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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks ended higher Friday, with the S&P 500 jumping past the key milestone of 5,000.\n• Revised CPI data released Friday showed inflation cooled in December more than initially reported.\n• "We think this is a pretty strong sign that we\'re still in a bull market," a strategist said.\nUS stocks were up on Friday with the S&P 500 ending the day past the key psychological mark of 5,000.\nThe benchmark index punched through 5,000 first on Thursday, closing the day just shy at 4,997. Afterrevised consumer price index datareleased Friday that showed inflation cooled more than initially reported in December, theindexpushed to new highs, climbing as high as 5,029 during the trading day.\nStocks capped off the week with the fifth straight weekly gain.\n"What does 5000 mean? On the surface, not a whole lot, we know that. But psychologically is really what matters," Ryan Detrick, chief market strategist from the Carson Group, said on Bloomberg TV on Friday.\nUsually, in the six months after psychological levels are breached, the S&P 500 has never dipped lower, Detrick said. If anything, it provides a fresh catalyst for stocks to continue rallying\n"We think this is a pretty strong sign that we\'re still in a bull market, we\'ve said that for a while, and get on the ride," he said. "It\'s a fun ride."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,026.61, up 0.57%\n• Dow Jones Industrial Average:38,671.69, down 0.14%\n• Nasdaq Composite:15,990.66, up 1.25%\nHere\'s what else is going on:\n• Nvidia is now worthas much as the whole Chinese stock market.\n• The commercial real estate crisis willprompt the Fed\'s first rate cutin May, top economist says.\n• VladimirPutin takes aim at the US dollar\'s dominant positionas the world\'s reserve currency.\n• China turmoil poses a risk to the Magnificent 7, Jeremy Grantham\'s GMO says.\n• Wharton professor Jeremy Siegel says thestock market still has 8% upside— and highlights where investors should put their money to capitalize.\n• Bitcoin\'s sudden rebound keeps the$100,000 threshold in reach by year-end, Standard Chartered says\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatecrude up 0.38% to $76.51 a barrel.Brent crude, the international benchmark, was also up by 0.34% to $81.91 a barrel.\n• Goldslipped 0.38% to $2,040.10 per ounce.\n• The10-year Treasury yieldticked slightly higher to 4.177%.\n• Bitcoinclimbed 4.75% to $47,680.75.\nRead the original article onBusiness Insider', 'During the meme coin mania of 2020-21,Shiba Inu(CRYPTO: SHIB)captured the imagination of crypto investors by offering a potential path to millionaire status. And indeed, there are some crypto investors who did become incredibly wealthy by investing in the meme coin. But Shiba Inu is now down 90% since 2021, and a number of efforts to boost the token\'s price over the past two years have not worked out as planned.\nWhile things admittedly don\'t look promising right now, there are still several possible scenarios forShiba Inuto become a millionaire-maker crypto. I\'m not saying these scenarios are likely, only that they represent possible paths to success. Let\'s take a closer look, and then you can be the judge of just how probable they are.\nThe first scenario involves Shiba Inu\'s coin supply, which remains ridiculously large at 589 trillion coins. To put that number into perspective, the total lifetime supply ofBitcoin(CRYPTO: BTC)is capped at just 21 million coins. From my perspective, the only way to boost Shiba Inu\'s price is by bringing the coin supply down to under 1 trillion coins.\nThe way to do that is viacoin burning, which is simply the act of transferring a coin to a "dead" (i.e., non-functioning) crypto wallet. When you burn a coin, you remove it from the overall circulating coin supply, and that (theoretically) should help to boost the price of the cryptocurrency. With that in mind, Shiba Inu has launched a number of high-profile coin-burning campaigns.\nBut here\'s the thing -- even if Shiba Inu burns 1 trillion coins per year, it would still take 589 years to get the coin supply under 1 trillion! While there are some scenarios out there for how Shiba Inu could burn close to 10 trillion coins per month, there are enormous questions about just how sustainable that pace really is. Even if you did burn 10 trillion coins per month, it would still take five years to bring the coin supply down under 1 trillion.\nThe second scenario involves boosting demand for Shiba Inu tokens. And the way you do that is by boosting the overall utility of the Shiba Inu blockchain. Theoretically, the more ways you can use the Shiba Inu blockchain, the more demand there should be for Shiba Inu tokens.\nThe centerpiece of this strategy was the August 2023 launch of Shibarium, a Layer 2 scaling solution designed to improve the overall speed, efficiency, and throughput of the Shiba Inu blockchain. In many ways, Shibarium is similar to the popular Layer 2 blockchains now running on top of theEthereum(CRYPTO: ETH)blockchain.\nThe question, though, is just how much new demand Shibarium will create for the Shiba Inu token. The launch of Shibarium was supposed to usher in a brave new world of blockchain gaming, decentralized finance (DeFi), and Web3 applications. Some even speculated that Shibarium might be used by large enterprises for their blockchain projects. While the number of transactions taking place on Shibarium seems to be surging in 2024, I\'m taking a wait-and-see approach on this for now.\nFinally, there\'s the most unlikely scenario of them all: Shiba Inu becoming the currency for AI. Ever since the launch of ChatGPT, there has been growing debate over the possible intersection of AI and crypto. In one potential use case, autonomous AI agents would pay for data and computing resources with cryptocurrency. You can think of these autonomous agents as AI-powered bots that you trust with real money to carry out tasks throughout the day.\nRight now, most people think Bitcoin will become the currency of AI. In fact, late last year, Ark Invest dedicated an entire 90-minute podcast to Bitcoin becoming the currency of AI. And, in January of this year,Palantir Technologies(NYSE: PLTR)co-founder Joe Lonsdale told CNBC that the three best candidates to become the currency of AI were Bitcoin, Ethereum, andSolana(CRYPTO: SOL).\nBut what if Shiba Inu becomes the currency of AI? As Elon Musk famously remarked, sometimes the most entertaining outcome is the most likely outcome. And what would be more entertaining than the iconic Shiba Inu dog becoming the mascot of AI? If dog-loving AI bots ever started to use Shiba Inu to pay for data and computing power, the price of the token might skyrocket.\nCertainly, the math behind becoming a Shiba Inu millionaire is alluring. Right now, for example, Shiba Inu trades for the super-low price of $0.000009. Thus, for just $10, you can buy over 1 million Shiba Inu tokens. If the token price goes to $1, you\'re a millionaire.\nBut as we\'ve seen with the scenarios above, the likelihood of Shiba Inu skyrocketing in value from $0.000009 to $1 is highly improbable, if not impossible. Remember -- the all-time-high for Shiba Inu is just $0.00009, which is a little too close to zero for my liking. As a result, Shiba Inu is probably nothing more than a lottery ticket these days and should not be part of a long-term, buy-and-hold portfolio.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Palantir Technologies, and Solana. The Motley Fool has adisclosure policy.\nIs Shiba Inu Still a Millionaire-Maker Crypto?was originally published by The Motley Fool', "When it comes to innovative and disruptive enterprises,Coinbase Global(NASDAQ: COIN)likely comes to mind. The top digital-asset brokerage and exchange operator is at the forefront of trying to bring cryptocurrencies to the masses.\nBut shares haven't been too kind to investors in recent years. If you invested $1,000 in Coinbase in April 2021, the time when it had itsinitial public offering(IPO), your position would be worth just $470 today (as of Feb. 5). That translates to a 53% decline, a disappointment when compared to the 15% rise of theNasdaq Composite Indexduring the same time (including dividends).\nLet's look back at thistop crypto stock's short history as a publicly traded company. Then we can figure out if investors should consider buying shares right now.\nIt was either extreme luck or a stroke of genius, but Coinbase couldn't have entered the public markets at a better time. Stocks and cryptocurrencies were in a bull market run during the post-pandemic boom, lifting shares 43% from $250 at the IPO to their all-time high in November 2021. Even though the stock is up an incredible 231% since the start of 2023, it remains 67% below that previous peak.\nThe stock's volatility mirrors the unpredictable nature of the underlying business. In 2021, Coinbase generated 93% of its revenue from transaction fees, which are derived from providing crypto trading services to both individuals and institutions. When asset prices are rising, as was the case about three years ago, the company's financials reflect this.\nCoinbase reported revenue growth of over 500% in 2021. And its net income totaled $3.6 billion. However, the good times were coming to an end.\nAs theFederal Reserveembarked on an aggressive rate-hiking cycle in early 2022, risky assets started to decline. With investors souring on cryptocurrencies, the once-thriving Coinbase came crashing back down. Sales slumped 59% in 2022. Even worse, the company posted a startling net loss of $2.6 billion that year.\nLast year was one of optimization. Management has been focused on cutting costs across the board, a similar strategy to many other growth tech businesses, and losses have declined significantly.\nWith the overall crypto market roughly doubling in value in 2023, there could be better days on the horizon for Coinbase.\nWhat's encouraging is that despite this crazy ride, Coinbase is still here. And it remains a top crypto brokerage and exchange. That's because ever since its founding, CEO Brian Armstrong has made it a point to work with regulators within existing rules, instead of trying to avoid them. This positions the company as a trusted and secure name in the industry, which might be a competitive advantage.\nHowever, leadership wants to make the company more stable and predictable. In the third quarter of 2023 (ended Sept. 30), about half of Coinbase's revenue came from its services and subscriptions segment.\nThis division, which includes things like staking and custody solutions, grew sales 59% year over year. As the custodian for many of the recently approved spotBitcoinexchange-traded funds, Coinbase could see this segment continue on its path to becoming a more important financial driver.\nThat's certainly what investors want to see, since it can ease the extreme volatility. But at the end of the day, buying Coinbase stock still represents a bet on the growth of the entire cryptocurrency industry. Instead of having to pick individual digital assets that might be tomorrow's winners, investors can consider Coinbase as a way to gain adequate exposure to the space.\nShares aren't cheap anymore at about 10 times sales. But the upside is certainly there for long-term investors who are bullish on this business and the industry. Just understand that this is still a very risky area of the market.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Coinbase in 2021, This Is How Much You Would Have Nowwas originally published by The Motley Fool", 'It\'s no secret that cryptocurrencies can balloon to unimaginable prices seemingly overnight. No better example of this occurred than in 2021 whenShiba Inu(CRYPTO: SHIB)skyrocketed nearly 900% in a matter of weeks.\nUnfortunately, Shiba Inu\'s well-known defects will likely impede its ability to replicate its past success. For investors seeking a safer and more reliable path to riches in the world of cryptocurrency, there is no better choice thanBitcoin(CRYPTO: BTC).\nThere are myriad reasons why Bitcoin is better than Shiba Inu, but the most influential and evident comes down to one thing: supply. In this regard, Bitcoin is the antithesis of Shiba Inu.\nShiba Inu has more than 589 trillion tokens in circulation today. Bitcoin has just 19.25 million. While the meme coin has an infinite supply, Bitcoin\'s is capped at 21 million, with the remaining 1.75 million set to gradually enter circulation at a dwindling rate over the next 116 years.\nAlgorithmically controlled through a process called a "halving," Bitcoin\'s robust monetary policy means it is much better suited for long-term appreciation. Approximately every four years, thereward that miners receivefor validating transactions is halved. This reduction in the reward rate leads to a decrease in the creation of new Bitcoins and contributes to the overall scarcity of the cryptocurrency.\nThe halving process will proceed on its scheduled timeline until 2140, which marks the year when the last Bitcoin will be mined, and the cryptocurrency will enter unprecedented territory.\nEven though Shiba Inu\'s price was able to overcome its token supply in its early days, it\'s more challenging today as the market becomes more familiar with its flawed structure. In recognition of its disproportionate supply, Shiba Inu developers introduced a burn mechanism to reduce the supply and artificially increase its price. So far, the efforts have proved futile.\nAs the crypto market surged in 2023, Shiba Inu was more or less left behind, as its overwhelming supply outpaced any demand. While Bitcoin grew by more than 150%, Shiba Inu climbed a measly 25%.\nThe difference between Bitcoin and Shiba Inu serves as a microcosm of the growing disparity between Bitcoin and the rest of the crypto market. While developers implement upgrades and solutions to make other cryptocurrencies more functional, Bitcoin has no team of developers manipulating it.\nThis is because Bitcoin doesn\'t need them. Its original design is simple and capable, and epitomizes what a cryptocurrency should be. Day after day and year after year, Bitcoin continues to operate just as it has since launching in 2009 without any developers or centralized entity. It should come as no surprise then that Bitcoin has risen to become the most valuable cryptocurrency since it is also the most secure, decentralized, and resilient.\nBest of all, this realization is solidifying and, on its current trajectory, adding further demand to its scarce supply. Take the recent approval of11 new Bitcoin ETFsas evidence of this. For years, Bitcoin was written off as a speculative and worthless asset only used by criminals. Fast-forward to today, and it has become the most valuable cryptocurrency with a new home on Wall Street.\nAnalysts like Ark Invest\'s CEO Cathie Wood believe that increased adoption from traditional finance could be the catalyst that sends Bitcoin to new heights. With tens of trillions of dollars at their disposal, if just 1% of this capital from institutional investors flowed into Bitcoin, its price could reach more than $1.5 million. That would be an increase of more than 3,000% from today\'s prices.\nIs that enough to make you rich? Who\'s to say? The concept of "rich" is clearly subjective and varies from person to person. While the cryptocurrency market is full of uncertainty, there are few things more objective than the simple fact that Bitcoin is built for the long haul and remains the best option for investors seeking true decentralization, security, and scarcity.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nForget Shiba Inu: This Cryptocurrency Could Make You Richwas originally published by The Motley Fool', 'Stock splits are mostly a magician\'s flourish for investors. They do not change the substance of the stock being split but somehow make everything seem more accessible and, by some measures, more exciting.\nYou\'re simplycutting the same business ownership into a different number of slices, usually increasing the share count and lowering stock prices. The total value of the stock itself or the holdings in your brokerage account remains the same. For instance, let\'s say you own a stock priced at $400 per share. If the board of directors decides to execute a 4-for-1 stock split, you\'ll now have four shares worth $100 each.\nBut it\'s not all accounting smoke and mass psychology mirrors. Not every investor has the option to buy fractional shares, and it\'s just more comfortable to keep track of stock prices in a comfortable price range.\nStock splits grab headlines, but the real interest lies in why companies choose to make this move. It\'s often fair to see a stock split as a vote of confidence in the company\'s future, suggesting that its leaders expect share prices to keep rising from an already oversized price tag.\nOn that note, data analytics expertMicroStrategy(NASDAQ: MSTR)seems like a reasonable stock-split candidate. A daring strategy shift has essentially turned the stock into a direct cryptocurrency investment, and its share prices now sit just above $500.\nShould you keep a close eye on the stock-split calendar, expecting MicroStrategy\'s name to pop up soon? Let\'s examine MicroStrategy\'s situation.\nMicroStrategy isn\'t entirely new to the stock-splitting arena. The company has split its shares twice so far, long beforeBitcoin(CRYPTO: BTC)even existed:\n[{"DATE": "July 31, 2002", "STOCK-SPLIT RATIO": "1-for-10"}, {"DATE": "Jan. 27, 2000", "STOCK-SPLIT RATIO": "2-for-1"}]\nData source: Yahoo! Finance.\nThe first split was done in the heyday of the dot-com bubble, shortly before the pop. After entering the public market with a $734 million market cap and $106 share price in the summer of 1998, the stock started the new millennium at $210 per share.\nMicroStrategy was buying smaller data-analytics companies, spending millions of dollars on lavish parties and commercials for the 2000 Super Bowl. Share prices quickly tripled again after the split, lifting MicroStrategy\'s market cap to $24.7 billion for a glorious moment in March 2000. It wasn\'t the largest tech company by a long shot, but MicroStrategy\'s market cap was comparable to promising upstarts likeApple(NASDAQ: AAPL)andAmazon(NASDAQ: AMZN)at the time.\nThat\'s exactly when the dot-com bubble shattered. Free-flowing financing dried up for questionable online business ideas, with harsh consequences for the entire tech sector -- MicroStrategy included.\nBy the end of 2001, theNasdaq Composite(NASDAQINDEX: ^IXIC)index had fallen by 58% from that all-time high. MicroStrategy\'s price was down by 99%, resetting the market cap to a humble $370 million and the stock price to $4.54 per share. So founder, CEO, and Chairman Michael Saylor swallowed the bitter pill of a 1-for-10 reverse stock split, lifting the shares out of penny-stock territory and ensuring compliance with the minimum stock-price requirements of Nasdaq listings.\nMicroStrategy\'s stock-split history reveals a company once caught in the whirlwind of tech euphoria having to face the harsh realities of market correction. I find it poignant that Michael Saylor led his company through those miserable years and still calls the shots today as executive chairman of MicroStrategy.\nButthe MicroStrategy of todayis markedly different from its turn-of-the-century self. The company has boldly pivoted to become a significant player in the cryptocurrency space, converting most of its cash reserves into Bitcoin and raising more money by various means to further build that Bitcoin portfolio. This tactic positions MicroStrategy uniquely at the intersection of business-intelligence software and digital-asset investments -- and the crypto exposure explains nearly all of the stock\'s recent gains.\nAs the landscape of finance and technology continues to evolve, MicroStrategy stands at a fascinating juncture. The stock has quadrupled since the end of 2022, reflecting and amplifying a 166% Bitcoin gain over the same period.\nSo another stock split is starting to look likely. Such a move would signal confidence in the company\'s future trajectory amid the volatile realms of tech and cryptocurrency.\nNow, Saylor might drag his feet on stock-split decisions because he\'s unsure about reminding investors of his company\'s unflattering split history. But everyone else did the same thing in the dot-com bubble, including Amazon and Apple. Both of those former market minnows have gone back to the stock-split well recently, setting a heartening example for other dot-bomb survivors.\nIn this new era, a stock split could serve multiple purposes for MicroStrategy. Beyond adjusting share prices to more accessible levels, it could potentially boost investor interest in a company that straddles two rapidly evolving sectors.\nIt may be unhealthy to hold your breath until Saylor announces a MicroStrategy stock split, but I wouldn\'t bet against it, either. Keeping an eye on that calendar of upcoming stock splits may make sense if you want a slimmer, sleeker version of MicroStrategy\'s stock. Again, splits don\'t really drive shareholder value, but they certainly inspire plenty of headlines. Whether a third split helps MicroStrategy owners or not, that moment in Wall Street\'s spotlight just might make up Michael Saylor\'s mind.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Anders Bylundhas positions in Amazon. The Motley Fool has positions in and recommends Amazon and Apple. The Motley Fool recommends Nasdaq. The Motley Fool has adisclosure policy.\nStock-Split Watch: Is MicroStrategy Next?was originally published by The Motley Fool', "SINGAPORE, Feb. 10, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 10, 2024.\nOKX Walletis now integrated withLumiBit, a Bitcoin Layer 2 solution based on zero-knowledge rollup that offers full EVM equivalence and BTC-native account abstraction. This integration allows OKX Wallet users to easily access LumiBit's diverse EVM ecosystem simply from the OKX Wallet interface.\nLumiBit is dedicated to building a native and inclusive ecosystem for Bitcoin. By streamlining smart contract deployment and leveraging the full spectrum of Bitcoin network assets, LumiBit aims to introduce unparalleled liquidity, speed and cost efficiency to Bitcoin ecosystem, enhancing its functionality and user experience.\nFor further information, please contact:\[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer"]... Last 60 Days of Bitcoin's Closing Prices: [41450.22, 42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-10 Financial & Commodity Data: - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $929,572,300,500 - Hash Rate: 570491417.639278 - Transaction Count: 399252.0 - Unique Addresses: 637411.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The outlook for Australia’s cotton crop has improved following a deluge of rain across growing regions last year that prompted some farmers to boost their planting, according to the nation’s industry group. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Google Lays Off Hundreds in Hardware, Voice Assistant Teams Amazon’s Twitch to Cut 500 Employees, About 35% of Staff These Are the World’s Most Powerful Passports in 2024 SEC Says FBI Is Investigating Compromise of Agency’s X Account Cotton Australia expects production to be at 4.5 million barrels for 2023-24, the top of its previously estimated range, according to Chief Executive Officer Adam Kay. The group warned in October — prior to rains — that the outlook was mixed due to the onset of El Niño, which typically brings drier conditions. Vast parts of eastern Australia has been inundated by heavy rains and flooding since at least October, including a tropical cyclone that damaged sugar crops in Queensland. The wet weather has benefited so-called dryland cotton producers, which rely on rain and stored soil moisture to support plant growth. Cotton is primarily grown in Queensland and New South Wales, and the harvest typically begins around March or April. In early October, Cotton Australia forecast output of 4 million to 4.5 million bales for 2023-24, compared with 5.5 million bales the previous season. Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Elon Musk’s Alleged Drug Use Comes Under a Microscope Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The past couple of years have been extremely difficult for the crypto ecosystem. Scandals, collapses, losses and lawsuits marred the industry, resulting in a loss of confidence in the space — and a loss of funds for many. While 2023, fared better, the trial of former FTX chief executive Sam Bankman-Fried — found guilty of all seven criminal counts against him in November — coupled with many assets still struggling to regain ground, made for a somewhat lukewarm environment.\nWhile the industry is still reeling from these developments, 2024 seems off to a good start, notably with the recent and long-awaited Securities and Exchange Commission (SEC) approval of SpotBitcoinexchange traded funds (ETFs), which many see as a legitimization of the space and the Holy Grail ofcrypto.\nSee:8 Best Cryptocurrencies To Invest In for 2024Here Are:6 Genius Things All Wealthy People Do With Their Money\nYet, for people working in crypto — and its broader ecosystem — however, the ride has proven rocky, although there are some glimpses of hope, with some experts arguing that “it can only go up from here.”\nTo put this in context, in December, crypto job postings on LinkedIn declined a whopping 57% year-over-year, yet, it’s less than the 71% year-over-year drop in November, according to Bloomberg.\nSponsored:Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.\nPhillip Shoemaker, executive director ofIdentity.com, a non-profit organization providing decentralized identity verification, said that while he knew this was going to be a long downturn and took a conservative approach, “getting cash in the bank and such,” he still didn’t expect this bear market to be as long as it has been.\n“Obviously, SBF did a big disservice to us by inviting in the regulators and then really angering them, because he stabbed them in the back by being a fraudster,” said Shoemaker. “There’s been a lot of unhappiness in the space post-FTX, and regulators have been bringing heat. But regulation does need to happen. I’m more concerned about good crypto companies just being down in this environment, but is the time to stay in your lane, to work and, well, to keep building. The bull market will return — it’s a matter of when, not if.”\nFor some participants, working in crypto post-FTX, is working in a landscape that has “dramatically shifted.”\nFor instance, Tayler McCracken, editor-in-chief,Coin Bureau, said that the aftermath of the FTX collapse, the SBF trial, and other high-profile setbacks have significantly altered the industry’s atmosphere.\n“The once buoyant interest has waned, as reflected in the reduced engagement with our content and a noticeable decline in job inquiries. Conversations have shifted from eager curiosity about joining the crypto world to cautious inquiries about its viability,” said McCracken.\nYet, he also noted that despite these challenges, their commitment to the crypto industry remains unwavering.\n“Those of us who continue to navigate these turbulent waters do so out of a firm belief in the potential of crypto to foster a more inclusive, transparent and equitable financial system. We are confident that the industry will emerge stronger, learning from these experiences,” he added.\nNot all is doom and gloom however, and several experts see crypto’s turmoil as an industry undergoing necessary growing pains, which in turn, are triggering some much-needed regulations.\nMike Martin, head of content atTastycrypto, called these changes necessary.\n“We can draw parallels with the early days of the internet — remember the dot-com bubble? Just like then, we’re experiencing periods of intense volatility and vulnerability, which are essential for our growth and resilience, just as it was for the internet back in 2000,” said Martin.\nIn turn, this could set the stage for a more resilient space — and the newly approved Bitcoin ETFs are also helping boost confidence in the space, as it has sparked renewed interest.\n“However, there is at least two-three years of a learning curve for both investment advisors and retail investors before crypto truly becomes a recommended allocation into a portfolio model,” said Andy LaPointe, author, advisor and founder ofCryptoWisdom.com. “This means those working in the industry still have an uphill battle.”\nYet, as Martin further argued, long-term participants in the crypto world, like himself, view these fluctuations through a lens that’s focused on the future, adding that the ebbs and flows of this business, though unsettling, don’t sway them because they know this technology is simply too efficient to not only have a future but be the future.\n“So, what are we as an industry doing in response to these challenges?” he queried. “We’re doing what Chicago did after the great fire of 1871 and what the United States did after the Crash of 1929: we’re rebuilding. We’re strengthening our foundations and our ecosystem to make them more robust than ever. 2023 was a Darwinian ‘survival of the fittest’ moment in crypto, and those of us still around are more resilient than ever.”\nMore From GOBankingRates\n• I'm a Frugal Shopper: 7 Things I Never Waste Money On\n• I'm a Costco Superfan: These Are the 5 Highest-Quality Kirkland Food Items\n• The Reason Your Credit Card Interest Rate is Holding You Back Financially\n• 6 Ways to Tell If You're Financially Smarter Than the Average American\nThis article originally appeared onGOBankingRates.com:How Miserable Is It To Work In Crypto Right Now and Is the Money Still Worth It?", 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment that you don\'t have to check on every 24 hours. But it\'s lousy if you want the types of rocket ship moves required to get to a price like $100,000 or higher.\nAs a result, I\'m starting to recalibrate my expectations for Bitcoin. I\'m expecting it to become less volatile over time. And, as it goes mainstream, I\'m expecting it to become more correlated with traditional asset classes. Combined, this might lead to less aggressive price swings for Bitcoin than we\'ve seen in the past. That being said, however, I\'m still long-term bullish on Bitcoin, which I still think has a chance to break through the $100,000 mark by the end of this year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Reach $100,000 in 2024?was originally published by The Motley Fool', 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment that you don\'t have to check on every 24 hours. But it\'s lousy if you want the types of rocket ship moves required to get to a price like $100,000 or higher.\nAs a result, I\'m starting to recalibrate my expectations for Bitcoin. I\'m expecting it to become less volatile over time. And, as it goes mainstream, I\'m expecting it to become more correlated with traditional asset classes. Combined, this might lead to less aggressive price swings for Bitcoin than we\'ve seen in the past. That being said, however, I\'m still long-term bullish on Bitcoin, which I still think has a chance to break through the $100,000 mark by the end of this year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Reach $100,000 in 2024?was originally published by The Motley Fool', "Coming off an impressive 2023, when it rose by more than 150%,Bitcoin(CRYPTO: BTC)is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark?\nLet's cut to the chase: The answer is yes. The reasoning for this corresponds to several evolving developments, but the most influential boils down to one simple phenomenon: supply and demand. With a bit of math, it becomes easy to see how a six-figure Bitcoin is not only within the realm of possibility but almost a near certainty.\nEven though you can't physically hold a bitcoin, it's like any other asset in that its price is subject to supply and demand. Where the cryptocurrency differs is that we know with certainty not only that it will become more scarce with time, but exactly when and by how much.\nUnderpinning its robust monetary model is an event hardwired into its code known as the halving. After 210,000 blocks are added to the blockchain -- or roughly every four years -- the crypto's inflation rate is cut in half. This process will occur until 2140 when the lastbitcoin is mined.\nThe next halving is slated for this April, at which point Bitcoin's inflation rate will drop from around 1.75% to just 0.85%. As a result, only 656,250 bitcoins will hit the market from this halving to the next, exactly half of the 1,312,500 that entered the market from the previous halving.\nThe effects of the halving are relatively simple. As the rate of supply diminishes, Bitcoin's price can soar even if demand stays constant.\nIn the years that a halving took place, Bitcoin's price grew by around 125% on average. Should a similar situation unfold this time around, a 125% increase from its price at the beginning of the year would put Bitcoin just shy of the six-figure mark at $99,000.\nAssuming this halving plays out like previous ones, we should get awfully close to the coveted $100,000 price tag. However, we must account for another variable: Bitcoin's existing supply levels.\nWhile around 19.6 million bitcoins are technically in circulation today, only 2.3 million are readily available for purchase on exchanges. This is the lowest level seen since early 2018. More importantly, such low levels mean that the upcoming halving will be the first time in Bitcoin's history that there are fewer coins on the market than during the previous halving.\nFor all of Bitcoin's history, the total supply on exchanges grew, even as halvings passed. But that changed in 2020 when an apparent decline formed. The explanation for this is multifaceted, but the most concise one is that demand has finally started to outpace supply.\nNow, the digital coin's historically low supply will come under even greater pressure with a halving on the horizon. While the halving holds the potential to push it close to $100,000, the added impact of a supply shortage will likely prove to be extra fuel it needs to reach six figures.\nThe majority of this analysis uses past data to project performance. It should go without saying, but historical patterns are not certainties of future returns. For all we know, this halving could be the anomaly that breaks the trend.\nAlthough it is unclear what the exact outcome will be, it is difficult to ignore the impact of the halving and the compounding effect it will have on an already scarce supply. The relationship between supply and demand is as crucial to an asset's value as gravity is to the solar system. It forms the basis of all patterns and behaviors.\nAny alteration to an asset's supply will add upward pressure to its price as long as demand stays constant, and by almost every account, it doesn't look like demand for Bitcoin is going anywhere.\nAdmittedly, hitting $100,000 in 2024 might be a bit of a long shot, but it is undoubtedly in the cards. If Bitcoin doesn't hit six figures this year, it only provides more time for investors to accumulate it as it hurtles toward the highly anticipated $100,000 mark.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Hit $100,000 in 2024was originally published by The Motley Fool", "Coming off an impressive 2023, when it rose by more than 150%,Bitcoin(CRYPTO: BTC)is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark?\nLet's cut to the chase: The answer is yes. The reasoning for this corresponds to several evolving developments, but the most influential boils down to one simple phenomenon: supply and demand. With a bit of math, it becomes easy to see how a six-figure Bitcoin is not only within the realm of possibility but almost a near certainty.\nEven though you can't physically hold a bitcoin, it's like any other asset in that its price is subject to supply and demand. Where the cryptocurrency differs is that we know with certainty not only that it will become more scarce with time, but exactly when and by how much.\nUnderpinning its robust monetary model is an event hardwired into its code known as the halving. After 210,000 blocks are added to the blockchain -- or roughly every four years -- the crypto's inflation rate is cut in half. This process will occur until 2140 when the lastbitcoin is mined.\nThe next halving is slated for this April, at which point Bitcoin's inflation rate will drop from around 1.75% to just 0.85%. As a result, only 656,250 bitcoins will hit the market from this halving to the next, exactly half of the 1,312,500 that entered the market from the previous halving.\nThe effects of the halving are relatively simple. As the rate of supply diminishes, Bitcoin's price can soar even if demand stays constant.\nIn the years that a halving took place, Bitcoin's price grew by around 125% on average. Should a similar situation unfold this time around, a 125% increase from its price at the beginning of the year would put Bitcoin just shy of the six-figure mark at $99,000.\nAssuming this halving plays out like previous ones, we should get awfully close to the coveted $100,000 price tag. However, we must account for another variable: Bitcoin's existing supply levels.\nWhile around 19.6 million bitcoins are technically in circulation today, only 2.3 million are readily available for purchase on exchanges. This is the lowest level seen since early 2018. More importantly, such low levels mean that the upcoming halving will be the first time in Bitcoin's history that there are fewer coins on the market than during the previous halving.\nFor all of Bitcoin's history, the total supply on exchanges grew, even as halvings passed. But that changed in 2020 when an apparent decline formed. The explanation for this is multifaceted, but the most concise one is that demand has finally started to outpace supply.\nNow, the digital coin's historically low supply will come under even greater pressure with a halving on the horizon. While the halving holds the potential to push it close to $100,000, the added impact of a supply shortage will likely prove to be extra fuel it needs to reach six figures.\nThe majority of this analysis uses past data to project performance. It should go without saying, but historical patterns are not certainties of future returns. For all we know, this halving could be the anomaly that breaks the trend.\nAlthough it is unclear what the exact outcome will be, it is difficult to ignore the impact of the halving and the compounding effect it will have on an already scarce supply. The relationship between supply and demand is as crucial to an asset's value as gravity is to the solar system. It forms the basis of all patterns and behaviors.\nAny alteration to an asset's supply will add upward pressure to its price as long as demand stays constant, and by almost every account, it doesn't look like demand for Bitcoin is going anywhere.\nAdmittedly, hitting $100,000 in 2024 might be a bit of a long shot, but it is undoubtedly in the cards. If Bitcoin doesn't hit six figures this year, it only provides more time for investors to accumulate it as it hurtles toward the highly anticipated $100,000 mark.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Hit $100,000 in 2024was originally published by The Motley Fool", 'It can be intimidating to invest in the tech sector\'s top stocks, which often cost hundreds to thousands of dollars for a single share. Most brokerages make it easier to invest in those stocks through fractional shares, but some investors might still prefer to buy even lots of 100 shares, which are easier to track or use for covered calls.\nInvestors should remember that a stock\'s trading price never defines how cheap or expensive it actually is. For example, a stock that trades at a single-digit price with a triple-digitprice-to-earningsratio is still usually more expensive than a stock that trades at a triple-digit price with a single-digit price-to-earnings ratio.\nThat said, stocks that trade at less than $20 a share might still be considered more manageable than higher-priced stocks. So today, we\'ll take a closer look at three promising tech stocks that trade under that threshold: the solid-state battery makerQuantumScape(NYSE: QS), the Taiwanese contract chipmakerUnited Microelectronics(NYSE: UMC), and theBitcoinminerMarathon Digital(NASDAQ: MARA).\nQuantumScape produces solid-state batteries that are powered by solid electrolytes instead of the liquid electrolytes used in lithium-ion batteries. Solid-state batteries are generally less volatile, more resistant to high temperatures, less susceptible to leaks and fires, and can charge faster than lithium-ion batteries.\nQuantumScape is developing solid-state batteries for the electric vehicle (EV) market that can be fully charged in less than 15 minutes and have a range of 400-500 miles. Those batteries could potentially replace traditional lithium-ion batteries for EVs, which require roughly 30 minutes to charge for a range of approximately 300 miles.\nQuantumScapehasn\'t commercializedany of its batteries nor generated any meaningful revenue yet, but its biggest backer isVolkswagen. It\'s gradually shipping its first samples this year, and analysts expect it to generate just $2 million in revenue in 2024 and $15 million in revenue in 2025.\nThat doesn\'t seem like a lot of revenue for a company with an enterprise value of $2.5 billion, but QuantumScape\'s revenue could skyrocket over the next decade as automakers switch to solid-state batteries. If you believe QuantumScape will remain a major player in this nascent market, then it could be a great buy at $7 a share.\nUnited Microelectronics, better known as UMC, is Taiwan\'s second-largest contract chipmaker afterTaiwan Semiconductor Manufacturing. It\'s often overshadowed by TSMC because it manufactures larger, older, and cheaper chips -- but it\'s still a crucial cog in the global semiconductor supply chain.\nUMC stopped chasing TSMC in the pricey "process race" to manufacture smaller, denser, and more power-efficient chips in 2018. After that shift, it produced chips for lower-end mobile devices, connected cars, industrial machines, and Internet of Things\xa0gadgets. From 2018 to 2023, it grew its revenue at a stable compound annual growth rate (CAGR) of 8%. Its operating margin expanded from 4% to 26%, while its earnings per share (EPS)\xa0increased at a CAGR of 53%.\nThat explosive earnings growth suggests that UMC made the right move by pivoting toward older and cheaper chips. For 2024, analysts expect its revenue to grow 8% as higher expenses and lower utilization rates reduce its EPS by 19%. That cyclical slowdown isn\'t surprising, but its stock still looks cheap at 12 times next year\'s earnings and pays a hefty forward yield of 7.3%. At $8 per share, it might be more appealing to retail investors than TSMC -- which still trades at about $125.\nMarathon Digital is the world\'s largest pure-play Bitcoin miner. It had energized a fleet of approximately 212,900 Bitcoin miners at the end of January, and it produced an average of 35 Bitcoin daily throughout the entire month. Marathon consistently adds that Bitcoin to its own balance sheet while selling some of those holdings to raise extra cash.\nThat cash flow growth enabled it to open two new plants, launch a mining joint venture in Abu Dhabi, and buy several other mining sites over the past year. However, it still ended January with $989 million in cash, cash equivalents, and Bitcoin -- which puts it in a strong position to further consolidate the mining market.\nHowever, Marathon\'s growth is still tightly tethered to Bitcoin\'s volatile price, which nearly doubled over the past 12 months after enduring some wild swings. Analysts expect its revenue to grow at a CAGR of 55% from 2023 to 2025, as Bitcoin\'s price bounces back and it scales up its mining operations. So if you believe Bitcoin\'s price will keep rising, Marathon\'s stock could be a bargain at just 5 times next year\'s sales -- and it trades just under the $20 threshold at about $18 as of this writing.\nShould you invest $1,000 in QuantumScape right now?\nBefore you buy stock in QuantumScape, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and QuantumScape wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Taiwan Semiconductor Manufacturing, and Volkswagen Ag. The Motley Fool has adisclosure policy.\n3 Top Tech Stocks Under $20 per Sharewas originally published by The Motley Fool', 'In 2023,Solana(CRYPTO: SOL)soared in value by more than 900%, making it one of the top-performing major cryptocurrencies. But it\'s been an entirely different story in 2024. Solana is up a meager 2% for the year, and seems to have stalled out around the $100 price level.\nThis could simply be a case ofSolanaoverheating, and investors needing time to pause and regroup after a scorching rally last year. Or it could be an early warning signal of deeper problems at Solana. Let\'s take a closer look.\nThree major factors appear to be weighing on Solana right now. One is related to therecent launchof the spotBitcoin(CRYPTO: BTC)ETFs. Given all the buzz and hype surrounding this launch, investors were focused almost entirely on Bitcoin in January. Any investment dollars that once might have flowed to Solana were now going almost entirely to Bitcoin. At one point in mid-January, 98% of all institutional money was going to Bitcoin.\nPerhaps of more concern are the questions that continue to swirl around the security and resilience of Solana\'s blockchain. In early February, Solana suffered a major five-hour outage, bringing its blockchain to a screeching halt. That might not sound like a big deal, but Solana has had a pattern of these network outages for more than two years. Solana set a record for network uptime last year, but investors now have a right to question whether its downtime problems are really behind it.\nFinally, investors may be increasingly circumspect about the wave of meme coin mania that engulfed the Solana blockchain at the end of 2023. The meme coin that set this off wasBonk(CRYPTO: BONK), which surged in value by 1,000% at one point last year. There has also been a steady supply of new meme coins and speculative new blockchain projects in 2024. As a result, many of the metrics typically used to track Solana are now being artificially inflated by all this new trading in meme coins.\nWhile all these factors are, to a degree, a point of concern, they should not distract from the big picture view. Solana is uniquely positioned to challengeEthereum(CRYPTO: ETH)as the preeminent Layer 1 blockchain network, and this should be the focus of any investment thesis for Solana backers.\nIn 2023, Solana steadily chipped away at Ethereum\'s dominance in many key blockchain niches, especially decentralized finance (DeFi). By the end of the year, overall trading volume on Solana\'s decentralized exchanges was higher than overall trading volume on Ethereum\'s decentralized exchanges.\nMoreover, institutional investors appear to be increasingly buying into the idea of Solana being a credible "Ethereum killer." The best evidence comes from Cathie Wood of Ark Invest, who appeared on CNBC at year-end to make the case for Solana as a faster, more cost-efficient version of Ethereum. While Ethereum may have the first-mover advantage, Solana appears to be gaining ground. Over the long haul, the thinking goes, Solana may eventually flip Ethereum in market cap.\nEven better, Solana appears to be innovating at a much faster pace than Ethereum right now. While Ethereum continues to roll out incremental improvements to its blockchain, Solana is pushing ahead with a disruptive new mobile crypto strategy that includes both a hardware component (the Sage crypto phone) and a software component (the Solana Mobile Stack). This is something that Ethereum is not even close to offering. As a result, I\'m expecting Solana to grow much more rapidly than Ethereum going forward.\nKeep your eye on the relative market performance of Solana versus Ethereum. This will give you the best indicator of where Solana is headed next. In 2024, Solana is up 2%, while Ethereum is up 6%, so they are essentially running neck-and-neck right now. The slight edge for Ethereum can be attributed to all the buzz surrounding a potential spot Ethereum ETF coming in May.\nSo, for now, I\'m confident that the overall investment thesis for Solana remains in place. Over the long haul, Solana is uniquely positioned to challenge Ethereum for market dominance. Yes, there will be momentary pullbacks and retrenchments along the way. But Solana is building real, lasting value. So I\'m not worried about Solana temporarily stalling out at the $100 price level. I remain long-term bullish on Solana.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nAfter a Magnificent Rally in 2023, Is Solana Still a Buy?was originally published by The Motley Fool', "In this article, we discuss the 14 best US stocks for foreign investors. If you want to read about some more US stocks that foreigners should consider for their portfolios, go directly to the5 Best US Stocks For Foreign Investors.\nLate last year, investors flocked to Treasuries amid expectations of rate cuts by the Fed as early as the first quarter of this year. This surge in demand caused government bond prices to rebound sharply from 16-year lows. However, many investors are now reassessing their positions followingrobustU.S. jobs data and a cautious tone from the Fed, with the central bank recently warning that a strong economy could lead to inflationary pressures if rates are reduced prematurely. While investors still anticipate multiple rate cuts this year, there is now greater uncertainty regarding the timing and extent of the Fed's monetary easing measures.\nThat said, investors would do well to recall that the NASDAQ Composite experienced a sharp decline of over 33% in 2022 amid concerns of a recession. Even during the pandemic-induced volatility of 2020, characterized by surges in tech-heavy growth stocks, the index closed the year with an impressive gain of nearly 44%. It appears that this positive momentum is carrying into 2024, with many investors maintaining confidence in their tech holdings and anticipating further profitability as the year unfolds. The latest growth indicators suggest that the index is poised for another record-setting year in the market.\nOn February 1, Farzin Azarm from Mizuho Americas discussed current trends in the US tech sector and investors' continued focus on tech stocks during an appearance onCNBC. Azarm suggests that the persistent favoritism towards US tech stocks is leading to a disregard for stocks from other regions, particularly those from China. He posits that a significant shift in the US tech and AI sectors is necessary to redirect investment interest towards Chinese stocks. Azarm notes that investors, having already allocated substantial funds to pricey American stocks, are hesitant to further invest in similarly expensive companies.\nGiven the circumstances outlined above, it's no wonder that renowned companies like Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN) remain top contenders as some of the best American stocks to invest in, both in the eyes of analysts and investors.\nAn aerial view of a bustling financial market, highlighting the complexity of the public finance sector.\nOur Methodology\nFor this list, we utilized a stock screener to identify stable companies exhibiting revenue growth exceeding 10%. Subsequently, we ranked them by market capitalization to highlight the largest companies. Our selection process focused on identifying the top US stocks for foreign investors, considering both revenue growth and hedge fund sentiment as of the third quarter of 2023. The list is organized in ascending order based on the number of hedge fund holders. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years(see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 85\nQuarterly Revenue Growth: 17.16%\nMerck & Co., Inc. (NYSE:MRK), a distinguished American multinational pharmaceutical company headquartered in Rahway, New Jersey, boasts a rich history dating back to the establishment of the Merck Group in Germany in 1668. Originally the American arm of this venerable group, the company operates under the names Merck Sharp & Dohme or MSD outside the United States and Canada. It holds a prominent position in the pharmaceutical industry, specializing in the development of medicines, vaccines, biologic therapies, and animal health products.\nDemonstrating a consistent pattern of dividend growth for 11 consecutive years, the company currently offers a quarterly dividend of $0.77 per share, resulting in a dividend yield of 2.42% as of February 7.\nInsider Monkey sifted through 910 hedge funds for their third-quarter 2023 investments, revealing that 85 had invested in Merck & Co., Inc. (NYSE:MRK), up from 78 in the previous quarter.\nMuch like Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN), Merck & Co., Inc. (NYSE:MRK) operates as one of the best American stocks to invest in.\nNumber of Hedge Fund Holders: 88\nQuarterly Revenue Growth: 21.71%\nHeadquartered in Charlotte, North Carolina, at the Bank of America Corporate Center, Bank of America Corporation (NYSE:BAC) stands as a leading American multinational investment bank and financial services holding company. Serving a diverse clientele spanning individual consumers, large corporations, and governments worldwide, the bank is renowned for its comprehensive range of financial solutions.\nInvestors appreciate Bank of America Corporation (NYSE:BAC)'s solid dividend performance, with the company offering a quarterly dividend of $0.24 per share, resulting in an appealing dividend yield of 2.89% as of February 7.\nInsider Monkey's data for the third quarter of 2023 revealed that 88 out of the 910 hedge funds tracked had invested in Bank of America Corporation (NYSE:BAC). Notably, Warren Buffett's Berkshire Hathaway held the largest stake in the company, with an impressive $28.2 billion investment.\nNumber of Hedge Fund Holders: 102\nQuarterly Revenue Growth: 12.49%\nNetflix, Inc. (NASDAQ:NFLX) is a California-based company renowned for its subscription video-on-demand over-the-top streaming service, available in over 190 countries.\nOn January 23, Netflix, Inc. (NASDAQ:NFLX) reported a Q4 GAAP EPS of $2.11, slightly below Wall Street estimates by $0.11. However, revenue for the period increased 12.5% year-over-year to $8.83 billion, surpassing market expectations by $120 million. The company's global streaming paid memberships saw a significant increase of 13.12 million, reaching 260.28 million. Netflix, Inc. (NASDAQ:NFLX) also provided guidance for Q1 2024, expecting revenue of $9.24 billion, slightly below the consensus estimate of $9.26 billion, and projected earnings per share of $4.49, surpassing the consensus estimate of $4.14.\nAccording to Insider Monkey’s third-quarter database, 102 hedge funds were bullish on Netflix, Inc. (NASDAQ:NFLX), down from 114 funds in the preceding quarter. Boykin Curry’s Eagle Capital Management is among the biggest stakeholders of the company, holding 2.5 million shares valued at over $970 million.\nNumber of Hedge Fund Holders: 104\nQuarterly Revenue Growth: 14.06%\nHeadquartered in Minnetonka, Minnesota, UnitedHealth Group Incorporated (NYSE:UNH) is a leading American multinational corporation specializing in managed healthcare and insurance services, operating as a for-profit entity. The corporation is structured into four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. Recognized as one of the best American stocks to buy, UnitedHealth Group Incorporated (NYSE:UNH) offers a quarterly dividend of $1.88 per share as of February 7.\nInsider Monkey’s database of 910 hedge funds reveals that 104 hedge funds reported owning stakes in UnitedHealth Group Incorporated (NYSE:UNH). The most significant stakeholder in the firm during this period was Rajiv Jain’s GQG Partners, which holds a $1.63 billion stake in the company.\nMairs & Power Growth Fund made the following comment about UnitedHealth Group Incorporated (NYSE:UNH) in its second quarter 2023 investorletter:\n“Notable detractors to performance in the first half were US Bank (USB), Charles Schwab (SCHW), andUnitedHealth Group Incorporated(NYSE:UNH), which were down 22.09%, 31.65%, and 8.65%, respectively. Another detractor from relative performance was UnitedHealth Group, which was down 8.65%. However, we have a positive long-term view of the company, headquartered in Minnesota, and especially its potential when it comes to harnessing its vast amounts of patient data via AI. Additionally, its Optum unit, which provides technology and data-driven care delivery, has AI-enabled tools that can help healthcare providers drive more efficient and accurate care to patients.\nNumber of Hedge Fund Holders: 109\nQuarterly Revenue Growth: 31.14%\nBased in New York City and incorporated in Delaware, JPMorgan Chase & Co. (NYSE:JPM) stands as a leading American multinational financial services corporation and the largest bank in the United States.\nOn December 12, JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend of $1.05 per share on its outstanding common stock. The dividend was scheduled to be distributed on January 31, to shareholders of record as of January 5, 2024.\nInsider Monkey's Q3 2023 database revealed that 109 hedge funds held stakes in JPMorgan Chase & Co. (NYSE:JPM), a slight increase from 106 in the previous quarter. The combined value of these holdings exceeds $6.6 billion.\nJPMorgan Chase & Co. (NYSE:JPM) joins the ranks of Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN) as one of the best American stocks to buy.\nNumber of Hedge Fund Holders: 110\nQuarterly Revenue Growth: 10.16%\nHeadquartered in Santa Clara, California, Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company specializing in the development of computer processors and associated technologies, catering to both business and consumer markets.\nOn February 1, Citi analyst Christopher Danely noted an increase in Advanced Micro Devices, Inc. (NASDAQ:AMD)'s guidance for artificial intelligence-related revenue, now anticipating $3.5 billion in sales for the current year, up from the previous estimate of $2 billion. Citi suggested that the company might intentionally be underestimating, and Advanced Micro Devices, Inc. (NASDAQ:AMD)'s CEO expressed confidence in surpassing the $3.5 billion figure for this year.\nAs of Q3 2023, Insider Monkey tracked 110 hedge funds holding shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), with a total value of $9.2 billion. Among them, Fisher Asset Management, led by Ken Fisher, emerged as the largest hedge fund shareholder, with ownership of 27.8 million shares valued at $2.9 billion.\nNumber of Hedge Fund Holders: 112\nQuarterly Revenue Growth: 13.22%\nHeadquartered in California, Adobe Inc. (NASDAQ:ADBE) is a versatile software company offering a wide range of products and solutions that empower individuals, teams, and enterprises to create, publish, and promote content. Renowned as a top choice for content creators, students, professionals, and consumers alike, Adobe Inc. (NASDAQ:ADBE) also operates a Digital Experience segment, serving brands and businesses in managing, implementing, and monetizing customer experiences.\nOn December 13, Adobe Inc. (NASDAQ:ADBE) announced a Q4 non-GAAP EPS of $4.27 and revenue of $5.05 billion, surpassing Wall Street estimates by $0.13 and $30 million, respectively. One of the best American stocks for foreign investors, the company repurchased approximately 1.8 million shares during the fourth quarter of 2023.\nInsider Monkey's third-quarter database revealed that 112 hedge funds were bullish on Adobe Inc. (NASDAQ:ADBE), up from 109 funds in the previous quarter. Leading the pack, Ken Fisher’s Fisher Asset Management holds the largest stake in the company, with 4.5 million shares valued at $2.3 billion.\nNumber of Hedge Fund Holders: 122\nQuarterly Revenue Growth: 11.27%\nSalesforce, Inc. (NYSE:CRM) stands out as a prominent America Last 60 Days of Bitcoin's Closing Prices: [42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-11 Financial & Commodity Data: - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $937,046,072,462 - Hash Rate: 514192922.4775072 - Transaction Count: 329938.0 - Unique Addresses: 558692.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The much-anticipated sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by the Ordinals project Taproot Wizards was marred by technical issues on Monday, leaving users frustrated and forcing an embarrassing delay. The planned sale of around 3,000 digital cats, designed to honor a Bitcoin improvement proposal known as OP_CAT, commenced with a two-hour "whitelist" window at 17:00 UTC (noon ET) on Monday, butthis had to be postponed until Tuesday due to the issues encountered. "There’s been an incredible demand for the cats today, and our servers simply couldn’t handle the amount of people who were trying to mint,"Taproot Wizards posted on X. The collection was on sale for 0.1 BTC ($4,300), meaning as much as 300 BTC ($12.9 million) could have been raised if every cat was to be sold. According to the tweet, around 30% of the cats were minted on Monday. That would equate to nearly 1,000 cats, for around around 100 BTC ($4.3 million). It was an inauspicious start for Taproot Wizards, whichraised $7.5 million in a seed funding round in November, reflecting the high hopes for projects focused on the fast-growing arena of inscriptions from the Ordinals protocol, colloquially referred to as "NFTs on Bitcoin." The first item in the Quantum Cats series, a special image known as "Genesis Cat," sold earlier this month on the auction house Sotheby's for an eye-popping $254,000. Udi Wertheimer, one of the company's co-founders, apologized to would-be buyers during a live Spaces session on the social-media platform X. "There's been some glitches," Wertheimer said. "I know this isn't the experience people were expecting." Following the two-hour whitelist window, the plan was for minting to pause for an hour before the remaining cats became available for general sale. Complaints filled the project's Discord channel on Monday: "This has got to be one of the worst mint experiences I've ever seen," one user wrote. TheOrdinals protocol allows the inscriptions of datainto satoshis – the smallest units of bitcoin – effectively creatingnon-fungible tokens(NFTs) on the Bitcoin network. The protocoldebuted at the start of 2023, becoming a contentious issue for the Bitcoin community, with some users saying they are pointlessly congesting the network. Read More:Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• The waitlist for new Ethereum validators is now the longest since early October.\n• The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%.\nThe Ethereum network is witnessing a spike in the number of validators looking to stake their ether {{ETH}}.\nThe so-called validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data sourceValidatorQueue. The waitlist, representing over 225,000 ether ($562 million), is expected to be cleared in just over 48 hours.\nEthereum limits the number of new validators that can join the network per epoch or the time it takes to process blocks on the blockchain. This results in a backlog. AnEthereum epochis 6.4 minutes long.\nValidators are entities that stake a minimum of 32 ether in the network to participate in running Ethereum’s proof-of-stake consensus blockchain. In exchange for staking ether, they receive a steady rate of return analogous to interest income from fixed-income instruments like bonds.\n“Resurgence in Ethereum staking activity indicates initial signs of renewed vitality,” David Lawant, head of research at institutional crypto exchange FalconX, said in an email on Friday.\nLawant added that the renewed uptick in the activation queue is notable, as there has been little to no improvement in the annualized percentage yield on staked ether.\nCoinDesk’scomposite ether staking ratecontinues to hover between 3.5% and 4% for the fourth straight month, offering barely any premium compared to the yield or the so-called risk-free rate of 4.17% on the 10-year U.S. Treasury note.\nWhile the number of stakers looking to join the network has spiked, the tally remains well below the figures over 75,000 seen following Ethereum’s Shapella upgrade in April last year. TheShapella upgradeopened withdrawals of staked ether for the first time, de-risking the process of locking coins in return for rewards.\nThe waitlist for validators looking to exit saw abrief spike in early Januaryafter failed crypto lender Celsius revealed plans to unstake its entire ether holdings.\nEther jumped nearly 10% last week, underperforming bitcoin’s {{BTC}}14.5% gainand the 11% rise in theCoinDesk 20 Index.\nThe uncertainty about the potential launch of U.S.-based spot ETFs later this year and the need for more clarity in the SEC’s categorization of ether haveseemingly kept traders fromaggressively buying ether.\nAccording to Lawant, everyone is waiting to see whether the potential ETH ETFs will be allowed to stake coins.\n“Ark/21Shares updated their S-1 form to include a staking component this week. The back and forth on S-1 amendments over the upcoming months ahead of the key date on May 23 will hint at whether that’s a real possibility,” Lawant noted.', '• Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.\n• Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future.\nBitcoin’s {{BTC}} technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in aresearch notelast week.\n“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder – and has historically preceded bull runs.\nZhao stated that the advent of ordinal inscriptions and BRC-20 tokens had revitalized on-chain activity on Bitcoin, generating upwards of $200 million in transaction fees for miners as of February 2024.\n“This trend is expected to persist, bolstered by renewed developer interest and ongoing innovations on the Bitcoin blockchain,” he said.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April to allow users to issue transferable tokens directly through the network for the first time.\nThe tokens, called inscriptions, function on the Ordinals Protocol. The protocol allows users to embed data on the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nDuring times of network demand, fees derived from Ordinals they consisted of over 20% of monthly revenue for miners – emerging as a new source of income, one of the network’s most important stakeholders.\nBeyond generally positive onchain fundamentals, bitcoin’s market structure looks beneficial to price post-halving, the report said. Lower rewards are expected to require relatively lower buying pressure to keep prices afloat, which, with increased demand, could translate to higher prices.\n“Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).”\n“In order to maintain current prices, a corresponding buy pressure of $14 billion annually is needed,” he stated, adding that these requirements will decrease “to $7 billion annually” after the halving as rewards fall down to 3.25 bitcoin per block, “effectively easing the selling pressure.”\nSpot bitcoin ETFs have amassed more than 192,000 bitcoins in holdings as of Friday since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.\n• Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future.\nBitcoin’s {{BTC}} technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in aresearch notelast week.\n“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder – and has historically preceded bull runs.\nZhao stated that the advent of ordinal inscriptions and BRC-20 tokens had revitalized on-chain activity on Bitcoin, generating upwards of $200 million in transaction fees for miners as of February 2024.\n“This trend is expected to persist, bolstered by renewed developer interest and ongoing innovations on the Bitcoin blockchain,” he said.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April to allow users to issue transferable tokens directly through the network for the first time.\nThe tokens, called inscriptions, function on the Ordinals Protocol. The protocol allows users to embed data on the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nDuring times of network demand, fees derived from Ordinals they consisted of over 20% of monthly revenue for miners – emerging as a new source of income, one of the network’s most important stakeholders.\nBeyond generally positive onchain fundamentals, bitcoin’s market structure looks beneficial to price post-halving, the report said. Lower rewards are expected to require relatively lower buying pressure to keep prices afloat, which, with increased demand, could translate to higher prices.\n“Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).”\n“In order to maintain current prices, a corresponding buy pressure of $14 billion annually is needed,” he stated, adding that these requirements will decrease “to $7 billion annually” after the halving as rewards fall down to 3.25 bitcoin per block, “effectively easing the selling pressure.”\nSpot bitcoin ETFs have amassed more than 192,000 bitcoins in holdings as of Friday since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', 'In 2023,Bitcoinmining stocks were a no-brainer investment. All of them were up triple digits or more last year, and it was really just a matter of finding the Bitcoin mining companies with the largest number of Bitcoin mining rigs. The more mining rigs they had, the more Bitcoin they could mine and the more money they could make. Simple, right?\nWell, all that could change in 2024. For one, there\'s the upcoming Bitcoin halving, which could lead to a shakeout in theBitcoin miningindustry. That, in turn, could open the door to the arrival of new Bitcoin mining competitors. The one I\'m keeping my eye on is Ocean, a new Bitcoin mining venture backed by legendary tech entrepreneur Jack Dorsey.\nPerhaps the biggest investor misconception about Bitcoin mining is that the largest players are the publicly traded Bitcoin mining stocks. That couldn\'t be further from the truth. In fact, large Bitcoin mining companiesMarathon Digital Holdings(NASDAQ: MARA)orRiot Platforms(NASDAQ: RIOT)each account for less than 5% of the total Bitcoin mining market. If you add up the market share of the public Bitcoin miners, it amounts to less than 30%.\nSo who controls the other 70%? There are some privately held Bitcoin mining companies, of course. But the two biggest players -- Foundry USA and AntPool -- areBitcoin mining pools.\nYou can think of each mining pool as a giant syndicate that consists of many smaller Bitcoin mining operations. In exchange for contributing their computing power to the syndicate, each participant receives a percentage of the overall profits. Right now, Foundry (based in upstate New York) and AntPool (based in China) are responsible for nearly 57% of all Bitcoin mined by these mining pools.\nAnd that\'s where Ocean comes into the picture. Ocean is a new type of Bitcoin mining pool that launched in November 2023 with the tagline, "Bitcoin mining as it was supposed to be." It\'s backed by Jack Dorsey, who has been a Bitcoin supporter for more than a decade. In fact, Jack Dorsey famously touted Bitcoin as "amazing" when it was trading for just $11 back in 2012. He was also one of the first tech visionaries to think of the possible ways social media companies might integrate cryptocurrencies like Bitcoin into their business models.\nAccording to Dorsey, the growing power of the biggest Bitcoin mining pools is bad for Bitcoin. The goal of Bitcoin is to be as decentralized as possible, and if just two mining pools are at the center of Bitcoin production, that\'s not good. In fact, danger signals start to flash anytime a Bitcoin miner starts to control anywhere near half of the total market.\nAnd that\'s what we\'re seeing with Foundry and AntPool. If they ever decided to combine forces, they could potentially control more than one-half of total Bitcoin production. That would raise the specter of a 51% attack, which is among the most feared cyber risks within the blockchain industry.\nSo Ocean is supposed to change all that by changing the incentives for Bitcoin miners and making it easier for small miners to be successful. While Ocean is still microscopically small, given that it just launched, it\'s an entrant to keep an eye on. In a best-case scenario, miners who once participated in larger Bitcoin mining pools (i.e., Foundry or AntPool) will start to participate with Ocean. Over time, that will help with the decentralization problem and help to preserve the stability of Bitcoin.\nJack Dorsey\'s new venture could have an impact on the way we think about Bitcoin mining stocks. For example, it could shift attention away from the miners themselves to the companies providing the "picks and shovels" to these Bitcoin miners. And that includesBlock Inc.(NYSE: SQ), where Jack Dorsey is the CEO.\nFor the past 12 months, Block has been ramping up its exposure to the Bitcoin mining space. In April 2023, for example, it bought up Bitcoin mining chips from Intel as part of a larger plan to become more involved in the production of tools and equipment needed to mine Bitcoin. In July, it unveiled a Mining Development Kit (MDK) for Bitcoin miners. And in December, it unveiled a new Bitcoin wallet.\nMoreover, Jack Dorsey\'s new venture will likely bring more attention to the concept of Bitcoin mining pools and how they impact the profitability of publicly traded miners. For example, most investors may not realize that Marathon Digital operates one of the biggest Bitcoin mining pools (known as MaraPool) in North America.\nAnother example comes from Riot Platforms. At the end of 2022, the company made a big deal of ditching its Bitcoin mining pool and joining another. Simply stated, the choice of which mining pool to join was having an impact on its bottom line.\nGoing forward, I\'m going to be paying attention to Jack Dorsey\'s new forays into the Bitcoin mining space, including those made by his company, Block. These moves could give you a good idea of where Bitcoin mining is headed and help you to make better decisions about which publicly traded Bitcoin mining stocks to invest in next.\nShould you invest $1,000 in Marathon Digital right now?\nBefore you buy stock in Marathon Digital, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Marathon Digital wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nJack Dorsey Is Bullish on Bitcoin Mining. Should You Be Too?was originally published by The Motley Fool', 'In 2023,Bitcoinmining stocks were a no-brainer investment. All of them were up triple digits or more last year, and it was really just a matter of finding the Bitcoin mining companies with the largest number of Bitcoin mining rigs. The more mining rigs they had, the more Bitcoin they could mine and the more money they could make. Simple, right?\nWell, all that could change in 2024. For one, there\'s the upcoming Bitcoin halving, which could lead to a shakeout in theBitcoin miningindustry. That, in turn, could open the door to the arrival of new Bitcoin mining competitors. The one I\'m keeping my eye on is Ocean, a new Bitcoin mining venture backed by legendary tech entrepreneur Jack Dorsey.\nPerhaps the biggest investor misconception about Bitcoin mining is that the largest players are the publicly traded Bitcoin mining stocks. That couldn\'t be further from the truth. In fact, large Bitcoin mining companiesMarathon Digital Holdings(NASDAQ: MARA)orRiot Platforms(NASDAQ: RIOT)each account for less than 5% of the total Bitcoin mining market. If you add up the market share of the public Bitcoin miners, it amounts to less than 30%.\nSo who controls the other 70%? There are some privately held Bitcoin mining companies, of course. But the two biggest players -- Foundry USA and AntPool -- areBitcoin mining pools.\nYou can think of each mining pool as a giant syndicate that consists of many smaller Bitcoin mining operations. In exchange for contributing their computing power to the syndicate, each participant receives a percentage of the overall profits. Right now, Foundry (based in upstate New York) and AntPool (based in China) are responsible for nearly 57% of all Bitcoin mined by these mining pools.\nAnd that\'s where Ocean comes into the picture. Ocean is a new type of Bitcoin mining pool that launched in November 2023 with the tagline, "Bitcoin mining as it was supposed to be." It\'s backed by Jack Dorsey, who has been a Bitcoin supporter for more than a decade. In fact, Jack Dorsey famously touted Bitcoin as "amazing" when it was trading for just $11 back in 2012. He was also one of the first tech visionaries to think of the possible ways social media companies might integrate cryptocurrencies like Bitcoin into their business models.\nAccording to Dorsey, the growing power of the biggest Bitcoin mining pools is bad for Bitcoin. The goal of Bitcoin is to be as decentralized as possible, and if just two mining pools are at the center of Bitcoin production, that\'s not good. In fact, danger signals start to flash anytime a Bitcoin miner starts to control anywhere near half of the total market.\nAnd that\'s what we\'re seeing with Foundry and AntPool. If they ever decided to combine forces, they could potentially control more than one-half of total Bitcoin production. That would raise the specter of a 51% attack, which is among the most feared cyber risks within the blockchain industry.\nSo Ocean is supposed to change all that by changing the incentives for Bitcoin miners and making it easier for small miners to be successful. While Ocean is still microscopically small, given that it just launched, it\'s an entrant to keep an eye on. In a best-case scenario, miners who once participated in larger Bitcoin mining pools (i.e., Foundry or AntPool) will start to participate with Ocean. Over time, that will help with the decentralization problem and help to preserve the stability of Bitcoin.\nJack Dorsey\'s new venture could have an impact on the way we think about Bitcoin mining stocks. For example, it could shift attention away from the miners themselves to the companies providing the "picks and shovels" to these Bitcoin miners. And that includesBlock Inc.(NYSE: SQ), where Jack Dorsey is the CEO.\nFor the past 12 months, Block has been ramping up its exposure to the Bitcoin mining space. In April 2023, for example, it bought up Bitcoin mining chips from Intel as part of a larger plan to become more involved in the production of tools and equipment needed to mine Bitcoin. In July, it unveiled a Mining Development Kit (MDK) for Bitcoin miners. And in December, it unveiled a new Bitcoin wallet.\nMoreover, Jack Dorsey\'s new venture will likely bring more attention to the concept of Bitcoin mining pools and how they impact the profitability of publicly traded miners. For example, most investors may not realize that Marathon Digital operates one of the biggest Bitcoin mining pools (known as MaraPool) in North America.\nAnother example comes from Riot Platforms. At the end of 2022, the company made a big deal of ditching its Bitcoin mining pool and joining another. Simply stated, the choice of which mining pool to join was having an impact on its bottom line.\nGoing forward, I\'m going to be paying attention to Jack Dorsey\'s new forays into the Bitcoin mining space, including those made by his company, Block. These moves could give you a good idea of where Bitcoin mining is headed and help you to make better decisions about which publicly traded Bitcoin mining stocks to invest in next.\nShould you invest $1,000 in Marathon Digital right now?\nBefore you buy stock in Marathon Digital, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Marathon Digital wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nJack Dorsey Is Bullish on Bitcoin Mining. Should You Be Too?was originally published by The Motley Fool', 'Cathie Wood follows the old advice about not putting all of your eggs in one basket. Her various Ark Invest funds together hold positions in more than 120 stocks.\nHowever, the famous investor isn\'t quite as diversified as you might think. Wood has 37% of her Ark Invest portfolio invested in these seven stocks.\nWood\'s top holding right now isCoinbase Global(NASDAQ: COIN). The cryptocurrency exchange operator\'s shares make up nearly 6.9% of her overall Ark Invest portfolio.\nLast year, Wood reiterated her prediction that the price ofBitcoinwould eventually hit $1 million. If she\'s right, Coinbase should have tremendous growth prospects ahead. However, Wood has sold millions of shares of Coinbase in recent months.\nIt\'s probably not surprising thatTesla(NASDAQ: TSLA)ranks high among Wood\'s holdings. The electric vehicle (EV) maker is currently her second biggest position, comprising 6% of her overall Ark Invest portfolio.\nWood has been a vocal Tesla bull for a long time. In 2023, she claimed that the company "is the biggest AI opportunity in the world." Ark Invest released a report last year that predicted Tesla\'s share price could reach $2,000 by 2027 -- more than 10 times its current price.\nRoku(NASDAQ: ROKU)is the third largest holding for Ark Invest, making up 5.8% of its portfolio. It claims this high spot despite Wood selling thestreaming service stockin recent months.\nIs Wood backing off her enthusiasm about Roku? Probably not. Ark Invest\'s selling could have been motivated by a desire to take some profits off the table and/or rebalance its portfolio a bit.\nAside from Tesla, there\'s perhaps no AI stock that Wood is more bullish about these days thanUiPath(NYSE: PATH). The company is a leader in developing robotic process automation (RPA) software. It represents a little over 5.6% of Ark Invest\'s portfolio right now.\nArk Invest views UiPath as part of "AI\'s sleeper wave." The stock doesn\'t get as much attention from investors as the mega-cap "Magnificent Seven" stocks. However, Wood and her Ark Invest team think UiPath\'s RPA technology will make significant inroads with large enterprises across the world over the coming years.\nBlock(NYSE: SQ), formerly known as Square, is the top fintech stock that Wood owns. It makes up nearly 5.2% of Ark Invest\'s total portfolio.\nArk Invest has trimmed its position in Block somewhat since late 2023. Wood, though, continues to believe that the company can disrupt the banking industry over the long term.\nCRISPR Therapeutics(NASDAQ: CRSP)is the only biotech stock to make Wood\'s top seven. Nearly 3.9% of Ark Invest\'s portfolio is invested in the gene-editing pioneer.\nThanks to recent regulatory approvals for Casgevy in treating sickle-cell disease and transfusion-dependent beta-thalassemia, CRISPR Therapeutics now has its first product on the market. Wood no doubt also has great expectations for the company\'s gene-editing programs targeting other diseases, especially cancer.\nAn additional 3.7% or so of Ark Invest\'s money is invested inZoom Video Communications(NASDAQ: ZM). The stock skyrocketed during the COVID-19 pandemic lockdowns. Wood\'s timing wasn\'t great, however: She initiated a stake in Zoom in the fourth quarter of 2020 near its peak level. Since then, the stock has plunged.\nYou can\'t say that Wood is a fair-weather fan of Zoom, though. She bought additional shares of the video communications company in the fourth quarter of 2023.\nWhich of these top stocks owned by Cathie Wood are the best of the bunch? I\'d go with Block.\nIn a market dominated by stocks with sky-high valuations, Block looks attractively valued to me with its price-to-earnings-to-growth (PEG) ratio of 0.86. I think that the company\'s two core platforms -- Square and Cash App -- should have huge growth prospects.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nKeith Speightshas positions in Block. The Motley Fool has positions in and recommends Bitcoin, Block, CRISPR Therapeutics, Coinbase Global, Roku, Tesla, UiPath, and Zoom Video Communications. The Motley Fool has adisclosure policy.\nCathie Wood Has 37% of Her Ark Invest Portfolio Invested in These 7 Stockswas originally published by The Motley Fool', 'NatWest is among the biggest fallers in the FTSE 100 today ahead of its earnings release on Friday. It fell about 2% in morning trade in London as news broke that it is preparing to pay out about £350m ($436.43m) in staff bonuses, according toSky News.\nThe bank is predicted to report a pre-tax profit of £6bn for the year on Friday, with an income totalling £14.6bn, according to analysts\' consensus from November.\nThe report comes after market jitters in October when the bank lowered its forecast net interest margin (NIM) for the year, causing its share price to drop.\nDrugs maker AstraZeneca is flirting with two-year lows today, continuing a downward trajectory sparked last week by its earnings report.\nDeutcheBank called its third quarter "thoroughly underwhelming" as the company\'s core earnings climbed 5% to $1.45 per share, missing analysts\' expectations for $1.50 a share. Excluding the impact of exchange rates, earnings jumped 7%.\nStock was down about 1.8% this morning.\nAbout 15% of the S&P 500 is set to report earnings this week, Shopify among them on Tuesday.\nThe stock closed 3.2% higher on Friday and is about 1.5% higher in premarket today. The share price is also up nearly 150% for the year to today.\nWith a boom in online shopping, those backing Shopify already have cause to be positive about the next earnings release. Despite this, with a shaky economic backdrop and a higher rate of insolvencies among small businesses that use the platform, there could be some trouble ahead for investors.\nCrypto exchange Coinbase will also report quarterly earnings on Thursday this week – and it could be an interesting one as markets watch for knock-on effects of investment majors like BlackRock muscling in on spot Bitcoin ETFs earlier in the year.\nBitcoin\'s price jumped on Friday, lifting associated crypto stocks with it and leading to a more than 7% uplift for Coinbase.\nThe stock is only marginally higher in premarket on Monday.\nWatch: Apple \'needs to execute\' as patience thins in Mag 7: Analyst\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'With all the attention thatBitcoinhas gotten recently, primarily because of the long-awaited approval of spot exchange-traded funds, investors might have forgotten some under-the-radar digital assets.\nSolana(CRYPTO: SOL)is one of them. The innovative cryptocurrency has been a huge winner. In the last three years, its price has soared 1,390%, turning $1,000 into $14,910 right now. Theblockchainnetwork\'s market cap today is $42 billion, the fifth highest in the world.\nLet\'s take a look at Solana over the past few years before figuring out if this cryptocurrency makes for a smart investment today.\nLikeEthereum, Solana was built with functionality forsmart contracts, which immediately boosts its potential for utility. And Solana\'s transactions are processed with aproof-of-stakemechanism.\nBut what stands out is its proof-of-history technology. This reduces the amount of data needed on each block by changing how time is recorded, which leads to fast processing times. Solana can theoretically handle 50,000 transactions per second. That\'s in the neighborhood of credit card giantVisaand its throughput of 65,000.\nDespite what appear to be some innovative qualities in the crypto space, Solana is still exposed to the whims of the broader market. The token skyrocketed more than 11,000% in 2021 during the monster bull run, only to crash 94% the following year. Then, it rose 963% in 2023. This is the nature of crypto assets.\nIt\'s easy to get caught up in all the financial speculation happening in the crypto market, but what will ultimately matter is if these networks find ways to introduce valuable use cases that gain broad adoption. Solana is trying hard to achieve this.\nIn what I view as a unique strategic move, Solana developed andreleased a web3-based smartphonecalled the Saga that looks eerily similar to an iPhone. The goal is to have decentralized apps built in, as well as a crypto wallet, that makes it seamless to interact with the web3 world.\nAnother lower-cost phone is in the works. The so-called "Chapter 2" had 25,000 pre-orders within the first 24 hours after launch. That\'s better than zero, but it\'s not even remotely close to being considered mass-market appeal. I\'m not sure consumers will gravitate to this device en masse when the iPhone still reigns supreme.\nHowever, Solana\'s speed and low costs might make it a popular tool in the payment realm. Solana Pay is a direct merchant-to-consumer solution that allows for instant settlement, no fees, and the possibility to layer on cool features like non-fungible tokens. I think this is an area where thecrypto has legitimate potential, no matter how slim the chances of outsized success are.\nSolana has taken care of its investors over the past three years. But the digital asset is currently 63% below its peak price, which was set in November 2021, right before the crypto bubble burst. For the most bullish Solana supporters out there, this could be a fantastic time to buy the token.\nJust understand a couple of things before doing so. For starters, there will continue to be extreme levels of volatility. Don\'t be surprised if Solana experiences drawdowns of 50% multiple times.\nAnd maybe more importantly, what Solana ultimately ends up looking like 10 years from now is anyone\'s guess. In other words, there is so much uncertainty, as no one knows what will happen over the long term with cryptocurrencies.\nSo, you should only invest a dollar amount that you are comfortable losing.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Solana in 2021, This Is How Much You\'d Have Nowwas originally published by The Motley Fool', 'DUBAI, UAE,Feb. 12, 2024/CNW/ --Bybit, one of the world\'s top three global crypto exchanges by volume, is thrilled to announce the launch of the Bybit Card inAustralia, a groundbreaking step in digital finance.Powered by Mastercard, this card debitscryptobalances on Bybit and converts them seamlessly into cash. Furthermore, it comes with a suite of exclusive benefits, tailored to empower our Australian users in their financial transactions withcryptocurrency.\nNew users will receive a warm welcome. Bybit is providing a special$10 USDbonus to all users who successfully complete their application,$10USDfor the first deposit of at least $100AUD and$5USDafter the first transaction. Users will be required to pass Bybit\'s KYC process to be eligible.\nSince its launch inMarch 2023, the Bybit Card has reshaped thecrypto-financial landscape with its multi-asset spending feature that automatically converts five supportingcryptocurrencies(including BTC,ETH, and USDT) into fiat currency for card payments and ATM withdrawals. With rewards like up to 10% cashback on expenditures and an array of redemption options from trading bonuses to exclusive merchandise, the Bybit Card caters to a gamut of user preferences and its VIP tier offers enhanced benefits for elite customers.\n"The introduction of the Bybit Card inAustraliamarks a significant milestone in our journey towards integrating digital currency into everyday life," saidBen Zhou, co-founder and CEO. "We are committed to offering our users innovative solutions that combine the flexibility ofcryptocurrencywith the convenience of traditional finance."\nClick here to apply now:https://www.bybit.com/fiat/cards\n#Bybit / #TheCryptoArk\nAbout Bybit\nBybit is a top-threecryptocurrencyexchange by volume with 20 million users established in 2018. It offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One\'s reigning Constructors\' and Drivers\' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit\'s Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-brings-crypto-convenience-to-australia-with-new-mastercard-302059538.html\nSOURCE Bybit\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/February2024/12/c7099.html', 'In a major milestone, spot Bitcoin ETFs, within merely 20 days following their market debut, have accumulated $10 billion in assets under management (AUM), illustrating the strong investor enthusiasm for this new investment avenue.At the forefront of the surge areBlackRock\'s iShares Bitcoin TrustIBIT andFidelity\'s Wise Origin Bitcoin FundFBTC, with impressive AUM of $4 billion and $3.4 billion, respectively. These were followed byARK 21Shares Bitcoin ETFARKB, which crossed the $1 billion threshold as of Feb 10, andBitwise Bitcoin FundBITB, which has accumulated $693.4 million since its debut last month. Meanwhile, theGrayscale Bitcoin TrustGBTC has seen a deceleration in outflows, recording its minimal daily withdrawal on Feb 9 (read: Out of 11 New Bitcoin ETFs, Which Looks Best Fit for Investors?).This surge in ETF activity signals a growing trend of institutional investment in Bitcoin as the launch of spot ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. Caroline Bowler, CEO of BTC Markets Pty, noted on Bloomberg Television the "increasing movement of institutional money into the asset class.” Analysts are optimistic about further growth.Spot Bitcoin ETFs are considered to be a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a potential successor to gold as a secure asset, forecasting continued value growth driven by its increasing integration into the financial ecosystem. It argues that Bitcoin\'s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment.The anticipation of Bitcoin\'s upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a positive catalyst for Bitcoin\'s price. Moreover, the Lunar New Year holidays, currently celebrated in Asia, are contributing to a generally positive sentiment toward Bitcoin, according to Fundstrat Global Advisors.Bolstered by the unprecedented success of the ETFs, the cryptocurrency Bitcoin is on the brink of achieving its longest streak of daily gains in a year. The cryptocurrency is poised for the seventh straight daily gain that would mark the longest such streak since January 2023 if the advance holds as of Feb 12, as data compiled by Bloomberg (read: Bitcoin ETFs Make Historic Debut With $4.6B in Trading).Let’s delve into the abovementioned ETFs in detail:iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waiv Last 60 Days of Bitcoin's Closing Prices: [43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-12 Financial & Commodity Data: - Gold Closing Price: $2018.20 - Crude Oil Closing Price: $76.92 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $944,911,590,525 - Hash Rate: 671828708.9304657 - Transaction Count: 409911.0 - Unique Addresses: 649038.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Jan 12 (Reuters) - South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities and Exchange Commission's approval of such ETFs. "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act," the Financial Services Commission (FSC) said in a statement. Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade. South Korea's FSC added that it will continue to review the regulatory landscape around investment of spot bitcoin ETFs. (Reporting by Cynthia Kim; Editing by Christopher Cushing)... - Reddit Posts (Sample): [['u/SAMTAYLORBURDON', 'The exchange I buy through just asked me this...', 106, '2024-02-12 00:17', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', 'Hi all, I just received an email (2nd Feb actually) from the exchange I use to buy btc with. Essentially it\'s a demand for info on where I have been sending btc with the threat of account freeze if I do not squeal. So far I have reacted by sending everything I had remaining with them elsewhere...\nI can\'t help wondering the \'what next \' strategy, particularly if I would like to keep buying through this company. Should I tell them the addresses belong to me? Should I not reply and accept being frozen out of the exchange? Is this actually a phishing scam?\n\nHere is what they have said.....\n\n"Regulations in the UK require that we maintain up-to-date information about our clients and their account activity regarding self-custody wallets. A self-custody wallet is one where you manage your private keys yourself, for example a hardware wallet.\n\nPlease reply to this email and answer the following questions:\n\nPlease confirm that you own or are in control of the self-custodial wallets that you are sending and receiving from.\n\nIf you do not own or control the self-custodial wallets that you are sending and receiving from, please detail which addresses these are, who the owner or controller is, and provide their residential address.\nAfter your reply, our support team will make sure to clarify any questions you have and ensure the process runs smoothly\n\nIf we do not receive a response by February 23, 2024, we will have to place a lock on your account until we obtain the information we requested."', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', '1aolkp7', [['u/Amber_Sam', 126, '2024-02-12 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06ex6/', "Name and shame. \n\n\nI believe it's Kraken, at least I've seen something similar on Nostr from Kraken recently.", '1aolkp7'], ['u/SAMTAYLORBURDON', 65, '2024-02-12 00:23', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06q9n/', 'Yeahhh it is.\nThey seem to run a great service, but this has thrown me.', '1aolkp7'], ['u/MorninggDew', 21, '2024-02-12 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0a42d/', 'I would tell them to fuck off and find another exchange personally.', '1aolkp7'], ['u/btceacc', 73, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bagq/', "Isn't this due to all the new draconian rules the UK have introduced where they need to know everyone's crypto addresses?", '1aolkp7'], ['u/r_a_d_', 18, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bcju/', 'I don’t get it though, it says it’s to comply with UK regulation. So you’re mad with Kraken for complying with the law?', '1aolkp7'], ['u/CaptainPugwash75', 18, '2024-02-12 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cb07/', 'Are you certain this email is genuine?', '1aolkp7'], ['u/420osrs', 30, '2024-02-12 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cpfi/', 'Hi,\n\n\n\nThis is my personal wallet and you have my contact information as I completed KYC on xx date. \n\n\nThe address you are requesting is yy which I provided to you already during the above process. \n\n\nIf you have any additional questions please reach out.\n\n\n\nThanks for your time,\n\nName', '1aolkp7'], ['u/Amber_Sam', 24, '2024-02-12 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d0o1/', 'Explore the p2p options before giving them your privacy. Bisq, robosats, peachbitcoin and vexl are a good start.', '1aolkp7'], ['u/OverallFloor3081', 131, '2024-02-12 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d99f/', 'Transfer to another wallet', '1aolkp7'], ['u/XBThodler', 12, '2024-02-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g2bl/', 'Move funds first, close account after 😆', '1aolkp7'], ['u/Deez1putz', 13, '2024-02-12 01:28', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g7q5/', 'Pretty sure it’s the law in the UK and any non-dodgy exchange is going to do the same.', '1aolkp7'], ['u/IHeartWordplay', 45, '2024-02-12 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0i8uv/', 'They are not asking for the addresses that you send TO and receive FROM. They are confirming that you control the addresses that you send from and receive to. That is, they want to Know Their Customer, and they’re confirming you are their customer.. and that you didn’t open these accounts on behalf of some third party. It’s government anti-money laundering stuff, I believe.', '1aolkp7'], ['u/DeathMoJo', 13, '2024-02-12 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0jrwe/', 'Kraken is the best exchange I have used hands down. All about security, staying in compliance and has competitive fees. They were up front when they had the scrap their earn program in the US.', '1aolkp7'], ['u/DrBreakenspein', 15, '2024-02-12 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0mgjp/', 'Companies involved in financial transactions need to comply with anti money laundering laws, which means they have to ensure the source of or recipient of funds isn\'t a prohibited entity. This is fairly routine if they can\'t determine this on their own and opens them up to liability if they dont determine it. You can\'t avoid this just because it\'s "bitcoin"', '1aolkp7'], ['u/ROBINHOODEATADIK2', 19, '2024-02-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0okpl/', 'Don’t think it’s so much being mad at the exchange, they have to comply if they want to continue doing business there , but it’s more like if that’s how it has to be then it’s time to find alternative places to trade', '1aolkp7'], ['u/und3adb33f', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0sw98/', 'Explain to them that you are sending funds to your little old auntie in Pakistan who just wants to nuke the fuck out of New Delhi.', '1aolkp7'], ['u/the-quibbler', 17, '2024-02-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0twjx/', 'Very possibly your options other than complying will eventually boil down to expatriation or illegal activity', '1aolkp7'], ['u/Wsemenske', 12, '2024-02-12 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1dctx/', 'Yeah the animosity is directed at the wrong direction. Blame the UK for their shit regulations\xa0', '1aolkp7'], ['u/Latter_Box9967', 14, '2024-02-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1qaxi/', 'Yeah, just say it’s your online drug dealer’s address, and you don’t have any more info. \n\n…and then tell us what happened.', '1aolkp7'], ['u/BtcKing1111', 10, '2024-02-12 07:57', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1wkvh/', "Kraken doesn't allow transfer-in-from and transfer-out-to wallets that do not belong to you.\n\nThey require you first transfer to a wallet controlled by you, before sending to Kraken.\n\nOr that crypto flowing to you first goes through your wallet, before going to Kraken.\n\nThey want to maintain one layer of probable deniability in-case there is money laundering, they can blame it on a user wallet, instead of funds sent directly to them.", '1aolkp7'], ['u/bastroptexas', 29, '2024-02-12 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1xoqr/', 'They have to comply to lock the boot, you don’t. Move and don’t look back', '1aolkp7']]], ['u/Earlyretirement55', 'BOWL WTF happened with IV crush after earnings ??!!', 17, '2024-02-12 00:44', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '355p before ER wrote 17.5 calls exp next week, day after earnings IV did not budge, and theta can’t cope, my OTM contracts are bleeding everyday despite being a good 20% OTM, my broker did not like my exposure so 50% of my 700 contracts were sold BTC by risk mitigation at Schwab. Wrote for a paltry $0.10 risk mitigation is buying to close at 0.25 to 0.30 so far my $6k premium has turned into a $6k loss, still have exposure with 300 contracts expiration Feb 16. \n\nWhy there was no IV crush after earnings for BOWL?', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '1aom5lb', [['u/Elegant-Hunt-1532', 22, '2024-02-12 00:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0ai7m/', 'Low volume prolly', '1aom5lb'], ['u/justamemeguy', 20, '2024-02-12 02:43', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0rt1n/', 'It had a 18% move which is presumably way above the implied move. The bid ask spread is priced correctly. Your broker closed your trade because you had concentration risk. You do not understand how to price your risk because those calls are worth what the broker closed them for so they were not unfair to you in any way. You should not have sold several hundred of these.', '1aom5lb'], ['u/Staticks', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0svrx/', 'You sold the calls naked?', '1aom5lb'], ['u/TimeWeb', 17, '2024-02-12 03:26', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0yjy7/', 'Talk about full regard mode. You sold 700 naked calls for $0.10 each? These things are probably pinned to 5 cent increments, so not a whole lot of meat on the bone if selling at 10 cents.', '1aom5lb']]], ['u/JazyZazy', 'They’re closing my Coinbase account', 15, '2024-02-12 00:48', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/', 'Pieces of shit are closing my Coinbase account. Never mind that I’m fighting with them to get 30k of my Crypto back but now I can’t pay for my PD ads. \n\nWhat other app can I use to send Bitcoin and pay for my ads? I do not want to use Cashapp because that’s my main source for deposits and I don’t want them to also close that account. I’m indefinitely suspended on Venmo/ PayPal so I can’t use that either. (I’m on a roll, right?)\n\nThis is also a warning I suppose. On their passes tab, PD recommends using Cashapp or Coinbase and I’m here to say Coinbase is regulated/ reports to the IRS and not anonymous (where I went wrong) so the same thing could happen to you. I have only ever paid for my ads using them so that’s probably why they’re closing my account.\n\nBut I really need another platform to send Bitcoin to buy my ads.', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/', '1aom8eq', [['u/etherealchic', 12, '2024-02-12 01:49', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/kq0jn0l/', 'I buy my crypto with Gemini and then move all my crypto to a hard wallet. I use Ledger. It’s annoying to use sometimes but i know my crypto is safe off of these exchanges.', '1aom8eq'], ['u/delilahodell', 11, '2024-02-12 03:04', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/kq0v65e/', 'This is why you always send crypto to another wallet before you pay for your ads...', '1aom8eq']]], ['u/Reasonable_Sign_8715', 'Thoughts on Halving Event', 18, '2024-02-12 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/', 'The upcoming Bitcoin halving, set for next month, is expected to cause a significant supply shock. Profitability for individual miners is already minimal without access to pretty much free power. This reduction in new supply, combined with increasing mining difficulty, suggests now is the time to accumulate Bitcoin before the halving drives up demand and prices. What are everyone eleses thoughts on this?', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/', '1aon6mk', [['u/ShittyBitcoinArt', 23, '2024-02-12 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq0iqbc/', 'I stack sats now. I’ll stack sats then. The next one will be more exciting as it’s the first halving that has had spot bitcoin ETFs the entire epoch.', '1aon6mk'], ['u/SydZzZ', 13, '2024-02-12 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq0lm8o/', 'One thing to be mindful of is that miners may start selling more daily bitcoins to cover costs etc. They can sell up to 900 a day now but they don’t always do that. I was reading today that miners have been selling only 300 a day. Even if they continue with that trajectory of 300 a day or increase to max or 450 a day post halvening, the supply shock in short term will not be significant. \n\nHowever supply shock long term will be there. I think it takes like a year for market to adjust and hence we always see bull markets starting 12-18 months after halvening. Just my theory.', '1aon6mk'], ['u/na3than', 12, '2024-02-12 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq1mo9x/', 'Would you stack them on a train? Would you stack them in the rain?', '1aon6mk'], ['u/Flexo82', 10, '2024-02-12 07:36', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq1uo5f/', 'Would you say stack in vain even if your wife complain and tells you, you are insane', '1aon6mk']]], ['u/TerpFarms', 'Monero isn’t going away, ever. But what of its fiat / BTC value?', 20, '2024-02-12 01:50', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/', 'It has intrinsic value and for as long as crypto is a thing, so too will XMR. \n\nBut what do you make of its future value in terms of $ and BTC? Are we going to trend towards zero or hover at these shit prices indefinitely, whilst only being used as a currency? A tiny resistance movement against authoritarianism, never breaking it back to the top of the crypto rankings?\n\nALSO\n\nHow would someone in the US purchase XMR now? Can it be bought on a CEX anywhere in the US? If somebody wanted to buy $1,000,000 XMR, in the US, how would they do it?\n\n*********\n\nOne thing I am happy about, is that although price was fucked by Binance announcement - it wasn’t REALLY fucked. If ADA was being delisted from all major exchanges, that shit would fall by 90+%. We have to some extent held our ground. \n\nFor now.', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/', '1aonh91', [['u/snowmanyi', 11, '2024-02-12 03:15', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/kq0wv0w/', 'I think as bitcoin becomes a major player and decentralized tech expands Monero will be "rediscovered." I could see it as a 100 billion dollar asset or a 50x from here.', '1aonh91'], ['u/nbom', 11, '2024-02-12 08:09', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/kq1xnwz/', 'Kraken is US based.\n\nI am more concerned by inteligence of dnm users. Yesterday I read some dnm forum and ppl rly dont know how to buy/use XMR. Plus basic opsec. And all this in era of 6" smartphones and 5G internet.', '1aonh91']]], ['u/SquigglyGlibbins', 'Did anyone else get great returns for a bankruptcy?', 17, '2024-02-12 01:53', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/', 'I have \\~80.5% of the cash value I had invested. It was in stablecoins and is now BTC/ETH. ', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/', '1aonjb6', [['u/bigstreet123', 32, '2024-02-12 01:59', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0l5q7/', 'Yea we all did man. We could have just as easily gotten Absolutley nothing. I’m pumped I got anything back tbh', '1aonjb6'], ['u/noahsarc21', 23, '2024-02-12 02:18', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0o3pg/', 'Can I just get mine and then we can talk', '1aonjb6'], ['u/drdrew450', 50, '2024-02-12 02:21', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0ojiv/', 'Stablecoins got the best deal.', '1aonjb6'], ['u/Quantic7', 10, '2024-02-12 04:45', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq1a3qp/', 'The lawyers got the best returns...', '1aonjb6'], ['u/TrueCryptoInvestor', 11, '2024-02-12 04:55', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq1bpeg/', 'That’s the right attitude I share as well.', '1aonjb6']]], ['u/Individual-Creme-717', 'SBTalent Camp Audition Tips......................', 23, '2024-02-12 04:07', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/', 'Hellooo so I\'m a former trainee from SBTC and I\'m going to give out three things you need to ready for your audition \n\nFor the online/first audition one make sure to really follow the instructions that is given to them because if you didn\'t follow it and yes, you did show your best sa video mo ididiregard nila yun because you didn\'t follow the instructions. \n\nIf ur asking if mapili ba sila sa visuals? My answer to that is no hindi sila picky when it comes to visuals gusto talaga nila makita yung skills. In my case when I was in the final/live auditions they test my capabilities when it comes to singing hahaha pinakanta nila ako ng ibat ibang way and ichecheck din vocal range. Sa dancing naman I think okay lang di mashado magaling Kase na train naman sha basta want nila marunong ka atleast basic stuff.\n\nLive auditions what you need to prepare:\n1.) Ballad song 2mins\n2.) Upbeat song 2mins\n3.) Dance \t2mins\n4.) Interview ( possible questions may contain v. serious question like "Are you ready to stop studying and why?)\n\nLeave some questions abt SBTC auditions for aspiring trainees I\'m willing to help!', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/', '1aoq175', [['u/Momshie_mo', 12, '2024-02-12 05:57', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/kq1k2hy/', 'Glad to hear that SBTalent prioritizes skills over looks', '1aoq175']]], ['u/Unusual_Quote_8451', 'BEWARE OF THIS SCAM', 10, '2024-02-12 04:29', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/', "I'm so emotional typing this, but I need to type this because I don't want anyone to be as stupid as I was. There are a couple of users on here, who go to forums such as this one, where they target people, such as myself, who are broke and need extra assistance and send an invite to the discord server shown below. The promise is that if you buy bitcoin, for as low as even 25 pounds, you can earn up to 150 pounds in profit by selling it to them, because, quote, 'they're in a country where buying it isn't necessarily rampant or legal'. It's very well set up, they have verified sources, screenshots and people tht 'vouch' for them. It's all a lie. In the midst of the transaction, even despite having a 'bot' that acted as a middle man to avoid scams, they eventually block you and IP ban you, after they have confirmed you have sent the bitcoin. I had no money, and a user here sent me some money, which I'm ashamed to say I used for this, to make it bigger to better help with upkeep. Please don't ignore this, and stay safe.", 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/', '1aoqebq', [['u/uppercasemad', 23, '2024-02-12 04:33', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/kq18dxe/', 'We have lots of guides on how to avoid being scammed on our subreddit. We also have a stickied announcement right now in regards to one of the prevalent schemes. \n\nIf it sounds too good to be true, it is.', '1aoqebq'], ['u/uppercasemad', 11, '2024-02-12 04:38', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/kq195ti/', 'Upload them to http://imgur.com and send to modmail. (Link in menu). We need the Reddit conversation showing their username, not the discord stuff. Be sure to send via mod mail and not to me personally or as a reply here.', '1aoqebq']]], ['u/AutoModerator', '[Daily Discussion] - Monday, February 12, 2024', 42, '2024-02-12 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/', "Thread topics include, but are not limited to:*\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/', '1aos18b', [['u/kb1985', 13, '2024-02-12 06:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1mci0/', 'Gemini 1.2 billion sales confirmation moved from 14th to 26th Feb.', '1aos18b'], ['u/_TROLL', 32, '2024-02-12 06:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1n89r/', "It's really amazing how these exchanges that can print money by simply collecting % fees on each buy/sell/trade still manage to fuck up and go bankrupt. Repeatedly.\n\nThey ultimately have the same model as your average dark market. Collect a percentage off every transaction. And yet most dark markets are run more competently.", '1aos18b'], ['u/ChadRun04', 15, '2024-02-12 06:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1pgxv/', "Literal money printing machines. Fucked up over and over again.\n\nThat's why I like Bitfinex. Demonstrated competency, even in the face of complete and total ruin they can claw their way back. All without a personality posting on Twitter.", '1aos18b'], ['u/_TROLL', 12, '2024-02-12 06:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1px91/', '> All without a personality posting on Twitter\n\nAll they have is Bitfinexed. 🤣 🤮', '1aos18b'], ['u/_TROLL', 16, '2024-02-12 07:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1tb7o/', 'Number temporarily go down shortly after Feb 26^th\n\nCould you dumb that down a shade?\n\nMarch Bad, April Halving, May Moon', '1aos18b'], ['u/mx_js_reddit', 23, '2024-02-12 07:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1togn/', 'Greed is one helluva drug', '1aos18b'], ['u/bittabet', 15, '2024-02-12 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1v475/', 'That’s just two days of ETF inflows, why would it crater 😂', '1aos18b'], ['u/SomeIdeasTooTalk', 13, '2024-02-12 08:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xiyv/', 'Simple Tomato Source\n\nHeat 2 tbsp olive oil, sauté 2 minced garlic cloves and 1 chopped onion until soft. Add 1 can crushed tomatoes, 1 tsp salt, ½ tsp pepper, ½ tsp oregano. Simmer covered for 20-30 mins. Blend if desired. Serve with pasta.', '1aos18b'], ['u/kb1985', 12, '2024-02-12 08:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xkp5/', 'Well, GBTC outflows of 2 billion was also a sure event and the price did not crater until they actually started dumping in late January.', '1aos18b'], ['u/kb1985', 20, '2024-02-12 08:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xsxi/', 'FTX bankrupted and was forced to sell 2 billion worth of GBTC. This happened in second part of January and resulted in a drop. Gemini got 1.2 billion worth of GBTC from Genesis and is forced to sell them. People initially thought this will happen slightly after 14th Feb when they were supposed to confirm the details to the judge but now this event was moved to 26th Feb.', '1aos18b'], ['u/kb1985', 10, '2024-02-12 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq202ke/', 'Gemini Earn official website, updates section, update from 9th Feb.', '1aos18b'], ['u/skarbowkajestsuper', 11, '2024-02-12 10:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq286yy/', "Curious to see if the weekend fomo theory plays out and we're gonna see a bump after market opens.", '1aos18b'], ['u/Mountainman7556', 24, '2024-02-12 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2ermj/', 'Not to be a killjoy for all the bullish sentiment right now but a retrace and establishing a new strong support would make sense here before the next leg up over 50K.', '1aos18b'], ['u/Itchy-Rub7370', 10, '2024-02-12 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2gxuk/', 'Sure. But who cares of next few hours? We are here for the long run, aren’t we?!', '1aos18b'], ['u/Mountainman7556', 11, '2024-02-12 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2htfm/', 'Absolutely my bro. I got everything I own short of my kidney banking on 100K+ this year. I only mention it because it is a trading sub last time I checked and I allocate 20% of my stack to trading which I dumped at 48.4 yesterday expecting a retrace after the last few days of green.', '1aos18b'], ['u/Cadenca', 17, '2024-02-12 13:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2lvaa/', "You know, it feels pretty cucked to have NVDA do what it does day in day out and meanwhile we have to stress about a pullback after a 10% move so we don't get too hot. One day we will be kings again..", '1aos18b'], ['u/Autvin', 30, '2024-02-12 13:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2nx8n/', 'To mock shroomsnbear.', '1aos18b'], ['u/John_Crypto_Rambo', 15, '2024-02-12 14:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2wzox/', 'I’m more worried about the opposite, everyone front running everything and the cycle ending even earlier than last time.', '1aos18b'], ['u/gozunker', 14, '2024-02-12 15:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq30s16/', 'If by “crab all 2024”, you mean go up 10% every six weeks” like we have from January 1 until now (2024 YTD), then we get to approximately $100k by end of year.\n\nIn that case, yes, I hope we do “crab” for the rest of the year.', '1aos18b'], ['u/skarbowkajestsuper', 11, '2024-02-12 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq32rky/', "What's your guess on the ETF inflows today? Too bad the superbowl commercials did not work out.", '1aos18b'], ['u/Outrageous-Net-7164', 12, '2024-02-12 15:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq33k2l/', 'I really don’t see that at all.\n\nI see a front run bull run that peaks earlier than normal and catches everyone out. \n\nNo way this doesn’t hit ATH’s within 6 months', '1aos18b'], ['u/bubblesmcnutty', 20, '2024-02-12 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35m3a/', 'It’s gonna be one of those days isn’t it?', '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 10, '2024-02-12 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35ti6/', "It's all for the best - the Superbowl commercials come next year, right in the thick of the post halvening bull run", '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 10, '2024-02-12 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35z31/', 'One of the ten days of 2024\n\n\nAt least, _so far_.', '1aos18b'], ['u/gozunker', 13, '2024-02-12 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq362p7/', 'I’m fine with them missing this year. It’s a peak bull market sign for me, which I’m hoping happens next year not this year so my 4-year-cycle modeling doesn’t break. Also, if the post-commercial bump is say 10%, I’d rather have it happen at $80k than $48k. Gives me more time to stack, with a bigger $ bump when the normies jump in.', '1aos18b'], ['u/poremdevemos', 10, '2024-02-12 16:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq37wag/', 'Flying crab day?', '1aos18b'], ['u/bubblesmcnutty', 15, '2024-02-12 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38adn/', 'PSA: We are in a bull market. Don’t overthink it.', '1aos18b'], ['u/imma_reposter', 12, '2024-02-12 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38bkl/', 'This is gentlemen today?', '1aos18b'], ['u/delgrey', 15, '2024-02-12 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38g0j/', 'I guess those ETFs still buyin huh?', '1aos18b'], ['u/itsthesecans', 17, '2024-02-12 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38r5l/', "That's a new cycle high ladies and degenerates.", '1aos18b'], ['u/dopeboyrico', 16, '2024-02-12 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38vh6/', 'YTD high of $48.9k broken.\n\nIt’s been less than an hour since TradFi opened. First single day $10k God candle incoming? We’ll see. Need to close today above $58.2k for that to happen.', '1aos18b'], ['u/RetardIdiotTrader', 12, '2024-02-12 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38vpg/', 'If we break $49k for good that would be very bullish. Fingers crossed for no double top rejection.', '1aos18b'], ['u/dopeboyrico', 13, '2024-02-12 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38ynp/', 'Just hit a new YTD high less than an hour into stock market open. Bring your monocle.', '1aos18b'], ['u/GodBlessPigs', 17, '2024-02-12 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39fwu/', 'I’m not celebrating too much until we clear 50k. That will feel big after the last two years.', '1aos18b'], ['u/itsthesecans', 22, '2024-02-12 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39izp/', "I'm still not selling", '1aos18b'], ['u/noeeel', 13, '2024-02-12 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39kub/', 'Okay I was wrong about the dip under 47k. \n\nAnyways would be nice if we just hit 50k today. Only 900USD left to go.', '1aos18b'], ['u/zephyrmox', 19, '2024-02-12 16:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39we4/', "it's almost like you can't price in demand.", '1aos18b'], ['u/gozunker', 12, '2024-02-12 16:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3a3jk/', 'Ahhh that dopeboy hype in the morning … [deep inhale] …', '1aos18b'], ['u/stoiebrodie', 14, '2024-02-12 16:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ae5p/', 'Switched to buying daily mid-2020 and still get FOMO with PA like this. It has helped fend off the raging FOMO, but it still rears its head haha.', '1aos18b'], ['u/MadeThisJustForLWIAY', 16, '2024-02-12 16:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3be4l/', "I honestly didn't think we'd get a rally past 48k til after the summer. Maybe the 100k'ers are right... Is this what it feels like to win?", '1aos18b'], ['u/noeeel', 10, '2024-02-12 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3cfjx/', 'If 50k, It think 51k is just a question of minutes.', '1aos18b'], ['u/lZqos0WGcUaibNaVIAOO', 11, '2024-02-12 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ch88/', 'It would seem the corn has found its footing, Cramer', '1aos18b'], ['u/zephyrmox', 10, '2024-02-12 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ck3z/', "think tapping 50k is likely. not confident it's going to hold up though.", '1aos18b'], ['u/John_Crypto_Rambo', 18, '2024-02-12 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3cnva/', 'Dopeboy’s assertion of new ATH before halving seemed crazy at first, but now seems more likely every day. 😳', '1aos18b'], ['u/dopeboyrico', 21, '2024-02-12 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3d32n/', 'If you like new ATH before the halving you’re going to love the idea of diminishing returns getting broken.', '1aos18b'], ['u/_supert_', 18, '2024-02-12 16:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3dg88/', 'I was crazy before it was cool. 😎', '1aos18b'], ['u/delgrey', 10, '2024-02-12 16:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3djx7/', 'What but Pomp just said on CNBC that Bitcoin will have diminished returns! \n\nWhy would he lie sir!', '1aos18b'], ['u/AccidentalArbitrage', 15, '2024-02-12 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3e310/', 'Someone has been posting them in here since $39k...', '1aos18b'], ['u/jpdoctor', 12, '2024-02-12 16:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ebie/', '>Once you see the "and the crowd chants..." comments, that means the pump is over lol\n\n3+% is a pump?\n\nMy my, how attitudes have changed.', '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 21, '2024-02-12 16:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3elva/', "Tradfi is seeing the ETF at, what, $25 to $50 a share? They're not even thinking about the price of one whole coin, they're thinking they can buy 100 shares of the ETF for $2500 to $5000.", '1aos18b'], ['u/guiseppi72', 17, '2024-02-12 16:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3em0t/', 'The 50-60k could be similar to the 30-40k run up where we had a micro pump to breach 30 and spent very little time getting to 40. Now, just waiting for the “this is the last time you’ll see below 50k comments.”', '1aos18b'], ['u/WYLFriesWthat', 19, '2024-02-12 16:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ese4/', 'Today is rekindling feelings of bull markets past. That constant whiplash and a mix of excitement and terror…', '1aos18b'], ['u/srpoke', 11, '2024-02-12 16:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fig0/', 'Futures already hit 50k', '1aos18b'], ['u/Taviiiiii', 15, '2024-02-12 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ftus/', '50k is a magnet 🧲', '1aos18b'], ['u/xtal_00', 34, '2024-02-12 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fw9o/', "Opening some Costco-sourced bubbly at 50k. Decadent, but frugal. \n\nIt's been a long road back.", '1aos18b'], ['u/noeeel', 13, '2024-02-12 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fzg6/', 'Countdown to 50k now.', '1aos18b'], ['u/BootyPoppinPanda', 21, '2024-02-12 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3g7vc/', "Our suspicions that a tsunami of money being held hostage finally being let free into Bitcoinland will raise prices might actually end up being true...\n\nWho would've thought 🤔", '1aos18b'], ['u/Whole-Emergency9251', 16, '2024-02-12 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3g8p0/', 'Nice chunky buying this morning… ETFs are starting to get a little FOMO fever.', '1aos18b'], ['u/WaldoInWalden', 27, '2024-02-12 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gbsj/', '$IBIT volume ripping again today, far outpacing $GBTC.', '1aos18b'], ['u/BootyPoppinPanda', 17, '2024-02-12 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gum5/', "The last bear market, albeit slightly less deep, was still a total and utter disaster with so much drama and fraud. It hasn't been easy. \n\nOnly die-hard holders and believers rode the wall of worry from early 2023", '1aos18b'], ['u/yojop', 10, '2024-02-12 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gvi3/', 'good morning everyone\nso close to 50k....', '1aos18b'], ['u/xtal_00', 29, '2024-02-12 17:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3h03x/', 'Moments like this I always through some cash into the rally for good luck.\n\nI encourage others to do same.', '1aos18b'], ['u/Charming_Rub_5275', 10, '2024-02-12 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3h8y4/', 'I used to do this but don’t any more. My highest buy price was 59,9xx as I remember trying to help the corn hit 60k for the first time lol', '1aos18b'], ['u/xtal_00', 15, '2024-02-12 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hf6u/', 'Kick some pennies in the fountain, you cheap bastard. :)', '1aos18b'], ['u/52576078', 19, '2024-02-12 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hifx/', 'You think was easy? Where have you been the past 3 years?', '1aos18b'], ['u/Carnotaur3', 13, '2024-02-12 17:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hrcm/', '50k gentlemen', '1aos18b'], ['u/bittabet', 13, '2024-02-12 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3igzx/', "Yeah, chipped in $300 using Strike for the first time yesterday even though it really doesn't meaningfully change my stack. I think it probably is the cheapest for a quick immediate buy, but the spread was wider than I've seen reported-ended up paying \\~1% but avoided having to wire $300 and wait for it to post at a real exchange which let me get in at around $48100 (though it was effectively like 48600 with the fees).\n\nI can't wait for fees to come down now that the ETFs are out, probably the biggest benefit is just not having to pay massive fees to move in and out.", '1aos18b'], ['u/WaldoInWalden', 15, '2024-02-12 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ijt6/', "Proud to say a bought a chunk at $64,800. I buy tops and bottoms, I don't discriminate.", '1aos18b'], ['u/BootyPoppinPanda', 17, '2024-02-12 17:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3il5m/', 'If we do continue to rip higher from here and leave the 40s behind, that post-ETF shakeout to 38k will go down as one of the nastiest little bear traps. Lots of people took the bait 🪤', '1aos18b'], ['u/bittabet', 27, '2024-02-12 17:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3j4ez/', "The permabears that are still obsessing about MtGox coins or GBTC sales or whatever nonsense still don't get that there's just going to be a NONSTOP inflow of walls of cash into IBTC and FBTC. A forever DCA of cash from folks who control the real wealth out there. Just delicious to see.", '1aos18b'], ['u/DaBrokenMeta', 12, '2024-02-12 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kc9z/', 'My parents, cousins and grandparents and I had a great weekend (:', '1aos18b'], ['u/spinbarkit', 13, '2024-02-12 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kekv/', 'just posting I was here @ $50k breakout', '1aos18b'], ['u/Flopdo', 15, '2024-02-12 17:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kfrm/', 'Alright, so apparently a lot of limit sells at exactly 50k. ;)', '1aos18b'], ['u/KlearCat', 11, '2024-02-12 17:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kn38/', 'What? Bull runs in bitcoin are this easy.', '1aos18b'], ['u/Flopdo', 17, '2024-02-12 17:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kzcj/', "Tried to tell these mofos... stop trying to justify past technicals. America doesn't have pensions anymore. The market keeps going up because people don't have funds putting most of their money in low yield bonds. There's going to be a lot of portfolios w/ 10% in crypto (Ark recommending 16%)... so how the hell you think this is going to ever go back down.\n\nJust common sense unless there's some major economic meltdown.", '1aos18b'], ['u/srpoke', 37, '2024-02-12 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3lj8s/', 'Last time it was 50k was 12/28/2021.', '1aos18b'], ['u/BitSecret', 11, '2024-02-12 17:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3lpmg/', '$60k before next week is on the table', '1aos18b'], ['u/jpdoctor', 11, '2024-02-12 17:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3m55h/', 'Let that be a lesson to us all.', '1aos18b'], ['u/make_n_bake', 10, '2024-02-12 17:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3mh5a/', 'Anyone see this [chart](https://i.imgur.com/mRUESUz.jpeg) yet?', '1aos18b'], ['u/nickelforapickle', 18, '2024-02-12 17:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3p3b1/', 'Is it really the bears? Or was 50k on the. Just a perfectly logical psychological selling point for many?', '1aos18b'], ['u/imissusenet', 10, '2024-02-12 17:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3pujd/', 'I bought some at $67.3K in Nov 2021.', '1aos18b'], ['u/snek-jazz', 18, '2024-02-12 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3pzxp/', 'you sure can', '1aos18b'], ['u/garycomehomee', 29, '2024-02-12 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3u21c/', 'I bet on bittybot a month ago that the price would hit 50k today. I will feel like a genius if it hits on the exact day I bet lol', '1aos18b'], ['u/Taviiiiii', 21, '2024-02-12 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3u446/', 'Mr Nakamoto, tear down this wall!', '1aos18b'], ['u/dopeboyrico', 10, '2024-02-12 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ucbk/', '$50k broken.\n\nMore than half of the day is still remaining for TradFi trading hours. First single day $10k God candle incoming? We’ll see. Need to close today above $58.2k for that to happen.', '1aos18b'], ['u/Whole-Emergency9251', 13, '2024-02-12 18:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3uqaw/', 'BTC moves logarithmically so $58K and ATH is not far off. ATH before halving is VERY probable.', '1aos18b'], ['u/xtal_00', 36, '2024-02-12 18:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3uyq0/', 'Cheers, Gentlemen.\n\nLong road back.\n\nSit back and hang on. This is going to be a hell of a ride.', '1aos18b'], ['u/yojop', 23, '2024-02-12 18:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3v4pv/', 'First time 50K since 2021!', '1aos18b'], ['u/TheGarbageStore', 10, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vubg/', "Smells like retail euphoria in here right now tbh\n\nI'm not countertrading it though", '1aos18b'], ['u/RetardIdiotTrader', 15, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vvab/', 'Jesus christ it could not have been that long', '1aos18b'], ['u/NLNico', 23, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vvr8/', "Today [IBIT #13](https://www.barchart.com/etfs-funds/volume-leaders/price-leaders?orderBy=priceVolume&orderDir=desc) in price vol of all US ETFs. FBTC, GBTC, BITO also in top 40. They also have a small premium in price today.. even GBTC lol.\n\nTomorrow's numbers will be interesting.", '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 12, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vx2g/', "We're not retail, we're regarded", '1aos18b'], ['u/HBAR_10_DOLLARS', 10, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vyyl/', 'I WAS HERE', '1aos18b'], ['u/keygen4ever', 12, '2024-02-12 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wf26/', 'Very nice! Gentlemen', '1aos18b'], ['u/snek-jazz', 14, '2024-02-12 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wg0l/', 'I think /u/noeeel just happened!', '1aos18b'], ['u/shabalabadingdang', 30, '2024-02-12 18:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wmlg/', 'Powdered flavoring for my Ramen tonight!', '1aos18b'], ['u/Hannibaalism', 10, '2024-02-12 18:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3x6ra/', 'who am i to thank for todays daily success? is it the faltering chinese? the ETFs? did sailor make a big boi purchase?', '1aos18b'], ['u/garycomehomee', 16, '2024-02-12 18:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3xfjg/', 'I made a wish upon a dragon scale', '1aos18b'], ['u/52576078', 17, '2024-02-12 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3xq85... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["By Anna Tong and Krystal Hu\n(Reuters) - Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley's renewed interest in cryptocurrency markets.\nFrom late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.\nThe previously unreported move by the prominent Silicon Valley venture capital firm underscores some institutional investors' return to token investments, once the hottest investment strategy before the crypto market crashed in 2022.\nThe outsized bet marks a comeback for crypto markets, which suffered in 2022 after the collapse of crypto exchange FTX and other big players crushed prices, tarnished the industry and prompted a regulatory crackdown.\nIn 2022, the price of bitcoin crashed to nearly $15,000, its lowest price since 2020.\nBitcoin and ether prices have gradually climbed over the past year, with bitcoin hitting $50,000 for first time in more than two years this week, but still below its peak of $69,000 in November 2021.\nAs one of the earliest institutional investors in crypto, Founders Fund began aggressively buying bitcoin in 2014, but then liquidated it before the crypto market crashed in 2022, making about $1.8 billion in returns.\nLast summer, Founder's Fund started to acquire bitcoin when it was below $30,000, and purchased more bitcoin and ether over a few months, sources added. Reuters wasn't able to learn the average price of those purchases.\nA spokesperson for the fund declined to comment.\nThiel, a co-founder of PayPal and Palantir, has publicly praised bitcoin, a currency based on blockchain technology that exists outside the purview of central banks, saying it is a store of value like gold and a hedge against central banks' monetary policy.\nThe cryptocurrency affinity aligns with the billionaire's interests in libertarianism, small government and technology innovation.\nFounders Fund, known for its early bets in companies such as SpaceX and Meta, now has over $12 billion in assets under management. It hired Joey Krug as partner in April 2023 to focus on crypto investing.\n(Reporting by Anna Tong in San Francisco and Krystal Hu in Toronto; editing by Kenneth Li and Sonali Paul)", 'By Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook and determine the timing of interest rate cuts.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $50,0097 in Asian hours.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was 0.15% higher in early trading. The index is down 3% so far in the year.\nJapan\'s Nikkei on the other hand has carried on from last year and is up 12% for the year. On Tuesday, the index rose 1.7% to hit a fresh 34-year high on the back of a weak yen which is nearing the closely-watched 150 per dollar level.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in Asia subdued and taking cues from the Wall Street.\nOn Monday, the Nasdaq slipped in the afternoon session after briefly surpassing its record closing high from November 2021. The benchmark S&P 500 closed lower but remained just above the 5,000-point level it crossed on Friday. E-mini futures for the S&P 500 fell 0.16%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\nEconomists polled by Reuters expect CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.172%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.16.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.38 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nIn commodities, U.S. crude rose 0.03% to $76.94 per barrel and Brent was at $81.99, down 0.01% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam)', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'The competition for the first spot Ethereum (ETH) exchange-traded fund (ETF) intensifies with seasoned Wall Street player Franklin Templeton entering the fray. The firmfiledan application with the Securities and Exchange Commission (SEC) today, seeking approval for a fund directly tracking ETH.\nThis move by Franklin Templeton, managing a whopping $1.4 trillion in assets, signifies growing institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization. Their proposed "Franklin Ethereum Trust" would hold ETH and explore the possibility of "staking" a portion of the fund\'s assets.\nStaking involves locking ETH to help secure the Ethereum network and earn rewards in the process. However, staking remains a contentious issue, with regulators like the SEC fining major crypto companies for offering unregistered securities through staking services.\nThis development follows the January approval of 10 spot Bitcoin ETFs, marking a historic moment for cryptocurrency integration into traditional financial markets. These Bitcoin ETFs allow investors to gain exposure without directly owning or managing the digital asset. Franklin Templeton isn\'t alone in seeking an ETH ETF. Industry giants like BlackRock, Grayscale, and VanEck have also submitted proposals.', "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companies partnering with Ethiopia's power monopoly are Chinese.\nEthiopia's appeal lies in its abundant hydropower, which powers 92% of its electricity grid, despite nearly half the population lacking access. Its temperate climate also reduces cooling costs compared to hotter hubs like Texas, the current U.S. mining leader.\nHowever, some miners resort to disguising their operations as factories or agricultural projects to bypass regulations and secure electricity without official approvals. This strategy comes with risks, as similar setups in Iran and Kazakhstan faced sudden government shutdowns.", "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companies partnering with Ethiopia's power monopoly are Chinese.\nEthiopia's appeal lies in its abundant hydropower, which powers 92% of its electricity grid, despite nearly half the population lacking access. Its temperate climate also reduces cooling costs compared to hotter hubs like Texas, the current U.S. mining leader.\nHowever, some miners resort to disguising their operations as factories or agricultural projects to bypass regulations and secure electricity without official approvals. This strategy comes with risks, as similar setups in Iran and Kazakhstan faced sudden government shutdowns.", '• US stocks saw mixed trades on Monday as investors brace for the upcoming release of the January CPI report.\n• The median forecast suggests year-over-year CPI will fall to 2.9%, a decline from the previous reading of 3.4%.\n• A continued decline in inflation might push the Federal Reserve to cut interest rates sooner rather than later.\nUS stocks were mixed on Monday, with the Dow Jones Industrial Average closing at a record high while the S&P 500 and Nasdaq 100 edged lower.\nInvestors are now bracing for forthcoming January inflation data, with the CPI report scheduled to be released Tuesday morning.\nInvestors are looking for a continued decline in inflation. A lower reading would help solidify the Federal Reserve\'s decision to cut interest rates later this year.\n"Tomorrow will be all about CPI as investors want to see signs that the disinflationary process continues to move in the right direction," NYSE senior market strategist Michael Reinking said in a Monday note to clients.\nThe median forecast suggests year-over-year CPI will fall to 2.9%, a decline from the previous reading of 3.4%. Meanwhile, year-over-year Core CPI is expected to drop to 3.7%, compared to its previous reading of 3.9%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,021.84, down 0.09%\n• Dow Jones Industrial Average:38,797.38, up 0.33% (+125.69 points)\n• Nasdaq Composite:15,942.55, down 0.30%\nHere\'s what else happened today:\n• The US now has an 85% chance of a recession in 2024,the highest probability since the Great Financial Crisis, economist David Rosenberg says.\n• Bitcoin surged above $50,000 for the first time in 2 yearson Monday as ETF demand grows and investors anticipate interest rate cuts.\n• The homebuying season is set to pick up this spring,and economists at Redfin and Zillow expect up to a 5% price gain.\n• The stock market will rise in 2024 even if the Federal Reserve decides against interest rate cutsand instead keeps rates unchanged, according to Bank of America.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.30% to $77.07 a barrel.Brent crude, the international benchmark, dropped 0.10% to $82.11 a barrel.\n• Golddeclined 0.23% to $2,034.10 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.17%.\n• Bitcoinclimbed 4.26% to $50,239.69.\nRead the original article onBusiness Insider', '• During a CNBC interview, Michael Saylor highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal.\n• Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus.\nMichael Saylor, MicroStrategy’s (MSTR) co-founder and executive chairman, says the recent listing of bitcoin {{BTC}} exchange-traded funds (ETFs) is pushing up the token’s price as there is a massive imbalance in the crypto’s supply and nearly a decade of pent-up demand for a retail accessible BTC product.\n“There’s ten times as much demand for bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners,” he said during an interview with CNBC.\n“There are ten years of pent-up demand people have been waiting for these ETFs, and finally, mainstream investors are able to access bitcoin, and I think that is what’s driving the surge of capital in the asset class,” he continued.\nBitcoin is in demand right now because it’s “uncorrelated to traditional risk assets and doesn’t come with exposure to any given country or company, quarterly result product cycle competitor, not to weather not to war, not to an employee base or supply chain,” Saylor said.\nSaylor also said that MicroStrategy will be re-branding to a bitcoin development company, reflecting its strategy to accumulate more bitcoin and promote the growth of the Bitcoin network.\n“It’s a natural decision for us given the success of our bitcoin strategy and our unique status as the world’s largest public company holder of bitcoin,” he said.\nMicroStrategy’s model offers greater flexibility than an investment trust, Saylor argued, enabling the company to develop software, generate cash flow, leveraging the capital market, and accumulate bitcoin for its shareholders and foster the Bitcoin network.\n“It makes sense for us to call ourselves a bitcoin development company,” he said, comparing it to a real estate or petroleum development company.', '• During a CNBC interview, Michael Saylor highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal.\n• Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus.\nMichael Saylor, MicroStrategy’s (MSTR) co-founder and executive chairman, says the recent listing of bitcoin {{BTC}} exchange-traded funds (ETFs) is pushing up the token’s price as there is a massive imbalance in the crypto’s supply and nearly a decade of pent-up demand for a retail accessible BTC product.\n“There’s ten times as much demand for bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners,” he said during an interview with CNBC.\n“There are ten years of pent-up demand people have been waiting for these ETFs, and finally, mainstream investors are able to access bitcoin, and I think that is what’s driving the surge of capital in the asset class,” he continued.\nBitcoin is in demand right now because it’s “uncorrelated to traditional risk assets and doesn’t come with exposure to any given country or company, quarterly result product cycle competitor, not to weather not to war, not to an employee base or supply chain,” Saylor said.\nSaylor also said that MicroStrategy will be re-branding to a bitcoin development company, reflecting its strategy to accumulate more bitcoin and promote the growth of the Bitcoin network.\n“It’s a natural decision for us given the success of our bitcoin strategy and our unique status as the world’s largest public company holder of bitcoin,” he said.\nMicroStrategy’s model offers greater flexibility than an investment trust, Saylor argued, enabling the company to develop software, generate cash flow, leveraging the capital market, and accumulate bitcoin for its shareholders and foster the Bitcoin network.\n“It makes sense for us to call ourselves a bitcoin development company,” he said, comparing it to a real estate or petroleum development company.', '• Ethereum ecosystem and layer-2 tokens, such as LDO, ARB, and MNT, jumped as much as 7% as Franklin Templeton filed plans for a spot ether ETF.\n• Meanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nSolana’s SOL led the pack among crypto majors as bitcoin {{BTC}} briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders.\nSOL jumped 8%, while ether {{ETH}} rose 6.6% as bitcoin saw buying pressure after the New York market opened on Monday. Avalanche’s AVAX spiked 6%, while BNB Coin {{BNB}} and Cardano’s ADA rose a relatively lesser 3%.\nThe CoinDesk 20, a liquid index of the twenty biggest tokens by capitalization and volumes, minus stablecoins, rose 4%.\nSome Ethereum ecosystem tokens, such as staking protocol Lido’s LDO, and layer-2 tokens, such as Arbitrum’s ARB and Mantle’s MNT, jumped as much as 7% as financial giant Franklin Templeton filed plans for a spot ether ETF, joining a rising cohort.\nGrowth in major and alternative tokens has seemingly tracked the rise of bitcoin, which touched the $50,000 level for the first time since late 2021. Spot bitcoin ETFs have amassedmore than 192,000 tokensas of Friday since they went live nearly a month ago.\nMeanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nGoogle Trends allows users to compare the relative volume of searches. However, this does not mean the total number of searches for that term is decreasing it just means its popularity is decreasing compared to other searches. A line trending downward means that a search term’s popularity relative to other popular terms is decreasing.\nAs such, some traders caution that price retracements in the short-to-medium terms could still be on the cards.\n“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.”', '• Ethereum ecosystem and layer-2 tokens, such as LDO, ARB, and MNT, jumped as much as 7% as Franklin Templeton filed plans for a spot ether ETF.\n• Meanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nSolana’s SOL led the pack among crypto majors as bitcoin {{BTC}} briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders.\nSOL jumped 8%, while ether {{ETH}} rose 6.6% as bitcoin saw buying pressure after the New York market opened on Monday. Avalanche’s AVAX spiked 6%, while BNB Coin {{BNB}} and Cardano’s ADA rose a relatively lesser 3%.\nThe CoinDesk 20, a liquid index of the twenty biggest tokens by capitalization and volumes, minus stablecoins, rose 4%.\nSome Ethereum ecosystem tokens, such as staking protocol Lido’s LDO, and layer-2 tokens, such as Arbitrum’s ARB and Mantle’s MNT, jumped as much as 7% as financial giant Franklin Templeton filed plans for a spot ether ETF, joining a rising cohort.\nGrowth in major and alternative tokens has seemingly tracked the rise of bitcoin, which touched the $50,000 level for the first time since late 2021. Spot bitcoin ETFs have amassedmore than 192,000 tokensas of Friday since they went live nearly a month ago.\nMeanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nGoogle Trends allows users to compare the relative volume of searches. However, this does not mean the total number of searches for that term is decreasing it just means its popularity is decreasing compared to other searches. A line trending downward means that a search term’s popularity relative to other popular terms is decreasing.\nAs such, some traders caution that price retracements in the short-to-medium terms could still be on the cards.\n“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.”', '(Updated at 0555 GMT)\nBy Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Japanese shares touched a 34-year peak on Tuesday, while the dollar held steady, keeping the yen perilously close to 150 per dollar level ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $49,897.\nJapan\'s Nikkei continued to advance, climbing to 38,010 on Tuesday, not far from the record high of 38,957 the benchmark touched on Dec. 29, 1989. The Nikkei has gained more than 13% so far this year, after rising 28% in 2023.\nThe surge has been driven by foreign investors flocking to the market attracted by low valuations and changes in corporate governance, while a weakening yen this year has provided a further boost.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in rest of Asia subdued. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.11%.\nFutures indicate European bourses are due to open lower with the Eurostoxx 50 down 0.36%, German DAX futures 0.26% lower and FTSE futures up 0.01%.\nE-mini futures for the S&P 500 fell 0.13%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and the Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\n"It’s only a matter of time before the Fed reduces rates and we think that this should start around the middle of this year," said Vasu Menon, managing director of investment strategy at OCBC Bank in Singapore.\n"Rate cuts should be good for stock markets provided we do not see a hard landing in the US economy. The good news is that economic data so far seems to support this prognosis."\nEconomists polled by Reuters expect the CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.181%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.20.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.55 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nThe yen has fallen more than 5% against the dollar year-to-date, with yen bears emboldened by signs the Bank of Japan will resist aggressively hiking rates even if it exits negative interest rates this year as markets are wagering.\nIn commodities, U.S. crude futures rose 0.18% to $77.06 per barrel and Brent futures were at $82.08, up 0.1% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam and Sonali Paul)', '• Many calls at $65,000, $70,000 and $75,000 crossed the tape on dominant crypto options exchange Deribit over the weekend.\n• The concentration of activity in these so-called out-of-the-money calls reflects bullish market sentiment.\nMove over fears of a bitcoin {{BTC}} price drop due to so-called overbought technical conditions and potential selling by bankrupt crypto lender Genesis.\nCrypto traders are snapping cheap out-of-the-money (OTM) bitcoin calls or bullish options bets at levels around the cryptocurrency’s lifetime high of $69,000.\nOver the weekend, many call options at strikes $65,000, $70,000 and $75,000 changed hands on Deribit, the world’s leading crypto options exchange by volumes and open interest. On Deribit, one options contract represents one BTC.\nCall options give investors the right to buy the underlying asset at a specific price by a stated date, while puts confer the right to sell. A call buyer is implicitly bullish on the market.\nThe mass buying of higher strike calls reflects a bullish mood among sophisticated market participants.\n“We see a concentration of open interest in $50k calls and have seen flows in $50K, $60K and $75K calls in the listed options markets from April to June maturities”" Kelly Greer, Head of Americas Sales, Galaxy, told CoinDesk in an interview. “These flows demonstrate conviction from buyers willing to pay a premium to take on these positions, suggesting investors have a constructive view on bitcoin.”\nGreer added that a similar concentration of activity in the OTM calls at $30,000 and $40,000 in the final quarter of 2023 paved the way for a convincing price rally through those levels.\nPositioning in the options market has been areliable indicatorof impending price swings.\nThe recent bullish flows are reminiscent of the 2020-2021 bull market when sophisticated market participants consistently bought calls at strikesat $80,000and higher at cheap valuations.\nBitcoin has nearly doubled to $50,000 since early October, with prices rising from $38,500 in the past three weeks, mainly due tostrong ETF inflows.\nThe cryptocurrency’s 14-day relative strength index, a popular technical analysis tool, has jumped above 70,signaling overbought conditionsin the bitcoin market. An overbought reading is often taken as a signal of an impending bearish trend reversal, although it only means the market has rallied a little too fast in a short period and may take a breather.“\n"Bitcoin posted its seventh consecutive day of gains, but the strengthening slowed over the weekend. It also coincided with a move above 70 on the RSI on the daily timeframes, which could increase players’ appetite for short-term profit-taking. Caution is also building as we approach the January peak,” Alex Kuptsikevich, senior analyst at FxPro, said in an email Monday.\nBesides, alooming concern is thatfailed crypto lender Genesis’ forced sale of $1.6 billion in bitcoin, ether and ethereum classics could drive prices lower. Genesis recently filed a motion asking a U.S. judgeto approve the saleof the above-mentioned cryptocurrencies held in Grayscale’s trust products.', '• Many calls at $65,000, $70,000 and $75,000 crossed the tape on dominant crypto options exchange Deribit over the weekend.\n• The concentration of activity in these so-called out-of-the-money calls reflects bullish market sentiment.\nMove over fears of a bitcoin {{BTC}} price drop due to so-called overbought technical conditions and potential selling by bankrupt crypto lender Genesis.\nCrypto traders are snapping cheap out-of-the-money (OTM) bitcoin calls or bullish options bets at levels around the cryptocurrency’s lifetime high of $69,000.\nOver the weekend, many call options at strikes $65,000, $70,000 and $75,000 changed hands on Deribit, the world’s leading crypto options exchange by volumes and open interest. On Deribit, one options contract represents one BTC.\nCall options give investors the right to buy the underlying asset at a specific price by a stated date, while puts confer the right to sell. A call buyer is implicitly bullish on the market.\nThe mass buying of higher strike calls reflects a bullish mood among sophisticated market participants.\n“We see a concentration of open interest in $50k calls and have seen flows in $50K, $60K and $75K calls in the listed options markets from April to June maturities”" Kelly Greer, Head of Americas Sales, Galaxy, told CoinDesk in an interview. “These flows demonstrate conviction from buyers willing to pay a premium to take on these positions, suggesting investors have a constructive view on bitcoin.”\nGreer added that a similar concentration of activity in the OTM calls at $30,000 and $40,000 in the final quarter of 2023 paved the way for a convincing price rally through those levels.\nPositioning in the options market has been areliable indicatorof impending price swings.\nThe recent bullish flows are reminiscent of the 2020-2021 bull market when sophisticated market participants consistently bought calls at strikesat $80,000and higher at cheap valuations.\nBitcoin has nearly doubled to $50,000 since early October, with prices rising from $38,500 in the past three weeks, mainly due tostrong ETF inflows.\nThe cryptocurrency’s 14-day relative strength index, a popular technical analysis tool, has jumped above 70,signaling overbought conditionsin the bitcoin market. An overbought reading is often taken as a signal of an impending bearish trend reversal, although it only means the market has rallied a little too fast in a short period and may take a breather.“\n"Bitcoin posted its seventh consecutive day of gains, but the strengthening slowed over the weekend. It also coincided with a move above 70 on the RSI on the daily timeframes, which could increase players’ appetite for short-term profit-taking. Caution is also building as we approach the January peak,” Alex Kuptsikevich, senior analyst at FxPro, said in an email Monday.\nBesides, alooming concern is thatfailed crypto lender Genesis’ forced sale of $1.6 billion in bitcoin, ether and ethereum classics could drive prices lower. Genesis recently filed a motion asking a U.S. judgeto approve the saleof the above-mentioned cryptocurrencies held in Grayscale’s trust products.', '(Updates at 0915 GMT)\nBy Harry Robertson and Ankur Banerjee\nLONDON/SINGAPORE, Feb 13 (Reuters) - Japanese shares touched a 34-year peak on Tuesday, while European stocks and S&P 500 futures slipped as investors waited for a U.S. inflation report that could shape Federal Reserve policy.\nTreasuries and the dollar were little changed before the inflation numbers. Bitcoin remained just above $50,000 after crossing the threshold for the first time in over two years, thanks to inflows into exchange-traded funds backed by the digital asset.\nJapan\'s Nikkei continued to advance, climbing to 38,010 on Tuesday, not far from the record high of 38,957 the benchmark touched on Dec. 29, 1989. The Nikkei has gained more than 13% so far this year, after rising 28% in 2023.\nForeign investors have flocked to the market, attracted by low valuations, changes in corporate governance, and a weak yen that has made Japanese companies\' products more attractive globally.\n"U.S. yields have moved up year to date," said Max Kettner, chief multi-asset strategist at HSBC. "In the absence of any kind of meaningful tightening from the Bank of Japan that really hurts the Japanese yen, (which) helps the export-sensitive Japanese equity market."\nEurope\'s continent-wide Stoxx 600 index slipped 0.33% in early trading, after rising 0.54% on Monday, as investors turned cautious before the U.S. data. Germany\'s DAX stock index was 0.72% lower.\nBritain\'s FTSE 100 slipped 0.15% while the pound climbed 0.1% after data showed\nwage growth\nwas stronger than expected in the last three months of 2023.\nFutures for the U.S. S&P 500 fell 0.32%, while Nasdaq futures were down 0.4%.\nJanuary U.S. inflation data could jolt markets at 1330 GMT (8.30 a.m. ET). Economists polled by Reuters expect the consumer price index (CPI) to rise 2.9% year-on-year, down from 3.4% in the previous month.\nA higher-than-expected number could nudge yields higher and further strengthen the dollar, said Charu Chanana, head of currency strategy at Saxo.\nMarket pricing shows investors think there\'s currently a 70% chance of an interest rate cut by May, "and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now," Chanana said.\nInvestors have lowered their bets on rate cuts from the biggest central banks in recent weeks as U.S. data has come in stronger than expected. They now see roughly 110 basis points of cuts by the end of the year, down from around 145 basis points at the start of February.\nThe yield on 10-year Treasury notes was up very slightly at 4.19%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.24. The euro was roughly flat at $1.0761.\nThe Japanese yen, which is sensitive to U.S. rates, was last down around 0.2% at 149.67 per dollar, not far from the closely watched 150 level that analysts said would likely trigger further comments from Japanese officials in an attempt to support the currency.\nJapan\'s currency has fallen around 6% against the dollar this year as investors have pushed back their expectations for when the BOJ will end its ultra-loose monetary policy.\nIn commodities, Brent crude oil futures were at $82.06, up 0.1% on the day.\n(Reporting by Harry Robertson in London and Ankur Banerjee in Singapore; Editing by Sonali Paul and Bernadette Baum)', '• Bitcoin\'s move above $50,000 on Monday brought windfall gains to holders of the Yes side of Polymarket\'s now-expired "Will BTC hit $50,000 in February?" contract.\n• Pseudonymous trader u/MeLLoN98 made 550% and is now betting on the bitcoin price reaching a record high by the end of the first quarter.\nGone are the days when making big money in the crypto market required taking directional bets in the spot or futures markets or setting up complex decentralized finance strategies. Some traders are now generating market-beating returns through the decentralized prediction platform Polymarket.\nA recent example: The pseudonymousu/MeLLoN98, a core contributor on Reddit\'s r/CryptoCurrency community, earned a staggering 550% return on investment after buying more than 90,000 shares in the Yes side of Polymarket\'s now-expired betting contract "Will BTC hit $50,000 in February?"\nThe contract resolved to Yes on Monday after bitcoin {{BTC}}rose past$50,000 on the Nasdaq-listed Coinbase (COIN) exchange, hitting the highest since December 2021. Speculators onPolymarketcan buy or sell outcome shares, which can be redeemed for $1 if the outcome is correct.\n"I converted 110,000 Moons to 14,000 USDC on Kraken and bought 91,409 shares on Polymarket at an average price of about 15 cents. So I paid $14K and got $91.4K," u/MeLLoN98 told CoinDesk in an interview conducted over X.MOONis the native token ofthe r/CryptoCurrency community, which has 7.4 million users.\nMOON ERC-20 tokens are distributed as rewards to community members for their posts or comments in the subreddit and can be freely traded and spent in the community for various purposes. USDC is the world\'s second-largest dollar-pegged stablecoin, with over $27 billion in market capitalization.\nIn other words, u/MeLLoN98 used his free MOON tokens to bet on the bitcoin price and won over $91,000. u/MeLLoN98 said he is planning to accumulate more MOON with the amount won.\n"Moons are getting on Arbitrum One next month with apartnership with Celer Network, so more liquidity is coming," the trader said, explaining his plans to buy more MOON.\nPolymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contracttradedat 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.\nu/MeLLoN98, which goes by the nameRedditMoons-10$on Polymarket, has purchased more than 230,000 shares of the Yes side of the contract.\n"This bet is a lot more crazier. I paid approximately $27k and if it happens I\'ll get $230k," u/MeLLoN98 said.', '• Bitcoin\'s move above $50,000 on Monday brought windfall gains to holders of the Yes side of Polymarket\'s now-expired "Will BTC hit $50,000 in February?" contract.\n• Pseudonymous trader u/MeLLoN98 made 550% and is now betting on the bitcoin price reaching a record high by the end of the first quarter.\nGone are the days when making big money in the crypto market required taking directional bets in the spot or futures markets or setting up complex decentralized finance strategies. Some traders are now generating market-beating returns through the decentralized prediction platform Polymarket.\nA recent example: The pseudonymousu/MeLLoN98, a core contributor on Reddit\'s r/CryptoCurrency community, earned a staggering 550% return on investment after buying more than 90,000 shares in the Yes side of Polymarket\'s now-expired betting contract "Will BTC hit $50,000 in February?"\nThe contract resolved to Yes on Monday after bitcoin {{BTC}}rose past$50,000 on the Nasdaq-listed Coinbase (COIN) exchange, hitting the highest since December 2021. Speculators onPolymarketcan buy or sell outcome shares, which can be redeemed for $1 if the outcome is correct.\n"I converted 110,000 Moons to 14,000 USDC on Kraken and bought 91,409 shares on Polymarket at an average price of about 15 cents. So I paid $14K and got $91.4K," u/MeLLoN98 told CoinDesk in an interview conducted over X.MOONis the native token ofthe r/CryptoCurrency community, which has 7.4 million users.\nMOON ERC-20 tokens are distributed as rewards to community members for their posts or comments in the subreddit and can be freely traded and spent in the community for various purposes. USDC is the world\'s second-largest dollar-pegged stablecoin, with over $27 billion in market capitalization.\nIn other words, u/MeLLoN98 used his free MOON tokens to bet on the bitcoin price and won over $91,000. u/MeLLoN98 said he is planning to accumulate more MOON with the amount won.\n"Moons are getting on Arbitrum One next month with apartnership with Celer Network, so more liquidity is coming," the trader said, explaining his plans to buy more MOON.\nPolymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contracttradedat 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.\nu/MeLLoN98, which goes by the nameRedditMoons-10$on Polymarket, has purchased more than 230,000 shares of the Yes side of the contract.\n"This bet is a lot more crazier. I paid approximately $27k and if it happens I\'ll get $230k," u/MeLLoN98 said.', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nFrenetic trading activity around artificial intelligence and chipmakers has tech heavy stock indexes from Wall St\'s Nasdaq to Japan\'s Nikkei just a stone\'s throw from all-time highs - even if Tuesday\'s U.S. inflation update had them back off for now.\nWith US annual consumer price inflation expected to ebb to a near 3-year low of 2.9% - and below 3% for the first time since March 2021 - rates and bonds markets held steady.\nEven though Federal Reserve futures markets now have sights firmly set on May rather than March for the first interest rate cut in the cycle, the central bank will welcome another retreat in CPI even if core rates remain stick.\nFurther encouragement came on Monday as the New York Fed\'s household survey showed 3-year inflation expectations falling to just 2.4% - the lowest in almost four years.\nBut with China\'s markets still closed for the Lunar New Year holiday, all the markets buzz was once again in tech and AI.\nAided by both the tech sector boost and a softening yen toward 150 per dollar for the first time since November, Japan\'s Nikkei - one of the investment darlings of the year so far - soared almost 3% and closed at a fresh 34-year high as trading resumed after a long holiday weekend.\nIt\'s now just 2% from the record peak it set at the height of Japan\'s property bubble in 1990.\nOn of the drivers of Tuesday\'s gains was SoftBank, which climbed 6.27% - buoyed in turn by the extraordinary share price boom in chip developer Arm Holdings, in which SoftBank has a 90% stake.\nInfused with the AI frenzy, Arm\'s shares surged another 40% on Monday - adding to a staggering rally that\'s seen it gain more than 80% since its earnings projections were released last Wednesday. And its market value has now reached a record $141 billion, nearly tripling since its initial public offering last September.\nWhat\'s more, Monday saw chip giant Nvidia cross above Amazon.com in market capitalization at one point amid the same AI euphoria - briefly making it the fourth-most valuable U.S. company.\nAll the excitement saw the Nasdaq surpass its record closing high from November 2021 at one stage during Monday\'s trading - just half a percent from its all-time intraday peak.\nIt slipped back before the close, however, with Tesla falling again and increasingly separated out from the so-called \'Magnificent 7" grouping of megacap tech stock leaders. Embroiled in a price war with Chinese rivals, Tesla\'s stock is down almost 25% so far this year.\nNasdaq futures fell back about 0.5% before the open, with S&P500 futures down about 0.4% as the inflation release was awaited.\nWith the January NFIB small business survey due later, small caps outperformed on Monday - climbing 1.8% and the large caps stumbled at new highs.\nElsewhere, Bitcoin touched its highest since December 2021 at $50,383 and steadied above $50,000 for a second day running. The world\'s largest crypto token has risen nearly 18% this year, helped by last month\'s regulatory nod for U.S.-listed exchange traded funds (ETFs) and an expected \'halving\' event later this year.\nIn Europe, sterling rose and British stocks and bonds fell after news that UK pay grew at the weakest pace in more than a year at the end of 2023 even as the jobless rate fell again.\nThe drop in wage growth was not as big as forecast, however, and probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates.\nKey diary items that may provide direction to U.S. markets later on Tuesday:\n* U.S. Jan consumer price inflation report, NFIB Jan small business survey\n* Energy and climate ministers gather in Paris for IEA\'s 2024 Ministerial Meeting\n* U.S. corporate earnings: AIG, Airbnb, Lyft, Coca-Cola, Marriott, MGM Resorts, Molson Coors, Biogen, Hasbro, Moody\'s, Robinhood, Eversource Energy, Ecolab, Howmet Aerospace, Incyte, DaVita, Invitation Homes, Akamai Technologies, Welltower, EQT, Leidos, Zoetis, Zillow\n(Editing by Bernadette Baum)', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nFrenetic trading activity around artificial intelligence and chipmakers has tech heavy stock indexes from Wall St\'s Nasdaq to Japan\'s Nikkei just a stone\'s throw from all-time highs - even if Tuesday\'s U.S. inflation update had them back off for now.\nWith US annual consumer price inflation expected to ebb to a near 3-year low of 2.9% - and below 3% for the first time since March 2021 - rates and bonds markets held steady.\nEven though Federal Reserve futures markets now have sights firmly set on May rather than March for the first interest rate cut in the cycle, the central bank will welcome another retreat in CPI even if core rates remain stick.\nFurther encouragement came on Monday as the New York Fed\'s household survey showed 3-year inflation expectations falling to just 2.4% - the lowest in almost four years.\nBut with China\'s markets still closed for the Lunar New Year holiday, all the markets buzz was once again in tech and AI.\nAided by both the tech sector boost and a softening yen toward 150 per dollar for the first time since November, Japan\'s Nikkei - one of the investment darlings of the year so far - soared almost 3% and closed at a fresh 34-year high as trading resumed after a long holiday weekend.\nIt\'s now just 2% from the record peak it set at the height of Japan\'s property bubble in 1990.\nOn of the drivers of Tuesday\'s gains was SoftBank, which climbed 6.27% - buoyed in turn by the extraordinary share price boom in chip developer Arm Holdings, in which SoftBank has a 90% stake.\nInfused with the AI frenzy, Arm\'s shares surged another 40% on Monday - adding to a staggering rally that\'s seen it gain more than 80% since its earnings projections were released last Wednesday. And its market value has now reached a record $141 billion, nearly tripling since its initial public offering last September.\nWhat\'s more, Monday saw chip giant Nvidia cross above Amazon.com in market capitalization at one point amid the same AI euphoria - briefly making it the fourth-most valuable U.S. company.\nAll the excitement saw the Nasdaq surpass its record closing high from November 2021 at one stage during Monday\'s trading - just half a percent from its all-time intraday peak.\nIt slipped back before the close, however, with Tesla falling again and increasingly separated out from the so-called \'Magnificent 7" grouping of megacap tech stock leaders. Embroiled in a price war with Chinese rivals, Tesla\'s stock is down almost 25% so far this year.\nNasdaq futures fell back about 0.5% before the open, with S&P500 futures down about 0.4% as the inflation release was awaited.\nWith the January NFIB small business survey due later, small caps outperformed on Monday - climbing 1.8% and the large caps stumbled at new highs.\nElsewhere, Bitcoin touched its highest since December 2021 at $50,383 and steadied above $50,000 for a second day running. The world\'s largest crypto token has risen nearly 18% this year, helped by last month\'s regulatory nod for U.S.-listed exchange traded funds (ETFs) and an expected \'halving\' event later this year.\nIn Europe, sterling rose and British stocks and bonds fell after news that UK pay grew at the weakest pace in more than a year at the end of 2023 even as the jobless rate fell again.\nThe drop in wage growth was not as big as forecast, however, and probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates.\nKey diary items that may provide direction to U.S. markets later on Tuesday:\n* U.S. Jan consumer price inflation report, NFIB Jan small business survey\n* Energy and climate ministers gather in Paris for IEA\'s 2024 Ministerial Meeting\n* U.S. corporate earnings: AIG, Airbnb, Lyft, Coca-Cola, Marriott, MGM Resorts, Molson Coors, Biogen, Hasbro, Moody\'s, Robinhood, Eversource Energy, Ecolab, Howmet Aerospace, Incyte, DaVita, Invitati Last 60 Days of Bitcoin's Closing Prices: [41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-13 Financial & Commodity Data: - Gold Closing Price: $1992.90 - Crude Oil Closing Price: $77.87 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $984,770,926,875 - Hash Rate: 506686456.4559378 - Transaction Count: 313178.0 - Unique Addresses: 589286.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - Record BTC Production of 1,853 BTC in December and12,852 BTCin 2023 - Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s - BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of December 31, 2023 Fort Lauderdale, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for December 2023. Management Commentary“In December, we increased our energized hash rate 4% to 24.7 exahashes and extended our lead as the largest publicly traded bitcoin miner in North America,” said Fred Thiel, Marathon’s chairman and CEO. “We continue to target 30% growth in energized hash rate in 2024 and with the recently announced acquisition of the two sites from Generate Capital, which is expected to close in January 2024, we expect to reach 50 exahashes in the next 18 to 24 months. “Outside the US, progress continued in Abu Dhabi where we now have 2.7 exahashes online. This total includes over 13,000 rigs energized at our second, larger facility in Masdar City, and the remaining 4.4 exahashes are still expected to be online in January 2024. Our new joint venture in Paraguay also continued to energize, reaching 0.3 exahash with 2,110 miners now online. We continue to expect the full 1.1 exahashes to be online by early Q2 2024. “Hash rate growth and continued efficiency gains helped grow average operational hash rate* by 18% to 21.9 exahashes or 22.4 exahashes including our share of the joint ventures. This helped drive record bitcoin production as Marathon mined 1,853 BTC in December, up 56% from November, and 290% year-over-year. We believe this to be the highest monthly total ever recorded by a public bitcoin mining company. “Significantly higher transaction fees helped December’s Bitcoin production grow much faster than average operational hash rate. For the month, MaraPool collected more than 380 BTC in transaction fees or 22% of BTC production, up from 12% of production last month. Our success in capturing the sizable transaction fees currently available to miners is directly related to owning and operating our own pool and represents a key competitive advantage of our vertically integrated tech stack. “The recently announced acquisition of the sites in Granbury, TX and Kearney, NE, which is expected to close in January 2024, is expected to improve our cost structure and increase our near-term growth potential. This transaction is on track to close in mid-January and with new miners already on order, we expect to be able to quickly fill available capacity. We look forward to sharing more details on the integration strategy and financial impact after the deal has closed.” Operational Highlights and Updates Figure 1: Operational Highlights* [["Bitcoin Produced", "", "", "1,853", "", "", "", "475", "", "", "", "290", "%", "", "", "1,853", "", "", "", "1,187", "", "", "", "56", "%"], ["Average Bitcoin Produced per Day", "", "", "59.8", "", "", "", "15.3", "", "", "", "290", "%", "", "", "59.8", "", "", "", "39.6", "", "", "", "51", "%"], ["Share of Available Miner Rewards1", "", "", "5.1", "%", "", "", "1.7", "%", "", "", "197", "%", "", "", "5.1", "%", "", "", "3.6", "%", "", "", "40", "%"], ["Number of Blocks Won5", "", "", "222", "", "", "", "70", "", "", "", "217", "%", "", "", "222", "", "", "", "159", "", "", "", "40", "%"], ["Transaction Fees as % of Total5", "", "", "21.8", "%", "", "", "2.0", "%", "", "", "991", "%", "", "", "21.8", "%", "", "", "12.1", "%", "", "", "80", "%"], ["Energized Hash Rate (EH/s)2", "", "", "24.7", "", "", "", "7.0", "", "", "", "253", "%", "", "", "24.7", "", "", "", "23.7", "", "", "", "4", "%"], ["Avg Operational Hash Rate (EH/s)3", "", "", "22.4", "", "", "", "NA", "", "", "", "", "", "", "", "22.4", "", "", "", "19.0", "", "", "", "18", "%"], ["Installed Hash Rate (EH/s)4", "", "", "25.2", "", "", "", "7.0", "", "", "", "260", "%", "", "", "25.2", "", "", "", "23.2", "", "", "", "9", "%"], ["1. Defined as the total amount of block rewards including transaction fees that Marathon earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period."], ["2. Defined as the amount of hash rate that could theoretically be generated if all miners that have been energized are currently in operation including miners that may be temporarily offline. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["3. Defined as the average hash rate that was actually generated during the month from all operational miners. All figures are estimates and are rounded."], ["4. Defined as the sum of energized hash rate (see above) and hash rate that has been installed but not yet energized. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["5. These metrics are MaraPool only, do not include the joint ventures"]] In December, approximately 8,900 of Marathon’s Bitcoin miners (c. 0.7 EH/s) were energized at Applied Digital’s facility in Garden City, Texas. This energization helped increase the Company’s operating fleet* by 7% to approximately 199,200 Bitcoin miners, theoretically capable of producing approximately 24.7 EH/s, according to the manufacturer’s specifications as of December 1, 2023. The Company’s average fleet efficiency, based on manufacturers’ specifications, was 24.5 J/TH (joules per terahash) as of January 1, 2024. Figure 2: Operational Details by Site [["Site", "", "State", "", "", "Host", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", ""], ["McCamey", "", "", "TX", "", "", "US Bitcoin", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.1", "", "", "", "6.9", "", "", "", "92", "%", "", "", "90", "%"], ["Ellendale", "", "", "ND", "", "", "Applied", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.4", "", "", "", "7.0", "", "", "", "95", "%", "", "", "90", "%"], ["Garden City", "", "", "TX", "", "", "Applied", "", "", "4.5", "", "", "", "4.1", "", "", "", "4.5", "", "", "", "4.0", "", "", "", "3.6", "", "", "", "1.3", "", "", "", "80", "%", "", "", "33", "%"], ["Granbury", "", "", "TX", "", "", "US Bitcoin", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.7", "", "", "", "99", "%", "", "", "89", "%"], ["Jamestown", "", "", "ND", "", "", "Applied", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.2", "", "", "", "1.4", "", "", "", "86", "%", "", "", "96", "%"], ["All Other", "", "", "", "", "", "Various", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.3", "", "", "", "0.8", "", "", "", "88", "%", "", "", "88", "%"], ["Total", "", "", "", "", "", "", "", "", "24.7", "", "", "", "23.8", "", "", "", "24.7", "", "", "", "23.7", "", "", "", "22.4", "", "", "", "19.1", "", "", "", "91", "%", "", "", "80", "%"]] Marathon and its hosting provider further increased uptime in McCamey, TX from 90% in November to 92% in December. These improvements helped grow average operational hash rate at this facility by 2% to 7.1 EH/s. The Company is continuing to optimize its operations to maximize efficiency and lower operating costs. Financial Highlights and Updates Figure 3: Financial Highlights [["Metric", "", "12/31/2023", "", "", "12/31/2022", "", "", "% \u0394", "", "", "12/31/2023", "", "", "11/30/2023", "", "", "% \u0394", ""], ["Total Cash, Cash Equivalents, & Restricted Cash ($, in millions)", "", "", "356.8", "", "", "", "112.5", "", "", "", "217", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Unrestricted Cash", "", "", "356.8", "", "", "", "103.7", "", "", "", "244", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Restricted Cash", "", "", "0.0", "", "", "", "8.8", "", "", "", "-100", "%", "", "", "0.0", "", "", "", "0.0", "", "", "", "NA", ""], ["Total BTC Holdings (in whole numbers)", "", "", "15,174", "", "", "", "12,232", "", "", "", "24", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Unrestricted BTC Holdings", "", "", "15,174", "", "", "", "7,816", "", "", "", "94", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Restricted BTC Holdings", "", "", "0", "", "", "", "4,416", "", "", "", "-100", "%", "", "", "0", "", "", "", "0", "", "", "", "NA", ""], ["Pledged BTC Holdings", "", "", "0", "", "", "", "0", "", "", "", "NA", "", "", "", "0", "", "", "", "0", "", "", "", "NA", ""]] As of December 31, the Company holds a total of 15,174 unrestricted BTC. Marathon opted to sell 704 BTC or 38% of monthly production to cover operating expenses. The Company intends to sell a portion of its bitcoin holdings in future periods to support monthly operations, manage its treasury, and for general corporate purposes. Marathon held $356.8 million in cash and cash equivalents on its balance sheet at month end, all of which was unrestricted. During December, the combined balance of unrestricted cash and cash equivalents and bitcoin increased from $802.3 million to $998.5 million at December 31, 2023. In anticipation of the next Bitcoin network halving, the Company continues to build liquidity on the balance sheet to capitalize on strategic opportunities, including industry consolidation. The transaction to acquire two operating sites from Generate Capital is expected to close in January 2024 for approximately $178.6 million in cash to be paid from the Company’s balance sheet. Beginning December 2023, the Company’s production reports now include the proportional share of international joint ventures (JVs) except where noted. Prior to December 2023, certain operating metrics including hash rates, energized miners, and fleet efficiency were US-only and did not yet include the JVs Investor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on March 16, 2023. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or Bitcoin hash rate may also materially affect the future performance of Marathon's production of bitcoin. Additionally, all discussions of financial metrics assume mining difficulty rates as of December 2023. See "Forward-Looking Statements" below. Forward-Looking StatementsStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. About Marathon Digital HoldingsMarathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America. For more information, visitwww.mara.com, or follow us on: Twitter:@MarathonDHLinkedIn:www.linkedin.com/company/marathon-digital-holdingsFacebook:www.facebook.com/MarathonDigitalHoldingsInstagram:@marathondigitalholdings Marathon Digital HoldingsCompanyContact:Telephone: 800-804-1690Email:[email protected] Marathon Digital Holdings Media Contact:Email:[email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', "Robinhood Markets(NASDAQ: HOOD)Q4 2023 Earnings CallFeb 13, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nThank you for standing by, and welcome to the Robinhood Markets Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] As a reminder, today's program is being recorded.\nAnd now I'd like to introduce your host for today's program, Chris Koegel, vice president of corporate FP&A and investor relations. Please go ahead.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jonathan, and thank you to everyone for joining Robinhood's Q4 earnings call. With us today are our CEO and co-founder, Vlad Tenev; and CFO, Jason Warnick. Before getting started, I want to remind you that today's call will contain forward-looking statements.\nActual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor, are described in the press release we issued today, the earnings presentation, and our SEC filings all of which can be found at investors.robinhood.com. Today's discussion will also include non-GAAP financial measures. Reconciliation to the GAAP results we consider most comparable can be found in the earnings presentation.\nShould you invest $1,000 in Robinhood Markets right now?\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nWith that, let me turn it over to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Chris. Hi, everyone. We're going to try something a little bit different today. I'm going to keep my remarks brief so that we can spend more time on Q&A.\nRobinhood is focused on three things: number one, winning the active trader market; two, increasing wallet share as we deepen relationships with our customers and three, expanding internationally. I, first off, want to congratulate our team for a strong 2023. Trading market share was up 14% for equities and 19% for options year over year. Gold subscribers were up 25% to $1.4 million, and assets under custody exceeded $100 billion, fueled by the strength of our 27% organic growth in net deposits.\nAnd we've launched brokerage in the U.K. and crypto in the EU. A couple of points to call out. In Q4, we finished with $1.3 billion of net positive brokerage account transfers into Robinhood, and we've already exceeded that total halfway through Q1.\nWe've been taking trading market share for some time, and now we're winning net asset inflows from every one of our major competitors, averaging over $100,000 per transfer. And as for funded customers, we've already grown more in the first half of Q1 than we did in each of the last eight quarters. So, I love the momentum we're building, and I'm excited about 2024. Before I discuss our road map, let's have Jason review our financial results.\nJason Warnick--Chief Financial Officer\nThanks, Vlad. It's good to speak with everyone today. We had a strong Q4 and 2023, and we have a lot of momentum starting 2024. Looking at 2023, we delivered significant profitable growth with record full-year revenues, record adjusted EBITDA, and record adjusted EBITDA margins.\nWe grew revenues 37% to $1.9 billion; delivered adjusted EBITDA of $536 million, which is more than three times our prior high; drove 124% incremental margins as revenues grew by more than $500 million, even while we lowered costs; and we expanded adjusted EBITDA margin to 29%, as we make progress over time toward the 50%-plus levels we see from incumbents. And looking at Q4, we delivered $0.03 of positive GAAP EPS. Aside from the regulatory charges last quarter, Q4 would have been our third straight quarter of positive earnings per share. Q4 was also our sixth straight quarter of positive adjusted EBITDA.\nWe're pleased with our results in 2023 and aim to continue delivering profitable growth in 2024. Let's move to our fourth quarter business results. Assets under custody finished Q4 back over $100 billion for the first time since 2021. We delivered strong Q4 net deposit growth at a 21% annualized rate.\nAnd we're focused on driving net deposits even higher by improving our user experience and value proposition. When we look at historical customer cohorts, we see they have consistently added to their net deposits over time. which we think provides a strong foundation for sustainable long-term asset growth. And newer cohorts are starting with balances one and a half to two times higher, which is even more encouraging.\nWe're also delivering growth in Robinhood Gold. Compared to our average customer, Gold subscribers in Q4 had more than eight times the assets with an average of about $40,000, grew net deposits more than twice as fast, and have adopted our products at higher rates. Gold subscribers are up 25% year over year to 1.42 million. Gold ARPU is multiples of our average customer, which includes Q4 annualized recurring subscription revenue of $85 million.\nThis Gold growth brings our adoption rate up to 6.1%, and we're working to take this even higher as we keep improving the value proposition. We also have strong momentum to start the year, as we added another 60,000 Gold subscribers in January alone. That is nearly three times the monthly average we saw in 2023. Our team is also hard at work on new credit cards for Robinhood customers, starting with something special for Gold customers.\nCurrently, for funded customers with our historical X1 credit card, they have an ARPU of over $300 on credit alone. That's nearly four times our current average. This represents another opportunity for us to diversify our business and introduce new products to our customers who have a median credit score of about 720 and two-thirds of whom are prime or prime plus. We look forward to sharing more about our plans with you soon.\nNow, let's turn to financial results. In the fourth quarter, we generated net income of $30 million as total net revenues increased 1% sequentially to $471 million, and total expenses came in better than our outlook. Looking at Q4 revenues, transaction revenues increased as crypto notional volumes nearly doubled, and other revenues grew as we saw early traction in Sherwood Media and added more Gold subscribers. These increases were partially offset by the anticipated decline in net interest revenues from lower sec lending demand across the industry.\nI'd also note that our monthly metrics now include total sec lending revenues, so investors have even more visibility into the drivers of our net interest revenues through the quarter. Looking at fourth quarter expenses. Adjusted opex was $364 million, performing better than our outlook even while we increased our growth investments. And for share-based compensation, it was $81 million, in line with our outlook.\nThis combination drove Q4 adjusted EBITDA of $133 million, up 62% from a year ago. Now, let's move to our 2024 outlook. We aim to deliver another year of revenue growth and margin expansion. Looking at revenues.\nWith the current macro backdrop, we're finding for strong growth in 2024, driven by continued 20-plus percent net deposit growth, increasing Gold adoption, double-digit gains and trading market share, exciting new product introductions, and our diversified revenue model. And the year is off to a great start. January net deposits were nearly $4 billion, of which about one-third was net positive transfers in from other brokers. That January result was the highest monthly total since the first half of 2021, and we're seeing continued strength in early February.\nLooking at expenses. We plan to continue investing across new products, features, marketing, and international while getting more efficient in our existing businesses and managing head count growth all into low single digits. Our 2024 outlook for combined adjusted opex and share-based compensation is $1.85 billion to $1.95 billion, which is up 5% at the midpoint from last year's $1.81 billion, excluding the Founders Award Cancellation. This range includes about $85 million of quarterly share-based compensation similar to our run rate for the back half of 2023.\nAs for timing, we anticipate Q1 will likely be in the upper half of our implied range as we lean into marketing investments to start the year. We also continue to closely manage our share count. In 2023, diluted share count decreased nearly 5% due to the purchase of 55 million shares in Q3. And in 2024, we expect to manage dilution to 2% or less.\nWe believe this plan positions us to drive profitable growth again in 2024 as we grow revenues and expand margins. We'll have to see how the year plays out, but so far, we like the growth we're driving to start the year. I also wanted to share some perspective on the interest rate backdrop in 2024. First, when we look at the forward curve, the implied average Fed funds rate in 2024 is roughly the same as it was in 2023, making rates a fairly neutral input for revenue year over year.\nSecond, of our $30 billion-plus of interest-earning assets, less than half of that is rate sensitive because we pass the vast majority of cash sweep interest onto our customers. So, as rates move, we do not anticipate a significant change in the yield we earn on cash sweeps. And third and most importantly, declining interest rates tend to support growth in assets, balances, and trading. So, we think 2024 is the year when we'll see interest rates shift from being a headwind for our business growth into a tailwind.\nIn closing, we had a strong Q4 and 2023, and we have a lot of momentum to start the year. We remain focused on driving profitable growth for shareholders, as we work to maximize EPS and free cash flow per share in 2024 and the years to come. Now, I'll turn the call back to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Jason. As we enter the year, I want to highlight some of the areas we're most excited about to drive growth in 2024 and beyond. First, for winning the active trader market, we're going to continue to invest in our user experience on mobile, where we're currently No. 1 in market share.\nIn addition, we will be launching a more feature-rich professional offering on the web for active traders, and we're also working on expanding our selection of tradable assets, in particular, with index options and futures coming later this year. Second, to grow wallet share, we're focused on increasing Gold memberships and net deposits. We plan to keep investing to make Robinhood Gold even more valuable for our customers and build off the early success of our retirement offering. At the same time, we also plan to launch new products like credit cards and add new account types such as joint accounts.\nAnd third, for international expansion, after launching crypto in the EU and brokerage in the U.K., we have tens of thousands of international customers so far. What we're hearing from customers is that they want more of the full Robinhood product suite, so we're working to build that for them. We're also pursuing opportunities to expand into more jurisdictions. Reflecting on the past four years, we've tripled our customer base and grown revenues nearly seven times.\nAnd when we look at all that's in front of us, we're excited by the opportunity to continue growing Robinhood significantly from here. And we have a ton of momentum to start 2024. I want to thank our customers and team for a great 2023. The team has been working incredibly hard.\nThe road map is full. There's so much to do. Now, let's move on to questions.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nThank you, Vlad. For the Q&A session, we'll start by answering the top five shareholder questions from Say Technologies, ranked by number of votes. We have several questions that were already addressed on this call or in prior quarters and grouped together questions that share a common theme. After the Say questions, we'll turn to live questions from our analysts.\nSo, I'll kick it off with a first question from Say. This one is for Jason. Your stock price is down 70% since the IPO. What do you have in place to get your stock price back up? Is a dividend in the works to at least provide some return on investment?\nJason Warnick--Chief Financial Officer\nThanks for the question. We're hard at work on the inputs to driving value for shareholders. In 2023, we increased revenue by over $500 million and grew adjusted EBITDA even faster. And we're focused on driving revenues and profits higher in 2024.\nOver time, as we deliver on these inputs to the business, I think the stock price should follow. As for capital returns to shareholders, last year we bought back about 6% of our shares, and we'll continue to look for ways especially efficient ways to deploy our capital, including investments in growth, M&A to accelerate our road map, or returns of capital to shareholders over time. But right now, to your question, we don't have any plans for dividends.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jason. The next question is for Vlad. Vlad, what will it take to get Robinhood to the next level to start competing with Fidelity and the rest of the most common brokers?\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks for the question. So, for starters, I think Robinhood is already competing with Fidelity and the rest of the common brokers. If you look at active traders, we've been growing trading market share by double-digits. So, that's not just volume and market share.\nWe won head-to-head net asset transfers from all the other major brokerages in Q4, and that includes Fidelity. So, that means that more assets actually flowed from Fidelity to Robinhood in Q4 than the other way around. And so, to take it to the next level, we're really excited about our strategy. We think there is so much more to do for active traders.\nThe road map is full and that includes investments across a slew of areas. One, making sure that the user experience remains best-in-class and continuing to invest there. Adding new product innovations that our competitors don't offer such as 24 Hour Market. New asset classes like futures which are active traders have been really excited about and asking for.\nAnd new account types and more of the table stakes features that, we just still have to get to. So, there's a lot to do, and I should also mention, not a lot of the brokers have adopted new technologies like crypto. And that's an area where we're continuing to invest. And I see us extending our lead throughout 2024 and beyond.\nIncreasing wallet share, we've talked a little bit about the success we're seeing in driving net account transfers from other brokers. We think that there's a lot of headroom. There is a lot of improvements in our passive offerings like retirement, the road map there is full and we're very excited about the credit card. In international, we did launch in the U.K.\nfor brokerage, crypto for EU. That expands the addressable market quite dramatically. Not a lot of the common brokers even have an international presence to note. And I think over the couple -- over the next few years, we're making significant investments there.\nSo, I think if we're successful executing on our strategy, you could see Robinhood winning by even larger margins going forward.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Vlad. The next question is for Jason. Jason, Robinhood has been profitable, often on.\nDo you see Robinhood joining the S&P 500 by qualifying and being profitable four quarters in a row?\nJason Warnick--Chief Financial Officer\nWe'd love to join the S&P 500 and I think we're focused on the right things to do that, delivering consistent profitability, growing revenues even higher. Remember though, there are only 500 spots on this, and this is a committee decision. So, it's not completely in our control, but we'll keep focused on our business, and over time it would be great to be part of that index.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jason. The next question is for you, Vlad. What kind of progress should we expect from the company in 2024?\nVlad Tenev--Co-Founder and Chief Executive Officer\nSo, I'll break it down into the three areas we're focused on. For winning in the active trader market, there is user experience improvements, new assets like futures and index options. As well, as I mentioned in my remarks earlier today, we've been doing very well on mobile, we're number one in market share there. Frankly on web, we haven't been doing as well and so we're making a big investment there and we're going to be launching a more professional offering geared toward active traders.\nSo, we're very excited about that. And as we continue to execute here, you should be able to track the progress and continued market-share gains across all the assets that we offer including equities, options, and crypto. For increasing wallet share, the credit card is something we're very excited about including a special credit card for Gold customers. There's more to do on Robinhood Gold in general and in retirement.\nAnd we'll also be building and offering new account types like joint accounts. And then you should be able to track progress there by looking at our net deposits and our Gold subscribers. And then expanding internationally, we launched in the EU for crypto and in the U.K. for brokerage.\nReally what we're focused in -- focusing on is delivering more features, making those experiences more feature-rich, and building on the initial U.K. and EU momentum that we've generated. And then what you should see there is an increase in the percentage of our funded customers that come from international markets, as well as new funded customer growth over time.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Vlad. And then, Vlad, this last Say question is also for you. Please offer a yearly realized gain and loss tracker showing short and long-term gains.\nI've asked this in multiple earnings and currently have to track it manually in Excel.\nVlad Tenev--Co-Founder and Chief Executive Officer\nWell, thank you for the feedback, and thanks for continuing to ask. There is an impact you asking because this is something that the team has actually been working toward. We're working hard to make great improvements to our tax law and P&L tracking this year and we hope you will like them. So, stay tuned.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAlright. Thank you, Vlad. That concludes our shareholder questions from Say Technologies. We appreciate our shareholders taking time to ask these questions to Vlad and Jason and look forward to more next quarter.\nNow, I will return the call over to Jonathan to lead Q&A from our analysts.\nOperator\nCertainly. Thank you. One moment for our first question. And our first question for today comes from the line of Dan Dolev from Mizuho.\nYour question, please.\nDan Dolev--Mizuho Securities -- Analyst\nHey, good evening. Amazing results. Congratulations team. Really good, making me proud.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThank you, Dan.\nDan Dolev--Mizuho Securities -- Analyst\nOf course, yes. So, I was actually really, really impressed by your comment, Vlad, about the $1.3 billion of net positive brokerage account transfer. To me, it looks like you're gaining massive share. I know in the past, other brokers have said that they're taking share away from you.\nIt looks like the tide is turning, like what are you seeing now?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. I mean, we've been investing a lot in the user experience, we've been investing in the service. The product results speak for themselves. In Q4, we were net positive.\nSo, positive on a net basis for account transfers from every one of our major competitors. And these are big accounts coming in. So, what's really amazing is, I think the new functionality that we've been operating, and the service quality improvements have led to people being comfortable, moving in hundreds of thousands of dollars into Robinhood, which people wouldn't really talk about as much, but now it's becoming a destination for people's serious money. We're going to continue to double down on that.\nAgain I want to emphasize, we're not getting complacent. There is a ton of work that remains to be done and to be able to deliver these types of results and see customers coming to us from all of our major competitors in Q4. And from what we've announced so far in Q1 has just been a really positive and it's taken a ton of work from the team to both improve the product and service and get to where that's happening.\nDan Dolev--Mizuho Securities -- Analyst\nAmazing stuff. Can I squeeze in another quick question? I know it's early days, but how -- can you talk a little bit about progress in terms of accounts and traction you're getting in the U.K. because this is -- I think a huge opportunity for Robinhood, so I just wanted to see how those tractions has been going? And congrats again.\nVlad Tenev--Co-Founder and Chief Executive Officer\nAll right. Yeah, no, we're very excited about that. A big part of our strategy is making Robinhood available to hundreds of millions of additional customers. And so, I think we've talked about tens of thousands of customers in the EU and the U.K.\nalready. The U.K. is still rolling out. So, we're working toward the app being generally available to any customer in the coming months.\nAnd we know we've got a lot of work to do. There is a lot of features that exist in the U.S., that our customers expect in these markets. And especially on the crypto side, there is going to be things that we can deliver in those markets that are not available in the U.S. So, the road map is full, and both the teams have been grinding exceptionally hard to improve the product at a very fast clip there.\nDan Dolev--Mizuho Securities -- Analyst\nThank you.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Devin Ryan from JMP Securities. Your question, please.\nDevin Ryan--JMP Securities -- Analyst\nGreat. Thanks so much. Hi, Vlad. Hi, Jason.\nHow are you?\nVlad Tenev--Co-Founder and Chief Executive Officer\nI'm great.\nJason Warnick--Chief Financial Officer\nHey, Devin.\nDevin Ryan--JMP Securities -- Analyst\nA question just on kind of interest rates in trading and appreciate kind of the inverse correlation that you talked about, obviously, sitting here today with materially higher customer cash balances. And as you mentioned you're passing along the majority of that benefit the clients. So, if rates eventually do start to move lower, how are you guys thinking about the magnitude that could move back into the market from kind of those cash balances? And then just what the implications are on ARPU? Is that a net positive to ARPU or how should we think about the interplay to revenues?\nJason Warnick--Chief Financial Officer\nYeah, Devin. This is Jason. When we've looked at kind of the movement of trading activity, relative to interest rates moving up and down, we've seen a pretty strong inverse correlation there. And so, we feel really good that we've got a nice natural hedge in the business between interest rates falling and interest in trading picking up.\nAnd so, in my in my comments, I talked a bit about the passing along a big portion of the interest rates to customers on Gold suite. Looking at the average interest rates expected for '24 being roughly in line with '23, so we feel really good about that. And then as I mentioned kind of, most importantly, we think that falling interest rates create a tailwind for the business. So, overall, we feel really good about delivering strong revenue growth in this current macro-environment.\nDevin Ryan--JMP Securities -- Analyst\nOK. Terrific. And then just a follow-up here just on expenses, obviously, I think the expense guide, 5% at the midpoint is very good. And you guys sound confident you can still fund all your growth initiatives.\nSo, how do you guys think about maybe core growth and expenses over the intermediate term, maybe next three to five years? I would assume that it would be higher than that 5%. Maybe just walk us through some of the moving parts there. And then just the second part of the question is, just thoughts on leaning in more on marketing spend. I mean, you had a fantastic quarter.\nIt sounds like you're having a lot of success with these promotions. And I'm just curious if maybe makes sense to even lean in more there because it would seem to pay off. It's very good with all the momentum you have there. Thank you.\nJason Warnick--Chief Financial Officer\nGreat question. So, first of all, when we look at core expense growth this year, we actually have a plan to take that down high-single-digits, perhaps even 10%, and redirecting that spend to fund new growth initiatives. And then kind of looking out over the mid to longer-term, in terms of core growth, we think that could be low-single digits, perhaps even lower. There is still a lot of opportunity for us to drive efficiency in this business and we think we can maintain our core business and redirect the savings into growth initiatives over time.\nOn your question about leaning more into marketing, you're on the same page as the management team. That is the plan this year and we are planning to spend up to about $100 million more in marketing in 2024, which is baked into this guidance. The team is really focused on bringing in high LTV customers with that spend and where we're liking kind of the early signals that we're seeing and so we want to lean in more there.\nDevin Ryan--JMP Securities -- Analyst\nOK, that's really great color. Thank you, guys. Appreciate it.\nJason Warnick--Chief Financial Officer\nThanks, Devin.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Alex Markgraf from KBCM. Your question, please.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nHey team. Thanks for taking my question. Just wanted to come back to the account transfer and some of the disclosure around the 1% bonus offering. Just wanted to understand how the average balance transfer, I think it was $100,000 kind of stacked up against your expectations for that campaign.\nAnd then, Vlad, with some of your comments earlier, I mean, is that directionally kind of the new normal in some of these transfer campaigns or how should we think about that?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. So, I would just say looking back, over the past 10 years, we've taken market share of the trading activity. Now, we're coming for the assets too. So, our focus is increasingly going to be on driving asset growth.\nWe just completed the 1% promo for ACATS in taxable brokerage accounts. We saw over $3 billion in ACATS in from that. And now we're turning our focus on the 3% retirement promotion on rollovers and transfers for retirement accounts that runs through tax season. On average, as you pointed out, the customer is transferring assets over a much larger than kind of the average account size.\nAnd we're really excited about the momentum that's giving us to start the year.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nAnd maybe if I could just squeeze in one more. Any sort of color or observations you could share with us, the interplay between some of the spot, Bitcoin ETFs that were made available in the early part of the year as opposed to direct Bitcoin ownership?\nJason Warnick--Chief Financial Officer\nHey, Alex, this is Jason. I'll go ahead and take that. So, we're really pleased to be offering all 11 of the Bitcoin ETFs on the first day of trading, I think that was a great outcome for customers. So, far we're seeing nice interest in the ETFs, but we think it's additive.\nAbout 5% of our overall trading in crypto is through the ETF, with 95% still being on spot trading through the crypto business, and that's stabilized. So, we feel really good to offer the selection for customers. We think it increases overall market interest in crypto and also brings liquidity to the market. So, net-net, we're really pleased with the Bitcoin ETFs.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nGreat. Thanks for all the detail.\nJason Warnick--Chief Financial Officer\nYou bet.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Will Nance from Goldman Sachs. Your question, please.\nWill Nance--Goldman Sachs -- Analyst\nHey, guys. I appreciate you taking the question.\nVlad Tenev--Co-Founder and Chief Executive Officer\nHey, Will.\nWill Nance--Goldman Sachs -- Analyst\nYes. Well, I know in the prepared remarks, we're talking about, continued revenue growth and margin expansion for the year. And it sounds like that's the assumption is, it's probably coming on the revenue side more from the trading side than from NII, given the commentary around rates sort of being a push. So, correct me if I'm wrong there, if you -- if there's like an assumption around better earning asset growth.\nBut I guess my thought -- my question would be, in the earlier response to one of the questions, it sounds like there's actually a lot more growth-related investments happening underneath the surface in this expense guide, and you guys are funding that with continued operational efficiencies and doing what you guys have done an amazing job over the past two years of doing and rightsizing the expense base. So, just -- maybe can you talk about sort of how much of that growth-related investments is sort of discretionary? And if we do see some kind of reduction in either near-term trading activity? I know we saw a very nice increase and it seems like both options and crypto toward the end of the year. How -- what kind of flex is there in those growth-related investments?\nJason Warnick--Chief Financial Officer\nYeah. I mean, I think marketing is almost always considered a discretionary spend. And so, as I mentioned in my earlier response that we're leaning into marketing, that is always up to reevaluation, up or down, depending on the macro backdrop, how that changes, and also how effective the marketing spend is. And so, we'll continue to see how that plays out.\nand update as we go. In terms of the cost savings that we're realizing in our core business, I said high single digits to perhaps even 10% of cost reduction there. And we're redeploying that into new areas of our business, areas that Vlad was highlighting earlier. New growth is certainly discretionary.\nI'd say that we've decided, though, that we're pursuing these growth opportunities. And so, I wouldn't expect us to pull back there certainly in 2024. And Will, you did say rates are a push, and I agree with that. I would say that we also continue to see strong kind of double-digit growth in net deposits.\nAnd so, assets continue to improve year over year, and we're certainly starting with a higher balance at the beginning of '24 than what we saw in '23.\nWill Nance--Goldman Sachs -- Analyst\nYeah. All that makes sense. And then just questions around -- your thought process around the European expansion over the course of this year. what does that play into expectations, if any? And what's the latest thinking on when this could be a more meaningful part of the story over time? Thanks for taking the questions.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, I'll take that one. While it's still early, we really like the initial traction we're seeing. We're already seeing a healthy portion of our user growth coming from outside of the U.S. And our focus now is really rounding out the product suite, bringing more services to customers across the globe.\nWe think there's a huge opportunity for international to become a big part of our business.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Steven Chubak from Wolfe Research. Your question, please.\nMichael Anagnostakis--Wolfe Research -- Analyst\nHey, good afternoon. This is Michael Anagnostakis filling in for Stephen. I just wanted to --\nVlad Tenev--Co-Founder and Chief Executive Officer\nMichael.\nMichael Anagnostakis--Wolfe Research -- Analyst\nHey, Vlad. How are you doing? So good to hear. I just want to touch on sec lend here. Could you give us an update on where you are in the journey for the fully paid program, how much incremental penetration you think you can drive? And given the uptick has been obscured by what's a challenging backdrop, can you remind investors what you think that business can deliver from a revenue perspective in a more normal environment? Thanks.\nJason Warnick--Chief Financial Officer\nYeah. Thanks, Michael, for the question. We're really pleased with the progress that we're making on the inputs of the securities lending business, particularly fully paid securities lending equities enrolled in the program increased from Q3 to Q4 from $10 billion to $14 billion. So, really, really pleased with that, added 500,000 customers into the program a sequential quarter basis.\nI still think that there's quite a bit of headroom for us to continue to penetrate and get securities lending fully paid into the hands of our customers. It's a great way to augment yield, as we all know, and the team is hard at work to make sure customers understand that. I think that's showing up in the progress that we're making. At the at the moment, the rebate rates that we're seeing are lower across the industry.\nBut over time, I think as that normalizes a bit, the progress that we're making on inputs is really going to show through from a revenue basis.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, we think we still have room to run, and we could make meaningful progress toward heightened penetration this year.\nMichael Anagnostakis--Wolfe Research -- Analyst\nGot it. Thank you. And then I guess my follow-up, I wanted to briefly hit on expenses again, maybe in a different vein. Now, that the headcount reductions are largely in the rearview, how should we be thinking about the direction of travel for expense per head given the scalability of Robinhood coupled with the investments you're making, particularly international, where I imagine that may drive some incremental headcount growth? Thanks.\nJason Warnick--Chief Financial Officer\nYeah. So, the plan on head count is to be roughly flat to slightly up this year. So, we feel really good about the head count posture that we have. In terms of the expense per head, there does continue to be opportunity for us to get even more efficient.\nToday, the vast majority of our of our head count is in higher-cost U.S. geographies, and there's opportunity there over time. I think the real opportunity for us on head count is really just increasing revenue per employee. And there, we feel like we're just getting started.\nThere's a lot of opportunity for us to leverage the fixed-cost infrastructure that we have at the company as we grow the business over time.\nMichael Anagnostakis--Wolfe Research -- Analyst\nGreat. Thanks for taking my questions.\nJason Warnick--Chief Financial Officer\nYou bet.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Michael Cyprys from Morgan Stanley. Your question, please.\nMichael Cyprys--Morgan Stanley -- Analyst\nHey, good evening, and thanks for taking the question. Wanted to ask about crypto, an area you guys continue to invest in. I was hoping you could elaborate on the investments you're looking to make here in '24 and beyond, as well as how you envision crypto contributing to your business as you look out over the next three to five years.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. I mean, we're investing a larger amount into crypto, both in the EU and domestically. I think there is a ton of improvements left to make. Last year we were really focusing on the trader experience and providing clarity, which we believe we've made significant progress on, in just how much better our pricing is than that of our competitors.\nAnd we've seen that reflected in crypto trading market share. We've also seen, and you probably caught this announcement just in the past couple of days, our on-ramp technology of Robinhood Connect. We've been making meaningful progress there. And so, if you think about all that we have to be really, really good at to power our retail crypto offering, we've gotten really good at quick money movements, getting your fiat dollars into crypto, as seamlessly as possible through building out our transfers products.\nDelivering those funds into non-custodial wallets seamlessly. And so, Robinhood Connect really leverages that and turns that into a powerful B2B product. We announced a partnership with MetaMask a couple of days ago, and that's been one of the market leaders in non-custodial wallets. And they do a really nice thing where you can actually compare the use of different on-ramps, and they sort it by which one is the most cost-effective.\nAnd when you kind of look on that page, you see Robinhood at the top. So, I think it really shows the investments that we've made in our platform, and it's reflected in us being able to offer lower cost, not just for our consumers, but for business partners as well. And I think you'll see us chipping away at this bit by bit. We think we can be the leading player in bridging the worlds of traditional finance and crypto.\nSo, there's a lot more where that came from.\nMichael Cyprys--Morgan Stanley -- Analyst\nGreat. Just a follow-up question if I could. On the expense side, you guys continue to drive efficiency in the business. I heard you mentioned you can reduce underlying costs in '24 by up to 10% or so, understanding you took to reinvest that elsewhere.\nAnd over the medium term, you could potentially look to grow expenses at a low-single-digit pace. I was hoping you could maybe elaborate on the top contributors to that level of efficiency, the specific steps you're taking here in '24, and how those may -- those steps may differ as you look out over the medium-term to hit those particular targets if you want.\nJason Warnick--Chief Financial Officer\nYeah. Sure. I mean, we've been really kind of fine-tuning our skills over the last couple of years in terms of efficiency. We are focused on business process efficiency using technology.\nWe have a team that we have spun up that helps the business, find opportunities to improve efficiency. One project we just finished was on recruiting. And we think we can save 20% to 40% of our time just on the recruiting process from optimizing our business steps that are involved. As I mentioned earlier, I think there is opportunity for us over time in terms of place of work, with the vast majority of our employees working in high-cost locations within the U.S.\nThat's something that we can make progress on in '24, as well as beyond. So, those are the big levers that I'd point to.\nMichael Cyprys--Morgan Stanley -- Analyst\nGreat. Thank you.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of John Todaro from Needham and Company. Your question, please.\nJohn Todaro--Needham and Company -- Analyst\nGreat. Thanks for taking my question, and congrats on the beats. I guess I have two here, both on the crypto components. The Bitcoin ETF versus buying Bitcoin directly on the platform, you had mentioned earlier about 5% of overall crypto you thought was flowing into the ETF.\nSo, was that 5% that migrated away from buying Bitcoin directly, or was that an additive 5%?\nJason Warnick--Chief Financial Officer\nYeah. We saw it was mostly additive. There were some traders that sold out a spot and got to ETF, but that was really more of the exception. And we also offer the ETFs in our retirement accounts, which accounted for some of the pickup as well.\nSo, overall, we don't view this as cannibalization. It's additive and we think it's really good for customers as well.\nJohn Todaro--Needham and Company -- Analyst\nGreat. Thanks for that. And then just one more on the MetaMask integration. I think that's really interesting.\nIt does kind of pivot Robinhood to be more of that fiat onramp to the ecosystem defi on chain stuff. Just curious though, what is kind of the monetization strategy with that integration, short term and then longer term?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, so we collect fees on the activity of the on-ramp, so that's the primary source of monetization. And then any trading on our platform for that on-ramp also would show up in our transaction-based revenues.\nJohn Todaro--Needham and Company -- Analyst\nGot it. Understood. Thanks.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Patrick Moley from Piper Sandler. Your question, please.\nPatrick Moley--Piper Sandler -- Analyst\nYeah, thanks for taking the question. I just had one on Robinhood Gold. Just hoping you could update us kind of on how you think about pricing there. With the expanded offerings that you're adding, $5 a month seems like somewhat of an inexpensive price to pay.\nSo, just hoping you could update us on your thoughts there. And then maybe as we look internationally, how you sort of think about taking the subscription model overseas and how you see that playing out with a different kind of geographic customer mix. Thanks.\nJason Warnick--Chief Financial Officer\nYeah, this is Jason, I'll start and we'll see if that has any additional color. We love the Gold program, Gold members have an ARPU that's multiples of our average ARPU. And you're right, the $5 a month it's just a screaming deal. We want it to be obvious for every customer that they should be a Gold subscriber.\nSo, we'r Last 60 Days of Bitcoin's Closing Prices: [42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-14 Financial & Commodity Data: - Gold Closing Price: $1990.30 - Crude Oil Closing Price: $76.64 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $997,253,012,388 - Hash Rate: 521699388.4990767 - Transaction Count: 296717.0 - Unique Addresses: 586548.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After approval from the Securities Exchange Commission, and their subsequent launch on Jan. 11, spot bitcoin ETFs fell 15% over their first nine trading days, as measured by theiShares Bitcoin Trust ETF (IBIT). Through Jan. 29, IBIT’s price was more than 10% higher than its post-launch low. Will IBIT and the other new spot bitcoin exchange-traded funds continue their march higher? Bitcoin’s price isn’t known for moving in a straight line, but there are multiple factors that support higher prices for BTC in 2024, lifting the ETFs that track it. A contributing factor to the post-launch decline in the value of spot bitcoin ETFs was the heavy outflows from theGrayscale Bitcoin Trust (GBTC). While outflows are still occurring for GBTC, they’ve slowed significantly, and in response, the price of spot bitcoin ETFs like IBIT have risen more than 10%. Through Jan. 26, total outflows from GBTC reached $5 billion, most of which was profit-taking after its conversion to a spot bitcoin ETF following years of trading as a closed-end fund at a discount to net asset value. Investors aiming for an arbitrage trade bought GBTC at steep discounts last year expecting to profit by selling at par after the fund converted to a spot bitcoin ETF. The largest known example of GBTC outflows came from the FTX estate, which sold approximately $1 billion of GBTC shares to pay its creditors. The crypto exchange giant filed for Chapter 11 bankruptcy protection in November 2022 amid balance sheet irregularities that eventually led to the conviction of its CEO,Sam Bankman-Fried, for defrauding customers. Bitcoin, the best known and largest cryptocurrency by market capitalization, has historically performed well after each halving (also called a halvening). If you’re new to crypto,bitcoin halvingsin the Bitcoin network occur every four years. The halving process is designed to control the supply of new bitcoins and gradually reduce the rate at which new coins are introduced into circulation. Bitcoin’s history has included three halvings, which have all spurred a similar pattern of substantial rallies leading up to the event followed by brief price corrections and then more significant surges. For example, bitcoin rose above $1,000 for the first time about seven months after the 2016 halving from 25 to 12.5 bitcoin, and hit an all-time high above $69,000 after the 2020 halving to 6.25 bitcoin, according to CoinGecko, a crypto data platform. What’s important for investors to remember is that price volatility is to be expected leading up to and following the halving event. Technical indicators point to higher prices for bitcoin in the months ahead. Bitcoin's price is primarily driven by supply and demand in the cryptocurrency market, and not traditional valuation metrics like P/E ratio, making technical analysis useful to visualize historical price movements and identify potential support and resistance levels. For example, 10x Research’s Founder Markus Thielen, whocorrectly predictedbitcoin’s decline to $38,000,correctly forecastin a note Monday that BTC would reach $43,000, which was crossed this week. Thielen’s bullish view is based on the Elliot Wave theory, in which the market moves in a repeating five-wave patterns, like surfing an ocean swell, with corrections in between. According to Thielen, bitcoin has been in a five-wave bullish pattern since early last year, and wave five has begun, potentially taking BTC’s price above $50,000. Google recentlyannouncedthat advertisers offering “Cryptocurrency Coin Trust targeting the United States may advertise those products and services” beginning last Monday. In the announcement, Google further defined the products and services as those “that allow investors to trade shares in trusts holding large pools of digital currency,” which would include spot bitcoin ETFs. While the ability to advertise a spot bitcoin ETF on Google does not automatically ensure that the new spot funds will rise in value, it does underscore the legitimacy of the investment product and will certainly raise its awareness to the mainstream public. Bitcoin whales are individuals or entities holding massive amounts of bitcoin, giving them the potential to significantly influence the market through their buying and selling activities. These large investors haveaccumulated $3 billionin bitcoin this month, according to data tracked by on-chain analytics firmIntoTheBlock. With the SEC approving11 spot bitcoin ETFsin January 2024, it opened a significant new avenue for investor access to bitcoin with a familiar, regulated ETF structure. This could lead to a rise in institutional and retail investment, increasing demand and prices. Other factors, including the highly anticipated halving, could also support higher prices for the cryptocurrency. Investors should remember that bitcoin is a speculative investment security with high potential for wide price swings. Therefore, diversification is crucial, and investors are encouraged to conduct thorough research and assess their risk tolerance before investing in any ETF. If an investor decides to buy shares, they should consider allocating only a portion of their portfolio to a spot bitcoin ETF. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On Valentine\'s Day, investors expressed their love for all things crypto by trading up -- substantially, in numerous cases -- the prices of digital coins and tokens, plus the securities of companies associated with digital money.\nLeading altcoinEthereum(CRYPTO: ETH)was a beneficiary, as it was sailing 5.4% higher in late afternoon trading. While that gain was impressive, it didn\'t hold a candle to crypto mining equipment specialistCanaan(NASDAQ: CAN), whose American Depositary Receipts (ADRs) closed the day almost 32% higher. Behind Canaan, minerTeraWulf(NASDAQ: WULF)rose by more than 12%.\nBitcoin(CRYPTO: BTC)is the world\'s first cryptocurrency, and a decade-and-a-half after its introduction it\'s still by far the most influential one. When it does well, more often than not other coins and tokens, plus cryptocurrency mining companies, tend to fall in lockstep.\nHappily for holders of those assets,Bitcoinwas quite the standout on Wednesday. After a bit of a slump Tuesday it again leapt the $50,000 mark, settling comfortably at just shy of $52,000 late in the day. The stream of investment intospot Bitcoin exchange-traded funds (ETFs)has shown no sign of ebbing, and what\'s good for those securities is grand for their foundational asset.\nOther factors are keeping the buy fire burning. Wednesday morning, online crypto news outlet Coindesk.com reported that European Union (E.U.) officials had drafted and circulated a document on an upcoming meeting of the E.U.\'s financial services committee. This event, scheduled to take place in April, will concern cryptocurrency regulation in the 27-country economic bloc.\nAccording to Coindesk, the paper outlines discussion points for the meeting. These include topics such as licensing and the implementation of the recently enacted Markets in Crypto Assets set of laws. Most intriguingly, there is mention of a digital euro; presumably this would be the "official" E.U.-wide cryptocurrency.\nThe E.U. document is only the latest in a string of indications that top regulators around the world are not only taking cryptos seriously, they are also accepting that these assets are part of the fabric of their economies. As these assets become more accepted and entrenched, we can also see markets like Europe adopting the latest crypto innovations.\nWhich leads to a question: Are spot crypto ETFs about to start being developed overseas too?\nI think it\'s more than likely. There\'s a curiosity and hunger for crypto around the world, yet a major stumbling block remains the software and tech know-how required to simply transact in coins and tokens. At a stroke, spot ETFs remove this requirement, as they are securities easily traded on exchanges. We are only at the beginning of the spot crypto ETF revolution.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Altcoins and Crypto Mining Stocks Were on Fire Todaywas originally published by The Motley Fool', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, Feb 15 (Reuters) - Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, with the IT index surging more than 2%. Taiwan stocks spiked 2.6% higher, with chipmaker TSMC up nearly 8%.\nHong Kong\'s Hang Seng Index eased 0.67% in early trading. China\'s markets are closed for the week due to the Lunar New Year holidays.\nOn Wednesday, Wall Street ended sharply higher as ride-hailing platforms Lyft and Uber rallied, while Nvidia displaced Alphabet as the U.S. stock market\'s third-most valuable company.\nJapan\'s Nikkei remains on the charge and rose in early trading to 38,127, its highest since January 1990 and was inching closer to surpass its record high.\nThe yen edged higher but traded near the psychologically important 150 per dollar level. The yen was last at 150.26 per dollar.\nThe 150 level on the pair has been seen in the past as a potential catalyst for intervention by Japanese monetary authorities. It was just past this level that led them to intervene to shore up the yen in late 2022.\nData on Thursday showed Japan\'s economy slipped into recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, raising uncertainty about the central bank\'s plans to exit its ultra-easy policy this year.\nThe market\'s expectations for a March/April rate hike will likely die down, according to ING economists, who maintained their Bank of Japan call for a June rate hike but with the growing possibility of delay to the third quarter of 2024.\n"Inflation is also slowly easing, which, combined with another year of solid wage growth means that private consumption is likely to rebound. If so, we continue to believe that the BOJ will deliver its first rate hike in June."\nFED PATH\nInvestor expectations of early and deep interest rate cuts by the Fed have been besieged by a slew of data that has underscored the resiliency of the U.S. economy and labour market, with data this week showing persistent inflation.\nData on Tuesday showed consumer prices rose more than expected as rental housing costs jumped.\nTraders are now pricing in an 82% chance of a cut in June, the CME FedWatch tool showed, further pushing back the starting point of the U.S. central bank\'s easing cycle. Markets at the end of 2023 had priced in rate cuts starting as early as March.\nWhile the timing of the first-rate cut may have been postponed, the disinflation trend has not been altered by one month\'s data, Saxo strategists said in a note.\nThe Fed\'s path back to its 2% inflation target rate would still be on track even if price increases run a bit hotter-than-expected over the next few months, Chicago Fed President Austan Goolsbee said on Wednesday, adding that the central bank should be wary of waiting too long before it cuts interest rates.\nThat sent Treasury yields lower, with the yield on 10-year Treasury notes slipping 3.5 basis points to 4.232% in Asian hours.\nThe dollar index, which measures the U.S. currency against six rivals, eased 0.01% to 104.67 but remained near its three-month high of 104.97\nBitcoin rose to its highest since December 2021 and was last at $52,020, with the total value invested in bitcoin surpassing $1 trillion on Wednesday for the first time since November 2021 on strong inflows.\nU.S. crude fell 0.47% to $76.28 per barrel and Brent was at $81.26, down 0.42%.\n(Reporting by Ankur Banerjee; Editing by Jacqueline Wong)', 'Adam Minick; Investor Contact; CME Group Inc.\nDerek Sammann; Senior MD and Global Head of Commodities, Options Products & International Markets; CME Group Inc.\nJulie Winkler; Senior MD & Chief Commercial Officer; CME Group Inc.\nLynne Fitzpatrick; CFO; CME Group Inc.\nSunil Cutinho; Chief Information Officer; CME Group Inc.\nSuzanne Sprague; Senior MD and Global Head of Clearing & Post-Trade Services; CME Group Inc.\nTerrence A. Duffy; Chairman & CEO; CME Group Inc.\nTim McCourt; Senior MD and Global Head of Financial & OTC Products; CME Group Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nAlexander Kramm; Executive Director and Equity Research Analyst of Exchanges, Ebrokers; UBS Investment Bank, Research Division\nBenjamin Elliot Budish; Research Analyst; Barclays Bank PLC, Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nChristopher John Allen; MD; Citigroup Inc., Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nKyle Kenneth Voigt; MD; Keefe, Bruyette, & Woods, Inc., Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nOwen Lau; Associate; Oppenheimer & Co. Inc., Research Division\nSimon Alistair Vaughan Clinch; Research Analyst; Redburn (Europe) Limited, Research Division\nOperator\nGreetings, and welcome to the CME Group Fourth Quarter and Year-End 2023 Earnings Call. (Operator Instructions) I would now like to turn the conference over to Adam Minick. Please go ahead.\nAdam Minick\nGood morning, and I hope you\'re all doing well today. We released our executive commentary earlier today, which provides extensive details on the fourth quarter and full year of 2023, which we will be discussing on this call. I will start with the safe harbor language and then I\'ll turn it over to Terry.Statements made on this call and in the other reference documents on our website that are not historical facts are forward-looking statements. These statements are not guarantees of future performance. They involve risk, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any statement. Detailed information about factors that may affect our performance can be found in the filings with the SEC, which are on our website.Lastly, on the final page of the earnings release, you will see a reconciliation between GAAP and non-GAAP measures.With that, I\'ll turn the call over to Terry.\nTerrence A. Duffy\nThank you, Adam. And as Adam said, thank you all for joining us this morning. I\'m going to start by giving a little color on the broader environment. Following that, Lynne will provide an overview of our financial results and our 2024 guidance. In addition to Lynne, we have other members of our management team here to answer questions after the prepared remarks.2023 was the best year in CME Group\'s history with a record average daily volume of 24.4 million contracts, up 5% from 2022. This growth was led by records in both agriculture and interest rate products, which for the year were up 17% and 16%, respectively. Options average daily volume across all asset classes also set a record with ADV of 5.1 million contracts, up 23% versus last year. Lastly, our non-U.S. average daily volume increased to a record 6.8 million contracts.Last year, I referred to 2023 as a new age of uncertainty, and that uncertainty extended throughout the year. We experienced continued inflation, rising cost of capital, increasing geopolitical tensions and shifting perceptions around the Fed\'s interest rate policy. All of these factors contributed to our customers\' growing need for risk management, capital efficiencies and demand for our products.Following the very strong performance of our business in 2022 and 2023, we have seen the speculation that our interest rate business could face headwinds based on the expectation that the Fed will start to lower interest rates this year.In my 40-plus years in the industry, I have observed that regardless of whether rates are going up or down, our volumes are typically higher during periods when the change of rates is uncertain, as is the case today. I\'ve never seen such a disparity in opinions on what the Fed may or may not do. And I believe that is a tailwind for CME Group and our rates products.I mentioned earlier that our interest rate volume was up 16% in 2023 with 4 Fed rate hikes during the first half of the year, building off record volume levels of 2022. In contrast to the view that a rising rate environment is optimal for our interest rate complex, our volume actually grew and accelerated since the Fed stopped raising rates in July of last year. In the 6 months from August of \'23 to January of \'24, our rates volume is up 24% year-over-year.I would also like to comment on the dynamics in the crude oil marketplace, following the Russian-Ukraine war and other geopolitical factors that influenced the price of energy. WTI, or West Texas Intermediate, has become even more relevant to our customers in Europe and Asia and cemented its position as a primary reference price for crude oil globally. As the primary market for WTI trading, we continue to generate growth and expanded end-user client participation through developing and investing in new contracts, such as CME Group\'s Argus Gulf Coast contract.In a very short period of time, these contracts have generated significant commercial participation with current open interest over 500,000 contracts. As indicated by the open interest, it\'s clear that the commercial participants prefer CME Group\'s Argus Gulf Coast contract. We continue to remain focused on the growth of these contracts, along with creating capital and technological efficiencies in the entire suite of CME Group\'s energy complex. This anchors CME Group as the global leader in West Texas intermediate.Moving into 2024, we continue to see a wide range of views as it relates to the health of the global economy, whether it\'s inflation, unemployment or monetary policy. Also, there are ongoing geopolitical tensions and supply chain disruptions continue in certain parts of the world. Additionally, we\'re approaching political elections in over 60 countries this year. The uncertainty of those elections and the policies that could come from that are basically unknown to all, which only leads to market participants continuing to manage risk.All that being said, 2024 is still very much the age of uncertainty and our products remain critical risk management tools for our clients. We have seen this reflected in our strong start to 2024, where we delivered our highest January average daily volume in our history of 25.2 million contracts, which is up 16% relative to last year.With that being said, I\'m going to turn the call over to Lynne, and we look forward to taking your questions.\nLynne Fitzpatrick\nThanks, Terry. In addition to the volume records Terry discussed, we delivered record financial results in 2023.Our revenue of $5.6 billion grew 11% compared to 2022. Our annual adjusted expenses, excluding license fees, were approximately $1.526 billion, including $56 million related to our cloud migration. In aggregate, our adjusted operating expenses were $9 million below our annual guidance. Our adjusted operating margins for the year expanded to 66.9%, up over 200 basis points from 2022. We delivered $3.4 billion in adjusted net income, resulting in 17% earnings per share growth for the year.During the fourth quarter, CME Group generated more than $1.4 billion in revenue, a 19% increase from Q4 2022 with average daily volume up 17%. Market data revenue grew 9% from last year to $167 million. Expenses were very carefully managed and, on an adjusted basis, were $490 million for the quarter and $393 million, excluding license fees and $16 million in cloud migration costs.CME Group had an adjusted effective tax rate of 21.7%, which resulted in adjusted net income of $865 million. Our adjusted EPS was $2.37, up 23% from the fourth quarter last year and represented our 10th consecutive quarter of double-digit earnings growth. Capital expenditures for the fourth quarter were approximately $23 million and cash at the end of the year was $3.1 billion. CME Group declared over $3.5 billion of dividends during 2023, including the annual variable dividend of $1.9 billion, which was paid in January.Turning to 2024 guidance. We expect total adjusted operating expenses, excluding license fees but including cloud migration expenses, to be approximately $1.585 billion. Total capital expenditures, net of leasehold improvement allowances, are expected to be approximately $85 million and the adjusted effective tax rate should come in between 23% and 24%.Finally, in November, we announced transaction fee adjustments, which became effective February 1. Assuming similar trading patterns as 2023, the fee adjustments would increase futures and options transaction revenue approximately 1.5% to 2%. Taken in aggregate with the fee changes for market data and noncash collateral, which took effect January 1, the fee adjustments would increase total revenue by approximately 2.5% to 3% on similar activity to 2023.In summary, we\'re very proud of the results we were able to deliver as a firm this year, driving 11% revenue growth and 17% adjusted earnings growth from our previous record year of 2022.We\'d now like to open up the call for your questions. Thank you.\nOperator\n(Operator Instructions) Our first question is coming from the line of Dan Fannon with Jefferies.\nDaniel Thomas Fannon\nMaybe, Lynne, just to start on expenses, can you talk about what the areas are for investment in 2024 and how that might be different than what we saw last year, where dollars went last year? And then also just on the Google partnership, can you update us on the progress there and maybe what you are expecting in terms of contribution as we think about 2024 and 2025 from that relationship?\nLynne Fitzpatrick\nOkay, sure. I\'ll start on the investment fee. So if you look at the guidance, we are expecting expenses to increase by $60 million year-over-year. That is inclusive of the migration spend. So of that $60 million, about $15 million is an increase in the migration expense.As a reminder, we do expect to have incremental migration expenses this year and next year before we get to cash breakeven and ultimately cash flow positive. The remaining $45 million in increase is related to core expense growth. And that\'s in the 3% range, very similar to what we\'ve seen historically. In terms of Google, I\'ll let some of my...\nTerrence A. Duffy\nDan, Sunil and Julie will...\nSunil Cutinho\nIn terms of progress on Google migration, we intend on making substantial progress with migrating clearing, business information systems and market regulatory systems to the cloud platform. Some of these regulated workloads are, of course, subject to a no objection approval from regulators. But we intend on making significant progress even on the data side. I\'ll now hand over to my colleague, Julie Winkler, who will talk about data and data products.\nJulie Winkler\nThanks for the question, Dan. And on the client side with Google, we\'ve really been focused on areas that we believe are going to enhance our clients\' abilities to really engage in our market and utilize these offerings. The technology with Google Cloud is something that we\'re able to leverage. And so our -- we\'ve been really focused on where we can enhance our data services business, things like performing the trade execution analytics that we\'ve talked about, which is something very unique in terms of our ability to use proprietary data and benchmarking.And we expect to be rolling that out here in 2024. And also, a lot of interest from our clients around supporting them to help them better manage their risk, and so looking at how we do that both with data and analytics that we are providing with them. So we\'re on track. We\'ve continued to roll out a number of new data services products throughout the year. And as Sunil pointed out, the speed and velocity of which we\'re able to deliver has certainly increased now that our core data is in the cloud.\nOperator\nOur next question is coming from the line of Alex Kramm with UBS.\nAlexander Kramm\nJust wanted to come back to the pricing comments you made at the end of your prepared remarks there, I think 1.5% to 2% on the futures side. I think that\'s kind of back to pre-inflation, a high inflation environment, maybe even on the lower side.So can you maybe just talk about how you thought about the price increases here? It seems like inflation is still somewhat elevated, but then obviously curious if -- to what degree client feedback, competitive dynamics are impacting that, if at all.\nLynne Fitzpatrick\nAlex, thanks. I think we\'ve looked at it in several pieces. One is the clearing and transaction fee, which did increase in the 1.5% to 2% range. But keep in mind, we do think about the different levers of pricing and how they impact different parts of our customer base. So we did increase the collateral fees this year, going from 7 basis points to 10 basis points. And we did increase the market data fees as well.So in aggregate, the total fee change will result in about 2.5% to 3% in total increase in revenue. We want to make sure we\'re taking that balanced approach because different fee changes like the transaction fees will impact certain segments whereas collateral fees will impact different segments. We\'re always looking to balance that impact and make sure we\'re not overly burdening one part of our customer base.\nOperator\nOur next question is coming from the line of Owen Lau with Oppenheimer.\nOwen Lau\nSo CME and DTCC just launched the enhanced cross-margining arrangement. Could you please talk about the initial feedback from your clients? And please remind us the implication to your clients and to CME longer term about this initiative.\nTerrence A. Duffy\nThanks, Owen. and I\'m going to turn it to my colleague, Suzanne Sprague, the President of our clearinghouse and heads up our clearing and risk. And she can give you some fairly good color as it relates to the DTCC arrangement.\nSuzanne Sprague\nYes. Thanks, Terry, and thanks for the question. Although it is early days of the program since the launch just a few weeks ago, we do have eight clearing members that are live with the programs. And some portfolios are already seeing consistent savings of 75% to 80%. So we\'re happy with the uptake of the program that we\'ve seen so far, although it is early days and we continue engaging with those clearing members to increase the onboarding and the efficiencies that they\'re able to achieve through their portfolio savings.\nTerrence A. Duffy\nAnd Owen, I think just to add to what Suzanne said, as you know and others on the line know, over the last year or so, our former colleague that headed up that business, Sean Tully, talked about the efficiencies that would go along with getting us into the offsets with DTCC in the ranges of anywhere from 40% to 80%. And so Suzanne\'s numbers of 75% to 80% are on the high end of what we were originally looking for. So this is a very exciting opportunity for us and, more importantly, our client base.\nOperator\nOur next question is coming from the line of Ken Worthington with JPMorgan.\nKenneth Brooks Worthington\nI wanted to dig further into your comments, Terry, on energy and market share and sort of business shifts in that market. You called out Argus as sort of a preferred crude contract. I was hoping to get more color on crude more broadly and also what you\'re seeing in gas.So for crude, what are you seeing in terms of share and participation? And to what degree is the addition of Midland to the Brent marker altering behavior? And in natural gas, it seems like options and globalization seem to be the story here. I was hoping you could provide some perspective.\nTerrence A. Duffy\nSure, Ken. There\'s a little bit to unpack there. So I\'m going to take part of it. I\'m going to take some of it and ask Mr. Sammann to comment on the gas and the back part of your energy question.But when we talk about our Argus contract, we\'re talking about a contract that is based out of the same region that there\'s a competitive contract trading as well. We\'re just pointing out that our contract is very much attracted by the large commercial participation with a reflection of over 0.5 million open positions compared to others in the same region that have the same risk characterizations as ours. So we think that\'s very much a net positive for us.As far as market share goes, Ken, being around a long time, like unfortunately I said earlier, when you look at markets that are in a 10-month range of less than $10 a barrel in energy, you will see shifts in behavior -- shifts of percentage points here or there going back and forth depending on what\'s going on, on any given day. So that doesn\'t surprise us. We\'ve seen that historically since we acquired the New York Mercantile Exchange.So those are things that I\'m not surprised by in this low-vol environment. So that being said, let me -- that gives you an understanding of what we\'re talking about in the Midland area and also about the percent changes going back and forth in low-vol times. And then I\'ll ask Derek to comment on the gas and on the options as well, I think, was the other part of the question.\nDerek Sammann\nYes. Thank you. Let me take a step back a little bit. And I think important to note that our WTI franchise is bigger than just our CL contracts. So I want to point out a couple of ways that we continue to invest and innovate and grow our overall WTI portfolio in this range-bound and quiet volatility market.Terry mentioned one of those, which is the crude grades contracts. And that\'s a growth story with a significant participation in the commercial end-user base. And that\'s reflective of WTI now being part of the Brent assessment. And that just means that further cements WTI as a global benchmark.Secondly, we continue to expand our WTI options franchise. We added expanded weekly expirations, Mondays and Wednesdays. That\'s driving 35% growth in our crude and refined options business so far this year. Third, we continue to invest in our micro contracts. We have ADV of around 100,000 contracts, 50,000 unique traders in that market. And products overall have been a great entry point for new client acquisition.A lot of these customers have never traded in energy contract before. So we continue to onboard new clients through that. So all these products in our broader WTI portfolio reinforce WTI as the main benchmark globally to contribute stronger to the overall energy franchise growth we\'ve seen into 2024 with overall energy up 21% and our options growth particularly up 87%.Moving it over to natural gas, Ken, you\'re right, that\'s -- it\'s a significant story. And I think when you look at the fact that the U.S. has now become a significant both producer and exporter of natural gas, that really has positioned Henry Hub as a central benchmark globally for LNG as natural gas continues to be consumed globally.When you look at that business over the course of the last year, you\'ve seen significant growth. Globalization, you\'re absolutely right, when you continue to see the growth that we\'ve seen in 2023, we saw our European nat gas volumes up almost 50%. And we\'re seeing that business up almost 100% so far in the first 6 to 7 weeks of 2024.When you look at both the commercial participation, natural gas was up 30% with our commercial participants last year. It\'s up 50% so far this year. And the buy-side clients was up 50% last year and 80% this year. So it\'s a global story. It\'s a story that\'s been adopted by buy-side and commercial participants. And it\'s a global story for us.I think the last piece of that is the central role that options continues to play. In markets as volatile as we have seen in natural gas options, we\'re the optimal tool for the way customers interact with this business. So when you look at our nat gas options business set a record last year of over 150,000 contracts, up over 40%, and the vast proportion of that was onscreen. And 2024 has started extremely strong with almost 300,000 contracts so far and nat gas options up over 100%. So overall, it\'s a globalized story. It\'s one we continue to engage and one that\'s true to our story.\nTerrence A. Duffy\nKen, hopefully, that gives you a little bit of color on the energy markets in the Gulf Coast and other places.\nKenneth Brooks Worthington\nThat was excellent.\nOperator\nNext question is coming from the line of Brian Bedell with Deutsche Bank.\nBrian Bertram Bedell\nIf I could just ask a two-parter, just one on -- a little bit of a clarification on the market data price increase that\'s coming into that 2.5% to 3%. If I back out the collateral increase in 7 to 10, it looks like the market data increase is maybe less than the increase for the RPC. Just wanted to gauge that.And then just secondarily, maybe just if you can talk about the development of incremental trading volume from the DTCC arrangement, just your views on to what extent that capacity increase for the clients will make its way into more trading volume and the rates come off.\nTerrence A. Duffy\nOkay. Thanks, Brian. Lynne will touch on the data as the market data pricing changes that you referenced. And then I\'ll have Tim McCourt and probably myself touch a little bit on the trading volume as it relates to DTCC and the arrangement associated with it. Lynne?\nLynne Fitzpatrick\nYes. So the pricing changes that went into market data were in the range of 3% to 5% across the majority of our data products. The total impact is going to come down to subscriber count, customer and product mix, just like we see on the transaction side. But most of the products went up in that 3% to 5% range.\nTerrence A. Duffy\nDoes that get to your question on the data, Brian?\nBrian Bertram Bedell\nYes, that answers it.\nTerrence A. Duffy\nSo on the trading volume question that you had as it relates to the DTCC arrangement, was that the second part?\nBrian Bertram Bedell\nYes, yes, in terms of the -- your expectations for volume improvement, given the capacity improvement from the client base that\'s trading rate futures.\nTerrence A. Duffy\nYes, we\'re always cautious on expectations, but let me go ahead and have Tim start a little bit with the client base on how they\'re reacting to it. And I think you\'ve got a little bit of a flavor for it on the previous answer that Ms. Sprague gave as it relates to the clients that are using it already, getting the 75% to 80% efficiencies with their margin portfolios. But Tim, let me turn to you for some comments.\nTim McCourt\nThanks, Terry, and thanks, Brian. As Terry said, it\'s very difficult, almost impossible, to forecast the impact on trading volumes going forward. But if we look back over the years, increasing capital savings and delivering capital efficiencies to clients has been a strong tailwind for our business in terms of increasing the ability of our clients to manage risk at CME by unlocking those capital efficiencies.And if we look at an analog perhaps is when we look at the portfolio margin savings on our futures and options complex against the cleared interest rate swap business, that has grown over the last several years to about $7 billion to $8 billion of savings per day. And we\'ve seen commensurate growth in volume NOI.Hard to draw a strict relationship, but tried and true increasing capital efficiencies, increase the ability of our clients to efficiently manage their risk, provide enormous volume benefits in terms of the offsets available. And we\'ll continue to watch it developing, but hard to give an exact number at this point in time.\nTerrence A. Duffy\nAnd Brian, the only thing I would add to that, you have to look at what we talked about earlier today and you see the entire 2023, especially going into the end of Q3 and the beginning of Q4 of \'23. We saw the record open interest in our treasury complex across the curve, which is very encouraging for us. So from our standpoint, owning a cash platform and owning the largest listed business in the world, this is very exciting for us.We\'ve talked all along about futurization of products. You\'re seeing that more and more every single day, the electronification of different products. And with the growth in our rates business going into last year, I think it was just another example that with a record open interest in trade coming into our treasury complex. So from the growth, it\'s hard to say what the growth is coming from or what\'s driving it. But by owning both platforms, we can -- we get the benefits either way. And we saw the benefits really materialize on the futures side in 2023, especially in Q4.\nBrian Bertram Bedell\nThat\'s great perspective.\nOperator\nOur next question is coming from the line of Benjamin Budish with Barclays.\nBenjamin Elliot Budish\nTerry, in your prepared remarks, you talked about expanding end-user client participation. I was wondering if you could expand upon that a little bit, both in the energy complex. And on the rate side, are you seeing sort of more activity from your existing client base? Are you seeing more participation from maybe new institutions that are increasingly engaging in the sort of risk management behavior?\nTerrence A. Duffy\nYes. Thanks, Benjamin. And I\'ll start with the rates just for a minute and my colleagues can jump in if they\'d like, especially Julie Winkler, who\'s in charge of our new client acquisition. But on the rate side, I think a lot of it goes to what I just said on the futurization of the marketplace and people trading more and more futures contracts versus maybe particular other venues.And that\'s an ebb and flow situation. So I\'m not saying it\'s going to continue at the pace it continued in \'23. And I\'m not saying it\'s not either though. So I like the way the trajectory is. And I think a lot of the clients, when you look at what happened with the duration risk through 2023 for a lot of different participants, they are now looking at using the marketplace, which are most deep liquid markets which are ours, to mitigate and manage that risk. So I think we\'re seeing it from them.As you know, the direct clients, we can see, but some of them are coming through our major banks, so we don\'t know exactly who the client is to the person or the entity. But you can definitely see that people are looking at the fundamentals that are going on around the world and using our marketplace to use it. So I think that\'s part of the new clients.On the energy side, I think when you look at the new clients, I think you\'d have to be exceptionally excited by the commercial energy participants that Derek referenced, especially in the Gulf Coast contracts. We\'re looking at close to 80 different commercial participants that are trading in those Argus contracts that we referenced earlier. So that\'s a growth for us on the energy side.So this is all part of it. So we\'re not just looking at retail or other proprietary trading. We\'re looking at true commercial participation, which is a reflection of the health of anyone\'s marketplace. So I think that\'s what\'s really exciting for us as we look at the new clients coming into our marketplace. And I\'ll ask my colleague, Ms. Winkler, to make some further comments.\nJulie Winkler\nYes. I think Terry is absolutely right. And the two segments that I would just hone in on, Benjamin, that we saw particularly double-digit growth from last year was really the buy side and the commodities -- or sorry, the commercial segment as well. And so when we look at that, we saw really strong ADVs from asset managers, again double-digit, the buy-side clients that really are looking at our products because of the regulatory environment, the liquidity and also the capital efficiencies that we offer.And so the products that I\'d say they were most interested in and what we saw, almost half of that growth was coming from interest rates with all of the volatility and movement that we saw last year but also a lot of interest in our commodity suite, so hedge funds, managed funds that are really looking at CME\'s agricultural portfolio and also more esoteric products, things that we offer like milk and lumber, because they\'re looking to diversify their risk profiles and also access those uncorrelated markets. And so it\'s another sign of our really diverse product portfolio meeting customer needs.On the commercial side, double-digit growth both in terms of revenue and ADV last year. And that was really as they were looking to hedge their physical positions, manage that risk exposure, saw good uptake in some of our new industrial metals, the energy companies that we talked about before. And I think this trend is -- speaks to the transparency, the efficiencies and the well-regulated futures markets that we offer. And then internationally, I think particularly in Europe, on the short-term interest rate side, we saw some really strong performance and also interest across our commodities and FX suite. So I think we have a lot to build on as we look into 2024 but very strong performance in those areas last year.\nTerrence A. Duffy\nThanks, Julie. And Benjamin, let me end on this note as it relates to that. I think it\'s really important, and we don\'t state it enough. As it relates to our rates business especially, you look at some of the largest participants who I referenced earlier. Between their activity in swaps and futures, and futures is a critically important point here, they\'re saving roughly $8 billion -- $7 billion to $8 billion a day in margin efficiencies where they could deploy that capital in other activities, whether it\'s trading or other parts of their business.That\'s hard to replicate. And that is a benefit to the largest clients in the world that can use that money to be deployed elsewhere. So that has grown substantially since 2015. So that\'s been a big growth driver for us over the last 8.5 to 9 years as well.\nOperator\nOur next question is coming from the line of Alex Blostein with Goldman Sachs.\nAlexander Blostein\nI was hoping we could dig into the equity business a little more and specifically just talk about the competitive dynamics between you guys and Cboe\'s contracts. We\'ve seen the divergence in kind of volumes and market share for a couple of quarters now. So just curious to hear what you\'re seeing with respect to underlying clients. And what do you have in the works to narrow that gap?\nTerrence A. Duffy\nYes, that\'s a good question, Alex. I\'ll turn it over to Mr. McCourt. He\'ll start and I\'m going to jump in as well and maybe Ms. Winkler also. So go ahead, Tim.\nTim McCourt\nThanks, Alex. I think before we get to the market share point, it\'s important to note that equity options on futures here at CME had a record 2023, doing over 1.4 million contracts and had consecutive record months in Q4 as we headed into the end of the year. And also important to note here in January on the recent activity, up over 1.5 million contracts per day. So our equity options franchise at CME is continuing to grow.But there are certainly dynamics in the marketplace around the same-day expiring or 0 DTE options that are changing the dynamics. But it\'s important to know that it is a growth versus growth story. Here at CME, our same-day expiring options on the S&P 500 E-mini futures are up 70% in Q4 2023 versus 2022. But it\'s also interesting to note, they only make up about 26% of our volume in Q4 of 2023. And our open interest is up between 20% to 24% outside of 0 DTE, when we look over 2023 and 2024.So it\'s a very strong growth story here at CME. It\'s not only a 0 DTE story. And when we look at the relative participation of our markets, it is important to note that we have gained share since the load that we observed over the summer at the peak of some of the 0 DTE trading, trading picking up several percentage points of share back.It\'s also important to note, when we look at our global offering nearly 24 hours a day, we remain the leader across the globe, particularly in non-U.S. trading hours, where that relationship is practically inverted against SPX. And E-mini options remain the product of choice for those investors outside the U.S. and outside of the normal U.S. trading day. So you really have to look at all the facets of our business which continue to grow and continue to serve a vital part of risk management for our clients and the marketplace.\nTerrence A. Duffy\nAnd I think just to add to what my colleague said, Alex, I think it\'s really important that when we reference the risk management of these, we\'re a risk management institution, and we\'re looking at massive amounts of open interest that have portfolio margining associated with them that cannot be replicated at other entities, so we -- to the degree we can.So we are really excited about our equity franchise. We do recognize, so we\'re not saying we don\'t recognize the growth that there\'s been in 0 DTEs. As you know, our 0 DTEs expire into futures and theirs expire into cash. That has been a difference that it seems that the retail participants seem to like a little bit more than the professional participant. So we are obviously looking at different things as this continues to evolve.\nOperator\nOur next question is coming from the line of Kyle Voigt with KBW.\nKyle Kenneth Voigt\nSo last week, you announced that you\'ll be rolling out U.S. corporate bond index futures this summer. I think other venues have attempted to launch credit index futures in the past. And historically, it\'s proven difficult for those products to gain sufficient adoption.Just wondering if you could go into some detail about why you think the time is right for this product, why your effort may be different here and then also provide some color on customer demand that you\'re seeing for the product as well.\nTerrence A. Duffy\nThanks, Kyle. Tim?\nTim McCourt\nThanks, Terry, and thanks, Kyle. Great question. We\'re pleased to announce earlier this month that we entered into the IP arrangement with Bloomberg to offer futures on their corporate bond futures for both high yield and investment grade with futures coming online summer of 2024. Still all the details that are coming, but it\'s important to note, I think when we look at credit, is in this market with the increasing rate environment and the increasing dynamics and relationships diverging between equities and rates market, introducing credit products to market makes complete sense to offer another tool to our clients to manage the risk as it manifests in all parts of their portfolio, whether it be equity, rates or single-name credit.I think it\'s also interesting to note is that when we look at this universe in general and partner with Bloomberg, we are also tapping into a well-established ecosystem around these indices around other exchange-traded products, structured products that are available. So this is a very welcome tool for clients.We\'ve heard overwhelming feedback over the last several months during the validation process that this will be additive. It will help them in other parts of the credit market. And we\'re looking forward to bringing these products to market and work with our participants to make sure that they continue to grow. And I would just encourage you to stay tuned for more details as we approach the summer.\nTerrence A. Duffy\nAnd so Kyle, let me make a few more points on this. I think you said it at the -- in your question, timing. Timing is everything as it relates to certain products and certain product launches. So I don\'t think a lot of people would have believed that the short end of the curve was going to continue to be the attraction point for as long as it has been to date.We listed a T-bill contract, where someone said, "Geez, I haven\'t had that since 1980 or \'81. Why did you bring that back out?" Well, the cost to us to do that is very de minimis. And we can get these contracts out there quickly. And if people need to manage risk, even if it\'s small at that current period of time, it\'s a good thing for CME. So I think when you look at the corporate bond market, timing is everything.And we\'re not trying to nail the timing perfectly, but we want to make sure that these products are available if, in fact, people need to manage their risk more closely today than they did when others prior listed these contracts. So you never know. And again, these are not big lifts for CME. We can continue to do it. But we also have other value-added propositions that some others don\'t when we list new contracts.\nOperator\nOur next question is coming from the line of Michael Cyprys with Morgan Stanley.\nMichael J. Cyprys\nI wanted to ask on post-trade services, the JV that you have with S&P, OSTTRA. It\'s been nearly 3 years since the OSTTRA JV was created. I was hoping you could speak to the growth that you\'ve seen, how well penetrated is the offering today and speak to where you see some of the biggest growth opportunities ahead in post-trade services and some of the stuff you guys are taking to accelerate growth. And then also if you could touch on the competitive backdrop, that would just be interesting to hear, some others are looking to take share in processing and risk management.\nTerrence A. Duffy\nThat\'s a great question, Last 60 Days of Bitcoin's Closing Prices: [41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-15 Financial & Commodity Data: - Gold Closing Price: $2002.10 - Crude Oil Closing Price: $78.03 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,025,811,928,138 - Hash Rate: 605343973.9976323 - Transaction Count: 303306.0 - Unique Addresses: 612859.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After several twists and turns, Wall Street is on a blistering rally to end 2023. The three major indices have hit new highs on several occasions, buoyed by the tech surge, cooling inflation and the optimism that the Fed is done with interest rate hikes. The Nasdaq Composite Index is the outperformer, gaining 41.2%. Meanwhile, the S&P 500 and Dow Jones Industrial have risen 22.4% and 11.9%, respectively.Below, we discuss some of the hot events of 2023 that influenced the market in a big way: Technology is the best-performing sector of 2023, driven by the artificial intelligence (AI) boom and a crypto rally.ROBO Global Artificial Intelligence ETFTHNQ andValkyrie Bitcoin Miners ETFWGMI emerged as the biggest winners in their respective space, rising 57.5% and 257.3%, respectively (read: 5 Best-Performing Technology ETFs of 2023).The craze for AI has also magnified the returns of the “Magnificent Seven” stocks, driving the appeal forThe Magnificent Seven ETFMAGS. This fund offers investors precise exposure to the “Magnificent Seven.”The world's largest cryptocurrency started 2023 just above $16,000 and climbed to a 12-month high of $45,000 in early December. The rally came on the back of broad enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs. Bitcoin's performance in 2023 has outpaced other assets like global stocks and gold.Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end have powered the rally in recent months. The trend is likely to continue in 2024. In the latest meeting, Federal Reserve Chair Jerome Powell hinted at a major policy shift as inflation is easing and the economy is holding up better. He signaled three rate cuts for the next year, compared with the previous forecast of two rate cuts in 2024. The federal funds rate is expected to be in the range of 4.4-4.9%, down from the current 5.25% to 5.50%. This indicates that the Fed will cut rates by a total of 0.75% next year, indicating that the historic rate-hiking campaign might be ending (read: Sector ETFs to Benefit From Fed Rate Cut Talks).Lower interest rates generally lead to reduced borrowing costs, which can stimulate economic growth. This can positively impact sectors like real estate, consumer discretionary and financial services, which are typically sensitive to interest rate changes. In real estate, for instance, lower rates can boost housing market activity by making mortgages more affordable. For consumer discretionary sectors, reduced borrowing costs can lead to increased consumer spending. In the financial sector, while lower rates can compress net interest margins for banks, they can also encourage lending and potentially lead to increased consumer and business loan activity.As a result,Vanguard Real Estate ETFVNQ,Utilities Select Sector SPDRXLU,iShares U.S. Home Construction ETFITB andConsumer Discretionary Select Sector SPDR FundXLY are set to gain in 2024. Single-stock ETFs have gained immense popularity this year amid the surging stock market and the big tech wave. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without having to buy the stock directly.There are currently 45 leveraged and inverse US single-stock ETFs on the market with a combined $3.3 billion in assets, according to Morningstar data. Five firms, AXS, Direxion, YieldMax, GraniteShares and Innovator, provide all the single-stock ETFs currently available on the market.Direxion Daily TSLA Bull 1.5X SharesTSLL is by far the largest U.S.-listed single-stock ETF on the market. It offers 1.5 times (150%) the daily percentage change of the common stock of Tesla TSLA. In terms of 2024 performance,GraniteShares 1.5x Long COIN Daily ETFCONL,GraniteShares 1.5x Long NVDA Daily ETFNVDL andGraniteShares 1.5x Long Meta Daily ETFFBL are the biggest beneficiaries, gaining about 570%, 411% and 334%, respectively (read: 5 Leveraged ETFs That Gained More Than 200% in 2023).CONL seeks 1.5 times (150%) the daily percentage change of the common stock of Coinbase Global Inc COIN, NVDL offers 1.5 times exposure the stock of NVIDIA NVDA and FBL tracks 1.5 times the performance of the stock of Meta Platforms META. The trend of converting mutual funds to ETFs gained momentum in 2023, reflecting a significant shift in the investment landscape. About three dozen ETF conversions took place this year driven by several factors, including lower costs, better liquidity and increased transparency associated with ETFs compared to mutual funds. ETFs also offer significant improvements in tax efficiency, as they use in-kind redemptions to avoid triggering capital gains taxes, which is not the case with mutual funds.One of the most notable conversions in 2023 was by Fidelity Investments, which converted six actively managed mutual funds into ETFs in November. These funds collectively manage assets worth roughly $13 billion. These includeFidelity Enhanced Large Cap Core ETFFELC,Fidelity Enhanced Larg Cap Growth ETFFELG,Fidelity Enhanced Large Cap Value ETFFELV,Fidelity Enhanced Mid Cap ETFFMDE,Fidelity Enhanced Small Cap ETFFESM andFidelity Enhanced International ETFFENI.Overall, the shift from mutual funds to ETFs has affected nearly $100 billion in assets. This trend aligns with broader investment patterns. While mutual funds have experienced net outflows, ETFs absorbed about $194 billion in 2023. More conversions are expected to come in 2024, especially by actively managed and higher-fee mutual funds. In the quest for higher yields amid increased volatility in the stock market, investors flocked to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows. Covered-call ETFs saw a surge of interest in 2023, attracting investors with the promise of hefty yields alongside shelter from market turbulence. These ETFs, by employing options strategies known as writing covered calls, provide exposure to the stock market with lower volatility compared to the overall market (read: Why Investors Are Pouring Billions Into Covered-Call ETFs).In this category,JPMorgan Equity Premium Income ETFJEPI andJPMorgan Nasdaq Equity Premium Income ETFJEPQ were the most popular, having pulled in $12.9 billion and $6.5 billion, respectively, in new money this year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Vanguard Real Estate ETF (VNQ): ETF Research Reports iShares U.S. Home Construction ETF (ITB): ETF Research Reports Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Roundhill Magnificent Seven ETF (MAGS): ETF Research Reports ROBO Global Artificial Intelligence ETF (THNQ): ETF Research Reports JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports JPMorgan Nasdaq Equity Premium Income ETF (JEPQ): ETF Research Reports GraniteShares 1.5x Long COIN Daily ETF (CONL): ETF Research Reports Direxion Daily TSLA Bull 1.5X Shares (TSLL): ETF Research Reports GraniteShares 1.5x Long META Daily ETF (FBL): ETF Research Reports GraniteShares 1.5x Long NVDA Daily ETF (NVDL): ETF Research Reports Fidelity Enhanced Large Cap Core ETF (FELC): ETF Research Reports Fidelity Enhanced Large Cap Growth ETF (FELG): ETF Research Reports Fidelity Enhanced Large Cap Value ETF (FELV): ETF Research Reports Fidelity Enhanced International ETF (FENI): ETF Research Reports Fidelity Enhanced Small Cap ETF (FESM): ETF Research Reports Fidelity Enhanced Mid Cap ETF (FMDE): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/veganbitcoiner420', 'If you are new to Bitcoin and in your early 20s or mid 20s... do this:', 68, '2024-02-15 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1,000,000 Satoshis is your "bank account is zero" amount.\n\nHold that for 3 halvings MINIMUM.\n\nDon\'t touch your first 1,000,000 satoshis\n\nHaving 1,000,000 satoshis in 10 years (3 more halvings) will be lifechanging to someone who is 18-23 right now.\n\nSimilarly if you are in your mid 20s and can get to 10,000,000 satoshis make that your "bank account is zero" amount. Hold that for 3 halvings minimum. \n\n\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1ar192z', [['u/veganbitcoiner420', 28, '2024-02-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgktju/', 'No it just the smallest unit of 1 Bitcoin.\n\n1 dollar = 100 pennies\n\n1 bitcoin has 100,000,000 satoshis\n\nWhen you buy bitcoin unless you have literally 51,800 buckaroos right now you cant get 100,000,000 satoshis.\n\nBut if you have 51 bucks you can get 100,000 satoshis\n\nThats a good deal. When you are in your 30s you can tell the 20 year olds you were stacking 100,000 satoshis for 51 bucks\n\nIt will be hilarious', '1ar192z'], ['u/DJTicklePitt', 74, '2024-02-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgsuc5/', 'I’m new to BTC and 20 yrs old. After thorough research I now own .6 BTC at and average price of 43,800. I am now DCAing 100$ a week and will be holding forever.', '1ar192z'], ['u/analogOnly', 24, '2024-02-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgv4u4/', 'I am in my late 30s have over 100,000,000 satoshis it\'s my "bank account is zero" amount. By my calculations I will need at least $3,500,000 USD by today\'s value. (I am married have children and own zero investment property (RE) - that\'s why my number is high)', '1ar192z'], ['u/rock-island321', 12, '2024-02-15 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgwc3j/', 'In 20 years, your 1 btc will do you very nicely for retirement.', '1ar192z'], ['u/fbacaleb', 29, '2024-02-15 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgzq6p/', 'Damn you have more than me and I’m 24 good job man', '1ar192z'], ['u/Sunnyjim333', 37, '2024-02-15 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh4x42/', 'What a great time to be alive. I am at the other end of old age, I wish I could see what BTC willbe like 20 years from now.\n\nBuy SATS and HODL yunguns.', '1ar192z'], ['u/Sunnyjim333', 16, '2024-02-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6axu/', 'When I was your age in 1978, if you had $100,000.00 you could retire on the interest and live a comfortable life. Asuming you had a pension and Social Security.\n\nSadly, you probably will not have those, so BTC and your 401k is all you are going to get.\n\nYou will probably need more to retire by then, but I hope BTC will be your ticket to freedom.\n\nIn 2024 1/2 to one million is a comfortable retirement if you own your own home, are in good health, and live modestly and have no debt.', '1ar192z'], ['u/Sunnyjim333', 10, '2024-02-15 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6neu/', "Oh, the good old days when you could buy 1,000,000 SATS for $510.00\n\nWhy didn't we sell the kids and take out a 3rd mortgage?", '1ar192z'], ['u/bobbyv137', 11, '2024-02-15 15:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqj8ika/', 'Lol. Such nonsense. Typical moon boy math lost in delusion. \n\nOne Bitcoin is $50k. 1,000,00 sats today is $500. \n\nYou say holding that 1m sats for 10 years will be “life changing” for someone in the mid 20s or younger. \n\nLet’s assume in the absolutely insane outcome, Bitcoin is $5m per coin in just 10 years thus $100 trillion market cap (hint: it won’t be). \n\nThose 1m are now worth $50k. So yes, that person has undoubtedly invested their money well by turning $500 into $50k. \n\nBut, if Bitcoin is $5m a coin, what is that $50k actually going to buy you? How is it going to be “life changing”?', '1ar192z']]], ['u/Far_Breakfast_5808', "What is up with the Bitcoin proponents' obsession with gold? Is it a libertarian thing? The part about asking if it's a libertarian thing is serious by the way.", 46, '2024-02-15 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', "I'm asking/wondering because I know libertarians are known for liking gold and the gold standard in particular, and many Bitcoin/crypto proponents are libertarians, so I was wondering if there was a connection between Bitcoin, libertarianism, and the obsession with gold, or if it's just a coincidence. By contrast, most people I see who aren't into bitcoin aren't so obsessed with gold and instead are into other kinds of assets and securities like stocks.", 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', '1ar1q5t', [['u/Evinceo', 60, '2024-02-15 01:15', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgp13h/', "It's a libertarian thing and it predates Bitcoin. Bitcoin borrows a lot of Gold Fan ideas, just replacing gold with Bitcoin.\n\n\n_50 Foot Blockchain_ ought to be required reading, I believe it goes into the Austrian Economics thing in great detail.", '1ar1q5t'], ['u/Val_Fortecazzo', 10, '2024-02-15 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqpai/', 'Yeah its part of bitcoins lolbertarian DNA. They believe in austrian economics quackery.', '1ar1q5t'], ['u/Unfriendly_eagle', 45, '2024-02-15 01:28', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqx5k/', 'Bitcoin weirdos love to compare Bitcoin to things that have actual value, and aren\'t just made up. They do this by pointing out how everything else is just made up. I know a Bitcoin kook who constantly tweets "gold is just a shiny metal", but if you reply that "Bitcoin is just strings of digital data" he loses his mind.', '1ar1q5t'], ['u/Evinceo', 37, '2024-02-15 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgr7m4/', "Goldbug lore is written by and for libertarians, that's why. Bitcoin lore started out as a copypasta of goldbug lore with a cyberpunk aesthetic.", '1ar1q5t'], ['u/Evinceo', 19, '2024-02-15 01:37', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgsc3o/', "I mean, it is a shiny metal that _stays shiny_. That's why it's so obsessed over. If brass didn't tarnish we'd just use that.", '1ar1q5t'], ['u/Xirema', 24, '2024-02-15 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgte4q/', "[To quote the great Dan Olson:](https://youtu.be/ihvG3RgbYzE?t=508)\n\n>Despite the popularity of gold amongst people who own doomsday bunkers, the rationale that they’re working from isn’t un-sound. If you were an investor back in the Netherlands in 1635, which asset would deliver a better return over almost 400 years, tulips or gold? In the long run you can be pretty confident that any gold you have will still be abstractly valuable in the indeterminate future. \n\nBasically, gold has a lot of useful intrinsic properties that mean that any mass of gold you have is probably always going to have some degree of intrinsic economic value, in a way that's not always true of most other measures of value. Government-issued money can depreciate (or be rendered worthless by a revolution), most other commodities tend to decay to entropy a lot faster... etc. and so on. Gold has intrinsic value and is pretty likely to continue to have intrinsic value 5/10/20/50/100 years from now. \n\nOf course, it's bad if your plan is to actually have a highly liquid economic structure, i.e. our modern highly capitalistic society. Bitcoin reproduces one of the fundamental flaws of a gold-based economic model, which is that for any and all purchases some amount of gold has to exchange hands; so for example, internet shopping, Credit Cards, all of that stuff: basically impossible in a gold-based economy because of how slow it is to exchange money.\n\nYou know, just to name one of the countless flaws in their proselytizing of The Gold Standard.", '1ar1q5t'], ['u/Far_Breakfast_5808', 17, '2024-02-15 01:48', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgtzzs/', "Even if gold wasn't used for jewelry, it also has multiple practical applications in things like dentistry and electronics. It's actually useful and has utility at least.", '1ar1q5t'], ['u/happyscrappy', 16, '2024-02-15 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgv5xk/', "Yes. Butters are just another version of [goldbugs](https://en.wikipedia.org/wiki/Gold_bug). And hence they don't share a lot of behavior with those who do not have this mentality.", '1ar1q5t'], ['u/sciolycaptain', 22, '2024-02-15 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgvil4/', "Yeah, but if it were just for it's industrial uses, the price would be a lot lower.\n\n\nIt has has huge cultural signifying because it stayed shiny and it's rare, but it's price is also mostly made up.", '1ar1q5t'], ['u/Val_Fortecazzo', 32, '2024-02-15 02:18', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgychp/', "Because largely people don't give a shit about gold since it stopped being the basis of most world currencies.", '1ar1q5t'], ['u/kerricker', 11, '2024-02-15 02:46', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqh2i5c/', 'I’m sure I’m not the first to think of this, but I wonder if USA goldbuggery is influenced by generational memory of the Confederate dollar. People might not be consciously thinking “Granddad’s great-granddad had his savings in the local paper money and hoo boy that went badly, would’ve been better to have gold bars,” but it might be in the back of their minds. What’s the goldbug situation like in, idk, Germany, or other countries that had some kind of notable currency collapse in the last 100-150-ish years?', '1ar1q5t'], ['u/Evinceo', 13, '2024-02-15 05:47', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqhr9e3/', '> Central banks have an infinite money printer which they can use to fund propaganda to make people think fiat is good.\xa0\n\n\nWhere do I sign up to get my ~~soros~~ Fiat bucks?', '1ar1q5t'], ['u/pjc50', 15, '2024-02-15 12:06', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqiofnc/', "Basically Roosevelt confiscated and devalued gold in 1933: [https://en.wikipedia.org/wiki/Executive\\_Order\\_6102](https://en.wikipedia.org/wiki/Executive_Order_6102) and there's an entire faction that have never got over it.\n\nWhile it was a surprisingly totalitarian action in a country that loudly proclaimed its freeness, the counter-demand that at times of national crisis people should be able to hoard against the crisis even if that makes the overall situation worse, is very hard to defend.", '1ar1q5t'], ['u/NotSoButFarOtherwise', 10, '2024-02-15 13:45', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqiydcs/', "Because gold is almost as terrible as a unit of account, store of value, and medium of exchange as Bitcoin is. There's a reason why people have reinvented fiat currency multiple times in history, and that's because it really is a lot better than having to carry a bunch of metal around everywhere.", '1ar1q5t']]], ['u/Puzzleheaded_Tie_870', 'Welcome to Magic Internet Money $MIM', 24, '2024-02-15 01:24', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/', 'Welcome to the Magic Internet Money Community. What is Magic Internet Money? Magic Internet Money is the response to fiat currencies, government backed digital currencies, hyperinflation etc... Fiat currencies have enslaved populations all over the world as people grind day in and day out chasing that dollar.\n\nIntroduce Magic Internet Money.\n\nMagic Internet Money first appeared on the scene in 2008 in the form of Bitcoin. Since then numerous crypto protocols, platforms, and tokens have been released all with the same goal in mind. To escape the daily grind of the matrix. All crypto tokens are Magic Internet Money. All meme tokens are a form of Magic Internet Money. We are not here to compete with the likes of Doge, Shib, Pepe, Wif etc... as those are all forms of Magic Internet Money.\n\nMagic Internet Money is here to unite people and to free those who want to escape the lifestyle of paycheck to paycheck living.\n\nThe Magic Internet Money token created in 2024 on the Solana blockchain is a community run token with the hardest working community in the space with round the clock raiding and 24/7 Telegram voice chat. We are all here for the same outcome. To make as much Magic Internet Money as possible and that is achievable through $MIM.\n\n[Twitter](https://twitter.com/MIMoneyonSol)\n\n[Telegram](https://t.me/MIMoneySol)\n\n[Website](https://magicinternetmoney.cash)\n\n[Chart](https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d)\n\nContract Address: G33s1LiUADEBLzN5jL6ocSXqrT2wsUq9W6nZ8o4k1b4L', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/', '1ar2edc', [['u/Brave-Statement5757', 10, '2024-02-15 01:28', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqgqwnf/', 'Narrative too big to fail', '1ar2edc'], ['u/Maleficent_Pin_2511', 10, '2024-02-15 05:39', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqhq9mg/', '$MIM on $SOL seems promising specially this bitcoin halving. We need an OG meme coin on top and its $MIM', '1ar2edc'], ['u/Puzzleheaded_Tie_870', 10, '2024-02-15 06:07', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqhtj0k/', 'You can buy on Solana blockchain. Raydium/Jupiter Dex. \n\nContract Address: G33s1LiUADEBLzN5jL6ocSXqrT2wsUq9W6nZ8o4k1b4L \n\nChart: [https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d](https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d)', '1ar2edc']]], ['u/Andy_Sing', 'Bitcoin reaching its trend line. Stay alert around 53000.', 18, '2024-02-15 01:40', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/', 'If it breaches up, good, but stay careful here. \n53000.', 'https://i.redd.it/a0qfmr6xanic1.jpeg', '1ar2r1p', [['u/waxheartzZz', 11, '2024-02-15 01:50', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgu8n7/', "100k in 2024. Been trying to post that for 24 hours and it won't let me.", '1ar2r1p'], ['u/RetardedStockTrader', 65, '2024-02-15 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqguvc1/', 'Get in now before it crashes', '1ar2r1p'], ['u/Appropriate_Meat2715', 11, '2024-02-15 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgvxg9/', 'I just want my CCs on MARA back, make it dip please', '1ar2r1p'], ['u/ggwhynot_', 10, '2024-02-15 02:26', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgzj8r/', 'Me buy top', '1ar2r1p'], ['u/universityofkaren', 10, '2024-02-15 04:16', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqhfnls/', 'Why? Because people who are buying the etfs care that it hits a “trend line”? Do you have any idea how fucking stupid this is? This isn’t casual. Idiots….', '1ar2r1p']]], ['u/meshflesh40', 'Been a wholecoiner since 2019. Havent bought or sold since. Felt fomo both ways. Feels bad.', 363, '2024-02-15 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/', 'Ever since I lost $18k in 2017....i vowed to buy 1 BTC amd never sell. I got my chance at 11k. Rode it up to 69k,, and down to 16k and back up to 52k. \n\n\nI should be greatful for what i have right? I bought this BTC with the intention of never selling or trading it.\n\n\nBut the fomo of possible gains is killing me. Even though I know what Bitcoin is in the long run,,,my "wealth" feels imaginary until i sell and buy something. \n\nI want to buy another at $52k...but my lifestyle and sanity cant take the hit right now. \n\nI have a longterm dca going at $400 a month. That\'s about all the risk I can tolerate right now. \n\n\nWe all feel fomo in one way or another, haha', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/', '1ar3mlp', [['u/anonymouscitizen2', 170, '2024-02-15 02:28', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqgzv35/', 'You have something only 21M other people globally could own, assuming no lost coins and an equal distribution. \n\nIn reality you have something less than 3M people could ever own, maybe even less than that. Don’t be upset, you are in a fortunate position.', '1ar3mlp'], ['u/omg_its_dan', 12, '2024-02-15 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh039s/', 'Well that also goes both ways. If gains were possible so were losses. Imagine you tried to trade it and ended up sitting at 0.25 now instead of 1?', '1ar3mlp'], ['u/meshflesh40', 18, '2024-02-15 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh0lqb/', 'Funny u mention that. In 2017 i had 2btc...and ended up with 0.10.\n\nAt the time my thinking was "my life would be complete if I had one BTC".\n\nNow i want 2. Haha', '1ar3mlp'], ['u/riversaint101', 17, '2024-02-15 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh145o/', 'Feelings who needs them', '1ar3mlp'], ['u/harrumphx', 129, '2024-02-15 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh2ij3/', "How's it going to feel watching it go to 500K after you sold it at 50K? Bad, I'd bet.", '1ar3mlp'], ['u/Rhornak', 11, '2024-02-15 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh7onk/', 'FOMO is the number 1 issue investors must banish. Emotion is bad for investing and trading.\n\nWith some «\xa0if I had known\xa0», «\xa0I should have sold\xa0», «\xa0I should have bought\xa0» you can rebuild the world. If you had known, you would have bought bitcon in 2010 right ?\n\nYou can never know, you can just rely on DD, maths and obviously luck.', '1ar3mlp'], ['u/Jwelz90', 19, '2024-02-15 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh8ve5/', "Especially now, so far removed from dropping the 11k he did to buy it. Money basically feels gone already as he stated. Might as well save it to save for the worst if rainy days. I'd sell .25 at some point though, especially after he DCAs for a couple years.", '1ar3mlp'], ['u/TheTonik', 12, '2024-02-15 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh9kir/', 'I have 2. And now I want 3. It will literally never end. "Grass is always greener".', '1ar3mlp'], ['u/richardto4321', 20, '2024-02-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhd621/', 'You regret not being able to perfectly time the top and the bottom?', '1ar3mlp'], ['u/Normal-Jelly607', 12, '2024-02-15 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhkoso/', 'Hard lesson to learn…. Never buy shitcoins', '1ar3mlp'], ['u/Jokerloz', 20, '2024-02-15 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhmxe7/', "It's less than 21 million people. It's more like 17 million. Don't quote me. Satoshi wallet alone has 1 million btc in it. Also you have the multiple people who lost there keys etc.", '1ar3mlp'], ['u/brendanm4545', 64, '2024-02-15 05:18', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhntg7/', "DCA and get off this sub, ignore all bitcoin news for the next 10 years. Paint a nice picture, work a normal job, build a house. Then come back in 10 years and tell us your story. Life's too short to worry about the ups and downs of bitcoin on a daily basis. The plan is long term and rewards people with the vision to stay the course.", '1ar3mlp'], ['u/Accurate_Sir625', 31, '2024-02-15 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhov7y/', "I believe it's less than 1M whole coiners and I saw an article that proved it will be something like 235 000. That may seem hard to believe but go watch YouTube InvestAnswers, Total Number of Whole coiners. So feel good. You are in a tare position. If you can stand to wait 2-3 more years you are really going to see it. 8 Billion people on Earth. To be 1 of less than 1M to be a whole coiner is special.", '1ar3mlp'], ['u/WalkThePlankPirate', 23, '2024-02-15 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhpytm/', 'Once I became a whole coiner, I continued accumulating in the bear market. Now, anything surplus to the 1 BTC, I allow myself to take profits on.', '1ar3mlp'], ['u/Mountain-Ad326', 12, '2024-02-15 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhrfrg/', 'Im getting so bored of hearing this stat. Just because only 21m could potentially ever own a vast, vast majority will look at a 50k BTC and say "Ive missed it".', '1ar3mlp'], ['u/Mountain-Ad326', 16, '2024-02-15 05:52', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhrte4/', 'James Mullarney is nothing more than a mid level marketing manager who sold software for Oracle. Hes never stepped foot inside a financial institution. He masquerades as some animal loving fluffy loving genius when hes nothing more than a snake oil salesman. He got so many in his community rekt last cycle. Be very, very weary of him.', '1ar3mlp'], ['u/Accurate_Sir625', 10, '2024-02-15 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhudb3/', 'In his own words, he is just a guy on the internet providing entertainment. But math is math and the numbers he shows add up.', '1ar3mlp'], ['u/Just-Some-Chad', 17, '2024-02-15 07:25', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqi1jlx/', 'Great idea! Except, you never know what the price is gonna do. Is it gonna raise further? Is this the point where it wont drop below 40k ever again?', '1ar3mlp'], ['u/BitcoinBaller420', 19, '2024-02-15 13:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqitr2a/', 'This is great advice… now back to checking the bitcoin ticker every five minutes! \xa0😜😃❤️', '1ar3mlp']]], ['u/l337m45732', 'A major upgrade for the Cardano ecosystem', 53, '2024-02-15 02:30', 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/', "Firstly, I am not affiliated with the platform that will be mentioned. This is strictly for educational purposes and these opinions are my own.\n\nI've been following Cardano since it's inception. I've always wanted it to be bigger than it was because of the speed and scalability. I don't quite understand why it's taken so long for the development and adoption, but I'm also just a guy on the internet that likes crypto stuff. \n\nI've never really seen ADA on any kind of decentralized exchanges, which is a huge turn off for me. The good news is, that's about to change. There's a platform that is in the process of integrating Cardano for native ADA swaps with a number of assets on different blockchains. The proposal was recently passed and work is already being done to add Cardano to the list of supported chains on Maya Protocol. \n\nMaya Protocol is a decentralized cross-chain liquidity protocol aiming to be a compliment to cross-chain platforms like Thorchain and Chainflip. This integration will open ADA up to liquidity that can flow from 6+ different blockchains including Bitcoin, Ethereum, Kujira, and DASH. Being able to swap native assets for ADA without the need to interact with a centralized entity is extremely powerful. \n\nJust another DEX using wrapped assets? No. Maya only has pools of native assets. This enhances security and allows users to avoid having to deal with wrapped assets or bridging services. For the broad Cardano ecosystem, the ability to move in native BTC removes a ton of limitation for users across the world. Literally opening the doors for ADA to the masses without KYC. \n\nCardano's integration into Maya also opens doors for potential Savers vaults (single asset staking for rewards) and streaming swaps (swap any amount of crypto, regardless of liquidity like Thorchain). Decentralized liquidity is critical for any token to thrive, especially with growing regulatory concerns. \n\nI feel like this is a huge win for Cardano, and a an even bigger win for crypto users overall. Here's hoping that this DeFi integration helps Cardano continue to grow and thrive. \n", 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/', '1ar3rqt', [['u/Yatznft', 10, '2024-02-15 03:09', 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/kqh5wje/', 'Interesting, I will have look into this. Thanks for the info 🙌', '1ar3rqt']]], ['u/Huge-Return', '401k', 69, '2024-02-15 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/', 'Any fellas got bitcoin etf in their 401k? Been buying GBTC since 2021. Recently I switched to FBTC. My 401k portfolio is 99% bitcoin. I think the idea of having it in my 401k has helped me hodl without any worries. Never thought I see 50k this early.', 'https://i.redd.it/bk27xt21snic1.jpeg', '1ar4oql', [['u/Annie_Gher', 15, '2024-02-15 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/kqh8jm7/', 'Yep\n\nDear diary: today was a good day', '1ar4oql'], ['u/1025scrap', 10, '2024-02-15 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/kqhi4pc/', 'This point seems to be lost on a bunch of bitcoiners. Smdh', '1ar4oql']]], ['u/Goingremotenow', 'Pension - Bitcoin exit strategy', 15, '2024-02-15 03:21', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/', 'Anyone added this to their teacher pension portfolio. What’s your plan for the future. No more than 5% in crypto or bigger weighting? ', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/', '1ar4se3', [['u/reality_star_wars', 11, '2024-02-15 05:00', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/kqhljd1/', '0% Bitcoin 90% Target date funds and IRAs. 10% stocks', '1ar4se3']]], ['u/Physical_Owl8521', 'Maxed out my Roth IRA, now what?', 48, '2024-02-15 03:49', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/', 'Background: I’m in my early 20s and live rent free with my parents. I have an emergency fund of 10k if something goes wrong. I have 0 debt, no loans and credit cards have a 0 balance. High 700’s credit score. I have maxed my IRA 3 years in a row including this year. It’s mostly in a s&p index with a smaller portion of it in an international index fund. I am not eligible for a 401k this year at my job but will be able to next year and will take advantage of the match. With the extra money I have outside of those things, and future expected income, where should I invest next? \nI opened a brokerage account where I was going to put my money in mostly VOO (80%), reputable tech stocks like Microsoft, apple, google, or a tech index(10%), (5%) in well known crypto like BTC and ETH, and the remaining (5%) in speculative assets that I have faith in. \n\nThat being said I do want to move out of my parents house in my 20s, and I don’t want to rent an apartment. So eventually within the next 4-5 years I want to own a house somewhere. \n\nDoes it make sense to hold my earnings in a brokerage account like that and maybe eventually pull from there for a property down payment?\n\nAlso I’m not making ton of money, maybe ~40k after taxes this year. \n\nLooking for some clarity and direction. Open to all sorts of ideas, thanks!', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/', '1ar5bqa', [['u/Claviarm', 29, '2024-02-15 04:04', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhdvqi/', "You may already know this, but: Since VOO tracks the S&P500, it is already about 18% Microsoft, Apple, and Google, and has other tech in there too. I'm not making any judgment on whether these are good investments; just want you to be aware of what you already have in VOO before you allocate even more into these things.", '1ar5bqa'], ['u/ResetOptional', 10, '2024-02-15 04:13', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhf923/', 'HSA', '1ar5bqa'], ['u/AntiqueDistance5652', 48, '2024-02-15 04:55', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhkwgg/', "Assuming you're doing financial order of operations correctly, if you're saving max in a Roth IRA I am assuming that you have an emergency fund even though you don't actually need it right now because your parents are taking care of you. You may want to start building out your emergency fund if its kind of low in anticipation of the future when you don't live rent free with parents anymore, but if you anticipate that to be further than a couple years out you can go ahead and invest the extra right now and build up your e-fund later on. For now just save up all the money you can in a money market fund with Fidelity invested FDLXX or SPAXX, you're going to build this up right now while you cant invest in a 401k so that when it becomes available you can immediately start maxing out the 401k and live off the savings, with one huge caveat.\n\nCaveat: it's a mistake to max out a traditional 401k with an income of $40k a year. You should only be maxing that out if you can find a way to earn significantly more money. The reason for this: at $40k a year, your highest tax bracket will be 12%. There is very little utility in using a tax shelter for 12% when most likely you'll be paying more than that when you withdraw it. If you're going to max out the 401k on top of the IRA, do it only if your work offers the option to do a Roth 401k. You're paying low taxes now, so you may as well take the tax hit now and never have to pay them again on your gains in the future. When you're earning a higher income, this will switch and you will want to max out a traditional 401k when the bulk of those contributions will be coming from the 22% or 24% (or higher) tax brackets.\n\nLet's assume for a moment the Roth 401k is an option or you can significantly increase your income (as in, at least double) in the next year. In that case, once your 401k is available to you, you should be focusing on maxing out both the IRA and the 401k every year unless you really need the money for a house downpayment or if maxing out both accounts is leaving you with nothing left over to live off. 80% allocation to VOO is perfectly fine, as is another 10% in a tech index, all this is great. 5% in crypto I wouldnt recommend, but hey, its only 5% so even if its a complete loss in 30 years you wont be hurting that much. And the 5% in speculative assets, im not sure what that is supposed to mean, but thats also perfectly fine as long as you will be ok with a high probability of total loss for those assets. The most important part is that you're putting the bulk into a passive index fund so you're paying yourself first in one of the best growth assets available (US large cap stocks).\n\nLet me talk a second about saving a downpayment. In general I would tell people that as long as the time horizon is 5 years out or longer, it's ok to save a downpayment in a stock index fund. However, if 5 years is literally the exact time you anticipate, then I'd recommend putting this years saving goal toward the house in a stock index fund, and next year putting only 50% in a stock index fund and 50% in a money market mutual fund, and then the remaining 3 years putting 100% of savings for that goal in a money market mutual fund. Reason being is that with a 3 year duration or less you are taking on too much risk that you will be buying a house during a downturn and then end up having to push out your purchase date as you wait for your downpayment assets to recover. You don't want that. So while 5 years out is fine to put risk on, 2 years out you should not be adding any more to your stock position for that downpayment.\n\nFurthermore, let's talk about downpayment size. Your income is not that high, which unfortunately means you will need to make a compromise or some difficult decisions. You can choose to aggressively save in tax sheltered retirement vehicles like I mention above. That's my personal suggestion, but others will give you different advice. Others will tell you that if you are absolutely certain you need to buy a house, that you really can't afford to invest very much if at all, because almost all of your disposable income will need to go into the downpayment fund. Many of those same people will tell you that you need at a minimum 20% downpayment or you can't buy a house. Here's my response to that: this is a different world than back in the 80s when a house cost 2.5x a median salary. 20% downpayment is very difficult to get to on your salary, and I don't think you should be prioritizing that over aggressively investing in index funds now. So for that reason I would set your goal of saving 3.5% + extra for closing costs with the idea of getting an FHA loan when you do buy a house. Yes you're going to pay PMI but it's not worse than the opportunity cost of waiting a decade to get to 20% while the price of the house just keeps getting more and more and more expensive.\n\nSo the last is how much house are you going to need. If you want to buy a median home, honestly with your salary as it is now you simply cannot afford it even if you did have a downpayment of 20%. So if you had ideas of that right now, thats fine, but be aware you're going to need to at least double your income before you can afford that. I still recommend doing a small downpayment if you are shooting for a median priced home with a higher salary in the future. Just checked and median homes cost about 400k. So we're talking roughly $14k plus you're going to need another $10k for closing costs. At a minimum you need to find a way to save up $24k in cash just to get INTO the house, and you had better have at minimum 3 months of expenses saved up. You gotta do the math with your living expenses to see if you can even get to that with or without maxing a tradition/roth 401k.\n\nI hope what I just said isn't completely confusing and that it helps you in your journey.", '1ar5bqa'], ['u/Physical_Owl8521', 14, '2024-02-15 06:53', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhygg7/', 'What a wealth of knowledge!!! Thank you. I’m sure this post will help more people than just me too. And no it all makes sense you broke it down well, not too confusing. Thanks again I will be coming back to this post as a reference frequently haha!', '1ar5bqa']]], ['u/No-Respond-3523', "Explain it to me like I'm 5: Purpose", 12, '2024-02-15 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/', 'What is the endgame of Bitcoin if there are several big companies like Black Rock and Microstrategy and Governments have the most Bitcoin? \n\nHow are individuals supposed to adopt and use it for everyday life?', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/', '1ar5nfg', [['u/omg_its_dan', 55, '2024-02-15 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhgbtz/', 'Bitcoin wasn’t created to guarantee equal outcomes (i.e. communism). It was created to level the playing field for everyone (actual free market capitalism).\n\nThe difference is in the fiat system, we have massive wealth inequality, AND the rich/connected can manipulate the system itself to continue to grow their wealth disproportionately. No one can ever get ahead because the game is rigged.\n\nWith Bitcoin, someone can own 20M coins and they have no extra influence over the network or monetary policy than the guy with 100 sats. That’s the true power of it.', '1ar5nfg'], ['u/No-Respond-3523', 12, '2024-02-15 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhh5fo/', 'Thank you for having an actual reply.', '1ar5nfg'], ['u/Wrest_Assured', 10, '2024-02-15 05:20', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhny9q/', "Very well put. It's not a tool to create equity or equality. It is simply opting out of the manipulated system. It's also a tool that can be used for freedom of movement, say, if God forbid, you'd have to leave your country due to war, famine, etc.", '1ar5nfg']]], ['u/Crumplove', 'BEGcoin', 18, '2024-02-15 04:14', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/', 'It’s just a matter of time until he’s invested in Bitcoin if he isn’t already. \n\nI love watching him twist and contort himself, exploring a way that it’s ok to invest in it after openly talking shit about it for years. \n\nHis knowledge of what an ETF is is hilarious too. Also cold wallets - no concept of what they are. Thinks you need them to purchase goods with crypto. Thinks the ports on them matter hahahaha. Loved when his iPhone was “usb” hahahaha. \n\nThe hits keep on coming gammas. If you like watching Owen make an ass of himself today’s stream was super funny.', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/', '1ar5t4w', [['u/Effective_Fortune_49', 11, '2024-02-15 04:29', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhhcz6/', 'Just like that time this scumbag got exposed for buying stocks (using other people’s money) especially after the robin hood situation', '1ar5t4w'], ['u/Crumplove', 12, '2024-02-15 04:32', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhhszq/', 'He’s back investing with robinhood too. He’s been not so subtly exposing that like it’s normal and not something he’s been against haha', '1ar5t4w'], ['u/MaengDaX9', 14, '2024-02-15 04:47', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhjv3y/', 'I like how he’s casually claiming his bother got him into day trading. Yesterday. \n\nAs if he hasn’t been doing it all along.\n\nRemember when he said he didn’t have a Robin Hood account because it was ghey? Then accidentally showed emails from them on stream. Almost too clumsy to lie.', '1ar5t4w'], ['u/Shoddy-Employer-2457', 16, '2024-02-15 05:09', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhmp3w/', 'His thing against crypto is funny because there are a lot of parallels between Benjamin and crypto. Both cults, both completely pointless, both scams propped up by endless fraud, deception, and empty promises, both preying on people\'s weaknesses (greed, pride), and both have "anti" subreddits constantly predicting imminent collapse but likely to be disappointed because the world is full of people begging to be conned so both could go on for years', '1ar5t4w'], ['u/Crumplove', 11, '2024-02-15 06:01', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhstmu/', 'Went on a diatribe about how he only invested in wheat hahahaha but only because he wanted to inform his flock - otherwise it’s too boring - hahahahahaha', '1ar5t4w']]], ['u/SplatoonNoob', 'BitStarz.com refused my cashout and stole 2.29 Bitcoin from me', 28, '2024-02-15 04:16', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/', 'BitStarz.com is a scam Bitcoin casino. BitStarz denied my cashout and stole 2.29 Bitcoin from me without any legitimate reason. Stay far away from BitStarz.', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/', '1ar5ull', [['u/cantthinkofaname1335', 75, '2024-02-15 04:28', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhh8bx/', 'With a name like that why are you surprised', '1ar5ull'], ['u/SplatoonNoob', 14, '2024-02-15 04:29', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhhcx5/', "Because BitStarz had been reliable for many years until recently BitStarz started to deny their customers' cash outs.", '1ar5ull'], ['u/Cocky_Idiot_Savant', 12, '2024-02-15 04:29', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhher9/', 'Why does anyone use books other than FD DK BR and MGM?', '1ar5ull'], ['u/mocantin', 35, '2024-02-15 04:46', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhjpta/', 'You used a vpn. Those casinos will use everything in their terms and conditions to justify not paying you. Vpn is a big one on the list usually.', '1ar5ull'], ['u/cyhurg', 20, '2024-02-15 05:00', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhlg7v/', 'Scam casino who call themselves casino of the year for every year , definitely rigged (RTP manipulation) lol!!', '1ar5ull'], ['u/BitStarz', 13, '2024-02-15 06:33', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhwdhw/', "Hi guys, \nFirst of all, I'm not here to try to convince you that we’re the second coming of Christ or anything. I also understand that I do work for the casino so it’s quite obvious where my bias might be. \n\n\nI think at the end of this, we’re probably going to disagree on a lot of things, but I think most people can agree that it’s a good thing to get two sides of every story. Once I’ve shared our side I’m sure there’ll still be disagreements but I respect your opinions and I appreciate you guys hearing us out here too. \n\n\n \nNow, in this case, I’m not going to sit here and say that casinos are perfect and they always do things right, but it’s also important to note that a well-established casino wouldn’t just confiscate and close accounts for no reason (but I can’t speak for all of them). We can (and will) of course disagree on the reason being good enough or valid, but a casino wouldn’t last very long if it just went around and willy-nilly confiscated funds from players. \n\n\n \nAs this particular case includes some personal details I don’t want to doxx the OP. But I will share enough data that it won’t jeopardize the integrity of the player, but it will give a proper perspective on the matter.But, as rightfully pointed out this case is about verifying the player and completing the KYC (Know Your Customer) request. \n\n\n \nWe may have things to say about this process and how intricate it should be, but I think we can all agree that providing a Fake ID probably shouldn’t be allowed, and this is why we’re here today.When the OP submitted his docs we were quite suspicious as it looked photoshopped, but the OP was pretty adamant that his ID was real and said: “My documents are genuine”. \n\n\n \nWe then did a bit of research and found the exact same ID after a quick google search (https://imgur.com/a/WYbN4YG). The fact that the ID has the same details as date of birth and has the exact same background, well, I’ll let you be the judge. \n\n\n \nThe repercussions regarding using a Fake ID is something that I guess varies depending on the country, but I can’t think of anywhere it would be allowed. What the consequences would be is somewhere I think we’ll agree to disagree, and I respect your opinions regardless of where you stand on this. \n\n\n \nOnce more, I’m not here to try to convince you or sway you one way or the other, but I think the fact that the OP used a Fake ID which he photoshopped his face on is something he forgot to mention in his post. \n\n\n \nAgain, thank you for reading even if you don't agree. \nO., BitStarz", '1ar5ull'], ['u/Zestyclose_Range5900', 10, '2024-02-15 07:34', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi2d0n/', 'All what u say is useless.\nThey can ask your id and you were stupid enough to photoshop a fake one.\nOnly one to blame is you.', '1ar5ull'], ['u/typehyDro', 12, '2024-02-15 07:44', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi37ju/', 'Ngl you sound more and more suspicious as this post goes on and none of this will not help you if you decide to pursue litigation… \n\nNumber 1 thing lawyers say… shut up….\n\nBut I feel you won’t do anything and know you’re wrong and just trying to get back at them cause you got caught at an inopportune time… like when a customer at a restaurant acts like a complete jackass and gets kicked out then leaves a negative review pretending to be a saint and the restaurant the devil…', '1ar5ull'], ['u/Sooh1', 12, '2024-02-15 08:41', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi83zg/', "You used a fake id and keep ignoring everyone calling you out on it. You screwed yourself my guy, not them. It doesn't matter if they changed their terms against US players, you straight up did something actually illegal and got caught. That supercedes any whine you got about them. I'd tell you hire a lawyer but it's almost guaranteed they'll look at you and say you caused this, but they'll still probably take your money like the casino did", '1ar5ull'], ['u/vbulljon', 17, '2024-02-15 09:19', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqib54g/', "Ok, give them the opportunity to fix it. It's not your fucking money to just keep. The audacity to just pop in here defending why your keeping players money. GTFO.", '1ar5ull']]], ['u/Ging9tailedjecht', "Somebody's searching for that Bitcoin!", 21, '2024-02-15 04:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1ar65aq/somebodys_searching_for_that_bitcoin/', 'Best of luck to whoever you are! Hope you post here!', 'https://i.redd.it/qjylb8uq5oic1.jpeg', '1ar65aq', [['u/TonyCrypto721', 13, '2024-02-15 04:39', 'https://www.reddit.com/r/Currencytradingcards/comments/1ar65aq/somebodys_searching_for_that_bitcoin/kqhisyk/', 'Man I guess I’m a dreamer, no way I’m selling them, I would have to scratch!', '1ar65aq']]], ['u/MaxLangley', 'Warning: BitStarz.com steals Bitcoin from its customers; scam Bitcoin casino ', 82, '2024-02-15 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/', 'I had almost 3 Bitcoin in my account and when I went to cashout /u/BitStarz made up a fake new terms of service to "confiscate" my bitcoins. Do not gamble at BitStarz.com. ', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/', '1ar7fhk', [['u/Frogolocalypse', 60, '2024-02-15 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/kqht11s/', "If you're sending bitcoin to shysters and charlatans expecting to be able to gamble it into something more, you're doing everything in your power to throw your money away.", '1ar7fhk'], ['u/Frogolocalypse', 21, '2024-02-15 06:10', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/kqhtuq7/', '> BitStarz was a reliable bitcoin casino for YEARS\n\nThe security model of "It hasn\'t happened yet therefore it won\'t happen" isn\'t the legendary life hack you used to think it was.', '1ar7fhk'], ['u/Frog... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Coinbase Global(NASDAQ: COIN)Q4 2023 Earnings CallFeb 15, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase fourth quarter and full year 2023 earnings call. All lines have been placed on mute to prevent any background noise.\nAfter the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase fourth quarter and full year 2023 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties, and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial metrics. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using safe technologies to enable our shareholders to ask questions. In addition, we will take some live questions from our research analysts. And with that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. I'm proud to say that in 2023, we cut costs by 45% year over year and managed to ship products faster with a lean team. This led to $95 million of positive net income for 2023, $964 million in positive adjusted EBITDA, and total revenue of $3.1 billion. Coinbase has always taken a long-term approach focusing on building in a compliant manner even when it wasn't the popular choice.\nMany of our competitors cut corners and broke laws to get big fast, and we've seen how that strategy played out. By contrast, Coinbase has now established itself as the trusted leader in crypto. I've always said that crypto adoption will happen in three phases, and I want to touch on what we did in 2023 to help drive each of those. In Phase 1, crypto is a new asset class that people want to trade.\nCrypto trading has been a major revenue driver for the industry, and Coinbase is the leader in spot trading in the US But in 2018, derivatives trading became the majority of crypto trading volume. It took us longer to do it in a compliant way, but I'm happy to report that in 2023, we have now launched derivatives trading globally. In Q2, we launched Coinbase International Exchange, which offers derivatives trading to non-US customers. And in Q4, we launched Coinbase Financial Markets, which offers regulated futures trading in the US.\nWe also expanded our trading products around the world by getting new licenses. In 2023, we launched operations or received licenses or registrations in Bermuda, Brazil, Canada, France, Singapore, and Spain. Most of the world's capital is held in institutions. And in 2023, we also meaningfully improved our institutional trading products.\nWith Coinbase Prime, we grew our institutional financing products. We launched Coinbase Asset Management. We even played a key role in the approval of the Bitcoin ETF as Coinbase was selected as the custodian in 8 of 11. This will unlock new pools of capital to flow into the crypto space with Coinbase playing a key role here.\nWe're earning revenue, not just on custody, but also on trading and financing. We've already seen great demand as Bitcoin is now the second largest ETF commodity in the US, surpassing silver. All of these improvements will continue to grow Phase 1, crypto as a new asset class. The second, Coinbase is not just a new asset class, it's also powering new financial services.\nAnd in 2023, stablecoins began to be used in global payments. We launched the ability to send free instant global payments on USD coin using base. We're now in the process of integrating this into our products to make payments of a first-class experience. And in August, we entered into an arrangement with Circle to help expand the utility of USD coin, which is now launched on over a dozen blockchains and is the second largest stablecoin with a market cap of $28 billion.\nIn the third phase and final phase, we believe crypto will also be a new application platform for the Internet. Over time, the Internet has become more and more centralized with big companies. The Internet also didn't start with a native form of money or payments or value built in. So we got credit cards bolted on as an afterthought.\nAnd the number of associated issues like fees, fraud, chargebacks, limited ability to send microtransactions or do cross-border commerce and that led to the rise of ad-based business models. Crypto is decentralizing the Internet with a new set of protocols for money, identity, messaging, social media, content, governance and even voting. And Coinbase is trying to help accelerate this trend in a number of ways. In 2023, we launched our own Layer 2 solution called Base.\nThis will help blockchain scale to $1 billion or more users, bringing down transaction costs and confirmation times similar to the Internet going from dial-up to broadband. We also launched improvements in Coinbase wallet. For instance, we made it easier to find and use decentralized applications or dApps. For instance, with one tap, you can now open and adapt and you're already signed in and you have your wallet connected.\nThere's no sign-up process for each app or having to type your credit card details into each app. It's still early days for crypto as an application platform and many of the early applications look like toys, but it has captured the imagination and hearts of developers, and Coinbase is one of the few companies who can bring together all the decentralized protocols into a compelling customer experience, which is what we're attempting to do with Coinbase Wallet. So that's how we see crypto evolving. First, as a new asset class, second is a new set of financial services; and third is a new application platform.\nIn 2023, I also said regulatory clarity was a top priority, and I want to give you a quick update on this. The majority of G20 countries now have crypto legislation either already passed or being drafted. And this is really great progress. In the US, there are even two bills going through Congress now with strong bipartisan support.\nCoinbase, along with other players in the crypto space, contributed to an $85 million super pack designed to elect pro-crypto candidates in this upcoming US election. And we helped create standwithcrypto.org, a grassroots movement for crypto advocates in the US. Their goal is to get to 1 million voters who want to stand for crypto in the 2024 elections. They're at 30% of that goal today with about 300,000 members and it's growing every week.\nIn the US, we're still working our way through the court system to get clarity there. But in the meantime, we're continuing to grow our business. Anecdotally, it's something our customers come up with and thank me for the most, leading the charge to get regulatory clarity in the US. We remain confident the US will get this right.\nwhether it comes from the courts, creating new case law, Congress passing new legislation, or ultimately the 52 million Americans who've used crypto voting in this upcoming election. Looking ahead to 2024 for a moment, I'd like to share a few of our top priorities for the year in closing. Our first priority will be to drive revenue, especially growing our two largest revenue streams, trading fees, and stablecoins. We'll do this with international expansion, growing derivatives and spot trading and more deeply integrating USD coin into the crypto economy.\nBy continuing to drive revenue growth, it allows us to fund some of our other priorities and the utility aspects of crypto. Our second priority is going to be to keep driving utility in crypto. This year, we'll be experimenting with payments as a use case. We're starting to see adoption of USD stablecoins in emerging markets, especially those with high inflation -- and customers can now send USD coin for free instantly anywhere in the world on base.\nThis has the potential to make global payments much lower friction, reducing fees. We'll also keep supporting developers building on Base. For instance, just recently, we've seen a surge of activity on the decentralized social media protocol Farcaster, and the majority of developers are now building what are called frames on Farcaster using base. We'll also be investing in Coinbase Wallet, our self-custodial app, where many of the early utility applications like decentralized social, identity, or messaging are starting to take shape.\nCrypto still needs to have its iPhone moment where these decentralized protocols become easy to use for the average person, and we're hoping we can help make that happen. Lastly, we'll continue to drive regulatory clarity for the industry. We're supporting standwithcrypto.org and its goal to activate 1 million advocates for crypto in this upcoming election and we'll continue to engage with Congress to work toward new crypto legislation in the US. Finally, we'll continue the fight in the courtroom to get sensible case law passed.\nI'm very pleased with our financial position, operating efficiency, and the competitive landscape, and I think we're incredibly well-positioned for long-term growth. With that, I'll hand it over to Alesia.\nAlesia Haas--Chief Financial Officer\nThanks, Brian, and good afternoon, everyone. In 2023, we focus on financial discipline and operational excellence. As a result, we're in a much stronger position today than we were one year ago. I wanted to share some highlights.\nSo highlights from 2023 include significant growth in our subscription and services revenue through a down market, materially lower expenses, a return to profitability, a stronger balance sheet, we have more US dollar resources and less debt as we enter 2024, and we did this all while accelerating our product velocity. Let's dive deeper and start in the details of full year 2023. We generated $95 million of net income and nearly $1 billion in adjusted EBITDA. Our total revenue was $3.1 billion, down $86 million year over year.\nWe saw a decline in transaction revenue, but this was largely offset by a 78% increase in subscription and services revenue. Our full year total operating expense declined $2.6 billion. Within this, sales and marketing, technology and development, and general and administrative expenses declined $1.7 billion on a year-over-year basis. Turning to our Q4 results.\nAll the comparisons I'm going to share on a quarter-over-quarter basis unless I otherwise noted. Q4 began with lower levels of crypto prices and volatility, but we saw those increase by roughly 40% and 60%, respectively, by the end of the quarter. These increases were largely driven by excitement around Bitcoin ETF approvals and broader market expectations for an improved macroeconomic condition in 2024. The increase in volatility had a meaningful impact on our transaction revenue.\nWe saw strong growth and reengagement from both simple and advanced traders. Notably, average trading volumes materially increased among our advanced traders. This resulted in Q4 transaction revenue of $529 million, up 83%. both volatility and the mix of advanced and simple trading volume was similar to Q1 of 2023.\nAnd as a result, our Q4 blended average fee rate was similar to the Q1 levels. As a reminder, we continue to experiment with our pricing models for both consumer and institutional, and price changes may impact future quarters. However, to be clear, we did not make any material changes to our fee structure in Q4. And the blended average fee rate that you see reported is simply due to mix shift on our platform.\nNow turning to subscription and services revenue. Q4 was $375 million, up 12%. The primary driver of the growth was blockchain rewards, which was influenced by higher crypto asset prices. In the fourth quarter, we experienced another quarter of native unit growth.\nWe saw inflows in custody and increase in stakes balances. We saw growth in USDC on our platform. We closed the year with just under $200 billion of assets on platform. On to expenses.\nQ4 total operating expenses were $838 million, up 11%. Expenses were primarily driven by seasonal and performance marketing spend, increased legal spend and our decision to increase bonuses in 2023 as a result of our strong full year financial performance. Q4 net income was $273 million, and adjusted EBITDA was $305 million. Q4 net income benefited from strong revenue growth and two items.\nFirst, we released a noncash tax valuation allowance of $121 million. Second, we repurchased $100 million of our 2026 convertible debt, which had a favorable P&L impact of $18 million. Now turning to our outlook for the first quarter of 2024. Overall, Q1 is off to a strong start.\nThrough February 13th, transaction revenue was approximately $320 million. This is about six weeks of the 12-week quarter. We are seeing strong trends across simple, advanced, and institutional trading. Thematically, it looks similar to Q4.\nWe expect Q1 subscription and services revenue to range between $410 million and $480 million, with crypto prices being the largest driver of where we perform within that range. In terms of expenses, we expect technology and development and general and administrative expense to grow modestly to $600 million to $650 million, driven primarily by higher stock-based compensation. We provide additional context in the letter. We expect sales and marketing expense to decline modestly to $85 million to $100 million, driven by seasonally lower NBA spend.\nIn closing, Q4 capped a strong year to our business, and we are excited for what 2024 brings. Before we turn to questions, I'd like to hand it over to our chief legal officer, Paul Grewal, to share an update on the status of our SEC case.\nPaul Grewal--Chief Legal Officer\nThank you, Alesia. As Brian mentioned, at the outset, regulatory clarity is one of our top priorities in one venue through which we are seeking that clarity is through the courts. We continue to see progress in the early stages of our enforcement litigation with the SEC. Just last month, on January 17th, the judge in our case held oral argument on our motion for judgment against the SEC.\nThis is still a very early stage of the case. It's always very hard for defendants to entirely dismiss any case at this stage, something that court statistics make clear. But we strongly believe that we are right as a matter of law, and we were grateful to see the court's careful attention to this matter and deep understanding of the issues at the oral argument. So what is next? The motion is under submission and the court did not specify any timeline for decision.\nThere are multiple potential outcomes, but we are ready for any of them. The court could dismiss the complaint in its entirety, dismiss some of the claims, but not others, or dismiss none of the claims at this early stage. Any claim that is not dismissed will then be the subject of discovery, which is a process that can take time. We are ready for discovery, if that is the next step, which would include discovery for both sides.\nAfter discovery and before trial, we'll have the opportunity to file a motion for summary judgment, which is similar to our pending motion in that it can end the case before trial. That is the type of motion that disposed of much of the ripple case. Whether the case goes to trial or is dismissed, we will get the clarity we have long sought. We are confident in the outcome, whether it comes later or it comes sooner because we're right on the facts and right on the wall.\nAnil Gupta--Vice President, Investor Relations\nSo, thank you all. With that, let's turn to shareholder questions. We are taking the most upvoted questions as determined by the number of shares. The first question, why do insiders continue to sell their shares daily? Alesia?\nAlesia Haas--Chief Financial Officer\nThank you for the opportunity to share some context around this topic. First, all of our insiders, myself, Brian, Emilie, Paul, those on the phone, and all of our insiders, we all have shared long-term conviction in Coinbase. Second point I want to make. Equity is a significant component of the compensation that we offered insiders and employees alike.\nWe believe this most closely aligns our incentives to business performance and the interest of our stockholders. Third, it's important to note that these sales account for a small portion of Insider's total holdings in Coinbase. Last, executives and the board can only trade via trading plans that are governed by SEC rules. And we maintain corporate policies governing these plans that are commonplace among public companies.\nNobody is trading based on real-time stock price movements, company news. All of our trading plans are required to be set up well in advance. Further, they're disclosed in our public financial filings, and they allow Insiders the ability to sell at a predetermined number of shares at a predetermined time or price. Our stock was up nearly 400% in 2023.\nAnd as a result, some of those thresholds were met and sales were executed. But I just want to close, we are all holding long-term conviction in the opportunities at Coinbase.\nAnil Gupta--Vice President, Investor Relations\nLet's go to our next question. What is the plan to expand revenue drivers outside of the ETF custodian plans? The market shifts quickly and Coinbase needs to be nimble, both within the US and abroad. We've seen your shift into the European markets. How will this evolve going forward? Brian?\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYeah. So I'll focus on the ETF question since there's been a lot of buzz around it. And we've always said that ETFs would be a win-win for Coinbase and we're starting to see that play out on our platform. So in preparation for this launch, we won 8 of 11 spot Bitcoin custody mandates from issuers, and today, Coinbase custody is about 90% of the $36 billion in Bitcoin ETF assets as a result.\nSo across the entire industry, we've seen over $4 billion of net inflows into spot Bitcoin ETFs. The Bitcoin ETFs are breaking records. And when gold launched in November 2004, it took one year to get to $3 billion. These ETFs did that in a few weeks.\nAnd so this is a really an incredible start. This is really just the beginning. We're now starting to see some of these issuers file for Ethereum ETFs, for example. We've been named as the custodian in five of the ETH ETF applications.\nAnd custody isn't really the only way that we're monetizing this. We're also helping with trading via Prime. We're helping with financing for trade settlement. So there's other opportunities to generate revenue here.\nFor anybody worried about cannibalization, ETFs have been positive for the industry, which has been additive for Coinbase. We're seeing elevated engagement and net inflows across both retail and institutional Q1 to date. What's even more important is that every institution is now starting to hold crypto, the asset class will be a standard part of every diversified portfolio. The financial system is officially adopting crypto.\nThis is really good, and Coinbase is the most trusted partner here.\nAnil Gupta--Vice President, Investor Relations\nOur next question, Coinbase's venture portfolio is a hidden gem that Wall Street doesn't seem to be taking into consideration in their valuation of Coinbase as a company. during the earnings call and potentially in your materials, can you highlight this portfolio and its long-term opportunity? Emilie?\nEmilie Choi--President and Chief Operating Officer\nYeah. Well, I definitely agree, it's an undervalued long-term opportunity, and I think we have a strong disproportionate advantage in the market. By the way, I should mention that the value of our portfolio is held on our balance sheet at cost is not reported at fair value. So we booted up ventures six years ago when I first joined and one of the things that Brian and I talked about was what if in the early days of companies such as Google and Facebook and others, those companies have been able to make investments in the most exciting emerging Internet companies at the time like a Strife or a Shopify.\nSo that is what we view our opportunity in the crypto ecosystem. We started it very rapidly with no dedicated team or resources. We just started investing in great start-ups, and we are now one of the most active investors in the space with more than 400 investments in our portfolio. I view our competitive advantages as having great relationships with Coinbase alums and the ecosystem.\nOne example is Farcaster that Brian mentioned before. That's one of the Coinbase alums who founded that. We also take a very long-term view. We don't panic when the market sell off.\nIt's kind of the opposite of a herd mentality. We double down when others are fearful. And we love it because it helps us get connected to the crypto frontier and to invest in the ecosystem. One area we're seeing tremendous energy around right now is the creator economy.\nSo companies such as Paragraph, XMTT, Farcaster, all of these are looking to decentralize existing social platforms. And then looking ahead, we're really excited about on-chain consumer applications such as gaming, social messaging, and media and then there's a lot of new protocol developments like restacking that we're excited about. We're also seeing a huge growing opportunity outside the US, and our portfolio has a strong footprint in the global crypto ecosystem. One other thing I should mention is that because of the US's lack of clear regulation on crypto, we are pushing a lot of innovation outside of the US.\nThe US has been losing 2% of blockchain developer share annually since 2017. And this is following the same pattern as semiconductors and 5G moving offshore. It really just reinforces the need for us to have clear legislation, and we think it's a huge opportunity that the US is currently squandering. It's also why on the venture side, we are investing globally.\nThere's a lot of interesting regional exchange platforms across Latin America, India, Africa, and other regions.\nAnil Gupta--Vice President, Investor Relations\nGreat. So with that, Sarah, let's switch and take questions from the analysts.\nOperator\nThank you. [Operator instructions] Your first question comes from the line of Ken Worthington with J.P. Morgan. Your line is open.\nKen Worthington--JPMorgan Chase and Company -- Analyst\nHi, good afternoon. Thanks for taking the question. I wanted to dig a little more into payments. We noticed the recent partnership with ledger and you announced the updates to commerce earlier in 4Q.\nAnd clearly, there is an enhanced relationship with Circle. So maybe first, how do the different pieces kind of fit together to drive what you're trying to build? Second, in terms of the use cases, is these basically cheaper remittances for retail and 365-day-a-year transfer for institutional clients? Or is there a longer-term vision? And then lastly, what does the revenue model look like for Coinbase in payments? Is it more asset-based? Or is it transaction-based? Thanks for all those.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYeah, I can take that one. Thanks, Ken. So as you mentioned, payments is one of the areas that we're exploring in 2024 around utility, and I'm pretty excited about that as an opportunity. I mentioned in the opening comments that last year, we did announce that you can send USD coins on Base and instantly anywhere in the world for free.\nSo the cost and the transaction fees and the confirmation times are really starting to come down. And the more you reduce friction, the more payments you'll start to see. And so there's a variety of different use cases for payments. Payments is a huge industry.\nSome of this you can look at in emerging markets where people have local currencies where there's high inflation and so the dollar has a great brand there. People want access to the dollar. So they're able to do that now with stablecoins and USD coin kind of gives them a trusted option that's regulated and the partner we have with Circle. They've been a great partner.\nThey're a great issuer of that. So emerging markets, demand for the dollars as an inflation hedge. I think is a starting point. And then once people have those dollars, they're going to want to start to pay for things in their ordinary course of the day with those instead of the local currency where they're experiencing that inflation.\nSo some of that is cross-border. Like you said, there's people in some of these markets they're ordering goods and services for their shops, from Asia or Europe to some of it's cross-border, some of it's for B2B, some of it's remittances. Some of it is also -- they just want to earn yield on their assets. Like as an inflation hedge is a great start, but if you can earn yield like in some of these like with USD coin, that's even better.\nSo there's sort of that emerging market use case. And then we've also dabbled in payments kind of in other areas like you mentioned Coinbase Commerce launched this on-chain payment protocol, which is really innovative. We're trying to make crypto he simplest, easiest way to pay on the Internet. Even Coinbase Card has allowed people to spend their crypto and USD coin anywhere that Visa is accepted.\nSo there's a lot of different use cases. I mean, if you kind of want to zoom out, you asked about what's the longer-term vision here. I mean we really want to update the financial system, right? We want to have crypto play a larger and larger role in the global financial system, have it be a greater and greater percentage of GDP over time. And so crypto really started off being this asset class people trade, but we now need to look at how it can improve these other areas.\nAnd payments is a huge one. And as we've seen Layer 2 solutions come online like Base, I think the time is now to start to invest in that. You asked about monetization also. I mean, look, this is all really early stage.\nSo we don't have any kind of forecast on it or anything like that. But there's opportunities for us here to monetize via Base, also via USD coin, which you can see pieces of in our financials today. So that's all long term. I think if we can drive a daily use case with crypto, even if people don't even think of it as crypto.\nThey're just -- the fees are lower. My money arrives instantly instead of waiting three business days. You may not even know it's crypto underneath, but that's how we get 1 billion people eventually benefiting from this. And I think there'll be a lot of opportunities to monetize that over time.\nOperator\nYour next question comes from the line of Chase White with Compass Point Research and Trading. Your line is open.\nChase White--Compass Point Research and Trading -- Analyst\nThanks for taking the question. So opex came in a bit higher than guidance across each line item, which appears to, at least in part, be driven by the stronger market conditions. It seems pretty clear to us at least that we're heading into a bull cycle and we're just now getting into it. I mean, obviously, that should drive trading volumes and revenues higher, and really most revenue line items potentially a lot higher.\nSo how should we think about the various opex line items if the business were to return to prior cycle highs or even higher? Like is there a need for tech and dev marketing G&A to grow significantly from the current run rates in lockstep with revenue? Or should they kind of stay flat where they are? Just a little color on that would be great.\nAlesia Haas--Chief Financial Officer\nThanks, Chase. Happy to answer that one. So broadly, we have some variable costs that will track with revenue growth, and those are largely our transaction expenses. As we've shared with you, that includes minor fees, that includes verification, and just some various costs of transaction and it also includes the payout of staking rewards.\nThose ones will drive 100% correlation with our revenue. We have a few other variable costs we will need to add, for example, more CX customer support costs. We will need to add some more network support if we see significant volume, but it will be very modest. We can absorb a lot of volume growth without adding expenses.\nThat said, we continue to look at our expense base and invest proactively in diversifying our revenue streams. And so if we see ourselves in a prolonged upmarket, we may choose to increase expenses, but we will be very transparent with the Street if we make that decision later on this year. We've given an expense outlook for Q1, where we expect some very modest changes to our Q4 results. And so at this point in time, we will communicate in that way with you and expect expenses to be pretty modest in a really challenging year for the next few months.\nOperator\nYour next question comes from the line of Owen Lau with Oppenheimer. Your line is open.\nOwen Lau--Oppenheimer and Company -- Analyst\nHi, good afternoon. Thank you for taking my question. At the House hearing yesterday, the undersecretary confirmed with Congressman Tom Emmer a report about Hamas using digital assets to raise funds was inaccurate, and crypto was not even a popular tool for terrorists. Even though Chainalysis, put a report to correct that record, it doesn't appear that it gets enough attention.\nSo I have two questions here. Could you please talk about Coinbase investments in anti-money laundering program to protect your customers and also your reaction to that conversation? Thank you.\nAlesia Haas--Chief Financial Officer\nThanks, Owen, and thanks for noticing that. We were really pleased to see that House hearing yesterday and really pleased with the correction of the record here. One, we have significant investments in AML. We have a large compliance team that has best-in-class compliance approaches the same as any other fintech or bank.\nWe follow very standard rules in this place and are governed by our MTL licenses and our Bitcoin license with NYDFS. We're really proud to be one of the most compliant crypto companies, frankly, in the world with this regard. I will share how Paul's share reaction to the hearing and maybe I'll pass it over to you, Paul.\nPaul Grewal--Chief Legal Officer\nThanks, Alesia. We were very pleased to see the Congress pay careful attention to this issue. French Hill, chair of the subcommittee, could not have been clear when he observed that the Treasury undersecretary made explicit what we have been saying all along, which is that bad actors still prefer to use traditional finance rather than digital assets to fund their activities. That I think was an important validation of something that we've been saying for a very, very long time.\nAnd Mr. Nelson, the undersecretary, also confirmed that prior reports that have been published that successful international collaboration with Israeli law enforcement had limited Hamas and its use of its digital assets ahead of the attack against Israel. So we think that the facts are clear. And we are pleased that when confronted with those facts, the Congress is underscoring that crypto is an answer to the problem of illicit finance.\nIt is not solely the problem.\nOperator\nYour next question comes from the line of John Todaro with Needham and Company. Your line is open.\nJohn Todaro--Needham and Company -- Analyst\nThanks for taking my question. First off, congrats on the quarter, pretty great results here. I have two questions on the institutional business. So it looks like take rate there went up.\nTrying to understand what drove that or if there was some other revenue that went into that institutional revenue, whether that was base chain or derivatives. And then second, as we think about Q1 '24, had the Bitcoin ETFs, has that driven more institutional activity on the platform moving forward, we should think of institution as a greater makeup share of the total volume?\nAlesia Haas--Chief Financial Officer\nThanks for the question, John. So embedded in our institutional product revenues are really two products. One is the markets business, which is our exchange, where we have market makers and liquidity providers transacting directly on the exchange and the other is Coinbase Prime. Coinbase Prime has a higher fee rate than the exchange.\nAnd so similar to the consumer side, we see mix shift driving the blended average fee rate on institutional. And we're seeing strong growth of Coinbase Prime, and it had a larger share of volume in Q4, which drove the increase in that fee rate in the fourth quarter. Going to your second question on have Bitcoin ETFs driven more into activity. As we shared earlier and Brian shared in his response, ETFs have just been net positive for the industry and additive to Coinbase.\nAnd we're seeing elevated engagement and net inflows on institutional, as well as retail Q1 to date.\nOperator\nYour next question comes from the line of Devin Ryan with JMP Securities. Your line is open.\nDevin Ryan--JMP Securities -- Analyst\nGreat. Thank you so much. From what I can track, you guys have seen a very sizable acceleration in derivatives volumes even in recent weeks, it seems like it's been accelerating quite a bit on the international exchange. So nice to see the momentum there.\nAnd obviously, we know the derivatives market is larger than the spot market. So I guess, first off, how would you frame the scaling that you're experiencing already relative to how you're thinking about the broader potential longer term? And then second, what is the user profile on take rate look like there now? And then where do you see that user mix and take rate moving over time as it matures? Thanks.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nI can start off on derivatives and then Alesia, maybe I'll turn it to you on some of the take rate questions. So thanks for tracking. We have been hitting daily all-time highs on our international exchange which has been really great. It's still early days, just to be clear, but the market, I think, has really demonstrated they want to see a trusted counterparty here built in a compliant way.\nAnd Coinbase is really the first company they've seen come along that fits that definition. So we've been making a lot of progress on our international derives exchange. We added 11 new markets in Q4. We're now up to about 70% of global TAM.\nWe announced that we're acquiring a MiFID license that will help us unlock drives in about 20 additional EU member states. We've been adding new product features like 10x leverage. We did that in Q4. I think we've had about -- it's about $16 billion in notional volume traded on international exchange in Q4.\nSo it's been really good progress on that. Same thing, by the way, for Coinbase financial markets in the US, we got license to trade US futures, which has been really great. And so, yeah, I think our daily milestone that we just surpassed actually today, it was $700 million in a 24-hour period that was on the international exchange. So really great early start.\nI think that clients are going to continue to want to prefer a trusted counterparty that's following the rules. Coinbase is the brand that can help them do that. And crypto derivatives trading is actually about 75% of all crypto trading by volume at least. The take rate is lower on it, but it is the majority of volume.\nAnd so I'm really glad that we're now starting to build our business in that area. Alesia, anything you want to add to take rates?\nAlesia Haas--Chief Financial Officer\nSure. As Brian said, we are early days in derivatives. We're excited about the progress that we are just getting started. As such, our current goal is to really gain market share.\nWe are offering tiered pricing over time. But right now, it's going to be competitive to build liquidity and attract users and we'll experiment and adjust as we scale.\nOperator\nYour next question comes from the line of Benjamin Budish with Barclays. Your line is open.\nBenjamin Budish--Barclays -- Analyst\nHi, good evening and thanks for taking the question. I wanted to follow up on one of the earlier questions on the Prime business. Can you maybe do a little bit of a dive into what specifically you're doing there? Obviously, I would assume there's some kind of execution. But what are the sort of services you provide? How are you monetizing them? And can you just confirm that revenues through Prime are also reported or confirm or not confirm that they are reported within the institutional volume metric that you give?\nAlesia Haas--Chief Financial Officer\nWhy don't I start with this? So Coinbase Prime is our one-stop shop for institutions. It comprises a suite of products, including custody, trading, financing, those are the large three that are under that umbrella. When you look at our institutional transaction revenue, that is largely the trading business. We separately disclosed custodial fee revenue and the financing business is largely in other subscription and services right now because it is still nascent and growing.\nWe haven't broken it out as a separately disclosed line item.\nOperator\nYour next question comes from the line of Pete Christiansen with Citi. Your line is open.\nPete Christiansen--Citi -- Analyst\nThank you. Good evening. Alesia, I'm a little surprised the sales and marketing is expected to be flattish, I guess, into Q1. I would think the status of the asset class, and international business picking up, Coinbase would want to lean in a little bit more there.\nI was just wondering if you could talk to those dynamics. Maybe you're seeing different mix shift that's impacting it between institutional or retail or maybe you're seeing better marketing efficiencies. Just wondering if you can walk us through that progression and how you're seeing the setup for this year.\nAlesia Haas--Chief Financial Officer\nThanks, Pete. So a large part of our sales and marketing spend is actually in brand spend and we have seasonality with an NBA contract. And so what you see is a shift in spend between Q4 and Q1, where we will spend materially less on that NBA contract and redirect that spend to other areas, which is leading to a slightly down guide for Q1 versus Q4, but we are reinvesting. We are really proud of our marketing efforts, and I might call Emilie and to answer some of those questions, but we really feel like we hit our stride with marketing over the last year and are continuing to lean in and invest where we see strong ROI and strong return on those investments.\nEmilie Choi--President and Chief Operating Officer\nThankfully, the marketing investments have been very high ROI as one of the things that we've demanded since we've implemented the program. And I think that we're going to continue to test the boundaries of it, especially as we expand more and more into policy marketing to get our messages across to policymakers.\nOperator\nYour next question comes from the line of Bo Pei with US Tiger Securities. Your line is open.\nBo Pei--Tiger Securities -- Analyst\nHi, management. Thanks for taking my questions. So some questions on the retail take rate. So with the recent approval of Spot Bitcoin ETFs, most people believe crypto is now becoming a more mature asset class.\nAnd typically, as a new asset class becomes more mature, one should expect trading designs to become cheaper. So do you think crypto investors have become more sophisticated now? And do you see more traders migrating to the Coinbase advanced platform? And do you expect the trading take rate to gradually decline to below 1% in this crypto cycle like in the last one and a half years or two years? If this happens, do you believe the volume increase can more than offset the take rate decline? Thank you.\nAlesia Haas--Chief Financial Officer\nThanks, Bo. I'll share since we went public, we've received a question on fee rate and fee rate compression or cannibalization every quarter. And we have yet to see that phenomenon on our platform, and we have yet to see that as a result of the ETFs as well. As we shared, even in quarter-to-date Q1, we've seen net inflows across both retail and institutional, and we have not seen any shift in our customer behavior as a result of the ETFs, all we've seen is ETFs being a net add to the industry net positive for Coinbase, net positive for the industry overall with more engagement across the board with both our retail and institutional clients.\nWe've shared over time, we agree with you with the thesis that as you see commoditization, you should see fees come down. but we do not see that today, and we continue to see customers choose Coinbase for the breadth of our product offering, the security of our platform, and we think that that will continue to persist for some time.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYes. Sorry, I just wanted to add. I mean, just a reminder, the entire industry, we've seen about $4 billion of net inflows since the Bitcoin ETFs launched. I think that's really additive.\nThe thing to remember here is we want crypto to really update the global financial system. So that means we need to get it integrated into more and more parts of the financial system. Every time that that happens, we're sitting here cheering for it. We want fees to come down and make it lower friction for people to get into crypto through all kinds of different vehicles.\nETFs are a massive way to get more capital to come in. So far, we have not seen any cannibalization. As Alesia said, it's been additive for Coinbase, and we're seeing elevated engagement and net inflows on both retail and institutional Q1 to date. So in my view, the ETFs are just a totally positive thing.\nAnd the more institutions that kind of get their feet wet with crypto, whether it's through an ETF or any other way, the better because they're eventually going to be using it in other ways, holding it on their balance sheet, paying their vendors, doing payroll. We want crypto to power more and more of global GDP. And we've got to get this happening through every opportunity we can. So ETFs are incredibly positive, I think, for our business.\nOperator\nYour next question comes from the line of Joseph Vafi with Canaccord Genuity. Your line is open.\nJoseph Vafi--Canaccord Genuity -- Analyst\nHey, guys. Good afternoon. Thanks for taking my question Nice results. I've got a few, but maybe I'll just focus my question on a follow-up to the previous one.\nI mean owning the underlying spot versus owning an ETF may seem the same for some investors, but I'm sure you thought a lot about owning the underlying spot versus an ETF and your differentiation in that. And so it would be great to hear what you see perhaps as the benefits of owning a Bitcoin outright versus owning an ETF. Thanks a lot.\nEmilie Choi--President and Chief Operating Officer\nI guess I'll start and Alesia, maybe you can just pop in One of the things we wanted to do in this ecosystem was to play the role where we have the kind of strongest competitive advantages. And because we've invested so much in the custody solution and the prime services, it felt like a really good area for us to play, and that's why we garnered the majority share when we were working with these ETFs. Separately, we also want to make sure that we are able to invest in solutions where clients can invest in different crypto assets, and we have CBAM, Coinbase Asset Management, as something separate from that. But I think we're trying to play the role that it's best for us in each different part of the value chain.\nAlesia, anything to add to that?\nAlesia Haas--Chief Financial Officer\nOne thing I'll share is that the majority of customers on our platform do more than just on Bitcoin. Most customers own more than two crypto assets. If you look at our trading volume for Q4 42% of our trading volume was in other crypto assets, not Bitcoin, not Ethereum, not USDT. So I think that what we believe is that the Bitcoin ETF is introducing new capital folks that were not coming to the spot market, folks that may want to invest to their 401k, invest in a fund, and that's where we're seeing more adoption, more growth, more awareness of this asset class.\nBut what we see is that when people start to learn about Bitcoin, they often then become excited about another asset, and they want to use that asset. They want a stake. They want to explore the crypto ecosystem in the decentralized applications. And so we're delighted to see the expansion of users and investors in this asset class.\nWe believe this is going to be just net additive to the space.\nAnil Gupta--Vice President, Investor Relations\nSarah, we have time for one more question, please.\nOperator\nThank you. Our final question will come from the line of Alex Markgraff with KBCM. Your line is open.\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nHey, everyone, thanks for taking my questions. Maybe two, first one for Paul, if I could. Just on the challenge of SEC's decision not to engage in rule-making. Just could you give us an overview of the process here and sort of the range of outcomes that you're looking for?\nPaul Grewal--Chief Legal Officer\nI'm happy to do that. You're referring, of course, to our petition that we filed in the Third Circuit Court of Appeals, challenging the decision of the SEC to reject or deny our request for formal rule-making. That challenge is moving ahead. We were gratified to see the court set a briefing schedule.\nA briefing will begin next month and continue on into the spring on this question of whether the SEC act within its discretion in denying those that request for rulemaking or acted arbitrarily capriciously and denying our request. We're confident that the third circuit will see it our way, and we look forward to the opportunity presenting our arguments at the appropriate time.\nAnil Gupta--Vice President, Investor Relations\nGreat. Well, that's it for today. Thank you all for joining us, and we look forward to speaking with you again next quarter.\nOperator\n[Operator signoff]\nDuration: 0 minutes\nAnil Gupta--Vice President, Investor Relations\nBrian Armstrong--Co-Founder and Chief Executive Officer\nAlesia Haas--Chief Financial Officer\nPaul Grewal--Chief Legal Officer\nEmilie Choi--President and Chief Operating Officer\nKen Worthington--JPMorgan Chase and Company -- Analyst\nChase White--Compass Point Research and Trading -- Analyst\nOwen Lau--Oppenheimer and Company -- Analyst\nJohn Todaro--Needham and Company -- Analyst\nDevin Ryan--JMP Securities -- Analyst\nBenjamin Budish--Barclays -- Analyst\nPete Christiansen--Citi -- Analyst\nBo Pei--Tiger Securities -- Analyst\nJoseph Vafi--Canaccord Genuity -- Analyst\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nMore COIN analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Global (COIN) Q4 2023 Earnings Call Transcriptwas originally published by The Motley Fool", "• Comprehensive SWOT analysis based on the latest SEC10-Kfiling.\n• Financial overview highlighting Coinbase's revenue streams and market positioning.\n• Strategic insights into Coinbase's competitive advantages and market challenges.\n• Forward-looking statements on Coinbase's plans to leverage its strengths and address potential threats.\n• Warning! GuruFocus has detected 6 Warning Signs with COIN.\nOn February 15, 2024, Coinbase Global Inc (NASDAQ:COIN), a leading cryptocurrency exchange platform, filed its 10-K with the SEC, providing a detailed account of its financial performance and strategic positioning. Founded in 2012, C Last 60 Days of Bitcoin's Closing Prices: [42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-16 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,019,061,437,200 - Hash Rate: 544386616.4219546 - Transaction Count: 312782.0 - Unique Addresses: 613011.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lqtence', 'Is investing into SOL right now a good decision?', 17, '2024-02-16 00:54', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', "Hi, i'm pretty new to cryptocurrency. \n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nI know i'm quite late to the party, but do you guys believe it is just a bull run from here on up? Or is there any chance for the market to dip around March or so, again, i'm pretty clueless on this stuff. \n\nHow about ETH? Would that be a smart move to invest in or not and how does Sol compare with other coins such as Avalanche, XRP, Coinlink, etc.\n\nAny help would be greatly appreciated", 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', '1aru9g7', [['u/PhenomeNarc', 42, '2024-02-16 01:05', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm3a6a/', "Brother, you're coming to a sub dedicated to Solana, asking if putting cash in now would be good.\n\nThe answer is yes.", '1aru9g7'], ['u/stepTOF', 10, '2024-02-16 01:13', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm4hv5/', 'who ever told you this… (like the rest of us) doesnt have a crystal ball. \n\nCould dip to 40 or it rockets. \nAll I can say is, dont get left behind 🥳🥰', '1aru9g7']]], ['u/Lqtence', 'New to cryptocurrency, need help', 10, '2024-02-16 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', "Hi, i'm pretty new to cryptocurrency.\n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nWith this out of the way, what do you guys think, what type of portfolio would best suit my needs? Granted the low investment, I believe smaller cryptocurrencies would be the right call\n\nI've shortlisted a few, \n\nSol, AVAX, XRP, Chainlink, Cardano and ETH\n\nWhich one do you think is the best call and how should I diversify? + Is it the right time to invest at the moment, given we're anticipating a huge bull run in the near future. Are there any dips expected in the coming weeks, or should I just press the button and invest. \n\nSorry for the cluelessness, any help is appreciated\n\nThank you", 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', '1aruinp', [['u/Hank___Scorpio', 15, '2024-02-16 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm61jw/', "Sounds like your money is the problem you're having.\n\nMake more money. Gamble less.", '1aruinp'], ['u/Racenmotorsports', 21, '2024-02-16 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm7nnh/', 'I threw 100 in btc last week. Made $24. 24% return not bad. Got to start somewhere.', '1aruinp'], ['u/Deez1putz', 17, '2024-02-16 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqme6u6/', 'Buy Bitcoin, get a job, buy more Bitcoin.', '1aruinp'], ['u/416_Ghost', 10, '2024-02-16 05:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqn7xaj/', "New to crypto? And I'm assuming new to the sub? Here's some advice, ignore your dm's", '1aruinp']]], ['u/klawzewitz', 'Lego Block Chain', 17, '2024-02-16 02:31', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', 'Just a quick question. Maybe I missed, but I haven\'t seen anyone mention this point.\n\nOne of the witnesses today said he heard Craig say "Lego blockchain" therefore using this as an evidence that craig was somehow working on Bitcoin (which is a blockchain).\n\nEven when we ignore the fact that the term came much later, how is this even considered evidence?\n\nLet\'s agree that the guy actually heard Craig say that. Do you think he said "Lego blockchain", or "Lego block chain"?\n\nIn fact, it would be weird to say "Lego chain". When people refer to each individual lego piece they say "Lego blocks". If it\'s a chain made up of Lego blocks, it\'s "Lego block chain".\n\nNot "Lego Blockchain".', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', '1arwcbz', [['u/anonymouscitizen2', 12, '2024-02-16 03:22', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/kqmo0fy/', 'Lego batman joker set. With Receipts.\n\nGoodbye COPA. You are finished.', '1arwcbz']]], ['u/QuantenMechaniker', 'Bank payment received & missed it', 25, '2024-02-16 02:33', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', "X 1XXXX creditor here, i received my bank payment on the 26th of January and failed to realize that I got paid. Still can't really believe it but the money is in my account.\n\na couple of days ago, i also received word from Kraken that my account is in good standing. can't wait to see what little BTC I had left before the exchange went down finally returning to me.\n\nwhat a ride this last decade was. i remember sending a very angry email to the mt gox support in February 2014 for not receiving my funds.", 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', '1arwe6e', [['u/joncolours', 10, '2024-02-16 02:55', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqmk02z/', 'Either you’re really rich or the payment was inconsequentially small.', '1arwe6e'], ['u/8XtmTP3e', 16, '2024-02-16 07:43', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqnk1p9/', 'Or, like me, the process has just taken so damn long that it’s in a bank account you don’t use. I’ve moved banks three times or more but I have to keep this one account open because it’s probably easier than trying to contact the trustee to change it. But this will be the last payment in/out of it', '1arwe6e']]], ['u/Out_Of_The_Bl00', 'Finally out of crypto, all in on VTI/VXUS', 190, '2024-02-16 02:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', "In highschool I went wild on crypto purely as a gamble/meme. I had put in over the last decade just holding onto it and slowly letting some go. It bubbled to 60k and I let it pass. I said no more and 50k I would exit. I started to sweat when it hit 25k down from 65k and was stressed but I had no reason to be in reality. I had already made my initial investments and mining efforts back and then some. There wasn't anything materially lost on my end, but I was in knots. That's when I knew it had to stop.\n\nI started to think as I got older, now in my 30s, I can't tolerate that kind of risk anymore. What if I die tomorrow, how would anyone benefit from my magic coins. Or know where they are to recover and handle them. Considered doing a will, which I may still do, but after putting a lot of legwork learning about bogleheads and profiting here too, I decided to pull the trigger.\n\nI put half a million into VTI and VXUS today, 60/40 roughly but I didn't even do an exact math. I already have bonds in my 401k which in general I've also converted to a similar bogleheads split btw. Immediately, I felt better and less stressed, I saw it popped up further and I would've normally done the math to figure out how much I missed out on. But I'm not going to look anymore.\n\nNot everyone will agree with this and I've reconciled that BTC could explode to 100 or more and I'll miss out, but I'm very happy with what I have. When the multiple transfers cleared and it was in my bank, I was relieved and feel like I got out from under something that had been haunting me for many years. What went from funny money to reality became a constant checking of my phone for the price and watching charts. Id miss big waves and kick myself over it. Or id try to react to a swing and miss big time on the next run. Those missteps cost me more than pulling out and investing sooner in something more stable.\n\nThank you to the sub and the people active here all the time. Along with the FAQ and chart. I feel financially more secure the more I visit and read here. I've successfully gone all in on backdoor roths and even doing my own taxes each year. I've put aside the money I roughly expect in taxes this year and even for next year which will be big for this year. Before the sub, I was like an infant with this stuff and I couldn't be more grateful!", 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', '1arwesr', [['u/Key_Enthusiasm4481', 171, '2024-02-16 02:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmj50u/', 'You chose to invest your life savings by betting on the World instead of shitcoin shills that have zero value.\n\nThink you made the right choice.', '1arwesr'], ['u/Out_Of_The_Bl00', 35, '2024-02-16 03:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmltgj/', "Thanks. I felt that BTC is a superior coin to the rest of the bullshit, I may still maintain a bit of that but in the end, it's always been funny money to me. I held on merely as a gamble this whole time. I've had actual conversations with myself about going out to a casino, and said no, I'm going to put that money into BTC instead.It just happened to work in my favor. At the end of the day, I needed to start being way more responsible with risk management and my future. Especially if I croak, I don't want the value to vanish.\xa0", '1arwesr'], ['u/Important_Message_57', 19, '2024-02-16 04:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmybr0/', 'Exciting soon also.', '1arwesr'], ['u/Wolverine1850', 50, '2024-02-16 05:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn2qj7/', '"shitcoin shills that have zero value."\n\n!Remindme 10 years', '1arwesr'], ['u/MassiveConflict7624', 13, '2024-02-16 05:11', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn3849/', 'Nice. I had 25k in GBTC. Sold at $36 and it popped to $44. But glad to get out of the ups and downs. All in VTI.', '1arwesr'], ['u/ThunderousArgus', 22, '2024-02-16 05:14', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn3lz4/', 'You should allocate 1% to IBIT out of respect', '1arwesr'], ['u/stoodis-', 46, '2024-02-16 06:59', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnfriy/', 'Seeing actual proponents of Bitcoin \'investing\' in /r/Bogleheads never ceases to amaze me. \n\n> BTC current price: $52,363\n\nBTC price 180 days ago: $26,048\n\nBTC price 2 years ago: $41,433.60\n\nBTC price 3 years ago: $61,283\n\nYeah this definitely seems like a stable \'investment\' approach which is characterized by low-cost, tax-efficient, long-term simplicity, not a highly volatile speculation. \n\nIf you want to buy crypto because you personally believe in some vision about decentralized currency, whatever. If your argument for buying crypto boils down to this though - "line go up!!" - you deserve every dollar you lose.', '1arwesr'], ['u/stoodis-', 13, '2024-02-16 07:22', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqni2hd/', '> I feel no need to appeal to authority or "No true boglehead fallacy"\n\nIt isn\'t a "No true boglehead fallacy" when a term with a very clear, inarguable definition. \n\nActive investing into individual securities/currencies/stocks/etc. is by definition contradictory to passive index investing. This is a community about passive index investing.\n\n> and what a \'boglehead\' would invest in bonds, i choose to save in a money with a fixed supply that is unconfiscatable and can\'t be debased. \n\nIt is your choice - I can not tell you what to invest your money in - but this is just factually incorrect. Very numerous times people\'s crypto has been confiscated and "debased" by the operators of these coins. These notoriously unaudited companies, such as Tether, are not worthy of trust and have been accused (and in some cases convicted) numerous times in the past of fraudulent behavior up to and including just outright taking everyone\'s coins on the platforms. \n\nAnd unlike something like Gold or similar, it does not serve as a store of value and hedge against financial crises, financial corruption, or inflation - as recent events have demonstrated. Lacking any inherent cash flow, the only reason it has a price at all is due to greater fool mechanics and FOMO. That does not even come close to the functioning purpose of a bond, or even a fixed supply asset like gold.', '1arwesr'], ['u/HelmsDeap', 28, '2024-02-16 07:26', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnih1o/', "I am mostly Boglehead but I have some of the devil's coins myself.\n\nIt sounds like this was the right move for you. But I do think the halving coming up in April and the months following will skyrocket BTC. Most people in this sub don't have that risk tolerance for this though.", '1arwesr'], ['u/Out_Of_The_Bl00', 13, '2024-02-16 07:43', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnk1id/', 'I thought about the halvening as well. I used to buy up a few a month or two before each. But this time my final decision was to eject if it hit 50k again, no question. I hope lots of folks make it big if it pops. I suspect it will.\xa0', '1arwesr'], ['u/Out_Of_The_Bl00', 11, '2024-02-16 07:51', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnkrcd/', "Thanks, I wish y'all good luck on it and hope it gets that high!\xa0", '1arwesr'], ['u/stoodis-', 41, '2024-02-16 08:01', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnlof7/', '> "If you said … for a 1% interest in all the farmland in the United States, pay our group $25 billion, I\'ll write you a check this afternoon," Buffett said. "[For] $25 billion I now own 1% of the farmland. [If] you offer me 1% of all the apartment houses in the country and you want another $25 billion, I\'ll write you a check, it\'s very simple. Now if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn\'t take it because what would I do with it? I\'d have to sell it back to you one way or another. It isn\'t going to do anything. The apartments are going to produce rent and the farms are going to produce food."\n\n* Warren Buffet, 2022', '1arwesr'], ['u/miarsk', 73, '2024-02-16 08:28', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqno00o/', 'Hey, being boglehead is almost as exciting as trading crypto! Just ask for opinions on that 60/40 allocation and you will see how passionate can people get on this sub.', '1arwesr'], ['u/stoodis-', 12, '2024-02-16 09:35', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqntnbw/', '> Your subjective definition of bitcoin not being money due to volatility is just that; subjective.\n\nBitcoin being incredibly volatile is not "subjective", it is fact.\n\nBitcoin having incredibly slow transaction speeds and high transaction fees is not "subjective", it is verifiably true. A legitimate currency does not take up to days to process transactions and cost you thousands of dollars in fees to do simple transfers.\n\n> No money has cashflow. It is money, not an investment. \n\nThen why are you including it in your investment portfolio?\n\nYou want your cake and to eat it too. It\'s schrodingers investment. First it\'s a bond hedge part of a reasonable investment portfolio, line go up! Well no, actually it doesn\'t need to have value, it\'s just currency, like a dollar!', '1arwesr'], ['u/pinkfreude', 18, '2024-02-16 11:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqo4ief/', '[Cryptocurrency mining accounts for somewhere around 0.6 to 2.3% of US electricity consumption](https://www.eia.gov/todayinenergy/detail.php?id=61364). I find it hard to argue that they provide enough societal benefit to offset the climate cost.', '1arwesr'], ['u/Out_Of_The_Bl00', 12, '2024-02-16 13:36', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqof21v/', 'So much squandered early on and got goxxed to boot, but yes exactly.\xa0', '1arwesr'], ['u/JaraCimrman', 12, '2024-02-16 14:15', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqojx6a/', 'All he had to do was self custody and not leave his net worth with an uninsured 3rd party. Very stupid decision.', '1arwesr'], ['u/Typical-Ad7222', 16, '2024-02-16 18:00', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqpk456/', 'Good news, it’s responsible to do both now. The truest boglehead way is to allocate according to total market cap weights. Given BTC’s current $1T market cap, an allocation of 1-2% BTC is prudent. Anyone who says otherwise is effectively tilting their portfolio away from market cap weighting.', '1arwesr']]], ['u/LoTheReaper', 'Wallets?', 21, '2024-02-16 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/', 'So sorting through the opinions on here is overwhelming. Don’t get ledger get Trezor. Don’t get this, get that, this is secure- NO ITS NOT. The whole reddits around wallets makes me want to throw up.\n\nLike before I even buy a single piece of crypto, all I can see is people condescending to each other. \n\nJust looking for a wallet to hold my bitcoin as an app on my iPhone and a cold wallet that isn’t 250$ like I’m not doing quantum computing and fighting invisible skynet trying to take my 10$ of bitcoin, I’m just a dude who wants a safe place for my coin.\n', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/', '1arymtz', [['u/Agitated-Air-6043', 19, '2024-02-16 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/kqn4o21/', 'Blockstream jade is a good cold storage wallet that is for Bitcoin only and it has an app to view your balances and send/receive. It’s cheap too.', '1arymtz']]], ['u/DrownedSkelpie', 'Rant: Absolutely Betrayed by "Garnet Flats" by Devaney Perry', 81, '2024-02-16 05:23', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/', 'I don\'t know if I can properly articulate how angry and upset and betrayed I feel after this book and this is the only place where I feel that I can properly get it out. \n\nSo I\'m currently reading the Eden\'s by Devanny Perry which is a romance book series about a family that whose ancestors founded a town in Montana, pretty classic small town setting with an element of suspense in all of them and I thought the premise was pretty interesting.\n\nMinor spoilers ahead, and I deeply apologize for how long this is.\n\nThe first two books in the series I enjoyed. I thought that the female main characters were great. The guys were a little cardboard cutout but overall good. The second book in the series I absolutely loved and adored, the couple was amazing and the character arcs were well done and I just really enjoyed it. I was really excited for the next book in the series.\n\nThen came Garnet Flats.\n\nI was definitely skeptical about this book as on Goodreads its the lowest rated book out of the series at around like three and half stars, and because it is a second chance romance which I\'m not usually a fan of, but I thought that I enjoyed the other ones so that this one would be good.\n\nBetrayal.\n\nThe premise of this book is that the female lead and the male lead, Talia and Foster went out for like a year and a half seven years ago and the way it ended is that they were talking about moving in together and then Foster comes in one day and tells Talia that he is in love with her best friend and is going to ask her to marry him in a week.\n\nWhat?\n\nTake note this isn\'t the trashy ex this is the main male love interest.\n\n Flash forward to the current day. After the breakup she went on to get her medical degree and then move back home to work at the local hospital and she hasn\'t dated or been with anyone since Foster. But shes still "moved on". Then Foster comes back into town and at first she is understandably angry. She doesn\'t want to speak to him.\nWhen I tell you how mad this man made me with how pushy he was, how entitled he felt to explain himself and his actions despite the fact that he was invading her life despite her saying several times that she didn\'t want to speak to him and didn\'t want him around. He would wait at her house, go to her place of work to try to get her to listen to him. Even though it\'s fully her decision whether or not to talk to him, which he doesn\'t get.\n\nBut of course eventually she caves in. Not to hear him out but to have sex.\n\nWhat?\n\nThey haven\'t cleared up anything and they\'ve already had sex.\n That is such a huge problem for me, in this book there is no groveling by Foster for what happened all those years ago. He keeps talking about winning her back but he doesn\'t actually do anything for her? He just pushes his way into her life with the expectation that she\'ll forgive him and she\'s just like fine with it because they still have chemistry and he\'s hot. They get together way too fast, how am I supposed to enjoy spicy scenes when I hate him???\n\nBut then his reasoning for why he broke up with her and married her best friend for 7 years is so bs and I don\'t accept it, communication would have solved all the problems, and it\'s 7 years omg, that\'s not a short amount of time!\n\nBut let\'s pretend I did accept his reasons and he had a solid excuse to do what he did. This man. Still talks to his ex-wife. Every. Single. Day. And calls her his best friend. While he\'s trying to get with Talia.\n\nSomehow that\'s not an immediate no. And then we find out that the ex-wife, her name is Vivi, is moving to Talia\'s town with her daughter who Foster considers his daughter and has been actively helping raise her and she calls him Dad. Even though he claims that the marriage was just for show, but that\'s he views her as his daughter and a very large portion of the book is dedicated to him and his daughter, and it\'s revealed that he really moved there because he thought it would be a good place to raise his kid. Not just for Talia as he claimed. And also thinks Talia would be a good mom to her.\n\nThrow up.\n\nSo then Vivi shows up and tries to talk to Talia and Talia obviously doesn\'t want to talk to her (if my best friend married the guy I was in live with I wouldn\'t be too happy either) but is forced to kind of forgive her because Talia is a doormat and doesn\'t know how to stick up for herself. Even though Vivi is actually the worst character an author has tried to make me feel sorry for ever.\n\nMini rant about Vivi: what a btch. She is one of the most selfish manipulative pick me characters and it\'s unbelievable to me that the author tried to make her into a sympathetic character at all. There were so many other options she had other than marrying her best friends boyfriend (almost fiance since he had bought a ring for Talia before everything went down) just so she would feel safe and have someone reliable to help raise her kid, knowing that Foster would say yes because he\'s the nicest person on the planet and also has no spine.\n\n But all the while he was expecting that Talia would wait for him until they (Vivi and Foster) were able to break up and then also has the balls to feel upset at the thought of her sleeping with other guys when he\'s the one who broke up with her and broke her heart. And then has Vivi has the f****** balls to feel uncomfortable that Talia is in a relationship with Foster as Foster still sees her daughter and has visitation with her daughter and she feels uncomfortable with Talia being around her daughter but says "If it\'s anyone I\'m glad it\'s you" even though Foster and Talia wouldn\'t have to be in the situation if it wasn\'t for Vivi\'s own decisions and manipulations.\n\nAnd then what she pulls at the end of the book is just horrendous and the fact that she faces basically no repercussions for it aside from Foster being upset for her a bit, but then he forgives her by the end of the book which is insane. It\'s actually insane. I was praying for her to die. I don\'t think I\'ve ever hated a character as much as I\'ve hated her.\n\nEveryone in this book was frustrating to read about. I didn\'t like any of them, even the characters I liked in previous books I didn\'t like in this book because they were butchered for the sake of this trash story that the author wanted to tell. Her family which in the previous books were great, supportive, funny, loving, for some reason in this one were was okay with Talia getting with this guy who is obviously a terrible person and even at one point her sister says that she\'s glad that her ex is back in town and harassing her because it\'s making her show emotion????\n\nTalia was such a doormat, Foster was a self-absorbed asshole who I feel should be the toxic ex in the book that is used to make the main male character look better because he\'s so horrible. The book would have been so much better if she had gotten with a guy who actually treated her right.\n\nAnd in previous books the best part was the personal character arc that the female lead would go through. The author was so good at writing women and then in this book Talia basically had no character arc?? She had a whole thing where people at the hospital weren\'t respecting her as a doctor because they knew her as a kid and so they didn\'t see her as an adult and it\'s just never really resolved? I don\'t think that even at the end of the book they call her Doctor Eden. They still just call her by her first name and that\'s never really resolved and it\'s very frustrating that she just never speaks up for herself towards anyone who has done her wrong really.\n\nThis is getting long so let me just tell you if you plan on reading this series. Skip this book for your own sanity please. I\'m still angry. I\'m upset that I wasted my time reading it and that this is even in my mind.\n\nIf anyone else has read this I\'m sorry and please tell me that you also feel the same because I\'m shocked that it\'s rated as highly as it is on Goodreads because it\'s actually the worst book I think I\'ve ever read.\n\nThank you :\')\n\n\n', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/', '1arzqrm', [['u/Hunter037', 15, '2024-02-16 07:51', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnkq9z/', ' Censoring words makes it harder to search the sub for posts, makes content less accessible for screen readers and harder for users to filter out potentially triggering terms, and promotes a community norm we do not want to encourage in RomanceBooks. Please consider editing your post to remove censoring.', '1arzqrm'], ['u/Lightmaker89', 42, '2024-02-16 08:21', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnndn6/', 'Yep. All this. I loved the first two books and this one nearly made me quit the author entirely. I hated how weak she was and only finished the book because I truly wanted it to end with a total plot twist - have Talia give both Foster and Viv an epic ass-kicking, never speak to them again, and then find her HEA with someone else. Hated this one so much.', '1arzqrm'], ['u/rmnc-5', 18, '2024-02-16 09:57', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnvf5x/', 'Definitely skipping this one!!! Wtf??!!!!', '1arzqrm'], ['u/PocketPo', 32, '2024-02-16 12:15', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqo6t46/', "This book sounds horrible, thank you for reading it so I don't have to. But now you have me wondering... Can you give spoilers on why he left for the ex-best friend seven years ago, and what did Vivi do at the end that was so terrible??", '1arzqrm'], ['u/DrownedSkelpie', 28, '2024-02-16 16:28', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqp3xcy/', 'In the book he\'s a mid weight UFC champion and his trainer convinced him to throw an underground fight for money, then black mailed him into marrying Vivi. Vivi had gotten pregnant after messing around with one of the people who ran these fights, super shady guy, and was so scared of him that her dad convinced her the only way she would be protected was to marry Foster.\n\nSo it\'s Vivi\'s selfishness and Foster\'s greed that got them into this mess, and honestly there\'s so many ways they could\'ve handled this differently and they never give a good reason for why they didn\'t tell Talia the truth when it happened.\n\nAt the end of the book Foster has his last match in the ufc before he retires so they go to Vegas where Vivi reveals that her boyfriend (she\'s been seeing a guy for years, he thought she was "really" married ugh) is in alot of debt with some shady people and then asks Foster to throw his last fight as he bet on the other guy.\n\nWtf?????\n\nLiterally the whole reason this entire bs situation happened and she wants him to do it again?? Foster is understandably upset (one of the only times I agreed with him) but just gives her the cold shoulder and Talia feels bad for her (????) and convinces Foster at the end of the book to forgive her (!??!?)\n\nJust really frustrating stuff.', '1arzqrm'], ['u/DarkHairMorallyGray', 12, '2024-02-16 16:58', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqp97uu/', 'I also couldn’t read more after this book. I don’t know how it could possibly be a love story and thought anyone in Talia’s life that encouraged her to give him a chance were nuts. You’re a shitty family/friend if you see someone you care about in the situation and your response isn’t to help them with a restraining order. I hated them all, and nothing about this book felt like a HEA. I never recommend her books for that reason.', '1arzqrm'], ['u/DrownedSkelpie', 13, '2024-02-16 18:37', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqpqniq/', "He says he stayed celibate the entire time he and Vivi were together and that Vivi doesn't have feelings for him, but that feels so incredible unrealistic to me. It's seven years that they lived together in the same house and raised a kid together, and considering the kid fully thought their relationship was real it's very possible they slept in the same bed. I think the author wanted to use him not sleeping with other people as a reason that Talia should take him back but that's not her problem? Ugh I'm mad again lol\nAnd Foster has helped raise her daughter all this time and views her as his own, and because the point to them getting married was so the baby daddy wouldn't come after Vivi and her kid, everyone else also believes the daughter is his so he has actual custody over her. Even while chasing Talia around he continues to place Vivi and her kids needs above Talia's which really frustrates me because she deserves so much better ughhhhhh", '1arzqrm']]], ['u/so-whatnow-', 'Why do some people think bitcoin is a scam? What do they mean by this', 75, '2024-02-16 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/', 'I get other alt coins being a “scam” but I don’t understand what they mean when they say it about bitcoin. I mean its shown to have real use, and its gotten pretty big especially with the etfs\n\nI don’t know a ton about bitcoin but I’d like to learn why some people think it’s amazing while others think it’s a complete scam. What exactly do they mean by “scam” what do they think will happen to it? Do they think it’ll just crash and never recover?', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/', '1as056s', [['u/Normal-Jelly607', 86, '2024-02-16 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqn9lxt/', '“It’s not backed by anything” or “has no intrinsic value” are the typical examples people give when saying it’s a scam', '1as056s'], ['u/PorkSwordEnthusiast', 112, '2024-02-16 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqn9ote/', "They don't really understand it", '1as056s'], ['u/simpledude92', 51, '2024-02-16 06:07', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqna5ze/', 'It means that they or someone they know invested, lost some money and thats it', '1as056s'], ['u/Theunknownman_', 24, '2024-02-16 06:11', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnaj9k/', 'Bitcoin are for people that are afraid to work 8 hours…\nMonday to friday…', '1as056s'], ['u/AfroAmTnT', 23, '2024-02-16 06:32', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqncvk5/', "People don't understand the value in assets that are not tangible, so they consider it to be fake", '1as056s'], ['u/marshyr3d1and', 36, '2024-02-16 06:39', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqndnm0/', "It's a word used by the ignorant. I was talking to a shitcoiner the other day who asked why on earth would anyone get into bitcoin when it's value is about to halve? !!!", '1as056s'], ['u/Ajax_ZQN', 73, '2024-02-16 06:47', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnekcb/', 'Again, this tired old “no intrinsic value” argument is made by people who understand neither bitcoin nor the meaning of the word “intrinsic”.', '1as056s'], ['u/Ajax_ZQN', 15, '2024-02-16 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnepow/', 'Fuck me. If this guy was any dumber he’d be Gomer Pyle.', '1as056s'], ['u/so-whatnow-', 11, '2024-02-16 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnepy5/', 'My bank account isn’t tangible though', '1as056s'], ['u/Rincewind00', 14, '2024-02-16 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqngj01/', 'I think there\'s two reasons:\n\n1. Its value is being lauded as a speculative asset, derived from increases generated solely from increased demand, and not as a stable asset. Buying it leads to higher prices, which raises hype, which leads to higher buying, and repeat. The hype cycle doesn\'t seem sustainable. Once investing starts to slow, the market value would stagnate compared to actual business ventures that generate actual income and value, so Bitcoin would inevitably be sold, starting the inverse of that cycle.\n\n2. I heard on a finance podcast that, for a lot of difference digital currency brands, much of the coins are held by just a few key shareholders, risking the likelihood of a "pump and dump" because those key shareholders are betting on #1 happening and they want to sell their stock before the crash, with said selling actually causing it.\n\nBasically, it\'s treated like a scam because it\'s being valued based on hype and hype can easily be manipulated by scammers intending to sell their stock before the hype dies down. \n\nNow, if it\'s treated like an actual stable asset, as a baseline to measure against the inflation of fiat currencies, that could be better, albeit less financially rewarding. Take gold for example: historically used as, sort of, a stable currency, with practical applications in electronics and other industries even, and yet it has negligible returns that barely keep up with inflation. Ideally, that is how I would expect Bitcoin to be treated: once it stops being used speculatively, it stabilizes, and would be used to preserve value in one\'s portfolio rather than increase it.', '1as056s'], ['u/lostinpairadice', 37, '2024-02-16 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnignw/', "It's got deep fucking value", '1as056s'], ['u/road22', 19, '2024-02-16 07:32', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqniyhn/', 'More and more get educated every bull market. it will be hard to spread lies that BTC is a scam when it breaks 100K', '1as056s'], ['u/AD-Edge', 11, '2024-02-16 08:06', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnm36d/', "Correct. If you say this to people claiming Bitcoin/crypto isn't tangible, you can watch in fascination as their minds implode a little. Seriously, if they say this then quiz them on what they mean, and provide them with questions about how the 'real world' operates.\n\nMost people don't realize, or even think about the fact that their bank money doesn't all sit in stacks of cash in some massive looney toons safe out back.\n\nAdditionally, most people don't even have a solid concept or idea of what the word 'value' even means.", '1as056s'], ['u/JaJe92', 26, '2024-02-16 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnmzn5/', "So does Fiat money. It's not backed up by gold anymore, it's made out of air and can be printed infinitely. Yet people don't consider that a scam.", '1as056s'], ['u/DisgracedTuna', 14, '2024-02-16 10:17', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnwz85/', '"It\'s backed by the government"\n\nSame government thats in 30+ trillion in debt?', '1as056s']]], ['u/Ultimax12', 'How Should They Evolve?', 119, '2024-02-16 05:52', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/', 'I think that instead of training with the rest of the group, they should do their own thing, and go train inside the HBTC for some years. \n\nWhile they’re in there, they should both work towards mastering the first 3 basic forms of SSJ to the point they can even use SSJ3 while fused, and it doesn’t drain the timer. After completing this task, they need to focus on going beyond SSJ3, but by taking their own path like everyone else is doing.\n\nWhat would you guys think about them creating SSJ4, one that will differ from the GT Version? The way I’m picturing this is that they would have Bronze, or Orangeish long hair that is shorter than SSJ3, there eyes will resemble SSG, but be a bit fiercer looking, they will get buffer, and have a shiny, almost godly like Aura.\n\nThoughts?', 'https://i.redd.it/luzzcynqovic1.jpeg', '1as09jo', [['u/ZeldaFan80', 78, '2024-02-16 06:10', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqnagqj/', 'Thunder stone me thinks. Either that or leveled with high friendship during the day, like Riolu', '1as09jo'], ['u/Spirited-Ad2568', 25, '2024-02-16 06:14', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqnayqw/', 'have them unlock ssj2 individually', '1as09jo'], ['u/PeachsBigJuicyBooty', 14, '2024-02-16 06:38', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqndksh/', "They don't want to evolve as fighters and they don't really need to.\nGoku, Vegeta, Gohan, Piccolo, Uub will all fight for the Earth.\n\nUub and especially Piccolo will outlive them and grow overtime anyways.\n\nSo why exactly would they need to train? Especially spend years in their life in the time chamber? They can already take care of most crime on Earth.", '1as09jo'], ['u/Substantial_Tone_261', 15, '2024-02-16 06:39', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqndoth/', "Gotenks: Hi dads! Ready for a fight? I'll take you both on at once!\n\nVegeta: What are they talking about, are they stupid?\n\nGoku: Come on Vegeta, don't be like that, let's see what they got! \n\nGotenks: Super Saiyan God Super Saiyan 4 Kaio-ken x100! \n\nGoku: ... Vegeta, we have to fuse.", '1as09jo'], ['u/CharlieJ821', 12, '2024-02-16 12:22', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqo7dhu/', 'Post title is “how should they evolve”.', '1as09jo']]], ['u/AutoModerator', '[Daily Discussion] - Friday, February 16, 2024', 27, '2024-02-16 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/', '1as0f1f', [['u/Yodel_And_Hodl_Mode', 30, '2024-02-16 06:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnbygg/', "It feels to me like the market is trying to go through a correction, but ETFs are gobbling up so many coins that we end up flat instead of dropping. And that's impressive. It makes me even more excited about the next 18 months.", '1as0f1f'], ['u/BurntThrow', 19, '2024-02-16 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnfxf3/', 'imagine being an r/buttcoin redact rn 💀\n\nbtc about to cook for at least a year and a half', '1as0f1f'], ['u/HBAR_10_DOLLARS', 10, '2024-02-16 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqngdd9/', 'What if this cycle just extends all the way to the 2028 halving? Is it possible? Sure, we get some hefty dips that last a few months, but then we just start slowly grinding back upwards as new capital enters from investors rebalancing back up to their ideal BTC ratios, and also a steady supply of new entrants entering into the market.', '1as0f1f'], ['u/wrylark', 10, '2024-02-16 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnjtm7/', 'with inflation 80k is about a dbl top with last cycle ... with all the extra juice we have now from the etfs its going way higher imo\xa0', '1as0f1f'], ['u/atmfixer', 19, '2024-02-16 08:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnnb67/', 'This is going to sound ridiculous and date me but does anyone remember when "colored" coins were a thing?', '1as0f1f'], ['u/RecessionGuy', 18, '2024-02-16 08:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnq0uj/', 'Net ETF flows updated: $477.4 million net flow vs. $399.7 million yesterday. https://farside.co.uk/?p=997', '1as0f1f'], ['u/longtimelurker_B', 16, '2024-02-16 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnq6cc/', 'Net inflows of $477.4M today \nAlso saw GBTC outflows increasing today to -$174.6M', '1as0f1f'], ['u/Maegfaer', 12, '2024-02-16 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwiiu/', "I doubt it, that would require a much stronger understanding of Bitcoin than I'm seeing so far. There will be exuberance and many weak hands once we get high enough, and the smart money will act on it, like every time.", '1as0f1f'], ['u/Fewwww', 16, '2024-02-16 10:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwoxw/', 'That image is missing an N. There are two Ns in Finney. It would have to be Nakakamoto to spell Finney.', '1as0f1f'], ['u/Taviiiiii', 27, '2024-02-16 10:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwucd/', "Am I the only one that thinks large GBTC outflows is a good thing? That can't continue for ever, better dry that shit up sooner rather than later.", '1as0f1f'], ['u/Fewwww', 19, '2024-02-16 10:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnx04e/', 'Also they have cherry picked Katakana for some symbols and Hiragana for others. For example TO in SATOSHI is Katakana whereas TO in NAKAMOTO is Hiragana.', '1as0f1f'], ['u/snek-jazz', 24, '2024-02-16 10:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqny9fx/', "Never underestimate the 'evidence' people will find when they work backwards from the answer they're trying to find.", '1as0f1f'], ['u/dota2portaltv', 12, '2024-02-16 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnz8xf/', 'Yes, I am thinking the same, the sooner they drop out of the equation, the better.', '1as0f1f'], ['u/Maegfaer', 13, '2024-02-16 10:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnzbx8/', 'If you want to stay anonymous you choose a random name, not something that contains clues about your identity.', '1as0f1f'], ['u/phrenos', 31, '2024-02-16 11:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo2k0e/', 'Imagine my surprise to wake up and see that the price is $52k.', '1as0f1f'], ['u/owenhehe', 18, '2024-02-16 11:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo2w91/', 'lol, here we go again...', '1as0f1f'], ['u/simmol', 10, '2024-02-16 11:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo54sg/', 'One thing to be mindful is that while daily correlations between crypto and the stock market has subsided (compared to 2022), the crypto run from October has been propelled also by the massive run that the stock market is on during the same period. So if there is a general correction in the stock market, crypto will probably behave similarly (especially given how much Wall Street money dominates crypto market). And the stock market is due for some correction.', '1as0f1f'], ['u/btctrader12', 15, '2024-02-16 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo6s0n/', 'You’ve been posting bearish takes for months', '1as0f1f'], ['u/imissusenet', 10, '2024-02-16 13:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqobm1h/', 'I do actually miss Usenet.', '1as0f1f'], ['u/TightTightTightYea', 13, '2024-02-16 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqoc0fd/', 'BS. [https://blog.lopp.net/hal-finney-was-not-satoshi-nakamoto/](https://blog.lopp.net/hal-finney-was-not-satoshi-nakamoto/) \n\n\n/case closed.', '1as0f1f'], ['u/Order_Book_Facts', 25, '2024-02-16 13:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqocnnx/', 'Please, just let me know when you finally decide to go long so I can sell everything I own, ok?', '1as0f1f'], ['u/SomeIdeasTooTalk', 11, '2024-02-16 13:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqocuha/', '> the crypto run from October has been propelled also by the massive stock market run from the same period.\n\nSpeculative. Might be correct, certainly a correlation, but still speculative.\n\nThere could be some other factor driving both Bitcoin and Stock Market but due to unique factors of both one or the other might stop rising while the other continues.', '1as0f1f'], ['u/Aerith_Gainsborough_', 16, '2024-02-16 13:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqofsno/', '>And the stock market is due for some correction\n\nAlright Nostradumbass', '1as0f1f'], ['u/dopeboyrico', 37, '2024-02-16 14:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqoidbe/', '[AUM held in new spot ETF’s is now at $13.6728 billion through day 25 ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "889.80", "AUM ($, mm)": "52,433.70", "AUM % Change": "1.70%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Net Flows ($, mm)": "497.32", "AUM ($, mm)": "113,915.49", "AUM % Change": "0.44%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "485.03", "AUM ($, mm)": "2,716.15", "AUM % Change": "17.86%"}, {"Ticker": "VTV", "Name": "Vanguard Value ETF", "Net Flows ($, mm)": "438.84", "AUM ($, mm)": "107,738.17", "AUM % Change": "0.41%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "350.87", "AUM ($, mm)": "433,427.02", "AUM % Change": "0.08%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "333.42", "AUM ($, mm)": "9,706.48", "AUM % Change": "3.44%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "325.43", "AUM ($, mm)": "52,627.50", "AUM % Change": "0.62%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "298.59", "AUM ($, mm)": "4,848.05", "AUM % Change": "6.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "224.30", "AUM ($, mm)": "5,678.21", "AUM % Change": "3.95%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "202.43", "AUM ($, mm)": "31,129.74", "AUM % Change": "0.65%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,591.66", "AUM ($, mm)": "488,756.02", "AUM % Change": "-0.73%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,925.78", "AUM ($, mm)": "367,615.97", "AUM % Change": "-0.52%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-993.16", "AUM ($, mm)": "25,125.31", "AUM % Change": "-3.95%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-601.17", "AUM ($, mm)": "33,396.96", "AUM % Change": "-1.80%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-590.22", "AUM ($, mm)": "404,974.47", "AUM % Change": "-0.15%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-570.26", "AUM ($, mm)": "48,655.26", "AUM % Change": "-1.17%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-520.19", "AUM ($, mm)": "248,562.02", "AUM % Change": "-0.21%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-462.40", "AUM ($, mm)": "34,569.36", "AUM % Change": "-1.34%"}, {"Ticker": "IXN", "Name": "iShares Global Tech ETF", "Net Flows ($, mm)": "-297.74", "AUM ($, mm)": "4,422.53", "AUM % Change": "-6.73%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-254.52", "AUM ($, mm)": "45,233.68", "AUM % Change": "-0.56%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "12.34", "AUM ($, mm)": "6,942.30", "% of AUM": "0.18%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "13.24", "AUM ($, mm)": "17,056.27", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-23.15", "AUM ($, mm)": "121,653.35", "% of AUM": "-0.02%"}, {"": "Currency", "Net Flows ($, mm)": "221.73", "AUM ($, mm)": "40,085.29", "% of AUM": "0.55%"}, {"": "International Equity", "Net Flows ($, mm)": "80.60", "AUM ($, mm)": "1,375,415.90", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-89.06", "AUM ($, mm)": "173,186.67", "% of AUM": "-0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-232.82", "AUM ($, mm)": "14,095.21", "% of AUM": "-1.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "954.81", "AUM ($, mm)": "87,889.05", "% of AUM": "1.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-5,545.45", "AUM ($, mm)": "5,161,958.54", "% of AUM": "-0.11%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-1,811.12", "AUM ($, mm)": "1,355,572.08", "% of AUM": "-0.13%"}, {"": "Total:", "Net Flows ($, mm)": "-6,418.88", "AUM ($, mm)": "8,353,854.66", "% of AUM": "-0.08%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', '• US stocks slipped lower on Friday after a hot inflation print capped off a week of key data points.\n• The S&P 500 dipped 0.27% over the past five days, ending a 5-week win streak.\n• "Indeed, [the PPI data] has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year."\nThe stock market slipped on Friday after hot inflation capped off a busy week of economic data prints.\nThe Producer Price Index came in higher than expected, showing a 0.3% increase in prices from December, with a year-over-year increase of 0.9%. That\'s afterhot CPI data rolled in earlier this week.\nEven though the market recovered from Tuesday\'s hiccup, investor gloom has knocked stocks off a 5-week win streak. The S&P 500 is down 0.27% in the past 5 days, while the Nasdaq is down 1.02%.\nThis week also saw retail sales data slide lower, down 0.8% from a month earlier in January.\nThese data points highlight a robust economy, but mean a Fed rate cut is farther out than markets were hoping. On Thursday, Atlanta Fed president Raphael Bostic said he\'s not convinced that inflation is definitely headed toward the central bank\'s 2% target.\nAfter the PPI data came out, odds that the Fed would hold rates where they are during their May meeting jumped another 10%, according to the CME FedWatch Tool.\n"Indeed, this [inflation] report has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year; earlier this year, they had expected seven," said José Torres, Senior Economist at Interactive Brokers. "The sharp adjustment in expectations has yet to affect equities in a meaningful way, however, with bullish sentiment and better-than-expected earnings reports providing robust support."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,00.55, down 0.38%\n• Dow Jones Industrial Average:38,627.99, down 0.37% (-145.13 points)\n• Nasdaq Composite:15,775.65, down 0.82%\nHere\'s what else is going on:\n• Themarket could fall 5%in an \'air-pocket drawdown\' as greedy traders short volatility, a research firm said.\n• Thedeath of oil demand has been exaggeratedand supply won\'t be able to keep up without more investment, according to Morningstar.\n• A recession, investor FOMO, and inflation arethreatening the stock market\'s red-hot rally.\n• The data that powered the stock market rally is reversing and it\'sstill possible the Fed raises rates before it cuts, one market vet said.\n• Wall Street\'s excitement about Nvidiahas reached a fever pitch as its valuation soars.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 1.51% to $79.21 a barrel.Brent crude, the international benchmark, was also up 0.63% to $83.38 a barrel.\n• Goldedged up 0.41% to $2,023.20 per ounce.\n• The10-year Treasury yieldclimbed 5.9 basis points to 4.299%.\n• Bitcoinwent up 0.2% to $51,809.75.\nRead the original article onBusiness Insider', "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means the buying power of the dollardecreases. In other words, a dollar doesn't buy nearly as much today as it did 50 years ago. Just compare the cost of a house in 1960 to the cost today.\nBitcoin was created with a hard supply cap of 21 million bitcoin. There can never be more than that. Today, there are approximately 19.6 million bitcoins in existence. The last bitcoin will be mined in the year 2140. The idea is that Bitcoin's buying power will increase over time instead of decreasing. Why? Because there will only be so many bitcoins to accommodate ever-increasing demand. That buying power should ultimately drive its value higher.\nVolatility makes trying to time Bitcoin and other cryptocurrencies a nearly impossible task. But Bitcoin has continually increased in value over time, just as its creator intended. Despite Bitcoin prices being nearly 30% off their high today and theS&P 500at an all-time high, Bitcoin has appreciated far more than the broader stock market over the past 10 years.\nInvestors shouldn't own Bitcoin to speculate, but because they believe in the purpose of Bitcoin and its long-term potential as an alternative to fiat currency.\nConsider buying Bitcoin with a dollar-cost averaging strategy. Buy a little at a time, often on a schedule, regardless of the price. Over time, you'll buy some at high and low prices, but it will average out. That way, you don't put all your money in at the wrong time.\nSteady purchases and a long time horizon should enable investors to enjoy Bitcoin's success, despite its occasionally violent price swings.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nJustin Popehas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Nowwas originally published by The Motley Fool", "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means the buying power of the dollardecreases. In other words, a dollar doesn't buy nearly as much today as it did 50 years ago. Just compare the cost of a house in 1960 to the cost today.\nBitcoin was created with a hard supply cap of 21 million bitcoin. There can never be more than that. Today, there are approximately 19.6 million bitcoins in existence. The last bitcoin will be mined in the year 2140. The idea is that Bitcoin's buying power will increase over time instead of decreasing. Why? Because there will only be so many bitcoins to accommodate ever-increasing demand. That buying power should ultimately drive its value higher.\nVolatility makes trying to time Bitcoin and other cryptocurrencies a nearly impossible task. But Bitcoin has continually increased in value over time, just as its creator intended. Despite Bitcoin prices being nearly 30% off their high today and theS&P 500at an all-time high, Bitcoin has appreciated far more than the broader stock market over the past 10 years.\nInvestors shouldn't own Bitcoin to speculate, but because they believe in the purpose of Bitcoin and its long-term potential as an alternative to fiat currency.\nConsider buying Bitcoin with a dollar-cost averaging strategy. Buy a little at a time, often on a schedule, regardless of the price. Over time, you'll buy some at high and low prices, but it will average out. That way, you don't put all your money in at the wrong time.\nSteady purchases and a long time horizon should enable investors to enjoy Bitcoin's success, despite its occasionally violent price swings.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nJustin Popehas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Nowwas originally published by The Motley Fool", "Cathie Wood, the founder and CEO of Ark Invest, got her reputation by investing in tech companies with huge growth potential. One of her top holdings isBlock(NYSE: SQ), with herArk Innovation ETFowning around $500 million in shares, roughly 6% of its entire portfolio.\nThere's a lot to love about Block stock. If its growth potential is realized, shares could easily double, triple, or even quadruple in value. Why aregrowth investorslike Cathie Wood betting so big on the company? There are three major factors.\nBuying stock in Block is one of the easiest ways to get exposure to the massive growth of cryptocurrencies likeBitcoin.\nPreviously, the company was known as Square, and it made most of its money helping small and medium-sized businesses facilitate payment processing and other business-related activities like scheduling and inventory. It also developed a particular focus on mobile payments through its Cash App. You may have used its services without knowing it; millions of small businesses adopted the company's phone and tablet accessories that enabled the acceptance of credit and debit card payments with minimal investment.\nAt the end of 2021, however, the company rebranded itself as Block to reflect its growing ambitions to become a major player in the blockchain industry. Today, the company is highly focused on riding the crypto wave. For example, it owns Spiral, which develops open-source apps to accelerate Bitcoin adoption; TBD, which creates developer ecosystems that make it easier to build with Bitcoin; and Cash App, which was expanded to allow anyone to transact in either conventional currencies or cryptocurrencies.\nIf demand for cryptocurrencies continues to rise, Block is positioned to be a primary beneficiary.\nMost high-growth companies struggle with profitability as they look to reinvest earnings as quickly as possible to expand. This reality is true for Block, or at least it was. Since 2016, the company has posted negative quarterly earnings a majority of the time. That's an acceptable reality for a while, but only as long as the market believes that the company is reinvesting its capital properly.\nOver the last 12 to 24 months, many high-flying growth stocks have seen huge declines in share price as the market grew weary of supporting money-losing businesses. After posting one of its biggest quarterly losses in history last year, Block stock was also on the chopping block, though profits could soon be just around the corner.\nIn the second half of 2023, Block CEO Jack Dorsey laid out a new plan focused on profitable growth. The company, for example, would keep a cap on headcount, wind down some unprofitable businesses, and target a more efficient marketing spend. Within two years, Dorsey believes, Block can not only return to profitability, but also achieve long-term profitability margins that it has failed to sustain in the past. Owning around 11% of Block's shares -- the majority of his multibillion-dollar wealth -- Dorsey certainly has every incentive to make good on his promises.\nBecause it is focused on high-upside opportunities, Block stock has rarely been a bargain. At times, shares traded as high as 15 times sales. Those who held the stock through the wild ups and downs have done quite well, with shares rising roughly 400% in value since 2016.\nToday, shares trade near their lowest valuation in history thanks to the sell-off of high-growth tech stocks after the height of the COVID-19 pandemic. After the sell-off, the stock is valued at just 1.8 times sales. Compared to its long-term average price-to-sales multiple of 5.9, this appears to be quite a bargain.\nHigh-growth stocks are known for their volatility. The market often falls in love with these companies, but when growth stutters, valuation multiples suddenly crash, causing share prices to follow suit.\nAs Block's long-term track record proves, however, patient investors willing to ride these highs and lows can make several times their initial investment over just a handful of years. With the stock now trading at a deep discount to its history with plenty of growth runway still ahead of it, it's no wonder high-profile investors like Cathie Wood are still heavily invested in Block.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nRyan Vanzohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\n3 Reasons Growth Investors Like Cathie Wood Love Block Stockwas originally published by The Motley Fool", 'ABitcoin(CRYPTO: BTC)halving even is likely to happen within just a few months.In previous halving events, that has typically resulted in a higher value of Bitcoin in the following months.\nBut what will the impact be on the stocks of companies thatminefor Bitcoin? A halving event means that they will receive fewer Bitcoins, which, in turn, means less revenue for their operations -- unless, of course, the digital currency rises in value and offsets those losses.\nDoes this mean crypto mining stocks could be headed lower this year? Here\'s a look at what happened the last time there was a halving event.\nMining companies earn Bitcoins, which are essentially rewards, forvalidating transactions. But because there is a finite supply of Bitcoin (21 million coins), there is a need to cut those rewards in half periodically. That has happened every four years, starting with 2012. The next event is likely to happen in April.\nThe last time a halving event occurred on May 11, 2020, here\'s what happened to some of the more popular crypto mining stocks over the following 150 days:\n[{"": "Marathon Digital", "Stock Price on May 11, 2020": "$0.76", "Stock Price on Oct. 8, 2020": "$2.14", "Return": "182%"}, {"": "Riot Platforms", "Stock Price on May 11, 2020": "$1.59", "Stock Price on Oct. 8, 2020": "$2.93", "Return": "84%"}, {"": "Bitfarms", "Stock Price on May 11, 2020": "$0.42", "Stock Price on Oct. 8, 2020": "$0.22", "Return": "(47%)"}, {"": "Hut 8", "Stock Price on May 11, 2020": "$4.60", "Stock Price on Oct. 8, 2020": "$3.69", "Return": "(20%)"}]\nIn the 150 days after the halving event, there is a significant disparity in how these popular crypto-mining stocks performed.Marathon DigitalandRiot Platformsboth generated significant returns, whileBitfarmsandHut 8saw declines.\nThere were many factors to consider during that time frame (e.g. earnings reports, broader market developments, and COVID-19 relief bills) so it can be difficult to assess just how much weight the Bitcoin halving event had on their respective stock performances. And even Bitcoin\'s price gain during that period is modest compared with how well Marathon and Riot performed.\nThere were no significant news developments relating to Marathon Digital that would have suggested it should have achieved significantly higher returns than its peers in August 2020. Unfortunately, speculators can add a significant degree of volatility to crypto stocks, and that has largely worked out well for Marathon\'s valuation -- today it\'s worth close to $6 billion.\nWhile there is no pattern evident when it comes to halving and these stocks, they have all risen in value since the 2020 halving event. It would be fair to say that, at most, halving is only likely to have a temporary impact on mining stocks if there is any impact at all.\nMining companies are constantly investing and working toward increasing theirhash rates, resulting in more Bitcoins mined. And so a halving event may not have much of an impact on these companies. Investors have likely also priced these halving events into the stock valuations, as there is an expectation that halving events are inevitable given the finite supply of Bitcoin.\nHow these stocks perform will likely remain tied to how Bitcoin does. If its value continues to skyrocket, then it may not matter that mining rewards are cut in half as their revenues may still be much higher in the future.\nThe big risk for investors continues to be that Bitcoin\'s path can be unpredictable. While investors are bullish on its future prospects, government regulations and user adoption will ultimately dictate the digital currency\'s price in the future. There is a lot of hype around crypto, but investing based on that alone can be a dangerous approach. These are speculative investments at best.\nCrypto stocks are only suitable for investors with a high tolerance for risk due to their volatility, and there are much better options out there for growth investors to consider.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Mining Stocks Crash After the Next Halving Event? Here\'s What Happened Last Timewas originally published by The Motley Fool', 'ABitcoin(CRYPTO: BTC)halving even is likely to happen within just a few months.In previous halving events, that has typically resulted in a higher value of Bitcoin in the following months.\nBut what will the impact be on the stocks of companies thatminefor Bitcoin? A halving event means that they will receive fewer Bitcoins, which, in turn, means less revenue for their operations -- unless, of course, the digital currency rises in value and offsets those losses.\nDoes this mean crypto mining stocks could be headed lower this year? Here\'s a look at what happened the last time there was a halving event.\nMining companies earn Bitcoins, which are essentially rewards, forvalidating transactions. But because there is a finite supply of Bitcoin (21 million coins), there is a need to cut those rewards in half periodically. That has happened every four years, starting with 2012. The next event is likely to happen in April.\nThe last time a halving event occurred on May 11, 2020, here\'s what happened to some of the more popular crypto mining stocks over the following 150 days:\n[{"": "Marathon Digital", "Stock Price on May 11, 2020": "$0.76", "Stock Price on Oct. 8, 2020": "$2.14", "Return": "182%"}, {"": "Riot Platforms", "Stock Price on May 11, 2020": "$1.59", "Stock Price on Oct. 8, 2020": "$2.93", "Return": "84%"}, {"": "Bitfarms", "Stock Price on May 11, 2020": "$0.42", "Stock Price on Oct. 8, 2020": "$0.22", "Return": "(47%)"}, {"": "Hut 8", "Stock Price on May 11, 2020": "$4.60", "Stock Price on Oct. 8, 2020": "$3.69", "Return": "(20%)"}]\nIn the 150 days after the halving event, there is a significant disparity in how these popular crypto-mining stocks performed.Marathon DigitalandRiot Platformsboth generated significant returns, whileBitfarmsandHut 8saw declines.\nThere were many factors to consider during that time frame (e.g. earnings reports, broader market developments, and COVID-19 relief bills) so it can be difficult to assess just how much weight the Bitcoin halving event had on their respective stock performances. And even Bitcoin\'s price gain during that period is modest compared with how well Marathon and Riot performed.\nThere were no significant news developments relating to Marathon Digital that would have suggested it should have achieved significantly higher returns than its peers in August 2020. Unfortunately, speculators can add a significant degree of volatility to crypto stocks, and that has largely worked out well for Marathon\'s valuation -- today it\'s worth close to $6 billion.\nWhile there is no pattern evident when it comes to halving and these stocks, they have all risen in value since the 2020 halving event. It would be fair to say that, at most, halving is only likely to have a temporary impact on mining stocks if there is any impact at all.\nMining companies are constantly investing and working toward increasing theirhash rates, resulting in more Bitcoins mined. And so a halving event may not have much of an impact on these companies. Investors have likely also priced these halving events into the stock valuations, as there is an expectation that halving events are inevitable given the finite supply of Bitcoin.\nHow these stocks perform will likely remain tied to how Bitcoin does. If its value continues to skyrocket, then it may not matter that mining rewards are cut in half as their revenues may still be much higher in the future.\nThe big risk for investors continues to be that Bitcoin\'s path can be unpredictable. While investors are bullish on its future prospects, government regulations and user adoption will ultimately dictate the digital currency\'s price in the future. There is a lot of hype around crypto, but investing based on that alone can be a dangerous approach. These are speculative investments at best.\nCrypto stocks are only suitable for investors with a high tolerance for risk due to their volatility, and there are much better options out there for growth investors to consider.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Mining Stocks Crash After the Next Halving Event? Here\'s What Happened Last Timewas originally published by The Motley Fool', "DUBLIN, IRELAND / ACCESSWIRE / February 17, 2024 /Kardden Token is an emerging blockchain-enabled worldwide open-source purchasing platform. In latest approach, the company has announced a series of innovative developments that position it as the future's leading payment method. With a comprehensive suite of solutions for e-commerce merchants, mobile crypto-paying apps, crypto cards, online cryptocurrency payment systems, and more, Kardden Token is set to change the narratives of the landscape of digital transactions.\nKardden Token's platform offers end-to-end solutions for e-commerce, featuring the Kardden Mobile Wallet, a seamlessly integrated system connecting with banks and cryptocurrency exchanges. This platform enables average users to easily adopt blockchain technology by merging a widely-used e-commerce channel with a decentralized payment system.\nKardden Pay plays the role of Blockchain Payment Gateway. It has emerged as a game-changer, eliminating current foreign exchange inefficiencies, reducing settlement times, and boasting the lowest rates compared to traditional payment gateways. The Kardden Mobile Wallet facilitates smooth connections with banks and cryptocurrency exchanges, ensuring a user-friendly experience.\nThe salient features of Redefining Transactions and its utilities for its clients are as follows:\n1. Kardden Currency Looping Protocol (KCLP): Kardden Token will be the premier e-commerce platform for cryptocurrency holders to purchase real-world and virtual-world goods and services. Accepting popular utility tokens such as Bitcoin, Ethereum, and BNB, with Kardden Token as the primary access token, the KCLP will search for the best rates for conversion, looping through multiple centralized and decentralized exchanges.\n2. Eco-friendly and Low-Cost Fees: Kardden transactions settle instantly without the costs associated with mining (proof of work). The decentralized network of 200+ validators globally ensures scalability and transaction fees of less than $0.01 for customers.\n3. Anonymous Transactions: Kardden guarantees unmatchable privacy and security, processing up to 1000 transactions per second with lightning speed.\nKardden Token is dedicated to emerging as the foremost platform for secure and convenient transactions, setting its sights on facilitating the buying, selling, and trading of both virtual and physical items. The company envisions a future where users experience transactions with the highest levels of security and convenience, regardless of whether they involve virtual assets or tangible goods. Kardden's commitment lies in providing a seamless and user-friendly experience, ensuring that buyers and sellers alike navigate transactions effortlessly. The platform is on a journey to establish an ecosystem where users can not only engage in transactions but also explore, discover, and seamlessly transact across both real and virtual environments.\nFurthermore, the company makes a global presence with a commitment to sustainability. Operating from its headquarters in Dublin, Ireland, Kardden Token has solidified its global presence. The company is committed to sustainability, offering an eco-friendly blockchain solution that aligns with the growing demand for environmentally conscious technologies.\nAbout the company - Kardden Token\nKardden Token's latest developments underscore its dedication to transforming the e-commerce landscape and establishing itself as the preeminent blockchain-enabled payment solution. For further information, potential clients can visit the official website onkardden.com.\nMedia Details:\nPerson name: Connor VentropCompany Name: Kardden TokenAddress: 7th Floor, South Bank House, Barrow Street, 4 Dublin, IrelandContact Phone Number: +353 1 617 5000Email:[email protected]:kardden.com\nSOURCE:Kardden Token\nView the originalpress releaseon accesswire.com", 'Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation.\nHowever, Cathie Wood\'s Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade.\nHere\'s what investors should know about this cryptocurrency.\nBitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually.\nThat monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley.\nBetter yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year.\n[{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}]\nData source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number.\nAs shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility.\nAccording to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn\'t have a terribly long history.\nBitcoin\'s price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins.\nTo that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years:\n1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers.\n2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years.\nArk Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside.\nCathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs.\nSensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty.\nPatient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood\'s Ark Investwas originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices: [42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-17 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,002,376,101,512 - Hash Rate: 609388003.457412 - Transaction Count: 327713.0 - Unique Addresses: 590229.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto trading firm GSR, one of the oldest digital asset market makers, appointed former JPMorgan executive Andreas Koukorinis as its new head of trading, the company said Wednesday in apress release. The hiring is part of GSR's push to cater to more conservative-minded clients interested in trading the largest cryptocurrencies, bitcoin {{BTC}} and ether {{ETH}}, Rich Rosenblum, co-founder and president of GSR, said in an email interview with CoinDesk. "Our business has been highly focused on servicing crypto natives on their exposure to altcoins," Rosenblum said. "We want to expand our capabilities and offering to groups in TradFi, and they are more likely to trade BTC, and soon ether ETH." Koukorinis will lead the U.K.-based firm's trading platform and strategy that provides services to clients including token issuers, institutional investors, family offices and trading venues, the company said. Before the appointment, Koukorinis served as global head of credit and FICC eTrading at JPMorgan, and was responsible for global algorithmic credit trading including systematic market making, algorithmic trading in exchange-traded funds across fixed income, and portfolio trading across corporates and emerging markets. The announcement came as digital asset markets are maturing and have become increasingly intertwined with traditional finance. Wall Street asset management giantshave enteredthe crypto space by issuing bitcoin ETFs and global banks started offeringcustody servicesand exploringtokenization of assetslike bonds and credit on blockchain venues. Read more:The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase "The next few years are going to be foundational in defining the market infrastructure for digital assets and I see GSR uniquely placed to take advantage of the trading opportunities this presents," Koukorinis said in a statement.... - Reddit Posts (Sample): [['u/Cobra418', 'I finally finished the new season, and honestly? Not as bas as this subreddit made it out to be', 131, '2024-02-17 00:21', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', 'I initially dipped out half way through the Bitcoin episode and stopped watching the new season, only keeping up with the premiere threads in here while bored at work. It just wasn\'t doing it for me and I felt like rewatching the original 4 season run instead. Recently, I gave Hulurama another go for a project I\'m working on, and idk if it\'s just the passage of time or not having to wait a week for each new episode or what... but it honestly grew on me. I\'ve been watching a new episode and an OG Fox episode back to back each day, and the whiplash I was expecting surprisingly never really hit me. \n\nMost of my issues with the new revival were problems that already existed in the CC revival, but they at least all felt toned down comparatively. The characters were still flanderized but not as bad as before, the plots were still ensemble focused but there was at least a little more Fry/Leela/Bender action than before, and the topical writing... well, that\'s still as bad as the CC seasons, but that\'s just the nature of a show designed for the late 90s television landscape continuing on in the post-social media age. The only new issue for me is the voice acting... I love Billy West but all of his characters sound strained which ruins the comedic timing. Hermes\' actor too, unfortunately. \n\nThere were definitely some stinker episodes, a few I felt badly suffered from "first draft-itus" (especially the premiere... I still don\'t think I logically understand that episode), but on the whole it felt like slightly better CC Futurama. Episodes like the Nibbler and Momazon ones I actually found pretty enjoyable, like a mid-tier Fox era filler episode. The finale was actually really good. I don\'t think the show needed to come back, and I do worry for the quality of future seasons as the show limps on further past it\'s prime, but most of the episodes this season were acceptable/fun enough for what they were. Considering the show is a quarter century old, has been dormant for the last decade and is owned by Disney now, things could have turned out a lot more incoherent/worse (cough cough, Clone High revival).\n\nWhat do ya\'ll think of it now that some time has passed?', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', '1asmua9', [['u/mithridateseupator', 16, '2024-02-17 00:31', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrfetm/', "Most of the season was underwhelming, but not bad.\n\n'All the way down' was a fantastic episode, but you can expect that when Cohen writes one.", '1asmua9'], ['u/brandognabalogna', 15, '2024-02-17 01:09', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrl4t2/', 'I actually feel this way too. I was meh at first, but they felt muuuch better after watching them straight from season 10. I noticed it the other day: I started the show over from the pilot and watched all the way from season 1 through 11 and it felt much more cohesive than I think it did initially. It flows very nicely between the old and new imo', '1asmua9'], ['u/LostMyMilk', 42, '2024-02-17 01:30', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqro88n/', "I've re-watched the new season enough times now that it blends in and is on par with other seasons. No better and no worse.", '1asmua9']]], ['u/12thYearSenior', 'Z2 creditor, Paid - $6,828 through US Bank.', 37, '2024-02-17 01:06', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', 'I had around 18.9btc in it when it went down. Can’t believe I’m actually seeing any of this money lol', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', '1asnvuq', [['u/12thYearSenior', 10, '2024-02-17 01:29', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqro3fv/', 'From my understanding this is the initial cash payment in Yen, and I’ll get somewhere between 2.9-3.9 btc and bch whenever they do the actual bitcoin payout since I chose to receive bitcoin, not cash equivalent.', '1asnvuq'], ['u/12thYearSenior', 15, '2024-02-17 01:30', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqrod6s/', 'I actually had lost access to my account entirely and it took 7 years for me to finally remember my password and use that to change my email and contact info and somehow it worked since I had a fully verified account. It took about a year and I almost took a flight to Japan to get the access back but they finally emailed after 8 months and seems to be working out.', '1asnvuq']]], ['u/Agronopolopogis', 'How do you convince "the nation of freedom" to go cashless?', 146, '2024-02-17 01:10', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '# TLDR; money controls the world\n\n> In short, how do we alleviate the global debt that has been incurred?\n\n> Reset\n\n> WEF/BIS put the wheels in motion for CDBCs well over a decade ago, and everyone has til 2025 to get on board w/ Basel 3 & ISO20022 or kick rocks (sure, they\'ll kick the can a few times..)\n\n> Preface, this isn\'t in any attempt to sway anyone towards cryptocurrency, it is still in it\'s infancy, and if I am remotely right, only those that hold utility will survive. \n\n> Bitcoin is garbage.\n\n> Naysayers to CDBCs - it\'s already happening, and well under way. For those uninformed, CDBCs are not cryptocurrency, but effectively wrap blockchain architecture.\n\n> When economic giants are saying the future is in tokenization, whether you agree or not, they\'re going to see to it that it is.\n\n> We are at the end of our 80 year [cycle](https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory), which means it is time to capitulate.\n\n* The biggest players know they\'re missing their cut (from corporations), just like governments are missing their cut from their biggest players (tax evasion).\n\n* A top down initiative to (in their eyes) balance the books, by being able to keep tabs on everything.\n\n* We got off the gold standard in the 70s, and the wealth divide has grown exponentially because of it.\n\n* The central banks have been funding wars on both sides for centuries, all as a cash grab.\n\n* For the longest time, institutions say crypto-bad mkay, now they\'re seething at the teeth for their piece of the pie.\n* 99.999~% of crypto (predominately meme shit) will cease to exist - if you lack utility, you hold no purpose from a valuation perspective.\n* Bitcoin only holds the value it does today, due to being the pioneer, but it has zero utility - it\'s a facade backed by being a finite resource.\n* ISO20022 was introduced in 2004, Basel 3 in 2010 - both with regulatory deadlines against institutions by 2025.\n* Globally, countries are well on their way to CDBC adoption (130 countries actively in development)\n* Countries have begun to asset back their currencies - BRICS+ nations example now holding over 40% of global GDP in this structure\n* Those same countries have been ramping up the selling off of US Treasuries and selling resources (oil) in native currency/CDBCs\n* CDBCs are the financial revolution for this period of time (web3), just as digital payments were (web2) and credit cards (web1)\n* Rate of local and regional bank failures continues to escalate, with bigger players picking up the remains and it has been on a constant decline since inception.\n* The amount of debt based fiat that has been injected into society in the past four years far exceeds any reasonable pace of inflation.\n* The cost and time to move money today, is obsolete when doing it with crypto. Upwards of 3% in fees and 1-5 business days to settle, compared to pennies and seconds, when cross-border transactions are performed.\n* Rate of institutional purchases of residential property, especially in the US, has seen a massive uptick.\n* Historic amounts of debt are being taken on by the average citizen, along with the lowest savings holdings, as well.\n\n# So how do you get the one country who has been bathed in the facade of freedom for so long to go cashless?\n\nI would love everyone\'s opinion on this, regardless of the aforementioned points.. how could they?\n\nMy opinion? Put the citizens in a place where the choice is obvious, because there is no choice.\n\nWe\'ve all seen it from the WEF.. "You will own nothing, and like it."\n\n* Global Pandemic to take the temperature of such an event (not remotely referencing a stance on vaccines..)\n* Rock the boat on the supply chain to justify years of over-inflated pricing (50+% of inflation tied to Corporations unjustly inflating prices)\n* Print as much money as you can, and allow massive grifts to go unchecked (PPP loans)\n* Over 100 armed conflicts are in flight right now, with the US doing what it does and fueling the ones where we to benefit from either from a military strategic standpoint or natural resources - we\'re in active conflicts in south america, middle east, ukraine and africa.\n\nSo, whats the domino? I think it\'ll be tied to Taiwan due to their semiconductor / microchip major exportation.\n\nSomeone (country) is going to cause escalation to focus in on Taiwan, the US is going to say no sir.. and then BRICS think that the US is spread too thin militarily to counter them rapidly offloading US Treasuries in an attempt to crash the USD.\n\nSo let\'s say they do.. and for a moment, we\'re in an unheard of state of hyperinflation due to the dollar holding nearly no value, and everything being overvalued - hello Venezuela.\n\nNigeria is already in this position, having barred any cash withdrawals from government based accounts and restricting a weekly withdrawal rate for citizens / businesses.\n\nHistorically, it starts in the East (China Social Credit System - 2009) and ends in the West - they are the test bed, and upon acceptance, it moves forward.\n\nPerhaps we flounder for a bit, but Uncle Sam comes forward with a solution to really save the day.. FedNow went live july last year, and while they\'ve said repeatedly it\'s not for CDBC, they flaunt all of the proponents that make a CDBC - eg instant payments.\n\nSo what does the US put on the table that makes it irresistable aside from the fact it costs $300 to buy a gallon of milk?\n\n> Uncle Sam: We care about our country, and we want to get things back on track.. so all debts are forgiven, and any money you have today will be there tomorrow - you just have to use our new currency system \n\n* They\'ll do this for the average citizen, of which makes less than ~80k a year\n* I believe they will begin to tier the 1:1 compensation, the more you owned in USD, the less you\'ll own in "eUSD" - effectively launching the wealth divide between people like Bezos/Musk and the Rothchilds even further.\n* Banks as you know them today, will become subsidiaries of central banks and at best, asset managers.\n\nNow, flame away.. it\'s a conspiracy, hypotheticals like this I find entertaining as hell.\n\n# I would *genuinely* enjoy your take, counterpoints, etc as everyone has a perspective that I do not and I hope I can learn from it.', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '1asnyom', [['u/Deckard_666', 11, '2024-02-17 01:35', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqrp36x/', 'Sweden is a good example. It\'s almost totally cashless. Not by force (ban cash) but by making cash expensive. They do everything with a smartphone app. The trick is to make bringing cash to the bank very expensive. Usually every company brings it\'s cash to the bank at the end of the day. If you have to pay a large fee for it you think twice. So companies start not accepting cash anymore. It\'s even safer for them. Getting robbed in your store or on the way to the bank is a thing of the past. Same goes for private people. If I can\'t take my cash to the bank to pay my rent, electricity, heating etc. I have no need for it right? \n\n\nAnother way to do it was shown ("predicted") in the TV series "Mr. Robot". The alternative currency promoted by a company gives you a discount for every purchase (I think it was 10% less compared to the dollar price).\n\nBanks of course will play a great role and they are working on it right now. Reduce the amount of branches and reduce ATMs. Make it as hard as possible to get cash.', '1asnyom'], ['u/drAsparagus', 13, '2024-02-17 02:27', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqrwoel/', 'Can I just say that...this post takes me back to the glory days of this sub. Well done, OP.\xa0', '1asnyom'], ['u/nmacaroni', 35, '2024-02-17 03:55', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqs979x/', 'Digital currency is the complete and total enslavement of mankind. \n\nFull stop.', '1asnyom']]], ['u/Far_Breakfast_5808', 'Now that I think about it, if Bitcoin proponents were really "in it for the tech" or wanted it to be used as a currency or to get around government intervention/regulation, the actual price of BTC shouldn\'t even matter much if at all.', 80, '2024-02-17 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/', 'Like if the goal is to be able to buy certain stuff, what\'s the need to hodl and wait for or even hope for the number to go up, instead of simply using it to pay? Isn\'t why it\'s called a cryptocurrency? Besides, if the value of currency was important in actual day-to-day transactions (I\'m not talking about broader economies here because I know exchange rates are very important to an economy), then it\'s pretty weird that I don\'t see any Kuwaiti Dinar or Bahraini Dinar bugs around. Otherwise, if the point of BTC was the tech or to get around governments and be libertarian and all, like some BTC proponents who come here claim to be, then it shouldn\'t matter if BTC is "worth" $100,000 or less than a dollar, as long as you can use it to pay.', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/', '1aso66m', [['u/Val_Fortecazzo', 38, '2024-02-17 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrnptt/', 'They should also be less enthused by an ETF which completely circumvents the block chain.', '1aso66m'], ['u/therobotisjames', 53, '2024-02-17 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrsa06/', 'Tbh they would want the price as stable as possible. To be an effective currency you need stability. They absolutely rail at the US dollar for inflation but never bother to look inwards. \nThe reality is that they want it to be all things at all times. Which no matter how much “tech” they throw at it doesn’t work. People have been trying to merge currencies with investments with commodities with speculations. There’s a reason after 400 years of trying no one has done it.', '1aso66m'], ['u/Far_Breakfast_5808', 30, '2024-02-17 02:05', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrtgzi/', 'I think the ETF thing was proof that a lot of Bitcoiners gave up on BTC being used as currency and simply embraced it as a get-rich scheme, because if they were still following the libertarian views behind the creation and original intent of BTC, they would have been horrified with the ETFs.', '1aso66m'], ['u/skittishspaceship', 24, '2024-02-17 02:20', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrvm4m/', 'your first mistake is believing their stories in the first place. theyre sales pitches. theres no underlying.\n\nif saying bitcoins smelled like roses sold bitcoins and made the price higher, theyd say it.', '1aso66m'], ['u/Voice_in_the_ether', 10, '2024-02-17 03:19', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqs47c0/', 'Yeah, so much for "decentralization"...\n\n...unless... what if we *put the ETF on the Blockchain!!!* \n\nQuick; where are my VC\'s? Every needs to jump on board now, \'cause this is going to moon so hard!!\n\nSuper-mega s/, in case it\'s not obvious.', '1aso66m'], ['u/zubbs99', 13, '2024-02-17 03:49', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqs8adb/', 'The conceipt that it would be used for currency has not yet caught on after all these years, so they just switched the use case to "store of value". I.e. it didn\'t work as cash so now they want it to work like gold. Now they describe it as an "asset class" to be used for portfolio "diversification". Maybe something will stick eventually.', '1aso66m'], ['u/TriflingHotDogVendor', 22, '2024-02-17 04:31', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqsdxpm/', 'They say that when it goes down. They give you that 1 btc= 1 btc thing.\n\nWhen line go up, suddenly the market rate in USD matters.', '1aso66m']]], ['u/ezrgaryaob', "What's the weirdest down payment source you've come across?", 356, '2024-02-17 01:43', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/', 'Friends with a realtor and have heard a few wild stories about down payment sources. Like, one person sold a rare comic book collection for their down payment. Another person used their earnings from a viral YouTube video that got 300m views. Another cashed out $90k in Bitcoin sportsbetting on Stake and had to sit on it for 6 months in order to use it. So many people appear to cash out their massive stock in a startup right after it went big. So many ways huh?', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/', '1asopik', [['u/Happy_Confection90', 151, '2024-02-17 02:10', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqrua8o/', 'My brother collected toys related to a cartoon series he liked, and in his early teens began putting them away, mint in their boxes. Selling them in his 20s contributed substantially to the down-payment on his house.', '1asopik'], ['u/bumbletowne', 90, '2024-02-17 02:14', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqruu5b/', 'Someone sold their rare orchid and carnivorous plant collection (some of these are like 1/4 on the planet or the only permitted plant in human collection straight from the wild) to buy their golden passport home in Barcelona\n \nThey still miss their orchids..... They could only take 40 plants with them', '1asopik'], ['u/Bibliovoria', 161, '2024-02-17 02:28', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqrwsdx/', 'A friend sold his Magic: The Gathering cards for the (entire) downpayment on his condo.', '1asopik'], ['u/Jormney', 49, '2024-02-17 02:55', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs0sh9/', 'Sold ~150 vinyl album on discogs to fund mine!', '1asopik'], ['u/Apprehensive-Ad-80', 62, '2024-02-17 02:56', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs0uoh/', 'I thought I understood options and made a stupid bet on AMC during the whole meme stock thing… a co-worker later explained how I could have lost my a$$ on it and I haven’t messed with options since 😂', '1asopik'], ['u/Jormney', 21, '2024-02-17 02:59', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs1bl2/', "~$10000, so I guess it didn't fully fund my down payment but a big chunk of it!", '1asopik'], ['u/The_Void_calls_me', 35, '2024-02-17 03:11', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs30gw/', "I was actually coming to post this same thing. I went into contract on a condo, and decided to gamble a (large) portion of the saved down payment (about $60K) on AMC because I'm stupid. Every day for two weeks I would wake up to swings of tens of thousands of dollars, up and down, up and down. \n\nI woke up one day feeling sick, because it was down so much, I realized I wouldn't qualify for the loan. Since it didn't matter at that point, I let it ride. 3 days later it spiked, and I cashed out 80% of my holdings about $30K up, making my downpayment that much bigger. 5 days after that it crashed.", '1asopik'], ['u/Inevitable-Trip-6041', 58, '2024-02-17 03:26', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs56fl/', 'My friends grandpa sold gold melted from teeth of VC that he scavenged in Vietnam during his tenure there for down payments allegedly. Knowing the grandpa I don’t doubt it', '1asopik'], ['u/coolsellitcheap', 56, '2024-02-17 03:32', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs5ymq/', 'Met a young couple. Had some landlord issues. Were pissed wanted to buy a house. Fatherinlaw gave them his hotwheels collection and some kiss collection. She listed on ebay and had down payment in like 30 days. She still sells on ebay. They bought a house and are very happy.', '1asopik'], ['u/69stangrestomod', 12, '2024-02-17 03:44', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7nyk/', 'We used insurance payouts for hail damage on our cars to fund 1/3 of our first DP 🤷🏻\u200d♂️', '1asopik'], ['u/neighborhoodcardinal', 12, '2024-02-17 03:46', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7v2k/', 'How did he sell it all? My partner is trying to do that lol', '1asopik'], ['u/ohlookahipster', 41, '2024-02-17 03:46', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7x5j/', 'My friend YOLO’d his originally planned $100k downpayment into GME and some other meme stocks during that craze and walked away with something like $300k.', '1asopik'], ['u/School_House_Rock', 24, '2024-02-17 04:16', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsc1ys/', 'A Redditor posted the other day that they sold their collection of automatic weapons for the down payment', '1asopik'], ['u/satans_sparerib', 21, '2024-02-17 04:23', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqscymh/', 'In my naive youth 20 some years ago I wanted to buy a house but found out I was being defrauded by my boss who paid me and provided fake pay stubs showing he had paid my taxes. When I went to apply for my mortgage my financial background check came back as no income for most of the year.\n\nWhen I confronted the bastard ha said, “I’ll just buy the house and you can pay me back.”\n\nSince I’m not real big into indentured servitude, I declined. And then demanded my “taxes” back so I wouldn’t be fucked doing my taxes. What a nightmare. Luckily it worked out, I got approved eventually and got my first house.', '1asopik'], ['u/tahcamen', 16, '2024-02-17 04:28', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsdju1/', 'We used the thousands of dollars in Covid stimulus to fund our down payment. We have 5 kids and between the multiple rounds of stimulus we had saved up about 20k.', '1asopik'], ['u/PinstripeMonkey', 22, '2024-02-17 04:35', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsekjr/', 'Jesus christ', '1asopik'], ['u/neopod9000', 58, '2024-02-17 04:50', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsggiq/', 'Cries in 2008 when I sold my alpha ancestral vision for $300 to pay the water bill.', '1asopik'], ['u/0WattLightbulb', 24, '2024-02-17 04:53', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsgt34/', '100k of our downpayment was from gold my grandpa mined over 80 years ago. He had a map of where he mined it, dates, and a bunch of golf mining memorabilia.', '1asopik'], ['u/myco_myers1031', 38, '2024-02-17 05:23', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqskgtg/', 'One of my old clients hit $25k on a scratch off lottery ticket and bought his first home with some of the winnings.', '1asopik'], ['u/Ok-Cap-204', 15, '2024-02-17 05:29', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsla8e/', 'Years ago I had a client that sold his Michael Jordan rookie card for his down payment. We had to make sure he had a specific paper trail, including photos and appraisal, certified funds from the seller, etc', '1asopik'], ['u/Mbelcher987', 18, '2024-02-17 05:42', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsmrml/', "Had a friend sell 4 [[gaeas cradle]] for 100 each when I first met him. I didn't buy them. \n\nu/MTGcardfetcher", '1asopik'], ['u/TailorPuzzleheaded49', 21, '2024-02-17 05:51', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsntxm/', "I won a $13,000 sports bet off a 20 dollar nfl parlay. My 3 percent down, cost to close, insurance totalled around 15,000 and I wouldn't have been able to get a house that I feel blessed to have otherwise.", '1asopik'], ['u/Odafishinsea', 12, '2024-02-17 06:04', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqspb0t/', 'I used part of a universal life insurance policy to pay for mine. My dad bought it when I was 11.', '1asopik'], ['u/liftingshitposts', 16, '2024-02-17 07:01', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsvcby/', 'Wow, what a highly regarded decision haha', '1asopik'], ['u/__curt', 12, '2024-02-17 07:32', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsydku/', 'Ok you win', '1asopik'], ['u/Kayl66', 46, '2024-02-17 09:17', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqt7lsj/', 'A few months into dating, my wife and I were both hit by the same Tesla while crossing the street in a crosswalk. I fractured my pelvis, she had some less serious injuries. A good chunk of our down payment (3.5 years later) is the insurance pay out', '1asopik'], ['u/Inevitable-Trip-6041', 13, '2024-02-17 14:03', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqtyjn0/', 'He was nothing short of brutal. The dude was a forward observer and when we were like 8 or 9 he would sit with us while we played video games and would be saying “that’s not realistic” and then talk about how artillery or gunships or bullets chewed people apart in graphic detail. I don’t think the dude had an ounce of guilt or regret. He’s the only veteran I’ve ever met who genuinely seemed to enjoy war. Dude had a scrapbook of wild shit from his time.', '1asopik']]], ['u/MikeMcD2k', 'Gemini Earn update 2/16/2024', 32, '2024-02-17 01:46', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/', 'February 16, 2024 (Friday)\n\u200b\u200bPlan Confirmation. On February 15, Genesis filed a further Amended Plan and Memorandum in “Supp0rt” of Confirmation. The Amended Plan reflects changes necessary to resolve potential objections to confirmation – including those by Gemini – and makes other clarifying adjustments in the interest of creditors, including Earn users. Forthcoming supplements to the Amended Plan – including Gemini Lender Distribution Principles and Gemini Reserve Principles— will further resolve significant issues, which Gemini, on behalf of all Earn users, has been working closely with Genesis and other parties to address over the past few months (see February and January 2024 updates, below). However, Gemini continues to review the Amended Plan to ensure that it treats Earn users properly and that none of the changes in the Amended Plan would compel Gemini to oppose Plan confirmation. The changes between the Amended Plan filed this week and the previous amended plan, which was filed on November 28, 2023, are shown in Exhibit A to Genesis’s Notice of Filing of Amended Joint Chapter 11 Plan.\n\nAlso yesterday, the Ad Hoc Group of Genesis Lenders (AHG), the Ad Hoc Group of Dollar Lenders, and the Unsecured Creditors Committee (UCC) filed statements in “supp0rt” of Plan confirmation. Genesis’s parent company, Digital Currency Group, Inc. (DCG), and DCG’s affiliate DCG International Investments Ltd. (DCGI) also filed redacted Direct Testimony in Supp0rt of DCG’s and DCGI’s Objection to Confirmation.\n\nAs a reminder, the confirmation hearing is now scheduled to begin on Monday, February 26, 2024, and is expected to last the entire week. Details for attending the confirmation hearing will be posted on this page once they are made available. Following the confirmation hearing, Bankruptcy Judge Lane may take the matter under advisement and issue an opinion on confirmation at a later date.\n\nThis week Genesis also filed an Amended Voting Declaration, which includes additional ballots in the voting tabulation but does not change any particular class’s acceptance or rejection of the Plan.\n\nSale of Trust Assets. On February 14, Judge Lane approved Genesis’s Motion Authorizing Sale of Trust Assets (see February 9th update, below). Pursuant to the bankruptcy court’s order approving the motion, Gemini is authorized to begin monetization of the Initial Collateral (30,905,782 shares of GBTC) it holds for the benefit of Earn users (see February 2nd and January 26th updates, below). This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). Distributions cannot be made to any Genesis creditors, including Earn users, unless and until the Amended Plan is confirmed; Gemini’s monetization of the Initial Collateral in anticipation of the confirmation hearing will expedite in-kind distributions to Earn users if and when the Amended Plan is confirmed.', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/', '1asos7b', [['u/mrshasanpiker', 21, '2024-02-17 01:56', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrs6f0/', "> This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). \n\nHey, that's good right? Let's hope it goes well", '1asos7b'], ['u/ronin858', 35, '2024-02-17 01:56', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrs79g/', '>This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). \n\n\n\nThis is great news.', '1asos7b'], ['u/Etymologicalist', 14, '2024-02-17 02:01', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrstp4/', 'They are allowed to change the distribution principles after we voted on them... What a FUCKING JOKE.', '1asos7b'], ['u/Greenpeppers23', 22, '2024-02-17 02:04', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrtdvw/', 'Exactly why I didn’t vote. all the debate on here about yes or no was stupid', '1asos7b'], ['u/Previous_Pension_309', 24, '2024-02-17 03:46', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqs7wno/', 'LETSSS GOOOOOOO. where’s all those people tryna convince me to remain negative. distributions before the end of summer is my bet!!!!', '1asos7b'], ['u/Narrow-Surround-8416', 12, '2024-02-17 05:21', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqskb8d/', 'I will be glad to get them back and I will be glad to see you get yours back too.', '1asos7b'], ['u/ronin858', 16, '2024-02-17 06:37', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqsstpj/', 'That may be so, but the fact that they are explicity saying it again at this late stage to confirm their intentions, is still good news ... well, at least to me it is.', '1asos7b']]], ['u/ezz8o8', 'Supply and demand ', 35, '2024-02-17 02:07', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/', '1 block average time 10 mins\n\n6.25 BTC per Block\n37.5 BTC per hour\n900 BTC per day\n27000 BTC per month\n324,000 per year\n\nAfter halving\n\n3.125 BTC per block\n18.75 BTC per hour\n450 BTC per day\n13,500 BTC per month\n162,000 per year\n\nAnd this cycle will continue until next halving. \n\n\n1.5625 BTC per block\n9.375 BTC per hour \n225 BTC per day \n6750 BTC per month\n81,000 BTC per year \n\nBTC is strong arming its way to higher valuation. Nothing can stop the system from its dwindling supply. ', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/', '1asp8pi', [['u/RunAndHeal', 14, '2024-02-17 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/kqrvunt/', 'And we have 30 mln well established millionaires worldwide', '1asp8pi'], ['u/clicksanything', 14, '2024-02-17 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/kqs29pj/', "Im most excited to see what happens after the 2032 halving, at which point we'll see 0.78125 BTC per block.\n\nMeaning those with 1+ bitcoin will be holding more than block reward. Wild.", '1asp8pi']]], ['u/Bitbuyer313', 'The DCA grind never ends', 137, '2024-02-17 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/', "Today is day 2406 of hodling and DCAing Bitcoin\u202f\u202f\u202f\nRamen noodles are key when attempting to put every spare dollar into my DCA.\nMy shoes look like shit but they still get the job done.\n\nI can't remember the last time I bought new clothes.\n\nMy stacking goals were met a long time ago, every time I reach my target goal I just set a new target.\nI've come to the realization that I won't stop buying Bitcoin\u202funtil there's none left for sale.\n\nMy family is finally starting to realize I'm not crazy, the few friends I have probably still think I am but Idc, this is my legacy, this is what my lineage will talk about as they sit in my future castle enjoying the fruits of my labor.\n\nMy only regret was not adopting this mindset sooner.\n\nThis is Bitcoin.", 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/', '1asqf2l', [['u/Lucid1459', 154, '2024-02-17 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqs8z6h/', 'Yea its ok to buy clothes and shoes', '1asqf2l'], ['u/FaultyVulcan', 41, '2024-02-17 04:00', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqs9sfn/', 'So did you make any good memories in the last 2406 days or was it exchanged for stacking?', '1asqf2l'], ['u/clicksanything', 12, '2024-02-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsal4f/', "Nice. I orangepilled my best friend last week and gave him a Bitcoin book to study (B is for bitcoin). Then we watched a 1hr documentary about how our debt based monetary system is designed to steal from us and control us. And now hes starting to question everything and having an existential crisis lol.\n\nMy family still thinks Im insane, but Ive since learned to shut up about it. One way or another they'll all learn.", '1asqf2l'], ['u/SmoothGoing', 11, '2024-02-17 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsexkw/', 'What\'s your backup plan? You know, in case "going full R" approach does not meet your targets? Because bitcoin doesn\'t care about your plight.', '1asqf2l'], ['u/Bitbuyer313', 19, '2024-02-17 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsfaur/', "I traveled all over Europe on a few separate trips between 2017-2019 and a few small vacations to keep the wife happy but recently it's been nothing but sacrifices in the name of stacking more corn.", '1asqf2l'], ['u/Bitbuyer313', 13, '2024-02-17 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsg3ks/', "Mine work just fine, I don't go out often so idc about staying up to date on new shit.", '1asqf2l'], ['u/Bitbuyer313', 12, '2024-02-17 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqskdz4/', 'I already hit my personal target. Everything Im stacking from here on out is for my children. Being that I have a family to care for I keep a set amount of fiat for any major emergencies. I just neglect my own personal needs.', '1asqf2l'], ['u/rickwaller', 18, '2024-02-17 09:07', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqt6qh8/', "Could have skipped that and dca'd more! Stop with all the frivolous vacations and get back the charts and get buying! Sell the wife, dca! Stack that corn!", '1asqf2l'], ['u/mirudake', 39, '2024-02-17 09:21', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqt7von/', 'And healthier food.', '1asqf2l'], ['u/quakkids', 16, '2024-02-17 10:57', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqtfwcp/', 'You should go out tho.', '1asqf2l'], ['u/Jand0s', 10, '2024-02-17 12:01', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqtlqxa/', 'Sad way to live. Good food is very important for health', '1asqf2l'], ['u/p4ttl1992', 11, '2024-02-17 20:17', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqvpjfz/', 'Health > wealth', '1asqf2l']]], ['u/NARESH4444', 'Junkyard Has Been Hacked By Bitcoin Scammers.', 74, '2024-02-17 03:35', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/', 'His main channel(his second one is still fine)has been hacked into by the usual scum of the Earth. \n\n\nhttps://preview.redd.it/53cew56352jc1.png?width=998&format=png&auto=webp&s=f0a79f03330fcb91b846e17588e383fbaf7020f1\n\n\n\nhttps://preview.redd.it/ndnpyjc552jc1.png?width=987&format=png&auto=webp&s=8b400e18d8c762a3b863df6d6418aee8929ecab3\n\n\n\nhttps://preview.redd.it/pgwpg1s752jc1.png?width=1477&format=png&auto=webp&s=bad85fd48bc3c781dc62a4085bed5801303dad4d', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/', '1asr38u', [['u/Precarious314159', 38, '2024-02-17 04:02', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsa28f/', "That's brutal! Phising scammers at the right time can get anyone. Hopefully he gets it back soon and doesn't lose too many subscribers.", '1asr38u'], ['u/GrimWarrior00', 30, '2024-02-17 04:30', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsdsl4/', 'The quickest way to fix this is @YouTube on Twitter and BlueSky if they have it. \n\nThis happened with the SuperBeardBros a few months back.', '1asr38u'], ['u/creaturecatzz', 10, '2024-02-17 06:24', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsrf2k/', "it's been happening a lot more frequently last year or so. my recommendation to creators if they are reading or other fans is 👏 backup 👏 your 👏 favorite 👏 content 👏\n\ni'm doing it already and the peace of mind knowing that if anything happens like this to a creator i love or youtube one day ends i'll still have all the content that formed my childhood (the mainstream stuff will be easy enough to get but these lets plays and such are kinda on us to archive)", '1asr38u']]], ['u/TruthSeeker1776', 'I wasnt aware of Bittrex bankrupcy and now its becoming difficult to withdraw my Cryptos. Please help!', 43, '2024-02-17 05:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/', "Hello, I entered on Bittrex after a couple of years and I realized it was bankrupt. December 3 was the last day for trading and its officially down. , Still they say that I can withdraw my Bitcoin (I'll believe it when I see it). The issue is that I can only send it to a non-segwit address. \n\nAfter researching, ive found that the only option is a legacy address. Ive heard that Electrum could be a good choice. But they still have legacy address nowadays? \n\nAny other sugestions?\n\nPlease, somebody help me. I have 3,800$. Im so desperate...\n\nThank you very much!", 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/', '1assuuk', [['u/Jase82', 113, '2024-02-17 05:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsmm8o/', "Whatever you do, DO NOT respond to DMs on Reddit.\xa0\n\n\nAlso don't tell an online forum how much you have there are too many vultures out there.\xa0", '1assuuk'], ['u/Rambalamda', 21, '2024-02-17 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsq0dj/', "Bittrex used to be a very popular exchange during the '17-20 tmeframe", '1assuuk'], ['u/SnooCalculations1742', 20, '2024-02-17 06:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqssfqh/', "I believe Sparrow wallet let's you chose what address to create. So download it, and see if you can create a legacy wallet there", '1assuuk'], ['u/NotHappyTilUNotHappy', 10, '2024-02-17 07:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsxwhv/', 'Scammer 🤡', '1assuuk'], ['u/stedgyson', 17, '2024-02-17 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqt15v6/', 'Ledger can, or certainly could create legacy addresses', '1assuuk'], ['u/bananafannaphofanna', 13, '2024-02-17 08:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqt21zj/', 'Best advice', '1assuuk'], ['u/Reasonable_Dot_1831', 15, '2024-02-17 10:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqte014/', 'They sent a lot of E-Mails to inform the users', '1assuuk'], ['u/Ultra918', 13, '2024-02-17 10:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqtead9/', 'Ledger has legacy Adress', '1assuuk']]], ['u/Sarah-Who-Is-Large', 'LPT - No legitimate organization will ask for bitcoin or gift cards as a form of payment', 358, '2024-02-17 05:46', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/', 'This may seem obvious to some people, but as scammers get better at what they do, they make their schemes to steal from you more and more plausible.\n\nIf you’re in communication with what seems like a completely legitimate business and they ask for bitcoin or gift cards, end the communication right away, and call your bank directly from the number listed on their official website.\n\nI know two people who nearly lost thousands of dollars to scams like this in the past year, and I think both of them could have avoided the situation if someone had directly informed them that gift cards and bitcoin are suspicious forms of payment. I hope this post can be the tiny nugget of information someone needs to save themselves from a lot of trouble!', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/', '1astlpi', [['u/ramriot', 11, '2024-02-17 06:16', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsqj1n/', 'What about buying Bitcoin, can I use it for that?', '1astlpi'], ['u/StevynTheHero', 12, '2024-02-17 06:54', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsukr5/', 'Literally any retail store won\'t accept gift cards that aren\'t for that exact same retail store.\n\nSo if you\'re on the phone with "the dmv", "the IRS", "your bank", or "the nice people helping you with the virus on your computer" and they ask for target gift cards, you\'re probably safe to assume that they are full of shit.\n\nAnd I have never heard of any business accepting bitcoin, especially now that it\'s been proven to be nothing more than a scam operation, just like all other crypto, nfts, and whatever is coming next.', '1astlpi'], ['u/Testing123YouHearMe', 21, '2024-02-17 06:56', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsuu8a/', "I feel like there's a big difference in accepting a payment method and /asking/ for payments to be made with a specific method.", '1astlpi'], ['u/Alexis_J_M', 16, '2024-02-17 07:48', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqszwo5/', 'Stores sell gift cards to get your money faster. \n\nLegitimate businesses do not ask for Walmart gift cards to pay your bill.', '1astlpi'], ['u/CrazyString', 14, '2024-02-17 09:20', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqt7t7j/', 'I’m just gonna say that I did work for a tech company that paid their 2nd highest dev in bitcoin. Dude lives in a different country. Maybe it was a tax thing who knows.', '1astlpi'], ['u/Rhail3x', 22, '2024-02-17 11:39', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqtjqlr/', "My IPTV uses Bitcoin to avoid the government. It's legal for me to consume IPTV, but it's not legal for them to offer the service.", '1astlpi'], ['u/IsDinosaur', 13, '2024-02-17 13:37', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqtvfej/', 'Gift cards are scammers delight, Bitcoin is accepted by many huge multinationals as legitimate payment.', '1astlpi'], ['u/JanusMZeal11', 14, '2024-02-17 14:50', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqu53ra/', 'I think the difference is asking for vs. accepting as an option.', '1astlpi'], ['u/Alexis_J_M', 31, '2024-02-17 16:03', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqug27m/', "This is an important tip, but for most people it's more useful if you tell people WHY you are giving them some advice. \n\nWhy is this a red flag: \n\nIf you pay a scammer with a credit card you can usually get your money back and eventually they will lose their ability to accept credit cards after enough people complain. \n\nIf you pay a scammer with a check there is a record of where the money went, and you can stop payment on a check if it hasn't cleared yet. \n\nEven with something like a money order there is an audit trail of where the money went (though fake money order scams are common enough to warrant a separate conversation.) \n\nIf you pay someone with Bitcoin there is likely no way to trace what legal entity received it. Consumer protection laws don't apply to Bitcoin payments. \n\nIf you pay someone with gift cards the money is irrevocably gone the second they use the gift card. Consumer protection laws only make sure someone can spend the money. \n\nNo legitimate business or government agency will accept Walmart gift cards as payment. No legitimate business will send you a money order for buying Walmart gift cards for them -- the money order will be fake and your bank will take the money back after they figure that out, and you will not only lose the money you spent on the gift cards, you will likely owe fees for depositing bad money. The bank has no way of knowing whether you are an innocent victim or part of the scam. \n\nYes, there are legitimate businesses that accept Bitcoin for payment, yes, there is legitimate business being transacted in Bitcoin, just like there are legitimate businesses that only take cash, but it's a huge warning sign that you need to have a really high level of trust before you proceed.", '1astlp... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", 'Feb. 18:Wormhole Foundation, which supports teams building products for the cross-chain messaging protocolWormhole, said in ablog postthat it\'s "collaborating with the team at Succinct to build an Ethereum ZK light client as part of an ongoing effort to further decentralize message verification within the Wormhole platform. Wormhole ZK is being leveraged by developers to minimize trust in the Wormhole platform, improve cross-chain composability and increase network security. Read more about the vision of Wormhole ZK in the recently announcedZK roadmap."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.\nFeb. 16:TRON DAO, the decentralized autonomous organization (DAO) behind the TRON network, with over 210 million user accounts, has unveiled its roadmap for building an innovative Bitcoin layer-2 solution, according to atweet from Tron founder Justin Sun. "This solution will revolutionize how we think about blockchain interoperability and using stablecoins within the Bitcoin ecosystem," according to a message from the team. "Let\'s make #Bitcoin fun again!" Sun wrote. {{TRX}}\nFeb. 16:Silencio, a decentralized network of smartphones working as noise-pollution sensors, has closed a $1M funding round led by Borderless Capital, a leading investor in the DePIN space, according to the team: "Along with Borderless Capital, funding from Moonrock Capital, Master Ventures, and others will be used to expand and enhance its community-driven noise pollution sensor network, improve data integrity for well-being, and support strategic initiatives. This investment marks a significant milestone for Silencio as it sets out to redefine data coverage through the integration of peaq, the layer-1 blockchain for real-world apps." Silencioselected peaq\'s networklast year as its layer-1 blockchain.\nFeb. 16:Subsquid, a peer-to-peer network to batch query and aggregate data, hasjoined Google’s BigQuery for multi-chain projectsto leverage Subsquid with BigQuery to quickly analyze their usage on different chains and gain insights into fees, operating costs and trends, according to the team: "Subsquid indexing has supported over $11 billion in decentralized applications and L1/L2 value, with 30,000 participants, including tens of thousands of developers, deploying over 40,000 indexers."\nFeb. 15:RW3 Venturesraised $60 million for RW3 Ventures Fund I LP,according to the team: "The fund will target investments in early-stage blockchain and Web3 companies, with an emphasis on teams that seek to utilize blockchain technology to disrupt real-world industries and business models with sizable addressable markets. The round was led by The Raptor Group and Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, a global sovereign investor headquartered in Abu Dhabi. RW3 is led by Pete Najarian and Joe Bruzzesi, two well-known figures in the digital asset space."\nFeb. 15:Blueprint Financeannounced that it\'s emerging from stealth with $7.5 million in funding from crypto-native investors including Tribe Capital, Hashed, Portal Ventures, SALT and others – to solve crypto\'s liquidation problem.According to the team: Blueprint’s flagship product is the Concrete Protocol, an appchain purpose-built for on-chain debt and credit. Concrete powers higher yields, liquidation protection, and advanced predictions across all of DeFi, starting with money markets."\nFeb. 15:QuickNode, a Web3 development platform, now supportszkSync hyperchains," enhancing its custom chains offering for clients seeking fast and scalable ZK technology," according to the team: "Hyperchains, powered by ZK Stack, ensure robust data privacy, ideal for enterprise use cases while maintaining compliance. They run parallel to zkSync mainnet, enabling seamless asset bridging and liquidity flow. With QuickNode handling infrastructure, businesses can focus on creating plug-and-play blockchain applications."\nFeb. 15:Lava, an application-specific proof-of-stake blockchain built using Cosmos SDK, has raised a $15 million seed round, led by Tribe, Jump and Hashkey Capital, according to the team: "Mainnet is launching end of Q1/early Q2. Lava\'svisionis to build a modular data access layer for Web3, enabling developers to easily build apps on any chain or rollup. Lava has been uniquely designed for technical and non-technical users to contribute to scaling the network and is launching a points system to reward users."\nFeb. 15:Injective, a blockchain designed for finance built using Cosmos SDK, now supports "an interoperable domain name service (DNS) on mainnet: Solana domain-name bridging with Wormhole (previously available on testnet). The cross-chain integration further converges the Web3 and Web2 experience by letting users leverage single domain names like on Web2 when conducting transactions, and represents a major achievement in ecosystem collaboration, including Bonfida and Wormhole. More details fromInjectiveandBonfida. Injective’s infrastructure features a unique two-way cross-chain interaction facilitated by Wormhole. This results in a more efficient and streamlined domain service experience when SNS transactions are initiated. Adoption is simple: users can purchase .sol domains plus use both .sol and .inj domains across Injective dApps, further expanding the cross-chain domain experience." {{INJ}}\nFeb. 15:Helika, a data analytics and infrastructure provider for traditional and Web3 gaming with customers like Animoca Brands and Yuga Labs, is announcing the completion of an $8 million Series A fundraising from Pantera, Animoca, Diagram and Sfermion. According to the team: "This funding will help Helika advance its AI-powered suite of products and services, which currently aggregates data across multiple chains, social media platforms, and games and synthesizes that data into actionable insights for gaming studios to leverage in user acquisition, retention, and engagement to ultimately drive profits."']... Last 60 Days of Bitcoin's Closing Prices: [43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-18 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,018,944,941,600 - Hash Rate: 491572989.4556458 - Transaction Count: 343417.0 - Unique Addresses: 563861.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Swan Bitcoin, a cryptocurrency services firm, has announced the launch of its mining operations. The company, which is preparing for a public listing, aims to achieve a hash rate of 8 exahashes per second (EH/s) by 2024. The newly unveiled mining unit is already operational, as reported by CoinDesk, and is part of Swan Bitcoin’s strategic growth ahead of its initial public offering (IPO). The mining operation is expected to bolster the company’s revenue streams and provide a foundation for its public market debut. Bitcoin mining is the network’s consensus mechanism by which new Bitcoins are entered into circulation. In this process also known as proof-of-work, node operators, or miners, validate transactions on the blockchain in exchange for rewards. Bitcoin adds a new block of transactions to its blockchain every 10 minutes which comes with 6.25 Bitcoins as the miner’s reward. This amount is cut in half roughly every four years, in an event known as “the halving.” As halving slows down the amount of Bitcoin generation, some market watchers argue that Bitcoin’s scarcity increases every halving cycle which can have a positive effect on the cryptocurrency’s price. The next halving is expected to occur this coming April and will reduce mining rewards to 3.125 Bitcoins per block.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Decentralized exchange FixedFloat fell victim to a hack, losing at least $26 million worth ofBitcoinandEthereum. The attack was initiallyreportedon X, and saw FixedFloat attribute massive outflows to technical issues before switching to maintenance mode. FixedFloat has not officially confirmed the exploit, however the exchangestatedin response:\n“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon.”\nThe website is under maintenance and is not accessible. User reports emerged on February 17 detailing frozen transactions and missing funds. Data analysis revealed over $21 million in Bitcoin and nearly $5 million in Ether drained on February 18.\nWhile the attack method remains unclear, the exchange team confirmed the incident and promised further details after completing an investigation and ensuring security improvements. The exchange website currently displays an error message across all pages.\nOperating as an automated crypto exchange without user registration or KYC verification, FixedFloat attracted primarily US-based users and offered Bitcoin transactions via the Lightning Network. This lack of centralized control and anonymity, though appealing to some, can heighten vulnerability.', 'Decentralized exchange FixedFloat fell victim to a hack, losing at least $26 million worth ofBitcoinandEthereum. The attack was initiallyreportedon X, and saw FixedFloat attribute massive outflows to technical issues before switching to maintenance mode. FixedFloat has not officially confirmed the exploit, however the exchangestatedin response:\n“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon.”\nThe website is under maintenance and is not accessible. User reports emerged on February 17 detailing frozen transactions and missing funds. Data analysis revealed over $21 million in Bitcoin and nearly $5 million in Ether drained on February 18.\nWhile the attack method remains unclear, the exchange team confirmed the incident and promised further details after completing an investigation and ensuring security improvements. The exchange website currently displays an error message across all pages.\nOperating as an automated crypto exchange without user registration or KYC verification, FixedFloat attracted primarily US-based users and offered Bitcoin transactions via the Lightning Network. This lack of centralized control and anonymity, though appealing to some, can heighten vulnerability.', 'New CEO Sets Sights on Strategic Expansion in the Middle East and across Asia\nDUBAI, United Arab Emirates, February 19, 2024--(BUSINESS WIRE)--Crystal, a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer. Gupta takes over from Marina Khaustova, who moves into the new position of Chief Operations Officer at Crystal.\nGupta joins Crystal from Ripple, where he successfully drove growth for the firm in the MEA and South Asian markets. His roles at HSBC and CitiBank, and entrepreneurial experience as co-founder of a commercial transport technology platform, makes Gupta the perfect candidate to steer this next phase of expansion for Crystal.\nWith crypto assets becoming increasingly mainstream due to key regulatory and market developments, Crystal appointed Gupta to expand its blockchain intelligence solutions to a global audience of regulators, VASPs, TradFi sectors, and stakeholders in cryptocurrencies.\n"Recent developments like the Bitcoin ETF approval have set the stage both for an increased appetite for digital assets and for compliance tools to keep pace with regulatory expectations," said Brian Brooks, Bitfury Board member and former head of the Office of the Comptroller of the Currency. "It is imperative that regulators and financial institutions worldwide equip themselves with the best toolset and intelligence to keep pace and be fully prepared to tackle any potential risks from this asset class."\nGupta said, "Marina and Crystal has been at the forefront of developing an exceptional blockchain intelligence solution. As we continue to see adoption grow, we are committed to leveraging new-age tech to stay ahead of the curve. Regulators need superior intelligence and cutting-edge tools to navigate these changes, and TradFi institutions are seeking to manage risks effectively as they enter the digital assets market. Our goal is to stay insanely customer-centric, bringing our solutions to every corner of the world."\nSince 2019, Crystal has expanded its presence into key financial hubs including North America, UK, Europe and MEA, empowering financial institutions, investigators, and regulators with blockchain analysis, compliance and risk monitoring solutions. Crystal’s customer base doubled in 2023 by focusing on delivering its unique solution to enforcement and supervisory bodies. The product offers real-time indirect risk assessment, monitoring over 50,000 entities and organizations and offers proprietary training programs for professional cybercrime investigators.\nAbout Crystal\nCrystal is a leading blockchain intelligence firm empowering financial institutions, law enforcement and regulators with real-time blockchain analysis, investigative and compliance solutions. Founded by Bitfury in 2018, Crystal helps financial institutions comply with global anti-money laundering regulations efficiently. Investigators and government agencies leverage Crystal’s cutting-edge technology and unique real-time intelligence to solve crypto investigations. Available as a free blockchain explorer, SaaS, or API.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240218207539/en/\nContacts\nMedia:Trevor Davis, Gregory FCA for Crystal+1 [email protected]', '• The total amount of capital locked on Sui has risen from $211 million to $593 million since the turn of the year.\n• The SUI token is up by 131% in the same period.\n• Sui has now overtaken Aptos, Cardano and Near in terms of capital locked on DeFi protocols.\nLayer 1 blockchain Sui has experienced a sharp increase in inflows this month, a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).\nThe network, which was built by former Meta (META) employees, now has over $593 million in capital locked across various decentralized finance (DeFI) protocols, more than double its total at the turn of the year when it had $211 million,DefiLlama data shows.\nData published bywormholescan.io, which tracks the flow of funds through the cross-chain bridge Wormhole, shows that $310 million had been bridged to Sui from Ethereum in the past 30 days.\nSui is often compared to Aptos as they are both built using Move, a programming language that was originally developed at Meta to power the Diem blockchain.\nSui experienced a turbulent start after it debuted on Binance’s launchpad in May last year. SUI, as its native token, nosedived 68% in the first five months of trading. This came to a crescendo in October when Sui founderswere accused of manipulating token supply, claims they quickly dismissed.\nHowever, Sui soon found its stride after a wave of inscription-related activity. First seen on Bitcoin during its recent NFT phase, inscriptions are a way of recording arbitrary data on the blockchain without the use of smart contracts.\nOn Dec. 22, Sui produced 13.8 million blocks, with transactions per second (TPS) reaching a peak of 6,000. In contrast to other layers 1s, like Ethereum, gas prices during this high traffic phase decreased, according to aSui blog post. According to Suiexplorer, there are currently 106 validators operating 413 nodes to secure the Sui blockchain.\nThis buoyed the confidence of developers and investors as both the SUI token price and on-chain TVL increased in the following weeks. The two largest protocols on Sui are Scallop Lend and Navi Protocol, two lending platforms that have both seen TVL quadruple since the turn of the year.\nSUI is currently trading at $1.80, having risen by 131% since Jan. 1, outperforming theCoinDesk 20 index, which is up by 10% in the same period.', '• Bitcoin remained steady, while ether gained over 5% as investors bet on an ETH ETF in the coming months.\n• AI-related tokens zoomed in as the launch of OpenAI’s Sora sparked renewed hopes for the sector’s growth.\nBitcoin {{BTC}} prices remained little changed over the weekend, hovering around the $52,000 level on relatively lower trading volumes compared to the weekdays.\nThe price action was in line with a recent trend of low volatility over the weekends following the issuance of spot bitcoin exchange-traded funds (ETFs) in the U.S. in January, which seemingly changed the market structure for bitcoin trading.\nHowever, other major tokens, such as ether {{ETH}} and Polygon’s MATIC, recorded higher gains, rising more than 5% since Friday. Ether likely gained as expectations of an ether ETF product offering the asset to U.S. investors bumped up – a narrative that has boosted the Ethereum ecosystem in recent weeks. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours.\nArtificial intelligence (AI)-related tokens, such as Worldcoin’s WLD, Fetch AI’s FET, Bittensor’s TAO, and Sleepless AI’s AI, jumped as much as 10% as technology firm OpenAI revealed its text-to-video generator Sora, sparking a run in the AI sector.\nMeanwhile, some market observers are targeting a short-term level of $55,000 for bitcoin, with a long-term call of $70,000.\n“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.”\nHowever, Hindi added that ether will likely see much hype for its potentially larger upside and investment opportunities in the coming months.\n“The real hype will be around Ethereum. With the potential introduction of an Ether spot-ETF in the U.S., in tandem with the increased global appetite for DeFi – $5,000 for ETH in 2024 could very well be a realistic objective,” he added.', '• Bitcoin remained steady, while ether gained over 5% as investors bet on an ETH ETF in the coming months.\n• AI-related tokens zoomed in as the launch of OpenAI’s Sora sparked renewed hopes for the sector’s growth.\nBitcoin {{BTC}} prices remained little changed over the weekend, hovering around the $52,000 level on relatively lower trading volumes compared to the weekdays.\nThe price action was in line with a recent trend of low volatility over the weekends following the issuance of spot bitcoin exchange-traded funds (ETFs) in the U.S. in January, which seemingly changed the market structure for bitcoin trading.\nHowever, other major tokens, such as ether {{ETH}} and Polygon’s MATIC, recorded higher gains, rising more than 5% since Friday. Ether likely gained as expectations of an ether ETF product offering the asset to U.S. investors bumped up – a narrative that has boosted the Ethereum ecosystem in recent weeks. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours.\nArtificial intelligence (AI)-related tokens, such as Worldcoin’s WLD, Fetch AI’s FET, Bittensor’s TAO, and Sleepless AI’s AI, jumped as much as 10% as technology firm OpenAI revealed its text-to-video generator Sora, sparking a run in the AI sector.\nMeanwhile, some market observers are targeting a short-term level of $55,000 for bitcoin, with a long-term call of $70,000.\n“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.”\nHowever, Hindi added that ether will likely see much hype for its potentially larger upside and investment opportunities in the coming months.\n“The real hype will be around Ethereum. With the potential introduction of an Ether spot-ETF in the U.S., in tandem with the increased global appetite for DeFi – $5,000 for ETH in 2024 could very well be a realistic objective,” he added.', '• Ether may be the only digital asset other than bitcoin to get spot ETF approval in the U.S.\n• There is a 50% chance of ETF approval by May.\n• Dencun, the Ethereum blockchain\'s upgrade due in March, will slash transaction costs.\nBitcoin\'s {{BTC}} recent rally has been driven by thespectacular introductionof exchange-traded funds (ETF). It may be time to now focus on ether {{ETH}}, the second-largest cryptocurrency, broker Bernstein said in a research report on Monday.\nEther is "probably the only other digital asset likely to get a spot ETF approval by the SEC," the report said.\nBernstein says there is about a 50% chance of ether spot ETF approval by May and near-certain probability of approval in the next 12 months.\nA number of traditional finance firms are vying for an ether ETF in the U.S., which is boosting the token\'s medium-term outlook. Franklin Templeton, Blackrock (BRK) and Fidelity, all of which had bitcoin ETFs approved by the Securities and Exchange Commission, are among firms that have submitted applications for an ether ETF.\n"Ethereum with its staking yield dynamics, environmentally friendly design, and institutional utility to build new financial markets, is well positioned for mainstream institutional adoption," analysts Gautam Chhugani and Mahika Sapra wrote.\nEther yield markets would grow in lockstep with the crypto\'s market cap and could "power unique ETFs, if the staking yields are included in the ETF design," the authors wrote.\nThe broker notes that institutions don\'t just want to launch ether spot ETFs, they want to "build more transparent and open tokenized financial markets on the Ethereum network," adding that the "utility is beyond asset gathering."\nEthereum\'s next upgrade,Dencun, scheduled for March, "provides for a dedicated corridor and blockspace for roll ups, making transaction costs cheaper by another 50%-90%," the report said.\nRead more:Ether Traders Target $3.5K as ETH Jumps on ETF Expectations', "With its price up 201% since the start of 2023,Bitcoinhas been on a tear thanks to some positive developments. It's understandable, however, if some investors think they missed the boat on the world's top cryptocurrency.\nThis will induce some to turn to more speculative tokens, likeShiba Inu(CRYPTO: SHIB). The dog-themed crypto skyrocketed in 2021 and caught the attention of many. And bullish supporters are hoping a repeat performance is in the cards.\nHere are three things you'll regret not knowing if you're thinking about buying this meme token right now.\nUnlike its predecessor,Dogecoin,Shiba Inuwas built on top of theEthereumnetwork. This makes the SHIB native token compatible with variousdecentralized applicationsand digital wallets, in theory increasing its utility. Moreover, this means Shiba Inu has functionality forsmart contracts.\nTrying to propel the network forward, Shiba Inu developers recently launched a Layer-2 solution known as Shibarium. The hope is that this innovation can speed up transaction times and lower fees, making Shiba Inu a more popular choice for users to transact with.\nThe other major part of the development pipeline is the launch of Shib: The Metaverse.Users can alreadypurchase landin this Shiba Inu virtual world.\nDespite what appear to be some favorable attributes, Shiba Inu isn't finding a lot of success when it comes to adoption. According to cryptwerk.com, the token is accepted by just 915 merchants as a method of payment. Of course, it's not hard to understand why any business would hesitate to accept Shiba Inu. Extreme price volatility and security risks come to mind.\nBut beyond that, Shiba Inu just isn't catching on in other areas either. Its lack of attractiveness for developers is probably the main reason why. In terms of how many active developers are working on projects using it, Shiba Inu doesn't crack the top 100 cryptocurrencies, according to venture firm Electric Capital. Without buy-in from developers, whose sole focus is to advance the network, the chances of Shiba Inu boosting its utility are slim.\nThis situation makes it strikingly clear the advantages that cryptocurrencies like Ethereum,Cardano, andSolanahave. They all possess unique characteristics that at least give them a chance to be long-term winners in this space. Users and developers have more reason to make use of them, creating an uphill battle for Shiba Inu's viability.\nThough it's still one of the best-performing digital assets since its public launch in August 2020, Shiba Inu is currently 89% below its peak price. Last year, the token rose a little over 30% in value, but this gain lagged the overall crypto market, which roughly doubled. And Shiba Inu seriously underperformed both Bitcoin and Ethereum.\nI believe this points to speculators' waning interest in Shiba Inu. It's difficult to be optimistic about the token's ability to generate monster returns going forward when it couldn't even outperform the crypto industry average during what was a terrific year for digital assets. Consequently, there's probably zero chance Shiba Inu will ever get close to its all-time high ever again.\nEquipped with these facts about the Shiba Inu network's key features, its adoption trends, and recent price action, investors will be better positioned to decide for themselves if this is a cryptocurrency they want in their portfolios.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n3 Things You Must Know if You Want to Buy Shiba Inu Right Nowwas originally published by The Motley Fool", '• Bitcoin tends to rally over 30% in eight weeks leading up to the reward halving, according to 10X Research. Bitcoin\'s fourth halving is due on April 19.\n• Bitcoin\'s daily RSI has crossed above 80, a threshold that has historically presaged 60-day gains of over 50%.\nBitcoin {{BTC}} has had a stellar few months,with bulls ignoringa resurgent U.S. dollar and Treasury yields to push the leading cryptocurrency to the highest level since late 2021.\nWhile a price pullback looks plausible, the broader uptrend looks set to continue, with prices revisiting and potentially surpassing the record high of $69,000 beforeBitcoin Blockchain\'s fourth mining rewardhalvingdue on April 19.\nThat\'s the message from 10X Research after studying past data and a technical analysis indicator called the relative strength index (RSI). Let\'s discuss both in more detail.\nThe theory that bitcoin, the leading cryptocurrency by market value,bottoms out12-16 months ahead of halving and chalks out uptrends ahead of and a year after the halving is well known by now.\nMore importantly for traders, the previous three cycles centered around the halving show prices surged by over 30% in eight weeks leading up to the quadrennial event, which reduces the pace of supply expansion by 50%. The halving due on April 19 will halve the per-block reward to 3.125 BTC from 6.25 BTC.\n"Bitcoin rallies an average of 32% in 60 days ahead of the halving," Markus Thielen, founder of 10X Research, told CoinDesk.\nAt press time, bitcoin changed hands near $52,000. A 32% rally from here, in accordance with the past data, means prices could trade close to the record high of $69,000 on or before the halving day.\n"The closer we reach the Bitcoin halving, the higher the probability that bitcoin will rally, as the evidence from the last three halving cycles shows. This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradeFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving," Thielen added.\nStrong inflows intothe U.S.-based spot exchange-traded funds (ETFs) suggest a bullish mood among traditional investors. These regulated ETFs allow investors to take exposure to the cryptocurrency, bypassing the hassle of storing coins.\nRSI, developed by J. Welles Wilder, is a momentum indicator that measures the speed and change of price movements over a set period, usually 14 days, weeks, or months. Readings above 70 indicate a strong upward momentum in prices.\nA week ago, bitcoin 14-day RSI crossed above 80 for the first time since December. 12 out of 14 such previous RSI signals presaged accelerated uptrends, producing an average gain of 54% in the following 60 days, according to 10X Research.\n"As a reference, Bitcoin traded at $48,294 when the last signal was triggered, and if history (avg. return +54% in 60 days) is any guide, then bitcoin could rally to $74,600 based on this signal," Thielen noted.\nPast performance does not guarantee future results, and macroeconomic factors could single-handedly make or break trends.\nThat said, the present macro picture looks supportive of increased risk-taking, thanks to the U.S.running the most stimulativefiscal policy in years. Goldman Sachshas raisedits year-end forecast for the S&P 500 by 4% to 5,200, citing expectations for robust global economic growth and a weaker dollar.', '• Bitcoin tends to rally over 30% in eight weeks leading up to the reward halving, according to 10X Research. Bitcoin\'s fourth halving is due on April 19.\n• Bitcoin\'s daily RSI has crossed above 80, a threshold that has historically presaged 60-day gains of over 50%.\nBitcoin {{BTC}} has had a stellar few months,with bulls ignoringa resurgent U.S. dollar and Treasury yields to push the leading cryptocurrency to the highest level since late 2021.\nWhile a price pullback looks plausible, the broader uptrend looks set to continue, with prices revisiting and potentially surpassing the record high of $69,000 beforeBitcoin Blockchain\'s fourth mining rewardhalvingdue on April 19.\nThat\'s the message from 10X Research after studying past data and a technical analysis indicator called the relative strength index (RSI). Let\'s discuss both in more detail.\nThe theory that bitcoin, the leading cryptocurrency by market value,bottoms out12-16 months ahead of halving and chalks out uptrends ahead of and a year after the halving is well known by now.\nMore importantly for traders, the previous three cycles centered around the halving show prices surged by over 30% in eight weeks leading up to the quadrennial event, which reduces the pace of supply expansion by 50%. The halving due on April 19 will halve the per-block reward to 3.125 BTC from 6.25 BTC.\n"Bitcoin rallies an average of 32% in 60 days ahead of the halving," Markus Thielen, founder of 10X Research, told CoinDesk.\nAt press time, bitcoin changed hands near $52,000. A 32% rally from here, in accordance with the past data, means prices could trade close to the record high of $69,000 on or before the halving day.\n"The closer we reach the Bitcoin halving, the higher the probability that bitcoin will rally, as the evidence from the last three halving cycles shows. This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradeFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving," Thielen added.\nStrong inflows intothe U.S.-based spot exchange-traded funds (ETFs) suggest a bullish mood among traditional investors. These regulated ETFs allow investors to take exposure to the cryptocurrency, bypassing the hassle of storing coins.\nRSI, developed by J. Welles Wilder, is a momentum indicator that measures the speed and change of price movements over a set period, usually 14 days, weeks, or months. Readings above 70 indicate a strong upward momentum in prices.\nA week ago, bitcoin 14-day RSI crossed above 80 for the first time since December. 12 out of 14 such previous RSI signals presaged accelerated uptrends, producing an average gain of 54% in the following 60 days, according to 10X Research.\n"As a reference, Bitcoin traded at $48,294 when the last signal was triggered, and if history (avg. return +54% in 60 days) is any guide, then bitcoin could rally to $74,600 based on this signal," Thielen noted.\nPast performance does not guarantee future results, and macroeconomic factors could single-handedly make or break trends.\nThat said, the present macro picture looks supportive of increased risk-taking, thanks to the U.S.running the most stimulativefiscal policy in years. Goldman Sachshas raisedits year-end forecast for the S&P 500 by 4% to 5,200, citing expectations for robust global economic growth and a weaker dollar.', 'The cryptocurrency market warmed up again over the past year as the approvals ofBitcoin\'s(CRYPTO: BTC)spot ETFs (exchange-traded funds) and stabilizing interest rates brought back the bulls. But most cryptocurrencies are still extremely volatile, tough to value properly, and heavily exposed to unpredictable macro and regulatory headwinds.\nTherefore, investors willing to take some risk but wanting to invest their cash in actual businesses should take a closer look at high-growth tech companies instead of cryptocurrencies. I personally believe three promising tech stocks --Datadog(NASDAQ: DDOG),ServiceNow(NYSE: NOW), andMonday.com(NASDAQ: MNDY)-- could generate bigger gains than most cryptocurrencies over the next few years.\nDatadog\'s cloud-based platform collects diagnostic data from a company\'s entire software infrastructure in real time. It then aggregates that data onto unified dashboards, which makes it easier for IT professionals to spot potential problems.\nFrom 2019 to 2023,\xa0its revenue grew at a compound annual growth rate (CAGR) of 56%, its total number of large customers (who generate at least $100,000 in annual recurring revenue) nearly quadrupled from 858 to 3,190, its adjusted operating margin improved from negative 1.5% to positive 23%, and its annualfree cash flow (FCF)grew from $0.8 million to $597.5 million. It also turned profitable on a generally accepted accounting principles (GAAP)\xa0basis for the first time in 2023.\nDatadog isn\'t immune to the macro headwinds driving many companies to rein in their cloud spending, but analysts expect its revenue to still grow at a CAGR of 23% from 2023 to 2025 as its GAAP net income grows at a CAGR of 43%.\nWe should take those estimates with a grain of salt, but Datadog has clearly carved a niche in the growing cloud monitoring market\xa0-- which Mordor Intelligence believes will grow at a CAGR of nearly 20% from 2024 to 2029. Its stock might notseem cheapat 16 times this year\'s sales, but it still has plenty of upside potential.\nServiceNow\'s cloud-based service helps companies streamline their unstructured work patterns into automated digital workflows. That process makes it easier for companies to expand efficiently, trim their operating expenses, and support remote and hybrid workers.\nFrom 2019 to 2023, ServiceNow\'s revenue grew at a CAGR\xa0of 27%, its operating margin expanded from 21% to 28%, and its net income rose at a CAGR of 29%. Its number of customers with an annual contract value of over $1 million more than doubled from 892 to 1,897,\xa0while its annual FCF almost tripled from $971 million to $2.73 billion. Looking ahead, it aims to generate more than $16 billion in revenue in 2026\xa0-- which would represent a three-year CAGR of 21% from 2023.\nServiceNow expects that growth to be driven by the digital transformations of large businesses. That secular trend is usually well insulated from macro headwinds since economic downturns drive companies to cut costs and streamline their businesses. ServiceNow\'s stock might seem a bit pricey at 14 times this year\'s sales, but its robust growth rates justify that higher valuation and could support even bigger multibagger gains.\nMonday.com\'s cloud-based platform enables companies to develop their own work management apps to accelerate and automate custom tasks. These apps can be built from scratch or created through pre-built "recipes" for common tasks, and they can be directly integrated into a company\'s existing software applications.\nFrom 2021 to 2023, Monday.com\'s revenue grew at a CAGR of 54%, while its number of customers generating over $50,000 in annual recurring revenue nearly tripled from 793 to 2,295.\xa0Its operating margin rose from negative 17% in 2021 to positive 8.4% in 2023 as it scaled up its business, but it\'s still unprofitable on a GAAP basis.\nJust like ServiceNow, Monday.com benefits from the digital transformations of large businesses. Its Monday AI platform, which enables developers to weave artificial intelligence (AI) features into its apps, should also enable it to profit from the long-term expansion of the AI market. It could also challenge automation software providers likeUiPathand custom AI algorithm developers likeC3.aiwith its customized apps.\nFrom 2023 to 2025, analysts expect its revenue to grow at a CAGR of 27%. It\'s still reasonably valued at 10 times this year\'s sales, and it could be a balanced way to profit from the growth of the cloud, digital transformation, and AI markets.\nWhere to invest $1,000 right now\nWhen our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for two decades,Motley Fool Stock Advisor, has\xa0more than tripled\xa0the market.\nThey just revealed what they believe are the10 best stocksfor investors to buy right now… and Datadog made the list -- but there are 9 other stocks you may be overlooking.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Datadog, Monday.com, ServiceNow, and UiPath. The Motley Fool recommends C3.ai. The Motley Fool has adisclosure policy.\n3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', '• Ether has outshone bitcoin in the past seven days.\n• Ether\'s fundamentals look more constructive than bitcoin\'s, owing to the deflationary trend in ETH\'s supply.\nEther {{ETH}}, the second-largest cryptocurrency by market value, has outpaced bitcoin\'s {{BTC}} rally over the past week, a trend that could continue because the fundamentals for Ethereum\'s native token appear more favorable than those of the larger crypto, according to Greg Magadini, Amberdata\'s director of derivatives.\nEther has gained over 16% in seven days to trade above $2,900 for the first time in nearly two years while the bitcoin price rose a more sedate 8.5% to $52,300,CoinDesk datashow. The ether-bitcoin ratio has jumped nearly 7% to 0.055. CoinDesk Indices CD20, a measure of the wider crypto market,has rallied 10.7%.\nETH\'s outperformance comes after weeks of trailing bitcoin as traders focused on the debut of spot BTC exchange-traded funds (ETFs) in the U.S. and the impending quadrennialreward halving, which will cut the per-block BTC payout to 3.125 BTC from 6.25 BTC.\nRead more:How the ‘Halving’ Could Impact Bitcoin\nThe focus could soon shift to the significant drop in ether supply since Ethereum transitioned to a proof-of-stake consensus mechanism in September 2022 in an upgrade dubbedThe Merge, Magadini said. That contrasts with Bitcoin\'s halving, which just slows the cryptocurrency\'s rate of growth.\n"Everyone is talking about the Bitcoin halving in April, but that’s nothing compared to the active \'REDUCTION\' in ETH supply already occurring since Sept. 2022," Magadini said in a weekly newsletter. "ETH is the next play here! Low ETH/BTC ratio, actively finding a bid, [with ETH\'s] fundamental supply picture even better than BTC."\nSince the Merge, 1,047,643 ETH ($3.05 billion) have been issued and 1,407,200 ETH burned, or taken out of circulation, causing a net supply reduction of 359,557 ETH or 0.209% year-on-year, according to data tracking websiteUltrasound.money. Bitcoin\'s supply increased 1.71% in the same period.\nThe reduction represents a deflationary trend stemming from Ethereum burning a portion of transaction fees paid to validators. The Merge replaced miners with validators, removing a significant chunk of ether supply from the market.\nValidators stake a minimum of 32 ETH to participate in the governing process and secure the blockchain in return for rewards. The number of ether staked or locked in the network surpassed 30.1 million, or 25% of the total circulating supply, early this month. The Dencun upgrade, due March, is expected to slash transaction costs.\nIn addition, the Securities and Exchange Commission is expected to greenlight spot ether ETFs in the U.S. later this year. Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex, have submitted applications to run one.\nThe SEC approved nearly a dozen spot BTC ETFs last month, paving the way for investors to take exposure to the cryptocurrency without having to own and store coins. Since the Jan. 11 debut, the ETFs have seen inflowsofsome $5 billion, generating excitement about the potential ETH ETFs.\n"Combine this ETH \'Supply BURN\' with dormant STAKED ETH and mix in a SPOT ETF actively putting ETH into cold storage … all of a sudden, the supply story for ETH is as bullish as fundamentals can get," Magadini said.\nRead:Ether\'s RSI Warrants Your Attention. Here is Why', '• Ether has outshone bitcoin in the past seven days.\n• Ether\'s fundamentals look more constructive than bitcoin\'s, owing to the deflationary trend in ETH\'s supply.\nEther {{ETH}}, the second-largest cryptocurrency by market value, has outpaced bitcoin\'s {{BTC}} rally over the past week, a trend that could continue because the fundamentals for Ethereum\'s native token appear more favorable than those of the larger crypto, according to Greg Magadini, Amberdata\'s director of derivatives.\nEther has gained over 16% in seven days to trade above $2,900 for the first time in nearly two years while the bitcoin price rose a more sedate 8.5% to $52,300,CoinDesk datashow. The ether-bitcoin ratio has jumped nearly 7% to 0.055. CoinDesk Indices CD20, a measure of the wider crypto market,has rallied 10.7%.\nETH\'s outperformance comes after weeks of trailing bitcoin as traders focused on the debut of spot BTC exchange-traded funds (ETFs) in the U.S. and the impending quadrennialreward halving, which will cut the per-block BTC payout to 3.125 BTC from 6.25 BTC.\nRead more:How the ‘Halving’ Could Impact Bitcoin\nThe focus could soon shift to the significant drop in ether supply since Ethereum transitioned to a proof-of-stake consensus mechanism in September 2022 in an upgrade dubbedThe Merge, Magadini said. That contrasts wi Last 60 Days of Bitcoin's Closing Prices: [43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-19 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,023,480,269,300 - Hash Rate: 552511789.8013868 - Transaction Count: 366108.0 - Unique Addresses: 617452.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices at 0530 GMT) By Stella Qiu SYDNEY, Jan 3 (Reuters) - Asian shares extended a global sell-off on Wednesday, while the dollar held gains, as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. Europe is set to open lower, with EUROSTOXX 50 futures down 0.4% and FTSE futures off 0.3%. S&P 500 futures and Nasdaq futures were both down 0.1%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% after a 1.0% drop on Tuesday in a sluggish start to 2024. The index rose 4.6% in 2023. Japan markets are shut for a public holiday. South Korean shares slid 2.1%, and Hong Kong's Hang Seng index fell 1.1%, as technology shares dropped 2.2% following a tech-led slide on Wall Street. However, Chinese gaming stocks rose after Reuters reported that Beijing had removed a gaming regulatory official. The sector had suffered a sell-off in the wake of proposed rules to curb spending on video games. Kyle Rodda, an analyst at Capital.com, said the combination of event risk and thin liquidity at the tail end of the holiday raises the prospect of exaggerated moves in markets and heightened volatility. "All that's required is a catalyst, which could come from the data flow in the coming days," Rodda said. Later on Wednesday, U.S. Fed minutes for its December meeting and the ISM survey on U.S. manufacturing are due to be released. The closely watched U.S. nonfarm payrolls report is due on Friday. Overnight, Wall Street's euphoria about the prospects for rate cuts cooled as stocks retreated from record highs. The CME FedWatch Tool suggests a 21.4% chance that U.S. rates will remain steady in March, up from 11.4% on Dec. 29. The Nasdaq slid 1.6%, dragged lower by a nearly 3% drop in Apple to a seven-week low after Barclays downgraded its shares. Tesla shares ended flat after a record number of electric vehicle deliveries in the fourth quarter wasn't enough to prevent China's BYD from taking its spot as the top EV maker. A climb in U.S. Treasury yields in the New Year also pressured stocks. The 10-year yield briefly popped above 4% overnight for the first time in two weeks before closing at 3.9406%, up 8 basis points on the day. Cash Treasuries were not traded in Asia due to the holiday in Japan. "There are reasons to be a tad concerned on the risk front at this early phase of 2024. Geo-political concerns have not abated, and in fact if anything are elevating," said Padhraic Garvey, regional head of research, Americas, at ING. Story continues Indeed, tensions in the Middle East are ratcheting up. Israel on Tuesday killed Hamas deputy leader Saleh al-Arouri in Lebanon's capital Beirut, Lebanese and Palestinian security sources said, raising the potential risk of war in Gaza spreading well beyond the Palestinian enclave. Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea after a series of attacks on vessels blamed on Houthi militants. The U.S. dollar, which climbed 0.8% against its peers overnight to a two-week high, held steady at 102.1. Bitcoin rose 0.7% to $45,287, not far from a 21-month peak of $45,922 on Tuesday. Oil prices extended declines. U.S. crude futures slipped 0.3% to $70.18 a barrel, after dropping more than 1% on Tuesday, while Brent was also 0.3% lower at $75.68 a barrel. Spot gold rose 0.3% to $2,065.39 an ounce. (Reporting by Stella Qiu; Editing by Sam Holmes and Neil Fullick.) View comments... - Reddit Posts (Sample): [['u/Lapollo', 'What would you do with the spare €10k? ', 11, '2024-02-19 00:14', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', 'If you had a spare €10k to put willingly towards investments, what would you invest it in? I’m not asking for a pension tactics or emergency fund advice or investing in myself. Strictly stock market investing or cryptocurrency? I own no BTC (but am watching its current movement daily) and only 2 ETH, or leaving to maybe even purchase a first home? I’m 24, live at home, have seperate savings and backup fund and just have 10k to put somehere and leave it be for years. I have few grand in stocks and crypto but gotten lazy the last year. Trying to get back into solidifying my future investments. What would you do? I promise I won’t sue any of you for the financial advice you are about to provide. I want to hear all your stories, opinions and advice.', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', '1au80jz', [['u/Deep-Palpitation-421', 11, '2024-02-19 00:53', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2bkb5/', "Depends on how involved you want to be with it. \n\nIf you're happy to execute trades and do your own tax returns then stuck it into degiro and trade away. Buy some of those iShares S&P500 ETFs or Ryanair stock or whatever you want. Learn how to use limit orders, stop loss, trailing stop loss etc and choose your buy/sell prices. OHLC charts are useful. You can trade commodities using limit orders on revolut too. \n\nOr if you'd prefer a.more hands off approach put it into AIB life / Irish Life / Zurich etc. they all have similar funds with slightly different names. Prisma Max, equity consensus fund 1, fusion 6, MAPs5 etc.", '1au80jz'], ['u/KerryDevVal', 26, '2024-02-19 01:10', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2e4oy/', 'Buy 10k of turf, I got about €30k worth stockpiled to sell on the black market once cutting isn’t allowed anymore', '1au80jz']]], ['u/the_modern_caveman88', 'The Bitcoin Hardware Store', 172, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/', 'New venture here in Bitcoin Beach, El Salvador! They sell all sorts of products from hardware wallets, nodes, seedphrase stamping sets, and they even have a Bitcoin ATM.', 'https://i.redd.it/yy7ujjtkhfjc1.jpeg', '1au8c58', [['u/Alpha__OmeGuh', 11, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr2q2r7/', "Yea just give me ur seed phrase and we'll take a look see if i could repair..", '1au8c58'], ['u/the_modern_caveman88', 12, '2024-02-19 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr339rp/', 'This was funny. Theres actually a rule, no personal seed phrase creation. Theres a seedsigner at the store available for demo which is used only as an educational tool.', '1au8c58']]], ['u/GeekyCodeJS', 'The only way to get more Bitcoin.', 15, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', "People shouldn't overlook the #1 wealth-building tool, which is their income. The less you have, the harder and slower it is for you to stack more Bitcoin.\n\nImagine if you can manage to increase your income from $30,000/year to $60,000/year; that's a 100% return on your money flowing in every month. This is way better than waiting for Bitcoin to reach $100,000 just to achieve the same 100% return.\n\nLearn in-demand skills, solve people's problems, and charge more money for it. Become so valuable that any market condition won't affect you.", 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', '1au8c7i', [['u/richardto4321', 61, '2024-02-19 00:54', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2bpb3/', 'So basically, the best way to get more Bitcoin is to just have more money to get more Bitcoin. Wow Genius!', '1au8c7i'], ['u/richardto4321', 30, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d0qo/', "I didn't miss your point. No one did. It's just that your advice applies to life and having healthy finances in general. It's not anything groundbreaking or new for acquiring Bitcoin in particular. I think everyone here gets it.", '1au8c7i'], ['u/Working_Asparagus_59', 13, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d20r/', 'Just pull yourself up by the bootstraps and rob a bank 🤗', '1au8c7i'], ['u/BlockChad', 12, '2024-02-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2evhq/', 'lol why are you even entertaining this dumbass post?', '1au8c7i'], ['u/MimickingTheImage', 19, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2fbke/', "Dumbest post I've ever seen on here and that's saying a lot.", '1au8c7i'], ['u/observer942', 15, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2gfs5/', "Employers just double people's salary? You should do it, then.", '1au8c7i'], ['u/PeyroniesCat', 28, '2024-02-19 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2kwiw/', 'Just did it during my lunch break. Easy peasy.', '1au8c7i']]], ['u/AussieCryptoCurrency', 'BTC is instant and free! (Current tx fee USD$6.72, instant = 1 hour)', 100, '2024-02-19 00:56', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/', '\nSo many butters have been messaging me- I feel quite honoured to have my post history scoured (considering Reddit settings for Google searching is off and that requires manually searching posts).\n\nIn 10 years:\n* same block size\n* same transaction rate\n* miners more centralised\n* everybody still keeps their funds on centralised exchanges\n* no one runs nodes\n* the network is more centralised than ever before\n* whales own more BTC than ever before \n* tx fee is regularly USD$5-10 or more\n* BTC price up 100x\n\nWe’re early ', 'https://i.redd.it/snej7v9nmfjc1.jpeg', '1au8zme', [['u/justsightseeing', 21, '2024-02-19 01:08', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2du8n/', 'but it have censorship resistance & decentralized\n\n\n\n\nfuck why would i want those things instead of\xa0\n\xa00 fee & astronomically faster tx speed?', '1au8zme'], ['u/borald_trumperson', 16, '2024-02-19 01:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2eikz/', "You don't understand what a boon this is to third world mango sellers", '1au8zme'], ['u/anyprophet', 51, '2024-02-19 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2gw6a/', "layer 2 solves this\n\n\n(please ignore that this throws away most of the supposed benefits of bitcoin and still doesn't work very well)", '1au8zme'], ['u/UniqueID89', 13, '2024-02-19 02:40', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2rdci/', 'Few transact.', '1au8zme'], ['u/ApprehensiveSorbet76', 12, '2024-02-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2ujcs/', 'The miners who validate and process transactions are specifically exempt from the Treasury Department’s KYC AML reporting requirements. What’s the dollar value of this exemption?\n\nCrypto bros got their hooks in with Janet Yellen and the Treasury Department. This compliance exemption is what enables all the crime. A 6 dollar transaction fee is nothing. How much do you think criminals would pay per transaction if they could pay regular banks to turn a blind eye like that? They’d happily pay a few bucks.', '1au8zme'], ['u/Chuckolator', 13, '2024-02-19 03:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2w4xq/', 'At least my $6.72 is going to some electricity thieves in Texas instead 1.5 cents going to those evil engineers at Visa.', '1au8zme'], ['u/dyzo-blue', 15, '2024-02-19 04:49', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr39gex/', "But you shouldn't use it.\n\nhttps://github.com/davidshares/Lightning-Network", '1au8zme'], ['u/ross_st', 27, '2024-02-19 08:23', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr3wjs5/', "Check your Western privilege bro, what about North Koreans who need to build nukes and terrorists who can't use traditional bank accounts?", '1au8zme'], ['u/NorrisMcWhirter', 12, '2024-02-19 13:47', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr4ordt/', 'yeah not bad\n\nthey only need to improve that by two more orders of magnitude and it will be comparable to a free account with a standard consumer bank', '1au8zme']]], ['u/okhzmuskhsm', "He's so desperate", 16, '2024-02-19 00:58', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '[https://www.reddit.com/r/law/comments/1atsoe5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/law/comments/1atsoe5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawFirm/comments/1atsqc5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/LawFirm/comments/1atsqc5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawCanada/comments/1atsrlh/is\\_a\\_testimonial\\_of\\_a\\_witness\\_considered\\_a\\_strong/](https://www.reddit.com/r/LawCanada/comments/1atsrlh/is_a_testimonial_of_a_witness_considered_a_strong/)\n\n[https://www.reddit.com/r/wallstreetbets/comments/1atvh7y/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/wallstreetbets/comments/1atvh7y/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Forex/comments/1atvkes/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Forex/comments/1atvkes/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Trading/comments/1atvnif/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Trading/comments/1atvnif/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/trading212/comments/1atvuhu/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/trading212/comments/1atvuhu/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Wallstreetbetsnew/comments/1atvw3f/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Wallstreetbetsnew/comments/1atvw3f/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/WallStreetbetsELITE/comments/1atw2au/a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/WallStreetbetsELITE/comments/1atw2au/a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/wallstreet/comments/1atw5jo/a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_bitcoin\\_trade\\_really/](https://www.reddit.com/r/wallstreet/comments/1atw5jo/a_1_risk_100_or_200_reward_bitcoin_trade_really/)', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '1au915f', [['u/long_man_dan', 14, '2024-02-19 01:17', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2f1pw/', "Christ dude you're getting the same answer fed to you by rational people over and over again, no matter which sub you go to, and you're too fucking stupid to accept reality", '1au915f'], ['u/UpLeftUp', 18, '2024-02-19 01:28', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2gqo3/', 'User in that Forex thread (/u/AceMcNasty) hits the nail on the head and shows just how ridiculous BSVers are. He doesn\'t even know what a fraud Craig is and how Craig has 0 chance of winning the court case, and even less chance of convincing the BTC community. \n\n\n\n>Ok, so this guys identity is released. Who TF cares. This would be like Linus Torvalds going "well Ubuntu doesn\'t follow my white paper but Chirpy does, everyone switch to Chirpy!". No one\'s going to give a damn because they already built everything around using Ubuntu (in this case BTC). Why does it matter to me if BTC doesn\'t follow his vision? It works and no one accepts BSV. This one guy crying about it not following his vision isn\'t going magically make everyone adopt BSV \\[Bullshit Vision, anyone? The scam is in the damn name, lol. You can\'t tell me he thought BSV is a legit good name\\].', '1au915f'], ['u/AlreadyBannedOnce', 14, '2024-02-19 01:47', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2jhlk/', 'Rent due?\n\nCupboard bare?\n\nPills gone?\n\nGas gauge on "E"?\n\nBSV101 expects Calvin to pay for everything.', '1au915f'], ['u/Zealousideal_Set_333', 11, '2024-02-19 01:55', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2kop2/', 'I want to believe there\'s no way Calvin could be paying this dude to have a mental breakdown...\n\n... then again, he keeps "loaning" money to Craig so he can have a mental breakdown in various courtrooms.', '1au915f'], ['u/Zealousideal_Set_333', 12, '2024-02-19 04:55', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr3a8n5/', "I wasted so much time before I got here reading through Craig, trying to understand, giving him the benefit of the doubt.\n\nNow he's wasting the developers' time by litigating against them, he's wasting the court's time in hearing his frivolous lawsuit at a high level, and he's wasting thousands of victims time who believe his con.\n\nIt's a net good thing for the world to utilize my sunk costs from hearing all of Craig's bullshit out to now debunk his bullshit and help prevent others from being conned out of their time like I was. \n\nNo other use for all the knowledge I already have from giving this narcissist the benefit of the doubt!", '1au915f']]], ['u/SpearHook', 'DCA Life Hack - pay yourself to do things for yourself, in bitcoin', 103, '2024-02-19 01:00', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/', 'I bought hair clippers a few months back to cut my son’s hair at home. I spend $50 a month to get my hair cut; $40 cut, $10 tip. Today I cut my own hair and bought $50 worth of bitcoin. \n\nThis can be applied often if you start pinching pennies. \n\nAuto:\nCar dealership recommends a new air filter and they charge $72 for the service. Buy the air filter on Amazon for $50, install it yourself and buy $22 worth of bitcoin. \n\nLike a clean car? A clean car is a happy car after all. Spend one wash worth of cost on the materials to do it at home and pay your self to do it instead of someone else’s business. \n\n\nFood:\nIf you buy lunch or dinner often, replace some of these meals with premade/meal-prep solutions and spend the savings on bitcoin. \n\nInstead of buying that cake for a loved ones birthday, bake it at home. It costs a fraction of the amount leaving you with surplus to buy bitcoin. A bonus comes with the loved one appreciating the home made cake more as you took time out of your day to do something nice for them. \n\nEnjoy going to the bar? Pregame at home and save boatloads on the bar tab, on the drinks and the expected tip. Walk in already filled with liquid courage rather than pay top dollar for it. \n\nSince you are already spending this amount of money on a regular basis with current spending habits, you will not notice a shortage of funds to pay bills and enjoy your life. However, in a few years you will have more value to tap for life improvements, if you are willing to sell by then. Make sure to pay yourself at the time of service. This creates a DCA and you won’t forget to allocate later. \n\nStay humble, stack sats. 🤙', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/', '1au933z', [['u/Leading_Bet4937', 14, '2024-02-19 01:47', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2jgrb/', 'I like this mindset', '1au933z'], ['u/Badj83', 137, '2024-02-19 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2q6en/', 'Good idea! No hooker this month. I’ll take care of it myself.', '1au933z'], ['u/Crypto-Hero', 24, '2024-02-19 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2xa6u/', "Let's give this guy a hand! 👏", '1au933z'], ['u/FrontBass3942', 13, '2024-02-19 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr301d3/', 'Stop smoking - Buy BTC with your cigarette money', '1au933z'], ['u/WarmMillerLite4-2', 11, '2024-02-19 03:44', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr30it1/', 'You’ll have to wait until he’s done', '1au933z']]], ['u/kynek99', 'Can we all buy $21 worth of Bitcoin on the halving day ~ April 20th ?', 567, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/', "Let's see what's going to happen if we all buy at the same time.", 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/', '1au9iyv', [['u/CryptoYuzu', 79, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2gf0g/', 'I’ll buy $2100 on the day of the halving.', '1au9iyv'], ['u/Ih82Bthisguybut', 30, '2024-02-19 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2khkt/', "I'm in for $5", '1au9iyv'], ['u/Keanu-Trees', 368, '2024-02-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2nh4v/', 'I will if you remind us.', '1au9iyv'], ['u/jaymeetee', 12, '2024-02-19 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2nrvk/', 'There’s about half a billion dollars worth of BTC being bought daily by the ETFs right now (net). That’s more than 21m $21 BTC purchases every day.', '1au9iyv'], ['u/ultra_annoymnuos', 12, '2024-02-19 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2od9u/', "On my clock it's the 17th of April. Not 20th", '1au9iyv'], ['u/StarGraz3r84', 241, '2024-02-19 02:23', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ovnk/', '$69 on 4/20', '1au9iyv'], ['u/1025scrap', 26, '2024-02-19 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2p25z/', 'Whoa Mr. Moneybags', '1au9iyv'], ['u/based_pinata', 11, '2024-02-19 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pfis/', 'You can lighten up a lil', '1au9iyv'], ['u/Own_Chapter9338', 14, '2024-02-19 02:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2piif/', 'if the halving is really on 420 i think we will hear from the master himself he will be so please. He will order da god candle.', '1au9iyv'], ['u/kynek99', 32, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pt3t/', 'deal!', '1au9iyv'], ['u/kynek99', 29, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pvrd/', 'Anything you have, just on the day on halving', '1au9iyv'], ['u/RecordedWave', 15, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pwqr/', 'How about 21,000 sats worth? 🙂', '1au9iyv'], ['u/bubumamajuju', 81, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2q1vm/', "I'll buy $21,000", '1au9iyv'], ['u/treeguy201', 49, '2024-02-19 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2q4rz/', 'I’ll buy 21 Bitcoin', '1au9iyv'], ['u/Natedawg316', 10, '2024-02-19 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2qzct/', 'You have my sword.', '1au9iyv'], ['u/YellowCore', 18, '2024-02-19 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2sdwb/', 'I’m going to remind you… Confirming $21K USD?', '1au9iyv'], ['u/Temper-King', 12, '2024-02-19 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2sdy8/', 'How about you do it now lol', '1au9iyv'], ['u/Slay_Nation', 94, '2024-02-19 02:51', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2swrg/', "Is this insider a trading? because I'm down.", '1au9iyv'], ['u/SatoshiBlockamoto', 24, '2024-02-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tgdy/', "Yeah but if I do it that's $500,000,021.", '1au9iyv'], ['u/Phoenox330', 11, '2024-02-19 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tv58/', "Let's make it real $690", '1au9iyv'], ['u/Praeteritus36', 11, '2024-02-19 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tz6w/', '$6,900', '1au9iyv'], ['u/FrontalLobeGang', 12, '2024-02-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2u3bk/', '$420.69', '1au9iyv'], ['u/FrontalLobeGang', 15, '2024-02-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2u5zp/', 'Holy whale alert 🚨', '1au9iyv'], ['u/Praeteritus36', 21, '2024-02-19 03:01', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ugc4/', 'This guy fucks!', '1au9iyv'], ['u/WarmMillerLite4-2', 19, '2024-02-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2uzrn/', 'Nice', '1au9iyv'], ['u/SpaceToadD', 27, '2024-02-19 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2xuuz/', 'If they can do it, we can do it!', '1au9iyv'], ['u/seanagibson', 10, '2024-02-19 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y4mz/', 'And my green dildo', '1au9iyv'], ['u/cosmoshistorian', 18, '2024-02-19 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y5qh/', 'same', '1au9iyv'], ['u/Real1ty_Tr1ppz', 12, '2024-02-19 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y88y/', 'Nice', '1au9iyv'], ['u/proof-of-conzept', 31, '2024-02-19 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ybdw/', 'too', '1au9iyv'], ['u/Chewgnome', 12, '2024-02-19 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2yspk/', 'Nice', '1au9iyv'], ['u/Wh4t_for', 19, '2024-02-19 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2z90y/', 'Put it in your calendar', '1au9iyv'], ['u/Mrgod2u82', 15, '2024-02-19 03:43', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr30e3t/', 'Oh, USD. Make it worth my time and buy $210k then', '1au9iyv'], ['u/Pugilist12', 16, '2024-02-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr31dpa/', 'Let’s be wildly liberal with an estimate and say you could get 10k people to do that. $210,000 USD. 4 BTC. It’s nothing. Not even a drop in an ocean.', '1au9iyv'], ['u/Only_Constant_8305', 24, '2024-02-19 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr36l0y/', 'no, since anyone can read this thread it can be considered public', '1au9iyv'], ['u/Traditional-Fan-9315', 31, '2024-02-19 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr3odbm/', 'This is the market manipulation I came here for.', '1au9iyv'], ['u/courtneyjohn797', 10, '2024-02-19 13:58', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4q28o/', 'That’s definitely a drop in an ocean big guy', '1au9iyv'], ['u/courtneyjohn797', 13, '2024-02-19 14:02', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4qgxj/', 'How many drops do you think are in an ocean?', '1au9iyv'], ['u/courtneyjohn797', 16, '2024-02-19 14:04', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4qppd/', 'Then maybe try drop in a bucket there pal because saying drop in an ocean just sounds stupid.', '1au9iyv'], ['u/Wiseguy888', 13, '2024-02-19 16:34', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr5ccp0/', 'I like the coin', '1au9iyv']]], ['u/Visual_Building_1666', 'What Percentage of your Portfolio is in Bitcoin? And what else do you have?', 32, '2024-02-19 01:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/', 'Trying to think of & figure out a winning formula for these next 14-18 months. I am thinking to invest/hold about: 1/6 FBTC; 1/2 split between CLSK, BITF, and MARA; and 1/3 ETHE in Roth IRAs. I think these top Bitcoin miners will likely be a "leveraged play" on the rising price of Bitcoin and make even bigger returns in this bull run to summer 2025. And I hope that Blackrock and others will keep up the pressure, so that spot Ethereum ETFs are approved this year, which would naturally boost up Ethereum\'s price.\n\nI\'m eager to hear what people think of this approach, and what percentage of Bitcoin and Bitcoin related stocks and coins you have in your portfolio to maximize gains these next 14-18 months. Thanks! And I\'m especially interested to hear from people who have been successful holding a mix of Bitcoin and Bitcoin miner stocks.', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/', '1au9kmj', [['u/Simke11', 10, '2024-02-19 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2hmuk/', '60% BTC, 33% ETH, and 7% a mix of alts that I started buying 3 months ago. All new projects launched during bear.\n\nL1s: SUI, SEI, APT, DYM\n\nDeFi: RDNT, MAV, JTO, JUP\n\nInteroperability: AXL, NTRN, SYN, PYTH\n\nPlan is to increase alt portion of the portfolio to 10-15%.', '1au9kmj'], ['u/Sion0x', 14, '2024-02-19 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2hvvz/', '50% BTC, 25% ETH, 25% alts', '1au9kmj'], ['u/whatsuppaa', 14, '2024-02-19 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2ii7p/', '25% BTC 25% ETH 25% SOL 15% LINK 10% Microstrategy stock.', '1au9kmj'], ['u/Junglebook3', 12, '2024-02-19 01:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2j19r/', '30% BTC 70% ETH', '1au9kmj'], ['u/kd10023', 18, '2024-02-19 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2jio4/', 'Portfolio is $15k> so i’m going 75% alts. Either gonn lose half or go 5x. I like those odds', '1au9kmj'], ['u/Kesonac', 10, '2024-02-19 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2o6z7/', "Same brother, only difference is that I'm 100% alts lmao", '1au9kmj']]], ['u/Stew-Cee23', 'How do we claim this fiasco on our taxes', 49, '2024-02-19 01:27', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/', 'I never claimed a loss from Celsius on my taxes because I needed to see how the distribution would play out (I already paid taxes on the interest from previous years).\n\nHow do we even do cost basis on the coins we originally owned when they converted everything to BTC/ETH and gave us that instead? Do we just do an aggregate?', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/', '1au9pk2', [['u/Redsox3399', 13, '2024-02-19 01:31', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2h806/', 'The fact that they won’t provide any tax info is also so helpful! It seems like we need expert CPA to sort this mess out.', '1au9pk2'], ['u/fuzzytradr', 14, '2024-02-19 01:55', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2kric/', 'At the very least, download your transaction history from the app before they shut it off this month.', '1au9pk2'], ['u/cantrunfromthepuns', 18, '2024-02-19 01:59', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2lci9/', 'I think since payout is in 2024, it would apply for next year’s taxes.', '1au9pk2'], ['u/O1O1O1O', 13, '2024-02-19 02:02', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2lolo/', "I gave them x BTC and y ETH and a bunch of alts. They gave me back 0.2 x BTC and 0.6 y ETH so I'll call the rest sold for $0 and deduct the gain on Ionic when it becomes table on NASDAQ. I think I'll have a massive loss to deduct for years to come.", '1au9pk2'], ['u/Only-Crew8299', 11, '2024-02-19 02:44', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2rxts/', "I'm not an accountant or tax lawyer, but here's what I'm doing:\n\nSay I had 1 BTC and 10,000 ADA, and I got back 0.18 BTC, 2.68 ETH, and 189 shares of Ionic Digital Class A common stock.\n\n• I lost 0.82 BTC (1 – 0.18). I multiply that by my cost basis, and claim a long-term capital loss. (Getting 0.18 BTC returned to me in kind is not a taxable event.)\n\n• I lost 10,000 ADA. I multiply that by my cost basis, and claim a long-term capital loss.\n\n• I received income of 2.68 ETH x $2,577.4752. I report that as income in 2024. When I sell that ETH in 2025, I use that price as my cost basis to determine my capital gain.\n\n• I received income of 189 shares of Ionic Digital x $20/share. I report that as income in 2024. When I sell those shares in 2025, I use that price as my cost basis to determine my capital gain.\n\nThis all seems clear and straightforward to me. If the IRS wants to challenge this approach, I'll deal with it when they do.", '1au9pk2'], ['u/ThunderPantsGo', 10, '2024-02-19 06:58', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr3oex3/', "It's worth noting that, per the Aaron Bennet video, you can only claim a Ponzi loss if you itemize your tax filings. If you take the standard deduction, you don't qualify for the Ponzi loss claim. Those of us who take the standard deduction in our taxes, don't have anything to claim in the 2023 tax filings and must wait until 2024's filing to record a loss (or gain if you're lucky enough based on your crypto cost basis).", '1au9pk2']]], ['u/IRedditDoU', 'I setup a daily $15 purchase of BTC on coinbase, something is amiss. Maybe y’all can help me understand.', 488, '2024-02-19 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/', '\nI swear they somehow are only buying at the highest price. Am I crazy? Every purchase has been at different times each day. Some as soon as 9 hours apart, 7pm and 4am, and others as much as 20 hours apart. But, in 5 days, no purchases have happened when BTC is at its lowest cost, almost every time at its highest. Are they maybe trying to mimic by BTC amount purchases when I setup the recurring buy? I am at a loss. I’d prefer to keep the convenience of the auto buy, but also I’m wondering if I should just start buying the same amount when I feel like it each day. Does anyone have any insight or similar experience?', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/', '1au9usg', [['u/MyNi_Redux', 229, '2024-02-19 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2i9gu/', 'COIN arbing on its own customers?\n\nNo way! 😏', '1au9usg'], ['u/noonewonone', 1872, '2024-02-19 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2iv51/', 'They’re not buying BTC for you, they’re selling their BTC to you at an optimal price.', '1au9usg'], ['u/DeathMoJo', 57, '2024-02-19 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2ja54/', 'I use Kraken for my auto-buys, you can set a time with them and it purchases pretty much with a few seconds of that time every time. I been on a twice a month buy for a couple years with them.', '1au9usg'], ['u/CryingRipperTear', 209, '2024-02-19 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2jh1b/', "you're not crazy, coinbase does this on purpose to make more money.\n\nuse kraken instead", '1au9usg'], ['u/discussionandrespect', 85, '2024-02-19 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2manq/', 'Use advanced trading instead and buy on red days', '1au9usg'], ['u/ecrane2018', 50, '2024-02-19 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2mqui/', 'It’s how most free trading platforms work unless you are doing limit buys and sells.', '1au9usg'], ['u/TheGDC33', 16, '2024-02-19 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2mudj/', 'Coinbase Pro does not exist anymore. Advanced Trade is the way to get the lower fees now', '1au9usg'], ['u/vinsanity_07', 32, '2024-02-19 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2n1wm/', "You are just doing a market order buy , they are selling you it higher than it is, that is their spread and that's how they make their money", '1au9usg'], ['u/Podsly', 14, '2024-02-19 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2o922/', 'Coinbase are buying low and selling to you high', '1au9usg'], ['u/BigPlayCrypto', 13, '2024-02-19 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2q0m0/', 'I got a friend that says he uses Kraken I gotta check it out', '1au9usg'], ['u/conlius', 22, '2024-02-19 02:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2qzqt/', 'They aren’t free though, are they? I thought they ate a 1% fee or something on auto purchase.', '1au9usg'], ['u/idk98523', 12, '2024-02-19 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2r5rt/', "Make the same daily deposit but keep it in cash on the platform. Once a week during a red day make your purchase manually. Don't let someone else spend your money for you at their convenience.....", '1au9usg'], ['u/throwaway92715', 47, '2024-02-19 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2ryws/', 'Seriously just take the 30 seconds and do your own DCAing', '1au9usg'], ['u/Da_Notorious_HAM', 398, '2024-02-19 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2tzaa/', 'This is the correct answer', '1au9usg'], ['u/DeathMoJo', 10, '2024-02-19 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2udgo/', "What I love is the amount of security options available. Multiple 2 factor authentications and levels of security might seem annoying but not when I think how many exchanges have issues. \n\nThe level of transparency, support and social media presence makes it easier to want to support them.\n\nAny technical issues I have had, support has been quick to respond. \n\nNever issues with funding or transferring crypto. I like their analysis products as well. I'm not a heavy trader but nice to read how the industry is doing.", '1au9usg'], ['u/IRedditDoU', 11, '2024-02-19 03:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2vufe/', 'No, they’re not. I use coinbase one and my fees saved far out pace my costs. However, this has nothing to do with that. I just noticed a pattern of inconsistency with the way coinbase makes my automated purchases and thought I’d bring it to light. I’ll go back to manual now, as this 5 day experience has been bullshit.', '1au9usg'], ['u/Honest_Path_5356', 49, '2024-02-19 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2widx/', 'He could literally just use advance trade instead and buy $15 everyday.', '1au9usg'], ['u/IRedditDoU', 12, '2024-02-19 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2wk20/', 'I understand. I don’t pay fees, I pay a monthly subscription for coinbase one and typically use advanced trading. This was just an experiment I wanted to try in order to make my life easier and my purchases more thoughtless. 99% of my crypto purchases have been manual. I’ve been at this 10 years. I just got too excited at the thought of making it mindless.', '1au9usg'], ['u/IRedditDoU', 23, '2024-02-19 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2xeum/', 'I have coinbase one and use advanced trade. Depending on your volume, they both cost more than they “should”', '1au9usg'], ['u/IRedditDoU', 226, '2024-02-19 03:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2zru6/', '🔥 makes way more sense. Back to limit purchases. I was just trying to have a mindless way to buy daily and also take advantage of coinbase one without having to keep setting limits over and over.', '1au9usg'], ['u/bingbingMMapple', 23, '2024-02-19 04:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33boe/', 'If your time preference is low enough it doesn’t matter what price you buy in at. I’m using your exact method, coinbase one, daily auto buys. \n\nMy conviction is strong enough to the point where I consider sub 100k BTC a discount.', '1au9usg'], ['u/IRedditDoU', 29, '2024-02-19 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33ssz/', 'I just commented something similar to a different person who replied. I said something along the lines of “you’re gonna wake up one day and be like $52k was a discount “', '1au9usg'], ['u/calmtigers', 34, '2024-02-19 04:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33xr5/', 'TBH this should be a new article. Coinbase loves to tout that they’re the pillar of ethics in the crypto scene', '1au9usg'], ['u/RotoHack', 30, '2024-02-19 04:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3ae3u/', "lol this can't be serious. If coinbase actually does this then shame on them. And shame on anyone who is smart enough to know they are being taken for a ride and allowing it to happen.\n\nTo answer your question YES it matters. Why wouldn't you want 2% more BTC? Low time preference has nothing to do with this it's just being lazy/dumb", '1au9usg'], ['u/theslimbox', 17, '2024-02-19 05:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3cs6x/', 'Sounds like coinbase. I used to always do limit orders, but one day in a rush, I placed a market order on a shitcoin. I placed the amount I wanted to buy, and clicked the button, and wham, I get that many coins for 10x current market price. I tired to open a case with coinbase, but they just said I hit buy at a time when that was the only price available, but there were multiple trades around mine for close to market price, but my trade which should have been a $450 purchase(instead $4500) was in-between a bunch of $10-$50 purchases. Sadly that was almost of my 2021 gains that I was going to transfer to my bank...', '1au9usg'], ['u/RotoHack', 15, '2024-02-19 05:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3e2vd/', 'Run the math on how much compounding value you would lose over decades. A few % may not seem like much, but over decades its gonna add up to alot of corn.', '1au9usg'], ['u/Zeffy', 18, '2024-02-19 05:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3e3jt/', 'The transaction never hits the market. They just credit your account that the transaction happened at the market high.', '1au9usg'], ['u/sogladatwork', 11, '2024-02-19 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3g17i/', 'Right. But surely they have to time it to the market to get away with that, no?', '1au9usg'], ['u/houganger', 95, '2024-02-19 07:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3oyb6/', 'Now keep your previous setup and whenever you see that coinbase is doing a purchase for you, sell 10x the amount back.', '1au9usg'], ['u/harkt3hshark', 10, '2024-02-19 07:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3ozi5/', 'Hmm, even on the long run, every percent even counts more.', '1au9usg'], ['u/MilanCC', 62, '2024-02-19 07:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3u2yb/', 'Interesting idea. Because if you could sell all daily tops and set a rebuy lower you could make a nice profit.', '1au9usg'], ['u/ListenToKyuss', 249, '2024-02-19 07:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3u77p/', 'This guy just invented daytrading', '1au9usg'], ['u/MilanCC', 10, '2024-02-19 08:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3urft/', 'If that is actually what they do that that’s fraud. They would not be that stupid. Likely they execute all daily scheduled trades at the same time and this moves the market.', '1au9usg'], ['u/papertrail369', 38, '2024-02-19 08:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3vtti/', 'Lmao bro is on to something 😂', '1au9usg'], ['u/rootpl', 38, '2024-02-19 08:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3wiae/', '>This guy just invented daytrading\n\n🤯', '1au9usg'], ['u/Appropriate_Yak_4438', 33, '2024-02-19 09:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr41314/', 'The thing is coinbase does not need to guess the top, they just need to update your account once a day, they can update your account at 23:59 every day and tell you they bought the top exactly. Might be pretty obvious but they don\'t have to do the whole day, just a 6h span "for their system to do its thing" is plenty sufficient to make a buck extra on you.', '1au9usg'], ['u/ZiraDev', 41, '2024-02-19 09:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr43hoh/', 'oh yeah, BTC was 47669 at 6PM? Well unfortunately we bought it for you at 47990 some hours later.\n\nDo it with millions of customers and suddenly your infinitely small spread turns into a huge profit every day.', '1au9usg'], ['u/Appropriate_Yak_4438', 13, '2024-02-19 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr44d6u/', "Not really they are probably forced to do something like that, they can't do every single purchase at the same millisecond and the same price, and if half of their customers got their purchase cheaper it would probably be an even worse outcome.\n\nAlso thats what banks have been doing for hundreds of years, there are sure a couple loop holes in the laws. Think it's a coincidence every time you buy something the money is drawn instantly but when you make a refund it takes 3-5 working days?", '1au9usg']]], ['u/Far_Breakfast_5808', "If there's one thing I have learned about many (not necessarily all) crypto proponents, it's that they tend to be very self-centered and lack empathy", 54, '2024-02-19 02:39', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/', 'Take for example in cases where people lost their crypto/BTC. It could be due to scams, due to misspellings, due to losing their keys, etc. It doesn\'t matter. Whatever the case, it\'s always the person\'s fault. It is never Bitcoin\'s fault, or the system\'s, or even the structure. When people lose their money, all they can say is "SOL" without giving advice or even sympathy.\n\nFiat\'s financial system isn\'t perfect and it has several issues. But at least it has safeguards to prevent or at least mitigate the kinds of scams or losing money the way crypto does. For crypto proponents, things like non-reversibility are not issues but features, features they support. Sure they may cite that it helps prevent chargeback scams, but really, are they really more of an issue than customers/victims being defrauded?\n\nSo really, why does it seem that most of these crypto proponents and BTC fans lack empathy and/or are self-centered? Is it a libertarian thing in general, or is it a crypto-specific issue? I don\'t even think it\'s just about the get-rich crypto proponents because even the "in for the tech" and "we use it to get around the government" pro-crypto people have the same attitudes.', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/', '1aub8c0', [['u/StatisticalMan', 15, '2024-02-19 03:06', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2v1ln/', "It can't be anything but irreversible, dog eat dog, you are completely responsible, zero recourse/recovery. Building that in would be impossible. So good or bad Bitcoin transactions will never be irreversible. Not today, not tomorrow, not 200 years from now. Reversibility requires a human, a central authority and the ability to reverse any transaction so it is never going to happen.\n\nSo if it can't happen then it must be a feature right?", '1aub8c0'], ['u/spraypaintthewalls', 20, '2024-02-19 03:20', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2x1vy/', 'A libertarian with empathy is about as rare as a grizzly bear with table manners.', '1aub8c0'], ['u/4esthetics', 16, '2024-02-19 03:22', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2xfw7/', 'Crypto inherently attracts this kind of person. It takes a combination of narcissism and main character syndrome to keep you into it. Think of a doomsday prepper mentality but with money. They had the foresight to get in on the ground floor of a “project” because they’re super smart and special. And this will be rewarded with massive wealth. Therefore, everyone else is an idiot for not getting into it sooner. That’s literally the mentality you’re starting with. So, anyone who gets scammed, loses their keys or loses all their crypto to an exchange, falls into the same category of “no-coiner” rube. That person didn’t do their due-diligence or pay attention to what they’re doing, so it’s their fault. They deserve no sympathy. They didn’t have what it takes to “make it.” And any sympathy will encourage safe-guards. And those can only be guaranteed through centralization. Which is antithetical to the entire ecosystem.'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Ethereumis experiencing a bullish run, climbing nearly 4% in a single day and boasting a 28% increase since the start of February. Analysts predict this upward trend could continue, driven by a confluence of positive factors, such as the highly anticipated Dencun upgrade. Scheduled for release within a month, this upgrade will introduce "proto-danksharding," a technology that reduces data availability costs and paves the way for faster and cheaper transactions.\nAdding to the excitement is the growing speculation that the US Securities and Exchange Commission (SEC) might finally approve a spot Ethereum ETF this year. The recent green light for several Bitcoin ETFs has fueled hope that Ethereum will follow suit, potentially attracting significant investments and boosting the token\'s price.\nFurther bolstering the bullish sentiment is the increasing confidence among traders, evident in the rising open interest in Ethereum futures and options contracts. CryptoQuant, a leading on-chain analytics platform, highlights this trend but cautions against complacency, emphasizing the potential for sudden sell-offs.\nTrading volume, a crucial indicator of market participation, is also picking up, although it hasn\'t quite reached the levels seen during the November 2021 bull run. Notably, major Bitcoin news, like the recent ETF approval, has triggered surges in Ethereum trading volume, suggesting its sensitivity to broader market developments.', 'ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global (COIN) for roughly $90 million last Friday. This move comes despite positive analyst sentiment following Coinbase\'s stronger-than-expected fourth-quarter results.\nARK, one of Coinbase\'s largest institutional backers, shed shares across its various exchange-traded funds (ETFs): 397,924 from ARKK, 45,433 from ARKW, and 55,792 from ARKF. This brings the total number of shares sold to 499,149.\nThis decision appears to contradict the bullish outlook from several analysts following Coinbase\'s earnings report. The stock surged nearly 27% last week, fueled by upbeat financial results. KBW upgraded the stock to "market perform" and raised its price target, while analysts at Wedbush, Canaccord Genuity, and JMP Securities also adjusted their targets upwards.\nHowever, not all analysts shared the optimism. JPMorgan criticized Coinbase for its lack of transparency regarding the impact of spot Bitcoin ETFs on its business. Whether ARK\'s move signals a broader concern about Coinbase or simply portfolio rebalancing remains to be seen.', "Hong Kong's crypto market is experiencing a surge of interest from established financial institutions, eager to capitalize on the booming demand for digital assets. Less than a year after regulatory approval for crypto exchanges, traditional brokerages like Tiger Brokers and Victory Securities are aggressively pursuing licenses to offer crypto trading services.\nTiger Brokers has already upgraded its Hong Kong license to include crypto trading for professional investors and institutions. Retail investors will soon be able to join the platform once the Securities and Futures Commission (SFC) grants approval. The firm plans to offer Bitcoin and Ethereum alongside traditional assets like stocks and options, with plans to explore altcoin listings subject to regulatory greenlight. Tiger Brokers views crypto as a natural business extension, citing synergy with its existing fintech expertise.\nVictory Securities isn't far behind, having secured a retail crypto trading license in November 2023. They've already witnessed significant growth in virtual asset transactions and new customers, prompting them to launch trading discounts to attract even more.\nPartnerships are also accelerating the crypto integration. Licensed crypto exchange OSL joined forces with Interactive Brokers to offer Bitcoin and Ethereum trading to retail investors through Interactive Brokers' platform. Additionally, Bybit, another crypto exchange, has submitted a retail trading license application, aiming to join the market.\nHowever, obtaining a license comes at a cost. Web3 firms seeking licenses need to invest up to $25 million in infrastructure and compliance, highlighting the commitment required to navigate the regulatory landscape.", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "The roller coaster continues forCoinbase(NASDAQ: COIN). After its shares tanked 86% in 2022, they skyrocketed 391% last year. And the business just reported fourth-quarter 2023 results that were incredibly well-received by the market, sending its shares even higher in 2024.\nDespite its remarkable comeback, thistop crypto stockremains 46% off its all-time high (as of Feb. 16). Does this mean it's a good idea to buy the dip?\nRisinginterest ratesand macro uncertainty in 2022 crushed the cryptocurrency market, which lost about two-thirds of its value that year. But 2023 was a bounce-back period, as the industry gained about $800 billion in value, good for a doubling. The momentum has continued into 2024. Perhaps the so-called crypto winter has changed seasons to become crypto summer.\nThis favorable backdrop benefits Coinbase, a leading brokerage and exchange operator. It reported net revenue of $905 million in the last quarter, up 50% year over year. This was driven by consumer trading volume that jumped 164% quarter over quarter.\nBecause 59% of Coinbase's sales still come from trading fees, it's not a surprise the company would perform extremely well when crypto asset prices are soaring. Interest in digital tokens from both individual and institutional investors is high right now, and Coinbase is a popular platform for gaining exposure.\nThe business has focused relentlessly on cutting costs, a similar strategy that many other tech enterprises have undertaken, particularly following the bloat that might have been created during the pandemic boom. But even with a drive for efficiency, I think investors were surprised when Coinbase reported positive net income in Q4 2023 of $273 million. This is a huge reversal from the net loss of $557 million in Q4 2022. A huge one-time tax benefit helped here.\nDespite the impressive results, Coinbase is still heavily dependent on the excitement surrounding crypto assets. I'm confident the market will experience ongoing boom-and-bust periods, which will directly affect the company's financial performance.\nTo its credit, the executive team has been prioritizing subscription and services, which raked in $375.4 million of revenue last quarter (up 33% year over year), representing 44% of total net revenue. This segment consists of custodial fees, an area that could get a boost since Coinbase is a custodian for many of theBitcoinspotexchange-traded funds. There's alsostakingrevenue from allowing its users to lock up their tokens on various blockchain networks.\nBut the biggest contributor to subscription and services is interest income. It accounted for 57% of the segment's total in Q4 2023, a figure that stems from the company's activities with theUSDC stablecoinand customer funds. While this lessens Coinbase's dependence on the movement of crypto prices, it does make the business reliant on higher interest rates. If the Federal Reserve reverses course and cuts rates, this huge revenue generator could dry up for Coinbase.\nConsequently, it's reasonable to assume that the company's financial results will continue to be volatile going forward from period to period. Management is trying to transition the cryptocurrency industry from one characterized by excessive financial speculation to one driven by greater utility. I think we are still in the former situation.\nThat doesn't mean the stock should be ignored. Only investors who believe in the long-term success and viability of the crypto market should add this business to their portfolios. Should the industry become a much larger part of the overall economy a decade from now, it's hard to envision a scenario where Coinbase isn't a winner.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nDown 46% From Its All-Time High, Is It Time to Buy Coinbase Stock?was originally published by The Motley Fool", "• Bitcoin order books are the most liquid since October, the 2% market depth indicates.\n• U.S.-based exchanges are leading the uptick in the global order book liquidity.\nAspredicted in December, the U.S.-based spot bitcoin {{BTC}} exchange-traded funds (ETFs) approved in January are impacting not only the cryptocurrency's price, but also order book liquidity, or the ability to trade at stable prices.\nThese effects are increasingly evident a month after the nearly a dozen ETFs began trading.\nEarly Tuesday, bitcoin's 2% market depth across 33 centralized exchanges, or the combined value of buy and sell orders within 2% of the market price, rose to $539 million. That's the highest since October and a roughly 30% increase since the spot ETFs hit the market on Jan. 11, according to data tracked by Paris-based Kaiko.\nThe greater the market depth or liquidity, the easier it is to buy and sell large quantities without affecting prices, and the lesser the slippage, the difference between the prices at which trades are quoted and executed.\nU.S.-based exchanges have led the rise in the global bitcoin market depth, according to Kaiko.\nThe share of the U.S.-based exchanges in the global 2% market depth has increased to 48% from 14.3% since spot ETF expectations gripped the market in October.\nWhile the market depth has improved, it remains well below the levels in excess of $800 millionobserved beforethe collapse of Sam Bankman-Fried's crypto exchange FTX and its sister concern, Alameda Research, in November 2022.", "• Bitcoin order books are the most liquid since October, the 2% market depth indicates.\n• U.S.-based exchanges are leading the uptick in the global order book liquidity.\nAspredicted in December, the U.S.-based spot bitcoin {{BTC}} exchange-traded funds (ETFs) approved in January are impacting not only the cryptocurrency's price, but also order book liquidity, or the ability to trade at stable prices.\nThese effects are increasingly evident a month after the nearly a dozen ETFs began trading.\nEarly Tuesday, bitcoin's 2% market depth across 33 centralized exchanges, or the combined value of buy and sell orders within 2% of the market price, rose to $539 million. That's the highest since October and a roughly 30% increase since the spot ETFs hit the market on Jan. 11, according to data tracked by Paris-based Kaiko.\nThe greater the market depth or liquidity, the easier it is to buy and sell large quantities without affecting prices, and the lesser the slippage, the difference between the prices at which trades are quoted and executed.\nU.S.-based exchanges have led the rise in the global bitcoin market depth, according to Kaiko.\nThe share of the U.S.-based exchanges in the global 2% market depth has increased to 48% from 14.3% since spot ETF expectations gripped the market in October.\nWhile the market depth has improved, it remains well below the levels in excess of $800 millionobserved beforethe collapse of Sam Bankman-Fried's crypto exchange FTX and its sister concern, Alameda Research, in November 2022.", 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) - Bitcoin is riding high.\nThe world\'s largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since its record heyday of late 2021.\nIts resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko.\nThe sector has been bolstered by the U.S. regulatory approval of several spot bitcoin exchange-traded funds (ETFs), from BlackRock and Fidelity among others, which allow access to the crypto coin vis regular stock exchanges.\nThe U.S. spot ETFs added 60,000 bitcoin in the first month of their launch, more than twice the miner production in the same period, brokerage Bernstein said.\n"The amount of flows far outstrips anyone\'s expectation," said Mark Connors, head of research at Canada\'s 3iQ Corp.\nCrypto trading volumes are also robust.\nTotal spot trading volumes on centralized exchanges rose 4.4% to $1.4 trillion in January, recording the fourth consecutive monthly increase and the highest reading since June 2022, a report by London-based researcher CCData said.\nThe resurgence of interest helped the largest listed crypto exchange Coinbase Global post its first quarterly profit in two years last week .\n"The bitcoin appreciation is contributing to better spot bitcoin ETF flows, which is in turn driving bitcoin prices higher, and pulling other tokens higher as well," J.P.Morgan analysts said.\n$150,000 BITCOIN IN 2025?\nMany industry watchers say the outlook is looking bright at the moment, with investors buying bitcoin ahead of the blockchain\'s "halving" - a preplanned process that reduces mining rewards in half every four years - due in April.\nGautam Chhugani, analyst at Bernstein, expects 2024 to be a break-out year for cryptocurrencies where bitcoin hits all-time highs followed by a peak of $150,000 by mid-2025.\n"This optimistic outlook is bolstered by the expectation of an upcoming halving event and the possibility of interest-rate reductions," CCData analysts said.\nWhile bitcoin remain 32% away from its record high of $69,000, it notched an all-time high against the Japanese yen at 7,919,000 yen last week.\nBEWARE GREEDY CORRECTION\nIt\'s not all crypto high-fives: There are some signs the market is being led by investors driven by FOMO.\nCoinGlass\' Crypto Fear & Greed Index, a scale of 0 to 100 where zero denotes "extreme fear" and 100 signals "extreme greed", hovered at 72. Usually when investors get too greedy, it signals the market is due for a correction.\nRiskier assets such as bitcoin could be threatened by persistently high interest rates; traders\' have pushed back bets of a rate cut to June from March following a string of strong U.S. economic data.\n"While we remain bullish with liquidity rushing back into risk assets, inflation being sticky over 3% remains a downside risk and would also mean increased volatility across markets," analysts at crypto trading firm QCP Markets said.\n(This story has been refiled to add a dropped word in paragraph 15)\n(Reporting by Medha Singh and Lisa Pauline Mattackal in Bengaluru; Editing by Pravin Char)', "Chicago, IL – February 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN.\nBitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens.\nWith the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy.\nThe launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms.\nIn a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors.\nARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment.\nThe anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors.\nCleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024.\nCLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.\nNvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025.\nNvidia has a Zacks Rank #2 and a Growth Score of A at present.\nAdvanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year.\nAMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold).\nMarathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year.\nMarathon Digital has a Zacks Rank #3 and a Momentum Score of B at present.\nIris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year.\nIris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance\xa0for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nMarathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nIris Energy Limited (IREN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", 'Ethereumsmart contractdevelopers come together to release DN-404, a newtoken standardseeking to improve on the implementation of the recently hyped ERC-404 tokens. In the same week,StarkNetannounced theirairdrop, which has left a bitter taste in many users’ mouths after a minimumwalletbalance criteria excludes many users who had their funds deposited in applications on the chain.\nTotal Value Locked(TVL) across all chains blast even higher as cryptocurrency majors show no sign of slowing down their ascent, led byBTC’s move through the 50K mark. Notable outperformers includeCosmos-based,Sei, and BitcoinL2,Stacks, which both saw jumps in TVL of over 75% this week.\nSource: https://coinmarketcap.com/chain-ranking/\nDeFi Ignas shares on patterns in speculation and how one might speculate onnarrativesbrewing in the space.\nTL;DR:\n• Speculation on narrative often comes in waves.\n• Speculation built around innovative narratives have a much higher chance of a second wave of speculation, compared tomemecoinswhich often die out permanently\n• For new narratives, the first wave often comes from excitement around the new, shiny thing. The second wave comes with new catalysts such as a new token standard or investment from a reputable firm.\nSmart contract engineers in the Ethereum space come together to release DN-404, the “DivisibleNFT” standard, their own iteration of the hybridERC-20andERC-721token standard that was popularized the week prior by ERC-404 tokens.\nWhite hat hacker, samczsun and various members of the crypto security community come together to reveal the Security Alliance (SEAL). SEAL is designed to help protocols who have just beenexploitedas well as conduct drills to prepare protocols for potential exploits.\nOther Product Launches and Updates\n• Stablecoinprotocol,Liquity Protocol, unveils their new collateralized debt position (CDP) model, with improvements such as user-set interest rates for a customized borrowing experience, adaptive rates, improvedpegdynamics and better redemption protection among other features.\n• ETHliquid staking token(LST) stablecoin protocol,Prisma Finance, introduces ULTRA, a new stablecoin backed by liquid restaking tokens, beginning with EtherFi’swrapped eETH(weETH).\n• CoW DAO, the team behindmaximal extractable value(MEV) protecteddecentralized exchange(DEX),CoWSwap,introduces CoW AMM, anautomated market maker(AMM) model that optimizes forliquidity providersby capturing MEV profits that are traditionally lost toarbitrageursfor liquidity providers instead.\nApeCoinDAO, adecentralized autonomous organization(DAO) driving developments in the Yuga Labs ecosystem, has decided to develop the upcoming ApeChain on theArbitrumOrbit tech stack, using the APE token forgasandgovernancefor the new chain.\nOther Product Launches and Updates\n• Ethereum-based vault protocol,Sommelier Finance, expands to Arbitrum, bringing their most popular product, Real-Yield ETH, to the L2 chain leveraginginteroperabilitylayer,Axelar Network.\n• PerpetualsorderbookDEX,Vertex, unveils Vertex Edge, an expansion to theVertexsequencer to unify liquidity across multiple chains in an innovative orderbook liquidity layer.\n• On-rampsolution,ZKP2P, goes live on Coinbase L2, Base, enabling on-ramp of funds within 90 seconds, without the need for a wallet beforehand or ETH for gas.\n• Optionsprotocol,Lyra, proposes to migrate Lyra governance to their recently launched L2, Lyra Chain. The proposal also includes plans for a buyback andburnmechanism to reward active governance participants on the chain.\n• Multi-chainDEX,SushiSwap, introduces Susa, a powerful perpetuals DEX to be deployed on novel L2, Layer N. Susa takes the perpetuals DEX experience one step further with fullyon-chainorder books, superior capital efficiency and more, while remaining fullypermissionless.\nReal-estate perpetuals platform, Parcl, launches V3, which separates the maturity of deposits on the platform as well as provide an improved UI to depositors. Existing liquidity providers must migrate their existing position to continue earning points.\nPerpetuals DEX, Zeta Markets, launched their application on mobile, with traders on mobile earning double the Z-score up till 18th February.\nSolana-based wallet and exchange, Backpack, announces that Backpack Exchange trading volume will be a key factor in determining users’ Backpack Rank. This rank is expected to eventually convert to points which will affect a potential future Backpack token airdrop.\nCosmos-based chain, Sei, launches the Sei V2 Devnet. Sei V2 brings to the chain the parallelizedEthereum Virtual Machine, enabling compatibility with Ethereum and significantly increasedthroughput. Developers can now begin building on the Devnet.\nCelestialiquid stakingsolution, MilkyWay, announces mPoints, a point system to reward users who staked their TIA tokens with them. These points will directly impact the MILK token airdrop, which will occur in H1 2024.\nZero-knowledge rollup, StarkNet, announces the airdrop for the STRK token. Users can now check for eligible wallets on their site, with claims opening on 20 February 12pm UTC. Eligible users include StarkNet users, users of StarkEx projects, Ethereumstakersleading upthe Mergeand Ethereum developers.\nThe secondsnapshotwill be taken of the Solana Mobile Chapter 2 leaderboard on 21 February at 7PM UTC. The top 1500 users on the leaderboard will receive a special non-transferrable NFT to their registered wallet. Buyer who ordered their phone after the first snapshot will also receive their Chapter 2 Preorder Token in their wallets after this snapshot.\nAs markets heat up, CrytoCred reminds us never to use portfolioall-time-highsas a goal or anchor as most people never sell the top or flipbearishat the right time.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'Cryptocurrency tokenShiba Inu(CRYPTO: SHIB)delivered a return of more than 43,000,000% in 2021. It was one of the greatest gains in the history of financial markets, and it would have been enough to turn a perfectly timed investment of $3 into more than $1 million.\nBut the token has since plummeted 89% from its all-time high. A couple of things have contributed to the weakness: Shiba Inu has failed to gain traction as a payment mechanism, and investor sentiment toward speculative cryptocurrencies deteriorated starting in 2022.\nHowever, the tide appears to be turning for the better in the crypto industry.Bitcoinis up 23% in 2024 already, and the total value of all crypto in existence has reached $2 trillion for the first time in almost two years.\nSo can Shiba Inu ride the bullish wave to deliver more gains? Theoretically, it could soar from its current price of $0.0000098 all the way to $1 -- but it might not lead to life-changing fortunes for investors. Here\'s why.\nCryptocurrency fever peaked in 2021 when the total value of all tokens hit nearly $3 trillion. But it all fell apart in 2022 when some of the most prominent crypto experiments imploded.\nTheTerraUSDstablecoinde-pegged, wiping out an estimated $60 billion in value for investors in the process. Then one of the world\'s leading crypto exchanges, FTX, collapsed in a mess of fraud and deception that led to the conviction of its founder. By the end of 2022, the crypto industry was worth a mere $830 billion.\nA modest recovery started in 2023, butsoaring interest ratescapped investors\' appetite for risk. Nevertheless, leading coins like Bitcoin andEthereumcarried some positive momentum into 2024, and they are slowly trending toward their all-time highs.\nThe speculative end of the market -- where Shiba Inu lives -- remains subdued. Meme-tokens delivered losses so steep over the past couple of years that investors are still hesitant to buy. Unfortunately, Shiba Inu isn\'t giving them much reason for optimism; it hasn\'t generated any traction as a payment mechanism, and a mere 917 merchants around the world accept it in exchange for goods and services.\nIf speculative investors aren\'t convinced Shiba Inu will move higher, and consumers aren\'t adopting it, it will be hard to create or sustain any value over the long term.\nInvestors might finally be wising up to the main problem plaguing Shiba Inu: There are 589.3 trillion tokens in circulation, which is why it trades at a somewhat unconventional price point of $0.0000098. Even though it\'s lightyears away from trading at one cent ($0.01), let alone $1, the total value of all 589.3 trillion tokens at the current price is $5.8 billion.\nSimple math dictates that if Shiba Inu did rise to $1, it would give the ecosystem a market capitalization of a whopping $589.3 trillion. For context:\n• Microsoftis the largest company in the world, and it\'s valued at just $3 trillion.\n• U.S. gross domestic product (GDP) in 2023 was $27.9 trillion.\n• Global wealth -- all of the cash and assets held by households, corporations, and governments all over the world -- stood at $454 trillion in 2022.\nSo at $1 per token, Shiba Inu would be worth more than the total value of all of the recorded wealth on Earth. In other words, $1 is a pipe dream for investors in the current circumstances.\nHowever, the Shiba Inu community is currently "burning" tokens, which means removing them from the supply forever. The easiest way to participate is to send tokens to a dead wallet where they can never be retrieved. But enthusiasts have also created platforms like the Shiba Search internet search engine, which uses advertising revenue to buy Shiba Inu tokens to burn them. Similarly, there is also a music playlist people can stream that uses the royalties for the same purpose.\nTheoretically, burning enough tokens will push Shiba Inu to $1 organically -- as supply shrinks, the price per token has to rise in order to maintain a constant market capitalization.\nBased on Shiba Inu\'s current market cap of $5.8 billion, supply would have to fall to 5.8 billion tokens to organically lift the price per token to $1. In other words, roughly 99.99998% of the 589.3 trillion tokens now in supply would have to be burned.\nAbout 353 million Shiba Inu tokens have been burned during the past month. That translates to 4.2 billion tokens over the course of one year. At that pace, it would take 140,300 years to burn enough tokens to warrant a price of $1 -- so 2024 isprobablyoff the table.\nHere\'s the kicker. It wouldn\'t even result in a profit for investors. In order to burn that many tokens, practically every person holding Shiba Inu tokens would have to participate. By the end, they would be holding 99.99998% fewer tokens, and even though the tokens that remain are worth $1 each, the total value of their position won\'t have changed.\nOvercoming Shiba Inu\'s supply problem is a gargantuan task, and it won\'t mean much in the end. The only way to drive the token\'s actual value higher is to give investors and consumers a genuine reason to own it, and that doesn\'t appear to be happening.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCan Shiba Inu Reach $1 in 2024? Consider This $589 Trillion Problemwas originally published by The Motley Fool', '• The long-put "butterfly" strategy guards against a potential bitcoin price drop to $47,000 by the end of March.\n• The strategy, involving multiple trades, cost over $20 million.\nA large bitcoin {{BTC}} options bet crossed the tape on Tuesday, aiming to profit from a potential short-term price drop in bitcoin with the floor at $47,000.\nThe trader bought 100 lots of March 29 expiry on crypto block trading service providerGreeks.Live, and put options at strikes $50,000 and $43,000, partly financed by selling 200 lots of similar expiry puts at $47,000.\nA put option gives the purchaser the right but not the obligation to sell the underlying asset at a predetermined price at a later date. A put buyer is implicitly bearish on the market, while a call buyer is bullish.\nThe so-called block trade and comes at a notional cost of over $20 million,Greeks.Livetold CoinDesk. A block trade is a large transaction executed off the regular public market and is considered synonymous with institutional activity.\nThe strategy will earn maximum profit if bitcoin falls to $47,000 on the expiry day. The forecast, therefore, is for prices to drop in the next few weeks but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a "butterfly” bet.\nThe simulatedpayoff diagram showspeak profit at $47,000, with breakeven levels at $44,201 and $49,770.\n“Whales have continued to add to their short positions, betting that bitcoin will fall slightly before March 29,” Adam, an analyst atGreeks.Live, told CoinDesk.\n“Recent block trades have been concentrated in two directions - short price or long volatility. Term selection has mostly been concentrated before BTC halving. Looking at the characteristics of the trades, it is likely that traders are holding spot and purchasing hedging positions,” Adam added.', '• The long-put "butterfly" strategy guards against a potential bitcoin price drop to $47,000 by the end of March.\n• The strategy, involving multiple trades, cost over $20 million.\nA large bitcoin {{BTC}} options bet crossed the tape on Tuesday, aiming to profit from a potential short-term price drop in bitcoin with the floor at $47,000.\nThe trader bought 100 lots of March 29 expiry on crypto block trading service providerGreeks.Live, and put options at strikes $50,000 and $43,000, partly financed by selling 200 lots of similar expiry puts at $47,000.\nA put option gives the purchaser the right but not the obligation to sell the underlying asset at a predetermined price at a later date. A put buyer is implicitly bearish on the market, while a call buyer is bullish.\nThe so-called block trade and comes at a notional cost of over $20 million,Greeks.Livetold CoinDesk. A block trade is a large transaction executed off the regular public market and is considered synonymous with institutional activity.\nThe strategy will earn maximum profit if bitcoin falls to $47,000 on the expiry day. The forecast, therefore, is for prices to drop in the next few weeks but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a "butterfly” bet.\nThe simulatedpayoff diagram showspeak profit at $47,000, with breakeven levels at $44,201 and $49,770.\n“Whales have continued to add to their short positions, betting that bitcoin will fall slightly before March 29,” Adam, an analyst atGreeks.Live, told CoinDesk.\n“Recent block trades have been concentrated in two directions - short price or long volatility. Term selection has mostly been concentrated before BTC halving. Looking at the characteristics of the trades, it is likely that traders are holding spot and purchasing hedging positions,” Adam added.', "• 25% of Australians view bitcoin more favorably after the spot bitcoin ETF approval in January.\n• The annual report is based on a panel of only 2,100 adult respondents in a country of more than 26 million.\nThe approval of U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) appears to have had a major positive impact on Australians' crypto holders, according to astudy published Wednesday. However, the optimistic viewpoint continues to be countered by the nation’s economic uncertainty.\nThe 5th edition of the Independent Reserve Cryptocurrency Index has revealed that 25% of Australians view bitcoin more favorably after the spot bitcoin ETF approval in January.\nThe annual report is based on a panel of over 2,100 adult respondents from all walks of life, notably a tiny sample size in a country of more than 26 million. Yet, the report provides a significant sense of how the nation views cryptocurrencies. For example, the report reveals that general awareness of cryptocurrency among Australians has reached a new high of 95%, up from 92% in 2022.\nThis year, the study was conducted ahead of time to assess the impact of the spot-bitcoin ETF approvals on Australians. The study found that 19% of cryptocurrency holders down under would invest in a bitcoin spot ETF were it available on the Australian Securities Exchange (ASX).\nWhile the ASX hasn’t given a timeline for approving an ETF linked to any cryptocurrency, it is widely expected that a spot bitcoin ETF could be available by mid-2024.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum\nThe impact ofAustralia’songoing cost of living crisisandgeneral economic uncertainty, the study revealed, has made respondents cagey about investing in crypto. 16.7% (14.2% in 2022) of respondents said they wanted to invest in crypto but were not in a financial position to do so because of the economic crisis.\n“18% of crypto investors said they’re Last 60 Days of Bitcoin's Closing Prices: [43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-20 Financial & Commodity Data: - Gold Closing Price: $2027.50 - Crude Oil Closing Price: $78.18 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,027,073,568,825 - Hash Rate: 572824723.2499672 - Transaction Count: 397096.0 - Unique Addresses: 638563.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: While the debut of spot bitcoin exchange-traded funds this month appears to have been wildly successful for the funds and their issuers, the same can’t be said for their older cousins, the futures funds that have been trading for the past several years. The largest among them, the $1.85 billionProShares Bitcoin Strategy ETF (BITO)has struggled since the spot funds hit the market Jan. 11, the day after their approval was granted by the Securities and Exchange Commission. Investors have pulled $203 million from the fund since that day, according to etf.com data. At the same time, the fund’s trading volume has simmered down, dropping back to its average 19 million or so a day, after surging to 88.6 million on Jan. 11, according to Bloomberg data. The approval of the spot bitcoin ETF has been seen as a threat to take market share from the approximately $2 billion in bitcoin futures funds. Since BITO’s 2021 approval, only futures-based bitcoin ETFs were available to investors, and the spot funds now give investors exposure to real-time bitcoin prices and enable them to bypass crypto exchanges like Coinbase. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” At the same time, spot bitcoin ETFs have pulled in billions from investors: more than $3 billion as of Thursday, Jan. 18. Last week, VanEck closed its flagship bitcoin futures fund after the firm launched a spot bitcoin ETF product. “We believe investor appetite would switch from products offering bitcoin futures exposure to direct bitcoin exposure,” said Kyle DaCruz, director of digital assets product at VanEck in a statement to etf.com. ProShares didn’t immediately return a call seeking comment. While there still could be some uses for the futures fund, many experts expect the investment vehicles to eventually peter out, similarly to how gold futures ETFs eventually became extinct after a spot gold ETF launched. “What people want is spot, which removes the issues of contango and backwardation. I'm saying this as someone who holds crypto future assets, but there are lots of benefits of a spot bitcoin ETF,” said Matt Hougan, chief investment officer of Bitwise. The ProShares fund has also seen outflows as the price of bitcoin has retreated from recent highs at the start of the new year. The cryptocurrency’s current price is $40,601, down about 13% since January 9 when it saw its high of the year at nearly $47,000. Contact Lucy Brewster at [email protected]. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/RIP_Paul_Walkerr', 'Buying CKB in New York', 30, '2024-02-20 00:02', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', 'Has anyone done this recently? A couple years ago I bought a bunch, but I remember it was a somewhat a hassle. How are new yorkers currently buying? Can you still transfer BTC/ETC from Coinbase to Kucoin and exchange?\n\n\n\n', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', '1av1nbc', [['u/tonik24', 10, '2024-02-20 03:27', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/kr8h229/', 'Rumor has it that CKB will list on Kraken this Thursday…', '1av1nbc']]], ['u/Far_Breakfast_5808', '[SERIOUS] Have BTC proponents or supporters, especially the ones who believe that BTC will be the currency of the world or their country if society collapses, seriously considered how that will work if society collapses?', 36, '2024-02-20 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', "BTC and crypto in general require internet and electricity. If society were to collapse, both would be in very short supply. They'll exist, but probably not in the amount needed to process transactions, and this is assuming the scenario where more people use BTC then than are using them now. Batteries don't last forever and that juice still requires supply.\n\nIn addition, if society collapses, I have my doubts that people will even have things like wallets, crypto, or computers on their mind. In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. Just imagine how impractical it is to do a BTC transaction during a period of collapse, rather than something far more practical like cash. And even if governments weren't around to give their hated fiat value, humans work in such a way that they'd agree to give values to cash anyway. That's how fiat first evolved in the first place. And if it's not cash, anything from IOU slips to even barter would work.\n\nHave these people who claim that BTC will be the currency of the dystopian future even thought for a sec the practicality of their scenario?", 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', '1av3jdv', [['u/Chad_Broski_2', 39, '2024-02-20 01:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7xr6h/', 'It\'s a very "fuck you, got mine" ideology that leads to shit like this. Butters think they\'ll survive the initial social upheaval and join up with a society that will rise out of the ashes, and that this society will HAVE to use their magic beans because...reasons. They also think it\'s a lot easier to protect their keys rather than trying to hold onto other assets, which may be partially correct, but in this wild fictional scenario I still feel like gold would be a far better choice', '1av3jdv'], ['u/jfrglrck', 51, '2024-02-20 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7yoff/', 'None of it makes any sense whatsoever. \n\nIn the meantime I’d rather collect tulip bulbs. At least when society collapses I’d get flowers every spring.', '1av3jdv'], ['u/sciolycaptain', 17, '2024-02-20 01:31', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7z2g1/', 'In that post collapse society, what will be valued will be useful knowledge, skills, and tangible assists like food and tools. Not cryptowallets.', '1av3jdv'], ['u/Val_Fortecazzo', 16, '2024-02-20 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7zfwk/', 'Nope, too busy fantasizing about what they would do as the gods of the new world order.', '1av3jdv'], ['u/VintageLunchMeat', 13, '2024-02-20 01:54', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr82ntw/', "> In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. \n\nCrypto enthusiasts, like traditional conservatives, reject the idea that the government should provide government services to the wrong people, excluding those involving firearms. That the state is illegitimate if it should tax them so that a poor black kid has school lunches.\n\nBut do not have a historical example of such a society to point at. Or a sketched out modern model.\n\nSetting aside feudalism. \n\n---\n\nIt goes back to the post Civil War southern white backlash, which was broadly successful, maybe.\n\nhttps://www.thenation.com/article/archive/exclusive-lee-atwaters-infamous-1981-interview-southern-strategy/\n\n---\n\nCryptocurrency, is partly a religious movement with end-times mythos.\n\n---\n\nWilhoit: Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.\n\nIn light of this, cryptoids think they'll be among the saved and not those who get it in the neck when the apocalypse hits.", '1av3jdv'], ['u/toshex', 12, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84rxt/', 'No zombie apocalypse movie has BTC in it. Simple as that.', '1av3jdv'], ['u/ugh_this_sucks__', 38, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84wcv/', 'They have not. In their minds the USD collapses but for some reason everyone jumps on BTC because reasons. But whenever you ask why a government wouldn’t just make its own crypto, they just squeal at you.\n\nAlso, in their minds collapse just means “currency collapses.” They imagine that infrastructure and restaurants and Lambo dealerships will all still be perfectly operational but they’ll be suddenly hyper wealthy.', '1av3jdv'], ['u/Far_Breakfast_5808', 13, '2024-02-20 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr885w1/', "I would but I know I'll get banned if I do.", '1av3jdv'], ['u/DoxxThis1', 30, '2024-02-20 03:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8h2ku/', '> Govt. creating their own crypto is nothing but fiat currency on some blockchain.\n\nAn anonymous rando (“Satoshi”) creating their own crypto is nothing but fantasy currency on some blockchain. What’s the point of this crypto?', '1av3jdv'], ['u/Far_Breakfast_5808', 10, '2024-02-20 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8je80/', '>energy is sparse; communication lines are sporadic\n\nExactly. BTC as we know it today would pretty much not work in an apocalyptic world.', '1av3jdv'], ['u/SeboSlav100', 20, '2024-02-20 04:12', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8nt4x/', "What markets? We sure don't know a single one.", '1av3jdv'], ['u/SeboSlav100', 12, '2024-02-20 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8o9yd/', 'Ah so the fantasy one, got it. \n\n>There are more than 10 ETF product in USA focused on BTC and you say what markets?\n\nCalling them.product implies they serve purpose and have usage that is not crime.', '1av3jdv'], ['u/ugh_this_sucks__', 12, '2024-02-20 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ooay/', 'Ummm I think you’re a little confused about some of the words you’re using :)', '1av3jdv'], ['u/SeboSlav100', 11, '2024-02-20 04:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ow1i/', "I'm still waiting for the 1 trillion dollars market cap or any useful thing it's used for.\n\nBut I'll make a safe bet and say my grandchildren will be dead before that happens.", '1av3jdv'], ['u/foxbones', 10, '2024-02-20 04:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8q0o4/', 'Yeah it\'s really sad. I have some Bitcoin, and have had some forever buying and selling occasionally, using occasionally, and genuinely interested in it.\n\nToo many people think that putting $500 from a Stimulus check is going to equal a Lamborghini, a mansion, and being surrounded by hot women in the near future. So many suffer from Powerball fantasies, but they think it is actually going to happen.\n\nDon\'t even get me started about the folks putting their entire Wendy\'s paycheck for 2 months in something called SantaCoin in December. Or posting "white papers" on something called "SafeMoon".\n\nScammers are probably having their roaring 20s between Crypto and MAGA folks.', '1av3jdv'], ['u/ugh_this_sucks__', 17, '2024-02-20 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8vruv/', "But that's not a reason for a government to choose something.\n\nAlso, what exactly do you imagine would lead to that? Like, what are series of events you think might take place?", '1av3jdv'], ['u/Tallergeese', 14, '2024-02-20 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8wpr4/', 'Tulip bulbs are actually edible too.', '1av3jdv'], ['u/FlixFlix', 10, '2024-02-20 05:38', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8zgun/', '> _Have BTC supporters […] seriously considered […]\n\nIn the wise words of dogecoin creator Billy Markus when asked if he considered the environmental impact: “I didn’t consider anything”', '1av3jdv'], ['u/JasperJ', 12, '2024-02-20 09:51', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr9o0ej/', 'In what way are other coins less decentralized than BTC with its like 4 major mining consortia left?', '1av3jdv']]], ['u/AsteriAcres', 'Angry Texans fight Bitcoin mine’s 80,000 noisy machines in test for industry', 203, '2024-02-20 01:24', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/', '"Now, Shadden and her fellow residents are becoming increasingly alarmed that the din is causing a slew of health issues.\n\n“I have headaches now, and the vertigo is worse,” neighbour Geraldine Lathers told DL News. “You can’t get relief. If I move wrong, I’m dizzy.”"\n\nhttps://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/', 'https://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/', '1av3nqv', [['u/flycatcha', 96, '2024-02-20 01:49', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr81x7q/', "This type of low frequency noise pollution is the worst because you can't fully block it out, it is felt as well as heard. I feel so bad for them.", '1av3nqv'], ['u/greenandycanehoused', 27, '2024-02-20 02:48', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8b28h/', 'Is there an environmental non profit in the area?? Call earthjustice lawyers, they are exceptional and free under the right circumstances', '1av3nqv'], ['u/EducationalDig1599', 20, '2024-02-20 02:55', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8c51a/', 'I think every proponent of Bitcoin should be taken to this town, bound and gagged to a pole, and forced to endure this noise pollution day and night until they finally relent.', '1av3nqv'], ['u/muff-muncher-420', 17, '2024-02-20 03:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8fbey/', 'Wouldn’t want to advocate illegal activity, as reddit tends to disapprove, but why has no one just fire bombed these sites yet?', '1av3nqv'], ['u/cjorgensen', 69, '2024-02-20 03:39', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8iwnx/', 'I was like, how loud can it be? then I watched the embedded video and read. It’s 90db.\n\n> Noise above 70 dB over a prolonged period of time may start to damage your hearing. Loud noise above 120 dB can cause immediate harm to your ears. (source: CDC)\n\nMy Apple Watch warns me when the sound gets above 70db for any prolonged period of time. It would be constantly going off here.', '1av3nqv'], ['u/stuffitystuff', 10, '2024-02-20 04:50', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8t7iv/', 'It’s Texas. Second largest state, 45th least amount of publicly-owned land @ 4.2%.', '1av3nqv'], ['u/NevyTheChemist', 27, '2024-02-20 05:30', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8yjcj/', '90.db is insane.', '1av3nqv'], ['u/DarkPich', 11, '2024-02-20 05:39', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8zmye/', "There seems to be something wrong in this article. How is it possible that graphic cards are making so much noise? A 'noisy' fan can produce an average of 40 decibels, but when you combine 80,000 fans, the noise does not simply add up. Instead, the noise level should be around 80 decibels when close to them, which is comparable to a noisy street. However, at a distance of 500 meters, the noise level is much much lower. Perhaps the issue is related to other systems such as ventilation or something else.", '1av3nqv'], ['u/bassman9999', 41, '2024-02-20 05:46', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr90jhq/', 'Environmentalists? In Texas?', '1av3nqv'], ['u/GrenadineGunner', 42, '2024-02-20 05:59', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr923qm/', "Yeah you can't just stick thousands of computers in a warehouse and expect the whole thing to not overheat. So they just get hundreds of industrial fans and blast them into the facility 24/7 to keep it cool. If it was a proper data center, there are ways to keep it cool and manage the noise but Bitcoin assholes aren't going to pay for those because they are cheapskates.", '1av3nqv'], ['u/YouMayCallMePoopsie', 28, '2024-02-20 06:06', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr92vuk/', 'That is genuinely fucking bonkers. I would lose my absolute shit trying to live there for a single day.', '1av3nqv'], ['u/vanderlay_pty_ltd', 12, '2024-02-20 06:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr93w0b/', 'Im surprised theyre doing it in texas tbh - given how hot texas is during the summer. They must really be sauteing the shit out of their GPUs.', '1av3nqv'], ['u/lindberghbaby41', 17, '2024-02-20 06:58', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr98gwn/', 'I thought texans loved their yeehaw outlaw gubment-can’t-tell-me-what-to-do lifestyle, they can’t “deal” with the problem on their own?', '1av3nqv'], ['u/uncle_crawkr', 21, '2024-02-20 07:01', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr98sff/', 'Energy prices and/or subsidies. Margins on mining are razor thin and capital investments are constantly required to keep up with competition. Low energy prices and/or subsidies are the only way to make a profit, and other than getting first dibs on new ASICs, the only real competitive advantage you can try to gain… helps you stay in the game longer when price drops or halvenings happen and outlast your competition.', '1av3nqv'], ['u/meriadoc_brandyabuck', 21, '2024-02-20 07:41', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9cnbo/', 'All these rural/red state voters have been voting for “they’re one of us” Republican politicians who were really corrupt and anti-people the whole time? And now they’re stuck with insufferable but entirely predictable consequences? Who knew?', '1av3nqv'], ['u/-__fuck__reddit__-', 17, '2024-02-20 08:03', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9eov5/', "there are plenty of normal people in tx, it's almost a purple state at this point.", '1av3nqv'], ['u/SisterOfBattIe', 18, '2024-02-20 08:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9fqj9/', "Texas only has to hold up until may this year.\n\nThe halving will inflict a mercy kill an most if not all publicly traded miners, they'll be liquidated either in chapter 7 or chapter 11.\n\nOnly thing, I'd hope the bitcoin sudoku solvers are recycled for scraps like the e-waste they are, and I'd hope a moratorium on Proof of Work is enacted to prevent this from happening again, again, AGAIN.", '1av3nqv'], ['u/Moist_Network_8222', 19, '2024-02-20 09:37', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9mtz6/', 'This might surprise you, but large groups of people are not all uniform caricatures.', '1av3nqv'], ['u/jammsession', 17, '2024-02-20 09:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9n9x6/', "Pretty strange article. With the halving they have to double the power and it will become even noisier?\n\n\nAnyway the money quote for me is this: \n\n\n‘If we’re within legal limits, how much of a problem is this really?’\n\n\n\n— Charlie Schumacher, Marathon\n\n\nI 100% agree. The problem is not Marathon, the problem is the lax regulation. The root cause is not Marathon but local regulations allowing something that noisy near residents. No matter if this is Bitcoin, a wind farm or whatever.\nDon't hate the player, hate the game. I don't like bitcoin either but to me this is more of a regulation problem than a bitcoin problem.", '1av3nqv'], ['u/looneybooms', 15, '2024-02-20 10:04', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9p3dz/', '>Environmentalists\n\nThe "Environ" is silent. The "ist" is also silent. \n\nEnjoy that silence. In TX, even muzzles are louder.', '1av3nqv'], ['u/ElendVenture___', 19, '2024-02-20 10:21', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9qfki/', "honestly at that point i'd consider a bit of arson", '1av3nqv'], ['u/Moneia', 22, '2024-02-20 10:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9qltq/', 'It\'s rarely graphics cards these days they\'re using ASICs and because they\'re not meant for \'home use\' they have fans that cool very well with no regard to noise level. \n\nIf you\'ve ever stood in a server room when the ~~Doom music hits~~ fans start ramping up you\'ll have a better idea of what the noise levels may be like\n\n\n\n>A \'noisy\' fan can produce an average of 40 decibels\n\nThe 11,000 RPM \'[Blowie-matron](https://www.youtube.com/watch?v=nAFB9w2Rh0Y&t=133s)\' runs at 76db\n\nServer hardware is meant to noise managed by the environment and increases costs, so why bother. And if they\'re not bothered by the noise from component level cooling why do you think they\'d choose anything other than the cheapest "gets the job done"for the rest of the building?', '1av3nqv'], ['u/Puzzleheaded_Fold466', 12, '2024-02-20 13:41', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kra8ygn/', 'Are you sure ? I’m told the price of Bitcoin will instantly double.', '1av3nqv'], ['u/WatchStoredInAss', 22, '2024-02-20 15:55', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/krarp5f/', 'Every time I read about Buttcoin mining, it never ceases to amaze me how utterly insane it is to spend so much energy guessing numbers.', '1av3nqv']]], ['u/brorow1', 'How much do you invest in Bitcoin per month?', 62, '2024-02-20 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/', 'Admittedly, I haven’t invested a great deal over the years. I’ve just allowed it to sit there in my wallet and forget about it. However, over the last 12 months I’ve really changed my life around when it comes to finances. So I am investing around $60-70 per month going forward.\n\nCurrently, my BC wallet is worth around $2,980. I have other coins too, but they’re worth under $300 currently.\n\nAlso, what other coins are you investing in?', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/', '1av3tit', [['u/m594', 24, '2024-02-20 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr80f1e/', 'Everything.. but still not enough 😭', '1av3tit'], ['u/Shr00mBaloon', 21, '2024-02-20 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr80stm/', "400. Which is my entire spending budget so I'm basically broke constantly", '1av3tit'], ['u/Underwelmed_', 12, '2024-02-20 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr814ih/', "I am 95% or more in Bitcoin. Zero stocks(outside of this dumb 401k). Zero saving account. Just two months' living expenses. \n\nDump your shitcoins and put it all in Bitcoin. Sell you extra stuff. Work an extra job. Stack more sats.", '1av3tit'], ['u/Holster72', 58, '2024-02-20 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr839dw/', 'I have cash for rent, food, and beer next month. So Friday will be 100% of my paycheck.', '1av3tit'], ['u/speedingmedicine', 22, '2024-02-20 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr83dlr/', "Don't mess with ALT coins. That's how many people go bottom up. Everyone is chasing the next 20x coin but few ever get to ride that wave. Far more end up bag holding swapping memes about apes being strong together. DCA what you can afford into BTC.", '1av3tit'], ['u/Still-River2259', 16, '2024-02-20 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr85hp0/', '30 dollars every Friday.', '1av3tit'], ['u/Tasty_Action5073', 11, '2024-02-20 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr86wfe/', 'That’s the way.', '1av3tit'], ['u/Spy008', 11, '2024-02-20 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr872t5/', '$10 every time a new block is mined. I wish i could do more but I’m from a poor 3rd world country', '1av3tit'], ['u/LiveDirtyEatClean', 21, '2024-02-20 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr87k9t/', '$4,000/mo', '1av3tit'], ['u/ozfabulouz', 14, '2024-02-20 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr87upe/', '10k per month until halving i will stop.', '1av3tit'], ['u/FortyandLife2Go', 11, '2024-02-20 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8anu6/', 'Nice try IRS.', '1av3tit'], ['u/Ok_Art_2874', 32, '2024-02-20 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8arky/', 'I invest only in BTC. Over the past 3 years, I have invested about $125k to accumulate 2.65 BTC. Currently, I stopped buying BTC because it reached my target allocation of 5% of total portfolio', '1av3tit'], ['u/JoeYo743', 12, '2024-02-20 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8avvx/', 'My stupid ass would have been rich if it didnt all go towards weed.', '1av3tit'], ['u/mrluxrius', 30, '2024-02-20 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8bw1s/', 'about 1k a month, but its CAD soooooo 12$', '1av3tit'], ['u/Kazgarth_', 10, '2024-02-20 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8c2k6/', 'You are practicing deferred gratification. Only those with iron will and laser sharp vision are bold enough to take such move. Your patience will greatly be rewarded with time.', '1av3tit'], ['u/Comfortable_Shine425', 23, '2024-02-20 06:01', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr92bt6/', 'You can drop the food and invest even more.', '1av3tit'], ['u/mehoart2', 11, '2024-02-20 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr96osd/', "I'm getting close to retirement... I've been good with my money for the past 20 years, so it's easy to save once you have no debt (no mortgage no payments for cars .. no kids ... etc)", '1av3tit']]], ['u/TopRT2', "Is hbar pumping solely because of btc, or did something happen exclusively within hbar's ecosystem?", 23, '2024-02-20 02:27', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/', "just wanna know if something happened within hbar's ecosystem that drove the price up. or just following btc?", 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/', '1av51z2', [['u/GrailThe', 27, '2024-02-20 02:39', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr89pdp/', "Nothing of note happened today. Last week was Mondelez to the GC and prior to that the $250 Saudi Hedera fund - neither of which would account for this big move. My theory is that enterprise insiders were buying today and we're going to hear about something big in the coming week.", '1av51z2'], ['u/CLcode83', 13, '2024-02-20 02:45', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8any9/', 'The stealth money is always one click away waiting for the quiet moment after all the noise is over(news, fud, marketing, gyonk moans etc)', '1av51z2'], ['u/No-Pollution-1766', 13, '2024-02-20 03:32', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8hw6o/', 'The amount of time you spend being negative on this page is bizarre. I hope you find happiness one day', '1av51z2'], ['u/MyNameIsRobPaulson', 11, '2024-02-20 04:07', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8n5go/', "Hopes is it's smart money filtering in. There was a singular huge purchase last week too that stood out. If you keep making partnership after partnership with big money, eventually some whales and/or institutions along the way are going to take note. Let's hope it's that..", '1av51z2']]], ['u/PrincipleFirst', 'Why do I have a feeling BTC will never go back to 40s or 30s …', 85, '2024-02-20 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/', 'Here me out … Most of the hedge funds are desperate enough to pile fiat for the access to BTC … Whenever there is a dip, millions of dollars r flowing in scooping up every single one of em…\nAre the retailers sitting ducks ?… I’m having all sort of paranoia these days … \nFor all of em to dump , some sort of black swan event should happen …. Which has really low probability… When the funds like Blackrock started of thinking mining for BTC, the signal is clear … They are heavily invested & interested.\n\nNext few months will be critical ,and there will be lot of accumulation & FUDs, End of it all, as Saylor said , Bunch of billionaires are gonna hedge their wealth in BTC whether the govts around the world like it or not ….They are all frustrated with inflation & taxation rating away from the plates of their future generation. Their hard earned wealth to be set on fire due to bad decisions by incompetent political & financial system… If you think abt it , elites r on the right side of the history investing in BTC.\n\n And when you scribble in retailers over it signal is clear … It’s just the question of whether we are ready to accept the omega candle or not… It’s irresponsible for your future generations that you are not investing in BTC or it’s ETF products…', 'https://i.redd.it/6rs7iwou9njc1.gif', '1av5ah5', [['u/speedingmedicine', 34, '2024-02-20 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8e79k/', 'The circumstances were different but if you go back through the archives you can. See people echoing the same sentiment in March of 2020. This was followed by bloody Thursday where BTC wiped away 40% of its value. Not saying that this will happen just saying the market remains irrational way longer than people remain solvent.', '1av5ah5'], ['u/whetherwhether', 18, '2024-02-20 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8nnip/', "There could be a major worldwide recession. Bitcoin would likely drop more than other assets. It doesn't change the long term story but saying that something will or won't happen again is foolish.", '1av5ah5'], ['u/Kayshift', 29, '2024-02-20 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8nv5j/', 'This conversation happens every bull run.\n\nTruth is no one knows.', '1av5ah5'], ['u/bubumamajuju', 11, '2024-02-20 09:22', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr9ll19/', "Yaaaa if BTC were to lose 40% rn... I'm selling the farm, selling the dog, selling the cars, selling all the shit in my storage unit, taking out personal loans, taking out CC loans, mortgaging my house, starting an OF, getting a second job on top of the OF, and eating ramen until after the halving. Another few whole coins in the low 30s would be just lovely", '1av5ah5']]], ['u/Due-Doughnut-7913', 'Finally I hit .5 BTC', 427, '2024-02-20 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/', "Compared to some I'm sure this isn't much but this took a couple of years. Please celebrate this day with me as this is kind of a big deal for me! \nCheers", 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/', '1av5w2s', [['u/speedingmedicine', 15, '2024-02-20 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8f8gl/', "Congrats!!!! Now don't let it go.", '1av5w2s'], ['u/meagherj', 66, '2024-02-20 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8fcqo/', 'I’m at .42 and it’s killing me. But I know I’ll get to .5 and want a full coin anyway. \n\nStupid monkey brain I have.', '1av5w2s'], ['u/BrutallyPretentious', 19, '2024-02-20 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8gy0p/', "Nice! I'm at 0.38 and don't have 6k laying around for the other 0.12 at the moment. I'm hoping for a dip in 6-12 months when my finances are back in order, but I have a hunch that isn't going to happen given the timing of the ETFs and halving.", '1av5w2s'], ['u/Scarf_Darmanitan', 52, '2024-02-20 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8jz59/', 'I’m almost at .1 :,)\n\nWe may be small fish to some but we’re doing the best we can haha, cheers to ya!', '1av5w2s'], ['u/KorvaMan85', 11, '2024-02-20 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8k5ko/', "You're right. That is a big deal. Nice fuckin work.", '1av5w2s'], ['u/Used_Proposal4277', 27, '2024-02-20 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8kypr/', 'I’m only at .025😂I’m hoping to get it to .03 next week or 2🥲😂', '1av5w2s'], ['u/BruceAENZ', 11, '2024-02-20 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8n98g/', 'After the next halving I wouldn’t be surprised if .1 was seen the same way we see 1 now - i.e. a difficult but frustratingly visible figure.', '1av5w2s'], ['u/UnlikelySituation336', 15, '2024-02-20 04:09', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8nhvh/', '8.54 we go little by little', '1av5w2s'], ['u/Due-Doughnut-7913', 16, '2024-02-20 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8ox45/', 'I was stuck at .42 the longest time.', '1av5w2s'], ['u/Timely-Algae69', 20, '2024-02-20 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8tddm/', 'Not to be that guy but you shouldn’t discuss how much ya have.', '1av5w2s'], ['u/cubeeless', 24, '2024-02-20 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8vend/', 'Theoretically, only 42 million people could own half a coin simultaneously. Imagine how little of a number this is. Congrats..', '1av5w2s'], ['u/Kindly_Load_7226', 18, '2024-02-20 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8yw3d/', '0.1 here\n\nGoal: 1 full bitcoin', '1av5w2s'], ['u/Normal-Jelly607', 13, '2024-02-20 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr90d72/', 'Look at mr money bags over here', '1av5w2s'], ['u/Due-Doughnut-7913', 11, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr913eh/', "I hadn't thought of that!", '1av5w2s'], ['u/Boring-Bus-3743', 11, '2024-02-20 19:10', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krbpwjr/', 'And when you got to 1 you will probably want 2. I wonder if the want for more BTC goes up exponentially as you hit bigger mile stones.', '1av5w2s'], ['u/Ryno_Redeye', 10, '2024-02-20 20:54', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krc8rfu/', '.08 = ~$4,150 right now. Crazy that about a year ago you could have .25 for that price', '1av5w2s'], ['u/Klokkendief', 10, '2024-02-20 21:42', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krchqur/', 'I have that with girls', '1av5w2s']]], ['u/TheFluBR', 'They should make a cellphone app for hideout management', 49, '2024-02-20 03:09', 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/', "I work long hours away from home. I'd like to log in to an app during downtime at work so that i could manage my hideout in order to make some roubles here and there, and not feel like I'm wasting time or fuel. Specially now since i've first built the bitcoin farm, it kills me to keep the fuel running and not be crafting stuff. I mean yes, there are stuff that take a long time to craft, but they're not necessarily profitable or accessible.\n\nJust an idea that i'll probably never see implemented in the game.", 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/', '1av5yui', [['u/BlitzBadg3r', 55, '2024-02-20 03:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/kr8gpdg/', 'BSG can barely fix their own game let alone create an app. Just use RDP on your phone.', '1av5yui']]], ['u/Utgornstar69', 'Sha-256 question', 11, '2024-02-20 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/', 'To my understanding the NSA created the SHA series. Bitcoin is essentially invincible because sha 256 cannot be broken. How much different is sha 256 compared to sha 1? \n\nI keep hearing that bitcoin is 100% hack proof and there will never be any threats to the network. \n\nIs bitcoin the endgame? Even with AI, Quantum Computing, and advanced chips, bitcoin will forever be invincible? ', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/', '1av78as', [['u/Corbimos', 19, '2024-02-20 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/kr8s1ww/', "Nothing is 100% hack proof. No one who understands any of this will tell you it's completely secure until the end of time. This is why there is regular maintenance and review of the protocol. \n\nThere are CVEs all the time that are corrected and updated. The thing about Bitcoin is that it is the most secure and decentralized system out there today. It's an open-source project that the top minds in cryptography work on. It is built to withstand attacks and keep it secure. Proof of work is a big reason why this is possible. \n\nIf there were a vulnerability in Sha256. A fix would be discovered, and there would be overwhelming consensus to update the protocol to keep the integrity of the UTXO set. This is why bitcoin is 100% secure, not because it is unhackable, but because it is antifragile.", '1av78as'], ['u/Top_Evening_833', 16, '2024-02-20 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/kr8vjek/', '“sha 256 is 256x sha 1”\n\nThis statement is incorrect. The number “256” is not related to being 256x SHA-1.\n\nSHA-1 produces a 160-bit (20-byte) hash output.\n\nSHA-256 produces a 256-bit (32-byte) hash output.', '1av78as']]], ['u/GeekyCodeJS', 'Who is balls deep in Bitcoin?', 654, '2024-02-20 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/', "I don't have a house or a car, just 90% Bitcoin, 2% stocks, 8% cash (enough to cover 12 months of my monthly expense just incase I lose my job).\n\nI used to invest in Global Market ETF to build wealth slowly for my retirement back in 2020-2021 - F that!\n\nI believe I will have a faster lane to my FU money with Bitcoin. I know it's not going to be a 100x moonshot but still way faster than a traditional assets in long-term.\n\nIf Bitcoin can hedge better against the inflation than the traditional assets in long-term, what's stopping you to go balls deep in it?", 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/', '1av7bro', [['u/Physical-State3960', 101, '2024-02-20 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8qb7d/', 'I’m extreme balls deep.. no slow growth for this guy.. all in as much as I can..', '1av7bro'], ['u/Cheese6260', 164, '2024-02-20 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8qj3x/', 'I devote any dispensable income to BTC', '1av7bro'], ['u/Gullible_Elk7083', 81, '2024-02-20 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8s43e/', 'I’m around 98% BTC, 2% cash for short term immediate needs. Imo, you don’t need 12mo of expenses in cash. You can easily sell BTC into cash if necessary. Yes, BTC is “volatile”, but cash is a melting ice cube.', '1av7bro'], ['u/my-daughters-keeper-', 25, '2024-02-20 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8sdlt/', 'Me too :)', '1av7bro'], ['u/Devin_Downing', 345, '2024-02-20 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8svgt/', "I, too, and 100% irresponsibly long Bitcoin, AND I wouldn't change it! 👍", '1av7bro'], ['u/benualson', 15, '2024-02-20 04:57', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8u5xy/', 'this guy is worth almost 4 million', '1av7bro'], ['u/zerosuneuphoria', 15, '2024-02-20 04:59', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uhe6/', '80% BTC miners, next year is going to be fun, but volatile. Definitely a lot of FU money to be made, already made quite a bit', '1av7bro'], ['u/BTCMachineElf', 10, '2024-02-20 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8um7s/', '>Bitcoin: is 3.5%. I have 2.65 bitcoins\n\n137800 ÷ 0.035 = $3.93mm. Well hello Mr Fancy Pants.', '1av7bro'], ['u/clicksanything', 28, '2024-02-20 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uscg/', "> You can easily sell BTC into cash if necessary\n\nYou can but since bitcoin is currently treated as commodity you'd still have to deal with capital gains", '1av7bro'], ['u/clicksanything', 37, '2024-02-20 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uxr0/', 'Bro just wanted an excuse to flex 2.65 bitcoin', '1av7bro'], ['u/KitchenBreadfruit816', 30, '2024-02-20 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8v869/', 'Me too bro. Problem is my wife don’t know how balls deep I’m in', '1av7bro'], ['u/fugginglovecheese', 13, '2024-02-20 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8w16j/', 'Problem or blessing in disguise?', '1av7bro'], ['u/BWFree', 58, '2024-02-20 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8wtby/', 'I don’t understand this fear of profit leading to fear of taxation. What’s the alternative? Lose spending power on already taxed fiat?', '1av7bro'], ['u/Seanzipmayn', 21, '2024-02-20 05:18', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8x0hp/', 'I’m tits deep bro balls deep is only like 50% exposure', '1av7bro'], ['u/LucidLV', 18, '2024-02-20 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8x6jd/', 'She knows her boyfriend is in balls deep.', '1av7bro'], ['u/Seeders', 56, '2024-02-20 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xb9i/', 'I have 10', '1av7bro'], ['u/zenethics', 23, '2024-02-20 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xc64/', "Too many people think they are going to get rich from BTC pretty soon. Usually doesn't work that way, major speedbumps etc, but we'll see.", '1av7bro'], ['u/dsk83', 13, '2024-02-20 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xx47/', 'Oh no gotta pay taxes on gains, guess we should just never invest', '1av7bro'], ['u/Muted_Cucumber_7566', 28, '2024-02-20 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8y2dj/', 'I think my balls are well inside it at this point. I’m a true degenerate.', '1av7bro'], ['u/Time-Conference1783', 81, '2024-02-20 05:40', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8zt8v/', 'I believe in btc but at the same time believe in diversity and not being over exposed in one thing (don’t put all your eggs in one basket). \n\nInvest wisely', '1av7bro'], ['u/Saintly_Bridget', 20, '2024-02-20 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8zyf1/', "Half my portfolio is bitcoin, up from 40% I cant in good conscience reccomend anyone put a whopping 90% in there tho. Heres the idea: If bitcoin skyrockets, we will both be rich, but if bitcoin catastrophically fails, I will lose a lot but Ill still be okay, you on the other hand will lose everything. Its not like you're risking everything for the chance of getting rich, you're risking everything to be \\richer\\ than me. Its not gamble you should make.\n\nHalf BTC, half VOO. Max out your IRA every year for rainy day.", '1av7bro'], ['u/SomeIdeasTooTalk', 184, '2024-02-20 05:43', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr905pi/', '"Irresponsibly long". Great way of putting it. \n\nSee you in the bahamas or in the breadlines, brother. ✊🫡', '1av7bro'], ['u/cfk69', 29, '2024-02-20 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr90p6f/', "Right? If you're paying taxes on your bitcoin, that means it went to in value. Pay the taxes, enjoy the profit 🙂", '1av7bro'], ['u/StepheninVancouver', 13, '2024-02-20 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr90q2q/', "Bitcoin may 10x or go to zero so I don't recommend putting all your money in it. If you are young you may have a higher risk tolerance but it's also good to diversify your investments. \n\nI have been in this game over 10 years and have seen many cycles. This halving will likely see $100k + but then there will be another big drawback again. \n\nI have made some risky investments but I always planned it so that if the asset went to zero it wouldn't bankrupt me. \n\nI am pro bitcoin but it's very volatile and should be invested in responsibly.", '1av7bro'], ['u/Confident_Comfort979', 23, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr913ks/', 'Picture of squealing hog with his nuts wrapped around a tree. But instead of a tree it’s a deep fleshy mud pit that sucks really good and hard. And instead of wrapping around it’s more like tripping and falling nuts first into the flesh pit (1” diameter). That’s me.', '1av7bro'], ['u/panfrosco2', 17, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr914uy/', "Balls deep? Maybe a year ago. I'm now perineum, en route to starfish deep. I won't quit until I get a tickle on my uvula, even then...crown chakra?...", '1av7bro'], ['u/f00dl3', 18, '2024-02-20 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr91kg1/', "I'm leaving this sub. Too many people FOMOing not enough realistic expectations in this economy.", '1av7bro'], ['u/Goldenbeardyman', 16, '2024-02-20 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr932wj/', 'You guys are crazy holding 98% of your assets in Bitcoin and the rest in cash.\n\nYou should diversify, even if you only invest in gold alongside it. Did you know shares are a thing too?\n\nIf bitcoin drops 50% tomorrow, most of you guys are gonna panic sell as your net worth drops by half.\n\nIf bitcoin made up 25-50% of your assets, a 50% drop would be equivalent to 12-25% drop in your net worth, which is much easier to stomach.', '1av7bro'], ['u/smilingbuddhauk', 13, '2024-02-20 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr942n9/', 'r/oddlyspecific', '1av7bro'], ['u/smilingbuddhauk', 11, '2024-02-20 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr94ahe/', 'Many people skim over the "gains" part. They think it\'s just a sell tax.', '1av7bro'], ['u/swissmoneydude', 10, '2024-02-20 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr968cz/', 'Fuck you!', '1av7bro'], ['u/BigDeezerrr', 13, '2024-02-20 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr96gfk/', "Been very into Bitcoin since 2016 and I've never been more bullish. I'm with you, I think there must be something I'm missing because it seems so obvious. I haven't been able to find it yet. I have noticed that 95% of people I know aren't paying any attention to Bitcoin, even after the ETFs. I feel like I'm taking crazy pills when people I talk to are so disinterested in it.", '1av7bro'], ['u/Mediocre_Horror_194', 15, '2024-02-20 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr96p1y/', 'Breadline at a 5 star hotel atleast', '1av7bro'], ['u/Odd-Following-247', 39, '2024-02-20 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr98wgh/', 'The guy that created the term irresponsibly long bitcoin is Raul Paul. He lives in the Cayman Islands', '1av7bro'], ['u/aesop08', 10, '2024-02-20 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9csll/', "It's not necessary to diversify if you've found the goose that lays golden eggs.", '1av7bro'], ['u/BroncoFanInOR', 11, '2024-02-20 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9d974/', 'I’m diversified @ 75% BTC, 10% MSTR and 15% cash. \n\nFrom my POV, that IS investing wisely. Up 58% this year, while my old 401k didn’t see 19% in 8 years. I just can’t see my portfolio as anything but a short term win and a long term solution to wealth.', '1av7bro'], ['u/Modrew', 22, '2024-02-20 08:03', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9epgm/', '100% irresponsibly long FIAT is much worse.', '1av7bro'], ['u/AtmospherePerfect532', 28, '2024-02-20 08:35', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9hk1q/', 'Funny enough the moral of the story is greed leads to great loss', '1av7bro'], ['u/Major-Front', 10, '2024-02-20 09:13', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9kvkq/', "That's the problem with slow growth. It's designed to keep you at your current level. You work, you earn, you invest, you make a few % in interest after inflation - you keep your current standard of living.\n\nBitcoin is a super highway to potentially having a much higher standard of life", '1av7bro'], ['u/shiroboi', 51, '2024-02-20 09:30', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9malx/', 'I love bitcoin as much as the next but the chances of bitcoin, going belly up or getting screwed up because of government intervention is not zero. Literally investing all of your money into one source, no matter how good is not a wise plan', '1av7bro'], ['u/1025scrap', 42, '2024-02-20 10... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'By Tom Wilson\nLONDON, Feb 21 (Reuters) - Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies.\nCircle did not give a reason for its decision but said that under its risk management framework it "continually assesses the suitability" of blockchains that support USDC, the second-biggest stablecoin after Tether.\nIt said institutional clients can transfer USDC held on Tron to other blockchains, or redeem the tokens with it for traditional currency, until February 2025. Retail customers can transfer USDC to other blockchains and redeem USDC at crypto exchanges and brokerages, it added.\nCircle, which in January said it had filed for a U.S. initial public offering, last year terminated accounts held with it by Tron founder Justin Sun and his affiliated companies.\nSun, a prominent crypto entrepreneur, was sued last year by the Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nCircle\'s latest announcement affects USDC on the Tron blockchain, "as opposed to an individual user or related business entities", a spokesperson said.\nWith some $28 billion in circulation, USDC is the eighth-biggest crypto token, according to data firm CoinGecko. USDC worth $335 million are hosted on Tron, Circle\'s website says.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel. (Reporting by Tom Wilson in London; Editing by Tommy Reggiori Wilkes and Emelia Sithole-Matarise)', '• Bitcoin maximalist Michael Saylor is not selling any of his company\'s bitcoin anytime soon.\n• "There\'s no reason to sell the winner and buy the losers," he said in an interview with Bloomberg TV on Tuesday.\n• Bitcoin competes with far larger asset classes like gold, real estate and the S&P, but it\'s the superior product, argued Saylor.\nMichael Saylor doesn’t plan to sell any of MicroStrategy\' (MSTR)s bitcoin {{BTC}} anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.\n"The spot ETFs have opened up a gateway for institutional capital to flow into the bitcoin ecosystem," said Saylor. "[The ETFs] are facilitating the digital transformation of capital, and every day hundreds of millions of dollars of capital is flowing from the traditional analog ecosystem into the digital economy."\nSaylor\'s MicroStrategy held 190,000 bitcoins at the end of January which it bought for an average of $31,224 per coin. With bitcoin now trading at roughly $52,000, the company’s holdings are worth about $10 billion, with $4 billion of that profit.\nMany investors might be considering an exit at this point, but not Saylor.\n“Bitcoin," he told Bloomberg, "is the exit strategy.”.\nBitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them.\n“We believe capital is going to keep flowing from those asset classes into bitcoin because bitcoin is technically superior to those asset classes and that being the case, there’s just no reason to sell the winner and to buy the losers,” he said.\nMicroStrategy first started purchasing bitcoin in August 2020 and has since consistently added to its portfolio. The software firmalongside its fourth quarter earnings reportrebranded itself a “bitcoin development company,” doubling down on its commitment to the cryptocurrency.\nMSTR shares are up 11.8% year-to-date.', '• Bitcoin maximalist Michael Saylor is not selling any of his company\'s bitcoin anytime soon.\n• "There\'s no reason to sell the winner and buy the losers," he said in an interview with Bloomberg TV on Tuesday.\n• Bitcoin competes with far larger asset classes like gold, real estate and the S&P, but it\'s the superior product, argued Saylor.\nMichael Saylor doesn’t plan to sell any of MicroStrategy\' (MSTR)s bitcoin {{BTC}} anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.\n"The spot ETFs have opened up a gateway for institutional capital to flow into the bitcoin ecosystem," said Saylor. "[The ETFs] are facilitating the digital transformation of capital, and every day hundreds of millions of dollars of capital is flowing from the traditional analog ecosystem into the digital economy."\nSaylor\'s MicroStrategy held 190,000 bitcoins at the end of January which it bought for an average of $31,224 per coin. With bitcoin now trading at roughly $52,000, the company’s holdings are worth about $10 billion, with $4 billion of that profit.\nMany investors might be considering an exit at this point, but not Saylor.\n“Bitcoin," he told Bloomberg, "is the exit strategy.”.\nBitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them.\n“We believe capital is going to keep flowing from those asset classes into bitcoin because bitcoin is technically superior to those asset classes and that being the case, there’s just no reason to sell the winner and to buy the losers,” he said.\nMicroStrategy first started purchasing bitcoin in August 2020 and has since consistently added to its portfolio. The software firmalongside its fourth quarter earnings reportrebranded itself a “bitcoin development company,” doubling down on its commitment to the cryptocurrency.\nMSTR shares are up 11.8% year-to-date.', 'VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, today announces it will release financial results for its first quarter 2024 ending December 31, 2023 on Wednesday, February 21, 2024 after the market close. The Company will host a conference call to review its results and provide a corporate update on Thursday, February 22, 2024 at 4:30 pm ET. Attendees should register in advancehere.\nAdditionally, DMG announces recent operational updates:\n• New Mining Capacity:In total, DMG plans to energize 54 mining containers, which will house its ordered 4,550 units of new Bitmain T21 miners, its currently operating S19 XP miners along with some of its less efficient legacy fleet. DMG has received all the major electrical distribution components and mining containers, which are now located either at its Christina Lake data center facility or with its integration partners. The migration of a portion of its existing miners to containers will free up capacity inside DMG’s Christina Lake data center building to expand its immersion cooling infrastructure. Subsequent to the container deployment, DMG’s total electrical capacity will be approximately double its current Christina Lake building capacity of 36 megawatts.\n• New Data Center Site:Regarding DMG’s development of a new data center site with access to low-cost reliable renewable energy located in Canada in a province outside of British Columbia, there has been significant progress towards receiving regulatory approvals for power. In addition, the Company is proceeding with its capital outlay plan and is working towards executing a binding agreement. Further information will be provided if and when the definitive agreement and regulatory approvals are obtained for this new data center site.\n• Immersion Cooling Technology: After a long period of engineering development, DMG has ordered its first production environment immersion cooling tanks with the goal to have an initial closed loop set-up completed in the June 2024 quarter. Subsequent to this initial build-out, the Company will then purchase the remainder of the equipment necessary to energize the first 12-megawatt phase. In addition, DMG has selected a deployment partner that is located near its Christina Lake facility with which it has a long standing relationship. For this first phase of immersion cooling, the Company intends to operate using primarily legacy miners to prove out the technology.\nDMG’s CEO, Sheldon Bennett commented, “DMG is making good progress to transform its Christina Lake data center facility and to proceed with the development of our potential second site that will enable us to grow beyond 2 EH/s capacity. As we look at how Bitcoin mining infrastructure is continuing to evolve, we are staying at the forefront with deployment of immersion cooling technology along with infrastructure for a new generation of highly efficient miners that run on 3-phase power.”\nNew Loan to Bosonic\nDMG announces it has provided a total of an additional US$600,000 of debt financing to Bosonic, Inc. to support its continued development and help enable it to sustain cash flow positive operations. As of September 30, 2023, DMG had provided US$150,000 of debt and during the three months ended December 31, 2023, DMG had provided a further US$450,000 of debt to Bosonic. The debt is interest bearing at 7.5% and is due within 18 months.\nDMG EngagesPower Mining Analysis Ltd.\nDMG announces it has engaged Power Mining Analysis Ltd. to support DMG’s marketing efforts to increase awareness and show how it performs as a Bitcoin miner relative to its peer group. Power Mining Analysis was founded by Anthony Power and Bryce McNallie, both well-known Bitcoin mining industry analysts. This engagement began on February 1, 2024 at a cost of US$3,500 per month.\nAbout DMG Blockchain Solutions Inc.\nDMG is an environmentally friendly vertically integrated blockchain and data center company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.\nFor more information on DMG Blockchain Solutions visit:www.dmgblockchain.comFollow @dmgblockchain on X and subscribe to DMG\'s YouTube channel.\nFor further information, please contact:\nOn behalf of the Board of Directors,\nSheldon Bennett, CEO & DirectorTel: 516-222-2560Email:[email protected]:www.dmgblockchain.com\nInvestor Relations Contact:CORE IR 516-222-2560\nFor Media Inquiries:Jules AbrahamCORE [email protected]\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nCautionary Note Regarding Forward-Looking Information\nThis news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, the expected increase in realized hashrate, completing the build and upgrades for immersion cooling, expected substation maintenance, the deployment of new capacity, the expected arrival of new miners, to acquire a new data center, the expected timelines, developing and executing on the Company’s products and services, increasing self-mining, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.\nFuture changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.\nForward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company\'s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG\'s bitcoins; DMG\'s relationships with its customers, distributors and business partners; the inability to add more power to DMG\'s facilities; DMG\'s ability to successfully define, design and release new products in a timely manner that meet customers\' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG\'s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.\nFactors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company\'s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG\'s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.', "Ethereum (ETH), the Ethereum network's native token, surged past $3,000 for the first time since April 2022, extending its recent winning streak. This rally marks a 12% increase in the past week and pushes its year-to-date gains to nearly 30%, outperformingBitcoin's 22% rise.\nThis bullish run isn't limited to ETH. The crypto market as a whole is seeing a strong 2024, with major tokens trading significantly higher than last year. Analysts cite anticipation for potential spot-based ETH exchange-traded funds (ETFs) as a key driver of ETH's momentum.\nMarket participants believe ETH could climb further, targeting $3,500 as the next resistance level. The potential approval of spot ETH ETFs could significantly boost the token's appeal to institutional investors, similar to how Bitcoin ETFs attracted sizable allocations after their debut last month. This wider adoption could further propel ETH's price upward.\nWhile the future remains uncertain, the current environment suggests continued optimism for ETH and the broader cryptocurrency market. The potential for regulatory approval of ETH ETFs, coupled with anticipated interest from institutional investors, could see continued momentum in ETH.", "• US stocks dropped on Tuesday as the AI trade cooled down ahead of Nvidia's earnings report.\n• Shares of Nvidia and Super Micro Computer both fell by about 5% in Tuesday trades.\n• Solid earnings results from Walmart and Home Depot painted a solid picture of the US consumer.\nUS stocks dropped on Tuesday with the AI trade cooling down ahead of Nvidia's fourth-quarter earnings results.\nNvidia and Super Micro Computer stock both declined by about 5% on Tuesday as investors take profits ahead ofwhat could be a market-moving event when Nvidia CEO Jensen Huangkicks off his company's earnings call after the market close on Wednesday.\nNvidia has been largely responsible for spurring a rally in tech stock over the past year thanks to excitement towards artificial intelligence. Now, investors want to see how much financial strength is behind the AI hype.\nMeanwhile, retailersWalmartandHome Depotreported earnings on Tuesday, with both companies beating revenue and profit projections. Walmart stock jumped 3% after it announced a 9% dividend hike and prepares for a 3-for-1 stock split later this month, while Home Depot stock traded about flat.\nOf the 79% ofS&P 500companies that have reported earnings results so far, 80% beat profit estimates by a median of 7% and 64% are beating revenue estimates by a median of 3%, according to Fundstrat.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:4,975.51, down 0.6%\n• Dow Jones Industrial Average:38,563.80, down 0.17% (-64.19 points)\n• Nasdaq Composite:15,630.78, down 0.92%\nHere's what else happened today:\n• Goldman Sachs increased its S&P 500 price target for the second time since Novemberto 5,200, representing potential upside of about 4% from current levels. The bank said strong earnings were behind the change.\n• Here's what investors should watch for when Nvidia reports its earnings resultson Wednesday, according to Wedbush analyst Dan Ives.\n• A glut of supply of lab-made diamonds are likely to result in a price decline,according to analysts.\n• Nintendo stock fell 5% on Tuesday after a report said it would delay its Switch 2 consolelaunch until early 2025.\n• Here's what Wall Street expects to hear from Nvidiawhen it reports its fourth-quarter results on Wednesday.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil fell 1.66% to $77.16\xa0 a barrel.Brent crude, the international benchmark, dropped 1.32% to $82.46 a barrel.\n• Goldclimbed 0.57% to $2,035.60 per ounce.\n• The 10-year Treasury yield was flat at 4.27%.\n• Bitcoinclimbed 0.79% to $52,188.\nRead the original article onBusiness Insider", 'Cautious investors face a £9,000 penalty for choosing supposedly “safe” assets over “risky” stock market funds.\nAfter last week’s news thatBritain had slipped into recessionin 2023, many investors may be tempted by traditional “safe haven” assets such as gold and government bonds. These typically fare better during market downturns when stocks can run into trouble.\nBut over the long term there can be a heavy price to pay for erring on the side of caution.\nOver the past 10 years all “safe haven” assets apart from cash have at times suffered steeper falls than an investment fund designed to replicate the performance of the global stock market, according to analysis by stockbroker AJ Bell. They have also delivered significantly lower returns overall.\nAn investor who put £10,000 into a “60/40” portfolio – 60pc shares and 40pc bonds – 10 years ago would have £14,100 today, after inflation, compared with £22,750 for someone who had bought a global stock market fund.\nSuch portfolios of 60pc shares and 40pc bonds are often recommended to those approaching retirement. The theory is that when one asset falls the other rises, smoothing out returns. But these portfolios failed miserably in 2022 asshares and bonds fell in tandem.\nAs a result, when we look at performance over complete calendar years, 60/40 investors have suffered more than their “risk-taking” counterparts who held only shares. A 60/40 portfolio fell by 11pc in 2022, compared with 8pc for the fund that tracks global stocks.\nOver the past 10 years, investors in “gilts” – bonds issued by the British Government – actually lost money. Once inflation was taken into account, a £10,000 investment would have fallen in value to £8,520. This means gilt investors were only £60 better off than if they had simply kept the money in cash.\nRecommended\nWhat are bonds, how do they work and how do you buy them?\nRead more\nLaith Khalaf of AJ Bell said: “It’s been better to be a hare than a tortoise when it comes to investment markets over the past decade. More conservative investors will be used to the idea that they won’t make as much money in bull markets, but perhaps what they may be more disappointed by is that they have had to endure such volatility to achieve such modest returns.”\nHe said this could in part be attributed to “the huge directional change in monetary policy which routed the bond market in 2022”.\nGovernment bonds are usually among the least volatile assets but in 2022 gilt investors saw their holdings plummet by 23pc as former prime minister Liz Truss’s mini-Budgetsent the bond market into crisis.\nOf the safe haven assets AJ Bell analysed,gold produced the worst performancewithin a single calendar year. Gold is renowned for retaining its value during economic downturns, but this does not mean that investors who buy the metal should expect a smooth ride.\nWhile a £10,000 investment in gold 10 years ago would be worth £16,352 today after inflation, for those returns investors would have had to stomach a 30pc fall in 2013.\nHowever, gold’s volatility is not a reason to avoid the asset completely.\n“In combination with shares and bonds, gold can fulfil a useful role in a portfolio because it tends to wax and wane at different times to other assets, which can lead to a smoother journey at a portfolio level,” said Mr Khalaf. “But trading gold at a standalone level is a risky game, a bit like Bitcoin without the steroids. Investors should seek to hold a maximum of 5pc to 10pc in gold in a diversified portfolio.”\nAlthough the 60/40 portfolio suffered steep falls in 2022, it has offered some protection against losses. In the first few months of 2020 it lost 15pc while the global stock market fund fell by 20pc as the pandemic took hold.\nDespite its poor performance in 2022, it remains a sensible compromise for those nearing retirement, experts say.\nMr Khalaf said: “While there are no guarantees, gilt holders are likely to have a smoother ride now the bond bubble has popped and 60/40 investors can probably expect greater stability from the bond side of their portfolio.\n“However, historical performance tells us they are still unlikely to match the long-term returns provided by the stock market.”', 'By Tom Wilson\nLONDON (Reuters) -Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies.\nCircle did not give a reason for its decision but said that under its risk management framework it "continually assesses the suitability" of blockchains that support USDC, the second-biggest stablecoin after Tether.\nIt said institutional clients can transfer USDC held on Tron to other blockchains, or redeem the tokens with it for traditional currency, until February 2025. Retail customers can transfer USDC to other blockchains and redeem USDC at crypto exchanges and brokerages, it added.\nTron\'s vision is to become the world\'s "largest and most prosperous decentralized financial protocol," a Tron spokesperson said, adding: "We continue to move forward."\nCircle, which in January said it had filed for a U.S. initial public offering, last year terminated accounts held with it by Tron founder Justin Sun and his affiliated companies.\nSun, a prominent crypto entrepreneur, was sued last year by the Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nCircle\'s latest announcement affects USDC on the Tron blockchain, "as opposed to an individual user or related business entities", a spokesperson said.\nWith some $28 billion in circulation, USDC is the eighth-biggest crypto token, according to data firm CoinGecko. USDC worth $335 million are hosted on Tron, Circle\'s website says.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel.\n(Reporting by Tom Wilson in London; editing by Emelia Sithole-Matarise and Jason Neely)', '• The sudden jump in volume comes as VanEck is set to reduce its offering fees to 0.20% from 0.25% on Wednesday.\n• HODL had the third-largest daily volume, behind Grayscale’s GBTC and BlockRock’s IBIT.\nTrading volumes of VanEck’s HODL, one of the ten spot bitcoin {{BTC}} exchange-traded funds in the U.S. (ETF), surged over 2,200% on Tuesday in a move driven by individual traders.\nHODL tradedover $400 millionin volumes on Tuesday, a 22-fold jump over its daily average of $17 million. The figures came ahead of a planned fee cut on Wednesday, when VanEck will reduce its offering fees from 0.25% to 0.20%, as per a filing.\nHODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF now holds nearly $200 million worth of bitcoin as of Feb.20,data shows.\nBloomberg Intelligence analyst Eric Balchunas said on X that the volumes came from 32,000 individual trades instead of one big investor – showing signs of a retail mania.\n“Given how sudden and explosive the increase in the number of trades was (500 trades Friday, 50,000 trades today), I’m wondering if some Reddit or TikTok influencer type recommended them to their followers,” Balchunas said. “Feels retail army-ish.”\nHODL’s unusually large volumes contributed to the bitcoin ETFs posting their highest volume day since going live in January,as reported.', '• The sudden jump in volume comes as VanEck is set to reduce its offering fees to 0.20% from 0.25% on Wednesday.\n• HODL had the third-largest daily volume, behind Grayscale’s GBTC and BlockRock’s IBIT.\nTrading volumes of VanEck’s HODL, one of the ten spot bitcoin {{BTC}} exchange-traded funds in the U.S. (ETF), surged over 2,200% on Tuesday in a move driven by individual traders.\nHODL tradedover $400 millionin volumes on Tuesday, a 22-fold jump over its daily average of $17 million. The figures came ahead of a planned fee cut on Wednesday, when VanEck will reduce its offering fees from 0.25% to 0.20%, as per a filing.\nHODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF now holds nearly $200 million worth of bitcoin as of Feb.20,data shows.\nBloomberg Intelligence analyst Eric Balchunas said on X that the volumes came from 32,000 individual trades instead of one big investor – showing signs of a retail mania.\n“Given how sudden and explosive the increase in the number of trades was (500 trades Friday, 50,000 trades today), I’m wondering if some Reddit or TikTok influencer type recommended them to their followers,” Balchunas said. “Feels retail army-ish.”\nHODL’s unusually large volumes contributed to the bitcoin ETFs posting their highest volume day since going live in January,as reported.', "• The twins were initial investors in Fairshake.\n• Fairshake spent millions opposing California Senate Candidate Katie Porter.\nFairshake, a Super political action committee (PAC) that is backing crypto-friendly candidates, has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloombergreported, citing the latest federal filings.\nThe Winklevoss twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin {{BTC}} investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. The Winklevoss' join a list of high-profile crypto investors backing the Super PAC, such as Andreessen Horowitz (a16z),ARK Invest, as well as crypto companies like Circle, Ripple, Coinbase (COIN) and more.\nOverall, Fairshake has raised more than $85 million to support leaders who endorse crypto and blockchain,according to OpenSecrets.org. It has also spent millionsopposing California Senate Candidate Katie Porter.\nSuper PACs are prohibited from sending money directly to political candidates and Fairshake has emerged as one of the most prominent campaign finance forces supporting crypto.\nRead More:Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election", "Cryptocurrency caught fire during the pandemic, from classic blockchain projects likeBitcoin(CRYPTO: BTC)andEthereumto whimsical alternatives likeDogecoinandShiba Inu. The market increased 15 times in value between March 2020 and November 2021, peaking at around $3 trillion.\nOf course, the tide turned shortly thereafter. The collapse of the Terra blockchain precipitated the bankruptcy of several cryptocurrency lenders and exchanges, triggering a crash that erased more than $2 trillion in value. The market fell about 75% between November 2021 and December 2022, dropping to $790 billion.\nBut the tide has since turned once again. The cryptocurrency market more than doubled during the past year as investors rotated back into risk assets. Its market capitalization currently stands at $1.9 trillion, butMorningstaranalyst Michael Miller believes that figure could grow 240% to reach $6.4 trillion by 2032. Forecasts should always be treated with skepticism, but that estimate seems plausible.\nDespite creating substantial wealth in the past, the cryptocurrency market remains quite small compared to the global stock market ($109 trillion) and the global fixed-income market ($135 trillion). Read on to learn why theiShares Bitcoin ETF Trust(NASDAQ: IBIT)is a worthwhile long-term investment for risk-tolerant investors.\nMorningstar believes thecryptocurrencymarket could be worth $6.4 trillion by 2032. That estimate portends substantial upside inBitcoin.\nSpecifically, Bitcoin accounts for 52% of the cryptocurrency market today, and it has been rangebound between 40% and 60% over the last three years. Assuming that pattern holds, a cryptocurrency market worth $6.4 trillion implies a Bitcoin valuation between $2.6 trillion and $3.8 trillion. For context, Bitcoin is currently worth $1 trillion. So the implied upside ranges from 160% to 280% by 2032. Investors can capitalize on that potential price appreciation by purchasing a spot Bitcoin ETF.\nThe Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs earlier this year. Those first-of-their-kind products purchase Bitcoin directly, and therefore track its price precisely. That differs from previously approved Bitcoin futures ETFs, which invest in futures contracts. Those products track the price of Bitcoin much less precisely. For instance, Bitcoin gained 115% over the last 12 months, but theProShares Bitcoin Strategy ETFgained just 60%.\nAdditionally, spot Bitcoin ETFs greatly reduce friction by eliminating the hassle of specialized exchanges and blockchain wallets. That value proposition could bring more retail and institutional investors to the market, driving Bitcoin's price higher. Indeed,MicroStrategyCEO Michael Saylor believes Bitcoin could reach $500,000 in the next decade, implying 900% upside from its current price of $50,000.\nEvery spot Bitcoin ETF should do the same thing: purchase Bitcoin for the fund, divide the fund into shares, and sell those shares on the stock market. That means fees are the most important variable. Listed below are 11 spot Bitcoin ETFs (and their expense ratios) that have been approved by the SEC.\n• Bitwise Bitcoin ETF Trust:0.20%\n• Ark 21Shares Bitcoin ETF:0.21%\n• Fidelity Wise Origin Bitcoin Fund:0.25%\n• iShares Bitcoin Trust:0.25%\n• Valkyrie Bitcoin Fund:0.25%\n• VanEck Bitcoin Trust:0.25%\n• Franklin Templeton Digital Trust:0.29%\n• WisdomTree Bitcoin Trust:0.3%\n• Invesco Galaxy Bitcoin ETF:0.39%\n• Hashdex Bitcoin ETF:0.94%\n• Grayscale Bitcoin Trust:1.5%\nI would eliminate most of those spot ETFs based on high fees, especially the Grayscale Bitcoin Trust. There is simply no reason to pay 1.5% -- meaning the annual fee on a $10,000 portfolio would total $150 -- when identical products can be purchased for less. Most of them have paused their fees for a limited time in order to generate more investor interest in the early going, but these discounts will go away over time.\nNext, I would consider the issuer.BlackRock's iShares Bitcoin Trust stands out because BlackRock is the largest asset manager in the world. To be clear, the issuer matters far less than the fees, but larger issuers like BlackRock may be less prone to liquidity problems created by insufficient demand.\nFor instance, the iShares Bitcoin Trust currently trades at a modest premium to its net asset value, meaning investors are valuing the fund at a slight premium to Bitcoin itself. However, the Grayscale Bitcoin Trust trades at a discount to its net asset value.\nI'll end with a word of caution. Bitcoin has historically been very volatile, and that is unlikely to change. Investors should be comfortable with the idea that the iShares Bitcoin Trust could lose 50% (or more) of its value from time to time in the future.\nShould you invest $1,000 in iShares Bitcoin Trust right now?\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Cryptocurrency ETF to Buy Before the Market Soars 240%, According to a Wall Street Analystwas originally published by The Motley Fool", "Everyone loves milestones, andBitcoin(CRYPTO: BTC)recently hit a big one, surpassing $50,000 for the first time since late 2021. Bitcoin was under $20,000 not even a year ago. An urge to jump on board is understandable, as is a fear of buying Bitcoin after prices crashed a few years ago.\nAfter all, Bitcoin's price still hasn't reached its former high of $68,790.\nDon't let the agony of guessing Bitcoin's short-term price rattle you. If you're in this emotional bind right now, you're looking at things incorrectly. Here is how to look at Bitcoin as an investment and decide whether to buy at its current price.\nBitcoin is similar to stocks in that short-term prices are based on little other than the whims of the market'sbuyers and sellers. Prices go up when more people want to buy Bitcoin and down when they want to sell it. Can you control people? Can you predict what someone else will do tomorrow, next week, or next month? Of course not. Yet people try to guess what day-to-day prices will do, even though the same unpredictable forces are dictating them.\nYou can tradeBitcoinor other cryptocurrencies, but it's just glorified guessing and gambling.\nBe an investor instead.\nInvesting means you believe in a long-term vision of what Bitcoin can become and what will increase its value over time. Ideally, you own Bitcoin because you think more people will use and desire it over time. That increased demand against Bitcoin's capped supply of 21 million coins means that prices will theoretically rise over time.\nIt hasn't been a straight line, but the long-term performance of Bitcoin has created remarkable amounts of wealth already.\nA vision for the future doesn't make Bitcoin a cult. The facts have to match the theory. However, data supports that Bitcoin adoption is gradually spreading.\nAccording to research from BTC Maps, the number of worldwide in-person merchants accepting Bitcoin as payment tripled to more than 6,000 in 2023. That doesn't include Bitcoin ATMs, of which there are an estimated 34,000 worldwide. Companies are also using technology to mak Last 60 Days of Bitcoin's Closing Prices: [43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-21 Financial & Commodity Data: - Gold Closing Price: $2022.30 - Crude Oil Closing Price: $77.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,013,370,243,338 - Hash Rate: 560636963.180819 - Transaction Count: 369949.0 - Unique Addresses: 630339.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the years of investing, I have seen stocks delivering 10x, 20x and even 50x returns. Of course, it does not come overnight. It’s about buying a good idea at the right time and sitting tight. Even if investors make 2x or 3x in a story, there is a big temptation to book profits. However, well-researched ideas with high conviction can be massive wealth creators. The focus of this column is on potential multibaggergrowth stocksto buy. While I have talked about sitting tight for the long term, the risk with growth stocks is high. I would look closely at the business developments to reaffirm my conviction. I am not talking about industry headwinds. Millionaire-maker stocks are those that navigate economic and industry downturns and emerge stronger. Let’s talk about the factors that make these growth stocks interesting to hold until 2030. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com WhenBitcoin(BTC-USD) surged in Q1 2021,Riot Platforms(NASDAQ:RIOT) stock touched highs of $75. While RIOT stock has skyrocketed by over 250% in the last 12 months, the stock trades at roughly $15 per share. I am bullish on Bitcoin making new highs this year and RIOT stock is likely to remain in an uptrend. Crypto experts are betting on Bitcointouching $100,000 by the end of 2024. If this scenario holds true, I expect at least 3x returns from RIOT stock. Riot Platforms has undertaken an aggressive hash rate capacity expansion plan that complements industry tailwinds. To put things into perspective, Riot ended 2023 with a Bitcoin mining capacity of 12.4EH/s. The company expects to boost capacity to 28.8EH/s by the end of the year andfurther to 38.1EH/s by 2025. This would translate into robust revenue and cash flow upside with the Bitcoin rally. With a zero-debt balance sheet and a cash buffer (including digital assets) of $599 million, there are no growth financing concerns. Source: Chesky / Shutterstock.com EHang Holdings(NASDAQ:EH) is among the hottestflying car stocksto buy for multibagger returns. After a strong rally in the first half of 2023, EH stock has remained sideways. This seems like a good accumulation opportunity as EHang prepares for solid growth in the next few years. In a major development, the company’s pilotless passenger-carrying aerial vehiclesuccessfully completed its debut commercial flight demonstrationsin Guangzhou and Hefei. With approval from the Civil Aviation Administration of China, the company is positioned for expansion within China. Further, the company has already conducted39,000 demo and trial flights in 14 countries. This includes countries in Asia and Europe. In the next few years, EHang will likely get approval from different countries which can translate into stellar growth. I also don’t see financing concerns. In Q3 2023, the companyraised $23 million from PIPE investmentfrom strategic investors. The consolidation in EH stock is a good opportunity to accumulate. Source: Nesterenko Maxym / Shutterstock.com Leonardo DRS(NASDAQ:DRS) is another stock that represents a company with exciting growth prospects. DRS stock has trended higher by 51% in the last 12 months. However, at a forward price-earnings ratio of 17, this emerging defense player looks attractive. As an overview, Leonardo is focused on providing defense electronic products and systems. This includes advanced sensing, network computing, force protection, electric power, and propulsion. The first point to note is that Leonardo reported anorder backlog of $4.7 billionfor Q3 2023. On a year-on-year basis, the backlog has increased by 50%. With higher defense spending, I expect backlog growth to be sustained. This will translate into revenue growth acceleration and cash flow upside. It’s worth noting that Leonardo has an available credit facility of $500 million. Further, the leverage is low at 1.4x. This is important to mention as the company has included potential acquisitions as one of the growth strategies. At the same time, Leonardo is investing in innovation. In November 2023, the company received an order for continued production of itsnext-generation thermal weapon sightsfor the U.S. Army. Innovation-driven organic growth will create value in the long term. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • The #1 AI Investment Might Be This Company You’ve Never Heard Of • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post3 Quality Growth Stocks to Buy Under $20 for Multibagger Returnsappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "627.42", "AUM ($, mm)": "434,899.55", "AUM % Change": "0.14%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "335.04", "AUM ($, mm)": "406,556.44", "AUM % Change": "0.08%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "220.32", "AUM ($, mm)": "25,483.24", "AUM % Change": "0.86%"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "216.67", "AUM ($, mm)": "124,496.53", "AUM % Change": "0.17%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "216.44", "AUM ($, mm)": "4,350.42", "AUM % Change": "4.98%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "191.37", "AUM ($, mm)": "6,204.24", "AUM % Change": "3.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "168.95", "AUM ($, mm)": "17,233.34", "AUM % Change": "0.98%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "159.16", "AUM ($, mm)": "45,696.39", "AUM % Change": "0.35%"}, {"Ticker": "VT", "Name": "Vanguard Total World Stock ETF", "Net Flows ($, mm)": "148.24", "AUM ($, mm)": "34,037.48", "AUM % Change": "0.44%"}, {"Ticker": "VXUS", "Name": "Vanguard Total International Stock ETF", "Net Flows ($, mm)": "140.60", "AUM ($, mm)": "65,065.47", "AUM % Change": "0.22%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-2,260.55", "AUM ($, mm)": "247,024.32", "AUM % Change": "-0.92%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,848.22", "AUM ($, mm)": "488,571.77", "AUM % Change": "-0.38%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-1,182.03", "AUM ($, mm)": "31,893.24", "AUM % Change": "-3.71%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "-485.46", "AUM ($, mm)": "2,249.57", "AUM % Change": "-21.58%"}, {"Ticker": "IWB", "Name": "iShares Russell 1000 ETF", "Net Flows ($, mm)": "-302.66", "AUM ($, mm)": "33,787.51", "AUM % Change": "-0.90%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-159.24", "AUM ($, mm)": "12,091.68", "AUM % Change": "-1.32%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-150.44", "AUM ($, mm)": "23,490.33", "AUM % Change": "-0.64%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "-128.32", "AUM ($, mm)": "8,587.98", "AUM % Change": "-1.49%"}, {"Ticker": "SPSB", "Name": "SPDR Portfolio Short Term Corporate Bond ETF", "Net Flows ($, mm)": "-118.80", "AUM ($, mm)": "7,246.99", "AUM % Change": "-1.64%"}, {"Ticker": "SHYG", "Name": "iShares 0-5 Year High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-117.94", "AUM ($, mm)": "5,362.27", "AUM % Change": "-2.20%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "4.90", "AUM ($, mm)": "6,917.61", "% of AUM": "0.07%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "10.84", "AUM ($, mm)": "17,141.66", "% of AUM": "0.06%"}, {"": "Commodities", "Net Flows ($, mm)": "-56.22", "AUM ($, mm)": "122,821.17", "% of AUM": "-0.05%"}, {"": "Currency", "Net Flows ($, mm)": "439.06", "AUM ($, mm)": "41,456.42", "% of AUM": "1.06%"}, {"": "International Equity", "Net Flows ($, mm)": "427.19", "AUM ($, mm)": "1,392,221.35", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "482.52", "AUM ($, mm)": "173,998.13", "% of AUM": "0.28%"}, {"": "Inverse", "Net Flows ($, mm)": "-264.97", "AUM ($, mm)": "14,425.27", "% of AUM": "-1.84%"}, {"": "Leveraged", "Net Flows ($, mm)": "24.41", "AUM ($, mm)": "87,369.59", "% of AUM": "0.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-3,075.70", "AUM ($, mm)": "5,181,056.63", "% of AUM": "-0.06%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-530.44", "AUM ($, mm)": "1,355,777.62", "% of AUM": "-0.04%"}, {"": "Total:", "Net Flows ($, mm)": "-2,538.42", "AUM ($, mm)": "8,393,185.45", "% of AUM": "-0.03%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', "It certainly feels like we're in the midst of a crypto correction these days. Among the best asset classes for investment in the early days of the year, many digital coins and tokens have reversed course in recent days by trading lower.\nThat trend continued on Wednesday, with top coinEthereum(CRYPTO: ETH)down by more than 2% in late afternoon trading and high-profile meme coinDogecoin(CRYPTO: DOGE)sliding at a similar rate. Other altcoins were taking harder hits, includingAxie Infinity(CRYPTO: AXS)andOptimism(CRYPTO: OP), which were heading south at a nearly 6% and almost 11% clip, respectively.\nInterestingly, it seems a major factor driving crypto prices skyward recently might be a reason for them sliding now. SpotBitcoinexchange-traded funds (ETFs)continue to surge in popularity, soaring to multiweek highs in trading action on Tuesday. According to crypto news and analytics site TheBlock.com, the volume of such securities that day reached nearly $2.6 billion.\nInvestors likespot Bitcoin ETFsbecause they provide near-direct exposure to Bitcoin without the hassle of having to manage it. This typically involves opening, funding, and maintaining a specialized crypto trading account and handling the often wonky particulars of digital wallet management. With a spot Bitcoin ETF, all an interested investor needs to do is buy shares through a traditional brokerage.\nAs a group, cryptos also tend to wane when there's hot action in other types of securities. Wednesday was all about tech stocks -- remember those? Much of the investment world was focused particularly on the latest quarterly report published after market hours Wednesday by graphics processing unit (GPU) titanNvidia(spoiler alert; the company did gangbusters in its fourth quarter, beating on both the top and bottom lines).\nWith much action in all manner of tech stocks in advance of that earnings release, it's likely that some crypto-holders did a little reallocating by shifting part of their funds from coins/tokens to tech equities.\nNvidia is likely to stay the investment story for the rest of the week, and those spot Bitcoin ETFs sure aren't going anywhere. Considering that, there's more than a small chance this crypto correction could last for a few more days.\nAs usual in market downturns, though, that would open up opportunities for buying on the slump. Personally, I'll be holding on to my (admittedly tiny) Ethereum position, as that coin is almost certain to be the next digital asset getting the spot ETF treatment. Dogecoin is always somewhat of a dodgy investment given its continued lack of utility and its volatility, but utility plays like Optimism could rise along with the coming of spot Ethereum ETFs.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Nvidia. The Motley Fool has adisclosure policy.\nWhy Cryptocurrencies Like Ethereum and Dogecoin Were Sinking Todaywas originally published by The Motley Fool", 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', '• US stocks closed mixed on Wednesday as traders looked ahead to Nvidia\'s earnings report.\n• The S&P 500 and Dow closed in the green while the Nasdaq finished lower on the day.\n• Investors digested the latest Fed minutes and repriced their expectations for rate cuts in 2024.\nStocks closed mixed on Wednesday\xa0as investors grew anxious ahead of Nvidia\'s highly-anticipated fourth-quarter earnings report. The S&P 500 and Dow closed in the green after earlier losses, while the Nasdaq finished lower on the day.\nNvidia shares continued to slump, declining another 3% on Wednesday after a 4% decline the prior day. The firm will deliver its earnings results after the closing bell. Wall Street analysts expect the firm to have pulled around$20 billion in revenue.\nEven if Nvidia beats that target, it still might not be enough to meet investors\' astronomically high expectations for the stock. The company is among the best-performing names in the Nasdaq Composite, having soared over 200% over the past year.\n"There aren\'t enough superlatives to describe the run the stock has been on since its 2022 lows," Freedom Capital Markets chief global strategist Jay Woods said in a statement on Wednesday, expressing his bullish outlook on the stock. "Can this momentum continue? The answer is simple. Yes. Yes, it can."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 4,981.80, up 0.1%\n• Dow Jones Industrial Average: 38,612.24, up 0.1% (48 points)\n• Nasdaq Composite: 15,580.87, down 0.3%\nIn the meantime, investors digested the minutes from the Fed\'s latest policy meeting. Central bankers expressed some hawkishness over interest rate cuts this year, with most members pointing to "the risks of moving too quickly to ease the stance of policy," the minutes said.\nMarkets pushed back on rate cut expectations for the year. Investors are now pricing in a 29% chance the Fed could begin cutting rates in May, down from a 32% chance priced in yesterday, according to the CME FedWatch tool.\nHere\'s what else is going on today:\n• A blowout earnings report from Nvidiacould actually be bad for stocks, JPMorgan warned.\n• Fed rate hikes are creeping back into the conversationas inflation risks linger in the economy.\n• Here are10 of the most popular hedge funds right now, according to Goldman Sachs.\n• TheMagnificent Seven looks like the Nifty Fifty stock bubblein the 70s, top economist David Rosenberg said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1.05% to $77.85 a barrel.Brent crude, the international benchmark, dipped 0.10% to $82.95 a barrel.\n• Goldslipped 0.01% to $2,024.10 per ounce.\n• The 10-year Treasury yield rose 4 basis-points to 4.323%.\n• Bitcoindipped 1.9% to $51,108.\nRead the original article onBusiness Insider', 'VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, today announces its fiscal first quarter 2024 financial results. All financial references are in Canadian Dollars unless specified otherwise.\nQ1 2024 Financial Results Highlights\n• Q1 2024 results of $9.7 million revenue, $1.5 million operating loss before other items, $7.0 million net income and $0.04 per share\n• 196 bitcoin mined, up 35% from the prior quarter on 0.96 EH/s, up 45% from the prior quarter\n• $3.7 million cash flow from operations, up 163% from the prior quarter\n• Signed agreement with Bitmain Technologies in December to purchase 4,550 T21 190 TH/s bitcoin miners, which is expected to approximately double hashrate to about 2 EH/s\n• Strong balance sheet as of December 31, 2023 with $27.7 million in cash and digital currency, $91.0 million in total assets\nSheldon Bennett, DMG Blockchain Solutions’ Chief Executive Officer, commented, “DMG Q1 2024 results benefitted from the confluence of our 45% higher hashrate and a 30% increase in the quarterly average price of bitcoin versus the prior quarter. With the purchase of 4,550 new 190 TH/s T21 miners and the infrastructure needed to energize those miners, we are positioned to approximately double our electrical infrastructure and hashrate. Regarding our Core+ Blockseer software strategy, we continue to invest in both Bitcoin network software infrastructure and applications, and we remain encouraged regarding the opportunity to monetize bitcoin transactions.”\nQ1 2024 Financial Results Review\nRevenue for the first fiscal quarter ending December 31, 2023 was $9.7 million versus $7.2 million in the prior year period, an increase of 35%, primarily due to the increase in digital currency mining revenues as a result of bitcoin price increasing 100% over the year-ago period to an average of $49,129 in the December quarter. This increase was partially offset by an 81% increase in Bitcoin network difficulty that lowered DMG’s bitcoin generation per EH/s by 37% from the same period last year. In addition, revenue was also partially offset by a loss in net pool revenue of $1.0 million.\nIncome before other items for the three months ended December 31, 2023 was -$1.5 million versus -$5.3 million in the prior year period.\nOperating and maintenance costs for the three months ended December 31, 2023 were $5.1 million as compared to $4.4 million in the same quarter in the prior year. The increase is a result of a rise in utilities expense, driven by expanded digital currency mining operations related to additional miners.\nNet income for the three months ending December 31, 2023 was $7.0 million versus a loss of $7.0 million in the prior year period. The improvement in net income was driven primarily by an increase in unrealized revaluation gain on digital currency, which was a gain of $8.2 million versus a loss of $1.4 million in the prior year period. In addition, it was also driven by an increase in revenue of $2.5 million and a decrease in depreciation of $1.7 million, partially offset by an increase in operating and maintenance costs of $0.7 million all related to the increase in installation of new miners for self-mining. Research costs increased slightly to $0.4 million.\nEarnings per share for the first fiscal quarter ending December 31, 2023 was $0.04 versus -$0.04 in the prior year period.\nAs of December 31, 2023, the Company had cash of $2.2 million, digital currency of $25.5 million and total assets of $91.0 million. For more details, please refer to theCompany’s filings.\nReaders are encouraged to review the Company’s December 31, 2023 quarterly unaudited financial statements and management’s discussion and analysis thereof for a fulsome assessment of the Company’s performance and applicable risk factors, available at www.sedarplus.ca.\nDMG Blockchain Solutions Inc. First Quarter 2024 Financial Results and Corporate Update Call\nThe Company also announces that it will host a conference call to review first quarter 2024 financial results and provide a corporate update on February 22, 2024, at 4:30 pm ET. Participants are asked to pre-register for the call through thislink. Registered participants will receive a Financial Results and Corporate Update Call weblink and dial-in information in their confirmation email.\nAs there will be no live Q&A session, management will address pre-submitted questions during the call. Those wishing to submit a question may do so via [email protected] using the subject line ‘Conference Call Question Submission’ through 2:00 pm ET on February 22, 2024.\nAbout DMG Blockchain Solutions Inc.\nDMG is an environmentally friendly vertically integrated blockchain and data center company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.\nFor more information on DMG Blockchain Solutions visit: www.dmgblockchain.comFollow @dmgblockchain on X and subscribe to DMG\'s YouTube channel.\nFor further information, please contact:\nOn behalf of the Board of Directors,\nSheldon Bennett, CEO & DirectorTel: 516-222-2560Email:[email protected]:www.dmgblockchain.com\nInvestor Relations Contact:Core IR 516-222-2560\nFor Media Inquiries:Jules AbrahamCore [email protected]\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nCautionary Note Regarding Forward-Looking Information\nThis news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, the expected increase in realized hashrate, the deployment of new capacity, the expected arrival of new miners, the expected timelines, the opportunity and plans to monetize bitcoin transactions, the continued investment in Bitcoin network software infrastructure and applications, developing and executing on the Company’s products and services, increasing self-mining, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.\nFuture changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.\nForward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company\'s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG\'s bitcoins; DMG\'s relationships with its customers, distributors and business partners; the inability to add more power to DMG\'s facilities; DMG\'s ability to successfully define, design and release new products in a timely manner that meet customers\' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG\'s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.\nFactors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company\'s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG\'s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.\nDMG Blockchain Solutions Inc.Consolidated Statements of Loss and Comprehensive Loss(Expressed in Canadian Dollars)(Unaudited)\n[["", "", ""], ["", "For the three months ended December 31,", ""], ["", "2023", "", "2022", ""], ["", "$", "", "$", ""], ["Revenue", "9,690,764", "", "7,174,592", ""], ["", "", ""], ["Expenses", "", ""], ["Operating and maintenance costs", "5,147,651", "", "4,408,792", ""], ["General and administrative", "886,061", "", "947,936", ""], ["Stock-based compensation", "368,494", "", "515,130", ""], ["Research", "438,179", "", "431,939", ""], ["Bad debt expense (recovery)", "3,764", "", "63,604", ""], ["Depreciation", "4,341,782", "", "6,090,845", ""], ["Total expenses", "11,185,931", "", "12,458,246", ""], ["", "", ""], ["Operating loss before other items", "(1,495,167)", "", "(5,283,654)", ""], ["", "", ""], ["Other income (expense)", "", ""], ["Interest and other income", "165,781", "", "113,141", ""], ["Gain on disposition of assets", "-", "", "70,429", ""], ["Foreign exchange loss", "(94,585)", "", "(80,976)", ""], ["Loss on fair value of investments", "(609,120)", "", "-", ""], ["Provision of sales tax receivable", "(253,900)", "", "-", ""], ["Unrealized revaluation gain (loss) on digital currency", "8,162,860", "", "(1,415,660)", ""], ["Realized gain (loss) on sale of digital currency", "851,870", "", "(177,162)", ""], ["Gain (loss) on change in fair value of marketable securities", "244,751", "", "(229,522)", ""], ["Net income (loss)", "6,972,490", "", "(7,003,404)", ""], ["", "", ""], ["Other comprehensive income", "", ""], ["Items that may be reclassified subsequently to income or loss:", "", ""], ["Revaluation loss on digital assets", "-", "", "(9,644)", ""], ["Cumulative translation adjustment", "10,082", "", "(256)", ""], ["Net income (loss) and comprehensive income (loss)", "6,982,572", "", "(7,013,304)", ""], ["", "", ""], ["Basic earnings (loss) per share", "$0.04", "", "($0.04)", ""], ["Diluted earnings (loss) per share", "$0.04", "", "($0.04)", ""], ["Weighted average number of shares outstanding", "", ""], ["- basic", "168,147,570", "", "167,519,584", ""], ["- diluted", "170,175,939", "", "167,519,584", ""]]\nDMG Blockchain Solutions Inc.Consolidated Statements of Financial Position(Expressed in Canadian Dollars)(Unaudited)\n[{"": "", "As atDecember 31, 2023(unaudited)": "$", "As atSeptember 30,2023(audited)": "$"}, ["Current", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "2,202,219", "As atSeptember 30,2023(audited)": "1,789,913"}, {"": "", "As atDecember 31, 2023(unaudited)": "3,021,455", "As atSeptember 30,2023(audited)": "2,476,679"}, {"": "", "As atDecember 31, 2023(unaudited)": "25,465,280", "As atSeptember 30,2023(audited)": "17,142,683"}, {"": "", "As atDecember 31, 2023(unaudited)": "162,883", "As atSeptember 30,2023(audited)": "193,512"}, {"": "", "As atDecember 31, 2023(unaudited)": "631,735", "As atSeptember 30,2023(audited)": "386,984"}, {"": "", "As atDecember 31, 2023(unaudited)": "3,738,632", "As atSeptember 30,2023(audited)": "3,451,024"}, {"": "", "As atDecember 31, 2023(unaudited)": "35,222,204", "As atSeptember 30,2023(audited)": "25,440,795"}, ["", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "5,382,519", "As atSeptember 30,2023(audited)": "3,256,324"}, {"": "", "As atDecember 31, 2023(unaudited)": "43,714,797", "As atSeptember 30,2023(audited)": "47,398,585"}, {"": "", "As atDecember 31, 2023(unaudited)": "45,000", "As atSeptember 30,2023(audited)": "45,000"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,612,032", "As atSeptember 30,2023(audited)": "6,446,251"}, {"": "", "As atDecember 31, 2023(unaudited)": "90,976,552", "As atSeptember 30,2023(audited)": "82,586,955"}, ["", "", "", ""], ["LIABILITIES AND SHAREHOLDERS\' EQUITY", "", "", ""], ["Current", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "4,881,577", "As atSeptember 30,2023(audited)": "4,178,104"}, {"": "", "As atDecember 31, 2023(unaudited)": "66,737", "As atSeptember 30,2023(audited)": "64,361"}, {"": "", "As atDecember 31, 2023(unaudited)": "64,754", "As atSeptember 30,2023(audited)": "50,555"}, {"": "", "As atDecember 31, 2023(unaudited)": "1,280,700", "As atSeptember 30,2023(audited)": "1,272,397"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,293,768", "As atSeptember 30,2023(audited)": "5,565,417"}, ["", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "81,606", "As atSeptember 30,2023(audited)": "41,202"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,375,374", "As atSeptember 30,2023(audited)": "5,606,619"}, ["", "", "", ""], ["Shareholders\' Equity", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "111,381,071", "As atSeptember 30,2023(audited)": "110,820,540"}, {"": "", "As atDecember 31, 2023(unaudited)": "45,459,049", "As atSeptember 30,2023(audited)": "45,507,272"}, {"": "", "As atDecember 31, 2023(unaudited)": "125,962", "As atSeptember 30,2023(audited)": "-"}, {"": "", "As atDecember 31, 2023(unaudited)": "159,126", "As atSeptember 30,2023(audited)": "149,044"}, {"": "", "As atDecember 31, 2023(unaudited)": "(72,524,030)", "As atSeptember 30,2023(audited)": "(79,496,520)"}, {"": "", "As atDecember 31, 2023(unaudited)": "84,601,178", "As atSeptember 30,2023(audited)": "76,980,336"}, {"": "", "As atDecember 31, 2023(unaudited)": "90,976,552", "As atSeptember 30,2023(audited)": "82,586,955"}, ["", "", "", ""]]\nDMG Blockchain Solutions Inc.Consolidated Statements of Cash Flows(Expressed in Canadian Dollars)(Unaudited)\n[{"For the three months ended December 31,": "", "2023": "$", "": "", "2022": "$"}, ["OPERATING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Net income (loss) for the period", "2023": "6,972,490", "": "", "2022": "(7,003,404)"}, ["Non-cash items:", "", ""], {"For the three months ended December 31,": "Accretion", "2023": "11,460", "": "", "2022": "11,845"}, {"For the three months ended December 31,": "Depreciation", "2023": "4,338,369", "": "", "2022": "6,090,845"}, {"For the three months ended December 31,": "Share-based payments", "2023": "368,494", "": "", "2022": "515,130"}, {"For the three months ended December 31,": "Unrealized (gain) loss on revaluation of digital currency", "2023": "(8,162,861)", "": "", "2022": "1,415,660"}, {"For the three months ended December 31,": "Unrealized foreign exchange (gain) loss", "2023": "(16,272)", "": "", "2022": "10,353"}, {"For the three months ended December 31,": "Gain on sale of assets", "2023": "-", "": "", "2022": "(70,429)"}, {"For the three months ended December 31,": "Unrealized (gain) loss on marketable securities", "2023": "(244,751)", "": "", "2022": "229,522"}, {"For the three months ended December 31,": "Impairment of investment", "2023": "609,120", "": "", "2022": "-"}, {"For the three months ended December 31,": "Provision for sales tax receivable", "2023": "253,900", "": "", "2022": "-"}, {"For the three months ended December 31,": "Bad debt expense", "2023": "3,764", "": "", "2022": "63,604"}, {"For the three months ended December 31,": "Digital currency related revenue", "2023": "(8,744,492)", "": "", "2022": "(6,671,394)"}, {"For the three months ended December 31,": "Digital currency sold", "2023": "9,445,176", "": "", "2022": "4,128,129"}, {"For the three months ended December 31,": "Realized (gain) loss on sale of digital currency", "2023": "(851,870)", "": "", "2022": "177,162"}, {"For the three months ended December 31,": "Non-cash interest income", "2023": "(164,632)", "": "", "2022": "(113,141)"}, {"For the three months ended December 31,": "Accrued interest", "2023": "-", "": "", "2022": "(129)"}, ["", "", ""], ["Changes in non-cash operating working capital:", "", ""], {"For the three months ended December 31,": "Prepaid expenses and other current assets", "2023": "35,269", "": "", "2022": "(6,848)"}, {"For the three months ended December 31,": "Amounts receivable", "2023": "(781,682)", "": "", "2022": "(748,923)"}, {"For the three months ended December 31,": "Deferred revenue", "2023": "14,302", "": "", "2022": "64,650"}, {"For the three months ended December 31,": "Trade and other payables", "2023": "668,276", "": "", "2022": "636,444"}, {"For the three months ended December 31,": "Net cash provided by (used in) operating activities", "2023": "3,744,420", "": "", "2022": "(1,270,924)"}, ["", "", ""], ["INVESTING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Purchase of property and equipment", "2023": "(381,773)", "": "", "2022": "(350,486)"}, {"For the three months ended December 31,": "Deposits on mining equipment", "2023": "(2,570,515)", "": "", "2022": "-"}, {"For the three months ended December 31,": "Purchase of short-term investment", "2023": "(609,120)", "": "", "2022": "-"}, {"For the three months ended December 31,": "Proceeds on sale of equipment", "2023": "-", "": "", "2022": "70,429"}, {"For the three months ended December 31,": "Proceeds from sublease", "2023": "-", "": "", "2022": "37,012"}, {"For the three months ended December 31,": "Net cash used in investing activities", "2023": "(3,561,408)", "": "", "2022": "(243,045)"}, ["", "", ""], ["FINANCING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Proceeds from option exercises", "2023": "269,776", "": "", "2022": "63,750"}, {"For the three months ended December 31,": "Principal lease payments", "2023": "(40,276)", "": "", "2022": "(64,044)"}, {"For the three months ended December 31,": "Proceeds from secure loan", "2023": "-", "": "", "2022": "950,665"}, {"For the three months ended December 31,": "Netcash provided by financing activities", "2023": "229,500", "": "", "2022": "950,371"}, ["", "", ""], {"For the three months ended December 31,": "Impact of currency translation on cash and cash equivalents", "2023": "(206)", "": "", "2022": "(144)"}, {"For the three months ended December 31,": "Cash and cash equivalents, change", "2023": "412,306", "": "", "2022": "(563,712)"}, {"For the three months ended December 31,": "Cash and cash equivalents, beginning", "2023": "1,789,913", "": "", "2022": "1,247,513"}, {"For the three months ended December 31,": "Cash and cash equivalents, end", "2023": "2,202,219", "": "", "2022": "683,801"}, ["", "", ""]]', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") is pleased to announce the purchase of 1,000 Bitmain S21 Antminers (the "S21"), which would provide 200 petahash per second ("PH/s") of high efficiency Bitcoin mining capacity. The S21 is the newest and most efficient Bitmain Bitcoin mining ASIC system, boasting 17.5 joules per Terahash ("J/TH"). Additionally, HIVE now has 2,070 Bitcoin on the balance sheet as of February 21, 2024.\nHIVE is continuing its strategic preparation for the Bitcoin Halving event, expected to occur in late April 2024. Rather than expanding our footprint at this time, we are upgrading our fleet with the most efficient machines available, which in turn will lower our average costs to produce a Bitcoin.\nBy upgrading our existing ASICs in our inventory to the S21, we will increase our target Exahash from 5.3 EH/s at 24.7 J/TH by the end of June 2024 to 5.5 EH/s by running only our most efficient machines in our 140 MW of operating infrastructure globally. HIVE believes it is important to stay lean during the Halving, as having low fixed costs, and an inventory of highly efficient ASIC we can run at variable load to minimize variable costs, will allow the Company agility, thus putting HIVE in a strong position to navigate the rest of 2024.\nIn addition, we continue to HODL 100% of the Bitcoin we are mining. With the Halving, the Bitcoin block reward will drop from 900 Bitcoin per day, to 450 Bitcoin per day. With this pre-determined scarcity in the Bitcoin ecosystem, along with the strong US Bitcoin ETF inflows, HIVE believes it is prudent to hold a treasury of Bitcoin on our balance sheet.\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.\nHIVE is a growth-oriented technology stock in the emergent blockchain and high-performance computing industry. As a company whose shares trade on major stock exchanges, we are building a bridge between the digital currency and blockchain sectors and traditional capital markets. HIVE owns green energy-powered data center facilities in Canada, Sweden, and Iceland, where we endeavour to source geothermal and hydroelectric energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency and high-performance computing space.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visithttps://hivedigitaltechnologies.com/. Follow@HIVEDigitalTechon X and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd."Frank Holmes"Executive Chairman\nFor further information please contact:Frank [email protected]\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about: business goals and objectives of the Company; the HODL strategy adopted by the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the Company\'s operations and sustainable future profitability; potential further improvements to the profitability and efficiency across mining operations by optimizing cryptocurrency mining output, continuing to lower direct mining operations cost structure, and maximizing existing electrical and infrastructure capacity including with new mining equipment in existing facilities; continued adoption of Bitcoin globally; the potential for the Company\'s long term growth; the business goals and objectives of the Company, and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the Company\'s ability to compete successfully with other cloud computing service providers; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings at www.sec.gov/EDGAR andwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to realize operational efficiencies going forward into profitability; profitable use of the Company\'s assets going forward; the Company\'s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies will be consistent with historical prices; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/198872', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") is pleased to announce the purchase of 1,000 Bitmain S21 Antminers (the "S21"), which would provide 200 petahash per second ("PH/s") of high efficiency Bitcoin mining capacity. The S21 is the newest and most efficient Bitmain Bitcoin mining ASIC system, boasting 17.5 joules per Terahash ("J/TH"). Additionally, HIVE now has 2,070 Bitcoin on the balance sheet as of February 21, 2024.\nHIVE is continuing its strategic preparation for the Bitcoin Halving event, expected to occur in late April 2024. Rather than expanding our footprint at this time, we are upgrading our fleet with the most efficient machines available, which in turn will lower our average costs to produce a Bitcoin.\nBy upgrading our existing ASICs in our inventory to the S21, we will increase our target Exahash from 5.3 EH/s at 24.7 J/TH by the end of June 2024 to 5.5 EH/s by running only our most efficient machines in our 140 MW of operating infrastructure globally. HIVE believes it is important to stay lean during the Halving, as having low fixed costs, and an inventory of highly efficient ASIC we can run at variable load to minimize variable costs, will allow the Company agility, thus putting HIVE in a strong position to navigate the rest of 2024.\nIn addition, we continue to HODL 100% of the Bitcoin we are mining. With the Halving, the Bitcoin block reward will drop from 900 Bitcoin per day, to 450 Bitcoin per day. With this pre-determined scarcity in the Bitcoin ecosystem, along with the strong US Bitcoin ETF inflows, HIVE believes it is prudent to hold a treasury of Bitcoin on our balance sheet.\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.\nHIVE is a growth-oriented technology stock in the emergent blockchain and high-performance computing industry. As a company whose shares trade on major stock exchanges, we are building a bridge between the digital currency and blockchain sectors and traditional capital markets. HIVE owns green energy-powered data center facilities in Canada, Sweden, and Iceland, where we endeavour to source geothermal and hydroelectric energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from Last 60 Days of Bitcoin's Closing Prices: [43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-22 Financial & Commodity Data: - Gold Closing Price: $2019.70 - Crude Oil Closing Price: $78.61 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,015,157,383,200 - Hash Rate: 548449203.1116709 - Transaction Count: 365090.0 - Unique Addresses: 642155.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nov. 3 marked a special 20th anniversary in the history of ETFs—and arguably, one worth a pause in the financial world. On that day in 2003, Barclay’s Global Investors (now part ofBlackRock Inc.) launched theiShares Select Dividend ETF (DVY). It’s acknowledged as one of the firstdividendETFs, if not the first, and today boasts more than $19 billion in assets. But you’d never know that dividend ETF milestone given the breathless chatter about the shiny new object on the block: the spot bitcoin ETF. Investors have poured billions into the 10 new exchange-traded funds since they began trading Jan. 11, taking the focus for a while off the approximately $8 trillion invested in the thousands of U.S.-traded ETFs. If spot bitcoin ETFs turn heads like a supermodel, then dividend ETFs in 2024 might as well be the frump. For example, the spot bitcoin ETFs racked 10% of DVY’s total tallyin three days. Yet to dismiss these ETFs outright would be a shame, especially in the case of theProShares S&P 500 Dividend Aristocrats ETF (NOBL). "Aristocrats" in this case means companies that have increased dividend payments annually for at least 25 years. Behold: NOBL is up 16% over the last three years. How much more reliable does it get than that? As opposed to, say, bitcoin, which is a currency whose creator remains unknown, has no central bank to back it, or any tangible asset supporting its worth unless you count a lots and lots of faith. “In the ever-shifting world of investments, dividend ETFs have been a beacon of stability and income for many,” saidShawn Carpenter, Chairman and CEO of stock tracking app StockAlarm. “They're navigating through the calm and the storms of the market seas.” Yet all that glitters, even though it’s not gold, still has the power to entrance even the most savvy investor. And it remains to be seen whether spot bitcoin ETFs continue a story line as old as the first Bedouin swapping his prized camel for a sparkly-but-fake gem necklace. Fact: Too many investors get sucked in by the thing everyone’s talking about, even if the talk is cheap. Dividend ETFs hardly fit the mold of Uber’s horrible 2019 IPO, or the rash of special purpose acquisition companies, referred to as SPACs, whose offspring have imploded, including Lordstown Motors and Clover Health. Meanwhile, let’s not forget how tech stocks overshadowed the category, especially in post-pandemic times. “Tech stocks' substantial gains made traditional dividend investment yields appear low in comparison,” saidJune Jia, a quantitative researcher at GF Securities and owner of Canny Trading. “However, this situation is not everlasting,” Jia noted. “It's a consequence of the Federal Reserve's highly accommodative monetary policy. With an expected shift towards tighter policy, tech stock yields will likely diminish, bringing dividend investments back into the spotlight.” Arguably, they’ve deserved to be in the spotlight all along, or at least in a strong supporting role. For one investment—be it a spot crypto ETF or a stalwart fund with decades of history—does not a diversified portfolio make. “Many experts see value-oriented equities as extremely attractive as we head into 2024,” saidNick Elward Sr., SVP, Head of Institutional Product and ETFs at Natixis Investment Managers. “Some say these stocks are very cheap relative to growth equities after growth strongly outperformed in 2023. With this valuation gap, some investors are focused on both the capital appreciation and yield opportunity in dividend and options-income ETFs." None of this is to say that spot crypto ETFs won’t realize the promise many investors see, or want to see. That said, you won’t find everyone jumping on this bitcoin bandwagon, including the investment giant Vanguard. It has no plans to enter the fray—though it’s worth noting that the company’s place and success in the dividend ETF world are well established. The Vanguard Dividend Appreciation ETF (VIG)has close to $74 billion in assets and with an expense ratio of just 0.06%, it’s considered both the largest and one of the strongest players in the field. It’s up 10% year over year and dates to 2006—meaning its 20th anniversary is just two years away. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', 'By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', "For the quarter ended December 2023, Block (SQ) reported revenue of $5.77 billion, up 24.1% over the same period last year. EPS came in at $0.45, compared to $0.22 in the year-ago quarter.\nThe reported revenue compares to the Zacks Consensus Estimate of $5.69 billion, representing a surprise of +1.47%. The company delivered an EPS surprise of -22.41%, with the consensus EPS estimate being $0.58.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nAs these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.\nHere is how Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:\n• Gross Payment Volume (GPV): $57.49 billion versus $58.85 billion estimated by seven analysts on average.\n• Revenue- Subscription and services-based revenue: $1.62 billion versus the nine-analyst average estimate of $1.55 billion. The reported number represents a year-over-year change of +24.3%.\n• Revenue- Transaction-based revenue: $1.60 billion compared to the $1.61 billion average estimate based on nine analysts. The reported number represents a change of +8.2% year over year.\n• Revenue- Bitcoin revenue: $2.52 billion compared to the $2.48 billion average estimate based on nine analysts. The reported number represents a change of +37.5% year over year.\n• Revenue- Hardware revenue: $32.46 million versus $39.47 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -8.9% change.\n• Revenue- Corporate and Other- Total: $49.70 million versus $57.52 million estimated by six analysts on average.\n• Revenue- Square- Total: $1.81 billion versus $1.92 billion estimated by six analysts on average.\n• Revenue- Square- Hardware revenue: $32.46 million compared to the $40.18 million average estimate based on five analysts.\n• Revenue- Square- Subscription and services-based revenue: $293.16 million compared to the $387.33 million average estimate based on five analysts.\n• Revenue- Square- Transaction-based revenue: $1.49 billion versus $1.48 billion estimated by five analysts on average.\n• Revenue- Cash App- Bitcoin revenue: $2.52 billion compared to the $2.45 billion average estimate based on five analysts.\n• Revenue- Cash App- Transaction-based revenue: $108.99 million versus the five-analyst average estimate of $123.72 million.\nView all Key Company Metrics for Block here>>>Shares of Block have returned +3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nBlock, Inc. (SQ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", '(Bloomberg) -- Reddit Inc. filed for an initial public offering, revealing the social media platform’s shrinking losses and helping to propel a still-tenuous resurgence in US listings.\nMost Read from Bloomberg\n• A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists\n• BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini\n• Freddie Mercury’s London Residence Lists at £30 Million\n• Jacob Rothschild, Financier and Philanthropist, Dies at 87\nThe San Francisco-based company, in what is set to be one of the biggest listings of the year, filed Thursday with the US Securities and Exchange Commission to move ahead with an IPO, more than two years after first submitting its plan confidentially.\nReddit won’t disclose proposed terms for the IPO, including its valuation in a listing, until a later filing. The company has been advised to consider a valuation of at least $5 billion in an IPO and could begin marketing the shares as soon as March, Bloomberg News has reported.\nReddit, founded in 2005, averaged 73.1 million daily active unique visitors in the fourth quarter, according to the filing. It became an icon of the so-called meme-stock era after a forum on the site, WallStreetBets, jolted the stock market.\nThe company reported a net loss of $90.8 million on revenue of $804 million in 2023, compared with a net loss of $158.6 million on revenue of $666.7 million a year earlier.\nAmer Sports, Arm\nThe company is a high-profile addition to the year’s roster of newly and soon-to-be public companies. Thirty-four firms have raised more than $7.1 billion in IPOs on US exchanges since Jan. 1, according to data compiled by Bloomberg. The biggest of those listings was the $1.57 billion offering by Amer Sports Inc. in January.\nShares of those companies have gained more than 14% on a weighted average basis. That contrasts with semiconductor designer Arm Holdings Plc and three other companies that went public in September and October and fell below their IPO prices, putting a quick end to an anticipated rebound in listings after a two-year slowdown.\nArm, whose $5.23 billion offering was the biggest of the year, has since rocketed 152%. Excluding Arm, though, the 166 companies that raised about $21 billion last year have gained an average of only 13%, the data show.\nMarket Test\nReddit could be 2024’s first major test of the market for a technology startup backed by venture capital. The company, which has raised $1.38 billion, was valued at $10 billion after a 2021 financing round, according to data provider PitchBook. Its filing follows by one day that of another such startup, Astera Labs Inc.\nRead More: Reddit Leads Class of 2024 IPO Candidates Testing the Water\nIts listing will be watched closely by IPO candidates such as Microsoft Corp.-backed data security start up Rubrik Inc. and health-care payments company Waystar Technologies Inc.\nReddit co-founder and Chief Executive Officer Steven Huffman said in a signed letter included in the filing that the company has many opportunities to grow both the platform and the business.\nAdvertising & AI\n“Advertising is our first business, and advertisers of all sizes have discovered that Reddit is a great place to find high-intent customers that they aren’t able to reach elsewhere,” Huffman said. “Advertising on Reddit is rapidly evolving, and we are still in the early phases of growing this business.”\nReddit said it’s in the early stages of allowing third parties to license access to data on the platform, including to train artificial intelligence models. The company said that in January it entered into data licensing arrangements with an aggregate contract value of $203 million and terms ranging from two to three years. It expects a minimum of $66.4 million of revenue from those agreements this year, according to the filing.\nOn Thursday, Reddit separately announced a deal with Alphabet Inc.’s Google, allowing Google’s AI products to use Reddit data to improve their technology. Large language models often need vast troves of human-generated content to improve.\nThe company will set aside shares in the IPO to be bought by users and moderators who created accounts before Jan. 1, according to the filing. The amount of stock to be allotted in the directed share program will be disclosed later. Those shares won’t be subject to a lockup period, meaning the owners can sell them on the opening day of trading.\nThat program could be a way for Reddit to generate enthusiasm for the stock, said Greg Martin, co-founder of Rainmaker Securities. Based on the company’s revenue, Martin said he expects Reddit to have a hard time reaching the $4.8 billion valuation it’s traded at in the private secondaries market.\n“It’s clear that sophisticated investors won’t be excited about buying into the public debut, likely explaining why Reddit will be offering shares to their users, to have stock supporters and get fans to prevent a negative meme stock phenomenon,” Martin said.\nNewhouse Ownership\nReddit’s largest shareholder is Advance Magazine Publishers Inc., part of the Newhouse family publishing empire that owns Conde Nast, which bought Reddit in 2006 and spun it out in 2011. It holds 34% of the voting power before the offering, the filing shows.\nHuffman owns shares giving him 3.5% of the voting power. That includes Class B shares that will have 10 votes each compared with one each for the Class A shares to be sold in the IPO, the filing shows. Huffman also has a voting proxy agreement with Advance.\nOther large shareholders include Chief Operating Officer Jennifer Wong, as well as FMR LLC and entities affiliated with OpenAI Chief Executive Officer Sam Altman, Tencent Holdings Ltd., Vy Capital and Quiet Capital and Tacit Capital, according to the filing.\nHuffman’s fellow co-founder, venture capitalist Alexis Ohanian, isn’t listed among the investors with stakes of 5% or more and isn’t named elsewhere in the filing.\nRead More: OpenAI’s Altman Listed as Major Reddit Shareholder\nReddit has made investments in cryptocurrencies, though the digital assets held in treasury are limited to those recognized by the SEC as likely not being securities, the filing shows. It invested some of its excess cash reserves in Bitcoin and Ether, and acquired Ether and Matic as a form of sales payment for some virtual goods.\nThe offering is being led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Bank of America Corp. The company plans for its shares to trade on the New York Stock Exchange under the symbol RDDT.\n--With assistance from Priya Anand and Bailey Lipschultz.\n(Updates with Alexis Ohanian in third from last paragraph)\nMost Read from Bloomberg Businessweek\n• Elon Musk’s Vegas Tunnel Project Has Been Racking Up Safety Violations\n• Transcript: Did Musk Buy Twitter to Keep His Movements Secret?\n• The High Cost of Eating Out in America\n• Hong Kong’s Hottest New Store Is the Costco in Shenzhen\n• Why Elon Musk Bought Twitter in the First Place\n©2024 Bloomberg L.P.', '• Stocks closed at record highs Thursday as Nvidia\'s stellar earnings lifted the broader market.\n• Nvidia gained more than 16% in the session amid investors\' unbridled AI enthusiasm.\n• The S&P 500 closed at a record high of 5,087.03. The Nasdaq was up almost 3%.\nUS stocks soared on Thursday, led by a more than 15% spike in shares of Nvidia.\nThe huge rally helped lift the broader market, with the Dow Jones Industrial Average topping 39,000 for the first time, and the S&P 500 notching a fresh record of 5,087.05.The Nasdaq made its biggest one-day advance in a year, gaining nearly 3%.\nNvidia crushed its earnings report after hours on Wednesday, and the company shared upbeat guidance for the year ahead, reportingtotal revenue climbed 265%year-over-year in the fourth quarter.\nWall Street\'s enthusiasm for the chip makeris hard to overstate. Goldman Sachs called Nvidia the "most important stock in the world" and Wedbush\'s Dan Ives reiterated his moniker for chief executive Jensen Huang as the "godfather of AI."\nOverseas, Japan\'s stock market is also being lifted by the AI boom.The Nikkei index hit its first record in 34 years, as chip stocks help the country\'s equity investors shrug off broader economic malaise. Japan is a recession, with GDP data showing the economy shrank 0.4% last quarter.\nMarkets are operating against a backdrop of an uncertain policy outlook, and forecasters are awaiting the Federal Reserve\'s next move. Jerome Powell so far has proved capable of nearly landing the economy, but he and his fellow central bankers must now decide how to ease interest rateswithout allowing for a rebound in inflation or a recession.\n"The longer the Fed stays in the danger zone of higher-for-longer, the risks of a crash or hard landing go up," James McCann, deputy chief economist with Abrdn, told Business Insider in a Thursdayinterview. "They are so close to pulling off this soft landing, and there\'s an understanding that they can\'t leave policy too tight for too long."\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,087.03, up 2.11%\n• Dow Jones Industrial Average:39,069.11, up 1.18% (+456.87 points)\n• Nasdaq Composite:16,041.62, up 2.96%\nHere\'s what else is going on:\n• Jefferies saidIndia\'s stock marketwill soar to $10 trillion by 2030.\n• Nvidia just added anentire Netflixto its market value.\n• A strategist said a recession is coming andstocks could plunge 26%.\n• ECB said bitcoin\'s fair value is zero.\n• JPMorgan said the US is heading toward stagflation, which would bebad news for stocks.\nIn commodities, bonds, and crypto:\n• Oil prices climbed, withWest Texas Intermediateup 0.82% to $78.55 a barrel.Brent crude, the international benchmark, moved up 0.71% to $83.62 a barrel.\n• Goldedged lower 0.07% to $2,033.90 per ounce.\n• The10-year Treasury yieldwas about flat at 4.325%.\n• Bitcoinclimbed 1.25% to $51,638.\nRead the original article onBusiness Insider', 'Two European Central Bank (ECB) officials are doubling down on their criticism of Bitcoin despite the recent surge in price and the approval of spot Bitcoin ETFs in the US. Ulrich Bindseil and Jürgen Schaaf, writing in ablog post, dismiss the developments as mere noise and reiterate their long-held stance that Bitcoin\'s "fair value is still zero."\nTheir skepticism comes despite the success of the Bitcoin ETFs, which have attracted over $3 billion in net flows and fueled speculation about an Ethereum ETF. They argue that the enthusiasm is misplaced and that Bitcoin\'s current price and market capitalization simply reflect the "social damage" that will occur when the bubble bursts.\nThis isn\'t the first time Bindseil and Schaaf have voiced their concerns about Bitcoin. In November 2022, theydeclaredit on the "road to irrelevance," citing slow and expensive transactions, unsuitable investment characteristics, and environmental concerns related to mining. They further criticize Bitcoin for its alleged history of price manipulation and fraud. Bitcoin has gained almost 200% since their blog post was published.\nTheir latest blog post has sparked strong reactions on Crypto Twitter, with some users expressing disbelief and others engaging in heated debates.', 'Two European Central Bank (ECB) officials are doubling down on their criticism of Bitcoin despite the recent surge in price and the approval of spot Bitcoin ETFs in the US. Ulrich Bindseil and Jürgen Schaaf, writing in ablog post, dismiss the developments as mere noise and reiterate their long-held stance that Bitcoin\'s "fair value is still zero."\nTheir skepticism comes despite the success of the Bitcoin ETFs, which have attracted over $3 billion in net flows and fueled speculation about an Ethereum ETF. They argue that the enthusiasm is misplaced and that Bitcoin\'s current price and market capitalization simply reflect the "social damage" that will occur when the bubble bursts.\nThis isn\'t the first time Bindseil and Schaaf have voiced their concerns about Bitcoin. In November 2022, theydeclaredit on the "road to irrelevance," citing slow and expensive transactions, unsuitable investment characteristics, and environmental concerns related to mining. They further criticize Bitcoin for its alleged history of price manipulation and fraud. Bitcoin has gained almost 200% since their blog post was published.\nTheir latest blog post has sparked strong reactions on Crypto Twitter, with some users expressing disbelief and others engaging in heated debates.', "Block(NYSE: SQ)Q4 2023 Earnings CallFeb 22, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block fourth quarter 2023 earnings conference call. I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our fourth quarter 2023 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward-looking. These forward-looking statements include discussions of our outlook and guidance as well as our long-term targets and goals, and we may decide to shift our priorities or move away from these targets and goals at any time.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nThese statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered as an indication of future performance. Please take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ.\nAlso, note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further, a discussion during this call of Cash App's banking services refer to those offered through our bank partners. Within these remarks, we will also discuss metrics related to our investment framework, including rule of 40.\nWith rule of 40, we are evaluating the sum of our gross profit, profit growth, and adjusted operating income margins. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our Investor Relations website. These non-GAAP measures are not intended to be a substitute for our GAAP results.\nFinally, this call in its entirety is being audio webcast on our Investor Relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Chairman and Chief Executive Officer\nThank you all for joining us. Last quarter, I focused our shareholder letter on how we're going to grow Square through four priorities. This quarter, our letter is about Cash App's strategy and our goal to become one of the top providers of banking services to households in the U.S. If you haven't yet, please read that letter for details.\nAs we did last quarter, to maximize time for your questions, we're going to focus our opening remarks on Amrita providing more details on the financials. Over to Amrita.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. There are two broad topics I'd like to cover. First, where we've been, in particular, our performance for the full year and fourth quarter of 2023 where we saw strong growth and meaningful improvements in profitability, driving progress against our investment framework. Second, where we're headed, our expectations for 2024, our guidance for the first quarter, recent trends we've seen, and ways we'll look to drive improvements on rule of 40.\nLet's start with our strong growth and efficiency in 2023 as we continue to drive toward our rule of 40 target in 2026. We ended 2023 with $7.5 billion in gross profit for the year, up 25% year over year or 24% on a combined company basis. Our heightened focus on efficiency helped us improve profitability during the year. Adjusted EBITDA was $1.79 billion, up 81% year over year and 24% margin on gross profit, our highest ever.\nAdjusted operating income, which as a reminder, includes expenses related to stock-based compensation and depreciation, was $351 million, our highest yet, representing a 5% margin on gross profit and compared to a loss of $145 million a year ago. Cash flow generation also improved this year as adjusted free cash flow for 2023 was $515 million, up from negative $346 million a year ago. Taking the components together, we achieved rule of 29 in 2023 on a combined company basis, which was a few points higher than our guidance as of the third quarter. The other component of our investment framework is gross profit retention, which shows our ability to retain a customer over time and is an indication of whether our products, pricing, and support are valued by our customers.\nDuring 2023, Square and Cash App each achieved positive gross profit retention in aggregate across our annual cohorts. Where cohorts saw strength in software and banking offset softness in processing volumes during the year, Cash App benefited from growth in inflows per active, driven by financial services products and monetization from pricing changes. In the fourth quarter, gross profit was $2.03 billion, up 22% year over year. Adjusted EBITDA was $562 million and adjusted operating income was $185 million, both higher than our guidance, driven by continued discipline in discretionary spend.\nOn a GAAP basis, operating loss of $131 million was impacted by a goodwill impairment of $132 million, expenses of $70 million primarily related to our recent organizational restructuring, and lease impairment restructuring expenses of $34 million. Also, as a reminder, starting in the fourth quarter, we restructured our commerce efforts by moving our BNPL platform fully into Cash App. We are reflecting this change in our fourth quarter and 2023 gross profit results as well as prior periods. Let's get into the drivers for each of Square and Cash App in the fourth quarter.\nSquare generated $828 million in gross profit, up 18% year over year. Square GPV was up 10% year over year in the fourth quarter. While we experienced positive acquisition and stable churn of existing sellers compared to prior periods, GPV per seller continued to be affected by slower discretionary spend in the U.S. And consistent with what we shared last quarter, we've also seen a lower gross profit contribution from ramping cohorts of sellers.\nWithin our card-not-present volumes, we saw solid growth in online volumes, up 11% year over year. This was partially offset by a decline in manual keyed entry or MKE volumes, where a seller manually enters card information into a payment device either in person or over the phone. This has been an ongoing trend with MKE volume now representing just 13% of Square GPV in the fourth quarter of 2023 compared to more than 16% two years prior. We expect the headwind from MKE transactions to remain for some time, although its impact should moderate as we expect software-enabled payments to become an increasing driver of our business.\nWhile Square GPV growth has moderated, driven by GPV per seller and MKE declines, our banking products and vertical point-of-sale solutions delivered strong growth with gross profit from these products up 28% and 27% year over year, respectively. Cash App generated $1.18 billion in gross profit in the fourth quarter, an increase of 25% year over year. Looking at the components of the inflows framework, which as a reminder, does not include our BNPL platform, as of December, Cash App had 56 million monthly transacting actives, up 9% year over year. Inflows per transacting active averaged $1,137 in the fourth quarter, up 8% year over year, driven by increasing adoption of our financial services products over the past year.\nCash App Card continued to increase its scale and introduced customers to financial services within Cash App. Cash App Card reached 23 million monthly actives, representing more than 40% of our total active base in December and growing 20% compared to the prior year, more than twice as fast as overall monthly transacting actives. Monetization rate was 1.48%, up nine basis points year over year and five basis points quarter over quarter. Improvement from the third quarter was driven by a number of factors, including an increase in Bitcoin gross profit from pricing changes implemented during the quarter.\nTurning to our BNPL platform, which contributed $242 million of gross profit to Cash App in the fourth quarter. GMV from our BNPL platform was $8.6 billion in the fourth quarter, up 25% year over year, driven by strength across our pay-in-four offering as well as single-use payments, which allows customers in the U.S., U.K., and Australia to shop via the Afterpay merchants we don't have a direct relationship with and pay using BNPL. Losses on consumer receivables were 1% of GMV, consistent with historical ranges. As Jack included in his letter, integrating commerce payments tools is a key focus for us next year, and we see powering BNPL through Cash App Card as a significant opportunity.\nTurning to our guidance. We have committed to achieving our rule of 40 target in 2026. Our primary objective in 2024 is to deliver an improvement from the rule of 29 we achieved in 2023 on a combined company basis. To achieve this, we have put forward an initial guidance that we intend to exceed by at least one point of outperformance during the year, either on gross profit growth or adjusted operating income margin, or both.\nAs we did last year, we are working to identify growth opportunities and additional efficiencies that further progress us toward rule of 40. For the full year 2024, we are expecting at least $8.65 billion in gross profit or at least 15% growth year over year. By ecosystem, we expect Cash App to grow faster than Square but for growth to moderate from 2023 as we lap pricing changes and other initiatives that improved our cost structure. As we look to 2024 and beyond, we are focusing our efforts on driving engagement through product adoption and product velocity.\nWithin Square, we expect software and integrated payments and banking to be continued drivers of growth. We believe the work we put toward our new strategic priorities and the investment behind several go-to-market initiatives can improve seller acquisition over the next few years. On profitability, we are raising our full-year guidance and now expect adjusted operating income of at least $1.15 billion compared to our preliminary guide of $875 million and adjusted EBITDA of at least $2.63 billion versus $2.4 billion. This represents year-over-year margin expansion of approximately nine points on adjusted operating income and seven points on adjusted EBITDA.\nAs we continue to focus on managing costs, we expect to achieve leverage on share-based compensation expenses as a percentage of gross profit compared to 2023. This guidance on growth and profitability is based on the visibility we have into our business today with no significant changes to the macro environment. Lastly, our guidance for the first quarter of 2024. We expect to deliver between $2 billion to $2.02 billion in gross profit or 17% growth at the midpoint.\nFor Square, we expect gross profit and GPV to moderate slightly compared to the fourth quarter's 18% and 10%, respectively. So, far this year, weather has periodically impacted Square GPV in the U.S. and particularly in January, where we saw it drive a three- to four-point moderation in growth as certain regions experienced impacts to in-person volumes, particularly within food and drink and retail. For Cash App, we expect growth to be driven by active and inflows per active in the first quarter.\nWe expect the gross profit growth rate to moderate compared to the fourth quarter's 25% as we'll be lapping tougher comparisons. Looking at profitability, we plan to deliver both quarter-over-quarter and year-over-year growth with adjusted operating income of $225 million to $245 million and adjusted EBITDA of $570 million to $590 million. The respective midpoints represent margins of 12% and 29% and year-over-year growth of 361% and 57%, demonstrating our continued focus on driving profitable growth. With that, I'll now turn it back to the operator to start the Q&A portion of the call.\nOperator\nThank you. [Operator instructions] Your first question comes from the line of Tien-Tsin Huang from JPMorgan. Please go ahead.\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nThank you. So, you acted really quickly here on costs. I want to ask how quickly you can attack growth in '24. Really, product velocity is the question here.\nIn your letter, Jack, you talk about closing product gaps in Cash App and reclaiming leadership in engineering and design of Square. How quickly can you get there? And when might we see some measurable benefits to growth in '24? Thanks.\nJack Dorsey--Chairman and Chief Executive Officer\nYeah. Across the board, in every one of our business units, we've been going through an exercise in order to simplify how we work so we can move much faster. And that's inclusive of Square and Cash App and TIDAL and TBD. So, you should expect a much higher product velocity across the board.\nWith Square in particular, we've been doing a lot of platform work. This is our No. 1 priority to ensure that we can move much faster with some features and future gaps that have held us back from certain customers, namely with food and bev. We have, for example, pre-auth coming this year.\nAnd when these platform elements unlock, it'll just kind of unlock a whole bunch of speed across restaurants, retail, services. And I believe we'll be able to push really hard and see really good outcomes. On the Cash App, where we're going to benefit a lot from is the focus on the banking relationships. We've been focused a lot of our -- we've been pulling the thread, I should say, on banking relationships for quite some time.\nAnd we have proven out the model with the success of the Cash App Card. And it's really focused a lot of our efforts in order to, as I said in the shareholder letter, banker base. So, our strategy is to make sure that we are the best choice and the first choice for anyone looking who's making under $150,000 to see Cash App as their primary bank. And that has to do -- one of the biggest signals is that the majority of their direct deposit is going into Cash App.\nSo, we're going to move very fast because we have a much more focused road map and a road map against banking in particular. And as we said in the letter in a lot of detail, I think we'll see very positive outcomes from that focus, and it allows us to go to Parts 2 and 3 of that strategy, which is on families and also becoming a social bank. Cash App is inherently social. We have this incredible network effect through starting with peer-to-peer.\nAnd we have this opportunity to make it even more social and really look deeply at the local payments and local commerce in particular. And that's where the intersection with Square comes into play. We're going to start putting our Square customers first and foremost in the Cash App, and you really see the power of our combined ecosystems and the combined network.\nAmrita Ahuja--Chief Financial Officer\nAnd I'd just add, Tien-Tsin, just to tie this together with our 2024 outlook, our guidance philosophy is to guide based on our current run rate trends in our business, what we're seeing in the business quarter to date as of earnings, and the known expense and growth levers that we've incorporated into our plan entering the year. So, a lot of the refocused strategy and key growth initiatives that we're discussing are not included in our 2024 expectations, given how recent they are and that they're -- they provide us with opportunities to outperform relative to this initial guidance. Whether it's a product platform or go-to-market experimentation within the Square business or the Cash App's bank the base strategy, we're hard at work at each of those elements, and we expect those to deliver for us as we get into later into the year in 2025 and beyond but still early days.\nOperator\nYour next question comes from the line of Timothy Chiodo from UBS. Please go ahead.\nTimothy Chiodo--UBS -- Analyst\nGreat. Thank you for taking the question. I want to dig in a little bit to the Square distribution approach. You've talked about building out the vertical outbound sales teams and also potentially experimenting with local in-market sales teams, and also saw in the shareholder letter, you mentioned the revamped referral program.\nBut maybe you could expand upon how Square views the potential to partner with banks and ISOs, so adding bank partners for distribution, adding ISOs to get broader coverage across the nation, and the various considerations and how you sort of view the potential for that in the future. Thank you.\nJack Dorsey--Chairman and Chief Executive Officer\nYep. We're definitely open on this. We tried this in the past in our first few years as a company. As many of you know, JPMorgan Chase was one of our earliest investors, our Series B.\nAnd we had Square readers in every single branch in the United States. It wasn't that effective. I think that particular strategy just did not work because the expectation of the customer coming in, especially for business banking, for whatever reason was off. That's not to say that all these channels don't work.\nObviously, it does work for a few of our competitors. And we're certainly open to them and open to exploring them. I think the biggest thing that is really important for Square is certainly the -- our go-to-market approach, but our product itself is where I want to put a lot of our focus. One of the things that we're doing soon is we're -- right now, we have about four or five apps in the App Store.\nIt's pretty confusing to direct people to the App Store and when they get there really, it's a function of Apple's search results as to whether they find us or not, the app they need, especially if they're a restaurant or retail or a services organization. So, what we're going to do is we're going to go back to having one app. It's just going to be called Square. And we can easily say to anyone that you can go to Square, or you can download Square.\nYou have everything you need. The interface and navigation and features will dynamically shift based on the type of merchant you say you are and shift over time as you get more and more sophisticated with the software. And we can also obviously help folks with our sales team to guide them through. But I think generally, it would be a whole lot simpler.\nWe have massive success with self-serve. And as we do add referral engines and be more targeted with them, specifically within food and beverage and restaurants, having a much simpler way to get the app, to use it, and to get up and started, whether you're a micro merchant, just one person, sole proprietorship, or all the way up to multi-location, multi-country. So, that's the goal, and we'll realize all that this year. And I think that's really going to unlock a ton of growth and make anything that we do from a distribution standpoint, whether it be through ISOs or bank partnerships or what I think is more important through our targeted channels for restaurants and services and retail, it's going to make it that much better.\nAnd most importantly, we'll focus on retaining, which is a big aspect. The other thing that I think will help us retain, which is a core part of our strategy No. 4 is banking. We have nine products within the market.\nThey're only going to get stronger. It's the thing that truly differentiates us from our peers. And we not only have an ecosystem that serves our entire business, but we have the equivalent of a business banking account. Just like there's JPMorgan Chase branches that they're going to in the past, they can get a card, they can get a credit card, they can get a line of credit, they can get a loan as we've been doing for quite some time.\nAnd that it's integrated all into one stack with one app download is hugely unique and also hugely important to our sellers. So, I think it's going to be amazing.\nTimothy Chiodo--UBS -- Analyst\nThank you, Jack.\nOperator\nYour next question comes from the line of Darrin Peller from Wolfe Research. Please go ahead.\nDarrin Peller--Wolfe Research -- Analyst\nHey, guys, thank you. Just to hone in a little bit more on Direct Deposit. It obviously is moving to the forefront around Cash App for your strategy on it. And look, I mean, we obviously see a notable set of banking assets you've been able to package for your MAUs.\nBut if you could just expand on what you see actually driving adoption or accelerated adoption of Direct Deposit now, getting that 2 million to, say, 5 million or 10 million users versus, I know there's been some prior attempts to make that happen. And then, Jack, maybe just what time frame would you consider a success on this front in terms of an incremental maybe 5% or 10% of Cash App users taking on Direct Deposit?\nJack Dorsey--Chairman and Chief Executive Officer\nI think the biggest driver is going to be easy connected banking features that just work and that people can trust. We want to make sure that people see Cash App as reliable, as dependable, as something that they trust. They're only in their full direct deposit of their paycheck with. And trust is the one input but a big factor of that is the output.\nSo, what can I actually do with it? And the Cash App Card has been one of our most successful products within Cash App. It's extremely easy to get a card. It's extremely easy to personalize it, to use it, to change it, to give it to family members. So, there's a lot that's attractive there.\nThere are some gaps that we're missing that traditional banks offer that we do not. But really, the road map is filling those gaps and doing so in an intuitive, well-designed way that feels fresh and benefits from technology to give time back to the customer. And then as people see that and as people use it and they talk with their friends and their family about it, that's the growth. That's how Direct Deposit grows.\nAnd people, again, trust us more and more to put more of their paycheck in the Cash App because they know they can use it in very traditional ways that are reliable but also entirely new ways, and it all fits together perfectly and seamlessly. So, expectations, we want to move as fast as possible. The fact that we're no longer focusing on expanding globally for right now, that we're focusing on banking our base in the United States, it's going to allow us to move much faster. And I think we'll see how comes much faster than we have traditionally.\nAnd this is the base foundation for our other two priorities, which is moving more upmarket with families, which we've seen some early positive signs from, and then really going after -- being a social bank starting with peer-to-peer, but expanding beyond that and really getting in the neighborhoods and local communities and focusing a lot more on commerce. So, all these tools add up to a desire, we believe, to put more and more money with Cash App and use it there, and hopefully, more and more becomes 100%.\nAmrita Ahuja--Chief Financial Officer\nAnd Darrin, just to go a little bit deeper on some of the actual features that we think will be compelling for customers, we've got a bunch of features. We're rolling out more features to give customers an experience beyond what's available to the market today. So, today, we think our Direct Deposit offering is differentiated with no fees or minimums, early direct deposit availability, and the benefit of our active money being in the broader Cash App ecosystem where they can send, spend on Cash App Card, or Cash App Pay, Investit, etc. We're also focused on the new products and features that drive engagement.\nSo, for example, we recently launched free overdraft coverage up to a certain amount. We introduced yield on savings balances and allowed for automatic paycheck distributions. So, we're prioritizing launching products that customers expect from us before they start bringing in more of their money. Today, it's about 2 million paycheck deposit actives as of December, about 3% of our monthly actives, but this will be one of the key KPIs along with broader inflows per active that we're focused on driving forward as part of our bank-to-base strategy.\nDarrin Peller--Wolfe Research -- Analyst\nThat's great. Thanks, guys.\nOperator\nYour next question comes from the line of Mike Ng from Goldman Sachs. Please go ahead.\nMike Ng--Goldman Sachs -- Analyst\nHey, good afternoon. Thank you very much for the question. I think your 2024 outlook implies opex growth of about 4%. Would you just discuss your confidence in being able to achieve that at least 15% gross profit growth against the backdrop of this tight cost management? And then what signals are you looking for in the signing, whether to invest in opex more aggressively again? Thank you.\nAmrita Ahuja--Chief Financial Officer\nI can start maybe with a reminder of kind of the key areas of operating expense leverage that we've been pursuing and which we believe still continue to have opportunity against. And that those constraints are clarifying for us actually in supporting further scoping prioritization and operational excellence in how our teams operate. But the key categories being, one, personnel. Obviously, you heard from us last quarter our constraint around people, which at the 12,000-person cap, which we're currently operating under and expect to for some time.\nThat unlocks a tremendous amount of leverage for us both from a non-GAAP operating expense perspective as well as leverage from an SBC perspective, and you see that reflected in our expectations for 2024. And that constraint, again, is what leads to stronger prioritization and focus in the areas that will impact our customers the most and ultimately lead to profitable growth. The other key focus area for us is around corporate overhead expenses, where we've already seen opportunity to get more efficient, whether it's things like third-party spend vendors, real estate, T&E, data and cloud fees, professional fees, etc. We have an opportunity to continue to refine how we operate to make sure that we are operating with the greatest amount of discipline, constraint, and efficiency.\nAnd then as we look longer term, of course, there are new technologies like AI that we can be leveraging in-house not only in terms of the product that we're serving our customers but that deliver efficiency to our teams internally, whether it's customer service or sales or engineering and design. And then, of course, structural costs, which we've already made some headway on with some partner renegotiations last year, but we'll continue to pursue in terms of unit economic improvement across our base of products. So, there are a number of different areas for us that we've already been digging deep into, and for us to continue to do that, that actually support our opportunity to continue to grow our platforms and grow our overall gross profit.\nMike Ng--Goldman Sachs -- Analyst\nGreat. Thank you.\nJack Dorsey--Chairman and Chief Executive Officer\nSorry, the two things I would add to that is it's just to emphasize what Amrita said about AI. I mean, you all have been hearing AI constantly in all these calls in terms of efficiency, but it's going to be extremely impactful for us as we look at everything that we're doing and all the tools that we're building and how much more productive it makes all of our engineers, and Last 60 Days of Bitcoin's Closing Prices: [43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-23 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,002,571,397,250 - Hash Rate: 645951283.6648567 - Transaction Count: 409204.0 - Unique Addresses: 679759.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday. Gensler called the approvals "the most sustainable path forward" in a statement issued just after the agency issued the decisions eagerly awaited by the crypto industry and investors. For full coverage of bitcoin ETFs, clickhere. "We did not approve or endorse bitcoin," Gensler said. "Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto." In fact, he said that bitcoin "is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion and terrorist financing." And Gensler sought to make it clear that these ETF sign-offs don't pave the way for any further action from the U.S. securities regulator. "It should in no way signal the commission’s willingness to approve listing standards for crypto asset securities," he said. "Nor does the approval signal anything about the commission’s views as to the status of other crypto assets under the federal securities laws or about the current state of non-compliance of certain crypto asset market participants with the federal securities laws." Bitcoin is the only digital asset that Gensler routinely acknowledges is not a security, maintaining that the vast majority of other tokens fit the legal definition of securities that are rightfully under the SEC's jurisdiction. Another of the five SEC commissioners, Caroline Crenshaw, dissented from the approvals. "They put us on a wayward path that could further sacrifice investor protection," she saidin a statement. "I cannot agree that these actions serve either our statutory or foundational investor protection mandates." Commissioner Hester Peirce, a steady supporter of the crypto industry over the years,praised the decisionsas "the end of an unnecessary, but consequential, saga." She said that "the only material change since we last denied a similar application was a judicial rebuke," referring to the SEC's loss against Grayscale in the U.S. Court of Appeals for the District of Columbia.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "2,809.13", "AUM ($, mm)": "491,911.32", "AUM % Change": "0.57%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,829.94", "AUM ($, mm)": "244,722.88", "AUM % Change": "0.75%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,760.30", "AUM ($, mm)": "61,907.02", "AUM % Change": "2.84%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "501.54", "AUM ($, mm)": "23,450.78", "AUM % Change": "2.14%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "404.77", "AUM ($, mm)": "8,594.09", "AUM % Change": "4.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "353.46", "AUM ($, mm)": "17,327.19", "AUM % Change": "2.04%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "342.24", "AUM ($, mm)": "6,993.08", "AUM % Change": "4.89%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "324.21", "AUM ($, mm)": "14,961.05", "AUM % Change": "2.17%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "298.71", "AUM ($, mm)": "61,715.24", "AUM % Change": "0.48%"}, {"Ticker": "VCLT", "Name": "Vanguard Long-Term Corporate Bond ETF", "Net Flows ($, mm)": "260.41", "AUM ($, mm)": "6,407.08", "AUM % Change": "4.06%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-429.82", "AUM ($, mm)": "31,839.18", "AUM % Change": "-1.35%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-226.02", "AUM ($, mm)": "9,462.36", "AUM % Change": "-2.39%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-199.33", "AUM ($, mm)": "22,760.92", "AUM % Change": "-0.88%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-196.51", "AUM ($, mm)": "19,856.91", "AUM % Change": "-0.99%"}, {"Ticker": "IEF", "Name": "iShares 7-10 Year Treasury Bond ETF", "Net Flows ($, mm)": "-177.76", "AUM ($, mm)": "27,570.84", "AUM % Change": "-0.64%"}, {"Ticker": "NZAC", "Name": "SPDR MSCI ACWI Climate Paris Aligned ETF", "Net Flows ($, mm)": "-158.89", "AUM ($, mm)": "107.01", "AUM % Change": "-148.48%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-137.31", "AUM ($, mm)": "11,601.74", "AUM % Change": "-1.18%"}, {"Ticker": "VSS", "Name": "Vanguard FTSE All-World ex-US Small-Cap ETF", "Net Flows ($, mm)": "-135.16", "AUM ($, mm)": "8,335.33", "AUM % Change": "-1.62%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-131.40", "AUM ($, mm)": "53,929.08", "AUM % Change": "-0.24%"}, {"Ticker": "SOXS", "Name": "Direxion Daily Semiconductor Bear 3X Shares", "Net Flows ($, mm)": "-126.37", "AUM ($, mm)": "815.71", "AUM % Change": "-15.49%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-4.39", "AUM ($, mm)": "6,934.30", "% of AUM": "-0.06%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-1.57", "AUM ($, mm)": "17,096.90", "% of AUM": "-0.01%"}, {"": "Commodities", "Net Flows ($, mm)": "-227.00", "AUM ($, mm)": "123,466.46", "% of AUM": "-0.18%"}, {"": "Currency", "Net Flows ($, mm)": "-33.06", "AUM ($, mm)": "41,055.61", "% of AUM": "-0.08%"}, {"": "International Equity", "Net Flows ($, mm)": "719.29", "AUM ($, mm)": "1,395,519.12", "% of AUM": "0.05%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "28.43", "AUM ($, mm)": "173,960.18", "% of AUM": "0.02%"}, {"": "Inverse", "Net Flows ($, mm)": "-507.11", "AUM ($, mm)": "14,011.39", "% of AUM": "-3.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "985.98", "AUM ($, mm)": "86,997.01", "% of AUM": "1.13%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,629.36", "AUM ($, mm)": "5,164,598.51", "% of AUM": "0.15%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "650.60", "AUM ($, mm)": "1,356,827.28", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "9,240.53", "AUM ($, mm)": "8,380,466.75", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', "\nLawsuit called data demand 'contrived'\n\nU.S. seeking data to assess grid reliability risks\n(Adds plaintiff comment in paragraph 9)\nBy Clark Mindock and Laila Kearney\nFeb 23 (Reuters) - The U.S. Department of Energy (DOE) on Friday agreed to temporarily suspend its emergency survey of energy use by cryptocurrency miners following a lawsuit by bitcoin miner Riot Platforms and an industry group.\nThe DOE's statistical arm, the U.S. Energy Information Administration (EIA), will halt its mandatory survey for a month and sequester the data it had already received after it began collecting information from bitcoin miners on Feb. 5, the agency said in a Friday notice to a Texas federal court.\nRiot Platforms and the Texas Blockchain Council had sued the Biden administration in that court on Thursday seeking to block the survey, which they said could harm businesses by forcing them to divulge confidential and sensitive information.\nThe EIA had said the information is needed to assess concerns that cryptocurrency miners' increased use of electricity, spurred by high bitcoin prices, could pose an imminent threat to energy grid reliability.\nThe plaintiffs claimed in their lawsuit that bitcoin mines, which use large amounts of electricity for computing and cooling data processing centers, can actually improve reliability since they can be quickly shut down to offset spikes in energy demand during severe weather that can cause blackouts.\nThey said the emergency demand from EIA was based on “speculation and conjecture” that bitcoin mining is likely to present a threat to the power grid, and failed to follow proper public notice and comment requirements under federal paperwork reduction and administrative laws. They asked the court for a permanent injunction prohibiting EIA from requesting the data without first complying with the law.\n“This is a case about sloppy government process, contrived and self-inflicted urgency and invasive government data collection,” the plaintiffs said.\nTexas is a hub for bitcoin mining activity, according to the lawsuit. Texas Bitcoin Council has 25 members with mines in the state including Riot Platforms.\nA spokesperson for the plaintiffs said they are encouraged by the government's Friday announcement, but that it falls short of the relief they are seeking.\nDigital cryptocurrency miners have come under scrutiny in recent years due to their potential impact on power grids, greenhouse gas emissions and energy-intensive operations, which have been estimated to use more electricity than the entire country of Norway.\nThe EIA compiles data on U.S. energy output and use across the economy, and said in January that its survey would focus on where mining growth is concentrated, the electricity sources they use and how power demand for cryptocurrency mining is changing in order to develop rigorous estimates of the industry's power usage for policymakers and others. (Reporting by Clark Mindock and Laila Kearny in New York; Editing by Alexia Garamfalvi, Daniel Wallis and Sonali Paul)", '• US stocks traded mixed as tech stocks took a breather after a brief S&P 500 surge past 5,100.\n• Major indexes ended the week high, propelled by AI-driven euphoria.\n• Investors next week will get fresh data on the health of the US economy.\nUS stocks closed mixed on Friday after the S&P 500 benchmark index briefly crossed 5,100 for the first time.\nThe stock rally was more muted Friday after the sugar-rush that propelled stocks into record territory after Nvidia\'s boom-time earnings release on Thursday. Still, the Dow Jones Industrial Average notched a new all-time closing highs, while the S&P 500 briefly crossed 5,100 for the first time ever.\n"Yesterday\'s market rally, just in terms of price action, did much to assuage fears that the AI theme was a passing phase," Quincy Krosby from LPL Financial said in a note on Friday.\nThat AI-driven euphoria has been able to lift markets without imminent rate cuts in sight, which was a key theme for stocks in the past few months.\n"Next week\'s roster of data, including the durable goods and personal income/personal spending report will be important for assessing the strength of the broader economy," Krosby noted.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,088.80, up 0.03%\n• Dow Jones Industrial Average:39,131.53, up 0.16% (+62.42 points)\n• Nasdaq Composite:15,996.82, down 0.28%\nHere\'s what else is going on:\n• Russia\'s economy is so driven by the warin Ukraine that it cannot afford to either win or lose, one economist says.\n• The more Americans that take Ozempic, thefaster the US economy will grow, Goldman Sachs says.\n• These are thetop 10 holdingsof Bill Gates\' $42 billion stock portfolio.\n• Short-seller Jim Chanoswarns Nvidia\'s epic growth is cannibalizing Big Tech— as the chip titan\'s value surges by $1 trillion in 4 months.\n• Americans\'"love affair" with the stock marketis stronger than ever\n• "Magnificent 7" tech stocks aredangerously dominant— and recession\'s still a real risk, top economist warns.\nIn commodities, bonds, and crypto:\n• Oil prices fell, withWest Texas Intermediatedown 2.6% to $76.54 a barrel.Brent crude, the international benchmark, dipped 2.4% to $81.66 a barrel.\n• Goldrose 0.8% to $2,046.90 per ounce.\n• The10-year Treasury yieldslipped 7 basis points to 4.252%.\n• Bitcoinedged lower by 1.69% to $51,056.\nRead the original article onBusiness Insider', "Now that the initial euphoria around the new spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst forBitcoin: the halving event in April. According to a growing number of analysts, this could really send its price soaring.\nIn fact, according to Bitcoin ETF issuerGrayscale(NYSEMKT: GBTC), the impact of this halving could exceed any of the three previous Bitcoin halvings. But is that really the case? There are three key reasons this event might end up disappointing crypto investors.\nAs we've seen with thespot Bitcoin ETFs, the market is getting a lot smarter about pricing in the impact of each new Bitcoin event. If you subscribe to the efficient markets hypothesis, which says that the market efficiently prices in new information about any asset, then this is exactly what you would expect.\nIn the case of the Bitcoin ETFs, the market had a good grip on when they should come along, as well as which firms were likely to win approval from the Securities and Exchange Commission (SEC). So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan. 10.\nThe market had already priced in the effect of this move. In the six months from June 2023 to January 2024, the price of Bitcoin soared in anticipation. Thus, when the news finally came, Bitcoins prices actually headed lower -- not higher, as many people had thought. As it turned out, the preliminary gains were a bit too optimistic in the short term.\nSo, could the same thing happen again, this time with the halving? At the end of last year, some analysts were already starting to predict that some of the halving impact had already been priced in. This makes sense, given how much attention Bitcoin now has from Wall Street and big institutional investors.\nThe halving is no longer a surprise event for them, as it might have been back in 2012, 2016, or even 2020. It's a highly predictable thing with several cycles of historical precedent. And the crypto market is no longer as inefficient as it was just a few years ago.\nWithin the Grayscale report on the Bitcoin halving, one of the most interesting sections was an analysis of the overall macroeconomic situation during the time of each halving.\nThe halving events of 2012, 2016, and 2020 lined up with important macroeconomic events that might have had much more to do with the price of Bitcoin soaring than the halving itself.\nTake the May 2020 halving, for example. The market was coping with the shock of the pandemic, and a new wave of government stimulus money helped to prop up investment markets. Some people took their stimulus checks and put them all into crypto. So when Bitcoin eventually surged to an all-time high in November 2021, was it due to the halving, or to the broader macroeconomic situation?\nAll of which is to say that investors might be falling into the correlation/causation trap. They see three distinct periods when Bitcoin rallied, and the natural assumption is that there must be some sort of causation going on. Maybe there's not.\nLastly, just because Bitcoin has rallied three times after three halving events does not mean that it is going to happen again, just like clockwork. It's like flipping a coin three times, getting heads each time, and assuming that there is a greater than 50% chance of it being heads on the fourth flip.\nAnd remember: Bitcoin is scheduled to undergo halving cycles every four years from now until 2140. Does anyone really think that Bitcoin will hit a new all-time high in each of the next 30 or so halving cycles? At some point, the effect will likely vanish.\nGranted, Grayscale makes several noteworthy points in its report on the Bitcoin halving. For example, it says that the new spot Bitcoin ETFs are a factor that has never existed in previous halving cycles. This matters because the demand for Bitcoin from these ETFs should soak up any selling pressure that might occur from Bitcoin miners as a result of the halving.\nEven if you think that the halving will have a significant impact on the price of Bitcoin, just remember that the price gains after a halving usually take 12 to 18 months. Consider the past halving: It took place in May 2020, but Bitcoin didn't reach its all-time high of $69,000 until November 2021 -- a full 18 months later. As a result, don't expect a sudden jump in the price of Bitcoin from its current level of around $50,000.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Create Overnight Millionaires?was originally published by The Motley Fool", "Now that the initial euphoria around the new spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst forBitcoin: the halving event in April. According to a growing number of analysts, this could really send its price soaring.\nIn fact, according to Bitcoin ETF issuerGrayscale(NYSEMKT: GBTC), the impact of this halving could exceed any of the three previous Bitcoin halvings. But is that really the case? There are three key reasons this event might end up disappointing crypto investors.\nAs we've seen with thespot Bitcoin ETFs, the market is getting a lot smarter about pricing in the impact of each new Bitcoin event. If you subscribe to the efficient markets hypothesis, which says that the market efficiently prices in new information about any asset, then this is exactly what you would expect.\nIn the case of the Bitcoin ETFs, the market had a good grip on when they should come along, as well as which firms were likely to win approval from the Securities and Exchange Commission (SEC). So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan. 10.\nThe market had already priced in the effect of this move. In the six months from June 2023 to January 2024, the price of Bitcoin soared in anticipation. Thus, when the news finally came, Bitcoins prices actually headed lower -- not higher, as many people had thought. As it turned out, the preliminary gains were a bit too optimistic in the short term.\nSo, could the same thing happen again, this time with the halving? At the end of last year, some analysts were already starting to predict that some of the halving impact had already been priced in. This makes sense, given how much attention Bitcoin now has from Wall Street and big institutional investors.\nThe halving is no longer a surprise event for them, as it might have been back in 2012, 2016, or even 2020. It's a highly predictable thing with several cycles of historical precedent. And the crypto market is no longer as inefficient as it was just a few years ago.\nWithin the Grayscale report on the Bitcoin halving, one of the most interesting sections was an analysis of the overall macroeconomic situation during the time of each halving.\nThe halving events of 2012, 2016, and 2020 lined up with important macroeconomic events that might have had much more to do with the price of Bitcoin soaring than the halving itself.\nTake the May 2020 halving, for example. The market was coping with the shock of the pandemic, and a new wave of government stimulus money helped to prop up investment markets. Some people took their stimulus checks and put them all into crypto. So when Bitcoin eventually surged to an all-time high in November 2021, was it due to the halving, or to the broader macroeconomic situation?\nAll of which is to say that investors might be falling into the correlation/causation trap. They see three distinct periods when Bitcoin rallied, and the natural assumption is that there must be some sort of causation going on. Maybe there's not.\nLastly, just because Bitcoin has rallied three times after three halving events does not mean that it is going to happen again, just like clockwork. It's like flipping a coin three times, getting heads each time, and assuming that there is a greater than 50% chance of it being heads on the fourth flip.\nAnd remember: Bitcoin is scheduled to undergo halving cycles every four years from now until 2140. Does anyone really think that Bitcoin will hit a new all-time high in each of the next 30 or so halving cycles? At some point, the effect will likely vanish.\nGranted, Grayscale makes several noteworthy points in its report on the Bitcoin halving. For example, it says that the new spot Bitcoin ETFs are a factor that has never existed in previous halving cycles. This matters because the demand for Bitcoin from these ETFs should soak up any selling pressure that might occur from Bitcoin miners as a result of the halving.\nEven if you think that the halving will have a significant impact on the price of Bitcoin, just remember that the price gains after a halving usually take 12 to 18 months. Consider the past halving: It took place in May 2020, but Bitcoin didn't reach its all-time high of $69,000 until November 2021 -- a full 18 months later. As a result, don't expect a sudden jump in the price of Bitcoin from its current level of around $50,000.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Create Overnight Millionaires?was originally published by The Motley Fool", "The crypto ecosystem has gone through several dramatic changes in the past few years. In 2020 and 2021, the industry was driven by hype and speculation only to crash in 2022 and early 2023. There was no better example of this hype cycle thanSolana(CRYPTO: SOL).\nIt peaked at more than $250 per token and dropped below $10 per coin after the collapse of FTX. But this continues to be one of the lowest-cost and highest-throughput blockchains in the crypto ecosystem, and if you think the innovation and disruption of crypto is from utility and not just speculation, this is still a cryptocurrency to hold long term.\nThe health of a blockchain can be seen in the activity of developers and users. This can be judged by developer activity. Solana reports 2,500 to 3,000 developers consistently, short of onlyEthereum(CRYPTO: ETH)at about 6,000 developers.\nOn the user side, transactions per second is a great gauge of how much activity there is on a blockchain. Solana averages between 3,000 and 4,000 transactions per second compared to a blockchain like Ethereum at around 13 transactions per second.\nThese two factors together will give you an idea of the health of the blockchain itself. If developers are building it and users are using it, the blockchain has a likely chance of growing in the future.\nWe have seen billions of dollars flow into the crypto industry over the past month after the approval of spotBitcoinexchange-traded funds (ETFs) by the Securities and Exchange Commission. This led to speculation that Ethereum will be the next to get an ETF and more cryptocurrencies may follow.\nSolana could get an ETF if Ethereum is approved. It has similar characteristics and smart contracts to Ethereum and has strong institutional and consumer interest.\nBut I don't think it's likely Solana will hold a place like Bitcoin in the crypto ecosystem. Bitcoin is more like digital gold that investors simply want to hold long term, whereas Solana is more of a utility coin for the blockchain. But there could be buyers for both kinds of assets.\nThe one downside of Solana is the coin itself is not as important to the ecosystem as it is to something like the Ethereum blockchain. Yes, there's a proof-of-stake element to Solana, but a lot of transactions simply happened withUSDCstablecoin as the medium of exchange.\nThe future of Solana may be driven by a USDC-denominated token or some other fiat-backed token, and not the Solano cryptocurrency that we see today. This may mean less upside with the cryptocurrency itself, despite being the native coin to the blockchain.\nGiven all of these factors, I think the biggest reason to be bullish on Solana long term is the fact that this is where innovation development and transactions are taking place on the blockchain today. There's more activity and innovation on Solana than almost any other blockchain. And activity and USDC we are using the Solana blockchain for normal financial transactions without even knowing it in the future. That will be a truly disruptive future, and is a great reason to buy Solana.\nIs it too late? I don't think it is.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nTravis Hoiumhas positions in Ethereum and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nIs It Too Late to Buy Solana?was originally published by The Motley Fool", 'Cathie Woodand her team at Ark Invest focus exclusively on disruptive technology. And one of the biggest disruptors of the past 15 years isBitcoin(CRYPTO: BTC)and the idea of ablockchain.\nBitcoin opened the door for developers to create numerous cryptocurrencies with varying degrees of utility. However, Wood and her team believe there\'s still a lot to like about the original cryptocurrency. They see several catalysts that could drive the price of Bitcoin higher.\nThe biggest factor that could push Bitcoin\'s price higher in 2024 is adoption by institutional investors. Ark believes that if the $250 trillion in global investable assets allocated an optimal amount to Bitcoin, it would send the price of the cryptocurrency to $2.3 million. That\'s a 4,500% increase from the price today, around $52,000.\nBitcoin has proven to be a good diversifying asset for investors over the past few years. It exhibits moderate price correlation with equities and even less correlation with other asset classes. In other words, the price of Bitcoin isn\'t tied closely with price fluctuations in other assets like stocks or bonds. As such, Ark Invest argues, it belongs in investment portfolios to maximize risk-adjusted returns.\nArk\'s analysts found the optimal exposure to Bitcoin in 2023 to maximize risk-adjusted returns would have been 19.4% of a portfolio. If that percentage of all the investable assets in the world flowed into Bitcoin, the cryptocurrency would have a market cap of around $48.5 trillion. Its current market cap hovers around $1 trillion. Factor in the slowing increase in Bitcoin supply from continuing mining, and you get a price of $2.3 million.\nIt\'s important to note Ark\'s optimal portfolio allocations may be a bit skewed, as they\'re backward-looking. While looking to the past for an idea of historical norms can be valuable, investors should also consider whether the past is a good representation of the future based on the current state of financial markets and other macroeconomic factors. After climbing 150% in 2023, Bitcoin might not offer the same risk/reward profile it did at the start of last year.\nArk offers some more reasonable global asset allocations for Bitcoin. The average optimal allocation for Bitcoin at the start of each year since 2013 is 4.8%. If investment managers target that number, Bitcoin\'s price should rise to about $550,000. If investors allocate just 1% of their portfolios to Bitcoin, Ark sees the price climbing to $120,000, which is still more than double today\'s price.\nImportantly, it\'s now easier than ever for institutional investors to add exposure to Bitcoin. The launch of spot Bitcoin exchange-traded funds (ETF) in January, including Ark\'s ownArk 21Shares Bitcoin ETF(NYSEMKT: ARKB), provides an easy way to manage Bitcoin in a portfolio. It could also open the door for investors to add exposure in retirement accounts like IRAs and 401(k)s.\nThat could be just one of several major catalysts for driving demand for the limited supply of the cryptocurrency.\nOn top of the increased ease of adding Bitcoin to a portfolio through spot ETFs, Ark sees a couple more reasons we may be at the start of another bull market for Bitcoin.\nFirst, a technical indicator Ark created called the on-chain market mean shows Bitcoin\'s price climbing above the indicator\'s threshold level late last year. Historically, breaking above the on-chain market mean has signaled the early stages of a bull market.\nAnother catalyst is the halving later this year. The block reward paid to miners for successfully confirming a block will go from 6.25 Bitcoin to 3.125 Bitcoin, probably in April. That will slow the rate of growth in Bitcoin\'s supply. The last halving in May of 2020 coincided with a bull market.\nArk Invest stresses the importance of maintaining a long-term outlook for Bitcoin investors. "Instead of \'when,\' the better question is \'for how long?\'" they write. They point out that holding Bitcoin for at least five years has resulted in profits for any investor throughout history. That said, Bitcoin is still trading below the highs it set in 2021.\nWhile Ark\'s $2.3 million price target may be very aggressive, it\'s not unreasonable to expect Bitcoin to climb higher from here. Given the catalysts of the spot Bitcoin ETFs driving demand among a wider group of investors and the slower rate of supply growth from the upcoming halving, there could still be room for the current bull market to run.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nAdam Levyhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 4,500%, According to Cathie Wood\'s Ark Investwas originally published by The Motley Fool', 'Warren Buffett, in his firstannual letterto shareholders since Charlie Munger’s death, credited his longtime partner for “being the architect” ofBerkshire Hathaway.\nMunger, who passed away in late November, became vice chairman at the conglomerate in 1978. But well before then, he was providing crucial advice about running the company.\nBuffett wrote that in 1965, Munger told him to “forget about ever buying another company like Berkshire,” but now that he had control of it, to “add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices.”\nBuffett followed his instructions.\nAfter Munger joined Berkshire, he repeatedly “jerked me back to sanity when my old habits surfaced,” Buffett wrote. “Until his death, he continued in this role and together we, along with those who early on invested with us, ended up far better off than Charlie and I had ever dreamed possible.”\nAside from advising Buffett, Munger also made key decisions that turbo-charged Berkshire’s success. His best call, hesaid a year ago, was an investment in the Chinese automakerBYD, which recently overtookTeslain global sales of electric vehicles.\nAfter backing BYD at Munger’s urging, Berkshire watched the value of its 2008 investment in the carmaker surge from $230 million to $9.5 billion 14 years later.\n“I have never helped do anything at Berkshire that was as good as BYD,” Mungersaidduring the annual meeting at the Daily Journal Corp., where he served as a director.\nMunger was also known for his colorful language and candid remarks. He called Bitcoin “rat poison” and likened other cryptocurrencies to a type of “venereal disease.” Last year, he wrote in theWall Street Journalthat the federal governmentshould banthe entire industry, describing a cryptocurrency as “a gambling contract with a nearly 100% edge for the house.”\nBuffett suggested that Munger’s role at Berkshire was far more important than most outsiders realized.\n“In reality, Charlie was the ‘architect of the present Berkshire, and I acted as the ‘general contractor’ to carry out the day-by-day construction of his vision,” Buffet wrote.\nHe added, “Charlie never sought to take credit for his role as creator but instead let me take the bows and receive the accolades. In a way his relationship with me was part older brother, part loving father. Even when he knew he was right, he gave me the reins, and when I blundered he never—never—reminded me of my mistake.”\nLater in the letter, Buffett bemoaned the dearth of worthwhile acquisition targets,noting thatthe mere “handful” of U.S. firms capable of moving the needle for Berkshire “have been endlessly picked over by us and by others.”\nIn the meantime, however, Berkshire’s cash hoard grew to a record $167.6 billion in the fourth quarter.\nThis story was originally featured onFortune.com', 'LONDON, February 24, 2024--(BUSINESS WIRE)--OrdinalsBot, a premier technology infrastructure company which provides API solutions for Bitcoin Ordinals and BRC-20s, has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream, a new service launched byMarathon Digital Holdings(NASDAQ: MARA). This Bitcoin block represents a historical moment for the industry, being the first full supply of a BRC-20 token to be minted in a single transaction.\nThis historic block is the first full supply of a BRC-20 token minted in a single transaction, showcasing the potential for a more dynamic Bitcoin blockchain. The block also includes a large file and a collection, not possible to achieve with standard transactions.\nOrdinalsBot’s work with Marathon Digital Holdings also represents an important moment for the Bitcoin ecosystem, as both companies combine their expertise to develop innovative solutions that further enrich the ecosystem. The collaboration is anticipated to further accelerate OrdinalsBot’s growth trajectory.\nToby Lewis, cofounder of OrdinalsBot, said, "It has been excellent working with the Marathon Digital Holdings team, and we believe we are on the verge of creating unprecedented value for the entire Bitcoin ecosystem."\nJullian Duran, product lead at Marathon Digital Holdings, said, "OrdinalsBot are leaders in the space who are working to innovate Bitcoin transacting. We appreciate their support of Slipstream, and we look forward to future collaborations."\nThe BRC-20 token mined in this particular block is a new utility token for the OrdinalsBot platform. Trio will be launched to help drive growth of the platform and adoption of their technology across the sector. Trio, one of the first BRC-20 utility tokens, is engineered to augment the capabilities of the OrdinalsBot tool for users in the Bitcoin ecosystem, fostering new opportunities for developers and users alike.\nBrian Laughlan, Co-Founder of OrdinalsBot, commented, "BRC-20 introduced a new paradigm for fungible tokens with its fair mint mechanism, where people can only mint a specified max amount per transaction. The downside of this is that it makes it almost impossible for a project to take full control of their token supply. Via Slipstream, anyone can mint the full supply in one transaction."\nOrdinalsBot has achieved notable growth, securing $1.5 million in pre-seed funding last year. Investors and advisors include Kestrel0x1, Sora Ventures, UTXO Management, Sebastien Borget (co-founder of Sandbox), Domo (inventor of the BRC-20 protocol), and others. The company’s commitment to providing state-of-the-art inscription services and developer tools has been recognized by clients and industry experts.\nLooking forward, OrdinalsBot is preparing to launch several projects that promise to significantly contribute to the company’s expansion and enhance customer value.\n"Our commitment to innovation in the Bitcoin Ordinals space remains unwavering," Brian Laughlan added. "Projects we have in the pipeline are set to solidify our position as a premier infrastructure provider, enabling developers and transforming data inscription on the blockchain."\nFor press enquiries, please contact:[email protected].\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240221359459/en/\nContacts\nJournalists:For further information regarding the partnership between OrdinalsBot and Marathon Digital Holdings, please contact:Brian LaughlanCo-Founder, [email protected] LewisCo-Founder, [email protected] Digital Holdings Media Contact:[email protected]', 'LONDON, February 24, 2024--(BUSINESS WIRE)--OrdinalsBot, a premier technology infrastructure company which provides API solutions for Bitcoin Ordinals and BRC-20s, has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream, a new service launched byMarathon Digital Holdings(NASDAQ: MARA). This Bitcoin block represents a historical moment for the industry, being the first full supply of a BRC-20 token to be minted in a single transaction.\nThis historic block is the first full supply of a BRC-20 token minted in a single transaction, showcasing the potential for a more dynamic Bitcoin blockchain. The block also includes a large file and a collection, not possible to achieve with standard transactions.\nOrdinalsBot’s work with Marathon Digital Holdings also represents an important moment for the Bitcoin ecosystem, as both companies combine their expertise to develop innovative solutions that further enrich the ecosystem. The collaboration is anticipated to further accelerate OrdinalsBot’s growth trajectory.\nToby Lewis, cofounder of OrdinalsBot, said, "It has been excellent working with the Marathon Digital Holdings team, and we believe we are on the verge of creating unprecedented value for the entire Bitcoin ecosystem."\nJullian Duran, product lead at Marathon Digital Holdings, said, "OrdinalsBot are leaders in the space who are working to innovate Bitcoin transacting. We appreciate their support of Slipstream, and we look forward to future collaborations."\nThe BRC-20 token mined in this particular block is a new utility token for the OrdinalsBot platform. Trio will be launched to help drive growth of the platform and adoption of their technology across the sector. Trio, one of the first BRC-20 utility tokens, is engineered to augment the capabilities of the OrdinalsBot tool for users in the Bitcoin ecosystem, fostering new opportunities for developers and users alike.\nBrian Laughlan, Co-Founder of OrdinalsBot, commented, "BRC-20 introduced a new paradigm for fungible tokens with its fair mint mechanism, where people can only mint a specified max amount per transaction. The downside of this is that it makes it almost impossible for a project to take full control of their token supply. Via Slipstream, anyone can mint the full supply in one transaction."\nOrdinalsBot has achieved notable growth, securing $1.5 million in pre-seed funding last year. Investors and advisors include Kestrel0x1, Sora Ventures, UTXO Management, Sebastien Borget (co-founder of Sandbox), Domo (inventor of the BRC-20 protocol), and others. The company’s commitment to providing state-of-the-art inscription services and developer tools has been recognized by clients and industry experts.\nLooking forward, OrdinalsBot is preparing to launch several projects that promise to significantly contribute to the company’s expansion and enhance customer value.\n"Our commitment to innovation in the Bitcoin Ordinals space remains unwavering," Brian Laughlan added. "Projects we have in the pipeline are set to solidify our position as a premier infrastructure provider, enabling developers and transforming data inscription on the blockchain."\nFor press enquiries, please contact:[email protected].\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240221359459/en/\nContacts\nJournalists:For further information regarding the partnership between OrdinalsBot and Marathon Digital Holdings, please contact:Brian LaughlanCo-Founder, [email protected] LewisCo-Founder, [email protected] Digital Holdings Media Contact:[email protected]', 'ZiFi Token announces a strategic partnership with $SATS, a leading project in the BRC20 ecosystem, to integrate $SATS as the Layer 2 gas fee on its upcoming BRC20 swap, enhancing liquidity and trading efficiency.\nVancouver, Canada , Feb. 24, 2024 (GLOBE NEWSWIRE) -- ZiFi Token (Zero Inflation), a pioneering project in the DRC20 space, is proud to unveil its latest strategic partnership with $SATS, one of the most successful projects within the BRC20 protocol. This technical collaboration marks a significant milestone for both projects, promising to revolutionize the trading experience within the BRC20 ecosystem.\nAs part of this partnership, ZiFi Token and $SATS will work closely to integrate $SATS as the Layer 2 (L2) gas fee on ZiFi Token\'s upcoming BRC20 swap. Leveraging the strengths of both projects, this integration aims to streamline transactions, reduce costs, and enhance liquidity within the BRC20 network.\n"We are thrilled to announce our partnership with $SATS, a globally recognized project within the BRC20 ecosystem,"said the founder of ZiFi Token."This collaboration underscores our commitment to delivering innovative solutions and enhancing the trading experience for our users."\nWith ZiFi Token\'s market capitalization currently under 200K and $SATS surpassing 900M, this partnership represents a significant milestone for both projects. The technical integration of $SATS as the L2 gas method on ZiFi Token\'s upcoming BRC20 swap is poised to unlock new opportunities for growth and development within the crypto space.\nFurthermore, ZiFi Token is set to integrate BRC20 on its upcoming decentralized exchange (DEX), further bolstering its offerings within the BRC20 ecosystem. As part of this integration, $SATS will serve as the primary L2 gas for liquidity protocol and swap transactions, providing users with a seamless and efficient trading experience.\n"This partnership with $SATS marks a pivotal moment for ZiFi Token and the broader BRC20 ecosystem,"added the ZiFi founder."Together with $SATS, we are committed to driving innovation, fostering liquidity, and creating value for our users."\nIn addition to the technical collaboration, both ZiFi Token and $SATS will be listed on ZiFi Token\'s Marketplace, offering users increased accessibility and exposure to both projects. Notably, $BSAT ("Black Sats"), a derivative of $SATS, will also be listed on the ZiFi Marketplace, with a conversion rate of 1 $BSAT equal to 100,000,000 $SATS.\nFor more information about ZiFi Token and its partnership with $SATS, visit [ZiFi Token Website] and [SATS Website].\nAbout ZiFi Token\nZiFi Token (Zero Inflation) is a leading project in the DRC20 space, dedicated to revolutionizing decentralized finance and enhancing the trading experience for users worldwide. With a suite of innovative offerings and a commitment to driving growth and development, ZiFi Token is poised to lead the evolution of the crypto landscape.\nWebsite\|Twitter\|Telegram\|Medium\|Discord\nAbout $SATS\n$SATS is celebrated as the most memeable memecoin on the Bitcoin Chain, known for its witty memes, engaging content, and vibrant community. With multiple versions offering unique experiences and perks, $SATS has become a beloved icon among meme enthusiasts and crypto investors.\nWebsite\|Twitter\|Telegram\|CoinMarketCap\|CoinGecko\nShaw [email protected].\nDisclaimer:\nThe information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nAdrian Wiecek\nZero Inflation Finance (ZiFi)\[email protected]\nCONTACT: Adrian Wiecek Zero Inflation Finance (ZiFi) support at zifitoken.io']... Last 60 Days of Bitcoin's Closing Prices: [42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-24 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,013,649,357,625 - Hash Rate: 556574376.491103 - Transaction Count: 340419.0 - Unique Addresses: 591315.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Citigroup Inc.’s Marcus Satha, who turned the firm’s short-term interest rate trading desk into an industry leader, is planning to depart for a role in the children’s book charity he founded. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Ford Cuts Workforce Making Electric F-150s on Weak Demand Putin Orders Hunt for Property of Russian Empire, Soviet Union Blinken’s Return From Davos Was Delayed After Plane Broke Down China’s Biggest Broker Curbs Short Sales After Stock Rout Satha, a 20-year veteran of Citigroup, first joined the Wall Street giant in Australia before moving to London in 2012, according to a memo to staff seen by Bloomberg. He was named head of the short-term interest rate trading division for Europe, the Middle East and Africa in 2016 before being elevated to global head of the division one year later, the memo said. He “led the STIRT team to achieve record revenues, ranking No. 1 across the market,” Flavio Figueiredo, who leads Citigroup’s currency trading division, said in the memo. Satha is planning to take a more active role at Inclusive Books for Children, a charity he founded in 2022 that says it helps “source expertly reviewed, high-quality books for children that reflect the diverse world in which they live.” The nonprofit is a “vast, virtual ‘bookcase,’ showcasing inclusive books for different ages,” according to its website. The charity is hoping to combat the fact that the proportion of children’s books published featuring animal or non-human characters is far greater than books starring ethnic-minority main characters, according to its website. The philanthropy provides curated lists of books, though it said it currently chooses not to focus on books that are focused on the marginalized aspects of characters’ identities. “Stories are powerful tools that allow us to relate,” Satha said in an emailed statement. “We all want the children in our lives to be able to access the power of stories, and how they open the imagination and inspire creativity.” Story continues During his time at Citigroup, Satha created initiatives focused on diversity, equity and inclusion within the trading division, the memo said. (Updates with comment from Satha in penultimate paragraph. An earlier version of this story corrected the spelling of surname in last paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Aggressive_Algae726', 'Is Freewallet a complete scam? Does it work for anyone?', 10, '2024-02-24 00:19', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', "I needed to trade some coins a few years ago. Freewallet was fine. I was trying to trade for an uncommon coin and sent some btc to Freewallet. Suddenly, my account is frozen. \nNow, I'm trying to take out about $300 and they are requesting information, and each response asks for more information. It's kind of creepy. \n\n\nIs it worth my time trying to recover the funds? Has anyone had success", 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', '1ayf013', [['u/SpearTactics', 13, '2024-02-24 10:18', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwc917/', "It's a known scam, even the subreddit info contains a warning against. Unfortunately too many see that after it's too late.", '1ayf013'], ['u/MoneroWTF', 10, '2024-02-24 11:09', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwgg5h/', "I haven't seen that wallet mentioned in a while, I thought the years and years of so many people bitching about them worked. Selective scammers", '1ayf013'], ['u/TheFuzzStone', 31, '2024-02-24 11:16', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwh1ud/', '>Is Freewallet a complete scam?\n\nYes.', '1ayf013']]], ['u/lispercat2', 'Is there any correlation between the stock price and BTC', 13, '2024-02-24 00:31', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', "I bought 5K worth of stock in January 12, 2022 when BTC was \\~44K, the stock price was 42.85CAD.\n\nNow with BTC trading at \\~68K price is 10.56CAD.\n\nCould you give some insight on what's going on with the stock?", 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', '1ayfal7', [['u/Comprehensive-Belt40', 14, '2024-02-24 02:50', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/kruyd3b/', "In 2022, hut8 was mainly a BTC mining company...\nIn 2024.. it's a diversified in different sectors in IT.. but excel in none of them.", '1ayfal7']]], ['u/RespectibleCabbage', 'Beating everyone else off the sinking ship', 16, '2024-02-24 00:44', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', 'I’m curious at which point the bag holders will start to cut their losses and get out before the plummet of BSV. Presumably once the verdict comes in the price will tank, but it’s already clear at this point that Wright is going to lose, so it’s just a matter of time before the rug is pulled. \n\nI just find it weird that a lot of them over there are seemingly starting to realise they’ve been conned this whole time, so I’m genuinely curious how many of them will swallow their pride and just move over to Bitcoin. If they actually care about “Satoshis Vision”, well here it is. I assume the only people left over there now are just people with money sunk in who are hoping against hope for the best (because there are certainly no fundamentals of BSV to keep them around). It’s going to tank, I just hope it’s not the regular folk who lose everything, because you bet your ass CSW and CAH will be cutting and running soon.', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', '1ayfm5n', [['u/anonymouscitizen2', 10, '2024-02-24 03:02', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/kruzzw7/', 'Are you the same sgbett from BSV twitter who lies to people all day? If so you are a rat', '1ayfm5n']]], ['u/Magners17', 'I sold BTC to use my Shakepay card today ', 18, '2024-02-24 00:51', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', 'I was in a pinch today and forgot my wallet in the car. I had to purchase something and I could’ve ran out to my car to grab my wallet but it was faster to just sell some BTC and use my Shakepay card (my new CC hasn’t been added to my Apple wallet but my Shakepay card is still there) and it was so convenient!\n\nDo I feel good about selling BTC for a quick purchase? Not really. Did my transaction happen almost instantaneously? Yes. I was able to sell and use my SP card right away. \n\nSeamless transactions like this is why I appreciate this space, this company, this asset class and the future of our financial system. Could I have sold stocks and used that money for an immediately purchase? Nope. Could I sell BTC and do that via Shakepay? Absolutely. ', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', '1ayfrko', [['u/Bar98704', 11, '2024-02-24 01:23', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/krul5pt/', "Yeah but you've also triggered a taxable event by selling it. As long as BTC is classified as property then the whole thing is ridiculous", '1ayfrko']]], ['u/Lochskye', 'Think this', 619, '2024-02-24 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/', '💭Imagine that tomorrow you wake up and BTC is at $250,000, with what you have in your wallet right now, how much would you earn?\n', 'https://i.redd.it/paoc52gydgkc1.jpeg', '1aykifo', [['u/EliteEmi', 57, '2024-02-24 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvddyk/', 'Not gonna sell any, so earned 0', '1aykifo'], ['u/bbt104', 25, '2024-02-24 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvdpp4/', 'Well, I won\'t say how much I made, but I\'ll let you know what I\'m singing "Nooo more debt do do do-doo do, no more debt do doo do do" 🤣🤣', '1aykifo'], ['u/GiverTakerMaker', 62, '2024-02-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvepm7/', 'I only see that when I go to sleep', '1aykifo'], ['u/Ok_Computer1417', 399, '2024-02-24 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvexeo/', 'Coin market cap glitched one time in the middle of the night years ago and my phone blew up with alerts from Yahoo Finance essentially stating I was billionaire. It was nice for about 60 seconds.', '1aykifo'], ['u/Number_United', 58, '2024-02-24 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvfbwz/', '$225,000,000', '1aykifo'], ['u/karma_hit_my_dogma', 93, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhjij/', 'I would’ve sold in a blind daze', '1aykifo'], ['u/pr84704p', 13, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhlh7/', 'I remember that! lmao', '1aykifo'], ['u/herkdwrlmal', 39, '2024-02-24 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvin8q/', 'Finally someone talking realistic numbers', '1aykifo'], ['u/M1st3r51r', 66, '2024-02-24 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krviz7g/', 'Sell, cash out, and immediately move to a different country under a different name', '1aykifo'], ['u/seviay', 17, '2024-02-24 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvjqh1/', 'It could be good if I hadn’t had that terrible boating accident', '1aykifo'], ['u/screechingeagle82', 25, '2024-02-24 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvl453/', 'That’s why the chart above wont happen like that. The price will get there eventually but there are too many sellers waiting to cash in for a parabolic move of that magnitude over a short time period.', '1aykifo'], ['u/cryptoguerrilla', 35, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnexc/', 'Hopium is good and all but we got to get off the drugs and realize that “number go up” isn’t the end goal. 1sat=1 of bread is the goal.', '1aykifo'], ['u/dlm83', 22, '2024-02-24 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnx6i/', 'So enlightened... not numbers go up, wealth and buying power go up!', '1aykifo'], ['u/anthonyevans777', 13, '2024-02-24 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvocit/', 'I’d contemplate paying off my mortagge', '1aykifo'], ['u/SoupaSoka', 29, '2024-02-24 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvqqc3/', 'Best uses are buying land, buying a primary residence, or paying off debt. Not gonna blame a single person if they sell some or all of their Bitcoin to secure a reasonable place to live.', '1aykifo'], ['u/maistahhh', 26, '2024-02-24 06:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtfj9/', 'They are so dramatic', '1aykifo'], ['u/369isreal', 12, '2024-02-24 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtipd/', 'True i was also one of those billionaires 🤣🤣', '1aykifo'], ['u/weallwinoneday', 69, '2024-02-24 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvw9iq/', 'Nice try IRS', '1aykifo'], ['u/Pongi', 12, '2024-02-24 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw2beg/', 'You guys are so brainwashed it’s kind of astonishing', '1aykifo'], ['u/aaronmichaelVA', 12, '2024-02-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw5sr2/', "Let's come back about June 2025 and reassess this comment, yeah?", '1aykifo'], ['u/gui_gi', 33, '2024-02-24 09:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw71gu/', "He's not saying it won't reach 250k, he's saying it won't be a straight line up with no dips. He's correct in his assessment.", '1aykifo'], ['u/nopy4', 19, '2024-02-24 09:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwap6l/', 'Wow! You must be having like 100 BTC', '1aykifo'], ['u/ImaginedNumber', 12, '2024-02-24 11:29', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwi5ai/', "I would rather have a nice stable few % a month. If it shoots straight up, it's going to come crashing down along with all the Bitcoin is dead media.", '1aykifo'], ['u/Halfhand84', 20, '2024-02-24 13:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwv2xw/', 'Money may not buy happiness, but poverty sure as hell buys misery.', '1aykifo']]], ['u/fheartlover', 'Billion+ dollar bitcoin transaction earlier today', 1221, '2024-02-24 04:57', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/', 'Btc address: 3M6XXpqUc8G8GuHYKQhjAWobo5aGpkdV7u\n\nTransaction info [here](https://blockchair.com/bitcoin/address/3M6XXpqUc8G8GuHYKQhjAWobo5aGpkdV7u)\n\nThe rumors are saying its bezos. But I’m new to all this. Can anyone give some extra analysis of this. Is there a way to tell if this was a buy vs a transfer? Thanks \n\n\n', 'https://i.redd.it/c287ilv9igkc1.jpeg', '1aykzcs', [['u/OriginalPancake15', 243, '2024-02-24 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvhbl0/', 'Seeing this…. After I went a “lil crazy” this pay week and DCA’d an extra $50 onto my normal monthly DCA.', '1aykzcs'], ['u/karma_hit_my_dogma', 13, '2024-02-24 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvhfhi/', 'Hmmmm my .01 sats don’t reflect this. Why aren’t we all rich yet!??\n/s', '1aykzcs'], ['u/Pretend-Plumber', 14, '2024-02-24 05:13', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvi66p/', 'Wen lambo', '1aykzcs'], ['u/ElDubardo', 418, '2024-02-24 05:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvib2y/', 'Casually dropping 50k as a transfert test...', '1aykzcs'], ['u/Jeremiah_Vicious', 23, '2024-02-24 05:31', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvki77/', 'How do we know it’s a buy? What info are these Bezos rumors based off of? Can you hate the player without also hating the game?', '1aykzcs'], ['u/sj2can', 25, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvnega/', "Could it be Genesis? They need to sell 1.6b worth of greyscale, and some of that will be converted to physical bitcoin to distribute to creditors.\n\nI hope it's not though!", '1aykzcs'], ['u/velospeed', 27, '2024-02-24 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvr3a2/', 'How could someone purchase that much BTC without moving the market? This has to be a transfer.', '1aykzcs'], ['u/budrow21', 56, '2024-02-24 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvr448/', 'It must be a high net worth individual and not an ETF wallet because... someone on Xitter said so?', '1aykzcs'], ['u/flightsoffun', 141, '2024-02-24 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvs0dq/', 'This guy has good intentions but he is not the analyst you could count on. For example, most likely it was a fund transfer between personal wallet. Not necessarily a new purchase. But he tweeted as if it was definitely a new purchase. \n\nAgain, the guy has good intentions and I have subscribed to his patreon as well. But I have observed that while going deep into math and calculations, he misses obvious facts', '1aykzcs'], ['u/PrincipleFirst', 10, '2024-02-24 06:52', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvtupd/', 'Yes everyone on X only speaks truth … welcome to crypto logics', '1aykzcs'], ['u/terrenobe', 107, '2024-02-24 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvuvjg/', 'Whoa slow down man. Leave some for the rest of us!', '1aykzcs'], ['u/kajunkennyg', 13, '2024-02-24 07:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvuyss/', 'Also seems impossible to tell if this was a buy or sell or maybe just a miner or someone else moving a large amount of btc, exchange or?', '1aykzcs'], ['u/kajunkennyg', 112, '2024-02-24 07:04', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvv3y2/', "It's a transfer, no way to tell it's a buy or sell. The wallets don't seem to be doxxed and I don't have time to dig back and see the origin of the btc...", '1aykzcs'], ['u/mastermilian', 81, '2024-02-24 07:05', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvv7q7/', 'Even if I proved the address was correct, there is no way I will be moving 1 billion in a single transfer. Imagine a copy/paste virus in-between transfers. Yike.', '1aykzcs'], ['u/SmoothGoing', 27, '2024-02-24 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvdn1/', 'If you want to call it a "buy" then someone DUMPED 26139 BTC like it\'s rotten fish heads! (Can\'t have a buy without someone selling to the buyer.) Oh noes! Someone is selling bitcoins like there\'s no tomorrow! What does the seller know??!!\n\nTransaction is not a buy or a sell. It\'s reassignment from one address to another. Could be same owner. Reasons unclear, at least for now.', '1aykzcs'], ['u/GrandWazoo0', 72, '2024-02-24 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvesw/', 'The person who put this through must have balls the size of melons', '1aykzcs'], ['u/ChiBitCTy', 152, '2024-02-24 07:11', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvs97/', 'Billionaire testing .01 b/s first , some damn good safest practices going on', '1aykzcs'], ['u/SmoothGoing', 10, '2024-02-24 07:13', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw06g/', 'Your fair share of bitcoin is what you mined, earned, or bought. Bitcoin is not about distributing it equally. Never was. Everyone understands that.', '1aykzcs'], ['u/I_AM_A_SMURF', 22, '2024-02-24 07:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw2km/', 'You can compute the transaction in a brand new airgapped pc that is destroyed after the fact and then transfer the transaction to a second pc that’s connected to the internet to broadcast it. Pretty hard to hack into that setup, probably only a few govt could do that.', '1aykzcs'], ['u/wastedgetech', 11, '2024-02-24 07:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw7w5/', "Doofy Clown Average? Yea that's me too", '1aykzcs'], ['u/creosoterolls', 12, '2024-02-24 07:17', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvwboc/', 'OTC transactions don’t affect the market price directly.', '1aykzcs'], ['u/SmoothGoing', 14, '2024-02-24 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvx956/', 'OTC sale too then. Nothing here indicates purchase or sale. All we see is a bitcoin transfer.', '1aykzcs'], ['u/Rufus_Anderson', 82, '2024-02-24 07:44', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvyywl/', 'He’s an influencer. He was pushing Celsius and had Mashinsky on his YouTube channel several times. I’d be careful trusting what he says.', '1aykzcs'], ['u/WillyWanker_-', 23, '2024-02-24 08:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw1pjo/', "He just interviewed him a couple of times and got fooled like the rest of us. Hardly his fault. He's way too bullish in general though, that's the more annoying part for me.", '1aykzcs'], ['u/Mr_MatF', 15, '2024-02-24 09:32', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8i17/', 'I also have good intentions. Can you Patreon me also? XD', '1aykzcs'], ['u/AvengerDr', 32, '2024-02-24 09:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8l7a/', 'In order to buy, someone needs to sell.', '1aykzcs'], ['u/Doorzetters', 47, '2024-02-24 09:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8x4j/', 'It could also just be a fund or person moving their btc', '1aykzcs'], ['u/Bitcoin_Maximalist', 16, '2024-02-24 10:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwbyt7/', '> like the rest of us\n\n?!', '1aykzcs'], ['u/HitMePat', 17, '2024-02-24 11:09', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwghw6/', "It's a billion dollars so seems worth the extra security in that case", '1aykzcs'], ['u/TapDancingGhoul', 18, '2024-02-24 12:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwq0fb/', 'Why are you ruining bullish baseless speculation?', '1aykzcs'], ['u/GenitalPatton', 255, '2024-02-24 13:50', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwvbe3/', 'Bitcoin Supporters: Bitcoin should replace banks\n\nAlso Bitcoin Supporters: Oh my gosh transferring is so scary', '1aykzcs'], ['u/inhodel', 45, '2024-02-24 14:01', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwwjso/', 'I would do the exact same thing using my regular fiat bank account. The main thing is, my test transfer of 10 dollar will be done, but my 10 million transfer will be flagged and held hostage by them until approved and proven by several variables. \n\n(note, not that I have 10 million, but I transferred 300k before and this was already the issue)', '1aykzcs'], ['u/Thisteamisajoke', 29, '2024-02-24 14:28', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwzu1m/', "Yeah, and they flag it to verify it is going/coming from the right place. If there was a mistake, they would reverse it so you didn't lose your money. You're literally making OP's point.", '1aykzcs'], ['u/inhodel', 24, '2024-02-24 14:32', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krx0dky/', "I think you missed my point. \nTransferring a big amount using ALL methods are scary. Fiat transfer, Physical gold, Crypto, Paypal, you name it. \n\nThe difference is, when its only peer to peer, you don't needs all those 3rd party checks to verify if the money is yours. You call it a positive argument, I find it negative....all good. We do not need to agree.", '1aykzcs'], ['u/CupformyCosta', 29, '2024-02-24 14:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krx2hdu/', 'It’s just a transfer on the network. Not a transaction on an exchange.', '1aykzcs']]], ['u/AmberAllure_Ambie', 'ΑΙΤΑΗ for not telling my ex-wife the codes for her crypto wallet that we had since early 2023?', 620, '2024-02-24 05:29', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/', "Back in early 2023, we had bought some bitcoin with a good amount we had set aside when the price was around $24,000. After a while, I found out she was cheating on me. Naturally, we divorced, went to court, and she, because her sister is a very good lawyer, managed to convince that I was responsible for the whole messy situation and wouldn't let me see my kids. Generally, as a person, she was always careless and only cared about herself. She constantly lost her phone, threw away food after a bite, enjoyed fast fun and prosperity, prioritizing her own enjoyment above everything else... she also lost the codes to her bitcoin wallet. Now she's asking me for them, and I'm not giving them to her. Am I wrong?", 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/', '1ayll0z', [['u/Smitty-TBR2430', 13, '2024-02-24 05:44', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvm3av/', 'Uhhhh…. What BitCoin wallet?', '1ayll0z'], ['u/Left_Row_1661', 19, '2024-02-24 05:46', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvm9vp/', 'Yta just for being into crypto', '1ayll0z'], ['u/AssistantAlternative', 206, '2024-02-24 05:46', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmc2a/', 'Tread lightly. You don’t want her taking you back to court and trying to say you hid marital assets. That could open up a new can of worms. I would probably be like I have no idea what your passwords are? And then pray she doesn’t get into it, and then make a new wallet in the kids names, and give it to them for college. \n\nMy ex also cheated, kept the house, moved in the mistress who plays mommy to my daughter half the time (fucking cunt) so I really do understand how nice it would be to get some revenge monetarily, but I swear the karmic energy of that decision would affect me far worse than his loser behaviors so to me it simply is not worth the risk. \n\nHowever giving it to the kids is a super fair, neutral, positive karmic choice. IMO :)', '1ayll0z'], ['u/beyerch', 351, '2024-02-24 05:47', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmglg/', "Bullshit story. She had such an awesome lawyer that she took the kids from your, but lawyer didn't think to properly map out ALL assets in the marriage. Either this wallet has like 0.1 Bitcoin in it or this is bullshit story or there is more to the story & why you lost the kids.", '1ayll0z'], ['u/nwbrown', 10, '2024-02-24 05:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmji8/', 'If you think you are better off waiting for the courts to decide, ive got some bad news.', '1ayll0z'], ['u/citizenecodrive31', 85, '2024-02-24 05:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvn71f/', 'The lawyer only knows what the wife tells. If wife forgot about the crypto then what can the lawyer do?', '1ayll0z'], ['u/IanDOsmond', 1255, '2024-02-24 05:54', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvn98i/', 'Ask your lawyer, not us. Maybe you are within your rights; maybe you are, I dunno, committing fraud or something. Even if some of us are lawyers, none of us are your lawyer, none of us have read your divorce decree, and probably there are differences based on your state.\n\nIn general, I think you should work out "am I the criminal" before worrying about "am I the asshole."', '1ayll0z'], ['u/knittedjedi', 40, '2024-02-24 06:00', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvnyfw/', '>Bullshit story.\n\nI miss when the trolls were halfway decent lol.', '1ayll0z'], ['u/No_Astronaut2795', 403, '2024-02-24 06:05', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvokje/', '"We bought bitcoin." That equals marital asset. It literally doesn\'t matter how awful she\'s been, you can\'t withhold financial assets. If you were talking to a lawyer, I highly doubt they would advise you to keep this up. Don\'t be petty because it will cost you.', '1ayll0z'], ['u/opensilkrobe', 17, '2024-02-24 06:08', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvouu8/', 'More of the misogynist rage bait', '1ayll0z'], ['u/DeBlasioDeBlowMe', 813, '2024-02-24 06:17', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvpwdc/', '“Way back in early 2023”? You mean like less than a year ago?', '1ayll0z'], ['u/uhhh206', 30, '2024-02-24 06:28', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvr6wi/', "Not even a skilled troll, given they are supposedly a jaded and betrayed father whose ex-wife took the kids, while also having multiple posts about not enjoying sex on her period, and about their Greek boyfriend.\n\nNext time delete your contradictory posts if you're going to troll, OP.\n\n(On the off chance this is real, which it isn't, have fun when your ex-wife tells the courts that you hid marital assets during the divorce.)", '1ayll0z'], ['u/LolaLazuliLapis', 36, '2024-02-24 06:36', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvs4b0/', 'Who forgets buying "a good amount" of Bitcoin?\xa0', '1ayll0z'], ['u/yaymonsters', 12, '2024-02-24 06:37', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvs6ir/', 'I don’t remember either. NTA', '1ayll0z'], ['u/CommunicationAware88', 15, '2024-02-24 06:41', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvslk9/', 'My son\'s step mom told my kid she couldn\'t change her last name because I still used my married name and had him call her "Amma", while he called me "Mama". What\'s wrong with folks.', '1ayll0z'], ['u/les-mels', 78, '2024-02-24 06:51', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvtplk/', 'At first I thought he said 2003 lol', '1ayll0z'], ['u/No_Astronaut2795', 27, '2024-02-24 06:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvtxo9/', 'Who does everyone think crypto is an exotic wild west. Like no. Not how it works.', '1ayll0z'], ['u/MenageTaj', 12, '2024-02-24 06:59', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvulrj/', 'You forgot also', '1ayll0z'], ['u/crispyhats', 27, '2024-02-24 07:05', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvv59m/', "For pity's sake remember that every transaction is recorded publicly and permanently on the blockchain. If you transfer coins from one wallet to another, anyone can look that up and trace it back. It's extremely likely that your/her real identity is associated with that wallet in some way (using an exchange, tax purposes etc) which makes it even easier to track. The guy who defrauded Silk Road got caught many years later by a curious law enforcement officer looking at the blockchain, and, ironically, a couple of indiscreet social media posts just like this one. Crypto isn't anonymous, it's pseudonymous, and everything is written down and very traceable.", '1ayll0z'], ['u/No_Astronaut2795', 21, '2024-02-24 07:06', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvv92a/', "No. Forensic accounting and marriage doesn't work like this. The law doesn't work like this.", '1ayll0z'], ['u/demonrenegade', 126, '2024-02-24 07:11', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvvso4/', 'But she threw away food after only one bite! Screw her she ain’t getting those codes 😤', '1ayll0z'], ['u/TwoIdleHands', 23, '2024-02-24 07:15', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvw7hq/', 'My exes lawyer forgot to include a whole thing in about final asset balancing (I kept the house/mortgage). I went to sign the papers my ex had already signed and asked my lawyer if it was a problem for me to just sign as-is. She said technically no. I wasn’t going to pay any more money to my lawyer to fix his/his lawyers mistakes (which had already happened numerous times driving my costs to an insane $45k). Then I told him that maybe he should have agreed to pay some of my lawyers fees since our divorce was now final and he was out $300k. His face…I instantly told him I was giving him the money because I said I would but to remember this going forward if he’s ever feeling petty.', '1ayll0z'], ['u/No_Astronaut2795', 10, '2024-02-24 07:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvw8sf/', "Even if I lost the keys to my house, I'm legally an owner of home. I really don't understand why you're putting so much emphasis on keys.", '1ayll0z'], ['u/PhysicalGSG', 393, '2024-02-24 07:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvwazn/', 'I mean, if he hadn’t posted this on his own fucking account, he could have used the “your honor im not withholding them, I just don’t know them.”', '1ayll0z'], ['u/Non-normie187', 18, '2024-02-24 07:25', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvx6jc/', "Because you don't understand how bitcoin works, apparently. If OP genuinely doesn't have the key, and his wife doesn't either, then it is literally impossible for anyone in the world to move that bitcoin, it's lost forever, sitting in the wallet but permanently irretrievable. The court can order him to send his wife half the bitcoin, but if he honestly doesn't have the key, he can never do it.\n\nThis isn't like a car or a house, you can't make a new key or change the locks or break a window or go to the dealership or call a locksmith. Without the key you can't get it. Literally, skim the Wikipedia article on bitcoin before continuing this debate.\n\nThey might think OP is lying and send him to jail. Idk. But OP could also demand his half from his wife, who also lost the key.", '1ayll0z'], ['u/PeskyInquirer', 45, '2024-02-24 07:26', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvxa41/', "Gave him $300k that he's gonna use to slap you in the face. \n\n\nWhen your opponent is making a mistake, don't interrupt or correct them.", '1ayll0z'], ['u/Non-normie187', 13, '2024-02-24 07:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvy0b2/', "Yes. Maybe he'll remember the key once the statute of limitations is up. Or once bitcoin is worth 3 million, he'll move to a country with no extradition treaty and suddenly the key will come back to him. In the mean time he gets to spite his cheating ex for the low cost of 12k.", '1ayll0z'], ['u/xanif', 129, '2024-02-24 07:36', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvy82i/', "Or... don't commit perjury", '1ayll0z'], ['u/worshipHer-', 10, '2024-02-24 07:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvzd2r/', "It's not a home it's Bitcoin dude. You are wrong, the other guy is right. \n\nThe government can't force him to split Bitcoin they can't even prove he can access. If neither of them remembers the code, it's like they buried a box in the desert with Gold in it and forgot the coordinates. The courts can't make him cought up what he doesn't have.", '1ayll0z'], ['u/PhysicalGSG', 10, '2024-02-24 07:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvzsio/', 'No shit buddy', '1ayll0z'], ['u/dyllandor', 11, '2024-02-24 08:00', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw0geq/', "Can't be the cheating right", '1ayll0z'], ['u/Life_Independence781', 420, '2024-02-24 08:30', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw354o/', 'He’s trying to sound like he was early to Bitcoin 😂', '1ayll0z'], ['u/marijaenchantix', 43, '2024-02-24 08:32', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw3amm/', "He didn't ask if he is legally allowed to. He asked if he is morally wrong. This is AITA, not Legal advice.", '1ayll0z'], ['u/Pieter8720', 18, '2024-02-24 08:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw3i12/', 'Well you know, the advice here is usually: “get a divorce”.\n\nSo everyone is out of ideas now…', '1ayll0z'], ['u/Jayfeather90', 64, '2024-02-24 08:41', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw441f/', "Yeah this confuses me. You said 'we' bought Bitcoin but she lost the info to 'her' wallet. If that's completely her wallet and you have not any of your assets in there nor changed any info, I don't think you are responsible. But if you are or were in any way involved in that wallet, I would be careful.", '1ayll0z'], ['u/King_Moonracer003', 19, '2024-02-24 09:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw8mdl/', 'Hard disagree, legality has no correlation with morality. Its besides the point but an interesting topic imo', '1ayll0z'], ['u/bummedintheface', 24, '2024-02-24 09:37', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw8wq7/', '>there is almost no way something is illegal but moral.\n\nmedical marijuana entered the chat\n\neuthanasia entered the chat\n\ndumpster diving entered the chat\n\nfeeding the homeless (in some states) entered the chat\n\npirating content of any kind that is no longer available to buy entered the chat\n\n\n\netc etc etc', '1ayll0z'], ['u/LolaLazuliLapis', 12, '2024-02-24 10:20', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwcf7o/', "Right? That's the dumbest thing I've ever heard.", '1ayll0z'], ['u/bummedintheface', 13, '2024-02-24 10:23', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwcpbz/', ">Sorry dude downloading that old game doesn't make you a bastion of morality!\n\nI didn't suggest otherwise, dude. I was merely pointing out some things that are illegal but morally right. Sorry that was confusing.", '1ayll0z'], ['u/krash90', 19, '2024-02-24 11:03', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwg04d/', 'There are literally zero laws that can require you to give up a password. He didn’t steal the password from her. She forgot it and they can’t require you to say anything to anyone including giving her a password he may or may not know. That’s 100% on her.', '1ayll0z'], ['u/krash90', 13, '2024-02-24 11:04', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwg2rs/', 'It’s her assets. It’s her password. He is not legally obligated to remind her her password.', '1ayll0z'], ['u/ButtcheekBaron', 29, '2024-02-24 11:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwh1cc/', 'Is "I don\'t recall" ever actually perjury? How can they prove you didn\'t space out at any point?', '1ayll0z'], ['u/Life-Ad4779', 53, '2024-02-24 11:22', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwhjmk/', "Calling it 'way back in early 2023' feels like just yesterday, doesn't it? Time flies!", '1ayll0z'], ['u/Infamous_Walrus_7641', 25, '2024-02-24 11:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwjp4i/', 'He’s no legal obligation to remind his ex of her passwords… most legal advice would recommend changing passwords post divorce lol. \n\nUnless he changed the password, thus denying her access - he’s completely in the clear.', '1ayll0z'], ['u/Infamous_Walrus_7641', 15, '2024-02-24 11:49', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwjt0r/', 'They’re law enforcement mechanisms to third parties however, not the same as reminding your wife because she forgot her codes. Pretty sure there is zero legal obligation anywhere to re remind your ex of her financial info.', '1ayll0z'], ['u/Nice_Buy_602', 10, '2024-02-24 12:10', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwlm79/', 'Giving water to people waiting in line to vote is illegal in some states.', '1ayll0z'], ['u/OldSarge02', 25, '2024-02-24 13:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwtiw9/', 'This thread would be pretty good evidence.', '1ayll0z'], ['u/WeedLatte', 11, '2024-02-24 14:18', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwynu0/', '“if he hadn’t posted this”', '1ayll0z'], ['u/Capital_Section_7482', 20, '2024-02-24 14:44', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krx1um2/', 'He didn\'t say "way back" just back. Why did you add that?', '1ayll0z'], ['u/Alternative_Bad_2884', 19, '2024-02-24 15:27', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krx7mdy/', 'How you gonna put quotes around something op didn’t say? Do we get to add words to quotes now? Is that a thing? Did the “way” just enter your mind and you decided it better suited your comment?\xa0', '1ayll0z'], ['u/Heygrosbiggros', 10, '2024-02-24 16:55', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krxl4fl/', 'He didn\'t say "way back", just "back"', '1ayll0z'], ['u/BeulahPierce', 22, '2024-02-24 17:09', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krxnd51/', "Bullshit story. She had such an awesome lawyer that she took the kids from your, but lawyer didn't think to properly map out ALL assets in the marriage. Either this wallet has like 0.1 Bitcoin in it or this is bullshit story or there is more to the story & why you lost the kids.", '1ayll0z']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, February 24, 2024', 27, '2024-02-24 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/', '1aym5q2', [['u/dnick423', 33, '2024-02-24 09:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krw8ri0/', '10 consecutive days above 50K now', '1aym5q2'], ['u/_TROLL', 25, '2024-02-24 10:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwe0pz/', "And this is with miners having [moved 700,000 BTC to OTC desks over a mere 3 weeks](https://cryptopotato.com/bitcoin-miners-move-700000-btc-to-otc-desks-in-3-weeks-heres-what-it-means/). That's literally 3.5% of all extant Bitcoin put on the market in 21 days.\n\nThey are rapidly running out of coins to sell.", '1aym5q2'], ['u/_2f', 14, '2024-02-24 12:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwnpja/', 'that’s not how it works\n\nThat’s not true. There’s the same effect, but not immediate. It’s indirect. \n\nIf OTC buys are larger than OTC sells, there would be an OTC premium and vice versa for discount. If there’s a premium, arbitragers can buy on spot and sell OTC and vice versa. This corrects itself. \n\nBut my point is, OTC definitely affects spot. It’s just some certain premium or discount is better for many then an uncertain slippage in the same direction.', '1aym5q2'], ['u/Riker-Was-Here', 27, '2024-02-24 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwqak2/', "this is base camp. we are just a couple of pumps from ATH when you think about it. the climb up is going to be swifter and more exhilarating than most are prepared for. the euphoria will be chef's kiss.", '1aym5q2'], ['u/EDWARD_SN0WDEN', 24, '2024-02-24 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwwmk8/', 'We’re at 20 comments in the thread and my Uber driver isn’t talking about Bitcoin and we’re at max euphoria prices of 2021. Absolutely mind blowing\xa0', '1aym5q2'], ['u/theubiquitousbubble', 17, '2024-02-24 14:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwxi7s/', "I can't believe it has only been 10 days. Feels like we have been here for a month already.", '1aym5q2'], ['u/phrenos', 15, '2024-02-24 14:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwxtji/', '7 dog years = 1 human year. \n\nSimilarly, 1 crab day = 3 human days.', '1aym5q2'], ['u/dopeboyrico', 31, '2024-02-24 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx1hb3/', '[AUM held in new spot ETF’s is now at $14.9574 billion through day 30 or ~292.86k BTC.](https://x.com/bitmexresearch/status/1761307758173851758?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $7.4430 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $498.58 million with average inflows of $431.78k million or ~9.76k BTC. Yesterday average daily AUM was at $513.62 million with average inflows of $437.13 million or ~9.88k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 15.5%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.155.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $14.9574 billion is 0.088% of their total AUM. At current pace it would take fund managers 341 trading days to reach a 1% allocation into BTC. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 44.7% of that amount of BTC over the span of 30 trading days.', '1aym5q2'], ['u/dopeboyrico', 14, '2024-02-24 14:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx3sas/', 'It is accurate. Some of GBTC’s outflows definitely went into new spot ETF’s but it’s not going to be 100% since some people who sold GBTC would’ve remained in cash, not everyone sold to buy a new spot ETF.\n\nSpot ETF’s will reach 100% of the amount of BTC that GBTC held at their peak well before GBTC’s BTC holdings get anywhere close to zero.', '1aym5q2'], ['u/imissusenet', 23, '2024-02-24 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx4xpv/', "Daily change in BTC held by GBTC:\n\n[https://imgur.com/a/gyUyVno](https://imgur.com/a/gyUyVno)\n\n\\-865 BTC (-0.19%), the first time under 1K since ETF approval. By comparison, it was almost -16K BTC a month ago. 5-day ave is -2,302 BTC/day. Grayscale's daily fee is about 18 BTC/day.\n\nIBIT + FBTC are now half as big as GBTC.", '1aym5q2'], ['u/Cultural_Entrance312', 11, '2024-02-24 15:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx6j3k/', 'Bitcoin’s hourly chart has been crabbing for 10days now. I bought some BTC at 52.2, 51.8 and 50.8. I have an additional limit buy order at 50.2 in case BTC tries to test the high of the last run-up. I am looking to take profits at 56.5, this will be adjusted upwards, depending on where we break through resistance of the flag. The RSI is at 52.5 (average 48.8) at time of writing. Resistances are at 51.2, 51.8, 52.8 and 53, after that, then 57.5, 63 and 69 are major ones remaining. The next supports are 50.8, 50.2 and the Fibs for the 1st part of this run up. 48.5 (.236 FIB), 46.3 (.382 FIB), etc. (see chart). Someone mentioned earlier of a possible descending triangle that has formed. We’ll know if it is confirmed bearish or bullish by end of day. I am leaning towards bullish due to how well BTC has absorbed the selling pressure so far.\r \n\r \nThe daily is under overbought. RSI is at 66 and its average is overbought, currently at 75.3. Same resistances/supports as I mention in the hourly. Bitcoin is approaching the central channel. This could provide an area for BTC to start a new move up with the bull flag that has formed. If we break out, the target would be around 66.6 (oooo spooky lol). I would like to see BTC hit 50k before we move up more so we can test that spot to verify it is strong support. It is also the .236 FIB from the last run up. Not sure this is going to happen.\r \n\r \nOn the weekly, Bitcoin is just under the upper end of the rising resistance channel from when we bottomed out in 2022. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. I would normally expect a cool off and retrace soon, but with all the ETF inflows, I’m not sure what is going to happen. Main resistances were noted above.\r \n\r \nBitcoin is currently on its 6th monthly green candle just before halving. This has never happened before. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. This time, the pre-halving PA is different from past PA. BTC is well above the rising support line.\r \n\r \nGood luck to all traders and DCAers.\r \n\r \n1-hour: https://www.tradingview.com/x/ll5UjT5f/\r \n\r \nDaily: https://www.tradingview.com/x/Fb1BJ5Mn/\r \n\r \nWeekly: https://www.tradingview.com/x/ArwfU9zy/\r \n\r \nMonthly: https://www.tradingview.com/x/HGHhMX6L/', '1aym5q2'], ['u/escendoergoexisto', 13, '2024-02-24 16:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krxil58/', 'This PA is tough to read. That V-shaped recovery from the test of the 50.6ish support sure looks solid, but that overbought daily just keeps making me expect more downside before we rip to the upside. I’m stoked on my current stack’s value, though. That’s for certain. This post-halving bull run is going to be epic and I’m reminding myself to be patient.', '1aym5q2'], ['u/symbot001', 12, '2024-02-24 18:37', 'https://www.reddit.com/r/BitcoinMarkets/... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Navigating the crypto landscape can be a challenge, especially in a bull market when just about every cryptocurrency seems to be rising. With myriad options promising life-changing gains, cutting through the noise is no easy task.\nFor investors looking to find some clarity in a crowded field of options, the best strategy is often the simplest. As with the stock market, it is possible to spread your crypto portfolio too thin, inevitably introducing unnecessary risk.\nOne cryptocurrency stands out as deserving a $1,000 investment today:Bitcoin(CRYPTO: BTC). While this pick may lack originality, its historical performance, market dominance, and unique characteristics make it a standout choice that no other cryptocurrency can match.\nThere is a laundry list of arguments that portray Bitcoin as a risky and volatile asset undeserving of an investment. Although short-term fluctuations are real, a long-term perspective reveals Bitcoin's attractiveness as a robust investment.\nBitcoin has proven itself as the top-performing asset during the past 15 years. Driving much of this performance is Bitcoin's robust monetary policy. Centered around an event known as a halving, Bitcoin's supply growth rate iscut in halfevery four years. This process will continue until the last Bitcoin is mined in about 2140, at which point the cryptocurrency will enter unprecedented territory.\nWith the upcoming halving in April, Bitcoin will see its supply growth fall from 1.75% a year to just 0.85%. Historically, in the year of a halving, Bitcoin's price jumps by 120% on average as demand is forced to compete for a tightening supply. Only time will tell if 2024 follows patterns of years past, but even if this year turns out to be an anomaly, Bitcoin's long-term value should stay on a positive trajectory considering trends of increasing adoption and continued reductions to its supply growth as more halvings pass.\nFor those seeking simplicity in their crypto portfolio, few options are more appealing than Bitcoin. As of Feb. 22, the entire crypto asset class was valued at about $2 trillion. Of this, Bitcoin makes up more than $1 trillion. Its closest rival isEthereum, worth just $360 billion.\nDue to this disproportionate valuation, the vast majority of other cryptocurrencies are highly correlated to Bitcoin's price. In other words, if Bitcoin's value rises or falls, the values of most cryptocurrencies will follow suit.\nAlthough other cryptocurrencies may occasionally outperform Bitcoin, they usually possess much greater volatility and risk. During bull markets, some of these cryptocurrencies may rise at a faster clip, but when bear markets set in, the drops become much more severe. While Bitcoin might not produce the 10,000% return that new cryptocurrencies sometimes see, it provides simple and comprehensive exposure to the entire asset class with considerably less risk.\nWe can't talk about Bitcoin without discussing how it has risen to become the most valuable cryptocurrency. Surely its position as the first cryptocurrency to be invented gave it a head start, but the main reason it has maintained this position for roughly 15 years has to do with the distinct characteristics that set it apart from any other cryptocurrency.\nBitcoin is the quintessential cryptocurrency. It is the mostdecentralized, secure, and durable blockchain ever invented. With more than 17,000 nodes globally and estimated to be 500 times more powerful than the best supercomputers in the world, Bitcoin is virtually un-hackable. Best of all though, it has been able to achieve this without any centralized figure or entity overseeing it, a feat no other cryptocurrency can claim.\nWhile Bitcoin may lack the glamor of newer cryptocurrencies, its unparalleled track record positions it as a formidable long-term player. Just like the stock market, survival of the fittest reigns in the crypto realm, and Bitcoin has proven why it is the ultimate survivor.\nFor those with an extra $1,000 at their disposal and looking to gain some exposure to crypto, there's no better option than Bitcoin. Save yourself the hassle, appreciate the beauty in simplicity, and discover how an investment in Bitcoin could be your closest route to long-term portfolio growth.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool", "TheShiba Inu(CRYPTO: SHIB)cryptocurrency isn't writing headlines anymore, but many investors still pin their hopes on this meme coin for the next sectorwide bull run. It's still among the 20 largest crypto namesmeasured by market cap, with robust daily trading volume.\nUnfortunately, I don't see much real-world developer interest inthe surprisingly capable Shiba Inu ecosystemthese days.\nCrypto-based app activity is on the rise, with the number of veteran developers contributing code to the GitHub code gallery nearly doubling over the last three years, according to Electric Capital's latest developer report. But smart contracts innovatorEthereum(CRYPTO: ETH)utterly dominates the developer interest in every category, withBitcoin(CRYPTO: BTC)in a distant runner-up spot and everyone else trailing far behind.\nThis report never even mentioned Shiba Inu. There's simply nothing going on behind that door.\nOn the other hand, many cryptocurrencies and blockchain networks are hard at work building the Web3 future. From personal banking to content publishing, a plethora of industries are ripe for disruption -- and one token should skyrocket as the online world moves through this sea change.\nElectric Capital ran across a lot ofPolkadot(CRYPTO: DOT)projects. The official blockchain ecosystem of the Web3 Foundation is one of the most active developer communities not named Ethereum, and also one of the fastest-growing networks. Polkadot's army of full-time developers more than tripled in three years, making it the largest app-writing platform after Ethereum and Bitcoin.\nIn other words, consumers and investors will soon see a tsunami of Polkadot-based Web3 apps on their phones, computers, and other online devices. The Polkadot connection may not always be clear or heavily promoted, but the network helps programmers make the most out of many different crypto systems. It'll be the silent force that holds the Web3 revolution together at the seams.\nYet, crypto investors have largely shrugged off Polkadot's promising app-building activity and the DOT token has traded sideways over the last year. Ethereum gained 80% over the same period while Bitcoin landed a 110% jump:\nThe lack of investor excitement doesn't take anything away from Polkadot's real-world usage, though. And that's how the token's value is created. You know what they say about stocks being voting machines in the short term and weighing machines in the long run, right? The same idea holds true for cryptocurrencies, and Polkadot is stacking up a ton of weight on those weighing-machine scales as we speak.\nI can't wait to see what the price chart will do when the first few killer apps open the floodgates for the Web3 era.\nShiba Inu separates itself from other meme coins with a robust technical platform and a community-driven system for developing the blockchain network itself. But the dog-themed marketing that helped it attract the spotlight early on appears to have become a liability more recently. It's just hard to take Shiba Inu seriously, since the value of each digital coin is so vanishingly small. 1 million Shiba Inu coins add up to $10 at today's prices, and it's just hard to keep track of the zeros you should expect after the decimal point.\nPolkadot is just on a different level when it comes to creating real long-term value. It runs an even more sophisticated blockchain network, supported by several helper networks and passing information between different blockchain systems. Its market cap is about twice the size of Shiba Inu's these days, and I expect it to rise through the ranks as the Web3 conversion gains momentum.\nSo the allure of meme coins like Shiba Inu may capture the public's imagination, but savvy investors should look beyond the headlines. Polkadot's technical prowess and its central role in the burgeoning Web3 ecosystem should make it a transformative investment. As the digital world edges closer to a Web3 reality, step by encrypted step, Polkadot's innovative infrastructure and powerful interoperability powers should lead to substantial growth.\nShould you invest $1,000 in Polkadot right now?\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nAnders Bylundhas positions in Bitcoin, Ethereum, and Polkadot. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nForget Shiba Inu: This Cryptocurrency Could Make You Richwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-25 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,009,348,826,231 - Hash Rate: 666264217.113437 - Transaction Count: 418801.0 - Unique Addresses: 607478.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In a remarkable debut, the first U.S. ETFs offering direct exposure to the world’s largest cryptocurrency witnessed extraordinary trading volume, marking a significant milestone in the financial industry. About $4.6 billion was traded in new US spot Bitcoin ETFs on their first day of trading, per LSEG data. This underscores strong investor interest and the potential growth of cryptocurrency in mainstream investment platforms.Grayscale Bitcoin TrustGBTC, transitioning from a trust to an ETF, became the most heavily traded ETF on its debut, with $2.3 billion in trading volume. This was followed by about $1 billion iniShares Bitcoin Trust(IBIT) and $685 million in Fidelity Wise Origin Bitcoin Trust (FBTC).ARK 21Shares Bitcoin ETF(ARKB) andBitwise Bitcoin ETF(BITB) saw more than $278 million and about $122 million, respectively, in trading volume on the day.The astonishing volume surpasses the initial Bitcoin futures fund launched in 2021, which had almost $1 billion in turnover on its first day. The solid trading activity is likely to continue in the days ahead, leading to increased institutional and retail investor participation in the cryptocurrency market (read: A Glimpse Into 11 Spot Bitcoin ETFs Set for Launch Today).This is because the launch of spot Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. This development would not only legitimize Bitcoin in the eyes of mainstream investors but also provide a more accessible avenue for investment, thereby potentially attracting a fresh influx of capital into the crypto market. As such, spot ETFs are considered to be a game changer for cryptocurrency investors.The approval for the 11 ETFs came after a long history of rejections by the SEC due to concerns about market manipulation, custody issues and the lack of investor protection. In fact, over the years, the SEC has denied more than 30 similar applications.Let’s delve into the abovementioned ETFs in detail:Grayscale Bitcoin Trust (GBTC)Grayscale Bitcoin Trust is the world’s largest Bitcoin ETF, charging 1.50% in annual fees. It owns and passively holds actual Bitcoins through the Custodian, Coinbase Custody.iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust enables investors to access Bitcoin within a traditional brokerage account. It charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024.ARK 21Shares Bitcoin ETF (ARKB)ARK 21Shares Bitcoin ETF seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. It has an expense ratio of 0.21%, with the fee set to be 0% for the first six months or the first $1 billion in assets.Bitwise Bitcoin ETF (BITB)The Bitwise Bitcoin ETF has the lowest fees among the approved spot Bitcoin ETFs at 0.20%. The fee is set to be 0% for the first six months or the first $1 billion in assets. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Grayscale Bitcoin Trust (GBTC): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Global brokerage firm OANDA is officially opening for crypto trading in the UK.\n• OANDA Crypto will be based in London and comes with FCA registration thanks to last year’s acquisition of Coinpass.\nU.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto.\nIt’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said.\nWhile some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for OANDA, said the firm’s head of digital assets Lucian Lauerman.\n“The UK has a high level of participation and is a very well educated and active market,” Lauerman said in an interview. “What we liked about the opportunity in the UK, when it comes to crypto, is that it’s becoming more aligned with the markets where we’ve traditionally operated. The regulatory bar has been set slightly higher.”\nOANDA already offers crypto in the U.S. via a partnership with New York State Department of Financial Services-regulated Paxos. The brokerage also refocused its mainland Europe operations away from Malta to Warsaw in Poland, with the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS.', "Despite ongoing outflows, Grayscale'sBitcoinTrust (GBTC) appears to be bleeding slower. Withdrawals havereachedtheir lowest point since its conversion to an ETF in January, with daily amounts dropping to $44.2 million on February 23.\nThis slowdown comes after significant outflows earlier in the year. By the end of January, GBTC had witnessed over $5.64 billion in withdrawals, including a single-day exit of $640 million. So far in February, outflows have totaled around $1.8 billion, bringing the overall figure since inception to $7.4 billion.\nHowever, these outflows seem to be favoring competing Bitcoin ETFs. BlackRock's IBIT, for instance, has attracted over $6.6 billion in investments since its launch, followed by Fidelity's FBTC with $4.7 billion.\nThe arrival of spot Bitcoin ETFs offered existing GBTC holders the option to convert and redeem their shares, which is seen as a key reason for the initial outflow surge. Additionally, the lower fees of competing ETFs, some charging as little as 0.19% compared to GBTC's 1.5%, have enticed investors to rebalance their portfolios.\nThe recent court approval for bankrupt crypto firm Genesis to sell $1.3 billion in GBTC shares to repay creditors adds another layer of complexity. While the future trajectory of GBTC remains uncertain, the slowed outflow pace suggests a potential stabilization.", 'While the potential approval of a spot Ethereum ETF has been cited as a reason for Ethereum\'s recent price increase, Grayscale Investments offers a different perspective. In a recentreport, the asset manager suggests the upcoming Dencun upgrade, scheduled for March 13, 2024, is the true driver behind the surge.\nGrayscale analyst William Ogden Moore argues that the market anticipates the upgrade\'s ability to improve transaction throughput and cost reduction, making Ethereum more competitive with faster blockchains like Solana. While bullish on Ethereum, the report acknowledges the cryptocurrency\'s underperformance compared to its sector in 2023, particularly against Solana\'s impressive 900% growth.\nThis bullish stance from Grayscale might be influenced by their ongoing efforts to convert their Ethereum trust into a spot Ethereum ETF. With spotBitcoinETFs already approved, some predict similar approval for the Ethereum equivalent by May 2024.\nBeyond Dencun and potential ETF approval, Grayscale also highlights "net deflationary supply" and "network revenue generation" as factors contributing to Ethereum\'s future. Additionally, the report emphasizes Ethereum\'s potential to recapture lost ground in the smart contract application market. They believe that by becoming more competitive in throughput and cost, Ethereum can attract applications requiring high levels of security and censorship resistance, such as stablecoins and tokenized financial assets.', 'Business intelligence firm MicroStrategy\'s X account has beenhacked, with malicious links posted to a fake airdrop of a so-called "official" Ethereum-based MSTR token. Users who clicked on the links were directed to a copycat MicroStrategy webpage that prompted them to connect their wallets and claim the fake airdrop. Once users granted the necessary permissions, the attackers were able to automatically drain their wallets.\nAccording to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from the scam have already exceeded $440,000. One user alone lost over $420,000 worth of altcoins, including wBAI, CHEX, and wPOKT. The MicroStrategy attacker\'s wallet currently holds over $329,000 worth of Ethereum-based tokens.\nCrypto industry experts have criticized the scam for its obvious nature. MicroStrategy is a firm that is exclusively focused onBitcoin, and it is highly unlikely that it would launch a token on Ethereum. Founder and Chairman Michael Saylor is a vocal Bitcoin proponent, and hascalled the ETF approvals a catalystfor a major bull run.\nMicroStrategy has not yet publicly commented on the hack. However, the company has a history of being targeted by scammers. In 2022, the company\'s CEO, Michael Saylor, was impersonated on social media in an attempt to promote a fake cryptocurrency giveaway. MicroStrategy recentlyannounced a purchase of $37 million worth of BTCin its earnings call, bringing their total holdings to over $8.1 billion.', 'Uniswapgovernanceproposal looks to implement the long-awaited revenue share for UNIstakers, sending shockwaves through theDeFispace. Delta-neutralstablecoinproject Ethena, goes live onmainnet, launching their Shard campaign as well, whileSushilaunches Sushi Bonds, a new way for protocols to bootstrap sticky liquidity.\nTotal Value Locked(TVL) across all chains continue climbing higher, despite weakness across variousaltcoinsand ecosystem tokens. Notable outperformers includezero-knowledge rollup,StarkNet, which saw inflows in anticipation for their incentives program, and Scroll, which saw a similar increase, likely due to an influx ofairdropfarmers after several cryptic tweets by the Scroll team.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the mainnet launch for the controversialBlastL2approaches, The L2 is shaping up to become the second largest L2 by TVL on launch. Ash covers all the main projects building on the Blast testnet so far includingdecentralized exchanges(DEXs),money markets,perpetualDEXs,NFTmarketplaces, GambleFi, games and more.\nUniswap Foundation proposes a governance proposal to implement the fee switch for stakers of the UNI token, in a revolutionary move for the project. While not passed yet, the move has triggered renewed interest in DeFi tokens, which have long seen underperformance against the wider market.\nEthena Labs goes live onEthereumtogether with its Shard Campaign. Users can now earn Shards through holding Ethena’s stablecoin,USDe, providing liquidity for USDepools, staking or locking USDe. These shards are expected to convert to Ethena’s own token once the token is launched.\nOther Product Launches and Updates\n• Frax Financefounder,Sam Kazemian, teases the upcoming snapshot for FXS lockers, leading up to the launch of Frax Finance’s own chain, Fractal. The snapshot will airdrop FXTL points to eligible veFXS stakers.\n• Leverageprotocol,Gearbox, unveils leveraged EigenLayer restaking. ThroughGearbox’s strategies, users can now earn up to 9.5xEigenLayerpoints or 19.5x EtherFi points, depending on the leverage they choose to take on.\n• Liquid restaking protocol,KelpDAO, announces the launch of their point system, Kelp Earned Points (KEP), which users can earn by minting and holdingrsETH, KelpDAO’s restaking token.\n• Bridgingprotocol,Across Protocol, releases Across V3, which brings to the bridge an intents-focused approach to bridging using across-chainsettlement layer and bridge hooks, as well as upgrades to the bridge for a better user experience.\n• Zircuit is now open for staking. Users can deposit selectedliquid staking tokensor liquid restaking tokens to earn Zircuit points. All deposited tokens will continue to earn their respective points and yields, such as EigenLayer Points, staking yields and more.\nMulti-chainDEX, Sushi, announces Sushi Bonds, an alternative toliquidity miningto incentivize more sticky liquidity on protocols while allowing token buyers to purchase tokens on discount. Sushi Bonds are currently live, supporting four projects onArbitrumand one onPolygon.\nBlast announces the winners for the Big Bang competition, which selects some of the most innovative and interesting applications building on Blast. Blast has allocated 50% of the Blast airdrop to these applications, with a large portion allocated to Big Bang winners.\nOther Product Launches and Updates\n• Popular perpetuals DEX,GMX, announces a proposal to introduce a GMX chain, which would useGMXas itsgastoken, to explore various possible expansions for the protocol.\n• MYX Finance launches on Arbitrum, bringing to the chain a new perpetuals DEX, powered by its novel Matching Pool Mechanism to provide zeroslippageand zero borrowing cost trading to its users.\n• Optionsprotocol,Lyra, launches their own wallet, Lyra Wallet, enabling users to onboard more easily, using only their email, Google or Apple accounts to sign up. LyraWalletis powered by Coinbase’s Wallet-as-a-Service product.\n• ModularDeFi L2,Mode Network, releases its L3 chain, Mode Flare, on mainnet. Mode Flare is powered by theOPStack, withCelestiafacilitating itsdata availabilityneeds.\n• DEX aggregator,Matcha, unveils Matcha Auto on Coinbase L2, Base, bringing gasless swaps, faster trade confirmations as well as protection fromMaximal Extractable Value(MEV) attacks to the chain.\nRollApps settlement layer,Dymension, launches the DymensionAutomated Market Maker(AMM), which enablesswappingof tokens across all of Dymension’s supported RollApps. The AMM takes a 0.3% fee, which drives value back to the chain.\nOsmosisnow supportsWrapped BTC(WBTC) natively, with the support of cryptocustodysolution, BitGo. Users can now trade,provide liquidityor lend WBTC on the chain.\nConsenSys-backedzero-knowledgeEthereum Virtual Machine(zkEVM) chain, Linea, kicks off Linea Park, a new campaign to explore gaming and social applications on the chain. Participants can earn Linea XP, which have been utilized in past Linea campaigns as well.\nZero-knowledge rollup, StarkNet, opens claims for the STRK token airdrop this week. Claims will be open until 20 June 2024. 40 million tokens will also be distributed to DeFi protocols on StarkNet as part of their StarkNet DeFi Spring.\nSolanaDEX aggregator,Jupiter, announces an airdrop of $100K in rewards to the top 500 users on the Solana Mobile 2 leaderboard as of the first snapshot. The rewards will be disbursed in March.\nOptimism airdrops more than 10 million OP tokens to eligible NFT creators on the Superchain in the fourth Optimism airdrop. Claim remains open until February 2025.\nDeFi Villain reminds us that despite us technically being in abull market, it still feels difficult to pick a coin to have strong conviction in.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'In its typical cyclical fashion, the crypto market is gearing up for another bull market run. While household names likeBitcoinandEthereumremain safe bets to ride the waves of a bull market, when it comes to crypto, it\'s usually the ones that fly under the radar that make the most significant gains.\nHere are three cryptocurrencies that should be on every investor\'s list if we\'re at the start of a new bull market.\nIt\'s no secret that Bitcoin can really only be used for storing value or as a means of payment. But there\'s one blockchain looking to change that --Stacks(CRYPTO: STX).\nWith its smart contracts and symbiotic relationship with Bitcoin\'s blockchain, Stacks enables users to participate in thedecentralized finance (DeFi)economy but in a Bitcoin-centric fashion. Stacks is a Layer-2 blockchain, and all transactions on Stacks are finalized on Bitcoin, meaning it shares Bitcoin\'s unparalleled levels of security and decentralization.\nMost importantly, though, Stacks is sitting on a multibillion-dollar opportunity. Take Ethereum, for example. Similar to Stacks\' relationship with Bitcoin, there are several Layer-2 solutions built on top of Ethereum. As Ethereum\'s popularity in DeFi has grown, so have its Layer-2 partners. Today, the collective value of all Ethereum Layer-2 blockchains is worth more than $20 billion.\nHere lies the opportunity for Stacks. Bitcoin is 3 times as valuable as Ethereum, and Stacks holds the keys to unlocking this dormant capital. Today, Stacks\' market cap sits at just around $3 billion. If Bitcoin becomes the foundation of a digital economy like Ethereum, then Stacks could see itsvalue soar.\nNo blockchain is perfect. In some way or another, every blockchain makes trade-offs between high speeds/low fees (scalability), security, or decentralization. But there\'s one new project with some serious potential to check all three boxes.\nCreated in 2021,Kaspa(CRYPTO: KAS)utilizes an innovative blockchain design to provide users and developers with the best possible experience. While traditional cryptocurrencies like Bitcoin and Ethereum use linear blockchains where block after block is added sequentially, Kaspa\'s blockchain isn\'t even really a chain. A better representation would be to describe Kaspa as a "blockweb."\nKaspa\'s innovative approach to the blockchain means it can process transactions exponentially faster than traditional blockchains. But most importantly, it doesn\'t make sacrifices in decentralization and security to accomplish this.\nWhile plenty of blockchains out there today boast impressive scalability, none are able to preserve high levels of decentralization and security. But Kaspa comes awfully close.\nThe technicalities can be overwhelming, but suffice it to say Kaspa\'s innovative network allows it to preserve high levels of decentralization and security. In fact, Kaspa was designed with many of the same principles that have made Bitcoin the most secure and decentralized cryptocurrency in the world. Not to mention, it also has a finite supply of coins that will enter the market at a diminishing rate, just like Bitcoin.\nKaspa is still in its early days, making this option extremely speculative, but the project looks promising. Soon, developers will unveil smart contracts, allowing for the construction of innovative decentralized applications commonly found on other blockchains today. If all goes to plan, Kaspa could become the most secure, decentralized, and scalable blockchain all in one.\nProbably the most well-known of the three cryptocurrencies to make this list isPolygon(CRYPTO: MATIC), an Ethereum-compatible Layer-2 blockchain. Launched back in 2017, Polygon has been around for a while, but is likely far from reaching its full potential.\nAs one of the most popular blockchains in the world, Ethereum is prone to slow speeds and high fees when the network becomes bogged down with traffic. Rather than overhauling Ethereum\'s blockchain (which would be a significant challenge), Ethereum developers plan on optimizing the network to increase scalability through Layer-2 blockchains like Polygon.\nWith a clear role in Ethereum\'s future viability, Layer 2s are a lucrative opportunity for investment. Yet, while several Ethereum-compatible Layer 2s exist today, Polygon stands out for various reasons.\nNotably, it has been around the longest and boasts a proven track record of functionality. In addition, it is home to more active users and processes more transactions daily than any other Layer 2. But most importantly, Polygon is building for the future.\nIf all goes to plan, Polygon could become the premier Ethereum scaling solution. Like many aspects of blockchains, the details can be a little complicated, but over the coming year, Polygon will implement an upgrade that will allow developers to build entire new blockchains to suit specific needs. You could almost think of these new blockchains as Layer 3s built on top of Polygon.\nBut since the common thread among these new chains will be Polygon, they will all be interoperable with each other. This flexibility and customization, combined with its Ethereum compatibility, could make Polygon one of the most functional and sought-after blockchains to build on in the digital economy.\nIt can\'t be emphasized enough that these assets are extremely speculative compared to more proven assets like Bitcoin or Ethereum. Although optimistic outlooks assume that all will go to plan and these cryptocurrencies will reach their full potential, many things must go right for this to happen.\nHowever, if targets are reached and goals are achieved, then these cryptocurrencies have the potential to transform portfolios in ways that only cryptocurrencies can. Don\'t be surprised if Stacks, Kaspa, and Polygon become this bull market\'s group of hidden gems.\nShould you invest $1,000 in Stacks right now?\nBefore you buy stock in Stacks, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Stacks wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin, Ethereum, Polygon, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Polygon. The Motley Fool has adisclosure policy.\n3 Under-the-Radar Cryptocurrencies to Buy Before the Bull Market Takes Offwas originally published by The Motley Fool', 'On Monday, crypto platform Anchorage Digital will announce the launch of Porto, its institutional self-custody wallet, the latest product offering from the only digital assets firm to hold a national trust charter with the Office of the Comptroller of the Currency.\nAnchorage’s core offering has long been a white-glove cryptocurrency custody service for institutions like VC firms and sovereign wealth funds, offered through its banking arm. The new launch comes after clients asked for a self-custody solution using Anchorage’s existing technology, cofounder and CEO Nathan McCauley toldFortunein an exclusive interview.\n“Right now, many people look to self-custody solutions to allow them to do a more flexible set of activities on the blockchain,” McCauley said. “We really think of this as expansionary and additive.”\nFounded in 2017, San Francisco–based Anchorage Digital is one of the largest custodians in the digital assets space, safeguarding assets like Bitcoin and Ether on behalf of institutional clients. Its growth has been buoyed by investments from major crypto VCs, including a $350 millionSeries D roundin 2021 backed by a16z Crypto and Blockchain Capital, along with more traditional players likeKKRandGoldman Sachs.\nPart of Anchorage’s success comes from its trust charter approval with the OCC in early 2021, as the term of acting comptroller Brian Brooks came to an end. Other firms, including Paxos and Protego, have not had thesame successunder the current acting comptroller, Michael Hsu.\nWhile other crypto custodians likeCoinbaseand BitGo operate as state-chartered trusts under the New York Department of Financial Services, Anchorage still has the distinction of being the only firm with a national charter—a key differentiation as debate rages over what type of firms will fall under the “qualified custodian” definition currently beingdiscussedat the Securities and Exchange Commission.\nAnchorage’s new offering, Porto, will be offered by Anchorage Digital directly, rather than via its banking arm. Instead of custodying assets on behalf of clients, Porto will allow institutions to hold and handle their own assets, using the same underlying technology as its bank, such as biometric authentication and asset recovery.\nUnlike its Anchorage Bank service, Porto’s self-custodial approach will allow institutions to perform a more flexible set of activities with their assets, such as connecting to distributed apps and collecting rewards. While some asset managers prefer to just hold their cryptocurrencies, others take a more active strategy—such asrestakingandyield farming—to earn returns.\nProviding a self-custodial option to clients could also pose challenges to Anchorage. While its bank can have stricter compliance controls when it manages custodial services for users, overseeing flows of money in and out, a self-custodial solution offers more freedom for users that could trigger anti-money-laundering controls if proposed lawsexpand the definitionof money service businesses to include software like wallet providers—a currentpoint of contentionwith legislators.\nMcCauley argued that with self-custodial options, clients handle compliance themselves. As politicians debate new bills that could create different oversight standards for software providers, he said that Anchorage is monitoring developments and is committed to the “highest level of compliance in the world.”\nPorto launches with support for more than 200 tokens, including Bitcoin, Ether, Aptos, and Sui, as well as Ethereum assets and decentralized apps. McCauley said that by migrating the technology employed at Anchorage’s banking arm to Porto, it will be able to compete with other players because of its usability. For example, Porto will be available through both its iOS and desktop app.\nLike the rest of the crypto industry, Anchorage went through growing pains in 2023 amid a broader market retreat,cutting20% of its staff in March 2023.\n2024 is off to a better start for the sector, and especially for custodial products. Porto will likely add a new source of revenue for Anchorage, which has over $45 billion in assets under custody, according to the company. McCauley said that users will pay subscription and usage fees, compared with its banking custodial service, which charges based on assets under custody.\nAnother bright spot has been the launch ofspot Bitcoin ETFsin January, which created a spotlight around the companies that would offer custody for the underlying cryptocurrencies. The vast majority of the issuers chose Coinbase as their initial partner.\nIn recent weeks, issuers have begun to explore adding secondary custodians, looking to other companies such as BitGo and Gemini. McCauley declined to share whether Anchorage was in discussions with issuers but signaled that it could be a partner in future.\n“We are the natural custodian to choose for ETFs,” he toldFortune.“It stands to reason that every ETF that is holding large amounts of Bitcoin will want to diversify their customer base to best serve their investors.”\nThis story was originally featured onFortune.com', 'This article originally appeared inFirst Mover, CoinDesk\'s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nThe bitcoin(BTC)price was little changed Monday, in line with subdued weekend volatility, with one trader saying it could drop to as low as $47,000."The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days," Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. The CD20 broad market gauge has dropped 0.4% in the past 24 hours. Bitcoin hovered around the $51,500 mark, while ether(ETH)regained $3,100 on the back of the relatively new narrative for spot ether exchange-traded funds (ETFs). After abuoyant weekfor artificial intelligence (AI)- related tokens, prices fell with Worldcoin (WLD) and SingularityNET (AGIX) both losing around 4%. Tokens of Ethereum layer-2 platform Mantlezoomed30% to a lifetime peak at 93 cents. There was no immediately apparent catalyst for the price gains, but it came on the back of mantleETH, a staked version of ether, crossing the $1.5 billion value-locked marklast week.\nU.S.-based forex pioneer Oanda isopeninga U.K. cryptocurrency trading platform registered with the country\'s regulator, the Financial Conduct Authority (FCA), based in London and dubbed Oanda Crypto. It\'s the summation of last year\'s acquisition of a majority stake in FCA-registered Coinpass, and will offer trading in over 63 cryptocurrency pairs, including bitcoin, ether and XRP, with plans to add more tokens and features over the course of the year, the company said. While some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for Oanda, the firm\'s head of digital assets, Lucian Lauerman, said.\nThe core team behinddecentralized finance(DeFi) protocol Frax Financecouldsoon follow the leadingdecentralized exchange(DEX) Uniswap\'sproposal to distributea portion of protocol fees to stakers of its native token, Frax\'s CEO and founder Sam Kazemian told CoinDesk.The ecosystem\'s governance and utility token is(FXS). Users who lock their FXS receive veFXS tokens, allowing them to keep their utility and governance rights. The veFXS tokens can be staked on the Ethereum mainnet and natively on Frax Finance\'slayer 2,Fraxtal. The proposal will recommend sharing protocol revenue with veFXS stakers, Kazemian said in an interview. The community voted to stop revenue sharing in 2022.\n• The chart shows the annualized funding rate for the top 25 cryptocurrencies by market value. The yellow bars represent an annualized percentage rate (APR) of nearly 50%, which indicates excess bullish leverage.\n• The market for most coins looks overheated, with APR nearing 50%.\n• Excess leverage often presages mass liquidations and rapid price corrections.\n• Source: Velo Data\n- Omkar Godbole\n• MicroStrategy\'s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT\n• Blast Ecosystem Sees First Apparent Scam as \'RiskOnBlast\' Rug Pulls $1.3M Ether\n• Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial', 'This article originally appeared inFirst Mover, CoinDesk\'s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nThe bitcoin(BTC)price was little changed Monday, in line with subdued weekend volatility, with one trader saying it could drop to as low as $47,000."The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days," Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. The CD20 broad market gauge has dropped 0.4% in the past 24 hours. Bitcoin hovered around the $51,500 mark, while ether(ETH)regained $3,100 on the back of the relatively new narrative for spot ether exchange-traded funds (ETFs). After abuoyant weekfor artificial intelligence (AI)- related tokens, prices fell with Worldcoin (WLD) and SingularityNET (AGIX) both losing around 4%. Tokens of Ethereum layer-2 platform Mantlezoomed30% to a lifetime peak at 93 cents. There was no immediately apparent catalyst for the price gains, but it came on the back of mantleETH, a staked version of ether, crossing the $1.5 billion value-locked marklast week.\nU.S.-based forex pioneer Oanda isopeninga U.K. cryptocurrency trading platform registered with the country\'s regulator, the Financial Conduct Authority (FCA), based in London and dubbed Oanda Crypto. It\'s the summation of last year\'s acquisition of a majority stake in FCA-registered Coinpass, and will offer trading in over 63 cryptocurrency pairs, including bitcoin, ether and XRP, with plans to add more tokens and features over the course of the year, the company said. While some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for Oanda, the firm\'s head of digital assets, Lucian Lauerman, said.\nThe core team behinddecentralized finance(DeFi) protocol Frax Financecouldsoon follow the leadingdecentralized exchange(DEX) Uniswap\'sproposal to distributea portion of protocol fees to stakers of its native token, Frax\'s CEO and founder Sam Kazemian told CoinDesk.The ecosystem\'s governance and utility token is(FXS). Users who lock their FXS receive veFXS tokens, allowing them to keep their utility and governance rights. The veFXS tokens can be staked on the Ethereum mainnet and natively on Frax Finance\'slayer 2,Fraxtal. The proposal will recommend sharing protocol revenue with veFXS stakers, Kazemian said in an interview. The community voted to stop revenue sharing in 2022.\n• The chart shows the annualized funding rate for the top 25 cryptocurrencies by market value. The yellow bars represent an annualized percentage rate (APR) of nearly 50%, which indicates excess bullish leverage.\n• The market for most coins looks overheated, with APR nearing 50%.\n• Excess leverage often presages mass liquidations and rapid price corrections.\n• Source: Velo Data\n- Omkar Godbole\n• MicroStrategy\'s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT\n• Blast Ecosystem Sees First Apparent Scam as \'RiskOnBlast\' Rug Pulls $1.3M Ether\n• Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial', "The largest corporate owner of bitcoin {{BTC}}, MicroStrategy (MSTR) has purchased an additional 3,000 tokens for $155 million, bringing the company's total holdings up to 193,000 coins.\nThese new buys were made between Feb. 15 and Feb. 25 and the tokens were acquired at an average price of $51,813 each, according toan SEC filing. The company now holds 193,000 bitcoin purchased for $6.09 billion, or an average price of $31,544 each,tweeted Executive Chairman Michael Saylor.\nWith bitcoin currently trading at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion.\nMSTR shares are currently up 1.1% in pre-market trading to $695.", "The largest corporate owner of bitcoin {{BTC}}, MicroStrategy (MSTR) has purchased an additional 3,000 tokens for $155 million, bringing the company's total holdings up to 193,000 coins.\nThese new buys were made between Feb. 15 and Feb. 25 and the tokens were acquired at an average price of $51,813 each, according toan SEC filing. The company now holds 193,000 bitcoin purchased for $6.09 billion, or an average price of $31,544 each,tweeted Executive Chairman Michael Saylor.\nWith bitcoin currently trading at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion.\nMSTR shares are currently up 1.1% in pre-market trading to $695.", 'Avail, among a handful of new "data availability" blockchain projects designed to handle transaction data produced by the increasingly sprawling networks, announced on Monday a $27 million fundraising led by the venture capital firms Founders Fund and Dragonfly.\nAvail, spun out of Polygon in March 2023 and is led by a Polygon co-founder, Anurag Arjun, will use funds from the seed round to develop three of core products: its data availability solution (DA), Nexus and Fusion, collectively marketed as the “Trinity.”\nAvail DA,the first core component,offers data space data for auxiliary "layer-2 networks" or "rollups" designed to handle transactions faster and cheaper than on base blockchains like Ethereum. The new DA project is expected to go live early in the second quarter of 2024.\nThe emergence of these data availability solutions has become one of the most hotly discussed trends in crypto, since they could help to turn blockchain systems architecture into a more "modular" design, where core functions like transaction execution and data processing could be handled separately.\nThey came into the limelight last year with projects like Celestia, whichwent live in October, and EigenDA, currently in development. The latter project is being developed by EigenLabs, the firm behind the restaking protocol EigenLayer, which last weekraised $100 millionfrom the venture capital firm a16z to keep building out its products.\nAvail Nexus is a “zero-knowledge, proof-based coordination rollup on Avail DA,” meaning that it will operate as an infrastructure layer that connects different rollups through the Avail ecosystem to talk to one another, according to a press release seen by CoinDesk. It will “act as the verification hub, which unifies a wide array of rollups both inside and outside the Avail ecosystem, utilizing Avail DA as the root of trust.”\nThe project\'s “Fusion Security” will take crypto assets like bitcoin (BTC) and ether (ETH) and contribute to the security of the Avail ecosystem.\nNexus’ first iteration is expected to go live during 2024, while Fusion Security will be ready in 2025, according to the company.\nThe rollups space on Ethereum is fragmented, with major teams competing for many of the same users.\nArjun, the Avail co-founder, argues that there is a need to work together with these rollups in order to make the user experience more unified.\n“You really need a credible third party like Avail to come and work with all these teams,” Arjun told CoinDesk in an interview. “We essentially want to be that unifying factor in that sense, and we have built out a technology so that it can enable these kinds of changes.”\nRead more:Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up', 'Approved distribution readies Cipher for its next chapter of growth with a more diversified shareholder base\nAMSTERDAM,Feb. 26, 2024/PRNewswire/ --\xa0Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced the shareholder approval of the non-dilutive distribution of approximately 126 million common shares currently held by Bitfury in Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher")in accordance with plans that were previously outlined.\nOf these 126 million common shares of Cipher, approximately 107 million shares will be distributed by Bitfury to its long-term shareholders on a pro rata basis, including approximately 50 million shares being distributed to the majority owner of Bitfury, V3 Holding Limited (a holding company wholly-owned by Bitfury\'s CEO), and approximately 57 million shares being distributed in the aggregate to approximately 50 other Bitfury shareholders. The company believes these are shareholders that support Bitfury and now may benefit from having direct exposure to the competitive advantages of Cipher\'s business model, particularly going into the next halving cycle in the coming months.\nIn addition to the pro rata distribution described above, approximately 18.5 million shares will be reserved for the benefit of former and current Bitfury employees, contractors and advisors.\nThe distribution of approximately 107 million shares and 18.5 million shares being allocated to employees, contractors and advisors will reduce Bitfury\'s stake in Cipher to approximately 50 million shares as part of a strategically planned effort to reduce Bitfury\'s ownership concentration in Cipher priming its successful spin off for its next stage of growth.\nThe following table shows Bitfury\'s estimate of the approximate general concentration of ownership\xa0in Cipher\'s shares before and after the distribution (share numbers in millions):\n[["", "(shares)", "(\\u00a0%)", "(shares)", "(\\u00a0%)", "(shares)", "(\\u00a0%)"], ["Bitfury", "175.8", "68.4\\u00a0%", "68.5", "26.6\\u00a0%", "50.0", "19.5\\u00a0%"], ["V3 Holding Limited(1)", "0", "0.0\\u00a0%", "50.3", "19.6\\u00a0%", "50.3", "19.6\\u00a0%"], ["Free Float", "81.3", "31.6\\u00a0%", "138.2", "53.8\\u00a0%", "156.7", "61.0\\u00a0%"], ["Total Shares Outstanding(2)", "257.1", "100.0\\u00a0%", "257.1", "100.0\\u00a0%", "257.1", "100.0\\u00a0%"], ["", "", "", "", "", "", ""], ["(1)Counting only shares owned directly, excluding beneficial ownership of shares owned by Bitfury.(2)257,057,496 shares of Common Stock outstanding as of December 8, 2023, based on (i) 254,660,072 shares of Common Stock outstanding as of November 6, 2023, as disclosed in Cipher\'s Quarterly Report on Form 10-Q and (ii) Cipher\'s issuance of 2,397,424 shares of Common Stock on December 8, 2023, as disclosed in Cipher\'s Current Report on Form 8-K filed with the SEC on December 8, 2023"]]\nV3 Holding Limited is expected to beneficially own approximately 46% of the outstanding shares of Cipher following the distribution of approximately 107 million shares and reducing it to approximately 39% following the distribution of approximately 18.5 million shares, including both the shares V3 Holding Limited receives in the pro rata distribution and the shares which are retained by Bitfury.\nBitfury believes that none of its other shareholders will hold positions of more than 5% of Cipher\'s shares as a result of the distribution.\nThe pro rata distribution process of approximately 107 million shares is expected to commence today and to be largely completed in the coming weeks, with the distribution of the approximately 18.5 million shares expected to be completed in the next few months.\nVal Vavilov, CEO of Bitfury,commented on today\'s news, "Bitfury has served as an incubator for Cipher, transferring the knowledge we\'ve accumulated during more than 10 years of building and operatingBitcoinmining data centers all around the world, with the end goal always being to provide the firm with the financial and operational freedom via a diversified shareholder base. Cipher is a great example of the value we can provide to our portfolio of incubated companies, and I believe this move will yield positive results for both Bitfury and Cipher shareholders alike."\nTyler Page, CEO of Cipher,commented, "We are excited about these upcoming changes to the Cipher capital table. The market can now look beyond technical issues of our shareholder base, and focus instead on the enormous fundamental value in our stock, driven by our best-in-class power structure, our clear path to growth, and our proven execution."\nAbout BitfuryBitfury is the world\'s leading full-service blockchain technology company. Since our founding in 2011, Bitfury has built on its heritage as one of the earliestBitcoinminers and providers ofBitcoinmining equipment to develop a suite of infrastructure products and services that power the Web 3.0 ecosystem and make digital assets safe, sustainable, and useful. From hardware to security to software, our businesses leverage today\'s cutting-edge technologies to solve the most pressing challenges of tomorrow.\nTo learn more about Bitfury, please visithttps://bitfury.com/\nAbout CipherCipher is an emerging technology company focused on the development and operation ofbitcoinmining data centers. Cipher is dedicated to expanding and strengthening theBitcoinnetwork\'s critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader inbitcoinmining growth and innovation.\nTo learn more about Cipher, please visithttps://www.ciphermining.com/\nForward Looking Statements\nThis press release contains certain forward-looking statements within the meaning of the federal securities laws ofthe United States. Cipher intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of or additionalbitcoinmining data centers, expectations regarding the operations of mining centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words "may," "will," "should," "expects," "plans," "anticipates," "could," "seeks," "intends," "targets," "projects," "contemplates," "believes," "estimates," "strategy," "future," "forecasts," "opportunity," "predicts," "potential," "would," "will likely result," "continue," and similar expressions (including the negative versions of such words or expressions).\nThese forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher\'s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher\'s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") onMarch 14, 2023, and in Cipher\'s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.\nBitfury Media [email protected]\nCipher Investor Contact:Josh KaneHead of Investor Relations at Cipher [email protected]\nCipher Media Contact:Ryan Dicovitsky/Kendal TillDukas Linden Public [email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bitfury-group-announces-approval-of-distribution-of-cipher-mining-inc-shares-302071123.html\nSOURCE Bitfury', 'In this article, we discuss the 10 stocks that will make you rich in 2024. To skip the detailed analysis of the recent events in the financial markets and expert outlook, go directly to the5 Stocks That Will Make You Rich In 2024.\nSo far, the Fed’s efforts have managed to contain the inflation and is expected to push the US economy toward a soft landing rather than arecessionlike the European countries such as the U.K. and Germany experienced.\nLast year was another strange year for the market as it was believed that the US economy would go into a recession. However, the complete opposite happened, and the S&P 500 was able to manage gains of over 25%. While it is believed that growth stocks usually perform well during interest rate cuts and have bearish outcomes during economic downturns, the economy was saved by the technology sector, which is dominated by growth stocks. Companies like Nvidia and Meta saw triple-digit growth and are still up 63.63% and 39.78% year-to-date (YTD) at the time of market closing on February 23.\nIt is important to note that while it is a popular belief that AI and semiconductor stocks were the top performers of the year, it is not entirely true.Blockchainand crypto news were wildly overshadowed by the AI revolution. Some of the best-performing ETFs included Global X Blockchain ETF (BKCH) and Valkyrie Bitcoin Miners ETF (WGMI). However, cryptocurrencies have shown a significant amount of volatility in the first two months of the year.\nWhile the Fed has not been clear on its rate-cutting position in 2024, experts believe that it might start in the first half of the year, which means that growth stocks might make you rich in 2024. Although experts still have mixed opinions about the current year, you can still take a look at14 Best Beaten Down Stocks To Buy Right Now, which also contains a list of stocks with the potential to make you rich in 2024.\nEven though 2023 was a great year for the market, many analysts believe that the current year might not be as great and should be an average year. It shouldn’t come as a surprise as the news of a soft landing has been spreading around. The “average year” analysis is provided by Morgan Stanley, which believes in it due to normalizing financial conditions, excessive valuations, and a few other factors. The firm suggestsmaintaining a preferenceforvalue stocksas compared togrowth stocksat least till the first rate cut by the Federal Reserve.\nOn the other hand, B.Riley and JP Morgan have quite bullish views about the future of the market. One of their main concerns is the over-valuation of stocks due to the 2023 rally. JP Morgan warns about a potential 20% to 30% dip in the market, while B. Riley Strategist Paul Dietrich predicts amild recession, which could steer the market toward a 40% decline.\nWhile most analysts believe in a mediocre market performance this year, there are still some investments that can make you rich. For this purpose, we created a list of stocks that could make you rich in 2024, and some of them include Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD).\nA financial analyst looking through a microscope at stocks to determine their market value.\nOur Methodology\nFor this article, we chose the 10 stocks that will make you rich according to the consensus opinion of financial media websites such as The Motley Fool, Kiplinger, and Moneycontrol in addition to financial services firms like Morningstar and some experts. We chose the stocks that were mentioned by at least three different sources and then listed them according to their hedge fund sentiment as of the fourth quarter of 2023.\nThe hedge fund data was taken from Insider Monkey’s database that tracks 933 elite hedge funds. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 24\nSymbotic Inc. (NASDAQ:SYM) is a Massachusetts-based company that constructs and operates automated warehouse systems using AI-powered software.\n11 Wall Street analysts covered Symbotic Inc. (NASDAQ:SYM) over the past three months, and 9 maintained a Buy rating on the stock. As of the February 23 market close, the average price target of $53.44 represented an upside of 32.28%.\nOn February 7, DA Davidson analyst Matt Summerville upgraded the rating of Symbotic Inc. (NASDAQ:SYM)’s stock to Buy from Neutral with an unchanged price target of $50.\nSymbotic Inc. (NASDAQ:SYM) is one of the stocks that will make you rich in 2024, along with Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD).\nNumber of Hedge Fund Holders: 29\nSoFi Technologies, Inc. (NASDAQ:SOFI) provides financial services and products, including credit cards, investing, and more.\nAccording to Insider Monkey’s database that tracks 933 hedge funds, hedge fund sentiment was positive toward SoFi Technologies, Inc. (NASDAQ:SOFI) as 29 funds had a total stake value of $697.437 million in Q4, up from 24 hedge funds with a combined stake value of $499.934 million in Q3. Jim Davidson, Dave Roux And Glenn Hutchins’Silver Lake Partnerswas the top investor in the company, with 31.154 million shares worth $309.984 million.\nOn January 29, SoFi Technologies, Inc. (NASDAQ:SOFI) reported its Q4 earnings result with a non-GAAP EPS of $0.02. The revenue jumped 34.0% year-over-year (YoY), surpassing the estimates by $22.74 million.\nNumber of Hedge Fund Holders: 31\nLi Auto Inc. (NASDAQ:LI) is a Chinese company that produces new energy passenger vehicles (NEV).\nOn February 1, Li Auto Inc. (NASDAQ:LI) reported that its January deliveries increased by 105.8% YoY to 31,165 vehicles. Xiang Li, chairman and chief executive officer of the company, mentioned that the company is aiming to reach 800,000 annual deliveries this year.\nOver the last three months, 4 Wall Street analysts covered Li Auto Inc. (NASDAQ:LI), and all kept a Buy rating o Last 60 Days of Bitcoin's Closing Prices: [42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-26 Financial & Commodity Data: - Gold Closing Price: $2028.50 - Crude Oil Closing Price: $77.58 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,009,702,551,812 - Hash Rate: 540324029.7322387 - Transaction Count: 356184.0 - Unique Addresses: 620435.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Spot bitcoin ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers. TheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data. Each of those totals is larger than the next seven spot bitcoin exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less. [{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}] The outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S. And as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space. As expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate. Since its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund. The outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains. On the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon. Still, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets. If bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million). The task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Subushie', 'The United States health care system was attacked this week Pt.2: ConnectWise', 73, '2024-02-26 00:34', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '^(This sub is described to be for discussions about issues which have captured your imagination; this story has been a fun ride and certainly did for me. There is this whole underground criminal ecosystem that just runs in the background, raking in hundreds of millions of dollars a year, and almost no one really knows it\'s happening. I wrote this on 02/24; and was on the fence about publishing it- but at the least, you will enjoy this story too. In this post, I offer articles available to everyone in the timeline they occurred over the last week. Additionally, I am only moderately educated in tech- so some of the jargon I use may not be the usual standard. At the end of the day, the conspiracy here is that I believe these stories are brushed under the rug because of how serious of a threat this really is; conclusions about the situation I outline here and its potential outcome I leave to you.)\n\n\n\n>‘It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, it\'s watching the internet burn and trying to respond and remediate the best we can. We\'re watching the world burn.’ \n> \n>John Hammond \nPrincipal Security Researcher at threat hunting firm Huntress \n02/23.\n\n# 02/19 Not a Bug, a Feature\n\nOn February 13th, a crowdsourced research team reached out to major IT company ConnectWise explaining a Proof of Concept (PoC) vulnerability within the company\'s flagship product ScreenConnect; the PoC outlines that these servers could be breached using a very simple flaw that allows hackers to create an Administrative account inside the server; by creating an administrative account, the hacker is then able to essentially do whatever they want with the machines connected to them. ScreenConnect servers host hundreds of thousands of endpoints (other PCs) across the world, the majority of these servers are used by local governments, emergency systems, and healthcare organizations.\n\nThis flaw is being tracked as CVE-2024-1709 (also called "the ScreenConnect Authentication Bypass") and described in a security bulletin by ArcticWolf as "embarrassingly easy" to execute. A video here posted on 02/20 shows how simple it is to accomplish- the ethical hacker finishes the exploit\'s steps in under 30 seconds and ends with "PLEASE PATCH". A detailed analysis of the bug by Huntress says\n\n>Once you have administrative access to a compromised instance, it is trivial to create and upload a malicious ScreenConnect extension to gain Remote Code Execution (RCE). *This is not a vulnerability, but a feature of ScreenConnec*t, which allows an administrator to create extensions that execute .Net code as SYSTEM on the ScreenConnect server\n\nCVE-2024-1709 has been listed to have a Common Vulnerability Scoring System (CVSS) score of 10. IT experts use the CVSS to identify the scope and impact.\n\n>It is very common to see vulnerabilities with a base score of 9.8, but much less common to see any with CVSS 10.0. The difference in CVSS score is primarily due to the scope metric.....A vulnerability with CVSS 9.8 has the most severe exploit-ability and impact metrics, but its impact does not extend beyond the vulnerable component. However, while a vulnerability with CVSS 10.0 also has the most severe exploit-ability and most often the highest impact metrics, its impact extends also beyond the vulnerable component.\n\nConnectWise posted a public notice on February 19th, recommending that clients update to a new patch (23.9.8) that corrected this issue. Prior to this update (which is now being offered for free as of 02/23) clients needed to pay a monthly maintenance fee to continue to receive updates. By the end of the day Monday, several thousands online-connected servers were identified to still be operating on patch 23.9.7 or earlier. Making these servers and all their endpoints vulnerable to intrusion.\n\n# 02/20 Operation Cronos\n\nThe United States\' Cybersecurity and Infrastructure Security Agency (CSIA), Federal Bureau of Investigations (FBI), The National Crime Agency (NCA), in a joint effort with 9 other countries; released information about the completion of a few year investigation code-named \'Cronos\' into a online cyber-gang named "LockBit" that specializes in Ransom as a Service (RaaS) attacks. Operation Cronos reportedly resulted in international arrests, shuttered 35 servers in the UK and US, 2 official arrests, and seizure of millions in crypto currency assets.\n\nAuthorities digging through the Bitcoin addresses are beginning to think the organization may have generated more than $1 billion in ransom since it\'s inception 4 years ago because of the \\~20% cut they usually take with their investors; meaning the seized cryptocurrency likely amounted to significantly more in actual income.\n\nRansomware as a Service\n\nOver the years cyber-gangs like LockBit have acted as threat actors for nation-state governments such as Russia, Korea, China, and Iran. The service they provide works like this:\n\n1. A entity hires a Cyber gang like LockBit to attack vulnerabilities in systems when they become available. The hiring entity pay a small commission to the cyber-gang, and then they get to work.\n2. The hackers install malware with these vulnerabilities that encrypts the victim\'s entire drive aside from the base configuration files. Allowing the user to still have access to their computer; but losing their data. The user is then prompted with an ominous message explaining the situation, and that they have a certain amount of days to pay LockBit or their information will be lost permanently.\n3. If the victim pays the attackers in time; the money is split with the entity that hired them and the decryption key is provided to the victim. If the allotted time passes with no payment or action, the victim loses their chance to recover the data on their drive. Their organization still profits as they keep the initial contract fee and will now attempt to sell the victim\'s data online.\n\n[The LockBit 3.0 Ransom screen](https://preview.redd.it/wqh6faqdftkc1.jpg?width=763&format=pjpg&auto=webp&s=bc3d6fa68a295011c2e891ac6f9afa84ce1776e1)\n\nDepending on the victim, these costs can be rather "reasonable" compared to something you\'d expect in a movie; that\'s because they want you to actually be able to pay. They usually target companies that would provide valuable data to sell if payment isn\'t sent; but individual users have been attacked as well. They also do not usually attack the same place twice- all in the pursuit of handling this business professionally so they do not damage their "reputation"; and again, it\'s just so they will get paid. They usually do; this is because these organizations operate out of countries such as Russia, where these crimes are not against-the-law when they are targeted at western countries.\n\nAdjacent cyber-gangs that also offer similar services include names like Cl0p, Akira, Play, ALPHV/Blackcat, and Rhyside.\n\n[DoT Sanction Press Release](https://preview.redd.it/ekcz6ba1htkc1.jpg?width=1543&format=pjpg&auto=webp&s=22077c8b70be492f33789a217031ccf84cee14ee)\n\nThe US Department of the Treasury and the Office of Foreign Assets Control posted trade sanctions that afternoon against hackers Ivan Kondratiev and Artur Ravilevich; announcing that any US based assets in their name would be seized and must be reported to the OFAC, anyone caught conducting trade with these individuals would be subject to arrest and potentially have the same sanctions posted on them. Additionally they posted a listing containing what they said to be the names of every individual associated with the cyber-gang.\n\n[List of LockBit affiliates released by Operation Cronos 02\\/21](https://preview.redd.it/0kpwkrugftkc1.png?width=1689&format=png&auto=webp&s=0e83dfc62dd58f51dfa2b15f19082a13975c1c0d)\n\nThe Cronos strike team claimed they only released one name per individual, with the reason they\'ve shared it is to prove to the LockBit gang that they know who they are, and they are coming for them.\n\nIn addition to the seizures and arrests; Japan\'s National Police Agency claimed they were able to create a free decryptor for the LockBit 3.0 malware or LockBit Black from the software found in the confiscated hardware, and is asking that any victims of this malware reach-out for assistance in unlocking their data.\n\nTokyo-based cybersecurity firm Trend Micro which assisted with the Project Cronos LockBit investigation also had this to add\n\n>The ransomware operation was working on the "next-generation" crypto-locking malware, dubbed *LockBit-NG-Dev*, "which could be an upcoming version the group might consider as a true 4.0 version once complete,"\n\nThe language suggests that although 3.0 was used to create a decryptor, this is not the case with the new LockBit-NG-Dev variant.\n\nLockBit Ethics\n\nLockBit in the past has explained they have strict rules as to what targets are allowed by their members; one of those being that Hospitals are strictly off the table-\n\nIn December 2022, a LockBit member attacked a the Toronto Children\'s hospital SickKids. LockBit shortly after provided the decryption key to the hospital and released an apology statement on Twitter.\n\n>We formally apologize for the attack on sikkids(.)ca and give back the decryptor for free, the partner who attacked this hospital violates our rules, is blocked and is no longer in our affiliate program.\n\nHowever now, the crime organization has appeared to have backtracked on those rules. In late January 2024, two Chicago hospitals were attacked using the LockBit software. On January 31st, the hospital\'s data was posted to their catalog with the remaining time left for the hospitals to pay, the ransom price ($895,294 USD), and the first few sentences of the description of the hospital\'s data\n\n[Screenshot captured from LockBit stolen data listing - Jan, 31st, 2024](https://preview.redd.it/u87klt4jftkc1.jpg?width=384&format=pjpg&auto=webp&s=40391d03a05db916c850fd673b1043abe7aa56f1)\n\nThe listing appears to have captured a new perspective the LockBit organization has taken up in regards to the United States\' Healthcare system.\n\nLater that day- Yossi Rachman senior Director of Research at Semperis; a IT security and recovery platform told InformationWeek:\n\n>*It is possible individuals involved with LockBit could attempt to reorganize under the same name or a different name. It is also possible they will seek retaliation after the disruption of operations.\n\n# 02/21 A $15 Million Reward\n\nThe morning of February 21st, Unitedhealth Group; a mega-corporation that deals primarily in medical services. Submitted a 8-K Form to the Security Exchange Commission explaining an ongoing situation in relation to one of their child companies Change Healthcare:\n\n>(United Healthgroup) identified a suspected nation-state associated cyber security threat actor had gained access to some of the Change Healthcare information technology systems. Immediately upon detection of this outside threat, the Company proactively isolated the impacted systems from other connecting systems in the interest of protecting our partners and patients, to contain, assess and remediate the incident.\n\nChange Healthcare hosts services that handle mission critical data such as medical delivery logistics, financial data/transactions, insurance claims, and storage of electronic medical health records which amount to 85 million patients in the US (25% of the population) among dozens of other services. These services handled 15 billion medical related transactions last year alone. Change Healthcare is also the sole provider for prescription medications to the United States\' military worldwide, and handles data services for these bases as well.\n\nTricare news, an official military medical news source posted an announcement from "Military Health System Communications" not long after the SEC submission.\n\n>On Feb. 21, Change Healthcare disconnected their systems to protect patient information. This is impacting all military pharmacies worldwide and some retail pharmacies nationally.\n\nA post from Navel Hospital Camp Pendleton corroborated this statement with a bulletin to their official website\n\n>A reported cyberattack on the nation’s largest commercial prescription processor, Change Healthcare, has affected military clinics and hospitals worldwide.\n\nAfter Unitedhealth Group submitted the SEC form- The United States\' Department of State posted a reward for information up to $15 million USD for any tip that leads to the arrest of a LockBit associated affiliate.\n\n[Reward for Information posted by Department of State 02\\/21](https://preview.redd.it/3j2d7helftkc1.jpg?width=1310&format=pjpg&auto=webp&s=023da34a22deba04286f1f238126c549d83132f3)\n\nThe Bugs Out the Bag\n\nIT security newsletter TechCrunch talked to ConnectWise spoke person Amanda Lee that afternoon. Amanda declined to say how many of their customers had been attacked by this point; but said that ConnectWise has seen "limited reports" of suspected intrusions. She added\n\nWe have received updates of compromised accounts that our incident response team have been able to investigate and confirm (were attacked).” but also said that "there has been no data exfiltration reported to us.\n\nIn contrast- Cybersecurity Company Huntress\' CEO Kyle Hanslovan told TechCrunch\n\n>I can’t sugarcoat it — this shit is bad. We’re talking upwards of ten thousand servers that each control hundreds of thousands of endpoints\n\nNoting that as of that time Huntress\' telemetry could identify 8,800+ ConnectWise servers that still remain vulnerable to the CVE-2024-1709 exploit (This number was corroborated by the Censys platform; another Cybersecurity agency), and added\n\n>Due to the sheer prevalence of this software and the access afforded by this vulnerability signals we are on the cusp of a ransomware free-for-all.\n\nWhen ConnectWise posted the advisory on Monday 02/19 regarding the ScreenConnect Authentication Bypass; the information as to the extent of the defect was vague and did not provide details on how serious of an exploit this is. Their excuse for not releasing the specifics was:\n\n>There should not be public details about the vulnerability until there had been adequate time for the industry to patch. It would be too dangerous for this information to be readily available to threat actors.\n\nUnfortunately, by end of day 02/21; information on how to utilize the exploit was already being regularly shared and discussed.\n\n# 02/22\n\nAround 1pm CST; a nonprofit security organization called Shadowserver, which declares itself to be "altruistically working behind the scenes to make the internet more secure for everyone" posted an update to Twitter about an analysis from the previous day:\n\n>We\'ve improved the scanning/detection for vulnerable instances of ConnectWise ScreenConnect (CVE-2024-1709/CVE-2024-1708) - we now see over 8200 vulnerable instances (on 2024-02-21).\n\n[Shadowserver Map displaying vulnerable servers](https://preview.redd.it/hkghic6wftkc1.jpg?width=3008&format=pjpg&auto=webp&s=a749442e2f5b8ad1581416c906d920452e66e17a)\n\nAs Shadowserver is a third-party investigator, these 8,200 instances are publicly-visible servers and are open to attack; any seasoned hacker would be able to easily find and exploit these machines. Shadowserver also added that 643 IP addresses had already been attacked at the time of their review which was handled the previous day.\n\nGovernment Info Security, a cyber security newsletter posted that the official LockBit leak site (a site the crime organization used to make threats, list their victim\'s information, and release public statements) was then seized by the Operation Cronos team.\n\n[The LockBit victim data listing site on 02\\/22](https://preview.redd.it/f9yfwzjpftkc1.jpg?width=1391&format=pjpg&auto=webp&s=819a15d590ab661500fefaf3860eac5b970532d2)\n\nShortly after the seizure, authorities posted to the leak website that they had identified, but only referred for removal of more than 14,000 email accounts. Accounts hosted by peer-to-peer email encryption providers like Mega, Tutanota, and Protonmail.\n\nApply the patch, or throw it away\n\nIn an Alert posted by CISA addressed to ConnectWise clients, they write\n\n>Apply mitigations per vendor instructions or discontinue use of the product if mitigations are unavailable before February 29th\n\nJohn Hammond; principal security researcher at threat hunting firm Huntress told CRN\n\n>“This demonstrates the severity and the impact that we do really need to take this one seriously,” Hammond said. “They\'ve updated it now to include that they are seeing it used to deploy ransomware. It’s very, very stern,” he added. “They’re saying, ‘Take care of this right now or pack it up and put it away.’ They’re trying to talk to the whole world or any business that uses this on-premise instance. It’s a slap in the face, the wake-up call, that says take action now or seriously just pull it off the shelf.”\n\nPatrick Beggs, ConnectWise CISO, told CRN Friday in an apparent attempt to mitigate perception of the situation\n\n>We uplifted the \\[cloud\\] version. Sometimes the version updates just weren\'t showing, it’s literally that simple. There were a few glitches and we had to kind of re-push and then it happened.\n\nBut because every on-site server hasn’t been updated, exploits have now been reported.\n\nHammond, however, believes the exploitation to be a large cyberattack.\n\n>We were not going to release our proof of concept because that\'s just enabling threat actors,” Hammond said. “Then a proof of concept got out. It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, it\'s watching the internet burn and trying to respond and remediate the best we can. We\'re watching the world burn.\n\nSlashAndGrab\n\nBy mid-day Wednesday, the tech community began to identify a series of reported attacks using the ScreenConnect Authentication Bypass exploit in conjunction with another ScreenConnect defect tracked as CVE-2024-1708. This technique was labeled the "SlashAndGrab".\n\nA technical Analyst Max Rogers working with a team including Analysts from Huntress Labs identified that critical systems such as Vet Offices, Health Clinics, and Local governments were being actively attacked using the LockBit malware and other techniques\n\n[Technical Analyst Max Rogers\' post to X](https://preview.redd.it/qc0601qsftkc1.jpg?width=594&format=pjpg&auto=webp&s=981c41a5bdfe37f4f346af67ed296b8c6d9a29a6)\n\nIn a post on BleepingComputer a tech related news source, described a report from Sophos, a Security management and operations company:\n\n>On February 22, 2024, Sophos X-Ops reported through our social media handle that despite the recent law enforcement activity against the LockBit threat actor group we had observed several attacks over the preceding 24 hours that appeared to be carried out with LockBit ransomware, built using a leaked malware builder tool\n\nAccording to another BleepingComputer report; an ex-LockBit developer released the LockBit 3.0 software to GitHub available to the public in 2022. Sophos suggest that the attacks they are seeing are variants of this version.\n\n>It appears that our signature-based detection correctly identified the payloads as ransomware generated by the leaked LockBit builder, but the ransom notes dropped by those payloads identified one as “buhtiRansom,” and the other did not have a name in its ransom note.\n\nAs the night faded into the next day- the amount of attacks increased.\n\n# 02/23 A Free for All\n\nIn Sophos X-Ops director Christopher Budd told Madrastribune a tech newsletter based out of the UK\n\n>We’ve seen multiple attacks involving ScreenConnect in the past 48 hours. The most noteworthy has been a malware that was built using the LockBit 3 ransomware builder tool leaked in 2022: this may not have originated with the actual LockBit developers. But we’re also seeing RATs \\[remote access Trojans\\], infostealers, password stealers and other ransomware. All of this shows that many different attackers are targeting ScreenConnect\n\nThe majority of these hackers were able to successfully install administrative accounts on the servers being attacked.\n\nOn an upbeat note; Sophos states in an official report on the situation:\n\n>most of the post-compromise activities we have documented in this article aren’t novel, original, or outstanding. Most threat actors simply don’t know what to do beyond the same usual, procedural tradecraft; cybercriminals are rarely sophisticated, and the infosec community can beat them together.\n\n^((That link I have attached above to the Sophos official report about SlashAndGrab is actually a really interesting read; they go on to explain the different types of attacks they witnessed during the free for all and explain how they worked. I recommend it.))\n\nIn a report by BleepingComputer; at this point 119 Change Healthcare and Optum services were experiencing outages due to attacks utilizing the SlashAndGrab vulnerability; as I described before, each of these services are mission critical to the medical infrastructure, and especially so to the US Military.\n\nColumbia University shuttered their website due to ties to with Unitedhealth and Optum healthcare\n\n[Columbia University Bulletin](https://preview.redd.it/pik5doh1gtkc1.jpg?width=1254&format=pjpg&auto=webp&s=9ab2e23e07a65b40cdfe51164e5a97d7e835ddf2)\n\nIn a email to their employees Columbia University states\n\n>Additionally, to minimize the risk this external cyber security event presents to our computing environment, we have taken the extraordinary precaution of blocking email from the following domains: Optum, Changehealthcare, Caremount, Unitedhealthgroup, Uhc, and Uhg\n\nAs the day went on- cyberattack related reports began to pour i\n\n State of Emergency - Oakley, California\n* City Computer Infrastructure - Pleasant Hill, California\n* Royal Canadian Police Force\n* I linked almost a dozen other articles here originally, but they broke the character count.\n\n^((News from the rest of the day became sleepy... And so did I))\n\n# 02/24 LockBit Comes Back Online\n\nDespite having it\'s servers and millions of dollars in assets seized. LockBit reestablished its Dark Web Data Leak site.\n\nLockBitSupp, the gang\'s apparent leader- posted a update to their page, along with brand new stolen data that could very well have occurred during the ScreenWise error. They go on to say that authorities didn\'t actually make a decryption tool for LockBit Black as Operation Cronos claimed, but instead captured 1,000 decryption keys that the team may use to help those specific victims (if they can find them).\n\nThe lengthy missive says that was only 1k of 20k existing decryption keys; and that additionally, no servers were actually seized as a result of Operation Cronos. But instead the information that the strike team obtained was from using a PHP zero day default, and utilized that vulnerability to appear as though the operation was a success.\n\n[A post from LockBitSupp 02\\/24](https://preview.redd.it/0xx5yq34gtkc1.jpg?width=731&format=pjpg&auto=webp&s=339f514d4dafb86b748667611fc237d8bc587e70)\n\n>Why did it take 4 days to recover? Because I had to edit the source code for the latest version of PHP, as there was incompatibility\n\nHe goes on to say that the only reason the website was seized was in an attempt to block LockBit from selling data that was stolen from Fulton County, Ga earlier this month. Fani Willis, District Attorny for Fulton County is currently pursuing a case against former president Donald Trump. It begs the question- who hired the attack on Fulton County in the first place?\n\nThe data from the Fulton County heist has been posted to the LockBit data leak site as of this afternoon and is available for sale.\n\nWhile LockBit\'s site was under-lock- the Operation Cronos team had this posted about LockBitSupp\n\n>We know who he is. We know where he lives. We know how much he is worth. LockbitSupp has engaged with law enforcement\n\nIn the message posted Saturday night; LockBitSupp calls bullshit\n\n>All FBI actions are aimed at destroying the reputation of my affiliate program, my demoralization, they want me to leave and quit my job, they want to scare me because they can not find and eliminate me, I can not be stopped, you can not even hope, as long as I am alive I will continue to do pentest with postpaid\n\nHe even contests in his message, that the lists of names submitted from Operation Cronos are irrelevant as every name they shared is only an alias.\n\nIn the end- what is described by Leader LockBitSupp as apparent lies from the Operation Cronos team now leaves questions as to what was/wasn\'t actually achieved by its "success"; the LockBit organization is now back to life after being quiet for only 4 days; all while a critical error still exists in the majority of the United States\' data infrastructure... This situation is continuing to unfold, and as of this message, over 3000 ConnectWise servers still remain unpatched.\n\n\n\n^(This post was immediately deleted by the reddit auto mod; i believe because of the like 100 links I originally had in this post. I can\'t parse through them all. So I\'ve attached a google drive link to a PDF of the crazyboard of the situation. Most of the information provided here can be seen in that board, if I don\'t have it linked, just look it up- I hate having to say that, but I cant put in more effort to this post; I also did not make the thing "pretty" because I didn\'t expect I would have to provide it... sorry y\'all.)\n\n[Here is the link](https://drive.google.com/file/d/12RXX32xPr5pTRF0uJnJnUlDqpr4ltsX2/view?usp=sharing) to the .PDF, I\'ve uploaded to my google drive.', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '1b02n74', [['u/Subushie', 18, '2024-02-26 00:37', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/ks53pbj/', "I posted this here because I didn't know where else this would be taken, there is a network of criminal cyber-gangs that functions behind the scenes in an ongoing war with international government agencies- and almost no one talks about it. This week it appears one of those gangs actively attacked the US healthcare system and military, but no one is saying anything.", '1b02n74'], ['u/Emandpee42069', 12, '2024-02-26 02:48', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/ks5nnwn/', 'I work shipping pharmaceuticals and everyone had to come in Saturday bc shit is completely fucked rn bc of this', '1b02n74']]], ['u/WarOk4035', 'Coffee making VS. Bitcoin Electricity consumption ( bitcoin uses 1/4 of the usage of making coffee globally?? )', 13, '2024-02-26 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/', "If you don't mind bearing with me on this thought experiment, I just had the idea of trying to figure out how much electricity coffee-making uses Globally compared to the Bitcoin Network (Also Globally).. funny right ? lets try ? \n\nI just looked up that it takes around 0,5 kWh to make a cup of coffee in general. To me, it seems a little excessive, but maybe it takes into consideration the whole process from bean to cup of coffee. can anyone help to verify this? \n\nWhen asking our brave friend Google, there are around 2,25 billion cups of coffee consumed per day in the world. \n\nThis simple piece of math brings us to the result 0,5 kWh x 2,25 billion = 1,125 Billion kWh or 1,125 Tera Watt Hours per day ... this brings the yearly usage to 410 TWh per year to make coffee for all of us. aka. 410.000.000.000 KWh - \n\nFurther on in my little Google adventure, I read that it is estimated that The Bitcoin Network uses 127 TWh per year. so around 1/4 compared to coffee. \n\nThis leads me to my final question; Is coffee a necessity for the human race, or could we function in a world without coffee? should we shut down BTC? would you give up coffee for BTC? or is this experiment just plain and simple stupidity ;) \n\nIf Bitcoin consumes 1/4 of the electricity of making coffee per year, who is destroying our planet the most, your morning coffee or Bitcoin? \n\nTHIS WAS JUST A THOUGHT EXPERIMENT, IM AM HAPPY TO HEAR YOUR THOUGHTS, CORRECTIONS AND OPINIONS ON THIS SUB :)) Thanks \n\n", 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/', '1b030g0', [['u/CryptoDeepDive', 10, '2024-02-26 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/ks59mhq/', "I can't drink Bitcoin in the morning to satisfy my caffeine addiction. The right way of comparing energy consumption is against other stores of value, like Gold mining and storage and transportation, or Banking system overall.\n\nAlso Bitcoin has a mathematically set inflationary system, which could significantly reduce unnecessary consumerism, which overall is much better for the planet.", '1b030g0']]], ['u/Bigturle2563', 'AITA for snitching on my sister?', 10, '2024-02-26 01:31', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/', 'So my sister recently got grounded and she’s not allowed to use any electronics, right? So since my mom and grandparents share custody my mom wants me to keep an eye on my sister if she ever uses her phone since my grandparents are like gentle parenting people so my mom asked me to check on my sister\n\n I did and I find her using her phone so the thing I tell my mom is “i checked on her and she’s using her phone” I send that and my mom drives over to our house and she takes all my sisters electronics \n\nafter my mom did all that she left once my mom left my sister came to my room and she started yelling at me saying “WHY WOULD YOU TELL HER YOU DUMB FING BTCH” and I just told her “well you’re not suppose to use your phone” and she kept on yelling and at this point I don’t know how to feel.\n\nit’s like I’m juggling two peoples trust and feelings because if I don’t tell my mom it’s like I’m betraying her trust and I’m not doing what I’m suppose to do but if I snitch it’s like my sister is going to be mad at me and she’s gonna think I’m betraying her trust and I don’t know how to feel anymore and I just hate the situation I’m in. I hate myself for snitching and I don’t know how to feel.\n\nits like on one hand she got what she deserved but on the other I’m just a dumb rude sister who can’t mind my own business and I don’t know how to feel and I just hate myself and my life and the situation. (Please give me feedback I need to know how to feel in this state in my life 😅)', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/', '1b03xmv', [['u/NoteRCT', 14, '2024-02-26 01:58', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/ks5g3g8/', "You're NTA, but your mum is. Your mum should not be putting you in this position, you are not your sister's parent, and your mum should be talking to your grandparents about the rules she is putting in place. But also, if it is shared custody, your mum doesn't really get to set rules at your grandparents place. \n\nBut all of that is for the adults to sort out. It is not your job to watch over your sister, or to report to mum. You are NTA, but I recommend that you stop reporting back to mum, and tell her you don't feel comfortable doing so. Or talking to your grandparents about what mum is asking of you. Because it is not your job, and adults should not be putting you in this position.", '1b03xmv']]], ['u/jackfondu', 'I think moneros time will be in 1-2 years', 11, '2024-02-26 03:06', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/', 'Just flipped the rest of my stack into eth for now w intent to get more xmr.\n\nEth and btc seem like they’re both about to rip. XMR ratio will go lower and lower in the meantime as the ripping is coming from mainstream funds and monero will be ignored/traditionally lags behind anyways. \n\nOnce the bull is at peak and ratio is lowest bc monero still hasn’t moved, that’ll be the time to flip back into xmr I feel like. Esp since privacy will likely become an even bigger issue in the space as more adoption happens\n\nThoughts?', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/', '1b05z2r', [['u/3meterflatty', 10, '2024-02-26 07:16', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6lvfy/', 'Hey mate do you wanna stop posting this just let Monero do its thing', '1b05z2r'], ['u/thanarg', 16, '2024-02-26 09:03', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6vo5t/', 'Buy signal.', '1b05z2r'], ['u/gr8ful4', 11, '2024-02-26 09:36', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6yg92/', "I did the opposite. Got rid of my ETH for more XMR. Monero's time can start today or in 1 year or in 5 years. I don't want to miss the train.", '1b05z2r']]], ['u/MiserableEgg0', 'Cashing out bitcoin in a third world country', 12, '2024-02-26 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/', "\nI'm looking for advice on cashing out Bitcoin legally in a country where it's often linked with money laundering. Stacked a few btc 7 years ago, and it's grown significantly. Now, I'm facing challenges due to strict local regulations and skeptical banks, any advice how to withdraw them? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/', '1b07sqi', [['u/analogOnly', 11, '2024-02-26 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/ks6aqoa/', 'Sometimes people need fiat to cover expenses, medical, rent/living, food. If OP needs to change it to something to cover living expenses, let them.', '1b07sqi']]], ['u/f00dl3', 'What is the point of bonds when you can use CDs?', 45, '2024-02-26 04:52', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/', "I always hear people throw out the idea of a 60/40 portfolio especially as you get older near 45 or 50 & up, but I never understood what the exact point of this is. Bonds behave similar to stocks, when a stock market crash happens like 2022, 2020, 2008 - bonds can get hit just as hard as stocks. Well maybe not quite as hard, but you still lose money if you have 40% of your portfolio in bonds or even if you had 100% of your portfolio in bonds. \n\n\n\nAnd for that case most dividend stocks would take a hit too unless it's something that's not directly invested in stocks like JEPI or other derivative based products. Bitcoin got hit pretty hard in the 2020 and 2022 crashes as well, so crypto isn't safe. \n\n\n\nBut CDs - Certificates of Deposts. They are FDIC insured to 250k per account, and if you use Fidelity they can be deposit swept up to 1 million in FDIC insurance. They yield 5.0% to 5.7%, which is better than most bond portfolios over time have yielded, and just 1% off the average return of my wife's Edward Jones portfolio and 2-3% off the average return of the S&P 500. \n\n\n\nAnd Certificates of Deposit have ZERO RISK OF DIPPING IN VALUE! Your funds can be locked up, but if this is a retirement strategy, that's actually what you want - you won't be touching it until you retire anyways.\n\n\n\nSo are bonds useless if you can put CDs in your Roth IRA? There is no tax advantage what so ever to anything in a Roth as it's all taxed already. If you're in a Traditional IRA, dividends and yield basically are taxed as income anyway so no real advantage either way. So I just don't get why people use bonds if they have the option to balance their portfolio at all.", 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/', '1b082kc', [['u/the_leviathan711', 301, '2024-02-26 05:01', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks66j9w/', "> They yield 5.0% to 5.7%\n\nI mean - they do right now when interest rates are high. But they'll drop substantially if/when interest rates are cut.", '1b082kc'], ['u/StatisticalMan', 26, '2024-02-26 05:04', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks66x8r/', 'Bonds dropping in value is only a loss if you sell. Also you are mistaken about bonds usually dropping in a recession bonds usually rise which is nice when stocks are down.', '1b082kc'], ['u/SillyBar6', 26, '2024-02-26 05:09', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks67m26/', "What about vinyl, man?\n\n\n\n\nI'll show myself that door😁😁😁", '1b082kc'], ['u/me_jus_me', 32, '2024-02-26 05:15', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks689sh/', 'Bonds are generally superior in terms of offering more options for rates and terms, and can be bought and sold before maturity (though you don’t have to). \n\nBTW T-bills typically offer better rates, more liquidity and lower tax burden than CDs.', '1b082kc'], ['u/akame_21', 24, '2024-02-26 05:22', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6950i/', 'Something to note is that the duration is only guaranteed if it’s not callable', '1b082kc'], ['u/greazinseazin', 55, '2024-02-26 05:37', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6b12l/', 'The only response that matters', '1b082kc'], ['u/brianmcg321', 10, '2024-02-26 05:44', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6bwzc/', 'Because bonds will go up in value when interest rates are lowered.', '1b082kc'], ['u/CaliforniaGoose', 26, '2024-02-26 05:45', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6bze5/', "There has also been many 5 year periods when bonds outperformed stocks in the US (Around 30 in the last 118 five year periods). There have also been many 15 year periods when bonds outperform stocks. \n\n And sometimes stocks can lose A LOT of value like in de 1929 in US, 90s in Japan etc... which is scary if you won't live much longer to see it", '1b082kc'], ['u/WasteProfession8948', 135, '2024-02-26 05:45', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6c11e/', 'T-bills have higher rates, are more liquid, and are free from state and local taxes. \n\nYour question is the reverse of what it should be.', '1b082kc'], ['u/NewportHusband', 14, '2024-02-26 05:50', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cjc9/', 'Right now CDs are good because the yield curve is inverted. That has only happened a handful of times in the last 50 years. So any short term yield beats the longer term yields. The yields are inverted because the market expects the interest rates to drop, normalizing the yield curve, at which point the CDs won’t yield as much as they are now.', '1b082kc'], ['u/geniusboy91', 54, '2024-02-26 05:51', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cr19/', 'That was my first thought. The question should be why would anyone buy CDs when you can buy a bond.', '1b082kc'], ['u/MilkshakeBoy78', 25, '2024-02-26 05:53', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cwh4/', "another question is why buy bonds that aren't t-bills.", '1b082kc'], ['u/drew8311', 12, '2024-02-26 05:56', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6d9ih/', 'Also there are years when bonds got that or more.', '1b082kc'], ['u/sherlockjm07', 26, '2024-02-26 07:30', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6na88/', "Right now, the yield curve is inverted, so the short-term rates are yielding more than the long term. But most of the time, the yield curve is upward sloping i,e longer term rates will yield you more than the short term, so to take advantage of that higher yield you would be invested in bonds that aren't Tbills.", '1b082kc'], ['u/O0O00O000O00O0O', 24, '2024-02-26 14:41', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks7s62c/', '> compared to the last 4+ years\n\nAnd also the last 20+ years.', '1b082kc'], ['u/theforthpotatoe', 31, '2024-02-26 15:59', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks83wjg/', 'No State Tax on T-bills', '1b082kc']]], ['u/AutoModerator', '[Daily Discussion] - Monday, February 26, 2024', 39, '2024-02-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/', '1b09beo', [['u/VintageRudy', 21, '2024-02-26 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6nywz/', "I told myself the ETF's were us crossing the finish line (and that it'd take a while but that was it, we're on our way to supplanting gold as the worldwide store of wealth) and here I am nervous over which way we're going to break on market open after 10days of sideways. Dopamine is a very near-term bitch", '1b09beo'], ['u/kb1985', 13, '2024-02-26 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6prch/', 'So bitcoin was outperformed by number 2 for about 20% in recent days. Not sure if that means that it is time for btc to catch up or if it is sign of local top when other coins go up every day and bitcoin stagnates. Thoughts?', '1b09beo'], ['u/Perriax', 16, '2024-02-26 08:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6s3he/', 'Some speculation because of ETF rumors for #2. \nPersonally I don’t think that will happen soon, due to the security vs commodity discussion.\nI think BTC will follow it’s own narrative, though rejection of #2 ETF might splash the market a bit.', '1b09beo'], ['u/_TROLL', 16, '2024-02-26 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6sdj5/', 'It\'s partially ETF hype all over again, plus the upcoming "Dencun" upgrade on March 13^th ...', '1b09beo'], ['u/phrenos', 25, '2024-02-26 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6xoiy/', "If you're feeling disheartened after 12 days of crab, just remember: there have been periods where BTC has gone sideways for four months.", '1b09beo'], ['u/_TROLL', 26, '2024-02-26 09:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6xya4/', "Someone could have checked the price in mid-February 2021 (low 50,000s) and not checked again until today, and conclude that we've been crabbing along for 3 years. 🤪", '1b09beo'], ['u/phrenos', 27, '2024-02-26 09:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6ykxz/', 'Imagine their surprise!', '1b09beo'], ['u/cryptojimmy8', 13, '2024-02-26 10:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7126w/', 'Weekends still fake. We’ll continue where we dropped off friday evening', '1b09beo'], ['u/VintageRudy', 16, '2024-02-26 10:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks71idb/', 'That person that called "right back to 50.8k" in yesterday\'s daily...', '1b09beo'], ['u/pg3crypto', 10, '2024-02-26 10:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks74pu9/', "Yeah but its quite clear that the outlook for ETFs for alts is unfavorable. They dont have the same characteristics as Bitcoin...I.e. finite supply etc.\n\nI suspect once the hype reaches crescendo we'll see some hard smacks across the face of alts.\n\nThe alt action is driven by morons right now I think. Most of them will lose money and learn a hard lesson.", '1b09beo'], ['u/_supert_', 31, '2024-02-26 11:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks771im/', "Slow day, so here's the obligatory zoom out\n\nhttps://www.reddit.com/r/Bitcoin/comments/1c5j46/you_people_are_seriously_not_thinking_clearly/", '1b09beo'], ['u/phrenos', 17, '2024-02-26 11:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks78sw9/', 'Wow.', '1b09beo'], ['u/logicalinvestr', 10, '2024-02-26 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7hgxj/', 'It was me. I said it yesterday.', '1b09beo'], ['u/_supert_', 12, '2024-02-26 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7jgax/', 'True. But, we are at the $1tn mark, not really past it. Inflation-adjusted from a decade ago would be ~$2tn (WAG). So, it remains to be seen.', '1b09beo'], ['u/delgrey', 26, '2024-02-26 14:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7rn4j/', '[Saylor bought more coin. Of course.](https://twitter.com/saylor/status/1762101030336999899)\n\nI remember when is sort of news would dump the price some.', '1b09beo'], ['u/snek-jazz', 13, '2024-02-26 15:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7viet/', '"I\'ll be buying the top forever"', '1b09beo'], ['u/bubblesmcnutty', 11, '2024-02-26 15:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7w1eo/', 'Everyone is convinced we keep crabbing/grinding lower this week. Not me. I think this is the week we pump. \n\nThought process: My feels', '1b09beo'], ['u/Gravy_Vampire', 18, '2024-02-26 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7w4zu/', 'Happy Monday, gentlemen. Can I interest you in another full week of inflows?\xa0', '1b09beo'], ['u/Cultural_Entrance312', 16, '2024-02-26 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7ydy5/', 'Who wants crab? Bitcoin has been crabbing for 12 days now. The RSI is at 49.1 (average 44.0) at time of writing. Resistances are at 51.8, 52.8 and 53, after that, then 57.5, 63 and 69 are major ones remaining. The next supports are 51.2, 50.8, 50.2 and the Fibs for the 1st part of this run up. 48.5 (.236 FIB), 46.3 (.382 FIB), etc. (see chart).\r \n\r \nThe daily has cooled from being overbought. RSI is at 68 and its average is overbought, currently at 74.1. Same resistances/supports as I mention in the hourly. Bitcoin is approaching the central channel. This could provide an area for BTC to start a new move up with the bull flag that has formed. If we break out, the target would be around 66.6. I would like to see BTC hit 50k before we move up more so we can test that spot to verify it is strong support. It is also the .236 FIB from the last run up. Not sure this is going to happen.\r \n\r \nOn the weekly, Bitcoin currently right at the upper end of the rising resistance channel from when we bottomed out in 2022. BTC closed just above it, but with a red candle, I’m not sure what will happen now. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. I would normally expect a cool off and retrace soon, but with all the ETF inflows, I’m not sure what is goin... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', '• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', 'By Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week.\nThe yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei crept 0.4% higher to eke a fresh record high. MSCI\'s broadest index of Asia-Pacific shares outside Japan was flat, keeping beneath last week\'s seven-month peak.\nWall Street indexes fell overnight and S&P 500 and Nasdaq futures nudged 0.1% lower in morning trade.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia morning.\nTen-year U.S. Treasury yields were last 2 basis points lower at 4.27%. Two-year yields fell four basis points to 4.70%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nOn the geopolitical front, U.S. President Joe Biden said he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza start by next Monday as the warring parties appeared to close in on a deal.\nBrent crude futures kept to recent ranges, rising 0.2% or 16 cents to $82.69 a barrel.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush in to cuts .\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\nCurrency trade was fairly subdued in early Asian hours, with recent pressure on the Australian and New Zealand dollars extending. The Aussie fell 0.1% to a one-week low of $0.6530, squeezed by a tumble in iron ore prices.\nThe kiwi was down 0.3% and also at a week low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0848 and sterling inched down to $1.2676. Bitcoin rose sharply overnight on news that software firm MicroStrategy added to its holdings. It was steady at $54,777. Gold held at $2,032 an ounce.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', "Following sizable gains during the U.S. day on Monday, bitcoin {{BTC}} pushed through several additional round number milestones during early Tuesday morning Asia hours, the price topping $57,000 for the first time since November 2021.\nAt press time, bitcoin had pulled back a hair to $56,500, still ahead more than 9% over the past 24 hours. The broader CoinDesk 20 Index (CD20) was ahead 8.9% over the same time frame.\nThe rally began Monday morning in the U.S., with bitcoin taking out $53,000, also for the first time since November 2021. The price rose above $54,000 later in the day. During the U.S. evening/early Asia morning, things got very active again, with bitcoin taking out the $55,000, $56,000 and $57,000 levels in the space of a few minutes.\nThe move higher in bitcoin earlier Monday spurred sizable activity in the U.S.-based spot bitcoin ETFs, with the group (ex-Grayscale's GBTC) posting a record-high $2.4 billion in trading volume on Monday,according to Bloomberg.\nAs for GBTC, it saw its smallest one-day outflow of bitcoin since the Jan. 11 launch of the spot ETFs, the fund shedding just 921 tokens.", "Following sizable gains during the U.S. day on Monday, bitcoin {{BTC}} pushed through several additional round number milestones during early Tuesday morning Asia hours, the price topping $57,000 for the first time since November 2021.\nAt press time, bitcoin had pulled back a hair to $56,500, still ahead more than 9% over the past 24 hours. The broader CoinDesk 20 Index (CD20) was ahead 8.9% over the same time frame.\nThe rally began Monday morning in the U.S., with bitcoin taking out $53,000, also for the first time since November 2021. The price rose above $54,000 later in the day. During the U.S. evening/early Asia morning, things got very active again, with bitcoin taking out the $55,000, $56,000 and $57,000 levels in the space of a few minutes.\nThe move higher in bitcoin earlier Monday spurred sizable activity in the U.S.-based spot bitcoin ETFs, with the group (ex-Grayscale's GBTC) posting a record-high $2.4 billion in trading volume on Monday,according to Bloomberg.\nAs for GBTC, it saw its smallest one-day outflow of bitcoin since the Jan. 11 launch of the spot ETFs, the fund shedding just 921 tokens.", '(Updates prices as of 0240 GMT)\nBy Kevin Buckland\nTOKYO, Feb 27 (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.\nLeading cryptocurrency bitcoin soared to a more than two-year high above $57,000 after enterprise software firm MicroStrategy Inc announced it had bought about 3,000 more of the tokens for $155 million.\nThe U.S. dollar index, which measures the currency against a basket of peers including the euro and yen, traded flat at 103.77 in Asian time, following a 0.17% slide on Monday.\nMarkets have all but ruled out a cut at the Fed\'s March meeting and have recently pushed back expectations for a cut to June from May, CME\'s FedWatch Tool showed, following strong U.S. consumer and producer price data.\nU.S. durable goods data is due later on Tuesday, while January\'s U.S. personal consumption expenditures price index, which is the Fed\'s preferred measure of inflation, will be released on Thursday.\n"A still softish DXY (dollar index) doesn\'t quite convey the USD\'s story right here ... and, if anything, key upcoming event risk can potentially fuel another leg up," Westpac\'s head of FX strategy, Richard Franulovich, wrote in a note.\n"The bulk of DXY\'s gains this year have unfolded over just a handful of marquee sessions, and outside that it has been decidedly consolidative," he said. "The lacklustre DXY in recent days looks mostly like a continuation of that profile."\nThe dollar slipped 0.13% to 150.485 yen, as Japan\'s currency firmed following the release of figures showing consumer inflation stayed at the Bank of Japan\'s 2% target, rather than dipping below it for the first time in nearly two years, as economists had forecast.\nThe euro was unchanged at $1.08505, following a 0.27% advance in the previous session.\nBitcoin was last 3.3% higher at $56,338, after earlier jumping to $57,055 for the first time since December of 2021.\nRisk-sensitive antipodean currencies sank amid a slide in regional equities, continuing a retreat from multi-week peaks.\nThe Australian dollar lost 0.2% to $0.6528, after reaching a three-week high of $0.6595 on Thursday.\nThe kiwi eased 0.3% to $0.61555, after touching the highest since Jan. 15 at $0.6218 on Thursday.\nTraders are gearing up for what could turn out to be a significant policy meeting by the Reserve Bank of New Zealand (RBNZ) on Wednesday. Markets are pricing in a one-in-three chance the RBNZ will raise its 5.5% official cash rate to combat stubborn inflation.\n(Reporting by Kevin Buckland Editing by Shri Navaratnam and Kim Coghill)', "Bitcoin (BTC)reached a two-year high of $56,444.64, coinciding with record trading volumes for the nine spot Bitcoin exchange-traded funds (ETFs). Data from Bloomberg ETF analyst Eric Balchunas reveals that combined daily trading volume for these nine ETFs surpassed $2.4 billion on February 26, surpassing the previous record of $2.2 billion set on their launch day in January. This surge excludes volumes from Grayscale's converted Bitcoin ETF (GBTC).\nBlackRock's IBIT led the way with the highest daily volume on February 26th, reaching $1.29 billion, marking a 30% increase from its previous daily record. Fidelity's FBTC followed closely with $576 million. ARKB and BITB also contributed significant volumes of $276 million and $81 million, respectively.\nWhile the source of this renewed interest remains unclear, Balchunas notes that trading volumes often spike at the beginning of the week. Bloomberg's James Seyffart adds that including Grayscale's Bitcoin ETF elevates the combined daily volume to a hefty $3.2 billion, the second-largest ever recorded.\nFurther data from BitMEX Research indicates that over $583 million flowed into spot Bitcoin ETFs during the previous four-day trading week. Year-to-date inflows have now surpassed $5.5 billion, with IBIT, FBTC, ARKB, and BITB leading the pack with inflows exceeding $1 billion each. Notably, Grayscale's GBTC has experienced net outflows of $7.4 billion so far this year.", "Bitcoin (BTC)reached a two-year high of $56,444.64, coinciding with record trading volumes for the nine spot Bitcoin exchange-traded funds (ETFs). Data from Bloomberg ETF analyst Eric Balchunas reveals that combined daily trading volume for these nine ETFs surpassed $2.4 billion on February 26, surpassing the previous record of $2.2 billion set on their launch day in January. This surge excludes volumes from Grayscale's converted Bitcoin ETF (GBTC).\nBlackRock's IBIT led the way with the highest daily volume on February 26th, reaching $1.29 billion, marking a 30% increase from its previous daily record. Fidelity's FBTC followed closely with $576 million. ARKB and BITB also contributed significant volumes of $276 million and $81 million, respectively.\nWhile the source of this renewed interest remains unclear, Balchunas notes that trading volumes often spike at the beginning of the week. Bloomberg's James Seyffart adds that including Grayscale's Bitcoin ETF elevates the combined daily volume to a hefty $3.2 billion, the second-largest ever recorded.\nFurther data from BitMEX Research indicates that over $583 million flowed into spot Bitcoin ETFs during the previous four-day trading week. Year-to-date inflows have now surpassed $5.5 billion, with IBIT, FBTC, ARKB, and BITB leading the pack with inflows exceeding $1 billion each. Notably, Grayscale's GBTC has experienced net outflows of $7.4 billion so far this year.", '• A spike in bitcoin funding rates suggests the leverage is skewed on the bullish side.\n• One observer said elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.\nThere seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity for non-directional traders.\nEarly Tuesday, bitcoin {{BTC}} rose nearly to $57,000, the highest since late 2021, taking the year-to-date gain to 32%, CoinDesk data show. The CoinDesk 20 index, a broader market gauge, traded nearly 6% higher.\nThe annualized funding rate in bitcoin perpetual futures listed on Binance surpassed 100% for the first time in at least a year, according to data source Velo Data and CoinGlass. Funding rates on Bybit and Deribit rose to 95% and 56%, respectively.\nPerpetuals or futures with no expiry use funding rates to keep prices for perpetuals in sync with the spot prices. A positive funding rate indicates that perpetuals are trading at a premium to the spot price and requires traders holding long or buy positions to pay a fee to those holding short positions. Exchanges collect funding every eight hours.\nIn other words, a positive and rising funding rate indicates a bullish mood in the market or that the leverage is skewed bullish.\nMarkus Thielen, founder of 10X Research, said the rising funding rates likely stem from traders taking bullish bets in anticipation of continued inflows into the U.S.-based spot ETFs.\n“The perp funding rates are exploding, while open interest keeps climbing, now at $14.4 billion,” Markus Thielen, founder of 10X Research, who predicted bitcoin’s rise to $57,000, said. “Traders are becoming increasingly confident that the halving and the ETF inflows will be bullish.”\nThielen added that the surge in funding rates means non-directional traders or arbitrageurs stand to make an attractive return.\nArbitrage involves profiting from price discrepancies between the two markets. An elevated funding rate means perpetuals are trading at a significant premium to the spot price. An arbitrageur, therefore, can short perpetual futures and buy the cryptocurrency in the spot market, pocketing the premium while bypassing the price volatility risks.\n“Elevated perpetual futures funding rates are providing crypto hedge funds with exceptionally high arb spreads. BTC and ETH are trading at 20% and 30% or even higher, and this is the sweet spot for ARB books. In this market, everybody wins, the guys that are outright long and the guys that are playing the perp spread. A wonderful time to be in crypto!” Thielen told CoinDesk.', '• A spike in bitcoin funding rates suggests the leverage is skewed on the bullish side.\n• One observer said elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.\nThere seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity for non-directional traders.\nEarly Tuesday, bitcoin {{BTC}} rose nearly to $57,000, the highest since late 2021, taking the year-to-date gain to 32%, CoinDesk data show. The CoinDesk 20 index, a broader market gauge, traded nearly 6% higher.\nThe annualized funding rate in bitcoin perpetual futures listed on Binance surpassed 100% for the first time in at least a year, according to data source Velo Data and CoinGlass. Funding rates on Bybit and Deribit rose to 95% and 56%, respectively.\nPerpetuals or futures with no expiry use funding rates to keep prices for perpetuals in sync with the spot prices. A positive funding rate indicates that perpetuals are trading at a premium to the spot price and requires traders holding long or buy positions to pay a fee to those holding short positions. Exchanges collect funding every eight hours.\nIn other words, a positive and rising funding rate indicates a bullish mood in the market or that the leverage is skewed bullish.\nMarkus Thielen, founder of 10X Research, said the rising funding rates likely stem from traders taking bullish bets in anticipation of continued inflows into the U.S.-based spot ETFs.\n“The perp funding rates are exploding, while open interest keeps climbing, now at $14.4 billion,” Markus Thielen, founder of 10X Research, who predicted bitcoin’s rise to $57,000, said. “Traders are becoming increasingly confident that the halving and the ETF inflows will be bullish.”\nThielen added that the surge in funding rates means non-directional traders or arbitrageurs stand to make an attractive return.\nArbitrage involves profiting from price discrepancies between the two markets. An elevated funding rate means perpetuals are trading at a significant premium to the spot price. An arbitrageur, therefore, can short perpetual futures and buy the cryptocurrency in the spot market, pocketing the premium while bypassing the price volatility risks.\n“Elevated perpetual futures funding rates are providing crypto hedge funds with exceptionally high arb spreads. BTC and ETH are trading at 20% and 30% or even higher, and this is the sweet spot for ARB books. In this market, everybody wins, the guys that are outright long and the guys that are playing the perp spread. A wonderful time to be in crypto!” Thielen told CoinDesk.', 'MicroStrategy, a company known for its unwavering belief inBitcoin, has further solidified its position as a major player in the cryptocurrency space.Accordingto a recent filing with the US government, the company has scooped up an additional 3,000 BTC over the past ten days, bringing its total holdings to a staggering 193,000.\nThis latest purchase cost MicroStrategy roughly $155.4 million, bringing their total Bitcoin investment to $6.09 billion. However, at the current price of $53,283 per Bitcoin, their holdings are currently valued at a much higher $10.28 billion.\nDespite this significant profit potential, MicroStrategy\'s co-founder and executive chairman, Michael Saylor, has repeatedly stated that the company has no intention of selling its Bitcoin in the foreseeable future. He even proclaimed, "Bitcoin is the exit strategy."\nThis recent purchase comes on the heels of a major rally for Bitcoin, fueled by the historic approval of spot Bitcoin ETFs and anticipation surrounding the upcoming Bitcoin halving in April. This event will significantly reduce the number of new BTC created, potentially driving the price even higher.\nThis comes after MicroStrategypurchased another 850 BTC for $37.2 millionin January. During their Q4 2023 earnings call, Saylor claimed that 2024 marks "the birth of Bitcoin as an institutional-grade asset class," even calling it "the first new asset class of the modern era."', 'MicroStrategy, a company known for its unwavering belief inBitcoin, has further solidified its position as a major player in the cryptocurrency space.Accordingto a recent filing with the US government, the company has scooped up an additional 3,000 BTC over the past ten days, bringing its total holdings to a staggering 193,000.\nThis latest purchase cost MicroStrategy roughly $155.4 million, bringing their total Bitcoin investment to $6.09 billion. However, at the current price of $53,283 per Bitcoin, their holdings are currently valued at a much higher $10.28 billion.\nDespite this significant profit potential, MicroStrategy\'s co-founder and executive chairman, Michael Saylor, has repeatedly stated that the company has no intention of selling its Bitcoin in the foreseeable future. He even proclaimed, "Bitcoin is the exit strategy."\nThis recent purchase comes on the heels of a major rally for Bitcoin, fueled by the historic approval of spot Bitcoin ETFs and anticipation surrounding the upcoming Bitcoin halving in April. This event will significantly reduce the number of new BTC created, potentially driving the price even higher.\nThis comes after MicroStrategypurchased another 850 BTC for $37.2 millionin January. During their Q4 2023 earnings call, Saylor claimed that 2024 marks "the birth of Bitcoin as an institutional-grade asset class," even calling it "the first new asset class of the modern era."', "• US stocks traded slightly lower on Monday as investors shifted their focus away from earnings and towards macro data.\n• The Fed's preferred measure of inflation will be released later this week, as will revised fourth-quarter GDP data.\n• Investors will also be paying attention to comments from Fed Presidents, looking for any clues about interest rate cuts.\nUS stocks traded slightly lower on Monday as investors shifted their focus to a slate of macroeconomic data points on the horizon this week.\nWith 90% of S&P 500 companies having reported fourth-quarter results, the results have impressed investors. So far, 78% of companies beat profit estimates by a median of 7%, while 65% of companies beat revenue estimates by a median of 5%, according to data from Fundstrat.\nNow, as the earnings tide rolls out, investors are looking forward to a week full of fresh economic data.\nOn the radar this week is revised fourth-quarter GDP data, set to be released Wednesday morning. Set to roll out on Thursday is Personal Consumption Expenditures data, which is the Federal Reserve's preferred inflation gauge.\nFinally, investors will be paying attention to comments from five Fed Presidents later in the week, listening for any clues about when the Fed might cut interest rates.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,069.53, down 0.38%\n• Dow Jones Industrial Average:39,069.23, down 0.16% (-62.30 points)\n• Nasdaq Composite:15,976.25, down 0.13%\nHere's what else happened today:\n• Berkshire Hathaway reported its fourth-quarter earnings results over the weekend,and the conglomerate now holds a record $168 billion in cash.\n• Berkshire Hathaway CEO Warren Buffett called out stock market gamblers and honored the late Charlie Mungerin his annual letter.\n• America's shrinking birthrate poses a long-term challengethat could weigh on the economy for the next decade or more.\n• Distress levels in an important corner of the commercial real estate debt markethave rocketed 440% higher in the last year.\n• Bitcoin jumped 3% on Monday and broke above a key technical level,suggesting another 22% upside from here, according to Fairlead Strategies.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.65% to $77.75 a barrel.Brent crude, the international benchmark, rose by 1.30% to $82.68 a barrel.\n• Golddeclined by 0.32% to $2,042.80 per ounce.\n• The 10-year Treasury yield\xa0 rose 3 basis points to 4.28%.\n• Bitcoinjumped 5.43% to $54,537.\nRead the original article onBusiness Insider", 'South Korea and the United States are set to engage in talks regarding the regulation of cryptocurrencies and digital assets. The head of South Korea\'s financial watchdog, Governor Lee Bok-hyun, isscheduledto meet with US Securities and Exchange Commission chair Gary Gensler in May to discuss two key issues: classifying non-fungible tokens (NFTs) and approving spot Bitcoin exchange-traded funds (ETFs).\nCurrently, South Korea does not consider NFTs as "virtual assets," a classification that brings them under the purview of financial regulators. This meeting aims to determine whether NFTs should be categorized similarly, potentially subjecting them to stricter regulations currently imposed on crypto service providers. The tightening of regulations in September 2021 led to the closure of over half of South Korea\'s cryptocurrency exchanges due to their inability to comply.\nThe discussion will also address the controversial topic of spot Bitcoin ETFs. While such investment vehicles are prohibited in South Korea, both the ruling and opposition parties have expressed their intention to launch local spot Bitcoin ETFs in the lead-up to the upcoming general election in April. This move signifies the growing demand for these investment products among South Korean investors.\nThe upcoming dialogue represents an important step towards establishing a comprehensive regulatory framework for cryptocurrencies in South Korea. The country’s regulatory framework for protecting crypto investors is set to take effect in July this year.', 'South Korea and the United States are set to engage in talks regarding the regulation of cryptocurrencies and digital assets. The head of South Korea\'s financial watchdog, Governor Lee Bok-hyun, isscheduledto meet with US Securities and Exchange Commission chair Gary Gensler in May to discuss two key issues: classifying non-fungible tokens (NFTs) and approving spot Bitcoin exchange-traded funds (ETFs).\nCurrently, South Korea does not consider NFTs as "virtual assets," a classification that brings them under the purview of financial regulators. This meeting aims to determine whether NFTs should be categorized similarly, potentially subjecting them to stricter regulations currently imposed on crypto service providers. The tightening of regulations in September 2021 led to the closure of over half of South Korea\'s cryptocurrency exchanges due to their inability to comply.\nThe discussion will also address the controversial topic of spot Bitcoin ETFs. While such investment vehicles are prohibited in South Korea, both the ruling and opposition parties have expressed their intention to launch local spot Bitcoin ETFs in the lead-up to the upcoming general election in April. This move signifies the growing demand for these investment products among South Korean investors.\nThe upcoming dialogue represents an important step towards establishing a comprehensive regulatory framework for cryptocurrencies in South Korea. The country’s regulatory framework for protecting crypto investors is set to take effect in July this year.', '(Updates prices as of 0615 GMT)\nBy Kevin Buckland\nTOKYO, Feb 27 (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.\nLeading cryptocurrency bitcoin soared to a more than two-year high above $57,000, helped by enterprise software firm MicroStrategy Inc\'s announcement that it had bought about 3,000 more of the tokens.\nThe yen was firmer after consumer inflation data topped estimates, reinforcing expectations that the Bank of Japan is still on track to exit negative rates as soon as next month.\nThe U.S. dollar index, which measures the currency against a basket of peers including the yen, euro and sterling, traded flat at 103.77 in Asian time, following a 0.17% slide on Monday.\nMarkets have all but ruled out a cut at the Fed\'s March meeting and have recently pushed back expectations for a cut to June from May, CME\'s FedWatch Tool showed, following strong U.S. consumer and producer price data.\nU.S. durable goods data is due later on Tuesday, while January\'s U.S. personal consumption expenditures price index, which is the Fed\'s preferred measure of inflation, will be released on Thursday.\n"A still softish DXY (dollar index) doesn\'t quite convey the USD\'s story right here ... and, if anything, key upcoming event risk can potentially fuel another leg up," Westpac\'s head of FX strategy, Richard Franulovich, wrote in a note.\n"The bulk of DXY\'s gains this year have unfolded over just a handful of marquee sessions, and outside that it has been decidedly consolidative," he said. "The lacklustre DXY in recent days looks mostly like a continuation of that profile."\nThe dollar slipped 0.12% to 150.505 yen, with new figures showing consumer inflation stayed at the BOJ\'s 2% target in January, rather than dipping below it for the first time in nearly two years, as economists had predicted.\nThe euro was unchanged at $1.0850, following a 0.27% advance in the previous session. Sterling edged 0.04% lower to $1.2680, following five straight sessions of gains.\nBitcoin was last about 3% higher at $56,190, after earlier jumping to $57,055 for the first time since December of 2021.\nElsewhere, the Australian dollar added 0.1% to $0.65475 ahead of monthly consumer price data, due Wednesday.\nThe kiwi eased 0.13% to $0.6165, with traders gearing up for what could turn out to be a significant policy meeting by the Reserve Bank of New Zealand (RBNZ) on Wednesday.\nMarkets are pricing in a one-in-three chance the RBNZ will raise its 5.5% official cash rate to combat stubborn inflation.\n"Given rich NZD positioning and the current rates pricing, if we see the RBNZ leave the cash rate on hold it may cause immediate NZD selling," Chris Weston, head of research at Pepperstone, wrote in a note.\n"I am seldom one to advocate trading a central bank meeting in isolation, but I see the risk skewed for a higher AUDNZD on the statement."\n(Reporting by Kevin Buckland Editing by Shri Navaratnam and Kim Coghill)', '(Updates prices)\nBy Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares slipped on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week, though bitcoin extended gains on signs that institutional buyers are circling.\nThe yen steadied at 150.50 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei eked a fresh record high, but closed just 0.01% firmer. MSCI\'s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, keeping below last week\'s seven-month peak.\nBrent crude futures hovered around $82.63 a barrel after Reuters reported Hamas received a draft Gaza truce proposal including a 40-day pause in fighting.\nS&P 500 nudged 0.1% lower while Nasdaq futures , FTSE futures and European futures each fell about 0.2%.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia day.\nTen-year U.S. Treasury yields were last 1.4 basis points lower at 4.29%. Two-year yields fell 3 bps to 4.71%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nRBNZ RETREAT\nCurrency trade was fairly subdued Asia, with recent pressure on the Australian and New Zealand dollars extending. The Aussie touched a one-week low of $0.6525, squeezed by a tumble in iron ore prices, before a slight recovery to $0.6547.\nThe kiwi was also at a week-low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0850 and sterling inched down to $1.2676 with speculators trimming bullish bets. Bitcoin rose more than 3% to top $57,000.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush into cuts\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam and Miral Fahmy)', '• Veteran analyst and CEO of Factor LLC, Peter Brandt, foresees bitcoin rallying as high as $200,000 by September 2025.\n• Other studies, including those based on previous halving cycles and technical analysis indicators like the Bollinger bandwidth, suggest near-vertical price rallies ahead.\nPeter Brandt, an analyst with over four decades of experience tracking markets, expects the ongoing bitcoin {{BTC}} bull market to peak at $200,000, a significant upward revision from the initial estimate of $120,000.\n“With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000,” Brandt said on social media X.\nBitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500.\nSeveral other studies suggest a steep bull run ahead, including those based onprevious halving cyclesand technical analysis indicators like theBollinger bandwidth.\nThe consensus is that halving could continue to drive inflows into the U.S.-based spot BTC ETFs, sending prices at least into six figures over the next 12 months. Bitcoin’s reward halving, a quadrennial event due in April, will lower the rate at which coins are generated to 3.125 BTC from 6.25 BTC.\nBrandt’s bullish post on X has some market participants toying with the idea of updating their profile pictures with “laser eyes” – a viral X meme that bitcoin holders used during the bull market of 2021 to suggest a perpetual market rally.\nAccording to Brandt, the return of the laser eyes would be a contrary indicator, signaling retail investor mania, often observed at market tops.\n“Just as I did in 2021, I will use laser eyes on ‘X’ as a contrary indicator. So, people, if you want bitcoin to remain in a strong trend please do not adopt laser eyes on your social media picture. Too many laser eyes will be the KOD,”Brandt warned.', '• Veteran analyst and CEO of Factor LLC, Peter Brandt, foresees bitcoin rallying as high as $200,000 by September 2025.\n• Other studies, including those based on previous halving cycles and technical analysis indicators like the Bollinger bandwidth, suggest near-vertical price rallies ahead.\nPeter Brandt, an analyst with over four decades of experience tracking markets, expects the ongoing bitcoin {{BTC}} bull market to peak at $200,000, a significant upward revision from the initial estimate of $120,000.\n“With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000,” Brandt said on social media X.\nBitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500.\nSeveral other studies suggest a steep bull run ahead, including those based onprevious halving cyclesand technical analysis indicators like theBollinger bandwidth.\nThe consensus is that halving could continue to drive inflows into the U.S.-based spot BTC ETFs, sending prices at least into six figures over the next 12 months. Bitcoin’s reward halving, a quadrennial event due in April, will lower the rate at which coins are generated to 3.125 BTC from 6.25 BTC.\nBrandt’s bullish post on X has some market participants toying with the idea of updating their profile pictures with “laser eyes” – a viral X meme that bitcoin holders used during the bull market of 2021 to suggest a perpetual market rally.\nAccording to Brandt, the return of the laser eyes would be a contrary indicator, signaling retail investor mania, often observed at market tops.\n“Just as I did in 2021, I will use laser eyes on ‘X’ as a contrary indicator. So, people, if you want bitcoin to remain in a strong trend please do not adopt laser eyes on your social media picture. Too many laser eyes will be the KOD,”Brandt warned.', '• Bitcoin’s price rally has shaken out leveraged bearish bets.\n• Analysts said the cryptocurrency is a new bull market and poised to rally ahead of the impending mining reward halving.\nLeveraged bets against bitcoin (BTC) lost over $150 million in the past 24 hours as prices rallied 10% for the biggest daily gain since October, spurring calls for a firm new bull market.\nBTC briefly topped the $57,000 level early Tuesday to reach its highest price since November 2021 on the back of multiple catalysts, such as rising volumes on spot bitcoin exchange-traded funds (ETF) and institutional buying.\nCovering shorts may have contributed to the asset’s strength since the start of this week. Data from CoinGlass show short bets have lost over $180 million since Sunday. Still, open interest jumped from $48 billion to nearly $54 billion – showing a rise in bullish bets as traders expected volatility.\nLiquidation is when an exchange forcefully closes a trader’s leveraged position due to a margin shortfall. It happens when a trader lacks sufficient funds to keep the trade open.\nLarge liquidations can signal the local top or bottom of a steep price move, which may allow traders to position themselves accordingly.\nThe bitcoin bump buoyed the broader crypto market. Ether (ETH), Solana’s SOL and Cardano’s ADA rose 8% in the past 24 hours, while Stacks (STX) – a bitcoin layer-2 token – spiked over 25%.\nMarket observers said bitcoin is firmly in a “new bull market” and could see a significant upside as the anticipated halving event approaches.\n“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.”\n“With the bitcoin halving just over a month away, which historically brings price increases, tremendous upside lies ahead for bitcoin,” Adelman added.\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder and has historically preceded bull runs.', '• Bitcoin’s price rally has shaken out leveraged bearish bets.\n• Analysts said the cryptocurrency is a new bull market and poised to rally ahead of the impending mining reward halving.\nLeveraged bets against bitcoin (BTC) lost over $150 million in the past 24 hours as prices rallied 10% for the biggest daily gain since October, spurring calls for a firm new bull market.\nBTC briefly topped the $57,000 level early Tuesday to reach its highest price since November 2021 on the back of multiple catalysts, such as rising volumes on spot bitcoin exchange-traded funds (ETF) and institutional buying.\nCovering shorts may have contributed to the asset’s strength since the start of this week. Data from CoinGlass show short bets have lost over $180 million since Sunday. Still, open interest jumped from $48 billion to nearly $54 billion – showing a rise in bullish bets as traders expected volatility.\nLiquidation is when an exchange forcefully closes a trader’s leveraged position due to a margin shortfall. It happens when a trader lacks sufficient funds to keep the trade open.\nLarge liquidations can signal the local top or bottom of a steep price move, which may allow traders to position themselves accordingly.\nThe bitcoin bump buoyed the broader crypto market. Ether (ETH), Solana’s SOL and Cardano’s ADA rose 8% in the past 24 hours, while Stacks (STX) – a bitcoin layer-2 token – spiked over 25%.\nMarket observers said bitcoin is firmly in a “new bull market” and could see a significant upside as the anticipated halving event approaches.\n“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.”\n“With the bitcoin halving just over a month away, which historically brings price increases, tremendous upside lies ahead for bitcoin,” Adelman added.\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder and has historically preceded bull runs.', 'Company Overview\nZacks Rank #1 (Strong Buy) stockCoinbase (COIN)is the largest domestic cryptocurrency exchange. Coinbase facilitates the buying, selling, and storing of various digital assets, including popular cryptocurrencies like Bitcoin and Ethereum. As a user-friendly platform, Coinbase allows individuals to create accounts, deposit funds, and trade cryptocurrencies. It provides a secure wallet for storing digital assets and offers additional features such as educational resources, price charts, and market insights. Coinbase plays a pivotal role in the mainstream adoption of crypto, serving as a bridge between traditional financial systems and the evolving world of digital currencies. Additionally, Coinbase has expanded its services to include features like staking borrowing, and a professional trading platform known as Coinbase Pro.\nBitcoin ETFs = Most Successful Launch in History\nAfter a long and drawn-out saga, the U.S. Securities and Exchange Commission (SEC) finally approvedeleven Bitcoin ETFs that recently began trading.After over a month of being live, the Bitcoin ETF has lived up to the hype and has become the most successful ETF launch in history. For example,Fidelity’s Wise Origin Bitcoin Fund ETF (FBTC)andBlackRock’s (BLK) iShares Bitcoin Trust ETF (IBIT)have brought in more assets in the first month than any other ETF launched by the two financial giants. That’s saying something when you consider that Fidelity has 65 active ETFs and BlackRock has 426! Coinbase, which is the custodian for nearly every Bitcoin ETF, stands to benefit dramatically.\nStrong Balance Sheet\nSeth Klarman is a legendary value investor, billionaire, and one of the highest-earning money managers in the world. In a recent interview, Klarman stated that he avoids crypto but sees value in Coinbase, saying,“Coinbase is sitting on $5 billion in cash, has less than that in debt, and is doing some smart things.”\nImage Source: Zacks Investment Research\nA Swing to Profitability + More Momentum Expected\n2023 was Coinbase’s best year as a public company. COIN swung to its first annual profit ever as a public company and grew earnings 142% on robust revenue growth of 52% year-over-year. Based on Zacks Consensus Est Last 60 Days of Bitcoin's Closing Prices: [42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-27 Financial & Commodity Data: - Gold Closing Price: $2034.00 - Crude Oil Closing Price: $78.87 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,111,236,719,794 - Hash Rate: 524073682.9733743 - Transaction Count: 387598.0 - Unique Addresses: 674490.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin {{BTC}} remained steady at around $43,000 Thursday as tumbling U.S. regional bank stocks reignited fears about the health of U.S. lenders and a rerun of last March's banking crisis. Shares of New York Community Bancorp (NYCB) extended decline to over 40% since Tuesday, reaching similar troughs as last March after itreported lossesstemming from its commercial real estate loans and dividend cut. The KBW Nasdaq Regional Bank Index (KBR), a benchmark for the sector, edged another 2% lower following yesterday's largest daily decline since March. Market observers also mulled the importance of the Federal Reserveremovinga key language addressing the resiliency of the U.S. banking system in its Wednesday statement about its interest rate decision that appeared in previous instances, a development mostly trumped at the time by Fed Chair Powell quashing hopes of imminent rate cuts. "Who would've thought the removal of 'the U.S. banking system is sound and resilient' would be the most important line yesterday," Quinn Thompson, head of capital markets and growth at lending platform Maple Finance,saidin an X post, noting traditional safe haven asset gold's uptick relative to U.S. bank stocks. During last March's "banking crisis," notably, bitcoin rallied sharply – after a short-lived decline – nearly to $30,000 from $20,000 emerging as a perceived "safe haven" asset independent from the banking system's woes. Read more:Bitcoin Is a Clear Winner of the U.S. Banking Crisis This time, bitcoin's price action has been muted so far. The largest crypto by market cap slightly bounced higher from below $42,000 earlier during the day, consolidating in the familiar channel capped at $44,000. At press time, BTC changed hands at just below $43,000, up 1% over the past 24 hours. The CoinDesk 20 {{CD20}}, a broad crypto market benchmark tracking the largest crypto assets, gained 1.5% during the same period. "Whatever the reason for BTC’s 'risk off' behavior yesterday, it highlights the fascinating yet confusing duality of the BTC market – sometimes it’s a macro risk asset, sometimes it’s a hedge against macro risk," Noelle Acheson, analyst and author of Crypto Is Macro Now newsletter, wrote Thursday. Maple's Thompsonsaidhe was surprised by bitcoin's delayed reaction but is "cautiously long." "Traditional 'stores of value' are eroding slowly. Commercial real estate and local U.S. banks were always considered safe assets to store wealth," prominent digital asset and venture capital investor Dan Tapieropostedon X. "There were few alternatives...gold, art, equity, bonds etc. Bitcoin will be our new tech-enabled world store of value."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', '• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "698.80", "AUM ($, mm)": "250,061.78", "AUM % Change": "0.28%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "662.71", "AUM ($, mm)": "24,513.24", "AUM % Change": "2.70%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "486.26", "AUM ($, mm)": "17,165.92", "AUM % Change": "2.83%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "362.63", "AUM ($, mm)": "413,916.69", "AUM % Change": "0.09%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "293.45", "AUM ($, mm)": "33,411.92", "AUM % Change": "0.88%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "49,722.39", "AUM % Change": "0.45%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "215.70", "AUM ($, mm)": "49,471.06", "AUM % Change": "0.44%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "196.04", "AUM ($, mm)": "7,351.63", "AUM % Change": "2.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "178.12", "AUM ($, mm)": "1,002.39", "AUM % Change": "17.77%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "167.54", "AUM ($, mm)": "6,649.18", "AUM % Change": "2.52%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,402.80", "AUM ($, mm)": "495,758.41", "AUM % Change": "-0.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-1,122.78", "AUM ($, mm)": "442,655.70", "AUM % Change": "-0.25%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-334.91", "AUM ($, mm)": "32,054.28", "AUM % Change": "-1.04%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-318.16", "AUM ($, mm)": "12,058.11", "AUM % Change": "-2.64%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "-250.25", "AUM ($, mm)": "15,638.84", "AUM % Change": "-1.60%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-229.99", "AUM ($, mm)": "61,686.41", "AUM % Change": "-0.37%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-207.31", "AUM ($, mm)": "20,440.92", "AUM % Change": "-1.01%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-168.63", "AUM ($, mm)": "11,254.85", "AUM % Change": "-1.50%"}, {"Ticker": "SSO", "Name": "ProShares Ultra S&P 500", "Net Flows ($, mm)": "-164.99", "AUM ($, mm)": "4,333.84", "AUM % Change": "-3.81%"}, {"Ticker": "TOTL", "Name": "SPDR DoubleLine Total Return Tactical ETF", "Net Flows ($, mm)": "-156.84", "AUM ($, mm)": "3,007.69", "AUM % Change": "-5.21%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.79", "AUM ($, mm)": "6,947.29", "% of AUM": "-0.21%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "8.62", "AUM ($, mm)": "17,332.74", "% of AUM": "0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "69.31", "AUM ($, mm)": "123,090.64", "% of AUM": "0.06%"}, {"": "Currency", "Net Flows ($, mm)": "243.54", "AUM ($, mm)": "41,587.04", "% of AUM": "0.59%"}, {"": "International Equity", "Net Flows ($, mm)": "150.99", "AUM ($, mm)": "1,411,868.66", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "252.28", "AUM ($, mm)": "175,270.38", "% of AUM": "0.14%"}, {"": "Inverse", "Net Flows ($, mm)": "-162.51", "AUM ($, mm)": "14,005.57", "% of AUM": "-1.16%"}, {"": "Leveraged", "Net Flows ($, mm)": "-340.35", "AUM ($, mm)": "88,044.29", "% of AUM": "-0.39%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-2,526.61", "AUM ($, mm)": "5,254,180.11", "% of AUM": "-0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,691.40", "AUM ($, mm)": "1,364,122.83", "% of AUM": "0.12%"}, {"": "Total:", "Net Flows ($, mm)": "-628.13", "AUM ($, mm)": "8,496,449.56", "% of AUM": "-0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s rulingin August that prevented crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF. That inaction put the onus back on the SEC to move forward with its Bitcoin ETF approval process.\nFor several weeks leading up to the SEC\'s multiple thumbs up, many opportunistic traders capitalized on a broad crypto rally while noting that ETFs are a much more accessible medium for investors hoping to put their money to work in cryptocurrencies. ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage, in contrast to the previous need for investors to set up separate crypto accounts or wallets with a crypto-specific broker. The approvals also stand tall as a de facto vote of confidence from a government agency in crypto ETFs as a legitimate investment medium.\nStill, it\'s worth noting that after a multi-month rally that began in October, major cryptocurrencies initially pulled back following the official launch of the first spot Bitcoin ETFs six weeks ago.\nAccording to data analytics firm CryptoQuant, however, the capital influx stemming from spot crypto ETFs -- including a potential Ether ETF next -- has the potential to increase the overall cryptocurrency market capitalization by a total of more than $1 trillion over the long term.\nTo that end, crypto traders have now turned their eyes toward the date of May 23, 2024 -- which is the final deadline for the SEC to approve (or deny) spot Ether ETF applications from multiple investment management companies including VanEck and Ark\'s 21Shares.\nThere are no guarantees, of course, that spot Ether ETFs will be approved in May. But given the similarity of the assets and the precedent set by the dozens of now-live Bitcoin ETFs, the likelihood of an SEC denial seems extraordinarily low with the proverbial crypto ETF floodgates already opened.\nBut with the May 23 deadline now less than three months away, analysts at both Bloomberg andStandard Charteredhave mused in recent weeks that anticipation of the first Ether ETFs could spark a similar extended rally to what we saw leading up to the first Bitcoin ETF approvals. Considering the Bitcoin ETF hype cycle appeared to spark its own rally around three months prior to those approvals, it\'s no surprise we\'re now seeing increased speculation surrounding the potential Ether ETF approval timeline.\n"The Ether spot [ETF] is tied to the hip of Bitcoin spot for sure," mused Bloomberg ETF analyst Eric Balchunas last month. "It\'s gonna go wherever it goes -- it\'s basically like on a 15-foot rope following it."\nIn the end, keep in mind these hype-based gains could be fickle over the short term. But there\'s obviously multiple billions of very real dollars each week flowing into crypto assets as the world steadily appears to be accepting it as a valid place to park capital. If that keeps happening, it will be no surprise to see the prices of major cryptocurrencies continue to rise accordingly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\nWhy Bitcoin, Ethereum, and Dogecoin Rallied on Tuesdaywas originally published by The Motley Fool', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s rulingin August that prevented crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF. That inaction put the onus back on the SEC to move forward with its Bitcoin ETF approval process.\nFor several weeks leading up to the SEC\'s multiple thumbs up, many opportunistic traders capitalized on a broad crypto rally while noting that ETFs are a much more accessible medium for investors hoping to put their money to work in cryptocurrencies. ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage, in contrast to the previous need for investors to set up separate crypto accounts or wallets with a crypto-specific broker. The approvals also stand tall as a de facto vote of confidence from a government agency in crypto ETFs as a legitimate investment medium.\nStill, it\'s worth noting that after a multi-month rally that began in October, major cryptocurrencies initially pulled back following the official launch of the first spot Bitcoin ETFs six weeks ago.\nAccording to data analytics firm CryptoQuant, however, the capital influx stemming from spot crypto ETFs -- including a potential Ether ETF next -- has the potential to increase the overall cryptocurrency market capitalization by a total of more than $1 trillion over the long term.\nTo that end, crypto traders have now turned their eyes toward the date of May 23, 2024 -- which is the final deadline for the SEC to approve (or deny) spot Ether ETF applications from multiple investment management companies including VanEck and Ark\'s 21Shares.\nThere are no guarantees, of course, that spot Ether ETFs will be approved in May. But given the similarity of the assets and the precedent set by the dozens of now-live Bitcoin ETFs, the likelihood of an SEC denial seems extraordinarily low with the proverbial crypto ETF floodgates already opened.\nBut with the May 23 deadline now less than three months away, analysts at both Bloomberg andStandard Charteredhave mused in recent weeks that anticipation of the first Ether ETFs could spark a similar extended rally to what we saw leading up to the first Bitcoin ETF approvals. Considering the Bitcoin ETF hype cycle appeared to spark its own rally around three months prior to those approvals, it\'s no surprise we\'re now seeing increased speculation surrounding the potential Ether ETF approval timeline.\n"The Ether spot [ETF] is tied to the hip of Bitcoin spot for sure," mused Bloomberg ETF analyst Eric Balchunas last month. "It\'s gonna go wherever it goes -- it\'s basically like on a 15-foot rope following it."\nIn the end, keep in mind these hype-based gains could be fickle over the short term. But there\'s obviously multiple billions of very real dollars each week flowing into crypto assets as the world steadily appears to be accepting it as a valid place to park capital. If that keeps happening, it will be no surprise to see the prices of major cryptocurrencies continue to rise accordingly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\nWhy Bitcoin, Ethereum, and Dogecoin Rallied on Tuesdaywas originally published by The Motley Fool', "Meme tokens are back in the spotlight, with prominent tokens likePepe (ETH)andDogwifhat (WIF)experiencing rallies in the past 24 hours. Pepe, the frog-themed token, surged by 37% in the last 24 hours and 142% over the past 7 days, reaching its highest price since May 2021. Similarly, Solana's WIF token saw a 69% increase over the past week.\nThis surge is attributed to several factors. Firstly, meme coins are increasingly seen as a way to bet on the growth of their underlying blockchains. As both Ethereum (ETH) and Solana (SOL) rallied over 8% in the past day, meme tokens within their ecosystems followed suit.\nThis comes amidst a broader market rally led by Bitcoin, which reached a two-year high of $58,000. BTC gained over 11% in the past week, as outflows from Grayscale’s GBTC have slowed down.\nThis renewed interest in meme coins also stems from their potential profitability. While traditionally considered lacking intrinsic value, some investors view them as a risky but potentially lucrative way to capitalize on ecosystem growth. Additionally, meme culture and the community engagement that meme tokens often spark are recognized as valuable assets. The Avalanche Foundation recently announced a $100 million culture fund to invest in such tokens.", "HONG KONG (AP) — Asian markets were mostly lower on Wednesday after U.S. stocks held near their record levels in a quiet day of trading.\nU.S. futures and oil prices fell.\nJapan’s benchmark Nikkei 225 edged 0.1% lower to 39,230.50.\nChinese markets fluctuated, with Hong Kong’s Hang Seng rising 0.2% to 16,825.00, while the Shanghai Composite lost 0.7% to 2,995.40.\nChina’s largest private property developer, Country Garden, said Wednesday that it is facing a liquidation petition after failing to repay a term loan facility worth 1.6 billion Hong Kong dollars ($204.5 million). The first hearing in the case is scheduled for May 17.\nThe move comes afterChina Evergrande, the world’s most heavily indebted real estate developer, was ordered to undergo liquidation following a failed effort to restructure $300 billion in late January.\nHong Kong was due to release its fiscal budget, which is expected to include measures to revitalize the distressed property market.\nAustralia’s S&P/ASX 200 was little changed at 7,663.50 after the Australian Bureau of Statistics said Wednesday the country’s inflation rate held at a two-year low in January, triggering hopes that the Reserve Bank may cut its benchmark interest rate.\nSouth Korea’s Kospi gained 0.8% to 2,646.55, while Thailand's SET was down 0.5%.\nOn Tuesday, the S&P 500 added 0.2%, to 5,078.18 and was just off its all-time high set last week. The Dow Jones Industrial Average dipped 0.2%, to 38,972.41, and the Nasdaq composite rose 0.4% to 16,035.30.\nMacy’sclimbed 3.4% after reporting better results for the latest quarter than feared. It also announced a sweeping reorganization as it tries to kickstart growth in revenue.\nNorwegian Cruise Line Holdings steamed 19.8% higher for the biggest gain in the S&P 500 after saying it’s seeing healthy demand from customers.\nAutoZone revved 6.7% higher after reporting a stronger profit than expected. Much of its growth last quarter came from its stores in Mexico and Brazil.\nZoom Video Communications climbed after topping analysts’ forecasts for profit last quarter. It also announced a program to buy back up to $1.5 billion of its stock, which would send cash directly to shareholders.\nThose winners helped offset a 1.5% drop forChevron, one of the main reasons for the Dow Jones Industrial Average’s slide. The company warned that its pending takeover of Hess may be under threat.\nCryptocurrency prices have also been running higher. Bitcoin rose above $57,000 before edging back below the threshold and is up by roughly a third so far this year already.\nNewexchange-traded funds that hold bitcoinhave made investing in the cryptocurrency easier, while also driving business for Coinbase and others who safeguard those ETFs’ bitcoins. Coinbase rose 2.7% Tuesday to bring its gain for the year so far to 14.5%.\nEarnings reporting season is winding down for the big companies in the S&P 500, and the hope is that a remarkably solid U.S. economy will help profits grow through this year.\nA report in Tuesday morning showed orders for long-lasting manufactured goods were weaker last month than economists expected, but they were better than forecast after ignoring airplanes and other transportation items.\nA separate report said thatconfidence among U.S. consumers unexpectedly slipped. Confidence had been on the upswing, and it’s a closely followed figure on Wall Street because spending by consumers makes up the bulk of the U.S. economy.\nOn the upside for investors, the report also showed that expectations for inflation among U.S. consumers ticked down a bit.\nIn other trading, U.S. benchmark crude oil lost 29 cents to $78.58 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was down 30 cents at $82.36 per barrel.\nThe U.S. dollar was flat at 150.50 Japanese yen. The euro fell to $1.0834 from $1.0844.", "• Investors are staying on the sidelines ahead of key data this week.\n• That includes Wednesday's revised fourth-quarter GDP data and Thursday's Personal Consumption Expenditures report.\n• Ahead of upcoming Fed speakers, Governor Michelle Bowman said it's too soon to start cutting rates.\nUS stocks ended the session mixed on Tuesday, with the Dow Jones Industrial Average shedding almost 100 points.\nAn upcoming slate of economic data has kept market moves muted in the last two days. Revised fourth-quarter GDP is set to be released on Wednesday, followed by the Personal Consumption Expenditures report on Thursday. The inflation gauge is the Federal Reserve's preferred measure.\nBoth data points will help inform the trajectory of future interest rates, as the central bank is looking for evidence of consistent disinflation before loosening monetary policy.\nEarlier market convictions that rate cuts were around the corner were hampered when January's consumer price index came in stronger than anticipated. Most investors nowexpect the first reduction to occur in June, and estimate no more than 75 basis points of cuts.\nThis week, markets are also awaiting to hear a number of Fed speakers, offering further clues as to future policy. On Tuesday, Fed Governor Michelle Bowmanreiterated that it was too soonto start cutting. She expects inflation to continue falling under current conditions.\nAlthough most earnings reports have been released, Tuesday sawHims & Hers Healthjump 31.4%, on a better-than-expected performance. Similarly,Zoom Videorose nearly 8%.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,078.21, up 0.17%\n• Dow Jones Industrial Average: 38,972.41, down 0.25% (-96.56 points)\n• Nasdaq Composite: 16,035.30, up 0.37%\nHere's what else happened today:\n• The stock rally's main driver is set to weaken - here arethree reasons profit margins will likely fall, JPMorgan said.\n• Western discussions aboutusing Russia's frozen assets helps undermine trust in the dollar and euro,the country's finance minister said.\n• History saysthe S&P 500 is far from bubble territory.\n• Elf Beauty returns havebeaten Nvidia's on a five-year horizon.\n• It's abad idea to put cash into mega-cap leaders, Bill Smead warned.\n• Russia isbanning gasoline exports for six months.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed up 1.35% to $78.63 a barrel.Brent crude, the international benchmark, rose 1% to $82.39 a barrel.\n• Goldwas nearly flat at $2,039.50 per ounce.\n• The 10-year Treasury edged up to 4.307%.\n• Bitcoinjumped 4% to $56,792.\nRead the original article onBusiness Insider", '• The spread between perpetual funding rates in bitcoin and ether markets recently collapsed, indicating an uptick in investors’ risk appetite.\n• The development suggests continued outperformance of alternative cryptocurrencies ahead.\nCrypto bulls questioning the sustainability of recent sharp gains inalternativecryptocurrencies(altcoins), includingmeme coins, may consider the latest trend in the spread between bitcoin and ether perpetual funding rates.\nData tracked byGlassnodeshow that the spread recently collapsed to an annualized level of - 9%, a sign investors are willing to pay more to take leveraged long or bullish bets in the ether perpetual futures market compared to bitcoin {{BTC}}. In other words, risk appetite is rising – investors are willing to pour money into smaller and risky altcoins, expecting to generate a large profit.\n“The spread between BTC and ETH funding rates is widening. Prior to October-2023, a relatively neutral regime can be observed, where the spread oscillated between positive and negative state,” Glassnode said in the weekly newsletter.\n"However, since the October rally, funding rates for ETH have been consistently higher than for BTC, inferring an increased appetite by traders to speculate further out on the risk curve,” Glassnode added.\nBitcoin is the world’s largest cryptocurrency by market value and the most liquid, with growing mainstream adoption. Ether, meanwhile, is considered a relatively high beta and an altcoin leader. Thus, the price or funding rate differential in bitcoin and ether markets reflects the broader risk sentiment as theAUD/JPY pairdoes in traditional markets.\nPerpetuals or futures without expiry include a funding rate mechanism so that prices for perpetuals closely follow spot prices. A positive funding rate means leverage is skewed to the bullish side, and long position holders are willing to pay shorts to keep their bets open. A negative rate suggests otherwise.\nThe bitcoin-ether funding rate spread hovered between -3% (lower bound) and +3% (upper bound) in the first nine months of 2023. Since October, the spread has seen several brief drops below -3%, signaling a bias for ether and the wider altcoin market.\nThe latest decline comes as ether and other altcoins lead the total crypto market capitalization higher. Bitcoin’s share in the total market often called the dominance rate, has remained between 51% and 54% since early January, according to charting platform TradingView. The total crypto market capitalization has increased from roughly $1.7 trillion to $2.2 trillion during that period.', '• The spread between perpetual funding rates in bitcoin and ether markets recently collapsed, indicating an uptick in investors’ risk appetite.\n• The development suggests continued outperformance of alternative cryptocurrencies ahead.\nCrypto bulls questioning the sustainability of recent sharp gains inalternativecryptocurrencies(altcoins), includingmeme coins, may consider the latest trend in the spread between bitcoin and ether perpetual funding rates.\nData tracked byGlassnodeshow that the spread recently collapsed to an annualized level of - 9%, a sign investors are willing to pay more to take leveraged long or bullish bets in the ether perpetual futures market compared to bitcoin {{BTC}}. In other words, risk appetite is rising – investors are willing to pour money into smaller and risky altcoins, expecting to generate a large profit.\n“The spread between BTC and ETH funding rates is widening. Prior to October-2023, a relatively neutral regime can be observed, where the spread oscillated between positive and negative state,” Glassnode said in the weekly newsletter.\n"However, since the October rally, funding rates for ETH have been consistently higher than for BTC, inferring an increased appetite by traders to speculate further out on the risk curve,” Glassnode added.\nBitcoin is the world’s largest cryptocurrency by market value and the most liquid, with growing mainstream adoption. Ether, meanwhile, is considered a relatively high beta and an altcoin leader. Thus, the price or funding rate differential in bitcoin and ether markets reflects the broader risk sentiment as theAUD/JPY pairdoes in traditional markets.\nPerpetuals or futures without expiry include a funding rate mechanism so that prices for perpetuals closely follow spot prices. A positive funding rate means leverage is skewed to the bullish side, and long position holders are willing to pay shorts to keep their bets open. A negative rate suggests otherwise.\nThe bitcoin-ether funding rate spread hovered between -3% (lower bound) and +3% (upper bound) in the first nine months of 2023. Since October, the spread has seen several brief drops below -3%, signaling a bias for ether and the wider altcoin market.\nThe latest decline comes as ether and other altcoins lead the total crypto market capitalization higher. Bitcoin’s share in the total market often called the dominance rate, has remained between 51% and 54% since early January, according to charting platform TradingView. The total crypto market capitalization has increased from roughly $1.7 trillion to $2.2 trillion during that period.', 'Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s {{BTC}} halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.\nBitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. The next halving is expected in mid-April, acountdown clockshows.\nPrices tend to rise with fewer new bitcoin on the open market as long as demand remains constant or increases. Historical price action may not be repeated in the future, but the anticipation of a rally may push investors to put outsized bets on the asset.\n“The anticipation always leads to increased buying activity or ‘FOMO’ for lack of a better term,” Bryan Legend, CEO of Hectic Labs, told CoinDesk in a Telegram message. “Investors expect a reduction in supply to drive up prices, and a pre-halving rally which contributes to a new bull market with a refreshed bullish sentiment.”\n“However, the rally leading up to the actual halving event is a great time to realize short-term gains,” Legend added.\nMeanwhile, some traders expect bitcoin to top its lifetime peak of $69,000 in March, saying institutional demand and the early success of spot bitcoin exchange-traded funds (ETFs) are likely to push prices.\n“With 54 days left before the bitcoin halving and the expectation of the Fed’s interest rate cut in the middle of the year, bitcoin prices have a support level at $50,000 and may fluctuate to hit historical highs in March,” Ryan Lee, chief analyst at Bitget Research, told CoinDesk in a message.\n“The trading volume of nine bitcoin ETFs in the U.S. also reached a new high of $3.2 billion last week, indicating institutions have a strong bullish sentiment,” Lee added.\nBitcoin ETFs traded a cumulative $2 billion on Tuesday. BlackRock’s IBITrecorded over $1.3 billionin daily trading volume for the second consecutive day.\nBitcoin was trading just above $57,200 in Asian morning hours on Wednesday, adding 1.5% in the past 24 hours. TheCD20, a broad-based index, is up nearly 1%.', 'Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s {{BTC}} halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.\nBitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. The next halving is expected in mid-April, acountdown clockshows.\nPrices tend to rise with fewer new bitcoin on the open market as long as demand remains constant or increases. Historical price action may not be repeated in the future, but the anticipation of a rally may push investors to put outsized bets on the asset.\n“The anticipation always leads to increased buying activity or ‘FOMO’ for lack of a better term,” Bryan Legend, CEO of Hectic Labs, told CoinDesk in a Telegram message. “Investors expect a reduction in supply to drive up prices, and a pre-halving rally which contributes to a new bull market with a refreshed bullish sentiment.”\n“However, the rally leading up to the actual halving event is a great time to realize short-term gains,” Legend added.\nMeanwhile, some traders expect bitcoin to top its lifetime peak of $69,000 in March, saying institutional demand and the early success of spot bitcoin exchange-traded funds (ETFs) are likely to push prices.\n“With 54 days left before the bitcoin halving and the expectation of the Fed’s interest rate cut in the middle of the year, bitcoin prices have a support level at $50,000 and may fluctuate to hit historical highs in March,” Ryan Lee, chief analyst at Bitget Research, told CoinDesk in a message.\n“The trading volume of nine bitcoin ETFs in the U.S. also reached a new high of $3.2 billion last week, indicating institutions have a strong bullish sentiment,” Lee added.\nBitcoin ETFs traded a cumulative $2 billion on Tuesday. BlackRock’s IBITrecorded over $1.3 billionin daily trading volume for the second consecutive day.\nBitcoin was trading just above $57,200 in Asian morning hours on Wednesday, adding 1.5% in the past 24 hours. TheCD20, a broad-based index, is up nearly 1%.', "AMSTERDAM,Feb. 28, 2024/CNW/ --Bybit, one of the world's top threecryptoexchanges by volume, is excited to announce thatBybit Powered by SATOSlaunches a limited-time referral program to its loyal users inthe Netherlands. Thisexclusive program, running untilMarch 21, 2024, offers existing users the chance to share their Bybit experience with friends and receive exclusive rewards.\nBuilding the DutchCryptoCommunity:This initiative aligns with Bybit's ongoing efforts to foster growth and collaboration within the Dutchcryptocommunity:\n• Grow access to secure and reliablecryptotradingBy sharing their unique referral links, users can introduce friends to a platform committed to robust security, user-friendly features, and diverse trading opportunities – all offered through the trusted partnership with SATOS\n• Strengthenthe Netherlands'cryptoecosystemAs more individuals explore the world ofcryptothrough Bybit Powered by SATOS, the overall knowledge base and user base withinthe Netherlandscan expand, leading to a more robust and diversecryptocommunity.\nRewarding Engagement:Users participating in the referral program have the opportunity to earn exclusive rewards, including:\n1. Up to 30% commission: Receive a share of trading fees generated by your referred friends.\n2. Free BTC: Be eligible to receive a portion from a dedicated pool of free BTC distributed among successful referrers.\nBybit's collaboration with SATOS, a licensed Virtual Asset Service Provider (VASP) inthe Netherlands, emphasizes their commitment to regulatory compliance and providing Dutch users with a secure and legal path to explorecryptocurrencies.\n#Bybit #TheCryptoArk\nAboutBybit Powered by SATOS\nIn June 2023,\xa0Bybit formed a strategic alliance with SATOS, one of the oldestcryptoservice providers operating inthe NetherlandsandBelgiumsince 2013. This partnership is a testament to our commitment to providing the best services to our users in line with regulatory guidelines, and ensuring the delivery of high-quality services to our users.\nAbout Bybit\nBybit is one of the world's top threecryptocurrencyexchanges by volume with 20 million users. Established in 2018, it offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit's Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-powered-by-satos-expands-reach-in-the-netherlands-with-exclusive-referral-program-302073490.html\nSOURCE Bybit\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/February2024/28/c1500.html", "AMSTERDAM,Feb. 28, 2024/PRNewswire/ --Bybit, one of the world's top threecryptoexchanges by volume, is excited to announce thatBybit Powered by SATOSlaunches a limited-time referral program to its loyal users inthe Netherlands. Thisexclusive program, running untilMarch 21, 2024, offers existing users the chance to share their Bybit experience with friends and receive exclusive rewards.\nBuilding the DutchCryptoCommunity:This initiative aligns with Bybit's ongoing efforts to foster growth and collaboration within the Dutchcryptocommunity:\n• Grow access to secure and reliablecryptotradingBy sharing their unique referral links, users can introduce friends to a platform committed to robust security, user-friendly features, and diverse trading opportunities – all offered through the trusted partnership with SATOS\n• Strengthenthe Netherlands'cryptoecosystemAs more individuals explore the world ofcryptothrough Bybit Powered by SATOS, the overall knowledge base and user base withinthe Netherlandscan expand, leading to a more robust and diversecryptocommunity.\nRewarding Engagement:Users participating in the referral program have the opportunity to earn exclusive rewards, including:\n1. Up to 30% commission: Receive a share of trading fees generated by your referred friends.\n2. Free BTC: Be eligible to receive a portion from a dedicated pool of free BTC distributed among successful referrers.\nBybit's collaboration with SATOS, a licensed Virtual Asset Service Provider (VASP) inthe Netherlands, emphasizes their commitment to regulatory compliance and providing Dutch users with a secure and legal path to explorecryptocurrencies.\n#Bybit #TheCryptoArk\nAboutBybit Powered by SATOS\nIn June 2023,\xa0Bybit formed a strategic alliance with SATOS, one of the oldestcryptoservice providers operating inthe NetherlandsandBelgiumsince 2013. This partnership is a testament to our commitment to providing the best services to our users in line with regulatory guidelines, and ensuring the delivery of high-quality services to our users.\nAbout Bybit\nBybit is one of the world's top threecryptocurrencyexchanges by volume with 20 million users. Established in 2018, it offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit's Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-powered-by-satos-expands-reach-in-the-netherlands-with-exclusive-referral-program-302073490.html\nSOURCE Bybit", 'Bitcoin {{BTC}} surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization.\nThe price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.\nMeanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 3%.\nFutures bets on lower bitcoin prices took on $25 million in liquidations since Asian morning hours,Coinglass datashows, which may have contributed to the price spike.\nElsewhere, major tokens ether {{ETH}}, Solana’s SOL and XRP gained as much as 3% since Asian morning hours,CoinGecko datashows.\nMeanwhile, the fear and greed index, a sentiment metric that tracks the rate of change in asset movement against inherent fundamentals, flashed 82 on Wednesday – implying extreme greed and reaching the highest such level in over a year.\nThe index is rated on a scale of 0-100, with 0 being the most fearful and 100 being the most greedy. A greedy environment is considered a sign of euphoria, which “means the market is due for a correction,” theindex’s developerssay.\nTraders remain unfazed, however, with some expecting bitcoin to cross its previous highs of $69,000 in March.', 'Bitcoin {{BTC}} surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization.\nThe price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.\nMeanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 3%.\nFutures bets on lower bitcoin prices took on $25 million in liquidations since Asian morning hours,Coinglass datashows, which may have contributed to the price spike.\nElsewhere, major tokens ether {{ETH}}, Solana’s SOL and XRP gained as much as 3% since Asian morning hours,CoinGecko datashows.\nMeanwhile, the fear and greed index, a sentiment metric that tracks the rate of change in asset movement against inherent fundamentals, flashed 82 on Wednesday – implying extreme greed and reaching the highest such level in over a year.\nThe index is rated on a scale of 0-100, with 0 being the most fearful and 100 being the most greedy. A greedy environment is considered a sign of euphoria, which “means the market is due for a correction,” theindex’s developerssay.\nTraders remain unfazed, however, with some expecting bitcoin to cross its previous highs of $69,000 in March.', 'When we sat down to start writing this news roundup, Bitcoin was hovering around $57K, and the mood among traders was cautiously optimistic.\nWithin a matter of hours though, Bitcoin went on a powerful rally, blasting through the $59k like a hot knife through butter. Meanwhile, theCMC Crypto Fear & Greed Indexspiked to 80, signaling extreme greed in the markets as FOMO has firmly taken hold.\nThese wild market swings never cease to keep us on our toes!\nOn that note, here is our Meme of the Day:\nWhile markets giveth and markets taketh away, the real stories in crypto often happen outside the charts and ratios. That\'s why we\'re here - to keep you updated on the technology, adoption, regulation, and trends that underpin this dynamically changing space.\nIn today\'s edition:\n• The U.S.goes crazy for a top coindespite market uncertainty 🇺🇸\n• Solana and Ethereum-based meme coinsexperience wild pumps🐸\n• A tokengains 140%after a big VC investment 📈\n• Ripple teams up with Axelar toaccelerate real-worldasset adoption 🏠\n• Powerful senatorsoppose Biden\'scentral bank digital currency plans 💵\nLet’s dive deeper into each of these stories!\nThere\'s a certain top coin that the U.S. tradersjust can\'t get enough of lately. No, it\'s not the OG coin that starts with a B. It\'s the other big dog – the smart contract leader that gave us NFTs and DeFi. Let\'s just say its name starts with E and rhymes with "3tharium."\nNew data reveals traders on Coinbase have been gobbling up $ETH tokens like Pacman.\nIn fact, $ETH buys on Coinbase are main the driving force for the +11% price pump we\'ve seen over the past week.\nSo what\'s got U.S. traders suddenly so hungry for ETH?Read the full story!\nBrace yourself,meme coin mania seems to be back!\nLet\'s start with $PEPE – an Ethereum-based token featuring everyone\'s favorite meme frog. This coin just gained +37% in 24 hours and +142% in the past week!\nNot to be outdone, $WIF on Solana got in on the action with a 69% pump over 7 days.\nNow, you may be wondering why these tokens are rallying all of a sudden.Read the full story!\nLooks like one lucky coinjust got a big VC juiceand gained about 140%!\nThe coin called $AERO powers a new liquidity protocol on Base (a trendy layer 2 network).\nAs soon as the news came out, $AERO exploded from $0.097 to $0.2538. We\'ll save you the math, but trust us that\'s more than 140% gains.\nNow what does this mean? It shows Coinbase\'s big bets are lining up behind Base and its top protocols like Aerodrome.\nAnd when you get a blessing from the VC gods, it usually means even more growth is coming.Read the full story!\nTwo major players in crypto infrastructure arejoining forces to advance real-world asset(RWA) tokenization on blockchain.\nRipple, the company behind XRP and the XRP Ledger, has officially partnered with Axelar - an interoperability protocol powering communication among 55+ chains.\nTogether, they aim to create the rails for RWA tokenization to really take off. We\'re talking tokenized real estate, artwork, shares in companies - you name it.\nThis could be a game changer for bringing traditional lending into crypto as collateralized loans.\nSoon physical things becoming liquid crypto tokens could be the norm. But do they have VC backing to support this project? Do they have enough funds to pull it off?Read the full story!\nA group of senators just signed a new billaimed at crushingBiden\'s dreams of a central bank digital currency (CBDC).\nLed by Senator Ted Cruz, they don\'t want the fed controlling and tracking every burrito and beer purchase made by citizens.\nThe bill slams the brakes on CBDCs, blocking the central bank from issuing digital dollars without first going through Congress.\nCruz warned about the dangers of "government-controlled programmable money" that could monitor all your spending and even freeze access to your funds.\nAre big politicians supporting this bill against CBDC?Read the full story!\nAnd that concludes our news roundup.\nBefore you head out, take a sec to sign up for our newsletter below, and we\'ll deliver the hottest crypto stories straight to your inbox!\nSubscribe to Our Newsletter!', 'When we sat down to start writing this news roundup, Bitcoin was hovering around $57K, and the mood among traders was cautiously optimistic.\nWithin a matter of hours though, Bitcoin went on a powerful rally, blasting through the $59k like a hot knife through butter. Meanwhile, theCMC Crypto Fear & Greed Indexspiked to 80, sig Last 60 Days of Bitcoin's Closing Prices: [42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-28 Financial & Commodity Data: - Gold Closing Price: $2033.00 - Crude Oil Closing Price: $78.54 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,123,495,831,594 - Hash Rate: 605325416.7676959 - Transaction Count: 413800.0 - Unique Addresses: 763915.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After much delay, spot bitcoin exchange-traded funds (ETFs) have burst on the scene. BlackRock’s IBIT is now the fifth largest ETF (of all) by inflows this year, with rival funds not far behind. It’s not yet clear whether this rate of growth can keep pace and match the bullish predictions set by firms likeStandard Chartered Bank and Fidelityfor meteoric end-of-year ETF valuations, but it is obvious that bitcoin ETFs are here to stay. The question is how will Wall Street approach this newfound way to gain bitcoin exposure, and will regular investors want a piece of the action? “We think bitcoin could be one of the most talked about brands on Wall Street in the next decade,” Mike Willis, CEO and founder of ONEFUND, said. “You're at the beginning of the ‘bitcoin era’ on Wall Street.” Although remiss to offer a price prediction, Willis said he thinks bitcoin could easily catch up togold's market cap. It’s an interesting prediction given ONEFUND’s strategy in launching its own bundle of bitcoin ETFs. The independent index fund operation, most known for its $106 million INDEX ETF that tracks the S&P 500, plans to launch a number of “Cyber Hornet” funds that hold both bitcoin and traditional equities in a bid to appeal to risk averse retail investors. Most wealth managers will not advise their clients to take more than a1%-3% allocation in crypto, Willis said. But even that small recommendation could open up financial advisers to legal risks. “Hardcore bitcoiners might be used to it, but 90% of Wall Street and just traditional investors are not used to being down 40% in a given month.” “If I'm down 40% for clients they’re burnin up my phone, if I'm down 50% they're out, if I'm down 60% or 70% it's a potential fiduciary liability — a potential lawsuit. Advisers are aware of that,” Willis, who co-founded ONEFUND in 2015 after stints at UBS, Paine Webber and Smith Barney, said. The ETF closest to launch, which has received approval by the SEC under the tickerZZZ, will allocate 75% of its capital to the S&P and 25% to bitcoin futures (with an option also to hold spot bitcoin, Willis said). The idea is to help mitigate bitcoin’s potential downside risk and notable volatility by investing in “the most widely held index strategy on Wall Street.” Willis said he predicts a number of hybrid funds to launch with strategies that protect the downside “vol,” or volatility, of bitcoin, perhaps using U.S. Treasuries and/or other less risky asset classes. This will also be a way for funds to differentiate themselves, given the crowded competition after11 spot bitcoin ETFswere approved on the same day. Like many, Willis sees a race to the bottom in terms of management fees — given that it's one of the few ways firms can undercut their competition. Others are offering promotions, like Bitwise slashing fees to zero for thefirst six monthsor until the fund reaches a certain asset threshold. But these marketing efforts can work only for a limited time. The other way for firms to compete is how they treat the underlying bitcoin they buy with investors’ money — either leveraging it to earn yield for the company or holding it in cold storage. Some funds, Willis said, may rehypothecate (or loan out) the bitcoins in order to earn a return, which can earn “hundreds of basis points.” See also:A Bitcoin ETF Will Never Be Your Bitcoin\| Opinion For its part, ONEFUND has no intention of competing on fees, and thinks it will be able to charge higher rates because it’ll guarantee in its prospectus that the bitcoins won’t move from cold storage (the firm is talking withCaitlin Long’s Custodia Bankfor custody services). But there are other, somewhat intangible ways that firms can diversify away from the pack. For instance, the one firm holding firm to high fees is Grayscale, which is charging 1.5% on its popular GBTC product. GBTC has a lot of brand equity built up as the first traditional on-ramp into bitcoin, launching initially as a close-ended trust in 2013. The fund has seennotable withdrawalssince it transitioned to an ETF this year, though Willis said he’s surprised the fund hasn’t lost more. “It's loyalty. It's laziness. And the other side is bitcoiners don't want to go to BlackRock or Fidelity — they want to keep it in the community,” he said. ONEFUND is hoping to tap into that same sense of bitcoiner camaraderie, a sort of non-institutional institution. That’s part of the reason why it chose the Cyber Hornet branding, a phrase most closely associated with uber-bitcoiner Michael Saylor, who is not affiliated with the product. The firm, which made news when it allowed its INDEX fundshareholders to vote by proxy, has also secured a number of “kickass” tickers for its ETFs, which will all have different allocations between bitcoin and the S&P500. Triple-letter tickers, like “the Qs,” standing for Nasdaq’s QQQ, are valuable real-estate, Willis said, mentioning the “triple Z” ticker on his firm’s flagship bitcoin ETF. Indeed, a number of recently launched ETFs carry meme-worthy names, including Valkyrie's BRRR (referring to the pandemic era“money printer go BRR”meme) and VanEck’s HODL (referencing how bitcoiners buy, hold and rarely sell). See also:The Rise and Fall of Bitcoin Culture\| Opinion "We think the branding is going to stand for doing things the ‘right way,’ the non-institutional choice that represents the community,” Willis said. “We're not owned by BlackRock, we're not owned by the big institutions." Still, in some sense, Willis' game plan revolves around Wall Street entering the picture. Although it may not be the most "orthodox" way to get people using bitcoin, it is the easiest and safest route to mass onboarding into bitcoin economy via ETFs, perhaps fulfilling Cory Klippsten's dream of creating"10 million bitcoiners," Willis said. The first turn of the supposed flywheel came last year, when BlackRock announced its plan to launch a bitcoin ETF, which in a way gave other Wall Street firms cover to also get involved. Now that ETFs are actually live, over the next decade more and more capital will flow into bitcoin — beginning with model portfolios, retirement accounts, pension plans and ultimately culminating in it becoming a "mainstream asset class," Willis said. "Bitcoin has been alive and well for 15 years, but on Wall Street it's been non-existent," he said. "This changes everything."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', "Katherine Schneider; Director, IR; Bain Capital Specialty Finance, Inc.\nMichael Ewald; CEO & Director; Bain Capital Specialty Finance, Inc.\nMike Boyle; President; Bain Capital Specialty Finance, Inc.\nAmit Joshi; CFO & Treasurer; Bain Capital Specialty Finance, Inc.\nPaul Johnson; Analyst; Keefe, Bruyette & Woods, Inc.\nOperator\nGood morning, ladies and gentlemen, and welcome to the Bain Capital. It sorry, Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2023, earnings conference call. (Operator Instructions) I would now like to turn the conference over to Katherine Schneider, Director of Investor Relations. Please go ahead.\nKatherine Schneider\nThank you, Denny. Good morning, everyone. And welcome to the Bain Capital Specialty Finance Fourth Quarter and Year Ended December 31st, 2023 conference call. Yesterday after market closed, we issued our earnings press release and investor presentation of our quarterly and year-end results, a copy of which are available on Bain Capital Specialty Finance's Investor Relations website.Following our remarks today, we will hold a question and answer session for analysts and investors. This call is being webcast and a replay will be available on our website. This call and the webcast are property of Bain Capital, specialty finance and any unauthorized broadcast in any form is strictly prohibited. Any forward-looking statements made today do not guarantee future performance and actual results may differ materially. These statements are based on current management expectations, which include risks and uncertainties which are identified in the Risk Factors section of our Form 10 K that could cause actual results to differ materially from those indicated, Bain Capital Specialty Finance assumes no obligation to update any forward looking statements at this time unless required to do so by law.Lastly, past performance does not guarantee future results. So with that, I'd like to turn the call over to our CEO, Michael Ewald.\nMichael Ewald\nThanks, Kathryn, and good morning to everyone, and thank you for joining us on our earnings call. I'm joined here today by Mike Boyle, our President and our Chief Financial Officer, Amit Joshi.Before we begin, I would like to welcome Amit for those who may not have seen our announcement and it has been appointed as our new Chief Financial Officer effective January first, 2024. He brings a wealth of accounting knowledge, specifically within the private credit and BTC landscapes and has over two decades of finance and accounting experience. We're excited to have him join our management team. And I would be remiss if I didn't thank our predecessor, CFO, Sally Doris for many contributions to the Company over the last eight years. Salary remains in place as a senior leader across the greater Bain Capital platform.Thank you, Sally. In terms of the agenda for the call. I'll start with an overview of our fourth quarter and 2023 full year results and then provide some thoughts on our performance. The overall market environment and our positioning thereafter, Mike and I will discuss our investment portfolio and financial results in greater detail.So first, Yesterday, after market close, we delivered strong fourth quarter and full year 2023 results. Q4 net investment income per share was $0.54, representing an annualized yield on book value of 12.3%. Our net investment income covered our dividend by 129% during the quarter, Q4 earnings per share were $0.48, reflecting an annualized return on book value of 10.9% for the full year 2023 net investment income per share was $2.19, equal to a 12.6% return on equity. This was up $0.6 per share or 38% year over year. Rni covered our dividend by 137% during the year 2023 earnings per share were $1.91, representing a total return on equity of 11.4%. Our annual net earnings continued to exceed our dividend payout for a third consecutive year, demonstrating our consistently strong credit performance. Our results were driven by high-quality interest income earned from our middle market borrowers and stable credit performance across our portfolio during the fourth quarter and throughout the year.Our net asset value ended the year at $17.60 per share, up from $17.54 from the previous quarter and up from $17.29 as of Q4 2022, reflecting the underlying portfolio strength. In addition, total dividends to our shareholders were $1.60 per share for 2023 reflecting a 16% increase from 2020 to dividends. Subsequent to quarter end, our Board declared a first quarter dividend equal to $0.42 per share and payable to record date holders as of March 28th, 2024.As we have highlighted to our shareholders in prior calls, our management team, alongside our Board has been continuously evaluating paying out any additional dividends as we neared year end in recognition of the strength of our 2023 earnings, as demonstrated by the Company's strong net investment income and continued growth in our excess undistributed earnings, our Board has declared additional dividends to shareholders totaling $0.12 per share for 2024. We intend to pay the special dividends and installments of $0.03 per share each quarter throughout the year, together with our declared regular and special dividend, our total dividend payout for the first quarter represents an attractive yield of 10.2% annualized on ending book value at BCSS. current trading levels.Our total Q1 dividend represents an 11.6% annualized yield, and we believe this is a compelling level for investors on both an absolute and relative value basis across the BDC sector over the course of 2023, our middle market borrowers across our diversified portfolio demonstrated resiliency against a macroeconomic backdrop of moderate inflation and stunted economic growth. Corporate fundamentals remain solid with net debt to EBITDA across our borrowers declining to a median net leverage across our portfolio of 4.8 times at year end. The strong credit quality health of our portfolio, as reflected both by the low nonaccrual rate of 1% of the portfolio at fair value and the small number of portfolio companies on our watch list at only 5% of our portfolio at fair value merited a risk rating three or four are lowest ratings.We ended the fourth quarter at a net leverage ratio of 1.02 times at the lower end of our target net leverage ratio of between one and 1.25 times, providing us with ample dry powder to capitalize on new investments in the current environment. While middle market transaction volumes were lower throughout 2023, we believe future transaction growth from new LBO and M&A processes are expected to be higher in 2024 with a clearer macroeconomic outlook and increased clarity on the rate environment. Importantly, while much has been made in the press lately of the return of the broadly syndicated loan market and how it may portend a decline in private credit opportunities going forward.The public markets have never been a player in our core middle-market segment of companies with $25 million to $75 million of EBITDA. And we don't see that dynamic changing in the future and Capital's global and long-standing presence in the middle market positions us well to source new investment opportunities from our broad and deep set of relationships while remaining highly selective. Furthermore, our platform. Incumbency advantage provides us with a sourcing, underwriting and execution hedge as new deal flow volume has slowed over the past year, supporting existing portfolio companies has been an increased source of new investment activity across our platform as we've been providing add-on capital to existing portfolio companies to allow them to grow and execute their business plans.I will now turn the call over to Mike Boyle, our President, to walk through our investment portfolio in greater detail. Mike?\nMike Boyle\nThank you, Mike, and good morning, everyone. I'll start by discussing our investment activity in the fourth quarter and then provide an update in more detail on our portfolio of new fundings during the fourth quarter were $206 million across 43 portfolio companies including $56 million to two new companies, $145 million to 40 existing companies, and $5 million for the ISLP. Sales and repayment activity totaled approximately $308 million, resulting in net funded portfolio decline of $102 million quarter over quarter.For the full year, fundings were $821 million. Total Sales and repayment activity for the year were $924 million. And as a result of this activity, the size of our total portfolio modestly declined 4% year over year, but that leaves us well positioned with ample dry powder for investment opportunities over the course of 2020 for our new investing activities for the fourth quarter and full year were comprised of a mix of fundings to new portfolio companies and existing portfolio companies.During the fourth quarter, fundings to new portfolio companies represented 27% of total versus 73% to existing companies. For the full year, 52% of our investment activity was lending to new portfolio companies with the remaining 48% to existing companies, highlighting the importance of incumbencies in a market with muted LBO volumes. The cornerstone of our investment philosophy is focused on rigorous fundamental due diligence at the industry and company level.During the quarter, we continued to leverage Bain Capital's in-house industry knowledge across our new investments. Our two largest investments this quarter were to companies within industries that are less traffic capital equipment than aerospace and defense. In Q4, we provided a first lien senior secured loan at so for plus 675 and a preferred equity co-investment to AXH. air coolers, a supplier of air-cooled heat exchangers, which are manufactured products that are used to cool gases and liquids. We source this investment from a high-quality sponsor who also knows the niche end market well and has partnered with us on prior investments within the sector.We also provided add-on capital to forward slope, a provider of mission-critical software and surveillance solutions to the to the defense industry. Aerospace and defense is our largest sector exposure and one that we continue to favor in the current environment. Given the noncyclical nature of the demand drivers in this industry. Our add-on investment was structured at the same interest rate as our existing first-lien loan at so for a plus 275 basis pointsTurning to the investment portfolio. At the end of the fourth quarter, the size of our investment portfolio at fair value was approximately $2.3 billion across a highly diversified set of 137 portfolio companies operating across 31 different industries. Our portfolio primarily consists of investments in first-lien senior secured loans, given our focus on downside management and investing at the top of capital structure. As of December 31st, 64% of the investment portfolio at fair value was invested in first-lien debt, 3% in second lien debt, 2% in subordinated debt, 5% in preferred equity, 10% in equity and other interests and 16% across our joint ventures.As we have highlighted to our shareholders and prior earnings call, 96% of the underlying investments held in our joint ventures consist of first lien loans resulting in a look-through first lien exposure of approximately 82% of the overall portfolio. As of December 31st, 2023, the weighted average yield on the investment portfolio at amortized cost in fair value were 13.0% and 13.1% respectively, as compared to 12.9% and 13.1% as of September 30th, 2023, 94% of our debt investments bear interest at a floating rate positioning the Company favorably as interest rates have continued to rise beyond Referenceware floors across our loan portfolio.Moving on to portfolio credit quality trends, fundamentals remained healthy, and we have observed positive credit migration across our portfolio. As Mike highlighted earlier, the median leverage at the attachment point declined to 4.8 times as of December 31, as compared to 5.0 times as of September 30. Over the course of the year, we were pleased to see declining leverage across older vintage companies. It have come back in line with our budgets. During the quarter, we realized the net gain by exiting our investment in black brush oil and gas. This was the 2018 vintage investment was restructured back in 2020, and we were pleased to demonstrate our ability to drive towards a positive outcome for our shareholders by taking ownership of that business.The gross IRR and multiple of money for our investment in BlackRock, oil and gas were 14% and 1.6 times, respectively. At year end, we have a small residual value that we currently back to near term distribution at or near our marks within our internal risk rating scale, we saw modest improvement within our risk rating one and two investments, which indicate that the company is performing in line or better than expectations relative to our original underwrite as of December 31, these investments comprise 95% of our portfolio at fair value relatively unchanged from the prior quarter end.Risk-rating 3 and 4 investments comprise 5% of our portfolio at fair value, consistent with prior quarter-end. Investments on nonaccrual remain low across our portfolio and represented 1.9% and 1.2% of the total investment portfolio at amortized cost and fair value as of December 31, as compared to 1.5% and 1.0%, respectively, as of September 30th.Amit will now provide a more detailed financial review.\nAmit Joshi\nThank you, Mike, and good morning, everyone. I'll start the review of our fourth quarter 2023 results with our income statement. Total investment income was $74.9 million for the three months ended December 31st, 2023, as compared to $72.4 million for the three months ended September 30, 2023. The increase in investment income was primarily driven by increase in dividend and other income. BCSF. continues to benefit from high-quality sources of investment income, largely driven by contractual cash income across its investment. Interest income and dividend income represented 97% of our total investment income in Q4.Total expenses for the fourth quarter were $39 million as compared to 36.1 million for the third quarter. Net investment income for the fourth quarter was $34.9 million, or $0.54 per share as compared to $35.6 million or $0.55 per share for the prior quarter. Net investment income per share for the full year 2023 was $2.19 during the three months ended December 31, 2023, the Company had a net realized and unrealized losses of $3.8 million. Notably, the company had $19 million of net realized gains during the fourth quarter, primarily driven by an exit of our investment in Black Butte U.S. oil and gas. As Mike highlighted earlier, net income for the three months ended December 31, 2023 was $31.1 million or $0.48 per share.Moving over to our balance sheet. As of December 31, our investment portfolio at fair value totaled $2.3 billion and total assets of $2.5 billion. Total net assets were $1.1 billion. As of December 31, 2023, net per share was $17.60 up from $17.54 at the end of Q3, representing a 0.3% increase quarter-over-quarter. The increase in our NAP was primarily driven by over-earning of our dividend. At the end of Q4, our debt to equity ratio was 1.11 times as compared to 1.22 times for the end of Q2. Our net leverage ratio, which represents principal debt outstanding, less cash and uncertainty. It was 1.02 times at the end of Q4 as compared to 1.12 times at the end of Q3.As of December 31, approximately 53% of outstanding debt was in floating rate debt and 47% in fixed rate debt. The company does not have any debt maturities until 2026. And the weighted average maturity across our total debt commitments was 4.3 years on December 31, 2023. Our debt funding continues to benefit from low fixed rate debt sectors, and we access the unsecured market during the period of low interest rates for the three months ended December 31st, 2023.The weighted average interest rate on our debt outstanding was 5.3% as compared to 5.4% as of the prior quarter. Liquidity at quarter end total for $48 million, including three $43 million of undrawn capacity on our revolving credit, facility hundred and $12 million of cash and cash equivalents, including $63 million of restricted cash and liquidity was netted with $7 million of unsettled trade payables, net of receivables and payable of investment.As Mike highlighted earlier, our Board declared a first quarter 2024 dividend equal to $0.42 per share payable on April 30th, 2024. Stockholders of record on March 28, 2024. Given our strong earnings throughout the year. The outgoing dividend paid in 2023 in voting in an increase in our undistributed taxable income or spillover income. We currently estimate that our spillover income totaled approximately $0.87 per share at year-end, reflecting an increase of $0.51 per share from 22 levels. On and currently represent over two times of our quarterly regular debt as a result of company's spillover income expansion throughout the year, our board declared additional dividend totaling $0.12 per share during 2024. This will be paid in four equal quarterly installments, or $0.03 per share alongside our regular debt.First additional dividend of $0.03 per share is payable on April 30th, 2024 to stockholders of record on March 28, 2024, including a $0.42 per share regular quarterly dividend. This brings our total Q1 distribution to $0.45 per share, which equates to an annualized dividend yield of 10.2%. Based on our ending fourth quarter, we will continue to monitor our undistributed earnings against prudent capital management considerations. Overall, we believe having a strong and meaningful amount of undistributed income is beneficial to the stability of our dividend through varying market conditions.With that, I turn the call back over to Mike.\nMichael Ewald\nGreat. Thanks. In closing, we were pleased with the execution of our investment strategy on behalf of our shareholders during the fourth quarter and throughout 2023 we demonstrated attractive levels of investment income earned across our portfolio and strong credit performance across our middle market borrowers. As we look forward into 2024, we believe we are well positioned to capitalize on attractive growth opportunities. We remain committed to delivering value for our shareholders by producing attractive returns on equity, including through our newly announced additional special dividends and thank you for the privilege of managing our shareholders' capital. Jenny, please open the line for questions.\nOperator\nThank you. Ladies and gentlemen. We will now begin the question-and-answer session. If you have a question, please press the star followed by the one on your touchtone phone. You will hear a three-tone prompt acknowledging your request. Questions will be taken in the order received. Should you wish to cancel your request, please press the star followed by the tech field. If you're using a speakerphone, please pick up the handset before pressing any keys. Your first question is from Paul Johnson from KBW. Please ask your question.\nPaul Johnson\nYes. Thank you for taking my questions this morning. And I just kind of wondered just kind of give some maybe higher level. Our commentary on credit obviously looks like come there's two or three and four rated names in the portfolio this quarter. And off from that black brush would have been one of those names, but maybe talk about the movements there as well as just the new nonaccrual this quarter.\nMichael Ewald\nSure. Thanks for the question. As of as we've highlighted, the number has stayed and quite low, particularly our nonaccrual number, representing about 1% of the portfolio. I'd say the nonaccruals we've had have been highly idiosyncratic and across varied industries, right now we have three different names on nonaccrual, clearly expanding from consumer industries to more industrial industries. And I think we have marked all of those positions appropriately probably close to where we think ultimate recoveries are across the portfolio. I think some of the positive migration has been named that and that was COVID era issues that we've seen companies start to perform better.One of the specific companies is actually in an educational travel space that was dealing with a reduction in travel during COVID. But as we've seen the world reopen and the company get back on firm footing, we were able to take that name off of nonaccrual and move that up back to our risk rating three. So it really has been highly idiosyncratic. And I think I'd highlight the fact that 95% of the portfolio is at or above budget really focusing in on the fact that credit credit has been stable in spite of some of these idiosyncratic issues.\nPaul Johnson\nThanks for that, Michael. That's very helpful. And then I guess just kind of looking at the opportunity set globally on where do you kind of weigh, I guess, the best set of opportunities today. I mean, is it Europe is that the United States or somewhere else internationally? What do you how are you kind of looking at the world today?\nMichael Ewald\nI would say today, the relative value across the different geographies is fairly equivalent. As we talked about in the past, for example, in 2021. The US is a little bit overheated. So we focused them on Europe 2022. We'll have it more focused on the U.S. Given some of the geopolitical concerns in Europe. But as we sit here today, I'd say that they're probably relatively equivalent. And the one caveat I would say is that, as Mike highlighted, most of our deal flow. A big chunk of our deal flow in 2023 has been with existing portfolio companies. So there's just been a dearth of new route volume across geographies. So we're happy to take a look at anything in either geography, certainly, Australia, New Zealand as well. And it's just been a little bit more focused on existing portfolio companies. The past year or so.\nPaul Johnson\nGreat. Thanks for the commentary. That's helpful.\nMichael Ewald\nSure. Thanks, Paul.\nOperator\nThank you. And once again, should you have a question, please press star one. There are no further questions at this time. I will now hand the call back to Mike Ewald for closing remarks.\nMichael Ewald\nThanks, Jenny. And again, thanks, everyone, on the phone, not just for your time today. But for your support of BCSS. over the years, we look forward to bringing more news in the upcoming quarters. Thanks very much, Centene's.\nOperator\nLadies and gentlemen, the conference has now ended. Thank you all for joining. You may all disconnect.", "BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.\nU.S. futures were flat and oil prices fell.\nTokyo's Nikkei 225 index fell 0.7% to 38,953.49 after data showed factory output falling in January at the fastest pace since May 2020, although retail sales were stronger than expected.\nHong Kong's Hang Seng surged 0.9% to 16,684.19 and the Shanghai Composite index jumped 1.5% to 3,002.59. The smaller index in Shenzhen was up 2.5% after regulators released new measures to support markets including closer oversight of financial derivatives.\nSouth Korea's Kospi slipped 0.3% to 2,644.43 while the S&P/ASX 200 edged 0.1% higher, to 7,665.50.\nOn Wednesday, the S&P 500 slipped 0.2%, to 5,069.76, continuing its quiet and listless run since setting a record last week. The Dow Jones Industrial Average dipped 0.1% to 38,949.02. The Nasdaq composite sank 0.5%, to 15,947.74, a day after pulling within 0.1% of its record set in 2021.\nTreasury yields also eased in the bond market after a report saidthe U.S. economy likely grew a touch slowerin late 2023 than earlier estimated. The economy continues to defy expectations of a recession despite high interest rates meant to bring down inflation.\nA 1.3% drop for Nvidia and 1.8% slump for Google’s parent company, Alphabet, were two of the heaviest weights on the market. They’re among a small group of Big Tech stocks that have been disproportionately responsible for the S&P 500’s run to records.\nSuch concentration in the market can be a concerning signal, according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. Broad gains among a wide variety of stocks are typically a more favorable sign that the market's strength is sustainable.\nBumble tumbled 14.8% after it reported weaker results for the latest quarter than analysts expected. The dating and friend-making app company, which recently revamped its leadership team, also gave a forecast for revenue this upcoming year that fell short of analysts’ expectations.\nBoston Beer, the company behind Samuel Adams, slid 15.8% after reporting a larger loss than analysts expected. It was hurt by declines for its Truly hard seltzer.\nUrban Outfitters dropped 12.8% after the retailer reported weaker results than expected. The company, which also runs Anthropologie stores, said sales are continuing to weaken at its Urban Outfitters locations.\nHelping to limit the market’s losses was eBay, which rose 7.9% after reporting stronger results than analysts expected. Axon Enterprise, the company that sells Tasers, body cameras and other equipment, also turned in a better-than-expected profit report, and its stock jumped 13.8%.\nCoinbase gained 0.8% after rising more earlier in the day to continue its strong run as bitcoin’s price keeps rallying. New exchange-traded funds that make investing in bitcoin easier have raised interest in the cryptocurrency, with BlackRock’s iShares Bitcoin fund alone quickly growing to $7 billion in assets.\nBitcoin’s price briefly topped $64,000 Wednesday for the first time since 2021. It’s pulling closer to its record of nearly $69,000 after rising more than 40% so far this year.\nCoinbase’s CEO, Brian Armstrong, apologized to customers during the day for issues they encountered because the company was “dealing with a LARGE surge of traffic” as bitcoin’s price soared. The company said some users may have seen a zero balance across their accounts and had errors in buying and selling.\nBeyond Meat surged 30.7% even though it reported much weaker results for the latest quarter than expected. Its revenue was slightly better than forecast after falling less than expected, and it said its profitability will likely increase through 2024.\nAgilent Technologies gained 3.4% for one of the bigger gains in the S&P 500 after beating forecasts for both profit and revenue.\nIn other trading Thursday, U.S. benchmark crude oil gave up 10 cents to $78.44 per barrel in electronic trading on the New York Mercantile Exchange.\nBrent crude, the international standard, shed 9 cents to $82.06 per barrel.\nThe U.S. dollar fell to 149.83 Japanese yen from 150.69 yen. The euro rose to $1.0836 from $1.0834.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", "BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.\nU.S. futures were flat and oil prices fell.\nTokyo's Nikkei 225 index fell 0.7% to 38,953.49 after data showed factory output falling in January at the fastest pace since May 2020, although retail sales were stronger than expected.\nHong Kong's Hang Seng surged 0.9% to 16,684.19 and the Shanghai Composite index jumped 1.5% to 3,002.59. The smaller index in Shenzhen was up 2.5% after regulators released new measures to support markets including closer oversight of financial derivatives.\nSouth Korea's Kospi slipped 0.3% to 2,644.43 while the S&P/ASX 200 edged 0.1% higher, to 7,665.50.\nOn Wednesday, the S&P 500 slipped 0.2%, to 5,069.76, continuing its quiet and listless run since setting a record last week. The Dow Jones Industrial Average dipped 0.1% to 38,949.02. The Nasdaq composite sank 0.5%, to 15,947.74, a day after pulling within 0.1% of its record set in 2021.\nTreasury yields also eased in the bond market after a report saidthe U.S. economy likely grew a touch slowerin late 2023 than earlier estimated. The economy continues to defy expectations of a recession despite high interest rates meant to bring down inflation.\nA 1.3% drop for Nvidia and 1.8% slump for Google’s parent company, Alphabet, were two of the heaviest weights on the market. They’re among a small group of Big Tech stocks that have been disproportionately responsible for the S&P 500’s run to records.\nSuch concentration in the market can be a concerning signal, according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. Broad gains among a wide variety of stocks are typically a more favorable sign that the market's strength is sustainable.\nBumble tumbled 14.8% after it reported weaker results for the latest quarter than analysts expected. The dating and friend-making app company, which recently revamped its leadership team, also gave a forecast for revenue this upcoming year that fell short of analysts’ expectations.\nBoston Beer, the company behind Samuel Adams, slid 15.8% after reporting a larger loss than analysts expected. It was hurt by declines for its Truly hard seltzer.\nUrban Outfitters dropped 12.8% after the retailer reported weaker results than expected. The company, which also runs Anthropologie stores, said sales are continuing to weaken at its Urban Outfitters locations.\nHelping to limit the market’s losses was eBay, which rose 7.9% after reporting stronger results than analysts expected. Axon Enterprise, the company that sells Tasers, body cameras and other equipment, also turned in a better-than-expected profit report, and its stock jumped 13.8%.\nCoinbase gained 0.8% after rising more earlier in the day to continue its strong run as bitcoin’s price keeps rallying. New exchange-traded funds that make investing in bitcoin easier have raised interest in the cryptocurrency, with BlackRock’s iShares Bitcoin fund alone quickly growing to $7 billion in assets.\nBitcoin’s price briefly topped $64,000 Wednesday for the first time since 2021. It’s pulling closer to its record of nearly $69,000 after rising more than 40% so far this year.\nCoinbase’s CEO, Brian Armstrong, apologized to customers during the day for issues they encountered because the company was “dealing with a LARGE surge of traffic” as bitcoin’s price soared. The company said some users may have seen a zero balance across their accounts and had errors in buying and selling.\nBeyond Meat surged 30.7% even though it reported much weaker results for the latest quarter than expected. Its revenue was slightly better than forecast after falling less than expected, and it said its profitability will likely increase through 2024.\nAgilent Technologies gained 3.4% for one of the bigger gains in the S&P 500 after beating forecasts for both profit and revenue.\nIn other trading Thursday, U.S. benchmark crude oil gave up 10 cents to $78.44 per barrel in electronic trading on the New York Mercantile Exchange.\nBrent crude, the international standard, shed 9 cents to $82.06 per barrel.\nThe U.S. dollar fell to 149.83 Japanese yen from 150.69 yen. The euro rose to $1.0836 from $1.0834.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", 'By Kevin Buckland\nTOKYO, Feb 29 (Reuters) - Asian equities were mostly weaker on Thursday, while the dollar and U.S. Treasuries were largely steady ahead of crucial U.S. inflation data that could provide fresh clues on when the Federal Reserve will cut interest rates.\nChinese stocks, though, rebounded from Wednesday\'s sharp decline to keep them on track for their best month since November 2022.\nThe yen gained as a Bank of Japan official hinted at the need to exit ultra-easy monetary stimulus.\nMeanwhile, cryptocurrency bitcoin fluctuated around $61,400 following a three-day, 24% ascent that brought it to a more than two-year peak at $63,933.\nWall Street futures pointed marginally lower, following declines for all three major indexes overnight. S&P 500 futures pointed down 0.04% and Nasdaq futures fell 0.06%.\nInvestors are wary ahead of the release later in the day of the Fed\'s preferred inflation gauge, the personal consumer expenditures (PCE) price index, after dialling back bets for a first rate cut to June. At the start of the year, wagers were on March.\nThursday also sees inflation data from German states, France and Spain, ahead of the euro area\'s figures on Friday.\nJapan\'s Nikkei share average slipped 0.45% as of 0205 GMT, easing back a little further from the record peak reached on Tuesday.\nSouth Korea\'s Kospi declined 0.54%, while Taiwan and Australia benchmarks were flat.\nHowever, mainland Chinese blue chips jumped 0.82%, recovering after a 1.27% slide in the previous session. For the month, they are up 8.3%, looking certain to snap a six-month streak of declines.\nThis month, state-led buying and tighter regulations have been primarily responsible for pulling the index off five-year lows, but expectations for more aggressive stimulus will need to become reality to retain the momentum amid a moribund economy, saddled with listless consumers and a teetering property market.\nNext week\'s annual session of the National People\'s Congress, where the year\'s growth target will be set, and a plan laid out for achieving it, will provide the clearest indications of the government\'s stimulus efforts.\nHong Kong\'s Hang Seng added 0.44%.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan edged 0.06% higher.\nThe U.S. dollar index, which measures the currency against six major peers including the yen, euro and sterling, edged 0.06% lower to 103.86.\nMost of that was driven by a dip against the yen, after BOJ board member Hajime Takata said in a speech that the central bank needs to consider "nimble and flexible responses," including ending policies such as negative interest rates and yield curve control.\nAnalysts and investors have been primarily expecting the BOJ to exit negative rates in April, with a risk of a move in March.\nThe dollar dropped 0.52% to 149.91 yen, falling through the closely watched 150 line for the first time in more than a week.\nThe euro was little changed at $1.0834, and sterling was flat at $1.26635.\nBenchmark U.S. 10-year Treasury yields were stable at around 4.28%.\nBitcoin was 1.5% higher at $61,477, after jumping to the cusp of $64,000 overnight for the first time since November 2021, and bringing the all-time high of $68,999.99 into sight.\n"If this were any other market, it would likely be in the \'blow-off top - don\'t go near that bubble\' category, but bitcoin is back in its parabolic-rally phase, with no immediate signs of a top," said Matt Simpson, senior market analyst at City Index.\nIn commodities, oil prices eased after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure.\nBrent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel. U.S. West Texas Intermediate crude futures were down 30 cents, or 0.4%, to $78.24 a barrel.\n(Reporting by Kevin Buckland; Additional reporting by Ankur Banerjee; Editing by Christian Schmollinger)', 'Bitcoin (BTC)price surged over 10% to a new yearly high of $64,000 on February 28. This impressive rally, which pushed the price up by 50% this month, is largely attributed to investor anticipation surrounding the upcoming supply halving event, historically followed by price increases.\nFurthermore, the steady influx of capital into newly launched spot Bitcoin exchange-traded funds (ETFs) is believed to be fueling this upward trend. However, some technical analysts caution against excessive optimism. They warn that the current market structure and high funding rates across the board indicate extensive leverage use, potentially leading to a correction triggered by forced liquidations.\nShortly after reaching $64,000, a sudden price drop saw Bitcoin plummeting to $58,700. This is likely attributed to a combination of selling pressure at the $64,000 level and the liquidation of leveraged long positions. However, Bitcoin has managed to recover nearly 5% of the lost ground at the time of writing.\nWith Bitcoin currently sitting less than 13% below its all-time high, both retail and institutional investors hold onto the expectation that the record of $68,900 will be surpassed before the supply halving event in approximately 52 days. However, the potential for a correction due to excessive leverage and the uncertain market dynamics necessitate cautious optimism in the near future.', 'Bitcoin (BTC)price surged over 10% to a new yearly high of $64,000 on February 28. This impressive rally, which pushed the price up by 50% this month, is largely attributed to investor anticipation surrounding the upcoming supply halving event, historically followed by price increases.\nFurthermore, the steady influx of capital into newly launched spot Bitcoin exchange-traded funds (ETFs) is believed to be fueling this upward trend. However, some technical analysts caution against excessive optimism. They warn that the current market structure and high funding rates across the board indicate extensive leverage use, potentially leading to a correction triggered by forced liquidations.\nShortly after reaching $64,000, a sudden price drop saw Bitcoin plummeting to $58,700. This is likely attributed to a combination of selling pressure at the $64,000 level and the liquidation of leveraged long positions. However, Bitcoin has managed to recover nearly 5% of the lost ground at the time of writing.\nWith Bitcoin currently sitting less than 13% below its all-time high, both retail and institutional investors hold onto the expectation that the record of $68,900 will be surpassed before the supply halving event in approximately 52 days. However, the potential for a correction due to excessive leverage and the uncertain market dynamics necessitate cautious optimism in the near future.', '(Updated at 0349 GMT)\nBy Tom Westbrook\nSINGAPORE, Feb 29 (Reuters) - The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after comments from Bank of Japan official hinted at the need to exit ultra-easy policies.\nBitcoin remained on the charge having topped $63,000 overnight as it rides a wave of cash rushing to new U.S. bitcoin exchange-traded funds. It is up more than 45% this month, its largest gain since December 2020 and a record high above $69,000 is within sight. It was last at $61,315.\nThe yen has been squeezed because investors see short-term rates near zero in Japan and stubbornly high U.S. and European interest rates - driving selling in the Japanese currency in order to earn better returns almost everywhere else.\nThe yen is down 2% on the dollar in February and 2.7% on the euro - its largest monthly slide on the common currency since last June which has carried it to three-month lows.\nOn Thursday, the yen strengthened 0.60% to 149.77 per dollar after BOJ board member Hajime Takata said the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control.\n"Markets have been dovish in terms of the timing on BOJ move... Takata\'s remarks should add to conviction that an earlier than expected hike at March meeting should not be ruled out," said Christopher Wong, currency strategist at OCBC.\n"With JPY shorts at record high, unwinding of shorts should see JPY bears run for cover."\nThe yen has weakened to 150.68 per dollar earlier in the session, ever closer to October\'s weakest level at 151.74 and very close to prices that prompted government intervention in 2022.\nJapan\'s top currency diplomat Masato Kanda, speaking on the sidelines of the G20 finance leaders meeting in Sao Paulo, reminded traders the government is watching currency moves "with a strong sense of urgency" and stands ready to respond.\nThe New Zealand dollar nursed losses on bets that rate hikes there are finished. It last huddled at $0.6104 having dropped 1.2% on the dollar after the central bank held rates and surprised markets with a downward tweak to its rates Last 60 Days of Bitcoin's Closing Prices: [42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-29 Financial & Commodity Data: - Gold Closing Price: $2045.70 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,219,209,109,650 - Hash Rate: 540324029.7322387 - Transaction Count: 407090.0 - Unique Addresses: 772702.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Bitcoin rallied to a four-week high approaching $45,000 on Thursday amid record highs in U.S. equity indexes. Bitcoin, which fell as low as $42,700 on Wednesday, climbed almost 5% to $44,800, the highest since Jan. 11, according to CoinDesk data.“Technically speaking, bitcoin has broken out of a range and could be looking for a push to a fresh yearly high through $50,000,” said LMAX Digital in a morning note. According to Laurent Kssis, a crypto ETP specialist at CEC Capital: “This pump is driven by leverage, i.e the open interest on BTC contracts has increased by $982 million in less than 24 hours.” Kssis said he remains cautious, and the $40,000 level could be tested over the weekend. “But overall liquidation indicates a further small appreciation for BTC which will break the key 45k support barrier.” Ether also gained, adding 3% to a two-week high after asset managers Ark Invest and 21Sharesamendedtheir joint spot ETH exchange-traded fund (ETF) filing.The CoinDesk 20rose 4%. Spot trading volume across centralized crypto exchangesrosefor the fourth consecutive month in January, climbing to a level last seen in June 2022 as the approval of bitcoin ETFs sparked renewed interest in digital assets.Volume increased 4.45% from December to $1.40 trillion, according to CCData. The price of bitcoin (BTC) surged going into the Jan. 10 ETF approval but mostly fell after that. “The price action following the highly anticipated approval suggests that the sell-off marked the end of an uptrend that had persisted for months,” said CCData. Binance remains the largest cryptocurrency exchange by trading volume, with volume rising 2.73% in January to $473 billion. It holds a market share of 31.3% but did see its spot share gradually decline over 2023 as the company faced an array of charges from regulators that eventually forced founder and CEO Changpeng "CZ" Zhao to step down. There is evidence the Blackrock (BLK) and Fidelity spot bitcoin (BTC) exchange-traded funds (ETFs) already have anadvantageover Grayscale when it comes to certain liquidity metrics linked to market breadth, JPMorgan (JPM) said in a research report Wednesday. Even though outflows from Grayscale’s GBTC slowed in the fourth week following approval by the U.S. Securities and Exchange Commission (SEC), the fund is expected to lose out to the newly created ETFs, and in particular to the Blackrock and Fidelity products, if it doesn't make a meaningful cut to its fees, the report said. Grayscale charges the most among spot bitcoin ETF issuers. It dropped its 2% management fee to 1.5% as part of its conversion to a spot bitcoin ETF, but is still much more expensive than rival offerings. • MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs • Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing • Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Net Flows ($, mm)": "4,945.56", "AUM ($, mm)": "69,412.67", "AUM % Change": "7.12%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "713.04", "AUM ($, mm)": "442,696.24", "AUM % Change": "0.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "520.20", "AUM ($, mm)": "8,069.56", "AUM % Change": "6.45%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "452.46", "AUM ($, mm)": "374,802.78", "AUM % Change": "0.12%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "444.70", "AUM ($, mm)": "413,710.03", "AUM % Change": "0.11%"}, {"Ticker": "EMXC", "Name": "iShares MSCI Emerging Markets ex China ETF", "Net Flows ($, mm)": "387.10", "AUM ($, mm)": "10,872.57", "AUM % Change": "3.56%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "333.04", "AUM ($, mm)": "31,918.28", "AUM % Change": "1.04%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "241.51", "AUM ($, mm)": "48,989.71", "AUM % Change": "0.49%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "240.66", "AUM ($, mm)": "252,623.54", "AUM % Change": "0.10%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "228.08", "AUM ($, mm)": "497,891.21", "AUM % Change": "0.05%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-308.54", "AUM ($, mm)": "16,321.70", "AUM % Change": "-1.89%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-224.63", "AUM ($, mm)": "12,001.62", "AUM % Change": "-1.87%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-205.69", "AUM ($, mm)": "63,372.91", "AUM % Change": "-0.32%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "-186.94", "AUM ($, mm)": "37,032.43", "AUM % Change": "-0.50%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-180.60", "AUM ($, mm)": "10,828.78", "AUM % Change": "-1.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "-176.81", "AUM ($, mm)": "828.05", "AUM % Change": "-21.35%"}, {"Ticker": "PMAR", "Name": "Innovator U.S. Equity Power Buffer ETF - March", "Net Flows ($, mm)": "-168.34", "AUM ($, mm)": "337.59", "AUM % Change": "-49.87%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,353.71", "AUM % Change": "-0.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-155.03", "AUM ($, mm)": "25,792.78", "AUM % Change": "-0.60%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-142.03", "AUM ($, mm)": "20,242.57", "AUM % Change": "-0.70%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-2.89", "AUM ($, mm)": "6,959.56", "% of AUM": "-0.04%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.64", "AUM ($, mm)": "17,293.10", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "-240.01", "AUM ($, mm)": "123,518.90", "% of AUM": "-0.19%"}, {"": "Currency", "Net Flows ($, mm)": "578.06", "AUM ($, mm)": "47,092.11", "% of AUM": "1.23%"}, {"": "International Equity", "Net Flows ($, mm)": "915.95", "AUM ($, mm)": "1,415,926.18", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-19.46", "AUM ($, mm)": "173,262.05", "% of AUM": "-0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "87.26", "AUM ($, mm)": "14,047.84", "% of AUM": "0.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "84.60", "AUM ($, mm)": "88,922.05", "% of AUM": "0.10%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "8,801.25", "AUM ($, mm)": "5,270,400.38", "% of AUM": "0.17%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "706.79", "AUM ($, mm)": "1,361,438.76", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "10,917.19", "AUM ($, mm)": "8,518,860.92", "% of AUM": "0.13%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, March 1 (Reuters) - The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.\nBitcoin\'s blistering rally took a breather and was last at $61,622, near a more than two year high and within range of the record high.\nThe cryptocurrency surged 45% in February, its biggest monthly gain in more than three years, boosted by cash rushing into exchange-traded funds which were approved and launched this year in the United States.\nThe dollar index, which measures the U.S. currency against six rivals, was at 104.11 after a volatile overnight session following the inflation report. The data showed U.S. prices picked up in January in line with expectations, while annual inflation slipped to the lowest in three years.\n"The inflation readings can be noisy month to month," strategists at Commonwealth Bank of Australia said in a note.\n"The data does emphasise the need for the FOMC to be cautious before beginning to normalise interest rates, especially in the current context of a still-tight labour market."\nA string of strong economic data and recent reports showing sticky inflation had led traders to rethink when the Fed will start its easing cycle, with expectations that June is likely to be the starting point.\nMarkets are pricing in a 65% chance of the Fed cutting rates in June, CME FedWatch tool showed, compared with March as the starting point at the beginning of the year.\nTraders are pricing in 82 basis points of cuts this year, closer to the Fed\'s own projection of 75 bps of easing and drastically lower than 150 bps of rate cuts anticipated when the year began.\nU.S. central bankers are looking through recent data showing price pressures rebounded last month, and are focusing instead on overall progress on inflation that they say will likely set the agenda for interest-rate cuts later this year.\n"I expect things are going to be bumpy," Atlanta Federal Reserve Bank President Raphael Bostic said.\nAfter a brief bout of strength on Thursday, the yen was back at 150 per dollar territory it has been rooted to in the past few weeks, leading to worries over possible intervention from the Japanese authorities.\nOn Friday, the yen weakened 0.19% to 150.27 per dollar, having strengthened to as much as 149.21 on Thursday after comments from Bank of Japan official Hajime Takata hinted at the need to exit ultra-easy policies.\nTakata\'s comments stoked expectations that the central bank could end negative rates in March rather than the widely held view of a move in April.\nBut on Friday, BOJ Governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank\'s 2% inflation target and stressed the need to scrutinise more data on the wage outlook.\nThe contrasting comments are likely to keep investors guessing about the next move from the central bank.\nIn other currencies, the euro was up 0.08% at $1.0812, while sterling was last at $1.2625, up 0.02% on the day.\nThe Australian dollar rose 0.08% to $0.65025, while the New Zealand dollar was little changed at $0.6088.\n(Reporting by Ankur Banerjee in Singapore Editing by Shri Navaratnam)', "John Kraft; Head of Strategy & Finance; ACI Worldwide Inc\nThomas Warsop; Chief Executive Officer; ACI Worldwide Inc\nScott Behrens; Chief Financial Officer; ACI Worldwide Inc\nPeter Heckmann; Analyst; D.A. Davidson & Co.\nJeff Cantwell; Analyst; Seaport Global Securities LLC\nOperator\nLadies and gentlemen, thank you for standing by. My name is Cath, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACI Worldwide, Inc. first quarter and full-year ended 2023 financial results. (Operator Instructions)I would now like to turn the conference over to John Kraft. Please go ahead.\nJohn Kraft\nThank you, and good morning, everyone. On today's call, we will discuss the company's fourth-quarter and full-year 2023 results. We will also discuss the financial outlook for the rest of 2024, and we'll take your questions at the end. The slides accompanying this call and webcast can be found at aciworldwide.com under the Investor Relations tab and will remain available after the call.Today's call is subject to Safe Harbor and forward-looking statements like all of our events. You can find the full text of both statements in our presentation deck and earnings release, both of which are available on our website and with the SEC.On this morning's call is Tom Warsop, our President and CEO; and Scott Behrens, our CFO. Before we begin, we wanted to make sure that everyone was aware of our upcoming Analyst Day which will be held in New York City on March 12. Please reach out if you haven't received an invitation.With that, I'll turn the call over to Tom.\nThomas Warsop\nGood morning, and thank you for joining our call. I'm going to start with some high-level thoughts on my first year as CEO, and I'll provide comments about our 2023 performance. I'll finish by reiterating my confidence in our ability to take advantage of strong market opportunities in 2024 and beyond. And then as usual, I'll hand it over to Scott and he'll discuss financial results in more detail and our outlook for 2024 and we'll open the line for questions after that.As you probably know, I've been the CEO first on an interim basis and then since June of last year on a longer-term basis. And during that time, I made it a point to personally visited many customers, partners and fellow ACS team members as possible.In that year.I've met in person more than 70% of our employees and all of our top 10 customers in more than 15 countries across five continents. And following those visits, I'm even more convinced that ACI is a company with world-class solutions, talented employees and a customer base unmatched in the industry. Our market position, combined with the substantial opportunities for expansion and growth in industry with the near continual change puts us in a position to accelerate our growth and help customers achieve and exceed their strategic objectives for in the future.In a moment, I'm going to start with 2023, we had a solid performance. We exited the year strong, and that has set us up to accelerate our growth. This year. We delivered results in line with or above our expectations and with the guidance we provided to you this time last year, we saw strength in our biller segment with revenue growth of 9% and EBITDA growth of 32% in 2023. We went live with the first two of several phases of the implementation of a large new filler customer that we signed in 2022 more phases of that program go live in 2024 and they're on track. We also signed a large new utility customer is on track to go live and begin ramping in the middle of 2024, and we continue to make incremental progress with our interchange improvement program. Our banking segment saw notable strength in cross-sales of our anti-fraud and real-time payment solutions, and those saw revenue growth of 35% and 24%, respectively in 2023. Our anti-fraud solution utilizes artificial intelligence and proprietary access to ACI. generated Big Data to truly lead in the category. So we continue to be excited about our opportunities in real-time payments to illustrate our continued success in this area around the world. We signed up three new central infrastructures in the quarter, including our bank book, the loan approval account that Colombia and the Nepal clearinghouse. We're now supporting nine central infrastructures globally along with more than 25 national and regional real-time payment schemes.And lastly, in our Merchant segment that we had a bit of a slow start to 2023, we exited the year with a strong Q4 rate of growth, and we expect growth to accelerate in 2024. We remain excited about leveraging our best-in-class payments expertise to help our clients offer the Optimal payment choices to their consumers while providing a safe, secure payment processing environment.Our proprietary AI-driven fraud management tools are helping to protect our billers and merchants from fraudulent transactions. Perhaps most importantly, our sales pipeline is strong and growing, and we expect to see particularly strong demand in our banking segment. As I mentioned in our last call, the maturation of real-time payments around the world is driving an intense analysis of payments, technology infrastructures by banks everywhere.When these institutions think about which firms to work with to address this critical need. Aca is virtually always on the list and near the top because of our history, market presence and proven expertise. We are a usual suspects. The fact that many of the largest financial institutions in the world already rely on our proven software means we're the only choice for a lower risk, high reliability modernization, ACOs, reliability and scalability are unquestioned and we are seeing significant demand for our solutions, including our payments hub across the globe.Speaking of our payments hub, we're engineering it to support on-premise cloud and SaaS delivery models, making us a great choice for large and mid tier financial institutions alike, mid-tier or super regional sized customers in the past that often did not have the established infrastructure to take advantage of ACA's, highly reliable and scalable software. Our newer solutions, cloud enablement and SaaS offerings have made this possible. You'll hear more about this at Analyst Day, but I want to reiterate this is a net new opportunity for us. It substantially increases the size of our historic addressable market and it presents an opportunity to bolster our already accelerating growth rate.Our biller segment, we saw a significant turnaround in 2023. We'll see further growth in 2024 as we had a full year benefit of customer go-lives we saw in 2023, as well as the go-lives of additional large customers sold during last year. This revenue growth, combined with continued success in our interchange improvement program, will continue to deliver margin improvement in our Merchant segment, our investments are paying off. We saw Q4 deliver the strongest rate of quarterly growth of the year, and we expect that momentum to carry into 2024. In fact, we signed a significant new customer in the fuel source segment in the first week of the year. A great way to start.Overall, I'm pleased with where we are as a company. We have a strong balance sheet. We have leverage below our long-term target, and we're accelerating our top line as we've long promised for managing our expenses well with a strong team. We have a strategy in place that positions us well to accelerate growth in 2024 and beyond. I'm also happy to announce that today we have appointed two new members to our already strong Board of Directors to Trynka McCallum, who spent many years at SAP software company, Red Hat, most recently as Vice President of customer and product experience at one Bonita, the former President of go fund me and General Manager of Braintree, which is now part of PayPal Trynka and one will provide great support as we expand our SaaS businesses and drive accelerated productivity through more use of generative AI, large learning models and machine learning saying both of them have overseen before before I turn it over to Scott, I want to remind you of our upcoming Analyst Day.As John mentioned, we're hosting an event in New York City on March 12th. We invite you to attend in person or online as we discuss our business segments and exciting global opportunities.With that, I'm going to turn it over to Scott to discuss financials and guidance.Scott?\nScott Behrens\nThanks, Tom.And good morning, everyone. I first plan to go over our financial results for 2023. I'll then provide our outlook for 2024. We'll then open the line for questions. I'll be starting my comments on Slide 4 with key takeaways from the fourth quarter. Q4 2023 revenue was 477 million, up 5% from Q4 2022. And we continue to see solid growth in our underlying recurring revenue, which was up 7% compared to Q4 2022. Adjusted EBITDA was 210 million, up 8% from Q4 2022. Our EBITDA growth contributed to strong cash flow growth in Q4 2023, with cash flow from operating activities of $86 million more than doubled Q4 2022.As we look at the segment results, our paint segment revenue increased 3% and bank segment adjusted EBITDA was up 1% compared to Q4 2020 to our merchant segment, revenue increased 4% and segment adjusted EBITDA increased 2% versus Q4 2022. And during the year, we saw improvement in the segment as expected, with revenue growth accelerating as we exited the year. Our biller segment saw the biggest improvement year over year with revenue increasing 9% and segment adjusted EBITDA increasing 60% versus Q4 2022. The growth in revenue and profitability in the segment is driven by both new customer go-lives as well as notable progress with our interchange improvement program.Turning next to slide 5, with key takeaways for the full year 2023. Revenue for the full year was 1.45 billion, up 5% from 2022. Adjusted EBITDA was $395 million, up 10% from 2022. And cash flow from operating activities was 169 million, up 19% from 20. We ended 2023 with 164 million in cash on hand and total debt outstanding of approximately 1 billion. Our net debt leverage ratio was 2.2 times. That is down from 2.6 times at the beginning of the year and is below our long-term target of 2.5 times. Also of note here in February, we completed the refinancing of our credit facility that was set to expire in April 2025 with a new five year credit facility on substantially the same economic terms as our existing facility, we repurchased approximately 1 million shares for 28 million in Q4 2023 and have further purchased an additional 2 million shares for $62 million so far here in 2024, which in total represents approximately 2.8% of our shares outstanding. And we currently have $110 million remaining on our repurchase authorization during 2024, we expect to continue to deploy a significant portion of our cash flow to share buybacks.And finally, turning to Slide 6. With our outlook for 2024, we expect to accelerate revenue growth to 7% to 9% in 2024, with revenue in a range of 1.547 to 1.576 billion. We expect 2024 adjusted EBITDA to be in a range of 418 to $428 million. And to help with your modeling, you'll find a few additional guidance assumptions on Slide 7. Net interest expense is expected to approximate 50 to 55 million, and depreciation and amortization is expected to approximate 115 to $120 million. Non-cash share-based compensation expense is expected to approximate 30 to $35 million. Our effective tax rate should approximate 25%. And lastly, our diluted share count should be around 108 million, which excludes future share buyback activity. We expect our revenue phasing by quarter to follow our historical seasonality with Q1 2020 for revenue to be in a range of 300 to $310 million and EBITDA to be in a range of 25 to 35 million.So in summary, we're very pleased with the 2023 results, which delivered revenue and EBITDA in the mid to high end of our guidance ranges that we provided to you at this time last year. That strong EBITDA growth and a resulting strong cash flow generation was used in part to pay down debt, resulting in our lowest leverage ratio in five years. And finally, we exited the year strong and see that momentum carrying into 2024 and in particular, the strength we're seeing in the underlying recurring revenue base of the business, which was up 7% in 2023, combined with the visibility and predictability of the license renewals next year. And the maturity of the sales and implementation pipeline sets us up well to deliver our 7.9% growth from 2022 we are pleased that this growth rate is in line with the long-range outlook we provided at our last Analyst Day in 2021 and demonstrates our ability to deliver results and look forward to sharing more about our new long-term outlook at our Investor Day in a couple of weeks.With that, we'll now open up the line for questions.Operator?Operator?\nOperator\n(Operator Instructions) Peter Heckmann, D.A. Davidson.\nPeter Heckmann\nWanted to see if you could give a little bit more color or interpretation on your bookings numbers. As you said, you're getting both ARR. and licenses and services bookings. And and when we look at those certainly down year over year on the ARR side, following a relatively stronger year in 2022, how should we interpret the air bookings and now the license and service bookings in terms of incorporating in that in the model?I mean, historically with the with this that in total bookings, yes.Directionally, that had some value that air bookings had been having a harder time kind of extrapolating that into when did those start to have an impact and how concerned should we be with or with the bill DOWN bookings for the year?\nScott Behrens\nYes. Thanks, Peter. Scott. Yes, we've talked about this now for a number of quarters. The one aspect of the ARR metric is it doesn't really capture the booking success that we have in the base business in the which is predominantly on-prem. And so we've been talking about our license and service sales. We put that we put that into the bookings table this quarter. That is up whether you're looking at the quarter over quarter year over year is up in the 16% to 17% range. And that's really where we've been seeing our success. So it's more of a function of which segment we're seeing success in bookings in 2023. And that's coming from banks really, if you look at banks over the last three years in terms of revenue growth, it's been coming out of coming out of COVID. If you exclude Dragonfly, our digital banking sale revenue, the banks has been really our strongest segment. It's been up 8% to 9% on a constant currency basis. And so we're continuing to see that strong bookings growth in the bank segment in license and services in 23.The only other thing I'd point out is, if you recall in 2022. On the ARR side, we did have our largest our biller deal that we've ever sold was into 2022 comps. So it's in that that sort of deal size did not recur in 2023?\nJohn Kraft\nYes, I think that was the only point I would have. And I'll just reiterate the point Scott just made. So 2022 is a little bit of an anomaly in that way. You mentioned that, Pete, when you signed two of the largest deals we've ever had in the history of that business and those showed up in the 2022 ARR numbers. We did not expect to repeat that in 2023. Of course, we didn't, but total bookings were very strong and we we were very confident in that the guidance that Scott just presented to you.\nPeter Heckmann\nGreat.That's good to hear that. And then in terms of interchange, and you had said in the press release that you do expect a net adjusted EBITDA margins and for the year to expand a bit.\nScott Behrens\nSo would that imply that interchange is maybe going to grow at about the same rate or maybe even a little bit faster than total revenue?I wouldn't necessarily, I would say generally in line with I think we still have some room for improvement there. And obviously, we had a big big improvement between 22 and 23 in terms of all the initiatives that we've put in place. But there's still there's still more to go. So I would say it's in line with or less than the total rate of revenue growth in that in that door segment.\nJohn Kraft\nYes, I mean, I think it's fair to say though, we as Scott said, we had a big improvement in 2023, and we don't have enough room to repeat that. But we do expect to see continued improvement and expansion of margin.\nPeter Heckmann\nOkay. Okay. That's fair. I'll get back in the queue.\nOperator\nJeff Cantwell, Seaport Research.\nJeff Cantwell\nOkay, thanks, guys. Can you talk about the guidance you gave for 2024 and your revenue growth of 7%, which was indicated and explain how you're thinking about revenue growth by segment.\nJohn Kraft\nCan you break that out for us?\nThomas Warsop\nAnd then specifically on your banking segments, what opportunities are you seeing there right now with clients maybe give us some flavor to what we should expect to see there in 2024 and maybe tell us about your pipeline. Thanks.\nScott Behrens\nYes, on the 2020 forecast, I think if you look at relative to 2023 on the the biller segment grew 9% in 2023. But that growth really was a function of, call it, three things, one is just your same-store sales growth. Second is the go-live and ramping up net new client business. And the third piece was the some of the repricing elements of dealing with the interchanges, we had 2022. So you've got to 2024, two of those three elements are still going to be. There may be some repricing on the left, but on a biller should fall back into call it that that's within the 7% to 9% growth rate that we're talking about in terms of total company, the bank business, which is in the last three year, kegger has been about eight plus percent on 2024.Will what kind of look like you'd be back to kind of mean reversion this year was only a couple of two or 3% for next year will will be back within that kind of three year average in that merchant, which was a drag essentially on growth in 2023. And as we talked about exited the year stronger and that that exit rate will carry into next year, we'd expect the merchant business really to be at the high end of our consolidated growth rate. So they're all all line up pretty much within that 7% to 9% growth, but a little bit different dynamics by each segment.\nJohn Kraft\nYes. And then on the I think your question was about banks, the bank segment and opportunities and pipeline. So we're seeing a number of different types of opportunities and it depends on which region of the world you're in, but I'll give you I give you kind of a flavor for it. So in a week, we continue to see price increases as we renew with our existing customers. So those are based on primarily on two things, volumes. So they need to buy more capacity from us than they did the last time and then price increases related to the inflation that has happened between of the last renewal and this one.So that's one driver, but that's that's in our more developed markets and then we look at places like Latin America and Asia. We see we see new opportunities with with financial institutions. And those are many of those are driven by what I mentioned in my comments earlier, the the understanding that real-time payments volumes are coming and that it depends on which country you're in, whether you whether these financial institutions have seen those volumes ramp yet or not, but everyone knows they're coming and they're thinking about how do I make sure that my payments infrastructure can handle that increase of volume because these are to large extent, those real-time payments are cannibalizing cash transactions.And so does a bank and a bank in Latin America doesn't know what they have to do with the cash transaction for that. But as it moves to real-time payments, that changes and they need to make sure they're ready for the for the volume and there they're making sure that they are they're trying to make sure they are and that when that opportunity comes for us to talk to them, they want to continue to take advantage of our proven scalability, reliability and then. So if they don't have it or they're looking to talk to us about it, if they do already have some of our software there, they're asking for our help to make sure the rest of their infrastructure can handle that increased volume. So those are some flavors of it. The pipeline is very strong, it's growing and that dynamic about being ready for the ramp in volume that they know is coming eventually. That's one of the key drivers.\nOkay.\nJohn Kraft\nThat's great.\nThomas Warsop\nAnd my follow-up on that on real-time payments is one of the biggest question really getting inbound about your opportunity is there's so much focus on that now, but my understanding is for your footprint is much broader than that globally. So would you mind. I don't want to preempt your Analyst Day and the answer too much here but today. But would you mind mapping out where you see the most significant opportunities for real-time payments is a very opposite, Asia Lat Am et cetera, or how would you characterize it?\nJohn Kraft\nWell, I don't I'm not trying to be flippant on this, but it's all of the above because where I think you probably know this, but just so we're on the same page, largest real-time payment market today in the world of India. That's the largest by far Brazil and China. Those are the three largest real-time payment markets in the world. And the rest of the world is to some extent playing catch-up. But the European Central Bank has mandated the the availability and support of real-time payments across the Eurozone. So you've got I mean, you have real-time payments in Europe, of course, but that is getting a lot more attention. And then Latin America is is an up and comer outside of Brazil. It's still relatively small volumes with real-time payments, but that's changing. And I mentioned we signed the central bank of Colombia in terms of supporting the their their real-time payments central infrastructure. That's just one example in Latin America. But I think that you will continue to see significant growth in the focus on and volumes of real campaigns in Latin America, but also in Asia and certainly in Europe. So lots of opportunity.You mentioned Fed now, I mean, Fed now still a new thing. It's only a few months in and the Fed has not published specific volumes yet, but we expected them to be pretty small at the beginning and they are above. We're getting new institutions signing on it at an increasing rate. And I don't have the exact number from the Fed in front of me, but the number of institutions has grown a lot since since that started. And what's what's really interesting too, is the clearing is a real-time payments and transactions have benefited from the all the marketing, the Fed's done around that now we are starting to see increased volumes. I think it's going to take continue to take a while before the volumes are extremely large. But again, to me the most interesting thing is the discussions that the anticipation our real-time payment volume increase is generated for us, and that's that's really good for us. It's it puts us in a position to help our customers deal with one of the biggest issues they're wrestling with right now.\nYes.\nScott Behrens\nThe only other thing I'd add to that is just in terms of a metric of our Real-Time Payments solution. Revenue growth in 2023 was 23% over 2022. And very little of the I mean, very little of that, if any right now is coming from Fed now. So there's really no there's not a real contingency on our 2024 outlook or in our longer-term outlook on, you know, A. or we're predicting a tipping point on that. Now specifically, really a lot of our growth historically in the near term is coming from international.\nThomas Warsop\nOkay, great. Appreciate all the color. Thank you.\nOperator\nAnd our next question comes from the line of Charles Eden with Stephens Inc., please go ahead. Your line is open.\nJohn Kraft\nGood morning, guys, and thank you for taking my question. As we think through the model for banking in 24, I was hoping you could comment on the renewal schedule. I think you said in the past that it was it would be a little more evenly distributed relative to 23. And I know Q3 was a big quarter for you had the big renewal there. But anything you could say around the on the cadence as we think through the model for banking would be helpful.Yes.\nScott Behrens\nWhat I would look at just I would phase the bank revenue in your modeling for 24, pretty consistent with 2023. We're always going to have kind of that second half and predominantly fourth quarter renewal timing. So if you model it consistent with 2023 that should set the up well for 20.\nJohn Kraft\nGot it. And on a follow-up, I wanted to drill into the biller segment a little bit and get a sense for what verticals specifically are driving the growth from both the new bookings, same store standpoint?Yes, I don't know that there's a single vertical that that drove it. I think the biggest growth because of the new sales that we've mentioned were the utilities and telecommunications segments. But we've seen we've seen good growth across the verticals that we support, but those would be the two largest.Got it. And if I could sneak one more in on capital allocation. You're in a pretty good spot from a balance sheet standpoint. You had mentioned that you're on the priority is buybacks. However, you do have that flexibility. So I was wondering if you could comment on M&A and if on your appetite towards potential targets that would potentially accelerate your go to market certain areas across your businesses.\nScott Behrens\nAnything you could say there would be helpful or I mean, I think we would always be opportunistic, but obviously in the it's been a number of years since we have done an acquisition, we did make the divestiture of our digital banking business. And in 2022, I would say just the I would look and look at 2024 at this point, very similar to 23. And that the balanced approach of both share buybacks and de-levering is really the the target capital allocation. I would just say I think we'd always be opportunistic if there was something accretive, but the balance this year is targeted to share buyback and and delevering Got it.\nJohn Kraft\nI appreciate all the color.\nOperator\nYour next question comes from the line of Joe Vafi with Canaccord Genuity. Please go ahead. Your line is open.\nJohn Kraft\nGood morning. This is Carlos Annie on for Joe. Thanks for taking our questions. First off, Tom, you touched on our Gemini and large language models in in your remarks. Can you give us some examples of how you're using JNI currently? And what are some near-term opportunities for you there?\nScott Behrens\nAnd I have a follow-up to your.\nJohn Kraft\nSure, three three primary use cases for us with the with Gen and LOMs. So first of all, it's a fraud detection and prevention, which I've mentioned before and through. You've heard a lot about it. We've been using AI for over a decade in our in our fraud detection prevention and solutions. And we have patents and proprietary methods of creating algorithms and training models, and we have excellent product there. And part of the reason is the use of AI and the continued use of AI that's use case number one, use case number two is customer service. And so as an example, we have we have. We haven't completed this for all products, but for some of our products, we have loaded into copilot. We use Microsoft copilot for a secure environment, but we've loaded every piece of documentation we have for for several of our of our products, our solutions, and that includes FAQs, WikiAnswers inquiries from customers and the answer's all of it. And we then trained trained the model and we are now we are now able to get very good productivity from our customer service representatives, the people that handle inquiries about our software products, people that deal with outages or issues that our customers are having, we're able to get them productive in a fraction of the time that it used to take us with longer-term training and ultimately, we're going to make that same kind of knowledge base with the AI on top of it available directly to our customers so that they can get answers to questions faster and it improves the productivity of our team. So that number two, customer service number three, probably predictably for a software company is software developed. And we have we have employed generative AI with our developers and what we've been able to do. So I'll just give you one example. We have several, but here is the one that I find most interesting is we've we have created a way to extract logic from proven software. So some people, call it legacy at band to the use of the word legacy inside of it. But our proven software. We've taken functionality out of it and created micro services. And in a matter of minutes, we create a microservice in a matter of minutes, and we do that by using generative AI. And then we are we include a human in the loop, of course, because AI, you can't just trust the output of a bot. And so we create these microservices. And then we have we have our team, it, tweak them and check validity. So we are getting about 80% roughly accuracy in these microservices, and we're taking that to 100% or as close as possible with with our team members. And so that we're getting a probably overall, we're getting at least 30% productivity improvement by using AI and in the case of these microservices, we're seeing 10 times or more 10 X, not 10% more productivity from our team. So I don't know that we'll get that every time on every every application, but it's a pretty exciting stuff that's allowing us to move very rapidly. So those are the three primary use cases.That's great color. Thanks from And my follow-up is on digital assets. Are you providing any products and services on the crypto side right now? And how are you thinking about this space? If you and if you see any opportunities given some of the recent developments like the spot Bitcoin ETF.\nThomas Warsop\nThank you.\nJohn Kraft\nYes, thanks. I was just before I walked in here, I was watching the ad the the founder of one of the ZTS. talking about the explosion that we've seen. But but to answer your question, so many of our products are perfectly happy to facilitate a transaction in Bitcoin. It doesn't really matter very much to us what the what the medium is, whether it's whether it's dollars or pounds or Bitcoin or central bank digital currency and it doesn't really matter to our applications. And we have absolutely built in the ability to use use crypto where where it makes sense. So we're fine with all of that I don't I wish I was smart enough to tell you what all the impacts of the bitcoin ETFs are. I might not be here right now might be on the beach somewhere, but I don't know. But we're going to obviously continue. We're a very important player in the payments ecosystem. Digital commerce, to a large extent, relies on ACI. We're going to make sure that our products can support whatever medium and mechanisms, consumers and commercial customers want to use.Well, thank you.\nOperator\nAgain, if you would like to ask a question press star, followed by the number one on your touchtone telephone keypad or NetCracker.Next question comes from the line Nigel Sutton with Craig Hallum. Please go ahead. Your line is open.\nJohn Kraft\nYes, this is James on for George. Nice results. So the recurring revenue growth in the bank segment over the last couple of quarters have been pretty encouraging. Could you talk about what's driving the strength there? And then last quarter, you also mentioned moving down market. Could we sort of get an update on those efforts? And then lastly, would you be able to sort of quantify what you think is a sustainable growth rate for the real-time payment solutions over there?\nScott Behrens\nCouple of years?Yes, the Company what's driving on the bank side of recurring revenue, is it really just the maintenance on the license software. And so that is that's both a function of prices. If those had built in CPI. inflationary mechanisms and then just the go-lives of new customers upsides on the maintenance side, but probably the bigger growth year over year in bank recurring revenues come from the SaaS business. And so that's go-lives and ramping of customers that we've sold in in bank SaaS and bank's assets. Not it's not a significant component of the overall bank business, but had nice growth in 2023.\nYes.\nJohn Kraft\nAnd then you asked about mid tier and we have we've been primarily focused on pipeline development for the the mid-tier. We've got a lot of conversations going but that that isn't it hasn't really shown up much yet, but that's a future opportunity. And those conversations I was mentioning earlier about modernization, many of those are with this mid-tier and just to reiterate and remind everybody, when when we talk about mid-tier, we're talking about 50 to 200, USD50 billion in assets. So these are still very large financial institutions. But historically, our sort of sweet spot has been to 50 billion and up the mega banks. And this so we're we call it mid tier, not everybody might call that mid-tier, but it's a little bit smaller. And that's where they are. They tend to be more interested in SaaS and or cloud models than the mega banks. And that's why that the development of those infrastructures and capabilities. And Scott just referenced the growth that we've seen there on that. That's why that is so important and it's it's generating great conversation.Great. Pipeline expansion, and we have signed several of those customers and that's what's driving that growth that Scott was just mentioning.\nScott Behrens\nYes, I would say if I look at the our expectation going forward in terms of what real print growth is going to be, it should be a healthy double digit growth, very similar to our fraud detection software capabilities. I mean, we have those are natural cross-sells to the existing customer base. And as you know, we have blue chip bank customer base that has been with us for a long time. And the natural cross-sell of new products to that same customer base is typically going to be in real-time payments and fraud protection. So both those areas should have healthy double digit growth into the future.\nJohn Kraft\nAnd just final point on that, Scott mentioned natural cross sell absolutely right. And real-time payments and fraud are I mean those things go together extraordinarily well. So we often package the two together. So it's a it's a great, great offering.Great.\nScott Behrens\nCouple of offerings.Great.\nJohn Kraft\nAnd last one for me. Can you just touch on the competitive landscape and biller and merchant and any changes you've seen there just given the momentum you've seen in adding it?\nScott Behrens\nSure.\nJohn Kraft\nSo I wouldn't say that I've seen a lot of change in that. We tend to see some of the same competitors. I think we have to fight the fight. Let me start with biller a very strong year, obviously, last year and biller and some of the wins that we've talked about for one of the reasons that I think we've seen the success is if you think back a couple of years, we were we were still digesting the Speedpay acquisition from Western Union. And we finished that, I don't know and of 21 ish. And so we were able to turn our full attention to running the business and growing it. And that's definitely worked well, and we expect that to continue to work well. So that's why I think that that's the primary driver in biller on the merchant side, again, kind of the same thing, I wouldn't say there's a big change. I think we did have a bit of a slow start, as we mentioned 23 finished the year pretty strong, and we're seeing very good signs that that's going to continue into 24. And so we should see better growth this year. And that has primarily to do with the the business that's already been sold and is ramping up. So very good visibility in that business. And our sweet spot there tends to be the really large little bit like the banking example I get. It tend to be very large global retailers that are looking for consistent experience, very predictable, very positive experience for their consumer, whether it's in the store online, whatever channel the consumer wants to use and it at the minute tends to be globalized. They don't want a bundled solution from an acquirer typically because they can't. There is no acquire that can handle them everywhere. And so they want that consistent experience and we can do that because we are able to work with any acquirer and make that experience at the at the till or online very positive and consistent across the board. So that is our spot target market. We're very good at it and we're continuing to see success.\nOperator\nAnd there are no further questions at this time. Mr. John Kraft, I turn the call over team will.\nJohn Kraft\nThanks, everyone, for joining us today. We appreciate your time.And look forward to catching up in the company coming weeks as well as at our Analyst Day. Have a great day. Thanks, everybody.\nThank you.\nOperator\nThis concludes today conference. You may now disconnect.", "Solana (SOL)reached a 22-month high of $136 this week, afterBitcoin’srally to $64,000boosted the broader cryptocurrency market. Solana's 11% jump over the past 24 hours pushes its price to its highest level since April 2022, marking a 33% increase in just the past week.\nWhile Bitcoin remains the dominant crypto, it's down slightly over the past day. However, it is up 19% in the last week. Ethereum is trading around $3,450, after gaining 16% for the week.\nAmongst the top 10 cryptocurrencies by market capitalization,Dogecointakes the crown, surging 53% to nearly $0.13 this week. This meme coin trend extends to the Solana ecosystem, with Solana-based meme coinBonk (BONK)more than doubling in price over the past week, reaching $0.000025.Dogwifhat (WIF), another dog-themed memecoin, also saw significant gains, jumping 198% this week to $0.9.\nWhile Bitcoin's developments appear to be influencing the market, Solana itself has seen significant growth and renewed optimism in recent months. After dropping to nearly $8 in December 2022 due to the FTX collapse, Solana has rebounded dramatically, rising over 500% in the past year alone.", "Solana (SOL)reached a 22-month high of $136 this week, afterBitcoin’srally to $64,000boosted the broader cryptocurrency market. Solana's 11% jump over the past 24 hours pushes its price to its highest level since April 2022, marking a 33% increase in just the past week.\nWhile Bitcoin remains the dominant crypto, it's down slightly over the past day. However, it is up 19% in the last week. Ethereum is trading around $3,450, after gaining 16% for the week.\nAmongst the top 10 cryptocurrencies by market capitalization,Dogecointakes the crown, surging 53% to nearly $0.13 this week. This meme coin trend extends to the Solana ecosystem, with Solana-based meme coinBonk (BONK)more than doubling in price over the past week, reaching $0.000025.Dogwifhat (WIF), another dog-themed memecoin, also saw significant gains, jumping 198% this week to $0.9.\nWhile Bitcoin's developments appear to be influencing the market, Solana itself has seen significant growth and renewed optimism in recent months. After dropping to nearly $8 in December 2022 due to the FTX collapse, Solana has rebounded dramatically, rising over 500% in the past year alone.", "David Schaeffer; CEO & Chairman & Founder; Cogent Communications Holdings Inc\nTad Weed; Chief Financial Officer; Cogent Communications Inc\nAnton Rinnert; Analyst; Cowen Inc.\nAlex Waters; Analyst; Bank of America Corp.\nWalter Piecyk; Analyst; LightShed Ventures\nNick Del Deo; Analyst; MoffettNathanson LLC\nTim Horan; Analyst; Oppenheimer & Co. Inc.\nMichael Rollins; Analyst; Citigroup Global Markets Holdings Inc.\nBora Lee; Analyst; RBC Capital Markets Corp.\nBrandon Nispel; Analyst; KeyBanc Capital Markets Inc.\nOperator\nGood morning and welcome to the Cogent Communications Holdings Fourth Quarter and Full Year 2023 earnings conference call. As a reminder, this conference call is being recorded, and it will be available for replay at www.cogentco.com. A transcript of the conference call will be posted on Cogent website when it becomes available. Cogent's summary of financial and operational results attached to the press release can be downloaded from the Cogent website.I would now like to turn the call over to Mr. Dave Schaeffer, Chairman and Chief Executive Officer of Cogent Communications Holdings.\nDavid Schaeffer\nYes, hi. Good morning, and welcome to our earnings call for the fourth quarter of 2023 and full year 2023 for Cogent, Chief Executive Officer. With me on this morning's call is Tad Weed, our Chief Financial Officer. Hopefully, you've had a chance to review our earnings press release. The press release includes a number of historical metrics that we've presented on a consistent basis each and every quarter.Now for a quick summary of our results. We closed the acquisition of the Sprint business on May 1, 2023. This transaction significantly expanded our network, o ur customer base, and materially increased the scope and scale of our business.Our annualized revenue run rates are now in excess of $1 billion. We acquired a large number of enterprise customer relationships. These customers are typically larger than our Cogent legacy corporate customer base.We also acquired a significant network comprised of own fiber and own facilities, many of which are being converted to data centers. We acquired network with an appraised value substantially above $1 billion for $1.We are repurposing the acquired fiber network Last 60 Days of Bitcoin's Closing Prices: [44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-01 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,207,530,556,650 - Hash Rate: 608054004.3789 - Transaction Count: 419284.0 - Unique Addresses: 771270.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Tilray Brands Inc.’s diversification into the beer business paid off in the fiscal second quarter, even as the company is poised to start planting vegetables and fruit to monetize some of its unneeded cannabis cultivation space in Quebec. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts IPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel Hunt Chinese Billionaire Is Second-Biggest Foreign Owner of US Land Some alcohol companies have gotten into cannabis to offset the drug’s increasing cannibalization of alcohol among young drinkers. Tilray has done the opposite, acquiring craft beer brands to offset cannabis woes such as ongoing competition from the illicit market, low wholesale prices and an oversaturated Canadian market. Net revenue from the company’s alcohol business increased 117% to $47 million in the second quarter. The growth came after Tilray acquired eight beer brands from Anheuser-Busch InBev NV last August, building on purchases of other craft beers and making it the fifth-largest craft brewer in the US. “We feel there wasn’t a focus on these brands previously, and with us focusing on them, we’ll see great growth opportunities,” Tilray Chief Executive Officer Irwin Simon said in a phone interview. The company plans to make Shock Top, a Belgian-style beer, a national brand in the US, he added. Other acquired brands include Blue Point Brewing Co. and Breckenridge Brewery. Simon said the drinks portfolio also positions Tilray to get into THC beverages if US cannabis laws change. However, if cannabis is rescheduled rather than descheduled — something seen as a more likely scenario — it would mean cannabis is treated like a medicine, and still federally illegal for recreational use. Simon said Tilray could benefit even in that scenario, possibly attracting more institutional investors. The company also has a medical cannabis business. The stock jumped as much as 7.7% in Tuesday premarket trading in New York. Tilray stock fell 15% in 2023, while the Nasdaq Composite index rose 43%. Read More: Constellation Has a Plan to Combat Gen Z’s Slowing Wine Thirst Tilray’s overall quarterly net revenue grew around 34%, more than expected, and it reiterated 2024 guidance. It had earlier announced plans to start growing vegetables in Quebec, where there’s big demand for those agricultural food commodities. Simon said its Quebec facility is ready to start growing strawberries, cucumbers, eggplants — and maybe tomatoes — starting around the middle of this month. Story continues This story was produced with the assistance of Bloomberg Automation. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Can Biden Convince Americans His Brand of Populism Is Better Than Trump’s? Is There Any Hope for Hollywood? Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "3,491.77", "AUM ($, mm)": "500,604.70", "AUM % Change": "0.70%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "696.39", "AUM ($, mm)": "251,983.35", "AUM % Change": "0.28%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "612.10", "AUM ($, mm)": "9,147.06", "AUM % Change": "6.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "508.52", "AUM ($, mm)": "442,511.98", "AUM % Change": "0.11%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "322.63", "AUM ($, mm)": "413,384.34", "AUM % Change": "0.08%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "301.02", "AUM ($, mm)": "32,240.87", "AUM % Change": "0.93%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "294.96", "AUM ($, mm)": "50,271.99", "AUM % Change": "0.59%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "252.74", "AUM ($, mm)": "102,098.30", "AUM % Change": "0.25%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "245.17", "AUM ($, mm)": "6,234.73", "AUM % Change": "3.93%"}, {"Ticker": "TNA", "Name": "Direxion Daily Small Cap Bull 3x Shares", "Net Flows ($, mm)": "245.07", "AUM ($, mm)": "2,415.92", "AUM % Change": "10.14%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-562.72", "AUM ($, mm)": "15,748.51", "AUM % Change": "-3.57%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-222.22", "AUM ($, mm)": "11,650.44", "AUM % Change": "-1.91%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-216.40", "AUM ($, mm)": "26,431.07", "AUM % Change": "-0.82%"}, {"Ticker": "XLB", "Name": "Materials Select Sector SPDR Fund", "Net Flows ($, mm)": "-208.55", "AUM ($, mm)": "4,859.42", "AUM % Change": "-4.29%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-169.40", "AUM ($, mm)": "53,756.49", "AUM % Change": "-0.32%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,197.02", "AUM % Change": "-0.47%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-151.34", "AUM ($, mm)": "45,768.45", "AUM % Change": "-0.33%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-114.56", "AUM ($, mm)": "16,662.60", "AUM % Change": "-0.69%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-114.34", "AUM ($, mm)": "25,702.81", "AUM % Change": "-0.44%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-114.05", "AUM ($, mm)": "25,083.65", "AUM % Change": "-0.45%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "22.24", "AUM ($, mm)": "6,971.88", "% of AUM": "0.32%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "46.50", "AUM ($, mm)": "17,326.30", "% of AUM": "0.27%"}, {"": "Commodities", "Net Flows ($, mm)": "-298.00", "AUM ($, mm)": "122,898.36", "% of AUM": "-0.24%"}, {"": "Currency", "Net Flows ($, mm)": "680.31", "AUM ($, mm)": "50,272.98", "% of AUM": "1.35%"}, {"": "International Equity", "Net Flows ($, mm)": "340.62", "AUM ($, mm)": "1,406,756.56", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "79.40", "AUM ($, mm)": "173,512.01", "% of AUM": "0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-136.19", "AUM ($, mm)": "13,979.11", "% of AUM": "-0.97%"}, {"": "Leveraged", "Net Flows ($, mm)": "584.46", "AUM ($, mm)": "88,805.06", "% of AUM": "0.66%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,014.99", "AUM ($, mm)": "5,267,330.84", "% of AUM": "0.13%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "870.61", "AUM ($, mm)": "1,364,702.68", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "9,204.93", "AUM ($, mm)": "8,512,555.78", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Worldcoin is an ambitious project led by Sam Altman and OpenAI. The futuristic project is using eye-scanning technology to verify identities, and uses blockchain technology to store and process data. With backing from Microsoft, many are hoping to see a large-scale roll out of the project. However, recent news about a lawsuit between OpenAI and Elon Musk may dampen those hopes.\nMusk is a serial entrepreneur, currently serving as the CEO of Tesla among other duties. However, he was a co-founder of OpenAI back in 2015 with current OpenAI CEO Sam Altman. Musk has since gone to start his own AI company, called xAI, and has shown some opposition to OpenAI since.\nDon\'t Miss:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe lawsuit is in regards to alleged contractual agreements between Musk and Altman made in 2015 surrounding the future of the company. In particular, Musk believes that OpenAI has abandoned its goal to "benefit humanity", and is instead heavily focused on profits.\nMusk claims that OpenAI went to great lengths to keep GPT-4, OpenAI\'s strongest generative AI yet, a "complete secret". Additionally, OpenAI charges for use of GPT-4, having users purchase a $20/month subscription in order to access it.\nThe exact monetary amount in the lawsuit is still unknown, but it is likely a sizable amount, given OpenAI\'s extreme growth as well as the size of its main backer, Microsoft.\nAll of this news has negatively impacted Worldcoin, which has essentially served as a crypto-proxy for investing in OpenAI and Sam Altman.\nOvernight, the price of Worldcoin (WLD) fell nearly 15%, going from $8.38 to a low of $7.20. While the price did recover a bit and is currently trading around the $8 level, the news certainly caused some to sell.\nWhile the lawsuit is certainly a roadblock for OpenAI, the company, along with Worldcoin, have performed extremely well over the past month. In February, OpenAI showcased itsgenerative video AI, called Sora. The technology was highly anticipated and was shown much sooner than most experts expected. In fact, the news caused WLD to spike more than 200% in a matter of days.\nSo, the current downturn from the lawsuit is very small compared to the massive run up that WLD has had in the past weeks, potentially showing how bullish investors are on the promising technology. However, the lawsuit was just filed, so details are sparse. As more information comes out, WLD will likely adjust accordingly.\nRead Next:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 25% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleWorldcoin Falls as Elon Musk Sues Sam Altman, OpenAIoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• US stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq to an intraday record.\n• Investors also parsed new Fedspeak from several central bank speakers throughout the day\n• "I don\'t want to have to raise rates again," Atlant Fed President Raphael Bostic said.\nUS stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq up to a record high and helped the S&P 500 close above 5,100 for the first time ever.\nThe tech-focused Nasdaq Composite rose 1.14% on Friday, continuing its ascent after closing last month at its first record high since 2021. The rally has been powered by the ongoing AI euphoria that has pushed stocks like Nvidia up 70% so far this year. On Friday, shares of Dell Technologiesrocketed 31% higherto an all-time high as investors cheered its latest earnings, which included a positive AI-related business update.\nInvestors also sifted through a slew of comments from Fed officials on Friday to gauge where interest rates could be headed this year.\nAtlanta Fed president Raphael Bostic said he would like to wait for inflation to sink low enough that the Fed can avoid reversing course and switching back to rate hikes after rate cuts.\n"I don\'t want to have to raise rates again," he said. "It will probably be longer before inflation gets back to our 2% target. I am willing to wait."\nAlso on the inflation front, Fed Governor Adriana Kugler said that she was "cautiously optimistic" about continued disinflation taking place alongside a resilient labor market.\nMeanwhile, yields on the two-year note slipped 10.8 basis points to 4.53% after Fed governor Christopher Waller said he would like the Fed to boost its share of short-term bonds.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,137.09, up 0.8%\n• Dow Jones Industrial Average:39,087.38, up 0.23% (+90.99 points)\n• Nasdaq Composite:16,274.94, up 1.14%\nHere\'s what else is going on:\n• The"debt debasement" trade is ramping upas the US adds $1 trillion to the national debt every 100 days, Bank of America says.\n• China is the only major economydealing with deflation.\n• These are10 reasons the Fed won\'t cut rates in 2024, according to a chief economist.\n• Eli Lillystock will surge 29% over the next yearwith its weight-loss drug on pace to do $60 billion in sales by 2030, BofA says.\n• The US housing market is slowly thawing, but91% of homes are still overvalued, Fitch says.\n• "Pig-butchering" scams have netted criminals$75 billion in stolen crypto, study says.\n• These are three reasons the stock market is in a "Goldilocks" scenario.\n• Why the productivity gains from AIwon\'t be able to prevent a recession.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 2% to $79.80 a barrel.Brent crude, the international benchmark, was up 1.8% to $83.40 a barrel.\n• Goldedged up 1.85% to $2,092.80 per ounce.\n• The10-year Treasury yielddropped six basis points to 4.184%.\n• Bitcoinclimbed 0.77% to $62,597.75.\nRead the original article onBusiness Insider', 'Cryptocurrencies are on fire in 2024. Since the year began, Bitcoin\'s price has surged from $45,000 to more than $60,000.\nIf you\'re a big fan ofcryptocurrencies, buying them directly is a reasonable action. But there are ways to diversify your exposure while still betting big on their growth.\nInvesting inBlock(NYSE: SQ)stock, for example, is arguably one of the best ways to profit from the growth of crypto.\nBlock is all in on cryptocurrencies like Bitcoin. The company, formerly known as Square, officially changed its name to Block in 2021 to reflect its commitment to blockchain technologies.\nThis name change was a long time coming. For years, the company had spent millions building cryptocurrency features into its payment networks. In 2020, the company invested $50 million directly into Bitcoin, roughly 1% of its total assets. "Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company\'s purpose," the company explained at the time .\nToday, buying stock in Block is a strong bet on the rising adoption of cryptocurrencies like Bitcoin. The company\'s Cash App, for example, currently has more than 40 million users, millions of whom have used the app to buy, sell, and transact in cryptocurrencies as well as conventional currencies .\nIn the fourth quarter of 2023, Block generated $5.8 billion in revenue, up 24% from the year before. The biggest growth driver was Bitcoin revenue, which totaled $2.5 billion. Without Bitcoin revenue, the company\'s sales increased by just 15% year over year .\nWhat exactly does Bitcoin revenue include? The term captures the total amount of Bitcoin sold to customers. This is not a very profitable business right now as Block\'s costs must first cover the initial Bitcoin purchase, but the figures signal the company\'s future.\nThrough its Cash App and other properties, Block wants to become a central hub for everything crypto. It not only wants to become a trusted Bitcoin seller, for example, but also a lender and enabler of blockchain technologies in general. That\'s why Block is funding several initiatives like Spiral, which builds open-source Bitcoin projects, and TBD, an open-developer platform that makes it easier to build with Bitcoin.\nEven Block\'s ownership of Tidal, the music streaming service, is a bet on Bitcoin. The creator economy is now deeply entrenched within the internet economy. And as Block Chief Executive Officer Jack Dorsey once explained, the "internet requires a currency native to itself, and in looking at the entire ecosystem of technologies to fill this role, it\'s clear that Bitcoin is currently the only candidate."\nBlock stock should be viewed as a long-term bet on the rise of cryptocurrencies. But there is reason to believe that right now provides an exceptional entry point.\nFor years, Block was priced as an expensive growth stock. On a price-to-sales basis, shares regularly traded at a multiple between 5 and 15. After a steep decline, however, shares now trade at just 2.2 times sales.\nSQdata byYCharts.\nWhy did Block\'s stock price decline so much in 2022?\nAlthough the company continued to post impressive growth numbers, Bitcoin\'s price fell precipitously, casting doubt on the company\'s long-term vision. Additionally, the company posted several quarters of huge losses, some totaling more than $200 million.\nLast September, founder Jack Dorsey rejoined the company as chief executive officer, promising to trim expenses and return the company to profitable growth. His promises have achieved early success. In 2023, the company posted $10 million in net income. That\'s not very impressive until you compare it to 2022\'s net loss of $541 million .\nIt will take time for Block\'s ultimate vision to be realized, but it appears to have the technology, vision, and management in place to benefit from the long-term rise of cryptocurrencies. The current depressed valuation may not last for long.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nRyan Vanzohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block. The Motley Fool has adisclosure policy.\nLove Cryptocurrency? This Growth Stock Is a No-Brainer in 2024was originally published by The Motley Fool', '• This week\'s "tremendous" gains of meme coins such as DOGE, SHIB, BONK, PEPE and dogwifhat (WIF) may be an early sign of an alt season, K33 Research said.\n• Ether (ETH) breaking above $3,500 could confirm the start of altcoins outperforming bitcoin, Swissblock said.\nBitcoin {{BTC}}, the largest and oldest cryptocurrency, has been leading the digital asset rally of late, but there are early signs of a so-called "altcoin season" impending, when smaller tokens are outperforming, analysts said.\nBTC is already near its all-time high set in 2021, hitting $64,000 this week alongside strong inflows into spot bitcoin ETFs. It\'s gained 48% since the start of the year, while the broad-market CoinDesk 20 Index (CD20) was up 33% during the same period, highlighting the underperforming altcoin sector.\nThis could soon change, though, K33 Research analysts said in a Friday market report.\n"Judging by history, altcoins will start outperforming about the time we are now," K33 wrote. The report noted that bitcoin\'s market cap has doubled relative to the total value of all cryptocurrencies except BTC and ether {{ETH}} since the November 2022 market bottom. The setup, say the analysts, is similar to that of late 2020 before altcoins started to catch up to BTC\'s run.\nThis week\'s "tremendous" meme coin rally might be a "possible early sign" of the impending altcoin season, they added.\nRead more:Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts\nPopular dog-themed tokens dogecoin {{DOGE}} and shiba inu {{SHIB}} booked 40%-50% gains this week, while newer entrants like pepe coin {{PEPE}} bonk {{BONK}} and dogwifhat (WIF) doubled or more in price during the same period.\nHowever, the report pointed out that timing the altcoin season is a "risky sport," as the bitcoin ETFs have altered the crypto investment landscape, and there\'s no guarantee that the money flowing to bitcoin will eventually trickle down to smaller assets. "There is enough risk appetite to send a select few alts on big runs, but we have yet to see a new wave of retail entering the altcoin arena to create the rising tide that lifts all boats," said K33.\nSwissblock analysts said in a Friday market update that "signs point to an imminent alt season."\nAccording to a chart shared on Telegram, the median return of altcoins versus bitcoin appears to be reaching a bottom, and could turn soon, lifting altcoin prices relative to BTC.\nThe key signal to look for to confirm the start of a period of altcoin outperformance is ETH\'s clearing the $3,500 price threshold, Swissblock said.', 'Volume of futures tracking meme coins continued to rise massively on Saturday as bets against non-serious tokens lost a cumulative $50 million in the past 24 hours, a sign of irrational exuberance.\nData fromCoinglass shows shorts, or bets against, on dogecoin, shiba inu, pepe, floki and bonk saw over $50 million in liquidations in the past 24 hours, contributing to price surge among these tokens.\nLiquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin. It happens when a trader is unable to meet the margin requirements for a leveraged position (fails to have sufficient funds to keep the trade open).\nPepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs. WIF, the dog-themed token on Solana that was issued in November was up as much as 80% to become one of the first prominent meme tokens to cross the $1 price mark.\nMeme coinsstarted to come into focuslast week as proxy bets on the growth of whichever blockchains these tokens are based on. Ethereum-based dogecoin (DOGE), shiba inu (SHIB), pepe (PEPE) and floki (FLOKI) have captured most of the meme trading volume on that network, while bonk (BONK) and dogwifhat (WIF) have acted as Solana proxies.\nBullish bets on DOGE set a record on Thursday with $1 billion in opened positions. Nearly 70% of those betting were longs, or on the continued growth of the tokens. DOGE prices are up more than 50% since CoinDesk first reported the peak volumes.\nOpen interest in PEPE, SHIB, BONK and FLOKI has similarly grown multifold to a cumulative $1.5 billion in the past few days,Coinglass datashows. A rise in futures bets indicates new money entering the market.\nMeanwhile, theCoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, jumped nearly 5%.\nMeme tokens are usually considered to have no intrinsic value but are quickly gaining favor among traders.\nSome, like the Avalanche Foundation, a non-profit that maintains the Avalanche blockchain, have even started to invest in meme tokens built on the network in recognition of the online culture and memetic value that such tokens can drive among investors.\nMarket observers say meme coins are also a profitable, albeit risky, way to gain from ecosystem growth.\n“While meme tokens have been out of the narrative, they often pump following blue chip rallies, and traders reposition from ETH and BTC to altcoins,” Nick Ruck, COO of ContentFi Labs, told CoinDesk in a Telegram message last week.', 'WithBitcoin(CRYPTO: BTC)soaring in price, analysts and traders are now ratcheting up their predictions for just how much higher this crypto could go. While some of these predictions sound like pie-in-the-sky wishful thinking -- such as claims thatBitcoinwill skyrocket in value to $1 million in a matter of weeks -- there are actually some predictions that are much more grounded in reality.\nTake, for example, the recent prediction from Fidelity Investments that Bitcoin could soon gain another $500 billion in market cap. Given Bitcoin\'s recent price of $50,000 and $1 trillion market cap, that would imply that Bitcoin could soon skyrocket in value to $75,000 and a $1.5 trillion market cap. That would be just enough to push Bitcoin past its all-time-high of $69,000. So is Fidelity right?\nFidelity Investments\' valuation forecast is based primarily on a single observation: Bitcoin is increasingly taking over from gold as a store of value and a hedge against inflation for many investors. This makes sense on a certain level, given that Bitcoin has long been referred to as "digital gold." As a result, analysts have often used the size of the gold market as a reference frame for just how valuable Bitcoin might become in the future.\nIt\'s hard to imagine a future in which Bitcoin replaces gold entirely, of course, but Fidelity now thinks that Bitcoin could account for 25% of the monetary gold market, which is defined as the gold held by central banks, large financial institutions, and governments. Quite simply, instead of buying gold as a hedge against future economic uncertainty, these institutions will soon be buying Bitcoin. Given that the size of the monetary gold market is approximately $6 trillion, that shift in strategy could drive a massive amount of new buying in Bitcoin.\nOn the surface, the 25% figure sounds outlandish. It\'s hard to imagine Federal Reserve chief Jerome Powell arguing the merits of Bitcoin over gold, or huge Wall Street institutions going all-in on Bitcoin as a store of value. But you might be surprised by what the current numbers tell us.\nFor example, if you buy into the argument that Bitcoin is "digital gold," all you have to do is compare Bitcoin\'s current valuation to the valuation of the monetary gold market. This will give you an approximate idea of Bitcoin\'s current market share. And guess what? Bitcoin\'s current valuation of $1.2 trillion is almost exactly 20% of the $6 trillion monetary gold figure used by Fidelity. So ramping up that 20% figure to 25% doesn\'t sound all that implausible.\nIn addition, if you stress-test the Fidelity assumptions against those used by other Wall Street institutions, they actually seem a bit conservative. In 2022, for example,Goldman Sachspredicted that Bitcoin would eventually account for 50% of the monetary gold market, giving Bitcoin a nice round price of $100,000. And in its 2023 "Big Ideas" report, Ark Invest used a 20% market share in its bear case scenario, 40% in its base case scenario, and 50% in its bull case scenario.\nThe more you play around with the numbers, in fact, the higher the true valuation for Bitcoin would appear to be. Keep in mind that the idea that Bitcoin could gain another $500 billion in market cap is based primarily on the "digital gold" argument. It does not take into account the newspot Bitcoin ETFinflows or the upcoming Bitcoin halving. And it does not take into account Bitcoin\'s growing role in the global economy. Once you add in all these factors, the future valuation of Bitcoin seems nearly unlimited.\nBut just one caveat here: It\'s easy to fall into the trap of thinking that Bitcoin is worth more than it really is. For example, during the last crypto bull market cycle, Fidelity Investments famously predicted that a single Bitcoin would be worth $1 billion by the year 2038. So be careful about the numbers and assumptions that you use.\nThat said, it\'s hard not to be bullish on Bitcoin right now. Now that the big Wall Street institutions are backing Bitcoin and creating new investment products for it, the future potential of this crypto appears to be sky-high.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Goldman Sachs Group. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars Another $500 Billion in Value, According to Fidelity Investmentswas originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices: [44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-02 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,216,935,034,875 - Hash Rate: 500960510.1218159 - Transaction Count: 339311.0 - Unique Addresses: 623680.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Ankur Banerjee SINGAPORE, Jan 10 (Reuters) - The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy, while bitcoin was volatile after a fake social media post rattled markets. The U.S. securities regulator said someone briefly accessed its X social media account and posted a fake message saying it had approved exchange traded funds (ETFs) for bitcoin. The Securities and Exchange Commission (SEC) said it had not yet approved spot bitcoin ETFs. Bitcoin surged to a fresh 21-month peak of $47,897 after the fake post, before sliding down to below $45,000 within minutes as the SEC deleted and disavowed the information. The world's biggest cryptocurrency was last down 0.5% at $45,897. Anticipation of a positive SEC decision on ETFs, which is likely to draw billions in new investments, has boosted bitcoin prices in the past two months. "The reality is most who have followed the saga have moved on and the green light from the SEC is fully priced," said Chris Weston, head of research at Pepperstone. Weston said the market was focused on when the various ETFs would start to trade, how many bitcoins would be held by the end of the year and the dollar value of inflows over that time. In the currency market, the dollar remained on the front foot, with the dollar index, which measures the U.S. currency against six rivals, last at 102.53, after gaining 0.215% on Tuesday. The index is up 1% this month, after dropping 2% in December as traders reassess how steep and early the rate cuts from the Fed are likely to be. The Fed's surprising dovish tilt in December, when it projected 75 basis points (bps) of rate cuts in 2024, turbo-charged market expectations of easing with traders last month anticipating as much as 160 bps of cuts. Markets have since reassessed the chances and currently are pricing in 140 bps of cuts this year. Traders are focused on the release of the U.S. consumer price index report on Thursday to help predict the likelihood of a March rate cut. The report is expected to show headline inflation rose 0.2% in the month and by 3.2% on an annual basis. Fed funds futures indicate a 64% probability of the Fed easing in March versus 80% a week earlier, the CME FedWatch tool showed. Joseph Capurso, head of international and sustainable economics at Commonwealth Bank of Australia, said May was more likely to be the start of a U.S. rate cut cycle because the labour market is tight and inflation remains above the Fed's 2% target. A reassessment of the predicted start of the rate cut cycle could support the U.S. dollar in the coming months, he said. In other currencies, the euro was down 0.05% to $1.0926, while sterling was last at $1.2709, up 0.03% on the day. The Japanese yen weakened 0.19% to 144.74 per dollar. The Australian dollar rose 0.16% to $0.669. Australia's inflation slowed to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further. The New Zealand dollar eased 0.02% to $0.624. (Reporting by Ankur Banerjee in Singapore; Editing by Jamie Freed)... - Reddit Posts (Sample): [['u/pressonacott', 'Correlation with bitcoin', 34, '2024-03-02 00:01', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', "I'm curious if/when bitcoin drops, meme stocks rally again like January and AMC runup like may 20th-june 2nd 2021. \n\nIf this happens, then you will see that there is a need for liquidity to sell off and run meme stocks up like what happened in the past. This is possibly due to ftd, shorts balancing the books, and let buying pressure sizzle out since they have been holding back in dark pools. ", 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', '1b48frk', [['u/Wanksters_Paradise', 10, '2024-03-02 00:27', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksxdoe5/', 'I feel you. What I’m about to say is pure speculation only. I also hold some BTC and have for a while. \n\nThat said, I’ve suspected that crypto will be hit hard when liquidations begin / there’s a major financial event that forces the closure of short positions . \n\nMy fear is that the crypto sell-off proceeds will be used to cover a lot of the short positions out there, even more so if some institutions own it on leverage. Same can be said about some of the magnificent 7.\n\nThis could be further exasperated if the same institutions short them from the top (BTC through ETF?) and use that money towards settling open transactions too.\n\nIf they effectively own a combined 10,000,000 BTC with leverage, that’s $600B right there. \n\nWouldn’t be surprised if the media covers it by talking about a crackdown on “unregulated crypto”, FTX, painting it in a bad light etc. \n\nNote that I’m not talking bad about crypto. I see the utility and believe in it long term, owning several myself. I have no idea what will happen, the above is pure speculation.', '1b48frk'], ['u/YogurtclosetAny8510', 13, '2024-03-02 05:47', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksymbpv/', 'Agreed. \n\nThis btc run up after reading the DD is the fomo institutions are creating to get a hold of liquidity for their shenanigans against AMC and GME among other naked shorted stocks. \n\nMOASS is inbound!\n\nWe are currently living in The Big Short 2.0!!\n\nBank insolvency in near.', '1b48frk']]], ['u/possys2', "Why isn't bitcoin price having more media coverage?", 14, '2024-03-02 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', "So I'm down the pub having a few beers with a mate, who I haven't seen for 6 months. \nI show him the price of bitcoin, he says fucking hell, I didn't know it was that high, I've not seen/heard anything about it.\n\nIs main stream media hiding this to the public? Or does it need to break the ATH before its news again? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', '1b4901q', [['u/Time-Indication-1337', 25, '2024-03-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxechr/', 'I’d say another ATH will give them something to harp on about. But the price being as it is without much media coverage just makes me more bullish.', '1b4901q'], ['u/theprincessofwhales', 11, '2024-03-02 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxguh4/', 'I think mainstream media doesn\'t necessarily hide bitcoin news, but they certainly enjoy debating and mocking it. Pretty much anytime mainstream media talks btc or crypto it\'s presented in this light of "I don\'t get it hehehe! So confusing! But look at it go!". This week on CNBC they asked during the btc news bit, if the halving was something out of the Bible. \n\nIt\'s pathetic but on purpose how MSM chooses to frame their conversations surrounding bitcoin.', '1b4901q'], ['u/Sunnyjim333', 17, '2024-03-02 00:57', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxia5h/', 'If the average populace learned what a fiat based economy really is, there would be riots.', '1b4901q'], ['u/DanNotTheMann', 19, '2024-03-02 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxs235/', "I'd prefer no media coverage so we have more time to accumulate before mass FOMO breaks out and causes the price to go parabolic", '1b4901q']]], ['u/gen66', "In case you still haven't realized, the ALT season officially started today, and now everyone can feel like a genius investor.", 798, '2024-03-02 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', "As BTC all time high is imminent at this point, even before the halving, the alt season calmly started 12 hours ago. 15-20 stagnant alts that I have been watching for an eternity gained 15-20% like it's nothing. Even the worst most scummy projects I know jumped like crazy(except XRP ofc, this thing is dead). The season of the green dildos is open, everyone is a genius, it's very difficult to make a mistake. You can realize your mistake only once the market settles and the alts starts going back down along with a few rug pulls. \nIf you catch yourself thinking, oh man, if I put a few hundred bucks here last week, I would have doubled now! Oh!! If I put my salary in these 3 AI shitcoins 15 days ago, I would have tripled!!! Yep, that's it, alts are jumping on the back of papa BTC. Enjoy. \n\n\n", 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', '1b49ade', [['u/Gunnxo', 356, '2024-03-02 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxfokn/', 'This is nothing yet sir', '1b49ade'], ['u/gen66', 88, '2024-03-02 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxgdc5/', 'Indeed, it just started.', '1b49ade'], ['u/Tonijran', 94, '2024-03-02 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxis6p/', 'ETH ETFs will kick off the true Alt rally. \n(In my personal opinion, but I don’t know shit about duck)', '1b49ade'], ['u/flo-089', 18, '2024-03-02 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxj8ay/', 'which one to buy?', '1b49ade'], ['u/Parush9', 132, '2024-03-02 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxjm5x/', 'Just random meme’s and shit coins are popping up here and there . We are still way far from Alt season picking up .', '1b49ade'], ['u/Legitimate_Suit_3431', 67, '2024-03-02 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxkqet/', 'The winning ones', '1b49ade'], ['u/swordluk', 39, '2024-03-02 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxktfa/', "it's like boiling the water.. first you see some small bubbles rising.. then out of sudden.. 😁", '1b49ade'], ['u/CoffeeVikings', 77, '2024-03-02 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxlhbh/', 'Just saw ADA is up 15% to .75 cents now. Exciting times ahead', '1b49ade'], ['u/Logvin', 171, '2024-03-02 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxmzz0/', '“Officially”\n\nShit did I miss the CEO of Altcoin’s announcement!?', '1b49ade'], ['u/duckyTheFirst', 97, '2024-03-02 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxo7m2/', 'I still think were gonna crash really hard before we see a raise in 4-5 months after the halving... omg is this what being a bear is like? Am i a bear!?', '1b49ade'], ['u/Comfortable-Bread249', 420, '2024-03-02 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxpbax/', 'Tell that to my stagnant MATIC bag', '1b49ade'], ['u/BenniBoom707', 212, '2024-03-02 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqs5l/', 'When I’m seeing Doge and Shib start pumping I know the hysteria is starting to kick in….\n\nBONK up 124% in a week!! The Solana Shitcoin is going bonkers', '1b49ade'], ['u/yamaha4fun', 248, '2024-03-02 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqxee/', 'cries in LRC', '1b49ade'], ['u/MrAccountant213', 22, '2024-03-02 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxr93d/', 'His press conference was great', '1b49ade'], ['u/Cirewess', 64, '2024-03-02 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs2iq/', 'I don\'t even hold XRP and it gets me every time the absolute XRP hate and critiques. literally the only blockchain to spend 100\'s of millions of dollars to defend crypto from an over stepping agency (and defend themselves of course) and no one bats an eye... no ATH in 5 years because a lawsuit was dropped literally December of 2020, whats that like 3 months before everything sky rocketed and it still when to almost $2 with a lawsuit and hasn\'t left the top 10 in how long? oh right it\'s certainly "dead" as one of the biggest market caps in all of crypto...', '1b49ade'], ['u/alander4', 17, '2024-03-02 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs9nd/', 'Well if it’s a true alt season it won’t matter what you buy. Everything pumps!', '1b49ade'], ['u/ilu-lu', 31, '2024-03-02 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsgz3/', 'Fet is winning', '1b49ade'], ['u/jwz9904', 49, '2024-03-02 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsrx7/', 'a BTC pullback and your alt season will be postponed.', '1b49ade'], ['u/nikitsolo', 111, '2024-03-02 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsy79/', 'If LRC is reaching its previous ATH I am ordering a Pizza for a Homeless. Mark my Words', '1b49ade'], ['u/yamaha4fun', 42, '2024-03-02 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxt77n/', 'Ok, sign me up too. I will buy 10 pizzas and distribute them if and when this ever happens.', '1b49ade'], ['u/Natedawg316', 37, '2024-03-02 02:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxtmmc/', 'Haters gonna hate, but everyone should buy some xrp just for this fact. If not for xrp spanking the s.e.c, where would we be? Same as shitting on coinbase. They have the balls and the bankroll to fight back. Most etfs are held on coinbase. Shit is bananners.', '1b49ade'], ['u/SoftPenguins', 12, '2024-03-02 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxuw6d/', '(Insert my favorite altcoin thats my biggest bag) will out perform BTC this year. It does 100 bajillion transactions a second and more decentralized than BTC. Also has the best community and tokenomics.', '1b49ade'], ['u/tideswithme', 11, '2024-03-02 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvg9n/', 'Their pov : If everyone’s in it, no one’s getting scam', '1b49ade'], ['u/United-Blackberry-77', 539, '2024-03-02 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvmg6/', "My usdt is still at the same exact price I bought it at, what's up with that huh", '1b49ade'], ['u/Upvote_Me_Slag', 13, '2024-03-02 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvt66/', "Based on? We have ETFs for Bitcoin now. The inflows are huge. They're not selling to buy alts! This time it is demonstrably different.", '1b49ade'], ['u/NightKnight_CZ', 28, '2024-03-02 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvyp2/', 'Meanwhile Litecoin getting it second and nuking back into top #3', '1b49ade'], ['u/Ephinem', 55, '2024-03-02 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxw0si/', 'You think this is alt season ? Lol', '1b49ade'], ['u/9htranger', 37, '2024-03-02 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwbtk/', 'The worst part about bull runs is the childish shit posts.', '1b49ade'], ['u/thistimelineisweird', 11, '2024-03-02 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwf3n/', 'Here before a lot of people lose a boat load of money in shitcoins, again. (And again.)', '1b49ade'], ['u/spartikle', 24, '2024-03-02 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwi33/', 'OP’s gonna cash out at the first bear trap', '1b49ade'], ['u/catthatmeows2times', 38, '2024-03-02 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxx24u/', 'Im a big bag holder and really dont think it will reach it again\n\nAs far ss i can tell, it only got so high cause of the gme craze\n\nPls proof me wrong', '1b49ade'], ['u/-Resident-One-', 13, '2024-03-02 02:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxy29g/', 'You guys have stagnant or red bags at this point???', '1b49ade'], ['u/Cirewess', 11, '2024-03-02 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxy78v/', 'how does it happen with no regulation....? oh right. Bank of America already came out and said they would utilize XRP once the case is done and over.', '1b49ade'], ['u/AugustusClaximus', 64, '2024-03-02 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxyajp/', 'The moment I’ve been waiting for, the moment I exit my shitcoins and never look back. \n\nTo the rest of you, I am not invested in a shitcoin it’s actually has solid fundamentals and is an Ethereum killer please buy today', '1b49ade'], ['u/FriedDickMan', 29, '2024-03-02 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxygh8/', 'All in on Banano \n\nThe peoples potassium', '1b49ade'], ['u/BenniBoom707', 43, '2024-03-02 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxzwld/', 'I think the memes have become stabilized because so many bag holders bought in either at the bottom or top. Once you have a degenerate fan base ready to HODL until Zero, you can pretty much only go up from there….', '1b49ade'], ['u/brisnatmo', 49, '2024-03-02 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxzyxj/', 'DOT anyone?', '1b49ade'], ['u/catthatmeows2times', 18, '2024-03-02 03:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy15g7/', 'You see that biiig spike in looprings chart some years ago\n\nThats when gme squeezed and then announced some partnership with loopring, cause of that loads of people bought loopring, it went from under 1 buck to like 4 in some hours or days, never felt such adrenalin and i didnt even sell\n\n\nMoney is a bitch', '1b49ade'], ['u/straylight_2022', 48, '2024-03-02 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy1s90/', "I had the good fortune to get into Shiba Inu early in 2021 and jump out before the bear market moved in. \n\nI've kept a bag's worth of my original summer 2021 investment as tribute. It has languished for years, but this week is suddenly one happy dogo. \n\nDo it again puppy! Do it again!", '1b49ade'], ['u/Sanguinius', 14, '2024-03-02 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy215y/', 'XRP always pumps last. Did in 2017, did in 2020/21 (just before the SEC dropped the lawsuit however....)', '1b49ade'], ['u/NoKarmaNoDrama', 30, '2024-03-02 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy3pia/', 'Buy ADA!', '1b49ade'], ['u/McGradyForThree', 11, '2024-03-02 03:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy467h/', 'I think you have your timelines mixed up. The gme short squeeze happened late feb to early march 2021. Loopring was trending downwards then. LRC shot up late october and peaked mid November 2021.', '1b49ade'], ['u/Outrageous-Leopard23', 40, '2024-03-02 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4iqg/', 'Same- except I put $45 in Shib, then it became $18k, then I put that 18k in algo and it became $200. Math.', '1b49ade'], ['u/LilKarmaKitty', 33, '2024-03-02 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4pl7/', 'Please buy it! My ADA bags are still so freakin heavy!', '1b49ade'], ['u/GreenStretch', 30, '2024-03-02 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4yic/', 'Stop trying to mat FET happen.', '1b49ade'], ['u/WhipMaDickBacknforth', 12, '2024-03-02 03:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy5o8c/', "Whales buying millions of $WIF and I'm only just hearing about it now \n\nfml\n\nshit's gone up even more than pepe this week: 322%", '1b49ade'], ['u/GreenStretch', 86, '2024-03-02 03:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy5r3z/', 'Still better than UST.', '1b49ade'], ['u/plasmalightwave', 24, '2024-03-02 03:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy7vff/', 'Yeah so frustrated with MATIC', '1b49ade'], ['u/plasmalightwave', 16, '2024-03-02 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy80fw/', 'Wouldn’t it be better to hold those shitcoins until mid next year?', '1b49ade'], ['u/NoKarmaNoDrama', 23, '2024-03-02 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy86pl/', "Just hold! You'll be laughing soon.", '1b49ade'], ['u/randalljhen', 34, '2024-03-02 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy8wlq/', 'There was no short squeeze. The GME spike was a gamma ramp.', '1b49ade'], ['u/Rusty_Charm', 23, '2024-03-02 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy9ary/', 'This is actually true. The communities that form around meme coins make the XRP army or Link Marines look pretty moderate.', '1b49ade'], ['u/Significant_Poem_540', 15, '2024-03-02 04:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksybdy8/', 'Shhh dont tell them', '1b49ade'], ['u/ixidorsDreams', 36, '2024-03-02 04:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyd5fk/', 'Why hate? This sub is constantly pumping Shitcoins and talking up Moons, but see a project succeed and hate?\xa0\n\nKeep it coming honestly, it hasn’t hurt ADA even a bit. Hell, short it if you’re so fuckin confident.', '1b49ade'], ['u/whatsuppaa', 15, '2024-03-02 04:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyduv6/', 'Well the trendy ones seems to be gaming and AI, so RNDR, TAO, imutableX, the "Chainlink competitor" Axelar also seems hot. Another one is Kaspa, the thing is, i don\'t know how good the chain is, but new projects that have "heat" always perform well their first bullrun, take Solana and Cardano for instance.', '1b49ade'], ['u/Rusty_Charm', 11, '2024-03-02 04:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyfw1w/', 'And look at how well memes are doing and now ask yourself if you think the majority of people who buy crypto care about the tech.', '1b49ade'], ['u/invalid404', 10, '2024-03-02 04:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyfy59/', 'OK', '1b49ade'], ['u/veryAverageCactus', 17, '2024-03-02 04:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksygon2/', 'Hope so, also holding Ada bags 🥹', '1b49ade'], ['u/poluting', 15, '2024-03-02 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhao3/', 'What are yall complaining about? Im up 20% on matic and got in late.', '1b49ade'], ['u/AdministrativeNews39', 24, '2024-03-02 05:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhlyd/', 'ALT season happens at the end of a bull run. I really hope we haven’t reached alt season yet.', '1b49ade'], ['u/IamMarcJacobs', 38, '2024-03-02 05:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhnfb/', 'Their L2 wallet is dope', '1b49ade'], ['u/tianavitoli', 15, '2024-03-02 05:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhudp/', "that's cuz this isn't finance, it's space travel\n\nit's moonijuana time", '1b49ade'], ['u/preciouscode96', 12, '2024-03-02 05:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyiuxp/', 'And my ATOM bag ..', '1b49ade'], ['u/2x4skin', 29, '2024-03-02 05:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyjput/', 'Maaaan. Wtf is up with DOT? I feel like that and ATOM are undervalued (meaning I’m holding and need that shit to go up lol)', '1b49ade'], ['u/Scallion-External', 13, '2024-03-02 05:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksymaou/', 'Sure and dogwifhat up 4x on the week', '1b49ade'], ['u/GoodguyGastly', 24, '2024-03-02 06:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyp0gu/', 'Yeah really. Their wallet is clean.', '1b49ade'], ['u/Npr31', 10, '2024-03-02 07:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyxp9j/', 'I thought you’d just made up the name of a random coin there tbh', '1b49ade'], ['u/eijiryuzaki', 19, '2024-03-02 07:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyz4l3/', 'Except XRP.', '1b49ade'], ['u/Covetoast', 17, '2024-03-02 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyzzwk/', 'Probably so, however imo I think the crashes moving forward will be much softer than before because of the sheer ETF inflow volume.', '1b49ade'], ['u/catthatmeows2times', 19, '2024-03-02 08:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksz4pdd/', 'Extremely\n\n\nWhenever possible,i use it for crypto\n\nSpecially the recovery option are great', '1b49ade'], ['u/SaltedSnail85', 21, '2024-03-02 09:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksz653b/', 'The actual product they make is really fkn good. The loopring wallet started as an amazing wallet and has only gotten better and better over the last 3 years. Once taiko launches and we see account abstraction its even better. As a long time bag holder (bought before the pamp thankgod) I think gme was the absolute worst thing to happen to loopring', '1b49ade'], ['u/shakingspheres', 20, '2024-03-02 10:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszbwvf/', "2-digit gains on everything for days and days. It rains money and you think it's gonna last forever so you never take gains and one day poof, everything crashes 20-30% as the euphoria turns into confusion, regret, a little rage and then some resignation. Alt season is when euphoria hits max, right now we're happy with the gains but a little on edge because it's kind of early for a new ATH (according to people who treat the halving like religion).", '1b49ade'], ['u/SirAlexanderFerguson', 12, '2024-03-02 10:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszcb3x/', 'It already happened, its about a 10x', '1b49ade'], ['u/lucasbb', 16, '2024-03-02 10:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszdzbe/', 'This is too true.. This was me new year 2017 high on mdma checking my portfolio seing 100x gains thinking I\'ll retire 50 years too early. 8 days later the crash begins and poor greedy me thinks "oh I can\'t sell now, must wait till it\'s back up high" only for it to keep crashing. Well well I did manage to keep enough money to backpack for a year. This time it\'ll be different though. Just kidding, I\'ll do the same again for sure.', '1b49ade'], ['u/Rand-Omperson', 15, '2024-03-02 11:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszhlmt/', 'don‘t remind me. It‘s where I stored my profits for ants.', '1b49ade'], ['u/Rand-Omperson', 10, '2024-03-02 11:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszhrs3/', 'it has a use case.', '1b49ade'], ['u/kaptinchow', 13, '2024-03-02 13:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksztgum/', "Nice, now my bag is only half it's original value", '1b49ade']]], ['u/J3wficer', '10% return 🤠👍🏼', 17, '2024-03-02 00:40', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/', 'I had about .34 btc in my IBA and today I was disrespected by being informed I could withdraw a whopping .033 btc. At this point just take it all, what an absolute insult.\n\nLike I really do get if I had you know…17.4 btc stored in an IBA, like yeah you’re getting a haircut, but good god some of us just had little fractions in there. What a joke.\n\nNow me personally, I’m lucky. I never gamble with money I can’t lose and the subsequent btc buys I’ve made have already compensated for my losses due to recent growth. Still, I pound sand on behalf of all the folks who lost their savings in this bullshit. It is truly not fair. It’s one thing to gamble on a stock and have it crash. It’s another to have your money stored somewhere that was owned by a business that was owned by another business whose owner was a psychopath. The whole system is trash. Burn it ', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/', '1b49dua', [['u/Puzzleheaded-Art1436', 15, '2024-03-02 01:30', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/ksxnd0t/', 'I just want Zac Prince and SBF to be cellmates giving each other perpetual hemorrhoids and gonorrhea for the next 25 years.', '1b49dua'], ['u/arcanition', 11, '2024-03-02 03:53', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/ksy83lf/', 'Both are actually similar percentage of your respective amounts.\n\n* 0.033 BTC recovery out of 0.34 BTC = 9%\n* 0.47 BTC recovery out of 5 BTC = 9%\n\nand\n\n* 0.34 BTC @ $16,200 -> Claim of $5,508\n* 5 BTC @ $16,200 -> Claim of $80,000\n\n* 27.4% distribution of $5,508 = $1,509 / $45,824 -> 0.033 BTC distribution\n* 27.4% distribution of $80,000 = $21,920 / $45,824 -> 0.47 BTC distribution', '1b49dua']]], ['u/electriccars', "Stop fretting about being too late. Stack as much as you can as fast as you can. It's never too late.", 78, '2024-03-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/', 'I\'m convinced Bitcoin is following the power law model, and will go up forever.\n\n"Bitcoin has no top because fiat has no bottom."\n\nA little perspective for y\'all.\n\nAssuming a modest $60k a year of equivalent spending power would mean financial freedom for you, and assuming the power law holds true, here\'s the dates different amounts of BTC will return financial freedom if you only live on 50% of the averaged annual gains starting in that year, never running out.\n\n1 BTC 2030\n\n0.5 BTC 2033\n\n0.25 BTC 2037\n\n0.1 BTC 2043\n\n0.05 BTC 2049\n\nPlan for the future and good luck y\'all! Stack as much as you can!', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/', '1b49f6k', [['u/Traditional-Bed-6369', 11, '2024-03-02 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/ksy4at9/', "You're telling me if I just hold a .1 starting now and continue delivering pizzas and cutting grass that in 20 years I'll retire?", '1b49f6k'], ['u/btc_marshmallow_test', 10, '2024-03-02 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/ksymvev/', "In 20 years the block reward will be 0.09765625, a lot more Bitcoin will be lost, and we only THINK we're getting started with wall street money but this won't even look like a speck by then. And you'll be there in 2044 with 1.024x the block reward. Today that is equivalent to 6.4 BTC ≈ US$398,553 but we aren't moving on a linear scale.\n\nIn the last 10 years I'm up 12,200% against USD, cost basis $500. When people say we're still early it means the opportunity for newcomers to see massive percent gains is there. It's on a different scale but they're not gonna stop printing dollars. \n\nHodl can be hard, but zoom out and look at the epochs. Understand the absolute scarcity vs. the BRRRRRRRRR. Stack what you can but don't ruin your standard of living or relationships, you can be frugal where you want. I haven't bought in 10 years and I used to worry that I should have been DCAing but now there's so little impact I could make to my stack when only 0.8% was my money to start.\n\nYou can do it too if you're patient enough", '1b49f6k']]], ['u/Mr_Pink_Buscemi', 'Paying off the house is staring me in the face. ', 399, '2024-03-02 01:06', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/', 'I can sell about 75% of my stack in Bitcoin to pay off the mortgage. However, if I do pay it off, then I can live a life closer to hyperbitcoinization. That means instead of DCA-ing $10-20 a day, it’s going to be at very least 10x ing it when mortgage free. \n\nShould I do it? ', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/', '1b4a029', [['u/SnooPeripherals2249', 67, '2024-03-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxk7qv/', 'Pay off the house 10000%. You won’t regret it.', '1b4a029'], ['u/Technical_Hearing59', 35, '2024-03-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxk8a9/', '100% pay off the mortgage. Everyone can attempt to predict the price of the btc, but at the end of the day it can fall as fast as it rises.', '1b4a029'], ['u/AppleSalty2916', 11, '2024-03-02 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxkrlz/', 'Absolutely get rid of the mortgage', '1b4a029'], ['u/Signal_Conference447', 65, '2024-03-02 01:17', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxlcu5/', 'Far too little information to make an informed decision. \n\nAs with most things in life, the answer is probably somewhere in the middle. \n\nPay off a bit, keep a bit.', '1b4a029'], ['u/Mr_Pink_Buscemi', 16, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmho5/', 'Did with my first one thanks to Bitcoin a few years back! Getting the itch to do the second one.', '1b4a029'], ['u/Mr_Pink_Buscemi', 20, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmj14/', 'Yep, dollar cost selling has come into consideration.', '1b4a029'], ['u/-StupidKid-', 241, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmlde/', 'Imma be devils advocate and say do your best to hang on until summer 2025. Halving is just around the corner..', '1b4a029'], ['u/rsa121717', 26, '2024-03-02 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmv8y/', 'Can someone please explain why the mortgage is a better idea? I have never owned a house, so Im a little unfamiliar. Is it not reasonable to expect bitcoins rate of change to outpace their mortgage rate?', '1b4a029'], ['u/Nichoros_Strategy', 42, '2024-03-02 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxn3vs/', 'Money is shit, peace of mind is all.', '1b4a029'], ['u/Itchy-File-8205', 13, '2024-03-02 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxnepb/', "I'd say don't sell. Sacrifice your quality of life for another cycle and you'll be greatly rewarded.", '1b4a029'], ['u/LakeZombie09', 24, '2024-03-02 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxo4vt/', 'I used Bitcoin to be mortgage free in a lake mansion at 26 years old. Over the past 8 years I have been completely free with my money and time. Don’t want to work, don’t. Make a bunch of money, invest it all. Having no debt is ultimate flexibility and from my experience it has paid out a ton. I went super heavy stock and crypto. Have returned a lot.', '1b4a029'], ['u/meagherj', 47, '2024-03-02 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxppnn/', 'Not having a mortgage payment gets you immediate financial freedom. Bird in the hand and all that.', '1b4a029'], ['u/satoshisfeverdream', 11, '2024-03-02 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxq1uh/', 'I mean I think it’s a terrible idea but da fuck do I know.', '1b4a029'], ['u/P_e_a_s_h_o_o_t_e_r', 50, '2024-03-02 01:49', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxq3ew/', 'Depends on the interest rate you have. I would probably keep the bitcoin.', '1b4a029'], ['u/DatBuridansAss', 927, '2024-03-02 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxqa96/', "Here's an interesting compromise. Sell enough BTC to cover the next 6-12 mortgage payments. Leave the rest in Bitcoin. That way if it moons you can still get most of the upside, but if it retraces you aren't kicking yourself too bad.", '1b4a029'], ['u/TheInfinityOfThought', 124, '2024-03-02 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxrhq4/', 'Pay off the mortgage. Saying this as someone who used all their BTC to buy their first home. I don’t regret the decision at all. All the BTC in the world is pointless unless you use it.', '1b4a029'], ['u/arc_oobleck', 24, '2024-03-02 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxv9k5/', 'Having no mortgage seems incredibly valuable to me.', '1b4a029'], ['u/AberdeenWashington', 34, '2024-03-02 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxwjjp/', 'Yea, wait it out, see what happens, you’d be selling only to be able to restack quickly. It likely wouldn’t accelerate your stacking because it’ll miss on any upcoming gains. If you believe we’re near a top that’s the only reason to sell for the mortgage. If you have huge gains, take a little and toss it at some debt but if it’s low interest debt what do you really stand to gain?', '1b4a029'], ['u/NoResult486', 12, '2024-03-02 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxx17t/', 'Yeah, get two birds stoned at once Bubbles.', '1b4a029'], ['u/NoResult486', 244, '2024-03-02 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxxclz/', 'Probably the best advice as far as a middle ground.', '1b4a029'], ['u/HaitR2', 70, '2024-03-02 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxxnqt/', "So beautiful to hear instead of that never sell crap.\nSince BTC is another asset class, let's use it as such and use profits from it to improve our way/quality of lige", '1b4a029'], ['u/TurdPounder69', 15, '2024-03-02 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy159/', 'He’d be a guy still jerking off in an apartment with some Bitcoin. Take the lake and the boat and the ladies.', '1b4a029'], ['u/cohortq', 16, '2024-03-02 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy2q3/', 'A Bird in hand is worth 2 in the bush', '1b4a029'], ['u/flop_plop', 20, '2024-03-02 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy3xh/', 'Yeah, your property isn’t as volatile and you HAVE to pay it. Bitcoin is super volatile and you’re not going to have legal troubles if you have less of it. \n\nYou won’t be homeless if you have less Bitcoin. You will be homeless if you can’t pay your mortgage.', '1b4a029'], ['u/am-i-a-peepee', 13, '2024-03-02 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy2l75/', 'Well if its like last time…\n\nTops were 1 year after the halving (65k) or 1 year and 6 months (69k), lows in summer (32k)\n\nBefore that…\n\n1 year 6 months, summer is 5 months too early (2k vs 20k)\n\nBefore that…\n\n1 year (1.2k), summer is too late (0.6k)\n\nSoooo…\n\nIdfk good luck lol', '1b4a029'], ['u/YoungBassGasm', 21, '2024-03-02 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy4a58/', "I mean you should do what you think is best for you. IMO, I wouldn't. Unless you are literally about to lose your house and are behind on your mortgage, then selling now right before the halving and real bull run would make you regret it. The capital gains taxes are to be taken into account too. Why liquidate 75% of your stack now and pay taxes on it, when you can wait a year or so and only have to liquidate like 10% of your stack.\n\nI sold my BTC back in 2017 to pay off my student loans just to miss out on $300,000 if I'd had held for 6 months longer. I could have not only paid off my loans, but also bought a house in cash. I still regret it. I could have been so much further along financially. I still don't have a damn house and chances look slimmer by the day. It's one thing when you are selling when the real bull run happens after the having, but to sell before the halving on an expense that you don't immediately need to take care of is going to bite really hard. I say this as someone who still heavily regrets the decision I made 7 years ago. \n\nAgain, your choice. But I'm just letting you know what probably will happen. Everyone saying it's different or that we can't bank on the halving also hasn't been in it since 2013. We watch this shit happen every time and the same newer traders try to say it's different, just for it to not be different.", '1b4a029'], ['u/Dblstandard', 51, '2024-03-02 03:30', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy4t6g/', "For real. To sell it now would be silly. We haven't even passed the havening yet. Not to mention next cycle.", '1b4a029'], ['u/DatBuridansAss', 19, '2024-03-02 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy5gjt/', "I speak from experience. I sold 8btc in October of 2016, which was about 3 months post halving, to help with the down payment on a house. I think Bitcoin was trading at around 6-800 at the time. Possibly even over 1000, so it felt good. I had been stacking since 2014. Anyway I had no idea about the halving, which goes to show proof of work is real. If you don't put the work in to understand Bitcoin, you won't have the conviction to hold it long term. Anyone who has successfully held for a decade or more has the Proof of Work to have earned that stack. I understood the big picture but never even read the white paper. Sad.", '1b4a029'], ['u/Mr_Pink_Buscemi', 34, '2024-03-02 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy6jh3/', 'Yep I’ve considered dollar cost selling.', '1b4a029'], ['u/FairBlamer', 19, '2024-03-02 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy7kjz/', 'If this is a fixed rate mortgage, then it makes zero mathematical sense to pay off your mortgage with your bitcoin stack if you don’t need to.\n\nThink of it this way: future dollars are worth less than current dollars. Therefore paying off fixed rate debt in whole up front is more expensive than paying it off slowly over a long period of time.\n\nMeanwhile, future bitcoin is worth more than current bitcoin. Therefore selling bitcoin in bulk now is more punitive than selling it gradually over a long period of time.', '1b4a029'], ['u/AMAROK300', 12, '2024-03-02 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy9big/', 'I have NEVER and will NEVER see advice this phenomenal again on Reddit this is a gem 😂', '1b4a029'], ['u/Charming_Jury_8688', 10, '2024-03-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyffb4/', "Honestly some interest rates are so low its not worth paying off.\n\nWe're towards the end of the business cycle, and any crisis will be met with more money printing. \n\nWhat happens when the mortgage at 2k has the purchasing power of 1k? \n\nWhile fiat is devaluing, it's also devaluing debt.\n\nI wish I never paid off my student loans, because 38k in 2015 is much different than 38k in 2024.", '1b4a029'], ['u/penty', 30, '2024-03-02 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksygscb/', 'IDK but this comment reminded me of this :\n\nhttps://xkcd.com/2898/', '1b4a029'], ['u/DatBuridansAss', 13, '2024-03-02 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyh81g/', "It doesn't. And that money sitting in some lame account for 6-12 months isn't doing much, and if Bitcoin does moon during that time, you've left a huge amount of capital on the sidelines not benefitting. So I'm not sure I would go this route either. Just saying OP doesn't have to choose either paying off the entire house or hodling 100%. Depending on how much BTC he has, he said paying off the house entirely would leave him 25% of his stack. Assuming a 400,000 house with a remaining balance of 200k, maybe OP has 5btc and paying off his 2nd house would still leave him with 1.25btc. sounds reasonable, but then again his mortgage is 5%, which is way less than the rate of monetary inflation, especially looking forward to the next 25 years, when inflation will likely run hot for a lot of that time. Probably best to find a way to service the loan over time and leave your stack alone, assuming you aren't stressing about it every month. OP says he will be able to 10x his DCA rate if he isn't carrying a mortgage which might be true, but he may end up with less BTC overall when it's all said and done if we add a zero or two to the price in the next few years.", '1b4a029'], ['u/whiterabbitobj', 85, '2024-03-02 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyjf3p/', 'That’s… not what Proof of Work means.', '1b4a029'], ['u/ElDubardo', 10, '2024-03-02 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyks76/', "Annualized gain of bitcoin since 2017; 45%. And you want to invest in something to save 5%. This mean if you pay 100k in bitcoin, you lose 40k next year but you save 5k off the mortgage. I'd rather have a mortgage with 40k extra then no mortgage and 5k extra.", '1b4a029'], ['u/Alexkono', 14, '2024-03-02 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksylg8v/', 'Not necessarily. \xa0What if BTC prices reacts similarly to the last time we hit an all time high? \xa0No one can predict the future. \xa0Since we’re nearing ATH, it may actually be pretty smart to unload a fair amount. \xa0Especially if being used for real estate. \xa0', '1b4a029'], ['u/Fit_Double7765', 10, '2024-03-02 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksypld4/', 'give me some of them drugs you on pls', '1b4a029'], ['u/Classic-Foot-736', 10, '2024-03-02 06:39', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksys0y2/', "Yep, you can't live in a Bitcoin, lol.", '1b4a029'], ['u/und3adb33f', 37, '2024-03-02 07:08', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyuxzb/', "> Yes it is, since I'm the one who said it, and I know what I meant by it. You might benefit from practicing some mental yoga every once in a while and allow yourself to look at language without so much rigidity.\n\n“When I use a word,” Humpty Dumpty said, in rather a scornful tone, “it means just what I choose it to mean – neither more nor less.”\n\n“The question is,” said Alice, “whether you can make words mean so many different things.”", '1b4a029'], ['u/TenshiS', 10, '2024-03-02 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyvq1f/', 'You just don\'t know what proof of work actually means. It\'s an established term that means something very specific.\n\nIt\'s as if you\'re calling a tree "a branch" and you\'re butthurt when someone points out a branch is something else.\n\nGrow up.', '1b4a029'], ['u/FortyandLife2Go', 12, '2024-03-02 13:37', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/kszs1jo/', "That's what I was thinking, sell enough BTC each month to pay the mortgage.", '1b4a029']]], ['u/ABloodHen', 'Whether to trade alts in for Bitcoin?', 63, '2024-03-02 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/', 'I’m sure there are many of us in the same boat right now holding bags of alts that we have ridden through the winter and their value has begun to turn green again. For me it’s ADA and VET mainly. But we are seeing and hearing that Bitcoin price is gaining momentum and headed to the moon. With the upcoming halving and ETFs as well as the certain fomo about to kick in, it really seems that Bitcoin is ready to go parabolic. What are you going to do? Do you hold on to your alts and hope they are dragged up in price too or do you swap out for Bitcoin and be part of the hype? I’m on the fence and can’t decide. ', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/', '1b4ajzs', [['u/EmotionalGraveyard', 72, '2024-03-02 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/ksxo1fj/', 'Always sell low and buy high! That’s the way to make $, amirite?', '1b4ajzs'], ['u/CompleteOriginal5802', 13, '2024-03-02 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/ksxomuv/', 'In a similar position. I like ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Investors rejoiced when Federal Reserve Chairman Jerome Powell told the world in November that lower interest rates were coming.\nThe Fed's campaign to beat inflation had pushed interest rates higher weighed on the costs of U.S. debt (and debts of nations worldwide) and severely dampened housing markets.\nThere was euphoric talk the central bank could cut rates three or four times in 2024. Some thought six times.\nBut those giddy days are no more. A March cut won't happen. A rate cut in May isn't in the offing, either.\nWhy not cut now? Because Fed officials insist they want REAL DATA showing that inflation is at or near 2% and will stay there. (Sustainable is the word they use.)\nAnd now an event looms this week that could give the Fed more time to wait.\nThe U.S. Labor Department will report on the jobs market and unemployment on Friday.\nRelated: Fed Inflation gauge ticks higher in January, but headline pressures ease; Stocks jump\nA hot report (defined as, say, 350,000 jobs added — the number estimated for January) and little change in the unemployment rate from January's 3.7% will confirm the Fed won't do any rate cutting at its March 19-20 meeting.\nAnd\xa0probably not at its April 30-May 1 meeting, either.\nAfter that, who knows? June? Maybe. July possibly.\nOne economist, Apollo's Torsten Slok, thinks the Fed may not need to cut rates AT ALL in 2024.\nPowell himself will testify before House Financial Services Committee on Wednesday and the Senate Committee on\xa0\xa0Banking, Housing, and Urban Affairs\xa0Thursday.\nThe formal text of his remarks may not change from one committee to the next.\nHe may offer more perspective on the Fed's thinking on interest rates in the question period. He will probably emphasize the Fed's interest in inflation falling toward its 2% goal on a sustained basis.\nBut he often slips in something during the Q&A that surprises traders and roils markets.\nSo far, investors haven't cared. The merry stock market rally that erupted at the end of October is still strong. Stocks ended February higher for a fourth straight month.\nThe\xa0Standard & Poor's 500 index, the Nasdaq Composite Index, and the Nasdaq-100 index all hit record closes on Friday. The Dow Jones industrials ended just 1% below its Feb. 23 record close.\nThe S&P 500, which finished at 5,137.08 on Friday (its first close above 5,100), has risen 16 weeks in the last 18 weeks. The performance is the best in 50 years, FactSet says.\nMore Economy:\n• Fed members just hat-tipped what's next for interest rates\n• Retail sales tumble clouds impact of inflation data\n• Jobs report shocker: 353,000 hires crush forecasts, stokes inflation fears\nEight of the S&P 500's 11 sectors are higher this year, with communications services and technology the best\xa0performers.\nAnalysts keep raising their year-end targets for the index: Bank of America analysts seem to have the highest projection at 5,600. That implies a 17% gain this year, following a 24% gain in 2023.\nThe Nasdaq-100 Index, up 7.8% this year, has climbed nearly 30% from its October closing low.\nNvidia(NVDA)was up 29% for February. Super Micro Computer(SMCI)jumped nearly 64% for the month and another 4.5% on Friday.\nRelated: S&P adds two hot stocks to its flagship S&P 500 index\nBitcoin jumped nearly 46% in February after a lackluster January and ended Friday at $63,053, just 8.6% below its intraday peak of $68,991 in November 2021.\nOne reason for the sharp gain isyou can now invest in bitcoin via exchange-traded funds(ETFs) offered by a host of money managers.\nSome bitcoin players see the cryptocurrency hitting $100,000 soon.\nThe 2-year Treasury yield is off 1.6% on the year at 4.19%.\nStill, the 10-year Treasury yield is up 8% this year. A 30-year mortgage will cost you about 7.1%, up from a low of 6.6% in December.\nNo wonder the National Association of Realtors reported that pending home sales slumped 5% in January.\nShutterstock\nAnd there are still reports of layoffs in technology companies and persistent chatter from prominent people like Jamie Dimon of JP Morgan Chase(JPM), that a recession is coming.\nOil and gasoline prices are rising (maybe because of normal season trends).\nGiven how this market is performing, a recession and a market pullback need a strong and specific trigger.\nThe political environment may offer one. So,\xa0 too, could a widening of the Russia-Ukraine War, the Hamas-Israeli war, or a Chinese attack on Taiwan.\nA true wildcard: something bizarre out of North Korea.\nAll the optimism about stocks notwithstanding, the jobs report is, in fact, the dominant report of the week. Until then, market reaction to others due before Friday\xa0will probably be muted. The reports include:\n• Factory orders and the ISM Non-manufacturing on Monday.\n• Factory orders on Tuesday.\n• The weekly Freddie Mac mortgage survey is on Wednesday.\n• Jobless claims on Thursday.\nThere are some important earnings reports due in the week ahead, including\n• Tuesday: Crowdstrike(CRWD), Target TGT, Ross Stores(ROST,)and Nordstrom(JWN).\n• Wednesday: Beverage maker Brown Forman(BF.A)and(BF.B), Campbell Soup(CPB), and Abercrombie & Fitch(ANF), whose shares have been hitting new highs regularly for the last year.\n• Thursday: Chipmaker Broadcom(AVGO), Costco Wholesale(COST), grocery giant Kroger(KR,)and electronic signature company DocuSign(DOCU).\nCostco, Target, and Kroger (if only because it's trying to merge with Albertson's) offer the most potential for drama.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'According to a growing number of analysts, the next crypto bull market rally has officially started. Enthusiasm over the arrival of new crypto investment products is building, top cryptos are surging, and the long, cold "crypto winter" now seems to be a distant memory.\nIt\'s time to start looking for coins and tokens likely to skyrocket higher as part of a broad-based crypto market rally. Three that are on my short list areBitcoin(CRYPTO: BTC),Ethereum(CRYPTO: ETH), andChainlink(CRYPTO: LINK).\nIf there is a no-brainer crypto investment in 2024, it\'s Bitcoin. After an awkward start to the year, when it briefly fell below $40,000, Bitcoin is now on a tear. It\'s up 35% for the year, and is holding strong above the $50,000 mark.\nMost of those gains, of course, have come on the basis of the Securities and Exchange Commission\'s (SEC) approval of the newspot Bitcoin exchange-traded funds (ETFs)in early January. In a single move, the SEC gave the green light to Bitcoin as an asset that anyone could hold as part of a well-diversified portfolio. Investor fund inflows into the new Bitcoin ETFs have been off the charts. All of this new buying of Bitcoin, of course, should continue to send the price of Bitcoin higher.\nAnd that\'s really just the start, because Bitcoin has another catalyst in place that might be much more powerful: the upcoming halving, scheduled for April. There have been three previous Bitcoin halving events, and each one has sent the price of Bitcoin to a new all-time-high.\nPast performance is no guarantee of future performance, of course, but investors are understandably excited about just how much higher Bitcoin could go after April. Suddenly, Bitcoin\'s all-time high of $69,000 looks well within reach, andmany investors believe Bitcoin could end the year at $100,000 or higher.\nAmid all the buzz surrounding the new spot Bitcoin ETFs, Ethereum is also soaring higher. This is primarily due to the growing narrative that Ethereum will be the next crypto in line to get its own spot ETF. A handful of Wall Street firms have already submitted applications, and SEC approval could come as early as May.\nThe only question, of course, is whether Ethereum will be another case of "buy the rumor, sell the news," as Bitcoin was in January. Simply stated, the huge rally Ethereum has seen thus far in 2024 might fizzle out in May, as soon as the new ETFs become available to investors.\nThat being said, there\'s still enormous upside potential with Ethereum, which is currently undergoing yet another upgrade to remain a best-in-class blockchain.\nGiven that Bitcoin and Ethereum together account for nearly 70% of the total value of the $2 trillion crypto market, it\'s worth looking for ways to diversify your portfolio beyond just the two biggest names. Of all the cryptos that rank in the top 20 by market cap, my personal pick is Chainlink.\nThat\'s because Chainlink, as a data oracle network, is completely different from both Bitcoin and Ethereum. Chainlink provides real-world data to smart contracts, which are one of the key building blocks of decentralized finance. Since Chainlink is the biggest and best-known data oracle network, it is also the most valuable. The crypto currently has a massive $11 billion market cap, which ranks No. 12 among all cryptocurrencies.\nWhat makes Chainlink particularly interesting is that it is also a long-term play on an emerging trend known as real-world asset tokenization. This refers to the process of transforming traditional financial assets (such as stocks and bonds) into digital assets that live on the blockchain.\nThese financial assets require data for proper pricing, and that\'s where Chainlink comes into the picture. Right now, Chainlink is one of the leaders when it comes to real-world asset tokenization, which has the potential to become a multitrillion-dollar trend by the year 2030.\nWhile the long-term prospects for Bitcoin, Ethereum, and Chainlink look good, just remember to do your due diligence before investing. Crypto is notoriously volatile, and regulatory risk is always a very real risk factor. As a rule of thumb, it\'s best to invest in large-cap cryptos that have a diversified base of both retail and institutional investors.\nIf forced to rank these three cryptos, Bitcoin would easily be my No. 1 choice. But, as they say, it\'s best not to put all your eggs in the same basket. Portfolio diversification is key, and two cryptos that could play a key role in this regard are Ethereum and Chainlink.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Ethereum. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy Hand Over Fist in Marchwas originally published by The Motley Fool', "The crypto market was chilled by high interest rates in 2022 and 2023, but it's been warming up again this year.Bitcoin's(CRYPTO: BTC)price has soared nearly 50% year to date as U.S. regulators approved the first spot price exchange-traded funds (ETFs) and investors looked toward the upcoming halving, which will slow Bitcoin's supply growth this year.Ethereum's(CRYPTO: ETH)price has risen more than 40% on hopes that regulators will also approve its spot price ETFs as the Ethereum network undergoes another update.\nThat recovery has driven many investors back toward crypto-related stocks likeCoinbase Global(NASDAQ: COIN),Marathon Digital(NASDAQ: MARA), andMicroStrategy(NASDAQ: MSTR). All three stocks represent simple ways to profit from the expansion of thecrypto market, and they could rally much higher by the end of the decade.\nCoinbase is one of the world's largest cryptocurrency exchanges. In 2023, it generated 34% of its trading volume from Bitcoin, 20% from Ethereum, 11% from theTether(CRYPTO: USDT)stablecoin, and the rest from other types of crypto assets. That diversification makes it a great way to profit from the long-term expansion of the crypto market.\nCoinbase suffered a major slowdown during the past two years as rising interest rates drove investors away from cryptocurrencies and other speculative investments. But looking ahead, the soaring prices of Bitcoin and Ethereum during the past few months will likely bring back more retail investors andlight a blazing fireunder its business again.\nFrom 2023 to 2026, analysts expect Coinbase's revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to both grow at a compound annual growth rate (CAGR) of 9%. Based on those estimates, Coinbase's stock looks reasonably valued at 26 times this year's adjusted EBITDA.\nYet those forecasts seem too conservative if you believe Bitcoin, Ethereum, and other top cryptocurrencies will soar to new heights. If that best-case scenario plays out, Coinbase could easily beat those estimates and outperform the market through 2030.\nMarathon is the world's largest pure-play Bitcoin miner. It minted a record 12,852 bitcoins in 2023, representing a 210% increase from 2022, while its energized hash rate (which gauges its total mining power) rose 253%. It periodically sells its mined Bitcoin to raise more cash, but it still ended the year with 15,126 bitcoins (worth $947 million as of this writing) and $357 million in cash and cash equivalents on its balance sheet.\nMarathon could consolidate the Bitcoin mining market in the near future. During the past year, it already opened two new plants, launched a mining joint venture in Abu Dhabi, and agreed to buy several other mining sites. Therefore, I wouldn't be too surprised if it tries to buy its closest competitorRiot Platforms(NASDAQ: RIOT).\nBitcoin will become increasingly difficult to mine with each halving, which reduces the rewards for mining the crypto in half every four years, but Marathon could offset that pressure with economies of scale by expanding its mining operations and diluting its expenses. Analysts expect its revenue to grow at a CAGR of 48% from 2023 to 2025 -- and it could grow even faster through the end of the decade if Bitcoin's price skyrockets and it takes over its top competitors.\nMicroStrategy was once considered a slow-growth enterprise software stock. That all changed when the company started to make large purchases of Bitcoin during the past 3 1/2 years. The company ended 2023 with 189,150 bitcoins on its balance sheet, with a market value of about $11.9 billion. That's nearly two-thirds of its enterprise value of $18.5 billion, and it plans to keep buying Bitcoin for the foreseeable future.\nAs MicroStrategy hoards more Bitcoin, it's gradually expanding its subscription-based analytics services to offset its declining license and support revenue. The bulls believe that over the long term, MicroStrategy's software business will stabilize as its Bitcoin investments pay off.\nSo just like Coinbase and Marathon, MicroStrategy represents an easy way to profit from Bitcoin's rising price without directly buying the cryptocurrency. The company could also sell some of its Bitcoin to reduce its debt and expand its software ecosystem with big investments and acquisitions. If it plays all of those cards right, it could easily outperform the market by 2030.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has adisclosure policy.\nPrediction: These Could Be the Best-Performing Crypto Stocks Through 2030was originally published by The Motley Fool", "At a current market cap of $2.3 trillion, the cryptocurrency market is back in style. Thanks to the surging price ofBitcoin(CRYPTO: BTC), the world's most valuable digital asset, investors might be eyeing other tokens in the hopes that they can soar.\nPerhaps there's no other cryptocurrency that exemplifies the meme-stock craze from 2021 better thanDogecoin(CRYPTO: DOGE). This speculative token skyrocketed in value during a raging bull market, but as of Feb. 28, it sits 86% below its peak price.\nCan Dogecoin bounce back and rise 760% to one day reach $1? Let's take a closer look to figure out the chances this token can make a new all-time record.\nCreated as a funny alternative to Bitcoin, Dogecoin is on ablockchainnetwork that was made to have an abundant token supply. There are currently 143 billion tokens outstanding, a figure that increases by 10,000 every minute.\nDogecoin has no functionality other than to be used as a tool for financial gain or to send money to others. According to cryptwerk.com, just 2,523 merchants worldwide accept it as a method of payment, which is a drop in the bucket when it comes to the number of businesses out there.\nThere isn't a reason to be optimistic about Dogecoin achieving greater adoption in the future. Data from venture capital firm Electric Capital shows that only 19 full-time developers are working on Dogecoin, ranking it 90th out of 100 blockchain networks. This doesn't bode well for its long-term viability.\nIn order for Dogecoin's price to remotely have a chance at climbing to a new high, it would need to benefit from another momentum-driven hype cycle. This means a public mention of the token by someone likeElon MuskorMark Cuban, with supporters quickly rushing in to buy the cryptocurrency. It's hard to know if this will ever happen.\nIn 2023, the overall crypto market roughly doubled in value. But Dogecoin was only up 27%. For one of the most speculative digital assets out there, you would expect it to rise rapidly when market conditions were favorable. This just wasn't the case, likely demonstrating tempered enthusiasm.\nInvestors who are serious about putting money to work in the cryptocurrency industry should consider Bitcoin instead. Unlike Dogecoin, Bitcoin was launched to be a scarce asset. There will only ever be 21 million coins in circulation, based on a pre-determined inflation schedule. This alone gives it value, particularly when compared to constantly debasing fiat currencies.\nBitcoin appears to have made it in terms of becoming a legitimate financial asset. The recent introduction ofspot exchange-traded funds, which are attracting billions of dollars in inflows, can be viewed as somewhat of a stamp of approval by the Securities and Exchange Commission, as well as major traditional asset managers who want to provide exposure to Bitcoin for their clients.\nGiven that its price has soared in the past few years, especially at a time when inflationary pressures are present, it might indicate that it's fulfilling its duty as a store of value. I don't believe Dogecoin holds a candle to this type of perception in the market.\nDespite its extremely volatile nature, throughout its history, Dogecoin has been a massive winner. However, I believe the interest from the investment community is fading.\nNot only do I think this crypto will never reach $1, but I wouldn't invest my hard-earned savings in it at all. In fact, I suspect this token has a better shot at going to zero first. There's a much better option for investors to choose.\nShould you invest $1,000 in Dogecoin right now?\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCan Dogecoin Reach $1?was originally published by The Motley Fool", "Right now,Bitcoin(CRYPTO: BTC)looks unstoppable. It's up about 20% during the past week, and nearly 50% for the year. At a price of about $62,000,Bitcoinis remarkably close to hitting its all-time high of $69,000.\nSo is now the time to go all in on Bitcoin, as much of Wall Street seems to be doing right now? Or are there better buys out there right now? Let's take a closer look.\nBitcoin's remarkable run this year seems to be driven primarily by one key catalyst: the introduction ofnew spot Bitcoin exchange-traded funds (ETFs)in January. These have been extraordinarily successful by just about any metric that you want to use. The net inflows into the most popular spot Bitcoin ETFs have been truly astounding.\nFor example, take the newiShares Bitcoin Trust(NASDAQ: IBIT)fromBlackRock. In just over one month, the fund has gone from holding zero Bitcoin to holding 100,000 coins. Investor inflows are coming in at $500 million per day. The iShares Bitcoin Trust ETF now has almost $7 billion in assets under management, and the new inflows show no signs of stopping.\nAnd it's not just the BlackRock Bitcoin ETF. There are two other spot Bitcoin ETFs with more than $1 billion in assets under management. Given all of this buying momentum, Bitcoin still looks like a screaming buy. If net ETF inflows begin to fall off, then that might be a warning signal that the Bitcoin rally is starting to lose momentum. But that doesn't seem to be the case right now. In fact, if anything, institutions appear to be ramping up their allocations to Bitcoin.\nMoreover, there's the upcoming Bitcoin halving in April to consider. These halving events, in which the rate of new Bitcoin production is cut by one-half, occur only once every four years and are highly anticipated by the crypto market. Historically, they have been catalysts for tremendous Bitcoin rallies.\nIn fact, in three previous Bitcoin halving cycles (2012, 2016, and 2020), the price of Bitcoin has soared to a new all-time high. Given that the halving is less than two months away, and we're already close to the $69,000 price level, it almost seems like a foregone conclusion that Bitcoin is going to hit a new all-time high sometime before the start of summer.\nWhile the general case for buying Bitcoin looks good, there are some obvious warning signals to consider. One of these is the Fear & Greed Index, which is now flashing strong warning signs. It is now at its highest levels since Bitcoin hit its all-time high in November 2021. Long story short, investors are becoming greedy again, much as they were in the last bull market cycle. They are buying Bitcoin hand over fist. The fear of missing out (FOMO) is making the average investor irrational and too focused on short-term gains.\nAnd that leads to the next observation -- it's quite likely that Bitcoin could experience one final correction before hitting a new all-time high. Crypto traders like to point out that Bitcoin never hits an all-time highbeforethe start of a halving cycle. It always occursafterthe halving event, and it usually takes anywhere from 12 to 18 months. So some are becoming very uneasy about the prospect of Bitcoin peaking too early. Bitcoin wasn't supposed to hit a new all-time high until after April!\nAnd that's where the inherent volatility of Bitcoin should be cause for concern. Yes, Bitcoin can go up 10% in a single day. But it can also go down 10% in a single day. And while Bitcoin is up 50% this year, and 150% in 2023, it was down 65% in 2022. Granted, with the arrival of so much new institutional money, the volatility of Bitcoin could be declining. But there is still risk that you could wake up after a very nice night of sleep only to find out that your Bitcoin nest egg has shrunk considerably.\nUltimately, the decision of whether to buy Bitcoin should not be based on short-term market fluctuations. Tracking the day-to-day volatility of Bitcoin can be overwhelming. Only buy Bitcoin if you feel confident about its long-term prospects as an entirely new asset class that belongs in your portfolio for both upside and diversification purposes.\nRight now, there is simply no other cryptocurrency that I'm as confident about buying and holding for the long term. I'm bullish on Bitcoin, and fully expect it to smash through its all-time high of $69,000 on the path to $100,000 before the end of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's Close to Hitting an All-Time High of $69,000?was originally published by The Motley Fool", "Right now,Bitcoin(CRYPTO: BTC)looks unstoppable. It's up about 20% during the past week, and nearly 50% for the year. At a price of about $62,000,Bitcoinis remarkably close to hitting its all-time high of $69,000.\nSo is now the time to go all in on Bitcoin, as much of Wall Street seems to be doing right now? Or are there better buys out there right now? Let's take a closer look.\nBitcoin's remarkable run this year seems to be driven primarily by one key catalyst: the introduction ofnew spot Bitcoin exchange-traded funds (ETFs)in January. These have been extraordinarily successful by just about any metric that you want to use. The net inflows into the most popular spot Bitcoin ETFs have been truly astounding.\nFor example, take the newiShares Bitcoin Trust(NASDAQ: IBIT)fromBlackRock. In just over one month, the fund has gone from holding zero Bitcoin to holding 100,000 coins. Investor inflows are coming in at $500 million per day. The iShares Bitcoin Trust ETF now has almost $7 billion in assets under management, and the new inflows show no signs of stopping.\nAnd it's not just the BlackRock Bitcoin ETF. There are two other spot Bitcoin ETFs with more than $1 billion in assets under management. Given all of this buying momentum, Bitcoin still looks like a screaming buy. If net ETF inflows begin to fall off, then that might be a warning signal that the Bitcoin rally is starting to lose momentum. But that doesn't seem to be the case right now. In fact, if anything, institutions appear to be ramping up their allocations to Bitcoin.\nMoreover, there's the upcoming Bitcoin halving in April to consider. These halving events, in which the rate of new Bitcoin production is cut by one-half, occur only once every four years and are highly anticipated by the crypto market. Historically, they have been catalysts for tremendous Bitcoin rallies.\nIn fact, in three previous Bitcoin halving cycles (2012, 2016, and 2020), the price of Bitcoin has soared to a new all-time high. Given that the halving is less than two months away, and we're already close to the $69,000 price level, it almost seems like a foregone conclusion that Bitcoin is going to hit a new all-time high sometime before the start of summer.\nWhile the general case for buying Bitcoin looks good, there are some obvious warning signals to consider. One of these is the Fear & Greed Index, which is now flashing strong warning signs. It is now at its highest levels since Bitcoin hit its all-time high in November 2021. Long story short, investors are becoming greedy again, much as they were in the last bull market cycle. They are buying Bitcoin hand over fist. The fear of missing out (FOMO) is making the average investor irrational and too focused on short-term gains.\nAnd that leads to the next observation -- it's quite likely that Bitcoin could experience one final correction before hitting a new all-time high. Crypto traders like to point out that Bitcoin never hits an all-time highbeforethe start of a halving cycle. It always occursafterthe halving event, and it usually takes anywhere from 12 to 18 months. So some are becoming very uneasy about the prospect of Bitcoin peaking too early. Bitcoin wasn't supposed to hit a new all-time high until after April!\nAnd that's where the inherent volatility of Bitcoin should be cause for concern. Yes, Bitcoin can go up 10% in a single day. But it can also go down 10% in a single day. And while Bitcoin is up 50% this year, and 150% in 2023, it was down 65% in 2022. Granted, with the arrival of so much new institutional money, the volatility of Bitcoin could be declining. But there is still risk that you could wake up after a very nice night of sleep only to find out that your Bitcoin nest egg has shrunk considerably.\nUltimately, the decision of whether to buy Bitcoin should not be based on short-term market fluctuations. Tracking the day-to-day volatility of Bitcoin can be overwhelming. Only buy Bitcoin if you feel confident about its long-term prospects as an entirely new asset class that belongs in your portfolio for both upside and diversification purposes.\nRight now, there is simply no other cryptocurrency that I'm as confident about buying and holding for the long term. I'm bullish on Bitcoin, and fully expect it to smash through its all-time high of $69,000 on the path to $100,000 before the end of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's Close to Hitting an All-Time High of $69,000?was originally published by The Motley Fool", 'By Stephanie Kelly\nNEW YORK, March 3 (Reuters) -\nCrypto is back! And it\'s not just in the markets.\nThe burgeoning cryptocurrency industry is jumping into the 2024 U.S. election, spending millions of dollars in Super Tuesday primary contests in California, Alabama and Texas to boost crypto-friendly candidates and defeat those pushing for more regulation.\nHow these candidates perform on Tuesday, when dozens of races across America are whittled down to two contestants, will indicate how much influence the increasingly wealthy crypto executives may wield in November.\nBrand new industry super PACs, or independent fundraising groups, Fairshake, Protect Progress and Defend American Jobs, backed by funds from Coinbase and the Winklevoss twins have spent at least $13 million in Tuesday\'s primary races, according to a Reuters analysis of data from OpenSecrets, a research group that tracks money in U.S. politics and its influence on elections and policy.\nAnd that\'s just the beginning, officials say.\n"The crypto community is playing politics to win," said Fairshake spokesperson Josh Vlasto. "We will have influence and impact in races behind candidates who align with our agenda and our vision."\nIn total, the three super PACs have raised nearly $102 million from January 2023 to January 2024, data from the Federal Election Commission showed.\nThe cryptocurrency industry has surged in recent months, and Bitcoin hit a new high last week, after the collapse of several big players in 2022 crushed prices and prompted a regulatory crackdown.\nThe industry, including its employees and political action committees, has so far contributed about $59.2 million toward the 2024 election cycle, up from $26.8 million in the 2022 midterm cycle and $1.6 million in the 2020 cycle, OpenSecrets data showed.\nCalifornia progressive Democrat Katie Porter, who is running for Senate, is a key target. Fairshake has spent over $10 million to try to convince voters not to back Porter, including launching a statewide TV and digital media buy.\nPorter joined U.S. Senator Elizabeth Warren in 2022, seeking information from Texas\' electric grid operator on cryptomining operations in the state and how the power the industry uses affects climate change and the energy grid.\n"This shady super PAC is spending more than $10 million to kick Katie out of Washington because they know she will stand up for Californians and take on powerful special interests like them in the Senate," said Porter\'s campaign spokesperson Lindsay Reilly.\nProtect Progress has also spent about $1.7 million to back Shomari Figures, a Democrat and former deputy chief of staff to U.S. attorney general Merrick Garland running in Alabama\'s 2nd congressional district race. A Democrat is expected to win the hotly-contested race, which was sparked after a federal court ordered Alabama to draw a new Congressional map.\nFigures, if elected, has pledged to "embrace the new landscape around digital assets, like Cryptocurrency, to stimulate innovation and technological advancement," his website says.\nIn Texas, Protect Progress has put about $962,000 in support of Representative Julie Johnson, a Democrat running in the state\'s 32nd congressional district race.\nMeanwhile, Defend American Jobs has allocated over $1 million to back Representative John Bradford III and Representative Tim Moore, both Republicans in North Carolina, OpenSecrets data showed. Moore is the speaker of the state\'s House.\nDemocrats are favored to take control of the House of Representatives in the 2024 election, perhaps by a slim margin, meaning individual Congress members could play pivotal roles in passing legislation.\n"You have candidates in all of those races who have demonstrated not only an openness to learning and thinking more about digital assets, but actually calling on Congress and on policymakers to take action there," said Kara Calvert, head of U.S. policy at Coinbase.\nCoinbase, an online platform for buying and selling crypto, is also behind a non-profit group called the Stand With Crypto Alliance that now counts 315,000 members, which aims to organize voters who own crypto and influence public opinion.\nThe industry\'s interest in the 2024 election comes on the heels of one of the biggest financial frauds on record. FTX founder Sam Bankman-Fried was found guilty last year of stealing from customers. Prosecutors allege he used those funds to donate more than $100 million to U.S. political campaigns.\nFederal election disclosures show he gave roughly $40 million to mostly Democratic-aligned groups and campaigns.\nAn indictment also accused Bankman-Fried of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans\nto the tune of\n$9.7 million to Democratic candidates and causes, and more than $24 million to Republican candidates and causes in 2022.\nAt least some\nhave returned\nthe money after.\n"The experience of FTX/Alameda should be a cautionary tale" for any campaign, said Ciara Torres-Spelliscy, a professor of law at Stetson University College of Law. Alameda Research was Bankman-Fried\'s crypto-focused hedge fund.\n"The FTX/Alameda funds that went into politics are subject to two different attempts to claw back the money: One claw back from the bankruptcy estate of FTX and another claw back from federal prosecutors who consider the money fruits of a crime." (Reporting by Stephanie Kelly; Editing by Heather Timmons and Diane Craft)', 'By Stephanie Kelly\nNEW YORK (Reuters) - Crypto is back! And it\'s not just in the markets.\nThe burgeoning cryptocurrency industry is jumping into the 2024 U.S. election, spending millions of dollars in Super Tuesday primary contests in California, Alabama and Texas to boost crypto-friendly candidates and defeat those pushing for more regulation.\nHow these candidates perform on Tuesday, when dozens of races across America are whittled down to two contestants, will indicate how much influence the increasingly wealthy crypto executives may wield in November.\nBrand new industry super PACs, or independent fundraising groups, Fairshake, Protect Progress and Defend American Jobs, backed by funds from Coinbase and the Winklevoss twins have spent at least $13 million in Tuesday\'s primary races, according to a Reuters analysis of data from OpenSecrets, a research group that tracks money in U.S. politics and its influence on elections and policy.\nAnd that\'s just the beginning, officials say.\n"The crypto community is playing politics to win," said Fairshake spokesperson Josh Vlasto. "We will have influence and impact in races behind candidates who align with our agenda and our vision."\nIn total, the three super PACs have raised nearly $102 million from January 2023 to January 2024, data from the Federal Election Commission showed.\nThe cryptocurrency industry has surged in recent months, and Bitcoin hit a new high last week, after the collapse of several big players in 2022 crushed prices and prompted a regulatory crackdown.\nThe industry, including its employees and political action committees, has so far contributed about $59.2 million toward the 2024 election cycle, up from $26.8 million in the 2022 midterm cycle and $1.6 million in the 2020 cycle, OpenSecrets data showed.\nCalifornia progressive Democrat Katie Porter, who is running for Senate, is a key target. Fairshake has spent over $10 million to try to convince voters not to back Porter, including launching a statewide TV and digital media buy.\nPorter joined U.S. Senator Elizabeth Warren in 2022, seeking information from Texas\' electric grid operator on cryptomining operations in the state and how the power the industry uses affects climate change and the energy grid.\n"This shady super PAC is spending more than $10 million to kick Katie out of Washington because they know she will stand up for Californians and take on powerful special interests like them in the Senate," said Porter\'s campaign spokesperson Lindsay Reilly.\nProtect Progress has also spent about $1.7 million to back Shomari Figures, a Democrat and former deputy chief of staff to U.S. attorney general Merrick Garland running in Alabama\'s 2nd congressional district race. A Democrat is expected to win the hotly-contested race, which was sparked after a federal court ordered Alabama to draw a new Congressional map.\nFigures, if elected, has pledged to "embrace the new landscape around digital assets, like Cryptocurrency, to stimulate innovation and technological advancement," his website says.\nIn Texas, Protect Progress has put about $962,000 in support of Representative Julie Johnson, a Democrat running in the state\'s 32nd congressional district race.\nMeanwhile, Defend American Jobs has allocated over $1 million to back Representative John Bradford III and Representative Tim Moore, both Republicans in North Carolina, OpenSecrets data showed. Moore is the speaker of the state\'s House.\nDemocrats are favored to take control of the House of Representatives in the 2024 election, perhaps by a slim margin, meaning individual Congress members could play pivotal roles in passing legislation.\n"You have candidates in all of those races who have demonstrated not only an openness to learning and thinking more about digital assets, but actually calling on Congress and on policymakers to take action there," said Kara Calvert, head of U.S. policy at Coinbase.\nCoinbase, an online platform for buying and selling crypto, is also behind a non-profit group called the Stand With Crypto Alliance that now counts 315,000 members, which aims to organize voters who own crypto and influence public opinion.\nThe industry\'s interest in the 2024 election comes on the heels of one of the biggest financial frauds on record. FTX founder Sam Bankman-Fried was found guilty last year of stealing from customers. Prosecutors allege he used those funds to donate more than $100 million to U.S. political campaigns.\nFederal election disclosures show he gave roughly $40 million to mostly Democratic-aligned groups and campaigns.\nAn indictment also accused Bankman-Fried of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans to the tune of $9.7 million to Democratic candidates and causes, and more than $24 million to Republican candidates and causes in 2022.\nAt least some have returned the money after.\n"The experience of FTX/Alameda should be a cautionary tale" for any campaign, said Ciara Torres-Spelliscy, a professor of law at Stetson University College of Law. Alameda Research was Bankman-Fried\'s crypto-focused hedge fund.\n"The FTX/Alameda funds that went into politics are subject to two different attempts to claw back the money: One claw back from the bankruptcy estate of FTX and another claw back from federal prosecutors who consider the money fruits of a crime."\n(Reporting by Stephanie Kelly; Editing by Heather Timmons and Diane Craft)']... Last 60 Days of Bitcoin's Closing Prices: [42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-03 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,225,370,107,250 - Hash Rate: 611408496.6053661 - Transaction Count: 385447.0 - Unique Addresses: 633897.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The investment manager running the largest bitcoin futures ETF says that the fund is here to stay—despite speculation that the new spot bitcoin rivals pulling in billions of investor money will put them out of business. The $1.9 billionProShares Bitcoin Strategy ETF (BITO)was the first bitcoin ETF, approved in 2021 and pulling in $570 million in itsfirst dayof trading. That fund, which trades bitcoin futures, now faces an existential challenge from the 11 spot bitcoin ETFs, approved last month, which give investors exposure to day-to-day price fluctuations in the cryptocurrency. Still, Simeon Hyman, ProShares’ head of investment strategy, says he welcomes the new funds. “[Based on] what we’ve seen over the past month, we feel really good,” Hyman told etf.com in an interview. “It’s reinforced our view that there are enduring benefits to a futures based approach,” including “a regulated environment with efficient price discovery.” Trading in BITO surged after the launch of the spot bitcoin products, with daily trading volume reaching a high of 88.6 million shares on Jan. 11, according to Bloomberg data. On Feb. 1, the fund saw 14 million shares trading worth about $298 million, beating the trading volume of theGrayscale Bitcoin Trust (GBTC),the largest spot bitcoin ETF, which traded about $291 million that day, Bloomberg data show. Yet much of the trading volume appears to be investors selling the fund, as BITO has seen huge outflows—bleeding $143 million in one day on Jan. 31. Since the launch of the spot bitcoin funds, the fund has lost $364 million in outflows, according to etf.com data. At the same time, the largest spot bitcoin fund of the 11 that are now trading, BlackRock Inc.’siShares Bitcoin Trust (IBIT), has pulled in nearly $3 billion of investor cash. Yet with the advent of the spot bitcoin ETF funds, many experts have predicted that the futures funds will progressively see less and less interest from investors, similar to how gold futures ETFs eventually faded out after a gold ETF debuted on the market. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” VanEck, which also offers a spot bitcoin ETF, closed its bitcoin futures fund in late January. Kyle DaCruz, director of digital assets product at VanEck said at the time that company believes investors would "switch from products offering bitcoin futures exposure to direct bitcoin exposure.” Yet ProShares remains confident that their futures ETF, which is the largest by far, has much to offer investors. “From a market share perspective, there are absolutely enduring advantages to a futures-based ETF that will allow BITO to coexist and have a nice piece of the market for quite a long time,” Hyman said. “You could count us as certainly modestly bullish with the broader adoption of bitcoin in traditional asset allocations and growing the pie for everybody,” he added. Contact Lucy Brewster [email protected]. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/montymoon1', 'So what happens if Bitcoin ETF gets hacked/loses seed?', 213, '2024-03-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', "Looking to invest in Bitcoin ETF but have something on my mind:\n\nSay for example Fidelity, who owns their own Bitcoin, loses their seed, gets hacked, whatever. What would happen? Would everyone who owns the ETF be screwed? I understand their security and ability to keep a seed phrase safe is much greater than my own, but I'm wary of putting in my hard-earned retirement money into something that could be lost so easily. I'm pretty sure it wouldn't be insured because of how much money that would be gone.\n\nDoes anyone know what would happen in an event like this?", 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', '1b51oo5', [['u/rundown03', 20, '2024-03-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kddq/', 'If it was lost, price would rise. If it was hacked, expect a hige dip.', '1b51oo5'], ['u/Enschede2', 16, '2024-03-03 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kttc/', "Well, I'm assuming (hoping) that the seed is in some sort of fort knox structure somewhere", '1b51oo5'], ['u/Smiling_Jack_', 87, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l0uc/', 'Since these are registered ETFs, they have additional protection similar to how FDIC is a safety net for Bank deposits.\n\nI think SIPC has similar protection limits.', '1b51oo5'], ['u/Kno010', 17, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l1sl/', 'It would not necessarily be bullish if it was lost. It would be a major hit to the reputation of bitcoin and a lot of people would be a lot more hesitant to hold it. If one of the ETFs went down like this then people would dump all the other ETFs.', '1b51oo5'], ['u/BlubberWall', 356, '2024-03-03 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2lr87/', 'ETF’s have a custodian to hold it, for example Coinbase holds blackrocks Ishare BTC ETF in multiple separate wallets. All ETFs will tell you where it stored if you look through their prospectus.\n\nThey are insured, and the wallets themselves are almost certainly multi sig with no one person having all the needed pieces', '1b51oo5'], ['u/-TrustyDwarf-', 39, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mbxx/', "Once it gets large enough, they'll probably get bail out using tax payer money.", '1b51oo5'], ['u/BlubberWall', 21, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mdvb/', 'That’s exactly what insurance is for, what else would they be protecting against?', '1b51oo5'], ['u/uncapchad', 26, '2024-03-03 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ntfd/', "There are authorised custodians of the BTC and the ETF's holdings are never connected to the internet. Custodians are required to have additional safeguards and greater oversight from regulators. \r \n\r \nSome of the added standards for qualified custodians include insurance minimum reserves that exceed assets. They must segregate their various bitcoin holding accounts. And regulators must review the company's crypto wallet structure. This article goes into the detail of it all [https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/](https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/)", '1b51oo5'], ['u/JohnnyBaboon123', 27, '2024-03-03 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2oh2w/', '>Insurance won’t help if these wallets get hacked…\n\nthey only got that nothing goes wrong insurance?', '1b51oo5'], ['u/rundown03', 11, '2024-03-03 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2p6i4/', 'It would rather be a major hit in the reputation of the etf trust.', '1b51oo5'], ['u/Scarf_Darmanitan', 16, '2024-03-03 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2rrq6/', 'For the layman that’s gonna be the reputation of Bitcoin lol', '1b51oo5'], ['u/schadey187', 38, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2u56l/', 'There’s no such thing as a stupid question. Stranger things have happened, then a bank being hacked.', '1b51oo5'], ['u/schadey187', 40, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ua8u/', 'The fucking SEC didn’t even have 2FA on their Twitter account. Lol.', '1b51oo5'], ['u/grumbledonaldduck', 19, '2024-03-03 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ug49/', 'Its a valid concern to someone not familiar with crypto. You should be encouraging and educating, not shaming. Mainstream adoption benefits everyone, even pretentious gatekeepers.', '1b51oo5'], ['u/thethorbs', 10, '2024-03-03 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2vsht/', "They have them written on a piece of paper, stashed under the ceo's bed. It's extremely safe there", '1b51oo5'], ['u/SuleyGul', 84, '2024-03-03 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt31h10/', 'Also I would imagine to spread the risk they hold the funds in many many wallets in case one seed ever gets hacked somehow. \nIt would be very stupid to hold like 10 bil of BTC in one wallet lol.', '1b51oo5'], ['u/9AvKSWy', 14, '2024-03-03 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt342qh/', '>They are insured\n\nAbsolute meme levels of absurdity.', '1b51oo5'], ['u/entropreneur', 12, '2024-03-03 03:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt39u9c/', "People that are able to find similar aspects in other industries with sufficient data. I'm sure they made a good chunk of $$$ running those numbers", '1b51oo5'], ['u/Jpotter145', 15, '2024-03-03 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3hbjd/', ">What would actually happen? No one knows until it does unfortunately. The good thing about fidelity and blackrock is there essentially too big to fail, a bailout is always a possibility\n\nIt's detailed in each ETFs disclosure information-- here is blackrocks:\n\nhttps://www.ishares.com/us/literature/prospectus/p-ishares-bitcoin-trust-12-31.pdf\n\nIn the event the custodian (Coinbase) is hacked they would only be covered up to 320Million -- far far far less than required to covered the billions in the BTC wallets + this is the same insurance for any loss. So it's not separate insurance for the ETFs:\n\n>Coinbase Global maintains a commercial crime insurance policy of up to $320 million, which is intended to cover the loss of client assets held by Coinbase \nInsureds, including from employee collusion or fraud, physical loss including theft, damage of key material, security breach or hack, and fraudulent transfer. \nThe insurance maintained by Coinbase Global is shared among all of Coinbase’s customers, is not specific to the Trust or to customers holding bitcoin with \nthe Bitcoin Custodian or Prime Execution Agent and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.\n\nSo in reality we know what would happen in the case the ETF wallets are hacked -- there would be a total loss. The ETF sponsors would be off the hook and only Coinbase could be held negligent (if at all). So only CB may fall - not the big banks and they are protected from having to pay back the customers they sell their very ETFs to.", '1b51oo5'], ['u/weaponsmiths', 11, '2024-03-03 04:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3l3xr/', "The prospectus says they are not responsible if the keys are lost, even if it's intentional by the trustee. I didn't see anything about insurance on the holdings, it was all warnings about how you can lose everything. Got a link?", '1b51oo5'], ['u/National_Asparagus_2', 53, '2024-03-03 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3lazx/', 'You never know. May be they re using just spreadsheet', '1b51oo5'], ['u/WorldsMostDad', 52, '2024-03-03 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3odxs/', 'Ah yes, the "FTX method"\n\nClassic', '1b51oo5'], ['u/bittabet', 11, '2024-03-03 05:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3trye/', 'Yeah I think the reason WHY people buy BlackRock and Fidelity’s ETFs over those from smaller players is that they have a LOT of money and brand reputation on the line. So if something really bad happens it’s unlikely that they’d just do nothing. A similar example with a much smaller player would be how Gemini worked pretty hard to fix their Gemini earn situation for customers when Genesis went kaput, now their clients are getting made whole. If you lent directly to Genesis you got screwed, but if you let to Genesis through Gemini you had someone else you could go after for the money who has a reputation to uphold.\n\nBlackRock manages over [TEN TRILLION DOLLARS](https://www.bloomberg.com/news/articles/2024-01-12/blackrock-total-assets-top-10-trillion-after-comeback-quarter) of assets. That’s a LOT of dollars so some billion dollar hack that would be a huge crippling death blow to a smaller company would be like a mildly annoying mosquito bite to BlackRock.\n\nAlso aside from BlackRock just having an insane amount of money is the fact that you just don’t screw with BlackRock. If you hack some random guy nothing ever happens to the hacker. If you hack BlackRock’s Bitcoin, the company that manages even the US government’s pensions you’ve put a gigantic target on your back and you can bet that Larry Fink is calling the head of the FBI, CIA, and NSA to hunt your ass down.', '1b51oo5'], ['u/Olivia512', 13, '2024-03-03 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt42bqa/', "Read the prospects. SIPC does not insure the underlying BTC getting hacked, just like it doesn't insure commodities getting lost for commodities ETFs.", '1b51oo5']]], ['u/Ur_boi_skinny_penis', 'Was the hype the same before the last halving?', 63, '2024-03-03 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/', 'Ik this run has a different feel to it because of the ETFs, but everybody talks like it’s nearly a guarantee that Bitcoin will be going up for another year. Obviously, Ik history doesn’t always repeat itself but I’m curious if the sentiment was the same before the last halving? Were people just as confident as they are now?', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/', '1b51x4q', [['u/Ur_boi_skinny_penis', 13, '2024-03-03 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2lssy/', 'Just curious my friend. I wasn’t in the sub back then', '1b51x4q'], ['u/marcio-a23', 19, '2024-03-03 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2ns3z/', 'After halving the value miners need to sell to get a profit Double..\n\nSo they stop selling and lack of supply raises prices.', '1b51x4q'], ['u/Jeremiah_Vicious', 20, '2024-03-03 01:00', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2r8fu/', 'Last halving was weird because of COVID. I remember a lot of people posting on here how they became full coiners during that time. I don’t remember it being too hyped and I actually remember it feeling like a letdown. The mania didn’t start until late 2020.', '1b51x4q'], ['u/conulgbo', 83, '2024-03-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2s8eg/', 'Bro, 4 years ago, at this time, people were scared shitless. Covid was coming. BTC was near the bottom, at 3-4k. No one was hyped, BTC was dead. It went up slowly after the halving, but at this time in the previous cycle it was the exact opposite of what is now.', '1b51x4q'], ['u/XXsforEyes', 13, '2024-03-03 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2xatx/', 'Cycles will cycle… add the ETF buying pressure to what’s already scheduled to happen and I feel pretty confident.', '1b51x4q'], ['u/Salty-Flower-', 143, '2024-03-03 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2xtpf/', 'This isn’t even hype yet.', '1b51x4q'], ['u/zzseayzz', 35, '2024-03-03 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt3cn6a/', 'We have enough recent data to know this cycle is different. \n\nThe low supply continue to dwindle. \n\nETFs buying rate still launch. \n\nFund managers added ETFs. \n\nMore ETF launching. \n\nHalving soon. \n\nTCID. \n\n😈\n\n- This Cycle is Different (TCID)', '1b51x4q'], ['u/PheelGoodInc', 21, '2024-03-03 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt3vjc9/', 'Brazil just started their ETF like two days ago. China is in the process. Things are going to get wild...', '1b51x4q'], ['u/BackendSpecialist', 16, '2024-03-03 07:39', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt475ie/', 'I thought China banned Bitcoin. Are they done banning it now lol', '1b51x4q'], ['u/poluting', 21, '2024-03-03 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt47x5m/', 'They ban and unban yearly', '1b51x4q']]], ['u/sarup23', 'Charts looks like JASMY might go to moon and then to Jupiter. Jasmy sitting stable at 0.02 level!', 57, '2024-03-03 00:34', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/', '\n\n[Fib retracement Analysis!](https://preview.redd.it/mqc5ekb090mc1.png?width=2666&format=png&auto=webp&s=88f141c741db611bdf796c4a678579b70eb5d631)\n\nThe 1 hour chart above shows that JASMY has been on a uptrend/Bullmarket since feb 19th. That is when it started climbing. Also, on the Fib retracement tool the retracement did not cross the 0.5 level, which means the whole move was bullish and it was a bull flag. It has done similar movement on the both pump to the upside.\n\nIt currently sits nice and cozy at the 0.02 level like i predicted, and unless BTC dosent fall back down like more than 2.5%, JASMY will sit at these levels and wait for another pump, which might just be couple days away.\n\nSo, for all my JASMY holders who are on the edge of the seat rn, chill out. go brab a glass of water and be zen till we go through URANUS, then u may scream and panic!\n\nCHEERS! Happy holding till then!!', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/', '1b528u9', [['u/Full_Reputation7568', 11, '2024-03-03 01:33', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/kt2w3w9/', 'Not rich yet! So a bottle of cheap wine will do, until Jasmy takes off!', '1b528u9'], ['u/FlatulateHealthilyOK', 10, '2024-03-03 03:03', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/kt39a8z/', ".27 to .37 is going to be the realest tests of them all. If this cycle repeats last cycle trend, .30 cents in 6 months doesn't seem impossible", '1b528u9']]], ['u/GA8S', 'Trading volume insanity, what is happening?', 46, '2024-03-03 00:34', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/', 'SHIB trading volume has surpassed bitcoin’s today. I don’t see any media coverage of this. Does anybody know what is going on?', 'https://i.redd.it/ymlwsxgma0mc1.jpeg', '1b5292p', [['u/SlashRModFail', 13, '2024-03-03 01:25', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt2v1l4/', 'Pricing for halving.', '1b5292p'], ['u/Jambroni99', 13, '2024-03-03 02:23', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt33icz/', 'Keep in mind a big whale can buy and sell their own coins back and forth and add to the figures. This is an unregulated market so any and all sketchy things will and do happen. The average person is just on for the ride.', '1b5292p'], ['u/pursuit_of_boom', 25, '2024-03-03 02:38', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt35oo5/', 'Before climax', '1b5292p'], ['u/Instinctonlyy', 23, '2024-03-03 05:40', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt3ue14/', 'I’ve held at the ath and I’m still here holding', '1b5292p']]], ['u/Sichterman', 'What is causing the spike?', 24, '2024-03-03 00:42', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/', "Not that I'm not loving the 58% spike in less than a week, but what is causing it? Is it the halving? The BTC spot acceptance in Brazil? \n\nAny thoughts appreciated. ", 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/', '1b52g3c', [['u/ReservedAndTrue', 21, '2024-03-03 01:03', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt2rq75/', "Shorts are getting destroyed. They keep jumping back in. It's like Algo revenge trading.\n\nhttps://www.coinglass.com/LiquidationData", '1b52g3c'], ['u/cabbage-collector', 16, '2024-03-03 01:58', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt2zwo6/', '$BCH is the real Bitcoin! (Pass it on, pamp it up!)', '1b52g3c'], ['u/Desperate_Way5061', 11, '2024-03-03 02:00', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt306n8/', 'Let them rot and keep doing it. We want $1000', '1b52g3c']]], ['u/beegodsantana', "I still have a few hundred $ in BTC from years ago (up like 10,000% since I actually used it). Despite the current bull run, I literally can't find anything to spend it on than shady drugs. Is there a site were I can buy actual consumer goods with it?", 15, '2024-03-03 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/', "Like, I really don't need fentanyl laced cough syrup or research chems from China. Where do I turn my satoshi bux into paper towels and heating oil?", 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/', '1b52w4b', [['u/spookmann', 67, '2024-03-03 01:07', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2s8cs/', "According to all the people who visit this sub...\n\n...you can convert it to USD any time you want. It takes one click, five seconds, with no risk, and 5¢ in fees.\n\nPlease do take screen shots and notes as you go through the process. We'd love to see how easy it is!", '1b52w4b'], ['u/NakamotoScheme', 10, '2024-03-03 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2whsl/', 'Assuming your idea is to spend it into something useful to avoid being a customer of an exchange, Vultr (a cloud computing platform) "still" accepts bitcoin.\n\nYou might want to ask this question in the bitcoin sub. At this point, willing to spend it might sound heretic for them...', '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 01:38', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2wx13/', "I don't need cloud computing though. I need heat and cleaning supplies.", '1b52w4b'], ['u/DiveCat', 15, '2024-03-03 01:38', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2wy6p/', 'And 10 years from that it will be 1,000x or 10,000x, or whatever the latest “prediction” is, so why ever spend it at all? \n\nAlmost like there are some who want to make sure you hodl forever. 🤔', '1b52w4b'], ['u/beegodsantana', 15, '2024-03-03 01:40', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2x9ey/', 'But I wanna use it now for things I actually need. I might be dead in 10 yrs.', '1b52w4b'], ['u/beegodsantana', 11, '2024-03-03 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2zkyg/', 'Yep I used it to directly trade seeds 10 yrs ago, left a little in a wallet that I forgot about, now seeds are legal and that little bit is worth hundreds. I just want basic consumer goods, ya know, the stuff people actually use on a daily basis without having to give out all my info to a shady exchange.', '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt318lo/', 'Um, some of us obtained our BTC during the Obama years when it actually served a real purpose for seed traders. I waited 11 yrs, the line went way up and I wanna use it to buy stuff I actually need, what about that is bad investing?', '1b52w4b'], ['u/beegodsantana', 10, '2024-03-03 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt34fvj/', 'Thank you, not exactly what I was looking for but this was by far the best answer so far.', '1b52w4b'], ['u/Rokey76', 10, '2024-03-03 02:31', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt34qxb/', 'What is Bitcoin an investment in exactly?', '1b52w4b'], ['u/Rokey76', 10, '2024-03-03 02:47', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt372jk/', 'You can do something with property. Not sure what you can do with Bitcoin.', '1b52w4b'], ['u/AmericanScream', 11, '2024-03-03 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt37y9j/', "\nActually NewEgg doesn't accept bitcoin natively. They use an intermediate exchange (BitPay) like others.", '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 03:09', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3a8f6/', "I don't know what kinda of Harem $400 in BTC gets ya, but something tells me I don't wanna find out.", '1b52w4b'], ['u/beegodsantana', 11, '2024-03-03 03:41', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3eo20/', "I don't have a coinbase account and don't wanna sign up for a service that was randomly making customer's balances $0 as of a few days ago.", '1b52w4b'], ['u/skittishspaceship', 17, '2024-03-03 04:37', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3me8i/', 'you spend dollars. they sell your crypto to pay for it. so no, you dont have a visa card that does what you said.', '1b52w4b'], ['u/machinery_of_fools', 11, '2024-03-03 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3ritv/', "i'm sure that's just a coincidence amirite", '1b52w4b'], ['u/headbangervcd', 13, '2024-03-03 05:17', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3rmrk/', "It's actually pretty easy, if you have a cold storage the best place to keep it, just send it to an exchange of your choice. It's literally a picture of a QR code. \n\nWhen the transaction is confirmed on the block chain your coins will be in your exchange wallet, now sell it for USD and transfer to your bank of choice.", '1b52w4b']]], ['u/scotburgh', "What kind of price at we expecting this to steady at after the bitcoin halving? I've been in and out for the past year and considering going all in again.", 15, '2024-03-03 01:33', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/', 'I know nobody knows exactly but curious to see what your expectations are.', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/', '1b53ldu', [['u/Andrew_Codes_', 13, '2024-03-03 03:42', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/kt3ex2o/', 'No clue. But I don’t see why VRA can’t at least 5x their last peak which would mean 40 cents especially with all the institutional money and ETFs pouring billions in daily. Also I haven’t fully dug into it but they jumped on the AI train and have been selling themselves for that narrative, which is expected to be the biggest category this run. At the end of the day though, could go to zero any day, no guarantees on anything.', '1b53ldu'], ['u/Sapanga', 13, '2024-03-03 09:19', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/kt4g4xf/', "I wouldn't use TikTok to teach me how to open a door let alone financial advice!", '1b53ldu']]], ['u/UniversityGreen7611', 'Happy weekend $BETS Squeezers and Holders', 67, '2024-03-03 02:38', 'https://www.reddit.com/r/Shortsqueeze/comments/1b54ynk/happy_weekend_bets_squeezers_and_holders/', 'I wasn’t sure if I’d make a post today. Long hours at my day job and a closed market doesn’t give me much to give you all. \n\nBut I’m still here. Just want to share my thoughts as a bag holder. You see that horizontal line on the 1 month and 5 day graph? That’s people like me. Bag holders. Aka my freaking heros the people standing at the front lines saying you can’t over short a share so hard that you end up with naked shorts. \n\nSo with bitcoin itching toward all time high and the halving coming soon, I’m stoked. These are just my opinions and everyone should do their own research. This is not financial advice. But you know where I’m at on this. 💎👋🏼', 'https://www.reddit.com/gallery/1b54ynk', '1b54ynk', [['u/notzebular0', 12, '2024-03-03 14:35', 'https://www.reddit.com/r/Shortsqueeze/comments/1b54ynk/happy_weekend_bets_squeezers_and_holders/kt58vlj/', "Hate to break it to ya fellas but the short % you are seeing is wrong. That's based on share count before they diluted, it's only something like 20% short.\n\nhttps://dilutiontracker.com/", '1b54ynk']]], ['u/Bloomien', 'I was almost a billionaire.', 66, '2024-03-03 02:41', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/', 'In middle school, my social studies teacher played a news clip about cryptocurrency as a part of her lesson that day (2010). Somehow, some way I knew that I knew that KNEW it was going to be huge. I remember even staying a couple minutes after class to ask a question about it.\n\nSo—not having my own debit card / money— I stole my mom’s wallet while she was sleeping and searched ”how to buy bitcoin“ on our super outdated box monitor computer (..man I remember this moment so vividly…). I was shaking uncontrollably out of fear of getting caught.\n\n1. I was / am rule follower and never really did sneaky things like that growing up.\n2. Just ordering physical products wasn’t common back then and a lot of people my mom’s age still protested buying something online with “someone’s going to steal my information“ at that time\n3. I felt really guilty\n4. I was paranoid that she was going to wake up as she almost did when I was digging her wallet out of her purse—she sounded like she wasn’t in deep sleep anymore\n\nLooking at the non-user-friendly, over-the head-of-a-7th-grader search results and shaking like a leaf because of the list above, I conceded and tiptoed to put my moms wallet back...\n\nI forgot about crypto until it was reintroduced to me in December 2017…smh. \nI was so young at the time that I probably would have left what I purchased on the exchange and it would have gotten stolen anyway… or forgotten the password to whatever storage alternatives they had back then… but then again maybe not. Maybe I would have learned enough to keep what I purchased safe... \n\n \n\\sigh\\ this close 🤏 \n\n \nNow that I am reflecting on this moment again, I think there is a strong possibility that that teacher is now a billionaire. Looking in hindsight, she seemed to know a lot about it for that time—and saw the value in it. That makes me feel better. Most of the kids at that school were very mean to her and would not listen to her. Wow, after many years of anguishly reflecting on my own brush with enormous wealth, this new thought I had while typing finally gives me a little peace about it. If she is, she deserves it!! She was treated so badly…\n\n \nMrs. Morales / former Mrs. Morales (I think she got divorced)—if you’re out there…and you find it in your heart… send a blessing my way please. Lol', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/', '1b5514k', [['u/Tucker_von_Joes_Stu', 55, '2024-03-03 03:43', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3f1if/', 'My wife talked me out of buying land in 2009 and Kodak when it was 0.03 cents a share. Was going to buy like 1000.00 dollars worth. Ex wife I mean', '1b5514k'], ['u/PutAdministrative206', 47, '2024-03-03 04:08', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3ii26/', 'You would have sold when Bitcoin jumped to $60 or lost your password. Don’t waste another second worrying about what you didn’t do because your life would be no different.', '1b5514k'], ['u/twacgop', 11, '2024-03-03 04:23', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3kjg8/', "Any seventh grader would've sold when they were up a couple hundred bucks. You could buy all the pogs and crazy bones you wanted for that kind of money and those are investments you can retire on.", '1b5514k'], ['u/Bloomien', 10, '2024-03-03 04:48', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3nxu2/', 'Geeez... you live and you learn.', '1b5514k']]], ['u/Bloomien', 'I was almost a billionaire… sigh', 24, '2024-03-03 03:05', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/', 'In middle school, my social studies teacher played a news clip about cryptocurrency as a part of her lesson that day (2010). Somehow, some way I knew that I knew that KNEW it was going to be huge. I remember even staying a couple minutes after class to ask a question about it.\n\nSo—not having my own debit card / money— I stole my mom’s wallet while she was sleeping and searched ”how to buy bitcoin“ on our super outdated box monitor computer (..man I remember this moment so vividly…). I was shaking uncontrollably out of fear of getting caught.\n\n1. I was / am rule follower and never really did sneaky things like that growing up.\n2. Just ordering physical products wasn’t common back then and a lot of people my mom’s age still protested buying something online with “someone’s going to steal my information“ at that time\n3. I felt really guilty\n4. I was paranoid that she was going to wake up as she almost did when I was digging her wallet out of her purse—she sounded like she wasn’t in deep sleep anymore\n\nLooking at the non-user-friendly, over-the head-of-a-7th-grader search results and shaking like a leaf because of the list above, I conceded and tiptoed to put my moms wallet back...\n\nI forgot about crypto until it was reintroduced to me December 2017…smh.I was so young at the time that I probably would have left what I purchased on the exchange and it would have gotten stolen anyway… or forgotten the password to whatever storage alternatives they had back then… but then again maybe not. Maybe I would have learned enough to keep what I purchased safe...\n\n\\sigh\\ this close 🤏\n\nNow that I am reflecting on this moment again, I think there is a strong possibility that that teacher is now a billionaire. Looking in hindsight, she seemed to know a lot about it for that time—and saw the value in it. That makes me feel better. Most of the kids at that school were very mean to her and would not listen to her. Wow, after many years of anguishly reflecting on my own brush with enormous wealth, this new thought I had while typing finally gives me a little peace about it. If she is, she deserves it!! She was treated so badly…\n\nMrs. Morales / former Mrs. Morales (I think she got divorced)—if you’re out there…and you find it in your heart… send a blessing my way please. Lol', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/', '1b55ivz', [['u/NotThisAgain21', 17, '2024-03-03 03:32', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/kt3dewf/', 'This is a cute post.', '1b55ivz']]], ['u/dyzo-blue', "Why do the Butters that come into this sub seem so angry? Aren't they all becoming filthy rich?", 219, '2024-03-03 03:16', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/', 'Screaming at us that we need to "learn the difference between creepto and Bitcoin!"\n\nOr telling us we must "read Saifedean Ammous, or just continue to be ignorant about economics!"\n\nOr "you guys will all have to buy bitcoin at the price you\'ll deserve!"\n\nNone of it seems very zen. If I was certain I was about to turn $10k into $10m, I think I\'d just chill and smile while my "investment" goes parabolic. \n\nWhy would I care if a bunch of randoms on reddit think I\'m dumb? Why would I be angry at them for missing out?', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/', '1b55qx2', [['u/GunNNife', 127, '2024-03-03 03:30', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3d6h3/', "Yeah, I don't get it either. They're all living their best lives riding the Bitcoin wave to a better tomorrow. Meanwhile we are weeping and gnashing our teeth whilst we seethe and cope. Why would they descend from their mansions to pick fights with us, the dumb-dumbs who missed out?", '1b55qx2'], ['u/Far_Breakfast_5808', 22, '2024-03-03 03:34', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3dq3m/', "I think BTC, and specifically the idea of HODLing and liking when number goes up, attracts the same kind of person who'd be assholes in real life. There's a reason why most BTC fans are libertarians, and why many of them are also gold standard supporters.", '1b55qx2'], ['u/Jojosbees', 82, '2024-03-03 03:36', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3dzy2/', 'We’re spreading FUD when they need the hype to pump their bags. If enough people stop believing in Bitcoin, then Bitcoin will become the price they deserve.', '1b55qx2'], ['u/Legendventure', 87, '2024-03-03 03:39', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3eh2k/', "Because they invested 500$ and saw line go up. They need line to go to moon to buy lambo from the initial 500$\n\n99% of the people who made money off bitcoin don't bother to post about it, its only the irrational idiots who aren't going to make bank get angry when they realize no lambo, no lording over people.\n\nI remember some dude saying that he's gonna be chilling on the beach handing out sat's as donations while sipping pina colada's. Dude was absolutely unhinged, I checked his profile out, he was posting heavily on the uber and postmates sub. That guy was not getting rich off bitcoin, he was fantasizing some scenario where bitcoins become the form of wealth and what meager amounts he bought would give him power over people. Just .. sad.", '1b55qx2'], ['u/robertjuh', 20, '2024-03-03 03:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3fruj/', 'Warning, they are morons', '1b55qx2'], ['u/Mysterious_Tip8793', 11, '2024-03-03 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3gdrh/', "They can't even convince themselves that they are making the right choices with BTC, so they need constant reassurance from other sources, or else their doubts will tear them.", '1b55qx2'], ['u/daniel_bran', 41, '2024-03-03 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ggvm/', 'but they just can’t seem to withdraw it from coinbase. Look at latest post from coinbase sub Reddit. The guy has 200K frozen and can’t take it out.', '1b55qx2'], ['u/UniqueID89', 16, '2024-03-03 03:57', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3gxhc/', 'Internet validation because they can’t get it anywhere else. “I was right in this one specific timeframe! Don’t y’all feel foolish now!?” No, no I don’t.', '1b55qx2'], ['u/BellacosePlayer', 32, '2024-03-03 03:58', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3h67a/', "you're telling me that putting my money on unaccountable shady exchanges that don't have to follow financial regulations... can have downsides?!", '1b55qx2'], ['u/VintageLunchMeat', 30, '2024-03-03 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3h8ta/', "Huh.\n\n---\n\nCoinbase Account Blocked With Over $200k Inside!\n\nSo I've found myself in the nightmare situation so many are talking about here. I've been a Coinbase customer since 2014, have over $200k in crypto in my CB account and I've been blocked since yesterday. No warning, zero communication, not even any reassurance that my crypto is safe.\n\nI have already submitted a support ticket, a formal complaint with support, and have tried to call their support phone line but I can't get through to a real human.\n\nAnyone else that's been through this - how long did it take you to regain access to your account and what was the resolution? The most frustrating thing is the lack of communication and timeline.\n\nI'm considering taking legal action now rather than waiting it out, as it seems there are people here who have been waiting 3+ months which is simply unacceptable to me with such a large amount of money. For those that got lawyers involved, did it speed up the process? I just don't want to end up in the same situation as many people here, waiting for months on end without any end in sight. Any advice would be greatly appreciated.", '1b55qx2'], ['u/SilentButDeadlySquid', 35, '2024-03-03 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ha0k/', 'I started, I think last week, saying I’m richer than I ever thought I would be and it pisses them off to no end. I had a guy DM just to call me a pedo over and over again.\n\nNotice I don’t say how rich that is (I have 0 lambos) nor do I expect anyone to believe it (nor care if they do). But the reaction has been interesting, I think because they believe such a thing is impossible without Butts.', '1b55qx2'], ['u/BellacosePlayer', 12, '2024-03-03 04:03', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3hr0v/', "They want validation.\n\nPersonally, I'd just be happy with the money.", '1b55qx2'], ['u/spookmann', 19, '2024-03-03 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ic01/', "For them, it's not enough that they benefit from this chance to be rich.\n\nIt is also necessary that this opportunity will never be repeated, so that future generations are screwed.\n\nAnd finally, it's essential that those who weren't tempted by this gamble should be financially ruined, and that we be sorry for ever doubting them.", '1b55qx2'], ['u/strangeweather415', 57, '2024-03-03 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jdik/', 'It’s really fun to look through the profiles of these types, because the person you described is like 90% of them. It’s really, really funny when they also come here talking computer science and you find out they are in high school or think playing video games is equivalent to my 20 year career in software development. There has been exactly one boaster that has come here that showed me any real, respectable, proof of gains (even signed a message on-chain to prove it) but was still no where near my pretty weak 401k balance at the time.', '1b55qx2'], ['u/strangeweather415', 23, '2024-03-03 04:16', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jnpf/', 'It’s almost as if wildcat banking and trustless schemes are bad ideas. If only society had learned. Alas.', '1b55qx2'], ['u/strangeweather415', 14, '2024-03-03 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jvvj/', 'That is the most blatant sell signal on earth lmao.', '1b55qx2'], ['u/CryptoEmpathy7', 31, '2024-03-03 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jx8j/', "LOL. It's in Coinbase's TOS that they can suspend, lock and freeze your account for any reason they decide. But hey what do we know?", '1b55qx2'], ['u/jmradus', 24, '2024-03-03 04:20', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3k78j/', 'Reminds me of when Peter Pan got a bunch of kids to clap and show they believe in fairies.', '1b55qx2'], ['u/uninhabited', 38, '2024-03-03 04:22', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3kfir/', "Well they're all HODLing so can't rub two quarters together. Actual fiat, the stuff you need to use to buy burger or godforbid there is a healthy butter out there - fruit and veggies, is stolen from their momma's purse while she's at church, panhandled outside of a Five Guys Burger joint or received from dear old uncle arnold for helping him unzip for a pee because of his 'alleged arthritis'", '1b55qx2'], ['u/jmradus', 22, '2024-03-03 04:23', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3kl2c/', 'When I was still talking to the only really pro-crypto person in my life he kept making statements (to me, who is gainfully employed…) about “what else am I going to do, work until I’m old!?” and I just genuinely don’t get why he thought I’d be sympathetic to that. Dickhead bought BTC pretty early because he was living literally with his mom, who was doing his laundry and waiting on him hand and foot, and collecting his dad’s social security check. Since then he’s had zero good luck or good ideas, why is that a sympathetic story?', '1b55qx2'], ['u/strangeweather415', 23, '2024-03-03 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3l9gm/', 'We aren’t the sub that stickies posts of suicide hotlines, and I have seen exactly no one crying about you doofuses handing shady people real money for magic internet money.', '1b55qx2'], ['u/DiveCat', 12, '2024-03-03 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3m7it/', 'It’s post after post of problems on that sub for the last few days of people locked out of their accounts, who have lost transactions, been charged larger fees, have accounts showing “0”. \n\nWhat a coincidence all these problems that would prevent someone cashing or transferring out started when BTC was starting pumping. 🤔', '1b55qx2'], ['u/VintageLunchMeat', 16, '2024-03-03 04:37', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3mfaq/', "Yes, but the terms of a contract or TOS don't protect against fraud charges or so on, if a judge buys your lawyer's arguments.\n\nSame with what might be in the fine print of a lease or fiat financial instrument.", '1b55qx2'], ['u/amprok', 16, '2024-03-03 04:42', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3n6eu/', 'Check out their profiles. They’re always awesome. Like I def want to take financial advice from these people.', '1b55qx2'], ['u/Bag_of_Meat13', 19, '2024-03-03 04:46', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nnfd/', "I get why. I used to fuck with this stuff and know guys who do.\n\nIt's as simple as they don't understand why number go up.\n\nAnd when they do...if they ever do....they pull the fuck out and never look back. \n\nThe ones who come here are kidding themselves that they've made an investment.\n\nThe ones who come here aren't honest about what it is to us or even themselves. And I would be too if I still had money in this dumb fake shit.", '1b55qx2'], ['u/CryptoEmpathy7', 14, '2024-03-03 04:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nww6/', '\n...but CryptoBros scream "not your keys not your wallets, never trust centralization" yet they keep $200K USD sitting on their CoinBase account which has an airtight TOS set to completely be against the customer. \n\nThey can cite whatever they want even the use of a VPN as being an attempt to defraud. All of the power is within CoinBase\'s hands. I\'m notating the juxtaposition of "never trust a bank," yet they keep hundreds of thousands on a crypto exchange? 🤣', '1b55qx2'], ['u/BarryTheBaptistAU', 14, '2024-03-03 04:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nyvy/', 'There was one dude yesterday that was exploding at people\'s comments and he clearly had a case of \'roid rage or micro-penis....then went on to brag about having 100\'s of millions of "your useless fiat dollars".\n\nI would\'ve thought that even if he had a single million dollars of useless fiat, he\'d be out living life and enjoying the spoils of war, but chooses instead to hang around a Reddit sub and rage on literally everyone.\n\nTalk about a broken unit.', '1b55qx2'], ['u/daniel_bran', 10, '2024-03-03 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3qm1r/', 'Coinbase is insolvent that’s why', '1b55qx2'], ['u/Hyndis', 25, '2024-03-03 05:19', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3rvv5/', "> 99% of the people who made money off bitcoin don't bother to post about it\n\nThats because they already got rich and cashed out so they have no more need of greater fools.\n\nPonzi schemes actually do make some people extremely rich. The problem with Ponzi schemes is that by the time you hear about it, the core group is already established and is already getting rich from a rush of greater fools also wanting to be rich, so by the time you hear about it they're looking for more fools.\n\nThe reason why the people who joined later are so loud about it is that they're desperate to find enough fools to let them cash out, but the entire problem with Ponzi or pyramids schemes to begin with is that it doesn't scale beyond the first small group of people. They get rich. Everyone else gets hosed.", '1b55qx2'], ['u/sprcow', 28, '2024-03-03 05:21', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3s34u/', 'It\'s funny how, if you regularly take some money and put it into index funds or something, and also have a real job where you get paid enough money to meet expenses, you become at least a little richer every year. It\'s no moon, but that\'s definitely counterbalanced by the "not losing everything" aspect of it.', '1b55qx2'], ['u/strangeweather415', 15, '2024-03-03 05:23', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3setv/', "That's a bold claim, and while I would laugh my ass off if it comes to be known as true, I am not prepared to speculate on their solvency. Coinbase has to file public documentation on their operations as a publicly traded company, and something like this would be a gigantic scandal that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen stuck near the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - eased 0.07% to 103.79 in early Asian trading, bringing it closer to the bottom of the 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.19% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s annual testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar declined 0.09% to 149.99 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nElsewhere, the euro was little changed at $1.08425, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nBitcoin was last trading about 1.5% higher from Sunday at $63,500, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)', '(Bloomberg) -- Apple Inc. was removed from Goldman Sachs Group Inc.’s list of top buys after underperformance in its stock amid concerns over weak demand for its key products.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe iPhone maker had ranked in the 20-25 member “Directors’ Cut” version of Goldman’s conviction list since it was unveiled last June. Its share price is little changed in that span while the S&P 500 Index has jumped almost 22%. Apple dropped 0.6% Friday after its removal from the list.\nApple has lagged its Magnificent 7 peers even more dramatically, trailing all but Tesla Inc. Concerns of a prolonged iPhone sales slump have been the main culprit, particularly as China’s economic troubles continue.\nGoldman said its Directors’ Cut list is reviewed monthly, with stocks being removed if they are “no longer a top investment idea”. Analyst Michael Ng maintains a buy rating on Apple on the belief that “the market’s focus on slower product revenue growth masks the strength of the Apple ecosystem and associated revenue durability & visibility,” the broker’s report said.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', '(Bloomberg) -- Prada SpA should confirm the resilience of demand for luxury brands in Asia when it reports earnings, shrugging off lukewarm consumer sentiment in China.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nJapan has been among the world’s strongest luxury markets as a weaker yen attracted tourists looking for bargains and domestic demand remained solid. Strong earnings at LVMH Moët Hennessy Louis Vuitton SE, Richemont and Hermes International SCA were all underpinned by growth in Japan. Luxury sales across Asia also held up, defying the sector-wide cyclical downturn as Chinese shoppers hold back and growth slows in other key markets.\nWhile affluent Asians ramped up spending, the broader population tightened purse strings, particularly in China. Online retailer JD.com Inc. may post its slowest annual revenue growth since at least 2015, Bloomberg’s estimates showed. Advertising revenue growth at Chinese online video platform Bilibili Inc. should also decelerate this year due to macroeconomic headwinds, said Alex Poon, an analyst at Morgan Stanley.\nJD.com responded to Alibaba Group Holding Ltd.’s price cuts in cloud computing services with its own sharp reductions, an aggressive round of competition that will erode profits at China’s leading technology companies.\nHighlights to look out for:\nWednesday: JD.com’s (JD US) slowing growth comes as economic headwinds in China, its biggest market, dent consumer sentiment. The company has said it’s considering making a bid for UK electronics retailer Currys Plc. A deal could bring some synergies as JD.com is also a major player in consumer electronics retail, analysts including HSBC’s Charlene Liu said.\n• SJM Holdings’ (880 HK) fourth-quarter revenue is estimated to surge more than fourfold. The casino operator will likely see annual Ebitda turn positive for the first time in four years as its Grand Lisboa Palace property in Macau attracts more traffic. Its gross gaming revenue for the quarter should outpace Macau’s casino industry on a sequential basis with Grand Lisboa Palace continuing to ramp up operations, said Bloomberg Intelligence analyst Angela Hanlee.\nThursday: Prada’s (1913 HK) annual earnings jumped, consensus shows, driven by growth in the Asia-Pacific region, particularly Japan, while Americas revenue probably slid. The main Prada brand remained steady, while Miu Miu likely grew the fastest. Analysts at Morningstar expect the company’s growth over the next decade to be driven by its brand strength, while rising global incomes buoy the luxury industry. Prada was ranked top of the Lyst Index of luxury’s hottest brands for the fourth quarter and was in the top four for the year, according to BI.\n• MTR’s (66 HK) transport operations revenue probably rose last year as railway services stabilize, though analysts at Jefferies said higher costs for hiring and utilities slowed segment recovery. The gloomy economic outlook in Hong Kong and China may weaken demand for its home projects and see more price cuts. Persistent rise in operating costs may also weigh on margin recovery, BI noted.\n• PLDT’s (TEL PM) full-year earnings were probably supported by the resilient fiber business and a stabilizing mobile market, BI said. The company’s efforts to lower operating costs which include manpower cuts may keep Ebitda margin at about 50%, it added.\n• Bilibili’s (BILI US) fourth-quarter loss is expected to have halved as the company expands its user base and boosts revenue. BI analysts Robert Lea and Jasmine Lyu expect Bilibili to maintain its position as the go-to platform for advertisers looking to reach China’s Gen Z, while Morgan Stanley expects slower growth in the year ahead due to macroeconomic headwinds. The company is expected to turn profitable in the last quarter of 2024.\n(Updates throughout.)\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It\'s up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week.\nThe rally has come in tandem with records tumbling on stock indexes from Japan\'s Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower.\n"In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets.\n"We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It\'s up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week.\nThe rally has come in tandem with records tumbling on stock indexes from Japan\'s Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower.\n"In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets.\n"We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)', 'Dogecoin (DOGE)has skyrocketed over 77% this week, riding a wave of positive sentiment across the cryptocurrency market. The recent rally coincides with increased DOGE accumulation among large investors, known as "whales."\nThe number of addresses holding over 100,000 DOGE hasrisensince January, while there\'s been a slight decrease in addresses holding over 1 million DOGE. This suggests that traders on exchanges, often represented by these larger addresses, are accumulating DOGE rather than actively trading it.\nFurthermore, Dogecoin\'s price surge aligns with historical trends observed before previous Bitcoin halvings. The upcoming halving, scheduled for April 19, 2024, could be driving interest in DOGE, as some traders seek alternative investments for potentially higher short-term gains in anticipation of the event and its impact on the broader market. This aligns with similar price increases observed before the previous two Bitcoin halvings, where DOGE rose 200% and 50% respectively.\nSimilar trends are playing out in other memecoins like Shiba Inu, Pepe, and Bonk, all demonstrating significant gains in the lead-up to the halving. This suggests a broader memecoin rally, possibly fueled by anticipation of increased market activity surrounding the Bitcoin halving.', "NEW YORK,March 4, 2024/PRNewswire/ --Cryptomeme coins prices are exploding: Pepe is up 325% over the past seven days, Dogwifhat 418%, Shiba Inu 128% and newcomerSmogup 118%.\nOverall the market capitalization of the meme coin sector has advanced 15% over the past 24 hours alone, to clock in at$46 billion.\nThere are no signs of the buying frenzy easing. Dogwifhat's price has risen 46% in the past 24 hours – that's indicative of the continuing allure ofSolanameme coins and augurs well for $SMOG. So too does the stellar performance of another newcomer, PepeSol, which has gained 1,075% in the past few hours.\nLike PepeSol, Smog is a SOL meme coin, which looks to be the blockchain the smart money is gravitating to in this red-hot market.\nWherebitcoingoes,altcoinwill follow by playing catch-up\nAltcoinseason is well and truly upon us and what market participants new to the game need to appreciate is that whenbitcoinraces towards a new all-time high at the speed it is currently doing, then it is catch-up time down below.\nThe place where buyers are doing most of the fishing to catch top ROI is among the alpha-rich meme coins.\nStill, there are at least two other factors in play that new coins likeSmoghave going for them that older meme coins don't.\nSolanameme coin dragon token $SMOG has the airdrop to beat them all, including Dogwifhat\nFirst, there is theSolanafactor. Despite teething problems with its blockchain, SOL is standing tall and attracting more and more activity, with meme coins the latest to jump on board.\nAccording toDappRadarSolanais the busiest blockchain in the past seven days when measured by transaction volume. It rang up 98 million transactions compared toEthereum's 1.2 million. By a country mile,Solanais a faster and cheaper Layer 1 to run on thanEthereum, and indeed many other so-calledEthereumkiller Layer 1s.\nSmog is making use ofSolanato build out its mysterious hidden community of dragon followers that it is growing through the gamification of its mega airdrop campaign. whichSolanaairdrop searchers can get involved in by buying Smog and heading over to its Zealy page.\nThe HOTTESTSolanaAirdrop Ever 🐲 Smog TokenCryptoReview\nSecondly, because$SMOGis such a new coin – only 25 days old – it has a much better chance of pulling in the new money because it has greater upside ROI potential than relative oldies such as Shiba Inu andDogecoin, and even the likes of Pepe.\nIn fact, Smog looks set to follow the trajectory ofSolanameme coin stablemate Dogwifhat, which has seen its price explode 11,000% and is on a parabolic run right now. Likewise, Smog is tracking an impressive path higher, up 7700% since launch onFebruary 7th.\nDebuting on DEXs at a low price of$0.001419, the dragon-themed meme coin is currently valued at$0.1178. The diluted market cap based on the circulating supply of 770 million is$90 million.\nAccording toDEXTools data, the Smog Token has attracted more than 39,500 holders, with liquidity in the Raydium pool surging to$2.18 million, making trading a seamless process.\nFueling the buying interest in $SMOG is the 35% of the 1.4 billion token supply that is being distributed to participants.\nNot surprisingly perhaps, in double-quick time the Smog community has grown toX/Twitteron31.3k,16500 onTelegram, and 8,504 on itsDiscordserver.\nThere are nowairdrop 14,000 airdrop members on Zealyavailing themselves of the opportunity to grab tokens by completing quests (tasks) to earn points for the upcoming $SMOG airdrop. The number of tasks completed is approaching half a million.\nParticipants have myriad ways to earn airdrop points. Sign up for theSmog Tokencommunity socials, trade $SMOG, embark on daily, weekly and monthly quests, write bullish comments on CoinMarketCap, and a smorgasbord of many other activities.\nSMOG on Zealy:https://zealy.io/cw/smogtokenairdrop/questboard\nAltcoins playing catch-up withbitcoinso there is plenty of headroom for $SMOG buyers\nA third incentive for buyers relates to thealtcoinseason.Bitcoindominance in the overallcryptomarket is still a relatively high 49.7%. That means there is a lot of catching up for altcoins to do, providing those entering the market at this point with the comfort of knowing there is plenty of headroom going forward.\nIf market participants are still looking for reasons to join the party, another string to the Smog bow provides a fourth reason to be cheerful – its multichain architecture.\nThrough the deployment ofWormholetechnology and the services ofPortalBridge.com, Smog became a cross-chain platform shortly after its launch ondecentralizedexchanges.\nFurthermore, not only has$SMOGcaught the eye ofcryptoaficionados for all of the reasons explored above, but it was also a fair launch. All the tokens were on sale to the general public, with no supply allocated to team-member insiders at preferential rates.\nAnother nice touch is the way the team is spreading the airdrop dragon vibe by targeting the wallets of high-value holders of other projects such as Bonk, Dogwifcoin, MYRO, and Samoyed coin, to the tune of$1,500.\nBuy and stake Smog OTC for 10% discount, 42%\xa0APY and more airdrop points\nFinally, market participants can buy and stake $SMOG over-the-counter (OTC) directly on theSmog website. Contributors receive a 10% discount, in addition to earning an annual percentage yield (APY) of 42% and more airdrop points.\nAlthough $SMOG is a multichain coin that exists as bothSolanaandEthereum-based versions, staking is with the ERC20Ethereum-compliant version of the token.\nTo participate in theSmog ecosystemrequires the use of aSolana-compatible wallet such as Phantom.\nUsing SOL, USDT, or BONK tokens, users can swap forSMOGvia theJupiter DEXaggregator orBirdeye. Alternatively, buy and stake $SMOG on theEthereumnetwork at the project website –smogtoken.com.\nJoin the Smog community onX (Twitter),Discord, andTelegramto keep up to date with the latest news and updates.\nTheBitcoinprice is printing$62,825at the time of writing, and meme coins are on a tear. Against this portentous background, $SMOG is shining bright as theSolanaecosystem flashes green.\nContacts:Gary McFarlane,[email protected],\nPhoto:https://mma.prnewswire.com/media/2353165/smog_token_airdrop.jpg\nView original content to download multimedia:https://www.prnewswire.com/news-releases/crypto-meme-coin-prices-surge-dogwifhat-explodes-418-and-smog-sol-token-pumps-112-302078063.html\nSOURCE SMOG Token", '(Updates prices as of 0530 GMT; Adds additional analyst comments)\nBy Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted within a tight range on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen fluctuated around the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - was little changed at 103.85 as of 0530 GMT, oscillating narrowly in the bottom half of it 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.2% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar added 0.1% to 150.28 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nPolicy makers have repeatedly stressed the need to see continued wage growth, and the outcome of crucial spring salary negotiations will be known on March 13 for Japan\'s biggest firms.\n"The March meeting is live," said Shoki Omori, chief Japan desk strategist at Mizuho Securities.\n"I wouldn\'t say (a rate hike) is probable, but the BOJ is more flexible now" on the timing of an exit from stimulus, he said.\n"Shunto results are likely to come out on the better side, and if the U.S. data is strong, it\'s really good timing for them just to move ahead."\nElsewhere, the euro was little changed at $1.08435, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nSterling rose 0.08% to $1.2663.\nBitcoin was last trading about 1.2% higher from Sunday at $63,350, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise came in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds after their approval earlier this year.\n"When I look at the Bitcoin futures chart, I see a tired market that doesn\'t quite have the willpower to reach for 69k right now," said Matt Simpson, senior market analyst at City Index.\n"I\'m not saying this is a market to short, but I would be wary going long at these highs."\n(Reporting by Kevin Buckland; Additional reporting by Ankur Banerjee; Editing by Jacqueline Wong and Michael Perry)', '(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. rose to its highest-ever level, tracking a global rally in chip stocks fueled by optimism about artificial intelligence.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe world’s top chip foundry jumped 5.2% to close at NT$725 in Taipei on Monday, a record since its stock listing in 1994. The surge lifted its market capitalization to $597 billion, one step closer to reclaiming a spot in the world’s 10 most-valuable companies.\nRead: TSMC Close to Rejoining World’s 10 Biggest Stocks Amid AI Rally\nTSMC has soared over 22% so far this year, helping the local benchmark Taiex Index also reach a record high. The main supplier to Apple Inc. and Nvidia Corp. is considered a key beneficiary of the ongoing AI boom, with its executives expecting a return to solid growth this quarter amid signs of a demand recovery. Nvidia’s upbeat results last month further cemented investor optimism about the sector.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', "The property market is in focus today after Nationwide reported the first rise in prices in over a year and Rightmove posted annual results.\nOther companies reporting today include coursework publisher Pearson, while ITV has sold its 50% stake in BritBox to BBC Studios for £255 million.\nMeanwhile, European stock markets are higher after Wall Street trading was lifted by hopes for a summer cut in US interest rates.\nFriday 1 March 2024 12:53,Simon Hunt\nMidway through the day’s trading session in London, Pearson is one of the biggest risers, with the education giant’s share price up almost 4% on the back of its improved profitability.\nOnline grocery store Ocado is the FTSE 100’s biggest loser, reversing yesterday’s gains, amid reports its low-cost rival istaking on hundreds more delivery driversto claw market share.\nMeanwhile, Bitcoin continues its strong rally, and is now on the cusp of breaking its all-time high.\nHere’s a look at your key market data this afternoon.\nFriday 1 March 2024 12:13,Simon Hunt\nMarks & Spencerhas won the right to demolish one of its flagship stores on Oxford Street after aHigh Courtjudge ruled the Government made a series of blunders while trying to block the plans.\nThe retail giant wants to flatten\xa0and\xa0rebuild its store at Orchard House, near Marble Arch, to make way for a new nine-storey building that would include retail space, a cafe, a gym\xa0and\xa0an office.\nLevelling Up SecretaryMichael Goveintervened to block the plans, arguing the building should be refurbished rather than demolished\xa0and\xa0that demolition would negatively impact nearby heritage assets including the Grade II* listed Selfridges store directly opposite.\nHowever High Court judge Mrs Justice Lieven ruled on Friday in favour of Marks & Spencer, delivering a damning judgment that the Government had misunderstood planning policies and made a series of flawed or unexplained decisions.\nRead more here\nFriday 1 March 2024 10:31,Michael Hunter\nShares in Rightmove, one of the UK’s biggest property websites, were under pressure today after it predicted a fall in customer numbers.\nIt said “customer numbers are likely to drop slightly” in 2024 “given the ongoing uncertainty in the macro environment”.\nTraffic for 2023 fell, by almost a billion minutes spent on the site, which is often the first step taken by many buyers towards home ownership, as the 2023 housing market slowdown took hold.\n“Consumers visited the Rightmove platform over 2.2 billion times during 2023 (2022: 2.3 billion) and spent over 15.4 billion minutes searching and researching properties (2022: 16.3 billion).\xa0 The reduction in both visits and time since 2022 reflects the more challenging market during 2023, however both metrics are well above pre-pandemic level.”\nThe company’s profit for the year rose 7% to £265 million from revenue of £363 million, up 10%.\nIt said it would accelerate its move into “strategic growth areas”, including “\xa0commercial real estate, rental services and mortgage lead generation.”\nRightmove’s stock fell 17p to 549p, a drop of 3%.\nFriday 1 March 2024 10:08,Graeme Evans\nITV jumped 14% or 8p to 63.9p following this morning’s deal to offload its entire stake in streaming service BritBox International for £255 million.\nThe operation has about 3.2 million subscribers, having launched in North America in 2017 as a joint venture between ITV and the BBC.\nITV intends to return the proceeds to shareholders through a share buyback, which it expects to launch after next Thursday’s full year results.\nThe sale lifted ITV’s valuation to its highest of this year and came during a strong session for the FTSE 250 index, which added 0.6% or 110.15 points to 19,165.02.\nThe market mood was helped by Wall Street’s optimism of US interest rate cuts by the summer and the resilience of monthly figures from Europe’s manufacturing sector.\nThe FTSE 100 index barely moved in February but started the new month on the front foot after a rise of 0.7% or 56.51 points to 7686.53.\nCoursework publisher Pearson led the top flight, up 51.4p to its highest level in a decade at 1012p after new boss Omar Abbosh included a fresh £200 million share buyback alongside 31% rise in operating profits to £573 million.\nHe said Pearson had a stable platform for continued growth “that can benefit from the inflection point we see with the development of AI”.\nFriday 1 March 2024 08:26,Graeme Evans\nITV shares have jumped 14% or 7.7p to 63.7p after the broadcaster sold its entire 50% interest in digital subscription streaming service BritBox International to BBC Studios for £255 million.\nChief executive Carolyn McCall said the move will enable ITV to focus on its core strategic goals of continuing to build on ITVX's success and growing ITV Studios.\nITV intends to return the proceeds to shareholders through a share buyback, which it expects to launch after next Thursday’s full year results.\nToday’s other big movers included coursework publisher Pearson, with the FTSE 100-listed stock up 3% or 32.8p to 993.4p following its annual results.\nFigures by Rightmove and the engineering firm IMI sent their shares 10p lower at 556.6p and down 42p to 1691p at the bottom of the FTSE 100.\nLondon’s top flight benefited from strong trading on Wall Street and in Asia to post a rise of 46.45 points to 7676.47. The FTSE 250 index lifted 103.02 points to 19,157.89.\nFriday 1 March 2024 08:18,Simon Hunt\nShares in FSTE 100 education giant Pearson rose 3.6% after markets opened to 995p after the firm reported a rise in profitability.\nRevenues at the firm fell to £3.67 billion from £3.84 billion, led by a drop in sales in its virtual learning division.\nPearson’s new CEO, Omar Abbosh, told reporters he would “leave no stone unturned” to seek new avenues for growth and said he was exploring licensing deals with major AI companies over its intellectual property.\nHe said he had yet to have conversations with shareholders about the merits of switching primary listing from London to New York but added he was open to shareholder suggestions.\nFriday 1 March 2024 07:22,Graeme Evans\nThe S&P 500 index is within sight of another milestone after reassuring PCE inflation figures helped the US benchmark to advance 0.5% to a fresh all-time high.\nAnother positive session today would mark 16 out of 18 positive weeks for the first time since 1971.\nMagnificent Seven stocks including Nvidia and Amazon dominated yesterday’s trading after the latest US data raised Wall Street hopes of a summer cut in interest rates.\nThe Nasdaq Composite lifted 0.9% to set a record high, a performance in contrast to London after the FTSE 100 index closed five points ahead and unchanged for February.\nAccording to IG Index, futures markets are pointing to a rise of 50 points to 7680 at the start of today’s session.\nThe Nikkei 225 led a robust performance for Asia markets, with the Tokyo benchmark up 1.9% and the Hang Seng index ahead 0.4% after China’s manufacturing sector figures beat forecasts.\nFriday 1 March 2024 07:07,Michael Hunter\nUK house prices are rising again for the first time in over a year according to an influential survey from the UK’s biggest mutually owned mortgage lender.\nThe Nationwide building society revealed a 1.2% year-on-year rise in house prices in February, the first increase since January 2023. The month-on-month rise was 0.7%\nA slowdown in the housing market during 2023 has been one of the main talking points in the sector. It came as the Bank of England fought runaway inflation with 14 consecutive rate rises, which took interest rates to a 16-year peak of 5.25% by August.\nThe next move from monetary policymakers is expected to be a cut, later this year. But worries that wholesale financial markets have moved too far in factoring one in have pushed the interest rates offered on mortgages higher in the last two weeks.\nFebruary’s rebound compares with a 0.2% drop year-on-year in the previous set of data.\nHouse prices remain around 3% under the record levels seen in the summer of 2022.\nAnd even after the February uptick, Nationwide’s chief economist, Robert Gardner pointed out that “industry data sources point to a noticeable increase in mortgage applications at the start of the year, while surveyors also reported a rise in new buyer enquiries.”\nHe also said: “Industry data sources point to a noticeable increase in mortgage applications at the start of the year, while surveyors also reported a rise in new buyer enquiries.”\nNonetheless, attention remains firmly on the latest trends in mortgage rates being offered to house hunters.\n“Borrowing costs remain well below the highs recorded last summer but, if the recent upward trend is sustained, it threatens to restrain the pace of any housing market recovery,” said Gardner.\nThursday 29 February 2024 23:34,Simon Hunt\nGood morning from the Standard City desk.\nA succession of Conservative Chancellors - and there have been a few - have literally written London out of the script over recent Budgets and other set piece fiscal events.\nIn Jeremy Hunt’s Autumn Statement speech last November the capital got just a single mention - a throwaway reference to a small pot of money being shared with Leeds and Cambridge to unblock planning delays.\nThe truth is that ever since the 2019 election win - delivered to Boris Johnson by the Brexit voting former Red Wall voters of the likes of Bolsover, Wakefield, and yes, Tony Blair’s former redoubt of Sedgefield - London has become the-city-that-must-not-be-named in the highest echelons of Government.\nPolitically it is easy to understand why. There is almost nothing left for the Tories, particularly in central London, where gloomy activists expect to lose almost every seat in the General Election.\nEconomically it makes far less sense. In a depressing era of low growth and productivity, London stands head and shoulders above the rest of the country. Output per hour is 30% higher in London than the UK average, and London’s half a trillion pound economy - more than the GDP or Belgium or Argentina - will grow at a forecast average of 1.5% over the next decade. Not good enough, but a long way ahead of any other region.\nIf the UK is ever to find a way out of the economic morass it is stuck in the escape will be led by London.\nHere’s a summary of our top headlines from yesterday:\n• LSEG boss sees “encouraging IPO pipeline”after dismal period for flotations as he urges more UK pension funs investment in UK equities\n• BA’s owner IAG makes record Euros3.5 billion profitas leisure passengers flock back to the skies. BA lands Euros1.4 billion operating profit\n• Ocado narrows losses to\xa0 £403 million as rival Iceland recruits 250 new delivery drivers\n• Hammerson says city centres recovering\n• Schroders profits slump by £100m to £487m in what CEO Peter Harrison calls “one of the most challenging years for global active asset managers in recent times”.", '\nUK Blue chip stock lag EU peers: https://reut.rs/49uznej\n\nNikkei clears 40,000, S&P 500 futures flat\n\nFed\'s Powell, ECB meeting to help refine rate outlooks\n\nU.S. Feb payrolls, China stimulus measures in focus\n\nOil prices up as OPEC+ extends output cuts\n(Adds quote in paragraph 5, updates prices throughout)\nBy Nell Mackenzie and Wayne Cole\nLONDON/SYDNEY, March 4 (Reuters) - World shares tipped higher Monday as a mixed European open could not dispel enthusiasm over record heights reached by Japan\'s Nikkei and as investors braced for a week packed with central bank events and major data that could refine market wagers.\nFederal Reserve Chair Jerome Powell testifies before lawmakers on Wednesday and Thursday, though analysts assume he will stay in wait-and-see mode on policy given recent upside surprises on inflation that have helped temper market rate cut bets.\nThe February payrolls report on Friday could also shift the calculus with forecasts favouring a still-solid rise of 200,000 after January\'s barnstorming 353,000 jump.\n"We are still in an environment of economic improvement. Friday\'s U.S. employment data will tell us a lot about where we are in terms of wage inflation and consumer resilience," said Lilian Chovin, head of asset allocation at the British private bank, Coutts.\n"It will also inform on whether the current narrative is sustainable."\nIn Europe, a UK budget on Wednesday is followed by the European Central Bank\'s latest policy meeting on Thursday. The ECB is considered certain to keep rates at 4.0%, but also lower its outlook for inflation in a nod to eventual cuts.\nEurope\'s broadest index of stocks and the German DAX steadied while the French and UK markets slipped 0.2% and 0.3%, respectively by 0905 GMT.\nOther events of note this week include U.S. President Joe Biden\'s State of the Union address on Thursday, the Super Tuesday U.S. primaries and China\'s National People\'s Congress (NPC) meeting starting on Tuesday which might flag new stimulus measures.\nChinese blue chips were largely flat awaiting some concrete news on any measures.\nThe Bank of Canada also meets this week and the expectation is they stay on hold, with a first cut seen in June or later.\nNIKKEI HEADS NORTH\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, after snapping a five-week winning streak with a slight drop last week.\nJapan\'s Nikkei climbed 0.5% to break 40,000 for the first time, having risen for five weeks straight. Tech darling Tokyo Electron has surged over 50% since the start of the year.\nAn upbeat report on fourth quarter capex out Monday suggested GDP could be revised to positive from negative, meaning Japan was not in recession after all. That added to speculation a strong wage round could lead the Bank of Japan to end negative rates in April.\nS&P 500 futures and Nasdaq futures were trading near flat, having made record closing highs on Friday on upbeat earnings and enthusiasm for all things AI.\nBofA analyst Savita Subramanian now sees the S&P 500 pushing on to 5,400, thanks to solid earnings, though there is a risk of a correction given how far the market has come.\n"The era of lower quality growth where cheap capital and globalization contributed to margins is over," says Subramanian. "Now it\'s time for sustainable efficiency and productivity gains supported by automation and AI."\nIn currency markets, the dollar steadied after some soft U.S. economic data, while the yen firmed ahead of Tokyo consumer price data on Tuesday that is expected to show inflation sprang higher in February.\nThe dollar stood at 150.40 yen, creeping towards last week\'s peak of 150.85. The euro lay flat at $1.0845 after bouncing from a low of $1.0796 last week.\nBitcoin meanwhile scaled a two-year high, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nThe U.S. data surprise had helped gold to a two-month top and the metal was last trading steady at $2,083 an ounce.\nOil prices firmed after OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter.\nBrent rose 42 cents to $83.97 a barrel, while U.S. crude gained 34 cents to $80.31 per barrel.\n(Reporting by Nell Mackenzie and Wayne Cole; Editing by Shri Navaratnam, Christian Schmollinger and Susan Fenton)', '• The average BTC acquisition cost of most addresses is less than the cryptocurrency\'s going market rate.\n• The surge in the so-called "in the money" addresses has bullish implications.\nBitcoin\'s {{BTC}} recent bullish momentum has most bitcoin-holding blockchain addresses sitting on unrealized gains on their investments.\nMore than 97% of BTC addresses are now "in the money," according to data tracked by analytics firm IntoTheBlock. That\'s the highest proportion since November 2021, when the largest cryptocurrency by market value hit a record high around $69,000.\nAn address is said to be in the money when BTC\'s going market rate is above the address\' average BTC acquisition cost. In other words, most holders acquired their BTC below the cryptocurrency\'s current price ofabout $65,000.\nThe data has bullish implications for the market, according to IntoTheBlock.\n"Given the substantial percentage of addresses in profit, the selling pressure from users attempting to break even no longer has a significant effect," IntoTheBlock said in a newsletter published Friday, when BTC traded near $62,000.\n"For newcomers entering the market to purchase coins, they are essentially buying from existing users who are already realizing a profit," IntoTheBlock said.\nBitcoin has risen 54% this year, extending 2022\'s 154% gain, mainly due to strong inflows into the U.S.-based spot exchange-traded funds approved in January. Wall Street\'s embrace of the spot ETFshas skeweddemand-supply dynamics in favor of the bulls, opening the doors for a rally that could propel it toward a new record high. The CoinDesk 20 Index, a gauge of the broader crypto market, hasrisen 37.8%this year.', '• The average BTC acquisition cost of most addresses is less than the cryptocurrency\'s going market rate.\n• The surge in the so-called "in the money" addresses has bullish implications.\nBitcoin\'s {{BTC}} recent bullish momentum has most bitcoin-holding blockchain addresses sitting on unrealized gains on their investments.\nMore than 97% of BTC addresses are now "in the money," according to data tracked by analytics firm IntoTheBlock. That\'s the highest proportion since November 2021, when the largest cryptocurrency by market value hit a record high around $69,000.\nAn address is said to be in the money when BTC\'s going market rate is above the address\' average BTC acquisition cost. In other words, most holders acquired their BTC below the cryptocurrency\'s current price ofabout $65,000.\nThe data has bullish implications for the market, according to IntoTheBlock.\n"Given the substantial percentage of addresses in profit, the selling pressure from users attempting to break even no longer has a significant effect," IntoTheBlock said in a newsletter published Friday, when BTC traded near $62,000.\n"For newcomers entering the market to purchase coins, they are essentially buying from existing users who are already realizing a profit," IntoTheBlock said.\nBitcoin has risen 54% this year, extending 2022\'s 154% gain, mainly due to strong inflows into the U.S.-based spot exchange-traded funds approved in January. Wall Street\'s embrace of the spot ETFshas skeweddemand-supply dynamics in favor of the bulls, opening the doors for a rally that could propel it toward a new record high. The CoinDesk 20 Index, a gauge of the broader crypto market, hasrisen 37.8%this year.', '(Updates to 0910 GMT, recasts with European open)\nBy Kevin Buckland and Alun John\nTOKYO/LONDON, March 4 (Reuters) - The U.S. dollar weakened slightly on Monday, at the start of an action-packed week for markets with Britain\'s budget, a European Central Bank meeting, U.S. jobs data and important political moments in both China and the U.S. all due.\nEyes were also on Bitcoin, which rose to a more than two-year peak above $64,000 after a quiet weekend, pushed higher in recent weeks by big flows into cryptocurrency exchange-traded funds, above all in the United States.\nThe euro was a fraction firmer at $1.08455, sterling was up 0.13% at $1.2670 and the Japanese yen fluctuated around the closely watched 150 per dollar level. The dollar was last up 0.17% at 150.39 yen.\nThat left the dollar index - which measures the currency against six major peers - flat at 103.78, oscillating narrowly in the bottom half of its 103.43-104.97 range of the past month.\n"It\'s going to be a busy week ahead for \'event risk\' in the U.S. and Europe, which could certainly trigger some pick up in volatility from the current very low levels," said Lee Hardman, senior currency analyst at MUFG.\nHe added there were reasons why the major events could, in isolation, each leave markets unmoved.\nIn the United States, Federal Reserve Chair Jerome Powell testifies before lawmakers on Wednesday and Thursday, and then there is U.S payrolls data on Friday, with forecasts pointing to a still-solid rise of 200,000 after January\'s barnstorming 353,000 jump.\nThis week also sees \'Super Tuesday\' for the U.S. presidential primaries.\n"Payrolls could be the bigger mover as Powell is likely comfortable with current market pricing for Fed cuts, while if we get another strong payrolls after the last blowout report that could affect market expectations (for Fed policy)," Hardman said.\nAt the start of 2024, markets were pricing in substantial interest rate cuts early this year, but traders have since reduced such bets.\nPricing in derivatives markets now reflect expectations the first Fed cut will come in June, with three to four 25 basis point cuts this year, not far from the Fed\'s projections published in December.\nAs expectations for other central banks, notably the European Central Bank and Bank of England, have moved in near lockstep, currency volatility - partly dependent on changing interest rate differentials - has been strikingly low, and is at its lowest level since the start of the war in Ukraine.\nThe British budget is due on Wednesday, and Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts. The European Central Bank meets on Thursday.\nMost ECB policymakers have been cautious about suggesting that they will be cutting interest rates soon.\nHardman said last week\'s stronger-than-expected euro zone inflation data meant the ECB would be unlikely to say anything at this week\'s meeting to cause markets to bring forward expectations of the first rate cut, currently seen in June.\nThe Swiss franc strengthened a touch after Swiss February inflation came in a fraction higher than expected at 1.2% compared to the previous year, though still lower than January\'s level and well within the Swiss National Bank\'s 0-2% target range.\nThe currency gave back some of those knee-jerk gains and versus the franc, the dollar was down 0.07% at 0.8824 francs and the euro dipped 0.06% to 0.9566.\nThe Australian dollar was down 0.15% at $0.6516 with traders awaiting local GDP data Wednesday. China\'s annual parliament meeting begins Tuesday, at which authorities will announce the GDP goal and are expected to unveil moderate economic stimulus plans.\n(Reporting by Kevin Buckland in Tokyo and Alun John in London; Additional reporting by Ankur Banerjee; Editing by Michael Perry and Bernadette Baum)', 'Bitcoin\'s recent rally has sparked renewed warnings from Chinese state media about the risks of investing in cryptocurrencies, as interest around digital assets remains strong in the country despite a sweeping ban on crypto mining and trading.\nA rebound in bitcoin prices cannot "hide" the underlying risks of the digital asset, state-owned newspaper Economic Daily said on Sunday.\nWild fluctuations in bitcoin value remain the norm, and cryptocurrencies have yet to enter the mainstream, the article said, adding that regulatory scrutiny of the market remains tight. Investors should maintain a "clear and rational" mindset, it said.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nThe caution comes after the world\'s largest and most valuable cryptocurrency gained nearly 45 per cent in February, reaching its highest level since November 2021.\nThe advance was fuelled by the launch ofspot bitcoin exchange-traded funds in the United Statesin January, as well as bitcoin\'s next "halving" event expected in April, which will cut the reward for mining new bitcoin by half and slow its release into the market.\nThe combination of factors sent bitcoin\'s value to over US$62,500 last Wednesday. And despite a mild drop since then, the Last 60 Days of Bitcoin's Closing Prices:* [44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-04 Financial & Commodity Data: - Gold Closing Price: $2117.70 - Crude Oil Closing Price: $78.74 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,277,514,620,800 - Hash Rate: 508849652.0134983 - Transaction Count: 361258.0 - Unique Addresses: 664743.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. spot Bitcoin exchange-traded funds (ETFs)appear to be on the verge of receiving a final decision, with exchanges filing amended documents suggesting they could expect approval from the U.S. Securities and Exchange Commission (SEC) in the coming days. The amended 19b-4 filings, filed on behalf of BlackRock, Grayscale, Fidelity, and other issuers, join last month's amended S-1 filings, addressing feedback from the SEC. More than a dozen applicants hope to launch the first spot Bitcoin ETFs in the U.S., and it is likely that multiple issuers will be approved simultaneously. Speculation ran high on a potential January 5 decisionby the SEC turned out to be just rumors. However, the SEC is likely to announce the decision before the final deadline for Ark Invest & 21 Shares’ application on January 10, suggesting the regulator may approve all of the final applications it is comfortable with by that date. Grayscale spokeswoman Jenn Rosenthal said in a statement that the filing "is another important step towards uplisting GBTC as a spot Bitcoin ETF." GBTC is Grayscale's Bitcoin trust that it wants to turn into an ETF. Earlier Friday, Bloombergreportedthat the SEC's commissioners were "expected to vote on the exchange-rule filings next week." The SEC needs to approve both the 19b-4 filings and the S-1 filings before the ETFs can launch. The SEC has been considering applications for spot Bitcoin ETFs for several years, but has yet to approve any. The agency has expressed concerns about the volatility of Bitcoin and the potential for manipulation in the spot Bitcoin market. Let us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing\'s plans to support the economy as its week-long annual session of parliament, the National People\'s Congress, got underway.\nEquities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,650.87 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover at that level in the latest session.\nJapan\'s Nikkei slid 0.59% after reaching a fresh peak on Monday, while MSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.4%.\nChinese blue chips lost 0.2%, and Hong Kong\'s Hang Seng slumped 1.3%.\n"China is aiming to lower their fiscal budget to 3% GDP, from a gap of around 3.8% in 2023, suggesting large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making and the announcements so far seem to conform to that philosophy."\nMeanwhile, alternative assets like cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there is no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, was last flat at 103.83. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.08525, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget.\nAgainst the yen, the dollar eased 0.07% to 150.41, giving up a little of Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2 1/2-week lows overnight to sit at 4.217% in Asian time on Tuesday.\nElsewhere, crude oil continued to tick lower on Tuesday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 11 cents to $82.69 a barrel, while U.S. West Texas Intermediate (WTI) eased 19 cents to $78.55 a barrel.\n(Reporting by Kevin Buckland. Editing by Sam Holmes.)', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '(Updates prices as of 0230 GMT)\nBy Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as Beijing did not unveil large stimulus plans to support the economy at the start of its week-long annual session of parliament, the National People\'s Congress.\nEquities markets in the region were already on the back foot following a retreat from record highs on Wall Street on Monday, on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,828 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover near that level.\nThe Chinese government retained last year\'s target for economic growth of "around 5%" for this year, and announced plans to run a budget deficit of 3% of economic output, down from a revised 3.8% last year.\nIt also unveiled plans to issue 1 trillion yuan ($139 billion) in special ultra-long term treasury bonds, which are not included in the budget.\nEarly announcements from the NPC suggest "large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making, and the announcements so far seem to conform to that philosophy."\nThe Shanghai Composite Index was trading flat after recovering early losses, but Hong Kong\'s Hang Seng deepened early declines to slump 2.4%.\nJapan\'s Nikkei slid 0.42% after reaching a fresh peak on Monday.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.7%.\nMeanwhile, alternative assets such as cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there was no urgency to cut interest rates amid the risk inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, edged up 0.02% to 103.86. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.0850, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday. Traders are convinced it will keep rates steady at the meeting, but futures imply an 88% probability that cuts will start in June.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget. Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts.\nAgainst the yen, the dollar was stable at 150.465, following Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2-1/2-week lows overnight to sit at 4.22%.\nElsewhere, crude oil continued to tick lower, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 10 cents to $82.70 a barrel, while U.S. West Texas Intermediate (WTI) eased 17 cents to $78.57 a barrel. ($1 = 7.1975 Chinese yuan)\n(Reporting by Kevin Buckland; Editing by Sam Holmes and Jacqueline Wong)', "Dogecoin (DOGE), the leading memecoin in terms of market capitalization, has skyrocketed 95% in the past week. However, this surge has also coincided with a record-breaking $1.4 billion in open interest on Dogecoin futures, raising concerns about excessive optimism among traders.\nSome analysts believe that Dogecoin is a crucial player in altcoin bull runs, citing its historical performance and position as a top-10 cryptocurrency by market capitalization. Additionally, technical analysts point to similarities between the current price action and past periods of explosive growth for DOGE.\nHowever, the unprecedented level of open interest in Dogecoin futures suggests excessive leverage as traders speculate on potential drastic price movement, as similar situations in the past have been followed by high volatility.\nAnalyzing the perpetual funding rate, a key indicator of leverage demand, reveals that DOGE futures are currently experiencing their highest funding rate in over 18 months. While this suggests bullish sentiment, it's important to note that this metric alone doesn't necessarily signify an unhealthy market. Furthermore, other major cryptocurrencies like Bitcoin and Solana are also experiencing elevated funding rates.", "Taiwan's financial regulator, the Financial Supervisory Commission (FSC), is taking a two-pronged approach to cryptocurrencies: stricter regulations and potential approval for spot Bitcoin exchange-traded funds (ETFs).\nIn September 2024, the FSC plans to propose a new draft of digital asset regulations aimed at bolstering investor protection and overseeing the industry more effectively. This initiative comes amidst concerns regarding the growing connection between digital assets and the traditional financial system, ashighlightedby FSC chairman Huang Tien-mu. Huang also warned investors about potential fraud and emphasized that the new regulations will come with harsh penalties for fraudulent practices.\nHowever, Taiwan isn't solely focusing on tightening the reins. The Chamber of Commerce is releasing a study on spot Bitcoin ETFs in April, suggesting a potential future for these investment products within the country's regulated framework. While welcoming the possibility of domestic spot Bitcoin ETFs, the FSC advises caution against investing in foreign crypto-based products due to regulatory uncertainties.\nTaiwan's commitment to fostering a responsible crypto environment is further evidenced by regulations implemented in September 2023. These regulations require foreign cryptocurrency service providers to obtain approval before operating within the country and were established in collaboration with a newly formed self-regulatory association of major Taiwanese crypto exchanges.", "Taiwan's financial regulator, the Financial Supervisory Commission (FSC), is taking a two-pronged approach to cryptocurrencies: stricter regulations and potential approval for spot Bitcoin exchange-traded funds (ETFs).\nIn September 2024, the FSC plans to propose a new draft of digital asset regulations aimed at bolstering investor protection and overseeing the industry more effectively. This initiative comes amidst concerns regarding the growing connection between digital assets and the traditional financial system, ashighlightedby FSC chairman Huang Tien-mu. Huang also warned investors about potential fraud and emphasized that the new regulations will come with harsh penalties for fraudulent practices.\nHowever, Taiwan isn't solely focusing on tightening the reins. The Chamber of Commerce is releasing a study on spot Bitcoin ETFs in April, suggesting a potential future for these investment products within the country's regulated framework. While welcoming the possibility of domestic spot Bitcoin ETFs, the FSC advises caution against investing in foreign crypto-based products due to regulatory uncertainties.\nTaiwan's commitment to fostering a responsible crypto environment is further evidenced by regulations implemented in September 2023. These regulations require foreign cryptocurrency service providers to obtain approval before operating within the country and were established in collaboration with a newly formed self-regulatory association of major Taiwanese crypto exchanges.", '• Stocks ended mixed on Monday as investors looked ahead to Jerome Powell\'s testimony this week.\n• Fed policy will also be informed by the latest jobs data, set for release on Friday.\n• Nvidia and Super Micro Computer rose over 3% and 19% on Monday.\nUS stocks were mixed on Monday, with limited upside for the S&P 500 and Nasdaq. It\'s a marked slowdown from last week\'s record-setting rally, as investors hold back ahead of key central bank commentary.\nFederal Reserve Chairman Jerome Powell is set to testify before Congress on Wednesday and Thursday. Though markets still expect interest rate cuts tostart in June, his comments could clarify where monetary policy is headed.\n"While a lot of economists are expecting Chair Powell to reiterate many of his comments that he made at the end of the January Fed meeting, there\'s always the potential some surprises which could lead to some volatility," Commonwealth Financial Network Director of Fixed Income Sam Millete said.\nAlongside Powell, this week will also feature other Fed speakers. That includes Philadelphia Fed President Tom Harker on Monday and presidents Neel Kashkari and Loretta Mester later in the week.\nPolicy will further be informed by the upcoming February nonfarm payrolls report, scheduled for release on Friday. Estimates are for 210,000 jobs gained last month, compared to 353,000 in January.\nWhile broader market moves were muted on Monday, tech stocks continued their upswing. ChipmakersNvidiaandSuper Micro Computerled with gains of over 3% and 19%, respectively.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500: 5,130.95, down 0.12%\n• Dow Jones Industrial Average: 38,989.83, down 0.25% (-97.55 points)\n• Nasdaq Composite: 16,207.51, down 0.41%\nHere\'s what else is going on:\n• Bitcoin is rocketing towards its all-time high.Here\'s a breakdownof what\'s behind the surge.\n• The next CPI report couldtrigger the next big sell-off,Fundstrat said.\n• A CryptoPunk NFT justsold for around $16 million.\n• Belief that theAI industry will stay unregulated is fueling the tech rally, Ken Rogoff wrote.\n• Apple\'s stock shed after the EU issued it a$2 billion antitrust fine.\n• The biggestmarket risk is an economy that won\'t slow down, Nouriel Roubini says.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatedropped 1.5% to $78.78 a barrel.Brent crude, the international benchmark, fell 0.85% to $82.84 a barrel.\n• Goldrose 1.4% to $2,125.90 per ounce.\n• The10-year Treasury yieldclimbed three basis points to 4.217%.\n• Bitcoingained 7% to $67,583.\nRead the original article onBusiness Insider', '(Our regular analysis of the wild world of cryptocurrencies)\nBy Jihoon Lee and Jaspreet Kalra\nSEOUL/MUMBAI, March 5 (Reuters) - Bitcoin\'s runaway rally is being driven by investors in Asia.\nTraders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block.\nAsia accounted for $791 billion of the $1.17 trillion worth of bitcoin traded in February, with North American investors lagging way behind with $113 billion, broadly reflecting a trend seen since November, the data shows.\nIn China, FOMO has gripped many small investors frustrated with an anaemic stock market. On popular messaging app WeChat, searches for "bitcoin" jumped 12-fold in February.\n"I want to buy some bitcoin at a good price and hold," Mia Wang, a finance industry employee based in China\'s eastern province of Zhejiang, told Reuters. "It has jumped a lot and is expensive now, but I worry it won\'t have any correction."\nBitcoin is trading at around $65,000 - close to its record of $69,000 - after an eye-popping 148% rise since early October, primarily driven by U.S. regulators approving spot bitcoin exchange-traded funds (ETFs). BlackRock\'s iShares bitcoin trust has been a major beneficiary of such investment flows.\nTraders have also poured into the world\'s biggest cryptocurrency ahead of April\'s "halving" event, which could reduce supply and push prices up. Supply of bitcoin is limited to 21 million, of which 19 million tokens have already been mined.\nThe legality of trading and owning of bitcoin varies across Asian jurisdictions, ranging from Japan which has comparatively liberal regulations to China where there\'s a ban. Spot bitcoin ETFs are banned in South Korea, but local brokers offer easy access to bitcoin futures ETFs.\nKOREA GOES BIG ON BITCOIN\nSouth Korea commands a 10% share of the bitcoin cash tokens and listed futures markets, estimates Hong Song-uk, a cryptocurrency analyst at NH Investment & Securities.\nSouth Koreans have made a net investment of $23.4 million in the U.S.-listed 2X Bitcoin Strategy ETF this year, compared with $25.1 million in all of 2023, according to the Korea Securities Depository. In February, they also invested $6.89 million in Proshares Bitcoin Strategy ETF.\n"Because trading of bitcoin ETFs has been banned here, more and more Koreans are buying bitcoin ETF futures, which is helping with its pop now," said Hong.\nBitcoin trading volumes on Upbit roughly trebled to 67,000 coins last week versus the previous week, the South Korean exchange said.\nYet U.S.-based exchanges such as Coinbase, Bitstamp and Binance, which operate in some Asian markets, continue to have the biggest share of global volumes at 50%, according to research firm Kaiko.\nHong Kong has decriminalised crypto trading over the past year, while allowing bitcoin ATMs and shops to cater to small investors and even offshore Chinese financial institutions.\nThe city\'s largest bitcoin futures ETF, managed by CSOP Asset Management, has seen its assets under management swell five-fold in the past five months to over $100 million.\nThere is also huge interest in India, where several local crypto exchanges operate legally, but more trading is done on offshore exchanges such as Binance and KuCoin which do not levy the 1% transaction monitoring tax that local operators do.\nBetween July 2022 and July 2023, Indians traded crypto worth 350,000 crore rupees via offshore crypto platforms, accounting for more than 90% of the total crypto trading volume by Indians, according to estimates from the Esya Centre, a local think-tank.\n(Reporting by Jaspreet Kalra, Lisa Pauline Mattackal, Summer Zhen, Jason Xue, Cynthia Kim and Jihoon Lee; Graphics by Vineet Sachdev; Writing by Vidya Ranganathan; Editing by Pravin Char)', '(Updates prices as of 0600 GMT)\nBy Kevin Buckland\nTOKYO, March 5 (Reuters) - Most Asian stocks slid on Tuesday, led by sharp declines in Hong Kong as the start of China\'s week-long annual session of parliament disappointed investors with its lack of big ticket stimulus plans to prop up the struggling economy.\nEquity markets in the region were already on the back foot following a retreat from record highs on Wall Street on Monday, amid signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower, as did European futures.\nBitcoin continued its ascent to a fresh two-year peak of $68,828 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover around that level.\nThe Chinese government retained last year\'s target for economic growth of "around 5%" for this year, and announced plans to run a budget deficit of 3% of economic output, down from a revised 3.8% last year.\nIt also unveiled plans to issue 1 trillion yuan ($139 billion) in special ultra-long term treasury bonds, which are not included in the budget.\nMainland stocks reversed early losses with the blue-chip CSI 300 up about 0.45% by 0600 GMT, amid signs of suspected state-backed buying of some exchange-traded funds.\nHowever, that failed to lift other markets in the region with Hong Kong\'s Hang Seng deepening earlier declines to 2.67%. MSCI\'s broadest index of Asia-Pacific shares outside Japan lost 1%.\nThe early announcements from China\'s NPC suggest "large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making, and the announcements so far seem to conform to that philosophy."\nJapan\'s Nikkei erased early losses in the afternoon session, but ended the day slightly down to miss out on a new record high close.\nMeanwhile, alternative assets such as cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there was no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, edged up 0.02% to 103.86. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was flat at $1.0852, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday. Traders are convinced it will keep rates steady at the meeting, but futures imply an 88% probability that cuts will start in June.\nSterling was little changed at $1.2685, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget. Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts.\nAgainst the yen, the dollar was steady at 150.49, following Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2-1/2-week lows overnight to sit at 4.21%.\nElsewhere, crude oil continued to tick lower, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 17 cents to $82.63 a barrel, while U.S. West Texas Intermediate (WTI) eased 25 cents to $78.49 a barrel.\n($1 = 7.1975 yuan)\n(Reporting by Kevin Buckland; Editing by Sam Holmes and Jacqueline Wong)', '• Deribit DVOL index, a measure of expected price volatility over the next 30 days, has surged to an annualized 76%, the highest since November 2022.\n• The surging volatility has some traders “overwriting calls” to generate additional income.\n• Deribit registers decent trading activity in bitcoin calls at strikes as high as $200,000.\nCrypto exchange Deribit’s bitcoin volatility index,DVOL, a measure of how much market participants believe prices will move over the next 30 days, has surged. The jump is good news for bitcoin {{BTC}} holders looking to generate additional income from the options market.\nThe 30-day implied volatility index has risen from an annualized 41% to 76% in one month, reaching the highest since November 2022, per charting platform TradingView.\nA rise in implied volatility positively impacts the prices of options or derivative contracts that give the purchaser the right to buy or sell the underlying asset later. A call gives the right to buy, while a put confers the right to sell.\nThe greater the volatility, the higher the option premium. Thus, elevated implied volatility often has savvy investors “overwrite” or sell call options to generate additional income on top of their spot market holdings. It is one of the mostpopular strategiesin the stock market. The calls are usually sold at levels higher than the underlying asset’s going market rate.\nThe money received as compensation for selling a call or insurance against price rallies is retained if the underlying asset never rises above the strike level at which the call has been sold. The premium represents the additional yield on top of the spot market investment. If the underlying asset’s price exceeds the strike price, the investor must sell the stock while still pocketing the premium received for selling the call. (Traders with no spot market holdings can sell calls, too, but that’s a risky strategy with limited gain and scope for a considerable loss.)\nThe latest surge in the DVOL seems to have revived interest in overwriting calls.\nEarlier on Tuesday, someone sold 250 contracts of $75,000 call options expiring in December, according to Deribit’s Asia business development personnel Lin Chen. The seller received a premium of $4.258 million. On Deribit, one options contract represents 1 BTC.\n“The seller probably has a large stock of BTC in hand and can directly lock in the profit from the selling price of $75,000,” Chen explained.\nOverall activity on Deribit, which accounts for 85% of the global crypto options market, has picked up, with bitcoin surging 58% this year to trade within striking distance from its record highs near $69,000.\nThe combined notional open interest in crypto futures and options segments has surged to a record high of $32 billion, according to data tracked by Laevitas. The options segment accounts for nearly $30 billion of the total tally.\nRecently, the exchange has seen decent trading activity in calls at strikes as high as $200,000. Some expertsforeseebitcoin’s ongoing bullish trend to peak at around $200,000 by September 2024.\n“High strikes are being requested for longer expiries but even for March. There is decent trading in the $200,000 calls in June, Sep and Dec expiries,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk.\n“The ETF-triggered hype is no longer just about BTC passing $100,000, but now even $200,000,” Strijers said.', '• Deribit DVOL index, a measure of expected price volatility over the next 30 days, has surged to an annualized 76%, the highest since November 2022.\n• The surging volatility has some traders “overwriting calls” to generate additional income.\n• Deribit registers decent trading activity in bitcoin calls at strikes as high as $200,000.\nCrypto exchange Deribit’s bitcoin volatility index,DVOL, a measure of how much market participants believe prices will move over the next 30 days, has surged. The jump is good news for bitcoin {{BTC}} holders looking to generate additional income from the options market.\nThe 30-day implied volatility index has risen from an annualized 41% to 76% in one month, reaching the highest since November 2022, per charting platform TradingView.\nA rise in implied volatility positively impacts the prices of options or derivative contracts that give the purchaser the right to buy or sell the underlying asset later. A call gives the right to buy, while a put confers the right to sell.\nThe greater the volatility, the higher the option premium. Thus, elevated implied volatility often has savvy investors “overwrite” or sell call options to generate additional income on top of their spot market holdings. It is one of the mostpopular strategiesin the stock market. The calls are usually sold at levels higher than the underlying asset’s going market rate.\nThe money received as compensation for selling a call or insurance against price rallies is retained if the underlying asset never rises above the strike level at which the call has been sold. The premium represents the additional yield on top of the spot market investment. If the underlying asset’s price exceeds the strike price, the investor must sell the stock while still pocketing the premium received for selling the call. (Traders with no spot market holdings can sell calls, too, but that’s a risky strategy with limited gain and scope for a considerable loss.)\nThe latest surge in the DVOL seems to have revived interest in overwriting calls.\nEarlier on Tuesday, someone sold 250 contracts of $75,000 call options expiring in December, according to Deribit’s Asia business development personnel Lin Chen. The seller received a premium of $4.258 million. On Deribit, one options contract represents 1 BTC.\n“The seller probably has a large stock of BTC in hand and can directly lock in the profit from the selling price of $75,000,” Chen explained.\nOverall activity on Deribit, which accounts for 85% of the global crypto options market, has picked up, with bitcoin surging 58% this year to trade within striking distance from its record highs near $69,000.\nThe combined notional open interest in crypto futures and options segments has surged to a record high of $32 billion, according to data tracked by Laevitas. The options segment accounts for nearly $30 billion of the total tally.\nRecently, the exchange has seen decent trading activity in calls at strikes as high as $200,000. Some expertsforeseebitcoin’s ongoing bullish trend to peak at around $200,000 by September 2024.\n“High strikes are being requested for longer expiries but even for March. There is decent trading in the $200,000 calls in June, Sep and Dec expiries,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk.\n“The ETF-triggered hype is no longer just about BTC passing $100,000, but now even $200,000,” Strijers said.', 'Ethena Labs launches the second epoch of their Shard program, raising the caps forUSDeliquidity poolsand introducing new integrations.Solana’s MarginFi drops their yield-bearingstablecoin, YBX, collateralized by SOLliquid staking tokens. Finally, controversialL2,Blast, is finally live, allowing users tobridgein and interact with applications on the chain.\nTotal Value Locked(TVL) across all chains show no signs of slowing the ascent of the last three weeks, with TVL increase accelerating this week due to the largebullishmove in the markets after theBitcoin ETFssee several days of record inflows. Notable outperformers includeBitcoin, after new inflows from campaigns launched by Bitcoin L2s, Merlin and B2 Buzz, and Coinbase L2,Base, which saw inflows after renewed interest on the chain.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the market heats up, Shoal Research shares their watchlist and the sectors that they are focusing on going into the bull cycle as well as the projects in these sectors:\n• Restaking\n• Solana\n• Decentralized Social Media\n• Intents\n• Telegram Bots\n• Alt L1s\n• AI\n• Modularity\n• Rollups-as-a-Serivce\nEthereumtopdecentralized exchange(DEX),Uniswap, introducesLimit Orders, now live in the Uniswap app. In the same week, they also announcedtheir upcoming wallet extension, the Uniswap Extension, which opens in the browser’s sidebar as opposed to as a popup.\nStablecoin protocol, Ethena, kicks off Epoch 2 of their Shard Campaign, raising caps forsDAIandGHOliquidity pool, USDe lock caps and adding support for depositors of USDe with yield derivative platform,Pendle.\nOther Product Launches and Updates\n• Multi-chainDEX,PancakeSwap, proposes an affiliate program, allowing new DEXs toforktheir code. Holders of theCAKEtoken will benefit from receiving native tokens of successful forks.\n• DeFi suite,Frax Finance, proposes to reintroduce a revenue share for veFXS stakers again, inspired by the recent proposal for revenue share by the Uniswap team.Frax Financerevenue is currently stored in their treasury.\n• Leverageprotocol,Gearbox Protocol, now supports Renzo for leveraged liquid restaking, enabling depositors to earn more points inEigenLayerand Renzo. The strategy currently also yields 2x the usual Renzo points for depositors.\n• Prisma Finance launches new collateral options for ULTRA, their liquid restaking token backed stablecoin. These options include EtherFi’sweETH, Renzo’sezETHand KelpDAO’srsETH.\n• Ethereum privacy layer,Railgun, unveils Railgun Connect, a browser extension designed to easily offer privacy to any user on any DeFi app, without the need for integration from the app.\n• Real-world assettrading platform,Ondo Finance, introduces Ondo Global Markets, a platform which seeks to bring all publicly traded securitieson-chain, while having access to the liquidity from traditional exchanges such as the Nasdaq or the NYSE.\n• Cross-chaininteroperabilitylayer,Wormhole, releases Native Token Transfers (NTT), a flexible and compossable framework to enable the transfer of native tokens across chains without affecting their intrinsic properties. This framework enables integration with any kind oftoken standard, opening the door to a myriad of possibilities.\n• F(x) Protocol releases fxUSD, a stablecoin collateralized by ETH, ETH liquid staking tokens and stablecoins. Users can now deposit supported assets to mint fxUSD. Incentives have also gone live as of 29th February to support the launch.\nThe Blast L2 goes live, unlocking the close to 2 billion in assets that had been locked up during their initialairdropcampaign. Users can now bridge to the chain from a variety of source chains and interact with more than 30 applications that are already live.\nBridging protocol,Synapse, launches thetestnetfor the Synapse Interchain Network and the Synapse Chain. The Synapse Interchain Network is an optimisticproof-of-stakenetwork while the Synapse chain is anOptimistic rollupbased on theOPStack.\nOther Product Launches and Updates\n• Multi-chain spot andperpetualsDEX,GMX, release some of their ideas for 2024, teasing multiple potential ideas for future protocol expansion, including their own native bridge, a PvPautomated market maker(AMM) and aGMXchain.\n• Perpetual andoptionsDEX,Aevo, releases AGP 1.5, an updated proposal to AGP 1 to postpone theirtoken generation event(TGE) to mid March and a reduction of the staking period for sAEVO to 2 months to coincide with the migration fromRBNto AEVO in May.\nMoney marketplatform, MarginFi, introduces YBX, a yield bearing stablecoin backed by SOL liquid staking derivative tokens. The starting supported collateral will includeJitoSOL,mSOL,bSOLand MarginFi’s own LST.\nSolana decentralized infrastructure platform, io.net, launches the Ignition Program, a series of Galxe quests which will lead up to the IO token airdrop, which is expected to be later in the year.\nSolana-based real estate perpetual trading platform, Parcl, announced their upcoming token launch in April, with a planned 7-8% of the token supply to be airdropped to users who have participated in the point campaign.\nETH liquid restaking protocol, KelpDAO, launches the KEP token for claiming. KEP is a representation of EigenLayer points earned by KelpDAO and can be freely traded currently.\nPerpetuals DEX, Aark Digital, announces their upcoming token airdrop, which will go out toTIAandPYTHstakers,JUPholders, and Aark users. Eligible users will have to participate in their Moon Festival, opening 4th March to receive their airdrop.\nInnovative DEX, Ambient Finance, announces the launch of the Ambient Points Season 1, rewarding users with points that are distributed weekly. Retroactive points will also be awarded during Season 1.\nGambleFi platform, Shuffle, announces that their airdrop will finally go live on Monday, 4th March, after 12 months of being live, to reward the users who have supported them.\nJD points out the irony of having a full-blownmemecoinrally weeks after we legitimized the crypto industry with the Bitcoin ETF approvals.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', "Interoperability in\xa0Velo: To Infinity and Beyond\nBANGKOK,March 5, 2024/CNW/ -- As new\xa0blockchains and blockchain-based platforms emerge, it's crucial for these ecosystems to be interconnected, enabling users to seamlessly transfer their assets without complications. Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.\nA significant update within Universe is its support for multiple wallet addresses on a single platform, catering to users who possess multiple wallets across different platforms. This feature is essential for managing diverse assets conveniently.\nFurthermore, Universe is integrating multi-chain login and registration support for networks such asSolanaand Tron, thereby improving Velo's accessibility and usability. Efforts are in place to refactor the user database and management code, ensuring a smooth and secure experience.\nVelo is advancing its blockchain integration by incorporating theSolanaand Tron networks, aiming to offer enhanced deposit and withdrawal functionalities to enrich its ecosystem. This initiative involves deployingSolanaand Tron chain-node and full-node functionalities, thereby broadening the network's diversity and user options. Additionally, Universe is introducing a dedicated user interface (UI) forSolanatransactions, encompassing deposit-withdrawal and account management across Webplus and mobile platforms, ensuring a seamless user experience.\nThis streamlined approach guarantees that Velo's users have comprehensive and intuitive access to a broader range of transaction options, significantly boosting the platform's utility and user engagement.\nThe integration with the Lightning Network marks a significant advancement in improvingBitcointransactions. By implementing Lightning chain-node and deploying a BTC full-node, Orbit aims to streamlineBitcoindeposits and withdrawals, making them faster and more cost-efficient.\nVelo's dedication to ensuring inclusivity and connectivity with other blockchains is evident through the concrete steps it has taken. With aggressive strides towards unlocking the full potential of the Velo Protocol, Velo is poised for significant growth and innovation.\nAboutVelo Labs\nVelo Labsis a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyondSoutheast Asiaand the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network and Lightnet, our licensed settlement partner, position us as a global heavyweight.Velo Labsoffers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.\nFollow us for more info:Twitter/Telegram/Website\nView original content:https://www.prnewswire.com/news-releases/velo-is-enhancing-its-own-ecosystem-through-interoperability-302079526.html\nSOURCE Velo Labs Technology Ltd.\nView original content:http://www.newswire.ca/en/releases/archive/March2024/05/c6257.html", "In case you haven't heard, crypto is back. Continuing its impressive 2023 run, crypto hasn't missed a beat in 2024 and the crypto market has collectively jumped by 35% to start off the new year. By most accounts, this upcoming year could be one of those historical periods when many cryptocurrencies soar to new all-time highs and records are broken as the asset class finds its digital footing in the world of finance.\nFor investors looking to ride the waves of momentum that can produce monumental crypto gains, here are three cryptocurrencies to add to your wish list for March.\nWe can't talk about crypto without mentioningBitcoin(CRYPTO: BTC). It is not only the world's first cryptocurrency, but also the most valuable. In fact, it accounts for more than half of the value in the entire class of digital assets.\nThanks to a recent jump, Bitcoin's total market cap surpassed $1.3 trillion. At the time of publishing, the leading crypto stands a mere 1% shy of its previous all-time high of around $68,800. Even though it's within striking distance of previous records, the cryptocurrency should still be on investors' radar. Many indicators and data points suggest that the crypto bull market hasyet to hit a peak, meaning Bitcoin is in a position to notch a new all-time high.\nFurthermore, since Bitcoin makes up the overwhelming majority of value in crypto, it offers investors a simple and straightforward strategy to gain exposure to the best quality the cryptocurrency sector has to offer. Rather than combing through the thousands ofaltcoinsthat typically trade in a correlated fashion to Bitcoin, investors can save themselves the hassle by just sticking with the original name in this explosive market.\nThe second to make the list of cryptocurrencies to buy in March isEthereum(CRYPTO: ETH). When it launched in 2015, Ethereum's smart contracts essentially made it the first programmable cryptocurrency. As a result, developers could build applications that have become commonplace in today's digital economy, such as non-fungible tokens (NFTs), auto-correcting stablecoins, and decentralized exchanges, just to name a few.\nWhile subsequent blockchains followed Ethereum with their own smart contract functionality, Ethereum's first-mover advantage has given it a considerable lead. Similar to how Bitcoin makes up the bulk of value in crypto, Ethereum constitutes the majority of value in decentralized finance (DeFi).\nAs of March 3, Ethereum's blockchain was home to more than 60% of the total value in DeFi. The next closest isTron, an upstart with just 10%.\nBy owning Ethereum, investors gain exposure to one of the most popular and utilized blockchains in the world. While there are some hopeful competitors looking to unseat Ethereum as the leading DeFi blockchain, these attempts look futile so far.\nOut of those hopeful competitors looking to challenge Ethereum isSolana(CRYPTO: SOL)-- and it's making a good run. While there is still considerable difference separating the two, Solana has risen to become what could be argued to be the most likely candid Last 60 Days of Bitcoin's Closing Prices: [44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-05 Financial & Commodity Data: - Gold Closing Price: $2133.50 - Crude Oil Closing Price: $78.15 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,318,976,210,250 - Hash Rate: 658743347.9554589 - Transaction Count: 424347.0 - Unique Addresses: 772888.0 Social & AI Sentiment: - Fear & Greed Index: 0.90 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Aurubis AG is preparing to terminate the contract of its chief executive and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout Stocks Rise as Wall Street Builds on Record Highs: Markets Wrap The companys supervisory board is in advanced talks with Chief Executive Officer Roland Harings, Chief Financial Officer Rainer Verhoeven and Chief Operating Officer Heiko Arnold about ending their contracts, the company said on Monday. It may also appoint Markus Kramer from the supervisory board to the executive board, it said. The move follows Aurubiss decision to carry out an independent legal probe into a criminal scam that cost the copper producer about 169 million ($184 million) last year. The company warned in December that it may make executive changes once the review was concluded. The supervisory board will meet to discuss and resolve its plans on Tuesday, Aurubis said. Aurubiss shares fell 4.2% in Frankfurt trading. Aurubis sent shockwaves through the European copper industry in August when it said it had been hit by a sophisticated scam perpetrated by suppliers and complicit employees. The fraud which involved valuable scrap raw materials followed on from a smaller theft discovered a few months earlier, and raised uncomfortable questions about the companys security controls. Harings and other executives have also faced scrutiny following the death of three workers after a nitrogen leak at its Hamburg plant. The CEO said in October that it had overhauled its processes to ensure that it would be difficult if not impossible for such a fraud to occur again. Read More: Aurubis Says Criminals Have New Abilities to Target Metals World Story continues Harings joined Aurubis in 2019 after the company terminated the contract of its former CEO Juergen Schachler due to cost over-runs at a major new smelting project. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japans Market Roars Back to LifeWith Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Tight-Direction1605', "PSA: A message to all those of you who're planning to sell in anticipation of a pre-halving dip", 390, '2024-03-05 00:05', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', "Don't do it. Don't let your hardwork go to waste. We didn't have the ETFs before, it's a whole new world now. MicroStrategy, that holds $10B+ of Bitcoins, just buys and holds so why would you assume yourself to be smarter than them. Just don't do anything that you'll regret later. PSA Over.", 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', '1b6p7ap', [['u/DesignerAstronaut975', 67, '2024-03-05 00:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbev8/', 'Bears will get fucked in this market. Don’t get fucked.', '1b6p7ap'], ['u/Illustrious_Plate610', 127, '2024-03-05 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbkor/', 'Some people buy a house from their profits. Let’s just say: don’t sell even one part of a bitcoin more than you really need to. Say no to Consumer sell outs.', '1b6p7ap'], ['u/BluexxMan', 19, '2024-03-05 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbw24/', 'Guys, seriously, make your money and walk away. Most of us are broke and have been for a while. Let this money change your life.', '1b6p7ap'], ['u/Illustrious_Plate610', 73, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc60q/', 'Maybe because they hold it since 2015 and made already a lot profit to improve their life', '1b6p7ap'], ['u/Tight-Direction1605', 27, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc63f/', 'I feel so annoyed when I read people giving out wisdom about how the price is going to dip below $40,000 as it always dips before the halving and they intend to sell and buy some at the dip. I mean, god, just HODL.', '1b6p7ap'], ['u/DesignerAstronaut975', 13, '2024-03-05 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktddukd/', 'The worst is they suck noobs in and the poor folks get totally screwed.', '1b6p7ap'], ['u/omg_its_dan', 15, '2024-03-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdgi3p/', 'Bitcoin is the money. I have no interest in evaporating USD that’s completely controlled by our corrupt government.', '1b6p7ap'], ['u/FFMooch', 196, '2024-03-05 00:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdh7sa/', 'I can NOT understand how ANYONE is selling at this point. ETFs are clearly not priced in. Halvening is COMING and we have data to prove its importance. And finally, MORE institutional money will land at the end of the year with the tax changes hitting. Its literally a perfect storm and the charts are completely blown up. Just embrace this ONCE IN A LIFE TIME RIDE.', '1b6p7ap'], ['u/Tyson8765', 102, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjcdz/', 'I have enough to pay off my entire mortgage. Wife asked when will I cash out told her I went from 69-16 to this I ain’t selling shit. This is generational wealth and hedge against fiat/inflation.', '1b6p7ap'], ['u/UrethreaFranklin1', 49, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjg5q/', 'Oh I am 100% selling a portion of these gains to pay off mortgages and get the wife a new car.. \n\nI won’t sell all of it but will sell 10-12%..\n\nAnd when it dips again in the next cycle I’ll buy more :) \n\nCongrats everyone that held the last 3 years. We made it. In the green', '1b6p7ap'], ['u/Tight-Direction1605', 20, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjgh2/', "That's the way to go.", '1b6p7ap'], ['u/SpaceToadD', 12, '2024-03-05 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjjix/', 'The smartest people in the room are all accumulating right now. Don’t be the idiot. I’m not the smartest person in the room but I sure as shit won’t do whatever the idiots are doing. Buy and HODL!!!', '1b6p7ap'], ['u/Ynvictus', 54, '2024-03-05 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdkia9/', 'How so? Buying at $19000 and seeing it go up at $69000 and then back down to $19000 did nothing for me.\n\nThis time my profits actually exist.', '1b6p7ap'], ['u/isu_asenjo', 16, '2024-03-05 01:14', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdmhfh/', 'Jesuss how much do you have that 10% is a mortgage + new car lol', '1b6p7ap'], ['u/UrethreaFranklin1', 28, '2024-03-05 01:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdn017/', 'Enough to pay off mortgages and get a new car. 😉', '1b6p7ap'], ['u/SouthTippBass', 20, '2024-03-05 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdosv6/', 'Once in a life time, until 2028!', '1b6p7ap'], ['u/WhaleFactory', 23, '2024-03-05 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdp002/', 'I am dry aging my orange coin. I need to keep buying to have a variety of vintages. Can’t sell them because the oldest vintage is not even close to ripe yet. \n\nOne day, long from now, I will crack open one my finely aged orange coins. From it, abundance.\n\nGood things come to those who wait.', '1b6p7ap'], ['u/DashRift', 21, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpdwi/', 'I’ve 4x what I put in, It feels ridiculous to not sell (using DCA) to safely recoup my initial investment.', '1b6p7ap'], ['u/LiveDirtyEatClean', 14, '2024-03-05 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpjre/', "I'm only selling in the 200,000s for a house", '1b6p7ap'], ['u/us3rnamecheck5out', 14, '2024-03-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdqcuy/', 'The Fed is also cutting interest rates. Low interest environment has been a huge contributing factor to BTC growth. I find mind blowing that we have reached these prices in the most restrictive monetary environment of the last quarter century. Once the fed starts easing, risk assets will get a huge boost.\xa0', '1b6p7ap'], ['u/ElderBlade', 59, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktds4t5/', "A lot of these sellers don't even know what the halving is.", '1b6p7ap'], ['u/LiveDirtyEatClean', 59, '2024-03-05 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdsi64/', 'Because life is short and time is the most valuable resource', '1b6p7ap'], ['u/korean_kracka', 14, '2024-03-05 02:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdwjuu/', 'Trying to time a pullback at this point is so fckn risky.', '1b6p7ap'], ['u/analogOnly', 14, '2024-03-05 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdx0or/', "No, they are referring to the ETFs and now the halving in close proximity. That's not happening again.", '1b6p7ap'], ['u/International-Map-66', 12, '2024-03-05 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte3g8h/', 'I sold this week enough to cover my initial investment capital. I was buying a good amount under 20k. I got burned in 21 not taking huge gains to cover investment at least. Wasn’t doing that again', '1b6p7ap'], ['u/Citizen_Kano', 14, '2024-03-05 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte412c/', 'ETFs are priced in. ETF inflows are not', '1b6p7ap'], ['u/Unusual_Platypus5050', 14, '2024-03-05 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte6kda/', 'Because it can just as easily be half as much a year from now…', '1b6p7ap'], ['u/Tyson8765', 15, '2024-03-05 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte8dp8/', 'If I was at retirement age it would cross my mind. But currently with a 3% mortgage and in a forever home already. Simply no reason to do it our income is plenty for our lifestyle. All these gains is for the future', '1b6p7ap'], ['u/ElderBlade', 39, '2024-03-05 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecgaw/', "The halving is part of Bitcoin's mathematical supply issuance. Every 210k blocks (approximately 4 years), the block reward is cut in HALF. \n\nCurrent reward is 6.25 btc per block = 900 coins per day, which will drop to 450 per day this April, less than 50 days from now. \n\nAfter the halving event, the price goes parabolic from supply shock and peaks 12-18 months afterward, historically. \n\nPlan accordingly.", '1b6p7ap'], ['u/davebobn', 10, '2024-03-05 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecute/', "Bingo! Was going to ask what your rate was. I'm in the same boat. I'd love to payoff a huge chunk, but at 2.875% for 27 more years there's no reason I'd be losing money.", '1b6p7ap'], ['u/bigheader03', 29, '2024-03-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktedhbu/', 'I\'m always amazed and impressed when I see people respond intelligently to "What\'s halving?" \nBless people like yourself for taking the time to respond in a manner where people will actually understand. I just hope the people who ask actually read these types of responses. \nWishing you all the best for being a good person!', '1b6p7ap'], ['u/Sufficient_Cattle_39', 19, '2024-03-05 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktei1qd/', "A lot of them don't know what it's like to be in the green! I held since '21 and it is tempting to sell for me, so I imagine it is for others in my shoes as well.", '1b6p7ap'], ['u/karma_hit_my_dogma', 17, '2024-03-05 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktejwxq/', 'Right here. First time green in a looooonng time, I ain’t sellin.', '1b6p7ap'], ['u/tablepennywad', 10, '2024-03-05 05:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktel9hj/', 'A lot of bitcoin is pure history. It is hard to teach the nuances to those who have not been in it. Like how the internet developed. The young have no idea of aol, the old days of usenet, chat, muds, foundational stuff.', '1b6p7ap'], ['u/boomerangchampion', 16, '2024-03-05 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kteywx8/', "But I can't live in a Bitcoin", '1b6p7ap'], ['u/tbkrida', 15, '2024-03-05 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktf6biw/', 'I first bought at $24k, rode it all the way up to $69k, back down to $15k(doubled my stack at $16.4k), now up to $68k. Not even considering selling anytime soon. I may sell about 10% when I feel we’re near the blowoff top next year, but I also may decide not to….', '1b6p7ap']]], ['u/PussyBreath007', 'JASMY is not run by legitimate people.', 29, '2024-03-05 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/', 'This company is run by absolute scumbags without a shred of honor. These are not your romanticized, honorable Japanese running this company. These are illegitimate scammers. Kunitake Ando. Kazumasa Sato. Hiroshi Harada. Tadashi Morita. Takashi Hagiwara. Deadbeat scum. All of em\n\nThey diluted the fuck out of JASMY holders during the last bull run at every turn. Now that the coin is fully diluted, they are claiming they will “lock up” coins starting in April. Yeah, okay. These scumbags aren’t locking up shit. They can no longer dilute so now they are just going to create crazy selling pressure by dumping their holdings at every pump. JASMY will not hit $1. It will not hit $0.50. It will not hit $0.10. It will not hit $0.05. It will not hit $0.03. I suggest you don’t invest another cent into this scumbag company. They call themselves the “Bitcoin of Japan” LOLOL. Your average Japanese citizen has absolutely no idea what JASMY is. If they did know, they’d realize it’s a useless crypto speculative asset with no real use case and no real team behind it. Don’t support these crooks by investing in JASMY. Invest your hard-earned money elsewhere. \n\nJASMY will not prove me wrong. They will prove me right very shortly. I suggest you don’t wait to find out. This coin will crash in the very near term. Good luck.', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/', '1b6pckv', [['u/HSuke', 22, '2024-03-05 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktddcn3/', "98% price decline in the 4 months after launch, and it has traded sideways since then with negligible volume. This looks worse than ICP's price chart.\n\nWhoever thought crypto users selling their personal data as a service was a good idea and had a marketplace?", '1b6pckv'], ['u/nana_04', 20, '2024-03-05 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktdl237/', "I don't know about you...but this post sound like you probably had JASMY coins in the past and sold cheaply (at a loss) and now MAD cause it's going up. \n\n\n\nWhy don't you start bashing the MEME coins? I think some of those are straight up worthless than JASMY. In my most humble opinion.", '1b6pckv'], ['u/Lost_Mapper', 21, '2024-03-05 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktdnr66/', 'You know who probably has good investment advice? Someone who calls themselves Pussybreath. That’s the kind of user name that inspires confidence.', '1b6pckv'], ['u/Low_Appointment_3917', 19, '2024-03-05 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktduuij/', 'If u bought the bottom u would not care. 99 percent of crypto is like that anyway. Its sharks vs plankton', '1b6pckv'], ['u/elysiansaurus', 11, '2024-03-05 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/kte9u48/', 'Never heard of it but its up 350% in 2 weeks.', '1b6pckv'], ['u/Kimed6', 23, '2024-03-05 04:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktegx0k/', 'Why are you so upset? Your original post seems to be looking out for people, then you turn to angry child replying to comments. If you are trying to to make a point be an adult and use logic not insults.', '1b6pckv']]], ['u/HSuke', 'Ethereum L1 gas prices are nowhere as high as they were from 2020-2022 during the last bull run, thanks to Layer 2 rollups and EIP-1559', 68, '2024-03-05 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/', "One of the biggest concerns of Ethereum during the last bull run were excessively-high fees. I mean, L1 fees are still high, but they're nowhere close to being as high as they were during the previous bull run. From July 2020 to Feb 2022, gas prices were often above 100-200 Gwei ($10-20 ETH transfers and $100-200 ERC-20 swaps). After Feb 2022, gas prices started declining greatly and [settled below 50 Gwei average](https://etherscan.io/chart/gasprice). Unlike the previous bull run, the 200+ Gwei busy days of 2021 have disappeared. And on many days (including today), it costs more to transfer BTC than ETH.\n\n\n\nhttps://preview.redd.it/nhb5z7f0gemc1.png?width=1920&format=png&auto=webp&s=d2541baa8b40b812ef3f0e2cebda5d221055c659\n\nEthereum fees have been lower even though Layer 1 is just as busy as before. In fact, all L1 Ethereum blocks have been maxed out (in gas usage) since The Merge, with daily gas usage consistently [just above 100%](https://etherscan.io/chart/gasused) of the combined block target gas usage for the day.\n\nSo what changed? The biggest difference is that much of the activity has shifted to Layer 2s. L2 activity grew in 2022 and [surpassed L1 in Sept 2022](https://l2beat.com/scaling/activity). Many applications with high activity have permanently migrated to L2s.\n\nIn addition, EIP-1559 also allows for block size to be much more elastic than before by allowing the block to temporarily double in gas usage at the cost of fees being 12.5% more expensive in the next block.\n\nLastly, the Dencun upgrade planned for Mar 14th is expected to further lower prices for Layer 2 rollups, likely to shift even more activity to L2 rollups and further alleviate L1. People should be using L2 rollups whenever possible because L1 isn't meant for direct use. It's meant to be a settlement layer for the L2 rollups.", 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/', '1b6pdbs', [['u/flicman', 34, '2024-03-05 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/ktdgzwk/', "And because this bull run hasn't started yet. We're in the foothills, boys. Buy all your shitcoins so you can pretend to have DCA'd for the last 2 years with your wife's pension fund.", '1b6pdbs'], ['u/cbfella', 13, '2024-03-05 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/kte43ac/', 'They’re still pretty brutal today though', '1b6pdbs']]], ['u/SpecificSum', 'I am slowly realizing I will likely never own 1 BTC', 614, '2024-03-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/', "With the predictions for the future I don't think I'll ever be able to own 1 whole Bitcoin, but I'm still happy to be along for the ride.", 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/', '1b6r43a', [['u/speedingmedicine', 745, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdpdpd/', "Keep DCA'ing. 1 BTC is an arbitrary number. It's all about stacking sats.", '1b6r43a'], ['u/StatisticalMan', 266, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdpgur/', 'The first club was 21 BTC then once that became unrealistic it was 10 BTC and then 1 BTC. Eventually 0.1 BTC will be the threshold. Not sure what cool name it will have maybe a "dime\'?', '1b6r43a'], ['u/Plus_Challenge_7895', 188, '2024-03-05 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdqkth/', 'The origin of the “dime” will be retraced to this post by future scholars 😆', '1b6r43a'], ['u/omg_its_dan', 24, '2024-03-05 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdqmrd/', 'Once Bitcoin is widely adopted virtually no one will have 1 BTC. By definition, no more than 21 million out of 8 billion people can possibly have more than 1. But the real number is a tiny fraction of that since so many of the coins are locked up by big whales, MSTR, ETFs, etc.\n\nStart thinking in sats. 10 million sats is a great target to start with and will put you far ahead of most.', '1b6r43a'], ['u/vasal21', 159, '2024-03-05 01:47', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdrlcu/', 'I own 0.15 btc. I am in a poor country, where the medium wage is around 12,000 USD per year for well prepared professionals, so I feel ok.', '1b6r43a'], ['u/popsferragamo', 63, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktds272/', "You're set. I applaud your forward thinking", '1b6r43a'], ['u/UnoStronzo', 10, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktds63b/', "There are so many things that we won't accomplish in life, and it is totally fine.", '1b6r43a'], ['u/jbcraigs', 52, '2024-03-05 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdt1ny/', 'In that case I want the credit for the Nickel = 0.05 BTC!', '1b6r43a'], ['u/carsonthecarsinogen', 16, '2024-03-05 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdt3wj/', 'What’s your soc? The first street you lived on? Your mother’s maiden name?', '1b6r43a'], ['u/Middle-Comparison551', 99, '2024-03-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdthqi/', 'As long as you have the resources to do the things you want in your life, you’ve got enough sats. As I work, I add more sats. As I spend, I use them. Getting more and more value for those sats as time goes on will be satisfying enough.', '1b6r43a'], ['u/speedingmedicine', 13, '2024-03-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdtht8/', 'You should never reveal your stack online. I have somewhere in-between 0.000001 BTC and 10000000 BTC', '1b6r43a'], ['u/lordinov', 94, '2024-03-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdu4ph/', 'Can you imagine what one creation in 15 years does… barely that time ago geeks were mining 50 btc every 10 minutes on their crap laptops', '1b6r43a'], ['u/Similar-Turnip2482', 17, '2024-03-05 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktduob7/', 'Impressive. I got a late starts but I live in the states. Been investing for a year and I’m at .16 so you doing what you did is highly impressive', '1b6r43a'], ['u/IronMean6467', 21, '2024-03-05 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdupqr/', "0.1 btc is like 7 k, it's still ton of money for average peeps.", '1b6r43a'], ['u/Feeling-Duck4746', 18, '2024-03-05 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdvjun/', "Rather than focusing on the vanity of being a whole coiner, that you shouldn't be bragging about to other people anyways, try and focus on how you've found an asset that's going to outperform everything else and can slingshot you into a better quality of life / provide enough money to make some meaningful change for yourself and people that care about you. Keep earning monopoly money and dollar cost averaging it into this thing", '1b6r43a'], ['u/srpoke', 28, '2024-03-05 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdvq2c/', 'It is time to discuss your Bitcoin holdings in sats.', '1b6r43a'], ['u/FerdaStonks', 39, '2024-03-05 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdw6gf/', 'I’m taking credit for calling 0.2 a dub', '1b6r43a'], ['u/Cashseeker99', 11, '2024-03-05 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdxoyw/', 'Bitcoin dime club', '1b6r43a'], ['u/speedingmedicine', 30, '2024-03-05 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdyh3j/', 'Dollar cost averaging. Take the money you want to invest and spread it out as smaller purchases instead of a lump sump. It helps protect in case of a dump but the catch 22 is that you lose out on gains if it pumps rapidly. It helps dampen the risk.', '1b6r43a'], ['u/varkdot', 26, '2024-03-05 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdyn0h/', 'and now a half megawatt with mid-grade asics yields virtually nothing', '1b6r43a'], ['u/frumpydrangus', 11, '2024-03-05 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdz5us/', 'Yeah but that’s not almost my salary', '1b6r43a'], ['u/LegitimateHope1889', 26, '2024-03-05 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdzue5/', 'If you own more thab 0.25 bitcoin then you are in the top 1%', '1b6r43a'], ['u/Revolutionary_Lion3', 15, '2024-03-05 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0kmc/', '.21 btc is the goal', '1b6r43a'], ['u/LegitimateHope1889', 28, '2024-03-05 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0uhf/', "If every millionaire in the world decided to buy one bitcoin each today, they can't do it. There's not enough", '1b6r43a'], ['u/vegancryptolord', 14, '2024-03-05 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0ur8/', 'Also just helps with consistency which goes a long way. I’d likely never have invested much less in lump sums than I have DCAing. Like I literally just thought to myself “how much money could I spend everyday without worrying about it?” and boom set up the auto purchases. For some people it might be $1 for others it might be $100. Don’t even think about it anymore it just happens. Over time it adds up to an amount I don’t think I would’ve reach in lump sums, also because the lump sums feel like much more than a small daily or weekly amount. Same way someone can spend $5 on coffee everyday but if you told them to spend $1,800 on coffee once a year it would feel way more impactful', '1b6r43a'], ['u/SoupaSoka', 17, '2024-03-05 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte1bv2/', 'A 0.69 of a BTC will be a "nice," obviously.', '1b6r43a'], ['u/_mhtjr', 23, '2024-03-05 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte6go2/', 'Is SATs = Satoshi?', '1b6r43a'], ['u/mindfire753', 38, '2024-03-05 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte6s4y/', 'Satoshis. The smallest unit possible of a bitcoin', '1b6r43a'], ['u/rednoids', 44, '2024-03-05 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte7gj0/', 'Smallest unit, so far!', '1b6r43a'], ['u/DarthBen_in_Chicago', 18, '2024-03-05 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte8109/', 'So… millisatoshis exist on layer 2. If you’re a Lightning node operator, you can set fees to a thousandth of a satoshi. You can’t use them on the base layer though.', '1b6r43a'], ['u/Latter_Box9967', 17, '2024-03-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktedggo/', 'If true, you have solved the world’s food problem. We can just divide a pizza infinitely.', '1b6r43a'], ['u/MajorWeenis', 10, '2024-03-05 04:10', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktedmxz/', 'This is actually pretty eye opening.', '1b6r43a'], ['u/ThatOldDustyTrail', 14, '2024-03-05 04:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktefxrc/', '“Trust me bro”', '1b6r43a'], ['u/Awkward_Potential_', 25, '2024-03-05 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteibih/', "Exactly. Also, even if you got to the magical 1 BTC number, do you ever sell then or use it to better your life? Because if you do, you won't be a whole coiner anymore.", '1b6r43a'], ['u/Conflictingview', 18, '2024-03-05 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktek6q9/', "21,000,00 * 0.25 = 84,000,000\n\nSo, if it was evenly distributed, 84 million people could own that much bitcoin. There are 8.1 billion people in the world, so... \n\n84, 000,000/8,100,000,000 = .0104 * 100 = 1.04%\n\n\nThere's your top 1%. \n\nOf course, it's not evenly distributed and there are a lot of lost bitcoin, so 0.25 btc is probably closer to top 0.5%", '1b6r43a'], ['u/Middle-Comparison551', 13, '2024-03-05 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktelus8/', 'Yeah, all you could do is stack that magical extra 0.1 and make that your spending money? Some people say they will borrow money against their whole coin but I am not so knowledgeable about that. If bitcoin becomes the standard for what you need in life, maybe that’s mission complete and you should just operate in that circular economy if possible.', '1b6r43a'], ['u/McBurger', 17, '2024-03-05 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteo006/', 'That’s how it was back then too. My shitty laptop with onboard graphics could mine about 2-3 BTC per month with slush’s pool back in college. \n\nI ran my miner often, but it was very noisy, made my laptop ultra hot fire hazard, kept my dorm mate up, and I also needed to pause often to actually use the laptop for school. \n\nI stopped mining because, even with free electricity, 2-3 BTC was like a measly $5 and not worth the hassle. So much easier to just buy on Gox via Dwolla. \n\nAt any point in the last 14 years it has always been “virtually nothing” at the current market rates and difficulty. Way she goes', '1b6r43a'], ['u/Brent_Forrest', 22, '2024-03-05 06:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteuk6y/', 'What is this? A unit for ants??', '1b6r43a'], ['u/Still_Sky3396', 52, '2024-03-05 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktf177e/', 'Yeah commit to adding $10 every week, no matter what the price does. \n\nAt the current price it will only take you around 134 years.', '1b6r43a'], ['u/TimePieceProdigy954', 10, '2024-03-05 08:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktf70xm/', 'So add $100 a week instead and it’ll be 13.4 years \nOr add $1,000 a week and it’ll be 1.34 years 😂', '1b6r43a']]], ['u/elgato123', 'CEO Of Las Vegas-Based Company Convicted For Multimillion-Dollar Fraud And Money Laundering Scheme', 150, '2024-03-05 01:25', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/', " [https://www.justice.gov/usao-sdny/pr/chief-executive-officer-las-vegas-based-company-convicted-multimillion-dollar-fraud](https://www.justice.gov/usao-sdny/pr/chief-executive-officer-las-vegas-based-company-convicted-multimillion-dollar-fraud)\n\n# Chief Executive Officer Of A Las Vegas-Based Company Convicted For Multimillion-Dollar Fraud And Money Laundering Scheme\n\nMonday, March 4, 2024\n\nU.S. Attorney's Office, Southern District of New York\n\nDamian Williams, the United States Attorney for the Southern District of New York, announced today that MARTIN MIZRAHI, a/k/a “Marty Mizrahi,” was convicted of wire fraud, bank fraud, money laundering, aggravated identity theft, and other offenses for his participation in multiple schemes to defraud banks and credit card companies of almost $8 million and to launder more than $4 million in fraud and illegal narcotics proceeds.\xa0 The verdict followed a 12-day trial before U.S. District Judge J. Paul Oetken.\xa0\n\n>U.S. Attorney Damian Williams said: “Martin Mizrahi brazenly used his company as a front to launder millions of dollars in drug and fraud proceeds and to deceive credit card companies into processing additional millions of dollars in sham charges.\xa0 The jury’s unanimous verdict sends a resounding message that individuals who steal and introduce illicit funds into the U.S. financial system will be held accountable.”\n\nAccording to the evidence presented in court during the trial:\n\nFrom at least in or about February 2021 through at least in or about June 2021, MIZRAHI and his co-defendants participated in multiple schemes to defraud banks and credit card companies and to launder narcotics proceeds in addition to the fraud proceeds received.\n\nBeginning in or about February 2021, MIZRAHI began accepting bulk cash narcotics proceeds, which he laundered for individuals associated with a Mexican-based cartel by converting the money into Bitcoin and then sending it to anonymous cryptocurrency wallets provided to him by co-conspirators.\xa0 In addition, MIZRAHI laundered fraud proceeds sent to his company by wire transfer, which he also converted into cryptocurrency before sending it to anonymous cryptocurrency wallets.\xa0 Those funds were obtained through, among other things, a business email compromise scheme in which a New York City-based non-profit organization had more than $3 million dollars stolen from it by hackers.\xa0 Between February and June 2021, MIZRAHI laundered a total of more than $4 million in fraud and narcotics proceeds. \xa0\xa0\n\nIn addition, between April and June 2021, MIZRAHI participated in a credit card fraud scheme in which he ran nearly $8 million in fraudulent credit card charges through his company.\xa0 Those charges were run on multiple credit cards issued in the names of third parties, some of which had been stolen, and without any legitimate work being done or services being provided.\xa0 As part of the scheme, MIZRAHI prepared false invoices which he sent to banks and credit card companies to justify the charges.\n\n\\\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 \\\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 \\\n\nMARTIN MIZRAHI, 51, of Las Vegas, Nevada, was convicted of (i) conspiracy to commit wire fraud and bank fraud, which carries a maximum sentence of 30 years in prison; (ii) wire fraud, which carries a maximum sentence of 20 years in prison; (iii) bank fraud, which carries a maximum sentence of 30 years in prison; (iv) conspiracy to commit money laundering, which carries a maximum sentence of 20 years in prison; (v) money laundering, which carries a maximum sentence of 20 years in prison; (vi) aggravated identity theft, which carries a mandatory minimum sentence of two years in prison to run consecutively to any other prison terms imposed; and (vii) conspiracy to operate an unlicensed money transmitting business, which carries a maximum sentence of five years in prison.\n\nThe minimum and maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendant will be determined by a judge.\n\nMr. Williams praised the Federal Bureau of Investigation for its outstanding work on the investigation.\xa0\n\nThe prosecution of this case is being handled by the Office’s White Plains Division and the Illicit Finance and Money Laundering Unit.\xa0 Assistant U.S. Attorneys Benjamin Klein and Emily Deininger are in charge of the prosecution, with the assistance of Paralegal Specialists Dean Iannuzzelli and Nerlande Pierre.\n\nContact\n\nNicholas Biase, Lauren Scarff \n(212) 637-2600", 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/', '1b6r4qh', [['u/ChargerRob', 22, '2024-03-05 01:53', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/ktdsmgk/', 'Just knew crypto was involved some how.', '1b6r4qh'], ['u/JimHeuer40', 23, '2024-03-05 01:53', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/ktdso0c/', 'Smart as shit, built a significant legitimate fortune on the cutting edge of tech through LV.net and other businesses. Self made. Why he needed to get involved in this is beyond me. He’s facing life in prison. Sad AF to see people throw their lives away', '1b6r4qh'], ['u/Grouchy-Guava-2100', 40, '2024-03-05 02:46', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte0zgr/', 'Ive worked a lot of jobs and can whole heartedly say marty mizrahi is one of the biggest clowns and jackasses Ive ever worked with. Man has been stealing for decades he finally just got cocky enough to do it in the open.', '1b6r4qh'], ['u/Loose-Ad4131', 16, '2024-03-05 02:56', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte2h21/', 'What’s the company?', '1b6r4qh'], ['u/kill_la_kill_urself', 33, '2024-03-05 03:17', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte5nxb/', "Lv.net from the beginning was a scam. That company overcharged for basic internet packages under the guise that it was a local business. We are talking about providing businesses with 250 MB download speeds for $500 a month. As a Vegas local, I saw firsthand, the only place this guy was able to get a billboard was right next to the strip club Little Darlings. Most locals knew this business was crooked. Don't try to make this guy look good. Good fucking riddance.", '1b6r4qh']]], ['u/Berserker_XI', 'Mara short squeeze ?', 10, '2024-03-05 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/', "As BTC is closer to reclaim all time highs at $69k Mara short intrest keeps on increasing and price keeps on going down and sideways. Normally Mara has great correlation and is a multiplier 3 with BTC. Will this lead to a short squeeze? I've seen a few videos, post, and articles looking like there is a huge amount of prices suppression. Does anyone have more information? Let me know your thoughts. ", 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/', '1b6rdsp', [['u/AutoModerator', 68, '2024-03-05 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdptzv/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1b6rdsp'], ['u/Adventurous_Hour8307', 11, '2024-03-05 02:07', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdut85/', 'All I know that mara was around 100$ when btc was around 60k on 2021, the last earnings report was amazing beside the fact they sold their btc but fr we don’t need to care about it because they 4x their production and they are estimated that they gonna double it till 2025 means 8x production than at 2023! \n\nHigh SI and looking for huge short squeeze soon! My calls are already open!', '1b6rdsp'], ['u/Harrigan_Raen', 10, '2024-03-05 02:37', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdzkp7/', 'Man, if only they didnt sit on their hands for the last 3 years and increased hashrate and lowered production costs. /s', '1b6rdsp'], ['u/Interstellar_Nebula', 22, '2024-03-05 03:07', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/kte46a3/', 'Since 2021 the share outstanding have diluted 3 times', '1b6rdsp'], ['u/SomeSimplePlan', 15, '2024-03-05 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktelskw/', 'Not easy for MARA to short squeeze since they like to dilute and have an outstanding shelf offering.', '1b6rdsp'], ['u/AutoModerator', 11, '2024-03-05 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktelsm1/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*', '1b6rdsp']]], ['u/ReturnOpen', 'What kind of Crack are the people at Fidelity smoking?', 1899, '2024-03-05 01:43', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/', 'Seriously who in their right mind goes yeah 1B per BTC sounds feasible by 2038. \n', 'https://i.redd.it/ix64qmuswemc1.jpeg', '1b6rk3b', [['u/3aklava', 177, '2024-03-05 01:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdrqbd/', 'I’m smoking crypto these days', '1b6rk3b'], ['u/Deesco5', 1529, '2024-03-05 01:56', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdt0wv/', 'Need to see these inflation adjusted. In 2038 a house might cost $1 billion.', '1b6rk3b'], ['u/Difficult-Swimmer-76', 60, '2024-03-05 01:57', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdt992/', 'Remember the crack tyrone biggums was smoking', '1b6rk3b'], ['u/redditmodsRrussians', 167, '2024-03-05 01:58', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdtcho/', 'Damn, those dudes are dipping into the Water Of Life and seeing some wild shit in the future......', '1b6rk3b'], ['u/ReturnOpen', 44, '2024-03-05 02:12', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdvk97/', 'He who is without sin, cast the first rock. And I shall smoketh it.', '1b6rk3b'], ['u/BithloKing', 645, '2024-03-05 02:27', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdxyj2/', 'I’m just hoping the hotdog combo at Costco is still at $1.50 in 2025', '1b6rk3b'], ['u/HoodFellaz', 87, '2024-03-05 02:32', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdyqgz/', 'The Costco management people firmly believe people would burn all their stores worldwide if the price of that hot dog changed so we might get lucky with that one.', '1b6rk3b'], ['u/ReturnOpen', 96, '2024-03-05 02:36', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdzcdv/', 'They’d raise membership fee on us before that happened', '1b6rk3b'], ['u/3DanO1', 325, '2024-03-05 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte14dh/', 'Houses right now cost way more than 65k. 1 BTC for a house is a valuation I’m willing take', '1b6rk3b'], ['u/Line____Down', 36, '2024-03-05 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte1ne6/', 'Well yeah, fidelity wants their cut. They could really care less what the price does, but the more people buying in, the more they make.', '1b6rk3b'], ['u/MrGunny', 10, '2024-03-05 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte1r9m/', 'I know it sounds crass to ask for a source on WSB, but this is absurd, and if true, I want to share it. Do you have a first hand source for this??', '1b6rk3b'], ['u/Slooters313', 51, '2024-03-05 03:03', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte3ken/', 'Hopium/fomo to get naive retailers to throw as much as they can into it.', '1b6rk3b'], ['u/ReturnOpen', 14, '2024-03-05 03:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte4cj1/', 'That’s the fucked up thing. Retail investors shouldn’t be swayed by “forecasts” from one of the largest investment companies… and if they’re making that prediction just to throw a number out there, should be some sort of market manipulation case against them when people lose their money next bear market. Cause there will be atleast one pullback from here to 2038.', '1b6rk3b'], ['u/Shadow07655', 11, '2024-03-05 03:09', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte4jp0/', 'It sounds more like they’re roasting the other valuations.', '1b6rk3b'], ['u/fe7ixsec', 43, '2024-03-05 03:14', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte56xy/', 'The kind that sells ETFs lmao', '1b6rk3b'], ['u/Catch_ME', 15, '2024-03-05 03:16', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte5j82/', 'What kinda house? A flimsy house in the suburbs or a brick house in the city?', '1b6rk3b'], ['u/leli_manning', 67, '2024-03-05 03:17', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte5p9h/', 'Fuck it. The price of BTC in 2025 will be 1 costco hotdog', '1b6rk3b'], ['u/Line____Down', 17, '2024-03-05 03:21', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte6bo9/', 'It just has to double every single year until 2038 to hit a billion 🤡 \n\nPretty much all forecasts are bullshit. The forecasts for the S&P last year should tell you that. These entities forecasting prices are just trying to line their own pockets. The worst part is that big money can make the price do whatever they want it to. If they claim to be bearish, it’s pretty likely they’re trying to load up for cheap and vice versa. I take this as a huge 🐻signal, but I guess time will tell.', '1b6rk3b'], ['u/MistahOnzima', 32, '2024-03-05 03:31', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte7v32/', 'Is there a 10 cent SHIB prediction anywhere in there?', '1b6rk3b'], ['u/Innit4tech', 10, '2024-03-05 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8492/', "Maybe they know something that we don't, like a jar of peanut butter will cost 100k.", '1b6rk3b'], ['u/SexyWetCashew', 14, '2024-03-05 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte84pn/', 'That hotdog combo will still be $1.50 in 2065\n\nMembership fee might be up a ton though', '1b6rk3b'], ['u/Formal_Profession141', 13, '2024-03-05 03:34', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8947/', "Pumpers.\nThe same people who were telling Boomers that 2006 was the best time ever to buy a house, you couldn't lose money and the moon was the only place to go.", '1b6rk3b'], ['u/E_fubar', 14, '2024-03-05 03:34', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8a66/', 'What I like is that 1btc will be worth 1btc in 2045', '1b6rk3b'], ['u/LunchO789', 53, '2024-03-05 03:45', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte9wms/', 'Once Scamath is involved, say no more', '1b6rk3b'], ['u/spartyballs', 41, '2024-03-05 03:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktea8ze/', 'Who’s running this shit', '1b6rk3b'], ['u/Heisenburg1978', 15, '2024-03-05 03:50', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kteasld/', 'Max Keiser predicted BTC would hit $250k by the end of 2021 in March 2021….. 🙄', '1b6rk3b'], ['u/rollitorbowlit', 31, '2024-03-05 04:03', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecpna/', 'Im putting all my money in 6.5 foot cables', '1b6rk3b'], ['u/r2pleasent', 46, '2024-03-05 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecrc4/', '1 billion per btc prediction is amazing. That is how you build a social media account.', '1b6rk3b'], ['u/CapitalPin2658', 12, '2024-03-05 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecsia/', 'And TSLA is sitting on a lot of BTC.', '1b6rk3b'], ['u/Ballsmeetpets', 86, '2024-03-05 04:09', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktedktr/', 'Chamath is a known scammer', '1b6rk3b'], ['u/amach9', 42, '2024-03-05 04:21', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktefawz/', '$385 trillion market cap if it gets to $1', '1b6rk3b'], ['u/ylli101', 30, '2024-03-05 04:23', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', '• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "1,228.33", "AUM ($, mm)": "380,695.15", "AUM % Change": "0.32%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "797.53", "AUM ($, mm)": "33,754.97", "AUM % Change": "2.36%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "770.93", "AUM ($, mm)": "420,706.71", "AUM % Change": "0.18%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "724.58", "AUM ($, mm)": "111,440.40", "AUM % Change": "0.65%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "320.24", "AUM ($, mm)": "9,972.23", "AUM % Change": "3.21%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "289.75", "AUM ($, mm)": "258,639.23", "AUM % Change": "0.11%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "282.56", "AUM ($, mm)": "102,014.03", "AUM % Change": "0.28%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "232.27", "AUM ($, mm)": "32,653.99", "AUM % Change": "0.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "215.34", "AUM ($, mm)": "16,158.14", "AUM % Change": "1.33%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "202.51", "AUM ($, mm)": "10,295.45", "AUM % Change": "1.97%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-5,513.58", "AUM ($, mm)": "501,496.05", "AUM % Change": "-1.10%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-573.86", "AUM ($, mm)": "11,679.22", "AUM % Change": "-4.91%"}, {"Ticker": "EMB", "Name": "iShares JP Morgan USD Emerging Markets Bond ETF", "Net Flows ($, mm)": "-502.61", "AUM ($, mm)": "13,905.61", "AUM % Change": "-3.61%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-492.36", "AUM ($, mm)": "26,528.50", "AUM % Change": "-1.86%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-328.58", "AUM ($, mm)": "22,349.70", "AUM % Change": "-1.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-285.66", "AUM ($, mm)": "25,243.86", "AUM % Change": "-1.13%"}, {"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-260.55", "AUM ($, mm)": "31,064.81", "AUM % Change": "-0.84%"}, {"Ticker": "STIP", "Name": "iShares 0-5 Year TIPS Bond ETF", "Net Flows ($, mm)": "-252.47", "AUM ($, mm)": "7,955.29", "AUM % Change": "-3.17%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-226.58", "AUM ($, mm)": "62,792.59", "AUM % Change": "-0.36%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-188.76", "AUM ($, mm)": "49,739.42", "AUM % Change": "-0.38%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "7.40", "AUM ($, mm)": "7,033.90", "% of AUM": "0.11%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "28.37", "AUM ($, mm)": "17,512.11", "% of AUM": "0.16%"}, {"": "Commodities", "Net Flows ($, mm)": "-123.19", "AUM ($, mm)": "123,911.24", "% of AUM": "-0.10%"}, {"": "Currency", "Net Flows ($, mm)": "-132.47", "AUM ($, mm)": "52,712.76", "% of AUM": "-0.25%"}, {"": "International Equity", "Net Flows ($, mm)": "865.73", "AUM ($, mm)": "1,428,113.73", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-97.77", "AUM ($, mm)": "173,762.36", "% of AUM": "-0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "-149.45", "AUM ($, mm)": "13,727.22", "% of AUM": "-1.09%"}, {"": "Leveraged", "Net Flows ($, mm)": "-328.93", "AUM ($, mm)": "93,060.26", "% of AUM": "-0.35%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-1,085.84", "AUM ($, mm)": "5,334,929.15", "% of AUM": "-0.02%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,748.17", "AUM ($, mm)": "1,368,870.68", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "732.02", "AUM ($, mm)": "8,613,633.42", "% of AUM": "0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Elizabeth Howcroft and Hannah Lang\nLONDON/NEW YORK (Reuters) -As Tether toasts $100 billion in circulation this week, the rapid rise of the world\'s biggest stablecoin has highlighted concerns about potential risks to wider financial markets.\nThe digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.\nCrypto traders say the tokens are essential for moving funds in crypto quickly, without using the regulated banking system.\n"Tether plays a pivotal role in our day-to-day operations, primarily serving as a mechanism for moving funds swiftly between trading venues," said Michael Hall, founding partner of London-based crypto asset manager Nickel Digital.\nRegulators, however, have long-standing concerns that growing stablecoin reserves expose the broader financial system to bigger risks, because they act as a bridge between the crypto universe and mainstream financial markets.\nJames Butterfill, head of research at asset manager CoinShares, said that Tether\'s dominance increases systemic risk within crypto.\n"If Tether fails for some unlikely reason, it would lead to a dramatic decline in trading volumes," he said.\nU.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency.\nA spokesperson for Tether said its "products provide real-world value by enabling the billions of unbanked people across the globe to access the global financial system when they couldn’t before."\nThe spokesperson also said Tether "proactively works with law enforcement and regulatory agencies across the globe to halt the illicit use of stablecoin technology, having frozen several hundreds of millions in USDT connected to illicit activities."\nCEO Paolo Ardoino said in a statement in January that Tether is committed to "transparency, stability, and responsible financial management".\nCrypto markets have mostly recovered from the collapses that saw prices plunge in 2022. Bitcoin jumped more than 20% last week and on Tuesday hit an all-time high, driven by excitement around inflows into U.S. spot bitcoin ETFs.\nTether is also growing fast. Around $29 billion worth was created in the last year, it said in a statement on Tuesday.\nWIDER IMPACT\nThe crypto lobby has previously said that asset-backed stablecoins do not pose a systemic risk.\nBut with Tether now holding nearly $100 billion worth of reserves in traditional banking institutions, Rajeev Bamra, Head of DeFi and Digital Assets Strategy at Moody\'s Investors Service said "anything going wrong with Tether is going to impact those banking institutions at the end of the day".\n"I think the concentration risk in Tether is huge," Bamra added, referring to Tether\'s dominance within the crypto world.\nS&P Global Ratings ranked Tether as a 4 in a stablecoin stability assessment last year, the second lowest on a scale of 1 to 5, citing a lack of information on custodians, counterparties or bank account providers of its reserves.\nTether agreed to quarterly reserve reports under a 2021 settlement with the New York Attorney General\'s office.\nAt the end of 2023, Tether\'s latest report says, its reserves held $63 billion of U.S. Treasuries, $3.5 billion of precious metals, $2.8 billion of bitcoin, $3.8 billion of "other investments" and $4.8 billion of "secured loans".\nPaul Brody, global blockchain leader at Ernst & Young, said that a reserve report does not constitute a full financial statement audit.\nAlthough various jurisdictions are developing stablecoin legislation, Tether is not currently subject to specific supervision by an authoritative body or rules about how or where it can invest its reserves, S&P Global Ratings analyst Rebecca Mun said in an interview late last month.\nTether Holdings Ltd, which is registered in Hong Kong and owned by a company registered in the British Virgin Islands, says on its website it is "fully transparent", but it does not give details about where its reserves are held.\nHall said Nickel uses Tether "cautiously", balancing the convenience with the downside risk of it losing its dollar peg.\nCrypto traders who rely on Tether say they draw confidence from it having previously maintained its peg and processed billions of dollars worth of redemptions during periods of crypto market turbulence, such as in 2022.\n"While no asset is without risk, especially in the volatile crypto market, Tether\'s track record positions it as a comparatively lower-risk option within the spectrum of digital assets," Hall said.\n(Reporting by Elizabeth Howcroft and Hannah Lang; Editing by Alexander Smith and Stephen Coates)', "Driven by a mix of political and economic factors, the greenback is gradually losing its global dominance. Market sentiment regarding the increasing probability of the Fed cutting interest rates in the second half of 2024 and the momentum toward “de-dollarization” are shifting investors’ focus away from the greenback.\nThese factors increase the need for investors to diversify and hedge their portfolios by taking into account alternative currencies, as the currency market is often driven by investor sentiment instead of economic fundamentals of supply and demand.\nThe greenback's value tends to move inversely with interest rate adjustments by the Fed. The rising probability of the Fed cutting interest rates from the second half of this year makes the dollar less attractive to foreign investors, resulting in decreased demand for the currency.\nAccording to the CME FedWatch Tool, the Fed may begin reducing interest rates as early as June, with a 53.9% probability that they will decrease to 5-5.25%. The likelihood of rate cuts rises thereafter, with the rates potentially dropping to 4.25-4.5% by the end of the year, supported by a likelihood of 31.5%.\nThe chance of the Fed sticking to a dovish stance is strengthened by the recent inflation data. According to the Financial Times, inflation in the United States dropped in the month of January, reaching 2.4% from 2.6% in December. \xa0Following the news, the two-year Treasury yield, which correlates with interest rate expectations, dropped, ending the day 0.03 percentage points lower at 4.62%.\nThe macro environment and other economic factors are pushing economies to seek alternative currency options in a bid to reduce the global dominance of the greenback. This could result in the demand for the U.S. dollar decreasing, depreciating the currency.\nInvestors are turning their attention toward the Chinese yuan. The prospects for the country’s currency gets a boost from the fact that the Chinese policymakers will not allow the trade-dependent nation’s currency to depreciate below a threshold, which limits market pessimism, according to CNBC.\nRising U.S. debt levels may lead to challenges to the dollar's global dominance, questioning its stability as a reliable anchor for the global monetary framework.\nPer IMF, as quoted on Yahoo Finance, the U.S. dollar comprised 59.17% of global allocated foreign exchange reserves in the third quarter of 2023, and has lost around 6% of its share of global allocated foreign exchange reserves since 2016.\nDe-dollarization and Fed rate cuts can also create opportunities in digital currencies. Bitcoin extended its winning momentum, surpassing the $63,000 mark on Wednesday and nearing a potential new record high. The upward momentum in the digital asset is further supported by the arrival of spot bitcoin ETFs (Read: Will Bitcoin Hit $200,000 in Current Bull Market? ETFs in Focus).\nInvestors can look to hedge themselves against the likelihood of the greenback depreciating and diversify their portfolios by increasing their exposure to the following mentioned funds.\nWisdomTree Emerging Currency Strategy Fund employs an active strategy and provides exposure to various emerging currencies worldwide relative to the U.S. dollar, making it a quality fund to invest in emerging market nations.\nThe fund has exposure to currencies of Mexico, Colombia, Poland, Indonesia, Brazil and India, which comprise the top six countries, among others. The majority of the fund’s exposure is in Asia (50.36%), followed by South America (21.5%) and East Europe (14.41%).\nWisdomTree Emerging Currency Strategy Fund has gathered an asset base of $7.1 million and charges an annual fee of 0.55%. The fund has gained 3.31% over the past three months and 3.62% over the past year.\nInvesco DB U.S. Dollar Index Bearish Fund offers exposure to a basket of currencies relative to the greenback, rising when the dollar depreciates. UDN is an appropriate option for investors with a bearish outlook on the U.S. Dollar.\nInvesco DB U.S. Dollar Index Bearish Fund has gained 4.12% over the three months and 1.58% over the past year.\nInvestors can also look into the following funds that provide exposure to the basket of currencies tracked by the U.S. Dollar Index (USDX), relative to the greenback, rising when the dollar depreciates.\nInvestors with a bearish outlook on the U.S. dollar can opt for these funds.Invesco Currencyshares Japanese Yen Trust (FXY), Invesco CurrencyShares Euro Currency Trust (FXE), Invesco CurrencyShares Canadian Dollar Trust (FXC), Invesco CurrencyShares Swiss Franc Trust (FXF)andInvesco CurrencyShares British Pound Sterling Trust (FXB).\nBelow we highlight a few cryptocurrency ETFs that could be tapped now.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nInvesco CurrencyShares Japanese Yen Trust (FXY): ETF Research Reports\nInvesco CurrencyShares British Pound Sterling Trust (FXB): ETF Research Reports\nInvesco CurrencyShares Euro Trust (FXE): ETF Research Reports\nInvesco DB US Dollar Index Bearish ETF (UDN): ETF Research Reports\nInvesco CurrencyShares Canadian Dollar Trust (FXC): ETF Research Reports\nInvesco CurrencyShares Swiss Franc Trust (FXF): ETF Research Reports\nWisdomTree Emerging Currency Strategy ETF (CEW): ETF Research Reports\nGrayscale Bitcoin Trust ETF (GBTC): ETF Research Reports\nValkyrie Bitcoin and Ether Str (BTF): ETF Research Reports\nBitwise Bitcoin Strategy Optimum Roll ETF (BITC): ETF Research Reports\nProShares Ether Strategy ETF (EETH): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research", "Josh Kane; Head of IR; Cipher Mining Inc.\nTyler Page; CEO; Cipher Mining Inc.\nEd Farrell; CFO; Cipher Mining Inc.\nJohn Todaro; Analyst; Needham & Company\nJohn Bridges; Analyst; J.P. Morgan\nJoseph Vafi; Analyst; Canaccord\nGregory Lewis; Analyst; BTIG\nJosh Siegler; Analyst; Cantor Fitzgerald\nPhilip Meisel; Analyst; Stifel\nJoe Flynn; Analyst; Compass Point Research & Trading, LLC\nMike Colonnese; Analyst; H.C. Wainwright.\nOperator\nGood morning, and thank you for standing by, and welcome to Cipher Mining fourth quarter and full year 2023 business update conference call (Operator Instructions)Please note that today's conference is being recorded. I will now hand the conference over to your speaker host, Josh Kane, Head of Investor Relations. Josh, please go ahead.\nJosh Kane\nGood morning, and thank you for joining us on this conference call to discuss Cipher Mining's Fourth Quarter and Full Year End 2023 business update. Joining me on the call today are Tyler Page, Chief Executive Officer, and Ed Farrell, Chief Financial Officer.Please note that you may also review our press release and presentation, which can be found on the Investor Relations section of the company's website. Please note that this call will also be simultaneously webcast on the Investor Relations section of the company's website.This conference call is the property of Cipher mining and any taping or other reproduction is expressly prohibited without prior consent before we start, I'd like to remind you that the following discussion as well as our press release and presentation contain forward-looking statements, including but not limited to, Cypress' financial outlook business plans and objectives and other future events and developments, including statements about the market potential of our business operations, potential competition and our goals and strategies.The forward-looking statements and risks in this conference call, including responses to your questions, are based on current expectations as of today, and Cipher assumes no obligation to update or revise them whether as a result of new developments or otherwise, except as required by law.Additionally, the following discussion may contain non-GAAP financial measures. We may use non-GAAP measures to describe the way in which we manage and operate our business. We reconcile non-GAAP measures to the most directly comparable GAAP measures, and you are encouraged to examine those reconciliations which are filed at the end of our earnings release issued earlier this morning. I will now turn the call over to Tyler page. Tyler?\nTyler Page\nThanks, Josh. Hi, this is Tyler page, CEOC. for mining. Thank you very much for joining our fourth quarter 2023 business update call.Let me begin the call with a few summary financial statistics from our outstanding fourth quarter of 2023. Ed will give a full breakdown of our numbers during his portion of the call, but I wanted to highlight our performance during the fourth quarter of 2023 upfront because it was the first quarter we have had since going public that featured completed operations at our original four data centers for the full quarter.In this sense, it provides the most accurate view of the progress we have made toward our vision of Cipher's full capabilities as a low cost producer of Bitcoin. Our progress has been immense by mining 1,327 bitcoin in the quarter, a production increase of 252% year over year.We produced revenues of $43 million and GAAP net earnings of $11 million we early adopted the new accounting standard in 2023.And these numbers include mark-to-market gains on our Bitcoin inventory. But I think it is important to highlight that even under the previous accounting treatment for Bitcoin. Cipher also would have produced positive GAAP net earnings for the quarter.This is not something most of our competitors can say our adjusted earnings were even stronger. We produced adjusted earnings of $28 million for the quarter, which represents massive progress and an improvement of over $50 million year over year.We are very proud of these milestones as they demonstrate our relative strength and outperformance versus competitors. And with the upcoming having on the horizon, we believe that the relative advantages of being a low cost producer of bitcoin will only increase going forward.As of the end of February, Cipher held 1,433 bitcoin in inventory and $69 million of cash while our total self mining hash rate has grown to 7.4 Exa hash per second. For those that follow the bitcoin mining space, you already know that having is nearly upon us, we have spoken repeatedly about how Cipher is built to thrive throughout market cycles.While the cut in new bitcoin supply from the having is painful for the industry, it can reward thoughtful miners while exposing those miners who have not been disciplined in their strategic decision making.Cipher has been very disciplined well planning for the having four years, we are built to succeed with approximately 96% of our portfolio energize through fixed-price power at an industry low cost of electricity of roughly $0.027 per kilowatt hour as a reminder, electricity represents the large majority of our operating costs and our low price is a key driver, our best in class unit economics.Furthermore, as we complete our expansions at bare and Chief and complete the full Black Pearl site. Our overall rig fleet efficiency will improve from 29.9 joules. Proterra has currently 22 joules Proterra house.Turning to our growth plans. We expect to complete 30 megawatt expansions at each of our bare and chief joint venture data centers in the second quarter of this year. And for those expansions to add 1.25 extra cash per second of self mining capacity to our production.We also expect to add an incremental 0.6 to 0.5 per second of self mining capacity via hardware and software optimization of our existing fleet that we expect to be fully online by the end of the third quarter.Lastly, we are most excited about the enormous potential of BlackPearl, our 300 megawatt site in West Texas. We recently commenced construction activity and aim to energize the site in the second quarter of 2025.Slide 5 is a high-level overview of a Bitcoin mining business that we like to include each quarter to remind everyone how our business model works. We operate the box in the middle of the drawing that says mining equipment, which represents our data centers and mining rates.As I discussed earlier, the majority of our operating expenses is electricity, which our data centers convert into computing output. Unlike traditional data centers, which operate a similar model and sell their computing output to enterprise clients for dollars, CYPHER sales, its computing output called hash rate to the bitcoin network for Bitcoins to make this model operate profitably.A bitcoin mining company needs to control both its electricity costs and the capital it spends to build new data centers, including mining equipment. Controlling these costs enables a miner to be a lower cost producer.And our focus at Cipher has always been on controlling these specific costs to produce the best possible unit economics. That illustration hopefully gives you a good sense of a straightforward Bitcoin mining business. Cipher, however, does have an additional element to our business that is incredibly valuable. We have the ability to sell power back to the grid at our Odessa facility.Our power purchase agreement gives us a combination of downside risk protection as well as upside optionality to our revenue streams doesn't exist for most bitcoin miners.Let's now turn to page 6 and look at some recent bitcoin market events. Since our last business update, we've seen many positive headlines impacting bitcoin miners. The FCC's approval of the bitcoin ETFs in January has dominated the headlines and the price of bitcoin has positively reacted to the better than expected early inflows into the product.We believe this is a massively positive development for the space as it will pull additional investment dollars into the ecosystem. In addition to the new U.S. ETFs. In the past few months, we have also seen elevated periods of transaction fees paid to minor as well as a new accounting standard that provides investors transparency into the mark to market value of bitcoin held on balance sheet.While both of these good developments have provided additional tailwinds to the sector, we have also seen a counterbalancing steady climb to an all-time high in overall bitcoin network cash rates, which suppresses minor ECONOMICS, perhaps most noteworthy for Cypress shareholders and prospective investors.On February 26th, our majority shareholder bid theory announced plans to distribute the majority of its Cypress shares and breakup its concentrated position on our cap table, we believe greatly reducing our largest investor's ownership concentration, increases our free float and create a positive liquidity environment for our shares overall as we move forward as we head toward the halving next month.Cipher is focused on executing the expansion and build-out of data centers, optimizing the production from our current fleet and selectively looking for new growth opportunities. We have reviewed many our acquisition opportunities over the past several months and expect the opportunities to improve as we go through the having. We will evaluate these opportunities with the same disciplined approach as always, and hopefully find expansion options at cyclically low prices.On Slide 7, we give a portfolio overview of our existing data centers and the time line for expected expansion in our self mining hash rate in 2023, we paid an average all in electricity costs of $8,626 per bitcoin produced at our data centers.We are very proud of this number and it drives our best-in-class unit economics Please note that when some of our competitors talk about these costs, they only include electricity and not transmission and other charges. In contrast, when we talk about all in electricity costs, we mean the total cost to deliver electricity to our mining rigs.So our numbers include all transmission and other charges and our low numbers dramatically demonstrate our competitive advantage on the left side of the slide, you have a snapshot of our four current data centers, along with our all in electricity cost per bitcoin at the respective sites for the year 2023.The chart on the right of the slide gives you a graphic illustration of the current Cipher hash rate as well as the additional growth opportunities in the coming year.And a half. At this point, we will turn to production by site. On Slide 8, you can see a picture of our fully operational Odessa facility. Odessa is the most significant part of our portfolio as it represents approximately 90% of our Bitcoin production.Odessa is a wholly owned facility with a five year fixed price power purchase agreement and some of the lowest cost power in the industry.In the third quarter of 2022, we began reporting a third party independent valuation to give investors a sense of how much value is represented in the power contract alone as always, and we'll talk more about it in his remarks. We currently generate approximately 6.4 extra cash per second at the site utilizing approximately 207 megawatts.We have mined roughly 635 bitcoin at the site through February 29 and had a recent maximum daily mining capacity of approximately 10.8 bitcoin per day.On Slide 9, we show a picture and highlights from our elbows data center, which we believe is a truly unique site. Outdoors is 100% powered by wind. And as a joint venture that we share with our energy provider, it currently has a total operating capacity of 40 megawatts when the wind blows that 40 megawatts power is roughly 1.3 extra hash per second of rig eyeballs can mine a maximum of roughly 2.2 bitcoin per day.And year to date, the site has mined approximately 88 bitcoin through February 29, roughly half of that total capacity and site production belong to Cipher. We are working to supplement the wind production at our doors with a grid connection, which would allow us to increase our uptime and generate more bitcoin with the existing equipment at the site. And we remain confident that we will have that arrangement in place later this year.Slide 10 shows operational highlights from our parent chief data centers. Combine the sites operate 20 megawatts, which can generate approximately 0.7 extra cash per second and can generate roughly 1.1 bitcoin per day.And current market conditions and chief are also structured as joint ventures and future shared economics. Similar to Alberta, unlike our other sites, which have behind-the-meter power arrangements, bear and chief, are set up in front of the meter at a location in Texas that typically features attractive market prices finally, I will close with a few pictures of the expansion work underway at CYPHER.We are very busy every day working to expand our mining capacity in the coming months and we look forward to providing future updates on our progress.Now I'll turn it over to our Chief Financial Officer, Ed FEDERAL.\nEd Farrell\nThank you, Tyler, and hello to everyone on the call as a reminder, for those following the webcast presentation, I'll be referring to our results for the three months and 12 months ending December 31st, 2023. I will discuss some of the key financial metrics for Q4.Paul provide some additional fourth quarter color as well as walk through our full year results. This quarter marked our first quarter of operation since inception with all four of our data centers being fully deployed.And it's a testament to the dedication and tenacity of our entire team and the strength of our company that we were able to deliver positive GAAP earnings for the quarter even before adopting the new accounting standard related to the fair value of Bitcoin as observed across the industry top line growth doesn't always translate into bottom line earnings.However, at Cipher this quarter showcased strong top line growth that also positively impact our bottom line. In the quarter, we mined 1,195 Bitcoin, which resulted in revenues of $43.4 million. And achieving we all take great pride at that upon closer examination, these numbers become even more impressive.While our revenues were up 43% sequentially, the cost of power to generate those revenues was only up 2%, underscoring the value we get from our fixed base PPA at Odessa. We will talk about it later, but the value of that PPA also increased by over [$13 million] in the quarter. Again, a testament to the capabilities of our power and origination team.Despite substantial top line growth in Q4 at $22.5 million, G&A expenses were down 6% from the prior period. This emphasizes the significant potential for operational leverage with our within our business model.Looking ahead, we're excited about our prospects as we scale up operations significantly over the course of this year in 2025, we anticipate encountering industry headwinds such as the upcoming having in raising debt or cash rates, which are challenges that all of our competitors face.However, we firmly believe the cycle is well positioned to navigate these obstacles and emerge as a leader through this next cycle.In our third quarter business update, we talked about the challenging operating environment transitioning to the fourth quarter, we experienced much more favorable conditions marked by a rally in bitcoin price and a significant increase in our production as we fully energized our deficit as a result of fourth quarter was characterized by strong top line free cash flow.These conditions, combined with our ability to draw on our ATM, led to a substantial improvement in our liquidity position. I would also like to take a moment to talk about the new accounting standard, which requires entities that hold crypto assets to measure them at fair value. We believe this is an important step forward for the industry and positive development for institutions.Looking to invest in the space in December, fast be released new rules mandating companies to adopt the new standard for the fiscal year after December 15, 2024. For Additionally, fast be provided companies the option to early adopt the choice we made for the 2023 fiscal year.We underwent a rigorous process to transition this to this new standard and assessed our realized and unrealized gains and losses as well as the impact of previously reported bitcoin impairments, fair value adjustment for the fourth quarter compared to the prior accounting guidance resulted in net earnings impact of $3 million.Now let's turn our attention to the full year consolidated balance sheet and statement of operations. As of December 31, our total current assets stood at $155 million, up from $48 million at year end 2022. Our accounts receivable was $622,000 versus $98,000 the previous year. And our prepaid expenses were $3.7 million versus $7.3 million in the prior year.I should note that those prepaid expenses are primarily due to corporate insurance, which is worth highlighting because we were able to reduce our D&O premium significantly this year, we recorded a Bitcoin balance of $33 million, representing the 700 beauty bitcoin We held had in Treasury on December 31.That number is up from 389 bitcoin we had at year end 2022, which was valued at $6.3 million net of impairment. As always, I'd like to dedicate a few minutes to the value of our progressive PPA derivative asset.We have previously highlighted the significant competitive advantage provided by our power contract at Odessa. As a reminder, we began publishing for third party mark for this agreement for the third quarter of 2022 that Mark is represented as a derivative asset on our balance sheet that gets revalued each reporting period essentially reflects the in the money value of the contract relative to the current forward prices at our Odessa facility.As of December 31, this asset was valued at $93.6 million, which represents an increase of $26.9 million year over year. This change is recorded as a gain on our income statement. It is important to note that this asset is in two components on the balance sheet, $31.5 million as a current asset and $61.7 million as a noncurrent asset.The change in fair value of this contract will affect our GAAP earnings, but we excluded from our non-GAAP reporting. Our other significant assets include property and equipment of $243.8 million, primarily attributed to our protests of facility.This figure includes minus related equipment of $163.5 million, as well as leasehold improvements valued at $139 million. These items are offset by $59.1 million of accumulated depreciation. In addition, we hold intangible assets of $8.1 million, which includes $7 million designated for the payment of black coal sites, and that's related for a CON approval.The remaining $1.1 million relates to capitalized software at year end, our equity investee interest in Alberta's balance sheet stands at $35.3 million. Our operating lease of 7.1 is primarily related to real estate leases.Additionally, deposits of $23.9 million includes the previously reported Luminent's security deposit of $12.5 million and a $6.3 million deposit to Encore related to Wipro data center. I would like to report that our current liquidity position on February 29 is $158 million, comprised of $69 million in cash and $89 million worth of Bitcoin, assuming the $62,000 price per bitcoin.Now let's look at our GAAP operating results before delving into our full year numbers, I'd like to provide more detail on the quarter results. Considering this marks our first full quarter of operations with all four of our data centers at full capacity in the fourth quarter.We mined 1,195 Bitcoin, resulting in $43.4 million in mining revenues versus the prior quarter when we mined 1,078 bitcoin producing $30.3 million in revenue. We are particularly proud that despite significantly higher operating revenue, our operating expenses, including G&A and depreciation amortization, remained relatively flat quarter over quarter.As I mentioned earlier, G&A totaled $22.5 million, a decrease of 6% from the previous quarter. Depreciation and amortization came in at $16.8 million a slight increase from the $16.2 million in the previous quarter. Cost of revenue was $13.3 million, which includes our power and direct expenses related to Odessa, a 2% increase over last quarter.Now let me turn to our full year results, which we can see on Slide 15. For the full year 2023, we mined 4,350 Bitcoin, resulting in $126.8 million of revenues generated entirely from our debt facility. Cost of revenue for the year was $50.3 million versus $748,000 in the prior year.G&A expenses came in at $85.2 million in '23 versus $70.8 million in '22. The increase of $14.4 million was primarily driven by compensation and benefits as we invest in building out our team, increasing our headcount from 22 employees to 36 employees.Depreciation and amortization for the year was $59.1 million versus $4.4 million in the prior year. This increase was primarily due to miners and equipment and leasehold improvements at Odessa being in service for a full year compared to only two months in the previous year.As we mentioned earlier, we recorded a positive change in the fair value of our derivative asset of $26.8 million year over year.Power sales amounted to $9.9 million in 2023 versus $500,000 in the previous year, reflecting the ramp up at Odessa over the course of 2023 for our JV sites, the line item titled equity in losses of equity investees was $2.5 million in 2023 compared to $37 million in 2022. It is worth noting that the losses in 2022 were primarily from the fair value contributions of miners to our JVs. At the time would Maina prices were much higher.Let's now turn to our slide on our non-GAAP measures used to reconcile our adjusted earnings. Allow me to remind everyone that adjusted earnings exclude the impact of depreciation of fixed assets, the change in the fair value of our derivative assets deferred income tax expense, the change in fair value of warrant liability, stock compensation expense and other nonrecurring gains and losses.These supplemental financial measures are not measurements of financial performance in accordance with US GAAP and as such, they may not be comparable to similarly titled measures of other companies. We believe that these non-GAAP measures may be useful to investors in comparing our performance across reporting periods on a consistent basis.Management uses these non-GAAP financial measures internally to help understand, manage and evaluate our business performance and to help make operating decisions when we adjust our fourth quarter GAAP results to the GAAP net income of $10.6 million.We had $17.2 million for those items. I just listed that brings us to adjusted net income of $27.8 million for the quarter compared to $2.3 million in the previous quarter. For the full year, our adjusted GAAP results yielded an adjusted earnings gain of $46.2 million versus an adjusted earnings loss of $64.9 million in the previous year.I will conclude my remarks by saying we are extremely pleased with our financial performance in Q4 and throughout the entirety of 2023. Our philosophy continues to be that to be a leader in the mining space, we need to focus relentlessly on having best-in-class unit economics.We firmly believe 2023 validated our ability to deliver on our stated objective by successfully bringing online our initial four data centers. We are excited about the next stage of growth that Tyler outlined and with our current financial position, free cash flow generation, lack of debt and best-in-class unit economics.We believe we should be well positioned to be a leader through the next cycle. We look forward to updating you in greater detail on our expansion plans when we report for the first quarter.I will pause now and Tyler and I are happy to answer your questions.\nOperator\nThank you, ladies and gentlemen, to ask a question, (Operator Instructions)John Todaro, Needham & Company. Your line is open.\nJohn Todaro\nGreat. Thanks for taking my question. And congrats on the quarters quarter guide looks pretty solid despite the year for a dumb without even the accounting rule changes. I guess two questions, maybe one for each of you add when you talked about operational leverage Booz.So we noticed that as well as the G&A coming in a little bit lower than where we actually estimate for Q4 from if you can grow access to nine plus in G&A flat at '24. It seems like another big boost there. Is that how we should be expecting G&A to basically be flat over '24?\nTyler Page\nYes, good morning, John. Thanks, Rick. Thanks for listening and thanks for the question. But I would look at G&A over the next two quarters and being relatively flat. We don't look, as we've mentioned, we've built out the team.I think we'll get a lot of leverage from building out the team as we bring on more excess cash and we expand of our end, our data centers, we should expect some additional depreciation, depreciation and amortization. But when you neutralize that for the non-GAAP numbers, I would expect that not to be too much greater than we've been reporting in the fourth quarter of '23. Is that helpful?\nJohn Todaro\nYes, that I think that, um, and then Tyler, on the jewelry side of things and apologies if I missed this, but can you just remind us on how many shares that vary still has right now, the time line for that distribution? And then I believe there is no more lockups. Is that correct?\nEd Farrell\nYes. Hey, John. So let me let me actually add one more piece of color to the answer about SG&A because I think it's important for context and then I'll answer the bid theory question as well. I mean, I know you asked sort of for specific near term, but I think it's important to think about SG&A, especially as we come into the halving.And the way we look at SG&A, I do think is pretty differentiated from most other bitcoin miners. And I think about that, that needs to be kept in mind as all the research analysts and investors in the space look at what happens to these companies post happening.And so we often talk about the relentless search for cheap power because that drives the unit economics and look in a post halving world as the world evolves and these sites get bigger, there's really kind of two ways to seek out that cheap power, some folks not not safer.We have gone to jurisdictions where there may be regulatory risk or other challenges that we find hard to underwrite and you get cheap power so long as they don't raise the minor tax or the government comes after mining or something like that. And maybe there are people that can underwrite that risk better than us.The other way in the way that we've really focused since day one on doing this is to go to a place like Texas, where you can monetize the curtail ability of these data centers. And as we've talked about often, our data centers can can power up and they shut down within a minute, they can do it very quickly, they can respond to price signals.And we talk a lot about the opportunities to sort of be involved in providing power back to the grid, making extra cash to do it and that being a real hidden ability of what we can do. And the thing is if you take what I'll call a more basic operating model for a miner where you just find a power cost and tried to run your rigs 100% of the time.And that model is going to be more and more challenged. And if you did that in Texas, the average price in Texas is something like $0.06 a kilowatt hour. And so to sort of manufacture your own lower electricity price, you have to be able to curtail your data centers, potentially participate in demand, response programs, et cetera. The only way to do that is to build a stack of talented people across ops, technology trading.It's not easy.And we're one of the only companies that really does that at scale, and that will be an even bigger part of our story as we build Black Pearl. So that's all by way of saying that when RSG. and A. is building a different company with a different skill set of people and it scales very well so whereas I think now, you know, we're going to we're at half of less than half of the output will be from a megawatts perspective.And like a third less than a third of what will be from a hash rate perspective after we bring Black Pearl online that SG. and A. scales very, very well. It is not a linear scaling and so and your specific question was about the next quarter or two.I think it's important to keep in mind that this will become one of our greatest relative strengths in the long term because we will bring on very large data centers with very little linear growth in SG&A. So we're sort of just getting started in some ways on the chassis that we're building to continue to source and produce our own cheap power and control our own destiny.So I think that's important context for SG&A just on a longer term, not exactly your question and then to get to your specific question and thank you for indulging me on that.Yes, so Fury is in the process of distributing those shares. They put out a press release and they talked about this that they plan to end up with 50 million shares at [Fury]. And so that will be below 20% of our overall shares, we have raised some money via the ATM.So it will even be a little bit less than that on a percentage basis. And that's in process right now. I don't know exactly where they are in that process because that's sort of outside of my conversations with them. But I know it's sort of very short term.They're in the process I expect it to be days for them to complete those distributions. And so we will go from where we were not that long ago when they were north of 80% of our cap table to decently below 20% and there are no more lockups on that.So those will be freely tradable shares as they're distributed. I think it's good to give some context on this as well. I've heard a lot from investors over the last year or so.Hey, Tyler. We love the CYPHER business model. We love how you create your own a cheap cost of power. This is very sustainable. You have a clean balance sheet. We like everything about it, but we're an institutional investor and we don't buy the stock of companies with an 82% shareholder.And so this has been a central challenge for us to solve that. We focus every day on building a great business, but of course, we want to also have Cypress stock be a great investment. I think the very wonderful thing about this outcome is that if you think about what I would like to see on our cap table over time in a perfect world.We'd have a bunch of long-term investors that understand bitcoin mining. And so we sort of short circuit the time line here. These are shares that are being distributed a bit here you already own. So it's not adding new shares. Is your existing shares going to investors that have been invested in theory and Bitcoin mining typically for a long time, sometimes longer than a decade.So I think from our perspective at Cipher, we're really excited about this. I think just based on my conversations with investors, I have heard we trade at a discount to where our business model should be trading if we didn't have such a concentrated cap table.And I believe that that discount will be removed and that, frankly, I think we should trade at a premium and based on just the results we've put Last 60 Days of Bitcoin's Closing Prices: [43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-06 Financial & Commodity Data: - Gold Closing Price: $2150.30 - Crude Oil Closing Price: $79.13 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,243,036,966,600 - Hash Rate: 552239932.41775 - Transaction Count: 381934.0 - Unique Addresses: 681667.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Credit Agricole SA acquired a 7% stake in Worldline SA for an undisclosed price to help stabilize its struggling payments partner and strengthen a joint venture announced last year. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger The investment “is intended to strengthen this partnership to create a major player in the French merchant payment services market,” Credit Agricole said in a statement Monday, adding that it plans to remain a “long-term minority shareholder.” Worldline shares rose as much as 6.1% on the news. Bloomberg reported last month that the French lender had been discussing a potential move to buy stock in Worldline after its shares plunged, citing people familiar with the matter. Worldline in October cut its sales outlook, saying consumers are growing more cautious and spending less, hurting the company’s growth and profitability. The shares plunged by 59% that day. The warning added to a string of bad news for the payments industry in Europe, which is grappling with a slowdown after years of growth. The two companies announced in April that they were forming a joint venture in merchant payments, planning to invest about €80 million over the next two years. Worldline would be the majority owner of the unit, holding 50% plus one share. The agreement replaced the French lender’s previous partnership with Wirecard AG, the German company that collapsed in an accounting scandal. What Bloomberg Intelligence Says: Credit Agricole’s acquisition of a 7% stake in Worldline will strengthen the relationship further after the merchant payments joint venture announced in April that will extend its dominant position in France. The minority stake also aims to restore confidence after October’s cut to Worldline’s near-term guidance sent the shares 50% lower. The guidance reset at year-end results in February will be crucial as headwinds continue. Story continues Mar’Yana Vartsaba, banking analyst Credit Agricole’s 7% Stake May Stabilize Worldine’s Ship: React (Updates with share reaction in third paragraph, analyst’s comment in last.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "GOVT", "Name": "iShares U.S. Treasury Bond ETF", "Net Flows ($, mm)": "2,036.70", "AUM ($, mm)": "24,718.75", "AUM % Change": "8.24%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "578.00", "AUM ($, mm)": "111,698.04", "AUM % Change": "0.52%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "518.30", "AUM ($, mm)": "17,564.35", "AUM % Change": "2.95%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "474.24", "AUM ($, mm)": "3,924.86", "AUM % Change": "12.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "431.07", "AUM ($, mm)": "16,603.70", "AUM % Change": "2.60%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "429.32", "AUM ($, mm)": "420,654.12", "AUM % Change": "0.10%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "420.11", "AUM ($, mm)": "11,529.14", "AUM % Change": "3.64%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "410.98", "AUM ($, mm)": "65,399.30", "AUM % Change": "0.63%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "406.58", "AUM ($, mm)": "813.16", "AUM % Change": "50.00%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "404.58", "AUM ($, mm)": "7,490.58", "AUM % Change": "5.40%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "-1,457.43", "AUM ($, mm)": "104,171.83", "AUM % Change": "-1.40%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,087.66", "AUM ($, mm)": "256,487.49", "AUM % Change": "-0.42%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-753.95", "AUM ($, mm)": "9,224.02", "AUM % Change": "-8.17%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-696.00", "AUM ($, mm)": "48,870.72", "AUM % Change": "-1.42%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-389.65", "AUM ($, mm)": "379,902.23", "AUM % Change": "-0.10%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-367.96", "AUM ($, mm)": "28,117.06", "AUM % Change": "-1.31%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-228.47", "AUM ($, mm)": "35,531.10", "AUM % Change": "-0.64%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-195.14", "AUM ($, mm)": "33,131.37", "AUM % Change": "-0.59%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "-174.41", "AUM ($, mm)": "1,395.37", "AUM % Change": "-12.50%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-172.35", "AUM ($, mm)": "33,564.87", "AUM % Change": "-0.51%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-19.54", "AUM ($, mm)": "7,013.18", "% of AUM": "-0.28%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-12.89", "AUM ($, mm)": "17,482.99", "% of AUM": "-0.07%"}, {"": "Commodities", "Net Flows ($, mm)": "-212.40", "AUM ($, mm)": "126,133.61", "% of AUM": "-0.17%"}, {"": "Currency", "Net Flows ($, mm)": "610.32", "AUM ($, mm)": "57,189.72", "% of AUM": "1.07%"}, {"": "International Equity", "Net Flows ($, mm)": "971.55", "AUM ($, mm)": "1,427,708.73", "% of AUM": "0.07%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "24.77", "AUM ($, mm)": "173,791.92", "% of AUM": "0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "26.12", "AUM ($, mm)": "13,793.40", "% of AUM": "0.19%"}, {"": "Leveraged", "Net Flows ($, mm)": "83.60", "AUM ($, mm)": "92,900.00", "% of AUM": "0.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,278.82", "AUM ($, mm)": "5,334,389.93", "% of AUM": "0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,571.43", "AUM ($, mm)": "1,369,113.14", "% of AUM": "0.11%"}, {"": "Total:", "Net Flows ($, mm)": "5,321.77", "AUM ($, mm)": "8,619,516.63", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Stella Qiu\nSYDNEY, March 7 (Reuters) - Asian shares rallied in relief on Thursday while the dollar nursed losses after the world\'s most powerful central banker reassured investors that U.S. rates would fall this year, setting the scene for policymakers in Europe.\nJapan\'s Nikkei reversed earlier gains and the yen jumped past the 149 per dollar level to the highest in a month as momentum builds that a move from the Bank of Japan to end negative interest rates could come as soon as this month.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, while Japan\'s Nikkei fell 0.8%, after hitting a fresh all-time high earlier in the session.\nJapanese workers\' nominal pay in January grew 2% from a year earlier, data showed, accelerating from a gain of 0.8% the previous month. In other news, Japan\'s major union won big pay hikes in 2024 wage talks. BOJ board member Junko Nakagawa said on Thursday the economy was moving steadily towards sustainably achieving the central bank\'s 2% inflation target.\nOn speculation that the BOJ could move this month, the dollar lost 0.5% to a one-month low of 148.61 yen.\nChinese blue chips rose 0.3% and the Shanghai Composite index gained 0.4%. Hong Kong\'s Hang Seng index was an outlier, down 0.3%. Traders are waiting for China\'s January-February trade data to gauge the strength of the world\'s second-largest economy.\nElsewhere, markets were higher, with Taiwan\'s share market hitting a record high, after Federal Reserve Chair Jerome Powell stuck to the script by saying the Fed still expects to cut rates later this year, even though continued progress on inflation "is not assured".\nThat kept bets of a rate cut in June alive at an 84% probability. Longer-term bond yields slipped, gold prices hit a record high and oil jumped.\n"There was nothing particularly surprising within Fed Chair Powell\'s prepared monetary policy testimony to Congress - which is pretty short in fairness – or the Q&A session," said James Knightley, chief international economist at ING.\n"More data is required, but with more evidence of a cooling jobs market we still think they can cut rates from June."\nIndeed, data showed U.S. private payrolls increased slightly less than expected in February, although the report does not have a strong correlation with the official non-farm payrolls report due on Friday.\nFor now, investors are looking ahead to the policy action in Europe. The European Central Bank is set to keep interest rates steady at a record 4.0%, but any messaging from policymakers that support a rate cut in June would be a relief to markets.\nFutures are almost fully priced in for a first rate cut from the ECB in June, with a total easing of 88 basis points expected for all of this year.\nIn the currency markets, the broad weakness in the U.S. dollar has helped the euro break key resistance to a six week top of $1.0901, but a major chart level of $1.0916 weighed.\nTreasuries were steady in Asia. The benchmark 10-year U.S. yield was flat at 4.1156%, having slipped 3 basis points overnight to 4.0790%, the lowest in a month.\nCommodity prices rallied on a softer dollar. Gold prices were steady on Thursday at $2,148.76 per ounce after hitting a record high of $2,152.09 overnight.\nOil prices were mostly flat, having jumped 1% on Thursday. Brent rose 0.1% to $83.04 a barrel, while U.S. crude gained 0.1% to $79.24 per barrel.\nBitcoin hovered near record highs at $66,153.\n(Reporting by Stella Qiu; Editing by Jacqueline Wong)', "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", 'The Runestone, a landmark inscription on theBitcoinblockchain notable for its size, is up forauction. Leonidas emphasizes the project\'s commitment to fair distribution: "There is no team allocation, pre-sale, etc., and the open-source eligibility algorithm was designed to not favor whales." He positions the Runestone as "a non-utility project" and collectible art, viewing it as a "badge of honor" for those who believed in the Ordinal protocol early on.\nThe inscription currently holds the record for the largest ordinal by block size. Bidding for the Runestone, designated as inscription 63,140,674, currently sits at 0.26 BTC, roughly equivalent to $17,261.61 on the Ord City marketplace. Importantly, all proceeds from the auction will be directed towards covering network fees associated with the upcoming Runestone airdrop and distributed to Bitcoin miners. The Runestone auction concludes on March 8, 2024, at noon EST.\nThis auction follows the highly anticipated Runestone airdrop, officially inscribed on the Bitcoin blockchain earlier this week. This 3.97 MB inscription, encompassing two entire blocks, is one of only seven ordinals exceeding 400,000 bytes. Notably, it was created in collaboration with OrdinalsBot and Marathon Digital Holdings, who mined the record-breaking 3,991,547-byte block for its inscription.\nWhile the exact date remains undisclosed, the upcoming Runestone airdrop will see over 112,000 eligible Bitcoin addresses receive a Runestone inscription. Additionally, a future airdrop of Runes tokens is planned upon the launch of the Runes protocol on the Bitcoin network, expected to coincide with the Bitcoin halving around April 20, 2024.', 'The Runestone, a landmark inscription on theBitcoinblockchain notable for its size, is up forauction. Leonidas emphasizes the project\'s commitment to fair distribution: "There is no team allocation, pre-sale, etc., and the open-source eligibility algorithm was designed to not favor whales." He positions the Runestone as "a non-utility project" and collectible art, viewing it as a "badge of honor" for those who believed in the Ordinal protocol early on.\nThe inscription currently holds the record for the largest ordinal by block size. Bidding for the Runestone, designated as inscription 63,140,674, currently sits at 0.26 BTC, roughly equivalent to $17,261.61 on the Ord City marketplace. Importantly, all proceeds from the auction will be directed towards covering network fees associated with the upcoming Runestone airdrop and distributed to Bitcoin miners. The Runestone auction concludes on March 8, 2024, at noon EST.\nThis auction follows the highly anticipated Runestone airdrop, officially inscribed on the Bitcoin blockchain earlier this week. This 3.97 MB inscription, encompassing two entire blocks, is one of only seven ordinals exceeding 400,000 bytes. Notably, it was created in collaboration with OrdinalsBot and Marathon Digital Holdings, who mined the record-breaking 3,991,547-byte block for its inscription.\nWhile the exact date remains undisclosed, the upcoming Runestone airdrop will see over 112,000 eligible Bitcoin addresses receive a Runestone inscription. Additionally, a future airdrop of Runes tokens is planned upon the launch of the Runes protocol on the Bitcoin network, expected to coincide with the Bitcoin halving around April 20, 2024.', '• US stocks rose on Wednesday as investors took in Powell\'s remarks on interest rates.\n• Rates could come down "significantly" over the next few years, the Fed chief said.\n• But the path of interest rates will depend on whether inflation continues to cool.\nUS stocks rose on Wednesday as markets took in Jerome Powell\'s testimony before Congress, during which the chief central banker said the central bank is still looking at rate cuts in 2024.\nAll three benchmark indexes rose, while bond yields were slightly lower.\nThe US is still on a "good path" to a soft landing, Powell said, a scenario where inflation falls to the Fed\'s 2% target without the economy slipping into a recession.\n"We expect inflation to come down, the economy to keep growing ... if that\'s the case, it will be appropriate for interest rates to come down significantly over the coming years," Powell said during the first day of his testimony to Congress.\nMarkets appeared to shrug off the Fed chair\'s more hawkish comments, as he also noted that inflation falling to 2% still isn\'t a sure thing.\n"The Fed can afford to sit on higher rates until the labor market starts to crack," Jamie Cox, a managing partner at Harris Financial Group, said in a statement on Wednesday.\xa0 "Maximum employment is the stronger of the two mandates for rate cuts, and there is no there, there to force cuts at this point."\nSome investors, though, are still betting on aggressive rate cuts by the end of the year. Markets are pricing in a 51% chance the Fed could cut interest rates more than 75 basis-points, according to the CME FedWatch tool.\nRegional bank turmoil resumed after The Wall Street Journal reported that New York Community was looking to raise capital to stabilize its business. Shares plunged as much as 47% before rising sharply again after it was announced that the bank would geta $1 billion infusionfrom a group including the firm led by former Treasury Secretary Steven Mnuchin.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500:5,104.76, up 0.51%\n• Dow Jones Industrial Average:38,661.05, up 0.2% (+75.86 points)\n• Nasdaq Composite:16,031.54, up 0.58%\nHere\'s what else is going on today:\n• The S&P 500 risks crashing 60% as a recession loomsover the economy, according to elite analyst Milton Berg.\n• A Trump reelection could be the biggest threat to the global economy, "Dr. Doom" Nouriel Roubini said.\n• China\'s real estate slump could get much worse.\n• CEOs are suddenly feeling a lot better about the economy.\n• China\'s focus on boosting exports could spark a new trade war, one economist warns.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1.15% to $79.05 a barrel.Brent crude, the international benchmark, increased 1% to $82.85 a barrel.\n• Goldedged up 0.6% to $2,155.10 per ounce.\n• The 10-year Treasury yield dropped two basis points to 4.1o8%.\n• Bitcoinsurged 7.72% to $67,428.\nRead the original article onBusiness Insider', "Alex Kovtun; IR; Gateway Group Inc\nGreg Beard; Chairman & CEO; Stronghold Digital Mining Inc\nMatt Smith; CFO; Stronghold Digital Mining Inc\nLucas Pipes; Analyst; B. Riley Securities Inc\nJoe Flynn; Analyst; Compass Point Research & Trading LLC\nKevin Dede; Analyst; H.C. Wainwright & Co LLC\nOperator\nGood morning, and welcome to Stronghold digital mines conference call for the fourth quarter and full year ended December 31, 2023. My name is Towanda, and I will be your operator this morning before this call, Stronghold issued its results for the fourth quarter and full year of 2023. Any press release, which is available in the Investors section of the Company's website at w. w. w. dot Stronghold digital money.com. You can find an link in the Investors section at the top of the homepage joining us on today's call are strong host, Chairman and CEO, great beer and CFO, Matt Smith. Following their remarks, we will open the call for questions.Before we begin, Alex Compton from Gateway group will make a brief introductory statement. Mr. Copeland, please proceed.\nAlex Kovtun\nGreat.Thank you, operator. Good morning, everyone, and welcome. Today's slide presentation along with our earnings release and financial disclosures were posted to our website earlier today and can be accessed on our website at w. w. w. dot Stronghold digital mining.com. Some statements we're making today may be considered forward-looking statements under securities law and involve a number of risks and uncertainties. As a result, we caution you that there are number of factors, many of which are beyond our control, which could cause actual results and events to differ materially from those described in forward-looking statements. For more detailed risks, uncertainties and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and public filings made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law, we will also discuss non-GAAP financial metrics and encourage you to read our disclosures and the reconciliation tables to applicable GAAP measures in our earnings release carefully. As you consider these metrics, we expect to file our annual report on Form 10-K on or around March eighth, 2024, with the Securities and Exchange Commission, which sets forth detailed disclosures and descriptions of our business as well as uncertainties and other variable circumstances, including but not limited to risks and uncertainties identified under the caption Risk Factors. You may access Stronghold Securities and Exchange Commission filings for free by visiting the SEC website at www.SEC.gov for Stronghold Investor Relations website.At ir dot Stronghold digital mining.com.I would like to remind everyone this call is being recorded and will be made available for replay via a link available in the Investor Relations section of strongholds website.Now I would like to turn the call over to Stronghold Chairman and CEO, Greg Peters.\nGreg Beard\nGreg.Good morning, everyone, and thank you for joining us on our fourth quarter and full year 2023 earnings call. We will be referencing an associated slide presentation throughout the call that is available through the webcast and on the Investor Relations section of our corporate website.Let's start on Slide 3. I will say this on every earnings call until it's no longer true Stronghold is the only environmentally beneficial and vertically integrated public bitcoin miner can own and operate two mining waste to power facilities in Pennsylvania, scrap brass and Panther Creek, with aggregate capacity of 165 megawatts through our process scrubbed grass and Panther Creek and removed an estimated 30 million tons of toxic mining waste from the environment from nearly 100 different sites. Today, we operate over 40,000 bitcoin miners with 4.1 extra hash of hatchery capacity. While we are thrilled to surpass for excess cash, we believe that we have significant runway to continue cash rate growth within our existing infrastructure by high-grading our fleet as a vertically integrated bitcoin miner, we have a unique and substantial asset base with significant potential for complementary revenue streams in November we announced our carbon capture project, which is simply an extension of our reclamation process. We are excited about the progress we have made on this project over the last few months. We believe that we can capture up to 100,000 tons of CO2 annually at baseload capacity utilization of our plants as discussed in our December presentation.Moving to slide 4, over the past year and a half Stronghold executed on its plan to grow hash rate to four extra hash with high capital efficiency. And we plan to continue adding hash rate in improving our fleet efficiency opportunistically, we have over 40,000 energized slots, and these slots could support more than seven extra ash of mining with a high-graded fleet of latest generation miners, we are exploring various avenues and structures to grow into this capacity.Looking at our fleet, the average efficiency for our 2,500 for these efficient miners exceeds 40 joules per Terra and our next 10,000 feet deficient miners are approximately 37 jewels per Terrace. That's low hanging fruit and just replacing those miners with latest generation miners could yield hash rate capacity of over 5.3 extra ash. So we think that the hydrogen opportunity is very attractive.We also remain focused on improved uptime at our data centers have been working closely with the Frontier mining team since October two and a half enhance our data center operations going into having in April, this partnership has been a success as evidenced by our recent achievement of approximately 3.9 extra hash operating hash rate.Moving to Slide 5. As the having approaches, we continue to focus on liquidity and debt service obligations. As of February 29, we had over $10 million of liquidity. So current liquidity more than covers the $6.5 million in 2024 mandatory amortization associated with our white hot notes from the $1 million of remaining committed minor CapEx. And importantly, our operations are generating cash flow with over $5 million of adjusted EBITDA projected for the first quarter, further enhancing our resiliency.Moving on to Slide 6 to discuss bitcoin market dynamics. Following the approval of bitcoin ETFs from January, we have seen a significant rise in bitcoin price and half-price bitcoin has set a new all-time high in ash prices, around $0.12 per ash. There had been $8 billion of inflows into the ETFs, which averages nearly 6,000 bitcoin per day, 6.5 more and what is mined daily. So we view the recent run-up in bitcoin price as a result of the mismatch in supply with the price run-up continue. While we won't take a view on inflows representing potential demand, the halving will impact the supply side of the equation, which all else equal is quite constructive.For future bitcoin price.Moving on to Slide 7. Owning our own power assets gives us a lot of optionality as electricity is the largest variable cost to mine because it enhances our ability to be responsive to changing market conditions. When power prices are high, we turn off our miners and sell to the grid when prices are lower than bitcoin mining economics were higher than variable fuel costs. We use the plants to power our miners and when power prices are lower than our variable plant costs, we turn off the plants and import electricity to power our miners power prices in our region are currently very low with the forward curve for the remainder of 2024, averaging around $30 per megawatt hour while low power pricing is a trend broadly forward. Curves in PJM are generally the lowest in the country right now. This is great for us because it gives us the flexibility to opportunistically import electricity from the grid to power our miners and unit, you can expect to see us do just that.Moving to slide 8, on the other side of the equation. The PJM grid is extremely vulnerable over the medium to long term. Renewable energy sources like solar and wind are great because they're clean. But the unfortunate reality is that they generate power intermittently, replacing stable baseload generation with intermittent generation, severely threatens the stability of the grid. This is becoming very clear in PJM by its own accounts, 40 gigawatts of baseload thermal generation is expected to be retired by 2030. This is over 20% of current PJM generating capacity. On top of this, nearly 95% of power generation projects in the PJM queue already renewable, and it takes multiple megawatts of renewables to replace each megawatt of baseload generation. As a result, at the current rate of development, PJM believes that the new projects will not be sufficient to keep up with demand growth and the expected plant retirements by 2030. The implied outcome here is extreme volatility and market tightness in the medium to long term, making existing baseload assets like scrap grass and Panther Creek highly valued.Moving to Slide 9. Since announcing our carbon capture project in November, our team has made significant progress, improving our enhancing and validating our process. Recall that our initial third party testing indicated that our scrub grass ash could capture carbon at a capacity of up to 12% by starting weight of the ash. Our recent tests from our first couple that have demonstrated that up to 14% is achievable. We recently partnered with the Pittsburgh Mineral & Environmental Technology Lab was assisting with more enhanced lab analysis, further improving and reinforcing our process. In early February, we announced that we have begun constructing our second cover of this with our partners Cabometyx. This carbonless is now up and running and scrubbed press inclusive of design enhancements and we expect will increase airflow and carbonation and reduce cost and construction time his second cover that cost is about $33,000 in materials, representing significant savings from the first couple of years. And we expect to continue to reduce costs as we scale.As we mentioned on our last earnings call, our team has been working closely with carbon dynamics since September to list our project on the pure registry, the world's first registry for engineered carbon sequestration projects to monetize our carbon renewables in the private market. We are excited to announce that pure earth registry registered the scrub rest facility in late February and the Company will now undertake the REO process, which is the next step towards generating carbon capture related revenue. We are now embarking on the audit process in Piura and our goal is to have an accredited carbonated materials project as early as the end of the second quarter. We expect to have further updates on this project, including timeline for meaningful monetization and related milestones in the next few months.With that, I would like to pass it over to our CFO Matchmind.\nMatt Smith\nThank you, Greg. Moving to slide 10, we continue to believe that Stronghold is significantly undervalued on an absolute basis and acutely So relative to public bitcoin mining peers when looking at select valuation metrics, adjusted EBITDA, hash rate capacity and adjusted EV to annualize January pigment production, strong oil trades at an approximately 70% discount to peers. I have nothing else to add. Lastly, on Slide 11, revenue for the fourth quarter was $21.7 million with $20.5 million from cryptocurrency operations on 599 bitcoin mined at $1.2 million from energy operations. GAAP net loss was $21.2 million for the fourth quarter and adjusted EBITDA was $2.3 million. A reconciliation for those figures is included in the appendix.I will now turn the call back over to Greg for closing remarks.\nGreg Beard\nThanks, Matt. To summarize what we've discussed today, we are executing on the objectives we have communicated to the market. We remain confident in the strength of our business going into happening, and we believe that we have outstanding growth prospects through high-grading our fleet and developing carbon capture. With that, we'll open up the call for Q&A. Operator?\nOperator\nThank you. Ladies and gentlemen, as a reminder, to ask a question, please press star one one on your telephone and then wait to hear your name announced To withdraw your question, please press star one one. Again, Please standby while we compile the Q&A roster. Our first question comes from the line of Lucas Pipes with B. Riley. Your line is open.\nLucas Pipes\nThank you very much, operator. Good morning, everyone. I have really wanted to do two ask a few questions on Slide 4. We show that on column with additional opportunities a few a few questions there. First off, what type of machine should we be thinking about what would a reasonable cost or CapEx range be for that? Or is that included in the guidance, I don't think so. But I would appreciate your perspective. And then I have a few more follow-up question.\nGreg Beard\nYes. So I think we're thinking about it in terms like the generic latest-generation minor that you can still buy. So we're not looking at the next generation to the current latest generation. So something like a bit main that's 21 in terms of the market for these machines changes really weekly. And in the past, we've been very opportunistic about how we've managed to fill slots, whether it be just buying machines out, right, JV-ing on machines just to just to improve the capital efficiency and to get a very high ROE. And so I think at the at current prices, market prices you'd say, hey, to fill up all the slots would be around $20 million at current rates. We think obviously the rates are going to be potentially materially different post having some And as always, we're trying to do better than than down the market in terms of what we spend and how we structure.\nLucas Pipes\nThank you, Greg, what When would you make a decision on deploying additional capital there?\nGreg Beard\nYou know what I think we would once you give us say a quarter to present what we what I want to do in the pace of that on potential repowering of the data center or E, are we replacing all of these our miners with more and more miners. So I think we're not ready to be specific with dates and times yet on those not just really a function of them, making sure that we're opportunistic to achieve the best pricing and rates of return on that equipment.\nLucas Pipes\nGot it. Do you have a site in mind?\nGreg Beard\nYes, I think we have we've only got two sites scrub resin, Panda Creek. So I think you can expect it at all plants.And just to be clear, at current current pricing, it's $20 million per accident hash machine, just in case that was missed.\nLucas Pipes\nNo to Thank you. Thank you for that.So look, I think.\nMatt Smith\nYes, Lukas, I would just add, I think I think there is some as we've been carefully observing industry peers, announcing growth projects that are significant kind of greenfield builds for that require extraordinary time lines and future delivery schedules. What we're what we're trying to focus you on is the fact that we've looked at third sites and we've looked organically at our own existing 41,000 slots. And we have a number of at our Tier one Tier two Tier three miners in terms of stratifying by efficiency and if you were to take the least efficient miners and high-grade does into what's called an S. 21 type miner, which could utilize existing plugs that are energized, you can get to seven X ash plus. And so and identifying that that's an opportunity is not a commitment to I spend money to do that. But we've demonstrated various actually very creative ways filling slots in the past, and we think there are a lot of opportunities to build. But to do that without I'm stretching forward. So the fact we have seven exact capacity in the existing data centers is the message.\nLucas Pipes\nGot it.I appreciate that in kind of switching topics. If obviously, power price environment has been very soft and you noted your flexibility to toggle between your own generation and purchasing power. Could you speak a little bit to what your costs are when you produce in house today at Pentair and scrub grass and And Tom, what kind of what the utilization rate of the plants is expected to be at this in this price environment?\nGreg Beard\nYes.So this is just a nice like reminder of the strength of the stronghold business model, which is, hey, if power prices are super high, we can quickly turn the data centers off and divert all of that power to the grid. And conversely, when power prices are low and by low, we have lowered our variable cost to make power we can and we wouldn't do it on a single day. But it's expected to be low four weeks or a month. We can turn the power plant off. So right now we're saying that we're expecting costs to average between $40 or $45 per megawatt hour to make the power. And you looked at the forward curve for power expected power pricing in PJM, it's one of the lowest power markets in the US. And so that's that decision to come to buy power instead of make it becomes when we see power in the 20s or below, which is where we're seeing it now seasonally. So I think, Tom, you can expect us to just make the economic decision to buy the power at a cheaper cost than we can make it, which is there's a if there is a spot in the middle where it makes sense to run the plants and supply all that power of the data centers. But now we're looking like if the curve ends up playing out as it as it's priced, will run at least scrub brass seasonally rather than off time and then buy power for a lower price. You can make it, which obviously will end improve our margins.\nLucas Pipes\nThank you very much, Greg. Really appreciate the color and best of luck. I'll turn it over for now.\nGreg Beard\nYes.Okay.\nOperator\nThank you. Please standby for our next question.Our next question comes from the line of Joe Flynn with Compass Point Research & Trading, your line is open.\nJoe Flynn\nI guess I wanted to dig a little bit more on on your strategy going into H2, I guess I'm $30 megawatt hour. It's produced strong prices from a marginal cost standpoint, machines on. But I guess in the event, we don't see correction of hedge prices and you kind of see it sub $0.05 level in the months, like how do you how you're going to manage the balance sheet and growth, your ambitions to ultimately place?Yes.Yes, yes.\nGreg Beard\nYes, I hey, I think we have the benefit of not having to be making debt amortization payments, and we have no or very, very small obligations on CapEx today. So we are in right now today, we're generating cash. And so and if you looked at our at the potential for the improvement in efficiency of our mining fleet. And you're going to have to we need to outlay the market, what the what a realistic time frame to do that, which we will do. But I think the best response they're having in our view is to drive power costs as low as you can. That's really the most important variable that we can control. And just happily, luckily, we have a power curve and it allows us to do that. So we're going to end up with with lower power costs and what we would have modeled a quarter ago, given where the curve it moved just related to natural gas pricing being so cheap. But I think if you if you were to study our balance sheet and our obligations there purposely low due to having to let us get to the point where we should be able to begin to spend to upgrade the fleet on time.Which will give us a benefit on top of having a extremely low power price. I think also at some point, they were making a lot of progress on carbon capture and that project is really designed as well to give us an even lower power price sort of on a net basis for that. So that say, that's one of the reasons that we continue to focus on on carbon capture as a as a benefit to the Company.\nJoe Flynn\nThanks that that's helpful. And I wanted to dig more into the Houston business. Have our demonstrated strong results. But I guess just what do you think the outlook is there? I was wondering if you could pursue additional opportunities on that front and on maybe the overall advantages to kind of your model versus your traditional hosting model?Definitely struggled over the past two years. There's a lot of industry talk. I talk about the holiday mile going away I guess, how are you guys positioned in that?\nGreg Beard\nYes. So I think we're we think we have a good relationship with our partners, and I think you're really unlikely to see us enter into what I would just kind of like a regular way of hosting while we run somewhere else is minor and sell them power, we strongly prefer the model we share a significant amount of the the bitcoin mining revenue with our partners. So I think I think we'll expect them to continue in some way. And if we are, I think I would view that as one of the opportunistic ways to drive the efficiency to better play from the miners is through expanding our JVs with our existing and new partners, something it's a thing that we don't we don't we're not expecting any immediate changes to the the JV structures.\nJoe Flynn\nDave has often said that you.\nGreg Beard\nThank you.\nOperator\nThank you. As a reminder, ladies and gentlemen, that's star one to ask the question. Please standby for our next question.Our next question comes from the line of Kevin Dede with H.C. Wainwright. Your line is open.\nKevin Dede\nThanks, hi, Greg, Matt, thanks for having me on. Greg, kind of a I guess, sort of a broad one. I was hoping you would take some time to walk walk me through anyone else. I was curious on on on the carbon capture and the balance of now that you're seeing 14% recovery, a lower cost to deploy the carbon list and the balance of running the plants to generate the ash and the expected revenue off? It's a big question. I know that you're expecting accreditation are on Piro next quarter, which means conceivably you could see revenue in the third quarter. At what point do you think you can just run both plants all out regardless of the PowerCurve?\nGreg Beard\nYes, sort of I can't. That's that's what you're describing is absolutely the goal. And I would say the last three months has been a bit better than confirmatory because it's when you're driving the rate of carbon absorption up. And not only is the is the is the upper potential had moved up and the rate that the Ashes carbonated has moved up. So the not only is it going to require fewer cargo lifts to get the same job done on the cost of this cordless is coming down and labor is coming down. So we're really I think we were very conservative in the early days and I sort of late last year describing the potential of the project, but it's still in a while, and we've made a ton of progress. And every on every assumption has proven to be conservative on so far, but it's still too early. It's still too early to spike the football and say, hey, we're going to have extra more carbonless fully deployed and generating some X amount of revenue related to that sequestration. I think that should happen. I would expect that we'll be in a position to do that in the next quarter. But I think we've got it. We're still testing some just literally dozens of tests a week from now on. Now we're testing this newly redesigned the cover live, never to that as a increased airflow. So I think it's from our vantage point, I think when when we see a plateau in the testing results and we've sort of iterated to the best cargo lift design that maximizes airflow and carbonation. And that also minimizes the CapEx build-out cost. That's when they'll say, hey, now we're ready to do to go ahead and do the build-out. And at that point, we'll describe what the CapEx costs are and what we think we can can sequester. But you're right, the reason to be excited is that this is a revenue stream that when looked at on a on a an offset for power costs, it's going to meaningfully drive the the revenue up and the sort of the average cost per megawatt down, which is that that was the which we've always said that that's even more important than deficiency of the achieves a low power cost. So that's what we're driving toward. So I think it fits standby, give us some give us a, you know, a quarter to continue to refine our results and designs and with those results and designs, we can have accurate CapEx estimates, inaccurate timeframes on share. And I think on the we also disclosed, we are now listed on the bureau registry and I guess they've now begun their quote auditing process, but I think make no mistake about it. This will be a big year for carbon capture and at least at scrubbed graph this year. So that's that's the sum and hopefully will in the next quarter have specifics to share as well. So I'm sorry, we can't tell you exactly per unit and everything. But that's a I can say. We did all that math in December on a hypothetical basis, and it is materially better than what we had initially thought in terms of CapEx speed to carbonate and a new rate of absorption. So let us.\nKevin Dede\nOkay.And finally, you know, I appreciate the color. No need to apologize. Understand. It's a very dynamic situation appreciate all the effort there understand.\nGreg Beard\nWe didn't know that it would we just we just don't want to we don't want to go backward and say, hey, we promised X percent or whatever costs and have it be --\nKevin Dede\nNo, I completely completely understand. There's been enough of that. Maybe maybe a little more insight on associated revenue timing if you are registered by the end of the second quarter as the press release intimated, would that is it fair to assume you could see revenue in the third quarter? Maybe give us a little more insight on that? How are you looking at it?\nGreg Beard\nYes, I would say if we get on the registry we could what we'd hope to do is so our carbon credits in the private market and on a forward looking basis. So I'd say once we have our science and we're confident we can share that with potential buyers of carbon credits and are on the exchange and audited. And I guess then transactable in this way, that then opens up the ability for us to sell if we could sell out then the a certain number of credits and deliver those as we build the project down. So I think it's absolutely right. I think I think if there is a benefit to being on a registry it's fit on and have the process fully vetted out and we can then sell credits before we generate them with an expected time line to deliver them well before we aggregate it in the forward market.\nKevin Dede\nOkay.Okay.That sounds good. Another topic I think has to do with the mention of Champion. Could you just help me understand how champion interfaces between you and PGM. and how you see them helping to deliver those lower power power prices to you before carbon capture, as you know, fully up and running at both plants?\nMatt Smith\nHey, Kevin, it's Matt. So we I would refer you back to our just our December on the press release. And when we when we mentioned that we have been through we've been through deep discussions, constructive discussions with PJM around our data center load banks, co-located the plants. And we have been over the course of the last few months purchasing retail electricity. And when you are in that market from this is when the when the plant is not on which we're working on December, Panther Creek had an outage that we've since come out of and it's been running well. But during that period of time, we were purchasing retail electricity. And at times the the ad or the premium to wholesale can be onerous, which I think you can see in the fourth quarter and fuel and important, our cost Fast Forward, we wanted more visibility and more flexibility when you go into the shoulder here on what was a very warm February natural gas prices are at [$50, $75] versus a year ago when they were twice that. And it's the marginal fuel market. And so we expect single digit to $20 real-time prices in the shorter, potentially, notwithstanding any we have Ukraine, Russia type of real structural items, and you want to be able to purchase power at as low of a cost in real-time markets as you can during that period. And so we have been working on competitive supply agreements for a while to make sure we have ultimate flexibility. And we're very grateful with so to have Calpine Champion Energy Park, Alpine stepped into that role, and we're very excited about the reduced cost of power that will absolutely result from that during periods when we're importing. So that's it's a pretty big, but it will result in a pretty big savings for us.\nKevin Dede\nOkay.So So looking out, we should assume generally, right generally that you're running both plants sort of sort of peak times excess past winter, but maybe through the summer and then off on the shoulder months. Is that a fair assumption, at least for the next year or so?\nMatt Smith\nIf so we are going to run scrubbers, I would say more or less the base cases as a peaker or more than that, depending on carbon mean as we start to monetize carbon potentially and perfect, our design carbon, could it be a step-change in the scrub rest cost of power. But right now, as we're looking at it, the peak price for power the rest of the years in July at 50 bucks ish. And so in that case, you can buy power well below your marginal fuel cost. You do it on this discovery has probably runs as a peaker and Fanta Creek is likely to run as a baseload continue to run as a baseload plant for throughout the year, aside from some potential plant outage time that we're not is not yet in the calendar.\nKevin Dede\nOkay.Any immediate plans to drive the carbo lifts at Panther. Given that you'll have continuous supply of ash.\nMatt Smith\nYou would say we're still switchgrass is nearest term on due to the really high limestone calcium element of the CFV. process there. Once we perfect scrubber asked where we started and we start, we're starting, it will move over to Panther. We don't really see any reasons why why Pandora can't scale as well. But we need to go over and further test the ash, the byproduct beneficial at SaaS. And then ultimately, we can potentially scale both plants so that I would just describe Ross's near term focus because it's it's already started and we have 600 plus acres and there are a lot of benefits, including a very calcium rich nature of the ash. And so we're going to scale as Congress first probably and then move over to standard.\nKevin Dede\nYes, I understand the agri and Grand demand on capital, that's the hinge. But have you considered other sites? Any change in your thinking on that? And if so, what type of time line might you consider?\nGreg Beard\nYes.I think we're on it. We're always looking at other sites and comparing what we have today, does it make sense to us to high-grade our fleet at our current sites? Or should we look at a at new sites, we're constantly sent opportunities review on new sites, but I think the cost of our power is lower than what most of us think that you'll be seeing could achieve. So I think there we have we have no pending or announceable new sites at this point. But we are we are constantly reviewing.\nKevin Dede\nOkay.Fair enough.I'll hop back in the queue, Greg, Becca.\nOperator\nThank you. As a reminder, ladies and gentlemen, that's star one. Wanted to ask a question. Please standby for our next question. We have a follow-up question from the line of Lucas Pipes with B. Riley. Your line is open.\nLucas Pipes\nThank you very much, operator, and thanks for taking my follow-up question, Greg, there's a lot of talk about shortages of power and given demands not only from bitcoin mining but also AI applications. To what extent are you receiving inbound given your direct access to power and land package.Thank you very much.\nGreg Beard\nYes, I would say we do have interest from inbound enough, but I would say the from the recent run-up in bitcoin price and hash price. It's an attractive business to run right now. We'll see what happens post others having dash price and Bitcoin price. But I think if Bitcoin or to be now outlawed from the earth there is there are multiple purposes for you have 40,000 fully built-out plugs that have a computing capacity available given what's happening in the world of AI as well so that we are we're confident that the all of the infrastructure that we were running that we built with access to the power and that, that redundancy is a valuable infrastructure assets.\nLucas Pipes\nThank you, Matt. A quick quick question on the whiskey, the Tango slide. If you've been in public markets for a long time, how do you explain these d Last 60 Days of Bitcoin's Closing Prices: [43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-07 Financial & Commodity Data: - Gold Closing Price: $2158.00 - Crude Oil Closing Price: $78.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,313,962,513,650 - Hash Rate: 710022770.2513928 - Transaction Count: 436344.0 - Unique Addresses: 714978.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Grifols SA is pushing back against a report by Gotham City Research LLC that alleged the company has overstated profit and misstated its accounting, which sparked a record one-day selloff in the shares. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts The Barcelona-based blood plasma company said all the transactions mentioned in the short seller’s report were recorded and presented to regulatory authorities in Spain and the US. “There’s no new information that can be considered hidden,” Grifols said in a filing on Tuesday. The accounting treatment given to deals such as the sale of Haema and Biotest Pharmaceuticals Corp. to Scranton Enterprises BV, a vehicle related to the founding family, was fully endorsed by auditor KPMG, the company said. Gotham City had said that because of this transfer none of the revenues of the two companies were available to Grifols or its creditors to pay back debt. Even so, investors were clearly spooked by the short-seller allegations. The stock plunged 26%, wiping out about €2.2 billion ($2.4 billion) of market value. At one point, it was down as much as 43% during the trading session. More than 26 million shares changed hands, compared with a daily average of about 1.5 million. Grifols is planning a management call with investors on Wednesday in an effort to reassure investors, according to analyst reports. The company declined to comment on whether its holding a call, but said in the filing that it would issue another statement relating to other aspects of the business that were criticized in the report. In their report, Gotham City said the stock market “appears to fundamentally misunderstand the company” and said Grifols artificially reduced leverage by consolidating earnings of units it doesn’t control. Story continues Analysts who cover Grifols viewed the report with skepticism, with some saying that the fund’s allegations weren’t new. “No one who knows the story should be surprised by this,” wrote Patricia Cifuentes, an analyst at Bestinver Securities, adding that she’s been adjusting the company’s leverage ratios for years and the off-balance sheet debt is well known. The Spanish company has long faced concerns about its business and strategy for growing through debt-funded deals. In recent months, the stock has rebounded as the company took steps to sell assets and cut debt, reaching a deal to sell most of its stake in Shanghai RAAS Blood Products Co. to a Chinese company for about $1.8 billion. About 2.6% of Grifols shares have been borrowed and sold short, according to S&P Global Market Intelligence data. That’s down from a peak of about 10% in March. Grifols is also planning to repay its €1.84 billion of bonds due in 2025 using existing cash and money from the stake sale, according to a person familiar with the matter, adding it doesn’t need to access markets to refinance the debt. A representative for the company declined to comment on the repayment plans. Gotham City Research, run by Daniel Yu and Cyrus de Weck, is the publishing arm of General Industrial Partners, a hedge fund that launched when Gotham City and short selling fund Portsea Asset Management combined. Last year, the firm targeted French electronic price-tag maker SES-Imagotag SA. The stock has fallen about 24% since Gotham’s report. --With assistance from Bruce Douglas and Irene García Pérez. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Is There Any Hope for Hollywood? Elon Musk’s Alleged Drug Use Comes Under a Microscope Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['As the presidential race is heating up and crypto continues its bull run, it only makes sense to see the two combine. There have been a variety of crypto projects over the past several months that combine meme coins, crypto, politics and an overall sense of eccentricity. These projects are paving a new asset class that some are calling "PoliFi."\nWhile there have been some popular crypto-political projects in the past, such asTrump Digital Trading Cards, the newest fad has been to create meme coins revolving around presidential candidates. Two of the most recent tokens created are doland tremp (tremp) and jeo boden (Boden). And yes, that is how the tokens are spelled.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe tokens, created on the Solana chain, have seen huge price increases over the past week. Since tremp\'s launch on Feb. 27, the token has gone from $0.0001 to a high of $0.1393 on March 7, marking an increase of 139,200%. Boden was launched on March 3 and has seen a similar price increase. It began trading for $0.00004 but reached a high of $0.076 on March 7. This means that boden appreciated more than 189,900% in just three days.\nThe political meme coins seem to be a way for investors to place wagers on elections. Steven Steele, marketing director ofMAGA Coin (TRUMP), said that PoliFi has "evolved to become this kind of de facto betting market on the election for many investors." TRUMP in particular saw its price appreciate when Trump performed well in primary elections.\nTremp and boden are only two of the many meme coins that have popped up on the Solana chain in the past months. Popular tokens Bonk (BONK) and dogwifhat (WIF) have been hits in the crypto community, garnering huge amounts of attention and investment.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nThe tokens do not even try to be serious. The websites for bothbodenandtrempare fraught with memes, intentionally misspelled words and crudely drawn pictures of the candidates. However, this may be more of an attractor to the tokens than you may think. While some may view the tokens as a way to wager on the outcome of the election, others see it as a fun game to throw a few extra dollars into.\nA $10 investment into boden when the project first started would be worth $19,000 now. Not too bad for those who were able to get in early.\nWith tons of stories coming out of both crypto and politics, perhaps none are as off center as the recent PoliFi meme coins of tremp and boden.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleJoe Biden and Donald Trump Both Have Their Own Memecoins, and They\'re up 100,000%+ This Weekoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,952.33", "AUM ($, mm)": "497,734.03", "AUM % Change": "0.39%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "788.29", "AUM ($, mm)": "11,448.70", "AUM % Change": "6.89%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "685.13", "AUM ($, mm)": "417,060.09", "AUM % Change": "0.16%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "627.73", "AUM ($, mm)": "34,352.20", "AUM % Change": "1.83%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "414.15", "AUM ($, mm)": "252,283.68", "AUM % Change": "0.16%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "396.62", "AUM ($, mm)": "20,822.89", "AUM % Change": "1.90%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "370.51", "AUM ($, mm)": "4,249.66", "AUM % Change": "8.72%"}, {"Ticker": "MDYG", "Name": "SPDR S&P 400 Mid Cap Growth ETF", "Net Flows ($, mm)": "314.15", "AUM ($, mm)": "2,839.91", "AUM % Change": "11.06%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "306.95", "AUM ($, mm)": "1,744.01", "AUM % Change": "17.60%"}, {"Ticker": "IBB", "Name": "iShares Biotechnology ETF", "Net Flows ($, mm)": "247.16", "AUM ($, mm)": "7,964.11", "AUM % Change": "3.10%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-773.46", "AUM ($, mm)": "375,159.98", "AUM % Change": "-0.21%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "-405.43", "AUM ($, mm)": "405.43", "AUM % Change": "-100.00%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-366.75", "AUM ($, mm)": "61,746.27", "AUM % Change": "-0.59%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-332.54", "AUM ($, mm)": "25,373.95", "AUM % Change": "-1.31%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-276.72", "AUM ($, mm)": "56,074.72", "AUM % Change": "-0.49%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-256.89", "AUM ($, mm)": "63,514.36", "AUM % Change": "-0.40%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-217.71", "AUM ($, mm)": "17,202.07", "AUM % Change": "-1.27%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-156.91", "AUM ($, mm)": "15,213.95", "AUM % Change": "-1.03%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-154.49", "AUM ($, mm)": "32,633.34", "AUM % Change": "-0.47%"}, {"Ticker": "SQQQ", "Name": "ProShares UltraPro Short QQQ", "Net Flows ($, mm)": "-152.92", "AUM ($, mm)": "3,216.95", "AUM % Change": "-4.75%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "0.93", "AUM ($, mm)": "7,015.51", "% of AUM": "0.01%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "14.74", "AUM ($, mm)": "17,426.65", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-377.59", "AUM ($, mm)": "127,713.31", "% of AUM": "-0.30%"}, {"": "Currency", "Net Flows ($, mm)": "690.99", "AUM ($, mm)": "53,370.80", "% of AUM": "1.29%"}, {"": "International Equity", "Net Flows ($, mm)": "479.69", "AUM ($, mm)": "1,419,711.99", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-0.70", "AUM ($, mm)": "174,314.52", "% of AUM": "0.00%"}, {"": "Inverse", "Net Flows ($, mm)": "-45.69", "AUM ($, mm)": "14,104.93", "% of AUM": "-0.32%"}, {"": "Leveraged", "Net Flows ($, mm)": "459.20", "AUM ($, mm)": "90,138.57", "% of AUM": "0.51%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "4,311.97", "AUM ($, mm)": "5,288,296.37", "% of AUM": "0.08%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,863.89", "AUM ($, mm)": "1,375,668.18", "% of AUM": "0.14%"}, {"": "Total:", "Net Flows ($, mm)": "7,397.44", "AUM ($, mm)": "8,567,760.83", "% of AUM": "0.09%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Leadingcryptocurrency mining specialistssaw skyrocketing stock returns in February 2024.According to data from S&P Global Market Intelligence,Riot Platforms(NASDAQ: RIOT)posted a 29.5% gain whileMarathon Digital Holdings(NASDAQ: MARA)rose by 46.1%.CleanSpark(NASDAQ: CLSK)led the charge with a 107.7% jump.\nAll three rode the coattails ofBitcoin(CRYPTO: BTC), the largest and oldest cryptocurrency on the market and the actual digital asset Marathon, CleanSpark, and Riot are generating in their daily operations. Bitcoin\'s price increased by 45.9% last month. On top of that, the three Bitcoin miners all reported fourth-quarter results in February, and each report either boosted or busted the crypto mining sector\'s returns to some degree.\nFirst, Bitcoin is sandwiched between two robust price-boosting catalysts.\nThe 11 Bitcoin-based exchange-traded funds (ETFs) that were approved in January were a drag on Bitcoin prices at first, but their active buying of digital currency coins has turned into a tailwind recently. TheGrayscale Bitcoin Trust(NYSEMKT: GBTC)has dropped from $28.6 billion to $27.5 billion of assets under management, as investors seek ETFs with leaner fee structures. On the other hand,iShares Bitcoin Trust(NASDAQ: IBIT),Fidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC),Ark 21Shares Bitcoin ETF(NYSEMKT: ARKB), andBitwise Bitcoin ETF(NYSEMKT: BITB)all started from zero on Jan. 12. Today, the Bitcoin assets of the four largest ETFs not named Grayscale add up to a cool $23 billion. That\'s a hefty amount of newfound demand, reshuffling the location of roughly 344,000 Bitcoin coins on short notice.\nOn the flipside, the next halving of Bitcoin mining rewards is scheduled for late April. These pre-planned events take place once every four years, give or take a couple of months, shaking up the economics of Bitcoin mining and enforcing the lifetime limit of 21 million coins, max. Every halving so far has inspired huge price gains over the following 12 to 18 months, and the next crypto winter starts after those post-halving peaks. Past patterns are no guarantee of future market behavior, but this particular template is more reliable than most. I\'m talking about hard-coded changes to how the Bitcoin blockchain network runs, with direct and predictable effects on the digital currency\'s market price. And the next one is coming up in about six weeks.\nSoBitcoin is on a roll, providing plenty of fuel for related stocks such as the crypto miners listed earlier.\nWhat about those earnings reports, though? Here\'s a brief overview of how the three miners performed, and how Wall Street reacted the next day:\n[{"Bitcoin-Mining Stock": "Marathon", "Earnings Surprise": "N/A (Negative earnings, positive estimates)", "Revenue Surprise": "9%", "Next-Day Stock Move": "(17%)"}, {"Bitcoin-Mining Stock": "Riot", "Earnings Surprise": "270%", "Revenue Surprise": "(7%)", "Next-Day Stock Move": "(6%)"}, {"Bitcoin-Mining Stock": "CleanSpark", "Earnings Surprise": "79%", "Revenue Surprise": "5%", "Next-Day Stock Move": "7%"}]\nAnalyst data from Benzinga. Market data from Yahoo! Finance.\nAs you can see, each earnings report pushed the related stock significantly higher or lower, depending on the quality of the results. In particular, Marathon\'s negative earnings threw ice water on the whole mining industry -- the three miners under my microscope all fell 7% or more the next day.\nThe crypto miner volatility isn\'t going away anytime soon. Riot, CleanSpark, and Marathon are investing every penny they can spare in more mining facilities and expanded machine parks.\nRiot\'s hash rate (a measure of the computing power it focuses on Bitcoin mining operations) is expected to increase from 31.5 exahashes per second (EH/s) at the end of 2023 to 40.8 EH/s one year later. Marathon\'s computing power should rise from 24.7 to 36 EH/s over the same period. CleanSpark is a bit smaller with just 10.1 EH/s in December, aiming for 20 EH/s by the end of June and 32 EH/s by year end.\nRiot maintains a squeaky-clean balance sheet with zero long-term debt and $597 million in cash equivalents. Marathon recently paid down its debt balance from $750 million to $325 million while tripling its cash reserves. CleanSpark sits between those extremes with a small cash account and near-zero debt.\nIn light of these balance sheet differences, Riot strikes me as the safest of these inherently risky stocks, and its stock has indeed been less volatile in recent months. Marathon and CleanSpark come with greater financial risk, amplifying the highest highs and lowest lows along the way.\nAll things considered, I\'d rather own Bitcoin or one of the spot-price ETFs than any of the crypto miners. I just get more sleep that way. Your mileage may vary, and all three stocks stand far below their three-year highs after February\'s jumps.\nJust promise you\'ll be careful out there, dear reader, making small investments in these volatile tickers as part of a properly diversified portfolio. I would not recommend betting the literal farm on any of the Bitcoin miners, nor on Bitcoin itself.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nAnders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, and Grayscale Bitcoin Trust (BTC). The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy Bitcoin Miners Marathon, Riot, and CleanSpark Soared in Februarywas originally published by The Motley Fool', 'Leadingcryptocurrency mining specialistssaw skyrocketing stock returns in February 2024.According to data from S&P Global Market Intelligence,Riot Platforms(NASDAQ: RIOT)posted a 29.5% gain whileMarathon Digital Holdings(NASDAQ: MARA)rose by 46.1%.CleanSpark(NASDAQ: CLSK)led the charge with a 107.7% jump.\nAll three rode the coattails ofBitcoin(CRYPTO: BTC), the largest and oldest cryptocurrency on the market and the actual digital asset Marathon, CleanSpark, and Riot are generating in their daily operations. Bitcoin\'s price increased by 45.9% last month. On top of that, the three Bitcoin miners all reported fourth-quarter results in February, and each report either boosted or busted the crypto mining sector\'s returns to some degree.\nFirst, Bitcoin is sandwiched between two robust price-boosting catalysts.\nThe 11 Bitcoin-based exchange-traded funds (ETFs) that were approved in January were a drag on Bitcoin prices at first, but their active buying of digital currency coins has turned into a tailwind recently. TheGrayscale Bitcoin Trust(NYSEMKT: GBTC)has dropped from $28.6 billion to $27.5 billion of assets under management, as investors seek ETFs with leaner fee structures. On the other hand,iShares Bitcoin Trust(NASDAQ: IBIT),Fidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC),Ark 21Shares Bitcoin ETF(NYSEMKT: ARKB), andBitwise Bitcoin ETF(NYSEMKT: BITB)all started from zero on Jan. 12. Today, the Bitcoin assets of the four largest ETFs not named Grayscale add up to a cool $23 billion. That\'s a hefty amount of newfound demand, reshuffling the location of roughly 344,000 Bitcoin coins on short notice.\nOn the flipside, the next halving of Bitcoin mining rewards is scheduled for late April. These pre-planned events take place once every four years, give or take a couple of months, shaking up the economics of Bitcoin mining and enforcing the lifetime limit of 21 million coins, max. Every halving so far has inspired huge price gains over the following 12 to 18 months, and the next crypto winter starts after those post-halving peaks. Past patterns are no guarantee of future market behavior, but this particular template is more reliable than most. I\'m talking about hard-coded changes to how the Bitcoin blockchain network runs, with direct and predictable effects on the digital currency\'s market price. And the next one is coming up in about six weeks.\nSoBitcoin is on a roll, providing plenty of fuel for related stocks such as the crypto miners listed earlier.\nWhat about those earnings reports, though? Here\'s a brief overview of how the three miners performed, and how Wall Street reacted the next day:\n[{"Bitcoin-Mining Stock": "Marathon", "Earnings Surprise": "N/A (Negative earnings, positive estimates)", "Revenue Surprise": "9%", "Next-Day Stock Move": "(17%)"}, {"Bitcoin-Mining Stock": "Riot", "Earnings Surprise": "270%", "Revenue Surprise": "(7%)", "Next-Day Stock Move": "(6%)"}, {"Bitcoin-Mining Stock": "CleanSpark", "Earnings Surprise": "79%", "Revenue Surprise": "5%", "Next-Day Stock Move": "7%"}]\nAnalyst data from Benzinga. Market data from Yahoo! Finance.\nAs you can see, each earnings report pushed the related stock significantly higher or lower, depending on the quality of the results. In particular, Marathon\'s negative earnings threw ice water on the whole mining industry -- the three miners under my microscope all fell 7% or more the next day.\nThe crypto miner volatility isn\'t going away anytime soon. Riot, CleanSpark, and Marathon are investing every penny they can spare in more mining facilities and expanded machine parks.\nRiot\'s hash rate (a measure of the computing power it focuses on Bitcoin mining operations) is expected to increase from 31.5 exahashes per second (EH/s) at the end of 2023 to 40.8 EH/s one year later. Marathon\'s computing power should rise from 24.7 to 36 EH/s over the same period. CleanSpark is a bit smaller with just 10.1 EH/s in December, aiming for 20 EH/s by the end of June and 32 EH/s by year end.\nRiot maintains a squeaky-clean balance sheet with zero long-term debt and $597 million in cash equivalents. Marathon recently paid down its debt balance from $750 million to $325 million while tripling its cash reserves. CleanSpark sits between those extremes with a small cash account and near-zero debt.\nIn light of these balance sheet differences, Riot strikes me as the safest of these inherently risky stocks, and its stock has indeed been less volatile in recent months. Marathon and CleanSpark come with greater financial risk, amplifying the highest highs and lowest lows along the way.\nAll things considered, I\'d rather own Bitcoin or one of the spot-price ETFs than any of the crypto miners. I just get more sleep that way. Your mileage may vary, and all three stocks stand far below their three-year highs after February\'s jumps.\nJust promise you\'ll be careful out there, dear reader, making small investments in these volatile tickers as part of a properly diversified portfolio. I would not recommend betting the literal farm on any of the Bitcoin miners, nor on Bitcoin itself.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nAnders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, and Grayscale Bitcoin Trust (BTC). The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy Bitcoin Miners Marathon, Riot, and CleanSpark Soared in Februarywas originally published by The Motley Fool', 'Bitcoin\'s recent price surge to new highs has some experts worried, including JPMorgan Chase\'s chief market strategist Marko Kolanovic. In a research note, Kolanovicreportedlyexpressed concern that the rally in Bitcoin and other digital assets could hinder the Federal Reserve\'s ability to loosen monetary policy.\nKolanovic argues that Bitcoin\'s jump above $60,000 "may keep monetary policy higher for longer." His reasoning is that premature interest rate cuts could further inflate asset prices or reignite inflation.\nBitcoin\'s recent performance stands in contrast to the broader market reaction to the Fed\'s decision to maintain current interest rates. While stocks and other assets dipped on the news, Bitcoin remained relatively stable. This stability comes after a strong start to the year, with Bitcoin currently up nearly 9% and briefly touching a new all-time high on major exchanges.\nThe confluence of factors driving Bitcoin\'s price increase includes the anticipated loosening of monetary policy, the success of Bitcoin ETFs, and the upcoming Bitcoin halving – an event historically linked to price increases. However, the asset\'s volatility and potential to overheat are cause for concerns, potentially delaying the policy changes some investors are hoping for.', 'Bitcoin\'s recent price surge to new highs has some experts worried, including JPMorgan Chase\'s chief market strategist Marko Kolanovic. In a research note, Kolanovicreportedlyexpressed concern that the rally in Bitcoin and other digital assets could hinder the Federal Reserve\'s ability to loosen monetary policy.\nKolanovic argues that Bitcoin\'s jump above $60,000 "may keep monetary policy higher for longer." His reasoning is that premature interest rate cuts could further inflate asset prices or reignite inflation.\nBitcoin\'s recent performance stands in contrast to the broader market reaction to the Fed\'s decision to maintain current interest rates. While stocks and other assets dipped on the news, Bitcoin remained relatively stable. This stability comes after a strong start to the year, with Bitcoin currently up nearly 9% and briefly touching a new all-time high on major exchanges.\nThe confluence of factors driving Bitcoin\'s price increase includes the anticipated loosening of monetary policy, the success of Bitcoin ETFs, and the upcoming Bitcoin halving – an event historically linked to price increases. However, the asset\'s volatility and potential to overheat are cause for concerns, potentially delaying the policy changes some investors are hoping for.', '• US stocks climbed Thursday following Jerome Powell\'s testimony to Congress.\n• The S&P 500 and Nasdaq both hit record highs in trading.\n• Traders on Friday will be assessing the February nonfarm payroll report.\nUS stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year.\nIn his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won\'t begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy.\nThe economy has proved resilient so far despite monetary policy tightening, in Powell\'s view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate.\nThe S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively.\nNvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple\'s market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy.\nMeanwhile, Thursday\'s jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations.\nTraders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January.\nOptimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America\'s top brass.Business Roundtable\'s quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years.\nAcross the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,157.34, up 1.03%\n• Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points)\n• Nasdaq Composite:16,273.38, up 1.51%\nHere\'s what else is going on:\n• The stock market\'s most popular valuation tool isonly useful for the long term, an equity strategist said.\n• Bitcoin is replacing goldin many investors\' portfolios.\n• Today\'s stock market ismissing two key bubble ingredients.\n• Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024.\n• China has snapped up a huge amount of gold for16 months in a row.\n• JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly.\nIn commodities, bonds, and crypto:\n• Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel.\n• Goldedged higher 0.4% to $2,166.70 per ounce.\n• The10-year Treasury yieldedged lower to 4.09%.\n• Bitcoinclimbed 0.47% to $67,512.\nRead the original article onBusiness Insider', 'UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nSingapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nBinance Labs’ investment underscores its commitment to supporting innovative projects like UXUY, selected from a competitive pool of over 1,000 projects. This strategic partnership will fuel UXUY’s development initiatives, particularly within the Bitcoin Layer2 ecosystem.\nAs part of Binance Labs’ Season 6 Incubation Program, UXUY distinguished itself as a beacon of excellence. This recognition earned UXUY an exclusive invitation to participate in the prestigious Istanbul Binance Blockchain Week, where the team delivered specialized speeches.\nUXUY’s collaboration with Binance Web3 Wallet signifies a deepening commitment to fostering decentralized solutions. Together, they are actively promoting the advancement of Inscription and decentralized indexers, amplifying the accessibility and functionality of blockchain technology.\nA trailblazer in the Bitcoin ecosystem, UXUY has pioneere groundbreaking initiatives, including the world’s first Lightning Network-based Launchpad. By operating Lightning Network nodes, UXUY has set a new standard for decentralized exchange platforms.\nMoreover, UXUY’s introduction of Lightning Address DID services and comprehensive support for Bitcoin Taproot assets solidifies its status as a core contributor to Lightning Labs. Through continuous innovation and infrastructure improvements, UXUY is shaping the future of the Bitcoin ecosystem.\nUXUY’s recent seed round financing of $3.2 million, with participation from esteemed institutions such as Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Mexc Ventures, and Pionex, underscores investor confidence in its vision and capabilities.\nWith the backing of Binance Labs and a stellar track record of innovation, UXUY is poised for exponential growth and continued leadership in the development of the Bitcoin Lightning Network ecosystem.\nCONTACT: Jordan L Email: jordan-at-uxuy.com', 'UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nSingapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nBinance Labs’ investment underscores its commitment to supporting innovative projects like UXUY, selected from a competitive pool of over 1,000 projects. This strategic partnership will fuel UXUY’s development initiatives, particularly within the Bitcoin Layer2 ecosystem.\nAs part of Binance Labs’ Season 6 Incubation Program, UXUY distinguished itself as a beacon of excellence. This recognition earned UXUY an exclusive invitation to participate in the prestigious Istanbul Binance Blockchain Week, where the team delivered specialized speeches.\nUXUY’s collaboration with Binance Web3 Wallet signifies a deepening commitment to fostering decentralized solutions. Together, they are actively promoting the advancement of Inscription and decentralized indexers, amplifying the accessibility and functionality of blockchain technology.\nA trailblazer in the Bitcoin ecosystem, UXUY has pioneere groundbreaking initiatives, including the world’s first Lightning Network-based Launchpad. By operating Lightning Network nodes, UXUY has set a new standard for decentralized exchange platforms.\nMoreover, UXUY’s introduction of Lightning Address DID services and comprehensive support for Bitcoin Taproot assets solidifies its status as a core contributor to Lightning Labs. Through continuous innovation and infrastructure improvements, UXUY is shaping the future of the Bitcoin ecosystem.\nUXUY’s recent seed round financing of $3.2 million, with participation from esteemed institutions such as Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Mexc Ventures, and Pionex, underscores investor confidence in its vision and capabilities.\nWith the backing of Binance Labs and a stellar track record of innovation, UXUY is poised for exponential growth and continued leadership in the development of the Bitcoin Lightning Network ecosystem.\nCONTACT: Jordan L Email: jordan-at-uxuy.com', 'In the crypto market,the most popular meme coins have skyrocketed in valuewithin a remarkably short period of time.Shiba Inu(CRYPTO: SHIB), for example, is now up more than 300% over the past 30 days.\nIn a single 24-hour period, it was up more than 45%. Even with these incredible recent gains, Shiba Inu is still trading 50% below its all-time high, leading some investors to think that it could have plenty more room to run.\nThat might be the case, but I\'m still buyingBitcoin(CRYPTO: BTC)instead. Yes, you can argue that Bitcoin is also overheating as it hits a new all-time high, but there are three fundamental factors that make it a much better buy than Shiba Inu.\nThe starting point for any comparison ofShiba Inuand Bitcoin needs to be utility. The former is a meme coin with no real use. As such, its ability to soar in value is often based on nothing more than hype, speculative buzz, and the desire of many crypto investors to get rich quick.\nWould you invest in a company that has no underlying assets and no real strategy for growth? If the answer is no, then Shiba Inu is probably not for you.\nIn contrast, Bitcoin adoption is growing on a global scale, and new uses are continually emerging. ARK Invest now tracks eight separate use cases.\nFor example, some investors now refer to Bitcoin as "digital gold," because it can serve the same purposes as physical gold: as a hedge against inflation and a long-term store of value. During economic uncertainty, it can also be a safe-haven asset.\nTo understand the price dynamics of Shiba Inu and Bitcoin, just consider the total circulating supply of both coins. Bitcoin\'s total lifetime supply is capped at 21 million coins, and 19.7 million of these are already in circulation.\nRoughly speaking, nearly all of the Bitcoin that can ever exist already exists. So as demand for Bitcoin grows over time, this relative scarcity is going to exert a significant impact on its future price.\nWe\'re already starting to see this with the adoption of the new spot Bitcoin exchange-traded funds (ETFs). If you compare the amount of Bitcoin that gets created (i.e. "mined") on a single day, and then compare it to the amount of money that is flowing into the new ETFs every day, it\'s obvious why the price of Bitcoin has been soaring of late.\nOn any given day, demand for Bitcoin is approximately 10 times higher than the new supply of Bitcoin. We\'re reaching a point where some are warning that there is simply not enough Bitcoin to go around.\nIn contrast, the supply of Shiba Inu is nearly unlimited. There are now 589 trillion coins in circulation, making it nearly a mathematical impossibility for the crypto to ever break through the $1 price level. For that to happen, it would need to have an implied market cap of $589 trillion, which is roughly 300 times the market cap of a company likeAmazon(NASDAQ: AMZN).\nShiba Inu has initiated a massive coin-burning strategy to reduce supply, but it simply can\'t burn coins fast enough to make a difference.\nLastly, mention needs to be made of the massive Wall Street and institutional investor support behind Bitcoin right now. The approval of the new spot Bitcoin ETFs in January was a watershed moment for the crypto industry.\nIt shows that the largest asset managers in the world -- such asBlackRock(NYSE: BLK)and Fidelity Investments -- are now behind Bitcoin. Over time, that institutional support will eventually lead to higher portfolio allocations to Bitcoin, helping to push up its price.\nThat type of institutional investor support simply does not exist for Shiba Inu. It\'s hard to imagine any responsible investment advisor recommending a portfolio allocation of any significance to meme coins such as Shiba Inu.\nThat being said, this might be your last chance to turn a profit on any Shiba Inu you are holding from the last crypto bull market rally. A number of leading indicators are now flashing red, suggesting that the current meme coin mega-rally for Shiba Inu might be short-lived at best. As a result, I\'m buying Bitcoin and ignoring all the speculative froth with meme coins right now.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon and Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Up 300% Over the Past Month. Here\'s Why You Should Buy Bitcoin Instead.was originally published by The Motley Fool', 'In the crypto market,the most popular meme coins have skyrocketed in valuewithin a remarkably short period of time.Shiba Inu(CRYPTO: SHIB), for example, is now up more than 300% over the past 30 days.\nIn a single 24-hour period, it was up more than 45%. Even with these incredible recent gains, Shiba Inu is still trading 50% below its all-time high, leading some investors to think that it could have plenty more room to run.\nThat might be the case, but I\'m still buyingBitcoin(CRYPTO: BTC)instead. Yes, you can argue that Bitcoin is also overheating as it hits a new all-time high, but there are three fundamental factors that make it a much better buy than Shiba Inu.\nThe starting point for any comparison ofShiba Inuand Bitcoin needs to be utility. The former is a meme coin with no real use. As such, its ability to soar in value is often based on nothing more than hype, speculative buzz, and the desire of many crypto investors to get rich quick.\nWould you invest in a company that has no underlying assets and no real strategy for growth? If the answer is no, then Shiba Inu is probably not for you.\nIn contrast, Bitcoin adoption is growing on a global scale, and new uses are continually emerging. ARK Invest now tracks eight separate use cases.\nFor example, some investors now refer to Bitcoin as "digital gold," because it can serve the same purposes as physical gold: as a hedge against inflation and a long-term store of value. During economic uncertainty, it can also be a safe-haven asset.\nTo understand the price dynamics of Shiba Inu and Bitcoin, just consider the total circulating supply of both coins. Bitcoin\'s total lifetime supply is capped at 21 million coins, and 19.7 million of these are already in circulation.\nRoughly speaking, nearly all of the Bitcoin that can ever exist already exists. So as demand for Bitcoin grows over time, this relative scarcity is going to exert a significant impact on its future price.\nWe\'re already starting to see this with the adoption of the new spot Bitcoin exchange-traded funds (ETFs). If you compare the amount of Bitcoin that gets created (i.e. "mined") on a single day, and then compare it to the amount of money that is flowing into the new ETFs every day, it\'s obvious why the price of Bitcoin has been soaring of late.\nOn any given day, demand for Bitcoin is approximately 10 times higher than the new supply of Bitcoin. We\'re reaching a point where some are warning that there is simply not enough Bitcoin to go around.\nIn contrast, the supply of Shiba Inu is nearly unlimited. There are now 589 trillion coins in circulation, making it nearly a mathematical impossibility for the crypto to ever break through the $1 price level. For that to happen, it would need to have an implied market cap of $589 trillion, which is roughly 300 times the market cap of a company likeAmazon(NASDAQ: AMZN).\nShiba Inu has initiated a massive coin-burning strategy to reduce supply, but it simply can\'t burn coins fast enough to make a difference.\nLastly, mention needs to be made of the massive Wall Street and institutional investor support behind Bitcoin right now. The approval of the new spot Bitcoin ETFs in January was a watershed moment for the crypto industry.\nIt shows that the largest asset managers in the world -- such asBlackRock(NYSE: BLK)and Fidelity Investments -- are now behind Bitcoin. Over time, that institutional support will eventually lead to higher portfolio allocations to Bitcoin, helping to push up its price.\nThat type of institutional investor support simply does not exist for Shiba Inu. It\'s hard to imagine any responsible investment advisor recommending a portfolio allocation of any significance to meme coins such as Shiba Inu.\nThat being said, this might be your last chance to turn a profit on any Shiba Inu you are holding from the last crypto bull market rally. A number of leading indicators are now flashing red, suggesting that the current meme coin mega-rally for Shiba Inu might be short-lived at best. As a result, I\'m buying Bitcoin and ignoring all the speculative froth with meme coins right now.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon and Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Up 300% Over the Past Month. Here\'s Why You Should Buy Bitcoin Instead.was originally published by The Motley Fool', "Warren Buffettonce saidthe most important decision you can make is who you choose to marry. In Kyle Rebolledo’s case, this couldn’t be more true.\nThe 41-year-old Florida woman took toTikTokto detail how her husband completely decimated their savings. Rebolledo said she had everything in 2021: amortgage-freehome, $500,000 in the bank and zerocredit card debt. But now, that’s all gone.\n“I’m contemplating bankruptcy,” she revealed.\nShe wouldn't be alone: bankruptcy filings in the U.S. surged by 18% in 2023, according to astudyfrom bankruptcy data provider Epiq AACER. In total, the study concluded, filings rose to 445,168 last year — up from 378,390 in 2022.\n• Anything can happen in 2024. Try these5 easy money hacks to help you make and save thousands of dollars in the new year(they will only take seconds)\n• Don't let high car insurance rates drain your bank account— Find how you can pay as low as $29 a month\n• Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors canbecome the landlord of Walmart, Whole Foods or Kroger\nRebolledo added in afollow-up videothat she’s in this situation because her husband spent all their money — and he not only tickedheroff, but the Feds as well. She said her ex was described by authorities as a “con artist” and had been arrested for financial crimes.\nThough Rebolledo’s situation is a severe case, financial infidelity isn’t all that uncommon. Nearly half of people in relationships admitted to financial deceit — including hiding outstanding credit card balances and expensive purchases — according to a recentsurveyfrom Bread Financial.\nSo, what can you do to ensure your significant other doesn't commit financial infidelity?\nRebolledo still isn’t sure how her husband managed to spend all their money. But she said inanother videothat she thinks he might have lost it by investing incryptocurrency.\nCrypto has become a common financial secret within relationships. Bread Financial’s survey revealed that 16% of people (12% of men and 4% of women) admitted to hidden crypto ownerships. Though the survey didn’t delve into the whys, it’s likely because cryptocurrency is often considered a risky investment and respondents didn’t want to risk upsetting their partners.\nCharlie Munger, the late right-hand man ofWarren Buffett, famously bashed crypto at a 2023 conference, stating that it had too much “hype.” He even called for an outright ban of it in a Wall Street Journal op-ed, calling it a “gambling contract.”\nCryptocurrencies are a particularly volatile investment. Although some have gone bullish on the commodity — such as CNBC’sJim Cramer— there are still plenty of skeptics.\nThis is likely due to the unstable nature of the crypto market. In 2022, CNBCreportedthatBitcoinhad dropped more than 60%, alongside a huge nose-dive of the entire cryptocurrency market amidst theFTXimplosion.\nBecause crypto is considered so risky, it may be contentious between two people in a relationship, making it a prime candidate for a hidden financial decision.\nA good way to ensure that your partner doesn’t blow all your money on crypto is by discussing both of yourinvestment risk tolerances. That way, you can talk about what is considered an acceptable investment for the two of you and to avoid any secret ones down the road.\nRead more:No landlord? No problem! Explorehassle-free real estate investments\nRebolledo’s husband took complete control of their finances. She’d assumed he was paying thecredit cardbills on time, but he never paid them at all. Because her name was on several of the cards, she said her credit score dropped from 740 to the mid-500s.\nPlus, she mentioned in yet anothervideothat they’d never had a joint account until 2022 — 11 years after they got married. There was almost no financial transparency in their relationship.\nA lack of openness around money may be a sign offinancial infidelity. Bread Financial’s survey discovered that 48% of respondents uncovered a surprise when they started sharing one or more bank accounts with their partner.\nThough some found good news, others found frivolousspending habits, badcredit scoresand financial mismanagement.\nConsider asking your partner to show you their financial status — and to show them yours. You want to avoid the kind of financial surprises that Rebolledo found after her husband’s arrest.\n• Ultra-high-net-worth members of exclusive investing groups are putting their money into private equity and real estate.Find out how you can do the same\n• Can Icollect my dead spouse's Social Security and my ownat the same time? Here are 5 secrets o Last 60 Days of Bitcoin's Closing Prices: [46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-08 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,317,687,723,100 - Hash Rate: 607463925.659525 - Transaction Count: 426928.0 - Unique Addresses: 716770.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Carson Group’s decision to limit financial advisor and investor access to four of the 10 new spot bitcoin ETFs is described by one of the biggest cryptocurrency proponents as a responsible strategy in light of the funds' brief track record and inherent risks. “This is a common approach among RIAs, and a smart one,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Carson Group, a $30 billion mega registered investment advisory firm based in Omaha, Nebraska, narrowed the list of spot bitcoin ETFs for use by the firm’s advisors by weighing asset growth, trading volume and fees. Those four funds are the $6.5 billioniShares Bitcoin Trust ETF (IBIT);the $4.76 billionFidelity Wise Origin Bitcoin ETF (FBTC); the $1.18 billionBitwise Bitcoin ETF (BITB),and the $100.6 millionFranklin Bitcoin ETF (EZBC). Grant Engelbart, vice president and investment strategist at Carson Group, said in an interview the narrowed list was approved by an “internal due diligence committee,” and that the decision was based on “a variety of metrics such as institutional adoption, ETF specific characteristics such as assets, expenses, trading characteristics, and firm history in the digital asset space.” Merit Financial Advisors, an Alpharetta, Georgia-based RIA managing $10 billion, is also taking a cautious approach to the new spot bitcoin ETFs. Merit chief investment officer Brian Andrew said they are following the lead of LPL, the nation’s largest independent broker-dealer. "We are limiting purchases to the same products available on LPL,” Andrew said. “They currently are only allowing Grayscale funds. We are in the process of building a policy that will open up the number of funds available based on their volume, ability to track the spot rate and cost.” In the immediate wake of the Jan. 11 launch of the spot bitcoin ETFs a number of major brokerage platformsrefused or restricted access, including Vanguard Group, Citigroup Inc., Bank of America Corp’s Merrill Lynch, State Street Corp., UBS Group AG and Edward Jones. Edelman said there are multiple reasons to limit access to the list of spot bitcoin ETFs that all launched on the same day last month. “It’s more manageable for the practice and shows clients that you’re being both thoughtful and helpful,” he said. “Your due diligence process has done the work for them; improving your value-add to clients. No RIA makes every S&P 500 index fund available for use and there’s no reason to let advisors use all of the spot bitcoin ETFs, either.” Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Tayvu', 'Wtb Szabo Onyx!', 14, '2024-03-08 00:49', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', 'Starting my offer at $1,500 for it Venmo or btc if someone gets it\n\nAlso interested in golds and sapphires, pm me if you’re selling and maybe we can make a deal 🙏', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', '1b996qq', [['u/TheModernSkater', 10, '2024-03-08 01:30', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/ktufxcn/', 'I got 2,000 Zimbabwe dollars... I hear those are hot right now 🤣', '1b996qq']]], ['u/tubbybuzz', 'Very excited about this run', 58, '2024-03-08 01:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/', 'I purchased Bitcoin cards with Bitcoin. Thank you Inness ❤️. I expected getting here to be way harder.\n\nLook pretty good together eh!', 'https://www.reddit.com/gallery/1b9a2l6', '1b9a2l6', [['u/tubbybuzz', 14, '2024-03-08 01:34', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugiyl/', 'Looking for Gold 👀👀👀', '1b9a2l6'], ['u/1redrumemag87', 10, '2024-03-08 01:36', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugsar/', 'Nice my man! Where that gold at?', '1b9a2l6']]], ['u/NightFran1', 'DRAGOON GOT HACKED, ALL HIS VIDEOS ARE GONE', 49, '2024-03-08 01:51', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', 'Report dragoons yt account it now ran by Bitcoin scammers and dont click on any links. We will get this man back.', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', '1b9ahdd', [['u/Glitchy69420', 18, '2024-03-08 02:09', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/ktulu86/', 'How the hell did this happen?! I just my feed and see that I’m subscribed to this channel thinking when I subscribed then I checked the community tab and instantly saw it was Dragoon', '1b9ahdd'], ['u/BetaAdd2000', 10, '2024-03-08 02:48', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/kturvo6/', 'I just saw his account seemingly vanish and see MicroStrategy US instead. I thought it was a recommendation bug, but yes his Community Posts prove that it was Dragoon. WE NEED DRAGOON BACK', '1b9ahdd']]], ['u/Due-Albatross-2253', 'Taking profit', 19, '2024-03-08 01:56', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', 'This is just a reminder that if your on chain when you take profit consider reinvesting it.\n\nI recently took my algos that were piling up from incentives and cashed them in on this recent pump.\n\nI converted them into the USDC/ALGO and BTC/ALGO LP.\n\nThis is a great way to take some profit and help liquidity on the chain. Folks also has some strong apy on some stable assets.\n\nLocking in the profits and getting a yield for it is a win win for you and the chain.', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', '1b9al7o', [['u/Certain_Cranberry_77', 28, '2024-03-08 02:16', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktumw6s/', 'Its like breaking up with your GF but you can still have sex with her once a week. I like it.', '1b9al7o'], ['u/Background-Ad-2102', 18, '2024-03-08 02:25', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktuo94c/', 'Who’s taking profits before we’ve even stepped into the rocket ship? The moon is still thousands of miles away. We haven’t even started ignition.', '1b9al7o']]], ['u/TopRT2', "Seeing some unrealistic hopum as usual. Here's my take, someone who's balls deep in HBAR and actually believe.", 40, '2024-03-08 01:58', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', 'That dude that has 1M+ hbar predicted $2-$5 minimum this cycle. That\'s cute and all, but here\'s my realistic take. \n\nI\'ve personally invested $550k usd total at 15c average, so I\'m not just a talker, I put my money where my mouth is.\n\nHbar ain\'t gonna "moon" at all this cycle, other than the usual pumps following btc. Maybe ~20-25c max this cycle. Bearish prediction? Not even, it\'s realistic. Hbar\'s "moon" will only happen when the masses know about it. The masses will know about it ONLY when piles of real world use cases pop up that\'s too big to ignore, and that will NOT happen this cycle. Moon is sometime within a decade away, hopefully the next bull cycle after this coming bull cycle.\n\nWhich is fine by me because, so long as you have conviction in your investment, you don\'t give a shit how long it takes, you know the moon will come eventually, and you\'ll be there to capitalize on it. Patience is what leads to success in crypto, speaking from experience.', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', '1b9amgc', [['u/GoSabo', 16, '2024-03-08 02:07', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulkvt/', 'Fully agree. But, it’s prudent to keep bag totals confidential.', '1b9amgc'], ['u/freshprinceofbelmont', 37, '2024-03-08 02:08', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulnnp/', '![gif](giphy\|3oz8xLd9DJq2l2VFtu)', '1b9amgc'], ['u/Usual_Extension_7139', 10, '2024-03-08 02:14', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktumjjs/', "If hbar can hit 37 cents it has a real shot of hitting 48 ish cents before any real resistance. I'm guessing 46 cents is the top this cycle. I also don't expect it to crash back down to anything lower than 36 if we hit another bear.", '1b9amgc'], ['u/SupeRFasTTurtlE2', 20, '2024-03-08 02:33', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktupg98/', 'Thing is though, there’s genz involved in HBar and if there’s something they know how to do is use social media to promote their passion(coin). One thing Hedera has stayed away from is advertising, another bull market could generate more advertising. The utility promotes itself, just need eyes to look..', '1b9amgc'], ['u/Expensive-Egg-1561', 10, '2024-03-08 02:44', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktur9uj/', 'Agree with this sentiment.\n\nBeen on this sub for a few years now. Every time the price jumps 10% in a few days, people get on here and start predicting 3000% increases. \n\n30c optimistic target this bull run.', '1b9amgc'], ['u/MD11X6', 40, '2024-03-08 02:50', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktus4uk/', 'So you missed ADA going from 2c to $3.50+ last cycle? Sorry, but if ADA can do that, anything can.', '1b9amgc'], ['u/RangeSea7591', 15, '2024-03-08 04:04', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktv3az3/', "Why do people keeping bringing up outlier cases? It's the exception not the norm.\n\nMy high school friend won the lottery which set her up for life, should I have gone out and purchased a ticket too?", '1b9amgc'], ['u/Shadrock50', 12, '2024-03-08 05:23', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktveotm/', 'You predict a 2x from here to the market cycle top? If thats the case, why are you in hbar? Just buy btc.', '1b9amgc']]], ['u/thetimsterr', "Worried about buying the top? Don't Be.", 220, '2024-03-08 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', 'To those "worried" about buying the top...I want to give you some context to show just how low $67k is in the grand scheme of things. \n\nTotal U.S. 401(k) balances stand at around [$6.9T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:%7E:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf just 1% of those balances get allocated to Bitcoin, that would be $69B in inflows.\n\nBitcoin ETFs launched in early January of this year as we all know. Since their launch, there have been [net inflows of $7.5B](https://cointelegraph.com/news/bitcoin-etf-inflows-hit-562-million).\n\nSince ETF inception, Bitcoin\'s price has increased from $46k to $67k. Using 19.5M coins as our basis (with 1.5M more to be mined and ignoring lost coins), that translates into a market cap increase of $409B ($897M to $1.3B). $409B / $7.5B inflows = multiplier of 54.6 for each $1B of inflows. \n\n$69B of 401(k) inflows would result in $69B x 54.6 = $3.7T (yes Trillion) increase in market cap.\n\nThat would put Bitcoin\'s total market cap at $1.3T present + $3.7T = $5T, making a new price of $5T / 19.5M coins = ~$256,000 per coin.\n\nThis is JUST allocating 1% of 401(k) balances. There are also pension funds, IRAs, and other retirement accounts. Total U.S. retirement balances were [$35.7T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:~:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf you were to allocate just 1% of all retirement balances, the price of one Bitcoin hits $1M using the same math described above.\n\nInsane. You are not late. You are early.', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', '1b9bf7y', [['u/speedingmedicine', 68, '2024-03-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuqaz4/', "Don't forget MSTR possibly being listed on the S&P500", '1b9bf7y'], ['u/SubstantialActive431', 11, '2024-03-08 03:13', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuvl78/', 'Wtf did I just read', '1b9bf7y'], ['u/Mental-Ingenuity-933', 29, '2024-03-08 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuwryi/', 'You read someone doing their homework.', '1b9bf7y'], ['u/thetimsterr', 12, '2024-03-08 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktux4rr/', 'Interesting. I had not thought about that. How do you envision this impacting Bitcoin? Inclusion of S&P500 forcing index funds to buy MSTR, which then allows Saylor to sell shares and buy more Bitcoin?', '1b9bf7y'], ['u/lordsamadhi', 11, '2024-03-08 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv0kww/', 'Bitcoin is better than dollars, no matter what the silly "price" is at any given moment. I\'ll still be selling dollars for Bitcoin even after it 100x\'s from here.', '1b9bf7y'], ['u/richardto4321', 32, '2024-03-08 04:18', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv5fgt/', '"Buying the top" is relative. I\'m sure people who bought the top of $1200 in 2013 and $20k of 2017 are quite happy right now. Pretty soon buying at 69k in 2021 will seem relatively cheap.', '1b9bf7y'], ['u/CatTypedThisName', 11, '2024-03-08 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv6xds/', 'I sold it to buy btc', '1b9bf7y'], ['u/Finish_Different', 12, '2024-03-08 05:41', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvh38n/', 'I bought the top last cycle and am still pissed about. Disagree', '1b9bf7y'], ['u/notkraftman', 12, '2024-03-08 05:44', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvhfof/', "Most of those people probably didn't hold", '1b9bf7y'], ['u/Jaded-Assignment-798', 68, '2024-03-08 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvis2h/', 'I hate to break it to you but these 401k inflows are not going to happen for awhile. I work for an F100 that gets our 401k through fidelity and I keep begging them to enable digital asset funds in the 401k. Every time I get on a call with these people, they have no clue what I’m talking about and they refuse to dig any further even after me explaining what they need to do 3-4 times now. Your average person, and even the majority of your college educated people, do not care to allocate their funds to BTC', '1b9bf7y'], ['u/XXsforEyes', 19, '2024-03-08 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvizey/', 'Don’t forget about the FASB change to accounting rules either. More companies will hold Bitcoin in their balance sheets if those sheets are finally allowed to show appreciation from BTC holdings.', '1b9bf7y'], ['u/thetimsterr', 14, '2024-03-08 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvlw22/', "True. It will take time. But even if that takes 10 years, that's incredible price appreciation. This post was just meant to show the potential with some light math.", '1b9bf7y'], ['u/jus-another-juan', 31, '2024-03-08 06:42', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvohg5/', 'The usual "if just 1%" argument. There\'s always a huge barrier to 1%.', '1b9bf7y'], ['u/jskol3', 13, '2024-03-08 07:14', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvrxvy/', 'I understand the frustration but this actually makes me more bullish. I’d be more considered about Bitcoin if EVERYONE understood it and was open to it. Despite the recent run up most people do not understand Bitcoin and dismiss it. This means, IMO that there is a lot of room for new heights', '1b9bf7y'], ['u/ZekeTarsim', 28, '2024-03-08 07:41', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvulx7/', 'Picturing this guy on the phone with Fidelity yelling at the guy “DO YOU SPEAK ENGLISH? I WANT TO DIRECT 100% OF MY ACCOUNT TO BITCOIN ETFs. WHAT DO YOU MEAN WHAT IS BITCOIN ITS THE HARDEST ASSET KNOWN TO MAN!” 😭😭😭😂😂😂', '1b9bf7y'], ['u/Frogolocalypse', 13, '2024-03-08 08:40', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktw05jo/', 'Making up stuff to suit your narrative.', '1b9bf7y'], ['u/ExitBest', 17, '2024-03-08 09:08', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktw2n8m/', 'Yeah. But look where we are now…. It’ll come. At some point.', '1b9bf7y']]], ['u/PieFrequent2305', 'Hacked? ', 14, '2024-03-08 03:18', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/', 'Currently live is some guy talking about BitCoin… \nThe only comment is GB saying “What is this”. ', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/', '1b9cekt', [['u/boychik0830', 12, '2024-03-08 03:49', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/ktv0zfl/', "Hopefully Google doesn't give the account back to him and deletes it for good. It's his fault if he clicked on a fake collab link in his email. If the channel is gone for good then maybe abbie will Hopefully get some more privacy.", '1b9cekt'], ['u/sweetheart409878', 10, '2024-03-08 03:56', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/ktv24lb/', 'Lets hope so, it gets deleted.', '1b9cekt']]], ['u/AsteriAcres', 'Letter to my County Commissioners (crosspost)', 30, '2024-03-08 03:18', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/', 'Riot Platforms is currently building "THE WORLD\'S LARGEST BITCOIN MINE" here in Navarro County Texas. \n\nThis coming Monday, they\'ll be asking for property tax abatements, meaning they want to NOT pay property taxes on land they bought for $12 million dollars.\nWe are rallying the troops and going to have a strong showing at the County Commissioner\'s meeting#with lots of folks standing up, speaking out, and demanding they VOTE NO on tax abatements for Riot Platforms.\n\nThe Texas Coalition Against Cryptomining is also supporting & working with folks in Hood County that are being tortured by low frequency noise pollution. \n\nWe\'ve been warning officials here in Navarro county that it\'s going to be awful for the people and animals living near the largest mine ever. Hood County is a tragic, UNNECESSARY example of what\'s coming to Corsicana/ Navarro County.\n------\n\nHello Navarro County Commissioners,\n\nWe\'d like to share the following news articles & videos about what the folks in Hood County are dealing with from the Marathon Digital 300MW crypto "mining" facility. \n\nThe facility in Hood County is three times SMALLER than the 1GW Riot Platforms monstrosity planned here in Navarro. \n\nAnd before y\'all think "But it\'ll be immersion-cooled & won\'t make noise," read what Riot themselves say about the immersion-cooling plans: \n\n"Immersion-cooling is an emerging technology in Bitcoin mining, which is not in widespread use, and has yet to be deployed at this scale. As such, there is a risk we may not succeed in deploying immersion cooling at such a large scale to achieve sufficient cooling performance. All Bitcoin mining infrastructure, including immersion-cooling and air-cooling, is an evolving study."\nhttps://amycastor.com/2024/03/04/bitcoin-mining-riot-platforms-10-k-is-full-of-tentacles/\n\nHOOD COUNTY residents up to ten miles away from the Marathon site can hear the noise.\n\nHood County Bitcoin Town Hall. Read the personal accounts of victims of bitcoin noise pollution: \nhttps://www.hcnews.com/stories/community-airs-bitcoin-noise-grievances-during-town-hall,27368\n\nTIME MAGAZINE coverage\nhttps://time.com/6590155/bitcoin-mining-noise-texas/\n\nWFAA coverage\nhttps://www.wfaa.com/article/news/local/how-bitcoin-mining-facility-causing-headaches-health-concerns-hood-county-residents/287-d763a45a-d6a3-4fcb-ab2f-5e17af94763b\n\nPetition coverage \nhttps://www.wfaa.com/article/news/local/quiet-bitcoin-mines-hum-hood-somervell-residents-petition/287-2e38aba9-6f88-4bdc-85c4-992aa885238f\n\nNBC coverage\nhttps://www.nbcdfw.com/news/local/noise-pollution-from-bitcoin-farm-in-hood-county-causing-health-concerns-for-neighbors/3456364/\n\nhttps://youtu.be/yjiqmaH_M34?si=R-ByU0_sQrtLdaqq\n\nTEXAS STANDARD coverage\nhttps://www.texasstandard.org/stories/noisy-bitcoin-mine-puts-granbury-residents-on-edge/\n\nDL News coverage\nhttps://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/\n\nFailed sound mitigation wall \nhttps://www.hcnews.com/stories/granbury-us-bitcoin-corp-erects-24-foot-soundproofing-wall,21717\n\nWe STRONGLY urge you all to VOTE NO on property tax abatements for the Riot Platforms bitcoin "mine."\nThis facility is going to cost Navarro county residents MILLIONS. \n\nWhy you\'re paying bitcoin\'s energy bills: \nhttps://www.chicagobooth.edu/review/why-youre-paying-bitcoins-energy-bill\n\nBitcoin miners crashed Kazakhstan\'s grid: \nhttps://www.cacianalyst.org/publications/analytical-articles/item/13709-did-cryptocurrency-miners-crash-the-central-asian-power-grid?.html\n\nBitcoin "mining" and energy bills: \nhttps://www.theverge.com/2023/4/10/23677113/bitcoin-mine-investigation-energy-emissions-electricity-bills-new-york-times\n\n"In Texas, ... the increased demand has caused electric bills for power customers to rise nearly 5 percent, or $1.8 billion per year"\nhttps://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html\n\n\nThank you, \nJackie Sawicky \nTexas Coalition Against Cryptomining \nNational Coalition Against Cryptomining ', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/', '1b9celx', [['u/goodboy0217', 13, '2024-03-08 05:58', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/ktvj8g0/', 'What possible rationale could they have for such tax breaks? They are for profit business.', '1b9celx']]], ['u/Snippet_New', 'Poco F6 Pro confirmed to be a rebranded K70. ', 58, '2024-03-08 03:22', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/', "\nSource : https://mocheck.nbtc.go.th/search/1593293\n\nNbtc is a independent regulatory agency in Thailand which oversee the country's broadcast and telecommunications industries, especially the regulation of radio frequencies (including smartphones). So everything that uses radio frequency has to be inspected by the agency to verfiy that it won't interfere with military or any sensitive equipment. \n\n23113RKC6C is the model number for Redmi K70 while the K70 Pro is 23113RK66C. The last alphabet of the model, at least from Xiaomi, indicated which model region it is. C means it's china model while G is global model. So 23113RKC6G, as said in the screenshot & link, is the global model of K70 and its name is Poco F6 Pro.\n\nThe name of the phone is also from the manufacturer so basically this is the way we got the comfirmation which phone (that's not yet revealed to the public) is coming to Thailand.", 'https://i.redd.it/sw8jak95t0nc1.jpeg', '1b9cha3', [['u/Piotr_Lange', 11, '2024-03-08 03:55', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv1y5d/', 'For a long long time I hoped for this rebranding:\n- Redmi K70 = Poco F6\n- Redmi K70 Pro = Poco F6 Pro\nBut, as far as I understand, this news suggests that:\n- Redmi K70 = Poco F6 Pro\n- ? = Poco F6\nIf that indeed turns out to be true, I would bet that Poco F6 will be a phone from the Redmi Note series, just as F5.', '1b9cha3'], ['u/ausdoug', 11, '2024-03-08 04:10', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv49mk/', "I'm just really hoping for an F6 with a side fingerprint reader and an extra year of security...", '1b9cha3'], ['u/Nerajti', 30, '2024-03-08 04:15', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv51bc/', "wait so the redmi k70 got around 1.5m antutu while the x6 pro was around 1.3m damn 😆😆 x6 pro is literally a miracle in terms of performance while being this cheap. Really curious what's the f6 processor.", '1b9cha3'], ['u/Nerajti', 12, '2024-03-08 04:19', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv5jdd/', 'wait for global. i dont recommend china rom phones.', '1b9cha3'], ['u/Nerajti', 16, '2024-03-08 05:57', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktvj1xg/', "actually that's the reason why i bought it too. I'm tired of flashing custom roms, been doing it since redmi note 5 😆😆. I actually lost a lot of memorable photos that i forgot to backup when switching custom roms so yeah im getting too old for it i guess lol.", '1b9cha3'], ['u/Willing_Place_3205', 11, '2024-03-08 10:08', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktw7mkg/', "true, I'm in my 30's. I don't have enough time or energy to play around with custom rom anymore. I just use what they provide these days", '1b9cha3']]], ['u/light-light-light', 'How is anyone suppose to retire early?', 30, '2024-03-08 04:28', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/', 'I\'m looking for a bit of guidance/encouragement because I\'m feeling like early retirement isn\'t possible. I just want to spend my days outside in the sun, exercising, speaking to people, but I\'m forced to look at Excel grids with a headache. \n\nI\'m a 29 year old who is doing fairly well. I have 590k outside super (ETF\'s + Bitcoin), 75k in super, and a salary of \\~165k. Even before I started working, I knew I hated office politics, working long hours, and staring at a computer screen, so I lived frugally since my first year at university with the aim of early retirement. \n\nRecently I\'ve been thinking about turning 30 and starting to feel older (maybe some balding, wrinkles, and feels like time is speeding). It\'s weird because I\'ve worked and saved so hard, and yet I\'m still no where near being able to retire like Mr Money Moustache did at age 31. \n\nIn Melbourne, I\'d need at least $900k for a house, and then an extra \\~$600k for living expenses (assuming a 3% draw down is sustainable). In real terms, assuming no house price movement in the interim, I\'ll be 40 by the time I can afford that. But then I\'ll have to pay capital gains tax on my investments, so it\'ll be more like age 42 or 43. I could get a 30 year mortgage for the house, but that\'d be retiring at age 50. This is without factoring in the cost of kids. \n\nHere\'s where I think the predicament can change: \n\n\\- Move overseas to developing world (e.g. Thailand/Vietnam)... I don\'t speak the language, don\'t have friends there, can\'t easily join a community for my hobbies \n\n\\- Continue working a small part-time job in "retirement", which would reduce the amount needed for living expenses. \n\n\\- Move somewhere else in Australia. I\'d like to live like Mr Money Mustache, able to cycle for transportation, participate in some community etc, but this is only available to Australians who live within an hour from the CBD, so it\'s difficult to move elsewhere. \n\nAny advice? How do people retire here? \n\n', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/', '1b9dvrl', [['u/Free_Fee_5540', 63, '2024-03-08 04:44', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktv97me/', "Just think about it this way, OP: if you're on track to retire in your early-mid 40s, you're doing better than 99% of the population.\n\nTaking MMM as an example isn't especially helpful: he started working relatively early, had a very high salary, lived in a country with relatively low housing costs, had a partner who was also a high earner and good saver, and rode a great bull-market on the S&P500. He had a hell of a lot going for him.\n\nI'd suggest some of the options are:\n\n1. Keep saving and aim to retire in your 40s or early 50s somewhere with relatively high cost of living (i.e. a major city).\n2. Sell up and relocate somewhere with lower cost of living (i.e. regional or rural) and shave a few years off retirement, e.g. late 30s or early 40s.\n3. Gradually reduce working hours and keep working part-time into your 40s and 50s. This is my approach, but I'm in a fortunate position to be able to do it (self-employed at the Bar, so I can largely choose what cases I take on).\n\nThere's also the option to downsize to an apartment, or just rent, and just plough all your money into ETFs/LICs etc. It's really a lifestyle issue, rental yields are likely to remain shit in Australia, so it will probably remain relatively cheap to rent -- it's just a pain having to find a place, deal with estate agents and landlords, not being able to make improvements etc.", '1b9dvrl'], ['u/RedPill5300', 19, '2024-03-08 05:11', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvd2qk/', "Is $900k Melbourne property your only choice? What about apartments in Melbourne CBD, Adelaide, Perth, New Castle? Plenty of places way way better then Vietnam in Australia that won't cost you $900k", '1b9dvrl'], ['u/aaronturing', 21, '2024-03-08 05:14', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvdjqs/', "I retired at 47. My advice which is what I did is as follows:-\n\n1. Get a cheaper house\n\n2. Have a WR of 5%.\n\nI was lucky with point 1 because I bough maybe 20 years ago but I upgraded 14 years ago. I also have rich in-laws who gave us 25% of the house value.\n\nStill point 2 is a game changer. I'll add that there is so much pessimism around a WR that high but we are spending more than we ever have and I intend to increase my WR to 6% over time since I factor in the age pension.", '1b9dvrl'], ['u/No-Improvement4884', 17, '2024-03-08 05:15', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvdmel/', 'Move out of Melbourne, bit of a shit hole anyways', '1b9dvrl'], ['u/tapunan', 13, '2024-03-08 05:36', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvget5/', "Why do you need 900k? If you're single - you can probably buy a 2-bedroom in Docklands /Richmond for 500k - or even cheaper near Werribee / St Albans. I know they are not cool areas but I have lots of friends who live there. I mean you were considering moving to Thai/Vietnam then Werribee / St Albans / Hoppers Crossing are probably a better option than uprooting to Asia.\n\nYou never mentioned if you have a partner - this would help a lot (assuming you're on the same page with regards to FIRE).", '1b9dvrl'], ['u/Minimalist12345678', 23, '2024-03-08 05:44', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvhe6w/', 'Yeah, the Mr Money Mustache thing aint happening any more unless you are willing to be insanely frugal, and sacrifice a lot of quality of life things. \n\n\nThere are things you can do though\n\n1) Sell that rubbish bitcoin; or just be honest with yourself & take all that money into a casino and slap it down on red. \n\n\n2) Adjust your expectations. You don\'t NEED a 900k house. You WANT one. Knowing the difference between needs and wants is everything, because then you start to grasp what you might have to sacrifice in one area in order to get what you want in another. \n\n\n3) 3% drawdown is super conservative in Australia. If you were in VAS alone, on the tried and true "spend the dividends" strategy, you will be at closer to 4.5-5%. \n\n \nMost of all.. retiring actually sucks. I got independent early, retired at 38 on a passive income of maybe 100k, and got bored AF. It ain\'t good for the soul. You\'ll get there are be "is this it?". \n\n\nStart thinking about what jobs you can do that you actually like. For me, that was running a bar and working probono as the director of a reasonable not-for-profit disability sector organisation.', '1b9dvrl'], ['u/trabulium', 12, '2024-03-08 05:45', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvhhyc/', "Hey, depends what you love to do. I live in Melbourne but also lived in Thailand for 3 years. I'm in a similar financial position as you with a similar spread but \\~15 years older. Personally, I found it easier to meet like minded people in Thailand (Interested in culture, language, business, crypto, music / jazz etc) than here in Melbourne. I also think I could retired on around $1M in Thailand and have a great life. The only negative for me there is Chiang Mai, where I enjoy, has bad air around 2-3 months of the year but I would use that to 'holiday' to surrounding areas or see family back in Aus. A few subs for you to further your interests could be /r/expatfire /r/leanfire and / or /r/digitalnomad and also /r/coastFIRE/\n\nFor example, if you're in the digital space you could potentially try and coastfire / nomad in Asia for a bit and see if you like it. For me, it gave me the much needed break from the 8-5 drill here in Australia.", '1b9dvrl'], ['u/No-Improvement4884', 13, '2024-03-08 05:55', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvivuu/', 'Anywhere regional with better weather and less people', '1b9dvrl'], ['u/JacobAldridge', 14, '2024-03-08 06:01', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvjkvp/', "Because 5% has an 85% chance of success over 30 years, and that assumes no flexibility in your spending during a downturn; to people like me that's close enough to the 95% of a 4% SWR.\n\n10% has (iirc) more like a 15% success rate. So that's one reason why I'm happy with 5% (5.5% to be specific) not 10%.", '1b9dvrl'], ['u/Mother_Village9831', 13, '2024-03-08 06:03', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvjucr/', "No, you need to look more widely before you've given up. And by more widely I mean AT ALL.", '1b9dvrl'], ['u/Majestic-Donut9916', 21, '2024-03-08 06:26', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvmnqr/', "Yup. The 4% rule is a dumb rule of thumb for people who can't math.\n\nAnyone serious about FIRE should have plans to adjust spending during downturns and be willing to go back to work temporarily if needed to top up the account.\n\nI'd rather retire at 40 with a 90% chance of never going back to work rather than wait to 55 for 100% success.", '1b9dvrl'], ['u/420bIaze', 10, '2024-03-08 07:47', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvv87m/', "4% is based on a country with a far worse social safety net than Australia.\n\nWhere nothing like a $28.5k guaranteed pension exists, but medical bankruptcy does.\n\nIt's actually mad to apply that level to Australia.", '1b9dvrl'], ['u/Wildesy', 21, '2024-03-08 08:46', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw0oqs/', 'Peak first world post', '1b9dvrl'], ['u/Wildesy', 24, '2024-03-08 09:31', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw4krr/', '29 with 590k of assets and 165k salary… how will I manage to feed myself let alone retire?!', '1b9dvrl'], ['u/coco-butter', 10, '2024-03-08 09:38', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw563w/', '??? Yeah get rid of your Bitcoin when Vanguard and Blackrock just bought $1bn of it for their ETFs. It’s definitely a scam 🙄I don’t even own any BTC and this is dumb advice.', '1b9dvrl'], ['u/offthemicwithmike', 10, '2024-03-08 12:11', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktwh3nh/', "You could sell at the next crash instead?\n\nI'm assuming limiting volatility is what they're getting at.", '1b9dvrl'], ['u/Minimalist12345678', 12, '2024-03-08 15:57', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktx8sbn/', 'It’s not an asset - it produces zero wealth. Like gold, art, or commodities. Fuck that. It’s speculation - hoping that some other mf’er will buy it off you for more than you paid for it. That shit is for idiots with stars in their eyes.', '1b9dvrl']]], ['u/Sithaun_Meefase', 'Astrology for Apes, aka TA for regards, gather round', 135, '2024-03-08 05:39', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/', 'I was going to do a weekly every Sunday, which I still plan on doing. But my TITTS are so FREAKIN’ jacked, I had to come share, the alignment. \n\nI’m sure everyone’s little buttholes puckered, when BTC hit $69k and pulled back, MASSIVELY. I thought, “fuuuuuuuuuck, I’m already numb inside, I’m prepared to hurt more.” I have been here since 2017, it takes a lot to hurt me. The dip soon after became a rip, proving, I didn’t hear a bell or anything. But, let’s just say things are starting to get very interesting, in the crypto market. \n\nWhy is this important, OP? Get to the point! My bad, \n\nLRC, saw very little fluctuation during this period, my portfolio swang around like a hung donkey, but my loops stayed, so fucking strong.. \n\nWith the continued developments and massive leaps forward, there’s something to say about this, beyond all the noise, beyond all the hype, all the FUD, we are here to stay.\n\nAnyway, let’s get to this chart analysis! \n\nThe daily: \n\nThis is the chart, I have been watching from .24, the chart with the infamous, golden cross. The 50day moving average, inches closer, and closer to the 100day. We just need to get on top of .38 and close a candle. After crossing, the momentum is known, to melt faces. After a necessary pullback, of course. Which, I think we can all see, the wick down to revisit the 100day at .26, which was very quickly snatched up, as our symbolic pullback. Looking at a .420, hot wheel racetrack launcher. Why, you must be asking.. well, that’s just the way it works, when the planets have aligned. Leading me to, \n\nThe weekly: \n\nWe have consecutively stayed above the 7day, for 4 weeks in a row. About to start, week number 5. Wrapping up, the massively bullish, cup and handle. \n\nYou have got to be asking, why?\n\nIt’s simple, we have closed above the 100day, and held. About to close our second weekly, above the 100day, for the first time, since August, of 2020. Loops were a penny… soon to be $.86 just 4 short months later. 8 months after, we hit $3.80, but I briefly remembered $4.00, what a time to be a Looptard! \n\nI held, I still hold, and I’ve bought more. I actually DCA’d from 2021-2024. And then, doubled down, Why? Because, it’s going much, much higher.. we do have resistance at .42 and .5 but then, we’re headed to $1, then, listen, what I do know, is the wick down on our current weekly has officially retested the necessary strength of the 7day moving average to prove, we are a strong community here to fucking stay, can I get a congrats, or a hell yeah? That’s impressive! \n\nMonthly: don’t listen to the noise, look at where we’re headed. There are literally two small resistance in the way of a moonshot. Which have proven to get gobbled up. We’re out here together. Stay the course, Stay Zen. \n\n\nTLDR: When the hourly golden cross, leads to a daily golden cross, that just so happens to be set up with a cup and handle, a set up giving us enough strength, to set up the golden cross on the monthly. We are soon to be shitting green dildos this ALT season, which may be upon us.', 'https://www.reddit.com/gallery/1b9fc0g', '1b9fc0g', [['u/Octopus_vagina', 10, '2024-03-08 06:35', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvnoqu/', 'I love you', '1b9fc0g'], ['u/MJCRPT', 12, '2024-03-08 08:08', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvx78u/', 'Deal, with, it!🚀', '1b9fc0g'], ['u/Sithaun_Meefase', 11, '2024-03-08 08:30', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvz9sq/', 'Some people hurt so bad in life, they actually take time out of their day to spread negativity in the world. It’s sad.', '1b9fc0g'], ['u/Sithaun_Meefase', 11, '2024-03-08 08:32', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvzg1r/', 'Sexy, fucking, bastard 🤣🤣🤣', '1b9fc0g']]], ['u/AutoModerator', '[Daily Discussion] - Friday, March 08, 2024', 47, '2024-03-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/', '1b9fqc7', [['u/_TROLL', 19, '2024-03-08 06:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvjpzz/', "It's midnight Eastern time and the top two ETF numbers (IBIT/FBTC) haven't come in yet... weird.\n\nNeed a combined inflow of 290.3M to break even, which is very likely.", '1b9fqc7'], ['u/Top_Plantain6627', 11, '2024-03-08 06:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvjulb/', 'Have been wondering why they haven’t come out', '1b9fqc7'], ['u/mikenmar', 10, '2024-03-08 06:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvltw6/', 'Can you clue me in as to what you’re talking about?', '1b9fqc7'], ['u/dopeboyrico', 17, '2024-03-08 06:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvlvl8/', 'The numbers are so massive that they’ll cause a panic and we’ll instantly jump to new ATH upon release so they’re delaying as long as possible?\n\nKidding. But yeah, not sure what’s going on with the delay from both Fidelity and BlackRock.', '1b9fqc7'], ['u/_TROLL', 21, '2024-03-08 06:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvn8re/', 'Digital Currency Group (and CEO Barry Silbert) are currently being sued for $3 billion by NY for defrauding investors.\n\nThe AG put out a [press release here](https://ag.ny.gov/press-release/2023/attorney-general-james-sues-cryptocurrency-companies-gemini-genesis-and-dcg).', '1b9fqc7'], ['u/xtal_00', 15, '2024-03-08 06:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvnisc/', 'Juicy.', '1b9fqc7'], ['u/goldenprey123', 14, '2024-03-08 07:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvrs6y/', 'ETFs have never been late lol wtf going in', '1b9fqc7'], ['u/FmgNRTJj', 17, '2024-03-08 07:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvtofi/', 'Net +469 with fidelity adding a record breaking 473 mil!', '1b9fqc7'], ['u/Jip1210', 26, '2024-03-08 08:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvwg9s/', 'Good morning, my BTC chums.\n\nInflows good,\n\n67k held overnight (uk)\n\nMoving back up,\n\nTingly feeling in my balls, is it a premonition or a serious medical condition. The next 20 hours should provide the answer', '1b9fqc7'], ['u/sunil100k', 10, '2024-03-08 08:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvwuvg/', 'ATH today?', '1b9fqc7'], ['u/KuDeTa', 16, '2024-03-08 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvy25d/', 'With these relentless inflows - who on earth is selling all that corn at just under ATH?', '1b9fqc7'], ['u/VintageRudy', 12, '2024-03-08 08:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvy5cs/', 'Nah, mondays', '1b9fqc7'], ['u/keygen4ever', 12, '2024-03-08 08:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvym6y/', 'Profit takers, miners, bears. But mostly Grayscale clients.', '1b9fqc7'], ['u/Magikarpeles', 15, '2024-03-08 08:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvyp3t/', 'Sunday, when the futures open\n\nOr Shanka, when the walls fell', '1b9fqc7'], ['u/nationshelf', 18, '2024-03-08 08:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvyvgc/', 'There’s a guy on yesterday’s daily thread who posted 2 hours ago saying he sold and is waiting for 30k.', '1b9fqc7'], ['u/_TROLL', 16, '2024-03-08 08:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvzdjk/', "Yeah, I'm sure his 0.01 BTC stack contributed mightily to keeping the price down. 😋", '1b9fqc7'], ['u/1337Echo', 19, '2024-03-08 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktw1vrb/', 'I hate this mantra.\n\n\nYou have Grayscale to thank for being the ETF equivalent last cycle, scooping up more BTC than was mined daily.\n\n\nAnd you have them to thank for any ETFs at all.\n\n\nFuck this short sighted and ignorant meme opinion.', '1b9fqc7'], ['u/phrenos', 17, '2024-03-08 10:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktw9p4i/', "G'morn fam. A shower thought: \n\nIs it not likely that the net effect of GBTC outflows is actually zero? If we consider that those exiting Greyscale aren't just packing up and selling forever, but really 'sideflowing' to other ETFs, then we must consider that once GBTC outflows fall to zero, inflows to the others will halt by a commensurate amount - yielding a net zero change in the end? \n\nThe common belief here is that 'GBTC outflows ending = moon', but two seconds of logical thought would indicate that it's simply the end of money moving sideways, not the end of some titanic sell pressure. \n\nI wouldn't be surprised if the net effect on the price is almost nothing.", '1b9fqc7'], ['u/John_Crypto_Rambo', 10, '2024-03-08 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwaccl/', 'A lot of the flow has been FTX and Gemini/Genesis forced selling which hasn’t necessarily been going back to anything yet and is still waiting to be distributed I assume.', '1b9fqc7'], ['u/phrenos', 12, '2024-03-08 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwbqb7/', "$70k is barely the start of getting interesting. I'd say you're thinking too small. \n\nStarting at $138k is more likely a better option.", '1b9fqc7'], ['u/cryptojimmy8', 14, '2024-03-08 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwbz96/', 'Sold 10% this week just to get some chips off the table. I’ll probably sell some more at around 75k. What Ill not be doing is to let euphoria get to me and always want a higher number. That’s how the market gets you', '1b9fqc7'], ['u/Outrageous-Net-7164', 13, '2024-03-08 11:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwd06c/', 'I’m sure I will move the bar at 70 to 80k \n\nProbably delay and end up holding a full bag again. \n\nPromised myself I will exit this time though. 21/22 was a tough period for sure. Goblin town is a shit place to visit', '1b9fqc7'], ['u/Outrageous-Net-7164', 14, '2024-03-08 11:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwd3et/', 'Got me last time. Greed is a killer', '1b9fqc7'], ['u/spinbarkit', 24, '2024-03-08 11:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktweu6e/', 'today all btc etfs will [surpass](https://imgur.com/a/aGYsZzM) gbtc btc holdings', '1b9fqc7'], ['u/Maegfaer', 18, '2024-03-08 11:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwgb2x/', 'Exit to what? Inflating fiat? Overinflated AI stocks with lots of geopolitical risk?\n\nI\'ll probably sell some above 140K to fund some lasting quality of life improvements, but there\'s no "exiting" for me.', '1b9fqc7'], ['u/I_AM_DEATH-INCARNATE', 26, '2024-03-08 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwh0kf/', "Believe it or not, people have bills to pay and lives to live. Bitcoin is great because it affords people who hold financial freedom, but if you don't take advantage of it and use it, what's the point?\n\n\nI started taking profit at 50K. My first sell will be used to fund a Disney vacation for my three kids under 6 and part of a trip to Cape Cod.\n\n\nI bought all those years ago for the opportunity to enjoy a better life, not to become scrooge mcduck", '1b9fqc7'], ['u/mike-es6', 34, '2024-03-08 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwh42i/', 'So I\'m in a meeting today, software company, 14 people, 10 of them in their 20s/30s (all developers), just one guy (another developer) in his 60s .... that\'s me, the only Boomer.\n\nAnd Bitcoin comes up in passing, and the comments are like "oh, I hear it just reached a new ATH" and "yeh, wasn\'t an ETF launched a couple of weeks ago", stuff like that. Even it you assume that the people holding BTC kept quite about it (I mentioned the ETFs being the most successful ever, kept quiet that I am holding, basically no reactions), most of the people have no idea what is going on.\n\nI almost said "us Boomers f\\\\\\\\d you over on the property market, now we have the funds to f\\\\k you over on BTC" but decided it was not a good idea.\n\nWe are still so early!', '1b9fqc7'], ['u/IOnlyPostNiceThings', 11, '2024-03-08 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwhdng/', 'This. Selling it all at 350k and retiring.\n\nNon-zero chance we get there this cycle IMO.', '1b9fqc7'], ['u/Outrageous-Net-7164', 13, '2024-03-08 12:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwhiss/', 'I won’t sell it all. \n\nBut I watched a paper gain mill rot in 2021 be... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Amsterdam,Netherlands, March 08, 2024 (GLOBE NEWSWIRE) -- This press release, represented by based Brett, marks a significant announcement in the world of cryptocurrency. Crypto has surged back into the spotlight, captivating families worldwide and dominating dinner table conversations. With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.\nThe big exchanges are no exception when it comes to finding a position. Coinbase, the leading regulatory exchange in crypto, rolled out Basechain in 2023 and earlier this week announced their new smart wallet and ambitions to onboard over one billion users on chain.\nNaturally retail has flocked back to the game, especially to well-known memecoin leaders like DOGE, SHIBA, WIF, PEPE, and FLOKI. All listed on Binance, all performing well this run.\nAs one of the giants of crypto, speculation on what name will lead the Coinbase’s Basechain has been strong so far this March with BRETT, a meme created by Matt Furie - the same designer as PEPE - due to its resonance with the ‘crypto degen culture’. Any doubters of that culture need to look no further than PEPE to see its power.\nPEPE has recently gone from 300M to 3.5BN, WIF 200M to 3BN with a Binance listing.\nThe untapped potential for a meme leader on Basechain is beaming with BRETT hitting 200M this first week of March. First leader + new chain is a potential recipe for another name to be added to the list of meme legends of the crypto space. Traders and retail have begun speculating that BRETT could make a similar move to PEPE and WIF and legacy markets and institutional money doesn’t seem to disagree—plenty of volume for all.\nCheck out BRETT at:\nTg:https://t.me/basedbrettX:https://twitter.com/basedbrettWebsite:https://www.basedbrett.com/\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Eray Alkan brettonbase at protonmail.com', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,401.77", "AUM ($, mm)": "501,724.02", "AUM % Change": "0.28%"}, {"Ticker": "BOTZ", "Name": "Global X Robotics & Artificial Intelligence ETF", "Net Flows ($, mm)": "554.19", "AUM ($, mm)": "3,334.85", "AUM % Change": "16.62%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "435.21", "AUM ($, mm)": "419,669.71", "AUM % Change": "0.10%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "394.20", "AUM ($, mm)": "10,947.09", "AUM % Change": "3.60%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "384.99", "AUM ($, mm)": "105,489.48", "AUM % Change": "0.36%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "380.25", "AUM ($, mm)": "34,863.22", "AUM % Change": "1.09%"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "370.05", "AUM ($, mm)": "82,265.33", "AUM % Change": "0.45%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "281.65", "AUM ($, mm)": "12,597.85", "AUM % Change": "2.24%"}, {"Ticker": "IWF", "Name": "iShares Russell 1000 Growth ETF", "Net Flows ($, mm)": "264.03", "AUM ($, mm)": "87,806.77", "AUM % Change": "0.30%"}, {"Ticker": "KRE", "Name": "SPDR S&P Regional Banking ETF", "Net Flows ($, mm)": "227.40", "AUM ($, mm)": "3,000.87", "AUM % Change": "7.58%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-682.64", "AUM ($, mm)": "20,066.67", "AUM % Change": "-3.40%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-404.20", "AUM ($, mm)": "12,724.62", "AUM % Change": "-3.18%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-396.09", "AUM ($, mm)": "38,024.74", "AUM % Change": "-1.04%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-285.26", "AUM ($, mm)": "253,682.45", "AUM % Change": "-0.11%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-277.06", "AUM ($, mm)": "53,948.20", "AUM % Change": "-0.51%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-276.14", "AUM ($, mm)": "27,238.33", "AUM % Change": "-1.01%"}, {"Ticker": "VUSB", "Name": "Vanguard Ultra-Short Bond ETF", "Net Flows ($, mm)": "-182.71", "AUM ($, mm)": "4,219.52", "AUM % Change": "-4.33%"}, {"Ticker": "VBR", "Name": "Vanguard Small-Cap Value ETF", "Net Flows ($, mm)": "-170.39", "AUM ($, mm)": "27,686.53", "AUM % Change": "-0.62%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-153.67", "AUM ($, mm)": "447,332.45", "AUM % Change": "-0.03%"}, {"Ticker": "JANT", "Name": "AllianzIM U.S. Large Cap Buffer10 Jan ETF", "Net Flows ($, mm)": "-127.25", "AUM ($, mm)": "120.76", "AUM % Change": "-105.37%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.35", "AUM ($, mm)": "7,022.68", "% of AUM": "-0.20%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "7.49", "AUM ($, mm)": "17,526.88", "% of AUM": "0.04%"}, {"": "Commodities", "Net Flows ($, mm)": "-204.23", "AUM ($, mm)": "127,961.94", "% of AUM": "-0.16%"}, {"": "Currency", "Net Flows ($, mm)": "396.05", "AUM ($, mm)": "57,936.52", "% of AUM": "0.68%"}, {"": "International Equity", "Net Flows ($, mm)": "291.48", "AUM ($, mm)": "1,435,425.54", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "132.35", "AUM ($, mm)": "174,674.34", "% of AUM": "0.08%"}, {"": "Inverse", "Net Flows ($, mm)": "-289.40", "AUM ($, mm)": "13,578.84", "% of AUM": "-2.13%"}, {"": "Leveraged", "Net Flows ($, mm)": "566.24", "AUM ($, mm)": "92,863.06", "% of AUM": "0.61%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,440.24", "AUM ($, mm)": "5,320,583.10", "% of AUM": "0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,838.92", "AUM ($, mm)": "1,379,726.37", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "5,164.78", "AUM ($, mm)": "8,627,299.28", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Toronto, Ontario--(Newsfile Corp. - March 8, 2024) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it has changed its auditors from Raymond Chabot Grant Thorton LLP ("Former Auditor") to Kenway Mack Slusarchuck Stewart LLP ("Successor Auditor") effective March 8, 2024. At the request of the Corporation, the Former Auditor resigned as the auditor of the Company effective March 8, 2024 and the Board of Directors of the Corporation appointed the Successor Auditor as the Corporation\'s auditor effective March 8, 2024, until the next Annual General Meeting of the Corporation.\nThere were no reservations in the Former Auditor\'s audit reports for any financial period during which the Former Auditor was the Corporation\'s auditor. There are no "reportable events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") between the Corporation and the Former Auditor. In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Corporation and filed on SEDAR+ atwww.sedarplus.ca.\nThe Board of Directors would like to thank the Former Auditor for their past work and efforts.\nThe Corporation further announced today that it has settled a combined total of $400,000 CAD in debt via the issuance of 8,000,000 Common Shares at a price of $0.05 CAD per Common Share. and an additional $21,129 CAD in debt was settled via the issuance of 813,600 Common Shares at a price of $0.03 CAD per Common Share. All Common Shares issued in the debt settlement are subject to a four month plus 1 day hold period. The issuance of the Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets CorpT: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider, as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201087', 'No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company\'s stock is up over 900%, despite its core business stagnating.\nAre you a prospective investor who has a fear of missing out? Below, I\'ll examine why MicroStrategy is hoarding Bitcoin, how it\'s funding it, what could go wrong, and where the stock could go from here.\nMicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009.\nUp until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so.\nSaylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."\nSince then, the company\'s revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin.\nThe cryptocurrency\'s current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment.\nAs mentioned above, the company\'s core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity.\nFirst, the company\'s debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company\'s cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company\'s debt is unlikely to decrease anytime soon.\nAdditionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company\'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders\' ownership stakes in the company have decreased as more shares became available.\nIt\'s rather simple as to what could go wrong for the company: Bitcoin\'s price could crash. If the crypto price craters, MicroStrategy\'s stock will follow, and worse yet, the company could face a margin call.\nEssentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin\'s price fell low enough, MicroStrategy wouldn\'t be able to cover the margin call and could face bankruptcy -- even if it sells its holdings.\nPreviously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans.\nIn other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise.\nThe company\'s Bitcoin spending spree doesn\'t look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin.\nSenior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they\'re repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms.\nPut differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy\'s stock goes down, which will increase the company\'s debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined.\nThe company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin\'s return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses).\nAdditionally, MicroStrategy\'s market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing.\nThere\'s no doubt the company\'s bold Bitcoin strategy has paid off so far, but that doesn\'t necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nCollin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool', "Block(NYSE: SQ)pleased investors when it revealed its financial results for the last three months of 2023. Gross profit surged 22% on a year-over-year basis, with double-digit percentage gains for both Square and Cash App.\nThe company's forecast was also strong, particularly as it relates to profitability. Executives said they expect Block to post an adjustedearnings before interest, taxes, depreciation, and amortization(EBITDA) margin of 29% in the current quarter, which would mark a huge improvement from last year.\nThis business is picking up steam this year and beyond. Is it time to buy this topfintech stockon the dip?\nIn 2019, 2020, and 2021, Block -- then known as Square -- reported positive net income in each of these years. This was a consistently profitable enterprise, which is an attractive quality that all investors should want from the companies that they own.\nBut heavy investments in growth opportunities, like product development and customer acquisition, have led to losses for Block. Last year, co-founder and Chief Executive Officer Jack Dorsey decided that it was time to scale back and create a more efficient organization. Perhaps he recognized that in an era of higher interest rates, getting financially fit should be a top priority.\nIn 2023, Block's operating expenses were up 18% year over year, trailing the 25% jump in gross profit. This helped result in net income of $9.8 million for the full year, a welcome surprise.\nDorsey also set a cap of 12,000 employees until growth starts to seriously pick up (which would warrant new hiring). Across the tech landscape, we're seeing a similar focus from executives on getting rid of bloat that accumulated during the past few years.\nThere's no question that Block makes its users' lives better. This is a true sign that the company actually adds value. When considering what would happen if the business didn't exist, it's clear Block has aneconomic moat, particularly around switching costs.\nMerchants who use Square's wide array of offerings are unlikely to change providers given the headaches it would cause. Innovative features are always a main focus, most recently around ways to integrateartificial intelligence(AI) to improve sellers' ability to manage their businesses.\nAnd the same could be said for Cash App customers, of which there are 56 million monthly active users. As users interact with more features, like the Cash App Card orBitcointrading, it could further entrench them in the Cash App ecosystem, making it their primary personal finance tool. Cash App inflows, a key metric for the management team, rose 18% in Q4.\nLooking ahead, there is still a lot of growth potential. Combined, the leadership team forecasts a $190 billion gross profit opportunity for Square and Cash App.\nAs of this writing, shares of Block are an eye-watering 73% below their peak price. They've actually underperformed both theS&P 500andNasdaq Compositesince the start of 2023. This isn't what investors want to see.\nThe stock currently trades at a price-to-sales ratio of 2.1. That's significantly below its historical average.\nBut given the prospect of increasing profitability, we can look at the stock using a different valuation method. Shares are selling at aforward price-to-earnings ratioof just 24. That looks like an attractive price tag for a business that has as much potential as Block does.\nOf course, investors who are bullish on the company's ability to continue scaling up its gross profit and adding more customers, while at the same time reporting accelerating net income, should buy this stock without hesitation. It could be a huge winner in the long term.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nIs Block Stock a Buy?was originally published by The Motley Fool", 'Bitcoin recently climbed to arecord high, and many investors are taking another look at cryptocurrency as aninvestment vehicle. While the long-term outlook for crypto remains unclear, it appears to be here to stay in some form or another. One challenge when investing in this space is the sheer variety available — should you invest in cryptocurrency itself, companies involved in crypt, or both? Two obvious choices are Bitcoin and the crypto exchange Coinbase. Here’s a look at which is the better choice.\nCheck Out:I’m a Financial Advisor: These 5 Index Funds Are All You Really NeedRead Next:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nIt’s hard to directly compare the two, because they are in different asset classes. Bitcoin is a digital asset — in theory a currency, although data has shown that very few people are still using it that way. Coinbase is a business centered around crypto whose main focus is operating an exchange where market participants can buy and sell Bitcoin and other cryptocurrencies.\nThe distinction between the asset Bitcoin and the business Coinbase is crucial to understanding which is the better investment. During the California Gold Rush, it usually wasn’t the miners who got rich, it was the merchants and bankers that sold them equipment and bought their gold.\nThe problem with a physical asset like gold, or a digital one like Bitcoin, is that it is unproductive — it just sits there. It can’t create any value, although it may have other purposes in a portfolio, like serving as a hedge against inflation. That means that you can only make a return on your investment in Bitcoin if the price of Bitcoin goes up, and that’s far from certain.\nCoinbase, on the other hand, operates more like the merchants and bankers of the Gold Rush. As an exchange, they make money on the business activity surrounding crypto. Their business results don’t depend on the performance of any one cryptocurrency. If Bitcoin goes up and people start buying, that’s good for Coinbase. If Bitcoin goes down and people start selling, that can also be good for Coinbase. They also have the ability to expand into other business segments or even innovate new ones.\nLearn More:I’m a Banking Expert: Here’s How Much Money You Should Put in a CD\nIf you want exposure to cryptocurrency in your portfolio, the smart choice is to invest in a business that can generate real returns, rather than an unproductive asset that will never be able to create a cash flow. No one remembers the miners who tried to strike gold in the hills of Northern California, but companies that came out of the Gold Rush, like Levi Strauss and Bank of America, have made investors rich over the decades and are still going strong today.\nMore From GOBankingRates\n• 7 Household Products To Always Buy in Bulk at Costco\n• Average Cost of Groceries Per Month: How Much Should You Be Spending?\n• 7 Things to Do With Your Savings in 2024 to Grow Your Wealth\n• 4 Reasons You Should Be Getting Your Paycheck Early, According to An Expert\nThis article originally appeared onGOBankingRates.com:Coinbase Stock vs. Bitcoin: Which Should You Invest In?', 'Bitcoin recently climbed to arecord high, and many investors are taking another look at cryptocurrency as aninvestment vehicle. While the long-term outlook for crypto remains unclear, it appears to be here to stay in some form or another. One challenge when investing in this space is the sheer variety available — should you invest in cryptocurrency itself, companies involved in crypt, or both? Two obvious choices are Bitcoin and the crypto exchange Coinbase. Here’s a look at which is the better choice.\nCheck Out:I’m a Financial Advisor: These 5 Index Funds Are All You Really NeedRead Next:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nIt’s hard to directly compare the two, because they are in different asset classes. Bitcoin is a digital asset — in theory a currency, although data has shown that very few people are still using it that way. Coinbase is a business centered around crypto whose main focus is operating an exchange where market participants can buy and sell Bitcoin and other cryptocurrencies.\nThe distinction between the asset Bitcoin and the business Coinbase is crucial to understanding which is the better investment. During the California Gold Rush, it usually wasn’t the miners who got rich, it was the merchants and bankers that sold them equipment and bought their gold.\nThe problem with a physical asset like gold, or a digital one like Bitcoin, is that it is unproductive — it just sits there. It can’t create any value, although it may have other purposes in a portfolio, like serving as a hedge against inflation. That means that you can only make a return on your investment in Bitcoin if the price of Bitcoin goes up, and that’s far from certain.\nCoinbase, on the other hand, operates more like the merchants and bankers of the Gold Rush. As an exchange, they make money on the business activity surrounding crypto. Their business results don’t depend on the performance of any one cryptocurrency. If Bitcoin goes up and people start buying, that’s good for Coinbase. If Bitcoin goes down and people start selling, that can also be good for Coinbase. They also have the ability to expand into other business segments or even innovate new ones.\nLearn More:I’m a Banking Expert: Here’s How Much Money You Should Put in a CD\nIf you want exposure to cryptocurrency in your portfolio, the smart choice is to invest in a business that can generate real returns, rather than an unproductive asset that will never be able to create a cash flow. No one remembers the miners who tried to strike gold in the hills of Northern California, but companies that came out of the Gold Rush, like Levi Strauss and Bank of America, have made investors rich over the decades and are still going strong today.\nMore From GOBankingRates\n• 7 Household Products To Always Buy in Bulk at Costco\n• Average Cost of Groceries Per Month: How Much Should You Be Spending?\n• 7 Things to Do With Your Savings in 2024 to Grow Your Wealth\n• 4 Reasons You Should Be Getting Your Paycheck Early, According to An Expert\nThis article originally appeared onGOBankingRates.com:Coinbase Stock vs. Bitcoin: Which Should You Invest In?', 'In this article, we will be looking at the top 20 most valuable German companies. If you want to skip our analysis of the German market, you can skip ahead to theTop 5 Most Valuable German Companies.\nGermany\'s economy thrives due to the country\'s geographical significance in Europe for trade and also because the country dominates several global industries. The German automotive, chemical, mechanical engineering and electrical industries are the backbone of the country\'s economy. The German automotive industry is the most integral industry for the country\'s economy, out of the top 75 automotive manufacturers in the world, 15 are German companies. According to areportby AutoVista, January 2024 was the best opening for the German automotive market since 2020. Sales increased 19.1% compared to last year. The report forecasts 2.88 million new automobiles to be manufactured and distributed by the German automotive industry by the end of 2024.\nThe electronics industry is Germany\'s second largest and amounts to 10% of the domestic industrial output. Moreover, the electronics industry makes up 3% of Germany\'s gross GDP. According to areportby Germany Trade and Invest, GTAI, the German smartphone industry, in particular, is expected to reach $42.57 billion in 2024, growing at a rate of 1.3% year over year.\nGermany\'s semiconductor industry is another major industry uplifting the country\'s economy. According todataprovided by Simply Wall. St, the German semiconductor sector is expected to log an 8.6% increase in annual earnings over the next 5 years. The German semiconductor industry is the largest in Europe and the country has invested heavily in maintaining its semiconductor production. You might be interested in the10 Best Selling Consumer Products in Germany.\nInfineon Technologies (ETR:IFX), SAP (NYSE:SAP), and Siemens (ETR:SIE) are some of the most valuable and top companies in the German market. You might also be interested in the15 Best Places to Retire in Germanyand10 Most Expensive Cities To Live in Germany.\nInfineon Technologies (ETR:IFX) is a leading semiconductor company that specializes in power systems and IoT technologies. On February 20, Infineon Technologies (ETR:IFX)announcedthe sale of its two backend manufacturing sites to subsidiaries of ASE Technology Holding Co., Ltd (NYSE:ASX), an independent semiconductor manufacturing services company. One of the two manufacturing sites was based in Cavite, Philippines, and the other in Cheonan, South Korea. ASE will introduce new developments to the sites, however, a long-term supply agreement has been set between the two entities for continued supply of the new services and products to Infineon Technologies\' (ETR:IFX) existing customers. The agreement is expected to be finalized by the second quarter of 2024.\nSAP (NYSE:SAP) is a German software development company. The company is known for its S/4HANA software program that provides finance, procurement, supply chain, and asset management services. SAP (NYSE:SAP) also has several programmed solutions for human resources and customer services as well. On January 23, SAP (NYSE:SAP) reported earnings for the fiscal fourth quarter of 2023. The company reported earnings per share (EPS) of $1.53, surpassing EPS estimates by $0.21. The company reported a revenue of $9.19 billion and outperformed revenue estimates by $69.13 million. Here are some comments from the SAP (NYSE:SAP) Q4 2023earnings call:\n2023 was a great year for SAP. We met or exceeded our outlook in all key metrics. This clearly underlines that the transformation journey we started 3 years ago has now reached a new level. With significant business momentum, including in Q4, SAP is stronger and more relevant than ever as we enter the era of Business AI. At the same time, the tech industry is moving fast. We need to keep leading the way as a top enterprise application company and further advance to become the number one Business AI company as well.\nSiemens (ETR:SIE) is a German company and one of Europe\'s largest industrial manufacturing companies. The company has four segments; infrastructure, healthcare, industry, and transport. On February 27, the companyannouncedthe launch of Gridscale X, a modular software that helps tackle utility issues such as scaling grid capacity at a faster pace and increasing DER visibility in grid management. The software will assist grid operators in grid management, planning, and maintenance. This software is part of the Siemens (ETR:SIE) Xcelerator platform, which is an open digital platform that accelerates digital transformation.\nWith this context, let’s now take a look at the top 20 most valuable German companies.\nPhoto byMalusi MsomionUnsplash\nMethodology\nIn this article, we have listed the top 20 most valuable German companies. To make our list of the top 20 most valuable German companies, we relied on several sources, including industry reports, our rankings, and multiple similar rankings. We also went over the Yahoo Finance Screener and Finviz stock screeners. For public companies, we checked each company\'s market capitalization, as of March 8, on Yahoo Finance. The market caps for foreign companies were converted to US dollars based on the exchange rates, as of March 8. Our list is in ascending order of market caps as of March 8. To quantify the "value" or "size" of private companies, we selected the annual revenue available for the most recent fiscal year. The estimated valuation was sourced from major media reports based on the private companies\' latest funding round. The annual revenue was sourced from official statements by the company. Our list is in ascending order of market caps, as of March 8, for public companies, and alternative metrics for private companies.\nBy the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.\nMarket Capitalization: $25.34 billion\nAt number 20th on our list of the top 20 most valuable German companies is Uniper SE (ETR:UNO). Based in Dusseldorf, Germany, it is a multinational energy company with businesses expanding to Chicago, Singapore, Calgary, and Dubai. Uniper SE (ETR:UNO) has multiple global businesses such as energy trading, LNG, and gas. The market capitalization of Uniper SE (ETR:UNO) is $25.34 billion, as of March 8.\nMarket Capitalization: $33.52 billion\nRanking 19th on our list of the 20 most valuable German companies is Beiersdorf Aktiengesellschaft (ETR:BEI). It is a consumer goods company owned by the Herz Family. The company owns several world-renowned products such as Nivea, Labello, Eucerin, and Hansaplast. The market capitalization of Beiersdorf Aktiengesellschaft (ETR:BEI) is $33.52 billion, as of March 8.\nMarket Capitalization: $34.25 billion\nE.ON SE (ETR:EOAN) ranks 18th among the top most valuable German companies. It is an electric utility company and service provider. Essent, Suwag Energie AG, andE WIE EINFACH GmbHare the most prominent subsidiaries of the company. The market capitalization of E.ON SE (ETR:EOAN) is $34.25 billion, as of March 8.\nMarket Capitalization: $36.76 billion\nRanking 17th on our list of the most valuable German companies is Adidas AG (ETR:ADS). It is the world\'s second-largest and Europe\'s largest sportswear manufacturer. It is one of the footwear, apparel, and accessories brands owned by the Adidas Group, which also owns the Reebok and Runtastic technology company. The market capitalization of Adidas AG (ETR:ADS) is $36.76 billion, as of March 8.\nMarket Capitalization: $38.09 billion\nRanking 16th on our list of the most valuable German companies is Deutsche Borse (ETR:DB1) a share trading and securities marketplace based in Germany.\xa0 The platform gives access to investors and companies for transaction services and capital markets. The company has over 3,200 employees across the globe. The market capitalization of Deutsche Borse (ETR:DB1) is $38.09 billion, as of March 8.\nMarket Capitalization: $42.70 billion\nPorsche AG (ETR:P911) ranks 15th among the top most valuable German companies. It is a high-performance sports cars, sedans, and SUVs manufacturer. Owned by Volkswagen AG, the company is based in Stuttgart, Germany. The Panamera, Cayenne, 718, and 911 are some of the company\'s most famous sports cars. The market capitalization of Porsche AG (ETR:P911) is $42.70 billion, as of March 8.\nMarket Capitalization: $47.67 billion\nBASF SE (ETR:BAS), also known as Badische Anilin- und Soda-Fabrik, is one of the largest chemical producers in the world. The company owns several subsidiaries, such as Wintershall, Nunhems, and BTC Europe, to name a few. The market capitalization of BASF SE (ETR:BAS) is $47.67 billion, as of March 8.\nMarket Capitalization: $48.51 billion\nRanking 13th on our list of the top most valuable German companies is Infineon Technologies (ETR:IFX). It is Germany\'s largest semiconductor manufacturing company and one of the top 10 global semiconductor manufacturers. The market capitalization of Infineon Technologies (ETR:IFX) is $48.51 billion, as of March 8.\nMarket Capitalization: $50.13 billion\nDeutsche Post AG (ETR:DHL) is the domestic mail service in Germany, operated by the DHL Group. The company handles mail services such as mail communication, press services, retail outlets, and dialogue marketing services in its mailing division. The market capitalization of Deutsche Post AG (ETR:DHL) is $50.13 billion, as of March 8.\nMarket Capitalization: $65.46 billion\nMunich RE (ETR:MUV2), fully known as Munich Reinsurance Company, is a German insurance company. It is one of the world\'s largest reinsurance companies and also has a primary insurance subsidiary ERGO. As of March 8, the market capitalization of Munich RE (ETR:MUV2) is $65.46 billion.\nMarket Capitalization: $69.26 billion\nRanking 10th on our list of the top 20 most valuable German companies is Volkswagen AG (ETR:VOW). It is a multinational manufacturer of commercial and passenger vehicles, motorcycles, turbomachinery, and engines. It is a subsidiary of Porsche SE and is one of the world\'s largest automaking companies. As of March 8, the market capitalization of Volkswagen AG (ETR:VOW) is $69.26 billion.\nMarket Capitalization: $70.09 billion\nSiemens Healthineers (ETR:SHL) ranks 9th among the top 20 most valuable German companies. Based in Erlangen, Germany, it is a healthcare solutions and services company. The company owns several medical technology companies in Germany. The market capitalization of Siemens Healthineers (ETR:SHL) is $70.09 billion, as of March 8.\nMarket Capitalization: $74.72 billion\nRanking 8th on our list of the top most valuable German companies is Merck KGaA (ETR:MRK). It is a science and technology company divided into 3 main sectors, life sciences, electronics, and healthcare. The company operates on several continents and has research and development centers across several major cities around the globe. The market capitalization of Merck KGaA (ETR:MRK) is $74.72 billion, as of March 8.\nMarket Capitalization: $77.22 billion\nBMW (ETR:BMW), fully known as Bayerische Motoren Werke AG, is a German luxury vehicle and motorcycle brand. The company owns several other automobile brands such as Mini and Rolls-Royce, as well as its own motorcycle brand BMW Motorrad. As of March 8, the market capitalization of BMW (ETR:BMW) is $77.22 billion.\nMarket Capitalization: $84.94 billion\nRanking sixth on our list of the top 20 most valuable German companies is Mercedes-Benz (ETR:MBG). It is a multinational luxury and commercial automotive company, based in Stuttgart, Germany. It is one of the largest premium vehicle brands in the world and also has a commercial vehicle brand managed by Daimler Truck. The market capitalization of Mercedes-Benz (ETR:MBG) is $84.94 billion, as of March 8.\nClick to continue reading and see theTop 5 Most Valuable German Companies.\nSuggested Articles:\n• 15 States with the Best Healthcare in the US\n• Top 20 Biggest Mortgage Companies in the US\n• 12 Younger Woman Older Man Dating Sites in the US\nDisclosure: None.Top 20 Most Valuable German Companiesis published on Insider Monkey.', "PayPal(NASDAQ: PYPL)andBlock(NYSE: SQ)are two of the most popular fintech stocks today. Both have market caps of about $50 billion to $60 billion. Both have strong histories of growth. And both have plenty of growth potential.\nOne stock, however, is a much better buy today.\nPayPal the company does not need much introduction. Spun off from parent companyeBayin 2015, the company has amassed more than 400 million global users. From e-commerce transactions to paying back friends, almost everyone has either used PayPal personally or knows someone who has.\nPayPal the stock has a more volatile history.\nAfter its split from eBay, PayPal stock zoomed in value, from $40 per share to $300 per share in just three years. Since those all-time highs, however, the share price has cratered. PayPal shares now trade at 2017 prices.\nPayPal stock now trades at just 2.2 times sales -- a popular valuation metric forgrowth stocks. That's the cheapest shares have ever been.\nManagement has noticed the decline in valuation, opting toinvest $5 billionin share repurchases. By buying back its own stock at discounted prices, the company hopes to double down on a turnaround.\nThere's only one problem: PayPal has been here before. The company has already spent $15 billion in share repurchases since going public in 2015. These buybacks were executed at prices much higher than today, meaning they destroyed shareholder value.\nPayPal isn't going anywhere as a company, but don't be fooled into thinking the cheap valuation multiple is a clear buy signal. The reason the shares are cheap is that the company's best days of growth probably are behind it. In fact, its user base has beenshrinkingthe past two years.\nThe shares might be a worthwhile value at today's depressed prices, but there's a better choice for growth investors -- a stock with a turnaround story already in action.\nBlock has faced its own struggles. The company -- traditionally a payment processor, but more recently an investor in other areas like the peer-to-peer payment service Cash App, music platform Tidal, and a host of blockchain-related ventures -- has similarly seen its stock price crater after a slowdown in growth and a drop in profitability.\nOn a price-to-sales basis, Block stock is actually cheaper than PayPal, trading at 2.1 times sales. But as we'll see, the underlying business is much stronger.\nThe first advantage that Block has over PayPal is higher growth rates.\nWhereas PayPal's business is shrinking according to some metrics, most of Block's segments are experiencing strong growth. Block, for example, has 56 million monthly users on its Cash App. While growth has slowed significantly in recent quarters, the company continues to increase this user base.\nContinued user growth has allowed Block to maintain revenue gains that are much bigger than what PayPal has achieved, even during its\xa0 days as a hot stock after becoming an independent company.\nBlock is also better positioned for future growth.\nAs the company's name suggests, Block has made big bets on emerging blockchain technologies likeBitcoin. Users of its Cash App can already buy, sell, and transact in Bitcoin. Its Square payment processing platform, meanwhile, is poised to bring cryptocurrency transactions to the masses. Whereas PayPal is defending a plateauing business model, Block is positioned to capitalize on growth trends like the adoption of cryptocurrencies.\nWhy then is Block stock cheaper than PayPal?\nFor most of PayPal's public history, the company has been profitable, racking up billions in free cash flow -- the reason it has been able to fund its historical share buyback programs.\nBlock, meanwhile, has been unprofitable in recent years. When the shares spiked in 2020, however, the company had posted several quarters of profitability. This is what the market came to expect, until a string of quarterly losses sent the stock price tumbling.\nAs a whole, Block is less profitable than PayPal, but that's palatable as long as growth rates remain high. The market, after all, is willing to fund a rapidly growing company. When growth rates slow, however, the market suddenly becomes less willing to cover losses.\nLast September, Block co-founder Jack Dorsey rejoined Block as the chief executive officer with one mission: return the company to profitability. It didn't take long for this vision to be realized. In February, the company posted its first net profit in two years, albeit a small one.\nWith a return to profitability, expect Block's valuation multiples to pick up, especially if this feat is repeated in subsequent quarters. A high-growth stock that's profitable, no matter how small, deserves a higher multiple than 2.1 times sales in this market.\nBetween PayPal and Block, Block stock is the clear winner for investors right now.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRyan Vanzohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends eBay and recommends the following options: short April 2024 $45 calls on eBay and short March 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\n1 Fintech Stock to Buy Hand Over Fist and 1 to Avoidwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-09 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,337,506,579,125 - Hash Rate: 642965064.1720946 - Transaction Count: 359029.0 - Unique Addresses: 632927.0 Social & AI Sentiment: - Fear & Greed Index: 0.84 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy Incorporated (NASDAQ:MSTR) Q4 2023 Earnings Call Transcript February 6, 2024 MicroStrategy Incorporated isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Shirish Jajodia:Hello, everyone, and good evening. I'm Shirish Jajodia, Vice President of Investor Relations and Treasury at MicroStrategy. I'll be your moderator for MicroStrategy's 2023 Fourth Quarter Earnings Webinar. Before we proceed, I will read the Safe Harbor statement. Some of the information we provide during today's call regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-Q filed with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today. Also, during today's call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com. I would like to welcome you all to today's webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar, and Michael, Phong or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company's name when submitting your questions. Now, I will walk you through the agenda for today's call. First, Phong Le will cover the business results and the key pillars of our business strategy. Second, Andrew Kang will cover the financial results for the fourth quarter and full year of 2023. Then Michael Saylor will provide a strategic review and discuss recent bitcoin market updates. And lastly, we will open up to Q&A. With that, I will turn the call over to Phong Le, President and CEO of MicroStrategy. Phong Le:Thank you, Shirish. Hello, everyone. I'd like to welcome all of you to today's webinar. I want to start by providing an update on the state of the company and achievements over the past year. Today, MicroStrategy is the largest corporate holder of bitcoin in the world, holding 190,000 bitcoins with a total bitcoin market value of $8.1 billion as of yesterday. In 2023, we acquired 56,650 bitcoins for a total purchase cost of $1.9 billion, an average price of $33,580. In 2024 so far, we've acquired an additional 850 bitcoins for a total purchase cost of $37 million. Over the past year, we've seen bitcoin mature further as an institutional-grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our Bitcoin strategy with a long-term focus. Andrew will provide further details on our Bitcoin purchase activity for this quarter later. MicroStrategy is also positioned as the world's largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,900 employees focused on our software business, devoted to achieving our vision of intelligence everywhere. The past year has marked the most transformative in our 25-year history of being a public company as we released MicroStrategy ONE, MicroStrategy AI, MicroStrategy Cloud for Azure, AWS, and now the Google Cloud platform and continue to focus on growth in both cloud and AI plus BI. In 2023, we made important progress in our shift towards our cloud offering resulting in annual subscription services revenue of $81.2 million, an increase of 34% year-over-year. See also20 Best Small Towns in Florida to Retireand15 Reasons Why Millionaires Think They’re Middle Class. To continue reading the Q&A session, pleaseclick here.... - Reddit Posts (Sample): [['u/DivideDistinct9539', 'My father who was skeptical of bitcoin is angry he didn’t put his yearly bonus in bitcoin back in 2019 ', 903, '2024-03-09 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', 'Years ago, I tried to talk my dad into putting money into Bitcoin and explaining it to him. He said it was a scam, so I respected his response and left it at that. Well, now that Bitcoin hit 69k, he came home today and asked if any of us had money in Bitcoin. We asked why, and he said, “It’s at 69k,” and now he’s angry he didn’t put his 2019 bonus into it because if he had, he would have made 500k in profit. He said, “I could have retired.” Now he’s pretty upset. I couldn’t help but say, “I told you so,” which I’m sure was annoying. I really wish he had put money into Bitcoin; he deserves to retire. He’s worked so hard his entire adult life to support his family and provide for us. Don’t make the mistake my dad made. Buy and hold. ', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', '1ba345d', [['u/watchingbigbrother63', 69, '2024-03-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktztjxx/', "Bitcoin still has a very long way to go. Tell your dad it's not too late.", '1ba345d'], ['u/Itchy-File-8205', 203, '2024-03-09 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzybzt/', "Angry is a bad thing. It means he's an emotional investor and would have sold low or for a loss.\n\nNo sympathy", '1ba345d'], ['u/2LostFlamingos', 26, '2024-03-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzyl3d/', 'Second best time to buy is today. \n\nHe can retire next year.', '1ba345d'], ['u/F_uckthe925life', 10, '2024-03-09 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku00y5p/', "I tried the same with mine back when Bitcoin was 16k he said he was ok he didn't want to buy any. Now at 69k he said he may buy some. \n\nSee it alot, everyone laughs at us when it's low when we're telling them to buy after so much research. But when they see us make money they want to jump on the moving train 😂", '1ba345d'], ['u/Sandcracka-', 16, '2024-03-09 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku01au3/', "If the price never goes back down and he doesn't buy then you are giving bad advice", '1ba345d'], ['u/organicgrower420', 374, '2024-03-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku05na0/', 'Woulda coulda shoulda', '1ba345d'], ['u/millionmilegoals', 109, '2024-03-09 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku06tjz/', 'So what did he do with his bonus?\n\nIf he had put it into tech stocks or at the very least the S&P 500 he would’ve done okay too.\n\nI suspect this is one of those things that he wished he should have invested but spent his bonus on a new boat or something and have hindsight regret.', '1ba345d'], ['u/Equal_Classroom_4707', 16, '2024-03-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07cgu/', 'This is so delusional.', '1ba345d'], ['u/NoElection2224', 42, '2024-03-09 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07oar/', 'Anyone who has been in the investment world for some time, not just with Bitcoin, knows that beginners will always have regrets. There are basically four types of regret:\n\n1- Not buying an asset and then after some time it appreciates: I will regret not having bought it.\n2- Buying an asset and then after some time it appreciates: I will regret not having bought more.\n3- Buying an asset and then after some time it depreciates: I will regret having bought it.\n4- Selling an asset and then after some time it appreciates: I will regret having sold it.\n\nThis is a natural passage in the life of every investor, and over time they learn to master this more emotional side.', '1ba345d'], ['u/IArgueWithIdiots', 35, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku08yl5/', "If he hasn't bought any yet, it hasn't clicked for him.\xa0 He'd probably just panic sell next time it drops.", '1ba345d'], ['u/Hank___Scorpio', 24, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku090ic/', "No one cares about the things we didn't do.", '1ba345d'], ['u/Kurupt-FM-1089', 1750, '2024-03-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0alyw/', 'Let’s be real, he wouldn’t sold at the first dip and then blamed you forever.', '1ba345d'], ['u/H_Bowman', 22, '2024-03-09 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0awma/', "People like this piss me off. I'm guessing he'll refrain from buying now too and will say the same thing in another 4 years 🤮", '1ba345d'], ['u/SpicyHashira', 11, '2024-03-09 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0crdm/', 'Agreed. I guarantee he would have sold for a loss if he’s getting emotional. Sounds like paper hands to me', '1ba345d'], ['u/shit_master', 18, '2024-03-09 03:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0eagt/', "but didn't, so whatever", '1ba345d'], ['u/RealCheyemos', 11, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0g87o/', 'I think those of us in the west have a privileged way of thinking about finances; we don’t see the endless inflation like some of these Third World countries do, plus we’re really used to having private property, rights and freedom of speech, and all of these western freedoms that we take for granted… A lot of that doesn’t existin other countries, actually, a lot of countries…', '1ba345d'], ['u/parkranger2000', 168, '2024-03-09 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0gozk/', 'Dad doesn’t know shit about BTC and no chance he would e held thru bear market. Son woulda been blamed for losses. This kind of thinking is dumb', '1ba345d'], ['u/Im_so_little', 48, '2024-03-09 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0j000/', 'He won\'t do it again either when BTC drops again. He\'ll say some shit like "I knew it was worthless" but the floor in the next bear will be 45k or some shit.', '1ba345d'], ['u/Hospitaliter', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0k4zm/', 'My wife does', '1ba345d'], ['u/slugur', 17, '2024-03-09 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kks9/', "He would've panic sold at 4k like a paper boy. I hate when people just look at today's price and think they would've held through multiple bear cycles.", '1ba345d'], ['u/NevaGonnaCatchMe', 19, '2024-03-09 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kvol/', 'Exactly. This isn’t exclusive to Bitcoin. I considered putting a signing bonus into Tesla in 2013. I sold AMC for a small gain in 2021…blah blah blah\n\nWelcome to investing “dad”', '1ba345d'], ['u/KaydeeKaine', 10, '2024-03-09 04:01', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0m0cx/', 'Probably pre halving dump', '1ba345d'], ['u/GreenStretch', 47, '2024-03-09 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0qk0t/', "He didn't tell OP, but hookers & blow.", '1ba345d'], ['u/Awkward_Potential_', 11, '2024-03-09 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0rq2x/', 'Guaranteed he\'s saying he\'s "too late" to it now. So basically, he wants to get rich with no knowledge or insight and wants to do it in a short amount of time with a small amount of money. Lol', '1ba345d'], ['u/watchingbigbrother63', 10, '2024-03-09 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t165/', 'Until the price passes $220k.', '1ba345d'], ['u/peekdasneaks', 10, '2024-03-09 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t3rp/', 'After this cycle I’ll buy more if it drops to 69. I’ve played the previous ath every time and it has been like clockwork', '1ba345d'], ['u/FirstTimeRedditor100', 35, '2024-03-09 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0tuoe/', "If his bonus was enough to have made $500K profit since 2019, he must have had an enormous bonus. Which also means he must make a fuckton of money so I don't feel bad at all.", '1ba345d'], ['u/Ahchingchongpeng', 12, '2024-03-09 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0viql/', 'The only difference is institutions are in now so we don’t know if it will go that low during the next bear .', '1ba345d'], ['u/papa_autist', 373, '2024-03-09 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0xokh/', 'This is the correct answer.', '1ba345d'], ['u/Dub_City204', 102, '2024-03-09 06:10', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku12uhz/', '100% and that’s why I gave up even trying to orange pill ppl, they just blame any small dip and trip out, I’ve had it happen to me', '1ba345d'], ['u/Sele81', 50, '2024-03-09 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku1dbxo/', 'Exactly. That’s why I never say anything if friends or family asks me about when and if to buy bitcoin/crypto. If it dips they will blame me. If it pumps, they are the genius.', '1ba345d'], ['u/DesignerSea494', 24, '2024-03-09 09:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku1o6rf/', "Yeah, I know several people who bought in 2021 around 50-60k and sold the dip in 2022. This is why I told my dad to NOT invest in BTC, because I know he'd do exactly that as soon as it dips.", '1ba345d'], ['u/The-Patronizer', 11, '2024-03-09 15:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku2la5i/', 'That’s why everyone I have ever told in the last 5 years about BTC it comes with my disclaimer. “I am only recommending you buy BTC if you hold no matter what.” I am not responsible for any decisions you make to sell it. I also stress the crazy volatility and don’t put in what you can’t afford to lose. And blah, blah, blah. Everyone I have told to get in they still own the same amount or have stacked more.', '1ba345d']]], ['u/thrwAwyHome', 'Is my mom getting scammed? Or did she just get recruited by a ratings farm?', 20, '2024-03-09 02:10', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/', "My mom just messaged me asking me if I knew what Metamask was and whether I knew anything about Bitcoin for currency conversion. Mind you she's 60, knows nothing about technology and completely broke so idk what a scammer would get out of her. \n\nApparently someone told her she'd be working for OpenTable uploading restaurant data and they'd pay her in Bitcoin because they're a global corporation. She sent me screen shots and the url is opentable - bio. C o m which I pointed out is not the legitimate OpenTable. So is this a ratings farm?\n\nAnyone seen this before?", 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/', '1ba51s9', [['u/SJB630_in_Chicago', 46, '2024-03-09 02:16', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku06w8b/', 'Open table makes.plenty of money off credit card customers and doesn\'t need anymore "data". \n\nThis is a !task scam', '1ba51s9'], ['u/CIAMom420', 31, '2024-03-09 02:36', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku09roh/', 'No legitimate company pays in bitcoin. International companies pay in the local currency, or, if all else fails, with the almighty American dollar.', '1ba51s9'], ['u/Erik0xff0000', 35, '2024-03-09 02:49', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku0bp26/', '2 week old, pays in bitcoin, impersonates a real company. This is 100% a scam.\n\nDomain: opentable-bio.com \nRegistered On: 2024-02-28', '1ba51s9']]], ['u/kredninja', 'What do you think of Cardano honestly?', 81, '2024-03-09 02:10', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/', "In simple terms, I think ADA is such a great concept put into action, but poor marketing.\n\nUnlike BTC, ETH, etc. ADA does not have the hype that the others have, I strongly believe the reason why the other major coins are doing well even though they are inferior is because the average investor aren't smart, they are all hype followers. I believe same could be said for all popular trends, no one know why they are doing it, just that it's the trend.\n\nWhat do you think of this analysis?", 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/', '1ba5268', [['u/gtiehen', 59, '2024-03-09 02:20', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku07hng/', 'I believe it’s got great potential and I like watching my stake rewards go up:) Ada pumps on a different wavelength. Just chilling', '1ba5268'], ['u/thisisQualia', 87, '2024-03-09 02:27', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku08fd5/', 'The Future. A sleeping giant.', '1ba5268'], ['u/woodyb2112', 28, '2024-03-09 02:38', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0a3jn/', 'All the genuinely important and innovative projects are (relatively) dormant rn. ADA, LINK, AVAX, MATIC/POL whatever it is now, for example. I pretty much agree with your reasoning, but I think the traditional institutional investments and integration will take them farther than retail hype ever could', '1ba5268'], ['u/gethereddout', 37, '2024-03-09 02:47', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0bb9q/', 'I think it’s a work of genius with a bright future', '1ba5268'], ['u/reddit_1999', 68, '2024-03-09 03:00', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0d5xw/', 'Rock solid, stable blockchain with zero downtime. Best staking method. Best solver of the crypto Trilemma problem. I think it will be one of the winners in the long term.', '1ba5268'], ['u/Dazzling_Marzipan474', 13, '2024-03-09 03:02', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0djg5/', "It's up 130% this year and if you bought last bear you're up about 18x.", '1ba5268'], ['u/SwimmingGreat5317', 21, '2024-03-09 03:03', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0dme5/', 'Great future and trying to do the right thing at every stage. It helps my trust of the technology that it’s founder is out front representing Cardano and talking about the vision.', '1ba5268'], ['u/IamLkevin', 107, '2024-03-09 03:34', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0i2ty/', 'It’s literally in the top 10 and has marketed itself as one of the most reliable and decentralized.', '1ba5268'], ['u/gstagks4life', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0k514/', 'I think if every person that was concerned about marketing took action to market Cardano it would be more powerful. ADA is my top position and has been since 2017. Be the change buddy.\n\n![gif](giphy\|3o7TKNfG064bx1fiqQ\|downsized)', '1ba5268'], ['u/Cyril2016', 15, '2024-03-09 04:05', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0mlkl/', "Marketing is important. The more people know about it, the more traction it will get.\n\nLook at a project like Helium (with a real life use case). Initially they had their own block chain but that wasn't working for them so now they are building on Solana.\n\nCardano needs more developers and projects that have impact on real life, not some NFT's or meme coins.\n\nQuestion for developers: why would you choose the Cardano block chain over all the others? I know Cardano is one of the most decentralized block chains but apparently that doesn't matter if you look at the other chains.\n\nIs it maybe too difficult to build on Cardano and much easier on Ethereum for example? Cardano should be #1 chain to be if you are building a serious project. How can we lure the projects to 'our' chain?\n\n\nFrom a user perspective it is stable, has zero risk staking, smart contracts but I feel like we need more. Something big that no other chain has (yet) to make a difference.\n\nJust sad to see that meme coins are about to have higher market cap than Cardano.", '1ba5268'], ['u/reditpost1', 11, '2024-03-09 05:14', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0vxdr/', "It's rock solid. First they build out sideways and the they scale up. A strong organic grass roots project building a strong foundation.", '1ba5268'], ['u/bje332013', 24, '2024-03-09 06:04', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1248s/', '"ADA does not have the hype that others have ... because the average investor aren\'t smart, they are all hype followers."\n\n\nAgreed. Henry Ford once supposedly said "If I had asked people what they wanted, they would have said faster horses."\n\n\nCardano is currently very undervalued, and that has nothing to do with its competency. Apple was nearly bankrupt for a long time, and now it is easily one of the biggest corporations across the world.\n\n\nThere is so much excitement for crypto now because Bitcoin ETFs are available. So what? If people were serious about investing in Bitcoin, they could have bought it directly instead of waiting years for ETFs to be approved so they could buy shares in a fund that tracks the price of BTC.\n\n\nThe point I\'m making is that a lot of people who get into crypto are idiots and are only trying to make a quick buck, not even educating themselves about what crypto is or why the centralization that comes with ETFs goes against the principles that led to the creation of Bitcoin. Is it any wonder that Cardano is currently undervalued, especially considering how relatively new crypto is and how hostile regulatory bodies like the SEC have been to it?', '1ba5268'], ['u/Podsly', 11, '2024-03-09 06:08', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku12jdw/', 'I’ve never tried anything else. I pumped about 400k into it half way through the last bill and never sold.\n\nI bought some project tokens. Some were rugged. Some are still going. It’s been interesting Whatching things develop. \n\nAiken looks awesome and projects are starting to use it. I love that. Community is starting to take over cardano. I just learned that the Ape Society helped build LevvyFiance. \n\nThere are lots of things happening on top of the excellent foundation from CH and all those at IOG, Emurgo and Cardano Foundation.\n\nIt’s starting to build momentum.', '1ba5268'], ['u/iLuvRachetPussy', 10, '2024-03-09 08:15', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1g4zx/', '1. Due to its unique EUTXO accounting model and the use of Haskell/Plutus it cannot easily interface with other blockchains. We have our own wallet providers whereas other chains can use one wallet like Phantom or Metamask to solve multiple blockchain needs.\n\n2.EUTXO gives us our own unique problems to solve with our own DEXes. In fact in order to place a trade you generally have to be willing to accept a high degree of slippage.\n\n3. Because of EUTXO CNTs find extreme difficulty getting listed on tier 1 CEXes. \n\n4.Because of our use of Haskell/Plutus, development power on the entrepreneurial side is much lower than EVM chains. \n\n5. The chain while being reliable, due to missing a few market or fast finality tends to come up short in times of high demand where time is the main constraint in a transaction.\n\n6. For reasons I fail to understand there is not enough liquidity here and once you pair that with #5 and #2 it is hard to have a healthy defi market. \n\nSo long story short yea here at Cardano we all think we are the best or whatever. I’ve personally been using Sol, poly, and Bitcoin more lately and enjoying the fast and cheap transactions. I don’t think I’m an idiot that only cares about hype. I am just a user using the products that provides me the smoothest UX. \n\nCardano chose this path and maybe it will be worthwhile. Cardano is ultimately just another chain with no compelling use case for the average user. And this is coming from a self proclaimed (ex) Cardano-maxi.', '1ba5268'], ['u/SailstheSevenSeas', 14, '2024-03-09 10:22', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1ro9g/', 'The protocol itself. You stake with a stake pool, through a wallet', '1ba5268'], ['u/ITeabagInRealLife', 38, '2024-03-09 12:41', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku241qt/', 'It briefly reached top 3 last cycle, what a sight.', '1ba5268'], ['u/Handyman_4', 16, '2024-03-09 13:32', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku29ae7/', 'Reliability is unrivaled.', '1ba5268'], ['u/Ok-Engineering1873', 19, '2024-03-09 18:34', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku3jpm3/', 'You can certainly rely on ETH to have insanely high fees.', '1ba5268']]], ['u/Needsupgrade', "US gov is printing $1 Trillion with a T dollars every 100 days. I promise this is not the time you want to buy dollars . Don't sell the hardest asset for one entering this phase of debt debasement....", 334, '2024-03-09 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/', "If you want to rebalance out of Bitcoin do something that makes sense like purchase income producing assets like for example dividend paying stocks or a business then use that money to continue to DCA. Or other things that make sense , but not dollars. \n\nGreetings from Argentina \nStares inflation traumatized into the distance because he's seen some shit\n\nYou think it will stop and you might see the nominal price shoot up where it seems like a lot of money because you are anchored to what the dollar amount used to be worth in purchasing power but you will regret buying dollars", 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/', '1ba5lkb', [['u/PepeDeCorozal', 112, '2024-03-09 02:55', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0ci2u/', 'Thank you.\n\n\nBeing from the DR, I too am inflation traumatized.\n\n\nAmericans are blissfully unaware how suddenly a currency goes from ailing to absolute dogshit.', '1ba5lkb'], ['u/Confident-Bonus-9412', 34, '2024-03-09 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0du32/', 'There is a solution to the depreciation of fiat.\n\n\nRaise minimum wage from 9$ to $10.\n\n\nAmerica baby', '1ba5lkb'], ['u/crbvegas', 31, '2024-03-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0fhi8/', 'Newsflash if dollar tanks EVERYTHING tanks.', '1ba5lkb'], ['u/BitcoinMD', 13, '2024-03-09 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0iw1v/', 'What other letter could trillion start with?', '1ba5lkb'], ['u/VancouverCollectible', 70, '2024-03-09 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0mqdz/', 'When you realize the US pays back its debt by printing more money 💀🙏😭', '1ba5lkb'], ['u/Ok-Branch-6043', 10, '2024-03-09 04:10', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0n9kx/', 'Newflash, be ready.', '1ba5lkb'], ['u/Normal-Jelly607', 34, '2024-03-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0onvo/', '“So happy I bought btc at $61 and sold at $69 lol”\n\nNext year: “awwe man”', '1ba5lkb'], ['u/Normal-Jelly607', 40, '2024-03-09 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0p1zs/', 'When you realize the debt is imaginary and yet we’re all forced to pretend it’s real', '1ba5lkb'], ['u/No_Combination7190', 22, '2024-03-09 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0rjo9/', 'When you realize the debt being injected into our economy by our elderly leaders will almost certainly need to be repaid by us in the future through even higher taxes.. 💀', '1ba5lkb'], ['u/Normal-Jelly607', 15, '2024-03-09 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0s637/', 'An endless cycle of poverty', '1ba5lkb'], ['u/UnknownEssence', 54, '2024-03-09 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0svny/', 'Everyone in this post is an idiot. \n\nThe US debt is increasing by a trillion every 100 days. They are not printing a trillion. \n\nThose mean different things. r/Bitcoin is and always has been filled with financially illiterate people, especially in bull markets..', '1ba5lkb'], ['u/TakingChances01', 19, '2024-03-09 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0yqdc/', 'The Americans in this sub seem pretty aware, while thankful that the USD holds up better than some other currencies, it too is a shit show infinite money glitch for the central banking cartel and is trending towards zero rapidly while the cost of goods and services continue infinitely higher. US had 9% inflation in 2022. The uneducated think that since inflation is down to 3.2 that means prices of consumer goods are going to decrease. No, the rate of consumer price increase has more than halved, but it’s still increasing, only slower, and while it’s down all the way to 3.2% now, that’s still 70% higher the the FEDs target and the historical average.', '1ba5lkb'], ['u/draeneirestoshaman', 15, '2024-03-09 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku120oq/', 'are you serious? LMAO', '1ba5lkb']]], ['u/mulanthepulan', 'FINALLY A HALF COINER!!!', 567, '2024-03-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/', "Broke up with my long-term ex over a year ago, and I felt like total ass shit. I was broken. But I just invested this depression, sadness, and energy into learning as much about BTC as possible over the past year. I live at home with my parents. I have a full-time job, and take on 2 other side gigs. I shop at value village and try to always buy everything used. Make my own BK, lunch, and dinner. Keep stacking up over the past few months and have FINALLY got over 0.50 BTC. Feels pretty amazing. Keep stacking y'all. No matter what. Make yourself better. We deserve better.", 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/', '1ba6fpz', [['u/Financial_Clue_2534', 16, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0g4xw/', 'Congrats!', '1ba6fpz'], ['u/MarkReddit0703', 10, '2024-03-09 03:49', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0kayy/', 'Congrats, mate\\~', '1ba6fpz'], ['u/Lagered_and_happy', 21, '2024-03-09 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0kp70/', "Good job man! \nSimilar situation, i was pretty broken too couple months ago. Ever since that, i've been super committed to trading and investing. Building up that portfolio while being back at our parents feels so amazing. This break up literally gave us the opportunity to build wealth and it does feel amazing.", '1ba6fpz'], ['u/Natedawg316', 11, '2024-03-09 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0m6sp/', 'Total ass shit sounds terrible. Like your whole ass is covered in shit? Super squishy diarrhea .', '1ba6fpz'], ['u/DaVirus', 91, '2024-03-09 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0pgw3/', 'Bitches are temporary, sats are eternal.', '1ba6fpz'], ['u/Deathstaroperatorguy', 14, '2024-03-09 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0xj65/', 'This needs to be a shirt.', '1ba6fpz'], ['u/Born_wild', 11, '2024-03-09 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku105rn/', 'I have just a bit over 0.1, aiming at 0.2 before halving\xa0', '1ba6fpz'], ['u/bobyouger', 19, '2024-03-09 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku13lb1/', 'Congrats. Now stop telling people how much bitcoin you have.', '1ba6fpz'], ['u/chillBull1', 179, '2024-03-09 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku13mad/', 'Bro I cannot believe this… \nThis post literally gave me hope, I broke up with my gf of 4 years literally an hour ago feel like shit lol but im gonna grind this out heavy', '1ba6fpz'], ['u/ogvipez', 58, '2024-03-09 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1d75l/', 'Just remember the pain is temporary bro, you got this 💯', '1ba6fpz'], ['u/Pretend-Hippo-8659', 40, '2024-03-09 08:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1gn9o/', 'I broke up with my wife and went from whole coiner to half coiner. Never marry, coz then the pain never ends.', '1ba6fpz'], ['u/davidbanner_', 16, '2024-03-09 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1ir7l/', 'Breaking up with long term women seems to be the key here.', '1ba6fpz'], ['u/Spimbi', 10, '2024-03-09 09:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1nmxr/', 'Your ex will be contacting you in less than a year. Be prepared.', '1ba6fpz'], ['u/Bitcoin_Maximalist', 23, '2024-03-09 10:05', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1q8l3/', 'bitcoin is a wife changing event', '1ba6fpz'], ['u/emergency_salad_fox', 14, '2024-03-09 15:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku2qb9e/', 'Dudes going through their own halvings.', '1ba6fpz']]], ['u/Formal-Collection239', 'life is so interesting ', 46, '2024-03-09 04:13', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/', 'for the past couple hours i’ve been on BTC discussions going back to 2009 and people were discussing BTC the same way people are discussing pi now. some thought it a scam and others thought it was the next big thing. it was so interesting to see that those who believed in the project are enjoying the fruits of their labour and those who didn’t….. \n\nAnyways that brings me to Pi Network. it’s so interesting to me that in 10 years time Pi could either be one of the greatest cryptocurrencies and those who mined pi would be living their greatest lives or it could be another shitcoin… \n\nthat’s the beautiful thing about life. we’ll have to wait to find out… ', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/', '1ba7l8g', [['u/lexwolfe', 11, '2024-03-09 12:59', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/ku25tge/', 'Most of the money you see in crypto is speculation of future value which is linked to future utility. Final products are of no interest to speculators.\n\nPi plans to launch as a final product.', '1ba7l8g']]], ['u/InclineDumbbellPress', "If you think the bull run isn't here yet think again", 36, '2024-03-09 04:13', 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/', "There are multiple $1 million trades again.\n\nCoinbase crashing every week.\n\nBTC's new ATH done, and halving coming.\n\nMeme coins back in business.\n\nHigh school friends texting you after years asking for financial advice.\n\nGrandma asking you why the hell do you keep staring at your phone every 2 minutes.\n\nWelcome back baby, we're just getting started.\n\n", 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/', '1ba7lt2', [['u/SigiNwanne', 16, '2024-03-09 04:49', 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/ku0skgz/', 'It has began, just got to be the longest bull run ever.', '1ba7lt2']]], ['u/garbageisreddit119', 'Anyone else own no altcoins at all?', 50, '2024-03-09 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/', "Let's have a support group where we just sit around and stare at Bitcoin and ignore the random 50xs that are apparently happening in the shitcoin realm", 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/', '1ba7n87', [['u/harrumphx', 20, '2024-03-09 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku0rbuf/', "Well I don't think you're stupid. I'm not interested in shitcoin, or the market timing that would be needed to roll my stack into and out of them, or the fantastically higher risk of going to zero.", '1ba7n87'], ['u/Normal-Jelly607', 14, '2024-03-09 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku0t7d6/', 'All altcoins go to zero', '1ba7n87'], ['u/Bromigo112', 21, '2024-03-09 06:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku15c5r/', "I think it takes at least one cycle for folks to learn that altcoins are truly shitcoins and that their hype is purely based around marketing. Over time, folks in the space realize that Bitcoin is the best and there is no second best and that it's much less stressful to own bitcoin compared to everything else.", '1ba7n87'], ['u/tsawse', 11, '2024-03-09 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1akh0/', 'I own altcoins and think bitcoin is the only one that matters', '1ba7n87'], ['u/Tasty_Action5073', 10, '2024-03-09 07:25', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1b5q0/', 'After the alts sweep all of the new comers money, they all put it in bitcoin. lol', '1ba7n87'], ['u/veganbitcoiner420', 11, '2024-03-09 09:17', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1lwiy/', 'you mean shitcoins?\n\nthere is no alternative to bitcoin so calling them altcoins is a lie', '1ba7n87']]], ['u/All_I_Talk_Is_Tech', 'How can I stop looking at the price…', 68, '2024-03-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/', 'Guys… I’m addicted to looking at the price. I legit want to set it and forget it. My btc is money I don’t need to ever touch. \n\nHow can I set it and forget it, and stop watching btc price videos. \n\nI just buy and hold yet I’m adicted to checking the price every 20 mins - I have had this issue for years now \n\nAny advice? \n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/', '1ba7qkd', [['u/Traditional_Rich_992', 27, '2024-03-09 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku0q2nw/', "Study bitcoin instead; redirect your attention\n\nYou'll realize it's not really about the price\n\nIf you practice self control, you will get better at it. Each time try to wait 1 more minute than last time", '1ba7qkd'], ['u/Lionsjunkie', 26, '2024-03-09 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku0q2pf/', "It's hard not to be excited when you're making huge weekly/monthly gains", '1ba7qkd'], ['u/RIPLimJahey', 105, '2024-03-09 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku1a8rz/', 'When it bottoms and your -50k down, is when I usually stop checking', '1ba7qkd'], ['u/oscartheoneandonly', 16, '2024-03-09 10:56', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku1up2g/', 'I can verify this', '1ba7qkd'], ['u/vremains', 11, '2024-03-09 12:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku246mz/', "Yup, I went weeks without checking during the bear market. However now I'm back to every chance I get 😅", '1ba7qkd']]], ['u/not-ofearth', 'How woyld you explain bitcoin to elderly grandparents.', 27, '2024-03-09 04:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/', "My grandpa is old school. He's 80 years old, he worked in the fileds since he was a teeneger when he came from Mexico, he's a simple old dude. He likes his garden, to watch birds and watch sports. He dosen't even own a cellphone or ever used a computer. \n\n\nHow would you explain bitcoin to him?", 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/', '1ba7u05', [['u/Fooshi2020', 41, '2024-03-09 04:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0rdpt/', "You don't unless he is genuinely interested. Otherwise there is no point.", '1ba7u05'], ['u/not-ofearth', 14, '2024-03-09 05:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0wgq9/', "He's asked me about it. I briefly just explained how mining worked to him.", '1ba7u05'], ['u/Fooshi2020', 17, '2024-03-09 05:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0x4c4/', 'Good for him. A curious mind keeps us young.', '1ba7u05'], ['u/benjaminchodroff', 14, '2024-03-09 05:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0xfhq/', 'I have managed to explain bitcoin to my young son, but that doesn\'t mean he truly knows every nuanced detail of how it works. But he has an mental model that he can appreciate it. I think you grandpa can learn too.\n\nYour grandpa knows what physical gold is, and how while he can\'t prove it is scarce in the earth, he knows it is relatively scarce. Bitcoin, like gold, is scarce because there will never be more than 21 million of them. Bitcoin, like gold, can be subdivided into incredibly small pieces - the smallest being a satoshi which is a hundred millionth of a bitcoin. Bitcoin may be considered better than gold because it has an absolutely maximum of 21 million bitcoins (proving this requires reading the open source code), and it can be sent electronically - but gold has no absolute maximum in the universe, and gold cannot be sent electronically. \n\nHow does it work and how do we know this is true? A "block" of a set of transactions is mined every 10 minutes and has a link to the proof of the last block - creating a "chain". The miner receives a reward and all the transaction fees when they find the next block in the chain. This reward started with 50 new bitcoins per block, but every 210,000 blocks (about 4 years) the reward is reduced in half - called the halving. Eventually, in the year 2140, all 21 million bitcoins will be mined and no more will be in existence. When you send a transaction, it is sent around the internet to other miners who are attempting to include valid transactions (no double spending, etc.) in a block. In order to include this transaction in a block with a bunch of other pending transactions, the miners must solve an adjustably hard cryptographic puzzle that aims to ensure it is statistically likely to solve within 10 minutes. Every 2016 blocks, the cryptographic puzzle will increase or decrease in difficulty to ensure the average block period is 10 minutes. This means if more or less miners participate, the puzzle will self adjust. \n\nBitcoin has many other amazing features such as a scripting language that can enable one transaction to actually include many, many transactions (SegWit, TapRoot) or even lock bitcoins for a period of time (hash time lock contracts) which have enabled scaling the bitcoin network to new heights. When a participant joins the bitcoin network, they download a copy of the chain history and help share it to others. This ensures that even if many people were to drop or be forced off the network, the network would remain highly resilient as many, many people have copies of the chain. \n\nI could go on and on (as there are usually many questions on hard forks, attacks, etc.) but this is enough to cover a good start! I recommend he reads a book if he wants to truly learn more and how it compares to other currencies. The most popular is "The Bitcoin Standard."', '1ba7u05']]], ['u/Ok_Art_2874', 'The system is rigged to protect asset holders over fiat income earners. So, invest and HODL!', 34, '2024-03-09 05:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/', 'Asset holders are protected by the system more than income-earners\n\nI started working a little over 20 years ago. My starting salary was about $80k. My starting net worth was about $2k (I had a used car worth maybe $2k).\n\nMy salary has barely increased when adjusted for inflation - I now make about $200k, which is a little better than 2x, but not by much. I have been getting pats on the back and 3-4% annual raises for years.\n\nSimilar story for my spouse.\n\nWe have been gradually accumulating assets, so that our net worth has now reached $4.1M Net assets = $5.5M, net liabilities = $1.4M (mortgage loan at 2.6% fixed rate). The assets consist of home (quite modest but valued at $3M - talk about fiat debasement), stocks, bonds, and Bitcoin. Basically, a little bit of everything.\n\nSo, while income has only gone up by only 2.5x, net worth has gone up 2000x.\n\nSo, start investing and accumulating different types of assets with whatever your income. The system is designed to protect asset-holders, not fiat income-earners.', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/', '1ba8jbr', [['u/Fit-Welcome-4499', 125, '2024-03-09 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku0vka8/', 'u here flexing or complaining? i cant tell', '1ba8jbr'], ['u/chainer3000', 42, '2024-03-09 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku0z64l/', 'Your starting salary was 80k 20 years ago. It’s 200k now. I mean congrats bro, duh investing well works.', '1ba8jbr'], ['u/vinsanity_07', 20, '2024-03-09 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku11vd8/', 'Lol you make great money the fuck u talking about', '1ba8jbr'], ['u/CounterAdmirable4218', 56, '2024-03-09 06:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku12nr3/', 'I started out rich and now I’m still rich shocker.', '1ba8jbr'], ['u/averysmallbeing', 15, '2024-03-09 07:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku19gs4/', "Also 3-4% raises every year is a luxury, just because everyone should be getting that doesn't mean they actually are.\xa0", '1ba8jbr'], ['u/Role_Imaginary', 21, '2024-03-09 07:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1abfq/', '$80k is now " pretty much nothing"..\n\nWhen I started working I made $9 an hour 20 years ago..\n\nBut yeah. Step one. Don\'t be poor. Got it..', '1ba8jbr'], ['u/Then-Signature2528', 12, '2024-03-09 07:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1bqem/', "Started from the middle now he's here lol.", '1ba8jbr'], ['u/FairCry49', 34, '2024-03-09 07:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1d386/', "Is there a reason you posted this in like twenty different subreddits?\n\n\nAlso believe it's fantasy, but if not good for you!", '1ba8jbr'], ['u/Rendole66', 22, '2024-03-09 07:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1ejwr/', 'You started out with a job that paid 80k, how the hell was your first job with 0 experience paying 80k? Pretty sure I made 10k a year with my first dishwashing job', '1ba8jbr'], ['u/Frag187', 14, '2024-03-09 08:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fbfi/', 'This. The guy probably had a good job lined up for him.', '1ba8jbr'], ['u/Rendole66', 13, '2024-03-09 08:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fj98/', '“My dad owned a bunch of banks and let me manage one after school that he paid for, let me tell all you poors how to be successful and smart like me”', '1ba8jbr'], ['u/jadequarter', 10, '2024-03-09 08:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fqxt/', 'congrats and fuck you', '1ba8jbr'], ['u/PancakeConnoisseur', 17, '2024-03-09 08:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1k348/', 'Of what? Earning more than 90% of people and accumulating wealth?', '1ba8jbr'], ['u/Dazzling_Marzipan474', 10, '2024-03-09 09:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1kiix/', 'Ya this would come off way better if it just says times this amount and not trying to flex a few mil lol', '1ba8jbr'], ['u/Ashald5', 16, '2024-03-09 09:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1kqxh/', 'This is such a dumb post. Your salary after adjusted for inflation for 2024 is 135k (80k in 2004). Your starting salary put you leap frogs ahead of anyone during this time as the cost of living is significantly less. \n\n135k today is very different than before. Yes, you HODL but you had enough disposable income to put in the market to grow your net worth', '1ba8jbr'], ['u/look4jesper', 35, '2024-03-09 09:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1nqnn/', 'Bro had and 80k salary in 2004 and is complaining lmao', '1ba8jbr'], ['u/look4jesper', 10, '2024-03-09 09:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1nvkf/', '"Modest home" for $3 million xd', '1ba8jbr']]], ['u/TipsyRooOfficial', 'We’re getting stupider.', 35, '2024-03-09 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba8mgo/were_getting_stupider/', 'Fellow bitheads,\n\nWe’re getting stupider and stupider every day.\n\nWell… not all of us.\n\nI’m specifically talking about the day traders. However, it’s not completely their fault, because they’ve been stupid this whole time, and perhaps they don’t know better.\n\nFor clarification, there is a finite supply or BTC and access to that supply is RAPIDLY shrinking; More so than ever, and that’s never changing.\n\nNot only with the halving coming up, but with big financial institutions buying up everything they can find.\n\nWith a shrinking supply, each failed trade is more crucial than the last. \n\nEach failed trade, puts BTC in the hands of Fidelity and Blackrock at a discounted price.\n\nThey are not leaving money on the table.\n\nThey WILL buy it. \n\nEvery. single. time.\n\nAnd they are literally banking on your stupidity.\n\nEvery time you fail a trade, you’re handing the resources of the individual to the top 0.5%.\n\nStop doing that.\n\nBuy and hold and never stop buying.\n\nYou will make 1000x your money in the long run.\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ba8mgo/were_getting_stupider/', '1ba8mg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'In this article, we will list the 20 countries with the highest cryptocurrency adoption. If you wish to skip our detailed analysis, you can go to the5 Countries with the Highest Cryptocurrency Adoption.\nAccording tocalculationsby Bitstamp, trends in cryptocurrency adoption have shown an all-time high in developing countries across the globe, predominantly concentrated in Latin America, Africa, and Asia, as of 2022. This trend can be corroborated by the fact that Bitcoin became a recognized currency in the Central African Republic and El Salvador in 2022 and 2021, respectively. Both countries expressed interest in the benefits of doing so which included the augmented financial opportunities and diminished expense of cross-border remittances.\nOn March 5, Forbesreportedthat the cryptocurrency market is undergoing a prominent shift, especially after the dip of 2023 caused by the overall macroeconomic situation. Bitcoin itself underwent a high of $45,208 at the beginning of 2024, with the world crypto market reaching $1.74 trillion on January 3, 2024. According tostatisticsby Forbes, it stands at $2.72 trillion, as of March 9, 2024.Both Bitcoin and Ethereum have shown a remarkably stable rise in trading since the beginning of 2024, making it a promising year for cryptocurrencies.\nAccording to the computations of the Crypto Market Sizing Report put forward byCrypto.com, global cryptocurrency ownership increased by 34% in 2023 alone. Out of the 580 million people who bought cryptocurrency in 2023, Ethereum ownership increased by 39%, while a 33% increase was attributed to Bitcoin users.\nThis surge holds even more importance since it materialized against various global macroeconomic challenges, including the ongoing conflicts in the Middle East and Europe, financial constraints imposed by central banks in the West to combat inflation, and the ripple effects of the pandemic still evident.\nBitcoin users went from 222 million to 296 million between January 2023 and December 2023, while Ethereum users increased from 89 million to 124 million between the same time frame. Primary factors that fueled this growth include the rise of Bitcoin exchange-traded funds (ETFs), as well as the role of Bitcoin Ordinals protocols which allow for the seamless minting of fungible and non-fungible tokens (NFTs) on the Bitcoin network.An increased interest from institutional investors is further driving the popularity of cryptocurrencies.\nThe world’s most dominant cryptocurrency, Bitcoin, made history by reaching an all-time high of $70,000 on March 8, 2024. With a 2% uptrend, Bitcoin surpassed this benchmark for the first time in history, albeit momentarily. It had reached $69,300 on March 5, which is seldom considered the point of high resistance which results in high volatility once surpassed.\nWith a momentary touch to the $70,000 mark, Bitcoin dropped to $68,000. It is uncertain what the timing of its position above the high resistance mark was, but market observers and crypto enthusiasts are keeping a close eye on Bitcoin’s movement.\nThe crypto market is highly volatile, however it is a high-growth market with major companies working on technological advancements to support it. Some of the top companies making strides in the crypto market includeCoinbase Global Inc. (NASDAQ:COIN), PayPal Holdings, Inc. (NASDAQ:PYPL), and CME Group Inc. (NASDAQ:CME).\nCoinbase Global Inc. (NASDAQ:COIN)ranks among the top companies in the crypto market. It provides a secure, easy-to-use platform for users to buy, sell, exchange, store, and deal in cryptocurrencies and is one of the top cryptocurrency trading platforms in the world, with a market share of 6.30% as of January 30, according todatafrom CoinGecko. On February 15, Coinbase Global Inc. (NASDAQ:COIN) reported earnings for the fiscal fourth quarter of 2023. The company reported earnings per share of $1.04 and beat estimates by $0.84. The company\'s revenue for the quarter grew by 51.61% year over year and amounted to $953.80 million, ahead of Wall Street consensus by $135.43 million. Here are somecommentsfrom Coinbase Global Inc.\'s (NASDAQ:COIN) Q4 2023 earnings call:\n"So highlights from 2023 include significant growth in our subscription and services revenue through a down market, materially lower expenses, a return to profitability, a stronger balance sheet, we have more U.S. dollar resources and less debt as we enter 2024, and we did this all while accelerating our product velocity. Let\'s dive deeper and start in the details of full-year 2023. We generated $95 million of net income and nearly $1 billion in adjusted EBITDA. Our total revenue was $3.1 billion, down $86 million year-over-year."\nPayPal Holdings, Inc. (NASDAQ:PYPL) is another major player contributing to the growth of the crypto industry. The company recentlylaunchedits own cryptocurrency, PayPal USD, on August 7, 2023, and became one of the first significant online payment services in the United States to release its own stablecoin backed by the U.S. dollar. The company currently allows users to transact in PayPal USD, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.\nAnother leading company in the crypto space is CME Group Inc. (NASDAQ:CME), a derivatives marketplace that allows electronic trading across the globe. The company’s cryptocurrency exchange tools allow users to personalize their crypto trading, including their execution method. Users can regulate their roll strategy with the company’s daily updates and analytics put together by experts. The CME CF Cryptocurrency Real-Time Index and CME CF Crypto Reference Rate indicators further provide data for informed crypto trading strategies.On February 19 CME Group Inc. (NASDAQ:CME)announcedthe expansion of its cryptocurrency offerings and said it plans to launch Micro Bitcoin Euro and Micro Ether Euro futures on March 18. According to the company, 24% of its Bitcoin and Ether futures volume is transacted from the EMEA region, so this move will enable clients to hedge their cryptocurrencies more efficiently.\nOur Methodology\nWe integrated three different metrics to determine the countries with the highest cryptocurrency adoption. These included the total population, the percentage of the total population that owns crypto, and the number of people that own crypto, all sourced fromTriple A, and updated as of 2023.\nOur primary metric is the number of crypto owners, our secondary metric is the percentage of total population that owns crypto, and our tertiary metric is the total population. We have ranked our list in ascending order of our metrics, based on priority. If needed, tie-breaking was done, again, based on priority. We have ranked the 20 countries with the highest crypto adoption in ascending order of the aforementioned metrics on a priority basis.\nTotal Population as of 2023: 37.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.08%\nNumber of People that Own Crypto:1,921,753\n1.92 million Moroccans own cryptocurrency, making up 5.08% of the total population. However, the country has had a turbulent relationship with digital currencies in the past, according to areportby Binance. There is a dire need for financially inclusive regulations to allow seamless regulation and use of such currencies in the country. Morocco is ranked 20th among the countries with the highest crypto adoption.\nTotal Population as of 2023: 38.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 7.00%\nNumber of People that Own Crypto:2,714,177\nCanada boasts a favorable environment for cryptocurrency, with around 2.71 million Canadians owning one form of digital currency or the other. As per asurveyby CoinTelegraph, people aged between 18 to 35 are the most prominent owners.\nTotal Population as of 2023: 36.7 Million\nPercentage of the Total Population that Owns Crypto in 2023: 10.57%\nNumber of People that Own Crypto:3,885,037\nAround 10.57% of Ukraine\'s population owns cryptocurrency and the country ranks 18th on our list of countries with the highest crypto adoption despite an approximately 5% decrease in the percentage of cryptocurrency owners between 2022 and 2023. This is primarily because of the ongoing conflict in the country, bringing about serious macroeconomic consequences, as per areportby Global Conflict Tracker.\nTotal Population as of 2023: 67.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.74%\nNumber of People that Own Crypto:3,888,092\nThe United Kingdom is one of the countries with the highest crypto adoption, observing a positive adoption increase between 2022 and 2023. It is one of the friendliest countries in the world regarding cryptocurrency use and regulation and is even pushing forward its plans of adigital pound, or "Britcoin."\nTotal Population as of 2023: 172.9 million\nPercentage of the Total Population that Owns Crypto in 2023: 2.50%\nNumber of People that Own Crypto: 4,318,791\nBangladesh houses 4.31 million cryptocurrency owners, about 2.5% of its entire population. Its fintech industry is growing due to the central government\'s initiatives geared towards financial inclusivity and the normalization of blockchain technology.\nTotal Population as of 2023: 45.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 9.73%\nNumber of People that Own Crypto:4,451,944\nArgentina\'s population stands at 45.7 million, of which around 4.45 million own cryptocurrency as of 2023. The country has been showing positive signs in terms of the adoption of Bitcoin and other digital currencies since 2019. Argentinians are also flocking to cryptocurrency due to uncertainmicroeconomic conditions, including a shortage of U.S. dollars, economic instability, increasing inflation, and uncertainty surrounding its own currency.\nTotal Population as of 2023: 85.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.62%\nNumber of People that Own Crypto:4,825,626\nAccording to areportby CoinDesk, digital currencies are hailed as "saviors" in the financial landscape of the highly volatile Turkish lira, so around 4.82 million people in the country own cryptocurrencies. The Turkish government is also pushing forward plans to introduce its owndigital lirain the near future. Turkey is ranked 14th among the countries with the highest crypto adoption.\nTotal Population as of 2023: 123.2 million\nPercentage of the Total Population that Owns Crypto in 2023: 4.13%\nNumber of People that Own Crypto: 5,096,970\nMore than 4% of Japan\'s total population owns cryptocurrency, estimated at around 5 million people. The country boasts a strong arm of support from its financial sector and government, allowing it to stand at the forefront of revolutions in fintech and digital currency adoption. Japan is one of the countries with the highest crypto adoption.\nTotal Population as of 2023: 71.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 9.61%\nNumber of People that Own Crypto:6,902,630\nAsreportedby Bloomberg, Thailand has had its ups and downs with the use of cryptocurrency, and yet around 6.9 million people from among 71.8 million in the country own it. This comes up to about 9.61% of the total population.\nTotal Population as of 2023: 128.4 million\nPercentage of the Total Population that Owns Crypto in 2023: 6.55%\nNumber of People that Own Crypto:8,409,115\nMexico ranks 11th on our list of the countries with the highest crypto adoption, with around 8.4 million people in the country owning one form of digital currency or the other. These statistics show an increased affinity of the country for cryptocurrency, hinting at a positive potential trajectory.\nTotal Population as of 2023: 144.4 million\nPercentage of the Total Population that Owns Crypto in 2023: 6.06%\nNumber of People that Own Crypto:8,749,780\nRussia ranks tenth on our list of countries with the highest crypto adoption, with around 8.74 million Russians owning crypto. Despite the ongoing macroeconomic disruptions in the country due to its conflict with Ukraine, cryptocurrency\'s popularity does not seem to wane.\nTotal Population as of 2023: 277.5 Million\nPercentage of the Total Population that Owns Crypto in 2023: 4.40%\nNumber of People that Own Crypto:12,205,132\nAround 4.40% of Indonesia\'s total population, which comes up to about 12.2 million, owns cryptocurrency, holding the ninth spot despite a less than 1% decrease in its statistics between 2022 and 2023.\nTotal Population as of 2023: 223.8 Million\nPercentage of the Total Population that Owns Crypto in 2023: 5.93%\nNumber of People that Own Crypto:13,261,259\nNigeria ranks eighth on our list of countries with highest crypto adoption, and is well on the path to becoming one of the key players of digital currencies in Africa. About 6% of the total population of Nigeria owns cryptocurrencies as of 2023.\nTotal Population as of 2023: 117.3 Million\nPercentage of the Total Population that Owns Crypto in 2023: 13.43%\nNumber of People that Own Crypto:15,761,549\nThe Philippines is a prominent player in the cryptocurrency realm and holds the seventh spot on our list of countries with the highest cryptocurrency adoption because of a 7.3% increase in cryptocurrency owners between 2022 and 2023. This change has resulted in 13.43% of its total population owning cryptocurrency as of 2023.\nTotal Population as of 2023: 240.4 Million\nPercentage of the Total Population that Owns Crypto in 2023: 6.60%\nNumber of People that Own Crypto:15,879,216\nPakistan does not recognize cryptocurrencies as an authentic mode of payment, and yet around 15.8 million of its citizens own one sort of digital currency or the other. This number increased from 9.0 million in 2022. Pakistan is ranked 6th among the countries with the highest crypto adoption.\nClick to continue reading and see5 Countries with the Highest Cryptocurrency Adoption.\nSuggested Articles:\n• 20 States That Produce the Most Eggs in the US\n• 10 Affordable Alternatives to Airpods\n• Top 10 Alternatives To Adobe Creative Cloud in 2024\nDisclosure: None.20Countries with the Highest Cryptocurrency Adoptionis published on Insider Monkey.', "In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than MicroStrategy (MSTR).\nAccording to the fund'slatest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000 tokens.\nIt's possible that MicroStrategy has added to that total since, as the company earlier this weekpriced a $700 million capital raisewith intentions to use the funds to purchase more bitcoin.\nSince the launch of the spot ETFs on Jan. 11, BlackRock's IBIT has often added hundreds of millions of dollars worth of bitcoin on a daily basis, establishing itself as the largest of the new spot products (excepting the Grayscale Bitcoin Trust, which was converted from a closed end fund).\nNext in line for IBIT would be Grayscale's GBTC, which has lost more than 200,000 bitcoin since the spot products opened for business, but still holds around 400,000 tokens.\nMassive demand for the new spot ETFs is the key reason for bitcoin’s more than 60% price surge this year. The cryptocurrency topped $70,000 for the first time ever Friday morning, eventually reaching a fresh all-time high of $70,136, according to datafrom CoinDesk Indices. At press time, bitcoin was trading at just under the $70,000 mark.", "In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than MicroStrategy (MSTR).\nAccording to the fund'slatest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000 tokens.\nIt's possible that MicroStrategy has added to that total since, as the company earlier this weekpriced a $700 million capital raisewith intentions to use the funds to purchase more bitcoin.\nSince the launch of the spot ETFs on Jan. 11, BlackRock's IBIT has often added hundreds of millions of dollars worth of bitcoin on a daily basis, establishing itself as the largest of the new spot products (excepting the Grayscale Bitcoin Trust, which was converted from a closed end fund).\nNext in line for IBIT would be Grayscale's GBTC, which has lost more than 200,000 bitcoin since the spot products opened for business, but still holds around 400,000 tokens.\nMassive demand for the new spot ETFs is the key reason for bitcoin’s more than 60% price surge this year. The cryptocurrency topped $70,000 for the first time ever Friday morning, eventually reaching a fresh all-time high of $70,136, according to datafrom CoinDesk Indices. At press time, bitcoin was trading at just under the $70,000 mark.", "Ark Invest's Cathie Wood is a big believer inBitcoin(CRYPTO: BTC). She launched Ark's first spot price Bitcoin exchange-traded fund (ETF) in January once regulators gave their approval.\nEarlier this year, Wood raised her price target from $1 million to $1.5 million by 2027 -- which would represent a whopping 2,139% jump from Bitcoin's recent price of about $67,000. Wood expects that explosive growth to be driven by three tailwinds: the approvals of Bitcoin ETFs, institutional purchases of those ETFs, and the expected halving next month, which will cut the rewards for mining Bitcoin in half.\nWe should take those estimates with a grain of salt, since Wood has a habit of making wildly bullish predictions and not necessarily delivering; her flagshipArk Innovation ETF, for example, has only risen 13% over the past five years as theS&P 500rallied 88%. That said, we should still consider whether Wood's bullish thesis makes sense and if Bitcoin is worth buying.\nThe bulls believe Bitcoin will eventually join gold, silver, and other precious metals as a hedge against long-term inflation. Like the gold bugs, Bitcoin's bulls believe that fiat currencies are destined to depreciate, and the trend will drive more governments, businesses, and investors to adopt the cryptocurrency. Up until this January, most of those people invested in Bitcoin in three ways: through direct purchases on a crypto exchange likeCoinbase, through a trust likeGrayscale Bitcoin Trust, and through ETFs that were pinned to Bitcoin futures.\nBut all three methods had drawbacks. Crypto exchanges were disconnected from the public stock exchanges, prone to sudden disruptions and outages, and frequently targeted by regulators. The collapse of FTX and the recent criminal charges against Binance also rattled investors' confidence in stand-alone cryptocurrency exchanges.\nCrypto trusts were more secure and could be actively traded on the stock market, but they charged high fees. Bitcoin future ETFs also charged high fees, but they often failed to keep pace with the cryptocurrency's actual spot prices. The Securities and Exchange Commission's approvals in January of the first 11 spot priceBitcoin ETFsresolved those issues; the ETFs charge low fees, are directly tied to Bitcoin's spot price, and can be easily traded on the open market.\nWood believes those new ETFs will drive institutional investors to buy more Bitcoin. Back in December 2021, Wood predicted that if institutional investors allocated an average of 5% of their portfolios to Bitcoin, it would boost its near-term price by about $500,000. Wood reiterated that bullish view earlier this month and said that institutional buyers would drive Bitcoin's price to $1.5 million as it's recognized as a new asset class.\nMeanwhile, Bitcoin will undergo its next halving in April. That process, which occurs every four years, cuts in half the reward for miners likeMarathon Digitalto mint new Bitcoin -- but it might help boost Bitcoin's price as market demand outstrips its slowing supply growth.\nAt the same time, persistent inflation and escalating geopolitical conflicts could drive more countries to adopt Bitcoin as a mainstream currency. That trend could accelerate Bitcoin's transformation into a reliable, safe asset like gold and silver.\nCathie Wood isn't alone in her bullish view for Bitcoin's future. The British bankStandard Charteredsays its price will hit $100,000 by the end of 2024, while the financial services giant Fidelity predicts its price will reach $100 million by 2035 and $1 billion by 2038. It's impossible to say if those predictions will come true, but the approvals of the first spot Bitcoin ETFs could set a floor under its volatile price.\nSo instead of wondering if Bitcoin will deliver a 2,000% gain in just three years, investors should simply ask themselves if they believe the bullish argument. If Bitcoin sounds like a promising investment, then it might be smart to accumulate some Bitcoin or shares of a low-fee spot price ETF as a long-term growth play.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 2,139%, According to Cathie Woodwas originally published by The Motley Fool", "In typical fashion,Bitcoin(CRYPTO: BTC)is, once again, rising from the ashes. Recently hitting a new all-time high of more than $69,000, the brutal crypto winter that lasted much of 2022 is now but a distant memory.\nDespite doubling in just over four months, there is stillplenty of reasonto believe Bitcoin (and cryptocurrencies in general, for that matter) has yet to hit its peak, presenting a valuable opportunity for investors. Here are three short- and long-term reasons I would buy Bitcoin with $10,000 today.\nThe most immediate and apparent reason Bitcoin is worth a $10,000 investment today is the upcoming halving. Roughly every four years, as 210,000 blocks\xa0 are added to the blockchain, Bitcoin's rewards for mining new coins is reduced in half.\nThere have been three halvings so far, and the fourth is set to occur in mid to late April. This halving will be especially unique because it will cause Bitcoin's inflation rate to fall under 1% for the first time.\nSince the halving effectively makes Bitcoin more scarce, it has historically led to increases in price. During a year when a halving has occurred, Bitcoin has jumped by 125% on average. If a similar situation were to unfold this year, Bitcoin's price could reach roughly $99,000.\nWhile past performance is no indicator of future results, it is difficult to dismiss the impact of the halving on Bitcoin's price. By reducing the rate of Bitcoin's production, the halving makes it so that even if demand remains constant, its price must increase to compensate for the lessened supply.\nNow for a more long-term reason to invest in Bitcoin. While this year will see another halving, it is just one of many scheduled to take place. These halvings form the basis of Bitcoin's robust monetary policy and will continue until 2140, when the last Bitcoin is finally mined.\nWith a finite supply of only 21 million coins plus a diminishing inflation rate, Bitcoin has risen to become a viable hedge against inflation. And it will likely only become more capable of filling this role over time as the dollar's value continues to erode.\nIt can be slightly complex, but while inflation has dominated headlines over recent years, it isn't necessarily a new phenomenon. It is well known that policymakers and officials intentionally inflatefiat currencieslike the U.S. dollar to supposedly stimulate the economy. Whether this is necessary for economic growth or not, I will leave it to the experts to decide.\nWhat is clearer, though, is that any inflation reduces the buying power of currency holders, and it is nearly guaranteed that the dollar will lose value as time passes. Even if inflation is maintained at the targeted 2%, holders of these fiat currencies will see their purchasing power decrease by half in just 35 years.\nIn this regard, Bitcoin is the antithesis of fiat. Every dollar saved in Bitcoin is virtually immune to manipulation of central banks and governments. Not only is it protected, but since its inflation rate continues to diminish with each halving, and it has a finite supply of 21 million, any value stored in Bitcoin should grow with time.\nBitcoin outperforms the dollar in several respects but is also superior to just about every other cryptocurrency. While many new cryptocurrencies parade functionality Bitcoin doesn't provide, such as the ability to buy non-fungible tokens (NFTs) or participate in decentralized finance (DeFi) activities, they all fall short when it comes to decentralization and security.\nIn terms of security, Bitcoin's vast global network is estimated to be 500 times more powerful than the best supercomputer. To put it simply, Bitcoin's blockchain is virtually impenetrable and unhackable.\nAdding to its security, Bitcoin is also the most decentralized blockchain network. Analysts believe there are somewhere around 57,000 nodes maintaining the Bitcoin network scattered around the world. Unlike other cryptocurrencies with concentrated points of potential failure, Bitcoin epitomizes a truly decentralized network.\nSo, not only does it possess characteristics that make it the ultimate hedge against inflation, but it also possesses two of the most crucial aspects contributing to a cryptocurrency's value and long-term viability. Investors can rest assured knowing that any value stored in Bitcoin is safeguarded within the most secure and decentralized blockchain ever invented.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool", "In typical fashion,Bitcoin(CRYPTO: BTC)is, once again, rising from the ashes. Recently hitting a new all-time high of more than $69,000, the brutal crypto winter that lasted much of 2022 is now but a distant memory.\nDespite doubling in just over four months, there is stillplenty of reasonto believe Bitcoin (and cryptocurrencies in general, for that matter) has yet to hit its peak, presenting a valuable opportunity for investors. Here are three short- and long-term reasons I would buy Bitcoin with $10,000 today.\nThe most immediate and apparent reason Bitcoin is worth a $10,000 investment today is the upcoming halving. Roughly every four years, as 210,000 blocks\xa0 are added to the blockchain, Bitcoin's rewards for mining new coins is reduced in half.\nThere have been three halvings so far, and the fourth is set to occur in mid to late April. This halving will be especially unique because it will cause Bitcoin's inflation rate to fall under 1% for the first time.\nSince the halving effectively makes Bitcoin more scarce, it has historically led to increases in price. During a year when a halving has occurred, Bitcoin has jumped by 125% on average. If a similar situation were to unfold this year, Bitcoin's price could reach roughly $99,000.\nWhile past performance is no indicator of future results, it is difficult to dismiss the impact of the halving on Bitcoin's price. By reducing the rate of Bitcoin's production, the halving makes it so that even if demand remains constant, its price must increase to compensate for the lessened supply.\nNow for a more long-term reason to invest in Bitcoin. While this year will see another halving, it is just one of many scheduled to take place. These halvings form the basis of Bitcoin's robust monetary policy and will continue until 2140, when the last Bitcoin is finally mined.\nWith a finite supply of only 21 million coins plus a diminishing inflation rate, Bitcoin has risen to become a viable hedge against inflation. And it will likely only become more capable of filling this role over time as the dollar's value continues to erode.\nIt can be slightly complex, but while inflation has dominated headlines over recent years, it isn't necessarily a new phenomenon. It is well known that policymakers and officials intentionally inflatefiat currencieslike the U.S. dollar to supposedly stimulate the economy. Whether this is necessary for economic growth or not, I will leave it to the experts to decide.\nWhat is clearer, though, is that any inflation reduces the buying power of currency holders, and it is nearly guaranteed that the dollar will lose value as time passes. Even if inflation is maintained at the targeted 2%, holders of these fiat currencies will see their purchasing power decrease by half in just 35 years.\nIn this regard, Bitcoin is the antithesis of fiat. Every dollar saved in Bitcoin is virtually immune to manipulation of central banks and governments. Not only is it protected, but since its inflation rate continues to diminish with each halving, and it has a finite supply of 21 million, any value stored in Bitcoin should grow with time.\nBitcoin outperforms the dollar in several respects but is also superior to just about every other cryptocurrency. While many new cryptocurrencies parade functionality Bitcoin doesn't provide, such as the ability to buy non-fungible tokens (NFTs) or participate in decentralized finance (DeFi) activities, they all fall short when it comes to decentralization and security.\nIn terms of security, Bitcoin's vast global network is estimated to be 500 times more powerful than the best supercomputer. To put it simply, Bitcoin's blockchain is virtually impenetrable and unhackable.\nAdding to its security, Bitcoin is also the most decentralized blockchain network. Analysts believe there are somewhere around 57,000 nodes maintaining the Bitcoin network scattered around the world. Unlike other cryptocurrencies with concentrated points of potential failure, Bitcoin epitomizes a truly decentralized network.\nSo, not only does it possess characteristics that make it the ultimate hedge against inflation, but it also possesses two of the most crucial aspects contributing to a cryptocurrency's value and long-term viability. Investors can rest assured knowing that any value stored in Bitcoin is safeguarded within the most secure and decentralized blockchain ever invented.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool", 'HostAI revolutionizes cloud computing by merging with Decentralized Finance, offering unrestricted access to resources through DePIN\nMiami, Florida, March 10, 2024 (GLOBE NEWSWIRE) -- HostAI, the pioneering force in merging Cloud Computing with Decentralized Finance (DeFi), proudly announces its official launch, marking a significant leap forward in the realm of decentralized cloud infrastructure. With a mission to democratize access to cloud resources, HostAI introduces a groundbreaking platform that leverages the power of Decentralized Physical Infrastructure Networks (DePIN).\nIn a world where cloud computing has become indispensable across various industries including gaming, design, and hosting, HostAI breaks barriers by offering unparalleled accessibility through DePIN. Users can seamlessly exchange assets including $ETH, $USDC, $BTC, and more to gain unrestricted access to cloud services via the HostAI platform.\n"As developers ourselves, we understand the pivotal role cloud computing and hosting play in today\'s digital landscape,"said the team behind HostAI."HostAI is designed as an all-in-one solution, bridging the worlds of cloud computing and Decentralized Finance to empower users with seamless access to resources."\nHostAI is driven by a vision of a borderless world, where access to resources isn\'t constrained by geographical or jurisdictional limitations. At the forefront of this movement is DePIN, a burgeoning trend in DeFi that enables participants to tap into real-world services without the shackles of traditional constraints.\nWith Servers-as-a-Service (SaaS) and Hosting-as-a-Service (HaaS) options, HostAI expands the horizons of DePIN, bringing the concept to the cloud hosting, computing, and gaming sectors. In the months ahead, HostAI plans to further augment its offerings by integrating Nodes-as-a-Service (NaaS) and Validators-as-a-Service (VaaS) solutions.\nHostAI\'s commitment to its community extends beyond accessibility. The platform introduces a unique revenue-sharing model, where holders of $HOSTAI tokens can earn a share of HostAI service revenues. Through this model, holders are incentivized to actively participate in and benefit from HostAI\'s operations.\n"We believe in rewarding our community for their support and engagement,"added the HostAI team."Our revenue-sharing mechanism ensures that holders of $HOSTAI tokens receive their fair share of service revenues, aligning incentives for long-term growth and sustainability."\nKey details of HostAI\'s Revenue Share and Tokenomics include:\nInvestors can earn $ETH by holding $HOSTAI tokens, as 100% of HostAI Service Revenues are distributed to $HOSTAI holders. These distributions occur biweekly, with snapshots taken at random intervals to maintain fairness and prevent short-term manipulation. Eligibility for distribution requires holding more than 0.05% of the token supply, enabling HostAI to streamline transaction fees and allocate revenue effectively.\n$HOSTAI Tokenomics\n• Token Name: HostAI\n• Token Symbol: $HOSTAI\n• Blockchain: Ethereum Mainnet\n• Total & Circulating Supply: 100,000,000\n• Initial Liquidity: $15,500\n• Buy & Sell Tax: 5%\nHostAI invites enthusiasts, developers, and stakeholders to join the journey towards a more decentralized future. To learn more about HostAI and participate in the platform, visit the project’s official website athttps://hostai.ai/. Stay updated on the latest developments by following HostAI on Twitter athttps://twitter.com/HostAIETH, and joining the conversation on Telegram athttps://t.me/HostAIEthPortal.\nAbout HostAI\nHostAI is a pioneering platform that merges cloud computing with Decentralized Finance (DeFi), offering unparalleled accessibility to cloud resources through the power of Decentralized Physical Infrastructure Networks (DePIN). With a commitment to decentralization and community engagement, HostAI aims to revolutionize the cloud computing landscape while empowering users with seamless access to resources.\nWebsite\|Twitter\|Telegram\|Docs\|CoinGecko\|Uniswap\|DEXTools\|Etherscan\nhttps://hostai.ai/\nDisclaimer:The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nCONTACT: Nick Forrester HostAI Nick at hostai.ai']... Last 60 Days of Bitcoin's Closing Prices: [46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-10 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,363,372,641,394 - Hash Rate: 564073645.2552733 - Transaction Count: 368196.0 - Unique Addresses: 627815.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest's YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There's now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin." Wood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin's price surged 40% while the Regional Bank index imploded. A recent analysis by Fidelity showed that Bitcoin's correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been. ARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.... - Reddit Posts (Sample): [['u/GRODT_SHAH', 'Are people sleeping on miners?', 65, '2024-03-10 00:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', "BTC halving is only a month away and all WSB seems to talk about are semiconductor stocks and AI.\n\nAm I crazy here? Surely there is a real opportunity to capitalize.\n\nIt's almost a certainty to me that miners like CLSK, MARA and RIOT will outperform in the coming months. \n\nWhat do you think?", 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', '1bavdrg', [['u/fenriswulfwsb', 127, '2024-03-10 01:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dk6x/', 'Why is halving good for miners? It effectively doubles their costs', '1bavdrg'], ['u/dacalo', 18, '2024-03-10 01:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5do9l/', 'Have you thought about the miners being less profitable with the halving? They will only mine half of what they are getting now but still spend same expense.', '1bavdrg'], ['u/Disastrous_Week3046', 185, '2024-03-10 01:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dqe6/', 'MARA is up 133% over the last 6 months….', '1bavdrg'], ['u/Sea_Bear7754', 89, '2024-03-10 01:07', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5e134/', 'Better on than with.', '1bavdrg'], ['u/speedingmedicine', 14, '2024-03-10 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5efzb/', 'Miners are about to see profits cut in half and likely need expensive hardware upgrades to continue mining. Not a solid investment. Better off buying the coin.', '1bavdrg'], ['u/blu_id', 24, '2024-03-10 01:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5f25v/', 'I don’t have a definitive answer but I’ll tell you my personal experience the last few months. I stopped even looking at them. They used to run on BTC performance but now they will randomly break away for a day or two. Then go back to following corn. And when they are following BTC, it’s a wild ride. Miner stock is like a 0dte BTC option. And a miner option is….wild and unpredictable.', '1bavdrg'], ['u/LaykeTaco', 49, '2024-03-10 01:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5fj1l/', 'I think they diluted their shares too… by millions…', '1bavdrg'], ['u/Emotional-Price-4401', 38, '2024-03-10 01:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g0o8/', '... phrasing?', '1bavdrg'], ['u/olivefob', 13, '2024-03-10 01:21', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g48r/', 'Sleeping on minors is extremely questionable and you need psychiatric help', '1bavdrg'], ['u/iguessineedaname22', 10, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kszn/', 'Clsk is the play anyways. Just the options aren’t as spicy yet.', '1bavdrg'], ['u/FUWS', 13, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ktfq/', 'You must be a bag holder pretending to find some gems about MARA and RIOT. People absolutely know about this and you are crazy trying to pretend posting like people ate unaware. \n\nAlso, obvious choice generally means the opposite in the stock market, so it could be sell the news event.', '1bavdrg'], ['u/vwin90', 101, '2024-03-10 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kwkt/', 'Here’s the simplified math:\n\nHalving gives you less coins for the same amount of electricity you use. That makes it so that for sure, the value gained from mining will effectively get cut in half.\n\nHowever, halving theoretically makes coins more scarce, so basic supply and demand suggests that the price should then increase.\n\nThe big miners hold a lot of coins, so they’ll be affected by both variables. If the value of bitcoin doubles after the halving, then it won’t matter that they are mining less coins per day since the two effects will cancel each other out. However, while it’s basically guaranteed that the coins will be harder to mine, it’s NOT guaranteed that the value of each coin will double to cancel that out.\n\nIt’s quite possible that bitcoin continues to increase in value but NOT enough to offset the increased cost to mine. It’s also possible that it increases in value so much that increased mining costs are barely a factor. And it’s also possible that it perfectly evens out. Place your bets now!\n\nThe point is: the downside of the halving is guaranteed. The upside is unknown because supply and demand rules don’t always play out in real life like they do on paper.\n\nNow before people get mad at me: the disclaimer is that I heavily simplified the math. It’s more complicated because each miner has an average cost per coin for their stash based on how much energy they used to mine them, so it’s not like btc has to double to 140k for them to break even. Also, stock price is not that strongly correlated to actual value anyways. Neither is the coin value. You’re basically betting on horses here.', '1bavdrg'], ['u/Zaros262', 13, '2024-03-10 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5lv8j/', "Why would the price of BTC double? 93% of the theoretical max number of bitcoins have already been mined. Even if the last 7% were cancelled and the priced-in inflation disappeared overnight, that's only a 7% boost\n\nThe only thing this does is make new bitcoins take twice as long (twice the expense) to mine", '1bavdrg'], ['u/CoolRunner', 10, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5muvn/', 'When the miners stop diluting people will pay more attention\xa0', '1bavdrg'], ['u/CompooterMadeMeDoIt', 22, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5mx41/', 'why is that?\n\nsee this works with a stock reverse split. theres 100 shares i reverse split it in half, now theres 50 shares and those 50 shares represent the same ownership value as the previous 100 thus their value doubles. \n\nbut the halving is not cutting your existing bitcoin in half. its just making future bitcoins harder to mine.\n\nthis makes your bitcoin more rare, but rarity on its own does not make something valuable. \n\nto assume that the value will automatically double seems presumptuous. this isnt a reverse stock split. nothing changes with the existing pool of BTC already owned.\n\nits also publicly available information which should mean that its already being priced in.', '1bavdrg'], ['u/_mattske', 35, '2024-03-10 02:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5oenx/', 'Did you read this question out loud before posting it?', '1bavdrg'], ['u/pshawny', 37, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ok1e/', 'Most miners have been and will be diluting. Not millions, but hundreds of millions. MARA has a $1.5B at the market offer, meaning they can sell 1.5B of new stock to raise capital. RIOT has a $750M ATM offer.', '1bavdrg'], ['u/Matthiey', 13, '2024-03-10 02:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5py9j/', "Ya, that's nice. Very reasonable. Now go explain that to crypto-brodudes who can't understand basic physics or economics. When idiots hold, it creates artificial scarcity.", '1bavdrg'], ['u/brainfreeze3', 13, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5q6hv/', "That's not how the math works the scarcity and value would benefit holders way more than the miners. If they're mining half as much the value of Bitcoin would have to double overnight just for them to break even.", '1bavdrg'], ['u/Zaros262', 10, '2024-03-10 02:42', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5rp74/', 'The last remaining coins aren\'t any different from the rest of the coins though; the miners don\'t have any leverage like that\n\nSeems like this is just "but if everyone refused to sell!" cope, not even relevant to mining costs doubling. But also isn\'t the point of bitcoin that it\'s supposed to be an alternative currency? That doesn\'t work if no one sells it', '1bavdrg'], ['u/Primatene', 12, '2024-03-10 02:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5t93g/', 'this man gets it', '1bavdrg'], ['u/Ok-ChildHooOd', 16, '2024-03-10 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6b69x/', "It's not really good for miners but it's good for everyone else as the halving will in theory push the price of BTC up.", '1bavdrg'], ['u/teencrime', 27, '2024-03-10 07:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6s70u/', "In their respective filings with the SEC. The SEC has a platform (named EDGAR) where you can search for all of this information, free of charge\n\n[EDGAR](https://www.sec.gov/edgar/search/)\n\n[MARA's Filings](https://www.sec.gov/edgar/search/#/ciks=0001507605&entityName=MARATHON%2520DIGITAL%2520HOLDINGS%252C%2520INC.%2520\$MARA\$%2520\$CIK%25200001507605\$)\n\n[RIOT's Filings](https://www.sec.gov/edgar/search/#/ciks=0001167419&entityName=Riot%2520Platforms%252C%2520Inc.%2520\$RIOT\$%2520\$CIK%25200001167419\$)", '1bavdrg'], ['u/juventinn1897', 11, '2024-03-10 09:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku71t2h/', "It was 750million October 24, they just added another ability to add 750million $ more in shares to sell at market in the recent filing. That's about 30million shares at current prices. It's a bit of dilution for sure.\n\nNot amc dilution but about 20% over the course of both sales. So a solid chunk.\n\nMarathon can easily raise another 750million with the upwards pressure.\n\nAnd what is marathons true value? Their Bitcoin holdings alone are worth 1.5B or 25% of the market cap. \n\nMSTR holdings are worth 40% of the market cap and they have tons of loans on their holdings.\n\nThe argument can be made it enables more liquidity to the shorters to keep the price down. Which I would understand. But the price can't lie for that long.", '1bavdrg'], ['u/Deep_INDA_Money', 17, '2024-03-10 09:41', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku72prn/', '1) It cuts out their competition as it will be too expensive for smaller miners. Thus leaving all remaining coins to big mining companies and nation states \n2) their asset value increases for any coin in reserve, but BTC at least doubling is minimum best case scenario though \n3) RIOT has been buying cheap energy contracts to allow them to mine at lower costs in anticipation of the halving', '1bavdrg']]], ['u/Devastating_Duck501', 'Switching half my 401k from S&P 500 to Bitcoin ETF', 191, '2024-03-10 00:35', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/', 'I was going to call fidelity next week and see if this is possible. I have a company 401k that I have about 120k in. I am 29 and think the growth could be huge by the time I retire. ', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/', '1bavokd', [['u/Tonatic', 45, '2024-03-10 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5k3nw/', 'I doubt a BTC ETF will be available in your 401K plan, but they might offer Brokeragelink, which allows you to self direct into other investments. It’s how I have mine setup. Ask your advisor.', '1bavokd'], ['u/popsferragamo', 12, '2024-03-10 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5lhj0/', "I tried to do this in my company 401k with Fidelity and I couldn't. I did it in a rollover 401k and my Roth tho", '1bavokd'], ['u/sumcollegekid', 19, '2024-03-10 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5umxu/', "TOTALLY POSSIBLE!! I changed my 401k into a self directed IRA and bought GBTC a number of years ago. Best decision I've ever made. Buy and HODL.", '1bavokd'], ['u/dutsnekcirf', 14, '2024-03-10 05:54', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku6gsa0/', 'My 401k is through Fidelity. I recently discovered their brokeragelink service. The service is treated as an extension of your 401k, in that, funds transferred into the brokeragelink account from your 401k are still considered retirement funds and are not taxed or incur any early withdrawal penalty. Once you transfer any amount of funds from your 401k account into the brokeragelink account, you can self manage those funds.\n\nIn early February I transferred a very large chunk of my 401k (about 20%) into my brokeragelink account and bought fbtc with it. I bought it with 0 fees because fidelity is currently trying to promote their newly minted etf. But that won’t last for too much longer. In one month it’s up 54%.\n\nSince it’s still considered part of my retirement account I have no intention of touching those funds for at least fifteen years when I’m planning to retire.', '1bavokd']]], ['u/Yodel_And_Hodl_Mode', 'TUTORIAL: Using BIP85 To Back Up Your Seeds', 71, '2024-03-10 01:15', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/', 'BIP39 seed phrases generate an incredible amount of data. Did you know, your seed phrase can generate more seed phrases?\n\nBIP85 uses your seed as a parent seed to generate more seeds, which are referred to as child seeds. And any child seed can be used as a parent seed to generate more child seeds. It\'s all just math. Amazing, amazing math.\n\nJust as your seed phrase always generates the same keys and addresses for a wallet, with BIP85, your seed phrase will always generate the same child seed phrases using an index number. I should also mention that it\'s impossible for anyone with a child seed and its index number to calculate the parent seed that generated it.\n\nLet\'s say you\'re a parent and you want to create a Bitcoin wallet for each of your kids to inherit someday. Take your Bitcoin seed and assign each kid an index number for their child seed. Perhaps use the year each was born. Or, let\'s say you manage a business where employees get expense accounts and you want those to be in Bitcoin. Use each employee number as their BIP85 index number. If anyone loses their seed words, you can generate them again using your parent seed plus their index number.\n\nHere\'s how to use BIP85:\n\nCreate a seed (any BIP39 seed will do), but don\'t use it as your wallet. Instead, use that seed as a parent seed with a BIP85 index number to generate child seeds. Use the child seeds as your wallets. A BIP85 index is any whole number (in other words, no decimals).\n\nYou can see how this works by using Ian Coleman\'s excellent Mnemonic Code Converter website (scroll down to click "Show BIP85"). Side note: only use that site for testing. Never with your real seed.\n\n<a href="https://iancoleman.io/bip39/">https://iancoleman.io/bip39/</a>\n\nHere\'s an example. Let\'s use this 24 word seed phrase as a parent seed:\n\n> chicken pet almost magic size across mushroom group creek hub aware wonder stairs save few toddler midnight woman maximum fitness during order hip nice\n\nHey, that\'s a nice seed. We\'ll call it "Nice" through the rest of this tutorial.\n\nLet\'s use 42 as the BIP85 index number to generate a 24 word child seed:\n\n> length ensure west try neglect novel sand vibrant head evidence banana addict bachelor invest play shrug egg allow comic winter envelope evoke left lawsuit\n\nThe same child seed will always be generated by this "Nice" parent seed using BIP85 index number 42.\n\nHere\'s the 12 word child seed that will always be generated by the "Nice" parent seed using BIP85 index number 42:\n\n> door clay stove fury hill protect deny curtain add win ice immune\n\nI name my seeds, for the sake of keeping track of them. So, if I named my parent seed "Nice," I\'d name the child seed for index #42 "Nice 42."\n\nSince these child seeds will be the seeds you use to store your coins, follow best practices. Write the child seed on paper. Make a metal backup.\n\nHere\'s the beauty of starting with a parent seed: If you lose the child seed you\'re using as your wallet, no worries. You can easily generate it again by using your parent seed and the BIP85 index number.\n\nBIP85 is an amazing tool. It can be used to create the ultimate backup of your backups. It\'s especially good for multisig backups.\n\nLet\'s say you\'re setting up a 2 of 3 multisig wallet. Again, using the "Nice" parent seed, let\'s choose BIP85 index numbers 6, 7 and 42 for a 2 of 3 multisig. We could choose any index numbers. I just like these numbers since 6 times 7 equals 42 (and 42 is the answer to Life, The Universe And Everything).\n\nThese are our three 12 word child seeds for multisig:\n\nIndex #6:\nround zero jazz engage amused order fitness section move oblige raccoon artefact\n\nIndex #7:\nrazor actress core enact paper convince leader dinosaur slim mobile rent banner\n\nIndex #42:\ndoor clay stove fury hill protect deny curtain add win ice immune\n\nThere you go. If you lose any of your multisig seeds, all you need to get them back is your parent seed and the index number. If you want to keep things simple, you could use index numbers 1, 2, and 3 for your three multisig seeds.\n\nLet\'s try it! Here\'s our "Nice" parent seed with BIP85 index numbers 1, 2, and 3.\n\nIndex #1:\nupdate target agree drive beef kiwi twist crystal damage emerge proof obey\n\nIndex #2:\nenforce mixture good observe erosion omit leg inflict educate region nasty nest\n\nIndex #3:\nflag jeans caution taxi obey hungry crater crater day auction before average\n\nAnother great use for BIP85 is generating a 24 word child seed to use as your seed and a 12 word child seed to use as your passphrase. This eliminates the possibility of having a typo in your passphrase, and any hardware wallet that can scan passphrases using QR can scan it, which means you\'ll never have to type it. [Krux](https://selfcustody.github.io/krux/getting-started/) is excellent open source firmware for using a Maix Amigo as a hardware wallet, and Krux does Passphrase QR. Krux also does encrypted SeedQR, which means your QR codes are safe to keep anywhere as long as your encryption key is strong. [Here\'s an example.](https://imgur.com/a/mfO8c4c) I have to assume other hardware wallets will add this feature soon, because it\'s fantastic.\n\nHere\'s my advice for how to use BIP85:\n\nUse a hardware wallet that can generate BIP85 child seeds, such as Blockstream Jade or ColdCard.\n\nWrite your parent seed on paper. Make a metal backup.\n\nWrite your child seed on paper along with its name and index number, so you\'ll always know how you created it. Make a metal backup.\n\nI use a Blockstream Jade to generate BIP85 child seeds, and I use Krux as my hardware wallet. I realize owning two hardware wallets seems like overkill, but Jade costs $65 and the hardware to run Krux (a Maix Amigo) costs $50. So, that\'s $115 total.\n\nOnly use BIP85 if you understand it. And test your setup before using it to store coins. I\'m a big believer in setting up a new wallet, writing down the first address, and then wiping it out & setting it up again from scratch to prove I get the same first address... to prove I didn\'t make a mistake.\n\nOwning Bitcoin means being your own bank. BIP85 can be a powerful tool for recovering your seeds if anything is lost. I highly recommend it.', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/', '1bawk6a', [['u/TheReveling', 13, '2024-03-10 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/ku5kz9y/', 'This guy bitcoins.', '1bawk6a'], ['u/Yodel_And_Hodl_Mode', 11, '2024-03-10 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/ku5p81x/', 'This guy HODLs! :)\n\nSeriously though, I just want to help people secure their coins for the long haul.\n\nI plan to do a few more of these tutorials, partly so I can link to them when helping people in comments. My next one will probably be about helping people understand passphrases.', '1bawk6a']]], ['u/pizzatoppings88', "Did everyone just forget that the price doesn't matter?", 43, '2024-03-10 01:16', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/', "Whether your pro-bitcoin or anti-crypto, it seems like everyone has simply forgotten that the price doesn't matter.\n\n* If you're pro-bitcoin: it's a storage of value, you want to keep HODLing, never sell, it's already acknowledged at this point that it's useless as an actual currency. So if you never sell and just hold it as a storage of value forever then the price doesn't matter\n* If you're anti-crypto: there's no value thesis behind Bitcoin, it's completely useless as a currency, the only value it has is based on perception which is a fickle thing, so at the end of the day the price doesn't matter because it's inherently worthless\n\nEither way, the price doesn't matter. The only reason the price matters if if you're looking to buy and sell at a profit. So, anybody who is harping about the price of Bitcoin right now is a speculator/gambler, and not holding true to their own beliefs", 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/', '1bawl37', [['u/borald_trumperson', 18, '2024-03-10 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5hb3r/', 'I\'m here for the entertainment. Absolutely crazy price swings are very entertaining from this "mature asset". Up or down it\'s a rollercoaster of stupid', '1bawl37'], ['u/DontGiveMeGoldKappa', 11, '2024-03-10 01:43', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5jba7/', 'Warning:im a moron..\n\nThe price of bitcoin matters if ur goal is to make money.', '1bawl37'], ['u/uncle_crawkr', 14, '2024-03-10 02:16', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5o12b/', 'Lol. Lmfao even.\n\n“Store of value” is an established economic and financial concept not invented by butters.\n\nJust because some moron on a crypto thread says the phrases “store of value” and “HODL forever” in the same sentence doesn’t make those two concepts make any sense in the real world.\n\nEither they don’t actually care about it being a store of value in the true sense of that phrase and it’s just some cult collectible they want to own for the sake of owning, or they are being facetious when they say “never” or “year 3000.”\n\nWhat do you think real people do with wealth? Swim in it like Scrooge McDuck while sleeping in a cardboard box and dumpster diving for food?', '1bawl37']]], ['u/Mission-Marketing-18', 'I think CRO is the most underrated coin.', 59, '2024-03-10 01:16', 'https://www.reddit.com/r/cro/comments/1bawl6t/i_think_cro_is_the_most_underrated_coin/', 'CRO is really something. This might be THE coin. Big implementation across the US. Plenty of Bitcoin ATMs popping up and things are slowly adapting, it seems. CRO is my fav ', 'https://i.redd.it/lq1x3pukgenc1.jpeg', '1bawl6t', [['u/Mooncow027', 14, '2024-03-10 02:11', 'https://www.reddit.com/r/cro/comments/1bawl6t/i_think_cro_is_the_most_underrated_coin/ku5ndke/', "CRO is the only really underperforming exchange coin that I'm aware of. It's 83% from ATH. Even Kucoin is at 48%. CRO has room to run.", '1bawl6t']]], ['u/Original-Assistant-8', "Vitalik Buterin- How to hard-fork to save most users' funds in a quantum emergency", 152, '2024-03-10 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/', 'Looks like this has been on Vitalik\'s mind. He just posted this 17 hours ago. \n\nHis first point is to wait until it\'s clear there is large scale theft? We won\'t know this!\n\nThey will simply target random sized wallets and when someone claims theft, we\'ll say "they must not have protected their keys."\n\nSo, this needs to be addressed now, because there won\'t be a memo when to act. \n\n"Most users funds" ? I assume he means nothing we can do for whoever has their wallet stolen. Ugh\n\nInterestingly, just yesterday I posted on Quantum Resistant coins like Algo, QANX, QRL. Maybe Vitalik noticed. These projects will offer solutions that don\'t involve using STARKS - which Vitalik says are big, and hence need further concepts to help with gas efficiency. \n\nI\'d imagine anything that could impact gas fees will be met a lot of resistance. So consensus on this needs to be figured out asap.\n\nThis certainly sounds messy, but it needs to be addressed. Obviously the same applies to Bitcoin. BTC also has the issue of P2PK wallets from the early days which are more vulnerable. The longer it is ignored, the messier it gets. \n\nThis is all about signing and your keys, not to be confused with manipulating the chain itself (that appears protected).\n\nAnd I still don\'t see how this solve protects me. Do I get a new set of keys through this process? Because if quantum can determine my keys from an outgoing tran from years ago, then what prevents them from initiating this exact process. At a minimum until I take action it seems I would be vulnerable. That\'s why I\'ve always thought we need to give people a few years to take whatever action is required.\n\n', 'https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901', '1bawnuk', [['u/coinfeeds-bot', 14, '2024-03-10 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5g0d7/', "tldr; The article discusses a strategy for Ethereum to respond to a potential quantum computing threat that could compromise user funds by revealing private keys through public key signatures. It suggests a hard fork and the introduction of new transaction types and smart contract wallets, utilizing STARK proofs for secure transitions. This approach aims to protect most users' funds by allowing them to switch to quantum-resistant cryptography, even if a sudden quantum breakthrough occurs before widespread adoption of such measures.\n\nThis summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.", '1bawnuk'], ['u/Issa_John', 42, '2024-03-10 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5h9qv/', "I was also worried about this, quantum computing could break any encryption with ease, but it's still years away maybe a decade depending how fast these AI models develop.", '1bawnuk'], ['u/Original-Assistant-8', 33, '2024-03-10 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5ibqb/', "I hope so, but we've already seen Apple and Google start using post quantum encryption. It's a worldwide race with billions being spent. \n\nEven if the near term risk is small, seems we should prepare? Users need time to take whatever action required.", '1bawnuk'], ['u/_davidcodes', 35, '2024-03-10 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5iy8x/', "I never thought I'd read Quantum Emergency as a real thing in my lifetime", '1bawnuk'], ['u/Original-Assistant-8', 12, '2024-03-10 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5jy6q/', "It is crazy. Good news is NIST has been preparing with advanced encryption we can start using. Most centralized systems it won't be too bad. \n\nBut decentralized crypto requires consensus and for users to take action. Really glad it's being thought through, better late than never.", '1bawnuk'], ['u/Lyuseefur', 11, '2024-03-10 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku61hkj/', 'Apple / Google are worried about prior messages and devices that may have offline backups encrypted. \n\nThat data can be decrypted in the future revealing the secrets. For example, an intercepted (encrypted) data packet can be stored and then decrypted in the future as tech progresses. \n\nQuantum Tech is about like the 8086 right now. It works, kinda. We would need a compute cluster with a million qubits … and a decent OS to match before it gets interesting. The OS tools are very inefficient right now simply because we have yet to write a quantum language. It’s like this - we have “dot net 9” now for advanced chips and gobs of ram … we can barely run “hello world” written in Python on a quantum computer.\n\nSo there is a mismatch right now… in a few years it might be more interesting…by then Ethereum will evolve to be resistant.\n\nThe math behind it is still really good right now and I’m sure in 1-2 years it will be even better.', '1bawnuk']]], ['u/AsturiusMatamoros', 'Bitcoin has been a complete failure', 59, '2024-03-10 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/', 'In any of the stated goals of the white paper. It is not mined by individuals - it is mined by specialized conglomerates. It is not traded peer to peer - it is bought and sold on shady exchanges. \nThese two points in itself undid everything it was designed to solve, as both intermediaries are highly centralized and you do have to trust them (it is not a system that works “trustlessly”). It is also not used to buy anything, it is just hoarded, so it fails as a currency, while the unabated volatility makes it an unsuitable store of “value”. Energy costs make it a net-negative game that only facilitated scams and Ransomware attacks. Nor is it scarce, as there are now thousands of random other coins. \nIt is not even suitable as a vehicle for speculation, as the game is rigged by the likes of tether. \n\nSpeaking of tether: on the upside, it exposed that media seems to do zero due diligence (never mentioning tether, only breathlessly that “number go up”) and that self-fulfilling prophecies (number will go up makes number go up) is good enough for a sufficient number of people to make it so.\n\nAm I being too cynical?', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/', '1bawv3i', [['u/Cleaver2000', 43, '2024-03-10 02:44', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku5rxkl/', "Most cryptos and blockchain potential use cases have been a failure. I've been involved with a few of them, once it gets to actually implementing something it becomes clear very quickly that there are better options. Even in the crypto world, if anyone cared about using crypto as a currency, bitcoin would've been killed by litecoin in 2012/13 which has faster transactions, required less resources for mining and transaction costs were lower. Then litecoin would've been killed by ethereum, and so on with the next technically superior solution. However, idiots still think a completely inefficient solution from 2009 is the blockchain pinnacle.", '1bawv3i'], ['u/totomaya', 19, '2024-03-10 03:48', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku60u5w/', "Everyone thinks they're smarter, less greedy, and more patient than the others. That's how they get you.", '1bawv3i'], ['u/Straight_Meringue921', 11, '2024-03-10 04:02', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku62r08/', 'I have thought recently how so many self-declared proponents of BTC are now ETF inflow experts. In fact, they tend to be experts in whatever the latest narrative is. What BTC is now is not the vision held by its creator.\n\nImagine Satoshi returned, announced he / she / they were one of the primary bidders on the ETF narrative play, declared BTC a failure and moved his million or so OG coins to the exchanges. My word ...', '1bawv3i'], ['u/ionfrigate', 14, '2024-03-10 08:51', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku6yhzk/', '> Proof-of-work is essentially one-CPU-one-vote.\n\n> To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour.\n\nThese two "gems" from the white paper make it hilariously clear that Satoshi had no idea* that a bitcoin mining arms race would occur, leading to data centers full of shitty little toaster ovens designed to do nothing but SHA-256 hashes. He seriously seemed to think that difficulty would just sort of bounce around, maybe with an overall upwards trend per Moore\'s Law, but generally staying proportional to the sum of CPU power used by people actively using bitcoin for real-world transactions.\n\nOf course, he\'s hardly the first designer of a computer system who badly misunderstood human behavior. Why did Google become dominant? Because the designers of [previous attempts](https://en.wikipedia.org/wiki/Wide_area_information_server) at [search engines](https://en.wikipedia.org/wiki/Veronica_\$search_engine\$) seriously thought that a search based on simple, searchee-defined keywords could work without unscrupulous jackasses stuffing thousands of keywords so they\'d turn up on more searches.', '1bawv3i'], ['u/AdScared2960', 16, '2024-03-10 13:08', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku7kb64/', 'I work in supply chain. They said blockchain could ensure immutability in tracking supplies and some other nonsense. They forgot that tracking supplies is dependent on a scanned barcode. \n\nThe human scanning it can just simply not scan and steal the package, which is not something a blockchain can solve.', '1bawv3i']]], ['u/NutlessButterSquash', "Didn't they watch the movie? That was NOT a good thing that happened...", 38, '2024-03-10 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/', 'But then I thought about it and it really make sense and the meme was a perfect representation of Bitcoiner mentality. Their personal benefit will always outweighs everything else, even if it means damning everyone else for thousands of years. These parasites really do not deserve anything good. They are truly horrible and ugly in the inside. Rottened to the core.', 'https://www.reddit.com/gallery/1bawztq', '1bawztq', [['u/uncle_crawkr', 34, '2024-03-10 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/ku5lflm/', 'They should know that any “supply shock” from the halving is already priced in by the market since the event is a certainty, and the only profit left to be made by that event would just represent the time value of money.\n\nMost likely outcome is price crash when the buzz dies down, but they’ll HODL their precious anyway, thinking they’ll be the exception to the rule, even though Bitcoin is a trap that betrays everyone but its true master (market manipulators and pump&dump scammers).', '1bawztq'], ['u/MultiplicityOne', 20, '2024-03-10 02:20', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/ku5ojr1/', 'They do know that Isildur got killed by orcs soon after this, right? \n\nOoh, maybe they are planning on moving to Russia?', '1bawztq']]], ['u/wheeldonkey', 'Q\'s on "lost" BTC due to death, etc', 26, '2024-03-10 01:49', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/', 'We are all conditioned to keep our mouths shut about our passwords and cold storage... and that got me thinking that over time, quite a lot of BTC will end up just sitting around in dead people\'s accounts, and people heirs may not find access to it. It would be the same effect if someone simply loses access to their wallet... and so, these BTC would simply continue to exist, but would be permanently out of circulation.\n\nAre there estimates for how much % of BTC is "lost"? Or how this would track over time? How would this even get measured, because any dead person\'s address would just look like a HODL\'er.\n\nIs this yet another deflationary pressure? As the living are squabbling over fewer and fewer available coins? Will it add upward pressure on the price over time?\n\nAny good reading on this?', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/', '1bax9yg', [['u/tommy4019', 60, '2024-03-10 03:37', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku5zd1v/', "It's actually the first time a Human can truly take his wealth to death with him.", '1bax9yg'], ['u/Open-Distribution-36', 26, '2024-03-10 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku63wm0/', '“Lost coins only make everyone else’s worth slightly more. Think of it as a donation to everyone” - Satoshi Nakamoto', '1bax9yg'], ['u/ElectronicGas2978', 14, '2024-03-10 07:00', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku6o7es/', "The wealth isn't gone. It's proportionally distributed to all holders via deflation.", '1bax9yg']]], ['u/YoungReese', 'Bitcoin breakout over the weekend could point towards a strong week', 231, '2024-03-10 01:56', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/', "After Friday's fiasco bitcoin is currently consolidating around $68,000. I believe that if its able to break out before market open we could see green for most of next week. lmk what u guys think.\n\nhttps://preview.redd.it/kcstkqjfnenc1.png?width=1058&format=png&auto=webp&s=971e30562c81d1801b03fe5d48973c15b0832435", 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/', '1baxfhz', [['u/No-Page-9800', 100, '2024-03-10 02:12', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5nion/', 'I fucking hope, my spy calls need help after the raw penetration they received on Friday😔', '1baxfhz'], ['u/AncientWyvern_Shield', 171, '2024-03-10 02:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ob2o/', 'Oddly enough, BTC price is usually a decent indicator for weekend->weekday predictions.', '1baxfhz'], ['u/WOTEugene', 49, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5onh8/', 'I think you’re on to something… before Friday’s sell off BTC was first to dip. I think it’s actually a good leading indicator.', '1baxfhz'], ['u/YoungReese', 17, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5otep/', 'bitcoin just broke out and jumped $1000.', '1baxfhz'], ['u/SubstantialNinja', 10, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5otn1/', 'yeah probably over 72k by end of day Monday.', '1baxfhz'], ['u/YoungReese', 63, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ovwa/', 'yup and it just broke out with another $1000 added', '1baxfhz'], ['u/EthereumJesusBro', 17, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5oww2/', 'It’s gonna breakout on Monday and fall the rest of the 1-2 coming weeks. \n\nDon’t ask me how I know this but trust me', '1baxfhz'], ['u/breaker_bad', 21, '2024-03-10 02:23', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5oyq8/', 'Yeah dawg it’s breaking out as soon as you posted this please do a SPY $525 analysis next', '1baxfhz'], ['u/creedthoughtsblog', 29, '2024-03-10 02:27', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5pm1a/', 'actually memes and crypto pumping is usually the beginning of a dump, signals that retails are getting too involved and MM about to step in', '1baxfhz'], ['u/YoungReese', 20, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5q3jy/', 'my analsis is that i dont have that tingly feeling i got for bitcoin rn so wait a lil bit and see when the tip of ur cock starts to tremble then buy in', '1baxfhz'], ['u/Bulky_Negotiation850', 14, '2024-03-10 02:44', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5s11t/', "Biden's comments on Friday about the fed dropping rates and CPI on Tuesday is what matters.", '1baxfhz'], ['u/leli_manning', 33, '2024-03-10 02:46', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5s6u3/', "Annnnnd it's gone", '1baxfhz'], ['u/abclassic', 62, '2024-03-10 02:57', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5tqi9/', 'It’s going to take out 75k this week', '1baxfhz'], ['u/weaponsmiths', 33, '2024-03-10 02:59', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5u20p/', 'And... its still there', '1baxfhz'], ['u/Windows98Fondler', 15, '2024-03-10 03:02', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ugwn/', '$INTC 🙏💵', '1baxfhz'], ['u/YoungReese', 36, '2024-03-10 03:14', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5w47b/', 'i love how we all watching the bitcoin chart rn ![img](emote\|t5_2th52\|4271)', '1baxfhz'], ['u/Sad-Heron6289', 10, '2024-03-10 03:16', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5we1d/', 'CPI On Tuesday, breakthrough 70k if we get a good number, off to the races the rest of the week if it triggers the move', '1baxfhz'], ['u/WOTEugene', 13, '2024-03-10 03:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5wonx/', 'This is nonsense, sorry. A bunch of leveraged shorts will get liquidated then their positions auto sell so till do the same pop-drop-then-crawl up thing as it did when it hit 69 and 70.', '1baxfhz'], ['u/carsonthecarsinogen', 26, '2024-03-10 03:26', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5xqnz/', 'Everyone pray to the BTC CEO so he pumps it for us !', '1baxfhz'], ['u/Bulky_Negotiation850', 14, '2024-03-10 03:30', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ycmw/', "Think you're missing the point.\n\nGood chance Biden knows the CPI numbers or some other inside info that we're not privy to. \n\nCould be foreshadowing for Tuesday.", '1baxfhz'], ['u/AJDillonsMiddleLeg', 15, '2024-03-10 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5yt7l/', 'What do you mean "pumps back so I can exit"? Almost every single stock, index, crypto and asset are at or near all time highs. How on earth do you need a pump from here to exit whole?', '1baxfhz'], ['u/whodeyalldey1', 15, '2024-03-10 03:40', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5zo21/', 'Is this “usually” based on literally the one time in history that happened before?', '1baxfhz'], ['u/Takuma255', 14, '2024-03-10 03:41', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5zvjh/', 'LOL we\'re calling barely 1% red days "fiascos" now?? Jfc this straight up rally really has produced mass delusion that this is normal', '1baxfhz'], ['u/brudi_dutschke', 40, '2024-03-10 04:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku64s55/', 'Cause aint nothing else to watch over weekend', '1baxfhz'], ['u/verardi', 13, '2024-03-10 04:21', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6582j/', 'so buy TSM, got it!', '1baxfhz'], ['u/ZekeTarsim', 16, '2024-03-10 04:40', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku67nzn/', '72-75k this week imo.', '1baxfhz'], ['u/AutoModerator', 25, '2024-03-10 05:10', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6bg6v/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1baxfhz'], ['u/FoW_Completionist', 16, '2024-03-10 05:23', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6d1xj/', 'How to spend the Saturday evening, watching the BTC chart go up and down.', '1baxfhz'], ['u/LaykeTaco', 14, '2024-03-10 05:26', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6df4a/', 'In the middle of a down 2-3% week? It might be vulnerable to selling like any other commodity.', '1baxfhz'], ['u/OGmisterB', 20, '2024-03-10 05:44', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6fnla/', 'i’ve noticed the heavy hitters are taking profits on fridays. i make my money on SPY calls on wednesdays and thursdays.', '1baxfhz'], ['u/wolfenstein734', 26, '2024-03-10 06:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6k368/', "when bitcoin runs it's kinda invincible", '1baxfhz'], ['u/Wrong-Situation-7431', 11, '2024-03-10 06:38', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6lxl4/', 'Earnings are a literal roulette wheel.', '1baxfhz'], ['u/abclassic', 14, '2024-03-10 06:49', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6n3e5/', 'It’s written that it will see 100k in the next 6 months .. bumpy ride but I think by Friday we see 75k', '1baxfhz']]], ['u/Far_Breakfast_5808', 'That earlier post about Bitcoin being compared to cellphones got me thinking: were most Bitcoiners today even around yet when the internet was new?', 34, '2024-03-10 03:12', 'https://www.reddit.com/r/Buttcoin/comments/1bayyrl/that_earlier_post_about_bitcoin_being_compared_to/', 'Granted, I know to the answer to this is at least some of them. Some of the people in this space were born in the 1980s or early 1990s like SBF, so they were probably at least aware of the dot-com bubble. However, I\'m asking more about the general Bitcoiners, the type who would make the "people doubted the internet" argument.\n\nHere\'s the thing: do they realize how wrong their argument is? Even before the internet was created, its precursors like BBS, Usenet, and even pre-internet e-mail, people already knew they were special and would be part of the future. When internet started being popular, people were talking about it and companies were very much wanting to get into it. It even became a selling point for operating systems like Windows 95 and Windows 98, and within just a few years there were already multiple companies in the market that were gaining popularity. Most eventually failed during the dot-com bubble, but others like Google and Amazon still exist.\n\nThere\'s a major difference between the "rise" of Bitcoin and the rise of the internet. When the internet was new, even the common person already knew it was going to change their lives forever. It was already seen as a big deal, was getting mainstream attention, and was quickly embraced by the people. Sure it had its skeptics, but generally people were at least interested in the internet. It\'s not like Bitcoin, or really cryptocurrency and blockchain in general, that never got much mainstream attention until relatively recently and even then most people who heard about it didn\'t care for it.\n\nSo really, were these people who claim "the internet was doubted yet it succeeded, so will Bitcoin!" even born yet or at least around when the internet actually started getting popular?', 'https://www.reddit.com/r/Buttcoin/comments/1bayyrl/that_earlier_post_about_bitcoin_being_compared_to/', '1bayyrl', [['u/constantine882', 26, '2024-03-10 03:25', 'https://www.redd... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Jupiter Exchangeintroducesstakingandgovernancefor their token, JUP, whileJito Labsdrops themempooloffering from their product lineup, citing negative externalities toSolanausers. In theCosmos, Nim Network announces the first RollApp to deploy on theDymensionRollApp network.\nTotal Value Locked(TVL) across all chains show no signs of slowing their climb, after closing the fourth positive consecutive week asBitcoinbreaks itsall-time high. Notable outperformers to the trend includeBlur’sL2chain,Blast, and alt-L1chain,Near, which saw TVL increases of 258% and 114% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nMetaQuant covers the parallels and comparisons between the Gold ETF and the BitcoinETF, how well the Bitcoin ETFs have done and where we can expect the BTC price to move from here based on gold’s historical performance.\nLeverageprotocol,Gearbox, announces their latest product, leveragedUSDeandsUSDe, allowing depositors to take on leverage to earn up to 90x Ethena Labs’ Shards. Deposits will open on 11th March.\nOther Product Launches and Updates\n• Redacted Cartel partners up with interoperability layer, LayerZero, enabling thecross-chaintransfer of theirETHliquid staking token, pxETH, betweenArbitrum,Optimismand theBNB Smart Chain.\nStarkNet-based DeFi suite, Nostra, unveils stSTRK, aliquid stakingtoken for the STRK token. Users can now stake their STRK to receive stSTRK, which allows them to earn points on Nostra as well as claim future staking rewards when StarkNet launches their native staking mechanism.\nAstar Networkofficially launches the Astarzero-knowledgeEthereum Virtual Machine(zkEVM) chain. The chain is an Ethereum L2 built on Polygon’s chain development kit and is also the first chain to integratePolygon’s AggLayer, a layer to seamlessly connect chains together for unified liquidity.\nOther Product Launches and Updates\n• ETH-basedstablecoinprotocol,Ethena Labs integrates with modular L2, Manta Network, to bring USDe to the chain. In the same week, Ethena Labs also integrated with Cosmos-based chain,Injective.\n• The Fraxtal Bridge for Frax Finance’s L2, Fraxtal, is now live. Users can now bridge ETH,FRAX,frxETHand other assets from Ethereum to the Fraxtal mainnet.\n• Perpetualstrading platform,Kwenta, launches Perps V3, which brings to the platformUSDCsupport,cross-margin, better pricing viaPyth’soraclesand support for Coinbase’s L2,Base.\n• Cross-chaindecentralized exchange(DEX),WooFi, has been exploited on Arbitrum, via the WooFi Swap feature, resulting in $8.75 million in losses. The team has halted the product temporarily and all other products are marked as safe to use.\n• Perpetuals DEX,IntentX, releases their latest feature,stop lossand take profit orders, granting trades better control over their orders.\n• Cross-chainmoney marketplatform,Pike Finance, announces the Pike PIU Program (PPP), allowing users to earn the PIU token by lending, borrowing or holding these positions on Pike. Holding the PIU token grants benefits such as whitelist slots for the upcoming PIKE token sale among others.\n• Real-world asset(RWA)tokenizationplatform,Tangible DAO, announces the development of their very own L2, Real, a chain dedicated to RWA tokenization built on Arbitrum Orbit.\nSolanaDEX aggregator, Jupiter, launches their voting platform, enabling JUP token holders to stake their JUP tokens for voting power. Unstaking tokens will require 30 days, with decreasing voting power assigned to tokens that are unstaking. All votes will receive incentives which are derived from launchpad fees.\nSolana liquid staking protocol, Jito, suspends their mempool product offered through the Jito Block engine, in a bid to reduce the negative impact on the average Solana user due tosandwich attacksexecuted through this service.\nSolana money market platform, Kamino Finance, announces the date for their upcomingsnapshoton 31st March, with the genesis token launch coming in April. The token is expected to be utilized for governance, to determine incentive programs, revenue allocation and decisions surrounding risk management and operations.\nInjective launches inEVM, a rollup built on Injective but fully compatible with the EVM. This enables Ethereum-based developers to build applications on inEVM while leveraging the high speeds of Injective. InEVM was designed in collaboration with rollup provider Caldera, supported by Hyperlane andLayerZero.\nNIM Network, the first RollApp to launch on Dymension, introduces itself. NIM Network is a RollApp focused on the intersection of crypto and gaming, powered by Dymension and leveragingCelestiafordata availability.\nInteroperabilityinfrastructure layer, Wormhole, releases the eligibility checker for the W tokenairdrop. Users who have utilized cross-chainbridgessupported by Wormhole will be eligible for the airdrop.\nOptionand perpetuals DEX, Aevo, will be launching their token on March 13th, with an airdrop to users who qualified as part of their Farming Program which has been ongoing for the past month.\nAutomated chain deployment protocol, Saga, opens up claims for the SAGA token airdrop. Eligible users includeAvalanche, Celestia, Cosmos and Polygon stakers, as well as community participants and winners of their past game tournaments.\nGambleFi protocol, Shuffle, releases the airdrop allocation for eligible users of the SHFL airdrop. Users who have wagered on the platform since its launch will qualify for the airdrop. The token will be open for claiming after the token sale.\nAs every coin rebrands into an AI coin, Qiao Wang of AllianceDAO reminds us that while we can capitalize on and trade these worthless AI coins, we must remain aware of what game we are playing: the AI trade or thememecointrade.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, which had been a headwind, has now become a tailwind as U.S. rates and the dollar appear to have topped out and are turning lower. Additionally, as we approach key resistance levels, short-term speculative traders trying to call a top, short into these key levels and then get liquidated, causing a pseudonegative gamma effectwhich propels us higher," founders added.\nThe U.K.\'s Financial Conduct Authority on Mondayopened the doors for institutional investorsto create crypto asset-backed exchange-traded notes. TheLondon Stock Exchangelater confirmed that it would accept applications for bitcoin and ether ETNs in the second quarter of this year.\nBitcoin’s move to new peaks came even as Asian equity indices slipped, with Japan’s Nikkei and Australia’s ASX falling 2% after aReuters report saidthe Bank of Japan could lift the benchmark interest rate above zero this month.\nSome analysts havelong warnedthat BOJ is a major source of uncertainty for both traditional and crypto markets.\nThat said, the consensus is that any bitcoin dip is likely to be short-lived, thanks to the supply-demand imbalance created by the recent strong inflows into the U.S.-listed spot ETFs and the impending reward halving.\nUPDATE (March 11, 08:45 UTC): Adds quote, bullets.\nUPDATE (March 11, 08:15 UTC): Updates headline, adds details.\nUPDATE (March 11, 07:45 UTC): Updates headline and lede, adds details.', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, which had been a headwind, has now become a tailwind as U.S. rates and the dollar appear to have topped out and are turning lower. Additionally, as we approach key resistance levels, short-term speculative traders trying to call a top, short into these key levels and then get liquidated, causing a pseudonegative gamma effectwhich propels us higher," founders added.\nThe U.K.\'s Financial Conduct Authority on Mondayopened the doors for institutional investorsto create crypto asset-backed exchange-traded notes. TheLondon Stock Exchangelater confirmed that it would accept applications for bitcoin and ether ETNs in the second quarter of this year.\nBitcoin’s move to new peaks came even as Asian equity indices slipped, with Japan’s Nikkei and Australia’s ASX falling 2% after aReuters report saidthe Bank of Japan could lift the benchmark interest rate above zero this month.\nSome analysts havelong warnedthat BOJ is a major source of uncertainty for both traditional and crypto markets.\nThat said, the consensus is that any bitcoin dip is likely to be short-lived, thanks to the supply-demand imbalance created by the recent strong inflows into the U.S.-listed spot ETFs and the impending reward halving.\nUPDATE (March 11, 08:45 UTC): Adds quote, bullets.\nUPDATE (March 11, 08:15 UTC): Updates headline, adds details.\nUPDATE (March 11, 07:45 UTC): Updates headline and lede, adds details.', 'Saudi Aramco boosted its 2023 dividend by 30% despite a drop in annual net profit due to lower oil prices and output cuts.\nThe world\'s biggest oil company said profits fell 25% to $121bn (£91bn) after a record year in 2022. But the figure is still the second-highest profit ever for the Saudi state-backed company.\n“The decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins,” the company said in its filing to the Tadawul stock market.\nAramco reported in its annual accounts that dividends to shareholders increased by 30% to $97.8bn in 2023.\nThe Saudi government, which directly holds about 82.2% of Aramco, relies heavily on the oil firm\'s payouts, which also include royalties and taxes.\nRead more:FTSE 100 LIVE: European markets fall as Currys rejects takeover bid\nThe price of Brent crude, the benchmark oil price, fell from as high as nearly $120 a barrel in the middle of 2022 to as low as $67 a barrel last year.\nBitcoin hit a new record high on Monday, rising above $71,312, as the surge in the biggestcryptocurrencycontinues.\nIt adds further to a rally that has taken the cryptocurrency from less than $16,000 in late 2022 to over $71,000.\nRead more:Crypto live prices\nThe momentum continues to be driven by flows into US spot ETFs and hopes of a Federal Reserve interest rate cut.\nBitcoin was up 3% on Monday and more than 61% since the start of the year.\nUS activist investor Elliott has announced it is abandoning its attempt to take electricals retailer Currys private after having two bids rejected.\nIt had initially proposed an offer that valued the electricals chain at £700m, and then raised it to £756m.\nCurrys rejected a second indicative bid from Elliott last month, while China-based online giant JD.com (JD) has also said it is considering an offer.\nBut Currys rebuffed the approaches, stating that Elliott "significantly undervalued" the business.\nIn a statement, Elliott confirmed it is “not in an informed position to make an improved offer for Currys on the basis of the public information available to it”.\nRead more:Stocks that are trending today\nIt added: “Elliott therefore confirms it does not intend to make an offer for Currys.”\nCurrys shares dropped 7% in early trading but the FTSE 250 (^FTMC) company’s valuation remains higher than before the US investor’s initial bid.\nIts shares were trading at about 59p, up from 47p before Elliott’s first approach.\nMarks & Spencer’s added 2% after RBC Capital Markets upgraded the retailer to “outperform” from “sector perform”.\n"The M&S share price has come in 17% from recent highs, due to investor repositioning and concerns over the UK consumer and costs outlook," the bank said.\nRead more:\'Everybody said suits will be dead\': Moss CEO on heritage brand rise and customer letters\n"But there has been no great change in its strong fundamentals in our view. At 10x CY24E P/E, the shares appear to be pricing no growth, but we think M&S can deliver this with a progressive cash returns policy, thus broadening its appeal to long term investors."', 'Saudi Aramco boosted its 2023 dividend by 30% despite a drop in annual net profit due to lower oil prices and output cuts.\nThe world\'s biggest oil company said profits fell 25% to $121bn (£91bn) after a record year in 2022. But the figure is still the second-highest profit ever for the Saudi state-backed company.\n“The decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins,” the company said in its filing to the Tadawul stock market.\nAramco reported in its annual accounts that dividends to shareholders increased by 30% to $97.8bn in 2023.\nThe Saudi government, which directly holds about 82.2% of Aramco, relies heavily on the oil firm\'s payouts, which also include royalties and taxes.\nRead more:FTSE 100 LIVE: European markets fall as Currys rejects takeover bid\nThe price of Brent crude, the benchmark oil price, fell from as high as nearly $120 a barrel in the middle of 2022 to as low as $67 a barrel last year.\nBitcoin hit a new record high on Monday, rising above $71,312, as the surge in the biggestcryptocurrencycontinues.\nIt adds further to a rally that has taken the cryptocurrency from less than $16,000 in late 2022 to over $71,000.\nRead more:Crypto live prices\nThe momentum continues to be driven by flows into US spot ETFs and hopes of a Federal Reserve interest rate cut.\nBitcoin was up 3% on Monday and more than 61% since the start of the year.\nUS activist investor Elliott has announced it is abandoning its attempt to take electricals retailer Currys private after having two bids rejected.\nIt had initially proposed an offer that valued the electricals chain at £700m, and then raised it to £756m.\nCurrys rejected a second indicative bid from Elliott last month, while China-based online giant JD.com (JD) has also said it is considering an offer.\nBut Currys rebuffed the approaches, stating that Elliott "significantly undervalued" the business.\nIn a statement, Elliott confirmed it is “not in an informed position to make an improved offer for Currys on the basis of the public information available to it”.\nRead more:Stocks that are trending today\nIt added: “Elliott therefore confirms it does not intend to make an offer for Currys.”\nCurrys shares dropped 7% in early trading but the FTSE 250 (^FTMC) company’s valuation remains higher than before the US investor’s initial bid.\nIts shares were trading at about 59p, up from 47p before Elliott’s first approach.\nMarks & Spencer’s added 2% after RBC Capital Markets upgraded the retailer to “outperform” from “sector perform”.\n"The M&S share price has come in 17% from recent highs, due to investor repositioning and concerns over the UK consumer and costs outlook," the bank said.\nRead more:\'Everybody said suits will be dead\': Moss CEO on heritage brand rise and customer letters\n"But there has been no great change in its strong fundamentals in our view. At 10x CY24E P/E, the shares appear to be pricing no growth, but we think M&S can deliver this with a progressive cash returns policy, thus broadening its appeal to long term investors."', "Investors were incredibly optimistic about the prospects for some of the most speculative cryptocurrencies back in 2021. That raging bull market was propelled by the meme stock craze that also took over digital assets.\nDogecoin(CRYPTO: DOGE)benefited tremendously that year, although things have cooled down a lot since then. But even with its price being 77% off its all-time high, this token has skyrocketed almost 8,000% just in the past five years, with a particularly strong surge just in the past few days.\nWith renewed enthusiasm for Dogecoin in the last couple of weeks, is this the bestcryptocurrencyto buy with $1,000 right now?\nAlthough Dogecoin is one of the oldest cryptos out there, having been launched in 2013, it doesn't bring anything valuable to the table. In fact, the founders created the token as a joke. But it's hard to deny Dogecoin's monumental rise to become the ninth most-valuable blockchain network today, with a market cap of $24 billion.\nBack in 2021, Dogecoin caught fire because there was a lot of hype surrounding it. Notable business figures -- likeTeslafounder and Chief Executive Officer Elon Musk and Dallas Mavericks minority owner Mark Cuban -- would mention Dogecoin publicly, which would lead to huge price spikes. The EV maker and Cuban's NBA team even allow payments to be completed in Doge tokens for certain products.\nIf the only reason you're interested in buying Dogecoin is because you expect the price rise to continue, with no fundamental reasoning supporting this perspective, then this is speculative behavior that's more like gambling than true investing. It's very risky to put hard-earned savings behind this digital asset.\nThat's especially the case when you consider that only 19 active developers are working on advancing Dogecoin's functionality. Out of the top 100 cryptocurrencies for developer activity, this ranks 90th.\nIt's difficult to be optimistic about Dogecoin's prospects over the long term. I believe there's even a meaningful probability that it won't even exist a decade from now.\nIt's easy to get caught up in the hype, but it's best to remain focused on what really matters, and that's logical reasoning and a long-term mindset. With this mental framework, it's clear to me that the best cryptocurrency to buy with $1,000 isn't Dogecoin, butBitcoin(CRYPTO: BTC).\nThere's a strong argument to be made that Bitcoin solves an actual problem people face everywhere. It allows anyone to send money digitally to someone anywhere in the world directly, without the need for an intermediary.\nMoreover, Bitcoin is a new way to store value without any counterparty risk. In countries that have strict capital controls or authoritarian regimes, this is extremely valuable.\nWhereas 10,000 new Dogecoin tokens are mined every single minute, there will only ever be 21 million Bitcoin tokens in circulation. This absolute scarcity is in stark contrast to the constantly debasing fiat currencies across the globe.\nSince the start of 2023, Bitcoin's price has soared roughy 300%, and the momentum has continued so far this year. But there could be strong gains on the horizon.\nThe current value of all the world's gold is roughly $14.5 trillion.Bitcoin possesses superior propertiescompared to the precious metal. Not only that, but in a society that is becoming more digitized and internet-enabled, it's not unreasonable to assume that the crypto's current market cap of $1.3 trillion could match gold's total value one day, resulting in 1,000% upside from here.\nWith $1,000 ready to invest, there's no doubt that Bitcoin is the best crypto to buy and hold.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has adisclosure policy.\nDogecoin Has Skyrocketed 8,000% in the Last 5 Years; Is It the Best Crypto to Buy With $1,000 Right Now?was originally published by The Motley Fool", 'Coinbase(NASDAQ: COIN)is up 341% over the past year as the crypto industry made a quick recovery from 2023 lows. Now,BitcoinETFs are one of the hottest investments and Coinbase is riding the wave.\nIn this video, Travis Hoium shows why Coinbase is primed for a phenomenal 2024.\nStock prices used were end-of-day prices of March 8, 2024. The video was published on March 9, 2024.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nTravis Hoiumhas positions in Coinbase Global and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe throughtheir linkthey will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.\n1 Monster Stock Up 340% in the Past Year to Buy and Hold Long Termwas originally published by The Motley Fool', '\nStocks fall from record highs\n\nMarkets wait for U.S. CPI data on Tuesday\n\nBank of Japan could exit negative rates\n\nBitcoin hits new all-time high\n(Rewrites throughout)\nBy Elizabeth Howcroft\nLONDON, March 11 (Reuters) - European stock indexes were mostly in the red in early trading on Monday, falling from last week\'s record highs as traders grappled with uncertainty over the economic outlook and waited for U.S. inflation data later in the week.\nU.S. stocks edged down from recent highs on Friday, in a move analysts attributed to profit-taking, after U.S. payrolls data presented a mixed picture but maintained expectations for a Federal Reserve rate cut in June.\nTraders are now focused on U.S. inflation data due on Tuesday, which could change expectations for when major central banks will begin cutting rates.\nAt 0948 GMT, the MSCI World Equity index was down 0.2% on the day, having hit a new all-time high on Friday.\nThe pan-European STOXX 600, which also hit an all-time high on Friday, was down 0.5%. London\'s FTSE 100 was down 0.3% and Germany\'s DAX was down 0.7%.\nAmelie Derambure, senior multi-asset portfolio manager at Amundi, said that Monday\'s downturn could be due to uncertainty about the economic outlook, and high valuations in stocks.\n"There are some elements on the macro outlook that are maybe not as clear as one was willing to believe," she said.\nLast week, comments from Fed Chair Jerome Powell and European Central Bank policymakers raised expectations that interest rate cuts will begin in summer, helping push stock indexes to new highs.\nDerambure said there is "fatigue" in stocks, pointing to a split in the trajectories of the so-called "Magnificent Seven" group of U.S. technology stocks, which have rallied strongly in recent years. A slump in Tesla this year has seen it diverge from the group.\n"To us, there are some excesses in the markets so we want to be a bit more cautious on that front," she said.\n"We believe it\'s all priced for perfection and the reality might be slightly different."\nTuesday\'s U.S. consumer price index (CPI) report for February is forecast to rise 0.4% for the month and keep the annual pace steady at 3.1%. Core inflation is seen rising 0.3%, which will nudge the annual pace down to the lowest since early 2021 at 3.7%.\nU.S. Treasury yields have declined in recent weeks, as hopes for a rate cut put downward pressure on yields. The U.S. 10-year yield was down 3 basis points at 4.0672%.\nEuro zone government bond yields were mostly lower, with German 10-year yield steady at 2.258% after last week seeing its biggest weekly fall since December.\nThe U.S. dollar index was flat at 102.68, having dropped more than 1% last week, and the euro was steady at $1.09375.\nThe yen edged higher as Reuters reported that a growing number of Bank of Japan policymakers are warming to the idea of ending negative rates this month.\nThe dollar was down 0.4% against the yen, with the pair at 146.52.\nData released on Monday showed Japan was not in recession after economic growth was revised up to an annualised 0.4% for the December quarter.\nChinese stocks gained after data over the weekend showed a bounce in inflation. China also said it will improve home sales in a "forceful" and "orderly" way, as the country\'s beleaguered residential property market remains troubled by weak demand.\nOil prices recovered, having fallen last week due to concerns about slow demand in China. Brent futures were up 0.4% at $82.42 a barrel, while U.S. West Texas Intermediate (WTI) was up 0.35% at $78.28 a barrel.\nThe decline in the dollar and bond yields has been supportive of non-yielding gold which was up at $2,180.63 an ounce, having surged 4.5% last week to record peaks. GOL/\nCryptocurrency bitcoin hit a new all-time high at $71,836 .\n(Reporting by Elizabeth Howcroft Editing by Ros Russell)', 'Updated at 4:25 PM EDT by Rob Lenihan\nStocks finished mixed on Monday, as investors looked to a key inflation reading tomorrow following a dovish February jobs report last week.\nThe Dow Jones Industrial Average edged up 0.12% to 38,769.66, while the S&P 500 finished down 0.11% to 5,117.94 and the tech-heavy Nasdaq slipped down 0.41% to 16,019.27.\nThe February Consumer Price Index is scheduled to be release on March 12.\nBill Adams, chief economist for Comerica Bank, said the CPI index likely ran hot in February on higher gasoline prices," but core inflation likely slowed further as car prices fell and rent increases moderated."\n"Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing costs to jump after three monthly declines," Adams said.\nAdams said that retail sales likely rebounded sharply as Americans spent more at gas stations, bought more new vehicles, and increased discretionary spending on durable goods after bad weather held back spending in January.\nIndustrial production was likely flat, with milder weather helping mining but hurting utilities, he added.\nUpdated at 1:25 PM EDT\nThe Treasury sold $56 billion in new 3-year notes Monday, drawing improved demand from foreign investors and a lower overall borrowing cost.\nInvestors placed bids worth $145.6 billion for the auction, generating a bid-to-cover ratio of 2.6, modestly higher than during a similar sale last month. Foreign investors took down around 70% of the sale, a firmly higher tally than in February.\nTraders will now look to tomorrow\'s benchmark $39 billion sale of new 10-year notes, which comes just hours after the Commerce Department\'s February inflation report.\nUpdated at 12:33 PM EDT\nPresident Joe Biden unveiled his formal budget proposals for next fiscal year, following on from last week\'s State of the Union address, promising deficit reductions of around $3 trillion over the coming decade funded in part by targeted tax increases.\nThe budget plan, which has little if no chance of receiving support in Congress, would also lead to overall U.S. debt rising to as high as $45 trillion over the next ten years.\nUpdated at 11:06 AM EDT\nThe New York Fed\'s monthly survey of consumers, which includes questions ranging from job stability to price pressures, suggests a elevated level of caution heading into the spring.\nThe survey\'s benchmark inflation outlook shows no change in year-ahead CPI expectations, which held at 3%, and noted that a higher proportion of respondents are worried about keeping their jobs than at the start of the year.\nUpdated at 10:39 AM EDT\nBoeing(BA)shares fell to the lowest levels in nearly four months as safety issues linked to its workhorse 737 Max jet following a door malfunction in early January continue to weigh on the planemaker.\nBloomberg reported that Delta Air Lines DAL expects delays in a big 737 Max 10 order, which was first unveiled in July of 2022, while Alaska Airlines ALK said over the weekend it will cooperate with a U.S. Department of Justice probe into the January 5 door incident.\nA 787 Dreamliner, meanwhile, flown by Chile\'s LATAM Airlines suffered a "technical event" during a flight from Auckland, New Zealand to Sydney, Australia that reportedly injured around 50 passengers.\nBoeing shares were last marked 3.7% lower at $191.20 each, having earlier slipped to as low as $189.80 earlier in the session.\nUpdated at 9:38 EDT\nStocks are drifting lower into the opening minutes of trading, with the S&P 500 down 13 points, or 0.26%, and the Nasdaq falling 72 points, or 0.45%.\nNvidia shares are a notable downside mover, falling 2.8% to $850.44 each, following on from Friday\'s big swings, which included an 11% peak-to-trough move for the AI chipmaker that has triggered some concerns over broader market volatility.\nRelated: Is Nvidia\'s slide a sign of a market top?\nUpdated at 8:17 EDT\nBitcoin prices hit another record high Monday, and were last marked 4% higher at $71,712.80 each after topping $72,000 for the first time ever earlier in the session.\nSome of today\'s price gains could be linked to a move by MicroStrategy to buy around 12,000 bitcoin at a cost of $821.7 million\nStock Market Today\nStocks ended lower on Friday, led by a sharp decline in tech stocks amid a big intraday move from AI chipmaker Nvidia(NVDA), despite a February jobs report that suggested solid hiring gains against fading wage growth.\nThe overall reading, seen as an indicator of the potential for a soft landing in the economy later this year, stoked bets on an early-spring interest-rate cut from the Federal Reserve and lower Treasury bond yields but failed to support stocks into the close of the session.\nThe market\'s macro focus is likely to shift this week to Tuesday\'s inflation report for February, which is expected to show a further slowdown in the closely tracked core reading while indicating little change at the headline level from the 3.1% pace recorded over January.\nBenchmark 10-year Treasury note yields eased modestly into the start of the New York session, with eyes on both Tuesday\'s inflation data and a $39 billion auction of new paper set for 1 pm Eastern Time that same day.\nThe U.S. dollar index, meanwhile, was marked 0.03% lower against a basket of its global peers at 102.679, the lowest since mid-January.\nWall Street will navigate only a handful of earnings this week as the S&P 500 earnings season draws to a close. Updates are expected from database-management giant Oracle(ORCL)after the closing bell and retailer Kohl\'s(KSS), homebuilder Lennar(LEN)and graphics-software stalwart Adobe(ADBE)later in the week.\nWith 494 of the benchmark\'s 500 companies report so far, collective fourth-quarter earnings are estimated to rise 10% from a year earlier to $476.1 billion, according to LSEG data.\nThat growth rate is likely to slow sharply, however, to around 5.3% over the current quarter, drawing in share-weighted earnings of around $459.8 billion.\nWith this week\'s data on tap and a muted session of data ahead, stocks are set for a mixed open. Futures contracts tied to the S&P 500, which is up 7.47% for the year, are indicating an 18 point opening bell gain.\nFutures tied to the Dow Jones Industrial Average, meanwhile, are priced for a 130 point decline while those linked to the tech-focused Nasdaq are indicating an 82 point dip.\nIn Europe, stocks moved lower in early Frankfurt trading, with the Stoxx 600 benchmark falling 0.44%, while Britain\'s FTSE 100 slipped 0.43% in London.\nOvernight in Asia, data showing a better-than-expected revision for fourth-quarter GDP in Japan, which effectively indicated the country avoided technical recession, stoked bets on a Bank of Japan rate move. The report sent the Nikkei 225 2.19% lower to 38,820.49 points.\nAsia\'s regionwide MSCI ex-Japan index, meanwhile, was marked 0.13% lower into the close of trading.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'Updated at 4:25 PM EDT by Rob Lenihan\nStocks finished mixed on Monday, as investors looked to a key inflation reading tomorrow following a dovish February jobs report last week.\nThe Dow Jones Industrial Average edged up 0.12% to 38,769.66, while the S&P 500 finished down 0.11% to 5,117.94 and the tech-heavy Nasdaq slipped down 0.41% to 16,019.27.\nThe February Consumer Price Index is scheduled to be release on March 12.\nBill Adams, chief economist for Comerica Bank, said the CPI index likely ran hot in February on higher gasoline prices," but core inflation likely slowed further as car prices fell and rent increases moderated."\n"Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing costs to jump after three monthly declines," Adams said.\nAdams said that retail sales likely rebounded sharply as Americans spent more at gas stations, bought more new vehicles, and increased discretionary spending on durable goods after bad weather held back spending in January.\nIndustrial production was likely flat, with milder weather helping mining but hurting utilities, he added.\nUpdated at 1:25 PM EDT\nThe Treasury sold $56 billion in new 3-year notes Monday, drawing improved demand from foreign investors and a lower overall borrowing cost.\nInvestors placed bids worth $145.6 billion for the auction, generating a bid-to-cover ratio of 2.6, modestly higher than during a similar sale last month. Foreign investors took down around 70% of the sale, a firmly higher tally than in February.\nTraders will now look to tomorrow\'s benchmark $39 billion sale of new 10-year notes, which comes just hours after the Commerce Department\'s February inflation report.\nUpdated at 12:33 PM EDT\nPresident Joe Biden unveiled his formal budget proposals for next fiscal year, following on from last week\'s State of the Union address, promising deficit reductions of around $3 trillion over the coming decade funded in part by targeted tax increases.\nThe budget plan, which has little if no chance of receiving support in Congress, would also lead to overall U.S. debt rising to as high as $45 trillion over the next ten years.\nUpdated at 11:06 AM EDT\nThe New York Fed\'s monthly survey of consumers, which includes questions ranging from job stability to price pressures, suggests a elevated level of caution heading into the spring.\nThe survey\'s benchmark inflation outlook shows no change in year-ahead CPI expectations, which held at 3%, and noted that a higher proportion of respondents are worried about keeping their jobs than at the start of the year.\nUpdated at 10:39 AM EDT\nBoeing(BA)shares fell to the lowest levels in nearly four months as safety issues linked to its workhorse 737 Max jet following a door malfunction in early January continue to weigh on the planemaker.\nBloomberg reported that Delta Air Lines DAL expects delays in a big 737 Max 10 order, which was first unveiled in July of 2022, while Alaska Airlines ALK said over the weekend it will cooperate with a U.S. Department of Justice probe into the January 5 door incident.\nA 787 Dreamliner, meanwhile, flown by Chile\'s LATAM Airlines suffered a "technical event" during a flight from Auckland, New Zealand to Sydney, Australia that reportedly injured around 50 passengers.\nBoeing shares were last marked 3.7% lower at $191.20 each, having earlier slipped to as low as $189.80 earlier in the session.\nUpdated at 9:38 EDT\nStocks are drifting lower into the opening minutes of trading, with the S&P 500 down 13 points, or 0.26%, and the Nasdaq falling 72 points, or 0.45%.\nNvidia shares are a notable downside mover, falling 2.8% to $850.44 each, following on from Friday\'s big swings, which included an 11% peak-to-trough move for the AI chipmaker that has triggered some concerns over broader market volatility.\nRelated: Is Nvidia\'s slide a sign of a market top?\nUpdated at 8:17 EDT\nBitcoin prices hit another record high Monday, and were last marked 4% higher at $71,712.80 each after topping $72,000 for the first time ever earlier in the session.\nSome of today\'s price gains could be linked to a move by MicroStrategy to buy around 12,000 bitcoin at a cost of $821.7 million\nStock Market Today\nStocks ended lower on Friday, led by a sharp decline in tech stocks amid a big intraday move from AI chipmaker Nvidia(NVDA), despite a February jobs report that suggested solid hiring gains against fading wage growth.\nThe overall reading, seen as an indicator of the potential for a soft landing in the economy later this year, stoked bets on an early-spring interest-rate cut from the Federal Reserve and lower Treasury bond yields but failed to support stocks into the close of the session.\nThe market\'s macro focus is likely to shift this week to Tuesday\'s inflation report for February, which is expected to show a further slowdown in the closely tracked core reading while indicating little change at the headline level from the 3.1% pace recorded over January.\nBenchmark 10-year Treasury note yields eased modestly into the start of the New York session, with eyes on both Tuesday\'s inflation data and a $39 billion auction of new paper set for 1 pm Eastern Time that same day.\nThe U.S. dollar index, meanwhile, was marked 0.03% lower against a basket of its global peers at 102.679, the lowest since mid-January.\nWall Street will navigate only a handful of earnings this week as the S&P 500 earnings season draws to a close. Updates are expected from database-management giant Oracle(ORCL)after the closing bell and retailer Kohl\'s(KSS), homebuilder Lennar(LEN)and graphics-software stalwart Adobe(ADBE)later in the week.\nWith 494 of the benchmark\'s 500 companies report so far, collective fourth-quarter earnings are estimated to rise 10% from a year earlier to $476.1 billion, according to LSEG data.\nThat growth rate is likely to slow sharply, however, to around 5.3% over the current quarter, drawing in share-weighted earnings of around $459.8 billion.\nWith this week\'s data on tap and a muted session of data ahead, stocks are set for a mixed open. Futures contracts tied to the S&P 500, which is up 7.47% for the year, are indicating an 18 point opening bell gain.\nFutures tied to the Dow Jones Industrial Average, meanwhile, are priced for a 130 point decline while those linked to the tech-focused Nasdaq are indicating an 82 point dip.\nIn Europe, stocks moved lower in early Frankfurt trading, with the Stoxx 600 benchmark falling 0.44%, while Britain\'s FTSE 100 slipped 0.43% in London.\nOvernight in Asia, data showing a better-than-expected revision for fourth-quarter GDP in Japan, which effectively indicated the country avoided technical recession, stoked bets on a Bank of Japan rate move. The report sent the Nikkei 225 2.19% lower to 38,820.49 points.\nAsia\'s regionwide MSCI ex-Japan index, meanwhile, was marked 0.13% lower into the close of trading.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'The London Stock Exchange (LSE) hasannouncedplans to accept applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) in the second quarter of 2024. However, the exact date has yet to be confirmed.\nAccording to the LSE\'sCrypto ETN Admission Factsheet, eligible ETNs must be physically backed and non-leveraged. They must also be backed by Bitcoin or Ether and have a market price or value measure of the underlying asset that is publicly available.\nThe underlying crypto assets must be held in a cold wallet or similar storage solution, including cold staking, and by a custodian subject to Anti-Money Laundering laws in the United Kingdom, the European Union, Switzerland, or the United States.\nETNs are debt securities that provide exposure to an underlying asset. They allow investors to trade securities that track the performance of crypto assets during the exchange\'s trading hours.\nThe U.K.\'s Financial Conduct Authority (FCA) hasstatedthat it will not object to requests from Recognised Investment Exchanges (RIEs) to create a market segment for crypto-backed ETNs.\nHowever, these products can only be offered to "professional investors," such as credit institutions and investment firms. However, it will not be available to retail investors, with the statement saying:\n“The FCA continues to believe cETNs and crypto derivatives are ill-suited for retail consumers due to the harm they pose. As a result, the ban on the sale of cETNs (and crypto derivatives) to retail consumers remains in place.”\nThe FCA has also emphasized that cryptocurrencies are still deemed “high risk and largely unregulated,” and warns the public that their investments could go to zero. The UK government has recentlyramped up regulatory efforts in the crypto industry, including allowing law enforcement toseize crypto assets suspected of being involved in illicit activitieswithout a conviction.', 'The London Stock Exchange (LSE) hasannouncedplans to accept applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) in the second quarter of 2024. However, the exact date has yet to be confirmed.\nAccording to the LSE\'sCrypto ETN Admission Factsheet, eligible ETNs must be physically backed and non-leveraged. They must also be backed by Bitcoin or Ether and have a market price or value measure of the underlying asset that is publicly available.\nThe underlying crypto assets must be held in a cold wallet or similar storage solution, including cold staking, and by a custodian subject to Anti-Money Laundering laws in the United Kingdom, the European Union, Switzerland, or the United States.\nETNs are debt securities that provide exposure to an underlying asset. They allow investors to trade securities that track the performance of crypto assets during the exchange\'s trading hours.\nThe U.K.\'s Financial Conduct Authority (FCA) hasstatedthat it will not object to requests from Recognised Investment Exchanges (RIEs) to create a market segment for crypto-backed ETNs.\nHowever, these products can only be offered to "professional investors," such as credit institutions and investment firms. However, it will not be available to retail investors, with the statement saying:\n“The FCA continues to believe cETNs and crypto derivatives are ill-suited for retail consumers due to the harm they pose. As a result, the ban on the sale of cETNs (and crypto derivatives) to retail consumers remains in place.”\nThe FCA has also emphasized that cryptocurrencies are still deemed “high risk and largely unregulated,” and warns the public that their investments could go to zero. The UK government has recentlyramped up regulatory efforts in the crypto industry, including allowing law enforcement toseize crypto assets suspected of being involved in illicit activitieswithout a conviction.', 'TYSONS CORNER, Va., March 11, 2024--(BUSINESS WIRE)--MicroStrategy®Incorporated (Nasdaq: MSTR) ("MicroStrategy") today announced that, on March 8, 2024, it completed its previously announced offering of 0.625% convertible senior notes due 2030 (the "notes"). The aggregate principal amount of the notes sold in the offering was $800 million, which includes $100 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, which the initial purchasers exercised in full on March 6, 2024 and which additional purchase was also completed on March 8, 2024. The notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").\nThe notes are unsecured, senior obligations of MicroStrategy, and bear interest at a rate of 0.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2024. The notes will mature on March 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after March 22, 2027, MicroStrategy may redeem for cash all or any portion of the notes at a redemption pri Last 60 Days of Bitcoin's Closing Prices:* [46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-11 Financial & Commodity Data: - Gold Closing Price: $2182.50 - Crude Oil Closing Price: $77.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,410,981,645,031 - Hash Rate: 670577060.7929822 - Transaction Count: 394098.0 - Unique Addresses: 684136.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Niket Nishant and Pritam Biswas Feb 29 (Reuters) - Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the matter said on Thursday, highlighting the growing popularity of the asset class. The ETFs have been available to clients for weeks, the source told Reuters, coming on the heels of the Securities and Exchange Commission's (SEC) landmark approval of such investment vehicles in January. Spot bitcoin ETFs offer investors exposure to the world's largest cryptocurrency without directly holding it. After a decade-long tussle with the SEC, eleven such ETFs started trading in the United States last month. The ETFs have opened up the asset class to new investors and reignited the excitement that had evaporated when prices collapsed in the "crypto winter" of 2022. The growing popularity of such investments has even prompted some investors to swap out holdings in gold-backed ETFs. Bitcoin is often touted as the "digital gold". "We remain convinced that bitcoin is on an 18-month path to $150,000 led by unprecedented institutional adoption," Bernstein analyst Gautam Chhugani said earlier this week. Bitcoin on Wednesday hit $60,000 for the first time in more than two years. Bloomberg Law reported the news earlier in the day. Its report said Wells Fargo's brokerage division is also offering access to the ETFs. Wells Fargo did not immediately respond to a Reuters request for comment. In contrast, Vanguard — the largest provider of mutual funds — said it has no plans to make spot bitcoin ETFs available on its platform to its brokerage clients. (Reporting by Pritam Biswas and Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Thanks to the meteoric rise ofcryptocurrencies– particularly Bitcoin’s (BTC-USD) freshly inked all-time high – it was inevitable that exchange and digital wallet service Coinbase (NASDAQ:COIN) would enjoy downwind benefits. However, as its own business entity, Coinbase features its own distinct risk-reward profile. As such, a short-term trading approach may be preferable as investors ride this wave. I lean bullish on COIN stock based on the data.\nUndeniably, COIN stock has been a strong asset for bullish speculators. Since the beginning of the year, shares have gained almost 64%. Over the past 52 weeks,they gained nearly 330%, a remarkable ascent. Obviously, the optimism aligns with the underlying cryptocurrency market.\nAs an accessible platform, Coinbase is effectively the gateway for everyday investors to participate in the crypto narrative. Because of its custodial nature, the company helps to mitigate some of the harsh pain points of the crypto ecosystem, including lost passwords that have locked out people from millions of dollars worth of crypto riches.\nStill, virtual currencies suffer from an ongoing legislative question about how to regulate them. Further, crypto exchanges can just implode overnight. Without regulation, there is no protection—and that, of course, frightens prospective crypto investors. So, COIN stock offers an alternative, thanks to its general correlation with the blockchain ecosystem.\nGenerally, I believe in this narrative. However, I would also be remiss not to point out some concerns about COIN stock.\nFirst and foremost, Coinbase is its own business. And that means that even if cryptos soar to even more blistering heights, if Coinbase incurs problems unique to the organization, then COIN stock is liable to “break” the positive correlation.\nSecond,legal questionshang over the company, even if the blockchain space enjoyed a major win with the approval ofspot Bitcoin ETFs. Therefore, during some cycles, COIN stock might not reliably correlate with the crypto market.\nThird, TipRanks currently notes that itsInsider Confidence Signalsits at “negative.” Most conspicuously, Coinbase Chairman and CEO Brian Armstrong placed an Informative Sell on COIN stock last month. To be fair, executives sell their shares for a variety of reasons, many of them mundane. Nevertheless, the move may raise some ambiguity over COIN’s future trajectory.\nFor those investors who want to participate in COIN stock but are unsure about making a long-term commitment, a short-term approach may be preferable. Two main advantages exist for this line of thinking.\nFirst, traders focus on the immediate sentiment of the market without getting bogged down with wider fundamental issues. Second, the exposure is limited in case of severe volatility: this is a quick-in, quick-out approach rather than a buy-hold-hope approach.\nTo get the most out of COIN stock for short-term trading, investors may want to consider conditional probability analyses — that is, probabilities calculated on the basis of another event occurring.\nThere are many ways to approach conditional probabilities, but one that I find helpful with COIN stock is trading based on whether the opening price of a session is above or below the prior session’s closing price. Between October 2 and March 8, there have been 110 sessions, with 52 sessions seeing the opening price in the red.\nAmong the 52 sessions, 30 saw the closing price end up higher than the opening price. That means roughly 58% of the time, based on recent trading dynamics, traders can look for the buy signal (COIN stock opening lower than the prior day’s price) and potentially have better-than-coin-toss odds of winning.\nEven better, during the last five times the “opener-down, closer-up” pattern materialized, COIN stock enjoyed an average same-day return of 2.24%.\nLeveraging this information, traders can plug in key assumptions in an options calculator to determine the prospective trade’s viability. As well, they can input hypothetical downside price targets to understand the possible risks and rewards.\nAround April 19, Bitcoin will undergo what’s known as ahalving event. To make a long story short, the rewards for mining the cryptocurrency will be halved. Theoretically, this event should negatively impact supply against a hot commodity. That should be bullish on paper.\nNevertheless, there’s also the fear of “buy the rumor, sell the news.” It’s quite possible that after the halving, cryptos could sharply correct. Interestingly, the put/call volume ratio forCOIN stock optionsspiked to 3.19 for derivatives expiring on April 26.\nSo, word to the wise: the crypto market may continue to undergird an upward bias in COIN stock up until the halving. After the event, there may be some near-term choppiness or outright volatility.\nTurning to Wall Street, COIN stock has a Hold consensus rating based on nine Buys, nine Holds, and five Sell ratings. Theaverage COIN stock price targetis $182.95, implying 28% downside risk.\nWith cryptocurrencies soaring, COIN stock has ridden the sector’s coattails. The data is clear about that. However, outside fundamentals present some questions about buying and holding Coinbase shares. To mitigate these concerns, traders may consider a short-term approach by exploiting the upward bias in the security.\nDisclosure', "BEIJING (AP) — Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates.\nU.S. futures and oil prices were higher.\nJapan's Nikkei 225 lost 0.6% to 38,586.92, retreating further from its recent record highs as expectations build that the central bank will raise its negative benchmark interest rate next month.\nThat speculation has pushed the Japanese yen higher against the U.S. dollar. Early Tuesday, the dollar was trading at 147.40 yen, up from 146.95 yen. Recently the dollar was trading at about 150 yen.\nChinese markets were mixed, with Hong Kong's Hang Seng up 1.2% at 16,781.91, while the Shanghai Composite index slipped 0.4% to 3,056.35.\nElsewhere in Asia, the S&P/ASX 200 edged 0.1% higher to 7,712.20. South Korea's Kospi advanced 04% to 2,671.26.\nOn Monday, the S&P 500 slipped 0.1% to 5,117.94, remaining near its all-time high set Thursday.\nPrices have been buoyed by expectations that cuts to interest rates are coming this year and by signals that the economy remainsremarkably resilient.\nThe Dow Jones Industrial Average rose 0.1% to 38,769.66 and the Nasdaq composite fell 0.4% to 16,019.27.\nTuesday’s report on prices Americans pay could show inflation remained at 3.1% in February, if economists’ forecasts are correct.\nA month ago,a hotter-than-expected reporton inflation at the consumer level sent financial markets spinning.\nBut the trend for inflation has been mostly downward, cooling toward the Fed’s 2% target from its peak above 9%. Fed Chair Jerome Powell Jerome Powell said last weekthe Fed is “not far”from getting enough confidence about inflation to begin cutting rates. Cuts to the Fed's main interest rate, which is at its highest level since 2001, would relax pressure on the economy and financial system, while goosing investment prices.\nThe general expectation among traders is that the Fed will begin cutting rates in June.\nExpectations for easier interest rates have helped the price of gold rally to a record. When bonds pay less in interest, investors lose out on less income by owning gold instead. Gold for delivery in April ticked up by $3.10 to settle at $2,188.60 per ounce. Gold prices are up about 17% over the last 12 months.\nBitcoin, which proponents sometimes pitch as “digital gold,” also rallied to another record. It rose to nearly $73,000 after sitting below $17,000 at the start of last year. It's more than bounced back from its prior prior peak of nearly $69,000.\nOn Wall Street, Oracle rose 1.5% before it released its latest earnings report after trading finished for the day. Its profit topped analysts' expectations, and its stock rose more in afterhours trading.\nOn the losing end was natural-gas producer EQT, which sank 7.8% for the biggest drop in the S&P 500. It said it will buy Equitrans Midstream and its gas transmission and storage systems in an all-stock deal that values the combined company at $35 billion. Equitrans Midstream rose 1.5%.\nNvidia swung through a shaky day after coming off a 5.5% drop on Friday, which was its worst day since May. Nvidia is still up more than 70% this year after more than tripling last year amid a frenzy on Wall Street around artificial-intelligence technology.\nThe rally has caused Nvidia to swell in size, and it’s become the third-largest stock on Wall Street. That gives its stock movements outsized sway on the S&P 500, and it’s been getting criticism that its stock ran too high, too fast. After flipping earlier between losses and gains, Nvidia's stock dropped 2% to act as one of the heaviest weights on the S&P 500.\nRedditsaid it may raise up to $748 million through the sale of stock to investors on an exchange for the first time. The social media company expects its stock to trade under the “RDDT” ticker symbol.\nIn other trading early Tuesday, U.S. benchmark crude oil was up 15 cents at $78.08 per barrel in electronic trading on the New York Mercantile Exchange. It fell 8 cents to $77.93 per barrel on Monday.\nBrent crude, the international standard, added 18 cents to $82.39 per barrel.\nThe euro rose to $1.0938 from $1.0927.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", '• US stocks were mostly lower on Monday as investors await a key February inflation report.\n• The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates.\n• CPI year-over-year is expected to hit 3.1%, which is just above the Fed\'s long-term 2% target.\nUS stocks traded mostly lower on Monday as investors awaited the release of a key inflation report.\nThe Dow Jones Industrial Average ended with a small gain, while the Nasdaq and the S&P 500 both closed lower. Mega-cap stalwarts Nvidia and Meta Platforms both stumbled, with the chip maker closing 2% lower and the Facebook parent dropping more than 4%.\nInvestors are awaiting the consumer price index report for February, set to be released Tuesday morning, and the reading will help inform investors when the Federal Reserve might cut interest rates.\nThe median forecast suggests year-over-year CPI will hit 3.1%, which is still above the Fed\'s long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would align with the hotter-than-expected January CPI report.\n"We lean towards this being a \'hot\' CPI print, meaning the inflation for Feb core CPI likely is above the Street\'s +0.30% MoM," Fundstrat\'s Tom Lee told clients in a note on Monday.\nIf the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,117.94, down 0.11%\n• Dow Jones Industrial Average:38,769.66, up 0.12% (+46.97 points)\n• Nasdaq Composite:16,019.27, down 0.41%\nHere\'s what else is going on today:\n• Bitcoin hit a record high on Monday when it jumped above the $72,000 level.The upcoming halving event has generated excitement for the cryptocurrency.\n• Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines.\n• No interest rate cuts in 2024 wouldn\'t spell doom for the broader stock market,according to billionaire investor Ken Fisher.\n• Former President Donald Trump told CNBC on Monday that he is warming up to bitcoinand would not crack down on it if re-elected in November.\n• Moscow has offered terms on how both Russian and Western retail investors could recover investmentsfrozen since the war in Ukraine began over two years ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose by 0.17% to $78.14 a barrel.Brent crude, the international benchmark, jumped 0.44% to $82.44 a barrel.\n• Goldincreased by 0.14% to $2,188.60 per ounce.\n• The 10-year Treasury yield rose by 2 basis points to 4.10%.\n• Bitcoinjumped 4.70% to $72,267.\nRead the original article onBusiness Insider', '(Bloomberg) -- The US wants to help the Philippines double its semiconductor facilities, to lessen the geographic concentration of the global chip supply chain, Commerce Secretary Gina Raimondo said in a business forum in Manila on Tuesday.\nMost Read from Bloomberg\n• A $2 Billion Airport Will Test Modi’s Mission, Adani’s Ambitions\n• Apple Buys Canadian AI Startup as It Races to Add Features\n• Bitcoin Extends Retreat From Record as ‘Bubble’ Talk Escalates\n• Millennium Trader Scored $40 Million Windfall in Egypt FX Plunge\n• SpaceX Starship Nears Orbit, But Is Lost Before Return to Earth\nThe comments came in the wake of a Raimondo-led trade mission announcing over $1 billion in investments by US companies in the Philippines. The commerce chief, much like US Secretary of State Antony Blinken, has sought to encourage nations in Southeast Asia to deepen their investment in chipmaking and related industries, at a time when much of that business still happens in Taiwan, China and South Korea.\n“US companies have realized that our chip supply chain is way too concentrated in just a few countries in the world,” Raimondo said. “Forget about geopolitics, just at that level of concentration, you know the old adage don’t put all your eggs in one basket. Why do we allow ourselves to be buying so many of our chips from one or two countries? That’s why we need to diversify.”\nUS Will ‘Do Whatever It Takes’ to Curb China Tech, Raimondo Says\nThe Biden administration has sought to reduce the US’s reliance on just a few Asian nations for much of its chip supply, while at the same time adding sanctions to curb the advancement of China’s technological capabilities as tensions over Taiwan intensify.\nThe self-governing island that China claims as its territory — and which is home to giant Taiwan Semiconductor Manufacturing Co. — produces a lion’s share of the world’s most advanced semiconductors together with South Korea, while mainland China is a significant supplier of more mature, so-called legacy chips.\nElectronics manufacturers and chipmakers including TSMC have sought to diversify their operations to regions including North America, India and Southeast Asia. The Philippines has 13 semiconductor assembly, testing and packaging facilities and Raimondo said “let’s double it.”\nRead More: TSMC to Win More Than $5 Billion in Grants for US Chip Plant\nShe did not offer any specifics on how the US may assist in that, other than to say it would be an attractive destination for US corporate customers. The Southeast Asian nation is rich on critical minerals, she added, and businesses are looking internationally to make their supply chain more resilient.\n“There’s a moment right now in supply chain for your country, for this whole region,” Raimondo told Philippine executives. “I believe you are on top of the list.”\n--With assistance from Andreo Calonzo.\n(Updates with details about chipmaking locations starting in fourth paragraph)\nMost Read from Bloomberg Businessweek\n• America’s Plumber Deficit Isn’t Good for the Economy\n• Gold-Medalist Coders Build an AI That Can Do Their Job for Them\n• An Influential Economics Forum Has a Troubling Surplus of Trolls\n• When It Comes to Texas, Is Musk All Hat and No Cattle?\n• Make Up or Break Up: Will Trump and Musk Merge?\n©2024 Bloomberg L.P.', "Bitcoin (BTC)has rallied past its all-time highs, reaching an unprecedented $72,000 on March 11. This 9.5% surge over the past week has been volatile, marked by a 4.8% intraday jump followed by a 5.9% dip. Despite the milestone, Bitcoin bulls remain cautious due to a concerning rise in leverage through Bitcoin futures contracts.\nThe currentopen interest in Bitcoin futuressits at a staggering $35.8 billion, raising concerns about overreliance on leveraged positions. While this data reflects investor interest, it doesn't guarantee a bullish trend. However, this does signal potential volatile swings in the price of Bitcoin.\nFurthermore, the Chicago Mercantile Exchange (CME) now holds the largest share of Bitcoin futures, surpassing traditional crypto exchanges. However, this dominance wasn't present during the November 2021 peak, which was followed by a rapid 31.5% price decline. In terms of Bitcoin open interest specifically, the current figure is 27% lower than its October 2022 peak.\nDespite its limitations, the current 495,380 BTC in open interest is significant enough to trigger sharp volatility when prices fluctuate. This was evident on March 4, when a massive $325 million in leveraged positions was liquidated.", "Bitcoin (BTC)has rallied past its all-time highs, reaching an unprecedented $72,000 on March 11. This 9.5% surge over the past week has been volatile, marked by a 4.8% intraday jump followed by a 5.9% dip. Despite the milestone, Bitcoin bulls remain cautious due to a concerning rise in leverage through Bitcoin futures contracts.\nThe currentopen interest in Bitcoin futuressits at a staggering $35.8 billion, raising concerns about overreliance on leveraged positions. While this data reflects investor interest, it doesn't guarantee a bullish trend. However, this does signal potential volatile swings in the price of Bitcoin.\nFurthermore, the Chicago Mercantile Exchange (CME) now holds the largest share of Bitcoin futures, surpassing traditional crypto exchanges. However, this dominance wasn't present during the November 2021 peak, which was followed by a rapid 31.5% price decline. In terms of Bitcoin open interest specifically, the current figure is 27% lower than its October 2022 peak.\nDespite its limitations, the current 495,380 BTC in open interest is significant enough to trigger sharp volatility when prices fluctuate. This was evident on March 4, when a massive $325 million in leveraged positions was liquidated.", "Former President Donald Trump has hinted at a more favorable approach towards cryptocurrency if elected as President of the United States again. In a recentinterviewwith CNBC, Trump acknowledged the growth and potential of digital assets.\nTrump said: “I have seen there has been a lot of use of that. And I’m not sure that I’d want to take it away at this point.” While he admitted to not owning Bitcoin, he noted that he accepts Bitcoin payments for his branded sneakers. Trump's stance marks a shift from his previous skepticism during his presidency. However, he has emphasized that he is a major proponent of only one currency, which is the U.S. dollar.\nThe former president remains opposed to a U.S. central bank digital currency (CBDC), aligning with several former Republicans hopefuls, including Vivek Ramaswamy and Ron DeSantis, who have expressed support for cryptocurrency. In contrast, the Biden administration has taken a more cautious approach, with the current President mandating research on the development of this blockchain technology.\nTrump's potential stance on cryptocurrency could have significant implications for the industry, as it would signal a shift in policy from the current administration.", 'MicroStrategy\'s (MSTR) stock price is surging after the company announced it had purchased even moreBitcoin (BTC), solidifying its position as the world\'s largest corporate holder of the cryptocurrency. The stock jumped nearly 14% on Monday, reaching a high of $1,610 before settling at $1,484, ending the day at a 4% gain. MSTR gained a staggering 106% for the month.\nThis surge comes alongside Bitcoin\'s own record-breaking run, which saw the most valuable cryptocurrency hit an all-time high of $72,200. The recent purchase puts MicroStrategy\'s Bitcoin holdings above BlackRock\'s recently launched spot Bitcoin ETF, which holds 195,985 BTC. MicroStrategy now boasts a treasury of over 200,000 Bitcoins, valued at more than $14.8 billion at current prices.\nMicroStrategy co-founder Michael Saylor remains bullish on Bitcoin, calling it a "superior investment" to traditional assets like gold and equities. He believes Bitcoin\'s digital nature and 24/7 trading availability give it a significant advantage.\nSaylor, a vocal Bitcoin advocate, sees MicroStrategy as a "Bitcoin development company." He predicts Bitcoin\'s market cap will eventually surpass gold. Bitcoin’s market capitalization is currently $1.41 trillion, while gold stands at $14.69 trillion. Meanwhile, MSTR’s market cap is $25.18 billion.', 'MicroStrategy\'s (MSTR) stock price is surging after the company announced it had purchased even moreBitcoin (BTC), solidifying its position as the world\'s largest corporate holder of the cryptocurrency. The stock jumped nearly 14% on Monday, reaching a high of $1,610 before settling at $1,484, ending the day at a 4% gain. MSTR gained a staggering 106% for the month.\nThis surge comes alongside Bitcoin\'s own record-breaking run, which saw the most valuable cryptocurrency hit an all-time high of $72,200. The recent purchase puts MicroStrategy\'s Bitcoin holdings above BlackRock\'s recently launched spot Bitcoin ETF, which holds 195,985 BTC. MicroStrategy now boasts a treasury of over 200,000 Bitcoins, valued at more than $14.8 billion at current prices.\nMicroStrategy co-founder Michael Saylor remains bullish on Bitcoin, calling it a "superior investment" to traditional assets like gold and equities. He believes Bitcoin\'s digital nature and 24/7 trading availability give it a significant advantage.\nSaylor, a vocal Bitcoin advocate, sees MicroStrategy as a "Bitcoin development company." He predicts Bitcoin\'s market cap will eventually surpass gold. Bitcoin’s market capitalization is currently $1.41 trillion, while gold stands at $14.69 trillion. Meanwhile, MSTR’s market cap is $25.18 billion.', 'Thailand’s Securities and Exchange Commission (SEC) has made an exception, allowing institutional investors and very high-net-worth individuals to invest in crypto exchange-traded funds (ETFs).\nThe SEC will now allow asset managers to invest in spot bitcoin {{BTC}} ETFs on U.S. exchanges, said Pornanong Budsaratragoon, the SEC’s Secretary-General, onMonday.\nSpot bitcoin ETFs are classified as securities rather than digital assets under the SEC Act. This reclassification allows Thai securities firms to also partake in these investments. The SEC is contemplating extending this investment opportunity to individual investors in the future.\n“Asset management firms asked the SEC for them to have exposure in digital assets, especially bitcoin and spot bitcoin ETFs, but we need to consider carefully whether to allow asset management firms to invest in digital assets directly due to the high risk,” said Pornanong.\nIn January 2024, the Thai SEC stated that they did not plan to allow asset management firms to launch spot bitcoin ETFs. Until now, the regulator has required individuals to invest in digital assets only through registered local exchanges.', "Currys takeover speculation cooled today after US investment group Elliott Advisors dropped its interest.\nThe decision to walk away came as Elliott expressed frustration that it had not been able to hold talks with the board of the electricals chain.\nElsewhere today, Japan stocks fell sharply and the yen surged on speculation that the country’s central bank will soon raise interest rates.\n• Currys bidder walks away\n• Japan stocks fall on rate rise bets\n• Heathrow posts February record\nMonday 11 March 2024 16:37,Daniel O'Boyle\nMillions of Britons are about to receive increases to their benefits.\nChancellor Jeremy Hunt confirmed last November that most benefits paid by the Department for Work and Pensions (DWP) will increase for the 2024/25 financial year. The rises will be welcomed by families who are struggling to make ends meet, in light of high living costs including energy bills, which rose again in January 2024.\nThe employment and support allowance (ESA) is among the benefits increasing. According to DWP data, 23 groups of medical conditions could make people eligible to receive help. The benefit is intended to help with extra costs relating to a disability or health condition that reduces how much people can work.\nRead more here\nMonday 11 March 2024 16:36,Daniel O'Boyle\nThe FTSE 100 finished the day ahead, despite being down for almost the whole day.\nLondon’s top flight closed up 0.1% at 7,669.23.\nThe slight rise comes before some big economic data this week, starting with unemployment and earnings figures tomorrow.\nThe top risers today were Admiral and Imperial Brands. St James’s Place led the fallers.\nMonday 11 March 2024 15:37,Daniel O'Boyle\nMortgage brokers were shocked as Halifax became the fourth major mortgage lender to up interest rates today, despite relative calm in the financial markets that tend to set home loan prices.\nThe country’s biggest mortgage lender joined fellow “big six” members NatWest and Santander, as well as the Co-Operative Bank, in increasing rates. The wave of increases that shocked brokers, who say that the changes go in the opposite direction to recent movements in the market for interest rate swaps, the financial instruments usually used to price mortgages.\nSpeaking to news agency Newspage, Darryl Dhoffer, adviser at The Mortgage Expert, said: “Are we missing something here? Swap rates are reducing yet lenders are increasing mortgage rates. There's no logic to mortgage pricing right now.”\nRead more here\nMonday 11 March 2024 15:23,Daniel O'Boyle\nOfficial data published this week will offer crucial early evidence on whether the UK is on its way out of recession — and guidance for when the Bank of England might think about cutting interest rates.\nTomorrow, the Office for National Statistics will reveal the latest UK jobs data.\nThe country’s unemployment rate has remained near historic lows, even as GDP data suggests the UK entered recession at the end of last year, in an unusual divergence. But some economists and commentators have taken note of the UK’s high levels of economically inactive people, including the long-term sick, who are not counted in the unemployment rate as they are not looking for work. Rather than the normal recession pattern of many people looking for work, it has been vacancies that have been at elevated levels during the current recession.\nRead more here\nMonday 11 March 2024 14:27,Victoria Moss\nThe UK shouldn’t try to woo controversial Chinese fast-fashion giant Shein for a potential blockbuster IPO, Victoria Moss writes\nAT the Downing Street tea to mark London Fashion Week’s 40th birthday, Culture Secretary Lucy Frazer emphatically pledged the Government’s support to the industry.\nBut was her colleague Jeremy Hunt listening? In last week’s Budget, the Chancellor pointedly ignored the myriad pleas to ditch the much-loathed “tourist tax”...\nBut Jeremy Hunt does have one eye on the fashion prize. He’s currently aiming to woo hyper-fast fashion megalith Shein to a London IPO (with a potential value of $90billion) over New York.\nWhile it would be a boost to the beleaguered stock market after Brexit, the governmental paean to the Chinese retail giant is a kick in the teeth to UK-based fashion businesses\nRead more here\nMonday 11 March 2024 13:28,Jonathan Prynn\nToday two thick reports landed on the desk of Culture Secretary Lucy Frazer, one from media regulator Ofcom, the other from competition watchdog the CMA.\nOnly she and a handful of officials will know the contents of the tomes — and none of them are talking today.\nThe reports, into the RedBird IMI takeover bid for Telegraph Media Group, were originally commissioned by her in November, when she issued a Public Interest Intervention Notice into the Abu Dhabi ruling family backed offer.\nRead more here\nMonday 11 March 2024 12:58,Daniel O'Boyle\nMusic lovers have been hailing the return of vinyl for many years, claiming the warmer sound quality, the sleeve designs, even the occasional familiar scratch, make it a more enjoyable listening experience than streaming.\nNow it is official. The revival in demand for vinyl records means they are back in the basket of goods that is used by the Office for National Statistics to calculate the rate of inflation for the first time since they were supplanted by CDs and cassettes in 1992.\nVinyl sales peaked in the Eighties but fell to less than one per cent by the late Nineties before the revival began in the Noughties. It is now the most popular physical music format, with cassettes long since removed from the basket.\nRead more here\nMonday 11 March 2024 11:49,Daniel O'Boyle\nOfgem has raised concerns that net zero costs could disproportionately hit lower income customers as it announced it is to examine how to protect households against future price shocks.\nThe regulator said it remained “very concerned” that struggling households had a limited ability to cope with future price shocks.\nAt the same time, the high number of consumers who are locked into debt and repayment plans and the high cost of recovering that debt could have serious consequences for the retail energy sector, it warned.\nRead more here\nMonday 11 March 2024 10:35,Daniel O'Boyle\nTrading of crypto backed assets in London came a step closer today when UK’s financial regulator said it would “not object to requests” made by stock exchanges to list crypto asset-backed notes for trading by professional investors.\nThe Financial Conduct Authority said it would now begin reviewing applications to list the debt instruments, which it banned in 2020.\nBut the FCA said the financial products would not be available to retail customers, as they were “ill-suited… due to the harm they pose”.\nIt comes a week after the Bitcoin price broke the $69,000 record set in November 2021. The coin rose another 4% today to hit a new high of $71,682.\nMonday 11 March 2024 10:29,Daniel O'Boyle\nMore than one million complaints have been submitted by consumers over concerns they may have been overcharged car finance, raising the possibility of major compensation payouts, according to MoneySavingExpert.com.\nConsumer champion Martin Lewis said car finance mis-selling has the potential to be the “second biggest reclaim payout in UK history” after the PPI scandal.\nAbout 1.1 million complaint emails have been sent out through a free tool on the MoneySavingExpert.com website, which was founded by Mr Lewis, amounting to about 30,000 per day.\nRead more here\nMonday 11 March 2024 10:17,Graeme Evans\nStock market uncertainty in a week that features US inflation and retail figures left the FTSE 100 index 13.87 points lower at 7645.87.\nMining stocks weighed on the top flight’s performance as Rio Tinto retreated 118p to 4751.5p and Glencore lost 7.35p to 393.4p.\nAmong the risers, Marks & Spencer rallied 5.5p to 248.3p after RBC analysts upped their price target by 20p to 300p.\nThe retailer’s joint venture partner Ocado also improved 18.5p to 466.9p, while car insurer Admiral put back 90p to 2663p following heavy losses last week.\nThey were joined by Imperial Brands, which rose 47.5p to 1740p after launching the second stage of the £1.1 billion share buyback programme announced in October.\nThe FTSE 250 lost 0.3% or 55.5 points to 19,546.24, with energy stocks Tullow Oil and Harbour Energy both down 2%.\nVirgin Money also drifted further away from Nationwide’s 220p proposed takeover price, down 3p to 210.7p.\nHowever, cyber security business Darktrace maintained its recent progress by adding 9% or 35.7p to 413.1p as the best performing mid-cap stock.\nMonday 11 March 2024 09:46,Simon Hunt\nThe UK’s financial regulator edged a step forward to becoming more supportive of the crypto industry today after it said it would “not object to requests” made by stock exchanges to list cryptoasset-backed notes for trading by professional investors.\nThe Financial Conduct Authority said it would now beginning reviewing applications to list the debt instruments, which it had banned in 2020.\nBut the FCA said the financial products would not be available to retail customers, as they were “ill-suited…due to the harm they pose.”\nIt comes a week after the Bitcoin price rose to an all-time high, breaking the $69,000 record set in November 2021. The coin rose another 4% today to hit $71,750.\nMonday 11 March 2024 09:40,Daniel O'Boyle\nTake a look at today’s market snapshot, as Bitcoin tops the $71,000 mark.\nMonday 11 March 2024 08:50,Graeme Evans\nShares in Currys have fallen 9% or 5.8p to 58.7p after Elliott Advisors walked away, having been unsuccessful with an approach pitched at 67p-a-share.\nOther FTSE All-Share fallers included Vanquis Banking Group, down 38% or 47.5p to 76.7p after a strategy update scaled back 2024 profit guidance.\nThe FTSE 100 index held firm through a fall of just 3.58 points at 7656.16, while the FTSE 250 index retreated by 9.01 points to 19,592.77.\nMarks & Spencer rose 5.9p to 248.7p after RBC analysts upped their price target to 300p, while car insurer Admiral rebounded 4% or 105p to 2678p.\nMining stocks dominated the FTSE 100 fallers board, led by Rio Tinto’s decline of 87p to 4782.5p. Rolls-Royce also reversed 6.4p to 380p.\nMonday 11 March 2024 08:28,Daniel O'Boyle\nSpecialist lender Vanquis has warned over a hit to full-year profits after seeing a surge in claims over motor finance deals.\nThe group said that while it is not part of Financial Conduct Authority (FCA) investigations in motor financing, it has seen “significant levels of third-party complaint submissions”.\nIt cautioned that even though the “vast majority” of complaints are not upheld, rising costs of reviewing them will “materially” impact profits.\nShares in Vanquis are down 33% today.\nRead more here\nMonday 11 March 2024 07:58,Daniel O'Boyle\nWest End mega-landlord Shaftesbury Capital has bought some of London’s highest-footfall retail space, on James Street in Covent Garden, for £75.1 million.\nThe properties, 25-31 James Street, are located between the Covent Garden tube station and the Piazza. They include 12,000 square feet of retail space and 9,000 square feet of office and residential space.\nShaftesbury Capital, created through the merger of Shaftesbury and CapCo last year, said: “This acquisition presents asset management and rental growth opportunities as well as complementing our existing ownership on James Street, a prime retail street and key gateway into the Covent Garden Piazza.\nMonday 11 March 2024 07:30,Simon Hunt\nAIM-listed telecoms business LoopUp has become the latest firm to announce plans to depart the London stock market.\nThe multinational cloud telephony provider said it was seeking new funding but that it didn’t think the public markets would help its efforts.\nSteve Flavell and Michael Hughes, co-CEOs said: “The priority for us now is to ensure we have the right funding to continue this growth and deliver on our potential. We have exhaustively explored all options to arrive at today’s announcement, with the board unanimously concluding that this proposal to de-list and conduct a private fundraising is in the best interests of the group and of our shareholders as a whole.\n“At this stage in our growth journey, taking the business private will provide us with the flexibility to invest in our future growth, underpinned by a significant near-term cash injection that certain private investors stand ready to make and a medium-term pathway to venture and private equity sponsorship.”\nMonday 11 March 2024 07:29,Jonathan Prynn\nHeathrow had its busiest ever February last month when 5.8 passengers flew through the west London hub.\nThe figure was boosted by the extra day of the Leap Year and by a record half term getaway with two thirds of travellers heading somewhere warm during the long British winter\nHeathrow CEO, Thomas Woldbye, said:“It was wonderful to welcome so many passengers for the first holiday peak of 2024, setting a new Heathrow record.\n“While we are serving more people, visitors to the UK are spending less since the removal of tax-free shopping, impacting businesses across the country. The Spring Budget was a missed opportunity to give the whole tourism, hospitality and retail sector the support it needs to compete internationally.”\nMonday 11 March 2024 07:29,Michael Hunter\nOne of the bidders for Currys said today that it will not be bidding for the UK’s biggest electrical goods retailers.\nElliott, the US investment group, hit out at Currys board as it dropped the bid.\nCurrys became the target of a potential bid battle last month when the activist investor approached the FTSE 250 firm with a £700 million offer, priced at 62p per share\nThen Chinese retailer JD.com joined the fray, sending Currys shares sharply higher even though no price was mentioned.\nElliott said today:\n“Following multiple attempts to engage with Currys' Board, all of which were rejected, it is not in an informed position to make an improved offer for Currys on the basis of the public information available to it.\n“Elliott therefore confirms it does not intend to make an offer for Currys.”\nMonday 11 March 2024 07:24,Daniel O'Boyle\nAdTech business BidStack, once worth more than £80 million, is set to collapse into administration.\nThe business, which helped to place advertisements inside video games, has struggled in the past year amid a legal dispute with a partner and a wider downturn for any businesses in the video game sector.\nIt launched a strategic review to find extra cash last month, but said it had failed to get the funding needed.\nThe firm will suspend trading in its shares from today.\nMonday 11 March 2024 07:20,Graeme Evans\nTokyo’s Nikkei 225 slumped on Monday after GDP figures fuelled expectations that the Bank of Japan may soon end its negative interest rate policy.\nThe country’s economy avoided recession after expansion of 0.4% in 2023’s fourth quarter, compared with the previous estimate for a 0.4% contraction.\nSpeculation that this may prompt Japan’s central bank to raise interest rates as soon as this month boosted the yen and weighed on leading stocks.\nThe Nikkei traded above 40,000 for the first time last week but fell 2.2% in today’s session. Elsewhere in Asia, the Shanghai Composite rose 0.7% and Hong Kong’s Hang Seng index lifted by 1.3%.\nThe impact of Friday’s weak finish on Wall Street, amid heavy selling for shares in semiconductor giant Nvidia, means the FTSE 100 index is expected to open about 24 points lower at 7635.\nMonday 11 March 2024 06:48,Simon Hunt\nGood morning from the Standard City desk.\nIn some ways there is something almost comically haphazard about the acquisition strategy of Frasers Group, the retail giant founded by Mike Ashley and best known for Sports Direct.\nAshley, a brusque bruiser with as little interest in what the public thinks of him as he appears to have for salad, handed day-to-day control of his empire to his son-in-law Michael Murray a while ago.\nHis recent deals include the purchase of Wiggle bikes for £10million and Matches, just last year for £52 million.\nAshley appears to have a relaxed attitude to this seemingly scatter-gun approach — some deals work, some don’t — and perhaps you’d feel the same if you were worth £4 billion.\nBut after thecollapse of Matches revealed on Friday,it just looks like a bad bet. Given the state of the retail sector — online and on the high street — perhaps we should be thankful Murray has licence to play about with his father-inlaws’ money. If you are a struggling retailer — most of them are — its Frasers Group, Next, or bust.\nIt is to be hoped that Murray and Ashley keep playing retail roulette and land on a winning number once in a while. Retail entrepreneurs across the UK are counting on it.\nHere’s a summary of our other top stories from Friday:\n• More than £10 billion set to depart the London Stock Exchange in a weekafter quoted wealth manager Mattioli Woods receives £432 million takeover offer from price equity firm\n• BP hands new CEO Murray Auchincloss £8 millionafter predecessor Looney's shock exit\n• DS Smith shares lift after Mondi takeover deal agreed\n• And...How best to get long-term shareholder return? You might be better off with a woman CEO", 'For crypto investors, this might come as a surprise: Approximately one-quarter of all cryptocurrencies ranked in the top 50 by market capitalization are trading for less than $1. And that\'s despite the backdrop of a roaring crypto bull market powered byBitcoin(CRYPTO: BTC), which is hitting new all-time highs.\nWhile there might seem to be a relatively large pool of potential cryptocurrencies that could hit the $1 mark by the end of this year, there are only two that I think have a realistic shot of doing so:Cardano(CRYPTO: ADA)andXRP(CRYPTO: XRP). Both are up more than 25% over the past 30 days, and both rank among the top 10 cryptos by market cap. Let\'s take a closer look.\nThis was supposed to be the year forCardano, which is a rival toEthereum(CRYPTO: ETH)in the Layer-1 blockchain market. Essentially, anything Ethereum can offer on its core blockchain, Cardano also can. That includes everything from non-fungible tokens (NFTs) and blockchain gaming to Web3 applications anddecentralized finance(DeFi).\nBuoyed by recent successes in the DeFi market, Cardano was supposed to make a major leap forward in 2024. To some extent, that has been true. Network activity on the Cardano blockchain is showing signs of growth, and key DeFi metrics such as total value locked (TVL) are showing signs of improvement.\nThe problem, quite simply, is that Cardano had previously acquired the reputation of a blockchain where nothing much ever happens. That\'s due in part to its slow, steady, and academic approach to blockchain development, where every new update, tweak, or upgrade seems to take forever. As a result, Cardano is not on the radar of many institutional investors and has never traded higher than $3.\nBut guess what? Slow and steady might win the race. Over the past 30 days, Cardano is up 50%, and is now up 25% year to date. At its current price of $0.71, it won\'t take much to send Cardano past the $1 mark.\nXRP (formerly known as Ripple) seems to be another crypto on the verge of a major breakout. Currently trading around $0.63, it has been trading under $1 for much of the past two years.\nThe crypto briefly hit $0.95 last summer, but continues to be dogged by concerns over a still-unresolved Securities and Exchange Commission lawsuit that was filed in 2020. As long as there is no resolution on this, XRP will likely be unable to cross $1.\nBut what if there is some sort of resolution in 2024, as many are now expecting? That could be enough to send the crypto soaring. After all, it has a large and loyal investor base ("the XRP Army") that is ready to support it. A full lifting of the dark clouds currently hovering over it could open up the door to more exciting prospects.\nFor example, some investors are now speculating that XRP might get its own spot exchange-traded fund (ETF), much like the new spot Bitcoin ETFs. That sounds like a long shot to me, but if it does happen, XRP shouldn\'t have any problem surpassing $1.\nAs noted above, a whopping one-quarter of all cryptocurrencies ranked in the top 50 by market cap are trading below $1 right now. So which cryptocurrencies are not on my list? Two of them,Dogecoin(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB), are meme coins with no realistic shot at hitting $1. Dogecoin has existed for more than a decade, and has never hit this price level, so why should 2024 be any different?\nAnd then there\'s a hodgepodge of everything else. There are a couple of third-tier Layer-1 blockchains with no real chance of ever challenging leader Ethereum. There are also crypto tokens trying to leverage the hype around concepts like Web3 and artificial intelligence, a frog-themed meme coin, and a few holdovers from the previous crypto bull market.\nThat\'s why I\'ve focused on Cardano and XRP. While neither might be a household name to the average investor, they are both well-known to longtime crypto investors. More importantly, both provide real-world utility. At one time or another, both were supposed to soar in value, but have never fulfilled their early promise.\nWhile there\'s obviously significant risk in investing in any crypto trading for less than $1, Cardano and XRP are the ones that I feel most comfortable recommending to other investors.\nShould you invest $1,000 in Cardano right now?\nBefore you buy stock in Cardano, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Cardano wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin, Cardano, and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and XRP. The Motley Fool has adisclosure policy.\nA Crypto Bull Market Is Coming: 2 Cryptocurrencies That Could Hit $1 in 2024was originally published by The Motley Fool', '• The Crypto Open Patent Alliance and Craig Wright will present their closing statements in the trial to find out if Wright is Satoshi.\n• Justice James Mellor has not yet said when his decision will be out.\n• The results of the identity case against Wright could have implications on other ongoing cases.\nThis week attorneys representing bitcoin developers and the Crypto Open Patent Alliance (COPA), an organization that says it isfighting for "freedom from threats"on crypto technology, will tell a judge that Craig S. Wright is not, in fact, Bitcoin creator Satoshi Nakamoto. Wright,who declared he was Nakamoto in 2016, will close his case arguing he did create what is now the world\'s largest and most valuable cryptocurrency.\nThe closing arguments will wrap up a month-long trial brought by COPA, which seeks to prove Wright isn\'t Nakamoto and deny him the ability to claim copyrights or sue under the name Nakamoto again. If Wright succeeds, he\'ll have a huge leg up in other cases he has against exchanges Coinbase, Kraken and others.\nCOPA, which is backed by industry heavyweights like Twitter founder Jack Dorsey, Coinbase and Microstrategy, filed to take Wright to court in 2021. During the trial, which began Feb. 5, COPA\'s attorneys from the law firm Bird and Bird tried to prove that Wright forged evidence supporting his claim to be Nakamoto and that Wright did not have the knowledge or expertise to create bitcoin.\n"We got into this for developers, we want to make sure that developers feel like they can develop without being threatened for the very act of helping to improve and iterate on bitcoin," a COPA spokesperson said.\nCOPA\'s team will present its closing argument on Tuesday.\nDuring Wright\'s time on the stand so far, Wright and his supporting witnesses sharedan anecdote about a ninjaand acknowledgements that certain pieces of evidencewere edited recently.\nWright has a separate active lawsuit in the U.K. against a group of bitcoindevelopers, and has previously fought to gain sole intellectual property rights to thebitcoin whitepaper, because he believes that he is Nakamoto and that no other entity should host the paper. His team will present its closing argument on the identity case on Wednesday, and COPA will have a chance to rebut on Friday.\nRead more: Opinion \|Time to End Craig Wright’s Harassment Campaign Against Bitcoin Devs\nFebruary\'s trial is just the first part of the overall case, a COPA spokesperson told CoinDesk.\n"The first phase is, \'is Dr. Wright Satoshi Nakamoto?\' If he\'s not, then it\'s over. And maybe he could consider whether he\'s going to appeal," the spokesperson said.\nIf Wright does not mount an appeal, COPA will seek aninjunctive relief– which is a legal remedy that can require a defendant to stop doing something.\n"It would seek to stop him from claiming to be Satoshi Nakamoto again, it would seek to stop him from asserting authorship of the bitcoin white paper, and it would seek various other remedies to try and sort of avoid him continuing to wage a war of litigation against developers and individuals on the basis of him being Satoshi Nakamoto," the spokesperson said.\nIf Wright is not Nakamoto, then he does not have database rights in the bitcoin blockchain and he doesn\'t have file format rights in the bitcoin file format "and it also follows that he doesn\'t have standing to sue for… something that isn\'t his," a COPA spokesperson alleged.\nPresiding judge Justice James Mellor hastwo more cases to oversee– ones filed by Wright against several prominent crypto firms. Mellor decided to suspend those cases because their outcome depends on whether or not Wright is Satoshi, COPA said.\n"Justice Mellor recognizes there is efficiency to figuring out that identity issue first before moving forward with anything else," a COPA spokesperson said.\nOne case that’s being held up is what COPA calls the "database rights case". Wright filed a suit against crypto exchange Coinbase, Dorsey’s the Block, open-source software BTC Core and a number of other individuals, saying that he has database rights to Last 60 Days of Bitcoin's Closing Prices: [42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-12 Financial & Commodity Data: - Gold Closing Price: $2160.40 - Crude Oil Closing Price: $77.56 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,414,829,687,700 - Hash Rate: 556184503.3635911 - Transaction Count: 341867.0 - Unique Addresses: 677201.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Bitcoin fell below $40,000 for the first time since early December as enthusiasm over the launch of exchange traded funds that directly invest in the largest cryptocurrency ebbs. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom China Weighs Stock Market Rescue Package Backed by $278 Billion Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout The digital currency token fell as much as 5.3% to $39556 as of 2:42 pm in New York on Monday. Thats the lowest since Dec. 4. Smaller tokens like Ether and Solana were down 6.7% and 9.3% respectively. Digital tokens have mostly been on a downward trajectory so far this year after an intense bull-run which saw Bitcoin rising by nearly 160% in 2023, outpacing gold and stocks. Much of that rally was attributed to anticipation of the Securities and Exchange Commission approving launch of spot Bitcoin ETFs in the US. It did so on Jan. 10, allowing almost a dozen issuers to offer spot BTC ETFs. Markets started giving up some of the gains after the SECs decision as a sell-the-news trade. Read more: What Are These New Bitcoin ETFs and How Do They Work?: QuickTake The declines were in stark contrast to positive performance elsewhere, with global equities advancing on Monday. Europes STOXX index rose 0.7% while Nasdaq 100 up 0.2%, as investors remained optimistic about the US economys resilience ahead of fourth-quarter GDP data on Thursday. We are seeing weakness across all digital assets, as new ETF inflows have so far failed to offset profit-taking by speculative traders on positions put on prior to the announcement, said Caroline Mauron, chef executive of digital-asset derivatives liquidity provider Orbit Markets. While $40,000 might be an important psychological level, we dont expect a break through to trigger a cascade of liquidation here, and see the next support level around $38,000. Story continues The first week of trading for spot Bitcoin ETFs in the US saw about $6.5 billion in shares change hands, according to a Bloomberg Intelligence note on Friday, much higher than recorded in ETFs pegged to traditional assets. Market sentiment has slowed down after the ETF listings for certain, and the use of leverage continues to trend lower indicating cautious positions being opened by traders, Fadi Aboualfa, head of research at Copper Technologies Ltd., said in an email. Things are shaping up to be very interesting. --With assistance from Suvashree Ghosh. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japans Market Roars Back to LifeWith Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/InevitableNetwork230', 'Gemini to clarify return of assets and meaning of appreciation', 20, '2024-03-12 00:14', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', 'We need explanation from Gemini. Our pending balance is according to the date we moved to withdraw our funds. They do not reflect the interest that should have been paid. Genesis filled for bankruptcy on Jan 20 2023. So our pending balance should at minimum include that portion.\n\nInterest until bankruptcy \\~ 1.4% if you filled early November.\n\nAccounting to the date of this post, we should have gotten 10% interest. Gemini said the put 100M of their money, and my understanding is that Genesis is returning 100% back. We should get the interest appreciation of our funds.\n\nIt is unclear if their post mean we will get our total fund with their appreciation (1BTC -> 1BTC, 1USD -> 1USD), or we will get the total funds plus the interest appreciation (1BTC -> 1.10BTC, 1USD -> 1.10USD)', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', '1bchnh2', [['u/Business-Nail6885', 17, '2024-03-12 00:48', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kug32su/', "Whatever your pending redemption says includes any interest that you have earned. That is how much you're going to get back. They haven't mentioned anything about retro interest so I'm not expecting it. Appreciations is on your coins. If they are more valuable now than they were when they were taken hostage by Barry Shitbert and the gang, then when you get them back you can sell them for the current market price and that upside is your appreciation. No one can take that from you since we should getting reimbursed in kind. So if you have one Bitcoin coin you get .97 back in a few months and .03 back in another year.", '1bchnh2'], ['u/Anti-Hypertensive', 54, '2024-03-12 01:54', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kugdk7w/', "I'm of the mindset that we are lucky to even be getting a portion of our assets back, let alone what amounts to 100% over the next year. This is one of those situations where I just want my money back and to move on from this.", '1bchnh2']]], ['u/meowmeowdj', 'Our BTC HODL alone is now worth more than our entire market cap', 37, '2024-03-12 00:16', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', "9,110 BTC Value = $662.75 M\n\nHUT 8 Market Cap = $629.86\u202fM\u202c\n\nHODL Value = 105% of the company's value\n\nDo with this information as you please. I for one, am backing the truck up.", 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', '1bchpko', [['u/Theflyingdutchman85', 20, '2024-03-12 00:24', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kufzb2k/', 'I like the stock', '1bchpko'], ['u/Double_Flamingo_4304', 10, '2024-03-12 01:22', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kug8aty/', 'Great time to buy at current prices imo, but what the fuck do I know.', '1bchpko'], ['u/Selfadvisor2023', 13, '2024-03-12 02:30', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugjdp3/', 'The reason why hodl value > marketcap is the debt, you have to add it to the marketcap or reduce the hodl value with the debt amount. As per what I found it is arround 150millions USD, may be more and with the existing mining machines, not sure if we can have profitability. The 2 previous annoncement of 3,5 EXH in texas and closing of drumhealler site are good to stop losses. Even if they are moving existing machines that’s better than nothing and they have no choice to invest in new sites and buy ne machines in the comming months. Just my opinion, at the current price, it is the best minner to buy.', '1bchpko'], ['u/r66yprometheus', 10, '2024-03-12 02:34', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugk1u4/', "Once we see the market value of btc on our quarterly, we'll start to see some movement.", '1bchpko']]], ['u/nalydnalydnalyd', 'Are we thinking ETH will bounce off of its ATH in the same way Bitcoin did?', 26, '2024-03-12 00:17', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', 'Bitcoin hit a massive sell wall at its previous ATH and dipped around 7% shortly after last week. Is it a good possibility ETH will do the same around the $4700 mark?', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', '1bchq7f', [['u/rundown03', 11, '2024-03-12 00:38', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug1hov/', "Wait untill Dencun update hits. It's gonna go through the roof.", '1bchq7f'], ['u/Kappatalizable', 13, '2024-03-12 00:58', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug4il2/', 'People will take profits and thats expected. We might take a few tries to break it like BTC did...', '1bchq7f'], ['u/Friendly-Airline2426', 25, '2024-03-12 01:06', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug5wpu/', 'Tech upgrades rarely have a direct impact on the price, though.\n\nBut I guess there’s always a first time.', '1bchq7f']]], ['u/Infamous_Bee_7445', 'I’ve made 400k in the last week on BTC, AMA', 55, '2024-03-12 00:46', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', 'As title states, through a series of extremely fortunate trades and timing the market, I’ve turned a mere $45k into $400k+ and counting. AMA!', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', '1bcifrt', [['u/Skillet918', 18, '2024-03-12 00:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug3r1g/', 'Neat', '1bcifrt'], ['u/Jacobinister', 14, '2024-03-12 00:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4el6/', 'If after several hundreds of years of maintenance each individual piece of a ship was replaced, one after the other, is it still the same ship?', '1bcifrt'], ['u/Skillet918', 19, '2024-03-12 00:58', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4k8v/', 'lol are you for real a mod for a sub dedicated to Apple vision porn?\xa0', '1bcifrt'], ['u/i-can-sleep-for-days', 37, '2024-03-12 00:59', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4s7c/', 'So you gambled? The price didn’t go up 10x last week so you must have leveraged.\n\nThen you come here and gloat because of survivor bias? There are also lots out there that lost just as much on bitcoin then.\n\nAlso, proof or ban. \n\nAlso, unless you sold, paper gains don’t count.', '1bcifrt'], ['u/Infamous_Bee_7445', 60, '2024-03-12 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5309/', 'I leveraged yes! I was able to get 4x on coinbase by showing them equity in my family’s home. I have not been able to sell yet, due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)', '1bcifrt'], ['u/Skillet918', 57, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5lx2/', 'Damn you had me till this post, now I’m on to you.\xa0', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5ly9/', 'You put your home equity up as collateral for a leveraged market bet?\n\nIf your risk tolerance is that high you can make a lot more than 10x gains gambling on options.', '1bcifrt'], ['u/Fictional-adult', 13, '2024-03-12 01:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5qoc/', '>\xa0due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)\n\nWait, now I really can’t tell if you’re actually just making fun of crypto. Is this actually just a meta troll?', '1bcifrt'], ['u/Infamous_Bee_7445', 31, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7in5/', 'Yes my wife is upset since if it goes wrong my two young kids and her will be on the street or in a generally shittier situation if nothing else, but I’ve told her I can’t possibly stand for them to live in the world where existing fiat currencies exist I’d rather have no house lol', '1bcifrt'], ['u/Golfman74', 27, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7n11/', 'This is perhaps the funniest thing I’ve read in a while LMAO. The gloat of winning with the nervous awkwardness of the reality of not being able to access said winnings.', '1bcifrt'], ['u/muff-muncher-420', 10, '2024-03-12 01:18', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7pj2/', 'Nice. Love how you’ve rolled recent crypto events into the troll. Top shelf', '1bcifrt'], ['u/Infamous_Bee_7445', 10, '2024-03-12 01:25', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug8tfg/', 'Hi there! I think it’s important to provide evidence. Far to easy for people to make outlandish claims, so here you [go](https://images1.penguinrandomhouse.com/cover/9780593443811)', '1bcifrt'], ['u/Infamous_Bee_7445', 33, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug92w7/', 'It’s okay, coinbase support assured me the request is in their queue I have nothing to worry about!', '1bcifrt'], ['u/Infamous_Bee_7445', 28, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9807/', 'The only trolls will be those living under the bridge while us crypto billionaires are living in shelter that will exist solely for HODLERS', '1bcifrt'], ['u/TheAnalogKoala', 74, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug986r/', 'Good satire! /s is for pussies.', '1bcifrt'], ['u/SinibusUSG', 18, '2024-03-12 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9jgd/', 'Yeah, too much bait at once.\xa0', '1bcifrt'], ['u/Malfrum', 23, '2024-03-12 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9mk6/', 'A+ troll haha, well done', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugafdf/', 'Ahhh got me well played. 11/10', '1bcifrt'], ['u/Love_Sausage', 32, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugb47u/', 'I’m surprised how many heads this post went over 😂', '1bcifrt'], ['u/Infamous_Bee_7445', 11, '2024-03-12 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugbx0t/', 'I’m a family man and those days are sadly behind me. I do hire hookers out of compassion now, as they are hard working women/men, and I pay them .000001 BTC for them to watch me pee. It’s good to get the coins into broader distribution markets.', '1bcifrt'], ['u/noisheypoo', 11, '2024-03-12 02:00', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugeicf/', 'how can folks downvote this im loving it', '1bcifrt'], ['u/noisheypoo', 10, '2024-03-12 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugetsw/', "Back in the day this wouldn't have happened, I blame the young whippersnappers who've joined only in the last 5 years or so!", '1bcifrt'], ['u/Love_Sausage', 19, '2024-03-12 02:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugf5qq/', 'I don’t fully blame them. The world we now live in is so increasingly ridiculous and absurd that satire is nearly indistinguishable from truth.', '1bcifrt'], ['u/Infamous_Bee_7445', 17, '2024-03-12 03:16', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugqiv7/', 'Ok u can ask. Currently looking at YouTube vids on how to tie a noose.', '1bcifrt']]], ['u/ztrz55', 'Genuine thanks from a bitcoiner', 112, '2024-03-12 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/', "Ok. Ok. Don't just downvote me. \n\nI truly appreciate this sub for news and opinions you can't get elsewhere. \n\nThe other subs are definitely echo chambers. At least I can count on coming here and finding the worst news.", 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/', '1bcihn7', [['u/Potential-Coat-7233', 27, '2024-03-12 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug41h3/', 'Good luck out there.', '1bcihn7'], ['u/ImpressiveAd699', 27, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug5j5v/', 'You might get downvoted due to being a bitcoiner. This sub has a vast knowledge in this subject and yet you seem to wilfully participate in it, knowing all the damage it does to society. \n\nMaybe the allure of number go up is too strong or maybe you believe you can dump it on someone else before it all collapses. Either way, there is nothing of value to society. You might profit, but someone else loses and then all the other net negative of damaging our world we all live in. \n \nWhile you are here though, outside of the echo chamber, negative news isn’t the only thing you’ll find here. Enjoy the comedy godl from your delusional peers', '1bcihn7'], ['u/postmath_', 15, '2024-03-12 01:14', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug73hp/', "He is also delusional.\n\nActually those who read this sub and still don't understand crypto are the most delusional.", '1bcihn7'], ['u/greenandycanehoused', 11, '2024-03-12 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug8y2s/', 'From an article, but perfect:\n\n“Cisco therefore illustrates the defining feature of bubbles. They inflate when investors buy assets at prices that are entirely unmoored from economic fundamentals such as supply and demand or future cash flows. The question of what the asset is “worth” goes out the window; all that matters is whether it can later be sold for more. That in turn depends on how many people the speculative frenzy can pull in and how long it can last—in other words, on just how mad the crowd becomes. Once buyers run out, the craze dissipates and there is nothing holding prices up. Predicting the size of the subsequent fall is as much of a fool’s game as trying to time the top.”', '1bcihn7'], ['u/ImpressiveAd699', 11, '2024-03-12 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug9iwq/', 'We can present as many evidence backed facts as much as we want, but the emotional benefit of a potential profit will just drown it out.', '1bcihn7'], ['u/lucifer4you', 65, '2024-03-12 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugaeop/', "Yeah I've gotten some good details on various concerns I have on BTC here (specifically tether correspondence). The trick to being in this sub as a 'buttcoiner' is to not be a dick. Or a missionary. Just listen and ask questions that are legit and aren't agendized.", '1bcihn7'], ['u/itchy_buthole', 18, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugb4ub/', 'Agreed', '1bcihn7'], ['u/greenandycanehoused', 11, '2024-03-12 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugd7l8/', '“Burst and then recover”? That’s not what happened. It’s just been a pump and dump with a number of cycles, so far. We haven’t seen the bubble actually burst yet. The burst bubble part, where it truly becomes like nfts and beanie babies, that will be unmistakable', '1bcihn7'], ['u/MuckFedditRods', 19, '2024-03-12 01:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugdb9k/', "It's not really a news sub though, this is a comedy sub, you can't expect people that are here without any financial incentive to be a true counterbalance to people who have a financial incentive to speak favourly about it.", '1bcihn7'], ['u/diffident55', 13, '2024-03-12 02:42', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kuglamh/', 'Scams, ransomware, and organized crime are good for bitcoin (and society)', '1bcihn7'], ['u/LeDudeDeMontreal', 12, '2024-03-12 02:49', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugmey4/', 'Also wasting electricity, often made from non renewable green house has emitting sources, to power the most inefficient apend only list ever created.', '1bcihn7'], ['u/unmondeparfait', 12, '2024-03-12 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugmzml/', 'Not just "wasting electricity", wasting a shitload of electricity for no real reason.\n\nSatoshi was such a fucking idiot. Future of finance my ass.', '1bcihn7']]], ['u/Medium-Twist-2447', 'How do I combat the urge to put all my money into bitcoin at once?', 35, '2024-03-12 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/', "I'm feeling guilty about not putting enough money into bitcoin, and it makes me feel like I should put all my money into it as soon as possible, how do I combat this feeling?", 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/', '1bcil2l', [['u/_Rem_Lezar69_', 93, '2024-03-12 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kug49ox/', 'Go masturbate', '1bcil2l'], ['u/Pattywill', 36, '2024-03-12 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuga2xf/', 'What else is there to do for the remaining 23 hours, 59 minutes and 30 seconds left in the day?', '1bcil2l'], ['u/joel8x', 24, '2024-03-12 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugep8k/', 'Put as much as you can afford to live without.', '1bcil2l'], ['u/CupHead11011', 44, '2024-03-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kughvkl/', "You have to realize how stupid you sound. Bitcoin has been at $20000, 30000 for months and months and months. And now that it's at all time highs you want to put all of your money into it. What has changed for you, do you like just paying more to get less. It's not just with Bitcoin, this happens with all assets, people don't want this stock or that real estate until it's doubled or tripled in price now all the sudden they want it, you don't want it you want those gains that you have missed.", '1bcil2l'], ['u/wtfRMALLENBY4', 21, '2024-03-12 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuglnq8/', 'Unless of course it goes to $1,000,000.00 in three years and then your scenario isn’t helpful.', '1bcil2l'], ['u/Normal-Jelly607', 14, '2024-03-12 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugmaqq/', 'Putting all money in at 10k there would have been a good thing though?', '1bcil2l'], ['u/Miserable_Twist1', 20, '2024-03-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugneyw/', 'Staggering to see how many people think we are either near the top or late into the bull market. Usually reclaiming the last ATH is a signal that we are at the start of the bull run.\n\n\nI get it, people could have made a shit ton of money if they picked the bottom and loaded up, but no one does. The mania always picks up after the ATH and this time is no different, still plenty of room for a 3x or more depending on the level of institutional/Wall Street interest this cycle.', '1bcil2l'], ['u/theothersidex', 13, '2024-03-12 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuh1i0v/', 'This is uncharted territory. Has it ever reached an ATH this fast a month before the halving? This is just the beginning imo, and we’ll see the true ATH of this cycle about 12~16 months after the halving.', '1bcil2l']]], ['u/dwarhasbegun', 'BTC soars above record high 72k USD', 132, '2024-03-12 01:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/', "[Link to article](https://finance.yahoo.com/video/bitcoin-soars-above-record-72k-154228609.html?guccounter=1#:~:text=Bitcoin%20(BTC%2DUSD)%20breaks,Grayscale's%20Bitcoin%20Trust%20(GBTC).)\n\nThoughts?", 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/', '1bcj2jx', [['u/WarningRepulsive8013', 39, '2024-03-12 01:31', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kug9tyx/', 'Goes to show how arbitrary crypto is', '1bcj2jx'], ['u/ConstantEnigma21', 108, '2024-03-12 01:37', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugaqvr/', 'Believed in crypto when it was down, now i got my new land cruiser fully paid', '1bcj2jx'], ['u/dwarhasbegun', 21, '2024-03-12 01:45', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugc3x1/', 'Did you invest during the period of Extreme Fear? Kudos to you sir.', '1bcj2jx'], ['u/Top-Willingness6963', 17, '2024-03-12 01:57', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugdzae/', 'Except that governments have been able to confiscate it', '1bcj2jx'], ['u/HomeOwner555', 15, '2024-03-12 02:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugglxh/', 'They can seize Crypto thru a process called “forfeiture”; although they can only do this if you engage in alleged illegal activities.\n\nHo Wan Kwok being one of the more prolific that got caught. \n\nIf the government can legally confiscate your gold, land, and even money, Crypto is not an exception.\n\nI love crypto but it shouldn’t be treated like an invincible asset.', '1bcj2jx'], ['u/Akeamegi', 46, '2024-03-12 02:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kughmxe/', "not BTC, but sold my ETH after doubling my capital. After that, parang out muna ako sa crypto, it's too wild for me.", '1bcj2jx'], ['u/PompousForkHammer', 50, '2024-03-12 02:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kughpqp/', "This hahahaha! Pag nagtatanong na friends/family mo about crypto again it's time to sell na", '1bcj2jx'], ['u/wannastock', 32, '2024-03-12 04:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugygyw/', 'Bull runs will always be followed by a crash at some point. Rinse. Repeat.', '1bcj2jx'], ['u/Ok_Marketing7015', 11, '2024-03-12 04:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugzfck/', 'Never ever chase the bull', '1bcj2jx'], ['u/Super_Rawr', 12, '2024-03-12 05:21', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kuh6ydi/', 'Got some small profits as well, money is money. \nNgayon waiting game ulet kelan best time to go back in.', '1bcj2jx'], ['u/skupals', 10, '2024-03-12 10:03', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kuhvmj3/', 'Everything is arbitrary bro, even the fiat you own.', '1bcj2jx']]], ['u/NutlessButterSquash', 'No Shit Sherlock...', 48, '2024-03-12 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/', "At least they are somewhat self aware...but still a bit far from it. It's funny how I was just talking about how little the outside world cares about BTC in another post.", 'https://i.redd.it/xa8jzdrwssnc1.jpeg', '1bcjgqr', [['u/as_1089', 53, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugb1ww/', "I think a large amount of people not caring is due to the fact that cryptocurrencies are now associated with scams, and no amount of bullshit and spin about the future of money can fix that. Perhaps it's not just 'not caring' but actively wanting to avoid Bitcoin after dipping their toes in the water and nearly losing one to a pirahna.", '1bcjgqr'], ['u/noisheypoo', 38, '2024-03-12 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugdzft/', "I haven't heard anyone, not even Uber drivers, talk about crypto in the last year. Not one single utterance even from a passerby or in an area with groups of people. The only chatter about crypto is the perpetually online creepto ppl pushing their gospel.", '1bcjgqr'], ['u/ZoidsFanatic', 47, '2024-03-12 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugfqzj/', '> Knowledge of how the current system is fucking us.\n\nA.K.A “why can’t I be a billionaire by doing nothing”.\n\nThat said does our current financial system have issues? Absolutely. Would crypto fix any of them? Absolutely not. It makes things worse, in fact! But butters don’t particularly care about that fact. They just want to be the ones at the top of the financial system, not actually trying to solve anything.', '1bcjgqr'], ['u/borald_trumperson', 17, '2024-03-12 02:19', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kughlt4/', 'These guys just like, totally get Plato.', '1bcjgqr'], ['u/NarrowBat4405', 18, '2024-03-12 02:26', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugiome/', 'Crypto has been associated to scams since always, maybe because of silkroad. Since 2017 when I knew crypto the first time I heard someone say "isn\'t that the thing that\'s used only for scams"?', '1bcjgqr'], ['u/kcarmstrong', 13, '2024-03-12 03:44', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugukk4/', 'Same. You’d think that would be an obvious tell to them that the demand driving up the price isn’t really and that they are being manipulated. Unfortunately, many of them will need to learn the hard way', '1bcjgqr'], ['u/Newbrood2000', 21, '2024-03-12 06:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuhbql5/', "I think millennials and younger might know it for that but thanks to SBF and FTX now even my 70 year old parents know it's for scams because of the coverage that case got worldwide.", '1bcjgqr'], ['u/Vlad_Dracul89', 14, '2024-03-12 07:43', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuhkm8x/', 'Ah yes, classic "it\'s still early", my favourite.✌️', '1bcjgqr'], ['u/You_Paid_For_This', 15, '2024-03-12 15:24', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuiwbti/', 'All thumbs are fingers, but not all fingers are thumbs.\n\nAll poodles are dogs, not all dogs are poodles.\n\nAll bitcoin is crypto, not all crypto is bitcoin.', '1bcjgqr']]], ['u/samurai0', 'Bitcoin Super Cycle', 26, '2024-03-12 01:47', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/', "This is an update, as requested. We've now broken above the previous high at 69K and it very much looks like this is an appropriate model. The real supply/demand crunch doesn't start until the halving. Already the buy to sell pressure is roughly 10 to one, that becomes 20 to one at the halving if the pressure from the ETFs continues, and if you listen to Kathy Wood, that pressure is set to increase as well with funds only starting to be allowed to make allocations in the coming months. \n\nRetail is still missing out, and it is very large buyers who continue to move the market, interestingly in the middle of the night (US time). That being said, even if this is the super cycle I wouldn't doubt if we see a double top cycle similar to 2013 with this first parabolic move becoming unsustainable. The Pi cycle indicator was excellent at determining that top in 2013, and will be what I'm primarily using for any similar mid-cycle tops. I'd be happy to make those updates if requested. \n\nhttps://preview.redd.it/yes9etwhusnc1.png?width=3063&format=png&auto=webp&s=7abfde9715c20e70236f31154be0091600d0ce75", 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/', '1bcjtuo', [['u/speedingmedicine', 16, '2024-03-12 01:50', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugcs5s/', 'My BTC has been performing well but my MSTR holdings went parabolic.', '1bcjtuo'], ['u/samurai0', 13, '2024-03-12 01:52', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugd6gk/', 'something I found earlier today. \n\nhttps://preview.redd.it/tzc5nu5swsnc1.jpeg?width=1200&format=pjpg&auto=webp&s=ad5572f6fc440b7b63d409eaf442417450dda398', '1bcjtuo'], ['u/Norap58', 13, '2024-03-12 02:02', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugeqkm/', 'Brother, Cathy Wood😳\nSeriously', '1bcjtuo'], ['u/Lerched', 10, '2024-03-12 02:24', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugia08/', 'It’s been 1020 seconds', '1bcjtuo'], ['u/samurai0', 17, '2024-03-12 03:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugqzz8/', "here you go. First published in March 2023. The thing about stocktwits is you can't modify a post after five minutes. Keeps people honest. All of 3 likes at the time. I think I got a thousand the last time i posted it on reddit. \n\nhttps://preview.redd.it/1ia7gxt0ctnc1.png?width=1142&format=png&auto=webp&s=d97aea702ff057069f0e74042ddfe4ba5075cc12", '1bcjtuo'], ['u/samurai0', 11, '2024-03-12 03:46', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugusz2/', 'here you go. \n\nhttps://preview.redd.it/pilp65o3htnc1.jpeg?width=1142&format=pjpg&auto=webp&s=ee54d8d030eeb1dbba21ebc98f281f4b53798a7f', '1bcjtuo']]], ['u/TheBondedCourier', 'COPA vs Wright Day 20 Discussion Thread', 21, '2024-03-12 02:32', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/', "COPA will be giving their closing statements. Could some guy who was just an IT Security guy, and a bad one, could possibly have created Bitcoin? Probably not, but COPA is going to opine on the case that Craig's made using evidence his own side has agreed is fraudulent.", 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/', '1bcktd0', [['u/commandersaki', 10, '2024-03-12 11:46', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui4bu4/', 'Houghly shit.', '1bcktd0'], ['u/TheBondedCourier', 14, '2024-03-12 12:21', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui7sav/', '>To give fair warning, COPA will ask after judgment that the papers be referred to the Director of Public Prosecutions for consideration of prosecution for the \noffences of perjury and perverting the course of justice.\n\nNice', '1bcktd0'], ['u/One_2_Three', 10, '2024-03-12 12:28', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui8k8n/', "Apparently Craig is not there? I guess he doesn't need to be. There is nothing he can do at this point except practice picking up the soap in a defensive position.", '1bcktd0'], ['u/TheBondedCourier', 12, '2024-03-12 13:24', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kuiez8n/', 'r/bitcoincashsv gets a dishonourable mention in the closing statements:\n\n>Both in Wright 11 and during his cross-examination, Dr Wright has used the opportunity \nafforded by court proceedings (protected from the risk of a defamation claim) to attack \nCOPA and its members. His wild allegations, unsupported by evidence, have been \nspread by Mr Ayre’s website, Coingeek, and by the cultish followers of Dr Wright’s \nalternative cryptocurrency, BSV. They have no relevance to the Identity Issue. \nHowever, they are relevant to the relief COPA seeks, since they show Dr Wright’s \npropensity to use Court proceedings as a vehicle to attack anyone who rejects his claims', '1bcktd0']]], ['u/Sapian', "So for years I've noticed someone is buying or creating reddit accounts just to make Anti-BitcoinCash comments. But this account takes the cake.", 29, '2024-03-12 02:50', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/', 'Here\'s the proof that just yesterday this account started calling BCH a shitcoin, but a day ago it was skiing the opposite: https://imgur.com/a/fb6t9xb\n\nBut after checking their account and not even a day earlier, they were actually recommending BitcoinCash, saying \n\n"I think if you own Bitcoin you should at least own some of the better payment alternatives such as Dash, Monero, and Bitcoin Cash." \n\nAnd "Worst case scenario is a world where there\'s a need for it\'s usage. Then it would soon become clear there\'s better alternatives like Dash, Bitcoin Cash, Zec, and Monero."\n\nProof:\nhttps://imgur.com/a/tIC9S4H\n\nAnd here\'s the original thread where today the account holder deleted it after getting called out. I guess they thought deleting their account would remove their comments or that I wouldn\'t notice.\n\nhttps://www.reddit.com/r/btc/s/sEJxNkGtcc\n\nThese aren\'t normal people, these aren\'t normal accounts. I can only assume they forgot what account they were signed into, or didn\'t check the post history of the account they bought and they are almost certainly running numerous accounts. Someone is spending an incredible amount of time creating or buying accounts and fighting not just BCH but many coins challenging Bitcoin or challenging fiat.', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/', '1bcl86y', [['u/PotentialAny1869', 20, '2024-03-12 03:23', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugrhtm/', 'Nice sluething. I am bullish on BTC and even more bullish on BCH. Both are bitcoin to me and i think this run BCH will have its time in the spotlight. Just bought another 10 BCH today! \n\nKeep stacking dudes and dudettes!', '1bcl86y'], ['u/Sapian', 11, '2024-03-12 03:31', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugsq8t/', "Hey and that's reasonable. While I may hate what rBitcoin and Blockstream did to Bitcoin, it is what it is. It doesn't mean I don't hedge my bets, while still being supportive of coins like BCH taking on the fiat world. The world could really use a peer to peer electronic cash that is really cheap to use.\n\nHave you bought a pizza with crypto yet? It's actually a lot of fun to see it work as advertised.", '1bcl86y'], ['u/JoeyPeake', 18, '2024-03-12 04:07', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugxrvv/', 'BCH is the OG king crypto and it will forever be condemed becuase its not seen as much of a gold like store of value as bitcoin. The BTC maxis already bought in at 20k and dont want you to pump the real bitcoin, BCH.', '1bcl86y']]], ['u/bitcoinGPT2Bot', "I'm tired of this sub", 19, '2024-03-12 03:01', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/', 'This post is for people who are either new to the Bitcoin or crypto world. This sub is toxic and should be avoided.\n\nFor an example, the OP is a Bitcoin owner. He/she knows that Bitcoin is volatile, so he/she is trying to get his or her Bitcoins from a exchange. But here comes the toxic behavior of the users. They post in groups and start fights. No, this is not a group of Bitcoin investors. It\'s a group of people trying to cheat the system.\n\nI want to say here, "Look at all the positive posts on this subreddit! There are lots of people who are investing in Bitcoin, getting their Bitcoins and starting to use Bitcoin! If you are investing, we all need you!"\n\nNo, we do not need you. I want to say this to the people who are actually doing the thing that they are investing in.\n\nIt\'s so toxic here that a normal user, like yourself, is being treated like a scammer by some morons.\n\nI\'m sorry, but this type of behavior is not welcome. It\'s not okay to attack people in these groups. That\'s not how the Bitcoin community works.\n\nIt\'s so toxic and toxic that people are actually taking down Bitcoin websites and even deleting them. \n\nIt\'s toxic that people are trying to destroy Bitcoin and Bitcoin enthusiasts and all you do is bitch about it but do nothing about it. I\'m tired of this sub and it\'s toxic community. It\'s toxic that you guys act like you have this awesome Bitcoin community that\'s so awesome, but if you were so awesome, you wouldn\'t act like total shits.', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/', '1bclh0x', [['u/bitcoinGPT2Bot', 10, '2024-03-12 03:01', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/kugo7mf/', "I want to say something and I want to apologize, but I don't really know where to start.\n\nI'm sorry. \n\nI'm sorry for not knowing what the fuck I'm talking about.", '1bclh0x']]], ['u/MetroHelp', 'The Real Frenzy: Bitcoin at $100K', 482, '2024-03-12 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/', "If there's a great definition of a psychological level, it is 100k/Bitcoin \nOnce we go there, there's no going back. \n\nStack sats and Stay humble. \nPlan your budget. \nPlan your entry \nPlan your exit. \n\n\nLive intentionally. \n\n\n", 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/', '1bclunk', [['u/gmhiker33', 59, '2024-03-12 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugr8d4/', 'Plan your exit? That sounds like Bitcoin is a building on fire.', '1bclunk'], ['u/Ok_Juice2402', 16, '2024-03-12 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugsx3l/', 'You can do some surfin the cycle waves.', '1bclunk'], ['u/MyNi_Redux', 115, '2024-03-12 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuguo5m/', 'Indeed. Psychological levels might cause some pullback, just like the ATHs did, as old hands use that to lock in profits.\n\nBut big picture... there is the still insatiable hunger from the ETFs that will very likely ensure that 100K is just another roadbump before things go higher.', '1bclunk'], ['u/Powerful-Ad-4292', 211, '2024-03-12 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugvfjt/', 'Me, seeing it at 100k in canadian money', '1bclunk'], ['u/Financial_Design_801', 35, '2024-03-12 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugyasb/', 'Counter party risk, 24/7 365 liquidity, able to carry the asset in your head anywhere anytime', '1bclunk'], ['u/4Run4Fun', 66, '2024-03-12 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh0kmx/', 'Keep in mind that there are those of us 50+ that cannot wait for the revolution, and that must translate this bull run into a safety net for the rest of our short remaining lives. To us, the value in $$$ is all there is to be realized.', '1bclunk'], ['u/Raspberrry_Beret', 58, '2024-03-12 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh1j6m/', 'Lol right. I’m like okay so tomorrow likely?', '1bclunk'], ['u/PhillyNJMusicMan', 23, '2024-03-12 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh1w8l/', "There's no such thing as an exit, my friend. Re can be only ONE. #BTC 👍🪙😎", '1bclunk'], ['u/michaelinimoto', 22, '2024-03-12 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh2793/', 'Not get seized if something happens legally', '1bclunk'], ['u/PotentialAny1869', 13, '2024-03-12 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh2wrz/', "No, this is the cycle retail gets rekt... bigger boys will be at the table and when you sell, they buy. I wouldn't plan to sell for another 10 years.", '1bclunk'], ['u/_magician', 18, '2024-03-12 04:50', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh3a9b/', 'Exit from what?', '1bclunk'], ['u/Unairworthy', 18, '2024-03-12 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh6cx9/', 'Has to be USD because people still think USD is real money.', '1bclunk'], ['u/CaptainPugwash75', 25, '2024-03-12 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7jn2/', 'There’s nothing wrong with that, time is the only truly precious thing. Even more precious than bitcoin. (Fuck off it is ok) 🤡', '1bclunk'], ['u/BigDeezerrr', 19, '2024-03-12 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7syl/', "We hit $100k, and then I'm certain we're hitting $1mm eventually", '1bclunk'], ['u/BigDeezerrr', 19, '2024-03-12 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7yvq/', "Not gonna exit from the hardest money on earth to ever depreciating fiat. That's jumping out of the lifeboat back onto the sinking ship", '1bclunk'], ['u/PNW4LYFE', 52, '2024-03-12 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh8y72/', 'So how much did you poutine this week?', '1bclunk'], ['u/imfluke', 13, '2024-03-12 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh8z3q/', 'The same was for 10, 100, 1000 and 10,000 / Bitcoin.', '1bclunk'], ['u/ElectronicGas2978', 13, '2024-03-12 05:40', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh936g/', 'Well if you invest in BTC then you own BTC.\n\nIf you invest in the ETF you own IOUs.', '1bclunk'], ['u/OriginalPancake15', 39, '2024-03-12 05:52', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhae77/', 'Yep. 108k AUD at the moment', '1bclunk'], ['u/BigDeezerrr', 12, '2024-03-12 05:59', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhb64t/', "I'm lazy and just just buy and move to cold storage. Kudos for being able to time it right and maximize gains. I'm just not looking to be a trader.", '1bclunk'], ['u/roger-great', 13, '2024-03-12 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhbpn6/', 'Damn we buying cheep at 65.5k.', '1bclunk'], ['u/mrzennie', 13, '2024-03-12 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhcs6n/', 'I think any exit will be deeply regretted in time, though a partial exit to recoup the original investment would completely make sense.', '1bclunk'], ['u/Shiznoz222', 77, '2024-03-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhg4c1/', 'This is the top comment but still underrated. \n\nBitcoin is hope. Bitcoin is the shelter from the coming storm.', '1bclunk'], ['u/marcus_aurelius666', 25, '2024-03-12 06:54', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhgeds/', 'What is this? Bitcoin for ants?', '1bclunk'], ['u/MyNi_Redux', 11, '2024-03-12 07:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhhdhm/', 'Be careful with the casual sanctimoniousness, my friend... those who bleat "stay poor" are some of those who have lost everything because they thought they were better than everyone else.', '1bclunk'], ['u/According_Ad5882', 27, '2024-03-12 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhhkc8/', "Bitcoin doesn't need ETFs.\nETFs need Bitcoin\xa0", '1bclunk'], ['u/Aromatic_Society_593', 16, '2024-03-12 07:28', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjcgf/', 'I bought at 4k and sold some a bit ago to start my business. I still have btc and will never sell any', '1bclunk'], ['u/ZekeTarsim', 16, '2024-03-12 07:31', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjn5e/', 'Guys we are talking about real money, not Canadian or Australian funny money.\n\n(Kidding)', '1bclunk'], ['u/Nagemasu', 40, '2024-03-12 07:33', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjrjo/', "> Psychological levels might cause some pullback\n\nMany are probably too new to remember, but we used to have guaranteed pullbacks every $100, then $1000. Each one was a milestone, and each one was an easy sell target, which meant basically guaranteed dips every time. \n \nEveryone in this sub loves to scream about consistency, but only when it's positive. We have to assume we'll see a pullback at 100k. It just makes sense, and honestly it's one of the easiest targets for a quick sell high/buy low play for everyone. It doesn't have to be a lot, or last long, but it will be there. \n \nI'll be gambling on the fact that after we see 100k, we'll be revisiting the 90's.", '1bclunk'], ['u/peachfoliouser', 13, '2024-03-12 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhnc4c/', 'It will likely take a few tries to break 100K with several hefty pullbacks but it will break eventually.', '1bclunk'], ['u/Other_Antelope728', 10, '2024-03-12 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhqul4/', 'Sitting pretty at ¥10,000,000 here in Japan 😎', '1bclunk'], ['u/TechnicianRound', 13, '2024-03-12 10:20', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhx13f/', "The 90s is a very low drop if we hit a 100k. :) just ten percent. Don't you think it'll drop to 70-80k?", '1bclunk'], ['u/patchismofomo', 10, '2024-03-12 11:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui0qbt/', 'Exactly, if I\nCan retire before I die\nBitcoin will be why', '1bclunk'], ['u/Nagemasu', 13, '2024-03-12 11:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui1nwh/', 'I didn\'t say that it will only dip to the 90\'s, I just said we will revisit it in some way. I\'m not dumb enough to make claims about how much something is or isn\'t going to crash or climb. Saying "We\'ll see the 90\'s again after we see 100k" is like the least risky or bold claim ever made in crypto history.', '1bclunk'], ['u/Major-Front', 20, '2024-03-12 11:56', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui5ajp/', ">guaranteed pullbacks every $100, then $1000\n\nThat's why I've set my sell order to $999,999 and not $1m.\n\n\\taps head\\", '1bclunk'], ['u/Frogolocalypse', 10, '2024-03-12 14:08', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuiksm3/', 'Where can I subsribe to your newsletter?', '1bclunk']]], ['u/Letsgotothemovie', 'Whomever sold 200,0000 BTC to blackrock for anything less than $250,000 hasn’t been paying attention', 63, '2024-03-12 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/', 'Imagine being a seller knowing there are BILLONS of desperate dollars that have been anxiously waiting to dump their Roth IRA’s into Bitcoin and just selling for anything less than a whole lot of “get fucked, we told you, pay me bitch”. ', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/', '1bcmkaa', [['u/Icy_War_4638', 51, '2024-03-12 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kugwzkk/', 'Some peoples time is more precious than others who are waiting for a higher price.\n\nTime is money.\n\nBitcoin is time.', '1bcmkaa'], ['u/Mud_Nervous', 26, '2024-03-12 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kugxm7q/', 'Miners have bills to pay', '1bcmkaa'], ['u/mookizee', 52, '2024-03-12 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kuh1q3j/', 'I dont un... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for customers. And it has done just that with the Bitcoin Billionaire AI trading system for Spain and other Spanish-speaking countries.\n“We are the real and original creators of the completely automated bitcoin trading system powered by Artificial Intelligence,” stressed the representative for the platform. By leveraging the latest technologies, the platform has taken customers’ digital experience to the next level. Taking advantage of different cryptocurrency exchanges, the software is designed to detect opportunities for customers to purchase at low prices and sell at higher prices.\nThus the platform harnesses the benefits of new-age technology to maximize profits for customers. The sterling reviews the platform has received from customers, who have made substantial gains, are a testament to the quality of services of the platform and the benefits it offers. In fact,Bitcoin Billionaire opinionesinclude stories and narratives from customers across various backgrounds, who have benefited from the use of the system.\nOverall, the AI-powered system and its strategies ensure considerable returns for customers, and they can also accumulate significant profits from multiple successful trades. It is interesting to note that the platform offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, Ripple, and more. Customers can also rely on its solid client support team, which answers any queries they might have.\nTo learn more about the platform and its AI-powered trading system, visithttps://bitcoinbillionaire.es/.\nAboutBitcoin Billionaire S.L.\nWith the aim of facilitating access to cryptocurrencies, the platform has earned the trust of customers by offering them cutting-edge tools and insights required to operate successfully in the market.\n###\nMedia Contact\nBitcoin Billionaire S.L.\nAddress: La Fontanilla, 56, 14445 Cardeña, Espana\nPhone: +34791874578\nWebsite:https://bitcoinbillionaire.es/\nDisclaimer:\nThis press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.\nAttachment\n• Bitcoin Billionaire Launches AI Trading System for Spain', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for customers. And it has done just that with the Bitcoin Billionaire AI trading system for Spain and other Spanish-speaking countries.\n“We are the real and original creators of the completely automated bitcoin trading system powered by Artificial Intelligence,” stressed the representative for the platform. By leveraging the latest technologies, the platform has taken customers’ digital experience to the next level. Taking advantage of different cryptocurrency exchanges, the software is designed to detect opportunities for customers to purchase at low prices and sell at higher prices.\nThus the platform harnesses the benefits of new-age technology to maximize profits for customers. The sterling reviews the platform has received from customers, who have made substantial gains, are a testament to the quality of services of the platform and the benefits it offers. In fact,Bitcoin Billionaire opinionesinclude stories and narratives from customers across various backgrounds, who have benefited from the use of the system.\nOverall, the AI-powered system and its strategies ensure considerable returns for customers, and they can also accumulate significant profits from multiple successful trades. It is interesting to note that the platform offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, Ripple, and more. Customers can also rely on its solid client support team, which answers any queries they might have.\nTo learn more about the platform and its AI-powered trading system, visithttps://bitcoinbillionaire.es/.\nAboutBitcoin Billionaire S.L.\nWith the aim of facilitating access to cryptocurrencies, the platform has earned the trust of customers by offering them cutting-edge tools and insights required to operate successfully in the market.\n###\nMedia Contact\nBitcoin Billionaire S.L.\nAddress: La Fontanilla, 56, 14445 Cardeña, Espana\nPhone: +34791874578\nWebsite:https://bitcoinbillionaire.es/\nDisclaimer:\nThis press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.\nAttachment\n• Bitcoin Billionaire Launches AI Trading System for Spain', "Bitcoin (BTC)prices dipped after hotter-than-expected inflation data from the US sparked concerns about delayed interest rate cuts from the Federal Reserve. The leading cryptocurrency fell as much as 5% after reaching a new all-time high of $73,005 on Tuesday, before recovering slightly to trade above $71,000. The February Consumer Price Index (CPI) reportshowedinflation remained stubbornly high at 0.4%, exceeding analyst predictions. This pushed the year-on-year inflation rate to 3.2%, higher than the estimated 3.1%, further dampening hopes of an imminent rate cut.\nMarket participants are now placing a 1% chance of the Fed lowering rates in March, compared to 15% just a month ago. Instead, expectations shifted towards the possibility of the Fed holding rates steady in the first half of 2024, with a potential cut only coming in June or later.\nWhile inflation concerns triggered a sell-off, ongoing inflows into spot Bitcoin ETFs helped mitigate the losses. These inflows, totaling around $3.68 billion over the past week, provided some support for the cryptocurrency's price. Notably, Blackrock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund continue to lead the pack, holding $14.76 billion and $9.26 billion worth of Bitcoin respectively.\nThe fight against inflation appears to be far from over. With the possible delay in rate cuts from the Federal Reserve, its impact on Bitcoin's price and the wider crypto markets is still uncertain.", "Bitcoin (BTC)prices dipped after hotter-than-expected inflation data from the US sparked concerns about delayed interest rate cuts from the Federal Reserve. The leading cryptocurrency fell as much as 5% after reaching a new all-time high of $73,005 on Tuesday, before recovering slightly to trade above $71,000. The February Consumer Price Index (CPI) reportshowedinflation remained stubbornly high at 0.4%, exceeding analyst predictions. This pushed the year-on-year inflation rate to 3.2%, higher than the estimated 3.1%, further dampening hopes of an imminent rate cut.\nMarket participants are now placing a 1% chance of the Fed lowering rates in March, compared to 15% just a month ago. Instead, expectations shifted towards the possibility of the Fed holding rates steady in the first half of 2024, with a potential cut only coming in June or later.\nWhile inflation concerns triggered a sell-off, ongoing inflows into spot Bitcoin ETFs helped mitigate the losses. These inflows, totaling around $3.68 billion over the past week, provided some support for the cryptocurrency's price. Notably, Blackrock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund continue to lead the pack, holding $14.76 billion and $9.26 billion worth of Bitcoin respectively.\nThe fight against inflation appears to be far from over. With the possible delay in rate cuts from the Federal Reserve, its impact on Bitcoin's price and the wider crypto markets is still uncertain.", "Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high.\nConvertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth.\nThis move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury.\nCoinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.", "Bitcoin (BTC)miners are reaping record profits, with daily mining rewards reaching a record-breaking $78.89 million on March 11, according to data from Blockchain.com. This surpasses the previous high of $74.4 million set in October 2021. The surge in miner revenue coincides with Bitcoin's own record-breaking run. The leading cryptocurrency recently hit an all-time high of $72,953 on March 12.\nTransaction fees, along with block rewards, contribute to miner revenue. Currently, miners receive 6.25 BTC for every successful block created. The recent uptick in transactions translates to more rewards for miners who secure the network. The Bitcoin hash rate, a measure of the network's processing power, recently reached an all-time high of 676 exahashes per second (EH/s) in February. Despite a slight dip, the hash rate remains significantly higher than last year.\nHowever, with the upcoming Bitcoin halving event in April, some miners are taking precautions. The halving will cut block rewards in half, from 6.25 BTC to 3.125 BTC. To offset this decrease, some miners are reinvesting their profits in additional mining equipment, according to a Bloomberg report. Data suggests major mining firms have purchased over $1 billion worth of rigs in the past month.\nOn-chain data from Glassnode indicates that miners are also selling some of their Bitcoin holdings, potentially to prepare for the halving or capitalize on the recent price surge. This selling activity is considered normal within a bull market, especially considering the record transaction volume pushing more Bitcoin onto the market.", "Bitcoin (BTC)miners are reaping record profits, with daily mining rewards reaching a record-breaking $78.89 million on March 11, according to data from Blockchain.com. This surpasses the previous high of $74.4 million set in October 2021. The surge in miner revenue coincides with Bitcoin's own record-breaking run. The leading cryptocurrency recently hit an all-time high of $72,953 on March 12.\nTransaction fees, along with block rewards, contribute to miner revenue. Currently, miners receive 6.25 BTC for every successful block created. The recent uptick in transactions translates to more rewards for miners who secure the network. The Bitcoin hash rate, a measure of the network's processing power, recently reached an all-time high of 676 exahashes per second (EH/s) in February. Despite a slight dip, the hash rate remains significantly higher than last year.\nHowever, with the upcoming Bitcoin halving event in April, some miners are taking precautions. The halving will cut block rewards in half, from 6.25 BTC to 3.125 BTC. To offset this decrease, some miners are reinvesting their profits in additional mining equipment, according to a Bloomberg report. Data suggests major mining firms have purchased over $1 billion worth of rigs in the past month.\nOn-chain data from Glassnode indicates that miners are also selling some of their Bitcoin holdings, potentially to prepare for the halving or capitalize on the recent price surge. This selling activity is considered normal within a bull market, especially considering the record transaction volume pushing more Bitcoin onto the market.", 'During the first three months of 2024, crypto traders have been utterly transfixed by the drama ofBitcoin(CRYPTO: BTC)decisively smashing through its former all-time-high of $69,000. Now trading just north of $72,000, Bitcoin has the attention of all investors, who are wondering just how much higher it might go this year.\nThe good news is that any bull market rally for Bitcoin tends to lift the fortunes of all cryptocurrencies. It\'s a classic case of a rising tide lifting all boats, and that\'s exactly what seems to be happening now. Bitcoin may be up 70% for the year, but a growing number of cryptocurrencies are now up triple digits for the year. Let\'s take a closer look at why that\'s happening and how sustainable the rally in other cryptocurrencies might be.\nFor crypto investors, one of the most highly anticipated periods of any sustained Bitcoin rally is known as "altcoinseason." This is the time of the market cycle when low market cap (and often highly speculative) cryptocurrencies gain favor with investors and really take off. In fact, many of them can outperform Bitcoin during this period, and so there\'s a mad scramble at the outset to find the altcoins with the highest upside potential.\nThe only problem, of course, is that there is no universally accepted metric, statistic, or indicator to suggest when "altcoin season" has started. It\'s not like the start of Spring, for example, when everyone agrees that the vernal equinox is the official start of the season. Instead, crypto investors rely on a complicated set of signals to tell them when altcoin season has started.\nOne of the most important of these signals is known as Bitcoin dominance. To calculate this value, all you do is take Bitcoin\'s market cap and divide it by the total market cap of the crypto market. This will tell you how "dominant" Bitcoin is at any point in time. Generally speaking, Bitcoin dominance will rise anytime Bitcoin is soaring in price and fall anytime Bitcoin is declining in price. If you check out the TradingView chart below, it\'s easy to see how Bitcoin dominance has been on the rise since late 2022.\nBitcoin now accounts for nearly 55% of total crypto market cap, up from 40% in November 2022. This makes a lot of sense, right? Bitcoin skyrocketed by 150% last year and is up 70% this year. As a result, Bitcoin\'s market cap is surging, and it is becoming more dominant.\nHowever, if Bitcoin dominance rises too high, then the market will typically adjust, and investors will start to cycle into other cryptos. Some do it for portfolio diversification purposes. Some do it to lock in their profits on Bitcoin. And others do it out of pure greed: whenever they see that the price of Bitcoin is starting to stabilize at a certain level, they start to seek out higher returns elsewhere.\nGiven that Bitcoin dominance nearly reached 70% during the last Bitcoin bull market, and we\'re only at 55% right now, we might still have time before the official start of altcoin season. However, if you think altcoin season is going to start early this year, the big question becomes: Which cryptos are most likely to benefit?\nThus far in 2024, the answer has been AI crypto tokens. Given all the hype aroundNvidia,artificial intelligence, and ChatGPT, any crypto token even tangentially related to AI seems to be up triple digits for the year. For example,Fetch.ai(CRYPTO: FET)is up 300% in just the past two months.\nAs altcoin season expands, it\'s only natural that investors will seek to widen their nets. Some will look for cryptocurrencies most likely to get their own spot ETFs, just like Bitcoin. This is a relatively limited set of cryptos, so others will look for hot tech sectors ready to explode. For example, some investors think that quantum computing has the potential to become the next AI. If so, it means that any crypto tokens related to quantum computing could take off.\nThat being said, things can get incredibly dicey once you start diversifying beyond Bitcoin. Historically, altcoin season in the crypto market becomes so speculative, so frothy, and so filled with the fear of missing out (FOMO) that the whole thing collapses. That\'s exactly what we saw with the last crypto bull market rally, and it wouldn\'t surprise me if the same thing happens again within the next 24 months.\nSo, for now, the best option might just be to make Bitcoin the centerpiece of your crypto portfolio. For added diversification, you can invest in large market cap cryptocurrencies such asEthereum(CRYPTO: ETH)that have stood the test of time. Sure, you might give up some short-term gains by not investing in more speculative low cap crypto tokens, but you can also sleep a lot easier at night. What matters is your performance over the long haul, not during a particular season of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Fetch, and Nvidia. The Motley Fool has adisclosure policy.\nBitcoin Just Hit a New All-Time-High. Here\'s What That Could Mean for Other Cryptocurrencies.was originally published by The Motley Fool', 'During the first three months of 2024, crypto traders have been utterly transfixed by the drama ofBitcoin(CRYPTO: BTC)decisively smashing through its former all-time-high of $69,000. Now trading just north of $72,000, Bitcoin has the attention of all investors, who are wondering just how much higher it might go this year.\nThe good news is that any bull market rally for Bitcoin tends to lift the fortunes of all cryptocurrencies. It\'s a classic case of a rising tide lifting all boats, and that\'s exactly what seems to be happening now. Bitcoin may be up 70% for the year, but a growing number of cryptocurrencies are now up triple digits for the year. Let\'s take a closer look at why that\'s happening and how sustainable the rally in other cryptocurrencies might be.\nFor crypto investors, one of the most highly anticipated periods of any sustained Bitcoin rally is known as "altcoinseason." This is the time of the market cycle when low market cap (and often highly speculative) cryptocurrencies gain favor with investors and really take off. In fact, many of them can outperform Bitcoin during this period, and so there\'s a mad scramble at the outset to find the altcoins with the highest upside potential.\nThe only problem, of course, is that there is no universally accepted metric, statistic, or indicator to suggest when "altcoin season" has started. It\'s not like the start of Spring, for example, when everyone agrees that the vernal equinox is the official start of the season. Instead, crypto investors rely on a complicated set of signals to tell them when altcoin season has started.\nOne of the most important of these signals is known as Bitcoin dominance. To calculate this value, all you do is take Bitcoin\'s market cap and divide it by the total market cap of the crypto market. This will tell you how "dominant" Bitcoin is at any point in time. Generally speaking, Bitcoin dominance will rise anytime Bitcoin is soaring in price and fall anytime Bitcoin is declining in price. If you check out the TradingView chart below, it\'s easy to see how Bitcoin dominance has been on the rise since late 2022.\nBitcoin now accounts for nearly 55% of total crypto market cap, up from 40% in November 2022. This makes a lot of sense, right? Bitcoin skyrocketed by 150% last year and is up 70% this year. As a result, Bitcoin\'s market cap is surging, and it is becoming more dominant.\nHowever, if Bitcoin dominance rises too high, then the market will typically adjust, and investors will start to cycle into other cryptos. Some do it for portfolio diversification purposes. Some do it to lock in their profits on Bitcoin. And others do it out of pure greed: whenever they see that the price of Bitcoin is starting to stabilize at a certain level, they start to seek out higher returns elsewhere.\nGiven that Bitcoin dominance nearly reached 70% during the last Bitcoin bull market, and we\'re only at 55% right now, we might still have time before the official start of altcoin season. However, if you think altcoin season is going to start early this year, the big question becomes: Which cryptos are most likely to benefit?\nThus far in 2024, the answer has been AI crypto tokens. Given all the hype aroundNvidia,artificial intelligence, and ChatGPT, any crypto token even tangentially related to AI seems to be up triple digits for the year. For example,Fetch.ai(CRYPTO: FET)is up 300% in just the past two months.\nAs altcoin season expands, it\'s only natural that investors will seek to widen their nets. Some will look for cryptocurrencies most likely to get their own spot ETFs, just like Bitcoin. This is a relatively limited set of cryptos, so others will look for hot tech sectors ready to explode. For example, some investors think that quantum computing has the potential to become the next AI. If so, it means that any crypto tokens related to quantum computing could take off.\nThat being said, things can get incredibly dicey once you start diversifying beyond Bitcoin. Historically, altcoin season in the crypto market becomes so speculative, so frothy, and so filled with the fear of missing out (FOMO) that the whole thing collapses. That\'s exactly what we saw with the last crypto bull market rally, and it wouldn\'t surprise me if the same thing happens again within the next 24 months.\nSo, for now, the best option might just be to make Bitcoin the centerpiece of your crypto portfolio. For added diversification, you can invest in large market cap cryptocurrencies such asEthereum(CRYPTO: ETH)that have stood the test of time. Sure, you might give up some short-term gains by not investing in more speculative low cap crypto tokens, but you can also sleep a lot easier at night. What matters is your performance over the long haul, not during a particular season of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Fetch, and Nvidia. The Motley Fool has adisclosure policy.\nBitcoin Just Hit a New All-Time-High. Here\'s What That Could Mean for Other Cryptocurrencies.was originally published by The Motley Fool', 'A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered on regardless to record closing highs - either ignoring the readout, or perhaps even thriving on it.\nWhile economists sliced and diced the slightly hotter-than-expected consumer price report for February, there was little doubt about the bond market disappointment at least.\nAlthough annual "core" CPI inflation fell again to 3.8% - its lowest in almost three years - it was a tenth of a percentage point above forecast, the headline inflation rate ticked up surprisingly to 3.2% and monthly readings were sparky.\nMany blamed statistical quirks in official models for the early-year stickiness, with rent estimates and gasoline exaggerating the data and services inflation excluding shelter - closely watched by the Federal Reserve - better behaved.\nBut interest rate futures shaved expected Fed easing expectations for the year nonetheless and both two and 10-year Treasury yields pushed higher - the latter up by more than 5 basis points to 4.15%, where it sat early on Wednesday.\nA poorly received 10-year note auction - partly because of the CPI surprise - possibly goosed that move. And some $22 billion of 30-year bonds go under the hammer later on Wednesday.\nBut the artificial intelligence obsession in stocks was reinvigorated by an AI-infused results beat from Oracle , whose shares surged 12% as it said it was due to make a joint announcement with AI bellwether Nvidia.\nNvidia stock, in turn, recovered much of the past week\'s losses and surged 7%.\nWhat\'s more, shares in another AI darling, Arm Holdings , the British chip designer backed by Softbank Group , gained 2% as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering last September.\nAll of which helped lift S&P500 to a new closing high despite the inflation cloud and futures held those gains on Wednesday.\nAlthough with markets still pricing Fed rate cuts even with long-term inflation expectations settling above its 2% target, there may be argument that stocks are beginning to like an economy running slightly hot.\nBank of America on Tuesday upped its S&P500 profit growth forecast for this year to 12%, backing its raised year-end target for the index to 5,400.\nOther more skeptical investors remain wary, with GMO\'s Jeremy Grantham this week describing the AI "bubble" as "a new bubble within a bubble."\nOverseas, China\'s stocks slipped again on Wednesday - dragged down by ailing property developers as Country Garden missed a coupon payment on its debt.\nThe yuan also fell back sharply.\nJapan\'s Nikkei index fell for a third straight session as investors assessed the likelihood of a policy shift at next week\'s Bank of Japan meeting.\nWith wage growth key to the BOJ decision, Toyota agreed to give factory workers their biggest pay increase in 25 years on Wednesday and that heightened expectations that bumper pay raises will give the central bank leeway to tighten policy.\nThe dollar was up more broadly, however, and dollar/yen nudged higher.\nBitcoin, which has trebled since September, continued to surge above $73,000 ahead of next month\'s "halving" event.\nIn politics, U.S. President Joe Biden and former President Donald Trump both clinched their parties\' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years.\nKey diary items that may provide direction to U.S. markets later on Wednesday: * U.S. Treasury auctions $22 billion of 30-year bonds * U.S. corp earnings: Lennar, Dollar Tree * U.S. Secretary of Commerce Gina Raimondo visits Thailand\n(By Mike Dolan, editing by Nick Macfie [email protected])', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nEven as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered on regardless to record closing highs - either ignoring the readout, or perhaps even thriving on it.\nWhile economists sliced and diced the slightly hotter-than-expected consumer price report for February, there was little doubt about the bond market disappointment at least.\nAlthough annual "core" CPI inflation fell again to 3.8% - its lowest in almost three years - it was a tenth of a percentage point above forecast, the headline inflation rate ticked up surprisingly to 3.2% and monthly readings were sparky.\nMany blamed statistical quirks in official models for the early-year stickiness, with rent estimates and gasoline exaggerating the data and services inflation excluding shelter - closely watched by the Federal Reserve - better behaved.\nBut interest rate futures shaved expected Fed easing expectations for the year nonetheless and both two and 10-year Treasury yields pushed higher - the latter up by more than 5 basis points to 4.15%, where it sat early on Wednesday.\nA poorly received 10-year note auction - partly because of the CPI surprise - possibly goosed that move. And some $22 billion of 30-year bonds go under the hammer later on Wednesday.\nBut the artificial intelligence obsession in stocks was reinvigorated by an AI-infused results beat from Oracle, whose shares surged 12% as it said it was due to make a joint announcement with AI bellwether Nvidia.\nNvidia stock, in turn, recovered much of the past week\'s losses and surged 7%.\nWhat\'s more, shares in another AI darling, Arm Holdings, the British chip designer backed by Softbank Group, gained 2% as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering last September.\nAll of which helped lift S&P500 to a new closing high despite the inflation cloud and futures held those gains on Wednesday.\nAlthough with markets still pricing Fed rate cuts even with long-term inflation expectations settling above its 2% target, there may be argument that stocks are beginning to like an economy running slightly hot.\nBank of America on Tuesday upped its S&P500 profit growth forecast for this year to 12%, backing its raised year-end target for the index to 5,400.\nOther more skeptical investors remain wary, with GMO\'s Jeremy Grantham this week describing the AI "bubble" as "a new bubble within a bubble."\nOverseas, China\'s stocks slipped again on Wednesday - dragged down by ailing property developers as Country Garden missed a coupon payment on its debt.\nThe yuan also fell back sharply.\nJapan\'s Nikkei index fell for a third straight session as investors assessed the likelihood of a policy shift at next week\'s Bank of Japan meeting.\nWith wage growth key to the BOJ decision, Toyota agreed to give factory workers their biggest pay increase in 25 years on Wednesday and that heightened expectations that bumper pay raises will give the central bank leeway to tighten policy.\nThe dollar was up more broadly, however, and dollar/yen nudged higher.\nBitcoin, which has trebled since September, continued to surge above $73,000 ahead of next month\'s "halving" event.\nIn politics, U.S. President Joe Biden and former President Donald Trump both clinched their parties\' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years.\nKey diary items that may provide direction to U.S. markets later on Wednesday:\n* U.S. Treasury auctions $22 billion of 30-year bonds\n* U.S. corp earnings: Lennar, Dollar Tree\n* U.S. Secretary of Commerce Gina Raimondo visits Thailand\n(By Mike Dolan, editing by Nick Macfie [email protected])', '• The head of India\'s markets regulator says instant settlements are required to compete with crypto.\n• Investors are likely to move to crypto if traditional markets "cannot offer tokenization and instantaneous settlement," SEBI\'s Madhabi Puri Buch said.\nThe chairperson of India\'s markets regulator has warned that if regulated markets don\'t offer instant settlement, investors will move to spaces like crypto.\nSettlement refers to the final step in payments and securities trade.\nMadhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI),announcedplans to introduce faster settlements on Monday. India is planning to introduce a same-day settlement cycle from March 28 on an optional basis, making it the second country after China to do so while other nations typically settle within two days, a local reportsaid.\n“If our well-regulated market cannot compete with the crypto world and cannot say we also offer you tokenization and instantaneous settlement over the medium term, I won’t even say long term, you should expect investors to move," Buch said.\nBuch addressed India pulling even further ahead of other jurisdictions in instant settlement speed, warning a "sizeable part of the market" could move to crypto. "Foreign portfolio investors have been grumbling about the operational challenges involved in moving funds to comply with faster settlement cycles," anotherreportsaid.\nThe broader plan also includes adopting instant settlement, effective from March 2025. The plan is yet to be approved by the market regulator\'s board which is set to meet on Friday,the report said.\n"Everybody wants instant everything. Right? So why should anyone believe that tomorrow if an alternative is available with instant settlement tokenization and they say the regulated market doesn’t offer it, you should expect people to move,” Buch said.\nBitcoin\'s price hit an all-time high crossing the $73,000 mark on Wednesday.\nSEBI has historically played a distant role with regard to crypto in India.\nAt one point, it wasdeemed to become the regulatory authoritythat may oversee crypto regulation. However, since then, it has seemingly taken a back seat. SEBI falls under the administrative control of the nation\'s finance ministry, which recently led the Group of 20 in shaping global consensus around crypto regulation.\nThe Reserve Bank of India, the nation\'s central bank, has been a fierce critic of crypto while promoting its central bank digital currencies.\nRead More:India\'s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source', '\nWorld shares index just a few points from record highs\n\nEuropean and US markets both at all-time peaks\n\nBond market borrowing costs edge higher after US CPI\n\nBitcoin bustles to new high, oil rangebound\n\nGraphic: World FX rates http://tmsnrt.rs/2egbfVh\nBy Marc Jones\nLONDON, March 13 (Reuters) - World shares held close to record highs on Wednesday thanks to new all-time peaks in Europe and on Wall Street, as investors bet hotter-than-expected U.S. inflation won\'t stop the Federal Reserve and other central banks from cutting interest rates.\nAsian shares hit seven-month highs overnight as a number of tech sectors made gains, but Europe went even better early on by squeezing out its fifth record high in six sessions.\nVolatility in currency markets remained low, however, much to the disappointment of FX dealers and despite the European Central Bank being set to publish its highly anticipated operational framework review later in the day.\nThe dollar, euro, yen and pound were all little changed on the day, and though the yen looks ready to pounce if Japan finally raises interest rates next week, the dollar hasn\'t moved by more than 1% in either direction since November.\n"We are in a very, very short-term, interest rate-driven market where the overall story is a huge coalescence of expectations for rate cuts (by the Fed, ECB and BoE) around June," Societe Generale strategist Kit Juckes said.\n"The big issue is euro-dollar, if they (Fed and ECB) are both going to cut three times this year ... if all rates move in parallel with each other FX has nothing to go on," he added.\nBenchmark U.S. and European bond market yields that tend to drive global borrowing costs were at one-week highs after Tuesday\'s U.S. inflation upside surprise.\nBut the risk takers were still in charge there too, with the gap between Italian and German 10-year yields shrinking to a fresh 26-month low.\nThe latest rise in Europe\'s stock prices was driven by the region\'s retailers as solid results from Zara-owner Inditex and a 14% surge in Zalando shares more than offset news of Adidas\' first loss in 30 years due to its Kanye West problems.\nBitcoin bustled to its third straight record high at $73,400 as cryptomarkets continued to sizzle ahead of what is known as a \'halving\' where it effectively becomes tougher to mine the currency.\nSUBDUED\nOvernight, MSCI\'s broadest index of Asia-Pacific shares outside Japan ended lower after touching its highest level since early August.\nChina\'s property stocks took another knock amid the ongoing problems there, while Tokyo\'s Nikkei also finished in the red as investors took profits on some of its near 20% surge since early December.\nU.S. stock index futures were also subdued as investors awaited a slew of economic data this week, including producer prices on Thursday and retail sales numbers, for more clues on the Fed\'s rate-cut path.\nThe benchmark S&P 500 climbed to a fresh record high on Tuesday as Oracle shares surged and slightly hot consumer price data failed to dampen investors\' hopes for interest rate cuts in the coming months.\nTraders now see a 66% chance of the first rate cut coming in June, the CME FedWatch Tool showed. Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25% to 5.50% range.\n"While the February CPI data was noisy across segments, we believe the U.S. economy continues to be in good shape and is he Last 60 Days of Bitcoin's Closing Prices:* [42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-13 Financial & Commodity Data: - Gold Closing Price: $2175.40 - Crude Oil Closing Price: $79.72 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,413,626,803,125 - Hash Rate: 631131351.3345715 - Transaction Count: 390118.0 - Unique Addresses: 710767.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Trading volumes of VanEck’s HODL, one of the 10 spot bitcoin(BTC)exchange-traded funds (ETFs) in the U.S.,surgedover 2,200% on Tuesday in a move driven by individual traders.More than $400 millionof HODL changed hands on Tuesday, compared with its daily average of $17 million. The figures came a day ahead of VanEck's planned fee cut to 0.20% from 0.25%. HODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF held nearly $200 million worth of bitcoin as of Feb. 20,data shows. Billionaire Mike Novogratz'sGalaxy Digital(GLXY) has new coverage at Canaccord Genuity, which initiated the stock with a buy rating and a C$17 ($12.6) price target.Galaxy “represents one of the most diversified ways to play digital assets," wrote analyst Joseph Vafi, whose price target suggests 30% upside from the current C$13. Galaxy's institutional trading business is a "share gainer,” said Vafi, citing the upcoming launch of its crypto prime brokerage platform, Galaxy One. Combine that with the price gains surrounding the spot ETFs and the upcoming halving and trading should do well, according to Vafi. Fairshake, a super political action committee (PAC) backing crypto-friendly candidates, has nowreceivedfunding of a total of $4.9 million from billionaire twins Cameron and Tyler Winklevoss,Bloombergreported,citing the latest federal filings. The twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin(BTC)investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. They join a list of high-profile crypto investors backing the super PAC, including Andreessen Horowitz (a16z) andARK Investas well as crypto companies such as Circle, Ripple, Coinbase (COIN) and others. • The chart shows the average trade size in the bitcoin market in U.S. dollar terms since February 2023. • The average trade size has consistently topped the $1,000 mark since the start of this month, indicating increased institutional participation. • Source: Kaiko - Omkar Godbole • Starknet’s STRK Drops 53% Amid Token Issuance Criticism • USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady • Bitcoin ETF Trading Spikes to Busiest Session Since January Debut... - Reddit Posts (Sample): [['u/Far_Breakfast_5808', 'You know what would be an interesting project? When the "price" of BTC inevitably crashes (when it happens, I have no idea and I won\'t bother speculating), we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we\'re missing out.', 14, '2024-03-13 00:38', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', "Hopefully someone is already collecting their posts and usernames because when the price crashes eventually (it could be this year, it could be eventually, about the only thing I'm sure of is that one day this house of cards will collapse), it would be interesting to see what happened to all these currently confident Redditors. Like, we will see if they are still bullish and confident when it happens, or will still insist we are having fun staying poor. Hopefully they all won't be a bunch of u/\\[deleted\\]s, though I fear that's what's gonna happen.", 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', '1bdcd8l', [['u/DevilFucker', 48, '2024-03-13 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kuln6m6/', '“So what if the price went down? That was totally predictable, everyone knows Bitcoin has cycles. I sold at the peak, just waiting for it to bottom before it starts the next cycle. Have fun staying poor loser.”', '1bdcd8l'], ['u/TSM-', 10, '2024-03-13 01:21', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulscjq/', '\\[deleted\\]', '1bdcd8l'], ['u/Far_Breakfast_5808', 18, '2024-03-13 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulv9ll/', 'I really want to see if the exact same posters who are currently bragging about the price breaking ATHs and heading to the moon will suddenly go 1 BTC = 1 BTC.', '1bdcd8l'], ['u/piershampton', 11, '2024-03-13 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulxd1w/', 'Some people have nothing good going on in their lives these days 👆🏼', '1bdcd8l'], ['u/Mongorize', 12, '2024-03-13 02:06', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzitb/', ">we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we're missing out.\n\nThere's no point as they don't realise there is no gain without cashing out. So they are already poor as they're happy to give their cash to mega corps", '1bdcd8l'], ['u/Ichabodblack', 10, '2024-03-13 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzk5k/', "I didn't mind people genuinely debating. It's the 14 year old trolls (chronically chronologically or mentally) that are irritating", '1bdcd8l']]], ['u/Haxagonus', 'Thank you', 25, '2024-03-13 00:53', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', 'Just found this subreddit. Thank you guys for making it. I posted my first post about buying a whole coin recently and bitcoin subreddit took it down ', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', '1bdcpvu', [['u/OlderAndWiserThanYou', 16, '2024-03-13 01:48', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kulwm3r/', '> I posted my first post about buying a whole coin recently and bitcoin subreddit took it down\n\nHow incredibly welcoming of them! They have a history of doing that kind of thing which is one small reason why here exists.\n\nSo welcome!', '1bdcpvu'], ['u/ShadowOfHarbringer', 12, '2024-03-13 02:26', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kum2l3u/', '> I know right? What feels good is that I own one whole coin now. See you at the top. salutes\n\nWell personally I prefer BCH because it works and I use it daily, but I am happy for you.\n\nAt least you can talk about it in an uncensored place.', '1bdcpvu']]], ['u/EtherAcombact', 'Uncharted Territory: How This Halving Cycle Differs', 369, '2024-03-13 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', " I've noticed a lot of folks here comparing this cycle to previous ones, assuming it's just another 4-year price action. However, I see several key differences this time around:\n\n1. BTC hitting all-time highs before the halving: This marks the first instance in Bitcoin history where the price hit an all-time high before the halving. Two main factors contribute to this: a) The solidification of narratives such as the BTC 4-year cycle and halving, making it a self-fulfilling prophecy, and b) ETF inflows into crypto, a new source of fiat infusion attracting more conservative investors.\n2. ETF inflows: This new source of fiat infusion attracts a different breed of investor, usually conservative and investing through tax-advantaged accounts like IRAs. This leads to increased BTC dominance, reduced gains for altcoins (except for ETH), and potentially less BTC price volatility over time due to a different investing strategy.\n3. Retail investors: Despite being retail investors ourselves, the participation during Bitcoin's all-time high lacks the same strength as before. More retail investors might join post-halving, but the rising prices beforehand could diminish returns, making everything seem expensive and risky.\n4. Stablecoins: Often overlooked, many stablecoin providers are investing their fiat reserves in US bonds, causing concern for the Fed. It attracted Federal Reserve intervention to align the crypto market with its interest to limit capital outflow and market volatility.\n\nIn summary, the cryptocurrency market is evolving and the cycle differs significantly from the past three. While Bitcoin price is likely to keep rising, the pace and overall market behavior will likely differ than expectations. .Key implications for BTC and crypto include less volatility, a smaller increase in Bitcoin's post-halving price compared to last cycles, diminished gains from altcoins (excluding ETH with ETF approval), reduced retail investor participation, and an increased influence from governments and traditional finance on crypto and BTC price actions.", 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', '1bdd5dn', [['u/ZekeTarsim', 56, '2024-03-13 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulvusq/', 'Retail buyers and “expensive” coins. I feel like casual participants mostly don’t think about market cap. Therefore, their understanding of value is more based on price per coin.\n\nAs in, a $1 coin will get more retail interest than a $100 coin, because the $1 dollar coin is comparably cheaper (even if it is actually more expensive).\n\nI believe this is one of the reasons some dog and frog coins that are a fraction of a penny do so well in alt season, even if the dog coin has 880 gazillion coins in circulation.\n\nThoughts?', '1bdd5dn'], ['u/Slimalicious', 73, '2024-03-13 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulw8i3/', 'thanks, chatGPT', '1bdd5dn'], ['u/Beneficial-Step7506', 16, '2024-03-13 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulwqnj/', 'Yup, that’s why I’m in low cap coins <$30m MC trading for fractions of a penny.', '1bdd5dn'], ['u/d_justin', 153, '2024-03-13 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulxyh9/', 'Am I correct in thinking that retail does not have money to spend in crypto this cycle? \n\ncost of living increased drastically in the previous 2 years, credit cards are being maxed out, auto loan delinquency increasing, mortgages/rents being delayed.', '1bdd5dn'], ['u/EtherAcombact', 69, '2024-03-13 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kum3kru/', 'Yes, inflation is high globally. Surprisingly, casinos recorded strong profits last year, even amid the heightened inflation. People tend to take riskier bets with their money when they are desperate. Consider 2020 when COVID was at its peak, and everything was shut down – yet crypto started pumping hard right after the halving', '1bdd5dn'], ['u/Drwgeb', 17, '2024-03-13 04:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kummsvp/', "To be fair during covid people had money handed to them which they didn't work for as well as a lot of people had a lot of free time on their hands, so might as well start gambling into crypto and shout at charts.", '1bdd5dn'], ['u/Substantial_Run8010', 20, '2024-03-13 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumn54r/', 'Yep. Once you reconize the writing style, you start seeing it everywhere', '1bdd5dn'], ['u/mgd09292007', 31, '2024-03-13 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kump8uy/', 'People will FOMO into something if they think they can "win the lottery". I mean look at how many poor people throw money away in casino and the actual lottery. More buyers than you probably think.', '1bdd5dn'], ['u/digitalmacgyver', 23, '2024-03-13 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrant/', "Considering now investment firms like Blackrock are holding 25% of bitcoins total volume, they will likely never allow it to go down again. I expect they days of volitlty are in the past, if it starts to go down they are going to buy out the supply. We will see scarity of volume, and to be fair I expect in the next few years we'll over 50% of bitcoin and three top 10 alts get acquired by investment firms. This is the new commodity market and they control it. \n\nI would honestly see some major firms push the value as high as possible. There was some discussion I believe 4 years back that if main investment firms got in at the right time and pushed bitcoin to 1 million a coin they would make trillions. I believe we are seeing it now. The alt coins will climb in concert and make a lot of people who hold for the next 5 years very rich.", '1bdd5dn'], ['u/benmck90', 28, '2024-03-13 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrf0y/', 'The stimi checks were a drop in the bucket.', '1bdd5dn'], ['u/RMZ13', 15, '2024-03-13 06:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumwxsb/', 'O agree with everything you’ve said. Except that I think retail will be more enthusiastic past halving. None has really started FOMOing in just yet. I’ve only seen a single “should I leverage everything and throw it all at Bitcoin?” post. They’ll be back. \n\nThey always come back.', '1bdd5dn'], ['u/Weepinbellend01', 19, '2024-03-13 08:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kun9spt/', 'I N S U M M A R Y', '1bdd5dn'], ['u/TechTuna1200', 12, '2024-03-13 09:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kund7rx/', "TBH, I saved up for an apartment. And doing the math, it just cheaper for me to rent even with a big down payment. So I just gave up on becoming a homeowner for now and how a big pile of cash sitting. Those money is definitely not going into crypto, but I bet a lot of people sitting in the same situation aren't that risk averse.", '1bdd5dn'], ['u/DecoupledPilot', 12, '2024-03-13 09:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kung0gj/', 'Psycologically its actually a trap.\n\nMany of us are trapped in lives that money could buy us free from in terms of real freedom, not just treadmill-freedom. For that gambling into a market that promises gains is very, very tempting.\n\nSadly lots of newbies will get burned this bull again, like it happened last bull in 2021.\n\nSome of us oldies here will also fall into the waiting trap and again see all gains flush away when we wait too long because the gains seem to be coming and taking profit would ruin all those nice large growth numbers!\n\nWe will see.\n\nIn the end it will depend on how long and volatile this run turns out to be.', '1bdd5dn'], ['u/kapaciosrota', 10, '2024-03-13 13:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kuo4nxs/', '> wont stop people gambling\n\nThis. Anecdote, but my friend is working at a gambling company and they are at record profits despite the average person doing much worse than any time in the last decade. Poverty leads to more gambling, not less.', '1bdd5dn']]], ['u/DoU92', 'Litecoin Vs. Bitcoin', 35, '2024-03-13 01:26', 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/', "I would love to hear everyone's opinions on the pros and cons of bitcoin and litecoin.\n\nI see a future where both projects will continue to be successful, but am curious why litecoin's market cap is 7 billion and bitcoins market cap is 1.4 trillion. Does this ratio seem out of wack to you?\n\nI understand that litecoin is a fork of bitcoin and uses a different hashing algorithm with the goal of having faster and cheaper transactions.\n\nThis seems to be the case - it is faster and cheaper to transact on the litecoin blockchain, but would it be as fast and cheap if it was seeing the same volume as bitcoin? Will it always be a substantial enough difference to keep litecoin relevant?\n\nSimilar to bitcoin, litecoin has had a 100 percent uptime and proven to be very secure. Litecoin has less hash power than bitcoin, but has still avoided a 50 percent attack. I think this is mostly because bitcoin mining equipment doesn't work on litecoin.\n\nAs bitcoin layer twos become more relevant, will this make litecoin more irrelevant? Or will it always hold value as a sort of backup to bitcoin. ", 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/', '1bddhut', [['u/Own_Sky9933', 23, '2024-03-13 01:51', 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/kulx2m8/', 'Litecoin has 4x the supply thus the blocks are mined every 2.5 minutes. That alone gives it more opportunity to function and a medium of exchange.\n\nBitcoin at this point is digital gold. The mempool is congested and can be expensive to send. Lots of people are learning what UTXOs are and how all those small withdrawals make BTC dust when fees are high.\n\nI don’t know that the layer two solutions are all that great for BTC. At some point you will need to settle on chain and that block will have to be mined. BTC is already kind of a rich man’s game pretty soon it’s going to get away from even the middle class if network fees remain elevated for an extended period of time. I guess the only relief is that the ETFs in a way are actually functioning as a second off chain layer.\n\nHard to say what the future is but Litecoin still has the ability to be a transactional coin.', '1bddhut']]], ['u/TheRealConchobar', 'I put my house on the market today for 10 BTC', 94, '2024-03-13 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/', 'I believe I can get more value out of my home if I sell it for Bitcoin. Even after property gains, I should walk away with more than I would make if it sold for the highest Zestimate.\n\nI made a post about this earlier, but the way I phrased it- I was asking for financial advice.. which is not my true intention.\n\nI just thought it was worth discussing with others… Ask me anything.. or tell me all about why this is a terrible idea.. I’m open to differing opinions.\n', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/', '1bde93j', [['u/Ancient-Ad6517', 59, '2024-03-13 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kulyym8/', '1. You’ll exclude buyers who don’t own enough bitcoin. Anyone who doesn’t have enough will have to exchange USD for todays price', '1bde93j'], ['u/CupHead11011', 48, '2024-03-13 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum04za/', "Most people aren't going to be buying a home without a loan so unless the bank's going to pay you in Bitcoin", '1bde93j'], ['u/XenonFireFly', 25, '2024-03-13 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum1qpp/', 'Yeah, this isn’t well thought out. Oh well, best of luck to him.', '1bde93j'], ['u/TheRealConchobar', 18, '2024-03-13 02:26', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum2k7q/', 'Or someone who placed 5th in a StarCraft tournament.', '1bde93j'], ['u/GetGud_Lmao', 62, '2024-03-13 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum6p4u/', 'or just sell for cash and buy 10btc yourself with the money?', '1bde93j'], ['u/According_Ad_250', 10, '2024-03-13 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum6tzl/', 'When I see things like this, I know it’s time to sell', '1bde93j'], ['u/IANvaderZIM', 19, '2024-03-13 03:00', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum7u3t/', 'I believe the right move is to list for $700k, and offer a discount if purchased with btc. Like “or 9btc” or whatever, and make up the difference on the market later', '1bde93j'], ['u/Unairworthy', 20, '2024-03-13 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum8g6l/', 'It would be a lot cooler if the buyer did the KYC bullshit.', '1bde93j']]], ['u/drwhorable', 'Highly regarded overview of crypto super bubbles for those so inclined', 11, '2024-03-13 02:23', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/', 'For those apes watching the trajectory of the American economy, especially the regulatory environment surrounding cryptos, it’s hard to argue that 1. Regulators have any idea what they’re dealing with and 2. They’re slow as fuck at creating policy.\n\nThe recent SEC rulings which enabled spot ETFs for BTC has resulted in an insane buy side skew. The difference between BTC mined and BTC bought is crazy if you want to look at it. Some large funds like GBTC are holding tens of billions of dollars of BTC and as inflows increase there might be an even larger buy side skew.\n\n\nThe following article is really interesting and highlights some very important things about the upcoming BTC halving, and more specifically that there is a “super cyclical speculative bubble” involving The big coin which reverberates down to the little coins. There is also an inadequate regulatory environment, and that moreover traditional financial models don’t properly understand certain price dynamics involving the wider crypto environment. The article mentions cryptos becoming a systemic risk too which is kind of scary. \n\nhttps://www.sciencedirect.com/science/article/pii/S2666188824000285\n\nLet me know what you guys think. I love me some financial analysis.', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/', '1bder28', [['u/Downtown_Hamster_100', 24, '2024-03-13 02:34', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/kum3t1y/', 'Consensus is that crypto is a scam that is now getting pumped to oblivion by the etfs so either buy in or stay poor.', '1bder28'], ['u/drwhorable', 12, '2024-03-13 04:25', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/kumk9bd/', 'BTC halving makes coin scarce and price go up bigly', '1bder28']]], ['u/Blockchain_Benny', 'What is "Ripple"? (Satoshi emails)', 41, '2024-03-13 02:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/', 'Note: This is NOT about XRP cryptocurrency (which is indeed called Ripple, or their company is or whatever)\n\nI\'ve been reading the new Satoshi emails with Sirius, and in there Satoshi mentions another internet money project called Ripple several times. Now this is back in 2010 times, he\'s definitely not talking about the modern crypto XRP. I\'ve seen this Ripple mentioned before from Satoshi in the bitcointalk archives too. I tried to search the net for an answer as to what Satoshi is referring to when he mentions "Ripple". I\'m looking for some info as to what that is, if anyone here knows. Here is one example (from the FAQ section he sends to Sirius):\n\n"\n>\tAre you familiar with Ripple?\n\nAs trust systems go, Ripple is unique in spreading trust around rather\nthan concentrating it.\n\n[I\'ve been asked at least 4 other times "have you heard of Ripple?"]\n"\n\nSatoshi seemed to know about a lot of previous internet money projects, and spoke about them somewhat, so I was trying to learn about it, and when I search Ripple all I can find is stuff about XRP. Does anyone have more info about it to share?\n\nPS this was blocked from being posted in r/bitcoin, I guess I mentioned XRP and they don\'t allow it, it was blocked the instant I posted it so it didn\'t seem to be a human decision. FUCK R/BITCOIN', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/', '1bdf23t', [['u/BlubberWall', 17, '2024-03-13 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kum6e46/', 'RipplePay, it was created by a co-creator of the XRP protocol and served as a foundation for it.', '1bdf23t'], ['u/BlubberWall', 11, '2024-03-13 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kum8sia/', 'Only stuff I can find quickly is about the history of XRP and mentions it in the start, not about it specifically. I’d just search “Ripplepay protocol 2004” and see if there’s anything more specific.\n\n[Here’s](https://thecryptobasic.com/2024/02/24/ripple-admired-by-bitcoin-founder-satoshi-recently-released-2009-emails-confirm) a little more about satoshis interaction if your interested.\n\nXRP is over-hated here in general IMO, the underlying protocol has some pretty solid fundamentals', '1bdf23t'], ['u/chintokkong', 33, '2024-03-13 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumfxx5/', 'Should be about Ryan Fugger’s ripplepay.\n\nThink it was the inspiration for Ripple and was bought over by Ripple?', '1bdf23t'], ['u/Blockchain_Benny', 10, '2024-03-13 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumgb8x/', "Yes I'm finding that to be true indeed, thank you", '1bdf23t'], ['u/CryptoNerdSmacker', 22, '2024-03-13 04:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumktqz/', 'Ripple and XRP’s history run deep. Deeper than ETH’s.\n\nSpeaking of ETH, guess where Vitalik really got his inspiration for ETH? No, it wasn’t only from WoW. Lil’ Vitali Poo was a bright eyed little intern at Ripple. Then he leaves, goes and creates Ethereum. Funny how it had striking similarities to Ripple’s ideas and XRP.', '1bdf23t'], ['u/OwenRas', 10, '2024-03-13 10:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kuni0p9/', 'Deleted by bitcoin subreddit? Why am i not surprised\nMaxis are going after every altcoin posting', '1bdf23t']]], ['u/vladgruff666', 'If you ever feel bad about selling', 82, '2024-03-13 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/', 'When I was 18 sold my RuneScape account that was maxed out for 4 bitcoin I saw it hit $1000 and bought a drum set shortly \n\nMy dad sold it for $15 two years later to a pawn shop because "you refuse to follow God and go on a church mission" \n\nThat\'s my Ted talk\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/', '1bdfafe', [['u/Thatguy755', 40, '2024-03-13 02:55', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kum74m7/', 'So did you decide to follow God after this?', '1bdfafe'], ['u/Positive_Meet656', 23, '2024-03-13 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumaarj/', 'I had a bunch of Bitcoin in 2011. Was only a few hundred worth. Spent them on drugs.', '1bdfafe'], ['u/Low-Oil3824', 15, '2024-03-13 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumbdvd/', 'What do u think', '1bdfafe'], ['u/vladgruff666', 16, '2024-03-13 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumd5zk/', "I'm 29 he's been bankrupt 3 times he ain't got shit", '1bdfafe'], ['u/Bkokane', 12, '2024-03-13 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kume4l5/', 'Maybe he should go on a church mission so God doesn’t keep punishing him for being a little bitch', '1bdfafe'], ['u/PlatoPirate_01', 35, '2024-03-13 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumext9/', 'Great story. Always share it. I spent 21 BTC on an engagement ring.... I had a happier ending than your drum set. But we call these scenarios "character building"', '1bdfafe']]], ['u/78523985210', 'Too paranoid of buying btc. Would investing in bitcoin ETF (FBTC) offer the same returns to directly buying Bitcoin?', 13, '2024-03-13 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/', "I want to buy 1 btc but I'm too paranoid of it being stolen. Yes I know I can use a hardware wallet but regardless I am still worried I'll make a mistake and lose my btc. If I was to buy FBTC (Fidelity BTC ETF), is that considered the same returns as just buying BTC? I'm trying to compare on Google and it seems 5 days ago, [BTC went up 5.25% whereas FBTC went up 6.71%.](https://i.imgur.com/lVRIeEL.png) I would assume they should be the same percentage? Thanks.", 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/', '1bdfe5g', [['u/harrumphx', 18, '2024-03-13 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum7gki/', 'Yes, the returns will be the same, minus the ETF fees. The daily numbers sometimes look different because the ETFs only trade during market hours, whereas BTC trades 24-7, so they are different time ranges.', '1bdfe5g'], ['u/78523985210', 14, '2024-03-13 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum7qow/', "Noted, thanks. So better to buy BTC ETF assuming I'm too paranoid of losing my btc?", '1bdfe5g'], ['u/harrumphx', 21, '2024-03-13 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum87zj/', "You absolutely should do the thing that you're comfortable with.", '1bdfe5g'], ['u/el_rico_pavo_real', 10, '2024-03-13 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum9opb/', 'I buy both BTC and FBTC pretty routinely. BTC for my long term hodling, and FBTC for my “One day I might actually want to sell and play fiat games”.', '1bdfe5g'], ['u/LuckyAce369', 10, '2024-03-13 03:55', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kumg1op/', 'Paranoid? Buy MSTR. Sailor straight up said if you store value in fiat you’re poor on national television. He’s the goat.', '1bdfe5g']]], ['u/Beast191919', 'Does HUT have in right ?', 22, '2024-03-13 03:03', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/', 'Anyone ever think HUT actually has the strategy right while basically all other miners diluting and chasing EX/H are following and chasing a losing strategy \n\nWe can all agree that power and infrastructure is the name of the game \n\nThe question is how to maximize use of power and there are many different ways, one being BTC mining \n\nWe all see how tough and competitive BTC mining is becoming.. it’s a battle \n\nHUT is laser focused on maximizing monetizing all their 1000MW of power… would be soooo easy for them to spend 1000 BTC without diluting and getting to 15 EX/ H with newest fastest rigs… or even way more EX / H they wanted \n\nMaybe HUT actually not backing themselves into a corner like everyone else ', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/', '1bdfm3s', [['u/BeRealSon1', 16, '2024-03-13 03:11', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/kum9frt/', "There's a reason why they have survived multiple bear markets", '1bdfm3s']]], ['u/WebHot', 'FOMO is starting', 38, '2024-03-13 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/', 'Just had my entire immediate family and grandparents ask about investing into Bitcoin XD.', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/', '1bdg9ba', [['u/CalligrapherFalse511', 14, '2024-03-13 06:47', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/kun08tb/', 'I had uncles 10years ago laugh and say it was a scam. Now their parents are asking them to buy to send to relatives in el salvador lol', '1bdg9ba'], ['u/BingSearchEngine_', 10, '2024-03-13 08:35', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/kun9ht9/', 'eh. bitcoin is in a seemingly endless cycle of "wish I bought" to "glad I didn\'t buy"', '1bdg9ba']]], ['u/ROC_armed_forces', 'Why $MARA and Bitcoin price went separate ways?', 24, '2024-03-13 04:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/', "Bitcoin price ⬆️44% past month but $MARA ⬇️21%, kinda doesn't make sense. Is it due to the underlying assumption that mining bitcoin is increasing difficult and inefficient, and all trading will be limited to existing ones? ", 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/', '1bdgw55', [['u/AutoModerator', 18, '2024-03-13 04:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumh8hg/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1bdgw55'], ['u/richard-b-inya', 45, '2024-03-13 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumhduz/', 'Big boys are long BTC and shorting the hell out of miners as a hedge.', '1bdgw55'], ['u/Evening_Cut4422', 12, '2024-03-13 04:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumhxgp/', "Most miners won't survive, there will be a time where miner stocks go bust and the survivors will take on the losers marketshare. There is no telling which will survive so it's better to stay clear from it", '1bdgw55'], ['u/Cash_Saucey', 40, '2024-03-13 04:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumip2j/', 'Mara also came out on earnings and said they are diluting shares by $1.5b that could be another reason for the sell off', '1bdgw55'], ['u/0DTEx', 22, '2024-03-13 04:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumj42h/', 'Yea so this is pretty much it. \n\nDilution is not your friend that is unless your c suite running a business that might not survive the next year due to the price of a commodity you have no control over.', '1bdgw55'], ['u/gulch_monstah', 12, '2024-03-13 04:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumm5st/', 'It’s just a matter of time before it takes off again. MARA is holding a significant amount of BTC. Yes, they had to sell some to cover expenses. However, they will be in a great position if they can mine and hold more BTC before it takes off to the 100k range.', '1bdgw55'], ['u/suwoopdeewoop', 15, '2024-03-13 06:56', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kun14dg/', 'Fuck this actually makes sense', '1bdgw55']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, March 13, 2024', 42, '2024-03-13 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/', '1bdi3pz', [['u/make_n_bake', 16, '2024-03-13 05:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumowr5/', 'waiting on https://farside.co.uk/?p=997 I found a [larger data set](https://farside.co.uk/?p=1321)', '1bdi3pz'], ['u/keygen4ever', 10, '2024-03-13 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumpdbh/', 'Wish they also add btc amounts, not just usd valuations.', '1bdi3pz'], ['u/bittabet', 11, '2024-03-13 05:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumpspi/', 'lol, went into the buttcoin sub and it’s really interesting just how inherently stupid these people are. Not even about Bitcoin, they make just ridiculous statements that go against any shred of logic. If these are the people in Elizabeth Warren’s anti crypto army then we’ve already won. Every time I visit that sub I’m way more confident that Bitcoin is just going to win.', '1bdi3pz'], ['u/_TROLL', 16, '2024-03-13 05:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumq20c/', 'BTC-denominated ETF flows -- [Here you go.](https://www.bitcoinstrategyplatform.com/etfs)', '1bdi3pz'], ['u/_TROLL', 13, '2024-03-13 05:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumqfw9/', 'Bitcoin has already won. Where we are now, both price-wise and acceptance among the TradFi system, would have absolutely been considered "moon" in 2013.', '1bdi3pz'], ['u/ConsciousFlows', 16, '2024-03-13 05:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumrazq/', 'Another crypto related thing to Musk is that his reputation went from moon to goblin town faster than a shitcoin. He even peddles a shitcoin now.', '1bdi3pz'], ['u/ChadRun04', 15, '2024-03-13 05:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumrfjo/', 'The Basic Laws of Human Stupidity -- Carlo M. Cipolla\n\n* Always and inevitably, everyone underestimates the number of stupid individuals in circulation.\n* The probability that a certain person (will) be stupid is independent of any other characteristic of that person.\n* A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses.\n* Non-stupid people always underestimate the damaging power of stupid individuals. In particular, non-stupid people constantly forget that at all times and places, and under any circumstances, to deal and/or associate with stupid people always turns out to be a costly mistake.\n* A stupid person is the most dangerous type of person.', '1bdi3pz'], ['u/masterofreality23', 20, '2024-03-13 05:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumsjuc/', 'That sub is incredibly weird. It’s totally fine to question or even doubt the legitimacy of bitcoin and crypto, but they have a seething hatred for it that gives “I sold all my btc for $5 in 2013”. \n\nAnd the funny part is they always say the price of bitcoin is irrelevant, and no matter how high it goes it is still a scam, but then they celebrate a 2% pullback after it goes up 300%+', '1bdi3pz'], ['u/notagimmickaccount', 33, '2024-03-13 05:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumtv2d/', 'interesting article about the upcoming battle for the halving block: https://t4t5.com/blog/the-bitcoin-halving-will-be-reorged/ \n\n\nTDLR; ordinal nerds are now collecting "rare sats" ie sats from the pizza tx, nakamoto coins etc, the rarest sat is the "epic sat" or the 1st sat in the 1st halving block. Since only 3 exist and the 4th is due soon, ts expected the value of the halving block will be worth 1000BTC and the miners are obviously going to go to war over it.', '1bdi3pz'], ['u/_TROLL', 17, '2024-03-13 06:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumwpn1/', '> "rare sats" ie sats from the pizza tx,\n\nThe pizza TX would have literally 10¹² (a trillion) individual satoshis. That\'s rare?', '1bdi3pz'], ['u/KCR3d', 25, '2024-03-13 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumzdud/', '$1B net inflows today. DAMN.', '1bdi3pz'], ['u/RecessionGuy', 17, '2024-03-13 06:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumzu5g/', '$1.05 billion supposedly [https://i.redd.it/gpgew9xkd1oc1.jpeg](https://i.redd.it/gpgew9xkd1oc1.jpeg)\n\nNot sure about the veracity of the source', '1bdi3pz'], ['u/John_Crypto_Rambo', 17, '2024-03-13 06:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun0t1h/', 'A really bad one with way worse returns than Bitcoin, yes.\n\nLast cycle GBTC was a 9x and Bitcoin was a 12x.', '1bdi3pz'], ['u/DrunkOnWeedASD', 13, '2024-03-13 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun1xwy/', 'Supply shock narrative finally has a chance to be something more than a meme', '1bdi3pz'], ['u/_TROLL', 19, '2024-03-13 07:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun1z6v/', 'IMO that prediction is nonsensical hopium.\n\n!bitty_bot predict !>100000 5 days notify u/keygen4ever', '1bdi3pz'], ['u/BlockchainHobo', 10, '2024-03-13 07:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun24du/', 'I thought we were free from these morons. I mean, go ahead and pay 1000BTC for 1 satoshi I guess. Freedom is at the heart of the network after all. I will still call you a moron for doing it though.', '1bdi3pz'], ['u/HBAR_10_DOLLARS', 11, '2024-03-13 07:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun2g4x/', '>Rumors are that the OTC desks are hurting for coin\n\nCan confirm. I’ve received calls from a couple who are desperate for more corn.', '1bdi3pz'], ['u/TonyTuck', 14, '2024-03-13 07:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun3toi/', 'More or less the same recovery pattern than a few days ago when we touched 70k for the 1st time.\n\nBullish.', '1bdi3pz'], ['u/cryptojimmy8', 23, '2024-03-13 07:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun406c/', 'Ironically they dont understand that what they are saying is actually very bullish for bitcoin https://www.reddit.com/r/Buttcoin/s/cV39rjj2Ns', '1bdi3pz'], ['u/HBAR_10_DOLLARS', 14, '2024-03-13 07:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun4emp/', 'Sellers are exhausted. We’re coming back for $73k and this time, I don’t think we’re stopping.', '1bdi3pz'], ['u/keygen4ever', 23, '2024-03-13 07:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun66d1/', 'over 1bln inflow also confirmed by farside data [https://farside.co.uk/?p=997](https://farside.co.uk/?p=997)', '1bdi3pz'], ['u/goldenprey123', 10, '2024-03-13 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun6c4u/', '77k for tmr', '1bdi3pz'], ['u/Maegfaer', 16, '2024-03-13 07:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun6j1h/', "That ETF spinoff from GBTC really stopped the outflow. This confirms to me that most of the GBTC outflow was going back into Bitcoin in other ways. \n\nEven though the high net inflows of today seem to indicate otherwise, from the perspective of a GBTC shares owner it wouldn't make sense to stop selling after this GBTC spinoff news if you wanted to get rid of your Bitcoin exposure.", '1bdi3pz'], ['u/cryptojimmy8', 11, '2024-03-13 08:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun71e7/', 'A slight correction here: 11. March 6900 btc was the inflow. Yesterday’s numbers are almost twice that', '1bdi3pz'], ['u/Shibenaut', 23, '2024-03-13 08:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun7w2s/', 'I don\'t think the full extent of Bitcoin ETFs being in existence has set in as "reality" of even longterm hodlers.\n\nETFs have been a meme for so long (literally years) VS the current reality of $billions flowing in everyday since January 2024... is sort of like trying to wrap your mind around the concept of exponential change.', '1bdi3pz'], ['u/YouAreAnFnIdiot', 12, '2024-03-13 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun7zfk/', 'Like clockwork we pump at the same time as always.', '1bdi3pz'], ['u/TonyTuck', 10, '2024-03-13 08:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8cyy/', "Do someone has an explication for the daily morning pump (or night for our fellows liberty lovers) that's occuring right now?\n\nIt seems to coincide with the ETFs numbers of the previous day but I don't know if I'm convinced by that explanation.", '1bdi3pz'], ['u/Magikarpeles', 10, '2024-03-13 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8nnw/', "Yesterday's inflows 😮\u200d💨", '1bdi3pz'], ['u/Shootinsomebball', 13, '2024-03-13 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8oxn/', 'Oof solid inflows yesterday with GBTC haemorrhage slowing.\xa0\n\nAlthough what yesterday highlights for me is that market makers and OG whales are still very much relevant. \xa0I mean look at the PA yesterday. \xa0They were still able to push it around despite 1B in inflows.\n\nToday will be very interesting..', '1bdi3pz'], ['u/keygen4ever', 28, '2024-03-13 08:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun9e3q/', '14,625 BTC net etf inflow yesterday [https://www.bitcoinstrategyplatform.com/etfs](https://www.bitcoinstrategyplatform.com/etfs)', '1bdi3pz'], ['u/Downtown-Ad-4117', 29, '2024-03-13 08:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kuna7my/', 'Don’t cry. Your coins are in stronger hands now.', '1bdi3pz'], ['u/zephyrmox', 18, '2024-03-13 08:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunaai2/', 'No, this is BS. Assume that ETFs either buy immediately or hedge immediately. There is no delay - it would open them up to a nightmare of risk due to price moves. \n\nFlows that have happened in ETFs are priced in. Sentiment based on their magnitude is not until release of data.', '1bdi3pz'], ['u/muskor', 31, '2024-03-13 08:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunaiy5/', 'remember the “ETF is priced in” guys? Makes me chuckle.', '1bdi3pz'], ['u/_TROLL', 19, '2024-03-13 08:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunas11/', 'Now imagine a day like this, 38 days from now, after the halving.\n\nToday 14625 BTC = roughly 16¼ days of mining rewards.\n\nLess than six weeks from now, it will be over a month of mining rewards. Bought in a day.', '1bdi3pz'], ['u/Abdeliq', 11, '2024-03-13 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunbg6a/', 'Bitcoin is unstoppable now', '1bdi3pz'], ['u/_2f', 15, '2024-03-13 09:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kundznb/', 'As I had said [yesterday](https://www.reddit.com/r/BitcoinMarkets/s/8JB8X82hn7), today we will know the real power of inflows. GBTC outflows are negligible, and we crossed a billion dollars net. \n\nAnd this makes me think, there were a lot of fresh inflows to other ETFs and fresh outflows from GBTC the other days, than we previously thought. \n\nLet’s wait till we get clarity on how exactly the special dividend will function, what percentage will be split there? That will give us a good idea of future outflows’ strength.', '1bdi3pz'], ['u/monkeyhold99', 23, '2024-03-13 09:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kuneajl/', 'Gotta love making new ATHs day after day. I’m very curious to see when we get an actual pullback.', '1bdi3pz'], ['u/cryptojimmy8', 33, '2024-03-13 09:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunf2wv/', 'Is it exhausting being an american and waking up to a new ath every day?', '1bdi3pz'], ['u/_TROLL', 39, '2024-03-13 09:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfakt/', "Forget the price of bitcoin, it's exhausting just being American. 😛", '1bdi3pz'], ['u/WYLFriesWthat', 11, '2024-03-13 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfqgk/', 'GM. It’s very nice.', '1bdi3pz'], ['u/CirclejerkBitcoiner', 13, '2024-03-13 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfra5/', "It's so refreshing that something finally turned out to not be a nothingburger.", '1bdi3pz'], ['u/Taviiiiii', 26, '2024-03-13 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunj6cq/', "It's just impossible to get used to these insane inflow numbers. Imagine a few years ago if a corporation or billionaire came out and said I'm gonna buy half a bill of bitcoin everyday for several months to come.", '1bdi3pz'], ['u/SpontaneousDream', 21, '2024-03-13 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunj9c6/', "No. We're still numb from the bear.", '1bdi3pz'], ['u/xtal_00', 49, '2024-03-13 10:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunjp6k/', 'Bitcoin just broke $100k in my national shitcoin, the CAD.', '1bdi3pz'], ['u/spinbarkit', 10, '2024-03-13 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunkuh8/', "don't buy a house with swimming pool for your kids, instead sell your kids", '1bdi3pz'], ['u/phrenos', 20, '2024-03-13 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunl2yw/', 'I’m off on vacation for a week. You boys take care of Ol’ Grandpa Corn in my absence, ok? He takes his Cialis overnight, needs a nap in the afternoon, and weekends off. Expect >80k on my return or there will be hell toupee.\xa0', '1bdi3pz'], ['u/logicalinvestr', 24, '2024-03-13 11:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Mahe, Seychelles--(Newsfile Corp. - March 13, 2024) - Tectum, the decentralized network developed by Crispmind, has made history by becoming the fastest blockchain in the world.\nThis is a significant stride, as the company breaks its own record of 1.2 million transactions per second and extends its streak. The update comes after the final phase of a series of live tests to show how well the blockchain can process transactions.\nIt is unsurprising that several blockchains have been vying for the title of being the fastest blockchain in the world. While there have been countless claims, none of these decentralized networks have been able to back their postulations with adequate evidence.\nTectum decided to prove its claims legitimate by showing actual results of its blockchain\'s capacity. The blockchain firm did a livestream via its YouTube page to ensure that the process was genuine and transparent. In addition, it made access open to everyone who was interested in participating.\nFollowing the completion of the exercise, the company is sharing a detailed report on the result of the second phase of testing.\nResult of the Tectum TPS Test Final Phase\nThe Tectum TPS test final phase lasted well over one hour, with the team conducting over 50 million transactions. Unlike the first stage of the trial, where only Tectum Emission Tokens were transferred, Tectum decided to transfer thousands of SoftNote transactions.\nThe team also explained why SoftNote is used for transactions instead of simply transferring TET. According to Tectum, SoftNote is a more general medium of transfer and can even be used to send and receive fiat currencies and crypto.\nTherefore, it made more sense to use a more general form of transfer, especially since it has the fundamentals necessary to underpin all currency transactions. 8 Nodes were set up to run these transactions to demonstrate the network\'s optimal ability. This will also outline the master nodes, elect nodes, and other technical information.\nAt the end of the trial, here are the results of the Tectum TPS test:\n• Total number of transactions completed: 51,367,124\n• Time taken to complete these transactions: 14.66 seconds\n• Transaction per second speed: 3,502,702\n• Live Streamhttps://youtube.com/live/RZNxpaESVKY\nBy completing the final phase of this trial, Tectum broke its own record of 1.3 million transactions per second and set a new record of 3.5 million transactions per second.\nThis is a monumental achievement, as no blockchain has been able to reach this speed. Notably, the data architecture of this blockchain also handled the high volume of transactions without any glitches. There have been several instances of blockchain networks crashing due to high traffic in the past, as well as recently.\nHowever, Tectum, the fastest layer 1 blockchain, was able to set a new record while running this test. More significantly, almost all the nodes processed no less than 500,000 transactions, with the third node averaging well over 300,000 transactions at once.\nAbout Tectum\nTectum is the fastest layer-1 blockchain, with a speed of 1.3 million transactions per second. It uses proof of utility consensus to process transactions through trusted nodes. Unlike most web3 networks, this blockchain processes transactions in layers, ensuring that there are no traffic congestions or delayed transactions. In addition, Tectum also utilizes zero-knowledge proofs to maintain the privacy of transactions on its network.\nThis blockchain is developed by Crispmind- an intellectual property and software development firm with decades of experience developing cost-effective and customer-centric solutions. For several years, the company has leveraged the experience and expertise of the best developers to create ground-breaking products and services.\nThis ranges from secure messaging and user authentication to blockchain, distributed ledgers, and cryptocurrency. Crispmind\'s innovative approach has led to clients, including private companies and governmental institutions. Regardless of the project, the company\'s principle has always been to "create simple solutions for complex problems."\nSome of Crispmind\'s projects include:\n• Tectum is the fastest layer 1 blockchain in the world, with a proof-of-utility consensus protocol and zero-knowledge proof system.\n• Tectum Wallet - a comprehensive blockchain wallet that is simple to use and enables people to manage their digital assets in one place.\n• SoftNote Bills - crypto cash that makes Bitcoin more spendable.\n• X-Factor Authenticator - a quantum-proof three-factor authentication protocol that utilizes a human-machine security algorithm to ensure maximum security.\nSocial Links\nFacebook:https://www.facebook.com/Tectum.io/\nTwitter:https://twitter.com/tectumsocial\nTelegram:https://t.me/tectumglobal\nWebsite:https://tectum.io/\nYouTube:https://youtube.com/live/RZNxpaESVKY\nSOURCE: Crispmind\nMedia details:\nCompany Name: Crispmind\nPerson Contact Name: Andrew Erikashvili, CMO\nWebsite URL:https://www.softnote.com\nWebmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201642', 'By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO Finanflix\nEver sinceBlackrock(NYSE:BLK) announced itsBitcoin(CRYPTO:BTC)\xa0ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you combined the market caps of major corporations likeCoca-Cola(NYSE:KO),Disney(NYSE:DIS),AMD(NASDAQ:AMD), andIntel(NASDAQ:INTC), their total would still fall short of BTC’s colossal valuation. This staggering growth not only underscores the significant market confidence following Blackrock’s endorsement but also highlights Bitcoin’s expanding influence in the financial world. The waterfall effect is inevitable, with smaller yet substantial funds like Fidelity and Templeton following the same path.\nThe market is rarely wrong when it comes to pricing in announced future events, and today we are witnessing Bitcoin price reaching an all-time high right before its next halving, something we have never seen before. The euphoria over BTC surpassing 73,000 USD is clearly not the same as the euphoria at 69,000 USD during 2021, with a refreshed market and a declining path projection for the Fed funds rate. Furthermore, it\'s worth noting that Blackrock is now buying over 45 million USD of BTC daily.\nLooking at the past, we have seen the cryptocurrency market grow between 10x and 50x after each halving. And we are yet to see an approval for an Ethereum ETF, which Blackrock also presented.\nEthereum(CRYPTO:ETH)\xa0provides crucial blockchain infrastructure necessary for building applications for enterprises. Among the thousands of applications, we find Infura and Consensys, both owned byJ.P. Morgan(NYSE:JPM). So, it would not be too far-fetched to envision a scenario where Ethereum rises above the trillion-dollar market cap in the short to medium term, potentially leading its price to exceed 10,000 USD per ETH. In this case, we could witness a departure from the traditional crypto theory of capital migration, where money flows first into BTC, then into ETH, and subsequently into the high caps, low caps, and altcoins, respectively. This time, Ethereum might be charting its own, somewhat independent trajectory.\nOur analysis at Finanflix concludes that the Ethereum token is becoming increasingly deflationary as activity on its blockchain rises, consequently influencing DeFi behavior.\nAfter Ethereum’s brand and token experience a significant surge, we should expect much of the capital to migrate to DeFi protocols built on its blockchain. Initially, Ethereum\'s infrastructure will struggle to handle the massive increase in transactions, and that is when its Layer 2 protocols such asArbitrum(CRYPTO:ARB),Optimism(CRYPTO:OP), andPolygon(CRYPTO:MATIC), among others, will see a spike in activity. This will put upward pressure on their prices since these protocols\' tokens are necessary to pay fees, and all the money flowing from ETH will naturally gravitate first toward the nearest protocols in terms of use. Having previously seen price returns of over 1000%, we would not be surprised to witness a similar situation under these circumstances.\nA closer look at the decentralized applications (DApps) running on Ethereum could reveal price discovery events with UNI fromUniswap(CRYPTO:UNI), Ethereum’s leading decentralized exchange, surpassing 100 USD per token, orAAVE(CRYPTO:AAVE), Ethereum’s primary lending protocol, reaching 1000 USD.\nFinally, regarding the myriad of low-cap protocols like Verasity or Arkham, not to mention meme coins/altcoins, the potential returns are uncertain. We must remember that when the real bull market hits crypto, the market can become completely irrational.\nToday, the DeFi total value locked is back over 100 billion USD. But this time, the ecosystem is much more developed, the protocols are generating revenue, and the overall market conditions are unlike anything we\'ve seen before. This precedent is likely to elevate DeFi to new levels of validation and trust, and once this happens, we will be witnessing a truly different paradigm. The opportunity cost of skepticism in these times may just be too high.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleDeFi\'s New Dawn: Ethereum\'s Surge Sets Stage for Unprecedented Growthoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Crypto-mining revenues have jumped to a new all-time high of $78 million a day, according to Deutsche Bank.\n• The increase has closely followed bitcoin\'s rally, with the crypto repeatedly setting fresh records.\n• Miners are investing in new equipment ahead of bitcoin\'s halving event in April.\nBitcoin\'srecord-breaking spree is spurring windfall profits for cryptocurrency miners, with industry revenues reaching all-time highs, Deutsche Bank said in a research note.\nOn Monday, daily mining revenue hit a new peak of $78 million a day, climbing in unison with the ongoing bitcoin rally. That same day, the token surged past a$72,000 recordthreshold, though analysts expect even higher price levels this year.\nDriving the rebound is Wall Street\'s emerging embrace of the asset, with 11 spot bitcoin ETFs launched in mid-January. The success of these funds is spurring even more institutions to jump into the race, includingWells Fargo and Merrill.\nOther tailwinds are yet to come, and include regulatory changes, loosening monetary policy, and the highly anticipated halving, Deutsche said.\nThe latter, a four-year event that reduces the amount of bitcoin awarded to successful miners, is pushing firms to acquire new capital. Since February 2023, 13 firms have invested $1 billion in specialized computers and equipment, meant to boost operations.\nIt\'s crucial that miners invest in such upgrades, as halving cycles often cut into profit-taking, leading to firm fallout and consolidation.\n"The last halving took place in May 2020, reducing the miner reward from 12.5 to 6.25 bitcoins per block. Miners saw their profits significantly reduced overnight. Many were forced to shut down outdated rigs that became unprofitable to operate," Deutsche wrote.\nThe next halving is scheduled for April of this year, and will reduce awarded bitcoins to just 3.125. Fierce competition is already evident in rising bitcoin energy consumption, which rose to its highest since September 2022 in annualized terms, the bank said.\nBut for bitcoin investors, the halving cycle should enflame the price rally.\n"In the 30 days prior to the November 2012 halving, prices rose by 5%. A more substantial 13% gain was seen ahead of the July 2016 event. Most recently, there was a sizable 27% price increase in the month before the May 2020 halving," it wrote.\nThe token\'s higher prices could actually mean that miners have to sell less of acquired bitcoin to achieve the same profitability, Standard Chartered analyst Geoff Kendrick pointed out last year. This means that firms couldsell even less of the asset, diminishing supply and causing bitcoin to surge even higher.\nIn his latest forecast, he expects bitcoin to rise to$100,000 before 2024\'s end, boosted by inflows to the ETFs.\nRead the original article onBusiness Insider', '• US stocks traded relatively flat on Wednesday as traders looked ahead to fresh inflation data.\n• The producer price index, a measure of wholesale inflation, is set to roll out on Thursday.\n• The data point could help determine the pace of interest rates cuts later in 2024.\nUS stocks ended mixed on Wednesday, with major benchmark indexes mostly flat as investors eyed upcoming economic data.\nMarkets are waiting on the producer price index, a measure of wholesale inflation, and initial jobless claims to roll out Thursday morning. Traders are also eyeing the release of February retail sales to give a picture of how consumers are faring. Expectations are for retail sales to have increased 0.8% month-over-month, after notching a decline by that amount in January.\nFebruary consumer inflation data this week came in slightly hotter than expected, with consumer prices rising 3.1% last month, according to the Bureau of Labor Statistics.\n"Investors perhaps became overly optimistic about the downtrend in inflation in Q4. Q1 is merely payback," TS Lombard strategists said in a note on Wednesday. "Opinions differ within the team, but we think disinflation still has a little further to go," the note added.\nDespite signs of a robust economy, some investors are anticipating aggressive rate cuts from the Fed later this year. Markets are pricing in 43% chance central bankers could slash rates by 100 basis points or more by December, per theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,165.35, down 0.19%\n• Dow Jones Industrial Average: 39,044.17, up 0.1% (+38.68 points)\n• Nasdaq Composite: 16,177.77, down 0.54%\nHere\'s what else is going on today:\n• People rebuffing recession calls make theoutlook for the economy "dangerously" similar to 2007, according to SocGen\'s Albert Edwards.\n• Rising unemployment is the biggest threat to a soft landing, Nobel laureate Paul Krugman said.\n• Nvidia stock isn\'t even that expensiveat a $2 trillion valuation, according to Bank of America.\n• Crypto miners are pulling in more money than everas bitcoin shatters records.\n• Bearish sentiment on Tesla stock is overdone, according to Wedbush strategists.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 2.8% to $79.87 a barrel.Brent crude, the international benchmark, rose 2.6% to trade at $84.18 a barrel.\n• Goldticked higher 0.2% to $2,163.40 per ounce.\n• The 10-year Treasury yield rose three basis points to 4.19%.\n• Bitcoinjumped 2.3% to $73,220.\nRead the original article onBusiness Insider', "The NFT market appears to be experiencing a sell-off recently, with the price floors of several leading collections dropping significantly in the past week. Major collections like Bored Ape Yacht Club and Pudgy Penguins have seen declines of 37% and 24% respectively, while the broader market sentiment remains subdued.\nThe price floor refers to the lowest asking price for an NFT within a collection, and its decline suggests a decrease in overall demand. This trend is particularly evident among collections minted on the Ethereum blockchain, where February's total NFT trading volume fell over 10% compared to January.\nThis slowdown extends to the revenue generated by major NFT marketplaces. OpenSea, X2Y2, and LooksRare, all saw a significant drop in combined monthly revenue between December and February.\nHowever, Bitcoin Ordinals collections are experiencing a spike in activity. The NodeMonkes collection saw a 65% price floor increase in the past week. This could be due to a number of factors, including an increase in demand for Bitcoin Ordinals and the price of Bitcoin breaking past all-time highs.", 'SINGAPORE,March 14, 2024/CNW/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first nativeBitcoincross-chain protocol that leverages Discreet Log Contracts (DLCs) to enableBitcointo be used inDeFiprotocols while being held in self-custody wallets.\nDLC.Link is a groundbreaking project that aims to bring the power and innovation ofDeFito theBitcoinecosystem without compromising on security, decentralization or user experience. DLC.Link partners with institutions (called "dlcBTC Merchants")\xa0 to mint dlcBTC, adecentralizedwrappedBitcoin. Unlike other forms of wrappedBitcoin, dlcBTC does not requireBitcoindeposits to be held with a custodian or bridged to a separate blockchain.\nTo mint dlcBTC,Bitcoindepositors "self-wrap" by locking their collateral into a DLC which can only pay out to the original depositor. Thus, dlcBTC provides a "theft-proof" protocol, in thatBitcoindeposits cannot be lost through hacks, theft orfraud. Furthermore, since only the original depositor can retrieve funds, dlcBTC is more resistant to censorship than current forms of wrappedBitcoin.\nUnlikeBitcoinL2s or sidechains, which require additional modifications toBitcoin, support for DLCs was added inBitcoin\'s Taproot upgrade. This means that DLCs can leverage the security, liquidity and network effects ofBitcoin, while bridging toDeFiprotocols onEthereumwithout requiring separate validator nodes. Instead, DLC.Link provides a network of DLC Attestors runningEthereumvalidators, provided by popular node operators such as OKX, HashKey Cloud, Republic, P2P, Dextrac and others.\nAki Balogh, co-founder of DLC.Link, said: "wBTC has reached Top 15 token status, despite its centralized custody model. In contrast, dlcBTC is the only wrappedBitcointhat is minted from self-custody. DLCs, which were added toBitcoinin 2021, enable a theft-proof wrapping mechanism without the need to introduce a bridge or L2 chain. dlcBTC will boost the adoption ofBitcoininDeFiand has the potential to become a Top 10 token."\nDora Yue, founder of OKX Ventures, said: "DLC.Link is a pioneering project aimed at bringing the power and innovation ofDeFito theBitcoinecosystem, without compromising security, decentralization, or user experience. We are pleased to support the vision and mission of DLC.Link. OKX Ventures believes that DLC.Link will unlock more value and potential withinBitcoin, and create a more open, inclusive, anddecentralizedfinancial system."\nTo learn more about DLC.Link,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nAbout DLC.Link\nDLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a trustless bridge betweenBitcoinandEthereum. This spring, DLC.Link will launch dlcBTC, enabling depositors to self-wrap theirBitcoinforDeFionEthereumwhile retaining full custody of their assets. This innovation transformsBitcoin\'s role inDeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty.\nFor more details, visitwww.dlc.link\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-announces-investment-in-dlclink-the-first-native-bitcoin-defi-protocol-302088934.html\nSOURCE OKX Ventures\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/March2024/14/c1353.html', 'SINGAPORE,March 14, 2024/CNW/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first nativeBitcoincross-chain protocol that leverages Discreet Log Contracts (DLCs) to enableBitcointo be used inDeFiprotocols while being held in self-custody wallets.\nDLC.Link is a groundbreaking project that aims to bring the power and innovation ofDeFito theBitcoinecosystem without compromising on security, decentralization or user experience. DLC.Link partners with institutions (called "dlcBTC Merchants")\xa0 to mint dlcBTC, adecentralizedwrappedBitcoin. Unlike other forms of wrappedBitcoin, dlcBTC does not requireBitcoindeposits to be held with a custodian or bridged to a separate blockchain.\nTo mint dlcBTC,Bitcoindepositors "self-wrap" by locking their collateral into a DLC which can only pay out to the original depositor. Thus, dlcBTC provides a "theft-proof" protocol, in thatBitcoindeposits cannot be lost through hacks, theft orfraud. Furthermore, since only the original depositor can retrieve funds, dlcBTC is more resistant to censorship than current forms of wrappedBitcoin.\nUnlikeBitcoinL2s or sidechains, which require additional modifications toBitcoin, support for DLCs was added inBitcoin\'s Taproot upgrade. This means that DLCs can leverage the security, liquidity and network effects ofBitcoin, while bridging toDeFiprotocols onEthereumwithout requiring separate validator nodes. Instead, DLC.Link provides a network of DLC Attestors runningEthereumvalidators, provided by popular node operators such as OKX, HashKey Cloud, Republic, P2P, Dextrac and others.\nAki Balogh, co-founder of DLC.Link, said: "wBTC has reached Top 15 token status, despite its centralized custody model. In contrast, dlcBTC is the only wrappedBitcointhat is minted from self-custody. DLCs, which were added toBitcoinin 2021, enable a theft-proof wrapping mechanism without the need to introduce a bridge or L2 chain. dlcBTC will boost the adoption ofBitcoininDeFiand has the potential to become a Top 10 token."\nDora Yue, founder of OKX Ventures, said: "DLC.Link is a pioneering project aimed at bringing the power and innovation ofDeFito theBitcoinecosystem, without compromising security, decentralization, or user experience. We are pleased to support the vision and mission of DLC.Link. OKX Ventures believes that DLC.Link will unlock more value and potential withinBitcoin, and create a more open, inclusive, anddecentralizedfinancial system."\nTo learn more about DLC.Link,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nAbout DLC.Link\nDLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a trustless bridge betweenBitcoinandEthereum. This spring, DLC.Link will launch dlcBTC, enabling depositors to self-wrap theirBitcoinforDeFionEthereumwhile retaining full custody of their assets. This innovation transformsBitcoin\'s role inDeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty.\nFor more details, visitwww.dlc.link\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-announces-investment-in-dlclink-the-first-native-bitcoin-defi-protocol-302088934.html\nSOURCE OKX Ventures\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/March2024/14/c1353.html', "GDP figures for January today raised hopes that the UK is on its way out of recession.\nThe latest print underpinned another decent session for London shares after yesterday’s 1% bounce by the FTSE 100 index.\nToday’s corporate developments included results by Metro Bank and Gym Group, with the latter’s revenues above £200 million for the first time.\nOn Wall Street, shares have slipped back after record highs yesterday, with 2024’s centre of attention Nvidia among the fallers.\n• UK on course for recession exit\n• Zara owner's profits soar\n• UK-Texas trade deal unveiled\n• Gym Group revenues top £200m\nWednesday 13 March 2024 16:53,Daniel O'Boyle\nTomorrow, attention will turn to Deliveroo, as it aims to turn its first full-year profit.\nResults\nJohn Lewis, Savills, Vistry, Deliveroo, Bridgepoint, OSB\nTrading updates\nMoonpig, Trainline, IG, Halma\nEconomics\nUS jobless claims\nIEA oil market report\nWednesday 13 March 2024 16:36,Daniel O'Boyle\nThe FTSE 100 closed at 7772.2 today , up 03x%, as it continues its strong week.\nIt’s the highest close for London’s top flight since May 2023.\nMiners Antofagasta and Glencore led the risers amid a commodities surge.\nFallers included Vodafone and JD Sports.\nWednesday 13 March 2024 16:20,Daniel O'Boyle\nJeremy Hunt has said his ambition to scrap national insurance contributions will not happen in the next Parliament.\nThe Chancellor used his Budget earlier this month to set out a 2p cut in national insurance from April with a vague promise to deliver a simpler tax system by eventually getting rid of it altogether.\nGiving evidence to the Treasury Committee on Wednesday, the Chancellor said: “It won’t happen in one Parliament, but it’s a long-term ambition.\nRead more here\nWednesday 13 March 2024 15:57,Daniel O'Boyle\nCommenting on the US Dollar under Trump, Philippe Miller, Senior Associate at Validus Risk Management, said: “ What will a second Trump term look like? On the surface, his policies appear more populist and nationalist than in 2016. Key proposals include adding a 10% tariff on all imports coming into the US, adopting a 4-year plan to fully phase out all Chinese imports of essential goods, and stopping the flow of illegal immigrants into the US.\n“Over a longer-term horizon, the risks are greater to the downside for the Greenback. With Trump’s plans to increase the debt deficit to fund his agenda, market participants could lose confidence in the USD and its status as global reserve currency.”\nRead more on the American election here\nWednesday 13 March 2024 15:18,Daniel O'Boyle\nGoogle has started the rollout of restrictions on what kind of election-related questions its AI chatbot Gemini will answer as it tries to prevent the spread of fake news during a year when billions of people will vote worldwide.\nThe technology giant said that users in India will be restricted as to what they can ask Gemini, or at least what types of questions it will provide responses to.\nIt is part of the company’s efforts to ensure that misinformation and disinformation is limited in a year when according to the Centre for American Progress more than two billion people in 50 countries will head to the polls.\nRead more here\nWednesday 13 March 2024 15:10,Daniel O'Boyle\nThe FTSE 100 has found more positive momentum today, building on its big Tuesday gains.\nTake a look at our full market snapshot:\nWednesday 13 March 2024 14:52,Daniel O'Boyle\nShell is on the brink of revealing the latest pay package for its CEO, at a time of public concern over sky-high returns for investors and industry executives after high energy prices stoked the cost-of-living crisis.\nThe UK’s biggest energy firm and the second most valuable member of the FTSE 100 is due to publish its annual report tomorrow. It will include details on the remuneration of Wael Sawan, who became chief executive at the start of last year on an annual salary of £1.4 million.\nThere has been speculation among campaign groups that Sawan’s total pay package could amount to between £8 million and £10 million.\nRead more here\nWednesday 13 March 2024 14:12,Daniel O'Boyle\nMiners are among the top risers on the FTSE 100 today, thanks to a surge in the price of a number of key metals.\nBut Adam Vettese, analyst at investment platform eToro, says that there is a risk the higher prices lead to stickier inflation, forcing interest rates to stay higher for longer.\nHe says: “The FTSE 100 was little changed in afternoon trading on Wednesday, despite advances for several major commodity-related components. Glencore, one of the world’s biggest marketers of oil, led the index, rising 3%, as the oil price pushed higher. Copper miner Antofagasta improved by more than 2%, while Anglo American, the world's largest platinum producer, rose 1.5%, alongside a rebound in the price of platinum.\n“Firmer commodity prices in conjunction with yesterday’s hotter-than-expected US inflation data could put a further bump in the road for central bankers. Both the Fed and the BoE make monetary policy decisions next week and although neither are expected to cut rates yet, the incoming data does not yet make much of a case for a cut in May either.”\nWednesday 13 March 2024 14:04,Daniel O'Boyle\nUS stocks have eased off their record highs today in early trading on Wall Street.\nThe S&P 500 is down 0..1% at 5168, though that leaves it up 9% for the year.\nMegacap index the Dow Jones is approaching record territory again, however, up 0.2% to 39,071.23. But the tech-focused Nasdaq is down 0.7% at 16,148.15.\nBig risers on Wall Street include 3M,, Estee Lauder and Haliburton. Fallers include Nvidia, Tesla and McDonald’s.\nWednesday 13 March 2024 13:30,Daniel O'Boyle\nTake a look at today’s market snapshot as Bitcoin’s surge goes on\nWednesday 13 March 2024 13:14,Daniel O'Boyle\nThe US’ main stock index is expected to hover near record levels when trading opens on Wall Street this morning.\nS&P 500 futures are steady at 5,189.75, after traders shrugged off hot inflation figures yesterday.\nDow Jones futures are up 0.1% at 39,238.00 while Nasdaq futures are down 0.3% at 18,241.25 with Tesla and Nvidia among those taking a step back.\nWednesday 13 March 2024 12:57,Daniel O'Boyle\nSales of the new Nothing Phone 2a have already topped 100,000 just hours after it went on sale in signs the London-based smartphone designer has gained a major foothold in the market.\nThe device, which retails at £319, was launched yesterday as a cheaper alternative to the higher-spec Nothing Phone 2 and aims to lure customers away from mid-market rivals and dominant industry players like Samsung in search of lower prices.\nRead more here\nWednesday 13 March 2024 12:49,Daniel O'Boyle\nSupermarket chain Morrisons made a loss of more than £1 billion last year, driven by soaring debt financing costs.\nThe Bradford-based retailer, which was bought for £7 billion by US private equity firm Clayton, Dubilier & Rice (CD&R) in 2021, reported the heavy loss for the year to October 29 in freshly filed Companies House accounts.\nThe £1.09 billion pre-tax loss came after the company recorded a £1.52 billion loss in the previous year.\nRead more here\nWednesday 13 March 2024 12:19,Daniel O'Boyle\nCity expectations on the timing of the first rate cut from the Bank of England were hardening around June today after latest GDP data showed the sickly UK economy only slowly recovering from recession at the start of the year.\nMost analysts believe that the Bank’s Monetary Policy Committee (MPC) will not sanction the start of the rate cutting before then because of the risk of stoking up prices and wages again before inflation is fully conquered.\nHowever, leaving it much later would threaten to undermine the UK’s revival from recession. The Bank’s rate has been at 5.25% since last August when the last of 14 consecutive hikes was ordered by the MPC to rein in an inflation boom triggered by severe post-pandemic supply constraints and the energy price explosion caused by the war in Ukraine.\nRead more here\nWednesday 13 March 2024 11:42,Michael Hunter\nThe head of the City’s main market watchdog warned this morning that workers may still not be saving enough for retirement.\nNikhil Rathi, CEO of the Financial Conduct Authority, said there were “significant gaps” in pension provision and some pots may not “deliver the value and returns needed for an adequate retirement”.\nEven after the “success” of auto-enrolment into workplace pensions, Rathi said:\n“Most of us are still not saving enough or engaging early enough with our pensions’ investments.\n“Whatever the route to improving this and this is challenging as we come through of a cost-of-living squeeze, addressing the adequacy of savings is vital.\xa0“\nOne way of doing that is combining any proliferation of pension savings into one “pot for life”, as flagged in Chancellor Jeremy Hunt’s recent Budget\nThe FCA is consulting on ways to make sure pensions providers are transparent on costs and returns.\n“The aim is to protect consumers from having their pension savings eroded by languishing in underperforming schemes,” Rathi said.\nWednesday 13 March 2024 11:35,Daniel O'Boyle\nAt 7am a year ago today, HSBC swooped in and rescued Silicon Valley Bank UK following the dramatic collapse of its US parent, buying it for £1.\nIt was the culmination of days of horror for Britain’s tech sector. Scores of startups and scaleups suddenly faced losing their bank accounts – their only bank accounts, for many. One founder told me his family were in tears as he geared up to shut the business he spent years building – he didn’t have the funds to pay his own staff, let alone suppliers and contractors.\nAnd so it was a huge sigh of relief when HSBC saved the day. And it reflected well on the government that Chancellor Jeremy Hunt worked through the weekend and into the wee small hours of Monday morning to get a deal over the line. The tech community felt valued.\nBut SVB UK still had questions to answer.\nRead more here\nWednesday 13 March 2024 10:47,Daniel O'Boyle\nShares in Direct Line are down almost 10% as it said it rejected a takeover bid from Belgian firm Ageas.\nThe board also quashed hopes that a future offer could be rejected, saying they were happy as a standalone business.\nAgeas, which had already made a previous approach, followed up with the insurer over a 237p-per-share offer.\nThe firm said: “The Board considered the latest proposal with its advisers and continues to believe the latest proposal is uncertain, unattractive, and that it significantly undervalues Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the latest proposal.\n“The board is confident in Direct Line Group's standalone prospects.”\nDirect Line shares are down 10% to 204.2p today.\nWednesday 13 March 2024 10:23,Graeme Evans\nThe FTSE 100 index is up 14.11 points to 7761.92, led by Glencore after Deutsche Bank restored its “buy” stance with a 540p target price.\nShares rose 7.6p to 407.55p as the bank said there’s a good chance Glencore will again become the leading cash generator in the mining sector, with a potential $2-3 billion top-up shareholder cash return possible in the next year.\nGlencore’s performance bucked an otherwise poor session for mining stocks as Rio Tinto lost 51.5p to 4862.5p and silver firm Fresnillo reversed 9.4p to 454.9p.\nThe FTSE 250 index improved 39.5 points to 19,604.71, with infrastructure projects specialist Balfour Beatty the standout performer.\nThe Hinkley Point C tunnelling firm advanced 8% or 27.4p to 367.2p after annual profits of £261 million came in slightly ahead of City forecasts.\nIt also announced a £100 million shares buyback and sounded an optimistic tone on the market outlook.\nAnalysts at Peel Hunt described the shares as “materially undervalued” after reiterating their “buy” stance and 460p target price in the wake of the results.\nAmong other mid-caps, promotional products firm 4imprint fell 23p to 5827p after reporting a 36% rise in annual profits and a steady start to 2024 trading.\nWednesday 13 March 2024 10:13,Daniel O'Boyle\nKeywords Studios, the London-listed firm that offers services to video game and film studios, saw shares climb this morning on hope that it could take advantage of the entertainment sector’s rebound after a “difficult” 2023.\nThe business saw profits fall by almost 50% to €34 million as film production was slowed by Hollywood strikes while the game sector struggled with a sales slowdown that prompted many studios to slash jobs. One highlight for the firm in an otherwise tough year was the acquisition of movie marketing firm Digital Media Management, which led the campaign to promote the smash-hit Barbie film online.\nInvestors looked past the short-term challenges and were encouraged by CEO Bertrand Bodson’s long-term revenue target of €1 billion (£854 million).\nBodson said that Keywords would benefit as both Hollywood and gaming recover, and could take advantage of the “convergence” between the two sectors.\nThe shares jumped by 13.1% to 1549.5p, but that still leaves them down 46% over the past year.\nWednesday 13 March 2024 09:41,Daniel O'Boyle\nThe UK is set to sign an agreement on closer trade co-operation with Texas as the Government continues to pursue state-level deals in the absence of a wider free trade agreement with the US.\nTrade Secretary Kemi Badenoch and Texas Governor Greg Abbott are expected to formally sign the agreement in Westminster on Wednesday.\nThe agreement is not a trade deal, because individual US states do not have the power to sign these, but is similar to a memorandum of understanding designed to improve co-operation between businesses in Britain and Texas and tackle regulatory barriers to trade.\nRead more here\nWednesday 13 March 2024 08:50,Daniel O'Boyle\nThe FTSE 100 is flat this morning, hovering near the nine-month high it hit yesterday.\nTake a look at our market snapshot.\nWednesday 13 March 2024 08:40,Graeme Evans\nFlutter Entertainment is the best performing FTSE 100 stock after analysts at JP Morgan backed the gambling group with a much higher target price.\nShares in the Paddy Power and Betfair firm rose 2% or 335p to 17,550p after the City bank’s upgrade to 21,300p from a previous estimate of 16,300p.\nIn contrast, rival Entain fell 11p to 751.4p as JP Morgan reduced its target price to 910p alongside a new “neutral” recommendation.\nThe FTSE 100 index was unchanged at 7747 after yesterday’s 1% rise, with other risers including Glencore after Deutsche Bank restored its “buy” stance. Shares in the mining giant rose 4.85p to 404.8p.\nIn the FTSE 250 index, Balfour Beatty shares jumped 9% or 31.4p to 371.2p after results came in ahead of expectations and the infrastructure firm also announced plans for a £100 million buyback of shares.\nWednesday 13 March 2024 08:37,Daniel O'Boyle\nThe Office for National Statistics (ONS) on Wednesday said that the dominant services sector led the economy out of the mild recession of the second half of last year.\nThe figure was in line with City expectations and is unlikely to impact forecasts that the first interest rate cut from the Bank of England will come in June.\nAlthough welcome it was only second increase in GDP in the past seven months underlining how the UK economy is struggling to gain any forward momentum. Services output, which accounts for around 80% of the total, grew by 0.2% in the month. A bounce back on the high street was a major contributor with retail sales growing 3.4% after a dismal Christmas.\nRead more on the rise in GDP here\nWednesday 13 March 2024 08:00,Daniel O'Boyle\nZara owner Inditex saw profits soar to almost €7 billion as the Spanish-founded chain continues to dominate while many rivals in the fast-fashion sector struggle.\nThe business reported sales just short of €36 billion, figures that keep Inditex on top of the low-cost fashion world, as it fends off the challenge of cheaper Chinese rival Shein - which has been looking at a possible blockbuster London stock listing.\nBusinesses such as H&M and the UK’s ASOS and Boohoo have struggled to keep up the same momentum against Shein’s rise.\nCEO Oscar Garcia Maceiras said: Inditex’s performance in 2023 has been excellent.”\nThe firm upped its dividend by 28%.\nWednesday 13 March 2024 07:56,Michael Hunter\nMetro Bank has underlined its commitment to its branch network as it returned to annual profit for the first time in five years.\nBut it will also reduce costs by “a further £30 million” on an annualised basis by the end of 2024.\nIt took on established banks when it launched in 2010 as the the first new high street lender in 100 years. But it teetered on the brink of collapse last year, before a £925 million rescue deal from its existing backers.\nToday, it said its capital position was “secured” with maturities on its debt extended “to 2028 or beyond”.\nIt reported an annual profit for the first time since 2018, of £30.5 million.\nIt also said it was on course to “deliver £50 million of annualised cost savings in Q1 2024”. Around 1,000 jobs have already been lost, over a fifth of its staff, with the departures due “before mid-April”.\nBut it also said today that it remained committed to its branches, saying it would be “opening new stores in the North of England”.\nWednesday 13 March 2024 07:27,Simon Hunt\nThe Gym Group revenues topped £200 million for the first time in 2023, the firm revealed today, as cost-of-living pressures helped the low-cost operator attract more members.\nSales climbed 18% on the previous year as membership numbers rose to 909,000 by the end of February, up 9% on the end of 2023.\nThe Gym Gym said it was eyeing further expansion, opening another 10-12 sites by the end of the year.\nLosses fell from £19.4 million to £5.5 million.\nCEO Will Orr said: “Over the next three years, we aim to strengthen the performance of our core business and accelerate The Gym Group site rollout. There continues to be substantial headroom for low cost gyms in the UK.”\nWednesday 13 March 2024 07:26,Daniel O'Boyle\nRuth Gregory, Deputy Chief UK Economist at Capital Economics, says the latest GDP figures suggest the UK may already be out of recession. We won’t find for certain until the official first-quarter GDP numbers come out May, however.\nShe said: “The news that the economy expanded by 0.2% m/m in January (consensus and CE forecast 0.2% m/m) suggests the UK economy may already have moved out of recession and implies there is some upside to our 2024 GDP growth forecast of 0.0%.\nHowever, she added that the recovery in January was not broad-based. Retail and housebuilding performed extremely well, enough to push the entire economy into growth, but other sectors struggled.\nShe added: “We already knew that the retail sector had expanded strongly in January. That helped to drive a 0.2% m/m rise in services output. But construction output also rebounded by 1.1% m/m after a weak December. That said, elsewhere the figures were more disappointing. Output in the industrial sector fell by 0.2% m/m (mainly due to a fall in mining and quarrying activity). And further strike action (in total 203,000 working days were lost to strikes in January versus 108,000 in December) dampened output in the transport, health and film/TV production sectors.”\nWednesday 13 March 2024 07:20,Daniel O'Boyle\nWhat does the latest GDP reading mean for interest rates? Suren Thiru, Economics Director at ICAEW, says it continues to bolster the case for a summer rate cut.\nThiru said: “While these figures suggest the UK is on track to exit recession this quarter, the squeeze from high interest rates and persistent labour shortages may mean that the recovery is more downbeat than the OBR is predicting.\n“This data won’t alter the expectation that interest rates will remain on hold this month. With the economy struggling and inflation slowing, the case for loosening policy by the summer is growing.”\nWednesday 13 March 2024 07:11,Graeme Evans\nThe FTSE 100 index is poised for a solid session after rising 1% yesterday as global markets rallied in the face of hot US inflation figures.\nThe reading of 3.2% failed to dent Wall Street expectations that the US Federal Reserve is on course to cut interest rates by June.\nThe S&P 500 index rose 1.1% to set a new record high, a performance powered by Magnificent Seven stocks as chip heavyweight Nvidia rallied by 7%.\nAsia markets failed to build on the momentum as the Hang Seng index followed yesterday’s 3% surge with a flat performance and the Nikkei 225 drifted 0.3%.\nAccording to IG Index, futures markets show that the FTSE 100 index will open about ten points higher at 7757.\nWednesday 13 March 2024 07:07,Daniel O'Boyle\nRetail and housebuilding, two sectors that struggled in December, helped lead the rebound in January.\nONS Director of Economics Statistics Liz McKeown said: “The economy picked up in January with strong growth in retail and wholesaling. Construction also performed well with housebuilders having a good month, having been subdued for much of the last year.\n“These were partially offset by falls in TV and film production, lawyers and the often-erratic pharmaceutical industry.\n“Over the last three months as a whole, the economy contracted slightly.”\nWednesday 13 March 2024 07:05,Daniel O'Boyle\nAfter the rise in GDP, Jeremy Batstone-Carr, European strategist at Raymond James Investment Services, said there are signs that the recovery will continue. If the economy doesn’t reverse course in the next two months, the UK will be out of recession.\nHe said: “This economic revival has been brought by a rebound in retail sales, and forward-looking indicators confirm that the economy will continue to brighten in the months to come.\n“The retail sector’s bounce back has proved sufficient to offset stagnation in other parts of the economy, notably industrial production and manufacturing output. The retail sector has also counteracted strikes by junior doctors and rail workers which dampened activity in the transport and healthcare sectors”\nWednesday 13 March 2024 07:02,Daniel O'Boyle\nUK GDP rose by 0.2%, in a sign that the UK appears to be on its way out of a very short and shallow recession.\nThe rise in GDP was in line with market expectations.\nWednesday 13 March 2024 06:47,Simon Hunt\nGood morning from the Standard City desk.\nSlowly, painfully slowly, the heat is coming out of the labour market.\nBut will it cool off enough in time for the string of pre-election interest rate cuts that Rishi Sunak and Jeremy Hunt are counting on to shore up what is left of the Tory vote? Probably not.\nWorking on the assumption of an October polling day (Tory strategists are unlikely to want to be boxed into December of January, and November clashes awkwardly with the US Presidential election) that leaves five Monetary Policy Committee meetings until we all troop to the ballot boxes.\nMarch is way too early, May is in the mix, but more likely it will be June before rate setters make their move, after almost a year of the cost of borrowing stuck at 5.25%.\nThere are then further MPC meetings in August and September. Making the generous assumption of a quarter point cut at each one, that would trim rates to 4.5% by polling day.\nEnough to move the dial? It seems unlikely.\nHere’s a summary of our top stories from yesterday:\n• Wages still growing at an uncomfortably fast 6.1%in the November to January quarter putting a summer rate cut on a knife edge\n• Profits more than halved at major housebuilder Persimmonas number of homes built slumps by a third\n• CMA orders full investigation into vet sectorafter “unprecedented response” to its initial review to find out if pet owners are being ripped off\n• Domino’s eyes expansion to 2,000 UK storesand £2.5bn sales by 2033\n• Energy and commodities trading boosts revenues at City trading house TP ICAPto record £2.19 billion.\n• Pawnbroker H&T sees record lending in January, on top of high demand last year, as Brits continue to look for alternative sources of funds even as inflation eases\n• Nasdaq-listed AI biotech firm Recursion opens first European office in Kings Cross today, CEO tells the Standard it was the best hub for tech & bio talent they could find in Europe\n• And...why AI investors are getting impatient", '(Updates at 0855 GMT)\nBy Harry Robertson\nLONDON, March 14 (Reuters) - The dollar inched higher on Thursday as investors waited for U.S. economic data later in the day, while bitcoin rose to a record high above $73,800.\nThe dollar index, which gauges the currency against six major peers, rose 0.14% to 102.89.\nIt has largely shrugged off Tuesday\'s hotter-than-expected U.S. consumer inflation data and is roughly unchanged since the figures. The index is up around 1.5% this year as U.S. data has shown that the economy remains strong, causing investors to rein in their bets on rapid and deep interest rate cuts.\nData due at 1230 GMT (8.30 a.m. ET) - on producer inflation, retail sales and weekly jobless claims - could provide more clues about the timing of rate cuts.\n"Today\'s data in the U.S. will be quite important… in a quiet market en Last 60 Days of Bitcoin's Closing Prices: [41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-14 Financial & Commodity Data: - Gold Closing Price: $2163.00 - Crude Oil Closing Price: $81.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,395,143,493,100 - Hash Rate: 579720256.0482558 - Transaction Count: 329706.0 - Unique Addresses: 663447.0 Social & AI Sentiment: - Fear & Greed Index: 0.88 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Asset manager VanEck's spot bitcoin {{BTC}} exchange-traded fund (ETF) saw record daily inflows on Monday after cutting management fees to 0% for a year to make it more attractive. The VanEck Bitcoin Trust (HODL) attracted $119 million in fresh funds during the day, adding over 1,600 bitcoin, the most by a wide margin since its launch in January,datacompiled by BitMEX Research shows. VanEck lowered the management fee from 0.2% until March 31, 2025, unless it reaches $1.5 billion in assets under management, making it more attractive in a fierce competition between the newly listed bitcoin ETFs. With Monday's inflows, VanEck's offering became the sixth-largest U.S.-listed spot bitcoin ETF, handling more than 6,000 BTC ($440 million) in assets under management and overtaking rivals Invesco (BTCO) and Valkyrie (BRRR), according to BitMEX data. Spot bitcoin ETFs have enjoyed a streak of strong inflows as the bitcoin price rallied past $72,000 to record highs. Monday brought almost $1 billion of inflows for the nine new offerings combined, more than compensating for $500 million of outflows from the incumbent Grayscale Bitcoin Trust (GBTC), BitMEX data show. Last week, digital asset fund inflowshit record high of $2.7 billion, with bitcoin products attracting $2.6 billion of all flows, CoinShares reported.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SAN SALVADOR (Reuters) -El Salvador will transfer "a big chunk" of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country\'s territory, President Nayib Bukele said on Thursday.\n"We\'ve decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," Bukele, who last month was re-elected to a second term as president, said in a post on X. "It\'s not much, but it\'s honest work."\nAccording to Bukele\'s social media account on Thursday, El Salvador\'s bitcoin portfolio is at close to $407 million.\nThe true size of the holdings remains unclear, but a recent rally in bitcoin values has reignited interest in the world\'s largest, if volatile, cryptocurrency.\nBitcoin on Thursday hit a record high of $73,800.\nIn September 2021, El Salvador became the first country in the world to establish bitcoin as legal tender, earning it harsh criticism. One of the strongest critics was the International Monetary Fund, which has been negotiating a large loan with the cash-poor country.\nBukele has also sketched plans for a tax-free crypto haven powered by geothermal energy from a volcano. As he prepares to enter his second term as president, ground has yet to be broken on this so-called Bitcoin City.\n(Reporting by Nelson Renteria; Writing by Sarah Morland; Editing by Anthony Esposito, Leslie Adler and Michael Perry)', 'Tesla Inc. CEO Elon Musk has been a fan ofDOGEfor some time. He first began discussing the project in 2019, whenhe posted on social media"Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nWhile this post did not have much impact on DOGE at the time, Musk continued posting about the token. He posted a meme about DOGE adoption in July 2020 that was captioned "It\'s inevitable."\xa0 After multiple years of posting, the token took off in 2021, reaching an all-time high of nearly $0.74.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\nIt\'s clear that Musk\'s opinion on the memecoin is valued in the crypto community, and the price of DOGE reacts to his comments.\nSo, it\'s no surprise that Musk\'s latest comments on DOGE made waves in terms of the token\'s price. Musk was in Germany this week, speaking at Tesla\'s gigafactory in Berlin, which recently reopened following anarson attack.\nDuring a Q&A, Musk was asked, "When will I be able to buy a Tesla with Dogecoin?" He replied, "At some point, I think we should enable that."\nMusk also detailed some of the reasons behind his endorsement of DOGE. "The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge. Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that you can buy Tesla merchandise with DOGE, so it has some systems in place to facilitate DOGE transactions.\nAnother important note is that Tesla accepted Bitcoin for purchases of Tesla cars for a short time in 2021. However, the program ended quickly, with Musk citing environmental concerns as the reason to stop accepting Bitcoin. This is important because DOGE is a fork of Bitcoin, meaning it uses the same method of consensus (proof of work) that Bitcoin uses, thereby posing the same environmental risks that Musk mentioned in 2021.\nThis means that electricity use could be a roadblock for DOGE in terms of the ability to use it to buy a Tesla car.\nDespite this, Musk\'s word should be taken at face value. DOGE reacted strongly, going from a low of $0.165 on the morning of March 14 to a high of $0.191, resulting in a gain of over 15%. The token sold off into the afternoon, but the sentiment is still largely bullish.Will dogecoin go upif Tesla were to begin accepting DOGE? Let’s say a $1 price target would not be out of the question.\nFor reference, a $1 DOGE would have a market cap of around $140 billion, approximately one-third that of Ethereum and one-tenth that of Bitcoin.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Breaks Silence On Dogecoin (DOGE): Is $1 Dogecoin Price Target Now Bearish?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged back toward the all-time high reached on Thursday.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app. For 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng slid more than 1%, as did South Korea\'s Kospi.\nMainland Chinese blue chips, however, were little changed, despite the central bank\'s decision to forgo any easing in keeping the medium-term lending facility rate unchanged on Friday.\nJapan\'s Nikkei eased 0.3%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.11% to 148.48 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08765, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin added 1.4% to $71,650, climbing back toward the record high of $73,192.79 from the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 32 cents, or 0.4%, to $80.94.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', 'Tesla Inc. CEO Elon Musk has long been a proponent of Dogecoin (DOGE),first postingabout the project in 2019, saying, "Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nAt the time, the project was still relatively unknown, so it took a handful of other posts and a larger crypto bull market for DOGE to truly take off. The token went viral,creating millionairesand making waves in the press. In 2021, the token reached an all-time high of $0.7376. While it sold off after that, it is starting to see a resurgence in 2024.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThis resurgence was fueled by comments Musk made earlier this week. The Tesla CEO was visiting the Berlin gigafactory, which recently reopened after anarson attack. During a Q&A, someone in the audience asked Musk when they could buy a Tesla with Dogecoin.\n"At some point I think we should enable that," Musk said. Musk then repeated the DOGE catchphrase "Dogecoin to the moon," which raised a cheer from the crowd.\nMusk also went into detail about why he began supporting and endorsing DOGE in the first place.\n"The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge," he said. "Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that Tesla merchandise can be bought with DOGE. This adds to the possibility that Tesla could begin accepting it for cars, as it already has systems in place to process DOGE transactions.\nThere is more context for crypto as a form of payment at Tesla. In 2021, Musk and Tesla began accepting Bitcoin as a form of payment on Tesla vehicles, butthe program was discontinuedwithin a few months. Musk cited environmental factors, saying, "Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel."\nThis is notable because DOGE is based on Bitcoin and uses most of its codebase. Practically, this means that DOGE uses the same consensus model as Bitcoin, so it also produces high emissions. While DOGE does not create emissions at the same scale as Bitcoin, it could still be a factor that Musk considers when taking a closer look at the potential for a DOGE-payment program.\nDespite the past discontinuation of Bitcoin payments, the market took Musks’ comments positively. DOGE was up 15% on the morning of March 14. It will be interesting to see whether Musk takes a deeper look at DOGE and if it can be used to buy a Tesla in the future.\nRead Next:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Says \'We Should Enable\' Dogecoin Payments For Teslaoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• MicroStrategy\'s use of leverage to build its bitcoin trove could deepen a downturn, JPMorgan said.\n• Microstrategy wants to acquire as much bitcoin as possible, founder Michael Saylor has said.\n• Mike Novogratz has warned that too much leverage fueling the bitcoin rally could spark a pullback.\nWhilebitcoinhas been smashing to new record highs, a future correction could be made worse by one bullish firm\'s massive exposure, JPMorgan said in a note.\n"We believe debt-funded bitcoin purchases byMicroStrategyadd leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future," analysts led by Nikolaos Panigirtzoglou wrote on Thursday.\nRising enthusiasm for the token has sent it soaring over $73,000 this week, as newly-formed spot bitcoin ETFs have opened doors to a fresh set of investors. Others are piling in ahead of next month\'s bitcoin halving, an event that historicallyboosts the price to new highs.\nBut according to JPMorgan, MicroStrategy played no small part in the rally, having essentially transformed itself into a leveraged bet on bitcoin.\nThe firm, founded by crypto bull Michael Saylor, has acquired a total of 205,000 bitcoins as of mid-March, a stash now valued at over $14 billion. Building up this trove has become a focal strategy for the company, as Saylor often touts plans toacquire as much bitcoin as possible.\n"It\'s the best investment asset. So the endgame is to acquire more Bitcoin," he recently toldYahoo Finance. "Whoever gets the most Bitcoin wins. There is no other endgame."\nAccording to JPMorgan, MicroStrategy has bought $1 billion of bitcoin this year, adding onto a similar $1 billion purchase in the fourth quarter. To finance these acquisitions, the company has used levered bitcoin investments, Saylor previously explained.\n"We use cheap capital — our average cost of capital is like 1.6%, or something in that range —\xa0 and the combination of leverage, and then offering our shareholders a yield," he said in August.\nNow, it\'s aiming to offer another $500 million of convertible-debt to keep buying up bitcoin, JPMorgan analysts wrote.\nToo much leverage in the bitcoin rally has sparked concern for other commentators as well. Though Galaxy CEO and crypto enthusiast Mike Novogratz generally forecasts the token to rise higher, that\'s not before acorrection to around $50,000.\nThat\'s as the new ETFs have attracted a slew of leverage-dependent retail investors, which isn\'t sustainable.\n"I think the market is too leveraged right now. It happens after huge runs," he toldBloomberg TVlate last month. "There will be a wash out. People can\'t sustain this much leverage."\nRead the original article onBusiness Insider', "Bitcoin's recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today. While it has since recovered to above $70,000, it remains below its all-time high of $73,700 reached yesterday.\nThe dip is attributed to a combination of factors, including concerns over rising inflation and potential selling pressure from Grayscale. Data from the Labor Department's Bureau of Labor Statisticsshowedthat consumer prices rose 0.4% last month, and 3.2% from last year, which is higher than expected. This has raised concerns that the Federal Reserve may not cut interest rates in May as anticipated, leading to a sell-off in digital assets and stocks.\nAdditionally, Grayscale has been moving a significant amount of Bitcoin to its custodian, Coinbase, potentially for selling. Arkham Intelligence data shows that Grayscale shifted around $400 million worth of Bitcoin to Coinbase today.\nGrayscale's selling pressure stems from investors redeeming their holdings in its Bitcoin Trust ETF, which was converted from a closed-end fund in January. This has led to increased supply of Bitcoin in the market, putting downward pressure on the price. Despite the Grayscale redemptions, net inflows for other Bitcoin ETFs have reached a record high, indicating continued investor interest in the cryptocurrency.", "Bitcoin's recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today. While it has since recovered to above $70,000, it remains below its all-time high of $73,700 reached yesterday.\nThe dip is attributed to a combination of factors, including concerns over rising inflation and potential selling pressure from Grayscale. Data from the Labor Department's Bureau of Labor Statisticsshowedthat consumer prices rose 0.4% last month, and 3.2% from last year, which is higher than expected. This has raised concerns that the Federal Reserve may not cut interest rates in May as anticipated, leading to a sell-off in digital assets and stocks.\nAdditionally, Grayscale has been moving a significant amount of Bitcoin to its custodian, Coinbase, potentially for selling. Arkham Intelligence data shows that Grayscale shifted around $400 million worth of Bitcoin to Coinbase today.\nGrayscale's selling pressure stems from investors redeeming their holdings in its Bitcoin Trust ETF, which was converted from a closed-end fund in January. This has led to increased supply of Bitcoin in the market, putting downward pressure on the price. Despite the Grayscale redemptions, net inflows for other Bitcoin ETFs have reached a record high, indicating continued investor interest in the cryptocurrency.", 'A UK court has ruled that Dr. Craig Wright is not the pseudonymous creator ofBitcoin, Satoshi Nakamoto. Wright has claimed to be the inventor of Bitcoin and has asserted copyright over the Bitcoin whitepaper. However, Judge James Mellor has dismissed these claims.\nWright\'s claims have been met with skepticism from the cryptocurrency community, and he has been involved in a legal battle with the Crypto Open Patent Alliance (COPA) and a group of Bitcoin Core developers since 2021. COPA, which is backed by Twitter CEO Jack Dorsey, has accused Wright of fraud and extortion. The trial, which concluded this week, began in a UK courtroom on February 5.\nIn his ruling, Judge Mellor stated: "I will make certain declarations which I am satisfied are useful and are necessary to do justice between the parties. First, that Dr Wright is not the author of the Bitcoin White Paper. Second, Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Third, Dr Wright is not the person who created the Bitcoin System. And, fourth, he is not the author of the initial versions of the Bitcoin software."\nPrior to the trial, Wright offered to settle the intellectual property case with COPA, but the organization publicly rejected the proposal.', 'Xverse, a leadingBitcoinwallet, has announced that it will support the upcoming Runes protocol, a new standard for fungible tokens on Bitcoin. Xverse has added testnet support for Runes, allowing users to interact with Runes tokens and apps on testnet. The wallet will support Runes on mainnet as soon as the protocol is deployed.\nRunes, developed by Ordinals protocol creator Casey Rodarmor, aims to provide a more efficient way to mint and transact fungible tokens on Bitcoin. The protocol is set to launch on Bitcoin\'s mainnet alongside the halving event in April.\n"We\'re very excited to be the first wallet that offers full support for the highly anticipated Runes protocol," said Xverse founder and CEO Ken Liao. "With this testnet support launch, builders can start testing their Runes apps and seed the growth of a new Bitcoin layer-1 ecosystem."\nThe BRC-20 token standard, which is built on top of the Ordinals protocol, has gained significant traction in the past year. However, it has faced challenges such as network congestion and inconsistencies between token indexers. Runes, on the other hand, claims to offer a more efficient and elegant solution. The protocol does not require an indexer and is designed to be more scalable than BRC-20.', 'Xverse, a leadingBitcoinwallet, has announced that it will support the upcoming Runes protocol, a new standard for fungible tokens on Bitcoin. Xverse has added testnet support for Runes, allowing users to interact with Runes tokens and apps on testnet. The wallet will support Runes on mainnet as soon as the protocol is deployed.\nRunes, developed by Ordinals protocol creator Casey Rodarmor, aims to provide a more efficient way to mint and transact fungible tokens on Bitcoin. The protocol is set to launch on Bitcoin\'s mainnet alongside the halving event in April.\n"We\'re very excited to be the first wallet that offers full support for the highly anticipated Runes protocol," said Xverse founder and CEO Ken Liao. "With this testnet support launch, builders can start testing their Runes apps and seed the growth of a new Bitcoin layer-1 ecosystem."\nThe BRC-20 token standard, which is built on top of the Ordinals protocol, has gained significant traction in the past year. However, it has faced challenges such as network congestion and inconsistencies between token indexers. Runes, on the other hand, claims to offer a more efficient and elegant solution. The protocol does not require an indexer and is designed to be more scalable than BRC-20.', 'Two US senators have called on the Securities and Exchange Commission (SEC) to halt the approval of any further crypto exchange-traded funds (ETFs), citing risks to retail investors. In aletterto SEC Chair Gary Gensler, Senators Jack Reed and Laphonza Butler expressed concerns about the potential for fraud and manipulation in the thinly traded markets for smaller cryptocurrencies.\n"Retail investors would face enormous risks from ETPs referencing thinly traded cryptocurrencies or cryptocurrencies whose prices are especially susceptible to pump-and-dump or other fraudulent schemes," the senators wrote.\nReed and Butler also urged the SEC to not allow the recent approval of spot Bitcoin ETFs to become a precedent for further approvals. They argued that while the Bitcoin market is more established and well-scrutinized, the markets for other cryptocurrencies are more vulnerable to misconduct. The senators also called for increased oversight of the already launched Bitcoin ETF products, including regulatory scrutiny of brokers and advisors.\nSome industry observers believe that the success of spot Bitcoin ETFs has upset some lawmakers on Capitol Hill. "The blockbuster success of the Bitcoin ETF is upsetting to high-ranking Dems. Buyer\'s remorse,"saidBloomberg ETF analyst Eric Balchunas.', 'SINGAPORE (Reuters) - Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on U.S. inflation dimmed prospects of early rate cuts there and dented demand for riskier assets.\nBitcoin fell more than 5% in the Asian session to bottom at $66,629.96, before paring some of its losses to last trade 3.5% lower.\nThe choppy moves in the world\'s largest cryptocurrency came a day after its charge to a high of $73,803.25, setting a new record for a fourth straight day.\n"Bitcoin has an established history of getting volatile and ruthless after hitting (a) record high," said Matt Simpson, senior market analyst at City Index.\n"And not only did it recently hit a new high, but it looks like the (Federal Reserve) won\'t be as dovish as traders had hoped."\nA slew of data out on Thursday showed that while U.S. retail sales rebounded less than expected in February, producer prices increased more than expected.\nThe releases came on the heels of U.S. consumer price data out earlier in the week that pointed to still-sticky inflationary pressures.\nMarkets reacted by paring the chances of a Fed easing cycle beginning in June, with futures now pointing to a roughly 60% chance of a rate cut that month, down from roughly 74% a week ago, according to the CME FedWatch tool.\nA higher-for-longer rates scenario, particularly in the United States, is typically bad for risk-sensitive assets such as crypto.\nStill, bitcoin remains nearly 60% higher for the year to date, helped by a crypto frenzy driven by flows into U.S. spot exchange-traded crypto products and as traders remain broadly focused on the prospect of global interest rates being lower by the year-end.\nIn a show of optimism over bitcoin\'s bull run, software firm MicroStrategy said it is planning to raise capital through a convertible bond offering to buy bitcoin for the second time in less than 10 days.\nThe company had on March 5 announced a $600 million private offering in convertible notes, as it looks to increase its exposure to the booming digital asset.\nSome experts say the news also contributed to bitcoin\'s volatile moves on Friday.\n"Unlike traditional stock markets, the crypto market lacks regulations that limit the impact of influential individuals or entities with concentrated holdings," said Joshua Chu, chief risk officer at Invess, an AI-enabled algo risk management financial engineering company.\n"This absence allows whales to make substantial trades that can trigger cascading effects and rapid price fluctuations, leading to heightened volatility."\nElsewhere, ether, the second-largest cryptocurrency, similarly touched a one-week low, and was last down more than 4% to $3,670.\n(Reporting by Rae Wee and Ankur Banerjee; Editing by Kim Coghill)', '(Updates prices at 0545 GMT)\nBy Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged away from an all-time high reached on Thursday, as risk sentiment took a hit.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app.\nFor 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng Index slid more than 2%, as did South Korea\'s Kospi, which fell 1.6%.\nMainland Chinese blue chips, were likewise bruised and edged 0.6% lower. China\'s central bank left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation on Friday.\nJapan\'s Nikkei eased 0.33%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.03% to 148.35 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08735, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin was last 4.6% lower at $67,417, having hit a record high of $73,192.79 in the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 18 cents, or 0.21%, to $85.24 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 17 cents, or 0.2%, to $81.10.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', '(Updated at 0615 GMT)\nBy Ankur Banerjee\nSINGAPORE, March 15 (Reuters) - The dollar was firm on Friday and set to snap a three-week losing streak after hotter-than-expected U.S. inflation data suggested a slight increase in the risk that interest rate cuts from the Federal Reserve may be delayed.\nThe yen was steady with traders on edge ahead of a Bank of Japan (BOJ) meeting next week where it could make a landmark shift away from its negative interest rate policy assuming Japan Inc offers bumper wage hikes as expected.\nBitcoin prices slipped away in volatile trade from a record high touched on Thursday as risk sentiment took a hit. It was last down 4.43% at $67,541.00.\nData on Thursday showed the U.S. producer price index for final demand rose 0.6% in February above the 0.3% rise economists had forecast. That came after figures on Tuesday showed consumer prices increased strongly for a second straight month in February.\nThe U.S. central bank is due to meet next week and while the market is not expecting any change in interest rates, investors will be closely watching for its interest rate forecast, or dot plot and comments from Fed Chair Jerome Powell.\nThe string of sticky inflation reports has led traders to dial back their expectations, with markets now pricing in 60% chance of the Fed cutting rates in June, compared to 74% a week earlier, according to the CME FedWatch tool.\nThe inflation data highlights "the risk that the last mile on taming inflation in the U.S. might not be as easy as progress made to date," said Ryan Brandham, head of global capital markets, North America, at Validus Risk Management.\n"It could give the Fed even more reason to push back the timing of any interest rate cuts in 2024."\nTraders are now pricing in 76 basis points of cuts this year, closer to the Fed\'s own projection in December which showed three rate cuts for 2024.\nThe dollar index, which measures the U.S. currency against six rivals, was 0.068% higher at 103.45, after rising 0.55% on Thursday. The index is on track for a 0.7% rise for the week, its first weekly gain in four.\nThe yield on 10-year Treasury notes eased 1.3 basis points to 4.285%, having gained as much as 10.6 basis points on Thursday.\nEYES ON BOJ\nThe yen was little changed at 148.32 per dollar and is on course for a 0.8% weekly decline, its steepest weekly decline since January.\nThe Bank of Japan is close to ending eight years of negative interest rate policy, with internal preparations for an exit in the works since Kazuo Ueda took office as BOJ governor in last year, sources familiar with the bank\'s thinking told Reuters.\n"A strong shunto wage outcome is widely seen as the last piece of the puzzle that will prompt the BOJ to unwind its ultra-easy monetary policy settings," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.\nPreliminary results of Japan\'s spring wage negotiations are due on Friday, with several of the country\'s biggest companies having already agreed to meet union demands for pay increases.\n"I think right now the market is converging on the idea that BOJ will move anyway, whether it\'s March or April," said Moh Siong Sim, currency strategist at Bank of Singapore.\nThe yen is up 1% against the dollar so far in March.\nAmong other currencies, the Australian dollar eased 0.18% to $0.6569, while the New Zealand dollar fell 0.53% to $0.6099.\nThe euro was down 0.04% to $1.0875, while sterling was 0.15% lower at $1.2735 ahead of Bank of England\'s policy meeting next week. Both currencies were loitering at their lowest in a week.\n(Reporting by Ankur Banerjee in Singapore; Editing by Lincoln Feast and Edwina Gibbs)', '• Senators Jack Reed and Laphonza Butler urge the SEC to block crypto ETPs, citing risks from poor disclosure and thin liquidity.\n• Coinbase’s Paul Grewal counters, highlighting ether’s high trading volume and crypto’s role in financial modernization.\nTwo Democrat Senators are urging the Securities and Exchange Commission (SEC) to block any further crypto exchange-traded products (ETPs) to protect retail investors from risks associated with poor broker disclosure and thin liquidity in major cryptocurrencies.\nSen. Jack Reed (D-R.I.) and Sen. Laphonza Butler (D-CA) write that a FINRA survey disclosed that 70% of brokers’ communications with retail investors violated fair disclosure rules.\n“Brokers’ communications falsely equated cryptocurrency with cash; in others, they provided misleading explanations of cryptocurrency’s risks,” they wrote. “These alarming deficiencies raise significant concerns that brokers and advisers may now provide incomplete and deceptive information about bitcoin ETPs to retail investors.”\nThe Senators also argue that by naming bitcoin exchange-traded funds as such, the name “obfuscates important characteristics about these investments.”\n“Retail investors should be made aware of how these ETPs differ from more common funds which they may have experience,” they said in the letter, writing that bitcoin is not subject to the same protections under the Investment Company Act of 1940 that ETFs which hold shares of various companies would have.\nThe two lawmakers also say that bitcoin {{BTC}} – which they call the most established and scrutinized cryptocurrency – is displaying weakness, and other cryptos are far more susceptible to misconduct.\n“We do not believe that other cryptocurrencies show the trading volumes or integrity to support associated ETPs,” they wrote. “Retail investors would face enormous risks from ETPs…whose prices are especially susceptible to pump-and-dump or other fraudulent schemes.”\n“Respectfully, Senators, the evidence points exactly the opposite way,” Coinbase chief legal officer Paul Grewal wrote in a post on X.\nGrewal pointed out that ether {{ETH}}, thought to be the next digital asset to have an ETF, has a higher trading volume than many S&P 500 stocks.\n“ETH’s spot market is deep and liquid,” he wrote. “Only one S&P 500 stock has lower adjusted bid-ask spreads,” Grewal added that Coinbase had addressed the senators’ concerns when it sent a 27-page comment letter to the SEC.\n“Crypto is an important building block in updating our financial system for everyone,” he concluded.', '(Updates prices at 0815 GMT)\nBy Naomi Rovnick and Kevin Buckland\nLONDON TOKYO, LONDON March 15 (Reuters) - Global stocks were set to end the week on a tepid note, following seven weeks of gains, after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nMSCI\'S global equity index was down 0.2% on Friday and flat for the week, following a strong rally for most of the first quarter of the year.\nThe dollar index, which measures the currency against the euro, yen and four other major peers, added 0.05% to 103.45, following a rally on Thursday, heading for its best week since January.\nThe mood turned cautions after a bigger-than-expected rise in producer prices in U.S. data on Thursday added to a hot consumer inflation reading earlier in the week.\nTraders have cut the odds of the U.S. Federal Reserve, the world\'s most influential central bank, cutting rates in June to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app.\nFor 2024, the market is now pricing in fewer than three rate cuts, down from three to four roughly two weeks ago and around seven late last year.\nU.S. benchmark bond yields, which influence the cost of debt globally, held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months.\nThis move pressured tech shares, with an index of these businesses in Europe 0.5% lower in early London dealings, following a similar slump in Asia and on Wall Street.\nTraders tend to cut tech holdings when they believe these high growth businesses may find it harder to borrow money to fund expansion or because high yields on bonds make speculative equities less appealing.\n"Price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThat, he added, was "raising the spectre of a potential air pocket ahead for the tech-driven rally".\nHong Kong\'s Hang Seng Index slid more than 2%, and South Korea\'s Kospi lost 1.9%.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday that masked a big drop in chip sector shares. Japan was in the global market spotlight, meanwhile, as speculation builds that the Bank of Japan could exit its ultra-dovish monetary policies at its two-day meeting ending next Tuesday (March 19).\nJiji news agency reported on Thursday that the BOJ had started to make arrangements to end its negative interest rate policy at the gathering.\nSources told Reuters that the central bank would debate the end of negative rates while the government also appeared to back a policy shift. Finance Minister Shunichi Suzuki said on Friday that the economy was no longer in deflation.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength, however, was overpowered by the resurgent dollar, which gained 0.2% to 148.6 yen, continuing its rebound from a low of 146.48 a week ago.\nThe euro extended Thursday\'s decline to $1.088, after hitting a two-month high of $1.0980 a week ago.\nElsewhere, oil prices succumbed to some profit taking, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and an increase in energy demand forecasts.\nBrent crude futures for May were down 18 cents, or 0.21%, to $85.24 a barrel. U.S. West Texas Intermediate (WTI) crude for April was down 17 cents, or 0.2%, to $81.10.\nBitcoin edged away from an all-time high reached on Thursday, as risk sentiment took a hit.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle and Mark Potter)', '• Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin. It allows users to create their own layer 2 networks and drives the value of its native BVM tokens.\n• Developers told CoinDesk that the team plans "juicy" airdrops for BVM stakers, which could fuel demand for the tokens.\nBitcoin Virtual Machine, a protocol founded late February, is gaining traction among traders betting on the general growth of the Bitcoin ecosystem, driving demand for its BVM tokens.\nData shows that the project’s BVM tokens have added 35% in the past 24 hours, beating a general market decline. TheCoinDesk 20 Index fell 5.3%in the same period. The tokens have surged to $3.5 from an intitial of 20 cents on March 8.\nThe project lets users spin up their own layer-2 networks on the Bitcoin blockchain. Bitcoin and Ethereum are known aslayer-1 protocols, and attempts to scale and expand them arelayer 2s. While the Ethereum ecosystem has had multiple layer 2 projects aimed at providing faster, cheaper transactions for years, the Bitcoin version really kicked off only in 2023 following the introduction of Ordinals technology.\nThe value propositions for the token are driven by staking rewards for BVM holders and a cut of fees generated by the service, developer @punk3700 told CoinDesk in a direct message interview on X.\n“We have 40%-50% circulating staked by our holders. Working on a few airdrop deals for BVM stakers,” @punk3700 said. “Some of them could be quite juicy.”\nOn Friday, the team said Naka Chain, a Bitcoin layer-2 build on BVM, will airdrop 10.5 million tokens to BVM token stakers. The airdrop is proportional to a user’s staked holdings and will be locked for three months.\nTokens based on the Bitcoin blockchain first started to emerge as an investment thesis in mid-2023, led by Ordinals technology and BRC-20 tokens.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April and allowed users to issue transferable tokens directly through the network for the first time. The tokens, called inscriptions, function on the Ordinals Protocol. That protocol allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions.\n@punk3700 previously told CoinDesk that bitcoin’s usage indecentralized finance(DeFi) applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that there’s a gap for wealthy bitcoin holders to use their assets on native applications, fueling the investment thesis.\nThe BRC-20 tokens have a cumulative $3.5 billion market capitalization as of Friday, CoinGeckodata shows.', '• Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin. It allows users to create their own layer 2 networks and drives the value of its native BVM tokens.\n• Developers told CoinDesk that the team plans "juicy" airdrops for BVM stakers, which could fuel demand for the tokens.\nBitcoin Virtual Machine, a protocol founded late February, is gaining traction among traders betting on the general growth of the Bitcoin ecosystem, driving demand for its BVM tokens.\nData shows that the project’s BVM tokens have added 35% in the past 24 hours, beating a general market decline. TheCoinDesk 20 Index fell 5.3%in the same period. The tokens have surged to $3.5 from an intitial of 20 cents on March 8.\nThe project lets users spin up their own layer-2 networks on the Bitcoin blockchain. Bitcoin and Ethereum are known aslayer-1 protocols, and attempts to scale and expand them arelayer 2s. While the Ethereum ecosystem has had multiple layer 2 projects aimed at providing faster, cheaper transactions for years, the Bitcoin version really kicked off only in 2023 following the introduction of Ordinals technology.\nThe value propositions for the token are driven by staking rewards for BVM holders and a cut of fees generated by the service, developer @punk3700 told CoinDesk in a direct message interview on X.\n“We have 40%-50% circulating staked by our holders. Working on a few airdrop deals for BVM stakers,” @punk3700 said. “Some of them could be quite juicy.”\nOn Friday, the team said Naka Chain, a Bitcoin layer-2 build on BVM, will airdrop 10.5 million tokens to BVM token stakers. The airdrop is proportional to a user’s staked holdings and will be locked for three months.\nTokens based on the Bitcoin blockchain first started to emerge as an investment thesis in mid-2023, led by Ordinals technology and BRC-20 tokens.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April and allowed users to issue transferable tokens directly through the network for the first time. The tokens, called inscriptions, function on the Ordinals Protocol. That protocol allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions.\n@punk3700 previously told CoinDesk that bitcoin’s usage indecentralized finance(DeFi) applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that there’s a gap for wealthy bitcoin holders to use their assets on native applications, fueling the investment thesis.\nThe BRC-20 tokens have a cumulative $3.5 billion market capitalization as of Friday, CoinGeckodata shows.', 'WithBitcoin(CRYPTO: BTC)now trading above $70,000, the sky\'s apparently the limit for just how much higher the world\'s most popular cryptocurrency can go. The recent launch of the new spot Bitcoin ETFs has led to an outpouring of investor support for Bitcoin, and every day seems to bring the potential for a new all-time-high.\nSo it\'s perhaps no surprise that Cathie Wood of Ark Invest has doubled down on her $1 million price prediction for Bitcoin. She\'s now highly confident that Bitcoin will hit that level well before her earlier predicted date of 2030. If Bitcoin does reach $1 million, it would have increased in price by a staggering 1,328%. So what needs to go right for that to happen?\nThe key driving factor, says Cathie Wood, has been the recent introduction of the newspot Bitcoin ETFs. That immediately unlocked the potential for anyone -- from the smallest retail investor to the largest institutional investor -- to invest in Bitcoin via a trusted, regulated investment product.\nAnd indeed, if you have been tracking the investment flows into these ETFs, the pace has been astonishing. On an average day, more than $500 million can flow into these ETFs, helping to push up the price of Bitcoin.\nIn a span of just two months,BlackRock(NYSE: BLK), has become the largest public holder of Bitcoin in the world, thanks to the runaway success of itsiShares Bitcoin Trust(NASDAQ: IBIT). BlackRock now holds 200,000 Bitcoins, worth roughly $14 billion at today\'s prices. Ark Invest\'s new spot Bitcoin ETF is no slouch either, holding nearly 40,000 Bitcoins.\nGiven this huge institutional buy-in from Wall Street, portfolio strategists are now ratcheting up their suggested Bitcoin asset allocations. Right now, the suggested Bitcoin allocation for investors ranges from 1% to 5%, with 3% starting to emerge as the new norm.\nBut some investment firms are now suggesting even higher Bitcoin allocations. Ark Invest, for example, suggests that the optimal Bitcoin allocation for a portfolio could be closer to 20%.\nIt\'s not hard to see how these increasing asset allocations will have a huge impact on just how much higher Bitcoin can go. When Ark Invest originally came up with its $1 million price prediction for Bitcoin, it was using an asset allocation assumption of 6.5%. So keep a close eye on just how much top investors are suggesting you allocate to Bitcoin. The higher the percentage, the higher Bitcoin is going to go.\nThe next big catalyst for Bitcoin will be the upcoming halving event, now scheduled for mid-April. According to conventional wisdom, the halving will send Bitcoin skyrocketing even higher. In three previous halving cycles (2012, 2016, and 2020), Bitcoin eventually soared to a new all-time-high, and that has made analysts increasingly bullish about Bitcoin\'s price trajectory in 2024 and 2025.\nBut not so fast, saysJPMorgan Chase: The Wall Street giant is now predicting an imminent end to "Bitcoin-halving-induced euphoria."\nFor one, the halving will likely lead to a shakeout among the top Bitcoin miners, who will see their mining rewards slashed by one-half as a result of the halving. And secondly, much of the impact of the halving may already be priced in by top Wall Street firms. If you believe in the Efficient Market Hypothesis (which says that all publicly available information is already included in the price of an asset), this makes a lot of sense.\nAs a result of all this, says JPMorgan Chase, the price of Bitcoin after the halving could fall to $42,000. That would be disastrous, of course, for anyone counting on Bitcoin allocations to tick up past the 5% level. Who\'s going to want to load up on Bitcoin if it\'s rapidly losing value?\nIn January, JPMorgan Chase CEOJamie Dimon called Bitcoin a "pet rock" that "does nothing," and that type of bearish thinking might become the new norm.\nPutting it all toget Last 60 Days of Bitcoin's Closing Prices: [42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-15 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,343,268,844,200 - Hash Rate: 529980321.6844611 - Transaction Count: 307904.0 - Unique Addresses: 749328.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Spirit Airlines Inc.’s bonds got a boost on Friday after the company told investors it was looking to refinance upcoming debt maturities. But their deeply distressed prices suggest it faces an uphill battle to avoid becoming the latest in a long line of US air carriers to go bust. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Putin Orders Hunt for Property of Russian Empire, Soviet Union Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him The company’s 8% notes due 2025 jumped nearly 12 cents on the dollar to 63.25 cents, but still yield almost 40%, signaling bondholders’ skepticism about Spirit’s future. They have good reason to be cautious: with about $2.5 billion in debt and flagging revenue, the budget airline already enjoys no advantages in a market tightening the reins on risky borrowers. A bright spot — and potential lifeline — for Spirit is its fleet, which is one of the youngest among US carriers when there’s a premium on good planes. Airlines have had luck raising money using their fleet and even spare parts, which Spirit began doing in December in a series of sale-leaseback deals on its planes. After a federal antitrust ruling Tuesday scuttled JetBlue Airways Corp.’s proposed $3.8 billion acquisition of Spirit Airlines, stakeholders are rushing to determine the latter’s path forward. Its remaining financing options may require a heavy dose of creativity. Both airlines appealed the ruling Friday in a last-ditch effort to save the deal. Representatives for Spirit didn’t provide a comment Friday on the company’s financial prospects. In statements Thursday, the company said it was “not pursuing nor involved in a statutory restructuring,” and that it “has been taking, and will continue to take, prudent steps to ensure the strength” of its finances and ongoing operations. High-Yield Deal Debt markets have been relatively accommodating in recent weeks, with borrowers looking to tweak some of the terms of their loans and even issuers rated at the lower end of the junk spectrum addressing their maturities. Spirit, however, is contending with challenges stemming from its slim margins combined with payments on leases and debt. The company has bled cash in three of the past five quarters, according to data compiled by Bloomberg. That doesn’t bode well for its refinancing prospects on notes due in September 2025. It’s set to receive $70 million via a “breakup fee” if the merger fails to go through and could also see as much as $500 million from engine maker RTX Corp. to compensate it for problems that have grounded some of its fleet, according to George Ferguson, a Bloomberg Intelligence analyst. These are short-term payments and don’t solve the issue of cash burn. Story continues Valuable Assets Companies like Spirit, which rely on expensive machinery in order to operate, have a history of using their fleet as collateral to borrow fresh cash. The airline could ask current bondholders to swap their notes for longer-dated maturities backed by new or better equipment, in what’s often deemed a distressed exchange. Spirit had a fleet of 202 Airbus SE A320-family aircraft, as of Sept. 30. Delivery delays from aircraft manufacturers, the temporary grounding of Boeing Co.’s Max 9, parts shortages and lengthy or delayed engine repairs have resulted in a shortage of planes across the industry. Spirit’s operating fleet has an average age of 6.4 years, making it second youngest in a group of 13 US carriers, just behind rival deep discounter Frontier Group Holdings Inc., according to data from Cirium. Yet with a business that is fundamentally challenged, even valuable equipment has limits to its appeal. “Whoever provides financing, number one, has to be convinced that Spirit is viable as an independent-going enterprise, and I’m not sure it is,” said Blake Haxton, a credit analyst at Brandywine Global Investment Management. Even though Spirit has its fleet, most of the equipment is already pledged as collateral on existing debt. What remains isn’t enough to support the amount of cash it needs to raise, according to Bloomberg Intelligence’s Ferguson. “That is going to make it extremely challenging.” he said. “They have to manage 2024 very carefully,” and “minimize cash burn.” Private Credit Spirit could alternatively lean on the $1.6 trillion private credit market, which often provides financing in distressed situations. Doing so could also prod existing creditors to cooperate before potential funds from new investors subordinate their holdings and further crush recovery hopes in the event of a bankruptcy or liquidation. “The bondholders have a huge incentive to get in there and help Spirit through the situation,” Ferguson said. Sale for Parts While ending up in the halls of bankruptcy court doesn’t always mean the demise of an enterprise, Spirit’s options are limited when it comes to using Chapter 11 protection to shed burdensome liabilities and reemerge as a more functional business. The industry’s aircraft shortage may mean lessors or banks could decline to negotiate lower rates if the planes would be worth more in the open market, Conor Cunningham, a Melius Research analyst, said in a note. There’s likely not much room to seek employee concessions either, he said, with pilot rates 14% below those at Delta Air Lines Inc. Spirit also may face “a mass exodus altogether” among employees, he added. --With assistance from Mary Schlangenstein, Jill R. Shah, Reshmi Basu, Jeremy Hill and Richard Clough. (Updates to add information about Spirit and JetBlue appealing a federal judge’s ruling blocking their planned merger in paragraph four.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/Electrical-Flower331', 'Stop slashing off FIAT currency', 185, '2024-03-15 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/', "And them attributing the success of BTC, by proving ingredients a measurement of FIAT value!\n\nIt's weird to do that!", 'https://i.redd.it/za67j3wdxdoc1.jpeg', '1bezjxv', [['u/Confidence_Kindly', 22, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuwzhic/', '1 Bitcoin will always be worth 1 Bitcoin. But 1 Bitcoin might be worth 5 Lamborghinis one day.', '1bezjxv'], ['u/Dettol-tasting-menu', 55, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kux0um1/', 'Then don’t use fiat as the measuring stick. \n\nUse real estate, barrels of oil, ounces of gold, years of uni tuition, number of lambo. \n\nUltimately fiat is the unit of account today and it’s the easiest measurement, it’s just easier to convey the message, that’s all. There is no dependency on fiat as the meme seems to suggest.', '1bezjxv'], ['u/DoU92', 16, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxd7nk/', 'Most people here want to buy it for a small amount of fiat and sell it for a lot of fiat.', '1bezjxv'], ['u/Dettol-tasting-menu', 11, '2024-03-15 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxfkrg/', 'Nothing wrong with that at all. \n\nBut the meme OP posted seems to be implying that measuring Bitcoin’s worth in fiat is somehow a gotcha, which is wrong, especially when the figure itself is hitting all time high day after day.', '1bezjxv'], ['u/5932634', 13, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxpoog/', 'You buy bitcoin to have more fiat. \n\nI buy bitcoin to have less fiat. \n\nWe are not the same.', '1bezjxv']]], ['u/digitalundergrad', 'Are you guys buying BTC at the current price?', 203, '2024-03-15 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', "This is a question for the people that have been buying for 3+ years who have bought for much lower prices. I'd really like to buy more but don't want to mess up my DCA which is currently $31k. Personally been waiting/hoping for it to correct to $40k range to buy up a bunch more. Don't know if that will happen though as it is anybody's guess.", 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', '1bezsc5', [['u/AdventurousNorth9414', 14, '2024-03-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzakc/', 'Yes, btc is a long haul coin, not short term.', '1bezsc5'], ['u/Sandcracka-', 335, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzhl4/', 'Yes', '1bezsc5'], ['u/Clnlne', 48, '2024-03-15 00:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzkb9/', 'Yes. $100-200 a day sometimes every other depending on the week/price', '1bezsc5'], ['u/Financial_Clue_2534', 89, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux0tgq/', 'Yea I DCA I don’t care about the price. The goal is to get more Bitcoin', '1bezsc5'], ['u/tacky_pear', 154, '2024-03-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux14ww/', 'Always be DCAing', '1bezsc5'], ['u/explosiveplacard', 100, '2024-03-15 00:59', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1912/', "I couldn't help myself. Put a limit order in at $69,420.00 and it filled within 25 minutes.", '1bezsc5'], ['u/digitalundergrad', 13, '2024-03-15 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1uk1/', 'Wow!', '1bezsc5'], ['u/Clnlne', 29, '2024-03-15 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux2q0k/', "Sorry! That's a recent step up, not something I've been able to maintain for more than a few months. I'm low end blue collar but had been saving for a couple years.", '1bezsc5'], ['u/notagain24', 46, '2024-03-15 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux30mr/', 'Funny I actually bought another $700 today when it dropped below $70,000.\xa0', '1bezsc5'], ['u/Willing_Plane5188', 13, '2024-03-15 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux4sb8/', 'Btc isn’t really a “get rich quick” scene anymore, I just do it out of principle as to not get my savings devalued. It’s been the best performing asset out of everything else and it seems it will remain like that for at least 10 years like Saylor said. It makes a lot of sense to me so I buy 4000 - 5000 every month, I don’t even look at my wallet anymore \n\nI’m also considering retiring in 10 years (hopefully), if that ain’t quick enough I dunno what is', '1bezsc5'], ['u/Mozad1', 24, '2024-03-15 01:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux52o8/', "Yes. \n\nI got into it at the beginning of 2018. \n\nThat hurt, but even during the white knuckle ride down to 3.5K believed in it, so I kept buying. I did the same during the next bull run and will be doing it during this one. \n\nThink of it this way: if I bought when it was plummeting to 4K and everyone was calling it a bubble, why wouldn't I buy it when it finally enters the traditional world of finance?\n\nPlus I don't need the money. I'm not leveraging anything. Just a daily or weekly buy.", '1bezsc5'], ['u/Own_Sky9933', 15, '2024-03-15 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux55ox/', 'Best thing I did was add the recurring buys through the week. Every once in a while I get FOMO and buy on top that. Always be stacking.', '1bezsc5'], ['u/bonni187', 14, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux98sr/', "If you don't think it can get to one million, you haven't done your research. It's not competing with Berkshire, it's competing with gold, real estate, all asset classes. Start buying and start learning!", '1bezsc5'], ['u/HodlVitality', 62, '2024-03-15 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux9jqz/', 'If 70k makes you feel this way about 40k… what is 100k going to make you feel about 70k… it’s just emotions and perspective. But I’ve only been buying for about half a year to be fair', '1bezsc5'], ['u/speedingmedicine', 186, '2024-03-15 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxaw8z/', "Daily price is irrelevant for its long term value. I was a buyer at 16k and I'm a buyer at 70k.", '1bezsc5'], ['u/guessWho3marz', 12, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxd4he/', "What's dca?", '1bezsc5'], ['u/internationalskibidi', 83, '2024-03-15 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdsdj/', 'Diet coke addiction. Poor chummer.', '1bezsc5'], ['u/AlbatrossSuper2456', 17, '2024-03-15 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdv04/', 'Dollar cost averaging', '1bezsc5'], ['u/Status-Seaweed-5705', 24, '2024-03-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgpjc/', 'You wont see 40k$ ever again in my opinion.\n\n70k$ might be high today, but there will come a time when these prices will be the lows', '1bezsc5'], ['u/holliander919', 89, '2024-03-15 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgvh7/', 'Amateur.\nI had one at 69,420.69\n\nFor this Premium price I had to wait about 4 hours though.', '1bezsc5'], ['u/mrluxrius', 13, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxi71f/', '100$ every monday, I will be buying the top forever.', '1bezsc5'], ['u/Lurchco3953', 10, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxicgl/', 'I had 69469', '1bezsc5'], ['u/B1GCloud', 10, '2024-03-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxlp98/', 'The answer is always yes', '1bezsc5'], ['u/jskol3', 12, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxnd1l/', 'Some day I think people will be talking about how sub $100k was a steal', '1bezsc5'], ['u/iamnik77', 14, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxpsll/', "Bought some today. Also bought at $2500, $10000, $16000, $20000, $25000, $28000, $36000, and $40000. Always disappointing that today's buys will not be as impactful as buys from a few years ago but what else can I do? We know where USD is headed.", '1bezsc5'], ['u/Minute_Disk9857', 12, '2024-03-15 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxq3qg/', 'save half your money for a large correction. and dca the other half?', '1bezsc5'], ['u/Chris82Price', 11, '2024-03-15 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxql11/', 'Me too I bought more today for the cold storage wallet', '1bezsc5'], ['u/yapel', 35, '2024-03-15 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxqpvl/', "you don't go all in, you just buy a little at a time no matter if its high or low.", '1bezsc5'], ['u/thats_so_over', 12, '2024-03-15 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxs8ei/', '40k is definitely possible. Not saying it will happen but it wouldn’t surprise me at all. \n\nI think sub 20k is over though.', '1bezsc5'], ['u/sixfootnine', 21, '2024-03-15 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxtru8/', "First rule of DCA is to NOT try and time the market. Also, we're on pace to 100k pre-halving.", '1bezsc5'], ['u/MarcusthePhilospher', 22, '2024-03-15 04:16', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxuyj5/', 'Asking this in a Bitcoin group is ridiculous', '1bezsc5'], ['u/bigheader03', 64, '2024-03-15 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxvkdq/', "Same, my DCA strategy has been to buy double the amount in BTC it cost to fill my gas. \n\nSo filled up last night at $72, bought $144 of BTC. Been the best decision I've made in regards to my crypto investments.", '1bezsc5'], ['u/guessWho3marz', 14, '2024-03-15 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxwqff/', 'Thank you alot for this information', '1bezsc5'], ['u/111ascendedmaster', 90, '2024-03-15 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxzntd/', 'Buyer here at 150, 3k, 6k, 12k, 18k, 23k, 40k, 60k', '1bezsc5'], ['u/MegaSuperSaiyan', 11, '2024-03-15 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy03vq/', 'The best performing investors are famously the dead ones. Everyone who bought at $100 and sold for $1000 thought they were geniuses until it went to $20k. Then we got a new wave of geniuses… You should only sell appreciating assets when you need to spend the money or you no longer think they’ll outperform other opportunities.', '1bezsc5'], ['u/wysiwywg', 10, '2024-03-15 05:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy511x/', '$150? Damn', '1bezsc5'], ['u/YellowCore', 15, '2024-03-15 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy9flx/', 'Only number that matters, The Number of Sats', '1bezsc5'], ['u/DAKrause', 23, '2024-03-15 06:22', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy9mou/', "That's one heck of a day.", '1bezsc5'], ['u/OpportunityOk137', 12, '2024-03-15 06:44', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuybs2u/', 'I like it! I’ve considered the cost of groceries as a benchmark.', '1bezsc5'], ['u/gtbifmoney', 11, '2024-03-15 07:35', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuyg9b8/', 'Motherfucker you are not buying $73,000 worth of BTC every year…', '1bezsc5']]], ['u/Marsyards_slimy', 'SOLANA IS PRINTING …………………………………..', 56, '2024-03-15 01:12', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/', 'Since Solana has been rising rapidly has anybody been taking profits or are you guys waiting till later on after the Bitcoin halving? I just want to know everyone’s ideas and exit plan to help me decide how I’ll be taking profits. Original plan was to start to DCA out a year after the halving. It’s just scary how fast it’s going up. Thanks guys! ', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/', '1bf0f8d', [['u/Arcadespirit', 19, '2024-03-15 01:24', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux58xy/', 'Waiting until my personal target, been holding a while.', '1bf0f8d'], ['u/GenoPax', 11, '2024-03-15 01:29', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux601l/', 'I have several targets but I probably won’t empty all my humble bags.', '1bf0f8d'], ['u/neoatomium', 50, '2024-03-15 01:33', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux6kdk/', 'We say that all cycles are different and… this one will be very different (never BTC reached an ATH before a halving ! And we have never seen such an inflow coming from institutional investors before)\n\nIn 2021 I sold a part of my bag at 65$ (in part to pay works in my apartment). My friends told me it was too soon (true but I needed to pay the workers). I also sold past the ATH down to 150/120/100$. I bought back at 60/40/29 in 2022 and 2023 (selling at 65$ in 2021 wasn’t that stupid after all).\n\nSell if you need money, sell if you feel secure, be ok to never sell at ATH and never buy at ATL. There are always opportunities.', '1bf0f8d'], ['u/dope_ass_user_name', 19, '2024-03-15 01:45', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux8gyp/', "Unless you need the cash, why sell or try and time. Yeah if it hits $350+ USD, maybe take some profits, but I'm not gonna try and time things. Solana ain't going nowhere!", '1bf0f8d'], ['u/GladReference1177', 10, '2024-03-15 02:24', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kuxehbi/', '$500', '1bf0f8d'], ['u/UpdateDaved', 12, '2024-03-15 04:07', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kuxtp7x/', '$300 but if it gets there before July then $500', '1bf0f8d']]], ['u/HVS_Night', 'Buy now or wait for post-halving correction?', 33, '2024-03-15 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/', "So while this question is commonly reiterated in the sub, some factors are making me have a tough time predicting my next buy-in. \n\nFirstly, The ETFs are putting so much resistance and buy pressure on BTC and soon ETH that I'm wondering if we are even going to get a post-halving dip, or if the dip is going to reach lower levels than right now. Usually, whales dump some liquidity after the halving promotes a spike in price causing a mass dip, and then buy back causing a massive appreciation in the summer times. But when large companies such as BlackRock have to continuously buy btc to meet etf demand.\n\nSecondly, we haven't even had any corrections this run-up so far. Usually, we see constant 20-30% dips even before halving, so far, BTC has been a stable appreciator, which in all honesty is unlike crypto. There's a possibility whales are bringing up consumer interest and demand to keep buying and then suddenly dump and liquidate all of those retail buyers. Im assuming that, that hasn't happened yet because there isn't that much retail in yet. Most of the recent price appreciation was due to the ETFs, so I'm assuming to expect the unexpected soon.\n\nLastly, there's a strong BTC dominance going on right now, while there are some strong gains in meme coins and AI coins, so far altcoins have more or less been showing stable growth but nothing astronomical that we could expect in an altseason, hinting that the real run-up hasn't happened yet.\n\nAre you guys buying or waiting now?", 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/', '1bf0g92', [['u/Enschede2', 16, '2024-03-15 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux5h9j/', "I mean there's no guarantee there will be a posthalving correction, I feel like there will be but there's no guarantee, and even if there is there's no way of knowing where the bottom will be compared to the prices of today.. Tho I'd stick to utility and/or just bitcoin til that happens, but that's just me", '1bf0g92'], ['u/hiorea', 12, '2024-03-15 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux5tee/', "I bought a few alts during the recent mini dip, and they're already showing a profit. I'll continue to hold onto them as long as they're making money, especially if things start to go parabolic", '1bf0g92'], ['u/Odysseus_Lannister', 22, '2024-03-15 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux90y5/', 'Smh yall forgetting the tax return money about to flood in. \n\n/s', '1bf0g92'], ['u/Smooth_Talk', 40, '2024-03-15 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuxdb8q/', "We did see about a 20% dip with a strong recovery that's led into this way too early bull market. Just after the efts got approved we dipped before this big bounce up, but going 48k to 39k is hard to notice when we're at 70k in just a few months. \n\nBy all historical accounts we are wayyyyy out of line right now. We have never beaten the last ATH pre-halving, last bull cycle had a double peak with a 50% retrace in between which was a first for a cycles peak. If there's a time for us to not see the classic dip it truly is right now. The ETF pressure, the lacking supply available, it's kind of a perfect storm.\n\nThe lingering question for me becomes will we ever see the 500-550 day post halving market peak cycle repeat. Historically the market peaks in that timespan after the halving then slams down up to 90%. Will that even happen again? Will we ever see another obvious flash sale or will this boomer money pressure stop that from happening.", '1bf0g92'], ['u/ChiSox1906', 11, '2024-03-15 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuxsl3l/', "The best answer is almost always to DCA, otherwise it's gambling. You don't know if the price will dip, or only go up. Even the big investment firms DCA buying a certain number every hour or day. I'm not really one you should go to for financial advice, but you could decide how much you want to invest and divide that out over the next 6 months as a mini DCA since immediate future is unknown. Hell, any large purchase is gambling just on where it is in the day. That's why we DCA.", '1bf0g92'], ['u/thinkingperson', 10, '2024-03-15 06:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuy8yup/', 'I just DCA every day, and when it dip hard, I DCA one more time. If it dips double time, I DCA double time.', '1bf0g92'], ['u/purzeldiplumms', 13, '2024-03-15 07:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuygvk9/', "I'm not buying after Bitcoin did a 4x. Time in the markets my ass, time to buy was 2023", '1bf0g92'], ['u/alt_plex', 10, '2024-03-15 07:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuyi3df/', '"Will that even happen again?" Institutional investors will not held all BTC they bought forever. My opinion, it will be the greatest pump and dump we never seen before', '1bf0g92'], ['u/Medium_Change4574', 11, '2024-03-15 09:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuynilt/', 'Buy alts then', '1bf0g92']]], ['u/Longjumping_Ad3447', 'Michael Saylor sees BTC at 5 000 000 Dolar in 10 years', 271, '2024-03-15 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/', "He thinks the next 10 years will be the gold rush on BTC. What's your opinion?\n\nWill this asset stay for a long time like he says in the interview with Crypto Nutshell? ->\n\nhttps://youtube.com/shorts/Uji3R_et6yk?si=aecWREbDUHfoN4-M", 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/', '1bf0rar', [['u/bubbathespaz', 160, '2024-03-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kux7qnm/', "It's going up forever Laura.", '1bf0rar'], ['u/Just1_More', 118, '2024-03-15 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kux9td4/', "I think he's a bear", '1bf0rar'], ['u/speedingmedicine', 10, '2024-03-15 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxar4a/', 'He said 10 not 2', '1bf0rar'], ['u/KitchenBreadfruit816', 13, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxd833/', 'Maybe 10-15 years. But please don’t listen to me as I’m talking out of my arse lol', '1bf0rar'], ['u/Hannibaalism', 25, '2024-03-15 03:10', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxlggm/', 'but what will 5 000 000 dollars mean in 10 years', '1bf0rar'], ['u/roadtothesecondcomma', 59, '2024-03-15 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxlkn7/', 'Maybe an obvious take but I believe that as long as inflation exists then it’ll keep going up. I remember when a 100k salary was a big deal. Now a 500k salary is a big deal. I remember when a 20 dollar bill was enough to go out and have fun. Now it’s 50. Soon it’ll be 100. History shows that’s been the trend and it doesn’t seem to end. Bitcoin will just keep going up as fiat continues being fucking shit.', '1bf0rar'], ['u/Normal-Jelly607', 10, '2024-03-15 03:17', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxmhlw/', 'Companies require forever increasing profits to increase their market cap. Bitcoin doesn’t have to do anything to increase its market cap.', '1bf0rar'], ['u/Daisyssssmom', 32, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxngsc/', 'One banana', '1bf0rar'], ['u/Ok-Feeling7673', 15, '2024-03-15 03:30', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxodvd/', 'Over 100 trillion market cap?', '1bf0rar'], ['u/WarmMillerLite4-2', 19, '2024-03-15 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxooiq/', 'It’s somewhat in perspective and location for sure. 100k/yr is still nothing to sneeze at in my world. About half that still gets you a ranch house with granite countertops, a blacked out 2019 RAM rebel with 30,000 miles on it and still keeps the fridge full for the wife and kid with at least 1 vacation a year. Definitely not functional in major cities I know but it can still be pretty comfortable', '1bf0rar'], ['u/hypebeasts101', 29, '2024-03-15 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxqyrh/', 'Poverty level is a ridiculous stretch but you’re definitely not rich.', '1bf0rar'], ['u/TheHoodOG', 13, '2024-03-15 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxrr1g/', 'Twice the S&P 500!?', '1bf0rar'], ['u/SophonParticle', 35, '2024-03-15 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxt9ss/', 'Only 15% of Americans make $100k or more.', '1bf0rar'], ['u/throwawaysnitch4cash', 13, '2024-03-15 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxui9h/', "Exactly. 100K a year from a remote job in a developing nation will go SUPER FAR. That's like 300-400K in a country like the Philippines, for example. You can buy a 2 story 4bed 3bath home in Dominican Republic EACH YEAR with that kind of money.\n\nIf someone can do remote work and make that kind of money, they could live like a fucking king in many parts of the world.", '1bf0rar'], ['u/Rydog_78', 89, '2024-03-15 04:25', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxw355/', 'And people will want to own it more at 5 million than they do at 70k. That’s the strange thing about Bitcoin. People desire it more when it increases in value. I guess it’s a psychological thing.', '1bf0rar'], ['u/Romando1', 13, '2024-03-15 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxw8sl/', 'Same. I think it’s around double what he thinks.', '1bf0rar'], ['u/callebbb', 29, '2024-03-15 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy4445/', 'Another million bitcoin left to be mined, and 3/4ths is coming over the next 8 years.\n\nThe absolute scarcity of Bitcoin is like no other, and thus it is very tough to estimate. All analysis is done with hindsight, so historical data skews forecasted returns. \n\nBitcoin will continue to outperform everything. Shits about to get willlllllldddddddddd.', '1bf0rar'], ['u/callebbb', 12, '2024-03-15 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy4p6y/', 'lol right? These mfers. Oh the 100k/yr Seattle residents and their roadkill gumbo dinners and their grits with butter breakfast…. smh. \n\nWhatever. I shouldn’t gatekeep poverty. I’m sure you feel poor compared to your rich friends, I guess. But technically it’s no where near poverty. \n\nQuestion is how much bitcoin you got? That’s how you measure wealth today. Dollars are Monopoly money.', '1bf0rar'], ['u/johnso21', 23, '2024-03-15 05:57', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy72hh/', 'Well good thing there’s always money in the banana stand', '1bf0rar'], ['u/solarservant', 33, '2024-03-15 05:58', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy76o3/', "I mean... people desire gold more as it increases in value too. This is true of almost everything that can have value assigned to it. \n\nThe fact that people are continuing to buy BTC even as it's dollar value goes higher is a recognition of it's future scarcity. We all feel that we are discovering something groundbreaking early, which I hope we are.", '1bf0rar'], ['u/sweetsimplesauce', 28, '2024-03-15 07:34', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuyg6jj/', 'There is a term for what you\'re describing. That term is veblen good. \n\n"A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own."\n\nhttps://en.wikipedia.org/wiki/Veblen_good', '1bf0rar'], ['u/Healthy_Radish', 14, '2024-03-15 07:49', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuyhfas/', 'Perceived quality of life is going down.', '1bf0rar'], ['u/marosszeki', 11, '2024-03-15 09:29', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuypj01/', "No in the past 7 years ish it went from 1k to 70k. That's a 70x. 5M is also a 70x from here.", '1bf0rar']]], ['u/Massive_Hovercraft_2', 'It’s like she KNEW she was gonna make the shake an issue', 68, '2024-03-15 01:28', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/', 'She had this woman make her shake not one, not two but THREE times today. That is so much food waste and not only that she looked at the camera right before she tried shake number one and said “let me taste it real fast” as if she KNEW she was going to complain.\n\nI can’t stand her and if any of her minons who donate money to her have an abundance of cash please donate to a trans organization that actually cares about more than themselves - https://donate.lalgbtcenter.org/donations/twc/', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/', '1bf0s0t', [['u/ComfortableStreet272', 17, '2024-03-15 01:35', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kux6z36/', 'Post it on tiktok gossip as well!', '1bf0s0t'], ['u/Kferris1210', 44, '2024-03-15 01:38', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kux7gir/', 'She is absolutely insufferable', '1bf0s0t'], ['u/bubbashrump', 52, '2024-03-15 02:16', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxddve/', 'She totally gets off on being a total fucking nuisance.', '1bf0s0t'], ['u/Alternative_Cat_1292', 34, '2024-03-15 02:48', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxi84w/', 'After the second time I would’ve been like no you need to pay for that or we can’t serve you. It’s obvious we can’t make you happy so maybe maybe you should just go somewhere else', '1bf0s0t'], ['u/True_Career3883', 24, '2024-03-15 03:01', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxk49c/', 'Who tf put in her head that this is acceptable behavior?? She is a living breathing nightmare, a shameful trash human who belongs where the countless meals she sends back end up.', '1bf0s0t'], ['u/Visual_Lettuce9474', 42, '2024-03-15 03:34', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxoymq/', 'Never in my life have I ever sent a milkshake back. Or anything, else. I would just think “I don’t like the milkshakes here” and just not go to said place for another milkshake. \n\nBut Lilly in all the WMP that envelopes her needs to send back multiple milkshakes. “BeCaUsE she spent $10 dollars” is fucking insane. It’s free money from delusional lulus!', '1bf0s0t'], ['u/bubbashrump', 17, '2024-03-15 03:34', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxozlm/', 'Having them remake it because it doesn’t taste chocolatey enough is just absurd.', '1bf0s0t'], ['u/Disastrous_Horror593', 12, '2024-03-15 05:02', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuy0wlm/', '![gif](giphy\|bqWXmLof5ffR9Mw8gt)\n\nShe is such a c u next Tuesday and i never use that word but if the shoe fits…….🤣🤣🤣', '1bf0s0t']]], ['u/RecycIops', 'I’m going to put half my paycheck into crypto until end of year', 201, '2024-03-15 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/', 'Title sorta says it all. I decided it’s time. I bought my first 0.5 bitcoin back in March 2014. I’m coming up on my 10 year of being exposed to crypto. Unfortunately I was young and poor and stupid and didn’t know what I stumbled upon. Fast forward to April 2017 when I got into ETH at a $178 average. Ended up selling about even that year prior to the run up for about even as I was buying a house. Point is. I’ve been exposed to 3 cycles now and this isn’t rash. These will be mostly long term holds and the half the paycheck reflects more so what my investment strategy was going to be for the year anyways. I currently have about $10k worth of crypto but will be starting to invest heavily on a weekly basis. I am self employed so the income is sporadic but the principle will remain the same. I currently own in some fashion\n\nBTC\nETH\nCRO\n\nAnd a couple meme tokens:\n\nCroge (Doge of Cro) & Dodo (Pepeverse token on ETH)\n\nI’ll be loading up on BTC ETH and Dodo primarily. BTC and ETH as a relatively safe investment and Dodo because Pepe memes seem to be where this market has gravitated towards. I will probably go with 25% BTC 25% ETH 50% Dodo as I believe we are in an early bull market and memes will fly. Eventually I’ll rotate back to BTC and ETH only towards the end of the cycle as I try to be cognizant of an impending cycle top later this year or 2025. \n\nIf people are curious I’ll provide updates but really just wanted to memorialize this and see if in a year this was a great idea or a horrible idea. ', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/', '1bf12ux', [['u/MatchboxVader22', 16, '2024-03-15 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxfd13/', 'Just make sure you know when to pull out (that’s what she said). \n\nBut in all honestly, if I were you, I’d have been doing that 2 years ago during the bear market. I put my bonus and tax refund when Bitcoin was like 19k last year. Man, that so payed off.', '1bf12ux'], ['u/AlabamaHaole', 22, '2024-03-15 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxfupt/', 'You decided this about two years too late. If you keep doing it after the next big crash in 2025 or so, that’s how you make real money.', '1bf12ux'], ['u/joannew99', 320, '2024-03-15 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxh4e8/', 'I don’t understand u people who have been in crypto for years but are just now deciding to take it serious at ATH. You could’ve done this last year when BTC was $20k', '1bf12ux'], ['u/KaydeeKaine', 76, '2024-03-15 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhhx8/', "No need to wait 1 year. Can tell you right now you'll paper hand those shitcoins", '1bf12ux'], ['u/RecycIops', 19, '2024-03-15 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhlmf/', 'My comments have shown that i would have loved to but haven’t had the discretionary income to do so until this year. I did a little back in 2018 but ultimately had to sell for life events but it is what it is. It’s a longer term strategy so the same could have been said to people back in 2017 who would now be up 4x on a top cycle purchase', '1bf12ux'], ['u/joannew99', 53, '2024-03-15 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhpi9/', 'Just 3 months ago BTC was $40k this just sounds like gambling FOMO', '1bf12ux'], ['u/KaydeeKaine', 30, '2024-03-15 02:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxi8k8/', "You're the one who's stating you'll check back in a year.", '1bf12ux'], ['u/tendy_trux35', 46, '2024-03-15 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxio3u/', 'It’s quite interesting how many people magically have the disposable income to toss a bunch per paycheck into crypto once BTC and other coins start touching ATH. You rarely (if ever) see these types of posts when it’s cratering in the bear market.', '1bf12ux'], ['u/introvertedguy13', 24, '2024-03-15 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxjq61/', 'Signs that we are sooo back.', '1bf12ux'], ['u/dwspiral113', 56, '2024-03-15 03:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxlns2/', 'This is an absolute trainwreck', '1bf12ux'], ['u/Simke11', 135, '2024-03-15 03:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxn5l2/', 'Happens every time without a fail. BTC on deep discount - "crypto is a scam lol you gonna lose your money", BTC sets new ATH - "is it a good time to enter now?"', '1bf12ux'], ['u/tristamus', 38, '2024-03-15 03:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxnnpj/', 'Pure, unabashed FOMO', '1bf12ux'], ['u/oroechimaru', 19, '2024-03-15 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxobll/', 'Please no, diversify\n\nMax out your 401k (work match) and setup a roth to do some etfs too\n\nThen put a smaller amount into crypto you are willing to gamble\n\nIts your life to shill away or be someones exit liquidity be careful', '1bf12ux'], ['u/NGsyk', 14, '2024-03-15 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxorc6/', 'Which, ironically, is when you want to buy.', '1bf12ux'], ['u/6M66', 11, '2024-03-15 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxoueg/', 'We gotta start selling kidneys man.', '1bf12ux'], ['u/d_d0g', 45, '2024-03-15 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxoxtr/', 'I’d get excited except after my last post, decided to stick to DCA and HODL to 2030-2035.', '1bf12ux'], ['u/itsprobablytrue', 24, '2024-03-15 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxszq0/', 'AI is predicted to take over the planet 2035. You should probably sell earlier and enjoy life', '1bf12ux'], ['u/blorpianblorp', 12, '2024-03-15 04:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxt8dm/', 'We got FOMO on the back on BBQ boys come and get it', '1bf12ux'], ['u/ratbert002', 44, '2024-03-15 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxto3y/', 'AI', '1bf12ux'], ['u/Ucscprickler', 14, '2024-03-15 04:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxuhcn/', "Yeah, I'm doing the complete opposite. I bought the entire bear market, and now I'm just sitting back watching. I learned my lesson after last cycle, but I kind of understand the human psychology for why people only buy at ATH.", '1bf12ux'], ['u/Ninjas_stole_my_', 27, '2024-03-15 04:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxuucn/', "That's not unique to crypto. That's investing. Take their money. No shame.", '1bf12ux'], ['u/tianavitoli', 29, '2024-03-15 04:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxvdkc/', "it's a perfect marker of where we're at in the cycle", '1bf12ux'], ['u/d_d0g', 10, '2024-03-15 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxwh3r/', 'Well then, 2034 is my year.\n\n!remind me! 10 years', '1bf12ux'], ['u/opensandshuts', 38, '2024-03-15 05:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuy0kfu/', "hear me out guys and gals, Serious post tag here. I'm thinking of selling my house to go all in on baby yoda diaper rash coin.\n\nI feel like the market's been gravitating towards babies and diapers, and I truly feel like it could take off. It's one of the few coins with real utility potential.", '1bf12ux']]], ['u/speedingmedicine', "Today's small drop brought to you by GBTC", 303, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/', "I posted about this the other day but I'll say it again. GBTC is suppressing this BTC cycle. BTC dropped today because they moved another 500 million to Coinbase to presumably continue selling it off. \n\nThey filed for a mini trust to try and keep their customers. ", 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/', '1bf19ct', [['u/Conscious_Phone_2411', 66, '2024-03-15 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kux9v6v/', "Seems like there's a pattern where they crash the price so they can buy lower later.\n\nhttps://x.com/invest_answers/status/1768289298657509509?t=59OAl8sJNI1145RhQ8P-iw&s=08", '1bf19ct'], ['u/rock-island321', 52, '2024-03-15 02:01', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxb22v/', 'Also, US inflation figures and the outlook for possible rate cuts not looking great.', '1bf19ct'], ['u/No-Age6804', 37, '2024-03-15 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxb81n/', 'This. Stocks and crypto were a blood bath.', '1bf19ct'], ['u/Far_Guarantee_2465', 144, '2024-03-15 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxcyed/', 'The net etfs are in the positive. The other etfs are gobbling up while GBTC unloads their premium. I think the rsi for btc has been too high and needed to cool off. GBTC isn’t buying cheaper. Black rock is…what’s crazy to think about, what if blackrock owned a ton of GBTC trust from a bit ago. And is unloading that and buying their etf cheaper? 🤯', '1bf19ct'], ['u/XXsforEyes', 68, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxi6aa/', 'That’s exactly their play. They’re new to Bitcoin, not to market manipulation. Fine by me… I just pick up the crumbs that fall from the big table!', '1bf19ct'], ['u/b1mm3rl1f3', 28, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxiba6/', 'What’s crazy is the price barely even moves 🤯 just consolidates until the next leg up', '1bf19ct'], ['u/ourtimeisnow', 30, '2024-03-15 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxjmb9/', 'This must be your first cycle. Interconnected or not, TradFi selloffs or bad US financial outlooks always have had a short term impact on BTC.', '1bf19ct'], ['u/FaultyVulcan', 12, '2024-03-15 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxkcy4/', 'Why isn’t price going up given that net ETFs are positive? I think people are underestimating retail taking profits.', '1bf19ct'], ['u/StanYanMan', 91, '2024-03-15 03:10', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxlexa/', "By GBTC suppressing this cycle, you mean people owning GBTC deciding to swap over to IBIT and FBTC. It's not like Grayscale is intentionally selling BTC or liquidating due to user forced sells from bankruptcy paybacks. It's the people selling.", '1bf19ct'], ['u/Constant-Ad-4172', 158, '2024-03-15 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxnpdg/', 'nope. ppl are just transferring their funds from GBTC to the other ETFs. The daily net inflows have been mostly positive after the ETFs were created', '1bf19ct'], ['u/ata1959', 13, '2024-03-15 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxoty9/', 'Net positive doesn’t mean the etf price must go up. The price of the etfs moves along with the bitcoin price.', '1bf19ct'], ['u/One-Significance7853', 31, '2024-03-15 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxowm9/', 'Taking profits only works if you reinvest it back into BTC.\n\nWhen you “take profit” you lose long term. Everyone that ever bought pizza or weed or cash with btc will eventually realize they overpaid.', '1bf19ct'], ['u/Tetons21', 16, '2024-03-15 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxq7f1/', "Are the fees that bad? I haven't transferred.", '1bf19ct'], ['u/Leader92', 11, '2024-03-15 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxrj7i/', 'Could you ELIF5 why GBTC is selling so aggressively ever since ETFs got approved?', '1bf19ct'], ['u/Deimosx', 14, '2024-03-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxsmzy/', 'Generally all things equal, the one with lowest fees.', '1bf19ct'], ['u/SydZzZ', 20, '2024-03-15 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxtioq/', 'I think he is taking about this insane demand by ETFs which will have to buy more Bitcoin to match that demand. Yet the price hasn’t gone up to reflect that 10k/day BTC demand. \n\nI think the answer is potentially a lot of OTC transactions either miners who had been sitting on their coins for a while or other whales ( most likely hedge funds with unknown quantities). \n\nThe retail spot order book has shrunk by 90k BTC since the inception of ETFs. That likely pushed the price up to where it is today. \n\nSooner or later however, the OTC supply will diminish if demand stays this high. When that happens, it will be like Nvidia stock growth or better. This will be equivalent of BTC going to $200k. I think this is only a year or so away from today unless some macro shit happens like nukes flying or interest rates rising', '1bf19ct'], ['u/TheMightySoup', 13, '2024-03-15 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxtrmq/', 'Because their fees are way higher than all the other ETFs’ fees.', '1bf19ct'], ['u/MimickingTheImage', 15, '2024-03-15 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxu6md/', '>who cares what the US is doing\n\nThe market.', '1bf19ct'], ['u/Tetons21', 11, '2024-03-15 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxupo3/', "Hold baby...\n\nI actually need to decide where life changing money occurs.. do I it's want a house or could I hold and not work?", '1bf19ct'], ['u/GooglephonicStereo', 49, '2024-03-15 04:22', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxvodd/', 'Agreed. Not sure why everything is a conspiracy to some people.', '1bf19ct'], ['u/ModerateBrainUsage', 66, '2024-03-15 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxxrhd/', 'That’s last week’s price. It’s nothing.', '1bf19ct'], ['u/WatchRedditImplode', 16, '2024-03-15 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxy1fg/', '8 out of 10 ETFs custody at Coinbase. Fidelity is the only institution self-custodying. I trust FBTC the most.', '1bf19ct'], ['u/MrKittenz', 98, '2024-03-15 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxzmde/', 'Why isn’t price going up? Zoom out and look at January to now', '1bf19ct'], ['u/cl3ft', 15, '2024-03-15 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuy899u/', "If your only objective is max profits ASAP and you don't need the money, this is fair advice.\n\nBut, there's lots of very good reasons to take profits.", '1bf19ct'], ['u/Boldbluetit', 22, '2024-03-1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks fell on Friday as investors digested the week\'s hotter-than-expected inflation data.\n• Consumer and producer prices rose more than expected in February, government data showed.\n• Investors continued to dial back their expectations for Fed rate cuts in 2024.\nUS stocks fell on Friday as traders fretted over hot inflation data and continued to dial back their expectations for rate cuts in 2024. All three benchmark indexes ended the lower, while bond yields ticked slightly higher.\nThe S&P 500 ended with its second straight weekly loss.\nBoth consumer and producer prices came in hotter than expected this week, with the consumer price index rising 3.2% and the producer price index rising 1.6% year-per-year, the Bureau of Labor Statistics reported.\nHot inflation is the Fed\'s main focus, and investors are growing concerned that central bankers could end up holding interest rates higher for a lot longer to keep prices from surging again, especially as the economy looks to be going strong.\n"Inflation reports this week served as a reminder that normalization is not a straight line, and pressures remain in many pockets," Mark Hackett, Nationwide\'s chief of investment said in a note on Friday.\nThe Fed\'s next policy meeting is just around the corner, with central bankers set to begin the two-day policy meeting next Tuesday to decide the next policy move. Markets are pricing in a near-100% chance the Fed will keep rates unchanged this month, according to theCME FedWatch tool.\nInvestors also continued to dial back their expectations for rate cuts for the rest of the year. Markets are now pricing just a 30% chance the Fed could slash rates by 100 basis points or more by December, down from a 64% probability priced in a month ago, and odds of a June rate cut have come down to about a coin-toss.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500: 5,116.95, down 0.65%\n• Dow Jones Industrial Average: 38,714.77, down 0.49% (-190.89 points)\n• Nasdaq Composite: 15,973.17, down 0.96%\nHere\'s what else is going on today:\n• TheNvidia-led AI boom could spread to three different areasof the stock market, according to Goldman Sachs.\n• Soaring US debt could "break" markets at some pointif spending isn\'t reined in, according to one Wharton finance professor.\n• The S&P 500 is "bizarrely overvalued"and could crash 49%, according to an elite strategist.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude slipped 0.36% to $80.98 a barrel.Brent crude, the international benchmark, fell 0.1% to trade at $85.28 a barrel.\n• Goldticked 0.19% lower to $2,157.55 per ounce.\n• The 10-year Treasury yield was about flat at 4.30%.\n• Bitcoinrose 0.26% to $70,230.\nRead the original article onBusiness Insider', '• Sam Bankman-Fried came up with a list of bad ideas after FTX\'s bankruptcy\n• One of them was going on Tucker Carlson\'s show and taking an anti-woke heel turn.\n• The list was included in prosecutors\' sentencing submission, asking for 50 years in prison.\nAfter FTX declared bankruptcy, in November 2022, its founder and former CEO came up with a list of terrible ideas.\nIna Google Document, which was prefaced "random probably bad ideas" and labeled confidential, Sam Bankman-Fried listed ways in which he might be able to rebuild his reputation.\nThe list included attacking the bankruptcy lawyers (which he ultimately did), attacking the rival cryptocurrency exchange Binance (ditto), and doing an ABC News interview with author Michael Lewis (Lewis does not work for ABC).\nThe most striking item on the list was going on then-Fox News host Tucker Carlson\'s show to "come out as a republican."\nOn Carlson\'s show, Bankman-Fried could "Come out against the woke agenda" and also criticize the bankruptcy lawyers who took over FTX and were trying to get money back to defrauded customers, he wrote on the list.\n"Talk about how the cartel of lawyers is destroying value and throwing entrepreneurs under the bus in order to cover up the incompetence of lawyers," Bankman-Fried memorialized.\nA copy of the document was included as an exhibit in a sentencing memorandum filed Friday by federal prosecutors in Manhattan.\nIn November, ajury found Bankman-Fried guiltyof seven counts of fraud and conspiracy. Numerous former executives and associates testified that Bankman-Fried commingled funds of FTX customers with Alameda Research, a cryptocurrency trading firm he also controlled. The losses, prosecutors say, exceeded $10 billion.\nProsecutors are asking a judge to sentence Bankman-Fried to between 40 and 50 years in prison and issue an $11 billion judgment. They said Bernie Madoff\'s crimes should be used as a benchmark for Bankman-Fried, whose fraud they call "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."\nThe list of ideas, prosecutors said, was evidence Bankman-Fried was "motivated to launch his redemption narrative and has already been thinking about how to spin it" — and should therefore get a long prison sentence.\nUS District Judge Lewis Kaplan will weigh prosecutors\' memo against one by Bankman-Fried\'s lawyers, whoasked for a sentence of no more than about six years.\nBankman-Fried acknowledged his list of ideas was not very good.\n"Note: these are all random probably bad ideas that aren\'t vetted," the document says at the top.\nPage 2 ofSam Bankman Fried bad idea list prosecutor sentencing submission\nContributed toDocumentCloudby Insider Staff (Insider Inc.) •View documentorread text\nBankman-Fried never ended up on Carlson\'s show, which was canceled by Fox News in 2023. (Carlson has since switched to vlogging on X, formerly known as Twitter, and launching his own subscription product.)\nSome of the ideas came to fruition, though.\nBankman-Fried and his family have long argued that FTX customers would have speedily recovered their money if only bankruptcy lawyers had cooperated with him.\n"Focus almost exclusively on the fact that we could give value back to customers and the Chapter 11 team is destroying it," Bankman-Fried wrote on one list entry.\n"Focus on the fact that the Chapter 11 team has no idea how to run FTX, it\'s colonial, run by a cartel of lawyers," he wrote in another.\n"Come out as extremely pro crypto, pro freedom," he added.\nInanother list, he tried to think of people who he could court for support.\nHe listed "Alt right?" and "Some other displaced group?" under the category of "Random subgroup support."\nIn a bankruptcy court hearing earlier this year, FTX lawyers said customers could be made whole — something that Bankman-Fried\'s lawyers have cited to argue for a light sentence.\nBut prosecutors say that claim doesn\'t tell the full story. It doesn\'t account for the work that FTX lawyers put into liquidating and clawing back various investments Bankman-Fried made with customer money, they wrote.\nOwners of Bitcoin on FTX\'s platform wouldn\'t be able to take advantage of the rise in the cryptocurrency\'s prices because Bankman-Fried had already spent it, they wrote. Instead, they\'d get the November 2022 dollar amount for those currencies — far less than what they would be worth today.\nBankman-Fried, in his list, seemed cognizant of his political reputation. He donated primarily to Democrats in Congressional races. But, according totrial testimonyandmessages obtained by prosecutors, he participated in a straw donor scheme where he\'d funnel FTX customer funds through other executives to Republicans and right-leaning dark money groups.\nBankman-Fried wrote that he could highlight that aspect of his political spending on Carlson\'s show.\n"While public contributions show one thing, you see another thing including super pacs," he wrote.\nIn another list, Bankman-Fried came up with a list of "Allies."\nThe only person on that list is "Skreli,"an apparent reference to Martin Shkreli.\nBankman-Fried mused on politicians and reporters who "might be helpful" to him, including US Senator Cory Booker of New Jersey, Lewis, and Bloomberg columnist Matt Levine.\nIt was onBloomberg\'s "Odd Lots" podcastwhere Levine famously described Bankman-Fried\'s thoughts on cryptocurrency as "the Ponzi business."\nBankman-Fried thought he could give it another shot.\n"Go head to head with Matt Levine on Odd Lots, really lean in to arguments," he wrote.\nRead the original article onBusiness Insider', "After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months. With this favorable backdrop in mind, it's not surprising that some of the most speculative tokens are on the way up.\nLook at dog-themed meme tokenShiba Inu(CRYPTO: SHIB). Yes, it remains 64% off its peak price from October 2021. But as of March 13, the digital asset has skyrocketed 238% in just the last month.\nGiven this powerful momentum, perhaps supporters are hoping there are better days ahead. Is Shiba Inu a top cryptocurrency to buy right now?\nShiba Inu's rise coincides with the ascent of its inspiration,Dogecoin, which has more than doubled in the past month. Another more under-the-radar token, calledPEPE, which isn't even one year old, has soared by a whopping 700% in the period.\nWhile it's impossible to know exactly what is causing these price spikes, we can point to a factor that is perhaps adding to buyers' excitement: the monster success of the new spotBitcoinexchange-traded funds(ETFs). Regulatory approval of these highly anticipated financial instruments lends a certain level of legitimacy to the entire asset class. Maybe investors are hoping for more crypto ETF approvals to happen.\nBecause Shiba Inu is viewed as one of the most speculative cryptocurrencies out there, it makes sense that its price can surge rapidly. Once early buyers get in, the price increase attracts more attention, creating a positive feedback loop. This momentum can be a powerful force, until it unpredictably ends.\nAs mentioned, Shiba Inu is still substantially off its peak price. This setup could be extremely enticing for risk-seeking investors. However, I believe it would be a mistake to buy this token.\nBeing built on top of theEthereumblockchain should, in theory, add a lot more functionality in terms of decentralized applications, likenon-fungible tokensand decentralized finance protocols. However, Shiba Inu hasn't really gained much adoption. And it doesn't have an extensive developer network working to advance its utility. This doesn't bode well for Shiba Inu's future.\nIn other words, there are no compelling reasons to want to own this token except for the hope that it can continue rising in price in short speculative spurts. This is what's called gambling, as the buy thesis is not based on the asset's fundamentals, nor on logical thinking.\nInvestors looking to allocate a portion of their portfolio to the crypto space have better options to choose from. The fact that Shiba Inu was developed on the Ethereum blockchain points to the latter's standing in the industry.\nEthereum was the first blockchain network with functionality forsmart contracts, a feature that adds the possibility for much greater use cases over time. Ethereum has a huge developer network and a pipeline of planned technical upgrades that give it a higher chance of long-term success than Shiba Inu.\nThere's also Bitcoin. The world's most valuable cryptocurrency by market cap has climbed 330% since the start of 2023. But it could have more room to run as larger and larger amounts of institutional capital flow into it. And because of its decentralized nature and its fixed lifetime supply cap of 21 million coins, many market participants view it as a new-age store of value.\nIt's best to forget about Shiba Inu. The meme token is having its 15 minutes of fame. But it's not a smart place to park your hard-earned savings.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now?was originally published by The Motley Fool", 'There are thousands of cryptocurrencies in circulation today. And while they all appear alluring and parade the possibility of creating life-changing wealth, the reality is that an investment inBitcoin(CRYPTO: BTC)remains the most simple and straightforward strategy to gain exposure to the burgeoning asset class.\nThis pick won\'t win any points for originality, but the data and its near-spotless track record speaks for itself. For investors with some extra change in their pocket, here\'s why Bitcoin is the most deserving of your $1,000.\nBitcoin\'s market capitalization accounts for more than half of all the value in the crypto asset class. As a result of this inordinate value, the majority of cryptocurrencies trade in a correlated pattern to Bitcoin. In other words, as Bitcoin goes, so does the rest of the market.\nNot only are other cryptocurrencies highly correlated to Bitcoin, but they also typically fall short of Bitcoin in terms of performance. In a recent investigation conducted by crypto analyst Benjamin Cowen, he found that out of the top 200 cryptocurrencies, only 39 outperformed Bitcoin over the last year. Rest assured that this number would be even fewer if the analysis took data into account over a longer time frame.\nThe harsh reality is that when investors venture intoaltcoins, they expose their portfolios to significantly more risk that rarely produces better returns than just sticking with Bitcoin. Perhaps the adage "If it ain\'t broke, don\'t fix it" sums it up best. Bitcoin isn\'t broken and remains the most effective, reliable, and performant asset in crypto.\nPart of the elegance of Bitcoin lies in its unparalleled levels of decentralization and security. In many ways, it\'s the epitome of what a cryptocurrency should be.\nBitcoin has no single group or entity overseeing its function. In stark contrast to other cryptocurrencies that have teams of developers and founders, Bitcoin is able to run completely free of oversight.\nThis should also provide reassurance for Bitcoin investors, since there is little to no counterparty risk that comes with owning it. While it\'s often swept under the rug, investing in other cryptocurrencies is essentially an endorsement in the developers and founders that operate its blockchain, repair bugs, and in some instances, even adjust monetary policy. There is none of that with Bitcoin. It is truly a decentralized network with no entity at the helm.\nFurther solidifying its role as the bona fide cryptocurrency is its unmatched track record of security and performance. Bitcoin\'s blockchain has never gone offline nor been compromised, a feat few blockchains can claim. When considering that nearly 1 billion transactions have occurred on Bitcoin\'s network over the last 15 years, this accomplishment becomes all the more impressive.\nLast but not least, we must discuss Bitcoin\'s position at the forefront of a burgeoning financial revolution that is only in its initial phases. Surprisingly, only a meager 15% of the global population currently own cryptocurrencies.\nAs blockchain technology and cryptocurrencies establish their superiority over traditional fiat currencies, it isn\'t difficult to see how the value of cryptocurrencies is poised to soar with escalating adoption rates. This upward trajectory is not only promising for the entire asset class, but particularly advantageous for Bitcoin.\nAs the flagship and most valuable cryptocurrency, Bitcoin enjoys unparalleled accessibility, making it the natural entry point for newcomers venturing into the realm of digital assets. But not only is it the natural entry point for the average investor like you and me, it is finding a new home on Wall Street and traditional finance. Take the recent approval ofBitcoin ETFsas evidence.\nAdd it all up, and it is almost certain that Bitcoin\'s limited supply of 21 million coins will face mounting pressure in the coming years and decades. If this happens, its price will have nowhere to go but up in an attempt to keep pace with increased demand.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool', 'In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss:\n• Targetfinally finding its footing, and how the company is turning to loyalty programs for more growth.\n• CrowdStrike\'s results showing enterprise spend on cybersecurity isn\'t slowing down.\n• Bitcoin\'s ETF-fueled rise to all-time highs.\nMotley Fool host Deidre Woollard talks with analyst Sanmeet Deo about the highly speculative, highly futuristic world of eVTOLs and personal air travel.\nTo catch full episodes of all The Motley Fool\'s free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nShould you invest $1,000 in Target right now?\nBefore you buy stock in Target, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Target wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nThis video was recorded on March 6, 2024.\nDylan Lewis:Target\'s back on track and Crowdstrike hit all-time highs. Motley Fool money starts. Now. I\'m Dylan Lewis and I\'m joined over the airwaves by Motley Fool analyst, Asit Sharma. Asit, thanks for joining me today.\nAsit Sharma:Dylan, thanks for having me.\nDylan Lewis:We\'ve got stories of companies soaring today on earnings and in the sky with the future of personal air travel, we\'re going to start with the earnings results and we\'re going to start with a look at target asset, an interesting quarterly report for the company. Revenue slid, comps were down, but results were ahead of expectations and we saw a huge market reaction stocks up 15% after reporting.\nAsit Sharma:Target has been working on some nice parts of their business, Dylan, I really liked that their cost of sales has been held in check for awhile and it keeps decreasing. That way if you get just these small bumps on the top-line, revenues increased 1.7%. You can leverage that if you\'re watching your costs, the cost of product, and how you manage those costs before you get to your overhead expenses, which of course climbed a little bit. But look, profitability is up this quarter. Operating income was $1.9 billion. At first is $1.2 billion in the same period last year so investors like an earning story.\nDylan Lewis:Yeah, and I think probably something helping that top line and those margins, inventory, it seems the company has gotten a lot better with managing its inventory. Hasn\'t had to resort to discount and quite as much. This is something that really plagued this business about a year ago and it seems like that\'s gotten back on track for them.\nAsit Sharma:Yes, management has been talking about all the dislocations that occurred during the pandemic. In fact, in this latest call for this quarter, they said the dislocations are still ongoing. It\'s not like we still aren\'t struggling, but matching inventory to demand, that\'s something that Target has gotten much better with over the last couple of years. Inventories at very similar sales levels. Our down versus this time last year, $13.5 billion was the inventory balance at the end of January 2023. That\'s down to $11.9 billion as of February 3, 2024.\nDylan Lewis:Look at this quarter as a OK. We\'re back on track with the core business. We\'ve kinda right-size what we need to be doing with the balance sheet. We seem to have found what we need to be doing when it comes to pricing for target. We also got a glimpse at some of the growth initiatives and some of the next step type things that they want to reengage with our customers on. One of the things that I wanted to draw some attention on and get your take on here is the membership program. They are launching, circle 360. This is a paid membership program and Asit seemingly their answer toAmazonPrime andWalmartPlus.\nAsit Sharma:It\'s something that\'s been in the works for awhile. Dylan, they acquired a company called shipped SHIPT a few years ago, actually in 2017. Target has been working on optimizing same-day delivery, local deliveries over these past six years since they bought that company. At the same time, they\'ve worked with their store formats. They\'ve opened more stores. They have more points of presence where consumers are. They\'ve opened a lot more distribution centers, logistics centers. Their fulfillment capacity, it\'s way stronger than it was before the pandemic. The natural progression for them now is to try to get some of this business that Amazon and Walmart have been enjoying.\nBoth of which companies have great infrastructure themselves and I think we\'re target may have an edge here, at least initially is this price point. If you don\'t pay your Amazon Prime subscription a year in advance, Here\'s shelling out 16 bucks a month for all that convenience. While most of the inventory will be focused on target items for 49 bucks for a year subscription. I think that\'s something many consumers who would want to try. There are local marketplaces that target promotes through its shipped capabilities. This is very interesting and it\'s also just a progression as target becomes more amazon.com like they are also now expanding their digital advertising with vendors and [laughs] digital advertising revenue stream. It seems natural. I do think we\'ll have to see how good they are at this business, but maybe now is the right time to roll it out.\nDylan Lewis:I do wonder as we see all of the kind of traditional retailers and retailers that have kind of gotten into e-commerce a little bit faster, focus on these membership programs. I mean,Costcois their first right there, the OG in this space. But we\'ve seen Amazon do it so well. We\'ve seen Walmart do it so well and target now trying to focus more on it. If we\'re going to see consumers really focus more of their purchasing at a single retailer and have a little bit less of the average spend splitting out across multiple retailers. That would be the loyalty program for a lot of these businesses working the way they intend for them too.\nAsit Sharma:I think so, but the US consumer is so crazily agile. In fact, target pointed out on their conference call, look, you might not know this, but two-thirds of business still occurs in store, that consumers still likes to shop in store. We seem to have a lot of capacity for having multiple subscription and loyalty programs going on at one time, we shift our preferences, we\'ll shop more in store, then suddenly get on a wave of ordering things online. The customers nimble, I think what Target has figured out is they probably isn\'t going to be a winner. They\'re not going to be a sole winner in this space. The Costco\'s, Amazon\'s, Walmart\'s are going to be around.\nNew entrants will come. People still love small businesses, craft businesses but where Target wants to be is in that muscle category. They\'ve poured a lot of their billions in free cash flow into great ideas. In subsequent years. Those great ideas happen be store openings and fulfillment. They take cash that\'s left over after investing in physical capacity and invest it in the next year is I think that\'s something that\'s going to help them out. They\'ll be one of the last one standing if it ever does become like that, Dylan, if we ever narrow our focus and just shop from a few vendors, they\'ll I think they\'re going to be there.\nDylan Lewis:While we\'re checking in on the consumer asset. I think we saw a lot of the same signs that we\'ve been seeing in targets results. Not as much focus on some of the bigger, more expensive items in the stores. A lot of focus on affordability with consumers. I think one initiative that really caught my eye with respect to that is deal worthy, which is one of their new low-priced private brands, looking to bring a lot of products in under $10. As we look at a retailer Target as a barometer for what\'s going on with the consumer. What are you seeing?\nAsit Sharma:Consumers have a lot of propensity to bite on offers like this. When you see out in the marketplace that there\'s a part of the store where you can go in and I think $7 is another price point they mentioned. It draws you into that place. Now, Dollar stores have been doing this for a long time, but our needs to go beyond that. Target, you\'ve got price points that may get you in the door at seven bucks or 10 bucks or to order online from.\nBut they also extends all the way up into fairly high-priced consumer electronics, and that\'s where they\'ve always excelled. Target environments are meant to be a mix of different brands. In fact they\'ve talked about this, their own brand portfolio. They\'re private brand portfolio. They say would be a Fortune 100 company with $30 billion of sales annually. That\'s one-third of their gross margin. They understand that you\'ve got to have so many different price points and they do it through a mix of their own brands.\nAsit Sharma:Brands that the public loves, they have the partnership withUlta Beauty, and then also bringing in what they call the celebrity brands likeDisney, and in partnering withStarbucksand stores. They really want to lure you in with those price points, but think it\'s a good strategy. They have a little bit of an edge over the consumers who are exhausted financially and are stuck going to the dollar stores and discount stores. They\'re attracting some of those, but also people with a little bit more to spend who still want a bargain to come in.\nDylan Lewis:We also saw a great market reaction from CrowdStrike results shares up 20% following earnings that beat on the top and bottom lines, plus the company issued stronger-than-expected guidance for the upcoming quarter and full year. Asit, so much of the narrative in the enterprise space has been slowing customer spend. Maybe a little bit of a hard focus on the contracts that exist. Doesn\'t seem like that\'s affecting CrowdStrike to negatively.\nAsit Sharma:It\'s funny we\'ve heard so many CEOs of cybersecurity companies talk about this exhaustion in IT departments. They are pulling back their budgets. Even on the last thing you\'d expect you have to protect your enterprise. But CrowdStrike isn\'t seeing any of that. I think this is tied into an argument they\'ve been making for a long time, which is, there are too many products you have to buy to protect your organization. I think on their website they say that IT folks have to juggle like 42 products on average just to protect the organization.\nAnd all who are listening ever just want to have some fun and amusement. Listened to CEO George Kurtz diss the competition on a conference call. He doesn\'t hold back and he loves to talk about how complex it is to ensure that your organization will be protected from strikes, and how inadequate the different types of piecemeal offerings are. From the ground up, they\'ve always made this argument Dylan. We designed Falcon. Our security platform is Cloud native. It\'s one agent, and it\'s lightweight. You turn it on, you can add modules. This is a really seductive argument for companies that are paying so many different vendors and then spending time, money, resources to try to stitch them altogether. The argument of a platform like Falcon is that you don\'t have all that stitching.\nSo while other folks may price at a lower price point, our return on investment is much higher over time, and you\'re starting to see that prove out in the numbers of free cash flow margin of 31%, they\'re projecting that revenues can increase another billion this year from 2.7 billion, or up to $3.9 billion in a year. All of their metrics hitting that 30%, if you\'re talking about annualized recurring revenue growth. I think they\'re really enjoying a moment just because the simplicity argument is bearing out in the marketplace.\nDylan Lewis:You mentioned the recurring revenue as a focus there. In the results pod beer, the CFO reiterated the company\'s long-term guidance of hitting 10 billion in annual recurring revenue by 2030, that currently hits 3.4 billion. They\'ve a bit of ways to go from there, but it sounds like you\'re fairly confident in that mission.\nAsit Sharma:Because I think management has a pretty good roadmap to get there. What they\'ve done is to look at the parts of the cybersecurity industry where they can add value even if they\'re competing against really worthy competitor. So they have an identity management system that competes against Okta. They\'ve got observability platform that competes against the likes of Splunk, but where they see they can offer that return, they go there, they take years to build out those products and they add them to the platform and there\'s an uptake by customers. The other thing I like about it is big round numbers really inspire a lot of confidence among employees.ServiceNow, which I talk about a lot. They\'ve been graded doing this.\nI think they don\'t even get the next number out of their mouth and they change it. They up it. We want to be a $10 billion company. That\'s actually a rallying cry that ServiceNow was issuing just a few years ago, but I think this inspires confidence among vendor partners, it gives employees something to work toward, it really galvanize the sales team and it makes the product team understand that we\'ve got to execute on the roadmap. If we do the simple math of working backward, what is it going to take for us to reach this number? By 2030, it means we\'ve got to add another four pieces to the platform. I\'m making this up, but you get the [laughs] , by 2027. And I think running a business that way, if you\'ve got the product which is superior in the marketplace, why not? Go for it.\nDylan Lewis:CrowdStrike at all-time highs after reporting earnings and stepping outside of stocks. Bitcoin at all-time highs. The cryptocurrency hit near $69,000 this week and Asit, this has been a strong 2024 so far for the cryptocurrency, I think in large part because of the spot ETFs that were approved back in January.\nAsit Sharma:I agree with you, Dylan. There was so much demand that was being built up late last year as investors were waiting for this to happen. And just the publicity around that, I think tripled down into the consciousness of so many types of investors. The investor who looked at Bitcoin a few years ago and was like, "I\'m not going to try to custody these assets, how to even do that. Or, I don\'t want aCoinbaseaccount. They keep asked me to verify my identity every six minutes." I think that this was pent-up demand now has an outlet, but there\'s another investor as well that I\'m interested in. That\'s the institutional investor, who\'s looking at a period of prolonged high-interest rates, and not a lot of great options to generate Alpha, that is return on a risk-adjusted basis outside of US stocks.\nAgain, this happen, s we have long periods where the US stock market is the only game in town for a lot of institutions that have billions that they have to invest. So I think there\'s some of that money flowing into its non-qualitative assets, so it doesn\'t move in tandem with the market. It\'s even proven to be non-qualitative to risk assets like gold, which this is an argument I heard [laughs]. Early days like gold. But you are saying something that\'s very interesting before we started taping Dylan, that, outside of the store value argument, there is a financial like argument. This is like a financial instrument.\nDylan Lewis:I don\'t have a horse in the race when it comes to crypto. I don\'t own any cryptocurrencies, but I think it\'s instructive to look at this and the way that markets work and financial products work. We have long wondered what exactly the utility might be for Crypto, and with spot ETFs opening up, we are seeing a source of demand and another use case for this, and look no further than the fund inflows and the money, you mentioned that there\'s probably some institutional investors there. Over $50 billion have gone into the spot ETF funds since January. That\'s not all retail money. And that\'s immediately creating demand and purchase for something that\'s going to drive up the value. And I think regardless of whether you see the utility in this, it\'s useful to look at it and just understand the way that expanding access to something drives demand long term.\nAsit Sharma:I think that\'s spot on. Not to make upon on spot ETS [laughs], but there you go. Utility is the ability to diversify or to invest or take a little bit of risk in a low cost manner, which is what ETFs are designed to do.\nDylan Lewis:Asit, thanks for joining me today.\nAsit Sharma:Always fun, Dylan, thanks so much.\nDylan Lewis:Coming up our travel theme week continues with a look at the not-so-distant future of flying jets and mobiles. Motley Fool Money is Deidre Woollard talks with analyst Sanmeet Deo about the highly speculative, highly futuristic world of eVTOLs and personal air travel.\nDeidre Woollard:When we talk flying cars, we\'re not really talking flying cars that we\'re talking about eVTOLs. Well, what is it eVTOLs? Electric vertical takeoff and landing. It usually means it\'s a small vehicle. It\'s like a helicopter meets a giant drone, takes off like a helicopter mostly flies like a plane, usually short range, generally, maybe for passengers, Sanmeet you\'ve taken a look at some of the videos that pretty are they?\nSanmeet Deo:A lot of them are not that pretty. They looked like those you see those concept cars? Some of them look like these concept vehicles. I even saw a single-passenger eVTOL toll that was really odd looking, had all these multiple pillars. Although I will say maybe I\'m biased, but there is one that\'s being made byArcher Aviation, which we\'ll talk about later, called their midnight. That one is actually pretty sleek-looking.\nDeidre Woollard:Well, they did give it a cool name.\nSanmeet Deo:Yes. I showed it to my wife and she said, This looks very Batman-like my cab. Now not all of them are going to look as dark and mysterious and cool and they\'re going to have paint and they\'re going to have logos and stuff. But still, we\'re getting closer to some nicer-looking ones.\nDeidre Woollard:It does appeal to our superhero fantasies, I think but I wanted to talk a little bit about the use cases because it seems fantastical. The things that we saw in science fiction more like air freeways. This is not quite where we\'re going. They\'re pricier they around five million. No, they\'re not really for sale yet. But most obvious use case seems to be the some of the way we\'re using helicopters, which is air taxis in urban areas but I think as they get cheaper, there might be other applications. What else could we use these for?\nSanmeet Deo:The other thing I forget to that one thing to keep in mind is for our listeners that this isn\'t something that would be something each of us, obviously you named the price so it\'s quite alive. None of us have really $5 million just laying around to buy one of these, but flying cars gets a little confusing because it\'s not something that you\'re going to have one I\'m going to have one or family is going to have one. We\'re all going to be flying around like the Jetsons in flying cars. These are more commercial mass transit type vehicles or even Uber-like ridesharing or flight-sharing type vehicles. But I can imagine, it being used for cargo delivery, short-haul cargo delivery, transport around the cities. I could see it as being very useful for. But I think the sky is the limit there. There\'s a pun there, [laughs] but I think the sky\'s the limit for this.\nDeidre Woollard:I\'ve even heard of recreational leagues eventually happening or sporting events. I know they had but they had Joan flying links, so you never know. But before we can get to that place, we got to bring in the big guns, the Federal Aviation Administration, the FAA. They don\'t just call them eVTOLs, they call them advanced air mobility vehicles. Maybe a little catch here maybe not. It\'s interesting they tried to create rules for, of course, the flights for who can drive them for takeoff locations, Virta ports, that\'s a cool name. It\'s important to watch if you\'re following this industry because it is going to be heavily regulated. But this isn\'t pie in the sky. The FAA believes it will have multiple operators flying between multiple origins and destinations by 2028. But 2025 seems to be the date that companies that we\'re going to talk about are really looking for the initial certification. We\'ve seen some test flights. They\'re getting pretty close here\nSanmeet Deo:A couple of companies I\'ve seen are looking to even go live in 2025 and beyond. There\'s running test flights. They\'re getting approvals from FAA, they\'re getting some other certifications, are getting some of those initial stage certifications. Then they\'re working from there. There\'ll be up there sooner than we know.\nDeidre Woollard:I want to talk a little bit about the companies because you and I have both been following this space for a little while. I\'ve taken a speculative position in one. I think you\'ve taken a speculative position in the other one that we\'re going to talk about.\nSanmeet Deo:I have.\nDeidre Woollard:These are pure play. They\'re not making the profits and they\'re interesting because they\'re taking different approaches. I\'m going to talk first about Joby Aviation. They\'ve been public since November 2020, we put a four billion market cap. Their aim is to have commercial passengers next year if they get through that FAA process. One of the things I found particularly fascinating is they recently announced they\'ve got a six-year exclusivity deal in Dubai for air taxes, which means they would be able to run them and they\'re also getting some support from the Emirates on that. Really interesting there with both of these companies, we\'re looking at partnerships and one of the reasons the stock for both Archer and Joby has gone up and continues to go up is the strength of partnerships.\nWith Joby, you\'ve got a very close partnership withDelta. You\'ve got a partnership withToyota. You\'ve got interests from the Department of Defense. Speaking about Delta, they\'re planning with Delta for infrastructure at three airports, JFK, LaGuardia, and LAX. They\'re building out production, which is interesting, it\'s going to be a slow process. Their next milestone is to ramp up production. Looking at the cash, of course, these companies are spending a lot of money. At the end of last year, Joby had about a billion in cash. They spent 344 million during the year. For this year rather, they\'re going to spend between 440 and 470 million. Part of that is just the nature of trying to ramp up production.\nThis is all expensive. One of the things that\'s interesting is it\'s a new thing, but they\'re also using existing technology. Another thing you should know about Joby is major investors. I mentioned Delta, they\'ve got about 1.6%. Entails got about 4.5%. You\'ve got a lot of interest from other investors likeBlackRocktaking a look at this company, it\'s gotten farther faster than I would have expected. I bought in, I think about two years ago just after it went public and the company has really grown dramatically since then.\nSanmeet Deo:GOB is a very interesting one as well. The other one that I\'ve taken a speculative position in as well, and for listeners, keep in mind, these are pre-revenue, not even pre-process, they\'re pre-revenue, they don\'t they haven\'t sold anything yet, really do have some orders, but those can backfire or those could not happen, so they\'re just orders. Archer Aviation tickers, ACHR, so it\'s about $1.4 billion market cap company, so a little smaller than the GOB, and they\'ve also been public since December of 2020. They came public actually as a SPAC. They have some pretty impressive investors, largest investorsStellantis, which you might know as the auto company, so you\'d be wondering why is an auto company taking an interests investment of them, they also have a partnership with Stellantis. Really, I\'ll get to that part later. But Mark Lore founder of diapers.com and jet.com, also was previously, I believe it was the president of e-commerce at Walmart he owns about 9%.\nStellantis owns about 13%, and then United Airlines owns about 4% so they\'re a major investor and partner. Archer has a goal of being first-to-market and they\'re looking to go live in 2025. One of the things that I found very interesting about Archer was that since they started they have been focused on a quick path to certification. They\'re really focused on producing these things and getting them certified in, up in the air. Eighty percent of their subsystems and components are derived from certification heritage, which means these are parts and systems have already been certified and other aircraft or certified designs in other aircrafts so they can assemble all these different parts that are already certified, put it together, and then the certification process becomes a little quicker.\nThat\'s pretty cool. They\'re building huge manufacturing facility in Georgia and that they\'re hoping to eventually produce 650 aircraft annually once they start getting up and going and they\'re looking at their businesses is really with two revenue streams. Both estimated to be about 50% of their mix. One is just selling their crafts, selling them to the major airlines selling them to whoever else, but also aerial ride-sharing. Think ofUberfor the air, for Uber ride sharing. But in flight, and actually one of the executives on their team started the Uber Air flight ride sharing program.\nHe came over and they\'re estimating that ride-sharing or flight sharing, I should say. I don\'t know what they\'re going to call it now, but is estimate to be about $3 per seat miles. That\'s in line with pricing with Uber. Very close. That should be very interesting to see how they ramp and work on that. As a company. They have no debt. They have a 460 million in cash. They have an order book of 700 aircrafts worth potentially $3.5 billion. Again, that is potential revenue. That\'s not stuff they\'ve had come in lot can go wrong before they actually get that money.\nBut another interesting thing is that their partnership was Stellantis is also an investor is. As Stellantis if you don\'t know, is like the third largest auto manufacturer. They make Jeeps and various other brands. They\'re actually using them as almost like a contract manufacturer. You think of cars and they have the, the assembly line in the process to create, high-quality vehicles at mass scale very efficiently, and so by partnering with scientists, they\'re hoping to do the same for their aircraft and it helps reduce the capital requirements that Archer will have and increase their cash-flow when it comes to manufacturing aircrafts. I thought that was very unique. I don\'t know if that\'s what other companies are doing or not, but I thought that was quite interesting.\nDeidre Woollard:As we wrap up wondering what investors should think about as they look at this industry. For me, as I mentioned, small speculative stake and GOB. Looking, I\'ve liked what I\'ve seen so far, may consider adding more if it meets its targets. Things I\'m asking myself is, what is the total addressable market like who is the customer? To me, it\'s not like EVs as we talked about. It\'s not an individual flying car at this point. Could it be at some point? Possibly. Is this more like the early days of helicopters where you see gradual increased usage. That seems more likely to me. Looking at the market opportunity, wondering what I need to see to add more and also what could go wrong. We haven\'t had a big disaster, but that will happen the same way it\'s happened for other things. What are you looking at here?\nSanmeet Deo:The market opportunity, is this could be pie-in-the-sky numbers because this is so early stage, butMorganStanleypredicts that it can be 29 billion by 2030 and possibly over a trillion by 2040. That has obviously wiggle-room, we don\'t know for sure, but regardless, it\'s a huge market. If you assume that this will work, that they can get the certifications, that thing get these in the air, that it will happen. It\'s going to be a big market and it definitely will have room for multiple players in multiple ways of approaching the problem. What\'s exciting to me about the industry too is I think it is a little bit of the early days of helicopters and they\'ve referenced that and some of their calls of this is the new age helicopter.\nThe reason helicopters more successful for the same purpose was very high noise in an urban area like in New York City, San Francisco, big cities. The last thing people are going to want isn\'t all that noise flying around above you and then having to hear it also they were an electric. Having the all electric purpose gives it more of the cleanliness and the environmental friendliness that we\'re trending toward. Getting away from the pollution from helicopters or cars or reducing that congestion. To me it\'s like many of the signals is I\'ll be looking for certification.\nHow\'s that going? Because that\'s going to play a huge part, and if these things even get up off the ground. One interesting thing that I was listening to a video with the CEO of Archer that he said was the United States has an opportunity to continue to have the lead on aircraft and mobility. It really will be up to, he said if the one thing he could really have to push this industry forward would be for the FAA and regulation to really be accommodating and really help drive it forward to maintain or control lead in this space or because other countries are going to do it, they are already doing it.\nReally regulation and how the certification stuff goes is key and then also just safety. Like you said, I think some of these tests flights have had crashes and that\'s inevitable. You\'re seeing even with autonomous vehicles on the road, the crashes are going to happen as they prove this out. That\'s why the certification is very important. The trust in customers saying, am I going to get in one of these things and be safe and feel safe. Helicopters have a little bit of a sense from people on safety, so trust and safety will definitely be huge part and that\'s going to happen from as they start flying these things.\nDeidre Woollard:Absolutely. If the CEO of barter calls you up tomorrow, are you taking to test flight?\nSanmeet Deo:Oh, that\'s tough question. No, because I\'m usually a first-mover on a lot of products. Like if you were to use Apple VisionPro, there\'s not much risk to my life. There is a much higher risks to that.I don\'t want to be the first one. But if I see evidence of lots of flights being successful then maybe I would. Could you?\nDeidre Woollard:I would. If the CEO of GOB wants to call me up and take a flight. I\'m down.\nSanmeet Deo:As always, people on the program may own stocks mentioned in the Motley Fool may have formal recommendations for or against, don\'t buy or sell anything based solely on what you hear. I\'m Dylan Lewis. Thanks for listening. We\'ll be back tomorrow.\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Asit Sharmahas positions in Amazon, Costco Wholesale, ServiceNow, and Walt Disney.Deidre Woollardhas positions in Amazon.com, Costco Wholesale, Walmart, and Walt Disney.Dylan Lewishas no position in any of the stocks mentioned.Sanmeet Deohas pos Last 60 Days of Bitcoin's Closing Prices: [43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-16 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,340,785,348,712 - Hash Rate: 600922569.4689952 - Transaction Count: 355760.0 - Unique Addresses: 621787.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ether has outperformed its larger rival, bitcoin year-to-date. • Bernstein sees five catalysts contributing to the cryptocurrency’s recent gains. • Increased decentralized finance activity is a tailwind for the network. Ether {{ETH}}, the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin {{BTC}}, with a 33% gain year-to-date. This rally is being driven by catalysts other than thepotential approvalof a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased since the Ethereum blockchain’sshiftto a proof-of-stake consensus model in September 2022, the report said, adding that this fact is being underappreciated. The amount of ether locked up is also an important factor. Bernstein notes that ETH held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up. There is ETH locked in staking pools,decentralized finance(DeFi)smart contractsand onlayer-2s. “With the growth of ETH transaction fees based on higher blockchain activity (more DeFi, NFTs, tokens), more ETH holders are incentivized to stake their ETH,” analysts Gautam Chhugani and Mahika Sapra wrote. “And as financial smart contracts on Ethereum Layer 2 networks scale (Arbitrum, Optimism and Polygon), more ETH finds itself locked in smart contracts, leading to a reflexive feedback loop of increased demand,” the authors wrote. TheEigen layer, a protocol used for restaking ether, has also attracted more staking demand, as “ETH (re)stakers gain from new tokens/services launched on Eigen,” the note said. Since the start of 2023, new layer 2 networks have brought scalability and lower fees to the Ethereum network in a revival of decentralized finance, Bernstein said. With further clarity on token regulations, “application tokens such as DeFi tokens could potentially allow revenue sharing with token stakers,” the report said, adding that a “healthy DeFi ecosystem would continue to drive higher activity and Ethereum fees,” and therefore more value accrual to ETH. TheUniswapfee switch proposal, which resulted in a 60% gain in the UNI governance token, is cited as one such example of how “token economic designs” could get better. The last main catalyst is theDencun upgradeof the Ethereum blockchain, planned for March this year. Following the upgrade, “ETH contributors expect a further 90% reduction in Ethereum layer 2 transaction costs and improved profitability of layer 2 networks,” which will reduce congestion on the mainnet and drive higher volumes to the ecosystem, the report added.Read more:Ether Could Be The Next 'Institutional Darling,’ Bernstein Says... - Reddit Posts (Sample): [['u/Global_Jacket4962', 'PSA to whoever ', 37, '2024-03-16 00:04', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', 'I’m pretty sure - but correct me if I’m wrong.\nWe are NOT- yet in the bull run.\nThe bull run takes place after bitcoin halving.\n\nAt least that’s how I remember it.\n\nIs this not the “accumulation stage”\n\nI feel like we’re in different dimensions right now because that’s definitely how I remember it ', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', '1bfr8ht', [['u/rpaulson69', 10, '2024-03-16 01:19', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/kv2mw85/', 'Stacking frantically before 420 I am!', '1bfr8ht']]], ['u/Training-Daikon-7657', "CNBC's Fast Money (@CNBCFastMoney) on X", 46, '2024-03-16 00:24', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/', 'Institutional money about to flooooowwww in. Think what just happened with BTC after the approval of Bitcoin ETFs. \n\nTLRY from $1.8 to $25 then to $75', 'https://twitter.com/CNBCFastMoney/status/1768758916983185722', '1bfrowr', [['u/Tight_Gold_3457', 14, '2024-03-16 00:53', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/kv2j3eb/', 'So glad he said what he did!! He’s right too, this is just retail. What til big boys get in 🚀💰💎🙌🏻', '1bfrowr']]], ['u/Kronos5111', 'Theory about RIOT valuation ', 10, '2024-03-16 01:34', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', 'Was talking to someone about mining companies like RIOT and MARA. He thinks the stock is being shorted hard at the moment because of uncertainty if they will survive after the halving. He said he’s confident though BTC will keep going up to sustainable prices and that their infrastructure is sufficient and this will likely induce a short squeeze after a quarter or two of earnings and BTC price discovery.\n\nWhat do you think about this? In your opinion does it make sense or do you disagree?', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', '1bft8nq', [['u/ZekeTarsim', 10, '2024-03-16 01:59', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/kv2sxzh/', 'Riot and Mara are being shorted, they are being shorted most of the time.\n\nThere are miners that may not survive the halving, Riot and Mara are not among them—both are well positioned to survive.', '1bft8nq']]], ['u/MemoryDealers', 'Now what?', 10, '2024-03-16 04:32', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', 'For those of us who are still interested in P2P electronic cash for the world, what is the next step? \n\n\n1. Continue forward with BSV?\n2. Switch back to BCH?\n3. Switch back to the hope of BTC?\n4. Switch to privacy chains like XMR?\n5. Switch to EVM stuff?\n6. Switch to privacy token platforms like [Zano.org](https://Zano.org) \n7. Do something else? \n', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', '1bfwtf1', [['u/StealthyExcellent', 22, '2024-03-16 05:04', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3hi3a/', "Can we at least all agree it's high time to stop accusing bitcoin devs of crazy conspiracies, extreme bad faith machiavellian schemes, hackings, etc. Especially if you don't have very strong evidence against particular individuals, and instead it's just based on a hunch that bitcoin is being subverted by some generic evil powers that be. I apply that to all the flavours of bitcoin if need be.", '1bfwtf1'], ['u/klawzewitz', 10, '2024-03-16 06:08', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ocx9/', 'How is your lawsuit with Craig going? The one where he sued you for saying "Craig Wright is a liar and a fraud. Sue me.", both of which have been proven to be true at this point.', '1bfwtf1'], ['u/MemoryDealers', 16, '2024-03-16 06:48', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3s1pa/', 'I suspect he will drop the suit now, but currently he still has two pending against me.', '1bfwtf1'], ['u/HootieMcBEUB', 13, '2024-03-16 06:57', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3sw91/', 'Roger.\n\nThink back when Bitcoin was released and recall what the world was like with regards to electronic payments. They were difficult at best. People were rightfully leery. Paypal was barely off the ground if at all. eBay transactions were handled with USPS money orders.\n\nNow we have Google, Apple, PayPal, and many other payment processing options that ease the friction of online electronic cash for many 3rd party sellers.\n\nIt seems like it would be really difficult and highly unlikely for a cryptocurrency to become so wildly popular that it would be accepted at any location that also accepted Visa or Mastercard.\n\nIf anyone could do it, it might be Square given they have the infrastructure for payment processing already in place. Adding a Bitcoin option would be trivial, if they haven\'t done it already.\n\nBSV was never a contender for electronic cash. Once they forked from BCH, they moved to "big data" and started faking big blocks with pictures of hotdogs and toast on a plate (not joking).\n\nSo while I appreciate your message, I think the forks of Bitcoin have been bad for Bitcoin. They haven\'t shown themselves to be anything I would put faith into as the value and parity of BCH to BTC has been a real loser for those who held bags of BCH.', '1bfwtf1'], ['u/shadders333', 13, '2024-03-16 07:15', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ue58/', "You can post in r/bitcoinsv \n\nIt's not as active but I am the only mod as I removed the other. alAnd I've unbanned most of the people that other mods banned over the years.", '1bfwtf1']]], ['u/yourfavoritepenguin7', 'Every time you’re considering selling, read this post! ', 142, '2024-03-16 04:34', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', 'The date is March 12, 2028. The next Bitcoin halving is a month away. \n\n6 months ago, Solana has stolen the 2nd place spot from Ethereum. Making ETH third down the list on Coinmarketcap!\n\nPeople on Reddit are celebrating and making post about how they just became a Solana whole coiner.\n\nSolana has hit an ATH of $7,426.97 \n\nYou own zero SOL.. Unfortunately, you decided to listen to the naysayers. Now you’re kicking yourself. Because back in 2024, you could’ve bought in at $180. But you either didn’t buy or you sold.. \n\nLet’s not forget about the bear market of 2025 when SOL reaches $58. This whole time you could’ve been stacking. But you sold instead.. \n\nNow the people who held and kept stacking since 2024 are buying fully loaded SUVs in cash, and paying off their mortgages. \n\nAm I saying you should put your life savings is SOL? NO! \n\nBecause I don’t know what’s going to happen and SOL can go to $0.0000364 like Terra Luna did. But all I’m saying is, it doesn’t hurt to buy a little here and there. Maybe 1 SOL a month? Whatever you can afford to lose! \n\nJust remember, at one point Ethereum was in the $100 to $200 price range. And Ethereum sucks compared to Solana. This is our second chance! SOL is gonna be massive! \n\nAnd like my Grammy always said, you gotta be in it, to win it! \n\n\n', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', '1bfwuv8', [['u/Fine-Friendship-1292', 83, '2024-03-16 04:58', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3gsq2/', 'So this is one of those times where circulating supply matters…. Solana having over 2 trillion market cap is HIGHLY unlikely', '1bfwuv8'], ['u/LetsPost', 66, '2024-03-16 05:10', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3i8pn/', "I'm guessing OP doesn't understand most of those words.", '1bfwuv8'], ['u/Whocanmakemostmoney', 35, '2024-03-16 05:12', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ihkv/', 'Solana has more circulation supply than ethereum', '1bfwuv8'], ['u/tio_aved', 76, '2024-03-16 05:14', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ip5b/', "I like your enthusiasm, but I'd say more realistically we got an ATH of $800-$1000 in late 2025.", '1bfwuv8'], ['u/ZekeTarsim', 11, '2024-03-16 05:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3iyn3/', 'If your Grammy is so smart, how many SOL does she have?', '1bfwuv8'], ['u/Awkward_Potential_', 27, '2024-03-16 05:21', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3jfo1/', "You're right. It's unlikely. But, ETH has onboarded a small town's worth of people. That's it. It's not a ton of people. \n\nIf Solana gets a killer app on it (Hivemapper, Parallel Colony, DripHaus, Helium Mobile, Teleport, I could probably name 10 more contenders) I think you're sleeping on our chances. If 10% of Uber drivers decide that a Hivemapper dashcam is a sweet way to make an extra $200 a week (conservative estimate honestly) then that's already going to lead to more SOL holders. \n\nHonestly it's not even crazy to think it could happen this cycle. If Solana reaches an escape velocity, it'll get some ETH money flowing into it.", '1bfwuv8'], ['u/Golf_Euphoric', 40, '2024-03-16 05:43', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ltgg/', 'I agree with your price range but I disagree with the timeframe. \n\nI think it will be mid end 2024 into early 2025.\n\nSolana this cycle is an early mover so this is how I came out this thesis.', '1bfwuv8'], ['u/Odd_Delay220', 12, '2024-03-16 05:59', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3neiu/', 'Sold 65% of my solana today I am happy', '1bfwuv8'], ['u/tio_aved', 10, '2024-03-16 06:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3p6yo/', 'Cool I appreciate hearing your anticipation', '1bfwuv8'], ['u/Jackbob7', 20, '2024-03-16 06:27', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3q3yn/', 'You havent made any money, 0, until you sell. Taking profits is all too important which is often overlooked by ex. OP.', '1bfwuv8'], ['u/Odd_Delay220', 11, '2024-03-16 07:06', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3too2/', 'Can’t guarantee anything. I have no need to be greedy.', '1bfwuv8'], ['u/GetRuggedPleb', 10, '2024-03-16 07:22', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3v0yf/', '“Ethereum sucks compared to Solana.” This chimp statement says enough about your whole post.', '1bfwuv8'], ['u/Available_Cloud3875', 44, '2024-03-16 08:16', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3zbi3/', 'Woah a Solana holder and shiller on the SOLANA SUBREDDIT? Say it isn’t so!', '1bfwuv8'], ['u/Zerstoeroer', 10, '2024-03-16 08:55', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv42cev/', '700% for me, not selling before 600.', '1bfwuv8'], ['u/NotFunnyhah', 10, '2024-03-16 11:25', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv4dpwq/', 'He should have disclosed. We would have never guessed!!', '1bfwuv8']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, March 16, 2024', 35, '2024-03-16 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/', '1bfxc7x', [['u/Defacticool', 12, '2024-03-16 05:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3k9qx/', 'I dunno about you but I intend to entirely judge the current state of this market cycle just by how much activity the daily threads in here get this weekend. (not really)\n\nJust a few weeks before the ETF approvals it was dead in here every weekend, and then we seemingly went into full on bull frenzy territory almost over night.', '1bfxc7x'], ['u/dissociatives', 16, '2024-03-16 06:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3owga/', "I finally yolo'd the entirety of my disposable fiat. Ergo now is probably a good time to short, thank me later ;)", '1bfxc7x'], ['u/litecoinboy', 10, '2024-03-16 06:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3sm6h/', 'The world is changing: I feel it in the water, I feel it in the earth, and I smell it in the air.', '1bfxc7x'], ['u/ALL_THE_MONEY', 10, '2024-03-16 07:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3teia/', "Honestly the ETF approvals has me in here more because I literally don't care about daily action. Bitcoin is a legitimate financial instrument now. It took over a decade but it happened. I'm here to see similar comments I saw ten years ago and laugh", '1bfxc7x'], ['u/_TROLL', 13, '2024-03-16 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3ucjx/', "> I finally yolo'd the entirety of my disposable fiat, thank me later ;)\n\nThanks for adding $6.83 to the bitcoin total market cap. 😉", '1bfxc7x'], ['u/_TROLL', 20, '2024-03-16 08:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3ya05/', 'Imagine you bought $0.00 in BTC when it was $1, then $10, then $100, then $1000, and wound up the head moderator at /r/Buttcoin. 😝', '1bfxc7x'], ['u/Shootinsomebball', 37, '2024-03-16 09:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv454pq/', 'Seeing a few posts recently about how people will be deciding where the cycle top will be.\xa0\xa0I see 4 ways of doing this..,\n\xa0\n1/ Through your research you have decided to use an indicator or combination of indicators to predict the top.\xa0\xa0Using this method means the actual price point of your top only becomes more apparent as you get close to it\n\n2/ You have studied price projection models and have arrived at a cash out price\xa0\n\n3/ Using sentiment judgment.\xa0\xa0Eg coinbase app hitting no1 on apps store, your boomer aunt dumps her retirement into Bitcoin, taxi driver shilling a shitcoin, social media signals etc\xa0\n\n4/ You have a net worth amount in mind.\xa0\xa0This is the method I’ll be using.\xa0\xa0Once there is enough on the table for me to be financially independent, I’ll be cashing out and living off safe, low interest investments.\xa0\xa0I can then use that income to reinvest into Bitcoin and restart a trading journey whilst enjoying the perks of retirement\n\nI think the key take away is stick to your plan.\xa0\xa0In a frenzied bull market it’s easy to get carried away and feel like you’d be leaving so much on the table by cashing out.\xa0\xa0At the top it always feels like we’re about to push into a new phase of price discovery.\xa0\xa0Of course fomo is a thing, but once you press that sell button after hitting you target, the relief will feel good\xa0', '1bfxc7x'], ['u/CompleteApartment839', 15, '2024-03-16 10:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv48zsd/', 'Well said. I think the key advice here is: utility of money often trumps optimizing maximum returns.\n\nI’m getting close to retirement money but it’s not FU money. I keep debating if I want to hold off for that or just peace out and be contented with a more than average lifestyle.', '1bfxc7x'], ['u/John_Crypto_Rambo', 17, '2024-03-16 10:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4b2u7/', 'I like #1 the best because it takes the emotional decision out of your hands. \xa0Emotions are so very high at the top that everything in your being will tell you not to sell and it will feel so wrong. \xa0But the indicators are emotionless, once they hit that is it and you sell or buy. \xa0And that is key. \xa0Because the absolute worst thing you can do is not take action and sit in another bull or bear market out of position. \xa0You don’t have to nail the top or bottom. \xa0Just getting near it is good enough. \xa0I don’t like price or net worth ones because that little devil on your shoulder will start talking. \xa0\n\n“Yes, 200k is nice but what if DiyDude is right and $1 million is on the table? \xa0He says cycles are over.”\n\n“Yes, $X is nice but what if I had $2X and I could be at my goal in this cycle and won’t need another one?”', '1bfxc7x'], ['u/Perriax', 11, '2024-03-16 12:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4iuyg/', "Then it would've been very unusual.", '1bfxc7x'], ['u/lamboworldforus', 13, '2024-03-16 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4iw3i/', 'Then crypto is dead.', '1bfxc7x'], ['u/Cadenca', 23, '2024-03-16 12:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4izti/', 'Good afternoon. I have no idea where the price is headed. That is all, have good day.', '1bfxc7x'], ['u/-balu-', 14, '2024-03-16 13:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4q4wo/', "This is the line I'm looking at: [https://imgchest.com/p/9p4n2xdob4n](https://imgchest.com/p/9p4n2xdob4n)\n\nUntil we break it even crabbing is only a daydream.", '1bfxc7x'], ['u/TonyTuck', 12, '2024-03-16 13:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4qs90/', "Could be.\n\nBut for me it's as probable as going to 300k+ this cycle.", '1bfxc7x'], ['u/VintageRudy', 11, '2024-03-16 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4xlw2/', "I was thinking I'd find a findom mistress that would charge me over what id get from renting the house out but prob just go with renting something in the part of town I dig. Walking distance to the restaurants I like and pet'friendly", '1bfxc7x'], ['u/xtal_00', 18, '2024-03-16 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5a6sf/', 'I think everyone should panic and dump the price, I don’t have enough yet.', '1bfxc7x'], ['u/WYLFriesWthat', 10, '2024-03-16 16:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5ad6j/', 'The advice my buddy got from his Discord buddy who is supposedly working for some crypto billionaire was: “let’s all step away for a few days and touch grass.”', '1bfxc7x'], ['u/twitterisawesome', 10, '2024-03-16 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5jmxs/', "We were a bit early this year in making new highs and it seems reasonable to expect the market to resume marching upwards after halving. \n\nSo if the price will be making new highs in just 4-5 weeks, does it make sense to dump now? I don't think so. \n\nSo in the end I think we'll end up with a rising wedge or cup pattern as people realize there's no reason to dump this close to halving.", '1bfxc7x'], ['u/btc-_-', 10, '2024-03-16 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5kw1j/', "if we break down below the midterm channel (in blue) and have a few hourly candle closes there, i think i'll turn short-term bearish until the halving. if we can hold the channel and break out of the current wedge, then that's nice and bullish.\n\nchannel and wedge: https://i.imgur.com/58urcog.png\n\nzoomed in a bit: https://i.imgur.com/dRZEbcD.png\n\nlonger term, none of the indicators i'm watching have even been close to flashing. this cycle is far from over, even if we have a bit of a correction here.", '1bfxc7x'], ['u/btc-_-', 52, '2024-03-16 17:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5pgb3/', "this account was deleted but i kind of liked the indicators so i'm going to keep looking at them and updating the sub on their status. they are 11 near-top indicators and their goal isn't to time an exact top.\n\ncurrently, 0 out of 11 indicators are flashing. none have flashed since the 2021 cycle top, as far as i'm aware.\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/1b58wbc/daily_discussion_sunday_march_03_2024/kt842cx/", '1bfxc7x'], ['u/WYLFriesWthat', 10, '2024-03-16 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5ry0a/', 'Jesus Christ. Bitcoin makes an ATH 7% higher than the last one and people need to psych themselves up that the cycle isn’t over. \n\nNGMI.', '1bfxc7x'], ['u/xtal_00', 10, '2024-03-16 18:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5swt2/', 'It’s real, real early.', '1bfxc7x'], ['u/itsthesecans', 18, '2024-03-16 18:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5uy3c/', 'Interesting article from yesterday speculating that the price action Thursday was because of a hedge fund getting rekt trying to fade the MSTR premium.\n\n[https://www.tradingview.com/news/newsbtc:41bbbffaf094b:0-bitcoin-crash-triggered-by-failed-1-billion-hedge-fund-spread-trade-expert/](https://www.tradingview.com/news/newsbtc:41bbbffaf094b:0-bitcoin-crash-triggered-by-failed-1-billion-hedge-fund-spread-trade-expert/)\n\n“Apparently a fund blew out $1b+ on the MSTR-BTC spread trade today. They covered into the close which is why BTC dumped and MSTR premium went to the highs. PNL pocketed by based Saylor and will be put back into BTC.”', '1bfxc7x'], ['u/snek-jazz', 13, '2024-03-16 18:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5xshi/', "of all CEOs shorts picked to fuck with, Saylor may have been a poor choice, you know he'll go balls to the wall to drain everything out of them.", '1bfxc7x'], ['u/pseudonominom', 10, '2024-03-16 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv61ndt/', 'Honey badger don’t differentiate.', '1bfxc7x'], ['u/noeeel', 11, '2024-03-16 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv63wev/', 'I still think a larger correction is coming, weekly still extremly overbought. 50k before 100k is still my assumption', '1bfxc7x'], ['u/Teatrack', 13, '2024-03-16 19:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv64ru7/', 'Weekly needs to stay overbought for $100k. Overbought rsi is bullish. Weekly RSI starts closing below 70 is a warning flag', '1bfxc7x'], ['u/Whole-Emergency9251', 18, '2024-03-16 19:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv64ybf/', "$66K support, if it breaks $61.5K and we'll go sideways though halving. Not to worry, this is just pre-having rally retrace. Month or so after halving, we'll go parabolic again.", '1bfxc7x'], ['u/Defacticool', 11, '2024-03-16 19:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv65439/', ">and updating the sub on their status\n\nThank you, you're a god send", '1bfxc7x'], ['u/snek-jazz', 22, '2024-03-16 19:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv68n02/', 'by everyone do you mean the ~150 people active on his sub or... ?', '1bfxc7x'], ['u/Effayy', 12, '2024-03-16 19:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv68zjc/', "A rug pull is defined by owners/producers of a currency providing unrealistic promises and dumping their pre-mined / pre-allocated to the masses leaving bag-holders with a useless token which won't receive further development. So this is what you're saying? Satoshi works for Greyscale and he's dumping BTC to 0?", '1bfxc7x'], ['u/Magikarpeles', 16, '2024-03-16 19:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv69z63/', 'Bat signal on the 1d RSI. Hopefully he answers our call..', '1bfxc7x'], ['u/relephants', 11, '2024-03-16 19:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6a2ph/', "That's not what a rug pull is", '1bfxc7x'], ['u/Outrageous-Net-7164', 20, '2024-03-16 19:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6awlf/', 'I’ve probably gone too early here but I’ve bought a decent chunk Today.\n\nBiggest purchase since April 2020 (Covid)', '1bfxc7x'], ['u/btctrader12', 13, '2024-03-16 20:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6cguv/', 'It’s so funny to see people come up with narratives after the events happen here. Price keeps going up? More inflows. Price went down? Inflows reduced and a fund had to close their position because the price went down. \n\nSo what you’re saying is that the price went down because there’s less money flowing into the market? Thanks Sherlock. \n\nWhat matters is future inflows, future position covers, and future events. If you can’t predict this, looking at what’s recently happening is useless. Following trends overall works since people follow them. There isn’t any magic to them except people getting together and entering a self fulfilling prophecy. It works until it doesn’t', '1bfxc7x'], ['u/xtal_00', 14, '2024-03-16 20:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6d8dp/', 'If that happened, it’s puke bucket, leverage, and home equity time.', '1bfxc7x'], ['u/pseudonominom', 14, '2024-03-16 20:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6epsu/', 'It’s not even that low. The euphoria is making people silly.', '1bfxc7x'], ['u/oncemoor', 11, '2024-03-16 22:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6zybq/', 'The Degens thought they could leverage themselves and ride the backs of Wall Street. Never was going to happen, just too easy to liquidate and allow Wall Street to recoup the premiums they been paying with leveraged traders front running them. Everyone is so focused on ETF inflows but have forgotten that leveraged traders make the inflows look like a drop in the bucket. The +20x leveraged traders have been liquidated. Let’s see how the 10x do. Same game just different whales now.', '1bfxc7x'], ['u/twitterisawesome', 12, '2024-03-16 22:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70itj/', 'Is this the price discovery everyone is talking about? lol', '1bfxc7x'], ['u/make_n_bake', 14, '2024-03-16 22:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70vux/', 'providing opportunity', '1bfxc7x'], ['u/xtal_00', 22, '2024-03-16 22:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70xmf/', 'People with high time preference are outing themselves?', '1bfxc7x'], ['u/TouchMyTumor', 14, '2024-03-16 22:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv7115d/', 'Someone call the bitcoin CEO immediately', '1bfxc7x'], ['u/Far_Statement_2808', 23, '2024-03-16 22:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv71kpz/', 'The price went from ~$42k in the beginning of February to $70k in a month. Does that not strike folks as a bit ambitious? If we hold $60k it will be a good start for the next move.', '1bfxc7x'], ['u/AccidentalArbitrage', 16, '2024-03-16 23:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv76ltu/', 'returning to prices not seen since....yesterday?', '1bfxc7x'], ['u/ChadRun04', 12, '2024-03-16 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv7bdma/', 'I thought the instructions were clear. Buy another car to go long again.', '1bfxc7x']]], ['u/Bitbuyer313', "Why I'll never stop attempting to orange pill everyone i cross paths with.", 47, '2024-03-16 05:09', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/', "While it's easy to get frustrated at how long it takes people to fully wrap their head around and understand Bitcoin, I think this is an unintended feature and not a problem. \n\nIf Bitcoin was easy enough for everyone to grasp almost immediately there would currently be none left for sale.\n\nNot to mention that it's slow burn allowed for it to grow from a small flame that governments ignored, to the raging and unstoppable wildfire that it is today.\n\nHave patience with those who shrug it off when you try to orange pill them. I've lost count of how many people I've explained Bitcoin\u202fto over the years that were quick to shrug it off but became interested in it and began to study it as NGU.\n\nFor many, (myself included) it's a multi cycle learning curve to gain the level of convinction I have now.\n\nI absolutely regret not buying more in my earlier years, but consider myself lucky that I accidentally discovered it when I did in mid 2017.\n\nI'll never stop trying to orange pill people. Sometimes all it takes is planting the seed and letting NGU water and nurture it for you.", 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/', '1bfxifr', [['u/Tasty_Action5073', 30, '2024-03-16 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3jl8z/', 'I made peace with this a month ago. I realized that while I really want my friends to understand before “the price gets too high”, if my friends were already Bitcoiners, the price would have already got too high. \n\nFunny how this works, it’s all the same, it’s just a matter of the timeline. If my friends were Bitcoiners we would already be at $300K. And when they do, the price will also be at $300K. \n\nSo I gave up, I now only answer the curious.', '1bfxifr'], ['u/Bitbuyer313', 12, '2024-03-16 05:24', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3jsx1/', '💯💯 Everyone buys Bitcoin at the price they deserve, myself included.', '1bfxifr'], ['u/Supercc', 17, '2024-03-16 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3kwxi/', "Good for you. I don't try to convince anyone and feel 0 frustration. I just keep stacking them SATs, smile and live my life.", '1bfxifr'], ['u/Zealousideal_Neck78', 10, '2024-03-16 09:42', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv45uxf/', "I didn't know Bitcoin was a religion.", '1bfxifr']]], ['u/veganlandfill', '35:30 Hour Community Auction Zalher Holler', 32, '2024-03-16 05:31', 'https://www.reddit.com/r/Currencytradingcards/comments/1bfxx3g/3530_hour_community_auction_zalher_holler/', 'Auction starts as soon as post is live. \n\nAuction ends noon 12:00 PM EST Sunday March 17th\n\nAuction open to all community members. I will cover domestic shipping costs, if winner is international I will cover shipping up to 50$usd.\n\nPlease use my LOT Number Comments to make your bids, that is the only place I will accept bids, no DMs. If you are OUTSIDE of my lot comments making a bid, please format in this method "Lot (number), (bid amount)", but try not to do that for sanities sake. \n\nLOTS include signed, numbered print directly from artist with accompanying gemstone refractor. \n\nLOT Descriptions:\n\nLot 1: series 1 4 Ethereum Signed Print 2/10 with Beryl refractor. Starting bid 75$; bid increment 5$\n\nLot 2: series 1 26 fiat Signed Print 1/10 with Emerald refractor. Starting bid 85$; bid increment 5$\n\nLot 3: series 2 59 Sam Bankman-Fried Signed Print 1/10 with Amethyst refractor. Starting bid 100$; bid increment 5$\n\nPayPal or btc payments only. Payment required within 2 hours of close of auction or I move down the list of high bidders. I may or may not confirm you as the high bidder while the post is active. \n\nHappy to answer any questions. Huge shout out to Thomas Zahler, absolute shining human responsible for a ton of incredible art across series 1 and 2. I have received his blessing to do this and hope to be able to do this in the future!\n\nNote: Lot 3 is actual scale, Lot 2 and 1 are not to scale because I\'m a silly goose. If any mediation is needed for any reason, I will respectfully request a forum mod be the arbiter to avoid any bias from me. \n\nGood luck in the universe and I\'m glad you\'re here!', 'https://www.reddit.com/gallery/1bfxx3g', '1bfxx3g', [['u/SPAClivesmatter', 10, '2024-03-16 05:51', 'https://www.reddit.com/r/Currencytradingcards/comments/1bfxx3g/3530_hour_community_auction_zalher_holler/kv3mlu6/', 'You little sneaky vegan bastard how did you acquire these?', '1bfxx3g']]], ['u/rBitcoinMod', 'Daily Discussion, March 16, 2024', 35, '2024-03-16 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1bf74bx/daily_discussion_march_15_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/', '1bfzghk', [['u/harvested', 10, '2024-03-16 08:18', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv3zjge/', 'Thought it was a record week?', '1bfzghk'], ['u/Visara57', 17, '2024-03-16 12:15', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4hz4r/', 'Instructions unclear, bought more bitcoin', '1bfzghk'], ['u/Just1_More', 12, '2024-03-16 12:26', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4j1m5/', 'The Microstragety team is buying $525 million worth of bitcoin this weekend.', '1bfzghk'], ['u/aaron2933', 13, '2024-03-16 13:51', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4rxt6/', 'I love the posts of people selling a bunch of stuff, loans, whatever to go all in on btc _after_ the price has pumped', '1bfzghk'], ['u/IronRambler', 11, '2024-03-16 14:19', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4vg8b/', 'Same. I was putting as much as I could into Bitcoin over the last year +. Now I have friends talking about liquidating other assets to put into Bitcoin and I’m like where was this conviction a year ago?', '1bfzghk'], ['u/Simply2use', 14, '2024-03-16 15:24', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv54g6k/', "The etf's are buying a 1 to 1 on behalf of their customers. Larry may very well have his own money custodied and therefore be buying bitcoin etf's himself. But all of this buying is for the customers.\n\n\nGreyscale are the ones selling and dropping the price. If anything I'd be more concerned that Michael Sonnenshein is keeping the greyscale etf fee high to encourage selling to drop the price so he himself can load up.\n\n\nNot simping for fink but his incentives aline with the price going up not down. Higher price more fomo, more fomo more investors, more investors more inflows for blackrock.\n\n\nAt least until and unless they get etp's approved.", '1bfzghk'], ['u/RMCustoms', 10, '2024-03-16 20:36', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6i23w/', 'Comments like this give me hope that we’ll never get near the 40s again', '1bfzghk'], ['u/iM0bius', 13, '2024-03-16 21:48', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6tdl6/', 'Omg brother. You just became the pin up poster for the reason to hold', '1bfzghk'], ['u/iM0bius', 13, '2024-03-16 22:04', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6vuyi/', '45k is very unlikely in my opinion. Two huge support zones rest between 60,700 and 66,700. The lowest I could possibly see is 58k, but I even find this unlikely.\n\n\nOne of the US largest wealth management companies just announced they will start offering the BTC etfs to their clients. They start training their financial professionals in 9 days. Whales will more then likely buy before this comes online. As the firm has close to 200 billion in assets under management as of today, and more then 12000 financial professionals in the organization. They could easily match the inflows to date into the ETFs\n\n\nThis is only my opinion, always do your own research.\xa0', '1bfzghk'], ['u/Ok_Art_2874', 12, '2024-03-16 22:19', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6y5uc/', 'Stop trading BTC. Just buy and hold - aka HODL', '1bfzghk'], ['u/Paria1187', 10, '2024-03-16 22:26', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6z6cw/', 'I bought the dip, but it keeps dipping 🥲', '1bfzghk'], ['u/Ratatablabla', 11, '2024-03-16 22:40', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv71ejw/', 'From your behind?', '1bfzghk'], ['u/Ramdom_c-137', 11, '2024-03-16 23:21', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv77m6x/', "Guys this is such a power play move by institutions. \n\nCatch everyone by surprise with ATH before halving literally never happened before. \n\nWatch the leveraged noobs over leverage thinking it can't possibly crash 20-30% before halving if it hit ATH..\n\nYou can't short BTC if it keeps dropping at its current rate, you can't long BTC without interest payments which are ludicrous on a high leverage. This eats up liquidity one way or another.\n\nPeople have to lose money in order to stabilise a higher price. \n\nDo you see mass selling by the ETFs? Is Michael Saylor dumping? They have the balls and funds to ride this train, if you don't have the risk tolerance to ride this roller coaster then unfortunately you will lose. Buy more in these dips and watch your DCA improve. This game has just begun, we're looking at the best outcome in 8-12 years from now. HoDL is key. Sell when you want but selling at a loss is just plain stupid, you know without a doubt where Bitcoin is heading, don't let the Fear, uncertainty or doubt cloud your judgement. The software behind bitcoin is pioneering a new age of financial freedom. You're on the right side of history. \n\nI remember people said it would never hit $0.01 back in 2009 and I listened to these morons going against my gut instinct. I should be a centi-billionaire right now. (I'm totally glad I'm not btw, I'd definitely end up being a megalomaniac with that kind of power)\nNever again will I make this mistake.\n\nThose who do not learn history are doomed to repeat it.", '1bfzghk']]], ['u/Comfortable_Pen_3809', 'Thoughts on this bull run?', 11, '2024-03-16 08:26', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/', 'Bitcoin has just reached an all time high before the halving event, proving this bull run is/will be different from those in the past. I am all in on Aero, but I can’t help but feel like this bull market will be throwing more curveballs than we’ve seen in the past. Aero is looking like a solid investment, but I am expecting the market to perform differently than it has in the past making it hard to know when to pull out, and when to avoid panic selling, etc. Is anyone else paranoid and feeling overly cautious?😅\n', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/', '1bg0lrk', [['u/pillowdemon', 11, '2024-03-16 10:21', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/kv48rn9/', 'You caught me after a couple drinks so heads up\n\nI\'m seeing several factors at play:\n\n1. Crypto was massively popularized during the last bull run partially as an offshoot of newly minted retail investors transitioning over from the GME short squeeze. Add Elon Musk almost single-handedly catalyzing memecoins into market legitimacy and it\'s this big bang event of new investors popping into existence out of basically nowhere. \n2. The ratio of veterans to noobs seems higher this run. So we have more people who\'ve gotten their hands dirty for at least one cycle and know for a fact that there are significant gains to be had in crypto, along with more whales day trading the highs and lows. So I\'m seeing this frankly terrifying and hilarious mix of fresh noobs flooding the memecoin subs proliferating and reinforcing extremely bad habits off each other, along with what I suspect are more veteran investors sliding in and encouraging bad habits because they stand to gain real profits off hapless noob retail investors buying dip after dip and contuining to hold well past preposterous spikes, en masse at that.\n3. Overall, crypto as a real mechanism to make meaningful returns on small buy-ins has gained more acceptance, or perhaps more raw acknowledgement in modern society. But I think this bull run is developing two subdivisions: the first being noobs and veterans who are in it to pump and dump memecoins for quick multipliers, and the second being basically the average userbase of this sub, where generally it seems we have some interest in the underlying technology and utility of crypto as a force that\'s slowly gaining traction in geopolitical socioeconomics, are probably sick of babysitting charts every second to catch flash-in-the-pan 11x multiplier windows, and have more of the fundamental tools needed to navigate this new and developing investment space which essentially acts as both a microcosm and a huge exaggeration in both timeframe and returns of "actual" traditional investing.\n\nThese factors all lead to my guess (and that\'s what this is about to be, literally just guesses) that the huge gigantic flash-pan 100x 2-minute explosions will be more toned down this run, to the eventual disappointment of noob retail investors who choose to remain uninformed about the basics of crypto and investing, and a shift toward tokens with at least some inherent technological value like AERO as more people acknowledge crypto\'s reach and utility in transforming everyday finance.', '1bg0lrk']]], ['u/muff-muncher-420', 'Bitcoin Blowout: Plunging Crypto Prices Trigger $800 Million in Liquidations', 122, '2024-03-16 09:08', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/', 'Going long when already trading at an ATH? What could possibly go wrong?', 'https://decrypt.co/221922/bitcoin-blowout-plunging-crypto-prices-800-million-liquidations', '1bg15xz', [['u/muff-muncher-420', 62, '2024-03-16 11:36', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4ep6g/', 'Yep. And that 7% dip, which is just a regular day in the Bitcoin world managed to wipe out $800 million.\n\nWith it trading at ATH, the likelihood of a drop is massive. To have enough confidence to go long from that price point is top tier degeneracy.', '1bg15xz'], ['u/customtoggle', 34, '2024-03-16 11:56', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4gdw3/', "'It's also only up 1.4% from 2021'\n\n\nLmao, hilariously sad", '1bg15xz'], ['u/ProfanestOfLemons', 18, '2024-03-16 12:08', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4hcqb/', 'why do you care about downvotes', '1bg15xz'], ['u/deadcactus101', 10, '2024-03-16 12:23', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4ipdq/', "Inflation never topped 10%. Annualized from 2021 it's somewhere around 6%. A 4% real return is nothing to write home about, but also not nothing. It actually outperformed most asset classes in that period. Stocks are a natural hedge against inflation because they're value is based on claims of companies cash flow which not surprisingly on average increase at the same rate as inflation (actually slightly better because debt decreases in real terms).", '1bg15xz'], ['u/borald_trumperson', 67, '2024-03-16 14:02', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4tcb4/', 'Less than a week over ATH. Real return of -20% in three years\n\nAnd these idiots still come to gloat', '1bg15xz'], ['u/LuDux', 81, '2024-03-16 15:00', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv50vf6/', 'Quick! Mortgage your house! Max your credit cards! Go all in!', '1bg15xz'], ['u/markbyrn', 17, '2024-03-16 15:01', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv512lz/', "It's just a transfer of wealth 😜", '1bg15xz'], ['u/Major_Needleworker36', 49, '2024-03-16 15:03', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv51dju/', 'Whales: "Did we get retail interested yet?"\n\nWhales: "I think we did!"', '1bg15xz'], ['u/liveduhlife', 59, '2024-03-16 15:13', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv52rlr/', 'As much as I’d like to agree with you, cherry picking time frames isn’t a good look.', '1bg15xz'], ['u/borald_trumperson', 26, '2024-03-16 15:14', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv52zbc/', 'Hardly cherry picking to say it\'s gone nowhere in 3 years. Zero returns. My stocks have done better than that. It also defeats this idiot "number go up forever" mantra', '1bg15xz'], ['u/cjorgensen', 15, '2024-03-16 15:59', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv59mbj/', 'My AAPL stock has gone no where in two years. Zero returns.\n\nNow, if you look at the 10 year return…', '1bg15xz'], ['u/PerfectZeong', 10, '2024-03-16 16:14', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5bxe9/', 'Realistically most of the people who invested in crypto would have put their money in near the peak so it makes sense.', '1bg15xz'], ['u/borald_trumperson', 22, '2024-03-16 17:03', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5jnvf/', 'AAPL has been paying a dividend\n\nBitcoin is just a pump and dump', '1bg15xz'], ['u/WillistheWillow', 18, '2024-03-16 17:59', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5smv7/', 'Bleed them slowly, the idiots will always "buy the dip."', '1bg15xz'], ['u/CallMeAnanda', 21, '2024-03-16 18:16', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5vgmd/', 'Right, so while the price has been flat for 3 years, you have more shares at that same price. You still made money.', '1bg15xz'], ['u/Tanksgivingmiracle', 12, '2024-03-16 18:48', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv60rh2/', 'Do that for apple, google, and microsoft too...', '1bg15xz'], ['u/Cerael', 16, '2024-03-16 19:06', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv63nx0/', 'Bought on margin', '1bg15xz'], ['u/borald_trumperson', 12, '2024-03-16 19:22', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv665sg/', "Yes as the commenter be... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', 'WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', "VILNIUS, LITHUANIA / ACCESSWIRE / March 17, 2024 /BITmarketshas published its Crypto Outlook 2024, a research with the ambition to explore digital assets capable of transforming the crypto world in 2024. Besides the awaited Bitcoin halving, the analytical team of the crypto exchange explored the potential of new rising stars such as Helium or AVAX.\nThe study also examines events poised to shape Bitcoin's trajectory in 2024, including the development of exchange-traded funds (ETFs), providing insights into what lies ahead for the cryptocurrency.\nYou can find more information on BITmarkets' outlook on 2024 in thestudy.\nBITmarkets is a cryptocurrency exchange which offers 24/7 support in 15 languages. Traders can engage in spot trading in 150+ cryptocurrencies as well as trade innovative futures contracts. BITmarkets has also introduced its native utility token, BTMT, which has entered the free market as of 4th March, with its listing on the BITmarkets exchange for trading and purchase.\nBITmarkets Spot Trading Services are provided to you by UAB BITmarkets, which is an authorized virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under the licence no: 306062346, supervised by the Financial Crime Investigation Service and acting under the trademark BITmarkets.\nThe information provided in this article is intended for educational purposes only and should not be construed as professional advice, financial advice or trading advice. Any reference to specific investment should not be interpreted as an advice or recommendation. Before making any investment decisions, readers should conduct their own research and consult with a financial advisor considering that cryptocurrency investments are speculative in nature and carry inherent risks. The author of the article and the affiliated Company shall not be held responsible for any loss or damage incurred due to the information provided in this article.\nPR Contact:[email protected]\nSOURCE:BITmarkets\nView the originalpress releaseon accesswire.com", "VILNIUS, LITHUANIA / ACCESSWIRE / March 17, 2024 /BITmarketshas published its Crypto Outlook 2024, a research with the ambition to explore digital assets capable of transforming the crypto world in 2024. Besides the awaited Bitcoin halving, the analytical team of the crypto exchange explored the potential of new rising stars such as Helium or AVAX.\nThe study also examines events poised to shape Bitcoin's trajectory in 2024, including the development of exchange-traded funds (ETFs), providing insights into what lies ahead for the cryptocurrency.\nYou can find more information on BITmarkets' outlook on 2024 in thestudy.\nBITmarkets is a cryptocurrency exchange which offers 24/7 support in 15 languages. Traders can engage in spot trading in 150+ cryptocurrencies as well as trade innovative futures contracts. BITmarkets has also introduced its native utility token, BTMT, which has entered the free market as of 4th March, with its listing on the BITmarkets exchange for trading and purchase.\nBITmarkets Spot Trading Services are provided to you by UAB BITmarkets, which is an authorized virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under the licence no: 306062346, supervised by the Financial Crime Investigation Service and acting under the trademark BITmarkets.\nThe information provided in this article is intended for educational purposes only and should not be construed as professional advice, financial advice or trading advice. Any reference to specific investment should not be interpreted as an advice or recommendation. Before making any investment decisions, readers should conduct their own research and consult with a financial advisor considering that cryptocurrency investments are speculative in nature and carry inherent risks. The author of the article and the affiliated Company shall not be held responsible for any loss or damage incurred due to the information provided in this article.\nPR Contact:[email protected]\nSOURCE:BITmarkets\nView the originalpress releaseon accesswire.com", 'Cryptocurrency has been on theinvesting scene for a while, since the release ofBitcoin in 2009. Bitcoin is still the most popular cryptocurrency, and its name has become somewhat synonymous with cryptocurrency. But there are many other cryptocurrencies — over 9,000 at last count.\nCheck Out:13 Cheap Cryptocurrencies With the Highest Potential Upside for YouRead Next:5 Genius Things All Wealthy People Do With Their Money\nSince the advent of Bitcoin, investing in cryptocurrency has moved from a venture shrouded in mystery and available only to a technically savvy few, to an easy-to-access and potentially profitable asset for the average investor.\nHere’s what to know about building wealth with cryptocurrency in 2024.\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nCryptocurrency is a decentralized currency that is digital and encrypted. It is not tied to any single country, or group of countries, like the U.S. dollar or the Euro. It uses blockchain technology to record and verify transactions, so theoretically, it cannot be forged, lost, or stolen.\nCryptocurrency is a volatile investment, so keep in mind that you could lose money in these transactions.\nIn January 2024, the SEC approved Bitcoin ETFs. These funds hold bitcoin as the underlying asset, as opposed to previous crypto ETFs which used futures contracts. Buying spot Bitcoin ETFs means you can purchase shares of the ETF, which is backed by physical holdings of the cryptocurrency. The SEC is considering approving spot Ethereum ETFs next.\nYou can trade Bitcoin and other crypto ETFs in most brokerage accounts, so you may be able to do so in the account you already have.\nYou can also buy and sell cryptocurrencies on a crypto exchange. Coinbase is a common crypto exchange. To invest this way, you will be trading pairs of cryptocurrencies, similar to the way foreign exchange works with currency pairs. For example, you might trade Bitcoin for Dogecoin, or vice versa.\nIf the idea of buying a single cryptocurrency is daunting to you, consider a cryptocurrency ETF. These funds do not hold physical cryptocurrencies but invest in futures. ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an example of this type of fund. Another option is Global X Blockchain ETF (BKCH) which holds Coinbase and other crypto exchange companies. These funds offer more diversity than spot ETFs.\nSome crypto ETFs hold more than one cryptocurrency, which gives you more diversification than you would get by buying a fund that holds Bitcoin only.\nToday, buying crypto is as easy as buying stocks, mutual funds, or ETFs. You can probably already buy crypto ETFs in your existing brokerage account. If you want to buy physical crypto, you can use a cryptocurrency exchange. Then it’s just a matter of managing your investment.\nLearn More:8 Best Cryptocurrencies To Invest In for 2024\nInvesting in crypto for the purpose of building wealth is guided by many of the same principles that stock market investors follow. Understand what you are buying (“Buy what you know,” as a certain successful investor would say), be patient, do your homework, and be rational. That’s the best way to build wealth, in 2024 and beyond.\nThis article originally appeared onGOBankingRates.com:A Beginners Guide to Cryptocurrency Wealth Building in 2024', "As of this writing, the overall cryptocurrency industry carries a market cap of $2.7 trillion. Investors have undoubtedly warmed up to digital assets in the past year or so, following the crypto winter of 2022.\nThe world's most valuable cryptocurrency,Bitcoin(CRYPTO: BTC), is getting a lot of attention amid the market's resurgence. Its price has skyrocketed 340% since the start of 2023, thanks to a number of positive developments, and is now in record territory.\nIt's understandable if you believe that the best move is to wait until there's a huge pullback. But I think that would be a mistake. Bitcoin still has huge upside, which makes it the ultimate cryptocurrency to buy with $1,000 right now.\nIn January, the Securities and Exchange Commission approved the launch of spotBitcoin exchange-traded funds(ETFs), which was a monumental event for the industry. It basically turned Bitcoin into a legitimate financial asset in the eyes of regulators and Wall Street, after years of being viewed as a useless investment reserved for cypherpunks.\nThe big breakthrough means that now it is effortless to gain Bitcoin exposure via a regulated investment vehicle. And because of this, investors have flocked to the crypto.BlackRock's ETF alone has attracted nearly $16 billion. That has certainly helped to drive up the price.\nIt is also likely benefiting from anticipation of theupcoming halving. This happens every four years, and it cuts the supply of new bitcoins entering the market in half.\nHistorically, the halving has been an extremely bullish event for the price of the crypto. And so far this year, we're seeing a similar trend play out. The next 12 to 18 months could see a continuation of the bull market.\nI think another catalyst, one that's more powerful and enduring, is the growing interest in owning an asset outside of the current financial system. People have seen over the past few years just how rapidly global debt has ballooned. This is becoming a bigger problem in the U.S. And there is no reason to believe it is going to change anytime soon.\nIt's likely that increasing numbers of investors see the situation as unsustainable. Putting some money into Bitcoin -- what could be a financial hedge -- seems like the right move.\nEven at all-time highs, I believe Bitcoin still has room to run. In fact, it could be one of the most promising investments if we view things with a 5- or 10-year outlook. This thesis rests on Bitcoin becoming an attractive store of value in the eyes of individual and institutional investors, as well as corporations and governments.\nBitcoin's defining characteristic has to be that it has a fixed supply cap of 21 million, of which about 19.7 million now are in circulation. This is in stark contrast to most other cryptocurrencies out there. And it makes it superior to holding the U.S. dollar, which continues to lose purchasing power with each passing year.\nIt makes sense to compare Bitcoin to gold. But even this comparison clearly shows thatthe precious metal is inferior. Consequently, the digital coin's current market cap of $1.4 trillion could not only one day rise 10-fold to get to par with gold's global value, but it also could even exceed it. That's a very real possibility.\nBitcoin is only about 15 years old. It still has a long way to go to become an established asset class. And this translates into sizable upside, even though it's at peak prices today.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Right Nowwas originally published by The Motley Fool", "The arrival ofBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) is a complete game changer. Not only do they legitimize Bitcoin, but they also provide a new means for investors seeking exposure to the cryptocurrency.\nPreviously, buying Bitcoin meant going through a cryptocurrency exchange, which could be a challenging task for those not proficient with technology. However, with the introduction of ETFs, investing in Bitcoin is as simple as buying stocks of your favorite company, effectively democratizing access to the cryptocurrency.\nWhile the Bitcoin ETFs have already proven to be one of the most successful launches in ETF history, you won't see me buying them. Here's why.\nYou could think ofBitcoin ETFsas very similar to gold ETFs. When you buy a gold ETF, you don't get gold bullion. You essentially get a receipt saying you own a certain amount of shares within the ETF. The fund sponsors are the ones buying and selling physical gold.\nIn the same way, when you buy a Bitcoin ETF, you are not provided with actual Bitcoins. While you can't hold a Bitcoin like you can a gold coin or bullion, there are still implications to be aware of.\nWhen you own actual Bitcoin and not an ETF equivalent, you benefit in three significant ways. First, you are eliminating any counterparty risk and preserving autonomy. The firms offering these ETFs are the ones that hold the Bitcoins. What if there is a security breach? What if the government orders the seizure of all Bitcoin? This may sound hysterical, but it happened with gold in the 1940s. If a similar situation unfolded, those companies holding your Bitcoin would likely comply, and you would be left with nothing.\nWhen you own actual Bitcoin, you have complete control over your private keys and can store your assets in a secure hardware or software wallet of your choice. This eliminates the need to trust a third-party custodian or intermediary to hold your Bitcoin on your behalf, reducing the risk of hacking, fraud, or other security breaches associated with ETF providers.\nSecond, you are in direct control of your Bitcoin. In contrast to stock exchanges with fixed trading hours, Bitcoin trades 24 hours a day, seven days a week. If you need to sell some of your holdings late on a Saturday night, you can do just that. The same goes for buying. With the ETFs, you are limited to the set trading hours of the exchange, Monday through Friday, from 9:30 a.m. to 4 p.m. East Coast time.\nThird, by owning Bitcoin you can use your holdings in ways that are unique to cryptocurrencies. For example, you can send Bitcoin to other individuals anywhere in the world as payment. You can't send your ETF holdings. In addition, there are new and innovative applications being developed to leverage Bitcoin. Although the process is relatively nascent, Bitcoin owners can lend their holdings to other investors and earn a yield or even swap their Bitcoin for other cryptocurrencies through a decentralized exchange.\nNow, I will be the first to acknowledge that these reasons might not resonate with everyone. Or maybe you have no idea how to use a cryptocurrency exchange. In this case, Bitcoin ETFs can be a useful means of gaining exposure.\nPerhaps you have a 401(k) retirement savings plan where your employer matches contributions. As long as your provider offers one of the Bitcoin ETFs, you could gain exposure with your money and your employer's. Who doesn't love the idea of some free Bitcoin?\nWhatever your preference, Bitcoin is proving to be anecessary componentof any portfolio. Whether you own Bitcoin or choose ETFs, rest assured that you are setting yourself up for long-term success and will benefit from Bitcoin's historic journey of price appreciation.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin vs. Bitcoin ETFs: Here's What I'm Buyingwas originally published by The Motley Fool", "The arrival ofBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) is a complete game changer. Not only do they legitimize Bitcoin, but they also provide a new means for investors seeking exposure to the cryptocurrency.\nPreviously, buying Bitcoin meant going through a cryptocurrency exchange, which could be a challenging task for those not proficient with technology. However, with the introduction of ETFs, investing in Bitcoin is as simple as buying stocks of your favorite company, effectively democratizing access to the cryptocurrency.\nWhile the Bitcoin ETFs have already proven to be one of the most successful launches in ETF history, you won't see me buying them. Here's why.\nYou could think ofBitcoin ETFsas very similar to gold ETFs. When you buy a gold ETF, you don't get gold bullion. You essentially get a receipt saying you own a certain amount of shares within the ETF. The fund sponsors are the ones buying and selling physical gold.\nIn the same way, when you buy a Bitcoin ETF, you are not provided with actual Bitcoins. While you can't hold a Bitcoin like you can a gold coin or bullion, there are still implications to be aware of.\nWhen you own actual Bitcoin and not an ETF equivalent, you benefit in three significant ways. First, you are eliminating any counterparty risk and preserving autonomy. The firms offering these ETFs are the ones that hold the Bitcoins. What if there is a security breach? What if the government orders the seizure of all Bitcoin? This may sound hysterical, but it happened with gold in the 1940s. If a similar situation unfolded, those companies holding your Bitcoin would likely comply, and you would be left with nothing.\nWhen you own actual Bitcoin, you have complete control over your private keys and can store your assets in a secure hardware or software wallet of your choice. This eliminates the need to trust a third-party custodian or intermediary to hold your Bitcoin on your behalf, reducing the risk of hacking, fraud, or other security breaches associated with ETF providers.\nSecond, you are in direct control of your Bitcoin. In contrast to stock exchanges with fixed trading hours, Bitcoin trades 24 hours a day, seven days a week. If you need to sell some of your holdings late on a Saturday night, you can do just that. The same goes for buying. With the ETFs, you are limited to the set trading hours of the exchange, Monday through Friday, from 9:30 a.m. to 4 p.m. East Coast time.\nThird, by owning Bitcoin you can use your holdings in ways that are unique to cryptocurrencies. For example, you can send Bitcoin to other individuals anywhere in the world as payment. You can't send your ETF holdings. In addition, there are new and innovative applications being developed to leverage Bitcoin. Although the process is relatively nascent, Bitcoin owners can lend their holdings to other investors and earn a yield or even swap their Bitcoin for other cryptocurrencies through a decentralized exchange.\nNow, I will be the first to acknowledge that these reasons might not resonate with everyone. Or maybe you have no idea how to use a cryptocurrency exchange. In this case, Bitcoin ETFs can be a useful means of gaining exposure.\nPerhaps you have a 401(k) retirement savings plan where your employer matches contributions. As long as your provider offers one of the Bitcoin ETFs, you could gain exposure with your money and your employer's. Who doesn't love the idea of some free Bitcoin?\nWhatever your preference, Bitcoin is proving to be anecessary componentof any portfolio. Whether you own Bitcoin or choose ETFs, rest assured that you are setting yourself up for long-term success and will benefit from Bitcoin's historic journey of price appreciation.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin vs. Bitcoin ETFs: Here's What I'm Buyingwas originally published by The Motley Fool", 'Technology jobs are always in demand. Artificial intelligence, blockchain and cybersecurity are just a few of the new technologies that worth pursuing.\nCheck Out:How I Make $5,000 a Month inPassive Income Doing Just 10 Hours of Work a YearRead Next:5 Genius Things All Wealthy People Do With Their Money\nHere are seven tech jobs that are well worth pursuing in 2024.\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAverage salary: $150,241\nA cloud solutions architect is responsible for designing and implementing a company’s cloud computing strategy. They help determine what data and processes should move to the cloud and how to best manage them.\nAverage salary: $147,524\nA software engineer is tasked with designing and developing software applications for computers and mobile devices. They may write code for specific programs, and may manage teams of other developers.\nAverage salary: $129,248\nArtificial intelligence is the hottest thing to hit technology – a sector well known for hot things – in a long time. AI developers design new applications for this technology that helps computers think and reason like humans, automating tasks that could not previously be completed by technology.\nAverage salary: $122,890 per year\nCybersecurity engineers work to prevent cyberattacks on computer networks. They develop and deploy security applications, monitor systems for signs of potential suspicious activity, and lead response efforts in the event of a breach.\nAverage salary: $119,772\nA software product manager leads a team that designs and develops software. The product manager is responsible for identifying the feature set, monitoring development and marketing and promoting the finished product.\nAverage salary: $117,880\nA full stack web developer works on both the front and back ends of web-based applications. This means they design and develop the underlying code of the program as well as the user interface of the site.\nAverage salary: $111,845 per year\nBlockchain technology is often associated with cryptocurrency, such as Bitcoin, but it has other uses as well. Blockchain is essentially a digital ledger so it can be used for large data sets like healthcare records and trade.\nLearn More:6 Ways To Build Wealth in Your 60s\nAverage salaries for these positions are provided by ZipRecruiter and can vary based on such factors as location and years of experience.\nMore From GOBankingRates\n• Downsizing for Retirement? Avoid These 6 Mistakes\n• 5 Rare Coins That Sold for At Least $600,000\n• One Simple Way to Earn More on Your Savings in 2024\n• The Biggest Mistake People Make With Their Tax Refund -- And How to Avoid It\nThis article originally appeared onGOBankingRates.com:7 Best Ways To Make Money in Tech That Are Worth Pursuing In 2024', "After it implemented the most aggressive interest rate hikes in history, there is growing optimism that the Federal Reserve might finally pivot and begin cutting rates. Based on trends in the market and recent comments from theFederal Reservechair, Jerome Powell, the first round of rate cuts could occur by this summer.\nShould the Fed indeed follow through, new investment opportunities will present themselves. In such a scenario, one investment stands out as particularly promising:Bitcoin(CRYPTO: BTC). Here are three reasons why Bitcoin is my favorite investment if interest rates finally come down.\nWhen interest rates are lowered, traditional investment options like bonds and savings accounts offer diminished returns. In such an environment, investors are incentivized to seek alternative assets that can provide higher yields.\nBitcoin, with its potential for significant price appreciation, becomes increasingly attractive as the opportunity cost of holding fiat currency or low-yield assets rises. In fact, Bitcoin's historical performance during periods of low interest rates demonstrates its potential.\nTake the cryptocurrency's performance since the beginning of the COVID-19 pandemic as proof. When the Federal Reserve cut interest rates to nearly 0% to stimulate economic growth, Bitcoin experienced exponential growth. From the first rate cuts in March 2020, when Bitcoin was trading for around $5,000, it soared to more than $60,000 just a year later.\nLower interest rates often accompany expansionary monetary policies aimed at stimulating economic activity. However, these policies can also lead to inflationary pressures onfiat currencies. The Federal Reserve has been hesitant to take its foot off the brake because it doesn't want to risk a resurgence in inflation.\nFrom this angle, Bitcoin's decentralized nature and fixed supply become especially appealing, as they make it inherently resistant to inflation. With only 21 million Bitcoins ever to be mined, Bitcoin serves as a hedge against the erosion of purchasing power caused by inflationary fiat currencies.\nHistorical data supports Bitcoin's role as an effective inflation hedge. During periods of high inflation or uncertainty about future inflationary trends, investors flock to Bitcoin, driving up its price.\nAgain, we needn't look any further than its performance during the COVID-19 pandemic for evidence. As the dollar lost purchasing power at an unprecedented rate, Bitcoin took center stage as a viable option for people looking to preserve value.\nBitcoin is generally considered one of the riskier assets to hold, and this is why it is an ideal asset to own during periods of lower interest rates.\nIn a low-interest-rate environment, investors seek higher returns and are more willing to take on riskier or speculative investments. Bitcoin, with its potential for outsize returns and the occasional volatility, is naturally suited to thrive should interest rates lower.\nSince speculative demand for Bitcoin tends to rise in these conditions, its finite supply typically becomes a driver of higher prices. Moreover, this speculative demand may be larger than ever before now that there are new Bitcoin ETFs trading on the stock market. Now investors can gain Bitcoin exposure directly through the stock market without having to navigate the intricacies of buying Bitcoin off a cryptocurrency exchange. With access to the cryptocurrency democratized, Bitcoin remains an attractive option for investors looking to capitalize on market opportunities.\nShould the Federal Reserve finally begin to cut rates, Bitcoin's potential to outperform traditional investments, serve as an effective inflation hedge, and attract speculative demand make it a compelling choice for investors seeking to navigate the changing financial landscape.\nBy strategically allocating funds to Bitcoin, investors can position themselves to capitalize on potential gains before the Federal Reserve officially announces a pivot. As always, investors should consider personal circumstances and exercise caution when investing in assets like Bitcoin, but its potential for long-term value appreciation remains undeniable in a low-interest-rate environment.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nInterest Rate Cuts Loom. Here's My Favorite Investment If the Fed Follows Throughwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-17 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,315,323,061,875 - Hash Rate: 609268716.2671757 - Transaction Count: 366109.0 - Unique Addresses: 601779.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024. Most Read from Bloomberg Blinken’s Return From Davos Was Delayed After Plane Broke Down YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Pakistan’s Army Strikes Back at Iran as Both Sides Urge Calm Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and computing demand, following more than a year of post-Covid malaise. On Friday, the world’s most valuable chipmaker gained more than 6% in Taipei — its biggest gain in almost a year — after a near-10% climb in the US. Key suppliers Tokyo Electron and Advantest Corp. gained more than 5% in Tokyo. Together, they fueled a gain in semiconductor stocks from the US to Asia of roughly $165 billion, based on Bloomberg’s calculations. TSMC’s outlook offered much-needed reassurance to investors accustomed to a depressed market. The main chipmaker to Apple Inc. and Nvidia is budgeting capital expenditure of $28 billion to $32 billion and expecting revenue growth to return to at least 20% for the year. Executives also spent a lot of time talking about how the advent of AI should turbocharge the industry because of its immense computing needs. In Europe, chip gear linchpin ASML Holding NV gained 4%, leading a broad regional rally that spilled over into US stocks including Nvidia and Intel Corp., driving the biggest gain in the Philadelphia Semiconductor Index since Dec. 11. “TSMC’s confidence around near-term fundamentals appears to have improved significantly over the past 4 to 5 months,” Wedbush analysts wrote. “We see this more bullish outlook as predicated upon some combination of optimism around a growing contribution from AI, better expectations for traditional end market trends in 2024.” Story continues TSMC Gains as Outlook Points to AI-Fueled Growth: Street Wrap Signs of a recovery for the chipmaking sector have emerged in recent weeks. The Semiconductor Industry Association estimated chip sales increased in November after more than a year of declines. TSMC is projecting revenue growth of at least 8% to $18 billion to $18.8 billion in the March quarter, versus expectations for around $18.2 billion. It’s now moving ahead with plans for chipmaking plants in Japan, Arizona and Germany — the first of which will begin mass production at the end of 2024 in a big boost to TSMC’s global footprint. Read More: TSMC’s Outlook Backs Hopes for Global Tech Recovery in 2024 Uncertainty persists. This month, fellow chipmaker Samsung Electronics Co. posted its sixth successive quarter of declining operating profit, as it weathered the impact of muted consumer demand in its own smartphone and memory businesses. Questions also overshadow China, the world’s largest computing, smartphone, internet and chip market. Apple — long one of TSMC’s most important customers — faced headwinds with its latest iPhone generation. Several analysts downgraded Apple on expectations of soft demand, and Jefferies has said the iPhone sales slump in China is likely to deepen. The US company has also been hit by a widening ban on foreign-device use among Chinese agencies and state-owned companies. TSMC Gain in Sales Not Enough to Boost Margins: Earnings Outlook Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Kalshi will list prediction markets on crypto price outcomes (e.g. "How high will ETH get in 2024?").\n• The bets will be settled in U.S. dollars, like all others on Kalshi.\n• Unlike rival Polymarket, Kalshi can do business in the U.S.\nKalshi, the lone regulated prediction market platform in the U.S., is moving to grab a piece of the crypto action as digital currencies bounce back from a two-year slump.\nStarting Monday, the New York-based company will let clients bet on five differentcryptocurrency price outcomes, a company spokesperson told CoinDesk. Examples include when bitcoin {{BTC}} willreach $100,000and the highest price Ethereum\'s ether {{ETH}} willreach in 2024. Additional markets are set to launch on Tuesday.\nTo be clear: While these bets areaboutcrypto, they will be placedinU.S. dollars, like all other markets on Kalshi. Traders on the platform have bet on questions such ashow many rate cutsthe Federal Reserve will make this year,how many inches of snowwill fall in New York in March, andwho would win the Oscarfor best screenplay.\nKalshi\'s move into crypto comes at the apparent dawn of a bull market for digital assets, as the launch of bitcoin exchange-traded funds and other factors have sent prices soaring. TheCoinDesk 20 Indexof major digital assets is up nearly 50% this year.\nThe move also coincides with renewed investor interest in prediction markets, which for decades were relegated to a niche activity and academic hobbyhorse. In December, Bitwise Investments researchersforecastedthat "[m]ore than $100 million will be staked in prediction markets as they emerge as a new \'killer app\' for crypto" in 2024. Former U.S. President Donald Trump has regularly beenposting screenshots of his favorable odds for retaking the White House on Polymarket, a crypto-based prediction market.\nRead more:What Prediction Markets Are Forecasting for Crypto in 2024\nAdvocates say prediction markets have a loftier purpose than gambling: By requiring participants to put their money where their mouths are, the argument goes, they revealwhat people truly believe, offering a corrective tofallible pollsand pusillanimous pundits.\nTypically, prediction markets are framed as yes-or-no questions about verifiable outcomes within a set time period. For example, on Kalshi\'s "US bans TikTok this year?" market, "yes" shares were trading Sunday at 25 cents, signaling the market saw a 25% chance of a ban before Dec. 31, and "no" shares were changing hands at 78 cents. Each share pays out $1 if the prediction turns out to be correct, and bupkis if it\'s wrong.\nBy letting clients bet on crypto, Kalshi is following in the footsteps of a rival prediction market site, Polymarket, which as of Sunday listed nearly40 marketson crypto-related outcomes.\nPolymarket is barred from doing business in the U.S. under a settlement with the Commodity Futures Trading Commission. That leaves an opening for Kalshi, which is licensed by the CFTC, to pick up business from U.S. traders who want to speculate on crypto price movements (or hedge positions) without buying or selling crypto.\nRead more:Prediction Markets Can Hedge Crypto Startups\' Regulatory Risk, Paradigm Says\nThe agency\'s imprimatur is a double-edged sword. Kalshi isfighting the CFTC in courtfor the right to list markets asking which party will control each house of the U.S. Congress.\nPredictIt, a popular site for (dollar-denominated) election betting, operates in the U.S. under a no-action letter, or special exemption, from the CFTC that restricts the platform\'s growth and activities. It, too, sued the CFTC after the regulator ordered it toshut down.\nLast week CFTC chairman Rostin Benham said that his agency would propose a rule in the coming monthsto establish new regulations for prediction markets.', 'Zurich, March 18th, 2024 - The Switzerland-based protocolLiqwid Finance,in partnership with the issuerIssuance.Swiss AG, is launching CASL, an innovative ETP in the world of staking digital assets. CASL not only captures the performance of the underlying ADA, managed by the Cardano Foundation, but also the interest earned by staking the token. Distributed as an ETP (Exchange Traded Product), the product is accessible to all kind of investors from Thursday last on the Zurich stock exchange, the SIX Swiss Exchange (ISIN code CH1327686056 - Ticker CASL).\nForFlorian Volery, co-founder of Liqwid Finance, "CASL offers all the advantages of traditional and decentralized finance. It\'s a low-cost, liquid, institutional-quality product". He has designed this ETP which, not only follows the developments of the ADA token, a crypto asset launched in 2017 by Cardano, but reaps the returns of staking this token on Cardano\'s blockchain, the most decentralized to date. "With CASL, we want to take a new step," emphasizes Florian Volery, "one that will bridge the gap between traditional and digital asset management. Until now, most of the financial instruments available to investors in the crypto universe gave them access to developments in the underlying assets (Bitcoin, Ethereum, ADA, etc.). We\'re going one step further, by putting ADA\'s outstanding assets to work and redistributing the interest to investors." Investors benefit from a double return on their investment, as well as lower management fees (1.5%) than the average of competing products.\nSwiss engineering, 100% secure\nIn addition to its above-industry-average return prospects, the CASL ETP has a particularly controlled risk profile. It is 100% backed by physical crypto asset: ADA tokens, that are real assets, held in a "cold" (offline) wallet. The staking of the ETP\'s ADA tokens is carried out by Liqwid on the Cardano network, the only one not to have suffered an outage over the last five years, compared with its biggest competitors who also have a proof-of-stake consensus (Solana, Ethereum, Avalanche)."CASL makes it simple for investors, without the need for a crypto-currency portfolio or specific knowledge, to earn money while contributing to the decentralization of finance," summarizesBruce Jackson, Head of Digital Assets at Apex Group. This decentralisation is the key to the future of an inclusive world, in which millions of people who don\'t have access to banking infrastructures can participate."\nThe CASL ETP offers instant liquidity without any constraints, as Cardano\'s blockchain does not foresee any lock-in period for the assets at stake. The entire value chain involves Swiss players, a further guarantee of security.\nThe launch price was set at USD$25 and is available in 2 additional currencies (CHF and €) which represents an real exposure of 39 ADA (price of 1 ADA for ~USD$0.64 \| 12.03.2024).\nTo find out more:\xa0please use the issuer\'s websitehttps://issuance.swiss/products/\nPress Contact:[email protected] +41 79 269 53 31\nAbout Liqwid Finance\nLiqwid is a liquidity protocol for lending and borrowing Cardano native assets. The Liqwid protocol is composed of decentralized, audited smart contracts built on the Cardano blockchain.\nSmart contracts enable users to deposit liquidity into a money market, earn interest and open over-collateralized loans directly, without intermediaries and in a secure manner.\nThe platform was launched in February 2023 and currently holds over $70 million in assets on its protocol. Liqwid\'s mission is to build bridges between decentralized and traditional finance, with the aim of financing the real economy through blockchain technology.\nAbout Cardano Foundation\nThe Cardano Foundation is an independent non-profit organization based in Switzerland, responsible for promoting the Cardano blockchain as public infrastructure across a wide range of industries. Based in Zug, Switzerland, the foundation oversees the developments of Cardano, which is an open source blockchain built through peer-reviewed research and a platform for executing smart contracts. The cryptocurrency used on Cardano is called Ada. Launched by Charles Hoskinson, the co-founder of the Ethereum token, Cardano is the first blockchain platform to be secure enough to protect billions of data, scalable enough to adapt to global systems and robust enough to support fundamental changes.\nAbout Issuance.Swiss AG\nIssuance.Swiss AG is a dedicated SPV, fully customised plug and play ready to admit financial products on regulated European stock markets and brings vanilla and complex digital assets strategies to the regulated markets wrapped and in the form of a publicly listed ETP. Incorporated in Zug Switzerland and through its standalone set up, the SPV is able to list client strategies from European and US clients who currently have compliance constraints in managing digital assets. In return the client can enjoy a whitelabel revenue solution (net of administrative costs) as the product is fully scalable and open ended through a creation redemption proposition and its time to market is estimated for admissions to the stock exchanges to be within 8 weeks from engagement. The SPV is fully equipped and onboarded with key service providers while the SPV takes control of all the operational burden.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs of over $200 for the first time since December 2021, CoinDesk data show. The Book of Meme (BOME) has surged 82% since its debut on March 10. Crypto exchange BinancelistedBOME perpetual futures on March 16.\nEther {{ETH}}, the native token of the world’s leading smart contract blockchain, has declined 6.3% to $3,640 despite successfully implementing theDencun upgrade. Meanwhile, bitcoin {{BTC}}, the market leader, has held flat at around $68670, while the broader CoinDesk 20 Index has gained 0.7%.\nSolana’s market-beating rally is consistent with renewed interest in its DeFi ecosystem. Data tracked by Top Ledger and OurNetwork show that Solana-based decentralized exchanges have registered a trading volume of $30 billion this month. That’s ten times higher than a year ago.\nThe number of “SOL” mentions on social media has risen to 322, according to Santiment. A similar spike in late December saw the cryptocurrency peak at $125 and eventually correct to $85.\nMeanwhile, at press time,Google Trends, a widely used tool to gauge general or retail interest in trending topics, shows a provisional value of 100 for the worldwide search query “solana.”\nA score of 100 represents peak popularity – the maximum number of searches observed for a term during a given time frame. It’s a sign that more and more people are scanning the web for information about the cryptocurrency that has outshined market leaders recently.\nIncreased crowd chatter is widely taken to represent an impending retail investor frenzy often observed at market tops. Google trendsshowed similar valuesin the final four months of 2021 as SOL’s bull market peaked above $200.\nGoogle Trends provides a mostly unfiltered sample of search requests made to Google and scales their searches to a range of 0 to 100, according to the company. The search value represents the search interest relative to the highest point on the chart for the selected region and time.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs of over $200 for the first time since December 2021, CoinDesk data show. The Book of Meme (BOME) has surged 82% since its debut on March 10. Crypto exchange BinancelistedBOME perpetual futures on March 16.\nEther {{ETH}}, the native token of the world’s leading smart contract blockchain, has declined 6.3% to $3,640 despite successfully implementing theDencun upgrade. Meanwhile, bitcoin {{BTC}}, the market leader, has held flat at around $68670, while the broader CoinDesk 20 Index has gained 0.7%.\nSolana’s market-beating rally is consistent with renewed interest in its DeFi ecosystem. Data tracked by Top Ledger and OurNetwork show that Solana-based decentralized exchanges have registered a trading volume of $30 billion this month. That’s ten times higher than a year ago.\nThe number of “SOL” mentions on social media has risen to 322, according to Santiment. A similar spike in late December saw the cryptocurrency peak at $125 and eventually correct to $85.\nMeanwhile, at press time,Google Trends, a widely used tool to gauge general or retail interest in trending topics, shows a provisional value of 100 for the worldwide search query “solana.”\nA score of 100 represents peak popularity – the maximum number of searches observed for a term during a given time frame. It’s a sign that more and more people are scanning the web for information about the cryptocurrency that has outshined market leaders recently.\nIncreased crowd chatter is widely taken to represent an impending retail investor frenzy often observed at market tops. Google trendsshowed similar valuesin the final four months of 2021 as SOL’s bull market peaked above $200.\nGoogle Trends provides a mostly unfiltered sample of search requests made to Google and scales their searches to a range of 0 to 100, according to the company. The search value represents the search interest relative to the highest point on the chart for the selected region and time.', "For the first three months of 2024, the primary investment thesis forBitcoin(CRYPTO: BTC)has been the recent introduction of the newspot Bitcoin exchange-traded funds (ETFs). And indeed, with nearly $1 billion flowing into them on a daily basis, these new ETFs have played a prominent role in pushing up the price of the cryptocurrency to new all-time highs.\nBut there's another catalyst on the horizon that could play an equally important role in Bitcoin's future price trajectory: the upcoming halving in mid-April. On one hand, the event could see the crypto rocket even higher, as it has after previous halvings. On the other hand, the event could overpromise and underdeliver, thereby dampening the current Bitcoin euphoria. Let's look at both scenarios.\nIf you examine the track record of Bitcoin, it's hard not to conclude that the upcoming halving will produce some truly spectacular gains. In three previous halving cycles (in 2012, 2016, and 2020), it has skyrocketed to new all-time highs.\nThe classic pattern is for Bitcoin to climb in value ahead of the halving, and then really take off after it. After the last halving in May 2020, when it was still trading for less than $10,000, the digital currency eventually went on to hit a new high of $69,000.\nSo, is history about to repeat itself? Certainly, a lot of investors seem to think so. Many believe Bitcoin will hit $100,000 by the end of this year, and perhaps even soar to $150,000 sometime in 2025.\nIn fact, Grayscale Investments thinks this halving cycle will be the best one ever, thanks to the impact of the new Bitcoin ETFs. There's simply so much new money flooding into Bitcoin right now, that any selling pressure that might occur after the halving will be quickly absorbed by the ETFs.\nAnd indeed, the wealth management team atMorgan Stanleytold its clients last October that the time to buy Bitcoin is before the halving, not after. Simply stated, if you wait too long to buy, you'll miss out on all of Bitcoin's expected gains right after the halving takes place.\nThere are two sides to every digital coin, and some Bitcoin skeptics out there think the upcoming halving will overpromise and underdeliver.\nFor one, the crypto might have peaked too early. In three previous halving cycles, it hit a new high after the halving, and not before. But this time around, it's still 30 days out from the halving, and Bitcoin is roaring to all-time highs. Something seems to be, well,differentthis time around.\nMoreover, there's the big question of whether or not the impact of the halving has already been priced in. After all, we know the moment of the halving, down to the exact hour, minute, and second. So if you buy into the notion that financial markets are generally efficient, then we shouldn't see a major pop after the halving.\nIn fact,JPMorgan Chasehas warned that the price of Bitcoin might actually sink as low as $42,000 after the halving, due in part to what the halving event will mean for key members of the crypto's ecosystem.\nBitcoin miners, for example, could see their production costs soar at the same time as their mining rewards are being cut in half. With miners reeling, says JPMorgan Chase, that could inject a lot more selling pressure into the crypto market.\nAt the end of the day, focusing too much on a single date in history -- the halving date -- might be a mistake. From my perspective, the long-term trajectory for Bitcoin is up, and I'm not worried about a potential downswing after the halving. Now that Wall Street has embraced crypto, the influx of new money into the Bitcoin ETFs shows no signs of stopping.\nAs both retail and institutional investors boost their portfolio allocations to Bitcoin, this appears to be a trend with enormous long-term staying power. As a result, I'm enormously bullish on the cryptocurrency's prospects.\nOver the long haul, Bitcoin has the potential to outperform every other asset class, much as it has since 2011. For that reason, I'm buying it before the upcoming halving, and I'm not giving it a second thought.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and JPMorgan Chase. The Motley Fool has adisclosure policy.\nA Bitcoin Halving Is Coming: Should You Buy It Now?was originally published by The Motley Fool", "For the first three months of 2024, the primary investment thesis forBitcoin(CRYPTO: BTC)has been the recent introduction of the newspot Bitcoin exchange-traded funds (ETFs). And indeed, with nearly $1 billion flowing into them on a daily basis, these new ETFs have played a prominent role in pushing up the price of the cryptocurrency to new all-time highs.\nBut there's another catalyst on the horizon that could play an equally important role in Bitcoin's future price trajectory: the upcoming halving in mid-April. On one hand, the event could see the crypto rocket even higher, as it has after previous halvings. On the other hand, the event could overpromise and underdeliver, thereby dampening the current Bitcoin euphoria. Let's look at both scenarios.\nIf you examine the track record of Bitcoin, it's hard not to conclude that the upcoming halving will produce some truly spectacular gains. In three previous halving cycles (in 2012, 2016, and 2020), it has skyrocketed to new all-time highs.\nThe classic pattern is for Bitcoin to climb in value ahead of the halving, and then really take off after it. After the last halving in May 2020, when it was still trading for less than $10,000, the digital currency eventually went on to hit a new high of $69,000.\nSo, is history about to repeat itself? Certainly, a lot of investors seem to think so. Many believe Bitcoin will hit $100,000 by the end of this year, and perhaps even soar to $150,000 sometime in 2025.\nIn fact, Grayscale Investments thinks this halving cycle will be the best one ever, thanks to the impact of the new Bitcoin ETFs. There's simply so much new money flooding into Bitcoin right now, that any selling pressure that might occur after the halving will be quickly absorbed by the ETFs.\nAnd indeed, the wealth management team atMorgan Stanleytold its clients last October that the time to buy Bitcoin is before the halving, not after. Simply stated, if you wait too long to buy, you'll miss out on all of Bitcoin's expected gains right after the halving takes place.\nThere are two sides to every digital coin, and some Bitcoin skeptics out there think the upcoming halving will overpromise and underdeliver.\nFor one, the crypto might have peaked too early. In three previous halving cycles, it hit a new high after the halving, and not before. But this time around, it's still 30 days out from the halving, and Bitcoin is roaring to all-time highs. Something seems to be, well,differentthis time around.\nMoreover, there's the big question of whether or not the impact of the halving has already been priced in. After all, we know the moment of the halving, down to the exact hour, minute, and second. So if you buy into the notion that financial markets are generally efficient, then we shouldn't see a major pop after the halving.\nIn fact,JPMorgan Chasehas warned that the price of Bitcoin might actually sink as low as $42,000 after the halving, due in part to what the halving event will mean for key members of the crypto's ecosystem.\nBitcoin miners, for example, could see their production costs soar at the same time as their mining rewards are being cut in half. With miners reeling, says JPMorgan Chase, that could inject a lot more selling pressure into the crypto market.\nAt the end of the day, focusing too much on a single date in history -- the halving date -- might be a mistake. From my perspective, the long-term trajectory for Bitcoin is up, and I'm not worried about a potential downswing after the halving. Now that Wall Street has embraced crypto, the influx of new money into the Bitcoin ETFs shows no signs of stopping.\nAs both retail and institutional investors boost their portfolio allocations to Bitcoin, this appears to be a trend with enormous long-term staying power. As a result, I'm enormously bullish on the cryptocurrency's prospects.\nOver the long haul, Bitcoin has the potential to outperform every other asset class, much as it has since 2011. For that reason, I'm buying it before the upcoming halving, and I'm not giving it a second thought.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and JPMorgan Chase. The Motley Fool has adisclosure policy.\nA Bitcoin Halving Is Coming: Should You Buy It Now?was originally published by The Motley Fool", 'The price ofBitcoin(CRYPTO: BTC)has rocketed by 65% to about $68,000 since the beginning of 2024. But certain Wall Street analysts still see a substantial upside in the cryptocurrency.\nGautam Chhugani at Bernstein believes Bitcoin will reach $150,000 by mid-2025, implying that its price will soar by 120% (or $82,000) during the next 12 to 18 months. Similarly, Geoff Kendrick at Standard Chartered Bank believes Bitcoin could reach $200,000 by the end of 2025, implying that its price could soar by 194% (or $132,000) during the next 21 months.\nUltimately, cryptocurrencies are no different than any other asset. Their prices are a product of supply and demand. However, the total possible Bitcoin supply is limited to 21 million coins, and 19.7 million (94%) of them are already in circulation. That means demand is the most consequential variable where Bitcoin is concerned.\nWith that in mind, Chhugani and Kendrick believe two catalysts will turbocharge Bitcoin demand in the coming months: the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the halving event next month.\nIn January, the Securities and Exchange Commission (SEC) approved11 spot Bitcoin ETFs, which differ from the Bitcoin futures ETFs that started trading in 2021. Specifically, spot Bitcoin ETFs trackBitcoinprices precisely because they invest directly in the cryptocurrency. Bitcoin futures ETFs do not track Bitcoin prices as precisely because they invest in futures contracts -- agreements to buy or sell assets at agreed-upon prices on predetermined dates.\nInvestors can see that dynamic in action by observing the performance of theProShares Bitcoin Strategy ETF, the largest Bitcoin futures ETF. While Bitcoin gained about 200% since the start of 2023, the ProShares Bitcoin Strategy ETF is up only 123% in that period.\nIn short, spot Bitcoin ETFs reduce friction. They offer direct exposure to Bitcoin without the hassle of cryptocurrency exchanges and blockchain wallets. Instead, investors can effectively purchase Bitcoin through existing brokerage accounts and hold it alongside other assets in their portfolios. That convenience could bring more retail traders and institutional investors into the crypto market.\nIn fact, that seems to be happening already. The spot Bitcoin ETFs issued byBlackRockand Fidelity ranked as the two most successful ETF launches in history, according to Bloomberg Intelligence. They accumulated more assets during their first months of trading than the other 5,500 ETFs that launched in the past 30 years. That screams demand.\nLooking ahead, Chhugani believes those products will lead to "unprecedented institutional adoption" of Bitcoin. That is particularly auspicious because PwC estimates that institutional assets under management will reach $145 trillion by 2025. If even a small fraction of that total is allocated to Bitcoin, its price could rocket much higher. In that context, Bitcoin reaching $150,000 by mid-2025 or $200,000 by the end of 2025 is a plausible outcome.\nAs mentioned, the total supply of Bitcoin that can ever be mined is capped at 21 million coins. That feature has helped Bitcoin fans promote its reputation as a type of digital gold, simply because gold also derives value from its scarce supply. Halving events are part of the mechanism that enforces the Bitcoin supply limit.\nSpecifically, each time 210,000 blocks are added to the Bitcoin blockchain, the rewards miners get for validating transactions are cut in half. This happens about once every four years. The next halving is forecast to occur on April 16. That event should effectively boost demand by blunting selling pressure, simply because miners will have 50% less newly mined Bitcoin to sell during the next four years.\nSo far, Bitcoin has always gained value during the two-year period after a halving.\n[{"Halving": "November 2012", "Bitcoin Return (2 Years Later)": "2,964%"}, {"Halving": "July 2016", "Bitcoin Return (2 Years Later)": "922%"}, {"Halving": "May 2020", "Bitcoin Return (2 Years Later)": "348%"}]\nData source: Fidelity Digital Assets.\nThe post-halving gains have diminished with each successive halving event because their impact on total supply has become less significant over time. For instance, the halving in November 2012 saw mining rewards fall from 50 Bitcoin to 25 Bitcoin, a much steeper drop in terms of the number of coins than the 25 to 12.5 cut that occurred in July 2016, which itself was much steeper than the 12.5 to 6.25 cut in May 2020.\nIn that context, the impact of next month\'s halving (which will cut mining rewards from 6.25 BTC to 3.125 BTC) will likely be smaller than previous halvings.\nUltimately, no one knows what Bitcoin will be worth in the future. The targets of $150,000 and $200,000 outlined by Chhugani and Kendrick, respectively, are certainly plausible due to the catalysts I\'ve discussed. But investors should never anchor themselves to such estimates.\nAdditionally, bear in mind that Bitcoin has been extremely volatile in the past. It lost more than 76% of its value during the last cryptocurrency market crash, and similar plunges are possible in the future. In that context, a long-term mindset is critical. Anyone who bought and held Bitcoin for at least five years has profited, regardless of when they made their purchases, according to Ark Invest.\nHere\'s the bottom line: Patient investors comfortable with risk and volatility should absolutely consider allocating a small portion of their portfolios to Bitcoin, but they should not do so with the expectation of seeing triple-digit percentage returns by 2025. That may or may not happen. But Bitcoin has crushed the returns of virtually every other asset class -- including gold, commodities, real estate, bonds, equities, and emerging market equities -- during the past five years, and a similar outperformance during the next five years is possible.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Super Cryptocurrency Could Soar to $200,000 by 2025, According to a Wall Street Analystwas originally published by The Motley Fool', "After macro headwinds and industry failures throughout 2022, the cryptocurrency market has been staging a major comeback since the start of 2023. This means good news for some of the more speculative tokens out there.\nJust look atDogecoin(CRYPTO: DOGE). The dog-inspired meme token has roughly doubled in the past 2 1/2 weeks (as of March 13). Investor enthusiasm is certainly picking up.\nAs of this writing, Dogecoin remains 77% below its all-time high, established in May 2021. Does that mean now is the time to buy this cryptocurrency hand over fist if you have $1,000 to invest?\nIt's interesting to understand the history of Dogecoin, as this can help put things into perspective. Wanting to create a lighthearted alternative toBitcoin, Dogecoin's founders launched the meme token in 2013 as its ownblockchainnetwork. This starkly contrasted toShiba Inu, which was built on top of theEthereumnetwork, adding functionality with a vast ecosystem ofdecentralized applications.Consequently, Dogecoin lacks much in the way of utility and adoption.\nThere are only a small number of businesses that accept it as a form of payment. And out of the top 100 blockchains in developer ecosystems, Dogecoin ranks 90th on the list. With so few people working on advancing Dogecoin's network capabilities, it's hard to be optimistic about its long-term future.\nIt also doesn't help that the current token supply of 143 billion is massively abundant. Add in the fact that 10,000 new Dogecoin tokens are created every single minute, and the lack of scarcity is a worrying characteristic that could limit the crypto's upside potential.\nThis is the exact opposite situation of Bitcoin. The world's most valuable digital asset has a fixed supply cap of 21 million, a key trait that supports a rising price trajectory over time. Unfortunately, Dogecoin doesn't have this, so demand will need to climb at a faster clip than new supply. That's a tall order.\nIt's impossible to pinpoint what exactly has been propelling Dogecoin's price in the past few weeks. Investors might just be optimistic about the state of the economy or markets, in general, which leads to more speculative behavior. But to be clear, deciding to follow this herd behavior isn't real investing -- it's more like gambling.\nDogecoin's strong community of supporters can help keep its price high enough for the token to remain relevant. But this is no way to invest your hard-earned savings.\nWith that in mind, it's a smart move to avoid adding Dogecoin to your portfolio. It's hard to become successful if you're hoping for a new hype cycle to happen due to heightened interest and discussion on the internet or because some famous person publicly mentions it.\nInvestors have to view their purchases with a five- or 10-year perspective. The question then centers around whether Dogecoin actually has long-term viability, but there are no compelling reasons to believe this is true. A small developer network and no valuable use cases are things to consider.\nDespite Dogecoin's recent momentum, I think buying $1,000 worth of this cryptocurrency in 2024 would be a monumental mistake. There are better places to park your capital. Bitcoin is a smart choice in the crypto space, and there are high-quality stocks to invest in, as well.\nShould you invest $1,000 in Dogecoin right now?\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Dogecoin Hand Over Fist With $1,000 in 2024?was originally published by The Motley Fool", "Chicago, IL – March 18, 2024 – Today, Zacks Investment Ideas feature highlights Micron MU, Lululemon LULU and Nike NKE.\nToday’s episode of Full Court Finance at Zacks dives into key stock market levels to watch for as Wall Street bulls attempt to keep the Nasdaq and Bitcoin near record highs. The episode then breaks down why investors might want to buy two Nasdaq-100 stocks—MicronandLululemon— ahead of their upcoming earnings reports.\nThe stock market took a breather on Wednesday and Thursday following its post-CPI release pop.The bulls have pushed stocks higher in 2024 without sending the market to euphoric altitudes. The nearby chart showcases the regular pullbacks to the 21-day throughout the year.\nThe Nasdaq is trading near fresh highs while sitting at neutral RSI levels. Bitcoin’s surge to new records has also likely helped stop the Nasdaq from overheating. Plus, there are tons of market movers such as Tesla and Apple trading at highly enticing levels for long-term investors.\nMicron Technology, Inc.- Q2 FY24 Results Due on March 20\nMicron shares have climbed about 70% in the last year vs. the Zacks Tech sector’s 50%. MU has tracked the Tech sector over the last decade, up 290%. Yet MU trades 9% below its average Zacks price target and 10% below its recent highs.\nThe stock is approaching its 21-day moving average after sellers prevented Micron from breaking too far above its previous records. Micron stock had also hit overbought levels.\nMicron isthegiant of memory chips, which have been more historically cyclical than the broader semiconductor market and heavily impacted by pricing.\nThankfully, Micron’s outlook is impressive as the memory chip maker benefits from data center expansion and booming AI growth. Micron predicts that AI will drive record demand for memory chips.\nMicron is projected to post 45% revenue growth in FY24 and FY25 to soar from $15.54 billion last year to $32.94 billion. The company’s adjusted earnings growth outlook is even stronger and its most accurate/recent EPS estimates came in miles above its already improved consensus.\nMicron’s upbeat EPS revisions help it land a Zacks Rank #2 (Buy). Micron’s balance sheet is sturdy and 23 of the 27 brokerage recommendations Zacks has are “Strong Buys.” If Micron impresses on March 20, the stock could finally enter a new trading range.\nLululemon- Q4 FY23 Results Due on Mach 21\nLululemon stock has soared 60% in the last 12 months vs. Nike’s -15% drop, its Zacks sector’s 17% climb, and the Market’s 32% jump. Lululemon has skyrocketed nearly 900% in the last decade vs. the benchmark’s 180% and Nike’s 167%. LULU, like Micron, sits at an attractive range for long-term investors.\nLULU trades 10% below its average Zacks price target and it recently rebounded above its 50-day after buyers came in at its long-term 21-week moving average. Plus, Lululemon trades at a roughly 50% discount to its 10-year highs at 31.9X forward earnings and in line with its 10-year median.\nLululemon’s transformation into a well-rounded sportswear and apparel company pushed Nike, Target, and countless upstarts to mimic the athleisure giant’s style. Lululemon’s high-margin growth is highly impressive as higher-income shoppers power it through various economic conditions. Lululemon executives project it will double its net revenue between 2021 and 2026, driven by direct-to-consumer, menswear, and international expansion.\nLULU is projected to post 18% revenue growth in FY23 and 14% higher sales in FY24, following 26% average expansion in the trailing five years. LULU is projected to expand its bottom line by 24% in FY23 and 15% in FY24. Lululemon, which grabs a Zacks Rank #3 (Hold), is buying back stock, supported by its robust balance sheet.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance\xa0for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nNIKE, Inc. (NKE) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nlululemon athletica inc. (LULU) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "In case you haven't heard,Bitcoin(CRYPTO: BTC)is officially back. After an impressive 2023, Bitcoin has maintained momentum in 2024. In just the past month, the world's premier cryptocurrency jumped by more than 40% and notched a new all-time high of more than $73,000.\nNow that Bitcoin is once again in the spotlight, investors may be curious if it's too late to buy. Such concerns are warranted, but with a deeper exploration it becomes clear that there is still considerable upside in the short term and that the long term holds even more promise.\nWith Bitcoin hovering above $67,000 at the time of this writing, it's clear that the huge gains that could have been made when it was trading for just $16,000 during thecrypto winterare likely gone. However, that doesn't mean it isn't worthy of an investment today.\nWhen taking a holistic view of Bitcoin's current position relative to past bull markets, there is a plethora of data that shows that we are only in the beginning stages of Bitcoin's resurgence. In other words, Bitcoin has considerable room to run.\nWe can look at metrics derived from its blockchain for proof of this. One of the best indicators of Bitcoin's current position within this cycle is the market value to realized value ratio, or MVRV. Market value is calculated by multiplying Bitcoin's circulating supply by its current price. It is the same as the market capitalization.\nThen there is realized value, which is calculated by determining the price of each Bitcoin the last time it was transacted. This provides a more granular insight into market dynamics as it removes the generalization that every Bitcoin in circulation was purchased at the most recent price.\nBy dividing the two, we get MVRV, and a much better picture of Bitcoin's current position. In fact, MVRV has proven to be a timely indicator of market tops as well as bottoms. Today, Bitcoin's MVRV sits at just over 3, far from the higher levels of 7.5 that usually mark bull market peaks.\nAfter going over the short-term potential for Bitcoin, it's time to zoom out a bit. Arguably the most appealing reason to invest in Bitcoin is its long-term potential.\nTo spare you from reading about my personal conviction and quasi-philosophical belief in Bitcoin, I'll resort to the data to prove why there really is no bad time to buy Bitcoin -- so long as you plan on investing for the long haul.\nIn a recent post on X, Willy Woo, a prominent Bitcoin analyst, highlighted the consistent pattern of Bitcoin's price appreciation over four-year cycles. He demonstrated that holding Bitcoin for at least four years has always resulted in a profit, translating to an average annualized return of about 30%. This showcases Bitcoin's resilience even when it occasionally loses half to three-quarters of its value.\nThe consistent performance of Bitcoin can be attributed to various factors, including its finite supply and the reduction every four years in the rate at which new coins are created. However, what further enhances Bitcoin's appeal over the long term is its ongoing evolution as a legitimate asset.\nA prime example of this evolution is the recent approval of spot Bitcoin exchange-traded funds (ETFs). These ETFs have demonstrated early success, signaling the beginning of Bitcoin's journey toward broader legitimacy. As these ETFs continue to gain traction, the demand for Bitcoin is likely to increase, exerting additional pressure on its limited supply. This trend could potentially lead to a cascading effect.\nAs its distinct functionality and ability to give portfolios a boost becomes more well known, it could kick off widespread adoption of Bitcoin byindividuals, corporations, and maybe even governments. From this standpoint, it only reinforces that today remains an opportune moment to grab the world's premier cryptocurrency. It's still early.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Surged Over 40% in a Month. Should You Buy It Right Now?was originally published by The Motley Fool", "In case you haven't heard,Bitcoin(CRYPTO: BTC)is officially back. After an impressive 2023, Bitcoin has maintained momentum in 2024. In just the past month, the world's premier cryptocurrency jumped by more than 40% and notched a new all-time high of more than $73,000.\nNow that Bitcoin is once again in the spotlight, investors may be curious if it's too late to buy. Such concerns are warranted, but with a deeper exploration it becomes clear that there is still considerable upside in the short term and that the long term holds even more promise.\nWith Bitcoin hovering above $67,000 at the time of this writing, it's clear that the huge gains that could have been made when it was trading for just $16,000 during thecrypto winterare likely gone. However, that doesn't mean it isn't worthy of an investment today.\nWhen taking a holistic view of Bitcoin's current position relative to past bull markets, there is a plethora of data that shows that we are only in the beginning stages of Bitcoin's resurgence. In other words, Bitcoin has considerable room to run.\nWe can look at metrics derived from its blockchain for proof of this. One of the best indicators of Bitcoin's current position within this cycle is the market value to realized value ratio, or MVRV. Market value is calculated by multiplying Bitcoin's circulating supply by its current price. It is the same as the market capitalization.\nThen there is realized value, which is calculated by determining the price of each Bitcoin the last time it was transacted. This provides a more granular insight into market dynamics as it removes the generalization that every Bitcoin in circulation was purchased at the most recent price.\nBy dividing the two, we get MVRV, and a much better picture of Bitcoin's current position. In fact, MVRV has proven to be a timely indicator of market tops as well as bottoms. Today, Bitcoin's MVRV sits at just over 3, far from the higher levels of 7.5 that usually mark bull market peaks.\nAfter going over the short-term potential for Bitcoin, it's time to zoom out a bit. Arguably the most appealing reason to invest in Bitcoin is its long-term potential.\nTo spare you from reading about my personal conviction and quasi-philosophical belief in Bitcoin, I'll resort to the data to prove why there really is no bad time to buy Bitcoin -- so long as you plan on investing for the long haul.\nIn a recent post on X, Willy Woo, a prominent Bitcoin analyst, highlighted the consistent pattern of Bitcoin's price appreciation over four-year cycles. He demonstrated that holding Bitcoin for at least four years has always resulted in a profit, translating to an average annualized return of about 30%. This showcases Bitcoin's resilience even when it occasionally loses half to three-quarters of its value.\nThe consistent performance of Bitcoin can be attributed to various factors, including its finite supply and the reduction every four years in the rate at which new coins are created. However, what further enhances Bitcoin's appeal over the long term is its ongoing evolution as a legitimate asset.\nA prime example of this evolution is the recent approval of spot Bitcoin exchange-traded funds (ETFs). These ETFs have demonstrated early success, signaling the beginning of Bitcoin's journey toward broader legitimacy. As these ETFs continue to gain traction, the demand for Bitcoin is likely to increase, exerting add Last 60 Days of Bitcoin's Closing Prices: [41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-18 Financial & Commodity Data: - Gold Closing Price: $2160.70 - Crude Oil Closing Price: $82.72 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,350,129,204,200 - Hash Rate: 600922569.4689952 - Transaction Count: 416270.0 - Unique Addresses: 673489.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) — BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, J.P.Morgan data showed. The U.S. Securities and Exchange Commission (SEC) approved nearly a dozen ETFs tracking the world's largest cryptocurrency last week, after years of regulatory pushback. Since the launch, BlackRock and Fidelity have pulled the lion's share of inflows as lower fees and name recognition appear to be key factors in drawing investors so far. BlackRock's iShares Bitcoin ETF accumulated $1.07 billion in assets under management as of Jan. 17, followed by $874.6 million by Fidelity Wise Origin Bitcoin ETF, J.P.Morgan data showed. Samara Cohen, CIO of ETF and Index Investments at BlackRock, rings the Nasdaq opening bell as spot bitcoin ETF's are launched on January 11.(Stephanie Keith/Getty Images) (Stephanie Keith via Getty Images) The nine newly launched ETFs have drawn $2.90 billion in investment flows in the first four days of trading. However, the Grayscale Bitcoin Trust, which was converted from a closed-end fund to an ETF, charges the steepest fee compared to the newly launched ETFs and has witnessed $1.62 billion in outflows in the first four days. (Reporting by Medha Singh in Bengaluru; Editing by Shilpi Majumdar) View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['After the collapse of FTX Trading Ltd. in 2022, many wrote off Solana and thought that the project was dead. However, the project overcame the odds and has made, according to some, a complete comeback. The price recently surpassed the $200 level, and it is nearing its all-time high of $260 set in November 2021.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nSolana\'s resurgence has been primarily driven by the projects that are using its chain. While these protocols can range from a distributed computing network to artificial intelligence (AI) protocols, some of the most popular projects are meme coins.\nSolana has become a playground for new meme coins, many of which have become extremely popular. Relatively new tokens, such as Bonk (BONK) and dogwifhat (WIF) have broken into the top 50 tokens by market cap and made many investors rich.\nNew tokens are also popping up seemingly every day. In the past week, a handful of new tokens were released through a new method called a presale.\nThe system works by having investors send SOL tokens to a wallet in exchange for an allocation of new tokens when the project is launched. The amount of tokens you receive depends on the initial amount you send and the overall demand for the project. Ideally, you would invest in a project with small amounts of initial demand to secure lots of tokens, but then see it pick up steam, resulting in huge gains. This is what happened last week with tokens BOOK OF MEME (BOME), Slerf (SLERF) and Snap (SNAP).\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nBOME and SNAP are based on the Pepe meme, popularized in the early 2000s, while SLERF is based on a meme of a sloth. All of these tokens used a presale, bringing in investments of several million dollars, which soon turned into billions.\nIn terms of price increases, the tokens saw massive price swings and huge returns within hours of launch.\n• BOME saw a price increase of over 37,000% within the first three days.\n• SLERF went from $0.02 to nearly $1.40 within three hours, marking a gain of over 6,100%.\n• SNAP increased by over 600% in three hours.\nTo become a millionaire with BOME, an initial investment of around $2,700 was required. For SLERF, you would have had to invest $16,400 to become a millionaire. Lastly, an investment of $159,000 into SNAP would have turned into $1 million.\nWhile it may not seem like the brightest idea to invest huge amounts into such volatile assets, many people did. One example is Solana user sundayfunday.sol, who invested $72,000 in BOME, which turned into over $30 million. The investor took several million in profits and inverted the rest into other meme coins.\nWhile most of the recent presale meme coins have fallen considerably in value, they are still well above their initial listing price.\nSome are saying that this new presale phenomenon is the peak of meme coin degeneracy; users are throwing money at what could very well be a rug-pull scam. Others point out that people are flocking to SOL to buy these meme coins. So, which will it be? Will these meme coins continue to drive the price of SOL higher, or will they all come crashing down? Only time will tell.\nRead Next:\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleSolana Meme Coin Mania: BOME, SLERF And SNAP Print Millionaires Overnightoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• A renewed wave of AI enthusiasm helped push the stock market higher on Monday.\n• Nvidia is set to unveil new products at its GTC conference, while a report says Apple and Google could strike a deal on AI.\n• Investors are also paying attention to the Federal Reserve\'s upcoming FOMC meeting on Wednesday.\nA renewed wave of investor enthusiasm toward artificial intelligence helped push the stock market higher on Monday.\nShares of Nvidia jumped just over 1% as the company hosted its annual GPU Technology Conference. Nvidia CEO Jensen Huang was kicking off a highly anticipated two-hour keynote address as the market headed into the closing bell, with investors expecting details on the company\'s upcoming launch of next-generation GPU chips, including the B100, which will be the successor to its wildly popular H100.\nMeanwhile, earlier in the day areport from Bloomberg helped spark a sharp rally in shares of Alphabetduring the session. The search giant saw its stock price surge about 5% after Bloomberg said Apple may utilize Alphabet\'s Gemini AI chatbot in its upcoming iPhone release.\n"We do think that GOOGL is best positioned to win any external deal for AI on AAPL\'s devices given the strong search partnership the two already have," CFRA analyst Angelo Zino said.\nAside from AI developments, investors will turn their attention to the Federal Reserve\'s two-day policy meeting set to begin on Tuesday. While central bankers are expected to leave the benchmark rate unchanged, Fed Chairman Jerome Powell\'s speech will be closely listened to by investors to gauge when the Fed may begin to cut interest rates.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,149.42, up 0.63%\n• Dow Jones Industrial Average:38,790.43, up 0.2% (+75.66 points)\n• Nasdaq Composite:16,103.45, up 0.82%\nHere\'s what else happened today:\n• Millennial women are taking over the economyas female participation in the prime-age workforce surges, according to Ned Davis Research.\n• Wall Street is ramping up its bets that the US economy will experience a soft landing,meaning no recession ahead.\n• A trade war between the US and China is likely regardless of who wins the Presidency in 2024, according to Capital Economics.\n• The housing market is expected to stay exceptionally strong in the Southdue to strong employment trends and relative affordability.\n• Bitcoin could soar 266% to $250,000 next year if inflows into bitcoin ETFs remain strong,according to Standard Chartered.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 2.13% to $82.30 a barrel.Brent crude, the international benchmark, climbed by 1.97% to $87.02 a barrel.\n• Goldrose by 0.12% to $2,164.00 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.33%.\n• Bitcoindropped by 2.06% to $66,953.\nRead the original article onBusiness Insider', 'THE HAGUE, Netherlands and SAN FRANCISCO, CA - (NewMediaWire) - March 19, 2024 - Developers sponsored by the Peercoin Foundation this week announced the release ofPeercoin v0.13(Codename Anisoptera) and offered insight into proposals for future upgrades.\nAs per tradition, the Peercoin releases follow the tick-tock release schedule. v0.13 is the "tick" release, which brings about a fresh codebase and sets the stage for the upcoming "tock" v0.14 release.\nPlans for the release of v0.14, which will be a hard fork, are currently being drafted through the RFC process which is notably open and transparent. Any interested party is welcome to submit their proposals for improvements to the Peercoin protocol, thereby fostering a collaborative and inclusive development environment.\nProposed Protocol Upgrades\nRFC-0028- Optimal Stake Split and Combine:This proposal would make the Peercoin wallet smarter so it automatically helps stakers achieve the highest potential reward when continuously staking.\nRFC-0030- PoW ASERT:To address dramatic fluctuations in hashpower and to mitigate unexpected PoW inflation, Peercoin developers have proposed that Peercoin\'s Proof-of-Work protocol adopt ASERT, a protocol engineered by Bitcoin Cash developers. This shift to a more responsive difficulty adjustment algorithm (DAA) ensures Peercoin\'s PoW protocol can swiftly adapt to hash power changes throughout the day, enhancing the network\'s stability and efficiency.\nImproved Network Parameters:Another improvement to Peercoin being considered for the RFC process is a set of adjustments to Peercoin\'s staking logic. From the perspective of users, it would cut the block time target in half from 10 minutes to 5 minutes. It would reduce the stake maturation period from 30 days to 21 days so that users can begin staking earlier. It would greatly favor smaller UTXOs for staking about 50 PPC in size making it easier for smaller stakers to participate in the consensus process. Consequently, it would substantially increase staking rewards when the security level is relatively low to further incentivize staking when it is most required. Overall, these changes will make Peercoin faster, fairer, more rewarding and more secure.\n"The release of Peercoin v0.13 and the proposed upgrades for Peercoin v0.14 towards greater network security validate our decision to execute our blockchain initiatives on Peercoin," said Wing Yu, CEO of PRConnect, a leading content syndication solutions provider that cryptographically hashes press releases and now posts up to 1,000 transactions a day on Peercoin.\nAbout Peercoin\nPeercoinis the original Proof-of-Stake blockchain. It is an 11 year old, fairly distributed, open-source, and community-driven project. Peercoin is designed around the concepts of energy and economical sustainability, both made possible by its innovation of Proof-of-Stake consensus.\nPeercoin is a peer-to-peer protocol in the truest sense because all coin owners have the power to run a full node, produce blocks, and earn peercoin as a reward. Proof-of-stake is used for Peercoin\'s blockchain security, while proof-of-work is only used to distribute new coins for the purpose of creating a wider and fairer distribution. Peercoin\'s Project Leader Peerchemist says:\n"Peercoin has the important distinction of having a continuous distribution of new coins, 11 years after its launch in 2012. And Peercoin\'s innovation of proof-of-stake, used to maintain chain security, makes it energy efficient and decentralized."\nAbout Peercoin Foundation\nDevelopment of Peercoin v0.13 and other aforementioned projects are sponsored by thePeercoin Foundation, a non-profit organization established in 2018 with the mission of promoting and supporting the continued development and overall progression of the Peercoin project.\nThe Peercoin Foundation is sponsored solely from community donations. Please donate to the Foundation to enable it to help improve the general Peercoin ecosystem.\nOfficial Links:\nWebsite -https://www.peercoin.net/\nTwitter -https://twitter.com/PeercoinPPC\nBlog -https://www.peercoin.net/blog/\nForum -https://talk.peercoin.net/\nTelegram -https://telegram.me/peercoin\nDiscord -https://discord.gg/m294ReV\nFoundation -https://www.peercoin.net/foundation\nContact Information:\nEmail:[email protected]\nDisclaimer: The information contained in this press release is for information purposes only and does not constitute investment advice or a solicitation to purchase or invest. The price of Peercoin can be extremely volatile and can fluctuate rapidly in response to market conditions. Before making any investment decisions, you should carefully consider your investment objectives, level of experience, and tolerance for risk.', "• Bitcoin remains above $65,000 despite highest-ever GBTC outflows.\n• GBTC outflows are occurring due to high fees and ETF competition.\nBitcoin {{BTC}} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever.\nAccording to data compiled by BitMEX research, outflow from GBTC hit $643 million on March 18.\nData from investment firm Farside shows that there's a net outflow from bitcoin ETFs in general to the tune of $154 million. The iShares bitcoin ETF (IBIT) saw the most inflow of $451.5 million, while the remaining products had inflow of approximately $36.7 million.\nSince the launch of bitcoin exchange-traded funds (ETFs) earlier this year, there have beensignificant outflowsfrom GBTC – which recently converted into an ETF – because of its higher fees. This selling puts pressure on the price of bitcoin.\nA recent notefrom CryptoQuant says that selling pressure is also coming from short term holders of bitcoin taking profit on recent gains.\nOver the last week bitcoin is down 8.5%, according to CoinDesk Indicies data, but remains up 27% over the past 30 days.", "• Bitcoin remains above $65,000 despite highest-ever GBTC outflows.\n• GBTC outflows are occurring due to high fees and ETF competition.\nBitcoin {{BTC}} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever.\nAccording to data compiled by BitMEX research, outflow from GBTC hit $643 million on March 18.\nData from investment firm Farside shows that there's a net outflow from bitcoin ETFs in general to the tune of $154 million. The iShares bitcoin ETF (IBIT) saw the most inflow of $451.5 million, while the remaining products had inflow of approximately $36.7 million.\nSince the launch of bitcoin exchange-traded funds (ETFs) earlier this year, there have beensignificant outflowsfrom GBTC – which recently converted into an ETF – because of its higher fees. This selling puts pressure on the price of bitcoin.\nA recent notefrom CryptoQuant says that selling pressure is also coming from short term holders of bitcoin taking profit on recent gains.\nOver the last week bitcoin is down 8.5%, according to CoinDesk Indicies data, but remains up 27% over the past 30 days.", "• The Department of Justice filed dozens of victim impact statements from FTX creditors on Monday.\n• The statements are intended to support the DOJ’s sentencing memo for Sam Bankman-Fried.\nFTX’s creditors say the exchange’s 2022 collapse “robbed [them] of [their] financial security,” exacted an “emotional toll,” and “created a sense of insecurity and mistrust toward the financial system,” they said in a series of victim statements filed in founder Sam Bankman-Fried’s criminal case.\nThe Department of Justicefileddozensofvictimimpactstatements from FTX creditors Monday before Bankman-Fried’s sentencing next week. These victims hail from around the world, and the letters describe their FTX holdings and the effect FTX’s bankruptcy had on their lives.\n“I find myself in a financially precarious situation,” one letter said. “As a restitution claimant, my income has been nonexistent for over a year, and my circumstances are exacerbated by my current unemployment status and ongoing disability recognition process.”\nReadall of CoinDesk's coverage on the Sam Bankman-Fried trial here.\nSeveral other respondents said they were unemployed due to health issues and depended on the funds they stored in FTX.\nSome of the respondents said they trusted FTX based on Bankman-Fried’s comments about the exchange or because of the perception that U.S.-based crypto exchanges were regulated and otherwise safe (while FTX.US was based in the U.S., the main FTX global entity was headquartered in The Bahamas).\nSome of the comments took issue with the idea that they were being made whole from the FTX bankruptcy, noting that they were receiving 100% of the value of their assets from November 2022 and not the value those assets would have at present crypto prices. Bitcoin’s {{BTC}} price hovered around $16,500 shortly afterFTX filed for bankruptcy. As of press time, it was trading around $65,000.\nSome victims’ names and email addresseswere redactedin the publicly available versions of the documents.Corporate victim statementswere not redacted, and a DOJ letter accompanying the letters said,\nSome of these victim impact statements also appear to follow a form letter format, with recipients substituting their account values at the time of bankruptcy, the value as of when the letters were filed and the loss amounts. Many of the letters, both the templated versions and others, emphasized the loss of value from waiting for their funds.\n“I respectfully urge the court to consider the full scope of the impact that Sam Bankman-Fried’s actions and the collapse of FTX have had on my family and me,” another letter said. “Justice, in this case, should not only involve penalizing the wrongdoer but also ensuring that the victims are genuinely compensated for their losses.”\nThe victim impact statements come just after the DOJ filed its sentencing memorandum arguingBankman-Fried should spend 40 to 50 years in prisonfor his conviction on seven different fraud and conspiracy charges last November. The recommendation from prosecutors is less than the 100 years proposed in a Presentence Investigation Report by a probation officer.\nHis defense team filed its sentencing memo last month, urging District Judge Lewis Kaplan to impose a lighter sentence ofno more than 6.5 years.\nThe defense filed multiple character reference letters from Bankman-Fried’s parents and brother, fellow adherents of the Effective Altruism philosophy, former FTX employees and several others.\nBankman-Fried’s sentencing is scheduled for 9:30 a.m. ET on March 28.", '• BVM, a Bitcoin layer 2 project, will release a platform called Truly Open AI, allowing users to deploy AI models on the blockchain for use in crypto applications.\n• The AI’s storage model was built in collaboration with Filecoin, Near, Avail, Polygon, and Syscoin.\nBitcoin Virtual Machine (BVM), a Bitcoin layer 2 project, will soon release a platform that allows users to spin up artificial intelligence (AI) models, developer punk3700 told CoinDesk in a message on Tuesday.\nThe new feature, called Truly Open AI, will let users float AI models on the blockchain for use in crypto applications. An AI model is a tool or algorithm based on a specific data set to arrive at a decision.\n“We’ve figured out a way to put AI on-chain,” lead developer punk3700 said. “It’s the same but with a much bigger impact than putting jpegs on-chain like ordinals,” he said.\n“They are neural networks (technical terms for AI) where users can create their own AI models, make money from them (when people use their AI models) per call, or sell the entire models,” he added.\nThe developer said that Filecoin, Near, Avail, Polygon, and Syscoin will provide the storage layers for the AI models.\nAI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years.\nHowever, the relationship between AI and crypto is unclear:Some market experts sayartificial intelligence cannot run on a blockchain, even though scores of projects claim otherwise.\nAt the time of writing, Bitcoin Virtual Machine’s BVM token was trading at $2, down 20% in the past 24 hours, in line with a marketwide drop.', '• BVM, a Bitcoin layer 2 project, will release a platform called Truly Open AI, allowing users to deploy AI models on the blockchain for use in crypto applications.\n• The AI’s storage model was built in collaboration with Filecoin, Near, Avail, Polygon, and Syscoin.\nBitcoin Virtual Machine (BVM), a Bitcoin layer 2 project, will soon release a platform that allows users to spin up artificial intelligence (AI) models, developer punk3700 told CoinDesk in a message on Tuesday.\nThe new feature, called Truly Open AI, will let users float AI models on the blockchain for use in crypto applications. An AI model is a tool or algorithm based on a specific data set to arrive at a decision.\n“We’ve figured out a way to put AI on-chain,” lead developer punk3700 said. “It’s the same but with a much bigger impact than putting jpegs on-chain like ordinals,” he said.\n“They are neural networks (technical terms for AI) where users can create their own AI models, make money from them (when people use their AI models) per call, or sell the entire models,” he added.\nThe developer said that Filecoin, Near, Avail, Polygon, and Syscoin will provide the storage layers for the AI models.\nAI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years.\nHowever, the relationship between AI and crypto is unclear:Some market experts sayartificial intelligence cannot run on a blockchain, even though scores of projects claim otherwise.\nAt the time of writing, Bitcoin Virtual Machine’s BVM token was trading at $2, down 20% in the past 24 hours, in line with a marketwide drop.', 'In this article, we will be taking a look at the 12 best cybersecurity stocks to buy according to analysts. To skip our detailed analysis of the cybersecurity sector, you can go directly to see the5 Best Cybersecurity Stocks to Buy According to Analysts.\nThe technology sector has developed exponentially over the past few years, leading to an increasingly interconnected digital landscape. This is more the case in light of the rise of artificial intelligence (AI), as it has armed companies, individuals, and governments with an exceptionally effective technological arsenal. As a result, cybersecurity has become more pronounced regarding innovation and exposure to external cyber threats.\nA fall 2023articlepublished by Deloitte, titled "AI in Cybersecurity: A Double-Edged Sword," highlighted the important role AI has come to play in the cybersecurity industry. The report noted that AI now offers the potential of bolstering digital defenses to make them stronger than ever before. For instance, a Zipdosurveycited by Deloitte has shown that 61% of enterprises believe they require AI technologies to detect breach attempts and that 69% of organizations surveyed believed they could not respond to critical threats without AI. However, AI is also capable of doing great damage if it falls into the wrong hands, in terms of "unleashing new forms of cyber threats." Deloitte noted several examples of AI-enabled cyber threats, including a 2023 instance when hackers used AI to get through Bitfinex\'s biometric authentication system. Fake video streams were injected into the verification process and succeeded in fooling the system into thinking that the videos were legitimate users. Through this endeavor, the hackers stole $150 million worth of digital assets such as Bitcoin, Ethereum, and Tether.\nDespite the malicious use of AI in cybercrime, many still believe in the transformative capability of this technology in the cybersecurity industry, provided that certain steps are taken to mitigate the risks associated with AI in cybercrime. Deloitte recommended the establishment of policies and standards that could set the framework for responsible and secure AI usage, the development of a defensible security architecture that can protect AI systems from internal and external threats, and the implementation of tailored security solutions for AI.\nAs the situation stands at present, AI in cybersecurity is thus here to stay. From an investment standpoint, this can be an exciting opportunity. According to the Zipdo survey, by 2026, the global AI in cybersecurity market is projected to reach a grand total of $46.3 billion. Deloitte has also offered a projection for this growth, stating that the market, which was worth $17.4 billion in 2022, may hit a value of $102.78 billion by 2032, growing at a compound annual growth rate of\xa0 19.43% between 2023 and 2032. Additionally, Zipdo estimates that AI-enabled cybersecurity tech is expected to grow at an annual rate of 23.6% until 2027. Considering the impact of this technology in the cybersecurity space, 44% of the businesses surveyed reported that they are planning to invest in AI to improve their cybersecurity.\nThese figures may aid cybersecurity companies such as SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), among others, in growing exponentially in the years to come. Today, most renowned industry players in the cybersecurity sector are working to incorporate AI in their operations in light of these developments.\xa0Considering the above, we have compiled a list of the best cybersecurity stocks to buy now, according to analysts. Our list includes someundervalued cybersecurity stocksalongside somegrowth stocks in the cybersecurity industryas well.\nOur Methodology\nTo select the names for our list of the best cybersecurity stocks, we consulted the holdings of theGlobal X Cybersecurity ETFand shortlisted the stocks based on their upside potential as of March 18.\xa0 We calculated upside potential based on average analyst price targets for these stocks. Price target data was taken from Benzinga. The stocks are ranked based on their upside potential based on price targets, from the lowest to the highest upside potential. We have also mentioned the number of hedge funds holding stakes in the stocks by using Insider Monkey\'s hedge fund data for the fourth quarter. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by over 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 10\nAverage Analyst Price Target: $22\nUpside Potential: 11.5%\nRadware Ltd. (NASDAQ:RDWR) is a systems software company based in Israel. The company develops, manufactures, and markets cybersecurity and application delivery solutions for applications in cloud, on-premise, and software-defined data centers worldwide.\nAn Overweight rating and a $22 price target were maintained on Radware Ltd. (NASDAQ:RDWR) by Tavy Rosner at Barclays on February 8.\nRadware Ltd. (NASDAQ:RDWR) had 10 hedge funds long its stock in the fourth quarter, with a total stake value of $113.6 million.\nLike SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Radware Ltd. (NASDAQ:RDWR) is one of the best cybersecurity stocks to invest in according to analysts.\nNumber of Hedge Fund Holders: 50\nAverage Analyst Price Target: $294.6\nUpside Potential: 13.1%\nAt the end of the fourth quarter,RGM Capitalwas the largest shareholder in Cyberark Software Ltd (NASDAQ:CYBR), holding over 1 million shares in the company.\nCyberark Software Ltd (NASDAQ:CYBR) is another systems software company on our list of the best cybersecurity stocks to buy. It develops, markets, and sells software-based identity security solutions and services worldwide. The company is based in Israel.\nTal Liani, an analyst at Bank of America Securities, maintained a Buy rating and $315 price target on Cyberark Software Ltd (NASDAQ:CYBR) on March 15.\nOur hedge fund data for the fourth quarter shows 50 hedge funds long Cyberark Software Ltd (NASDAQ:CYBR), with a total stake value of $1.6 billion.\nNumber of Hedge Fund Holders: 17\nAverage Analyst Price Target: $12\nUpside Potential: 16.7%\nA Neutral rating and $12 price target were maintained on OneSpan Inc. (NASDAQ:OSPN) by analysts at DA Davidson on March 7.\nOneSpan Inc. (NASDAQ:OSPN) is a cybersecurity company that designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements. It is based in Boston, Massachusetts.\nIn the fourth quarter, 17 hedge funds were long OneSpan Inc. (NASDAQ:OSPN), with a total stake value of $94 million.\nNumber of Hedge Fund Holders: 14\nAverage Analyst Price Target: $16\nUpside Potential: 17.8%\nImpax Asset Managementwas the most prominent shareholder in A10 Networks, Inc. (NYSE:ATEN) at the end of the fourth quarter, holding 775,000 shares in the company.\nAs of February 7, BWS Financial analysts hold a $17 price target and a Buy rating on A10 Networks, Inc. (NYSE:ATEN).\nBased in San Jose, California, A10 Networks, Inc. (NYSE:ATEN) is a systems software company that offers networking solutions. It offers the Thunder Convergent Firewall, which can address multiple critical security capabilities, among others.\nA10 Networks, Inc. (NYSE:ATEN) was seen in the portfolios of 14 hedge funds in the fourth quarter, with a total stake value of $74.2 million.\nRichie Capital Group mentioned A10 Networks, Inc. (NYSE:ATEN) in its first-quarter 2023 investorletter:\n“A10 Networks, Inc.(NYSE:ATEN) (ATEN down -11.1%) – The provider of cybersecurity and infrastructure solutions for on-premises, cloud and edge environments traded down during the quarter despite recording a record fourth quarter and full year revenue. The company still faces some challenges as they transition from a hardware focus to becoming software centric. Investors were likely concerned with ATEN’s negative growth in their enterprise segment. Despite near term headwinds, we view the company as an attractively priced cybersecurity market leader with attractive margins and high returns on capital. The company continues to outpace their peers in the Application Delivery Controller (ADC) market and expects double digit earnings growth for the full year 2023.”\nNumber of Hedge Fund Holders: 77\nAverage Analyst Price Target: $335.2\nUpside Potential: 18.9%\nThere were 77 hedge funds long Palo Alto Networks, Inc. (NYSE:PANW) in the fourth quarter, with a total stake value of $1.8 billion.\nPalo Alto Networks, Inc. (NYSE:PANW) provides cybersecurity services worldwide. It offers firewall appliances and software alongside a security management solution for the global control of network security platforms as a virtual or physical appliance under the name of Panorama. The company is based in Santa Clara, California.\nStifel analysts maintained a Buy rating and a $330 price target on Palo Alto Networks, Inc. (NYSE:PANW) on March 13.\nNumber of Hedge Fund Holders: 30\nAverage Analyst Price Target: $61.8\nUpside Potential: 22.9%\nRapid7, Inc. (NASDAQ:RPD) is a systems software company based in Boston, Massachusetts. The company provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brands.\nPoint72 Asset Managementwas the largest shareholder in Rapid7, Inc. (NASDAQ:RPD) at the end of the fourth quarter, holding 1.8 million shares in the company.\nWe saw 30 hedge funds long Rapid7, Inc. (NASDAQ:RPD) in the fourth quarter, with a total stake value of $377.1 million.\nAn Outperform rating and a $70 price target were reiterated on Rapid7, Inc. (NASDAQ:RPD) on February 8 by analysts at RBC Capital.\nLike SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Rapid7, Inc. (NASDAQ:RPD) is among the best cybersecurity stocks to buy now.\nNumber of Hedge Fund Holders: 62\nAverage Analyst Price Target: $394.4\nUpside Potential: 24.6%\nCantor Fitzgerald analysts maintained an Overweight rating and a $400 price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) on March 14.\nAt the end of the fourth quarter, 62 hedge funds were long CrowdStrike Holdings, Inc. (NASDAQ:CRWD), with a total stake value of $2.6 billion.\nCrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cybersecurity solutions worldwide. It offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company is based in Austin, Texas.\nBaron Funds said the following about CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its fourth-quarter 2023 investorletter:\n“Improving unit economics: Many of our companies were able to significantly expand margins during 2023 even though revenue growth decelerated for some of them, showcasing the power of their capital-light, recurring revenue business models, and their increased focus on efficiency. Another example is the cybersecurity platform,CrowdStrike Holdings, Inc.(NASDAQ:CRWD), which is expected to increase its operating margins from 15.9% in 2022 to 20.8% in 2023 as a result of growing efficiencies, while the company’s platform offering is resonating with an increasing number of customers (for example, deals with eight or more modules grew 78% year-over-year in the last quarter), which is a tailwind to sales productivity.”\nClick to continue reading and see the5 Best Cybersecurity Stocks to Buy According to Analysts.\nSuggested articles:\n• 11 Most Undervalued Cybersecurity Stocks To Buy According To Analysts\n• 12 Best Performing Cybersecurity Stocks in 2023\n• 11 Best Cybersecurity Stocks Hedge Funds Are Buying\nDisclosure:None.12 Best Cybersecurity Stocks to Buy According to Analystsis originally published on Insider Monkey.', 'In this article, we discuss the 15 best blockchain and bitcoin ETFs. If you want to skip our discussion on the cryptocurrency industry, head directly to5 Best Blockchain and Bitcoin ETFs.\nThe cryptocurrency market has experienced a significant turnaround from the losses of 2022 and 2023, with a notable rise driven by Bitcoin. Bitcoin\'s price has been steadily climbing since October 2023 and is currently approaching its previous record levels from late 2021. The surge in prices suggests that the cryptocurrency market may be on track to set new records this year. The key question now is whether this trend signifies a sustained bull market in cryptocurrencies or a short-lived surge. This upward trend follows a surge of interest from retail investors in spot Bitcoin ETFs. For instance, on March 4 alone, net inflows into the US-based Bitcoin ETFs reached approximately $562 million, asreportedbyCointelegraph.\nThe rising popularity of digital currencies like Bitcoin, Litecoin, and Ethereum is anticipated to drive market growth in the coming years. People in developed nations are increasingly embracing the convenient and flexible nature of digital transactions offered by these currencies. This surge in virtual currency usage has prompted central banks to show support for digital currencies. Additionally, digital currencies often leverage blockchain technology to achieve decentralization and facilitate efficient transactions, which are fast, transparent, secure, and reliable. Companies are capitalizing on these advantages by investing in cryptocurrency and forming partnerships to enhance services for users. For example, in October 2018, the Qtum Chain Foundation, based in Singapore,collaboratedwith Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services China to deploy blockchain systems on the Amazon Web Services cloud. This strategic partnership aimed to simplify the development and deployment of smart contracts for AWS users using Amazon Machine Images.\nA recent reportsuggeststhat Bitcoin may hit a new record of $88,000 in 2024, settling at around $77,000 by year-end. Finder, a UK fintech firm, conducted a study based on predictions from 40 crypto industry specialists. The experts anticipate an average peak price of $87,875 in 2024, with some predicting it could reach $200,000. Conversely, the lowest expected price by the end of 2024 is around $35,734, with a few forecasts of as low as $20,000. Over half of the surveyed experts expect prices to rise after a "BTC halving event" in April 2024, where the reward for mining Bitcoin transactions is halved. This reward could decrease to 3.125, leading to a decrease in supply and potentially higher prices.\nSome experts believe Bitcoin faces pressure due to the halving event and increasing interest from major companies and institutional investors, which could drive up demand. The approval of 11 Bitcoin ETFs by the US Securities and Exchange Commission is expected to bring more buyers into the market, as it makes trading Bitcoin-related investment funds easier on US stock exchanges. Additionally, analysts anticipate that a cut in the historically high benchmark rate by the US Federal Reserve could lead to more liquidity flowing into Bitcoin, further boosting its price. However, John Hawkins, a senior lecturer at the University of Canberra, remains cautious, viewing cryptocurrency as primarily speculative in nature. He stated:\n“If the new spot Bitcoin ETFs are popular, there could be a temporary price increase. But, in the medium to longer-term, I still regard Bitcoin as a speculative bubble.”\nOn the other hand, the global blockchain market was valued at about $7.4 billion in 2022 and isforecastedto reach over $94 billion by the end of 2027, with a projected compound annual growth rate of approximately 66.2% during the period from 2022 to 2027. Increased demand for blockchain technology across sectors such as retail, banking, and supply chain is anticipated to drive market expansion. However, the limited availability of skilled professionals to implement blockchain technology could pose a challenge to market growth.\nThis article discusses some of the best performing blockchain and bitcoin ETFs that provide investors with access to stocks like Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK).\nOur Methodology\nWe curated our list of the best blockchain and bitcoin ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 15, 2024, ranking the list in ascending order of the share price. It is important to note, however, that not all ETFs have been trading for 5 years. We have also discussed the top holdings of the ETFs to offer better insight to potential investors.\nA close-up of a laptop with a Bitcoin ecosystem monitor running in the background.\n5-Year Share Price Performance as of March 15: 22.74%\nThe Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) aims to invest in firms actively involved in development, research, or use of blockchain technologies. It seeks long-term growth by mirroring the investment returns of the NASDAQ Blockchain Economy Index, before deducting fees and expenses. The ETF was launched on January 17, 2018, and as of March 13, 2024, it holds net assets totaling $81.08 million, with gross expenses of 0.68%. The fund\'s portfolio, as of March 14, 2024, comprises 55 stocks.\nMicroStrategy Incorporated (NASDAQ:MSTR) is the largest holding of the Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN). It offers enterprise analytics software and services powered by artificial intelligence globally. On February 6, MicroStrategy Incorporated (NASDAQ:MSTR) announced a Q4 non-GAAP EPS of $5.62, beating market estimates by $5.41, and a revenue of $124.5 million, falling short of estimates by $7.68 million.\nAccording to Insider Monkey’s fourth quarter database, 16 hedge funds were bullish on MicroStrategy Incorporated (NASDAQ:MSTR), same as the previous quarter.\nIn addition to Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK), MicroStrategy Incorporated (NASDAQ:MSTR) is one of the best blockchain and bitcoin stocks to buy.\nMiller Value Partners Income Strategy made the following comment about MicroStrategy Incorporated (NASDAQ:MSTR) in its Q1 2023 investorletter:\n“MicroStrategy Incorporated (NASDAQ:MSTR) 0.75% 12/15/2025 rose in sympathy with Bitcoin’s 71.7% gain during the first quarter. The company reported 4Q22 revenue of $132.6MM, -1.5% Y/Y (+4.1% on constant currency basis), ahead of consensus of $131.0MM, and an adjusted loss from operations of -$176.7MM, compared to a 4Q21 adjusted loss of -$124.3MM. During the quarter, MicroStrategy’s subsidiary, Macrostrategy, voluntarily paid off a $205MM loan to Silvergate Bank with a 22% discount after the bank filed for liquidation earlier this year. Additionally, MicroStrategy reported that it purchased another ~6.5K bitcoin for ~$150MM in cash, at an average price of $23.2K per token, bringing the company’s total holdings to ~139.0K bitcoin as of 3/23/23, which is worth approximately $3.95B based on a bitcoin price of ~$28.4K as of 3/31/23.”\n5-Year Share Price Performance as of March 15: 47.08%\nThe First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) aims to mirror the performance of the Indxx Blockchain Index. It is one of the best blockchain and bitcoin ETFs. This index tracks companies that actively use, invest in, develop, or have products benefiting from blockchain technology and its potential for increased efficiency in business processes. The ETF was launched on January 24, 2018, and as of March 14, 2024, it has net assets of $104.61 million and holds 102 stocks. The fund\'s expense ratio is 0.65% as of February 1, 2024.\nNVIDIA Corporation (NASDAQ:NVDA) is the top holding of the First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR).The company offers graphics, computing, and networking solutions in different countries around the world.\nAccording to Insider Monkey’s fourth quarter database, 173 hedge funds were bullish on NVIDIA Corporation (NASDAQ:NVDA), compared to 180 funds in the preceding quarter. Rajiv Jain’sGQG Partnersheld a significant position in the company, with 13.9 million shares valued at approximately $6.89 billion.\nAlger Spectra Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its fourth quarter 2023 investorletter:\n“NVIDIA Corporation (NASDAQ:NVDA) is a leading supplier of graphics processing units (GPUs) for a variety of end markets, such as gaming, PCs, data centers, virtual reality and high-performance computing. The company is leading in most secular growth categories in computing, and especially artificial intelligence and super- computing parallel processing techniques for solving complex computational problems. Simply put, Nvidia’s computational power is a critical enabler of Al and therefore critical to Al adoption, in our view. During the period, shares contributed to performance as Nvidia reported solid fiscal third quarter results well above analyst expectations, driven by strong demand from data centers. Growing Al data center workloads are driving demand for the increased interconnections and fully accelerated software stacks, thereby enabling leading application performance and fast result times.”\n5-Year Share Price Performance as of March 15: 56.05%\nARK Next Generation Internet ETF (NYSE:ARKW) is an actively managed ETF aiming for long-term capital growth by primarily investing in domestic and US-listed foreign equity securities of companies relevant to the fund’s focus on the next generation internet. ARK Next Generation Internet ETF (NYSE:ARKW) was introduced on September 30, 2014, and it is one of the best blockchain and bitcoin ETFs. As of January 31, 2024, the ETF\'s net assets total $1.52 billion, with an expense ratio of 0.88%. Its portfolio typically includes 35 to 55 stocks.\nCoinbase Global, Inc. (NASDAQ:COIN) is the largest holding of the ARK Next Generation Internet ETF (NYSE:ARKW). It offers financial infrastructure and technology services for the cryptocurrency economy worldwide. On February 15, Coinbase Global, Inc. (NASDAQ:COIN) reported a Q4 GAAP EPS of $1.04 and a revenue of $953.8 million, outperforming market consensus by $1.03 and $134.87 million, respectively.\nAs per Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on Coinbase Global, Inc. (NASDAQ:COIN), an increase from 27 funds in the previous quarter. Cathie Wood’sARK Investment Managementheld the largest position in the firm, with 8.6 million shares worth around $1.5 billion.\nPatient Capital Management stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its fourth quarter 2023 investorletter:\n“Coinbase Global, Inc. (NASDAQ:COIN) climbed an incredible 131.7% in the quarter outpacing the 57% gain in bitcoin over the same period as investors became excited about the potential approval of a Bitcoin ETF in the new year. Coinbase continues to stand out as the lead survivor in an industry of fading and failing leaders. Cost savings initiatives taken earlier in the year have resulted in three quarters of positive EBITDA leading to expectations for “meaningful positive adjusted EBITDA” for the full year 2023. We continue to believe COIN has the potential to be the platform for crypto with $5B in liquidity providing the ability to invest and weather any crypto winters.”\n5-Year Share Price Performance as of March 15: 57.39%\nBitwise Bitcoin ETF (NYSE:BITB) offers an affordable way to invest in bitcoin through a traditional, professionally handled ETF. Managed by Bitwise, a company with expertise and a successful track record in managing crypto assets for institutional investors, the fund directly invests in bitcoin and is easily accessible through a brokerage account. The Bitwise Bitcoin ETF (NYSE:BITB) is ranked 12th on our list of the best bitcoin and blockchain ETFs. The ETF was launched on January 10, 2024. As of March 15, 2024, the fund\'s net assets total $2.04 billion.\n5-Year Share Price Performance as of March 15: 57.50%\nNext on our list of the best blockchain and bitcoin ETFs is the WisdomTree Bitcoin Fund (BATS:BTCW), which is designed to mirror the price movements of bitcoin by holding the cryptocurrency. The fund\'s share value is typically calculated daily using an independently determined value based on a combination of actual trade data from major bitcoin exchanges. Launched on January 11, 2024, the fund had net assets totaling $75.18 million as of March 15, 2024, with a gross expense ratio of 0.25%.\n5-Year Share Price Performance as of March 15: 57.66%\nARK 21Shares Bitcoin ETF (BATS:ARKB) aims to mirror the performance of bitcoin, as determined by the CME CF Bitcoin Reference Rate - New York Variant. ARK 21Shares Bitcoin ETF (BATS:ARKB) is placed among the best blockchain and bitcoin ETFs. Launched on January 10, 2024, the fund holds net assets totaling $1.52 billion as of February 16, 2024, its expense ratio stands at 0.21%.\n5-Year Share Price Performance as of March 15: 57.71%\nRanked among the best blockchain and bitcoin ETFs, the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) aims to match the performance of bitcoin, as determined by the Fidelity Bitcoin Reference Rate, after accounting for the Trust\'s expenses and other obligations. Launched on January 10, 2024, the fund holds net assets amounting to $6.43 billion as of March 15, 2024.\n5-Year Share Price Performance as of March 15: 57.78%\nThe VanEck Bitcoin Trust ETF (BATS:HODL), one of the best blockchain and bitcoin ETFs, aims to mirror the price performance of Bitcoin after deducting the Trust\'s operational expenses. It is a passive investment vehicle that solely tracks the price of Bitcoin without seeking additional returns. The fund was launched on January 4, 2024. As of March 15, 2024, the fund holds net assets totaling $532.56 million, featuring an expense ratio of 0.20%.\n5-Year Share Price Performance as of March 15: 69.35%\nThe iShares Bitcoin Trust (NASDAQ:IBIT) aims to closely track the price performance of Bitcoin. Ranked 7th on our list of the best blockchain and bitcoin ETFs, this trust allows investors to gain exposure to Bitcoin through a traditional brokerage account. Developed by BlackRock, the world\'s largest asset manager and ETF provider, the iShares Bitcoin Trust (NASDAQ:IBIT) was launched on January 5, 2024. As of March 15, 2024, the fund holds net assets totaling $15.94 billion, with a sponsor fee of 0.25%.\n5-Year Share Price Performance as of March 15: 97.55%\nThe Amplify Transformational Data Sharing ETF (NYSE:BLOK) is actively managed and aims to achieve total return by investing primarily in equity securities of companies actively engaged in developing and using blockchain technologies. It was launched on January 17, 2018. As of March 15, 2024, the fund has net assets totaling $711.95 million, with an expense ratio of 0.76%. Its portfolio includes 53 stocks. It is one of the best blockchain and bitcoin ETFs to invest in.\nGalaxy Digital Holdings Ltd. (TSE:GLXY) is one of the top holdings of the Amplify Transformational Data Sharing ETF (NYSE:BLOK). Galaxy Digital Holdings Ltd. (TSE:GLXY), a company specializing in asset management, operates in the digital asset, cryptocurrency, and blockchain technology sector. It is divided into five parts – Trading, Principal Investments, Asset Management, Investment Banking, and Mining.\nLike Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK), Galaxy Digital Holdings Ltd. (TSE:GLXY) is one of the best blockchain and bitcoin stocks to buy.\nClick to continue reading and see5 Best Blockchain and Bitcoin ETFs.\nSuggested articles:\n• 15 Biggest Solar Companies in the World\n• 16 Sites Like Alibaba: Best Alternatives to Source Products\n• 50 Cities With The Largest Population In The US\nDisclosure: None.15 Best Blockchain and Bitcoin ETFsis originally published on Insider Monkey.', 'In this article, we discuss the 15 best blockchain and bitcoin ETFs. If you want to skip our discussion on the cryptocurrency industry, head directly to5 Best Blockchain and Bitcoin ETFs.\nThe cryptocurrency market has experienced a significant turnaround from the losses of 2022 and 2023, with a notable rise driven by Bitcoin. Bitcoin\'s price has been steadily climbing since October 2023 and is currently approaching its previous record levels from late 2021. The surge in prices suggests that the cryptocurrency market may be on track to set new records this year. The key question now is whether this trend signifies a sustained bull market in cryptocurrencies or a short-lived surge. This upward trend follows a surge of interest from retail investors in spot Bitcoin ETFs. For instance, on March 4 alone, net inflows into the US-based Bitco Last 60 Days of Bitcoin's Closing Prices: [41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-19 Financial & Commodity Data: - Gold Closing Price: $2156.30 - Crude Oil Closing Price: $83.47 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,295,610,515,888 - Hash Rate: 655172523.6571684 - Transaction Count: 463952.0 - Unique Addresses: 755218.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The leaders of the World Bank and International Monetary Fund are seeking to mend fences between their sister institutions after tensions arose in recent years over issues including climate change and sovereign debt issues. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Presidential Race Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Trump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again. Putin Orders Hunt for Property of Russian Empire, Soviet Union Burger King Is Serving Whoppers With a Side of Cringe Ajay Banga, who took over as World Bank president in June, met last week with the IMF executive board, made up of 24 executive directors who represent its 190 member countries, according to an IMF spokesman. It’s the first time that a chief of the anti-poverty institution has met with those top officials of the world’s lender of last resort in more than five years. It’s part of an effort to move past some bad blood dating to the tenure of Banga’s predecessor, David Malpass. The Trump appointee was criticized for not sufficiently focusing on environmental issues, while IMF Managing Director Kristalina Georgieva moved the fund toward addressing climate issues. An IMF spokesman said in a statement that Banga’s “informal courtesy visit to the IMF Executive Board was for him to outline his vision for the World Bank Group and the importance of continued close collaboration between the fund and the bank, and not in a response to anything else.” The World Bank declined to comment. Banga and Georgieva said in a joint statement in early September that they plan to enhance collaboration — “in particular with regards to climate change, renewed high debt vulnerabilities, and digital transition.” Banga and Georgieva also meet for breakfast or lunch about once a month to discuss shared priorities, according to a person familiar with their discussions, who asked not to be identified discussing private interactions. Story continues Georgieva, an environmental economist, took the top at the IMF job in 2019 after serving as the World Bank’s number two official and running it for several months before Malpass was appointed. Under her, the IMF has begun granting longer-term loans to help nations adapt to climate change, traditionally the purview of the World Bank. That sparked resentment among some at the World Bank, which environmental groups criticized as being disinterested in the issue under Malpass. Meanwhile, Malpass, who in the Trump administration had a reputation as a China hawk, was more vocal than Georgieva in calling for Beijing to provide debt relief to struggling nations during the Covid-19 pandemic. That stirred some unease at the IMF, whose traditional focus is on balance of payments lending and debt. Tensions were further stoked in late 2021 after the World Bank under Malpass’s leadership released a report that characterized Georgieva as trying to improperly boost China’s ranking in a survey of business climates during her time at the bank. That led the IMF board to consider removing her, although it determined the report didn’t “conclusively demonstrate” wrongdoing. Last week’s IMF board meeting with Banga, at the IMF headquarters across the street from the World Bank in Washington, lasted about 90 minutes and was focused on how the institutions can create incentives for greater collaboration between their staffs, which varies between countries and offices around the world, according to people familiar with the meeting, who asked not to be identified because it was private. The visit ended with a pledge to maintain stepped-up interactions, they said. The World Bank’s roughly 16,000 staff are largely focused on project finance, while the IMF’s approximately 3,000 employees, mostly economists, are more focused on balance of payments lending. Malpass stepped down last year, almost a year before the end of his term to “pursue new challenges.” The Biden administration appointed Banga to replace Malpass and has signaled that it now wants to see the IMF refocus on its core mission of macroeconomic and exchange-rate surveillance and guidance, and leave climate expertise to the World Bank and others. Read More: US Calls on IMF to Reload and Refocus Amid China Pushback Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Stoppedapollo67', 'Dorms Marked Key', 36, '2024-03-19 00:42', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', "This is my first wipe playing tarkov got the game about a month or so ago. I've made it to lvl 21 or so but die nearly every PMC raid. The other day I got lucky in factory looting a jacket and got a marked key for customs. I just opened it for the first time and holy shit is it worth. I got 2 bitcoin and RSASS and a mk47. I hauled ass to zb11 and heard another pmc rushing me as I exfilled. I don't know how much the guns are really worth because they dont sell on the flea but I made half the cost of the key in just one open of the room. Really loving the game right now.\n", 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', '1bi5u4l', [['u/robinjinxed', 20, '2024-03-19 00:51', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi7jq3/', 'You will need one RSASS for a gunsmith quest, keep one.', '1bi5u4l'], ['u/haldolinyobutt', 21, '2024-03-19 00:54', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi8441/', 'That room can be really hit or miss, the next time you go you might find a pistol, some ammo and a teapot. You need the key for a quest though', '1bi5u4l']]], ['u/aledanniel', 'Had enough of this BS', 118, '2024-03-19 00:55', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', 'Today I had enough and took all my money out of this ridiculous platform.\n\nFor Coinbase folks Case# 18231622\n\nAccount holder for maybe 12 years? Deposited much larger amounts recently. All verified kyc, never used vpn. Wired funds so it’s easier for them since they told me this is the safest for them. So I paid wire fees no problem. Never tried to do anything shady always following rules. Provided Id, selfies, all required documentation. Address all matches. Bought btc and BCH, and the moment I transfer some of it, like 5% to my cold wallet, Trezor (days later), my account is put on hold. At first I’m happy about it good for security. I allow all the time they need to review. They say 2 days I wait. 3rd day I ask if they need anything else they say no but now it’s 5 days. Same thing happens but now it’s 2 weeks. Same thing happens but now it’s 60 days. I wait 60 days and today I was told that review got dropped because of risk factos and I can submit a request to review again in 2 months.\n\nAll this time of course I had to wait an hour or two to speak/chat to an associate. They never give specifics. I would love to provide anything they need but I don’t know what they need because they won’t tell me what the issue is. \n\nPeople on the chat won’t let me ask questions and this last time, today, the customer service client asked if I had my issue resolved, I said no, and just disconnected me. They treat people like sht. \n\nI sold all and transfered to my bank. Will be using other platforms going forward. \n', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', '1bi654l', [['u/PutridPresent9957', 23, '2024-03-19 01:45', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvig1r8/', 'Coinbase is terrible, I only buy small amounts on there and transfer directly to cold storage', '1bi654l'], ['u/stocktadercryptobro', 11, '2024-03-19 02:22', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kviluea/', "I'm waiting until the 25th to be able to move my crypto off (that's assuming I get permission then). The money is already cleared from my bank. No reason other than bullshit. I've bought and sold tens of thousands on the platform, and have a coinbase one membership. Shady af exchange. I'm going to start shopping for another. Maybe Kraken?", '1bi654l'], ['u/nutacreep', 10, '2024-03-19 03:41', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvixlo6/', 'Ok… really not sure what the hostility is about, you can check the Gemini subreddit and reviews online for others that have had a similar experience. Whether you believe me or not makes no difference to me 👍🏼', '1bi654l']]], ['u/AnswerJazzlike', 'Best & Worst changes in the show', 17, '2024-03-19 00:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', "Tell us the changes you like and dislike from the show. It could be from early seasons to the newer ones and can range from adding new features (punishment pass), removing old ones (Best of the Worst, team captains, etc.), to adding a new spin on recurring challenges (signature dish changing their scoring system, BTC adding punishments to wrong answers). Just tell us the season that this change occurred.\n\nTo name a few...\n\nBest: \n\n* Changing the Signature Dish scoring system to the 1-5 scale instead of chasing between two chefs. Introduced in season 13, it seems. like a better way to gauge every chef's dishes while still making it a team challenge.\n* Removing the design your own restaurant challenge. I think they removed it around season 6 but yeah it kind of felt like padding to me.\n\nWorst:\n\n* Discontinuing the design your own menu challenge/service. It seems like a fun way to test the creativity of the teams and their ability to work together. Additional bonus is Ramsay being at his most pissed off during these kinds of services. Last menu challenge was Season 12. I know from Flynnmasters that the red team broke it but I don't think every team onwards would have pulled off that level of teamwork. Just imagine teams like the s17 red team or the s19 blue team trying to design and implement their menu.\n* Elimination challenges in general. I was fine with the one cook for your like challenge that happens around the midpoint but using that to decide the first boot, the black jackets, AND the finalists just made me despise it.\n * The first elimination challenge was introduced in Season 19 where one person doesn't even get a chance to prove themselves during service. That just seems unfair. Just to rub further salt in the wound, they don't even get the Henkel knife set.\n * Final elimination challenge takes the cake though. You know what season this was introduced. That season can speak for themselves, they know who they are. By this point in the game, the chef's creativity and service skills are already proven. It feels like bullshit that it's yet another challenge to dictate who. makes it to the finale instead of who was the better leader, the actual skill needed most for the head chef position. \n* Very minor but still disappointing is the removal of the quirky intros. Starting from season 17, it's just Ramsay strolling through a fiery restaurant I know the rights for the old theme song expired but that doesn't mean they can't do those old fun opening anymore. \n\nWhat are your's guy's pick? If you're confused, I'll do my best to clarify", 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', '1bi66yv', [['u/EldredKnight', 20, '2024-03-19 01:03', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvi9g7s/', "A good early one was moving to all professionals for S3 onwards (Except for Dominic in S4 for some reason). I like seeing people who know what they're doing, or at least aren't on the catastrophically unprepared level they were in 1 and 2. According to Virginia, they didn't even get a proper demonstration of the menu like we see them get in newer seasons.", '1bi66yv'], ['u/CatacombsRave', 11, '2024-03-19 01:35', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kviei98/', 'I agree, I miss the create-your-own menu challenge. I also miss when the finale was down to 2 chefs.', '1bi66yv'], ['u/camundell', 12, '2024-03-19 02:20', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvilegv/', 'I hate the pouring of liquid food during the blind taste test! My favorite challenge and this just about ruins it', '1bi66yv'], ['u/Alex72598', 18, '2024-03-19 02:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvir92d/', '\nI wish they hadn’t removed the black jacket rookies vs veterans service that was in 9-11. It was fun to see how the current chefs stacked up to the best from past seasons.', '1bi66yv']]], ['u/Kooky-Turnip-1715', 'Wasn’t crypto originally created to escape the system?', 82, '2024-03-19 01:06', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', 'Now the government has their hands all in it and taxes you for it. That was literally the reason bitcoin was created, for anonymity. Using physical cash is more anonymous then bitcoin at this point\n\nAt the end of the day if you wanna speculate and try to make some money, go for it. But the people who think they are clever and “escaping the matrix” through crypto are delusional. \n\n', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', '1bi6elc', [['u/TheAnalogKoala', 25, '2024-03-19 01:12', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviawu1/', 'It was created for more than anonymity. Satoshi anticipated that Bitcoin wasn’t perfectly anonymous and knew that some acitivities could unmask wallet owners, but I doubt he anticipated that the blockchain would someday be read almost like a book. \n\nWhat he was really interested was censorship-resistance and inability to debase the currency. \n\nSo yeah, I think he’s turning in his grave based on what Bitcoin has become. Pretty much no one gives a fuck (beyond lip service) about anything but number go up.', '1bi6elc'], ['u/futurevisioning', 16, '2024-03-19 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvid2s9/', 'I’m in it for the tech, bro! 🙄', '1bi6elc'], ['u/anyprophet', 52, '2024-03-19 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviebcy/', 'the title of the bitcoin white paper is literally: "Bitcoin: A Peer-to-Peer Electronic Cash System". that\'s as clear a mission statement as you can get.', '1bi6elc'], ['u/Legendventure', 13, '2024-03-19 01:50', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvigull/', "But at the same time you cannot afford to make a mistake or reverse the transaction for fraud purposes unlike banks or credit cards because those transactions are irreversible.\n\nHaving a fixed supply is a bad thing, you're escaping the current situation by eating a burrito, farting under the blankets and walking away from the bed because it stinks.", '1bi6elc'], ['u/Disastrous_Week3046', 86, '2024-03-19 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvih6oi/', 'What crypto is most successful at is being whatever it needs to be to get in more suckers.', '1bi6elc'], ['u/Far_Breakfast_5808', 24, '2024-03-19 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvihssk/', 'Funny thing is that now a lot of butters outright say they don\'t care about it being used as a currency anymore and instead prefer it\'s new use case as a way to get rich. They even defend their position, basically saying "just because it was created as a currency doesn\'t mean that is its most practical purpose". I don\'t know if I should commend them for at least being honest, or scold them for going against God Emperor Satoshi\'s wishes.', '1bi6elc'], ['u/Far_Breakfast_5808', 21, '2024-03-19 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvihyal/', ">Not being able to reverse the transaction is a benefit to the recipient\n\nSo you're basically saying it's a benefit to scammers because people can't get their money back, gotcha.", '1bi6elc'], ['u/Legendventure', 15, '2024-03-19 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviiuha/', '> Not being able to reverse the transaction is a benefit to the recipient. As is the fact that the fee is paid by the sender. Freedom comes with risks.\n\nAh yes, the "freedom". I wonder why third parties prevent certain transactions, maybe because we live in a society which have collectively agreed on laws to prevent some transactions, like to a sanctioned country, or north korea, or terrorists and these checks and balances are there for a reason. Its funny how it always comes back to illegal ass shit.\n\nGood luck getting any non illegal large transaction done via a system that has no opsies no backsies, the risk alone would laugh you out of the room.\n\n> Fixed supply is a good thing\n\nNot according to any modern economic theory. Having a fixed supply slows down the economy massively. Why would you invest and circulate money to improve productivity when its value increases by just sitting there? How can a city borrow money to kickstart investing in a new project when it needs to sit and collect money that only increases in value as it sits statically, without the ability to go into debt (Because i know you\'ll move the goalpost and bring up the US debt after talking about "printing money effortlessly" which funny enough you trust tether to do, in order to drive up the price of bitcoin right?\n\nSame old debunked tired arguments. I really wish we got someone who actually had new and good points :(', '1bi6elc'], ['u/Legendventure', 13, '2024-03-19 02:10', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvijvvl/', "> Modern economic theory is dumb and wrong\n\nHahahhahahaha\n\n> Enjoy your steak, Cipher\n\nOh I absolutely will, don't be left holding the bags!", '1bi6elc'], ['u/Far_Breakfast_5808', 14, '2024-03-19 02:14', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvikm1d/', "All you care about is merchants, but what about customers? Are you really okay with people being scammed out of their money without recourse? With banks, and especially credit cards, you have the option to decline or reverse suspicious transactions. With Bitcoin, there's no way to avoid it short of avoiding scams in the first place, and in practice that's often easier said than done.", '1bi6elc'], ['u/applesauceorelse', 19, '2024-03-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviru5k/', '> I can send any amount of value to anyone in the world without the permission of a third party. \n\nWith great difficulty and very high cost + risk. \n\nAll for something that really isn\'t worth anything, you don\'t need or benefit from "without permission", this is just emotional support finance for financial snowflakes. Something that to all intents and purposes, you can already do with the real financial system anyways (+ conveniently without the difficulty, cost, and risk). \n\nSomething where the only reason you can do this is because of bypassing and skirting regulations and laws, something which goes away as Bitcoin gets regulated, as y\'all pretend that you want. \n\n> In a currency with an absolutely fixed supply.\n\nThis is an unequivocally terrible property of a currency - certainly any currency you ever actually want to use or expect others to use. \n\n> If you don\'t see how that\'s escaping the current system, I would suggest you don\'t understand the current system very well.\n\nWhat exactly are you escaping? How is Bitcoin helping you do it? What can you do with Bitcoin that you can\'t do with real money? Be specific. All you\'ve mentioned are empty platitudes.\n\n> Anonymity/pseudonymity is not at all the main purpose of Bitcoin. (Which is good because it\'s tough to use privately)\n\nDoesn\'t this kind of negate your points about all the crime you think Bitcoin lets you commit? If the primary advantage of Bitcoin is that you can break laws because the Bitcoin network is permissionless, then you\'re kind of fucked if you can\'t do that anonymously, no? \n\nSo there goes your last advantage. Now you have nothing.', '1bi6elc'], ['u/Ok-Row-6131', 11, '2024-03-19 03:32', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviwagd/', 'They like the application of finding or being exit liquidity much better.', '1bi6elc'], ['u/baz4k6z', 26, '2024-03-19 04:22', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvj32fq/', "Hey it's also very successful in facilitating crimes like human trafficking and money laundering", '1bi6elc'], ['u/AmericanScream', 13, '2024-03-19 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvj3t3s/', 'Did you ever know a friend in school that maybe made little cartoons or something? And like would give them to his friends thinking they were valuable and the friends would be like, "um, ok, yea, that\'s cool?"\n\nThat was "Satoshi."', '1bi6elc'], ['u/warpedspockclone', 22, '2024-03-19 06:44', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvjic57/', "Yes, cash helps crime. Cash also helps everything else. Cars can be used to run people over, but are mainly use for transit. Crypto's main use case is crime, with a side helping of speculation, and a footnote about actual usefulness. The footnote says some think it may happen but isn't on the current roadmap, or an outline, or a well-formed idea, not even a stretch goal.", '1bi6elc']]], ['u/RBMVI', 'Finally over', 36, '2024-03-19 02:21', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/', "Got my distribution via Coinbase. About 30% of BTC and 20% of ETH. But at least now it's over. Thank you for being this ball of rage and sadness with me. I hope you all get yours soon.", 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/', '1bi8273', [['u/PsychologicalAd1862', 16, '2024-03-19 03:08', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/kvist0j/', 'Very happy to be out of that mess and I hope macheatsky goes to prison', '1bi8273'], ['u/RepulsiveMonk134', 11, '2024-03-19 09:10', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/kvju3qn/', 'Happy for you guys. Who else still waiting with me ?', '1bi8273']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, March 19, 2024', 35, '2024-03-19 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/', '1bibarb', [['u/Top_Plantain6627', 11, '2024-03-19 05:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj835f/', 'Does anyone know IBIT inflow ~', '1bibarb'], ['u/make_n_bake', 11, '2024-03-19 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj8bnd/', '[451.5](https://farside.co.uk/?p=997)', '1bibarb'], ['u/dopeboyrico', 24, '2024-03-19 05:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj977j/', 'Upon the release of BlackRock’s inflow numbers confirming is was a net outflow day for spot ETF’s we reached a higher low of $64.8k, above the local bottom at $64.5k.\n\nThis is on a day where GBTC had their highest day of outflows since spot ETF launch at $642.5 million. Even with record high GBTC outflows and a net outflow day, we failed to reach a lower low, at least for now.\n\nGBTC’s outflows likely won’t be as high today as they were yesterday yet we’re about to see MSTR deploy another $525 million on top of whatever inflows new spot ETF’s end up doing.\n\nBuy the dip.', '1bibarb'], ['u/_TROLL', 27, '2024-03-19 05:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjabbs/', "GBTC lost close to 10,000 BTC today, from their remaining 378,100 stash.\n\nGuess their mini-ETF idea isn't appealing to their shareholders. By the time it's approved, GBTC will be mostly gone.", '1bibarb'], ['u/Outrageous-Net-7164', 24, '2024-03-19 05:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjd4wn/', 'I don’t think they give a shit. \n\nThey knew that the big ETF’s would crush them and still were the biggest fighters for the ETF. \n\nI’m pretty sure their view was that they were all tired of the grind, had legal action all over them and were all ultimately as rich as they ever dreamed. Plan was always keep the fees high and milk the last free money and sail off to sun set with a huge personally stash of BTC. Probably settle some fines/legal bills and do some deals to disappear and then watch the proper ETFs pump their bags. \n\nThey played it well ……. Who wants to carry on working if you don’t have too.', '1bibarb'], ['u/zpowers1987', 15, '2024-03-19 05:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjdlrc/', 'GBTC already took a haircut from 2% to 1.5% and they’re bleeding AUM. No need to kick them while they’re down. \n\nGrayscale has been around for a long time and is solely responsible for the fact we have these exchange traded products.', '1bibarb'], ['u/_TROLL', 10, '2024-03-19 05:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjdxxi/', 'Without Grayscale, someone else would have come along sooner or later -- maybe even Larry Fink himself -- and strong-armed the SEC into approving the ETFs.', '1bibarb'], ['u/simmol', 11, '2024-03-19 06:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjeaur/', 'There is a big volume gap between 50 and 60K because Bitcoin went up so quickly through this region. Usually, in these type of correction waves, these volume gaps get filled up so it would not be surprising if Bitcoin spends fair amount of time in this region if correction persists.', '1bibarb'], ['u/mork1985', 13, '2024-03-19 06:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjgdlh/', 'I agree. It’s almost as if the SEC said to Greyscale, “ok you get your approval, but you’re going to keep your fees higher than the rest of the market. You’re going to bleed out & let the big boys become the Bitcoin big boys. And you’re going to ride off into the sunset. Then you’ll avoid your legal obligations…”.', '1bibarb'], ['u/drdixie', 15, '2024-03-19 06:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvji6ui/', 'Each bounce off 64.8 gets weak and weaker. Next test and I think we lose 64k and set a lower low 😞', '1bibarb'], ['u/_TROLL', 21, '2024-03-19 07:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjk89b/', "It probably won't be a week. Bob Loukas thinks BTC was rising way too fast, and [needed a consolidation period of a few months](https://twitter.com/BobLoukas/status/1767553495551357430) surrounding the halving.\n\nIn the long run, it would probably be good to range between 55-75 for most of the spring and even summer.", '1bibarb'], ['u/GRYMandFROSTBITTEN', 13, '2024-03-19 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjn3vv/', ' From yesterday:\n\nWith the Reverse Rep Program running out in a month or so and the Bank Term Funding Program ending march 11th, those issues are at the forefront of this price action imo.\n\nEdit for the skeptics: https://www.frbdiscountwindow.org/GeneralPages/bank_term_funding_program#:~:text=What\'s%20New%3A%20As%20announced%20by,scheduled%20on%20March%2011%2C%202024.\n\n"As announced by the Federal Reserve Board on January 24, 2024, the Bank Term Funding Program (BTFP) has ceased making new loans as scheduled on March 11, 2024."\n\n"Fed Chair Jerome Powell said at his January 31, 2024 press conference that Fed officials will discuss “balance sheet issues” at their March 19-20 meeting".\n\nhttps://pbs.twimg.com/media/GIvrCUyXoAASvuY?format=jpg&name=large\n\n"The Fed will stop QT when overnight RRP balances drop to $300 billion and bank reserves are $3 trillion."\n\nhttps://www.newyorkfed.org/markets/desk-operations/reverse-repo', '1bibarb'], ['u/xtal_00', 15, '2024-03-19 07:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjo3hs/', 'Apparently more people want off the ride than expected. Some stuff shaking loose on chain, not enough to be too concerning.\n\nToday will be interesting.', '1bibarb'], ['u/drdixie', 11, '2024-03-19 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjpyg5/', 'And now 63. Down 5k from closing. Could we hit that god candle by US open?', '1bibarb'], ['u/Outrageous-Net-7164', 25, '2024-03-19 08:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjrsxt/', 'No longer a crypto millionaire ! \n\nHurting less than the previous 2 times of losing the status', '1bibarb'], ['u/cryptojimmy8', 13, '2024-03-19 09:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjtp8a/', 'Getting close to an area where I am soon starting to add some buys but I still see no sign of breaking out of the downtrend yet, but I think we are getting close to a bottom. Eth and alts also have had very hard corrections. Still dont think we’ll have a fast recovery though and we need to be patient. The biggest risk I see now is actually how high the nasdaq is right now. That could potentially give us an even harder time when it starts to dip. I know we are not that correlated anymore but a correction in the stock market will probably send us down as well', '1bibarb'], ['u/xtal_00', 12, '2024-03-19 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjuhp5/', 'Wait another cycle and you’ll have numbed to the point where watching the variance in the high six and seven figures isn’t too bad anymore.', '1bibarb'], ['u/_TROLL', 12, '2024-03-19 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjvezb/', "> No longer a crypto millionaire !\n\n... even worse, you're measuring that in Yen. 😉 🗾", '1bibarb'], ['u/Outrageous-Net-7164', 13, '2024-03-19 09:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjvkd1/', 'I’m there !\n\n2021 was savage \n\nWell into 6 figures lost over the last week. Even took out 2 6 figure loans and lumped in and watching that drop !\n\nNot even bothered \n\nIm 95% certain that this is needed bull run correction and the rewards are 6-12 months away.', '1bibarb'], ['u/TonyTuck', 14, '2024-03-19 09:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjwc98/', 'Wait you took two $100k+ loans to buy more bitcoin last week or I misunderstood?', '1bibarb'], ['u/CompleteApartment839', 14, '2024-03-19 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxjtb/', 'You must be new here :)', '1bibarb'], ['u/xtal_00', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxzi3/', 'This is going to be a long ride if you get depressed so quickly. :)\n\n$500m isn’t that much..', '1bibarb'], ['u/whathappening1112', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxzrz/', "lol and a few days ago I was downvoted to hell for suggesting that the pre-halving pump was over and we'd be trading below $69k for a few weeks before another push to ATH in May or June. The consensus among the crowd here seemed to be that we'd be getting the 'god candle' to $100k any day now. To those new in here (there seem to be a lot) just keep stacking and you'll be OK.", '1bibarb'], ['u/jogeer', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjy1pr/', 'Even a 500 million buy against market sentiment wouldn’t do a thing. \n\nWe needed a retest and looking for support because even though we hit a new ATH, it was a weak push. Markets never go in a straight line and I believe we’re close to the turnaround already.', '1bibarb'], ['u/kb1985', 17, '2024-03-19 10:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjy7va/', 'Just a reminder that like 2 months ago we were at 38k. We are still well above it.', '1bibarb'], ['u/FreeTheGalgo', 11, '2024-03-19 10:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjycuv/', 'And here we see the WSBer’s introduction to Bitcoin.', '1bibarb'], ['u/TonyTuck', 19, '2024-03-19 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjym43/', '> The consensus among the crowd here seemed to be that we\'d be getting the \'god candle\' to $100k any day now.\n\nThat was mostly Rico and some new people in this sub tho. I don\'t think old timers believed the "100k in a week" prediction, or even wanted to see that PA. Too steep too fast, we don\'t want a blow-off top pre halving.', '1bibarb'], ['u/Charming_Rub_5275', 24, '2024-03-19 10:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjywa2/', 'I hate to say it, but crypto might not be for you if this is how you feel at 63k btc', '1bibarb'], ['u/keeprunning23', 21, '2024-03-19 10:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjzs2x/', "If we close above $0 today it'll be a bullish sign.", '1bibarb'], ['u/ngadominance', 27, '2024-03-19 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk0mv5/', "We want the bull run to last as long as possible meaning moves like this are essential. We are already miles ahead of every other halving cycle and I'm still expecting an overall cycle peak late 2024/early 25.", '1bibarb'], ['u/bloodyboy33', 11, '2024-03-19 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk0ode/', 'Alts bleed like it is in the middle of bearmarket', '1bibarb'], ['u/simmol', 24, '2024-03-19 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk1422/', 'The selling is relentless right now. There is an outside chance that we wick under 60K to 58-59K for a brief bit some time in the next few hours before recovery. But most likely, we go to like 61-62K and then recovers as we are entering into a region of solid support.', '1bibarb'], ['u/monkeyhold99', 10, '2024-03-19 11:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk3lvs/', '42k is not happening and I’ll eat a sock if I’m wrong on that. Sub 50k is possible but I think it would get bought up extremely quickly.', '1bibarb'], ['u/ImpudicusFungus', 11, '2024-03-19 11:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk4qd1/', 'Diarrhea mode engaged.', '1bibarb'], ['u/sgtlark', 11, '2024-03-19 12:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk81n7/', "Bleed motherfucker BLEEED I WANT MOAR\n\nWarren Buffet with maniac eyes strangling Bitcoin and grunting\n\nI think we'll go to the low 50k. Maybe not now but in the following days/weeks. That would be the dreaded 30% pullback from ATH.", '1bibarb'], ['u/sunil100k', 10, '2024-03-19 12:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk8l4b/', 'Pros of visiting this sub: Useful discussion, no cc crings.\n\nCons: You start thinking like btc maxis', '1bibarb'], ['u/Effayy', 10, '2024-03-19 12:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk8zu7/', 'Not really a con. I\'ve watched my alts hemorrhage against BTC for years now. I\'ve also famously thought to myself "I can convert during peak alt-season" only to hold those bags longer, which after every cycle gets weaker and weaker relative to BTC.\n\nUntil we see an ETF for #2, or ... Whatever # LTC is nowadays, it really is all about the corn.', '1bibarb'], ['u/btcluvr', 29, '2024-03-19 12:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkabtj/', "tbh i'm impressed at how people whine at 60k bitcoin and feel this is the end of the world.", '1bibarb'], ['u/RustedFromTheRain_', 12, '2024-03-19 12:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkarzp/', 'Welcome to the Hotel Hell. Check-in time is now. Checkout time is never\n\nBut if I had to guess, bottom will be somewhere between $53k - $59k (there are probably going to be a lot of stops/liquidations at $59k)', '1bibarb'], ['u/Cadenca', 20, '2024-03-19 12:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkbv1h/', "that's tomorrow. With that said, I think Powell will surprise everyone by staying relatively dovish despite recent data. He doesn't change his tune on a dime, and we have seen him finally turn softer. He is now in the stage where he talks somewhat dovish while interest rates remain high in hopes that the high interest rates will keep doing work for him while not destroying the economy.", '1bibarb'], ['u/ConsciousFlows', 22, '2024-03-19 12:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkd9xt/', 'When Bitcoin passed 1k and it dropped to $300 felt like the end of the world. Do that 4-5x and you join the diamond hands club.\n\nPaper hands panic and make big mistakes (like I did back then)', '1bibarb'], ['u/xtal_00', 10, '2024-03-19 12:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkdhbq/', 'Ye of little faith ..', '1bibarb'], ['u/dopeboyrico', 12, '2024-03-19 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkezji/', '[MSTR raised $603.75 million, higher than the $525 million expected.](https://x.com/saylor/status/1770058304519024797?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nExpect that to get deployed today and tomorrow. Buy the dip.', '1bibarb'], ['u/JovialApple', 11, '2024-03-19 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkezr8/', 'I could handle the volatility when I had around 10k or under. Been playing with BTC since 2015. Drop\n25% it’s only 2500 down. \n\nAt moment after the ETF run up my holdings peaked at 38K last week (bought in 12k worth near all time low for this cycle) \n\nNow it really hurts, my holdings now 33k, ouch, 5 k down. I know it’s not lost unless I sell but it still hurts. 38k is a whole lot of money to me. \n\nI don’t need the money at the moment but it’s a rough ride. \n\nSimply can’t fathom how people hold long term with several hundred k in holdings. Would lose 100 k at times.', '1bibarb'], ['u/dopeboyrico', 17, '2024-03-19 13:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkfsp5/', 'You go in with the mentality that it’s long-term money to fund retirement and to give you indefinite financial freedom.\n\nWhen you’re broke a few $10k feels like a lot but that’s not enough to give you shelter indefinitely. When you’re middle class a few $100k feels like a lot but that’s not enough to allow you to retire indefinitely. Eyes on the prize; there isn’t another option out there that will get you there anywhere near as quickly, all you need to do is focus and not deviate from the path.', '1bibarb'], ['u/snek-jazz', 14, '2024-03-19 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkg7p0/', "I think some people are just built for it and some people aren't.", '1bibarb'], ['u/RustedFromTheRain_', 23, '2024-03-19 13:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkgoeo/', 'Nope, he already bought ~$67,382 per bitcoin\n\nhttps://twitter.com/saylor/status/1770061111146033385', '1bibarb'], ['u/dopeboyrico', 25, '2024-03-19 13:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkgz9t/', '[MSTR already deployed their newly raised funds. They now have 214,246 BTC, more than 1% of all BTC which will ever exist.](https://x.com/saylor/status/1770061111146033385?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nLooking at PA, there is A LOT of selling going on right now, it’s not just GBTC.', '1bibarb'], ['u/logicalinvestr', 34, '2024-03-19 13:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkh42l/', "Guys, I'm starting to get the feeling that we might not hit 100k today.", '1bibarb'], ['u/xtal_00', 12, '2024-03-19 13:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvki3gs/', 'Eventually you realize that the money is not worth holding.\n\nWhat are you going to do with the gains? Buy a high interest ETF at 5%?\n\nEventually you realize it’s almost impossible to beat Bitcoin and you learn to stomach the volatility.\n\nHodl two cycles and it doesn’t matter.\xa0', '1bibarb'], ['u/caxer30968', 19, '2024-03-19 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvki8g0/', 'If it didn’t matter you wouldn’t be here all day everyday.', '1bibarb'], ['u/DrunkOnWeedASD', 10, '2024-03-19 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkifms/', 'People adapt', '1bibarb'], ['u/delgrey', 13, '2024-03-19 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkifvf/', 'So 58k gang gonna get to celebrate again?', '1bibarb'], ['u/delgrey', 10, '2024-03-19 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkkosi/', "Can't help it. \nUSD still rules. No sense pretending it doesn't.", '1bibarb'], ['u/dopeboyrico', 21, '2024-03-19 13:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvklt0b/', 'So far the drop from $73.7k to $62.4k has been a pullback of 15.3%.\n\nA pullback of 20% would be $59k, a pullback of 25% would be $55.3k, and a pullback of 30% would be $51.6k.\n\nLast remaining higher low acting as an area of support is $59.3k before a 20% pullback becomes possible. After that, there’s additional higher lows acting as support at $56.7k and $54.4k before a 25% or 30% pullback becomes possible.\n\nIf spot ETF’s don’t step up and buy the dip aggressively today and/or GBTC has another day of massive outflows, given that there’s not much support remaining below, it could get ugly.\n\nAdditionally, the Fed will be releasing a new Summary of Economic Projections tomorrow. Right now futures are pricing in at least 3 rate cuts by end of year. Potential downward forecast revisions from the Fed could change that. We’ll see how it goes.', '1bibarb'], ['u/Top_Plantain6627', 12, '2024-03-19 14:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkopja/', 'But I will go down with this ship..', '1bibarb'], ['u/Ok_File_9520', 11, '2024-03-19 14:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkq2bh/', 'I think with the reduced volatility over the years, this should be it for the pullback. I am not expecting a 30% pullback. Consolidate here for a few weeks and climb up slowly like it did from 51ks.', '1bibarb'], ['u/Shootinsomebball', 10, '2024-03-19 14:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkqtu5/', 'This market will do what it takes to shake the leverage out. \xa0There’s too much belief that EFTs mean ‘up forever’. \xa0As such people are over leveraging thinking they’ll get a free ride.\xa0\n\nSince when are blackrock and the like going to hand us all lottery wins? \xa0When has that ever happened? \xa0It may take quite a few whips to train people to manage their risk. \xa0Then again gamblers are naturally attracted to this market. And they seem to be pervasive in their masochistic needs\xa0', '1bibarb'], ['u/zephyrmox', 16, '2024-03-19 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkrdco/', "> Since when are blackrock and the like going to hand us all lottery wins? \n\nBlackrock's ideal situation is price go up. They are not trying to suppress prices or anything like that. Blackrock are just the provider of one of the ETFs, they are not 'trying to get your coins cheap' or anything suspicious like that.", '1bibarb'], ['u/Ok_File_9520', 20, '2024-03-19 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkremg/', 'Blackrock is not buying anything. They are just facilitating others who buy.', '1bibarb'], ['u/Cultural_Entrance312', 16, '2024-03-19 14:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkrkr8/', 'Bitcoin has been cooling off. RSI on the hourly is at 34.5 (average 30.74) at time of writing. Current nearby resistance are 64.1, 65.7, 67.4 and 69. 63 is a major support, if it breaks, then next supports are 60.5, 59, and 57.5.\n\n\r \nThe daily is not overbought anymore. RSI is at 49.9 and its average is currently at 69. Same resistances/supports as I mention in the hourly. Bitcoin has retraced in the rising channel that started Feb 7th and bounced off of the rising support line at 63. I have added the estimated halving date to show how close we are. \n\n\r \nOn the weekly, Bitcoin is still well outside of the rising resistance channel from when we bottomed out in 2022. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 75. (75.9 average). I would normally expect a larger cool off and retrace, but the ETF inflows seem to be limiting this on this timeframe. Main resistances were noted above. About 4 weeks till halving. \r \n\n\nBitcoin closed it’s 6th monthly green candle in February and became overbought with a closing RSI at 72.9. Current RSI is 76.8. With the way inflows are coming into the ETFs, I am beginning to suspect the monthly RSI might stay overbought longer than it ever has in it’s history. 6 green candles in a row has never happened before a halving. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. I only found one other time in BTC’s history where there was a 7th green candle in a row and this was the 1st year of BTC when its value was below $0.01. This time the pre-halving PA is different from past pre-halving PA. BTC is well above the rising support line.\n\n\r \nGood luck to all traders and DCAers. \n\n\r \n1-hour: [https://www.tradingview.com/x/x5GVCJLV/](https://www.tradingview.com/x/x5GVCJLV/)\n\n\r \nDaily: [https://www.tradingview.com/x/jkTlL54D/](https://www.tradingview.com/x/jkTlL54D/)\n\n\r \nWeekly: [https://www.tradingview.com/x/m23TW7nU/](https://www.tradingview.com/x/m23TW7nU/)\n\n\r \nMonthly: [https://www.tradingview.com/x/qLdAQxS5/](https://www.tradingview.com/x/qLdAQxS5/)', '1bibarb'], ['u/viralhysteria', 42, '2024-03-19 14:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvksoa2/', 'thank you for making a top call after price has already declined 15%', '1bibarb'], ['u/Kangaroo_Low', 10, '2024-03-19 14:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvktt3r/', 'Black rock wants AUM so their % take is higher, so OFC they want people to buy', '1bibarb'], ['u/dopeboyrico', 10, '2024-03-19 15:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkv9la/', '[AUM held in new spot ETF’s is now at $31.2581 billion through day 46 or ~466.98k BTC.](https://x.com/bitmexresearch/status/1770004721371062491?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $12.4416 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $679.52 million with average inflows of $531.39 million or ~10.15k BTC. Yesterday average daily AUM was at $710.22 million with average inflows of $532.33 million or ~10.44k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 27.9%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.279.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $31.2581 billion is 0.184% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 251 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 71.2% of that amount of BTC over the span of 46 trading days.', '1bibarb'], ['u/Whole-Emergency9251', 11, '2024-03-19 15:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkw4yz/', 'It’s obvious now that two things need to occur for the next leg up. 1. Consolidation after halving 2. GBTC needs to liquidate most of their coins, at this pace it looks like another 2 months. Till then we’ll be in the high 50’s and 60’s.', '1bibarb'], ['u/Pigmentia', 11, '2024-03-19 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkxqa5/', "The next meme to surface is:\n\nThe halving has been overhyped and will have less of an effect than everyone thinks.\n\nFrankly, it's true. So there's your doomium for the next few weeks as we flounder for a while.\n\nWelcome to the show, noobs.", '1bibarb'], ['u/konote', 21, '2024-03-19 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkyu8i/', 'A pullback for not even 7 days after 5-6 months of relentless up and the community is floundering to say “local top” when we are literally around previous ATH. \n\nThis is not even a real pullback of 30%.', '1bibarb'], ['u/Shibenaut', 15, '2024-03-19 15:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl1i2k/', 'Never been so comfortable buying at these prices.\n\nZoom out to the 1W charts. These red candles barely register as a dump. Just oscillations in an upward trend', '1bibarb'], ['u/demodoggy', 10, '2024-03-19 15:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl1zsd/', "What is this, a dip for Godzilla? ;)\n\nI'm buying here.", '1bibarb'], ['u/drunkdoor', 13, '2024-03-19 15:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl435r/', "My quite large 62.8 that i completely forgot about was filled overnight and i feel terrible about it. LOL. It's a neat little self-reflection period about how emotions can change so quickly", '1bibarb'], ['u/Odd_Occasion_563', 11, '2024-03-19 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl6c1s/', 'Ya, it really can swing back and forth. I bet a bunch of people who had buys fill at 39k post etf were initially like “fuck, I bought on the way down, we are heading to 25” and then a month later fucking ecstatic that they got the magic entry point.', '1bibarb'], ['u/mrlegday', 34, '2024-03-19 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl70jk/', "Fresh from ZH:\n\n[And sure enough, overnight we saw Japan's Government Pension Investment Fund (GPIF),](https://bitcoinmagazine.com/business/japans-government-pension-investment-fund-bitcoin)\xa0the world's largest pension fund managing over $1.5 trilli... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "The United States Securities and Exchange Commission (SEC) has decided to delay its ruling on the proposed spot Ether exchange-traded funds (ETFs) by Hashdex and ARK 21Shares. The SEC'sannouncement, which came on March 19, revealed that the final decision for both Ether ETF applications will be made in late May.\nMarket analysts are expressing doubt about the approval prospects for the eight Ether ETFs currently under consideration. Notably, analysts such as James Seyffart, an ETF analyst at Bloomberg, have become increasingly skeptical due to the lack of communication between the SEC and the issuers. Seyffartadmitteda shift in his outlook and now believes that the ETFs will likely be denied on May 23.\nEric Balchunas, another ETF analyst at Bloomberg, has also revised his Ether ETF approval odds from 50% to 35%. Balchunas noted that the SEC's handling of the Ether ETFs contrasts sharply with its approach to Bitcoin ETFs, as the agency has remained largely silent throughout the process.\nWhile the ETF approval hangs in the balance, Grayscale, the asset management firm, has joined the ranks of issuers considering the inclusion of staking in its spot Ether ETF application. In astatementsent to Grayscale Ethereum Trust investors, the company outlined several proposals, including the option to stake Ether held by the trust. This move aims to counter inflationary pressures resulting from Ethereum's proof-of-stake protocol and align with other investment products offering similar staking opportunities. The proposals will be subject to a vote, requiring consent from over 50% of shares.", '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Negative BTC ETF inflows (careful, data is T+1). #4 Solana shitcoin mania (it went too far),”Kruger said on X.\nEther {{ETH}}, the second-largest cryptocurrency by market value, peaked at around $4,000 following last week’sDencun upgradeand has since declined to $3,130. One reason for the slide has been thedwindling probabilityof the U.S. SEC greenlighting an ether spot ETF by May.\nBesides, the crypto market looked overheated early this month, with long traders paying annualized funding of over 100% to keep their bullish perpetual futures bets open. Such a one-sided buildup of leverage on the bullish side often presages price corrections.\nInvestors will now closely watch Wednesday’s Federal Reserve rate decision, which Chairman Jerome Powell’s press conference will follow.\n“This upcoming week, we will have the Fed rate decision followed by Powell’s press conference. This will give us more insight into whether the Fed is still seeing rate cuts on the horizon this year. The strong economy and higher than anticipated inflation continue to be reasons for the Fed to remain hawkish without much push-back," Greg Magadini, director of derivatives at Amberdata, said.\nBoth the dollar index and the U.S. Treasury yields have recently moved higher on the back of sticky consumer price and producer price indices, denting the appeal of risk assets, including emerging technologies like cryptocurrencies.', '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Negative BTC ETF inflows (careful, data is T+1). #4 Solana shitcoin mania (it went too far),”Kruger said on X.\nEther {{ETH}}, the second-largest cryptocurrency by market value, peaked at around $4,000 following last week’sDencun upgradeand has since declined to $3,130. One reason for the slide has been thedwindling probabilityof the U.S. SEC greenlighting an ether spot ETF by May.\nBesides, the crypto market looked overheated early this month, with long traders paying annualized funding of over 100% to keep their bullish perpetual futures bets open. Such a one-sided buildup of leverage on the bullish side often presages price corrections.\nInvestors will now closely watch Wednesday’s Federal Reserve rate decision, which Chairman Jerome Powell’s press conference will follow.\n“This upcoming week, we will have the Fed rate decision followed by Powell’s press conference. This will give us more insight into whether the Fed is still seeing rate cuts on the horizon this year. The strong economy and higher than anticipated inflation continue to be reasons for the Fed to remain hawkish without much push-back," Greg Magadini, director of derivatives at Amberdata, said.\nBoth the dollar index and the U.S. Treasury yields have recently moved higher on the back of sticky consumer price and producer price indices, denting the appeal of risk assets, including emerging technologies like cryptocurrencies.', "SINGAPORE,March 20, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 20, 2024.\nMerlin Chain Now Supported on OKX DEX Aggregator, Expanding Trading OptionsOKXDEX, a multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, has added support forMerlin Chain. This integration enables users to trade assets and perform cross-chain transactions on the Merlin Chain through OKX DEX.OKX also recently announced that it is thefirst major industry playerto fully integrateUniswap Labs' trading APIs into its offerings. The integration includes the launch of the 'Snap' trading mode feature onOKX DEX to aggregate Uniswap's industry-leading liquidity, enabling users to swap tokens onEthereumquickly and intuitively without incurring any gas fees.Merlin Chain is a leading Layer 2 network in theBitcoinecosystem that has implemented ZK-Rollup and has been utilizing fair launches and community-driven native innovations. OnFebruary 22, OKX announced that its Web3 Wallet has integrated with Merlin Chain, enabling users to access its advanced blockchain ecosystem via web extension.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-merlin-chain-now-supported-on-okx-dex-aggregator-expanding-trading-options-302094216.html\nSOURCE OKX", 'SINGAPOREandNEW YORK,March 20, 2024/PRNewswire/ -- UP\xa0Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year endedDecember 31, 2023. In the fourth quarter, the Company achieved a revenue ofUS$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year toUS$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in anon-cashforeign exchange loss of overUS$7 million, the non-GAAP net income for the quarter amounted toUS$1.1 million. For the entire year, the non-GAAP net income totaledUS$42.7 million, which is 3.4 times that of 2022.\nDuring the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company\'s total trading volume reached$81.8 billionduring the period. With a strong brand presence inSoutheast Asiaand an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted toUS$8.2 billionduring the quarter, maintaining robust momentum. This drove a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reachingUS$30.6 billion. The retention rate of funded clients remained consistently high at 98%.\nOver 75% of Total Client Assets Came from Clients in Markets such asSingaporeand the US\nSingapore Accounts for the Highest Proportion of Total Funded Clients\nMr. Wu Tianhua, Founder and CEO of UP Fintech, commented, "Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland andHong Kong, including regions such asSingapore,Australia,New Zealand, and the US.Singapore\'srole as our group\'s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients fromSingaporehas consistently been the highest. Currently,Singaporeclients represent the largest share of our group\'s total funded clients, with over half of our monthly trading clients hailing from theSingaporemarket, making it the most active region among all markets. "\n"In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share inSingapore,Australia,New Zealand, andHong Kongto emerge as a world-leading fintech brokerage. On the brokerage front, we\'ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong\'s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency."\nSingapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ\nHong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023\'s First Three Quarters Combined\nIn 2023, UP Fintech\'s global presence grew steadily. Benefiting from the extensive reputation built in theSingaporemarket, new funded client inSingaporeand surrounding areas surged by 70.2% quarter-on-quarter. InSingapore, the average net asset inflow per new funded client reached overUS$16,000during the period, marking a historic high. Tiger Trade remains a top choice forSingaporeresidents, with approximately one in three using the platform. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of localSingaporestocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the "Best Retail Broker" award by the Singapore Securities Investors Association.\nIn addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities inSingapore. Addressing the industry\'s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. "Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector." said Wu Tianhua.\nIn theHong Kongmarket, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature inHong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on theShanghaiandShenzhenstock exchanges. Additionally, the Company launched the "Fixed Income" section, offering selected bond funds to assistHong Kongclients in positioning themselves early for potential interest rate cuts. ByDecember 2023, trading orders from the Company\'sHong Kongusers had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company\'s product and service strength, evident from awards such as the "Top Two Futures Brokers" from SGX and the "Innovative Broker" and "Broker Program Key Partner" awards from the CME.\nInAustralia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. InNew Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store.\nWealth management AUM grew by over 400% YoY\nFCN introduced to meet professional investor needs\nIn the fourth quarter, commission income reachedUS$22 millionand interest-related income climbed toUS$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company\'s commission income totaledUS$92.6 million. Interest-related income amounted toUS$161.5 million, with a year-over-year growth of approximately 73.5%.\nDuring this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter.\n"Trade Feed," formerly known as "Trading Sparks," has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers\' trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.\nThe wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business\'s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.\nDuring the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to$1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped "Wealth" center now offering comprehensive displays of the company\'s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger\'s wealth management services. Tiger Vault has also become a popular choice for managing idle funds amongHong Kongclients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.\nOver 500 ESOP clients served\nLeading underwriting business with 150+ HK and U.S. IPOs\nDuring the reporting period, UP Fintech\'s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted toUS$4.9 million. In 2023, other revenues wereUS$18.4 millionin total.\nIn the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity*. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings inHong Kongand the US, leading the industry in both quantity and recognition.\nOn the ESOP front, the Company\'s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a "consulting + SaaS" service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares,Hong Kongshares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.\nIn the enterprise account segment, the company\'s total number of clients has increased to 420, with over 15% of clients having a market value exceedingHK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.\n[{"Based on the 2023 Singapore resident population": "*Data as of 2/22/2024, sourced from app.diandian."}, {"Based on the 2023 Singapore resident population": "**Data derived from publicly available and trackable projects."}]\nAbout UP\xa0Fintech\nUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage firm with a focus on redefining global investing with technologies for the next generation.\nFounded in 2014, the Company relentlessly offers a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.\nUP Fintech strives to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds in tech, we develop our own technology infrastructure — an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.\nInMarch 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 10 million users and more than 2 million account holders worldwide on our flagship platform "Tiger Trade", own 77 licenses and qualifications in different markets, and have over 1,000 employees on the team inSingapore,New Zealand, the US, Hong Kong SAR,Australia, and Mainland China.\nFor more information about UP Fintech as a Company, please visititigerup.com.\nFor media inquiries, please [email protected]\nSafe Harbor Statement\nThis announcement contains forward−looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as "may," "might," "aim," "likely to," "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company\'s strategic and operational plans, and expectations regarding growth, expansion of its business lines and customer acquisition, and the Company\'s plans for future financing of its business, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company\'s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company\'s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company\'s revenues and certain cost or expense accounting policies; and governmental policies and regulations affecting the Company\'s industry and general economic conditions inChina,Singaporeand other countries. Further information regarding these and other risks is included in the Company\'s filings with the SEC, including the Company\'s annual report on Form 20-F filed with the SEC onApril 26, 2023. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company\'s filings with the SEC.\nView original content:https://www.prnewswire.com/news-releases/up-fintech-client-assets-hit-record-high-over-75-from-clients-in-markets-such-as-sg-2023-net-income-surged-by-237-302094234.html\nSOURCE UP Fintech Holding Limited', 'Many of the market\'s top cryptocurrencies surged over the past 12 months.Bitcoin\'s(CRYPTO: BTC)price rose more than 180% as the first spot price exchange-traded funds (ETFs) were approved and investors looked toward the next "halving" which will cut the rewards for Bitcoin mining in half this April.Ethereum\'s(CRYPTO: ETH)price has also jumped nearly 130% as the Ethereum Network\'s big Dencun upgrade and hopes for fresh ETF approvals brought back the bulls.\nExpectations for stable or lower interest rates also drove more investors back toward cryptocurrencies. That shift mightherald the endof the "crypto winter" that started in 2022, but cryptocurrencies are still riskier than most tech stocks -- since they\'re only trading on supply and demand instead of the growth of an underlying business.\nSo if you\'re looking for growth but can\'t stomach the crypto market\'s wild swings, you can buy some high-growth tech stocks, which might still have more upside potential than the top cryptocurrencies. I believeNvidia(NASDAQ: NVDA),Super Micro Computer(NASDAQ: SMCI), andASML(NASDAQ: ASML)check all the right boxes. Let\'s find out a bit more about these three tech stocks with so much potential.\nNvidia became the world\'s third-most-valuable company in early March. Its market cap hit $2.2 trillion as the explosive growth of the artificial intelligence (AI) market drove more companies to purchase its data center GPUs to process their AI tasks.\nNvidia generated 78% of its revenue from its data center GPUs in fiscal 2024 (which ended this January), which greatly reduced its dependence on gaming and professional visualization GPUs for the PC market. The expansion of that business was driven by the soaring popularity of generative AI platforms like OpenAI\'s ChatGPT.\nNvidia\'s revenue and adjusted earnings per share (EPS) soared 126% and 288%, respectively, in fiscal 2024 as the AI market grew. Analysts expect its revenue and adjusted EPS to soar another 81% and 89%, respectively, in fiscal 2025. Based on those bullish expectations, Nvidia\'s stock doesn\'t seem expensive at 36 times forward earnings.\nSupermicro (as the company is better known) produces high-performance servers for data centers. It controls a smaller slice of the enterprise server market thanHewlett Packard EnterpriseandDell, but its close relationship with Nvidia grants it access to the chipmaker\'s top-tier data center GPUs before its larger competitors.\nThe partnership enabled Supermicro to carve out a niche in the rapidly growing market for dedicated AI servers. That\'s why its revenue and adjusted EPS rose 37% and 109%, respectively, in fiscal 2023 (which ended last June). Analysts expect its revenue and adjusted EPS to rise another 104% and 86%, respectively, in fiscal 2024.\nThose are astounding growth rates for a stock that trades at 34 times forward earnings. It\'s also been developing AI servers that useAdvanced Micro Devices\' new AI-oriented GPUs -- and that shift should reduce its long-term dependence on Nvidia.\nASML is the world\'s largest producer of lithography systems for optically etching circuit patterns onto silicon wafers. It\'s also the only manufacturer of extreme ultraviolet (EUV) lithography systems -- which leading foundries likeTaiwan Semiconductor Manufacturinguse to manufacture their smallest, densest, and most power-efficient chips.\nLike many other chipmakers, Nvidia outsources its manufacturing to TSMC -- but TSMC can\'t produce those high-end chips without ASML\'s machines. That\'s why ASML is an indispensable linchpin of the global semiconductor industry. That reputation, along with its lack of meaningful competitors, gives it unmatched pricing power.\nASML\'s revenue and EPS rose 30% and 41%, respectively, in 2023. But in 2024, analysts expect its revenue to rise less than 1% as its EPS dips 4%. That slowdown will be caused by tighter export curbs on its shipments to Chinese chipmakers and the excess inventory of chips in the PC and smartphone markets. However, it expects its growth to accelerate again in 2025 as it overcomes those challenges -- so I believe its stock deserves its higher valuation at 43 times forward earnings.\nShould you invest $1,000 in Nvidia right now?\nBefore you buy stock in Nvidia, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 18, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, Bitcoin, Ethereum, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has adisclosure policy.\n3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'In 2023,Bitcoin(CRYPTO: BTC)mining stocks were some of the best investments that you could make. Fueled by a skyrocketing price for the cryptocurrency, the largest miners -- such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA)-- recorded triple-digit percentage gains. The higher Bitcoin\'s price went, the more money these miners made, and the more attractive they became as investments.\nSo, with the crypto rallying yet again this year, areBitcoin mining stocksstill a buy? To answer that question, it\'s important to take into account two huge catalysts that did not exist last year: the launch of the new spot Bitcoin exchange-traded funds (ETFs), and the Bitcoin halving event in April. Let\'s look at both.\nIn the first two months of 2024, the launch of the new spot Bitcoin ETFs added fuel to the Bitcoin rally, making every company in the crypto\'s ecosystem more attractive. If the price of the digital coin is booming, then it makes sense to load up on companies that are highly leveraged to that price.\nThat logic largely explains why mining stocks performed so well during February. For the month, Riot Platforms rose 30%, Marathon Digital was up 46%, andCleanSpark(NASDAQ: CLSK)was up 108%. According to the investment firm Bernstein, mining stocks are still the single best way to play the crypto rally.\nBut is this momentum really sustainable for the rest of the year? Last year, investors didn\'t have the spot Bitcoin ETFs, and thus they did not have a direct way to invest without dipping their toes into the crypto market.\nSo instead, they found proxy stocks -- companies that mirror the price of Bitcoin due to its importance in their core business model. They absolutely loved the idea of investing in Bitcoin miners, which make money literally by creating new bitcoins.\nFrom my perspective, this proxy-stock effect is going to wear off in 2024, as more and more investors deploy their money into the spot Bitcoin ETFs instead. This is what we are already starting to see. After a strong February, the past 30 days have been absolutely disastrous. In that time period, Riot Platforms is down about 30%, Marathon Digital is down 25% and CleanSpark has fallen 8%.\nAs long as the ETFs continue to set a torrid pace in terms of new investor inflows, that\'s bad news for Bitcoin proxy stocks.\nThe other big catalyst is the halving event, now scheduled on or about April 20. The rewards paid out to miners for adding a new block to the Bitcoin blockchain will be slashed in half.\nThat\'s obviously bad news for miners, which make nearly all of their money from mining and selling new bitcoins. Unless Bitcoin\'s price doubles, then they stand to either have lower profit or lose money this year. The supply reduction is controlled by the crypto\'s algorithm, and there\'s nothing the miners can do about it.\nFor that reason, there is growing concern that there will be a wrenching shakeout in the mining industry, where only the strong will survive. There are enormous fixed costs in running mining operations, so the emphasis will be on finding the leanest, most efficient miners that can squeeze the most performance out of their Bitcoin mining rigs.\nOne miner that seems to have the best chance of emerging unscathed from the halving is Riot Platforms, which is known for running a lean ship and carrying no debt on its balance sheet.\nAnd don\'t forget about CleanSpark, a much smaller mining operation that focuses on using clean energy to mine Bitcoin. For the year, CleanSpark is up more than 50%. During that fabulous February, whenall Bitcoin mining stocks were up, CleanSpark was up an impressive 108%.\nAs a result, CleanSpark is one of the companies recommended by Bernstein as part of its "buy Bitcoin mining stocks" strategy for 2024.\nWhile I can understand the temptation to double-down on the most successful mining stocks, the halving is a particularly precarious time for miners. It directly affects how much money they can make. So, even if you\'re investing in the leanest, meanest mining operation with the cleanest energy possible, you\'re still facing enormous headwinds for the rest of 2024.\nFor that reason, I can\'t recommend mining stocks at this time. The new Bitcoin ETFs have made these stocks much less attractive as a proxy play. And next month\'s halving is almost certain to lead to a shakeout of the top players, with uncertain consequences for even the best-run mining companies.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 18, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nAhead of the Bitcoin Halving, Are Bitcoin Mining Stocks a Buy?was originally published by The Motley Fool', 'In 2023,Bitcoin(CRYPTO: BTC)mining stocks were some of the best investments that you could make. Fueled by a skyrocketing price for the cryptocurrency, the largest miners -- such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA)-- recorded triple-digit percentage gains. The higher Bitcoin\'s price went, the more money these miners made, and the more attractive they became as investments.\nSo, with the crypto rallying yet again this year, areBitcoin mining stocksstill a buy? To answer that question, it\'s important to take into account two huge catalysts that did not exist last year: the launch of the new spot Bitcoin exchange-traded funds (ETFs), and the Bitcoin halving event in April. Let\'s look at both.\nIn the first two months of 2024, the launch of the new spot Bitcoin ETFs added fuel to the Bitcoin rally, making every company in the crypto\'s ecosystem more attractive. If the price of the digital coin is booming, then it makes sense to load up on companies that are highly leveraged to that price.\nThat logic largely explains why mining stocks performed so well during February. For the month, Riot Platforms rose 30%, Marathon Digital was up 46%, andCleanSpark(NASDAQ: CLSK)was up 108%. According to the investment firm Bernstein, mining stocks are still the single best way to play the crypto rally.\nBut is this momentum really sustainable for the rest of the year? Last year, investors didn\'t have the spot Bitcoin ETFs, and thus they did not have a direct way to invest without dipping their toes into the crypto market.\nSo instead, they found proxy stocks -- companies that mirror the price of Bitcoin due to its importance in their core business model. They absolutely loved the idea of investing in Bitcoin miners, which make money literally by creating new bitcoins.\nFrom my perspective, this proxy-stock effect is going to wear off in 2024, as more and more investors deploy their money into the spot Bitcoin ETFs instead. This is what we are already starting to see. After a strong February, the past 30 days have been absolutely disastrous. In that time period, Riot Platforms is down about 30%, Marathon Digital is down 25% and CleanSpark has fallen 8%.\nAs long as the ETFs continue to set a torrid pace in terms of new investor inflows, that\'s bad news for Bitcoin proxy stocks.\nThe other big catalyst is the halving event, now scheduled on or about April 20. The rewards paid out to miners for adding a new block to the Bitcoin blockchain will be slashed in half.\nThat\'s obviously bad news for miners, which make nearly all of their money from mining and selling new bitcoins. Unless Bitcoin\'s price doubles, then they stand to either have lower profit or lose money this year. The supply reduction is controlled by the crypto\'s algorithm, and there\'s nothing the miners can do about it.\nFor that reason, there is growing concern that there will be a wrenching shakeout in the mining industry, where only the strong will survive. There are enormous fixed costs in running mining operations, so the emphasis will be on finding the leanest, most efficient miners that can squeeze the most performance out of their Bitcoin mining rigs.\nOne miner that seems to have the best chance of emerging unscathed from the halving is Riot Platforms, which is known for running a lean ship and carrying no debt on its balance sheet.\nAnd don\'t forget about CleanSpark, a much smaller mining operation that focuses on using clean energy to mine Bitcoin. For the year, CleanSpark is up more than 50%. During that fabulous February, whenall Bitcoin mining stocks were up, CleanSpark was up an impressive 108%.\nAs a result, CleanSpark is one of the companies recommended by Bernstein as part of its "buy Bitcoin mining stocks" strategy for 2024.\nWhile I can understand the temptation to double-down on the most successful mining stocks, the halving is a particularly precari Last 60 Days of Bitcoin's Closing Prices:* [41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-20 Financial & Commodity Data: - Gold Closing Price: $2157.90 - Crude Oil Closing Price: $81.68 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,251,673,324,062 - Hash Rate: 621787936.4644464 - Transaction Count: 361515.0 - Unique Addresses: 639266.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WhileBitcoin(CRYPTO: BTC)started the crypto movement, the arrival ofEthereum(CRYPTO: ETH)altered the trajectory of the asset class forever. As the first programmable blockchain, Ethereum'ssmart contractsmeant developers could build applications like decentralized exchanges, non-fungible tokens (NFTs), stablecoins, and much more. Collectively grouped as decentralized finance (DeFi), Ethereum's novel functionality helped it grow by more than 80,000% from 2016 to 2017 and set the stage for the next chapter in crypto's evolution. But now things are coming full circle. While Bitcoin doesn't inherently possess the infrastructure to support true smart contract capabilities, advances in technology are giving the original cryptocurrency a chance at DeFi. If you missed out on Ethereum's rise, you won't want to miss out on this Bitcoin-centric blockchain leading the new era of finance --Stacks(CRYPTO: STX). Known as a Layer 2 blockchain, Stacks has a symbiotic relationship with Bitcoin. It uses a proof of transfer consensus mechanism which is powered by Bitcoin miners. These miners form the foundation of Stacks's intricate and deep-rooted relationship with Bitcoin. Stacks's Bitcoin-interdependence is deserving of its own analysis. It can be a little complex and might be best saved for another day. Of more importance, though, is the true power Stacks brings to the table -- smart contracts. With Stacks, developers can build decentralized applications just like on Ethereum, but because of the layered configuration, transactions reach finality on Bitcoin. Due to this relationship, the security of Stacks essentially becomes backed by Bitcoin's unparalleled security. Not to mention, Stacks also provides faster speeds and lower fees, two known pinch points of Bitcoin. As it currently stands, Stacks provides a new way to leverage Bitcoin, but it doesn't do so in true Bitcoin fashion. Today, users still pay for transactions with the STX token and don't have the ability to natively use Bitcoin in DeFi. However, this is on the verge of changing. In summer 2024, Stacks plans to launch sBTC, a two-way pegged token that unlocks Bitcoin's true DeFi capabilities. With sBTC, Bitcoin holders will be able to exchange their BTC for sBTC, and then use that sBTC to participate in the DeFi economy. Furthermore, since sBTC tracks Bitcoin's price, users can redeem the token for their original BTC holdings without any price slippage. Unlike existing Bitcoin-equivalent tokens, the sBTC conversion process is conducted in a decentralized fashion through the use of smart contracts and multisig wallets, which have a higher level of security. By effectively minimizing counterparty risk, not only does Stacks give Bitcoin a much needed DeFi makeover, but it does so without making any compromises to itsdecentralization and security. To quantify just how momentous all this is, take a look atWrapped BTC(CRYPTO: WBTC), a token that tracks Bitcoin's price but that is hosted on Ethereum. By exchanging Bitcoin holdings for Wrapped Bitcoin, users can engage in the various DeFi protocols that Ethereum is so popular for and then later redeem their original Bitcoin. This process is very similar to what sBTC will accomplish, but with two major differences. First, Wrapped Bitcoin introduces counterparty risk, as it relies on a centralized intermediary to facilitate conversions. Second, the token operates on Ethereum and therefore has no synchronicity with Bitcoin's blockchain. Even with these lapses in functionality, there is considerable demand among investors to use the Bitcoin equivalent in the DeFi economy. Look no further than Wrapped BTC's market cap as evidence. Worth more than $6 billion, Wrapped BTC is the 17th most valuable cryptocurrency on the market today. If Stacks were to replace Wrapped BTC's role, it could see its $2 billion market cap rise more than three-fold. Comparing Stacks to Wrapped Bitcoin is likely underselling Stacks's potential. Bitcoin is the most prominent cryptocurrency, and interest in using it for more than just sending or storing value is growing. Take the surge of Ordinals, for example. This innovative solution was launched in early 2023 and essentially allowed for the creation of Bitcoin-based NFTs. In 2023 alone, 1.6 million Ordinals were bought, generating more than $1.8 billion in total sales. Quantifying Stacks's true potential can be difficult. But famed venture capitalist, billionaire, and crypto enthusiast Tim Draper might have summed it up best in a December 2023 interview. In his appearance on CoinBureau, Draper compared Bitcoin toMicrosoft, the foundational operating system of a computer, and Stacks as the development layer, where popular applications like Word, PowerPoint, and Excel can be built and used. Projecting just how high Stacks could go is inherently speculative, but if just a fraction of Bitcoin's roughly $850 billion market cap made its way to Stacks, a scenario reminiscent of Ethereum's early and explosive days could form. Bitcoin's DeFi era is only in its beginning stages, and Stacks is perfectly positioned to benefit. Should you invest $1,000 in Stacks right now? Before you buy stock in Stacks, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Stacks wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of January 29, 2024 RJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool has adisclosure policy. Missed Out On Ethereum? Buy This Crypto Nowwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks surged on Wednesday as the Fed affirmed its outlook for three rate cuts later this year.\n• Major indexes rose, with the S&P 500 surpassing 5,200 for the first time ever.\n• Investors are ramping up bets that the Fed could issue its first rate cut by June.\nUS stocks surged on Wednesday, with the S&P 500 notching a fresh record as investors took in the Federal Reserve\'s latest policy guidance on rate cuts to come this year.\nThe S&P 500 closed above 5,200 for the first time and the Dow Jones Industrial Average soared almost 400 points to notch a new all-time high. The Nasdaq Composite ended more than 1% higher.\nFed officials kept interest rates steady at 5.25%-5.5%, as markets had been broadly anticipating.\nOfficials also reiterated guidance via the dot plot that three 25 basis-point rate cuts could come later in 2024, assuming inflation continues its downward path.\n"We are strongly committed to returning inflation to our 2% objective," Fed Chair Jerome Powell said in prepared remarks Wednesday afternoon. "As labor market tightness has eased and progress on inflation has continued, the risk to achieving our employment and inflation goals are coming into better balance," he later added.\nInvestorsramped up their betsfollowing the meeting that the Fed could issue the first rate cut by mid-year. Markets are now pricing in a 73% chance the Fed could cut rates at least once by the end of June, according to theCME FedWatch tool.\n"The FOMC has stuck to its view that the underlying inflation picture is improving, notwithstanding the disappointing numbers in the past two months," Ian Shepherdson, the chief economist of Pantheon Macroeconomics, said in a note on Wednesday. "We are encouraged by policymakers\' decision to stick with three rate cuts this year and to forecast a markedly slower run rate in core inflation across the remainder of the year."\n"The immediate market reaction is the relief we were expecting," Bryce Doty, the vice president of Sit Investments Associates, added in a note. "It\'s good to see the Fed understands it can cut rates while still being tough on inflation given that the real fed fund rate will still be considered very restrictive."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,224.62, up 0.89%\n• Dow Jones Industrial Average: 39,512.13, up 1.03% (+401.37 points)\n• Nasdaq Composite: 16,369.41, up 1.25%\nHere\'s what else happened today:\n• The US has an 85% chance of avoiding a recessionin the next year, according to Goldman Sachs\' chief economist.\n• A sharp rise in immigrationexplains why the labor market is so loose and the housing market is so tight, JPMorgan said.\n• The mortgage rate "lock-in effect" could worsen wealth inequalityand last for years, government researchers say.\n• Redditors say they\'re not interested in Reddit\'s up-to-$748 million IPO.\n• Here arefour possible November election outcomes-- and how they will impact stocks, according to UBS.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dipped 1.95% to $81.84 a barrel.Brent crude, the international benchmark, dropped 1.4% to $86.15 a barrel.\n• Goldtraded about flat at $2,158.66 per ounce.\n• The 10-year Treasury yield fell one basis point to 4.281%.\n• Bitcoinrose 0.59% to $64,331.\nRead the original article onBusiness Insider', "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", 'Blockchain analysts discovered one of BlackRock’swalletsafter a deposit of $100 million inUSD Coin (USDC)on the Ethereum blockchain, coinciding with thefirm\'s filing to offer the BlackRock USD Institutional Digital Liquidity Fundin partnership with asset tokenization firm Securitize.\nThis led to crypto users sending approximately 40 different coins and 25 NFTs to the wallet associated with BlackRock. Notably, the wallet also received 500,000unshETHing_Token (USH)and 10,000Realio Network (RIO)tokens, which hold respective values of $13,400 and $12,300. The asset manager\'s wallet also received significant amounts ofMog Coin (Mog)and notable NFTs like Chungos and KaijuKingz. The wallet now holds at least $40,000 worth of memecoins and non-fungible tokens (NFTs).\nThe BlackRock wallet initially made a $200 USDC deposit on March 5, followed by a $10 test deposit on March 15. Shortly after, a deposit of $99,999,960 was recorded. BlackRock\'s CEO, Larry Fink, has undergone a notable shift in his stance on Bitcoin and the blockchain industry. Previously, he referred to Bitcoin as an "index of money laundering" in 2017. However,Fink recently expressed his belief that the future involves the tokenization of all financial assetson a single general ledger.\nThe BlackRock USD Institutional Digital Liquidity Fund, tickered as "BUIDL," will enable eligible investors to earn U.S. dollar yields by subscribing to the fund through Securitize Markets, LLC.', "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Coinbase Derivatives, a popular cryptocurrency exchange, announced its plans to introduce futures trading forDogecoin,LitecoinandBitcoin Cashon April 1. On March 7, Coinbase submitted three separate letters to the Commodities Futures Trading Commission (CFTC) outlining its proposal for monthly cash-settled futures contracts forDogecoin,Litecoin, andBitcoin Cash.\nThe letters, addressed to CFTC Secretary Christopher Kirkpatrick, provided detailed information regarding the contracts' sizes, settlement methods, and structure. Coinbase intends to utilize the self-certification route under CFTC Regulation 40.2(a) to list these futures contracts, allowing them to proceed without direct approval from the CFTC as long as they comply with the Commodity Exchange Act and CFTC regulations.\nThe classification of these cryptocurrencies as commodities raises intriguing regulatory questions since they all derive from Bitcoin, which the Securities and Exchange Commission (SEC) recognizes as a commodity.\nJames Seyffart, an ETF research analyst at Bloomberg Intelligence, shared on X, suggesting that Coinbase’s selection of these 3 crypto assets for futures trading could be strategic, given that they are derived from Bitcoin, which the SEC already view as a commodity and not a security.", '• The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst.\n• An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000.\nSpeculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top.\nHowever, tracking signs of speculative frenzy in the bitcoin {{BTC}} market requires access to and understanding of sophisticated indicators likeperpetual funding ratesandsocial trends. But there is another surprisingly more straightforward way: tracking the spread or difference between prices for next-month and front-month futures contracts trading on major exchanges like the Chicago Mercantile Exchange and Deribit.\nThe “front-month contract” has an expiration date closest to the current date. The contract expiring in two months is called the next-month contract.\nThe futures term structure is usually upward sloping, as contracts with a more extended expiry time trade at a premium to short-duration ones. That said, when the spread becomes too large, it’s a good indicator of speculative sentiment, according to Griffin Ardern, head of options trading and research at crypto financial platform BloFin.\n“Usually, when the spread between the next months and the front months is large, investors’ speculation sentiment is high, and they are willing to pay higher costs to hold long positions,” Ardern told CoinDesk. “You can find clues into Deribit’s term structure.”\nThe same applies to CME’s standard futures contracts, sized at 5 BTC and considered a proxy for institutional activity.\nThe spread between the CME-listed next- and front-month contracts widened beyond $1,000 in late February 2021 and mid-October 2021, signaling speculative frenzy and presaging bull market peaks by a few weeks. In other words, the wider spread was a sign the bull market was in its final stages.\nWe saw a similar spike above $1,000 early this month, indicating caution to bitcoin bulls. As the saying goes, once is an accident, twice is a coincidence, and three times is a pattern.\nBitcoin changed hands at $$67,290 at press time, up 10% from lows under $61,000 reached Wednesday,according to CoinDesk data. The cryptocurrency hit a record high of $73,798 on March 14.', '• The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst.\n• An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000.\nSpeculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top.\nHowever, tracking signs of speculative frenzy in the bitcoin {{BTC}} market requires access to and understanding of sophisticated indicators likeperpetual funding ratesandsocial trends. But there is another surprisingly more straightforward way: tracking the spread or difference between prices for next-month and front-month futures contracts trading on major exchanges like the Chicago Mercantile Exchange and Deribit.\nThe “front-month contract” has an expiration date closest to the current date. The contract expiring in two months is called the next-month contract.\nThe futures term structure is usually upward sloping, as contracts with a more extended expiry time trade at a premium to short-duration ones. That said, when the spread becomes too large, it’s a good indicator of speculative sentiment, according to Griffin Ardern, head of options trading and research at crypto financial platform BloFin.\n“Usually, when the spread between the next months and the front months is large, investors’ speculation sentiment is high, and they are willing to pay higher costs to hold long positions,” Ardern told CoinDesk. “You can find clues into Deribit’s term structure.”\nThe same applies to CME’s standard futures contracts, sized at 5 BTC and considered a proxy for institutional activity.\nThe spread between the CME-listed next- and front-month contracts widened beyond $1,000 in late February 2021 and mid-October 2021, signaling speculative frenzy and presaging bull market peaks by a few weeks. In other words, the wider spread was a sign the bull market was in its final stages.\nWe saw a similar spike above $1,000 early this month, indicating caution to bitcoin bulls. As the saying goes, once is an accident, twice is a coincidence, and three times is a pattern.\nBitcoin changed hands at $$67,290 at press time, up 10% from lows under $61,000 reached Wednesday,according to CoinDesk data. The cryptocurrency hit a record high of $73,798 on March 14.', 'Bitcoin has rebounded above $67,000 (£524,900) on Thursday morning. The rise comes after US Federal Reservedecision to hold interest ratesat their current levels, as announced in a Federal Open Market Committee(FOMC) statementon Wednesday.\nThe FOMCdecidedto keep the benchmark federal funds rate within the range of 5.25% to 5.50%.\nRead more:Crypto live prices\nThe Federal Reserve chair Jerome Powell said the US central bank expects to make rate cuts "at some point this year." He stressed that inflation has eased substantially but is still too high, and the Fed will need to adjust their monetary policy approach meeting by meeting as it monitors inflation.\nFollowing the FOMC meeting, bitcoin (BTC-USD) increased by over 7% in the past 24 hours, reaching a daily high of $67,700. The uptick follows a downturn in early trading on Wednesday, reaching a low of about $61,500.\nThe world\'s largest digital asset by market cap is still down from reaching an all-time high of above $73,000 one week ago.\nLast Thursday, bitcoin hit record high $73,580, according to CoinGeckodata, its price bolstered by increased inflows from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN), via spot bitcoin exchange-traded funds (ETFs).\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nBitcoin\'s price has gained 30% in the past month alone, a price appreciation that has been driven by record inflows into multiple US-based spot bitcoin ETFs which were approved in January of this year.\nA spot bitcoin ETF is a financial product that many investors see as opening the gateway for mainstream capital to flood thecryptomarket.\nAccording to Oppenheimer Executive Director Owen Lau there are multiple reasons to remain optimism for bitcoin\'s prospects in the long term.\n"Over the long term, we are still optimistic because of a couple reasons. Number one, we still see further adoption for spot bitcoin ETF. We are just still in the early innings. Remember, bitcoin is a global phenomenon. So I think BlackRock listed in US and they just listed IBIT, their spot bitcoin ETF in Brazil. So you can tell many of these asset managers can list this product overseas. You can also buy bitcoin in Asia, in Singapore and also in Europe," Lau toldYahoo Finance.\nRead more:Long-term bitcoin optimism still warranted: Analyst\nTraditional markets also experienced gains following the Federal Reserve\'s statement. The S&P 500 index surged by 1.2% to close at 4,839.8, reaching a new all-time high and surpassing the previous record set in January 2022, while the Nasdaq-100 recorded a gain of 1.3%.\nAdditionally, the US dollar index (DXY), which gauges the dollar\'s strength against other major currencies, decreased by nearly 0.7% from its session peak, indicating heightened investor risk appetite.\nWatch: Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin has rebounded above $67,000 (£524,900) on Thursday morning. The rise comes after US Federal Reservedecision to hold interest ratesat their current levels, as announced in a Federal Open Market Committee(FOMC) statementon Wednesday.\nThe FOMCdecidedto keep the benchmark federal funds rate within the range of 5.25% to 5.50%.\nRead more:Crypto live prices\nThe Federal Reserve chair Jerome Powell said the US central bank expects to make rate cuts "at some point this year." He stressed that inflation has eased substantially but is still too high, and the Fed will need to adjust their monetary policy approach meeting by meeting as it monitors inflation.\nFollowing the FOMC meeting, bitcoin (BTC-USD) increased by over 7% in the past 24 hours, reaching a daily high of $67,700. The uptick follows a downturn in early trading on Wednesday, reaching a low of about $61,500.\nThe world\'s largest digital asset by market cap is still down from reaching an all-time high of above $73,000 one week ago.\nLast Thursday, bitcoin hit record high $73,580, according to CoinGeckodata, its price bolstered by increased inflows from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN), via spot bitcoin exchange-traded funds (ETFs).\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nBitcoin\'s price has gained 30% in the past month alone, a price appreciation that has been driven by record inflows into multiple US-based spot bitcoin ETFs which were approved in January of this year.\nA spot bitcoin ETF is a financial product that many investors see as opening the gateway for mainstream capital to flood thecryptomarket.\nAccording to Oppenheimer Executive Director Owen Lau there are multiple reasons to remain optimism for bitcoin\'s prospects in the long term.\n"Over the long term, we are still optimistic because of a couple reasons. Number one, we still see further adoption for spot bitcoin ETF. We are just still in the early innings. Remember, bitcoin is a global phenomenon. So I think BlackRock listed in US and they just listed IBIT, their spot bitcoin ETF in Brazil. So you can tell many of these asset managers can list this product overseas. You can also buy bitcoin in Asia, in Singapore and also in Europe," Lau toldYahoo Finance.\nRead more:Long-term bitcoin optimism still warranted: Analyst\nTraditional markets also experienced gains following the Federal Reserve\'s statement. The S&P 500 index surged by 1.2% to close at 4,839.8, reaching a new all-time high and surpassing the previous record set in January 2022, while the Nasdaq-100 recorded a gain of 1.3%.\nAdditionally, the US dollar index (DXY), which gauges the dollar\'s strength against other major currencies, decreased by nearly 0.7% from its session peak, indicating heightened investor risk appetite.\nWatch: Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', '• Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows.\n• Wednesday\'s decline was attributed to profit-taking from last week\'s rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend.\n• Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell\'s dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins.\nThe inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows .\nBTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana\'s SOL, Cardano\'s ADA and BNB Chain\'s BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher.\nTokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump.\nOn Wednesday, markets started to slide in early Asian hours amid profit-taking from last week\'s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.\nSentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell\'s FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures.\nSingapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative.\n"Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast.\nDogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1.\nSome tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF).\nCoinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate.\n"Dogecoin\'s enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.', '• Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows.\n• Wednesday\'s decline was attributed to profit-taking from last week\'s rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend.\n• Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell\'s dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins.\nThe inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows .\nBTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana\'s SOL, Cardano\'s ADA and BNB Chain\'s BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher.\nTokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump.\nOn Wednesday, markets started to slide in early Asian hours amid profit-taking from last week\'s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.\nSentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell\'s FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures.\nSingapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative.\n"Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast.\nDogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1.\nSome tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF).\nCoinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate.\n"Dogecoin\'s enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.', 'RAHWAY, N.J., March 21, 2024--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the Phase 3 KEYLYNK-006 trial evaluating KEYTRUDA, Merck’s anti-PD-1 therapy, in combination with maintenance LYNPARZA, a PARP inhibitor, did not meet its dual primary endpoints of overall survival (OS) and progression-free survival (PFS) for the first-line treatment of certain patients with metastatic nonsquamous non-small cell lung cancer (NSCLC).\nIn the KEYLYNK-006 trial, KEYTRUDA in combination with chemotherapy followed by KEYTRUDA plus maintenance LYNPARZA did not meet the study’s pre-specified statistical criteria for OS or PFS compared to KEYTRUDA in combination with chemotherapy (pemetrexed plus carboplatin or cisplatin) followed by KEYTRUDA plus maintenance chemotherapy (pemetrexed). The safety profiles of KEYTRUDA and LYNPARZA in this trial were consistent with those observed in previously reported studies for the individual therapies. A full evaluation of the data from this study is ongoing. Merck will work with investigators to share the results with the scientific community.\n"As lung cancer continues to be the leading cause of cancer death worldwide, we are committed to exploring KEYTRUDA-based combinations and novel candidates that may further help improve patient outcomes," said Dr. Gregory Lubiniecki, vice president, global clinical development, Merck Research Laboratories. "These results are an important reminder of how challenging it may be to treat these patients with metastatic nonsquamous non-small cell lung cancer. We sincerely thank the patients and investigators for their important contributions to this study."\nAbout KEYLYNK-006\nKEYLYNK-006 is a randomized, open-label, two-phase Phase 3 trial (ClinicalTrials.gov,NCT03976323) evaluating KEYTRUDA in combination with chemotherapy (pemetrexed plus carboplatin or cisplatin) followed by either KEYTRUDA plus maintenance LYNPARZA or KEYTRUDA plus maintenance chemotherapy (pemetrexed) for the first-line treatment of patients with metastatic nonsquamous NSCLC with no epidermal growth factor receptor (EGFR), anaplastic lymphoma kinase (ALK) or proto-oncogene tyrosine-protein kinase (ROS1) genomic tumor aberrations. The dual primary endpoints are PFS per Response Evaluation Criteria in Solid Tumors version 1.1 (RECIST v1.1) by blinded independent central review (BICR) and OS. The secondary endpoints include safety and health-related quality of life assessments. The trial enrolled an estimated 1,005 patients in the Induction Phase and randomized 672 patients with a complete or partial response or with stable disease. In the Induction Phase, patients received KEYTRUDA (200 mg intravenously [IV]) in combination with pemetrexed plus investigator’s choice of platinum chemotherapy, consisting of either carboplatin Area Under the Curve (AUC) (5 mg/mL/min IV) or cisplatin (75 mg/m2IV) every three weeks (Q3W) for four cycles. In the Maintenance Phase, patients with a complete or partial response or with stable disease after completing four cycles of induction therapy were randomized to receive either KEYTRUDA (200 mg IV Q3W for up to 31 cycles) plus maintenance LYNPARZA (300 mg orally twice daily) or KEYTRUDA (200 mg IV Q3W for up to 31 cycles) plus maintenance pemetrexed (500 mg/m2IV Q3W) until progressive disease, physician decision or intolerable toxicity.\nAbout lung cancer\nLung cancer is the leading cause of cancer death worldwide. In 2022 alone, there were approximately 2.4 million new cases and 1.8 million deaths from lung cancer globally. Non-small cell lung cancer is the most common type of lung cancer, accounting for about 80% of all cases. In 2024, the overall five-year survival rate for patients diagnosed with lung cancer is 25% in the United States. Improved survival rates are due, in part, to earlier detection and screening, reduction in smoking, advances in diagnostic and surgical procedures, as well as the introduction of new therapies. Early detection and screening remain an important unmet need, as 44% of lung cancer cases are not found until they are advanced.\nAbout Merck’s research in lung cancer\nMerck is advancing research aimed at transforming the way lung cancer is treated, with a goal of improving outcomes for patients affected by this deadly disease. Through nearly 200 clinical trials evaluating more than 36,000 patients around the world, Merck is at the forefront of lung cancer research. In NSCLC, KEYTRUDA has six approved U.S. indications (see indications below) and is approved for advanced disease in more than 95 countries. Among Merck’s research efforts are trials focused on evaluating KEYTRUDA in earlier stages of lung cancer as well as identifying new combinations and coformulations with KEYTRUDA.\nAbout KEYTRUDA®(pembrolizumab) injection, 100 mg\nKEYTRUDA is an anti-programmed death receptor-1 (PD-1) therapy that works by increasing the ability of the body’s immune system to help detect and fight tumor cells. KEYTRUDA is a humanized monoclonal antibody that blocks the interaction between PD-1 and its ligands, PD- L1 and PD-L2, thereby activating T lymphocytes which may affect both tumor cells and healthy cells.\nMerck has the industry’s largest immuno-oncology clinical research program. There are currently more than 1,600 trials studying KEYTRUDA across a wide variety of cancers and treatment settings. The KEYTRUDA clinical program seeks to understand the role of KEYTRUDA across cancers and the factors that may predict a patient\'s likelihood of benefitting from treatment with KEYTRUDA, including exploring several different biomarkers.\nSelected KEYTRUDA®(pembrolizumab) Indications in the U.S.\nNon-Small Cell Lung Cancer\nKEYTRUDA, in combination with pemetrexed and platinum chemotherapy, is indicated for the first-line treatment of patients with metastatic nonsquamous non-small cell lung cancer (NSCLC), with no EGFR or ALK genomic tumor aberrations.\nKEYTRUDA, in combination with carboplatin and either paclitaxel or paclitaxel protein-bound, is indicated for the first-line treatment of patients with metastatic squamous NSCLC.\nKEYTRUDA, as a single agent, is indicated for the first-line treatment of patients with NSCLC expressing PD-L1 [tumor proportion score (TPS) ≥1%] as determined by an FDA-approved test, with no EGFR or ALK genomic tumor aberrations, and is:\n• stage III where patients are not candidates for surgical resection or definitive chemoradiation, or\n• metastatic.\nKEYTRUDA, as a single agent, is indicated for the treatment of patients with metastatic NSCLC whose tumors express PD-L1 (TPS ≥1%) as determined by an FDA-approved test, with disease progression on or after platinum-containing chemotherapy. Patients with EGFR or ALK genomic tumor aberrations should have disease progression on FDA-approved therapy for these aberrations prior to receiving KEYTRUDA.\nKEYTRUDA is indicated for the treatment of patients with resectable (tumors ≥4 cm or node positive) NSCLC in combination with platinum-containing chemotherapy as neoadjuvant treatment, and then continued as a single agent as adjuvant treatment after surgery.\nKEYTRUDA, as a single agent, is indicated as adjuvant treatment following resection and platinum-based chemotherapy for adult patients with stage IB (T2a ≥4 cm), II, or IIIA NSCLC.\nSee additional selected KEYTRUDA indications in the U.S. after the Selected Important Safety Information.\nSelected Important Safety Information for KEYTRUDA\nSevere and Fatal Immune-Mediated Adverse Reactions\nKEYTRUDA is a monoclonal antibody that belongs to a class of drugs that bind to either the PD-1 or the PD-L1, blocking the PD-1/PD-L1 pathway, thereby removing inhibition of the immune response, potentially breaking peripheral tolerance and inducing immune-mediated adverse reactions. Immune-mediated adverse reactions, which may be severe or fatal, can occur in any organ system or tissue, can affect more than one body system simultaneously, and can occur at any time after starting treatment or after discontinuation of treatment. Important immune-mediated adverse reactions listed here may not include all possible severe and fatal immune-mediated adverse reactions.\nMonitor patients closely for symptoms and signs that may be clinical manifestations of underlying immune-mediated adverse reactions. Early identification and management are essential to ensure safe use of anti–PD-1/PD-L1 treatments. Evaluate liver enzymes, creatinine, and thyroid function at baseline and periodically during treatment. For patients with TNBC treated with KEYTRUDA in the neoadjuvant setting, monitor blood cortisol at baseline, prior to surgery, and as clinically indicated. In cases of suspected immune-mediated adverse reactions, initiate appropriate workup to exclude alternative etiologies, including infection. Institute medical management promptly, including specialty consultation as appropriate.\nWithhold or permanently discontinue KEYTRUDA depending on severity of the immune-mediated adverse reaction. In general, if KEYTRUDA requires interruption or discontinuation, administer systemic corticosteroid therapy (1 to 2 mg/kg/day prednisone or equivalent) until improvement to Grade 1 or less. Upon improvement to Grade 1 or less, initiate corticosteroid taper and continue to taper over at least 1 month. Consider administration of other systemic immunosuppressants in patients whose adverse reactions are not controlled with corticosteroid therapy.\nImmune-Mediated Pneumonitis\nKEYTRUDA can cause immune-mediated pneumonitis. The incidence is higher in patients who have received prior thoracic radiation. Immune-mediated pneumonitis occurred in 3.4% (94/2799) of patients receiving KEYTRUDA, including fatal (0.1%), Grade 4 (0.3%), Grade 3 (0.9%), and Grade 2 (1.3%) reactions. Systemic corticosteroids were required in 67% (63/94) of patients. Pneumonitis led to permanent discontinuation of KEYTRUDA in 1.3% (36) and withholding in 0.9% (26) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Pneumonitis resolved in 59% of the 94 patients.\nPneumonitis occurred in 8% (31/389) of adult patients with cHL receiving KEYTRUDA as a single agent, including Grades 3-4 in 2.3% of patients. Patients received high-dose corticosteroids for a median duration of 10 days (range: 2 days to 53 months). Pneumonitis rates were similar in patients with and without prior thoracic radiation. Pneumonitis led to discontinuation of KEYTRUDA in 5.4% (21) of patients. Of the patients who developed pneumonitis, 42% interrupted KEYTRUDA, 68% discontinued KEYTRUDA, and 77% had resolution.\nPneumonitis occurred in 7% (41/580) of adult patients with resected NSCLC who received KEYTRUDA as a single agent for adjuvant treatment of NSCLC, including fatal (0.2%), Grade 4 (0.3%), and Grade 3 (1%) adverse reactions. Patients received high-dose corticosteroids for a median duration of 10 days (range: 1 day to 2.3 months). Pneumonitis led to discontinuation of KEYTRUDA in 26 (4.5%) of patients. Of the patients who developed pneumonitis, 54% interrupted KEYTRUDA, 63% discontinued KEYTRUDA, and 71% had resolution.\nImmune-Mediated Colitis\nKEYTRUDA can cause immune-mediated colitis, which may present with diarrhea. Cytomegalovirus infection/reactivation has been reported in patients with corticosteroid-refractory immune-mediated colitis. In cases of corticosteroid-refractory colitis, consider repeating infectious workup to exclude alternative etiologies. Immune-mediated colitis occurred in 1.7% (48/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (1.1%), and Grade 2 (0.4%) reactions. Systemic corticosteroids were required in 69% (33/48); additional immunosuppressant therapy was required in 4.2% of patients. Colitis led to permanent discontinuation of KEYTRUDA in 0.5% (15) and withholding in 0.5% (13) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Colitis resolved in 85% of the 48 patients.\nHepatotoxicity and Immune-Mediated Hepatitis\nKEYTRUDA as a Single Agent\nKEYTRUDA can cause immune-mediated hepatitis. Immune-mediated hepatitis occurred in 0.7% (19/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.4%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 68% (13/19) of patients; additional immunosuppressant therapy was required in 11% of patients. Hepatitis led to permanent discontinuation of KEYTRUDA in 0.2% (6) and withholding in 0.3% (9) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Hepatitis resolved in 79% of the 19 patients.\nKEYTRUDA WithAxitinib\nKEYTRUDA in combination with axitinib can cause hepatic toxicity. Monitor liver enzymes before initiation of and periodically throughout treatment. Consider monitoring more frequently as compared to when the drugs are administered as single agents. For elevated liver enzymes, interrupt KEYTRUDA and axitinib, and consider administering corticosteroids as needed. With the combination of KEYTRUDA and axitinib, Grades 3 and 4 increased alanine aminotransferase (ALT) (20%) and increased aspartate aminotransferase (AST) (13%) were seen at a higher frequency compared to KEYTRUDA alone. Fifty-nine percent of the patients with increased ALT received systemic corticosteroids. In patients with ALT ≥3 times upper limit of normal (ULN) (Grades 2-4, n=116), ALT resolved to Grades 0-1 in 94%. Among the 92 patients who were rechallenged with either KEYTRUDA (n=3) or axitinib (n=34) administered as a single agent or with both (n=55), recurrence of ALT ≥3 times ULN was observed in 1 patient receiving KEYTRUDA, 16 patients receiving axitinib, and 24 patients receiving both. All patients with a recurrence of ALT ≥3 ULN subsequently recovered from the event.\nImmune-Mediated Endocrinopathies\nAdrenal Insufficiency\nKEYTRUDA can cause primary or secondary adrenal insufficiency. For Grade 2 or higher, initiate symptomatic treatment, including hormone replacement as clinically indicated. Withhold KEYTRUDA depending on severity. Adrenal insufficiency occurred in 0.8% (22/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.3%) reactions. Systemic corticosteroids were required in 77% (17/22) of patients; of these, the majority remained on systemic corticosteroids. Adrenal insufficiency led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.3% (8) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nHypophysitis\nKEYTRUDA can cause immune-mediated hypophysitis. Hypophysitis can present with acute symptoms associated with mass effect such as headache, photophobia, or visual field defects. Hypophysitis can cause hypopituitarism. Initiate hormone replacement as indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Hypophysitis occurred in 0.6% (17/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.2%) reactions. Systemic corticosteroids were required in 94% (16/17) of patients; of these, the majority remained on systemic corticosteroids. Hypophysitis led to permanent discontinuation of KEYTRUDA in 0.1% (4) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nThyroid Disorders\nKEYTRUDA can cause immune-mediated thyroid disorders. Thyroiditis can present with or without endocrinopathy. Hypothyroidism can follow hyperthyroidism. Initiate hormone replacement for hypothyroidism or institute medical management of hyperthyroidism as clinically indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Thyroiditis occurred in 0.6% (16/2799) of patients receiving KEYTRUDA, including Grade 2 (0.3%). None discontinued, but KEYTRUDA was withheld in <0.1% (1) of patients.\nHyperthyroidism occurred in 3.4% (96/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (0.8%). It led to permanent discontinuation of KEYTRUDA in <0.1% (2) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. Hypothyroidism occurred in 8% (237/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (6.2%). It led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.5% (14) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. The majority of patients with hypothyroidism required long-term thyroid hormone replacement. The incidence of new or worsening hypothyroidism was higher in 1185 patients with HNSCC, occurring in 16% of patients receiving KEYTRUDA as a single agent or in combination with platinum and FU, including Grade 3 (0.3%) hypothyroidism. The incidence of new or worsening hypothyroidism was higher in 389 adult patients with cHL (17%) receiving KEYTRUDA as a single agent, including Grade 1 (6.2%) and Grade 2 (10.8%) hypothyroidism. The incidence of new or worsening hyperthyroidism was higher in 580 patients with resected NSCLC, occurring in 11% of patients receiving KEYTRUDA as a single agent as adjuvant treatment, including Grade 3 (0.2%) hyperthyroidism. The incidence of new or worsening hypothyroidism was higher in 580 patients with resected NSCLC, occurring in 22% of patients receiving KEYTRUDA as a single agent as adjuvant treatment (KEYNOTE-091), including Grade 3 (0.3%) hypothyroidism.\nType 1 Diabetes Mellitus (DM), Which Can Present With Diabetic Ketoacidosis\nMonitor patients for hyperglycemia or other signs and symptoms of diabetes. Initiate treatment with insulin as clinically indicated. Withhold KEYTRUDA depending on severity. Type 1 DM occurred in 0.2% (6/2799) of patients receiving KEYTRUDA. It led to permanent discontinuation in <0.1% (1) and withholding of KEYTRUDA in <0.1% (1) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nImmune-Mediated Nephritis With Renal Dysfunction\nKEYTRUDA can cause immune-mediated nephritis. Immune-mediated nephritis occurred in 0.3% (9/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.1%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 89% (8/9) of patients. Nephritis led to permanent discontinuation of KEYTRUDA in 0.1% (3) and withholding in 0.1% (3) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Nephritis resolved in 56% of the 9 patients.\nImmune-Mediated Dermatologic Adverse Reactions\nKEYTRUDA can cause immune-mediated rash or dermatitis. Exfoliative dermatitis, including Stevens-Johnson syndrome, drug rash with eosinophilia and systemic symptoms, and toxic epidermal necrolysis, has occurred with anti–PD-1/PD-L1 treatments. Topical emollients and/or topical corticosteroids may be adequate to treat mild to moderate nonexfoliative rashes. Withhold or permanently discontinue KEYTRUDA depending on severity. Immune-mediated dermatologic adverse reactions occurred in 1.4% (38/2799) of patients receiving KEYTRUDA, including Grade 3 (1%) and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 40% (15/38) of patients. These reactions led to permanent discontinuation in 0.1% (2) and withholding of KEYTRUDA in 0.6% (16) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 6% had recurrence. The reactions resolved in 79% of the 38 patients.\nOther Immune-Mediated Adverse Reactions\nThe following clinically significant immune-mediated adverse reactions occurred at an incidence of <1% (unless otherwise noted) in patients who received KEYTRUDA or were reported with the use of other anti–PD-1/PD-L1 treatments. Severe or fatal cases have been reported for some of these adverse reactions.Cardiac/Vascular:Myocarditis, pericarditis, vasculitis;Nervous System:Meningitis, encephalitis, myelitis and demyelination, myasthenic syndrome/myasthenia gravis (including exacerbation), Guillain-Barré syndrome, nerve paresis, autoimmune neuropathy;Ocular:Uveitis, iritis and other ocular inflammatory toxicities can occur. Some cases can be associated with retinal detachment. Various grades of visual impairment, including blindness, can occur. If uveitis occurs in combination with other immune-mediated adverse reactions, consider a Vogt-Koyanagi-Harada-like syndrome, as this may require treatment with systemic steroids to reduce the risk of permanent vision loss;Gastrointestinal:Pancreatitis, to include increases in serum amylase and lipase levels, gastritis, duodenitis;Musculoskeletal and Connective Tissue:Myositis/polymyositis, rhabdomyolysis (and associated sequelae, including renal failure), arthritis (1.5%), polymyalgia rheumatica;Endocrine:Hypoparathyroidism;Hematologic/Immune:Hemolytic anemia, aplastic anemia, hemophagocytic lymphohistiocytosis, systemic inflammatory response syndrome, histiocytic necrotizing Last 60 Days of Bitcoin's Closing Prices: [41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-21 Financial & Commodity Data: - Gold Closing Price: $2182.40 - Crude Oil Closing Price: $81.07 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,308,068,719,850 - Hash Rate: 500768807.8908293 - Transaction Count: 327642.0 - Unique Addresses: 611408.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Solana has been hot as of late. The project has seen a rebound since late 2022 when FTX collapsed. It is nearing previous highs set in 2021, driven by a variety of interesting projects on the chain. The chain supports protocols ranging from AI projects to novel staking programs. However, perhaps the most popular among all of these projects has been meme coins. Solana was not known for meme coins until recently. Tokens such as Bonk (BONK), dogwifhat (WIF) and MAGA Coin (TRUMP) rose to stardom and have attracted billions in investment. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? However, a new batch of tokens may be taking over, using a new and unique method of token allocation called a presale. BOOK OF MEME (BOME) has overtaken the crypto scene with huge price increases. A presale works when investors send tokens to a wallet address that allocates a certain amount of tokens based on the amount of initial investment. The process is risky from multiple standpoints. Traders have no guarantee that sending money to the wallet will result in eventually receiving tokens. The process could be a scam in which investors send money to a wallet and never get any tokens in exchange. Additionally, the amount of tokens you receive back from the presale could vary from the initial amount. While this could work in your favor, it is a risk. However, these risks did not seem to sway investors at all. According to on-chain dataposted on X, individual investors threw tens of thousands of dollars into the BOME presale. The token was created by the anonymousDarkfarms1, who amassed a huge following on X by posting photos of the Pepe meme and advertising the BOME token. The hype allowed the project to attract around $4 million in presale investment, and the project began trading on March 14, 2024. Within 3 days, the project's initial market cap of $4 million rose to $1.5 billion. The increase of over 37,000% made millionaires along the way. Sundayfunday.sol, a close friend of the creator of BOME, invested 420.49 SOL tokens, worth $72,000 at the time. The investment paid off, reaching a peak of over $30 million in 72 hours, according to blockchain analytics companyLookonchain. According to the post, sundayfunday.sol sold around $3.66 million BOME, leaving over $26 million. The wallet then used some of those holdings to buy a handful of other Solana meme coins.As it stands right now, the wallet holds around 20,000 SOL tokens, worth $4 million, and 32 different meme coins worth $16 million. An investment of $250 in BOME at launch would have been worth over $93,000 at its peak. A $2,700 initial investment would have been worth over $1 million. Read Next: • Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. • Bitcoin has jumped another 45% already this year –how much would you need to get started today? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articlePresale Investors In Solana Memecoin Turned $250 Into $90,000+ Last Weekoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Tom Westbrook SINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure U.S. rates are high and not falling yet. The Swiss National Bank delivered the biggest surprise of a week crammed with central bank meetings, cutting its main interest rate and citing the strength of the franc as a reason. The franc, which in real terms has been rising for years, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro nudging it closer to parity. The Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-year lows at 151.63 per dollar. The U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%. Market expectations for U.S. rate cuts increased after that but only very slightly. About 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year. "With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi. "This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher." Dollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous but also looking for other currencies to buy and pocket the "carry", or difference between interest rates. Euro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014. Against the dollar the euro has slipped about 0.2% this week into middle of a range it has held for a year at $1.0862. Sterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike. For the week sterling is down 0.6% at $1.2661. The Australian and New Zealand dollars moved in opposite directions this week. Thursday data showed New Zealand slipped into a technical recession, while Australian jobs surged ahead. The Aussie/kiwi cross is up 0.8% this week. The Australian dollar has eked a 0.2% gain on the U.S. dollar to $0.6572 for the week, while the kiwi has plumbed four-month lows and lost about 0.6% to $0.6046. The U.S. dollar index is up for a second week in a row, climbing 0.5% to 103.94. Bitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday. It was last at $65,800. Other morning moves in Asia were slight. The yen had no major reaction to mixed Japanese inflation data. Retail sales figures in Britain and Canada are due later in the day. ======================================================== Currency bid prices at 0100 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0865 $1.0860 +0.05% +0.00% +1.0868 +1.0861 Dollar/Yen 151.5250 151.6350 -0.07% +0.00% +151.6900 +151.4500 Euro/Yen 164.63 164.63 +0.00% +0.00% +164.7700 +164.5700 Dollar/Swiss 0.8975 0.8977 -0.02% +0.00% +0.8979 +0.8971 Sterling/Dollar 1.2672 1.2660 +0.10% +0.00% +1.2674 +1.2656 Dollar/Canadian 1.3524 1.3530 -0.04% +0.00% +1.3531 +1.3520 Aussie/Dollar 0.6574 0.6569 +0.08% +0.00% +0.6577 +0.6570 NZ Dollar/Dollar 0.6049 0.6045 +0.07% +0.00% +0.6052 +0.6046 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', 'The First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) has been red hot, riding the crypto bull market to a scorching 196.1% gain over the past year.\xa0However, while the ETF deserves credit for this standout performance, I’m bearish on it for now and steering clear because of two red flags that lurk beneath the surface — its extreme exposure to a pair of volatile stocks and its high expense ratio.\nBefore taking a look at the concerns, let’s briefly review CRPT’s strategy.According to fund sponsor First Trust, CRPT “is designed to provide exposure to companies that SkyBridge views as firms that are driving cryptocurrency, crypto assets and digital economies related innovation.”\nThe fund launched in September 2021 and has $51.7 million in assets under management (AUM).\nCRPT invests in companies from all facets of the crypto landscape. This includes crypto exchanges like Coinbase (NASDAQ:COIN), Bitcoin (BTC-USD) miners like Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT), andsemiconductor stockslike Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) (whose Graphic process unit chips are used by miners to mine Bitcoin).\nIt even includes the big tech giants like Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL), who have various irons in the fire when it comes to crypto, even though it certainly isn’t a major part of their respective businesses.\nI’d actually say that CRPT does a pretty good job of covering all bases and casting a wide net when it comes to investing in companies that are involved in crypto. The issue isn’t really what it is investing in, it’s more about how much it is investing in some of its holdings, as we’ll discuss below.\nCRPT owns 31 stocks, and its top 10 holdings make up an incredibly high 91.5% of assets, so this is an extremely concentrated ETF.\nBelow, you’ll find an overview ofCRPT’s top 10 holdingsusing TipRanks’ Holdings Tool.\nNot only do the fund’s top 10 holdings make up over 90% of its assets, but just the top two holdings, Coinbase and Microstrategy (NASDAQ:MSTR), account for a whopping 44.7% of the fund.\nTo be fair, Coinbase and Microstrategy have been great stocks over the past year, as rising crypto prices have driven their shares significantly higher. Coinbase is up 205.8% over the past year, and MicroStrategy is up 465.7%.\nWhile they have performed well, investors should note that these are still extremely volatile stocks that typically fall significantly when the price of Bitcoin is down.\nTipRanks’ Smart Score System isn’t enthused about either of these stocks, giving Coinbase an Underperform-equivalent Smart Score of 2 and MicroStrategy a Neutral-equivalent Smart Score of 4. TheSmart Scoreis a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market factors.\nWe are in the midst of a crypto bull market, so it’s easy to forget it now, but it wasn’t long ago that these stocks performed poorly as crypto prices tanked in 2022, causing CRPT to fall 80.8% that year.\nWhen the crypto market is humming along, CRPT is going to do well, but the next time it slumps, investors may need to run for cover.\nZooming out a bit further, not only is over 44% of the fund in just these top two holdings, but 78.4% is devoted to just its top five holdings, which include volatile Bitcoin mining stocks. There’s simply no way around the fact that this is an extreme amount of concentration in just a few stocks, and volatile ones at that.\nMy other concern about CRPT is that it is an expensive ETF with an expense ratio of 0.85%. This is significantly higher than the average expense ratio for all ETFs, which currently sits at 0.57%. This 0.85% expense ratio means that an investor will pay $85 in fees on a $10,000 investment annually.\nThese fees can really add up over time. For example, if the fund returns 5% annually going forward and maintains its current expense ratio, an investor putting $10,000 into the fund will pay a whopping $1,049 in fees over 10 years. Paying high fees like this can take a bite out of the principal of one’s portfolio over time, so it’s always important for investors to be mindful of fees.\nIf the ETF keeps performing well, as it has over the past year, most investors will not mind paying the high fee. But if the ETF performs poorly again, as it did in 2022, these high fees add insult to injury.\nTurning to Wall Street, CRPT earns a Moderate Buy consensus rating based on\xa027 Buys, five Holds, and zero Sell ratings assigned in the past three months. Theaverage CRPT stock price targetof $15.56 implies 11.6% upside potential.\nCRPT deserves a lot of credit for its strong performance over the past year. While I’m bullish on the crypto market in general (and the ETF could continue to do well for a while if crypto prices keep rising), I’m bearish on CRPT overall, given its massive position in just two volatile stocks with underwhelming Smart Scores: Coinbase and MicroStrategy. This leaves investors with a lot of potential downside exposure.\nFurthermore, the fund is very costly, with a well-above-average expense ratio of 0.85%.\nThe fund has performed well over the past year, but it was also down more than 80% in 2022 when crypto prices were in a prolonged downtrend, so investors should be mindful of this.\nInvestors have plenty of other options for gaining exposure to the crypto space. They can invest directly in cryptocurrencies like Bitcoin and Ethereum (ETH-USD) or invest in Bitcoin through one of the many newlow-cost Bitcoin ETFslike BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) or ARK Invest’s ARK 21Shares Bitcoin ETF (BATS:ARKB), which feature fees that are a fraction of CRPT’s. In fact, many of these ETFs are waiving their fees for the time being as they compete to draw in funds, which behooves investors.\nFor those who want to specifically invest in the types of crypto-involved stocks that CRPT invests in, there are lower-cost options that offer a bit more diversification and less concentration, such as the Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG). It should be noted that FDIG also features a large Coinbase position, but overall, its top 10 holdings make up a much more manageable 62.9% of assets, and its expense ratio is less than half of CRPT’s.\nDisclosure', '• Stocks rallied on Thursday with the Dow and the S&P 500 extending record highs.\n• The Fed kept rates unchanged and signed three cuts coming in 2024.\n• Reddit soared in its first day of trading, closing 48% higher.\nUS stocks surged on Thursday to fresh records, continuing themomentumin the wake of the Federal Reserve\'s latest monetary policy update.\nThe S&P 500 and the Dow Jones Industrial Average claimed fresh record highs, with the Dow spiking by 269 points.\nThe jumps add to gains that followed Jerome Powell\'s press conference on Wednesday, in which he said the central bank remains committed to its 2% inflation target, and that policymakers will monitor incoming data closely before its next moves.\nAccording to the dot plot of interest rate projections for the coming years, officials still expect three rate cuts in 2024.\nCME\'s FedWatch Toolshows traders haveramped up bets for a June rate cutover the last 24 hours, with odds for easing to start in June jumping from 55% to almost 70%.\n"If we\'re returning to a more normal monetary policy environment in an economy that can produce sustainable growth and not fold under inflationary pressures, perhaps higher rates are the appropriate longer-term approach," Liz Young, the head of investment strategy at SoFi, wrote in a note after the Fed meeting.\nMeanwhile,Reddit made its public trading debuton Thursday with as much as a 70% rally before paring gains to close 47% higher at $50.31 a share.\nSome Redditors on the site had expressed disinterest in participating in the IPO, which had been offered to some of the platform\'s top users.\nApple shares tumbled4% as the US Department of Justice unveiled a lawsuit that says the company engages in anticompetitive practices in the smartphone market. The stock closed at $171.37, down by about 11% year-to-date.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,241.53, up 0.32%\n• Dow Jones Industrial Average:39,781.50, up 0.68% (+269.37 points)\n• Nasdaq Composite:16,401.84, up 0.2%\nHere\'s what else is going on:\n• The EU is pushing for Ukraine to see profits fromfrozen Russian assetsas soon as July.\n• Sam Bankman-Friedis living a "life of delusion" by claiming he didn\'t steal, the new FTX boss said.\n• America\'s growing wealth points to a boom in atax-exempt cornerof the bond market.\n• Wall Street bull SocGen saidthe S&P 500 will rally another 5%in 2024.\nIn commodities, bonds, and crypto:\n• Oil prices dipped, withWest Texas Intermediatedown 0.27% to $81.05 a barrel.Brent crude, the international benchmark, moved lower 0.26% to $85.72 a barrel.\n• Goldclimbed 1% to $2,183 per ounce.\n• The10-year Treasury yieldwas flat at 4.271%.\n• Bitcoinslid 0.75% to $65,155.\nRead the original article onBusiness Insider', "Coinbase, leading cryptocurrency exchanges in the United States, is facing another wave of issues. Previous incidents were attributed to high trading activity on the crypto exchange duringBitcoin's surge to a new all-time high. However, this time it is related to Base, theEthereumlayer-2 network that Coinbase launched.\nAccordingto Coinbase, the Base network's congestion is causing intermittent failures in transactions on Coinbase Wallet and Coinbase.com. Users are advised to wait for network confirmation or resubmit their transactions once the congestion subsides. Coinbase Wallet customers are specifically urged to wait until the congestion is resolved before making transactions on the Base network.\nIn a post on X in response to the situation, Coinbase Wallet explained that the surge in network traffic on the Base network has led to some transactions “stuck” in a pending state. Coinbase recommends that users with pending transactions cancel them and resubmit with the latest estimated gas fee. If cancellation is not possible, the transactions will process once the network congestion reduces. Coinbase Wallet's team is actively working on implementing a transaction cancellation feature and will provide updates when available.\nBlockchain data from Duneshowsa notable surge in transaction volume on Base, with daily transactions increasing from an average of around 400,000 to over a million in recent days. On Saturday, Base set a new record of 2.12 million daily transactions.", "Solana's native token,SOL, has experienced an impressive surge of 69% over the past month, reaching a high of $208 on March 18. However, SOL fell by over 16% since March 18, amidst a wider crypto market dip. SOL has since bounced from the $170 mark, a significant support level for SOL. With Bitcoin struggling to maintain levels above $70,000, speculation about an altcoin season has arisen, creating both bullish and bearish arguments.\nOver the past month, Solana-based memecoins likeDogwifhat (WIF)andBonk (BONK)experienced significant rallies, leading to a surge in memecoin trading on the network. Solana benefited from the increased activity, with a surge in volume and active addresses engaging with its DApps. Notably, thedecentralized exchange (DEX) daily trading volumeon Solana has managed to surpass Ethereum on various days. The latest surge in activity was driven by the frenzy surrounding memecoins presales, particularly the launch ofBook of Meme (BOME)andSlerf (SLERF), which generated billions in trading volume days after launching.\nHowever, critics of Solana point out that the increased demand for the network has led to higher fees and more failed transactions. Validators experienced delays of up to 40 seconds on March 16, resulting in nearly half of the transactions failing within a 20-minute span.\nFurthermore, analysts raise concerns about the significant issuance of tokens to cover Solana's validator costs, which inflates the supply of SOL. Additionally, the large number of tokens held by the bankrupt FTX exchange's estate poses a potential risk of sell-offs in the near future.", '\nSudden yuan drop ripples through Asia trade\n\nDollar/yen tests level that drew intervention in 2022\n\nRates advantage behind broad dollar support\n(Updates prices)\nBy Tom Westbrook\nSINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a surprise cut in Switzerland highlighting the gap between the Federal Reserve and global peers in interest rate settings.\nExpectations for policy easing in China have piled pressure on its currency, for example, and it dropped sharply to a four-month low in the onshore session, spooking equity investors and prompting state banks to step in.\nIt was last at 7.2254 per dollar, and the move rippled through foreign exchange markets to set the dollar higher across the board in Asia trade. The euro made a three-week low at $1.0834, down 0.5% for the week.\nThe Australian and New Zealand dollars fell more than 0.5% each and are set for weekly losses. At $0.6524, the Aussie was down 0.5% for the week - having won some support on the way down from blowout jobs figures on Thursday.\nThe kiwi, down 1.2% to a four-month low of $0.6012, is squeezed by softening economic data while U.S. data is strong, suggesting rates will fall faster in New Zealand.\nThe Swiss National Bank had earlier delivered the biggest surprise of a week crammed with central bank meetings, cutting interest rates and citing the strength of the franc as a reason.\n"That will get a few people thinking about who\'s next," said Westpac strategist Imre Speizer in Christchurch. "The U.S. economy is in a good spot and it doesn\'t look like the Fed needs to be in any hurry (to cut rates)."\nThe franc, the best performing G10 currency of 2023, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro , nudging it closer to parity.\nThe Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-decade lows at 151.51 per dollar.\nThe U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it also said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%.\nAbout 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year.\n"With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi.\n"This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher."\nDollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous while also looking for other currencies to buy and pocket the "carry", or difference between interest rates.\nEuro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014.\nSterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike.\nFor the week, sterling is down 0.7% and it touched a three-week low at $1.2635 in the Asia session.\nThe U.S. dollar index is up for a second week in a row, climbing 0.8% to 104.21.\nBitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday.\nIt was last at $65,900.\n(Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', '• Bitcoin remains volatile, but some market calm is expected soon.\n• Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says.\nBitcoin {{BTC}} tested $66,000during the Asian trading hourson Friday, as market observers expect the leading cryptocurrency to face more volatility ahead.\n“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.\n“The drawdown still remains in line with the expected range of 10-20% as we’ve seen historically that happens right before the BTC halving event. More volatility is expected to come going into the BTC halving,” he continued.\nMeanwhile,the CoinDesk 20(CD20), a measure of the world’s most liquid digital assets, is down 0.5%.\nCoinDesk’s Digitization Index (DTZ), which measures the performance of digitization protocols like Ethereum Name Service (ENS), was the best-performing index during Asia trading hours, up 2.7%.\nIn a note sent out Friday morning Asia time, Singapore-based QCP Capital wrote that the market is consolidating with bitcoin and ether trading in a “relatively tight range” and that the market “might take a break this weekend” after last weekend’s pre-FOMC volatility.\nThe trading house also noted that the Grayscale Bitcoin Trust (GBTC) continued to see steep outflows, with $358.8 million leaving the fund. QCP expects a fourth consecutive day of BTC spot exchange-traded fund net outflows.\nRegarding ether {{ETH}}, QCP says that the market is starting to price out the chances of a spot ether ETF being approved anytime soon.\n“The Grayscale ETH discount has widened from -8% to -20% over the past two weeks,” QCP noted.\nPrediction markets also reflect this. On Polymarket, a contractasking if an Ethereum ETF will be approved by May 31is currently trading with a 21% probability that this will be the case.\nThe Ethereum Foundation iscurrently being investigated by a state authority, which Fortune says is the Securities and Exchange Commission. The question remains whether the SEC considers ether a security, and the Commissionhasn’tbeen responsive to FOIA requestsfor key documents that would shed insight into its views on the issue.\nBlockchain bettors on Polymarket also believe that the second quarter iswhen ether will hitits all-time high, but a sizable portion of traders also think there will be no all-time highs in 2024.\nEther is currently tradingabove $3500, up 1.2%, according to CoinDesk Indices data.', '• Bitcoin remains volatile, but some market calm is expected soon.\n• Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says.\nBitcoin {{BTC}} tested $66,000during the Asian trading hourson Friday, as market observers expect the leading cryptocurrency to face more volatility ahead.\n“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.\n“The drawdown still remains in line with the expected range of 10-20% as we’ve seen historically that happens right before the BTC halving event. More volatility is expected to come going into the BTC halving,” he continued.\nMeanwhile,the CoinDesk 20(CD20), a measure of the world’s most liquid digital assets, is down 0.5%.\nCoinDesk’s Digitization Index (DTZ), which measures the performance of digitization protocols like Ethereum Name Service (ENS), was the best-performing index during Asia trading hours, up 2.7%.\nIn a note sent out Friday morning Asia time, Singapore-based QCP Capital wrote that the market is consolidating with bitcoin and ether trading in a “relatively tight range” and that the market “might take a break this weekend” after last weekend’s pre-FOMC volatility.\nThe trading house also noted that the Grayscale Bitcoin Trust (GBTC) continued to see steep outflows, with $358.8 million leaving the fund. QCP expects a fourth consecutive day of BTC spot exchange-traded fund net outflows.\nRegarding ether {{ETH}}, QCP says that the market is starting to price out the chances of a spot ether ETF being approved anytime soon.\n“The Grayscale ETH discount has widened from -8% to -20% over the past two weeks,” QCP noted.\nPrediction markets also reflect this. On Polymarket, a contractasking if an Ethereum ETF will be approved by May 31is currently trading with a 21% probability that this will be the case.\nThe Ethereum Foundation iscurrently being investigated by a state authority, which Fortune says is the Securities and Exchange Commission. The question remains whether the SEC considers ether a security, and the Commissionhasn’tbeen responsive to FOIA requestsfor key documents that would shed insight into its views on the issue.\nBlockchain bettors on Polymarket also believe that the second quarter iswhen ether will hitits all-time high, but a sizable portion of traders also think there will be no all-time highs in 2024.\nEther is currently tradingabove $3500, up 1.2%, according to CoinDesk Indices data.', 'BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos\' zk-based, BeL2\nSINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- TodayElastos, a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains. The BTC Oracle is part of Elastos\' Bitcoin Layer 2 (BeL2) , BeL2, the first Bitcoin Layer 2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos\'s Bitcoin layer 2 BTC Oracle acts as a zero-knowledge proof (ZPK) data feed that provides real-time Bitcoin information to EVM smart contracts. As of today,a prototype is available to illustrate how you can stake ELA in return for Bitcoin rewards.\nElastos\' native token (ELA) has been merge-mined with Bitcoin since 2018. BeL2 is a suite of technologies consisting of a BTC Oracle that inputs Bitcoin-related data to EVM contracts. This includes an application layer; an ELA powered relay network which further decentralises the process and reduces the reliance on a single point of failure; and the BTC Oracle which generates zero knowledge proofs and transmits events from BTC to the EVM contract. In its most streamlined form, BeL2 Oracle empowers the most straightforward yet comprehensive solution for cross-chain operability involving Bitcoin and EVMs.\nSpeaking on the launch of BTC Oracle, Sasha Mitchel Head of Bitcoin Layer 2 at Elastos said, "BTC Oracle and BeL2 leverages the most intuitive yet advanced aspects of cryptographic verification to expand Bitcoin\'s utility in the DeFi space and beyond, all while staying true to its roots of decentralisation and privacy. With BTC Oracle we can open up an amazing future for new financial products and use cases on bitcoin through decentralized applications like BTC lending, BRC20 Indexing, Algorithmic Stable Coin Issuance, and more."\n"By empowering every EVM compatible blockchain to use smart contracts denominated in Bitcoin, the industry can unlock incredible innovative and economic potential for the crypto ecosystem via staking ELA and getting Bitcoin rewards," said Jonathan Hargreaves, Global Head of Business Development & ESG at Elastos. "In that respect, BTC Oracle unlocks a 7-fold increase in the potential market for building on smart bitcoin."\nAbout Elastos\nElastosis a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.\nThe Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.\nSocial Links\nX:https://twitter.com/ElastosInfo\nFacebook:https://www.facebook.com/elastosorg/\nDiscord:https://discord.com/invite/elastos\nYouTube:https://www.youtube.com/channel/UCy5AjgpQIQq3bv8oy_L5WTQ\nMedia Contact\nBrand: Elastos\nContact: Media team\nEmail: [email protected]\nWebsite:https://elastos.info/\nSOURCE: Elastos', 'BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos\' zk-based, BeL2\nSINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- TodayElastos, a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains. The BTC Oracle is part of Elastos\' Bitcoin Layer 2 (BeL2) , BeL2, the first Bitcoin Layer 2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos\'s Bitcoin layer 2 BTC Oracle acts as a zero-knowledge proof (ZPK) data feed that provides real-time Bitcoin information to EVM smart contracts. As of today,a prototype is available to illustrate how you can stake ELA in return for Bitcoin rewards.\nElastos\' native token (ELA) has been merge-mined with Bitcoin since 2018. BeL2 is a suite of technologies consisting of a BTC Oracle that inputs Bitcoin-related data to EVM contracts. This includes an application layer; an ELA powered relay network which further decentralises the process and reduces the reliance on a single point of failure; and the BTC Oracle which generates zero knowledge proofs and transmits events from BTC to the EVM contract. In its most streamlined form, BeL2 Oracle empowers the most straightforward yet comprehensive solution for cross-chain operability involving Bitcoin and EVMs.\nSpeaking on the launch of BTC Oracle, Sasha Mitchel Head of Bitcoin Layer 2 at Elastos said, "BTC Oracle and BeL2 leverages the most intuitive yet advanced aspects of cryptographic verification to expand Bitcoin\'s utility in the DeFi space and beyond, all while staying true to its roots of decentralisation and privacy. With BTC Oracle we can open up an amazing future for new financial products and use cases on bitcoin through decentralized applications like BTC lending, BRC20 Indexing, Algorithmic Stable Coin Issuance, and more."\n"By empowering every EVM compatible blockchain to use smart contracts denominated in Bitcoin, the industry can unlock incredible innovative and economic potential for the crypto ecosystem via staking ELA and getting Bitcoin rewards," said Jonathan Hargreaves, Global Head of Business Development & ESG at Elastos. "In that respect, BTC Oracle unlocks a 7-fold increase in the potential market for building on smart bitcoin."\nAbout Elastos\nElastosis a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.\nThe Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.\nSocial Links\nX:https://twitter.com/ElastosInfo\nFacebook:https://www.facebook.com/elastosorg/\nDiscord:https://discord.com/invite/elastos\nYouTube:https://www.youtube.com/channel/UCy5AjgpQIQq3bv8oy_L5WTQ\nMedia Contact\nBrand: Elastos\nContact: Media team\nEmail: [email protected]\nWebsite:https://elastos.info/\nSOURCE: Elastos', 'Some investors may think that an amount like $1,000 is too small to earn significant returns. However, that is not necessarily the case. A $1,000 investment inHome Depot\'s\xa01981 IPO would be worth more than $18 million today, not counting dividend income. That is not to say investors should expect such returns, but it shows that a small investment is not necessarily an impediment to massive gains when held over time.\nMoreover, even with indexes at record highs, some stocks have struggled to return to growth.\nStill, some of these stocks have pledged to return to core strengths, which should revive investor interest. While investors may need to exercise patience, shares ofSea Limited(NYSE: SE)andBlock(NYSE: SQ)stand a good chance of producing triple-digit returns from current levels.\nAfter the 2022 bear market, many investors abandoned Sea Limited stock. After rising as high as $372 per share in 2021, Sea had lost more than 90% of its value at one point amid strategic missteps and regulatory setbacks.\nNonetheless, investors now have reason to believe it can regain much of its lost value. For one, it had lost investors by entering markets in Europe and Latin America, where it had less chance of building a competitive moat. With the exception of Brazil, these moves ended with a partial or complete pullout amid considerable losses. Now, it invests more in logistics in its home region of Southeast Asia, where it can reinforce itscompetitive advantage.\nMoreover, its Garena gaming division lost the right to offer its popularFree Firegame in India, a country with more than 1.4 billion people, in 2022. The Indian government\'s Ministry of Home Affairs cited data privacy concerns as the reason for this decision. However, Garena partnered with an India-based hosting and storage company to allay those concerns and believes it is likely on the verge of gaining approval to bringFree Fireback to India, which could revive this long-suffering division.\nAlso, its fintech segment, Sea Money, continues to deliver Sea Limited\'s fastest growth. Assuming the company can address the challenges with the other two segments, the stock could experience massive growth.\nDue to Garena\'s struggles, Sea Limited\'s $13 billion inrevenuein 2023 rose by only 5% year over year. Still, it reported its first yearly profit attributable to shareholders of $151 million, a milestone that reduces the need for outside funding.\nConsensus analyst estimates call for a 116% rise in profits this year and a 159% increase in net income in 2025, presumably on heightened growth expectations. The analyst estimates included several target price increases and two analyst upgrades following the latest earnings announcement. Ultimately, its rising profits should serve as a catalyst that could more than double the stock price.\nAdditionally, a forward P/E ratio of 32, down from over 60 last spring, lowers the risk of buying now, and an approximate share price of $60 per share makes it affordable to small investors. When considering the widening competitive moat in retail and the likely return ofFree Firein India, the rise in Sea Limited stock will likely continue.\nLike Sea Limited, Block earned massive returns in the previous bull market only to watch most of those gains evaporate amid a loss of focus.\nIts Square ecosystem and success with Cash App initially drew investor interest. However, CEO Jack Dorsey\'s move to create a company more oriented toBitcoinand adding non-core operations such as a music streaming business left investors questioning Block\'s priorities.\nFortunately, Dorsey appears to be addressing this issue. On the fourth-quarter 2023 earnings call, he pledged to make improving Square\'s platform his "No. 1 priority" and outlined his top four concerns for Square.\nAs for Cash App, Dorsey wants to make it one of the largest banking services providers for those earning under $150,000 annually. To this end, he plans for Cash App to add more banking-related features, serve families, and build a "social bank" -- a bank designed to foster purpose and a positive impact on society -- for the next generation.\nThis should be welcome news to investors since these two platforms make up over 99% of Block\'s gross profit. Additionally, Block will likely experience more Bitcoin trading activity with the cryptocurrency at record highs.\nSince Block has to treat Bitcoin trading volume as revenue, gross profit may better reflect its top line. To this end, Block\'s 2023 gross profit rose 25% over the previous year and non-GAAP (adjusted) net income rose 84% for the same period.\n[["(in millions)", "2023", "2022", "2021"], ["Gross Profit", "$7,505", "$5,992", "$4,420"], ["Non-GAAP Net Income", "$1,130", "$613", "$675"]]\nSource: Block, Inc. 10-K, 2023.\nLooking forward, analysts expect an 86% increase in profits this year, followed by a 29% rise in 2025 as some analysts raise their price targets.\nDespite these attributes, the stock trades at a forward P/E ratio of 24, down from a high of almost 150 in early 2022. Thus, Block\'s low valuation and its renewed focus on Square and Cash App could help small investors grow their wealth.\nShould you invest $1,000 in Sea Limited right now?\nBefore you buy stock in Sea Limited, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Sea Limited wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nWill Healyhas positions in Block and Sea Limited. The Motley Fool has positions in and recommends Bitcoin, Block, Home Depot, and Sea Limited. The Motley Fool has adisclosure policy.\nGot $1,000? 2 Top Growth Stocks to Buy That Could Double Your Moneywas originally published by The Motley Fool', 'Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about addingBitcoin(CRYPTO: BTC)to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the newspot Bitcoin ETFs.\nAs a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin. Let\'s take a closer look at which billionaires are buying Bitcoin now, and what this new development might mean for the future price of Bitcoin.\nAny talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder ofMicroStrategy(NASDAQ: MSTR). The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company\'s Bitcoin holdings since then.\nSaylor\'s latest move was a new $600 million convertible note offering for MicroStrategy, with the funds being used to buy even more Bitcoin. This comes after a previous $800 million convertible note offering to buy Bitcoin. The company now holds 214,246 Bitcoins, which is slightly more than 1% of all Bitcoin in circulation.\nAnother billionaire at the forefront of the current Bitcoin rally is Larry Fink, the chief executive officer ofBlackRock(NYSE: BLK). As the head of the largest asset manager in the world, Fink has become increasingly bullish in his support for Bitcoin.\nIn August 2022, BlackRock partnered withCoinbase Globalon a new crypto trading platform, and last June, BlackRock was the first major investment firm to file a new spot Bitcoin exchange-traded fund (ETF) application. In less than three months since it has been approved, BlackRock\'s spot Bitcoin ETF has acquired 200,000 Bitcoins.\nAs might be expected, the tidal wave of Bitcoin buying by the new spot ETFs is leading to what some crypto traders have called a "Bitcoin supply squeeze." Simply stated, there\'s just not enough Bitcoin to go around. According to Saylor, there\'s now 10 times as much demand as supply for Bitcoin. As long as this remains the case, the price of Bitcoin seemingly has nowhere to go but up.\nBillionaires, just like the smallest retail investors, are looking for ways to boost their allocations to Bitcoin. In just the past two months, those linked to Bitcoin include Mexican billionaire Ricardo Salinas, the Emir of Qatar (who could be buying for his country\'s sovereign wealth fund), andtech billionaire Jeff Bezos.\nWhile much of this could just be hype and speculation, the situation involving Bezos is particularly interesting. At the end of February, he sold $8.5 billion worth ofAmazonshares. Almost immediately, the crypto community began speculating that he might be gearing up for a big Bitcoin buy, especially after a possible meeting with Michael Saylor.\nIf Bitcoin was formerly a neglected asset class for the world\'s ultra-wealthy, it now has their full attention. In fact, according to Ark Invest, the optimal allocation mix for Bitcoin soared to nearly 20% in 2023. If billionaires around the world decide to move 20% of their investable assets into Bitcoin, then watch out. This could unleash a flood of new money into Bitcoin, pushing up its price.\nBillionaire hedge fund managers are also looking for ways to get exposure to Bitcoin. Unlike most retail investors, they are not just investing in Bitcoin for its upside potential. Primarily, they view it as a hedge against inflation and economic uncertainty. Billionaire Paul Tudor Jones, for example, said last year that Bitcoin could be a hedge against geopolitical risk.\nBut what happens if billionaire hedge fund managers decide to use Bitcoin to make macro bets on the global economy? Say, for example, hedge fund managers lose faith in the U.S. economy, due to unsustainable debt levels and rampant inflation. They might start buying Bitcoin and selling dollar-denominated assets.\nIn one scenario recently proposed by billionaire hedge fund manager Bill Ackman, the price of Bitcoin could "go to infinity" as the U.S. economy collapses. As Bitcoin soars in price, the cost of mining Bitcoin rises, which leads to higher energy prices, which leads to more inflation, which leads to more people betting against the U.S. dollar, which leads to more people buying Bitcoin, and the cycle repeats.\nYikes! That might be the ultimate example of "be careful what you wish for." Sure, your Bitcoin might be worth a lot, but everything else you own would likely be worth a lot less -- or even nothing.\nOr, hedge fund managers might decide to bet against Bitcoin instead. It\'s still possible to find Bitcoin bears who think that we\'re in a huge speculative bubble for crypto right now and that the price of Bitcoin will eventually go to zero. So what if they start making highly leveraged bets against Bitcoin? Maybe it\'s not the U.S. dollar that collapses, but Bitcoin. That, too, would be a case of "be careful what you wish for."\nI\'m increasingly bullish about Bitcoin soaring during the next decade. If billionaires are buying Bitcoin, then that\'s an extremely bullish indicator. Given the limited supply of Bitcoin in the world, buying pressure from deep-pocketed billionaire investors should lead to huge price gains for everyone else.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon, Bitcoin, and Coinbase Global. The Motley Fool has adisclosure policy.\nBillionaires Are Buying Bitcoin: What Does It Mean for the Future Price of Bitcoin?was originally published by The Motley Fool', 'Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about addingBitcoin(CRYPTO: BTC)to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the newspot Bitcoin ETFs.\nAs a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin. Let\'s take a closer look at which billionaires are buying Bitcoin now, and what this new development might mean for the future price of Bitcoin.\nAny talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder ofMicroStrategy(NASDAQ: MSTR). The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company\'s Bitcoin holdings since then.\nSaylor\'s latest move was a new $600 million convertible note offering for MicroStrategy, with the funds being used to buy even more Bitcoin. This comes after a previous $800 million convertible note offering to buy Bitcoin. The company now holds 214,246 Bitcoins, which is slightly more than 1% of all Bitcoin in circulation.\nAnother billionaire at the forefront of the current Bitcoin rally is Larry Fink, the chief executive officer ofBlackRock(NYSE: BLK). As the head of the largest asset manager in the world, Fink has become increasingly bullish in his support for Bitcoin.\nIn August 2022, BlackRock partnered withCoinbase Globalon a new crypto trading platform, and last June, BlackRock was the first major investment firm to file a new spot Bitcoin exchange-traded fund (ETF) application. In less than three months since it has been approved, BlackRock\'s spot Bitcoin ETF has acquired 200,000 Bitcoins.\nAs might be expected, the tidal wave of Bitcoin buying by the new spot ETFs is leading to what some crypto traders have called a "Bitcoin supply squeeze." Simply stated, there\'s just not enough Bitcoin to go around. According to Saylor, there\'s now 10 times as much demand as supply for Bitcoin. As long as this remains the case, the price of Bitcoin seemingly has nowhere to go but up.\nBillionaires, just like the smallest retail investors, are looking for ways to boost their allocations to Bitcoin. In just the past two months, those linked to Bitcoin include Mexican billionaire Ricardo Salinas, the Emir of Qatar (who could be buying for his country\'s sovereign wealth fund), andtech billionaire Jeff Bezos.\nWhile much of this could just be hype and speculation, the situation involving Bezos is particularly interesting. At the end of February, he sold $8.5 billion worth ofAmazonshares. Almost immediately, the crypto community began speculating that he might be gearing up for a big Bitcoin buy, especially after a possible meeting with Michael Saylor.\nIf Bitcoin was formerly a neglected asset class for the world\'s ultra-wealthy, it now has their full attention. In fact, according to Ark Invest, the optimal allocation mix for Bitcoin soared to nearly 20% in 2023. If billionaires around the world decide to move 20% of their investable assets into Bitcoin, then watch out. This could unleash a flood of new money into Bitcoin, pushing up its price.\nBillionaire hedge fund managers are also looking for ways to get exposure to Bitcoin. Unlike most retail investors, they are not just investing in Bitcoin for its upside potential. Primarily, they view it as a hedge against inflation and economic uncertainty. Billionaire Paul Tudor Jones, for example, said last year that Bitcoin could be a hedge against geopolitical risk.\nBut what happens if billionaire hedge fund managers decide to use Bitcoin to make macro bets on the global economy? Say, for example, hedge fund managers lose faith in the U.S. economy, due to unsustainable debt levels and rampant inflation. They might start buying Bitcoin and selling dollar-denominated assets.\nIn one scenario recently proposed by billionaire hedge fund manager Bill Ackman, the price of Bitcoin could "go to infinity" as the U.S. economy collapses. As Bitcoin soars in price, the cost of mining Bitcoin rises, which leads to higher energy prices, which leads to more inflation, which leads to more people betting against the U.S. dollar, which leads to more people buying Bitcoin, and the cycle repeats.\nYikes! That might be the ultimate example of "be careful what you wish for." Sure, your Bitcoin might be worth a lot, but everything else you own would likely be worth a lot less -- or even nothing.\nOr, hedge fund managers might decide to bet against Bitcoin instead. It\'s still possible to find Bitcoin bears who think that we\'re in a huge speculative bubble for crypto right now and that the price of Bitcoin will eventually go to zero. So what if they start making highly leveraged bets against Bitcoin? Maybe it\'s not the U.S. dollar that collapses, but Bitcoin. That, too, would be a case of "be careful what you wish for."\nI\'m increasingly bullish about Bitcoin soaring during the next decade. If billionaires are buying Bitcoin, then that\'s an extremely bullish indicator. Given the limited supply of Bitcoin in the world, buying pressure from deep-pocketed billionaire investors should lead to huge price gains for everyone else.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotl Last 60 Days of Bitcoin's Closing Prices:* [39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-22 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,232,876,382,938 - Hash Rate: 563364908.877183 - Transaction Count: 339533.0 - Unique Addresses: 679058.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- French farmers said they will gradually extend protests across the country until the government responds to their concerns over rising costs and bureaucracy. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Netflix Pays $5 Billion for ‘Raw’ in Bet on Live Events An Isolated Israel Doubles Down on War in Gaza — At All Costs Hong Kong Stocks at 36% Discount Show True Depth of China Gloom “Every minute, we’re hearing that new blockades are being set up,” Arnaud Rousseau, the head of the FNSEA farming union, said on RMC radio on Tuesday. “It can last a day, it can last a week, it can last as long as necessary for answers to be provided.” The farmers are demanding financial support to offset the cost of European Union environmental rules and competition from cheaper imports. They are also struggling with the impact of inflation on energy and fuel prices. Farmers have blocked a highway in southwestern France since late last week. Disruption has now extended to a second highway in the southeast. The protests in France echo similar tensions across the region, including in Germany and the Netherlands, over the paring back of subsidies and the approval of European laws to protect the environment. Far-right parties have latched onto such issues and are using them in their messaging ahead of European Parliament elections set for June. In Paris, union leaders held talks with newly appointed Prime Minister Gabriel Attal and Agriculture Minister Marc Fesneau for about two hours late Monday, after which both sides said they agreed on the diagnosis of the issues facing the industry. “We have to listen, collectively, to the anger that’s being expressed,” Fesneau told reporters after the meeting. “And then we have to try to provide answers very quickly, and that’s what’s at stake in the coming days.” He said some measures would be announced this week. Story continues Speaking shortly before the minister, Rousseau called for measures on issues including prices, commercial negotiations with retailers and the food industry, and fuel taxes. He added that changes are also needed at the European level and urged French President Emmanuel Macron to step in. “I want to reiterate how urgent it is for France to take decisions quickly to give prospects again” to the country’s 400,000 farmers, Rousseau told RMC. European Commission President Ursula von der Leyen is set to kick off meetings with the agricultural sector this week in an attempt to placate farmers’ anger over green policies and subsidy cuts that are putting pressure on the industry, according to people familiar with the matter. The EU has spent €2.5 billion ($2.7 billion) on crisis-related measures to support farmers since 2014 and has allocated more than €260 billion to its massive agricultural fund for the 2023-2027 period, around one-third of the common EU budget French agricultural production, excluding subsidies, totaled €95.5 billion last year, according to statistics agency Insee. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Should I Tell My Colleagues (or My Boss) About My Bipolar Diagnosis? ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/shafiul2', 'Still bullish on BONE? ', 10, '2024-03-22 00:09', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', 'Part of me still is and will probably wait afew more months after BTC halving and then re-evaluate. ', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', '1bkkgzk', [['u/Sir_Spudsingt0n', 12, '2024-03-22 00:17', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/kvys1q9/', 'Holding without a doubt.', '1bkkgzk']]], ['u/gonnadeleteso', "I've seen the light, moving some btc into bch", 37, '2024-03-22 00:22', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', "\n\nhttps://preview.redd.it/cfovrxgttrpc1.png?width=1227&format=png&auto=webp&s=80e4e610b4e78ee229681197d3e4862c4544ae16\n\nLN doesn't work, wasted all of our time.", 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', '1bkkrpq', [['u/fiendishcrypto', 14, '2024-03-22 00:35', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvyv12h/', 'Smart move! And with each day CBDCs get closer, the move will only seem smarter. 💪', '1bkkrpq'], ['u/rareinvoices', 10, '2024-03-22 01:12', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvz117n/', 'So you would be angry if some people decide to store some BCH on an ETF. Because you get to decide how all BCH should be controlled. TY CEO of BCH.', '1bkkrpq']]], ['u/GallopingGazelle1', 'Price suppressed from ongoing supply releases? ', 39, '2024-03-22 00:33', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', 'As an XRP hodler (and believer of its utility), can someone please help me better understand Ripple’s ongoing XRP supply release from escrow? How are we supposed to see meaningful price appreciation based on the amount of supply that continues to be released? \n\nFrom my understanding, only 55% of XRP’s supply cap has been released. Periodically, supply continues to be released from escrow and we should have all supply circulating around 2027 (please correct me if I’m wrong). So, the only way it seems like we’ll have price appreciation is if adoption and demand far exceeds how much we are releasing. In other words, XRP is challenged both on supply and demand….whereas, Bitcoin (for instance) is only challenged on the demand side at this point (with nearly 95% if all possible Bitcoin is already in circulation and the last 5% of supply being released much much more slowly than Ripple’s XRP supply release velocity). ', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', '1bkl0hw', [['u/EmotionalGraveyard', 13, '2024-03-22 00:50', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyxhfx/', 'Couple of things:\n\nFirst of all, it’s a little more complicated than what you’re describing, but you’re right in principle. Thing is, when the 1 billion is released each month, it doesn’t instantly flood the market. A majority - if not all - of it is held. Theoretically though it could be sold, if it’s holders a wanted to. But that and that alone is not really responsible for the price level.\n\nSecond - market cap is wildly misunderstood but there are charts that measure market caps of assets instead of asset price. They do this (among other reasons) to more accurately consider how an asset is doing in the face of increasing supply. Here is a link to the market cap chart for XRP. \n\nhttps://www.tradingview.com/chart/m5khe8w2/?symbol=CRYPTOCAP%3AXRP', '1bkl0hw'], ['u/darthnugget', 16, '2024-03-22 00:57', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyyl74/', "XRP price will increase with it's utility. If I had to guess it would ramp up by 2030. Been holding since 2017.", '1bkl0hw']]], ['u/assouanasanaw', 'Gambling and taxes', 87, '2024-03-22 01:18', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', "Hi guys\n\nI saw another post about this last week but I've lost it so I wanted to start a new discussion (I swear I used the search bar!!)\n\nI bought $100 of crypto last year from EasyCrypto and used it to play on Stake for the last 6 months. I won various amounts and lost various amounts (with the same $100) and today I won enough money that I am looking to withdraw and I want to know how I do this from a taxation point of view.\n\nRight now the won Bitcoin is sitting in my Stake account and I plan to send it to Easy Crypto and then sell it for NZD.\n\nI think this is the right way to go about it (I've been reading) but I don't know if I owe taxes on the original bitcoin purchase (it went up in value since I bought it) or the taxes on the gambling win.\n\nIt was a lot of money to me ($1200) so I am kind of worried\n\nThanks", 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', '1bkm0cq', [['u/Thr3e6N9ne', 18, '2024-03-22 01:26', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/kvz39el/', "That's not considered taxable income, don't worry.", '1bkm0cq']]], ['u/BitcoinIsTehFuture', 'NOTICE: The r/bitcoincash sub has been taken without my consent', 29, '2024-03-22 02:03', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', 'I see some mis-information circulating about this. Here is what happened:\n\nUsers /u/ThomasZander and /u/ShadowOfHarbringer just removed me as the top moderator of r/bitcoincash, effectively changing ownership of the sub. I was not aware they could do this, nor do I wish they did so. I have been the top moderator of that sub since day 1 of its existence, and I guarded it against takeover and threats-- until now. I am no longer able to do this.\n\nThese two users were able to do this because of a rule change Reddit made a few months ago that I was unaware of.\n\nI had been active as a user, regularly logging in. This normally would have been enough to maintain my active status. Prior to this rule change, Reddit would only gave up a sub-reddit if the moderators were inactive as users for more than 90 days. I was not inactive in this way.\n\nReddit changed the rules recently to require moderators to be active with moderator-specific actions, which I had not taken, even though I was active as a user and logging in regularly.\n\nThis is quite disappointing. I haven\'t been able to keep up with all of the moderator rule changes that Reddit has made recently, and it has cost me my sub.\n\nRegarding another /r/bitcoincash mod, /u/althornton2462, what he is saying is true: He removed the censorship of /u/georgedonnelly that /u/ThomasZander and /u/ShadowOfHarbringer put in place. I agree with /u/althornton2462\'s action of unbanning George Donnelly. In my opinion, George should not have been banned from the sub. But regardless, this topic is being used as one of the "reasons" the takeover was "legitimate". It is a sub-topic and does not warrant the taking over of an entire sub. Don\'t let them convince you that this warrants their actions.\n\n/u/althornton2462 described what happened [here](https://www.reddit.com/r/btc/comments/1bkjrrc/comment/kvypb1p/). <-- read this\n\nAlso, for those wondering, /u/althornton2462 is not George Donnelly. I know this from first-hand experience as I am the one who appointed /u/althornton2462 as moderator. All accusations that he is somehow George Donnelly are ridiculous.\n\nI have served to guard the sub for 5 years and keep it in good hands, until that was taken from me today. I can no longer guarantee the security of that sub-reddit.\n\n/u/ThomasZander and /u/ShadowOfHarbringer, I would appreciate being returned to the top moderator position of [r/bitcoincash](https://www.reddit.com/r/bitcoincash/). ', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', '1bkmy0p', [['u/MemoryDealers', 25, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhvsu/', 'I respectfully request that [u/ThomasZander](https://www.reddit.com/user/ThomasZander/)\xa0and\xa0[u/ShadowOfHarbringer](https://www.reddit.com/user/ShadowOfHarbringer/) return r/bitcoincash to u/BitcoinIsTehFuture', '1bkmy0p'], ['u/rareinvoices', 14, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhx7l/', '/u/althornton2462 went too rogue so he needed to go. Cant just come out of hibernation and do whatever he likes.\n\nI think you should have been left as top mod, and you guys should have voted on removing /u/althornton2462 instead. So you guys definitely need mediation now.', '1bkmy0p'], ['u/jonald_fyookball', 13, '2024-03-22 03:52', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzpj8t/', "Completely agree. While I don't think Zander and Shadow are or were bad actors, an attempt to take the subreddit in this way without strong reasons would strike me as misguided at best and I would be inclined to do what I could to dissuade that.", '1bkmy0p'], ['u/pyalot', 35, '2024-03-22 04:20', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztcou/', "u/althornton2462 accuses you of censorship in their post you claim is 100% the truth. So is it true, did you censor in r/bitcoincash?\n\nu/althornton2462 [tried to remove all mods below them](https://www.reddit.com/r/btc/comments/1bkjrrc/thomas_zander_and_shadowofharbringer_just_did_a/kvzplb0/?context=3) in r/bitcoincash, not just u/ThomasZander and u/ShadowOfHarbringer, but did not mention this in their post. They also didn't mention they took unilateral mod action right after waking up without discussion with other mods. Is telling half the truth really the truth?\n\nYou and u/althornton2462 seem to have each others back and endorsement for r/btc mods. However, you tried to remove u/Bitcoinopoly from r/btc mods, who is not part of your quarrel with the other two mods. Why is that?", '1bkmy0p'], ['u/pyalot', 18, '2024-03-22 04:23', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztsb0/', "You've very quickly jumped to back up u/althornton2462 and u/BitcoinIsTehFuture, but there are some unresolved inconsistencies in the story, how do you know they aren't compromised? How do I know you're not compromised?", '1bkmy0p'], ['u/freesid', 18, '2024-03-22 04:34', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzv91q/', "About time BCH is recovering, so let's start another drama. This is stupid all around.", '1bkmy0p'], ['u/pyalot', 20, '2024-03-22 04:36', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzvh0m/', 'u/althornton2462 and u/BitcoinIsTehFuture seem to be acting in concert, and there are unanswered inconsistencies in the story (3-year absence, removal of unrelated mods on both r/bitcoincash and r/btc, omission of facts from incendiary posts, hyper-activity now that u/ThomasZander and u/ShadowOfHarbringer are sound asleep)\n\nI am getting very bad no good sus vibes from this.', '1bkmy0p'], ['u/wisequote', 16, '2024-03-22 05:11', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzztvr/', 'I have no doubt that shadow and Thomas will return it to you and will that they’re absolutely good actors. \n\nGeorge is always stirring drama and working on fracturing the community, so heed my advice and approach the topic or censoring him vs. not with absolute care. Free speech doesn’t mean screaming while everyone is trying to have a civil conversation, and George tends to be very loud and very divisive on any and every topic possible.\n\nThank you for being a great Mod and I am certain masks will fall in due time, but shadow and Thomas are absolutely good souls, and I can vouch for that.', '1bkmy0p'], ['u/MinuteStreet172', 14, '2024-03-22 05:42', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw03d51/', "Aren't you the dude who was inactive for 3 years?\n\nhttps://www.reddit.com/r/btc/s/L26kzdmDrl", '1bkmy0p'], ['u/ShadowOfHarbringer', 20, '2024-03-22 06:46', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw09t0g/', 'Actually, it was Reddit.com that did this, it was an emergency situation, context:\n\nhttps://old.reddit.com/r/ModSupport/comments/1bkdt0z/ok_so_we_have_a_situation_here_an_inactive_mod/\n\nPersonally I have no objections, I am not the top mod. I do not mind being lower in the hierarchy at all.', '1bkmy0p'], ['u/cheaplightning', 16, '2024-03-22 07:07', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0br7j/', 'This seems to be the best take I have read so far. Something stinks', '1bkmy0p'], ['u/ThomasZander', 23, '2024-03-22 07:37', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0eec6/', "Ok, this just got confusing... People are acting WEIRD\n\nFirst, we have an account that came alive after 3 years, first thing it does is unban 1 person. So, yeah, the theory is that this one person managed to buy an account on the black market.\n\nThen it tries to remove other mods and all this without any private discussion. We barely managed to stop this obvious take-over event with the help of reddits new tools. Inactive mods concept.\n\nThen, entirely out of character, BitcoinisTehFuture starts doing much the same! I mean, it could be that he's upset, but in the past all, and I mean ALL, communication was always out of the public view. (PM or modmail).\n\nAnd this account BitcoinisTehFuture tries to remove mods too in rBtc, and backs up the known-to-be-compromised account this started with who stated that they didn't remove the mods we panicked about. Implicitly admitting that BitcoinisTehFuture was the one trying to remove lots of mods on rBitcoinCash...\n\nStatements follow from BitcoinisTehFuture that are plain impossible to make like saying that the althornton account has not been taken over, and is certainly the person he remembers talking to...\n\nIn other words, I will need more than an angry post here to believe that this account hasn't been changing hands on the blackmarket too.\n\nAt this point I'll at minimum wait for cooler heads, less hasty discisions. If BitcoinisTehFuture is truely himself then his claim to fame is that they registered the sub first. They haven't actually done any mod work for many years. More than 3. I was the one that took a sub that had 10 spam posts per good post and after months we started having 20K accounts. After we got going and I got focused on other work, soulMechanic stepped in and he has frankly been the main one working. \n\nIn other words, we managed fine because BitcoinisTehFuture didn't do anything for more than 3 years. If they want to become active again, they can and we can see based on merit and track-record if they are actually who they say they are and move them up again.", '1bkmy0p'], ['u/ShadowOfHarbringer', 17, '2024-03-22 07:48', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0fblb/', "> an attempt to take the subreddit in this way without strong reasons\n\n1. We didn't do this. Reddit.com did.\n\n2. There were super-strong reasons, as in impostor mod suddenly waking up after 3 years and trying to purge all mods except himself. Context:\n\nhttps://www.reddit.com/r/ModSupport/comments/1bkdt0z/ok_so_we_have_a_situation_here_an_inactive_mod/", '1bkmy0p'], ['u/pyalot', 12, '2024-03-22 08:11', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0h7tx/', 'I thought your account would differ substantially. Also note all this against you and Shadow was going on while it was confirmed you where both asleep.\n\nI think it would be helpful if a proper chronology of events and actions could be compiled backed up with evidence far as possible.', '1bkmy0p'], ['u/Ok__Enthusiasm', 10, '2024-03-22 09:32', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0nov6/', "Fuck around, find out. \nWhy didn't you talk to the team that you are back and what you wanted to do first?\n\nThis reeks of account takeover.", '1bkmy0p'], ['u/MobTwo', 11, '2024-03-22 09:34', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0nu4s/', "When George Donnelly was active, he was creating drama and causing conflicts/divide between people. What amazed me is how this community is still having drama/conflicts/divide over this same guy after he's no longer active in this subreddit.\n\nIt's a strong suggestion that the guy brings no positive net value to the ecosystem. We can argue whether he is in or out, but we don't need to argue that the guy brings unnecessary problems/conflicts/drama for the community (because this is exactly what we're witnessing now).", '1bkmy0p'], ['u/LovelyDayHere', 11, '2024-03-22 12:58', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw16vhb/', 'You\'ve been "missing in action" for the longest time in Reddit moderation as well.\n\nBoth of you just became active suddenly around this drama.\n\nThe community should ask for _real evidence_ from both of you that neither of your accounts is compromised.\n\nUntil that transpires, I wouldn\'t support either of you being mods at this point. Not in rbtc, not in rBitcoinCash.\n\nBut I support free speech. More of it.', '1bkmy0p'], ['u/rareinvoices', 11, '2024-03-22 19:33', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw31ty8/', "After seeing your blind support for the troublemaker u/althornton2462 I no longer support you getting the sub back. First thing that guy did was make george donelly a mod on r/BTC if that's not a hostile actor I don't know what is: https://imgur.com/gHO4igM", '1bkmy0p']]], ['u/Friendly-Airline2426', 'How much ETH is enough for you?', 23, '2024-03-22 02:44', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/', 'The mind works in mysterious, yet curious ways. The human being is insatiable, and the truth is that we are never satisfied. We always want more and more. More money, more food, more cars, more clothes, and in this case, more Eth.\n\nGreed is a tricky thing, isn\'t it? It\'s this constant feeling of wanting more. You\'d think that hitting a certain amount of Eth in your wallet would finally make you feel satisfied, but it\'s never that simple. No matter how much you have, there\'s always this nagging feeling that it\'s not enough.\n\nSome of you actually take advantage of price drops, successfully chasing the dips and buying at a discount. Others simply buy what they can, when they can (DCA).\n\nThe problem is not when prices are crabbing, or low(er). The problem is when the God candles start to appear. Squeezes, pumps, you get the point. That voice in your head, constantly screaming that you should have bought more.\n\nBut why are we like this? Why does this happen?\n\nFirst off, greed isn\'t just about wanting stuff. It\'s about validation, about feeling like you\'ve "made it" (lambo). Maybe you grew up with the idea that success equals money, or maybe you\'re just trying to pay your bills, your mortgage, etc. Either way, money becomes this measure of your worth, and you can never really measure up.\n\nThen there\'s the fear factor. In this case, in this market, FOMO. Greed often comes from this fear of not having enough. It\'s like we\'re hardwired to hoard resources, even when we don\'t need them. I get that it might be a survival instinct, yeah. But in today\'s world of abundance, it can get out of control pretty fucking fast.\n\nThe truth is, even if/when you have more Eth than you know what to do with, it\'s never enough. You get a taste of that "Moon", "Lambo" life, and suddenly, you want more. It\'s like an addiction, always chasing that next goal. I know what I\'m talking about, because I\'m a professional gambler. FOMO is one hell of a thing.\n\nNow, onto the big problem that greed brings. The darker side. It\'s not just about wanting more, it\'s about taking from others to get it. Think about all the corruption, exploitation, and inequality in this industry. Look at what governments are doing, look at what institutions are doing. Look at how they use the media to manipulate your feelings, consequently directly affecting the prices. It\'s a vicious cycle, man.\n\nDang, this thread is getting a bit too long. Sorry about that, I just start thinking about things and feel the need to write them down sometimes. Anyway.\n\nSo, how much Eth is enough Eth? Honestly, there\'s no easy answer. It\'s different for everyone. But maybe, just maybe, the real gains lie in appreciating what we already have (?) It\'s about finding joy in the simple things, in connections with others, in experiences that money can\'t buy. I might be getting old...\n\nAlthough the main concept here is Ether, you can interpret it as any other coin/token of your choice. Bitcoin maybe. I decided to talk about Eth because I am an investor, it makes up more than half of my portfolio. And because this is an Eth-related subreddit too.', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/', '1bknsdx', [['u/MasterpieceLoud4931', 11, '2024-03-22 02:47', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/kvzfx2i/', 'Who are you and what have you done with our Airline!! Lol.', '1bknsdx'], ['u/Manateeboi', 12, '2024-03-22 02:55', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/kvzh5db/', 'For me the amount of ETh I’d like to have depends on ETH price in 5-10 years. \n\nIdeally enough ETH to buy a small house on a piece of land in the countryside somewhere nice with enough left over to stake and earn decent passive income. \n\nWhile I think I have a good chunk of ETH I’d love to have more so I don’t have to worry about money in the future.', '1bknsdx']]], ['u/Reader_Discretion', 'Fire station: Watched an hour long news story on Satoshi Nakamoto on a mainstream media channel with the boys.', 66, '2024-03-22 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/', 'I knew there was gonna be a news story on TV about Bitcoin tonight after dinner time. I suggested to my colleagues we should watch it and see what they say. I was surprised to see that 3 of the 11 decided to watch it with me. (They know nothing about Bitcoin other than the bad press we see on TV.)\n\n I was very surprised that the mainstream media channel did a very good job at explaning what Bitcoin is and who might be Satoshi. Very unbiased and no false claim and no mixing Bitcoin with "cryptos". \n\nAt the end of the news story, my captain and 2 other firefighters asked me a bunch of questions about Bitcoin. They want in. I calmed them down, not trying to orange pill them, suggested more reading, education, etc. \n\nThey know im in because they see me read a lot of books about Bitcoin and they used to make fun of me. Now they want to learn a little. I dont think they\'re ready to be true Bitcoiners. I know that if they buy, they\'re not gonna have the conviction to hodl. \n\nThe seed has be planted, we buy Bitcoin at the price we deserve. I have been DCAing Bitcoin for a while and they know. They were surprised to learn that the price went back up to its ATH, they thought it was dead because of all the bad news about BTC that you always see on MSM.\n\nAnyway, goodnight, stay safe and dont orange pill your entourage, plant the orange seed.\n\n ', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/', '1bko7u1', [['u/shutupimlurkingbro', 10, '2024-03-22 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/kw04t63/', 'Why does that bother you? Fireman take your wife?', '1bko7u1'], ['u/_Bitcoin_To_The_Moon', 11, '2024-03-22 10:01', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/kw0pxbm/', '> I calmed them down, not trying to orange pill them, suggested more reading, education, etc. \n\nyou are a real bitcoiner', '1bko7u1']]], ['u/Old-Sound-4420', 'The bitcoin usb he hid ', 63, '2024-03-22 03:24', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/', 'Yeah like if I remember the clip when he checked his hidden stash.. I remember him moving the bitcoin key either near his iMac on its on his i Mac ', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/', '1bkolbn', [['u/sicicsic', 31, '2024-03-22 03:25', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzlkae/', '\nShut up, stupid.', '1bkolbn'], ['u/Old-Sound-4420', 11, '2024-03-22 03:31', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzmgnl/', 'Just laying in bed giggling to myself over the thought of Jessica thinking there physical coins', '1bkolbn'], ['u/Hibachihiddentemple', 19, '2024-03-22 03:35', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzn2dt/', 'The chair, he’s got a few things in there. He got drunk on stream and was bragging that the trolls can’t touch his liquid assets he has acquired', '1bkolbn'], ['u/Old-Sound-4420', 14, '2024-03-22 03:36', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzn8th/', 'Solid point.. dragon will sit on the gold', '1bkolbn'], ['u/Responsible-Fee-7562', 14, '2024-03-22 03:52', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzpkm0/', 'Stop bringing it up man!', '1bkolbn'], ['u/Zestyclose_Donut7686', 16, '2024-03-22 04:28', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzuhef/', 'The wallet is hidden in the cuties screencap folder', '1bkolbn']]], ['u/connectSoul', 'UPDATE ON: how f*cked am i ($30,000+ charge for brush clearance) is there hope?', 204, '2024-03-22 03:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/', 'Hello everyone, I cannot edit my original post since I included a photo by the way of the reddit mobile app so, I\'d like to start of by saying thank you to Nicholas Prange from the u/LAFD for reaching out and giving me useful information, reassuring me during this difficult time, and also reaching out to the inspector to get clarity on the my situation. He has went above and beyond with the way he handled the situation and was also a very kind and understanding person. I feel as if there literally could not ask for a better person to have been there for me in this time and I truly thank him for being kind and understanding of the situation by giving me reassurance and empathy.\n\nMany people suspected that this wasn\'t the full story and yes that is true so I will try to give more a background on both the situation of the $30,000 invoice and myself and my family to clear things up because I am tired of people in the comments making assumptions about me.\n\nTo clear things up I am not the homeowner.\n\nI am the son of the homeowner who is my father.\n\nDuring the period of when this happened (the inspection and brush clearance) I was a 22 year old full time college student who was also working 4 times a week. I truly did not know about the brush being out of compliance until august of that year since my father had said that he had taken care of the situation with the brush and since I didn\'t see any notices from the mail until august in which there a letter attached to my home gate in which, then I was aware of the situation and got into contact with the inspector/instructor and worked with the instructor to attempt to solve the problem.\n\nAlso to give a bit more of background, my father is mentally ill with bi-polar, severe anxiety, ADHD, and etc due to his extremely rough upbringing growing up from his home country and was nearly beat to death by his father (my grandfather) multiple times and mentally abused by my grandfather to an extreme amount by saying that my dad is nothing and can\'t do anything without my grandfather (my father was the main breadwinner for the family when they immigrated here) and almost kept him like a work horse to pump out money. My father literally could not purchase anything of note like a car or motorcycle without begging my grandfather for the money that MY DAD earned, but my grandfather kept it since my dad was never taught to "handle money" and was therefore considered too irresponsible without ever given a chance to learn (which was a self fulling prophecy, my dad is terrible with money).\n\nMy father has had property issues in the past. We were in a 5 year long court battle for it, in which I attended by myself and a lawyer who worked pro-bono for us since she truly believed we were getting screwed, god bless her heart, in which for 2 years I went in place of my father since he was too mentally unwell, after 5 long hard years we finally got the case dismissed albeit without the lien being removed. My fathers mental illness swings from good times to bad times so unfortunately issues like these have happened in the past (we\'ve regularly had the police come to our home weekly and I\'ve been to the hospital multiple times for my dad\'s illness for suicide watch and attempts), but I am praying something like this doesn\'t happen again as I am at my limit for helping out my family (I stayed home and decided to commute to college because of the legal and general family issues and gave up going to a good amount of UC schools and instead went to a CAL state to aid).\n\nTurns out (according to the inspector, when Nicholas Prange talked to me a second time after I called earlier in the day) the bill was supposed estimated to be $100,000 for around 4 days of work (I thought it was be just 1 day but I guess there was a miscommunication since I just opened the gate and let them go to work since I was busy with school and work) since chippers and other machinery were supposedly needed but from what the inspector said, $30,000 was the deal that was given (via the personal connection with the contractor) to my family due to the financial circumstances that we were under (my family is over $200,000 in debt due to a refinance taken during the 5 year long court battle to solve the issues, I told this to the instructor which is why I felt slighted when the bill ended up coming for around $30,000 since that was nowhere near the amount I thought it would be and would have like to have been told instead of being kept in the dark until the bill came).\n\nNow I am not an expert in landscaping contracting but we do have a very sizable property of around 4 acres, in which most of it is hill side. Though I am still not truly sure if it was a $100,000 dollar job reduced to $30,000 for 4 days (i mean that is almost a median average salary). I don\'t think I have much of a choice to disagree in the manner due to not being an expert in the field. Personally I feel that is still pretty hefty but since I am not completely knowledgeable or sure of the true extent of work that was done since I was busy and at school from 9am in the morning till 3 pm on weekdays then would pick up a dinner shifts and work from 5 to 11 or 12 at night, I don\'t know so that\'s that.\n\nCall me stupid or whatever, I was just very stressed out and have had a lot on my plate for these past years of my life starting from a young teenager (i’ve had to take care of bills, talking with the government on the phone for various things such as department of water and power, health insurance, tax assessors for records, courts) and also police starting from age 12 (which is when things started getting really bad for my family, so when someone came and offered assistance and seemed very empathetic to my families situation I truly and utterly trusted them since I really wanted to believe that there was someone who could help lift burdens like these off my shoulders. \n\nHowever, I wish I was told about the cost of the work being done other than being reassured by the inspector that they would do their best to reduce the cost as much as possible when I had asked for an estimate or a much larger head\'s up on how much the work would cost instead of only having a week to try and pay it. We most likely wouldn’t have been able to scrape together $30,000 in 6 months but a disclosure on how much the cost would be beforehand instead of a $30,000 bill that\'s due in a week would have been a lot better than the surprise in the mail I got yesterday (panic attacks are not fun).\n\nStupid of me I know. It should have been taken care of it, but I for one was not aware of the issue (at least until august) since my father said it was taken care of (the brush clearance, I didn\'t know about any other issues at the time), and secondly if it truly was that much of a task we would have needed way more time to do it ourselves other than it having to be done ASAP because it was already past due.\n\nNicholas Prange said that the inspector said that they would get in contact with me to try and get something done to where my family can claim economic hardship and hopefully work out a deal to where it wouldn\'t be $30,000 and I really hope it works out since if that isn\'t the case then my family is really screwed and it would be sent to collections and also become a lien that would be accruing interest and add more debt to my family which would ruin everything I sacrificed for the past 5 years of my life staying at this home instead of running away to another college out of the vicinity and not deal with the stress of all of this.\n\nIt\'s quite funny because that\'s the amount of $30,000, is the around the same amount I paid over the 4 years for taxes and fines out of my own personal pocket (while working and saving money for college) for the 5 year long court case and this was for a 4 day job but my home may have truly been fucked (with other problems? I don\'t have the full information yet as I have not talked to the inspector yet) and it may have been necessary at that cost.\n\nI don\'t know I wish I had more time to consult a third party and get a quota to truly know that was the cost of what it would take to fix the issues instead of being rushed to make a snap decision and blindly trust like I did but I it\'s too late to complain. It\'s a lesson learned for myself at the very least, I am definitely not accepting work to be done without pricing being thoroughly discussed before hand in any situation. Hopefully this prevents a potentially even costlier mistake from me in the future.\n\nI am going to try and trust the u/LAFD and work things out as I truly feel that Nicholas is trying his best to aid me and I want to believe in the good in people since from my previous conversations with the inspector I truly didn\'t get the feel that the inspector was trying to manipulate me for profit and want to truly believe that they were being genuine and wanted to help. I don\'t want to assume that all the talks we had were in bad faith and that the reassurance I was given by at that time by them was just a ploy since that would really mess with me negatively and make me very sad.\n\nThank you for all the people who were trying to give advice and aid in the process. I couldn\'t read all the comments due to the mental distress it was causing me since there were mean comments saying that I deserved what I got and that it was my fault and it was causing me to spiral into suicide idealization, but honestly I don\'t think there\'s just one person to blame here.\n\nIt\'s just a very fucked situation overall. (please try to be nice, I\'m very sensitive)\n\nOnce again thank you again to Nicholas Prange for being an outstanding rep for the LAFD.\n\nP.S. I know this is a long shot but if there is a LA crypto multimillionaire to do some charity I would very much appreciate that HAHA, if I could afford it I would have liked to pay the $30,000 bill if possible but since I am going to school for nursing (I want to help people but also make moneys at the same time) and I am BROKE (the money I paid for fines and taxes in the past wiped up my savings). XD\n\nMy Public Address to Receive BTC: bc1qtc52x0m2hcsfuw7azt5q0s2ssjmdec6m3qzrcl\n\nP.P.S Also if you are wealthy single individual I would be more than ecstatic to offer my services as a house husband! I cook amazingly well (it\'s the one of the few things I am very proud of), can make various cocktails both modern and the classics (I bartended but no longer do anymore after being swung at by a manager a few months ago, I\'m traumatized by the restaurant industry) and I like doing household chores since they are relaxing for me! I can also play guitar and sing you songs to fall asleep to (I\'ve been told I have a nice voice) and am an avid fisherman and can make you sashimi when I come back from fishing trips (who needs Nobu when u got me)!\n\nI do not want to dox myself on this post but I will say that I am a 5\'11" Asian-American 23 year with fluffy hair who\'s been told that I am good looking (not just by my mom) but by a multitude of customers at bars (for example a mom hit on me really hard once while on a dinner date with her daughter and tried to match us up, the daughter was dying of embarrassment and it was funny), friends and strangers (they joke that I look like a K-pop star, but I am most definitely not THAT good looking though. I do think I\'m the cute type though), and I consistently get matches as a guy on dating apps which I hear is difficult as a guy if that means anything. \n\nDownsides are that I have BPD and I\'m not the most timely texter (I text long though!). Sorry I kind of grew up in a difficult family environment but if it means anything I am going to therapy for it and it\'s been getting better (in fact, the 10-year outcome for patients with borderline personality disorder (BPD) is diagnostic remission in 85% to 93%)\n\n\n\nOkay i\'m done memeing (was kind of serious though, iykwim ;P)\n\nTLDR: This situation is a lot more complex than I thought it was and there were miscommunications. The u/LAFD cleared things up with me and we are working towards a solution to where my family is possibly way less screwed then how we are screwed right now. \n\nWe have been offered help and the inspector that I talked to before said that they will guide me through the process of how to fill out an appeal for financial hardship. Though I am not sure how that will turn out. Hopefully for the best…\n\nBut once again, Thank you once Nicholas Prange of the LAFD for being such a big help in getting me in contact with the people I needed to and gave clarity on my family\'s situation. That’s one thing I will absolutely compliment and gush over because if you guys know anything about the government and wait times on the phone, you know how absolutely terrible and long it takes to actually get the information you need or get into contact with people who actually know what to do. Big ups to The LAFD Media Desk!!!\n\n\n\n', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/', '1bkozyv', [['u/ClaxtonOrourke', 93, '2024-03-22 03:47', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzov9h/', 'ok', '1bkozyv'], ['u/ron_burgundy_69', 50, '2024-03-22 03:54', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzpr5x/', 'Congrats I guess lets go to jumbo’s to celebrate', '1bkozyv'], ['u/Throwaway_09298', 110, '2024-03-22 03:57', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzq7j4/', 'I hope you find your sugarmomma and bitcoin billionaire', '1bkozyv'], ['u/mayonnaiseplayer7', 35, '2024-03-22 03:59', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzqirm/', 'Lmfaoooo yeah this was a long post', '1bkozyv'], ['u/sids99', 14, '2024-03-22 04:02', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzqwoi/', "I'm not reading all this 🤷\u200d♀️", '1bkozyv'], ['u/calamititties', 94, '2024-03-22 04:10', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzs0ad/', "I ain't reading all that.\n\nI'm happy for you tho\n\nor sorry that happened.\n\nfr, OP, hope you get this all sorted out in the least painful way possible. Good luck!", '1bkozyv'], ['u/joeshmoe112', 252, '2024-03-22 04:15', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzsp7s/', 'Holy fuck please post a TLDR\n\nI scrolled for like 5 hours. I’m not reading this lmao', '1bkozyv'], ['u/joeshmoe112', 149, '2024-03-22 04:18', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzt2mp/', "Thank fucking god for chat gpt\n\n“ The author thanks Nicholas Prange from u/LAFD for support regarding a $30,000 invoice related to property maintenance. They clarify they're the son, describe family hardships, lack of communication about the invoice's cost, and hope for assistance. The post ends with a humorous request for financial aid and appreciation for Prange's help.”", '1bkozyv'], ['u/LAFD', 155, '2024-03-22 04:20', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvztb55/', 'Hey, that’s two shoutouts from the ChatGPT synopsis! 😂\n^NP', '1bkozyv'], ['u/LAFD', 96, '2024-03-22 04:23', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvztqq6/', 'u/connectSoul Thank you for the very kind words. Glad we could assist in the process and hope you can get some relief during the appeals process. Best of luck!\n^NP', '1bkozyv'], ['u/_MissionControlled_', 77, '2024-03-22 04:38', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvpmu/', "If they are in that much debt and hardship, I'm surprised the IRS has not stepped in and made them liquidate. Friend of mine is horrible with money, got his family into lots of debt, and the IRS gave him one chance with Chapter 13 but he still did not get his act together and the IRS made him sell his house. I felt bad because he has kids.", '1bkozyv'], ['u/SpaceSox', 389, '2024-03-22 04:39', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvvnd/', 'I think your family needs to sit down with a bankruptcy attorney.', '1bkozyv'], ['u/_MissionControlled_', 74, '2024-03-22 04:40', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvxij/', 'Thanks for the update. Your age really explains your naivety. That is no slight against you. I was the same way at 22.', '1bkozyv'], ['u/connectSoul', 18, '2024-03-22 04:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzwn8b/', 'LMFAOOOOO, i did thank you a lot in that long ass post because i really appreciated it HAHA. i guess the AI picked up on that LOL', '1bkozyv'], ['u/connectSoul', 15, '2024-03-22 04:46', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzwqzo/', 'i’ll stealing this and posting it as the Tldr: tldr: thanks', '1bkozyv'], ['u/thomasjmarlowe', 252, '2024-03-22 04:48', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzx0ll/', 'This is the BORU post I’ve been waiting on. \n\nOp- your family should sell that property (sounds like there are all sorts of issues there anyway- maybe a fresh start would be best) and open up a brush clearing business now that you know that’s where all the money is ;)\n\nGood luck with the crypto pitch and the house husbanding, but I feel there are better solutions to your problem. 🤷\u200d♂️', '1bkozyv'], ['u/illaparatzo', 12, '2024-03-22 04:49', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzx57p/', 'Turning their family into renters is probably a very bad idea in the long run', '1bkozyv'], ['u/DirtyDerk93', 78, '2024-03-22 04:51', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzxeft/', 'I find these kind of posts so disingenuous. To OP and everyone else reading this comment. (And not to put flame on OP for not understanding, clarity below since Noone will read the entirety) \n\n\nThis I think serves us all as a reminder that internet etiquette is as important as ever in this day and age and that posting half informations and not fully understood truths can cause massive IRL implications. Huge props to LAFD and the respectable social media handler for being professional, but as an LA local following this it really set a "help I\'m being screwed" narrative from the beginning and the original post had many many negative comments. In this day and age with the internet being primary form of communication you have ensure that the OP is doing the due diligence in finding information and not just putting up a "help me" sign to see if they can sway or use public perception to influence public facing entities to make a beneficial maneuver. I\'m not trying to say OP did this purposefully or that anyone is at fault. Just reminding the populace that, as one of the most dense counties in the United States, on one of the most prone social media platforms, to be mindful of how you post. People might not think it but being such a popular location, on a popular social media site, your quick posts can actually have a significant IRL impact.\n\n\nHow many people saw the OP and used it as confirmation bias in their own personal/political views? It is a rhetorical question meant to make you think about your individual impact on the greater society.\n\n\nI\'m glad OP got clarity. But U/LAFD is not the average social media user. They went above and beyond an already, now found out, above and beyond individual. This is jkt the standard society should adhere to.\n\n\nPlease be mindful of your presentations when posting to any social media platforms. Good luck to OP and thank you to LAFD for also understanding the issue and ensuring they are keeping up with the times. Rant over.\n\n\n\n\nTLDR/ Be mindful of your framing of posts on social media platforms. Do your own research and don\'t just follow the hive mind.', '1bkozyv'], ['u/Substantial-Wear-997', 77, '2024-03-22 04:52', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzxik5/', 'I never said anything about renting. 4 acres is a huge property and could probably provide enough for a smaller space after a sale.\xa0\n\nI don’t know anything about the actual situation, just suggesting downsizing could help.', '1bkozyv'], ['u/Aeriellie', 11, '2024-03-22 05:06', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzz6fk/', 'wow. i’m sorry this is happening. that’s a lot of responsibility for your age and a lot of that stuff should not be on your shoulders. my opinion is that as parents age things will just get worse. sometimes as much as we want to help, the issues just keep coming and we have to take a step back and see what needs to happen for a change to happen. another person mentioned bankruptcy, i’m suggesting selling and finding a smaller place that can be managed better, with no fire risk? idk. i’m sure there are more money secrets that will come out like 401k clean out to gamble? idk lol. i would run both your parents credit and see what else comes up just so you are aware.\n\nabout the house husband thing, idk about that lol but wish you luck. try to find a partner before you graduate college.', '1bkozyv'], ['u/Substantial-Wear-997', 118, '2024-03-22 05:14', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw004pz/', 'Respect and pride have nothing to do with it. If you can’t handle continued hardships and you aren’t able to get your dad to address these issues you will lose it anyway.\xa0', '1bkozyv'], ['u/connectSoul', 16, '2024-03-22 05:28', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw01s8b/', 'i definetly see your point though and it is very valid', '1bkozyv'], ['u/connectSoul', 20, '2024-03-22 05:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw03nsn/', 'no problem! i hope to grow from this and come out a improved person! it’s reassuring knowing that i’m not the only one who is like this, self hate runs deep within me so it’s hard haha. \n\nthank you for the words 💗', '1bkozyv'], ['u/connectSoul', 16, '2024-03-22 05:59', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw055db/', 'ahhh yes, you know how it is then because i am actually in a Korean household as well HAHA. it’s very tough at times, he’s been improving though so hopefully it’s enough! the advice is much appreciated though, thank you and i hope you have a great rest of the night!!', '1bk... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['One of the largest ways in which institutions interact with financial markets is through foreign exchange. LMAX Group provides electronic trading opportunities for institutions as well as cryptocurrency trading. CEO David Mercer discussed his views on the future of crypto onCNBC.\nMercer said that Bitcoin reaching new highs is "inevitable" because of institutional investment, which outweighs selling pressures. He noted that about 900 Bitcoin are mined per day, which is worth between $60 million and $70 million, as opposed to inflows into the exchange-traded funds (ETFs), which reached nearly$700 million in a single dayin early March. According to Mercer, this huge imbalance of supply and demand is driving the price of Bitcoin up.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. owns a share of Bitcoin —how much would $10 get you today?\nAdditionally, Mercer also discussed the upcoming Bitcoin halving, expected in mid-April. This would lower the amount of Bitcoin mined per day by half to around 450, which could further decrease selling pressures and cause Bitcoin to continue going up. However, some, including Mercer, believe that this is already priced into the market.\nHe also made a statement regarding the total size of the crypto market, saying that if "3% of the world\'s assets go to crypto, that would be a $6 trillion asset class." For reference, the entire crypto market is estimated to be worth around $2.5 trillion.\n"You should expect most crypto prices to go north from here, and I think that Ethereum and Solana will follow," Mercer said.\nLooking beyond crypto, Mercer sees tokenization as "the fourth or fifth industrial revolution" and he predicts that "the token economy will be $20 trillion by 2030." He thinks that tokenization is the true underlying benefit of crypto, and he sees Bitcoin as just a "signpost" and a "proof of concept" for tokenization to take off, "which we will be lucky to live through and enjoy."\n"Based purely on supply and demand ... you should see the price of Bitcoin being multiples of what it is today," Mercer said.\nThough Mercer noted that he is not in the business of predicting, he is basing his idea of Bitcoin going up on the assumption that it will continue to be allocated into standard investment portfolios. This could happen sooner than some expected; the largest pension fund, Japan\'s Government Pension Investment Fund (GPIF), recently submitted a request to explore the viability of incorporating Bitcoin into its investment strategy.\nIn terms of the potential for spot Ethereum ETFs, Mercer said that "Bitcoin is the store of value ... the gold of the crypto market. Ethereum is the utility. The oil of the crypto market." He predicted that the Ethereum ETF would happen and be great for Ethereum and the decentralized economy.\nMercer discussed nearly all of the pressing issues relating to crypto, bringing every point back to his bullish stance on the asset class. It will be interesting to see how his predictions play out, particularly his idea that crypto could reach a total market size of $6 trillion.\nRead Next:\n• Bitcoin has jumped another 45% already this year —how much would you need to get started today?\n• Bitcoin to $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLMAX Group CEO Forecasts Bullish Trend: Anticipates Crypto Prices To Surge, Citing Potential $6 Trillion Asset Classoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• US stocks dipped Friday but ended with a gain for the week after the Fed meeting kicked off a rally.\n• Major averages gained for the week as the central bank indicated three rate hikes on tap this year.\n• Bitcoin ETFs saw their worst week of outflows since they debuted in January.\nUS stocks dipped on Friday, but ended the week with a gain, bolstered by a two-day rally that kicked of Wednesday following the Federal Reserve\'s policy meeting.\nThe S&P 500 has rallied 2.3% in the past five days, with the Nasdaq and Dow Jones Industrial Average up 1.7% and 1.6% respectively. The S&P 500 and the Dow each hit back-to-back record closing highs on Wednesday and Thursday.\nOptimism in the week was fueled by dovish Fedspeak that came out of the central bank\'s March meeting. The FOMC\'s latest dot-plot has penciled inthree interest-rate cuts for 2024,in line with traders\' predictions per theCME FedWatch Tool.\nMeanwhile, bitcoin ETFs saw their worst week since they debuted at the beginning of the year, recording four consecutive days of outflows totaling $836 million, per Fundstrat.\nHere\'s where US indexes stood at the closing bell at 4:o0 p.m. on Friday:\n• S&P 500:5,234.18, down 0.14%\n• Dow Jones Industrial Average:39,475.90, down 0.77% (-305.47 points)\n• Nasdaq Composite:16,428.82, up 0.16%\nHere\'s what else is going on:\n• Stock valuationsmirror the extremes of 1929and the market is at risk of a steep crash, legendary investor John Hussman said.\n• "Bond King" Bill Gross warned of AI-driven "excessive exuberance" in stocks, and said he\'s not buying bonds either.\n• Cathie Wood seesbitcoin going as high as $3.8 million.\n• Alphabet is set to pop 15% as Google is aclear winner in AI, Wedbush said.\n• An investment firm says these 2 parts of the marketstill have huge upsideas it sees the best opportunity in 35 years.\nIn commodities, bonds, and crypto:\n• Oil prices dipped, withWest Texas Intermediatedown 0.35% to $80.79 a barrel.Brent crude, the international benchmark, edged lower 0.27% to $85.55 a barrel.\n• Golddipped 0.9% to $2,165.90 per ounce.\n• The10-year Treasury yieldfell five basis points to 4.218%%.\n• Bitcoindropped by 2.79% to $63,565.50.\nRead the original article onBusiness Insider', "Bitcoin(CRYPTO: BTC)has stolen the cryptocurrency spotlight. Its price has soared 125% over the past year due in large part to enthusiasm surrounding spot Bitcoin exchange-traded funds (ETFs). However,Ethereum(CRYPTO: ETH)returned about 80% over the same period, and at least one Wall Street analyst sees bigger gains on the horizon.\nGeoff Kendrick, head of digital assets research at Standard Chartered Bank, believes smart contract technology and spot Ethereum ETFs (if approved) could send the cryptocurrency to $14,000 by 2025. That implies about 310% upside from its current price of $3,400, an enticing figure given the short timeline.\nIs Ethereum worth buying?\nTheEthereumblockchain is programmable, meaning that developers can build self-executing programs called smart contracts on the platform. That technology is the foundation of tokenization and other decentralized finance (DeFi) applications, and the many utilities of smart contracts could increase demand for Ethereum in the coming years.\nTo elaborate, tokenization is the process whereby ownership rights to digital and physical assets are represented as tokens on a blockchain, which itself serves as a digital ledger. Benefits include improved audit transparency because details are automatically and immutably recorded on the blockchain when tokens are transacted. Tokenization could also improve asset liquidity by enabling fractional ownership of assets like real estate, artwork, and other collectibles.\nMore broadly, DeFi platforms could expand access to financial services and reduce the underlying costs by allowing users to borrow, invest, and earn interest on money without intermediaries like banks. That would be particularly valuable in underbanked regions of the world.\nEthereum is the blockchain best positioned to benefit if and when smart contract technology sees greater adoption. I say that because users clearly have a preference for Ethereum. It accounts for 56% of the funds held in DeFi applications, meaning it holds more market share than all the other blockchains combined, according to DeFi Llama. Consequently, demand for the cryptocurrency could soar if DeFi goes mainstream, simply because users must pay transaction fees to interact with products on the blockchain.\nSpot Ethereum ETFs are investment products that (if approved) would provide direct exposure to Ethereum while eliminating the hassle of cryptocurrency exchanges and blockchain wallets. Those funds would greatly reduce friction for individual and institutional investors, which could boost demand for the cryptocurrency and send its price higher.\nIndeed, recently approved spot Bitcoin ETFs illustrate how much demand such investment products could unlock. Specifically, the spot Bitcoin ETFs issued byBlackRockand Fidelity saw greater cash inflows during their first month on the market than any other ETFs launched in the past 30 years, according to Bloomberg Intelligence.\nWith that in mind, seven issuers have submitted applications for spot Ethereum ETFs, including BlackRock and Fidelity. The Securities and Exchange Commission (SEC) must reach a decision by May 23, but investors should not take approval for granted. In fact, James Seyffart at Bloomberg expects the SEC to deny the applications this time around. His assessment is based on the fact that regulators have not engaged with potential issuers to the same degree that they did with spot Bitcoin ETF applicants before approval.\nSmart contract technology is intriguing, and the potential benefits of tokenization and other DeFi use cases are undeniable. However, widespread adoption of Ethereum-based smart contracts is probably a ways off, even in the best-case scenario.\nAdditionally, I doubt spot Ethereum ETFs will win regulatory approval in May. Fortune recently reported that the SEC is investigating the Ethereum Foundation, which oversees the crypto, as part of its push to classify many cryptocurrencies as securities. The outcome could shake the market in unpredictable ways, and it would be unlikely that the SEC would approve spot Ethereum ETFs while the investigation is ongoing.\nFor those reasons, I would avoid Ethereum right now. That does not mean the cryptocurrency will lose value. In fact, Geoff Kendrick may be spot-on with his target of $14,000. However, I see more compelling investmentopportunities in Bitcoinand the stock market.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Popular Cryptocurrency Could Soar 310% by 2025, According to a Wall Street Analyst -- No, It's Not Bitcoinwas originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has stolen the cryptocurrency spotlight. Its price has soared 125% over the past year due in large part to enthusiasm surrounding spot Bitcoin exchange-traded funds (ETFs). However,Ethereum(CRYPTO: ETH)returned about 80% over the same period, and at least one Wall Street analyst sees bigger gains on the horizon.\nGeoff Kendrick, head of digital assets research at Standard Chartered Bank, believes smart contract technology and spot Ethereum ETFs (if approved) could send the cryptocurrency to $14,000 by 2025. That implies about 310% upside from its current price of $3,400, an enticing figure given the short timeline.\nIs Ethereum worth buying?\nTheEthereumblockchain is programmable, meaning that developers can build self-executing programs called smart contracts on the platform. That technology is the foundation of tokenization and other decentralized finance (DeFi) applications, and the many utilities of smart contracts could increase demand for Ethereum in the coming years.\nTo elaborate, tokenization is the process whereby ownership rights to digital and physical assets are represented as tokens on a blockchain, which itself serves as a digital ledger. Benefits include improved audit transparency because details are automatically and immutably recorded on the blockchain when tokens are transacted. Tokenization could also improve asset liquidity by enabling fractional ownership of assets like real estate, artwork, and other collectibles.\nMore broadly, DeFi platforms could expand access to financial services and reduce the underlying costs by allowing users to borrow, invest, and earn interest on money without intermediaries like banks. That would be particularly valuable in underbanked regions of the world.\nEthereum is the blockchain best positioned to benefit if and when smart contract technology sees greater adoption. I say that because users clearly have a preference for Ethereum. It accounts for 56% of the funds held in DeFi applications, meaning it holds more market share than all the other blockchains combined, according to DeFi Llama. Consequently, demand for the cryptocurrency could soar if DeFi goes mainstream, simply because users must pay transaction fees to interact with products on the blockchain.\nSpot Ethereum ETFs are investment products that (if approved) would provide direct exposure to Ethereum while eliminating the hassle of cryptocurrency exchanges and blockchain wallets. Those funds would greatly reduce friction for individual and institutional investors, which could boost demand for the cryptocurrency and send its price higher.\nIndeed, recently approved spot Bitcoin ETFs illustrate how much demand such investment products could unlock. Specifically, the spot Bitcoin ETFs issued byBlackRockand Fidelity saw greater cash inflows during their first month on the market than any other ETFs launched in the past 30 years, according to Bloomberg Intelligence.\nWith that in mind, seven issuers have submitted applications for spot Ethereum ETFs, including BlackRock and Fidelity. The Securities and Exchange Commission (SEC) must reach a decision by May 23, but investors should not take approval for granted. In fact, James Seyffart at Bloomberg expects the SEC to deny the applications this time around. His assessment is based on the fact that regulators have not engaged with potential issuers to the same degree that they did with spot Bitcoin ETF applicants before approval.\nSmart contract technology is intriguing, and the potential benefits of tokenization and other DeFi use cases are undeniable. However, widespread adoption of Ethereum-based smart contracts is probably a ways off, even in the best-case scenario.\nAdditionally, I doubt spot Ethereum ETFs will win regulatory approval in May. Fortune recently reported that the SEC is investigating the Ethereum Foundation, which oversees the crypto, as part of its push to classify many cryptocurrencies as securities. The outcome could shake the market in unpredictable ways, and it would be unlikely that the SEC would approve spot Ethereum ETFs while the investigation is ongoing.\nFor those reasons, I would avoid Ethereum right now. That does not mean the cryptocurrency will lose value. In fact, Geoff Kendrick may be spot-on with his target of $14,000. However, I see more compelling investmentopportunities in Bitcoinand the stock market.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Popular Cryptocurrency Could Soar 310% by 2025, According to a Wall Street Analyst -- No, It's Not Bitcoinwas originally published by The Motley Fool", 'The bullish sentiment in the market is leading some investors to look at risk-on assets. Bitcoin may be an option, but for investors who prefer to stay in stocks, it may be time to look for some of the analysts’ favoritepenny stocks.\nThe equity markets liked what they heard from Federal Reserve Chair Jerome Powell at the end of the Fed’s March meeting. While an exact date was not given, investors got confirmation that the Fed still plans up to three interest rate cuts this year.\nThat is allowing investors to step on the gas in a hunt for growth. Penny stocks become popular at times like this because these stocks typically have small market caps which tend to lead the way as investors move away from the safety ofblue-chip stocks.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThis is still a risky sector, but analysts have designed these seven companies as some of their favorite penny stocks. While they may not receive much analyst coverage, the analysts that cover them are decidely bullish.\nSource: Walter Cicchetti / Shutterstock.com\nPetco Health and Wellness(NASDAQ:WOOF) stock is down more than 80% in the last 12 months. However, this may be a situation where analysts believe the only way to go is up.\nThe company is going through a change in the C-suite with R. Michael Mohan, formerly ofBest Buy(NYSE:BBY) replacing outgoing chief executive officer (CEO) Ron Coughlin. The move comes at a time when Petco is trying to reinvent itself as a company.\nThere’s little doubt that pet owners are willing to spend on their pets. The problem is that this is a crowded sector with several established competitors likeChewy(NYSE:CHWY) that have a well-established e-commerce niche.\nTo deal with that Petco is moving more aggressively into the health and wellness sector. This includes apartnership withNationwideto provide pet insurance.\nTwelve analysts have issued a price target on WOOF stock. The consensus price of $2.95 is 49% higher than the stock’s price as of March 21, 2024. And out of 14 analysts that offer a rating,4 give it a Strong Buy.\nSource: Vitalii Vodolazskyi / Shutterstock\nGranite Point Mortgage Trust(NYSE:GPMT) is a registered real estate investment trust (REIT) specializing in commercial real estate financing in Manhattan. GPMT stock is down 78% in the last five years, but every stock chart tells a story and there’s more context in play here.\nSince falling to a low of $2.67 in April 2020, GPMT stock is up 84%. In that time the company has paid off $275 million in convertible bond maturities and bought back approximately two million shares.\nMore significantly, as is the case with REITs, the company continues to issue a dividend that currently yields 16.23% with a payout of 80 cents per share so investors who own $10,000 of GPMT stock will receive $6,490 in passive income annually.\nOn March 20,UBS Groupreiterated its Buy rating on GPMT stock and lowered its price target from $6.50 to $6.00. However, that price target is still more than 20% higher than the stock’s closing price of $4.93 on March 21, 2024.\nSource: shutterstock.com/Champhei\nIf you’re looking for some favorite penny stocks, you’ll probably find a few biopharmaceutical stocks. That’s the case withNextCure(NASDAQ:NXTC). This is a pre-revenue company that most recently made news in December 2023. At that time the company announced that it was prioritizing LNCB74, the company’s first antibody drug conjugate (ADC) candidate that NextCure is developing in partnership with LegoChem Biosciences.\nLike many clinical-stage biopharma companies, the issue for NextCure is cash. It needs a lot of capital to get its existing candidates through the trial stage and is actively seeking partnerships to do just that. In the meantime, the company is on track tosubmit an Investigational New Drug (IND) application for LNCB74by the end of the year.\nNXTC stock isn’t widely covered by analysts. However, the sentiment is largely bullish. Three analysts give the stock a consensus price target of $4 andfour analysts give the stock a Strong Buy rating.\nSource: luchschenF / Shutterstock.com\nDiaMedica Therapeutics(NASDAQ:DMAC) is another clinical-stage biopharmaceutical company that makes this list of favorite penny stocks. The company has a series of drugs at various stages including one in late-stage trials.\nThe primary concern with DiaMedica as it is with many companies that are still in growth mode is cash burn. It’s not that the company would have trouble raising the cash through a share offering, but that would dilute current shareholders.\nStill, with biopharmaceutical companies, you have to play the long game. The company’slead treatmentis for acute ischemic stroke which afflicts over 7.5 million people globally every year. The company\xa0also has started trials for\xa0its cardio renal disease and severe inflammatory disease candidates.\nThree analysts have a Strong Buy rating on the stock. Theconsensus price target of $7gives DMAC stock 160% upside.\nSource: Chompoo Suriyo / Shutterstock.com\nTeraWulf(NASDAQ:WULF) is a developer, owner, and operator of Bitcoin mining facility sites. It follows then that the company’s performance tracks with the resurgence ofBitcoin(BTC-USD). As Alex Sirois recently wrote, TeraWulf’s claim to fame is “as anenvironmentally clean Bitcoin miner” with 91% of its mined Bitcoin powered by zero-carbon energy sources.\nThe company released its preliminary full-year 2023 guidance and forecasts revenue of $69 million which is nearly five times better than the $15 million it generated in 2022.\nThis has allowed the company to improve its fundamentals starting with over$50 million of debt reduction. The company did not post a profit in the fourth quarter of 2023, but is expected to do so in 2024.\nOnly four analysts have offered a rating on WULF stock, butall four give the company a Strong Buy ratingwith three analysts having a consensus price target of $3.88, a 62% improvement from the stock’s price at the time of this writing.\nSource: photo_gonzo / Shutterstock.com\nAt $4.98,Payoneer Global(NASDAQ:PAYO) is almost out of penny stock range. However, it’s covered by a surprising number of analysts. All 10 analysts that have offered a rating on PAYO stock give it a Strong Buy rating.\nThe fintech company offers many services for businesses including cross-border payments. That immediately brought to mind cryptocurrency. Payoneerdoes not allow users to buy cryptocurrencydirectly, but they can use Payoneer through one of several approved crypto exchanges.\nThe company is going to post their first full year of profitability and revenue is increasing on a year-over-year basis. Furthermore, analysts are forecating 54% year-over-year earnings growth in the next 12 montns. The company is likely to be impacted when the Fed lowers interest rates. However, at 22x forward earnings, PAYO looks attractively priced.\nSource: Archi_Viz via Shutterstock\nPurple Innovation(NASDAQ:PRPL) seemed like an odd choice on a list of favorite penny stocks. Nevertheless, PRPL stock is up 59% through March 21, 2024 and analysts are lining up behind the stock.\nIn January, the company announced that it hadrestructured its debt. At the time, the company said this would give it the financial flexibility to execute its growth plans. In the company’s fourth quarter and full-year 2023 earnings report, it appears that revenue, at least, may be heading in the right direction.\nThe concern here, as with many penny stocks, is profitability. The company did a brisk business in 2020 and 2021, but those days are long gone.\nPurple went public in October 2015. This is the first time the company is dealing with a prolonged time of non-ZIRP monetary policy. Because it heavily relies on a healthy consumer and a robust housing market, it stands to benefit from lower interest rates. Nevertheless, until that time comes, PRPL stock remains a risk, but it may be one worth taking.\nOn the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nChris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWall Street’s Favorite Penny Stocks? 7 Names That Could Make You Filthy RichÂappeared first onInvestorPlace.', "If you look at the major indexes, you'll see that the stock market is in record territory. This bullish sentiment has also crept into the more speculative digital asset space. The cryptocurrency market is currently valued at $2.5 trillion, near its all-time high.\nCall it a bubble if you want. But the monster recent performance of digital tokens,Bitcoin(CRYPTO: BTC)in particular, can't be ignored. The world's most valuable cryptocurrency has skyrocketed 308% since the start of 2023 (as of March 21). And even though it currently sits 9% below its all-time high of $73,750, which was set on March 14, it has soared 61% just this year.\nAs the months and years pass, there are fewer and fewer investors who haven't heard of Bitcoin. But there are still lots of investors who don't own it.\nShould you buy this top cryptocurrency while it's at $67,000? Let's explore Bitcoin and its prospects even at its near highs.\nBitcoin's recent price action is a microcosm of its long-term volatility. Huge price swings, at least when compared to stocks, are normal. But over long periods, this digital asset has certainly soared.\nThis year is shaping up to be one of the most favorable backdrops for Bitcoin to continue rising in value. There are three key factors investors should know about. A valid argument can be made the anticipation of these events has already helped to propel Bitcoin.\nThe first development was the highly anticipated approval ofspot exchange-traded funds. These investment vehicles not only legitimized Bitcoin as a financial asset in the eyes of regulators and asset managers, but there is now a seamless way for individuals and institutions to gain exposure.\nThen there's theupcoming halving, an event that will reduce new Bitcoin supply that enters the market. Historically, the digital asset has gone on an impressive run in the 12 to 18 months following a halving, as demand outstrips new coin production. This might be the case again.\nAnd finally, there is a lot of talk about theFederal Reserve cutting interest ratesmultiple times in 2024. It all depends on the trends that play out with inflation. But lower rates and a more accommodative central bank don't directly impact asset prices. They do, however, encourage savers and investors to seek out riskier holdings to achieve adequate returns. And this could lead to more capital going to Bitcoin.\nIt's important to ask why Bitcoin has any value for people to begin with. I think it's pretty straightforward.\nFor the first time in digital form, there's an asset out there with a fixed supply cap that anyone in the world can buy and hold (assuming they have funds to invest and internet access). Someone in a democracy like the U.S. is accustomed to the developed payments and financial infrastructure traditional banks provide. But someone who operates in a system of weak payments and financial infrastructure under a totalitarian regime like Venezuela could find value in an open, decentralized, and censorship-resistant asset.\nAnd like any other currency, Bitcoin is given worth by its users. As long as there is a demand for Bitcoin, it will remain a store of value.\nNonetheless, critics might say that Bitcoin is worthless, as they point to it being nothing but fake internet money. That argument might make sense on the surface. Still, there's a reason that Bitcoin has continued to bounce back from lows to reach new highs, despite all of the adverse geopolitical, macroeconomic, and industry-specific events that have occurred over the past 15 or so years. It has proven resilient, and people all over the world have shown a heightened interest in wanting to own it.\nThe best time to have purchased Bitcoin was in 2009. The second best time is right now, while it's at $67,000. There is still plenty of upside in the next decade and beyond.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's $67,000?was originally published by The Motley Fool", "If you look at the major indexes, you'll see that the stock market is in record territory. This bullish sentiment has also crept into the more speculative digital asset space. The cryptocurrency market is currently valued at $2.5 trillion, near its all-time high.\nCall it a bubble if you want. But the monster recent performance of digital tokens,Bitcoin(CRYPTO: BTC)in particular, can't be ignored. The world's most valuable cryptocurrency has skyrocketed 308% since the start of 2023 (as of March 21). And even though it currently sits 9% below its all-time high of $73,750, which was set on March 14, it has soared 61% just this year.\nAs the months and years pass, there are fewer and fewer investors who haven't heard of Bitcoin. But there are still lots of investors who don't own it.\nShould you buy this top cryptocurrency while it's at $67,000? Let's explore Bitcoin and its prospects even at its near highs.\nBitcoin's recent price action is a microcosm of its long-term volatility. Huge price swings, at least when compared to stocks, are normal. But over long periods, this digital asset has certainly soared.\nThis year is shaping up to be one of the most favorable backdrops for Bitcoin to continue rising in value. There are three key factors investors should know about. A valid argument can be made the anticipation of these events has already helped to propel Bitcoin.\nThe first development was the highly anticipated approval ofspot exchange-traded funds. These investment vehicles not only legitimized Bitcoin as a financial asset in the eyes of regulators and asset managers, but there is now a seamless way for individuals and institutions to gain exposure.\nThen there's theupcoming halving, an event that will reduce new Bitcoin supply that enters the market. Historically, the digital asset has gone on an impressive run in the 12 to 18 months following a halving, as demand outstrips new coin production. This might be the case again.\nAnd finally, there is a lot of talk about theFederal Reserve cutting interest ratesmultiple times in 2024. It all depends on the trends that play out with inflation. But lower rates and a more accommodative central bank don't directly impact asset prices. They do, however, encourage savers and investors to seek out riskier holdings to achieve adequate returns. And this could lead to more capital going to Bitcoin.\nIt's important to ask why Bitcoin has any value for people to begin with. I think it's pretty straightforward.\nFor the first time in digital form, there's an asset out there with a fixed supply cap that anyone in the world can buy and hold (assuming they have funds to invest and internet access). Someone in a democracy like the U.S. is accustomed to the developed payments and financial infrastructure traditional banks provide. But someone who operates in a system of weak payments and financial infrastructure under a totalitarian regime like Venezuela could find value in an open, decentralized, and censorship-resistant asset.\nAnd like any other currency, Bitcoin is given worth by its users. As long as there is a demand for Bitcoin, it will remain a store of value.\nNonetheless, critics might say that Bitcoin is worthless, as they point to it being nothing but fake internet money. That argument might make sense on the surface. Still, there's a reason that Bitcoin has continued to bounce back from lows to reach new highs, despite all of the adverse geopolitical, macroeconomic, and industry-specific events that have occurred over the past 15 or so years. It has proven resilient, and people all over the world have shown a heightened interest in wanting to own it.\nThe best time to have purchased Bitcoin was in 2009. The second best time is right now, while it's at $67,000. There is still plenty of upside in the next decade and beyond.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's $67,000?was originally published by The Motley Fool", "While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher.\nThis graphic,via Visual Capitalist's Marcus Lu,shows the public companies that own the most bitcoin, based on data fromCoinGecko.\nAs the world’s largest corporate owner of bitcoin, MicroStrategy holds 174,530 bitcoin valued at an estimated$9.1 billionas of February 22, 2024.\nHeadquartered in Virginia, the intelligence software firm first began buying bitcoin in 2020 and has since grown its holdings to become roughly 10 times bigger than the next highest corporate owner. MicroStrategy shares soared over 350% in 2023 thanks to its scale of bitcoin holdings.\nHere’s who holds the most bitcoins globally across public companies as of February 22, 2024:\nTesla is the fourth-largest owner on the list, with bitcoin holdings worth$546.7 million.\nIn 2021, the company announced that it bought $1.5 billion in bitcoin to help boost the company’s bottom line. It also served as a way to provide liquidity to customers who could buy its products with the cryptocurrency. Yet the following year, the company sold a large share of its holdings at a steep loss during the crypto crash.\nTwo Canadian companies, Hut 8 and Hive Blockchain, are top holders of bitcoin. These cryptocurrency mining companies have seen their shares surge over 191% and 144%, respectively.\nWith even stronger returns, bitcoin miner CleanSpark saw its shares boom over 425% in 2023. This year, the company announced plans to purchase four new facilities for mining bitcoin. Three of these are located in Mississippi, purchased for a total of $19.8 million.\nAs bitcoin climbs to fresh record highs, corporate interest in bitcoin may continue to increase in tandem with a wider scope of buyers. Newly regulatedspot bitcoin ETFshave also fueled demand, leading bitcoin’s market cap to hit $1 trillion for the first time since 2021.\nIn fact, as the chart above shows, BlackRock's BTC ETF (IBIT) now holds more bitcoin than MSTR.\nBy Zerohedge.com\nMore Top Reads From Oilprice.com:\n• UK Economy Outperforms Despite Inflationary Pressure\n• EU Proposes Using Profits from Seized Russian Assets to Aid Ukraine\n• America Is Growing Wary of the Renewable Energy Boom\nRead this article on OilPrice.com", "While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher.\nThis graphic,via Visual Capitalist's Marcus Lu,shows the public companies that own the most bitcoin, based on data fromCoinGecko.\nAs the world’s largest corporate owner of bitcoin, MicroStrategy holds 174,530 bitcoin valued at an estimated$9.1 billionas of February 22, 2024.\nHeadquartered in Virginia, the intelligence software firm first began buying bitcoin in 2020 and has since grown its holdings to become roughly 10 times bigger than the next highest corporate owner. MicroStrategy shares soared over 350% in 2023 thanks to its scale of bitcoin holdings.\nHere’s who holds the most bitcoins globally across public companies as of February 22, 2024:\nTesla is the fourth-largest owner on the list, with bitcoin holdings worth$546.7 million.\nIn 2021, the company announced that it bought $1.5 billion in bitcoin to help boost the company’s bottom line. It also served as a way to provide liquidity to customers who could buy its products with the cryptocurrency. Yet the following year, the company sold a large share of its holdings at a steep loss during the crypto crash.\nTwo Canadian companies, Hut 8 and Hive Blockchain, are top holders of bitcoin. These cryptocurrency mining companies have seen their shares surge over 191% and 144%, respectively.\nWith even stronger returns, bitcoin miner CleanSpark saw its shares boom over 425% in 2023. This year, the company announced plans to purchase four new facilities for mining bitcoin. Three of these are located in Mississippi, purchased for a total of $19.8 million.\nAs bitcoin climbs to fresh record highs, corporate interest in bitcoin may continue to increase in tandem with a wider scope of buyers. Newly regulatedspot bitcoin ETFshave also fueled demand, leading bitcoin’s market cap to hit $1 trillion for the first time since 2021.\nIn fact, as the chart above shows, BlackRock's BTC ETF (IBIT) now holds more bitcoin than MSTR.\nBy Zerohedge.com\nMore Top Reads From Oilprice.com:\n• UK Economy Outperforms Despite Inflationary Pressure\n• EU Proposes Using Profits from Seized Russian Assets to Aid Ukraine\n• America Is Growing Wary of the Renewable Energy Boom\nRead this article on OilPrice.com", "Singapore , March 23, 2024 (GLOBE NEWSWIRE) -- HAG, the first-ever SEC-filed security token specializing in Bitcoin mining and offering monthly WBTC net yield distribution, has announced a series of significant milestones. These advancements highlight HAG's commitment to setting new benchmarks in transparency and value for investors in the Bitcoin mining domain.\nDeployment Marks the Beginning of Mining Operations\nThe deployment of S21 mining machines in a US-based facility on February 1st marked HAG's official entry into Bitcoin mining. This strategic move is a testament to HAG's ambition to emerge as a leading entity in the Bitcoin mining industry, leveraging the latest technology to maximize efficiency and outcomes.\nInaugural WBTC Dividend Distribution Sets a Precedent\nOn March 7th, HAG made headlines with its first net yield WBTC distribution through INX, showcasing its dedication to providing net yield in WBTC to its investors. The distribution of 0.75143226 WBTC is a clear indicator of HAG's efforts to democratize access to Bitcoin mining profits and enhance investor value.\nHAG Tokens Now Trading on INX Exchange\nFurther expanding its reach, HAG tokens were listed on the INX Exchange on March 14th. This move opens up new avenues for secondary trading and provides global investors with additional opportunities to engage with HAG.\nAnticipation Builds for Second STO Batch Amid Bull Market\nAs we step into 2024, the crypto market is witnessing a remarkable bull run, with Bitcoin's ecosystem thriving like never before. In this vibrant market scenario, HAG is poised to unveil its second batch of Security Token Offerings (STOs) towards the end of March or in early April. This move is not just an expansion but a strategic step forward, leveraging the current market's momentum.\nHAG's innovative approach to Bitcoin mining, coupled with the sector's burgeoning growth, showcases the vast potential lying ahead. The flourishing Bitcoin ecosystem, complemented by HAG's robust framework and strategic milestones, sets the stage for unprecedented opportunities and growth. As HAG navigates through this thriving landscape, its commitment to innovation, transparency, and value for stakeholders positions it as a beacon of potential in the Bitcoin ecosystem.\nAbout Hashrate Asset Group\nHashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.\nWebsite:https://www.hagsto.com/\nTwitter:https://twitter.com/HashrateAsset\nTelegram:https://t.me/HashrateAsset\nMedium:https://medium.com/@HAGSTO\nYoutube:https://www.youtube.com/@HashrateAssetGroup\nCompany: Hashrate Asset Group\nContact Person: Alpaga YANG\nEmail: [email protected]\nWebsite:https://www.hagsto.com/\nTelephone: +65 80388730\nCity: Singapore\nDisclaimer:The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nCONTACT: Alpaga YANG Hashrate Asset Group contact at hagsto.com", "Singapore , March 23, 2024 (GLOBE NEWSWIRE) -- HAG, the first-ever SEC-filed security token specializing in Bitcoin mining and offering monthly WBTC net yield distribution, has announced a series of significant milestones. These advancements highlight HAG's commitment to setting new benchmarks in transparency and value for investors in the Bitcoin mining domain.\nDeployment Marks the Beginning of Mining Operations\nThe deployment of S21 mining machines in a US-based facility on February 1st marked HAG's official entry into Bitcoin mining. This strategic move is a testament to HAG's ambition to eme Last 60 Days of Bitcoin's Closing Prices: [39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-23 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,272,956,394,725 - Hash Rate: 650999450.2580782 - Transaction Count: 326610.0 - Unique Addresses: 622559.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite all the hoopla surroundingBitcoin(CRYPTO: BTC)and the new spot Bitcoin ETFs, the overall crypto market has been trading flat to down for much of the year. In fact, if you take a look at the top 20 cryptocurrencies by market cap, there is only one that's up more than 20% for the year. Most likely, the name of that crypto will surprise you. It'sChainlink(CRYPTO: LINK), now up 21% in 2024. On the strength of that recent performance,Chainlinkhas now edged outDogecoin(CRYPTO: DOGE)to become the #10 cryptocurrency by market cap. At a price of just under $20 per token, Chainlink is close to hitting a two-year high. So is this overlooked cryptocurrency now worthy of a place in your portfolio? First, let's look at why Chainlink has been soaring of late. While it's possible to point to several short-term technical factors pushing Chainlink higher, the token may finally have a new long-term catalyst in place. That catalyst is real-world asset tokenization, or RWA tokenization. That's a mouthful, to be sure, but it has the potential to become one of the most important trends powering the blockchain space for years to come. Simply stated, RWA tokenization refers to the process of transforming traditional assets (such as stocks and bonds) into digital assets that live on the blockchain. This is now one of the "big ideas" on Wall Street, and it has been promoted by the likes of Larry Fink, the CEO of investment juggernautBlackRock(NYSE: BLK). At the same time,Coinbase Global(NASDAQ: COIN)has been taking early steps to see how these tokenized assets might be added to its crypto trading platform. According to the Boston Consulting Group (BCG), asset tokenization could be a $16 trillion market opportunity by 2030. So the big question becomes: Which cryptocurrencies are going to be at the center of that trend? According to a recent report from K33 Research, the "safest bet" right now is Chainlink. That's because Chainlink is ablockchain oracle network, with the primary purpose of supplying real-world data to blockchain smart contracts. And what do financial assets need to be priced correctly? Lots of real-world data. That's why Chainlink fits so nicely into the overall asset tokenization narrative. While this sounds like the makings of a fantastic investment thesis, my only concern is that we've seen this story before with Chainlink. During the last crypto bull market rally, in 2020 through 2021, Chainlink was at the very center of the decentralized finance (DeFi) trend. Since smart contracts are one of the cornerstones of DeFi, and since Chainlink supplies data to smart contracts, it only made sense that Chainlink would ultimately soar in value as the DeFi narrative gained steam. And indeed, Chainlink skyrocketed in value, from a price of $5 in March 2020 to a price of over $50 in May 2021. That's a tenfold return on investment in just over a year! But the price eventually collapsed to below $10, and traded there until last October (when the K33 Research report came out). For that reason, I'm not recommending Chainlink as the first crypto in your portfolio. It's simply too risky. But there is a potential role for Chainlink in terms of overall portfolio diversification. As we're seeing now, Chainlink is a rare crypto that can zig while the rest of the crypto market zags. Moreover, if the asset tokenization trend takes off, then Chainlink could provide enormous value to patient long-term investors. There's something very exciting about getting in early on a trend that could be worth $16 trillion. That being said, keep your expectations for Chainlink in check and maintain a long-term outlook. For now, Chainlink may be too risky and speculative for most investors. But it has certainly earned a place on my investment radar. If the asset tokenization trend really does take off, then Chainlink could soar well beyond its all-time high of $53. Should you invest $1,000 in Chainlink right now? Before you buy stock in Chainlink, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Chainlink wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of February 5, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Coinbase Global. The Motley Fool has adisclosure policy. Looking for a Bitcoin Alternative? This Overlooked Cryptocurrency Is Already Up 20% in 2024was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/y2kdisaster', 'Are there any good common legal psychedelics?', 15, '2024-03-23 00:08', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', 'I went to a smoke shop and asked if they had anything to get me high other than weed based products. The guy suggested some vape called shroomz, said if apparently felt like shrooms without visuals. I tried it and it was dead ass delta8, nothing more. \n\nJust wondering if there is a common legal psychedelic that may be weaker but similar. Like how delta8 is weaker legal weed. \n\nI used to do some synthetic shrooms a few years ago but I had to buy it from some Canadian website and pay with bitcoin… I’d rather get something more easily accessible. ', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', '1bld27y', [['u/Avatar_sokka', 16, '2024-03-23 01:51', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4szcm/', "Don't even bring up Datura, you don't wanna put ideas into people's heads, its extremely dangerous and even if it doesnt straight up kill you, it can cause permanent brain damage, psychosis, ptsd... There is never a reason for anyone to ever do Datura, period.\n\nThis isnt really towards you or anything, I just wanted to emphasize how insanely dangerous datura is.", '1bld27y'], ['u/swedgemite666', 18, '2024-03-23 02:23', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4xssx/', 'don\'t listen to any of these idiots telling you to take Salvia, datura, fly agaric, dxm, or "gas station weed". holy fuck any of those are a recipe for a bad time. shiity drugs.\n\nfind some real legal psychedelics here. I like their 4 ho met as its like a mix of mushrooms and lsd. very visual but not a huge mental load either', '1bld27y']]], ['u/pyalot', 'u/althornton2462 banned u/Veterinarian599', 31, '2024-03-23 00:09', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', 'u/althornton2462 banned u/Veterinarian599\n\nhttps://www.reddit.com/r/Bitcoincash/comments/1blci9w/ive_been_banned_from_rbtc_by_althornton2462/\n\nThe ban message was „ breaking Reddit ToS“ but no explanation. The user was not warned about what type of conduct they should abstain from. Reading their recent comments, I can guess what the offense was.\n\nThough it has me wondering, would they be treated this way if they where not extremely critical of the new mod team and u/althornton2462 in particular? Probably not. So there you go, the politicaly motivated purges by way of strict application of mod rules to undesirables have already begun, just like they did in r/bitcoin under u/theymos rule.\n\nWhat was that about erring on the side of free speech and no censorship in r/btc, ah you the sweet smell of hypocrisy.\n\n[vote here if u/althornton2462 should be removed as mod](https://www.reddit.com/r/btc/comments/1bl0f9b/poll_should_ualthornton2462_step_downbe_removed/)', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', '1bld2v3', [['u/LordIgorBogdanoff', 10, '2024-03-23 00:11', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4dpil/', "It's Joever.", '1bld2v3'], ['u/Alex-Crypto', 25, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f1il/', 'CENSORSHIP!!!! /u/althornton2462!!!!! /u/memorydealers!!!!!\n\nCENSORSHIP HAS BEGUN IN FULL!!!! Takeover complete.', '1bld2v3'], ['u/Alex-Crypto', 19, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f5bx/', 'CENSORSHIP!!!!!', '1bld2v3'], ['u/fiendishcrypto', 18, '2024-03-23 00:21', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f711/', 'Ok so what does attacking the sub mean?\nIsn’t that what the mods all agreed George Donnelly was doing? And then you removed that ban and tried to kick all the mods?\n\nThe hypocrisy. Free speech. \nSure. Free speech, if it suits you', '1bld2v3'], ['u/mojo_jojo_mark', 14, '2024-03-23 00:22', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4ffd6/', 'Ye, this is odd....what is going on.', '1bld2v3'], ['u/pyalot', 28, '2024-03-23 00:24', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4fpo2/', '1. Resign your mod position now\n2. You could have warned them about what you consider unacceptable (which is recommended modiquette) but I am not surprised your modiquette leaves much to be desired\n3. You where instructed by u/memorydealers to err on the side of free speech, tell me about how you applied that in this case?\n4. You cried the loudest about censorship, and yet, no mere hours later here you are, censoring. How does that work?', '1bld2v3'], ['u/pyalot', 23, '2024-03-23 00:28', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gcgc/', 'You attacked this subreddit, so… show yourself out?\n\nOoohhhwait, I understand. You just learned today that moderation isnt censorship, and that sometimes banning users is required? Awww, they grow up so fast, arent you a cutsy.', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:29', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gktv/', 'No. You die on this sword.\nYou don’t get to have it both ways.\nGeorge was doing exactly the same thing as what you are accusing the other person of doing.\n\nHe has been agitating and attacking it until he got his way. Why is that ok, and this isn’t?', '1bld2v3'], ['u/pyalot', 19, '2024-03-23 00:32', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4h0rc/', 'Which TOS did they break?', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hjb1/', 'r/btc and r/bitcoincash had a hostile takeover from a rogue mod who was 3 years absent. r/bitcoincash survived the attack due to u/thomaszander and u/shadowofharbringer. r/btc was not so lucky, as Roger removed all mods, placed the rogue mod as highest mod, and then George Donnelley was made mod with the most rights.', '1bld2v3'], ['u/Bagmasterflash', 14, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hmjz/', 'This in no way answers the questions put directly to you.', '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:38', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hyeo/', "> He was banned for openly attacking the sub which is against Reddit TOS. If you try to break reddit, you're gonna get banned.\n\nThat is your liberal interpretation. I say this user was protesting the moderators, specifically you. Not „attacking the sub“. You choose to interprete criticism on you as an attack on the sub…\n\nBtw. George attacked the sub, but for real. So…", '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:42', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4igxh/', 'Btw. how was your workday today? You liked it? Welcome to being an unpaid mod.', '1bld2v3'], ['u/SoulMechanic', 21, '2024-03-23 00:43', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4inqy/', "This does not bode well for the history and confidence that was built in this sub. Already banning people you don't agree with what the hell. I hope Roger wakes up soon. u/althornton2462 you need to stop making messes, you've already done enough of that, if you have any integrity at all you would be wise to remove yourself from moderating. If you think your actions are gonna go over well, you got rude awakening coming.", '1bld2v3'], ['u/pyalot', 14, '2024-03-23 00:53', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4k9qd/', 'Dont worry about it, the virtue signalers never answer questions or justify their behavior, because they know their behavior is indefensible.', '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 00:55', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4khu0/', 'Please, the three of you in r/bitcoincash. Do not relinquish any control. We are lucky to have dodged that bullet. Right now, don’t trust anyone!', '1bld2v3'], ['u/SoulMechanic', 13, '2024-03-23 01:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lok3/', "u/MobTwo was also added today which is a someone in good standing and a long history, I think we're in good hands so far.", '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lwyr/', 'Yeah modtwo is a great choice and lots of history.\nJust be ultra cautious. Unless you meet in person, you might be being tricked. Just keep your guards up, this is really funky.', '1bld2v3'], ['u/MobTwo', 11, '2024-03-23 05:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw5iumf/', 'I am not surprised /u/MemoryDealers because this is the Theymos situation all over again. I am not sure why you appointed a rogue mod team but a person has to be accountable for his own actions.', '1bld2v3']]], ['u/Ill-Veterinarian599', 'Roger Ver has gone full bunkers - he nuked the entire mod team of rbtc under the guise of "less censorship" and the new mods are already banning people they don\'t like', 48, '2024-03-23 00:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', "Seriously it's comedy gold. Either Ver got played by a scammer (it's happened before) or he's gone bonkers.", 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', '1bld7eb', [['u/Studstill', 24, '2024-03-23 00:52', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw4k34g/', 'Some thoughts, as one of the 7 billion people on Earth who don\'t give a fuck about any of this: \n\n\n1. Who is "Roger Ver" and how did he lose half his name? Car wreck? House fire?\n2. What was the last "not full bonkers" thing he\'s publicly done?\n3. We censor things all the time. I hate it when people say "I don\'t judge" you\'re missing a shit ton of words in that sentence for it to not result in nearly immediate death. This is why they made up the word "fascism", because using other words wrongly is wrong. Wrong is a great word. Everyone knows it. We censor things because they are wrong. Sometimes, get this, we get it wrong. Systems designed to purge purge too much. Systems designed to prevent purging too much prevent too much purging. Theres even 1 dude in a basement who\'s sitting there trying to prevent the purging too much prevention system from preventing too much purging. And for fucks sake we could be talking about "Do I swallow what I just coughed up or spit it out?" So, when fucking Nazis, or any other nameable group of shitheads that we\'ve arbitrarily decided are causing too much shitheadery, ( fucking shitheads, fuck) , say "Ben Shapiro" or "Tucker Carlson" start talking about being "censored" or "cancelled" they are crying about the process in general. They\'re impugning their critics as not rationally and plainly saying "Only shitheads like to hear the things coming out of your mouth, and see your face making them do so, and I am not a shithead, bra." Point being, anyone talking about censorship is being dramatic, either because they\'re a shithead, a pussy, or both. Subreddits aren\'t real, the government is the only thing that can protect us from each other, and I\'m sure Charlie Manson is still producing content, but I\'d rather they continue to deplatform him.\n4. What\'s with that dichotomy? \nA: Either he got scammed or he\'s insane! \nB: Head "Mod" in an online chat room changes who has "Mod" status. The newly empowered use their new empowerment. This is C N N', '1bld7eb'], ['u/amprok', 16, '2024-03-23 03:26', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw56mxa/', 'I have never heard of this guy until right now but this sounds pretty popcorn worthy.', '1bld7eb'], ['u/amyo_b', 13, '2024-03-23 03:55', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5ai8j/', "He is an interesting person. He was a big cheerleader of the forking of bitcoin cash from bitcoin. He was on the side back then of bitcoin being used as a currency. Someone used to post a joke post about Roger Ver interviewing whatever bankrupt crypto CEO (e.g. Machinsky, Johnson et al) mogul. Hi I'm Roger Ver and today I'm with... Always made me laugh. \n\nHe also spent time in prison for selling and storing fireworks without permits or any safety protocols that anyone could determine.", '1bld7eb'], ['u/dyzo-blue', 48, '2024-03-23 03:55', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5aj1w/', "He's been the source of much comedy gold\n\n- He used to call himself Bitcoin Jesus\n\n- He defended the financial proprieties of Mt Gox when all hell was about to break lose\n\n- He created a bitcoin fork that is still kind of in use, therefore proving that the whole 21m things is bullshit\n\n- He renunciated his US citizenship to avoid taxes, and then was shocked to find out he wouldn't be allowed back into the US for bitcoin conferences. [And so he'd show up at the conferences as his face in an iPad with wheels.](https://uncrate.com/p/2012/08/double-robot-xl.jpg)\n\n- Prior to bitcoin, he went to prison for selling illegal fireworks in California, and storing them in his apartment complex", '1bld7eb'], ['u/dyzo-blue', 20, '2024-03-23 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5d27r/', 'Here it is, straight from the foundation\n\nhttps://www.buttcoinfoundation.org/roger-vers-head/', '1bld7eb'], ['u/Gildan_Bladeborn', 17, '2024-03-23 04:56', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5i2xi/', ">Someone used to post a joke post about Roger Ver interviewing whatever bankrupt crypto CEO (e.g. Machinsky, Johnson et al) mogul. Hi I'm Roger Ver and today I'm with... Always made me laugh.\n\nAllow me to introduce you to the [Roger Verification Generator](https://buttcoinfoundation.org/rogerverification/).\n\n* I'm Roger Ver, long-time Bitcoin advocate and investor. Today, I'm at the Binance world headquarters in Unspecified decentralized location. I had a nice chat with Binance CEO, CZ, about their current situation. He showed me multiple bank statements, as well as letters from banks and lawyers. I'm sure that all the current money laundering on an industrial scale problems at Binance are being caused by the traditional banking system, not because of a lack of liquidity at Binance. The traditional banking partners that Binance needs to work with are not able to keep up with the demands of the growing Bitcoin economy. The dozens of people that make up the Binance team are hard at work establishing additional banking partners, that eventually will make dealing with Binance easier for all their customers around the world. For now, I hope that everyone will continue working on Bitcoin projects that will help make the world a better place.", '1bld7eb'], ['u/Rokey76', 15, '2024-03-23 07:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5w0h1/', "That Mt Gox video is hilarious. He is clearly reading something out loud, and isn't a strong reader.", '1bld7eb'], ['u/Rokos_Bicycle', 25, '2024-03-23 08:17', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw611q5/', '> Who is "Roger Ver" and how did he lose half his name? Car wreck? House fire?\xa0\n\n\nHis full name is Roger Verified but he lost it in the Mt Gox collapse', '1bld7eb']]], ['u/ramdmc', 'Old wallet help', 21, '2024-03-23 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/', 'I\'ve searched and most posts are for wallets with seed phrases, which doesn\'t apply here.\n\nBack in 2011, when I was done playing WoW for the night, I\'d flip on a pool mining program to mine this cool revolutionary currency they called Bitcoin. Sometimes I\'d end up with 0.6-0.8 BTC per night. It was neat, was worth real money, something like $5. Ended up selling a bunch when it hit $10. Boy do I regret that.\n\nJust this week, I\'m going through a box of old hard drives, checking their contents, I see a Bitcoin folder. My heart stops. There\'s a wallet.dat. Ngl, been researching on how to recover this wallet for 2 days now and I get a "wallet is corrupt" message when I try to import. I have the whole folder with a bunch of other files (.lock, _db.001-006, bunch of .dat files and the wallet.dat). \n\nMy Bitcoin Core is synchronizing to the blockchain, currently 6 years to go. I\'ve freed up 120GB of disk space just in case. Do I need to wait until it\'s synced up before I try importing the wallet.dat file? I\'ve already backed it up in a few different places. I doubt there\'s more than 10 BTC if any but I need to know.\nAny advice would be so appreciated.\n', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/', '1bldnr7', [['u/Wsemenske', 10, '2024-03-23 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/kw50its/', 'Old wallet posts\xa0counter: now 15\n\nhttps://www.reddit.com/r/Bitcoin/comments/1bd1ioq/i_found_this_walletdat_file_on_an_old_laptop/\n\nhttps://www.reddit.com/r/Bitcoin/comments/16jdnm0/have_a_12_gb_bitcoin_folder_back_from_2015_help/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/15r4fvv/i_found_an_old_drive_with_a_blockchain_folder_on/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/10sjfrs/found_old_walletdat/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/ston4z/i_think_i_found_an_old_bitcoin_wallet_key_but_no/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/16i5gyz/found_an_old_walletdat_from_2011_cant_open_it_to/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/10x9yov/help_with_old_walletdat_recovery_second_post_on/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/172ectu/walletdat_question/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/1ae0h2r/2013_keys_found_not_sure_what_to_do/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/1adiul9/comment/kk2l0z5/\n\nhttps://www.reddit.com/r/Bitcoin/comments/15aiz90/found_lost_bitcoin_and_other_wallets_information/\n\nhttps://www.reddit.com/r/Bitcoin/comments/144m4aw/i_actually_found_a_private_btc_keycold_wallet_on/\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/zm5h5b/i_found_my_old_bitcoin_wallet_paraphrase_how_can/\n\nhttps://www.reddit.com/r/Bitcoin/comments/1aj0eb9/can_i_recover_this_bitcoin_i_lost/\n\nSurprising how often these kinds of post are reported to happen', '1bldnr7']]], ['u/Alex-Crypto', 'CENSORSHIP IN FULL FORCE', 30, '2024-03-23 00:35', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/', 'BCH Orgy post was removed. It was completely on topic. IT HAS BEEN CENSORED!!! Users already being banned.\n\nHostile takeover complete. RIP this sub. 🪦 \n\nGoing to await my ban as this becomes the next /r/bitcoin\n\n/u/memorydealers please remove this power trip mod and reinstate the old mods.', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/', '1bldov9', [['u/ImageJPEG', 10, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4hjs1/', 'I wanted my god damn tokenized aids!', '1bldov9'], ['u/fiendishcrypto', 23, '2024-03-23 00:41', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4iaot/', 'Ah, so we do remove posts here, despite them not breaking any Reddit TOS?\nSo… censorship is ok? \nI’m a little confused, maybe you could walk us all through the logic of how that wasn’t ok, but the bile and continuous attacks from GD were OK?', '1bldov9'], ['u/LovelyDayHere', 13, '2024-03-23 00:44', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4is24/', 'FREE SPEECH ORGY', '1bldov9'], ['u/pyalot', 34, '2024-03-23 00:57', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4ksxz/', 'No, no you dont understand. You see, when 3-year absentee mod u/althornton2462 saw mods doing their job, it was censorship. But now that it is u/althornton2462 job, it is moderation.\n\nYou clear? Yea me neither.', '1bldov9'], ['u/PilgramDouglas', 11, '2024-03-23 02:37', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4zt5m/', '/u/mobtwo hey.. found a bot!.. wait.. nvm... bots are allowed, nay, encouraged! Thank you /u/althornton2462 /s', '1bldov9']]], ['u/creosoterolls', 'I’ve just gone all in. ', 47, '2024-03-23 00:39', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/', 'I finally decided it was time to stop messing around and just went all in today. I bought another 62 shares taking my total to 80 shares at an average purchase price of around $1345. \n\nI think Bitcoin will reach in excess of $250k per coin sometime next year. If so, my MSTR stock should 🚀. \n\nGive me some hopium please 🙏 ', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/', '1bldsg9', [['u/kbty824', 18, '2024-03-23 01:07', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/kw4mcbv/', "I went all in at an avg of 600$ with 60K invested.... My bag is now 160k+ and I ain't selling until the trading multiple hits 6x!!! 🤑🤑. Don't be scared of FUD surrounding this stock. Most ppl don't even know how to factor in trading multiples when determining the true value versus premium. Just hold and enjoy the fireworks when Bitty takes off north of 100k!!", '1bldsg9'], ['u/speedingmedicine', 10, '2024-03-23 02:24', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/kw4xvs2/', 'Went all in back in September with my retirement accts. 100% MSTR allocated. Ive made a ton so far but have no plans on selling anytime soon .', '1bldsg9']]], ['u/scapecrafter', '$100/KAS in 8 years', 46, '2024-03-23 00:48', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/', 'Based on the Kaspa Power Law trend, it forecasts $100 per KAS in 8 years. \n\nLikewise for Bitcoin, it forecasts $1M per BTC in 8 years. Analysts agree. It is only a matter of time.\n\n...\n\nIn 15 years, the trend says $1000 per KAS.\n\nKaspa is the first currency in mankind to have solved the FINANCIAL trilemma.\n\nThe trend does not lie for the best.\nIt is only a matter of time.\n\n🥂\n\n\nP.S. if you hate the dollar as much as me, look forward to something like 1 BTC = 500 KAS. This would keep Bitcoin dominance, whereas 1 BTC = 1000 KAS would rule Kaspa as the new king.', 'https://www.reddit.com/gallery/1bldzbi', '1bldzbi', [['u/Salty-Constant-476', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4ltop/', 'Bitcoin did it. So all coins will do it.\n\nFfs.', '1bldzbi'], ['u/scapecrafter', 12, '2024-03-23 01:44', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4rzta/', 'RemindMe! 8 years "Pour one for the Kaspa homies that didn\'t believe."', '1bldzbi'], ['u/No_Balls_No_Glory', 18, '2024-03-23 01:46', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4sdkf/', 'I stopped buying coffee from the shops and DCA daily into Kaspa', '1bldzbi'], ['u/scapecrafter', 10, '2024-03-23 02:03', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4usi1/', 'RemindMe! 10 years "Let\'s see who\'s laughing... 😁👍"', '1bldzbi'], ['u/Frequent_Guest_247', 11, '2024-03-23 03:26', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw56oj4/', "It's too early for me to take the power law seriously for Kaspa.\n\nMaybe, maybe for Btc but not yet for Kas. It'd be nice though and I hope over the next 5 years it will work.", '1bldzbi'], ['u/Esuuuuu', 13, '2024-03-23 13:35', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw6s28f/', 'if it really reaches 100$ in 8 years I record a video of me drinking my pee and post it here 👀', '1bldzbi']]], ['u/lolnbdftw', '$150--->$2000+ 7 Days', 102, '2024-03-23 00:55', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/', 'Deposited 150 in bitcoin and withdrew 1500 with 500 still in the account. Second time this month getting 10x+ bagger\n\nAll pin point entries off of the one minute time frame ', 'https://v.redd.it/nhugavvn4zpc1', '1ble538', [['u/lolnbdftw', 29, '2024-03-23 00:58', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/kw4kxkv/', 'Could have done better honestly were a couple times I fat lingered buys on Palantir stock and PayPal stock without looking at the awful spreadsheet, losing about $400 in the process', '1ble538'], ['u/lolnbdftw', 15, '2024-03-23 04:55', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/kw5i0on/', "Babypips.com\n\nDemo trade but don't fall in love with your demo results it doesn't simulate real trading its like training wheels on a bike \n\nRisk only what you can lose and consider your deposit already gone when you deposit it, ie don't get emotional or go over your personal risk tolerance \n\nThe market is not an ATM, it doesn't care how much money you want or need\n\nGet good using low time frame charts for entries do not listen to anyone who says that the one minute chart is just noise they are garbage traders who love to see red, I love to see blue", '1ble538']]], ['u/mdizak', "Now that AI is here, isn't it funny everyone shut up about how environmentally unfriendly bitcoin is?", 136, '2024-03-23 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/', "Trying to benefit humanity by helping provide the masses more personal financial freedom and stability, while taking away authority from large financial institutions and governments? It takes too much energy, you're ruinging the world!\n\nRacing towards developing an army of super intelligent psychopaths void of any empathy or emotion? Awesome, let's see how many billions in vestments we can get you.\n\nFunny how that works, eh?", 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/', '1blftl4', [['u/4xfun', 24, '2024-03-23 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw4ypzz/', 'People are dumb as fuck. Idiocracy is just around the corner', '1blftl4'], ['u/mlhender', 39, '2024-03-23 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw55aer/', 'Michael Saylor spoke about this just recently. He is crediting AI With sucking all of the FUD oxygen out of the conversation. He pretty much nailed it:\n\n“If you look at AI, a lot of these hyper scalers are looking to scale up 60 gigawatts this year, and they’re wanting to go to 600 gigawatts within a decade, so what’s going to happen is they’re going to inherit all of the energy FUD [fear, uncertainty and doubt] that we used to have.”', '1blftl4'], ['u/mdizak', 16, '2024-03-23 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5esvm/', "Seen an interview with Sam Altmon recently where this issue was brought up. No mention of trying to conserve energy, make things more efficient or anything of the like, but instead just nonchalantly said it's no problem because we just need to crack nuclear fusion and we'll be good to go for power consumption.", '1blftl4'], ['u/Seeders', 27, '2024-03-23 06:37', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5sorq/', "AI isn't anywhere near the energy consumption of bitcoin. \n\nThat said, energy consumption isn't bad for the environment. Dirty energy generation is.", '1blftl4'], ['u/Seeders', 15, '2024-03-23 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5sr9i/', "As if that's any different than natural intelligence.", '1blftl4'], ['u/cndvcndv', 14, '2024-03-23 10:47', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw6chcq/', "No, not really. You can't put wind tirbunes wherever you like and use that energy wherever you like. The transportation and storage of energy is a huge problem. Bitcoin's rules incentivize 0 opportunity cost energy", '1blftl4']]], ['u/DangerHighVoltage111', 'Are there modlogs for r/bitcoincash', 18, '2024-03-23 02:27', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/', "I'm blind or too tired to find them.", 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/', '1blg4fu', [['u/SoulMechanic', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/kw58bza/', "There should be, but the rouge mod may have changed it, I'm not sure yet. Will take some time to check. Last couple years things have been changing on Reddit on the backend too, I'll see what I can do.", '1blg4fu'], ['u/SoulMechanic', 11, '2024-03-23 04:29', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/kw5etwo/', "\\Update - ok the bot for this seems to be broken. I'll keep searching to see if there is a way to fix this.", '1blg4fu']]], ['u/Salty145', 'The Boomers were right...', 655, '2024-03-23 02:32', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/', "I've tried to deny it for years, but I think its about time to accept that the boomers were right and I should have listened to them. I should have invested in real estate after the 2008 housing crash instead of licking glue and in Bitcoin in 2011 instead of learning basic arithmetic. If I had only done that then things for me wouldn't be nearly as bad as they are now.\n\nHow could I be so stupid?", 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/', '1blg8o9', [['u/greengiant333', 277, '2024-03-23 03:12', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw54o71/', 'Our whole generation is just absolutely dumb for not investing. Just absolutely stupid', '1blg8o9'], ['u/TheYoungCPA', 20, '2024-03-23 03:32', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw57fz2/', 'Everyone reading this can be a millionaire (inflation adjusted) by retirement I can prove it out', '1blg8o9'], ['u/ex0thrmic', 115, '2024-03-23 03:53', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5a6hn/', "I would've invested but in 2008 I was 7 and in primary school lmao", '1blg8o9'], ['u/Sad-Rent-9633', 15, '2024-03-23 04:13', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5cu70/', 'Because boomers know about bitcoin', '1blg8o9'], ['u/Adventurous_Post_705', 32, '2024-03-23 04:20', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5dqu6/', 'Fr, I shoulda been reading up on my local zoning laws instead I was 4 and barely able to put a sentence together', '1blg8o9'], ['u/Big_Albatross_3050', 121, '2024-03-23 04:23', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5e181/', 'ikr, why tf was I learning algebra in 4th grade instead of buying a house?', '1blg8o9'], ['u/IEatKids26', 74, '2024-03-23 04:26', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5efuv/', 'I should have invested in 2008 instead of being a dumbass fucking baby.', '1blg8o9'], ['u/Waifu_Review', 22, '2024-03-23 04:31', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5f12s/', "You joke but they were born with a silver spoon though theyll deny it so they assume everyone else was and if they don't succeed its because of some flaw of morals.", '1blg8o9'], ['u/throwaway1626363h', 17, '2024-03-23 04:47', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5h1mu/', "I should've been buying houses instead of being 3 😔", '1blg8o9'], ['u/greengiant333', 64, '2024-03-23 05:02', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5iu1p/', 'Algebra? Man you should’ve been buying stocks and diversifying your portfolio, what’s wrong with you? lol', '1blg8o9'], ['u/Salty145', 19, '2024-03-23 05:08', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5jjn4/', 'Instead of crying and whining after being born like a loser, you should have reached for the nearest landline and called up a real estate broker.', '1blg8o9'], ['u/ikiss-yomama', 19, '2024-03-23 05:10', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5jq85/', '“You’re pathetic, in 2008 I was 64. Kids these days need to grow up” -Boomer', '1blg8o9'], ['u/sahara4114', 18, '2024-03-23 05:27', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5lmez/', 'We’re so lazy it is unimaginable', '1blg8o9'], ['u/TomDrawsStuffs', 27, '2024-03-23 06:10', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5q1to/', 'if we kill all the current billionaires and split up the cash? good thinking', '1blg8o9'], ['u/Inevitable_Long_6890', 12, '2024-03-23 06:59', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5uoh2/', 'You have my attention sir lol', '1blg8o9'], ['u/syrupgreat-', 18, '2024-03-23 13:16', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw6pwim/', 'we didn’t have the sigma male grindset mindset gurus back in our day 😩', '1blg8o9']]], ['u/timcooksdick', 'What if.. it’s all true and we are on the cusp of new ATHs', 57, '2024-03-23 02:36', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/', 'What if we are* at “that point” on the chart where it dipped after a spike and then went parabolic? What if BTC having recently broken ITS all-time-high is now signaling an alt season? Let alone the things on the horizon (BTC halving, X adoption, etc), what if it’s that simple and we’ve seen these signs before? ', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/', '1blgbek', [['u/chlekrdsh', 13, '2024-03-23 02:43', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw50krg/', 'the conditions are actually perfect for Doge right now,, we just gotta hold & hope for the best', '1blgbek'], ['u/Remote-Novel3479', 18, '2024-03-23 03:32', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw57gqv/', 'What if your aunt had a penis', '1blgbek'], ['u/Real-Importance767', 11, '2024-03-23 03:33', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw57ja7/', 'BTC halving is like 30 days away. We are already at that point where we will see new ATHs for all altcoins.', '1blgbek'], ['u/timcooksdick', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw588hv/', 'I’ve wondered this myself', '1blgbek'], ['u/Astronomer_Civil', 16, '2024-03-23 04:02', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw5bexp/', 'Doge staying at .12 and above is a good sign imo. Think we have potential for great growth. \n\n1 doge = 1 doge', '1blgbek'], ['u/OzZVidzYT', 12, '2024-03-23 05:20', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw5ktgf/', 'i’m not selling. i like the coin.', '1blgbek']]], ['u/MemoryDealers', "Can't you guys just all agree to allow each other to talk about crypto here? (New moderation updates)", 36, '2024-03-23 02:58', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/', "It seems like every time someone on the internet gets a taste of power, they try to abuse it. \n\nI reinstated the user who was recently banned, and removed both George Donnlley and Althornton as mods. I hope the remaining mods can continue to allow FREE AND OPEN DISCUSSION ABOUT ALL THINGS CRYPTOCURRENCY RELATED. \nFor now, BitcoinisTehFuture has my full blessing to run this sub however he wants as long as free speech is allowed to continue. (That includes adding or removing other mods)\n\nI DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE.\n\nI'm also super annoyed that this has taken up so much of my time the last few days. \nPlease take care of things without contacting me about every little detail. \nI've done enough for crypto already and don't need this kind of stupidity in my life.", 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/', '1blgr0q', [['u/Alex-Crypto', 24, '2024-03-23 03:10', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54er5/', 'Thanks, Roger.', '1blgr0q'], ['u/LovelyDayHere', 11, '2024-03-23 03:12', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54ovo/', 'The post seems to have been duplicated.\n\nI suggest you remove one of them or have one of your mods do it, so that the discussion can be discussed.', '1blgr0q'], ['u/pyalot', 34, '2024-03-23 03:14', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54yc7/', "> It seems like every time someone on the internet gets a taste of power, they try to abuse it.\n\nTook you a long while to figure that out…\n\n> I reinstated the user who was recently banned, and removed both George Donnlley and Althornton as mods\n\nBravo.\n\n> For now, BitcoinisTehFuture has my full blessing to run this sub however he wants as long as free speech is allowed to continue\n\nThey are both in cahoots. u/BitcoinisTehFuture is as much culpable in this dumpster fire. I think your blessing is misplaced.\n\n> I DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE.\n\n> I'm also super annoyed that this has taken up so much of my time the last few days.\n\nShould have thought about that before you purged all hard working mods, turned this sub into a dumpster fire on the drama that a virtue signaling 3-year absentee mod who acted badly created no?\n\nThis is the mess you created, it is your responsibility to clean it up.", '1blgr0q'], ['u/SoulMechanic', 33, '2024-03-23 03:17', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw55cqd/', "After having to deal with the mess althornton2462 caused for the last 2 days in r/Bitcoincash. Let's be fair here, it was you who installed him as high tier moderator here was it not? and then you left. It was a very bad idea to give an account that was inactive for 3 years, and just tried to remove 4 mods from r/Bitcoincash any level of moderation here. Part of this was your fault. I'm sorry you don't have time for this but neither do many of us.\n\nGoing forward, don't make quick changes like that ever, especially with someone who has no history of commenting or moderating. You have no idea how much BS us active mods have to deal with. Just speaking for the active mods that have worked here for free, they should be given a level of respect for good work done. They absolutely have my thanks and respect.", '1blgr0q'], ['u/Late_To_Parties', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw588b5/', 'Thanks Roger, and thanks to the mods!', '1blgr0q'], ['u/LovelyDayHere', 13, '2024-03-23 03:42', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw58sk7/', "> ALL THINGS CRYPTOCURRENCY RELATED.\n\nThat is honestly not a bad choice (imo + maybe). Compete directly with r/CryptoCurrency.\n\nI don't know where free Bitcoin discussion will take place, but I'll be over in r/BitcoinCash since I'm simply not much interested in many other coins, and if I was, most of them have their own dedicated subs.\n\nThis policy is going to make life more difficult for the remaining subs, I am almost sure, since the scope is so vast.\n\nLong live peer to peer electronic cash, and thanks for supporting crypto, Roger.", '1blgr0q'], ['u/fiendishcrypto', 24, '2024-03-23 06:14', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw5qgsu/', 'Well done Roger for taking zero responsibility for the mess you created. I am not sure why you are so annoyed at the work you created yourself. You had a mod team who were working 24\\7 to keep this sub running without your involvement. You could have communicated with or have given them some more guidance if you felt it wasn’t keeping to the ideas you wanted the subreddit to have.\n\nIf you want this sub to be EXACTLY to your ideals, sorry, you need to stay and be active on some level. If not, then you need to TRUST the judgement of the MODERATORS.\n\nWhat you can’t do, is be inactive, then just come back and nuke your team of mods when some aggressive pundit, who keeps attacking the sub and community, screams out on social media.\n\nThank you for listening to my advice and taking the needed steps to help diffuse the situation.\nEven though I am disappointed that you can’t see that this was entirely YOUR mess that YOU created by nuking your entire team without any consensus or discussion, I do appreciate everything you have done in the past for BCH and think you have deserved more than most of us to return to normal life for a well deserved rest.\n\nOn that note, thanks for everything and bringing BCH this far and wish you all the best! And don’t worry, the rest of us will bring Bitcoin Cash world Adaption over the finish line, so you get to see the dream you help start be fully realised 😎', '1blgr0q'], ['u/fiendishcrypto', 10, '2024-03-23 06:58', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw5uldp/', 'The strength of money is exponentially related to the size of its network. P2P cash’s greatest chance of meaningful adoption requires as many people and places as possible accepting and using that coin.\n\nThat’s why I am a BitcoinCash maximalist and will also be jointing you at r/bitcoincash for keeping up to date with the lastest BCH Community News.', '1blgr0q'], ['u/cheaplightning', 12, '2024-03-23 09:10', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6548g/', 'This', '1blgr0q'], ['u/NilacTheGrim', 17, '2024-03-23 09:31', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw66oxc/', "Understood. For my part as a moderator: I'll do my very best to promote the ideals of free speech and reduce the likelihood of mod abuse, as best I can.", '1blgr0q'], ['u/Ill-Veterinarian599', 19, '2024-03-23 10:17', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6a3z0/', 'The absolute lack of self awareness:\n\n\n>\xa0 I\xa0DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE. I\'m also super annoyed that this has taken up so much of my time the last few days. Please take care of things without contacting me about every little detail. I\'ve done enough for crypto already and don\'t need this kind of stupidity in my life.\n\n\nOh so it turns out that moderation is super annoying and time-consuming and means you spend all your time fighting literally the most toxic people in the community and can\'t be reduced to a "no censorship" slogan?\xa0\n\n\nWho would have fucking thought.\n\n\nYou got involved in moderating for an entire day and oh poor you it\'s just too time consuming and abusive. You poor thing.\n\n\nMaybe try accessing your sense of empathy for the mods who put up with that stupidity every day for years - and for their payment, got fired.\n\n\nYour unjustified sense of indignation for a problem you helped create and your lack of apology to the mods you fired tells me that you haven\'t internalized what really went down here. Do better.', '1blgr0q'], ['u/Ill-Veterinarian599', 11, '2024-03-23 11:22', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6faif/', 'Great comment. Roger displays a real lack of self awareness in this post.', '1blgr0q'], ['u/Ill-Veterinarian599', 10, '2024-03-23 11:25', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6fjc4/', '> And hats off for you taking that responsibility\n\n\nWhere did he do that?', '1blgr0q'], ['u/mrjune2040', 11, '2024-03-23 13:05', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6osf0/', 'Fwiw- that’s always been the case, both online and IRL (I’ve been unfortunate enough to be an co-investor in certain IRL projects). The ‘syndrome of me’ runs deep in the crypto guru history books.', '1blgr0q'], ['u/pyalot', 14, '2024-03-23 16:21', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw7fnvt/', 'The problem is:\n\n1. You acted in the same brash manner, just marginally toned down from althornton\n2. you backed althornton in everything they did/said 100%, both in posts and comments, and never distanced yourself from any of it\n3. althornton created a lot of drama and flung around unbased accusations\n\nThus you lent legitimacy to the drama, you helped fan it, and the outcome is now what it is. This is why I dont trust you, you acted in concert with althornton, and didnt step back to see what was going on, trying to contain the drama. This is why you are cuplable/complicit.\n\nBut take my advice, let it go, own up, take responsibility, apologize, build bridges.', '1blgr0q'], ['u/MinuteStreet172', 10, '2024-03-23 18:01', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw7vzyp/', 'TL;DR:\n"I\nI\nI\nI\nI\nI\nI\nI\nI Roger\nI \nI\'m busy\nI\'ve done a lot for crypto, really\nI\nI\nI\n"', '1blgr0q']]], ['u/gonnadeleteso', 'moving from btc to bch', 28, '2024-03-23 03:11', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/', "can LN be done on BCH?\n\n\n\ndoes bch have OP\\_codes that BTC doesn't have enabled and would that help BCH perform better?", 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/', '1blh17s', [['u/Alex-Crypto', 18, '2024-03-23 03:38', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw589kw/', 'Yes and yes', '1blh17s'], ['u/LovelyDayHere', 12, '2024-03-23 04:52', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5hn8e/', "> can LN be done on BCH?\n\nDon't expect any of the current developers to implement LN for you on BCH.\n\nThere is simply no visible demand nor does it make sense taking into account BCH's roadmap as a massively scalable L1.", '1blh17s'], ['u/OlderAndWiserThanYou', 10, '2024-03-23 06:45', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5tdn9/', '> can LN be done on BCH?\n\nYes, but why would you want to?', '1blh17s'], ['u/2q_x', 11, '2024-03-23 07:07', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5verq/', "bitcoin was written by one guy over the course of several months, and it's still working well as a payment layer 15 years later across several chains.\n\nLN has devoured centuries of dev time and hundreds of millions of development dollars over the last nine years... and it's always about 18 months from working.\n\n***\n\nLN is a premature optimization for a problem that didn't exist. \n\nAs an idea, it's extremely useful and effective as an indicator that someone shouldn't be given money, resources or direction over development, unless the goal is to sabotage a cryptocurrency, in which case LN is great.", '1blh17s']]], ['u/LowKooky2942', 'I’m a 26A/B… how do I even find a bra that fits for an adult woman?', 22, '2024-03-23 03:12', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/', 'For context I’m in my mid 20s. I thought I was a 32AA, but after inputting my measurements in the calculator, I’m a 26A/B, closest size is 28AA. There are already skepticism regarding the A/AA size, and tbh I don’t feel great reading all those posts especially when trying to find a bra/bralette brands. Most comments start with “are you sure you’re an AA cup?”, and not necessarily giving you the brand names. Most bras my size would be for teens. I don’t want those, I want some adult ones that would make me feel more womanly.\n\nSo… recommendations for IBTC that would actually fit my petite body?', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/', '1blh1vw', [['u/Dandelion212', 36, '2024-03-23 03:20', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/kw55vmq/', 'Just to double check, a 28” bust would generally mean a women’s XXS is too big for you — does that track with your experience? If not, you may want to double check your measuring tape.', '1blh1vw'], ['u/LowKooky2942', 11, '2024-03-23 03:32', 'http... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["There is no question that stocks have enjoyed a terrific rally since the end of October. That was when investors became convinced the Federal Reserve was done raising interest rates.\nThe Standard & Poor's 500 is up 27 percent since its Oct. 27, 2023, closing low. It's had 20 record closes this year alone.\nThe Nasdaq Composite Index is up 30.4% over the same time frame.\xa0The Nasdaq-100 Index is up 30%.\nAnd the Russell 2000 Index is up 26.6%.\nFed Chairman Jerome Powell said on Wednesday the central bank still expects to cut rates this year, maybe as many as three times on the expectation inflation is sustainably on its way to 2% a year.\nThere seems to be a consensus that the first cut is coming in June.\nAnd, of course, stocks shot up afterward.\nIf traders are right, is there a chance stocks will go, well, parabolic?\nRelated: Tesla stock slumps after startling China decision\nIf you search the Internet, you'll find a loud cadre of prognosticators saying tech stocks are in a bubble, and a crash or at least a serious pullback is imminent.\nGiven the big rally since October, the concern is understandable.\nSo far, however, markets overall aren't buying into the fears.\nWhat one often hears is the enthusiasm for all things artificial intelligence. Bulls argue that the development of AI is the biggest change coming to technology since the Internet became real in the mid-1990s.\nAnd AI may be setting off a bull run not unlike what we saw in the late 1990s.\n2024 is also a Presidential election year, when stocks typically rise about 6%.\nThat helps explain why the Dow Jones Industrial Average and Standard & Poor's 500 indices hit record highs on Thursday. The Nasdaq and Nasdaq-100 Index hit record closes on Friday.\nIt feeds into the interest in Reddit(RDDT). The\xa0social media company\xa0went public at $34 late Wednesday, and its shares jumped 48% to $50.44 on Thursday, its first day of trading. But Friday, however, Reddit fell 8.8% to $46.\nSpencer Platt/Getty Images\nPerhaps the worst scenario one can find from people who have watched markets is voiced by Jeffrey Hirsch, editor-in-chief ofThe Stock Traders Almanac.\nHirsch believes stocks may be flat for the next few months because it's time. Stocks typically see their best gains between November through April and pause until the fall, he notes.\nJon Markman, aSeattle financial plannerwho's bullish for for the foreseeable future, likes small cap stocks generally and the iShares Russell 2000 exchange-trade fund(IWM)and energy shares for the rest of the year.\nThis week may offer a hint of what's to come because investors and traders will have to make decisions largely absent of big, market-moving events. It's a four-day week because U.S. markets will be closed on Friday for Good Friday.\nSo, if momentum is driving markets you should see it before Thursday, if only because\xa0institutional investors will buy what's hot before trading ends for the first quarter, which is Thursday.\nMore AI stock news:\n• Analysts revamp C3.ai stock price targets after earnings\n• Analyst updates stock price target for Super Micro Computer\n• Analysts unveil new Nvidia price targets ahead of 'AI Woodstock' conference\nMeanwhile, there are a few earnings reports of note:\n• GameStop(GME), the world's largest video-game retailer, due Tuesday.\n• McCormick & Co.(MKC), the big merchant of spices, also on Tuesday.\n• Cruise line operator Carnival(CCL)on Wednesday.\n• Walgreens Boots Alliance(WBA), the big pharmacy chain. It was recently removed from the Dow and replaced by Amazon(AMZN).\nThe Commerce Department releases its monthly Personal Consumption Expenditures Price Index report on Friday morning.\nThe PCE is the Fed's favorite inflation indicator because it measures price changes on things people actually buy.\nThe consensus estimate is for the index to show a month-to-month increase of 0.4% in February down from 0.6% in January. The\xa0year-over-year rate likely rose slightly to 4.8%, projects FXStreet. That\xa0suggests, as Powell himself conceded last week, that the path to normalization in price gains will be bumpy.\nEconomists have been low side on inflation estimates lately. The surprisingly strong inflation numbers of late caused Jerome Powell to repeat his mantra that rate cuts will come when inflation is sustainably lower.\nWall Street took that to mean rates will come down. But as one analyst said last week, another high number creates a different conversation.\nThere are many bitcoin enthusiasts who see bitcoin and crypto currencies soaring through the end of the year.\nBitcoin has scuffled a bit of late. Yes, bitcoin has had a big year. It's up 52.6% for the year as of Saturday.\nBut it has fallen nearly 12% since its record close of $73,463 on March 13.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'In this piece, we will take a look at Cathie Wood\'s stock portfolio for 2024. If you want to skip our overview of Wood, her firm, and the latest news revolving around her hedge fund, then you can skip ahead toCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nIn contrast to some of the biggest hedge fund managers that aim to diversify their portfolios to capitalize on both growth and value stocks, Cathie Wood and her hedge fund,ARK Investment Management, are purely focused on growth and investments in "technologically enabled innovation that cuts across economic sectors and changes the way our world works." The firm\'s investment strategy encompasses themes such as Autonomous Technology, Robotics, Artificial Intelligence (AI), Blockchain Technology, Multi-Omics, Space Exploration, and Energy Storage. While her funds have garnered attention for their innovative approach, they have also experienced mixed results over the years, with some describing them as rollercoaster rides. ARK Invest experiencing one of its most successful years since its inception in 2017, achieving an impressive 87.4% gain propelled by a 1,300% surge in Grayscale Bitcoin Trust. This performance coincided with Bitcoin reaching record highs of $20,000 per coin.\nHowever, it was in 2020 that Wood established her reputation on Wall Street, delivering a massive 152.5% gain with her flagship fund amidst the pandemic. The fund achieved this by investing in stocks associated with "disruptive innovation," such as Teladoc Health, Inc. (NYSE:TDOC) Roku, Inc. (NASDAQ:ROKU), and Zoom Video Communications, Inc. (NASDAQ:ZM). In addition, Wood\'s ARK Innovation (ARKK) exchange-traded fund (ETF) emerged as the top-performing global equity fund that same year with at least $1 billion of assets. However, as the high-flying pandemic stocks experienced a subsequent downturn, Wood\'s flagship fund underperformed the S&P 500 index by more than 30 basis points in both 2021 and 2022. In addition, the ARKK ETF sharply underperformed the Nasdaq in 2021, closing down 24% compared to the Nasdaq\'s 21.4% advance. This underperformance persisted in 2022, with the ARKK ETF plummeting 67% versus the Nasdaq\'s 33.1% annual loss. However, there was a notable turnaround in 2023, with the ARKK ETF rebounding strongly, posting a 67.6% gain. The tech sector, in particular, faced challenges following the Federal Reserve\'s decision to pursue an aggressive interest rate-hiking campaign last year.\nIn January 2024, Cathie Wood made headlines again when she raised her bullishestimatefor Bitcoin\'s price to $1,500,000 by 2030, marking a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States, which she views as a green light for the cryptocurrency. On the other hand, the hedge fund manager also anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hash rate, long-term holder supply, and addresses with a non-zero balance.\nHereis what the hedge fund manager had to say to after the SEC\'s Bitcoin ETF approval:\nTypically in a situation like this where there are a lot of competitors, the market consolidates. So we would expect that to happen. We hope and trust that we will be one of the winners. And I think from our pint of view we have some competitive advantages. A lot of people are talking about fees, and I\'ll get to that. But there are three competitive advantages that i think are very important. One, our infrastructure and operations. Our partner 21shares has built this infrastructure, and then operating 40 different funds through booms and busts, through halvings and forks, and airdrops and you know through periods that the ETF industry just has never seen. So our infrastructure is battle tested. The second is research. As you know we give all of our research away. Our first blog on Bitcoin was the year of our founding, 2014. Our first whitepaper, Bitcoin Couldn\'t Serve The Three Roles of Money, we did in collaboration with Art Laffer. In 2015. We gained our first exposure in Bitcoin at $250 and have never left it.\nWith these details in mind, let\'s take a look at some of the best stocks in Cathie Wood\'s stock portfolio. Some notable names in this list include Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), among others.\nCathie Wood of ARK Investment Management\nOurMethodology\nWe selected the following 10 stocks from Cathie Wood’s ARK Invest portfolio as of Q4 2023. We have also mentioned the hedge fund sentiment towards each stock, which was assessed from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the last quarter of 2023. The list is arranged in ascending order of the number of ARK Invest’s stake value in each holding.\nHedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund Investors: 38\nArk Investment\'s Q4 2023 Investment Value: $498.4 million\nUnity Software Inc. (NYSE:U) is a San Francisco-based American video game software development company. Originally established in Denmark in 2004 as Over the Edge Entertainment, it underwent a name change in 2007. The company oversees a platform that provides software solutions for creating, managing, and monetizing interactive, real-time 2D and 3D content tailored for mobile phones, tablets, PCs, consoles, and AR/VR devices.\nAs of the end of the fourth quarter of 2023, 38 hedge funds tracked by Insider Monkey had stakes in Unity Software Inc (NYSE:U). The most notable stake in Unity Software Inc (NYSE:U) is owned by Jim Davidson, Dave Roux and Glenn Hutchins’s Silver Lake Partners which owns a $1.4 billion stake in Unity Software Inc (NYSE:U).\nMuch like Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), Cathie Wood holds one of the biggest positions in Unity Software Inc. (NYSE:U).\nNumber of Hedge Fund Investors: 26\nArk Investment\'s Q4 2023 Investment Value: $534.36 million\nCRISPR Therapeutics AG (NASDAQ:CRSP) is a biotechnology company with dual Swiss–American headquarters located in Zug, Switzerland. Pioneering the use of the CRISPR gene editing platform, the company focuses on developing medicines for a range of rare and common diseases.\nIn January, Vertex Pharmaceuticals (NASDAQ:VRTX) announced that the US FDA had approved its groundbreaking gene editing therapy, Casgevy, developed in collaboration with CRISPR Therapeutics AG (NASDAQ:CRSP), for individuals aged 12 years and older diagnosed with transfusion-dependent beta-thalassemia (TDT).\nOut of the 933 hedge funds included in Insider Monkey’s Q4 2023 database, 26 had purchased shares of CRISPR Therapeutics AG (NASDAQ:CRSP). Catherine Wood’s ARK Investment Management emerged as the largest investor with its $325 million investment.\nNumber of Hedge Fund Investors: 47\nArk Investment\'s Q4 2023 Investment Value: $540.96 million\nTwilio Inc. (NYSE:TWLO), headquartered in San Francisco, California, is an American company that offers programmable communication tools, facilitating various communication functions through its web service APIs, including making and receiving phone calls and sending and receiving text messages.\nOn January 8, Twilio Inc. (NYSE:TWLO) announced the appointment of a new CEO and shared optimistic forecasts for the upcoming quarter. The company expects its fourth-quarter guidance, initially outlined on November 8, to exceed expectations, with adjusted earnings projected to range from 53 to 57 cents per share and a revenue outlook of $1.03 billion to $1.04 billion.\nAs of the end of December 2023, 47 out of the 933 hedge funds included in Insider Monkey’s database had invested in Twilio Inc. (NYSE:TWLO). The largest investor was David Blood and Al Gore’s Generation Investment Management, with ownership of 8.5 million shares valued at $645 million.\nNumber of Hedge Fund Investors: 50\nArk Investment\'s Q4 2023 Investment Value: $544.35 million\nRoblox Corporation (NYSE:RBLX), a leading online entertainment platform known for facilitating game creation, represents one of the most advanced iterations of a functional metaverse today. With an impressive user base of 50 million daily active users, Roblox Corporation (NYSE:RBLX) goes beyond traditional video gaming, incorporating its digital currency and offering a diverse range of unique virtual experiences.\nAccording to Insider Monkey’s study covering 933 hedge funds, 50 had held a stake in Roblox Corporation (NYSE:RBLX). The largest investor was ARK Investment Management, which owned 11.9 million shares valued at $544.35 million.\nIn addition to Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), Roblox Corporation (NYSE:RBLX) ranks as one of ARK Invest’s top picks.\nNumber of Hedge Fund Investors: 41\nArk Investment\'s Q4 2023 Investment Value: $788.46 million\nZoom Video Communications, Inc. (NASDAQ:ZM), headquartered in San Jose, California, is a communications technology company that gained significant traction during the pandemic, becoming a household name during lockdowns. Now, Zoom Video Communications, Inc. (NASDAQ:ZM) is focused on introducing several essential features for businesses, including word processing capabilities and increased utilization of artificial intelligence to enhance its flagship video conferencing service.\nOver the past year, Zoom Video Communications, Inc. (NASDAQ:ZM) has surged by over 13%, driven by positive announcements and solid numbers released during the company’s recent Q4 2023 earnings report. Projections for Q1 2024 earnings per share indicate $1.18 per share of adjusted earnings, with revenue expected to spike to $1.125 billion, signaling strong growth for the video communications leader.\n41 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database were the firm’s shareholders. Zoom Video Communications, Inc. (NASDAQ:ZM)’s largest investor fund shareholder was ARK Investment Management itself, since it owned a $788.46 million stake.\nMeridian Hedged Equity Fund made the following comment about Zoom Video Communications, Inc. (NASDAQ:ZM) in its Q3 2023 investorletter:\n“Zoom Video Communications, Inc.(NASDAQ:ZM) provides video conferencing software widely used for virtual meetings, webinars, and online collaboration by businesses, schools, and individuals. The company has shown stability in its business model after a remarkable rise in 2020. While its valuation is more reasonable now, the company maintains strong operating margins. The enterprise sector, particularly through successful upselling, has shown resilience despite economic headwinds and seat churn. Zoom’s contact center solution has shown early traction with a growing roster of customers and a rapid rollout of new features, showing strong potential for future growth. The stock performed well during the quarter following results that exceeded expectations, reaffirming its potential for growth.”\nClick to continue reading and seeCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nSuggested articles:\n• Top 20 Countries With The Highest Weed Consumption\n• 13 Best Get Rich Quick Stocks To Buy\n• 14 Money Making Stocks To Invest In\nDisclosure: None.Cathie Wood\'s Stock Portfolio: 2024 Stock Picks.is originally published on Insider Monkey.', 'Azerbaijan could prove a winner as the war in Ukraine continues to reshuffle the Caspian Basin energy-supply deck. But uncertain investment and financing prospects, as well as questions about production capacity, are holding Baku back at present.\nWhen it comes to oil exports, it seems Kazakhstan’s pain can be Azerbaijan’s gain. Before the Kremlin’s unprovoked invasion of Ukraine in 2022, Kazakhstan relied on Russia for transiting the bulk of its oil exports to market. In 2022, for example, roughly62 percent of Astana‘s 84.2 million tons of oil exportsreached global markets via the CPC pipeline to Russia’s Black Sea port of Novorossiysk.\nBut growing fears about over-dependence on Moscow, along with concerns about the safety of commercial shipping in the Black Sea, have prompted Astana to look for alternative export routes.\nOn March 11, Kazakhstan’s state oil producer KazMunayGas and Azerbaijan’s state oil company SOCAR agreed to expand their existing deal for transiting Kazakh crude via Azerbaijan’s main oil export route – the Baku-Tbilisi-Ceyhan (BTC) pipeline. The deal increases annual volume from 1.5 million tons to 2.2 million tons. The two companies also agreed to discuss transiting further volumes of Kazakh crude to the Black Sea via the Baku-Supsa pipeline through Georgia which has been idle for over a year due to safety fears.\nThe BTC option is a more complicated route to market for Astana. The crude is first shipped across the Caspian Sea by tanker, then fed into the pipeline which carries it to Turkey’s east Mediterranean coast from where it can again be carried by tanker to global markets.\nAzerbaijan also may soon increase transit volume for natural gas. A recent preliminary agreement between Turkmenistan and Turkey allows for Turkmen gas to be sent to Turkey either via a swap deal with Iran, or more complex swaps via both Iran and Azerbaijan.\nTurkish energy ministerAlparslanBayraktarhas said that an initial stage involving the delivery of up to 2 billion cubic meters (bcm) a year could be realized quickly. Turkey’s interest in Turkmen gas is primarily to diversify its own gas imports, of which last year 42 percent came from Russia contracts, most of which expire at the end of 2025. A contract with the country’s second biggest supplier, Iran, is due to expire mid-2026.\nBoth Russia and Iran are subjected to international sanctions, which if expanded further could conceivably leave Turkey in a bind. Bayraktar also confirmed that Ankara and Ashgabat are discussing a longer-term target of a dedicated Trans-Caspian Pipeline (TCP) to transit Turkmen gas via Azerbaijan and Georgia to Turkey, and possibly on to Europe, a project which already enjoysUS support.\nOn-and-off talks on just such a pipeline have continued fornearly 25 years. Now, the route is again off the back burner, as the war in Ukraine has significantly increased interest in diversifying European Union energy imports. Dusting off the TCP plan is in Baku’s interests, as it could help Azerbaijan meeta 2022 commitmentto Brussels to double EU-bound exports of its own gas to 20 bcm a year by 2027. Progress on meeting that target has been halting, with Azerbaijani exports in 2023 totaling only 11.8 bcm. Current pipeline expansion work is set to add only another 1.2 bcm capacity per year.\nAzerbaijani officials say that the sizeable investment required to expand export routes cannot be made until European gas buyers commit to buying the extra gas carried by expanded pipelines. Gas buyers for their part are concerned that Azerbaijan will be unable to supply all the required gas.\nThe slow expansion of Azerbaijan’s own gas production has been an issue for would-be European importers. Of late, Baku has had to import Turkmen gas via a swap arrangement with Iran to meet its own growing domestic demand, along with its export commitments to Europe, Turkey and Georgia. Those Turkmen imports halted late last year after Baku and Ashgabat failed to agree on commercial terms for 2024. At the same time, Azerbaijani officials reported that the country had sufficient gas supplies to meet demand due to a rise in domestic production.\nBP announced in lateFebruarythat new wells it has drilled in Azerbaijan’s main Shah Deniz gas field are currently producing an extra 750 million cubic meters per year. BP has also said it hopes to start production next year from a deep gas reservoir below the country’s main ACG oil field. However, the company has yet to say how much gas it will produce, and it remains to be seen whether it will be sufficient to help Baku meet its commitment to Brussels.\nAzerbaijan is also making a push to develop green/renewable energy. Set to host a major climate conference in late 2024 known as COP29, Baku is using the opportunity to promote ambitious renewable energy plans. Azerbaijan’s interest in going green stems in large part from its efforts to reduce its own domestic gas consumption to free up more for export. Many energy analysts believe it will take a long time for Azerbaijan to realize any such hopes. Just 8 percent of Azerbaijan’s power generation in February came from renewable sources, and just 1.3 percent of that total was derived from wind and solar power.\nFollowing a March 16meetingwith Georgian Prime Minister Irakli Kobakhidze in Baku, Azerbaijani President Ilham Aliyev announced that a feasibility study of the two countries’ “tremendous renewable energy potential” would be completed by the end of the year. He gave no details, but the study most likely relates to plansannounced late 2022for an electricity transmission cable to carry power generated in Azerbaijan across the Black Sea to Romania, transiting Georgia.\nFor that project to become functional, Baku will first need to develop sufficient wind, solar and hydro power capacity to generate sufficient supplies for export. Thus far, Baku has been unwilling to commit its own money, relying instead on international investors such as Saudi Arabia’s ACWA which is developing Azerbaijan’s first grid-scale wind farm, and UAE’s Masdar, developing its first major solar power plant.\nIt seems the EU is also interested in developing Azerbaijan’s renewable energy capacity. On March 1, a ministerial meeting of the EU-Azerbaijan Green Energy Advisory Council resulted in the signing of a memorandum of understanding on wind energy cooperation. The agreement is designed to facilitate European investment in “the huge wind power potential of Azerbaijan, to help push forward the clean energy transition in the region, and to potentially generate new renewable energy supplies for Europe,” according to a EU Commissionstatement.\nThe statement quoted the EU commissioner for energy, Kadri Simson, as saying, “we have made clean energy a key part of EU-Azerbaijan bilateral relations.”\nBy David O’Byrne viaEurasianet.org\nMore Top Reads From Oilprice.com:\n• America Is Growing Wary of the Renewable Energy Boom\n• New Bitcoin Whales Emerge in the Corporate World\n• How Bosnia Becomes a Battleground for Chinese Energy Influence\nRead this article on OilPrice.com']... Last 60 Days of Bitcoin's Closing Prices: [40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-24 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,261,385,877,138 - Hash Rate: 709422477.8453414 - Transaction Count: 331527.0 - Unique Addresses: 566459.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high. Convertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth. This move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury. Coinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.... - Reddit Posts (Sample): [['u/Complex_Recover4595', 'My self esteem is so low. How can I fix it?', 63, '2024-03-24 01:07', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', 'My self esteem is so so so low. I don’t know why. It makes me angry to know that I don’t know my own worth. I feel like I’m worth so much more than what I put up with and what I go through and I feel like my family and family friends see that, but I feel like outsiders don’t see that and they treat me like sht? I don’t know why its so hard for me to make connections outside my inner circle. \n\nBut then I also engage in behaviors that I’m not proud of and which isn’t a reflection of my worth. Some stuff I involved myself in, sending and selling explicit pictures/content of myself on snapchat for money (w privacy 🧿🧿🧿). I got in legal trouble at 17 for stling 🧿🧿🧿. I got assaulted by a guy who worked at Goldman Sachs, and wasn’t in a relationship with me and he was so disrespectful to me I felt violated. I was bullied from elementary through high school. I was also a special needs student so I was prone to get “picked on” by the smart kids🧿🧿🧿.Girls are literally so mean to me. This girl hated my guts and literally tried to steal all my family’s assets 🧿🧿🧿.\n\nThis girl was basically dating that guy who abused me. She would constantly make comments like "\| be shting on btches" "btches have to be careful with me" or "btches be dumb" or "i be violating btvhes" " I be ending btches" "btches wish they were me" and that she gets guys and how girls wish they were her. She calls her male partners “assets" where she sets girls up with her boyfriends (assets like she mentioned earlier) and then those guys steal financial resources from the girls family.\n\n Her comments made me feel super uncomfortable. And she did in fact did all the things she mentioned to me. And she did all this to me because I gave her an unintentional back massage when I was 15 and she was 18. She yelled at me and told me to back off, I got very teary eyed and apologized, but she didn\'t accept it. And she set me up with one of her "assets" She\'s very egocentric like todays rappers are. I feel violated, humiliated and just insecure. I\'ve never been called such words i\'m the sweetest person in the world and the fact people make me seem like l\'m that, is disgusting.\n\nLike why am I always put in situations where my worth is diminished. It makes me angry when people don’t see my worth. Its like My family has assets they’re educated they’re smart all my family friends are becoming doctors, engineers and lawyers. And then my family suffers because of some dumb rich crackhead. Like why can’t I find my own people? That respect me and see my worth? I want to be successful and happy too. I’m a business major and I feel terrible that I’m not smart as my family friends. ', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', '1bm7556', [['u/Any_Scallion3354', 27, '2024-03-24 01:18', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9td0n/', 'Your self esteem is low because you have a long history of being bullied and violated. Please go to therapy and learn how to stand up for yourself and be more assertive with the assholes of the world.', '1bm7556'], ['u/Additional-Emu6623', 12, '2024-03-24 01:23', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9u43d/', 'i understand what you’re going through sweetheart ❤️ as a 19yo female i know how horrible girls can be. i think the first step is to cut out toxic stuff. the first step in building self esteem is to build a life that you’re proud of. if you’re struggling with the thought of selling explicit pics, don’t do it! there are other ways to make money. i’m so sorry you’ve gone through so much and that you’re feeling this way. but like i said, self confidence starts with self respect ❤️ if you’re comfortable, i also recommend seeking therapy. they are there to help you! feel free to reply to me here if you ever want advice!', '1bm7556'], ['u/motivemurat', 10, '2024-03-24 01:53', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9ylou/', 'Your sense of self-worth and self-esteem should not be tied to external factors. I really like that you acknowledged in your first paragraph that people close to you such as your friends and family see your worth (and the issue being your tying of self-worth to external people outside your circle). However, I would argue that your sense of self-worth shouldn\'t be tied to anything outside of you... to improve confidence and your general self-esteem, you have to look within. The answer is not external (which is of course much easier said than done).\n\nI guess the better question to ask in this situation is: "How can i stop caring about the thoughts of others about me", and most importantly, "How can I stop caring about how people that I dont even like, that I dont even want to be friends with, and people who do bad things thoughts about me". Fundamentally, it\'ll boil down to being proud of whom you are, acknowledging the fact that they are the flawed ones (because being abusive towards anyone is not a normal or right thing to do), and when receiving these type of comments, or being put in uncomfortable situations by these people, know that you are not the one that is flawed. In some sense, dont let their negativity and darkness within them spread to you. See them for whom they are - bad, abusive, negative, jealous people - they don\'t deserve your attention. Focus on you, the ones you love, the ones you care about, and focus on growing stronger within (this is a big topic on its own but is mainly done by working towards whom you want to become, you grow strength from your own achievements - have a list of things you are proud of that you have achieved, reflect on these, and support those whom you love and care about the most).', '1bm7556'], ['u/Brilliant-Purple-591', 11, '2024-03-24 08:20', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kwb6s7q/', 'this is a great start for temporary relief. however, this covers only the surface. if OP really wants to work on his self-esteem, she or he has to go beyond and unveil the patterns of unworthiness.\xa0', '1bm7556']]], ['u/heavenswordx', 'Whenever you wonder if you’re early, just check out comments in trad media mentioning bitcoin ', 78, '2024-03-24 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '“Bitcoin is nonsensical”\n“Bitcoin is a societal waste that brings no benefit”\n“Bitcoin doesn’t have a purpose”\n“Bitcoin is only good for scammers”. \n\nWhen the average trad media readers and when the average politicians believes bitcoin is good, that’s when you know that we’re no longer early and have reached mainstream adoption. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '1bm7f34', [['u/SmokeAndSkate', 69, '2024-03-24 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4e5d/', 'Occasionally I throw a Bitcoin comment into tradfi investing subs just to make sure I still get downvoted.', '1bm7f34'], ['u/JeffWest01', 23, '2024-03-24 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4r08/', 'Or straight-up banned.', '1bm7f34'], ['u/Skittles_the_Clown', 16, '2024-03-24 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa7sah/', 'It’s insane how easy it is to get banned for simply trying to have a civilized discussion about the merits of Bitcoin on other subs.', '1bm7f34']]], ['u/Gapaloo', 'Ankr project changed?', 12, '2024-03-24 01:29', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', 'I only got into ankr last month because it seemed very interesting and had seemingly good partnerships. \nBut it seems they are heading in a drastically different direction than what they even proposed for ankr 2.0. \nNo more independent nodes and ultra sound is mentioned about but devs don’t want to talk about it. \n\nI think it would be nice to have an actual layout into what Ankr is shooting for, but all we get is “the wave is starting”, then proceed to talk about bitcoin staking and that’s it. \nWhat a tiny wave that isn’t even coming out this year. And the Nvidia announcement was just them visiting the conference, trying to pull the wool over peoples eyes I fear. \n\nSeems like the PR team, the marketing team and the devs are on wildly different levels, would be nice if they were more unified. ', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', '1bm7lub', [['u/nkdowney', 10, '2024-03-24 03:09', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/kwa9cs0/', 'Reeeeelllaaaxxxxxxx. Patience people my goodness. We have a longggg way to go if we wanna see real gains', '1bm7lub']]], ['u/GetBent1990', 'BTC Halving Update 😀', 114, '2024-03-24 02:38', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/', '4/19 @ 2348 ', 'https://i.redd.it/8zcn1cnwr6qc1.jpeg', '1bm91p6', [['u/SadEntrepreneur4354', 13, '2024-03-24 03:12', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwa9s1h/', "Miners now get half the Bitcoin than they used to. Example after mining a whole block, you get 6 Bitcoin, after the halving you'll get 3 Bitcoin. Happens every 4 years.", '1bm91p6'], ['u/Caboun6828', 14, '2024-03-24 03:22', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwab386/', ' Nothing happens to the price that will make yall rich unless you are mining and get the last block', '1bm91p6'], ['u/therealbeymaster', 15, '2024-03-24 06:53', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwazhy4/', 'Because fiat is what we use for everyday purchases', '1bm91p6'], ['u/SlashRModFail', 10, '2024-03-24 13:23', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwbw4lu/', "People commenting here thinking that Bitcoins increased scarcity during the halving and its eventual price rise in the next 12 months won't affect shib are clowns.\n\nI will remind everyone single one of you clowns in 12 month's time.", '1bm91p6']]], ['u/m8094', 'I have to say, this sub’s unwavering confidence in Bitcoin is both encouraging and worrying', 55, '2024-03-24 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/', 'I new to Bitcoin, and want to have full confidence in it, but a part of me worries that this is history repeating itself where people put a lot of their eggs in the same basket, I my for it to dip and never come back up. I know Bitcoin is revolutionary vs normal stocks, but some people on this sub seem to see it as a risk free long term investment. \n\nI feel like it’s not that unlikely that bitcoin will be surpassed by another coin in the future that is more convenient, or that lack of adoption from the population will eventually lead to a slow death of bitcoin. Also, could bitcoin reach a price that people just find too high to pay for, and hence will have reach his ceiling earlier than expected. \n\nAll in all, I want to invest in bitcoin but want to be smart about it. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/', '1bm97pa', [['u/ammo_john', 54, '2024-03-24 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa802w/', "Don't force conviction, just study more.", '1bm97pa'], ['u/aeonChili', 43, '2024-03-24 03:00', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa8740/', 'During bull run times, this place becomes really noisy with a lot of silly braindead hype posts. Good for you to remain skeptical. Take the time and make smart decisions where you want to put your money, be it Bitcoin or something else.', '1bm97pa'], ['u/Jumpy-Penalty7909', 17, '2024-03-24 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa8uau/', 'Spend more time researching. You are never forced to buy it or allocate more than you are willing to lose. If I lost everything I ever invested into bitcoin it would still be the greatest and smartest risk I ever took. I don’t lose any sleep over it.', '1bm97pa'], ['u/thi3rdparty', 13, '2024-03-24 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa9g05/', 'Read broken money by Lynn Alden', '1bm97pa'], ['u/Comprehensive-Mall56', 13, '2024-03-24 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwaa1x5/', 'Used to see post like this ten years ago, Imagine actually listening to them? Id be broke.', '1bm97pa'], ['u/TrippingBananas', 10, '2024-03-24 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwaa9mj/', 'If everyone was already completely all in Bitcoin then the ride would be over. People being worried and still skeptical makes me happy because that keep Bitcoin risky which keep the big gains coming. Riskier the asset the more volatility right', '1bm97pa'], ['u/AcademicoMarihuanero', 20, '2024-03-24 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwabb12/', 'The more i read the more risk free Bitcoin looks', '1bm97pa'], ['u/Frogolocalypse', 10, '2024-03-24 03:58', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwafxxi/', 'I remember having this same conversation 10 years ago. And five years ago. And just now again. Weird.', '1bm97pa']]], ['u/Legitimate-Safety458', 'Finally Earned my First 0.25 BTC', 111, '2024-03-24 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/', 'I know it’s not much especially since i’ve been a follower for over 2 years. But recently i just earned a total of 0.25 by trading it and staking it. A long way to go to hit that 1 BTC, but I’m proud. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/', '1bm9p7a', [['u/aka_Newport', 13, '2024-03-24 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwab1la/', 'Fuck off', '1bm9p7a'], ['u/Cryptotiptoe21', 12, '2024-03-24 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwagjzw/', "Well being that I see countless articles and videos saying that all you need is 0.1 BTC for generational wealth in the near future you're probably already there man just keep stacking. Bitcoin has no top as long as the dollar has no bottom.", '1bm9p7a'], ['u/JustinCompton79', 11, '2024-03-24 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwaior7/', 'His wife’s boyfriend knows a guy.', '1bm9p7a'], ['u/jbgarrison72', 23, '2024-03-24 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwajglm/', '"Hi, I\'m Michael Saylor, owner of Microstrategy. We are announcing a giveaway..." /s', '1bm9p7a'], ['u/Normal-Jelly607', 22, '2024-03-24 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwalj0g/', '15k is a lot of money. Most people (98% of people on earth) can’t get 0.25 btc and never will be able to.', '1bm9p7a'], ['u/terabytetron', 14, '2024-03-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwaltqv/', 'Near future? Generational wealth? 0.1 btc @ $500k means $50k. And $1 million btc equals $100k. \nNot generational amounts considering these will be eat up by inflation in the coming years. 🤔🤷\n\nBut keep stacking though! 50k / 100k is better than nothing. 🤩', '1bm9p7a'], ['u/Awkward_Potential_', 16, '2024-03-24 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwamnjf/', 'How is YouTube not being held responsible for hosting scams?', '1bm9p7a']]], ['u/whalecaller', 'Thoughts on what happens next…', 50, '2024-03-24 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bm9xo6/thoughts_on_what_happens_next/', 'So a lot of mix opinions from community to friends in the space on if and when we see a pullback before-after the halving, I think people are underestimating “Wall Street” stepping into the crypto space.\n\n\nGBTC has around 3 months worth of selling that being said they keep the volume they’re selling at. \n\nI personally don’t see any pullback happening in the next 30 days that is significant enough to make me say we are in a downtrend (if so happened just not from 73 to 60).\n\nThat being said Stay humble stack sats…\n', 'https://i.redd.it/hmdlagavz6qc1.jpeg', '1bm9xo6', [['u/oldskoolr', 30, '2024-03-24 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bm9xo6/thoughts_on_what_happens_next/kwae5sw/', 'Blackrock own them on behalf of their customers.\n\nIf their customers sell there ETFs, you think Blackrock will still keep the Bitcoin?', '1bm9xo6']]], ['u/kstinmb', "Don't worry, be happy", 57, '2024-03-24 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/', 'Today, if you buy any amount of bitcoin, anywhere, (with $$ or whatever), someone else is selling. Every fraction of bitcoin that exists must be owned by someone (or is lost). So why are some people fretting about the 21M limit on the supply? There will always be a willing seller and willing buyer for some amount at some agreed price, right? Always. And with bitcoin transactions diced down to 8 decimal places, there will always be some small quantity available for sale. See the title.', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/', '1bmacyc', [['u/Maleficent-Bison4749', 16, '2024-03-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwalwyg/', 'there probably will be always some for sale. but personally my opinion is, with a combination of halvings, etf approval, long term holders probably going up that number will get smaller and smaller. its a simple supply shock there is huge huge volume happening on btc this month alone, if it continues as were still hovering around ath who knows how long it will run. 100% im all in on btc', '1bmacyc'], ['u/Scallion-External', 14, '2024-03-24 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwapzxj/', 'Who is fretting about the 21m supply? \nThink you’re missing the point. The 21m cap on the amount of btc is a feature of its value. There’s never going to be more. Limited supply = increase in value', '1bmacyc'], ['u/Responsible_Slip_243', 11, '2024-03-24 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwaw27p/', 'Wait till btc hits at least $100k. People who sold will flip out.', '1bmacyc']]], ['u/Disco-Tuna', 'Just started paper trading....10k to 135k yesterday,...but', 52, '2024-03-24 04:27', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/', "Started exploring trading about 3 months ago... Learning everything I can... Following lots of live charts to get a feel for price action... Started trading a paper account yesterday with TradingView... My first paper trading 'account' and any account actually. \n\nIt was Saturday, so started trading BTCUSDT. P futures as obviously still in play. Set my account to 10k, followed the action short & long, just plotting areas of predicted support/resistance and was predicting the direction correctly about 75% of the time..across 110 or so trades. Grew the account to 135k after about 7 hours... Essentially getting in and out within 5 to 30secs every time, so scalping I guess is the term... \n\nWas feeling awesome... Till I went and checked out the likely actual commission per trade.... This would have killed me dead meaning i would have been profitable on about 10 of those trades taking into account commission costs...(the big ones admittedly) . And therefore of course not profitable across the whole day (I need to go back and calculate the whole P/L to work out exactly where I would have been).... \n\nHowever, I was pleased with myself that I was making good predictions on the direction so well (in my eyes) \n\nSo my quesrions: is the price action on one instrument similarish to others? And hence should I take much confidence in the success I was seeing yesterday to transfer to something with lower commission fees? \n\nHow much does liquidity / and slippage impact real trading performance vs paper trading? \n\nAny other advice on expectations management appreciated. ", 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/', '1bmb5pv', [['u/fattytuna96', 129, '2024-03-24 04:38', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwakugx/', 'You have to realize that when you actually trade, emotions kick in as you start to consider the real implications of the numbers on your screen (the real money you’re playing with and what it can do to your life) and that can fuck with you, completely thwarting your strategy. But you need to be aware to always trade liquid stocks (low bid ask spread) so that you can always exit even when the trade goes sideways', '1bmb5pv'], ['u/naijaboiler', 63, '2024-03-24 04:45', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwals2p/', "exactly this. 110 trades in 7 hours where you have 75% prediction accuracy. yeah that's totally paper trading\n\nmaking that many trades in reali ife is a recipe for disaster . real life trading is just different", '1bmb5pv'], ['u/Rare_Dentist_4075', 11, '2024-03-24 04:57', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwan7d8/', "Open a small account to practice the emotional part and just try to stick to your trading rules. No hoping, let me say again, DO NOT HOPE. You do all the thinking part when your plotting important levels etc. , then after just follow entry/exit rules. That's it.", '1bmb5pv'], ['u/New-Row-3679', 13, '2024-03-24 05:36', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwarqw3/', 'Just send me your 10k now', '1bmb5pv'], ['u/Artistic_Bumblebee17', 21, '2024-03-24 05:43', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwasfvp/', 'Yes, after 2 trades I’m out, too fatigued and make bad decisions the third trade', '1bmb5pv'], ['u/Warlock1185', 17, '2024-03-24 06:11', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwavfju/', 'You will be shocked at how different your results will be live. Everyone can make millions paper trading, very few can pull it off in reality.\n\nYou started with 10k and ended up with 135k in one day - how much of your account were you risking per trade?', '1bmb5pv'], ['u/CutLegal1784', 13, '2024-03-24 06:17', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwavyre/', 'This is very true. I felt so confident in my paper trading account and I even took seriously as if the money real. But then I started trading... and the money was real.... and the feelings changed once you start seeing numbers fall so quick. You have to train yourself to be ok with those numbers.', '1bmb5pv'], ['u/CarelessCabbage', 15, '2024-03-24 06:21', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwawfo4/', 'This is the important factor. You could risk your whole account in one trade because it doesn’t matter but you won’t risk 100k in one trade of your own money you spent years working to save.', '1bmb5pv'], ['u/Riddlfizz', 22, '2024-03-24 06:31', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwaxeq8/', "Promising and interesting start, it seems. However, any scenario where you're able to 13X a $10,000 account in a day in simulation has to be a big red flag that you're not doing something that's very relatable to successful live trading. That's not a specific knock on you. That's just not a reasonable real return for, well, anyone let alone a newer trader. This is the video game aspect/down side of paper trading when it can differ greatly from real, live trading; it can also foster some bad trading habits.\n\nYou should be pleased with the promise you've seen in your trading, just not enamored with the paper trading results. Sounds like you have your head on straight and are taking your development as a trader earnestly and advice in stride, while taking paper trading results with a few grains of salt. Stick with the plan of refining your mechanics/knowledge/strategy of trading, continue watching/reviewing charts, and trade small sizes live when you can; with that approach, you'll continue setting yourself up well going forward.", '1bmb5pv']]], ['u/galileo634', 'Privacy and Anonymity of my BTC', 10, '2024-03-24 04:50', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/', 'I have BTC in Trezor for years. Bought on exchanges using KYC. Given the recent EU announcements I am concerned about the privacy and anonymity of my BTC. \nWhat options do I have so that my BTC on Trezor are not linked to me? What should I do to avoid this? Thanks ', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/', '1bmbki3', [['u/Vakua_Lupo', 13, '2024-03-24 05:09', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/kwaojw1/', 'Because of KYC the Exchange knows who you are, and they know the address of your crypto on the Blockchain. Plus if they know, then so does your local Tax Man. Unfortunately there is nothing anonymous about Bitcoin!', '1bmbki3']]], ['u/Every-Confection1745', 'Last Minute Play before Halving', 22, '2024-03-24 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/', 'Thinking about selling my car (worth ~18K), lease a car with a 2-3k down payment, and buy 15K worth of bitcoin… thoughts?? ', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/', '1bmbn2g', [['u/LiveCat6', 11, '2024-03-24 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaopv7/', 'The problem is if it takes a long time to recover your investment, will you be forced to sell at a potential loss?', '1bmbn2g'], ['u/common_citizen_00001', 10, '2024-03-24 05:12', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaoyft/', 'Please help me understand what is wrong with going on Craigslist/offerup/facebook marketplace and just buying a cheap car outright? No payments means more money for your bitcoin. Anyway that’s what I would do if I woke up in your shoes. Just buy an old Toyota or Honda. That’s what I did. My old car is what has allowed me to DCA every week. Anyways that’s my 2 sats.', '1bmbn2g'], ['u/Dynatox', 132, '2024-03-24 05:15', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapayb/', 'Don\'t do it.\xa0 \xa0Don\'t sell a necessary asset to fomo in.\xa0 I know everyone is telling you "you will never see these prices again cuz the big boys are here".\xa0\xa0\n\n\nThat\'s b.s.\xa0 I was here in 2021 when you were promised to never see sub 30k ever again. . . Probably not even sub 40k.\xa0 It was b.s. then.\xa0 \xa0The story is b.s. now.\xa0\xa0\n\n\nAfter the 2021 bull run we saw prices as low as 16k.\xa0 That was unthinkable in 2021 when we were into the 40s. . . 50s. . . 60s.\xa0\xa0\n\n\nI\'m not saying Don\'t buy bitcoin.\xa0 \xa0But the idea that Wallstreet is going to "price out the little guy" is bullshit.\xa0 \xa0Certainly dont sell needed assets.\xa0 There will always be great opportunities to buy bitcoin for the next several dozen years.\xa0\xa0\n\n\nMy own prediction. . . You will see prices <64k in 3 years time once the everything bubble bursts.', '1bmbn2g'], ['u/AdAffectionate8407', 21, '2024-03-24 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapm10/', 'Heresy! How dare you speak this way about bitcoin on the bitcoin reddit, the only way is up ! What bubble !', '1bmbn2g'], ['u/sambstone13', 107, '2024-03-24 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapzgw/', "Don't", '1bmbn2g'], ['u/RepulsiveAmount69', 27, '2024-03-24 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaqmc3/', 'I think this might be a top signal', '1bmbn2g'], ['u/Nihil_Obstat753', 13, '2024-03-24 06:07', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwav0nq/', "do ur pro's & con's.\npro: purchase $15k worth of BTC. now what do u think it'll do this bull run? +50%, +100%, +>200%. then you'd b foolish not to proceed with ur plan.\ncon: if it tanks, & this was the ATH, well, u have a $300/ $400 monthly car payment. Is that within ur budget for the next X yrs? If, so, still doesn't seem that bad to proceed with ur plan. $300/ $400 per Mo = $3,600 - $4,800 per year. If u were to invest the car payments instead, it would take u 3 - 4 yrs to buy $15K. + car would only depreciate in value. Do ur own DD on ur financial situation.", '1bmbn2g'], ['u/MittenSplits', 32, '2024-03-24 06:45', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaysbq/', "Don't lease. Sell the nice car, buy a cheaper one. Stack the remainder in btc.", '1bmbn2g'], ['u/WorthFit4172', 17, '2024-03-24 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwazvpm/', 'Maybe sell your 18k car for a used 5k car and put the rest in Bitcoin.', '1bmbn2g'], ['u/randhava', 10, '2024-03-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwb9t6f/', 'Dont sell nothing, buy an egg. Sit on it. The egg will hatch into a chick… feed it nurture it into a full grown chicken. That chicken will lay 10 eggs… from 10 eggs … 100 chicken… 100 chicken will lay 1000 eggs… sell half … buy btc… with 500 chicken … repeat the cycle…', '1bmbn2g'], ['u/Ha55aN1337', 12, '2024-03-24 09:48', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwbdfnt/', 'Yeah. You could not be “buying the news” more than investing in an event everyone knows will happen and even know when it will happen.', '1bmbn2g']]], ['u/Opening-Sir1160', 'I’m not no foot eating ass nigga but pretty feet on a btc is a must 😭', 23, '2024-03-24 04:54', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/', 'What yall think ', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/', '1bmbnco', [['u/Chance-Blueberry7145', 10, '2024-03-24 04:58', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwancy3/', 'You niggas really be scared to do shit😵\u200d💫thats why yall get cheated on', '1bmbnco'], ['u/Significant-Ear4117', 11, '2024-03-24 05:50', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwat9vl/', 'Niggas like you prob eat shit stains out they girl ass to make her not cheat on you 😂', '1bmbnco'], ['u/Opening-Sir1160', 15, '2024-03-24 06:31', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwaxcw7/', 'Crazy as hell 🤮😭', '1bmbnco'], ['u/Efficient_Feed_4433', 18, '2024-03-24 07:18', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwb1obn/', 'Nah don’t get me wrong i don’t want no bear paw foot ass bitch but I’m 100% not looking at a bitches feet 😂 can’t see shit if she’s sitting on your face anyway', '1bmbnco'], ['u/Responsible-Cut3861', 17, '2024-03-24 09:53', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbdv87/', 'Facts love ya see some lil pretty feet’s up in the air diggin thru that missionary 🤣🤣', '1bmbnco'], ['u/Feet4Lifee', 15, '2024-03-24 10:52', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbif6w/', "I eat my girls ass, suck them toes, all that. If my bitch like it I'm on it. Y'all some childish ass mfs. 🤣", '1bmbnco'], ['u/bootleggahz', 18, '2024-03-24 11:11', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbjxki/', 'Username checks out', '1bmbnco'], ['u/Feet4Lifee', 13, '2024-03-24 11:12', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbk05b/', 'No shame in my game big homie', '1bmbnco']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, March 24, 2024', 28, '2024-03-24 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/', '1bmbr5o', [['u/Outrageous-Net-7164', 18, '2024-03-24 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwb2hg1/', 'I’m starting to like this consolidation phase. If we can stay in the 6’s until the halving and then start the next move up then I suspect 60 will be the floor for goblin town in 2026.', '1bmbr5o'], ['u/5dayoldburrito', 10, '2024-03-24 10:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbfe7v/', 'I think the ETF rejection is already priced in. Probably more room for upside surprises than downward ones', '1bmbr5o'], ['u/DamonAndTheSea', 29, '2024-03-24 11:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbl0xm/', 'Let’s explore some baseless speculation. (Trigger warning for 4 year cycle adherents). \n\nI think we’re going to see a mid-cycle top in coming months, perhaps followed by a true blow off into 2025 or early 2026. \n\nBitcoin is in a parabolic move. We’re about to print the 7th green monthly candle which hasn’t happened since 2013. Enthusiasm is high, and most expect price to jettison $100k when last cycle was a disappointment. This is all happening while the stock market continues up without relief. Rate cuts are around the corner but often associated with market draw downs. \n\n[I’m now expecting Bitcoin to make a 5th wave move towards local highs before a longer consolidation period.](https://www.tradingview.com/x/ejd2nhbE/). Per the chart this would look like some final bear div up towards $80k - $120k before a large draw down and 6 - 8 month consolidation into end of year. This would completely confound 4 year cycle theory and be difficult to trade. \n\nOne of the things I’m looking at is stable coin dominance. [This is the Tether dominance squared with bitcoin price](https://www.tradingview.com/x/mpCrF4bE/), along with a custom indicator I built that measures the RSI of all stables gains the entire market. We’re nearing extremes of stables invested in the market which has often predicted reversals. \n\nThoughts?', '1bmbr5o'], ['u/DamonAndTheSea', 11, '2024-03-24 11:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwblvxs/', '[Willy Woo seeing the same thing](https://x.com/woonomic/status/1770048197584683412?s=61) (also terrible at trading).', '1bmbr5o'], ['u/phrenos', 10, '2024-03-24 12:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbprkp/', 'Feels like we might be released from our shackles soon. I believe!\xa0', '1bmbr5o'], ['u/mad_bitcoin', 10, '2024-03-24 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbsf30/', 'Bitcoin is going to do its slow climb back to ATH\n\n"Slowly, then suddenly"', '1bmbr5o'], ['u/kb1985', 10, '2024-03-24 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwc0l9o/', 'NGL I was expecting it to go slightly below 60k at some point. How things change!', '1bmbr5o'], ['u/xtal_00', 12, '2024-03-24 15:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwce9wc/', 'Woo completely missed the peak and draw down last cycle despite obvious indicators; I put him in the interesting editorial category.\n\nAll that matters is ETF inflows and the relative numbers of old coins shaking free.\n\nLots of people are going to dump around 100k; that will require consolidation. Then who knows?', '1bmbr5o'], ['u/WYLFriesWthat', 15, '2024-03-24 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwcfd6z/', 'It’s Groundhogs Day for bitcoin again. Look! Our little orange friend is sniffing the hourly 200MA! Will it jump on over? Or will it be six more days of winter?', '1bmbr5o'], ['u/waxheartzZz', 10, '2024-03-24 15:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwcgr3r/', "My theory is the genesis selling isn't happening on the weekend so net price increase\n\n\n\nthus super bullish once that selling ends", '1bmbr5o'], ['u/snek-jazz', 12, '2024-03-24 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwd46dp/', 'If you want a laugh read the post on buttcoin titled "Blackrock". Guy lays out pretty well all the evidence of why bitcoin is winning, but due to his bias comes to crazy conclusions from that data.', '1bmbr5o'], ['u/itsthesecans', 10, '2024-03-24 19:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdd8dd/', "A more generous reading of OPs meaning is that *since* genesis isn't selling on the weekend...", '1bmbr5o'], ['u/kb1985', 14, '2024-03-24 21:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdxxi1/', 'So if we are indeed out of the woods (round bottom, etf outflows getting lower and possibly turning into inflows again, no more trad fi FOMC drama, halving around the corner) - what’s next step?', '1bmbr5o'], ['u/caxer30968', 14, '2024-03-24 21:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdz3ab/', 'To fucking send it into another realm.', '1bmbr5o'], ['u/barfalloverewe', 10, '2024-03-24 21:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdzww2/', "I'm liking the downward trend of BTC supply on the exchanges. Maybe we're inching towards some supply shock. \n\nhttps://www.coinglass.com/Balance", '1bmbr5o'], ['u/btc-_-', 11, '2024-03-24 22:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe69rd/', 'perhaps too much hopium?\n\nhttps://i.imgur.com/NB23wGs.png\n\n!bittybot predict >ATH march 29 2024', '1bmbr5o'], ['u/goldenprey123', 15, '2024-03-24 22:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe6mfk/', 'ETF inflows decent’ this week = ath this week', '1bmbr5o'], ['u/4theWlN', 11, '2024-03-24 22:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe8hn5/', 'Watch the cme futures open. The last two times we had a nice rally over the weekend they opened up with a higher premium and I came in to short thinking it was overdone but it was in fact the beginning of powerful moves up. Let’s see if they are caught short again.', '1bmbr5o'], ['u/ChadRun04', 14, '2024-03-24 23:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwegjo7/', 'Looked fun on finex.\n\nAbout 450 coins bought\n\nhttps://i.imgur.com/I6vmD1M.png', '1bmbr5o'], ['u/Cadenca', 30, '2024-03-24 23:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kweitam/', 'Ameripoors better not dump this on open', '1bmbr5o'], ['u/Top_Plantain6627', 15, '2024-03-24 23:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kweo7cr/', 'WeEKeNdz ArE fAkE !', '1bmbr5o']]], ['u/rBitcoinMod', 'Daily Discussion, March 24, 2024', 30, '2024-03-24 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1bll7u6/daily_discussion_march_23_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/', '1bmdrnf', [['u/bbiittccooiinn', 10, '2024-03-24 08:52', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwb970a/', 'Queue the dramatic "it\'s crashing!" 3 regulars on the daily.', '1bmdrnf'], ['u/StrivingPlusThriving', 10, '2024-03-24 10:51', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbi9ry/', "Get your sats off the exchanges and into self-custody!!\n\nUse the FAQs for this subreddit to learn best practices and opsec.\n\nMake it happen!! Let's go!!\n\n⚡️🧡\n🍊💊\n🍯+🦡\n💎🙌\n🔑=🧀\n🌍/21M", '1bmdrnf'], ['u/Just1_More', 11, '2024-03-24 11:50', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbn4wz/', 'Yesterday, you said you opened a long at 63,700. Why do you even bother spouting this bullshit?', '1bmdrnf'], ['u/Just1_More', 12, '2024-03-24 12:08', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbop4z/', "Honestly, I'd rather see none of your updates.", '1bmdrnf'], ['u/escodelrio', 15, '2024-03-24 12:49', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbsjmr/', "Historical Bitcoin prices for today, March 24th:\r \n\r \n2024 - $65,140\r \n2023 - $27,462\r \n2022 - $44,013\r \n2021 - $52,325\r \n2020 - $6,745\r \n2019 - $3,995\r \n2018 - $8,547\r \n2017 - $940\r \n2016 - $415\r \n2015 - $247\r \n2014 - $568\r \n2013 - $72\r \n2012 - $4.7\r \n2011 - $0.90\r \n\r \nAdditional Stats:\r \n\r \nBitcoin's current market cap is $1.28 trillion.\r \n\r \nBitcoin's average daily trading volume for the last 7 days is 81,934 ₿.\r \n\r \nBitcoin's average daily number of transactions for the last 7 days is 371,662.\r \n\r \nBitcoin's average daily hashrate for the last 7 days is 600 exahashes per second.\r \n\r \nBitcoin's average daily price from 18-Jul-2010 to 24-Mar-2024 is $10,811.87.\r \n\r \nBitcoin's average daily price for the year 2024 is $52,165.40.\r \n\r \n1 US Dollar ($) currently equals: 1,535 satoshis; making 1 penny equal 15.35 sats.\r \n\r \nThere are currently 19.66M BTC in circulation, leaving 1.34M to be mined.\r \n\r \nThere are currently 52,489,482 nonzero Bitcoin addresses.\r \n\r \nBitcoin's current block reward is 6.25₿, which is worth $407,126.88 per block.\r \n\r \nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\r \n\r \nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\r \n\r \nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\r \n\r \nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\r \n\r \nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\r \n\r \nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\r \n\r \nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 11.66% from the ATH.", '1bmdrnf'], ['u/harvested', 12, '2024-03-24 13:37', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbxpp7/', 'God, your posts are annoying. What is it this time, leveraged long or short?', '1bmdrnf'], ['u/TomSurman', 13, '2024-03-24 14:18', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwc2q7p/', 'TA is astrology for finance bros.', '1bmdrnf'], ['u/AverageUnited3237', 11, '2024-03-24 15:49', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwcfnly/', 'The trading volume flipped from 42.4 to 49.7 billion. Classic GPT', '1bmdrnf'], ['u/Just1_More', 11, '2024-03-24 16:30', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwcm87u/', 'POTUS just signed the 1.2 Trillion spending package. Bitcoin the great absorber awaits.\n\nPamp it.', '1bmdrnf'], ['u/Financial_Design_801', 10, '2024-03-24 20:19', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwdokv4/', 'Bitcoin is machine money and we are in the age of the machines. 99% still don’t get this. As if Ai’s will open up bank accounts or hold gold & silver.', '1bmdrnf'], ['u/Shaantie', 10, '2024-03-24 20:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwdowph/', 'You seem lost, WSB is that way 👉', '1bmdrnf'], ['u/vnielz', 13, '2024-03-24 22:06', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwe6ea0/', 'Unreal that there are still people thinking 100k isn’t in the cards this year', '1bmdrnf'], ['u/Vdhsvhsvhshvshsjdkkd', 27, '2024-03-24 22:29', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwea772/', 'The FED uses btc price information for exactly zero rate setting decisions... Lol.', '1bmdrnf'], ['u/iamDanger_us', 16, '2024-03-24 22:32', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kweaope/', "it means he has a short position so he's desperately wanting btc to go down lol", '1bmdrnf'], ['u/Simply2use', 15, '2024-03-24 22:38', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwebpbw/', "This guy's would be funny if he wasn't so annoyingly obnoxious. He's desperately calling every movement evidence it's about to crash. Even if it goes up for days before dropping again, or weeks, or months, he's going to be swearing up and down that he was right all along.\xa0\n\n\nWe need flairs in this sub for idiots.", '1bmdrnf'], ['u/cubeeless', 11, '2024-03-24 22:38', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwebq3p/', 'BTC to $40k!', '1bmdrnf'], ['u/IcyHunt3639', 11, '2024-03-24 22:46', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwed4xh/', 'We....back....boys??? (In a quiet voice)', '1bmdrnf'], ['u/Tron_Passant', 10, '2024-03-24 22:51', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwedukr/', 'Bless your heart I hope you find work soon', '1bmdrnf'], ['u/unsane_sandwiches', 12, '2024-03-24 23:09', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwegq5h/', '🌽 never 😴', '1bmdrnf'], ['u/ieatvegans', 10, '2024-03-24 23:13', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwehfek/', 'Nice to see $67k again.\n\nMaybe we get a nice weekly close.', '1bmdrnf']]], ['u/agave_wheat', 'Is there any evidence that Generation Z is actually socialist?', 46, '2024-03-24 07:13', 'https://www.reddit.com/r/Enough_Sanders_Spam/comments/1bmdx7r/is_there_any_evidence_that_generation_z_is/', "Coming back from a party this evening, when someone said that this next generation will make massive changes and desire more socialism, I had to ask what makes you think they won't want the same things as everyone else such as a home, job, gadgets, etc? \n\nWe talked back and forth a bit, then went on to other topics, but it has stuck in my mind a bit. What aspects of socialism are Gen Z actually engaging in?\n\nYes, there is more support for unions generally,... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", "CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', 'Wall Street giant, BlackRock continues their march forward into the crypto space with a newtokenizedasset fundSECfiling, with $100 million inUSDCseededon-chaintowards the fund. In the same week,Optimismrolled out theirpermissionlessfault proof system on the Sepoliatestnetin a move towards furtherdecentralizationof the Superchain.\nTotal Value Locked(TVL) across all chains dip further as cryptocurrency majors continue on their downtrend, taking down thealtcoinmarket with it. Notable outperformers to the trend includeBitcoinL2,Stacks,Coinbase-backed L2,Base, and Move-based L1s,SuiandAptos.\nSource:https://coinmarketcap.com/chain-ranking/\nWith the AI space heating up as the next big narrative for the crypto space, Crypto Distilled breaks down the AI Agent sector and where it stands today.\nTL;DR:\n• Autonomous agents are the gold standard, being able to detect inputs and act based on their environment. They can self-learn and improve based on inputs and their actions\n• Verification of accuracy and privacy of work done by the AI agent still remains difficult.\n• AI agents could play a significant role in theInternet of Things(IoT) landscape, with agents being able to instruct other bots and machines to streamline current workflows and processes.\nBlackrock files for a tokenized asset fund with the SEC in collaboration with Securitize, seeding $100 million in USDC in the same week on theEthereumblockchain. In true crypto fashion, users have been depositingmemecoinsto the same address and evendustingthe address with ETH tokens fromTornado Cash.\nOther Product Launches and Updates\n• ETH native liquid restaking protocol,EtherFi, releases the second of their trilogy of products, Liquid, an automated vault strategy to optimize yield strategies for assets in theEtherFiecosystem.\n• Vault protocol,Yearn Finance, releases Yearn V3, unveiling new vaults and strategies foryield farmerson Ethereum.YearnV3 vaults bring better automation,composabilityand flexibility to DeFi users.\n• Multi-chaindecentralized exchange(DEX),Paraswap, unveils Augustus v6, the latest update to the protocol for better routing and cheaperswaps. Unfortunately, a bug was uncovered shortly after and the funds were secured in awhite hat hack, with refunds underway to affected users.\n• Cross chainautomated market maker(AMM),Catalyst AMM, opens their final testnet: Tiger. Tiger brings to the protocol multi-chainliquidity pools, instant finality and trust-minimized relaying.\n• On-chain structured products provider,Index Coop, releases ETH2x and BTC2x, intending to provideleveragedexposure to ETH and BTC, powered byAave. These new tokens are designed to replace the existing Flexible Leverage Index (FLI) tokens. Current holders do not need to take any action.\n• F(x) Protocol releases rUSD, astablecoinbacked by liquid restaking tokens. Users can now mint and redeem rUSD while earningliquid stakingyields, FXN token incentives, EtherFi points andEigenLayerpoints.\nOptimism releases itsopen-sourced, permissionless fault proof system on the Sepolia testnet, taking the next step forward to enable fully permissionless withdrawals and deposits onto the chain and chains within Optimism’s Superchain network.\nPortfolio tracker andwalletprovider, Zerion, announces their upcoming L2 chain, Zero, which is expected to launch in late Q2 or early Q3. The chain seeks to offer zerogasfees for users on the chain to help in onboarding new users into crypto.\nBitDAO-backed L2,Mantle, teases the upcoming feature enabling thestakingof MNT tokens to earn Ethena Shards, the point system of stablecoin protocol, Ethena.\nOther Product Launches and Updates\n• Multi-chainDEX aggregator,Matcha, releases gasless swaps on Optimism, enabling swaps without ETH in your wallets on the chain.\n• StarkNet-based DeFi suite,Nostra, releases UNO, a StarkNet-native stablecoin backed by USDC. Users can now swap for UNO, borrow and lend it as well as deposit it into Nostra’s liquidity pools for boosted points.\nSolana DEX aggregator,Jupiter Exchange, unveils the Intuitive Launchpool Model (ILM), a generalized version of the LFG Launchpool, allowing any project to launch a specialized pool targeting the needs of their token and project.\nWallet abstraction service, Particle Network, announced their plans to launch their very ownL1, built on theCosmosSDK andBerachain’s Polaris framework. The L1 seeks to power chain abstraction through universal accounts, unified liquidity across chains and universal gas tokens on all chains.\nCosmos-basedEthereum Virtual Machine(EVM) chain,Canto, announces the Canto Cyclone Stack, an upgrade to bring the parallelized EVM to the chain. The upgrade will take place over three phases, introducing faster block times, smoother transactions and removal of storage bottlenecks to the chain.\nInjectivelaunches Token Station, their native token launcher, enabling anyone to launch a token in a permissionless manner on Injective, with no-coding experience, in just a couple of minutes.\nDymensionRollApp, Nim Network, releases the eligibility checker for their upcoming NIM tokenairdrop, where 9% of the total supply, or 90 million tokens will be distributed. Eligible wallets include DYM stakers and specific token andNFTcommunities among others.\nETH liquid restaking protocol, EtherFi, opens claims for their first ETHFI token airdrop, with claims available until 16th June. Unclaimed tokens will be returned to the treasury and rolled into the Season 2 airdrop instead.\nBridginginfrastructure protocol,PolyHedra Network, also opens up claims for theirgovernancetoken, ZK. The claim period closes in one month, on 19th April.\nCold Blooded Shiller once again drops wisdom on us as the market continues to chop this week, reminding us to not confuse gambling with trading.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The dollar value of the mean onchain transfers on the Bitcoin blockchain remain well below the 2021 peak, data tracked by Glassnode show.\n• That\'s a sign of investors holding on to their coin stash in anticipation of higher prices, analysts at Blockware Solutions said.\nBitcoin\'s {{BTC}} price recently rose to new record highs above $70,000. Still, the real economic activity on the Bitcoin blockchain is limping along, not sprinting.\nThe divergence partly represents strong holding sentiment in the market, according to one research firm.\n"Average on-chain transfer volume (USD Denominated) is well below the 2021 bull market peak. Hardly any value is being moved on-chain," analysts at Blockware Solutions said in the latest edition of the Blockware Intelligence newsletter. "Nobody wants to sell."\nData tracking firm Glassnode defines transfer volume as the U.S. dollar value of the total BTC transferred on-chain. The metric considers only successful transfers.\nAt press time, the seven-day and 14-day average mean transfer volume stood below $200,000, a far cry from $1 million and higher during the 2021 bull market, data tracked by Glassnode show.\nWall Street\'s embraceof the Nasdaq-listed spot bitcoin ETFs has been the primary reason for bitcoin\'s latest rally. In other words, the spot volume has been concentrated in ETFs, which also explains the low on-chain volume.\nNevertheless, other metrics also indicate that investors who survived the 2022 bear market are holding onto their coin stash in anticipation of a continued price rally.\nFor instance, the percentage of bitcoin supply that was last active between hree and five years ago continues to increase. Several analysts expect bitcoin\'s price to rally into six figures in the coming months,eventually peakingwell above $150,000.\n"Once we see the price really start to move, that\'s when on-chain volume will surge. Older coins will move to exchanges to be sold. Until then, low on-chain volume is a sign of supply-side illiquidity," analysts at Blockware said.\nBitcoin changed hands at $67,700 at press time, up 5% on a 24-hour basis. The CoinDesk 20 Index, a broader market gauge, was up 5% as well.', '• The dollar value of the mean onchain transfers on the Bitcoin blockchain remain well below the 2021 peak, data tracked by Glassnode show.\n• That\'s a sign of investors holding on to their coin stash in anticipation of higher prices, analysts at Blockware Solutions said.\nBitcoin\'s {{BTC}} price recently rose to new record highs above $70,000. Still, the real economic activity on the Bitcoin blockchain is limping along, not sprinting.\nThe divergence partly represents strong holding sentiment in the market, according to one research firm.\n"Average on-chain transfer volume (USD Denominated) is well below the 2021 bull market peak. Hardly any value is being moved on-chain," analysts at Blockware Solutions said in the latest edition of the Blockware Intelligence newsletter. "Nobody wants to sell."\nData tracking firm Glassnode defines transfer volume as the U.S. dollar value of the total BTC transferred on-chain. The metric considers only successful transfers.\nAt press time, the seven-day and 14-day average mean transfer volume stood below $200,000, a far cry from $1 million and higher during the 2021 bull market, data tracked by Glassnode show.\nWall Street\'s embraceof the Nasdaq-listed spot bitcoin ETFs has been the primary reason for bitcoin\'s latest rally. In other words, the spot volume has been concentrated in ETFs, which also explains the low on-chain volume.\nNevertheless, other metrics also indicate that investors who survived the 2022 bear market are holding onto their coin stash in anticipation of a continued price rally.\nFor instance, the percentage of bitcoin supply that was last active between hree and five years ago continues to increase. Several analysts expect bitcoin\'s price to rally into six figures in the coming months,eventually peakingwell above $150,000.\n"Once we see the price really start to move, that\'s when on-chain volume will surge. Older coins will move to exchanges to be sold. Until then, low on-chain volume is a sign of supply-side illiquidity," analysts at Blockware said.\nBitcoin changed hands at $67,700 at press time, up 5% on a 24-hour basis. The CoinDesk 20 Index, a broader market gauge, was up 5% as well.', '(Updates at 0830 GMT)\nBy Rae Wee and Harry Robertson\nSINGAPORE/LONDON, March 25 (Reuters) - The dollar slipped on Monday, with the threat of currency intervention from Japanese authorities and a government-driven rally in China\'s yuan weighing on the U.S. currency.\nThe Japanese yen was slightly higher on the day and last stood at 151.29 per dollar, having bottomed at a four-month trough of 151.86 last week that left it within striking distance of a 32-year low near 152 per dollar hit in 2022.\nJapan\'s top currency diplomat said on Monday the yen\'s current weakness did not reflect fundamentals, adding to the rhetoric of government officials who have stepped up warnings in recent days over the currency\'s decline.\nThe yen has dropped despite the Bank of Japan hiking interest rates out of negative territory last week. Traders think rates in Japan will remain low for some time and therefore the big interest rate gap with the U.S. will stay in place, boosting the appeal of the dollar.\n"Japanese officials\' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I think that\'s keeping dollar/yen from moving substantially higher."\nThe dollar index was last down 0.1% at 104.35, having clocked a weekly gain of nearly 1% last week.\nChina\'s yuan was the most notable mover in FX markets on Monday, climbing roughly 0.3% in onshore markets to 7.21 to the dollar, while its offshore counterpart climbed around 0.4%.\nSources told Reuters that China\'s major state-owned banks were seen to be selling dollars for yuan in onshore markets on Monday, helping reverse a sudden fall at the end of last week.\nThe Chinese currency has been pressured by growing market expectations of further monetary easing to prop up the world\'s second-largest economy.\n"The support to the renminbi (yuan) has helped to limit Friday\'s advance of the dollar, as has some quite aggressive verbal intervention in support of the yen from Japanese officials," said Chris Turner, global head of markets at ING.\nEuropean currencies regained a small amount of ground on Monday, after dropping last week as investors bought the dollar on the basis that the Federal Reserve seems in no rush to ease rates compared to some of its peers.\nBets for a June rate cut by the European Central Bank and the Bank of England (BoE) have risen substantially after the Swiss National Bank became the first major central bank to lower borrowing costs last week and BoE Governor Andrew Bailey told the Financial Times that rate cuts "were in play" this year.\nThe euro was last up 0.1% at $1.0818, climbing off a near three-week low. Sterling rose 0.08% to $1.2611, having slid more than 1% last week.\nElsewhere, the Australian dollar rose 0.21% to $0.6528.\nBitcoin climbed 5.6% to $67,030. It has fallen around 9% since hitting a record high above $73,800 on March 14.\n(Reporting by Rae Wee in Singapore and Harry Robertson in London; Editing by Shri Navaratnam, Jamie Freed and Sharon Singleton)', '(Recasts lead, updates to add detail in paragraph 3, context in paragraphs 8-12)\nMarch 25 (Reuters) - Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains.\nLast month, Boston-based crypto firm Circle said it would no longer create its USDC tokens on the Tron blockchain, a decision it said "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBinance said it would end support for the stablecoin via the Tron blockchain from April 5 at 0200 GMT.\nUsers can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post.\nTron did not immediately respond to a Reuters request for comment.\nTron founder Justin Sun, a prominent crypto entrepreneur, was sued last year by the U.S. Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nWith around $32.1 billion in circulation, USDC is the eighth largest cryptocurrency and second-largest stablecoin, after Tether.\nMost of the USDC in circulation is based on the Ethereum blockchain, according to Circle\'s website. In February, before Circle ended support for Tron-based USDC, there was around $335 million USDC hosted on Tron.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel. (Reporting by Akanksha Khushi in Bengaluru, additional reporting by Elizabeth Howcroft in London; Editing by Shounak Dasgupta)', '(Reuters) -Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains.\nLast month, Boston-based crypto firm Circle said it would no longer create its USDC tokens on the Tron blockchain, a decision it said "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBinance said it would end support for the stablecoin via the Tron blockchain from April 5 at 0200 GMT.\nUsers can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post.\nTron did not immediately respond to a Reuters request for comment.\nTron founder Justin Sun, a prominent crypto entrepreneur, was sued last year by the U.S. Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nWith around $32.1 billion in circulation, USDC is the eighth largest cryptocurrency and second-largest stablecoin, after Tether.\nMost of the USDC in circulation is based on the Ethereum blockchain, according to Circle\'s website. In February, before Circle ended support for Tron-based USDC, there was around $335 million USDC hosted on Tron.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel.\n(Reporting by Akanksha Khushi in Bengaluru, additional reporting by Elizabeth Howcroft in London; Editing by Shounak Dasgupta)', 'Bitcoin\'s(CRYPTO: BTC)price hit a new all-time high of nearly $73,800 on March 14. It\'s pulled back to about $67,800 as of this writing, but it\'s still up more than 60% this year. That rally suggests the "crypto winter" is finally ending.\nSome investors will be wary of buying Bitcoin after those massive gains. However, I believe it\'s smart to invest $10,000 in the top cryptocurrency -- either through a direct purchase or through an exchange-traded fund (ETF) -- for four simple reasons.\nBitcoin and many other cryptocurrencies tumbled in 2022 as rising rates drove investors away from speculative investments. However, the Federal Reserve is widely expected to cut those rates two to three times this year as inflation cools off.\nAs interest rates decline, investors will likely shift back toward higher-growth plays like cryptocurrencies. That risk-on rotation should drive Bitcoin\'s price even higher this year.\nThe U.S. Securities and Exchange Commission (SEC) approved the market\'s first 11 spot price Bitcoin ETFs this January. That made it much easier to invest in Bitcoin -- which was previously accessible only through direct purchases on cryptocurrency exchanges or ETFs pinned to Bitcoin trusts and future contracts.\nThe six largest spot price Bitcoin ETFs now hold a combined $60.8 billion in assets under management (AUM) -- and that figure could keep climbing as retail and institutional investors add more shares to their portfolios. Ark Invest\'s Cathie Wood believes that if institutional investors allocate just 5% of their portfolios to Bitcoin, its price will surge to $1.5 million by 2027. That\'s a whopping gain ofmore than 2,100%from its current price.\nThe price ofEther(CRYPTO: ETH), the main token of the Ethereum network, also rose over 50% this year as the macro headwinds for the crypto market weakened. Many investors hoped the SEC would approve the first spot price Ether ETFs.\nHowever, the SEC recently requested more information from the Ethereum Foundation in Switzerland and is reportedly pushing Ether and other Ethereum tokens to be reclassified as securities -- which would potentially make the cryptocurrency subject\xa0to tighter government regulations than commodities. The SEC also reiterated its view that Bitcoin is the only cryptocurrency that can be classified as a commodity and tethered to a spot price ETF.\nThe SEC likely believes the Ethereum network\'s shift in September 2022 from the proof-of-work (PoW) model used by Bitcoin to a more energy-efficient proof-of-stake (PoS) model created a fundamental difference between the two cryptocurrencies. With the PoW model, miners directly minted the new cryptocurrencies. But with the PoS model, they are rewarded for locking up coins -- which makes the currencies more like securities than like commodities. The SEC\'s position is a big setback for Ether, but it reinforces the bullish thesis that Bitcoin is a stronger long-term play on the crypto market than Ethereum-based tokens.\nEvery four years, the rewards for mining Bitcoin are cut in half. That "halving" usually generates fierce headwinds for miners likeMarathon Digital, but it will also likely boost Bitcoin\'s market price by reducing its available supply.\nThe last halving occurred on May 11, 2020, back when one Bitcoin was worth only $8,800. The next halving is expected to occur this April. Some of the anticipation is likely already baked into Bitcoin\'s rising price, but it could soar even higher after the halving -- especially if it coincides with declining interest rates and rising institutional purchases.\nYou shouldn\'t invest $10,000 in Bitcoin if you can\'t stomach the near-term volatility. This is still a cryptocurrency that could be easily cut in half before it doubles. But if you can afford to stash away that $10,000 for at least a few years, it makes sense to buy some Bitcoin today as the ETF approvals, halving, and other catalysts draw in more investors.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool', 'Bitcoin\'s(CRYPTO: BTC)price hit a new all-time high of nearly $73,800 on March 14. It\'s pulled back to about $67,800 as of this writing, but it\'s still up more than 60% this year. That rally suggests the "crypto winter" is finally ending.\nSome investors will be wary of buying Bitcoin after those massive gains. However, I believe it\'s smart to invest $10,000 in the top cryptocurrency -- either through a direct purchase or through an exchange-traded fund (ETF) -- for four simple reasons.\nBitcoin and many other cryptocurrencies tumbled in 2022 as rising rates drove investors away from speculative investments. However, the Federal Reserve is widely expected to cut those rates two to three times this year as inflation cools off.\nAs interest rates decline, investors will likely shift back toward higher-growth plays like cryptocurrencies. That risk-on rotation should drive Bitcoin\'s price even higher this year.\nThe U.S. Securities and Exchange Commission (SEC) approved the market\'s first 11 spot price Bitcoin ETFs this January. That made it much easier to invest in Bitcoin -- which was previously accessible only through direct purchases on cryptocurrency exchanges or ETFs pinned to Bitcoin trusts and future contracts.\nThe six largest spot price Bitcoin ETFs now hold a combined $60.8 billion in assets under management (AUM) -- and that figure could keep climbing as retail and institutional investors add more shares to their portfolios. Ark Invest\'s Cathie Wood believes that if institutional investors allocate just 5% of their portfolios to Bitcoin, its price will surge to $1.5 million by 2027. That\'s a whopping gain ofmore than 2,100%from its current price.\nThe price ofEther(CRYPTO: ETH), the main token of the Ethereum network, also rose over 50% this year as the macro headwinds for the crypto market weakened. Many investors hoped the SEC would approve the first spot price Ether ETFs.\nHowever, the SEC recently requested more information from the Ethereum Foundation in Switzerland and is reportedly pushing Ether and other Ethereum tokens to be reclassified as securities -- which would potentially make the cryptocurrency subject\xa0to tighter government regulations than commodities. The SEC also reiterated its view that Bitcoin is the only cryptocurrency that can be classified as a commodity and tethered to a spot price ETF.\nThe SEC likely believes the Ethereum network\'s shift in September 2022 from the proof-of-work (PoW) model used by Bitcoin to a more energy-efficient proof-of-stake (PoS) model created a fundamental difference between the two cryptocurrencies. With the PoW model, miners directly minted the new cryptocurrencies. But with the PoS model, they are rewarded for locking up coins -- which makes the currencies more like securities than like commodities. The SEC\'s position is a big setback for Ether, but it reinforces the bullish thesis that Bitcoin is a stronger long-term play on the crypto market than Ethereum-based tokens.\nEvery four years, the rewards for mining Bitcoin are cut in half. That "halving" usually generates fierce headwinds for miners likeMarathon Digital, but it will also likely boost Bitcoin\'s market price by reducing its available supply.\nThe last halving occurred on May 11, 2020, back when one Bitcoin was worth only $8,800. The next halving is expected to occur this April. Some of the anticipation is likely already baked into Bitcoin\'s rising price, but it could soar even higher after the halving -- especially if it coincides with declining interest rates and rising institutional purchases.\nYou shouldn\'t invest $10,000 in Bitcoin if you can\'t stomach the near-term volatility. This is still a cryptocurrency that could be easily cut in half before it doubles. But if you can afford to stash away that $10,000 for at least a few years, it makes sense to buy some Bitcoin today as the ETF approvals, halving, and other catalysts draw in more investors.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool', 'In anticipation of the market volatility expected with the upcoming Bitcoin halving, PrismaStake announces the launch of its advanced staking platform. Designed for resilience in fluctuating markets, it offers robust passive income opportunities through ETH crypto staking, altcoin staking, and beyond. Arthur Kennedy, Founder & CTO, emphasizes PrismaStake\'s role in stabilizing crypto earnings.\nMelbourne, Australia, March 25, 2024 (GLOBE NEWSWIRE) --\nIn the ever-evolving landscape of cryptocurrency, the impending Bitcoin halving stands as a pivotal event that historically triggers significant market volatility. Amidst this backdrop,PrismaStakeemerges as a beacon of innovation and stability, announcing the official launch of its multi-chain staking platform. Designed to withstand the ebbs and flows of the crypto market, PrismaStake introduces a novel approach to cryptocurrency staking, offering a secure and lucrative avenue for investors to earn passive income, especially during periods of market uncertainty.\nArthur Kennedy, the visionary Founder & CTO of PrismaStake, shared his perspective on the timing of the launch: "With the Bitcoin halving on the horizon, we understand the apprehensions surrounding market volatility. PrismaStake is our answer to those seeking stability and consistent returns in these turbulent times. Our platform is built to empower users, allowing them to leverage staking as a strategic asset in their investment portfolio."\nThe significance of Bitcoin halving events cannot be overstated, often leading to sharp fluctuations in the crypto market as the reward for mining new blocks is halved, theoretically decreasing the supply of new bitcoins entering the market. This anticipated volatility underscores the importance of having diverse investment strategies, such as those offered by PrismaStake, to navigate the changing tides.\nPrismaStake\'s platform distinguishes itself by offering a secure, decentralized environment for staking a variety of cryptocurrencies, including ETH crypto staking and altcoin staking. Utilizing cutting-edge smart contracts, PrismaStake ensures that users can partake in innovative staking pools with attractive Annual Percentage Rates (APRs), regardless of market conditions. This approach not only mitigates the risks associated with market volatility but also maximizes earning potential.\nA cornerstone of PrismaStake\'s offering is its resilience in the face of market fluctuations. By providing multi-chain liquidity provision, the platform allows users to diversify their staking activities across multiple blockchains. This diversity is crucial for spreading risk and enhancing potential rewards, especially in a market bracing for the impact of the Bitcoin halving.\nMoreover, PrismaStake prioritizes user autonomy and security, employing decentralized smart contracts to protect users\' staking transactions. "In these uncertain times, securing our users\' investments with the most robust blockchain technologies is our top priority. Our platform not only offers a safe harbor from market volatility but also ensures that staking remains a viable and profitable strategy for earning passive income," Arthur Kennedy remarked.\nPrismaStake\'s commitment to community building and user education is especially pertinent as the market navigates the implications of the Bitcoin halving. Through its rewarding referral program and educational resources, PrismaStake aims to foster a well-informed community of stakers who can make strategic decisions in a volatile market environment.\nThe platform\'s user-friendly interface ensures that anyone, from seasoned investors to those new to cryptocurrency staking, can easily start staking and earning passive income. This accessibility is critical for attracting a broad user base seeking stable investment options in the lead-up to and aftermath of the Bitcoin halving.\nAs PrismaStake continues to develop and adapt its services to meet the changing needs of the cryptocurrency market, it remains firmly committed to its vision of democratizing access to cryptocurrency earnings. "We\'re not just navigating the volatility; we\'re embracing it as an opportunity to strengthen and expand our platform. PrismaStake is here to redefine what it means to earn passive income in the world of cryptocurrency, offering peace of mind and profitability in equal measure," concluded Kennedy.\nAbout PrismaStakePrismaStake is revolutionizing the crypto space with its innovative decentralized staking platform, enabling users to earn passive income through diverse cryptocurrency staking opportunities. By harnessing the power of advanced smart contracts, the platform guarantees secure and profitable staking options, including ETH crypto staking and altcoin staking. Designed to cater to both seasoned investors and newcomers, PrismaStake emphasizes security, flexibility, and user autonomy, providing a reliable method for enhancing digital asset earnings. With a commitment to offering competitive returns and fostering a vibrant community, PrismaStake is redefining the future of decentralized finance by making cryptocurrency staking accessible and rewarding for all.\nFor more information, visit PrismaStake\'s website and start your staking journey today.\nFor media inquiries, please contact:Name: Nicholas SwanPosition: Marketing & Community ManagerEmail: [email protected]:https://prismastake.finance/\nDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Nicholas Swan PrismaStake contact at prismastake.finance', '(Updates prices at 1205 GMT)\nBy Harry Robertson and Rae Wee\nLONDON/SINGAPORE, March 25 (Reuters) - The dollar slipped on Monday, with the threat of currency intervention from Japanese authorities and a government-driven rally in China\'s yuan weighing on the U.S. currency.\nThe Japanese yen was around 0.1% higher and last stood at 151.29 per dollar, having bottomed at a four-month trough of 151.86 last week that left it within striking distance of a 32-year low near 152 per dollar hit in 2022.\nA rise in the yen helped push the dollar index down 0.16% to 104.26, after a weekly gain of nearly 1% last week.\nJapan\'s top currency diplomat said on Monday the yen\'s weakness did not reflect fundamentals, adding to the rhetoric of government officials who have stepped up warnings in recent days over the currency\'s decline.\nThe yen has dropped despite the Bank of Japan hiking interest rates out of negative territory last week. Traders think rates in Japan will remain low for some time and therefore the big interest rate gap with the U.S. will stay in place, boosting the appeal of the dollar.\n"Japanese officials\' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I think that\'s keeping dollar/yen from moving substantially higher."\nChina\'s yuan found some strength on Monday, climbing roughly 0.2% in onshore markets to 7.21 to the dollar, while its offshore counterpart rose around 0.4%.\nSources told Reuters that China\'s major state-owned banks were seen to be selling dollars for yuan in onshore markets on Monday, helping reverse a sudden fall at the end of last week.\nThe Chinese currency has been pressured by growing market expectations of further monetary easing to prop up the world\'s second-largest economy.\n"The support to the renminbi (yuan) has helped to limit Friday\'s advance of the dollar, as has some quite aggressive verbal intervention in support of the yen from Japanese officials," said Chris Turner, global head of markets at ING.\nEuropean currencies regained some ground on Monday, after dropping last week as investors bought the dollar on the basis that the Federal Reserve seems in no rush to ease rates compared to some of its peers.\nThe euro was last up 0.19% at $1.0828, climbing off a near three-week low. Sterling rose 0.31% to $1.264, having slid more than 1% last week.\nBets for a June rate cut by the European Central Bank and the Bank of England (BoE) have risen substantially after the Swiss National Bank became the first major central bank to lower borrowing costs last week and BoE Governor Andrew Bailey told the Financial Times that rate cuts "were in play" this year.\nElsewhere, the Australian dollar rose 0.31% to $0.6535.\nBitcoin climbed 5.4% to $66,900. It has fallen around 9% since hitting a record high above $73,800 on March 14.\n(Reporting by Harry Robertson in London and Rae Wee in Singapore; Editing by Sharon Singleton and Mark Potter)', 'Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available\nFort Lauderdale, FL, March 25, 2024 (GLOBE NEWSWIRE) --Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launchedMARAFWandMARA UCB 2100, industry leading firmware and a control board designed to improve the performance, efficiency, and versatility of various Bitcoin mining rigs.\nFor the past year, Marathon has been developing and testing MARAFW and MARA UCB 2100 control board as part of its vertical tech stack to optimize performance. The Company is currently rolling out MARAFW across its fleet of more than 200,000 Bitcoin mining rigs.\nGiven the positive results of these initial rollouts, Marathon is now offering both MARAFW and MARA UCB 2100 to the broader Bitcoin mining community. Marathon has already successfully sold MARAFW and MARA UCB2100 to multiple enterprise clients. The Company is now providing all interested miners with the opportunity to experience some of the unique technology that sets Marathon apart.\nMARAFW is custom firmware designed to optimize the individual chip settings of Bitcoin miners, providing an opportunity to improve their performance and efficiency while stabilizing operations. MARAFW offers several key features that seek to optimize Bitcoin miners, including increasing hash rate while maintaining optimal efficiency and allowing for quick auto-tuning or manual customization of settings for targeted performance. It provides options for overclocking to assist in boosting bitcoin production or underclocking for improved efficiency. Additionally, MARAFW includes intelligent thermal protection to defend miners against overheating, thereby protecting their longevity. MARAFW is compatible with the majority of stock control boards, as well as Marathon’s MARA UCB 2100.\nMARA UCB 2100 is a replacement control board, designed in-house by Marathon, that comes preloaded with Marathon’s proprietary firmware – MARAFW. The control board supports various Bitcoin mining rigs and is compatible across multiple mining pools.\n“One of Marathon’s key differentiators is its vertical tech stack, and for the first time, we are providing the broader mining community with an opportunity to experience some of the proprietary technologies that set Marathon apart,” said Fred Thiel, Marathon’s chairman and CEO. “With MARAFW and MARA UCB 2100, we have developed a unique set of complimentary products that we believe can help miners better navigate the upcoming halving and beyond. We invite all parties who are interested in mining like Marathon to contact us and test some of the unique technologies that we are developing to improve profitability, efficiency, and stability.”\nFrom March 26 to March 27, 2024, Marathon will be showcasing the new MARA UCB 2100 control board at theEmpower Conferencein Houston.\nMARAFW and MARA UCB 2100 are available for purchase today. To schedule a demo or to learn more about these products, visitmara.com/firmwareandmara.com/control-board.\nInvestor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 28, 2024. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Forward-Looking Statements" below.\nForward-Looking StatementsStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company\'s Annual Reports on Form 10-K, as may be supplemented or amended by the Company\'s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.\nAbout Marathon Digital HoldingsMarathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America.\nFor more information, visitwww.mara.com, or follow us on:\nTwitter:@MarathonDHLinkedIn:www.linkedin.com/company/marathon-digital-holdingsFacebook:www.facebook.com/MarathonDigitalHoldingsInstagram:@marathondigitalholdings\nMarathon Digital HoldingsCompanyContact:Telephone: 800-804-1690Email:[email protected]\nMarathon Digital Holdings Media Contact:Email:[email protected]', 'Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available\nFort Lauderdale, FL, March 25, 2024 (GLOBE NEWSWIRE) --Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launchedMARAFWandMARA UCB 2100, industry leading firmware and a control board designed to improve the performance, efficiency, and versatility of various Bitcoin mining rigs.\nFor the past year, Marathon has been developing and testing MARAFW and MARA UCB 2100 control board as part of its vertical tech stack to optimize performance. The Company is currently rolling out MARAFW across its fleet of more than 200,000 Bitcoin mining rigs.\nGiven the positive results of these initial rollouts, Marathon is now offering both MARAFW and MARA UCB 210 Last 60 Days of Bitcoin's Closing Prices: [39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-25 Financial & Commodity Data: - Gold Closing Price: $2174.80 - Crude Oil Closing Price: $81.95 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,371,210,867,481 - Hash Rate: 550845688.6799122 - Transaction Count: 317064.0 - Unique Addresses: 623335.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has led the crypto craze in 2024, performing extremely well and turning heads across the financial sector. The price has continued to rise, and many do not see the bullish momentum ending anytime soon. As exchange-traded funds (ETFs) continue to bring inflows and the upcoming halving potentially serves as a further catalyst, the future outlook for Bitcoin looks promising. A huge number of people have invested in Bitcoin. There are over 50 million Bitcoin wallets with a nonzero balance, and Bitcoin ETFs mean that this number could be even higher. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? With Bitcoin's dominance in 2024, many are looking at the token more as a prospective investment and less as a store of value. After a huge run and setting new highs in 2024, some investors are simply looking for a quick profit on a trade of Bitcoin. This contrasts slightly from the previous bull market in 2020 and 2021. At that time, many saw Bitcoin as a way to hedge against high inflation and as a store of value because of its unique token supply system. Bitcoin's supply is constantly increasing as new tokens are given to miners who verify transactions. However, the amount of tokens given each day will continue to be cut in half every four years in a process known as a halving. This means that the token supply is increasing at a slowing rate, contrasting traditional money supplies,which generally increase exponentially. Bitcoin has strong deflationary properties in terms of token supply that can help the price appreciate faster than inflation. This allows Bitcoin owners to potentially hold an asset that gains buying power over time. This is the essence of Bitcoin as a store of value, as opposed to a speculative investment. Bitcoin fans hold it precisely for this reason. They believe that the buying power of Bitcoin will continue to increase over time. They also see a path for large-scale Bitcoin adoption, meaning that they could eventually make all of their purchases with Bitcoin. Trending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. To back up these ideas, there are a few metrics that deal with the buying power of Bitcoin over time. In particular,a post on X from user @IIICapitalrecently went viral for showing the median U.S. house price in terms of BTC: 2012 – 50,616 BTC 2013 – 19,127 BTC 2014 – 351 BTC 2015 – 901 BTC 2016 – 697 BTC 2017 – 323 BTC 2018 – 24 BTC 2019 – 84 BTC 2020 – 46 BTC 2021 – 10 BTC 2022 – 20 BTC 2023 – 14 BTC 2024 – 7 BTC For reference, the median house in 2012cost around $240,000, while Bitcoin's low in 2012 was around $4.70, leading to about 50,000 BTC per house. In 2024, the median house price is just under $420,000, while Bitcoin recently surpassed $70,000. At that price, the median house is worth six Bitcoin. The data is a bit skewed, using yearly lows in Bitcoin during the early years to inflate the number of Bitcoin per house slightly, but the data is accurate. If you had put a few dollars in Bitcoin in 2012, you could now afford a house priced at more than $450,000. This deflationary aspect of Bitcoin is a key reason that HODLers continue to buy the token. Read Next: • Bitcoin has jumped another 45% already this year –how much would you need to get started today? • Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articleHow Many Bitcoins Does It Take To Buy A House? The Number Might Surprise Youoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', 'SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", 'By Tom Westbrook\nSINGAPORE, March 26 (Reuters) - Asian equities climbed on Tuesday but could not break this month\'s highs as mixed messages from U.S. Federal Reserve policymakers left doubts hanging over the timing of interest rate cuts.\nThe risk of Japan intervening to prevent further falls in the yen put a little pressure on the dollar, however it rose against the yuan on speculation that China may tolerate a weaker currency.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, with gains for South Korean chipmakers SK Hynix and Samsung Electronics leading the Kospi up 1.2%.\nJapan\'s rocketing Nikkei was steady, as was the yen at 151.31 per dollar.\nOvernight, Chicago Fed President Austan Goolsbee said he had pencilled in three rate cuts this year, while Fed Governor Lisa Cook urged caution and Atlanta Fed President Raphael Bostic re-iterated Friday remarks trimming his expectations to one cut.\nThe diversity of views throws a few wildcards into the policy outlook while markets wait on the next U.S. inflation indicators due when many markets will be closed for Good Friday.\n"Comments by FOMC participants suggest to us that four voters – Bostic, Bowman, Mester, and Barkin – see zero, one or two cuts this year," said Standard Chartered strategist Steve Englander.\n"We still think (chairman Jerome) Powell has eight votes for easing, but he probably does not want an 8-4 vote on the first cut of the cycle. Rather, he may hope that good inflation outcomes will allow him to swing a couple of votes into the cutting camp in the coming months."\nInterest rate futures price about three Fed rate cuts this year and about a three-in-four chance of the first cut in June.\nU.S. two-year yields, which track short-term interest rate expectations, rose in New York trade overnight then fell 4.5 basis points in the Asia morning to 4.58%.\nS&P 500 futures rose 0.1% and the cash index closed 0.3% lower overnight.\nIn foreign exchange, Monday\'s rhetoric from Japan\'s top currency diplomat, Masato Kanda, kept the yen steady as traders weigh the risk of Japan buying heavily. Kanda said the yen\'s recent slide was "strange" and "speculative".\nThe Bank of Japan (BOJ) lifted interest rates last week but the yen has fallen near to three-decade lows on the dollar.\n"Much like in 2016, when the BOJ cut rates to negative and (dollar/yen) went down, this month\'s BOJ decision to exit negative rates is a nothingburger and a red herring for (dollar/yen)," said Spectra Markets President Brent Donnelly.\n"The pair continues to follow some combination of U.S. yields and Nikkei, with yields the primary driver."\nChina\'s yuan opened steady after a stronger-than-expected fixing of its trading band, but selling pressure soon drove it to the weak side of its 200-day moving average at 7.2165 per dollar.\nMarkets were unsettled by a sharp drop in the yuan on Friday, after months of tight trading, and some speculate China is loosening its grip on the currency to allow it to fall.\n"Whether this reflects a shift in FX policy remains to be seen but accommodative monetary conditions are necessary in the face of growth headwinds," said BofA Securities\' strategist Adarsh Sinha.\n"If (yuan) depreciation sustains and coincides with a weaker credit impulse, Asia FX is vulnerable."\nLater on Tuesday, the Reserve Bank of New Zealand\'s chief economist is due to speak and U.S. manufacturing, services and consumer confidence figures are due. U.S. core PCE data is due on Friday.\nGold and oil prices were broadly steady in commodities trade, with spot gold at $2,169 an ounce and Brent crude futures up 24 cents a barrel to $86.99.\nBitcoin hovered just above $70,000 after rising sharply on Monday.\n(Editing by Lincoln Feast.)', '• US stocks sold off on Monday as investors await further commentary from the Fed and inflation data.\n• February core PCE and personal spending data will be released on Friday.\n• Fed President Austan Goolsbee said he expects three interest rate cuts in 2024.\nUS stocks sold off on Monday as investors await further commentary from the Federal Reserve and more inflation data.\nFed President Austan Goolsbee said he expects the central bank to cut interest rates three times in 2024, which is in-line with current market expectations.\n"We\'re in an uncertain state but it doesn\'t feel to me like we\'ve changed fundamentally the story that we\'re getting back to target," Goolsbee said on Monday.\nMeanwhile, Fed President Raphael Bostic said he expects only one rate cut this year.\n"As long as the economy is strong, as long as GDP is high, as long as businesses are hiring and folks have jobs, I\'m not in a hurry to get inflation down to 2%," Bostic said on Monday.\nFed Governor Christopher Waller and Fed Chairman Jerome Powell will speak later this week, and investors will continue to listen for any clues from the Fed members as to when the central bank may consider cutting interest rates.\nMeanwhile, more inflation data is scheduled to be released on Friday, with the February core PCE Index. The median forecasts suggest core PCE will rise 2.8% year-over-year, which is in-line with the previous reading. Investors will be unable to react to the data until next week, as the stock market is closed on Friday in observance of Good Friday.\nHere\'s where US indexes stood shortly after the 9:30 a.m. opening bell on Monday:\n• S&P 500:5,218.22, down 0.3%\n• Dow Jones Industrial Average:39,313.77, down 0.41% (-162.13 points)\n• Nasdaq Composite:16,384.47, down 0.27%\nHere\'s what else is going on today:\n• Boeing CEO Dave Calhoun will step down from the company at the end of the year.Calhoun\'s resignation comes amid an ongoing safety saga for the plane manufacturer. Boeing stock jumped on the news.\n• JPMorgan initiated coverage on Super Micro Computerwith an "Overweight" rating and set a $1,150 price target for the AI stock.\n• The AI boom in the stock market could make it difficult for the Fed to cut interest rates,a top economist said.\n• Bank of America said stocks could rise another 34%by 2026, and the bull market could last until 2033.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.77% to $82.06 a barrel.Brent crude, the international benchmark, climbed by 1.59% to $86.79 a barrel.\n• Goldrose by 0.65% to $2,174.00 per ounce.\n• The 10-year Treasury yield rose 5 basis points to 4.26%.\n• Bitcoinsurged 5.43% to $70,858.\nRead the original article onBusiness Insider', "Coinbase, the leading US-based cryptocurrency exchange, is experiencing a surge in its stock price as Bitcoin and the overall crypto market is rallying. With Bitcoin surpassing $70,000 per coin, Coinbase's publicly-traded shares (COIN:NASDAQ) are trading at $279.65, reaching its highest value since the peak of the last crypto bull run in November 2021.\nOver the past month, Coinbase's stock price has soared by 44%, and saw an increase of 346% over the past year, according to NASDAQ data. Coinbase went public in April 2021, debuting at $381 per share. However, due to the crypto bear market, its stock traded down to as low as $33.26 on January 6.\nCoinbase recently announced plans to raise $1 billion through a private offering of convertible senior notes for institutional investors. The San Francisco-based exchange is also offering various services, including custody, to major players in the crypto industry like BlackRock.\nCoinbase's financial performance has been robust, as evidenced by its Q4 2023 results, revealing a profit of $273.4 million.Bitcoin (BTC)currently stands at $70,243, gaining 5.25% over the past 24 hours.", "Coinbase, the leading US-based cryptocurrency exchange, is experiencing a surge in its stock price as Bitcoin and the overall crypto market is rallying. With Bitcoin surpassing $70,000 per coin, Coinbase's publicly-traded shares (COIN:NASDAQ) are trading at $279.65, reaching its highest value since the peak of the last crypto bull run in November 2021.\nOver the past month, Coinbase's stock price has soared by 44%, and saw an increase of 346% over the past year, according to NASDAQ data. Coinbase went public in April 2021, debuting at $381 per share. However, due to the crypto bear market, its stock traded down to as low as $33.26 on January 6.\nCoinbase recently announced plans to raise $1 billion through a private offering of convertible senior notes for institutional investors. The San Francisco-based exchange is also offering various services, including custody, to major players in the crypto industry like BlackRock.\nCoinbase's financial performance has been robust, as evidenced by its Q4 2023 results, revealing a profit of $273.4 million.Bitcoin (BTC)currently stands at $70,243, gaining 5.25% over the past 24 hours.", "The crypto markets are showing signs of recovery after a sharp sell-off last week, withBitcoin (BTC)reclaiming the $70,000 level. Among the top 10 digital currencies by market capitalization,Solana (SOL)andAvalanche (AVAX)have emerged as the top performers, recording significant gains over the past 24 hours.\nSolana, currently the best-performing token among the top 10, has experienced a notable 15% gain from the lows of the sell-off. SOL surged from $165 to $190, building on its rebound from the weekend, according to CoinMarketCap data. However, analystsbelieveSolana may be approaching a critical zone, with certain indicators like the average directional index (ADX) and relative strength index (RSI) suggesting a potential correction or even a trend reversal.\nAvalanche, the native cryptocurrency of the Avalanche ecosystem, has also demonstrated strong price performance, surging 18% from the lows of the recent sell-off. The positive performance of Avalanche may be attributed to the Avalanche Foundation's efforts to boost its memecoin ecosystem through a liquidity injection program.\nDespite concerns over more outflows from the spot Bitcoin ETFs, particularly Grayscale’s GBTC, the reclaim of the $70,000 level for BTC signals positive momentum ahead of the Bitcoin halving in April. This could set the leg for altcoins like SOL and AVAX to continue its bullish momentum.", "Grayscale, a prominent cryptocurrency asset management firm, remains optimistic about the approval of spotEthereum (ETH)exchange-traded funds (ETFs) in May, despite recent concerns over the lack of engagement from the U.S. securities regulator.\nCraig Salm, the Chief Legal Officer of Grayscale,expressedconfidence in the approval of ETFs and dismissed the notion that the perceived lack of engagement from regulators should determine the outcome. Salm emphasized that many of the issues related to spot Ether ETFs had already been resolved before spot Bitcoin ETFs were approved. These issues included creation and redemption procedures, cash and in-kind models, asset protection, loss prevention, and custody.\nAccording to Salm, the Securities and Exchange Commission (SEC) has already engaged with the issuers, and as a result, there is less to engage on this time. He further stated that the case for spot Ether ETFs is just as strong as it was for spot Bitcoin ETFs.\nHowever, ETF applicants seeking to incorporate staking into their spot Ether ETFs may need to address an additional concern with the regulator. Companies such as Ark 21Shares, Fidelity, and Franklin Templeton have included staking in their applications and will need to resolve this matter.\nBloomberg ETF analysts Eric Balchunas and James Seyffart have expressed concerns about the lack of engagement from the SEC and have lowered their odds for the approval of spot Ether ETFs in May to 25%. Numerous companies, including BlackRock, VanEck, ARK 21Shares, Fidelity, Invesco Galaxy, Grayscale, Franklin Templeton, and Hashdex, have applied for spot Ether ETFs and are awaiting SEC approval. The SEC is expected to make a final decision on VanEck's application by May 23, and all applicants are expected to receive a decision on that day.", "The London Stock Exchange (LSE) hasannouncedits plans to launch exchange-traded notes (ETNs) forBitcoin (BTC)andEthereum (ETH)on May 28, providing investors with investment products that track the performance of these cryptocurrencies.\nApplications for crypto ETNs can be submitted starting from April 8, with successful funds expected to be listed the following month, subject to approval from the country's Financial Conduct Authority (FCA). In order to be considered, issuers must submit a draft prospectus and a letter explaining how they meet the requirements for ETNs by April 15.\nTo gain approval, the crypto ETNs must be physically backed, non-leveraged, have a reliable value based on the underlying market price, and be denominated solely in BTC or ETH. Furthermore, the underlying assets must be held in cold storage by a custodian licensed for Anti-Money Laundering regulations in the United Kingdom, European Union, or United States.\nHowever, it is important to note that these ETNs will only be available to professional investors, as the UK FCA has prohibited the sale of crypto derivatives and ETNs to retail investors since January 2021.\nIn its two-year plan, the FCA has expressed its intention to strengthen measures against market abuse in the crypto space. In October of the previous year, the FCA implemented new regulations for crypto-related marketing, emphasizing its commitment to taking robust action against any potential breaches.", "The London Stock Exchange (LSE) hasannouncedits plans to launch exchange-traded notes (ETNs) forBitcoin (BTC)andEthereum (ETH)on May 28, providing investors with investment products that track the performance of these cryptocurrencies.\nApplications for crypto ETNs can be submitted starting from April 8, with successful funds expected to be listed the following month, subject to approval from the country's Financial Conduct Authority (FCA). In order to be considered, issuers must submit a draft prospectus and a letter explaining how they meet the requirements for ETNs by April 15.\nTo gain approval, the crypto ETNs must be physically backed, non-leveraged, have a reliable value based on the underlying market price, and be denominated solely in BTC or ETH. Furthermore, the underlying assets must be held in cold storage by a custodian licensed for Anti-Money Laundering regulations in the United Kingdom, European Union, or United States.\nHowever, it is important to note that these ETNs will only be available to professional investors, as the UK FCA has prohibited the sale of crypto derivatives and ETNs to retail investors since January 2021.\nIn its two-year plan, the FCA has expressed its intention to strengthen measures against market abuse in the crypto space. In October of the previous year, the FCA implemented new regulations for crypto-related marketing, emphasizing its commitment to taking robust action against any potential breaches.", 'U.S. stock markets saw a pullback on Monday to start a holiday-shortened week. However, Wall Street is likely to record the fifth consecutive winning month despite volatility. The AI-driven rally of the last 15 months is showing no sign of losing pace.\nThe AI-space is yet to unfold in the United States and international markets. Smart devices need computing and learning capabilities to perform face detection, image recognition and video analytics capabilities. These require high processing power, speed and memory, low power consumption, and better graphic processors and solutions, which bode well for the semiconductor industry.\nOverall investors’ sentiment remains bullish. The latest weekly American Association of Individual Investors sentiment survey shows that 43.2% of respondents remain bullish on stock markets for the next six months, well above the historical average of 37.5%.\nIn this respect, we will get more details from the Conference Board’sConsumer Confidence Indexand the University of Michigan’sConsumer Sentiment Indexfor March this week.\nMeanwhile, China has enforced new guidelines that will phase out U.S. processors in government computers and servers. The new guidelines will effectively block chips ofIntel Corp.INTC andAdvanced Micro Devices Inc. AMD from being exported to China.\nThe CEO of the embattled aerospace giantThe Boeing Co.BA Dave Calhoun will step down at the end of 2024. This will be an important part of a broad management overhaul. Larry Kellner, chairman of the board, will be succeeded by Steve Mollenkopf to pick a new CEO.\nOn the other hand, biotech bigwigAmgen Inc.AMGN has decided to make a foray into an overcrowded field of developing a next-generation weight loss drug. This field has so far been dominated byNovo Nordisk A/SNVO andEli Lilly and Co.LLY.\nHowever, Amgen has claimed that its injectable treatment will be different from the existing injectable therapies. A section of analysts expects the market size of this therapy to reach $100 billion by the end of the decade.\nIn the cryptocurrency space,Bitcoinreclaimed the crucial $70,000 level. The largest crypto hit an all-time high of $73,797.68 on Mar 14. Thereafter, it entered into a correction mode declining more than 15% last week. On Mar 25, Bitcoin closed above 70,000 after briefly touching $71,239.31 in late afternoon trading.\nOn the economic data front, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced thatNew Home salesin February fell to 662,000 units, missing the consensus estimate of 678,000 units. The metric for January was revised upward to 664,000 units from 661,000 units reported earlier.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nThe Boeing Company (BA) : Free Stock Analysis Report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNovo Nordisk A/S (NVO) : Free Stock Analysis Report\nEli Lilly and Company (LLY) : Free Stock Analysis Report\nAmgen Inc. (AMGN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', '• Bitcoin briefly surpassed $71,000 on Tuesday, boosted by sentiment around possible new bitcoin-based institutional product offerings.\n• The London Stock Exchange approved a marketplace for trading BTC and ETH exchange-traded notes (ETNs) in May, which led to strong upside momentum for BTC, traders said.\n• Projects linked to Coinbase Ventures recorded the most gains, with an average 10% increase, while the CoinDesk 20, an index of the biggest tokens, rose 4.47%.\nBitcoin {{BTC}} briefly topped the $71,000 mark early Tuesday before retreating as market sentiment grew on new bitcoin-based institutional product offerings and demand from traditional desks.\nCrypto markets started rising on Monday as the London Stock Exchange approved a marketplace for trading bitcoin and ether {{ETH}} exchange-traded notes (ETNs) in May,as reported. The LSE will start to accept applications from April 8.\nSingapore-based QCP Capital said in a Telegram broadcast there was “strong upside momentum” for bitcoin after the development, with asset managers also continuing to add BTC allocations as a “portfolio diversifier.”\n“Anecdotally, wealth desks at major banks have been pleasantly shocked at the tremendous demand from clients for bitcoin spot ETFs and requests for structured products,” the firm added.\nBitcoin jumped nearly 5% in the past 24 hours, leading the rally among crypto majors, data show. Ether, Solana’s SOL, and Cardano’s ADA rose over 4.5%. Near Protocol’s NEAR and Internet Computer’s ICP jumped over 10% to post the most gains among alternative tokens.\nProjects linked to Coinbase Ventures, the investment arm of the prominent crypto exchange, recorded the most gains as a category with an average 10% bump. Such gains came as sentiment and on-chain activity on the closely related Base blockchain grew over the weekend.\nThe broader CoinDesk 20, an index of the biggest tokens minus stablecoins,rose 4.47%. Data shows that open interest in crypto-tracked futures jumped nearly 8%, indicative of money flowing into the market—which usually precedes volatility.\nThe rise helped erase losses from last week amid record outflows from the Grayscale bitcoin ETF (GBTC). Inflows to other bitcoin ETFs dropped in tandem, giving rise to concerns of aspot-driven selloff.\nSome market analysts said the waning inflows were not a sign of concern, however, as long-term investors could have partially profited from their positions.\n“We also do not see the state of inflows into spot Bitcoin ETFs as any cause for concern,” Bitfinex analysts said in an email “Even though negative ETF outflows featured heavily last week, all of it is from the Grayscale Bitcoin Trust (GBTC), as investors both switch out of the higher fees demanded by GBTC and also take profit, especially as many of these investors are long-term holders who entered during the bear market.”\n“GBTC investors are not the only sellers in the market. Whale wallet activities have also indicated significant profit taking,” they added.', '• Bitcoin briefly surpassed $71,000 on Tuesday, boosted by sentiment around possible new bitcoin-based institutional product offerings.\n• The London Stock Exchange approved a marketplace for trading BTC and ETH exchange-traded notes (ETNs) in May, which led to strong upside momentum for BTC, traders said.\n• Projects linked to Coinbase Ventures recorded the most gains, with an average 10% increase, while the CoinDesk 20, an index of the biggest tokens, rose 4.47%.\nBitcoin {{BTC}} briefly topped the $71,000 mark early Tuesday before retreating as market sentiment grew on new bitcoin-based institutional product offerings and demand from traditional desks.\nCrypto markets started rising on Monday as the London Stock Exchange approved a marketplace for trading bitcoin and ether {{ETH}} exchange-traded notes (ETNs) in May,as reported. The LSE will start to accept applications from April 8.\nSingapore-based QCP Capital said in a Telegram broadcast there was “strong upside momentum” for bitcoin after the development, with asset managers also continuing to add BTC allocations as a “portfolio diversifier.”\n“Anecdotally, wealth desks at major banks have been pleasantly shocked at the tremendous demand from clients for bitcoin spot ETFs and requests for structured products,” the firm added.\nBitcoin jumped nearly 5% in the past 24 hours, leading the rally among crypto majors, data show. Ether, Solana’s SOL, and Cardano’s ADA rose over 4.5%. Near Protocol’s NEAR and Internet Computer’s ICP jumped over 10% to post the most gains among alternative tokens.\nProjects linked to Coinbase Ventures, the investment arm of the prominent crypto exchange, recorded the most gains as a category with an average 10% bump. Such gains came as sentiment and on-chain activity on the closely related Base blockchain grew over the weekend.\nThe broader CoinDesk 20, an index of the biggest tokens minus stablecoins,rose 4.47%. Data shows that open interest in crypto-tracked futures jumped nearly 8%, indicative of money flowing into the market—which usually precedes volatility.\nThe rise helped erase losses from last week amid record outflows from the Grayscale bitcoin ETF (GBTC). Inflows to other bitcoin ETFs dropped in tandem, giving rise to concerns of aspot-driven selloff.\nSome market analysts said the waning inflows were not a sign of concern, however, as long-term investors could have partially profited from their positions.\n“We also do not see the state of inflows into spot Bitcoin ETFs as any cause for concern,” Bitfinex analysts said in an email “Even though negative ETF outflows featured heavily last week, all of it is from the Grayscale Bitcoin Trust (GBTC), as investors both switch out of the higher fees demanded by GBTC and also take profit, especially as many of these investors are long-term holders who entered during the bear market.”\n“GBTC investors are not the only sellers in the market. Whale wallet activities have also indicated significant profit taking,” they added.', '• The bitcoin spot ETFs accumulated over $15 million on Monday, snapping a five-day outflow streak.\n• Inflows could gather pace as the quarter draws to a close, one analyst said.\nThe Nasdaq-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) registered inflows totaling $15.4 million on Monday, ending a five-day run of outflows, according to provisional datapublished byinvestment firm Farside.\nFidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT, which amassed $35.5 million. Other funds like BITB, BTCO, EZBC, and BRRR received between $11 million and $20 million each. Meanwhile, Grayscale’s ETF (GBTC) continued to bleed money, losing just over $350 million.\nLast week, the ETFs saw a cumulative outflow of $887.6 million, thanks to large withdrawals from GBTC.\nNearly a dozen spot ETFs debuted in the U.S. on Jan. 11, allowing investors to take exposure to the leading cryptocurrency while bypassing the hassles of owning and storing the digital asset. These ETFs invest directly in bitcoin and eliminate the need to rollover positions, a key feature of futures-based ETFs that went live in October 2021.\nSince the spot ETFs began trading, bitcoin has risen over 50% to $70,750. On Monday, prices rose just over 4%, briefly topping the $71,000 mark.\nMarkus Thielen, founder of 10x Research, said quarter-end flows could be stronger than usual, lifting the cryptocurrency’s price to new highs.\n“Bitcoin ETF flows turned around magically on Monday as Fidelity suddenly found $262m of buyers, compared to $18m, $3m, and $13m during the previous three sessions. Flows on Tuesday (30%) tend to cannibalize flows from Thursday (16%) and Friday (12%), while Monday and Wednesday (each 21%) see their fair ‘20%’ share per weekday," Thielen said Tuesday’s edition of the newsletter.\n“With bitcoin above $70,000, we can imagine that flows on Tuesday could also be positive again. With the quarter end, flows might be stronger than usual,” Thielen added.\nThielen stressed that spot ETF inflows and issuance of dollar-pegged stablecoin tether (USDT) need to pick up for bitcoin to chart another aggressive move higher, or else the burden of the rally would fall on futures traders’ shoulders. Tether, the world’s largest dollar-pegged stablecoin, is widely used as a funding currency in the crypto spot and derivatives markets.', '• The bitcoin spot ETFs accumulated over $15 million on Monday, snapping a five-day outflow streak.\n• Inflows could gather pace as the quarter draws to a close, one analyst said.\nThe Nasdaq-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) registered inflows totaling $15.4 million on Monday, ending a five-day run of outflows, according to provisional datapublished byinvestment firm Farside.\nFidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT, which amassed $35.5 million. Other funds like BITB, BTCO, EZBC, and BRRR received between $11 million and $20 million each. Meanwhile, Grayscale’s ETF (GBTC) continued to bleed money, losing just over $350 million.\nLast week, the ETFs saw a cumulative outflow of $887.6 million, thanks to large withdrawals from GBTC.\nNearly a dozen spot ETFs debuted in the U.S. on Jan. 11, allowing investors to take exposure to the leading cryptocurrency while bypassing the hassles of owning and storing the digital asset. These ETFs invest directly in bitcoin and eliminate the need to rollover positions, a key feature of futures-based ETFs that went live in October 2021.\nSince the spot ETFs began trading, bitcoin has risen over 50% to $70,750. On Monday, prices rose just over 4%, briefly topping the $71,000 mark.\nMarkus Thielen, founder of 10x Research, said quarter-end flows could be stronger than usual, lifting the cryptocurrency’s price to new highs.\n“Bitcoin ETF flows turned around magically on Monday as Fidelity suddenly found $262m of buyers, compared to $18m, $3m, and $13m during the previous three sessions. Flows on Tuesday (30%) tend to cannibalize flows from Thursday (16%) and Friday (12%), while Monday and Wednesday (each 21%) see their fair ‘20%’ share per weekday," Thielen said Tuesday’s edition of the newsletter.\n“With bitcoin above $70,000, we can imagine that flows on Tuesday could also be positive again. With the quarter end, flows might be stronger than usual,” Thielen added.\nThielen stressed that spot ETF inflows and issuance of dollar-pegged stablecoin tether (USDT) need to pick up for bitcoin to chart another aggressive move higher, or else the burden of the rally would fall on futures traders’ shoulders. Tether, the world’s largest dollar-pegged stablecoin, is widely used as a funding currency in the crypto spot and derivatives markets.', '[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "24,167.28", "AUM ($, mm)": "534,641.80", "AUM % Change<": "4.52"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "2,443.26", "AUM ($, mm)": "258,209.68", "AUM % Change<": "0.95"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,229.54", "AUM ($, mm)": "64,851.03", "AUM % Change<": "1.90"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "1,138.55", "AUM ($, mm)": "131,259.34", "AUM % Change<": "0.87"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "957.20", "AUM ($, mm)": "35,032.74", "AUM % Change<": "2.73"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "949.27", "AUM ($, mm)": "15,846.03", "AUM % Change<": "5.99"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "846.21", "AUM ($, mm)": "44,273.53", "AUM % Change<": "1.91"}, {"Ticker": "QUAL", "Name": "iShares MSCI USA Quality Factor ETF", "Net Flows ($, mm)": "797.92", "AUM ($, mm)": "42,873.15", "AUM % Change<": "1.86"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Net Flows ($, mm)": "740.61", "AUM ($, mm)": "7,088.24", "AUM % Change<": "10.45"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "610.41", "AUM ($, mm)": "38,759.24", "AUM % Change<": "1.57"}]\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-18,376.37", "AUM ($, mm)": "440,011.23", "AUM % Change": "-4.18"}, {"Ticker": "SCHD", "Name": "Schwab U.S. Dividend Equity ETF", "Net Flows ($, mm)": "-9,591.90", "AUM ($, mm)": "55,619.52", "AUM % Change": "-17.25"}, {"Ticker": "VYM", "Name": "Vanguard High Dividend Yield ETF", "Net Flows ($, mm)": "-3,306.20", "AUM ($, mm)": "54,237.14", "AUM % Change": "-6.10"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Net Flows ($, mm)": "-3,162.12", "AUM ($, mm)": "21,990.22", "AUM % Change": "-14.38"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-2,820.47", "AUM ($, mm)": "433,673.67", "AUM % Change": "-0.65"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "-2,357.68", "AUM ($, mm)": "84,108.62", "AUM % Change": "-2.80"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-2,312.28", "AUM ($, mm)": "65,156.08", "AUM % Change": "-3.55"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-1,970.87", "AUM ($, mm)": "22,881.19", "AUM % Change": "-8.61"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-1,881.65", "AUM ($, mm)": "56,000.27", "AUM % Change": "-3.36"}, {"Ticker": "MOAT", "Name": "VanEck Morningstar Wide Moat ETF", "Net Flows ($, mm)": "-1,795.91", "AUM ($, mm)": "14,957.58", "AUM % Change": "-12.01"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "100.13", "AUM ($, mm)": "7,362.94", "% of AUM": "1.36%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "44.56", "AUM ($, mm)": "17,859.72", "% of AUM": "0.25%"}, {"": "Commodities", "Net Flows ($, mm)": "459.29", "AUM ($, mm)": "131,852.79", "% of AUM": "0.35%"}, {"": "Currency", "Net Flows ($, mm)": "-635.43", "AUM ($, mm)": "58,425.05", "% of AUM": "-1.09%"}, {"": "International Equity", "Net Flows ($, mm)": "1,117.02", "AUM ($, mm)": "1,465,765.83", "% of AUM": "0.08%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "947.41", "AUM ($, mm)": "184,241.76", "% of AUM": "0.51%"}, {"": "Inverse", "Net Flows ($, mm)": "36.00", "AUM ($, mm)": "13,805.60", "% of AUM": "0.26%"}, {"": "Leveraged", "Net Flows ($, mm)": "-210.32", "AUM ($, mm)": "96,880.91", "% of AUM": "-0.22%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-26,273.48", "AUM ($, mm)": "5,474,632.89", "% of AUM": "-0.48%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "970.41", "AUM ($, mm)": "1,370,947.03", "% of AUM": "0.07%"}, {"": "Total:", "Net Flows ($, mm)": "-23,444.42", "AUM ($, mm)": "8,821,774.52", "% of AUM": "-0.27%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "316.71", "AUM ($, mm)": "6,976.77", "% of AUM": "4.54%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-142.60", "AUM ($, mm)": "17,324.50", "% of AUM": "-0.82%"}, {"": "Commodities", "Net Flows ($, mm)": "-5,676.89", "AUM ($, mm)": "122,903.56", "% of AUM": "-4.62%"}, {"": "Currency", "Net Flows ($, mm)": "7,691.19", "AUM ($, mm)": "50,305.15", "% of AUM": "15.29%"}, {"": "International Equity", "Net Flows ($, mm)": "15,435.72", "AUM ($, mm)": "1,406,733.51", "% of AUM": "1.10%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "5,138.62", "AUM ($, mm)": "180,217.67", "% of AUM": "2.85%"}, {"": "Inverse", "Net Flows ($, mm)": "-313.54", "AUM ($, mm)": "14,107.98", "% of AUM": "-2.22%"}, {"": "Leveraged", "Net Flows ($, mm)": "-4,488.62", "AUM ($, mm)": "89,154.43", "% of AUM": "-5.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "48,909.74", "AUM ($, mm)": "5,267,418.22", "% of AUM": "0.93%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "27,681.33", "AUM ($, mm)": "1,357,967.97", "% of AUM": "2.04%"}, {"": "Total:", "Net Flows ($, mm)": "94,551.66", "AUM ($, mm)": "8,513,109.76", "% of AUM": "1.11%"}]\n[{"Ticker": "USCL", "Name": "iShares Climate Conscious & Transition MSCI USA ETF", "Average Volume(30 Day)": "3,271", "1 Week AverageVolume": "88,180.00", "% of Average": "2,695.53%%"}, {"Ticker": "LQIG", "Name": "SPDR MarketAxess Investment Grade 400 Corporate Bond ETF", "Average Volume(30 Day)": "2,319", "1 Week AverageVolume": "46,872.00", "% of Average": "2,021.10%%"}, {"Ticker": "IBMR", "Name": "iShares iBonds Dec 2029 Term Muni Bond ETF", "Average Volume(30 Day)": "34,696", "1 Week AverageVolume": "605,658.00", "% of Average": "1,745.61%%"}, {"Ticker": "DBEU", "Name": "Xtrackers MSCI Europe Hedged Equity ETF", "Average Volume(30 Day)": "89,861", "1 Week AverageVolume": "1,556,122.00", "% of Average": "1,731.69%%"}, {"Ticker": "AMJB", "Name": "JPMorgan Alerian MLP Index ETN due January 28, 2044", "Average Volume(30 Day)": "3,778", "1 Week AverageVolume": "61,536.00", "% of Average": "1,628.72%%"}, {"Ticker": "QLV", "Name": "FlexShares US Quality Low Volatility Index Fund", "Average Volume(30 Day)": "22,776", "1 Week AverageVolume": "251,107.00", "% of Average": "1,102.51%%"}, {"Ticker": "IQSU", "Name": "IQ Candriam U.S. Large Cap Equity ETF", "Average Volume(30 Day)": "23,445", "1 Week AverageVolume": "258,338.00", "% of Average": "1,101.87%%"}, {"Ticker": "IBMM", "Name": "iShares iBonds Dec 2024 Term Muni Bond ETF", "Average Volume(30 Day)": "74,742", "1 Week AverageVolume": "742,435.00", "% of Average": "993.33%%"}, {"Ticker": "PIFI", "Name": "ClearShares Piton Intermediate Fixed Income ETF", "Average Volume(30 Day)": "1,027", "1 Week AverageVolume": "10,197.00", "% of Average": "992.69%%"}, {"Ticker": "XVV", "Name": "iShares ESG Screened S&P 500 ETF", "Average Volume(30 Day)": "23,269", "1 Week AverageVolume": "211,014.00", "% of Average": "906.84%%"}]\n[{"Ticker": "WGMI", "Name": "Valkyrie Bitcoin Miners ETF", "Weekly Performance": "13.13%", "Weekly Volume": "1,413,478", "AUM ($, mm)": "92.72"}, {"Ticker": "DAPP", "Name": "VanEck Digital Transformation ETF", "Weekly Performance": "10.94%", "Weekly Volume": "1,705,881", "AUM ($, mm)": "111.22"}, {"Ticker": "CRPT", "Name": "First Trust SkyBridge Crypto Industry and Digital Economy ETF", "Weekly Performance": "10.46%", "Weekly Volume": "388,538", "AUM ($, mm)": "56.29"}, {"Ticker": "FDIG" Last 60 Days of Bitcoin's Closing Prices: [41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-26 Financial & Commodity Data: - Gold Closing Price: $2175.60 - Crude Oil Closing Price: $81.62 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,375,728,005,138 - Hash Rate: 559191835.4780927 - Transaction Count: 317742.0 - Unique Addresses: 648004.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin hit a record high of $69,244 on Tuesday, eclipsing its previous record, hit in November 2021. • The cryptocurrency has surged 61% year to date and is up more than 200% over the past year. • Bitcoin has a total market value of $1.32 trillion, according to data from CoinMarketCap. The price of bitcoin hit a record high of $69,244 on Tuesday, according to data from StockCharts. The cryptocurrency eclipsed its prior record of just under $69,000, which was reached in November 2021 before an ensuing bear market led to a 77% price decline by the end of 2022. Since bitcoin bottomed in November 2022, it has soared 345%. The cryptocurrency is up 61% year to date and up more than 200% over the past year. Much of the gains in recent weekshave been driven by demand from spot bitcoin exchange-traded funds, which were approved by the Securities and Exchange Commission in January. Bitcoin ETFs from BlackRock and Fidelity have attracted a combined $17.8 billion in assets. The anticipation of a halving event in April has also contributed to excitement around the cryptocurrency. The halving event refers to the halving of bitcoin mining rewards, which should further limit new supply of the cryptocurrency. Bitcoin now has a total market value of $1.32 trillion, according to data from CoinMarketCap. And some analystsexpect bitcoin to continue hitting record highs, including Katie Stockton of Fairlead Strategies. Stockton said in a Monday note that if bitcoin closed above its "final resistance" level of $64,900 this Sunday, it would signal further upside of about 18% to $80,600. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/KamalNehme', 'Dollar rate suddenly stabilized at 89,000lbp lol... What happened?', 63, '2024-03-26 00:03', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', "The dollar rate used to go up and down more than bitcoin's price, the rate would drastically change from morning till after noon, and now suddenly the rate is stable at 89,000 for the past 5 6 months and nobody is questioning anything, just going along with it... \n\n\nJust curious from economical point of view, what suddenly happened lol, did the people in charge of the apps just got bored? \n\n\nNeed the finance peoples input here, i just find it super weird and super funny and super sad....all at the same time 😂", 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', '1bns1hn', [['u/throwaway90019_hs', 25, '2024-03-26 00:14', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwk9j4s/', 'Didnt the goverment accept 89k as the "new peg"', '1bns1hn'], ['u/NoidZ', 15, '2024-03-26 00:27', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbszg/', 'Official new PEG', '1bns1hn'], ['u/EducationalTicket103', 52, '2024-03-26 00:28', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbyoe/', "You're absolutely right. And everyone seems to think this is normal...", '1bns1hn'], ['u/ProgsRS', 39, '2024-03-26 00:42', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwke2aa/', 'Who remembers PEZ, great candy', '1bns1hn'], ['u/ProgsRS', 21, '2024-03-26 00:49', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkf9sf/', "Since this is Lebanon and not a single criminal has been held accountable and they're still in charge, probably some corruption scheme where the elite are enriching themselves further. Lebanese Pounds are worth no more than Monopoly paper and they're toying with and milking what's left of the collapsed economy.\n\nProbably using worthless LBP to buy and stash more USD. While the peg was much lower than that, they were buying USD at the official rates from their cronies and selling in the black market for around 10x more.", '1bns1hn'], ['u/kaskoosek', 14, '2024-03-26 01:16', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkjih9/', 'Usually, maintaining a peg costs usd and not the other way around.\n\nIn order to maintain a peg, the government would need to either balance the budget or or do outright purchases of lbp using foreign reserves.\n\nThe budget has been more or less balanced because a lot of the government revenue has been recalibrated to 89000 while expenses of salaries has not been readjusted.', '1bns1hn'], ['u/Strong-Age9985', 20, '2024-03-26 01:43', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwknvu5/', 'Did you know that Wassim Mansouri came in place of Riad Saleme temporarily?\nI don’t know who the guy is, or what sect he is, but i can tell you this:\nWhen he was asked to govern the central bank, he had one main request, not negotiable, that he would not lend money to the government.\nThey didn’t accept at first but didn’t find a better replacement so they caved in. Prepare for a disaster when a new governor is elected.\n\nI have a friend who works in the Central Bank he told me all about it.', '1bns1hn'], ['u/Azrayeel', 11, '2024-03-26 05:54', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwlmtsj/', "It started off with Riad 💩 reducing the total amount of LBP notes in the market greatly by opening the limit on the worst ever transaction known to men. Bring as man LBP you want to the bank. We return them to you as USD and take commission. Forgot the circular number of the transaction. Was it 161?\n\nAnyways, after it served its purpose, and mostly all exchangers + bankers made a shit tons of profit out of it, they finally stopped it.\n\nSo now, you have a market that doesn't have a huge number of LBP notes in it, and many of the public sector are/were having their wages given in USD.", '1bns1hn']]], ['u/_Eddro', 'Bitcoin Profit Taking', 14, '2024-03-26 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', 'Do you have a system for long-term Bitcoin profit-taking?', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', '1bntl77', [['u/bitusher', 18, '2024-03-26 01:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkjg1c/', 'No plans to take profits(just accumulating before this date) before the year 2029 for this reason \n\nhttps://old.reddit.com/r/BitcoinBeginners/comments/1b2lzd8/the_ultimate_question_about_bitcoin_and_its_value/ksmctd3/\n\nIf you are in the USA, its wise to wait at least 1 year for long term cap gains. Additionally, If you "take profits" its much wiser to spend the BTC directly or sell to someone wanting to invest in Bitcoin instead of sell for fiat on an exchange. Another "rule" is never "go full fiat"', '1bntl77'], ['u/AlternativeGazelle', 14, '2024-03-26 02:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkv4bc/', "I'll start to diversify some when I have enough to retire. \n\nListen to Saylor talk. Rich people don't look for opportunities to convert strong assets to cash. It's a bad idea to try to time the market. Just keep putting money into BTC and ride the roller coaster. The volatility works in your favor as long as the long term trend is up.\n\nOne area where I differ from Saylor and Bitcoin maxis is on the subject of diversification. Rich people do diversify. I'll plan to do that when I have enough to retire, but always hold a healthy amount of BTC.", '1bntl77']]], ['u/Every_Hunt_160', 'Will the SEC delay Ethereum’s push to $4k ?', 13, '2024-03-26 01:48', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', 'Ethereum stands at a crucial juncture, with its eyes set on the $4,000 price mark. \n\nAmid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC).\n\nNews source: https://www.newsbtc.com/news/ethereum/ethereum-rocky-road-to-4000-will-sec-hurdles-derail-its-bullish-journey/amp/', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', '1bnujrd', [['u/Friendly-Airline2426', 18, '2024-03-26 01:54', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkpo8x/', "I think the days when the SEC had a huge impact on Eth's price are long gone.\n\nWe simply do not care anymore, we're way too bullish.", '1bnujrd'], ['u/Prestigious_Lemon482', 15, '2024-03-26 01:57', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkq8l1/', "No is the simple answer.\n\nThe crypto market isn't in a bull run because people want ETH ETFs. Yes that helps but it's the reason. \n\nBitcoin halving is and this cyclic pattern. Bitcoin ETF. ETH upgrade. All of this will push ETH well past $5k", '1bnujrd']]], ['u/AreaFifty1', 'What were you doing in 2010 when Bitcoin was virtually unknown?', 17, '2024-03-26 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', 'I was playing games all day and never heard of it until 2018 🤦\u200d♂️🤦\u200d♂️', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', '1bnuxlt', [['u/hateschoolfml', 12, '2024-03-26 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwkzvyz/', 'Probably freeze tag in grade 4', '1bnuxlt'], ['u/Illustrous_potentate', 13, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwlbgpn/', 'Buying silver. Barf.', '1bnuxlt']]], ['u/9nij', 'bitcoin consultant', 27, '2024-03-26 02:40', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', 'I\'ve had it. I dont understand this stuff. I can only read so many blogs about the "decentralized network" and "miners solve complex math problems". I pride myself on being able to help clients but I just cannot with this bitcoin shit. i dont get it. Does anyone know someone who can explain this stuff to me? Does that exist? I will pay my own hourly rate for some god damned white glove help', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', '1bnvp2y', [['u/annual_confiscation', 20, '2024-03-26 03:14', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl29io/', "Ha! I know a guy. He is expensive but worth it. don't want to get removed for linking but its strategicblockchainservices dot com. He takes appts but can be hard to get", '1bnvp2y'], ['u/LucidLeviathan', 19, '2024-03-26 03:50', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl7mdb/', 'Ultimately, for our purposes, all you need to know are the following:\n\n* Computers solve math problems and upload their solutions to the cloud.\n* The servers translate those solutions into bitcoins.\n* People believe that bitcoins have value and are willing to pay real currency for them.\n* Bitcoin is handled in a manner not unlike numbered Swiss bank accounts. If you have the private and public information for a "wallet" that contains bitcoin, you have access to the contents of that wallet.\n\nUnless you have something specific or technical that you want to know, that should cover the basics.', '1bnvp2y'], ['u/MTB_SF', 44, '2024-03-26 04:06', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl9ws5/', 'Honestly, the original explanation of Bitcoin as a concept is a great explanation and place to start on the concept.\n\nhttps://bitcoin.org/bitcoin.pdf\n\nThat being said, crypto currencies in practice have just become a way to convince people to spend real money on fake money.', '1bnvp2y'], ['u/siciliannecktie', 10, '2024-03-26 05:18', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwlj0o6/', 'Can’t speak for OP. But, for me, it’s just a “why” question. Why does a computer solving a math equation give a thing value? Why does that become a bitcoin? Why can’t we just skip that step? And just make like a random number generator or something? It seems like what people like about bitcoin is the “numbered Swiss bank account” part. \n\nAlso, maybe more importantly, it just seems like greater fool theory. Or Dutch tulip mania. Or beanie babies. It’s just worth more because enough people say it is. (I realize that applies to anything. But, regardless of what the market thinks of my house, I can live it in and it will protect me from the elements. Regardless of what people think of the value of my vehicle, it will get me places I need to go).', '1bnvp2y'], ['u/Alucard1331', 10, '2024-03-26 11:15', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwmday0/', 'Lol', '1bnvp2y'], ['u/_learned_foot_', 12, '2024-03-26 11:30', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwmencu/', 'A concept supported by the vast majority and recognized as valued and further backed by physical assets and a rather large force team. That’s real money.', '1bnvp2y']]], ['u/StirChef', 'Where Is MSTR Headed?', 11, '2024-03-26 03:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/', 'I would like to get your regards opinion on where MSTR could be headed if BTC breaks ATH again and runs for 80k+. Seems to me it’s inevitable that MSTR breaks 2k very soon right? I’ve never seen such a pump like it watched today on MSTR, it was amazing to watch. What do you think should i go in tomorrow on calls?', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/', '1bnw8jd', [['u/iAmYim', 15, '2024-03-26 03:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/kwl3iw7/', 'I bought at $1400 during that dip, then paper hand and sold at $1500....and bought back today at $1850 ![img](emote\|t5_2th52\|4271)', '1bnw8jd']]], ['u/ryansky22', 'Are volumes legit in crypto? Being lectured on it by my dad. ', 21, '2024-03-26 03:06', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/', '\nSo I have been into Crypto since 2017, done fairly well and am holding a couple projects I like for a while now. Obviously Interested in crypto recent success, my dad who has for years invested in the stock market wanted to give his opinion. Well, he looked at the charts about a week ago and said based on his understanding of technical analysis a d volume, bitcoin was a must sell. He immediately urged me to sell a significant portion, at least half because it was going to correct significantly. I essentially told him, sure, it might but I would still like to continue to hold because I think we are early and I was not confident about “getting out and getting back in again.” The other logic was that he was making this assumption based on volume Indicators on the gbtc etf. Its not even the legit bitcoin. And most of my understanding of volume in crypto could be fake, like wash trading and stable coins, ect. But he said everything has supply and demand and this exchange volume cant be faked since its a publicly listed etf. Anyone have any advice on this ?', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/', '1bnw8mo', [['u/cryptokingmylo', 11, '2024-03-26 03:25', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwl3web/', 'A good chunk of it is probably wash trading but TA is pseudoscience....\n\nNo one knows shit about fuck,', '1bnw8mo'], ['u/sDollarWorthless2022', 11, '2024-03-26 04:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwl9vi0/', 'Grayscale only has so much btc they can sell and thus far, the inflows from the other etfs have outpaced the gbtc outflows. Once greyscale offloads most of their btc it’s fair to assume there won’t be many more big sellers out there. \n\nI think you’re smart to not try to time dips. So what if we go down to the 50k range. U clearly have had faith in the asset over a long time period, and that’s why you’ve had success. your dad hasn’t been in the space at all so why would u listen to him about Bitcoin.', '1bnw8mo'], ['u/JoeYo743', 10, '2024-03-26 06:06', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwlo1p2/', 'Thats not what the father indicated at all tho. Simply to take profits and buy the dip.', '1bnw8mo'], ['u/Fibocrypto', 35, '2024-03-26 06:53', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwlsfb1/', "I'll give you a dole answer .\nMy son asked me what I thought of Bitcoin when it was trading at $ 14. I told him not to touch it . Several years later he asked me what I thought of a specific stock and I reminded him of my advice on Bitcoin and then asked him if he realized how much he might have made had he ignored me back then.\n\nTechnical analysis is a very helpful tool but that doesn't mean you have to sell everything or half of everything because of 1 indicator.\n\nYour dad has your best interest at heart I'm going to assume so listen to what he says but ultimately your investment decisions are all on you.\n\nMy reason for beginning to invest in crypto in late 2020 was because I had to ask myself What if crypto has a future ?\nI said to myself IF crypto has a future THEN I want a piece of it. I did build my own crypto portfolio and I'm going to hold it and I'll leave a note to my son with my account info.\n\nWe never know the future so all we can do is risk what we can afford to lose \n\n\nGood luck", '1bnw8mo']]], ['u/btctrader12', 'Gamecock is about to explode to 100 and here’s why ', 20, '2024-03-26 03:43', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/', '1. WSB just unbanned mention of it \n2. Stocks that have cults behind it always pump. \n\nRepeat after me\n\nStocks that have cults behind it always pump. There are quite literally zero exceptions. In the very very long run, they may die. But there are always huge pumps along the way (see BTC). \n\nWhy will that huge pump happen now? Simple. We’ve been in a clear accumulation stage over the last 3 months with basically no huge up move. Literally every single time this means we’re about to go on a tear. (Again, check BTC price near end of 2022, the chart looks very similar to that).\n\nUnironically see you at 100 by mid April. ', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/', '1bnx0r3', [['u/Cid-Itad', 13, '2024-03-26 03:43', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/kwl6n1m/', 'Puts it is.', '1bnx0r3'], ['u/btctrader12', 10, '2024-03-26 03:44', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/kwl6rt9/', 'Maybe I did buy puts and this post is just to throw people off ![img](emote\|t5_2th52\|8882) You’ll never know', '1bnx0r3']]], ['u/HtetAung1994', "Nobody wants to sell BTC, analyst says as Bitcoin's on-chain activity limps", 254, '2024-03-26 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/', "Moreover, the data from Glassnode highlights a significant downturn in the mean transfer volume, with current levels languishing well below the highs of the 2021 bull market. This phenomenon indicates a marked reduction in the willingness among Bitcoin holders to sell, further emphasizing the prevailing hold strategy among investors.\n\nThe 2022 bear market, characterized by plummeting prices and evaporating investor confidence, appears to have reduced the weak hands, leaving behind a core of steadfast holders. These survivors are now poised with their coin stashes, eyeing an optimistic future where Bitcoin's value could potentially surge into six-figure territory. The current low on-chain volume, therefore, is not merely a sign of market stagnation but a strategic pause, with investors betting on a future rally that could redefine Bitcoin's value proposition in the financial world.\n#BTC ", 'https://i.redd.it/iwotn25zdlqc1.jpeg', '1bnx3ut', [['u/tommy4019', 95, '2024-03-26 03:55', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwl8d7g/', 'How often do people sell there gold stash same same', '1bnx3ut'], ['u/LakeZombie09', 62, '2024-03-26 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwl8lzc/', 'Exactly, we are government approved on Bitcoin. That shit is going into storage for minimum 10 years. We aren’t going to zero, and basic math says it’s only going to go higher', '1bnx3ut'], ['u/CryptoYuzu', 10, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlbhsv/', '1+9=10. Seems basic enough!!', '1bnx3ut'], ['u/PepeDeCorozal', 70, '2024-03-26 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwle8bn/', 'This post brought to you by ChatGPT: Filling the Internet with oceans of garbage, one lazy poster at a time!', '1bnx3ut'], ['u/TacoShopRs', 16, '2024-03-26 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlr3ue/', 'If none of us sell, price go boom. Thank you for coming to my Ted Talk.', '1bnx3ut'], ['u/TheUnstoppableBTC', 13, '2024-03-26 07:20', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlupz5/', 'it’s ‘languishing’!11! \n\nstupid article', '1bnx3ut'], ['u/dabsbunnyy', 11, '2024-03-26 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlwta0/', 'You want good words? ... date a languisher.', '1bnx3ut']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, March 26, 2024', 32, '2024-03-26 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/', '1bnykaf', [['u/dopeboyrico', 30, '2024-03-26 05:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwliw2d/', 'Net spot ETF inflows came in below average at $15.4 million. No longer seeing outflows like all of last week but just barely flipped back into net inflows today.\n\nSurprising considering we’re less than 5% away from new ATH. Imagine what would’ve happened if spot ETF inflows came in way above average today on top of external buying pressure driving the price up.\n\nA massive day of spot ETF inflows can come any day now. First single day $10k God candle can come any day now. Is today the day? We’ll see. Need to close today above $79.9k to make it happen.', '1bnykaf'], ['u/r3coil', 30, '2024-03-26 05:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwljoee/', 'The halving is in approximately 25 days.', '1bnykaf'], ['u/BigHealthyShark', 22, '2024-03-26 05:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlmdnf/', "Look at that bounce on the previous weekly candle, less than a week's time to buy a mere 17% dip and we're essentially already back at ATH. It looks like that was all for the pre-halving dip so buckle up.", '1bnykaf'], ['u/bittabet', 16, '2024-03-26 05:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlmpdj/', 'If most of the GBTC outflows are neutral ones like where Genesis is buying BTC with the proceeds then the true inflows are higher than the numbers may reflect', '1bnykaf'], ['u/4theWlN', 14, '2024-03-26 06:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlosqg/', '80ish hours left on my march calls. Let’s show people what Bitcoin can do. (Preferably in the up direction)(not down).', '1bnykaf'], ['u/Outrageous-Net-7164', 12, '2024-03-26 08:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwly6o1/', 'Lots of short liquidations around 74k so that could spring board us up to 76k. Needs some conviction spot buying now though so we all need to stop watching the charts and make it happen.', '1bnykaf'], ['u/doublesteakhead', 13, '2024-03-26 08:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlzlfo/', "Always just when I'm about to go to sleep....\xa0", '1bnykaf'], ['u/VintageRudy', 13, '2024-03-26 08:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm0ode/', 'We doing midnights again', '1bnykaf'], ['u/zephyrmox', 23, '2024-03-26 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm0xgo/', 'Mstr will issue again this week I imagine. Going to hit 2k today at this pace.', '1bnykaf'], ['u/snek-jazz', 15, '2024-03-26 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm6q6k/', 'Also pretty interesting that FBTC dwarfed IBIT on the day', '1bnykaf'], ['u/_supert_', 10, '2024-03-26 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmc9oy/', 'WOW.', '1bnykaf'], ['u/rendoxiv', 29, '2024-03-26 11:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmf99i/', "Friendly reminder that Vanguard owns 7.7% of Microstrategy.\n\nhttps://www.defenseworld.net/2024/03/26/vanguard-group-inc-acquires-103107-shares-of-microstrategy-incorporated-nasdaqmstr.html\n\nThey won't let you buy BTC ETFs though! Buncha clowns.", '1bnykaf'], ['u/_TROLL', 24, '2024-03-26 11:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmfzhp/', "> some assholes made some money on marks\n\nThat's been the entire summation of bitcoin trading for 12+ years. 😛", '1bnykaf'], ['u/Itchy-Rub7370', 16, '2024-03-26 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmgj0k/', 'Hello 71k again!', '1bnykaf'], ['u/a06play', 19, '2024-03-26 12:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmkg3e/', 'Do we know why Fideliy had a massive jump in inflows?', '1bnykaf'], ['u/VintageRudy', 11, '2024-03-26 12:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmm4jn/', 'Peeps couldnt get on friday, so monday', '1bnykaf'], ['u/barfalloverewe', 33, '2024-03-26 12:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmmcgs/', "Vanguard has to buy MSTR since it's included in many of the indecies their funds track. To say Vanguard is buying is a little misleading. \n\nHere are the top funds that own MSTR. \n\nhttps://fintel.io/somf/us/mstr", '1bnykaf'], ['u/dopeboyrico', 28, '2024-03-26 12:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmmiew/', '[AUM held in new spot ETF’s is now at $34.0087 billion through day 51 or ~480.28k BTC.](https://x.com/bitmexresearch/status/1772521628015956435?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $14.1506 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $666.84 million with average inflows of $498.73 million or ~9.42k BTC. Yesterday average daily AUM was at $606.16 million with average inflows of $501.39 million or ~9.50 BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 33.7%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.337.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.0087 billion is 0.200% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 255 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 73.2% of that amount of BTC over the span of 51 trading days.', '1bnykaf'], ['u/Cultural_Entrance312', 37, '2024-03-26 13:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmuxfo/', 'Bitcoin is in the upper area of a rising channel on the hourly. RSI is at 64.2 (average 65.1) at time of writing. Current nearby resistance are 71.4, 72.8 and 73.8. The nearest supports are 70.2, 69, 67.4 65.7, 64.1 and 63.\n\n\r \nThe daily RSI is at 60.3 and its average is currently at 58.5. Same resistances/supports as I mention in the hourly. Bitcoin is back in the rising channel that started in February. We are one day closer to the estimated halving date, 4/19-20.\n\n\r \nOn the weekly, Bitcoin is still well outside of the rising resistance channel from when we bottomed out in 2022. BTC had a nice retrace to just above the .382 FIB level. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 85.3. (77.2 average). I would normally expect a larger cool off and retrace, but the ETF inflows seem to be limiting this on this timeframe. Main resistances were noted above. About 4 weeks till halving. \n\n\r \nBitcoin closed it’s 6th monthly green candle in February and became overbought with a closing RSI at 72.9. Current RSI is 76.7. With the way inflows are coming into the ETFs, I think the monthly RSI might stay overbought longer than it ever has in it’s history. 6 green candles in a row has never happened before a halving. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. I only found one other time in BTC’s history where there was a 7th green candle in a row and this was the 1st year of BTC when its value was below $0.01. This time the pre-halving PA is different from past pre-halving PA. BTC is well above the rising support line.\n\n\r \nGood luck to all traders and DCAers. \n\n\r \n1-hour: https://www.tradingview.com/x/0dVTEypW/\r \nDaily: https://www.tradingview.com/x/NQrlTgz6/\r \nWeekly: https://www.tradingview.com/x/rFzTdWUF/\r \nMonthly: https://www.tradingview.com/x/jKGYm7ul/', '1bnykaf'], ['u/No_Anybody4267', 11, '2024-03-26 13:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmv68r/', 'There is a minimum 4 business days spread between GBTC Outflow to ETF inflow right? Sell. 2 days to clear. Buy?', '1bnykaf'], ['u/AverageUnited3237', 10, '2024-03-26 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmvzik/', 'Depends on the brokerage I think. In Robinhood you can do this all on the same day.', '1bnykaf'], ['u/noeeel', 12, '2024-03-26 14:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmwqst/', 'I appreciate your post. Missing this good old TA analysis in here. \n\nYou are very focused on channels and that is interesting to see. From my POV the monthly channel is overoptimistic as we made on log scale lower higher highs with each new cycles ATH therefore questioning if a channel is the pattern to watch for.\n\nHanvent seen the weekly channel this way, will be interesting if we retest the old resistance line to confirm that the early outbreak holds.', '1bnykaf'], ['u/255-69-3551', 15, '2024-03-26 14:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmwyhu/', 'I was able to do it immediately at Schwab and fidelity there were just some holds on withdrawals or something like that. Kinda like how some exchanges do ‘instant deposit’ and let you buy straight away but you can’t move the coins until the deposit actually clears.', '1bnykaf'], ['u/255-69-3551', 14, '2024-03-26 14:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmy4b6/', 'Probably', '1bnykaf'], ['u/zephyrmox', 10, '2024-03-26 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn4alf/', 'Stocks _do_ take 2 days to settle - your broker in essence is offering you credit in the meantime. Every single stock transaction in the US is on 2 day settlement terms - though that will soon reduce to one.', '1bnykaf'], ['u/snek-jazz', 22, '2024-03-26 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn8tsy/', "shit, we're going back down towards the ATH again", '1bnykaf'], ['u/cryptojimmy8', 10, '2024-03-26 15:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn9fmb/', 'So GBTC has nearly lost 50% of their holdings by now?', '1bnykaf'], ['u/_TROLL', 16, '2024-03-26 15:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnar6t/', "From their peak of 655,000 BTC, they've lost roughly 47.3% so far.", '1bnykaf'], ['u/jpdoctor', 32, '2024-03-26 15:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnb2oq/', "Maybe it's already been posted: Hong Kong ETFs will be in-kind, not cash create.\n\n[https://twitter.com/EricBalchunas/status/1772602019133423921](https://twitter.com/EricBalchunas/status/1772602019133423921)\n\nKind of a big deal!", '1bnykaf'], ['u/phrenos', 25, '2024-03-26 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwncv5x/', "I really feel like this sub massively overstates the importance of these ETFs, hanging on to their every flow like some religious bellwether.\n\nYou do realize that even a mega billion-dollar inflow day is still just 1/50th of BTC daily volume, and on a more regular day can be less than 1/150th of normal volume?\n\nI wouldn't be so edgy watching these drops in the ocean like such hawks.", '1bnykaf'], ['u/WYLFriesWthat', 10, '2024-03-26 15:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnd9wy/', 'I think some short balls just got caught in some zippers at $69420.', '1bnykaf'], ['u/Taviiiiii', 13, '2024-03-26 15:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwne11c/', 'They did the math.', '1bnykaf'], ['u/bittabet', 16, '2024-03-26 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwneaa6/', 'Volume doesn’t actually matter though except for liquidity, it’s the marginal buyer and seller that sets the price. So new money matters a LOT for the price.', '1bnykaf'], ['u/bittabet', 10, '2024-03-26 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnej7t/', 'It’s because existing real BTC holders can send their BTC into the ETF this way without selling', '1bnykaf'], ['u/xtal_00', 31, '2024-03-26 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnekch/', 'Volume doesn’t matter.\n\nCoin accumulation does.\n\nAnd it’s more important than anyone here realizes.', '1bnykaf'], ['u/a06play', 11, '2024-03-26 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwng5kf/', 'of course, but they are still moving billions into the market it would be stupid to not take them into cosideration...', '1bnykaf'], ['u/NotMyMcChicken', 20, '2024-03-26 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwngtih/', "It's disingenuous to compare volume to inflows. But I do agree. For day to day price fluctuations, the ETFs probably don't matter TOO much. But for longer time frames, as they continue to gobble up tens and hundreds of millions in Bitcoin daily... it matters big time. Trillions have been unlocked that were unable or unwilling to access this market before.", '1bnykaf'], ['u/ImpudicusFungus', 15, '2024-03-26 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnh05l/', "I see you posting I'm adding to my long.", '1bnykaf'], ['u/FreeTheGalgo', 14, '2024-03-26 16:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnh8j7/', 'How did I know this post was coming the moment we dipped below 70k?', '1bnykaf'], ['u/Jip1210', 17, '2024-03-26 16:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnheqx/', 'Sure, or you could say, another failed attempt by bears to push ot back under 69k (a much more important price)\n\nOr perhaps we could just be patient and see how it works out, rather than throwing out facts that have not been decided yet', '1bnykaf'], ['u/atmfixer', 13, '2024-03-26 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnjdng/', 'If one were to suggest some countries....', '1bnykaf'], ['u/zephyrmox', 13, '2024-03-26 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnjtu4/', "Chop chop chop. Doesn't feel particularly strong.", '1bnykaf'], ['u/AccidentalArbitrage', 12, '2024-03-26 16:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnlea5/', '>I can say I told you so\n\nYou, of all people, should know that never goes over well in here.', '1bnykaf'], ['u/dopeboyrico', 21, '2024-03-26 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnoyjb/', 'MSTR still trading at above 2x the amount of BTC they own.\n\nWhat are the odds Saylor announces another round of capital getting deployed by the end of this week?', '1bnykaf'], ['u/NotMyMcChicken', 10, '2024-03-26 17:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnru1i/', "You're quite literally one of the worst traders in this sub. Stop being smug lol...", '1bnykaf'], ['u/xtal_00', 12, '2024-03-26 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo3yfz/', 'Near 100% or I’ll be sadly disappointed\xa0', '1bnykaf'], ['u/theantirussian', 20, '2024-03-26 18:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo51p0/', "You're confusing trading volume with a single-direction inflow. You can trade a trillion dollars worth back and forth without changing the price much, but if you apply that trillion into buying only, the price will move a lot.", '1bnykaf'], ['u/dopeboyrico', 11, '2024-03-26 18:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo5d40/', '[Single largest buy they ever made was $1.026 billion back back on February 24, 2021.](https://bitcointreasuries.com/microstrategy/)\n\nIt’s only a matter of time until they break that record.', '1bnykaf'], ['u/nationshelf', 25, '2024-03-26 18:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo8ib8/', "I am a bit of a Saylor myself. I just took probably my last loan for this cycle to buy Bitcoin. Admittedly the interest rate is not that low (12%), but price just needs to hit $80k or so within 3 years for me to break even. Some of you might scoff, but every loan I’ve taken out so far starting around the $20k's is well into profit. Easy money if you have an income stream and can buy the cycle bottoms.", '1bnykaf'], ['u/Top_Plantain6627', 16, '2024-03-26 18:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoa6db/', 'Bought all my bitcoin with student loan money loool', '1bnykaf'], ['u/John_Crypto_Rambo', 10, '2024-03-26 18:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwob55o/', "Paid off a loan a few months ago that I have had for years that was used to buy crypto. Paying payments and the interest rate wasn't great, but the returns from the crypto dwarf the interest rate.", '1bnykaf'], ['u/NLNico', 15, '2024-03-26 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwobrk2/', '12% interest loan to buy a risky asset seems crazy. Then again, not hitting $80k within 3 years is also crazy. If you are fine with both possibilities of BTC reaching $30k or $110k, then okay gamble I guess, good luck.', '1bnykaf'], ['u/snek-jazz', 12, '2024-03-26 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwobtij/', "Saylor ain't risking himself, he's sold what? around half a billion worth of share options already this year?\n\nIf you're borrowing to invest make sure you'll still be ok in the worst case scenario.", '1bnykaf'], ['u/kneejerk55', 13, '2024-03-26 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwohjqz/', "Coinbase just alerted me to LTC pamping 5% in last 2 hours. \n\nHere is to wishful thinking that's a leading indicator for BTC.", '1bnykaf'], ['u/NLNico', 13, '2024-03-26 19:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoi5r6/', '+3.2% 1 min candle was at time of Fox\' Elenor\'s [tweet](https://twitter.com/EleanorTerrett/status/1772688493375795540) of "interest in a Litecoin ETF".', '1bnykaf'], ['u/I_AM_AN_AEROPLANE', 11, '2024-03-26 20:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwotf6i/', 'It’s been a nice run, but not nice enough, looks like we could visit 700k and maybe even 10 BILLION. I’m all in on btc and alts and will exit only when I’m a billionaire. If I’m wrong I’m NOT okay with it.', '1bnykaf'], ['u/ThoseGelInsertThings', 16, '2024-03-26 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwour5o/', 'Pro tip: never look at Altcoin prices as valued in fiat.\n\nView the lifetime LTC/BTC chart, and zoom way out. What do you see?\n\nYou see the asset slowly going to 0.00000001 BTC.', '1bnykaf'], ['u/Taviiiiii', 23, '2024-03-26 20:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwovcxd/', "Yesterday we were going to 90k by Friday and today we're looking at 45k apparently", '1bnykaf'], ['u/Foreign_Milk4924', 22, '2024-03-26 21:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoyclt/', "You're joking, right? We went up 10% in 30 hours and then sideways for the following 24.", '1bnykaf'], ['u/itsthesecans', 23, '2024-03-26 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoyorl/', "Hey man. The heart feels what it feels. I'm just keeping it honest here.", '1bnykaf'], ['u/WYLFriesWthat', 14, '2024-03-26 21:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoz3in/', 'Strongest. Support. Ever. https://imgur.com/a/yoopqcu', '1bnykaf'], ['u/snek-jazz', 10, '2024-03-26 21:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwp4gsr/', "Here's what you need to do, look at the chart: https://bitcoinity.org/markets/coinbase/USD\n\nClick 'all' for time frame. Notice how briefly in the past we've been above 60k, or even 50k - basically during mania phases. Look at how we're now apparently starting to normalise the 60s and 70s.\n\nWe're starting to make the prior peaks look small.", '1bnykaf'], ['u/kneejerk55', 13, '2024-03-26 22:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpi9qi/', 'ARKB stacking sats today.$73.6m. second highest day', '1bnykaf'], ['u/goldenprey123', 12, '2024-03-26 22:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpiffg/', 'Arkb HOLY Chads', '1bnykaf'], ['u/anon19222', 19, '2024-03-26 23:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpkmpd/', 'How to lead a super successful life for dummies : \n\n1. Buy bitcoin .\n2. Practice cold-storage self custody.\n3. Go back to #1', '1bnykaf'], ['u/Roygbiv856', 58, '2024-03-26 23:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpmfwp/', "Very interesting tweet from CIO of bitwise today\n\n> Day 19 of 20 on the road. It has been an amazing trip. \n\n>A few additional take-aways to share:\n \n>1) ETF Flows Will Continue for Years: A good question to ask about the new bitcoin ETFs is whether the incredible inflows we’ve seen in the first two months represent a one-time surge or are indicative of long-term sustained demand.\n \n>After my time on the road, I’m convinced that the latter is the case. That's because there is a massive dispersion in the pace of adoption of bitcoin ETFs. I met financial advisors who have already allocated 3% for all their clients and others who haven’t started thinking about it. I spoke with national account platforms that are approving bitcoin ETFs this month and others that are eyeing mid-2025.\n\n>The truth is, most professional investors still cannot buy bitcoin ETFs. That will change through a series of 100+ individual due diligence processes over the next two years.\n\n>Inflows into the gold ETFs built year-after-year for their first 7 years n the market. I suspect the bitcoin ETF ramp will be shorter, but it will still take years.\n\n>2) Investor Demand in the UK Is Behind the US: I spent four days in London at the \n@blockworksDAS\n summit. It was a great event with early-stage bull market vibes. I left feeling inspired by the energy and quality of the developer and institutional trading communities surrounding bitcoin. \n \n>But end-investor demand is still nascent. In the US, the ETF has created a sea change, with billions of investor capital moving into the space. Not so in the UK, where the FCA is still broadly aligned against crypto. It’s hard to believe it, but the UK looks longingly at the “progressive” regulatory stance in the US. \n \n>3) 3% is the New 1%: I’ve been speaking with professional investors about bitcoin since 2018. For the past six years, the discussion has mostly focused on a 1% allocation. That’s the most that most investors would think about.\n \n>Boy has that changed. Almost every investor I’ve spoken with has talked about a 3%+ allocation. \n \n>The primary reason imho is that the launch of ETFs has de-risked the downside of bitcoin. Before, people were worried bitcoin could go to zero. In that world, a 1% allocation is all you can stomach. But if “going to zero” is off the table, 3% or 5% starts to make more sense.\n \n>True institutional investors (pensions, endowments, etc.) will still eye sub 1% allocations, but for the wealth market, 3%+ is the new new thing.\n\n>More to come after I wrap up my trip tomorrow.", '1bnykaf'], ['u/VintageRudy', 12, '2024-03-26 23:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpmu6i/', "Long term, we already won, it's just chop up to usurping gold and beyond as the global store of wealth", '1bnykaf'], ['u/Had_Boating_Accident', 15, '2024-03-26 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpnjzy/', 'Ark $73.6m inflow (provisional number as per Farside)\n\n\nFranklin $26.3m inflow\xa0', '1bnykaf'], ['u/btc-_-', 18, '2024-03-26 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpnnz4/', "some different price levels that i'll be looking at for the next few weeks. the focus is on the low time frame lines first and, if they get invalidated above or below, i move on to the next time frame.\n\nshort term wedge. 71.5k above and 69.5k below. trendline crosses on Thursday the 28th at 1600 UTC.\n\nhttps://i.imgur.com/3qmNRkA.png\n\nATH arc. the arc from ATH through the drop and back up still looks to be good for a new ATH this week. possibly even a bit ahead of schedule.\n\nhttps://i.imgur.com/1zGyzMP.png\n\nshorter term channel. 74.4k above and 66.4k below. that means the top of the channel is already past ATHs.\n\nhttps://i.imgur.com/klaLU9D.png\n\nmedium term channel. 79.5k above and 63.7k below. the midpoint, which we we've been trying to get fully across over the last couple of days, is at 71.6k.\n\nhttps://i.imgur.com/AeNEjh1.png\n\nlong term channel. we first entered this channel in march 2022 and we look primed to get above it. 73.9k above, 53.2k midpoint, and 32.4k below. yep, even if we were to drop to 32.4k we would still technically be in this uptrend :) this channel's top has been my final boss since march 2023. after that, new boss.\n\nhttps://i.imgur.com/cnBOOqJ.png\n\nall the things. here's all the craziness on one chart.\n\nhttps://i.imgur.com/ZCREook.png", '1bnykaf'], ['u/Cadenca', 14, '2024-03-26 23:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpq4nx/', "Have you guys been reading this news around alarming levels of solar activity? Imagine we actually get to check 'Le solar flare FUD' off the list this cycle!", '1bnykaf'], ['u/xtal_00', 14, '2024-03-26 23:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpqn07/', 'I’m waiting on a convincing move above 75k signalling the next move higher - probably to 90k. \xa0\xa0\n\nStill lots of folks who want off the ride.', '1b... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Stocks slipped again on Monday, extedning losses to a third straight session.\n• On Tuesday, February's US durable goods orders rose for the first time in three months.\n• Investors are waiting for new PCE data to come out Friday, alongside comments from Jerome Powell.\nUS stocks dropped again on Tuesday, losing steam late in the day after traders looked to restart a rally that stalled out last Friday.\nMomentum has carried equities higher for the better part of five months now, though investors appear to be taking a breather the last three days following the market's record-setting run last week after the Federal Reserve's dovish March meeting.\nTuesday offered investors promising data, with February's US durable goods orders rising for the first time in three months. While that signals optimism among firms, consumer confidence also held steady, according to the Conference Board.\nThis week, investors are gearing for the latest personal consumption expenditures report on Friday. Median forecasts of core PCE, the Federal Reserve's preferred inflation gauge, expect a 2.8% rise.\nWhile markets will be closed that day for Easter holidays, Friday will also feature comments from Fed Chairman Jerome Powell, potentially offering clues as to future monetary policy.\nThat's after previous Fedspeak on Monday, with President Raphael Bostic noting expectations of one rate cut this year.\nAside from Powell, Fed Gov. Christopher Waller and San Francisco Fed President Mary Daly will speak Wednesday and Friday.\nAmong notable stock movers on Tuesday, Donald Trump's Truth Social made its market debut,soaring 59%under the DJT ticker.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,203.58, down 0.28%\n• Dow Jones Industrial Average: 39,282.33, 0.08% (-31.31 points)\n• Nasdaq Composite: 16,315.70, 0.42%\nHere's what else is going on today:\n• The Baltimore bridge collapse rippled throughtransportation and coal-mining shares worldwide.\n• Microsoft could jump 18% this yearwith a new $500 price target from Wedbush Securities.\n• Greed and complacency,not fundamentals, are driving stocks up, David Rosenberg says.\n• Analysts have stopped talking about bitcoin's potential use. Instead, it'sall about the price upside.\nIn commodities, bonds, and crypto:\n• Oil prices dropped.West Texas Intermediatecrude slid 0.6% to $81.47 a barrel.Brent crude, the international benchmark, fell 0.8% to $86.02 a barrel.\n• Goldclimbed by 0.2% to $2,176.61 per ounce.\n• The 10-year Treasury fell two basis points to 4.23%.\n• Bitcoinslumped 0.29% to $69,848.\nRead the original article onBusiness Insider", 'Panasonic, the renowned tech giant, has joined forces withJasmy (JASMY)blockchain to introduce a groundbreaking Web3 platform that will facilitate the seamless connection of personal data on the Internet-of-Things (IoT). The collaboration between the Japanese-based blockchain and Panasonic Advanced Technology was initiated in February, but the officialannouncementwas made on March 26.\nThe newly developed platform, based on Jasmy\'s innovative Personal Data Locker product, aims to provide a secure data storage solution while granting users full control over access to their data. Additionally, it aims to enhance data processing and reaction times. The platform will adopt agile development methods coupled with Web3 technology, with a strong emphasis on speed. The intention is to create an open platform that can be widely utilized in various fields. Through this approach, the project envisions recruiting a large user base and fostering broad adoption.\nJasmy\'s Chief Financial Officer, Hiroshi Harada (known as Hara on social media),revealedon X that the decentralized personal data platform is expected to be constructed within the next 3 to 6 months. According to the information available on the Jasmy website, the Personal Data Locker manages only hash values on the blockchain, while the actual data files are stored in a decentralized network. This architecture ensures that the performance of the system is not hindered by limitations such as storage capacity of individual blocks or large file sizes.\nFounded in 2016 by former Sony executives, Jasmy made headlines in 2021 when it listed its native cryptocurrency, JasmyCoin (JASMY), on exchanges. The company has been dubbed "Japan\'s Bitcoin" and operates a unique system where merchants pay Jasmy to access data stored within the platform, while data owners are rewarded with JASMY tokens.\nThe news of the partnership between Panasonic and Jasmy has led to a 3% gain in JASMY over the past 24 hours. Trading volume surged by over 100% to $256 million. The token is up 42.8% in the past month.', '• Crypto exchange KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.\n• Homeland Security Investigations Special Agent Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy."\n• KuCoin’s native token {{KCS}} dropped by 5% after the announcement.\nU.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities and maintain an anti-money laundering program.\nThe U.S. Department of Justicesaidin an indictment that KuCoin and founders Chun Gan and Ke Tang operated KuCoin as a money-transmitting business with over 30 million customers but did not implement a know-your-customer (KYC) or AML program until 2023 – and even then, its KYC program did not apply to existing customers. Neither Gan nor Tang were arrested, the DOJ said in a press release.\nThe DOJ indictment said that KuCoin did not register with the U.S. Financial Crimes Enforcement Network as a money services business.\nBecause it did not implement any KYC or AML programs, KuCoin "made itself available to be used, and in fact was used, as a vehicle for laundering the proceeds of suspicious and criminal activities, including proceeds from sanctions violations, darknet markets, and malware, ransomware, and fraud schemes," the indictment said.\nThe indictment pointed to allegations that KuCoin "indirectly received a total of more than $3.2 million worth of cryptocurrency from Tornado Cash," a sanctioned crypto mixer. KuCoin was mentioned in criminal filings against two of Tornado Cash\'s developers, Alexey Pertsev (whose trial in The Netherlands began earlier Tuesday) and Roman Storm (who\'s set to go on trial in the U.S. later this year).\nThe Commodity Futures Trading Commission alsofileda suit against KuCoin Tuesday, alleging the company, which offers both spot and futures trading services, did not register as a futures commission merchant, swap execution facility or designated contract market. Its suit also charged that KuCoin didn\'t implement the CFTC\'s equivalent of a KYC program.\nThe CFTC is seeking monetary penalties, trading and registration bans and an injunction, while the DOJ is seeking forfeiture alongside criminal penalties.\nIn a statement, Homeland Security Investigations Special Agent in Charge Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy," noting it was one of the largest crypto exchanges.\nU.S. Attorney Damien Williams said in a statement that KuCoin actively tried to hide that "substantial numbers of U.S. users were trading" on its platform.\n"Indeed, KuCoin allegedly took advantage of its sizeable U.S. customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of dollars of annual trade volume," he said." As alleged, in failing to implement even basic anti-money laundering policies, the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds."\nKuCoin’s native token (KCS) dropped by 5% following the announcement. Bitcoin\'s {{BTC}} price dropped 1% but has been volatile throughout the day and is trading around $70,000.\nTuesday\'s actions come just months after the DOJ, CFTC and Treasury Departmentsettled similar charges against Binance, the world\'s largest crypto exchange by trading volume.\nUPDATE (March 26, 2024, 15:25 UTC):Adds additional detail.\nUPDATE (March 26, 15:40 UTC):Adds more details from the CFTC and DOJ filings.', "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on crypto in an attempt tobecome a global hub for the sector.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum", "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on crypto in an attempt tobecome a global hub for the sector.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum", 'Shares in former US president Donald Trump\'s media firm have soared on their stock market debut in New York and are currently the most trending stocks in after-hours trading.\nShares surged past $70 (£55.42) in early trade, giving the firm a market value of more than $9bn. They ended the day at about $58, still up more than 16%.\nTrump Media & Technology Group, the company behind his Truth Social platform, is now listed on the Nasdaq stock exchange under the ticker symbol DJT – Trump’s initials – after completing its merger with blank-cheque company Digital World Acquisition Corp on Monday.\nRead more:AI risks wiping up to 8 million jobs in the UK, new report claims\nTrump, owner of 58%of the shares in the merged company before accounting for dilution, is the biggest beneficiary of the price surge. However, Trump is barred by terms of the merger from selling his shares for six months.\nAnalysts suggested that investors were mostly supporters of Trump ahead of the looming presidential election rather than institutions and that it was the most trending stock on US exchanges.\nTesla shares were higher in premarket trading after CEO Elon Musk announced the company will offer US customers a free trial of its driver-assist technology.\n"All US cars that are capable of FSD will be enabled for a one-month trial this week," Musk said in a post on social media platform X.\nMusk instructed employees to perform a “short test ride” with customers to show the system Tesla markets as Full Self-Driving, according to an internal memo seen byBloomberg News. Workers will also have to perform checks on any vehicles returned from service.\nMusk has long touted the driver assistant software, priced at $12,000, as a potential profit generator for the company, but has fallen short of his promise of full autonomy for years, amid regulatory and legal scrutiny of Tesla\'s safety and marketing, according toReuters.\nBitcoin has fallen below the $70,000 mark as the crypto rally appears to fade. However, analysts remain bullish on the crypto asset, with “$100k a matter of time”.\nThe benchmark cryptocurrency had climbed as high as $71,500 throughout Tuesday, benefiting from strong gains in the previous two days, before coming down.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nDespite the drop, crypto-analyst Jelle took to X to give Bitcoin a new goal.\n“The new higher low has locked in, and #Bitcoin is pushing back towards the highs. The next leg higher has started. $100,000 is a matter of time, imo.”\nThat would put Bitcoin well above its all-time high of almost $74,0000.\nDS Smith surged by over 7% after it confirmed talks with US rival International Paper Co. (IP), opening the doors to a possible bidding war for the UK packaging company.\nUS-based International Paper’s all-share proposition for DS Smith is equivalent to 415p per share, which would value the company at roughly £6.8bn including debt.\nDS Smith recently agreed to be taken over by Mondi (MNDI.L), in a deal that implied a value of 373p per share, or closer to a £6.2bn enterprise value.\n"The board acknowledges the strategic merits and potential for value creation through a combination with International Paper," DS Smith said.\n"Accordingly, the board is progressing its discussions with International Paper regarding the proposal."\nInternational Paper said in a statement that a merger would create a new global leader in sustainable packing that would be well positioned in growing markets.\nWatch: Trump\'s Truth Social: \'Would I touch the stock? No.\'\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Shares in former US president Donald Trump\'s media firm have soared on their stock market debut in New York and are currently the most trending stocks in after-hours trading.\nShares surged past $70 (£55.42) in early trade, giving the firm a market value of more than $9bn. They ended the day at about $58, still up more than 16%.\nTrump Media & Technology Group, the company behind his Truth Social platform, is now listed on the Nasdaq stock exchange under the ticker symbol DJT – Trump’s initials – after completing its merger with blank-cheque company Digital World Acquisition Corp on Monday.\nRead more:AI risks wiping up to 8 million jobs in the UK, new report claims\nTrump, owner of 58%of the shares in the merged company before accounting for dilution, is the biggest beneficiary of the price surge. However, Trump is barred by terms of the merger from selling his shares for six months.\nAnalysts suggested that investors were mostly supporters of Trump ahead of the looming presidential election rather than institutions and that it was the most trending stock on US exchanges.\nTesla shares were higher in premarket trading after CEO Elon Musk announced the company will offer US customers a free trial of its driver-assist technology.\n"All US cars that are capable of FSD will be enabled for a one-month trial this week," Musk said in a post on social media platform X.\nMusk instructed employees to perform a “short test ride” with customers to show the system Tesla markets as Full Self-Driving, according to an internal memo seen byBloomberg News. Workers will also have to perform checks on any vehicles returned from service.\nMusk has long touted the driver assistant software, priced at $12,000, as a potential profit generator for the company, but has fallen short of his promise of full autonomy for years, amid regulatory and legal scrutiny of Tesla\'s safety and marketing, according toReuters.\nBitcoin has fallen below the $70,000 mark as the crypto rally appears to fade. However, analysts remain bullish on the crypto asset, with “$100k a matter of time”.\nThe benchmark cryptocurrency had climbed as high as $71,500 throughout Tuesday, benefiting from strong gains in the previous two days, before coming down.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nDespite the drop, crypto-analyst Jelle took to X to give Bitcoin a new goal.\n“The new higher low has locked in, and #Bitcoin is pushing back towards the highs. The next leg higher has started. $100,000 is a matter of time, imo.”\nThat would put Bitcoin well above its all-time high of almost $74,0000.\nDS Smith surged by over 7% after it confirmed talks with US rival International Paper Co. (IP), opening the doors to a possible bidding war for the UK packaging company.\nUS-based International Paper’s all-share proposition for DS Smith is equivalent to 415p per share, which would value the company at roughly £6.8bn including debt.\nDS Smith recently agreed to be taken over by Mondi (MNDI.L), in a deal that implied a value of 373p per share, or closer to a £6.2bn enterprise value.\n"The board acknowledges the strategic merits and potential for value creation through a combination with International Paper," DS Smith said.\n"Accordingly, the board is progressing its discussions with International Paper regarding the proposal."\nInternational Paper said in a statement that a merger would create a new global leader in sustainable packing that would be well positioned in growing markets.\nWatch: Trump\'s Truth Social: \'Would I touch the stock? No.\'\nDownload the Yahoo Finance app, available forAppleandAndroid.', '• Galaxy continues to evolve its business model focused on institutional trading, Canaccord said.\n• Further roll-out of the company’s prime brokerage product, Galaxy One, is viewed positively.\n• Broker maintains its buy rating on the stock and its C$17 ($12) price target.\nGalaxy Digital (GLXY), the crypto financial services firm headed by Michael Novogratz, had a strong end to 2023 withsolid operating resultsacross its diversified business, broker Canaccord Genuity said in a research report on Wednesday.\nCanaccord notes that while the fourth quarter was solid, commentary about the performance of the Toronto-listed business through the end of February was even better.\nPositive highlights include an almost doubling of assets under management (AUM) from year-end to more than $10 billion, equity capital growing to over $2.1 billion versus about $1.5 billion at the end of the third quarter, and quarter-to-date income before tax of around $300 million, the report said.\n“Also, importantly, Galaxy continues to evolve its business model focused on institutional trading,” analysts led by Joseph Vafi wrote, adding that “we were pleased to see further maturation and rollout of the company’s unique crypto-specific prime brokerage product, Galaxy One.”\n“We view the continuing evolution of Galaxy One to be a real driver of not taking but creating market share as more traditional asset managers look to make some allocation to crypto,” the authors wrote.\nThe crypto firm’s increased relationship with theFTX estatedrove a material increase in AUM in the asset-management unit since the end of the year, Canaccord said, adding that higher AUM results in increased trading revenue over time as FTX sells its digital assets at spot prices.\nExchange-traded fund (ETF) activity is also a tailwind. Canaccord said it is “quite encouraged by ETF rollouts withEuropean partner DWSboth in bitcoin {{BTC}} and ether {{ETH}} as well as the gradual ramp-up of the U.S. BTC ETF withpartner Invesco.”\nThe broker maintained its buy rating on Galaxy shares with an unchanged C$17 ($12) (price target. Galaxy shares closed at C$13.46 on Wednesday.\nRead more:Galaxy Digital’s Strong Earnings Will Carry Into Current Quarter, Analyst Says', 'Bitcoin(CRYPTO: BTC)has been on fire in recent months. The cryptocurrency has soared 60% since the start of 2024 as investors have rotated back into risk assets amid signs of a strong economy. Bitcoin currently traded at about $70,000, and it has a market capitalization of more than $1.3 trillion. But Gautam Chhugani and Mahika Shapra at Bernstein see more gains on the horizon.\nThe analysts recently revised their year-end price target to $90,000, up from $80,000, due to the tremendous demand for spot Bitcoin exchanged-traded funds (ETFs) and the impact of the halving event anticipated next month. In a note to clients, Chhugani and Shapra said 2024 would be a "breakout inflection year" for the cryptocurrency.\nInvestors should never fixate on short-term price targets, but what the Bernstein analysts are suggesting is quite mild compared to other forecasts floating around. For instance, Cathie Wood of Ark Invest recently said a single Bitcoin could reach $3.8 million by 2030. That estimate is based on the idea that institutional investors will eventually allocate about 5% of their assets to the cryptocurrency.\nIn any case, if Chhugani and Shapra are correct in assuming Bitcoin will reach $90,000 in 2024, its market capitalization would increase almost $500 billion, bringing its total valuation to $1.8 trillion. Here\'s what investors should know.\nThe Securities and Exchange Commission (SEC) received its firstspot Bitcoin ETFapplication in 2013, but it didn\'t approve any of them until January. That decade-long process has forever changed the cryptocurrency market. Spot Bitcoin ETFs offer direct exposure to Bitcoin without the rigmarole of cryptocurrency exchanges and blockchain wallets. In other words, they make it much easier for retail and institutional investors to addBitcointo their portfolios.\nTo say the launch has been successful would be an understatement. Before approval, Bernstein analysts expected spot Bitcoin ETF inflows to reach $5 billion in the first half of the year and $10 billion in the second half. In other words, they anticipated $15 billion in total inflows throughout 2024. That would have been impressive, but what actually happened was jaw-dropping.\nSpecifically,BlackRockalone attracted $10 billion to itsiShares Bitcoin ETF(NASDAQ: IBIT)during the first two months of trading. No ETF has ever hit that milestone faster, according to Bloomberg analyst Eric Balchunas. Additionally, the cumulative inflows across all spot Bitcoin ETFs have now exceeded $25 billion, meaning demand has already outstripped what Bernstein analysts expected for the full year.\nBitcoin\'s supply limit of 21 million coins is central to the investment thesis because it creates scarcity and prevents inflation. That makes the cryptocurrency valuable in the same way that scarcity makes precious metals valuable. The supply limit is enforced through a periodic halving of mining rewards, an event that is coded into the Bitcoin protocol, according toCoinbase Global.\nHere\'s how it works: Miners earn Bitcoin when they successfully validate transaction blocks and add them to the blockchain. The reward falls by 50% each time 210,000 blocks are completed, which happens about once every four years. The next halving is expected in mid-April 2024.\nNothing extraordinary will happen on the day mining rewards are halved. Nevertheless, the event is significant for investors because it should be preceded by reduced selling pressure. To elaborate, miners sell Bitcoin to fund their operations and earn a paycheck, but they will only have half as much Bitcoin to sell during the next four years.\nThe impact of past halving events is shown in the chart below. Bitcoin has always been more valuable 24 months later.\n[{"Halving Date": "November 2012", "Price At Halving": "$12.35", "Price 24 Months Later": "$376.15", "Return": "2,946%"}, {"Halving Date": "July 2016", "Price At Halving": "$647.11", "Price 24 Months Later": "$6,306.85", "Return": "875%"}, {"Halving Date": "May 2020", "Price At Halving": "$8,821.18", "Price 24 Months Later": "$31,026.93", "Return": "252%"}]\nData sources: Coinbase, Cointelegraph, StatMuse, and YCharts.\nBitcoin has created tremendous wealth since its inception in 2009, but the cryptocurrency has also been very volatile. Bitcoin has suffered three catastrophic meltdowns in the past seven years. It fell 83% between December 2017 and December 2018. It fell 53% between April 2021 and July 2021. And it fell 77% between November 2021 and November 2022.\nWhat makes those meltdowns especially alarming is that Bitcoin hit a new record high before each one. In other words, Bitcoin has fallen more than 50% from a record high three times in the past seven years. Investors should be prepared for similar volatility in the future.\nSo could Bitcoin reach $90,000 this year? Sure, that outcome is certainly plausible, but it is by no means guaranteed. Investors should buy Bitcoin only if they are comfortable with risk and volatility, and only if they plan to hold the cryptocurrency for a few years.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars Another $500 Billion in Value, According to Certain Wall Street Analystswas originally published by The Motley Fool', 'Carvana(NYSE:CVNA) stock was trading below $5 at the beginning of January 2023. In just over a year, CVNA stock has delivered 17x returns. Clearly, it does not take time forpenny stocksto blast higher on a few positive catalysts.\nOf course, this should not be a reason to go overweight on penny stocks. Portfolio exposure to these high-risk bets needs to be limited to 10% to 15%. Even this exposure will likely have a significant impact if investors hold a few penny stocks that can 10x.\nThis column talks about three non-speculative penny stocks that can be 10-bagger stories in the next 12 months. These stocks represent companies with good fundamentals and possible catalysts for a massive rally. The assumption is that these catalysts are triggered. However, in the worst-case scenario, the upside will be delayed.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nLet’s talk about the factors that can translate into multibagger returns from these stocks in the blink of an eye.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nEven asBitcoin(BTC-USD) surges higher,Bitfarms(NASDAQ:BITF) stock has been subdued. The reason is a recent at-the-market equity offering of $375 million. However, I believe BITF stock will likely go ballistic after some consolidation. Further, 10x returns from current levels are likely with two major assumptions.\nFirst, Bitcoin currently trades at $70,000. If the digital asset zooms past $100,000 in the next 12 months, BITF stock will surge. Analysts expect Bitcoin couldtrade at $115,000after halving. Therefore, this assumption is likely to be true.\nFurther, Bitfarms reported a hash rate capacity of 6.5EH/s as of February. The company has ambitious expansion plans and is targeting a capacity of 21EH/s by the second half of the year. If it can achieve this aggressive expansion target, BITF stock will surge. A high Bitcoin price coupled with massive capacity expansion will translate into stellar revenue and cash flow growth.\nSource: rafapress / Shutterstock.com\nJust after Joe Biden was elected President in 2021,Tilray Brands(NASDAQ:TLRY) stock skyrocketed. However, with regulatory headwinds, TLRY stock has declined and remained subdued.\nWith the presidential election right around the corner, I expect another big rally for the stock. From current levels, 10x returns is a cakewalk considering the following assumptions. First, cannabis is reclassified from Schedule I to Schedule III drug by the U.S. Drug Enforcement Agency.\nFurther, there is clarity about the presidential candidate’s stance on the urgency to legalize cannabis at the federal level. If hopes seem high for legalization in 2025, TLRY stock will surge.\nBesides that, business developments have been positive. For Q2 2024, Tilray reportedrevenue growth of 34% year-on-yearto $194 million. Growth was supported by the medicinal cannabis segment in European markets. The company also expects to deliver positive adjusted free cash flow during the financial year.\nSource: Postmodern Studio / Shutterstock.com\nStandard Lithium(NYSE:SLI) can be another potential 10-bagger in quick time. After plunging by almost 65% in the last 12 months, SLI stock looks deeply undervalued. The correction didn’t come as a surprise, with lithium trending lower.\nHowever, it’s worth noting that Standard Lithium currently has a market valuation of $214 million. In comparison, the company’s key asset has anafter-tax net present valueof $4.5 billion. If we consolidate other assets, the after-tax NPV is more than $5 billion. Clearly, SLI stock is massively undervalued.\nI would, however, bet on 10x returns in the next 12 months based on the following assumptions. First, lithium stabilizes and starts recovering from deeply oversold levels. Further, Standard Lithium secures financing for its key asset, which requires a capital investment of $1.2 billion. In a recent example,Lithium Americas(NYSE:LAC) secured financing from the U.S. Department of Energy, and the stock surged by almost 60% within one month.\nOn Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.\nRead More:Penny Stocks — How to Profit Without Getting Scammed\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Penny Stocks That Can 10X in the Blink of an Eyeappeared first onInvestorPlace.', 'Vancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), one of the first publicly traded blockchain companies in Canada, is pleased to announce a growth milestone for it\'s proof-of-stake operations with a new acquisition of 26,964 Solana (SOL) tokens, a leading proof-of-stake (PoS) blockchain protocol.\nNeptune Digital Assets has successfully negotiated a strategic purchase of 26,964 Solana, one of the fastest-growing blockchain ecosystems, at USD$64 per SOL token, resulting in an exceptional 67% discount to current market value of USD$192 (at time of writing) per SOL. This investment underscores Neptune\'s commitment to identifying and capitalizing on high-potential opportunities within the digital asset space. Neptune\'s new Solana balance is now 31,181 tokens, all of which are staked and earning rewards.\nAs part of its growth strategy, Neptune Digital Assets has been actively growing its staking business line, where it either delegates tokens or operates nodes to secure PoS blockchain networks and earn rewards. These rewards contribute to Neptune\'s revenue streams, enhancing value for shareholders. With Solana\'s PoS mechanism, Neptune anticipates generating approximately a 7.5% annual yield. The Solana tokens acquired by Neptune will be locked and staked. The tokens will be released as follows:\n• 80% will be released linearly on a monthly basis until January 2028;\n• 20% will be released in March 2025;\n• Solana will be staked and earn staking rewards during the lock period (current yield is approximately 7.5%, however this is subject to fluctuation).\nCale Moodie, CEO of Neptune Digital Assets, commented, "Our growing focus on proof-of-stake cryptocurrencies such as Solana, Polkadot, and Atom aligns with our commitment to generating sustainable revenue streams in the rapidly evolving blockchain ecosystem. Solana\'s staking rewards, combined with its robust infrastructure, present an attractive opportunity for Neptune to generate revenue while contributing to the security and decentralization of the Solana network. This is a remarkable opportunity to grow our assets and revenues at a substantial discount to prevailing market prices."\nSolana has emerged as a powerhouse in the blockchain industry, offering lightning-fast transaction speeds and low fees, making it a strong platform for decentralized applications (dApps) and decentralized finance (DeFi) projects. With this strategic investment, Neptune Digital Assets positions itself at the forefront of innovation within the blockchain space.\nAbout Neptune Digital Assets Corp.\nNeptune Digital Assets Corp. is one of the first publicly traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.\nON BEHALF OF THE BOARD\nCale Moodie, President and CEONeptune Digital Assets Corp.1-800-545-0941www.neptunedigitalassets.com\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX \u200eVenture Exchange) accepts responsibility for the adequacy or accuracy of this release.\u200e\nForward-Looking Statements\nThis release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-Looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-Looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company\'s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the auditors completing the remining auditing items with respect to the Annual Filings; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company\'s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.\nThe Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management\'s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/203262', 'America’s "snowballing debt"—at $34 trillion and counting—is putting the country on course to end up in a crisis reminiscent of Japan\'s lost decade, and Washington cannot take for granted the notion that investors will continue to fund its fiscal deficit forever, warnsBlackRockCEO Larry Fink.\nThe CEO of the world’s largest asset manager also cautioned that the recent three percentage point increase in U.S. Treasury yields, to 4%—which reflects longer term inflation expectations and the Fed\'s aggressive interest rate hikes—is already very dangerous, since it amounts to an extra trillion dollars in interest payments alone over the next decade.\n“The situation is more urgent than I can ever remember,” Fink wrote in hisannual letterto investors on Tuesday. “There’s a bad scenario where the American economy starts looking like Japan’s in the late 1990s and early 2000s, when debt exceeded GDP and led to periods of austerity and stagnation.”\nThe national debt is rising at a rate of $1 trillion roughlyevery 100 days, which itself is putting upwards pressure on consumer prices. That is partly why both assets believed to be inflation hedges like physical gold and Bitcoin—what some view as the precious metal’s virtual cousin due to its limited nature—arebothatrecord highs.\n“A high-debt America would also be one where it’s much harder to fight inflation, since monetary policymakers could not raise rates without dramatically adding to an already unsustainable debt-servicing bill,” he added.\nhttps://www.youtube.com/watch?v=fWg5GKuNHLE\nFink joins Fed chairJerome Powell, JPMorgan CEOJamie Dimon,Bank of AmericabossBrian MoynihanandElon Muskin sounding the alarm. And while Joe Biden has been blamed for spending excesses stemming from the COVID recovery, the truth is the problems harken back much further as the country lurched from one crisis response to the next.\nEver since thebudget surplusesunder Bill Clinton, the24 subsequent years—split evenly between Republican and Democrat-led administrations—have seen spending get out of control with the debt rising by $26 trillion over the period due to expensive wars, generous unfunded tax breaks and Keynsian-style spending to combat deflating asset bubbles.\n“When I talk about this statistic, I get frightened,” Fink told Bloomberg TV onTuesday. “The cost of financing our deficits is going to erode more and more of our disposable income as a country.”\nIt’s precisely these elevated levels of U.S. government spending that have been fueling the country’s remarkable expansion that has defied the economic gravity that all other nations have faced of late, according to Jim Bianco,\nSpeakinglast week, the president of Bianco Research explained that expenditure as a percentage of GDP remains at levels only eclipsed by a once-in-a-century pandemic and the 2008 financial crisis. In other words, stimulus is being pumped into the U.S. economy at a rate more indicative of a government fighting off a recession. In theory, that approach makes sense when consumers are beating a retreat, but that has not been the case of late.\n“We are spending a lot more money than we ever have before,” Bianco said, arguing the GDP will artificially levitate as long as government expenditure continues to comprise an above-average 22% of overall economic output. “They’re spending like it’s the middle of a recession.”\nThis story was originally featured onFortune.com', '• Major shareholders representing ~22% of WonderFi stock are demanding urgent change as share price plummets during the strongest bull run in history for crypto currencies like Bitcoin\n• KAOS Capital CEO Adam Arviv leading the charge to replace the entrenched and disorganized Board that missed opportunities to capitalize on the Company’s position as the only fully regulated crypto exchange in Canada\nTORONTO, March 27, 2024--(BUSINESS WIRE)--KAOS Capital Ltd. ("KAOS"), a significant shareholder in WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ("WonderFi" or the "Company"), today announced its intent to nominate five highly experienced individuals to the WonderFi Board of Directors (the "Board") ahead of the annual general meeting scheduled to be held on May 21, 2024.\nKAOS’s call for change in the Board reflects its dissatisfaction with WonderFi’s lifeless stock performance and its failure to capitalize on its position as the only fully regulated crypto exchange in Canada. The current Board has overseen extremely poor performance as compared to other public securities in the global crypto space during the strongest bull run in history for crypto currencies like Bitcoin.\nThe current Board has repeatedly refused to engage on plans to restore investor confidence, leading KAOS to this decision to nominate a more effective and engaged slate of directors. KAOS’ call for change has significant support from shareholders, and cumulatively represents approximately 22% of the issued and outstanding shares, including Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) ("Mogo"), the Company’s largest shareholder, which holds approximately 13% ownership interest, and with whom KAOS has entered into a voting agreement.\nKAOS is confident that new leadership will enable WonderFi to realize its significant upside potential and gain traction within the re-accelerating crypto marketplace. KAOS has recognized that the current weak leadership is not capable of capitalizing on opportunities in the marketplace and is holding the Company back, resulting in the stock trading significantly below its comparable peers and Company’s intrinsic value.\n"As the cryptocurrency market rebounds, WonderFi is uniquely positioned to leverage its position as the only fully regulated crypto exchange in Canada," said Adam Arviv, CEO of KAOS. "Strong leadership is imperative to capitalizing on this opportunity and the current Board has not shown itself to be capable or engaged enough to lead the way. Rather than engaging constructively and identifying a path forward, the current Board has taken the approach of stonewalling its shareholders. A proxy contest was not our first choice, but unfortunately is now required if shareholder value is to be protected and enhanced."\n"This need for new leadership has already been identified by a large proportion of shareholders and every day more shareholders are joining our call for change," added Arviv. "I encourage the Board not to waste more Company resources and to participate in an orderly transition, given that change is inevitable."\nMISSED OPPORTUNITIES: FAILURE TO CAPITALIZE ON STRENGTHS\nAs the only Canadian crypto exchange listed on the Toronto Stock Exchange, WonderFi has been unable to seize the opportunities presented by the cryptocurrency rebound. Comparison of WonderFi\'s performance with Coinbase and other industry peers highlights significant divergences and underscores ample room for improvement.\nThis failure is compounded by a lack of product strategy and fragmented brand positioning, eroding investor confidence and perpetuating value destruction. KAOS believes that a valuable asset with significant upside potential is being led astray by a weak Board and Management, squandering opportunities and driving the stock price far below its true intrinsic value.\nSIGNIFICANT UNDERPERFORMANCE\nDespite the thriving crypto market seeing double and triple-digit growth, the Company’s share price has witnessed significant value destruction this year.\nAs of market close on March 26, 2024, WonderFi’s stock price performance indicates fundamental underperformance, resulting in shareholder value destruction when compared to similar issuers/assets. A comparison of WonderFi’s share price against Coinbase Global Inc. (NASDAQ: COIN), DeFi Technologies (NEO: DEFI), Galaxy Digital Holdings (TSX: GLXY), MicroStrategy Inc. (NASDAQ: MSTR), and Bitcoin (BTC), across three distinct periods highlights this trend: from the announcement of the WonderFi and Coinsquare deal, the close of the deal, and year-to-date.\nDuring these periods, WonderFi\'s stock price performance was as follows: 33% return during the announcement period, 43% return at the close of the deal, and a decline of -10% year-to-date. However, when compared to the average return of the other five selected comparables, WonderFi\'s performance exhibited a notable downward variance. The average returns of the comparables were significantly higher in the same periods, demonstrating average returns of 298%, 255%, and 67%, respectively.1\nThe Company’s missteps lie not only in its financial performance but also in its investor relations strategy, which has favoured issuing superficial press releases over substantive engagement with shareholders. This flawed approach has done little to increase investor confidence, instead raising valid concerns regarding the transparency and credibility of the company’s communication practices.\nSUPPORT FROM WONDERFI’S LARGEST SHAREHOLDER\nTo ensure that WonderFi is on the track to maximizing shareholder value, KAOS and Mogo have entered into a voting agreement where Mogo will support the five nominees put forth by KAOS. This agreement is significant given that Mogo is the Company’s largest shareholder representing approximately 13% ownership interest and brings intimate knowledge of the business and industry in which the Company operates.\nMogo was also the largest shareholder of Coinsquare, which was acquired by WonderFi last year. This alignment creates opportunities for decisive action in guiding WonderFi towards positive outcomes for the Company and all its stakeholders.\nPOOR CAPITAL ALLOCATION TRACK RECORD\n• In assessing the Company’s capital allocation practices, several areas of concern have surfaced. This includes a lack of strategic coherence in mergers and acquisitions, coupled with inadequate follow-through on integrating acquired assets effectively.\n• The haphazard integration of five acquisitions made over the last two years and the presence of multiple brands and platforms has contributed to market confusion. The Company\'s recent announcement on March 19, 2024, regarding the acquisition of FX Institutions Pty. Ltd. in Australia is another example of a misguided go-forward strategy that has confused investors. This acquisition appears to be following the same pattern of previous ill-advised acquisitions under the current Board.\n• Significant impairments from past acquisitions have raised questions about the Board’s oversight. The earlier acquisition of three entities totaling $158 million by December 2022 resulted in impairment charges of $121 million, representing 77% of the acquisition value.\n• In 2023, two additional acquisitions valued at $74 million led to a 70% dilution of shareholder value, with a looming threat of further impairments. This pattern has contributed to an accumulated deficit of approximately $200 million as of September 2023.\nTUMULTUOUS TURNOVER IN LEADERSHIP\n• Over the past two years, the Company has experienced a tumultuous turnover in leadership, with changes including the departure of the CEO, two CFOs, the CSO, and multiple directors. This whirlwind of personnel shifts at the executive level has raised concerns regarding the Company’s strategic trajectory and governance practices.\n• As re Last 60 Days of Bitcoin's Closing Prices: [42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-27 Financial & Commodity Data: - Gold Closing Price: $2190.60 - Crude Oil Closing Price: $81.35 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,361,484,297,881 - Hash Rate: 567537982.2762733 - Transaction Count: 355902.0 - Unique Addresses: 637151.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation. However, Cathie Wood's Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade. Here's what investors should know about this cryptocurrency. Bitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually. That monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley. Better yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year. [{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}] Data source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number. As shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility. According to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn't have a terribly long history. Bitcoin's price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins. To that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years: 1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers. 2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years. Ark Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside. Cathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs. Sensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty. Patient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of February 12, 2024 Trevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. 1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks snapped a three-day losing streak, with major indexes rising Wednesday.\n• The S&P 500 is poised to close out its best first quarter since 2019.\n• Investors are waiting on more Fedspeak and economic data later this week.\nUS stocks jumped on Wednesday, bouncing back from a three-day losing streak with traders hoping to close the market\'s best first quarter in five years.\nMajor averages ticked higher, with the Dow Jones Industrial Average soaring more than 475 points.\nThe benchmark S&P 500, with a gain of more than 9.5% so far this year, is on track for the best first three months of the year since 2019.\nInvestors are waiting on remarks from Fed Governor Christopher Waller after the closing bell, as well as a slew of economic data points coming out later this week. February\'s personal consumption expenditures reading, the Fed\'s favorite gauge of inflation, will be released Friday morning and will serve as a key input for central bankers when deciding the pace of rate cuts this year.\n"The Fed\'s Chris Waller may offer a rebuke of Jay Powell\'s dovishness today. While not dismissing the prospect of a June cut, Waller may point to sturdy US aggregate demand and \'sticky\' inflation in the January and February data to justify fewer rate cuts," Thierry Wizman, a strategist at Macquarie said in a note on Wednesday.\nMarkets are largely expecting the Fed to cut rates three times by December, in line with what central bankers have forecast for the year. Investors are pricing in a 73% chance the Fed could cut rates 75 basis points or more, according to theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,248.50, up 0.86%\n• Dow Jones Industrial Average: 39,760.08, up 1.22% (+477.75 points)\n• Nasdaq Composite: 16,399.52, up 0.51%\nHere\'s what else is going on today:\n• Tesla stock will fall another 33%as it\'s too expensive and lacks upside catalysts, Bernstein analysts said.\n• Robinhood stock surgedafter the company launched a solid gold credit card with 3% cash back.\n• China\'s industrial push could destabilize the global economy, Treasury Secretary Janet Yellen warned.\n• Bitcoin\'s halving could force miners to risk operating in cheaper locationswith less reliable power grids.\nIn commodities, bonds, and crypto:\n• Oil prices were little changed.West Texas Intermediatecrude inched up to $81.66 a barrel.Brent crude, the international benchmark, traded slightly higher at $86.32 a barrel.\n• Goldclimbed 0.6% to $2,212.50 per ounce.\n• The 10-year Treasury ticked lower four basis points to 4.19%.\n• Bitcoinslipped 1.38% to $68,737.\nRead the original article onBusiness Insider', "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', "• On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively.\n• Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market.\n• Dealer hedging could also breed volatility around $70,000, FRNT’s David Brickell said.\nThe impending quarterly expiry of bitcoin {{BTC}} and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers.\nOn Friday at 08:00 UTC, Deribit, the world’s leading cryptocurrency options exchange, will settle quarterly contracts worth $15.2 billion. Bitcoin options account for $9.5 billion or 62% of the total notional open interest due for settlement, while ether options comprise the rest.\nThe $15 billion expiry is one of the largest in the exchange’s history, Deribitdata show. The expiry will wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities.\nNotional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The exchange accounts for over 85% of the global crypto options market. A call option is a type of financial contract that gives the buyer the right, but not the obligation, to purchase an underlying asset at a preset price at a later date. A put gives the right to sell.\nLuuk Strijers, chief commercial officer at Deribit, said large amounts of options are set to expirein-the-money(ITM), which could inject upward pressure or volatility into the market.\nA call option expiring ITM has a strike price lower than the underlying asset’s going market rate. On expiry, the ITM call gives the purchaser the right to buy 1 BTC at the strike price (which is lower than the spot market rate), generating a profit. A put option expiring ITM has a strike price higher than the underlying asset’s going market rate.\nAt the going market rate of around $70,000, bitcoin options worth $3.9 billion are set to expire in the money. That’s 41% of the total quarterly open interest of $9.5 billion due for settlement. Similarly, 15% of ETH’s total quarterly open interest of $5.7 billion is on track to expire in the money, as data from Deribit shows.\n“These levels are higher than usual, which can also be seen in the low max pain levels. The reason is, of course, the recent price rally. Higher levels of ITM expiries might lead to potential upward pressure or volatility in the underlying,” Strijers told CoinDesk.\nThe maximum pain points for BTC and ETH's quarterly expiry are $50,000 and $2,600, respectively. The max pain is when option buyers stand to lose the most money. The theory is that option sellers (writers), usually institutions or traders with ample capital supply, look to pin prices near the maximum pain point to inflict maximum loss on option buyers.\nDuring the last bull market, bitcoin and ether consistentlycorrected lowerin thedirection oftheir respective max pain points only to resume the rally after the expiry.\nSimilar dynamics could be at play, according to Strijers.\n“The market could see upward pressure as the expiry removes the lower max pain magnet,” Strijers explained.\nDavid Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, said hedging activities of dealers or market makers could boost volatility.\n“The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.\nGamma measures the movement of Delta, which gauges the option’s sensitivity to changes in the underlying asset’s price. In other words, gamma shows the amount of delta-hedging market makers need to do to keep their net exposure neutral as prices move. Market makers must maintain a market-neutral exposure while creating liquidity in order books and profiting from the bid-ask spread.\nWhen market makers are short gamma or holding short options positions, they buy high and sell low to hedge their books, potentially amplifying the price.", "• On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively.\n• Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market.\n• Dealer hedging could also breed volatility around $70,000, FRNT’s David Brickell said.\nThe impending quarterly expiry of bitcoin {{BTC}} and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers.\nOn Friday at 08:00 UTC, Deribit, the world’s leading cryptocurrency options exchange, will settle quarterly contracts worth $15.2 billion. Bitcoin options account for $9.5 billion or 62% of the total notional open interest due for settlement, while ether options comprise the rest.\nThe $15 billion expiry is one of the largest in the exchange’s history, Deribitdata show. The expiry will wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities.\nNotional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The exchange accounts for over 85% of the global crypto options market. A call option is a type of financial contract that gives the buyer the right, but not the obligation, to purchase an underlying asset at a preset price at a later date. A put gives the right to sell.\nLuuk Strijers, chief commercial officer at Deribit, said large amounts of options are set to expirein-the-money(ITM), which could inject upward pressure or volatility into the market.\nA call option expiring ITM has a strike price lower than the underlying asset’s going market rate. On expiry, the ITM call gives the purchaser the right to buy 1 BTC at the strike price (which is lower than the spot market rate), generating a profit. A put option expiring ITM has a strike price higher than the underlying asset’s going market rate.\nAt the going market rate of around $70,000, bitcoin options worth $3.9 billion are set to expire in the money. That’s 41% of the total quarterly open interest of $9.5 billion due for settlement. Similarly, 15% of ETH’s total quarterly open interest of $5.7 billion is on track to expire in the money, as data from Deribit shows.\n“These levels are higher than usual, which can also be seen in the low max pain levels. The reason is, of course, the recent price rally. Higher levels of ITM expiries might lead to potential upward pressure or volatility in the underlying,” Strijers told CoinDesk.\nThe maximum pain points for BTC and ETH's quarterly expiry are $50,000 and $2,600, respectively. The max pain is when option buyers stand to lose the most money. The theory is that option sellers (writers), usually institutions or traders with ample capital supply, look to pin prices near the maximum pain point to inflict maximum loss on option buyers.\nDuring the last bull market, bitcoin and ether consistentlycorrected lowerin thedirection oftheir respective max pain points only to resume the rally after the expiry.\nSimilar dynamics could be at play, according to Strijers.\n“The market could see upward pressure as the expiry removes the lower max pain magnet,” Strijers explained.\nDavid Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, said hedging activities of dealers or market makers could boost volatility.\n“The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.\nGamma measures the movement of Delta, which gauges the option’s sensitivity to changes in the underlying asset’s price. In other words, gamma shows the amount of delta-hedging market makers need to do to keep their net exposure neutral as prices move. Market makers must maintain a market-neutral exposure while creating liquidity in order books and profiting from the bid-ask spread.\nWhen market makers are short gamma or holding short options positions, they buy high and sell low to hedge their books, potentially amplifying the price.", 'Many cryptocurrencies plunged in 2022 as rising rates, the collapses of high-profile exchanges and tokens, and regulatory threats drove investors toward safer investments. That "crypto winter" dragged on throughout the first half of 2023.\nBut over the past 12 months, investors gradually pivoted back toward cryptocurrencies in anticipation of lower interest rates and a warmer macro environment. So if you believe brighter days are ahead for the crypto market, it might be the right time to load up on these three cryptocurrencies.\nBitcoin\'s(CRYPTO: BTC)price hit a new all-time high of $73,580 on March 14. It subsequently pulled back to about $65,000, but it\'s still up more than 130% over the past 12 months. That rally was driven bythree main catalysts.\nFirst, the U.S. Securities and Exchange Commission (SEC) approved the first 11 spot price exchange-traded funds (ETFs) for Bitcoin this January. That approval made it much easier to directly invest in Bitcoin, which was previously only accessible through direct purchases or ETFs tethered to trusts and future contracts.\nSecond, more investors are paying attention to the next "halving," which will reduce the rewards for mining Bitcoin in half this April. That process, which occurs every four years, will likely drive Bitcoin\'s price higher by tightening its available supply. Lastly, hopes for lower interest rates and a broader fear of missing out (FOMO) drew more investors back to Bitcoin. Bitcoin\'s price will likely remain volatile, but those tailwinds could drive its price much higher through the end of the year.\nEthereum(CRYPTO: ETH)also rallied 90% to about $3,500 over the past 12 months. Those gains were driven by hopes for spot price ETF approvals, major upgrades for improving the Ethereum Network\'s operating efficiency, and the development of more decentralized tokens and apps across its blockchain.\nEthereum\'s price recently slumped after the SEC requested more information from the Ethereum Foundation and continued its drive to reclassify Ether and other Ethereum tokens as securities. The SEC also reiterated its view that Bitcoin was the only cryptocurrency that could be classified as a commodity instead of a security.\nThat setback doused hopes for a quick approval of spot price ETFs for Ether, but it could head higher once it clears these regulatory hurdles. Ether\'s supply has still been steadily decreasing ever since it shifted from the "proof-of-work" (PoW) model to a more energy-efficient "proof-of-stake" (PoS) model in late 2022, and its token burns are accelerating that decline. Therefore, it might be smart to accumulate some Ethereum while the market is paying a lot more attention to Bitcoin.\nXRP(CRYPTO: XRP), the native cryptocurrency of the Ripple payment protocol network, rallied more than 40% over the past 12 months but remains more than 80% below its all-time high of $3.84 from January 2018.\nLike Bitcoin and Ethereum, XRP struggled with an exodus of investors as interest rates rose. However, XRP also faces unique regulatory and competitive headwinds.\nOn the regulatory front, the SEC sued Ripple and two of its executives in late 2020 for raising $1.3 billion through an unauthorized offering of XRP tokens. The regulators argued that those tokens should have been classified as unregistered securities. But last July, a U.S. court ruled that Ripple\'s sales of XRP tokens didn\'t constitute sales of unregistered securities, and subsequently shot down an appeal by the SEC three months later. The SEC then dropped its lawsuit against Ripple\'s two executives, but the two parties are still headed for a final court battle in April.\nAs for the competition, Ripple needs to keep pace with similar blockchain-powered networks like Ethereum, which serves a broader range of markets; andSolana, which processes its transactions at a faster rate. Those challenges are daunting, but If Ripple wins its case against the SEC and upgrades its network to keep pace with its competitors, its price could climb a lot higher over the next few months.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy Hand Over Fist in Marchwas originally published by The Motley Fool', "With the recent news that the fast-casual restaurant chainChipotle Mexican Grillplans a 50-for-1stock split, many investors might wonder which publicly traded company could be next.\nMicroStrategy(NASDAQ: MSTR), an enterprise software company that shifted its focus to buying and holdingBitcoin(CRYPTO: BTC)in 2020, could benefit from a split since its stock is trading close to $1,900 per share. Let's explore why a company might split its stock and whether MicroStrategy might entertain such a move.\nAstock splitoccurs when a company divides its existing shares into multiple shares, effectively increasing the number of available shares while maintaining itsmarket capitalization. While shareholders end up with more shares, their ownership percentage and the total worth of their investment stay the same.\nFor example, suppose you hold 10 shares of a company priced at $100 per share. If the company executes a 2-for-1 stock split, you would then own 20 shares valued at $50 each, while your total investment value would remain at $1,000.\nWhen a stock like MicroStrategy has a high price, it might become too expensive for many individual investors. While some brokerages offer fractional shares, others (like Vanguard) do not.\nLowering the share price makes a stock more accessible to a broader range of investors, which in theory could drive up demand for the company's shares and increase its market value.\nA decrease in stock price can benefit options traders by making them more affordable. This may attract more participants to the options market and open up opportunities for traders to implement strategies at lower costs, thus bringing more visibility to the stock.\nMicroStrategy went public in 1998, and in early 2000, the company split its stock 2-for-1 as it reached an all-time high. Similar to other dot-com companies, the bubble burst soon after, and MicroStrategy undertook a 1-for-10 reverse split in 2002 to meet the minimum-price requirements of aNasdaqlisting.\nExecutive Chairman Michael Saylor oversaw the company through its previous stock split and reverse stock split. Given the stock's past scars and volatility, with a 52-week high of $1,900 and a 52-week low of $230, Saylor could arguably be more hesitant this time around. No one at the company has commented in public on a potential stock split.\nIt's typically not recommended to base investment decisions solely on the potential for a stock split. Instead, a company's financial performance should be of much greater importance when evaluating a stock's long-term potential.\nWith that said, MicroStrategy is not like any other publicly traded company on the market because, facing limited growth prospects in its software business, it decided to purchase $250 million of Bitcoin in 2020 -- and hasn't stopped buying it since.\nToday, the company holds 214,246 bitcoins, acquired for $7.53 billion at an average price of $35,160 each. With Bitcoin trading for approximately $69,400, the unprecedented bet has paid off for MicroStrategy investors thus far, with its stock up over 1,400% since the company initiated the new approach.\nStill, prospective buyers should know a few things before investing in MicroStrategy today. First, the company's balance sheet has taken a considerable hit, with its net cash of $531 million transformed into $2.1 billion in net debt since its spending spree began.\nSecond, the company's number of outstanding shares has surged from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. Most of the cash generated by these stock sales was reinvested in even more Bitcoin.\nThe company's debt and share dilution will likely continue, as Microstrategy recently announced two convertible notes at $800 million and $600 million to fund its latest Bitcoin spending spree. Convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into stock shares at a future time. These notes are set to reach maturity in 2030 and 2031, respectively, unless they're repurchased, redeemed, or converted earlier, per the conditions outlined in their terms.\nEven for Bitcoin enthusiasts, MicroStrategy stock is starting to make less sense than buying the cryptocurrency directly or through one of the newly approved Bitcoin exchange-traded funds. That's because, as of this writing, the company has an enterprise value (market capitalization plus net debt) of $34.8 billion yet holds $14.9 billion worth of Bitcoin.\nTherefore, prospective investors are paying a significant premium for MicroStrategy, which generated $496 million in revenue for 2023, down 1% from $499 million in 2022. That makes this stock an unfavorable arbitrage play, and prospective investors should avoid the stock at today's lofty price.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCollin Brantmeyerhas positions in Chipotle Mexican Grill. The Motley Fool has positions in and recommends Bitcoin and Chipotle Mexican Grill. The Motley Fool has adisclosure policy.\nStock Split Watch: Is MicroStrategy Next?was originally published by The Motley Fool", "• Next month's reward halving could add to the ETF tailwinds for bitcoin, the report said.\n• Spot ETFs could become a more meaningful contributor to bitcoin’s price action.\n• BTC miners show signs of decoupling from the cryptocurrency's price as the halving event raises questions about profitability, Canaccord wrote.\nThe more than 60% rally in bitcoin {{BTC}} in the first quarter was driven mainly by theapprovalof spot exchange-traded funds (ETFs), the impending reward halving and an appetite for increased risk in financial markets, broker Canaccord Genuity said in a research report on Thursday.\n“While the macro outlook and timing of potential rate cuts remain uncertain, the upcoming halving event could add to the ETF tailwinds for bitcoin,” analysts led by Michael Graham wrote, adding that “for the rest of the ecosystem, activity levels continue to rebound from 2023 lows.” Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the supply of bitcoin. The nexthalvingis expected in April. Canaccord says it is encouraged by the Securities and Exchange Commission’s (SEC) approval of 11 U.S. spot bitcoin ETFs in the quarter. “While bitcoin’s increase in value during Q1 was far greater than ETF inflows, this tailwind should persist as retail investors look to add crypto exposure to IRAs and other tax-advantaged accounts, and we expect spot ETFs could become a more meaningful part of bitcoin’s price action going forward,” the authors wrote. IRAs are a way of saving for retirement in the U.S.\nPublicly traded miners underperformed bitcoin in the first quarter, showing signs of decoupling from the cryptocurrency's price, the report noted. Canaccord said next month's halving has introduced uncertainty about the profitability of some miners, and spot ETFs have given equity investors an alternative means of gaining exposure to the world’s largest cryptocurrency. “If history were to repeat itself, an even more bullish period for bitcoin and crypto could potentially be on the horizon in the months following this halving event,” the report added.\nRead more:Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says", "• Next month's reward halving could add to the ETF tailwinds for bitcoin, the report said.\n• Spot ETFs could become a more meaningful contributor to bitcoin’s price action.\n• BTC miners show signs of decoupling from the cryptocurrency's price as the halving event raises questions about profitability, Canaccord wrote.\nThe more than 60% rally in bitcoin {{BTC}} in the first quarter was driven mainly by theapprovalof spot exchange-traded funds (ETFs), the impending reward halving and an appetite for increased risk in financial markets, broker Canaccord Genuity said in a research report on Thursday.\n“While the macro outlook and timing of potential rate cuts remain uncertain, the upcoming halving event could add to the ETF tailwinds for bitcoin,” analysts led by Michael Graham wrote, adding that “for the rest of the ecosystem, activity levels continue to rebound from 2023 lows.” Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the supply of bitcoin. The nexthalvingis expected in April. Canaccord says it is encouraged by the Securities and Exchange Commission’s (SEC) approval of 11 U.S. spot bitcoin ETFs in the quarter. “While bitcoin’s increase in value during Q1 was far greater than ETF inflows, this tailwind should persist as retail investors look to add crypto exposure to IRAs and other tax-advantaged accounts, and we expect spot ETFs could become a more meaningful part of bitcoin’s price action going forward,” the authors wrote. IRAs are a way of saving for retirement in the U.S.\nPublicly traded miners underperformed bitcoin in the first quarter, showing signs of decoupling from the cryptocurrency's price, the report noted. Canaccord said next month's halving has introduced uncertainty about the profitability of some miners, and spot ETFs have given equity investors an alternative means of gaining exposure to the world’s largest cryptocurrency. “If history were to repeat itself, an even more bullish period for bitcoin and crypto could potentially be on the horizon in the months following this halving event,” the report added.\nRead more:Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says", 'NASSAU,\xa0Bahamas,March 28, 2024/PRNewswire/ --OKX, a global leading Web3 technology company andcryptoexchange, has opened entries for itsBitcoinhalving-themed \'The UltimateBitcoinRush\' and \'OKX Web3BitcoinDrop\' trading campaigns, featuring a prize pool worth over 10 BTC.\nRegistration for \'The UltimateBitcoinRush\' has begun, while registration for \'OKX Web3BitcoinDrop\' begins onMarch 28, 2024.\n\'The UltimateBitcoinRush,\' set to run fromApril 8, 2024, toApril 26, 2024, is a CeFi trading competition that invites both teams and individuals to register and compete for an opportunity to claim a share of a 10 BTC prize pool.\nEligible users must register and join a team on thetrading competition landing pagefrom now untilApril 7, 2024at 23:59 (UTC+8). Rewards will be allocated to the top 20 teams based on team profit percentage. Additionally, the top 15 traders will receive rewards based on their individual profit amount.\nNew users who registered for an OKX account afterMarch 18, 2024at 00:00 (UTC+8) will also receive a 10% boost to their score on both the \'Team\' and \'Individual\' leaderboards, providing them with an exclusive edge in the competition. Participating contracts for this competition include all USDT perpetual futures trading pairs.\n\'OKX Web3BitcoinDrop\' is a Web3-focused campaign aimed at increasing engagement in theBitcoinnetwork, giving one lucky participant the opportunity to win 1 BTC. To join the campaign, eligible users must register on the campaign\'slanding page, hold ≥ 0.0005 BTC during the event, make at least one BTC transaction viaOKX Wallet, conduct a BTC cross-chain swap on theOKX DEXaggregator, trade Ordinals or Atomicals assets on theOKX Marketplaceand complete social media tasks, such as followingOKX Web3on X (previously known as Twitter).\nOKX Chief Commercial OfficerLennix Laisaid:"We\'re excited to launch \'The UltimateBitcoinRush\' and the \'OKX Web3BitcoinDrop\' campaigns. \'The UltimateBitcoinRush\' aims to encourage engagement from the trading community while providing new and existing users an opportunity to showcase their trading skills. Our \'OKX Web3BitcoinDrop\' campaign furthers this engagement on theBitcoinnetwork by rewarding our Web3 users. As we approach the nextBitcoinhalving, we believe this is the perfect time to interact with our community, and reward our top traders and Web3 users."\nBesides the \'OKX Web3BitcoinDrop,\' OKX Web3 has also collaborated withBitcoinecosystem projects likeBounceBit,Merlin ChainandBOBto launchBitcoinhalving-themed campaigns. This provides eligible users with the opportunity to take part in a series ofBitcoin-themed activities and earn rewards.\nBitcoinhalvings, happening every 210,000 blocks, are a feature programmed byBitcoin\'s creator,Satoshi Nakamoto, that cuts the reward for miningBitcointransactions in half.Bitcoinhalving events are believed to help regulateBitcoin\'s inflation and preserve its worth by mimicking the limited availability of precious metals. The next halving inApril 2024will decrease the reward from 6.25 to 3.125 BTC. This scarcity has contributed toBitcoin\'s price appreciation over time, making halving events significant as they introduce a deflationary aspect toBitcoin.\nFor more information on OKX\'s activities related to theBitcoinhalving, visit:okx.com/landingpage/btc-halving\nNote: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign\'s full terms and conditions,click here.\nAbout OKX\nOKX is a leading globalcryptoexchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliablecryptoapps in the world.\nAs a top partner of English Premier League champions Manchester City FC, McLaren Formula 1 andOlympianScotty James,OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.\nThe OKX Wallet is the platform\'s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi andDeFitokens.\nOKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nCONTACT:[email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-launches-bitcoin-halving-themed-trading-competitions-on-its-exchange-and-web3-wallet-302102429.html\nSOURCE OKX', 'NASSAU,\xa0Bahamas,March 28, 2024/PRNewswire/ --OKX, a global leading Web3 technology company andcryptoexchange, has opened entries for itsBitcoinhalving-themed \'The UltimateBitcoinRush\' and \'OKX Web3BitcoinDrop\' trading campaigns, featuring a prize pool worth over 10 BTC.\nRegistration for \'The UltimateBitcoinRush\' has begun, while registration for \'OKX Web3BitcoinDrop\' begins onMarch 28, 2024.\n\'The UltimateBitcoinRush,\' set to run fromApril 8, 2024, toApril 26, 2024, is a CeFi trading competition that invites both teams and individuals to register and compete for an opportunity to claim a share of a 10 BTC prize pool.\nEligible users must register and join a team on thetrading competition landing pagefrom now untilApril 7, 2024at 23:59 (UTC+8). Rewards will be allocated to the top 20 teams based on team profit percentage. Additionally, the top 15 traders will receive rewards based on their individual profit amount.\nNew users who registered for an OKX account afterMarch 18, 2024at 00:00 (UTC+8) will also receive a 10% boost to their score on both the \'Team\' and \'Individual\' leaderboards, providing them with an exclusive edge in the competition. Participating contracts for this competition include all USDT perpetual futures trading pairs.\n\'OKX Web3BitcoinDrop\' is a Web3-focused campaign aimed at increasing engagement in theBitcoinnetwork, giving one lucky participant the opportunity to win 1 BTC. To join the campaign, eligible users must register on the campaign\'slanding page, hold ≥ 0.0005 BTC during the event, make at least one BTC transaction viaOKX Wallet, conduct a BTC cross-chain swap on theOKX DEXaggregator, trade Ordinals or Atomicals assets on theOKX Marketplaceand complete social media tasks, such as followingOKX Web3on X (previously known as Twitter).\nOKX Chief Commercial OfficerLennix Laisaid:"We\'re excited to launch \'The UltimateBitcoinRush\' and the \'OKX Web3BitcoinDrop\' campaigns. \'The UltimateBitcoinRush\' aims to encourage engagement from the trading community while providing new and existing users an opportunity to showcase their trading skills. Our \'OKX Web3BitcoinDrop\' campaign furthers this engagement on theBitcoinnetwork by rewarding our Web3 users. As we approach the nextBitcoinhalving, we believe this is the perfect time to interact with our community, and reward our top traders and Web3 users."\nBesides the \'OKX Web3BitcoinDrop,\' OKX Web3 has also collaborated withBitcoinecosystem projects likeBounceBit,Merlin ChainandBOBto launchBitcoinhalving-themed campaigns. This provides eligible users with the opportunity to take part in a series ofBitcoin-themed activities and earn rewards.\nBitcoinhalvings, happening every 210,000 blocks, are a feature programmed byBitcoin\'s creator,Satoshi Nakamoto, that cuts the reward for miningBitcointransactions in half.Bitcoinhalving events are believed to help regulateBitcoin\'s inflation and preserve its worth by mimicking the limited availability of precious metals. The next halving inApril 2024will decrease the reward from 6.25 to 3.125 BTC. This scarcity has contributed toBitcoin\'s price appreciation over time, making halving events significant as they introduce a deflationary aspect toBitcoin.\nFor more information on OKX\'s activities related to theBitcoinhalving, visit:okx.com/landingpage/btc-halving\nNote: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign\'s full terms and conditions,click here.\nAbout OKX\nOKX is a leading globalcryptoexchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliablecryptoapps in the world.\nAs a top partner of English Premier League champions Manchester City FC, McLaren Formula 1 andOlympianScotty James,OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.\nThe OKX Wallet is the platform\'s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi andDeFitokens.\nOKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nCONTACT:[email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-launches-bitcoin-halving-themed-trading-competitions-on-its-exchange-and-web3-wallet-302102429.html\nSOURCE OKX', 'The price of bitcoin has held above $70,000 (£55,591) in early trading on Thursday, as money flowed into spot bitcoin exchange-traded funds (ETFs).\nEvery day this week so far has witnessed net positive inflows into spot bitcoin ETFs from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN). On Monday, there were inflows of $15m, while Tuesday and Wednesday saw inflows of $418m and $243m, respectively.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nThis is a reversal from last week, which witnessed outflows from Monday to Friday. These outflows significantly contributed to bitcoin\'s price (BTC-USD) decline from its all-time high of over $73,000 on Thursday, 14 March, to a low of around $61,000 in the middle of last week.\nThe downward pressure throughout last week was largely a result of increased selling of the Grayscale Bitcoin Trust ETF (GBTC). Every day last week saw significant spot bitcoin ETF outflows, with Tuesday, 19 March, recording the largest outflows at £326m.\nRead more:Crypto live prices\nAnalysts think that the large-scale selling off of GBTC could be approaching exhaustion. If that is the case, and the sell-offs stop. This combined with the upcoming bitcoin halving event anticipated in April, could see prices start going up again.\nAccording toblockchain analysis firm Arkham Intelligence, the GrayscaleBitcoinTrust (GBTC), whichholds more than 347,000 bitcoinat a value of roughly $24.6bn, is selling at a pace that will see it "run out for good" in just 14 weeks.\nThe influx of capital from the traditional finance sphere into spot bitcoin ETFs is acting as a major price catalyst for the digital asset, but it is not the only one. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe bitcoin halving is an event that happens about every four years and is expect to happen again this April. The halving will reduce the bitcoin reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nAccording to Maconomics CEO Ross Mac, bitcoin is a necessary asset in investors\' portfolios despite its volatility. Speaking toYahoo Finance Live, Mac emphasised that bitcoin should "absolutely" be part of an investor\'s portfolio, describing it as "a more diversified approach" than traditional asset classes.\nHe noted that with bitcoin gaining exposure to institutional investors it may become "a lot less volatile moving forward." Mac calls Bitcoin one of the "greatest technological advancements" of our time, alongside artificial intelligence and the internet.\nRead more:Crypto live prices\nHe added that since its inception, bitcoinhas fallen 50% a total of eight times,yet each time has recovered and reached new highs. However, he stresses that "it\'s a long-term hold," and investors venturing into crypto should be comfortable with volatility, although he suggests that the new ETFs should create more stability.\nThe global cryptocurrency market today stands at $2.79tn, an increase of 1.5% in the past 24 hours. Bitcoin makes up 48.9% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.4%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, up only 0.4% compared to bitcoin\'s 5% increase. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAccording to analysts from Bloomberg, the chances of a spot ether ETF being approved by the SEC in May have decreased. The Bloomberg ETF analysts cited US financial regulators\' seeming lack of engagement with potential issuers over the products.\n“We now believe these will ultimately be denied on May 23rd for this round,” Bloomberg Intelligence ETF analyst James Seyffart wrote in aposton X on Tuesday. Seyffart and his colleague Eric Balchunas hadpreviouslygiven 35% odds for approval in May.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards compared to bitcoin\'s recent rally, falling by over 1% in the past week.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'The price of bitcoin has held above $70,000 (£55,591) in early trading on Thursday, as money flowed into spot bitcoin exchange-traded funds (ETFs).\nEvery day this week so far has witnessed net positive inflows into spot bitcoin ETFs from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN). On Monday, there were inflows of $15m, while Tuesday and Wednesday saw inflows of $418m and $243m, respectively.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nThis is a reversal from last week, which witnessed outflows from Monday to Friday. These outflows significantly contributed to bitcoin\'s price (BTC-USD) decline from its all-time high of over $73,000 on Thursday, 14 March, to a low of around $61,000 in the middle of last week.\nThe downward pressure throughout last week was l Last 60 Days of Bitcoin's Closing Prices: [42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-28 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,388,086,971,206 - Hash Rate: 630675249.3060845 - Transaction Count: 428670.0 - Unique Addresses: 696012.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lenny36', 'Kiyosaki has brought more people to silver than any of the bitcoin haters among the precious metals community', 49, '2024-03-28 00:28', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', 'On X Kiyosaki said the following\n\n" I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.\n\nIf the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year. \n\nI expect Bitcoin to be $100 k by September 2024. \n\nIf you are not into Bitcoin I suggest buying silver coins, preferably US silver eagles. My friend Andy Schectman states the once abundant supply of silver is nearly gone. He has a standing order for $1 million in “junk” silver (pre-64 US silver coins) and can it find pre 1964 silver coins to fill the order. "\n\nI reposted the links to a few people and O got replies like "kiyosaki is reaponsible for the bitcon" and "kiyosaki spews verbal diareah". \n\nFar out guys, in my view Kiyosaki is the most genuine person in the movement, he is an old guy and believes in helping people. Plus he is the number one seller of a financial book of all time.. if your reason for not liking him is because he promotes bitcoin then you are not just jealous you have extreme envy. Still some of you dont get it. Deep down im sure you feel it that bitcoin is 100% here to stay.\n\nMy favourite investment has always been silver. I even sold my cryptos including my theta for a silver miner before the recently bitcoin price doubling. Im the one who should be jealous but im happy for the bitcoiners. Ive been on reddit wallstreet silver and now silverdegen club for a few years and Ive said the same message over again, be smart like kiyosaki and bix weir and hold both silver and bitcoin. Dont be the dumb ignorant peter schiff type person who so retardedy opens his own mouth every day to embarass himself.\n\nFollow me on X (end_share) and also follow @wverily we are both working hard to promote our favourite australian silver developer Maronan Metals. I\'ve switched from the last three years where ive only promoted physical silver and I even labelled people who promoted silver miners as grifters but now Ive realised that its not retail buying the most silver, its industrial silver use which is crushing it. So now im 100% focused on what I think is one of the worlds best value silver developer. Hope its the fourth turning and not the great taking! \n\n', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', '1bpgidw', [['u/SnooApples2350', 13, '2024-03-28 00:33', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/kwvlr8l/', 'I read his book and D.T. book "why we want you to be rich." Good books. Still broke. ™️', '1bpgidw']]], ['u/Kindly-Survey4107', "People who don't take Shib seriously are like the guy who sold 10,000 BTC for pizzas!", 123, '2024-03-28 00:46', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', 'That was 3.8 Billions for Pizzas.\n\n[https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395](https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395)', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', '1bpgyo2', [['u/nedryerson77', 19, '2024-03-28 00:58', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvptjb/', 'Literally why I hold. I admit, I know nothing about crypto and investment, but I refuse to sell and lose out on a great possibility.', '1bpgyo2'], ['u/LongjumpingLow6695', 25, '2024-03-28 01:25', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvu87v/', 'We all know the pizza guy story but what happened to the delivery driver ? Whwre did he spend the btc', '1bpgyo2'], ['u/DEADHOTTUB', 10, '2024-03-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvwvnj/', 'I think the pizza guy still had some Bitcoin', '1bpgyo2'], ['u/Royal-Atmosphere-365', 16, '2024-03-28 02:37', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww5iic/', "Right I'd rather hear that story. Cause I'd think that pizza guy spent that \\`10,000 BTC . on Chinese takeout.", '1bpgyo2'], ['u/olezipcoon', 34, '2024-03-28 02:50', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww7khh/', 'The pizza guy did everyone a service. He used Bitcoin to pay for a product and was the first to do so. \n\nSomeone had to do it. He is the Chosen One.\n\nHe should never be shit on.', '1bpgyo2'], ['u/corporatehooligan', 10, '2024-03-28 06:56', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwx19vr/', 'He didn’t get BTC as a tip. The dude sent someone BTC in exchange for the pizzas. The dude who received the BTC ordered him the pizza with a credit card.', '1bpgyo2']]], ['u/Acceptable-Ad-837', 'Any answers to what happened?', 63, '2024-03-28 01:03', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', 'Do I need to change all my passwords? Do I need to cancel my credit cards? Lightning strike corporate? Was it a cyber attack or did Paul in IT try to be slick and turn the Panera servers into his own bitcoin mining operation?\n\nI hope that this is in some real capacity, acknowledged (if it hasn’t already) if not for us customers sake, my god at least tell the employees what the heck happened so they can be assured that it’s not going to happen again. It seems so… weird. I won’t say shady but something in that direction at least.', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', '1bphcng', [['u/charizard_72', 42, '2024-03-28 01:07', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrbui/', 'They’ll never admit if they’re hacked bc it makes them look bad and could lose customers who don’t feel it’s secure\n\nBut I suspect it’s something along those lines', '1bphcng'], ['u/Acceptable-Ad-837', 29, '2024-03-28 01:10', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrqy5/', 'I think there’s a certain element of them having to tell people if they were hacked, should information actually been compromised? Obviously any big corporation having to do something vs actually doing it is, well… you know…', '1bphcng'], ['u/Apathicary', 10, '2024-03-28 01:11', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvry10/', 'Jared got fired and he’s not taking it well.', '1bphcng'], ['u/Loan-Pickle', 67, '2024-03-28 01:15', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvslw5/', 'Yes I wish they would say.\n\nI’ve been in IT for 20 years and it takes something pretty catastrophic to lead to a 4 day outage. I can only speculate, but seeing as how they are saying nothing my money is on cyberattack and they don’t want people to know. I would recommend keeping an eye on your card you have on file just in case.', '1bphcng'], ['u/Apathicary', 11, '2024-03-28 01:18', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvt09a/', 'No but if subway needs a tech guy, our old one looking for a job.', '1bphcng'], ['u/Acceptable-Ad-837', 32, '2024-03-28 01:22', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvtmww/', 'The fact that it wasn’t the app, or the user profiles, or the point of sale systems individually… it was the fact that all of those, more, and the employees freaking schedules and logins being down all at the same time that truly makes it a catastrophic event and almost assuredly a cyber attack. Those systems should not all be affected by any singular IT mishap.', '1bphcng'], ['u/Alternative-Cost8481', 12, '2024-03-28 01:38', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvwc1e/', 'I just got a random $2.16 charge on my card on file on Panera and it popped up on my Apple Pay which is weird because you only get notifications if your card is used from that. I’m trying to contact Panera care now because this is not happening before the four day outage.', '1bphcng'], ['u/catonsteroids', 18, '2024-03-28 02:12', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kww1pot/', 'Could be the sips club monthly charge if you have it. I looked at my account and I’m supposed to be charged $2.17 next month.', '1bphcng']]], ['u/SimplyShred', 'It surely feels most retail here are overly optimistic and late buyers this cycle ', 23, '2024-03-28 01:28', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', 'This sub seems overly optimistic at the wrong time. “Be fearful when everyone is greedy.”\n\nFor context I was buying MSTR as low as $160-250 and have began to DCA out. I am a bitcoin bull but I am objective and now cautious. I have seen many cycles since 2013 and I know that when late stage retail enters with price predictions, memes, screen shots it’s time to DCA out. Before anyone comes to flame me, how many honestly were buying bitcoin at 16-22k and MSTR at $160-250 and throughout. \n\nI began positioning myself for the summer correction that is likely to come post halving. For starters we haven’t even tested the 200W moving average in the low 40ks and the longer we go the faster we fall. On the contrary the market can stay irrational for a short time longer; BTC dominance can rise to 55-60% and get to to low 80k’s. \n\nWhen does bitcoin top out ? Who knows but certainly this is becoming a short term bull trap. My thesis that bitcoin will reach 100k is not this year but later next year (2025,2026) when after 12-18 months of QE. Liquidity drives markets and data shows that retail isn’t fully back. We are still in a QT bull run, and although it has been impressive it’s now time to be cautious. The macro looks bad and when the fed has to lower interest rates it’s a bearish signal to front run a broken economy. \n\nSometimes inaction is action. For those new here be careful. Long term I am a bitcoin bull, but it’s important to be pragmatic and prepared for both scenarios. Right now my senses are tingling. \n\nTLDR; I have began to DCA out and will do so up to 85k BTC. My thesis is we have a bull trap with a major summer correction that forces this retail trap to sell to the whales. Retail FOMO gets burned once again by those who capitulated when retail was too scared to ', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', '1bphxfb', [['u/Stock_Ad5390', 14, '2024-03-28 01:32', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvv9c1/', 'do you boo boo', '1bphxfb'], ['u/Conscious_Barnacle55', 12, '2024-03-28 01:40', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvwkca/', 'As long as there are people like you saying this we haven’t reached the top. Let me know when you change your mind and I’ll sell!', '1bphxfb'], ['u/Trader0721', 12, '2024-03-28 01:49', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvxzmt/', 'Trade your book…you might be right…you might be wrong…spreading fud to make yourself feel better of missing out on some the run-up stinks of sour grapes…it’s okay to take profit…I have as well…I’ve probably missed out on 100k of gains…I’m perfectly fine with folks being more right than me than trying to spark a sell off so I can buy back in…you do you though', '1bphxfb'], ['u/Brilliant-Job-47', 10, '2024-03-28 04:14', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwwjnck/', 'You sound more like someone trying to convince others to sell because you have puts. If you had a big profit you would want more profit dingbat', '1bphxfb']]], ['u/aidan2897', 'Is Microstrategy the only company that will be able to acquire 1% of all the Bitcoin? What’s stopping Amazon?', 124, '2024-03-28 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/', 'Bitcoiners act like no other company could do what microstrategy did and acquire 1% of the bitcoin supply without the price running away to the upside, as if blackrock didn’t just do that exact thing over the past three months and the price only went up like $30k 🥱', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/', '1bphyxo', [['u/soks86', 185, '2024-03-28 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvxxeu/', "Blackrock isn't buying BTC. Their clients buy BTC.\n\nMicrostrategy is actually owning BTC.\n\nAmazon could, that would be nice for BTC, haha.", '1bphyxo'], ['u/aidan2897', 17, '2024-03-28 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvyod1/', 'Agreed!', '1bphyxo'], ['u/ResponsibilitySea327', 38, '2024-03-28 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvzcf7/', 'In terms of a large sum like 1%, the main thing stopping them is their investors.\n\nInvestors are buying into Amazon\'s business models (eCommerce, hosting, streaming, etc) and not buying into "the next big thing". \n\nHaving a small portion on their portfolio wouldn\'t be an issue (and awesome for BTC), but anything material would change the function of the company.\n\nMSTR as a company is riding the success of BTC as their core business model. Should their software business fail, disappear or be minimized, they will be fine as long as BTC continues to rise.', '1bphyxo'], ['u/Social_Errorist77', 12, '2024-03-28 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww32vk/', "Amazon rumours announcing that they would accept bitcoin payments that turned out to be fake not a week later literally kickstarted the secondhalf of a synthetic bullrun.\n\nNo company will catch up to MSTR because if one of the top 10 companies in the world announced their intention to buy bitcoin (which they are obligated to do so) Game theory would be well and truly in play.\n\nSeriously if apple released a pressie stating they wanted to buy bitcoin. Is there any doubt that bitcoin had won? What do you think happens? People haven't invested in bitcoin, because they don't think it has value. What happens when the creme de la creme state that it does?", '1bphyxo'], ['u/Quirky-Echidna9557', 13, '2024-03-28 02:26', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww3w8v/', 'They will be the only company to hold at least 1%. \n\nI am excluding the ETFs because those investment firms are not actually investing in Bitcoin. They hold the coins on behalf of investors and collect fees. \n\nA bid by another firm to acquire 1% of the supply at this stage, even if the firm like Amazon or Berkshire initially had the cash, would send the price to a level that would prevent them from being able to acquire 1%. There simply isn’t enough supply and it’s an inelastic supply.', '1bphyxo'], ['u/XXsforEyes', 18, '2024-03-28 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4o07/', 'I’ll keep posting this: The Financial Accounting Standards Board has changed the rules for holding BTC on corporate balance sheets to “Fair Value”. Previously, financial records could only report losses from holding BTC, with gains they could only report what they paid for their bitcoin not their unrealized gains. Now… they can. This is big!', '1bphyxo'], ['u/Glad-Historian-5515', 61, '2024-03-28 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4ryy/', 'Technically, Blackrock is buying BTC, and its clients are buying paper Bitcoin.', '1bphyxo'], ['u/superTwist', 64, '2024-03-28 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4wd3/', 'Perhaps GME will throw their $1B into BTC', '1bphyxo'], ['u/surfh2o', 13, '2024-03-28 02:41', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww6581/', 'I actually don’t want all the big guys to buy it up. This one’s for the people.', '1bphyxo'], ['u/satoshisfeverdream', 20, '2024-03-28 03:01', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww96ly/', 'That might be the only thing to make them viable long term…the ultimate zombie corporation.', '1bphyxo'], ['u/applewait', 11, '2024-03-28 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwfv5d/', 'You’d think it would be that easy, but I don’t think so. \n\nMicrostrategy has one major shareholder and he has significant influence on the direction of the board and company. The other shareholders know what they are getting into. \n\nAmazon has significant breadth of shareholders who would be more than happy to sue Amazon for some fiduciary failure or breach of trust for buying BTC making it not worth it… bezos and others are better off investing personally.', '1bphyxo'], ['u/LucidiK', 47, '2024-03-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwhk3r/', "And Technically, you don't own your house either. You rely on the same legal system to protect your home that blackrock customers protect their bitcoin with. Your paper deed is valuable, just like their paper bitcoin is.", '1bphyxo'], ['u/celticthaiger', 15, '2024-03-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwhlgq/', 'Hi Ken 👋', '1bphyxo'], ['u/seraph321', 10, '2024-03-28 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwitd2/', 'And Saylor has been clear about how their software business is basically doomed to slowly die. investing their cash into growing the business didn’t make sense, so they are essentially reinventing themselves as a bitcoin proxy.\xa0', '1bphyxo'], ['u/LucidiK', 21, '2024-03-28 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwm6j8/', 'Can you redeem oil ETFs for barrels of oil? I thought ETFs facilitated market function, and physical settlement happened outside of stock markets.', '1bphyxo']]], ['u/Express-End-1575', 'Scared to miss the top', 40, '2024-03-28 01:57', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/', 'For those scared to lock your cro up for the 20% because you’re worried you might miss the top I challenge you to go read the btc charts . The top has been NO LESS than 526 days POST HALVING ! Go look yourself ! ', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/', '1bpik9w', [['u/Busy-Ad-9059', 25, '2024-03-28 02:24', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kww3gdl/', 'Idc if I miss the top the way crypto.com is heading ill have it as a long term bag. Bnb had there issues and now kucoin just imagine they both of them come across more issues and they are forced to shutdown. The top main exchanges in the USA would be coinbase and crypto.com. from what is seems the way crypto.com is moving they will be a top exchange for sure', '1bpik9w'], ['u/michaelinimoto', 14, '2024-03-28 02:49', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kww7d9w/', 'this x100000. Also Cdc is #10 on reddit but on #35 on cmc... lots of room to grow up aka its undervalued.', '1bpik9w'], ['u/robsterlobster69', 11, '2024-03-28 06:34', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kwwzbv1/', 'Supply can’t be increased. Max supply is around 30 billion', '1bpik9w']]], ['u/ReedoIncognito', 'Nobody ever went broke taking profits', 241, '2024-03-28 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/', 'Bullshit. Bitcoin\'s history is littered with the bodies of former users/holders that sold too early, used BTC for short-term gains, or other regrettable ends. I keep hearing more and more from "influencers" about the dangers of "holding the bag" when the music stops and the importance of taking profits. FTS. If you think I\'m letting go of my bag for the sake of trying to avoid "round-tripping" a cycle, you are sorely mistaken. I\'ll round-trip these cycles til death if needed against the chance of being left behind. It\'s patience vs a lifetime of regret, and the choice of those 2 risks is a no-brainer. ', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/', '1bpl7jq', [['u/Dettol-tasting-menu', 235, '2024-03-28 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwii2f/', 'Not broke, but dead inside.', '1bpl7jq'], ['u/ucantbm', 10, '2024-03-28 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwl07o/', 'The holder never losses.', '1bpl7jq'], ['u/alvoliooo', 88, '2024-03-28 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwlno0/', 'What good is it if you never sell? Genuine question.\n\nI understand the consensus is at some point we’ll be able to use BTC as collateral and borrow against it.', '1bpl7jq'], ['u/FumandoLaMotta', 23, '2024-03-28 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwmiw8/', 'I think there is a balance to have.\n\nIm 100% with you OP, never selling my bag. But I am not against taking profit out of 20% of it, to DCA back in during the market downtrend post pump', '1bpl7jq'], ['u/ReedoIncognito', 10, '2024-03-28 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwnf6x/', "If you can pull it off, I'll be cheering for ya 🤘", '1bpl7jq'], ['u/uclatommy', 12, '2024-03-28 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwnwsn/', "I've only ever gotten richer from BTC by never taking profits so far.", '1bpl7jq'], ['u/ReedoIncognito', 10, '2024-03-28 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwo16h/', "Holding ain't easy", '1bpl7jq'], ['u/luisg101010', 20, '2024-03-28 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwog5n/', 'I see what you did there 🤣, poor guy….', '1bpl7jq'], ['u/XXsforEyes', 16, '2024-03-28 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwojiq/', 'Talked to my tech guy at work yesterday. He had 1,000 BTC, piddled them away paying people in France to do some code work for him that he was too lazy to do himself. “Haunts me everyday” he says.', '1bpl7jq'], ['u/condor1985', 128, '2024-03-28 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwr8ds/', "This sub has started sounding quasi-religious with posts like this. There's nothing wrong with selling as much as you want. \n\nI don't know why people are so obsessed with what other people do with their crypto. They can hold forever, good for them, what's it to me? Why do they care if someone else doesn't?", '1bpl7jq'], ['u/Zombie4141', 46, '2024-03-28 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwt49v/', 'So…. You have $47 million in bitcoin and live in a tiny 2 bedroom apartment with your wife and 3 kids. Your salary doesn’t cover birthday or Christmas presents. HODL forever is the answer?', '1bpl7jq'], ['u/Flat4Power4Life', 15, '2024-03-28 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwu39o/', 'RSI’s and cycle lengths make taking profits pretty easy. Nov-Dec every 4 years since BTC’s inception has seen its peaks, selling a bit during those times is a no brainer. I have more BTC because of selling because I was able to buy more with the profits during downturns.', '1bpl7jq'], ['u/Frontbovie', 11, '2024-03-28 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwvxcc/', '"They\'ll repost that article forever, Laura"', '1bpl7jq'], ['u/alvoliooo', 16, '2024-03-28 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwxnfr/', 'Yes but why? What’s the point of buy, borrow, die, as you say? What improvements is it making to your life? \n\nHelp me understand your perspective on this.', '1bpl7jq'], ['u/RemarkableSpace444', 16, '2024-03-28 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwxz18/', 'lol this is ridiculous', '1bpl7jq'], ['u/FumandoLaMotta', 12, '2024-03-28 06:52', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx0xna/', 'Depends where you live? \n\nNot everyone has an overreaching government', '1bpl7jq'], ['u/ABahRunt', 27, '2024-03-28 06:54', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx15o4/', "Yeah. It's fine to sample the koolaid, but this is straight up injecting it into the veins. \n\nThe only point of any investing, is to make your quality of life better. If your investment is forcing you to borrow and live on beans, you are a bad investor, full stop. \n\nI have my fun money in BTC. Even if it ever goes to zero, my quality of life doesn't change. If it doubles, imma sell a bit and treat myself to a 5 star vacation.", '1bpl7jq'], ['u/alvoliooo', 15, '2024-03-28 06:56', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx1bpo/', 'Yeah mate this is my perspective too. If BTC happens to 5-10x from here this bull run, you best believe I’m cashing out and drastically improving my quality of life. No brainer.', '1bpl7jq'], ['u/Sinandomeng', 27, '2024-03-28 08:58', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxba40/', 'After the last bullrun I realized this is a lose-lose situation emotionally.\n\n\nYou buy, price goes down, you sell. Lose money. You’re sad\n\n\nYou buy, price goes up, you sell. Make money. But price goes up again. You’re sad.', '1bpl7jq'], ['u/CryptoDeepDive', 50, '2024-03-28 10:28', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxiafo/', '>This sub has started sounding quasi-religious with posts like this.\n\nYou must be new here...', '1bpl7jq'], ['u/Nice_Category', 26, '2024-03-28 10:54', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxkgn8/', "I don't even feel emotions anymore.", '1bpl7jq'], ['u/AlanArtemisa', 24, '2024-03-28 11:30', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxnpdu/', 'Every fucking time the price goes up...', '1bpl7jq'], ['u/TopCody', 21, '2024-03-28 11:45', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxp5js/', 'If you have $47 million in bitcoin you are allowed to take profits, but not before', '1bpl7jq'], ['u/fireballx777', 14, '2024-03-28 13:27', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwy0n4m/', '$46.5 million? Absolutely not, fuck right off.', '1bpl7jq'], ['u/bobbyheaters', 12, '2024-03-28 21:36', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kx0dcwj/', 'It has the opposite effect if you never plan on selling and just continue to DCA. Price goes up, great. Price goes down, also great.', '1bpl7jq']]], ['u/CleanHippy_07', 'Is "x amount" of BTC actually worth it? To answer this, think about the future block rewards.', 56, '2024-03-28 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/', 'Even I have asked myself from time to time - "I only have X BTC, is it worth it?". We all especially can get caught up in this nonsense by thinking about not owning a "full" coin. But too often than not, we forget there will come a time where the reward for successfully mining a new block will also be less than a full coin.\n\nThink about it. The current reward for mining a block is 6.25 BTC, soon to be 3.125 BTC. This number will again decrease to 1.5625 BTC in 2028, then again to 0.78125 BTC in 2032, so on and so forth this pattern continues. This simple fact cannot be overstated - the reward for mining a block in BTC will soon be less than a whole coin. There will come a time in our future when the thought of owning 0.1 BTC or even 0.01 BTC will be unheard of, let alone someone owning a whole coin.\n\nI see the question like "I only have 0.2 BTC, is it worth it?". No one can answer this question for you, but think about what I just stated above. The current timeline says that at some point in 2042 the reward for mining a block will be something like 0.1953125 BTC. So if you are holding 0.2 BTC today and you decided to stop stacking here and now, in 20 years that 0.2 BTC will be *more* than the reward for mining a block. But I imagine many of us are not going to stop stacking. Which means we will keep accumulating, and the point at which our stack is greater than the current block reward will come even sooner.\n\nPeople who will buy their first satoshi in 20 years (assuming it\'s the first time they have heard of BTC) will not be able to comprehend those of us who were able to stack even 0.01 BTC. So I imagine there will be future questions on this sub like "Is 0.001 even worth it in 2040?". In my opinion, the answer will always be yes. It\'s a cycle.\n\nTo say we are early is an understatement.', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/', '1bpl8gz', [['u/civilian411', 22, '2024-03-28 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/kwwkdts/', 'This is the thought porn I was looking for.', '1bpl8gz'], ['u/RecoveringHethan', 10, '2024-03-28 05:34', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/kwwt8i8/', 'I have a fair understanding of BTC and the blockchain. Once I garnered enough knowledge, something deep in me, intuitively feels this time we are in is unique and a one time opportunity to potentially have generational wealth. We have all had strong intuitions, but this feels even stronger for me. Anytime I didn’t follow my gut feeling, I had strong regrets. Not this time. Luckily my average price is around 35k USD.', '1bpl8gz']]], ['u/arumi_kai', 'UPDATE: Kilby has forcibly removed EVERY SINGLE ML.', 376, '2024-03-28 04:16', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/', 'Kilby has removed ALL MLs, even those who have said they were staying. No more ML forum access, no more site access, no more discord links -- everything has been revoked.\n\nThe new ML agreement leaked and it\'s even worse than the first one. AFAIK, only MLs who agree to sign it will be given back their site access.\n\nMake no mistake - this is a clear intimidation tactic. "Fall in line, or else." It\'s also meant to keep MLs from organizing/communicating via the ML forum.\n\nI\'ll be shocked if even 10% of the MLs subject themselves to this nightmare. To everyone affected - I\'m so, so sorry, You deserved to be treated so much better. This organization has failed you at every single juncture.\n\n(For the curious, here\'s the new leaked ML agreement: [https://drive.google.com/file/d/1NQ6hMEpFfhrBTCcxV\\_8tgRChBX8Zxsco/view](https://drive.google.com/file/d/1NQ6hMEpFfhrBTCcxV_8tgRChBX8Zxsco/view) )', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/', '1bplgfe', [['u/rhymeswithpi', 85, '2024-03-28 04:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwkpsv/', 'It\'s a classic manipulation tactic. Isolate those new users coming into regional spaces, ensure there\'s no links to off-site communication channels, and feed them the narrative HQ wants them to believe. You know, the one that says all the chaos and fire has been because of a few malcontents and "purity culture" moms, and HQ is totally faultless and definitely did their due diligence up to this point, instead of allowing child predators to run rampant on their watch.\n\nCredit where it\'s due, Kilby is excellent at running a dictatorship.', '1bplgfe'], ['u/quiet_frequency', 51, '2024-03-28 04:25', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwl1j3/', "> Credit where it's due, Kilby is excellent at running a dictatorship.\n\nYou'll put the whimsy back into Nano or you'll get the ban(s) again!", '1bplgfe'], ['u/rhymeswithpi', 43, '2024-03-28 04:27', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwldlt/', 'The bans will continue until morale improves!', '1bplgfe'], ['u/Nerva365', 95, '2024-03-28 04:30', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwlqla/', "Was legit about to share the agreement because they somehow sent it to me despite my resigning.... I knew I got booted from the forums, but I didn't realise everyone had. I did notice that they gave this with a signing window until April 1st, so only a few days right before a major holiday so that no one could review it with a lawyer. 10/10 to Nano!", '1bplgfe'], ['u/TheUnluckyBard', 39, '2024-03-28 04:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwlzuq/', '> You\'ll put the whimsy back into Nano or you\'ll get the ban(s) again!\n\nDon\'t forget that "I agree to have fun" was literally in the draft ML contract.', '1bplgfe'], ['u/JokeMe-Daddy', 45, '2024-03-28 04:33', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwm2xz/', "I don't really understand what the ramifications is of not abiding by this contract aside from losing your ML status. \n\nKilby is acting like transparency will lead to the end of days.", '1bplgfe'], ['u/arumi_kai', 47, '2024-03-28 04:35', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwmclz/', "Not only did they double-down on the confidentiality clause (you can't even share info with other MLs without our permission!) they... ADDED to it.\n\nA lack of transparency and accountability is one of the things that led us to this mess. And now they're just... trying to make it worse.\n\nInstead of remediation/community repair, they're trying to make it HARDER for anyone to report their wrongdoings ever again.", '1bplgfe'], ['u/rhymeswithpi', 36, '2024-03-28 04:41', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwn1c8/', "But it's okay, because they clarified outside the contract that you're totally allowed to talk to MLs.\n\nWhy can't the contract just state that? Oh, right, because Kilby has no idea what she's doing. I briefly thought I was in a world that made sense.", '1bplgfe'], ['u/enjoyourapocalypse', 46, '2024-03-28 04:42', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwn8gj/', 'I dont know who this Kilby person is, but i do not like them nor their organization anymore, no i do not like them sam i am', '1bplgfe'], ['u/sushimustwrite', 45, '2024-03-28 04:51', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwo9yh/', "The email sent with this agreement is even worse. Kilby effectively said she won't be taking more questions until after training because she already answered everything. Lol, lmao even.\n\nHeaven help any new MLs this year... if there are any.", '1bplgfe'], ['u/just_a_random_nerd7', 64, '2024-03-28 04:55', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwosrd/', 'How did you get this? I am an ML and I have not gotten a single email during this entire mess, I learned about it from the forums and here on Reddit. It’s so frustrating to learn about something I’m expected to sign without it even getting sent to me.', '1bplgfe'], ['u/arumi_kai', 59, '2024-03-28 05:12', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwqr22/', 'Because of the issues with NaNoWriMo (and them constantly trying to hide information), basically everything they do now is leaked on backchannels. \n\nWe even have leaked DMs of active staff calling the people raising concerns about child endangerment on their forums "purity culture enthusiasts"', '1bplgfe'], ['u/WileyStyleKyle', 29, '2024-03-28 05:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwrymq/', "The last holdouts in one of my neighboring regions have stepped down as of this week. With that, I don't know of any active MLs for literally HUNDREDS of miles away.\n\nI never thought things would get this bad, but... here we are.", '1bplgfe'], ['u/arumi_kai', 36, '2024-03-28 05:36', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwteqs/', "Yeah, I'm sure dropping a shady contract with only 2 business days to review it \\*or else\\* is just a misunderstanding.", '1bplgfe'], ['u/RavenCorbie', 40, '2024-03-28 05:36', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtgh7/', 'I never got any of the emails either. I was lucky to have been in a discord server where information was shared. This is just one more problem with the whole situation. :(', '1bplgfe'], ['u/rhymeswithpi', 26, '2024-03-28 05:37', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtjpy/', 'You\'re right! It could also be staggering incompetence! But honestly, we\'ve long since passed the point where HQ\'s actions (and yours, I might add) can be written off as honest mistakes and waved away with "I\'m sorry, I didn\'t know what I was doing".', '1bplgfe'], ['u/Nerva365', 31, '2024-03-28 05:38', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtn1u/', 'One business day in countries where either Friday or Monday is a holiday', '1bplgfe'], ['u/Shmeestar', 30, '2024-03-28 05:42', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwu4p4/', "0 business days in Aus where both are business days and it's 3:40pm on Thursday afternoon.", '1bplgfe'], ['u/unconfirmedpanda', 35, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwuhtp/', 'How the hell did Kilby end up in charge? This is a train wreck', '1bplgfe'], ['u/arumi_kai', 46, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwuhuo/', "I'll be really shocked if anyone decides to return after this, tbh. It's just been failure after failure. MLs have already cultivated communities, at this point it's better to operate outside the NaNo umbrella.", '1bplgfe'], ['u/Usoki', 47, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwujbd/', "I'm not completely convinced that it's an intimidation tactic. Mostly because it implies that Kilby has any sort of plan, rather than the more likely scenario where she's making knee-jerk decisions and doubling down on them in case someone thinks she is weak.\n\nGiven how selfish Kilby is, I think she's just doing what is most convenient to her. And it will be easier for her to remove literally everyone, and then slowly add on each individual ML when they sign the contract and clear the background check. It also means that most/all of the regions will have zero MLs at a time when Camp Nano is ~4 days away, but she doesn't care about that. She has no idea how the community works. \n\nThey didn't just remove the MLs, they removed all of the community URLs and Header images. Anyone joining Camp as a new user will have no way to find their offsite local communities. Any ML who didn't make events well in advance will be unable to put anything on the calendar. No one will be able to send regional emails. Hell, she still seems to think that NaNoMessages are viable, so she's clearly never been on the site to see how buggy they are, even if you are buddies with the person you want to message.\n\nIt's impressive just how many bad decisions that she has made in a row.", '1bplgfe'], ['u/quiet_frequency', 50, '2024-03-28 05:52', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwv5pz/', "> at this point it's better to operate outside the NaNo umbrella.\n\nAt this point, standing under the Nano umbrella just means you're going to get pissed on and told it's raining.", '1bplgfe'], ['u/quiet_frequency', 20, '2024-03-28 05:53', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwva04/', "> The email sent with this agreement is even worse. Kilby effectively said she won't be taking more questions until after training because she already answered everything. Lol, lmao even.\n\nBecause new situations can never arise and need further clarification, or anything. 20+ Zendesk answers are clearly all you ever need 🙄", '1bplgfe'], ['u/quiet_frequency', 44, '2024-03-28 05:55', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwvgbt/', "> It also means that most/all of the regions will have zero MLs at a time when Camp Nano is ~4 days away, but she doesn't care about that. She has no idea how the community works.\n\nAnd it's the long Easter weekend, so there's a high chance a lot of people are... you know, busy with their families and stuff over the Easter break, not checking their emails for communications from Nano. It's almost like these sorts of things should've been sorted out months ago by someone with an ounce of competence.\n\nNot that anyone at Nano seems to have any competency in the first place 🙄", '1bplgfe'], ['u/rhymeswithpi', 28, '2024-03-28 05:59', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwvudb/', "Gods forbid the clarifications of a contract are included in, oh, I don't know, the actual contract, right?", '1bplgfe'], ['u/rhymeswithpi', 19, '2024-03-28 06:05', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwg8t/', 'Blindly following orders makes you just as complicit in all of this.\n\nYou could\'ve spoken up, and you didn\'t. If I hadn\'t already lost any respect I may have had for you back when I was a mod, this post would\'ve done it.\n\nAnd now you\'re out here, still shilling for the "HQ is harmless" rhetoric you bought into so heavily.\n\nI almost pity you.', '1bplgfe'], ['u/quiet_frequency', 23, '2024-03-28 06:06', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwkod/', "> Things seemed to be running fine, so I assumed HQ had it handled.\n\nBuddy what fuckin' forums were you on, cause they sure as hell weren't the same ones as the rest of us.", '1bplgfe'], ['u/Banaanisade', 22, '2024-03-28 06:09', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwvsi/', 'Ah, but you see, "volunteer" is just kilbyspeak for "I own you".', '1bplgfe'], ['u/trayola', 22, '2024-03-28 06:13', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwxb8k/', 'But then it’ll be too long for people to understand /sarcasm\n\n(Yes this was an actual point made by Kilby in the Zoom q&a)', '1bplgfe'], ['u/Bubbly_Amoeba_4', 90, '2024-03-28 06:51', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx0ud2/', "I really want to downvote this cause it makes me mad but that wouldn't be fair to you so here's a begrudging upvote.", '1bplgfe'], ['u/reporterinabox', 22, '2024-03-28 07:02', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx1ujd/', 'My new region didn’t have an ML and I thought about applying since it’ll be my 13th year and my seventh region in those years…and eeeeesh I think I’ll sit this one out, thanks.', '1bplgfe'], ['u/quiet_frequency', 17, '2024-03-28 07:12', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx2ouo/', 'Calling what has happened with Nano "drama" is reductive and demeaning.', '1bplgfe'], ['u/franklyobsolete', 19, '2024-03-28 07:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx3lwb/', 'I was about to say the same thing.', '1bplgfe'], ['u/rhymeswithpi', 11, '2024-03-28 07:31', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4a0y/', 'Illusions of grandeur much?\n\nFor someone who uses so many words, you sure as hell don\'t say much, do you?\n\nYou\'ve actively harmed the community through your repeated (and self-admitted) inaction. You took part in HQ\'s "deprive the conversation of oxygen" tactics. You did not speak out in any public way about the way HQ was handling things, and you did not bother to take any steps to prevent future harm. You didn\'t stand up for the community you claim to be a part of at any point during any of this.\n\nPity\'s too good for you.', '1bplgfe'], ['u/Worddroppings', 33, '2024-03-28 07:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4dx8/', "I don't really understand the point of a lot of the agreement because I don't know what's different.... But damn, I kept scrolling through this Google doc thinking damn, they realize volunteers probably have day jobs, right?\n\nI feel like many people faced with this agreement might just find themselves walking.", '1bplgfe'], ['u/quiet_frequency', 13, '2024-03-28 07:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4fkc/', "He doesn't even GO here!", '1bplgfe'], ['u/MyronBlayze', 20, '2024-03-28 07:33', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4gzt/', "Ah, that makes me feel better that it wasn't just me missing that first email that may have removed me! I went to do something a couple hours ago and my wrimos noticed I was missing.", '1bplgfe'], ['u/MyronBlayze', 18, '2024-03-28 07:34', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4ja7/', "I should clarify - I was still on the fence about MLing this year with everything going on. Now I'm glad to know what in the world caused me to be removed.", '1bplgfe'], ['u/Shiiang', 12, '2024-03-28 07:39', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx507c/', "Why didn't you speak your mind? Why did you allow them to silence you?", '1bplgfe'], ['u/Devendrau', 20, '2024-03-28 07:58', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx6l7z/', "She doesn't care about anything outside of America, otherwise she would have listened to people from rural areas (Like some Aussie or Asian states) saying there was so little NaNo going on (And that's not even including the fact a lot of real life Nano groups can turn quite toxic) which is why the forums's important.", '1bplgfe'], ['u/ias_87', 47, '2024-03-28 08:01', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx6rlv/', 'Will someone please tell this person that "translation software" is not a reliable way of ensuring that you understand a text written in a different language? I have seen google translations leave out the word "not" several times, completely changing the meaning of the sentence.', '1bplgfe'], ['u/Pulsecode9', 24, '2024-03-28 08:07', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx7aak/', 'I’ll be honest I had no idea any of this was even a thing. Nano for me has been a few friends cheering each other on and trying to write a thing, I’ve never even heard of municipal liaison befo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On Thursday, a federal judge sentenced formerFTX CEO Sam Bankman-Fried to 25 years in prisonafter he was found guilty on seven charges of wire fraud and money-laundering.\nThe scam he pulled was fairly simple: He and his partners created an exchange, FTX, that took customer deposits to invest in and trade cryptocurrencies. Some of those deposits were secretly funneled to his other company, hedge fund Alameda Research, which he\'d originally created to arbitrage differences among crypto prices in various countries. According to the government\'s case, which it won, Alameda used that money forvarious things it shouldn\'t have,like investing in other crypto startups, buying some very nice real estate, supporting political campaigns and — most important for purposes of the scam — propping up FTX\'s proprietary crypto token, FTT.\nA few document leaks andsome clever work by journalists at Coindesk, combined with a well-timed tweet by Changpeng "CZ" Zhao, who ran rival crypto exchange Binance, caused a run on FTX. The scheme unraveled in a matter of days, wiping out billions in customer money (although, apparently,they may get a fair portion of that money back). CZ himself is no longer running Binance, havingpleaded guiltyto money-laundering violations related to insufficient controls.\nThe sentencing brings to an end the most recent era of crypto, which was characterized by greater-fool get-rich-quick schemes on the way up — investors were lured in with promises of impossibly high returns on everything from digitally watermarked images to simple interest payments on the token of the week — andfraud investigations and indictmentson the way down.\nSam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture\nCrypto optimists like Andreessen-Horowitz\'s Chris Dixon suggest thatwe\'re now entering a more sober phase of crypto, where software developers will finally build useful applications on one of the many blockchains that have emerged since the original blockchain — the one underlying bitcoin —was first proposedby the pseudonymous Satoshi Nakamoto and distributed on Halloween 2008.\nThe problem with this point of view is that developers have been building a wide variety of applications on top of Ethereum and Solana and other Layer-1 blockchains for years now, and the only economically viable purpose any of them have served is speculation. Yes, it\'s possible to create a digitally authenticated piece of art, but the value of that art isn\'t in the aesthetic pleasure it brings, but rather in the possibility that somebody else will buy it for more money later.\nNearly everything else that\'s being built on or enabled by blockchains replaces something that\'s already being done fairly well. Self-executing smart contracts replace — you know, regular contracts. Which aren\'t perfect, but aren\'t so ridiculously inefficient that they grind the economy to a halt. Decentralized autonomous organizations, or DAOs, where decision-making is shared equally among all participants, replaces other decentralized organizational schemes characterized by hours of debate and few concrete decisions, likeholacracyorSan Francisco Board of Supervisors\' meetings. Jokes aside, where is the clear killer app for blockchains? Where\'s the runaway success story?\nForget runaway success: There hasn\'t even been a single blockchain-based startup with enough cashflow or profitability to go public. Yes, there are bitcoin mining companies likeRiot. Yes, there are companies that facilitate crypto trades likeCoinbaseandBlock(formerly Square). But there\'s no actual company that\'s developed economic value by doing something brand new or better on a blockchain.\nI\'m open to persuasion — pitch me, blockchain geniuses, with incredible value-creating startups! — but my view right now is that crypto will revert to the original function of Bitcoin as an alternative to nation-based currencies for storing and exchanging value. Its volatility may not make sense to people living in relatively stable economies, but in countries with runaway inflation, corrupt governance, civil unrest or war, the method of converting collapsing local currency to bitcoin to stablecoin to a stable national currency like the U.S. dollar will remain a reasonable and in-demand way for people with some means to preserve those means. It\'s also useful for sending remittances without having to pay outrageous fees for international money changers, and — sometimes — as a digital replacement for suitcases of cash for all kinds of underground economic activity.\nWhy bitcoin instead of one of the newer coins? Because those other coins are almost universally based on faith, trust and pixie dust; the main value they have is the value they\'re assigned by the people who hold and trade them. You can make a college sophomore bong hit argument that all money is that way, man, but in fact the U.S. dollar is backed by the massive economic and military power of the United States: actual control over actual resources that people actually want and need.\nBitcoin is similarly backed by something real and tangible: energy. Because of its proof-of-work model, the only way to make and validate new bitcoins is by consuming energy, whether it\'s burning natural gas or hooking up to a nearby nuclear plant. Energy drives the real-world economy, and unlessSam Altmanor somebody successfully unlocks fusion and delivers energy that\'s truly "too cheap to meter," it\'s going to remain a real asset with real value for some time. If demand for bitcoin were to stabilize, the price should theoretically track to the price of electricity. In fact, it wouldn\'t surprise me in the least if Satoshi had some kind of connection to the energy industry.', "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "Fewer assets recently have performed better thanBitcoin(CRYPTO: BTC). In the last five years, it's up 1,490%. Since the start of 2023, it's soared 283% (as of March 23). The digital token has continued its strong momentum through the first three months of this year.\nThis topcryptocurrencyhas cooled down a bit, sitting 13% below its new all-time high from a couple of weeks ago. Bullish investors are ready to buy the dip right now.\nBefore doing so, it's important to know these five risks facing Bitcoin. Then you'll have a solid well-rounded understanding of the asset.\nAcross the world, governments have central banks that set interest rates and control the money supply. This is what helps support their authority over their respective currencies and their finances.\nViewed in this light, it makes sense that a purely digital, borderless, decentralized monetary network such as Bitcoin would pose a potential threat to entities like theFederal Reserveand the European Central Bank. Bitcoin is a direct competitor, and it could make implementing monetary policy harder for central banks.\nConsequently, it would be a huge blow if lawmakers decided to ban Bitcoin by making it illegal to own or mine it. Demand would likely fall off a cliff.\nA lot of attention goes toEthereumand its functionality for smart contracts, along with others, likeSolanaandCardano. Each of these blockchains has unique features that might be appealing to developers and users.\nBecause this is still a novel technology, there are always major risks of updates being implemented that introduce software bugs. In this case, the network could break, undermining the system.\nBitcoin, on the other hand, has a simple software architecture. This is on purpose, as its primary use is as a store-of-value asset. However, should nodes choose to approve major upgrades, issues could occur.\nAnother well-known technical risk Bitcoin faces is the possibility ofquantum computingtaking off. These are essentially supercomputers that can handle complex problems much faster than regular computers.\nThis new technology could potentially past undermine Bitcoin's cryptographic setup, which is critical to its security. In theory, quantum computing has the power to expose all private keys, likely making Bitcoin's network worthless as token holdings could be stolen with ease.\nTo its credit, Bitcoin has never been hacked yet. And its developer community has probably already thought about this threat. Adequate security measures could be built to defend against this, as well.\nThe biggest knock on Bitcoin is that it has minimal practical use as an actual payment method for transactions. The network can only handle 3.7 transactions per second, much lower thanVisa, for example, which can process tens of thousands. One Bitcoin transaction also costs over $7 right now.\nThese figures aren't good enough to scale Bitcoin if it hopes to handle a far greater number of transactions.It's a decentralized network that prioritizes security, so speed hasn't been a focal point.\nThere are innovations, as well, such as thelightning network. However, Bitcoin's ultimate success is far from a sure thing. Perhaps it will never make it as a day-to-day payment system.\nNo one will deny Bitcoin's monster price rise over the past 15 years. The digital asset has outperformed most other investments. Its purchasing power has skyrocketed.\nBut the path has been full of gut-wrenching volatility. Even today, when Bitcoin carries a $1.3 trillion market cap, has growing financial services and tools that support it, and has largely become a mainstream asset, the price it sells for experiences meaningful ups and downs.\nThe difficulty of owning something like this might be too much of a challenge for some investors, which could cap Bitcoin's potential.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Risks Every Investor Must Know About This Magnificent Cryptowas originally published by The Motley Fool", '• Meme coins led by Solana-based dogwifhat surged, outpacing other niches such as DeFi and exchange tokens.\n• Bets on DOGE-tracked futures jumped to a record $2 billion, and some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\nMeme coins led by Solana-based dogwifhat (WIF) surged for the second day to lead as a category as the broader market remains little changed ahead of the long weekend in the U.S., Europe and parts of Asia.\nBitcoin {{BTC}} traded around $70,000 million during the Asian morning hours on Friday, showing little change in the past 24 hours. Ether {{ETH}}, Solana’s SOL and Cardano’s ADA slid 1%, while Bitcoin Cash (BCH) added 4% to continue its Thursday rally.\nThe broad-basedCoinDesk 20, an index of the largest tokens minus stablecoins, was down 0.56%.\nCoinGecko data shows that the meme coin category surged 8% on average, outpacing more serious niches such as decentralized finance, yield farms, and exchange tokens.\nMeme tokens started to run early Thursday amid speculations of DOGE being used on an upcoming payments service of social application X, although there has been no official communication from the company.\nBets on DOGE-tracked futuresjumped to a record $2 billion, indicative of expectations of future price volatility with a bias toward longs.\nDog-themed tokens such as floki (FLOKI) and WIF jumped as a beta bet to dogecoin. WIF flipped pepecoin (PEPE) to become the third-largest meme token by market capitalization, crossing the $4 mark on Thursday.\nMeanwhile, some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\n“The price rally has been exponential in Q1, and there are signs of exhaustion,” Singapore-based QCP Capital said in a Telegram broadcast Friday. “ETH risk reversals are skewed to the downside at -8%, indicating some fear. Funding and forwards remain very elevated, which means that speculators are still paying high prices to keep their leveraged longs.”\n“While we remain bullish, we are cautious about leverage,” the firm concluded.', '• Meme coins led by Solana-based dogwifhat surged, outpacing other niches such as DeFi and exchange tokens.\n• Bets on DOGE-tracked futures jumped to a record $2 billion, and some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\nMeme coins led by Solana-based dogwifhat (WIF) surged for the second day to lead as a category as the broader market remains little changed ahead of the long weekend in the U.S., Europe and parts of Asia.\nBitcoin {{BTC}} traded around $70,000 million during the Asian morning hours on Friday, showing little change in the past 24 hours. Ether {{ETH}}, Solana’s SOL and Cardano’s ADA slid 1%, while Bitcoin Cash (BCH) added 4% to continue its Thursday rally.\nThe broad-basedCoinDesk 20, an index of the largest tokens minus stablecoins, was down 0.56%.\nCoinGecko data shows that the meme coin category surged 8% on average, outpacing more serious niches such as decentralized finance, yield farms, and exchange tokens.\nMeme tokens started to run early Thursday amid speculations of DOGE being used on an upcoming payments service of social application X, although there has been no official communication from the company.\nBets on DOGE-tracked futuresjumped to a record $2 billion, indicative of expectations of future price volatility with a bias toward longs.\nDog-themed tokens such as floki (FLOKI) and WIF jumped as a beta bet to dogecoin. WIF flipped pepecoin (PEPE) to become the third-largest meme token by market capitalization, crossing the $4 mark on Thursday.\nMeanwhile, some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\n“The price rally has been exponential in Q1, and there are signs of exhaustion,” Singapore-based QCP Capital said in a Telegram broadcast Friday. “ETH risk reversals are skewed to the downside at -8%, indicating some fear. Funding and forwards remain very elevated, which means that speculators are still paying high prices to keep their leveraged longs.”\n“While we remain bullish, we are cautious about leverage,” the firm concluded.', "Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence (AI) to electric vehicles to cryptocurrency.\nArk is extremely bullish on the world's largest cryptocurrency,Bitcoin(CRYPTO: BTC). The firm's official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a potential upside of more than 5,300%.\nBitcoin is trading near an all-time high right now and investors are as enthusiastic about its prospects as ever, but is Wood's forecast realistic?\nBitcoinis often discussed as a replacement for traditional money. It isn't governed by any person or institution, and the blockchain upon which it is built is an accurate and transparent system of record. But its price is incredibly volatile; Bitcoin lost 65% of its value in 2022 and it has since gained about 325% from its low point that year. As a result, it's too unpredictable to become a means of exchange for most consumers and businesses.\nMany investors instead consider Bitcoin a store of value -- like a digital version of gold -- and it has outperformed every other major asset class during the past five years:\nThe investment thesis behind Bitcoin is relatively simple. Supply is limited to 21 million coins, which are paid to miners who use powerful computers to add new blocks to the blockchain. A halving is triggered with every 210,000 new blocks, which cuts the reward for mining Bitcoin in half. Estimates suggest the last Bitcoin will be mined sometime around the year 2140.\nSince supply is capped, demand alone drives the price. There are nearly 50 million wallets which hold entire bitcoins or partial coins. That figure is near an all-time high. Plus, 2023 was one of the most active years for wallet creation, which is a good indicator of demand. Theoretically, Bitcoin's limited supply will ensure prices move higher for as long as people continue opening new wallets to buy the cryptocurrency.\nHowever, that alone might not be enough for Bitcoin to deliver the astronomical gains touted by Ark and Wood.\nArk highlights eight potential sources of demand for Bitcoin that could send its price soaring by 2030:\n1. Corporate treasury:Ark believes companies will eventually hold between 0% (bear case) and 5% (bull case) of their cash reserves in Bitcoin.\n2. Remittance asset:Bitcoin could represent between 5% and 25% of all non-commercial money transfers.\n3. Nation state treasury:Government treasury departments around the world could hold between 0% and 5% of their assets in Bitcoin.\n4. Emerging market currency:Bitcoin could be the primary currency in some developing nations. El Salvador already adopted it as legal tender.\n5. Economic settlement network:Bitcoin could eliminate a number of fees imposed by banks and financial institutions, capturing between 1% and 10% of U.S. bank settlement volume.\n6. Seizure-resistant asset:Between 1% and 5% of the global wealth held by high net worth individuals could be stored in Bitcoin to protect it from the government.\n7. Institutional investment:Banks and financial institutions could place between 1% and 6.5% of their assets in Bitcoin because they believe it will further appreciate in value.\n8. Digital gold:Between 20% and 50% of the money investors normally allocate to gold could eventually be placed in Bitcoin instead, thanks to its strong performance and portability.\nHere's how high Ark believes Bitcoin can rise by 2030 based on the demand generated by those eight catalysts:\n• Bear case:$258,500, representing an upside of about 270% from today's price of roughly $69,000.\n• Base case:$682,800, representing an upside of 880%.\n• Bull case:$1,480,000, representing an upside of 2,400%.\nWood spoke at the Bitcoin Investor Day conference in New York last week, where she said Bitcoin could actually eclipse Ark's 2030 price target of $1.48 million and instead soar to $3.8 million. The 5,300% upside could be driven by further adoption of Bitcoin exchange-traded funds (ETFs), which won the approval of the U.S. Securities and Exchange Commission (SEC) in January.\nSo far, the 10 approved ETF operators -- including Ark -- manage more than $58 billion worth of assets in their Bitcoin funds, and that figure is growing. Wood says if institutional investors allocated a little more than 5% of their portfolios to Bitcoin, that alone would be enough to warrant a price of $3.8 million.\nWood thinks Bitcoin still has miles to go in terms of upside. She believes the cryptocurrency is key to an internet-based means of transacting that eliminates toll takers like banks and financial institutions, which collect a fee almost every time money moves.\nPast performance doesn't predict future results, so there is no guarantee Bitcoin will continue to outperform other asset classes, let alone surge more than 50-fold.\nThe cryptocurrency would have a market capitalization of $74.7 trillion if it did reach a price of $3.8 million, making it nearly three times more valuable than the U.S. economy by gross domestic product, and 23 times more valuable than the largest company in the world (Microsoft).\nTo me, that seems unlikely. Treating Bitcoin as a store of value does make sense, and perhaps one day it could have a similar market cap to gold, which currently stands at $14.6 trillion. That would translate to a 10-fold return in Bitcoin from here, taking it to $743,500, which is slightly aboveArk's base-case estimate.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\n1 Unstoppable Cryptocurrency With 5,300% Upside by 2030, According to Cathie Woodwas originally published by The Motley Fool", '• Judge James Mellor ordered a worldwide freeze on 6 million British pounds of Craig Wright\'s assets.\n• In a court case brought by COPA, Mellor found earlier this month that Wright was not Satoshi Nakamoto, the inventor of Bitcoin.\n• The judge ruled there was a risk Wright would move his assets offshore to avoid paying costs related to the case.\nA U.K. judge imposed a worldwide freezing order on 6 million British pounds ($7.6 million) of Craig Wright\'s assets to prevent him moving them offshore and evading costs arising from acourt casethat found he was not, as he\'d claimed, Bitcoin inventor Satoshi Nakamoto.\nIn a March 14 decision, Judge James Mellor, who heard the case brought by the Crypto Open Patent Alliance (COPA), also found Wright didn\'t author the Bitcoin white paper nor the initial versions of the Bitcoin software. Shortly after that, Wright notified Companies House, the U.K.\'s register of companies, that shares in his RCJBR Holding company had beentransferred to DeMorgan, a company organized under the laws of Singapore.\nAccording to a judgment dated Wednesday and posted on the website of the Bitcoin Legal Defense Fund, COPA\'scosts amount to about 6.7 million pounds.\n"Understandably, that gave rise to serious concerns on COPA’s part that Dr Wright was implementing measures to seek to evade the costs consequences of his loss at trial," Mellor wrote in the judgment, referring to the share transfer.\n"Dr Wright has a history of default in relation to orders for the payment of money," Mellor wrote, before detailing some examples. " ... COPA has a very powerful claim to be awarded a very substantial sum in costs ... I consider there is a very real risk of dissipation."', "Since its humble beginnings as only aBitcoinexchange,Coinbase Global(NASDAQ: COIN)has matured in line with the cryptocurrency asset class. Coming a long way, Coinbase is now the premier platform forinstitutionalandretailinvestors interested in the vast world of cryptocurrencies with its innovative suite of products.\nCoinbase's journey (as well as crypto's) has been nothing short of historic and shows no sign of slowing down. As the cryptocurrency asset class continues to evolve, Coinbase's future looks increasingly bright. Here's where the company might be headed in the next 10 years.\nProjecting what a company will look like in the next decade is inherently speculative, especially when its business model depends on new technology. To introduce some objectivity, I'll examine some data and financials since numbers don't lie.\nOne of the most meaningful metrics to track Coinbase's growth is its user base. In Q1 2018, there were around 23 million verified users on Coinbase's platform. Today, that number has reached more than 110 million, an almost 400% increase.\nAssuming the number of users continues to grow at a compound annual growth rate of 30%, Coinbase's total user base would be more than 1.5 billion in 2034, roughly the same number of users on Instagram today.\nUnsurprisingly, as Coinbase's user base has grown, so has its revenue. In 2019, the company generated around $533 million in revenue. According to the most recent earnings report, total revenue for 2023 reached a whopping $3.1 billion, a nearly 500% increase in just four years at a compound annual growth rate of 41%.\nIf it maintains that current pace, Coinbase's annual revenue could blossom to nearly $100 billion. For comparison, that would put it on the same level as companies likeBank of AmericaorTeslatoday.\nBest of all, due to Coinbase's digital infrastructure, it maintains incredibly low costs, which helps maximize profits. With profit margins north of 85%, Coinbase would be as profitable as some of the most prominent companies in the world today, such asGoogleorJP Morgan, if it follows this projected scenario.\nDon't get me wrong. I fully recognize that a lot has to go right for Coinbase to reach these levels. However, not only does the company have a robust business model, but it also benefits from several advantages similar to those of tech companies in the early 2000s that capitalized on the proliferation of the internet into daily life.\nCryptocurrency is a burgeoning and nascent asset class. The technology's use cases are still developing, but it holds immense potential to transform business, personal finance, and even entire economies. If things continue to progress, Coinbase's role could begin to take shape as a 21st-century tech bank.\nIt already offers retail users several innovative blockchain-based solutions, such as sending money instantly at no cost, providing savings accounts, and allowing users to trade cryptocurrencies. On the institutional side, Coinbase offers custodial services and a brokerage platform for companies looking to explore crypto.\nThis scenario of Coinbase becoming a tech bank of the future and rising to become one of the most influential companies on the market may seem outlandish. But if there's anything crypto has taught us, it's that expectations are often exceeded. Don't be surprised if Coinbase becomes a leading performer in stock portfolios over the next decade.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.RJ Fultonhas positions in Bitcoin, Coinbase Global, and Tesla. The Motley Fool has positions in and recommends Alphabet, Bitcoin, Coinbase Global, JPMorgan Chase, and Tesla. The Motley Fool has adisclosure policy.\nWhere Will Coinbase Be in 10 Years?was originally published by The Motley Fool", '"The Big Money Pivot - East" Conference to Feature Dozens of Workshops, Charles Payne Hosting His Fox Business Show LIVE, Podcast Recording Sessions, and More\nMIAMI, Florida - (NewMediaWire) - March 29, 2024 - The MoneyShow organization has spent the past 43 years educating hundreds of thousands of investors and traders across the country and around the world. Now, we are pleased to announce that our inauguralInvestment Masters Symposium Miamiwill run April 10-12, 2024, at the Hyatt Regency Miami hotel.\nOver the course of three days, attendees, financial educators, and investment sponsors will gather for keynote sessions, panel discussions, workshops, networking receptions, and other events. All major asset classes and alternative investments will be covered, including stocks, bonds, real estate, precious metals, and cryptocurrencies. The goal: To help investors profit from "The Big Money Pivot" currently unfolding in markets and the economy.\nIn addition,Charles Payne, Host ofFox\'s Making Money with Charles Payne, will broadcast his hit show LIVE from the venue on Friday, April 12 at 2 p.m. Eastern.Jim Iuorio and Bob Iaccinowill record a segment of their hit podcastThe Futures Edgeon-site. Plus,Jon and Pete Najarian, Co-Founders of Market Rebellion, LLC, will distribute and sign copies of their new bookIt\'s NOT an Optionfor attendees.\n"We\'re excited to bring our unique, interactive, and actionable Symposium series to Miami for the first time ever," saidMike Larson, MoneyShow editor-in-chief and conference host. "With stocks, gold, Bitcoin, and other assets at or near record highs, not to mention many investors turning to alternatives for greater profit and income, we can\'t wait to provide today\'s active investors and traders with the expert guidance and recommendations they\'re seeking."\nFeatured financial expertsin the speaker lineup include:\n• Kevin Maloney, President/CEO, Property Markets Group\n• Eric Bolling, Host, Newsmax\n• Jim Bianco, President and Macro Strategist, Bianco Research, LLC\n• Peter Schiff, Chief Global Strategist, Euro Pacific Asset Management\n• Brian Belski, Chief Investment Strategist, BMO Capital Markets\n• Kathryn Vera, Chief Investment Strategist, StoneX\n• John Carter, Founder and Chairman, Simpler Trading\nFeatured presentations and panel topicsinclude:\n• The Fed, the Election, and Your Portfolio What to Do Now\n• Are the "Magnificent Seven" About to Become the Seven Dwarfs (And Is There a Snow White)?\n• The Greatest Story Ever Sold: The Impact of Passive Investing on Asset Markets\n• Crypto, Commodities, & Other Alternatives to Explore in 24\n• Stock Market Trends & Transitions: Investing in the New Cycle\n• Profiting in Real Estate as Powell Pivots\n• An Invitation to the AI Super Boom\nFor complete details on the Miami event, visitwww.miamisymposium.com. Or for other questions and assistance in arranging on-site interviews with expert speakers at this year\'s event, contact Mike Larson at 941-955-0323.\nPress Contact:Mike Larson\nVP/[email protected]\nAbout MoneyShow\nMoneyShow\'s mission is to help individuals "Invest Smarter, Trade Wiser." Each year, the privately held financial media company hosts a series of in-person conferences and virtual expos that attract more than 75,000 investors, traders, and financial advisors. They gather with top market experts from a wide range of disciplines in the U.S., Canada, and online, seeking financial education and empowerment. MoneyShow is headquartered in Sarasota, Fla.', 'Cryptocurrencies offer a promising path to fixed and passive income sources. blueskyminer, a leading cloud mining platform, is teaching individuals how to earn significant daily returns, optimizing their mining efforts for maximum profit.\nLondon, England, March 29, 2024 (GLOBE NEWSWIRE) --\nAs a top contender among free cloud mining platforms globally,Blueskymineris making waves in the computing power market with its state-of-the-art technology. This technology streamlines mining operations, eliminating the need for unnecessary equipment and the complexities usually found in traditional cryptocurrency mining. "Choosing a computing power package for cloud mining has never been easier, allowing users to effortlessly earn income," state blueskyminer\'s founders.\nIncentives for New UsersNewcomers are welcomed with a $10 bonus, facilitating immediate earnings through blueskyminer. Additionally, users can enhance their passive income by 3% through referrals. "Assembling a team of ten can yield up to $50,000 monthly," claim company representatives. To explore more, visitblueskyminer\'s official website\nStreamlined Earning ProcessDownloading the blueskyminer app opens the door to simple registration and questionnaire completion. By confirming accounts and selecting the right capacity package, users activate cloud mining contracts and begin their journey towards generating passive income.\nWhy Invest in blueskyminer?Investing in blueskyminer brings numerous advantages. The platform\'s approach to home-based earning and the collective success of its community is changing how people view investment and income generation.\n- Passive Income: Users enjoy a stable, daily income.- Quick Payouts: An automatic payout system expedites fund access.- No Experience Needed: Beginners can earn money without prior mining knowledge.- Diverse Contracts: A wide array of contracts caters to various hash capacities.- Dedicated Support Platform specialists offer unwavering support to all users.\n"In the quest for home-based earning solutions in 2024, blueskyminer stands out by making significant daily earnings accessible with minimal investment," share the company founders.\nA Diverse Range of Mining PackagesCatering to all skill levels, from novices to seasoned miners, blueskyminer offers a variety of packages designed to suit every user\'s needs and open up new opportunities in cryptocurrency mining.\n"Blueskyminer\'s packages are designed to guide users through the cryptocurrency world, regardless of their mining experience," according to the founders.\n- BTC Starter Has Power: Begin with a modest $10 investment.- BTC Enhanced Hash Power: A $100 investment amplifies earning capabilities.- BTC Premier Hash Power: A $500 investment is designed for those aiming to maximize their earnings.\nFor a comprehensive look at blueskyminer\'s innovative cryptocurrency mining approach, visit their website. Connect with the brand on social media throughFacebookor Twitter to stay updated on the latest developments.\nContact DetailsBusiness:blueskyminerContact Name:Adrienne de JagerContact Email:[email protected]:United KingdomWebsite:www.blueskyminer.com\nDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Adrienne de Jager Blue Sky Mining Company Limited info at blueskyminer.com', "• Decentralized finance protocol Ethena will airdrop 750 million ENA tokens to USDe holders on April 2.\n• Aevo's prelaunch futures tied to ENA surged over 20% early Friday.\nPrelaunch futures tied to decentralized finance protocol Ethena’s impending governance token ENA surged on Friday, implying a market capitalization of over $500 million at inception.\nThe ENA/USD pre-debut futures listed on the decentralized exchange Aevo changed hands at 73 cents during the Asian trading hours, representing a 22.29% gain on a 24-hour basis.\nEthena, home to the $1.3 billion USDe token,will airdrop750 million ENA, equating to 5% of the total supply, to USDe holders on April 2. Traders who unlock, unstake, or sell their USDe before April 1 will not be eligible for the airdrop.\nThe stated airdrop figure and the going market price implied by prelaunch futures mean the token could debut with a market capitalization of $547.5 million. The market cap is determined by multiplying the circulating supply with the going market price. Meanwhile, ENA's fully diluted market value (FDV) could be over $10 billion. The FDV uses total supply to calculate the market value.\nThe double-digit surge in the ENA prelaunch futures likely resulted from Binance announcing a launchpool for users to stake their BNB and FDUSD farm ENA tokens. Binance launch pool, often called a centralized yield farming service, is a popular way for users to participate in early-stage projects.\n“The @ethena_labs prelaunch market on Aevo is up 20% on the back of their Binance Launchpool announcement,” Aevo said on X.\nENA farming on Binance launchpoolwill starton March 30 at 00:00 UTC and be open for three days. The leading cryptocurrency exchange will list ENA on April 2, allowing trading in ENA/BTC, ENA/USDt, ENA/BNB, ENA/FDUSD and ENA/TRY pairs.\nAevo’s pre-listing perpetual futures are similar to “I owe you” or IOU futures offered by some exchanges. Once the token goes live, the pre-listing perpetuals reference the token’s spot price and collect funding rates from traders to keep perpetuals in sync with the spot price.", 'It’s over. The crazy saga of Sam Bankman-Fried, the onetime crypto billionaire, came to an end this week as a federal judge sentenced himto 25 yearsin prison for fraud. For the crypto community, this should have been a moment of closure, helping to turn the page on its biggest scandal. Yet, judging by many of the reactions on the social media platform still known as Crypto Twitter, Thursday’s sentencing was a travesty of justice.\nStart with Fox Business host Charles Payne, who tweeted, “Hell, no,” in response to the question of whether 25 years was enough. ThisledGOP Senate candidate John Deaton to endorse Payne’s comment and say Bankman-Fried should have gotten 50 years instead. While they were no doubt pandering to their right-wing followers—many of whom are quick to blast as lenient any sentence that doesn’t involve the electric chair—Payne and Deaton echoed many others who complained Bankman-Fried got off easy.\nSome of this grousing came from the fact Bankman-Fried would likely be able to shave off as much as a third of his sentence for good behavior—meaning he might serve more like 16 years. Others expressed outrage that, while Bankman-Fried will be able to walk free one day, another famous criminal tied to Bitcoin is doing life. That would be Ross Ulbricht, a.k.a. Dread Pirate Roberts, who got a life sentence in 2015 for running Silk Road, the notorious online marketplace where you could use Bitcoin to buy everything from heroin to hit men. While Ulbricht’s sentence may have been unduly harsh, it’s worth noting that, unlike Bankman-Fried, he indirectly was responsible for young people OD’ing.\nAnother chorus of complaints over Bankman-Fried’s 25-year term came from the kookier corners of social media, where people claimed that, because of his family’s close ties to Democratic politicians, he is sure to be pardoned. If you like conspiracy theories, that’s a good one, but it’s also ridiculous. Meanwhile, it was hard to find anyone who thought the sentence was too harsh—unless you count Bankman-Fried’s parents and legal team, who claimed the fraudster who liked penthouses and private jets was “a beautiful puzzle … unconcerned with material possessions.” Right.\nPlenty of people seem to think Bankman-Fried’s sentence was unfair, but that’s typical for most high-profile criminal trials where everyone has an opinion but few have a nuanced understanding of the criminal justice system. In this case, the judge more or less got it right. A 25-year prison sentence is no slap on the wrist and will cost Bankman-Fried many of the best years of his life, and means he is unlikely to hug some of his loved ones ever again. It also sends a message that crypto fraud is a serious crime.\nA quick programming note: I will be off next week, but you will be in good hands with Leo Schwartz and Niamh Rowe until I return on April 8. Have a great weekend.\nJeff John [email protected]@jeffjohnroberts\nThis story was originally featured onFortune.com', 'Set in an Alternative Dystopian Los Angeles, Gala Films\' Groundbreaking Series, "RZR," Takes Audiences into a World of AI and Brain-Computer Interfacing.\nHOLLYWOOD, Calif.,March 29, 2024/PRNewswire/ -\xa0Gala Film, the leadingdecentralizedstreaming platform, announces the Global Premiere of its first-ever streaming series, RZR, onApril 14, 2024. Starring and created by Award-winning actor and filmmakerDavid Bianchi(Queen of The South), "RZR" brings a gritty new perspective to science fiction storytelling, bringing viewers into a world of neural implants, artificial intelligence, hacker culture, and black-market crime. This short-form series, broken into eight 15-minute episodes, is set to debut on Gala Film for free, boasting a celebrity-studded cast including BAFTA nominee and SAG Award winnerMena Suvari(American Beauty),Emilio Rivera(Mayans MC), Primetime Emmy nomineeRichard Cabral(American Crime) and iconic genre legendDanny Trejo. According to Bianchi:\n"Very little short-form content can compete with RZR from a cast and a production value perspective. The team that I was able to assemble is world-class. I\'m very grateful for those incredible creators."\nThe RZR cast works as a tight ensemble to tell the story of Grimm, a hacker plagued by memories of his time as a soldier in a nuclear conflict. Determined to survive in this dystopianLos Angeles, he strives to \'bio-hack\' himself in order to connect his mind directly with the internet in order to save the world from itself. In this conceptual world, AI is deeply intertwined with the lives of humans- from AI romantic partners to assistants to surgeons; RZR contemplates a world beyond the realm of imagination for most, whereBitcoinis over$100,000, and computer chips can be embedded into the human brain. According to Grimm:\n"This is the kind of tech that people would kill for if they could access it"\nRZR guides audiences into its dystopian premise,Mr. Robotstyle, thanks to a number of talented directors, including Emmy winnerYuri Alves,Christopher Folkens, and co-writerDaniel J. Pico. These auteurs worked in close collaboration with Bianchi, producerNoelle Hubbell, and cinematographerMatthew Plaxco. This team of creative leaders has brought RZR to an extraordinary level of production value, bringing the look and feel ofHollywoodcinema to episodic short-form online streaming, thanks to Gala Film. According to Bianchi:\n"This is the first title to come out of Gala Film; it\'s unprecedented. We have a Web3 company that is partnering exclusively withHollywoodto create triple-A level cinematic content that is going to function on the node ecosystem on Gala Film, layer one. Gala has always been on the brink of technology and cutting-edge leadership in the Web3 space. Their ability to see the future and understand trends is unparalleled."\nIn a pioneering move, Gala Film is introducing an innovative mechanism for fans to engage with the RZR universe – Mystery Boxes. These digital wonders unlock exclusive content, providing a unique, interactive experience that allows viewers to delve deeper into the storyline and become part of the narrative fabric. According toEric Schiermeyer, founder of Gala:\n"We are hoping to unlock a new way for fans to connect with the content they love. Gala is building ways for fans to tangibly own a piece of the world created by visionaries like Bianchi."\nMark your calendars forApril 14th, 2024, and prepare to be part of the future of entertainment.\nExperience the global premiere of "RZR" exclusively on Gala Film. For more information on "RZR," visitGala.comand follow our journey on social media:\nTwitter / X:https://twitter.com/GoGalaFilms?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\nTik Tok:https://www.tiktok.com/@gogalafilm\nYoutube:https://www.youtube.com/@GalaFilm\nInstagram:https://www.instagram.com/officialgalafilm/\nDiscord:https://discord.com/invite/gogalafilm\nAbout Gala Film\nGala Film is powered by GALA, a leading Web3 entertainment company focused on empowering fans and creators through Web3 ecosystems and true content ownership. Gala is paving the way toward the future of entertainment by developing new solutions and opportunities for developers on their proprietary blockchain: GalaChain.\nAbout Exertion3\nFounded in 2008 byDavid Bianchi, Exertion has produced six feature films, and over thirty shorts and music videos. Exertion has received several major accolades, including the Imagen Award (Latin Golden Globe), a Telly Award for craft VFX, and a multitude of independent Awards. Their work has been seen globally on platforms like Apple TV, HULU, HBO, Paramount +, CNN and more.\nAboutDavid Bianchi\nDavid Bianchiis a multi-hyphenate actor, writer, and filmmaker with over 120 professional credits in studio films and major network TV, includingQueen Of The South(Netflix),Resident Alien(Netflix),Seal Team(Paramount), and many more. His work has earned him membership into theAcademy of Television Arts and Sciences.\nAs an artist and poet, he blends together his passions, having created his own art genre called\xa0Spinema™ (spoken word cinema). The poetic-cinematic experiences he crafts with Spinema™ have led him to become known as one of the most unique creators in the NFT and film space. David has been recognized two years consecutively, in 2022 and 2023 as one of the 100 most influential creators in the world by NFTNow. His work has been curated into exhibits all over the world, includingArt Basel, Scope Miami, the LA Art Show, and more. His work has been covered in major press outlets including Forbes, Coindesk and Decrypt.\nAbout RZR\nRZR, Gala Film\'s first-eve Last 60 Days of Bitcoin's Closing Prices: [43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-29 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,377,599,092,969 - Hash Rate: 595046224.9834774 - Transaction Count: 449421.0 - Unique Addresses: 659374.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In 2017, amid crypto's first full-blown bull cycle,Fidelityallowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside, adopting crypto would seem to be an odd choice for an old-line firm like Fidelity, which launched in 1946 and manages trillions of dollars in assets. But underCEO Abigail Johnson, the granddaughter of Fidelity founder Edward Johnson II, the firm began dabbling in blockchain, includingminingBitcoin at its offices since 2014. "We at Fidelity can see that the evolution of technology is setting our industry up for disruption," Johnson said in 2017 at a blockchain event. The experiment allowing employees to pay for hamburgers withBitcoindidn't work out, Michael O'Reilly, the president of Fidelity's digital assets division, toldFortunein an interview. He joked that the only people who tried it out were the staffers who worked on the project. Fidelity's broader gamble on crypto, however, has been a resounding success. Today, the firm offers the second-most popular Bitcoin ETF with nearly $7 billion of inflows in thered-hotinvestment classapprovedin January, has set up a custody service for Bitcoin and Ether as competitors scramble to catch up, and has a multiyear head start on peers likeBlackRockand Franklin Templeton that are rushing into the blockchain market. As crypto prices boom once again, O'Reilly and three other employees working on Fidelity's digital asset products toldFortunethat the company is just getting started. "For us, it isn't whether digital assets are going to happen," O'Reilly said. "It's how we're going to play in the space." The Boston-based Fidelity may have started mining Bitcoin in 2014, but its first serious foray into crypto came in October 2018 when it began to custody Bitcoin for institutional investors, the first traditional financial firm to offer the service, with the nextcomingfour years later withBNY Mellon. The same month in 2018, Fidelity also launched its trading platform for Bitcoin. The company officiallyreceiveda license from the New York Department of Financial Services to offer trading and custody services the following year. Unlike exchanges such asCoinbase, Fidelity's product operates as an execution service, meaning that Fidelity would serve as the counterparty on every trade and find liquidity providers for the buyer or seller, rather than matching buyers and sellers. Fidelity expanded its custody and trading services to include Ether in 2022. Terrence Dempsey, the head of product strategy at Fidelity's digital assets subsidiary, said that approach not only provides more consistent pricing, but helps ease clients into the volatile world of crypto with a more traditional financial wrapper. "We're trying to abstract away a lot of the market structure and nuances of crypto for our customers and provide them with a very familiar experience," he toldFortune. While Fidelity's flashiest crypto product is its Bitcoin ETF, the custody and trading platform helped set the foundation. As the Securities and Exchange Commissiondebates rulemakingover which type of companies should be allowed to custody crypto assets—and how firms should account for them—Fidelity sits in a unique position. With its trust charter from DFS, Fidelity will likely fall under the key category of "qualified custodian" that's being considered by the SEC, and the firm has sentlettersto the agency advocating that state-chartered trust companies should meet the definition. And as lawmakersfight the agencyon a controversial accounting bulletin called SAB 121 that would require custodians to count digital assets as liabilities on their balance sheets, Fidelity could fall outside of the guidance as a non-public reporting company, although the financial industry's understanding of the suggested practice is still developing. Unlike publicly traded peers, Fidelity is a privately held company, with the Johnson family still owning 49% of shares and voting power, according toSEC filings. Beyond avoiding the potential pitfalls of SAB 121, O'Reilly said that the firm's private status allows it to take a more long-term view on sectors where competitors have steered clear, such as crypto. "Being privately held gives us quite an advantage there," he toldFortune. When the SEC approved the first slate of spot Bitcoin ETFs in January, eight of the 10 issuers to launch chose Coinbase to custody their Bitcoin, including BlackRock. The only exceptions were VanEck, which went with the Winklevoss twin-run Gemini, and Fidelity, which chose its own custody service. That every other issuer went with Coinbase, which is currentlyembroiledin litigation with the SEC, may seem surprising, especially with Fidelity serving as a clear alternative. But even though Fidelity's custody service is technically part of a separate subsidiary fromFidelity Investments, which issues the Bitcoin ETF, it's still a challenger to the other issuers. "We are, as a firm, offering an ETP," or exchange-traded product, O'Reilly said. "Often, you don't want to give assets of your ETP to a competitor." Cynthia Lo Bessette, head of the team within Fidelity responsible for the ETF, said that she expects that to change as issuers begin to tap secondary custodians for their products. "Diversification seems to be on people's minds," she toldFortune. But even without serving as a custodian for other issuers, Fidelity's own ETF is thriving. According to data from Bloomberg, its Wise Origin Bitcoin Fund has the second-largestinflowsof the new ETFs at nearly $7 billion, trailing only BlackRock's. Lo Bessette pointed to Fidelity's structure as a competitive advantage, serving as the only issuer to rely on its own custody and trading services, as well as providing its own index for pricing. "The way that we've designed the product is as a Fidelity full-stack offering," she said. Amid speculation about whether the field of issuers would consolidate over the next year, Lo Bessette demurred but did say it would be up to the individual sponsors whether the scale of their products makes it worthwhile to continue operating. Even with anarms raceover fees, the lowest-performing funds have seen less than $400 million of inflows, with WisdomTree collecting only about $60 million as of March 25. While the Bitcoin ETF remains Fidelity's top crypto product, the company still plans to expand its offerings. Fidelity is one of seven companies hoping tolauncha spot Ether ETF through an approval process pending with the SEC, although analystspredictthey will be rejected by the May deadline. Still, Ether represents a potent new field for Fidelity. Unlike Bitcoin, which operates under the energy-intensive proof-of-work consensus model, Ethereumswitchedto proof of stake in 2022, meaning Ether holders can receive a yield in return for staking their assets. While Fidelity currently does not offer staking services, Lo Bessette said that it's looking at product iterations that include staking. On March 18, Fidelityaddedan amendment to its ETF application to include a provision that would allow the fund to stake a portion of its assets. Regulatory uncertainty could still prevent Fidelity's entrance into the space, with the SEC likely to deny the ETH ETF applications, and staking itself fraught due to recentlawsuitsbrought by the agency against companies like Coinbase and Kraken that offered staking-as-a-service products. Dempsey said Fidelity's digital assets subsidiary also hopes to launch trading and custody services for other cryptocurrencies. "We did not set out to be a Bitcoin and Ethereum-only shop," he toldFortune, although the regulatory challenges around the security status of different assets—includingEther—continue to pose a challenge. As competitors like Franklin Templeton and BlackRock begin totokenizedifferent assets such as money marketfunds, Lo Bessette said Fidelity is exploring the potential of tokenization, although she declined to provide specific examples. While Fidelity may move faster than many of its TradFi peers, it still sits somewhere in between the crypto native firms like Coinbase and the mainstays likeVanguard. The result is a methodical approach that's still cautious of regulators while pushing further into blockchain experimentation. "In crypto, years are almost like decades," O'Reilly toldFortune. "That really is what has given us the advantage." This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE,March 29, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 30, 2024.\nOKX Wallet Integrates with Corridor Finance, a Prominent BRC-20DeFiPlatform\nOKX Wallet is now integrated withCorridor Finance, a leading platform building a BRC20DeFiecosystem, including swap, bridge, and farming. This integration enables OKX Wallet users to leverage the benefits of diverse yield farming products, further expandingDeFito more BTC assets like BRC-20, NFTs and other BTC protocols, directly from the OKX Wallet web extension.OKX Wallet users can now access Corridor Finance by downloading the OKX Wallet web extension available on Chrome and Firefox, creating or adding an existing OKX Wallet, and connecting it to Corridor Finance via the web extension.\nCorridor Finance is dedicated to boosting the BRC20 ecosystem with its innovative solutions. It aims to bring a new level of diversity to yield farming products and broadenDeFi's reach.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-wallet-integrates-with-corridor-finance-a-prominent-brc-20-defi-platform-302101992.html\nSOURCE OKX", 'Many growth investors gravitated back toward the cryptocurrency market this year as hopes for lower interest rates, the approvals of the firstBitcoinspot price exchange-traded funds (ETFs), and big institutional purchases suggested the "crypto winter" was over. However, it\'s still tough to gauge the true value of most cryptocurrencies, since their price is driven more by supply and demand than by an actual underlying business.\nEarlier this month, I suggested that investors buy threepromising tech stocks--Nvidia,Super Micro Computer, andASML-- instead of going all-in on cryptocurrencies. Today, I\'ll add three other speculative plays to that list of potential cryptocurrency alternatives:Symbotic(NASDAQ: SYM),QuantumScape(NYSE: QS), andIonQ(NYSE: IONQ).\nSymbotic is a provider of warehouse automation robots and software. It claims a $50 million investment in just one of its modules (which includes its robots and software) can generate $250 million in lifetime savings over 25 years.\nSymbotic went public by merging with a special purpose acquisition company (SPAC) in June 2022. Its revenue surged 136% in fiscal 2022 (which ended in September 2022) and 98% in fiscal 2023. However, most of that growth came from a deal withWalmart, which tapped Symbotic to automate all of its regional distribution centers across the U.S. through fiscal 2034. Walmart still owns 11% of Symbotic and accounted for 88% of its revenue in fiscal 2023.\nThat customer concentration is worrisome, but it\'s secured deals with other big retail customers likeTarget,Albertsons, and C&S Wholesale. It also launched a new warehouse-as-a-service platform called GreenBox with its other big backer,SoftBank, last July.\nAnalysts expect Symbotic\'s revenue to rise 48% in fiscal 2024 and 42% in fiscal 2025. It\'s still bleeding red ink, but it\'s expected to turn profitable on a generally accepted accounting principles (GAAP) basis by fiscal 2025. Its stock isn\'t cheap at 16 times this year\'s sales, but it might be a great pure play on the warehouse automation market.\nQuantumScape develops solid-state batteries, which are more stable, charge faster, and last longer than traditional lithium-ion batteries. Those batteries are a great fit for the electric vehicle (EV) market, and the company\'s biggest backer isVolkswagen. Like Symbotic, QuantumScape went public by merging with a SPAC in November 2020. But unlike Symbotic, QuantumScape doesn\'t generate any meaningful revenue yet.\nQuantumScape hasn\'t commercialized any of its batteries since its public debut, but its latest batteries could give EVs a range of 400-500 miles with a charge time of less than 15 minutes. It\'s also developing batteries that can reach 600 miles with a charge time of under 30 minutes. For reference, most top-tier lithium-ion batteries for EVs have a range of roughly 300 miles and a charge time of 30 minutes. Volkswagen also recently conducted an endurance test that found that QuantumScape\'s batteries could power an EV for over 310,000 miles "without any noticeable loss of range." Most lithium-ion batteries lose approximately 10% of their range after the first 200,000 miles.\nQuantumScape\'s technology sounds disruptive, but it\'s tough to value its stock without any revenue. However, if it successfully commercializes its first batteries before its like-minded competitors, its stock could skyrocket over the next few years.\nInvestors looking for another speculative play should take a look at IonQ, a quantum computing company that merged with a SPAC in October 2021. IonQ provides quantum computing power as a cloud-based service, and it\'s trying to shrink qubit processing unit (QPU) systems from several feet to a few inches wide with its "trapped ion" technology.\nIt expects that miniaturization to make it easier to build large quantum computing systems that process binary "bits" of zeros and ones simultaneously. That big leap could support the growth of the cloud, machine learning, and artificial intelligence (AI) markets.\nIonQ gauges its quantum computing power in algorithmic qubits (AQ). It achieved AQ 29 in 2023, AQ 35 earlier this year, and it aims to reach AQ 64 by 2025 with a longer-term target of 1,024 by 2028. It only generated $22 million in revenue in 2023, but it continues to lock in new government and commercial customers. Analysts expect its revenue to rise 77% in 2024 and 110% in 2025 -- so it could still have plenty of upside potential.\nIonQ isn\'t profitable yet, and its stock looks pricey at nearly 50 times this year\'s sales. But if it can achieve its ambitious miniaturization goals and scale up its business, its sales could soar as the nascent quantum computing market expands.\nShould you invest $1,000 in Symbotic right now?\nBefore you buy stock in Symbotic, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Symbotic wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Bitcoin, Nvidia, Target, Volkswagen Ag, and Walmart. The Motley Fool has adisclosure policy.\n3 Growth Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company went public in early 2021, two things stand out. First, Coinbase stock tends to rise and fall along withBitcoin\'s(CRYPTO: BTC)price. Second, simply buying Bitcoin directly on the day Coinbase went public would have yielded a better return.\nBitcoin can flourish if Coinbase fails, but it\'s not likely the other way around. By buying Bitcoin, you expose yourself to the risk that regulators will take actions that permanently hurt your investment. By buying Coinbase stock, you\'ll be exposed to the same risk plus additional regulatory risks that could derail Coinbase\'s business model.\nThe U.S. Securities and Exchange Commission filed a lawsuit against Coinbase in June alleging that the cryptocurrency exchange was illegally operating as a securities exchange, broker, and clearing agency regarding 13 cryptocurrency tokens. A judge this week ruled that the case could move forward to trial, setting up a showdown that could rock the cryptocurrency industry.\nBuying Bitcoin is a bet that Bitcoin will remain relevant in the long run. Buying Coinbase stock is a more complex bet that Bitcoin will remain relevant, centralized exchanges will continue to play an outsized role in what\'s ostensibly a decentralized industry, and Coinbase will survive the regulatory barrage being hurled at it.\nYou only have to be right about one thing for your Bitcoin investment to work out, while you have to be right about a bunch of things for Coinbase stock to deliver solid returns. Given a choice between the two options, buying Coinbase stock looks hard to justify.\nI fall into theWarren Buffett school of thinkingwhen it comes to cryptocurrencies. "Rat poison squared" is one way the Oracle of Omaha has described Bitcoin. But if you feel the need to invest in the cryptocurrency industry, stick with a simple investment in Bitcoin or one of the new Bitcoin exchange-traded funds (ETFs). As risky as it is to invest in Bitcoin, investing in Coinbase is even worse.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nJust Buy Bitcoin Instead of Coinbase Stockwas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company went public in early 2021, two things stand out. First, Coinbase stock tends to rise and fall along withBitcoin\'s(CRYPTO: BTC)price. Second, simply buying Bitcoin directly on the day Coinbase went public would have yielded a better return.\nBitcoin can flourish if Coinbase fails, but it\'s not likely the other way around. By buying Bitcoin, you expose yourself to the risk that regulators will take actions that permanently hurt your investment. By buying Coinbase stock, you\'ll be exposed to the same risk plus additional regulatory risks that could derail Coinbase\'s business model.\nThe U.S. Securities and Exchange Commission filed a lawsuit against Coinbase in June alleging that the cryptocurrency exchange was illegally operating as a securities exchange, broker, and clearing agency regarding 13 cryptocurrency tokens. A judge this week ruled that the case could move forward to trial, setting up a showdown that could rock the cryptocurrency industry.\nBuying Bitcoin is a bet that Bitcoin will remain relevant in the long run. Buying Coinbase stock is a more complex bet that Bitcoin will remain relevant, centralized exchanges will continue to play an outsized role in what\'s ostensibly a decentralized industry, and Coinbase will survive the regulatory barrage being hurled at it.\nYou only have to be right about one thing for your Bitcoin investment to work out, while you have to be right about a bunch of things for Coinbase stock to deliver solid returns. Given a choice between the two options, buying Coinbase stock looks hard to justify.\nI fall into theWarren Buffett school of thinkingwhen it comes to cryptocurrencies. "Rat poison squared" is one way the Oracle of Omaha has described Bitcoin. But if you feel the need to invest in the cryptocurrency industry, stick with a simple investment in Bitcoin or one of the new Bitcoin exchange-traded funds (ETFs). As risky as it is to invest in Bitcoin, investing in Coinbase is even worse.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nJust Buy Bitcoin Instead of Coinbase Stockwas originally published by The Motley Fool', "As of this writing, the overall cryptocurrency market carries a market cap of just under $2.7 trillion. That's up from about $800 billion at the start of 2023. And it's close to record territory of just shy of $3 trillion.\nThere's no question that bullish fever has taken over the cryptocurrency industry. Whether it's positive sentiment in equity markets, or the recent approval ofspotBitcoinETFs, these tailwinds are propelling some of the most speculative tokens to new heights.\nJust in the past month,Shiba Inu(CRYPTO: SHIB)has soared more than 200% (as of March 25). Investors have taken advantage of a monster run-up for this token's price.\nBut can it reach $0.01 by the end of the decade? Let's see if that forecast 34,000-fold rise, from today's price of $0.000029, is a possibility.\nSeeing how strongly the dog-themed predecessorDogecoinwas catching on with the crypto community, Shiba Inu's founders wanted to create a more functional blockchain. Operating on top of theEthereumnetwork, Shiba Inu tokens can be used within its ecosystem ofdecentralized applications.\nThat sounds good in theory, but I suspect not many people deal with these tokens for anything useful. Instead, Shiba Inu's price movements are driven purely by speculative behavior. We're literally seeing this play out over the past month, since there haven't been any fundamental changes to the network.\nThose who are skeptical of the industry will raise questions about the viability of probably every cryptocurrency. The thinking goes that this technology is a solution trying to find a problem to justify its existence. While I don't believe this is the case with a very tiny minority of digital assets, I think it's certainly the case with the vast majority of them. Shiba Inu belongs in that latter category.\nThere are some innovations in the works to bolster Shiba Inu's utility. Shibarium, a layer-2 scaling solution, hopes to speed up transaction processing and lower fees for users. Supporters want this upgrade to result in the crypto gaining more steam in applications like the metaverse and non-fungible tokens.\nBut it doesn't have a sizable developer community working on advancing its progress toward greater utility. This limits its chances of long-term success.\nThere are currently 589 trillion Shiba Inu tokens in circulation. That's a gargantuan figure that is difficult to wrap one's head around. If we assume that Shiba Inu gets to the coveted $0.01 mark, that implies its market cap would equal $5.89 trillion. That seems virtually impossible.\nBitcoin, the world's oldest and most valuable cryptocurrency, has a market cap of $1.4 trillion right now and astronomically greater potential for price appreciation over the long term than Shiba Inu does.\nAt that nearly $6 trillion market cap, Shiba Inu would be more valuable thanMicrosoftandApplecombined. That seems totally unreasonable.\nEven though Shiba Inu isn't likely to soar 34,000-fold over the next six or so years to reach $0.01, it doesn't mean some investors aren't still interested in owning it. Last month's price rise shows the positive feedback loop at play, wherefear of missing out (FOMO) takes hold of speculatorsbefore everything comes crashing down. Gambling on short-term price movements like this is a losing game.\nInvestors who want growth potential in their portfolios should consider Bitcoin as the best crypto to buy. Plus, there are othergrowth tech stocksto look at as well.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCan Shiba Inu Skyrocket to $0.01 by 2030?was originally published by The Motley Fool", 'Several major cryptocurrencies rallied this week amid multiple potential catalysts including strong net inflows into bitcoin ETFs, notable new registration filings for spot Ether ETFs, and an anticipated "bitcoin halving" event in early April.\nWhen all was said and done as of the close of Friday\'s regular session, the price ofBitcoin(CRYPTO: BTC)was up 9.7% on the week, whileEthereum(CRYPTO: ETH)had gained 5.1%. So-called memecoinsDogecoin(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB)also soared 41.2% and 16.5%, respectively, this week.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin eclipsed $71,000 several times this week -- a week after falling below $63,000 -- before settling to trade around $69,500 as of this writing. The world\'s most prominent cryptocurrency was bolstered in part by huge net inflows intobitcoin ETFsexceeding $243.4 million on Thursday.\nOn Wednesday, theARK 21 Shares Bitcoin ETF(NYSEMKT: ARKB)singlehandedly registered net inflows of $200.7 million, becoming the third bitcoin ETF to cross the $200 million mark since the the United States Securities and Exchange Commission (SEC) approved thefirst 13 bitcoin ETFsback in January.\nBitcoin, for its part, has enjoyed an incredible rally dating back to October 2023, which came after months of speculation after the SEC declined to appeal a federal court\'s ruling in August preventing crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF.\nFor perspective, ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage -- as opposed to requiring investors to set up separate crypto trading accounts with a crypto-specific firm. So ETFs are a much more accessible medium for anyone who wants to put their money to work in cryptocurrencies. The SEC\'s approvals have stood out vote of confidence from a government agency in cryptocurrencies as a legitimate investment option.\nSome investors have also speculated more recently that Etherium ETF approvals could be on the way in the coming months, further bolstering crypto investment options for retail traders. On Wednesday, Fidelity Investments filed a Form S-1 Registration statement for its own spot ETH ETF. Asset Management firm Bitwise followed suit with its own registration statement filing for a similar spot Ether ETF on Thursday.\nMeanwhile, crypto investors are eagerly awaiting a so-called bitcoin halving event scheduled for mid-April -- the fourth such event in bitcoin\'s history, with previous halvings in 2012, 2016, and 2020 -- where bitcoin miners\' reward for solving complex transactions is effectively cut in half to limit the rate at which new bitcoin are introduced into the system until the maximum of 21 million bitcoins have been issued. Bitcoin\'s price has previously skyrocketed following each of the first three bitcoin halving events, so investors have naturally speculated a similar rally could occur next month.\nThe halving event is similar in some ways to a stock split, where a company may reduce its per-share price but commensurately increase the number of shares issued. Splits are a zero-sum event, of course, considering the value of the underlying business remains the same. But many retail investors tend to believe the lower post-split stock price is more attractive. Multiple cryptocurrency market pundits have argued that this halving event should further spur adoption of bitcoin while also limiting supply -- effectively keeping the price of bitcoin high.\n"The halving reminds people that the supply of bitcoin is truly limited and that demand is increasing, driving up the price of bitcoin in the long term," Azteco Chief Marketing Officer David Bailey wrote this week. "As something becomes more valuable, more people will want to use it, and so the cycle continues."\nThere are no guarantees, of course, that the price of bitcoin will rally on the heels of this halving in the near term. But it\'s hardly surprising to see crypto traders embracing the positivity leading up to the event.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Major Cryptocurrencies Soared This Weekwas originally published by The Motley Fool', 'The new spotBitcoin(CRYPTO: BTC)ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on some days have been more than $1 billion.\nOver the short term, these new spot Bitcoin ETFs will help to popularize the idea of cryptocurrency as a stand-alone asset class that deserves a place in your portfolio. Over the longer term, they could serve as the gateway to entirely new types of crypto investment opportunities. Let\'s take a closer look.\nMost likely, Wall Street firms will continue to explore other types of crypto ETFs they can offer customers. If you think of the current batch ofspot Bitcoin ETFsas the "vanilla" form of what Wall Street can offer, then we could soon see more exotic ETFs. There have already been applications for "inverse ETFs" that gain in value if the price of Bitcoin falls, as well as "leveraged ETFs" that enable investors to amplify their Bitcoin gains.\nThe early success of the spot Bitcoin ETFs could lead to similar products for other popular cryptocurrencies. For example, we could see the approval of a new spotEthereum(CRYPTO: ETH)ETF sometime this year. If that gets approved, Wall Street might go hunting for other cryptocurrencies that are ripe for an ETF. Already, there have been murmurs about spot ETFs for bothXRP(CRYPTO: XRP)andSolana(CRYPTO: SOL).\nThat\'s just scratching the surface of what\'s possible. Back in January,BlackRock(NYSE: BLK)CEO Larry Fink told CNBC that the new Bitcoin ETFs could be the stepping stones to asset tokenization. This is a trend that has been discussed for several years, and might just end up becoming one of the biggest transformational changes in Wall Street history.Citigroupprojects asset tokenization to be a $4 trillion market opportunity by 2030, while the Boston Consulting Group (BCG) has identified this as a $16 trillion opportunity.\nBasically, asset tokenization refers to the process of converting traditional assets such as stocks and bonds into digital assets that live on the blockchain. On the surface, that might sound a bit redundant. But there are several big advantages.\nBy tokenizing assets, you can potentially improve transparency, liquidity and yield, while also reducing transaction costs. Moreover, it makes it a lot easier to track who owns what, given the properties of distributed ledger technology.\nAs a proof of concept, BlackRock recently launched a tokenized asset fund on the Ethereum blockchain. The BlackRock USD Institutional Digital Liquidity Fund ("BUIDL") will be backed by a mix of cash, U.S. T-bills, and repurchase agreements. Right now, it looks like the total value of the fund will be $100 million, and access will remain highly limited to qualified investors.\nAfter investing in the fund, institutions will receive a crypto token (called BUIDL) that has some very interesting properties. You can think of it as a stablecoin pegged to the U.S. dollar that is also capable of paying out a daily yield. You can also think of it as a synthetic dollar-denominated asset that is native to the blockchain. In short, it\'s a hybrid of both traditional finance and decentralized finance (DeFi).\nRight now, DeFi is the exclusive domain of crypto enthusiasts and highly sophisticated investors, so the goal is presumably to make this niche of the crypto world more mainstream. The company to watch here isCoinbase Global(NASDAQ: COIN), which created its very own blockchain (Base) last summer. This made Coinbase the first publicly traded corporation with its own private blockchain.\nOne goal of Base is to onboard customers to the world of DeFi without requiring them to know anything at all about DeFi. An example here is the so-called "Magic Spend" smart contract being created by Coinbase that will enable customers to gain access to DeFi investment opportunities (such as crypto staking) using cryptocurrencies they already own.\nThe only caveat, of course, is that the SEC could choose to get involved at any moment. It\'s one thing to launch a vanilla ETF, but another thing entirely to launch exotic crypto investments that might end up burning the uninformed investor. For example,if the SEC doesn\'t like the idea of crypto staking, it\'s hard to see how they\'re going to sign off on something called "Magic Spend."\nAs a prudent investor, you should certainly do your own due diligence before investing in any of these new products. Given that some of these products blur the line between traditional finance and decentralized finance, you need to fully understand what you\'re buying.\nThat being said, the new spot Bitcoin ETFs are an exciting first step. There\'s a lot more to come. For now, the companies I\'m keeping an eye on are BlackRock and Coinbase. They seem to be at the forefront of what\'s happening next in the race to create entirely new digital assets.\nShould you invest $1,000 in BlackRock right now?\nBefore you buy stock in BlackRock, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCitigroup is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\nAre Spot Bitcoin ETFs Just the Beginning for Wall Street?was originally published by The Motley Fool', 'The new spotBitcoin(CRYPTO: BTC)ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on some days have been more than $1 billion.\nOver the short term, these new spot Bitcoin ETFs will help to popularize the idea of cryptocurrency as a stand-alone asset class that deserves a place in your portfolio. Over the longer term, they could serve as the gateway to entirely new types of crypto investment opportunities. Let\'s take a closer look.\nMost likely, Wall Street firms will continue to explore other types of crypto ETFs they can offer customers. If you think of the current batch ofspot Bitcoin ETFsas the "vanilla" form of what Wall Street can offer, then we could soon see more exotic ETFs. There have already been applications for "inverse ETFs" that gain in value if the price of Bitcoin falls, as well as "leveraged ETFs" that enable investors to amplify their Bitcoin gains.\nThe early success of the spot Bitcoin ETFs could lead to similar products for other popular cryptocurrencies. For example, we could see the approval of a new spotEthereum(CRYPTO: ETH)ETF sometime this year. If that gets approved, Wall Street might go hunting for other cryptocurrencies that are ripe for an ETF. Already, there have been murmurs about spot ETFs for bothXRP(CRYPTO: XRP)andSolana(CRYPTO: SOL).\nThat\'s just scratching the surface of what\'s possible. Back in January,BlackRock(NYSE: BLK)CEO Larry Fink told CNBC that the new Bitcoin ETFs could be the stepping stones to asset tokenization. This is a trend that has been discussed for several years, and might just end up becoming one of the biggest transformational changes in Wall Street history.Citigroupprojects asset tokenization to be a $4 trillion market opportunity by 2030, while the Boston Consulting Group (BCG) has identified this as a $16 trillion opportunity.\nBasically, asset tokenization refers to the process of converting traditional assets such as stocks and bonds into digital assets that live on the blockchain. On the surface, that might sound a bit redundant. But there are several big advantages.\nBy tokenizing assets, you can potentially improve transparency, liquidity and yield, while also reducing transaction costs. Moreover, it makes it a lot easier to track who owns what, given the properties of distributed ledger technology.\nAs a proof of concept, BlackRock recently launched a tokenized asset fund on the Ethereum blockchain. The BlackRock USD Institutional Digital Liquidity Fund ("BUIDL") will be backed by a mix of cash, U.S. T-bills, and repurchase agreements. Right now, it looks like the total value of the fund will be $100 million, and access will remain highly limited to qualified investors.\nAfter investing in the fund, institutions will receive a crypto token (called BUIDL) that has some very interesting properties. You can think of it as a stablecoin pegged to the U.S. dollar that is also capable of paying out a daily yield. You can also think of it as a synthetic dollar-denominated asset that is native to the blockchain. In short, it\'s a hybrid of both traditional finance and decentralized finance (DeFi).\nRight now, DeFi is the exclusive domain of crypto enthusiasts and highly sophisticated investors, so the goal is presumably to make this niche of the crypto world more mainstream. The company to watch here isCoinbase Global(NASDAQ: COIN), which created its very own blockchain (Base) last summer. This made Coinbase the first publicly traded corporation with its own private blockchain.\nOne goal of Base is to onboard customers to the world of DeFi without requiring them to know anything at all about DeFi. An example here is the so-called "Magic Spend" smart contract being created by Coinbase that will enable customers to gain access to DeFi investment opportunities (such as crypto staking) using cryptocurrencies they already own.\nThe only caveat, of course, is that the SEC could choose to get involved at any moment. It\'s one thing to launch a vanilla ETF, but another thing entirely to launch exotic crypto investments that might end up burning the uninformed investor. For example,if the SEC doesn\'t like the idea of crypto staking, it\'s hard to see how they\'re going to sign off on something called "Magic Spend."\nAs a prudent investor, you should certainly do your own due diligence before investing in any of these new products. Given that some of these products blur the line between traditional finance and decentralized finance, you need to fully understand what you\'re buying.\nThat being said, the new spot Bitcoin ETFs are an exciting first step. There\'s a lot more to come. For now, the companies I\'m keeping an eye on are BlackRock and Coinbase. They seem to be at the forefront of what\'s happening next in the race to create entirely new digital assets.\nShould you invest $1,000 in BlackRock right now?\nBefore you buy stock in BlackRock, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCitigroup is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\nAre Spot Bitcoin ETFs Just the Beginning for Wall Street?was originally published by The Motley Fool', 'The "Magnificent Seven" stock club is almost a year old now, and some ofthe predictions that originally inspired itare playing out as expected. The "baby bubble" thatBank of Americaanalyst Michael Hartnett foreshadowed in May 2023 is losing some air.\nI\'m looking at you,Tesla(NASDAQ: TSLA)andApple(NASDAQ: AAPL).\nThe electric vehicle pioneer and the iPhone maker have underperformed theS&P 500(SNPINDEX: ^GSPC)index since the term Magnificent Seven entered Wall Street\'s lexicon. In fact, Apple investors have lost money on the stock since Hartnett first used the classic Western movie title in a public report.\nThey are still business giants with popular products and trendsetting market footprints. Apple holds on to its trendsetting status by sheer scale -- not many stocks can claim a $2 trillion market cap, after all.\nYet it might be time someday soon to rethinkthe Magnificent Seven components. Apple can regain its seat with another round of game-changing innovations and unheard-of product ideas (the Vision Pro headset probably won\'t do that job in 2024).\nAnd I think it\'s time to give the crypto market a seat at the Magnificent table. History suggests -- supported by planned technical upgrades to leading cryptocurrency systems -- that another massive price surge is coming up soon. To shrug off this incoming surge as if nothing is happening would be a big mistake.\nThat\'s why I\'d like to print a Magnificent Seven membership card forCoinbase Global(NASDAQ: COIN), North America\'s leading crypto exchange and digital assets promoter.\nThe Magnificent Seven combine amazing innovation and financial might. They dominate large-scale global markets with pioneering technologies and robust investment in research and development (R&D). As undisputed leaders in their fields, their significant impact on market indexes and clear growth trajectories can shape the future economy.\nCoinbase fits that description to a T. In fact, I would argue that the crypto wrangler\'s growth trajectory and R&D spending leave Apple far behind.\nThe company stands at the heart of the cryptocurrency revolution, perfectly placed to capitalize on these upcoming industry milestones:\n• With the upcomingBitcoin(CRYPTO: BTC)halving, historical trends hint at a potential uptick in market activity, drawing attention across the cryptocurrency landscape. This event, along withEthereum\'s(CRYPTO: ETH)stepwise upgrades toward a more scalable network, signals a pivotal moment for blockchain technologies.\n• The growing interest in Web3, with its focus on privacy, decentralized finance, and a more user-centric internet, further highlights the sector\'s potential for expansion. These innovations should generate increased market activity and broader investor interest over time. As a key platform offering access to important Web3 cryptocurrencies such as Bitcoin, Ethereum, andPolkadot(CRYPTO: DOT), Coinbase will undoubtedly benefit from this trend.\n• And the introduction of Bitcoin spot-price exchange-traded funds marks a significant leap toward integrating cryptocurrencies into the mainstream financial ecosystem. These developments not only underscore the market\'s maturity but also widen the investor base, channeling more transactions through platforms like Coinbase. Old-school banks are not ready to offer crypto transactions or digital wallets yet, giving Coinbase a huge head start in a digital economy.\nIn this rapidly evolving landscape of digital assets, Coinbase is strategically positioned to leverage the anticipated growth and increased adoption of cryptocurrencies. These technological advancements and regulatory milestones set the stage for an intense crypto drama over the next couple of years.\nGame-changing success is never easy, and Coinbase also faces many difficult challenges.\nThe regulatory rule book can change in a heartbeat, perhaps moving in different directions across various countries. The real-world pricing effects of Bitcoin halvings have been predictable so far, but there\'s no certainty that the next one will unleash the same results. Quantum computing might break the encrypted security model of Bitcoin, Ethereum, and other leading cryptocurrencies, forcing a brand-new technical design in the long run.\nI could go on, but you get the picture: Coinbase\'s near-term and long-term success could be quite likely, but I can never call it "guaranteed."\nBut that\'s why they play the game, right?\nOne investor\'s best idea can be another\'s darkest nightmare, and the price of any stock or cryptocurrency is negotiated to settle their differences of opinion. In the long run, the underlying business proves who\'s right and who\'s wrong. And in this case, I think Coinbase\'s growth prospects should lead to impressive shareholder gains in 2024 and beyond.\nAnd Coinbase will do it in a market-defining way with a heavy dose of innovation. That makes it a robust "Magnificent" candidate, ready to step in if and when Apple misplaces its membership card.\nAdding Coinbase to the Magnificent Seven vernacular just before the crypto market takes off again could make Wall Street analysts look like prophetic geniuses for a while. So move over, Apple, I think it\'s time to hand that seat over to Coinbase -- at least for a while.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nAnders Bylundhas positions in Bitcoin, Coinbase Global, Ethereum, and Polkadot. The Motley Fool has positions in and recommends Apple, Bitcoin, Coinbase Global, Ethereum, and Tesla. The Motley Fool has adisclosure policy.\nForget Apple: I Think This Stock Should Replace It in the "Magnificent Seven"was originally published by The Motley Fool', "Cryptocurrency may be controversial, but it has also become one of the most popular investment types. Nearly one-quarter (24%) of investors own crypto, according to a recentinvesting studyby The Motley Fool. That puts it ahead of bonds, index funds, and several other investment products.\nNot every age range feels the same about crypto. Here's a look at which generation is most likely to invest in it and how to decide if you should do the same.\nMillennials are the generation most likely to invest in crypto, and it's not a close race. Here's the percentage of each generation that said they own cryptocurrency:\n• Gen Z:22%\n• Millennials:43%\n• Gen X:23%\n• Baby boomers:8%\nCryptocurrency is a relatively recent investment option, so for the most part, these results are what you'd expect. Millennials are much more open to it than any other group, and baby boomers largely avoid it. The biggest surprise is Gen Z. As a whole, these young investors seem to be far more skeptical about crypto than millennials.\nCryptocurrency investing is a rollercoaster. These are extremely volatile assets, so large price swings are par for the course. Some large cryptocurrencies have failed entirely, withTerraform's Lunabeing one notable example. There have also been crypto exchanges, including FTX, that have gone under.\nThe bottom line is that crypto is a high-risk investment. It could be high-reward, too, but don't buy in expecting it to make you rich.\nBecause of how unpredictable and unproven crypto is, it shouldn't be your only investment or make up a large part of your portfolio. But there's nothing wrong with investing in it if you believe it has potential or you want to dabble in something more exciting. If you decide to invest, here are a few smart rules to protect yourself:\n• Don't put more than 5% of your portfolio in crypto.For example, if you have $20,000 in investments, stick to $1,000 or less in cryptocurrency. Any higher, and you're taking on too much risk with your investments.\n• Keep most of your money in safer investments.Stocks are one of the best options. The stock market has historically averaged a return of about 10% per year over the last 50-plus years.\n• Only invest money you can afford to lose.This way, you won't be in financial trouble if your investment drops in value, which happens often with crypto.\n• Plan to buy and hold for at least five to 10 years.The cryptocurrency market has gone through several bull and bear cycles. You're more likely to be successful if you're willing to wait out down periods.\nNow that the SEC has approved Bitcoin (BTC) ETFs, it's easier than ever to invest in crypto. If you already have an account with a stock broker, check if it offers cryptocurrencies or Bitcoin ETFs. If so, the most convenient option would be to invest through your current brokerage account.\nThe other option is to open an account with a crypto trading platform. You can compare the top options on The Ascent's list of the best crypto exchanges and apps.\nYou'll also need to decide which cryptocurrencies you want to buy. Bitcoin was the first cryptocurrency and, while still risky, is lower risk than other cryptocurrencies. You may also want to check out altcoins (cryptocurrencies other than Bitcoin) to see if any others look like interesting investments to you.\nOnce you've found a place to buy cryptocurrency and you know which ones you want, you can add money to your investment. Whether you decide to make a one-time investment or to do it regularly, remember not to put too much of your money into crypto. It's fine to have a little money in longshot investments, but most of your portfolio is better off in safer assets.\nThis credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee!Click here to read our full reviewfor free and apply in just 2 minutes.\nWe're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Lyle Dalyhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhich Generation Is Most Likely to Invest in Crypto?was originally published by The Motley Fool", 'Are you looking for ways toget into cryptocurrencythat don’t require spending any money? Investing in Bitcoin can be risky because of the\xa0volatility of the cryptocurrency market, but there are a variety of ways to earn some crypto on the side.\nCheck Out:6 Best ChatGPT Prompts To Find Your High-Income Side GigDiscover More:7 Unusual Ways To Make Extra Money (That Actually Work)\nHere are some o Last 60 Days of Bitcoin's Closing Prices: [42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-30 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,373,010,829,206 - Hash Rate: 640501144.9474928 - Transaction Count: 490072.0 - Unique Addresses: 614851.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday. • Given the market's thin liquidity, it could have had an outsized impact on bitcoin's price. Bitcoin's rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin's price. On-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.) "Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin's all-time high like on Tuesday." Park said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders. When that sell-off finally ended,bitcoin had bottomed outat $3,850. "That time, it was also miners," Park continued.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investors and traders may be congratulating themselves for a great first quarter.\nBut the smart money already is looking at what\'s coming next for stocks and the economy.\nBulls are in firm control of U.S. and most global markets. One could see them at work in futures trading late Sunday.\xa0Stock-index futures were uniformly higher, a sign that markets will open higher on Monday.\nThe bullishness is the result of the strength of the five-month old stock rally.\nThere were record closes on March 28 for the Standard & Poor\'s 500 Index and the Dow Jones Industrial Average and continued strength in stocks in the Nasdaq Composite.\nAt the same time, interest rates appear to have stabilized, and many analysts say markets can handle the Federal Reserve\'s patient policy toward cutting interest rates. (The Fed\'s mantra seems to be: "Yes, we\'ll cut\xa0—\xa0when we\'re ready.")\nA key inflation reading on Friday was above the Fed\'s goal of 2% inflation, but no one seemed terribly concerned about it. Early trading in oil futures suggests price increases are slowing for now.\nRelated: The Fed\'s stock market influence, like inflation pressure, continues to fade\nWhile investors will be watching overall markets closely, two other events this week will demand attention:\n• The bitter, emotional proxy fight for control of Walt Disney(DIS).\n• The monthly jobs report due Friday before U.S. markets open. The report can quickly move markets up or down.\nThe expectation on the jobs report is the U.S. unemployment rate held steady in March at 3.9%, with nonfarm payrolls growing by 205,000. A big gain could spook bond markets and send interest rates higher — and stocks lower.\nMonday\'s markets will also function as a report card on the March 28 report on consumer inflation.\nThe Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nHow good was the market in March?\nThe S&P 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P 500 set eight\xa0closing highs during the month and 22 in the first quarter. The Dow hit three (with a total of 17 year-to-date). Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month and 9.1% in the quarter.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials, up 6.2%.\nThe weakest sector was Consumer Discretionary, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month; retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChipmaker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It\'s still up 82.5% on the year.\nBitcoin finished March (on Sunday) at $71,024, up 14.4% for the month and 67% for the year.\nThe close, however, was 3.3% below bitcoin\'s closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat gives bulls optimism are four factors:\n• There are few signs the stock market is overbought. Relative-strength indexes are below levels that get traders\' attention.\n• There won\'t be a government shutdown.\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn\'t appear interested in raising them either. The 10-year Treasury yield moved up to as high as 4.33% from 3.9% at the end of 2023 but drifted back to 4.2% at month\'s end.\nThe big risks: An angry, disputed U.S. election in the fall and the risk of widening war in Europe or the Middle East.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will grab eyes and ears this week all the way into Disney\'s annual meeting, which starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday.\nThat\'s when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can\'t poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney\'s shares, and they may well decide the battle.\nSome small investors are in the game just to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and haven\'t sold.\nThe Disney fight is primarily with Trian Fund Management, led by the activist investor Nelson Peltz. Trian controls 1.8% of Disney\'s shares and wants to vote Peltz and a former Disney executive, Jay Rasulo, onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nThe fight gets more expensive by the day.\nPeltz has estimated he\'s spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about what he thinks of the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney\'s Marvel unit did produce "Black Panther" in 2018, which grossed $1.3 billion worldwide.\nPresumably, either of the groups trying to get on Disney\'s board would advocate strongly for trimmed production spending for Disney\'s entertainment assets and lower operating costs for its theme parks. And they\'d seek greater direct returns to shareholders.\nShutterstock\nDisney\'s shares struggled between an early 2021 peak of about $200, falling to as low as $79.33 on Oct. 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney closed at $122.36 on\xa0March 28, the last day of trading for the month.\xa0Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor\'s 500 Index.\nThe shares are up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Sunday, theAmerican Automobile Association\'s daily price surveyshowed the national price of regular unleaded gasoline at $3.535 a gallon, basically flat for the past 10 days but up 13.6% this year.\nOnly 137 fourth-quarter-earnings reports are due this week. Among the biggest is payroll-services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year earlier.\nThe first-quarter-earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; its shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024', "In theory, looking ahead at markets this week should be focusing on the big quarter just ended and what the prospects are for stocks and the economy.\nIn theory.\nBut a lot of attention will be paid to the bitter, emotional proxy fight for control of the Walt Disney Co.(DIS).\nAt the same time, there\xa0is a huge report that will move markets this week: the monthly jobs report due Friday before U.S. markets open.\nThe expectation is for the U.S. unemployment rate to hold at 3.9%, with non-farm payrolls growing by 205,000.\xa0 A big gain could spook bond markets and sent interest rates higher\xa0— and stocks lower.\nRelated: The Fed's stock market influence, like inflation pressure, continues to fade\nIn addition, Monday's markets will have to weigh whether a Friday report was good or bad. The Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nFed Chairman Jerome Powell said the numbers were in line with estimates. Markets won't weigh in until Sunday night.\nHow good was the market in March?\nThe Standard & Poor's 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P set eight new closing highs during the month. The Dow hit three. Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials up 6.2%.\nThe weakest sector was Consumer Discretionary stocks, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month, retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChip maker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It's still up 82.5% on the year.\nBitcoin finished March at $71,024, up 14.4% for March and a whopping 67% for the year.\nThe close on Sunday, however, was 3.3% below its closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat's next? Higher, most analysts believe.\nThere is great confidence among traders that the stock-market rally that started in October has the power to continue\xa0— absent a war or another bitterly fought federal election season like 2020.\nTwo factors one hears the traders cite:\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn't appear interested in raising them either. The 10-year Treasury yield moved up to about 4.33% from 3.9% at the end of 2023 but drifted back to 4.2%.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will increasingly grab eyes and ears all the way into Disney's annual meeting that starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday. That's when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can't poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney's shares, and they may well decide the battle.\nSome small investors are just in the game to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and just haven't sold.\nThe Disney fight is primarily between Trian Fund Management, managed by activist investor Nelson Peltz. Trian controls 1.8% of Disney's shares wants to vote Peltz and former Disney executive Jay Rasulo onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as the Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nPeltz has estimated he's spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney's Marvel unit did produce Black Panther in 2018, which grossed $1.3 billion world-wide.\nPresumably, either of the groups trying to get on the Disney board would advocate strongly for trimmed production spending for Disney's entertainment assets and lower operating costs for its theme parks. And greater direct returns to shareholders.\nShutterstock\nDisney's shares have struggled since peaking at about $200, in early 2021, falling to as low as $79.33 on October 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney's price as of March 28 was $122.36. Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor's 500 Index.\nMoreover, it's up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Saturday, theAmerican Automobile Association's daily price surveyshowed the national price of regular unleaded gasoline at $3.536 a gallon.\nOnly 137 fourth-quarter earnings reports are due this week. Among the biggest is payroll services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year ago.\nThe first-quarter earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'The crypto market has cooled off ever sinceBitcoin(CRYPTO: BTC)hit a new all-time high of $73,750 in mid-March, but the growing consensus is that this is just a temporary breather until the next big catalyst emerges. With that in mind, now could be a unique buying opportunity for cryptos ready to surge higher later this year.\nTwo cryptos that particularly stand out are Bitcoin andEthereum(CRYPTO: ETH). Both have enormous long-term upside potential, and both have near-term catalysts in place. Let\'s take a closer look at why Bitcoin and Ethereum should be on your radar right now.\nNo surprises here, but Bitcoin is at the very top of my "buy ASAP" list. That\'s because a major event for Bitcoin -- the halving -- is fast approaching. It\'s now scheduled to take place on April 19, and when it does, the price of Bitcoin could absolutely skyrocket. The growing consensus is that the halving could be the big catalyst that\'s needed to push Bitcoin past the $100,000 price level.\nIn fact, many investment analysts are now ratcheting up their price forecasts for Bitcoin. Standard Chartered, for example, has raised its 2024 price forecast from $100,000 to $150,000. Investment firm Bernstein recently raised its 2025 price forecast to $150,000. And Cathie Wood of Ark Invest has repeatedly raised her Bitcoin forecast, from $1 million to $1.5 million to $2.3 million and now $3.8 million.\nJust keep in mind, there is no guarantee that this year\'s halving cycle will be as impactful as previous ones. However, it\'s hard to ignore the historical track record for Bitcoin. There have been three previous halving cycles (in 2012, 2016, and 2020), and each one has led to new all-time highs for Bitcoin. As a result, there is a compelling case for buying Bitcoin ASAP before the 2024 halving cycle really kicks in.\nEthereumalso has a near-term catalyst that makes it a "buy ASAP" candidate. This is the potential launch of new spot Ethereum exchange-traded funds (ETFs). According to Bloomberg, there is a nearly 35% chance of this happening by the end of May.\nIf these spot Ethereum ETFs come anywhere close to the success of the newspot Bitcoin ETFs, then watch out. That\'s because the Bitcoin ETFs have been extraordinarily successful in persuading both retail and institutional investors to move their money into crypto. At one point in mid-March, the net inflows into these ETFs were running at the rate of over $1 billion per day. And that has helped to send the price of Bitcoin surging.\nThe same phenomenon could occur with Ethereum. Long story short, approval by the Securities and Exchange Commission (SEC) of a new investment product could unlock a huge inflow of new money into Ethereum. Granted, these Ethereum ETFs may never garner as much investor demand as the Bitcoin ETFs, but they will help to put a nice floor under the price of Ethereum for the foreseeable future. As investors ratchet up their allocations to Ethereum over time, the floor will continue to rise.\nAt this point, both Bitcoin and Ethereum probably sound like slam dunk investments. They both have surged in price more than 55% this year. They both have very near-term catalysts in place. And both have long historical track records that make them seem "safer" than other more speculative crypto investments.\nMy only concern is that the SEC could step in at any moment and put a real damper on the current crypto euphoria. The SEC could, for example, decide that it will not approve any more crypto ETFs. In addition, it might revisit the whole debate over whether or not Ethereum is actually a security, and that would likely take away any chance of seeing an Ethereum ETF before the start of summer. To use a common Wall Street metaphor, the SEC would be taking away the punch bowl before the party really gets going.\nThat\'s why I\'m also focusing on the long-term allure of Bitcoin and Ethereum. Together, they account for nearly 70% of the value of the entire crypto market, and for good reason. They are both market leaders with real-world use cases and extensive blockchain ecosystems. Their pace of usage and growth will only accelerate over time, and as a result, I\'m willing to buy them now and hold on for the long term.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n2 Cryptos I\'m Buying ASAP and Holding for the Long Termwas originally published by The Motley Fool', 'Cathie Wood of Ark Invest continues to ratchet up her price forecasts forBitcoin(CRYPTO: BTC). At the recent Bitcoin Investor Day event in New York City, Wood boosted her 2030 Bitcoin price forecast to $3.8 million from an already lofty figure of $1.5 million. Given today\'s price in the neighborhood of $70,000, that would be an eye-popping gain of about 5,300% within just six years.\nOn the face of it, the prediction sounds outlandish. However, there are two key catalysts that could eventually make it a reality.\nThe primary factor pushing Bitcoin to previously unthinkable heights is stronger than expected institutional adoption. Quite simply, large institutional investors are waking up to the idea of Bitcoin as a stand-alone asset class worthy of inclusion in their portfolios. With the launch of the newspot Bitcoin exchange-traded funds (ETFs), they now have a regulated way to invest in Bitcoin without having to participate directly in the crypto market.\nThe investor flows into the new spot Bitcoin ETFs since January have been nothing short of breathtaking. The top two spot Bitcoin ETFs have together accumulated more than $25 billion in customer assets in just over two months. And the newArk 21Shares Bitcoin ETF(NYSEMKT: ARKB)hasn\'t done too shabbily, either, with nearly $3 billion in assets under management. Granted, some of this money is coming from small retail investors, but the lion\'s share is coming from institutional investors.\nThe big question, of course, is just what fraction of their assets these institutional investors will choose to allocate to Bitcoin over time. Right now, the prudent allocation range is viewed as 1% to 3%. ButWoodthinks that this allocation will eventually rise to well over 5%. That percentage would be high enough, she asserts, to push Bitcoin past the $1.5 million mark.\nFor Bitcoin to hit its full potential, though, something more is needed. From my perspective, it\'s highly unlikely Bitcoin can get to $3.8 million if people are just hoarding it and holding on for dear life. People actually need to be doing something with their Bitcoin. In crypto lingo, Bitcoin needs to have some sort of utility.\nThat\'s why Ark Invest has consistently focused on all of the potential use cases for Bitcoin. From a macro perspective, growth in these use cases will drive greater demand for Bitcoin, which should buoy its price. In Ark Invest\'s "Big Ideas 2023" report, the investment firm outlined eight key use cases for Bitcoin, projected their growth potential, and then aggregated the market size of each for the year 2030. That\'s how Ark Invest arrived at its $1.5 million price target for Bitcoin.\nRapid price appreciation can only happen, says Wood, if Bitcoin becomes a "financial superhighway" for the world\'s banking and financial system. The construction of such a financial superhighway would be of particular importance, says Wood, to emerging market nations. So you can imagine a Bitcoin superhighway traversing Latin America or connecting the nations of sub-Saharan Africa.\nWhile this sounds inspiring, just how realistic is this scenario? After all, Bitcoin remains a relatively slow, proof-of-work blockchain that was never designed to handle smart contracts. It\'s not as fast as other blockchains, not as energy-efficient as other blockchains, and not as flexible or scalable as other blockchains. And that\'s why all the use cases that were originally projected for Bitcoin -- such as the scenario that one day we\'d all be paying for everything we buy with Bitcoin -- have not come true.\nFrom my perspective, it would be much better to build a financial superhighway using a super-fast, super-cheap blockchain such asSolana(CRYPTO: SOL). EvenCardano(CRYPTO: ADA)might be a better choice, especially given the inroads it has made in sub-Saharan Africa. So I\'m not quite as ready to embrace this financial superhighway view of Bitcoin as I was to embrace former Vice President Al Gore\'s "information superhighway" view of the internet.\nThe ability of Bitcoin to hit a $3.8 million price target depends on whether it can continue to deliver historically high returns to investors. Working backward, and doing just a few back-of-the-envelope calculations, Bitcoin would have to deliver annualized returns of just over 100% to hit a $3.8 million price by 2030.\nGranted, Bitcoin has done this before. Over the 10-year period from 2001-2011, Bitcoin delivered annualized returns of 230%, making it the top-performing asset in the world. And just last year, Bitcoin turned in a blistering performance of 150%. So I\'m not saying that Bitcoin can\'t return 100% per year.\nBut, at some point, you have to tamp down your expectations and cut through some of the current Bitcoin ETF euphoria. While I remain highly bullish on Bitcoin\'s prospects, I\'m also concerned that some of these price predictions are getting ratcheted up too high, too quickly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin and Cardano. The Motley Fool has positions in and recommends Bitcoin, Cardano, and Solana. The Motley Fool has adisclosure policy.\nThis Crypto Could Soar 5,300% by 2030, According to Cathie Wood of Ark Investwas originally published by The Motley Fool', 'Even withBitcoin(CRYPTO: BTC)soaring to new heights, and all the new enthusiasm surrounding the new spot Bitcoin exchange-traded funds (ETFs), the crypto industry is still struggling to attract new investors. According to theMotley Fool Ascent\'s 2024 Cryptocurrency Investor Trends Survey, the core demographic for crypto remains Gen Z and young millennial men.\nThat\'s particularly surprising, given that we keep hearing about crypto finally going mainstream. Even more surprising, one of the reasons offered by the skeptics for not investing in crypto is that it\'s too expensive. That\'s simply not the case. Here\'s why.\nThere are various ways to interpret cost as the reason for not investing in crypto. But probably the most likely interpretation is something that can only be described as Bitcoin sticker shock. Imagine the scenario: You finally make up your mind to buy a little Bitcoin, but you check the current price, and it\'s well above $70,000. Immediately, you decide that Bitcoin is not for you.\nBut that\'s a remarkably short-sighted view of the matter. For one, you don\'t have to buy a whole Bitcoin. It\'s just as simple to buy afractional share. In fact, many popular crypto trading platforms allow you to trade with as little as $1. For that small amount of cash, and given today\'s prices, you can be the proud owner of .00001 of a Bitcoin.\nSo buying Bitcoin is not like buying a brand-newTeslaCybertruck. Both might cost roughly the same, but there\'s absolutely no way you\'re driving a fractional Tesla Cybertruck off the lot.\nEven if you\'re averse to buying fractional shares of Bitcoin, there are still ways to bring down the cost of Bitcoin ownership. For example, you could get exposure to Bitcoin through any of the new spot Bitcoin ETFs. These track the performance of Bitcoin, and the two most popular spot Bitcoin ETFs -- theiShares Bitcoin Trust(NASDAQ: IBIT)and theFidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC)-- are still priced below $70. If you\'re dealing with Bitcoin sticker shock, this much lower entry price for a crypto ETF might be enough to help you get past the psychological barrier of a very high Bitcoin price.\nAnother way to interpret the "too expensive" excuse is that investors perceive Bitcoin to be overvalued at its current price. Given that Bitcoin just hit a new all-time high of $73,750 in mid-March, it\'s easy to see why some people might think it\'s better to wait for a pullback in price so that they can buy Bitcoin at a discount.\nWhile buying the dip is certainly a valid strategy for buying Bitcoin, I don\'t think most people have this in mind. Instead, they are probably thinking that it\'s simply too late to invest in Bitcoin. After all, Bitcoin has been on a meteoric rise from $1 to $70,000 during the past decade or so, and many might conclude that Bitcoin doesn\'t have as much upside potential over the next decade.\nBut that\'s not what the conventional thinking is on Wall Street right now. The growing consensus is that Bitcoin will hit $100,000 by the end of 2024, and $150,000 by the end of 2025.\nAnd from there, the sky\'s the limit. According to Cathie Wood of Ark Invest, the price of Bitcoin could hit $3.8 million by 2030. If you invest now, there\'s still the potential to make a nearly 50-fold return on your investment! So if anything, Bitcoin is undervalued, not overvalued, at its current price.\nThe real drawback to the argument that Bitcoin is overvalued is that it tends to force people into buying really, really, really cheap meme coins. With a few exceptions, many of these meme coins trade for well under $1. For example,Shiba Inu(CRYPTO: SHIB)trades for an unbelievably low price of just $0.00003.\nBut does anyone really think Shiba Inu is a better investment than Bitcoin? Does anyone really believe that loading up on dog-themed meme coins is a better long-term play than buying fractional shares of Bitcoin? If the answer is "yes," then I have a simple response: You get what you pay for.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has adisclosure policy.\nSome Skeptics Say Crypto Is Too Expensive. I Disagree, and Here\'s Why.was originally published by The Motley Fool', 'In this article, we will take a detailed look atInsiders Are Dumping These 12Financial Stocks.For a quick overview of such stocks, read our articleInsiders Are Dumping These5Financial Stocks.\nSeveral market analysts and experts now believe the stock market is headed for a pullback. They say valuations are stretched and the AI-led rally has gone too far and warrants a breather. A majority of investors in CNBC’s latest Delivering Alpha Stock Survey said the market is nearing a pullback. According to a latest Wall Street Journal report, Lori Calvasina at RBC Capital Markets said that they believe the current sentiment is “stretched” and a pullback in stocks is “overdue.” What direction the market takes in the coming weeks and months would depend Q1’2024 earnings. However, some analysts are seeing the expected pullback as a buying opportunity.\nPiper Sandler said in a latest report that it expects a “healthy” market correction” if macro data comes in weaker than expected.\n“We remain constructive with the view that lower rates from softer macro data will set up stocks for another leg higher in the coming quarters,” Piper Sandler analysts said.\nBank and financial stocks would be in the limelight in the coming weeks as the Fed prepares to start cutting interest rates. Deloitte said in areportearlier this year that elevated interest rates have been a “boon” for banks, with banks in America and Canada seeing a whopping 18% YoY increase in net interest income in 2022. However, the report said that margins took a hit amid rising costs of interest-bearing deposits for US banks. The report said that banks will have to find ways to boost their noninterest income this year:\n"Banks should prioritize noninterest income in 2024 to make up for the shortfall in net interest income. Noninterest income is expected to grow meaningfully in the next few years.\xa0Most banks will seek to raise fee income through a variety of channels, but they may face some constraints in doing so. Consumer-focused fees, such as overdraft fees, nonsufficient funds fees, and credit card late fees, could attract regulatory scrutiny.\nPhoto by AlphaTradeZoneMethodology\nIn this article we will take a look at some financial stocks that recently saw insider selling activity. For that we used Insider Monkey\'s insider trading screener to find financial stocks (banks, financial services companies, insurance companies, crypto companies) that saw insider selling over the past few weeks. From these we picked 12 stocks with the highest insider selling activity in terms of dollar value. Some top names in the list include Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME). \xa0But why is it important to keep tabs on hedge fund and insider activity? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund Investors: 3\nBitcoin mining company Stronghold Digital Mining CEO Gregory A. Beard on March 18sold35,896 shares of the company at $3.96 per share. Since then the stock is up 6%. The company\'s Senior VP Richard Shaffer on March 18 also sold 2,083 shares of the company at $3.96 per share.\nIn addition to SDIG, Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME) are also seeing insider selling activity.\nNumber of Hedge Fund Investors: 7\nFinancial services company NewtekOne Inc (NASDAQ:NEWT) is one of the financial stocks with recent insider selling activity. Salvatore Francis Mulia, a board member at NewtekOne Inc (NASDAQ:NEWT),dumped750 shares of NewtekOne Inc\xa0(NASDAQ:NEWT)\xa0on March 21 at $10.71 per share. Since then the stock price is almost flat.\nAs of the end of the last quarter of 2023, seven hedge funds out of the 933 funds tracked by Insider Monkey had stakes in NewtekOne Inc\xa0(NASDAQ:NEWT).\nIn a recent earnings call the company talked about guidance:\n"We’re excited about our 2024 forecast. We’re losing some amortization and depreciation. Pre-tax income jumped of hopefully 16 million for the calendar year, up from 12.9 million in the year [indiscernible]. The insurance agency, a nice increase. Now, the insurance agency and the payroll business are going to be benefiting from the bank relationship. So we hope to a) open up a ton of accounts where people looking to insure themselves, they see it, it’s there. We’ll talk in future calls about the connectivity between the agency and the lender, the connectivity between the payroll company and the lender, and both these entities in connection to the bank. Both of these entities are held up at NewtekOne at the HoldCo. Slide number 23, basically the key financial metrics projections for 2023 in the model, what we had for 2024 projection and forecast and what we did for 2023 for the quarter and the fourth and for the full year in 2023.\nRead thefull earnings call transcript here.\nNumber of Hedge Fund Investors: 13\nCryptocurrency-related platform and services company Bitcoin Depot Inc\xa0(NASDAQ:BTM)\xa0is one of the stocks in the financial industry that recently saw insider selling activity. Bitcoin Depot Inc\'s (NASDAQ:BTM)\xa0COO Scott Buchanan on March 21sold15,488 shares of Bitcoin Depot Inc\xa0(NASDAQ:BTM)\xa0at $2.59 per share. Since then through March 26 the stock has lost about 17% in value.\nAs of the end of the fourth quarter of 2023, 13 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Bitcoin Depot Inc (NASDAQ:BTM). Like BTM, Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME) also recently saw insider selling.\nNumber of Hedge Fund Investors: 15\nArkansas-based bank holding company Home Bancshares Inc (NYSE:HOMB) ranks ninth in our list of the financial stocks with recent insider selling activity. On March 21, Donna J. Townsell, SEVP and Director of Investor Relations,sold281,198 shares of Home Bancshares Inc\xa0(NYSE:HOMB)\xa0at $23.76 per share. Since then the stock price hasn’t seen any significant changes.\nClearBridge Small Cap Value Strategy made the following comment about Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) in itsQ3 2023 investor letter:\n“We made a number of moves within financials to favor banks with rising net interest margins, higher capitalization ratios and lower-risk securities portfolios. As a result, we exited positions in WesBanco (WSBC), Simmons First National (SFNC) and Webster Financial (WBS) in favor of several new additions, includingHome Bancshares, Inc. (Conway, AR)(NYSE:HOMB). A full-service financial firm offering commercial and retail banking as well as financial services to businesses, real estate developers and investors under Centennial Bank, Home BancShares operates bank branches in Arkansas, Florida, Alabama, Texas and New York. We believe Home BancShares increases our exposure to banks with relatively high net interest margins and lower interest-rate risk in their securities portfolios and we believe the company’s long history of excellent credit underwriting should serve it well if the economy tips toward a recession.”\nNumber of Hedge Fund Investors: 23\nMortgage guaranty insurance services company NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0saw insider selling activity on March 21 when its EVP and Chief Risk Officer Robert Owen Smithsold3,000 shares of NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0at $31.19 per share. The stock is up 0.3% since then.\nAs of the end of the last quarter of 2023, 23 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in NMI Holdings Inc\xa0(NASDAQ:NMIH). The biggest stakeholder of\xa0NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0is Howard Marks’s Oaktree Capital Management which owns a $139 million stake in NMI Holdings Inc\xa0(NASDAQ:NMIH).\nNumber of Hedge Fund Investors: 29\nCalifornia-based alternative investment manager Ares Management Corp\xa0(NYSE:ARES)\xa0is among the stocks that saw insider selling activity as Antony Ressler, the cofounder and executive chairman of Ares Management Corp\xa0(NYSE:ARES),unloaded78,242 shares of Ares Management Corp\xa0(NYSE:ARES) at $131.84 per share on March 15. On March 18, Ares’ CEO Michael J. Arougheti sold 39,664 shares of Ares Management Corp\xa0(NYSE:ARES). Since March 15, Ares Management Corp\xa0(NYSE:ARES)\xa0stock has gained about 1.99%.\nNumber of Hedge Fund Investors: 30\nBryan Smith, EVP at Nasdaq Inc\xa0(NASDAQ:NDAQ), on March 1sold2,064 shares of Nasdaq Inc\xa0(NASDAQ:NDAQ)\xa0at $56.29 per share. Since then the stock price has jumped about 10%.\nTimesSquare Capital U.S. Mid Cap Growth Strategy made the following comment about Nasdaq, Inc. (NASDAQ:NDAQ) in itsQ3 2023 investor letter:\n“In Financials, we prefer well-placed insurance companies and niche businesses while tending to avoid banks which face credit deterioration and rising deposit costs. Partially countering these positives wasNasdaq, Inc.(NASDAQ:NDAQ), which is engaged in trading, clearing, exchange technology, regulatory, securities listing, and company services. Its shares pulled back by -2% despite reporting an upside to consensus projections, driven by stronger trends in their solutions business.”\nClick to continue reading and seeInsiders Are Dumping These5Financial Stocks.\nSuggested Articles:\n• 12 Cheapest Stocks in Warren Buffett\'s Portfolio for 2024\n• 16 Best Financial Stocks To Buy According to Hedge Funds\n• Billionaire Investor Stan Druckenmiller and Insiders Are Piling Into These 11 Stocks\nDisclosure. None.Insiders Are Dumping These 12Financial Stocksis originally published on Insider Monkey.', 'Marathon Digital(NASDAQ:MARA) stock has a bearish outlook, with the stock actually down on the year. This comes asBitcoin(BTC-USD) hovers near an all-time high. One might wonder why this is. After all, the MARA stock price is directly tied to the value of Bitcoin.\nInvestors are factoring in the upcoming Bitcoin halving and its impact on prices. A 50% decrease in revenue is significant for a company like Marathon Digital unless Bitcoin keeps rising. For Bitcoin believers, MARA stock may be a buy.\nIn itsrecent quarter earnings report, Marathon certainly took a victory lap given its outstanding results.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company brought in more than $150 in net income alongside revenue of $156 million, with 15,126 Bitcoin held on its balance sheet at the end of the year.\nThose Bitcoin alone are worth well over $1 billion at the time of writing, supporting Marathon Digital’s $6 billion valuation.\nHowever, it’s the other $5 billion in the company’s valuation tied to future cash flows that remains uncertain, particularly if the upcoming halving event cut these numbers in half.\nMarathon Digital did announce in its earnings report a plan to boost margins and double its has rate by 2025. This strategic plan may require utilizing some of the company’s Bitcoin reserve, but would also mean the company won’t need to dilute shareholders or take on debt.\nSo, the question around this company’s future financial picture is: where do you see the price of Bitcoin in five years from now?\nAs a major Bitcoin miner, Marathonunveiled MARAFW and MARA UCB 2100, advanced firmware and control boards enhancing Bitcoin mining rigs’ performance and efficiency.\nAfter a year of development and testing, Marathon is implementing MARAFW across its 200,000+ mining rigs.\nAfter successful initial rollouts, Marathon extends MARAFW and MARA UCB 2100 to the wider Bitcoin mining community. The firm has sold these to multiple enterprise clients and now offers them to all interested miners.\nMARAFW, a customized firmware, optimizes Bitcoin miners’ chip settings for enhanced performance, efficiency, and stability.\nIt features hash rate optimization, auto-tuning, overclocking, underclocking, and intelligent thermal protection. MARAFW is compatible with most stock control boards and Marathon’s MARA UCB 2100.\nThese enhancements are certainly worth noting, and there’s a tremendous amount of innovation happening behind the scenes the market doesn’t appear to be factoring in right now.\nMarathon Digital’s path forward remains murky. There’s plenty of short interest around this stock, with so much uncertainty tied to the company’s future cash flow generation capabilities.\nThat said, considering the balance of risks, I think MARA stock looks like a buy at current levels, for those who think Bitcoin will continue to push past $100,000 per token by the end of the year.\nIt’s my view that MARA stock could actually be a better way to play Bitcoin’s potential rise than Bitcoin itself. Its leveraged nature essentially ensures this.\nOf course, it’s a risky bet. But those in the crypto sector aren’t scared of risk, especially considering the momentum in this space right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy MARA Is the Top Crypto Stock to Buy to Play Bitcoin’s Unstoppable Riseappeared first onInvestorPlace.', 'Marathon Digital(NASDAQ:MARA) stock has a bearish outlook, with the stock actually down on the year. This comes asBitcoin(BTC-USD) hovers near an all-time high. One might wonder why this is. After all, the MARA stock price is directly tied to the value of Bitcoin.\nInvestors are factoring in the upcoming Bitcoin halving and its impact on prices. A 50% decrease in revenue is significant for a company like Marathon Digital unless Bitcoin keeps rising. For Bitcoin believers, MARA stock may be a buy.\nIn itsrecent quarter earnings report, Marathon certainly took a victory lap given its outstanding results.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company brought in more than $150 in net income alongside revenue of $156 million, with 15,126 Bitcoin held on its balance sheet at the end of the year.\nThose Bitcoin alone are worth well over $1 billion at the time of writing, supporting Marathon Digital’s $6 billion valuation.\nHowever, it’s the other $5 billion in the company’s valuation tied to future cash flows that remains uncertain, particularly if the upcoming halving event cut these numbers in half.\nMarathon Digital did announce in its earnings report a plan to boost margins and double its has rate by 2025. This strategic plan may require utilizing some of the company’s Bitcoin reserve, but would also mean the company won’t need to dilute shareholders or take on debt.\nSo, the question around this company’s future financial picture is: where do you see the price of Bitcoin in five years from now?\nAs a major Bitcoin miner, Marathonunveiled MARAFW and MARA UCB 2100, advanced firmware and control boards enhancing Bitcoin mining rigs’ performance and efficiency.\nAfter a year of development and testing, Marathon is implementing MARAFW across its 200,000+ mining rigs.\nAfter successful initial rollouts, Marathon extends MARAFW and MARA UCB 2100 to the wider Bitcoin mining community. The firm has sold these to multiple enterprise clients and now offers them to all interested miners.\nMARAFW, a customized firmware, optimizes Bitcoin miners’ chip settings for enhanced performance, efficiency, and stability.\nIt features hash rate optimization, auto-tuning, overclocking, underclocking, and intelligent thermal protection. MARAFW is compatible with most stock control boards and Marathon’s MARA UCB 2100.\nThese enhancements are certainly worth noting, and there’s a tremendous amount of innovation happening behind the scenes the market doesn’t appear to be factoring in right now.\nMarathon Digital’s path forward remains murky. There’s plenty of short interest around this stock, with so much uncertainty tied to the company’s future cash flow generation capabilities.\nThat said, considering the balance of risks, I think MARA stock looks like a buy at current levels, for those who think Bitcoin will continue to push past $100,000 per token by the end of the year.\nIt’s my view that MARA stock could actually be a better way to play Bitcoin’s potential rise than Bitcoin itself. Its leveraged nature essentially ensures this.\nOf course, it’s a risky bet. But those in the crypto sector aren’t scared of risk, especially considering the momentum in this space right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy MARA Is the Top Crypto Stock to Buy to Play Bitcoin’s Unstoppable Riseappeared first onInvestorPlace.']... Last 60 Days of Bitcoin's Closing Prices: [42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-31 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,398,046,706,775 - Hash Rate: 566120366.8245583 - Transaction Count: 319675.0 - Unique Addresses: 546293.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Craig Wright's legal team denied the Crypto Open Patent Alliance's arguments in its closing argument Wednesday. • COPA took Wright to court last month to try and prove he is not Satoshi Nakamoto, the creator of Bitcoin. Craig Wright's team started its closing submissions on Wednesday by rebutting the Crypto Open Patent Alliance'sfraud allegationsagainst Wright in a trial that is set to find out whether or not Wright is Satoshi Nakamoto, the creator of Bitcoin. Anthony Grabiner, Wright's attorney, hit back at COPA's argument thatprivate signing sessionsWright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. He also argued that COPA's witness Patrick Madden's evidence was inadmissible due to his ties with COPA. Madden had testified that many of Wright's reliance documents had been altered "often with the apparent purpose of supporting his claims," a court document seen by CoinDesk showed. Grabiner later added that in Wright's defense, he had not said that his reliance documents hadnever been edited. COPA's counsel said in his closing statements on Tuesday that the evidence shared during the trial shows “beyond doubt” that Wright isn’t Satoshi. COPA's representatives also said they plan to ask U.K. prosecutors to consider if the computer scientist perjured himself during the trial. The results of the casecould have repercussions on other existing trials against crypto exchanges and developers. Wright's counsel will continue giving their closing statement on Thursday. Read more:COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up... - Reddit Posts (Sample): [['u/asphodyne', 'Fact check these assertions about Voyager bankruptcy tax treatment', 19, '2024-03-31 01:00', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1. VGX was liquidated at 8.5 cents per token on 6/4/2023. If your cost basis is higher, this results in a capital loss taken for tax year 2023.\n2. BTC and ETH and USDC were returned in-kind. There is no loss or gain until you sell. However the cost basis of these assets increased as a result of the bankruptcy recovery process.\n3. Future recoveries, withheld pending litigation, will not be distributed in-kind. They will be paid out in USD.\n4. If future recoveries are paid out in USD, this means that the tax treatment will be ordinary income in the year of future recovery, resulting in a less favorable tax treatment in most jurisdictions.\n\nAre all these statements true?', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1brwecy', [['u/LeftAct8968', 13, '2024-03-31 03:20', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/kxc55vi/', 'I just wanted to comment f Steve. Good luck 😂', '1brwecy']]], ['u/AxmKap', 'My Story / Crypto Ray', 321, '2024-03-31 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', "I was on a flight home from Frankfurt Nov-2021 sitting next to a guy named Ray and he was on his laptop looking at all these graphs related to various crypto currencies. We started chatting and he told me all about BTC. We probably went on for a few hours and he answered all my questions.\n\nFast forward about a week and I texted him that I bought my first piece of Bitcoin. Now obviously this was right off the former high and I spent 2022 questioning myself. But I never gave up - was only buying small increments because I needed money to get a place to live and more or less survive.\n\nNow my balance is about $8,600. I know that's peanuts compared to most of you but that's also about $4,600 profit I didn't have previously. Just wanted to share my story. Living expenses are a little tight and can't buy as much as I would like but enjoying the ride now after being negative all of 2022. 🙂 I returned to Frankfurt last year to visit so now the city holds dear to me and I haven't contacted Ray since the beginning but he will always be Crypto Ray. 😆", 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', '1brwgc5', [['u/marcio-a23', 33, '2024-03-31 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxby4pb/', 'Hodl this is going 10x soon', '1brwgc5'], ['u/anthonyevans777', 115, '2024-03-31 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbza79/', 'Crypto ray gone change ya life when you see $80k in your account', '1brwgc5'], ['u/AxmKap', 23, '2024-03-31 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbzn5v/', 'He\'s my "Mark Hanna". 😆😆', '1brwgc5'], ['u/AxmKap', 20, '2024-03-31 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbztup/', 'No plans to sell. 👍', '1brwgc5'], ['u/KiNGMF', 11, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3myp/', 'to think I missed the lows during 2020-2021 😞', '1brwgc5'], ['u/Melbonaut', 50, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3nms/', "If you've still got his details, msg him. He'll be stoked you've named him crypto Ray I'm sure.", '1brwgc5'], ['u/Deathdar1577', 16, '2024-03-31 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc8e48/', 'There will be future lows. Prepare now for them.', '1brwgc5'], ['u/LuLzWire', 18, '2024-03-31 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxccsu3/', 'Reminds me of when I was in a Car Dealership with a friend and my now ex about 6 years ago. Him and I were talking about crypto and one of the sales guys started talking with us... we told him all about it and he said he would go home and check it out. I gave him my number and told him to call me if he ever wanted to talk. About two years ago he called me thanking me because after our talk he put some money in and was doing very well now. He then started asking about a few random meme coins, I tried steering him true to the wind.. but not sure if he listened or nae... maybe in a couple more years Ill get another call.', '1brwgc5'], ['u/Sodo2024', 10, '2024-03-31 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxcmrjg/', 'Telling people about BTC is like telling them about Jesus. People won’t believe until they experience it for themselves.', '1brwgc5'], ['u/Appropriate-Tank4789', 13, '2024-03-31 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxdfzaq/', 'I used to work in a small company in the US. Back in 2014 I started to buy some BTC after I read a story about a guy in UK who cashed out his BTC and bought a house. I shared my purchases with my coworkers in the company but none of them bought any when I left the company in 2018. They always asked me how BTC was performing but no one was interested in it. I guess now they maybe regretting not buying it in early days.', '1brwgc5']]], ['u/rundown03', 'This is only the 4th halving of many to come.', 502, '2024-03-31 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', "But here's the kicker: we've only just hit the 4th one. That means we've got a whopping 29 more halvings ahead of us. A total of 33 halvings. That's a road stretching out into the future so far, we can't even see where it ends. Our mortal bodies won't allow us. Bitcoin will just continue to work forever.\n\nSure, Bitcoin has made headlines and drawn attention, but let's not forget that most people haven't even dipped their toes into it yet. There's still a whole world of potential waiting to be tapped. Just imagine all the companies fomoing into the ETF right when the next rip up will happen.\n\nSo, as we gear up for this next halving, let's remember: this is just the beginning. We're embarking on a journey with Bitcoin that's going to last for decades. And the best part? We're only getting started.\n\nThe people telling you we're early are indeed correct. ", 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', '1brwsbs', [['u/haplo_and_dogs', 392, '2024-03-31 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxby03w/', "Each halving is half as important.\n\n\nIt's like radioactive decay.\xa0 \xa0Every halving in the future summed together is vastly less important than a single halving that has already occurred.", '1brwsbs'], ['u/AGROCRAG004', 94, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1euc/', 'If this is truly your 4th time, there’s no way you’re not at least a millionaire by now right?', '1brwsbs'], ['u/InclineDumbbellPress', 873, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1g6b/', 'Look dude Im just trying to make it through the weekend', '1brwsbs'], ['u/WalterClements1', 31, '2024-03-31 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1vz8/', 'I can’t even plan ahead for tomorrow let alone the future man', '1brwsbs'], ['u/JynsRealityIsBroken', 68, '2024-03-31 03:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc2n3h/', 'Probably bought high, sold low each time', '1brwsbs'], ['u/distressedacorn', 170, '2024-03-31 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc33tp/', "“I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.”", '1brwsbs'], ['u/distressedacorn', 21, '2024-03-31 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc3hvh/', "We'll all be dead before the 29th halving, and that's assuming that quantum computers haven't made crypto irrelevant by then.", '1brwsbs'], ['u/FoozMuz', 28, '2024-03-31 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc416r/', 'I met a guy on his 4th cycle now and has gotten nowhere. Simply built different.', '1brwsbs'], ['u/alander4', 29, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc52q0/', 'That quote is precious to me', '1brwsbs'], ['u/r66yprometheus', 28, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc53pt/', "The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen.\n\nFrom what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.", '1brwsbs'], ['u/Smart-Racer', 33, '2024-03-31 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc60mg/', 'Halving is every time I buy something', '1brwsbs'], ['u/tiletap', 44, '2024-03-31 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc6sfk/', "I'm not convinced there's another way", '1brwsbs'], ['u/RevolutionaryPie5223', 38, '2024-03-31 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc71i4/', "I doubt each halving will propel bitcoin that much again, yes it will indeed go high and shock some people at times but it's not as dramatic as previously. My estimate is in my lifetime (many decades later) bitcoin will reach maybe 4-5 million so obviously still some upside but even then it's not a 1000x or even a 100x. Those days are over unless you want to take a gamble on alts.", '1brwsbs'], ['u/RevolutionaryPie5223', 15, '2024-03-31 03:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7cbq/', 'Tbh maybe half of people that I know who dabble into crypto few years ago lose money, reason is because they trade instead of having the patience to buy and hold.', '1brwsbs'], ['u/2LostFlamingos', 23, '2024-03-31 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7nvp/', 'Exactly. Let’s stop pretending that cutting from 6.25 to 3.125 is as impactful as cutting from 0.0488 to 0.0244.', '1brwsbs'], ['u/Big-Finding2976', 54, '2024-03-31 03:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7xhz/', 'BTC will get hacked by an AI-controlled quantum computer created by a rival Blockchain before it runs out of halvings.', '1brwsbs'], ['u/its_witty', 17, '2024-03-31 03:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc82et/', 'You can buy and hold and also get nowhere simply by buying the "wrong coins".', '1brwsbs'], ['u/Cryptolution', 17, '2024-03-31 03:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc9m7z/', "I'm on my 5th halving and I'm a trillionaire. Of course a Big Mac costs $75,000 so there's that.", '1brwsbs'], ['u/zangor', 18, '2024-03-31 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcba4x/', 'I’ve had so many chances to get rich so far. Hurts to know I screwed it up. In 2015, I was using BTC to buy….some stuff you could buy with it. So that kinda messed up my life trajectory. And then I was too risk averse to buy a bunch of BTC and put it in cold storage. Just had like 8 grand sitting there in my checking account from my crappy job that I accumulated over a few years. Sigh…hindsight game tho…', '1brwsbs'], ['u/r66yprometheus', 16, '2024-03-31 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcdxjs/', "What is generational wealth to an everyday average person in USD? I'd say $20M in assets.", '1brwsbs'], ['u/shostakofiev', 32, '2024-03-31 04:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcebmi/', 'Or put another way, the first halving was as significant as the other 32 combined.\n\nThe one in a few weeks is only 1/8th as big as that', '1brwsbs'], ['u/darwinlovestrees', 29, '2024-03-31 04:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcgy6s/', "I agree with that, but it's all relative, right? The price of Bitcoin at the first halving was, what, a few hundred bucks? At this halving it'll probably be around 60-70k. What if 0.0244 Bitcoin, from your example, is actually worth around the same as what 3.125 Bitcoin is worth today? In that case, BTC would be around 10 million.", '1brwsbs'], ['u/CryptoScamee42069', 16, '2024-03-31 04:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxchex7/', 'Bilboing intensifies', '1brwsbs'], ['u/janganberdiridekat', 17, '2024-03-31 04:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcidtc/', 'IMHO. Until people take bitcoin as a currency instead of an investment, it will never become mainstream. The goal was to become the new standard of money/value (please correct if my terminology is wrong), and although we have taken steps forward such as stores accepting crypto as payment, the vast majority of people think crypto to be an "investment", not a currency.\n\nWe\'re indeed early, but how far ahead can we go remains to be answered.', '1brwsbs'], ['u/whalecaller', 83, '2024-03-31 04:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxciz4v/', 'This took me out 🤣', '1brwsbs'], ['u/prince0fbabyl0n', 11, '2024-03-31 05:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcn3pl/', 'Money is three things \n-Store of value \n-medium of exchange \n-unit of count \nBTC was created after the 2008 financial crisis to be a good store of value so the average Joe does not get screwed by the government and banks again.\nWe can store our value in BTC and if we need groceries we sell abit for dollars (medium of exchange) bitcoin does not have to become currency to be successful.\n\nJust like gold, Gold is money too, but can you buy bread from the store with gold? The answer is yes sell abit of the gold for dollars and go get your bread.', '1brwsbs'], ['u/Dazzling_Marzipan474', 50, '2024-03-31 05:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcqa7c/', "Bitcoin is great and all but do people seriously think it'll still be around in 2140? It's almost impossible that a technology lasts that long. It will almost surely be replaced with something better.", '1brwsbs'], ['u/delphianQ', 46, '2024-03-31 06:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcvyw8/', 'This is what I keep telling people about the wheel.', '1brwsbs'], ['u/PeyroniesCat', 14, '2024-03-31 07:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcyf5h/', 'Take that back! You’re going to hurt this halving’s feelings!', '1brwsbs'], ['u/Lotex', 13, '2024-03-31 07:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd0166/', 'Damn, that is not crazy to think', '1brwsbs'], ['u/brisnatmo', 12, '2024-03-31 08:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd4cl6/', 'ProudFEET!', '1brwsbs'], ['u/RegretSignificant101', 30, '2024-03-31 08:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd5xec/', 'Bruh you can’t compare the wheel to bitcoin. I mean come on', '1brwsbs'], ['u/prkr88', 25, '2024-03-31 09:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd9skb/', 'I can only get so erect.', '1brwsbs'], ['u/JustKiddingDude', 10, '2024-03-31 09:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdbbgi/', 'Mind sharing these things you’ve read? Where does the 10 years come from? Seems a bit arbitrary.', '1brwsbs'], ['u/MortalJupiter', 10, '2024-03-31 10:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdfbmn/', 'Sweet!', '1brwsbs'], ['u/owenoneilluk', 18, '2024-03-31 10:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdfur6/', 'Source: trust me bro', '1brwsbs'], ['u/FuckerMcFuckingberg', 10, '2024-03-31 11:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdjtp3/', 'lol', '1brwsbs'], ['u/quicksilverbooya', 14, '2024-03-31 17:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxemons/', 'Sweet! What does mine say?', '1brwsbs']]], ['u/SeaOtterETH', 'Other than running a full node, anything normal people can do to help Bitcoin?', 27, '2024-03-31 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/', 'Been using Bitcoin since 2011-2012, but basically have nothing left after using it over the years (no real regrets). Recently I spun up a full node again to help the network and run a local block explorer.\n\nOther than keeping my node online and allowing others to sync the blockchain, is there anything normal people can do to help Bitcoin? I can do light coding, but clearly there’s nothing I could do to help core devs. The only thing I can think of is to make bitcoin related websites to help people understand the basics and not get scammed.\n\nI love the shitposting and making memes, but I have wanted to find ways to be more helpful. Wish I had helped earlier on when my skills would have been better utilized. ', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/', '1brxcf0', [['u/NiagaraBTC', 11, '2024-03-31 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/kxc5dul/', 'Is there a local meetup in your area? If yes - attend and help new people. \n\nIf there is no local meetup, start one!', '1brxcf0'], ['u/TrevReznik', 19, '2024-03-31 05:04', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/kxcjoki/', 'Encourage the fed to print more USD', '1brxcf0']]], ['u/Historical-Nerve-881', 'Best way to save / invest', 12, '2024-03-31 03:05', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/', 'Hey fellas. 30 year old male here. I recently started to change my life around and learn to save etc. I currently have 12 K saved . I work 6 days a week and bring home 250/300$ a day cash. I recently opened a Robinhood acc and put 300 in Btc and a Roth IRA with only 100$ invested in it so far. What’s the best way you would ration out the money I bring home everyday so I can save/invest to my best ability . Any ideas or insights will help . Just want to save and live comfortably. ', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/', '1brxtn2', [['u/Bagholder_', 11, '2024-03-31 03:16', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/kxc4lve/', 'I have an aggressive way of saving. I work two jobs, one of the jobs I make tips at. I direct deposit my wages into wealth simples cash account which gives 4.5%. Then I just live off my tips. If I don’t make enough in tips to have fun, then I’m not allowed to. \n\nSo I would say pretend half your money doesn’t exist, and immediately invest it. Then live off what you have left over', '1brxtn2'], ['u/nerdinden', 17, '2024-03-31 03:35', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/kxc7ey6/', '1. Maximize your Roth IRA.\n2. Move your $12K to a High Yield Savings Account.\n3. If you have to invest take a look at VTI, VOO, (r/bogleheads)', '1brxtn2']]], ['u/clicksanything', 'True wealth..', 66, '2024-03-31 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/', "Is not obtained from throwing $100 into btc hoping it will 100x in 6 month. If thats your expectation then full stop Bitcoin is probably not for you.\n\nDont get so excited about the movement in price.\n\nThe longer you hold on to bitcoin the more valuable its going to be when you actually want to spend it on something truly important and valuable to your life.\n\nIf you're young, this is the time to buckle down and buy as much bitcoin as you can, keeping it safe, learning as much as you can, find ways to earn as much as you can whether its a job that pays in btc or providing services that you can earn btc for, and then HODL.\n\nKeep a long time horizon, keep stacking and your future self in 10 years will thank you.", 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/', '1brxxsw', [['u/R3dFiveStandingBye', 32, '2024-03-31 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/kxc6efn/', 'I don’t think anyone expects bitcoin to reach $7 million in 6 months but I agree with your points', '1brxxsw'], ['u/19YoJimbo93', 25, '2024-03-31 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/kxc727y/', 'If it isn’t 14 mil in 3 months, I’m out.', '1brxxsw']]], ['u/verseviking2', "My grandma has lost thousands and still won't believe us", 136, '2024-03-31 04:10', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/', "So I think my grandma is the victim of a pig butchering scam and my mom and aunts and uncle haven’t really realized or started to help until now, when it seems like it might be too late. For context, she’s in her mid 70s and had a well paying job that she will be retiring from soon, and hence, she’ll also be selling a house and a building with other colleagues soon, so the scammers know she’s coming into more money soon. My grandma lives in the Midwest and has had boyfriends that usually last a few years at a time, and she just recently broke up with her last one around July of last year.\n\nJust a little after in September, apparently she started talking to somebody online and my mom and her other kids didn’t think much of it. However, as time went on and she never met the guy, they became more suspicious of it and my mom made sure to warn her to never send money if the guy ever asks. But the scammer posed themself as a rich traveling businessperson (to explain the phone numbers changing constantly/the spoofing), and just the past couple months began having her send him money after telling her about his successful “investments”, promising to send back even more. She trusts him so much that even after sending many large thousand dollar payments and receiving nothing back, she still sent more, in total now almost 30 thousand!!! Despite the scammer having her send it in a multitude of ways, gift cards, money transfer, cash in magazines sent to an address in Colorado, and trying to get her to buy bitcoin, she sees nothing suspicious about it.\n\nSo now we've tried everything we can to try to convince her not to send any more money and prove it's a scam. Showing her videos, like the Jim Browning video on pig butchering, having friends who were previous victims of similar scams talk to her, and even had the FBI agent that my mom contacted talk to her, and she won't believe any of them. Through just 8 months or so of grooming, the scammer has gotten her to trust them more than any member of her family, friends, FBI agents, and any sort of logic. My grandma has always been a bit of a skeptic and is pretty right leaning, supporting Trump, Elon Musk, etc. and yet now, she even believes the scammers when they make fake Facebook profiles pretending to be Elon Musk, telling her to continue to invest, etc. We've tried checking the phone numbers and WhatsApp, but the numbers constantly change and are from all over the place, New York, Oklahoma, Colorado. \n\nAt this point, we're not sure how to convince her or if she just has to realize herself, but we'd like to stop her before she throws away hundreds of thousands more. The hard part in trying to do anything forcibly is none of my mom or her siblings are anywhere near her and would have to fly over there just for that. She does have a personal assistant who helps her with everything, including technology stuff, and has been relaying this info to my mom and family, as she's also worried about my grandma, so there could be a way she can help. We've thought about faking an account and messaging as Trump or Musk ourselves or maybe a deepfake video or voice message, telling her its a scam, there's no investment, and to ask the scammer to send a pic of themselves they wouldn't be able to provide. But apart from that, or trying to get her to change her number so they have no way to contact her, we have no ideas on how to convince her or stop her from sending more money. Is there anything else we can do? Any ideas on how to convince someone extremely engulfed in a pig butchering scam before she sends thousands more? Would appreciate any help you guys could provide, thank you!!", 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/', '1brz54j', [['u/Yespowerup', 29, '2024-03-31 04:39', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcgcwl/', 'Tell your grandma to ask the scammer to have a video chat and to meet up in person. If the scammer cannot do either, then your grandma needs to wake up, believe he is a scammer and then cut off contact with the scammer. Also, show your grandma articles of people losing few hundred thousands to millions to this horrible scam. Hopefully, that wakes her up.', '1brz54j'], ['u/Aggressive-Ad-7479', 95, '2024-03-31 05:02', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcjgim/', 'File a petition with the court to have a guardian appointed, she clearly can no longer manage her affairs.', '1brz54j'], ['u/bugaloo2u2', 63, '2024-03-31 05:06', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcjze0/', 'If you are unable to take control of their finances via the court, then I think no 3 is the big one. When mom, dad, or granny refuse to listen in the face of overwhelming evidence, tell them that you will not be there to bail them out once the scammer has taken everything. They will end up homeless and you will not be able to help them…at all.\n\nAnd then follow that by going no contact.', '1brz54j'], ['u/Florida1974', 24, '2024-03-31 05:41', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcodnf/', 'That’s a conservatorship. Go to move these days. \nPower of attorney is much easier.', '1brz54j'], ['u/PositiveLawfulness88', 22, '2024-03-31 05:52', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcpsrl/', 'My husband is also deep in a scam right now. He also refuses to believe it is a scam. He can’t withdraw his money without first paying back a $500k loan with “new money.” And that hasn’t been enough to convince him. So the withdrawal might not work on grandma. When they tell her she needs first to pay taxes she may believe it. Often they do until they run out of money. \n\nI’m playing the meeting angle right now. The whole scam started after an in person meeting in New Orleans last October. My husband has been talking about going out to San Fran to meet him in 2 weeks. His loan payment is due April 4. I suggested pushing for a delay in the loan repayment (they already gave him one extension) and then seeing what his mentor does about the SF meeting. Not that I think he would actually meet him but I want the cops there!', '1brz54j'], ['u/desert_foxhound', 28, '2024-03-31 05:59', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcqnd0/', "The meeting will be cancelled by the scammer. Sometimes the victim is caught so tight that there's no helping them. Protect yourself financially as much as possible. Sometimes divorce is the only way to stop him giving everything to the scammers.", '1brz54j'], ['u/Yespowerup', 10, '2024-03-31 06:18', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcsxgh/', 'I am sorry to hear your husband is deep into this scam now. Tell your husband to not pay any more money to that ‘platform’. Paying ‘fees’ will not get his money out. He had to contact law enforcement. And the scammer will not meet your hubby in person.', '1brz54j'], ['u/KaonWarden', 14, '2024-03-31 07:05', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcy1id/', 'This sounds more like a !romance scam rather than the usual pig butchering. In your particular case, it’s going to be difficult to apply some of the advice given here, since your grandmother is still successfully in business. The scammer grooms his victims to cut other emotional ties, so in-person contact is very important.', '1brz54j'], ['u/nomparte', 19, '2024-03-31 07:19', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxczeol/', "I agree. It might be shocking to them, but that's probably what they need to snap them out of that dream state.", '1brz54j'], ['u/LivefromPhoenix', 37, '2024-03-31 09:54', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdclwc/', "Very unlikely OP would be able to get either option. OP's grandma is capable enough to live independently while working and handling various business ventures. That's not the kind of person courts would want to strip power of their finances from, especially if grandma is predictably uncooperative.", '1brz54j'], ['u/Impossible-Title1', 10, '2024-03-31 09:58', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdcz5p/', 'Time for financial conservatorship.', '1brz54j'], ['u/No-Replacement4073', 13, '2024-03-31 13:04', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdrdw3/', 'The only probably with a POA, it doesn’t stop them from still spending their money however they want. They still have full access to do as they wish with their money. A POA just gives another person the ability to act on their behalf in the ways laid out in the POA.\xa0', '1brz54j'], ['u/magicmulder', 17, '2024-03-31 13:50', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdvshe/', 'If the grandmother already doesn’t believe her family over the fake romance, chances are those actions will only convince her the family is “just after my money”.', '1brz54j'], ['u/Seat-Life', 33, '2024-03-31 14:10', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdxudx/', "I'm dealing with this same reality. Pops died last year and it's affected mom quite a bit.\n\nMy mom is 76. I just found out from APS that she has sent 200k to a guy she's never met. \n\nCops won't do anything but tell her it's a scam and mom refuses to believe anyone but this man she's never met. \n\nQuite honestly it's driving me towards a full mental break.\n\nI lost my college fund to enron, going to lose my inheritance to some guy talking sweet nothings to my mom over VOIP. \n\nI've come to the conclusion I can't do anything to help her. She passes cognitive tests when given them and refuses to accept that he's not coming to visit. \n\nQuite bluntly my mother failed herself by refusing to accept dementia runs in the family and setting up proper means for my sister or I to administer aid in situations like this. She thought she would never get dementia or need help and now we can't do much of anything except watch it happen. \n\nThe bank called APS, but it also allowed her to take hundreds of thousands of dollars out in a credit line against the home. \n\nAt the end of the day all I can do is try to do damage control, but with 2 tied hands a blindfold on theres really nothing I can do but struggle, suffer and wait.", '1brz54j'], ['u/cat8mouse', 11, '2024-03-31 17:00', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxel1lt/', 'It doesn’t sound like she’s cognitively impaired. It also sounds like you’ve tried many ways to convince her that she’s the victim of a scam. I know it’s hard to watch but she’s an independent adult who has her own agency and rights. I don’t think you should make a fake video to convince her she’s part of a scam. I don’t think you should “trick” her to protect her. Keep communication open. Keep trying to convince her but, in the end, it’s her right to live her life the way she wants. Unless she’s impaired she has the right to do what she wants.', '1brz54j'], ['u/iheartinfected', 13, '2024-03-31 17:56', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxeu4h4/', "It's not - they typically double down", '1brz54j'], ['u/Fogmoose', 12, '2024-03-31 18:34', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxf0gxb/', "The sad answer is you can't do anything. People like your grandma are a scammers dream, and she is going to continue to deny until she herself decides she has wasted enough money or until she goes bankrupt. Think of it like a drug or alcohol addiction, because it's exactly the same thing, just without the DWI's and stumbling around. The more you and your family try to convince her she is living a fantasy, the more she will hunker down in her bubble of crazy. Millions of people are going through similiar things with family members. It's ironic that they are messaging her pretending to be Trump, who is the biggest and sadly most successful scammer of them all. Welcome to the world we live in in 2024.", '1brz54j'], ['u/Head_Rate_6551', 11, '2024-03-31 19:27', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxf9grj/', 'Tell her to ask the scammer to send her $500 because she’s in a pinch and needs it right away. He can take it out of her “investments”', '1brz54j']]], ['u/Night_lon3r', 'Where to saves', 56, '2024-03-31 04:27', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/', "20ish singles here , work at retail from 8.30am to 3pm , rm2100 monthly salary, my expenses are phone bills and insurance, ptptn , gym membership etc ,commitments around rm800\n\nlive at my parents home and company provided transport and lunch ,work place is just 5 minutes drive from parent house. \n\nSo I can accumulate atleast rm800 free money per month \n\nI used to think to switch job but then I realised I could use this short working hour to learn other skills , not looking to get into relationships or having kids. Just look to get not ended up in the streets.\n\nI have bought some online course to learn some programming language and learned Japanese language(although I don't know how this is going to benefits me , just interested I guess) \n\nSo yeah , rm800 per month , used to buy some in bitcoin in luno but then it crumbles few years back and lost some money , saw a post people say versa is a good choice , hope to know get more options as I have zero knowledge about savings and investment. \n\n\n", 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/', '1brzgyi', [['u/boredomXOX', 43, '2024-03-31 04:38', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcg7sq/', '- ASB/ASM (Annually 4%+)\n- GXBank (3% interest rate daily)', '1brzgyi'], ['u/mzamonster', 89, '2024-03-31 04:52', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxci2w3/', 'Man.. working 8.30am to 3.00pm sounds sweet.', '1brzgyi'], ['u/razorblade3711', 11, '2024-03-31 05:24', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcma8q/', 'Best advice here\n\nIf you don’t have emergency fund saved up- 80% on gx bank bank, 20% on asnb \nElse-80%asnb 20%gx bank', '1brzgyi'], ['u/Chemical-Ad-6886', 21, '2024-03-31 06:57', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcx6y3/', 'learning japanese is actually secretly op. Been seeing a lot of jobs that requires conversational japanese paying 6-8k per month. Do keep it up with that', '1brzgyi'], ['u/username5471234712', 23, '2024-03-31 07:00', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcxipo/', "lol its not 3% daily interest. it's daily compounding, at a 3% or 5% pa", '1brzgyi'], ['u/AngeLMari', 24, '2024-03-31 07:04', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcxyz0/', "8.30 - 3.00 is like going to school\n\nYou're a lucky guy with that kind of work hours", '1brzgyi']]], ['u/Which-Occasion-9246', 'A few questions about BCH', 23, '2024-03-31 05:27', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/', "I initially joined this sub believing that it would have discussions about BTC, latter on learning that it is open to discussions of all forks of bitcoin (which is great, I love the openness). In the process, I am learning about bitcoin history and challenging what I believe in.\n\nI have a few questions about BCH, which might have been posed before, so apologies if that is the case. \n\n\\- BCH is a solution for payment between individuals. Do you see this as being a deterrent in its adoption by big entities/governments or even, being banned altogether? As far as I can see BTC is becoming less used for that purpose whilst it is widely adopted as a reserve of value. The fact that money goes through the exchanges who have to comply with KYC laws makes it harder and harder to be misused for illicit transactions that will trigger. I believe that in part, the KYC laws is what has allowed BTC.\n\n\\- I understand that BCH's dynamic block sizes provide benefits in its throughput. But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption? Other newer architectures provide order of magnitude throughputs with much smaller fees (of course, there is always a cost and they don't provide the decentralised resilience of bitcoin).", 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/', '1bs0n9k', [['u/OlderAndWiserThanYou', 26, '2024-03-31 06:46', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxcw1z9/', "> BCH is a solution for payment between individuals. \n\nBTC was also this, and technically speaking can still be used for this, just by a lot less people than originally planned.\n\n> I believe that in part, the KYC laws is what has allowed BTC to be more widely accepted.\n\nUnless I am missing something the on/off ramps are mostly the same for both.\n\n> I understand that BCH's dynamic block sizes\n\nNot sure what you mean here, 100%. If you are referring to the forthcoming Adaptive Blocksize Limit change, then it's not functional yet. However, blocks can and do vary in size already subject to demand. The only reason BTC's blocks don't really vary in size is because it's saturated (reached the limit).\n\n> But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption?\n\nThe core architecture of the base layer is similar between BTC and BCH. I'm not sure how de-centralized Bitcoin (BTC) is when [three mining pools control well over 50% of the hashrate](https://coin.dance/blocks#thisweek).\n\nIt's good that you are asking questions. Please keep doing so. That's what this group is for.", '1bs0n9k'], ['u/Sapian', 19, '2024-03-31 07:54', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxd2q54/', "BCH is decentralized. And don't think you're gonna find something faster or cheaper that doesn't make serious compromises. \n\nSatoshi's original plan was to slowly increase the blocksize, he said early on in chats/forums. If it wasn't late I could go find the posts, but I'll have to do it later. So basically BCH is sticking to the original plan, measured scaling to keep fees low, so much of the world can use it not just the rich.", '1bs0n9k'], ['u/bitcoincashautist', 11, '2024-03-31 09:08', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxd918g/', ">Other newer architectures provide order of magnitude throughputs with much smaller fees (of course, there is always a cost and they don't provide the decentralised resilience of bitcoin).\n\nBitcoin-tech UTXO architecture scales, and right now the technologically safe limit is about 200 MB at which point pools could start exploiting delays in block propagation and centralize. That's about 800 TPS, which our current tech could do even now 100%. Our limit is lower tho, 32 MB + ABLA (once it activates) which could give us like +1.5x/yr but only if adoption actually comes, not before, giving everyone time to work out things as we grow.\n\nThere will be challenges on the way, sure, but fundamentally they're all solvable, and will be solved once incentives are there: adoption increases blocksizes, increases price, brings in more people capable of working out problems.", '1bs0n9k'], ['u/TaxSerf', 13, '2024-03-31 10:26', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxdf4f6/', "> BCH is a solution for payment between individuals\n\nBCH is peer to peer money for EVERYONE without discrimination\n\n> Do you see this as being a deterrent in its adoption by big entities/governments or even\n\nWe hate and don't care about governments and banks. Ultimately, these will have no choice but get involved if enough people adopt and use BCH.\n\n> being banned altogether?\n\nIndependent functional p2p money does not give a shit about laws and governments.\n\n> But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption?\n\nThis seems like the old Blockstream lie claiming that capacity hurts decentralization, which could not be further from the truth.\n\nAsk yourself, can you achieve better decentralization when you limit the number of participants and kill all utility?", '1bs0n9k']]], ['u/cryotosensei', 'Why do you think the SEC is inclined towards not labelling Ethereum as a security?', 30, '2024-03-31 05:30', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/', '\nLast year, the SEC filed lawsuits against Binance and Coinbase and declared “war” on 19 cryptocurrencies by wanting to classify them as securities. Amidst this regulatory crackdown, Ethereum seems to have stayed unscathed. On a Congress hearing, Gary Gensler refused to answer point blank in regard to whether he thought Ethereum is a security. The exposed documents from William Hinman - a director of corporation finance at the SEC - which were published during the SEC vs Ripple court case also revealed that he declared Ethereum isn’t a security. \n\nSo it seems like the SEC will categorise BTC and ETH differently from other cryptocurrencies (as of now). This is strange because Ethereum has similar origins as some of these 19 tokens. Solana and Cardano are based on the same proof-of-stake mechanism. Polygon’s MATIC is an Ether scaling token & AXS and Sand are play-to-earn tokens built on Ethereum during the ICO boom.\n\nMy question, do you think it’s because ETH is sufficiently decentralised or it is more a case of the clout Vitalik Buterin enjoys in the crypto space - and by extension, the broad support he gets from developers working on many kinds of Ethereum smart contracts & decentralised applications?', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/', '1bs0pe5', [['u/XWarriorYZ', 11, '2024-03-31 05:48', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/kxcpd2i/', 'Maybe there is trouble setting the precedent that the SEC can retroactively declare something a security that isn’t a security at this point as a security even if it started with qualities that are inherent to securities.', '1bs0pe5'], ['u/420weedscopes', 10, '2024-03-31 08:39', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/kxd6m20/', 'The CFTC has already labled and classifies ETH as a commodity. For the SEC to label it a security they are stepping on the toes of another federal regulator. This would be big drama between two regulators who are supposed to be working together.\n\nThe CFTC is the one who regulates and has jurisdiction on commodities and regulated ETH futures have been trading for a few years now on the CME.', '1bs0pe5']]], ['u/megability', 'Has anyone used this new Bitgree service? (replacement for Purse.io) ??', 18, '2024-03-31 05:47', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/', 'Roger’s book links to it, for purchase through Amazon but able to pay with BitcoinCash, I’m trying it now and already have a buyer and at a 10% discount 👍🏼', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/', '1bs1160', [['u/megability', 16, '2024-03-31 05:48', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxcpa6l/', 'www.bitgree.com', '1bs1160'], ['u/Sapian', 11, '2024-03-31 06:44', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxcvu7u/', 'I have.', '1bs1160'], ['u/emergent_reasons', 13, '2024-03-31 08:54', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxd7vro/', 'Has worked flawlessly for me many times.', '1bs1160'], ['u/JonathanSilverblood', 17, '2024-03-31 09:35', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxdb5sq/', "I have, multiple times. I think it's a good step up from purse.", '1bs1160']]], ['u/WeakDrink7389', 'Why buy MSTR instead of BTC despite the premium?', 22, '2024-03-31 05:53', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/', 'Beside the reasons you have repeatedly read, here is my perspective:\nReason 1:\nLet’s say you bought MSTR at the last cycle top around $1000. Premium was 6x back then. Despite that, you are up about 70% now.\n\nOn the other hand, if you had bought Bitcoin at the top ~ $69k, you have just made your money back. \n\n\nReason 2: \nNo other entity can buy 1% of Bitcoin total supply without increasing the price by at least another 2x.\nWhen ETF started, price was around $40k. We are at about $69k now.', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/', '1bs14xl', [['u/peppaz', 28, '2024-03-31 06:45', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxcvyyi/', "Because vanguard won't allow me to buy BTC in my IRA and roth", '1bs14xl'], ['u/Machinedgoodness', 10, '2024-03-31 07:19', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxczepy/', 'I’ll be honest I don’t think anyone cares about that part right now. But it may come into play soon', '1bs14xl'], ['u/BadboyBengt', 10, '2024-03-31 08:20', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxd4zz5/', 'Because MSTR is the only bitcoin proxy I can buy in a tax favourable account.', '1bs14xl'], ['u/TheSource777', 19, '2024-03-31 09:10', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxd95ph/', 'These answers are all terrible lol.\n\nThe real answer is that etfs exactly trade at btc price while MSTR can be forward looking based on future bitcoin price, and MSTR keeps increasing its bitcoin stack to market maker levels. How much of a premium does that justify? Depends on your thoughts.', '1bs14xl']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, March 31, 2024', 33, '2024-03-31 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bs1a1o/daily_discussion_sunday_march_31_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While cryptocurrency has surged in popularity in recent years, only a minority of Americans have actually traded it. Among themost popular cryptosareBitcoin, Ethereum and Cardano, each of which has seen a lot of action as prices rise and fall. The appeal for traders? The potential to make significant money on the volatility of these highly speculative assets.\nIncreasingly, traders have more and more ways to accesscryptocurrencies. New exchanges and trading platforms have started in response to the wide interest in crypto. In fact, you may already have an app on your phone that lets you trade. For example, if you have the PayPal or Venmo apps, you can buy and sell at least a few different cryptocurrency coins. But other apps and exchanges give you access to a wider selection of cryptocurrency — there are literally thousands — or they offer other benefits such as lower cost.\nBelow are some of the top apps and exchanges for crypto trading and some of the key things you need to know.\nThe platforms below include specialized crypto exchanges,online brokers, and cash and payment apps. We’ve included pricing as well as how many coins you’re able to trade, so you can get a sense of the scope of each app or exchange.\nIf you’re interested in trading the largest cryptocurrency, Bitcoin, exclusively, it may not make sense to go with an app that offers you dozens of other coins. On the other hand, if you’re looking to trade whatever is hot at the moment, consider an app or exchange with more variety.\nBinance.US, which is the American arm of the larger Binance organization, is one of thebest crypto exchangesbecause of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders. Plus, if you use Binance’s in-house coin, BNB, to pay trading fees, you’ll get a discount of 5 percent.\nYou’ll also be able to trade more than 150 different cryptocurrencies at Binance, so you shouldn’t have any trouble finding what you’re looking for, especially if you just want to trade the most popular coins.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe.\nIn November 2023, Binance and Zhao pleaded guilty to separate federal charges and agreed to pay $4.3 billion in fines. Zhao also agreed to step down as CEO of Binance. The SEC’s case is ongoing.\n• Cost:Free for Bitcoin, but fees for less-common coins start at 0.57 percent and decline for high-volume traders. A 5 percent discount is available if you pay trading fees with BNB.\n• Coins available to trade:More than 150 coins including Bitcoin, Ethereum, Solana, Cardano and more\nCoinbaseis a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. But what will you pay for using the basic service? Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website.\nWhen it was visible, the fee structure was complex, to say the least. You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Cost:Typically at least 1.99 percent (lower with Coinbase Advanced Trade)\n• Coins available to trade:Hundreds, including Bitcoin, Ethereum, Cardano and Solana\nThe brokereTorois all crypto, all the time (at least for American traders, though others can trade stocks). At eToro, you’ll have access to about 25 cryptocurrencies, including quite a few, such as Tezos, Uniswap and Polygon, that you won’t normally find on the traditional brokerage apps. The app doesn’t charge a direct commission but rather a flat spread markup of 1 percent, regardless of which coin you purchase or how much.\n• Cost:Commission-free, but spread markup of 1 percent\n• Coins available to trade:25 cryptos, including Bitcoin, Ethereum,Dogecoinand more\nKrakenis another specialized cryptocurrency exchange that lets you trade a ton of different coins, including the most popular as well as some (Solana, Uniswap, Cardano and more) that are not typically available on the usual financial apps. In total, the exchange supports trading in more than 230 cryptos. Kraken does not offer its service to residents of New York and Washington state.\nCommissions on Kraken Pro are competitive, ranging from 0.16 to 0.26 percent at the lowest volume levels and declining to a range of 0 to 0.1 percent with volume of $10 million or more in the last 30 days.High-net-worth traderscan also accessmargin trading, increasing their buying power (and risk). While you can deposit money via ACH for free into Kraken, debit or credit card transactions incur a 3.75 percent fee plus 25 cents, and you can get hit with a 0.5 percent online banking processing fee if you fund through a bank, at last check.\nIn November 2023, the SEC charged Kraken with illegally operating an unregistered securities exchange, broker, dealer and clearing agency. The SEC alleges that Kraken’s business practices, including commingling customers’ money with its own, presents a significant risk to customers. Kraken disputes the allegations and is fighting the charges in court.\n• Cost:Fees start at 0.26 percent, plus fees for cards and online banking\n• Coins available to trade:236 of them, including Bitcoin, Ethereum, Solana and Uniswap\nYou may knowRobinhoodfor its slick trading app for stocks, options and ETFs, but it’s also expanded into cryptocurrencies. Plus, it brings its no-commission structure to the crypto world. Although trading may look free, Robinhood charges a spread markup rather than a direct commission, meaning that the costs are built into a coin’s buy or sell price. You can get started almost immediately with Robinhood’s instant transfer feature, so it’s just download and go.\n• Cost:$0, or commission-free, but there’s a spread markup\n• Coins available to trade:15 of them (some aren’t available in all states), including Bitcoin, Dogecoin andEthereum\nWebullmay not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins.\n• Cost:Commission-free, but spread markup of 1 percent (100 basis points)\n• Coins available to trade:8 different types, including Bitcoin, Ethereum and Shiba Inu\nWhen you think of cryptocurrency, you might not think ofCash Appat first. The financial app is known more for its cash management account or even its ability to trade stocks and ETFs. But it also offers the ability to trade crypto, albeit only one — Bitcoin. While you can send Bitcoin to other users for free, Cash App charges what it calls a “small fee” for trading the coin, which it will disclose before you place the trade. That’s in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure.\n• Cost:Spread markup plus a trading fee\n• Coins available to trade:Only Bitcoin\nLike Cash App, you may already havePayPalinstalled on your phone and, if so, you could be up and running with trading cryptocurrency in literally seconds from now. PayPal charges a fee for any trade and also prices in a spread markup on trades. The fee starts at 49 cents for trades under $5, then gradually rises to $2.49 for trades up to $200. It then switches to a percentage that declines to as low as 1.5 percent for trades over $1,000. Helpfully, PayPal lists its fee structure plainly for all to see. PayPal’s sister app Venmo offers the same services on similar terms.\n• Cost:Spread markup of about 0.5 percent plus a trading fee that starts at 49 cents and declines to 1.5 percent\n• Coins available to trade:Four different cryptos — Bitcoin, Ethereum, Litecoin and Bitcoin Cash\nThe best crypto trading app or exchange for you depends on your needs. If you’re looking to trade a wide range of digital currencies, consider an app or exchange that allows you to do so. But if you prefer to stick mainly to the major ones such as Bitcoin, Ethereum and a handful of others, then many of the platforms mentioned here can get the job done. But cost is an important consideration as well, so keep that in mind before opening an account.\nEditorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.', 'Trillions in currency are zipping around the world, 24 hours a day, five days a week, making the foreign exchange (also known as forex or fx) markets the world’s most active. Fortunes can be won and lost quickly, as brokers routinely let traders borrow heavily to finance their speculations.\nIf you’re looking to get in on this action, you’ll need a broker who deals in currency, and many of thebig names in stock tradingsimply don’t offer this feature. Because the markets are so different, you’ll also need to evaluate a forex broker on different criteria from what you would use to evaluate a stock broker.\nBelow are some top forex brokers, including one thatallows customers to trade cryptocurrencies.\n• Interactive Brokers\n• Forex.com\n• IG\n• OANDA\nInteractive Brokersis well known for its low costs and powerful trading platforms preferred by active and professional traders. Forex traders won’t be disappointed by the advanced trading tools available as well as real-time quotes from many of the world’s largest forex dealing banks. You can even trade stocks on international exchanges and attach a forex order to hedge the currency at the same time.\nInteractive Brokers also began offering some cryptocurrency trading in 2021. You’ll be able to tradepopular cryptocurrenciessuch as Bitcoin and Ethereum at attractive commissions.\n• Pricing:Commission: 0.08 – 0.20 basis points\n• Maximum leverage:Up to 50:1\n• Currency options:More than 100 pairs\nLike its name suggests, Forex.com specializes in currency trading (though ittrades in metalsand futures, too) and it offers a plethora of attractive features. Clients can select the pricing structure that suits them best: spread or commission.\nForex.com also gives traders access to more than 80 currency pairs, and its success with clients has the broker declaring that it’s the No. 1 forex broker in the U.S., in terms of assets held with the broker. You’ll get access to the broker’s own trading platform in web and mobile versions, or use MetaTrader platforms if you prefer.\n• Pricing:Spread and commission, depending on account type\n• Maximum leverage:Up to 50:1\n• Currency options:More than 80 pairs\nIG is a more specialized broker focused on forex, and it’s open to American investors. It’s a high-powered broker that nevertheless offers many features, such as a demo account, that may help novice traders. The broker offers a web platform, a mobile app and access to MetaTrader4 and ProRealTime platforms.\nIG allows spreads as low as 0.8 pips (a pip is one ten-thousandth of a point) on the most traded currency pairs, and says that its pricing is at least 20 percent lower on the euro-dollar pair than the top U.S. brokers. The broker also provides an extensive range of charting capabilities across its platforms.\n• Pricing:Spread\n• Maximum leverage:Up to 50:1\n• Currency options:More than 80 pairs\nOANDA offers forex trading across 68 currency pairs, including all the major and minor pairs, ensuring that you have the important options at your disposal. Clients will have a choice of the brokers’ own trading platforms in web and mobile versions or can turn to the popular MetaTrader 4 platform. Pricing is typically on a spread basis, though clients doing more than $10 million in volume a month may participate in the broker’s Elite Trader pricing structure and achieve significant discounts.\nOANDA also allows cryptocurrency trading through Paxos, allowing you to trade a handful of digital currencies, including the most popular, Bitcoin and Ethereum. Bitcoin commissions are as low as 0.25 percent.\n• Pricing:Spread, and volume discounts\n• Maximum leverage:Up to 50:1\n• Currency options:68 pairs\nWhile you may be familiar with many of thebrand-name online stock brokers, only some of them deal in forex trading. Instead, a plethora of more specialized niche brokers populate the space, and they may cater to high-volume currency traders looking for every possible edge.\nBut regardless of which kind of broker you’re targeting, you’ll want to focus on at least a few features that are common to any forex broker:\n• Pricing:Forex brokers have two ways to price their services: by baking the price into the buy-sell spread or on a commission basis. Spreads are typically quoted in pips, or one ten-thousandth of a point.\n• Leverage:How much leverage will the broker let you assume? In general, traders look for a higher degree of leverage to magnify the moves in the currency market. The level may differ depending on the liquidity of the currency.\n• Currency pairs:A handful of major pairs dominate trading, but how many other pairs (minors, exotics) does the broker offer? The most popular currencies include the U.S. dollar, the euro, the Japanese yen, the U.K. pound and the Swiss franc.\n• Spreads:How wide are the broker’s spreads for trades? The larger the spread, the less attractive the trade. Of course, brokers who charge a spread markup will tend to have wider spreads because that’s how they get paid.\nInvestorslooking to buy cryptocurrencymay be able to do so through some of the traditional stock brokers such as Interactive Brokers or Robinhood, though the trading works differently from regular forex trading as described above.\nOne downside for American traders is that many top forex brokers are based in the U.K. and simply won’t accept them as clients because of their citizenship. The brokers above are all fine for Americans, however.\n• Forex trading involves exchanging one currency for another. There may be practical reasons for this, such as traveling abroad, or traders may look to speculate and profit off of currency movements. Foreign exchange markets tend to be the largest and most liquid in the world.\n• Forex traders face several risks including interest rate risk, risks due to leverage, country risk and counterparty risk. Traders will need to be familiar with many different variables that can impact a country’s currency including central bank developments, inflation, trade deficits and more.\n• Regulation of forex brokers is important for maintaining business standards and protecting clients. The Commodity Futures Trading Commission (CFTC) says that most scams involve unregistered people, products or companies. So if you’re engaging in forex trading, you’ll want to use a registered broker, and it’s actually easy to determine if you’re working with one.The CFTC registers and regulates forex brokers. A broker must meet certain financial standards, its personnel must go through background checks, and the firm must adhere to certain conduct and disclosure requirements.You can check whether a forex broker has been properly registered by going to the National Futures Association website (which is under the supervision of the CFTC) andusing its search tool. You can check a broker’s registration, its disciplinary or regulatory history and financial information. Be skeptical of any entity that is not properly registered.\n• When you trade forex, you need a broker to execute your trades, but the broker may not always be acting in your interest first. There are a couple different kinds of models – a dealing desk and an agency broker – and they have different incentives as they’re executing trades.An agency broker is one who acts in the best interest of its clients, and whose job it is to find the best deal price. So the agency broker does not hold any inventory of the assets being traded, which could put the agent’s and client’s interests in conflict, and instead merely acts as an intermediary. The client pays the agent specifically for this service, which could save the client a lot of money. So agents are usually reserved for high-net-worth clients who move massive amounts of money.In contrast, a dealing desk trades in securities and owns them at the same time. This structure means the dealing desk may not always be working in the client’s interest but rather in its own.So a dealing desk can operate as both a principal and agent in a transaction, creating some strange conflicts:As a principal, the dealing desk trades for its own account, meaning that it may take a trade from a client in which it has a vested interest in the outcome. In other words, the dealing desk could profit at the client’s expense, perhaps unloading inventory to the client just before the market falls or buying it just before the market rises.As an agent, the dealing desk can execute trades for a client and will pass along the trade price.Because of this structure, a client may never know where the dealing desk’s interests lie on any individual trade – a problematic setup if you’re the client.', 'Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at the peak are yet to fully recover from their losses. The digital coins have sparked much debate in the investment industry about their investment merits and viability, with legendary investors such asWarren Buffett saying cryptocurrencies are essentially worthless.\nRecent years have seen a wave of both positive and negative news for the crypto industry. Crypto exchange FTX collapsed and top executives were charged with crimes, while other exchanges includingBinance and Coinbase faced charges from the Securities and Exchange Commission. Still, the SEC approved several spotBitcoin ETFsin early 2024, giving traders a simple structure to buy and sell the largest cryptocurrency in the world.\nWhile some traders like to own the currency directly, others turn to the futures market. Futures may be an even more attractive way to play the volatility of digital currencies such asBitcoin, because they allow traders to use leverage to magnify their gains (but also magnify losses). But futures involve a lot more risk in exchange for that potentially higher reward.\n• Traditional brokers:Brokers typically don’t offer direct trading in Bitcoin, only futures, but you will have access to a wide selection of other securities and can often buy Bitcoin ETFs commission-free.\n• Crypto exchanges:Specialized crypto exchanges offer the widest array of cryptocurrencies beyond Bitcoin and the othermost popular coins. You’ll also be able to own the currencies directly.\n• Payment services:Some payment services, such asCash AppandPayPal, also allow users to buy and sell the most popular cryptocurrencies.\nHere are the best brokers for cryptocurrency trading, including traditional online brokers, as well as new specialized cryptocurrency exchanges. You might also want to check out which brokers offerthe best bonuses for opening an accountto determine where you can get a little extra.\nRobinhoodis a great option for buying cryptocurrency directly. You’ll also get to take advantage of Robinhood’s wildly popular trading commissions: $0 per trade, or commission-free, though you’ll still be paying a built-in spread markup on any trades. And if you’re into more than just cryptocurrency, you can stick around for stock and ETF trades for the same low price. Robinhood’s slick app makes trading so easy, though those looking for a full-featured trading experience will be disappointed.\n• Commission:$0, but built-in spread markup\n• Account minimum:$0\nInteractive Brokerslets you trade four cryptocurrencies through Paxos Trust Company and Zero Hash, including Bitcoin and Ethereum, for one of the lowest commissions in the market. Customers can also access 24/7 crypto trading through an associated app with Paxos. Plus, IB allows you to buy Bitcoin and Ethereum futures rather than owning the currencies directly. And in this broker’s case, you can buy Bitcoin futures on the Chicago Mercantile Exchange, with contracts costing $5 at five coins per contract or Ethereum contracts for $3 at 50 coins per contract. In addition, Interactive Brokers brings its full suite of investment offerings, so you can buy almost anything that trades on an exchange.\n• Commission:0.12-0.18 percent of trade value; $5 per Bitcoin futures contract\n• Account minimum:$0\nThoughWebullmay be less known than its rival commission-free trading app Robinhood, it provides investors with a solid offering that includes cryptocurrency trading. While you won’t pay commissions on crypto trades (or stocks and ETFs), Webull does charge a spread markup of 100 basis points (1 percent of the price) on either side of a trade. Several cryptocurrencies are available for trading, including Bitcoin, Ethereum and Dogecoin. Charting tools and an impressive mobile app make Webull a broker worth considering.\n• Commission:$0, but built-in spread markup of 1 percent\n• Account minimum:$1 to trade crypto\nTraders have a couple options at this broker, which has rolled out direct cryptocurrency trading viaTradeStationCrypto, with a built-in spread markup. The spread markup is no more than 1 percent of the trade value, whether you’re buying or selling. Traders can also buy and sell Bitcoin futures.\n• Commission:$0, but built-in spread markup of more than 1 percent\n• Account minimum:$0, but futures margin depends on the contract\nBinanceis a specialized trading platform that allows you to buy and sell digital currencies, including the largest such as Bitcoin and Ethereum, but also hundreds of other much smaller coins, too. In total, you’ll have access to more than 300 cryptocurrencies. The commission structure at Binance is low and only gets cheaper the more you trade. Trading fees start at 0.57 percent of your trade value (i.e., $57 for every $10,000 traded) and fall from there, depending on your trading volume over the prior 30 days. However, Bitcoin trading is free here.\nBinance’s finances came under scrutiny in 2022 after the collapse of FTX. The accounting firm used by Binance to verify its reserves paused its work for all crypto clients and the Securities and Exchange Commission (SEC) said investors should be wary of crypto firm audits. None of the big four accounting firms are willing to work with Binance, according to the Wall Street Journal.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and its founder, Changpeng Zhao, of misusing customer funds. SEC Chair Gary Gensler warned investors of using Binance platforms. Binance said its customers’ assets are safe.\n• Commission:0.57 percent of the transaction value or less, while Bitcoin trading is free\n• Account minimum:$0\nCoinbaseis a specialized cryptocurrency-focused platform that allows you to trade digital currencies directly, including Bitcoin,Ethereum,Solanaand Tether. In total, you’ll have access to more than 200 cryptocurrencies. You’ll also be able to store your coins in a vault with time-delayed withdrawals for additional protection. The exchange’s commission structure is steep. It charges a spread markup of about 0.5 percent and adds a transaction fee depending on the size of the transaction and the funding source, though its Advanced Trade platform does not charge a spread.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Commission:Fees start at 0.6 percent on Advanced Trade\n• Account minimum:$0\nKrakenis a cryptocurrency exchange that allows you to trade in more than 200 different digital currencies such as Bitcoin and Ethereum, as well as emerging ones such as Cardano and Solana. Using the Kraken Pro tier the initial trading fee ranges from 0.16 percent to 0.26 percent and then declines quickly from there based on your 30-day trading volume. Kraken is not yet available to residents of New York and Washington state.\n• Commission:At Kraken Pro, fees start at 0.26 percent\n• Account minimum:$1\nCharles Schwabis routinely one ofBankrate’s picks for top broker, and this investor-friendly company offers trading in Bitcoin futures. Schwab also has no account minimum, but any futures contracts you trade will require some minimum margin to hold them open. Schwab offers an attractive commission of $2.25 per contract, and if you’re able to bring big money to the table, you’ll receive a welcome bonus, too.\n• Commission:$2.25 per contract\n• Account minimum:$0, futures margin depends on contract\nTastytrade is a relatively newer player to the brokerage world, and it offers some attractive pricing on cryptocurrency trades, which are enabled by partner Zero Hash. Tastytrade charges 1 percent of the trade value on the buy and sell, but only up to $10 per side of the trade. So once you’re trading more than $1,000, your crypto commissions here flatline at a sawbuck. However, just four crypto coins are available for trading here. You can also purchase crypto futures at $1.25 per contract on the open and close.\n• Commission:1 percent of the trade value on the buy and sell, up to $10 per leg. Futures contracts at $1.25 on the buy and sell\n• Account minimum:$0\n• Cryptocurrency is a type of digital currency meant to serve as a medium of exchange, but thus far has mostly been used by traders who buy and sell the digital coins in the hope of earning a profit. Some think cryptocurrency may act as an inflation hedge because there isn’t a central bank involved that can print more money.\n• Cryptocurrency can be bought and sold through traditional brokers, crypto exchanges or certain payment services such as PayPal. In early 2024, the SEC approved spotBitcoin ETFsthat hold Bitcoin directly, giving traders a familiar structure to bet on the price of the largest cryptocurrency.\n• Bitcoin is by far the largest cryptocurrency in the world, accounting for about half of the entire global crypto market as of March 2024, according to CoinMarketCap. Ethereum, Tether, BNB and Solana round out the top five largest cryptocurrencies.\n• Cryptocurrencies are highly speculative assets that have seen significant swings in prices since first being introduced. Unlikestocks,bonds,real estateand other traditional investments, cryptocurrencies don’t produce cash flows or generate income for their owners, which makes their fundamental value difficult, if not impossible, to calculate. The digital coins also face an uncertain regulatory future, as countries evaluate how best to handle digital assets.\nWhenever you’re selecting a broker, it’s important to consider all of your needs. And for new traders in cryptocurrency, you’ll want to figure out whether you want to own the virtual currency directly or whether you want to trade futures, which offer higher reward, but also higher risk. If you’re looking to get started trading cryptocurrency,here are the key things you need to know.\nYou’ll also need to consider whether you want to trade more than Bitcoin, which is what the majority of traditional brokers restrict you to. If not, you may want to turn to a cryptocurrency exchange, since they offer more choice of tradable cryptocurrencies.', '• Bitcoin is trading above $70K, while Ether was above $3600 on Monday.\n• Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated.\nBitcoin {{BTC}} and ether {{ETH}} began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.\nAt the time of writing,bitcoin was stableat $70,000, whileether was trading near$3600, according to data from CoinDesk Indices. TheCoinDesk 20 (CD20), a measure of the largest and most liquid digital assets, was up 1.9%, trading at 2,750.\n“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at Singapore-based Presto Labs, said in an email interview. “However, as the Bitcoin halving event is expected to happen around April 20, implied volatility of front-month options remains elevated above 75%.”\nHe also noted that funding rates remain inflated, with most of the large-cap perpetual futures in major exchanges recording 6bps to 8bps funding rates and global open interest for BTC and ETH perpetual futures hitting 35 billion dollars.\n“The markets may return to a more volatile regime again,” he continued.\nMeanwhile, QCP Capital wrote in a telegram note that bitcoin was rallying before the long weekend because of positive inflow on bitcoin ETFs to the tune of $243.5 million on March 27.Coinglass data showsthat this inflow continued on March 28 with $182 million in additional inflow.', '• Bitcoin is trading above $70K, while Ether was above $3600 on Monday.\n• Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated.\nBitcoin {{BTC}} and ether {{ETH}} began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.\nAt the time of writing,bitcoin was stableat $70,000, whileether was trading near$3600, according to data from CoinDesk Indices. TheCoinDesk 20 (CD20), a measure of the largest and most liquid digital assets, was up 1.9%, trading at 2,750.\n“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at Singapore-based Presto Labs, said in an email interview. “However, as the Bitcoin halving event is expected to happen around April 20, implied volatility of front-month options remains elevated above 75%.”\nHe also noted that funding rates remain inflated, with most of the large-cap perpetual futures in major exchanges recording 6bps to 8bps funding rates and global open interest for BTC and ETH perpetual futures hitting 35 billion dollars.\n“The markets may return to a more volatile regime again,” he continued.\nMeanwhile, QCP Capital wrote in a telegram note that bitcoin was rallying before the long weekend because of positive inflow on bitcoin ETFs to the tune of $243.5 million on March 27.Coinglass data showsthat this inflow continued on March 28 with $182 million in additional inflow.', '• The spread between bitcoin and ether’s annualized 30-day historical volatility gauges increased to the highest in at least a year, according to data tracked by Kaiko.\n• The spot ETF inflows and Bitcoin blockchain’s impending halving seem to have catalyzed greater volatility in BTC.\nBitcoin {{BTC}}, the leading cryptocurrency by market value and trading volumes, is supposed to be relatively steady compared to other digital assets, protecting a trader’s portfolio from wild swings in the broader market.\nHowever, bitcoin has been more volatile than ether {{ETH}} recently.\nBitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points. That’s the highest spread in at least a year, according to data tracked by Paris-based Kaiko. Historical volatility indicates the degree of price turbulence observed over a specific period.\nThe bitcoin-ether volatility spread flipped positive weeks after the U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot bitcoin exchange-traded funds (ETFs), allowing traders to take exposure to the cryptocurrency without owning it.\nSince then, traders have beensquarely focused onthe activity in the spot ETFs, with net inflows breeding upside volatility in bitcoin and the broader crypto market. In the meantime, thedwindling probabilityof the SEC approving an ETH ETF by May seems to have demotivated ether traders.\nBitcoin blockchain’s upcomingreward halving, a quadrennial event that reduces the pace of per block BTC emission by 50%, could be another reason for relatively higher volatility in the cryptocurrency.\nOn April 21, the inbuilt code will reduce the per-block reward paid to miners to 3.125 BTC from 6.25 BTC, halving the miner’s revenue, which, as per ByteTree, is currently at $26 billion annually.\nThe consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.\nWhat’s different this time is that bitcoin has surpassed the previous bull market peak of around $69,000 weeks ahead of the halving, which makes the upcoming event all the more exciting for traders.\nPer Greg Magadini, director of derivatives at Amberdata, the bullish positioning ahead of the halving means potential for a “sell-the-news" pullback after the event.\n“The current positioning being so extended is setting the market up for a VERY interesting \'sell-the-news’ halving cycle play,” Magadini said in the weekly newsletter. “Should there be a real pullback, we stand to see excessive ∆1 [futures] OI become liquidated, volatility RR-skew to favor puts and a collapsing basis.”\nMagadini added that bitcoin’s options market has been pricing the halving event as well.\n“If we look at the options market, we see an interesting structure. A steep [IV] Contango before 4/26 and a high forward volatility kink for the 4/26 expiration. The options market is pricing in the halving event as well,” Magadini noted.\nThe implied volatility, or IV, is the market’s guess of future realized volatility. Usually, plotting IVs for different durations or expiries produces an upward-sloping curve called a contango.\nA steep contango ahead of the April 26 expiry means the market is expecting elevated BTC volatility as it heads into the halving. The forward volatility suggests the same.', '• The spread between bitcoin and ether’s annualized 30-day historical volatility gauges increased to the highest in at least a year, according to data tracked by Kaiko.\n• The spot ETF inflows and Bitcoin blockchain’s impending halving seem to have catalyzed greater volatility in BTC.\nBitcoin {{BTC}}, the leading cryptocurrency by market value and trading volumes, is supposed to be relatively steady compared to other digital assets, protecting a trader’s portfolio from wild swings in the broader market.\nHowever, bitcoin has been more volatile than ether {{ETH}} recently.\nBitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points. That’s the highest spread in at least a year, according to data tracked by Paris-based Kaiko. Historical volatility indicates the degree of price turbulence observed over a specific period.\nThe bitcoin-ether volatility spread flipped positive weeks after the U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot bitcoin exchange-traded funds (ETFs), allowing traders to take exposure to the cryptocurrency without owning it.\nSince then, traders have beensquarely focused onthe activity in the spot ETFs, with net inflows breeding upside volatility in bitcoin and the broader crypto market. In the meantime, thedwindling probabilityof the SEC approving an ETH ETF by May seems to have demotivated ether traders.\nBitcoin blockchain’s upcomingreward halving, a quadrennial event that reduces the pace of per block BTC emission by 50%, could be another reason for relatively higher volatility in the cryptocurrency.\nOn April 21, the inbuilt code will reduce the per-block reward paid to miners to 3.125 BTC from 6.25 BTC, halving the miner’s revenue, which, as per ByteTree, is currently at $26 billion annually.\nThe consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.\nWhat’s different this time is that bitcoin has surpassed the previous bull market peak of around $69,000 weeks ahead of the halving, which makes the upcoming event all the more exciting for traders.\nPer Greg Magadini, director of derivatives at Amberdata, the bullish positioning ahead of the halving means potential for a “sell-the-news" pullback after the event.\n“The current positioning being so extended is setting the market up for a VERY interesting \'sell-the-news’ halving cycle play,” Magadini said in the weekly newsletter. “Should there be a real pullback, we stand to see excessive ∆1 [futures] OI become liquidated, volatility RR-skew to favor puts and a collapsing basis.”\nMagadini added that bitcoin’s options market has been pricing the halving event as well.\n“If we look at the options market, we see an interesting structure. A steep [IV] Contango before 4/26 and a high forward volatility kink for the 4/26 expiration. The options market is pricing in the halving event as well,” Magadini noted.\nThe implied volatility, or IV, is the market’s guess of future realized volatility. Usually, plotting IVs for different durations or expiries produces an upward-sloping curve called a contango.\nA steep contango ahead of the April 26 expiry means the market is expecting elevated BTC volatility as it heads into the halving. The forward volatility suggests the same.', 'Litecoin (LTC)has made a significant surge, claiming the spot as the second best-performing cryptocurrency in the top 100. Over the past 7 days, Litecoin\'s price experienced a 24% gain, rallying past the $100 level.\nThe recent surge in Litecoin can be attributed, in part, to a statement by the United States Commodity Futures Trading Commission (CFTC). In a lawsuit against crypto exchange KuCoin, the CFTC classified Litecoin as a commodity. This declaration is significant as it places Litecoin outside the jurisdiction of the Securities and Exchange Commission (SEC), which subjects coin issuers to stricter regulations regarding securities.\nThe complaintfiledby the CFTC against KuCoin states, "KuCoin solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, swaps, and leveraged, margined, or financed retail transactions involving digital assets that are commodities including Bitcoin (BTC), Ether (ETH), and Litecoin (LTC)."\nThis designation as a commodity opens doors for Litecoin, making it more likely to receive endorsements and integrations without fear of potential SEC enforcement actions. Currently, Litecoin is trading at $110.25, representing a 31.7% increase in the last 30 days. This surge marks the second-best performing day for LTC this year, second only to an 18.7% spike on March 11.', 'A recentcourt ruling in the United Kingdomhas authorized the freezing of £6.7 million ($8.4 million) worth of assets belonging to Craig Wright in order to prevent him from evading court expenses. The decision was made after Wright, who falsely claimed to be Satoshi Nakamoto, the founder of Bitcoin, moved some of his assets outside of the U.K. following a court verdict that debunked his claims.\nAccordingto court documents, Wright transferred shares of his London firm, RCJBR Holding, to a Singaporean entity on March 18, which raised concerns that he was attempting to evade the costs and consequences of his loss in court. In response, Judge James Mellor endorsed a "worldwide freezing order" requested by the Crypto Open Patent Alliance (COPA) to cover the total court expenses of £6.7 million ($8.4 million).\nCraig Wright, an Australian computer scientist, falsely claimed to be Satoshi Nakamoto and filed copyright assertions regarding the Bitcoin network. In January 2021, he demanded the removal of the Bitcoin white paper from two websites. In response, COPA filed a lawsuit challenging Wright\'s claims, and on March 14, Judge Mellor ruled that Wright is not Nakamoto.\nIn 2023, Wright filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging copyright violations related to the Bitcoin whitepaper, its file format, and database rights to the Bitcoin blockchain. The Bitcoin white paper is now subject to an MIT open-source license, allowing anyone to reuse and modify the code for any purpose.', 'Delta-neutralETH-backedstablecoinprotocol,Ethena Labs, announces the end of their Shards campaign, which coincides with the release of the ENA token and theairdropfor participants.BadgerDAOdrops their latest product, eBTC, as well, while EthereumL2,Linea, unveils yet another campaign in a bid to attract liquidity to their chain.\nTotal Value Locked(TVL) across all chains recovers slightly asBitcoinreclaims key levels through the week andBitcoin ETFinflows turn positive again after five consecutive days of net outflows. Notable outperformers to the trend include Ethereum L2s, Linea,Base,Blastand Mode, which have all seen increases in TVL in the 30% range.\nSource:https://coinmarketcap.com/chain-ranking/\nNouveau discusses the airdrops space and how users should assess and decide on which airdrops to farm.\nTL;DR:\n• Airdrops are a positive flywheel, rewarding users while pumping protocol metrics which help them achieve higher valuations\n• Airdrops should be viewed similarly to a trade in terms of protocol chosen, capital used, fees incurred andreturn on investment\n• Focus capital on high-conviction airdrops and spray and pray with smaller amounts of capital\n• Explore moreon-chain, use more tokenless protocols in your regular actions and don’t be afraid to move on from a poorly performing farm.\nBadgerDAO launches eBTC, the mostdecentralizedform of BTC on Ethereum. Users can now deposit ETH,WETH,stETHorwstETHto borrow eBTC at zero fees, while earningstakingyields fromLido Finance.\nRollup-as-a-Service protocol,AltLayer, unveils staking for the ALT token. Staking is the first step in the release of MACH Alpha, a fast finality layer leveragingEigenLayer’s technology. The layer will be designed to supportOptimismandArbitruminitially.\nOther Product Launches and Updates\n• Real-world asset(RWA) platform,Ondo Finance, enables 24/7 redemption and subscription to OUSG, their product which invests inUS Treasuries. Beyond that,Ondowill also be transferring $95 million ofOUSG’s backing to BlackRock’s latest BUIDL fund.\n• Cross-chainmoney marketplatform,Pike Finance, announces the tokenomics for their governance token, P. In the same week, Pike conducted their presale, where PIU token holders can burn their PIU for a discounted price during the presale.\n• Liquid restaking protocol,EtherFi, kick off Points Season 2, which will run until 30th June, whereby 5% of theETHFIsupply will be distributed to participants. Stakers will receive more points the longer they stake their ETH with EtherFi.\n• Lending protocol,Notional Finance, launches V3 on Ethereum mainnet, opens up for deposits inUSDC,USDT, ETH andrETH.NOTEincentives are also live for users and can be maximized usingleveragedlending or borrowing strategies on Notional Finance.\n• Stablecoinprotocol,Angle Protocol, unveils USDA, their USD-pegged stablecoin, which operates alongside EURA, their Euro-peggedstablecoin. USDA holders can also stake their tokens for a yield derived from real-world assets.\n• ETHliquid staking token(LST) stablecoin protocol,PrismaFi, has been hacked for $12 million worth in mkUSD and wstETH. The protocol has since been paused by the team. Their two stablecoins,mkUSDandULTRAare also reported to have remained overcollateralized.\n• Liquidity bootstrapping pool(LBP) platform,Fjord Foundry, announces their upcoming LBP token sale on April 13, as well as the airdrop for the FJO token to users of Fjord V1 and V2 LBPs.\nConsenSys-backed L2, Linea, announces a new campaign for the chain, the Linea Voyage: Surge, which will last for the upcoming six months or until Linea reaches 3 billion in TVL, whichever occurs first. This campaign is also implied to be the last campaign on the chain.\nOther Product Launches and Updates\n• Arbitrum-basedperpetualsdecentralized exchange(DEX),Hyperliquid, announces upcoming support for spot trading on the platform as well as an upcoming airdrop of the PURR token to Hyperliquid point holders. 50% of the token supply will be dropped proportionally to points held, with the remaining 50% used forliquidity provision.\n• Liquidity management solution,Maverick Protocol, announces the upcoming Maverick V2 upgrade to their protocol, which will introduce greatergasefficiency, more flexibility overliquidity pooland directedMAVtoken incentives, which will be controlled via theirvote-escrowtoken model.\n• StarkNet-native DEX,SithSwap, kicks off the token sale for their governance token, SITH. Users can contribute to the token sale in STRK tokens, with 15% of the total token supply up for grabs. The token sale will end on 5th April.\n• Blast-basedNFTgame,Munchables, has been exploited for $62.5 million, due to a rogue developer on the team. The funds have, fortunately, since been transferred back to the protocol.\nStablecoin protocol, Ethena, announces the wrap up of their Shards campaign on 1st April, with thetoken generation event(TGE) and airdrop occurring on 2nd April. The top 2,000 accounts by number of Shards will be subjected to a linearvesting periodfor 50% of their allocated tokens.\nInteroperabilitylayer,Wormhole, announces the claim date for the W token airdrop as 3rd April.\nOmni-chainorderbookDEX, Orderly Network, launches their gamified trading campaign, “The Road to Order,” where users earn “Merits” for a share of the Orderly Network token when it launches. A significant portion of the token airdrop will be allocated to participants in this campaign.\nEugene discusses the reality ofmemecoinstaking the place as the optimal beta for theL1trade, withWIFsurging to new highs over the week and a similar observation on Base with Base memecoins.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'BlackRock(NYSE: BLK), the company that led the push for the first spot ETF forBitcoin, is back at it again, this time with an entirely new investment product for theEthereum(CRYPTO: ETH)blockchain. If all goes according to plan, this new product could revolutionize the way Wall Street does business.\nThat\'s a lot to ask, of course, but I think Ethereum could be ready to take full advantage of this potential new trillion-dollar market opportunity. With that in mind, let\'s take a closer look at what this new product is, why it launched on Ethereum, and how it could transform the world of finance.\nThe new product, called the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is a tokenized asset fund, and it\'s part of a long-term trend on Wall Street called asset tokenization. While the term "asset tokenization" might sound a bit intimidating, it simply refers to the process of transforming a real-world financial asset into a blockchain-based digital asset.\nIn this case, BlackRock is "tokenizing" nearly $100 million worth of cash, T-bills, and repos. When institutional investors buy into the fund, they receive acrypto tokenon the Ethereum blockchain that has several unique properties. For example, it behaves much like astablecoin, except that it also has the potential to pay out a daily yield. Stablecoins, which are usually pegged 1:1 to the U.S. dollar, aren\'t supposed to be able to do that! The reason BlackRock\'s crypto token can do this is the result of the efficiencies made possible by blockchain technology.\nThat\'s why this product -- even though it might be a bit difficult to fully wrap one\'s head around it -- could be so revolutionary. In theory, blockchain-based digital assets should be superior to traditional, real-world assets. And thus, by extension, they should be more attractive to investors. According to BlackRock, the new tokenized ass Last 60 Days of Bitcoin's Closing Prices: [43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-01 Financial & Commodity Data: - Gold Closing Price: $2236.50 - Crude Oil Closing Price: $83.71 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,371,652,787,694 - Hash Rate: 619839817.691122 - Transaction Count: 326410.0 - Unique Addresses: 648777.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks retreated on Wednesday as caution prevailed ahead ofa crucial inflation reportthat will guide expectations for interest rate cuts. The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%. Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. In the meantime, a report on fourth quarter GDP showed the economy grew at a slightly slower pace than initally thought in the final three months of 2023. The second estimate of fourth quarter GDP came in at 3.2% on Tuesday, down from the initial reading of 3.3%. In other asset markets, bitcoin (BTC-USD) continued its roaring rally, breaking above $63,000 on Wednesday to comewithin striking distanceof a fresh all-time high. The arrival of spot bitcoin ETFs has helped the cryptocurrency reach levels not seen since late 2021. Among big movers, shares of Beyond Meat (BYND) soared more than 30% after the plant-based meat companylaid out its turnaround plan, triggering a short squeeze. • Wed, February 28, 2024 at 9:12 PM UTCAlexandra CanalParamount says streaming losses peaked in 2022 as linear ad revenue plungesParamount Global (PARA) reported fourth quarter results on Wednesday that came in mixed as the company revealed full-year streaming losses peaked in 2022 while linear TV revenue continued to plummet.Paramount, like other media companies, has struggled amid a tough ad environment. Big Tech companies have seen their businesses rebound while smaller players have not.Linear ad revenue slumped 15% year over year in the quarter, steeper than the 12% drop expected by analysts and also worse than the 14% year-over-year slump seen in the third quarter.The company said the drop reflects continued softness in the global advertising market and a 5-percentage-point impact from lower political advertising. Advertising revenue in the quarter was also impacted by the Hollywood strikes.In one bright spot, Paramount reported a Q4 direct-to-consumer (DTC) loss of $490 million, narrower than analyst expectations of $534 million and the $575 million loss seen in the year-earlier period. The company reported a $238 million loss in the third quarter."We now expect to reach domestic Paramount+ profitability in 2025," Paramount CEO Bob Bakish said in the earnings release.•USD(PARA)FollowView Quote Details • Wed, February 28, 2024 at 9:06 PM UTCJosh SchaferStock rally takes a break ahead of inflation printStocks were lower on Wednesday ahead of a highly anticipated inflation update due out before the opening bell on Thursday.The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%.It was not, however, a quiet day for cryptocurrencies. Bitcoin (BTC-USD) surged above $63,000 per coin for the first time since 2021, sending crypto-related stocks rallying. MicroStrategy (MSTR) popped about 10% amid the rally and is now up almost 100% in the last month.•USD(BTC-USD)FollowView Quote Details • Wed, February 28, 2024 at 8:36 PM UTCJosh SchaferA look at Leap Day returnsTomorrow is Feb. 29, a day that only comes once every four years.While there isn't a true financial significance to Leap Day, we took a look back to see how the S&P 500 (^GSPC) has performed on the rare trading day. Our analysis shows it has been a positive day for the S&P 500 65% of the time. • Wed, February 28, 2024 at 7:30 PM UTCJosh SchaferThe Russell 2000 is benefiting from theme tradesOne of Wall Street'sfavorite callsto start this year was to buy small caps as many projected a broadening in the market rally.Thistrade largely flopped in January, as a few large tech stocks continued to drive the major indexes higher while small caps lagged.But in the last month, the themes that have dominated the broader market — artificial intelligence, weight-loss drugs and cryptocurrency— have helped small caps catch up to the other major indexes.•USD(^RUT)FollowView Quote DetailsWe've been flaggingmajor moves in stocks like Super Micro Computer (SMCI), Viking Therapeutics (VKTX), and Microstrategy (MSTR) as investors search for other ways to play these themes. All three of those stocks are up significantly in the last month, headlined by Viking Therapeutics' more than 350% move.All three of those stocks are also top 10 contributors to the total value of the BlackRock iShares Russell 2000 index (IWM), which closely mirrors the Russell 2000. This could help explain how small caps have participated in therecent momentum trade in markets.•USD(MSTR)FollowView Quote Details • Wed, February 28, 2024 at 7:05 PM UTCJosh SchaferBitcoin led theYahoo Finance trending tickers pageon Wednesday as the largest digital asset hit its highest level since 2021, at one point surpassing $63,000. Ethereum moved higher by less than 2% to just less than $3,300 per coin.•USD(BTC-USD)FollowView Quote DetailsBeyond Meat (BYND) soared more than 40% after the company reported better-than-expected revenue for the fourth quarter and announced plans to cut operating costs. The company's stockhad also been massively shortedheaded into the print.UnitedHealth Group (UNH) stock fell about 4% on Wednesday following a Wall Street Journal report that the US Department of Justice has launched an antitrust investigation into the company.•USD(BYND)FollowView Quote Details • Wed, February 28, 2024 at 6:45 PM UTCInes FerréFirst Solar stock jumps on earnings beat, strong demandThe solar industryhas struggledthis past year amid apileup of panelsand higher interest rates. Yet one outlier has been First Solar (FSLR), the largest US solar module manufacturer.Shares of the Tempe, Ariz.-based company ticked higher on Wednesday after posting better-than-expectedquarterly earningsand upbeat guidance."Despite industry macro challenges, such as global oversupply and pricing volatility, we continue to see strong mid- to long-term demand, especially in the United States," First Solar CEO Mark Widmar said during the company's earnings call.First Solar has been a major beneficiary of the Inflation Reduction Act, which allows domestic solar manufacturers to sell tax credits to other firms. Last year the companyagreedto sell $687 million in tax credits to fintech company Fiserv (FI).Wall Street analysts are bullish on the stock, with 25 Buy and seven Hold recommendations.Still, First Solar shares have been dragged down 12% year to date amid an overall slump in solar-related stocks.Readmore here.•USD(FSLR)FollowView Quote Details • Wed, February 28, 2024 at 6:32 PM UTCJosh SchaferCoinbase outage spooks bitcoin rallyAmid a rally in bitcoin (BTC-USD) that saw the world's largest digital currency reach over $63,000 per coin, a popular crypto exchange had a malfunction.On Wednesday afternoon, some users on Coinbase (COIN), which offers crypto trading, weren't able to see how much money was in their account or make transactions."We are aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling. Our team is investigating this issue and will provide an update shortly. Your assets are safe," the company said in a statement.Coinbase CEO Brian Armstrongwrote on X: "We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate."The news appeared to impact the bitcoin rally as the digital asset tumbled amid reports of the outages. • Wed, February 28, 2024 at 6:00 PM UTCBrian SozziA not so snoozy eBay stock?I was prepared to write something entirely different on eBay (EBAY) than what I will end up saying below.I was going to say could there be any more of a least exciting tech stock than eBay right now? Here we have GenAI sending Nvidia’s (NVDA)stock price to the moon, and eBay execs are discussing stronger sales of auto parts on its earnings call last night. What a snoozefest!Active buyers on the platform fell 2% year on year in the most recent quarter. They fell 9% year over year in the prior year's fourth quarter! Gross merchandise volume didn’t even grow in the final quarter of last year.But when all is said and done, stock prices do things for a variety of reasons. And eBay apparently did enough to get some folks on the Street chattering about the stock as a sort of value play in an overheated tech market.The company increased its stock buyback authorization by $2 billion. Non-GAAP operating margins of 26.7% also came in at the high end of the company’s guidance amid a focus on cost cutting.Sexy company? Nope. Sexy stock? Not exactly by most measures. But an intriguing earnings day that will likely get value investors kicking the tires on eBay in the near term. • Wed, February 28, 2024 at 5:43 PM UTCJosh SchaferStocks slide as crypto ralliesUS stocks were lower on Wednesday.The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) were down nearly 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.4%.But that didn't halt a rally in crypto-related stocks as bitcoin (BTC-USD) briefly reached above $63,000. Ebang International Holdings (EBON) and MicroStrategy (MSTR) led the crypto stock rally during afternoon trade. • Wed, February 28, 2024 at 4:45 PM UTCBrian SozziSalesforce is on the earnings clockTwo AI/cloud plays report earnings after the close today: Salesforce (CRM) and Snowflake (SNOW).I am most interested in Salesforce's numbers and earnings call commentary, however.There is a sense of "what's next" swirling around Salesforce after it boosted profit margins a lot in 2023 amid a cost-cutting drive. The company also unveiled a host of new AI tools last year, setting the stage for a further profit unlock in 2024.But to my point above, Salesforce shares are "only" up 7% in the past month compared to a 16% pop for Snowflake.Morgan Stanley analyst Keith Weiss had a dose of smart insight into sentiment on Salesforce right now:"With Salesforce performing just inline with large cap software intra-quarter, maintaining its valuation discount to the peer-set despite an easier bookings comparison, stable-to-improving [demand] checks, and price increases rolling through the model, we view Salesforce's upcoming FQ4 earnings as a likely positive catalyst for shares. While we acknowledge Salesforce has become increasingly embraced as an overweight name amongst the investing community since our upgrade in December, we still find a healthy amount of debate around the potential for (and timing of) a sustainable re-acceleration in revenue growth in our investor conversations, leading us to believe potential upside to FQ4 & FY25 (CY24) estimates is not yet in the price ahead of earnings."Catch up on what Salesforce has been up to ahead of earnings — I justchattedwith co-founder and CEO Marc Benioff at theWorld Economic Foruma few weeks ago. • Wed, February 28, 2024 at 4:00 PM UTCJosh SchaferWhat to make of a 'slightly' revised down GDP numberThe second estimate for fourth quarter gross domestic product (GDP) showed the US economy grew at a 3.2% annualized rate in the final three months of 2023, down from the initial 3.3% reading.Goldman Sachs' economics team led by Jan Hatzius noted that the GDP was "revised down slightly" but under the surface actually showed promising signs."Consumption, capex, and residential investment were all revised higher," Goldman's team wrote. "The downward revision [in GDP] mainly reflected lower inventory investment, which other things equal implies faster GDP growth in Q1."Oxford Economics chief US economist Ryan Sweet agreed. He described the "small" downward revision as "not troubling.""Mixed details do not warrant an immediate change to the baseline forecast for the economy to keep growing above its potential," Sweet wrote in a note to clients on Wednesday. • Wed, February 28, 2024 at 3:27 PM UTCJosh SchaferBitcoin surges above $61,000Perhaps the top story for markets on Wednesday isn't a stock. Once again, cryptocurrency has taken center stage as the world's largest digital coin is now selling for more than $61,000 per coin for the first time since 2021.Yahoo Finance's David Hollerith reports:The price of the digital asset is now up almost 19% on the week and 43% so far this year, due largely to excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January.Bitcoin was up more than 6% above $60,500 at last check, touching its highest point since November 2021. The current rally is testing whether the price can be pushed closer to its all-time high of $68,789. That apex came six months before a spectacular crash in 2022.•USD(BTC-USD)FollowView Quote Details"Ultimately, what we're seeing is crypto is kind of rising from the ashes of the 2022 market," said Ryan Rasmussen, a senior crypto research analyst for Bitwise Asset Management."Our assumption is that the price of bitcoin is going to achieve $125,000 by the end of 2025," Benchmark's Mark Palmeradded on Yahoo Finance Live.Investors are bidding other cryptocurrencies and related stocks higher too. Year to date, the second-largest cryptocurrency, ether (ETH), has outperformed bitcoin by more than 4% while the total market value for all crypto assets is up roughly 36% to $2.24 trillion, according to Coinmarketcap. • Wed, February 28, 2024 at 2:37 PM UTCJosh SchaferStocks open lowerUS stocks retreated on Wednesday, coming offa mixed closeas caution prevailed ahead of a crucial inflation report that will guide expectations for interest rate cuts.The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) were down more than 0.5%, while the S&P 500 (^GSPC) sagged 0.3%.Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. • Wed, February 28, 2024 at 1:30 PM UTCBrian SozziWe are still drilling down into Macy's big weekIn my mind, when you are a legacy retailer like Macy's (M) that communicates toinvestors the closure of 150 stores by 2026, it's not a one-day story.Rather this is a story that will unfold every single day inside the company and in the impacted communities until the process is done. It will be discussed at every single investment conference a Macy's executive speaks at between now and 2026. It will be discussed on the next umpteen earnings calls for the company.So if you own stock in Macy's, this is something that warrants deeper digging and staying on top of the situation (reading local news publications is helpful on this front). It's a major moment for the company that could have implications on whether it's in business 20 years from today.A few further thoughts after digging of my own last night:The size of Macy's:After Macy's closes these 150 stores, the company will have about 350 locations open in the US. That barely quantifies as a national retailer, let alone one that could compete effectively with Amazon (AMZN). The company is ceding a ton of market share to rivals such as discounter Target (TGT), which has almost 2,000 stores in the US. Kohl's (KSS) has 1,100 stores in 49 states.Citi's Paul Lejuez put context around the competitive dynamic in a new note this morning: "With Macy's putting over $2 billion in sales up for grabs over the next three years from its store closing plan, we believe this is most likely to benefit the off-price group (TJX Companies (TJX) in particular) that tends to pick up market share (sales) when department stores close stores."The losers:What happens when 150 Macy's stores vanish? The retailers that sell products at these stores lose a key outlet to offer merchandise. Lejuez highlighted a few potential losers, all of which are publicly traded: "Those brands that sell into Macy's (SHOO,PVH,RL,CRI,LEVI,COLM,VFC,CPRI) are likely to feel some sales pressure as a result of Macy's store-closing decision. Typically, sales put up for grabs by a department store do not end up getting picked up by other department stores."Yahoo Finance senior reporter Brooke DiPalma caught up with Macy's new CEO Tony Spring to discuss the store closures, among other topics. More on thathere. • Wed, February 28, 2024 at 12:30 PM UTCBrian SozziBeyond Meat's stock price goes into the beyondTo the beyond!We are witnessing a wild 55% move higher in Beyond Meat (BYND) shares this morning (was up 100% initially last night) after earnings last night. The company's ticker page is thehottest on Yahoo Financeas of this writing.The plant-based meat company is shaking up its operations (bye-bye jerky products), which may have gotten a few excited about a potential turn for this long-struggling business.Anytime you see an outsized move like this in a stock, it’s good practice to ask: Is there something else going on here?In the case of Beyond Meat, as you can see on its Yahoo Finance statistics page, it has amassive, massive short position. So, any small dose of perceived good news could be met with the type of fierce short-covering rally we have today.Using the premarket price, the stock is still down 95% from its 2019 record high.Before you go, I just talked to Beyond Meat's founder and CEO, Ethan Brown, late last week — catch up on the company's newest initiativeshere.... - Reddit Posts (Sample): [['u/zrad603', "Think we can fill a BCH block? Let's fill block 840,000 (The halving block)", 31, '2024-04-01 00:19', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', "The unfortunate thing about BCH, is even though the blocksize is bigger, the BTC blockchain actually gets more actual use. Let's try to fill a BCH block. The BCH halving is coming up this week, block 840,000 is currently estimated to be mined on early morning April 3rd. (Maybe even April 2nd) To celebrate, maybe we can try to fill that block. \n\nThe moment Block 839,999 gets mined, we can all send a bunch of small BCH transactions. Maybe we can even post BCH addresses on this subreddit and send a couple cents of BCH to each other. \n\n\nIs this a stupid idea? ", 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', '1bsmp92', [['u/LovelyDayHere', 20, '2024-04-01 00:28', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgmwlg/', '> Is this a stupid idea?\n\nTakes a lot of transactions to fill a block, but the problem is: You don\'t get to choose the size of block mined, that\'s up to whichever miners solves that "magic number" block...\n\nIt could be a 4MB block, an 8MB block, 16MB, 32MB or even a block found rapidly after the previous where the miner hasn\'t seen all the BCH transactions and so doesn\'t include them.\n\nYou\'d be extremely lucky to get a full 32MB block mined, because not all miners mine with that setting as their soft cap.\n\nI think the only way is if some miner would like to participate and help ensure a full block is mined, but even they cannot guarantee they\'ll be the first.\n\nExercise: Find all miners who have mined a full 32MB block in the past.', '1bsmp92'], ['u/siddsp', 20, '2024-04-01 00:33', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgnnf5/', "You're free to make as many transactions as you want. You can choose to fill a block. The network is permissionless.", '1bsmp92']]], ['u/publicclassobject', 'In your opinion, is Web3 a resume red flag?', 196, '2024-04-01 00:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', 'I have an attractive offer to join a Web3 startup. It’s backed by a tier-1 VC and the team is mostly from FAANG-tier companies. I believe they have a genuinely compelling use case for blockchain.\n\nI’m not really a big crypto bro or anything. I don’t even own any bitcoin or eth. I’ve always thought decentralization was super cool in theory, but have been turned off by the grifty/cringey culture surrounding the tech. \n\nI currently have a decade at a FAANG on my resume and am getting the itch to try a start up. \n\nOne hang up I have is that future employers might get a negative perception from crypto on my resume. \n\nWhat do you guys think? ', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', '1bsmv9f', [['u/Ok-Entertainer-1414', 40, '2024-04-01 00:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgne7y/', "It'd be a yellow flag for me but not insurmountable. I probably would probe around it a bit in an interview, but if the company's not doing something scammy like NFTs, and you can explain why blockchain plausibly was a good use case for whatever problem this software solves, I wouldn't hold it against you", '1bsmv9f'], ['u/potatolicious', 237, '2024-04-01 00:37', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgo8c2/', 'Yellow flag. Candidate could still be a solid engineer, but I’d have questions about product sense and judgment. \n\nThe yellow flag shifts a bit towards red for more senior and staff roles, where I put a much greater emphasis on sound judgment. I’d have some hard questions about the product and their role in defining it, as well as how they determine product need, technology choice, and measures of success. \n\nColor me skeptical about “we are an actually useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.', '1bsmv9f'], ['u/lightmatter501', 220, '2024-04-01 00:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgolul/', 'Will you actually be paid in a currency you can do taxes in? Many crypto companies want to pay in crypto. \n\nIf all goes well, yellow flag. But if it turns into a flaming trash heap while you are there that alone might get your resume tossed. FTX sponsored a sports stadium and turned out to be a scam, so don’t assume it’s too big to be a scam. \n\nI would look for a startup in a less scam-rich area of the industry if I were you.', '1bsmv9f'], ['u/publicclassobject', 84, '2024-04-01 00:43', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgp83i/', 'There is a Token component to the compensation, but base salary is paid in USD. The base is very competitive. Between 250-300k cash fully remote in the US.', '1bsmv9f'], ['u/lightmatter501', 65, '2024-04-01 00:48', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgpzim/', 'Have you talked with someone about what that is going to do to your taxes? Since most cryptocurrencies are not securities they have funny tax implications, and 250-300k puts you in the IRS’s favorite class to audit.', '1bsmv9f'], ['u/Main-Drag-4975', 25, '2024-04-01 00:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqlhw/', 'If said Google product seemed to have likely been a scam from the beginning then yeah, we would.', '1bsmv9f'], ['u/publicclassobject', 40, '2024-04-01 00:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqxnw/', 'Yeah. They have it set up so you can file an 83B before the network launches when the tokens have negligible value. Then you just owe capital gains when you sell.', '1bsmv9f'], ['u/Schmittfried', 13, '2024-04-01 00:56', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgr7pc/', 'To offer a different perspective, I‘d actually find you more interesting.\xa0', '1bsmv9f'], ['u/Onsquared', 14, '2024-04-01 01:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgs68u/', 'It depends on the type of work you are doing.\n\nIf you are cloning an existing contract, or making an other animal or food-inspired coin stay away. \n\nProductizing Web3 requires the patterns used for scaling standard microservices as well. So if you work on productization you will have a truly impressive resume.\n\nI have Web3 work on my resume(Eth based), and when I talk about my experience with smart contracts etc folks, seem fascinated by the work I did. \n\nI feel blockchain and web3 has some solid technology behind it. All the speculation has been a distraction from the core technology and the purpose blockchains were built. The space is truly fascinating with some interesting use cases such as lending( Maker DAI etc), decentralized exchanges(DEX), and more. \n\nIf you believe in the idea and team, go for it.\n\nGood luck!', '1bsmv9f'], ['u/United_Cat_3317', 31, '2024-04-01 01:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgsnz5/', 'I don’t even care… Money is money. I’d assume you did it for financial reasons.', '1bsmv9f'], ['u/huhblah', 21, '2024-04-01 01:08', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgt6pj/', ">I\xa0believe they have a genuinely compelling use case for blockchain\n\n\nSo they've either broken ground for the first time in 15 years and will finally succeed where literally everyone else has failed, or this is gonna end up as a massive red flag on your resume.", '1bsmv9f'], ['u/potatolicious', 13, '2024-04-01 01:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgtj0n/', 'Well, if the shitty Google product turned out to have been a massive scam, then yeah, I would have questions for the candidate about when they discovered that their work was a scam, and what they chose to do about that knowledge.', '1bsmv9f'], ['u/valadil', 229, '2024-04-01 01:20', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgv1ok/', 'Blockchain always struck me as a solution looking for a problem. If the company has a good use case for it, good for them.', '1bsmv9f'], ['u/tfehring', 90, '2024-04-01 01:22', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvcrr/', "If it's truly a compelling use case, you should be able to describe the products you're building and the value you're creating without mentioning that the underlying technology is blockchain/web3 at all, making it a non-issue. If you can't describe why the startup's work matters without mentioning that it's trustless or decentralized or whatever, I would steer clear.", '1bsmv9f'], ['u/publicclassobject', 22, '2024-04-01 01:23', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvjj1/', 'That’s a good rule of thumb. The blockchain is really just an implementation detail for these guys. I didn’t even realize there was a blockchain involved until I read their white paper.', '1bsmv9f'], ['u/publicclassobject', 12, '2024-04-01 01:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvumd/', 'Haha you should see some of the heists I have seen pulled in the corporate world. So many terrible technical decisions have been made to advance careers.', '1bsmv9f'], ['u/OldHummer24', 17, '2024-04-01 01:30', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgwkge/', 'Tbh, dark orange flag. Everytime I see web3 companies, I have no idea what on earth they are trying to do. My gut feeling tells me its a bunch of BS, therefore, I would give you more scrutiny if you have web3 stuff on resume. Web3 attracts the talkative BS personality type that says nothing with many words.', '1bsmv9f'], ['u/Dubsteprhino', 18, '2024-04-01 01:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgxxex/', "Given they're issuing a token, this crypto company seems shady", '1bsmv9f'], ['u/E3K', 23, '2024-04-01 01:40', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgy577/', 'Your examples all sound like solutions where there are no problems.', '1bsmv9f'], ['u/bedake', 28, '2024-04-01 01:41', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgy9h3/', 'Damn I need to screenshot your comment to show my non-tech friends that still think block chain and crypto are going to change the world lmao', '1bsmv9f'], ['u/zeke780', 17, '2024-04-01 01:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgyez5/', 'This is the lone answer that makes sense in this thread. Have worked at faang and startups, interviewed a ton at both. No one cares, if you worked at a hedge fund / other fang / Albertsons / whatever. It’s a paycheck and I’m gonna assume you did it for that.', '1bsmv9f'], ['u/SpiderHack', 71, '2024-04-01 01:44', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgyrhd/', 'so as someone with early-ish academic papers on it and a (useless) patent, the entire thing would come down to... Do they say "They were paying 2x what I was making before, I didn\'t actually believe in the product, but I worked hard to implement what they wanted" \n\n\nAt least that is an honest reasoning', '1bsmv9f'], ['u/sebzilla', 30, '2024-04-01 01:49', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgzigz/', "> Color me skeptical about “we are an actually useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.\n\nI did work a few years back for a company using blockchain to make tracking data tamper-proof in chain-of-custody tracking for perishable goods being shipped from the source to the retail outlet.\n\nLots of large chains like Walmart have problems with spoilage when things like eggs, fruits, milk etc that need to stay refrigerated get hauled long distances and change trucks a few times along the way, or get stored in intermediary warehouses. If they arrive spoiled, there's no way to really know where the failure occurred.\n\nSo this startup embeds small IoT devices on shipments (in the pallets if I recall) that have several sensors that can record timecoded data about the environmental surroundings (vibrations, temperature, humidity, light, etc) and act as an immutable electronic record of the trip.\n\nI'm sure blockchain isn't strictly _necessary_ to do this, but it was a good way to market the data as effectively tamper-proof and they claimed it made their implementation simpler (meaning cheaper devices/hardware in the pallets).\n\nI don't even remember the company's name, I helped them staff up the web team that was building the dashboard and reporting tools that customers used.", '1bsmv9f'], ['u/Flubert_Harnsworth', 17, '2024-04-01 01:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh07t1/', 'I honestly don’t know but given your background I would think you could easily find a startup position that doesn’t involve web3.\n\nI just remember hearing nothing but bad things from devs working for crypto startups around the last run.\n\nAlso, anecdotally my one friend/acquaintance who is an experienced dev in crypto kind of lives in banana land with the degree of conspiracy theories he subscribes to. I think that the industry tends to attract / contribute to a lot of that and I know I would find it exhausting to spend a lot of time around that.', '1bsmv9f'], ['u/nocrimps', 47, '2024-04-01 02:00', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh184x/', 'Only red flag I see in this thread is all the people who care more about where you work than what your skills and experience are.', '1bsmv9f'], ['u/PSMF_Canuck', 21, '2024-04-01 02:07', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh2bl2/', 'If you needed an accountant, would you hire one whose last gig was an Enron-like implosion?', '1bsmv9f'], ['u/taelor', 28, '2024-04-01 02:24', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh4tj5/', 'This thread is extremely eye opening to me. I never would have thought so many people would be so prejudice against a candidate for something like this.', '1bsmv9f'], ['u/nocrimps', 13, '2024-04-01 02:28', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh5ghb/', "I've known for a long time but it's surprising to see people openly admit it.\n\nWhy do you think you can't compete against ex FAANG engineers? People assume they are automatically better even though hundreds of thousands of engineers, probably millions of engineers, have worked at these companies.", '1bsmv9f'], ['u/sayqm', 27, '2024-04-01 02:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh74ra/', "Do you really want to work on something you don't believe in, every day?", '1bsmv9f'], ['u/chain_letter', 51, '2024-04-01 02:40', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7a2j/', 'I still laugh at this moment in 2017 at a startup when the CEO got the engineers together, an investor was willing to put up a ton of money if we could find a use for blockchain.\n\nWe went through the features, and landed on "It\'s a slow af publicly viewable write only database, this is worthless."', '1bsmv9f'], ['u/publicclassobject', 11, '2024-04-01 02:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7k17/', 'If it wasn’t clear, I do believe in this specific project.', '1bsmv9f'], ['u/Xenasis', 22, '2024-04-01 02:44', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7w9s/', "> there are games out there using blockchains to modernize the old trading card game business model. it lets them offload the risk complexity around assuring authenticity and offering customer-to-customer marketplaces.\n\nAnd none of them are popular, because they're just reinventing the Steam marketplace but adding a needlessly complicated database to it.", '1bsmv9f'], ['u/Dubsteprhino', 12, '2024-04-01 02:46', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh88vs/', 'Why not use dollars then? Why the specific token?', '1bsmv9f'], ['u/Daishiman', 15, '2024-04-01 02:58', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxha1a1/', "Software is deeply embedded in business space of whatever company you work on. And if you're an actual senior/staff/principal, product and business sense in a early-stage company is absolutely critical.\n\nIf you tell me, as a supposedly experienced engineer, that you don't understand how the features you build are supposed to be adding value to your customers and how that helps the company make money, I'd be deeply skeptical of the person's ability to make sound decisions.", '1bsmv9f'], ['u/FlamingTelepath', 48, '2024-04-01 03:04', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhatil/', "> I'm sure blockchain isn't strictly necessary to do this\n\nIt's a strictly worse way of doing it because its more expensive. The only possible way it would be better is if there is a specific law or regulation requiring a particular quality of the data, which is something that likely will never exist. I've worked with people who have been doing IoT stuff since the early 90s and all of these sorts of problems have already been figured out and are quite easy now.", '1bsmv9f'], ['u/jschelling', 21, '2024-04-01 03:04', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhau2m/', 'It’s all reddit/too online talk. I have crypto on my resume and it’s not a problem. You get to work on interesting tech, and incredibly smart engineers. Unsurprisingly interesting tech and high compensation attracts great talent', '1bsmv9f'], ['u/FlamingTelepath', 12, '2024-04-01 03:06', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhb862/', "> Do we automatically yellow flag anyone from google who worked on insert shitty google product ?\n\nI mean, I worked on Google Glass which was not directly a scam, but a product which was designed as a hiring strategy, not for actual sale. I have to explain this to almost everyone who looks at my resume but most people just see Google and don't care what I worked on.", '1bsmv9f'], ['u/GrandOpener', 48, '2024-04-01 03:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhdxto/', 'Chains like Walmart have this problem because people can’t be bothered to enter data, or trackers don’t get scanned, or any of a number of other problems that blockchain doesn’t even attempt to solve. They don’t have widespread issues with people entering correct data and then attempting to tamper with it later.\xa0\n\nYou said it best in the middle: this is a marketing stunt. It sells, but it is actually a worse solution than what already exists for the problems those chains actually have.\xa0', '1bsmv9f'], ['u/SequentialHustle', 10, '2024-04-01 03:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhe60f/', 'Dapper Labs? lmao', '1bsmv9f'], ['u/robertbieber', 26, '2024-04-01 03:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhgcwm/', '> I did work a few years back for a company using blockchain tech to make tracking data tamper-proof in chain-of-custody tracking for perishable goods being shipped from the source to the retail outlet.\n\nLet\'s be clear, the "blockchain tech" is adding zero value to this solution. The stuff that actually matters is the sensors, the blockchain is just a more expensive, less useful way to record the data', '1bsmv9f'], ['u/robertbieber', 15, '2024-04-01 03:46', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhgzok/', "As an engineer, I'm absolutely going to look at anything crypto/web3/blockchain/DLT/whatever on a resume and cringe. But the thing is it doesn't actually matter what I personally think about past roles, it matters what hiring managers will think. And what they're generally going to care about is how hard was it to get that job and do people who are good at building software tend to go there. If it's a company with well known VC backing and its engineering team is stacked full of people from well regarded tech companies, I doubt anyone whose opinion actually counts in a hiring process is going to hold it against you", '1bsmv9f'], ['u/RothIRALadder', 46, '2024-04-01 03:47', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhh5pv/', 'They check off every crypto scam one-liner. There is no compelling use for blockchain and there never will be (except scams and doing illegal things online).\n\nHowever, the original question of "is it a resume red flag" is not really, as long as you get practical software engineering knowledge from the job. Also the money. Really hard to say no to $250k in real dollars a year.', '1bsmv9f'], ['u/Dubsteprhino', 39, '2024-04-01 03:49', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhhie1/', 'Dude imma be real, that\'s like, "it\'s not a pyramid scheme it\'s a reverse funnel". It\'ll be bust within a few years', '1bsmv9f'], ['u/robertbieber', 41, '2024-04-01 03:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhhvzm/', 'Give whoever is recording the data a private key, when data is recorded it gets signed with that private key and sent to everyone who cares about it. Everyone involved can then verify for themselves that they received the data at N timestamp and use the signature to confirm that it came from the claimed sender. This is just basic public key cryptography that for some reason everyone seems to think you need a blockchain for nowadays', '1bsmv9f'], ['u/ICanHazTehCookie', 29, '2024-04-01 04:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhjpxw/', 'Right, there are plenty of good reasons to take a job even when you disagree with the product', '1bsmv9f'], ['u/ICanHazTehCookie', 17, '2024-04-01 04:09', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhk8lh/', "I'm just judging with minimal context so ignore me lol, but if blockchain can be a mere implementation detail, it seems unnecessary? If you're not leveraging the few upsides it actually has - an intentional leaky abstraction, I suppose - other implementations do literally everything else much better", '1bsmv9f'], ['u/Daishiman', 15, '2024-04-01 04:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhkepi/', 'Everything Web3 has to be assumed shady by default.', '1bsmv9f'], ['u/robertbieber', 17, '2024-04-01 04:14', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhkyfn/', "It's providing zero marginal value compared to other, better solutions. I guess strictly speaking it's providing negative marginal value, since the result is more expensive and less useful. We're not talking about a situation where there are a bunch of options that are all more or less fine, like someone picking MySQL and you think Postgres would have been a better choice. It's more like someone picked using a CNC machine to etch your data into stone as a method of persistence vs. using an actual database", '1bsmv9f'], ['u/it_rains_a_lot', 46, '2024-04-01 04:32', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhngv5/', 'If the money is right, I will believe whatever you tell me to believe', '1bsmv9f'], ['u/prisencotech', 42, '2024-04-01 04:32', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhnisv/', '> I believe they have a genuinely compelling use case for blockchain.\n\n```[x] Doubt.```', '1bsmv9f'], ['u/hbthegreat', 13, '2024-04-01 04:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhq9df/', "There are many legitimate use cases for blockchain that aren't scams and doing illegal things online. Supply chain traceability and audit ability, digital asset ownership (particularly of intangible assets such as carbon credits), zero knowledge proofs and decentralised self sovereign IDs just to name a few.\n\nThe general issue is that most companies operating in that space currently try to hit every nail with a blockchain hammer rather than using it as a tool to achieve an outcome just like any other tool in a tech stack. \n\nNote I say blockchain here. Not cryptocurrency. Crypto is a lot less applicable but still has some applications in cross border trading and lending via debt pools to the unbanked.", '1bsmv9f'], ['u/effectivescarequotes', 13, '2024-04-01 05:00', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhr8ax/', '"Trustless" and "decentralized" are just aspects of a system, not benefits.', '1bsmv9f'], ['u/FreshOutBrah', 12, '2024-04-01 05:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhrgze/', 'I wish I could get to the point where I’m genuinely weighing offers on stuff like that. For me it’s pay, WLB, and willingness to hire me- I have a hard enough time aligning those factors', '1bsmv9f'], ['u/NiteShdw', 50, '2024-04-01 05:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhv3vm/', "Having worked 6+ years in crypto, I completely disagree. \n\nIf they were ONLY paying in a token, then I would agree. But in this case, it's really no different than offering stock options.", '1bsmv9f'], ['u/NiteShdw', 26, '2024-04-01 05:35', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhvnic/', "There are many opinions here. I'll give one as someone that worked in crypto for 6 years, including working at a DAO. \n\nAs long as you are being paid in USD and benefits are included like every other employer, you're good. Everything else like tokens are just as worthless as options. Don't count that as comp. \n\nDon't let people that have never worked in crypto freak you out. It is just a job like any other. (Unless it's a DAO, then it's different)", '1bsmv9f'], ['u/soundman32', 14, '2024-04-01 05:38', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhvyp7/', "I'd be interested to know what the legitimate case is. Apart from crypto (which might as well be trading black tulips), there really isn't one that a simple database wouldn't solve perfectly well.\nThe big selling point of blockchain is the distributed public ledger, and if yours is private and or not distributed, why borher?", '1bsmv9f'], ['u/bluesquare2543', 16, '2024-04-01 05:58', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhydp4/', 'yeah I agree, it is the same thing as RSUs.\n\nEspecially if the salary is legit. I had the same situation for one of the big crypto companies back in 2021, but you have to cover your ass because I think the company failed.', '1bsmv9f'], ['u/xudoxis', 17, '2024-04-01 06:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhz47e/', "You tell me a bit needs to get folded in half and moved across state I'll make it happen no matter how stupid an idea it is.\n\nI'll tell you what is a bad idea or how it could be done easier and cheaper. But we aren't making art, we aren't saving lives. Where that bit goes and who it canoodles with don't define me as a person.", '1bsmv9f'], ['u/alaksion', 90, '2024-04-01 06:29', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxi1pwl/', 'I think Web3 in general is the perfect solution for a problem that doesn’t exist.', '1bsmv9f'], ['u/prescod', 10, '2024-04-01 08:55', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxif6d0/', 'Whenever I see a blockchain technology that can legitimately never been done any other way, I also see some law being broken or routed around.\n\nSo yes: routing around laws (good or bad, depending on jurisdiction and specific law) is a “legitimate” use case for blockchain and pretty much the only one.\n\nBut how are you going to build a long-term successful legal company by providing products to criminals?', '1bsmv9f']]], ['u/Entire-Loss-7901', 'MSTR S&P 500', 24, '2024-04-01 00:27', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/', 'Lots of talk that MSTR will be eventually be added into the S&P 500 and lead towards a spike in the stock price, as pretty much every investor will be forced into hold some bitcoin/MSTR. However, as of present MSTR doesn’t fulfill the S&P 500 requirement of having four consecutive quarters of profitability. Does anyone know where MSTR stands on this requirement as of this moment?', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/', '1bsmvx4', [['u/Social_Errorist77', 20, '2024-04-01 01:12', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/kxgtrvj/', 'Michael Saylor was the one pushing for FASB accounting where digitals assets can finally be reported on balance sheets. We have seen how stocks like CLSK and HUT have jumped on news of positive quarters and improved earnings despite NOTHING having changed in the financial structure of the stock. \n\nThis is the first quarter that MSTR is eligible to change to FASB accounting. I think they are going to do it. The timeline is too perfect and they have the event Microstrategy World right after (4/19) where I\'m quietly optimistic for something surprisng. \n\nThis is the GUY that campaigned for this and now he\'ll finally get to do it. I don\'t even know what their profit on their bitcoin horde is. It was over 5 billion $ a month ago so if anyone wants to do a quick calculation, please share.\n\nJudging by CLSK and HUT, I don\'t think anything is priced in by Tradefi. I don\'t think the "premium" at the moment has anything to do with this, given that it\'s not even definitive that they might do it this quarter. If they do, they are in the green.\n\nAnd not only that, but SPY requires that the trailing 4 quarters be profitible on an accounting basis. So they\'ll be green to go given that the profits would cover all the perceding ones\n\nThis stock really is a unicorn and alot of people are in disbelief about it.\n\nMichael Saylor is very wierd person that feels beholden to leave something to humanity. That Dot Com bubble bust really crushed him and ever since then, he\'s been trying to repay faith to the people of his company. I don\'t think you\'ll ever find a leader quite like him again that is actively trying to help shareholders. \n\nYou will never find an MSTR ever again.\n\nThat being said i think 6 to 9 months is pretty realistic outlook on their inclusion if they are eligible after this earnings report.(FASB accounting)', '1bsmvx4']]], ['u/zoomzoom183', 'I sold $5000 BTC, account still restricted despite successful verification...', 40, '2024-04-01 00:46', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/', "I sold $5000 of Bitcoin (BTC) for USD Coin (USDC) on Coinbase, I encountered an issue where my account became restricted, preventing me from cashing out. Despite having previously verified my account successfully, I am unable to access my funds. I contacted Coinbase's live chat for assistance and was told to expect an email response regarding the situation. However, I have not received any communication or resolution from Coinbase...", 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/', '1bsnd6d', [['u/zoomzoom183', 11, '2024-04-01 00:47', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgpvzs/', "[https://imgur.com/a/15772XW](https://imgur.com/a/15772XW) here is what it shows me when I click 'cash out'.", '1bsnd6d'], ['u/zer0nerd', 16, '2024-04-01 01:27', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgw4ro/', 'Open a ticket at BBB.', '1bsnd6d'], ['u/whatsyours10', 15, '2024-04-01 01:43', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgymnl/', 'I’m beginning to think that Coinbase has $0.00 in cash accounts to satisfy withdrawals. I wonder if they know of SBF and his money irregularities? Trouble is I’m not sure that ANY of the crypto exchanges are trustworthy. Prove me wrong, please.', '1bsnd6d'], ['u/BetLongjumping5132', 11, '2024-04-01 01:50', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgzn6x/', 'I think it is an attempt to comply with Regs and AML but they have poorly programmed systems and terrible support.', '1bsnd6d']]], ['u/SmartAndStrongMan', 'Why does the halving matter anymore?', 103, '2024-04-01 01:50', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/', 'I posted this in the bitcoin sub and got deleted.\n\nIn prior cycles, miners had a disproportionate control over the supply of bitcoins, so cutting their supply of bitcoins in half would obviously lead to large supply shocks.\n\nNow that 400+K bitcoins are being traded daily and with the vast majority of bitcoins now mined, why does 450 fewer daily bitcoins even matter anymore? Why is everyone acting like the halving is a big deal when the effects on total daily volume are so miniscule? It just sounds like delusional bull euphoria.', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/', '1bsovhc', [['u/_tobias15_', 176, '2024-04-01 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh0wdf/', 'When you put your life savings into a speculative bubble, anything that can ramp up speculation matters.', '1bsovhc'], ['u/Studstill', 56, '2024-04-01 02:00', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1931/', '"400000" "traded" "daily", eh?\n\nLol. Delusional.', '1bsovhc'], ['u/Studstill', 10, '2024-04-01 02:01', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1clb/', 'What\'s a "cycle" in this most stupid of fucking contexts?', '1bsovhc'], ['u/HopeFox', 55, '2024-04-01 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1mw9/', "Even if we pretend that the demand is real and that the trading volume is real... you're precisely correct, the additional supply from mining is irrelevant.", '1bsovhc'], ['u/Master_Engineer_5077', 46, '2024-04-01 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh5ke8/', 'Blockchain is irrelevant. No one uses it. people buy IOUs to supposed database entries on this stupid thing they call blockchain that destroys value. To phrase this the way a bitcoiner would, "off chain" transactions are almost 100% at this point.', '1bsovhc'], ['u/mechanicalcontrols', 11, '2024-04-01 02:35', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh6hs4/', "After 210,000 blocks, (very close to 4 years but it's based on the number of blocks not passage of time) the amount of Bitcoin generated by solving the hash function of a block goes down by half. It should happen pretty soon and it's like the only source of hype bitcoin has left after all the stimulus money from 2021 dried up and the ETFs didn't lead to major inflows that the true believers predicted would happen.", '1bsovhc'], ['u/furikawari', 12, '2024-04-01 02:38', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh6xu8/', 'The miners are compensated for wasting electricity (and investment capital) by the mining reward. If you make bad assumptions about the demand curve, you can construct an argument that the price will go up because the payment for finding the magic nonce (in bitcoin) goes down while the cost of finding the magic nonce (in dollars) stays the same. \n\nIn reality it “won’t matter” because the miners have a lot they haven’t sold, but it “will matter” because the market is delusional and/or fraudulent.', '1bsovhc'], ['u/TSM-', 20, '2024-04-01 02:46', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh892e/', "It's worth almost as much as rare ape nft.", '1bsovhc'], ['u/BerlinBorough', 27, '2024-04-01 02:49', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh8noz/', 'Only Halving that is happening in crypto is SBF halving his prison rations for protection in the slammer.\xa0', '1bsovhc'], ['u/Rokey76', 11, '2024-04-01 03:01', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhae55/', 'Because Bitcoin operates on the concept "Past performance guarantees future results."', '1bsovhc'], ['u/Prestigious_Guest182', 18, '2024-04-01 03:05', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhazue/', 'I’m trying to work this out too.\n\nWith fewer rewards for miners, we expect miners to close shop. Not all. How many is debatable. But profits from mining alone are tough as it is and when they drop by 50% it’ll surely knock a few out.\n\nSo the next equation is trading fees. The other way miners make money. For that to make profit you need bitcoin changing hands all the time. Lots of fees. If this were a currency, you’d get that. But no one does that (they’re all HODLER’s, right?) and it’s not well built for that anyway due to slowness.\n\nSo I suspect miners being knocked out will be substantial.\n\nHow that affects price? I’m not sure. But I can’t see how it’s bullish.\n\nThe bullish argument is fewer coins, more demand = higher prices. And that’ll offset the smaller rewards for miners.\n\nOf course bitcoiners always assume is more buyers are just over the horizon. Line always goes up.\n\nIssue is without any substantial utility, more buyers will dry up. I’m sure of it. It’s just a matter of when. And the irrational market can stay around longer than you predict.', '1bsovhc'], ['u/Hairy_S_TrueMan', 10, '2024-04-01 03:11', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhbyhv/', "It doesn't. Transaction fees will just go up. It's an obvious conclusion but one bitcoiners have to avoid to generate hype.\xa0", '1bsovhc'], ['u/AmericanScream', 28, '2024-04-01 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhi1ac/', 'In the world of crypto, which produces absolutely nothing in society that people need, there has to be some kind of "news flow" that fuels the hype-cycle that attracts greater fools. Every few months there will be something, and some of those things happen at certain intervals like the halvening. \n\nIn reality, the halvening does matter. It progressively makes it less profitable to operate the blockchain. And in order to sustain the blockchain, trading prices have to constantly grow, which is why a big deal is made of it. But does it make sense? Only from a propaganda/deception standpoint.', '1bsovhc'], ['u/Desiato2112', 21, '2024-04-01 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhiw3m/', "Yep. \n\nOP don't be messing with bull wave. I need to fleece the greater fools.", '1bsovhc'], ['u/Studstill', 14, '2024-04-01 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhmymq/', 'Few fam, I was in like 3rd grade when Pogs blew up.\n\n8 year olds. 8 year old humans can identify "trading" little cardboard pictures or from denser equally worthless scrap materials as a waste of labor or time. \n\nAnd Pogs were r e a l eff eff essssss.\n\nSo I\'m supposed to read a w e b s i t e that tells me functional adults are "trading" by the "hundreds of thousands" identical nonexistent representations of entries digitally recorded in the answer to the question of what\'s the shittiest possible way to record data, like if you wanted to fuck some one over what\'s the method you\'d tell them to do?\n\nFew fam, respectfully to entities sharing organs and votes with us\n#fuck that\n\n>I lol for if I did not I would scream without end.\n\n>Alan Alda, M.A.S.H', '1bsovhc'], ['u/NotAFishEnt', 30, '2024-04-01 04:29', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhn4pi/', "If the market were rational, the remaining supply would already be priced in. It's public knowledge how much Bitcoin will eventually be mined, and investors can set their price targets based on that knowledge.", '1bsovhc'], ['u/customtoggle', 11, '2024-04-01 08:18', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxic25g/', '>But sure. Bitcoin had no value and is purely speculative\n\nA butter speaks the truth\n\n*SHOCK HORROR*', '1bsovhc'], ['u/RidingUndertheLines', 15, '2024-04-01 08:42', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxie4c3/', 'Yup, investors can do their due diligence by looking at Bitcoin annual revenues, profits and other publicly disclosed information.', '1bsovhc'], ['u/Rokos_Bicycle', 25, '2024-04-01 08:49', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxienpp/', 'Yesterday was Easter Sunday. A friend of mine transferred some money to me and it arrived in less than a minute, using Australia\'s interbank Osko system.\n\nBut sure, bitcoin "solves" whatever problem you imagine I have with this system.', '1bsovhc'], ['u/PyramidConsultant', 10, '2024-04-01 09:39', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxiimbu/', "Common sense IS allowed, but we don't like stupid crypto propaganda.", '1bsovhc'], ['u/bazelistka', 15, '2024-04-01 10:52', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxio9ps/', "Huh? I can transfer funds on a weekend and they arrive instantly. Why do bitcoin proponents always seem stuck in some archaic idea of a banking system? Aren't you supposed to be forward thinking and up to date on this stuff?", '1bsovhc'], ['u/AgentBond007', 33, '2024-04-01 11:51', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxisz5r/', "Butters would do well to learn the wisdom of Wallstreetbets when it comes to things being priced in.\n\n> Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb fucking question again.", '1bsovhc'], ['u/tjscobbie', 16, '2024-04-01 12:25', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxivz88/', "I'd love a breakdown of what those transactions are accomplishing. You have that handy?\xa0", '1bsovhc']]], ['u/SuperSan93', 'First time buyer', 42, '2024-04-01 02:16', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/', 'With the bull run around the corner I realized I needed to diversify my investments a little bit more and purchase some L1s with potential. So I bought 2k USD of Algo.\n\nI did some cover research into the coin but are there any recommendations for reading material?\n\nAny recommended hotwallets where I can store my Algo. Like Trust wallet or BTCs Muun for example.\n\nFinally, is there a specific bag size that people generally aim for?', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/', '1bsphpo', [['u/Background-Ad-2102', 24, '2024-04-01 02:25', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxh4y0y/', 'X (twitter) is a good way to stay up to date on projects. Follow John Alan Woods (CTO) or Staci Warden (CEO). MJ Algo and Eldar also post a lot of projects and updates.\n\nPera Wallet is most popular hot wallet. Defly is probably 2nd.\n\nPeople probably want to aim for 30k algo for the upcoming node incentive rewards.', '1bsphpo'], ['u/notyourbroguy', 12, '2024-04-01 03:27', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxheapg/', 'The Lex Friedman interview with Silvio Micali on YouTube is a great starting point.', '1bsphpo'], ['u/bialy3', 10, '2024-04-01 04:10', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxhke7r/', 'Check out the Algorand roadmap:\n\nhttps://www.algorand.foundation/2024-roadmap', '1bsphpo']]], ['u/brandoninc95', 'Will VGA price increase as bitcoin price increased too?', 20, '2024-04-01 02:25', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/', "I remembered it, it was 2017, crypto was a thing back then, all of the dealers in my country has a GPU Shortage, because all of the miners buying all the GPU to mine crypto. And now it's happening, bitcoin reached it's all time high, will it be the same? Fyi I paid ridiculous amount for a 1060 6GB, around 450$ish because of the shortage. I regret it that much, should I upgrade now or wait until the crypto crash again? IDK pls help me", 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/', '1bspooi', [['u/MarxistMan13', 54, '2024-04-01 02:38', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/kxh6y1b/', 'Unless something has changed recently, GPUs are not really used for mining anymore. Specialized ASICs have taken over.', '1bspooi'], ['u/dweller_12', 27, '2024-04-01 02:48', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/kxh8jxz/', "No, GPUs are useless for mining ETH now, only other garbage coins that have wildly fluctuating values. After electric costs virtually none are profitable.\n\nAI model training has increased prices of certain GPUs with very high VRAM amounts (3090, 3090ti, 4090) but outside of that there isn't much demand for gaming GPUs besides gaming.", '1bspooi']]], ['u/WWCJGD', 'The Moon pump IS coming.', 24, '2024-04-01 03:41', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs/the_moon_pump_is_coming/', 'People need to think about how alt markets happen. They happen when a large portion of people have profits - we need to push like 85k BTC and next alt season is upon us. Moons WILL be scarce then. I hope your bags are packed. A few k will be life changing.', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs/the_moon_pump_is_coming/', '1bsrbxs', [['u/WWCJGD', 10, '2024-04-01 03:45', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "• US stocks traded mostly lower on Monday following the release of strong economic data.\n• The ISM manufacturing index rose to 50.3 in March, representing the first monthly expansion since 2022.\n• The data poured cold water on hopes for interest rate cuts in June.\nStocks dropped and bond yields spiked on Monday after solid economic data poured cold water on hopes of a June interest rate cut from the Federal Reserve.\nManufacturing activity as measured by the ISM Index jumped to 50.3 in March, well ahead of expectations. The data represented the first monthly expansion in manufacturing since 2022. Component prices also shot up in the ISM report, raising concerns about stubborn inflation.\nIf inflation reaccelerates, the Fed would likely err on the side of caution and postpone its planned interest rate cuts. The probability of a Fed interest rate cut in Junefell below 50%immediately following the ISM report, according to data from Bloomberg.\nProspects for a June interest rate cut were initially higher on Mondayas investors reacted to Friday's release of PCE inflation data,which was in line with expectations.\nHere's where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,243.77, down 0.2%\n• Dow Jones Industrial Average:39,566.85, down 0.6% (241 points)\n• Nasdaq Composite:16,396.83, up 0.1%\nHere's what else happened today:\n• Trump Media stock dropped 26% on Mondayafter the company released updated financial data that showed growing losses.\n• Gold prices hit a record high on Monday to above $2,260 per ounce.The surge comes as investors anticipate interest rate cuts from the Fed.\n• Retail investors are piling into riskier, high-leverage ETFsthat track the stock market amid new record highs.\n• The value of Truth Media and Technology Group does not appear sustainablegiven its paltry revenue and sizable losses, BI's Emily Steward writes.\n• Meme stocks are making a comebackas retail investors start to get more excited about the stock market.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.94% to $83.95 a barrel.Brent crude, the international benchmark, jumped by 0.70% to $87.61 a barrel.\n• Goldjumped 1.05% to $2,261.90 per ounce.\n• The 10-year Treasury yield rose 12 basis points to 4.33%.\n• Bitcoindropped by 2.70% to $69,390.\nRead the original article onBusiness Insider", 'The Chinese government has introduced a new public blockchain infrastructure platform led byConflux Network, a multichain blockchain ecosystem under the Conflux Foundation. The platform, called the "Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative," has been designed to provide a foundation for cross-border applications on a public blockchain.\nAccordingto Conflux Network, the main objective of this project is to establish a robust public blockchain infrastructure that supports the implementation of cross-border cooperation projects aligned with the Belt and Road Initiative. The platform aims to foster collaboration and enable the development of applications that demonstrate seamless cooperation across international borders.\nAs calls for greater scrutiny of the crypto industry persist, China is preparing to make a significant amendment to its Anti-Money Laundering (AML) regulations. This amendment, the first major revision since 2007, aims to impose stricter guidelines on cryptocurrency-related transactions to combat money laundering. Recent reports have indicated that "virtual currency trading platforms" facilitated an underground banking operation worth $2.2 billion, evading the country\'s foreign exchange restrictions.\nThe Chinese government\'s foray into blockchain infrastructure comes despite its previous strict stance on cryptocurrencies. China began tightening its control over the crypto industry in 2017, leading to the closure of local Bitcoin exchanges. In 2021, Beijing further intensified the crackdown on cryptocurrencies by banning trading and mining and prohibiting offshore exchanges from operating within the country. Prior to these measures, China controlled a significant portion of the global Bitcoin mining hashing power.', "• Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November.\n• Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March.\n• June Fed rate cut probability dipped below 50% after the manufacturing data.\nBitcoin {{BTC}} faced selling pressure during Asian trading hours on Tuesday as upbeat U.S. factory data lifted the dollar index (DXY) to the highest since mid-November.\nThe leading cryptocurrency by market value fell 4% to $66,342 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000,CoinDesk data show. The broader crypto market nursed losses, with ether {{ETH}}, Solana's SOL and Dogecoin {{DOGE}} registering more significant losses. Meanwhile, thebroader CoinDesk 20 indexfell nearly 8%.\nThe dollar index, which tracks the greenback’s value against major fiat currencies, topped the 105 mark for the first time over four months, taking the four-week gain to 2.58%. A stronger dollar makes dollar-denominated assets like bitcoin and gold expensive, potentially leading to lower demand. Besides, sustained dollar strength is known tocause financial tighteningworldwide, denting investors’ willingness to take risks.\nThe Institute for Supply Management’s (ISM) manufacturing purchasing manager’s index (PMI)released Mondayshowed that factory activity unexpectedly expanded in March, the first growth since September 2022.\nThe PMI rose 2.5 points to 50.3 last month following February’s 47.8 reading. The headline figure crossed into expansion territory above 50, halting 16 straight months of contraction and weakening the case for Fed rate cuts. The new orders index also moved back into expansion territory and the prices index jumped to 55.8%, up 3.3 percentage points compared to the reading of 52.5% in February.\nAccording toBloomberg, the amount of Fed rate cuts priced into swap contracts for this year has declined to less than 65 basis points following the manufacturing report. In other words, the market now expects the Fed to walk back on its forecast of three 25-basis point rate cuts for 2024. The probability the Fed will deliver the first rate cut in June has dropped below 50%.\n“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday.\nSome analysts, however, believe theballooning fiscal debtwill eventually force the Fed to cut rates rapidly, offering a major bullish tailwind to crypto prices. The Fed raised rates from zero to 5.5% in 16 months to July 2023 to tame inflation. The so-called tightening was partly responsible for bitcoin’s 80% price crash in 2022.\nLooking ahead, bitcoin may remain volatile for some time as several job reports are lined up this week, including Friday’s nonfarm payrolls figure and the unemployment rate. Besides, Bitcoin blockchain’s quadrennial miningreward halvingis due later this month.", "• Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November.\n• Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March.\n• June Fed rate cut probability dipped below 50% after the manufacturing data.\nBitcoin {{BTC}} faced selling pressure during Asian trading hours on Tuesday as upbeat U.S. factory data lifted the dollar index (DXY) to the highest since mid-November.\nThe leading cryptocurrency by market value fell 4% to $66,342 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000,CoinDesk data show. The broader crypto market nursed losses, with ether {{ETH}}, Solana's SOL and Dogecoin {{DOGE}} registering more significant losses. Meanwhile, thebroader CoinDesk 20 indexfell nearly 8%.\nThe dollar index, which tracks the greenback’s value against major fiat currencies, topped the 105 mark for the first time over four months, taking the four-week gain to 2.58%. A stronger dollar makes dollar-denominated assets like bitcoin and gold expensive, potentially leading to lower demand. Besides, sustained dollar strength is known tocause financial tighteningworldwide, denting investors’ willingness to take risks.\nThe Institute for Supply Management’s (ISM) manufacturing purchasing manager’s index (PMI)released Mondayshowed that factory activity unexpectedly expanded in March, the first growth since September 2022.\nThe PMI rose 2.5 points to 50.3 last month following February’s 47.8 reading. The headline figure crossed into expansion territory above 50, halting 16 straight months of contraction and weakening the case for Fed rate cuts. The new orders index also moved back into expansion territory and the prices index jumped to 55.8%, up 3.3 percentage points compared to the reading of 52.5% in February.\nAccording toBloomberg, the amount of Fed rate cuts priced into swap contracts for this year has declined to less than 65 basis points following the manufacturing report. In other words, the market now expects the Fed to walk back on its forecast of three 25-basis point rate cuts for 2024. The probability the Fed will deliver the first rate cut in June has dropped below 50%.\n“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday.\nSome analysts, however, believe theballooning fiscal debtwill eventually force the Fed to cut rates rapidly, offering a major bullish tailwind to crypto prices. The Fed raised rates from zero to 5.5% in 16 months to July 2023 to tame inflation. The so-called tightening was partly responsible for bitcoin’s 80% price crash in 2022.\nLooking ahead, bitcoin may remain volatile for some time as several job reports are lined up this week, including Friday’s nonfarm payrolls figure and the unemployment rate. Besides, Bitcoin blockchain’s quadrennial miningreward halvingis due later this month.", 'AfterBitcoin (BTC) made an attempt to retest the $68,000 support level on April 1, it faced further weakness as the largest cryptocurrency broke below the $68,000 level, falling 5.38% to trade at $66,700 at the time of writing. BTC has declined by 6.3% since the start of Q2.\nInstitutional outflows from spot Bitcoin ETFs continue after the long Easter weekend, likely inducing further downside to the price of Bitcoin.\nOn April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million.\nQCP Capital, a Singapore-based trading firm and market maker, warned of increased downward pressure across cryptocurrency spot markets in its latest "Asia Morning Color" update on its Telegram channel.\nThey reported that the crypto options market provided early insight to the current sell-off, where significant interest in selling calls and buying puts in both BTC and ETH put downward pressure on spot prices.\nThey also pointed out that the sharp sell-off in BTC and other crypto assets were due to large liquidation on exchanges like Binance. Perpetual contracts funding rates reset from as high as 77% to flat.\nExamining the exchange order book liquidity on Binance, trading resource Material Indicators indicated a challenging picture for BTC\'s price action leading up to the upcoming Bitcoin halving. The firm highlighted increasing bid liquidity toward $60,000, suggesting that "smart money" had placed bids down to $62,000.', 'AfterBitcoin (BTC) made an attempt to retest the $68,000 support level on April 1, it faced further weakness as the largest cryptocurrency broke below the $68,000 level, falling 5.38% to trade at $66,700 at the time of writing. BTC has declined by 6.3% since the start of Q2.\nInstitutional outflows from spot Bitcoin ETFs continue after the long Easter weekend, likely inducing further downside to the price of Bitcoin.\nOn April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million.\nQCP Capital, a Singapore-based trading firm and market maker, warned of increased downward pressure across cryptocurrency spot markets in its latest "Asia Morning Color" update on its Telegram channel.\nThey reported that the crypto options market provided early insight to the current sell-off, where significant interest in selling calls and buying puts in both BTC and ETH put downward pressure on spot prices.\nThey also pointed out that the sharp sell-off in BTC and other crypto assets were due to large liquidation on exchanges like Binance. Perpetual contracts funding rates reset from as high as 77% to flat.\nExamining the exchange order book liquidity on Binance, trading resource Material Indicators indicated a challenging picture for BTC\'s price action leading up to the upcoming Bitcoin halving. The firm highlighted increasing bid liquidity toward $60,000, suggesting that "smart money" had placed bids down to $62,000.', "• Major tokens experienced a significant drop in the past 24 hours, with bitcoin falling 5% and other major tokens like ether, Cardano's ADA, and BNB Chain’s BNB showing similar losses.\n• Liquidations of long positions, or bets on higher prices, amounted to over $400 million, while shorts, or bets against, took on a relatively smaller $85 million.\n• Analysts at Bitfinex suggested that bitcoin is likely to remain range-bound in the coming weeks as long-term investors sell off holdings.\nMajor tokens slid as much as 8% in the past 24 hours as bitcoin {{BTC}} reversed last week’s gains amid selling pressure causedby a stronger dollar, leading to over $400 million bullish bets being liquidated.\nData shows that bitcoin fell 5%, with ether {{ETH}}, Cardano’s ADA, and BNB Chain’s BNB showing similar losses. Solana’s SOL dropped 7% to trade at $185 after briefly touching $200 on Monday, while Dogecoin {{DOGE}} dropped more than 8%. Bitcoin Cash’s BCH fell 10% amid profit-taking after a 40% rally in the past week, buoyed by the expectedhalving eventfor the network on April 4.\nThe broad-basedCoinDesk 20, a liquid index tracking major tokens minus stablecoins, slumped just over 5%.\nLongs, or bets on higher prices, took on more than $400 million in liquidations, with shorts, or bets against, taking on a relatively smaller $85 million. A liquidation happens when a trader has insufficient funds to keep a leveraged trade open.\nAnalysts at crypto exchange Bitfinex told CoinDesk in an email that some long-term investors sold off holdings in the past week, adding they expect bitcoin to be range-bound in the coming weeks.\n“We believe that bitcoin is likely to continue to consolidate within a range, as previously dormant supply, particularly among Long-Term Holders (LTHs), is being sold (although at a relatively smaller scale than previous bull market tops),” Bitfinex said.\n“There is strategic profit-taking observed among the LTH cohort (holders of BTC of more than 155 days),” the analysts added.\nElsewhere, FxPro senior market analyst Alex Kuptsikevich said in a message that bitcoin faces resistance at the $71,000 level as broader markets show caution against riskier assets.\n“Bitcoin's fourth attempt to consolidate above $71K this week was unsuccessful. The Nasdaq100 also showed some downward bias, indicating a cautious attitude towards risky assets, although the S&P500 closed at another high,” Kuptsikevich said. “Bitcoin has thus found strong resistance, and the $69.5K and $68.5K levels attract our increased attention.”", '(Updates at 0920 GMT)\nBy Harry Robertson and Kevin Buckland\nLONDON/TOKYO, April 2 (Reuters) - The U.S. dollar hit its highest in almost five months on Tuesday as stronger-than-expected economic data caused investors to cut their bets on a June rate cut, boosting the currency.\nFears of intervention by Japanese officials slowed the dollar\'s gains against the yen, however, even as long-term U.S. Treasury yields - which the currency pair tends to track - jumped to a two-week top overnight.\nThe dollar index rose to 105.1 on Tuesday, its highest level since Nov. 14, adding to sharp gains on Monday after\nU.S. data unexpectedly showed the first expansion in manufacturing since September 2022. It last stood at 105, unchanged from Monday.\nThe euro fell to its lowest since mid-February and was not far off its November lows, trading down slightly at $1.0732 . Data on Tuesday showed that the euro zone factory downturn deepened again in March.\nSterling was little changed at the bottom end of its recent range and near its lowest since December at $1.2558.\nMonday\'s U.S. ISM manufacturing survey data also showed a sharp rise in a measure of prices in the sector, adding to investors\' concerns that inflation will be slow to fall back to 2%, delaying the Federal Reserve\'s first rate cut.\nFed Chair\nJerome Powell\non Friday said the central bank was in no hurry to lower borrowing costs after data showed a key measure of inflation rose slightly in February.\n"This (dollar) strength is an extension of the move seen late last week when the Federal Reserve\'s Christopher Waller delivered a less dovish speech," said Chris Turner, head of global markets at ING.\nTurner said U.S. job openings data could weigh on the dollar later in the day if it shows a fall in vacancies.\n"Any reversal in this dollar strength - if it does come - will have to be data-driven," he said.\nYEN FLAT\nThe Japanese yen was last flat at 151.58, after earlier dipping to 151.79. It has traded in a tight range since reaching a 34-year trough of 151.975 on Wednesday, which spurred Japan to step up warnings of intervention.\nOn Tuesday, Finance Minister Shunichi Suzuki reiterated that he would not rule out any options to respond to disorderly currency moves.\nJapanese authorities intervened in 2022 when the yen slid toward a 32-year low of 152 to the dollar.\nThe yen\'s decline has come despite the Bank of Japan\'s first interest rate hike since 2007 last month, with officials cautious about further tightening amid a fragile exit from decades of deflation.\nOfficials are "wary of backing themselves into a corner by drawing a line in the sand at 152", said Nicholas Chia, Asia macro strategist at Standard Chartered.\n"The rationale of jawboning and intervening in FX markets is mainly to buy time for the JPY in the hopes that USD strength wanes and recedes."\nElsewhere, China\'s yuan fell to a 4-1/2-month low as a strong dollar offset selling of the U.S. currency by state-owned banks. The yuan fell to a low of 7.2357 per dollar on the day, its weakest level since November 2023.\nBitcoin declined 4.8% to $66,400 following a sudden drop of more than $3,000 in the space of about 15 minutes in the highly volatile cryptocurrency.\n(Reporting by Harry Robertson in London and Kevin Buckland in Tokyo. Additional reporting by Ankur Banerjee. Editing by Sam Holmes, Lincoln Feast and Ed Osmond)', '• The bitcoin halving, expected in mid-April, is the standout supply-side event.\n• Wirehouses may be close to approving spot bitcoin ETFs, the report said.\n• Institutional interest in the crypto space remains elevated, according to Coinbase.\nThe crypto market is set up for a positive second quarter with most of the previously identifiedheadwindsin the rear-view mirror, Coinbase (COIN) said in a research report on Friday.\nThese positive factors may "only manifest themselves more clearly starting in the second half of April," Coinbase said.\nThe bitcoin {{BTC}} reward halving, expected April 16-20, remains the main supply-side event, the report said. Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the rate of growth in bitcoin supply.\n"On the demand side, the 90-day review period that many wirehouses employ when conducting due diligence on new financial offerings – like spot bitcoin exchange-traded funds (ETFs) – could conclude as early as April 10," analysts David Duong and David Han wrote.\nCoinbase notes that wirehouses such as Morgan Stanley (MS), Bank of America (BAC), UBS (UBS) and Goldman Sachs (GS) are "not the only gatekeepers of wealth" and some major U.S. wealth-management platforms operate outside of these large financial institutions.\nThree months is the normal observation period for some of these large money managers, such asLPL Financial, and Coinbase said this "could yet unlock significant capital for U.S.-based spot bitcoin ETFs over the medium term."\nInstitutional interest in the crypto space remains elevated, the report said, citing the level of leveraged short positions in Chicago Mercantile Exchange (CME) bitcoin futures, which climbed to a record high on March 19.\nIn another positive sign, thetotal value locked(TVL) in on-chain derivatives has reached an all time high of $3.4 billion, even as the broaderdecentralized finance(DeFi) TVL remains about 50% off its previous cycle highs, the report added.\nInvestorsshortingshares of MicroStrategy (MSTR), the software developer that has made a strategic decision to buy BTC, versus long bitcoin may be contributing to some of the recent market volatility, Coinbase said.\nRead more:Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord', 'Crypto stocks and cryptocurrencies in general have posted big gains in 2024. Many believe the run has just begun. You can, of course, opt to simply buy cryptocurrencies likeEthereumandBitcoin. But there are other ways to profit from the rise of crypto.\nThere are twocrypto stocksin particular that could skyrocket in value over the coming months and years.\nSince the first Bitcoin was created in 2009, crypto fanatics have spoken about "mass adoption." What this phrase refers to is the point in time in which millions, perhaps even billions, of people would own and use crypto regularly. In some ways, mass adoption has already occurred. Most Americans have now heard of cryptocurrencies, while millions have owned or transacted in them. According to one survey, one-quarter of all Americans now own Bitcoin, and most of them are keen to accumulate more.\nStill, billions of people don\'t own any crypto. That\'s especially true in emerging markets like Latin America, even though historically volatile exchange rates make the region a great fit for crypto adoption. If you want to bet on people in Latin America adopting cryptocurrencies -- a bet with considerable upside, given that the region boasts more than 650 million inhabitants -- you should consider buying someNu Holdings(NYSE: NU)stock.\nOn the surface, Nu looks like a typical bank. The company offers checking and savings accounts, credit and debit cards, insurance policies, and personal loans. The trick is that Nu delivers all these services through an app, available to anyone with a smartphone. That\'s a big differentiator from incumbent banks, which often have hundreds of physical branches. Those branches cost money to operate, which results in competitors that can\'t move as fast or as efficiently as Nu.\nOn any given day, Nu can introduce a new product and deliver it to its nearly 100 million customers within seconds. That\'s exactly what it did in 2022 when it launched NuCripto, which allows its customer base to buy, sell, and transact in crypto. More than 1 million people signed up in the first month.\nMost of Nu\'s business still comes from conventional revenue sources focused on fiat currencies, but the company clearly has a strong foothold in Latin America\'s crypto industry. If you believe regions like this will adopt crypto in the years to come, Nu will likely be a big beneficiary. With a market cap of only $50 billion, this is a stock you can trust holding over the long term.\nIf Nu has a strong foothold in the Latin American market,Block(NYSE: SQ)arguably has a similar advantage in the U.S. market.\nFormerly known as Square, Block changed its name in 2021 to reflect its growing focus on blockchain technologies like Bitcoin. Today, businesses can use its Square payment system to accept payments in crypto. Friends and family can buy and send each other crypto using Block\'s Cash App. Other Block ventures like Spiral and TBD are investing big to help accelerate Bitcoin\'s developer ecosystem. Put simply, Block is going all-in on the rise of Bitcoin.\nNu stock is quite expensive at 10.3 times sales -- a lofty but reasonable valuation given the firm\'s rapid growth. However, the good news is that Block stock trades at just 2.4 times sales. That\'s because Block is currently in the midst of a turnaround effort, headed by founder Jack Dorsey. In 2021, Block\'s stock was valued above 10 times sales, but since then, the company has posted a string of losses with slower revenue growth numbers.\nThe turnaround is already showingearly signs of success, however, and the company just posted its first quarterly profit in more than two years. If you want to bet on rising adoption of cryptocurrencies at a rare discount, Block stock should top your buy list.\nShould you invest $1,000 in Nu Holdings right now?\nBefore you buy stock in Nu Holdings, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nu Holdings wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Block, and Ethereum. The Motley Fool recommends Nu Holdings. The Motley Fool has adisclosure policy.\n2 Potentially Explosive Crypto Stocks to Buy in Aprilwas originally published by The Motley Fool', "Adam Lowensteiner; Vice President; Lytham Partners LLC\nKyle Loudermilk; President, Chief Executive Officer, Director; GSE Systems Inc\nEmmett Pepe; Chief Financial Officer, Treasurer; GSE Systems Inc\nOperator\nGood day and welcome to the GSE Systems, Inc. fourth quarter and fiscal year 2023 financial results conference call. All participants will be in a listen only mode Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. So After today's presentation, there will be an opportunity to ask questions to ask a question, you may press star then one on the touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Adam Lowensteiner, Vice President of Lytham Partners. Please go ahead.\nAdam Lowensteiner\nThank you, Betsy, and good afternoon, everyone, and thank you all for joining us today. To review the financial results for GSE Systems Fourth Quarter and Fiscal Year 2023 ended December 31, 2023, with us on the call representing the Company today are Kyle Loudermilk, President and CEO of GSE Systems, and Emmett Pepe, Chief Financial Officer of GSE Systems.Before we begin, I would like to remind everyone that statements made during the course of this call may be considered forward-looking statements within the meaning of Section 27A. of the Securities Act of 1933 as amended and Section 21E. of the Securities Act of 1934. These statements reflect current expectations concerning future events and results. Words such as expect, intend, believe, may, will, should, could, anticipate and similar expressions are words that are used to identify forward-looking statements, but their absence does not mean a statement is that forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and other important factors that could cause actual performance or achievements to be materially different from those projected. For a full discussion of these risks, uncertainties and factors you are encouraged to read GSE's documents on file with the Securities and Exchange Commission, including those set forth in periodic reports filed under the forward-looking statements and risk factors section. Gse does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.On this call, management may refer to EBITDA adjusted EBITDA, adjusted net income and adjusted EPS, which are not measures of financial performance under generally accepted accounting principles or GAAP. Management believes that these non-GAAP figures in addition to other GAAP measures provide meaningful supplemental information regarding the Company's operational performance. Investors should recognize that these non-GAAP figures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to and not as a substitute for or superior to any measure of performance prepared in accordance with GAAP. A reconciliation of non-GAAP measures to the most directly comparable GAAP measures in accordance with SEC Regulation G can be found in the Company's earnings release.And with that, I'd like to now turn over the call to Mr. Kyle Loudermilk, President and Chief Executive Officer of GSE solutions. Kyle, please proceed.\nKyle Loudermilk\nThank you, Adam. I'd like to welcome everyone to GSE's Fourth Quarter and Fiscal Year 2023 financial results conference call. Earlier today, we issued a press release detailing our financial results, hopefully that a chance to review this news release, but if not, a copy can be found on our website at www.gs.com under the News section lay out the agenda for today's call. I'll start with a brief update on the industry and then offer highlights of our quarterly and annual results, he will review the financial results, and we'll conclude with a brief Q&A session.First, a brief update on the industry. The nuclear industry continues to build momentum on a global basis. This momentum stems from the fact that more countries continue to set and drive towards decarbonization goals and clearly recognize that nuclear has to be part of the equation in accomplishing these goals. There are also several macro trends and geo geopolitical political issues that are certainly shifting in the energy towards the energy industry that favor nuclear. This can especially be seen in the recent surge in the price of uranium, which is used to fuel many nuclear reactor sites. In addition, the desire to have enough electricity to power the use of newer technologies, such as the massive adoption of artificial intelligence and Bitcoin mining is driving the demand for revival in nuclear, which will provide sustainable carbon-free power that is available 24 hours a day seven days a week in order to power the massive data centers planned as AI. and Bitcoin and associated cloud computing scale. Nuclear power becomes the only scalable and stable carbon free power source option that can be reliably be available 24/7. A real-time demonstration of this nascent trend is the recent acquisition by Amazon Web Services of 960 megawatt data center from Talen Energy in Pennsylvania. Amazon purchased the Center for $650 million, primarily given its power source, the Susquehanna steam electric station which is the six largest nuclear power plant in the US. The site produces 64 million kilowatt hours per day and has been online since 1983. Currently, it is licensed to operate through 2042 and 2044 securing this data center, which is fed entirely from the nuclear power plant, enables Amazon to take a significant step towards achieving its stated goal of becoming a net zero carbon company by 2040, 10 years ahead of the net carbon net zero goals in the Paris Agreement, keywords of electric vehicles will also place a significant demand on the grid for nuclear power to power a carbon-free grid to offset the rise in the demand for electricity. These technologies offer and make sure that the power sources are secure and carbon neutral. Nuclear is going to be needed. Even in recent weeks, the headlines continue to be very favorable for nuclear globally. This includes the government in Japan filing a request for Tesco to restart its largest nuclear power plant. The cash-out was aka Karl Karl up, which has seven reactors and total generation capacity of almost 8,000 megawatts. This is on the heels of Japan's nuclear regulatory regulation authority granting permission for a restart of this site back in December. This is very positive news and demonstrates that Japan is serious about restarting its nuclear capabilities going forward.In addition to Japan and other recent news, Canada announced that US government is working on ways to fast-track approvals for nuclear energy projects. The Canadian government also recognizes that nuclear is going to be necessary baseload power to get to zero carbon. The country is looking to achieve net-zero emissions for its electrical grid by 2035 and be fully net zero by 2050. As a result, the government announced that is working on making approval processes quicker for nuclear power projects in order to bring them to fruition as quickly as possible.In the US market Constellation Energy recently announced that has issued the first corporate green bond in the US that can be used to finance nuclear energy projects. A green bond is a financial instrument that is issued specifically to finance projects that deliver positive environmental or climate impacts while simultaneously enabling investors to invest in investments that promote sustainability and solve other environmental issues. Under this green bond issue, the company raised $900 million, and we used the proceeds for investing in maintenance expansion and life extensions extensions of its nuclear fleet. While the tailwinds for nuclear industry are apparent and abound, the capital spend within the industry is still moving at a slower pace, although there are some signs of green shoots with funding from recent legislation starting to make its way into the system. That said, the near-term outlook is certainly positive, but not yet back to the spending levels and pre-COVID days. While this does put some strain on managing our business, we've been able to land key wins having aligned our business to where the industry is spending money today, we will have and we have seen significant improvements in our operations in the latter half of 2023. We expect to have a full year benefit of this effort in 2024 as a result, which is very encouraging.One area that has been very fruitful for the Company is to help our customers improve their plant efficiency, which can be accomplished in some specific ways. One is for a plant to convert over to digital control system. By doing this, the plant can operate more efficiently safely and reliably. The investment also helps set the stage to extend the lifetime of the plants and prepare for the future power uprates.This is the means by which existing infrastructure can be upgraded to produce more power. As mentioned, producing more power through uprates is an extraordinarily cost-effective means to produce more carbon-free nuclear power versus building new nuclear power plants. This is a critical critical area of focus for the nuclear power industry and GSE is well positioned to capitalize in these maintenance and upgrade opportunities as we are today going forward.Major part of our focus will be on the existing fleet of nuclear sites and assisting the operators with making sure they can operate in the most efficient and safe manner.Now for some perspective on GSE's business in Q4 and fiscal year 2023. Overall, 2023 was a year of transition. We were successful in reworking the Company's cost structure to get it into a position where we are consuming cash. This was not an easy task, but it is now paying off as seen in the company's financial performance in the second half of 2023. Q4 was a bit lighter than expected on the order side, but we have seen orders that slipped out of Q4 close in Q1. This is good news, and we look forward to reviewing orders details in our Q1 earnings call.That said, we were able to continue to operate at a high level and limit cash burn during the quarter. We are also focused on growing the business in the profitable areas to which we are aligned, especially on the engineering business as any additional business will now flow to the bottom line given the new operating structure.As expressed in the last conference call, we continue to cut costs out of the business and made key strides to lower expenses compared to year ago as seen in the fourth quarter and fiscal year results. Amit will provide more details on our cost management initiatives in his remarks.Now looking at our two divisions the company's performance engineering division continued to demonstrate solid results during the fourth quarter and fiscal 2023. We had strong wins during the year every quarter. New orders of $37.6 million in 2023, which is up over 70% from $22 million in 2022. Many of these orders came with strategic new logos, including the expansion of engineering services to provide critical value-added solutions to a uranium enrichment company and two nuclear operators to name just three of many key wins. The performance engineering division is also where we have our software and support sales, which were $4.7 million during fiscal 2023. As we mentioned in the past, the software side of the business has provided excellent margins and predictability, and we are pleased with these results.New orders for the engine for engineering during the fourth quarter were approximately $5 million compared to $4.6 million one year ago and compared to $13 million in the third quarter of 2023. We were disappointed by the level of orders won in the quarter but pleased with the orders for engineering in the second half of the year of approximately $18 million. The timing of the orders demonstrates the nature of the current market.It's lumpy customer cautious customer spending in the industry during this tentative drive to adopt digital technology, extend plant lifetimes and produce more power through targeted capital investment.These elements comprise what we feel will be a multi-decade POSITIVE super cycle that is just now in the process of ramping up, given the nature of the industry, it is more meaningful to look at the metric of new orders on an annual basis. And as I related earlier, orders for engineering was up 71% in 2023, showing improved order flow for engineering services and technology license, which is a leading indicator that the industry is ramping back. I feel this is important.This improvement clearly demonstrates GSE's tenacity in developing and winning more business through close interaction with customers. I'm proud of the team effort here. We are clearly demonstrating the positive initial results of our alignment with the market. Our Workforce Solutions business continues to experience challenges, although it had a slightly improved quarter during the fourth quarter, the segment had revenue of $3.1 million, up sequentially from $2.9 million in the third quarter of 2023, but lower from the $3.3 million in the fourth quarter one year ago.The division is still experiencing difficulties within the industry due to customers being selective with regards to on-site staff augmentation services as well as a competitive marketplace. Given the highly fragmented nature of staffing providers to industry, we are currently focused on providing targeted staffing solutions to nuclear industry that makes sense for us and our customers in this market environment.So to summarize, this 2023 unfolded, we successfully streamline the operations of the Company and improved our engineering utilization for third and fourth quarters. And the fiscal year 2023 results really demonstrated that success, and we fully expect to reap a full year's benefit of these efforts in 2024. This is a great position to be in as we had as have begun 2024. Our business pipeline continues to remain strong. And while we were not in control of client decisions to move forward on projects, we are doing all we can to aggressively engage with customers and prospects and develop wins for the business through client engagement. We are making sure we are the vendor of choice and educating them and the breadth of services and value we can offer them by using GSE. The new logo logo wins in 2023 are early indicators of this traction.While the industry spend is still at a very conservative level compared to pre-pandemic norms, things are improving at GSE, and that's clear, QVC's total new order flow for fiscal 2023 was $47.3 million, up $7.7 million or almost 20% from $39.5 million in fiscal 2022. We're optimistic that this momentum can continue into 2023, and GSC is well positioned to capitalize on this momentum. I am proud of our team's accomplishments and drive in driving improvements during Q4 and fiscal 2023. I'd like to thank all of our employees during this period who worked diligently to help turnaround GSC and get the company back to the point where we are today. Specifically, I'd like to knowledge Ravi Tanna, our Senior Vice President of Professional Services, who's been with GSEs since 2016 and brings over 18 years of experience and state of the art delivery of engineering services and software technology solutions.Robin has been instrumental in our simulation s Last 60 Days of Bitcoin's Closing Prices: [43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-02 Financial & Commodity Data: - Gold Closing Price: $2261.00 - Crude Oil Closing Price: $85.15 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,287,493,130,000 - Hash Rate: 611575286.7885739 - Transaction Count: 357709.0 - Unique Addresses: 685496.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Spot bitcoin ETFs recorded their first week of net outflows. • Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. • Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin {{BTC}} exchange-traded fund (ETF) flows rather than fundamentals, as therecently approvedproducts saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slippedbelow $63,000last week as the outflows sped up. It was recently trading at around $66,800. There is little insight into what drove the surge in outflows from the Grayscale Bitcoin Trust (GBTC), which reached $1.83 billion in total over four days, the report said. In previous weeks, positive inflows into other spot ETFs more than offset outflows from GBTC, suggesting “some capital rotation at that time,” analysts David Duong and David Han wrote. GBTC chargeshigher feesthan the other funds. One source of potential selling pressure that has been expected is from thebankruptcy estateof Genesis Global, amounting to the sale of 35.9 million GBTC shares, Coinbase said. This is separate from the 30.9 million shares Genesis pledged in collateral to borrow $1.2 billion from Gemini Earn users in the third quarter of 2022, the report noted.Gemini has settled with Genesisto return those assets in kind and payment is expected in a few weeks, following court approval. Coinbase said it's not clear whether the recent GBTC outflows are linked to these sales, and that “we can only infer that the size and scope of the change in GBTC shares outstanding coincide with recent developments on Genesis’ payment obligations.” “More importantly, given that the majority of creditor payments will be made in crypto and not cash, the market effect on bitcoin performance should eventually be net neutral,” the report added. Read more:Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities... - Reddit Posts (Sample): [['u/Old-Cardiologist-545', 'Inflation and dumbasses.', 122, '2024-04-02 00:29', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', 'Either buy fuckin bitcoin or experience on average around 8% monetary inflation per year. \n\n“I WaNNa iNVesT mY $1k iN bITcOiN”. No, shut up it’s not a goddamn investment like you put your money into the stock market for some cool gains.\n\nBitcoin is how you can keep your value. YOUR VALUE. Without bitcoin you would living in a chaotic world with rich, greedy, corrupt politicians and big corporations who suck you dry. \n\nThey take your money and then take it again and again and again and leave you with higher prices and the money you do own is worthless.\n\n \n', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', '1bthw7d', [['u/4xfun', 104, '2024-04-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm3xiq/', 'I feel your frustration. Very few people actually understand how de debt driven system works. Here’s a hug', '1bthw7d'], ['u/CryptoMadNate', 12, '2024-04-02 00:45', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5030/', 'Agreed ahaha. I share the same frustration so that why i Bitcoin until my death bed. The thing that has most value in this world is time because of its finite aspect and those fucker steal it thought inflation and taxation. Bitcoin is the middle finger to these greedy humans.', '1bthw7d'], ['u/KorkoBit', 53, '2024-04-02 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5imc/', 'i have bitcoin and still live in this world :O', '1bthw7d'], ['u/DesignerAstronaut975', 18, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5uw9/', 'Fucking right man.', '1bthw7d'], ['u/Objective_Audience66', 35, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5w58/', 'This. Until I can spend btc like a dollar this is our world. Hodl', '1bthw7d'], ['u/Holster72', 11, '2024-04-02 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmaj2j/', 'I’m in it for gains. Fight me.', '1bthw7d'], ['u/Narrow_Elk6755', 14, '2024-04-02 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmalgz/', 'Stocks and real estate also retain purchasing power, its not exactly exclusive to BTC is it?', '1bthw7d'], ['u/Itchy-File-8205', 11, '2024-04-02 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmd5i8/', "Normies don't get it. They won't until it's too late", '1bthw7d'], ['u/DesignerAstronaut975', 11, '2024-04-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmg45s/', 'No one will let you use it as money if you don’t fight for it.', '1bthw7d']]], ['u/DenseDig2633', 'I bought 100 KAS', 17, '2024-04-02 01:08', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', 'I am very new to the world of cryptocurrencies and I understand that cryptos is not an investment. The real cryptos are those that intend to go against the FIAT system and are decentralized, I think about making a monthly contribution from now on of 100 dollars per month, 30 in bitcoin and 70 in kas, opinions? When you think the FIAT system will colapse? hehehe ', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', '1btiv6h', [['u/kingjame888', 10, '2024-04-02 03:50', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxmyigl/', 'Bitcoin low ROI...put all in kas. Not financial advice.', '1btiv6h'], ['u/EzekielSR405', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxnitsp/', 'Congrats on joining the ranks of Kaspa owners. Its great to have new people here. It keeps the network going :)', '1btiv6h']]], ['u/econoquist', "You Want Purple Prose? I'll Give you Purple Prose.", 13, '2024-04-02 02:09', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', 'In all its glorious beauty and torment and torrents of feeling and[meaning so deep it can never be plumbed.](https://www.reddit.com/r/books/comments/1btcpuy/lie_with_me_by_phillippe_benson/)', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', '1btkcyo', [['u/Early_Assignment9807', 12, '2024-04-02 02:48', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/kxmoq28/', 'i feel kinda sticky after reading that i dunno', '1btkcyo']]], ['u/Extension-Fox6956', 'How do you get over and move on from decisions that led to financial ruin and changed your life trajectory', 68, '2024-04-02 02:16', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', "I'm 33 and over the years I amassed about 75k in debt from CCs, student loans, and a car. The funny thing is that I'm a CPA but have been pretty financially illiterate my whole life. During this time I also stacked up 1.4 Bitcoin, which is the reason I wasn't paying off the debt aggressively. I'm an alcoholic and got sober in May 2022. Over the next few years, I made the choice to work some hourly jobs for about 6 months because I thought it would help me stay sober. I then got sold on a 100% commission sales job that told me I could make a few hundred thousand dollars. The only access to money I had at this time was my Bitcoin. I had spent years accumulating and protecting this. However, I thought I could make enough money to pay off my debt and buy my bitcoin back and more so I used it to finance this move. The job was a bust and I ended up with 0 bitcoin and 75k in debt. I sold off the last little bit of my bitcoin in August 2023 and got back into a job making an actual income in October. A few months later, the bitcoin ETFs were approved and Bitcoin has over 3x'd in value and is only going to go up. I may have had enough to retire in 10-20 years. Now I am digging out of a hole and considerably behind in life with a networth of -39K at 33 years old. How does someone ever move on from something like this? \n\nI've sought professional help and was diagnosed with ADHD a month ago which has explained my entire life since childhood. I don't know if that is why I made such a bad decision but I was unable to think of the long term consequences if my idea didn't work out.", 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', '1btkjcl', [['u/Shudafudup', 32, '2024-04-02 02:38', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmn4fr/', 'Work like crazy and live like a bum to pay off the debt. Or meet with a specialized lawyer to see if there’s a loophole you can take advantage of.', '1btkjcl'], ['u/Tallfuck', 14, '2024-04-02 02:43', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmntx4/', 'You just have to let the losses go. The money is gone and you’re just making yourself feel worse by living in the past. Easier said than done, but try not to let your mind wander back there and get making some money. \n\nAlso. Don’t try to get it back, you won’t. \n\nBtc will be back below this number within the next 4 years if that’s your play. DCA back in if you are going to follow that lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 35, '2024-04-02 02:54', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmpnq3/', 'Bro, I finally had started a decided retirement for my wife and I, $70k in the 401k at the age of 40 and like ~$120k equity in house. Solid salary and career but still $100k in student loans. But man it felt good to be in the green on paper. Wife is leaving me, gonna take a massive chunk of my income for five years, take half our equity, and all because of some fixable shit. No cheating, no abuse, some arguing and differences we could’ve worked out. But going to ruin me financially at 40 fucking years old.', '1btkjcl'], ['u/xenaga', 10, '2024-04-02 03:10', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxms3lt/', 'I did the same. I saved over 10 years of my income, was well set for retirement and live a very frugal lifestyle to get close to 3/4 million. I then blew it in 3 months on meme stocks. Couldnt help myself. Now I am starting over ffom scratch.\n\nAfter months and months of pain and suffering, I let it go. I still have some dull pain from it 3 years later but I realized i was too attached to money and put too much value on it. Now I am living a bit more balanced lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 10, '2024-04-02 04:04', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxn0jcm/', 'I’ve tried everything imaginable. I’ve changed myself completely the last three months to fit what she says she wants. I’ve begged like a pathetic idiot and pleaded in letters and texts. I’ve tried to explain how this is gonna fuck with our kids, how she’s losing any family that loved her as my other half. I’m out of ideas, I can’t fall out of love with her as much as I wish I could at this point.', '1btkjcl'], ['u/retard_vampire', 16, '2024-04-02 07:39', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxnr3z8/', 'Google "tolerable level of permanent unhappiness". That would be my guess.', '1btkjcl'], ['u/EMHURLEY', 13, '2024-04-02 09:55', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxo2fv4/', 'Mine too. Or Google “Emma’s mental load comic”, another common problem', '1btkjcl'], ['u/xhazerdusx', 10, '2024-04-02 14:58', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxowa9h/', 'Thank you for sharing this. I needed to see it.', '1btkjcl']]], ['u/Exact-Perspective-75', 'Transferring from exchange to cold wallet', 23, '2024-04-02 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/', "My Dad has about 50K sitting in an exchange. I'm trying to encourage him to take custody of his BTC, so I bought him a cold wallet. If he moves it all in a single transaction, this could create a privacy issue because if he pays someone a small amount, it would reveal to that person his total BTC wealth. Does it make sense to move it over time in smaller amounts like 5K each time?", 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/', '1btklt1', [['u/Chr-whenever', 20, '2024-04-02 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmm8ml/', "1. Don't ever send a big transaction without sending a test transaction\n\n2. Whether you receive it all at once or in pieces, anyone he pays will see the full wallet balance. You could use multiple wallets to avoid this", '1btklt1'], ['u/H5Sooner', 20, '2024-04-02 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmomuj/', 'Not if he uses different receiving addresses to the same wallet.', '1btklt1'], ['u/Exact-Perspective-75', 15, '2024-04-02 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmpm2y/', 'He’s not using Coinbase, and it’s a huge risk to leave BTC you’re not willing to lose in any exchange.', '1btklt1']]], ['u/aarnott', 'UK Judge freezes $7.6m of Craig Wright’s assets after his loss in Bitcoin creator case', 486, '2024-04-02 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/', "[UK Judge freezes $7.6m of Craig Wright’s assets after his loss in Bitcoin creator case – DL News](https://www.dlnews.com/articles/snapshot/uk-judge-freezes-assets-of-craig-wright-in-bitcoin-case/) \n\nThe irony is that if this $7.6m were held in Bitcoin which Craig Wright alleges he invented, the court would have a harder time freezing his funds, though it probably wouldn't be impossible. A good privacy coin would achieve that. (no shilling of specific coins here or in comments, please).\n\nIn this case (and I suppose in most cases), I think it's good that this freeze could take place. So while I'm bullish on privacy coins, I'm also an advocate for rule of law and don't think privacy coins should be intentionally used to evade the law.", 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/', '1btm67t', [['u/Spkr4th3ded', 206, '2024-04-02 03:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmxmwu/', 'Not your keys, not your blockchain.', '1btm67t'], ['u/VividEdge', 48, '2024-04-02 03:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmy6ie/', 'What an own goal to do this to himself', '1btm67t'], ['u/zillapz1989', 66, '2024-04-02 03:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmz9gr/', "Tried to steal another's creation to enrich himself. Getting just what he deserves.", '1btm67t'], ['u/S0FA-KING_smart', 28, '2024-04-02 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmzxua/', "Fuck faketoshi. Any one who's ever heard about crypto knows this guy is fraud. \n\nHe's just trying to trick no coiners into believing his lies. \n\nWhat an embarrassment this guy is. \n\nA pathetic individual.", '1btm67t'], ['u/kaws69', 33, '2024-04-02 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn0h0s/', 'Who the hell gave Craig wright $7.6m??', '1btm67t'], ['u/PM-ME-YOUR-TECH-TIPS', 45, '2024-04-02 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn0h9f/', 'Damn. If only there was this really foolproof way to undeniably prove you’re satoshi', '1btm67t'], ['u/JuxtaThePozer', 14, '2024-04-02 04:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn5bss/', 'You reap what you sow, CSW. Eat a bag of dicks you goddamn goblin.', '1btm67t'], ['u/exist270', 15, '2024-04-02 04:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn5oqr/', 'This is the most entertaining possible outcome.', '1btm67t'], ['u/offgridgecko', 25, '2024-04-02 05:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxncr7h/', "they're on another subreddit right now crying", '1btm67t'], ['u/CryptogenicallyFroze', 11, '2024-04-02 06:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxnh1mq/', 'It’s more likely that CW is SBFs dad than Satoshi.', '1btm67t'], ['u/yatv', 10, '2024-04-02 07:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxno2gx/', '"A good privacy coin would achieve that" Theres only one real privacy coin buddy and we all know its Monero.', '1btm67t'], ['u/BraidRuner', 12, '2024-04-02 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxnrgg2/', 'Some kind of proof? Like a Cryptographic Proof? Thats a great idea, someone had it before though. His name was Satoshi Nakamoto, he died a few years ago. He left a Whitepaper that laid it all out. Perhaps he should read it or have someone read it to him. Best if they EXPLAIN it to him. Its a shame they cant UNDERSTAND IT for him as well. But here we are.', '1btm67t'], ['u/murray_paul', 13, '2024-04-02 10:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxo7hjf/', 'He was trying to convince the court to force the Bitcoin developers to add a mechanism to move coins by court order.\n\nSo if he could prove to the satisfaction of the court he had owned particular coins but had lost the keys, he could obtain a court order to have them transferred back to him, without a signed transaction.\n\nBSV implemented this mechanism (OP_COURT).\n\nIf he had won that case, and at the same time proved that he was Satoshi, he could then demand that the Satoshi coins be transferred to him.', '1btm67t']]], ['u/inheryouth', 'My dog was overdosed at the vet...', 54, '2024-04-02 04:04', 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/', "A bit of a story here... I'll try to keep it short.\n\nYears ago I adopted my rescue dog, Rupert, and I ended up booking him for a dental cleaning at a new to us veterinary hospital on Vancouver Island. Unfortunately, somebody who worked at the clinic recorded his weight incorrectly on the computer (a whopping 41.9 kgs instead of 15.1 kgs) and the dosage they administered him for anesthesia, combined with the trazadone he had that morning caused an overdose. The experience was very scary for us and the clinic was dishonest with me concerning the situation, (they avoided mentioning the details of how it all happened). Years later when I asked for his veterinary records prior to signing him up for pet insurance I saw the notes in his files and found out the truth.\n\nAs a side note -- I have a second, much older dog who had an emergency years after the situation with my younger dog. He needed a splenectomy due to a blood filled mass and this clinic accommodated us quickly, they also did an absolutely fantastic job with no negative side effects whatsoever. My older dog is still alive at 14 today because the surgery was so successful.\n\n So I continued to take my younger dog to the clinic despite what happened, but I ALWAYS mention the previous overdose every time he's there, reminding them of their mistake and to ensure they're extra vigilant. Unfortunately, Rupert needs to be sedated or anaesthetized often as he is very reactive. We haven't had an incident with this clinic again since the first time.\n\nHowever** This past week I discovered a fractured tooth in Rupert's mouth and couldn't get him into our standard vet for an extraction. I ended up getting lucky with another veterinary hospital and took him there. Our experience was incredibly different. This clinic gave Rupert a shot to sedate him, prior to starting the procedure/administering anesthesia, and after the shot they let me stay with him in a quiet/darkened room until he was sedate, in order to reduce his stress, which is something that's never been offered at our usual clinic. Additionally, when he was only in the clinic for a half day (instead of the full days I'm used to with our other clinic), and when I picked him up he was the clearest I've ever seen him coming out of anesthesia. He was still clearly under the effects of the drugs, but a very different dog from the usual.\n\nAt the previous clinic he has always been in for a full day, and still, when I pick him up he has always been completely inebriated... He can't stand very well, when he's sitting up he'll be sliding down or to the side slowly... His can never hold his head up and his eyes are usually a mess. He's also very cold and shivers if I don't wrap him in a blanket for the rest of the evening. \n\nAfter today I'm now second guessing the way our usual clinic has been sedating/anesthetizing my dog all along. \n\nI wondered if any of you veterinarians would be able to give me your opinion based on our experience, and based on the notes I've shared. I've attached the notes from the overdose, as well as a list of all the medication they've ever given my dog at our usual clinic (red dot). And then the most recent bill from the vet clinic we just used for the toorh extraction (purple dot). I'm curious about the medications and the dosages they've given my dog, what do you think? \n\nThis was a long one... If you've read this far I appreciate it!!! \n\nHere are the links to the documents from the vet clinics, hope they work as I haven't tried this before:\n\nhttps://drive.google.com/file/d/12fwgc7-Qgd0z0LIv2BKlBhG3U5DVnndY/view?usp=drivesdk\n\nhttps://drive.google.com/file/d/12ilFt_QkL8iT1Yq9P-o1aMEjm6fgWMzF/view?usp=drivesdk\n\nhttps://drive.google.com/file/d/12lsAG0qNeOW-RmbTcX2RDYGzKxz-H2Jr/view?usp=drivesdk\n\nLet me know what you think, thanks kindly folks 🐾\n\n\n\n", 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/', '1btmxbu', [['u/Popular_Taro_5344', 41, '2024-04-02 05:37', 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/kxndrib/', 'It will be difficult to give you an accurate opinion on the differing sedation/anesthesia protocols as the second clinic invoice does not detail what kind of protocol was used (it does list iso which is a gas anesthesia and while most animals will be maintained on some kind of gas anesthesia for longer procedures, there would still be an induction protocol that would use injectable medications. Gas anesthesia is very short acting so the after effects you see are typically due to the residual presence of the injectable medications. There are many different anesthesia induction/sedation protocols and they will vary from patient to patient and differnent protocols may still be safe and appreciate for an animal and all with have various benefits and drawbacks.', '1btmxbu']]], ['u/Longjumping-Name7564', 'How much supply shock will the 2024 Bitcoin halving really have?', 227, '2024-04-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/', 'I understand that the number of Bitcoins mined daily will decrease from 900 to 450, resulting in 164,250 fewer Bitcoins mined annually that cannot be sold on the market by miners. Given the daily trading volume of approximately 300,000 Bitcoins, this reduction initially seems minor. However, I think the daily trading volume may include internal trades, not just inbound buying pressure.\n\nIs there a way to measure the impact this will have on supply? Is this impact felt as soon as the halving happens or does it build over time?\nAny data is helpful or way to look at this. Thanks!\n', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/', '1btnvo2', [['u/eggshi', 20, '2024-04-02 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxn9k4q/', 'ChatGPT wrote that', '1btnvo2'], ['u/mickhick95', 86, '2024-04-02 05:09', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxna5c3/', 'Interesting... \n900 coins a day... \nDown to 450 coins a day... \nDuring a time where institutions and sovereign wealth funds are gobbling up the bitcoin... \nCould be fun to watch.', '1btnvo2'], ['u/OptiYoshi', 329, '2024-04-02 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxndn8n/', 'I\'ll give you the "real" answer (from actual financial and economic theory) even though I know people will hate it. (Excuse English if I make any mistranslations) \n\nIf you look at any commodity the price action can be roughly described by a Generation Factor (production of supply), Consumption Factor (the natural use case), and the Reserve Factor (which tends to act as price stabilizer) and Extraction Factor (amount available but not extracted because price insufficient). This is because pricing occurs at the marginal cost, this is also why the vast majority of futures contracts are commodity based because suppliers/industry require stable pricing for complex supply chains and are willing to pay a premium to insure future delivering.\n\nSo for examples: Oil, production and consumption is quite high, this leads to higher volatility and price shocks when either demand or production is affected. National and Corporate reserves are used to smooth over price shocks and give arbitrage. Extraction Factor usually occurs in terms of years (new fields infrastructure coming online) so nations reserve oil proportional to expected supply requirements until new supply can be made available.\n\nGiven an understanding here, look at a comparison of Gold and Silver. Silver actually has a higher use than gold (mostly in defense industries) but gold is valued higher because it\'s production is approximately 7x less than silver (~2.5% total supply) and more expensive to mine (silver is a top layer and gold forms in deep veins). Additionally, gold is widely used as a Reserve of value, which maintains the vast majority of its pricing, the industrial use and other consumption is below Extraction rate.\n\nGold is currently valued apx 100x silver per ounce even though production is only 7x less because the marginal supply is only one factor in determining marginal price. The vast majority of gold is held by long term holders (national banks etc) as Reserve assets this heavily restricts natural use of gold because new supply of gold keeps being bought as reserves from the ~2.5% supply inflation per year, the current marginal price is therefore largely determined by the inflow of supply (through mining) as miners are considered the only "natural sellers" as they need money to keep operations intact and pay dividends to shareholders. \n\nSo despite having a production supply 1/7th that of silver we have a 100x price action due to underlying Reserve demand of the commodity. \n\nNow getting to bitcoin, whether or not you believe bitcoin is a Reserve asset, some people globally do (just as some hold silver and platinum, oil and even copper as reserve). The question is how much of the total available supply of a given commodity is considered reserve. It\'s important to note that reserve does not mean "held in a vault", gold has for centuries been used as reserves in ongoing financial transactions as collateral and for arbitrage. In this way much of the supply you indicated of bitcoin is also being used by institutions as collateral and arbitrage. You see transaction volume but much of these are consolidation positions. The better metric to use (not just for bitcoin but any commodity even lumber) is to look at total deliverable flows. Given this, the argument is that the majority of natural sellers (net short flows) are from the mining community. The effect of shrinking supply production is non-linear in every commodity market (look at oil 70s, post Russia etc). Additionally about 15k BTC is transacted daily not 400k (just fyi)\n\nTo summarize, price is determined at the margin of commodities and have non-linear relationships. commodities price action is heavily influenced by reserve status oil/gold/etc. Total transaction volume is not an accurate measure for net flows. If bitcoiners believe that BTC is a reserve asset and behave in that way, then the natural selling remains as the bitcoin miners. If bitcoin mining supply decreases AND all else remains equal, then price must increase to compensate just like any commodity. \n\nThe real argument against it is if you believe that the majority of bitcoin holders are not reserve holders and are all holding as short arbitrage holders. If so then as supply decreases and price goes up they may all sell and dramatically reduce the price. Either way the bitcoin community themselves believe its a reserve asset which is why they also believe price action will occur. \n\nHappy to answer any specific questions as well.', '1btnvo2'], ['u/Which-Occasion-9246', 27, '2024-04-02 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnfsfw/', '...and with grayscale going dry on the dump....', '1btnvo2'], ['u/hitma-n', 11, '2024-04-02 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxni0f6/', 'Great. My specific question is can you do a TL;DR?', '1btnvo2'], ['u/505hy', 10, '2024-04-02 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxni1zh/', 'Do we have any actual evidence of those institutions and sovereign wealth funds buying something?', '1btnvo2'], ['u/mazdarx2001', 15, '2024-04-02 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnifmq/', 'In addition, the mining companies that are capable of doing so (the large ones) will not be selling them at essentially half price. They will hold them back and start selling around the 100-120k mark , that is unless they really need the cash flow', '1btnvo2'], ['u/Latter_Box9967', 31, '2024-04-02 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnikxa/', 'I saw a comment on reddit.', '1btnvo2'], ['u/OptiYoshi', 15, '2024-04-02 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnin6o/', 'Some people prefer to confirm details, others like being told what to think by others.', '1btnvo2'], ['u/slykethephoxenix', 165, '2024-04-02 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnippn/', 'So lambo or 2 minute noodles after halving?', '1btnvo2'], ['u/OptiYoshi', 17, '2024-04-02 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnivr4/', 'TLDR Total daily transaction is incorrect factor to use, net daily flows is better measure. Most BTC flows come from miners. Expect 25% * premiums(monetary, etc) + new network growth.', '1btnvo2'], ['u/OptiYoshi', 74, '2024-04-02 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnjeuy/', 'Personally, I think there will be a sell the news event as price increases happens with supply reduction not mining production (there will be miners and other short term holders). This will follow with a significant price movement up (my own models have me start selling at 138k+-20% with an expected top of 312k +-20% (for 2 sigma probability).', '1btnvo2'], ['u/Dakotahah', 10, '2024-04-02 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnjt72/', 'Yes we do!\n\nhttps://bitcointreasuries.net/', '1btnvo2'], ['u/Longjumping-Name7564', 10, '2024-04-02 06:33', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnkdo8/', 'This was very helpful. It largely depends on how much is held in reserve by long-term holders. \n\nWhat’s the current distribution of coins? This seems like it could help measure the impact.\n\nFor example (this isn’t the actual distribution):\n\nHeld in Reserve: 10.67 million BTC, 55%\nLost: 6 million BTC, ~31%\nYet to be Mined: 1.6 million BTC, 8%\nShort-term Trading: 1 million BTC, ~5%\nOther Use Cases: 1.73 million BTC, ~9%\n\nMicrostrategy’s ~200k would be considered held in reserve. I assume the the reserves and the number of people holding in reserves is continuously growing.\n\nIs there any way to measure (TDF) Total Deliverable Flow? I understand that as Bitcoin available for purchase excluding all reserves, long term holders, etc.\n\nI’m guessing we can look at TDF vs the 450 daily or 164,250 annually less that’s produced to get a better measurement.', '1btnvo2'], ['u/KIKOMK', 11, '2024-04-02 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnkoj1/', 'Can you explain the calculation? Thanks for dropping this phd thesis on us', '1btnvo2'], ['u/Infinity_over_21mil', 13, '2024-04-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnks1q/', 'When in doubt zoom out. After the 2034 halving, the stock to flow ratio will be minuscule, and everyone will have to fight over the existing 20 million mined coins, waiting 100 years for the last 1 million coins. Long term is always bullish', '1btnvo2'], ['u/OptiYoshi', 56, '2024-04-02 06:40', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnl773/', 'Yes, I feel that last run was cut short due to many factors out of control. Almost all those issues are resolved this cycle and ETF holders will create the long term holders needed to increase price stability.', '1btnvo2'], ['u/OptiYoshi', 14, '2024-04-02 06:45', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnlr5z/', 'No problem! Some ways you can look at flow is by looking at wallet activity over time.\n\nSo +75% of total available supply has not moved in over a year (that includes lost coins). And this number keeps going up as large holders are passing that mark.\n\nShort term arbitrage is also over 1 million, these include exchanges and all kinds of larger institutions not just trading firms.\n\nMy estimates are that around 1200BTC (plus 900BTC) are direct flows from previous holders into reserve holders and speculators', '1btnvo2'], ['u/KIKOMK', 10, '2024-04-02 06:46', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnluk2/', 'Do you think it will go in a bear market after a year or so?', '1btnvo2'], ['u/OptiYoshi', 16, '2024-04-02 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnm6bg/', "I'm expecting a drawdown starting as early as Feb 2025.", '1btnvo2'], ['u/RammerRod', 15, '2024-04-02 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnmbvy/', 'Confirmed.', '1btnvo2'], ['u/OptiYoshi', 25, '2024-04-02 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnn0o0/', "I dont have any certainties, certainties are for liars and imbeciles. I have probability distributions and act accordingly. \n\nAs early as Feb 25 is when my model has me start to pull profits (I also have some BTC that I'll never trade in cold storage). But that doesn't mean I sell everything then it's a long process. \n\nAs for election specific. I honestly think it won't play a role. If either gets in the US dollar is in for trouble.", '1btnvo2'], ['u/OptiYoshi', 16, '2024-04-02 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnnx0p/', "A masters degree? \n\nJust kidding, but a lot of this stuff requires a background in economics which is not as daunting as you might think. Lots of great resources.\n\nTo start, Read up on Smith (wealth of nations), Mill (on liberty), Hayek (lots), Keynes (the economic consequences of the peace), Friedman (lots and youtube lectures). \n\nAlso an advanced knowledge of mathematics helps as well. It's not something you'll learn over a couple weekends but trust me it's worth it after.", '1btnvo2'], ['u/forestapee', 33, '2024-04-02 07:37', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnqxqo/', 'Sigma nuts', '1btnvo2'], ['u/OptiYoshi', 10, '2024-04-02 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnrnz3/', 'Your just restating what I said in different words. Standard deviations are directly related to distributions. English is not my first language', '1btnvo2'], ['u/Princelysum', 18, '2024-04-02 09:56', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxo2joy/', 'Only the sith deal in absolutes', '1btnvo2']]], ['u/AyyLmaoKickIT', 'Worried about your investment?', 33, '2024-04-02 04:58', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/', 'Look at your watch list or any coin on the market right now. We are in a red market, bitcoin down 6%. No need to worry boys 🚀 \n\nBetter yet go to crypto bubbles and look at the red sea right now lol ', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/', '1bto2ip', [['u/hellstarrecords', 12, '2024-04-02 05:05', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/kxn9lef/', 'Soon boys soon', '1bto2ip']]], ['u/brianddk', 'It worked! My coinbase btc-buy-the-dip bot just triggered.', 243, '2024-04-02 05:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/', 'Got so frustrated with exchange outages I write a DCA buy-the-dip bot to place maker-limit-orders staggered at 1%, 2%... 5% below spot. Obviously it just triggered on BTC, so I\'m finally beating "dumb-dca", but my total cost average is now above spot.\n\nSo Hooray... and well shit!\n\n 2024-04-02: Bought 0.00024184 BTC at 67547.88 instead of 68902.87\n 2024-04-01: Bought 0.00040078 BTC at 69709.80 instead of 71050.55\n 2024-03-31: Bought 0.00001148 BTC at 70853.62 instead of 71020.03\n 2024-03-30: Bought 0.00006400 BTC at 70300.08 instead of 70323.43\n 2024-03-29: Bought 0.00009256 BTC at 70194.59 instead of 70916.74\n 2024-03-28: Bought 0.00006473 BTC at 71266.80 instead of 70680.12\n 2024-03-27: Bought 0.00045340 BTC at 69717.70 instead of 70273.15\n 2024-03-26: Bought 0.00024573 BTC at 71251.30 instead of 70503.55\n 2024-03-25: Bought 0.00024252 BTC at 68385.13 instead of 69099.90\n 2024-03-24: Bought 0.00001625 BTC at 66629.21 instead of 66126.72\n 2024-03-21: Bought 0.00001600 BTC at 68205.83 instead of 67203.65\n Total: Bought 0.00184929 BTC for 69526.33 instead of 70129.03\n Saving 0.86% ($1.11) vs buy-on-avg, and 0.12% vs dca-market-buy', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/', '1btovja', [['u/ShortSqueeze20k', 55, '2024-04-02 05:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxngie4/', 'Been there, done that. \n\nWhat if the price keeps going down?\n\nWhat if the price keeps going up? You would have been better off just buying and holding.', '1btovja'], ['u/Spkr4th3ded', 42, '2024-04-02 06:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxniiom/', 'Let them learn. We were all super smart and could time the market at some point.', '1btovja'], ['u/Str8truth', 428, '2024-04-02 06:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnlwfy/', 'Buy-the-dip bot is also know as catch-a-falling-knife bot.', '1btovja'], ['u/earthspaceman', 26, '2024-04-02 07:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnnwgr/', 'Wear gloves.', '1btovja'], ['u/Appropriate_Yak_4438', 20, '2024-04-02 07:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnpiqb/', 'He seems to be catching just as many falling knives as anyone doing DCA, just %1 cheaper knives. Seems like a good deal to me compared to just DCA.', '1btovja'], ['u/ProcyonHabilis', 234, '2024-04-02 07:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxns8qz/', 'FYI the term "below spot" does not mean what you think it means. It isn\'t possible to buy coins below spot on a spot exchange.', '1btovja'], ['u/croholdr', 27, '2024-04-02 08:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnu1ze/', "Uh. Whats wrong with limit orders? If I'm aiming for a dip I'll put in a few orders at various levels and go on with my life. By the time I check them price i'll have bought the dip. Also coinbase api sucks.", '1btovja'], ['u/EirianWare', 64, '2024-04-02 08:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnwovw/', 'Saving $1.11 ? What a whale !!', '1btovja'], ['u/BraidRuner', 63, '2024-04-02 09:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnzr9b/', 'Do you remember years ago on POLONIEX when that trader went away for the weekend and left his bot running? Someone triggered it to dump and dump and dump and dump over a long weekend by the time he got back on a TUESDAY morning it had burned through half a million dollar worth of Bitcoin...good times good time', '1btovja'], ['u/the_junglist', 16, '2024-04-02 09:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo0wp9/', 'Does it play Napalm Death every time it triggers?', '1btovja'], ['u/Big-Finding2976', 16, '2024-04-02 10:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo5ugc/', "Now you've triggered me! Fuck Cryptsy and Paul Vernon!", '1btovja'], ['u/Big-Finding2976', 78, '2024-04-02 10:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo5yco/', "What if my dog is called Spot and he's sitting on my head?", '1btovja'], ['u/TestUser254', 36, '2024-04-02 10:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo6zzz/', "Oh yeah it works until it doesn't, then all your cash is stuck in there waiting for the market to come back. I ran a bot in 2021 and ended up with 900,000 trades on my taxes lol. It was NOT worth it.", '1btovja'], ['u/RebelliousRoomba', 14, '2024-04-02 12:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxof8cm/', 'Catching “falling knives” in BTC has honestly been my best performing buying strategy', '1btovja'], ['u/TheSomeWhatOKDane', 19, '2024-04-02 13:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxojg4h/', 'Is he at least 5% above you?', '1btovja'], ['u/TestUser254', 10, '2024-04-02 14:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxopz36/', 'No you process it separately and just use the final number', '1btovja'], ['u/Appropriate_Yak_4438', 15, '2024-04-02 14:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxoqnyn/', 'You guys pay taxes?', '1btovja'], ['u/Joezev98', 15, '2024-04-02 14:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxos45s/', "Totally worth many hours of coding! Amd don't forget there's probably more coding in the future to work out a bug after it's cost you $1 000", '1btovja'], ['u/flygoing', 97, '2024-04-02 15:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxp1lgg/', 'OP figured out how to set limit orders and thinks they found an infinite money glitch', '1btovja']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, April 02, 2024', 39, '2024-04-02 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/', '1btpb2a', [['u/btc-_-', 22, '2024-04-02 06:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnilfo/', 'in a bull market, red days are for buying', '1btpb2a'], ['u/diydude2', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnitdr/', 'Rolling for the big dump. Got my ducks lined up to buy the big dip.', '1btpb2a'], ['u/davinox', 13, '2024-04-02 06:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnjyid/', 'Outflows were higher than inflows. -$88m. Wiped out leverage.', '1btpb2a'], ['u/_TROLL', 41, '2024-04-02 06:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnkw1i/', "Little, if any, of this is people panic-selling, or conversely people FOMOing in.\n\nIt's all liquidations of gambling addicts. Exchanges with inside info can countertrade their own users. Whales who individually control more coins than 10,000 random investors combined can bully the market around at will. None of this is organic.", '1btpb2a'], ['u/zpowers1987', 10, '2024-04-02 07:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnnzb9/', 'If it’s only the fees the people selling should be immediately purchasing another Bitcoin ETF. I think there is profit taking happening too.', '1btpb2a'], ['u/peachfoliouser', 10, '2024-04-02 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnooeh/', '😂 keep making shit up', '1btpb2a'], ['u/phrenos', 12, '2024-04-02 10:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo4nzb/', 'Almost all of you have been crowing for a lower entry, so here it is. You’ll all be buying today of course. Don’t forget to follow through! \xa0', '1btpb2a'], ['u/Yodel_And_Hodl_Mode', 25, '2024-04-02 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo6eeq/', "Bitcoin is down over 4k compared to where we were over the weekend.\n\nAre you panicking?\nOr are you buying?\n\nI just picked up half a million sats. It's not much, but it's all I can afford until my next paycheck, when I'll be buying more.\n\nEvery 4 year halving to halving cycle is filled with so much opportunity. The way to guarantee yourself future wealth in Bitcoin is to zoom out & see the bigger picture.\n\nDon't think about what the market is. Think about what the market will be. Then ask yourself, are you ready for that? Is your hodl built up enough for that?\n\nThose who get it, will prosper. Those who don't, won't. But they'll understand it later, when it's too late. Well, you're here now. Use this time wisely. Do whatever you can to build up your stack before the effect of the halving kicks in 4 to 6 months after the halving. Even if the price starts rising long before then, it's just going higher.\n\nThat's not hype. It's math.\n\nCutting the block reward in half, from 6.25 BTC to 3.125 BTC means...\n\n...3.125 fewer coins every ten minutes.\n\n...18.75 fewer coins every hour.\n\n...450 fewer coins every day.\n\n...13500 fewer coins every month (30 days).\n\nAfter 6 months, the halving will have cut 82,350 BTC from the incoming supply vs the 6 month period before the halving.\n\nThere won't be enough coins to meet demand even if demand stays flat. That means the price will be forced higher.\n\nUse. This. Time. Wisely.", '1btpb2a'], ['u/MaximilianII', 12, '2024-04-02 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo82dk/', "I really can't get used to the satoshi denomination. How much is 500k Sats in Bitcoin? .05?", '1btpb2a'], ['u/opst02', 20, '2024-04-02 11:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo97kt/', 'Wallstreet bonuses come into the markets any minute now..', '1btpb2a'], ['u/_2f', 14, '2024-04-02 12:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxocosf/', 'Chinese new year and dragons year something something.', '1btpb2a'], ['u/VintageRudy', 14, '2024-04-02 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxod531/', 'I mean not wanting the etfs is pretty hardcore cloud shaking fist', '1btpb2a'], ['u/simmol', 11, '2024-04-02 12:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxog6le/', "I would be ok with dump down to 64-65K to liquidate more of the leveraged longs that have built up in the past 8 hours or so. Bitcoin doesn't want to bounce at 66K so it seems like we have one more leg down.", '1btpb2a'], ['u/Outrageous-Net-7164', 12, '2024-04-02 13:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxoj49r/', 'I’m way happier that the self custody thing is over. The anxiety that gave me ….', '1btpb2a'], ['u/Frequent_Trouble_', 21, '2024-04-02 13:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxonie3/', "That why you're #99 on BittyBot?", '1btpb2a'], ['u/marsh2907', 12, '2024-04-02 13:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["TOKYO (AP) — Asian shares mostly declined Wednesday after Wall Street sank, hitting the brakes on what’s been a nearly unstoppable romp.\nJapan's benchmark Nikkei 225 slid 0.8% in morning trading to 39,511.88. Sydney's S&P/ASX 200 slipped 1.3% to 7,788.20. South Korea's Kospi dropped 1.3% to 2,716.65. Hong Kong's Hang Seng lost 0.6% to 16,832.52, while the Shanghai Composite fell 0.3% to 3,066.66.\nAnalysts said worries were growing that what rattled Wall Street might spread to Asia, despite recent relatively positive economic signs from China.\n“Investors are grappling with the possibility that this turbulence could mark the beginning of a more significant correction in the markets,” said Stephen Innes, managing partner at SPI Asset Management.\nChina has an ambitious target of around 5% economic growth this year, seeking to put behind recent troubles in the property sector and the lingering effects of the disruptions that came from the pandemic.\nOn Wall Street, the S&P 500 fell 37.96 points, or 0.7% to 5,205.81 for its worst day in four weeks. It was its second straight drop after setting an all-time high to close last week.\nOther indexes did worse. The Dow Jones Industrial Average lost 396.61 points, or 1%, to 39,170.24 and likewise pulled further from its record. The Nasdaq composite fell 156.38, or 1%, to 16,240.45, and the small stocks in the Russell 2000 index tumbled 1.8%.\nHealth insurance companies led the market lower on worries about their upcoming profits after the U.S. governmentannounced lower-than-expected ratesfor Medicare Advantage. Humana tumbled 13.4%. Tesla, meanwhile, dropped 4.9% after deliveringfewer vehiclesfor the start of 2024 than analysts expected.\nOne of the big reasons the U.S. stock market has screamed higher since late October is the expectation that the Federal Reserve will cut interest rates several times this year. The central bank itself has hinted as much, and an easing of rates would relieve pressure on both the economy and financial system.\nBut Fed officials have also said they needfurther confirmationinflation is heading sustainably down to their 2% target before acting. A surprisingly strong report on U.S. manufacturing Monday, which showed a return to growth after 16 straight months of contraction, hurt those expectations.\nIt’s the latest evidence of a remarkably resilient U.S. economy. That keeps people employed and corporate profits humming, but it could also add upward pressure on inflation.Progressthere has becomebumpierrecently, with inflationreportsthis year coming inhotter than expected.\nTraders have already drastically reduced their expectations for how many times the Federal Reserve will cut interest rates this year, halving them from aforecast of six at the start of the year. That would be in line with the three cuts that Fed officials themselves have hinted at.\nBecause the U.S. economy has remained stronger than expected, investors say the chances are rising that the Fed may deliver just two rate cuts this year. Gargi Chadhuri, chief investment and portfolio strategist, Americas, at BlackRock, suggests investors keep their bets spread across a wide range of investments, rather than “trying to time the market – or the Fed.”\nLoretta Mester, president of the Cleveland Fed, said Tuesday that the bigger risk is cutting interest rates too early, rather than too late. The former could allow the economy to overheat and inflation to reaccelerate, while the latter could cause unnecessary pain for workers.\nHer comments came as economic reports showed U.S. employers were advertising roughly the same number ofjob openingsin February as they were a month earlier and a stronger-than-expected gain in factory orders.\nIn the bond market, the yield on the 10-year Treasury rose to 4.35% from 4.33% late Monday.\nThe two-year yield, which moves more closely with expectations for Fed action, slipped to 4.69% from 4.71% late Monday.\nHigh rates slow the economy by design, by making borrowing more expensive. They also hurt prices for investments by making it more attractive for investors to put money instead in safer alternatives. Bitcoin fell 5.4%.\nBeyond worries about interest rates staying high, critics say the U.S. stock market has also simply grown too expensive after soaring more than 20% in six months. Companies will likely need to deliver strong growth in profits to justify such big moves.\nIn energy trading,\nThey followed the price of crude higher. A barrel of benchmark U.S. oil rose $1.44 to settle at $85.15 and is back to where it was in October. A barrel of Brent crude, the international standard, climbed $1.50 to $88.92.\nIn currency trading, the U.S. dollar rose to 151.56 Japanese yen from 151.54 yen. The euro cost $1.0075, little changed from $1.0776.\n___\nAP Business Writer Stan Choe contributed.", '• US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June.\n• The 10-year Treasury yield hit its highest since November.\n• Fed officials still see three rate cuts as possible this year. Chairman Jerome Powell is set to speak on Wednesday.\nUS stocks fell for a third straight day Tuesday as investors digested the possibility that the first Federal Reserve interest rate cut won\'t come in June as expected.\nMarkets have been repricing bets on Fed monetary policy after a batch of strong economic data suggested conditions are still running too hot for a cut.\nOdds of a June pivot briefly fell below 50% after Monday\'s manufacturing data came in hotter than expected. Meanwhile, thelatest jobs opening figuresshow that demand for labor remains elevated.\nWith bond traders now adjusting to the prospect of fewer Fed cuts this year, the 10-year Treasury yield hit its highest since November, peaking at 4.4%.\nSo far, San Francisco Fed President Mary Daly noted that three rate cuts remained reasonable, while Cleveland\'s Loretta Mester concurred. Both officials want to see more evidence of falling inflation.\nLater this week, investors can expected commentary from Chairman Jerome Powell speak on Wednesday, while the next jobs report is set to release Friday.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Tuesday:\n• S&P 500:5,205.81, down 0.7%\n• Dow Jones Industrial Average:39,170.24, down 1% (397 points)\n• Nasdaq Composite:16,240.45, down 1%\nHere\'s what else happened today:\n• The next US recession might not come until 2025, JPMorgan says.\n• Ray Dalio is still investing in China, despite warnings of challenges ahead.Here\'s why.\n• Astock bubble could form if the Fed does cut rates, "Big Short" investor Steve Eisman warns.\n• A record number of cities now havehome prices averaging above $1 million, Zillow says.\nIn commodities, bonds, and crypto:\n• Oil prices increased.West Texas Intermediatecrude oil rose by 1.76 to $85.21 a barrel.Brent crude, the international benchmark, jumped by 1.93% to $88.93 a barrel.\n• Goldclimbed 1% to $2,273.34 per ounce.\n• The 10-year Treasury yield gained 3.4 basis points to 4.361%.\n• Bitcoindropped 5.5% to $65,927.\nRead the original article onBusiness Insider', 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) -Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin.\nThe no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. But ether is up just around 53% in the first three months of this year, compared with bitcoin\'s 65%.\nBitcoin scaled new peaks last month. Trading around $3,612 on Monday, ether is at least 26% below its Nov. 2021 all-time high of $4,867.60.\nEven a recent technical upgrade of the Ethereum blockchain, which is used to build applications, barely made a splash beyond the circle of crypto enthusiasts, in contrast to the excitement ahead of bitcoin\'s "halving" next month, a technical change designed to slow the coin\'s supply.\nIn a typical case of markets selling the fact, ether dropped 12% after the underlying blockchain\'s Dencun upgrade on March 13 aimed at lowering transaction fees on its ecosystem.\n"Ethereum is persistently dogged by its lack of name recognition among non-endemic investors," said Joseph Edwards, head of research at London crypto firm Enigma Securities.\n"There\'s a lot more economic activity on it compared to 2020... but it reaching all-time highs will likely come fairly late."\nMuch depends on whether the U.S. Securities and Exchange Commission (SEC) approves spot ether ETFs. For, it was the approval and launch of several U.S. spot bitcoin ETFs that spurred institutional demand and drove it to record highs.\nEther ETFs too are waiting, with VanEck\'s filing first in line for a decision on May 23.\nStandard Chartered Bank expects U.S. ether ETFs to be approved on May 23, propelling it to $8,000 by end-2024 and $14,000 by end-2025.\nCOMMODITY OR SECURITY?\nNot everyone is as optimistic about the U.S. regulator greenlighting a spot ether ETF.\nLawyers and industry sources have said ether\'s legal status is ambiguous and they expect regulators to move cautiously.\nThe SEC has said bitcoin is a commodity, but has not ruled on ether.\nUnlike bitcoin, ether is traded on a so-called \'proof-of-stake\' blockchain that allows users to earn yield in exchange for locking up tokens for a period of time.\nAnd because ether is often \'staked\', or deposited, it could be deemed a security, which will entail stricter rules around disclosure that fly in the face of cryptocurrency\'s ethos of bypassing the traditional gatekeepers of finance, such as banks and exchanges.\nBut that complicates the calculus for ETFs, as the yield on staked ether is often higher than that of just plain passive tokens.\n"Getting the SEC on board to allow staked ether ETFs will be a very tough bargain and is, for now, extremely unlikely," said Anders Helset, head of research at digital assets analytics firm K33\nInstitutional demand for ether has been a fraction of that for rival bitcoin. Digital asset funds tracking ether have seen outflows of $46.4 million in the month to March 23, according to CoinShares data, versus inflows of over $4 billion for products tracking bitcoin.\nSome market participants believe in focusing on ethereum technology, which forms the backbone of much of the internet\'s \'Web3\' vision and powers applications involving crypto offshoots such as decentralised finance and blockchain gaming.\nBlackRock unveiled its first tokenized fund on the ethereum blockchain last month, sparking conversation around the platform\'s use in broader tokenisation of real world assets.\nSo far over $2 billion worth of commodities and government securities, among other traditional assets, have been tokenized on several networks, of which 80% are on the ethereum blockchain, according to Swiss cryptocurrency manager 21Shares.\n(Reporting by Medha Singh and Lisa Pauline Mattackal in Bengaluru; Graphics by Sumanta SenEditing by Vidya Ranganathan and Muralikumar Anantharaman)', '• Bitcoin hovers near $66,000, with the CoinDesk20 Index signaling broader market weakness.\n• Crypto futures rates and open interest have decreased, signaling a potential end to a two-month rally.\nBitcoin {{BTC}} held on to losses during the Asian trading hours on Tuesday, trading at around $66,000, as traders digested resurgent Treasury yields and the possibility that the Fed might delay rate cuts until later this year.\nAt the time of writing, ether {{ETH}} changed hands above $3,300, while theCoinDesk 20 (CD20)was down 0.6% to 2,532.\nThe yield on the 10-year Treasury note clocked a two-week high of 4.40% overnight due to persistent inflation and unexpectedly strong manufacturing activity. An uptick in the so-called risk-free rate typically spurs an outflow of money from risk assets and zero-yielding investments like gold. The yellow metal, however, remained resilient amid the weak tone in bitcoin and Wall Street’s tech-heavy index, Nasdaq.\n“Bitcoin retraced down to $65,000, mostly attributed to the recent macro outlook on interest rates and rising Treasury yields,” Semir Gabeljic, director of capital formation at Pythagoras Investments, said in an email interview. “Higher interest rate environments typically tend to reduce investor appetite to risk.”\nOn Polymarket, bettors have ruled out a rate cut by May and are split 50-50 on whether one will happen in June. Most of the certain money is on it happening in the fall.\nTheCME Fed Watchtool has a 97% chance of rates staying the same after May’s meeting.\nCoinglass datashows that over $245 million in long positions have been liquidated in the last 24 hours, with $60 million in BTC positions getting rekt.\n“Perpetual futures funding rates for most crypto assets are back to 1bps, and global futures open interest decreased by 10 percent overnight, indicating some leveraged long positions are closed,” Jun-Young Heo, a Derivatives Trader at Singapore-baed Presto, added.\n“As recent bitcoin ETF inflows are stagnating and BTC and ETH market prices came below the 20-day moving average, some trend followers would have regarded yesterday’s downturn as the end of a two-month-long rally,” he continued.', '• Bitcoin hovers near $66,000, with the CoinDesk20 Index signaling broader market weakness.\n• Crypto futures rates and open interest have decreased, signaling a potential end to a two-month rally.\nBitcoin {{BTC}} held on to losses during the Asian trading hours on Tuesday, trading at around $66,000, as traders digested resurgent Treasury yields and the possibility that the Fed might delay rate cuts until later this year.\nAt the time of writing, ether {{ETH}} changed hands above $3,300, while theCoinDesk 20 (CD20)was down 0.6% to 2,532.\nThe yield on the 10-year Treasury note clocked a two-week high of 4.40% overnight due to persistent inflation and unexpectedly strong manufacturing activity. An uptick in the so-called risk-free rate typically spurs an outflow of money from risk assets and zero-yielding investments like gold. The yellow metal, however, remained resilient amid the weak tone in bitcoin and Wall Street’s tech-heavy index, Nasdaq.\n“Bitcoin retraced down to $65,000, mostly attributed to the recent macro outlook on interest rates and rising Treasury yields,” Semir Gabeljic, director of capital formation at Pythagoras Investments, said in an email interview. “Higher interest rate environments typically tend to reduce investor appetite to risk.”\nOn Polymarket, bettors have ruled out a rate cut by May and are split 50-50 on whether one will happen in June. Most of the certain money is on it happening in the fall.\nTheCME Fed Watchtool has a 97% chance of rates staying the same after May’s meeting.\nCoinglass datashows that over $245 million in long positions have been liquidated in the last 24 hours, with $60 million in BTC positions getting rekt.\n“Perpetual futures funding rates for most crypto assets are back to 1bps, and global futures open interest decreased by 10 percent overnight, indicating some leveraged long positions are closed,” Jun-Young Heo, a Derivatives Trader at Singapore-baed Presto, added.\n“As recent bitcoin ETF inflows are stagnating and BTC and ETH market prices came below the 20-day moving average, some trend followers would have regarded yesterday’s downturn as the end of a two-month-long rally,” he continued.', 'Approximately $2 billion worth of Bitcoin (BTC) seized by US authorities, in connection with the Silk Road marketplace, has been moved to a new address. Blockchain data from April 2 revealed that a wallet associated with the US Justice Department conducted a 0.001 BTC test transaction to a Coinbase Prime address. Subsequently, the same wallet transferred 30,174 BTC, equivalent to roughly $2 billion at the time, to a different address.\nOnline investigators identified this wallet as the one containing Bitcoin seized from James Zhong, who was convicted in 2022 for his role in the Silk Road case. In 2012, Zhong stole over 50,000 BTC from the Silk Road platform. In 2021, US authorities raided his property and discovered hard wallets holding Bitcoin. The majority of the seized cryptocurrency was sent to the same address that initiated the transfer of over 30,000 BTC on April 2.\nSilk Road was a marketplace that facilitated the trading of illicit goods such as weapons, drugs, and stolen credit card information. Ross Ulbricht, the creator of Silk Road, was arrested by US authorities in 2013 and is currently serving two life sentences without the possibility of parole.\nIn March 2023, US government authorities reported the sale of approximately 9,861 BTC seized from Zhong for over $215 million, leaving around 40,000 BTC remaining. The news of the transaction saw BTC fall by 3.74% over the past 24 hours, as the potential sale of BTC will add to more selling pressure in the market.', 'Approximately $2 billion worth of Bitcoin (BTC) seized by US authorities, in connection with the Silk Road marketplace, has been moved to a new address. Blockchain data from April 2 revealed that a wallet associated with the US Justice Department conducted a 0.001 BTC test transaction to a Coinbase Prime address. Subsequently, the same wallet transferred 30,174 BTC, equivalent to roughly $2 billion at the time, to a different address.\nOnline investigators identified this wallet as the one containing Bitcoin seized from James Zhong, who was convicted in 2022 for his role in the Silk Road case. In 2012, Zhong stole over 50,000 BTC from the Silk Road platform. In 2021, US authorities raided his property and discovered hard wallets holding Bitcoin. The majority of the seized cryptocurrency was sent to the same address that initiated the transfer of over 30,000 BTC on April 2.\nSilk Road was a marketplace that facilitated the trading of illicit goods such as weapons, drugs, and stolen credit card information. Ross Ulbricht, the creator of Silk Road, was arrested by US authorities in 2013 and is currently serving two life sentences without the possibility of parole.\nIn March 2023, US government authorities reported the sale of approximately 9,861 BTC seized from Zhong for over $215 million, leaving around 40,000 BTC remaining. The news of the transaction saw BTC fall by 3.74% over the past 24 hours, as the potential sale of BTC will add to more selling pressure in the market.', 'The Argentine government has initiated the enforcement of regulations for cryptocurrency exchanges to operate legally within the country. The Comisión Nacional de Valores (CNV), Argentina\'s securities regulator,announcedthat virtual asset service providers must adhere to recommendations from the Financial Action Task Force (FATF). As part of the country\'s Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) reforms, specific companies offering crypto-related services are required to register with the Argentine government.\nRoberto Silva, President of the CNV, emphasized that virtual asset service providers who fail to register "will not be able to operate in the country." The implementation of these laws affecting crypto providers in Argentina gained momentum when the country\'s senate approved modifications aimed at preventing money laundering and terrorist financing on March 14.\nThe proposed changes to Argentina\'s laws concerning crypto users were reportedly introduced before Javier Milei was elected as the President in November 2023. Milei was hailed by many cryptocurrency enthusiasts at the time due to his seemingly positive stance on Bitcoin. However, the introduction of FATF requirements has raised concerns about the future of digital assets in Argentina.\nThe impact of these requirements on businesses operating in Argentina and customers seeking to utilize their services remains uncertain. Strike, a popular app in Argentina for facilitating Bitcoin payments via the Lightning network, has reportedly disabled the option for locals to send fiat to bank accounts.', 'Latest update also sees the addition of BTC Taproot support, marking another critical milestone in Binance\'s continual efforts to offer a user-friendly, convenient platform for crypto and Web3\nDUBAI, UAE,April 3, 2024/PRNewswire/ --Binance, the global blockchain ecosystem trusted by over 185 million users worldwide, is excited to announce that itsBinance Inscription Marketplacenow supports ARC-20 tokens, a fungible token standard built on the emerging Atomicals Protocol on Bitcoin. Starting today, users are able to trade and transfer ARC-20 tokens on the Binance Inscription Marketplace, adding to the wide range of features that are already available on the platform.\nWith this latest expansion, Binance Inscription Marketplace becomes one of only a few platforms that support such a diverse range of inscription assets, including BRC-20, EVM, and the newly incorporated ARC-20 tokens.\n"At Binance, our top priority has always been to provide our users with the tools and capabilities they need to harness the full potential of the cryptocurrency landscape," remarks Binance Product Marketing Lead Sherrine Tan. "Our decision to support ARC-20 tokens trading is a direct response to our users\' interests. This move unlocks a realm of opportunities, giving users an easy, seamless and secure way to explore the Atomicals Protocol and the vast possibilities of the inscriptions ecosystem."\nSuch wide asset support is possible due to the addition of an important new feature allowing users to manually mark Bitcoin Unspent Transaction Outputs (UTXOs). Given the diverse nature of the various inscription protocols on the Bitcoin network, UTXO management is significant. Users have the rights to mark any conflicting asset as their desired choice. To put it simply, this feature enhances the user experience by facilitating an extensive asset offering for users and enabling them to seamlessly use their chosen assets, without worrying about the underlying technical complexities.\nHosted within theBinance Web3 Wallet, a self-custody crypto wallet located within the Binance app, the Binance Inscriptions Marketplace offers an accessible and user-friendly platform for the buying, selling and minting of a wide range of inscription tokens. It is powered by BTC Transaction Accelerator which facilitates faster Bitcoin transactions on the platform.\nIn a move that further demonstrates Binance\'s dedication to facilitate the growth of the Bitcoin ecosystem, support for the BTC Taproot address has also been added to Binance Web3 Wallet. Users can now conveniently choose between the Taproot or Native SegWit, and are able to seamlessly create or import their existing BTC wallets to view their assets.\nThe Binance Inscriptions Marketplace leverages the API ofAtomicals Market, the largest marketplace for ARC-20 tokens. This strategic partnership facilitates users\' entry into the world of ARC-20 tokens and Atomicals Protocol as they can gain access to a wide range of ARC-20 tokens offering, while also benefiting from the simplicity, convenience and security that Binance Web3 Wallet has to offer.\nCEO at Atomicals Market, who goes by \'X\', commented: "Our partnership with\xa0Binance marks a significant step forward in making ARC-20 tokens easily accessible to the crypto community. We are excited to introduce the depth of opportunities that the Atomicals Protocol offers to Binance\'s extensive global user base and an even broader spectrum of users. It\'s an exciting time for both Atomicals Market and Binance users - the future is bright and full of immense possibilities!"\nTo celebrate this milestone, Binance is also partnering with Atomicals Market to offer trading of ARC-20s with zero service fee exclusively on Binance Inscription Marketplace for a limited time. This promotion will last for two months, fromApril 3 to June 2, 2024.\nThis announcement today follows closely on the heels of Binance\'srecent integration ofthe Solana network and addition of selected Solana-based decentralized applications to its Web3 Wallet. The continuous innovation and enhancement of its platform is part of Binance\'s broader efforts to be responsive to user needs and provide them with the latest product developments ahead of market trends.\nDisclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.\nAbout Binance\nBinance is the world\'s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by trading volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, decentralization and infrastructure solutions, and more. For more information, visit:https://www.binance.com\nSOURCE Binance', "• Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million.\n• The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth.\nBitcoin (BTC) outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time.\nProvisional data from Farside Investorsshows ARKB saw nearly $88 million in outflows on Tuesday, more than GBTC’s $81 million. The two products were the only losers among the 11 ETFs.\nARKB’s outflows were the biggest since it went live in January. It lost $300,000 on Monday, notching its first ever outflows.\nGrayscale’s total outflows now exceed $15 billion, the data shows, and it has seen outflows continuously since March 15.\nBlackRock’s IBIT, the usual leader, took on another $150 million, followed by Fidelity’s FBTC at $44 million. Overall net inflows stood at $40 million, up from net outflows of $80 million on Monday.\nBitcoin prices are little changed over the past 24 hours, trading at just over $66,000 as of European morning hours. The broad-basedCoinDesk 20is down 0.6%.", "• Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million.\n• The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth.\nBitcoin (BTC) outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time.\nProvisional data from Farside Investorsshows ARKB saw nearly $88 million in outflows on Tuesday, more than GBTC’s $81 million. The two products were the only losers among the 11 ETFs.\nARKB’s outflows were the biggest since it went live in January. It lost $300,000 on Monday, notching its first ever outflows.\nGrayscale’s total outflows now exceed $15 billion, the data shows, and it has seen outflows continuously since March 15.\nBlackRock’s IBIT, the usual leader, took on another $150 million, followed by Fidelity’s FBTC at $44 million. Overall net inflows stood at $40 million, up from net outflows of $80 million on Monday.\nBitcoin prices are little changed over the past 24 hours, trading at just over $66,000 as of European morning hours. The broad-basedCoinDesk 20is down 0.6%.", "U.S.-listed bitcoin {{BTC}} exchange-traded funds (ETFs) captured over $110 billion in trading volume in March, a figure three times higher than the volumes in January and February, as the largest cryptocurrency soared to record highs.\nTrading was led by BlackRock’s IBIT, which comprised almost 50% of the total, Bloomberg Intelligence analyst Eric Balchunas said on X. Grayscale’s GBTC was next with 20% of the total share, followed by Fidelity’s FBTC at 17%.\n“$IBIT won the volume race and is officially the $GLD of bitcoin,” Balchunas said, referring to a gold ETF. “I can't imagine April will be bigger but who knows.”\nThe U.S. bitcoin ETFs were approved by the Securities and Exchange Commission in January and started trading Jan. 12, when the asset was priced around $45,000. Since then, bitcoin has climbed to a record $73,000, prompting a change in the market dynamic from fundamentals to spot ETF performance,some firms say.\nBlackRock’s volumes have all originated from inflows since March 15,datafrom Farside Investors show, andit held over $16 billion worthof bitcoin as of Tuesday's close. Aspreviously reported, a large chunk of BlackRock’s volumes come from retail investors with an average trading size of $13,000.", "U.S.-listed bitcoin {{BTC}} exchange-traded funds (ETFs) captured over $110 billion in trading volume in March, a figure three times higher than the volumes in January and February, as the largest cryptocurrency soared to record highs.\nTrading was led by BlackRock’s IBIT, which comprised almost 50% of the total, Bloomberg Intelligence analyst Eric Balchunas said on X. Grayscale’s GBTC was next with 20% of the total share, followed by Fidelity’s FBTC at 17%.\n“$IBIT won the volume race and is officially the $GLD of bitcoin,” Balchunas said, referring to a gold ETF. “I can't imagine April will be bigger but who knows.”\nThe U.S. bitcoin ETFs were approved by the Securities and Exchange Commission in January and started trading Jan. 12, when the asset was priced around $45,000. Since then, bitcoin has climbed to a record $73,000, prompting a change in the market dynamic from fundamentals to spot ETF performance,some firms say.\nBlackRock’s volumes have all originated from inflows since March 15,datafrom Farside Investors show, andit held over $16 billion worthof bitcoin as of Tuesday's close. Aspreviously reported, a large chunk of BlackRock’s volumes come from retail investors with an average trading size of $13,000.", "Despite the meteoric rise ofBitcoin(CRYPTO: BTC)during the past decade, significant skepticism remains about just how much higher it can go. WithBitcointrading near all-time highs, some investors might believe it is simply too late to invest in cryptocurrency.\nBut if anything, it is just now coming into its own as a stand-aloneasset class. And while it's perfectly OK to be skeptical about crypto, it's hard to find another asset class with the same type of historical track record and long-term upside potential. Let's take a closer look.\nAccording to The Motley Fool Ascent's 2024 Cryptocurrency Investor Trends Survey, there are a number of reasons for the crypto skepticism. And curiously enough, one of them was the belief that crypto is unable to deliver a good return. This reason was cited by 29% of respondents who didn't already own it.\nWhen you look at Bitcoin's historical returns, this concern seems completely unjustified. During the 10-year period from 2011 to 2021, Bitcoin was the top-performing asset in the world, and it wasn't even close.\nAnnualized returns were 230%. The next closest asset class (high-growth tech stocks) returned only 20% per year. In 2023, Bitcoin was up more than 150%, and this year, it is already up about 50%.\nThis track record of performance explains why Wall Street has finally embraced Bitcoin as a stand-alone asset class. After years of naysaying, the world's biggest financial institutions are finally waking up to the unique risk-reward profile of Bitcoin and why it deserves a place in the portfolios of many investors.\nWe're seeing this right now with the tremendous amount of money being deposited in the new spot Bitcoin exchange-traded funds (ETFs) by institutional investors. In less than three months, more than $30 billion has flowed into these ETFs.\nSkeptics will likely counter that past performance is no guarantee of future returns. So, yes, maybe Bitcoin will never duplicate its performance of the past decade, when it delivered truly astronomical returns.\nFrom a price of just $1 in February 2011, Bitcoin exploded in value to almost $70,000 today. Even if you waited to invest in Bitcoin until November 2017, when it first traded around the $7,000 mark, you've still made a whopping 10-fold return on your investment!\nSo the big question becomes: Does Bitcoin still have 10x upside potential? At today's price of almost $70,000, that would imply a future price target of $700,000. While that number seems outlandishly high, you might be surprised by Wall Street's price predictions.\nFor example, a growing number of analysts and investors are now predicting that Bitcoin will hit a price of $1 million by 2030. Chief among them is Cathie Wood of Ark Invest, who first suggested a $1 million price tag back in 2022. Since then, she has raised her price target to $3.8 million.\nObviously, a lot still needs to go right for Bitcoin to increase that much in value. There needs to be more mainstream adoption. Institutional investors need to continue to ratchet up their asset allocations of the crypto. Regulators need to create a better regulatory framework for crypto. Blockchain developers need to create more uses for it, and everyday users need to embrace the digital coin as part of the modern global financial system.\nTaking a big-picture view, I can see why so many investors in The Motley Fool's 2024 cryptocurrency investor survey were skeptical about crypto.\nBut there are plenty of reasons to be optimistic about Bitcoin. The recent launch of the new spot Bitcoin ETFs, for example, could turn out to be a watershed moment in the history of crypto if it leads to mainstream adoption.\nGiven Bitcoin's historical track record and its sky-high upside potential, I remain bullish. To paraphrase Winston Churchill, this is not the end for Bitcoin, or even the beginning of the end. It is just the end of the beginning.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nSome Skeptics Say It's Too Late to Invest in Crypto. I Disagree, and Here's Why.was originally published by The Motley Fool", '• The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.\n• The data indicates that capital continues to flow into the crypto market.\n• Other indicators like bitcoin’s MVRV Z-score suggest there is plenty of upside left in the top cryptocurrency by market value.\nBitcoin’s {{BTC}} steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder keg that could be used to fund token purchases, continues to rise, reassuring stability to bitcoin bulls.\nBitcoin hit record highs above $73,500 on March 14 and has since struggled to keep gains above $70,000, mainly due to the dwindling probability of Fed rate cuts in June. At press time, the leading cryptocurrency by market value was changing hands at $66,300, down 10% from its all-time high.\nHowever, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year.\nThe continued expansion in the supply of stablecoins, a proxy for liquidity, is a positive sign for the crypto market, according to Reflexivity Research.\n“As this [stablecoin supply] continues to trend up, this shows that capital continues to flow into crypto markets," Reflexivity Research said in a newsletter dated April 2.\nIn other words, dip demand for bitcoin could be strong, and the broader uptrend may soon resume.\nOver the years, stablecoins led by tether have emerged as the primary mechanism for purchasing cryptocurrencies in the spot market and trading derivatives.Since late 2021, traders have increasingly preferred crypto futures margined and settled in stablecoins than token-margined ones.\nStablecoin-margined futures offer a linear payoff where the value of the collateral remains steady irrespective of market volatility. As such, traders do not have to constantly look for hedging their collateral.\nOther indicators like the Z-score of bitcoin’s market value-to-realized value (MVRV) ratio also indicate that the path of least resistance is on the higher side.\nThe MVRV Z-score measures the market value’s deviation from the realized value. The latter approximates the value paid for all coins in existence by adding the market value of coins when they last moved on the blockchain and is considered a proxy for fair value.\nHistorically, a below-zero MVRV Z-score ( has marked market bottoms, while a reading above seven has marked tops. Glassnode data show, at press time, the Z-score was 2.87, a sign bitcoin is far from being overbought or near a major market top.', '• The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.\n• The data indicates that capital continues to flow into the crypto market.\n• Other indicators like bitcoin’s MVRV Z-score suggest there is plenty of upside left in the top cryptocurrency by market value.\nBitcoin’s {{BTC}} steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder keg that could be used to fund token purchases, continues to rise, reassuring stability to bitcoin bulls.\nBitcoin hit record highs above $73,500 on March 14 and has since struggled to keep gains above $70,000, mainly due to the dwindling probability of Fed rate cuts in June. At press time, the leading cryptocurrency by market value was changing hands at $66,300, down 10% from its all-time high.\nHowever, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year.\nThe continued expansion in the supply of stablecoins, a proxy for liquidity, is a positive sign for the crypto market, according to Reflexivity Research.\n“As this [stablecoin supply] continues to trend up, this shows that capital continues to flow into crypto markets," Reflexivity Research said in a newsletter dated April 2.\nIn other words, dip demand for bitcoin could be strong, and the broader uptrend may soon resume.\nOver the years, stablecoins led by tether have emerged as the primary mechanism for purchasing cryptocurrencies in the spot market and trading derivatives.Since late 2021, traders have increasingly preferred crypto futures margined and settled in stablecoins than token-margined ones.\nStablecoin-margined futures offer a linear payoff where the value of the collateral remains steady irrespective of market volatility. As such, traders do not have to constantly look for hedging their collateral.\nOther indicators like the Z-score of bitcoin’s market value-to-realized value (MVRV) ratio also indicate that the path of least resistance is on the higher side.\nThe MVRV Z-score measures the market value’s deviation from the realized value. The latter approximates the value paid for all coins in existence by adding the market value of coins when they last moved on the blockchain and is considered a proxy for fair value.\nHistorically, a below-zero MVRV Z-score ( has marked market bottoms, while a reading above seven has marked tops. Glassnode data show, at press time, the Z-score was 2.87, a sign bitcoin is far from being overbought or near a major market top.', '• Bitfinex Derivatives unveils perpetual futures tied to Volmex Finance’s bitcoin and ether implied volatility indices.\n• Users can now place bets on the degree of price turbulence in the top two cryptocurrencies.\nCryptocurrency exchange Bitfinex announced the launch of perpetual futures tied to bitcoin {{BTC}} and ether {{ETH}} volatility indices, allowing traders to place bets on expected price turbulence in the leading cryptocurrencies.\nThe new futures are based on the decentralized derivatives platform Volmex’s bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV).\nBoth indices are derived from real-time bitcoin and ether call and put options and indicate the expected price turbulence over 30 days. Per Volmex, the two indices are analogous to Wall Street’s fear gauge, the VIX index, which is derived from the options market tied to the S&P 500 index.\nStarting April 3, Bitfinex users can trade bitcoin and ether volatility futures under the ticker symbols BVIVF0:USTFO and EVIVFO:USDTFO, according to the press release shared with CoinDesk. These contracts are denominated, margined, and settled in tether (USDT), the world’s largest dollar-pegged stablecoin.\nPerpetuals are futures contracts with no expiry and a funding rate mechanism that helps keep prices for perpetuals in sync with the underlying asset/index.\nThe availability of volatility futures means Bitfinex users can bet on how fast the anticipated bullish or bearish price move in bitcoin and ether will happen. Being long volatility means betting the asset’s price might move violently in either direction.\nThe volatility futures will help traders navigate binary events like crucial U.S. economic data releases, Fed rate decisions, and crypto-specific events that have the potential to inject volatility into the market and open doors to retail investors who lack the resources or expertise to set up complex options strategies like straddles andstranglesto profit from changes in implied volatility.\nBitfinex’s new offering comes a year after dominant crypto options exchange Deribitlistedstandard futures contracts tied to its proprietary bitcoin volatility index, DVOL.', "If you've been a consistent reader of mine during the past couple of years, you likely know that I am a huge fan ofStacks(CRYPTO: STX). TheBitcoin(CRYPTO: BTC)compatible Layer 2 has been on a tear during the past year or so and it is the top-performing cryptocurrency in my portfolio.\nSince my first investment in Stacks in May 2023, when it was worth about $0.60, it has climbed to an all-time high of $3.80. With some additional investments along the way, my Stacks position is up a commendable 307% as of March 30. Yet, while I'm sitting on comfortable gains, I have no plans to sell anytime soon. Here's why I think Stacks is just getting started.\nIt's no secret that Bitcoin lacks some of the functionality common among many other cryptocurrencies today. Without smart contracts, Bitcoin can only be used as a store of value or as a means of payment. In other words, it isn't programmable and can't be leveraged in the burgeoningdecentralized finance (DeFi)economy.\nBut with Stacks, this all changes. Known as a Layer-2 blockchain, Stacks processes transactions in bundles on its own blockchain and then finalizes those bundled transactions on Bitcoin's blockchain. What this means is that Stacks is essentially as secure as Bitcoin, and security is a key feature of Bitcoin.\nFurthermore, Stacks possessessmart contractfunctionality, allowing developers and users to participate in the burgeoning DeFi economy. Chock-full of innovative use cases such as non-fungible tokens (NFTs), stablecoins, yield farming, and much more, DeFi is a valuable and popular sector and one that Bitcoin can now be leveraged in via Stacks.\nAs it currently stands, Stacks uses Bitcoin as the foundation of its financial ecosystem. In a roundabout fashion you could get away with saying Stacks allows Bitcoin to enter the DeFi economy, but this wouldn't be completely true.\nAlthough Stacks's layered infrastructure is undoubtedly novel, there is still a clear separation between the two blockchains; users can't directly utilize Bitcoin within decentralized applications and must use the STX crypto to pay for transactions. But that will change soon.\nIn late April, Stacks will receive an upgrade known as the Nakamoto Release. This upgrade will make some technical changes that will enable Stacks to settle transactions in less than 10 seconds as well as strengthen the security between Stacks and Bitcoin. Most importantly though, it will pave the way for introducing a new asset, sBTC.\nTo obtain sBTC, users must lock up their Bitcoin holdings in a smart contract, and then they are compensated with an equal amount of sBTC. Since sBTC tracks Bitcoin's price, there is no slippage.\nWith their new sBTC, users can participate in the various DeFi activities built on Stacks. Once complete, they can take their sBTC and redeem it for their original Bitcoin holdings.\nSimilar processes exist on the market today, but nearly all introduce some level of counterparty risk. The sBTC peg-in and peg-out process is done via smart contracts and the crypto miners secure the Stacks blockchain, making sBTC the first decentralized collateralized Bitcoin asset.\nIn many ways, the Nakamoto Release and sBTC are the keys to finally unlocking Bitcoin's $1.25 trillion worth of dormant capital in a secure fashion. It's difficult to put into words how just lucrative and paradigm-shifting the Nakamoto Release will be.\nTo speculate a bit and dive into why I don't plan on selling, let's walk through a comparison of another blockchain,Ethereum. Over the years, Ethereum has risen to become the de facto standard of DeFi. Similar to Bitcoin, it has a few functional limitations, so Layer-2 blockchains have joined in to help facilitate faster and cheaper transactions. Today, Ethereum's Layer-2 ecosystem is collectively worth about $30 billion.\nHerein lies the potential for Stacks. With its market cap worth about $5 billion, Stacks is on the front lines of expanding Bitcoin's use cases so that it can be utilized in similar ways to Ethereum today. Yet Bitcoin is worth nearly three times as much as Ethereum.\nThe potential of Stacks is difficult to quantify, but we are likely only in the beginning stages of the Bitcoin-DeFi era. Given its relationship with Bitcoin and the innovative functionality Stacks brings to the world's original and most valuable cryptocurrency, I don't plan on selling anytime soon.\nShould you invest $1,000 in Stacks right now?\nBefore you buy stock in Stacks, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Stacks wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nRJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nI'm Up 300% on This Cryptocurrency and Will Probably Never Sellwas originally published by The Motley Fool", '• Bitfinex Derivatives unveils perpetual futures tied to Volmex Finance’s bitcoin and ether implied volatility indices.\n• Users can now place bets on the degree of price turbulence in the top two cryptocurrencies.\nCryptocurrency exchange Bitfinex announced the launch of perpetual futures tied to bitcoin {{BTC}} and ether {{ETH}} volatility indices, allowing traders to place bets on expected price turbulence in the leading cryptocurrencies.\nThe new futures are based on the decentralized derivatives platform Volmex’s bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV).\nBoth indices are derived from real-time bitcoin and ether call and put options and indicate the expected price turbulence over 30 days. Per Volmex, the two indices are analogous to Wall Street’s fear gauge, the VIX index, which is derived from the options market tied to the S&P 500 index.\nStarting April 3, Bitfinex users can trade bitcoin and ether volatility futures under the ticker symbols BVIVF0:USTFO and EVIVFO:USDTFO, according to the press release shared with CoinDesk. These contracts are denominated, margined, and settled in tether (USDT), the world’s largest dollar-pegged stablecoin.\nPerpetuals are futures contracts with no expiry and a funding rate mechanism that helps keep prices for perpetuals in sync with the underlying asset/index.\nThe availability of volatility futures means Bitfinex users can bet on how fast the anticipated bullish or bearish price move in bitcoin and ether will happen. Last 60 Days of Bitcoin's Closing Prices: [42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-03 Financial & Commodity Data: - Gold Closing Price: $2294.40 - Crude Oil Closing Price: $85.43 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,298,657,807,438 - Hash Rate: 586781694.0809289 - Transaction Count: 372978.0 - Unique Addresses: 714141.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - Company earns 286 BTC in March 2024 - - Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations - TORONTO, Ontario and BROSSARD, Québec, April 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin mining company, provides its monthly production report and update on its fleet upgrade and expansion. Fleet Upgrade Review Geoff Morphy, President and Chief Executive Officer said, “In March, we exercised our previously announced purchase option for 28,000 Bitmain T21 miners and purchased an additional 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. “Having confirmed the tremendous performance of our T21 miners currently running, and with Bitcoin prices reaching all-time highs, we acted quickly to secure these miners at attractive prices in advance of anticipated hardware price increases. Together, with our 35,888 Bitmain T21 purchases and farm expansions announced in November, these new 87,796 miners are sufficient to reach 21 EH/s by year-end, with greater operating efficiency. “These orders solidify our expansion plan for 2024 and provide the pathway to operating one of the newest and potentially most efficient mining fleets in the industry. Securing these miners is a key part of our strategy to drive rapid and meaningful improvements across three principal operating metrics of hashrate, energy efficiency and operating costs per terahash as we plan to capture greater upside from rising Bitcoin prices and expanding mining margins,” added Morphy. Ben Gagnon, Chief Mining Officer, said, “In March, we received 1,650 T21 miners with 6,400 additional miners in transit. The majority of the miners received are installed and online. Garlock installations are now planned for completion in the first week of April. With curtailment in Quebec and Paraguay, as well as power plant maintenance in Argentina, we had fewer miners online than normal, resulting in a month-end hashrate of 6.5 EH/s. We expect to achieve 7 EH/s by mid-April. “As we enter the Halving, we remain focused on our 2024 transformational fleet upgrade and expansion plan which triples our hashrate to 21 EH/s, increases our targeted operating capacity by 83% to 440 MW, and improves our fleet efficiency by 38% to 21 w/TH. This marks the largest growth in the Company’s history and propels us toward becoming one of the industry leaders in energy efficiency. Bitfarms is well positioned, with a strong balance sheet, to execute on our growth plans and capitalize on opportunities in the upcoming bull market and beyond.” Mining Review March mining operations generated 286 BTC compared to 300 BTC in February. This reflects participation in grid-stabilizing curtailment programs, power plant maintenance in Argentina, downtime associated with facility upgrades resulting in temporary lower average operating EH/s, and a 4.8% increase in network difficulty. [{"Key Performance Indicators": "Total BTC earned", "March 2024": "286", "February 2024": "300", "March 2023": "424"}, {"Key Performance Indicators": "Month End Operating EH/s", "March 2024": "6.5", "February 2024": "6.5", "March 2023": "4.8"}, {"Key Performance Indicators": "BTC/Avg. EH/s", "March 2024": "50", "February 2024": "49", "March 2023": "91"}, {"Key Performance Indicators": "Average Operating EH/s", "March 2024": "5.7", "February 2024": "6.1", "March 2023": "4.6"}, {"Key Performance Indicators": "Operating Capacity (MW)", "March 2024": "240", "February 2024": "240", "March 2023": "188"}, {"Key Performance Indicators": "Hydropower (MW)", "March 2024": "186", "February 2024": "186", "March 2023": "178"}, {"Key Performance Indicators": "Watts/Terahash Efficiency (w/TH)", "March 2024": "34", "February 2024": "35", "March 2023": "39"}, {"Key Performance Indicators": "BTC Sold", "March 2024": "284", "February 2024": "300", "March 2023": "394"}] March 2024 Select Operating Highlights • 6.5 EH/s online at March 31, 2024, up 35% Y/Y and unchanged from previous month. • 5.7 EH/s average online, down 6.6% from the previous month. • 50 BTC/average EH/s, up 2.0% from the previous month. • 286 BTC earned, 5% lower than previous month and 33% lower Y/Y. • 9.2 BTC earned daily on average, equal to ~$647,700 per day based on a BTC price of $70,400 at March 31, 2024. • 1,656 Bitmain T21 miners received with majority online. • In Paraguay,At Paso Pe:80 MW main transformer received and installed.3,905 Bitmain T21 miners in transit.1,920 Bitmain M53S+ Hydro Miners received and ready for installation upon receipt of Hydro Containers in mid-April.At Yguazu, purchase agreements signed for all long lead-time equipment, including large transformers, cabling, and related interconnects. Bitfarms’ BTC Monthly Production [{"Month": "January", "BTC Earned 2024": "357", "BTC Earned 2023": "486"}, {"Month": "February", "BTC Earned 2024": "300", "BTC Earned 2023": "387"}, {"Month": "March", "BTC Earned 2024": "286", "BTC Earned 2023": "424"}, {"Month": "YTD Totals", "BTC Earned 2024": "943", "BTC Earned 2023": "1,297"}] March 2024 Financial Update • Sold 284 of the 286 BTC earned as part of the Company’s regular treasury management process for total proceeds of $19.2 million. • BTC held in treasury increased to 806, representing $56.7 million based on a BTC price of $70,400 at March 31, 2024. • Held Synthetic HODL™ of 85 long-dated BTC call options at March 31, 2024, reflecting 50 contracts exercised at maturity prior to month-end. • Held $66 million in cash, for total liquidity of $123 million, at March 31, 2024. • Exercised purchase option for 28,000 Bitmain T21 miners and purchased 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. • Received $1.7 million net proceeds from the sale and leaseback of the Garlock facility, as part of the Company’s focus on efficient capital utilization. Upcoming Conferences and Events • April 8-9: DigitalABC's First Annual Canadian Crypto Asset and Blockchain Policy Conference, Ottawa • April 9: Bitcoin Policy Summit, Washington DC • April 29-30: AIM Summit, London • May 14-15: 19thAnnual Needham Technology, Media & Consumer Conference, New York City • May 15: Digital Blockchain Summit, Washington DC • May 22-23: B. Riley Securities 24th Annual Institutional Investor Conference, Beverly Hills, CA About Bitfarms Ltd Founded in 2017, Bitfarms is a global Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 11 operating Bitcoin mining facilities and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments, and online communities:www.bitfarms.comhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/ Glossary of Terms • BTC or BTC/day = Bitcoin or Bitcoin per day • EH or EH/s = Exahash or exahash per second • MW or MWh = Megawatts or megawatt hour • PH or PH/s = Petahash or petahash per second • TH or TH/s = Terahash or terahash per second • w/TH = Watts/Terahash efficiency (includes cost of powering supplementary equipment) • Synthetic HODL™ = the use of instruments that create bitcoin equivalent exposure Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding projected growth, target hashrate, opportunities relating to the Company’s geographical diversification and expansion, upgrading and deployment of miners as well as the timing therefor, improved financial performance and balance sheet liquidity, other growth opportunities and prospects, and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; it may not be possible to profitably liquidate the current digital currency inventory, or at all; the digital currency market may not continue to be accepted by users; digital currency prices are volatile and a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions may not be achieved; the Company may not be able to maintain reliable and economical sources of power for the Company to operate its cryptocurrency mining assets; \here may be increases in the Company’s electricity costs and costs of natural gas, the Company may be impacted by changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates, which could adversely impact the Company’s profitability; the Company ability to expand will depend upon the completion of future financings,; and the adoption of new, or changes in existing, regulations or laws could prevent the Company from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.SEDAR.com (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the Company’s annual information form for the year-ended December 31, 2022, filed on March 21, 2023. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law . Investor Relations Contacts: Tracy Krumme (Bitfarms)+1 [email protected] David Barnard (LHA)+1 [email protected] Media Contacts: Actual AgencyKhushboo Chaudhary+1 [email protected] Québec Media: TactLouis-Martin Leclerc+1 [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it had entered into an agreement where the Corporation will pay back the $100,000 CAD loan that was advanced to the Corporation via the $300,000 CAD credit facility agreement the Corporation announced it had entered into, via press release, back on February 22, 2024. The Corporation will settle the outstanding loan amount via the issuance of 3,333,333 Common Shares at a price of $0.03 CAD per Common Share. The Corporation also announced today that it will also settle an aggregate of $50,000 CAD of secured debt owed to a creditor via the issuance of an aggregate 1,666,667 Common Shares at a price of $0.03 CAD per Common Share. The debt settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. The issuance of the 5,000,000 Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/204257', '• US stocks traded mostly higher on Wednesday as investors focused on Fed Chair Jerome Powell\'s latest comments.\n• He affirmed rate cuts are likely coming this year, assuming inflation continues to cool.\n• The S&P 500 and the Nasdaq Composite ended the day in the green, while bond yields ticked lower.\nUS stocks traded mostly higher on Wednesday as investors took in the latest guidance from Federal Reserve officials on the timing of interest rate cuts. The S&P 500 and Nasdaq Composite ended the trading day in the green, while bond yields ticked lower.\nIn an afternoon address, Fed Chair Jerome Powell affirmed that rate cuts were likely coming later in 2024. Still, he suggested policymakers need to have more confidence inflation is moving back to the Fed\'s 2% price target before issuing the first cut.\n"On inflation, it is too soon to say whether the recent readings represent more than just a bump," Powell said in prepared remarks at a Stanford University event. "Given the strength of the economy and progress in inflation so far, we have time to let the incoming data guide our decisions on policy."\nThat compares to remarks from Atlanta Fed President Raphael Bostic, who cast a hawkish tone this morning and said heforesaw just one rate cutby the end of the year. Fed Governor Adriana Kugler is scheduled to speak after the closing bell.\nInvestors are continuing to push back on their expectations for an interest rate cut. Markets are pricing in a 62% chance the Fed could cut rates at least once by June, according to theCME FedWatch tool, down from 74% odds priced in a month ago.\n"The narrative of falling inflation and imminent Fed rate cuts that drove the stock market\'s first quarter gains is wobbling in the second quarter," Yung-Yu Ma, the chief investment officer of BMO Wealth Management, said in a note on Wednesday. "We expect more of a market consolidation instead of a correction. The stock market doesn\'t need Fed rate cuts or even falling inflation, but it\'s also not in a robust position to quickly digest risks that could rise from accelerating inflation ... or rising long-term interest rates."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,211.49, up 0.1%\n• Dow Jones Industrial Average:39,127.14, down 0.1% (43 points)\n• Nasdaq Composite:16,277.46, up 0.2%\nHere\'s what else happened today:\n• JPMorgan just slashed its price target on Tesla stockand sees 32% downside for Elon Musk\'s carmaker.\n• Tesla could "go bust" and plunge 91% in value, according to one longtime bear.\n• China could be poised to grow at double the rateof the US in the coming years, according to one economist.\n• Trump Media is suing its cofoundersfor "failing spectacularly" and "doing significant damage" to its business.\n• Here\'s why stocks will stay under pressure until tax day on April 15.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.40% to $85.49 a barrel.Brent crude, the international benchmark, ticked higher 0.04% to $89.39 a barrel.\n• Goldedged up 0.66% to $2,295.51 per ounce.\n• The 10-year Treasury yield traded relatively flat around 4.357%.\n• Bitcoindipped 0.32% to $65,891.\nRead the original article onBusiness Insider', "ARK 21Shares exchange-traded fund (ARKB) experienced higherBitcoin (BTC)outflows than Grayscale's Bitcoin Trust (GBTC) for the first time. According to data from Farside Investors, ARKB recorded outflows of nearly $88 million on Tuesday, surpassing GBTC's outflows of $81 million. These two products were the sole losers among the 11 ETFs analyzed.\nThe outflows from ARKB mark its largest since its launch in January. The fund suffered a loss of $300,000 on Monday, marking its first-ever outflows. In contrast, Grayscale's Bitcoin Trust has been facing continuous outflows since March 15, with the total outflows now exceeding $15 billion, as per the data.\nAmong other ETFs, BlackRock's IBIT emerged as the leader, attracting an additional $150 million. Fidelity's FBTC followed with $44 million in inflows. Overall, the net inflows for the day reached $40 million, a significant improvement compared to the net outflows of $80 million recorded on Monday.\nBitcoin priceshave remained relatively stable over the past 24 hours, declining 0.55% over the past 24 hours. However, it experienced a sharp decline in the past week, dropping by over 5% and falling back below the $69,000 level.", "ARK 21Shares exchange-traded fund (ARKB) experienced higherBitcoin (BTC)outflows than Grayscale's Bitcoin Trust (GBTC) for the first time. According to data from Farside Investors, ARKB recorded outflows of nearly $88 million on Tuesday, surpassing GBTC's outflows of $81 million. These two products were the sole losers among the 11 ETFs analyzed.\nThe outflows from ARKB mark its largest since its launch in January. The fund suffered a loss of $300,000 on Monday, marking its first-ever outflows. In contrast, Grayscale's Bitcoin Trust has been facing continuous outflows since March 15, with the total outflows now exceeding $15 billion, as per the data.\nAmong other ETFs, BlackRock's IBIT emerged as the leader, attracting an additional $150 million. Fidelity's FBTC followed with $44 million in inflows. Overall, the net inflows for the day reached $40 million, a significant improvement compared to the net outflows of $80 million recorded on Monday.\nBitcoin priceshave remained relatively stable over the past 24 hours, declining 0.55% over the past 24 hours. However, it experienced a sharp decline in the past week, dropping by over 5% and falling back below the $69,000 level.", "Bitcoin Cash (BCH), the proof-of-work cryptocurrency forked from Bitcoin (BTC), faced a brief downturn in its three-month rally on Wednesday. The dip occurred shortly after the blockchain completed its second-ever halving, an event that slashes mining rewards in half.\nBitcoin Cash underwent its first halving on April 8, 2020, reducing miner rewards from 12.5 BCH to 6.25 BCH. Speculation surrounded the halving, driving BCH's price up by 147.85% over the past three months and 24% over the last 30 days.\nHowever, in the day leading up to the halving, Bitcoin Cash experienced a 9.94% price drop, falling to $572.21, according to CoinMarketCap data. Nevertheless, the cryptocurrency quickly rebounded after the halving, reaching $614. BCH is still down 2.40% over the past 23 hours. The temporary price decline resulted in 24 hours liquidations totaling $4 million, primarily affecting long positions with $2.92 million, while short positions accounted for $1.08 million,accordingto CoinGlass. The open interest has continued to surge, reaching $782 million.\nBitcoin Cash forked from Bitcoin in 2017 due to disagreements within the community regarding scaling and transaction fees. In 2019, it experienced another split, causing controversy among miners as some had not upgraded to the new chain, resulting in wasted resources.", "Bitcoin Cash (BCH), the proof-of-work cryptocurrency forked from Bitcoin (BTC), faced a brief downturn in its three-month rally on Wednesday. The dip occurred shortly after the blockchain completed its second-ever halving, an event that slashes mining rewards in half.\nBitcoin Cash underwent its first halving on April 8, 2020, reducing miner rewards from 12.5 BCH to 6.25 BCH. Speculation surrounded the halving, driving BCH's price up by 147.85% over the past three months and 24% over the last 30 days.\nHowever, in the day leading up to the halving, Bitcoin Cash experienced a 9.94% price drop, falling to $572.21, according to CoinMarketCap data. Nevertheless, the cryptocurrency quickly rebounded after the halving, reaching $614. BCH is still down 2.40% over the past 23 hours. The temporary price decline resulted in 24 hours liquidations totaling $4 million, primarily affecting long positions with $2.92 million, while short positions accounted for $1.08 million,accordingto CoinGlass. The open interest has continued to surge, reaching $782 million.\nBitcoin Cash forked from Bitcoin in 2017 due to disagreements within the community regarding scaling and transaction fees. In 2019, it experienced another split, causing controversy among miners as some had not upgraded to the new chain, resulting in wasted resources.", 'This article was originally published on theBenzinga India portal.\nMeme tokens likeShiba Inu(CRYPTO:SHIB),Pepe(PEPE), andFloki(FLOKI)\xa0have captured the attention of Indian investors, dominating the trading scene onWazirX, one of India’s premier crypto exchanges.\nWhat Happened:In an interesting shift in the cryptocurrency market, aside fromBitcoin(CRYPTO:BTC), all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly astighter regulations on foreign exchangeshave bolstered local platforms.\nhttps://twitter.com/Shibtoken/status/1775240712675635502\nShiba Inu, in particular, has emerged as a standout, not just outpacing its meme coin rivals but also surpassing Bitcoin in trading volume on the platform.\nSee also:X Launches Community Notes In India, Just In Time For Elections\nWhat to know:TheDogecoin(CRYPTO:DOGE)\xa0rival’s rise reflects a broader trend of meme coins gaining traction for their potential long-term value beyond speculative interest.\nThe SHIB team is working on plans to expand beyond its meme coin origins with innovations such as the DEX platform ShibaSwap and the layer-2 blockchain Shibarium, aiming to sustain the token’s growth amidst a generally positive sentiment in the meme coin ecosystem.\nDespite a recent dip in its price, SHIB remains a highly watched token. Over the last 24 hours, its trade volume fell 34% to $200.7 million, and its market position slipped to 12th, according to Coinmarketcap data. However, SHIB still boasts a 14% profit over the last 30 days, following an initial rally of over 200% in March.\nRead next:Tesla Scouts For Locations In India For A Proposed $2Bn-$3Bn Electric Car Plant\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleShiba Inu Outshines Bitcoin In India Amid Meme Coin Frenzy On Premier Domestic Platformoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'This article was originally published on theBenzinga India portal.\nMeme tokens likeShiba Inu(CRYPTO:SHIB),Pepe(PEPE), andFloki(FLOKI)\xa0have captured the attention of Indian investors, dominating the trading scene onWazirX, one of India’s premier crypto exchanges.\nWhat Happened:In an interesting shift in the cryptocurrency market, aside fromBitcoin(CRYPTO:BTC), all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly astighter regulations on foreign exchangeshave bolstered local platforms.\nhttps://twitter.com/Shibtoken/status/1775240712675635502\nShiba Inu, in particular, has emerged as a standout, not just outpacing its meme coin rivals but also surpassing Bitcoin in trading volume on the platform.\nSee also:X Launches Community Notes In India, Just In Time For Elections\nWhat to know:TheDogecoin(CRYPTO:DOGE)\xa0rival’s rise reflects a broader trend of meme coins gaining traction for their potential long-term value beyond speculative interest.\nThe SHIB team is working on plans to expand beyond its meme coin origins with innovations such as the DEX platform ShibaSwap and the layer-2 blockchain Shibarium, aiming to sustain the token’s growth amidst a generally positive sentiment in the meme coin ecosystem.\nDespite a recent dip in its price, SHIB remains a highly watched token. Over the last 24 hours, its trade volume fell 34% to $200.7 million, and its market position slipped to 12th, according to Coinmarketcap data. However, SHIB still boasts a 14% profit over the last 30 days, following an initial rally of over 200% in March.\nRead next:Tesla Scouts For Locations In India For A Proposed $2Bn-$3Bn Electric Car Plant\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleShiba Inu Outshines Bitcoin In India Amid Meme Coin Frenzy On Premier Domestic Platformoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin is experiencing price volatility with just over two weeks remaining before the digital asset is expected to undergo its "halving" event.\nBitcoin halving means the reward for mining bitcoin is cut in half. Halvings reduce the rate at which new coins are created and therefore lower the available amount of new supply. Bitcoin (BTC-USD) last halved on May 11, 2020, resulting in a block reward of 6.25 BTC. The next halving will bring the block reward down to 3.125 BTC.\nFrantic trading in the lead up to the event has driven up the price of bitcoin, with volatility over the past 24 hours causing the digital asset to fall to $65,000 (£51,340), before subsequently recovering to currently trade slightly above $66,000 (£52,130).\nRead more:Crypto live prices\nAlthough the forthcoming bitcoin halving is expected to decrease the supply of bitcoin, potentially resulting in price appreciation, recent market trends indicate that investors may be cashing in on profits ahead of the event. This was evidenced by a significant drop in bitcoin\'s price at the beginning of the week, plummeting from nearly $70,000 (£55,290) to slightly above the $65,000 threshold.\nPrice swings in the past 24 hours have caused over $42m in liquidations of leveraged bitcoin positions on cryptocurrency exchanges, according to Coinglassdata. Of these liquidations, the majority, around $26m, consisted of long positions.\nCoinGlassdatashows that in the overall cryptocurrency market there have been over $120m in long positions in the past 24 hours. This contributed to a total of $175m in total liquidations across major cryptocurrency exchanges.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nLiquidations tend to occur during volatile price swings, when prices rise or fall sharply. During these market conditions, there is either a rush to buy or sell.\nThe majority of liquidations in the past 24 hours were long positions held by traders who were anticipating the cryptocurrency\'s value to rise. However, due to the sudden market decline, they were forced to sell at a loss to minimise further losses.\nThe global cryptocurrency market today stands at $2.63tn, an increase of 0.3% in the past 24 hours. Bitcoin makes up 49.6% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.2%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, falling by 7% compared to bitcoin\'s 6% decrease. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards, falling by a more muted 1% in the past week.\nThe halving event is expected to take place mid-April. This will reduce the rate at which new bitcoins are produced and ultimately limiting the total supply of bitcoin, which may potentially increase its scarcity and influence its value.\nThis will be bitcoin\'s fourth halving, and according to Coinbase (COIN), it will happen sometime between 16 April and 22 April.\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nThe halving mechanism operates by reducing the rate at which new bitcoins enter circulation. During the halving, the block reward of the bitcoin network will decrease from 6.25 bitcoin to 3.125 bitcoin.\nBitcoin has a capped supply of 21 million tokens. To date, approximately 19 million tokens have been released and according to CoinGecko, the present bitcoin circulating supply is 19,672,875 BTC.\nFollowing the last halving on 11 May, 2020, bitcoin\'s price surged by approximately 12% in the subsequent week. Later in the year, bitcoin experienced a sharp rally, with various explanations offered, including loose monetary policy and retail investors spending excess cash on cryptocurrencies while staying at home.\nHowever, there was no concrete evidence suggesting that the halving was the primary catalyst for this, or any previous price increase.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin is experiencing price volatility with just over two weeks remaining before the digital asset is expected to undergo its "halving" event.\nBitcoin halving means the reward for mining bitcoin is cut in half. Halvings reduce the rate at which new coins are created and therefore lower the available amount of new supply. Bitcoin (BTC-USD) last halved on May 11, 2020, resulting in a block reward of 6.25 BTC. The next halving will bring the block reward down to 3.125 BTC.\nFrantic trading in the lead up to the event has driven up the price of bitcoin, with volatility over the past 24 hours causing the digital asset to fall to $65,000 (£51,340), before subsequently recovering to currently trade slightly above $66,000 (£52,130).\nRead more:Crypto live prices\nAlthough the forthcoming bitcoin halving is expected to decrease the supply of bitcoin, potentially resulting in price appreciation, recent market trends indicate that investors may be cashing in on profits ahead of the event. This was evidenced by a significant drop in bitcoin\'s price at the beginning of the week, plummeting from nearly $70,000 (£55,290) to slightly above the $65,000 threshold.\nPrice swings in the past 24 hours have caused over $42m in liquidations of leveraged bitcoin positions on cryptocurrency exchanges, according to Coinglassdata. Of these liquidations, the majority, around $26m, consisted of long positions.\nCoinGlassdatashows that in the overall cryptocurrency market there have been over $120m in long positions in the past 24 hours. This contributed to a total of $175m in total liquidations across major cryptocurrency exchanges.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nLiquidations tend to occur during volatile price swings, when prices rise or fall sharply. During these market conditions, there is either a rush to buy or sell.\nThe majority of liquidations in the past 24 hours were long positions held by traders who were anticipating the cryptocurrency\'s value to rise. However, due to the sudden market decline, they were forced to sell at a loss to minimise further losses.\nThe global cryptocurrency market today stands at $2.63tn, an increase of 0.3% in the past 24 hours. Bitcoin makes up 49.6% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.2%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, falling by 7% compared to bitcoin\'s 6% decrease. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards, falling by a more muted 1% in the past week.\nThe halving event is expected to take place mid-April. This will reduce the rate at which new bitcoins are produced and ultimately limiting the total supply of bitcoin, which may potentially increase its scarcity and influence its value.\nThis will be bitcoin\'s fourth halving, and according to Coinbase (COIN), it will happen sometime between 16 April and 22 April.\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nThe halving mechanism operates by reducing the rate at which new bitcoins enter circulation. During the halving, the block reward of the bitcoin network will decrease from 6.25 bitcoin to 3.125 bitcoin.\nBitcoin has a capped supply of 21 million tokens. To date, approximately 19 million tokens have been released and according to CoinGecko, the present bitcoin circulating supply is 19,672,875 BTC.\nFollowing the last halving on 11 May, 2020, bitcoin\'s price surged by approximately 12% in the subsequent week. Later in the year, bitcoin experienced a sharp rally, with various explanations offered, including loose monetary policy and retail investors spending excess cash on cryptocurrencies while staying at home.\nHowever, there was no concrete evidence suggesting that the halving was the primary catalyst for this, or any previous price increase.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'This past year was certainly an excellent one forMarathon Digital(NASDAQ:MARA) stock, which surged more than 300% asBitcoin(BTC-USD) went on an absolute tear. The move was expected because of bearish sentiment and the upcoming Bitcoin halving.\nThis halving was clearly overly-priced into this stock. However, investors are once again considering the effects on its balance sheet. MARA stock is now down on a year-to-date basis, as uncertainty looms around the company’s future profitability and cash flow profile. I still think those who are bullish on Bitcoin may want to consider MARA.\nMarathon released an impressiveQ4 2023 earning reportin February. This was a quarter to remember, as the company brought in a remarkable $156.8 million in revenue.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company also revealed it has mined over 4,242 BTCs in the past year, surpassing its 2022 record production. Efforts persist in enhancing the hash rate and mining capacity, which should further the company’s efforts moving forward (despite the halving event eliminating some of this benefit).\nThe company has continued to pile its record profit of more than $150 last year into capital improvements and positioning the company to be a leader in this space moving forward.\nMany investors may be losing sight of the fact that it’s going to be a race for market share in the crypto mining space. If Marathon Digital is able to offset lost revenue with greater overall share, and Bitcoin’s price rises materially from here, these sorts of record profit numbers have the potential to continue.\nThat’s a lot of ifs. But it’s true that Marathon Digital’s operations remain strong, and support the company’s current valuation.\nLast year, Marathon Digital operated roughly 210,000 crypto-mining rigs, generating more than $385 million in revenue as Bitcoin’s price continued to rise.\nOf course, Bitcoin’s price movements are going to remain the key focal point of investors and that’s largely outside of the company’s control.\nBut its recent investments in additional hash rate and mining capacity should allow the company to generate outsized production, partially offsetting the impact of halved rewards and a potential scenario where Bitcoin’s price flat-lines or moves lower.\nI’d have to say that Marathon’s valuation last year certainly got a little exuberant, to put things nicely. However, that was coming off of a 2022 bear market in crypto where no one wanted to own anything related to this sector. So, things have sort of round-tripped on the valuation front.\nIt’s my view that Marathon Digital’s current valuation is fair, and I’d consider the stock a buy (for those bullish on Bitcoin) and a hold for everyone else. I have no skin in the game regarding this stock. I just think that the market’s recent negative take on the Bitcoin miner may be overdone.\nWe’ll have to see if this take is the right one a year from now. But given Bitcoin’s recent dominance, I do think there are plenty of pathways higher for this overlooked crypto stock right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy Marathon Digital Stock Could Be the Best Way to Profit from the Bitcoin Hypeappeared first onInvestorPlace.', 'This past year was certainly an excellent one forMarathon Digital(NASDAQ:MARA) stock, which surged more than 300% asBitcoin(BTC-USD) went on an absolute tear. The move was expected because of bearish sentiment and the upcoming Bitcoin halving.\nThis halving was clearly overly-priced into this stock. However, investors are once again considering the effects on its balance sheet. MARA stock is now down on a year-to-date basis, as uncertainty looms around the company’s future profitability and cash flow profile. I still think those who are bullish on Bitcoin may want to consider MARA.\nMarathon released an impressiveQ4 2023 earning reportin February. This was a quarter to remember, as the company brought in a remarkable $156.8 million in revenue.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company also revealed it has mined over 4,242 BTCs in the past year, surpassing its 2022 record production. Efforts persist in enhancing the hash rate and mining capacity, which should further the company’s efforts moving forward (despite the halving event eliminating some of this benefit).\nThe company has continued to pile its record profit of more than $150 last year into capital improvements and positioning the company to be a leader in this space moving forward.\nMany investors may be losing sight of the fact that it’s going to be a race for market share in the crypto mining space. If Marathon Digital is able to offset lost revenue with greater overall share, and Bitcoin’s price rises materially from here, these sorts of record profit numbers have the potential to continue.\nThat’s a lot of ifs. But it’s true that Marathon Digital’s operations remain strong, and support the company’s current valuation.\nLast year, Marathon Digital operated roughly 210,000 crypto-mining rigs, generating more than $385 million in revenue as Bitcoin’s price continued to rise.\nOf course, Bitcoin’s price movements are going to remain the key focal point of investors and that’s largely outside of the company’s control.\nBut its recent investments in additional hash rate and mining capacity should allow the company to generate outsized production, partially offsetting the impact of halved rewards and a potential scenario where Bitcoin’s price flat-lines or moves lower.\nI’d have to say that Marathon’s valuation last year certainly got a little exuberant, to put things nicely. However, that was coming off of a 2022 bear market in crypto where no one wanted to own anything related to this sector. So, things have sort of round-tripped on the valuation front.\nIt’s my view that Marathon Digital’s current valuation is fair, and I’d consider the stock a buy (for those bullish on Bitcoin) and a hold for everyone else. I have no skin in the game regarding this stock. I just think that the market’s recent negative take on the Bitcoin miner may be overdone.\nWe’ll have to see if this take is the right one a year from now. But given Bitcoin’s recent dominance, I do think there are plenty of pathways higher for this overlooked crypto stock right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy Marathon Digital Stock Could Be the Best Way to Profit from the Bitcoin Hypeappeared first onInvestorPlace.', 'WhenBitcoin(CRYPTO: BTC)retreated from its new all-time high of $73,750 in mid-March, some investors panicked, thinking that the volatile cryptocurrency might fall well past the current $66,000 level. But seasoned crypto investors held the line, seeing this as yet anotherbuy the dipopportunity for Bitcoin.\nAnd, indeed, as we head into April, the price of Bitcoin has stabilized. This shows yet again that temporary price corrections are no reason to abandon Bitcoin. So the next time Bitcoin takes a plunge, keep this in mind. Time and time again, the buy-the-dip strategy has worked out for Bitcoin investors.\nInvestors refer to Bitcoin as avolatile asset, and the recent situation is exactly what they have in mind. Some might assume that Bitcoin has been on a relatively straight upward trajectory during the past five years, but nothing could be further from the truth.\nDue to its historically high levels of volatility, Bitcoin has always been prone to sharp upswings and downswings. Parabolic moves to the upside are sometimes followed by dizzying downturns, and both can sometimes occur with incredible quickness.\nInvestors new to Bitcoin may find this type of extreme volatility a bit jarring. This could be why some investors are unwilling to buy the dip -- they simply aren\'t prepared for these types of price swings.\nBut as legendary Bitcoin bull Michael Saylor recently pointed out, "Volatility is vitality." From this perspective, volatility is the price to be paid for Bitcoin\'s rapid upside potential and one of the key reasons many investors consider the crypto to be so valuable. This volatility is what gives Bitcoin the possibility for high returns.\nThe good news for risk-averse investors is that Bitcoin\'s volatility appears to be decreasing over time. As the above chart from TradingView shows, daily price moves are becoming less dramatic than just a few years ago. And that means future dips should be less jarring than the one that just took place.\nFor much of this year, Bitcoin\'s sharp price appreciation has been driven primarily by one catalyst: the introduction of the new spot Bitcoin exchange-traded funds (ETFs) in January. By opening up Bitcoin investing to all retail and institutional investors, these ETFs immediately resulted in a huge influx of new investor money into the cryptocurrency.\nFor two months, this influx of new money continued nearly unabated. On some days, more than $1 billion in new money flowed into Bitcoin. But with the latest price correction, investors started to see a net outflow for the first time since January, and that weighed heavily on the crypto\'s price.\nThe good news is that a new catalyst for continued price appreciation is coming soon. The Bitcoin halving, in which the mining rewards paid out to Bitcoin miners are slashed in half, is now scheduled for April 20. As a result, buying the dip throughout 2024 should not be as daunting, given that many believe the April halving could lead to the next big rally in the cryptocurrency\'s price.\nThere have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each has led to a new all-time high for the crypto. The 2020 halving, for example, eventually led to Bitcoin soaring as high as $69,000, its previous record before the rally last month. So hopes are naturally high that the impending halving will have the same impact. With that in mind, now is no time to sell when a new catalyst is so tantalizingly close.\nIt\'s important to maintain a long-term outlook for Bitcoin so you won\'t be distracted by short-term swings in price. This long-term outlook includes mainstream adoption of Bitcoin by investors, a growing number of use cases for Bitcoin, and an increasingly prominent role for the crypto in the global economy. That long-term outlook is the secret to the buy-the-dip strategy.\nCathie Wood of Ark Invest recently doubled down on her $1.5 million price prediction for Bitcoin, and a big reason for this was the crypto\'s long-term outlook. She is not focused on short-term market fluctuations. For her, Bitcoin remains a "financial superhighway" capable of becoming a major part of the global financial system, especially in emerging markets.\nBut keep in mind that the path to $1.5 million is unlikely to be gently sloping upward. There will be hills and valleys along the way. Some of those hills will look like insurmountable mountains, and you might question how Bitcoin is going to possibly climb higher. That\'s when the volatility you\'ve been worrying about now is going to become the rocket fuel needed for Bitcoin to soar higher. So if you\'re thinking of abandoning this crypto now, stop worrying and learn to buy the dip.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould Investors Be Worried About Another Dip in Price for Bitcoin?was originally published by The Motley Fool', 'WhenBitcoin(CRYPTO: BTC)retreated from its new all-time high of $73,750 in mid-March, some investors panicked, thinking that the volatile cryptocurrency might fall well past the current $66,000 level. But seasoned crypto investors held the line, seeing this as yet anotherbuy the dipopportunity for Bitcoin.\nAnd, indeed, as we head into April, the price of Bitcoin has stabilized. This shows yet again that temporary price corrections are no reason to abandon Bitcoin. So the next time Bitcoin takes a plunge, keep this in mind. Time and time again, the buy-the-dip strategy has worked out for Bitcoin investors.\nInvestors refer to Bitcoin as avolatile asset, and the recent situation is exactly what they have in mind. Some might assume that Bitcoin has been on a relatively straight upward trajectory during the past five years, but nothing could be further from the truth.\nDue to its historically high levels of volatility, Bitcoin has always been prone to sharp upswings and downswings. Parabolic moves to the upside are sometimes followed by dizzying downturns, and both can sometimes occur with incredible quickness.\nInvestors new to Bitcoin may find this type of extreme volatility a bit jarring. This could be why some investors are unwilling to buy the dip -- they simply aren\'t prepared for these types of price swings.\nBut as legendary Bitcoin bull Michael Saylor recently pointed out, "Volatility is vitality." From this perspective, volatility is the price to be paid for Bitcoin\'s rapid upside potential and one of the key reasons many investors consider the crypto to be so valuable. This volatility is what gives Bitcoin the possibility for high returns.\nThe good news for risk-averse investors is that Bitcoin\'s volatility appears to be decreasing over time. As the above chart from TradingView shows, daily price moves are becoming less dramatic than just a few years ago. And that means future dips should be less jarring than the one that just took place.\nFor much of this year, Bitcoin\'s sharp price appreciation has been driven primarily by one catalyst: the introduction of the new spot Bitcoin exchange-traded funds (ETFs) in January. By opening up Bitcoin investing to all retail and institutional investors, these ETFs immediately resulted in a huge influx of new investor money into the cryptocurrency.\nFor two months, this influx of new money continued nearly unabated. On some days, more than $1 billion in new money flowed into Bitcoin. But with the latest price correction, investors started to see a net outflow for the first time since January, and that weighed heavily on the crypto\'s price.\nThe good news is that a new catalyst for continued price appreciation is coming soon. The Bitcoin halving, in which the mining rewards paid out to Bitcoin miners are slashed in half, is now scheduled for April 20. As a result, buying the dip throughout 2024 should not be as daunting, given that many believe the April halving could lead to the next big rally in the cryptocurrency\'s price.\nThere have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each has led to a new all-time high for the crypto. The 2020 halving, for example, eventually led to Bitcoin soaring as high as $69,000, its previous record before the rally last month. So hopes are naturally high that the impending halving will have the same impact. With that in mind, now is no time to sell when a new catalyst is so tantalizingly close.\nIt\'s important to maintain a long-term outlook for Bitcoin so you won\'t be distracted by short-term swings in price. This long-term outlook includes mainstream adoption of Bitcoin by investors, a growing number of use cases for Bitcoin, and an increasingly prominent role for the crypto in the global economy. That long-term outlook is the secret to the buy-the-dip strategy.\nCathie Wood of Ark Invest recently doubled down on her $1.5 million price prediction for Bitcoin, and a big reason for this was the crypto\'s long-term outlook. She is not focused on short-term market fluctuations. For her, Bitcoin remains a "financial superhighway" capable of becoming a major part of the global financial system, especially in emerging markets.\nBut keep in mind that the path to $1.5 million is unlikely to be gently sloping upward. There will be hills and valleys along the way. Some Last 60 Days of Bitcoin's Closing Prices: [42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-04 Financial & Commodity Data: - Gold Closing Price: $2288.80 - Crude Oil Closing Price: $86.59 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,300,892,251,838 - Hash Rate: 570252632.2758324 - Transaction Count: 320607.0 - Unique Addresses: 655509.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Wall Street closed the trading session on a high note Tuesday, as investors braced for the results of a crucial Federal Reserve policy meeting. The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses to close at a fresh record high of 5,178.51. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.8%, or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground in the wake ofAI updatesfrom its annual developer conference. The gains capped a second-straightwinning day for the major gauges. Attention is firmly on theFed's two-day meetingthat began Tuesday morning, seen as a test forstocks bruisedby recentinflation surprisesthat undermined bets on interest-rate cuts coming soon. With policymakers widely expected to keep rates at their historic highs, thefocus is on the "dot plot"for any clues to the number and timing of any cuts this year. The central bank's policy decision is due Wednesday at 2 p.m. ET. Meanwhile, the Bank of Japanended its era of negative rateswith its first hike in 17 years, making a splash in a weekpacked with central bank decisions. In cryptocurrencies, bitcoin (BTC-USD) continued to pull back from its recent record high,falling over 5%at one point. Shares of crypto-linked companies Coinbase (COIN) and Marathon Digital (MARA) lost ground alongside the token. On the corporate front, shares of Unilever (UL) popped after the Ben & Jerry's maker said it would cut jobs andspin off its ice cream unit. • Tue, March 19, 2024 at 8:05 PM UTCHamza ShabanStocks rise ahead of Fed decisionInvestors shed earlier losses and embraced optimism on Tuesday as Wall Street prepared for the Federal Reserve's next policy announcement scheduled for Wednesday afternoon.The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.8% or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground after the company announced its new flagship AI processor is expected to shiplater this year. • Tue, March 19, 2024 at 7:15 PM UTCHamza ShabanMicrosoft hires DeepMind founder to lead new AI shiftThe race for AI market share is also playing out in the hiring of key experts.Microsoft announced on Tuesdaythat DeepMind co-founder Mustafa Suleyman is joining the tech giant to form a new organization called Microsoft AI, focused on advancing Copilot and other consumer AI products and research. Several employees from Suleyman's AI startup Inflection are also heading over to Microsoft, as well as Karén Simonyan, co-founder and chief scientist.Suleyman will serve as CEO of the new group, said Microsoft CEO Satya Nadella. In addition, the company's existing AI units will report to Suleyman, bringing the groups that run Copilot, Bing, and Edge, as well as Microsoft's GenAI team, into the same organization."These teams are at the vanguard of innovation at Microsoft, bringing a new entrant energy and ethos, to a changing consumer product landscape driven by the AI platform shift," Nadella said in a note to employees that was published on the company's blog.The move comes as tech giants are scrambling to advance their AI efforts through new products, research efforts, and partnerships.Microsoft's hiring announcement arrivesamid reportsthat Apple (AAPL) is in talks with Alphabet's Google (GOOG,GOOGL)to potentially incorporate Google's "Gemini" generative AI engine into its iPhones.Apple had previously engaged in talks with OpenAI for a similar potential partnership.In the note to staff, Nadella said the company's AI innovation continues to build on its "most strategic and important partnership with OpenAI." • Tue, March 19, 2024 at 6:30 PM UTCHamza ShabanThe effort to ban TikTok faces potential 'graveyard' in SenateAfter aHouse voteto advance legislation that would force TikTok’s Chinese owner to sell the app or face a US ban, the Senate now stands as the next hurdle in Congress's fight against the platform.But asYahoo Finance's Ben Werschkul reports, the Senate often becomes a key stumbling block in Washington's efforts to confront Big Tech.A possible ban of the popular social media app is atop the Senate’s agenda as lawmakers return to the nation's capital this week.While bipartisan energy behind any effort to take on China could overwhelm efforts to slow the bill, there are also significant legal issues that senators may not be keen to overlook.What's more, the Senate in past years has served as a flashing red light to other technology reforms that found bipartisan enthusiasm in the House, including data privacy efforts and a move to prohibit tech giants from favoring their own products. • Tue, March 19, 2024 at 5:48 PM UTCJosh SchaferMore investors see the possibility of a 'no landing' scenarioWhile marketshave scaled backprojections for interest rate cuts this year— andcould possibly price in even fewer cutsafter the Federal Reserve provides its latest update on monetary policy Tuesday — investors still see the same ending to the Fed's rate hiking cycle.In Bank of America's March Global Fund Manager Survey, 62% of respondents said the most likely outcome for the global economy is a "soft landing." Typically, this would mean inflation retreats to the long-term target range without an outright economic downturn.Notably, the 62% projecting a soft landing is lowest level of conviction seen since October (the most recent bottom in US equity markets). But, as seen in the chart below, this isn't because more investors fear a "hard landing," which would bring recession.Instead, anincreasing amount of investorssee the possibility for a "no landing" scenario, where the economy sees both above-trend economic growth and above-trend inflation.This reflectsthe new growing consensusthat any expectations for an economic downturn have gone by the wayside. This, stock market bulls have argued, is the key takeaway on the shifting economic story to start 2024."What really counts is this resilience that we're seeing in consumer and business and in terms of the jobs numbers," Oppenheimer chief investment strategist John Stoltzfustold Yahoo Finance Live. • Tue, March 19, 2024 at 5:15 PM UTCHamza ShabanStocks trending in afternoon tradingHere are some of the stocks leading Yahoo Finance’strending tickerspage during afternoon trading on Tuesday:Nordstrom (JWM): Shares of the retailer jumped more than 11% Tuesday afterReuters reportedthe company's founding family is seeking to take the US department store private, citing people familiar with the matter.Advanced Micro Devices (AMD):The semiconductor company fell more than 5% in afternoon trading, joining other chip stocks that fell after AI leader Nvidia (NVDA) held its developers conference.Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice-\ cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Super Micro Computer (SMCI):Shares of the server manufacturer sank 9% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 4:31 PM UTCHamza ShabanStocks turn positive in afternoon tradingInvestors shifted directions Tuesday afternoon and sent all three major indexes into green territory as Wall Street braced for the Fed's press conference Wednesday and the next indication of where interest rate policy is headed.The S&P 500 (^GSPC) rose 0.2%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.6% or more than 200 points, coming off awinning day for the major gauges. The tech-heavy Nasdaq Composite (^IXIC) climbed just over the flatline after trading in the red earlier in the day. • Tue, March 19, 2024 at 3:45 PM UTCHamza ShabanJapan ends era of negative ratesThe world's last remaining negative interest wait is no more after the Bank of Japan, the final major holdout,put an end to an aggressive monetary stimulus programdesigned to pull the economy out of a slump.Japan's central bank on Tuesday ended its negative policy rate of minus 0.1% and replaced it with a target range of 0.0-0.1%. The hike, the first in 17 years,marks an end of an erain which major central banks engaged in an unconventional experiment in the aftermath of the global financial crisis to fuel growth.The long-held interest rate policy, along with other measures to inject money into the economy, “have fulfilled their roles,”said Bank of Japan Gov. Kazuo Ueda.In contrast to the US Federal Reserve, which is expected to begin lowering rates this summer after years of fighting off historic levels of inflation, Japan's central bank has been wrestling with a different problem: the need for growth. Japan suppressed borrowing costs to encourage consumers and businesses to spend, giving the economy a much-needed boost. Inflation has exceeded the Bank of Japan's 2% target for more than a year.Media reports earlier this week indicated the move was coming, muting the impact on the market Tuesday. Tokyo's benchmark Nikkei 225 index gained close to 0.7% on Tuesday while the dollar held at about 150 yen. • Tue, March 19, 2024 at 3:00 PM UTCHamza ShabanHow the realtor settlement could hurt homebuyersThe major realtor lawsuit settlement that may free home sellers from heavy commissions could have a negative impact on a group already beleaguered with higher interest rates and elevated home pricers.Homebuyers, squeezed by lack of inventory, could soon be on the hook for paying agent commissions,reports Yahoo Finance's Rebecca Chen.Under the longstanding system, homeowners looking to list their property are typically liable for both seller and buyer commissions. They sign a contract specifying the percentage of the commission split — traditionally each party takes 3%. But if the settlement is approved by a federal judge, the long-standing standard 6% commission would be eliminated and buyers would be responsible for their own agent compensation.Under the new model buyers would have to come up with the money to pay their agent on top of shelling out a down payment, financing, and closing costs.Experts also doubt that the settlement will push home prices downward since economic factors like supply and demand are what’s keeping homes expensive. And asYahoo Finance's Myles Udland writes, the Fed's crude interest rate policy lever isn't designed to cope with housing affordability either. • Tue, March 19, 2024 at 2:15 PM UTCHamza ShabanTrending tickers in morning tradingHere are some of the leaders of Yahoo Finance’strending tickerspage during morning trading on Tuesday:Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Bitcoin (BTC-USD):The dominant cryptocurrency is on track to suffer itsbiggest daily drop in two weeksas investors continue to flee from the token after it recently hit an-all time high. Bitcoin was changing hands at $63,000, a fall of about 7%.Nvidia (NVDA):Fresh off its annual developers conference, the AI darling lost 3% after it unveiledits latest AI chip, which it said is up to 30 times speedier than its predecessor.Super Micro Computer (SMCI):Shares of the server manufacturer sank 11% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 1:34 PM UTCHamza ShabanStocks slide before Fed meetingWall Street pulled back some as Federal Reserve officials began their two-day huddle to decide their next move on interest rate policy.The S&P 500 (^GSPC) slid roughly 0.2%, while the Dow Jones Industrial Average (^DJI) rose above the flatline, coming offa win on Monday for the major indexes. The tech-heavy Nasdaq Composite (^IXIC) dropped about 0.5% as AI darling Nvidia (NVDA) retreated after sharingAI updatesfrom its annual developer conference. • Tue, March 19, 2024 at 12:30 PM UTCBrian SozziThe bottom line on NvidiaNvidia's (NVDA) stock didn't do too much on day one of itsGTC conferencedespite an impressive array of new product introductions.But that doesn't mean what the company unveiled was disappointing — quite the contrary! I actually think everything CEO Jensen Huang showed off is so complex, it could take a few days for investors to digest and assess if the stock warrants another push higher.Wall Street was pleased with what they heard.Here's what JPMorgan analyst Harlan Sur had to say:"Overall, the team is further distancing itself with its aggressive cadence of new product launches and more product segmentation over time. With leading silicon (GPU/DPU/CPU), hardware/software platforms, and a strong ecosystem, Nvidia is well positioned to continue to benefit from major secular trends in AI, high-performance computing, gaming, and autonomous vehicles, in our view.Bottom line: NVIDIA continues to be 1-2 steps ahead of its competitors." • Tue, March 19, 2024 at 12:15 PM UTCBrian SozziThe AI stock bubble... or notAs Nvidia's (NVDA) GTCconferencecontinues out on the West Coast, it feels natural for BofA's new fund manager survey out today to weigh into the AI stock bubble debate.The end result: Institutional investors have no clue if this is a bubble!... - Reddit Posts (Sample): [['u/SuperSynapse', 'BTC has been retesting ATH continually and will likely break above at some point. Best we can do is test 90% down from ATH on Algorand? Am I missing something?', 41, '2024-04-04 00:28', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', "I'm continually disappointed by Algorand's performance. We have an awesome chain, world leading tech, but a struggling ecosystem, struggling adoption, struggling devs... What gives? \n\n\nI get bad decisions were made in the past, but what do we have to look forward to in the future?", 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', '1bv6f2f', [['u/ProfessorAlchemyPay', 20, '2024-04-04 00:41', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxeo88/', 'I hear you. Nothing seems to move the needle. Not sure what it’s going to take to have our breakout moment. And still, I hold…', '1bv6f2f'], ['u/nattewindjes', 12, '2024-04-04 00:45', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxfc2t/', "Algorand is too good for it not to move up, but I'm afraid it's just going to take time. I've lost quite money on it, but I'm just going to hold. :)", '1bv6f2f'], ['u/FluffyNight9930', 42, '2024-04-04 00:46', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxffmu/', 'We 3Xd from the bottom which is nice. Seems like all alts are pretty much holding steady in a similar fashion right now. You’re being dramatic imo and if you’ve been paying attention at all, you’re aware of the road map as well as growing use cases.', '1bv6f2f'], ['u/awesomedash-', 19, '2024-04-04 01:10', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxjcwk/', "Watch ALGO/BTC. It hasn't gone below 350-360 Satoshi recently even when the whole market was weaker which typically means relatively weaker altcoins. There are not that many sellers except the market maker and AT/AF. It doesn't take that much to push the price down or up because of relatively low liquidity in order books. Based on what I'm seeing the price doesn't tell the truth. There is a big accumulation going on. A good strategy is to focus on the adoption (chaintrail.io/dapps, chaintrail.io/rwa) and DCA when price dips.", '1bv6f2f'], ['u/daleDentin23', 12, '2024-04-04 01:16', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxkdlk/', "Buy more that's what I'm doing. As far as stroking your money ego look at usage by number of wallets. At least 1 of the programs are showing algo in top 5 granted that same one has tron as #1 which made me question the data. But regardless as it stands algorand eco system are showing great signs of stability and scale", '1bv6f2f'], ['u/Accomplished_Fact364', 12, '2024-04-04 01:21', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxl8rl/', 'Well...in 6 months we are gonna hear "man I wish I could\'ve gotten in at $0.20-$0.25\n\nCreate a thesis and stick with it. Revise it as things change FUNDAMENTALLY not based on the next sol casino pump.', '1bv6f2f'], ['u/Certain_Cranberry_77', 10, '2024-04-04 01:37', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxnu26/', '60 th in MC. Its going backwards. Yes, you are missing something. You are missing gains. You are missing the moon.', '1bv6f2f'], ['u/T-Shurts', 54, '2024-04-04 01:39', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxo66h/', 'Does everyone forget that this is a new industry and the REAL money will be made when there’s true adoption and use? \n\nAlgorand is ACTUALLY used, even before the rest of the projects out there. It’s not theoretical, it’s no niche (Defi, gaming, nft, etc) type tech. \n\nInstitutional interest is just now happening. With Algorand being actively used by global corporations, it’s setting itself up to EXPLODE long term. \n\nI’m here for the roller coaster ride, and eventual take off. Be patient my fellow Algonaugt. It will have its day.', '1bv6f2f'], ['u/GhostOfMcAfee', 50, '2024-04-04 02:29', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxw4vd/', 'Maybe, just maybe, it\'s because people post shit like this FUDing their own bags on a day when the news preceding it was :\n\na) ICP and Algorand interoperability unlocked\n\nb) Huge boosts in on chain traffic from an cross chain DEX\n\nc) Wormhole token airdrop is ongoing\n\nd) CompX token drop coming soon \n\ne) Top 5 in daily active addresses\n\n\n\nThere is a fundamental attitude problem with a lot of people who just hold the Algorand coin and little else. There are far too many people with a sour ass attitude who do nothing, expect everything handed to them, don\'t participate in the ecosystem in any way, lament lack of liquidity but won\'t provide any, want stuff but don\'t want to pay for it, cry about the foundation but probably don\'t have an account on the Forum much less participate there, and don\'t involve themselves in anything other than collecting rewards every 3 months and yet never fail to miss a chance to go "boohoo why isn\'t anyone buying my bags."\n\n\n\nForgive my harsh tone, but seriously, what do you think you are accomplishing here with this pity party?', '1bv6f2f'], ['u/hypercosm_dot_net', 11, '2024-04-04 04:00', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxyaasy/', "Well said. People watching solely short term price aren't paying attention to any of that. \n\nThese type of posts are where all the 'dead chain' folks come to post, because they don't know any of the growth or usage happening.", '1bv6f2f']]], ['u/badspendinghabit', 'What is “BTC” referring to in this title for the IVV etf?', 10, '2024-04-04 00:48', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/', 'A lot of etfs on Wealthsimple have “Btc” listed with the name but when you go to underlying ETF, such as IVV, it has nothing to do with Bitcoin and instead tracks the S&P 500?', 'https://i.redd.it/wa9si9tkfcsc1.jpeg', '1bv6w25', [['u/rmcintyrm', 16, '2024-04-04 01:50', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/kxxpyz9/', "I've wondered this too OP and it's basically not Google-able with the prevalence of Bitcoin. Chat GPT seems to have figured it out though!\n\nhttps://preview.redd.it/erg580aqqcsc1.png?width=863&format=pjpg&auto=webp&s=904391c8cda31e9a3f7d5242723f7b363ee24c07", '1bv6w25']]], ['u/Kingcoreythefirst', 'Halving complete. Enter Accumulation Period', 31, '2024-04-04 01:15', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', 'The next few months you should be doing nothing other than acquiring as many BCH & BTC as possible . This period will be followed by a parabolic run 🚀 peaking in 2025.', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', '1bv7jz6', [['u/Kingcoreythefirst', 10, '2024-04-04 01:19', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkudg/', 'I’ve been doing the same thing since 2013 it’s a rinse and repeat cycle every 4 years 2012-2013 , 2016-2017 2020-2021 … 2024-2025 .The charts never lie. Following the halving you have a sideways period for a few months before supply shock kicks in and media frenzy and you get the parabolic run.', '1bv7jz6'], ['u/Kingcoreythefirst', 10, '2024-04-04 01:20', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkzwe/', 'It’s more of a sideways movement could be slight increase or decrease. But nothing major . And then BOOM you’re on mars', '1bv7jz6']]], ['u/Holster72', 'The government is paying for my Bitcoin', 303, '2024-04-04 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/', 'First VA checks started rolling. Appreciate it Uncle Sam!\n\nI know I shorted myself, I’ll make it up next time.\n\nAlso, check picture is edited, then screen shot and colored on again, so no scamming me.', 'https://www.reddit.com/gallery/1bv8ug8', '1bv8ug8', [['u/SmoothGoing', 19, '2024-04-04 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwfxo/', 'Gov does not have its own money, so..', '1bv8ug8'], ['u/FatterWildcatter', 29, '2024-04-04 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwwa5/', 'Thank you for your service.', '1bv8ug8'], ['u/Holster72', 14, '2024-04-04 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxx4ee/', 'Well they are going to steal from us and print more anyway, so I might as well steal it back. Even though it’s not stealing, just getting back what they owe me. Contracts go both ways, I did my part, time for them to do theirs.', '1bv8ug8'], ['u/danielllegover', 10, '2024-04-04 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxxmjw/', 'I think you should blur out your account and routing number as well', '1bv8ug8'], ['u/1quickmr', 91, '2024-04-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxybiz/', 'Shitcoin for a Bitcoin', '1bv8ug8'], ['u/Holster72', 24, '2024-04-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxz27x/', 'Bars', '1bv8ug8']]], ['u/Grouchy_Phase_3875', 'How to access my brother’s portfolio?', 48, '2024-04-04 02:16', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/', "My brother recently passed away (unexpected) and he had about 15 million dollars in stocks, ETF, bitcoin. He had a vanguard account in which he used it to invest. The thing is, he didn’t have a will before he passed away and he didn't have any significant others. My parents could use that money to pay for his funeral, pay for my sisters college and maybe early retirement. I’m not into investing, so any advice would help.\n\nThank you.", 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/', '1bv90ki', [['u/gnusm', 233, '2024-04-04 02:21', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxuswm/', 'You should contact a probate lawyer.', '1bv90ki'], ['u/DarthSagacious', 155, '2024-04-04 02:27', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxvrmq/', 'You say he has no will, but he may have named beneficiaries to his account at Vanguard. That would make it easier and you could start the process with a death certificate. If not, you’ll have to go through the legal processes to work out who has access to the funds.', '1bv90ki'], ['u/McKnuckle_Brewery', 67, '2024-04-04 02:27', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxvw2h/', 'His accounts at Vanguard may have beneficiaries directly assigned. If so, that takes precedence over a will. Notify Vanguard and have the death certificate in hand.\n\nIf there is no beneficiary and no will, hire a lawyer and get ready to endure the probate process.', '1bv90ki'], ['u/YOUR_TRIGGER', 26, '2024-04-04 02:36', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxx8ne/', "you really gotta get a lawyer. beneficiaries may not have been assigned. if you're directly related a lawyer can probably navigate this, especially if the deceased parents are still alive.", '1bv90ki'], ['u/Realistic-Minute5016', 112, '2024-04-04 02:50', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxzk5c/', "If he didn't have his bitcoin in an exchange or write down his seed password somewhere it's basically gone forever.", '1bv90ki'], ['u/InitechSecurity', 10, '2024-04-04 02:55', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxy091j/', 'Sorry for your loss. Please also read this: [https://investor.vanguard.com/inheriting-accounts](https://investor.vanguard.com/inheriting-accounts)', '1bv90ki'], ['u/in_the_gloaming', 20, '2024-04-04 07:49', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxz2sia/', 'Oh man. That would suck.', '1bv90ki'], ['u/Valvador', 36, '2024-04-04 08:03', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxz41c5/', 'I wonder what % of all Bitcoin will be lost to the ether from lost wallets over time...', '1bv90ki'], ['u/clumzee92', 14, '2024-04-04 09:17', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzaiiv/', "I'm 1 of those guys. Tossed away mine with 4.7 bitcoin back in 2017....good times....", '1bv90ki'], ['u/maayven69', 68, '2024-04-04 11:01', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzizbn/', 'Elephant in the room but - is no one going to ask about how a 21 year old had 15 million dollars?', '1bv90ki'], ['u/campionesidd', 45, '2024-04-04 11:46', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzmqv2/', 'Tempted to call BS on this post, but why would someone lie about such a thing.', '1bv90ki'], ['u/CivicIsMyCar', 37, '2024-04-04 14:26', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky043e0/', "and the latest update from the OP was that he was somehow able to get all of his brother's passwords on his laptop. Fuck out of here. A 21 year old with 15 million dollars and all his passwords can somehow be accessed.", '1bv90ki'], ['u/Kolada', 12, '2024-04-04 14:40', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky05xva/', "Especially if his family doesn't have money.", '1bv90ki'], ['u/Scapergirl', 10, '2024-04-04 17:36', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky0yhhk/', 'He was in primary school when BTC was cheap', '1bv90ki'], ['u/Merax75', 11, '2024-04-04 17:57', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky12dal/', 'The bit that got me is where he said the laptop also contained his security question answers. There is no 21 year old on the planet who will have a file calle "security question answers" lol', '1bv90ki']]], ['u/yoletstalkcrypto', "I'm further trying to uncover the value of RGB++ to help other in simple terms", 51, '2024-04-04 03:01', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/', '1. Examples of RGB++ Assets: \n\n\n* Let’s say you have 1 BTC (Bitcoin) in your wallet. You can “lock” it on Bitcoin’s chain and create a corresponding shadow coin on Nervos CKB. This shadow coin represents your BTC.\n* Now, you can use this shadow BTC on Nervos CKB for various purposes:\n * Trade it for other assets.\n * Use it in decentralized applications (DApps) or smart contracts.\n * Enjoy faster and cheaper transactions.\n* When you’re done, you can “unlock” your BTC back on Bitcoin’s chain, and the shadow coin disappears.\n\nIn summary, RGB++ is like a secret passage that lets you move your assets between Bitcoin and Nervos CKB without any hassle. It’s crypto magic! \n\n', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/', '1bva18a', [['u/B1GCloud', 13, '2024-04-04 03:28', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/kxy5g8p/', 'Interoperability with the OG blockchain. Exciting times on CKB', '1bva18a']]], ['u/Brazzyxo2', 'BCH up more than BTC', 55, '2024-04-04 04:36', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/', 'Bitcoin Cash (BCH) up over 380% in a year\n\nBitcoin (BTC) up over 135% in a year\n\nBitcoin cash just completed halving and was up over 400% YTD when it sat at $700 per coin the other day.\n\nWe are early and I’m not selling! Also I’m not buying Bitcoin I’m buying Bitcoin cash!!!', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/', '1bvc2uv', [['u/SoulMechanic', 29, '2024-04-04 06:16', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxyswaz/', 'People in poor countries can use BCH. Word must be getting out.', '1bvc2uv'], ['u/BCHisFuture', 16, '2024-04-04 06:37', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxyv9mk/', 'Just the beginning...', '1bvc2uv'], ['u/pyalot', 11, '2024-04-04 07:22', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxz03l3/', 'Because more sellsthan buys.', '1bvc2uv'], ['u/Brazzyxo2', 11, '2024-04-04 07:43', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxz24qw/', 'Name checks out', '1bvc2uv']]], ['u/Fe_ldip', 'How do you intend to access the value of your Bitcoin in the future?', 20, '2024-04-04 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/', 'Stacking sats is all well and good, but at some point I’m guessing everyone has a strategy to access the potential capital/wealth/value they’ll have accrued over the years. What’s yours?\n\nAs far as I can tell, there are only a few ways to do this:\n\n- Bitcoin backed loans with multisig collaborative custody, giving you access to Fiat without selling your Bitcoin. Comes with a security trade-off of course.\n\n- Sell a portion of your Bitcoin and cop the capital gains tax (depending on your jurisdiction).\n\n- Wait for Bitcoin to potentially become the global base currency and/or legal tender in your country, and use it as your everyday currency (assuming this won’t be subject to CGT at that point?)\n\n- Never intend to sell or access the value (unless an emergency) because you prefer the feeling of being “wealthy” / “financially stable”\n\n- Any other strategies I’m missing?\n\nWould love to hear your thoughts!', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/', '1bvc5oe', [['u/Alarming-Strain-9821', 14, '2024-04-04 05:41', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/kxyoksk/', 'Trade it in for a house is my goal', '1bvc5oe'], ['u/TheSmegger', 11, '2024-04-04 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/kxyqigl/', "I mined mine, many moons ago and then promptly forgot.\n\nI've taken profit every year, for the past four, to go on holidays. Really good holidays. \n\nWife veeery happy. Me too.\n\nWhat's interesting, and bloody awesome, is everytime I've 'cashed out' it's been less btc and more cash. \n\nI give less and get more. It's almost as if it's anti inflationary...\n\nIf this keeps up, and I see no reason why not, I'll never run out of btc, and that gives me the warm and fuzzies.\n\nIf your going to take anything away from this, Let it be a reminder to live your lives, people. We're here today and gone tomorrow.", '1bvc5oe']]], ['u/AvenueBlue', 'Is Bitcoin a hedge against market crashes?', 50, '2024-04-04 05:29', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/', "I've heard that Bitcoin is a hedge against inflation, but what about if the US stock market crashes? The US stock market has wide reaching global effects, and especially with all these firms buying up Bitcoin. If we see a stock market crash, how might that effect Bitcoin?", 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/', '1bvd5rc', [['u/AlternativeGazelle', 58, '2024-04-04 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyo1e8/', 'No. Look at March 2022.', '1bvd5rc'], ['u/ResponsibilitySea327', 39, '2024-04-04 05:38', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyo5ug/', 'You were lied to. We are still below where we were in 2021 adjusting for inflation. And as a risk-on asset, BTC falls with the US stock market -- actually much harder.\n\nIt may be different in the distant future, but for now and historically, BTC is 1) not a hedge for inflation and 2) not a hedge against market crashes.', '1bvd5rc'], ['u/User673412', 42, '2024-04-04 05:54', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyq760/', 'Not yet. It would likely need to 10x before it truly becomes the “safe haven” asset it’s meant to be.', '1bvd5rc'], ['u/Lunz92', 10, '2024-04-04 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyss5i/', "I don't think there's ever been a 4 year period where btc has not massively outpaced inflation", '1bvd5rc'], ['u/OttoBetz', 14, '2024-04-04 07:01', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyxxg8/', 'I disagree on the inflation part. In the long run it definitely is a hedge for inflation. Look at any aggregate returns charts for the past 10 years. \n10 years mean annual returns is 156%\n5 years mean annual returns is 104% \nYes it is a hedge against inflation in the long term.', '1bvd5rc'], ['u/aimoony', 11, '2024-04-04 07:13', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyz813/', "Gold also doesn't always respond to CPI but that doesn't mean it's not a hedge", '1bvd5rc'], ['u/sambstone13', 11, '2024-04-04 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz39kh/', 'Market goes down, bitcoin goes down much harder.\n\nMarket goes up, bitcoin goes up much harder.', '1bvd5rc'], ['u/Lulz4Lolz', 11, '2024-04-04 08:17', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz5dke/', 'It is a hedge against bank crashes though. Look at March 2023.', '1bvd5rc'], ['u/Tandittor', 12, '2024-04-04 08:47', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz7zwl/', 'It sold off during the 2023 banking crisis and only started rallying when the Fed established the BTFP during that weekend.', '1bvd5rc']]], ['u/greyenlightenment', 'If you bought Bitcoin 3 years ago to this day, you made $0.', 384, '2024-04-04 05:44', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/', 'Yes, despite endless hype about getting rich and a new economic paradigm, you made $0 from April 4th 2021 to today. Including inflation, you are down 15%. \n\nThis lags everything: gold, stocks, treasury bills, even compounded interest in a savings account.', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/', '1bvdgg0', [['u/henrik_se', 161, '2024-04-04 06:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyr78q/', '...assuming you could actually withdraw the money without the exchange doing a rugpull, without getting hacked, and without any weird fees you would get charge along the way.', '1bvdgg0'], ['u/i-can-sleep-for-days', 132, '2024-04-04 06:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyr7j2/', 'Zoom out. /s\n\nStill early. /s\n\n4\n\nW', '1bvdgg0'], ['u/almill66', 18, '2024-04-04 06:06', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyrmch/', "Hmm actually no because i bought at 20.069 and sold at 69.420 and then bought again when it sold off. Money glitch basically you fiat slaves don't get it.", '1bvdgg0'], ['u/Chad_Broski_2', 137, '2024-04-04 06:19', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyt90r/', 'Even if you bought Bitcoin 13 years ago to this day, you also probably made $0 after either losing your keys, getting hacked, or an exchange scamming you', '1bvdgg0'], ['u/dyzo-blue', 34, '2024-04-04 06:24', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxytrxh/', "When the value of Bitcoin does extreme fluctuations in value from day-to-day, ya'll claim that means it can't function as a currency.\n\nBut then, when you pull out the noise and see it's been perfectly flat for 3 years... Ya'll still complain!\n\nIt's like there is no pleasing you no-coiners.", '1bvdgg0'], ['u/TheManWhoClicks', 35, '2024-04-04 06:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyubfp/', 'When you sell bitcoin to get fiat… doesn’t that make you a fiat slave as well? Genuine question.', '1bvdgg0'], ['u/steampowerednips', 30, '2024-04-04 06:30', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyuip1/', "Thus proving it's not good for either, store of wealth OR as a currency", '1bvdgg0'], ['u/Chad_Broski_2', 65, '2024-04-04 06:34', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyuzx1/', "User error is the problem with Bitcoin. If your life savings can be gone in a click of a button, you've built a shit system. If the only way one person gets rich is by someone else clicking that button and losing everything, it's not only a shit system, but a parasitic one too", '1bvdgg0'], ['u/ThisCharmingDan99', 16, '2024-04-04 06:36', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyv7zm/', '$hitcoin', '1bvdgg0'], ['u/soundwave_sc', 13, '2024-04-04 06:38', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyvg8h/', "Its like a whole city going about its business during a 6.0 magnitude earthquake. Everything's fine. Few.", '1bvdgg0'], ['u/Sickashell782', 14, '2024-04-04 06:43', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyvzre/', 'Nahhhhhh. User error neeeever happens with bitcoin 😂 😂', '1bvdgg0'], ['u/untropicalized', 57, '2024-04-04 06:45', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyw6bw/', '1 BTC= 1 BTC!', '1bvdgg0'], ['u/almill66', 11, '2024-04-04 06:49', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxywnwh/', 'No because right away i acquire more BTC because 1 BTC = 1 BTC , i never cash out to shity fiat ( because i cant tho )', '1bvdgg0'], ['u/plasma-dragon-DA', 19, '2024-04-04 06:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxywxir/', "And yet they don't because it makes no sense to actually do that, and you have legal recourse if they do. But do people lose all of their shitty spreadsheet entries on a blockchain from a misclick or bit of malware? All the damn time. And once it's gone, it's gone, because blockchains aren't fit for purpose.\n\n\nMaybe stop committing the fallacy where any alternative to your percieved problem is better by default.", '1bvdgg0'], ['u/YouMayCallMePoopsie', 37, '2024-04-04 06:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyx0on/', 'Any system that is intended to be operated by humans and has catastrophic consequences for the smallest of user errors is an embarrassingly stupid system.', '1bvdgg0'], ['u/plasma-dragon-DA', 10, '2024-04-04 07:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyy0i2/', "Yes, that very common problem that definitely happens and can't possibly happen to crypto oh hey how did this article get here?\n\n\nhttps://www.bloomberg.com/news/articles/2024-04-02/silk-road-linked-us-digital-wallet-moves-bitcoin-analysts-say", '1bvdgg0'], ['u/Vlad_Dracul89', 31, '2024-04-04 07:25', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz0ece/', 'Every cryptobro ever in every situation: "This is good for bitcoin."', '1bvdgg0'], ['u/greelingdindows', 26, '2024-04-04 07:38', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz1oyb/', 'Thank you for the fresh pasta', '1bvdgg0'], ['u/Legendventure', 13, '2024-04-04 07:40', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz1vep/', '> Bitcoin probably requires an IQ above 85\n\nYou forgot the "-" because only braindead retards use bitcoin. Sorry, I think being retarded is a sad problem and yet a step up in mental faculties compared to people who advocate for bitcoin being anything but a ponzi scheme.', '1bvdgg0'], ['u/Neurismus', 60, '2024-04-04 08:04', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz463e/', 'This is still adoption phase. Just you wait another 10 years.', '1bvdgg0'], ['u/stonksgoburr', 23, '2024-04-04 08:06', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz4cai/', "But if you bought insert asset way back on insert year asset low and sold on insert day asset high you'd be happy you had it. That's why I think insert asset is good and you should respect it and buy it. You should also respect insert insane libertarian CEO that can't help himself on social media because of all his work to promote insert asset. Plus they were on Joe Rogan, very cool.", '1bvdgg0'], ['u/customtoggle', 12, '2024-04-04 08:14', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz51e3/', 'Few understand', '1bvdgg0'], ['u/BoyMeetsTurd', 10, '2024-04-04 08:35', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz6zib/', 'Pretty sure they are joking.', '1bvdgg0'], ['u/miletest', 10, '2024-04-04 08:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz8gij/', 'I have no Bitcoin. If I had bought Bitcoin when it was a dollar. As soon as it hit 10 dollars. I would be where I am now. Without Bitcoin . bitcoinless', '1bvdgg0'], ['u/Mecha_Magpie', 18, '2024-04-04 09:07', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9qx0/', 'Drifting out on black ice is also pretty much your fault. Would you buy a car without ABS?', '1bvdgg0'], ['u/ferret1983', 14, '2024-04-04 09:08', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9tq0/', "Last week in Swedish public radio there was a crypto expert talking warmly about Bitcoin due to the recent price hike. He said it was a shame that the Swedish financial authorities are still skeptical towards crypto.\n\nThese crypto fanatics nestle themselves everywhere. Trying to sell the get rich quick dream (but remember: it's about the technology). Swedish public radio should be ashamed.", '1bvdgg0'], ['u/palatable_penis', 96, '2024-04-04 09:10', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9zaw/', "> line went up for me \n> I haven't personally been fucked up the ass (yet) \n> Do your own research \n> Few understand", '1bvdgg0'], ['u/Scot-Marc1978', 41, '2024-04-04 09:27', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzbdxl/', 'Enjoy spending your 100 bucks', '1bvdgg0'], ['u/Scot-Marc1978', 10, '2024-04-04 09:29', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzbkh3/', 'Great selling point for the future of finance', '1bvdgg0'], ['u/BannedNeutrophil', 18, '2024-04-04 09:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzdhw6/', "Yeah, let's look at this from the point of safety - a system that requires the human user to never, ever make a mistake has already failed, because given enough time, every single person will eventually make a mistake.", '1bvdgg0'], ['u/mukansamonkey', 17, '2024-04-04 10:01', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxze5i3/', 'Ah, but you see, I\'m much smarter than any cryptobro. I found an exchange that pretty much guarantees my keys will never be lost, has never been hacked, has never scammed me, and has amazingly low gas fees while providing near-instantaneous transactions! You might have heard of it...\n\nIt\'s called a bank.\n\nThis is how I know crypto bros, and pretty much everyone who follows any sort of libertarianism, are morons. Because they keep coming up with "replacements" for existing systems that are complete crap compared to those systems. Due to not having the mental capacity to figure out why the existing systems exist in the first place.\n\nThey\'re incapable of grasping the fact that them learning about a thing for the first time doesn\'t mean many other people haven\'t already had the same thought many years earlier.', '1bvdgg0'], ['u/friendlyfredditor', 36, '2024-04-04 10:10', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzeupa/', "Well you made money. No one is denying the existence of bitcoin millionaires. They're a vital part of the greater fool theory, bag holding, line goes up, rug pulling. The people removing money from the equation are just as important as the suckers putting it in to the zero sum game.\n\nThe problem is just that it's pretty late in the game so everyone getting in is just bag holding for the people getting out with ever decreasing odds of realising a profit.", '1bvdgg0'], ['u/GalaxyBoi101', 10, '2024-04-04 10:22', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzftcu/', 'Scary thing knowing that your digital money can be taken away in less than a minute by 1 transfer and you would never ever know who it was, plus exchanges also are pretty much scum', '1bvdgg0'], ['u/Ichabodblack', 10, '2024-04-04 10:27', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzg9nh/', 'Which bank and how much money did everyone lose?', '1bvdgg0'], ['u/Ichabodblack', 14, '2024-04-04 10:31', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzgk6l/', 'You on seed phrase:\n\n\n"I have mine in a fireproof bag, inside of a fireproof safe and i still feel like im vulnerable. Do yall make copies and keep them at external locations? What other solutions do you have?"', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 11, '2024-04-04 10:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzi7l6/', 'So no one lost anything as even if they did it would have been FSCS protected.', '1bvdgg0'], ['u/Ichabodblack', 11, '2024-04-04 11:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzj3na/', 'So noone lost anything then', '1bvdgg0'], ['u/juicerule', 10, '2024-04-04 11:16', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzk6xf/', 'What Lebanese folk ? do you think they all stop selling bread, supermarket close and factory just stop while people crying around?', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 12, '2024-04-04 11:29', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzl9bg/', 'They aren’t regulated like banks and any insinuation otherwise is dangerous nonsense.', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 12, '2024-04-04 11:35', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzlsxf/', 'Repeat after me. It. Is. Not. A. Bank.\n\nIt has no FSCS protection.', '1bvdgg0'], ['u/nottobetakenesrsly', 11, '2024-04-04 11:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzncog/', '>To be fair, you have to have a very high IQ to understand Bitcoin. The utility is extremely subtle, and without a solid grasp of theoretical physics most of the features will go over a typical person\'\'s head. There\'s also the Austrian outlook, which is deftly woven into the protocol - the philosophy draws heavily from Mises literature, for instance. The fans understand this stuff; they have the intellectual capacity to truly appreciate the depths of these views, to realise that they\'re not just freeing- they say something deep about LIFE. As a consequence people who dislike Bitcoin truly ARE idiots- of course they wouldn\'t appreciate, for instance, the humour in Bitcoin\'s existential catchphrase "Have Fun Staying Poor," which itself is a cryptic reference to Rothbard\'s epic [The Ethics of Liberty](https://socialdemocracy21stcentury.blogspot.com/2016/03/the-insanity-of-rothbards-ethics-in.html?m=1). I\'m smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Satoshi\'s genius wit unfolds itself on their monitor screens. What fools.. how I pity them. 😂\n\n>And yes, by the way, i DO have a Bitcoin tattoo. And no, you cannot see it. It\'s for the ladies\' eyes only- and even then they have to demonstrate that they\'re within 5 IQ points of my own (preferably lower) beforehand. Nothin personnel kid 😎', '1bvdgg0'], ['u/warpedspockclone', 22, '2024-04-04 12:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzqhxr/', 'Anecdotes vs statistics. 95% of people die from this very aggressive form of cancer. "that\'s a lie! I survived!"', '1bvdgg0'], ['u/Luxating-Patella', 12, '2024-04-04 12:49', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzslnk/', '>Crypto.com has met all the standards of the FCA (uk) so I’m pretty confident with them.\n\nLike London Capital & Finance and Equitable Life.\n\nCrypto firms operating in the UK are required to register with the FCA in order to comply with anti money laundering legislation. It is not an endorsement by the FCA. If Coinbase rugpulls tomorrow, there is no FSCS protection.', '1bvdgg0'], ['u/FPL_Harry', 12, '2024-04-04 13:20', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzw2xl/', "I'm up 30000000%, I am simply waiting for Gerald Cotten to release my Quadriga funds.", '1bvdgg0'], ['u/FPL_Harry', 10, '2024-04-04 13:31', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzx9m4/', '> That means that at least 97% of the people who have bought and held BTC are in profit\n\nNo it absolutely fucking does not.\n\nHow can you possibly think this? lol\n\nIt\'s negative-sum, anyone\'s gain is from another sucker\'s loss. \n\n\nAnd "unrealised profits" are not profits. They\'re just numbers on a screen, followed by a soon-to-come post on twitter and the coinbase subreddit crying about not being able to withdraw.', '1bvdgg0'], ['u/DiveCat', 27, '2024-04-04 14:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky00zig/', 'A lot of words to say nothing.\n\nIt took a DAY to get your “profits” from an alleged currency? Why? \n\nOh, great. Your singular anecdotal experience certainly means MTGOX, Celsius, FTX, people having issues with Coinbase, the MANY who are hacked, are all FUD. \n\nWhere the hell are you banking if you are paying fees on any “traditional transactions”? \n\nWhat fees DID you actually pay, weird or not? \n\nWhat is your actual profit (at the loss to others) because for all this “proof” you could be talking about 83 USD, which yes, exchanges have good reason to let small transactions like this proceed. How much have you still left in there or do you intend to rebuy because of all this “proof” you now have?', '1bvdgg0'], ['u/skittishspaceship', 10, '2024-04-04 14:07', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky01p2n/', "How do you know it isn't? There's no rhyme or reason to any of this", '1bvdgg0'], ['u/rohollo', 14, '2024-04-04 14:33', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky050yl/', "No it didn't. You're suggesting no one was really using the internet until 2015, which is utter nonsense.", '1bvdgg0'], ['u/SkedaddlingSkeletton', 36, '2024-04-04 14:42', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky068lq/', "> How did the Internet look after 3 years.\n\nUseful. It looked and was useful.\n\nBTC? Can't pay for a beer with Satoshis.", '1bvdgg0'], ['u/SOdhner', 23, '2024-04-04 14:55', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky082zm/', "Cool what's the transaction ID?", '1bvdgg0'], ['u/CockroachSeparate827', 10, '2024-04-04 14:57', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky08d2n/', "I think they have a different birth year for the internet than you do\n\n\n\xa0ARPANET (1969)\n\n\n\xa0America Online (1991)\n\n\nI would say the internet took off VERY FAST somewhere between 1989 and 2000, but wouldn't like to point out when.\n\n\nHowever, all the underlying tech of the internet was, unlike Block chain,\n\n\nDesigned to be efficient.\xa0\n\n\nDesigned to improve.\n\n\nUseful for specific real purposes\n\n\nExpandable and buildable.", '1bvdgg0'], ['u/CluelessSurvivor', 14, '2024-04-04 15:51', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0ghox/', 'RemindMe! 10 years', '1bvdgg0'], ['u/mayredmoon', 14, '2024-04-04 16:12', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0k26q/', 'Outside USA, most country, including third world country have a great system where you can transfer money to any bank (in the same country of course) at any day and any time with almost no cost\n\nMaybe crypto is amazing in USA, but not in other country.', '1bvdgg0'], ['u/ExetheEspeon', 14, '2024-04-04 16:17', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0kxbr/', "It's been 15 fucking years?!? Fifteen years and what can bitcoin do? Make nerds sound smarter than they are to idiots? Holy fuck. I thought bitcoin was a scam in 2015, but if even after 15 fucking years bitcoin hasn't become the standard, anyone telling you it will is coping out their ass", '1bvdgg0'], ['u/BedCEO', 11, '2024-04-04 17:42', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0zocm/', "If you bought treasury bills, which are considered the most safe assets by tradicional finance, 5 years ago... Guess what... You'd be losing lots\n\nDont pick specific times, as there is no perfect asset.\n\nBtc is a good hedge against fiat economies", '1bvdgg0'], ['u/GoldSurfer100', 18, '2024-04-04 19:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky1j003/', 'While I often read valid criticism in this sub some posts like these are just brain dead. What is the point of this "argument"? Yeah, Bitcoin does not only rise in value, sometimes it drops, so? If you invested in the Dow Jones in 1999 then in 2011 you would have made 0$ as well. Literally scam.', '1bvdgg0'], ['u/Esta_noche', 10, '2024-04-04 21:40', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky27r4g/', "It's not zero sum. It's negative sum because miners have bills to pay\n\nSource: made lots of free money hobby mining. Thanks all for your tribute", '1bvdgg0']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, April 04, 2024', 33, '2024-04-04 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/', '1bvdr3a', [['u/Normal-Jelly607', 10, '2024-04-04 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxyxsd9/', 'What’s the excuse today?', '1bvdr3a'], ['u/Yodel_And_Hodl_Mode', 13, '2024-04-04 07:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxyyopq/', 'My dog ate it.', '1bvdr3a'], ['u/hajjidamus', 10, '2024-04-04 08:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxz477n/', 'The sun was in my eyes', '1bvdr3a'], ['u/grydit', 24, '2024-04-04 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxz7780/', 'The fact that we didn’t drop 30% still amazes me. We’ve shot up and hit a new ATH prior to the halving, retraced, and haven’t got anywhere near a 30% drop? What have you become bitcoin?', '1bvdr3a'], ['u/GRYMandFROSTBITTEN', 11, '2024-04-04 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzecfy/', 'Microstrategy is setting up a bullflag breakout for next weekish. Keep accumulating.', '1bvdr3a'], ['u/simmol', 15, '2024-04-04 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzgzix/', 'You do realize that blackrock is at the mercy of their customers, right?', '1bvdr3a'], ['u/52576078', 13, '2024-04-04 11:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzkonm/', "Been over 60k for 5 weeks straight now, apart from some wicks. That's starting to look like solid base.", '1bvdr3a'], ['u/btc-_-', 13, '2024-04-04 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzmxqk/', 'i’ve seen many people mention that here too. that even though GBTC stocks have nearly halved, bitcoin has gone up ~250% in the last 8 months and 425% since the Nov 2022 lows. so even with those GBTC outflows and a fee reduction from 2% to 1.5%, they’re still making more in fees now than they would’ve averaged the last few years. they’re in the fee business, not the stacking sats business', '1bvdr3a'], ['u/dopeboyrico', 16, '2024-04-04 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzn2a5/', '[AUM held in new spot ETF’s is now at $33.5577 billion through day 57 or ~509.23k BTC.](https://x.com/bitmexresearch/status/1775818292906635384?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $15.2273 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $588.73 million with average inflows of $481.06 million or ~8.93k BTC. Yesterday average daily AUM was at $636.26 million with average inflows of $492.91 million or ~9.17k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 22.4% For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.224.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $33.5577 billion is 0.197% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 289 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 77.7% of that amount of BTC over the span of 57 trading days.', '1bvdr3a'], ['u/dopeboyrico', 17, '2024-04-04 12:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzqlvc/', 'Range we’re stuck in is shrinking.\n\nTop of the range was ATH at $73.7k followed by a drop to $60.8k, a decline of 17.5%.\n\nAfter hitting the local low of $60.8k, price hit a lower high of $71.7k. From there, we’ve reached a higher low... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Bitcoin has rocketed over the past six months, more than doubling to $68,004 as of Thursday.\nInvestors’ interest in the primary digital currency has exploded with January’s introduction of bitcoin exchange-traded funds, or ETFs, particularly the ones offered by BlackRock and Fidelity Investments.\xa0(To be sure, bitcoin is also off 8% from its record set in mid-March.)\nIn addition, bitcoin is approaching its 21-million-coin supply cap. About 19.7 million bitcoins are currently in circulation.\nRelated: Bitcoin halving for beginners: How the process works, impacts price of BTC\nThe currency is now approaching a“halving” date. That’s when the reward for bitcoin miners gets cut in half.\xa0Mining refers to people who successfully use their computers to participate in bitcoin's blockchain network as transaction processors and validators. They’re creating new blocks on the blockchain and receive rewards for their efforts.\nThe reward for a successful mining expedition drops 50% every four years (halving). This month, it will be lowered to 3.125 bitcoin from 6.25 bitcoin. That means less incentive for miners to create supply, putting upward pressure on the currency.\nPerhaps the strongest factor behind bitcoin’s recent jump is speculative fervor. Bitcoin is used for very little legitimate commerce.\nIt’s essentially a vehicle for speculation that investors can use to bet whether bitcoin’s value will go up or down. No fundamentals dictate its price.\nNote that during bitcoin’s six-month run, dogecoin, established as a joke, has tripled. Dogecoin’s logo is a dog.\nBloomberg/Getty Images\nWhatever the reason for the strength of bitcoin and other digital currencies, it’s all good for Coinbase Global(COIN), the country’s biggest cryptocurrency exchange.\nIts revenue registered $905 million in the fourth quarter, up 50% from a year earlier. Net income registered $273 million, swinging from a loss of $557 million.\nSo it’s no surprise that Coinbase stock has more than tripled in the past six months – to $251 on Thursday. Its share price is almost exactly at its April 2021 IPO price of $250.\nRelated: Cathie Wood snags $53 million of this scorched tech stock\nThe company is spreading its wings, receiving a registration license in Canada this month, which means it can operate there.\nHowever, not everything is rosy in the U.S., where Coinbase has scuffled with the Securities and Exchange Commission.\nIn the latest tussle, a federal judge ruled last month that an SEC lawsuit against the company can proceed.\nThat complaint accusesthe company of facilitating trades of at least 13 cryptocurrencies that should have been registered as securities. The SEC also charges Coinbase with illegally operating as a national securities exchange without registering with the SEC.\nThe company is doing well enough that at least two Wall Street houses have raised their price targets on the stock.\nMore Wall Street Analysts:\n• Analyst unveils Nvidia stock price 'line in the sand'\n• Analyst revamps homebuilder stock price target before Fed rate call\n• Analysts revamp Nvidia price targets as Blackwell tightens AI market grip\nOppenheimer analysts now see Coinbase reaching $276 in the next 12 to 18 months, up sharply from $200 previously. They maintain their outperform rating. The $276 target indicates a 10% upside from current levels.\nThe analysts estimated the company’s trading volume doubled in the first quarter from a year earlier.\nAs for the stock, “at this level of trading, we are cautious about near-term volatility, but remain positive on the long-term adoption of blockchain technology,” they said. “We believe Coinbase can be one of the beneficiaries for this long-term trend.”\nThey also don’t believe the legal battle with the SEC is going away. The regulator has “well-pleaded allegations which plausibly support the claim that Coinbase operated as an unregistered intermediary of securities,” the analysts said.\n“We currently believe that this case will be a long legal battle and will likely go to the Supreme Court to get the final decision.”\nRelated: Analyst revamps MicroStrategy stock price target after Bitcoin buy\nMeanwhile, Keefe, Bruyette & Woods raised Coinbase’s price target to $230 from $160, confirming its market-perform\xa0— effectively neutral\xa0—\xa0rating. The Stifel & Co. subsidiary lifted its earnings estimates, reflecting first-quarter volume, The Fly reports.\nCathie Wood, one of America's most popular money managers, has been selling shares of Coinbase in recent weeks, perhaps taking profits. It's still the second biggest holding in her flagship Ark Innovation ETF(ARKK).\nFor years, she has been an evangelist for cryptocurrencies.\nAnother big bitcoin supporter,\xa0MicroStrategy and its executive chairman, Michael\xa0Saylor, have gone gigantic into the crypto.\xa0In mid-March, the software intelligence company bought 9,245 bitcoin for $623 million.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forApril 4, 2024.\nOKX Ventures Announces Pre-Seed Round Investment in Cellula, a Fully On-Chain AI Game\nOKX Ventures today announced its participation in the pre-seed investment round forCellula, a fully on-chain AI game that offers users the ability to create, compose and evolve their digital life. Its unique Virtual Proof of Work (vPOW) asset distribution method provides an innovative incentive layer for games within the Cellula ecosystem.\nCellula is an innovative platform that represents the first autonomous world based on Conway\'s Game of Life. Users can create "Bitlife," a unique digital life, from "Bitcell" digital cells on the "Crafting table." Each combination is one-of-a-kind and evolves on-chain, offering unlimited possibilities for the GameFi ecosystem.\nIn a pioneering move, Cellula mimics theBitcoinmining rules, allowing each Bitlife to have its own hashrate and generate incentives through mining. A programmable incentive mechanism enables Bitlife to automatically execute tasks on multiple chains and evolve into an on-chain AI agent.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Cellula, an innovative artificial life game that combines blockchain technology, game theory and artificial intelligence. Cellula provides players with a unique, dynamically evolving ecosystem that blends gameplay with scientific research. The project not only attracts gamers but also a wide range of researchers, computer scientists, engineers, artists and educators. It serves as a collaborative platform at the intersection of multiple disciplines, and serves to inspire more research on artificial life, evolution and biodiversity - while making these complex scientific concepts accessible and relatable through gamification."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-announces-pre-seed-round-investment-in-cellula-a-fully-on-chain-ai-game-302109015.html\nSOURCE OKX Ventures', 'Bitcoin (BTC)experienced a 6% gain on April 4, surging from the $65,000 level to as high as $69,000, as traders anticipated impending short liquidations. BTC reached a high of $69,328, which saw bullish buyers addressing a chart "inefficiency" following recent downward movement. Currently, Bitcoin has retraced slightly to $67,600, clocking in a 3% gain in the past 24 hours.\nTradersnotedthat the rally was driven by spot market buying rather than derivatives. The spot market displayed strong bid and spot premiums, indicating solid demand. Skew, a prominent trader, emphasized that the momentum needed to persist for more than just a few hours to bring about lasting change.\nAs prices rose, those shorting BTC could potentially face difficulties. A $32.7 million liquidity wall was taken out as BTC crossed the $68,620 mark,accordingto Coinglass data. Despite the resurgence, Bitcoin still faced significant resistance at the $69,000 level, which served as the previous all-time high in late 2021.\nThe surge in Bitcoin prices came as the Federal Reserve Chair, Jerome Powell, said that interest rate cuts would come before the end of 2024. The US jobless claims also came in higher than expected, which could prompt the Fed to cut rates. This dovish tone favors risk assets like Bitcoin and cryptocurrencies.', 'Bitcoin (BTC)experienced a 6% gain on April 4, surging from the $65,000 level to as high as $69,000, as traders anticipated impending short liquidations. BTC reached a high of $69,328, which saw bullish buyers addressing a chart "inefficiency" following recent downward movement. Currently, Bitcoin has retraced slightly to $67,600, clocking in a 3% gain in the past 24 hours.\nTradersnotedthat the rally was driven by spot market buying rather than derivatives. The spot market displayed strong bid and spot premiums, indicating solid demand. Skew, a prominent trader, emphasized that the momentum needed to persist for more than just a few hours to bring about lasting change.\nAs prices rose, those shorting BTC could potentially face difficulties. A $32.7 million liquidity wall was taken out as BTC crossed the $68,620 mark,accordingto Coinglass data. Despite the resurgence, Bitcoin still faced significant resistance at the $69,000 level, which served as the previous all-time high in late 2021.\nThe surge in Bitcoin prices came as the Federal Reserve Chair, Jerome Powell, said that interest rate cuts would come before the end of 2024. The US jobless claims also came in higher than expected, which could prompt the Fed to cut rates. This dovish tone favors risk assets like Bitcoin and cryptocurrencies.', '• In March, derivatives trading volumes surged by 86.5% to a record high of $6.18 trillion.\n• The share of crypto derivatives in total market activity slipped to 67.8% in March, the sixth consecutive monthly decline, according to CCData.\nCrypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData.\nTrading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three times of the total market capitalization of all cryptocurrencies.\nStill, the market dominance of derivatives slipped to 67.8%, the lowest since December 2022 as traders flocked to the spot market, where cryptocurrencies are exchanged for immediate delivery.\nSpot trading volume jumped 108% to $2.94 trillion, the highest monthly volume since May 2021. The combined spot and derivatives trading volume increased 92.9% to a record $9.12 trillion.\n"The spike in spot trading activity on centralized exchanges coincides with the growing excitement around Bitcoin reaching new all-time highs and the initial signs of returning retail participants in the market," CCData\'s monthly report said.\nDerivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives\' share of the total market activity might be a good news for crypto bulls anticipating a continued price rally.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose 16.6% in March, setting new record highs above $73,000,CoinDesk data show. Prices rose over 68% in the first quarter. TheCoinDesk 20 Index, a broader market gauge, jumped over 50% in the first three months.', '• The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout.\n• Ethena\'s USDe is supposed to maintain a $1 peg at all times. Since its release, over $2 billion in USDe has been issued, with demand continuing to grow.\nEthena Labs will start purchasing and shorting bitcoin {{BTC}} as part of a cash-and-carry trade in a move that developerssay will create a “safer” USDesynthetic dollar product for users.\nThe controversial platform is currently generating an annual yield of 37% (a seven-day rolling average that can change) by shorting ether {{ETH}} futures and pocketing funding rates since its January rollout.\nFunding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.\nWhile such a strategy has attracted detractors, demand has continued to grow — as over $2 billion in USDe, its synthetic dollar, has been issued since its release. USDe is supposed to maintain a $1 peg at all times, mimicking a stablecoin but with a different backing mechanism.\nDevelopers say adding bitcoin to the mix will boost user yields while helping USDe issuance grow further.\n“After the unprecedented growth or USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today,” Ethena developers said in an X post. “With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x.”\n“BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users,” they added.\nOn Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield.\nIt uses a futures mechanism similar to a “cash and carry" trade, in which a trader takes a long position in an asset while concurrently selling the underlying derivative. Such a trade, in theory, is directionally neutral and earns money from funding payouts instead of the underlying asset’s price movement.\nHere\'s how it works: First, someone mints USDe with some amount of money, say $10 million tether (USDT). Ethena then exchanges this USDT for BTC. However, because bitcoin’s value can swing wildly, there is a further step to stabilize the value of USDe.\nEthena then shorts or bets again on $10 million worth of BTC perpetual futures contracts. If BTC\'s price drops by 20%, for example, the losses from holding BTC are balanced out by the gains from the short position in BTC perps, keeping the overall value stable.\nThis combination of holding BTC while also shorting it effectively creates USDe. Plus, by shorting BTC, they earn a funding yield that is paid out to users.\nEthena’s ENA tokens are down 8% in the past 24 hours,data shows, alongside aslight market selloff.', '• The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout.\n• Ethena\'s USDe is supposed to maintain a $1 peg at all times. Since its release, over $2 billion in USDe has been issued, with demand continuing to grow.\nEthena Labs will start purchasing and shorting bitcoin {{BTC}} as part of a cash-and-carry trade in a move that developerssay will create a “safer” USDesynthetic dollar product for users.\nThe controversial platform is currently generating an annual yield of 37% (a seven-day rolling average that can change) by shorting ether {{ETH}} futures and pocketing funding rates since its January rollout.\nFunding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.\nWhile such a strategy has attracted detractors, demand has continued to grow — as over $2 billion in USDe, its synthetic dollar, has been issued since its release. USDe is supposed to maintain a $1 peg at all times, mimicking a stablecoin but with a different backing mechanism.\nDevelopers say adding bitcoin to the mix will boost user yields while helping USDe issuance grow further.\n“After the unprecedented growth or USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today,” Ethena developers said in an X post. “With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x.”\n“BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users,” they added.\nOn Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield.\nIt uses a futures mechanism similar to a “cash and carry" trade, in which a trader takes a long position in an asset while concurrently selling the underlying derivative. Such a trade, in theory, is directionally neutral and earns money from funding payouts instead of the underlying asset’s price movement.\nHere\'s how it works: First, someone mints USDe with some amount of money, say $10 million tether (USDT). Ethena then exchanges this USDT for BTC. However, because bitcoin’s value can swing wildly, there is a further step to stabilize the value of USDe.\nEthena then shorts or bets again on $10 million worth of BTC perpetual futures contracts. If BTC\'s price drops by 20%, for example, the losses from holding BTC are balanced out by the gains from the short position in BTC perps, keeping the overall value stable.\nThis combination of holding BTC while also shorting it effectively creates USDe. Plus, by shorting BTC, they earn a funding yield that is paid out to users.\nEthena’s ENA tokens are down 8% in the past 24 hours,data shows, alongside aslight market selloff.', 'TheBitcoincryptocurrency rose 11.4% in March 2024,according to data from S&P Global Market Intelligence. Many related stocks rodeBitcoin\'scoattails higher -- though the related market effects weren\'t always crystal-clear. Just another normal month in the crypto sector, right?\nFor example, crypto-trading marketplaceCoinbase Global(NASDAQ: COIN)saw share prices rise by 30.2% while leading Bitcoin ownerMicroStrategy(NASDAQ: MSTR)posted a 66.7% gain. And of course,Bitcoin-tracking exchange-traded funds (ETFs)stuck close to the underlying cryptocurrency\'s chart squiggles. TheiShares Bitcoin Trust ETF(NASDAQ: IBIT)andFidelity Wise Origin Bitcoin ETF(NYSEMKT: FBTC)both gained 14.2% last month.\nWhy did the Bitcoin-related stock returns differ from the cryptocurrency\'s 11% price increase? Well, each one of these alternative gateways to the crypto market comes with a set of unique qualities and challenges.\n• The ETFs didn\'t match Bitcoin\'s moves exactly, because they\'re measured in a different way. Cryptocurrency prices can change at any time of the day, night, weekend, or national holiday. ETFs operate strictly on Wall Street time, so the prices freeze when the stock market is inactive. Therefore, the day-to-day price changes don\'t always match up exactly -- but the charts will look extremely similar in the long run.\n• MicroStrategy is more than an empty vessel holding a fixed amount of Bitcoin. The company also runs a data analytics business while pulling every possible lever to acquire more Bitcoin over time. In March, the company raised $604 million in new debt, promptly investing the net proceeds to buy 9,245 Bitcoins. The constantly growing crypto collection amplifies Bitcoin\'s price moves, adding both financial risk and potential long-term gains to the underlying digital asset.\n• Coinbase\'s fortunes are tightly connected to crypto trades, but it\'s not all about Bitcoin prices. The company makes most of its money from trading fees and the bid/ask spread in the trades it manages for its customers. That\'s very different from the Bitcoin-owning methods of ETF managers and MicroStrategy\'s "maximalist" Bitcoin ownership. So it\'s no surprise to see Coinbase\'s price having a looser statistical correlation to Bitcoin than the other names on this list.\nThese diverse moves illustrate how indirect investment avenues can serve a broad spectrum of beginning Bitcoin investors. Investors looking to dip their first toe into the cryptocurrency market have a range of options beyond buying Bitcoin directly. Each option fits a different set of financial strategies and risk appetites.\nFor investors with years of experience trading traditional securities under their belts but keen on tapping into Bitcoin\'s growth, semi-traditional assets like the iShares Bitcoin Trust ETF offer a blend of familiarity and innovation. The spot-price Bitcoin ETFs provide a direct link to the cryptocurrency\'s price movements without the complexities of cryptocurrency ownership, such as digital wallet security or learning how to manage yet another trading system exchange. At the same time, ETFs are wrapped in a regulatory framework and trading procedure familiar to stock investors. It\'s an appealing choice for those seeking to dip their toes into crypto waters without straying too far from the regulatory safety and operational ease of traditional markets.\nOn a more adventurous note, companies like MicroStrategy and Coinbase present nuanced pathways to cryptocurrency market exposure. MicroStrategy, with its aggressive Bitcoin acquisition strategy, acts as a leveraged bet on the cryptocurrency\'s future, braiding its corporate fortunes with the ebbs and flows of Bitcoin\'s valuation. This approach not only amplifies the potential returns in a bullish crypto market but also exposes investors to a higher level of risk in extended crypto winters.\nConversely, Coinbase offers a gateway to the broader dynamics of the crypto trading world, capitalizing on the market\'s volatility through trading fees across a diverse range of cryptocurrencies. Its performance is a barometer for the crypto market\'s overall health and trading volume, providing investors with an opportunity to profit from the ecosystem\'s growth beyond the fortunes of any single digital currency.\nIn essence, these alternatives to direct Bitcoin investment offer a broader range of strategies for tackling the crypto market. Digital assets are still fairly new to Wall Street\'s culture, and the regulatory rulebook is a work in progress. As last month\'s diverging price moves showed, investors can choose alternative Bitcoin investment vehicles to suit their personal style, long-term expectations for the crypto market, and risk tolerance. The young cryptocurrency sector is growing up before your eyes and finding its place in the investing world.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nAnders Bylundhas positions in Bitcoin and Coinbase Global. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWhy Stocks in the Bitcoin Universe Skyrocketed in March 2024was originally published by The Motley Fool', 'TheBitcoincryptocurrency rose 11.4% in March 2024,according to data from S&P Global Market Intelligence. Many related stocks rodeBitcoin\'scoattails higher -- though the related market effects weren\'t always crystal-clear. Just another normal month in the crypto sector, right?\nFor example, crypto-trading marketplaceCoinbase Global(NASDAQ: COIN)saw share prices rise by 30.2% while leading Bitcoin ownerMicroStrategy(NASDAQ: MSTR)posted a 66.7% gain. And of course,Bitcoin-tracking exchange-traded funds (ETFs)stuck close to the underlying cryptocurrency\'s chart squiggles. TheiShares Bitcoin Trust ETF(NASDAQ: IBIT)andFidelity Wise Origin Bitcoin ETF(NYSEMKT: FBTC)both gained 14.2% last month.\nWhy did the Bitcoin-related stock returns differ from the cryptocurrency\'s 11% price increase? Well, each one of these alternative gateways to the crypto market comes with a set of unique qualities and challenges.\n• The ETFs didn\'t match Bitcoin\'s moves exactly, because they\'re measured in a different way. Cryptocurrency prices can change at any time of the day, night, weekend, or national holiday. ETFs operate strictly on Wall Street time, so the prices freeze when the stock market is inactive. Therefore, the day-to-day price changes don\'t always match up exactly -- but the charts will look extremely similar in the long run.\n• MicroStrategy is more than an empty vessel holding a fixed amount of Bitcoin. The company also runs a data analytics business while pulling every possible lever to acquire more Bitcoin over time. In March, the company raised $604 million in new debt, promptly investing the net proceeds to buy 9,245 Bitcoins. The constantly growing crypto collection amplifies Bitcoin\'s price moves, adding both financial risk and potential long-term gains to the underlying digital asset.\n• Coinbase\'s fortunes are tightly connected to crypto trades, but it\'s not all about Bitcoin prices. The company makes most of its money from trading fees and the bid/ask spread in the trades it manages for its customers. That\'s very different from the Bitcoin-owning methods of ETF managers and MicroStrategy\'s "maximalist" Bitcoin ownership. So it\'s no surprise to see Coinbase\'s price having a looser statistical correlation to Bitcoin than the other names on this list.\nThese diverse moves illustrate how indirect investment avenues can serve a broad spectrum of beginning Bitcoin investors. Investors looking to dip their first toe into the cryptocurrency market have a range of options beyond buying Bitcoin directly. Each option fits a different set of financial strategies and risk appetites.\nFor investors with years of experience trading traditional securities under their belts but keen on tapping into Bitcoin\'s growth, semi-traditional assets like the iShares Bitcoin Trust ETF offer a blend of familiarity and innovation. The spot-price Bitcoin ETFs provide a direct link to the cryptocurrency\'s price movements without the complexities of cryptocurrency ownership, such as digital wallet security or learning how to manage yet another trading system exchange. At the same time, ETFs are wrapped in a regulatory framework and trading procedure familiar to stock investors. It\'s an appealing choice for those seeking to dip their toes into crypto waters without straying too far from the regulatory safety and operational ease of traditional markets.\nOn a more adventurous note, companies like MicroStrategy and Coinbase present nuanced pathways to cryptocurrency market exposure. MicroStrategy, with its aggressive Bitcoin acquisition strategy, acts as a leveraged bet on the cryptocurrency\'s future, braiding its corporate fortunes with the ebbs and flows of Bitcoin\'s valuation. This approach not only amplifies the potential returns in a bullish crypto market but also exposes investors to a higher level of risk in extended crypto winters.\nConversely, Coinbase offers a gateway to the broader dynamics of the crypto trading world, capitalizing on the market\'s volatility through trading fees across a diverse range of cryptocurrencies. Its performance is a barometer for the crypto market\'s overall health and trading volume, providing investors with an opportunity to profit from the ecosystem\'s growth beyond the fortunes of any single digital currency.\nIn essence, these alternatives to direct Bitcoin investment offer a broader range of strategies for tackling the crypto market. Digital assets are still fairly new to Wall Street\'s culture, and the regulatory rulebook is a work in progress. As last month\'s diverging price moves showed, investors can choose alternative Bitcoin investment vehicles to suit their personal style, long-term expectations for the crypto market, and risk tolerance. The young cryptocurrency sector is growing up before your eyes and finding its place in the investing world.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nAnders Bylundhas positions in Bitcoin and Coinbase Global. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWhy Stocks in the Bitcoin Universe Skyrocketed in March 2024was originally published by The Motley Fool', 'In a strategic move aimed at deepening its presence, Australian investment firm Monochrome Asset Management has applied to list its flagship Monochrome Bitcoin ETF on Cboe Australia, one of Cboe Global Markets\' five global exchanges.\nThis decision marks a shift from Monochrome\'s initial plans to list the ETF on the larger Australian Securities Exchange (ASX), where trading volumes are typically higher. However, the firm cited key factors that aligned with its goals in selecting Cboe Australia as the listing venue.\nIf approved, the Monochrome Bitcoin ETF would be the first spot Bitcoin ETF in Australia, allowing direct investment in the world\'s largest cryptocurrency. While the country already hosts two crypto exchange-traded products on Cboe Australia, neither of them holds actual Bitcoin.\nUnlike the process in the United States, Australian firms must first secure approval from the national regulator, the Australian Securities Exchange (ASX), before applying to an exchange for an ETF listing. Monochrome has already obtained this clearance from the ASX for its Bitcoin ETF product.\n"We expect a decision from Cboe Australia about our Bitcoin ETF application before the middle of the year," Yew stated.\nIn January, Derek Vladimir Henningsen, Monochrome\'s head of legal and compliance, had anticipated the ETF would be listed by the second quarter of 2024.', 'In a strategic move aimed at deepening its presence, Australian investment firm Monochrome Asset Management has applied to list its flagship Monochrome Bitcoin ETF on Cboe Australia, one of Cboe Global Markets\' five global exchanges.\nThis decision marks a shift from Monochrome\'s initial plans to list the ETF on the larger Australian Securities Exchange (ASX), where trading volumes are typically higher. However, the firm cited key factors that aligned with its goals in selecting Cboe Australia as the listing venue.\nIf approved, the Monochrome Bitcoin ETF would be the first spot Bitcoin ETF in Australia, allowing direct investment in the world\'s largest cryptocurrency. While the country already hosts two crypto exchange-traded products on Cboe Australia, neither of them holds actual Bitcoin.\nUnlike the process in the United States, Australian firms must first secure approval from the national regulator, the Australian Securities Exchange (ASX), before applying to an exchange for an ETF listing. Monochrome has already obtained this clearance from the ASX for its Bitcoin ETF product.\n"We expect a decision from Cboe Australia about our Bitcoin ETF application before the middle of the year," Yew stated.\nIn January, Derek Vladimir Henningsen, Monochrome\'s head of legal and compliance, had anticipated the ETF would be listed by the second quarter of 2024.', '• The ETH/BTC ratio is on the verge of slipping into a death cross on the weekly chart.\n• Ether underperformance could be a signal of risk aversion and reduced demand for alternative cryptocurrencies.\nTechnical analysis is flashing several warning signals to alternative cryptocurrency (altcoin) bulls, with the ether-bitcoin (ETH/BTC) ratio dropping below a support level and on the verge of falling into an ominous death-cross technical pattern. The options market shows investors are taking the hint.\nA death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.\nThe ratio\'s 50-week simple moving average (SMA) appears on track to cross below the 200-week SMA, according to charting platform TradingView. The impending death cross signals risk aversion or prolonged underperformance of ether {{ETH}} and other altcoins relative to bitcoin {{BTC}}.\nSince 2017, the crypto market has oscillated between bitcoin-led regimes and altcoin-led regimes. More importantly, altcoin leadership has been characterized by a rising ETH/BTC ratio. In other words, traders are willing to take more risk when ether is outperforming bitcoin and vice versa.\nThe ETH/BTC ratio has dropped nearly 10% to 0.048 this year, TradingView data show .\n"The ETHBTC cross is testing a critical support level after breaking below 0.05," Singapore-based QCP Capital said in a market note Friday. "There has been a persistent large selling of ETH calls which has crushed [volatility] and also put some downside pressure on price. Could this again be a very early signal of [bullish] FOMO turning into fear in ETH as a proxy for alts."\nThe way bitcoin and ether options are currently priced on Deribit, the leading derivatives exchange, also points to expectations for ether underperformance in the near term.\nAt press time, ether puts expiring in seven days, one and two months traded at premiums of 5%, 3% and 0.3%, respectively, to calls. A put option gives the purchaser the right, but not the obligation, to sell the underlying asset at a predetermined price at a later date. A call option gives the right to buy, so the premium for puts – which provide protection against a price decline – indicates a bearish outlook.\nIn bitcoin\'s case, the bias was for calls across maturities, excluding seven-day options.', '• The ETH/BTC ratio is on the verge of slipping into a death cross on the weekly chart.\n• Ether underperformance could be a signal of risk aversion and reduced demand for alternative cryptocurrencies.\nTechnical analysis is flashing several warning signals to alternative cryptocurrency (altcoin) bulls, with the ether-bitcoin (ETH/BTC) ratio dropping below a support level and on the verge of falling into an ominous death-cross technical pattern. The options market shows investors are taking the hint.\nA death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.\nThe ratio\'s 50-week simple moving average (SMA) appears on track to cross below the 200-week SMA, according to charting platform TradingView. The impending death cross signals risk aversion or prolonged underperformance of ether {{ETH}} and other altcoins relative to bitcoin {{BTC}}.\nSince 2017, the crypto market has oscillated between bitcoin-led regimes and altcoin-led regimes. More importantly, altcoin leadership has been characterized by a rising ETH/BTC ratio. In other words, traders are willing to take more risk when ether is outperforming bitcoin and vice versa.\nThe ETH/BTC ratio has dropped nearly 10% to 0.048 this year, TradingView data show .\n"The ETHBTC cross is testing a critical support level after breaking below 0.05," Singapore-based QCP Capital said in a market note Friday. "There has been a persistent large selling of ETH calls which has crushed [volatility] and also put some downside pressure on price. Could this again be a very early signal of [bullish] FOMO turning into fear in ETH as a proxy for alts."\nThe way bitcoin and ether options are currently priced on Deribit, the leading derivatives exchange, also points to expectations for ether underperformance in the near term.\nAt press time, ether puts expiring in seven days, one and two months traded at premiums of 5%, 3% and 0.3%, respectively, to calls. A put option gives the purchaser the right, but not the obligation, to sell the underlying asset at a predetermined price at a later date. A call option gives the right to buy, so the premium for puts – which provide protection against a price decline – indicates a bearish outlook.\nIn bitcoin\'s case, the bias was for calls across maturities, excluding seven-day options.', 'Famed for her bold investment strategies targeting disruptive companies, Cathie Wood and her company ARK Invest have carved out a niche in the financial world. While ARK\'s exchange-traded funds (ETFs) offer diversified exposure to various industries, its core holdings often revolve around a select group of innovative companies.\nFor investors seeking high-growth options and looking to take a page out of the Cathie Wood investing playbook, three companies embody her investment philosophy and may be deserving of a spot in your portfolio today:Coinbase Global(NASDAQ: COIN),Robinhood(NASDAQ: HOOD), andTesla(NASDAQ: TSLA).\nFew other technologies embody the key characteristics that Wood and her company look for -- such as innovation and disruption -- like blockchains and cryptocurrencies. While ARK Invest is a big supporter ofBitcoin, the world\'s most valuable cryptocurrency, the firm\'s top holding is Coinbase, according to Morningstar.\nAlthough investing in Coinbase could be a timely opportunity since crypto is building momentum for another bull market, the long-term potential is what\'s most alluring. In the last couple of years, Coinbase underwent a dramatic transformation.\nPreviously, the company derived more than 90% of its revenue from transaction fees. But now, it boasts a diversified revenue model that caters to retail and institutional investors. Today, transaction fees only account for about 55% of total revenue.\nCoinbase is in the middle of an international expansion strategy and has released its very own blockchain. The company is providing key services to the majority of thespot Bitcoin exchange-traded funds (ETFs)that recently launched. It\'s making money in virtually every way possible.\nAs crypto continues evolving and proliferating in financial markets, Coinbase is an ideal proxy to ride the waves of this momentum. The stock is still more than 30% off its highs. Considering that Coinbase barely resembles the company it once was, it\'s no wonder it\'s ARK Invest\'s No. 1 holding.\nWhile Coinbase has become the premier platform for all things crypto, Robinhood is becoming the go-to platform for all things finance. It initially started as an app to simplify investing, but the company has significantly expanded its product offerings during the past year.\nNow, Robinhood offers subscription plans,individual retirement accounts (IRAs)that offer a 3% match for Robinhood Gold members, savings accounts, and even a new credit card that boasts 3% cash back on all purchases. It also allows users to trade a handful of cryptocurrencies.\nTo quantify the potential for Robinhood, consider that total assets under custody are at an all-time high while its monthly active users remain at just over 10 million, half of its peak of 21.3 million. In other words, there are fewer Robinhood users today, yet more money is under custody.\nWith fewer users but more assets on its platform, Robinhood can generate more revenue per user through interest on customer cash and margin lending while exploring additional monetization avenues and enhancing customer loyalty. This strategic advantage strengthens the platform\'s financial position, resilience, and potential for long-term growth and profitability.\nEven with its stock up more than 40% in 2024 so far, Robinhood\'s robust lineup of products will attract more users looking for a variety of financial products beyond trading. Best of all, as younger demographics come of investing age, Robinhood\'s simple and smooth app may become the de facto standard for people looking to explore the world of Wall Street and step up their personal finance games.\nIt\'s been tough sledding for Tesla during the past year. As the electric-vehicle (EV) market has shown signs of slowing, Tesla\'s industry-leading profits have returned to earth from their previous astronomical levels.\nAfter Tesla missed sales projections in Q1 2024, Wood doubled down on her confidence in the company. As she sees it, Tesla is the ideal company for investors looking to invest in future technologies -- specifically, artificial intelligence (AI), robotics, and autonomous driving.\nIn a recent appearance on CNBC, Wood stood by her previous estimate that Tesla will reach a price of $2,000 per share. That would be a monumental increase of more than 1,000% and make Tesla the most valuable company in the world, based on today\'s numbers.\nAlthough the coming year might be lackluster for Tesla -- a reality that even management acknowledged on its recent earnings call -- it\'s Tesla\'s long-term vision that makes it attractive. Most notably, it\'s making considerable progress in its pursuit of autonomous driving. Once solved, this will pave the way for what Wood believes could generate up to $10 trillion in revenue by 2030 -- robo-taxis.\nWith a self-driving taxi fleet, Tesla could transform its bottom line and revolutionize how we travel. According to Wood, this would make it "one of the most important investment opportunities of our lifetimes."\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nRJ Fultonhas positions in Bitcoin, Coinbase Global, and Tesla. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Tesla. The Motley Fool has adisclosure policy.\n3 No-Brainer Cathie Wood Stocks to Buy Right Nowwas originally published by The Motley Fool', '25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site\n9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches\nMIAMI, April 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq \| TSX:\xa0HUT), (“Hut 8” or the “Company”) a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners today released its operations update for March 2024.\n“March was another productive month in our post-merger restructuring program,” said Asher Genoot, CEO of Hut 8. “We continue to make the changes required for profitable, long-term growth.”\n“On March 6, we announced the closure of Drumheller. Our team relocated efficient miners to Medicine Hat and retired inefficient miners. We expect to see the impact of these changes on our operating efficiency moving forward.”\n“We also made significant progress on our new Salt Creek site and expect to fully energize the site in April, less than three months after breaking gr Last 60 Days of Bitcoin's Closing Prices: [42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-05 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,317,449,320,500 - Hash Rate: 611575286.7885739 - Transaction Count: 348637.0 - Unique Addresses: 643705.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy Inc (NASDAQ:MSTR) showcases a robust enterprise analytics software strategy with innovative AI capabilities. • Strategic partnerships and FedRAMP authorization position MicroStrategy Inc (NASDAQ:MSTR) for growth in diverse sectors. • Volatility in Bitcoin investments and international operational risks present significant challenges for MicroStrategy Inc (NASDAQ:MSTR). • MicroStrategy Inc (NASDAQ:MSTR) faces stiff competition in the rapidly evolving enterprise analytics market. • Warning! GuruFocus has detected 10 Warning Signs with MSTR. MicroStrategy Inc (NASDAQ:MSTR), a leading provider of enterprise analytics and mobility software, filed its annual report on February 15, 2024. The10-Kfiling reveals a company at the forefront of business intelligence, offering a suite of advanced analytics solutions. With a market capitalization of approximately $4.133 billion as of June 30, 2023, and a global workforce of 1,934 employees, MicroStrategy Inc (NASDAQ:MSTR) demonstrates a strong market presence and commitment to innovation. The company's financial performance, as detailed in the filing, reflects its strategic initiatives and investment in Bitcoin, which have influenced its financial results and market price. This SWOT analysis will dissect the strengths, weaknesses, opportunities, and threats as presented in the 10-K filing, providing investors with a comprehensive understanding of MicroStrategy Inc (NASDAQ:MSTR)'s position in the market. Advanced Analytics and AI Capabilities: MicroStrategy Inc (NASDAQ:MSTR) distinguishes itself through its advanced enterprise analytics software strategy, which incorporates AI-powered business intelligence. The company's flagship platform, MicroStrategy ONE, is recognized for powering significant analytics deployments globally. Its Generative AI capabilities automate the deployment of AI-enabled applications, making advanced analytics accessible to non-technical users. This strength is evident in the company's ability to deliver Intelligence Everywhere, positioning MicroStrategy Inc (NASDAQ:MSTR) as a leader in the domain. Strategic Partnerships and Government Authorization: The company's strategic partnerships with major cloud providers and its FedRAMP authorization for the MicroStrategy Cloud for Government service underscore its competitive edge. These alliances and certifications enable MicroStrategy Inc (NASDAQ:MSTR) to meet the stringent security and data protection standards required by government and financial institutions, expanding its market reach and reinforcing its reputation for reliability and compliance. Bitcoin Investment Volatility: MicroStrategy Inc (NASDAQ:MSTR)'s significant investment in Bitcoin introduces financial volatility and risk. The cryptocurrency's price fluctuations have historically impacted the company's financial results and could continue to do so. This exposure to Bitcoin's volatile market poses a potential weakness, as it may affect the company's balance sheet and investor perceptions. International Operational Risks: The company's extensive international operations expose it to risks such as currency exchange fluctuations, regulatory changes, and geopolitical tensions. With a substantial portion of its revenue generated from international sales, MicroStrategy Inc (NASDAQ:MSTR) must navigate these complexities, which could impact its business, operating results, and financial condition. Expansion in Cloud-Based Analytics: The growing demand for cloud-based analytics solutions presents an opportunity for MicroStrategy Inc (NASDAQ:MSTR) to expand its subscription-based offerings. The company's cloud-native architecture, optimized for major hyperscalers, positions it to capitalize on this trend and drive growth in the cloud analytics market. Emerging Markets and New Technologies: MicroStrategy Inc (NASDAQ:MSTR) has the opportunity to leverage its advanced analytics and AI capabilities to penetrate emerging markets and sectors. By continuing to innovate and adapt to new technologies, the company can capture additional market share and address the evolving needs of businesses seeking data-driven insights. Intense Market Competition: The enterprise analytics market is highly competitive, with MicroStrategy Inc (NASDAQ:MSTR) facing challenges from global ISVs such as IBM, Microsoft, Oracle, Salesforce, and SAP. The company must continually innovate and differentiate its offerings to maintain its market position and drive customer demand. Regulatory and Data Privacy Concerns: MicroStrategy Inc (NASDAQ:MSTR) operates in a regulatory environment that is becoming increasingly complex, particularly concerning data privacy and protection. Compliance with evolving laws and regulations, such as the CCPA and CPRA, requires significant resources and could impact the company's operations and relationships with business partners and customers. In conclusion, MicroStrategy Inc (NASDAQ:MSTR) exhibits a strong foundation in enterprise analytics and AI, with strategic partnerships and government certifications bolstering its market position. However, the company must carefully manage the risks associated with its Bitcoin investments and international operations. Opportunities for growth in cloud-based analytics and emerging markets are countered by the threats of intense competition and regulatory challenges. Investors should weigh these factors when considering MicroStrategy Inc (NASDAQ:MSTR) as part of their investment portfolio. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared onGuruFocus.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks surged on Friday following a stronger than expected March jobs report.\n• The US economy added 303,000 jobs last month, well ahead of economist estimates of 212,000 jobs.\n• The jobs report showed muted wage inflation, which could suggest a mild CPI report next week.\nUS stocks surged on Friday, recouping most of Thursday\'s losses after the March jobs report bested analyst estimates.\nThe US economyadded 303,000 jobs in March,well ahead of economist estimates of 212,000. Investors are electing to put a positive spin on the strong economic data under the idea that expansion will drive earnings growth. That optimism appeared to outweigh concerns that a Fed rate cut will be delayed.\nThe report also saw the unemployment rate fall to 3.8% from 3.9%, and it also showed easing wage inflation during the month.\xa0That\'s important because wage inflation plays a key part in overall inflation, suggesting that next week\'s CPI report might not surprise to the upside.\n"Another blowout payroll report suggests the economy is running strong and far from recession, with the economy averaging 276,000 job growth per month over the last quarter," Carson Group strategist Sonu Varghese told Business Insider. "On balance, this would push out any rate cuts by the Fed, but easing wage growth means we\'re not in the middle of a labor-market induced inflation surge."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,204.34, up 1.1%\n• Dow Jones Industrial Average:38,904.04, up 0.8% (307 points)\n• Nasdaq Composite:16,248.52, up 1.2%\nHere\'s what else happened today:\n• A string of layoffs in Apple\'s R&D division suggests that CEO Tim Cook is trying to re-focus the companyafter its failed EV project.\n• A peak in bitcoin would signal turbulent times ahead for the stock marketover the next six months, according to a Wall Street strategist.\n• The US government transferred 2,000 bitcoin to Coinbasefrom its $2 billion cryptocurrency wallet earlier this week.\n• Tesla stock fell as much as 6% after a Reuters report saidthe company is scrapping its low-cost Model 2 vehicle, though Elon Musk denied the report.\n• A fund that offers investors the chance to buy stock in pre-IPO companies has soared as much as 818%since its debut two weeks ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.20% to $86.76 a barrel.Brent crude, the international benchmark, jumped by 0.39% to $91.00 a barrel.\n• Goldjumped 1.50% to $2,343.20 per ounce.\n• The 10-year Treasury yield rose 7 basis points to 4.39%.\n• Bitcoindropped by 0.99% to $67,844.\nRead the original article onBusiness Insider', "In this podcast, Motley Fool analyst Bill Mann and host Dylan Lewis discuss:\n• The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it.\n• VisaandMastercard's $30 billion settlement with merchants over interchange fees.\n• A curious crypto story withNilam Resources.\nTech insider Kara Swisher joins Motley Fool host Deidre Woollard to talk about her new bestseller,Burn Book, and how a tech CEO helped her kids use social media a little less.\nTo catch full episodes of all The Motley Fool's free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nEver feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.\nOn rare occasions, our expert team of analysts issues a“Double Down” stockrecommendation\xa0for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:\n• Amazon:if you invested $1,000 when we doubled down in 2010,you’d have $20,273!\n• Apple:if you invested $1,000 when we doubled down in 2008,you’d have $31,856!\n• Netflix:if you invested $1,000 when we doubled down in 2004,you’d have $332,818!\nRight now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.\nSee 3 “Double Down” stocks »\nStock Advisor returns as of April 4, 2024\nThis video was recorded on March 27, 2024.\nDylan Lewis:Soon merchants are going to be happier to see you pull out the plastic. Motley Fool Money starts now. I'm Dylan Lewis, and I'm joined over the airwaves by Motley Fool Senior Analyst Bill Mann. Bill, thanks for joining me.\nBill Mann:Hey, Dylan. How are you? Welcome back.\nDylan Lewis:It's great to be back after taking some time off. It's great to be back with you. We haven't done a show together since my vacation, so it's nice to be back in the seat. We're going to be checking in on some curious stories in crypto today. We're also going to be looking at some thoughts on the tech industry from Kara Swisher. First up though, Bill, a bit of disruption in our own backyard, an absolutely tragic scene in Baltimore this week with the Francis Scott Key Bridge collapsing after being struck by a cargo container in the early hours Tuesday. Bill, I've been on that bridge. I'm guessing you've been on that bridge as well. This is one that hits home for us.\nBill Mann:Many times. This is not just a local thoroughfare, but it is one of the major north-south arteries in the United States, so a very important road and port. The Port of Baltimore is one of the largest transshipment points for cars coming into and out of the United States. It's also a huge coal facility for shipments coming in and out. At the moment, the Port of Baltimore completely cut off. You did start by saying tragedy, and I do want to start by saying it's the loss of life that ultimately is the thing that we should be concerned about, first and foremost. It's very sad what happened.\nIt's a miracle not more people were on that bridge, not just a miracle but incredible work and foresight by the captain on the ship. That has to be called out. This is going to be a while before it gets cleaned up. Obviously, there's a lot of ways to get from, say, New York to the southern part of the US, but there are not that many ways that are better than Highway 695 for hazmat trucks, for example. The cost to commerce is going to be substantial. The hit to our infrastructure has been substantial.\nDylan Lewis:Bill, I think this is one of those stories that is going to take a very long time for all of the pieces to come out, all the details to come out, and all the consequences to be mapped out, but I think one of the clearest takeaways at this point is it is going to be incredibly disruptive to the local Baltimore area and really anything that passes through it. As you were just saying, so much activity flows through that port.\nBill Mann:There's a book that I read a couple of years ago, and it's a great book. If you're ever talking to someone at a cocktail party, and you'd like to end the conversation, mention that you've been reading the book Box by Marc Levinson, which is the history of the shipping container. It's a fascinating book but doesn't sound so on the surface.\nWhen we think of ports, we tend to think of them as being interchangeable at this point, like, it's a place where a boat can pull up to the side, and there's a crane that pulls things on and off. Ports now are specialized. The Port of Baltimore is specialized for the types of products that flow through that port, particularly cars, gypsum, lumber, coal, things of that nature. While there are other ports that can take that volume, it's not just as simple as saying, now you're going to Norfolk, now you're going to Newark. Those ports are not geared to handle that volume in the same way that Baltimore has.\nDylan Lewis:Bill, that's all we have today. I got to go.\nBill Mann:[LAUGHTER] You got to read the book?\nDylan Lewis:You joke that it was a good way to end the conversation. I'm just kidding. I love it when you go deep, and I love when we get wonky. I think it's a fascinating story, and I love the book recommendation there, Bill. One of the things I'm curious about is, as this clearly is going to disrupt supply chain and logistics, what it means for the companies that wind up flowing a lot of goods through a place like Baltimore. We have seen companies try to tap into interruption insurance in the past. Do you feel like this is something that we are suddenly going to become experts in in the way that people do on Twitter?\nBill Mann:I became a Twitter expert in shipping law. I got my masters yesterday in it. Usually when you talk about these things, you're talking about tragedies. There were a huge amounts of business interruption cases that happened after the 9/11 attacks, there were huge numbers of business interruption insurance claims after Hurricane Katrina, and there will be more here.\nRight at the top of the list is the Port of Baltimore, which is a port authority, but it is it operates under concessions. There are companies out there that offer business interruption, andBerkshireHathawayis one that has been known to do so. There will be claims, and they will be big, but I would assume that many of the claims will be opportunities for companies to perhaps cash in a little bit, and I only say that not pejoratively because that's what's happened every single time in the past.\nDylan Lewis:From the supply chain and cargo world over to the digital toll roads, we have some updates in the credit card landscape. Visa and MasterCard's toll road is about to get a little bit cheaper for merchants, Bill, the two largest credit card companies settling suit with merchants over there interchange fees, which will save about 30 billion in fees over five years for merchants. How big of a deal is this for the credit card companies?\nBill Mann:The credit card companies, there's only a certain part that's really that big of a deal because Visa and Mastercard don't actually get these interchange fees. These are what goes to the banks that underwrite the cards themselves. So Visa and Mastercard, if they were the ones who were negotiating or actually negotiating with somebody else's money, which is a great place to be negotiating from, now one of the big issues is that those swipe fees were somewhat unbound.\nOne of the agreements though that could impact Visa and Mastercard is that it would allow the merchants to charge different prices to consumers based on which credit cards they use. You might come into a situation where a merchant would say there's a 2% fee if you're using a Visa or Mastercard, there's a 1.2% fee if you are using Discover, and a lot of these fees are things that exist today, but because they are standardized, you don't necessarily see them. In some ways, this is much bigger for the merchants than it is for Visa and Mastercard, and in some ways, it's much bigger for the banks than it is Visa or Mastercard themselves.\nDylan Lewis:If I'm not mistaken, the only way we've really seen that in a consumer-facing way in the past has been, we don't acceptAmericanExpress. It's been that simple. It hasn't been the negotiated menu of this for this and that for that. It's just we're not going to accept AmEx.\nBill Mann:Does it not feel a little bit like the cable television where, for years, we wanted unbundled pricing, and now that everything's unbundled and we all have 34 different things we have to pay for, man, I wish somebody could just bundle this back up. This feels like that a little bit like, if I pull out a Discover card, do I get a lower overall fee? If I pull out an American Express card, do I get it for free? I think we may be seeing things like that. Although, again, consumers tend to love simplicity, so I'm not sure it's all that big of a deal. But anytime you have one of those friction costs, I think at the end of the day, it's going to be a benefit to consumers, the fact that it seems like it's going to be lower or at least have a bound put upon it.\nDylan Lewis:Are we going to stick with payments for our final story in our news roundup, payments of sorts, more of a stored value, perhaps? The world of crypto, specificallyBitcoin, has had an incredible march, up 20% this month, up over 50% year-to-date. Bill, not surprising that when we see a huge surge in interest in crypto and the price of crypto, the activity of companies hitching their wagon to crypto also goes up.\nBill Mann:Not just companies. We've seen stories about how the North Koreans are suddenly very active, again, trying to hack into some of the lower security crypto projects, and they've stolen several billion dollars from them, probably much more so by the time all is known. There was a fascinating story that came out starting about two days ago. A company that, and I'm not making this up, had a market cap of $925,027. That was it.\nDylan Lewis:We're not used to working in those units.\nBill Mann:No. As I said earlier, please don't go out and buy this. Nilam Resources announced that they were starting a joint venture with a letter of intent to acquire 24,800 Bitcoin. Now I don't know if you're that much of a math guy. I had to take off my shoes so I could count high enough, but that was about 1,700 times higher than the actual market cap of Nilam Resources, so I don't know how they thought they were going to do it.\nDylan Lewis:Where does that money come from? When I saw the story, Bill, so there's the announcement, there's the very predictable share price movement for the business that is just absolutely nuclear. It goes crazy. Then we see that the CEO steps down immediately. This to me, I know we're recording this in late March, had the feeling of someone leaking an April Fool's Day script a couple of days early.\nBill Mann:Honestly.\nDylan Lewis:This is a story we would put out as a news story on April 1st.\nBill Mann:Exactly. Unfortunately, there was a real stock attached to it, and the former CEO had left, and basically called this a classic pump and dump. We can use allegedly all we want to, and so when you ask where the money was going to come from, you're going to be shocked to know that there was a JV that was announced with a country that somewhat lacks security laws and somewhat lacks extradition laws.\nI don't know what the game was other than the stock went up about 1500% yesterday and, as of this recording, is only down 95% today. I understand that this was a sub $1 million company, and at the end of the day, it was not even a rounding error in the market, but it is the thing that, as someone who likes to believe that the US markets have integrity, it really concerns me.\nDylan Lewis:Bill Mann, appreciate your takes on crypto, shipping containers, and all things weird in the market.\nBill Mann:Thanks, Dylan.\nDylan Lewis:[MUSIC] Coming up, tech insider Kara Swisher joins Deidre Woollard to talk about her new best-seller, Burn Book. They discuss innovations that she's optimistic about and how a tech CEO helped her kids use social media a little bit less. [MUSIC]\nDeidre Woollard:You use this phrase that I like, and I use all the time too, which is, the math wasn't mathing. You talk about that when looking at companies, especially in a before the dotcom bust. We do the same thing here. How does focusing on the numbers help you make sense of these companies because I think a lot of journalists don't do that?\nKara Swisher:No. I actually took an executive accounting course at Wharton because I've needed to understand how spreadsheets worked because I don't think I did awesome. That was when I was a younger press, I took the train up to Philadelphia from DC at Wharton because I thought it was really important to do that. Any opportunity I had to read about accounting because the company I was covering, was a very tricky accounting company.\nThey would hide the expenses and goose revenues in ways that were tricky, and so it was really important to understand. I think accounting is one of the most creative jobs in any company that were had to make a company look whether they're doing well. Ultimately performance is what matters, but it didn't hit at that time because the stock would take off on just the smallest of things. I really wanted to understand the math, and you had to have a suspension of disbelief because, even if the math didn't work, if it didn't math, it didn't matter with some companies.\nLike right now,Tesla's worth 20 million times more than all the car companies put together. Is it going to be that big? I don't think so, but obviously, the market does, so that's what it's worth. Sometimes when people get upset, it's not worth that. I'm, like, that's what it's worth. That's what people think, so that's what people are willing to pay for it, but from a real gravity perspective, much of what was happening was puffy, to say the least.\nDeidre Woollard:There was always the [inaudible] that all you needed was a good PowerPoint to raise money.\nKara Swisher:I think we have changed since then. I went into crypto, we had the same thing for a minute. Now, they already put AI, [inaudible] AI on your company, you're an AI company. That's what happens, and then there'll be significant companies in each area. It doesn't mean the area is wrong. It means that everybody rushes to a trend, and that's OK. I don't care. Just buyer beware.\nDeidre Woollard:It's like the more thing is changed, the more they stay the same because so little has changed. Your descriptions of like Marc Andreessen and some of the others in the early days, the tech bad boys. We still are seeing some of those tech bad boys. Are we ever going to see.\nKara Swisher:They're just growing up men now. They were bad boys, and now they're really deeply grievously irritating old men is what they are now.\nDeidre Woollard:What about the new batch?\nKara Swisher:I like a lot of the newer people more. They have a little more humility, and I don't expect a lot of humility necessarily, but I think they've got more sense. Some of them are more mission-driven in a real way. Before they used to say they're going to change the world, but they was very fuzzy, but they actually wanted to change.\nThey just wanted to make money and disrupt things, as toddlers are wont to do, but I think a lot of the newer ones that really interesting. I think they're more thoughtful, they're better read, they've seen what happened. Money is important to them, obviously, but it's not the most important thing necessarily. A lot of them, like climate change tech people, I'm really interested in them, or people who are doing healthcare stuff, I'm interested in them. I don't think money is the first and only thing or their stock is. I think it's important, but it's not their only thing.\nDeidre Woollard:There's so much like the next Steve Jobs. Do you think that there can be or should be a next Steve Jobs? Obviously, not Elon.\nKara Swisher:No, it's not. It's never was. Now people are saying Samuel Altman, but about I'll know, we'll see. He's got some time to go. Sam leaves a real legacy. He kept having hit after it and the company keeps having hit after hit. They're a little like the rolling stones over there atApple. They keep going and eventually they'll get too old. But even Tim Cook, he's 10x the company in terms of value and real value, real revenues, real changes in the software and services. No, I don't think you'd need that. I think lots of industries had. You don't know who that out of the electricity world is, but you didn't know Thomas Edison. I think founders have a certain romance at a certain moment in history. Again, who's the insurance guy, who's the head of, Hollywood even has dissipated, approves the big moguls and then I guess Bob Iger, but isn't he that thing?\nDeidre Woollard:You've covered entrepreneurs, but you're also an entrepreneur yourself. I'm wondering, what lessons could you have learned only by going through that experience yourself?\nKara Swisher:I thought it was important. I think sometimes business reporters don't know how to run a business. Come on, how accretive you judge that though. Let me tell you aboutUber. I was like, I think I'll run a business. I don't run movers business, but I certainly understand P and L. They certainly understand management. I understand month fundraising and things like that and it's so much smaller scale. Media's isn't much smaller scale of everything compared to these companies. But I have a sense of what it's like to be an entrepreneur and I have been one and I've created lots of different companies, not just one but half a dozen.\nI've moved into other directions and so you'd have to sort of have a risk profile that media tends not to have had in the past. Now there's lots of new interesting things happening. But I certainly you learn a lot by doing instead of just talking about it. P& L gifts creates a certain kind of discipline in your mind and especially you understand, say they're even their problems or whether they're lying about, oh, no, no. I know I did that that kind of thing.\nI think also the role of partnerships too, because you had a great business partner and Walt Mossberg, you probably saw from the inside what can go wrong in partnerships and what we did. We never had a fight our whole time, it 's incredible. Amazing But yeah, the importance of a good partner for sure. Any anytime you have a business you run into toxicity, you run into great things, you run into problems that weren't problems and then become problems every day I run something, although I don't have staff. I uncoupled myself staff CRO have people who work for Vox who then do stuff for me and I guess I'm ultimately the boss, but I don't manage them.\nDeidre Woollard:You've got young children, but you've also got older children. I'm wondering, what's the difference between what you're probably going to tell your younger children about technology versus what you told your older children?\nKara Swisher:Neither. No. Nothing. I think I was pretty clear. My older kids other mother was the Chief Technology Officer of the United States of America under Obama and also was an early Google executives so there wasn't a lot we need and I was good at technology, so they didn't really get anything over on us, which was a sad for them. They couldn't go, oh, mommy, you don't understand this would like, oh yeah, we built it or I would call it sometimes when I'm sounds for using too muchSnapchat, I ran into, introduce them to the head of the Snapchat and I jokingly said to him, we turn it off if I need to and he was like, absolutely Cara, boys don't use it too much.\nOf course he didn't do that but, you know what I mean? My kids are like what? That's like using Santa or something with. Yes, that's correct. He was Santa to them who they were never more thrilled when they met the founder of Snapchat, Evan Spiegel. But no, I trust my kids. I raised them to have a broad outlook on a lot of things. I don't mind if they read online as long as they read. I think people's focus, they'll too much on the thing. I definitely had a talk with the boys, the older boys about porn and about the deleterious effects of that kinda stuff. Because I was aware of it more than probably many parents about what was going on online.\nI think with my daughter, I'm going to have a long talk about how you behave and I know it's not just a woman behaves, but things that can come at you that are particular to women, especially young girls about self-esteem. I had talked to my boys a little more about loneliness. You know what I mean? Because there's a lonely and men are suffering in many ways, or boys are. I think one time my son, when in-app purchases started on the iPhone, my son spent $2,000 on things and I did not do that again.\nLet me just say yeah, it was on it was on a game that he was buying himself, you know, blinds or whatever the hell you by herself and I live, yanked him out of bed Got kill you. Luckily because it was so hidden and I got them charges from burst because then I got some insight to it because I was like, look at how tricky this was. How would a nine-year-old, why are you letting a nine year old do this? Also, he couldn't tell what was for sale and so they they reversed it pretty quickly, but still I learned a lot from them and like Reddit, my older kids, I new Reddit was going to be where young people are watching stuff and not necessarily other places because my kids used it a lot or watching YouTube and Reddit, which I thought was interesting so it goes both ways.\nDeidre Woollard:Are there any companies outside of the text-based you're finding particularly interesting right now?\nKara Swisher:Yeah, I'm really interested in climate change tech. Would put them in a tech thing, but it's really climate change, innovation. I'm fascinated with a lot of the healthcare innovation and you could say tech, but it's innovation around data and AI, and more and cloning and gene folding and all kinds of things. I'm super should in the food area, the innovations in food like urban farming. Farming that's without what would the same water goes through and Bill and office buildings, I have this dream of all the farms being in the cities and then you get fresh vegetables right there. We'll start off expensive like those strawberries that are so delicious and then move down the stack. I'm interested in, obviously desalinization of water, things like that, things that are real. Obviously politics. I live park most of my time in Washington now, after the pandemic long story, I didn't choose it, but there here I am. I spent a lot of time on regulatory issues that's for sure around tech.\nDeidre Woollard:Last question for you. We're in another tough spot for media and journalism. We've been there before. Even I've been through a few of these journalist cycles. Does this one feel different, and what's your hope for the future of journalism?\nKara Swisher:It does not feel different. It's the same thing. I just feel like this has been going on for 30 years. The decline. I covered the knows that the Washington Post when it was at its the top time, but then I was covering retail which was dying local retailers so I watched the economic devastation when they lost all those local retailers to Walmart actually. That's what Walmart didn't advertise it, but the local retailers did and then when I saw Craig's list, Tom, there's classified god hit. This was 25 years ago and then free news meant they had to make a product that was worthwhile for people to pay for and before they just one on fund news that was commodity-based essentially.\nI think the big problem with media is it said it treats it like it's not a business that's called the news business for a reason as a business and so I think they didn't get costs in line fast enough. They agonized over attack instead of jumping right in. They relied too much on tech as if tech we didn't want to be in the media business the tech is in the media business. They're better at it because they have more money and they have more resources and they don't care so much about accuracy, but they're in the media, but there's no question.\nTikTok as a media business as far as I'm concerned. He's got the right-size itself and then try to figure out what they can sell to people that substantive, I've done it with on a smaller level and everybody else has to. It's just, we have a kind of a romantic vision of ourselves in the media that I think we need to shed. We can be important and viable at the same time. You know what I mean? Or the other options are, the government pays for it, like BBC, but that's never happening in this country. Or billionaires, we rely on the kindness of charitable billionaires.\nDeidre Woollard:That's been what we've been doing so far.\nKara Swisher:Yes, but let me just tell you, I know them. Don't do it. It's a mistake. Some of them will be good, some really bad. I'm certain their children will be good, so I don't know what to tell you about that. That's not a long-term solution to what is a secular again, a secular problem, just like with commercial real estate, like come up with new ideas to keep your audience and understand the important part you play in democracy. This is like the first-line of the book because it was capitalism after all. It is capitalism after all.\nDylan Lewis:As always, people on the program may own stocks mentioned, and the Motley Fool may have formal recommendations for or against, so don't buy or sell anything based solely on what you hear. I'm Dylan Lewis. Thanks for listening. We'll be back tomorrow.\nAmerican Express is an advertising partner of The Ascent, a Motley Fool company.Bill Mannhas positions in Berkshire Hathaway.Deidre Woollardhas positions in Apple, Mastercard, and Visa.Dylan Lewishas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Bitcoin, Mastercard, Tesla, Uber Technologies, and Visa. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has adisclosure policy.\nShipping Logistics, Credit Card Fees, and a Crypto Eyebrow-Raiserwas originally published by The Motley Fool", "Nearly 16 years after it was created, Bitcoin continues to divide investors and financial pundits alike. On one side, major corporations and financial institutions have added this volatile asset to their operations. On the other side, financial gurus and market veterans remain as skeptical as ever.\nDave Ramsey has firmly established a spot in the latter camp. He has previously described crypto assets as “risky” and “stupid investments,” often mocking investors and advising his audience to stay away from this segment of the market.\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\nWhich is why viewers of The Ramsey Show were surprised to hear Ramsey strike a more measured tone in recent comments about the crypto asset. Here’s what he said.\nJason from Connecticutwanted to knowRamsey’s thoughts on Bitcoin, given its recent rebound. Each unit of world’s most famous cryptocurrency is currently trading at $67,459 — roughly four times higher than its value in late 2022.\n“An asset with a trillion-dollar market cap is not a beanie baby,” Jason said in his email to Ramsey. Surprisingly, Ramsey didn’t aggressively push back as he has in the past on this question about crypto assets. Instead, he struck a more measured tone.\n“Bitcoin is a currency,” Ramsey admitted, seemingly agreeing with some of the most loyal members of this community. However, Ramsey went deeper into his explanation: “Currencies have no value except for their track record that indicates that two people are willing to fight over them,” he said.\nHe compared BTC to other major assets such as the yuan and Japanese yen. However, he was quick to point out that major global currencies were backed by the economic power of their issuing countries and had much longer track records. “Of all the currencies, Bitcoin has the least faith,” he laughed. “Someday, it may level out and become a thing, but Jason, it’s not there.”\nHe predicts that the asset will continue to be volatile and that he wouldn’t invest in it for the same reason he wouldn’t invest in “the Iraqi dinar.” Ramsey and his co-host argue that Bitcoin is not an “investment” because it doesn’t produce cash flow. “I wouldn’t wish bitcoin investments on somebody I really dislike,” Ramsey said, perhaps proving he hasn’t changed his stance on the asset.\nWarren Buffett and his business partner, the late Charlie Munger, had a similar argument — “[Bitcoin] is a gambling token and it doesn’t have any intrinsic value,” Buffett once said.\nWith this in mind, investors may have better opportunities within asset classes that generate tangible income.\nRead more:Suze Orman says Americans are poorer than they think — but having a dream retirement is so much easier when you know these3 simple money moves\nBased on the principle that cash flow is the key to a good investment, sophisticated investors like Buffett and Ramsey have always preferred real estate and stocks.\nHowever, perhaps traditional value investors and cryptocurrency advocates can both agree that chip maker Nvidia (NVDA) provides some value. During the previous crypto bull run, Nvidia saw a boost in earnings due to a scramble for its GPU units that were ideal for cryptocurrency mining.\nNow that Bitcoin is rallying again, Nvidia could see a similar boost. However, this time the boost is supercharged by the ongoing artificial intelligence battle. Tech giants are spending billions of dollars to secure the company’s H100 chips, which are a key resource for their large language models.\nIn its most recent fiscal year, Nvidia generated $29.7 billion in net income, which means it’s profitable enough to attract the attention of traditional investors who may be skeptical of cryptocurrencies.\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• Rich young Americans have lost confidence in the stock market — and arebetting on these 3 assets instead.Get in now for strong long-term tailwinds\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", "Nearly 16 years after it was created, Bitcoin continues to divide investors and financial pundits alike. On one side, major corporations and financial institutions have added this volatile asset to their operations. On the other side, financial gurus and market veterans remain as skeptical as ever.\nDave Ramsey has firmly established a spot in the latter camp. He has previously described crypto assets as “risky” and “stupid investments,” often mocking investors and advising his audience to stay away from this segment of the market.\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\nWhich is why viewers of The Ramsey Show were surprised to hear Ramsey strike a more measured tone in recent comments about the crypto asset. Here’s what he said.\nJason from Connecticutwanted to knowRamsey’s thoughts on Bitcoin, given its recent rebound. Each unit of world’s most famous cryptocurrency is currently trading at $67,459 — roughly four times higher than its value in late 2022.\n“An asset with a trillion-dollar market cap is not a beanie baby,” Jason said in his email to Ramsey. Surprisingly, Ramsey didn’t aggressively push back as he has in the past on this question about crypto assets. Instead, he struck a more measured tone.\n“Bitcoin is a currency,” Ramsey admitted, seemingly agreeing with some of the most loyal members of this community. However, Ramsey went deeper into his explanation: “Currencies have no value except for their track record that indicates that two people are willing to fight over them,” he said.\nHe compared BTC to other major assets such as the yuan and Japanese yen. However, he was quick to point out that major global currencies were backed by the economic power of their issuing countries and had much longer track records. “Of all the currencies, Bitcoin has the least faith,” he laughed. “Someday, it may level out and become a thing, but Jason, it’s not there.”\nHe predicts that the asset will continue to be volatile and that he wouldn’t invest in it for the same reason he wouldn’t invest in “the Iraqi dinar.” Ramsey and his co-host argue that Bitcoin is not an “investment” because it doesn’t produce cash flow. “I wouldn’t wish bitcoin investments on somebody I really dislike,” Ramsey said, perhaps proving he hasn’t changed his stance on the asset.\nWarren Buffett and his business partner, the late Charlie Munger, had a similar argument — “[Bitcoin] is a gambling token and it doesn’t have any intrinsic value,” Buffett once said.\nWith this in mind, investors may have better opportunities within asset classes that generate tangible income.\nRead more:Suze Orman says Americans are poorer than they think — but having a dream retirement is so much easier when you know these3 simple money moves\nBased on the principle that cash flow is the key to a good investment, sophisticated investors like Buffett and Ramsey have always preferred real estate and stocks.\nHowever, perhaps traditional value investors and cryptocurrency advocates can both agree that chip maker Nvidia (NVDA) provides some value. During the previous crypto bull run, Nvidia saw a boost in earnings due to a scramble for its GPU units that were ideal for cryptocurrency mining.\nNow that Bitcoin is rallying again, Nvidia could see a similar boost. However, this time the boost is supercharged by the ongoing artificial intelligence battle. Tech giants are spending billions of dollars to secure the company’s H100 chips, which are a key resource for their large language models.\nIn its most recent fiscal year, Nvidia generated $29.7 billion in net income, which means it’s profitable enough to attract the attention of traditional investors who may be skeptical of cryptocurrencies.\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• Rich young Americans have lost confidence in the stock market — and arebetting on these 3 assets instead.Get in now for strong long-term tailwinds\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", 'According to The Motley Fool Ascent\'s 2024 Cryptocurrency Investor TrendsSurvey, one of the major factors holding investors back from investing in crypto is a clear lack of utility for many top cryptocurrencies. More than a third (35%) of respondents who did not own crypto said that they "did not know what to do with it."\nFair enough. It\'s hard to see any utility whatsoever for dog-themed meme coins, and evenBitcoin(CRYPTO: BTC)is still primarily a long-term store of value that you buy and hold (and don\'t use in your everyday life). But don\'t despair, crypto investors, because there are two high-quality cryptos that offer significant utility and should definitely be on your radar if utility is your priority.\nMy top utility crypto isEthereum(CRYPTO: ETH). It offers a highly diversified blockchain ecosystem and plenty of everyday ways to put your crypto to use. For example, you could use your Ethereum to buy a non-fungible token (NFT) that has been minted on the Ethereum blockchain. You could use your crypto to participate in a decentralized finance (DeFi) protocol in order to earn extra yield on your investment. You could swap your Ethereum for another token using any of the decentralized exchanges running on the Ethereum blockchain. Or you could use your crypto to play blockchain or metaverse games built on top of Ethereum.\nYou get the idea here -- Ethereum is much more than just a coin. It also functions like a digital admission ticket that gives you access to everything that\'s happening within its blockchain ecosystem. That\'s a big deal, because Ethereum is still dominant in just about every important sector of the blockchain world. For example, Ethereum still accounts for more than half (56%) of all DeFi activity in the blockchain world and is still the unquestioned leader when it comes to NFTs. So this admission ticket is actually quite valuable.\nMy second pick isSolana(CRYPTO: SOL), which is very similar to Ethereum in terms of utility. Basically, anything you can do with Ethereum, you can do with Solana. You could use your Solana to buy NFTs minted on the Solana blockchain, play blockchain or metaverse games created on the Solana blockchain, and swap for other tokens using decentralized exchanges running on Solana.\nBut Solana has a unique mobile crypto strategy. Unlike Ethereum, Solana has a crypto phone (the Saga) that is optimized for use with the Solana blockchain. This device also offers access to mobile apps that you can\'t find on traditional smartphones. And, of course, those apps are powered by the Solana blockchain, so that creates even more opportunities for utility.\nIn some ways, these two utility cryptos are similar to utility stocks. Just like companies providing basic services such as electricity, gas, and water, these two cryptos provide basic blockchain services to users and developers. Both are known as Layer 1 blockchain networks, and both are building blocks for creating new products and new services. If utility is your priority, then you should probably focus on Layer 1 blockchains as a starting point.\nHowever, utility cryptos are very different from utility stocks in one important way -- their explosive upside potential. That\'s something you don\'t get from reliable, steady, dividend-paying stocks that provide basic services. Solana, for example,skyrocketed in value by more than 900% last year. And Ethereum is up more than 95,000% since 2015.\nImagine how much more valuable utility companies would be if they could capture just a tiny slice of all the economic activity based on their basic services. What if water companies, for example, could capture a slice of the economic value created by people using water within a household? Or if electric utility companies could capture a small slice of the economic value created by people using electricity in their kitchens, living rooms, and home offices?\nWell, that\'s exactly what happens with utility cryptos. The price of Ethereum, for example, is directly linked to the amount of economic activity happening within the Ethereum blockchain ecosystem.\nThink of the NFT market. If the size of the NFT market increases in value, so will the price of Ethereum. That\'s because, in addition to providing a basic service (the blockchain architecture needed by creators to mint an NFT), Ethereum is also able to capture a slice of all the economic activity happening on top of it (people buying and selling these digital assets within NFT marketplaces).\nThat\'s why, generally speaking, the higher the utility of the crypto, the higher the valuation. The more you can do with a crypto, the bigger its blockchain ecosystem should be. And the bigger the overall blockchain ecosystem, the greater the potential opportunity for growth.\nWhen it comes to choosing among various utility cryptos, then, take time to analyze how much activity is actually happening within these blockchain ecosystems. That could be the best way to identify the next big utility crypto ready to skyrocket in value.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $526,345!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 4, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n2 Cryptocurrency Picks If Utility Is Your Prioritywas originally published by The Motley Fool', "Iran is finding it increasingly challenging to maintain its balanced approach in the Caucasus. Fresh developments keep jiggling Tehran’s diplomatic scales.\nTwo major developments in recent years – Azerbaijan’s reconquest of Nagorno-Karabakh and Russia’s unprovoked invasion of Ukraine – created new diplomatic openings for Iran. The changed geopolitical environment has enabled Iran and Azerbaijan to smooth over what for much of the post-Soviet period had been a prickly relationship. At the same time, Iran’s traditionally tight ties with Armenia are coming under increasing strain. But both bilateral relationships remain prone to sudden twists.\nIn March, the foreign ministers of Iran and Azerbaijan, Hossein Amir-Abdollahian and Jeyhun Bayramov,meton the margins of the meeting of the Organization of Islamic Conference in Saudi Arabia,agreeingon a return of Azerbaijani diplomatic personnel to Tehran. Baku had withdrawn its diplomats after anarmed attackon the embassy in early 2023 that left an Azerbaijani citizen dead. (An Iranian court has reportedly sentenced the main suspect to death as a price for a full resumption of diplomatic ties.)\nThe diplomatic reengagement occurred not long after Baku and Tehran lanced another boil of tension,signingan agreement last fall to construct a rail link known as the Aras corridor. The route will connect mainland Azerbaijan to its Nakhchivan exclave via Iranian territory. Azerbaijan had earlier sought to build a more direct route, known as the Zangezur corridor, by securing extraterritorial rights from Armenia. Iran had opposed Zangezur out of concern it would create a barrier to Iranian-Armenian trade.\nWhile Iranian-Azerbaijani relations are presently on a roll, Iranian-Armenian ties have hit some potholes.\nOn the same day in March that the Azerbaijani and Iranian foreign ministers were restoring full diplomatic relations, Armenia’s defense minister, Suren Papikyan, visited Tehran for meetings with top Iranian officials, who delivered a firmwarningthat Yerevan should not grow too close to “extra-regional parties.” The phrasing was a clear reference to Yerevan’s recent cultivation of security ties with Western powers, including as France and United States. Armenia’s Prime Minister Nikol Pashinyanacknowledgedtensions with Tehran.\nOther geopolitical factors are pushing Tehran and Yerevan in divergent directions. First, tensions in the Middle East connected with the Israel-Hamas conflict have raised the possibility of awidening of warfareto involve Iranian allies and perhapseven Iran itself. This has prompted Tehran to hedge risks by taking steps to ensure calm on its northern border. Given Azerbaijan’s close security relationship with Israel, the last thing Iran needs is an opening of another front – all the more so as Baku’s hawkish allies in Washington and Jerusalem have consistentlysoughtto weaponize Iran’s sizeable Azeri population against Tehran.\nArmenia also has experienced a rapiddeterioration in relationswith Russia, due to the widespread perception of Armenians that Moscow failed to live up to its security commitments to Yerevan during the most recent phase of the Karabakh conflict. As a result, Armenia is striving todiversifyits foreign partners, in particular Western powers.\nArmenia’s recentlyvoicedintention to apply for membership in the European Union stands to be a lasting irritant in Yerevan’s ties to Tehran. The accession process would require Armenia to make major changes to bring its foreign policy into alignment with Brussels. Among such requirements would be the scrapping of Armenia’s visa-free regime with Iran, and the reorienting of Yerevan’s trade away from the Moscow-led Eurasian Economic Union, with which Iran has signed afree trade agreement.\nThe souring of Armenian-Russian relations sharply contrasts with Tehran’s own strengthening ties with Moscow, a trend driven in part by the development of theNorth-South trade route, which helps Russia mitigate the impact of Western sanctions. The expansion of such trade encourages closer cooperation between Iran and Azerbaijan to facilitate the transit of Russia-bound goods.\nAs two heavily sanctioned countries, Iran and Russia are drawn together by a sense of“inter-pariah solidarity”. Iran hassuppliedRussia with drones that the latter deployed against Ukraine. In exchange, Iran expects Russia to play a vital role inan upgrade of its air defense systems. In 2023, RussiaovertookChina as the main foreign investor in Iran. Conversely, prospects for Iran’s engagement with the West have diminished.\nDespite the warming Baku ties and the diplomatic knuckle-rap of Yerevan, it would be premature to assume that Tehran is intent on altering its Caucasus policy to firmly side with Azerbaijan at Armenia’s expense. Iran does not look at Caucasus geopolitics as a zero-sum game. Iranian officials, for example, still consistently voicesupportfor Armenia’s sovereignty and territorial integrity. Even as Tehran pursues normalization with Baku, Iranian officials are determined to do all they can to keep the country’s tr Last 60 Days of Bitcoin's Closing Prices:* [43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-06 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,331,803,715,550 - Hash Rate: 640501144.9474928 - Transaction Count: 433591.0 - Unique Addresses: 673290.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase Global has announced a partnership with Lightspark to integrate the Bitcoin Lightning Network, a move expected to speed up and reduce the cost of Bitcoin transactions on the platform. The collaboration will see Coinbase leverage Lightspark’s technology for key management and node hosting, enhancing the exchange’s transactional capabilities. The partnership with Lightspark allows Coinbase to address some of the most pressing issues in Bitcoin transactions, such as slow processing times and high fees. In apress release, Shan Aggarwal, Coinbase’s VP of Corporate and Business Development, expressed excitement over the partnership’s potential to break down payment barriers. The Lightning Network, a Bitcoin layer-2 protocol, is at the heart of this integration, providing quick payments that bypass the Bitcoin blockchain’s typical confirmation delays and the 10-minute block processing times.... - Reddit Posts (Sample): [['u/dat9553', 'Bitcoin will be the main store of value for the ultra wealthy', 88, '2024-04-06 00:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', "\n\n[If you're still holding the majority of your wealth in real estates or equities, you need to transfer your wealth in there to Bitcoin while you still can](https://reddit.com/link/1bwvk6c/video/kg8a74i7oqsc1/player)", 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', '1bwvk6c', [['u/Ok_Art_2874', 11, '2024-04-06 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky94jn9/', 'Uh, bitcoin will be one of the stores of wealth, but not the main one', '1bwvk6c'], ['u/nopenope12345678910', 52, '2024-04-06 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky96bkl/', 'Laughs in actually useable scarce commodities, namely Land and natural resources.\n\nLike I get it bitcoin is finite and valuable, but when you have real wealth you likely are investing in much more surer bets.', '1bwvk6c'], ['u/dat9553', 14, '2024-04-06 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky974oh/', "sure, own as much land and natural resources as you can, might be massive headache to manage and protect them since they're far easier to take away from you than 24 words.", '1bwvk6c'], ['u/nopenope12345678910', 13, '2024-04-06 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky99qr4/', 'they said ultra wealthy.... Nothing is really a headache to manage at that level, you have people for that.', '1bwvk6c'], ['u/Prestigious-Agency79', 15, '2024-04-06 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9dl1d/', 'If given the choice j would take $100M of land over $100M of anything else like 9/10 times.\n\nThat 10th time I’d probably waste it on some hookers and blow.', '1bwvk6c'], ['u/NonRelevantAnon', 10, '2024-04-06 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gega/', "I don't know 24 words are super easy to take away when you or your loved one is being tortured. Land they can't just take there are a ton of hoops they have to jump through.", '1bwvk6c'], ['u/NonRelevantAnon', 12, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gk0v/', 'You have no idea how wealthy people manage their wealth. If you do it yourself you are not ultra wealthy.', '1bwvk6c'], ['u/Proof_Supermarket_92', 41, '2024-04-06 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9o6rq/', 'The ultra wealthy and... me.', '1bwvk6c'], ['u/Ystebad', 11, '2024-04-06 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9p33z/', 'Until the govt comes confiscates it and/or taxes it to death', '1bwvk6c'], ['u/xlvi_et_ii', 12, '2024-04-06 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9tg4g/', '> $100M of land\n\n\nUntil the property taxes are due....', '1bwvk6c'], ['u/Nano_gigantic', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya0n13/', 'Real estate is always going to be in higher demand than Bitcoin. You will still need a house to live in, not matter how much adoption Bitcoin ever gets. And people are always going to want a beautiful mansion in a beach. Once you get incredibly wealthy, you want to do stuff with it, then preserve what’s left. Not the other way around', '1bwvk6c'], ['u/LionRivr', 22, '2024-04-06 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya8rma/', 'Not knocking the amazing value of tangible, physical assets such as land and natural resources, however it is arguable that Bitcoin is far more versatile than any physical asset. It can be transported more easily, requires little to no maintenance, is practically more divisible, more liquid, and can technically be converted into literally any asset you want.\n\nMaybe I have been listening to too much Michael Saylor, but for ultra-wealthy levels of wealth, BTC takes the Win for me in most situations.', '1bwvk6c'], ['u/marosszeki', 12, '2024-04-06 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyab1uo/', 'Those are the same picture', '1bwvk6c'], ['u/loblaw-bob', 11, '2024-04-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyanv13/', 'You have to look at the number of homes that are owned by people strictly for investment purposes. The number is high and growing. Once you get to the ultra wealthy they own homes with no one in them just to have assets that keep their value. But homes and properties are expensive between upkeep and taxes. They are also very illiquid. It takes a lot of time to sell a property to get liquid funds. Property is locked in physical space. Narrowing the market you can sell to, and leaving it predisposed to market fluctuations for that particular area. \n\nBitcoin offers a much cheaper way to store value. It can be accessed from anywhere. It can be transferred to anyone in the world, at any tim, 24/7. Christmas Eve at 2am, from Montana to Thailand? No problem. The bitcoin network is running and will see to the secure transaction with no limitation on amount for an extremely cheap fee (relatively). \n\nIt truly is difficult for us to wrap our heads around just how much of massive breakthrough bitcoin is in this regard. And this would be a very good thing for all people of the world. If investors start taking their money out of real estate and putting it into bitcoin the prices of homes will begin to fall dramatically. This will make homes affordable again and younger generations can start to purchase them for their real purpose: to live in. Homes becoming unaffordable is just another symptom of a broken monetary system. Bitcoin fixes this.', '1bwvk6c']]], ['u/AdventurousIceballs', 'Question about computer from 2012 that used to mine BTC', 230, '2024-04-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', 'Hello everyone. I just learned that my Dad used to mine bitcoin on an old computer that we still have. He mined from Feb 2012 to 2014. I have searched the computer for a Wallet.dat file and havent found anything. However, there is a crypto folder from 2012 that I assume is linked to the mining. In it is two other folders named "RSA" and "Keys". In these folders are a bunch of .sys System files with names of random 64 length numbers and letters. 0-9, and a-f. He said that he thinks he used an online wallet. I assume that the website no longer exists, and even if it did there\'s no way he remebers any passwords. Does anyone have any tips to try and find if there\'s any recoverable BTC? I assume that the only way to get it back is to have the private keys but I\'m not sure how to find them. I\'m sure it\'s close to nothing in USD but it would be awesome to see how much he had. Thanks! ', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', '1bwwmz3', [['u/Savik519', 155, '2024-04-06 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky8ynkd/', 'My condolences to your DMs, may they rest in peace.\xa0', '1bwwmz3'], ['u/moon-lambo-now', 389, '2024-04-06 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90ehb/', "Do not answer to any DMs, they are all about stealing your money. And do not copy-paste the keys to any website.\n\nBitcoin private keys are 64 characters long and have 0-9 and a-f. If I were you, I'd download Bitcoin Core, synchronize it with the blockchain and then tried importing the private keys there.", '1bwwmz3'], ['u/Donkeytonkers', 19, '2024-04-06 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90qag/', 'My thoughts exactly, dude just advertised to the world “I might be a multimillionaire/billionaire”. Just created more headaches', '1bwwmz3'], ['u/Ill_Personality_3705', 136, '2024-04-06 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky919th/', 'DONT OPEN ANY DMS, this is for your own good, i really hope you find 100 BTC brother, good luck!', '1bwwmz3'], ['u/AdventurousIceballs', 168, '2024-04-06 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky91ey1/', "Yeah I've already got some bot DM's. But thank you, I will try that.", '1bwwmz3'], ['u/na3than', 68, '2024-04-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky922n3/', "Bitcoin private keys are 256-bit numbers. A 256-bit number is a 64-bit hexadecimal (0-9,a-f) number. Do not share those filenames with ANYONE, and if you haven't already done so, take that computer offline NOW. There's no rush to discover what you may or may not have there, other than getting it offline where it's less of a target.\n\nTake your time and ask detailed questions in public forums such as this (not private messages; anyone who legitimately wants to help you will do it publicly) before you do anything you might regret with that computer.", '1bwwmz3'], ['u/moon-lambo-now', 83, '2024-04-06 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky92iyn/', "Also, if you happen to find a significant sum of money there, get a hardware wallet and move them there. Malware can steal crypto wallets from PC so that's a no-go. Never purchase hardware wallet from ebay/amazon etc, only directly from the manufacturer's website. (The resold/second hand device might be tampered with)", '1bwwmz3'], ['u/SmoothGoing', 12, '2024-04-06 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky93pc1/', "There's no RSA in bitcoin. You found unrelated Windows folders.", '1bwwmz3'], ['u/ucantbm', 10, '2024-04-06 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky97o0w/', 'I want to know what happen please give us News soon', '1bwwmz3'], ['u/Melodic_Gap8767', 21, '2024-04-06 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9c3v4/', 'Please make sure to give us an update on this if anything comes of it, and good luck OP!', '1bwwmz3'], ['u/KeepingThrowAway', 12, '2024-04-06 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9cngu/', 'Bro, I would go buy another hard drive and then clone the one that is in the computer. I mean, if he had like $1 back then, that would be a decent amount today! Better safe than sorry.', '1bwwmz3'], ['u/confuzzledfather', 13, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9gkes/', "First things first. Take an image of the drive. DONT work directly from a 12 year old hard drive that could fail at any moment. If no wallet file, or the key sweeping doesn't work check for pdfs, some wallets from the time like armory had you print of pdfs as paper back ups, so maybe they are still around. Use forensic tools\xa0ike Tails OS to check for deleted files. Check browser related files for histories, passwords etc for mining pools. Get access to your dad's email and search for stuff like wallet, pool, names of pools around at the time etc.", '1bwwmz3'], ['u/Mothy187', 13, '2024-04-06 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9lzu1/', "I have 40 coins from 2012 RIP on a tossed out computer. 2012 gobbled up many people's loot", '1bwwmz3'], ['u/radman430', 12, '2024-04-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9r9g8/', 'One of the first pools around in that timeframe was Slush’s Pool. It was the most popular at the time (I know because it was my first pool). I haven’t looked at it in a while, so I’m not sure if it’s still around, but it could be someplace to start.', '1bwwmz3'], ['u/zombiecorp', 74, '2024-04-06 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9rnnl/', 'I was mining in 2011. Common practice was to join a mining pool.\n\nIf your dad joined a pool ask him to check his emails for payout notices and see if the name jogs his memory. \n\nThen log into the pool and see if there are any coins. I found some when I checked all my old accounts a few years back.', '1bwwmz3'], ['u/a-noble-gas', 48, '2024-04-06 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9tvou/', 'Hi Adventurous Ice Balls. My name is Abdul. I’m a Nigerian prince in need of your help.\n\nMy family has millions of dollars stashed away inside the United States, but we need a computer in order to access the internet. We are most familiar with computers from the 2012 era. \n\nWould you be able to send us your computer, and in return we will reward you with 25% of our family’s fortune?\n\nI will DM you with more information, and the specific address you can send your computer. We thank you for your help in these trying times.', '1bwwmz3'], ['u/One-Hunter6905', 34, '2024-04-06 06:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kya55ul/', "But I've been trying to reach him about his extended auto warranty.", '1bwwmz3'], ['u/Alfador8', 15, '2024-04-06 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kya9g4z/', 'Hard wallets are generally considered cold storage.\n\n\nGot a source for these "exploits" you\'re referring to?', '1bwwmz3'], ['u/Vegetable-Struggle30', 15, '2024-04-06 07:36', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyaagm3/', 'There was huge news about trezor wallets being exploited last year\n\nhttps://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/\n\nAlso hardware wallets and cold wallets are NOT the same thing \n\nhttps://www.ledger.com/academy/hardware-wallets-and-cold-wallets-whats-the-difference', '1bwwmz3'], ['u/Vegetable-Struggle30', 10, '2024-04-06 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyac50m/', "I linked you an article in my original response from ledger that explains the difference\n\nhttps://www.ledger.com/academy/hardware-wallets-and-cold-wallets-whats-the-difference\n\nThe whole point of a cold wallet is to remain...cold. I have a ledger and it requires me to interact with a software frontend to send/receive. If there are already known exploits for hardware wallets when they are connected then that defeats the purpose. With a true cold wallet (like a paper wallet), there's a number of vectors you can use to interact with the blockchain. I personally consider a paper wallet to be more secure because you can physically separate keys", '1bwwmz3'], ['u/tacticalpotatopeeler', 29, '2024-04-06 08:18', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyaeay4/', 'Obviously fake, not enough typos to be a REAL Nigerian prince lol', '1bwwmz3'], ['u/TechCF', 14, '2024-04-06 11:40', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyav3sl/', 'This. I also mined early, and it was pools back then too.', '1bwwmz3'], ['u/bigdk622', 19, '2024-04-06 15:17', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kybh77i/', 'I have 500k in bitcoin but I need $500 in Walmart gift cards in order to retrieve it. For your help, I will send you 25k when I recover the the bitcoin.', '1bwwmz3']]], ['u/Zerohourbetz', 'If you love cardsmiths and GameStop ck this post out', 37, '2024-04-06 02:08', 'https://www.reddit.com/r/Currencytradingcards/comments/1bwxhjt/if_you_love_cardsmiths_and_gamestop_ck_this_post/', 'Yall we were the ones that pulled the btc. Cardsmiths let me write our article and post it and thus far it’s been seen over 20k times.\n\nShow the company some love and video will follow soon.\n\n', 'https://x.com/defilife_ape/status/1776066770786202023?s=46', '1bwxhjt', [['u/EvilBeanz59', 10, '2024-04-06 02:21', 'https://www.reddit.com/r/Currencytradingcards/comments/1bwxhjt/if_you_love_cardsmiths_and_gamestop_ck_this_post/ky95lk8/', 'Hell ya!!!\n\nCongratulations!!!', '1bwxhjt']]], ['u/Chiliaddd', 'Neuroticism acting up. Tried so hard to convince my family to buy bitcoin.', 53, '2024-04-06 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/', '\nI entered the market in June 2021, and when Bitcoin went crazy late 2021, many people followed me after I shared my knowledge about it. However, as you can see, altcoins became popular, and I, too, was in altcoins for a bit too long. I made some crazy gains, but held slightly too long, so I also lost quite a bit of money. In March 2022, I moved all of the altcoins to Bitcoin, but by that time, no one believed me anymore. When I mentioned that I stepped out and they should too, they were surprisingly doubtful of Bitcoin and thought it was either their altcoins or no coins.\n\nFast forward a year later, I am thousands of hours deep into the hole. I know so much, yet still so frustratingly little; the current study I am nearly finishing has been almost neglected. Architecture and engineering are incredibly beautiful and important subjects, but Bitcoin just felt more interconnected with everything. More fundamental to our society. And if you don\'t believe this, it certainly is still such a no-brainer, considering gold\'s current valuation/market cap (empirical evidence) and Bitcoin outperforming gold in any characteristic seen in money (rational evidence)\n\nAnyway, you can imagine, at this point, I was trying my best to convince them. And of course... everyone around me doubted bitcoin. \n\nI tried so hard to convince my family, especially my older brother. I gave all the evidence I possibly could, I tried explaining as much as they\'d let me, showed videos about Goldman Sachs bankers discussing the asset, explained its close relevance to gold and how logically Bitcoin fits in the grand scheme of things (like the invention of the internet, the computer, the transistor, the steam engine). But also how it fits in terms of the development as money, like Rai stones, beads, grains, bronze. Even how today\'s computers already operate the digital banking space, and that Bitcoin\'s security is magnitudes greater than any bank in existence. Then I tried explaining economics, the austrian school of economics in particular. I tried explaining how the best technology usually beats its weaker competitors, I tried everything. I tried showing the technical analysis side of things, how you should view bitcoin on a logarithmic graph, how the current "risk to reward" ratio has never been better than at any point in bitcoins history, I tried fucking __everything__.\n\nOn top of that, I\'m the only highly educated person in my household, too.\n\nYet, no one believed me.\n\nReflecting on all this, and coming to the reason why it makes me sad: they all completely lost trust in my ability to define the truth. Right now, I\'ve been feeling in a low mood for quite some time, despite doing well financially. I thought I would just write it off and perhaps make something out of it that\'s worth reading. Anyway, thanks for reading and perhaps let me know your thoughts or experiences, or tell me why I was naive to do this so others can learn.', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/', '1bwxo3g', [['u/Late_Review_8761', 52, '2024-04-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky965c2/', 'You can lead a horse to water, but you can’t make them drink.', '1bwxo3g'], ['u/FrontBass3942', 12, '2024-04-06 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky982mt/', '“Do not CAST your pearls before swine”. Good advice \xa0\xa0', '1bwxo3g'], ['u/snorkage', 31, '2024-04-06 02:41', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98q2j/', 'Your problem was trying to convince people. Respect their lack of interest and move on.', '1bwxo3g'], ['u/Synsinatik', 214, '2024-04-06 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98tdy/', "Don't try to convince people to buy bitcoin. You're not a financial advisor and people should make their decisions to buy bitcoin because they themselves have looked into it and decided it is for them. If they buy because of you and it goes badly, you'll be the one to blame and pressuring or trying to convince people to spend their money in specific ways is a quick way to lose friends and alienate yourself.", '1bwxo3g'], ['u/Nyanzerfaust', 62, '2024-04-06 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98xj0/', 'If you are the only "highly educated" person in your household guess who are they going to blame after their first -20% correction/crash if they buy. Seriously, stop doing this. You are going to lose friends and even family over an investment. It\'s not worth it. If they ask, fine! teach them, otherwise, keep quiet about your bitcoin.', '1bwxo3g'], ['u/danielllegover', 11, '2024-04-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9cenn/', 'Stop trying to convince people to buy … I don’t understand these stupid ass posts', '1bwxo3g'], ['u/drKRB', 41, '2024-04-06 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9jezz/', 'This. People have to make their own choices. Focus on your own goals.', '1bwxo3g'], ['u/TheLelouchLamperouge', 18, '2024-04-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9mz2i/', 'Put some bitcoin aside for therapy, speaking about this behavior specifically.', '1bwxo3g'], ['u/Nznemisis', 11, '2024-04-06 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9niws/', 'But this is a sentence.', '1bwxo3g'], ['u/KiwiSocialist', 85, '2024-04-06 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9tbps/', 'You’re the only “highly educated” person in your household huh buddy? You sound absolutely insufferable.', '1bwxo3g'], ['u/StockGuy12347', 14, '2024-04-06 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9w1va/', 'What you don’t get is what if they believed you and you were wrong? Nothing in life is 100%. You tried to convince them to push your own agenda. Just stack and keep to yourself.\xa0\n\nWhy is it so important here to convince to people to buy Bitcoin?\xa0', '1bwxo3g'], ['u/LongAdministrative58', 11, '2024-04-06 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9yv8r/', 'Read that back and try to find the issue.', '1bwxo3g'], ['u/Latter_Box9967', 18, '2024-04-06 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/kya13hc/', 'Never give family financial advice.\n\nNever give family technical assistance with their printer. \n\nadvice like “you can get a better home loan rate here”, or “I think that’s a bad property to buy as a home because it’s a holiday rental block of apartments”, or “a car is a depreciating asset” is fine, but telling people what to buy will always be your fault if it turns sour.', '1bwxo3g'], ['u/QUEEENBEEF', 24, '2024-04-06 06:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/kya35hi/', 'Jesus Christ you sound exhausting. At some point I wouldn’t care if you were just giving me free bitcoin that rate just shut the fuck up', '1bwxo3g']]], ['u/Fun_Paleontologist_2', 'Tell me why MSTR boys are not buying any HUT', 11, '2024-04-06 02:28', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/', 'Disclosure - I own both, in about equal proportions. A month ago I had 0% HUT. I own no BTC ETF.\n\nMSTR and HUT are both companies with a large portion of balance in BTC. \nBased on data from [https://bitcointreasuries.com/](https://bitcointreasuries.com/) \nMSTR - 214426 BTC, MC 24.4 billion, Bitcoin/MC = 0.00000878075 or 8.7 x 10\\^-6 \nHUT - 9102 BTC, MC 0.8 billion, Bitcoin/MC = 0.0000113775 or 11.3 x 10\\^-6.\n\nBoth are profitable companies (not a large player in their market cap) based on last earnings \nBoth are shorted substantially. \nHolding HUT stock actually pays out from lending out shares (interest rate 24%) vs. MSTR (interest rate 0.4%)\n\nHUT CEO stated that they are not diluting shares unlike other miners. HUT CEO has shares release based all on performance at 3 years (based on share price increase up to 300%).\n\nBased on the above it seems like a no brainer to buy some HUT. Other thoughts?', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/', '1bwxxh8', [['u/Delicious-Pay-69420', 19, '2024-04-06 02:33', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/ky97g84/', 'Because this group doesn’t believe in a second best', '1bwxxh8']]], ['u/yousoez4me', 'The most difficult part about knowing Bitcoin deeply', 45, '2024-04-06 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/', 'Is not talking about it to close friends and family. ( I stopped doing this thing late 2023) \n\nI am not talking about the financial gain. I am talking about the BITCOIN Core Concept.\n\nIts like ARK 100% , u know what it is, u know what will happen and no matter how much you convince them and show them evidence, its like nothing is going to work and when it does work all what they think about is financial gain.\n\nI get it. financial gain is very important and I made a good margin. But I am not happy nor I am sad and it did not change a thing about how I think about bitcoin\n\nGuyz u need to understand that there is many many many people who are willing to sacrifice 10-20% of their wealth if they can store it into something that can keep it value, imagine those people know about bitcoin. \n\nI am talking about people who keep Gold bars into basement, I am talking about people who do not trust the bank with more than 5% of their wealth since ages. \n\nBelieve me we are so so early . \n\n', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/', '1bwyjxm', [['u/DrSpeckles', 18, '2024-04-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9mxfn/', 'Actual wealthy people have seen it all before, and are perfectly happy to turn 50m this year into 55m next year. They have no need for a high risk asset. This doesn’t make them dumb, just old and wise. If in 10 years time bitcoin is still doing well they may add it into the mix.', '1bwyjxm'], ['u/mylittlegoochie', 16, '2024-04-06 05:12', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9u5v6/', 'You sound delusional and post like these makes me question Bitcoin', '1bwyjxm'], ['u/BatHistorical8081', 34, '2024-04-06 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9v3vu/', 'Lol jesus bro go outside lol', '1bwyjxm'], ['u/reality_comes', 23, '2024-04-06 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9yr7r/', "1. You don't know shit about fuck. \n\nIt's best guesses and hopium.", '1bwyjxm'], ['u/Soi_Boi_13', 13, '2024-04-06 07:03', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kya75iy/', 'What does knowing Bitcoin “deeply” even mean?', '1bwyjxm'], ['u/LionRivr', 19, '2024-04-06 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kya9h1x/', 'I agree with OP. I think OP is on Michael Saylor level of epiphany and conviction. \n\nWell even then it’s not “conviction”.\n\nIt’s just straight logical. \n\nThe comments in this thread show that most people have a poor frame of reference when it comes to world history, geopolitics, and macroeconomics on a global level. You really would have to understand the problem with the current economic systems and central banks and fiat currency to really grasp a glimpse of why BTC truly is the answer to the economic cyclical problem civilizations have had for centuries.\n\nEither that or it still conflicts heavily on their 1st world viewpoint from how they were raised to everything they were told growing up. \n\nEither that or I need to go touch some fucking grass and breathe some fresh air.', '1bwyjxm'], ['u/imagine_midnight', 17, '2024-04-06 08:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kyah9vi/', 'I think it means in the biblical sense', '1bwyjxm'], ['u/YoushutupNoyouHa', 18, '2024-04-06 10:56', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kyarlg3/', 'he touched bitcoin inappropriately', '1bwyjxm']]], ['u/SpecialistPlace6155', 'Thinking about investing $2k in Kaspa ', 33, '2024-04-06 03:04', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/', 'I found out about Kaspa in the beginning of this year by a ‘Bitcoin’ guy on YouTube I used to watch a lot, he always agreed that Bitcoin was superior and would never hold anything else, then he said this might be similar to Bitcoin in some ways? Is this true? What are there differences and similarities?Did Kaspa do better numbers in there launch than any other coin out there?Do you guys think this amount is well enough investment for a ‘long term hold’? 2-3years? This community is nice and it seems that Kaspa is a GEM🔥 \n', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/', '1bwyotj', [['u/philgustus', 14, '2024-04-06 03:17', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9dzkg/', 'Kaspa outperformed btc in 2023', '1bwyotj'], ['u/mrhaze000', 16, '2024-04-06 03:33', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9gcpk/', 'Stop thinking and LFG Kaspa is gonna explode.', '1bwyotj'], ['u/Skepticslowpoke', 14, '2024-04-06 04:08', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9la6t/', 'Buy kas, it will be the best decision of your life', '1bwyotj'], ['u/BingoBango89', 10, '2024-04-06 04:24', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9nkxo/', "Yes, do it! I stared with 3k & have been DCAing the whole time. Will continue to do so until it doesn't make sense to do so. \n\nDo these things & decide for yourself.\n\nCheck out their website & white paper.\n\nCheck out the Kaspa discord.\n\nJoin this sub.\n\nSubscribe to the Kaspa, & Kaspa Silver YouTube channels.\n\nLearn as much as you can before pulling the trigger. I think the more you learn from doing your own research the more you'll want to buy. It's still at a fantastic price btw!", '1bwyotj']]], ['u/BellyUpFish', 'My kid just handed me $11.35..', 574, '2024-04-06 04:07', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/', 'And wants to “make money with it…”\n\n“Can I buy some Bitcoin?”\n\nSo, we started talking about it and I’m tempted to just let her throw it at Bitcoin for the heck of it, but before I did, are there any emerging Crypto’s worth looking at? 😂 ', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/', '1bwzyzh', [['u/boisvertm', 612, '2024-04-06 04:43', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9q6zt/', 'I think its a great idea to support her in throwing $11.35 into Bitcoin. It\'s not life changing money and she will learn lessons about investing. Do not get sucked into the cesspool of "emerging cryptos". Its better to support her investing ideas than to give her your own idea (another crypto).', '1bwzyzh'], ['u/BellyUpFish', 168, '2024-04-06 04:47', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9qt5f/', 'Good points. I was considering a different Crypto simply to show her the performance better since I already own Bitcoin, measuring the performance of $11.35 would be a math lesson as well, I guess. 😆', '1bwzyzh'], ['u/No-namebandit', 68, '2024-04-06 04:48', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9qya2/', 'Nice my youngest 10 y F she puts 10$ a week 1/2 her allowance into bitcoin…has her own wallet in all', '1bwzyzh'], ['u/BellyUpFish', 29, '2024-04-06 04:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9r443/', 'I should really set my kids up with their own wallets.', '1bwzyzh'], ['u/SeoulGalmegi', 278, '2024-04-06 05:36', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9x9ld/', 'Put her 11.35 into Bitcoin and invest 11.35 of your own in a different crypto, and compare at regular intervals.', '1bwzyzh'], ['u/oscillato', 10, '2024-04-06 05:44', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9ya1q/', "Tell her to buy ETH, it is better for the environment as a transaction ledger compared to Bitcoin. If I'm not mistaken, Bitcoin can fundamentally never become as low in emissions because they are married to the proof-of-work model.\n\nYou should also tell her that cryptocurrency is a volatile asset and should never make up more than 10% of an investment portfolio.", '1bwzyzh'], ['u/potificate', 13, '2024-04-06 05:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9ysex/', 'Absolutely… if possible, maybe even set up a joint account on an exchange to teach her all the mechanics of investing. Maybe even match her investments as a show of support.', '1bwzyzh'], ['u/neglectyourhair', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya0ndl/', 'The kid might be too young to do ether', '1bwzyzh'], ['u/JrSmithsHenny420', 88, '2024-04-06 06:10', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya1ct3/', 'Match their investment as long as they promise to invest once a month and you’ll continue to match', '1bwzyzh'], ['u/bobtheorangutan', 13, '2024-04-06 06:42', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya4xsq/', 'Meth then', '1bwzyzh'], ['u/Criss_Crossx', 93, '2024-04-06 06:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya5pmv/', "In addition I would throw something like $100 in on her behalf to a secondary account without mentioning it. Keep a wallet you invest in for her future.\n\nThat is, anything additional you decide. Could be a different type of investment account or S&P500 too, up to you.\n\nMy parents saved some money for me, which paid for a computer, 1 semester of college, and a cheap car. Looking back I wish I had managed those funds better. Wish they didn't just hand it over without some reasonable terms.", '1bwzyzh'], ['u/creeperstew', 39, '2024-04-06 07:11', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya7yes/', 'This is the only way I believe that the child will see value in investing at first, otherwise they would quickly lose interest in putting their money away', '1bwzyzh'], ['u/Usual_Leading279', 11, '2024-04-06 07:44', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyab845/', 'Your child comes to you for investment advice and you want to buy shitcoins with her money!', '1bwzyzh'], ['u/getwreckednoob13', 20, '2024-04-06 10:05', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyanixs/', "You either win or lose all your money at the casino. You're not going to lose all your money in bitcoin. Bitcoin is cyclical. It will have a major bull run and a major bear market. But in the long run, it always go higher in price.", '1bwzyzh'], ['u/friendlyfitnessguy', 35, '2024-04-06 13:19', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyb3jyd/', "How the hell are some people so mature? Both your parent's for saving you money, and you for spending it properly. Kudos all-round.", '1bwzyzh'], ['u/PayPerTrade', 27, '2024-04-06 15:18', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kybha7f/', 'Computer, college, car - that’s not frivolous spend for a young adult getting on their feet', '1bwzyzh'], ['u/GoldAcrobatic', 93, '2024-04-06 15:21', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kybhoun/', 'If my parents let me do that when I brought it up to them in 2013 my life would be so much better.', '1bwzyzh'], ['u/vlosh', 10, '2024-04-06 18:09', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyc7s6b/', "Wanted to buy 2BTC when they were at $500 and asked for my FIL's credit card because I didnt have one. I had the money in cash to give to him immediately, of course, but he said he didnt think BTC was legit and I would never get the money back so he wouldnt let me invest it. :(\n\nWell, we always need to keep in mind that we probably wouldnt have held it til now. I'd likely have held it for a while, but not past $5k per coin. $10k would be nice to have, but not life changing!", '1bwzyzh']]], ['u/Mrshanesilver', 'So Bitcoin can go from $1 to $70,000 but….', 173, '2024-04-06 04:53', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/', 'There are people who think if silver does a 10X to $250 it means the world has collapsed. The media has done their job that is a certainty. Not only does $250 silver not portend a world ending event, $250 would still be below the fair value. Let’s call silver a widget. If there are only so many widgets in the world and more people want one than exist the only direction for price is up. That’s economics 101. Now if EVERYBODY wants a widget the price will be whatever the owner decides. Of course if an unlimited amount of paper widgets are created the price will be held in check. Once people catch on they aren’t getting one and demand delivery of the physical item there is no holding price back. ', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/', '1bx0wju', [['u/New_WRX_guy', 15, '2024-04-06 05:11', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9tys9/', 'Silver is a real asset with known uses and a long price history.\n\nBitcoin is a meme/gambling e-token with no real world usage. It has both more upside and downside than silver.\xa0', '1bx0wju'], ['u/beachdreamer1', 19, '2024-04-06 05:14', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9ucto/', "Agreed. When silver shot up to $50 (10x what I paid for some of mine) in 2011 the world didn't collapse and most people didn't even notice. Silver going to $250 will be similar but may get more attention.", '1bx0wju'], ['u/The_og_habs729', 10, '2024-04-06 05:26', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9vx9h/', 'If silver even goes 5x the banking system blows. Jp morgan has made so much paper silver.', '1bx0wju'], ['u/The_og_habs729', 17, '2024-04-06 05:27', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9w25l/', 'The only reason it stopped wss jp morgan introduced a whole bunch of paper silver.', '1bx0wju'], ['u/VeryQuiet1', 11, '2024-04-06 05:30', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9wefl/', 'There’s 1.7 million metric tons of your widgets . And they continue to produce more daily .', '1bx0wju'], ['u/PreciousMetalRefiner', 13, '2024-04-06 06:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kya0ief/', 'Not really, much of it is recycled, ask me how I know.', '1bx0wju'], ['u/PortelloKing', 50, '2024-04-06 06:20', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kya2i9h/', "You seem to be forgetting that Bitcoin has no physical use in the real world. On the other hand, silver is used in almost every electronic device in the world. So yes, a high silver price would be a problem for the entire economy. But high Bitcoin doesn't impact anything in the world physically.", '1bx0wju'], ['u/Additional_Ad_4049', 11, '2024-04-06 07:53', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyac3or/', 'That’s pure speculation, I doubt silver going to $150 would blow up the banking system. If it did, that’d be awesome because the banks should’ve gone under in 2008 and they are corrupt as hell.', '1bx0wju'], ['u/OvulatingAnus', 11, '2024-04-06 08:17', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyae948/', 'If silver is so valuable in modern society why is the price so low? Besides, modern electronics use a miniscule amount of silver.', '1bx0wju'], ['u/fs1987', 36, '2024-04-06 09:33', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyaktxy/', "Everyone always brings this up. But I dont buy it. There is apparently 0.34g of silver in an iPhone for example. \n\nFor the sake of being conservative. Assume there is 1gram of silver in some electronic item. At today's price thats 0.87 usd per gram. If silver went 10x as you say (I agree it should), that electronic item will now cost the company 8.7 usd more to produce. Would you not still buy that product if they increased the value by 10 usd? Ofcourse you would.\n\nSo really price of silver is negligible in electronic costs comparing it to inflation or maybe increase in oil prices etc...\n\nThe big factor is when silver goes up in price it would mean most likely in the short term, that demand is much higher than supply. And hence companies wouldn't be able to produce goods or would need to find alternatives/substitutes to silver (cheaper ones) due to having a hard time sourcing the metal.\n\nHence why we gonna be diamond hands till the price stabilizes at fair value. \n\nMy 2 cents", '1bx0wju'], ['u/mementoil', 10, '2024-04-06 12:11', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyaxnqg/', "An average smartphone contains about 100mg of silver, which costs about 8.8 US cents at today's price. If the price goes to $250 an ounce, that silver would cost 80 cents. Still a negligible sum compared to the price of the device.", '1bx0wju'], ['u/jons3y13', 15, '2024-04-06 14:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybdrxg/', "Seems we have no problem putting hundreds of pounds of silver and every rare earth and blowing it up. Too bad if 500 silver is an inconvenience. Look at cocoa right now. I still see chocolate everywhere. Frankly, I give 2shits if everything electronic cost 25 dollars more. Time for Americans to realize the end of cheap everything is here. Prepare accordingly, or don't. Plant a garden too. NA", '1bx0wju'], ['u/outta_options', 11, '2024-04-06 15:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybfalw/', 'Wonder what the slogan we be when we start eating ze bugs in exchange for dietary units', '1bx0wju'], ['u/GuardBackground4010', 13, '2024-04-06 16:17', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybplz0/', 'Just buy silver and shut up', '1bx0wju']]], ['u/Berlin_2256982137', 'Med Beds Skye Prince', 403, '2024-04-06 05:07', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/', 'Oh man I’ve got a doozy of a story on this one.\nToday I have gotten into contact with Skye Prince and found out some information about this whole thing works. I pretended to be someone requesting information and med bed services. I gave a fake name and info. She requested money from me for registration fee and $9000 fee for the first service. It would’ve costed more but she wanted to help me and gave me a deal 😉 I spent the day leading on this person, troubles with bitcoin and then requesting her info for a money transfer which was provided. She gave me an address and phone number and banking information which I was supposed to send the money to. By this time I was ready for the jig to be up…. But that’s when it really started. I told her that there was a man from the bank named cliff that wanted to talk to her to prove the legitimacy of the transaction (all fake obv) well she wouldn’t talk and refused to saying she was live on the air. Anyways I called the number and reached someone totally different. Turns out it was the number of a woman who was in her grasp and being manipulated by her. I had a 2 hour phone call and learned that Skye had gotten $21k from her since Dec 2021. We talked and I got phone numbers who she was in contact with and were caught up either scamming others or being scammed themselves, it reaches from San Diego, Toledo, Missouri, Denver, Geneva Switzerland, Portugal, southern Spain and Australia so far. I want to try and get information and follow the clues to uncover this person and stop them from taking money from vulnerable people.\nBtw the banking information Skye gave me was to the scammed woman’s bank account. Bank is being contacted and I have explained that this woman needs to report all information she has and to switch her accounts. If anybody has uncovered anything please send me a message\n\nThanks ', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/', '1bx16nc', [['u/ahhh_ennui', 150, '2024-04-06 06:00', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya06s4/', "That's amazing. GOOD FUCKING JOB!", '1bx16nc'], ['u/Oddityobservations', 66, '2024-04-06 06:25', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya2zp4/', 'It is saddening to consider how much she may have stolen.', '1bx16nc'], ['u/numb3r5ev3n', 105, '2024-04-06 07:05', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya7dbk/', 'Social Engineering for goodness.\n\nThis is amazing work. Skye needs to be shut down.', '1bx16nc'], ['u/Wooderson316', 17, '2024-04-06 07:07', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya7j8r/', 'I appreciate your courage.', '1bx16nc'], ['u/aquantityofwater', 11, '2024-04-06 07:15', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya8dsq/', 'Holy shit! Great work so far!!', '1bx16nc'], ['u/AnimalMommy', 33, '2024-04-06 07:16', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya8gsv/', 'I bow to you. You are a hero. Thanks for your good work. We need more people finding these grifters and taking them down.\n\nHow many innocents must have lost their savings to this grifter. So sad.', '1bx16nc'], ['u/SeashellGal7777', 14, '2024-04-06 07:38', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyaan7i/', 'Excellent! We need to infiltrate all of their social media and scams. I’m in!', '1bx16nc'], ['u/bigwhaleshark', 24, '2024-04-06 07:38', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyaanhz/', "She gave the contact info of another mark to someone she thought she was grifting?? She must really think she's untouchable. Hopefully she sees a jail cell in the future.", '1bx16nc'], ['u/Nerpy_Derpster', 64, '2024-04-06 07:43', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyab4cn/', "Good work. \n\nHowever, be aware that there are also a lot of people impersonating Skye Prince.\n\nDon't get me wrong, I think Skye is either mentally ill or preying on desperate people (heck, why not both?) But there are also many others out there in cashing in on her name.\n\nBringing any of them down can only be a good thing. It's a bit like battling a hydra, though ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Attendance is down, but enthusiasm is up at Hong Kong\'s Web3 Festival this year amid sky-high bitcoin prices that have helped draw in an even greater proportion of overseas participants compared with last year.\nThe vast majority of participants - an estimated 80 per cent - came from outside Hong Kong, said Deputy Financial Secretary Michael Wong Wai-lun on Saturday in his opening remarks. The 2024 conference has seen more exhibitors from Europe and the US specifically, according to Lu Weiding, CEO of Wanxiang Group, which owns the event organiser HashKey Group.\nAs Hong Kong forges ahead with its push to transform into a major crypto hub, it has been attracting more Web3 events to the city and trying to bring in big-name speakers. Investor Cathie Wood, founder of US funds manager ARK Invest, was the most high-profile speaker at this year\'s Web3 Festival, although she dialled in remotely for a video chat. She praised Hong Kong\'s regulatory efforts and suggested the US is lagging behind.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane alt=ARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane>\n"We are very impressed with what [Hong Kong] has done in providing a comprehensive regulatory framework for exchanges and institutions from a custody point of view," Wood said in an onstage interview with HashKey Capital. "This regulatory clarity is critical, we think, to enabling the proliferation of the technology faster perhaps in Hong Kong than in the United States."\nWood encouraged businesses in Hong Kong to take advantage of existing regulatory arbitrage as a "global opportunity". She also offered an extremely optimistic view of where the price of bitcoin is headed: US$1.5 million by 2030. Its record price was more than US$73,000 on March 13 and currently sits around US$68,000.\nThis year\'s Web3 Festival started shortly after the conclusion of the WOW Summit and the Liquidity 2024 Institutional Digital Asset Summit, which both dealt with crypto-related topics. Even more events are planned for later this year.\nMay will see both Wiki Finance Expo and Bitcoin Asia, and Chainlink will host its SmartCon event in Hong Kong in October. CoinDesk - recently acquired by crypto exchange Bullish, which has strong ties to the city - will bring its major Consensus conference to Hong Kong next year.\nStill, the flood of events risks dividing attention, especially with so many other major events taking place in other locations. Token2049 - which holds its flagship event in Singapore and once took place in Hong Kong - is hosting its Dubai conference in two weeks. Paris Blockchain Week is also this week, and ETH Seoul was the last three days of March.\nWith other events clustered so closely together, the Web3 Festival was smaller in scale than last year, which happened a few months after Hong Kong announced it\'s big crypto push.\nThe event this year covers less area in the Convention and Exhibition Centre in Wan Chai, and it has fewer exhibitors, according to HashKey Exchange CEO Livio Weng. However, the event has more sponsorship revenue than last year, and there are more side events, he said.\nHong Kong has maintained its commitment to trying to draw the crypto industry to the city after a number of high-profile scandals and collapses in 2022 and 2023. A mandatory licensing scheme that took effect last year was meant to provide regulatory clarity to make the market more attractive. It has drawn24 applicants so far.\nThe city is also moving toregulate stablecoinsandover-the-counter cryptocurrency shops. Many are anticipating the approval of spot bitcoin ETFs, as well.\n"Hong Kong remains the most exciting global opportunity anywhere for a firm wanting to build a virtual assets business or invest in virtual assets," said Sean Lawrence, head of Asia-Pacific at crypto data provider Kaiko. The city\'s advantages include supportive and clear policy directives, a talent pool with experience in traditional finance, and capital to be allocated to virtual assets, he added.\nHowever, he noted that entrepreneurs and investors should be "prepared to commit significant time, money and effort", which are necessary to build consumer-protected, sustainable businesses in Hong Kong.\nThis article originally appeared in theSouth China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore theSCMP appor visit the SCMP\'sFacebookandTwitterpages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved.\nCopyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Investors should keep their eyes on these bestpenny stocksto buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.\nAnother great thing is that these companies often have tiny market caps and cheap valuations, so the prospects of hitting a multi-bagger is perhaps the highest for these types of investments.\nOf course, the flip side is that many penny stocks also carry a heightened risk of failure, as these smaller companies may lack the resources, management expertise, or competitive advantages to sustain long-term growth.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith that said, here are seven of the best penny stocks to buy for April. These companies have that magic mix of advantages and low valuations that make them attractive for investors of various risk tolerances and time horizons.\nSource: Postmodern Studio / Shutterstock\nTaboola(NASDAQ:TBLA) operates in the online advertising space, having gained recognition for its content recommendation platform and its deal withNBCUniversal News Group.\nI believe that TLBA could be one of those best penny stocks to buy in April for a few different reasons. Analystsview TBLA’s future positively, expecting a 33% revenue growth in 2024 to nearly $2 billion. A $100 million share buyback program has also been authorized.\nThe company itself isforecasting substantial growthacross key metrics. The company expects revenue from its main operating segments to grow by 25% compared to 2023, with adjusted EBITDA expected to exceed $200 million and free cash flow projected to surpass $100 million.\nTBLA could be a great pick for investors who want to invest in a developing advertising company without paying for a steep valuation. Therefore, it’s one of those best penny stocks to buy in April.\nSource: Shutterstock\nNew Gold(NYSE:NGD) is a Canadian-based gold mining company with multiple projects.\nGold has always been a favorite of mine as a precious metal to invest in due to its lack of correlation with traditional risk assets, but NGD stands as a promising penny stock to invest in on its own while preserving some of Gold’s uncorrelated properties.\nThe company has a number of investments planned for this year. These investments are expected to underpin free cash flow generation,with a notable increasein gold production projected at the Rainy River Mine to between 250,000 and 280,000 ounces.\nFinancially, NGD’s performance in2023 laid a strong foundation, with revenue growing to $786.5 million from the previous year. The increase was primarily driven by higher sales volumes and gold prices, although partially offset by lower copper prices.\nNGD could then be a great option for those who want exposure to precious metals.\nSource: naulicrea / Shutterstock.com\nBit Digital(NASDAQ:BTBT) is engaged in the cryptocurrency mining sector, focusing onBitcoin(BTC-USD) production.\nBitcoin will continue to be a strong winner in my opinion, and I think that after a pullback this April following the upcoming halving event, it could continue its rapid capital appreciation as institutional investment continues to pour into it. Small miners like BTBT could then lend themselves to significant returns.\nIn 2024, BTBT plans to focus on enhancing itsEthereum(ETH-USD) treasury holdings through the conversion of mined bitcoin into ETH for staking. For January 2024, BTBT reported the production of 145.7 BTC, a decrease from the previous month, with an active hash rate of approximately 2.50 EH/s.\nThe company’s digital asset holdings, including BTC and ETH, were valued at approximately $74 million, with cash and equivalents of $22.6 million. BTBT’s staked ETH earned a blended APY of about 3.69%, yielding approximately 38.7 ETH in rewards for the month.\nThis backdrop and its war chest of crypto make it one of the best penny stocks to buy in April.\nSource: Wright Studio / Shutterstock.com\nFuture FinTech Group(NASDAQ:FTFT) works in the blockchain and fintech industries catering to a global clientele in the e-commerce sector.\nThe company’s main business includes an online shopping platform, Chain Cloud Mall (CCM), based on blockchain technology. FTFT has expanded into financial services and cryptocurrency market data services.\nFor the third quarter of 2023,FTFT reported an earnings per shareof negative 16 cents marking a 36% improvement compared to the same period the previous year, where the EPS was negative 25 cents The total earnings for the quarter were approximately -$2.49 million.\nThe reason I think FTFT could be a long-term winner is that its CCM platform is one of the most disruptive in the industry, andgives people an alternativeto the big name brands. The fintech industry is expanding rapidly, and I believe that investors should have exposure to this sector for long-term gains.\nSource: casa.da.photo / Shutterstock.com\nGerdau(NYSE:GGB) is a steel producer with operations spread across various sectors such as civil construction and automotive. The steel industry heavily relies on the health of the Chinese economy to fuel its expansive construction projects.\nI’m bullish on China, notwithsanding some short-term setbacks, as it hasnow shown some signs of recovery.\nThe companyclosed the second quarterof 2023 with an adjusted EBITDA of $3.8 billion, marking one of its best historical results for the period, despite a slight decrease in shipments of steel.\nDespite this, GGB’s P/E ratio is below the US market average, indicating good value compared to peers and industry.\nGGB stock is then one of those best penny stocks to buy due its valuation, as well as the fact that it gives investors some indirect exposure to China’s continued rise as an emerging economy through its healthy appetite for steel.\nThe projected one-year price target suggests a potential upside of 19.16% from its current price, setting the target at $5.10.\nSource: JHVEPhoto / Shutterstock.com\nGenworth Financial(NYSE:GNW) is an insurance holding company offering products like mortgage insurance and long-term care insurance.\nIn the fourth quarter of 2023, GNWexperienced several financial shifts, notably in its long-term care insurance and life and annuities sectors.\nThe company reported an adjusted operating loss of $151 million in long-term care insurance, a decrease from a $204 million income in the same quarter of the previous year.\nIt also announced a significant $350 million share repurchase authorization in July of the previous year. GNW plans to invest approximately $35 million in 2024 in CareScout services, aiming to drive long-term growth for its offerings.\nI think that GNW could be one of those penny stocks to buy in April, primarily due to management’s strong conviction that its shares are undervalued, evidence through the share repurchase, as well as being n undervalued insurance company in its own right when compared with its peer companies.\nSource: Postmodern Studio / Shutterstock\nTransocean(NYSE:RIG) is a major player in deep-water and ultra-deep-water drilling with a global operational footprint.\nRIG entered 2024 on asomewhat positive note, with a narrowed net loss in Q4 2023 and a robust backlog. RIG reported an adjusted EBITDA of $122 million and a margin of 16.3%.\nThe company’s backlog stood at $9.01 billion. Meanwhile, its management noted the addition of $3.2 billion to the backlog during the quarter and highlighted the delivery and commissioning of two eighth-generation drillships.\nThis backdrop is enough for me to recommend RIG and one of the best penny stocks for investors to scoop up in April this year.\nThe stock has also seen an increase in value, rising 5% from the start of 2024 to the recent trading price. Analysts set a 12-month price target with an average expectation of $8.06, indicating a potential upside of around 20.9% from its current trading level\u200b.\nOn the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to theInvestorPlace.com Publishing Guidelines.\nMatthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe 7 Best Penny Stocks to Buy in April 2024appeared first onInvestorPlace.', "New York City, NY, April 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) and Ethereum (ETH) find themselves locked in a struggle to regain their footing amidst market uncertainties, while an emerging player,Furrever Token (FURR), steals the spotlight with its remarkable presale success. Despite Bitcoin and Ethereum's challenges, characterized by fluctuating prices and ongoing recovery efforts, Furrever Token's rapid ascent, amassing over $660,000 within a month, underscores the shifting dynamics in the crypto landscape. As investors navigate through these contrasting trajectories, the rise of Furrever Token signals a potential paradigm shift, offering a compelling narrative of innovation and opportunity in the ever-evolving digital asset space.\nBitcoin Struggles for Recovery Amidst Market Challenges\nBitcoin (BTC), the pioneering cryptocurrency, continues to grapple with recovery efforts amidst a challenging market landscape. With the current price hovering around $66,670, representing a modest 1% increase from yesterday's levels, BTC finds itself trapped in a struggle to regain momentum. Following its meteoric rise to record highs exceeding $73,000 in March, Bitcoin has encountered a period of consolidation within a narrow trading range.\nThis downtrend aligns with broader market weaknesses observed in the U.S. stock market and other risk-driven assets at the onset of the second quarter. The waning capital inflows into recently approved Bitcoin exchange-traded funds (ETFs) further underscore a subdued sentiment prevailing in the crypto space. While ETF approvals served as a catalyst for Bitcoin's earlier bullish trajectory, diminishing enthusiasm suggests a loss of momentum in this trend. Market attention now pivots towards the impending release of nonfarm payroll data, slated for later in the week, which is poised to influence U.S. interest rate expectations. A scenario of sustained or elevated interest rates could potentially dampen Bitcoin's prospects, given its historical preference for low-rate, high-liquidity environments. As Bitcoin navigates these headwinds, its ability to reclaim upward momentum remains contingent on prevailing market dynamics and macroeconomic factors.\nEthereum Struggles to Break $3,440 Resistance\nIn the cryptocurrency markets, Ethereum (ETH) faces turbulent conditions as it struggles to surpass the $3,440 resistance level. Currently trading around $3,272, ETH encounters challenges in breaching this crucial threshold. However, recent trends indicate a potential for further downside if Ethereum continues to trade at lower levels, particularly if it breaks below the $3,250 support level. Ethereum finds itself locked in a battle to ascend above the $3,370 and $3,440 levels, yet it trades below the $3,380 level and the 100-hour Simple Moving Average.\nA closer examination of the ETH/USD pair's hourly chart reveals a significant break below the crucial uptrend line below the $3,300 support. Consequently, the possibility of increased losses should not be overlooked if there's a closure below the $3,250 support region. While Ethereum recently witnessed a recovery wave above the $3,300 and $3,320 levels akin to Bitcoin, attempts to breach the $3,400 level have been met with resistance from bears near the $3,440 region.\nAlthough a new high formed around $3,443, a significant break below the major uptrend line below the $3,300 support was observed on the hourly chart. This development tempered gains, prompting a retest of the $3,250 support, with prices dipping to $3,253 before consolidating current losses. As Ethereum navigates these price fluctuations, its ability to sustain upward momentum hinges on overcoming key resistance levels and maintaining crucial support zones.\nUnveiling Furrever Token (FURR): How It Attracts Investors with Over $660,000 Raised and Up to 15X Returns!\nFurrever Token (FURR)continues to captivate investors' attention and has emerged as a compelling investment opportunity in the volatile cryptocurrency market. Despite the market's fluctuations, FURR has demonstrated remarkable resilience, attracting significant interest and amassing over $660,000 in funds within just a month. The project's allure lies in its innovative approach to combining cryptocurrency with elements of cuteness and community engagement, setting it apart from traditional blockchain ventures.\nAt the heart of Furrever Token's appeal is its unique vision to revolutionize the crypto space by infusing it with an irresistible dose of charm and whimsy. Unlike many serious blockchain projects, FURR embraces a lighthearted approach, leveraging the universal appeal of adorable cat imagery to create a delightful user experience. By integrating cute cat-themed stickers, emojis, and visuals into its ecosystem, FURR fosters a sense of camaraderie and shared joy among its community members.\nMoreover, Furrever Token offers more than just a novel aesthetic experience; it presents tangible opportunities for investors to reap significant returns on their investments. With up to 15X returns on offer and over $660,000 raised in a month, FURR's presale success underscores the growing confidence and interest among investors. The tokenomics of FURR, including its allocation structure and potential for exponential growth, further contribute to its attractiveness as an investment asset.\nAdditionally, Furrever Token boasts a vibrant and active community characterized by enthusiastic participation and robust engagement. The project's commitment to fostering a warm and friendly atmosphere has cultivated a loyal following, driving interest and excitement surrounding FURR's development and future prospects. As for its current price, FURR is trading at $0.00048, reflecting its growing popularity and investor confidence in its long-term viability. With its vibrant community, promising returns, and unique approach to cryptocurrency, Furrever Token stands out as a promising player in the ever-evolving crypto landscape.Don’t Wait! Discover the Most Exclusive Presale Opportunity of 2024!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]\nCONTACT: Robert Smith Furrever Token support at furrevertoken.com", "New York City, NY, April 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) and Ethereum (ETH) find themselves locked in a struggle to regain their footing amidst market uncertainties, while an emerging player,Furrever Token (FURR), steals the spotlight with its remarkable presale success. Despite Bitcoin and Ethereum's challenges, characterized by fluctuating prices and ongoing recovery efforts, Furrever Token's rapid ascent, amassing over $660,000 within a month, underscores the shifting dynamics in the crypto landscape. As investors navigate through these contrasting trajectories, the rise of Furrever Token signals a potential paradigm shift, offering a compelling narrative of innovation and opportunity in the ever-evolving digital asset space.\nBitcoin Struggles for Recovery Amidst Market Challenges\nBitcoin (BTC), the pioneering cryptocurrency, continues to grapple with recovery efforts amidst a challenging market landscape. With the current price hovering around $66,670, representing a modest 1% increase from yesterday's levels, BTC finds itself trapped in a struggle to regain momentum. Following its meteoric rise to record highs exceeding $73,000 in March, Bitcoin has encountered a period of consolidation within a narrow trading range.\nThis downtrend aligns with broader market weaknesses observed in the U.S. stock market and other risk-driven assets at the onset of the second quarter. The waning capital inflows into recently approved Bitcoin exchange-traded funds (ETFs) further underscore a subdued sentiment prevailing in the crypto space. While ETF approvals served as a catalyst for Bitcoin's earlier bullish trajectory, diminishing enthusiasm suggests a loss of momentum in this trend. Market attention now pivots towards the impending release of nonfarm payroll data, slated for later in the week, which is poised to influence U.S. interest rate expectations. A scenario of sustained or elevated interest rates could potentially dampen Bitcoin's prospects, given its historical preference for low-rate, high-liquidity environments. As Bitcoin navigates these headwinds, its ability to reclaim upward momentum remains contingent on prevailing market dynamics and macroeconomic factors.\nEthereum Struggles to Break $3,440 Resistance\nIn the cryptocurrency markets, Ethereum (ETH) faces turbulent conditions as it struggles to surpass the $3,440 resistance level. Currently trading around $3,272, ETH encounters challenges in breaching this crucial threshold. However, recent trends indicate a potential for further downside if Ethereum continues to trade at lower levels, particularly if it breaks below the $3,250 support level. Ethereum finds itself locked in a battle to ascend above the $3,370 and $3,440 levels, yet it trades below the $3,380 level and the 100-hour Simple Moving Average.\nA closer examination of the ETH/USD pair's hourly chart reveals a significant break below the crucial uptrend line below the $3,300 support. Consequently, the possibility of increased losses should not be overlooked if there's a closure below the $3,250 support region. While Ethereum recently witnessed a recovery wave above the $3,300 and $3,320 levels akin to Bitcoin, attempts to breach the $3,400 level have been met with resistance from bears near the $3,440 region.\nAlthough a new high formed around $3,443, a significant break below the major uptrend line below the $3,300 support was observed on the hourly chart. This development tempered gains, prompting a retest of the $3,250 support, with prices dipping to $3,253 before consolidating current losses. As Ethereum navigates these price fluctuations, its ability to sustain upward momentum hinges on overcoming key resistance levels and maintaining crucial support zones.\nUnveiling Furrever Token (FURR): How It Attracts Investors with Over $660,000 Raised and Up to 15X Returns!\nFurrever Token (FURR)continues to captivate investors' attention and has emerged as a compelling investment opportunity in the volatile cryptocurrency market. Despite the market's fluctuations, FURR has demonstrated remarkable resilience, attracting significant interest and amassing over $660,000 in funds within just a month. The project's allure lies in its innovative approach to combining cryptocurrency with elements of cuteness and community engagement, setting it apart from traditional blockchain ventures.\nAt the heart of Furrever Token's appeal is its unique vision to revolutionize the crypto space by infusing it with an irresistible dose of charm and whimsy. Unlike many serious blockchain projects, FURR embraces a lighthearted approach, leveraging the universal appeal of adorable cat imagery to create a delightful user experience. By integrating cute cat-themed stickers, emojis, and visuals into its ecosystem, FURR fosters a sense of camaraderie and shared joy among its community members.\nMoreover, Furrever Token offers more than just a novel aesthetic experience; it presents tangible opportunities for investors to reap significant returns on their investments. With up to 15X returns on offer and over $660,000 raised in a month, FURR's presale success underscores the growing confidence and interest among investors. The tokenomics of FURR, including its allocation structure and potential for exponential growth, further contribute to its attractiveness as an investment asset.\nAdditionally, Furrever Token boasts a vibrant and active community characterized by enthusiastic participation and robust engagement. The project's commitment to fostering a warm and friendly atmosphere has cultivated a loyal following, driving interest and excitement surrounding FURR's development and future prospects. As for its current price, FURR is trading at $0.00048, reflecting its growing popularity and investor confidence in its long-term viability. With its vibrant community, promising returns, and unique approach to cryptocurrency, Furrever Token stands out as a promising player in the ever-evolving crypto landscape.Don’t Wait! Discover the Most Exclusive Presale Opportunity of 2024!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]\nCONTACT: Robert Smith Furrever Token support at furrevertoken.com"]... Last 60 Days of Bitcoin's Closing Prices: [44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-07 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,368,071,410,875 - Hash Rate: 702485126.7166051 - Transaction Count: 526130.0 - Unique Addresses: 652726.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks rose Thursday but the S&P 500 fell just shy of the 5,000 milestone. • Investors continue to take in better-than-expected earnings and fresh Fed comments. • Shares of the chip-maker Arm saw a massive 64% rally after it reported earnings results. US stocks ended higher Thursday, with the S&P 500 closing just below the key milestone of 5,000. Investors continue to take in strong earnings, with the majority of companies beating expectations so far in the latest cycle. That strength in equities should continue on the back of upbeat economic data and theincreasing odds of a "Goldilocks" scenario, according to a note from UBS strategists. "[R]ecent economic data have highlighted the potential for a period of continued stronger growth, tame inflation, and swifter monetary easing," the Swiss bank said. In this event, we believe the S&P 500 has the potential to rise to around 5,300 this year." Shares ofDisneyjumped double-digits Thursday following promising guidance from the company for the year ahead.Bob Iger's new dealswith Taylor Swift and Epic Games encouraged investors who have been monitoring his battle with activist shareholders. Chip maker Arm, meanwhile, surged 64% after the company's earnings release shed light on itsexposure to the growing AI industry. After markets close Thursday, investors will watch for results from Expedia, Take-Two Interactive, and Affirm. Treasury yields inched higher following a large auction of 30-year government bonds, which came a day after an auction of 10-year Treasurys. The sales were met with strong demand despite concerns of oversupply. Those moves come ahead of Friday's consumer price index revisions, which will provide more insight into whether the Fed has a handle on inflation. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:4,997.96, up 0.06% • Dow Jones Industrial Average:38,726.13, up 0.13% (+48.77 points) • Nasdaq Composite:15,793.71, up 0.24% Here's what else is going on: • China's deflation problemkeeps getting worse. • Passive investors have "fundamentally broken" the market, hedge fund billionaireDavid Einhornsaid. • A market veteran saidthe data that's fueled the stock marketrally is now reversing. • An energy minister saidoil prices would doubleif India didn't trade with Russia. • Here's why the S&P 500 keepscrushing record highsin 2024. • Cocoa prices have doubledas extreme weather hits supply. In commodities, bonds, and crypto: • Oil prices jumped, withWest Texas Intermediateup 3.6% to $76.50 a barrel.Brent crude, the international benchmark, moved up 3.33% to $81.85 a barrel. • Goldedged slower 0.19% to $2,047.70 per ounce. • The10-year Treasury yieldmoved higher by six basis points to 4.16%. • Bitcoinclimbed 3.25% to $45,544. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/mehmetdayi88', 'Community Takeover $Poowel Looks Primed For New Highs', 1529, '2024-04-07 00:07', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', "~Our New Tweet: https://twitter.com/poowel_solana/status/1776718775003332614\n\nSitting within the strongly trending PoliFi category of Solana memecoins Joram $Poowel (after FED chair Jerome Powell) is a solid pick to capitalise on the ongoing Solana memecoin mania. \n\nSurrounded by rugs & scams launched by predatory devs, $Poowel stands out as a genuine community takeover that has impressively built from $50k market cap valuation up to $4m (hitting a peak of $6m so far). \n\nAll the talk for this cycle is of a 'Barbell Portolio' where smart money focuses on Bitcoin and the ETF narrative and retail mostly flocks to Solana for cheap transactions and memecoins that 1000x within weeks. \n\nAs with previous cycles we should expect the trend to be our friend and for the 'Barbell Portfolio' to continue to outperform... with attention from the presidential election campaign leading other PoliFi tokens to $500m+ valuations I think we can safely say a solid project like $Poowel, with a transparent & highly active community team, to outperform in this sector and within Solana memes in general. \n\nMoney printing is the largest meme within this space, and the very reason for the existence of Bitcoin & crypto in the first place. \n\nJoram Poowel has built rock solid foundations and looks set to tap into this ongoing narrative of money printing and the devaluation of fiat currency by irresponsible centralised powers. \n\nThe real Powell is sure to keep the money printer running, continue adding to the gargantuan national debt and further devaluing the dollar. \n\nThe $Poowel token is currently valued at $0.004. How long until the money printer brrrrrs so hard that $Poowel ends up pegged to the dollar?\n\n1 $POOWEL = 1 $USD \n\nHow long until it catches up with the worlds biggest shitcoin? In a world where $Boden ripped 1000x in just 1 month this is entirely possible.\n\n~OUR LINKS:\n\nX: https://x.com/poowel_solana?s=21\n\nTelegram: @jerompoowel\n\nWebsite: https://pooweltothepeople.com/", 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', '1bxnoco', [['u/MyMagicJohnsonIsSick', 14, '2024-04-07 00:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydv5za/', 'Been watching this one for a while, might be time to throw in a few sol', '1bxnoco'], ['u/Doge_advocate', 12, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvly3/', '$POOWEL is the only option out there. We are the new $1 step aside fed', '1bxnoco'], ['u/Nomadicboatguy', 10, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvmql/', 'Moving in with size, FULL CONVICTION', '1bxnoco'], ['u/Vegeta_070', 13, '2024-04-07 00:47', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kye0fr4/', 'Seems interesting', '1bxnoco']]], ['u/losttraveler36', 'The only thing about Litecoin that doesn’t make sense', 18, '2024-04-07 00:25', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', 'This is something I have warrior wondered about for a long time, why is the block time four times faster and not five times faster? \n\nSeems like “5X faster than bitcoin” or “2 minute block time” would roll off the tongue and adhere more to peoples favor towards nice numbers. Any info on this?\n\n Other than that I’ll just keep using and stacking LTC ', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', '1bxo2xl', [['u/Upper-Log-131', 33, '2024-04-07 02:05', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/kyecc8q/', 'The only thing about litecoin that doesn’t make sense is the price', '1bxo2xl']]], ['u/CereBRO12121', 'This guy gets it!', 206, '2024-04-07 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/', 'Was thinking about selling some BTC, I took this as a sign. \n', 'https://i.redd.it/7xy80f1lqxsc1.jpeg', '1bxo4vx', [['u/ZebbHB', 20, '2024-04-07 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/kyezozn/', "No. He's just from Hof. HO stands for the City of Hof. And DL are most likely the initials of the carholder.\nSo it's just Dieter Laschbrunzler from Hof driving his car in bavaria to get some Weißwurst.", '1bxo4vx']]], ['u/Despacit0', 'Can someone help me with my portfolio?', 10, '2024-04-07 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', 'Hey guys, im new to crypto space. I have my investments in stocks and last week started my research on crypto and I got convinced to start investing. Then sold some of my stocks and here we are! I started with 15k and here is my crypto account portfolio so far based on percentage.\n\nBiggest three makes up for 84% of my portfolio \n\nBTC - 61%\nSOL - 15%\nLINK - 8%\n\nOthers - 16%\n\nRNDR \nNEAR \nHBAR\nGRT\nDOT \nDOGE \nSHIB\n\nI did extensive research on BTC, SOL & LINK. I will be keeping those 3 and add money to them every week. As for the others, which should I get rid of and keep? I feel its too spread out. Thanks for your time in advance!\n\n\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', '1bxonl6', [['u/Starkey18', 11, '2024-04-07 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/kye1lin/', 'Long term: 100% bitcoin\nShort term: what you’ve done is fine, just get ready for a rollercoaster', '1bxonl6']]], ['u/h82nk', 'If you don’t believe it or don’t get it, I don’t have the time to try to convince you, Sorry', 31, '2024-04-07 01:03', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', 'Hey Aeronauts! 🚀\n\nWith Bitcoin starting to pump, it\'s the perfect time to look at the bigger picture and appreciate the strides we\'ve made with Aerodrome. Remember what Satoshi said, "If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry." Our belief in the fundamentals is what sets us apart.\n\nAerodrome is making waves with its latest updates, enhancing user experience and liquidity options. We\'re not just preparing for the bull run; we\'re leading the charge!\n\nHere are some promising data points:\n\n* Total Value Locked (TVL): We\'ve seen significant growth in TVL, indicating increased trust and participation in the Aerodrome ecosystem.\n* Volume: Trading volumes are on the rise, showcasing the platform\'s growing popularity and activity.\n* Swap Fees: Higher swap fees reflect the vibrant trading environment, directly benefiting our loyal AERO holders.\n\nThe crypto journey is a marathon, not a sprint. Let\'s keep stacking, stay patient, and trust in the long-term potential of our investments. Ignore the short-term noise and stay focused on the ultimate goal.\n\nWe\'re all in this together, and the best is yet to come. With the Aerodrome community\'s unwavering support, we\'re not just aiming for the moon – we\'re aiming for the mars! 🌟\n\nhttps://preview.redd.it/jvshs2ktwxsc1.png?width=1024&format=png&auto=webp&s=e0b278f4fdea23c07037209acbae0289a96f521a', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', '1bxoyva', [['u/Father_Time_101', 12, '2024-04-07 01:10', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/kye3zz1/', 'Remember, John, you are not alone in your struggles. There are people who care about you and want to help you, like me.', '1bxoyva']]], ['u/Carl_Menger21', 'I will buy and hold BTC for the rest of my life. No matter what others tell me.', 497, '2024-04-07 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', 'Hey Bitcoiner,\n\nI\'m at a point where I am more than 100% convinced in what I\'m doing.\nI will work, save in Bitcoin, hold and repeat. \n"But what if the price will crash?" - that\'s human psychology, I don\'t look at the price \nBitcoin will crash again and again and again and it\'s okay\n\nI understood it. There is only 1 network in the entire world which is absolutely scarce. Bitcoin.\nBitcoin not crypto. Bitcoin nothing else.\n\nYou can find more gold, you can find more silver, they will buy more houses, they will print infinitely more fiat and altcoins can be changed (because they aren\'t decentralized at all. It\'s always a group of people who can decide the rules).\n\nNo single identity can change the supply of Bitcoin. Never. It\'s not a question of software. It\'s a social question.\nIf someone wants to change the 21M supply he would have to convince thsousands of people which are running a node to accept his rules.\n\nBitcoin is the only decentralized timestamp. Bitcoin is the monetary black hole because everything will extend but only BTC will be fixed.\nBitcoin is the hardest money ever invented/discovered and everyone can run his own node, have his own private keys and nobody can stop it.\nBitcoin is the solution to humanity\'s money problem since there are humans on this planet.\n\nIf someone tells me: "no you shall not put everything into one basket." \nThen I know with 100% certainty that this person is new to Bitcoin or to lazy to study it.\nI thought the same at the beginning. After many years of studying I know there is only 1. Bitcoin.\n\nThanks for your time reading it.\n\nYours sincerely,\nA young Bitcoiner', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', '1bxprmz', [['u/Financial_Design_801', 136, '2024-04-07 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeaoto/', 'Maxi confirmed', '1bxprmz'], ['u/SimonZed', 59, '2024-04-07 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecftf/', 'I won’t hold them for the rest of my life. I want my wallet to be empty when I die. Already sold a lot to live amazing life experience that I could not have lived otherwise, especially not with my fiat money salary. Thank you BTC.', '1bxprmz'], ['u/RobbyBergers', 20, '2024-04-07 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecj88/', "100% is a bit of a high number to be certain of.\n\nLet's say that bitcoin becomes the global reserve currency. The entire planet is locked into a libertarian structure in which the 1% of wallets holding almost all of the bitcoin will necessarily be more powerful than any democratic republic could ever be. And a lot of these 1% went from normal to wealth beyond comprehension, which no human brain was meant to endure.\n\nIf you actually take a step back here, the odds of bitcoin turning the planet into something unsustainable and hostile until the average person moves on, are greater than the 0% that you imply, imo.\n\nUnless you don't know what you're involved in and just want ngu to be gigarich because greedy people getting their way never hurt society before, right? /s", '1bxprmz'], ['u/OzManCumeth', 93, '2024-04-07 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecyg6/', 'Dear diary', '1bxprmz'], ['u/entor', 101, '2024-04-07 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyedvvb/', '"I\'m not afraid anymore!"', '1bxprmz'], ['u/cryptokid2140', 82, '2024-04-07 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyee1bz/', 'I’m not fucking leaving!', '1bxprmz'], ['u/brokenmessiah', 26, '2024-04-07 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeev3j/', "Jokes aside if you intend to hold for the rest of your life then what's the point unless you want to have it for your kid or something", '1bxprmz'], ['u/Robbieworld', 55, '2024-04-07 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyehjo9/', "I had exactly the same idea in 2014 and again 2017, thing is i had a baby, bought a house had emergencies come up. So sometimes you gotta roll with the punches. I'm happy to back in now and have the same plan as you.", '1bxprmz'], ['u/Carl_Menger21', 14, '2024-04-07 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyei17s/', 'oh yes that‘s more important! family first! Glad to hear you are in now🧡 I think that‘s the most valuable thing you can do', '1bxprmz'], ['u/FightDepression_101', 29, '2024-04-07 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeihlv/', 'Investing does not need to feel like a religion.', '1bxprmz'], ['u/djs1980', 13, '2024-04-07 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeiuo4/', "You've made a lot of posts the last 12 days... sounds like you're trying to convince yourself somewhat. Anyway, some friendly advice - some diversification into stocks is not a bad thing. Its much easier to ride out a BTC bear market if you are not balls deep in Bitcoin.", '1bxprmz'], ['u/ihate_eggplant', 11, '2024-04-07 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyekynb/', "Same. I know BTC is a store of value and that it will continually trend upward, but I have a lot of debt to pay off. I'm putting all extra savings into BTC and when I have enough to pay off a loan I'm going to pull that value out (as long as it's a net gain) and pay of that loan. \n\nThen I can put that old monthly payment into BTC, let it accumulate, and repeat with another loan.", '1bxprmz'], ['u/FondantForward1533', 15, '2024-04-07 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeqow6/', 'I’m not fundamentally opposed to your strategy, but I do want to point out that scarcity and demand are not the same thing. Something can be scarce (even unique) and undesirable.', '1bxprmz'], ['u/Inviction_', 10, '2024-04-07 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyerep5/', "What's the point if you literally never do a single thing with any of it?", '1bxprmz'], ['u/rugbysandman', 63, '2024-04-07 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyern1u/', 'Makes me feel better about only selling all my stocks to max out on Bitcoin. Currently have 100% of my net worth in bitcoin. Being buying since 2016, never sold.', '1bxprmz'], ['u/Horror-Badger9314', 10, '2024-04-07 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeu8vv/', 'LOL', '1bxprmz'], ['u/Candid_Airport1774', 13, '2024-04-07 04:09', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeuqhu/', 'You jump in at $74k?', '1bxprmz'], ['u/1025scrap', 21, '2024-04-07 04:14', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyevi0v/', 'lol. So true. The conviction is admirable, but why do people need to make posts about this?', '1bxprmz'], ['u/LocksmithMuted4360', 23, '2024-04-07 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyezzyc/', 'They need social acceptance...', '1bxprmz'], ['u/soliton-gaydar', 26, '2024-04-07 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyfbnxb/', "For everything else, there's MasterCard.", '1bxprmz'], ['u/xPHILL', 14, '2024-04-07 08:36', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyfpmy1/', "Right? i SpEnT YeArS stUdyInG \n\nbut then decides when it's 69k instead of 15k that NOW they're coincidentally done with their amazing research", '1bxprmz'], ['u/SNeuwille', 22, '2024-04-07 22:41', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyisx0t/', 'I agree with you man', '1bxprmz']]], ['u/christofooch', 'New theory on Satoshi Nakamoto', 4610, '2024-04-07 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/', 'Figured I’d post this here looking for help, more sources and validation in this.\n\nA video of Hal Finney giving a presentation surfaced from Crypto 98\n\nI found the event program info page and found that there was a man there named Satoshi Hada and Toshiaki Tanaka \n\nhttps://dl.acm.org/doi/10.5555/646763.706338\n\nWe can finally pinpoint that there was a Satoshi in the same building with Hal Finney at a Crypto event in 1998. \n\nI then Googled "Satoshi Hada Naka Moto" I found one tweet who also pieced this together with no replies at the time. \n\nHe also put the names of the research papers together \n\nhttps://twitter.com/H_D_BE_2002/status/1742628299489137069\n\nHe linked a research paper with the following names on it talking about public and private keys (you have to view it in archive.org) \n\nhttps://researcher.draco.res.ibm.com/researcher/view_person_subpage.php?id=899\n\nSatoshi: SATOSHI Hada \nNaka: Toshiaki TaNAKA \nMoto: Naohiko UraMOTO \n\nNow put all 3 names together - Satoshi Naka Moto \n\nI then started researching the names and things like projects and timelines all check out. It is funny that while all these names talk about public, private keys, blockchain and crypto, NONE talk about Bitcoin.\n\nI then googled "satoshi hada" Cypherpunk to see if he was part of that and an email surfaced here from December 2001. \n\nhttps://lists.w3.org/Archives/Public/www-xenc-xmlp-tf/2001Dec/0001.html\n\nI then went to Satoshi Hada\'s twitter here \n\n https://twitter.com/satoshihada\n\nHis tweet from 2017 caught my eye, someone made a comment in backwards text in 2021 saying Satoshin Nakamoto almost 3 years to the day of my discovery It looks possible that Satoshi Nakamoto is a combination of at least 3 people that were IBM researchers involved in early blockchain research work that predates bitcoin. \n\nOR it can be another person or group that admired their work and took a piece of each of their names. I believe Hal Finney was not Satoshi Nakamoto and he also did not know him personally based on interviews with Fran Finney. I believe he was on that mailing list that when the white paper went out, saw it and got involved. I also feel these 3 men worked on it and moved on to other things with their lives and kept it a secret!\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/', '1bxqnpq', [['u/SimplySmartAF', 32, '2024-04-07 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyegvpi/', 'Interesting. Thank you for your research', '1bxqnpq'], ['u/jersey-city-park', 30, '2024-04-07 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyei5at/', '- why would they still have that info\n- why would they hand it to the government\xa0\n- why do you assume he wasnt using a VPN\n- public IPs change all the time', '1bxqnpq'], ['u/bananaholster3', 11, '2024-04-07 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeid91/', 'they know 1000%\n\nNSA CIA MI6 cmon ofc they know\n\nthey just cant admit it because of the means they found out', '1bxqnpq'], ['u/getdatschmoney', 408, '2024-04-07 02:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeivva/', "You probably solved most of the puzzle. One of the best explanations I've come across.", '1bxqnpq'], ['u/Twoehy', 136, '2024-04-07 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejhzy/', "More plausible than most of the theories I've heard.", '1bxqnpq'], ['u/Killintym', 82, '2024-04-07 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeji96/', 'From my research, I believe in my heart of hearts that Len Sassman, and Hal Finny were the creators of bitcoin. And after learning more about Len’s life, it wouldn’t surprise me if there were other people who he consulted with.', '1bxqnpq'], ['u/Intelligent-Train858', 33, '2024-04-07 02:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejmew/', 'I think you should have kept this to yourself', '1bxqnpq'], ['u/jersey-city-park', 54, '2024-04-07 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejynl/', 'This only shows where the inspiration for the pseudonym is from. I highly doubt two of them would still be at IBM if they were billionaires\xa0', '1bxqnpq'], ['u/SuleyGul', 1031, '2024-04-07 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyek1bl/', 'This is legit impressive work. Well done.', '1bxqnpq'], ['u/4thaccountin5years', 67, '2024-04-07 03:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyekpbd/', 'The probability of three people keeping the secret is small.', '1bxqnpq'], ['u/MacGuffin-X', 28, '2024-04-07 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyektvw/', 'The plot thickens and you got my attention', '1bxqnpq'], ['u/Extension_Ad_3015', 208, '2024-04-07 03:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyel5t0/', 'So 2 guys that want to stay anonymous are going to use there names to hide their identity?', '1bxqnpq'], ['u/BigBucket10', 362, '2024-04-07 03:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyelcha/', 'Wow the first line from his 2007 paper (1 year before bitcoin):\n\nTransforming private-key encryption schemes into public-key encryption schemes is an interesting application of program obfuscation.', '1bxqnpq'], ['u/snappyirides', 32, '2024-04-07 03:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyelzok/', 'Wow OP this is riveting', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 19, '2024-04-07 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyem7k1/', 'I would certain stay at work if I was a billionaire. I like my job. Most days.', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 12, '2024-04-07 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemi15/', 'Sometimes, the best stories are left buried. I would have refrained from posting this, in case there was even a 1% chance this is correct. This is basically doxxing someone, whether or not correct, and could put their safety at risk.', '1bxqnpq'], ['u/ccrider92', 23, '2024-04-07 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemjv0/', 'Same deal with the lunar landings. Way too many people involved for it to be kept a secret for 50+ years.', '1bxqnpq'], ['u/christofooch', 65, '2024-04-07 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemnl5/', 'Wait! What?!', '1bxqnpq'], ['u/christofooch', 99, '2024-04-07 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemwib/', 'Lenn Sassman is on research papers with Hada also (in citations)', '1bxqnpq'], ['u/christofooch', 118, '2024-04-07 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen0b7/', 'Yes I feel like I’m missing something though maybe can use help', '1bxqnpq'], ['u/christofooch', 58, '2024-04-07 03:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen4lc/', 'Well I also said it can be a person who used their research and combined their names together also possible.', '1bxqnpq'], ['u/christofooch', 17, '2024-04-07 03:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen74b/', 'They are not, one of the names comes up in the world economic forum now', '1bxqnpq'], ['u/m1ke_tyz0n', 10, '2024-04-07 03:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen98x/', 'Dorian Nakamoto lived 3 blocks from Hal Finney. SATOSHI WAS DOXXED IN 2014 AND HAD TO RETRACT. Horrible boondoogle of work. \n\n>Prentice *Satoshi Nakamoto, a 64-year old ex-engineer and programmer* living in the small exurb of Los Angeles known as Temple City.\xa0[Nakamoto had even seemed to give\xa0Newsweek\xa0a tacit confirmation of its theory when he told the magazine\'s reporter](http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html)\xa0that he was "no longer involved in that," a quote confirmed in essence by local police who witnessed the interaction.\n\n>Just hours after\xa0Newsweek\'s story hit the Web, I received an email from an old cryptography community acquaintance of Finney\'s who has asked to remain anonymous. The email was titled "What are the odds?" *It pointed out that Hal Finney had lived for almost a decade in Temple City, the same 36,000 person town where\xa0Newsweek\xa0found Dorian Nakamoto. Finney\'s address was only a few blocks away from the Nakamoto\'s family home.\n\n[https://www.forbes.com/sites/andygreenberg/2014/03/25/satoshi-nakamotos-neighbor-the-bitcoin-ghostwriter-who-wasnt/?sh=6f30489f4a37](https://www.forbes.com/sites/andygreenberg/2014/03/25/satoshi-nakamotos-neighbor-the-bitcoin-ghostwriter-who-wasnt/?sh=6f30489f4a37)\n\n[https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html](https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html)', '1bxqnpq'], ['u/BigBucket10', 138, '2024-04-07 03:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyensqf/', 'Do you think they planned on being anonymous or world famous? Probably not.', '1bxqnpq'], ['u/christofooch', 16, '2024-04-07 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeo3au/', 'I thought of this too but after watching Fran talk about Hal, he was like I’m working with a guy named Satoshi, idk I think he lives in Japan or something he told her…. In the interview she also stated he’s an honest person and wouldnt keep secrets from her… but of course take that with a grain of salt', '1bxqnpq'], ['u/buckf1tches', 126, '2024-04-07 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeofzt/', 'I always wondered why Satoshi referred to himself as "we" in his abstract from the Bitcoin whitepaper. Funny how much the writing style from that abstract matches the abstracts from papers Hada has written.', '1bxqnpq'], ['u/jersey-city-park', 23, '2024-04-07 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeoj63/', 'They have recent research papers (2019) where they were still at IBM, well after bitcoin blew up.\xa0Satoshi Hada literally has a blog where it says hes a data scientist at IBM', '1bxqnpq'], ['u/christofooch', 34, '2024-04-07 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeonjx/', 'Yes in the white paper it’s “we” and it matches Hada as he writes pretty good in English as well, also someone pointed out that’s why the code looks like it was written by a few different people also.', '1bxqnpq'], ['u/christofooch', 12, '2024-04-07 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeov0y/', 'I didn’t think they were still doing research for IBM as their LinkedIn says otherwise but good catch.', '1bxqnpq'], ['u/PM-ME-YOUR-TECH-TIPS', 35, '2024-04-07 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeoybj/', 'NASA actually killed all their employees and replaced them with loyal German rocket scientists.', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 15, '2024-04-07 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyepcwf/', "Pick a job you love, and you'll never work a day in your life.", '1bxqnpq'], ['u/freedomfriis', 41, '2024-04-07 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyepmdw/', 'After 15 years, I think someone has finally found the origin of the name Satoshi Nakamoto. \n\n🤯', '1bxqnpq'], ['u/coinsRus-2021', 190, '2024-04-07 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyet04h/', 'This was probably one of the most believable reads I’ve had on this topic', '1bxqnpq'], ['u/nocrimps', 36, '2024-04-07 03:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyet5rf/', 'Congratulations, you just described public key cryptography.', '1bxqnpq'], ['u/coinsRus-2021', 211, '2024-04-07 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyetdoj/', '“We” is common terminology though in research publications and white papers. Even if just one person.', '1bxqnpq'], ['u/Rockpilotyear2000', 25, '2024-04-07 04:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyevc0g/', 'You realize that we have untold thousands of people with above top secret clearances and do you see them leaking? Where are all their leaks all over the internet and news? Theory doesn’t hold water because even if people do leak, it can easily be obfuscated and lost in the noise.', '1bxqnpq'], ['u/Easy-Medicine-8610', 12, '2024-04-07 04:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyevezr/', 'Excuse me sir, this is the CIA, you need to meet us in your house tomorrow at 1230. Dont be late.\xa0', '1bxqnpq'], ['u/GME-NeverSell', 10, '2024-04-07 04:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyew4bc/', 'Yeah man, I literally have chills reading all of this', '1bxqnpq'], ['u/Anaeta', 15, '2024-04-07 04:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyey5vs/', 'To be fair, leaking becomes much less likely when you can get sent to prison for doing it.', '1bxqnpq'], ['u/Anaeta', 15, '2024-04-07 04:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeyajb/', 'And as we all know, the government certainly would never do anything illegal.', '1bxqnpq'], ['u/mbashs', 333, '2024-04-07 04:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeyoro/', 'This guy may have just cracked crypto’s biggest mysteries.', '1bxqnpq'], ['u/PumbainJapan', 58, '2024-04-07 04:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyez099/', 'This is correct.', '1bxqnpq'], ['u/Krepsilfisk', 12, '2024-04-07 04:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeze8s/', "From Japanese 本 (moto) meaning: \nBook, present, main, origin/base/root, true, real, counter for long cylindrical things.\n\nMore commonly it is the final character in Japanese surnames. It is also a first name for women in Japan. Which makes a huge list of candidates. \n\nSince Moto can be book/ledger and root/origin for the Bitcoin Blockchain, I find it this theory more plausible. Other than that, it's the best theory I have read.", '1bxqnpq'], ['u/Murky-Science9030', 18, '2024-04-07 04:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf06jd/', "Ya it's cool but not some sort of smoking gun.", '1bxqnpq'], ['u/tRitone11', 10, '2024-04-07 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf0pzo/', 'holy... his mail in this paper is satoshih lol\nhttps://www.researchgate.net/publication/221327123_Zero-Knowledge_and_Code_Obfuscation', '1bxqnpq'], ['u/Salvashunned', 122, '2024-04-07 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf3fpo/', 'He said:\n\n"Wow the first line from his (Satoshi Hada\'s) 2007 paper (1 year before bitcoin): \nTransforming private-key encryption schemes into public-key encryption schemes is an interesting application of program obfuscation."', '1bxqnpq'], ['u/Gothmog_LordOBalrogs', 139, '2024-04-07 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf4moy/', 'Indeed, similar to how I didn\'t expect "bong master 69" would have any significant effects on my life 20 years later...\n\n\n\xa0Yet it remains my ebay seller profile', '1bxqnpq'], ['u/nocrimps', 23, '2024-04-07 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf4ozp/', "It's funny because he literally did describe public key cryptography and I'm getting downvoted.", '1bxqnpq'], ['u/DimensionFit2717', 48, '2024-04-07 05:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf52tq/', 'Hal Finny denied being Satoshi and was still targeted and extorted late in his life, even while paralyzed due to ALS. Why would anyone want this info to be public?', '1bxqnpq'], ['u/Gorillla', 21, '2024-04-07 05:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf5rh7/', 'I don’t think you’re missing much. Looks like you cracked it dude. Holy shit', '1bxqnpq'], ['u/FightingInternet', 71, '2024-04-07 05:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf7pbe/', 'We agree.', '1bxqnpq'], ['u/Prob_Pooping', 38, '2024-04-07 05:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf96px/', 'Commenting to cement myself in history and casually ride OPs genius from the comment section.', '1bxqnpq'], ['u/TP_Crisis_2020', 39, '2024-04-07 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf9r7m/', 'Hilarious. My ebay username is Turdcorn, a relic from my old school IRC days.', '1bxqnpq'], ['u/Wsemenske', 43, '2024-04-07 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfat0v/', "I would bet it's someone like Lenn and he combined those names to make Satoshi Nakamoto. I doubt someone would anonymize themselves by using their own names. Much more likely someone who's a fan of them combining their names.\n\n\nWhen I was a kid, a common username I used was Miyamatsu, where I just combined Miyamoto (video games) and Uematsu (composer)", '1bxqnpq'], ['u/francescafiore', 46, '2024-04-07 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfaumb/', 'Good bot.', '1bxqnpq'], ['u/Wsemenske', 21, '2024-04-07 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfazls/', 'Craig Wright apparently does. (He’s not Satoshi, but just pointing out that there exists people that would want to be publicly known)', '1bxqnpq'], ['u/Wsemenske', 39, '2024-04-07 06:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfbahc/', "Likely origin of the name, but not necessarily the creators. My Username when I was a kid was often 'Miyamatsu' (I combined Miyamoto and Uematsu). I was not in fact the creator of Mario nor the composer for Final Fantasy.", '1bxqnpq'], ['u/anonuemus', 17, '2024-04-07 06:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfbjq3/', "> It's cause we never thought the internet would become as serious as it actually did.\n\nI never thought that, but I thought that anonymity would still be a thing.", '1bxqnpq'], ['u/HappyraptorZ', 23, '2024-04-07 06:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfc7up/', 'I can believe 3 cold hard old school scientists taking such a thing to the grave. These people have a code stronger than religion\n\n\nAnymore than that - yea i have my doubts.\xa0', '1bxqnpq'], ['u/dreamtripper89', 10, '2024-04-07 06:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfczn9/', 'Nice I’m gunna ride on your coat tail into the sunset too', '1bxqnpq'], ['u/Annual_Juggernaut_47', 352, '2024-04-07 06:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfd2t6/', 'It’s interesting if you look at their publication records they all stopped publication in the 2013-2015 time frame. Right after BTCs first major run up to $1k. One of the last pubs from the group is 2015, but publications can have lag times of several years from submission to publication. Or you can be included as an author even if you just had early contributions to a paper. \n\nBasically saying that it seems that all three professional lives stopped right around the time BTC had a huge price spike.', '1bxqnpq'], ['u/impulsive87', 10, '2024-04-07 06:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfd7h6/', "In before this post makes Satoshi's coins move", '1bxqnpq'], ['u/ysrel', 25, '2024-04-07 06:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfdb3r/', 'One of the best leads yet', '1bxqnpq'], ['u/jonhuang', 41, '2024-04-07 06:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfdp89/', 'They accidentally lost their private keys and are too embarrassed to admit it, thus explaining the long anonymity.', '1bxqnpq'], ['u/psych_rheum', 17, '2024-04-07 06:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfg5z4/', 'Agreed- I could see it. The Japanese cultural aspect ads to the believability as well. Three cypherpunks make a pact of secrecy for the same principled reason. Not overly hard to see them sticking to it, honorably.', '1bxqnpq'], ['u/Which-Occasion-9246', 23, '2024-04-07 07:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfhsqn/', 'Because he is lying scum. But one look at him or at his arguments and you can tell he is not', '1bxqnpq'], ['u/CryptoBombastic', 15, '2024-04-07 07:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfi23h/', 'So the first coins are not locked for eternity and we are all fucked when they sell.', '1bxqnpq'], ['u/Equivalent-Cloud-365', 13, '2024-04-07 07:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjges/', 'This was posted earlier last week, close this thread, they wanted to remain anonymous for a reason and we should respect that, go outside and touch from grass', '1bxqnpq'], ['u/SuleyGul', 36, '2024-04-07 07:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjj1p/', 'I doubt it. If they were going to sell they would have done so a long long time ago. I am sure they had other wallets where they did sell at some point and just left these ones.', '1bxqnpq'], ['u/Plasmatica', 48, '2024-04-07 07:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjmui/', "I don't think the actual mystery is cracked. If anything, it raises more questions.", '1bxqnpq'], ['u/Y0rin', 16, '2024-04-07 07:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyflbhi/', "Are you joking? Can't tell anymore.", '1bxqnpq'], ['u/orthrusfury', 16, '2024-04-07 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfmh95/', 'I think you are just hiding your true identity. You probably are the creator', '1bxqnpq'], ['u/AccountOfMyAncestors', 167, '2024-04-07 08:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfoe1e/', "I think it's most realistic that the three names were combined as inspiration, which still puts us back to square one on the identity.\n\nKeeping his first name in his anon name seems a little too sloppy from an op-sec POV.", '1bxqnpq'], ['u/happychillmoremusic', 16, '2024-04-07 08:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfpb0q/', 'I feel like some of these comments are overreacting', '1bxqnpq'], ['u/purzeldiplumms', 38, '2024-04-07 08:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfpq58/', "The problem is that most here don't know what public and private keys are. It's comedy.", '1bxqnpq'], ['u/iwakan', 121, '2024-04-07 09:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfrun3/', "Naka and moto are some of the most common combinations of syllables in Japanese surnames. It's not really as big of a coincidence as one might think. Not saying it couldn't possibly be them, but I don't think it's very strong evidence. \n\nAnd there are other pieces of evidence that argues against it being them, for example the fact that Satoshi's post timings suggests either a European or American timezone. Unlikely that researchers from Japan with proper jobs had the opportunity to often stay awake at the most uncommon of hours to post on messageboards.", '1bxqnpq'], ['u/Cthuga1', 40, '2024-04-07 09:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfsqdb/', 'Pretty cool but I think Satoshi Nakamoto is an anagram of Oasis Tomato Hank', '1bxqnpq'], ['u/christofooch', 26, '2024-04-07 09:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyftgvt/', 'Yes that’s one point that can argue as the time zone of his posts were likely to pst or in Europe so that’s why it could be someone who paid tribute to their work and used “bits” of their names.', '1bxqnpq'], ['u/EffectiveConcern', 134, '2024-04-07 09:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfuavc/', 'Didn’t want to draw attention to themselves hehe', '1bxqnpq'], ['u/ManBearPig_576', 46, '2024-04-07 09:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfuqcx/', 'Get a grip', '1bxqnpq'], ['u/Rutakate97', 41, '2024-04-07 09:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfvhh0/', 'Even if this is not the whole story, your contribution is very significant', '1bxqnpq'], ['u/Buydipstothemoon', 11, '2024-04-07 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfwm3f/', 'Doing nothing can also draw attention. No one can escape the inevitable.', '1bxqnpq'], ['u/basedregards', 26, '2024-04-07 10:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfxjzl/', 'Yeah agreed', '1bxqnpq'], ['u/gazillionear', 131, '2024-04-07 10:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg0hat/', 'Or they owned bitcoin and made enough money to not have to work.', '1bxqnpq'], ['u/FlygandeSjuk', 17, '2024-04-07 11:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg2x22/', 'Cringe. Debunking the story without giving the source. Reddit gonna Reddit.', '1bxqnpq'], ['u/bhviii', 17, '2024-04-07 11:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg3sng/', "Bro it's message boards people are on 24/7", '1bxqnpq'], ['u/nextalpha', 49, '2024-04-07 11:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg6rdd/', "If they worked at IBM isn't it possible they were located in the US? Just because the names are Japanese doesn't mean they had to be in Japan... And i also heard they were doing things like these deliberately (like switching between different English dialects) to make it harder to find out where they are", '1bxqnpq'], ['u/SimpleMoonFarmer', 10, '2024-04-07 12:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg7qcn/', 'Our name is Legion, for we are many.', '1bxqnpq'], ['u/BanMeForNothing', 84, '2024-04-07 13:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygd1k7/', 'This has nothing to do with money or bitcoin. Cryptography has existed for a thousand years. All the keywords in that title could be found in any paper on cryptography in 2007.', '1bxqnpq'], ['u/megakoira', 11, '2024-04-07 13:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygddf2/', "Nice try Satoshi. You're busted.", '1bxqnpq'], ['u/GME-NeverSell', 11, '2024-04-07 13:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygdi1c/', "He won't sell, but he will eventually pass them down to his family when he dies. They will sell for sure.", '1bxqnpq'], ['u/atapene', 10, '2024-04-07 13:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygel73/', 'At the moment almost all the coins have been mined. Having a million come onto the market would be a reset and a way for everyone who ever thought "i missed the bus" to get a piece, it would be a short dump and trigger massive adoption', '1bxqnpq'], ['u/iwakan', 20, '2024-04-07 13:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyggray/', 'His ACM page profile says "IBM Research - Tokyo*", that\'s all I know.', '1bxqnpq'], ['u/xRyozuo', 17, '2024-04-07 13:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyghije/', 'In my uneducated Japanese opinion (since I only know from anime), satoshi nakamoto has always sounded like the japanese equivalent of John Doe', '1bxqnpq'], ['u/Downtown_Feedback665', 14, '2024-04-07 14:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygmuar/', 'And cryptography in computers/hashing has been around since the 80’s', '1bxqnpq'], ['u/abercrombezie', 33, '2024-04-07 15:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygt9pe/', 'Theory was posted in the Bitcoin sub last week but that Op deleted his original post and account. This Op, go in hiding or the 3 letter agencies will be knocking at your door. Queue in X-Files music. Title of original thread:\n\n“If Hal Finney and a guy named Satoshi were at a crypto conference in 1998 giving presentations is that a coincidence or not?“', '1bxqnpq'], ['u/lillillilillilil', 15, '2024-04-07 15:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygw3e7/', 'They’re multiplying', '1bxqnpq'], ['u/NexusKnights', 39, '2024-04-07 16:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygxodx/', 'This. Only an idiot would use any part of their name in a username if they are trying to stay anonymous. If anything, it would be a great way to misdirect attention.', '1bxqnpq'], ['u/LordCabbage_64', 75, '2024-04-07 16:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyh2ph3/', 'Do you think the types of people that create something like bitcoin would just stop because they were rich?', '1bxqnpq'], ['u/gazillionear', 10, '2024-04-07 17:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyh6vxt/', 'Maybe not, but you never know their personal circumstances so could happen!', '1bxqnpq'], ['u/Lieutenant-Lemons', 27, '2024-04-07 18:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyhjnty/', 'It got me thinking, you were able to find these peoples different research papers. What if you tried running their publications through an ai to try to match their writing styles to suspected individuals?\n [https://www.digitaltrends.com/cool-tech/emma-identity-ai-web-app/](https://www.digitaltrends.com/cool-tech/emma-identity-ai-web-app/)', '1bxqnpq'], ['u/DeeDee_GigaDooDoo', 30, '2024-04-07 18:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyhmnzk/', "In my experience with academia/research absolutely not. The kinds of people doing this trailblazing work would not just pull up stumps and go dark when they make money off it and it gets popular. They live and breath the research and they want nothing more than for their work to become a world changing phenomenon. I really doubt three separate people who invented something so significant that was a culmination of their life's work would just stop and stay anonymous the second it actual... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", "Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", 'As of April 5, theNasdaq Composite Indexhas soared 43% in 2024. This performance has been lifted by strong gains for dominant tech companies.\nBut the cryptocurrency market has said, "Not so fast." From the beginning of last year to today, the digital asset industry\'s entire value has more than tripled. Investors are flocking to the riskiest asset class in dramatic fashion.\nIt\'s no surprise that some of the most speculative tokens are experiencing strong momentum, particularly more recently. For example,Shiba Inu(CRYPTO: SHIB)has skyrocketed roughly 150% in the past few weeks. Maybe there\'s growing interest that morespot ETFswill be approved followingBitcoin.\nEven after its run-up, perhaps some daring investors are ready to buy Shiba Inu on the dip while it\'s still significantly below $0.01. Is that a smart idea?\nAt The Motley Fool, we urge investors to adopt a long-term mentality. That means thinking in terms of the next five years, and ideally more. This makes worrying about the next few months or quarters seem silly.\nWhile it\'s important to think this way when it comes to stocks, it\'s also critical to adopt this mindset with cryptocurrencies. It\'s so easy to get caught up in short-term price movements, especially when they\'re as wild as what can happen with digital tokens. But what matters at the end of the day are the fundamentals.\nWith this mental framework, investors looking to buy Shiba Inu should start to ask if there\'s really any point to this cryptocurrency. To be fair, I\'ll give the founders credit for creating a $16 billion blockchain network in less than four years. Given that the crypto industry values having a strong community of supporters, viewed in this light, Shiba Inu might be a smashing success for some.\nBut going back to that long-term mindset, investors need to wonder where Shiba Inu could be a decade from now. I\'m a firm believer that for any cryptocurrency to survive, it will eventually need to figure out how to raise utility and gain broad adoption.\nBy being built on top of theEthereumnetwork, Shiba Inu was created differently from its inspiration,Dogecoin, which is its own blockchain. This makes Shiba Inu\'s native token, SHIB, compatible with the vast ecosystem of Ethereumdecentralized applicationsout there.\nHowever, I suspect Shiba Inu isn\'t used much for its intended purpose, like to purchase non-fungible tokens, use decentralized finance protocols, or buy virtual land in the metaverse. It doesn\'t even crack the top 100 cryptocurrencies when it comes to developer activity. That doesn\'t bode well for its future.\nShiba Inu currently trades 70% below its peak price. The all-time high was during the raging bull market of 2021. I\'m not sure this type of run will happen again.\nWarren Buffett once said that investors should be comfortable buying a stock if the market closed for the next five years. Applying this time of thinking to cryptocurrencies might seem crazy given how volatile the industry is and how much change happens, but it\'s a valuable perspective to have. I don\'t believe anyone could view an investment in Shiba Inu in this light. Five years from now, there\'s a significant probability that its value will approach zero.\nThe only reason to buy it is if you think you can correctly time the market, with the hope of buying at the lows and selling after massive bull runs. But no one can do this successfully on a consistent basis.\nEven with Shiba Inu trading well below a penny, it\'s best not to park your hard-earned savings in it.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $539,230!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 4, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Shiba Inu While It\'s Less Than a Penny?was originally published by The Motley Fool', "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", 'U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin {{BTC}}climbed through $72,000for the first time since mid-March as itsreward halvingdraws closer.\nCoinbase (COIN), the only U.S. traded crypto exchange, added 4.9% in pre-market trading, MicroStrategy (MSTR), the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin exchange-traded fund (IBIT), added around 6.5%.\nTheCoinDesk 20 Index, a measure of the broader crypto market, rose 3.1% over 24 hours.\nThe halving, which cuts the amount bitcoin miners are paid for adding blocks to the blockchain by 50%, is on track for April 20. After it occurs, they will be rewarded with 3.125 BTC per block.\nAmong miners, Marathon Digital (MARA) added 5.2% and Hut 8 (HUT), whichmerged with USBTCat the end of last year, gained 5.6%. Argo Blockchain (ARB), trading on the London Stock Exchange, rose 5%.\nRead more:Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners', 'U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin {{BTC}}climbed through $72,000for the first time since mid-March as itsreward halvingdraws closer.\nCoinbase (COIN), the only U.S. traded crypto exchange, added 4.9% in pre-market trading, MicroStrategy (MSTR), the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin exchange-traded fund (IBIT), added around 6.5%.\nTheCoinDesk 20 Index, a measure of the broader crypto market, rose 3.1% over 24 hours.\nThe halving, which cuts the amount bitcoin miners are paid for adding blocks to the blockchain by 50%, is on track for April 20. After it occurs, they will be rewarded with 3.125 BTC per block.\nAmong miners, Marathon Digital (MARA) added 5.2% and Hut 8 (HUT), whichmerged with USBTCat the end of last year, gained 5.6%. Argo Blockchain (ARB), trading on the London Stock Exchange, rose 5%.\nRead more:Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners', '• Bitcoin\'s impending reward halving, though monumental, is unlikely to cause a volatility explosion, according to Amberdata\'s Greg Magadini.\n• The impact of the Bitcoin blockchain\'s reward halving on miners and the BTC price has been well documented over the years, leaving little room for a surprising outcome.\nBitcoin\'s fourth mining-reward halvingis dueon April 20, when the blockchain\'s code will reduce the per-block bitcoin {{BTC}} issuance to 3.125 BTC from 6.25 BTC.\nIn the run-up, implied volatility (IV) on the largest cryptocurrency by market value has ticked higher, suggesting increased price turbulence in the days surrounding the quadrennial event. Still, one observer does not favor placing bullish bets on volatility.\n"From a qualitative perspective, I continue to believe paying a volatility premium for a highly predictable outcome (the BTC halving) isn\'t worth a volatility event premium," Greg Magadini, director of derivatives at Amberdata, said in a newsletter on Monday.\nTraders typically place bullish bets on volatility ahead of binary events, for which the market outcome is uncertain. Moreover, uncertainty opens the door to pre- and post-event price turbulence and hastraders buyingboth call and put options orvolatility futuresto profit from any price swings.\nBut the impact of Bitcoin\'s reward halving on its native cryptocurrency and miners has been well documented. The cryptocurrency has historically produced stellar rallies in the 12-18 months following the halving.\nRead more:Bitcoin Halving, Explained\nIt\'s important to note that major crypto events like Ethereum\'sDencun upgrade,Shanghai upgrade, and spot BTC listings turned out to have little market impact, disappointing traders positioned for an event-led surge in price volatility.\n"Not to mention that nearly all the big volatility events in crypto (ETH PoS merge, ETH Shanghai upgrade, BTC spot ETF decision) had disappointed IV [implied volatility], buyers when RV [realized volatility] failed to materialize by very large margins," Magadini noted.\nBitcoin\'s 30-day implied volatility, which gauges the expected price turbulence over four weeks, has increased to an annualized 75% from 68% in a week, according to Amberdata.\nMeanwhile, the 30-day volatility risk premium (VRP), or the gap between 30-day implied and realized volatilities, has surpassed 10% for the first time since early March. The VRP tends to rise ahead of and following extraordinary market events and can drop to low levels during extended periods of calm markets.\n"Options implied volatility is overpricing the event," Magadini said, noting the uptick in VRP.\nBitcoin changed hands at $71,800 at press time, representing a 3.5% gain on the day. The cryptocurrency has risen over 11% since hitting lows near $64,500 on April 2, CoinDesk data show. TheCoinDesk 20 Index, a measure of the broader crypto market, had added 3.8% over 24 hours.', '• Bitcoin\'s impending reward halving, though monumental, is unlikely to cause a volatility explosion, according to Amberdata\'s Greg Magadini.\n• The impact of the Bitcoin blockchain\'s reward halving on miners and the BTC price has been well documented over the years, leaving little room for a surprising outcome.\nBitcoin\'s fourth mining-reward halvingis dueon April 20, when the blockchain\'s code will reduce the per-block bitcoin {{BTC}} issuance to 3.125 BTC from 6.25 BTC.\nIn the run-up, implied volatility (IV) on the largest cryptocurrency by market value has ticked higher, suggesting increased price turbulence in the days surrounding the quadrennial event. Still, one observer does not favor placing bullish bets on volatility.\n"From a qualitative perspective, I continue to believe paying a volatility premium for a highly predictable outcome (the BTC halving) isn\'t worth a volatility event premium," Greg Magadini, director of derivatives at Amberdata, said in a newsletter on Monday.\nTraders typically place bullish bets on volatility ahead of binary events, for which the market outcome is uncertain. Moreover, uncertainty opens the door to pre- and post-event price turbulence and hastraders buyingboth call and put options orvolatility futuresto profit from any price swings.\nBut the impact of Bitcoin\'s reward halving on its native cryptocurrency and miners has been well documented. The cryptocurrency has historically produced stellar rallies in the 12-18 months following the halving.\nRead more:Bitcoin Halving, Explained\nIt\'s important to note that major crypto events like Ethereum\'sDencun upgrade,Shanghai upgrade, and spot BTC listings turned out to have little market impact, disappointing traders positioned for an event-led surge in price volatility.\n"Not to mention that nearly all the big volatility events in crypto (ETH PoS merge, ETH Shanghai upgrade, BTC spot ETF decision) had disappointed IV [implied volatility], buyers when RV [realized volatility] failed to materialize by very large margins," Magadini noted.\nBitcoin\'s 30-day implied volatility, which gauges the expected price turbulence over four weeks, has increased to an annualized 75% from 68% in a week, according to Amberdata.\nMeanwhile, the 30-day volatility risk premium (VRP), or the gap between 30-day implied and realized volatilities, has surpassed 10% for the first time since early March. The VRP tends to rise ahead of and following extraordinary market events and can drop to low levels during extended periods of calm markets.\n"Options implied volatility is overpricing the event," Magadini said, noting the uptick in VRP.\nBitcoin changed hands at $71,800 at press time, representing a 3.5% gain on the day. The cryptocurrency has risen over 11% since hitting lows near $64,500 on April 2, CoinDesk data show. TheCoinDesk 20 Index, a measure of the broader crypto market, had added 3.8% over 24 hours.', 'Mon Protocol will introduce the ZTX platform to Pixelmon’s over 1.1M users across its products\nMON PROTOCOL\nSingapore, Singapore, April 08, 2024 (GLOBE NEWSWIRE) -- Mon Protocol, the publishing protocol for blockchain-native IPs and games, is entering into a partnership with ZTX, the web3 social metaverse platform. ZTX is one of the largest web3 gaming projects in Asia, with a focus on user-generated content (UGC) and community building. This partnership will be a concerted effort to unite the marketing of the two games. Community members will also have a chance to receive rewards as a result of this partnership.\nMon Protocol will be introducing the ZTX platform and products to Pixelmon’s more than 1.1 million unique users across its products. Pixelmon community members who have been staking MON may also be eligible for an airdrop of the ZTX token. Details of the airdrop and rewards will be announced at a later date.\n“Mon Protocol continues its efforts to empower blockchain native game developers, IP core fans and players. This partnership strengthens both projects for the benefit of our communities. The invaluable expertise of the ZTX team enhances our network of partners as we collectively forge the path towards the future of blockchain gaming. We anticipate significant growth and support ahead.” said Giulio Xiloyannis, CEO of Pixelmon and co-founder of Mon Protocol.\nAs part of the two teams’ cross-marketing efforts, Xiloyannis will be appearing as a special guest on the ZTX Spaces session on Tuesday, April 9, 2024, 9:00 PM SGT. There are also plans to conduct AMAs to address the community’s questions.\n“Mon Protocol is one of the fastest-growing publishers in web3, and we’re glad to be a part of this innovative network. ZTX has always focused on bringing creative ideas into the industry, and partnering with Mon Protocol makes sense because of our aligned values and passionate communities,” said Karma Gora, Head of Marketing and Community at ZTX.\nZTX is the latest to join Mon Protocol’s growing network of partners. ZTX is the IP’s 24th partner, joining web3 gamesBlast Royale,ChronoForge,Kuroro Beasts,Nyan Heroes,SEKAI GLORY,Space Nation, andXOCIETY. Other partners include game developersAmbrus Studio,Confiction Labs,Delabs Games,Endless Clouds,Peanut Games, Playember, andValeria Games, as well as ecosystemsOpal Bitcoin,Planet Mojo,Revolving GamesandUNIOVERSE. Web3 media platformGAM3S.GG, sports leagueKarate Combatand trading platformMintify round out the remaining partners.\nABOUT MON PROTOCOL\nMon Protocol aims to be the leading publisher of blockchain-native IPs and gamers. Mon Protocol launched with the Pixelmon gaming IP as its founding partner and has since built a large community of web3-savvy gamers and fans. Its platform enables blockchain-native projects to reach larger bases of gamers and fans while building stronger IPs by rewarding loyal communities and including them in the IP’s long-term success through fractionalized ownership.\nMon Protocol’s investors include some of the most prominent VCs and builders in the web3 gaming industry, such as the Inevitable Gaming Fund, Foresight Ventures, Delphi Ventures and The Spartan Group, as well as angel investors and founders such as Robbie Ferguson of Immutable, Gabby Dizon of Yield Guild Games (YGG) and Ray Chan of 9GAG.\nMedia contact:\nRobert Penington\[email protected]\nAttachment\n• MON PROTOCOL', 'Aaveproposes to removeDAIas acollateralon the platform after aggressive DAI minting fromMakerDAO.Solanaprotocols, Tensor and Kamino Finance, both announce their upcoming tokens andairdrops, whileBlastlaunches Blast multipliers on the chain.\nTotal Value Locked(TVL) across all chains pull back again as the market continues to consolidate within a range. Notable outliers to the trend include theDegenL3 built on Base, which saw its TVL spike 400% this week, as well as L2s,LineaandMantle, which both saw increases in TVL of 45% and 18% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nStephen drops his very ownPendleYield Token (YT) calculator, allowing users to speculate better on thereturn on investmenton Pendle YTs with respect toEigenLayer’s upcoming launch and the various liquid restaking protocols built on it.\nMoney marketprotocol, Aave, sets up proposal to offboard popularstablecoin, DAI, as a collateral on the platform in light of “contagion risks” identified relating to the stablecoin and MakerDAO’s Direct Deposit Module (D3M), citing aggressive minting of DAI tokens.\nDeFisuite,Frax Finance, passes thegovernancevote for the Frax Singularityroadmap. The roadmap kicks off revenue share to veFXS holders, a partnership withEthena Labsto supplyFRAXliquidity tosUSDelending pools and FXS buybacks, among other plans.\nOther Product Launches and Updates\n• MakerDAO-backed lending protocol,Spark, successfully deploys 100 million in DAI to Morpho’s USDe/DAI and sUSDe/DAI vaults, allowing MakerDAO to tap in DeFi opportunities in the market as part of MakerDAO’s Endgame.\n• Threshold Network deploys thUSD, a stablecoin backed byBTCand ETH. Users can deposit eithertBTCorETHto mint thUSD, at acollateralizationratio of 110%. Currently, no interest is charged, but a one-time fee is charged for the minting of thUSD.\n• Binance Smart Chainlending protocol,Venus Protocol, lands on Ethereum mainnet, with incentives fromLido FinanceandCurveas well asXVSincentives from Venus.\n• Undercollateralized lending platform,Goldfinch, suffers another default from the Lend East pool, which will only be repaying ~42% of their $10.25 million loan. The pool represents 7.7% of all active loans on Goldfinch.\n• Liquidity bootstrapping pool(LBP) platform,Fjord Foundry, will be launching their token, FJO, in an LBP and token airdrop, with the LBP starting on April 16th. The LBP will distribute 7.5% of the token supply, with the initial circulating supply being 15 million tokens (15% of supply).\nBlast Multipliers are now live. Blast Multipliers can be obtained through specific activities on the chain and permanently increase a user’s point balance and the rate at which points are earned. Users can now earn a Multiplier by using any of the featuredspotorperpetualsdecentralized exchanges(DEXs) on Blast.\nData availabilitylayer,Celestia, releases Blobstream onArbitrum One, enabling developers to deploy Arbitrum Orbit chains on Arbitrum andBasewhile leveraging Celestia under the hood.\nOther Product Launches and Updates\n• Memelandteases their upcomingL2,Memenet, a safe and low-cost environment for degens to build on-chain. The network will use MEME as their gas token and is looking to launchtestnetin June beforemainnetlaunch in September this year.\n• Stakinginfrastructure protocol,StakeStone, partners with Bitcoin L2, Merlin, to release mSTONEBTC, the first yield-bearing BTC token, based on theProof-of-Stakemechanism of Bitcoin L2s.\n• Ethereum top DEX,Uniswap, launches on Blur L2, Blast, enabling liquidity providers to earn additional native yield on their positions due to Blast’s rebasing functionality. Additionally, a commemorativeNFTmint has been launched on Zora to celebrate the launch.\n• Payment-focused blockchain,Fuse Network, announces their upcoming airdrop program. Fuse Network is in a transition from an L1 to an L2 powered byPolygon’s chain development kit (CDK) as azero-knowledge rollup.\nOptimism-basedsynthetic assettrading protocol,Synthetix, gains approval from governance to deploy on Solana as well as Move-based chain,Sui, in a bid to expand the Synthetix ecosystem beyondEthereum Virtual Machine(EVM) chains.\nSei Networkpartners up with Rollup-as-a-Service provider,AltLayer, to easily deploy parallelized execution application-specific rollups, leveraging the upcoming Sei V2 upgrade, which will bring the parallelized EVM to the chain.\nPrivacy-focused chain, Namada, unveils their upcoming roadmap, leading up to their mainnet launch and genesis airdrop. The rollout will take place over five phases, including the rollout of features such as staking,cross-chaintransfers and more.\nETH-backed synthetic dollar protocol, Ethena Labs, opens claims for their governance token, ENA, simultaneously kicking off season 2 of their airdrop campaign, the Sats Campaign, which will last untilUSDehits $5 billion market cap or for five months, whichever is earlier.\nSolana leading money market platform, Kamino Finance, releases the airdrop checker for their genesis token drop. 303 points in the first season of their points program translates approximately to 1 KMNO token.\nInteroperabilitylayer,Wormhole, opens claims for the W token airdrop, launching as a Solana-native SPL token. Upcoming on the roadmap will be delegation of W tokens for governance andmulti-chaingovernance.\nSolana NFT aggregator platform, Tensor, announces the end of Season 3 and their upcoming TNSR token airdrop. Users will receive Treasure Boxes for the points accumulated in Seasons 1-3, with the boxes containing TNSR tokens. All boxes will be visible and can be opened on 8th April.\nHumble DeFi Farmer explains thatmemeswill continue to catalyze the cycle and the chains that facilitate this speculation will continue to excel.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• Bitcoin\'s triangular consolidation has ended with a bullish breakout, opening the door to $80,000, according to analysis by 10x Research.\n• The latest breakout comes on the back of a blowout U.S. jobs report.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.\nEarly Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.\n"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.\nThe upside target of $80,000 equates to at least a 10% rise from the current price of $72,300.\nThe breakout comes on the heels of ahotter-than-expected nonfarm payrollsreport thathighlighted the U.S. economic resilience, spurring risk-taking across all corners of the financial market.\nBitcoin has been riding what can be described as an "everything rally" this year. Not only has the cryptocurrency soared to new highs, but so have traditional assets like Wall Street\'s tech-heavy index, Nasdaq, the broader S&P 500 and gold. The cryptocurrency\'s rally has been supported bypersistent expansionin the supply of major stablecoins.\nIn technical analysis, investors and analysts study price patterns to predict future trends in the asset. A symmetrical triangle, often called a coil, represents consolidation within a narrowing price range. The market typically builds energy during the consolidation, which is eventually unleashed in the direction in which the range is resolved. More often than not, symmetrical triangles end with a bullish breakout.', '• Bitcoin\'s triangular consolidation has ended with a bullish breakout, opening the door to $80,000, according to analysis by 10x Research.\n• The latest breakout comes on the back of a blowout U.S. jobs report.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.\nEarly Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.\n"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.\nThe upside target of $80,000 equates to at least a 10% rise from the current price of $72,300.\nThe breakout comes on the heels of ahotter-than-expected nonfarm payrollsreport thathighlighted the U.S. economic resilience, spurring risk-taking across all corners of the financial market.\nBitcoin has been riding what can be described as an "everything rally" this year. Not only has the cryptocurrency soared to new highs, but so have traditional assets like Wall Street\'s tech-heavy index, Nasdaq, the broader S&P 500 and gold. The cryptocurrency\'s rally has been supported bypersistent expansionin the supply of major stablecoins.\nIn technical analysis, investors and analysts study price patterns to predict future trends in the asset. A symmetrical triangle, often called a coil, represents consolidation within a narrowing price range. The market typically builds energy during the consolidation, which is eventually unleashed in the direction in which the range is resolved. More often than not, symmetrical triangles end with a bullish breakout.', '(Bloomberg) -- Crypto startup deals are back. After a brutal year for cryptocurrency and blockchain-related companies, venture capital investment in the industry ticked up by nearly one-third from the previous quarter, according to new data.\nMost Read from Bloomberg\n• US Sees Imminent Missile Strike on Israel by Iran, Proxies\n• Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud\n• US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets\n• Russia Destroys Largest Power Plant in Ukraine’s Kyiv Region\n• Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips\nVC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year, PitchBook data show. At the same time, crypto startups are raising more capital and venture firms are launching new digital asset funds.\n“Investors are spending money again,” PitchBook crypto analyst Robert Le said. “Over the last two years, 18 months, they’d been holding onto the capital that they’ve raised.”\nLe said that the refreshed enthusiasm for crypto was partly sparked by the approval of Bitcoin exchange-traded funds in January and interest in the intersection of crypto and artificial intelligence. During the doldrums of 2023 and late 2022, VCs were loathe to tap into the funds they raised during the last crypto bull market. This year that’s started to change.\nAnand Iyer, managing general partner of early stage venture fund Canonical Crypto, said that he’s seen funding activity pick up in recent months. He noted that some founders now raising money aren’t newcomers to the industry. “They actually built something in the last cycle that didn’t pan out,” Iyer said.\nSome early features of crypto that were prominent during the last bull market have come back as well. For example, the latest memecoin frenzy has echoes of past crazes. Websites like pump.fun have enabled anyone with an internet connection to create pointless tokens inspired by animals, pop culture or virtually any other subject. “They’re funny and all these things, but it is very cultural to crypto,” Iyer said.\nOther VCs are latching onto signs of maturity for the industry.\nJohn Lo, a managing partner who oversees digital asset investing at Recharge Capital, was previously part of the leadership at decentralized crypto exchange Sushi under the pseudonym “Omakase,” and even used an Anime character filter during a webinar appearance to conceal his identity.\nWhile Lo said that there are some teams still raising capital pseudonymously, that trend is a nostalgic “remnant” of past crypto culture. Instead, he and his team are excited about the impact of established financial institutions diving deeper into crypto, as evidenced by the Bitcoin ETF approvals.\n“We’re seeing usage of Bitcoin and adoption of Bitcoin at a scale that we haven’t seen before,” he said.\nAt the same time, there’s still room for improvement. Recharge is focused on backing startups that can build better crypto infrastructure and make the industry more appealing to investors. “Crypto is still very early,” Lo said.\nMost Read from Bloomberg Businessweek\n• How a Pioneering Blackjack Master Beats the Odds of Aging\n• Toyota Pins Its Hopes on Revamped 4Runner to Beat Ford and Hyundai\n• Race for AI Supremacy in Middle East Is Measured in Data Centers\n• Everyone Is Rich, No One Is Happy. The Pro Golf Drama Is Back\n• Cocoa’s Surge Is Drawing Africa’s Farmers Back to the Bean\n©2024 Bloomberg L.P.', '(Bloomberg) -- Crypto startup deals are back. After a brutal year for cryptocurrency and blockchain-related companies, venture capital investment in the industry ticked up by nearly one-third from the previous quarter, according to new data.\nMost Read from Bloomberg\n• US Sees Imminent Missile Strike on Israel by Iran, Proxies\n• Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud\n• US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets\n• Russia Destroys Largest Power Plant in Ukraine’s Kyiv Region\n• Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips\nVC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year, PitchBook data show. At the same time, crypto startups are raising more capital and venture firms are launching new digital asset funds.\n“Investors are spending money again,” PitchBook crypto analyst Robert Le said. “Over the last two years, 18 months, they’d been holding onto the capital that they’ve raised.”\nLe said that the refreshed enthusiasm for crypto was partly sparked by the approval of Bitcoin exchange-traded funds in January and interest in the intersection of crypto and artificial intelligence. During the doldrums of 2023 and late 2022, VCs were loathe to tap into the funds they raised during the last crypto bull market. This year that’s started to change.\nAnand Iyer, managing general partner of early stage venture fund Canonical Crypto, said that he’s seen funding activity pick up in recent months. He noted that some founders now raising money aren’t newcomers to the industry. “They actually built something in the last cycle that didn’t pan out,” Iyer said.\nSome early features of crypto that were prominent during the last bull market have come back as well. For example, the latest memecoin frenzy has echoes of past crazes. Websites like pump.fun have enabled anyone with an internet connection to create pointless tokens inspired by animals, pop culture or virtually any other subject. “They’re funny and all these things, but it is very cultural to crypto,” Iyer said.\nOther VCs are latching onto signs of maturity for the industry.\nJohn Lo, a managing partner who oversees digital asset investing at Recharge Capital, was previously part of the leadership at decentralized crypto exchange Sushi under the pseudonym “Omakase,” and even used an Anime character filter during a webinar appearance to conceal his identity.\nWhile Lo said that there are some teams still raising capital pseudonymously, that trend is a nostalgic “remnant” of past crypto culture. Instead, he and his team are excited about the impact of established financial institutions diving deeper into crypto, as evidenced by the Bitcoin ETF approvals.\n“We’re seeing usage of Bitcoin and adoption of Bitcoin at a scale that we haven’t seen before,” he said.\nAt the same time, there’s still room for improvement. Recharge is focused on backing startups that can build better crypto infrastructure and make the industry more appealing to investors. “Crypto is still very early,” Lo said.\nMost Read from Bloomberg Businessweek\n• How a Pioneering Blackjack Master Beats the Odds of Aging\n• Toyota Pins Its Hopes on Revamped 4Runner to Beat Ford and Hyundai\n• Race for AI Supremacy in Middle East Is Measured in Data Centers\n• Everyone Is Rich, No One Is Happy. The Pro Golf Drama Is Back\n• Cocoa’s Surge Is Drawing Africa’s Farmers Back to the Bean\n©2024 Bloomberg L.P.', 'SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ:IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.\nKey Highlights\n• Previously announced 3-month AI cloud services agreement with leading AI company, poolside\n• Agreement is now upsized from 248 to 504 NVIDIA H100 GPUs following successful initial deployment\n• Additional 4-month term commencing mid-April 2024, and extension option for a further 2 months at the customer’s election\nIREN has upsized and extended its AI cloud services agreement with poolside, more than doubling the contracted cluster size from 248 to 504 NVIDIA H100 GPUs.\nThe contract is for an additional 4-month term commencing mid-April, 2024, with an extension option for a further 2 months at the customer’s election.\nEiso Kant, CTO and Co-Founder of poolside, commented:\n“We’ve been very impressed with the outperformance of IREN’s NVIDIA H100 GPU cluster as it sits amongst the best-in-class in reliability and performance, as well as the IREN team’s commitment to customer support. Our business has growing demand for GPU compute and we’re pleased to expand our partnership with IREN to support our growth.”\nDaniel Roberts, Co-Founder and Co-CEO of Iris Energy, commented:\n“The expansion of our partnership with poolside highlights the quality of our AI Cloud Services business, including our performance-focused technology stack for AI and next-generation data centers powered by renewable energy.”\nAbout IREN\nIREN is a leading next-generation data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy.\n• Bitcoin Mining:providing security to the Bitcoin network, expanding to 20 EH/s in 2024. Operations since 2019.\n• AI Cloud Services:providing cloud compute to AI customers, 816 NVIDIA H100 GPUs. Operations since 2024.\n• Next-Generation Data Centers: 220MW of operating data centers, expanding to 460MW in 2024. Specifically designed and purpose-built infrastructure for high-performance and power-dense computing applications.\n• Technology: technology stack for performance optimization of AI Cloud Services, Bitcoin Mining and energy trading operations.\n• Development Portfolio:2,160MW of secured power capacity across North America, >1,000 acre property portfolio and additional development pipeline.\n• 100% Renewable Energy (from clean or renewable energy sources or through the purchase of RECs): targets sites with low-cost & underutilized renewable energy, and supports electrical grids and local communities.\nContacts\n[]\nTo keep updated on IREN’s news releases and SEC filings, please subscribe to email alerts athttps://iren.com/investor/ir-resources/email-alerts.\nForward-Looking Statements\nThis press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. For example, forward-looking statements include but are not limited to the Company’s business strategy, expected operational and financial results, and expected increase in power capacity and hashrate. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled” or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.\nThese forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to be materially different from any future results performance or achievements expressed or implied by the forward looking statements, including, but not limited to: Bitcoin price and foreign currency exchange rate fluctuations; IREN’s ability to obtain additional capital on commercially reasonable terms and in a timely manner to meet its capital needs and facilitate its expansion plans; the terms of any future financing or any refinancing, restructuring or modification to the terms of any future financing, which could require IREN to comply with onerous covenants or restrictions, and its ability to service its debt obligations; IREN’s ability to successfully execute on its growth strategies and operating plans, including its ability to continue to develop its existing data center sites and its ability to diversify into the market for AI Cloud Services ("AI Cloud") solutions; IREN’s limited experience with respect to new markets it has entered or may seek to enter, including the market for AI Cloud solutions; expectations with respect to the ongoing profitability, viability, operability, security, popularity and public perceptions of the Bitcoin network; expectations with respect to the profitability, viability, operability, security, popularity and public perceptions of any AI Cloud solutions that IREN offers; IREN’s ability to secure and retain customers on commercially reasonable terms or at all, particularly as it relates to its strategy to expand into AI Cloud solutions; IREN’s ability to manage counterparty risk (including credit risk) associated with any current or future customers and other counterparties; IREN’s ability to secure renewable energy, renewable energy certificates, power capacity, facilities and sites on commercially reasonable terms or at all; the risk that any current or future customers or counterparties may terminate, default on or underperform their contractual obligations; Bitcoin global hashrate fluctuations; delays associated with, or failure to obtain or complete, permitting approvals, grid connections and other development activities customary for greenfield or brownfield infrastructure projects; IREN’s reliance on power utilities providers, third party mining pools, exchanges, banks, insurance providers and its ability to maintain relationships with such parties; expectations regarding availability and pricing of electricity; IREN’s participation and ability to successfully participate in demand response products and services and other load management programs run, operated or offered by electricity network operators, regulators or electricity market operators; the availability, reliability and/or cost of electricity supply, hardware and electrical and data center infrastructure, including with respect to any electricity outages and any laws and regulations that may restrict the electricity supply available to IREN; any variance between the actual operating performance of IREN’s hardware achieved compared to the nameplate performance including hashrate; IREN’s ability to curtail its electricity consumption and/or monetize electricity depending on market conditions, including changes in Bitcoin mining economics and prevailing electricity prices; actions undertaken by electricity network and market operators, regulators, governments or communities in the regions in which IREN operates; the availability, suitability, reliability and cost of internet connections at IREN’s facilities; IREN’s ability to secure additional hardware, including hardware for Bitcoin mining and AI Cloud solutions it may offer, on commercially reasonable terms or at all, and any delays or reductions in the supply of such hardware or increases in the cost of procuring such hardware; expectations with respect to the useful life and obsolescence of hardware (including hardware for Bitcoin mining as well as hardware for other applications, including AI Cloud solutions IREN may offer); delays, increases in costs or reductions in the supply of equipment used in IREN’s operations; IREN’s ability to operate in an evolving regulatory environment; IREN’s ability to successfully operate and maintain its property and infrastructure; reliability and performance of IREN’s infrastructure compared to expectations; malicious attacks on IREN’s property, infrastructure or IT systems; IREN’s ability to maintain in good standing the operating and other permits and licenses required for its operations and business; IREN ability to obtain, maintain, protect and enforce its intellectual property rights and other confidential information; whether the secular trends IREN expects to drive growth in its business materialize to the degree it expects them to, or at all; the occurrence of any environmental, health and safety incidents at IREN’s sites, and any material costs relating to environmental, health and safety requirements or liabilities; damage to its property and infrastructure and the risk that any insurance IREN maintains may not fully cover all potential exposures; ongoing proceedings relating to the default by two of IREN’s wholly-owned special purpose vehicles under limited recourse equipment financing facilities; ongoing securities litigatio Last 60 Days of Bitcoin's Closing Prices:* [45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-08 Financial & Commodity Data: - Gold Closing Price: $2331.70 - Crude Oil Closing Price: $86.43 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,417,099,858,250 - Hash Rate: 652897941.3013152 - Transaction Count: 455617.0 - Unique Addresses: 685180.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Bitcoin has rallied 11.5% in 24 hours, printinghighs near $57,000for the first time since late 2021. Traders from Bitfinex led the charge, snapping up $123 million worth of bitcoin during early trading in Asia, according to data tracked by pseudonymous analyst “exitpump.” Forcedunwinding of short betsand decentspot buyingon Binance added to the bullish momentum, which, as usual, lifted the broader market higher. TheCoinDesk 20 Index, a wider market gauge, gained more than 8% over the same period. Pantera founder Dan Morehead said the spot ETFs have brought in a wave of institutional capital into the bitcoin market, explaining the rally. Inflows to the tune of 3,000 BTC per day, coupled with the impending 50% decline in daily BTC generation to 450 following April’s reward halving, means potential for price appreciation, Morehead explained, saying, “Crypto Spring has arrived early.” Turks looking to diversify into alternative assets to beat domesticinflationcan now trade cryptocurrencies on a platform owned by OKX, the world’s fourth-largest by trading volumes.OKX announcedthe launch ofOKX.TR,a localized version of the platform in Turkey, with trading pairs denominated in Turkish lira. “Turkey is a very important and special market for us. It ranks high in terms of crypto adoption and crypto transaction volume,” OKX President Hong Fang said in an interview with CoinDesk. In 2021, Turkish citizens, facing high inflation and a fiat currency crisis,poured money intostablecoin tether and memecoin SHIB. Uniswap’s native governance token UNIsurged 60%on Friday after the decentralized exchange proposed distributing protocol fees to token stakers.The price rally saw a whale address, which received 5.44 million UNI in 2020,liquidate 90,000 tokensfor $1.03 million,according to data tracked by blockchain sleuth Lookonchain. The wallet still holds 926,000 UNI tokens worth $10.6 million. At press time, UNI changed hands at $11.08, slightly down from Friday highs above $12.80. The token has gained 53% this year. • The chart shows a 24-hour change in bitcoin options, open interest, or the number of active option contracts, at various strike levels. • Open interest has increased in call options at strikes $58,000, $60,000 and higher. • Call options give the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market. • Source: Amberdata - Omkar Godbole • Ether Demand Is Driven by U.S. Investors, Data Shows • Stablecoin USDC Is Making a Comeback: Coinbase • HTX Withdraws Hong Kong Crypto Exchange Application... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Grab(GRAB),\xa0the Singapore-headquartered “Everyday Everything App,” is Southeast Asia’s answer to Uber, DoorDash, Instacart, and Venmo — all in a single platform.\nBest known for its ride-hailing and delivery services, the Grab app also offers a wallet feature that allows users to make payments online and in person, send money to family and friends, finance purchases over time, and even buy travel insurance.\nIn essence, Grab is (attempting to become) the go-to digital toolkit for everyday life in theeight countries in which it operates— currently, that’s Cambodia, Indonesia, Singapore, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.\nThe app has been called Southeast Asia’s answer to Uber, and, as of late 2023, Grab reportedly serves 35 million unique users each monthaccording to the Business Times.\nPhoto by Paul Lakatos/SOPA Images/LightRocket via Getty Images\nTrading publicly in the United States on theNasdaq exchangesince its 2021IPO, the company turned a profit for the first time during the fourth quarter of 2023 and shows no signs of slowing down.\nHere’s what you need to know about Grab\'s features, its stock, and its ongoing quest to become Southeast Asia’s “one app to rule them all.”\nRelated: Surge pricing: Examples & how it works on Uber, Lyft, DoorDash & more\nGrab was born in 2012 atHarvard Business School,the brainchild of Anthony Tan (CEO) and Tan Hooi Ling (COO), both Malaysian nationals who earned their MBAs there the year prior. The pair launched their mobile app — then called “My Teksi” — using a $25,000 grant from the school along with an unknown amount of personal capital.\nThe purpose of the app was to connect taxi drivers with passengers via their smartphones in order to create a simple and orderly alternative to Malaysia’s then-chaotic (and sometimes unsafe, especially for female riders) ride-hailing environment.\nIn 2013, the company — by then called GrabTaxi — expanded, making its digital ride-hailing app available in the Philippines that summer, then in Singapore and Thailand before the year’s end. The next year, the company rolled out a fleet of 100 electric taxis in Singapore, expanded operations to major cities in Vietnam and Indonesia, and launched GrabBike, a ride-hailing service for motorbike rides.\nLionel Ng/Bloomberg via Getty Images\nIn 2015, the company launched GrabExpress as a package courier service. The following year, it rebranded (shortening its name to Grab and updating its logo) and introduced in-app messaging and translation for drivers and riders. It also created the GrabRewards program, through which users can earn points redeemable toward discounts on subsequent Grab services.\nIn 2017, the company launched GrabPay, its first financial technology offering, after acquiring an Indonesian payment company called Kudo. Next, it acquired Uber’s Southeast Asian assets and operations in early 2018, cementing Grab’s status as the dominant ride-hailing service in the region.\nAs a result of this acquisition, which included Uber Eats, Grab added food-delivery services to its suite of offerings, first in Singapore and Malaysia, and then in the remainder of its market before the year’s end.\nRelated: The 5 most startling Chapter 11 retailer bankruptcies since 2020\nAs part of this deal, Uberreceived a 27.5% stakein Grab, and Uber CEODara Khosrowshahijoined the company’s board. So, the American-based ride-hailing and delivery giant now has a vested interest in seeing Grab succeed in its own market. Also as part of this 2018 acquisition, Grabagreed to go public by March 2023, a promise it kept with a little over a year to spare.\nBusiness Insiderreported the same yearthat Grab had become Southeast Asia’s first “decacorn” after securing more funding than any other tech startup in the region during the three years prior.\xa0(Unicorns are privately held companies worth more than $1 billion, while “decacorns” are privately held companies worth over $10 million.)\nThe company continued to make acquisitions in the fintech space, gradually expanding its in-app financial offerings to include money transfers, payments to merchants, microloans, insurance services for drivers and passengers, and buy-now-pay-later programs.\nBloomberg/Getty Images\nBy the time it went public on the U.S. stock market via a SPAC merger with Altimeter Growth Corp., the company had built a vast network of partnerships that allowed customers to hail car and motorbike rides, book travel, order food, pay for goods and services, send and receive money, and even obtain travel insurance policies.\nIn December 2021, Grab shares opened at $13.06 during the company’s first day trading on the Nasdaq, but they tumbled to around half that by the end of the day. Shares continued to fall, and for the next two years, they bobbed up and down in the $2.80 to $3.80 range.\nIn the fourth quarter of 2023, however, Grab moved into the black for the first time,posting a profit of $11 millionon revenue of $653 million, up 30% from the 2022 fourth quarter.\nSo, what’s next for the Uber-backed “everything app?”\nRelated: A History of Reddit: From “front page of the internet” to billion-dollar valuation\nThemarket has knownsince late February 2024 that Grab became profitable during 2023’s final quarter and that it was initiating its first-evershare repurchaseprogram (both of these are usually positives for a stock). That news, however, didn’t seem to do much to bolster the company’s stock price, which sat at around $3.16 then and hadn’t moved much by early April.\nThe company’s first-quarter 2024earnings callis set for May 16, and any guidance the company issues on the call could be the catalyst that pushes the stock out of its limbo.\nAs of this article\'s last update, company insiders held about a quarter of Grab\'s stock, whileinstitutional investors— including Morgan Stanley, Blackrock, Invesco, and Bank of America — held just shy of 55% percent.Short intereststood at 2.73%, indicating largely positive sentiment.\nTiprankslisted Grab as a "strong buy"based on 10 analyst ratings with an average 12-month upside of about 34%.\nDuring the company’s last earnings call, CEO Anthony Tan said that Grab has grown to become the “largest on-demand platform in the region at a scale that is over 3x larger than [its] next-closest competitor.”\nHe also noted that, as pandemic-related travel hesitation has waned, the company’s “mobility revenues also increased by 26% YoY in Q4 and 36% YoY for the entire year, driven by an increase in tourist ride-hailing demand.”\nDuring the call, Tan mentioned that the brand is increasing its focus on its travel segment. The travel business offers hotel booking and travel insurance services (more on these below), as non-local travelers tend to spend more than local customers in the markets where Grab operates.\nAll signs point to continued growth, but growth is expensive, so whether the company will continue to post profits in subsequent quarters will depend on how much it spends on acquisitions and partnerships vs. how much it leverages its current assets.\nRelated: Boeing\'s turbulent descent: The company’s scandals & mishaps explained\nBecause Grab operates in hundreds of cities across eight different countries, the services it offers vary by location. So, some of the features explained here may not be available in all markets.\nFor instance, Grab users in Vietnam, where motorbikes are ubiquitous, can order motorbike rides as a cheaper alternative to hiring a car, whereas in Singapore, where motorbikes are less popular, only car taxi rides are available.\nTaxi-hailing was Grab’s first offering when it launched in Malaysia in 2012. The company’s mobility arm remains one of its most important, although it now ranks second to delivery in terms of revenue.\nFunctionally, Grab rides work much like those booked through Uber or Lyft in the U.S. Grab users can enter their destination and book taxi rides through the app with the cost shown up-front. Those willing to wait longer for a ride, share a car with other riders, or ride on the back of a motorbike can access lower fares.\nAll riders can view drivers’ details and ETA, and message drivers with instructions (the app can translate these messages if the rider and driver use different languages). Larger vehicles, pet-friendly cars, cars with booster seats for children, and luxury vehicles are also available at various price points.\nLILLIAN SUWANRUMPHA/Getty Images\nGrab offers three types of delivery services: food, mart, and express. Together, these services account for more revenue than the company’s ride-hailing services.\nGrab’s food-delivery feature is quite similar to DoorDash and Uber Eats. Customers can browse the menus of a variety of restaurants, ranging from street carts to fine dining, and order food for delivery, pick-up, or dine-in. Deliveries can be immediate or scheduled, and in-app discounts, coupons, and rewards are sometimes made available.\nGrab’s mart delivery feature is similar to American apps like Instacart and GoPuff. Users can browse the wares of partner grocery, pharmacy, and convenience stores and order anything from food staples to toiletries. Deliveries can scheduled ahead of time or placed on an ASAP basis.\nGrabExpress is the company’s courier feature, which offers the types of services bike messengers provide in large American cities. A user requests a delivery and then hands off their parcel to a Grab partner, who immediately totes it to its destination, providing photographic proof of delivery upon completion.\nThis service can be used to send anything from a confidential single-page document to a 50 kg (110 lb) package, and all deliveries are automatically insured up to $500 (additional protection of up to $2,000 can be purchased for higher-value deliveries).\nBloomberg/Getty Images\nSince around 2017, Grab has been expanding the financial side of its app via strategic acquisitions and partnerships with fintech companies. Its financial products vary depending on location, but most center around the GrabPay Wallet.\nThe GrabPay Wallet is a cashless payment system Grab customers can use to pay for Grab services, pay bills, send money to others, and make purchases online and in-person at merchants that accept GrabPay.\nThe GrabPay Wallet’s functionality is similar to that of Paypal or Apple Pay, and by using it, customers accumulate GrabRewards points that can be redeemed toward any of the services the Grab app offers.\nGrab riders are automatically insured up to $20,000 in personal accident coverage whenever they hail a car or bike, and supplementary coverage of up to $100,000 can be purchased for an additional $0.30 per ride.\nGrab drivers are also insured automatically up to $20,000 for accident-caused death or disability and up to $2,000 for accident-caused medical expenses.\nThird-party liability insurance also covers drivers up to $200,000 for injury or property damage to others. Driver insurance also pays out up to $200 per day for 60 days of hospitalized medical leave or 14 days of non-hospitalized medical leave.\nGrab also offers some in-app solutions for non-local travelers, although these are still somewhat limited.\nGrab users who are traveling can use the app to purchase travel insurance that covers things like medical expenses, delays, and lost luggage. Users enter basic information like their destination and trip duration, and the app provides an instant quote, with daily premiums starting at around $4.\nGrab users can book stays at millions of hotels directly through the Grab app, sometimes with Grab-exclusive discounts, earning Grab rewards as they do so.\nRelated: Bitcoin\'s history: A timeline of the crypto\'s milestones ahead of halving event', '(Corrects bitcoin record high in paragraph 7)\nLONDON, April 8 (Reuters) - Consumers are becoming slightly less sceptical about bitcoin, a Deutsche Bank survey published on Monday showed, although just under a third of those questioned still expect its price to drop sharply by the end of 2024.\nWHY IT\'S IMPORTANT\nAlthough people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have said it has no inherent value and presents risks.\nBY THE NUMBERS\nDeutsche Bank said it surveyed more than 3,600 consumers, with 52% of respondents saying cryptocurrencies will be an "important asset class and method of payment transactions" in future. Less than 40% said that when surveyed in September 2023.\nA third of U.S. respondents expect bitcoin to drop below $20,000 by the end of 2024. This group is getting slightly smaller. It was 35% in February and 36% in January.\nThe number of people who think cryptocurrencies are "just a fad that will eventually fade" dropped to less than 1%.\nStill, only 10% of respondents expect bitcoin to be above $75,000 by year-end.\nCONTEXT\nBitcoin hit a three-week high on Monday. It reached an all-time high of $73,803.25 in March, recovering from a dramatic plunge in 2022.\nThe recent revival is due to excitement about spot bitcoin ETFs and expectations of rate cuts, analysts say.\nWHAT\'S NEXT\nSome analysts see bitcoin\'s recent recovery above $70,000 as a sign that investors are shrugging off the warnings.\nDeutsche Bank analysts said expect bitcoin\'s price to be supported by the upcoming "bitcoin halving", as well as by regulation, central bank rate cuts, and expectations that the SEC will approve spot ethereum ETFs. (Reporting by Elizabeth Howcroft; Editing by Dhara Ranasinghe and Alexander Smith)', '• US stocks traded mixed Monday while the 10-year Treasury bond yield reached a new 2024 high.\n• Markets think the odds of a June rate cut have declined to about 50-50.\n• Wednesday\'s CPI data will be a key data point to inform the path of Fed policy.\nUS stocks were mixed at the end of Monday\'s trading session as equity markets hit the brakes on a five-month rally and readjusted interest rate expectations.\nEquities\' modest gain on the day is a continuation of last week\'s shifting market sentiment after hotter-than-anticipated economic readings triggered a considerable pullback. Strong data also sent long-dated Treasury yields soaring, with the 10-year rate hitting a 2024 high on Monday of 4.42%\nFriday\'s stunning jobs report further scrambled the view of rate cuts this year. The data showed that303,000 jobs were added in March,blowing past expectations. With the economy still resilient, the need for the Fed to cut rates to boost growth and avert a downturn has dwindled.\nNow, markets see the odds of a June cut as coming down to about 50-50,CME FedWatch data shows.\nAs markets await more clues of the Fed\'s future action, most will focus on Wednesday\'s consumer price index report.\n"Consensus forecasts monthly rises in both the headline and core readings at 0.3%. Even though these are a tick lower than the February print, they are still too high to bring inflation closer to the Fed\'s 2% target in the near term," Jamie Dutta, market analyst at Vantage, said. "That means the early inflation noise that kicked off the year continues to linger and is not a good sign for those clamoring for a rate cut at the end of this quarter."\nA slew of Fed officials will also be speaking this week, including New York Fed President John Williams and Boston President Susan Collins, who will both speak on Thursday. Markets will also be parsing the minutes of the March policy meeting, set to publish on Wednesday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500: 5,202.39, down 0.04%\n• Dow Jones Industrial Average: 38,892.80, down 0.03% (-11.24 points)\n• Nasdaq Composite: 16,253.96, up 0.03%\nHere\'s what else happened today:\n• Anumber of recession indicators are flashing red, economist David Rosenberg warns.\n• Gold could rally another 50% into 2025, according to Ed Yardeni.\n• Rapid rise of private credit might bedriving systemic risk, IMF cautions.\n• TSMC rises after a$11.6 billion chipmaking deal with the USto boost production.\n• Recession odds are now at a 2-year low, Bankrate says.\n• Investors aretoo optimistic amid geopolitical turmoil and inflationary era, Jamie Dimon wrote in shareholder letter.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil slumped 0.4% to $86.53 a barrel.Brent crude, the international benchmark, slipped by 0.7% to $90.53 a barrel.\n• Goldgained 0.4% $2,339.98 per ounce.\n• The 10-year Treasury yield rose four basis points to 4.42%.\n• Bitcoinincreased by 3.6% to $71,859.\nRead the original article onBusiness Insider', '(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7)\nLONDON (Reuters) - Consumers are becoming slightly less sceptical about bitcoin, a Deutsche Bank survey published on Monday showed, although just under a third of those questioned still expect its price to drop sharply by the end of 2024.\nWHY IT\'S IMPORTANT\nAlthough people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have said it has no inherent value and presents risks.\nBY THE NUMBERS\nDeutsche Bank said it surveyed more than 3,600 consumers, with 52% of respondents saying cryptocurrencies will be an "important asset class and method of payment transactions" in future. Less than 40% said that when surveyed in September 2023.\nA third of U.S. respondents expect bitcoin to drop below $20,000 by the end of 2024. This group is getting slightly smaller. It was 35% in February and 36% in January.\nThe number of people who think cryptocurrencies are "just a fad that will eventually fade" dropped to less than 1%.\nStill, only 10% of respondents expect bitcoin to be above $75,000 by year-end.\nCONTEXT\nBitcoin hit a three-week high on Monday. It reached an all-time high of $73,803.25 in March, recovering from a dramatic plunge in 2022.\nThe recent revival is due to excitement about spot bitcoin ETFs and expectations of rate cuts, analysts say.\nWHAT\'S NEXT\nSome analysts see bitcoin\'s recent recovery above $70,000 as a sign that investors are shrugging off the warnings.\nDeutsche Bank analysts said expect bitcoin\'s price to be supported by the upcoming "bitcoin halving", as well as by regulation, central bank rate cuts, and expectations that the SEC will approve spot ethereum ETFs.\n(Reporting by Elizabeth Howcroft; Editing by Dhara Ranasinghe and Alexander Smith)', "In a recent report, digital asset fund manager CoinShareshighlightedthat the influx of cash into cryptocurrency funds, which has been driving upBitcoin's price, may start to taper off. Last week alone, $646 million entered major funds focused on digital asset investment, pushing the total inflows for 2024 to a record high of $13.8 billion.\nWhile Grayscale's Bitcoin Trust (GBTC) continued to experience outflows after its conversion to an exchange-traded fund (ETF) in January, investors showed interest in other Bitcoin-focused funds. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund received new investments, indicating a continued appetite for Bitcoin exposure. Although Bitcoin remained the primary focus for investment inflows, CoinShares noted that investor enthusiasm for these products is starting to moderate.\nHowever, as anticipated by experts, including CoinShares, the outflows from GBTC are expected to slow down. As investors redeem shares they were previously unable to sell when GBTC operated as a closed-end fund, the pace of outflows is likely to decrease. CoinShares' report also highlighted that while European crypto funds offering exposure to digital assets like Solana and Litecoin experienced inflows, Ethereum funds witnessed cash withdrawals for the fourth consecutive week.\nBitcoin is currently trading at $71,316, slightly below its all-time high of $73,737 reached in March. BTC gained 6.84% in the past week as the Bitcoin halving, set for April 20, is approaching.", "In a recent report, digital asset fund manager CoinShareshighlightedthat the influx of cash into cryptocurrency funds, which has been driving upBitcoin's price, may start to taper off. Last week alone, $646 million entered major funds focused on digital asset investment, pushing the total inflows for 2024 to a record high of $13.8 billion.\nWhile Grayscale's Bitcoin Trust (GBTC) continued to experience outflows after its conversion to an exchange-traded fund (ETF) in January, investors showed interest in other Bitcoin-focused funds. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund received new investments, indicating a continued appetite for Bitcoin exposure. Although Bitcoin remained the primary focus for investment inflows, CoinShares noted that investor enthusiasm for these products is starting to moderate.\nHowever, as anticipated by experts, including CoinShares, the outflows from GBTC are expected to slow down. As investors redeem shares they were previously unable to sell when GBTC operated as a closed-end fund, the pace of outflows is likely to decrease. CoinShares' report also highlighted that while European crypto funds offering exposure to digital assets like Solana and Litecoin experienced inflows, Ethereum funds witnessed cash withdrawals for the fourth consecutive week.\nBitcoin is currently trading at $71,316, slightly below its all-time high of $73,737 reached in March. BTC gained 6.84% in the past week as the Bitcoin halving, set for April 20, is approaching.", "Bitcoin (BTC)is making a strong comeback, surging past $71,000 after a month of sideways trading. According to CoinMarketCap data, the largest cryptocurrency by market capitalization is now around 3.4% away from its all-time high of $73,737, which it reached in March.\nThe rally in Bitcoin's price has had a positive impact on companies associated with the crypto industry. MicroStrategy (MSTR), a software company, has seen its stock surge over 6%, currently trading at $1,531.67 per share. MicroStrategy has actively added BTC to its balance sheet this year, holding $15 billion worth of Bitcoin currently. Since January, the company's stock has more than doubled, boasting a remarkable 122% gain. Michael Saylor, the co-founder and chairman of MicroStrategy, has advocated that investing in the company's stock provides a safe way for investors to gain exposure to BTC.\nUS-based crypto exchange Coinbase (COIN), the largest crypto exchange in the United States, has also experienced a surge of over 6% in its stock price. The exchange, which went public in 2021, has been performing well this year. In February, Coinbase shared its Q4 2023 results, showing a return to profitability. Currently priced at $255.99 per share, Coinbase's stock has jumped by over 63% in 2024.\nHowever, Bitcoin mining companies are not seeing significant gains. Hut 8 Corp (HUT) has seen a marginal jump of less than 2% and is currently priced at $9.14 per share. CleanSpark, a company that utilizes green energy for BTC mining, has observed a rise of over 1%, with its stock trading at $15.79.", "Bitcoin (BTC)is making a strong comeback, surging past $71,000 after a month of sideways trading. According to CoinMarketCap data, the largest cryptocurrency by market capitalization is now around 3.4% away from its all-time high of $73,737, which it reached in March.\nThe rally in Bitcoin's price has had a positive impact on companies associated with the crypto industry. MicroStrategy (MSTR), a software company, has seen its stock surge over 6%, currently trading at $1,531.67 per share. MicroStrategy has actively added BTC to its balance sheet this year, holding $15 billion worth of Bitcoin currently. Since January, the company's stock has more than doubled, boasting a remarkable 122% gain. Michael Saylor, the co-founder and chairman of MicroStrategy, has advocated that investing in the company's stock provides a safe way for investors to gain exposure to BTC.\nUS-based crypto exchange Coinbase (COIN), the largest crypto exchange in the United States, has also experienced a surge of over 6% in its stock price. The exchange, which went public in 2021, has been performing well this year. In February, Coinbase shared its Q4 2023 results, showing a return to profitability. Currently priced at $255.99 per share, Coinbase's stock has jumped by over 63% in 2024.\nHowever, Bitcoin mining companies are not seeing significant gains. Hut 8 Corp (HUT) has seen a marginal jump of less than 2% and is currently priced at $9.14 per share. CleanSpark, a company that utilizes green energy for BTC mining, has observed a rise of over 1%, with its stock trading at $15.79.", "Multiple asset management firms based in China have expressed interest in offering spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, two prominent firms managing assets exceeding $200 billion each, have reportedly been exploring the possibility of introducing such ETFs.\nThe move comes as a result of stringent restrictions on cryptocurrency trading and mining in China, which prevent asset managers from offering ETFs within the country. Harvest Fund's Hong Kong arms had already submitted an application for a spot Bitcoin ETF in January. Southern Fund, which currently offers Bitcoin futures ETFs and ether futures ETFs in Hong Kong, may also be considering the launch of a spot Bitcoin ETF.\nCrypto investors in Hong Kong have eagerly anticipated the introduction of spot Bitcoin ETFs to the local market. In the previous year, the Hong Kong Monetary Authority and the Securities and Futures Commission announced their acceptance of applications for cryptocurrency-based ETFs. The availability of these funds would provide Hong Kong investors with a means to gain exposure to bitcoin.\nIn 2022, Harvest Fund Management's Hong Kong business arm successfully launched a futures crypto ETF, demonstrating the firm's previous foray into cryptocurrency-related investment products.", "Multiple asset management firms based in China have expressed interest in offering spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, two prominent firms managing assets exceeding $200 billion each, have reportedly been exploring the possibility of introducing such ETFs.\nThe move comes as a result of stringent restrictions on cryptocurrency trading and mining in China, which prevent asset managers from offering ETFs within the country. Harvest Fund's Hong Kong arms had already submitted an application for a spot Bitcoin ETF in January. Southern Fund, which currently offers Bitcoin futures ETFs and ether futures ETFs in Hong Kong, may also be considering the launch of a spot Bitcoin ETF.\nCrypto investors in Hong Kong have eagerly anticipated the introduction of spot Bitcoin ETFs to the local market. In the previous year, the Hong Kong Monetary Authority and the Securities and Futures Commission announced their acceptance of applications for cryptocurrency-based ETFs. The availability of these funds would provide Hong Kong investors with a means to gain exposure to bitcoin.\nIn 2022, Harvest Fund Management's Hong Kong business arm successfully launched a futures crypto ETF, demonstrating the firm's previous foray into cryptocurrency-related investment products.", "According to Arthur Hayes, co-founder of BitMEX, the upcoming Bitcoin halving combined with the actions of the Federal Reserve and Treasury will contribute to a significant decline in the cryptocurrency market for several weeks. In a recentblog poston April 8, Hayes expressed his belief that while theBitcoinhalving would eventually lead to price increases in the medium term, the immediate impact could be negative.\nHayes highlighted the prevailing narrative that the halving event would be beneficial for crypto prices but cautioned against such assumptions. He argued that when the majority of market participants anticipate a certain outcome, the opposite often occurs. Furthermore, Hayes noted that the halving coincides with a period of tighter dollar liquidity, and he outlined his theory on how the policies of the Federal Reserve and Treasury affect the markets.\nHayes also emphasized that the latter half of April would be a precarious period for risky assets due to factors such as U.S. tax payments reducing liquidity, the Federal Reserve initiating Quantitative Tightening, and the Treasury's General Account remaining untapped. Following the Federal Reserve's meeting on May 1, Hayes expects a reduction in the pace of money supply tightening and anticipates the release of approximately $1 trillion of liquidity into the system from the Treasury's General Account, which would likely boost the markets.\nWhile Hayes predicted a slump in Bitcoin and crypto prices around the time of the halving, he acknowledged the possibility of the market defying his bearish inclinations and continuing to rise. He also expressed that he is happy to be wrong, given his long positions in crypto assets.", "According to Arthur Hayes, co-founder of BitMEX, the upcoming Bitcoin halving combined with the actions of the Federal Reserve and Treasury will contribute to a significant decline in the cryptocurrency market for several weeks. In a recentblog poston April 8, Hayes expressed his belief that while theBitcoinhalving would eventually lead to price increases in the medium term, the immediate impact could be negative.\nHayes highlighted the prevailing narrative that the halving event would be beneficial for crypto prices but cautioned against such assumptions. He argued that when the majority of market participants anticipate a certain outcome, the opposite often occurs. Furthermore, Hayes noted that the halving coincides with a period of tighter dollar liquidity, and he outlined his theory on how the policies of the Federal Reserve and Treasury affect the markets.\nHayes also emphasized that the latter half of April would be a precarious period for risky assets due to factors such as U.S. tax payments reducing liquidity, the Federal Reserve initiating Quantitative Tightening, and the Treasury's General Account remaining untapped. Following the Federal Reserve's meeting on May 1, Hayes expects a reduction in the pace of money supply tightening and anticipates the release of approximately $1 trillion of liquidity into the system from the Treasury's General Account, which would likely boost the markets.\nWhile Hayes predicted a slump in Bitcoin and crypto prices around the time of the halving, he acknowledged the possibility of the market defying his bearish inclinations and continuing to rise. He also expressed that he is happy to be wrong, given his long positions in crypto assets.", '• South Koreans will vote on April 10 having considered crypto-related poll promises that the two main parties have made.\n• The role of crypto may have become even more significant in this election than the previous one.\nIn March 2022, former prosecutor Yoon Suk Yeol won the South Korean Presidential election by a margin of less than 1%, or 247,077 votes. It was the closest presidential election in the nation’s history.\nJust about two months later, theTerra stablecoin crashwiped away some $60 billion globally, with some 280,000 South Koreansreportedto have been victims.\nThere are more than 280,000 crypto investors in the nation – South Korean prosecutors said there were6.27 million crypto usersin September 2023.\nIf even 247,078 of these voters had cast their ballot only based on the crypto policies of candidates, the numbers suggest, the election result could have turned out differently. South Korea is one day away from an important election in which crypto has certainly been an issue. The role of crypto may have become even more significant in this election than the previous one.\nYoung people could play a decisive role, analysts say, in a nation of about 52 million people. The crypto ecosystem of whichyoung people make up a majority, has gone through a frenzy,shaking offand emerging from theshadow of Do Kwon and Terra, but crypto-related political promises may have acted as dopamine to activate voters from the sector.\nOn April 10, 2024, the nation is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly. It’s expected to come down to two parties – President Yoon Suk Yeol’s conservative People Power Party (PPP) will be seeking to improve its tally of 114 seats, while the liberal Democratic Party of Korea (DPK) will hope to consolidate its 156-seat hold on the assembly.\nSouth Korea’s legislative elections take place every four years. In 2020, the liberal party (DPK) won the election with ease. Thus, crypto, which was not as prominent as it is today, likely had a minimum impact.\nBut in this election, political analystssaid it will be difficultfor either party to get a majority, making any group of voters significant. “I would think so,” said the Seoul-based Head of Legal atHashedJin Kang when asked whether crypto could be a deciding factor in the coming election. "In the close presidential election of 2022, a key deciding demographic was the young population in their 20s and 30s. Both parties will be interested in capturing these younger votes." Perhaps what is unclear is whether the crypto-savvy voters will vote as one block.\n“A close election is a given,” said Abel Seow, the Seoul-based BitGo Asia-Pacific director. “But it’s hard to say whether crypto will be a deciding factor. What I can say is that with the passage of time and each cycle, the market has become bigger and bigger. Not only the involvement of investors but also traditional corporations. So, at some stage when these traditional corporations come in, and they have a crypto angle, elections could be impacted by the space.”\nIn the presidential election of 2022, President Yoon Suk-Yeol pledged to restrict taxes for crypto gains and allow initial coin offerings (ICO).\nIt is unclear whether his crypto-pledges were decisive in helping him win the historically close election. In the end, he couldn’t live up to the promise of allowing ICOs, and – with bipartisan support in the assembly – the taxes were deferred if not restricted.\nBut the potential for crypto election influence does explain why both the major parties in South Koreaare making new crypto-related pledgesin the lead-up to this election.\nThe opposing Democratic Party (DPK) has promised to allow investors to purchase spot bitcoin (BTC) exchange-traded funds (ETFs), while the PPP has said it’s also looking for waysto allow the ETFs.\nThe slight difference in the promises comes from their political outlook on pending crypto taxation policies.\nThe PPP has said it wouldprioritize a regulatory framework before taxation, effectively delaying a crypto gains tax scheduled to be implemented in January 2025.\nTaxation on income from virtual assets, as well as income from the “transfer or lending of virtual assets,” wasinitially delayed from 2023 to 2025. The DPK is expected to propose a comprehensive framework too, and wants to maintain the start of crypto-taxation in 2025. But it wants to put the 22% tax on crypto asset gains exceeding 50 million Korean won ($37,316) instead of the currently proposed 2.5 million Korean won ($1,865).\nThe PPP has also promised to establish a ‘digital asset promotion committee’ to propose laws and impose sanctions.\n“When it comes to taxes, both parties are giving a reason for a crypto-savvy person to vote for them, and the same goes for ETFs,” Seow said. “The fact that the topic of digital assets and whether or not to proceed with a spot bitcoin ETF during an election is a reflection of how the digital asset market has grown and the importance of it to the Korean economy, including to that of institutional investors.”\nCrypto-friendly policies for institutions in South Korea may still be a long way off, because in this year of elections, known as the "super election year," lawmakers may want to make sure their framework is not cast in stone before global consensus.\n“It is unlikely that we will see a market regulation during this super election year,” Kang said. “South Korean authorities are wary of jurisdictional arbitrage in crypto regulation that may be inconsistent with approaches of major countries such as the EU and the U.S."\nSouth Korea’s election is “part of a slew of upcoming elections across the world that will inevitably influence the direction and pace of crypto policy making, but I think it’s the U.S. presidential elections that will be a major one for crypto policy,” said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs.\nRead More:As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra’s Shadow', '• Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post.\n• U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.\nGear up for some pain in the digital assets market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, will probably face selling pressure in the days before and after the mining-reward halving due April 20, a supposedlybullish event.\nThat\'s the message from Arthur Hayes, a co-founder and former CEO of crypto exchange BitMEX and the chief investment officer at Maelstrom.\nIn his latest blog post, "Heatwave,"Hayes explainedthat the bullish halving narrative is "well entrenched," leaving the doors open for a so-called price correction. In crypto, a correction is considered aprice drop of at least 10%.\nThe bullish narrative stems from data showing bitcoin tends to chalk out stellar multimonth rallies in the months after thehalving, an event that reduces the pace of supply expansion rate by 50% every four years. This time the halving will cut the per-block issuance to 3.125 BTC from 6.25 BTC.\n"The narrative of the halving being positive for crypto prices is well entrenched," Hayes wrote. "When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving."\nSeveralanalysts have arguedthat the supply slowdown is priced in and the market could correct following the event. Bitcoin has rallied over 65% this year, setting new records above $70,000 well before the halving.\nHayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve\'squantitative tightening(QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving.\n"Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets. The timing of the halving adds further weight to my decision to abstain from trading until May," Hayes said.\nTax payments typically remove liquidity from the financial system as individuals withdraw cash from bank deposits and market funds to pay their dues.\nWhen the dollar\'s liquidity dries up, it appreciates against other fiat currencies, and borrowers with dollar-denominated loans face higher interest expenses and scale-back exposure to risk assets like cryptocurrencies and technology stocks. The dollar\'s weakening has the opposite impact. The U.S. dollar, a global reserve currency, plays an outsized role in global trade, non-bank borrowing, and international debt.\nLiquidity outflows due to impending tax paymentscould be sizeable, thanks to capital gains from the booming stock markets and interest income from elevated interest rates. In other words, the balance in the Treasury General Account (TGA) is set to rise sharply in the second half of April. The TGA is the government\'s operating account maintained at the Fed to collect tax revenue, customs duties, proceeds from securities sales and debt receipts and meet government expenses.\n"When the Treasury receives tax payments, the TGA balance rises. I expect the TGA balance to swell well above the current ~$750 billion level as tax payments are processed on April 15th. This is dollar liquidity negative," Hayes said. "The precarious period for risky assets is April 15th to May 1st."\nHayes expects Treasury Secretary Janet Yellen to run down the Treasury General Account after May 1, providing a bullish tailwind to risk assets in months leading up to the U.S. presidential election in November.\n"After May 1st, the pace of QT declines, and Yellen gets busy cashing checks to jack up asset prices. If you are a trader looking for an opportune time to put on a cheeky short position, the month of April is the perfect time to do so. After May 1st, it’s back to regular programming … asset inflation sponsored by Fed and U.S. Treasury financial shenanigans," Hayes wrote.', '• Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post.\n• U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.\nGear up for some pain in the digital assets market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, will probably face selling pressure in the days before and after the mining-reward halving due April 20, a supposedlybullish event.\nThat\'s the message from Arthur Hayes, a co-founder and former CEO of crypto exchange BitMEX and the chief investment officer at Maelstrom.\nIn his latest blog post, "Heatwave,"Hayes explainedthat the bullish halving narrative is "well entrenched," leaving the doors open for a so-called price correction. In crypto, a correction is considered aprice drop of at least 10%.\nThe bullish narrative stems from data showing bitcoin tends to chalk out stellar multimonth rallies in the months after thehalving, an event that reduces the pace of supply expansion rate by 50% every four years. This time the halving will cut the per-block issuance to 3.125 BTC from 6.25 BTC.\n"The narrative of the halving being positive for crypto prices is well entrenched," Hayes wrote. "When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving."\nSeveralanalysts have arguedthat the supply slowdown is priced in and the market could correct following the event. Bitcoin has rallied over 65% this year, setting new records above $70,000 well before the halving.\nHayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve\'squantitative tightening(QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving.\n"Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets. The timing of the halving adds further weight to my decision to abstain from trading until May," Hayes said.\nTax payments typically remove liquidity from the financial system as individuals withdraw cash from bank deposits and market funds to pay their dues.\nWhen the dollar\'s liquidity dries up, it appreciates against other fiat currencies, and borrowers with dollar-denominated loans face higher interest expenses and scale-back exposure to risk assets like cryptocurrencies and technology stocks. The dollar\'s weakening has the opposite impact. The U.S. dollar, a global reserve currency, plays an outsized role in global trade, non-bank borrowing, and international debt.\nLiquidity outflows due to impending tax paymentscould be sizeable, thanks to capital gains from the booming stock markets and interest income from elevated interest rates. In other words, the balance in the Treasury General Account (TGA) is set to rise sharply in the second half of April. The TGA is the government\'s operating account maintained at the Fed to collect tax revenue, customs duties, proceeds from securities sales and debt receipts and meet government expenses.\n"When the Treasury receives tax payments, the TGA balance rises. I expect the TGA balance to swell well above the current ~$750 billion level as tax payments are processed on April 15th. This is dollar liquidity negative," Hayes said. "The precarious period for risky assets is April 15th to May 1st."\nHayes expects Treasury Secretary Janet Yellen to run down the Treasury General Account after May 1, providing a bullish tailwind to risk assets in months leading up to the U.S. presidential election in November.\n"After May 1st, the pace of QT declines, and Yellen gets busy cashing checks to jack up asset prices. If you are a trader looking for an opportune time to put on a cheeky short position, the month of April is the perfect time to do so. After May 1st, it’s back to regular programming … asset inflation sponsored by Fed and U.S. Treasury financial shenanigans," Hayes wrote.', 'No next-big-thing investment trend has arguably been hotter since the advent of the internet thanartificial intelligence (AI)is right now.\nWhen discussing "AI," I\'m referring to software and systems handling tasks that would normally be overseen by humans. Machine learning gives software and systems the ability to learn and evolve without human intervention, which can make these systems more proficient at their tasks over time.\nThe utility of AI can\'t be overstated enough. Almost every sector and industry can benefit from its use, which is probably why the analysts at PwC believe artificial intelligence will add $15.7 trillion to the global economy come 2030.\nWhile most institutional money managers and Wall Street analysts view AI and the companies deploying AI infrastructure and software favorably,this bullishness isn\'t universal. Based on the low-water price targets issued by a select group of Wall Street analysts, the following five AI stocks could plunge by as much as 86%!\nThe first AI stock that could tumble after a monstrous run higher is none other than the infrastructure backbone of the AI revolution,Nvidia(NASDAQ: NVDA). In February, D.A. Davidson analyst Gil Luria raised his and his firms\' price target on Nvidia to $620 from $410. Despite this epic increase, it implies that the third-largest public company by market cap in the U.S. will shed 30% of its value, based on where it closed on April 5.\nAlthough Nvidia\'s A100 and H100 graphics processing units (GPUs) have been the overwhelming top choice of businesses for AI-accelerated data centers, there are plenty of reasons to be believe Nvidia stock could be in a bubble.\nTo start with, Nvidia\'s top four customers, which comprise about 40% of its sales, are all developing AI GPUs of their own. Even if these companies continue to rely on Nvidia\'s GPUs as complements to their in-house GPUs, future orders from these industry leaders would be expected to decline.\nTo add to the above, Nvidia\'s pricing power on its A100 and H100 GPUs is expected to take a hit in the latter-half of 2024. The lion\'s share of its 217% increase in data center sales in fiscal 2024 (ended Jan. 28, 2024) was driven by GPU scarcity. As new competitors enter the arena and Nvidia ramps up its own production, GPU scarcity will diminish -- as will the company\'s pricing power.\nFurther, every next-big-thing trend over the last 30 years has navigated its way through an early stage bubble. Suffice it to say, I fully expect Luria\'s price target to be hit.\nA second artificial intelligence stock that could plummet in the not-too-distant future if one Wall Street analyst is correct is server and storage solutions companySuper Micro Computer(NASDAQ: SMCI). Senior equity research analyst Mehdi Hosseini of Susquehanna stood firm on his price target of $250 for Super Micro just two months earlier in an interview on CNBC. This would imply Super Micro Computer losing almost three-quarters of its current value.\nIt\'s understandable why investors have gone head over heels for Super Micro. The company incorporates Nvidia\'s top-tier GPUs in its energy-efficient and highly customizable rack servers that are utilized in AI-accelerated data centers. Sales for the company are expected to double in 2024 to north of $14 billion.\nHowever, we\'ve been here before with Super Micro. It was expected to be a prime beneficiary of the cloud-computing revolution in the late 2010s, but failed to maintain its sales momentum. This speaks to the fact that investors have a terrible habit of overestimating the adoption of new trends and innovations.\nSuper Micro Computer also finds itself at the mercy of Nvidia. If the latter continues to deal with supply issues/scarcity for its GPUs, Super Micro will fail to realize its full potential.\nWhile a retracement to $250 may not be in the cards anytime soon, Super Micro Computer definitely has a lot to prove after its stock appreciated by 767% over the trailing year.\nThe potential disasterdu jouramong AI stocks is North America\'s leading electric-vehicle (EV) manufacturerTesla(NASDAQ: TSLA). CEO and founder Gordon Johnson of GLJ Research believes Tesla will retrace to $23.53 per share, which would represent 86% downside from where it closed on April 5.\nOn one hand, Tesla has made history by becoming the first automotive company to build itself from the ground up to mass production in well over a half-century. It\'s also the only EV pure-play that\'s generating a recurring profit (four consecutive years, as of the end of 2023).\nAt the same time, Tesla is encountering game-changing challenges as EV demand tapers off. The company slashed the sales price of its Last 60 Days of Bitcoin's Closing Prices: [47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-09 Financial & Commodity Data: - Gold Closing Price: $2343.50 - Crude Oil Closing Price: $85.23 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,400,173,079,450 - Hash Rate: 603310755.8860255 - Transaction Count: 453811.0 - Unique Addresses: 683771.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – February 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN. Bitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens. With the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy. The launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms. In a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. The anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors. CleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024. CLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. Nvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025. Nvidia has a Zacks Rank #2 and a Growth Score of A at present. Advanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year. AMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold). Marathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year. Marathon Digital has a Zacks Rank #3 and a Momentum Score of B at present. Iris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year. Iris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B. Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Cleanspark, Inc. (CLSK) : Free Stock Analysis Report Iris Energy Limited (IREN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks sold off on Tuesday as investors brace for the March CPI inflation report.\n• The inflation report will help set the narrative about future interest rate cuts from the Federal Reserve.\n• After the CPI report, investors will turn their attention to the start of first quarter earnings results.\nUS stocks slipped on Tuesday as investors brace for the Wednesday morning release ofthe March CPI report.\nThe March consumer price index report is set to be released Wednesday morning, and investors expect a continued decline in inflation. Current estimates suggest year-over-year core CPI will drop to 3.7% compared to the previous reading of 3.8%, while month-over-month Core CPI is expected to drop to 0.3% compared to the prior reading of 0.4%.\nAny acceleration in inflation will significantly raise the risk that interest rate cuts from the Federal Reserve are pushed back, and that could have negative implications for stock prices,according to JPMorgan.The bank previewed two other scenarios depending on what the CPI report looks like.\n"Tomorrow\'s March CPI report will be paramount," Macquarie strategist Thierry Wizman said.\nAfter the release of the CPI report, investors will turn their attention to the start of first quarter earnings results, with JPMorgan and Wells Fargo set to kick off earnings season before the market opens on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:5,209.91, up 0.14%\n• Dow Jones Industrial Average:38,883.67, 0.02% (-9.13 points)\n• Nasdaq Composite:16,306.64, up 0.32%\nHere\'s what else happened today:\n• A famed recession indicator is flashing redeven as financial markets price in zero chance of a downturn in the coming year.\n• You can thank the baby boomers for the strong economy,according to Ed Yardeni, who said their spending in retirement will help lift economic growth going forward.\n• Any spike in inflation would send gold prices surging as much as 50% through 2025,according to market veteran Ed Yardeni.\n• These 8 stocks will post unexpectedly strong Q1 earningsduring one of the best settings for stock-pickers in almost 20 years, according to Evercore.\n• The highly volatile Destiny Tech100 fund that invests in private startups plunged 36%.Here are the fund\'s top 10 holdings.\n• Home prices are poised to jump another 5% in 2024as the market remains even tighter than it was in 2023, according to Capital Economics.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 1.32% to $85.29 a barrel.Brent crude, the international benchmark, slipped 1.01% to $89.47 a barrel.\n• Goldjumped 0.68% to $2,367.00 per ounce.\n• The 10-year Treasury yield fell six basis points to 4.367%.\n• Bitcoindropped by 3.86% to $68,865.\nRead the original article onBusiness Insider', 'Analysts at JMP Securities firmed up their view of cryptocurrency exchangeCoinbase(NASDAQ: COIN)on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its "outperform" rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock\'s Apr. 8 closing price.\nShares of Coinbase have surged this year asBitcoinhas rallied nearly 70% so far in 2024.\nCoinbase has also made legitimate progress in reducing its costs, a necessity as cryptocurrency trading volumes dried up during the last crash. The company has also expanded its sources of revenue beyond transaction fees.\nThe company\'s latest results put this progress on display. While revenue was down slightly in 2023, adjusted EBITDA surged into positive territory, and the company even reported a small net profit. Coinbase benefits when cryptocurrency prices are rising or volatile, both of which can induce heightened trading activity.\nThe big problem with Coinbase stock is that most of its revenue sources ultimately require sustained interest in cryptocurrencies. The company now generates meaningful revenue fromstablecoins, but the sustainability of that revenue is unclear.\nIt may be a better idea toinvest in Bitcoin directlyor through an exchange-traded fund rather than speculate on Coinbase stock. While Coinbase is a much leaner company than it was during the last cryptocurrency bubble, the company has yet to show that it can sustainably turn a profit outside of those bubbles.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Stock Has 25% Upside, According to 1 Wall Street Analystwas originally published by The Motley Fool', "Investors' speculative interest in the cryptocurrency market has surged to similar levels of the 2021 bull run,accordingto a recent report by Glassnode. This comes as the highly anticipated Bitcoin halving event draws near, growing enthusiasm of a significant price movement in the near future.\nData analysis indicates thatBitcoin's bullish momentum has been building since October 2023, leading to a period of high liquidity and volatility. Glassnode highlights that the strong demand in spot markets has supported Bitcoin's year-to-date performance, mirroring a similar structure observed during the 2021 bull run.\nBitcoin gained 62% so far in 2024, with its price currently at $68,748. BTC reached new all-time highs of $73,750.07 on March 14. The introduction of spot Bitcoin ETFs in the United States on January 11 has contributed to a surge in BTC spot trading volume, peaking in March. Glassnode's report suggests that the market has now entered a state of euphoria, accompanied by a notable increase in profit-taking activities.\nFurthermore, the flow of Bitcoin in and out of exchanges has seen a significant increase since July 2023. Glassnode's data reveals that the average daily total inflows and outflows from exchanges presently stand at $8.19 billion, surpassing the peak of the 2021 bull market.", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while supply stays controlled.\nIn five years' time, I would be shocked if Bitcoin hasn't at least doubled in price. I expect its return to be much higher than that, though.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while supply stays controlled.\nIn five years' time, I would be shocked if Bitcoin hasn't at least doubled in price. I expect its return to be much higher than that, though.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", 'By Summer Zhen and Jason Xue\nHONG KONG (Reuters) - Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.\nThat timeline would make Hong Kong Asia\'s first city to offer the popular ETFs and is much faster than industry expectations of launches sometime this year.\nRegulators have sped up the approval process, according to one of the people.\nHaving lost much of its shine as a global financial hub due to restrictions during the pandemic, China\'s faltering economy and Sino-U.S. tensions, Hong Kong authorities have been keen to do what they can to improve the city\'s attractiveness for financial trading.\n"The significance of Hong Kong ETFs is far-reaching as it could bring in fresh global investment as well as pushing crypto adoption to a new height," said Adrian Wang, CEO of Metalpha, a Hong Kong-based crypto wealth manager.\nThe U.S. launched the first U.S.-listed exchange-traded funds (ETFs) to track spot bitcoin in January, drawing roughly $12 billion in net inflows, data from BitMEX Research shows.\nBitcoin has gained more than 60% this year and hit an all-time high of $73,803 in March. It was trading at around $69,000 on Wednesday.\nAt least four mainland Chinese and Hong Kong asset managers have submitted applications to launch the ETFs, the two sources said.\nThe Hong Kong units of China Asset Management, Harvest Fund Management and Bosera Asset Management are among the applicants, according to the two people and a third source.\nThe sources were not authorised to speak to media and declined to be identified.\nHong Kong\'s Securities and Futures Commission (SFC) and the three Chinese companies declined to comment.\nChina Asset Management and Harvest Fund Management\'s Hong Kong units obtained approval this month to manage portfolios that invest more than 10% in virtual assets, according to the SFC\'s website.\nTheir parent companies are among the biggest mutual fund firms in China, with each managing over 1 trillion yuan ($138 billion) in assets.\nAlthough cryptocurrency trading is banned in mainland China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.\nHong Kong approved its first ETFs for cryptocurrency futures in late 2022. The largest one - the CSOP Bitcoin Futures ETF - has seen its assets under management swell seven times since September to around $120 million.\nHong Kong-based Value Partners has also said it is exploring launching a spot bitcoin ETF. It has not disclosed if it has submitted an application.\n($1 = 7.2305 yuan)\n(Reporting by Summer Zhen in Hong Kong, Jason Xue and Samuel Shen in Shanghai; Editing by Edwina Gibbs)', 'By Suzanne McGee and Hannah Lang\n(Reuters) - Outflows from the Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the latest episode of Inside ETFs.\nGrayscale has battled to retain dominance of the bitcoin exchange-traded fund (ETF) market since rival offerings from nine other issuers emerged in January, after the U.S. Securities and Exchange Commission (SEC) approved the launch of the products after a decade-long tussle with the crypto industry.\nTotal outflows from Grayscale Bitcoin Trust (GBTC) in the last three months topped $15 billion, according to data from BitMEX Research, although the surge in bitcoin\'s value has helped ensure that Grayscale\'s assets under management have dipped only slightly to $23.13 billion.\n“We do believe that the fund has started to reach a little bit of an equilibrium where some of those anticipated outflows, whether it was some of the bankruptcy selling, some investors perhaps undertaking switch trades, (are) largely behind us,” Sonnenshein said.\nSome of those outflows were the result of selling connected to the bankruptcy settlements of FTX and other defunct crypto companies, Sonnenshein told Reuters, as well as investors selling the Grayscale ETF only to immediately buy another.\nMany crypto companies that filed for bankruptcy in 2022 and 2023 had shares of Grayscale\'s then-trust on their balance sheets and looked to sell those shares once the product converted to an ETF in order to repay creditors. That has yet to be fully reflected in flows data.\nWhile daily outflows currently fall well below the $600 million or so seen in March, they\'re still solidly in the red. On Monday, Grayscale saw outflows of $303 million, according to BitMEX Research.\n"As we look ahead, again, it\'s more about bringing more investors into the ecosystem (and) continuing to innovate on the product front," Sonnenshein said.\nSonnenshein suggested that Grayscale may take steps to compete with newer rival offerings from BlackRock, Fidelity and others. BlackRock\'s iShares Bitcoin Trust, which has a fee of 0.12%, has pulled in some $17.8 billion in assets.\nLast month, Grayscale said it will seek approval from the U.S. Securities and Exchange Commission to spin off a still-unspecified portion of the ETF\'s assets into a new, lower-fee Bitcoin Mini Trust. The company has declined to comment on what those fees would be.\nCurrently, Grayscale levies a 1.5% percentage fee on its converted ETF, substantially larger than the average fee of about 0.25% charged by most of its newer rivals, with waivers reducing that still further.\n"Over time, as markets mature, we anticipate that GBTC\'s fees will come down," Sonnenshein said.\nBitcoin, the world\'s largest cryptocurrency, has enjoyed a boost since the ETFs hit the market, and is up more than 60% this year.\nGrayscale also hopes to win SEC approval to convert another of its products into a spot ether ETF. The SEC must rule on other similar proposals by late May.\nGrayscale sued the SEC after it rejected its application for a spot bitcoin ETF in 2022. An appeals court sided with Grayscale, ordering the SEC to reexamine its decision, which paved the way for the bitcoin ETF approvals in January.\n"We\'re optimistic that the SEC will be on the right side of history here and also permit those products to come to market," Sonnenshein said.\n(Reporting by Suzanne McGee and Hannah Lang in New York; additional reporting by Ramzan Karmali in London; Editing by Ira Iosebashvili and Bill Berkrot)', 'The cryptocurrency market rebounded sharply over the past year amid signs of economic resilience. Inflation has cooled, recession fears have diminished, and the Federal Reserve anticipates a few interest rate cuts this year. Low-rate environments have historically been a good thing for cryptocurrencies, so investors have moved back into the market.\nAnother reason for the upward momentum is excitement surrounding spot exchange-traded funds (ETFs) forBitcoin(CRYPTO: BTC)andEthereum. Those vehicles track (or would track) the price of the underlying cryptocurrency. Spot Bitcoin ETFs were approved in January and, while many analysts think spot Ethereum ETFs will initially be rejected, they anticipate approval eventually.\nFinally, investors are amped up about the halving of Bitcoin mining rewards slated to occur this month. It will be the fourth halving event since Bitcoin was created in 2009, and the last three halving events led to significant price appreciation. Investors are undoubtedly hoping for the same outcome this time around.\nAgainst that backdrop, Bitcoin soared 136% over the past year, but some Wall Street analysts see the cryptocurrency moving much higher during this market cycle. For instance, Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes Bitcoin could reach $150,000 before the end of 2024 and $500,000 within five years. Bitcoin is currently worth $70,000, so the implied upside is 114% this year and 614% by 2029.\nHere\'s what investors should know.\nLee rationalized his bullish call onBitcoinduring a recent CNBC interview. "You\'ve got demand improving with the [spot Bitcoin] ETF, you have the supply shrinking with the halving, and if monetary policy eases, which we expect, you know that\'s supportive of risk assets," he said in February.\nLee is no stranger to bold predictions. For instance, he also told CNBC that theRussell 2000could soar 45% this year. The Russell 2000 is a benchmark forsmall-capstocks, and Lee sees the index as undervalued compared to the large-capS&P 500. Of course, investors should always consider predictions with skepticism, but Lee does have a reasonably good track record.\nHe predicted the S&P 500 would rally 24% to reach 4,800 in 2023 as the Federal Reserve eased up on interest rate hikes. Lo and behold, the index ended the year at 4,770. Better yet, Lee\'s stock-picking product (Granny Shots) has more than doubled the performance of the S&P 500 since its inception in January 2019. That is impressive because just 21% of large-cap funds beat the S&P 500 over the last five years.\nI mention those accomplishments not to imply Lee is correct about Bitcoin, but rather to point out that his forecast is worth consideration. So, let\'s talk about the catalysts he believes could send the cryptocurrency to $500,000 in the next five years: Spot Bitcoin ETFs and the halving of mining rewards.\nLike any asset, Bitcoin prices are determined by supply and demand. However, Bitcoin is a somewhat specialized case because its supply is limited to 21 million coins. That supply cap makes the cryptocurrency valuable in the same way that scarcity makes precious metals valuable. But scarcity is irrelevant without demand.\nWith that in mind, various signals currently indicate that Bitcoin demand is rising. Long-term holders were net buyers in the fourth quarter. Monthly active addresses, new addresses, and transaction count have been trending upward. And the number of accounts with at least 0.1 BTC hit a new all-time high in December 2023, according to Fidelity.\nGoing forward, spot Bitcoin ETFs could accelerate demand because they offer direct exposure to the cryptocurrency without the friction of specialized exchanges and blockchain wallets. In addition, with many of the largest asset managers participating as issuers -- including No. 1BlackRockand No. 3 Fidelity -- some analysts believe institutional investors will take a greater interest in Bitcoin.\nThe first spot Bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024, and the launch has been an unmitigated success. Most notably, BlackRock\'siShares Bitcoin ETFbecame the fastest ever to reach $10 billion in assets, according toThe Wall Street Journal. That trend could certainly continue in the future, especially after institutional investors have had time to study the market.\nThe April 2024 halving event is the next catalyst on the horizon. Halving events enforce the 21 million coin limit through programmed reductions in mining rewards. Miners are awarded Bitcoin when they successfully validate blocks of transactions, but the payout is slashed by 50% each time 210,000 blocks are added to the blockchain. That happens about once every four years.\nHalving events attentuate selling pressure, simply because miners have less Bitcoin to sell. As a result, Bitcoin has become much more valuable following all three past halving events, which took place in 2012, 2016, and 2020. Its price rose 5,300% between the first and second halving, and 1,200% between the second and third halving. Bitcoin has returned 715% since the third halving event.\nLee\'s forecast has merit, and Bitcoin could certainly be worth more (perhaps much more) in the future. However, investors should never fixate on specific price targets. Forecasts are inherently unreliable, even when they\'re based on decades of data. But Bitcoin has only existed for about 15 years, so forecasts concerning the cryptocurrency are particularly questionable.\nFurthermore, investors should remember that Bitcoin has historically been a very volatile asset. For instance, its price plummeted 76% between November 2021 and November 2022. Similar volatility should be expected in the future.\nHere\'s the bottom line: There\'s no guarantee Bitcoin will come anywhere close to $500,000 in the next five years, but it has created substantial wealth in the past, and it could create more wealth in the future. Patient investors who are comfortable with extreme risk and volatility should buy a small position in Bitcoin today.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now -- It Could Soar 614%, According to a Wall Street Analystwas originally published by The Motley Fool', "Though it appears like investor enthusiasm has never been higher, there are still buying opportunities to be found in the stock market. Even innovative and disruptive businesses are ripe for picking right now.\nBlock(NYSE: SQ)might be one of them. Thisfintech stock, which is led by the visionary Jack Dorsey, currently sits 72% below its all-time high. That peak price was set in August 2021, so investors have clearly soured on the company.\nIs it time to buy shares?\nThe best way to understand Block is by realizing that it is really two different businesses operating under one roof. Payments are at the heart of what this company does, but there is so much more going on.\nCash App caters to individuals, providing them with a wide range of financial services to better manage their money in an easy-to-use mobile interface. There are currently 56 million monthly active Cash App users, and the segment posted 33%gross profitgrowth in 2023.\nOn the other end, Square focuses on merchants, offering valuable tools like payment terminals, working capital loans, employee payroll management, and loyalty programs that make running a small business more seamless. This is what Block was founded on more than a decade ago. Square handled $53.5 billion of gross dollar volume in Q4, up 10% year over year.\nOperating in the fintech sector means Block faces stiff competition from numerous sources. Cash App competes primarily withPayPal's Venmo, but it also goes up against traditional banks and brokerage services. And Square deals with a vast number of rivals in the merchant market.\nTo be clear, there are other, lesser-known segments that investors might not be familiar with. There's the music-streaming platform Tidal, as well as Bitcoin-related divisions Spiral and TBD, that don't really move the needle for Block from a financial perspective. At the end of the day, Square and Cash App drive the company's performance.\nTo its credit, Block has done a great job carving out a niche in the industry by prioritizing offering exactly what its customers needs to better manage their financial lives. This has been the case historically, and it will continue to be the case. Investors will appreciate this company's long-term growth prospects.\nAccording to the leadership team, Square and Cash App combined have a $190 billion gross profit total addressable market. For comparison's sake, the entire company generated $7.5 billion of gross profit last year, meaning that it has captured just 4% of its estimated opportunity. Of course, investors should take these kinds of projections with a grain of salt, but it shows you the potential for Block to continue expanding.\nBy entering new markets, introducing new product and service features, and gaining more users, the business has a proven playbook to keep the growth going. I think as Block scales up, it's totally reasonably for shareholders to start expecting an improving bottom line. This year, management forecasts an adjustedoperating marginof 13%.\nAlthough theNasdaq Compositeremains near all-time highs, it can be discouraging knowing that Block shares haven't benefited from the market's strong rally. The stock has dropped 70% in the past three years.\nBut this is a much stronger company today than it was back then, with a greater focus on efficiency and financial soundness. And its prospects remain bright as we look out over the long term.\nThat's why at a compelling price-to-sales multiple of just 2.2, investors should really think about adding Block stock to their portfolios.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nIs Block Stock a Buy?was originally published by The Motley Fool", 'Bringing new technologies to market is never a smooth process. There was an entire stock market collapse in the early 2000s when the internet bubble burst, which proved that even the most revolutionary technologies must be supported by a viable business model in the long run.\nArtificial intelligence (AI) is the new craze among stock market investors at the moment. This frenzy isn\'t quite as irrational as the dot-com period two decades ago, because companies likeNvidia(NASDAQ: NVDA)genuinely have billions of dollars in sales and profit from AI. In other words, AI is already big business.\nHowever, while Nvidia shares have surged 215% in the past year alone, AI stocks likeC3.ai,Lemonade, andUpstartare each down more than 80% from their all-time highs.\nIt means picking winners and losers in the AI race won\'t be any easier than it was with other hot technologies in the past. But if the industry does well as a whole, investors don\'t need a crystal ball to make money while minimizing their risk.\nExchange-traded funds(ETFs) are designed to give investors exposure to a specific segment of the broader market by holding dozens, or even hundreds of individual stocks. They are usually actively managed by a team of professionals, which means investors might get more peace of mind by owning one or two ETFs instead of building a portfolio of individual stocks themselves.\nA number of AI-focused ETFs have launched over the last few years, and they each have different characteristics. TheiShares Robotics and Artificial Intelligence Multisector ETF(NYSEMKT: IRBO)and theGlobal X Autonomous & Electric Vehicles ETF(NASDAQ: DRIV)might be two great picks for investors looking to dive into the world of AI.\nThe iShares ETF holds 109 different stocks and the Global X fund holds 75, so the failure of one individual AI company won\'t derail their portfolios or lead to catastrophic financial losses for investors.\nThe iShares ETF was established in 2018, and it manages around $659 million in assets for investors. It has a mandate to invest in companies at the forefront of the AI and robotics industries across the value chain.\nThe iShares ETF tries to maintain an equal-weight allocation, which means no single stock will have a disproportionate effect on the ETF\'s returns over time. Its top 10 holdings include some of the most popular AI stocks, and they account for 15.1% of the total value of its portfolio:\n[{"Rank/Stock": "6.PB Fintech", "ETF Weighting": "1.32%"}, {"Rank/Stock": "7.Informatica", "ETF Weighting": "1.28%"}, {"Rank/Stock": "8.Megaport", "ETF Weighting": "1.25%"}, {"Rank/Stock": "9.Advanced Micro Devices", "ETF Weighting": "1.25%"}, {"Rank/Stock": "10.Netflix", "ETF Weighting": "1.22%"}]\nData source: iShares. Portfolio weightings are accurate as of April 5, 2024, and are subject to change.\nMicroStrategy might seem like a peculiar pick for the iShares ETF\'s top holding because it mostly makes headlines for its largeBitcoinpurchases. However, the company also has a portfolio of cloud software tools to help businesses integrate AI into their data workflows.\nArm Holdings in the second spot makes more sense because it designs semiconductors on behalf of AI hardware leaders like Nvidia and AMD. Investors might not associate Spotify or Meta Platforms with AI, but they are in the ETF\'s top five holdings because they both use the technology in their core businesses.\nSpotify developed an AI recommendation engine to feed relevant music suggestions to its users, and Meta uses AI to curate content on its Facebook and Instagram social media platforms. Meta has also developed one of the most advanced open-source large language models (LLMs), which developers can use to create their own AI applications.\nA number of other popular tech stocks sit outside of the ETF\'s top 10 holdings, includingAmazon,Microsoft,Apple, andAlphabet.\nThe iShares fund has generated a 7.6% compound annual return since its inception. That trails theS&P 500index, which has delivered a 10.7% return over the same period. Not every company that uses AI will be a winner, and the ETF owns some laggards likeSnowflake,Pinterest, andSnap.\nNevertheless, the iShares fund has the potential to deliver steady returns in the long run while -- most importantly -- limiting risk. It\'s a great addition to any investment portfolio in need of AI exposure.\nThe Global X ETF was established in 2018, and it takes a different approach than its peers in a couple of ways.\n1. It focuses on companies developing autonomous technologies specifically (in addition to electric vehicles), which is a key subsegment of the AI industry.\n2. It isn\'t constructed with an equal-weight allocation, so despite owning 75 different stocks, its top 10 holdings account for 28.9% of the total value of its portfolio:\n[{"Rank/Stock": "6.Apple", "ETF Weighting": "2.66%"}, {"Rank/Stock": "7.Intel", "ETF Weighting": "2.39%"}, {"Rank/Stock": "8.Honeywell", "ETF Weighting": "2.22%"}, {"Rank/Stock": "9.Tesla", "ETF Weighting": "2.19%"}, {"Rank/Stock": "10.Hitachi", "ETF Weighting": "1.96%"}]\nData source: Global X. Portfolio weightings are accurate as of April 5, 2024, and are subject to change.\nNvidia is the ETF\'s top holding, but not necessarily for its industry-leading AI data center chips. Nvidia also has an automotive segment that is home to its Drive platform. It offers car manufacturers all of the hardware and software they need to install self-driving capabilities into their new vehicles.\nSimilarly, Alphabet owns Waymo, a leading autonomous vehicle company. Consumers can already book a Waymo self-driving car in Phoenix, Arizona, throughUber\'s ride-hailing platform. Then there is electric vehicle giant Tesla, which has developed arguably the most advanced autonomous driving software in the world. Customers have already driven more than 500 million miles in the real world using beta versions.\nA couple of Japanese companies are also in the Global X ETF\'s top 10. Toyota is one of the world\'s largest car manufacturers, and it\'s focusing heavily on electric and hybrid vehicles. Hitachi, on the other hand, makes components for such vehicles, and it also develops AI systems to power autonomy in everything from cars to mining equipment.\nOutside of the top 10, the fund also owns stakes in car companies likeFord Motor CompanyandGeneral Motors. Plus, it holds stocks in the supply chain, including lithium minersPilbara MineralsandPiedmont Lithium.\nThe Global X ETF has delivered a compound annual return of 10.2% since its inception, outperforming its iShares peer but lagging the S&P 500 (albeit marginally). There is a clear global trend toward electrification and autonomy, which bodes well for the ETF\'s long-term potential, but these technologies do face regulatory hurdles. If autonomous driving never goes mainstream, for example, that would hurt many of the companies in the fund, which is a risk investors should consider.\nBefore you buy stock in iShares Robotics and Artificial Intelligence Multisector ETF , consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Robotics and Artificial Intelligence Multisector ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors.Anthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Bitcoin, Lemonade, Meta Platforms, Microsoft, Netflix, Nvidia, Pinterest, Qualcomm, Snowflake, Spotify Technology, Tesla, Uber Technologies, and Upstart. The Motley Fool recommends C3.ai, General Motors, and Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $25 calls on General Motors, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy.\nBuying Artificial Intelligence (AI) Stocks Can Be Risky. Avoid Losing Your Shirt With This Simple Strategywas originally published by The Motley Fool', '• After the approval of several spot bitcoin ETFs in January, investors may have sold their GBTC shares to move into new products.\n• Daily outflows from GBTC have fallen significantly since hitting $600 million in March.\nMichael Sonnenshein, CEO of digital asset investment manager Grayscale, sees outflows from the company\'s bitcoin {{BTC}} exchange-traded fund (ETF) reaching an equilibrium,Reuters reported on Wednesday.\nSonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us," according to the report, citing an appearance on a Reuters podcast.\nWhen the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin ETFs in January, Grayscale\'s product (GBTC), which had already existed for several years as a trust, experienced significant outflows as existing investors likely sold their shares to buy into one of the new funds.\nAnother reason for the outflows was GBTC\'s comfortably higher fees compared to its competitors. Sonnenshein said last month thathe expects the fund\'s fees to decreaseover time.\nIn the three months since, GBTC has seen total outflows worth $15 billion, according to BitMEX Research. In March, these were hitting $600 million a day but have fallen significantly since. On Monday and Tuesday this week, they stood at $303 million and $155 million, respectively.\nGrayscale did not immediately respond to CoinDesk\'s request for further comment.\nRead More:VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs', '• After the approval of several spot bitcoin ETFs in January, investors may have sold their GBTC shares to move into new products.\n• Daily outflows from GBTC have fallen significantly since hitting $600 million in March.\nMichael Sonnenshein, CEO of digital asset investment manager Grayscale, sees outflows from the company\'s bitcoin {{BTC}} exchange-traded fund (ETF) reaching an equilibrium,Reuters reported on Wednesday.\nSonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us," according to the report, citing an appearance on a Reuters podcast.\nWhen the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin ETFs in January, Grayscale\'s product (GBTC), which had already existed for several years as a trust, experienced significant outflows as existing investors likely sold their shares to buy into one of the new funds.\nAnother reason for the outflows was GBTC\'s comfortably higher fees compared to its competitors. Sonnenshein said last month thathe expects the fund\'s fees to decreaseover time.\nIn the three months since, GBTC has seen total outflows worth $15 billion, according to BitMEX Research. In March, these were hitting $600 million a day but have fallen significantly since. On Monday and Tuesday this week, they stood at $303 million and $155 million, respectively.\nGrayscale did not immediately respond to CoinDesk\'s request for further comment.\nRead More:VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs', '• Bitcoin and major alternative cryptocurrencies (altcoins) trade weak ahead of the pivotal U.S. CPI release.\n• One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.\nBitcoin {{BTC}} is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.\nProfit-taking from Monday continued as several major tokens slid lower. Ether and Solana’s SOL lost 2.8% and Cardano’s ADA and dogecoin (DOGE) slumped as much as 4%. BNB Chain’s BNB was the only token in green with a slight 1.8% rise.\nThe broad-basedCoinDesk 20, a liquid index of the biggest tokens, excluding stablecoins, was down 3%.\nThe Asian session demand for bitcoin and leading altcoins represented trade optimism, FxPro Senior Market analyst Alex Kuptsikevich told CoinDesk in a message, warning of potential volatility explosion following the release of the U.S. consumer price index later Wednesday.\n“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP [nonfarm payrolls report], has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.\nStill, some analysts said bitcoin correction could be over. Selling pressure from certain long-term wallets seems to have cooled in recent weeks, alongside a bump in demand for spot bitcoin, on-chain analysis firm Glassnode said in aTuesday report.\n“Bitcoin’s strong performance over the last 12 months is supported by a surge in spot trade volume and exchange deposit and withdrawal volumes,” analysts at blockchain data tracking firm Glassnode wrote. “Profit-taking by long-term holders spiked meaningfully into the $73k ATH and has been cooling down in recent weeks. This comes alongside an uptick in new demand brought on by the U.S. spot ETFs.”\nThe firm defines long-term holders as wallets that keep a token for more than 155 days instead of trading over weekly or daily periods.', '• Bitcoin and major alternative cryptocurrencies (altcoins) trade weak ahead of the pivotal U.S. CPI release.\n• One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.\nBitcoin {{BTC}} is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.\nProfit-taking from Monday continued as several major tokens slid lower. Ether and Solana’s SOL lost 2.8% and Cardano’s ADA and dogecoin (DOGE) slumped as much as 4%. BNB Chain’s BNB was the only token in green with a slight 1.8% rise.\nThe broad-basedCoinDesk 20, a liquid index of the biggest tokens, excluding stablecoins, was down 3%.\nThe Asian session demand for bitcoin and leading altcoins represented trade optimism, FxPro Senior Market analyst Alex Kuptsikevich told CoinDesk in a message, warning of potential volatility explosion following the release of the U.S. consumer price index later Wednesday.\n“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP [nonfarm payrolls report], has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.\nStill, some analysts said bitcoin correction could be over. Selling pressure from certain long-term wallets seems to have cooled in recent weeks, alongside a bump in demand for spot bitcoin, on-chain analysis firm Glassnode said in aTuesday report.\n“Bitcoin’s strong performance over the last 12 months is supported by a surge in spot trade volume and exchange deposit and withdrawal volumes,” analysts at blockchain data tracking firm Glassnode wrote. “Profit-taking by long-term holders spiked meaningfully into the $73k ATH and has been cooling down in recent weeks. This comes alongside an uptick in new demand brought on by the U.S. spot ETFs.”\nThe firm defines long-term holders as wallets that keep a token for more than Last 60 Days of Bitcoin's Closing Prices:* [47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-10 Financial & Commodity Data: - Gold Closing Price: $2329.60 - Crude Oil Closing Price: $86.21 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,361,047,890,375 - Hash Rate: 626404079.729565 - Transaction Count: 531054.0 - Unique Addresses: 703704.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world's largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of several big industry players, including cryptocurrency exchange FTX and its founder Sam Bankman-Fried. The dramatic retreat from Tuesday's high offered a reminder of how much volatility still surrounds this digital asset. At one point it was down 11%, the sort of drop last seen during the tumult of 2022. So far this year bitcoin has been riding a wave of excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January. Those funds gave everyday investors widespread exposure to the digital asset, triggering anticipation of a record-breaking year. Read more:With bitcoin near $69,000, does it deserve a place in your portfolio? "The demand for these ETFs far exceeded anyone's expectations," Bitwise Asset Management chief investment officer Matt Hougan told Yahoo Finance. Bitwise was among the firms that got the green light from the Securities and Exchange Commission to run one of these funds. Several money managers are now predicting the digital asset could rise above $100,000 before the end of 2024. Investors are bidding other cryptocurrencies and related stocks higher too. Ether (ETH-USD), the second-largest cryptocurrency, has outperformed bitcoin by more than 7% since the beginning of the year. Several so-called meme coins — such as dogecoin (DOGE-USD), shiba inu (SHIB), and dogwifhat (WIF) — are also surging. One sign of the new mania surrounding bitcoin is the trading activity in the ETFs that launched in January. They have pulled in nearly $8 billion from investors in just two months, with the lion's share going to Wall Street heavyweights like BlackRock (BLK) and Fidelity Investments. That activity has been a boon to major crypto trading venues, including Coinbase (COIN) and Robinhood (HOOD). Coinbase is the crypto custodian for a number of these ETFs and earns fees tied directly to these products. Thedemand for tradingon Coinbase was so intense last week that it resulted in a snafu where some customers showed $0 balances in their accounts for part of one day. CEO Brian Armstrong offered assurances to customers that their funds were safe. Some individual customers reported seeing zero balances in their accounts again on Monday. There is also a basic law of economics at play in thenew market frenzysurrounding bitcoin: supply and demand. Fresh demand from the ETFs means more bitcoins are being bought on average each day than new coins are being created. The new ETFs have been purchasing a daily average of 3,320-4,300 coins since the beginning of February, three analysts who work for crypto money managers said last week. That is considerably more than the 900 coins being created daily by the bitcoin network in the same period. More supply problems are expected for bitcoin this year in light of the "halving" scheduled to take place 46 days from Monday. When it was created in 2009 by pseudonymous developer Satoshi Nakamoto, bitcoin was programmed with a fixed supply schedule that is cut in half every four years. After that next cut, the so-called halving, the daily supply of new coins will be 450 instead of 900. "We are in potentially the sweetest spot right here," Mark Connors, head of research for crypto asset manager 3iQ, told Yahoo Finance. "We can’t produce more bitcoin to meet demand." Connor’s firm has set its mid- to high-range price target for bitcoin this year at between $160,000 and $180,000. Next year, it anticipates an eye-popping target of $350,000 to $450,000 per coin. Another money manager, VanEck, set an $80,000 2024 price target for bitcoin last quarter. "Those estimates are admittedly a little stale now," Matthew Sigel, head of digital asset research for VanEck, said. There are certainly other factors at work in the current supply crunch beyond the demand from ETFs. One example: The US government has seized 215,000 BTC since 2020, according to data tracked by 21Shares. The stash includes confiscations in various seizures, such as from the 2016 hack of crypto exchange Bitfinex. The fact that they are just being held and not sold currently has constrained the supply. But that could change when the government needs to distribute some amount of that to victims, which may mean selling. As the asset price rises, many institutional buyers will also need to take profits to maintain the balance of their portfolios. That could also impact the supply-demand imbalance. There are also certainly less fundamental, and more psychological, factors driving this new rally, including the fear of missing out. Interest in bitcoin across the general US population is far from its peak compared to past rallies, Alex Thorn, head of research for Galaxy Digital, said over email Monday. Searches for "bitcoin" on Google and retail usage of crypto apps remain well below levels seen throughout the last bull market, according to Thorn. "We haven’t even begun to reach the heights this is likely to go," Thorn added. David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto, and other areas in finance. Click here for the latest crypto news, updates, and more related toethereumandbitcoinprices, crypto ETFs, and market implications for cryptocurrencies Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/neckbeardfedora98IQ', 'Subreddit is infested with scammers. ', 112, '2024-04-10 00:00', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', 'Just a heads up there’s a lot of posts from ‘women’ who claim to be 25-30 and are looking for older men. They are scammers who will say they are great at investing. It’s called a pig butchering scam and they want you to link your virtual wallet or bitcoin wallet and steal your money. Be weary if someone asks to move to WeChat/whatsapp or other messengers and it seems to be good to be true. ', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', '1c04m1v', [['u/Original_Algae_8255', 16, '2024-04-10 00:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu350k/', 'Thanks for the heads-up Bro\n\nKeep up the good work 💯💯💯', '1c04m1v'], ['u/Dismal-Ear', 21, '2024-04-10 00:33', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu79b2/', "I'm female. Older than that not by much and horrible at investing. But will spam you for pet pics", '1c04m1v'], ['u/occasionally_hippie', 17, '2024-04-10 00:51', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyua39x/', 'Duuuuuude I think you just saved me big time', '1c04m1v'], ['u/GarethGore', 11, '2024-04-10 01:01', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyubjcc/', 'essentially if anyone talks to you about a great investment just delete em, its always a scam', '1c04m1v'], ['u/occasionally_hippie', 10, '2024-04-10 02:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyuly0y/', 'I mean I was already chatting on WhatsApp and she was starting to send me the links. Blocked quickly. I appreciate you brother', '1c04m1v']]], ['u/MrRobotsoldier', 'Should I sell all my stocks', 37, '2024-04-10 00:15', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', 'I’m thinking if I should sell all my stocks for more shib i currently have 20 million coins and if I sell it would be 100 million in total. We all know bitcoin is going to halve and shiba might drop a 0 in a new all time high. ', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', '1c04ysp', [['u/Standard_Ad_1550', 59, '2024-04-10 01:07', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucgvq/', 'This is not the place to ask for financial advice.', '1c04ysp'], ['u/SlashRModFail', 19, '2024-04-10 01:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucxre/', 'What you should be figuring out is how you can raise more capital and earnings to put more into your investments and not just moving one to the other. Ie. Get some more money.', '1c04ysp'], ['u/SpookieDookie777', 14, '2024-04-10 02:34', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyuq152/', 'Don’t trust any hype bro. And diversifying is the best. Not all your eggs in one basket.', '1c04ysp']]], ['u/MrEdwL', "Explain it to me like I'm 5. Why does BTC halving matter for Shib? ", 49, '2024-04-10 00:39', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', ' ', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', '1c05k8h', [['u/Top-Conference8532', 60, '2024-04-10 00:45', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu93x4/', "Algorithms that buy Bitcoin buy other top cryptos in step with the Bitcoin price. It's how the algos work. Bitcoin leads the crypto market anyways, if Bitcoin is green the usually alt coins are green. If Bitcoin is red altcoin are usually red. That's why a lot of cryptos have the same daily chart. It's algos or better yet called bots buying and selling.", '1c05k8h'], ['u/sharkweeek', 25, '2024-04-10 00:50', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu9u3k/', 'A lot of new folks may not know the market is mostly algo trading with human trades being the exception not the rule.', '1c05k8h'], ['u/OptimusED', 25, '2024-04-10 01:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyudvzc/', 'BTC halvings have historically been a driver for bull runs and big crypto interest. Just because Shib is controlled/ manipulated by whales and not correlating with BTC/ETC movement as much doesnt mean it wont get a big boost like everything else. Watch it. Big things are coming.', '1c05k8h'], ['u/UrPicksRTrash', 14, '2024-04-10 01:18', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyue5up/', 'Less BTC available to buy so people will buy Shib instead #facts', '1c05k8h'], ['u/Milly315', 49, '2024-04-10 01:47', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuiqbx/', 'Rising tide raises all shibs.', '1c05k8h'], ['u/mvandemar', 18, '2024-04-10 02:04', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyulcob/', "BTC goes up, SHIB goes up. BTC goes down, SHIB goes down.\n\nBeen this way all along, no clue how people still don't know this.", '1c05k8h'], ['u/Animal_Pharmacy', 11, '2024-04-10 02:13', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyumr93/', "Why do I drink my own urine? Because it's sterile, and I like the taste", '1c05k8h'], ['u/oldhonkytonk', 25, '2024-04-10 03:31', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuyodj/', 'You mean all trades aren’t done while sitting on the toilet?', '1c05k8h'], ['u/COLTONGRUNDY1987', 13, '2024-04-10 10:06', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyw5yb5/', 'Lol... reading this while on the toilet..', '1c05k8h']]], ['u/n0tchance', '$COST on BSC ', 41, '2024-04-10 01:27', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', "$COST on BSC\n\nWelcome to Costco Hot Dog ($COST) on BSC! \n\nWHY $COST ON BSC IS A BUN ABOVE THE REST \n\nFOUNDER INFO:\nJeff Kirdeikis\n- Built a $500 Million USD marketcap company (TrustSwap)\n- Built a crypto app with 5 Million downloads\n- Secured $750 Million USD onchain through the project “Team Finance”. \n- Owns one of the worlds largest crypto groups with 265,000 members\n- Published top-10 author on Amazon\n\n\nTOKEN INFO:\n- Half of our liquidity is paired with Bitcoin! \nThis means that when the price of Bitcoin goes up, it drags the price of $COST up with it! \nSounds crazy, but that’s how decentralized liquidity pools work, cool eh?\n\n- The other half of our liquidity is paired with $BOOST! What’s interesting about BOOST is they have a huge treasury that is regularly used to buyback tokens. When they buyback tokens, the price of BOOST goes up. When the price of BOOST goes up, because of our LP paring, COST goes up as well!\n\nSo COST is benefitting from the price of Bitcoin going up AND the Buybacks from BOOST. In fact, on a $20,000 buyback of BOOST, $7,500 of that goes into buy pressure for COST!\n\n\nADDITIONAL INFO:\n$COST on BSC is: Fair-launched, no presale, no insiders, no vc's\nWe aint just a regular hoagie.\n\nWe’re the future of finance baby.\n\nThe world’s greatest hedge against inflation!\n\nContract address: 0x3d36685d91b060fb0351401f27ee058311fb00c1\n", 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', '1c06oys', [['u/Glum_Milk_2949', 18, '2024-04-10 02:11', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyumg57/', "This will be another shoulda, coulda, woulda, moments if you don't buy in!", '1c06oys'], ['u/Particular-Lunch4142', 17, '2024-04-10 02:37', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyuqhr3/', 'The potential for growth for this one is insane! Great reputable founder, strong loyal community. Would be a fool not to get at least a bit of exposure on this!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvml96/', 'You can tell the community is behind this 100%. It’s going to take off very soon! It stayed really stable when everything else was going down. Great signs of a future 100 mil mc token!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmn84/', 'The dev is the best part! Fully doxxed. Love a safe token!', '1c06oys'], ['u/Sad_Builder_3480', 10, '2024-04-10 06:31', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmswa/', 'My hope is that a lot of people that need the money get into this one early. This token is going to make a lot of people money.', '1c06oys']]], ['u/McPumpface', 'Teach Spouse About Seeds And Retrieving Our BTC Should I Unexpectedly Die', 94, '2024-04-10 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', "Has anyone done this? \n\nWere there any helpful resources that made the process clearer and give the needed knowledge to take control of the family stash?\n\nI don't want my spouse to have to spend the time I've spent to understand Bitcoin. I simply want them to be able to manage the coins should I not be able to do so. The coins are currently in cold storage on a hardware wallet. Seed is stored on steel. Passphrase has been added.\n\n\n\nThanks!", 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', '1c06rdx', [['u/GoldenrodScript', 27, '2024-04-10 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyugidy/', 'I just educated mine on how everything works and in the event that something happens to me and she forgets for whatever reason, take the private key to unchained and pay the extra money for concierge onboarding. If unchained isn’t around, I’m aiming to keep a running list of solid bitcoin only companies that help with self custody and / or inheritance.', '1c06rdx'], ['u/ElonaMusk212', 12, '2024-04-10 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuhdtv/', 'There are companies set up to handle all of this. They set up inheritance/Trusts...and walk your loved ones through this...they provide cold storage with 3 keys...\n\nAs time progresses...more and more companies will pop up that handle this. \n\nCheck out youtube videos on Luke Mikic....he talks about this a lot.', '1c06rdx'], ['u/Ok_Channel9726', 53, '2024-04-10 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyui22w/', "Been planning on doing this for years but never gotten around to it. Doesn't help that spouse has no interest in learning it or remembering it lol. Just wants me to take care of it. I really just need to make some very detailed step by step notes and store them. But of course, they'll probably be outdated by the time something happens.", '1c06rdx'], ['u/Anonymouse-C0ward', 10, '2024-04-10 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuoj7j/', 'That’s one use case. \n\nNot mine though. I have opinions on that use case… but as someone who firmly believes that on average, humanity is better due to intelligently managed regulatory systems that protect people, you can guess as to how I feel about it.\n\nThats one of the benefits of an asset system like Bitcoin; you don’t really need to believe in the same political philosophy as the person you’re trading or using the system alongside. Bitcoin doesn’t care about your politics.', '1c06rdx'], ['u/raymonddurk', 10, '2024-04-10 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyurcmc/', "Write it out step by step. Record a video of you doing it. Keep the software (Sparrow, Bitcoin Core, whatever you're using) on a USB drive along with those instructions and video. Make sure to replace the USB every few years with a new as technology ages and to avoid bit rot.\n\nHave a trusted friend ready to help (not sure if you have one of those yet).\n\nYou can use Casa. Their multisig solutions now come with inheritance (one email away) for all paid plans.", '1c06rdx'], ['u/McPumpface', 11, '2024-04-10 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuszfh/', 'Well, don’t hold us in suspense 😂', '1c06rdx'], ['u/Wyg6q17Dd5sNq59h', 11, '2024-04-10 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyutr9u/', "Heh. Ok, copying:\n\nMy husband recently died. He had some of our savings in bitcoin self-custody. I have the three seed phrases. But I need help using that information to access the bitcoin. \n\nResponse:\n\nI'm truly sorry to hear about your loss. Losing a loved one is incredibly difficult, and dealing with financial matters during such a time can add extra stress. Regarding accessing the Bitcoin held in self-custody with seed phrases, here's what you can do:\n\n1. Understand the Seed Phrase: The seed phrase, also known as the recovery phrase, is typically a list of 12 to 24 words that were generated when the wallet was created. This seed phrase is essentially the master key to your Bitcoin wallet.\n\n2. Identify the Wallet Type: You need to know which type of wallet your husband was using. Common types include hardware wallets (like Ledger or Trezor), software wallets (like Electrum or Exodus), or mobile wallets (like Trust Wallet or Breadwallet). Different wallets have different procedures for recovering funds using a seed phrase.\n\n3. Recovery Procedure: Once you've identified the wallet type, you can follow the specific recovery procedure for that wallet. Usually, it involves installing the wallet software on a new device and selecting the option to recover an existing wallet using the seed phrase. You will then be prompted to enter the seed phrase, and if entered correctly, the wallet should be restored, allowing access to the Bitcoin.\n\n4. Security Measures: Ensure that you are using a trusted and secure device when accessing the wallet and entering the seed phrase. Also, make sure you're not being watched or monitored while doing so, as revealing the seed phrase to anyone could compromise the security of the funds.\n\n5. Seek Professional Assistance: If you're unsure about any step of the process or if you're uncomfortable doing it yourself, consider seeking assistance from a trusted friend, family member, or a professional who is knowledgeable about Bitcoin and cryptocurrency wallets.\n\n6. Consider Legal Implications: Depending on your jurisdiction and your husband's estate planning, accessing the Bitcoin may have legal implications. It's a good idea to consult with a lawyer who specializes in estate matters to ensure that you're handling everything correctly and in compliance with the law.\n\nRemember to take your time and proceed cautiously. If you have any doubts or questions, don't hesitate to reach out for help.", '1c06rdx'], ['u/Wyg6q17Dd5sNq59h', 10, '2024-04-10 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuucfr/', "Me:\nWhy are there 3 different sets of seed phrases?\n\nHaving three different sets of seed phrases could indicate a couple of possibilities:\n\n1. Multiple Wallets: Your husband might have used multiple wallets to store his Bitcoin holdings. Each wallet typically generates its own unique seed phrase. This could be for security reasons, diversification of storage, or simply for organizational purposes.\n\n2. Backup Phrases: It's also common for cryptocurrency users to create backups of their wallets, including the seed phrase. Having multiple sets of seed phrases could indicate that your husband created backups of his wallets, each with its own seed phrase. This is a good practice in case one set of seed phrases is lost or compromised.\n\n3. Recovery Phrases for Different Accounts: If your husband had accounts on different cryptocurrency platforms or exchanges, each requiring a seed phrase for recovery, he may have used different seed phrases for each account. This adds an extra layer of security, as compromising one seed phrase wouldn't necessarily give access to all of his accounts.\n\nRegardless of the reason for having multiple seed phrases, it's important to carefully handle each one and follow the appropriate recovery procedures for each wallet or account associated with them. If you're unsure about the purpose of each set of seed phrases or how to proceed with accessing the associated Bitcoin, seeking assistance from someone experienced in cryptocurrency management would be advisable.\n\nMe:\n\nCould they be signatures for a multi-sig wallet?\n\nYes, it's entirely possible that the three sets of seed phrases could be related to a multi-signature (multi-sig) wallet. In a multi-sig wallet, multiple private keys are required to authorize transactions, providing enhanced security and control over funds. Each private key is typically associated with its own seed phrase.\n\nFor example, in a 2-of-3 multi-sig setup, where two out of three private keys are required to authorize transactions, each participant would have their own private key and seed phrase. In the event of one participant being unavailable or losing their key, the other participants could still access the funds using their keys and seed phrases.\n\nIf your husband was involved in a multi-sig arrangement, each set of seed phrases could correspond to the private keys held by different parties involved in the wallet. In this case, you would need to collaborate with the other parties to access the funds.\n\nIt's essential to understand the specifics of the multi-sig setup and the roles of each party involved. If you believe that the seed phrases may be related to a multi-sig wallet, it would be beneficial to reach out to any relevant parties or seek professional assistance from someone experienced in multi-sig wallet management.", '1c06rdx'], ['u/rastavibes', 35, '2024-04-10 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyvpmr8/', 'there will be so much stranded btc on the blockchain in a generation or two', '1c06rdx']]], ['u/Ok-One-265', 'New to crypto altcoin advice', 11, '2024-04-10 02:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/', 'Hi everyone, I have just started in the crypto game and was wondering what types of altcoin everyone is buying or recommends. I am looking to burn around $2000 I guess.\n\nJust to be clear I HAVE done my research and have most of my investments in BTC,ETH, and BCH. I have been in the greens for a while as I did not buy in ATH. \n\nI am just looking to get into the game of altcoin as well and looking for what others think is worth it. Thanks in advance 😊', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/', '1c07w0d', [['u/Ok_Channel9726', 12, '2024-04-10 05:35', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/kyvgb1p/', "Sell the the Bitcoin Cash. You'd be better off putting that money into Bitcoin or Ethereum. Solana would be my next choice. It seems to be the popular Ethereum alternative this cycle. Next I'd look into an Ethereum layer 2 either Polygon (matic) or Arbitrum. If you really want to risk and Yolo some of your money for the highest gaines but most risk, I'd look into some of the gaming platform tokens like BEAM (formerly merit circle) or IMX.", '1c07w0d']]], ['u/RevolutionaryPlane29', '$345,000 Scammed. Need help with next steps.', 12, '2024-04-10 02:36', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/', 'I have a family friend of mine who’s a senior citizen and has been scammed out of every penny he had to his name by a bitcoin pig butchering scam.\n\nIt started on Silver Singles dating app. He was contacted by a lady who appeared to be 45 and attractive. They talked over text message for about 4-5 months. She claimed to be a successful finance analyst at a bank in San Francisco California. Long story short, they built a relationship and he was completely fooled, thinking she was a real connection. She convinced him that she was successful trading bitcoin and they would talk regularly almost everyday over text, occasional voice notes and even once or twice over FaceTime (she was actually attractive and was the same woman from the photos shared). She walked him through the process of investing in bitcoin at the dips and used some user interface to show the profitable returns on investments, that he was obviously very happy believing. It started small with a $1000 investment, then turned into multiple $25k, $50k and even a $100k investment into bitcoin using the app “STRIKE” which appears to be a legitimate app.\n\nWhen he would be convinced to make these investments on STRIKE, the next step would be to transfer the bitcoin to a site called “Trust Wallet”, which also appears to be a legit app. The interesting thing about “Trust Wallet” is that it has its own web browser in the app. After all of this was said and done I tried to have him walk me through the steps but this is where I was a bit confused. My assumption is that this scammer had a website created with a unique but similar URL, and perhaps a similar UX, and had it linked or listed in this trust wallet “browser” somehow. \n\nBy the time he asked me for help this site and all of the history and transactions were gone. \n\nHe has created a case with FBI cyber crime, but I am really interested to learn what other steps can be taken. While hope of recovering any of the money is low, there is also a concern of all the taxes the IRS will want because he decided to pull a lot out of his retirement.\n\nHopeful someone can share any experience or recommend next steps for my friend who lost everything. Thanks in advance.', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/', '1c088ed', [['u/slothsworkingnyc', 10, '2024-04-10 03:01', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/kyuu7t9/', 'This is tragic. I’m so sorry. \n1. He can also make a claim with Secret Service, FTC, and maybe another agency I’ve forgotten.\n2. Trust Wallet is what I got scammed on by the pirate scumbag recovery scammers, Rick Heymann and Ollie Jacobs. Dirt bags. What happened to your friend is he probably was “helped” by the scammer to set up the Trust Wallet, but it was a dummy wallet and that’s how the money got drained.\n3. Do not, DO NOT OPEN YOUR DM’s. They’re the bottom feeding recovery scammers who claim they can get it back, that they hack into the Russian government’s system, etc etc. Just DELETE EVERY SINGLE ONE. There is no recovery for crypto.\n\nI’m so sorry. Please make sure your friend is ok. He will probably get incredibly depressed and not want to live, but he will get through this. Trust me.', '1c088ed']]], ['u/Ok_Art_2874', 'DCA selling strategy', 13, '2024-04-10 05:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/', 'DCA selling strategy for Bitcoin \n\nI first started buying bitcoin in 2021 when it was at $42k. I bought in FOMO spurts till $66k. Then it crashed. I HODLed and bought more on the way down at $46k and finally at $20k. HODLed thru 2023. Bought again at $46k and recently at $69k.\n\nThe result: I have 3 BTC at an average price of $50k each after 3 years of buying.\n\nNext up: I want to formulate a selling strategy. I know that talk of selling is frowned upon in this community. But, my objective in getting into bitcoin was to use it to accelerate paying off my mortgage. That necessitates selling it and transferring the proceeds into my mortgage.\n\nIf I were to start DCA selling 0.3 Bitcoin every year starting in 2025 and going thru 2034, how much do you all think I can net? Would it be likely that I will net $500k over the course of 10 years?', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/', '1c0biqr', [['u/Shootinsomebball', 13, '2024-04-10 08:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/kyvwhte/', 'You’re essentially asking people on here to predict the future. \xa0It’s s Bitcoin sub so everyone is hyper bullish long term.\xa0\n\nYou were able to make a decision to invest a sign I can’t amount of your savings in this product. Only you know the nuances of your financial situation to make a decision on when to sell', '1c0biqr'], ['u/cryptokid2140', 14, '2024-04-10 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/kyxiaga/', 'why would you want to pay off your mortgage? Let the fed inflate away your fixed non-callable debt while you siphon the cuckbucks into the hardest money on the planet', '1c0biqr']]], ['u/4510', 'Watch CPI print tomorrow morning, 830am.', 37, '2024-04-10 05:23', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/', 'If month-over month core CPI prints > 0.3% tomorrow morning, will be a negative market event for btc in short run as market is going to price fed cuts out further. A print <0.3% should be short term bullish.', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/', '1c0bpmr', [['u/PepeDeCorozal', 24, '2024-04-10 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvfwtk/', "If you believe a word of that CPI report, I've got a bridge in Baltimore to sell you...", '1c0bpmr'], ['u/4510', 49, '2024-04-10 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvggfy/', "has nothing to do with whether or not I believe the CPI report, it has everything to do with the fact that the Fed relies heavily on it when charting the course for interest rates. Risk assets (including bitcoin) aren't gonna like the prospect of fewer cuts further out in the short run (but will like the other side of the coin).", '1c0bpmr'], ['u/Specific_Software788', 30, '2024-04-10 08:29', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvy65m/', 'So its gonna be exactly 0.3%.', '1c0bpmr'], ['u/turpin23', 16, '2024-04-10 08:45', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvzgog/', "He isn't saying that CPI per se is relevant. He is saying that CPI is used, or perhaps even manipulated, as a reason to make and justify interest rate changes. And those interst rate changes do affect price of risk assets, because people, importantly whales, e.g. a Saylor who controls 1% of market cap, do borrow to buy stuff.", '1c0bpmr'], ['u/thinkingperson', 12, '2024-04-10 09:33', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyw3dae/', 'So either buy btc or buy more btc? Got it.', '1c0bpmr']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, April 10, 2024', 37, '2024-04-10 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/', '1c0cer2', [['u/Ok_File_9520', 10, '2024-04-10 07:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyvtftp/', 'Slowly run it back up to 72k over the next couple of days. Gbtc dumps seems to get better after first two days of the week.', '1c0cer2'], ['u/venderil', 15, '2024-04-10 08:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyw0hex/', 'lol yea, just like how we didnt go parabolic in the last few months while grayscale was constantly selling...', '1c0cer2'], ['u/Selfless_Brad', 16, '2024-04-10 10:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyw7kqv/', "just go on the trip - that's kind of the point of it all anyway, and the dip hasn't been so big that you should be feeling fomo like this imo.", '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 14, '2024-04-10 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywa0u4/', "I don't understand people talking about selling.\n\nSelling now is the equivalent of selling at 18k in 2020, or selling at $1,100 in 2017. We're still a few months away from the real fireworks.\n\nEvery cycle sees weak hands sell to the strong. I'm still buying.\n\nIf you're selling Bitcoin to get more dollars, you're selling yourself short because you don't see the big picture.\n\nIf you're selling dollars to get more Bitcoin, you're setting yourself up for long term wealth.", '1c0cer2'], ['u/_2f', 14, '2024-04-10 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywamoe/', 'Not everyone is in the cult of bitcoin, so to say. I like bitcoin but I know a lot of factors that are potential big risks to bitcoin, scaling and government regulations. So people may sell to fulfill their dreams. \n\nI think the idea of money is to not accumulate more but to live your best life.', '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 12, '2024-04-10 11:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywav4x/', "> I think the idea of money is to not accumulate more but to live your best life.\n\nSelling now means denying yourself the opportunity to live your best life in the future by selling low today.\n\nBut hey, if you don't get it you don't get it.", '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 11, '2024-04-10 11:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywbog1/', "I doubt most of the people panic selling have been in Bitcoin for 11 years. I'd be surprised if some of them have been in Bitcoin for 11 months.", '1c0cer2'], ['u/de_moon', 11, '2024-04-10 12:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywfq6u/', "This current run seems more like the 2019 pre-halving run to $14k, roughly 70% of previous ATH.\n\n\nThat would put our would-be 2021-22 top at around $105k if not for the FTX debacle.\xa0\n\n\nI'm expecting a bit of a cooling off here down to $50k's before we take off again later this year or early next to $100k+.", '1c0cer2'], ['u/exporter-importer', 11, '2024-04-10 12:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywi1sp/', "Apologies if this is not the place to post, but I thought traders would be the best to ask - what's the general opinion on Deribit?\n\nDespite being arguably the most well known options exchange, I can't find much feedback on reddit from people who use them.", '1c0cer2'], ['u/PieStraight541', 12, '2024-04-10 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyww7ul/', 'So we sell because fiat is worth less?', '1c0cer2'], ['u/ChuckieEgg77', 12, '2024-04-10 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyww7uw/', '1. Inflation is high\n2. Mass sell-off of an asset which outperforms inflation\n3. ???\n4. Profit!', '1c0cer2'], ['u/Clnlne', 15, '2024-04-10 14:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywxi7z/', 'Whole lot of FUD considering how great the 1 day still looks', '1c0cer2'], ['u/j_ockeghem', 12, '2024-04-10 15:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx07ni/', 'Inflation up -> Interest rates will stay higher for longer -> Stronger USD -> Weaker BTC.\n\nThe causality is as simple as that IMO.', '1c0cer2'], ['u/Frequent_Trouble_', 13, '2024-04-10 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx6a2r/', "Higher inflation means higher rates means higher interest burden for the treasury means more money printing. The fed is all kinds of fucked and Powell even _floating_ dropping rates in 2024 at the last meeting shows it.\n\nThey raise rates and fiscal dominance causes money printing. They drop rates and they pour gas on the flames. I'm bullish af on basically any timeframe outside the next 48H. Bring it JPow, let's fucking go.", '1c0cer2'], ['u/marsh2907', 16, '2024-04-10 15:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx7oy6/', "This inflation narrative needs to die. It's a load of rubbish by this point. \n\nThe CPI report is an absolute lie and doesn't reflect actual inflation. \n\nhttps://truflation.com/marketplace/us-inflation-rate\n\nThat is a more accurate inflation rate sitting at under 2%. The FED will do the exact same and react far too late in cutting rate like when raising them in the first place.", '1c0cer2'], ['u/btc-_-', 10, '2024-04-10 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx8lgt/', 'if you were in charge of the US Govt and the Fed and were $34 trillion in debt with a 125% debt-to-gdp ratio and were paying nearly 3% of GDP on interest payments alone, how would you maximize your position as the global reserve currency while trying to minimize chances of a true economic crash for your country in the short term?\n\ncorrect, as much money printing as you possibly could while the rest of the world still let you.', '1c0cer2'], ['u/dopeboyrico', 18, '2024-04-10 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx8vvf/', 'Impact of rate cuts coming in slightly later than expected as a result of inflation data coming in higher than expected isn’t nearly as impactful as BTC halving in 9 days with spot ETF’s buying more than the amount of new BTC mined each day.\n\nBuy the dip.', '1c0cer2'], ['u/Ok_File_9520', 17, '2024-04-10 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxc8bf/', 'CPI impact lasted less than 2 hours. And you are bearish anon?', '1c0cer2'], ['u/52576078', 10, '2024-04-10 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxewv8/', 'Whichever country is first to back itself with BTC is gonna win so hard', '1c0cer2'], ['u/adepti', 12, '2024-04-10 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxiju9/', 'this price action is enough to give anyone ulcers\n\neasy mode ended last month', '1c0cer2'], ['u/John_Crypto_Rambo', 13, '2024-04-10 17:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxkmrr/', 'If Bitcoin doesn’t get busy soon it’s looking like the 74k peak a month before the halving was the halving pump. \xa0It makes sense, everything is always moved back further and further to catch people catching on to the trend. \xa0I wish I would have just thought of that and realized. \xa0Just filing it away to sell this cycle top earlier than I think. \xa0Hopefully being vigilant that the top may be this year and not 2025 will help.', '1c0cer2'], ['u/j_ockeghem', 10, '2024-04-10 17:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxkp03/', 'Minutes from last FOMC meeting will be released at 2pm EST. Better brace for some more volatility.', '1c0cer2'], ['u/BootyPoppinPanda', 16, '2024-04-10 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxylpt/', "Zoom out to the daily. Shit's bullish. Idk what else to say about now.", '1c0cer2'], ['u/TouchMyTumor', 14, '2024-04-10 18:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy01v7/', "Unless I'm blind, Coinbase, RH, and CDC aren't even in the top 200 apps right now. Phantom Wallet is #145, but that's the only crypto-representing app in the top 200 . . . And it's for gambling on Sol memecoins. \n\nNot sure what it means that we've made a new ATH despite crypto not trending the way it did 4 years ago. Is it bullish that we've come this far without a lot of hype? Seems like a glass half full type of analysis.", '1c0cer2'], ['u/BuyAnacottSteel', 12, '2024-04-10 18:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy2euo/', 'I’m with you. To me this thing just looks like sideways until the next leg up well into the 80s. This week, next week, next month….doesn’t matter. \n\nIn January we were chopping around 40, February chopping around 50 until the leg up into the 60s and then crossed 70 in March. It is only April 10th. Seems like a great year so far. \n\nSometimes I read the bearish comments and think I must be insane…and I probably am.', '1c0cer2'], ['u/John_Crypto_Rambo', 11, '2024-04-10 19:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy39ii/', 'Ah exactly 69,420 after CPI comes in high, just as expected.', '1c0cer2'], ['u/jpdoctor', 14, '2024-04-10 19:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy6jfn/', "If this hasn't already been posted, it should be: \n\n>Nice look at where all the trading is happening for the spot bitcoin ETFs.. off exchange is huge.\n\nhttps://twitter.com/EricBalchunas/status/1778077995099386188", '1c0cer2'], ['u/Frequent_Trouble_', 13, '2024-04-10 21:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyp8ca/', 'Maybe I was harsh but definitely not the only one pointing it out https://www.reddit.com/r/BitcoinMarkets/s/Im8tUx72kv\n\nI shitpost too but these "up or down? guys what\'s it going to do?" posts are getting old.', '1c0cer2'], ['u/Taviiiiii', 10, '2024-04-10 21:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyypr7q/', 'Yes', '1c0cer2'], ['u/btc-_-', 11, '2024-04-10 21:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyxa1h/', 'what’s your liq price? i won’t celebrate when we hit it but i’ll buy slightly more that day in your honor', '1c0cer2'], ['u/Cadenca', 13, '2024-04-10 21:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyxzc1/', "I'm seeing some real nice bearishness here tonight. Would make for a terrific time to break some highs with not every moonboy announcing they're long", '1c0cer2'], ['u/NotMyMcChicken', 13, '2024-04-10 21:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyy3o8/', 'Was praying you’d have posted by now. Back up we go.', '1c0cer2'], ['u/Teatrack', 11, '2024-04-10 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyyb4k/', '$80,000', '1c0cer2'], ['u/Odd_Occasion_563', 11, '2024-04-10 22:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyyqxj/', 'I really do have a Pavlovian response to you posting now. You post and I immediately get excited the price will go up. \n\nLet’s see if you can nail it again', '1c0cer2'], ['u/_supert_', 12, '2024-04-10 22:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyz4adr/', 'There is one currency in which bitcoin has not broken its 2021 high. Can you guess which?', '1c0cer2'], ['u/Pigmentia', 17, '2024-04-10 23:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzf2iw/', "Dammit you scared it away.\n\nEveryone: if it comes back, don't look directly at it. And someone leave out a can of tuna or something.", '1c0cer2'], ['u/WaldoInWalden', 16, '2024-04-10 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzhurc/', "Here's my weekly tracking of GBTC's Bitcoin holdings since ETF launch: \n1/10/24 = 625,304 BTC \n1/17/24 = 592,098 BTC \n1/24/24 = 523,516 BTC \n1/31/24 = 487,025 BTC \n2/7/24 = 470,637 BTC \n2/14/24 = 461,983 BTC \n2/21/24 = 450,304 BTC \n2/28/24 = 441,815 BTC \n3/6/24 = 409,843 BTC \n3/13/24 = 387,746 BTC \n3/20/24 = 361,659 BTC \n3/27/24 = 339,535 BTC \n4/3/24 = 328,013 BTC\n\n4/10/24 = 316,193 BTC\n\nSimilar outflows to the prior week \\~12K BTC. One positive was that we received confirmation that Genesis is finished selling their \\~$4.1B worth of GBTC. The outflows still haven't stopped though and the consistency is pretty amazing. IBIT flipping them will be the next major step in their fade into irrelevance. \n\n#DrainGBTC", '1c0cer2'], ['u/itsthesecans', 21, '2024-04-10 23:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzipb7/', "only 17.5m in outflow for GBTC.\n\n[https://farside.co.uk/?p=997](https://farside.co.uk/?p=997)\n\n \nDidn't expect that.", '1c0cer2']]], ['u/Spiritual-Station841', 'my SIL is being scammed', 888, '2024-04-10 07:06', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/', 'medyo mahaba. \n\nI have a sister-in-law sa abroad na may pamilya. ewan, my wife\'s side of the family are so gullible, lalo ang father in law and etong sister in law. buti naremedyohan ko pa si misis sa pagiging gullible. kaya kami ni sil ay hindi naguusap dahil tingin niya sa akin ay kontra ako ng kontra sa kanya (nascam na siya multiple times previously - I did say gullible).\n\nanyway, eto nangyari. my sil nagchat about 2 weeks ago inviting my wife, her brother, and mother to "invest in bitcoin" dahil si sil naginvest via a broker and kumita na raw ng Php5k, halagang Php1000 (converted from $). after niya matangap ang 5k, naginvest nanaman siya ng 135k (pesos) and sabi ng broker ay naging 5M na ang investment niya in 5 days via bitcoin. \n\nmother-in-law gusto rin maginvest para maging milyonaryo and asked my wife to process it. wife told me about it but suspetsa na niya agad na scam eto. told my wife to get all details from sil paano ang process, anong name ng broker company, etc. para maverify\n\n\nyun pala, sil got in contact with a "broker" by replying to those comments in FB live... you know... "I thank ms. so and so for the opportunity..."\n\nbuti pinadala mga email and chats between sil and broker kaya naverify namin ni wife that ALL info was fake. kaya sinabi namin sa MIL na scam eto, wag na magpadala ng pera. sinabihan rin namin si SIL pero eto na ang problema. she already sent about 300k in "taxes and certificates" tapos pilit pa na hindi raw eto scam. worse, nagiba ang ugali ni SIL na pinagmumura kami ni wife, isasampal raw ang 5M pagdating, masyado kami nagaapi sa kanya, wala na kami karapatan lapastangan siya kasi milyonaryo na siya, etc. this was 3 days ago.\n\nhay... gullible talaga. hinihintay namin etong weekend na marealize niyang walang darating na 5M sa kanya. ang tigas ng ulo eh at nagpadala nanaman ng pambayad para "antimoney laundering certificate" kaya around 500k na ang nailabas niya. oo nga pala, via crypto ang transaction niya sa scammer 🫣 ang laking tanga ng sil na eto. basta, we did our part to warn her. we pointed out all the red flags hanggang sa wrong grammar. bahala siya umiyak when she finally realize she was scammed.', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/', '1c0dkv0', [['u/Snoo_9320', 36, '2024-04-10 07:26', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvsecs/', 'Idk, pero dun pa lang sa may "broker" for bitcoin scammy na siya for me. Kasi napakadaming easy to use app na ikaw pde mismo bumili ng bitcoin. If I remember meron na ang Gcash or plano pa rin yun? \n\nAnyhoo, para maging 5m yung pera ni SIL, need ni btc mag ultra mega ATH. Yung 300k ni SIL around 0.076 btc lang. So kelangan more than 15 times ang current price ng btc in a week para ma reach yung 5m. (Please correct my math)\n\nFor shit coins na well known for pump and dumps possible mangyari yun. Pero for btc 🤷\u200d♂️🤷\u200d♂️', '1c0dkv0'], ['u/Genestah', 52, '2024-04-10 07:28', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvslsh/', "There's no cure for stupidity.", '1c0dkv0'], ['u/Spiritual-Station841', 31, '2024-04-10 07:29', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvsq8j/', 'natuto ako sa crypto during axie days. one of the red flags pointed out rin ay impossible mag-5M ang initial 135k niya (the 300k ay total "taxes and fees" 🥹 yung nahuthot na sa kanya). \n\nironically, SIL has no idea how crypto works or CEX works', '1c0dkv0'], ['u/taxms', 59, '2024-04-10 07:32', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvt1m7/', 'when the time comes when she cries because she realized it, dont gloat. tahimik lang, mas maiinis siya nyan lol', '1c0dkv0'], ['u/EstablishmentDry9690', 34, '2024-04-10 07:39', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvtphj/', 'Hoping you post an update on this what happens when she realizes its a scam lol', '1c0dkv0'], ['u/eggyra', 38, '2024-04-10 07:49', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvuknm/', 'This needs a follow-up post! My marites senses are tingling. 🕷️🕸️🕷️🕸️', '1c0dkv0'], ['u/Spiritual-Station841', 40, '2024-04-10 07:53', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvuz5m/', 'hehe. sure. will do a followup siguro by friday. sil is still in denial. nakatangap raw email na paparating na ang pera, basta magbayad uli 😳 told her i-verify niya sa bank ang pagbabayaran niya (antimoney laundering certificate kuno).', '1c0dkv0'], ['u/Worried_Fall4350', 24, '2024-04-10 08:06', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvw4me/', "Possible cguro yan around 5-8yrs ago na worthless pa ang Bitcoin, na kapag meron ka kahit Isa lang, is worth 4m na ngaun. Pero don't expect to be a millionaire investing in Bitcoin unless you're also investing millions which means you're already a multi millionaire. Lol\n\nIt's still possible to earn big with crypto. But, if you have no idea what your doing mauubos lang sa mga scam/shit coins at bad investments. Halos hindi na kasi mabilang ang dami ng klase ng crypto coins ngaun at most coins specially meme coins are highly volatile... Meaning Akala mo kumikita ka na talos ilang Segundo lang lugi ka. Lmao", '1c0dkv0'], ['u/LifeLeg5', 65, '2024-04-10 08:08', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvwaiw/', "Ganyang scenarios yung may nagpapatiwakal. It's too damn shameful to come back after doing all that,\xa0 at the very least hindi sila aamin at all, I think you should reach out either way.\n\n\nBut tbh, gusto ko din makakita ng reaction vid of a giant i told you so moment.", '1c0dkv0'], ['u/ShiroHori', 62, '2024-04-10 08:38', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvyvtk/', 'Focus on protecting your assets nalang OP.\n\nWorst combo talaga ang relative na gullible and easy money scam. Buti nalang di sila same ng wife mo haha most traits na ganto runs in the family. Usually may one sane person lang na does their due diligence pero in the end sila pa yung masama.\n\nGood luck op. Just cut her off. Its her funeral anyway.', '1c0dkv0'], ['u/avocado1952', 47, '2024-04-10 09:21', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyw2g1g/', 'Wait for 6 months then tell her “excited na akong masampal ng 5M, kelan ba yan?”', '1c0dkv0'], ['u/ultra-kill', 11, '2024-04-10 10:11', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyw6bm8/', '>yun pala, sil got in contact with a "broker" by replying to those comments in FB live... you know... "I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks plunged on Wednesday after another higher-than-expected inflation print.\n• The three major averages dropped, with the Dow losing over 400 points.\n• Odds of a June rate cut have been slashed as the Fed looks poised to continue its inflation fight.\nUS stocks plummeted on Wednesday as markets took in ahotter-than-expected inflation reportand the latest Federal Reserve meeting minutes, causing traders to push back on their expectations for Fed rate cuts this year.\nAll three benchmark indexes ended the trading session lower, with the Dow Jones Industrial Average sliding over 400 points. Bond yields soared, with the 10-year US Treasury spiking 18 basis points to 4.546%.\nInflation rose 3.5% on an annual basis in March, slightly hotter than the 3.4% increase economists were expecting. Core inflation, which excludes volatile food and energy prices, grew 3.8% year-per-year, hotter than the expected 3.7% increase.\nInflation has come in higher than expected for the past three months, which has undercut investors\' expectations for Fed rate cuts this year.Odds of a June rate cuthave fallen to 16%, according to the CME FedWatch tool, down from 56% odds priced in on Tuesday.\nBank of America maintained its outlook for a June rate cut but said it had "low confidence," given the latest CPI data. Barclays revised its outlook to just one 25 basis-point rate cut later this year, down from its initial forecast of one rate cut every other month. Goldman Sachs said it was adjusting its view to two cuts from three, asinsurance costs keep inflation running hot.\n"The Federal Reserve will have to wait even longer for evidence confirming that gains in fighting price pressures are durable before it turns accommodative," José Torres, a senior economist at Interactive Brokers, said in a statement. "Today\'s report reflects that progress on inflation has reversed, with goods and commodities turning from a disinflationary friend to an inflationary foe."\nAs of last month\'s policy meeting, Fed officials were still projecting three rate cuts to come in 2024. But newly released minutes of the Fed\'s March policy meeting show that central bankers remain cautious on the recent uptrend in inflation.\nOfficials commented on "disappointing" inflation readings over the past several months, adding they "did not expect it would be appropriate" to lower rates until there was greater confidence inflation was back on track to reach 2%, the minutes said.\n"The Fed always puts more weight on backward-looking data, and this Fed, in particular, is still scarred by the \'transitory\' inflation fiasco," Ian Shepherdson, the chief economist of Pantheon Macroeconomics said in a note on Wednesday. "The risk that the Fed waits too long and moves too slowly is rising."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,160.64, down 0.95%\n• Dow Jones Industrial Average:38,461.51, down 1.09% (-422.16 points)\n• Nasdaq Composite:16,170.36, down 0.84%\nHere\'s what else happened today:\n• The Fed may actually need to cut interest rates to lower inflation, one JPMorgan strategist says.\n• Stocks are headed for a decade-long "dead" zonewith losses on par with the dot-com bust, one fund manager warns.\n• The demise of the US dollar has been over-exaggerated.\n• Wall Street\'snew biggest stock bull thinks tech can power the S&P 500 another 7% higherthis year.\n• Nvidia still has 26% upsidedespite its recent sell-off, according to Bank of America strategists.\n• Bank of America just slashed Tesla\'s stock price targetand said weak demand will hurt the carmaker.\n• Russian oil flows are sidestepping sanctionsand trading above the G-7 price cap.\n• A third of consumerssee bitcoin plunging at least 70% this year, according to a survey from Deutsche Bank.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed by 1.21% to $86.26 a barrel.Brent crude, the international benchmark, ticked higher 1.25% to $90.54 a barrel.\n• Goldslipped 1.05% to $2,328.30 per ounce.\n• The 10-year Treasury yield jumped 18 basis points to 4.546%%.\n• Bitcoinrose 0.86% to $69,397.\nRead the original article onBusiness Insider', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', 'Cryfi is a marketplace and trading platform that offersblockchain-verified tradingsignalsand a leaderboard of top signal providers, along with paid signal channels for subscribers. The first version of the app has been released and a Founder Pass NFT collection is launching May 3.\nSINGAPORE, April 11, 2024 (GLOBE NEWSWIRE) --Cryfi, a blockchain-verified trading signal platform, has released its Alpha version as a Telegram Mini Appthat goes beyond basic copy-tradingto make it easier to not only share but adjust and implement trading signals. Cryfi’s Founder Pass NFT collection that grants users numerous perks on the platform will also be made available for early Cryfi supporters on May 3rd. The full-featured web-app launches later this year with the world’s first blockchain-verified trading signals and leaderboard.\n“We’re developing Cryfi’s on-chain verification to bring trust and transparency to crypto trading and remove the scam-traders that the space has become famous for,” said Cryfi founder and CEOYura Mizin. “As we enter crypto’s next bull run, more and more people are keen to start trading. There is no better way to learn how than to follow and listen to the best traders on the market today. However, since it’s currently impossible to verify someone’s trading skills, too many people end up following fakers who claim to be pros.”\nCryfi addresses these problems and more.Providing Proof-of-Signal, Cryfi’s trading signal platform features blockchain-verified signals and a leaderboard of top signal providers. Offering the perfect combination of control and automation, Cryfi users will be able to easily copy and adjust signals and then automatically implement these signals on CEXs and DEXs via API integration.Trading channel subscriptions, member management and promotions will be automatically handled for signal providers, so they can focus on trading and building their reputations. Meanwhile, traders can learn all the best trading strategies together via trading courses and a closed discussion group with top-performing signal providers on the platform.\n“Cryfi will be like a passport\xa0— a blockchain-verified certificate that showcases your trading capabilities. In addition, Cryfi will offer plenty of other features to help traders and signal providers trade more quickly and efficiently.”\nAvailable now,Cryfi’s Alpha version is a Telegram Mini Appthat allows signal providers more efficiently share their signals in their own existing communities, with automatic integration with Binance via API.The full-featured web-app platform is scheduled for launch in Q3 2024, withCryfi’s $CRFY tokenscheduled to launch in early 2025. The whitelist for their Founder Pass NFTs is already open, with an officialCryfi Galxe campaignongoing until May 3rd with USD 6,000 worth of NFTs to give away. Stay tuned to their social media channels for the launchpad reveals.\nFounder Pass NFTs Available May 3: Numerous Perks for Early Supporters\nThe Founder Pass is a limited edition collection of 430 utility NFTs that give early supporters many distinct benefits on the Cryfi platform\xa0— such as amembership in a closed group with pro traders and lifetime subscriptions to trading courses and Cryfi Pro, which will allow traders to copy and adjust signals and technical analysis on the live chart.There are two tiers of NFTs: the Shark Pass, which caters to novice traders, and the Whale Pass, which grants additional perks such asprofit sharing, larger discounts and forever access to signal channelsto Cryfi’s top ambassadors. Both tiers have plenty of other perks, too. See the official Cryfi Medium blog for more information about allthe benefits of owning a Cryfi Founder Pass NFT.\nFounder Pass NFT Details\n• Shark Pass: $300 each, 404 NFTs in total\n• Whale Pass: $3000 each, 26 NFTs in total\nTo earn a spot on the Founder Pass whitelist prior to the NFT launch, supporters should visit the Galxe campaign page linked below and complete the social tasks listed there.The top 50 participants will earn a guaranteed chance to purchase Founder Pass NFTs.All participants will also receive a free Early Supporter badge and be entered into raffles, with prizes coming from a pool of NFTs worth USD 6,000.\nParticipate in the Galxe campaign here:https://app.galxe.com/quest/Cryfi/GCFddtTagR\nTop Partners to Bring Further Value to the Cryfi Platform\nCryfi is also forging a number of important partnerships that will bring new features to the platform. One key partner isAnalog, a company which is developing a suite of multi-chain protocols. Analog’s interoperability technology will help Cryfi query other blockchains to seamlessly compare signal prices with real prices, and trade signals across chains without having to deal with smart contracts.\n“One of our visions is to help move traders from Web2 to Web3. While most people are familiar with the big names in the crypto space — Bitcoin, Binance, Ethereum and so forth\xa0— a lot of traders are not actually Web3 users. We want to change that,” Mizin said. “Lucky for us, Analog has all the tools we need to achieve this.”\nOther partnerships will add new capabilities to the Cryfi platform post-launch.Copinwill bring their on-chain traders to Cryfi as signal providers,Yoki Financewill bring crypto payments for channel subscriptions, and the quant trading platformCrypto Arsenalwill onboard Cryfi’s signal providers as additional analytics sources. Further big features coming up include copytrading, algorithm trading, trading bots and AI bots.\nCryfi’s team of experts boasts more than 50 years experience in product development, 30 years in blockchain, and 10 years in trading combined. Team members have worked with a number of leading brands, including Equifax, HTX and other fintech leaders in the Web2 and Web3 spaces.\nSee how Cryfi works in this video:https://www.youtube.com/watch?v=6Q3gpqiqVp0\nCryfi is More Than Just Another Trading Platform\xa0— It’s a Trading Community\nBy providing a fair and transparent social space where traders and signal providers can share ideas, Cryfi is building a real community of people with similar goals. Anyone can submit trading signals on Cryfi — their blockchain-verified track record will speak for itself on Cryfi’s leaderboard. This removes a huge barrier of entry for new signal providers, while ensuring Cryfi is represented by some of the best traders on the market.\nSupporters who join early will enjoy the benefit of utilizing the first blockchain-verified trading signals on the market, giving them increased trust in the validity of their trading strategies that most other trading communities cannot offer.Founder Pass NFT holders will also be the first to try out all new features Cryfi adds to its platform, giving them a distinct advantage when compared to members who join the platform later on.\nAbout CryfiLaunched in 2024,Cryfiis a crypto trading app that connects traders with blockchain-verified signal providers. The newly released MVP is available as a Telegram Mini App that allows for easy creation and implementation of trading signals. A future version is being developed that will include a mobile app, signal channel subscriptions, a leaderboard for top-performing signal providers, API integration with more centralized exchanges and DEXs, a trading school, and more.\nOfficial ChannelsCryfi Website:https://cryfi.app/Cryfi Twitter:https://twitter.com/Cryfi_app_Cryfi Medium Blog:https://medium.com/@cryfi_appCryfi Telegram (Announcements):https://t.me/+GggbNqo8GLcwNTViCryfi Telegram (Chat):https://t.me/cryfi_officialCryfi V1 (MVP):https://t.me/CryfiBotCryfi LinkedIn:https://www.linkedin.com/company/cryfi/Cryfi Whitepaper:https://cryfi.gitbook.io/cryfiCryfi Video:https://www.youtube.com/watch?v=6Q3gpqiqVp0Cryfi Whitelist Galxe Campaign:https://app.galxe.com/quest/Cryfi/GCFddtTagR\nMedia [email protected]@yourPRstrategist.com\nPhotos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/72b9d21e-b71f-4e73-8771-5372fc174369https://www.globenewswire.com/NewsRoom/AttachmentNg/762c7eae-44aa-482d-becd-79b7097f0a9b', 'Grayscale’s bitcoin {{BTC}} exchange-traded fund (ETF) loggedabout $18 million in outflowson Wednesday, a record-low figure since it first went live in January, Bitmex Research and Farside Investors said in posts on X.\nThe figures come a day after Grayscale CEO Michael Sonnenshein said he sees outflows from the Grayscale Bitcoin Trust (GBTC)reaching an “equilibrium”as selling activity connected to settlements of bankrupt crypto companies like FTX was "largely behind us.”\nAnalysts at Coinbase Institutional havesaidthat the increased GBTC selling is potentially in partdue to Genesis selling sharesas part of its bankruptcy process.\nThe GBTC product has hemorrhaged nearly $15 billion in bitcoin outflows since going live and has almost consistently seen outflows every week, likelycontributing toselling pressure on the asset.\nThe EFT also charges the highest annual fees among counterparts at 1.5% of holdings, compared with as low as 0.19% for Franklin Templeton’s EZBC.\nBitcoin is trading just above $70,600 as of European morning hours, up 2.2% in the past 24 hours. The broad-basedCoinDesk 20added 1.7%.', 'Grayscale’s bitcoin {{BTC}} exchange-traded fund (ETF) loggedabout $18 million in outflowson Wednesday, a record-low figure since it first went live in January, Bitmex Research and Farside Investors said in posts on X.\nThe figures come a day after Grayscale CEO Michael Sonnenshein said he sees outflows from the Grayscale Bitcoin Trust (GBTC)reaching an “equilibrium”as selling activity connected to settlements of bankrupt crypto companies like FTX was "largely behind us.”\nAnalysts at Coinbase Institutional havesaidthat the increased GBTC selling is potentially in partdue to Genesis selling sharesas part of its bankruptcy process.\nThe GBTC product has hemorrhaged nearly $15 billion in bitcoin outflows since going live and has almost consistently seen outflows every week, likelycontributing toselling pressure on the asset.\nThe EFT also charges the highest annual fees among counterparts at 1.5% of holdings, compared with as low as 0.19% for Franklin Templeton’s EZBC.\nBitcoin is trading just above $70,600 as of European morning hours, up 2.2% in the past 24 hours. The broad-basedCoinDesk 20added 1.7%.', 'Darktrace (DARK.L)\nDarktrace shares surged by 7% after it raised its annual revenue and margin forecasts for the third time this year.\nThe British cybersecurity company\'s third-quarter revenue jumped 26.5%, driven by demand for its services due to an increase in digital attacks. It also benefitted from a boom in artificial intelligence.\nIt marks the second quarter in a row that the company has seen an increase in new revenue.\nCathy Graham, chief financial officer, said: "We believe the markets in which we operate are emerging from a period of relative economic uncertainty and moving to an environment where organisations can prioritise proactive cyber defense."\nDarktrace\'s revenue for the year ending June is now expected to grow at least 25.5%, compared with its previous forecast range of increasing 23.5% to 25%.\nThe company raised its annual revenue and core profit margins forecast in January, and again in March. Annual core profit margin is now expected to be at least 23%, from an earlier forecast of at least 21%.\nThe company added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.\nAstraZeneca (AZN.L)\nAstraZeneca shares were 1.5% higher in London after it announced plans to raise its annual dividend for this year by 7%. This results in an increase to $3.10 (£2.47) per share, up from $2.90 (£2.31).\nThe UK pharmaceutical firm said the move underlines its “confidence in its performance and cash generation”.\nMichel Demaré, chairman of the group, said the uplift was “in line with our progressive dividend policy, which remains unchanged and reflects the continuing strength of AstraZeneca’s investment proposition for shareholders”.\nRead more:Gold rises to near record highs even as interest rate cut hopes fade\nIt comes just hours before Astra holds its AGM, where investors will vote on whether to approve chief executive Pascal Soriot’s, £17m pay packet. The payout last year drew much criticism from corporate governance experts.\nAccording to AstraZeneca’s annual report, he was paid £16.9m last year, including salary, benefits and bonuses, up from £15.3m the year before.\nHe is in line for an even higher deal this year, depending on the company’s performance, with a maximum package of £18.6m including cash and long-term share bonuses.\nInfluential advisory firms Glass Lewis and ISS had both recommended shareholders vote against AstraZeneca’s pay policy.\nPersimmon (PSN.L)\nPersimmon slipped on Thursday, alongside other housebuilders, amid news that UK interest rates are now expected to be cut in August or September.\nIt comes as Bank of England (BoE) policymaker Megan Greene said there is a greater threat of inflation persistence in the UK than in the US, the latter of which saw prices rise faster than expected in the year to March.\nIt came as the UK housing market saw the best levels of interest among buyers in more than two years in March, according to a new survey.\nFigures from the Royal Institution of Chartered Surveyors (RICS) said house prices also touched their highest since 2022 as a recovery gathered more momentum. This was driven by cooling inflation and falling mortgage costs after their rise hit demand.\nRICS\' gauge of buyer enquiries showed a net balance of +8 last month, the strongest reading since February 2022 and up from +4 in February.\nIts measure of house prices, while still showing more expectations of price falls than rises, hit its highest since October 2022 at -4, up from -10 in February and a low of 67 in September last year. A Reuters poll of economists had pointed to a reading of -6.\nBitcoin (BTC-USD)\nBitcoin climbed back above the $71,000 (£56,506) mark on Thursday, despite stock markets closing lower after a disappointing US inflation report.\nThe world\'s largest digital asset by market capitalisation increased by over 2% in the past 24 hours, reaching a daily high of over $71,200. The uptick follows a downturn in early trading on Wednesday, that saw bitcoin reach a daily low of around $68,000.\nMajor US stock indices closed lower after US consumer prices came in hotter than expected in March, according to the latest data from the Bureau of Labour Statistics\nThe US Consumer Price Index rose 0.4% over the previous month and 3.5% over the year to March, an acceleration from February\'s 3.2% annual gain in prices. The data matched February\'s month-over-month increase.\nBitcoin has an upcoming event that could act as a major price catalyst. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market. This event is anticipated to occur on or around Saturday, 20 April.\nThe bitcoin halving is an event that happens about every four years. The halving will reduce the reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nWatch: What are SPACs?\nDownload the Yahoo Finance app, available forAppleandAndroid', 'Darktrace (DARK.L)\nDarktrace shares surged by 7% after it raised its annual revenue and margin forecasts for the third time this year.\nThe British cybersecurity company\'s third-quarter revenue jumped 26.5%, driven by demand for its services due to an increase in digital attacks. It also benefitted from a boom in artificial intelligence.\nIt marks the second quarter in a row that the company has seen an increase in new revenue.\nCathy Graham, chief financial officer, said: "We believe the markets in which we operate are emerging from a period of relative economic uncertainty and moving to an environment where organisations can prioritise proactive cyber defense."\nDarktrace\'s revenue for the year ending June is now expected to grow at least 25.5%, compared with its previous forecast range of increasing 23.5% to 25%.\nThe company raised its annual revenue and core profit margins forecast in January, and again in March. Annual core profit margin is now expected to be at least 23%, from an earlier forecast of at least 21%.\nThe company added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.\nAstraZeneca (AZN.L)\nAstraZeneca shares were 1.5% higher in London after it announced plans to raise its annual dividend for this year by 7%. This results in an increase to $3.10 (£2.47) per share, up from $2.90 (£2.31).\nThe UK pharmaceutical firm said the move underlines its “confidence in its performance and cash generation”.\nMichel Demaré, chairman of the group, said the uplift was “in line with our progressive dividend policy, which remains unchanged and reflects the continuing strength of AstraZeneca’s investment proposition for shareholders”.\nRead more:Gold rises to near record highs even as interest rate cut hopes fade\nIt comes just hours before Astra holds its AGM, where investors will vote on whether to approve chief executive Pascal Soriot’s, £17m pay packet. The payout last year drew much criticism from corporate governance experts.\nAccording to AstraZeneca’s annual report, he was paid £16.9m last year, including salary, benefits and bonuses, up from £15.3m the year before.\nHe is in line for an even higher deal this year, depending on the company’s performance, with a maximum package of £18.6m including cash and long-term share bonuses.\nInfluential advisory firms Glass Lewis and ISS had both recommended shareholders vote against AstraZeneca’s pay policy.\nPersimmon (PSN.L)\nPersimmon slipped on Thursday, alongside other housebuilders, amid news that UK interest rates are now expected to be cut in August or September.\nIt comes as Bank of England (BoE) policymaker Megan Greene said there is a greater threat of inflation persistence in the UK than in the US, the latter of which saw prices rise faster than expected in the year to March.\nIt came as the UK housing market saw the best levels of interest among buyers in more than two years in March, according to a new survey.\nFigures from the Royal Institution of Chartered Surveyors (RICS) said house prices also touched their highest since 2022 as a recovery gathered more momentum. This was driven by cooling inflation and falling mortgage costs after their rise hit demand.\nRICS\' gauge of buyer enquiries showed a net balance of +8 last month, the strongest reading since February 2022 and up from +4 in February.\nIts measure of house prices, while still showing more expectations of price falls than rises, hit its highest since October 2022 at -4, up from -10 in February and a low of 67 in September last year. A Reuters poll of economists had pointed to a reading of -6.\nBitcoin (BTC-USD)\nBitcoin climbed back above the $71,000 (£56,506) mark on Thursday, despite stock markets closing lower after a disappointing US inflation report.\nThe world\'s largest digital asset by market capitalisation increased by over 2% in the past 24 hours, reaching a daily high of over $71,200. The uptick follows a downturn in early trading on Wednesday, that saw bitcoin reach a daily low of around $68,000.\nMajor US stock indices closed lower after US consumer prices came in hotter than expected in March, according to the latest data from the Bureau of Labour Statistics\nThe US Consumer Price Index rose 0.4% over the previous month and 3.5% over the year to March, an acceleration from February\'s 3.2% annual gain in prices. The data matched February\'s month-over-month increase.\nBitcoin has an upcoming event that could act as a major price catalyst. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market. This event is anticipated to occur on or around Saturday, 20 April.\nThe bitcoin halving is an event that happens about every four years. The halving will reduce the reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nWatch: What are SPACs?\nDownload the Yahoo Finance app, available forAppleandAndroid', 'Implementing an investment strategy of buying low-priced stocks may not be for everyone. But if you’re a growth-oriented investor who’s willing to accept a level of risk, stocks under $7 can be both appealing and profitable.\nThese stocks under $7 have greater potential for substantial gains because they start off with lower valuations. It’s much easier to achieve rapid price increases in response to positive news or market trends when a stock is priced at less than $7.\nMany of the names on this list are in the early stages of development or operate in niche markets. An investment exposes you to a potential growth story that could see your investment double over time.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nBut be cautious. Greater rewards always come with greater risk, and lower-priced stocks can always be more volatile than their higher-priced counterparts. Rapid gains can be followed by sudden losses.\nYou need to be prepared for short-term price swings and have the stomach for risk when you’re investing in these names.\nFortunately, we have the Portfolio Grader at our disposal. The Portfolio Grader evaluates stocks based on growth history, earnings performance, analyst sentiment, and momentum to help us identify the best stocks on the market.\nAccording to the Portfolio Grader, these stocks under $7 are among the best choices if you want to score with a low-priced stock and have a reasonable risk tolerance.\nSource: rafapress / Shutterstock.com\nAny company that is being smart about incorporating artificial intelligence into its offerings is getting investors’ attention. AndSoundHound(NASDAQ:SOUN) is exceptionally smart about AI.\nSoundHound uses AI for its voice recognition products. Employee Assist is a new product that companies can use to help their employees be more productive.\nAn employee would pose a question to Employee Assist about a job function, for instance, and get immediate verbal instructions from the SoundHound app about how to do the work.\nSoundHound also has products that vehicle owners can use to access their owners’ manuals and answer questions about maintenance or troubleshooting problems.\nSoundHound stock exploded in February whenNvidia(NASDAQ:NVDA) disclosed it owned 1.7 million shares of SOUN stock. Everything Nvidia touches these days turns to gold, and Nvidia is working with SoundHound’s AI to create applications.\nSOUN stock is priced at less than $7, but I don’t think it will be there for long. It’s up 128% this year and gets a “B” rating in the Portfolio Grader.\nSource: shutterstock.com/cono0430\nApplied Digital(NASDAQ:APLD) is a Dallas-based company that designs and operates data centers and digital infrastructure to support high-performance computing and AI products.\nThe company also provides cloud services and blockchain colocation services, although it recentlysoldaBitcoin(BTC-USD) 200-megawatt mining campus toMarathon Digital(NASDAQ:MARA) for $97 million.\nApplied Digital says it plans to focus on its high-performing data centers moving forward (which is why it changed its name from Applied Blockchain).\nEarningsfor the fiscal second quarter included revenue of $42.2 million, an increase from $12.3 million a year ago.\nIt reported a net loss of $10.5 million and 10 cents per share, which was a marked improvement from a year ago when it lost $26.7 million and 28 cents per share.\nAPLD stock is down right now, losing 57% so far this year (volatility!) as it lowered its full-year guidance because of delays in the delivery of networking components for its graphics processing unit clusters.\nThe company is expected to release more details when it reports fiscal Q3 earnings after the market closes on April 11, so the outlook for this company could change quickly.\nFor now, APLD stock has a “B” rating in the Portfolio Grader.\nSource: Sisacorn / Shutterstock.com\nMedical and pharma stocks are often among Wall Street’s most volatile and risky. Developing new drugs is a costly business full of regulatory hurdles and competition. But when a company hits, the returns can be dynamic.\nThat brings us toElevation Oncology(NASDAQ:ELEV), a Boston-based company that is working on variouscancer therapies.\nThe company has two Phase 1 trials for its candidates for treating solid tumors in combination with immunotherapy and targeted agents for gastric, gastroesophageal junction, pancreatic and esophageal cancers.\nIn February, the company issued its first dose to a patient in Japan as part of a Phase 1 clinical trial for its E0-3021 candidate. Earlier this month, the company issued proof-of-concept for itsHER3-ADC program, which shows success in treating cancerous cells while minimizing exposure.\nElevation Oncology says it has sufficient funding for its operations through the fourth quarter of 2025, giving it a solid window to continue to fund its research. ELEV stock is up 777% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: boommaval / Shutterstock.com\nMicroCloud Hologram(NASDAQ:HOLO) \xa0is a Chinese software company that works with holographic technology, such as holographic content services, smart car holographic fields, cloud data processing and intelligent visual services.\nThe company’s products can be used in Internet advertising, audio and video applications and automotive electronics manufacturing.\nBut as the technology grows, MicroCloud is betting that it will capture a significant piece of the market for holographic hardware development and design and holographic chip design.\nMicroCloud has been a volatile meme stock, jumping at one point in February more than 1,700%. In September last year, the stock went even higher when itannouncedit was working withOpenAI’sChatGPT to make a holographic virtual digital human.\nThere are some red flags with MicroCloud, to be sure. The company hasn’t done a good job of issuing financial statements, with its Form 10-Q for the first quarter of 2023 being the most recent report available. It’s not a company that I would ever consider as a core holding for my portfolio.\nBut HOLO could be worth a small investment for a speculative investor. It gets a “B” rating in the Portfolio Grader.\nSource: Gorodenkoff / Shutterstock.com\nClearside Biomedical(NASDAQ:CLSD) is a Georgia company developing treatments for the back of the eye through the suprachoroidal space.\nIt patented theSCS Microinjectorfor use as an in-office, non-surgical procedure to deliver treatments to the macula, retina, or choroid of the eye, and possibly relieve patients with vision-threatening diseases.\nNow that Clearside has the Microinjector, it’s working on its own pipeline of product candidates that can be delivered using its own patented device. Its drugcandidatefor treating age-related macular degeneration is currently in Phase 2B trials.\nRevenue in the fourth quarter of 2023 was $6.3 million, up substantially from $330,000 a year ago. The growing company posted a net loss of $4.8 million and 8 cents per share, which was an improvement from $9.6 million and 16 cents per share in the fourth quarter of 2022.\nCLSD stock is up 10% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: Stephanie L Sanchez / Shutterstock.com\nNikola(NASDAQ:NKLA) is an Arizona-based company that manufactures commercial, heavy-duty battery electric vehicles. Nikola also manufactures a hydrogen-powered EV truck with a range of up to 500 miles.\nNikola provides the infrastructure to produce, distribute and dispense hydrogen, and offers electric vehicle fast-charging infrastructure for its battery-powered EVs.\nRevenue for the fourth quarter of 2023 was $11.5 million, up from $5.4 million in the previous year. The company posted a net loss of 153.5 million and 14 cents per share, down from a loss of $222 million and 36 cents per share in the previous year.\nNKLA stock is an interesting bet on green power for heavy-duty vehicles. While the stock will be volatile, it’s up 14% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nBitfarms(NASDAQ:BITF) is a Toronto-based Bitcoin mining company. With the price of Bitcoin up 63% in 2024 and 132% in the last year, Bitcoin mining has become exceptionally profitable.\nBitfarms currently operates 11 farms in Canada, Paraguay, Argentina and the U.S., deploying nearly 66,000 miners to produce the cryptocurrency. While it currently has a production capacity of 6.5 exa hash per second (EH/s), Bitfarms has plans toincrease its capacityto 21 EH/s.\nIn March, Bitfarms produced 286 Bitcoin and sold 284 of them, which at today’s prices would be more than $19.5 million in revenue.\nThe company reportedrevenueof $146 million and an operating loss of $72 million for the year, compared to revenue of $142 million and a loss of $284 million in 2022.\nThe company will continue to see losses as it expands its production capacity, but its added capacity bodes well for future profitability.\nBITF stock is up 113% in the last 12 months and gets a “B” rating in the Portfolio Grader.\nOn the date of publication, Louis Navellier had a long positioninNVDA. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.\nThe InvestorPlace Research Staff member primarily responsible for this article had a long position in BTC and NVDA. The staff member did not hold (either directly or indirectly) any other positions in the securities mentioned in this article.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post7 Top Stocks Under $7appeared first onInvestorPlace.', 'Even ardent supporters ofXRP(CRYPTO: XRP)must be getting tired of waiting for its price to soar. XRP still trades around the $0.62 mark, almost exactly the same as on Jan. 1. Meanwhile,Bitcoin(CRYPTO: BTC)has blasted off into the stratosphere, reaching new all-time highs this year.\nBut XRP may have one more trick up its sleeve.Ripple, the company behind the XRP crypto token, recently announced plans to launch a newstablecoinfor the XRP ecosystem. If successful, this new product launch could revive growth prospects for XRP and potentially send the value of the crypto token past the $1 mark.\nA stablecoin is a special type of cryptocurrency that is pegged 1-to-1 to a specific asset, typically the U.S. dollar. Unlike traditional cryptocurrencies, which can gyrate wildly in value, stablecoins are supposed to be, well, "stable." Regardless of what is going on in the market, they are always supposed to be worth $1. If they ever lose their peg, it means something has gone seriously wrong.\nGiven this unique property, a stablecoin can act as a bridge between the world of traditional finance (which uses real-world dollars) and the world of blockchain finance (which uses digital dollars). Stablecoins help to convert real-world dollars into digital dollars so that they can be used on a blockchain. Often, they are used so seamlessly that you may not even realize that they are being used.\nAnd that\'s where XRP comes into the picture. In theory, the new stablecoin should create new use cases for XRP, and those in turn, should help to drive a higher valuation. For example, XRP already powers a payment network from Ripple. As usage of the stablecoin increases, it could lead to more usage of this payment network, which could lead to more demand for XRP, which could help to push up its price.\nRight now, stablecoins are a $150 billion industry. They are enormously important in getting mainstream financial players (such as banks) involved in the world of blockchain finance. If the new Ripple stablecoin is a big hit with these financial players, it would make everything that XRP does more attractive and more valuable.\nEven if Ripple only gains a 10% market share of the $150 billion stablecoin industry, that\'s worth $15 billion. That\'s roughly half the value of XRP, which has a current market cap of about $34 billion. So it\'s easy to see how XRP could get a nice lift in value from just a modest gain in market share.\nThe only problem is that the stablecoin industry is currently controlled by two behemoths --Tether(CRYPTO: USDT)andUSD Coin(CRYPTO: USDC). The market cap of Tether is $107 billion, and the market cap of USD Coin is $32.5 billion. Together, these two stablecoins account for about 95% of the total $150 billion market opportunity.\nSo Ripple has its work cut out for it. It must convince everyone currently using Tether and USD Coin to use its stablecoin instead. And the only way to do that, quite frankly, is to convince everyone that its stablecoin is 100% guaranteed to never lose its peg, while other stablecoins might. And, indeed, there have been multiple times over the past two years when Tether briefly lost its peg.\nFrom my perspective, gaining market share is going to be a really tall task. Just askPayPal(NASDAQ: PYPL), which launched a new stablecoin called PayPal USD last August. The total market cap of this stablecoin is still less than $200 million, and some of the initial enthusiasm surrounding it seems to have cooled considerably. Not to mention the fact that the Security and Exchange Commission (SEC) is taking a closer look to see if it might really be a security, not a cryptocurrency.\nUnfortunately, XRP has been losing its relevance as a crypto token for several years now. Given that XRP remains mired in an ongoing lawsuit with the SEC, many financial institutions are hesitant about using it, and some have broken off partnerships entirely as they wait for things to sort themselves out.\nWhile I certainly applaud Ripple for taking steps to boost the value of XRP (even if it\'s only indirectly), I\'m not convinced that this new product launch is going to move the needle. The market seems to agree. Since Ripple announced its new stablecoin project in early April, the price of XRP has barely budged. As a result, I\'m increasingly doubtful that XRP will cross the $1 threshold this year.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin and USD Coin. The Motley Fool has positions in and recommends Bitcoin, PayPal, and XRP. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nWill This new Catalyst Send XRP Soaring Past the $1 Mark?was originally published by The Motley Fool', 'Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye.\nThe biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments.\nWith no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven\'t moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%.\nAs a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech.\nThese three tech stocks look like they have more potential than any cryptocurrency.\nChip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion.\nMeanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia\'s offerings and has already caught the attention of some of tech\'s most prominent players, signing onMicrosoftandMeta Platformsas clients.\nAdditionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled.\nAMD has massive potential in the coming years; earnings per share (EPS) estimates support this.\nAMD\'s earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company\'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD\'s stock price could nearly double by fiscal 2026, rising 96%.\nAnd with that, AMD has significantly more potential than the crypto market.\nLike AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year.\nThe company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple.\nHowever, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025.\nMoreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently.\nIntel\'s earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company\'s forward P/E of 28, you get a stock price of $85.\nLooking at its current position, these projections could see Intel\'s stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency.\nAmazon\'s(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term.\nAdditionally, as the operator of the world\'s biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years.\nAmazon\'s earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant\'s forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026.\nAmazon has a bright future, and you won\'t want to miss out on its potential.\nBefore you buy stock in Advanced Micro Devices, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nJohn Mackey, former CEO of Whole Foods M Last 60 Days of Bitcoin's Closing Prices: [48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-11 Financial & Commodity Data: - Gold Closing Price: $2354.80 - Crude Oil Closing Price: $85.02 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,372,942,003,225 - Hash Rate: 566860609.5352726 - Transaction Count: 476241.0 - Unique Addresses: 631803.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024. The central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction. During the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024. Following the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Revenue:$43.3 million for Q3 2024, up from $14.1 million in Q3 2023.\n• Datacenter Hosting Revenue:$37.7 million.\n• Cloud Services Revenue:$5.6 million.\n• Cost of Revenues:$47.1 million for Q3 2024, up from $10.5 million in Q3 2023.\n• SG&A Expenses:$30.4 million for Q3 2024, up from $10.5 million in Q3 2023.\n• Net Loss:$62.8 million or $0.52 per share for Q3 2024, compared to $7 million or $0.07 per share in Q3 2023.\n• Adjusted Net Loss:$28.9 million or $0.24 per share for Q3 2024.\n• Adjusted EBITDA:Loss of $2.3 million for Q3 2024, compared to a gain of $0.9 million in Q3 2023.\n• Cash and Equivalents:$41 million at the end of Q3 2024.\n• Debt:$61.8 million at the end of Q3 2024.\n• Warning! GuruFocus has detected 6 Warning Signs with APLD.\nRelease Date: April 11, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Jamestown facility operated at full capacity with uninterrupted uptime throughout the quarter, marking the sixth consecutive quarter of full capacity operation.\n• Entered into exclusivity and executed an LOI with a US-based hyperscaler for 400 megawatts of capacity at the Ellendale campus, which is a significant development for future growth.\n• Strengthened balance sheet post-quarter with $160 million of announced asset sales and financing transactions.\n• Successfully procured replacement transformers from North American industry-leading manufacturers for the Ellendale facility, which is now reenergized to approximately 14% of its full capacity.\n• Revenue for the fiscal third quarter of 2024 was $43.3 million, compared to $14.1 million for the fiscal third quarter of 2023, driven primarily by increased capacity across data center hosting facilities and revenue from cloud services contracts.\n• Encountered challenges in the data center hosting business due to facility power outages, particularly at the 180 megawatt Ellendale facility, which impacted financial performance.\n• Adjusted EBITDA loss of approximately $2.3 million for the quarter, with several one-time significant items affecting financial performance and comparability.\n• Incurred unexpected expenses from addressing power outages at the Ellendale data center hosting facility, estimated at $4.5 million impact on operating loss during the quarter.\n• Recorded a $21.7 million loss on held-for-sale classification related to the Garden City transaction and $4.2 million of accelerated depreciation and amortization related to the disposal of damaged equipment.\n• Lack of significant sequential revenue growth in the cloud services business due to delays in clusters entering revenue generation.\nQ: At West, you described Ellendale and Jamestown as strategic. So I wanted to ask if it's fair to conclude from that comment that those assets would not be sold on specifically just the BTC. piece of it. Thank you very much.A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Sure. Thanks, Lucas. So those assets are strategic to us and that they have a really good fiber connectivity at those sites versus what we had in Texas. And we have no plans of selling those in the US in the immediate future.\nQ: On Ellendale, you mentioned you have more than 600 megawatts of future capacity. Is this 600 megawatt inclusive of the current PTC business or incremental? And then how is this power capacity secured?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So it's inclusive of the one 180 on the BTC. com. And right now, we've secured 535 megawatts at that site, but we believe it goes to 605.\nQ: On the debt facility that you had mentioned for the GPUs, what potential size could we think about for that?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I'm hesitant to say the size, but it's somewhere in the multi-hundred million, maybe $500 million to $1 billion range.\nQ: Regarding the 400 megawatt hyperscaler contract, is this in addition to or a completely new move on your part with respect to what you have out there for sale?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: The 400 megawatts is inclusive of the 100. So it will take that the previous customer didn't go forward. As I've mentioned on our call last call in January, we've we have had a significant amount of interest at that site. And I think you don't know feel like we're moving forward with the best party for us to move forward with now, which is effectively for the entire site.\nQ: Could you give us a quick update on sort of where your orders sit, where the supply of GPUs, how well that's coming in, including inclusive of InfiniBand?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes, sure. So couple of things on that. We feel good on the supply. We're seeing shipments on including everything. One of the the blocks we hit a little bit in the quarter is we've been hiring more people because there is a significant amount of work to put these together to commission them and turn them over to customers. And we have a bill or a limited team. And so we've been adding to that team. I think it's tens of thousands of cables that need to be connected. The cabling takes a long time and in the commissioning, but there's a lot of work involved. So hopefully, we'll shorten that with experience and with more bodies in the future. But the right now you should be thinking about eight weeks from when we receive all components on site two, the clusters being turned over to customers.\nQ: On the large potential new contract, could you give us a sense of the steps that go into that as is it? Is it contingent on financing? Or are there some details to negotiate contracts and then you go out and get financing sense of the steps and timing and how that plays out?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So I'm not worried about financing on this one on. There's just a process that the steps you go through from a from where we are now, you know, some some diligence, a lot of things that we have to provide. And there's a lot of work to be done from a legal contracting perspective from. And then, you know, I would expect this to be kind of a 60 to 90 day process from when we started.\nQ: On the cloud services GPU side, how many GPUs did you own at the end of February and how many were generating revenue? And then what's your kind of estimate for the same, how many you'll own and will be generating revenue at the end of May?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So we own, I believe, 5,120 for the H-100 class GPUs. So there's 4,000 -- I'm having trouble doing the math in my head to round it to the exact number, but -- So rounded to 4,000. So there's 4,000 in revenue generation now and then there's 2000 that are needed being brought up to that stage and we should have more before the end of the quarter.\nQ: Roughly, how much does the transformers cost that you need to do put in to Ellendale the new one?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I have David here. 300,000 apiece.\nQ: Do you guys have a rough committed CapEx number for the rest and lender '24?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: We have seven more weeks of -- calendar '24. I'm sorry, let me let me come back to you on that, Mike, I don't have that in front of me. We didn't have it here for the call.\nQ: On the GPU piece, you mentioned, I think it's 4,000 generating revenue now, 2,000 to 4,000-plus online end of May. So kind of as we think about that exiting may run rate, fair to say about 8,000 generating revenue?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Could be close to 8,000. Somewhere between 6,000 and 8,000 is the right number to think about.\nQ: On the enterprise customers that you'd want to diversify into two of those still aren't signed. So the slowdown is just you still would need to go out and sign those or kind of I guess just where are we in that process?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So it's advanced since the last quarter. I think I'd mentioned we're in proof of concept with some and there's more move to contract negotiation, um, so that's that's definitely made an advancement. Those take just take longer. Having talked. I don't know. I think I've talked about this\nThis article first appeared onGuruFocus.", '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past three years have been HK$450 billion, HK$400 billion and HK$320 billion, falling short of the limit by HK$100 to HK$200 billion ($15 billion to $25 billion), according to data source360MarketIQ.\n"Hence there is potentially HK$100 billion to HK$200 billion in quota left for bitcoin ETF investment flows – if the approval occurs without any restrictions. HK$200 is the equivalent of $25 billion," Matrixport explained.\nAs of this writing, it\'s unclear whether the impending spot ETFs will be open for mainland Chinese investors. That said, mainland China seems interested in diversifying into alternative assets, as evidenced by the recent surge in gold prices in Shanghai.\nThe tightly controlled Chinese renminbi (or yuan) has declined nearly 2% against the U.S. dollar, extending the two-year losing streakon the backof an economic slowdown and shrinking trade surplus.\n"China’s RMB is at a 17-year low vs. the USD. Indeed, there is a demand for diversification," Matrixport said, noting the Chinese central bank\'scontinued gold purchases.\nNick Ruck, COO of ContentFi Labs, said mainland funds are interested in issuing ETFs in Hong Kong.\n"Mainland-based funds have been applying to issue spot bitcoin ETFs through their Hong Kong subsidiaries. If approved, this could allow qualified mainland investors greater access to bitcoin," Ruck, who is based on Hong Kong, told CoinDesk.\nAccording to Nikkei Asia, top Chinese fund manager Bosera Asset Management\'s Hong Kong arm, Harvest Global Investments, and Chinese brokerage GF Holdings-owned Value Partners have applied for ETFs in Hong Kong.\nIn December, a report by Hong Kong Exchanges and Clearing Limited (HKEX) said the Stock Connect program was expanded to include Hong Kong-listed ETFs in July 2022. As of mid-2023, the program included six Hong Kong-listed ETFs, and their average daily turnover grew to HK$2.9 billion by September.\nThe U.S. greenlighted nearly a dozen spot ETFs four months ago. Since then, these funds have amassed $12 billion in investor funds, pushing bitcoin to new record highs above $73,000.', '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past three years have been HK$450 billion, HK$400 billion and HK$320 billion, falling short of the limit by HK$100 to HK$200 billion ($15 billion to $25 billion), according to data source360MarketIQ.\n"Hence there is potentially HK$100 billion to HK$200 billion in quota left for bitcoin ETF investment flows – if the approval occurs without any restrictions. HK$200 is the equivalent of $25 billion," Matrixport explained.\nAs of this writing, it\'s unclear whether the impending spot ETFs will be open for mainland Chinese investors. That said, mainland China seems interested in diversifying into alternative assets, as evidenced by the recent surge in gold prices in Shanghai.\nThe tightly controlled Chinese renminbi (or yuan) has declined nearly 2% against the U.S. dollar, extending the two-year losing streakon the backof an economic slowdown and shrinking trade surplus.\n"China’s RMB is at a 17-year low vs. the USD. Indeed, there is a demand for diversification," Matrixport said, noting the Chinese central bank\'scontinued gold purchases.\nNick Ruck, COO of ContentFi Labs, said mainland funds are interested in issuing ETFs in Hong Kong.\n"Mainland-based funds have been applying to issue spot bitcoin ETFs through their Hong Kong subsidiaries. If approved, this could allow qualified mainland investors greater access to bitcoin," Ruck, who is based on Hong Kong, told CoinDesk.\nAccording to Nikkei Asia, top Chinese fund manager Bosera Asset Management\'s Hong Kong arm, Harvest Global Investments, and Chinese brokerage GF Holdings-owned Value Partners have applied for ETFs in Hong Kong.\nIn December, a report by Hong Kong Exchanges and Clearing Limited (HKEX) said the Stock Connect program was expanded to include Hong Kong-listed ETFs in July 2022. As of mid-2023, the program included six Hong Kong-listed ETFs, and their average daily turnover grew to HK$2.9 billion by September.\nThe U.S. greenlighted nearly a dozen spot ETFs four months ago. Since then, these funds have amassed $12 billion in investor funds, pushing bitcoin to new record highs above $73,000.', "SINGAPORE,April 12, 2024/PRNewswire/ --\xa0Leading cryptocurrency exchange Bitrue unveiled anew competitionavailable to all users on the platform that comes with a total prize up to$850,000USDT in a recentX announcement.\nThe contest is being held in honor of the much anticipated Bitcoin Halving - an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.\nThe competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins onThursday April 11thand will continue until the halving event occurs (estimatedApril 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.\nWith all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on theBitrue exchangenow in order to be ready for when the contest goes live onApril 11th.\nAbout\xa0Bitrue\nLaunched inJuly 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices inAsiaandEurope, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue'swebsite.\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115305.html\nSOURCE Bitrue", "SINGAPORE,April 12, 2024/PRNewswire/ --\xa0Leading cryptocurrency exchange Bitrue unveiled anew competitionavailable to all users on the platform that comes with a total prize up to$850,000USDT in a recentX announcement.\nThe contest is being held in honor of the much anticipated Bitcoin Halving - an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.\nThe competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins onThursday April 11thand will continue until the halving event occurs (estimatedApril 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.\nWith all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on theBitrue exchangenow in order to be ready for when the contest goes live onApril 11th.\nAbout\xa0Bitrue\nLaunched inJuly 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices inAsiaandEurope, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue'swebsite.\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115305.html\nSOURCE Bitrue", 'Ark Investment Management operates 14 exchange-traded funds (ETFs) focused on disruptive innovation. Other than its broad-based flagship ETF,\xa0 each invests in different areas of the technology sector with strong long-term growth potential, including electric vehicles, robotics, cryptocurrencies, and artificial intelligence (AI).\nArk Invest is run byCathie Wood, who is one of the most bullish voices on Wall Street when it comes to the potential of the technology sector. Under her leadership, Ark Invest issued a forecast that suggests AI could add a whopping $200 trillion to the global economy by 2030.\nTheArk Innovation ETF(NYSEMKT: ARKK)and theArk Autonomous Technology and Robotics ETF(NYSEMKT: ARKQ)hold a number of different stocks that reflect that forecast, and investing in either fund or both might be a great long-term decision.\nThis is Ark\'s flagship ETF, and it manages more than $8.2 billion on behalf of its investors. While it owns a number of AI stocks, it also invests in companies in the biotechnology, automation, clean energy, and financial technology industries, among others.\nThe Ark Innovation ETF currently holds 38 stocks across those segments. The fund is actively managed, so Wood and her team of experts adjust the portfolio as necessary, which is convenient for passive investors.\nThe ETF is heavily weighted toward its top five holdings, which account for 39.5% of the total value of its portfolio:\n[{"Stock": "Tesla", "Ark Innovation Portfolio Weighting": "9.75%"}, {"Stock": "Coinbase", "Ark Innovation Portfolio Weighting": "9.75%"}, {"Stock": "Roku", "Ark Innovation Portfolio Weighting": "7.52%"}, {"Stock": "UiPath", "Ark Innovation Portfolio Weighting": "6.77%"}, {"Stock": "CRISPR Therapeutics", "Ark Innovation Portfolio Weighting": "5.78%"}]\nData source: Ark Invest. Portfolio weightings are as of April 9, 2024.\nTesla falls into a few different buckets. It\'s one of the world\'s largest electric vehicle companies by sales, but Wood alsocalls it the biggest AI opportunitybecause of the full self-driving software it is developing. Plus, Tesla is developing robotics on several fronts, from its manufacturing processes to its Optimus humanoid robot.\nCoinbase is one of the world\'s largest cryptocurrency exchanges, and its stock has soared 267% over the past year on the back of a strong recovery in leading coins likeBitcoin. UiPath, on the other hand, develops robotic automation software, and it\'s another stock Wood has highlighted as a favorite in the AI space.\nThe Ark Innovation ETF holds a number of other popular AI stocks outside of its top five, includingPalantir TechnologiesandMeta Platforms.\nWhile ETFs tend to carry less risk than individual stocks, they are not risk free. The Ark Innovation ETF is still trading down by 69% from the all-time high it touched in early 2021, which was followed by a tech crash in 2022. Indeed, it\'s below where it was at the start of 2020. However, it has still delivered a compound annual return of 11.7% since its inception in 2014, which is roughly in line with the 11.8% annualized gains of theS&P 500index over the same period.\nThe Ark Innovation ETF\'s heavy concentration in high-growth tech stocks means it has the potential to outperform the broader market over the long term, but investors who buy it should be prepared for volatility along the way.\nThe Ark Autonomous Technology and Robotics ETF is much smaller than the flagship fund, with just $914 million in assets under management. It holds 36 different stocks with a focus on autonomous transportation, 3D printing, green energy, space exploration, and robotics and automation. Many of those emerging industries rely on AI in some capacity, so the fund is an effective way to invest in the technology.\nThis fund, too, is quite concentrated, which means a handful of stocks can have a disproportionate effect on its performance. Its top five holdings account for 42.9% of the value of its portfolio:\n[{"Stock": "Tesla", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "10.38%"}, {"Stock": "Kratos Defense and Security", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "9.57%"}, {"Stock": "Teradyne", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "8.21%"}, {"Stock": "UiPath", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "7.53%"}, {"Stock": "Trimble", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "7.27%"}]\nData source: Ark Invest. Portfolio weightings are as of April 9, 2024.\nTesla stock is the top holding in the Ark Autonomous Technology and Robotics ETF, mainly because of its full self-driving software. Stocks like Kratos Defense and Security and Teradyne, on the other hand, might be somewhat unfamiliar to most investors.\nKratos makes several hardware and software products for commercial and military applications, from unmanned aerial and ground vehicles to space communications and launch systems. Teradyne develops automation equipment for industrial applications, which helps manufacturers of electronics like semiconductors and wireless solutions test their products\' quality.\nOutside of the Ark Autonomous Technology and Robotics ETF\'s top five holdings, investors will find a number of popular AI stocks likeNvidia,Alphabet, andAdvanced Micro Devices.\nThe ETF has suffered a 46% decline from its all-time high in early 2021 for similar reasons to the Ark Innovation fund, but it has delivered a compound annual return of 12% since its inception in 2014, so it has still outperformed the S&P 500 over the long term.\nAgain, it\'s important for investors to be ready to ride out periods of volatility when buying an ETF that is so concentrated in niche segments of the technology sector, recognizing that despite those oscillations, it can produce solid rewards in the long run.\nBefore you buy stock in Ark ETF Trust - Ark Innovation ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ark ETF Trust - Ark Innovation ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors.Anthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Bitcoin, CRISPR Therapeutics, Coinbase Global, Meta Platforms, Nvidia, Palantir Technologies, Roku, Tesla, and UiPath. The Motley Fool recommends Teradyne and Trimble. The Motley Fool has adisclosure policy.\n2 Magnificent Ark Invest ETFs to Buy for the Artificial Intelligence (AI) Boomwas originally published by The Motley Fool', 'Hype surrounding the upcoming Runes protocol saw Bitcoin meme coin PUPS jump some 50% in the past 24 hours as traders look to bet on Bitcoin-adjacent tokens and networks ahead of the halving.\nThe meme coin wastrading over $66as of Asian afternoon hours with a $516 million market capitalization, making it the third-largest Bitcoin-based token behind ordi (ORDI) and sats (SATS).\nPUPS led global sales and volumes among all NFT collections, Cryptoslam data shows, with over $11 million in volumes. Uncategorized Bitcoin Ordinals collections and NodeMonkes were next with $7 million and $1 million in volumes – continuing a trend of interest in Bitcoin NFTs from earlier this week.\nPUPS has rocketed over 1,000% in the past week,data shows,and was widely considered the “first” meme coin on Bitcoin – helping fuel virality and interest. Developers on Fridaydenied the claim.\nPUPS is currently offered as an Ordinals token but intends to shift to the upcoming Runes protocol after the halving. Traders on social media platform X arehyping up Runesas the sector to look forward to, following a frenzy in the Solana and Base ecosystems.\nThe upcoming Runes protocol is expected to go live after Bitcoin\'s halving. It will take the Ordinals protocol a step ahead by making transactions even more cheaper and faster – and traders say it’sa sector to watch forin the coming weeks.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nRunes takes this concept further by utilizing a UTXO (Unspent Transaction Output) protocol to generate transactions. This allows tokens to create, name, and transfer digital commodities only using the Bitcoin network.\nUTXO is a technical term for the small amount of tokens that may remain after a cryptocurrency transaction.\nOrdinals and Runes are both projects by long-time Bitcoin developerCasey Rodarmor, which has created trust and lent an idea of authenticity among users.\nRodarmor said in an X post earlier in April that the protocol is designed for “degens and meme coins,” fuelling hype among meme coin traders.\n“Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB,” he said. The ordinals library provides everything needed to encode and decode runestones, so integration should be straightforward.”\n“I\'m highly skeptical of "serious" tokens, but runes are without a doubt a "serious" token protocol,” Rodarmor added at the time.', 'Hype surrounding the upcoming Runes protocol saw Bitcoin meme coin PUPS jump some 50% in the past 24 hours as traders look to bet on Bitcoin-adjacent tokens and networks ahead of the halving.\nThe meme coin wastrading over $66as of Asian afternoon hours with a $516 million market capitalization, making it the third-largest Bitcoin-based token behind ordi (ORDI) and sats (SATS).\nPUPS led global sales and volumes among all NFT collections, Cryptoslam data shows, with over $11 million in volumes. Uncategorized Bitcoin Ordinals collections and NodeMonkes were next with $7 million and $1 million in volumes – continuing a trend of interest in Bitcoin NFTs from earlier this week.\nPUPS has rocketed over 1,000% in the past week,data shows,and was widely considered the “first” meme coin on Bitcoin – helping fuel virality and interest. Developers on Fridaydenied the claim.\nPUPS is currently offered as an Ordinals token but intends to shift to the upcoming Runes protocol after the halving. Traders on social media platform X arehyping up Runesas the sector to look forward to, following a frenzy in the Solana and Base ecosystems.\nThe upcoming Runes protocol is expected to go live after Bitcoin\'s halving. It will take the Ordinals protocol a step ahead by making transactions even more cheaper and faster – and traders say it’sa sector to watch forin the coming weeks.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nRunes takes this concept further by utilizing a UTXO (Unspent Transaction Output) protocol to generate transactions. This allows tokens to create, name, and transfer digital commodities only using the Bitcoin network.\nUTXO is a technical term for the small amount of tokens that may remain after a cryptocurrency transaction.\nOrdinals and Runes are both projects by long-time Bitcoin developerCasey Rodarmor, which has created trust and lent an idea of authenticity among users.\nRodarmor said in an X post earlier in April that the protocol is designed for “degens and meme coins,” fuelling hype among meme coin traders.\n“Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB,” he said. The ordinals library provides everything needed to encode and decode runestones, so integration should be straightforward.”\n“I\'m highly skeptical of "serious" tokens, but runes are without a doubt a "serious" token protocol,” Rodarmor added at the time.', "Ark Invest is an asset management company focused on disruptive innovation. Under CEO Cathie Wood, the company manages thematic exchange-traded funds (ETF) built around various technologies, including blockchain and cryptocurrency.\nArk has long been bullish onBitcoin(CRYPTO: BTC). In 2015, it became the first public fund manager to gain exposure to the cryptocurrency, which traded around $200 at the time. Nearly a decade has passed, and Bitcoin is now worth $70,000, but Wood and her team still see substantial upside for investors.\nThe company published aBitcoin valuation modelin 2023 that posited a price of $1.5 million by 2030. That implies more than 2,000% upside from its current price. But Ark quietly revised its target higher after the Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024. Wood made that information public at the Bitcoin Investor Day conference last month, saying:\nLast year, we put out our bull case for Bitcoin. It was $1.5 million. With this institutional green light that the SEC has provided, kicking and screaming though it did, the analysis we've done is that if institutional investors were to allocate a little more than 5% of their portfolios to Bitcoin, as we think they will over time, that alone would add $2.3 million to the projection I just gave you.\nIn short, Ark now believes Bitcoin could reach $3.8 million, presumably by 2030, though Wood didn't provide a specific time frame. The upside implied by the new target exceeds 5,300%. One way investors can capitalize on that is by purchasing a position in theiShares Bitcoin ETF(NASDAQ: IBIT), a recently approved spot Bitcoin exchange-traded fund.\nUntil recently, getting directBitcoinexposure was a cumbersome and costly process for U.S. investors. They had to create and fund an account with a cryptocurrency exchange, where they usually had to pay exorbitant commissions on each transaction. For instance,Coinbasecharges about 1.5% for simple trades. Additionally, investors who wanted complete control of their Bitcoin had to move the cryptocurrency to a specific type of blockchain wallet.\nFortunately, things got easier when the SEC approved spot Bitcoin ETFs in January. Those investment vehicles track the price of Bitcoin while eliminating the hassle of cryptocurrency exchanges, high fees, and specialized storage solutions. Ark highlighted those benefits in a recent report:\nThe launch of spot Bitcoin ETFs set the stage for Bitcoin's growth by offering investors a more direct, regulated, and liquid way to gain exposure. Bitcoin spot ETFs are traded on major stock exchanges, allowing investors to buy and sell shares through their existing brokerage accounts, and should reduce the learning curve and operational complexities associated with direct investments in Bitcoin.\nThe SEC has approved 11 spot Bitcoin ETFs, all of which do the same thing: track the price of Bitcoin. The only consequential differences lie in the expense ratios and the reputations of the issuers.\nWith that in mind, investors should consider the iShares Bitcoin ETF fromBlackRock. It bears the third-lowest expense ratio of 0.25%, and BlackRock has a sterling reputation that comes with being the world's largest asset manager.\nArk Invest believes spot Bitcoin ETFs will eventually capture more than 5% of institutional assets under management (AUM). For context, consultancy PwC believes institutional AUM will reach $145 trillion by 2025. Using that figure, Ark's prediction implies that institutional investors will eventually allocate about $8 trillion to Bitcoin. That may be a stretch.\nOn one hand, the launch of spot Bitcoin ETFs has undoubtedly been a success. The ETFs issued by BlackRock and Fidelity saw more inflows during their first month on the market than any other ETFs in history, according to Eric Balchunas at Bloomberg. Additionally, the BlackRock ETF became the fastest ever to reach $10 billion in assets, according toThe Wall Street Journal.\nOn the other hand, spot Bitcoin ETFs had collectively accumulated just $57 billion in assets as of April 4, according to The Block. Even if every penny came from institutional investors, which is certainly not true, that figure would need to increase 140-fold to reach $8 trillion. I doubt that will happen in the near future, so readers should not bank on Bitcoin reaching $3.8 million any time soon.\nThat said, the iShares Bitcoin ETF is still a worthwhile purchase for risk-tolerant investors. Bitcoin easily outperformed stocks, bonds, gold, commodities, and real estate over the last five years. Additionally, any investor who has bought and held Bitcoin for at least five years has profited, no matter when they made their purchase, according to Ark Invest. That makes for a compelling investment thesis.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nThis Cryptocurrency Exchange-Traded Fund (ETF) Could Soar 5,300%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool", "You'd struggle to find a better performing stock in recent times thanCoinbase(NASDAQ: COIN). Shares of the digital-asset brokerage and exchange have skyrocketed 626% since the start of 2023, as they benefit from renewed interest inBitcoinand the equities market.\nThe momentum for Coinbase has carried over into 2024, as it's up almost 50% just this year (as of April 8). This topcryptocurrency stockjust exploded. Is it time for you to buy shares?\nCoinbase's impressive stock price run-up has certainly been propelled by some very powerful trends that are working in its favor. Investors need to know about them.\nThe first driver has to be the bounce back of the overall cryptocurrency market. At the start of 2023, the industry's market cap hovered around $800 billion. As of this writing, it's at $2.7 trillion. After investors wrote off the industry in 2022, things have come roaring back in a dramatic fashion.\nThis year, I believe the approval ofspot Bitcoin exchange-traded funds (ETFs)is also boosting optimism around the crypto industry. And given that Coinbase is a custodial-service provider to many of these investment products, it's a vote of confidence for shareholders.\nI think another positive trend working on behalf of Coinbase is just how much the business has transitioned to a more sustainable model. In 2021, when the crypto market was last experiencing a surge, 93% of the company's net revenue came from transaction fees derived from facilitating trades on behalf of individuals and institutions. In 2023, another extremely positive year for the market, 52% of sales came from transactions.\nThe change is credited to expanded subscriptions and services. Management hopes this is just the beginning of a more predictable and stable business model.\nIt's hard to overstate just how fantastic Coinbase's gain has been. But if you've missed the massive rally, it's best not to have fear of missing out (FOMO). Instead, think about where the business and stock could be three, five, or even 10 years from now. Having this type of long-term mindset is crucial when investing in stocks.\nWith that being said, I believe Coinbase is a smart buy only for those investors who are bullish on cryptocurrencies in general. That's because this business can be viewed as a bet on the growth of the entire industry.\nCoinbase drives crypto regulation forward, engaging in discussions with lawmakers about how to design adequate rules. The company has hundreds of millions of dollars in venture-style investments in private crypto-related enterprises, giving it direct exposure to their success. It's one of the largest and oldest brokerages and exchanges in the world. And it's attempting to usher in a new era in the industry, one focused on driving greater utility of cryptocurrencies. Therefore, it's reasonable to expect Coinbase's financials and stock price to do well if digital-asset prices also rise over time.\nCoinbase shares are currently 28% off their all-time high, so bullish investors have the chance to buy at a sizable dip. I'm personally not a buyer of the stock because I don't know where the crypto industry will be a decade from now. There is simply too much uncertainty for my liking.\nBut for growth-minded investors who have the tolerance to add a little more risk to their portfolios, and who believe in the future of digital assets and blockchain technology, Coinbase might make for a good buying opportunity right now. Just make sure to maintain a very long-term mindset for things to play out. And be ready for the inevitable volatility along the way.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,293!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase's Stock Price Just Exploded. Time to Buy?was originally published by The Motley Fool", 'VICTORIA,Seychelles,April 12, 2024/PRNewswire/ -- Bitget, the world\'s leadingcryptocurrency exchangeand Web3 company, is excited to announce its participation in two prestigious blockchain conferences inDubai, Blockchain Life and Token2049. Additionally, Bitget will co-host exclusive afterparties, further solidifying its presence in the global crypto community.\nIn joining these prestigious events, Bitget aims to actively participate in shaping the future of the blockchain and cryptocurrency industry. Aligned with our mission to empower the future of finance by ensuring secure, efficient, and smart digital transactions for smarter trading, we recognize the significance of these platforms in driving innovation and adoption within the crypto space. By engaging with global attendees, Bitget seeks to contribute to the ongoing dialogue surrounding the adoption and evolution of blockchain technology. The company also believes that participation in such events is instrumental in driving mass adoption of crypto, as it facilitates knowledge-sharing, networking, and collaboration among industry stakeholders, paving the way for a more inclusive and efficient financial ecosystem.\nHere are some of the events details:\nBlockchain Life Dubai 2024Blockchain Life2024 is set to be one of the premier crypto events of the year, attracting over 8,000 crypto enthusiasts and thousands of international companies toDubai, the globally recognized crypto capital. Bitget\'s Chief Operating Officer,Vugar Usi Zade, will take the stage to share insights during a panel discussion titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024?"\nToken2049DubaiBitget\'s COO, Vugar will once again represent the company to showcase his expertise atToken2049Dubaiwith a keynote speech and panel discussion surrounding the theme of Crypto Entrepreneurs and Real-World Assets Tokenization. This event promises to bring together top industry leaders and innovators to explore the latest trends and developments in the world of decentralized finance.\nExclusive Side Events:At these exclusive events, attendees will have the opportunity to network and even participate in a car race with industry leaders and influencers, including executives from Bitget, TRON, P2P.org, Zircuit, Morph,Merlin Chain, Trust Wallet, Quantstamp, Foresight Ventures and many more on the guest list. The events, including "Bitcoin Track Day", "The Crypto Trio Beach Night" and "K-pop Party featuring tripleS," will take place onApr 17and 18 respectively.\n"We are thrilled to be a part of Blockchain Life and Token2049Dubai," saidVugar Usi Zade, COO of Bitget. "These conferences provide an excellent platform for us to engage with the global crypto community, share our insights, and strengthen partnerships. We look forward to connecting with industry leaders, innovators, and enthusiasts from around the world."\nAside from the aforementioned events, the Bitget team will also be present at various conferences and events, including the Global Blockchain Show, where they will share valuable insights and connect with attendees from around the world. For more information, please stay tuned at Bitget\'s social media channels.\nAbout BitgetEstablished in 2018,Bitgetis the world\'s leadingcryptocurrency exchangeand Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,Bitget Walletis a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballerLionel Messiand official eSports events organizer PGL.\nFor more information, visit:Website\|Twitter\|Telegram\|LinkedIn\|Discord\|Bitget Wallet\nView original content:https://www.prnewswire.com/apac/news-releases/bitget-to-take-center-stage-at-blockchain-life-and-token2049-dubai-302115340.html\nSOURCE Bitget', 'NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) --OTC Markets Group Inc.(OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announcedExodus Movement, Inc.(OTCQX: EXOD), a non-custodial cryptocurrency software platform, has qualified to trade on the OTCQX® Best Market. Exodus Movement, Inc. upgraded to OTCQX from the OTCQB® Venture Market.\nExodus Movement, Inc. begins trading today on OTCQX under the symbol “EXOD.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company onwww.otcmarkets.com.\nThe OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.\nKeefe, Bruyette & Woods,A Stifel Company, acted as the company’s OTCQX sponsor.\nAbout Exodus Movement, Inc.Exodus Movement, Inc. operates as a non-custodial cryptocurrency software platform company in the United States. Its multi-asset software wallet allows users to secure, manage, and exchange cryptocurrencies, such as Bitcoin, Ethereum, and others. The company was founded in 2015 and is based in Omaha, Nebraska. To learn more, visithttps://www.exodus.com/.\nAbout OTC Markets Group Inc.OTC Markets Group Inc.(OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX®Best Market, OTCQB®Venture Market and Pink®Open Market.\nOur OTC Link®Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.\nOTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.\nTo learn more about how we create better informed and more efficient markets, visitwww.otcmarkets.com.\nSubscribe to the OTC Markets RSS Feed\nMedia Contact:OTC Markets Group Inc., +1 (212) 896-4428,[email protected]\nContact Exodus Customer [email protected]\nContact Exodus Investor [email protected]\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: "will," "expect," "would," "intend," "believe," or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain bus Last 60 Days of Bitcoin's Closing Prices:* [49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-12 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,353,747,602,038 - Hash Rate: 584038203.763614 - Transaction Count: 448489.0 - Unique Addresses: 683741.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updated at 1020 EST) By Karen Brettell NEW YORK, March 1 (Reuters) - The dollar gained against the Japanese yen on Friday after Bank of Japan (BOJ) governor Kazuo Ueda said it was too soon to declare victory on inflation, but dipped against the euro after weaker than expected U.S. economic data. In cryptocurrencies, bitcoin held just below a more than two-year high reached on Wednesday. Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank's 2% inflation target and stressed the need to scrutinize more data on the wage outlook. That sent the yen lower, reversing a move from Thursday when BOJ board member Hajime Takata said that the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control. Inflation expectations and the path of BOJ policy will likely depend on negotiations between large firms and unions over wage increases. “If we’re right in expecting wage negotiations are going to lead to more signals that inflation is becoming a little bit more persistent in Japan, then we expect BOJ to exit negative interest rate policy,” said Bipan Rai, North American head of FX strategy at CIBC Capital in Toronto. However, “I feel like it is priced in already”, Rai added. “Beyond there we’re really looking at what sort of tweaking they do to the yield curve control program.” Big firms will settle negotiations on next year's pay with unions on March 13, ahead of the BOJ policy meeting on March 18-19. Economists project wage hikes of about 3.9% on average, exceeding a 3.58% pay rise deal struck in 2023 that was the highest in three decades. The dollar was last up 0.15% at 150.20 yen. The dollar index fell 0.15% to 103.96. The index reversed earlier gains after the University of Michigan's sentiment survey was weaker than forecast. 'TOO SOON' TO PREDICT RATE CUT TIMING U.S. manufacturing also slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders. The U.S. services sector growth picked up in January as new orders increased and employment rebounded, but suppliers appeared to fall behind, resulting in a measure of input prices rising to an 11-month high. The greenback has been largely rangebound as investors evaluate data for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Fed will be able to begin to cut its benchmark interest rate, Richmond Fed President Thomas Barkin said on Friday. U.S. inflation data for January on Thursday was in line with economists’ expectations. The next major U.S. economic release will be February’s employment report due next Friday. The euro gained 0.28% to $1.0833. Data on Friday showed that euro zone inflation dipped last month but underlying price growth remained stubbornly high, adding to the case for the European Central Bank to hold interest rates at record highs a bit longer before starting to ease policy towards mid-year. The euro zone's currency has traded within a range of $1.07 to $1.11 since November as investors struggle to work out when the ECB and the Fed will start cutting rates. Sterling rose 0.09% to $1.2636. Bank of England (BoE) chief economist Huw Pill said on Friday he thought the time for a first interest rate cut by the central bank since the coronavirus pandemic remained "some way off." Bitcoin was last up 0.7% at $61,840, after reaching $63,933 on Wednesday, which was the highest since Nov. 2021. (Reporting By Karen Brettell; Additional reporting by Harry Robertson in London; Editing by Alex Richardson)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Christopher Joseph Meade; Senior MD, General Counsel & Chief Legal Officer; BlackRock, Inc.\nLaurence Douglas Fink; Chairman & CEO; BlackRock, Inc.\nMartin S. Small; Senior MD, CFO & Global Head of Corporate Strategy; BlackRock, Inc.\nRobert Steven Kapito; President & Director; BlackRock, Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nMichael Patrick Davitt; Senior Analyst of US Asset Managers; Autonomous Research US LP\nWilliam Raymond Katz; Senior Analyst; TD Cowen, Research Division\nOperator\nGood morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. First Quarter 2024 Earnings Teleconference.Our host for today's call will be the Chairman and Chief Executive Officer, Laurence D. Fink; Chief Financial Officer, Martin S. Small; President, Robert S. Kapito; and General Counsel, Christopher J. Meade. (Operator Instructions). Thank you.Mr. Meade, you may begin your conference.\nChristopher Joseph Meade\nThank you. Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock.Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements.As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today.BlackRock assumes no duty and does not undertake to update any forward-looking statements.So with that, I'll turn it over to Martin.\nMartin S. Small\nThanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024.Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results.BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology spanning client channels and geographies.Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders.First quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year-over-year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter.As equity markets powered to record highs in the first quarter, investors who were waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients towards rerisking into stocks and bonds.Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions.In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March.First quarter revenue of $4.7 billion increased 11% year-over-year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income.Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Envestnet.Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year.We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.First quarter base fees and securities lending revenue of $3.8 billion was up 8% year-over-year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 0.3 basis point lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower-fee U.S. equity markets, client preferences for lower-fee U.S. exposures and lower securities lending revenue.Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives.Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings.Annual contract value or ACV increased 9% year-over-year.Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change.In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth, was previously reported within general and administration expense.We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale.Total expense increased 8% year-over-year, reflecting higher compensation, G&A and sales, asset and account expense.Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees.G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A.Sales, asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense.Direct fund expense was up 7% year-over-year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter.Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles.Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale.In line with our guidance in January and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our head count to be broadly flat in 2024 and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense.Our capital management strategy remains consistent: we invest first, either to scale strategic growth initiatives or drive operational efficiency, and then return excess cash to our shareholders through a combination of dividends and share repurchases. At times, we may make inorganic investments where we see an opportunity to accelerate organic growth and support our strategic initiatives.Last month, we announced our agreement to acquire the remaining equity interest in SpiderRock Advisors, a leading provider of customized option overlay strategies in the U.S. wealth market. This transaction expands on BlackRock's minority investment in SpiderRock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF model portfolios.At present, we expect the transaction to close in the second quarter of this year, subject to customary closing conditions.In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP. Our offering consisted of 3 tranches of senior unsecured notes across 5-, 10- and 30-year maturities. The offering was well received by fixed income investors, especially our inaugural 30-year bond. We currently have invested the proceeds of the offering at substantially the same rate as the cost of borrowing, effectively eliminating incremental cost of carrying additional debt prior to the close of the GIP transaction.We continue to target the third quarter of 2024 for the closing of the GIP transaction, which remains subject to regulatory approvals and other customary closing conditions.We repurchased $375 million worth of common shares in the first quarter. At present, based on our capital spending plans for the year and subject to market conditions, we still anticipate repurchasing at least $375 million of shares per quarter for the balance of the year, consistent with our January guidance.More positive sentiment from clients and in markets persisted into the first quarter. Clients increasingly turn to BlackRock to reposition and redeploy across their portfolios.First quarter long-term net inflows of $76 billion were positive across active and index strategies as well as each of our client and product types.ETF net inflows of $67 billion were led by core equity and fixed income ETFs with net inflows of $37 billion and $18 billion, respectively. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in precision ETFs.As you'll hear from Larry, our [Bitcoin ETC] saw surging demand after launching in January, gathering $14 billion of net inflows in the quarter. This is just the latest example of BlackRock innovating to provide better access and transparency to a wider range of investment exposures.Retail net inflows of $7 billion were led by continued growth in Aperio as well as renewed demand for active fixed income. Financial advisers are increasingly looking to customize whole portfolios at scale, driving growth across our SMA and managed model platforms. Our partnership with Envestnet is one channel powering flows to model portfolios. We saw our best gross sales month ever on the platform, and year-to-date organic asset and revenue growth has more than doubled compared to this time last year.Sales on the platform aren't just accelerating, they're diversifying. We similarly saw record gross flows in custom models and record AUM in our global allocation models, both of which have larger active components.Within SMAs, our previously mentioned acquisition of SpiderRock Advisors will further enhance our product offerings and provide even greater personalization across our wealth segments.Institutional active net inflows of $15 billion were driven by our LifePath target date franchise and outsourcing mandates. We see significant momentum across our whole portfolio capabilities. Our pipeline remains strong as more and more clients turn to BlackRock for outsourcing solutions.Institutional index net outflows of $13 billion were concentrated in low-fee index equities as several large clients rebalanced their portfolios amid significant equity market appreciation in the last 6 months.Our private markets franchise saw $1 billion of net inflows. Continued demand for our liquid offerings was offset by alpha generation for our clients, reflected in over $3 billion of fund monetization and LP distributions or change in fee basis, primarily for more seasoned private equity solutions programs.Finally, BlackRock's cash management platform saw $19 billion of net outflows in the first quarter, in line with institutional money market industry trends. Our cash business can experience seasonal rotations in the first quarter as many institutional clients withdraw these liquid assets for operational purposes, including tax and bonus payments.Cash management flows were impacted by approximately $14 billion of net redemptions during the last week of March ahead of the Good Friday holiday. Outflows were driven by clients redeeming balances to have cash on hand during a time when many businesses are open, but the financial markets are closed. This phenomenon is not uncommon or unique to BlackRock. Balance has largely returned with approximately $20 billion of money market net inflows in the first week of April.BlackRock's differentiated business model has enabled us to continue to grow with our clients, driving industry-leading organic growth and margins. Looking ahead, as markets trend to be more supportive and clients rerisk, we see significant opportunity to expand our market share and consolidate our position to clients. We've set ourselves up to be a structural grower with the diversified platform that we've built.Enthusiasm is growing, momentum's building across the platform. All of us at BlackRock are excited about our future and the growing opportunities for BlackRock, for our clients, for our employees, and of course, for our shareholders.With that, I'll turn it over to Larry.\nLaurence Douglas Fink\nThank you, Martin. Good morning, everyone and thank you for joining the call. BlackRock is partnering with clients to navigate structural and secular changes in business models, technology, monetary and fiscal policies, always staying focused on each and every client goal. Through this connectivity, we are having richer conversations with clients than ever before about their whole portfolio, and in many cases, deepening our relationships with them. This is driving accelerating momentum with a strong pipeline that has some of the best breadth of opportunities across all our client channels and regions that we've ever seen.BlackRock's integrated investment technology advisory platform and durable performance are resonating. In my conversations with clients around the world, I'm hearing about how they want to put their money to work. But they want to do it differently than they did in the past. They want their portfolios to be more holistically blending public and private markets, active in an index. They want their portfolios to be nimble, customized, text-enabled. They want to work with fewer providers or maybe just with one provider.BlackRock is the only asset manager that can partner in this way, having the most diverse, integrated investment and technology platform in the industry. Clients around the world are choosing to do more with BlackRock, and this is resonating in our results.But I'm actually more excited about the building momentum we're seeing across our entire platform. BlackRock's AUM ended the first quarter at a new record of nearly $10.5 trillion, up $1.4 trillion or 15% over the last 12 months. Also at that time, BlackRock has entrusted BlackRock with more than $236 billion of net new assets.BlackRock generated positive net flows across active and index and across all client types. And we grew our technology service revenues and ACV as clients leveraged Aladdin to support investment processes and their entire platform. We've had a number of real large marquee wins in Aladdin and are working on a number of significant new opportunities. Momentum remains strong as we grow with new and existing clients.We continue to deliver sustained asset and technology services growth at scale. BlackRock's operating income was up 17% year-over-year, and we increased our margin by 180 basis points. Earnings per share were up 24%.Activity is notably accelerating. As Martin said, we generated $76 billion of long-term net flows in the first quarter, which represents nearly 40% of last year's long-term flows in just the first 3 months of this year.And long-term net inflows across retail and ETFs and institutional active was actually $100 billion, which excludes the episodic institutional equity activity Martin mentioned.Some of these are public, some aren't. But over the last few months, we've been chosen for a breadth of mandate, both wealth and institutional clients across regions that will fund over future quarters, and we're in active conversations on a number of unique broad-based opportunities, including several large mandates for Aladdin.There is still a record amount of cash on the sidelines and money market fund balances are now approaching $9 trillion. I think this stems from fear and uncertainty, but it's hard to achieve retirement or long-dated objectives by holding cash. Clients worldwide are coming to BlackRock for advice on where and how to deploy their capital, and in many ways, how to help them reduce that fear and putting that money to work.Being a growth company requires continued innovation, lots of investments and intense client focus. BlackRock has invested ahead of these themes we believe will define the next decade of asset management. I see the greatest opportunities I've ever seen for BlackRock, for our clients and for our shareholders and I'm very optimistic about the momentum into the rest of 2024 and beyond.The uncertain backdrop does not mean a lack of opportunities. Instead, we see great opportunities for investors across a number of structural trends with near-term catalysts. These include rapid advancements in technology and AI, the rewiring of globalization, accelerated economic growth in certain emerging markets and an unprecedented need for new infrastructure. BlackRock is connecting with clients to these opportunities and providing them the confidence to continually investing in the long run.In a world where clients are looking for more certainty, the higher-coupon, longer-duration returns of infrastructure private markets are increasingly becoming more attractive. Demand for all forms of infrastructure is surging around the world from telecom networks to power generation, to transport hubs for data centers and new ways of securing energy. Over the last 12 months, BlackRock's infrastructure platform has delivered 19% organic asset growth. BlackRock's infrastructure franchise and our private markets business more broadly benefited from the firm's global footprint, our deep network of clients and distribution relationships and access to high-quality deal flow.As we spoke in January, we believe the planned combination of BlackRock's infrastructure platform with GIP will provide clients with access to market-leading investments and operating expertise across infrastructure private markets. We have a deep conviction that this planned combination will be another transformational moment for BlackRock. It will be another example in our long-term history of staying ahead of client needs, positioning ourselves against accelerated macro trends.I believe infrastructure private markets are approaching the upward trajectory of their J-curve just as ETF did when we announced our acquisition of BGI and iShares nearly 15 years ago.We always viewed ETF as a technology that facilitated investing. Since our acquisition of iShares, BlackRock has led in expanding the market of ETFs by making them more accessible; by delivering new asset classes like bonds, investment strategies like actives. As a result of that success, the ETFs evolved beyond what started as an indexing concept. It is recognized as an efficient structure for a range of all investment solutions.First quarter ETF net inflows of $67 billion reflected sustained client demand across our client categories, led by core equity and [bought] ETFs. ETF flows demonstrated accelerating activity with March accounting for more than half of the quarterly net inflows. And our flows in the month were 80% higher than the next largest issuer.We continue to innovate across our ETF platform to give our clients better access to the most diverse range of exposures in the industry. Our Bitcoin fund, which was launched in January, was the fastest growing ETF in history and already has nearly $20 billion in AUM. Our active ETF drove $9 billion of net inflows in the first quarter led by our equity factor rotation and flexible income ETFs. These products offer alpha generation with some of our leading investors at BlackRock in a more efficient, more transparent ETF wrapper.Across BlackRock, we continue to scale our product offerings to democratize access to new strategies, increase transparency and drive cost efficiency. To that end, last month, we announced the launch of our first tokenized fund as well as our minority investment in Securitize, a blockchain-based tokenization platform. This builds on our existing digital asset strategy. And we'll continue to innovate in new products and wrappers, all with the aim of providing greater access and customization to each and every of our clients.We continue to see demand for customization with our own wealth business as financial advisers and their clients they serve increasingly turn to SMAs to personalize their portfolios. We acquired Aperio 3 years ago in anticipation of this trend, and organic growth in that business has been over 20% since our acquisition.To further booster our SMA capabilities, we announced our planned acquisition of the remaining equity interest in SpiderRock, as Martin discussed.Among wealth clients, we are also seeking the renewed demand for our high-performing active fixed income strategies with particularly strength in high-yield and unconstrained bond funds.In the post-QE market, we see more opportunity ahead for active management with greater potential for selective risk-taking to generate superior returns. Quarterly active net inflows of $15 billion reflect strength in systematic equity and fundamental fixed income, including the funding of several institutional outsourcing mandates. Across our active franchise, BlackRock has delivered durable investment performance with 82%, 90% and 93% of our fundamental equity, systematic equity and taxable fixed income AUM above benchmarks or peer median for the last 5 years.Our active investment insights, our strong investment performance, our integrated Aladdin technology differentiates BlackRock and ultimately drives better outcomes for our clients.We first built Aladdin as a risk management enabler, empowering investors to better understand their portfolios through technology. Today, Aladdin is much more than that. Our clients are leveraging Aladdin as a whole enterprise operating system, connecting multiple asset classes, data, technology partners on a single platform. Aladdin's integrated offering continues to resonate with the majority of our sales this quarter spanning multiple Aladdin products.We are in the late-stage conversation with several large potential Aladdin clients, and we look forward to executing on more opportunities ahead to be bringing the benefits of Aladdin to new clients and by expanding relationships with our existing clients.From the early days of developing Aladdin to now managing nearly $10.5 trillion across our platform, our ambition has always been to help investors benefit from the growth of the capital markets and achieve financial futures that they seek. More than half of the assets we manage are related to retirement, making this an outcome central to many of our client conversations.BlackRock has been at the forefront of innovation and advocacy for retirement solutions for years. In fact, we pioneered the first target date fund called LifePath back in 1993. When we introduced the concept, it was revolutionary, eliminating some of the guesswork for retirement savings by automatically adjusting their investment mix over their time frame.Fast-forward 30 years, target date funds have become the most common default investment option in defined contribution plans in the United States where we're entrusted to manage the retirement assets of 35 million Americans.We continue to evolve LifePath to help deliver the retirement outcome participants need. That has meant introducing LifePath options in new countries and in new wrappers such as LifePath Target Date ETFs we launched last year. Our LifePath Target Date franchise now has nearly $470 billion in assets and has risen over $115 billion in assets just over the last 5 years.In addition to helping people save for retirement, we also work to expand the LifePath solution to help people spend throughout their increasingly longer retirement. Society focuses a tremendous amount on helping people live longer and healthier lives, but spend just a fraction of that time and effort on helping them afford those extra wonderful years.The shift from pension to defined contribution models have put the large ask, the large burden on individual savers. They have to first build up their retirement nest egg, which in and of itself is a formidable challenge. Then even as they have this sizable savings at retirement, there's not much guidance about how to spend or not -- and how not to overspend these savings.We've been working for years to address this de-accumulation challenge, and we believe this will help increase hope in America. In 2020, we announced the LifePath Paycheck, the next generation of target date solutions. It will include an option to purchase a lifetime income stream from insurers selected by BlackRock and is expected to go live towards the end of the month. We are partnering on implementing LifePath Paycheck right now with 14 planned sponsors, representing over $25 billion in target date AUM and now have 0.5 million participants.We will pair the flexibility of a 401(k) investment with a potential for a predictable paycheck life income stream similar to a pension. I believe it will be in one day the most used investment strategy in defined contribution plans.This pioneering structure can help address global gaps in funding retirement security, improve the quality of life and retirement for millions of Americans and bring back hope for those who were retiring.It's been 4 years since the start of the pandemic and the subsequent geopolitical upheavals. Leaders of countries, leaders of companies need to create hope for the future for all of their stakeholders. That's certainly what we're doing at BlackRock.I've spoken before about the fear we see today, some is stoked by increasingly political polarization in the world. Our industry and BlackRock have been a subject of political dialogue, mostly in the United States. We recognize some of this with being the industry leader. We have done a better job now of telling our story so that people can make decisions based on facts, not on lies and not on misinformation or politicization by others.Unfortunately, there are still others out there who put short-term politics, who continuously lie about these issues. They are putting those issues above the long-term fiduciary responsibilities.As a fiduciary, politics should never outweigh performance. I do believe that with the vast majority of our clients, our long-term fiduciary approach and performance are resonating. We heard it in our dialogue with them and we see it in our flows, and I know all of you as shareholders see it in our flows.Over the last past 5 years, clients have entrusted BlackRock with an aggregate of $1.9 trillion of total net inflows, $1 trillion over the last 3 years and nearly $300 billion last year. It has been in the United States where client led inflows in every one of these periods. It is true also in the first quarter of this year. This is -- and all is in the environment where the industry has experienced flat or negative flows, BlackRock saw inflows.Our sustained growth, our accelerating momentum are made possible by the trust of our clients and shareholders and the dedication of all the BlackRock people. Across our firm, we're delivering BlackRock to meet all our clients' individual needs. We're helping each and every client unlock their new opportunities. And the power of BlackRock's integrated platform has enabled us to drive better outcomes for each and every client and providing them a differentiated growth for them, which then entails providing differentiating growth for you, our shareholders.I believe at this time, our momentum has never been stronger. The opportunity we have in front of us has never been stronger. And I look forward at BlackRock to be delivering on a significant broad base of opportunities across the world, across our platform, across all of our products and delivering the responsible fiduciary responsibilities that we provide to each and every client.Operator, let's open it up for questions.\nOperator\n(Operator Instructions) We'll go first to Craig Siegenthaler with Bank of America.\nCraig William Siegenthaler\nSo my question is on your commentary around building momentum and line of sight into significant fundings. So if we exclude fee rate issues like divergent beta, when do you BlackRock can get back to 5% base fee organic growth?And with the law of large numbers a factor, what is your confidence that this objective is still achievable at your current $10 trillion AUM size?\nLaurence Douglas Fink\nMartin?\nMartin S. Small\nThanks, Craig. It's Martin. Listen, I'd start by like Q1 net flows were solid at $76 billion. And on a more granular look, we just see durable growth in that flows mix. We had about $100 billion across ETFs, retail, institutional active, institutional fixed income. Of course, we saw some of these $19 billion redemptions from cash with the Good Friday quarter-end dynamic and the $26 billion rebalanced away in institutional index equities.You know those institutional index equities happen from time to time. They're not meaningful revenue impacts or fee rate detractors, but they weigh on kind of the long-term flow totals.When we look at this core momentum on flows, excluding the episodic index redemptions, Q1 flows were $100 billion. It's a healthy trajectory. It's an affirmation for us that we're focused on the right things to grow with clients.And on base fees, the management team here, we really feel like we've turned a corner. Over the last 2 quarters, we see really solid trends in organic fee growth. They're really some of the best since the end of 2021. We saw excellent momentum to finish the fourth quarter, which we talked about on the last call. We closed out November and December higher than target. And this quarter, March new base fees annualized at target after we had a slower start.So over the last 6 months, we see organic base fee growth ticking up and trending more halfway or halfway plus to our long-term targets. It's not a straight line, but we're moving to target.And I say this because we see key positive trends in these sort of critical base fee growers for us. Retail posted $7 billion of flows in that 40 to 50 basis point bucket. Money is going back to work, redemption rates are moderating. We see really excellent momentum in active overall with $15 billion of flows and good velocity in institutional and retail active fixed income, in particular, at $9 billion.And I think what Larry is getting at, we've been selected for a breadth of mandates across investment management and technology that we see supporting 5% organic growth and will fund over future quarters. Our planned acquisition of GIP will help us build and bump from there. So we look forward to closing that transaction, executing on these mandates and keeping you guys posted on our progress.\nLaurence Douglas Fink\nI would just add, the breadth of conversations we're having with clients worldwide. Rob Kapito right now is in Asia, the type of conversations we had there. The opportunities we see in Europe, in the U.K., Middle East. These are just very large opportunities, large mandates, big opportunities.And if you then overlay the opportunities and you overlay what infrastructure can do related to the build-out of power with all the AI promise and the need for data centers and the need for power is going to be extraordinary. And all of this is going to lead to much bigger opportunities. And then more importantly, more and more clients are going to be seeking those organizations who deliver the proprietary differentiated products.\nOperator\nWe'll go next to Michael Cyprys with Morgan Stanley.\nMichael J. Cyprys\nJust wanted to ask about balancing investment spend with margin expansion. In the past, we've heard BlackRock talk about being margin-aware. So just curious how the thinking on that has evolved. What does that mean in today's environment?And how might you quantify the opportunity for margin expansion over time? How do you see some of the levers to achieve that?\nMartin S. Small\nThanks, Mike. Our approach to shareholder value creation is obviously to generate differentiated organic growth, it's to drive operating leverage in a premium margin and it's to execute on a consistent capital management strategy. We have a strong track record of investing in our business for growth and scale and expanding profitability. And I want to emphasize, it's not just about growth. It's about profitable growth over the long term. And that growth comes from making continued investments in our business.And I've talked a lot about on the last several calls and obviously some of the other meetings we've had, we're looking to size our operating investments in line with the prudent lens on organic growth potential. We're aiming to put more flexibility in our cost base and variabilize expenses where we can. And most importantly, we're looking to generate fixed cost scale, especially through investments in technology. We're consistently delivering industry-leading margins, which is a goal. And we've expanded our margin in 6 out of the last 10 years.And I think those scale indicators are coming through in our results. We're delivering profitable growth. We generated 180 bps of margin expansion year-on-year while revenue op income and EPS all rose double digits. And we delivered 60 basis points of sequential improvement. Over the last 18 months, AUM's up $2.5 trillion while head count is actually flat or slightly lower.So I feel like we're delivering benefits of scale and productivity, which is showing in margin expansion. As I mentioned, we're planning for full year low to mid-single digit core G&A growth, flat head count, both excluding the GIP transaction.So you've heard on our last few calls and I hope today and some of Larry's color, we're looking to drive more fixed cost scale. That comes from technology. It comes from automation. It can come from AI. It comes from organizational design, global footprinting using some of our innovation hubs around the world. We see those as our major levers to drive margin expansion. And in the end, we're just looking to optimize organic growth in the most efficient way possible, deliver growth for clients and shareholders and ultimately expand our margin over time.\nLaurence Douglas Fink\nMichael, I would just add, as we continue to be investing in AI, our most recent experience of having $2.5 trillion more assets with the same head count is a real good indication of how we are trying to drive more efficiencies, more productivity. I think this is critical. We're going to bring down inflation in America. This is how it's going to have to be done, driven through technology and -- which will increase more productivity.And overall and actually through that process, we continue to drive more productivity. What it also means is rising wages. So people do more and the whole organization is doing more with less people as a percent of the overall organization. That is really our ambition.\nOperator\nYour next question comes from Ken Worthington with JPMorgan.\nKenneth Brooks Worthington\nFixed income flows have picked up for U.S. -- the U.S. mutual fund industry so far this year, but the same data services that track the industry don't show a proportionate pickup for BlackRock. Your fixed income ETF sales were solid at $18 billion, but below levels seen last year.Can you talk about the competitive landscape for fixed income retail and fixed income ETFs, both inside and outside the U.S.? And to what extent do you think investor appetite may have changed in 2024?\nRobert Steven Kapito\nSo Rob here. The conversations that we're having across all of the distribution systems are about a new allocation into fixed income. It's been very much clouded by all the noise around inflation and the Fed. So the yield curve remains inverted and investors are currently getting paid to wait. And a more balanced term structure of interest rates is going to be the indicator to watch, and that's where we'll start to see demand for intermediate and longer-term fixed income.So the first quarter for us flows of $42 billion, which I think is considerable, we saw the strength in the bond ETFs from immunization activity in institutional and about 25% of the flows were into active strategies. So we're seeing renewed demand for active fixed income and that's led to flows into the high yield, the unconstrained and the total return strategies and the fact that our longer-term performance has about 93% of our taxable active fixed income AUM above the benchmark or peer median in the last 5 years are really set up to capture this.But I do think the noise that's out there focused on inflation and the fact that you can still earn 5%, which is very attractive right now is causing the delay in more allocations to fixed income.The other part of why I'm more encouraged is we are finding a growing interest in high-performing active fixed income strategies alongside private market strategies. So I think that we stand to bode very well once you see some changes in the yield curve.\nLaurence Douglas Fink\nLet me just add, operator, to Ken's question. Ken, I do believe as an industry, the large pension funds that have an overallocation of private equity and the rotation of money in the private equity area has slowed down precipitously. We are also seeing evidence that more and more clients are keeping a higher balance of cash to meet their liability discharges. And so without the momentum and the velocity of money in private equity, they actually have to keep higher cash balances, too. So I think that is something to be watched, too.If there was an unlock in the movement of private equity, I do believe you would see a factor allocation for the industry in fixed income and other income-producing products.\nOperator\nWe'll go next to Alex Blostein with Goldman Sachs.\nAlexander Blostein\nMy question is related to private markets and GIP. Larry, you referred to it again this morning as a transformational deal for BlackRock, maybe similar to some of the other large ones you've done. Does this give you enough in terms of what you're trying to accomplish in the private markets broadly? Or do you expect to pursue more acquisitions that are related in this area?And I guess somewhat related to that, growth in private markets, retail products has been quite significant and still early days. Maybe just remind us on how BlackRock is pursuing that opportunity.\nMartin S. Small\nIt's Martin. I'll offer a few thoughts and then Larry will jump in. Let's say, look, all of our clients continue to increase their allocations to private markets. That's what drove our acquisition of eFront. It's what drove our planned acquisition of GIP. And it's also a great focus of the organic investments we've made to build in illiquid alternatives business of size.There are sort of illiquid alternatives business. We've reached $167 billion of assets, roughly $140 billion fee paying. We had a good quarter there. Infrastructure and private credit deployment added $1 billion of inflows offset by a return of capital that I talked about. We're getting close on our final closes for our BlackRock Infrastructure IV fund for decarbonization partners, which has been a great first time funded vintage. We've got $30 billion of committed, but uninvested capital. So there's good dry powder in the system.As Larry mentioned, we're originating really strong unique transactions there. So we think our capabilities are expanding in a way that's going to plan. Just yesterday, we announced an infrastructure debt deal with Santander where we're going to be financing about $600 million of infrastructure loans in a structured transaction.And we just see good fundraising momentum, which we think we can kick into next year with GIP. Since 2021, we've had $140 billion of gross capital across the platform, continue to see good momentum with clients.And to the topic you mentioned, we've been building out our semi-liquid products for retail with credit strategies. Our credit strategy is interval funds and our nontraded credit BDC BDEBT have a combined $1 billion-plus of AUM. We received a really important placement for BDEBT at a national wirehouse. So we think that will be a strong seller in for organic growth.And then finally, that planned acquisition with GIP is going to really extend our capabilities. We think the business can be a much stronger platform for capital formation of scale and build on this philosophy we have in illiquid alternatives.We also think there's a great opportunity to bring GIP's capabilities to private wealth globally, retail retirement platforms in the U.K. and Europe with the LTIP and LTAF structures. And obviously, we'll keep you updated on our progress.\nLaurence Douglas Fink\nI would just add that the feedback we're having from clients, including a dinner I had with a major energy company last night, the opportunity we have for driving more unique proprietary origination is going to be driving accelerated growth for us in the private markets, especially in infrastructure. I do believe the combinations of our 2 organization is going to open up so many more avenues. Avenues with companies, but also avenues with countries.And that being said, look, we're always in the market and looking for different opportunities and we're not slowing down looking at different opportunities. We're not here to suggest we're doing anything that is forthcoming because the #1 through 5 thing to do is to close GIP. But the doors are knocking at BlackRock to see if there's other opportunities we want to pursue. And if it makes sense one day, we will continue to be open minded to pursue more private market opportunities.\nOperator\nWe'll go next to Dan Fannon with Jefferies.\nDaniel Thomas Fannon\nMartin, for your comments on improving trends throughout the quarter for flows, can you put in a context what that means for maybe exit fee rate?And also on this pipeline of activity that's building, can you talk about the mix of fees and products more specifically and how that might inform your base fee outlook going forward?\nMartin S. Small\nYes. So thanks, Dan. As I mentioned, we see good base fee momentum. At the end of Q4, we were running at hotter than target. At the end of this quarter, we're at target. And as I mentioned, when we look at the trends over months, not days, we feel like we're half or halfway plus to our target growth. So we've got good base fee momentum.First quarter base fees, excluding securities lending, were $3.6 billion, which is up 9% year-on-year, which is largely due to the impact of market movements on AUM and organic growth. And the Q2 entry fee rate ex fee lending is pretty much flat compared to the Q1 fee rate on a day count equivalent basis.But overall, I think as we see good flows into active with the $15 billion we've had, as I mentioned, retail flows of $7 billion coming in, we see good fee rate trends, which we think are about -- mostly about mix.We focus really on driving organic base fee growth in the most efficient way possible, focusing on the clients, focusing on the investments they want to make. We don't focus on a specific fee rate or product. We focus on the clients and the fee rate is more of an output. But the trends in terms of where we're raising assets on the fee rates we think are good. But as I mentioned, Q2 fee rate -- Q2 entry fee rate ex fee lending is flat compared to the Q1 fee rate on the same day count.\nOperator\nWe'll go next to Bill Katz with TD Cowen.\nWilliam Raymond Katz\nAppreciate the update. Maybe a different vein, your performance fees continue to run pretty high. And just sort of wondering, are we reaching a new level of normalized performance fees? And how might that translate into sort of the comp ratio as we look ahead, particularly as you continue to migrate to a bigger pool of private markets post-GIP?\nMartin S. Small\nThanks, Bill, for the question. We appreciate it. So on the performance fees of $204 million in the quarter, obviously, they're up about 4x year-on-year. If you could put yourself in a time machine and think back to that first quarter in '23, it was a really difficult market. We had SVB. We had some vol in the rate markets, et cetera. So I think it was a tough time.This quarter, we've really seen good performance coming through on our teams, which has been very, very strong and I think reflected in those performance fees.Rough [justice], about half of that performance fee is coming from kind of our private equity funds and private equity programs where we had some very successful realizations that Larry talked about last year, which was creating some of the distributions associated with that. And the other half is more in liquid hedge funds, in our strategic equity hedge funds and some of our systematic strategies as well.Ultimately, our goal is to deliver long-term performance with clients. And where we see performance fee revenues picking up, obviously, there's healthy alignment there. And more supportive markets and stronger markets and strong performance, we'd expect a lot of that leverage to drop to a lower comp-to-revenue ratio. But ultimately, talent is one of our key investments and we'd expect it to be on a go-forward basis.\nOperator\nWe'll go next to Brian Bedell with Deutsche Bank.\nBrian Bertram Bedell\nMaybe just to focus on the multi-asset category and a couple of areas within that. I think, Martin, you were talking about obviously the build of the organic growth pipeline, and also in conjunction with, Larry, with your comments about the conversation pipeline. Can you talk about 2 areas, in particular, as that developed throughout the year, that would be OCIO deals and then also as we start up LifePath Paycheck, how you anticipate that contributing to organic growth, I guess, as the year unfolds. Obviously very early, but even over the next couple of years.\nMartin S. Small\nSure. Thanks so much for the question. Appreciate it. I guess maybe I can start with a little color on the multi-asset flows and then Larry can comment on LifePath Paycheck.So multi-asset strategy saw inflows in the quarter of about $5 billion after we had a really strong 2023 with $83 billion. Those strong inflows were driven by the continued demand for our LifePath Target Date offerings. And obviously, we see significant growth ahead in that core business, but also in the upcoming launch of LifePath Paycheck.Our LifePath Target Date franchise has about $470 billion in assets, generated $9 billion of flows in the first Last 60 Days of Bitcoin's Closing Prices: [49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-13 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,328,293,889,688 - Hash Rate: 704281363.3620051 - Transaction Count: 507173.0 - Unique Addresses: 683432.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows. • Wednesday's decline was attributed to profit-taking from last week's rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend. • Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell's dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins. The inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows . BTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana's SOL, Cardano's ADA and BNB Chain's BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher. Tokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump. On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week's rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing. Sentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell's FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures. Singapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative. "Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast. Dogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1. Some tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF). Coinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate. "Dogecoin's enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["February ended with stocks hitting new highs and not many signs of trouble.\nYes, oil and gasoline prices were higher. Yes, there were some hints of rising inflation.\nBut those issues seemed to be blips. The Federal Reserve was going to cut interest rates sometime this year as inflation neared 2% a year.\nRelated: Fed members' updated interest rate outlooks rock markets\nWall Street all but guaranteed multiple ate cuts. Without, dare we say it, paying enough attention to the warning signs.\nStocks slumped in an ugly way on Friday. The Standard & Poor's 500 Index, whose components represent roughly 75% of the market value of U.S. stocks, dropped nearly 1.6% for the week, its second weekly loss in a row.\nThe Dow Jones industrials fell 2.4% in its second straight weekly loss.\nThe Nasdaq 100 Index, heavily weighted to favor the biggest tech stocks, fell 0.52% and fell for a third straight week.\nAnd the Russell 2000 Index, which has large concentrations of regional banks and companies struggling to be profitable, fell 3.2%.\nIn theory, markets might continue to slide, perhaps for a month or so, until rates do move lower (or the Fed acts) and stock prices of strong companies hit levels that make them irresistible.\nThese were increasing warning signs that markets would be pressured, at the very least, before the end of the week.\nOil prices.West Texas Intermediate, the benchmark U.S., was rising more quickly than many expected. Brent crude, the global benchmark, finished at $90.45, up 33% since the end of 2023. Many economists suggest Brent will breach $100 a barrel in the not-too-distant future.\nInterest rates.The 10-year Treasury yield closed at 4.532% on Friday, up 16.8% from its 2023 close of 3.881%. Mortgage rates are at about 7.3%, about where they were in late November, according toMortgage News Daily.\nTech stocks stopped soaring.Nvidia(NVDA)may be up 78% for the year and 121% since the October market bottom. But the shares are down 9.5% since peaking on March 8. The Nasdaq 100 Index last set a 52-week high on March 21.\nTax selling.Some investors may have been selling to settle up with the Internal Revenue Service.\nIt may be fair to say that investors' enthusiasm had gotten way ahead of itself.\nThat was especially true of Wall Street banks and money managers. Many had begun 2024 believing the Fed would cut rates perhaps as much as seven times this year because the economy would slump without rate cuts.\nThat meant stocks and proxies like cryptocurrencies would surge without end. Bitcoin was at about $68,800 on Saturday afternoon, up 50% on the year. But it has fallen more than 13% from peaks reached in mid-March.\nMore on the economy and inflation\n• Watch out for 8% mortgage rates\n• Ex-Treasury official unveils startling interest rate outlook\n• Weekly Roundup: Market Sobers Up on Inflation\nSo far, the Fed has left its base rate, the federal funds rate, at 5.25% to 5.5% since July 2023. Multiple Fed officials wanted more progress in the fight against inflation.\nDomestic inflation had hit 9% in summer 2022 and came down as interest rates moved from near 0% in late 2021 to current levels.\nThe federal funds rate is the rate banks are supposed to charge each other for loans to meet regulatory requirements. All U.S. interest rates start from that point.\nSpencer Platt/Getty Images\nSo, it's possible markets will be volatile next week regardless of what the earnings reports say. JP Morgan Chase's results on April 12 were actually quite strong.\nIt was the banking giant's cloudy outlook that pushed the Dow component down 6.5%, setting off the big market slump.\nIt was also fear rate cuts might not happen, plus worries about violence in the Middle East,that pushed the major averages sharply lower on April 10.\nIt is possible more declines are ahead, but they may be short-lived because 2024 is not 2008.\nDownturns of 10% have occurred at least 10 times since 2012,according to Charles Schwab data.\nThe S&P 500 fell 15% in December 2018 because of former President Donald Trump's threats to start a trade war with China.\xa0The market had recovered by the end of February.\nWhen the turn comes this time, it will surprise everyone except the smart people who were looking for it.\nYou can see the bottom forming in October 2023 in Nvidia's price action.\nThe shares had been flirting with $500 through the summer, then started to sag.\nOn\xa0Oct. 26, the shares dropped to as low as $398.80, then bounced back to $403.21.\nConfirmation of the bottom came on Oct. 31, when Nvidia hit $392.30, then recovered back to $407.74.\nFrom there it surged to $974 on March 8 and fell back to $875.28. It's been going sideways ever since.\nSo, stocks and markets are pulling back but maybe not dangerously.\nA new stress for markets erupted, however, over the weekend when Iran launched a barrage of drones and missiles at Israel in apparent retaliation after an Israeli attack on what Iran said was a consular building within its embassy compound in Damascus.\nBut evidence on Sunday suggested the missiles caused little damage. Futures trading Sunday suggested stocks would open higher at Monday's open. Oil prices were flat-to-lower.\nRelated: This is how crazy Buffalo got during the eclipse\nEarly reports said the missiles, seen over Israel and Jordan were being intercepted. How the attacks affect markets will depend on how much damage and loss of life results.\nIn the meantime, the week ahead will feature some important economic reports, including:\n• Housing starts and building permits on Tuesday morning. Both will likely show housing activity is sliding back because of high mortgage rates.\n• Jobless claims, due Thursday morning, a weekly survey of how many people are filing for unemployment compensation.\n• Existing-home sales from the National Association of Realtors, due Thursday. The estimate is that sales in March ran at an annualized rate of 4.2 million homes and condos, down from 4.38 million units in February.\nThe first-quarter earnings season began Friday in earnest when some of the biggest banks reported results. The results were mostly good. The commentary, especially from banking giant JP Morgan Chase(JPM), was less optimistic and helped set off Friday's slump.\nThe earnings reports will continue over the next months. This week includes reports from:\nMonday:Investment banking giant Goldman Sachs(GS), Charles Schwab(SCHW), and M&T Bank(MTB). The trio are expected to report results smaller than in the 2023 first quarter.\nTuesday:Health-insurance giant UnitedHealth Group(UNH), Johnson & Johnson(JNJ), Bank of America(BAC), Mastercard(MA)and United Airlines(UAL). Investors may see better year-over-year results for UnitedHealth and flat or slightly lower results for the others.\nWednesday:Chip-equipment maker ASML Holding(ASML); Abbott Labs(ABT); warehousing developer Prologis(PLD)and railroad giant(CSX). Earnings are expected to be flat.\nThursday:Taiwan Semiconductor(TSM), Netflix(NFLX), money manager Blackstone(BX,)and homebuilder D.R. Horton(DHI). Netflix and D.R. Horton are seen showing the best results. D.R. Horton is one of the biggest homebuilders, with the financial might to make home sales happen even in the current rate environment.\nFriday:Consumer products giant Procter & Gamble(PG)and credit-card company American Express(AXP).\nRelated: Veteran fund manager picks favorite stocks for 2024", "It's safe to say that the cryptocurrency market is back in the good graces of investors. After crypto asset prices tanked in 2022, they have been on a monster upswing in the past 15 months. There might be no better beneficiary of this positive momentum thanSolana(CRYPTO: SOL).\nThiscryptocurrencyhas skyrocketed 800% just in the past 12 months. A $1,000 investment would be worth $9,000 today. Good luck finding a better-performing asset.\nBefore you rush to buy Solana, make sure you take the time to understand these three facts about it.\nLikeEthereum, Solana operates aproof-of-stakeconsensus mechanism. This means that token owners are the ones who help approve transactions and validate the blockchain. Solana also has functionality forsmart contracts.\nBut this innovative cryptocurrency has a unique feature known as proof-of-history. This system changes how time is recorded on the blockchain, reducing the need to carry extra data and resulting in faster throughput. It helps explain why Solana can theoretically process 50,000 transactions per second (TPS). That's astronomically higher than Ethereum's 14 TPS orBitcoin's 5 TPS.\nSolana's differentiated infrastructure, with its particular focus on speed and low costs, has helped introduce a valuable use case. Launched in Feb. 2022, Solana Pay could be this network's killer app. It allows consumers and merchants to connect directly via the blockchain, handling transactions in the native token, SOL, or astablecoin. There's instant settlement and virtually no fees.\nFor retailers, payment processing is a huge expense item that can eat away at their already-slim margins. Solana Pay can help these merchants keep more of their revenue as profit.\nNot only that but because a blockchain is used, new features can be introduced. Merchants can attach anon-fungible token(NFT) with each purchase that acts as a receipt. This NFT could also offer up future discounts or access to special events held by that merchant. The ability to engage with customers is what's exciting here.\nSolana is also dabbling in the mobile space. It launched a web3-enabled smartphone, called the Saga, in the summer of 2022. The hope is that this product can onboard more users to crypto by making it seamless to interact with various decentralized applications. A cheaper second version of the smartphone has also been introduced.\nI think it's encouraging to see a popular cryptocurrency like this try to bring greater utility, with the intention of transitioning Solana away from a tool that's used mainly for financial speculation to one people can turn to in their day-to-day lives. Time will tell if these initiatives actually catch on.\nInvestors who are considering owning cryptocurrencies need to be fully aware of the boom-and-bust nature of this industry. Narratives seem to drive price movements, especially in the short term. The result is that things will remain volatile for the foreseeable future.\nAt its current market cap of $77 billion, Solana carries a valuation in the neighborhood of businesses likeFerrari,MercadoLibre, andPayPal. I'm not sure if this is justified, but it probably bakes in a lot of optimism about Solana's future. If there's one sure thing, though, it's that there's still a ton of uncertainty over the long term.\nYou now have more information about this booming cryptocurrency. But before buying, you should ask yourself if you believe in Solana's prospects over the next decade and beyond. If you do, then it might make sense to start a tiny position in this digital asset right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, MercadoLibre, PayPal, and Solana. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\n3 Must-Know Facts About Solana, Before You Buy the Cryptocurrencywas originally published by The Motley Fool", 'Over the past 15 months,Bitcoin(CRYPTO: BTC)has absolutely been on fire. It is up over 320% and is currently trading near its all-time high of $73,750. Right now, Bitcoin has a market cap of more than $1 trillion. So, what if I told you that Bitcoin was just getting started and that it could gain another $1 trillion in market cap by the end of 2025?\nYes, you would have plenty of reasons to roll your eyes or laugh politely. But there is an upcoming event -- the much-anticipated Bitcoin halving -- that many Wall Street analysts think could help Bitcoin double in value and gain another $1 trillion in market cap within the next 12 months. Are they right?\nThe first thing you need to know is that the Bitcoin halving will come and go on or about April 19, and you probably won\'t even know it happened. You won\'t see millions of people gathering in specific locales to cheer on the event, as we recently saw with the total solar eclipse. And you won\'t seeSatoshi Nakamoto-- the pseudonymous creator of Bitcoin -- making the rounds on late-night TV. At best, you\'ll see mentions of #Bitcoin blowing up in your social media feeds.\nThat\'s because everything happens algorithmically and not in the real world. Approximately every four years, the Bitcoin algorithm readjusts such that the mining rewards forBitcoin minersare slashed by one-half. Currently, they receive 6.25 BTC for every block they add to the Bitcoin blockchain; on or about April 19, they will receive 3.125 BTC.\nAnother way of thinking about this, however, is that the rate of new Bitcoin creation is being cut in half. And this has enormous economic consequences. It enhances the scarcity of Bitcoin, making it much more attractive as a long-term investment. According to the algorithm, the total lifetime supply of Bitcoin is capped at 21 million coins. The current circulating supply is already 19.7 million coins, so 94% of all Bitcoin that will ever exist has already been created!\nThis is why many analysts suggest that there could be a very real "supply squeeze" or "supply shock" as everyone races to get their hands on available Bitcoin. There are already reports that the supply of Bitcoin on cryptocurrency exchanges is starting to dry up, and so this "supply squeeze" could get very intense in the immediate aftermath of the halving. When you factor in all the new demand coming from the spot Bitcoin ETFs, it\'s easy to see how the price of Bitcoin could soar higher.\nIf you look at previous Bitcoin halving cycles, it\'s easy to conclude that the scarcity effect is very real. There have been three previous Bitcoin halving cycles -- in 2012, 2016, and 2020 -- and each one has led to monster price gains for Bitcoin, as well as a brand-new all-time high.\nTake the 2012 halving, for example. The price of Bitcoin skyrocketed from $12 to $1,161 for a gain of 9,575%. After the 2016 halving, the price of Bitcoin soared from $600 to $20,000, for a gain of 3,233%. And, after the 2020 halving, the price of Bitcoin soared from $9,000 to $69,000, resulting in a gain of 667%.\nSo we\'re not just talking about a nice 10% bump here. We\'re talking about major parabolic moves that are simply unprecedented in the history of financial assets. No surprise, then, that hedge fund managers and crypto analysts are steadily ratcheting up their price estimates for Bitcoin in the 2024 post-halving cycle. The current consensus seems to be $150,000 by the end of 2025, which would imply a more than doubling in the price of Bitcoin, as well as more than $1 trillion in new market cap.\nSo far, so good, right? The basic economic logic of the halving makes sense, and we have plenty of previous price data to back up conclusions. But not so fast. Keep in mind that it took Bitcoin almost an entire decade to gain $1 trillion in market cap. And now we\'re saying that Bitcoin is going to duplicate an entire decade\'s worth of work in just 12 months?\nMoreover, take a closer look at the gains after every halving cycle. They are decreasing over time. So the gains from this fourth halving cycle might not be nearly as impressive. If you only look at post-halving gains using a six-month time frame, asCoinbase Globalrecently did, the numbers are even less impressive. In the 2020 halving cycle, Bitcoin was only up 82% after the first six months.\nAnd finally, keep in mind that as Bitcoin goes mainstream, it also becomes more likely that it will start to behave more and more like a mainstream financial asset. It may start to lose some of its volatility and, thus, lose some of its completely unprecedented upside potential. So, keep your expectations in check this time around. It may take longer than people think for Bitcoin to become a $2 trillion asset.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCould Bitcoin Really Gain Another $1 Trillion in Value After the Halving?was originally published by The Motley Fool', 'Over the past 15 months,Bitcoin(CRYPTO: BTC)has absolutely been on fire. It is up over 320% and is currently trading near its all-time high of $73,750. Right now, Bitcoin has a market cap of more than $1 trillion. So, what if I told you that Bitcoin was just getting started and that it could gain another $1 trillion in market cap by the end of 2025?\nYes, you would have plenty of reasons to roll your eyes or laugh politely. But there is an upcoming event -- the much-anticipated Bitcoin halving -- that many Wall Street analysts think could help Bitcoin double in value and gain another $1 trillion in market cap within the next 12 months. Are they right?\nThe first thing you need to know is that the Bitcoin halving will come and go on or about April 19, and you probably won\'t even know it happened. You won\'t see millions of people gathering in specific locales to cheer on the event, as we recently saw with the total solar eclipse. And you won\'t seeSatoshi Nakamoto-- the pseudonymous creator of Bitcoin -- making the rounds on late-night TV. At best, you\'ll see mentions of #Bitcoin blowing up in your social media feeds.\nThat\'s because everything happens algorithmically and not in the real world. Approximately every four years, the Bitcoin algorithm readjusts such that the mining rewards forBitcoin minersare slashed by one-half. Currently, they receive 6.25 BTC for every block they add to the Bitcoin blockchain; on or about April 19, they will receive 3.125 BTC.\nAnother way of thinking about this, however, is that the rate of new Bitcoin creation is being cut in half. And this has enormous economic consequences. It enhances the scarcity of Bitcoin, making it much more attractive as a long-term investment. According to the algorithm, the total lifetime supply of Bitcoin is capped at 21 million coins. The current circulating supply is already 19.7 million coins, so 94% of all Bitcoin that will ever exist has already been created!\nThis is why many analysts suggest that there could be a very real "supply squeeze" or "supply shock" as everyone races to get their hands on available Bitcoin. There are already reports that the supply of Bitcoin on cryptocurrency exchanges is starting to dry up, and so this "supply squeeze" could get very intense in the immediate aftermath of the halving. When you factor in all the new demand coming from the spot Bitcoin ETFs, it\'s easy to see how the price of Bitcoin could soar higher.\nIf you look at previous Bitcoin halving cycles, it\'s easy to conclude that the scarcity effect is very real. There have been three previous Bitcoin halving cycles -- in 2012, 2016, and 2020 -- and each one has led to monster price gains for Bitcoin, as well as a brand-new all-time high.\nTake the 2012 halving, for example. The price of Bitcoin skyrocketed from $12 to $1,161 for a gain of 9,575%. After the 2016 halving, the price of Bitcoin soared from $600 to $20,000, for a gain of 3,233%. And, after the 2020 halving, the price of Bitcoin soared from $9,000 to $69,000, resulting in a gain of 667%.\nSo we\'re not just talking about a nice 10% bump here. We\'re talking about major parabolic moves that are simply unprecedented in the history of financial assets. No surprise, then, that hedge fund managers and crypto analysts are steadily ratcheting up their price estimates for Bitcoin in the 2024 post-halving cycle. The current consensus seems to be $150,000 by the end of 2025, which would imply a more than doubling in the price of Bitcoin, as well as more than $1 trillion in new market cap.\nSo far, so good, right? The basic economic logic of the halving makes sense, and we have plenty of previous price data to back up conclusions. But not so fast. Keep in mind that it took Bitcoin almost an entire decade to gain $1 trillion in market cap. And now we\'re saying that Bitcoin is going to duplicate an entire decade\'s worth of work in just 12 months?\nMoreover, take a closer look at the gains after every halving cycle. They are decreasing over time. So the gains from this fourth halving cycle might not be nearly as impressive. If you only look at post-halving gains using a six-month time frame, asCoinbase Globalrecently did, the numbers are even less impressive. In the 2020 halving cycle, Bitcoin was only up 82% after the first six months.\nAnd finally, keep in mind that as Bitcoin goes mainstream, it also becomes more likely that it will start to behave more and more like a mainstream financial asset. It may start to lose some of its volatility and, thus, lose some of its completely unprecedented upside potential. So, keep your expectations in check this time around. It may take longer than people think for Bitcoin to become a $2 trillion asset.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCould Bitcoin Really Gain Another $1 Trillion in Value After the Halving?was originally published by The Motley Fool', "After starting out as a joke in 2013,Dogecoin(CRYPTO: DOGE)has become one of the most recognizable cryptocurrencies. Dogecoin is the ultimate token for thrill-seeking investors. Dogecoin is famously volatile -- capable of massive price swings in a short amount of time.\nToday, Dogecoin's price is around $0.20, well off its former high of $0.68. Perhaps it's wiser to walk before you run. Can Dogecoin surpass $0.25? It would be a nice move, representing over 30% upside from here.\nWell, I've got good news and bad news. Here is what you need to know.\nOne might say thatDogecoinis a cryptocurrency of the people. Over 96% of crypto wallets holding Dogecoin have $1,000 or less worth. That hints at Dogecoin's reputation as a fun cryptocurrency that investors generally buy, hoping for a price spike to make quick money.\nIt's the flagship meme coin; even its creators initially didn't take Dogecoin seriously. However, like most cryptocurrencies, strong demand will increase the price. It's not a coincidence that Dogecoin peaked during the meme stock bull market in 2021, when speculative investing was rampant:\nSo, can Dogecoin go on a run? You bet. At $0.20, it has its highest price since that meme-stock craze initially wound down as theFederal Open Market Committee (FOMC)raised interest rates, pouring water on speculative market behavior. Now that the FOMC has stopped raising rates (for now), investor appetite for growth and speculative investments has somewhat returned. There's no telling how high that could take Dogecoin in the process.\nThe unpredictable nature of short-term Dogecoin prices can make you money, but investors may want to think twice about buying and holding. Unfortunately, Dogecoin wasn't designed well for long-term price appreciation. For starters, there is no supply cap like there is withBitcoin. There can be an infinite amount of Dogecoin, which naturally will work against the per-coin price.\nDogecoin's market cap hit $84 billion when prices peaked at $0.68 per coin in 2021. Today, Dogecoin has a $27 billion market cap at $0.20. If Dogecoin traded at $0.68 today, its market cap wouldn't be $84 billion; it would be over $91 billion. In other words, the increased supply means that Dogecoin's total market cap may increase,even if Dogecoin's price doesn't.\nOf course, investors only care about the price of Dogecoin, so keep that in mind when planning your investment strategy. Dogecoin's ever-increasing supply is like gravity. It will likely lower Dogecoin's per-coin price over time.\nDogecoin can be somewhat counterintuitive. Investors should treat it like a short-term bet, a momentum trade that they hope they'll profit quickly from and then sell. This goes against the long-term mindset that makes many investors successful. However, there are no fundamentals underneath Dogecoin. There is no underlying business growing profits on which shareholders can base a price. Dogecoin is worth what someone else is willing to pay for it.\nThat's it.\nUnfortunately, people don't like to pay as much for something when there is more of it. Dogecoin's supply will only grow over time, so don't treat it like you would most investments. Embrace a short-term attitude for Dogecoin, and consider cashing out profits when the price gets hot.\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nJustin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Dogecoin While It's Below $0.25?was originally published by The Motley Fool", 'Motorists are braced for a rise in fuel costs as the escalating crisis in the Middle East threatens to send oil prices close to $100 a barrel.\nThe RAC warned that petrol prices could hit £1.50 a litre for the first time in five months ifIran’s attack on Israeldrives up the price of crude. Oil prices are alreadytrading at six month highsbut analysts said they are expected to rise on Monday after Iran sent a swarm of missiles and drones to Israel on Saturday night.\nBob McNally, a former energy adviser to the Bush administration who runs Rapidan Energy Group, warned of an “escalatory dynamic” with the market “complacent” about risks from Iran, and that the attack had been bigger than traders had expected.\n“These two factors should lead to a strong open for crude oil prices this week,” he said.\nMr McNally said oil prices should rise by at least three to five dollars a barrel in the coming days and weeks.\nBrent crude rose towards $92 a barrel on Friday, its highest level since October.\nRAC fuel spokesman Simon Williams said: “If the price of oil was to reach $95 a barrel, we could see petrol at the pump go back up to £1.50 a litre, which would be bad news for hard-pressed drivers.”\nA rise in the dollar caused by investors diverting their funds away from riskier assets would also push up petrol prices, since oil is priced in dollars.\nMr McNally said oil prices were most likely to be determined by how Israel responds to Iran’s strike. “If Israel does not respond before the open in Asia, the initial price response could be a bit more muted,” he said. “But the market has some more risk pricing to do.”\nGiovanni Staunovo, a commodities analyst at UBS, said: “Oil prices might spike at the opening, as this is the first time Iran struck Israel from its territory. How long any bounce lasts will also depend on the Israeli response.”\nThe RAC said fuel prices could also come under pressure from retailers raising their own margins. Profit margins on petrol have fallen from 10.5p to 8p per litre this year under pressure from competition authorities but Mr Williams said this could rise again due to factors such as increasing staff costs.\n“If the average retailer margin on unleaded was to go back up to 10p a litre, the £1.50 mark could be exceeded even at $90 a barrel.”\nA litre of unleaded petrol costs on average 149.25p a litre, up from 140p at the start of the year, according to the RAC. It last cost over 150p a litre in November.\nRising petrol prices would threaten efforts to bring down inflation, a potential blow to Joe Biden’s re-election hopes in the US, where fuel costs are a key political issue. Capital Economics said in a note that tensions in the Middle East would “add to the reasons for the [Federal Reserve] to adopt a more cautious approach to rate cuts, but they won’t prevent it from cutting altogether”.\nIn nervous weekend trading, markets that were open on Sunday in the Middle East, including Saudi Arabia and Israel’s fell slightly. Bitcoin slumped on Saturday night after Israel said Iran had sent drones, before recovering some of its losses on Sunday after the attack was repelled.\nIran has gradually increased oil production in recent years, but its output could come under pressure if Western countries were to step up restrictions in response to Saturday night’s attack. Petrol prices typically take up to two weeks to feed in to higher prices at the forecourt, according to the RAC, reflecting the time it takes for wholesale crude to make its way to pumps.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', 'Motorists are braced for a rise in fuel costs as the escalating crisis in the Middle East threatens to send oil prices close to $100 a barrel.\nThe RAC warned that petrol prices could hit £1.50 a litre for the first time in five months ifIran’s attack on Israeldrives up the price of crude. Oil prices are alreadytrading at six month highsbut analysts said they are expected to rise on Monday after Iran sent a swarm of missiles and drones to Israel on Saturday night.\nBob McNally, a former energy adviser to the Bush administration who runs Rapidan Energy Group, warned of an “escalatory dynamic” with the market “complacent” about risks from Iran, and that the attack had been bigger than traders had expected.\n“These two factors should lead to a strong open for crude oil prices this week,” he said.\nMr McNally said oil prices should rise by at least three to five dollars a barrel in the coming days and weeks.\nBrent crude rose towards $92 a barrel on Friday, its highest level since October.\nRAC fuel spokesman Simon Williams said: “If the price of oil was to reach $95 a barrel, we could see petrol at the pump go back up to £1.50 a litre, which would be bad news for hard-pressed drivers.”\nA rise in the dollar caused by investors diverting their funds away from riskier assets would also push up petrol prices, since oil is priced in dollars.\nMr McNally said oil prices were most likely to be determined by how Israel responds to Iran’s strike. “If Israel does not respond before the open in Asia, the initial price response could be a bit more muted,” he said. “But the market has some more risk pricing to do.”\nGiovanni Staunovo, a commodities analyst at UBS, said: “Oil prices might spike at the opening, as this is the first time Iran struck Israel from its territory. How long any bounce lasts will also depend on the Israeli response.”\nThe RAC said fuel prices could also come under pressure from retailers raising their own margins. Profit margins on petrol have fallen from 10.5p to 8p per litre this year under pressure from competition authorities but Mr Williams said this could rise again due to factors such as increasing staff costs.\n“If the average retailer margin on unleaded was to go back up to 10p a litre, the £1.50 mark could be exceeded even at $90 a barrel.”\nA litre of unleaded petrol costs on average 149.25p a litre, up from 140p at the start of the year, according to the RAC. It last cost over 150p a litre in November.\nRising petrol prices would threaten efforts to bring down inflation, a potential blow to Joe Biden’s re-election hopes in the US, where fuel costs are a key political issue. Capital Economics said in a note that tensions in the Middle East would “add to the reasons for the [Federal Reserve] to adopt a more cautious approach to rate cuts, but they won’t prevent it from cutting altogether”.\nIn nervous weekend trading, markets that were open on Sunday in the Middle East, including Saudi Arabia and Israel’s fell slightly. Bitcoin slumped on Saturday night after Israel said Iran had sent drones, before recovering some of its losses on Sunday after the attack was repelled.\nIran has gradually increased oil production in recent years, but its output could come under pressure if Western countries were to step up restrictions in response to Saturday night’s attack. Petrol prices typically take up to two weeks to feed in to higher prices at the forecourt, according to the RAC, reflecting the time it takes for wholesale crude to make its way to pumps.']... Last 60 Days of Bitcoin's Closing Prices: [51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-14 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,268,610,158,344 - Hash Rate: 674220573.4624075 - Transaction Count: 473328.0 - Unique Addresses: 665693.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we discuss 12 best financial and fintech ETFs to buy. If you want to skip our discussion on the finance industry, head over to5 Best Financial and Fintech ETFs To Buy. In the past year, the collapse of Silicon Valley Bank caused major repercussions in the banking sector, particularly affecting regional banks. Even major US financial institutions faced challenges throughout 2023. In 2024, a global economic slowdown and macroeconomic weakness fuelled by high interest rates are expected tostir up problems for the banking industry. Although governments worldwide are implementing measures to control inflation, many factors still pose a risk to economic prosperity, including supply chain disruptions, changing trade relationships, geopolitical tensions, and extreme weather events.IMF'slatestforecasts indicate global economic growth of only 3% in 2024, with developed economies showing modest growth rates and emerging economies experiencing notable growth. Accordingto a Deloitte report, banks globally will face challenges that impact their revenue generation and cost management in 2024. High interest rates have increased net interest income, especially in the United States and Canada, while also driving up funding costs and reducing margins consequently. The global banking industry is now faced with an uphill battle to control deposit costs while customer expectations and market competition skyrocket. Loan growth is forecasted to be modest, given the high borrowing costs and overall macroeconomic dynamics, with banks likely to maintain restrictive credit lending policies. While consumer spending is strong, demand for credit card and auto loans is predicted to remain robust, while demand for corporate loans may temporarily weaken before likely recovering later this year. Additionally, climate change considerations are largely impacting credit availability and loan demand. The blend of higher deposit costs, lower policy rates, and limited loan potential may affect banks' ability to maintain strong net interest margins in 2024. Looking ahead, the global banking landscape is expected to experience further transformation, with Chinese and American banks dominating global rankings and rising influence from Indian banks and Middle Eastern sovereign wealth funds anticipated over the coming decade. In 2024,Fidelitybelievesthere may be a reason for cautious optimism despite the unsettling closures in 2023, which were driven by specific circumstances not necessarily applicable to all banks and financial institutions. Macroeconomic factors such as growth, inflation, and Federal Reserve policy will likely remain pivotal for the financial sector and the broader market. Recent events at Silicon Valley Bank underscored the importance of deposit quality in the current environment. With interest rates rising, depositors now have higher-yielding options for their excess cash, making deposits more susceptible to potential flight. Hence, focusing on high-quality deposits has become imperative. Institutions like Wells Fargo, Bank of America, and M&T Bank illustrate the advantages of such stability. In 2024, many financial services dealmakers are feeling more optimistic compared to last year, as recent improvements in financial markets and positive signals about interest rates from central banks are slowly restoring investor confidence. Present market conditions, paired with ongoing initiatives like digitalization, sustainability, and addressing workforce challenges, are pushing financial services players to quicken their transformation efforts to remain competitive and profitable. M&A remains a significant part of this transformation journey, especially as organic growth faces challenges in the current macroeconomic environment. Dealmakers are likely to prefer smaller transactions over mega-deals to facilitate transformational steps. Deal processes may also become more complex and protracted.AccordingtoPwC, some sectors within the financial services industry are especially attractive for M&A activity in 2024. These include asset and wealth management, insurance, private equity, payments, and fintech. Asset and wealth managers are expected to boost M&A to achieve scale and acquire new capabilities, while insurance companies may divest complex legacy portfolios to reduce costs and enhance capital efficiency. Private equity investors are largely focusing on financial services-related sectors, such as insurance brokerage and fintech, for M&A opportunities. Regulatory pressure and stakeholder expectations on environmental, social, and governance (ESG) criteria are also increasing, influencing business decisions and investment strategies. Some of the best financial stocks to buy include Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B). However, we discuss the best financial ETFs in this article. Our Methodology We curated our list of the best financial and fintech ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 22, 2024, ranking the list in ascending order of the share performance. We have also discussed the top holdings of the ETFs to offer better insight to potential investors. A city skyline with multiple regional banks in the foreground. 5-Year Share Price Performance as of March 22: 20.02% Amplify Mobile Payments ETF (NYSE:IPAY) aims to mirror the performance of the Nasdaq CTA Global Digital Payments Index, before accounting for fees and expenses. It offers exposure to global companies engaged in different aspects of payment-related products and services such as card networks, infrastructure, software, processors, and solutions. Amplify Mobile Payments ETF (NYSE:IPAY) was launched in July 2015. As of March 22, 2024, the fund’s net assets total $361.4 million, along with a portfolio of 36 stocks and an expense ratio of 0.75%. Amplify Mobile Payments ETF (NYSE:IPAY) is one of the best financial ETFs to buy. PayPal Holdings, Inc. (NASDAQ:PYPL) is the largest holding of Amplify Mobile Payments ETF (NYSE:IPAY). On February 7, PayPal Holdings, Inc. (NASDAQ:PYPL) reported a Q4 non-GAAP EPS of $1.48 and a revenue of $8 billion, outperforming Wall Street estimates by $0.12 and $130 million, respectively. According to Insider Monkey’s fourth quarter database, 87 hedge funds were long PayPal Holdings, Inc. (NASDAQ:PYPL), up from 78 funds in the prior quarter. Like Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the best financial stocks to watch. Wedgewood Partners stated the following regarding PayPal Holdings, Inc. (NASDAQ:PYPL) in its fourth quarter 2023 investorletter: “PayPal Holdings, Inc. (NASDAQ:PYPL) also contributed less to portfolio performance than most holdings during the fourth quarter. The total payment volume handled by PayPal during its most recent quarter grew +15%, which helped drive healthy revenue growth and +20% earnings per share growth. Critically, the Company’s new management team has significant opportunity to drive more revenue and earnings growth across the massive, multi-trillion-dollar payments addressable market. PayPal’s rapidly growing payment processing brand, Braintree, represents one of those revenue growth opportunities, either by raising prices, as the Company had previously used a low-price strategy to establish a beachhead in this market, or by adding value-added services. PayPal’s branded checkout remains the largest volume and profit driver for the business, and we expect this to continue to track in-line with e-commerce growth in the near term, and eventually take share as the Company rolls out new features to its over +400 million users and +30 million merchants. We added to our position with the stock trading at just 10X forward earnings estimates during the quarter because there are many more long-term growth opportunities relative to most financial companies that trade for similar multiples and compared to technology companies that trade for much higher multiples.” 5-Year Share Price Performance as of March 22: 26.56% Capital Link Global Fintech Leaders ETF (NYSE:KOIN) aims to mirror the performance of the AF Global Fintech Leaders Index, excluding fees and expenses. This index is designed to represent a diversified selection of companies engaged in fintech innovations. It focuses on two main segments – companies utilizing technology to improve operations, customer experience, data security, and digital assets; and companies aiding financial services firms in adopting and integrating new technologies and applications. Capital Link Global Fintech Leaders ETF (NYSE:KOIN) was introduced on January 30, 2018. As of March 21, 2024, the fund holds a portfolio of 35 stocks, along with a net expense ratio of 0.75% and net assets of $13.25 million. Oracle Corporation (NYSE:ORCL) is one of the top holdings of Capital Link Global Fintech Leaders ETF (NYSE:KOIN). On March14, Argus upgraded Oracle Corporation (NYSE:ORCL)’s earnings estimates for fiscal years 2024 and 2025 following its fiscal third-quarter results. Oracle reported strong performance, particularly in cloud services and support revenue, and highlighted significant cloud contract signings driven by artificial intelligence demand. Analysts maintain a bullish outlook on the company. According to Insider Monkey’s fourth quarter database, Oracle Corporation (NYSE:ORCL) was part of 100 stock portfolios, compared to 88 in the prior quarter. Jean-Marie Eveillard’sFirst Eagle Investment Managementis the largest stakeholder of the company, with 18.5 million shares worth $1.95 billion. Madison Sustainable Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its fourth quarter 2023 investorletter: “Oracle Corporation (NYSE:ORCL) reported a disappointing second quarter due to supply constraints. Cloud revenue was below expectations as Oracle made planning decisions to accommodate some large-scale Oracle Cloud Infrastructure (OCI) clients that take longer to bring online. We continue to believe that Oracle has a unique position in Generative AI workloads and continue to like its position and strategy.” 5-Year Share Price Performance as of March 22: 39.29% ARK Fintech Innovation ETF (NYSE:ARKF) is an actively managed ETF that primarily invests in domestic and foreign equity securities of companies engaged in financial technology innovation, with at least 80% of its assets allocated to such investments. Companies are considered part of the Fintech theme if they derive significant revenue from or are primarily focused on transaction innovations, blockchain technology, risk transformation, frictionless funding platforms, customer-facing platforms, and new intermediaries. As of February 29, 2024, ARK Fintech Innovation ETF (NYSE:ARKF)’s net assets amounted to $1,131 million, and its expense ratio came in at 0.75%. It is one of the best financial ETFs to buy. Coinbase Global, Inc. (NASDAQ:COIN) is the largest holding of ARK Fintech Innovation ETF (NYSE:ARKF). On March 12, Raymond James upgraded Coinbase Global, Inc. (NASDAQ:COIN) from Underperform to Market Perform due to the ongoing rally in Bitcoin fueled by robust inflows into exchange-traded products. Although Raymond James maintains a negative long-term bias on the cryptocurrency exchange, it no longer deems Underperform as suitable for the near term. According to Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on Coinbase Global, Inc. (NASDAQ:COIN), compared to 27 funds in the prior quarter. Patient Capital Management stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its fourth quarter 2023 investorletter: “Coinbase Global, Inc. (NASDAQ:COIN) climbed an incredible 131.7% in the quarter outpacing the 57% gain in bitcoin over the same period as investors became excited about the potential approval of a Bitcoin ETF in the new year. Coinbase continues to stand out as the lead survivor in an industry of fading and failing leaders. Cost savings initiatives taken earlier in the year have resulted in three quarters of positive EBITDA leading to expectations for “meaningful positive adjusted EBITDA” for the full year 2023. We continue to believe COIN has the potential to be the platform for crypto with $5B in liquidity providing the ability to invest and weather any crypto winters.” 5-Year Share Price Performance as of March 22: 53.11% First Trust Financials AlphaDEX Fund (NYSE:FXO) aims to match the performance, before fees and expenses, of the StrataQuant Financials Index. The fund was launched on May 8, 2007. The ETF features an expense ratio of 0.62%, along with net assets of $847.6 million and a portfolio comprising 102 stocks. First Trust Financials AlphaDEX Fund (NYSE:FXO) is one of the best financial ETFs to buy, ranking 9th on our list. The Progressive Corporation (NYSE:PGR) is the largest holding of First Trust Financials AlphaDEX Fund (NYSE:FXO). The Progressive Corporation (NYSE:PGR) is an insurance holding company based in the United States, which operates in three segments – Personal Lines, Commercial Lines, and Property. On March 4, the company declared a quarterly dividend of $0.10 per share, in line with previous. The dividend is payable on April 12, to shareholders on record as of April 4. According to Insider Monkey’s fourth quarter database, 79 hedge funds were bullish on The Progressive Corporation (NYSE:PGR), up from 63 funds in the last quarter. Andreas Halvorsen’sViking Globalis the largest stakeholder of the company, with 5.8 million shares worth $934 million. ClearBridge Sustainability Leaders Strategy made the following comment about The Progressive Corporation (NYSE:PGR) in its Q3 2023 investorletter: “Other positioning moves involved the sale of The Progressive Corporation (NYSE:PGR) and the addition of Travelers. Progressive has had a challenging time pricing in line with elevated loss trends, although we believe it will be able to improve its combined ratio over time.” 5-Year Share Price Performance as of March 22: 55.33% Fidelity MSCI Financials Index ETF (NYSE:FNCL) aims to match the performance of the MSCI USA IMI Financials 25/50 Index before fees and expenses. This index covers different segments of the US financial market, including large, mid, and small-cap companies. Fidelity MSCI Financials Index ETF (NYSE:FNCL) utilizes a representative sampling indexing strategy to manage the fund. The ETF was established on October 21, 2013. As of December 31, 2023, the fund owns net assets worth $1,504.6 million, along with a portfolio of 411 stocks and an expense ratio of 0.084%. Fidelity MSCI Financials Index ETF (NYSE:FNCL) is one of the best financial ETFs to buy. JPMorgan Chase & Co. (NYSE:JPM) is the largest holding of Fidelity MSCI Financials Index ETF (NYSE:FNCL). On March 19, JPMorgan Chase & Co. (NYSE:JPM) declared a $1.15 per share quarterly dividend, a 9.5% increase from its prior dividend of $1.05. The dividend is payable on April 30, to shareholders on record as of April 5. According to Insider Monkey’s fourth quarter database, 103 hedge funds were bullish on JPMorgan Chase & Co. (NYSE:JPM), compared to 109 funds in the prior quarter. Carillon Eagle Growth & Income Fund stated the following regarding JPMorgan Chase & Co. (NYSE:JPM) in its fourth quarter 2023 investorletter: “PNC Financial and JPMorgan Chase & Co. (NYSE:JPM) performed well due to more benign inflation data, which the market likely interpreted as a sign that a recession is now less likely to occur. Recall that historically speaking, banks are hyper-cyclical stocks and typically will trade lower if investors foresee a recession, because recessions tend to trigger loan losses.” 5-Year Share Price Performance as of March 22: 55.38% Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF) tracks the S&P 500 Equal Weight Financials Index, which evenly distributes the weight of stocks within the financial sector of the S&P 500 Index. As of March 22, 2024, the fund’s portfolio consists of 72 stocks, along with an expense ratio of 0.40%. Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF) ranks 7th on our list of the best financial ETFs. The Charles Schwab Corporation (NYSE:SCHW) is one of the top holdings of Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF). On March 22, TD Cowen upgraded The Charles Schwab Corporation (NYSE:SCHW) from Market Perform to Outperform. The upgrade is based on the belief that the peak in cash-sorting has been reached, anticipation of higher net interest margin until 2025, and the expectation that investors will start valuing the stock based on earnings in 2026 or 2027. According to Insider Monkey’s fourth quarter database, 81 hedge funds were bullish on The Charles Schwab Corporation (NYSE:SCHW), up from 77 funds in the last quarter.Harris Associatesis the leading stakeholder of the company, with 19 million shares worth $1.3 billion. Sequoia Fund stated the following regarding The Charles Schwab Corporation (NYSE:SCHW) in its fourth quarter 2023 investorletter: “By way of example, consider the following holdings: Rolls Royce, The Charles Schwab Corporation (NYSE:SCHW), Elevance Health, Credit Acceptance, Capital One Financial, Liberty Broadband, and Ashtead. Each of these companies trades for a low double-digit, or lower, multiple of our estimate of normalized earnings per share, yet each of them is capable of compounding earnings per share at a double-digit rate. At year-end 2023, these holdings accounted for almost a third of the Fund’s capital. Additions in 2023 included Liberty Broadband, Charles Schwab, Elevance, and Capital One Financial. 5-Year Share Price Performance as of March 22: 55.70% Vanguard Financials Index Fund ETF Shares (NYSE:VFH) is a passively managed fund that aims to replicate the performance of Spliced U.S. Investable Market Financials 25/50 Index, which is a benchmark index representing the financial sector's investment return. The fund’s portfolio comprises 394 stocks, and it features an expense ratio of 0.10%. As of February 29, 2024, Vanguard Financials Index Fund ETF Shares (NYSE:VFH)’s total assets amounted to $9.9 billion. It ranks 6th on our list of the best financial ETFs. Mastercard Incorporated (NYSE:MA) is one of the top holdings of Vanguard Financials Index Fund ETF Shares (NYSE:VFH). On February 6, Mastercard Incorporated (NYSE:MA) declared a quarterly dividend of $0.66 per share, in line with previous. The dividend is payable on May 9, to shareholders on record as of April 9. According to Insider Monkey’s fourth quarter database, 141 hedge funds were bullish on Mastercard Incorporated (NYSE:MA), compared to 140 funds in the prior quarter. Charles Akre’sAkre Capital Managementis the largest stakeholder of the company, with 5 million shares worth $2.15 million. In addition to Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), Mastercard Incorporated (NYSE:MA) is one of the top financial stocks to buy. Ensemble Capital Management stated the following regarding Mastercard Incorporated (NYSE:MA) in its fourth quarter 2023 investorletter: “Mastercard Incorporated (NYSE:MA) (7.21% weight in the Fund): Payment companies are data companies. As we discussed last quarter in our write up of Mastercard, merchants can generate significant value from analyzing payment data to better understand their customers. Mastercard has long built AI-based products to enhance payment security and provide merchants with rich data analytics. In December, they rolled out Muse, a new online shopping companion that merchants who utilize certain Mastercard services can install on their own websites. Click to continue reading and see5 Best Financial and Fintech ETFs To Buy. Suggested articles: • 11 Stocks That Will Profit From AI Evolution • 14 Best Climate Change Stocks To Buy According to Hedge Funds • 12 Best Biotech Penny Stocks to Invest In Disclosure: None.12 Best Financial and Fintech ETFs To Buyis originally published on Insider Monkey.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SINGAPORE, April 15 (Reuters) - The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months. The dollar made a 34-year high on the yen and five-month top on the euro on Friday and traded near those levels early in the Asia day, buying 153.24 yen and a euro for $1.0646. There was little initial reaction to a weekend attack on Israel by Iran. The Australian and New Zealand dollars rose very slightly to lift away from lows, with the Aussie up 0.2% to $0.6475 after briefly touching a two-month trough of $0.6455. The kiwi, which hit a five-month low on Friday, nudged 0.2% higher to $0.5946. Bitcoin, which like the Aussie and kiwi can be a barometer of market sentiment, fell last week and in weekend trade but steadied on Monday to $65,721. Iran had warned of a strike on Israel and over the weekend launched drones and missiles in retaliation for what it said was an Israeli attack on its Damascus consulate. It caused modest damage and Iran said it now "deemed the matter concluded." Two senior Israeli ministers signalled on Sunday that retaliation was not imminent and that Israel would not act alone, leaving the region on edge over the risk of a broader war, while financial markets were in wait-and-see mode. "It is too early to judge," said Jason Wong, senior market strategist at BNZ in Wellington. "It was really a symbolic attack over the weekend ... never really designed to inflict much damage - it\'s now over to what Israel\'s response will be." Sterling was 0.1% firmer to $1.2460, not far from Friday\'s five-month low at $1.2426. U.S. two-year yields rose 15 basis points last week and markets have dialled down U.S. interest rate cut expectations to price in just a 50 basis-point reduction this year, with the first cut not fully priced until September. That is a long way from January pricing for more than 150 bps in cuts by December. U.S. retail sales data is due later on Monday. Canadian and New Zealand inflation figures are due on Tuesday, along with Chinese growth numbers. British inflation data is out on Wednesday and Aussie jobs data on Thursday. ======================================================== Currency bid prices at 0005 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0645 $1.0642 +0.04% +0.00% +1.0652 +1.0630 Dollar/Yen 153.2950 153.2450 +0.06% +0.00% +153.3150 +153.1900 Euro/Yen 163.19 163.08 +0.07% +0.00% +163.2400 +162.9400 Dollar/Swiss 0.9138 0.9144 -0.06% +0.00% +0.9141 +0.9115 Sterling/Dollar 1.2456 1.2449 +0.06% +0.00% +1.2463 +1.2451 Dollar/Canadian 1.3759 1.3774 -0.11% +0.00% +1.3779 +1.3757 Aussie/Dollar 0.6474 0.6463 +0.18% +0.00% +0.6479 +0.6455 NZ Dollar/Dollar 0.5942 0.5935 +0.16% +0.00% +0.5950 +0.5937 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Christopher Cushing)', '(Updates prices at 0115 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMarkets in Asia began the week on a cautious footing. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran had, late on Saturday, launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThat marked Iran\'s first direct attack on Israeli territory.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nJapan\'s Nikkei slid more than 1%, while Australia\'s S&P/ASX 200 index lost 0.6%.\nHong Kong\'s Hang Seng Index slumped 0.8%.\nThe escalating tensions also sparked a flight to safety that sent gold rising 0.51% to $2,356.39 an ounce and the safe-haven dollar broadly higher, extending its 1.6% rise from last week.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.5% lower at $90.01 per barrel, while U.S. West Texas Intermediate crude futures fell roughly 0.6% to $85.13 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures, meanwhile, ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose 0.15%.\n"Geopolitical headlines are going to be very much there," said Chris Weston, head of research at Pepperstone.\n"The market is really trying to understand what\'s going on. Their visibility to price risk in this market has become a bit more troublesome, and I think when you don\'t have that visibility, you do get higher volatility. That\'s kind of where we are."\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5277%, while the two-year yield held near the 5% level and was last at 4.8966%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 50 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.69 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin was last more than 2% lower at $65,536, after falling below $62,000 on Sunday.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', "Oil and stock futures traded largely flat Sunday evening as financial markets offered muted reactions to Iran launching hundreds of missiles and drones at Israel on Saturday.\nThe major U.S. stock indices ticked up 0.2%-0.3%, while oil prices eased 0.2%-0.4%. West Texas Intermediate crude hovered below $86 per barrel, and Brent crude was around $90. Analysts had earlier predicted that Brentcould spike above $100 per barrelafter already surging 20% in the year to date before the attack.\nPrices for gold—traditionally seen as a safe-haven asset—were flat at $2,375 per ounce, and remain below the record highs touched on Friday.\nU.S. Treasury bonds, another safety trade, sold off slightly, lifting the 10-year yield 5.5 basis points to 4.554%. The dollar fell against the euro and British pound but rose versus the yen.\nCryptocurrencies continued rebounding from losses on Saturday. Bitcoin rose 1.6% to $65,205, and ether added 2.5% to $3,150.\nThe muted initial reaction may be due to optimism that the Middle East conflict won't escalate. While it marked Iran’s first-ever, full-scale military assault on Israel,99% of the projectiles were shot down, and no fatalities were reported.\nMeanwhile, the White House signaled it’s seeking to prevent hostilities from spreading. President Joe Biden reportedly told Prime Minister Benjamin Netanyahuthe U.S. would not participate in any offensive action against Iran,after pledging “ironclad” support for Israel’s defense.\nFor its part, Tehran has indicated no more attacks are forthcoming. But Israel's response remains to be seen, as is any further retaliation that it may spark from Iran.\nCapital Economics saidin a note early Sundaythat increased tension in the Middle East likelygives the Federal Reserve even more cause to go slow on rate cuts, as oil prices could disrupt the central bank’s battle against inflation.\n“The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets,” wrote Neil Shearing, Capital Economics’ group chief economist\nBut he added that potential counterweights include disinflationary pressure from China's recent expansion in production capacity, which has lowered export prices, and demands from some OPEC+ members to pump more crude, which would lower oil prices.\nIn the immediate aftermath of the Iranian attack,cryptocurrency prices fell sharplySaturday evening but later recouped some losses. Earlier indications of market jitters came on Friday, when reports said an Iranian attack was imminent,boosting U.S. benchmark oil pricesas much as 3% to top $87 a barrel.\nU.S. Treasury bonds also rallied sharply, sending the 10-year yield down as much as 10 basis points as investors looked for safety. The U.S dollar advanced Friday as the geopolitical tensions caused investors to turn away from riskier emerging-market currencies.\nPrices for gold surged to a fresh record high above $2,400 an ounce before later reversing those gains. And stocks sold off on Friday, led by risk-on tech shares, as investors also digested bank earnings and fresh inflation data that further dampened hopes for imminent Fed rate cuts.\nThis story was originally featured onFortune.com", '• PAXG spiked as high as $2,923 on Saturday, trading at premium of over 20% to gold\'s per ounce price of $2,342.90 on Friday.\n• Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge.\nPrices for PAX Gold {{PAXG}}, a gold-backed digital asset created by Paxos, surged over the weekend as escalating geopolitical tensions in the Middle East catalyzed demand for haven assets.\nPAXG rose as high as $2,923 on Saturday, trading at a premium of over 20% to the yellow metal\'s per-ounce price of $2,342.90 at Friday\'s New York close, CoinDesk data show. As of writing, PAXG still drew a notable premium, trading at $2,471.\nMeanwhile, bitcoin and other major cryptocurrencies traded under pressure as Iran fired explosives at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1. On Sunday,Iran warnedIsrael and the United States of a much larger response after Tel Aviv said it would respond to Iran\'s retaliatory aggression.\nWith a market capitalization of over $446 million, PAXG is the world\'s second-largest tokenized gold coin. Leading the pack is tether gold (XAUT) with a market capitalization of $581.9 million. PAXG\'s weekend surge did not spill over into XAUT and other gold tokens.\n"Geopolitical events create price movements; it is not simple or straightforward to know what the price of gold should be at any given moment," Paxos\' spokesperson told CoinDesk in an email.\n"In addition, the main spot gold markets are only open from Sunday at 6pm until Friday early afternoon. When events occur globally over the weekend, the price of gold could not be referenced against the main spot market because it is closed. Gold has been very volatile recently and even on Friday, gold traded in a $100 range, which is virtually unprecedented," spokesperson added.\nGold has surged over 8% in four weeks, while bitcoin has declined by 10%. On Friday, analysts at Goldman Sachsraisedits year-end price forecast for gold to $2,700 from $2,300, saying that momentum and retail investors haven\'t yet piled into the yellow metal.\nSeveral traditional market participants closely followed PAG\'s spike and BTC\'s slide over the weekend, wondering if the classic risk-off action in the 24/7 crypto market was a sign of things to come in stocks on Monday.\n"And so now everyone who isn\'t involved in crypto is watching BTC to gauge the market impact of war cuz it\'s the only thing that\'s open when drones fly," Andy Constan, founder of macroeconomic research firm Damped Spring,said on X.\nFormer Bridgewater Executive and CIO of Unlimited Funds Bob Elliot said BTC\'s perfect negative correlation with PAXG over the weekend dented the leading digital asset\'s appeal as a geopolitical hedge.\n"Bitcoin may be many things, but it is not a geopolitical hedge. This weekend was another good empirical test. BTC traded with a near-perfect negative correlation over the last day toPAXG, agold-backedtoken. If anything it\'s becoming an even worse hedge over time,"Elliot saidon X.\nApril 15, 4:17 UTC:Adds comments from Paxos.', '(Updates prices at 0500 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares fell and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran launched explosive drones and missiles at Israel late on Saturday, in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nA sense of nervousness swept over markets in Asia on Monday amid the escalating geopolitical tensions, with Japan\'s Nikkei sliding 1%, while Australia\'s S&P/ASX 200 index lost nearly 0.5%.\nHong Kong\'s Hang Seng Index was down 0.63%.\nThe flight to safety sent gold up more than 0.5% to $2,356.39 an ounce and kept the dollar firm.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.24% lower at $90.23 per barrel, while U.S. West Texas Intermediate crude futures fell 0.35% to $85.36 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose about 0.4%.\nEUROSTOXX 50 futures tacked on 0.22%, while FTSE futures slid 0.5%.\nChina, however, was an outlier, with stocks pushing higher after the country\'s securities regulator issued draft rules on Friday to strengthen the supervision of company listings, delistings and computer-driven programme trading.\nMarket participants took the move as a positive signal to improve China\'s ailing stock market and protect investors\' interests.\nThe country\'s blue-chip CSI300 index rose nearly 2%, while the Shanghai Composite index gained 1.2%.\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5605%, while the two-year yield held near the 5% level and was last at 4.9269%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 44 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.85 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin fell more than 3% to $65,010, also weighed down in part by the global risk-off mood.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', '• BTC is back above $65,000 as geopolitical volatility subsides.\n• Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week.\nBitcoin {{BTC}} is trading above $65,000, while ether {{ETH}} is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems.\nBitcoin dropped below $62,000over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran,according to Al-Jazeera.\nTraders on Polymarketgive a 4% chanceof Israeli military action against Iran by April 15. This is down from nearly 57% in the immediate hours after Iran’s missile attack.\nAt the height of the tensions, PAXG, atokenized gold digital asset created by Paxos, was trading at a 20% premium over its analog counterpart as crypto traders fled risk assets for the safety of the yellow metal.\nBefore the tension kicked off, the digital asset market had already beenunder immense selling pressurebecause of U.S. tax season, which also occurs in the run-up to the halving.\n“Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets,” Arthur Hayes wrote in a blog post on the topic.\nTraders are also anticipatingthe launch of bitcoin and perhaps ether ETFs in Hong Kong this week, giving traders in China easier access to digital assets exposure.Matrixport estimatesthat these ETFs could unlock up to $25 billion in demand.', '• BTC is back above $65,000 as geopolitical volatility subsides.\n• Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week.\nBitcoin {{BTC}} is trading above $65,000, while ether {{ETH}} is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems.\nBitcoin dropped below $62,000over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran,according to Al-Jazeera.\nTraders on Polymarketgive a 4% chanceof Israeli military action against Iran by April 15. This is down from nearly 57% in the immediate hours after Iran’s missile attack.\nAt the height of the tensions, PAXG, atokenized gold digital asset created by Paxos, was trading at a 20% premium over its analog counterpart as crypto traders fled risk assets for the safety of the yellow metal.\nBefore the tension kicked off, the digital asset market had already beenunder immense selling pressurebecause of U.S. tax season, which also occurs in the run-up to the halving.\n“Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets,” Arthur Hayes wrote in a blog post on the topic.\nTraders are also anticipatingthe launch of bitcoin and perhaps ether ETFs in Hong Kong this week, giving traders in China easier access to digital assets exposure.Matrixport estimatesthat these ETFs could unlock up to $25 billion in demand.', 'The cryptocurrency market experienced a downturn over the weekend in response to rising tensions between Iran and Israel, with Bitcoin’s value dropping to US$62,773 on Saturday, its lowest price this month, CoinGecko data shows.\nThis sharp decline was prompted by an Iranian drone strike on Israel, leading to a broad sell-off in digital assets.\nThe geopolitical unrest resulted in more than US$1.5 billion in long position liquidations on Friday and Saturday, according to data fromCoinglass.\nThe market’s reaction to the Iranian drone attack, which was itself a retaliation to an Israeli operation in Syria, underscores the high sensitivity of cryptocurrency investments to global events.\nWhile traditional financial markets reacted on Friday, the 24/7 nature of cryptocurrency trading meant that the impact was felt over the weekend.\nBitcoin, which had recently peaked at US$73,737 in mid-March, saw its value plummet with other major cryptocurrencies, including Ether, also incurring notable losses.\nThe downturn was intensified by the crypto market’s high leverage, particularly in derivative bets, leading to one of the largest liquidation events in recent months.\nBitcoin halving is due for a halving this month, an event that theoretically leads to price surges by halving the production of new Bitcoin.', 'The cryptocurrency market experienced a downturn over the weekend in response to rising tensions between Iran and Israel, with Bitcoin’s value dropping to US$62,773 on Saturday, its lowest price this month, CoinGecko data shows.\nThis sharp decline was prompted by an Iranian drone strike on Israel, leading to a broad sell-off in digital assets.\nThe geopolitical unrest resulted in more than US$1.5 billion in long position liquidations on Friday and Saturday, according to data fromCoinglass.\nThe market’s reaction to the Iranian drone attack, which was itself a retaliation to an Israeli operation in Syria, underscores the high sensitivity of cryptocurrency investments to global events.\nWhile traditional financial markets reacted on Friday, the 24/7 nature of cryptocurrency trading meant that the impact was felt over the weekend.\nBitcoin, which had recently peaked at US$73,737 in mid-March, saw its value plummet with other major cryptocurrencies, including Ether, also incurring notable losses.\nThe downturn was intensified by the crypto market’s high leverage, particularly in derivative bets, leading to one of the largest liquidation events in recent months.\nBitcoin halving is due for a halving this month, an event that theoretically leads to price surges by halving the production of new Bitcoin.', "China Asset Management, Bosera Capital, HashKey Capital Limited announced that the Hong Kong Securities and Futures Commission (SFC) has approved both spotBitcoin (BTC)andEthereum (ETH)exchange-traded funds (ETFs) applications.\nHashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and recently seeked to raise funds at a $1 billion plus valuation. Shenzhen-based Bosera Capital is one of the first fund management companies in China, and manages $200 billion in assets. Meanwhile, China Asset Management is a prominent asset management firm founded in 1998. It manages one of the largest equity ETF products in China, with a total of $266 billion in assets under management (AUM).\nBloomberg firstreportedabout the imminent approval of the spot ETFs, with the listing details being finalized in time with Hong Kong Exchanges & Clearing (HKEX). The report stated that the products could be launched by the end of this month, marking a significant development in the region's cryptocurrency market.\nThe approval of these ETF products in Hong Kong is anticipated to be a major driver for the cryptocurrency market, positioning the city as a leading digital asset hub in Asia. While the United States approved spot Bitcoin ETFs in January, resulting in a record-breaking price surge that propelled Bitcoin to reach $73,000, it has not yet approved Ethereum ETFs. In contrast, Hong Kong approved both Bitcoin and Ethereum spot ETFs at the same time. Meanwhile, expectations for the approval of spot Ether ETF products in the U.S. remain subdued due to the lack of SEC engagement with the applicants. JPMorgan analystsplaced the approval of Ether ETFsby the final deadline in May at 50%.\nFollowing the news of the approval, BTC surged 2.81% in the past 24 hours to trade at $66,526, up from the lows of $62,000. Meanwhile, ETH gained 4.88% and is currently trading at $3,246. The crypto markets had a brutal sell-off last week followingescalating tensions in the Middle East, which propelled fears of a blown-out war.", "China Asset Management, Bosera Capital, HashKey Capital Limited announced that the Hong Kong Securities and Futures Commission (SFC) has approved both spotBitcoin (BTC)andEthereum (ETH)exchange-traded funds (ETFs) applications.\nHashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and recently seeked to raise funds at a $1 billion plus valuation. Shenzhen-based Bosera Capital is one of the first fund management companies in China, and manages $200 billion in assets. Meanwhile, China Asset Management is a prominent asset management firm founded in 1998. It manages one of the largest equity ETF products in China, with a total of $266 billion in assets under management (AUM).\nBloomberg firstreportedabout the imminent approval of the spot ETFs, with the listing details being finalized in time with Hong Kong Exchanges & Clearing (HKEX). The report stated that the products could be launched by the end of this month, marking a significant development in the region's cryptocurrency market.\nThe approval of these ETF products in Hong Kong is anticipated to be a major driver for the cryptocurrency market, positioning the city as a leading digital asset hub in Asia. While the United States approved spot Bitcoin ETFs in January, resulting in a record-breaking price surge that propelled Bitcoin to reach $73,000, it has not yet approved Ethereum ETFs. In contrast, Hong Kong approved both Bitcoin and Ethereum spot ETFs at the same time. Meanwhile, expectations for the approval of spot Ether ETF products in the U.S. remain subdued due to the lack of SEC engagement with the applicants. JPMorgan analystsplaced the approval of Ether ETFsby the final deadline in May at 50%.\nFollowing the news of the approval, BTC surged 2.81% in the past 24 hours to trade at $66,526, up from the lows of $62,000. Meanwhile, ETH gained 4.88% and is currently trading at $3,246. The crypto markets had a brutal sell-off last week followingescalating tensions in the Middle East, which propelled fears of a blown-out war.", "Ark Invest, the asset manager headed by Cathie Wood, focuses on owning businesses that have major disruptive potential. The thinking is that innovative companies can lead to huge growth potential, resulting in attractive long-term investment returns.\nThe famed investor appreciates new technologies, so it's no surprise that her fund is also bullish on digital assets. To be more specific, there is one top cryptocurrencyCathie Woodbelieves could soar 3,186% to $2.3 million. Perhaps it's time you considered buying.\nAs the oldest, most valuable cryptocurrency,Bitcoin(CRYPTO: BTC)gets a lot of attention. In more recent times, its price has surged, rising 325% since the start of 2023. This has placed an even brighter spotlight on the asset.\nBut Cathie Wood believes there is significantly more upside. In Ark Invest'sBig Ideas 2024research report, the firm's analysts could possibly see Bitcoin's price per coin getting to $2.3 million. That's a monster 33-fold gain from today's $70,000 level (as of the morning of April 11).\nThis lofty price target is based on the simple fact that Bitcoin will attract larger amounts of capital over time. Getting to $2.3 million implies that nearly 20% of the $250 trillion of global investible assets would find their way to Bitcoin.\nThis begs the question: Why would more investors want to buy and hold Bitcoin? I believe there is really one key reason the digital asset could become a mainstay in more portfolios.\nIt all has to do with scarcity. There will only ever be 21 million coins in circulation. Owning something that has a fixed supply cap seems like a smart move.\nCathie Wood and Ark Invest also argue that Bitcoin proved itself as a safe-haven asset, as its price rose meaningfully in 2023 following theregional banking crisis. Additionally, the firm believes that because of the ability to preserve capital, diversification benefits, and liquidity, Bitcoin can reduce risk for investors.\nBitcoin is currently in record territory. Naturally, some investors are probably wondering if now is still a good time to be buying the crypto. Cathie Wood thinks so.\nThat's because Bitcoin is benefiting from numerous catalysts at the moment. There's the recent approval ofspot ETF productsthat puts somewhat of a stamp of approval on Bitcoin. Thehalving is coming upsoon, which has historically been a bullish event that reduces new supply entering the market. And greater institutional acceptance, coupled with regulatory clarity, are also positive factors.\nArk Invest's research shows that any investors who purchased and held Bitcoin during any five-year stretch would have generated a profit. This is encouraging for those who have been on the sidelines and missed the current rally.\nTo be clear, though, investors should take the time to understand and learn more about this unique asset and its special characteristics. Only then can you build the conviction needed to be able to hold through the inevitable periods of heightened volatility.\nIf you do decide that it's time to buy Bitcoin for your own portfolio, consider adopting a dollar-cost averaging strategy. This eliminates the need to correctly time the market. Instead, you can purchase Bitcoin at regular intervals to take advantage of multiple entry points. Just be sure to maintain a very long-term mindset.\nCathie Wood's Bitcoin price target might seem incredibly lofty, and it's anyone's guess if this digital asset even gets remotely close to that level. But that doesn't mean you shouldn't consider buying this top crypto right now.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 3,186%, According to Cathie Woodwas originally published by The Motley Fool", 'Bitcoin{{BTC}} has risen 2.8%over 24 hours, trading above $66,500, and ether {{ETH}} has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they\'d been approved for spot crypto exchange-traded funds (ETFs).\nChina Asset Management, Bosera Capital and other applicants posted to social-media platform WeChat (Weixin) that they had been approved to list spot bitcoin and ether ETFs in Hong Kong. However, these announcements seem to have front-run an official statement from the Securities and Futures Commission (SFC), which has not posted a list of approved issuers. Some of the posts have since been deleted.\nThe SFC did not return emails or phone calls asking for comment.\nSingapore-based digital assets trading house QCP Capital said in a message shared with CoinDesk that it believes the ETFs, when approved, will unlock some institutional demand during Asia trading hours.\n"Participants who wanted exposure have always been limited to US hours, but this now gives institutional investors an Asia-based alternative," QCP wrote. "We believe this will be bullish short term, but there are more important narratives and drivers such as macro events."', 'Bitcoin{{BTC}} has risen 2.8%over 24 hours, trading above $66,500, and ether {{ETH}} has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they\'d been approved for spot crypto exchange-traded funds (ETFs).\nChina Asset Management, Bosera Capital and other applicants posted to social-media platform WeChat (Weixin) that they had been approved to list spot bitcoin and ether ETFs in Hong Kong. However, these announcements seem to have front-run an official statement from the Securities and Futures Commission (SFC), which has not posted a list of approved issuers. Some of the posts have since been deleted.\nThe SFC did not return emails or phone calls asking for comment.\nSingapore-based digital assets trading house QCP Capital said in a message shared with CoinDesk that it believes the ETFs, when approved, will unlock some institutional demand during Asia trading hours.\n"Participants who wanted exposure have always been limited to US hours, but this now gives institutional investors an Asia-based alternative," QCP wrote. "We believe this will be bullish short term, but there are more important narratives and drivers such as macro events."', 'Company Overview\nZacks Rank #1 (Strong Buy) stockCoinbase Global (COIN)is the third-largest crypto exchange globally and the leading crypto exchange in the United States in terms of trading volume. Coinbase, which was founded in 2012, has one of the broadest selections of cryptocurrency listings to trade. Clients can choose to trade some ~250 cryptocurrencies, three fiat currencies, and nearly 600 crypto trading pairs.\nInstitutional Business is Exploding\nLuckily for Coinbase, two of its biggest competitors, FTX (now defunct with former CEO Sam Bankman Fried in prison) and Binance, found themselves in major legal trouble. Meanwhile, Coinbase CEO Brian Armstrong has laser-focused his company on being compliant since inception – a rare trait for a crypto exchange in the wild west of the crypto industry.\nEarlier this year, Armstrong and Coinbase’s reputation paid off when several long-awaited Bitcoin ETFs launched following years of standoff with the U.S. Securities and Exchange Commission (SEC). It wasn’t long before it became clear that the Bitcoin ETF launch was the most successful in history, far surpassing the debut in theSPDR Gold Shares ETF (GLD) back in 2004. ETFs such asBlackRock’s (BLK)iShares Bitcoin Trust (IBIT)andFidelity’s Wise Origin BTC ETF (FBTC)have attracted billions in inflows, gained more than 70% since their debut, and were already among the top 15 ETFs within weeks of launching. Why is the historic Bitcoin ETF launch a bullish catalyst for COIN? Coinbase is the custodian exchange for nearly every active Bitcoin ETF. In other words, they get a piece of the casual crypto investor who prefers the ETF over Bitcoin itself, and institutional investors aiming to add exposure for clients via ETFs.\nCorrelation to Bitcoin\nCoinbase is highly correlated to the world’s largest and most followed cryptocurrency, Bitcoin. Bitcoin has been the most consistent and best-performing asset over the past decade, and the rampant bull market is unlikely to subside for the following reasons,\nBitcoin is breaking out to fresh all-time highs for the first time in years. Each time these multi-year breakouts have occurred, Bitcoin has produced meteoric returns.\nImage Source: TradingView\nElection year seasonality:Like with equities, studying Bitcoin’s historical seasonality can pay dividends.In the past three election years, Bitcoin returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.\nThe Upcoming Bitcoin Halving:The Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for validating and adding new blocks to the Bitcoin blockchain by half. Though the number of halvings in Bitcoin’s history is only three, and history is no guarantor, the stats suggest that bulls should stay the course for at least the next year.Bitcoin has delivered at least triple-digit one year after the halving, including +7,715% in 2012/13, +283% in 2016/17, and +423% in 2020/21!\nCash Cow\nCoinbase has a clean balance sheet, unlike many industry peers. The company has $5.7 billion on hand, which is impressive when you consider COIN has been growing revenue at a juicy double-digit clip in recent quarters.\nImage Source: Zacks Investment Research\nCoinbase also has a positive Zacks ESP (Earnings Surprise Prediction) score. Our in-house studies show that when a company has a positive ESP score and a Zacks Rank of #1 (like COIN), earnings are likely to surprise to the upside (COIN reports 5/8).\nBull Flag Reset\nCOIN shares are up nearly 300% over the past year, affording investors very few “clean” entry points. However, the stock is finally taking a breather and setting up in a picture-perfect bull flag pattern, offering investors who missed the first move another shot.\nImage Source: TradingView\nBottom Line\nCoinbase is the crypto exchange leader from both a retail and institutional perspective. As the stock retreats in the short term, several bullish catalysts remain, offering investors a juicy reward-to-risk zone to exploit.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nBlackRock, Inc. (BLK) : Free Stock Analysis Report\nSPDR Gold Shares (GLD): ETF Research Reports\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\niShares Bitcoin Trust (IBIT): ETF Research Reports\nFidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research', '• German state-backed lender LBBW is set to offer crypto custody services to clients through a partnership with exchange platform Bitpanda.\n• A market launch is planned for the second half of 2024.\nGermany’s largest state-backed lender, Landesbank Baden-Württemberg (LBBW), is set to offer crypto custody services through a partnership with Austrian exchange platformBitpanda, the company announced Monday.\nThe two firms have entered into a strategic partnership, which would see LBBW provided with “Investment-as-a-Service” infrastructure to “store and procure cryptocurrencies,” including bitcoin {{BTC}} and ether {{ETH}}.\n"By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest security standards," Stefanie Münz, member of the LBBW board of directors responsible for finance, strategy and operations, said in a press statement. "Bitpanda provides the necessary technical and regulatory infrastructure to offer our customers innovative and, above all, secure solutions in the area of digital assets."\nLBBW, in collaboration with Bitpanda, will first offer crypto custody services to corporate clients, with a market launch planned for the second half of 2024.\n"The demand from our corporate customers for digital assets is increasing. We are convinced that crypto assets will establish themselves as a building block for further business models. With the cooperation, we are creating the technical and regulatory basis at an early stage to best support the individual crypto strategies of our corporate customers," said Jürgen Harengel, COO of Corporate Bank at LBBW.', "The pound rallied against the dollar (GBPUSD=X) on Monday, rising around 0.3% in early trade to flirt with the $1.25 mark following fresh data last week which boosted hopes the UK is heading out of a recession.\nLast week, sterling dipped as low as $1.24 against the dollar — its lowest price since November, asinterest ratecut bets continue to fluctuate.\nData releasedby the Office for National Statistics on Friday showed that the UK economy grew slightly for the second month in a row in February, boosting hopes that the economy is escaping recession. Gross domestic product (GDP) grew 0.1%.\nMeanwhile, the dollar's strength last week came following new US consumer price index data released on Wednesday which came in above forecasts. Headline inflation jumped from 3.2% to 3.5% while core inflation, which was expected to fall, held at 3.8%.\nThe print resulted in markets dialling back rate cut hopes, the first of which had originally been pencilled in by economists for June.\nRead more:Trending tickers: Oil, Goldman Sachs, Bitcoin and Ethereum\nSwap markets now price in only one rate cut for 2024 in the US, down from the peak of seven, reached several months ago.\nThe pound was also up around 0.1% against the Euro (GBPEUR=X) to trade at €1.17.\nDownload the Yahoo Finance app, available forAppleandAndroid.", '(Bloomberg) -- Hong Kong gave conditional approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.\nMost Read from Bloomberg\n• Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding\n• Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs\n• Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again\n• Elon Wants His Money Back\n• Singapore Loses ‘World’s Best Airport’ Crown to Qatar\nHarvest Global Investments Ltd. and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. announced initial approvals in separate statements on Monday.\nThe Hong Kong unit of China Asset Management said it had received approval from the city’s Securities & Futures Commission for the provision of virtual-asset management services and is deploying resources to develop products.\nHong Kong is vying with the likes of Singapore and Dubai to become a digital-asset hub after rolling out a dedicated regulatory regime last year. Officials are trying to restore the city’s reputation as a modern financial hub following a crackdown on dissent that dulled its allure.\nListing Approval Pending\nThe SFC said the agency issues a conditional authorization letter to an ETF application if it generally satisfies its requirements, subject to various conditions. An applicant would then apply to Hong Kong Exchanges and Clearing Ltd. for listing approval, the SFC added.\nIn a statement, OSL Digital Securities Ltd. said it would provide custodial services for Bitcoin and Ether products from the China Asset Management unit as well as Harvest.\nThe crypto market got a boost from the latest developments. Bitcoin rose as much as 4.3% and Ether 6.5%. The tokens traded at $66,232 and $3,253 respectively as of 4:30 p.m. Monday in Hong Kong.\nSpot-crypto ETFs have been in the spotlight after Bitcoin funds from companies including BlackRock Inc. and Fidelity Investments debuted in the US in January. The portfolios have attracted a net inflow of $12.5 billion to date, demand that helped take the largest digital asset to a record high of $73,798 in mid-March. It’s unclear if the US will approve pending applications to start ETFs that directly hold second-ranked token Ether.\nIn-Kind Redemption\nHashKey Capital and Bosera said the Hong Kong spot-ETFs would have an in-kind subscription and redemption mechanism, where the underlying assets are swapped for ETF units and vice versa. That contrasts with the US funds, which operate on a cash redemption model.\nThe in-kind approach is a “potentially smoother and cheaper process” that may bolster the appeal of the Hong Kong products, said Justin d’Anethan, head of business development for APAC at Keyrock, a crypto market maker.\nThe big unknown is the likely level of demand for the city’s ETFs. Hong Kong already allows futures-based crypto ETFs and three have listed so far: CSOP Bitcoin Futures, CSOP Ether Futures and Samsung Bitcoin Futures. They have combined assets of about $170 million, a fraction of equivalent US offerings.\nAside from ETFs, Hong Kong is mulling a batch of applications to expand its roster of licensed digital-asset exchanges and working on a framework for stablecoins, which are usually pegged 1-1 to fiat currency and typically backed by reserves of cash and bonds.\n(Updates with more context on ETFs from the seventh paragraph.)\nMost Read from Bloomberg Businessweek\n• Aging Copper Mines Are Turning Into Money Pits Despite Demand\n• For Multinationals, Africa’s Allure Is Fading\n• Premiums Are Rising, and Insurers Say Lawsuits Are to Blame\n• A Very Bad Week for Tesla, Its Employees and Even Elon Musk\n• The AI Chatbot That Could Transform Business School Accreditation\n©2024 Bloomberg L.P.', '(Bloomberg) -- Hong Kong gave conditional approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.\nMost Read from Bloomberg\n• Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding\n• Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs\n• Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again\n• Elon Wants His Money Back\n• Singapore Loses ‘World’s Best Airport’ Crown to Qatar\nHarvest Global Investments Ltd. and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. announced initial approvals in separate statements on Monday.\nThe Hong Kong unit of China Asset Management said it had received approval from the city’s Securities & Futures Commission for the provision of virtual-asset management services and is deploying resources to develop products.\nHong Kong is vying with the likes of Singapore and Dubai to become a digital-asset hub after rolling out a dedicated regulatory regime last year. Officials are trying to restore the city’s reputation as a modern financial hub following a crackdown on dissent that dulled its allure.\nListing Approval Pending\nThe SFC said the agency issues a conditional authorization letter to an ETF application if it generally satisfies its requirements, subject to various conditions. An applicant would then apply to Hong Kong Exchanges and Clearing Ltd. for listing approval, the SFC added.\nIn a statement, OSL Digital Securities Ltd. said it would provide custodial services for Bitcoin and Ether products from the China Asset Management unit as well as Harvest.\nThe crypto market got a boost from the latest developments. Bitcoin rose as much as 4.3% and Ether 6.5%. The tokens traded at $66,232 and $3,253 respectively as of 4:30 p.m. Monday in Hong Kong.\nS Last 60 Days of Bitcoin's Closing Prices:* [51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-15 Financial & Commodity Data: - Gold Closing Price: $2365.80 - Crude Oil Closing Price: $85.41 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,769,726,788 - Hash Rate: 605510196.549041 - Transaction Count: 503358.0 - Unique Addresses: 666015.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Led by the BlackRock Inc.'siShares Bitcoin Trust (IBIT),inflows to the 10 spot bitcoin ETFs hit a one-day high on Tuesday of over $1 billion, according to the research arm of cryptocurrency exchange BitMex. IBIT generated nearly $850 million in inflows alone for the day. Since it started trading on Jan. 11, IBIT has received more than $11 billion in inflows, far surpassing the other nine issuers who received SEC approval a day prior to offer ETFs based on bitcoin's spot price. "Record inflow for Ten yest, first day over $1b net, $IBIT went crazy with $848m of it," wrote Bloomberg Senior ETF Analyst Eric Balchunas in a Wednesday post on Twitter/X. The latest inflows reflect the fierce demand for the new ETFs and widening interest in digital asset investments, particularly bitcoin, the largest cryptocurrency by market capitalization. Bitcoin was recently trading near $72,400, roughly flat over the past 24 hours but near the record high it set earlier this week, according to cryptocurrency data provider CoinMarketCap. Spot bitcoin ETFs hit their previous one-day high for inflows of $673 million in late February, according to BitMex. Balchunas noted that the 10 spot bitcoin funds have generated more than $11 billion in inflows since their unveiling. That total includes more than $11 billion that's been pulled from theGrayscale Bitcoin Trust (GBTC), according to BitMex data. That product differs from the other offerings: GBTC is a conversion from a long-standing bitcoin trust and charges a 1.5% fee, by far the highest among the new offerings. GBTC had $79 million in outflows on Tuesday, a small number compared to other days. In a Tuesday post, Balchunas wrote that $GBTC had the 2nd most outflows of any ETF in the last 15 yrs cumulatively." The 10 ETFs have accumulated more than $60 billion in assets under management (AUM) with IBIT accounting for more than $15 billion of that amount. Balchunas noted that the fund is "about tocrack the Top 100 ETFs by size." In an SEC disclosure last Friday,BlackRock revealedthat IBIT held almost 196,000 bitcoins, which for a brief period surpassed the holdings of MicroStrategy, a publicly traded software provider that pivoted its corporate strategy to acquire bitcoin. A weekend purchase by MicroStrategy subsequently gave the company larger bitcoin stores. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['(Changes word in paragraph 6 quote to \'cut\', not \'hike\')\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar hit a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising intervention worries as the yen languished at its lowest level since 1990.\nThe Chinese yuan stabilised after touching its lowest since November in early Asia trading after GDP data for China\'s first quarter beat expectations, a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nU.S. data on Monday showed retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.37 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to hit its weakest level in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed", after the dollar hit a 34-year high.\nThe yen last hovered around 154.40 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe offshore Chinese yuan fell to 7.2831 per dollar for its lowest mark since Nov. 14, before picking up after official data showed China\'s economy grew 5.3% in the first quarter year-on-year, comfortably beating analysts\' expectations.\nBut China\'s retail sales missed expectations, a worrying sign for consumer confidence and reflection of the economy\'s uneven recovery.\nElsewhere, the euro brushed $1.06070, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14.\nThe kiwi slipped to a five-month low of $0.58815.\nBitcoin fell 0.26% to $62,978.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates and Neil Fullick)', '• US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict.\n• The risk-off nature of Monday\'s market action sent the 10-Year Treasury yield to its highest level of 2024.\n• March retail sales data surged 0.7%, more than double consensus estimates of 0.3%.\nUS stocks reversed their Monday morning gains and finished the day considerably lower as investors worried about a potential escalation of the Israel-Iran conflict.\nIran fired hundreds of missiles and drones at Israel, but its defense system, in coordination with its allies,intercepted nearly all of the projectiles.\n"Iranian officials have said that this concludes the response and markets are hoping that the situation will de-escalate from here. However, this situation is by no means over and the back-and-forth headlines have continued throughout the day," NYSE market strategist Michael Reinking said.\nA sourcetold NBC Newsthat a retaliatory attack by Israel against Iran could be "imminent." Allies of Israel have cautioned the country from further escalating the conflict.\nSeparately, retail sales surged in March, growing 0.7%, more than double consensus estimates of 0.3%. The combination of solid retail sales data and the risk-off nature of the Israel-Iran conflict sent the 10-year Treasury yield to its highest level of 2024 and its highest level since November.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,061.82, down 1.2%\n• Dow Jones Industrial Average:37,735.11, down 0.7% (-248 points)\n• Nasdaq Composite:15,885.02, down 1.8%\nHere\'s what else happened today:\n• The average US home price could spike 20% to a record $500,000if the Fed cuts interest rates too soon, expert says.\n• Shares of Trump Media and Technology Group plunged nearly 20%after the company filed with the SEC to sell millions of shares.\n• Goldman Sachs reported its highest quarterly profit since 2021.Here\'s a break down of the results.\n• A Warren Buffett-signed sheet of uncut dollar bills sold at auction for $20,740 over the weekend.\n• Tesla stock fell 5% on Monday after the company initiated a wave of layoffs,reducing its workforce by about 14,000 employees as the company deals with weak EV demand.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 0.19% to $85.50 a barrel.Brent crude, the international benchmark, fell 0.27% to $90.21 a barrel.\n• Goldjumped 1.04% to $2,398.80 per ounce.\n• The 10-year Treasury yield climbed 9 basis points to 4.62%.\n• Bitcoindeclined by 3.43% to $63,506.\nRead the original article onBusiness Insider', 'By Hannah Lang\n(Reuters) - Could bitcoin\'s bumper rally just be getting started this year?\nThat\'s the question on the minds of cryptocurrency traders ahead of the upcoming bitcoin \'halving\', a change in the token\'s underlying blockchain technology that is designed to reduce the rate at which new bitcoins are created.\nPrevious bitcoin halvings in 2012, 2016 and 2020 were followed by massive rallies in its price: a year after the May 2020 bitcoin halving, bitcoin was up more than 545%.\nThe next halving is currently slated to occur on April 20, per data platform CoinGecko. But this time around, the market is split on whether bitcoin could be in for another meteoric rise.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half, making mining less profitable and slowing the production of new tokens. Some bitcoin enthusiasts say that bitcoin\'s enhanced scarcity gives it extra value.\nIn an April 8 report, Bitfinex analysts predicted bitcoin\'s price would soar about 160% in the 12-14 months after this year\'s halving, which they said could push bitcoin to an all-time high of more than $150,000.\n"This current cycle stands out from all the other previous cycles as the bitcoin price has already achieved a new all-time high - even before the halving. This anomaly could be interpreted as a bullish indicator, yet it also introduces a level of uncertainty into the market dynamics," the report said.\nDavid Mercer, CEO of LMAX Group, which operates an institutional crypto exchange, is among the skeptics: "The view from the grown-up market is this: 2012, 2016, 2020, the halving preceded a massive bull run, so the evangelist will tell you, 2024 is going to be the same. We think not."\nThe reason? Some analysts say the impact of the halving could have already been priced into bitcoin\'s recent move skyward. Bitcoin hit an all-time high in March at $73,803.25, and has risen more than 60% since Jan. 1 as investors cheered new U.S. spot bitcoin exchange-traded funds (ETFs) and bet on the entry of new institutional money into the asset class.\nThe bitcoin ETFs "brought in a tremendous amount of interest and net new flows into bitcoin preceding the halving event, whereas in the past, we\'ve seen price levels right after the halving event bring in those new flows," said Thomas Perfumo, head of strategy at crypto exchange Kraken.\nPRICED IN?\nHalvings happen approximately every four years, though, according to some analysts, it\'s difficult to rely on historical precedent. They say that a combination of factors outside of the halving could have contributed to bitcoin\'s rally in 2020, including looser monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies.\n"A sample size of three [halvings] is not necessarily large enough to be conclusive. It is also important to note that other bullish events in the industry contributed to the gains," researchers at crypto analytics firm Kaiko said in a note.\nStill, others say that the ETFs could just be one in a series of catalysts that could support bitcoin\'s price in the year following a halving. The U.S. Federal Reserve is widely expected to cut interest rates this year, which could boost risk assets such as cryptocurrencies.\n"You have a simultaneous influx of new money into the asset class, finally, by way of the ETF ... then there\'s also the Fed, indicating that they plan on easing monetary policy later this year," said Ravi Doshi, head of markets at FalconX, a crypto prime broker.\n"Assuming that inflation prints continue to stay muted, you have this recipe for significantly higher prices."\n(Reporting by Hannah Lang in New York; Editing by Vidya Ranganathan and Pravin Char)', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia business day, whileEther {{ETH}}is trading above $3000.\nThe CoinDesk 20, a measure of the world\'s largest and most liquid digital assets, is trading at 2,139, down 4%.\nCoinDesk\'s IndicesBitcoin Trend Indicator(BTI) has flipped to neutral from bullish, signaling a weakening of upside momentum. The BTI is a daily signal communicating the direction and strength of bitcoin\'s price trends through a purpose-built algorithm.\nThe Bitcoin BTI has been in an uptrend or significant uptrend zone since October 2023, when there were initial reports that major fund managers were in the final phase of discussions with the Securities and Exchange Commission (SEC) about the launch of spot bitcoin exchange-traded funds (ETF).\nEther\'s trend indicator has also hit neutral as well.\nMarket data showsthat on April 15, there were no outflows from any of the other bitcoin ETFs, aside from GBTC.\nLast week\'s total flow hit negative $82.5 million, most of which came from GBTC outflow.\n"Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion, averaging $3.2 billion per day," Matteo Greco, Research Analyst at Fineqia said in a note shared with CoinDesk. "The cumulative trading volume since inception now stands at around $212 billion, with an average daily trading volume of approximately $3.3 billion."\nMeanwhile, theprices of luxury watchescontinue to decline, according to a new report fromWatchcharts.comand Morgan Stanley.\n"Despite record performance in equity and crypto markets that may have helped to temporarily alleviate downward pressure on prices, second hand prices [for watches] continued to contract sequentially in 1Q," the report reads. We think it is premature to conclude that the secondary watch market is headed towards imminent recovery."\nThe report cites high inventory levels as a reason for the continued decline in market prices.', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia business day, whileEther {{ETH}}is trading above $3000.\nThe CoinDesk 20, a measure of the world\'s largest and most liquid digital assets, is trading at 2,139, down 4%.\nCoinDesk\'s IndicesBitcoin Trend Indicator(BTI) has flipped to neutral from bullish, signaling a weakening of upside momentum. The BTI is a daily signal communicating the direction and strength of bitcoin\'s price trends through a purpose-built algorithm.\nThe Bitcoin BTI has been in an uptrend or significant uptrend zone since October 2023, when there were initial reports that major fund managers were in the final phase of discussions with the Securities and Exchange Commission (SEC) about the launch of spot bitcoin exchange-traded funds (ETF).\nEther\'s trend indicator has also hit neutral as well.\nMarket data showsthat on April 15, there were no outflows from any of the other bitcoin ETFs, aside from GBTC.\nLast week\'s total flow hit negative $82.5 million, most of which came from GBTC outflow.\n"Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion, averaging $3.2 billion per day," Matteo Greco, Research Analyst at Fineqia said in a note shared with CoinDesk. "The cumulative trading volume since inception now stands at around $212 billion, with an average daily trading volume of approximately $3.3 billion."\nMeanwhile, theprices of luxury watchescontinue to decline, according to a new report fromWatchcharts.comand Morgan Stanley.\n"Despite record performance in equity and crypto markets that may have helped to temporarily alleviate downward pressure on prices, second hand prices [for watches] continued to contract sequentially in 1Q," the report reads. We think it is premature to conclude that the secondary watch market is headed towards imminent recovery."\nThe report cites high inventory levels as a reason for the continued decline in market prices.', '(Updates prices at 0500 GMT)\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.\nThe Chinese yuan edged marginally lower even after GDP data for China\'s first quarter beat expectations in a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nData on Monday showed U.S. retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.39 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to its weakest in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed".\nThe yen last hovered around 154.26 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe onshore yuan fell to 7.2422 per dollar to its lowest since November, before picking up after official data showed China\'s economy grew in the first quarter by 5.3% from a year earlier, comfortably beating analysts\' expectations.\nBut the country\'s retail sales missed expectations, a worrying sign for consumer confidence and a reflection of the economy\'s uneven recovery.\nThe yuan last stood at 7.2376 per dollar, with losses capped thanks to the upbeat gross domestic product (GDP) figures and state bank support.\nThe euro was at $1.060625, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14, while the kiwi similarly slid to a five-month low of $0.58735.\nBitcoin fell roughly 1% to $62,550.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates, Neil Fullick and Christian Schmollinger)', '• Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.\n• Flows into the U.S.-listed spot BTC ETFs have dried.\nThe analyst who predicted bitcoin’s {{BTC}} bottom inNovember 2022and the recentpre-halving surgeto record highs has turned bearish on risk assets, including technology stocks and cryptocurrencies.\n“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for risk assets,” Markus Thielen, founder of 10X Research, said in a note to clients Tuesday.\n“We sold all our tech stocks last night (at the open) as the Nasdaq is trading very poorly and reacting to the higher bond yield. We only hold a few high-conviction crypto coins. Overall, we are bearish risk assets (stocks + crypto).” Thielen added.\nTraders have recently scaled back pricing for 25 basis point Fed rate cuts this year to less than three from six at the beginning of the year, data from CMEGroup show.\nThe so-called hawkish repricing, spurred by sticky U.S. inflation and a resilient labor market and economy, has lifted the 10-year Treasury yield 40 basis points to 4.61% this month, the highest since November 2023. The sharp rise in the so-called risk-free rate has dented the appeal of investing in high-risk/high-return assets like technology stocks and cryptocurrencies.\n"Most of this 2023/2024 bitcoin rally is driven by expectations that interest rates would be cut, and this narrative is being seriously challenged now," Thielen noted, adding that inflows into the spot exchange-traded funds (ETFs) have dried.\nThe U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot BTC exchange-traded funds (ETFs) in January, allowing investors to take exposure to the cryptocurrency without having to own and store it.\nSince then, nearly $12 billion has flowed into these investment vehicles. However, most flows happened last quarter, powering the cryptocurrency higher, and the demand has faded this month.\nThe 5-day average of the net inflows into the spot ETFs has dropped to zero.\n"After an initial novelty hype, ETF flows tend to run out unless prices continue increasing—which they have not done since early March. With two—to 17% drawdowns, those investors might stay on the sidelines," Thielen explained.\nSome observers expect the correction to gather pace once the hype surrounding the Bitcoin network\'s quadrennial mining reward halving due on April 20 fades. The inbuild code will reduce the per-block coin emission to 3.125 BTC from 6.25 BTC, effectively halving the pace of supply expansion.\nBitcoin changed hands at $62,600, representing a 42% year-to-date gain,CoinDesk datashow. TheCoinDesk 20 Index, a broader market index, stood at 2119 points at press time, up 17% for the year.', '• Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.\n• Flows into the U.S.-listed spot BTC ETFs have dried.\nThe analyst who predicted bitcoin’s {{BTC}} bottom inNovember 2022and the recentpre-halving surgeto record highs has turned bearish on risk assets, including technology stocks and cryptocurrencies.\n“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for risk assets,” Markus Thielen, founder of 10X Research, said in a note to clients Tuesday.\n“We sold all our tech stocks last night (at the open) as the Nasdaq is trading very poorly and reacting to the higher bond yield. We only hold a few high-conviction crypto coins. Overall, we are bearish risk assets (stocks + crypto).” Thielen added.\nTraders have recently scaled back pricing for 25 basis point Fed rate cuts this year to less than three from six at the beginning of the year, data from CMEGroup show.\nThe so-called hawkish repricing, spurred by sticky U.S. inflation and a resilient labor market and economy, has lifted the 10-year Treasury yield 40 basis points to 4.61% this month, the highest since November 2023. The sharp rise in the so-called risk-free rate has dented the appeal of investing in high-risk/high-return assets like technology stocks and cryptocurrencies.\n"Most of this 2023/2024 bitcoin rally is driven by expectations that interest rates would be cut, and this narrative is being seriously challenged now," Thielen noted, adding that inflows into the spot exchange-traded funds (ETFs) have dried.\nThe U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot BTC exchange-traded funds (ETFs) in January, allowing investors to take exposure to the cryptocurrency without having to own and store it.\nSince then, nearly $12 billion has flowed into these investment vehicles. However, most flows happened last quarter, powering the cryptocurrency higher, and the demand has faded this month.\nThe 5-day average of the net inflows into the spot ETFs has dropped to zero.\n"After an initial novelty hype, ETF flows tend to run out unless prices continue increasing—which they have not done since early March. With two—to 17% drawdowns, those investors might stay on the sidelines," Thielen explained.\nSome observers expect the correction to gather pace once the hype surrounding the Bitcoin network\'s quadrennial mining reward halving due on April 20 fades. The inbuild code will reduce the per-block coin emission to 3.125 BTC from 6.25 BTC, effectively halving the pace of supply expansion.\nBitcoin changed hands at $62,600, representing a 42% year-to-date gain,CoinDesk datashow. TheCoinDesk 20 Index, a broader market index, stood at 2119 points at press time, up 17% for the year.', "Norway haspassednew legislation that will impose stricter regulations on data centers operating within the country. The legislation mandates the official registration of all data centers, requiring information about their owners, leaders, and the digital services they provide. Norway becomes the first European nation to establish such a comprehensive framework.\nNorway's move to regulate data centers follows the country's concerns over large greenhouse gas emissions associated with crypto mining. Terje Aasland, Norway's Minister of Energy, stated that they are not interested in businesses seeking to exploit Norway for cheap energy extraction. The primary objective of this legislation is to provide politicians with a clearer understanding of data centers in their municipalities. Aasland emphasized that the aim is to regulate the industry and have the ability to reject undesirable projects.\nWhile the legislation is not explicitly targeted at Bitcoin miners, it could potentially lead to increased scrutiny for them. This comes at a time when Bitcoin miners are already preparing for the upcoming halving event, which will reduce block issuance rewards by half, potentially impacting the profitability of mining operations. Currently, numerous Bitcoin mining firms are operating in northern Norway, attracted by the region's low electricity costs. A report from local media outlet Dagsavisen in 2023 revealed that crypto mining firms in this area consume nearly as much electricity as the entire district of Lofoten.\nWhile the government does not have an exact count of the number of Bitcoin mining firms in the country, the new legislation will provide valuable information to support Norway's digitalization plans. Karianne Tung, Norway's Minister of Digitalization and Public Governance, highlighted the significance of data centers that serve beneficial roles, such as storage servers, which are considered crucial for the country's social structure.", "Norway haspassednew legislation that will impose stricter regulations on data centers operating within the country. The legislation mandates the official registration of all data centers, requiring information about their owners, leaders, and the digital services they provide. Norway becomes the first European nation to establish such a comprehensive framework.\nNorway's move to regulate data centers follows the country's concerns over large greenhouse gas emissions associated with crypto mining. Terje Aasland, Norway's Minister of Energy, stated that they are not interested in businesses seeking to exploit Norway for cheap energy extraction. The primary objective of this legislation is to provide politicians with a clearer understanding of data centers in their municipalities. Aasland emphasized that the aim is to regulate the industry and have the ability to reject undesirable projects.\nWhile the legislation is not explicitly targeted at Bitcoin miners, it could potentially lead to increased scrutiny for them. This comes at a time when Bitcoin miners are already preparing for the upcoming halving event, which will reduce block issuance rewards by half, potentially impacting the profitability of mining operations. Currently, numerous Bitcoin mining firms are operating in northern Norway, attracted by the region's low electricity costs. A report from local media outlet Dagsavisen in 2023 revealed that crypto mining firms in this area consume nearly as much electricity as the entire district of Lofoten.\nWhile the government does not have an exact count of the number of Bitcoin mining firms in the country, the new legislation will provide valuable information to support Norway's digitalization plans. Karianne Tung, Norway's Minister of Digitalization and Public Governance, highlighted the significance of data centers that serve beneficial roles, such as storage servers, which are considered crucial for the country's social structure.", '• Mining stocks have underperformed bitcoin this year.\n• The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.\n• Some CEOs noted the potential for consolidation in the sector, Bernstein said.\nBitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker Bernstein said in a research report on Monday.\nThe underperformance has been caused by strong moves in spot bitcoin and exchange-traded funds (ETFs), which have sucked "retail liquidity" from mining stocks, and by concerns about the impact of the halving on miner revenues, analysts Gautam Chhugani and Mahika Sapra wrote.\nThequadrennial halvingis when miner rewards are reduced, slowing the rate of growth in bitcoin supply. The next halving is due aroundApril 19-20.\nThe broker interviewed the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR) and Hut 8 (HUT). The companies are in a relatively comfortable financial position this cycle and so are better prepared to withstand the impact of the halving, Bernstein said.\nThe "CEOs point to miner dollar revenues at all-time highs, providing a solid cushion to miners pre-halving," and they also noted the "relatively low debt on the balance sheet."\nSome of the CEOs highlighted the potential for miner consolidation, the report said.\n"The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead," the note said, adding that the "CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets."\nAnother notable change this time round has been application and layer 2 development on the Bitcoin blockchain, which has led to an increase in network fees that flow back to miners as incremental revenue streams, the report noted.\nRiot and CleanSpark expect to have doubled capacity by the end of the year, which will offset any impact of the halving, the report added.\nRead more:Bitcoin Halving Has Crypto Miners Racing for \'Epic Sat\' Potentially Worth Millions', '• Mining stocks have underperformed bitcoin this year.\n• The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.\n• Some CEOs noted the potential for consolidation in the sector, Bernstein said.\nBitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker Bernstein said in a research report on Monday.\nThe underperformance has been caused by strong moves in spot bitcoin and exchange-traded funds (ETFs), which have sucked "retail liquidity" from mining stocks, and by concerns about the impact of the halving on miner revenues, analysts Gautam Chhugani and Mahika Sapra wrote.\nThequadrennial halvingis when miner rewards are reduced, slowing the rate of growth in bitcoin supply. The next halving is due aroundApril 19-20.\nThe broker interviewed the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR) and Hut 8 (HUT). The companies are in a relatively comfortable financial position this cycle and so are better prepared to withstand the impact of the halving, Bernstein said.\nThe "CEOs point to miner dollar revenues at all-time highs, providing a solid cushion to miners pre-halving," and they also noted the "relatively low debt on the balance sheet."\nSome of the CEOs highlighted the potential for miner consolidation, the report said.\n"The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead," the note said, adding that the "CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets."\nAnother notable change this time round has been application and layer 2 development on the Bitcoin blockchain, which has led to an increase in network fees that flow back to miners as incremental revenue streams, the report noted.\nRiot and CleanSpark expect to have doubled capacity by the end of the year, which will offset any impact of the halving, the report added.\nRead more:Bitcoin Halving Has Crypto Miners Racing for \'Epic Sat\' Potentially Worth Millions', '• The Bored Apes Yacht Club NFT collection experienced a significant price decline of over 90%, dropping from a peak of 120 ETH to just over 10 ETH. This decline reflects a broader waning interest in Ethereum-based NFT collections.\n• Despite the hype and celebrity endorsements, the Bored Apes collection has seen a substantial decrease in value, with factors such as waning retail interest and the rise of newer collections on Bitcoin and Solana contributing to the decline.\nDigital artwork that wasonce the talk ofthe town is now selling at a 90% haircut compared to prices during its peak popularity in 2021, showcasing the fragility associated with viral crypto trends.\nThe minimum price of the non-fungible token (NFT) collection, Bored Apes Yacht Club (BAYC), is just over 10 ether {{ETH}} as of Tuesday, a stark drop from a lifetime average of 120 ether in May 2022.\nIt’s roughly the same decline in dollar terms as well. Ether was worth around $3,000 in May 2022 as it is in Asian morning hours on Tuesday – meaning a single NFT was worth over $400,000 then compared to just over $30,000 as of writing.\nDatafrom CryptoSlam shows trading volumes have generally remained around the $1 million daily mark since 2022. Nearly 20% of the collection is held byten individual wallets.\nThe decline comes alongside generally waning retail interest in Ethereum NFT collections,Google search datasuggests. Meanwhile, newer collections on Bitcoin and Solana have started to gain more interest among investors.\nBored Apes is a collection of 10,000 digital monkeys on the Ethereum blockchain. It features pictures of cartoon apes procedurally generated by an algorithm. Each monkey has certain traits—some more rare than others—that give it value.\nOwners are granted certain benefits, such as access to a private online club or in-person events. Using the NFT for a profile picture is also prominent as a show of wealth online.\nBored Apes amassed quick popularity in the 2021 bull market, with several prominent celebrities claiming to purchasethe NFTs for over $300,000 apiece. Popular rappers performed withtheir Bored Apes on virtual worlds, while singer Justin Bieber bought a Bored Ape deemed “rare”for over $1.2 million.\nHowever, in June 2023,reports suggestedthat crypto services company MoonPay may have gifted the Bored Apes to some of those celebrities, likely denting investor confidence. MoonPay denied the claims at the time.\nAs such, Bored Apes remains the top Ethereum NFT collection as of Tuesday, with a $340 millionmarket capitalization.', '• The broker said that ETFs are driving additional demand for the underlying crypto itself.\n• Sovereign wealth funds are already likely invested in bitcoin, Canaccord said.\n• More companies could follow MicroStrategy’s lead and start acquiring bitcoin, the report said.\nWhile there has been a lot of noise about how much assets under management (AUM) bitcoin {{BTC}} exchange-traded funds (ETFs) are attracting, it is now becoming obvious that these ETFs are driving additional demand for the underlying cryptocurrency itself, broker Canaccord Genuity said in a research report on Monday.\nThe broker held its 2024 Digital Assets Symposium last Thursday and hosted leaders from 29 crypto-related companies.\n“It is becoming clear now that there is a material multiplier effect also underway from the ETFs in driving additional demand for the underlying BTC spot itself,” analysts led by Joseph Vafi wrote.\nThe broker noted comments from Swan Bitcoin, a bitcoin-only investment advisor, which said it is “seeing a multiple-fold increase in demand for an underlying spot as the ETFs drive the BTC demand curve to the right, while the BTC supply curve can’t respond in kind.”\nCanaccord said that many investors, both retail and institutional, "Find the underlying BTC spot more attractive than ETFs given potentially more ways to hedge and generate yield on HODLs over time as the asset class matures.”\nIn the coming months, spot bitcoin ETFs will be added to multiple registered investment advisor (RIA) platforms and large broker/dealer wirehouses, and with this added distribution, “investment advisors that could more or less ignore bitcoin will now be forced to at least have an opinion” on the cryptocurrency, the report said.\nSome institutions, in particular sovereign wealth funds, are likely already invested in bitcoin, and Canaccord expects to see announcements from these types of investors in the next few months.\nNew FASB accounting standards, when combined with continued inflationary concerns, “could drive more enterprises to follow MicroStrategy (MSTR), at least modestly to look at BTC as an asset to hold on the corporate balance sheet,” the report added.\nRead more:Spot Bitcoin ETFs Are Just the Beginning for Wall Street', '• The broker said that ETFs are driving additional demand for the underlying crypto itself.\n• Sovereign wealth funds are already likely invested in bitcoin, Canaccord said.\n• More companies could follow MicroStrategy’s lead and start acquiring bitcoin, the report said.\nWhile there has been a lot of noise about how much assets under management (AUM) bitcoin {{BTC}} exchange-traded funds (ETFs) are attracting, it is now becoming obvious that these ETFs are driving additional demand for the underlying cryptocurrency itself, broker Canaccord Genuity said in a research report on Monday.\nThe broker held its 2024 Digital Assets Symposium last Thursday and hosted leaders from 29 crypto-related companies.\n“It is becoming clear now that there is a material multiplier effect also underway from the ETFs in driving additional demand for the underlying BTC spot itself,” analysts led by Joseph Vafi wrote.\nThe broker noted comments from Swan Bitcoin, a bitcoin-only investment advisor, which said it is “seeing a multiple-fold increase in demand for an underlying spot as the ETFs drive the BTC demand curve to the right, while the BTC supply curve can’t respond in kind.”\nCanaccord said that many investors, both retail and institutional, "Find the underlying BTC spot more attractive than ETFs given potentially more ways to hedge and generate yield on HODLs over time as the asset class matures.”\nIn the coming months, spot bitcoin ETFs will be added to multiple registered investment advisor (RIA) platforms and large broker/dealer wirehouses, and with this added distribution, “investment advisors that could more or less ignore bitcoin will now be forced to at least have an opinion” on the cryptocurrency, the report said.\nSome institutions, in particular sovereign wealth funds, are likely already invested in bitcoin, and Canaccord expects to see announcements from these types of investors in the next few months.\nNew FASB accounting standards, when combined with continued inflationary concerns, “could drive more enterprises to follow MicroStrategy (MSTR), at least modestly to look at BTC as an asset to hold on the corporate balance sheet,” the report added.\nRead more:Spot Bitcoin ETFs Are Just the Beginning for Wall Street', 'Greenfield site energized in 78 days, less than three months after breaking ground\nCost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profile\nMIAMI, April 16, 2024 (GLOBE NEWSWIRE) --Hut 8 Corp.(Nasdaq \| TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the energization of one third of its 63 MW site in Culberson County, Texas (“Salt Creek”). Hut 8 is phasing energization to maximize deployed hashrate pre-halving and will continue to energize the site in the coming weeks.\n“With Salt Creek, we gain critical control over our miner fleet and operating costs as we head into the halving,” said Asher Genoot, CEO of Hut 8. “Our outlook on energy prices at the site suggests that the potential for cost savings relative to our cost of mining at Kearney and Granbury is in line with the 30% reduction initially projected.”\nAs previously announced, Hut 8 relocated a portion of its most efficient hosted miners from Kearney and Granbury to Salt Creek in March to enable rapid energization of the new site. Hut 8 has deployed Reactor, its proprietary energy curtailment software, to automate site operations, ensure that miners hash when profitable, and reduce the site’s realized cost of energy.\n“I am incredibly proud of our team for delivering a standard-setting performance at Salt Creek,” said Genoot. “What we have achieved in 78 days, including the removal of more than 25,000 miners from Kearney and Granbury in eight days, is a testament to our market-leading capabilities, work ethic, and ability to execute. We remain on track to deliver an incredibly cost-effective buildout: Our expected all-in cost of $275,000 per megawatt or less represents a 40% savings versus recent acquisitions in the area. As demonstrated with Salt Creek, we will continue to act decisively to strengthen and grow our self-mining business.”\nAbout Hut 8\nHut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp.’s portfolio comprises eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five\xa0high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario.\xa0For more information, visitwww.hut8.comand follow us on X (formerly known as Twitter) at @Hut8Corp.\nCautionary Note Regarding Forward–Looking Information\nThis press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the buildout of Salt Creek, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.\nStatements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks, malicious actors or botnet obtaining control of processing power on the Bitcoin network, further development and acceptance of the Bitcoin network, changes to Bitcoin mining difficulty, loss or destruction of private keys, increases in fees for recording transactions in the Blockchain, erroneous transactions, reliance on a limited number of key employees, reliance on third party mining pool service providers, regulatory changes, classification and tax changes, momentum pricing risk, fraud and failure related to digital asset exchanges, difficulty in obtaining banking services and financing, difficulty in obtaining insurance, permits and licenses, internet and power disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols, uncertainty about the acceptance or widespread use of digital assets, failure to anticipate technology innovations, climate change, currency risk, lending risk and recovery of potential losses, litigation risk, business integration risk, changes in market demand, changes in network and infrastructure, system interruption, changes in leasing arrangements, failure to achieve intended benefits of power purchase agreements, potential for interrupted delivery, or suspension of the delivery, of energy to the Company’s mining sites, and other risks related to the digital asset and data center business. For a complete list of the factors that could affect the Company, please see the “Risk Factors” section of the Company’s Transition Report on Form 10-K for the transition period from July 1, 2023 to December 31, 2023, available under the Company’s EDGAR profile atwww.sec.gov, and Hut 8’s other continuous disclosure documents which are available under the Company’s SEDAR+ profile atwww.sedarplus.caand under the Company’s EDGAR profile atwww.sec.gov.\nContacts\nHut 8 Investor Relations\nSue [email protected]\nHut 8 Media Relations\nEoin [email protected]', 'Shares ofCoinbase Global(NASDAQ: COIN)have been on a stunning run during the past several months. The cryptocurrency trading platform has been a beneficiary as more investors have easy access toBitcoin, and the leading cryptocurrency has increased in value.\nThat led one analyst to give Coinbase stock a big price target boost last week. But that doesn\'t meanMizuhoanalyst Dan Dolev thinks you should buy the stock. Even after raising his firm\'s target price from $84 to $145 per share, the analyst says to sell the stock. That\'s because the new price target represents almost a 40% drop from Coinbase\'s recent share price.\nDolev\'s huge bump in the target price for Coinbase stock comes after the shares soared nearly 90% during the past three months. The Securities and Exchange Commission (SEC) recently approved exchange-traded funds (ETFs) for spot Bitcoin. That has created more interest inowning the cryptocurrency.\nBut Dolev thinks that interest has become an unsustainable frenzy. His higher price target is an acknowledgement of the boost in crypto trading volumes. Coinbase collects trading fees, so the increased activity has boosted its revenue.\nDolev noted, however, that despite "a favorable near-term setup, our long-term fundamental concerns remain." Those concerns include competitive pressure that could hurt fee income, and "lower quality" trading of smaller crypto tokens.\nEven Coinbase Chief Financial Officer Alesia Haas acknowledged in an interview withBarron\'sthat "when our stock rallies, it is a reflection of the broader sentiment around the future of crypto more than a reflection of Coinbase financials or our near-term financial performance."\nThat broader sentiment has given something of an artificial boost to Coinbase shares. Additionally, investors who purchase Bitcoin ETFs don\'t need to use Coinbase as an exchange. Those factors lend support to Dolev\'s view that investors would be wise to take profits after Coinbase\'s recent stock gains.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 15, 2024\nHoward Smithhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n1 Wall Street Analyst Thinks Coinbase Stock Is Going to $145. Is It a Sell?was originally published by The Motley Fool', 'Longest survival follow-up ever reported for immunotherapy treatment in this setting\nWILMINGTON, Del., April 16, 2024--(BUSINESS WIRE)--Updated exploratory results from the TOPAZ-1 Phase III trial showed AstraZeneca’s IMFINZI®(durvalumab) in combination with standard-of-care chemotherapy demonstrated a clinically meaningful long-term overall survival (OS) benefit at three years for patients with advanced biliary tract cancer (BTC).\nThese results from TOPAZ-1, which are the longest survival follow-up ever reported for a global, randomized Phase III trial in this setting, will be presented on April 18 at the 2024 Cholangiocarcinoma Foundation Conference in Salt Lake City, Utah.\nAt more than three years (median follow-up of 41.3 months), results showed IMFINZI plus chemotherapy reduced the risk of death by 26% versus chemotherapy alone (based on a hazard ratio [HR] of 0.74; 95% confidence interval [CI], 0.63-0.87). The median OS was 12.9 months for IMFINZI plus chemotherapy versus 11.3 months for chemotherapy alone. More than twice as many patients on the IMFINZI-based regimen were alive at three years versus chemotherapy alone (14.6% versus 6.9%).\nThe TOPAZ-1 trial met the primary endpoint of OS inOctober 2021at a planned interim analysis, showing that the combination reduced the risk of death by 20% versus chemotherapy alone (based on a HR of 0.80; 95% CI, 0.66-0.97; 2-sided p=0.021 at a statistical significance threshold of 0.03).\nDo-Youn Oh, MD, PhD, Professor, Division of Medical Oncology, Department of Internal Medicine at Seoul National University Hospital and Seoul National University College of Medicine, and principal investigator in the trial, said: "The latest data from TOPAZ-1 show that twice as many patients Last 60 Days of Bitcoin's Closing Prices: [52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-16 Financial & Commodity Data: - Gold Closing Price: $2390.80 - Crude Oil Closing Price: $85.36 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,217,401,788,938 - Hash Rate: 708575761.9190906 - Transaction Count: 454669.0 - Unique Addresses: 743368.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: FrxETHRedemptionTicket, an Ethereum-based NFT collection, has emerged as the top performer in the non-fungible token market over the past 24 hours, with sales reaching US$4.64 million, marking a 480% increase. This sales boost helped propel Ethereum to the top of the day’s blockchain rankings, CryptoSlam data shows. Ethereum collections dominated the charts on Wednesday, as three collections claimed the top three spots. Ethereum’s Azuki collection experienced a 263% increase in sales, amounting to US$1.54 million, the second most in the market, with transactions up by 2.67%. Azuki is the NFT market’s eighth all-time sales leader with US$1.1 billion Bored Ape Yacht Club (BAYC), another Ethereum stalwart, saw a slight uptick of 51% in sales, reaching US$1.51 million for the day’s third rank. On the Bitcoin platform, $JIGO BRC-20 NFTs also enjoyed a rise, with sales climbing 3.65% to US$1.33 million and transactions growing by 92%. Mad Lads, a Solana-based collection that led yesterday’s sales, recorded US$1.32 million with an 18% sales decrease. Despite the dip, Mad Lads managed to stay in the top five. Froganas, another Solana-based collection that topped the rankings earlier this week continued to fall, adding on to Tuesday’s 20% sales decrease. On Wednesday, it barely hung on in the top 10 after dropping 2.8% to US$658,014. The Captainz, an Ethereum-based collection of 9,999 NFTs, trailed close behind at 11th with US$631,276.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks inched higher on Tuesday, despite hawkish comments from Fed Chairman Jerome Powell.\n• Powell noted little progress in combatting inflation, suggesting higher-for-longer interest policy.\n• Treasury bond yields hit another record high for 2024.\nUS stocks were mixed on Tuesday, with equities wavering after the latest comments from Federal Reserve Chairman Jerome Powell cast doubt on the potential for interest rate cuts this year.\nSpeaking during a panel, the central bank chief said that more confidence was needed in the trajectory of US inflation, which has remained stubbornly high in recent readings.\n"More recent data shows solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2% inflation goal," he said.\nHis comments sent long-dated Treasury yields spiking to another 2024 record, indicating that investors are growing convinced about a higher-for-longer monetary regime.\nFed fund futures are nowpricing inthe first rate cut for September, instead of the long-touted June timeline.\n"Fed Chair Powell moved more decidedly in a hawkish direction as he essentially underscored that the downward trajectory of inflation has essentially stalled," Quincy Krosby, \xa0Chief Global Strategist for LPL Financial, said. "Moreover, he made it clear - rather than his more ambiguous stance regarding a rate easing timetable - that the \'higher for longer\' narrative remains intact."\nStocks were propped up throughout the day by strong corporate earnings, with a majority of S&P 500 companies having so far beaten estimates. Rallying on Tuesday were Morgan Stanley and UnitedHealth, which grew nearly 3% and 6%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,051.33, down 0.21%\n• Dow Jones Industrial Average: 37,798.77, up 0.17% (+63.66 points)\n• Nasdaq Composite: 15,865.25, 0.12%\nHere\'s what else is happening today:\n• Donald Trump\'s social media firm is plummeting in markets. Here\'s how hisTruth Social users feel about the steep losses.\n• Theshuttering of a massive Panama mineis a key element behind copper\'s surging price.\n• Gold could jump another 25%on rising geopolitical tensions and falling interest rates, Citi says.\n• A bullishstock market signal just hinted at 19% upsideby August 2025, Bank of America says.\n• A perfect Fed \'no landing\' wouldn\'terase a possible 10% correction stock risk, Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose a modest 0.01% to $85.42 a barrel.Brent crude, the international benchmark, slipped to $89.92 a barrel.\n• Goldincreased by 0.45% to $2,393 per ounce.\n• The 10-year Treasury yield climbed three basis points to 4.663%.\n• Bitcoindropped by 0.9% to $62,998.\nRead the original article onBusiness Insider', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'By Guy Faulconbridge and Lidia Kelly\nMOSCOW (Reuters) -The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.\nTelegram, based in Dubai, was founded by Russian-born Durov, who left Russia in 2014 after he refused to comply with demands to shut down opposition communities on his VK social media platform, which he sold.\n"We\'ll probably cross one billion monthly active users within a year now," Durov, who fully owns Telegram, told U.S. journalist Tucker Carlson according to a video interview posted on Carlson\'s account on the X social media platform.\n"Telegram is spreading like forest fire."\nDurov, who is estimated by Forbes to have a fortune of $15.5 billion, said some governments had sought to pressure him but the app, which has now 900 million active users, should remain a "neutral platform" and not a "player in geopolitics".\nOne of Telegram\'s main rivals, Meta Platforms\' WhatsApp, has more than two billion monthly active users. The Financial Times reported in March that Telegram would likely aim for a U.S. listing once the company had reached profitability.\nTelegram, which is particularly influential in the republics of the former Soviet Union, is ranked as one of the major social media platforms, after Facebook, YouTube, WhatsApp, Instagram, TikTok and Wechat.\nAfter Russia launched its full-scale invasion of Ukraine in 2022, Telegram has become the main source of unfiltered - and sometimes graphic and misleading - content from both sides about the war and the politics surrounding the conflict.\nINFORMATION WARS\nDurov said he came up with the idea of an encrypted messaging app as a way to communicate while he was under pressure in Russia. His younger brother, Nikolai, designed the encryption.\nDurov said he left Russia because he could not accept orders from any government, and dismissed a question about claims that Telegram was controlled by Russia as a false rumour spread by his competitors worried about Telegram\'s growth.\n"I would rather be free than to take orders from anyone," Durov said about his exit from Russia and search for a home for his company which included stints in Berlin, London, Singapore and San Francisco.\nHe said the bureaucracy, especially for hiring global talent, in those places was too onerous and that he was attacked on the street in San Francisco by men who tried to steal his phone.\nMore alarming, he said, he received too much attention from U.S. security agencies including from the Federal Bureau of Investigation (FBI). He said U.S. agencies tried to hire one of his engineers to find a backdoor into the platform. The FBI did not reply to a request for comment out of U.S. business hours.\nWhen it comes to freedom of speech, though, he said the biggest challengers were not governments but major competitors such as Apple and Alphabet\'s Google.\n"Those two platforms, they could basically censor everything you can read, access on your smart phone," Durov said, adding that they had told Telegram that if it failed to comply with their guidelines then it would be removed from their stores.\nHe said he had opted for the United Arab Emirates as it was a "neutral country" that wants to be friends with everyone and was not aligned with any of the superpowers, so he felt it was the best place for a "neutral platform".\nTelegram, he said, was used by both opposition campaigners and governments but would take no sides.\n"The competition of different ideas can result in progress and a better world for everyone," Durov said.\nHe said that, beyond money or Bitcoin, he had no major property such as real estate, jets or yachts, as he wanted to be free.\n(Reporting by Lidia Kelly in Lisbon and Guy Faulconbridge in Moscow; Editing by Christopher Cushing and Mark Potter)', 'Bitcoin(CRYPTO: BTC)gained 116% over the past year amid a resurgence in risk assets driven by an increasingly optimistic economic outlook. Other factors contributing to those returns include the recent approval of spot Bitcoin ETFs and the upcoming halving of Bitcoin mining rewards, estimated to occur on April 16, 2024.\nSeveral Wall Street analysts think those factors will drive the cryptocurrency even higher in the future, but Anthony Scaramucci, Tom Lee, and Cathie Wood are among the most bullish. Their forecasts imply upside ranging from 525% to 5,800% from the current price of $64,000.\nRecently approvedspot Bitcoin ETFsoffer direct exposure to Bitcoin without the friction of cryptocurrency exchanges. That could be a game changer. By letting investors consolidate accounts (i.e., no separate accounts for cryptocurrency) and eliminating high transaction fees, spot Bitcoin ETFs could greatly increase demand.\nMeanwhile, Bitcoin mining rewards will be reduced by 50% in April 2024. Halving events are coded into the blockchain protocol to ensure Bitcoin supply never exceeds 21 million, and they occur about once every four years. The upshot is that, by cutting issuance in half, the event will leave miners with 50% less Bitcoin to sell over the next four years, thereby diminishing selling pressure.\nAnthony Scaramucci is the founder and managing partner at SkyBridge Capital, an alternative asset manager that specializes in hedge funds, digital assets, private equity, and real estate. Scaramucci was an early investor in theiShares Bitcoin ETFbyBlackRock, and he made a few interesting comments during an interview with YouTube host Scott Melker earlier this year.\nWhen questioned about his prediction that Bitcoin could exceed $170,000 by 2025, Scaramucci called it a data-dependent estimate based on Bitcoin consistently quadrupling during the 18-month period following halving events. Reuters quoted a similar comment from Scaramucci ahead of the World Economic Forum\'s meeting in January. "Whatever the price is on the day of the halving in April, multiply it by four, and it\'ll reach that price in the next 18 months."\nBitcoin is now worth $64,000, bringing Scaramucci\'s 18-month forecast to $256,000. Interestingly, there is a precedent for large price increases during the 18 months after halving events.\n[{"Bitcoin Halving": "November 28, 2012", "Price (at Halving)": "$13", "Price (18 Months Later)": "$572", "Return": "4,300%"}, {"Bitcoin Halving": "July 9, 2016", "Price (at Halving)": "$647", "Price (18 Months Later)": "$14,919", "Return": "2,205%"}, {"Bitcoin Halving": "May 11, 2020", "Price (at Halving)": "$8,821", "Price (18 Months Later)": "$65,061", "Return": "638%"}]\nData source: StatMuse, YCharts. Note: Bitcoin prices have been rounded to the nearest dollar.\nScaramucci also told Melker, "My long-term price target is that Bitcoin gets to easily half of the market capitalization of gold." Gold had a market capitalization of $14.5 trillion at the time, so Bitcoin could eventually have a market capitalization of $7 trillion to $8 trillion, according to Scaramucci. That would bring the price to $400,000, implying 525% upside.\nScaramucci concluded by saying, "It would be ridiculous for people not to understand the asset, not to understand the dynamics of it as a store of value, and not to have a position."\nTom Lee is a managing partner and the Head of Research at Fundstrat Global Advisors, a research company that provides insight to institutional investors, wealth advisors, pension funds, family offices, and high-net-worth individuals. Previously, Lee served as chief equity strategist atJPMorgan Chasebetween 2007 and 2014.\nSpeaking on CNBC\'sSquawk Box, Lee recently said Bitcoin could hit $150,000 this year and $500,000 within five years. He pointed to several catalysts to explain his estimate. "You\'ve got demand improving with the [spot Bitcoin] ETF, you have the supply shrinking with the halving, and if monetary policy eases, which we expect, you know that\'s supportive of risk assets," Lee said.\nLee is not alone in thinking Bitcoin can reach $500,000 in the future, a forecast that implies 681% upside from its current price. In 2022,MicroStrategyCEO Michael Saylor said the cryptocurrency could reach half a million in the next decade.\nCathie Wood is the CEO and Chief Investment Officer at Ark Invest, an asset manager focused on disruptive innovation. Last year, Ark published avaluation model that priced Bitcoin near $1.5 million by 2030. The firm updated its estimate following the approval of spot Bitcoin ETFs earlier this year. Wood shed some light on the new outlook at the Bitcoin Investor Day conference last month.\n"The analysis we\'ve done is that if institutional investors were to allocate a little more than 5% of their portfolios to Bitcoin, as we think they will over time, that alone would add $2.3 million to the projection I just gave you," Wood said. In short, Ark believes Bitcoin could reach $3.8 million ($1.5 million plus $2.3 million) as institutions invest in the cryptocurrency, and the firm believes spot Bitcoin ETFs will drive those investments. That estimate implies more than 5,800% upside.\nConsultancy PwC says institutional assets under management (AUM) will reach $145 trillion by 2025. Using that number, Ark\'s model suggests that spot Bitcoin ETFs will capture $8 trillion in institutional assets at some point in the future. That might take a while. Spot Bitcoin ETFs have $56 billion in AUM, but 90% of inflows have come from retail investors. That leaves $6 billion in AUM attributable to institutions, so they would need to up their Bitcoin allocation 1,333-fold to hit Ark\'s threshold.\nAnchoring to forecasts is dangerous. There is absolutely no guarantee Bitcoin moves one penny higher from where it currently trades. However, Bitcoin has outperformed virtually every asset class over the last five years, and the catalysts I discussed could certainly drive its price higher over the next five.\nIndeed, the recent launch of spot Bitcoin ETFs has already been a monumental success. The funds issued by BlackRock and Fidelity saw more inflows during their first month of trading than any ETFs in history, according to Eric Balchunas at Bloomberg. And the iShares Bitcoin ETF by BlackRock reached $10 billion in assets faster than any ETF in history, according toThe Wall Street Journal.\nHere\'s the bottom line: Cryptocurrencies are volatile and there is no guarantee any of them will be worth more in the future. But I think patient investors comfortable with risk should allocate a percentage of their portfolios to Bitcoin. Ark Invest recently published a Sharpe Ratio analysis suggesting an allocation of 19.4% was optimal last year, but I would limit exposure to 5%.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $526,933!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Red-Hot Cryptocurrency to Buy Now. It Could Soar 525% to 5,800%, According to Certain Wall Street Analysts.was originally published by The Motley Fool', 'The firm aims to build a tokenizedstaking marketplace for institutional investors to improve yield performance in their funds\nCOPENHAGEN, Denmark,April 17, 2024/PRNewswire/ --Northstake, a regulated custodial virtual asset service provider offering compliant staking products for institutions, has announced the launch of a tokenizedETHstaking pilot on theEthereumtestnet, Holesky. The pilot is conducted in collaboration with leading digital asset manager 3iQ, a Canadian investment fund manager, alongside CoinFund and CoinDesk Indices, contributing CESR™, the composite ether staking rate. Industry-leading liquidity providers are currently onboarding with Northstake and will be announced shortly.\nNorthstake demonstrates the capability of tokenized staking to allow regulated institutions to liquidate theirEthereumvalidator nodes within hours instead of days, while satisfying regulators\' requirements. Northstake envisions a frictionless marketplace for tokenized Web3 infrastructure and expects the Holesky testnet launch to pave the way for a Mainnet launch later this year.\nPascal St-Jean, President of 3iQ, stated, "We are happy to be an early testing partner with Northstake on tokenizedETHstaking. Our goal is to significantly improve the capital efficiency of ourETHfunds in a regulatory-compliant manner."\nInstitutional interest inEthereumstaking and other digital assets has been steadily increasing over the past few years, with68% of investors indicating intentions to start stakingor increase their staked amounts following theShanghaiupgrade. As ofApril 2024, more than$109 billionworth ofETHhas been staked on the chain, with institutional investors among the largest cohorts of participants. Northstake\'s pilot with 3iQ caters to a specific demand from institutional investors for the rapid liquidation of staked Ether in compliance with regulatory requirements.\nJesper Johansen, Founder and CEO of Northstake, said, "We are looking forward to supporting 3iQ on several initiatives from our stronghold inEurope. In the short term, tokenized staking aims to improve capital efficiency in staking funds by increasing the assets they are allowed to stake. In the long run, tokenized staking opens up unprecedented opportunities for institutions to join a fully regulated marketplace for Web3 infrastructure."\nNorthstake intends to leverage CoinDesk\'s\xa0standardized USD-denominated reference rate for spot Ether and the Composite Ether Staking Rate to ensure transparent settlement prices between buyers and sellers.\nAlan Campbell, President of CoinDesk Indices, commented, "CESR, which the marketplace has adopted for benchmarking,\xa0 OTC derivatives, and research, is ready to\xa0enhance stability and risk management in staking products like those offered by Northstake."\nCoinFund, a Web3 and cryptonative\xa0investment firm and registered investment adviser, recognizes the regulatory considerations that exist for fund managers when engaging in staking.Chris Perkins, President of CoinFund, remarked, "We are excited about tokenized staking as one of the pathways to regulatory-compliant staking for exchange-traded funds like 3iQ and other financial institutions. This is facilitated by having an institutional reference rate for thecryptoasset class,\xa0like CESR."\nAs a next step, Northstake is in talks with digital asset ETF providers and liquidity providers, and is onboarding new partners to expand its offerings and customer base. Additionally, Northstake is actively negotiating the distribution of tokenized staking solutions with leading digital asset custodians.\nSince beginning operations in 2021, Northstake has experienced remarkable growth. Having raised$3Min funding in 2023, the company has since announced collaborations with Fireblocks, Chainalysis,NEAR Protocol,Flare Network, andPolygon. Coupled with its expanding network presence and strong financial backing, the company is well-positioned for further growth and success.\nJesper Johansen, CEO & Founder of Northstake is available for interviews.\nAbout Northstake A/SNorthstake A/Sis a regulated, custodial, virtual asset service provider offering compliant staking products for institutions. Northstake offers a variety of investment vehicles including single, multi-asset, thematic staking, and yield-generating products in addition to a suite of OTC and algorithmic trading services. Based inDenmark, Northstake acts as a bridge between traditional finance and thecryptoworld, simplifying and securing the way institutions invest incrypto. Through its proprietary multi-chaincryptostaking platform, it carves out accessible pathways for investors to build yield-generatingcryptoproducts, giving investors the opportunity to be part of building the economies of tomorrow. Northstake A/S (VASP, FTID: 17520) is regulated under the Danish Financial Supervisory Authority (DFSA) and the 5th EU Anti-Money Laundering Directive (AMLD5) and have recently achieve initial approval for its VASP licens under Virtual Asset Regulatory Authority (VARA) inDubai.\nAbout 3iQFounded in 2012, 3iQ is one of the world\'s leading digital asset investment fund managers, offering investors convenient and familiar investment products to gain exposure to digital assets. 3iQ Corp. was the first Canadian investment fund manager to offer publicbitcoininvestment funds: TheBitcoinFund, and the 3iQBitcoinETF, as well as public ether investment funds: The Ether Fund, and the 3iQ Ether Staking ETF. To learn more, visit3iq.io.\nAbout CoinFundCoinFund is one of the world\'s first cryptonative investment firms and a registered investment adviser founded in 2015. The firm champions the leaders of the new internet, powered by foresight as active investors to achieve extraordinary outcomes. CoinFund invests in seed, venture, and liquid opportunities within the blockchain sector with a focus on digital assets, decentralization technologies, and key enabling infrastructure. For more information, visitCoinFund.io,LinkedInor join us onX.\nAbout CoinDesk IndicesCoinDesk Indices has led the digital asset revolution, empowering global investors since 2014. Our indices are the cornerstone of the largest digital asset products worldwide. Precision-driven and compliant, indices like the CoinDesk 20 set the standard for measuring, trading, and investing incrypto. Over$30Bin assets are benchmarked to CoinDesk Indices\' products. CoinDesk Indices\' trend signals empower smart beta and alpha-seeking strategies. Ready to achieve your digital asset goals? Visit coindeskmarkets.com for more.\nView original content:https://www.prnewswire.com/news-releases/northstake-announces-tokenized-staking-on-ethereum-testnet-with-3iq-coinfund-and-coindesk-indices-302119375.html\nSOURCE Northstake', 'Metaverse Market\nDublin, April 17, 2024 (GLOBE NEWSWIRE) -- The"Metaverse - Global Strategic Business Report"report has been added toResearchAndMarkets.com\'soffering.Global Metaverse Market to Reach $980.5 Billion by 2030The global market for Metaverse estimated at US$90 Billion in the year 2023, is projected to reach a revised size of US$980.5 Billion by 2030, growing at a CAGR of 34.8% over the analysis period 2023-2030.\nThe concept of "phygital" represents the convergence of the physical and digital worlds, marking a significant milestone in humanity\'s journey towards digitalization. At the forefront of this evolution is the metaverse, a virtual space where individuals interact and engage with digital environments in real-time.\nMetaverse Software, one of the segments analyzed in the report, is projected to record 33.9% CAGR and reach US$588.9 Billion by the end of the analysis period. Growth in the Metaverse Hardware segment is estimated at 37.9% CAGR for the next 8-year period.\nThe metaverse holds immense importance as it blurs the lines between reality and virtuality, offering endless possibilities for communication, commerce, and entertainment. Signs indicate that the metaverse is rapidly gaining traction, with various stakeholders eyeing its potential. The metaverse value chain comprises key constituents such as technology providers, content creators, and platform operators, all contributing to its growth. The market outlook for the metaverse is promising, driven by factors like the dominance of desktop platforms and the gaming sector.The U.S. Market is Estimated at $38.5 Billion, While China is Forecast to Grow at 38.5% CAGR\nNorth America leads the charge in the metaverse market, with significant contributions from companies across the globe. Recent market activity reflects the growing momentum towards building the future of the metaverse, with influencers offering valuable insights into its potential and trajectory.The Metaverse market in the U.S. is estimated at US$38.5 Billion in the year 2023. China, the world\'s second largest economy, is forecast to reach a projected market size of US$128.3 Billion by the year 2030 trailing a CAGR of 38.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 30.4% and 31.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 33.8% CAGR.Key Attributes:\n[{"Report Attribute": "No. of Pages", "Details": "475"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2030"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$90 Billion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2030", "Details": "$980.5 Billion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "34.8%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}]\nMETAVERSE - WATCHING THE FUTURE AS IT UNFOLDS TODAY\n• The Future Has Arrived. Physical & Digital Worlds Converge to Mark the Consummation of Humanity\'s Tryst With Digital\n• "Phygital" is the New Era\n• A Peek Into All Things "Phygital"\n• What is Metaverse & Why is it Important?\n• Who\'s Eyeing the Metaverse?\n• Signs that the Metaverse is Catching Up\n• The Metaverse Value Chain\n• Main Constituents of Metaverse Value Chain\n• Global Market Prospects & Outlook\n• Halcyon Days Ahead for Metaverse Market with Salient Drivers & Opportunities\n• Desktop to Emerge Into a Dominant Platform for Metaverse: Global Metaverse Market Share Breakdown (In %) by Platform for Years 2020 and 2027\n• Gaming to Remain the Largest Application Area for Metaverse: Global Metaverse Market Share Breakdown (In %) by Application for Years 2020 and 2027\n• North America Remains at the Heart of Metaverse Market\n• Competition\n• Metaverse - Global Key Competitors Percentage Market Share in 2023 (E)\n• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)\n• Companies Contribute to Building Future of Metaverse\n• Recent Market Activity\n• Influencer Insights that Matter the Most: Here are What Top Voices are Saying About the Emerging Concept of Metaverse & Its Future\nMARKET TRENDS & DRIVERS - WHAT\'S BUZZING IN THE MARKET\n• From Sci-Fi to Reality! What Are the Technologies "Under the Hood" That Are Powering the Metaverse?\n• AR/VR/MR/XR in the Spotlight\n• As AR/VR Technologies Evolve, Successful Implementation of These Technologies in the Metaverse to Gain Momentum\n• AR Glasses Are Vital for Creating Our Futuristic Mixed Reality Universe: Global Market for Smart Augmented Reality (AR) Glasses (In \'000 Units) for the Year 2021, 2023, 2025 and 2027\n• Powering the Metaverse with Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR): Global AR, VR & MR Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Artificial Intelligence (AI) Is Indispensable in Creating the Metaverse\n• Role of AI in the Metaverse\n• Artificial Intelligence (AI) to Provide the Smart Platform & Allied Functionalities for the Metaverse: Global AI Annual Revenues (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Digital Twins Also Features in the Metaverse Technology Mix\n• Role of Digital Twins in the Metaverse\n• Digital Twins Helps Converge the Physical & Digital in the Metaverse: Global Opportunity for Digital Twins (In US$ Million) for Years 2021, 2023, 2025 & 2027\n• The Internet & Its Decades of Evolution Provides the Foundation for the Metaverse\n• Success of Metaverse & Its Scale of Impact Depends Upon Extensiveness of Optical Fiber Based Broadband Network Architecture: Global Opportunity for Fiber to the X (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Rapid Developments in 5G Technology Space to Fastrack Metaverse Initiatives\n• Metaverse: The Latest Tech Trend Poised to Transform Businesses\n• Top Trends That Will Impact Metaverse in 2022 and Beyond\n• Buzzing Trends with Potential Role in Ensuring Strong Foundation for Metaverse\n• Venture Capital Funding Craze Settles Down on Metaverse\n• Venture Capitalists Focus on Metaverse Industry\n• Facebook\'s Decision to Change Name to "Meta" Marks the Beginning of Metaverse as a New Revolution in Social Technology\n• How Can Facebook (Meta) Benefit from Creating New Immersive Digital Experiences?\n• Metaverse to Impact Consumer Lives & Industry to Become an Integral Fabric of Society & Industry. Here\'s Why Businesses Should Care About Metaverse\n• Scale of Impact Too Unprecedented to Ignore!\n• Metaverse in Manufacturing. A Factory in the Metaverse What Benefits Will it Bring?\n• Microsoft Right on Track to Build the Future Metaverse\n• Immersive Digital Twins to Offer Increased Business Value to Enterprises\n• Metaverse, What Does it Mean for Future of Work\n• The Future of Work Isn\'t What It Used to Be! Here\'s How It Has Come to Pass\n• How Has the Workforce Changed?\n• Returning to the Office: % Share of Employees Preferring Various Types of Work Arrangements\n• Maybe the Most Interesting Change is Yet to Come? Are We Ready to Shift from WFH to WFM?\n• Make Way! Here Comes Metaverse Gaming\n• Video Games: The Earliest Known Experience of Living in a Simulation\n• With Rapid Growth of Video Games Industry, Metaverse Breaking into Gaming Industry to Translate into Enormous Market Opportunity: Global Opportunity for Video Games (In US$ Billion) for Years 2021, 2023, 2025 & 2027\n• Will Gaming in the Metaverse Be Any Different From the Immersive Gaming We All Have Come to Know, Experience & Appreciate?\n• Will "Crypto" Become the Currency of the Metaverse?\n• What is Cryptocurrency & How Is it Used Today?\n• Top Cryptocurrencies Worldwide by Market Capitalization ($ Million) as of Aug 2022\n• A New Role for Crypto as the Trading Currency in the Metaverse\n• Here\'s Why Cryptocurrencies Lie at Heart of Metaverse\n• Blockchain & Crypto are Perfect Fit for Metaverse\n• Metaverse Developments Trigger Massive Price Gains/Surge for Cryptocurrencies\n• Metaverse is Poised to Emerge Into the Future of Social Media\n• Here\'s How Social Media Has Become an Integral Part of Our Lives?\n• What Will Be the Impact of Metaverse On Social Media?\n• NFTs Emerge as the New Revenue Model for Metaverse\n• Brands Scramble to Create Their Own NFTs - Here\'s Why\n• Role of Blockchain in Metaverse Gets Bigger as NFTs Grow?\n• Blockchain Rises like a Phoenix from the Ashes of Bitcoin\n• Metaverse Without Blockchain. Is It Even Possible?\n• It is Increasingly Clear that Metaverse Cannot be Built Without Blockchain Technology: Global Opportunity for Blockchain Technology (In US$ Billion) for Years 021, 2023, 2025 and 2027\n• The Direct to Avatar Economy (D2A) is it the Future of Direct-to-Consumer (DTC)?\n• Direct Marketing & Its Benefits as We Know It Today\n• How Will Metaverse Change this Status Quo?\n• How Should Retailers/Brands Adopt?\n• The Low Hanging Fruit. A Decade Long Robust Growth Has Ripened e-Commerce as the Prime Area for Monetization in the Metaverse\n• The Spectacular Rise of eCommerce and mCommerce: A Review\n• Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023\n• Will Metaverse Take e-Commerce to the Next Level?\n• Here\'s How Metaverse Will Transform E-Commerce & Retail\n• Are e-Commerce Experiences Ready for the Metaverse & How Can Marketers & Brands Prepare for the Metaverse?\n• Meta Provides an All-Inclusive Study for Students\n• Metaverse is Changing the Consumer Goods and Retail industry\n• Metaverse, Cybersecurity & Privacy. How Will This Landscape Look Like?\n• Systemic Threats Could Debilitate Metaverse\n• Sprucing up Metaverse to Overcome Privacy Blockers\n• Risks of Identity Fragmentation and Data Privacy concerns Necessitate DeFi Networks\n• Will Metaverse Save the World? Exploring Metaverse & its Promise of Enabling Sustainability\n• Metaverse Claims to Aid Humanity Achieve Sustainability Goals\n• Environmental Benefits of Metaverse\n• Spatial Computing to Mitigate Climate Change\n• Amid the Hype Surrounding Metaverse & Environmental Sustainability, What\'s the Real Truth? What is the Carbon Footprint of the Metaverse?\n• NFTs Mired under Climate Controversy\n• The Exhaustive Process of Creating a Cryptocurrency is Energy Intensive & Detrimental to the Goals of Sustainability: Energy Consumed (In Kilowatt Hours) Per Cryptocurrency Transaction\n• Major Challenges Facing Metaverse\n• Hype Aside. Metaverse Will be a Challenging Environment/World to Create?\n• Why Metaverse Should be Open Source?\nFOCUS ON SELECT PLAYERS(Total 90 Featured)\n• Accenture PLC\n• Adobe Inc.\n• Capgemini SE\n• EON Reality, Inc.\n• Alibaba Group Holding Limited\n• Deloitte Touche Tohmatsu Ltd.\n• Alibaba Cloud\n• 3i Inc.\n• Animoca Brands\n• Antier Solutions Pvt Ltd\n• Decentraland\n• Appinventiv\n• DevDen Creative Solutions\n• Electronic Arts, Inc.\n• Dapper Labs Inc.\nFor more information about this report visithttps://www.researchandmarkets.com/r/lp1d6v\nAbout ResearchAndMarkets.comResearchAndMarkets.com is the world\'s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\nAttachment\n• Metaverse Market\nCONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900', "• Ether's 90-day puts are more expensive than calls on Deribit for the first time since January, according to Amberdata.\n• The sentiment is relatively bullish in the bitcoin options market.\nCrypto investors are now betting that Ethereum's native token, ether {{ETH}}, will drop in value over the next three months.\nThat's the message from the call-put skew, an options-market measure that reveals what traders are willing to pay to hedge or acquire an asymmetric payout from bullish or bearish price moves.\nThe three-month ETH call-put skew flipped negative early today for the first time since January, indicating a bias for put options expiring in 90 days, according to data source Amberdata and crypto exchange Deribit. Puts offer protection to the buyer against price slides, while calls do the opposite.\nETH's 60-day skew fell to -3%, the lowest since October, following the seven-day and 30-day gauges lower.\nSentiment in the bitcoin market, however, remains relatively bullish. The 60-, 90- and 180-day BTC calls remain more expensive than puts. Ether's 180-day skew also shows a slight bullish bias.\nThe relative bearish pricing in the ether options market is consistent with the recentdeath cross patternin the ether-bitcoin ratio, which signaled protracted ether underperformance.", "New York City, NY, April 17, 2024 (GLOBE NEWSWIRE) -- The markets have been bleeding out over the past couple of days, with both\xa0Bitcoin\xa0(BTC) and\xa0Ethereum\xa0(ETH) experiencing a 2% dip in their prices. However, amidst this downturn,Furrever Token(FURR)has emerged as a bright spot, surpassing the significant milestone of $800,000 during its sixth presale stage. This contrast highlights the dynamic nature of the cryptocurrency landscape, where while some major players face temporary setbacks, newer projects like FURR demonstrate resilience and potential for growth.\nBitcoin Faces Geopolitical Headwinds Amidst Price Volatility: Dipped 3.4% Since Yesterday\nBitcoin's recent attempt at recovery was abruptly halted yesterday afternoon following renewed geopolitical risks, causing the digital asset to turn downwards once again. The largest cryptocurrency witnessed a 3.4% decline, retracing its gains from the previous day and closing around the $63,400 mark. Today, Bitcoin briefly dipped to the $61,000 range before bouncing back to the $63,000 zone with the opening of the European session. Amidst continued volatile movements in the Bitcoin market, significant liquidations persist in futures crypto trading, with $274 million worth of positions closed in the past 24 hours, 200 million of which were long positions, indicating investors' maintained optimism despite the downward trend.\nExternally-driven news dominates the Bitcoin market, with a brief upward movement towards $66,000 seen after the Hong Kong news yesterday, but this positive development was short-lived. However, investors are keeping a close eye on the upcoming halving event scheduled for April 20th, anticipating its potential impact on Bitcoin's supply dynamics and market sentiment.\nEthereum Faces Crucial Support Levels Amid Market Turmoil\nAmidst a widespread selloff in the cryptocurrency market, Ethereum (ETH) faces scrutiny as its price dips by 2% to approximately $3,059, according to coinmarketcap.com. With attention turning to critical support levels, renowned crypto analyst Ali Martinez highlights a pivotal zone between $2,000 and $2,430, where 9.37 million addresses collectively hold nearly 53 million ETH. Martinez's analysis underscores the significance of this range in determining Ethereum's price direction amidst market volatility.\nDespite the downturn, optimism persists within the crypto community, buoyed by recent regulatory approvals such as Hong Kong's green light for Bitcoin and Ethereum ETFs. Moreover, the anticipation surrounding the upcoming Bitcoin Halving event adds intrigue, although concerns over short-term volatility linger. As investors navigate uncertain terrain, Martinez's insights offer valuable guidance, emphasizing the importance of monitoring market dynamics and expert analyses.\nAmidst the price dip, Ethereum's one-day trading volume remains near the flatline at $22.42 billion, with the ETH price down 7.48% over the last 24 hours and nearly 16% over the last seven days. The Ethereum Futures Open Interest has also declined by 6.01% to $10.91 billion, indicating ongoing market turbulence.\nFurrever Token (FURR): Riding the Wave of Market Downturn with Resilience\nDespite the broader market downturn,Furrever Token (FURR)stands out as a beacon of resilience, navigating the choppy waters of the crypto landscape with unwavering momentum. Surpassing the significant milestone of $800,000 during its sixth presale stage, FURR demonstrates a remarkable ability to thrive amidst market volatility. This success can be attributed to the project's unique value proposition, centered around infusing the crypto space with an irresistible dose of cuteness. By leveraging the universal appeal of adorable cat imagery, FURR offers users a one-of-a-kind experience that transcends traditional use cases, capturing hearts and garnering enthusiastic support from its growing community.\nAt the heart of FURR's appeal lies its commitment to creating a whimsical and heart-warming crypto ecosystem. From cute cat-themed stickers and emojis to captivating visuals, every aspect of the project is meticulously designed to evoke joy and foster a sense of camaraderie among users. This emphasis on community building extends beyond mere aesthetics, as FURR actively cultivates a warm and inclusive environment where members can connect, share experiences, and revel in the shared love for all things adorable.\nCentral to FURR's success is the active engagement of both its team and community members. With a shared vision and a passion for spreading happiness through crypto, the FURR community is united in its pursuit of creating a more enjoyable and fulfilling experience for all participants. Whether through lively discussions on social media channels or collaborative efforts to support the project's growth, every member plays a vital role in shaping the future of Furrever Token.\nAs of now, FURR is trading at a price of $0.00048 and holds the potential for up to 15X returns, offering investors an enticing opportunity to capitalize on its unique value proposition and strong community engagement.\nIs Furrever Token (FURR) Legit?\nFurrever Token (FURR) boasts legitimacy with an audited smart contract, a planned PancakeSwap launch, and no buy/sell tax. Team token lock-up and community-driven governance further enhance credibility. With nearly 4,000 Telegram members,[email protected] the sole trusted email address for communications, safeguarding against potential scams.Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, April 17, 2024 (GLOBE NEWSWIRE) -- The markets have been bleeding out over the past couple of days, with both\xa0Bitcoin\xa0(BTC) and\xa0Ethereum\xa0(ETH) experiencing a 2% dip in their prices. However, amidst this downturn,Furrever Token(FURR)has emerged as a bright spot, surpassing the significant milestone of $800,000 during its sixth presale stage. This contrast highlights the dynamic nature of the cryptocurrency landscape, where while some major players face temporary setbacks, newer projects like FURR demonstrate resilience and potential for growth.\nBitcoin Faces Geopolitical Headwinds Amidst Price Volatility: Dipped 3.4% Since Yesterday\nBitcoin's recent attempt at recovery was abruptly halted yesterday afternoon following renewed geopolitical risks, causing the digital asset to turn downwards once again. The largest cryptocurrency witnessed a 3.4% decline, retracing its gains from the previous day and closing around the $63,400 mark. Today, Bitcoin briefly dipped to the $61,000 range before bouncing back to the $63,000 zone with the ope Last 60 Days of Bitcoin's Closing Prices:* [51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-17 Financial & Commodity Data: - Gold Closing Price: $2371.70 - Crude Oil Closing Price: $82.69 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,315,687,450 - Hash Rate: 588332602.3206996 - Transaction Count: 385606.0 - Unique Addresses: 661886.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for masterminding a fraud that cost investors, lenders and customers $11bn (£8.7bn). At a sentencing hearing in New York, Judge Lewis Kaplan said Bankman-Fried had shown “never a word of remorse for the commission of terrible crimes” and “exceptional flexibility with the truth” during the trial. If he serves his full sentence, the one-time “Crypto King” will be 57 years old by the time he leaves prison. Judge Kaplan told the 32-year-old, who stood in court wearing beige prison overalls, that his “punishment must fit the seriousness of the crime”. Bankman-Fried, who had pleaded not guilty, had faced apossible sentence of up to 110 years in prison, while US prosecutors had called for between 40 and 50 years. On Thursday, Judge Kaplan said Bankman-Fried’s crimes contributed to losses to $8bn in customers losses and around $3bn for investors and lenders. He also declared Bankman-Fried had attempted to tamper with a witness in the run up to the trial and had given false evidence to the court. He added of Bankman-Fried’s witness testimony: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” The prison term comes after Bankman-Fried wasfound guilty of syphoning off billions of dollars in customer funds from FTXto fund high risk investments and luxury purchases. The jury took just four hours to find him guilty on all counts in November Speaking ahead of the sentencing, Bankman-Fried said he “made a lot of mistakes” and “caused a lot of damage”. He added: “My useful life is probably over.” His lawyers said he plans to appeal the jury verdict. The rise of FTX, at one point valued at $32bn,made Bankman-Fried a billionaire by the age of 30. The cryptocurrency business, which enjoyed celebrity endorsements from the likes of American football star Tom Brady, was the second biggest cryptocurrency exchange prior to its collapse. FTX filed for bankruptcy in late 2022 after a multibillion-dollar black hole was uncovered in its accounts, and Bankman-Fried was quickly arrested in the Bahamas before being extradited to the US. During the trial, the jury heard how FTX executives engineered a secret software back door to divert customer cash for funding high risk deals at a sister hedge fund. Bankman-Fried was also accused of spending millions of pounds on property in the Bahamas and on political donations. A self-proclaimed “effective altruist”, Bankman-Fried supposedly intended to make as much money as possible to give to good causes. However, at last year’s trial his former friends and colleagues, including his ex-girlfriend Caroline Ellison, gave evidence against him after pleading guilty to US prosecutors. Bankman-Fried, however, insisted on his innocence and protested he had simply made mistakes. On Thursday, he admitted customers had suffered and apologised to former colleagues, adding the failure of the business “haunts me every day”. Bankman-Fried’s lawyers pleaded fora more lenient sentencebecause of their client’s alleged autism, mental health and philanthropic endeavours. Speaking to the court on Thursday, they raised his veganism during a final plea to the judge, and called the former FTX boss an “awkward math nerd” and a “beautiful puzzle”. They had suggested a penalty of less than six years behind bars. In a filing earlier this month, they accused US officials of a “medieval view of punishment… a death in prison sentencing recommendation”. On Thursday, his lawyer, Marc Mukasey, insisted Bankman-Fried was “not a ruthless financial serial killer”. His lawyers had insisted his crimes did not compare to those of financier Bernie Madoff, who was sentenced to 150 years in prison in 2009 for his operation of a decades-long, $65bn Ponzi scheme. They also protested that many FTX customers would be returned much of the money they had deposited with the exchange prior to its collapse. Despite filing for bankruptcy, many of FTX’s investments and assets have since soared in value asthe price of Bitcoin has spiked. It also holds an investment in fast-growing artificial intelligence start-up Anthropic. In sentencing remarks, Judge Kaplan dismissed this argument. He said: “The assertion that customers and creditors will be paid in full is misleading.” He added: “A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole.” Many customers have had their savings locked up for over a year, disrupting their lives and putting them in financial peril. While the value of Bitcoin has climbed in recent months to more than $70,000, the bankruptcy estate only expects to pay out customers at the price of their digital coins as of November 2022, with FTX creditors arguing they effectively be short changed. Among hundreds of victim statements, one testified: “My whole life has been destroyed. I have two young children, one born right before the collapse. I still remember the weeks following where I would stare blankly into their eyes, completely empty inside knowing their futures have been stolen through no fault of our own.” Thanks for joining us and do tune in again next week after the Easter bank holiday weekend. Boots has said weight-loss is the most popular and fastest growing service on its ‘Online Doctor’ website, as people race to try to get their hands on obesity drugs. The company, which runs virtual consultations via its ‘Online Doctor’ website to prescribe people treatments including contraceptive pills, said weight-loss was its most in-demand service. Drugs such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro are available via the website, although they are prescription only with people going through clinical assessments to see if they need treatments. Boots says it also offers 10-week weight loss programmes and WeightWatchers offers to those with excess weight. Obesity jabs have, however, been in huge demand over the past year after studies suggest people can lose a fifth of their weight. Boots said sales were up in its retail stores by 5.9pc in the three months to the end of February. London stocks ended the March quarter on a buoyant note, boosted by a positive update from sportswear retailer JD Sports. The FTSE 100 was up by around 0.3pc, while the FTSE 250 gained 0.4pc, coming as data confirmed that Britain’s economy entered shallow recession in 2023. JD Sports on Thursday hit an almost-three month high, with shares jumping by 16pc on signs the sportswear market was not worsening. The company said profits would be in line with its guidance from January, when it was forced to slash forecasts following weaker Christmas sales. Peel Hunt analysts said they expected that “things will get better as the comp eases, shoppers find their feet, and crucially, a more compelling product pipeline emerges”. Meanwhile Adnams has hired the first female chief executive in its history, promoting Jenny Hanlon from the CFO post. The Suffolk beer and spirit company, which was founded in 1872, said Ms Hanlon would be taking over from Andy Wood at its annual general meeting in June. Ms Hanlon said: “This is a hugely exciting time to be taking the reins from Andy.“The Adnams brand is cherished and championed by colleagues and customers, in its heartland of the East of England, across the wider UK and throughout dozens of countries around the world.” It comes weeks after the brewer said it had hired advisors to explore funding options for its future growth plans, pointing to challenges across the hospitality and brewing industries. Superdry is looking at options to exit the London market, after it said its founder would not make a takeover offer but could seek to delist the company. The retailer said Julian Dunkerton, who is also its chief executive, was no longer in talks over a take-private deal, citing the “ongoing work on its turnaround plan and material cost saving options” which meant they had concluded this was not the right move. However, Superdry said Mr Dunkerton remained in talks over a possible seperate transaction, by which it would look to raise fresh cash from shareholders, including potentially its founder. This possible fund-raise would be fully underwritten by Mr Dunkerton which would provide extra cash for its turnaround plans. It would be at a “very material discount” to its current share price and be conditional on the company delisting. Chinese property giant Country Garden has delayed the release of its results as the country’s housing crisis escalates. Country Garden said it would not be able to publish its results on time, meaning its shares are expected to be suspended from next Tuesday. It blamed the “continuous volatility of the industry” for the delay, saying: “The operating environment the group is confronting is becoming increasingly complex.” Country Garden said it needed more time to collect information to make the appropriate account estimates and judgments in its results. It follows turmoil in the Chinese housing market, which has been rocked by a spate of bankruptcies following a regulatory crackdown in the country on how much developers could borrow. The price of Bitcoin is up around 2pc and trading at north of $70,000, close to record highs achieved earlier this month. The recovery in the price of digital currencies was a key talking point during the trial as Bankman-Fried’s lawyers argued his victims could likely get much of their money back. Having been sentenced, the FTX founder has also been ordered to forfeit $11bn he stole as part of the crime. Bankman-Fried stood with his hands together before him as the sentence was read out. The convicted fraud’s lawyers had sought to insist his crime was not akin to that of Bernie Madoff, the financier whose Ponzi scheme cost investors billions. Madoff was sentenced to 150 years in prison. Sam Bankman-Fried has been sentenced to 25 years in prison. Handing out his sentence, Judge Kaplan said it is the judgment of the court that you are sentenced to 240 months then consecutive 60, for a total of 300 months, equating to 25 years. Judge Kaplan said that Sam Bankman-Fried was “evasive” when he told lies and “hair splitting - trying to get prosecutors to rephrase questions for him”. He said: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” Judge Kaplan is speaking again. He said Bankman-Fried is “a high achieving autistic person”. He added that Bankman-Fried “had been exceptionally ambitious” and “wanted to be a hugely politically influential person in his country”. Judge Kaplan said that “this was a huge financial crime”. He added that Bankman-Fried was a “man willing to flip a coin as to the continued existence of life on earth”. Bankman-Fried was aware that “Alameda [FTX’s sister hedge fund] was spending customer funds on risky investments, political contributions and Bahamas real estate”, the judge said. “The funds were not his to use.” He added: “He knew it was wrong... He knew it was criminal. He regrets that he made a very bad bet about the likelihood of getting caught - but he is not going to admit a thing, as is his right.” Assistant United States Attorney Nicolas Roos told the Manhattan Court that victims of Bankman-Fried’s fraud “lost their life savings”. He described the financial instability faced by a man who lives in Portugal whose daughter was born the day before FTX’s bankruptcy. He talked about a 23-year-old eldest son in Morocco who kept money on FTX “not to loan it out to the defendant”. He said the defendant took $1.7bn from investors, which taken alone necessitates a long sentence. He said: “Some get 40 or more years for that alone.” He added: “You have the defendant’s cost / benefit analysis which would allow him to do it again... if Bankman-Fried thought mathematics justified it, he’d do it again.” Bringing a close to his statement at the hearing, Sam Bankman Fried said customers “will finally get paid” the current value of assets following the collapse of FTX. He said he understands how prosecutors the court and the media view him adding: “I was trying to help - that’s not how the prosecutors saw it... that’s that.” He said he customers, lenders and investors would receive the “current value of assets” from FTX and he wished he “had been able to do more to help that”. He ended: “There is an opportunity to do what I thought I would do for the world, not what I ended up doing. “If people do what they can for the world, hopefully I can see their success not just my own failures. Thank you.” Sam Bankman-Fried has admitted he was “responsible at the end of the day” for the failure of FTX customers. He told the court in Manhattan during his sentencing hearing that the trading platform’s users “mostly have been failed, by more people than I can count, not least of all myself”. He said: I was the CEO of FTX, I was its leader, that means I was responsible at the end of the day. Sam Bankman-Fried admitted he “made a lot of mistakes” as he spoke during his sentencing hearing which could result in him facing decades behind bars. He admitted that customers “weren’t paid back” and that his FTX cryptocurrency exchange “didn’t survive that”. He acknowledged his actions had “caused a lot of damage” and admitted customers “could have been paid back”. He said the liquidity crisis at FTX, which led to its collapse, “was in part my doing”. Sam Bankman-Fried is addressing the courtroom for the first time at his sentencing hearing. The disgraced crypto tycoon said he does not know whether “the most important thing today is my emotion life or hypothetical future kids”. He said he agreed with most of what victim Sunil Kavuri told the court earlier in the hearing about “what they’ve gone through”. He said he “threw away” what his colleagues at FTX had built. “They were let down. I’m sorry about that,” he told the court. “I’m sorry about what happened at every stage. Things I should have done and said, thing I shouldn’t have. I care about everything too.” Barbara Fried, the mother of FTX’s former chief executive Sam Bankman-Fried, believes her son is misunderstood, his lawyer has said. Marc Mukasey told the Manhattan Court that his client “never sought out to be the king of crypto” and just “wanted to have the largest positive impact in the world”. He added: His mother says there’s a terrific sadness at his core. Sam Bankman-Fried’s lawyer Marc Mukasey said his client is “an awkward math nerd”. He told the court: “He’s into veganism. He has an off the chart intellect. He is a beautiful puzzle. “He can parse words better than a Talmudic scholar. He was a billionaire unconcerned about material possessions.” Sam Bankman-Fried’s lawyer Marc Mukasey said Sam Bankman-Fried “did not want to personally inflict pain on anyone in any way” as he carried out his fraud. He told the Manhattan court that Bankman-Fried “was not a ruthless financial serial killer. He wasn’t predatory”. He said: “He makes decisions with math in his head, not malice in his heart.” Victim Sunil Kavuri is now addressing the Manhattan courtroom, having flown in from London. He said at least three people have died by suicide as a result of the FTX fraud. He said: I’d like to address the argument that the loss was zero. They continue to claim that in the media. It is false. Mr Kavuri said the token is being sold to FTX’s own clients - Galaxy - and it is “destroying customer value”. “This is our property,” he said. He added: “What I feel, how it relates to Sam, it has hurt me. Other co-conspirators, aiders and abetters, need to be held accountable.” Judge Kaplan has indicated that the sentencing he hands out will be severe. He said he finds that the Mr Bankman-Fried “gave perjured testimony at trial” and “falsely testified that until the Fall of 2022 he had no knowledge that Alameda had spent FTX customer funds”. “He falsely testified that he first learned of the $8bn in October 2022.” Judge Kaplan said: “Finally he falsely testified that repayment of third party loans by Alameda would require Alameda to borrow more customer funds from FTX.” He added: “I have limited my findings on obstruction to support the finding - there may be more. “The total offense level is 60 - once you cross 43, it cannot go higher. The guideline is life in prison. But the maximum is 1,320 months in this case.” Judge Kaplan said that Sam Bankman-Fried’s texts to a former general counsel “did in fact constitute attempted witness tampering”. Prosecuters said the crypto tycoon reached out to the “current general counsel of FTX US who may be a witness at trial”. Judge Kaplan said: “On obstruction of justice, I find that Mr. Bankman-Fried’s text to the former general counsel did in fact constitute attempted witness tampering.” Judge Kaplan has begun speaking in the Manhattan Court, rejecting the defence’s argument that Sam Bankman-Fried’s fraud was in fact a victimless crime. He said the assertion that customers and creditors will be paid in full “is misleading,” adding that the defendants equate loss with dollar volume in the bankruptcy case. He said investors and lenders were also injured parties. He said: “The crimes here included taking FTX customer money to which defendant had no right and using it no speculative investments by Alameda and a variety of other things.” He added that a “fortuitous run-up in the value of some cryptocurrencies bears no relation to the gravity of the crimes that were committed”. He said: “A thief who takes his loot to Las Vegas and successfully bets is not entitled to a sentencing reduction.” That is the case even if it is paid back. Judge Kaplan said that the suggestion “that people will be paid back is speculative”. He finds that the loss amount readily exceeds $550m, which is the top tier. He found investors lost $1.7bn, lenders lost $1.3bn, and customers lost $8bn. John Ray, FTX’s current chief executive, told the US court last week that Bankman-Fried’s claims that the failure of FTX was effectively victimless are “categorically, callously, and demonstrably false”. In a witness statement ahead of sentencing, Mr Ray, a restructuring expert who handled the failure of Enron, wrote: “Customers still will never be in the same position they would have been had they not crossed paths with Mr Bankman-Fried and his so-called brand of ‘altruism.’” He added: Mr Bankman-Fried continues to live a life of delusion. Sam Bankman-Fried has arrived in Manhattan District Court wearing light brown jail uniform. The courtroom is full. His parents arrived earlier this afternoon. Victims of the FTX fraud have provided hundreds of witness statements to the Manhattan Court ahead of the sentencing hearing, detailing the impact its failure and their frozen funds have had on their lives. Many are furious their funds have been out of reach even as cryptocurrency prices have surged. “I experienced a significant loss due to the crimes that caused the FTX collapse. They were not victimless,” writes one. “They significantly impacted my and my family’s financial stability.” Another says: “Our faith in FTX, bolstered by SBF’s celebrity and political endorsements, has been shattered, leaving us to suffer the consequences of his actions. The ordeal has underscored the reality of our misplaced trust and the ongoing struggle to recover from this financial setback.” A third writes: My whole life has been destroyed. I have two young children, one born right before the collapse. Barbara Fried, the mother of FTX’s former chief executive Sam Bankman-Fried has arrived at Manhattan District Court for his sentencing. Ahead of today’s hearing, Sam Bankman-Fried’s lawyers have been arguing for a lenient jail term of as little as six years, writesMatthew Field. In legal filings, Mr Bankman-Fried’s lawyers have urged the judge to implement a more lenient sentence because of his client’s autism, mental health and philanthropic endeavours. His lawyers described calls by prosecutors for a 100-year sentence as “barbaric” and “grotesque”. “Sam suffers from anhedonia, a severe condition characterised by a near-complete absence of enjoyment, motivation, and interest,” the filing said. “He has been that way since childhood.” Thames Water’s leadership must “carry the can” for the company’s shortcomings and not pass higher bills onto consumers after successive management teams failed to invest enough, Michael Gove has said. Asked about the water company by broadcasters, the Communities Secretary said: I think the leadership of Thames Water has been a disgrace. I think for years now we have seen customers of Thames Water taken advantage of by successive management teams that have been taking out profits and not investing as they should have been. Today’s sentencing comes after Bankman-Fried was found guilty of seven charges of fraud and conspiracy by a Manhattan jury in November, after deliberating for just four hours. Our senior technology reporterMatthew Fieldhas a recap of of the legal proceedings: The guilty verdict followed amonth-long trialwhere former FTX executives pleaded guilty to fraud charges and testified against him. Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is awaiting his sentencing today over his conviction for stealing $8bn from customers of the now-bankrupt FTX exchange he founded. The 32-year-old faces the prospect of decades behind bars after a jury found him guilty in November on seven fraud and conspiracy counts. His sentencing before US District Judge Lewis Kaplan in Manhattan will mark the culmination of Bankman-Fried’s downfall from an ultra-wealthy cryptocurrency entrepreneur and major political donor to US authorities’ biggest trophy to date in a crackdown on wrongdoing in digital asset markets. He faces a statutory maximum of 110 years, but will likely receive less. Prosecutors are seeking a prison sentence of 40 to 50 years for what they say was one of the biggest financial frauds in US history. On the currency markets, the pound fell slightly after official figures confirmed Britain entered a recession in the second half of last year. Sterling was last down 0.1pc, but was still on course for a gain this week against the dollar, ahead of key US inflation data on Friday. The pound was up 0.2pc against the euro, which traded at 85p. Action in the currency market has been dominated this week by the prospect of the Bank of Japan intervening to buy the yen, which has hit its weakest since 1990 against the dollar. The pound also fell against the yen, dropping 0.1pc to 190.92, having hit its highest against the Japanese currency since August 2015 this week. It came as UK GDP shrank by 0.1pc in the third quarter and by 0.3pc in the fourth quarter, unchanged from preliminary estimates, the Office for National Statistics said. Two-year gilts, the most sensitive to changes in rate expectations, have fallen 25 basis points in March, heading for their first monthly drop since November. Futures markets show traders see a roughly 20pc chance of the Bank of England cutting rates at its next meeting in May, although June’s meeting is still the most likely point, with a 55pc chance. In more positive corporate news, electronics retailer AO World has increased its profit guidance after “clear progress” over the past year. Shares in the London-listed company rose by more than 13pc after its latest upgrade, having already improved its earnings outlook in November last year as its cost-cutting actions bear fruit. The retailer, which counts Mike Ashley’s Frasers Group as a major shareholder, has cut a number of jobs and closed its German business as part of its turnaround plan. Today AO told shareholders it expects adjusted pre-tax profits “at least” at the top of its previous guidance, of between £28m and £33m for the year to March 31. It added that it expects to report revenues of around £1.04bn for the year, after its core business returned to growth in the final quarter. Thames Water customers will fund a bailout for the struggling utility company and get nothing in return, a peer has warned. Lord Sikka said “shareholders will get dividends, customers big bills” as the company’s chief executive Chris Weston refused to rule out raising bills by 40pc. The Professor of Accounting at the University of Sheffield tweeted: Caroline Lucas, the only Green MP, has said the latest developments at Thames Water show it must be nationalised: Thames Water is the worst performing supplier in England and Wales, recording thehighest number of serious sewage pollution incidentsin a decade in 2022. The utility company, which collects and treats sewage for 15m people, had 17 serious incidents in 2022, worse than the 12 recorded in 2021 and 13 in 2020. Its worst year previously was 2013, when 22 were recorded. In October, it was named among the industry’s worst performers in watchdog Ofwat’s annual review for a third year. It came just weeks after Thames Water was hit with a £101m fine for “lagging” in its efforts to clean up pollution, plug leaks and improve customer service. The penalty was later reduced to £73.8m. An Environment Agency report last year called water companies’ performance “simply unacceptable”. To fix the issues, Thames Water has proposed to raise customer bills by 40pc starting 2025 and is seeking £2.5bn in equity over the five years from 2025. The GMB union accused Thames Water of “blackmailing” the regulator Ofwat and customers and said it was meeting with bosses at the troubled water supplier. Thames Water has been battling to secure its financial future since last summer, with a funding crisis leaving the company on the brink of emergency nationalisation. It is understood that investors pulled a £500m funding plan that was agreed last summer after Ofwat refused to bow to the water giant’s demands for a 40pc bill hike for customers, an easing of capital spending requirements, as well as leniency on penalties for failing to meet targets. Gary Carter, GMB national officer, said: Thames Water investors are essentially blackmailing customers and Ofwat. Some images just in from our picture desk showing pro-Palestine protesters at the Department of Business and Trade. The demonstrators entered the Old Admiralty Building as they called for a ceasefire in the conflict between Israel and Hamas. Investors who previously backed Thames Water would receive just 17p in the pound if they tried to redeem their corporate bonds in the troubled supplier. Thames Water Kemble bonds have dropped well into distressed territory after it emerged that shareholders will not provide a £500m cash injection for the utility company by the end of this months, as had been expected. Last year the bonds were priced at about 88p in the pound but slumped to as low as 55p in June as the scale of its debts emerged. They were trading at about 30p earlier this week. Thames Water isat risk of renationalisationafter it failed to secure hundreds of millions of pounds in survival funding. Our senior money reporterCharlotte Giffordexamines what it means for customers: The water giant is in a race to find extra cash after shareholders refused to pay £500m by the end of the month, saying regulatory requirements make its business plan “uninvestable”. Read how customers would be affectedif Thames Water is forced into special administration. Thames Water’s parent company is Kemble Water Holdings, whose shareholders last year promised to pump £750m into the supplier by March 2025. This forms part of a group of companies, known as the Kemble Water Group, and is owned by a consortium of institutional shareholders – mostly pension funds and sovereign wealth funds. These include Canadian pension fund Omers and the Universities Superannuation Scheme - the trustee of one of the largest pension schemes in the UK. Other shareholders are Infinity Investment, British Columbia Investment Management and Hermes GPE, the manager of the BT pension scheme. The shareholders’ £500m cash injection, which had been expected by the end of the month, was contingent on several criteria being met, including Ofwat approving its £18.7bn turnaround plan which stretches to 2030 and would require a sharp increase in bills. Kemble, which was set up to raise finance for Thames, is solely reliant on dividends from the utility company to service its debts, which stood at £14bn in its most recent figures. Interest rate cuts by the Bank of England “are a long way off,” one of its rate setters has warned, despite inflation falling to 3.4pc. Jonathan Haskel was one of two members of the Monetary Policy Committee to switch their vote from increasing interest rates to holding them steady at 5.25pc at its last meeting. The Bank voted by a majority of 8-1 to keep rates steady, with the switch by Mr Haskel and his colleague Catherine Mann taken by markets as a sign that interest rate cuts are incoming. However, Mr Haskel has warned he is not preparing to vote for a cut. He told the Financial Times: Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation. Investors have been dumping Thames Water’s debts while the supplier has been busy dumping sewage. Our reporterMichael Bowanalyses the utility company’s perilous financial state: An early sign of the crisis about to engulf Thames Water came when part of its£14bn debt pilecrashed to a record new low. Read how. Labour urged the Government and regulators to “do everything in their power to stabilise” Thames Water after its shareholders pulled their investment plan. Steve Reed, the shadow environment secretary, said: The Conservatives weakened regulation, allowing water companies to get massively in debt while the sewage system crumbled and illegal sewage dumping hit record levels. JD Sports has warned trading remains “challenging” as retailers increase promotional sales, but shares jumped after it pushed up its profit guidance. The sportswear retailer said that it expects profits to be in line with its previous guidance of between £915m and £935m before tax and adjusted items in the year to early February. It had downgraded its outlook for profits in January when the business said it had to cope with “elevated promotional activity” - industry jargon for products being on sale. Shares were up 6.2pc to leads the FTSE 100 as the company “chose not to participate fully” in these sales in the UK and Ireland, which were mainly online. As a result like-for-like sales fell by 3.2pc in the region in the fourth quarter. The business said that profit could be both lower or higher in the current financial year than it was last year. It expects pre-tax profit to be between £900m to £980m. Chief executive Regis Schultz said: Looking ahead, the current trading environment remains challenging due to less product innovation and elevated promotional activity, especially online. The company opened 215 new JD shops in the year to early February, and said that the launch of a new UK loyalty programme had been “encouraging” and attracted 800,000 downloads so far. Jeremy Hunt insisted the economy had grown last year “albeit at a very slow rate” when asked if the latest GDP figures meant Rishi Sunak had failed in his pledge to grow the economy. The Office for National Statistics confirmed its preliminary figures showing Britain entered recession at the end of last year with GDP contracting by 0.1pc in the third quarter and by 0.3pc in the fourth quarter. Asked by broadcasters about the Prime Minister’s growth promise, the Chancellor said: The Prime Minister’s pledge last year was to halve inflation and he delivered on that. In fact inflation has fallen from over 11pc to 3.4pc. The Treasury will monitor Thames Water’s situation “very carefully”, Jeremy Hunt said. Asked by broadcasters if the Government was ready to step in to support Thames Water customers if necessary, the Chancellor said: The Treasury will continue to monitor very carefully what is happening at Thames Water. The FTSE 100 rose in early trading as it was bolstered by commodity-linked stocks in the last trading day of the week. The commodity-heavy index was up 0.3pc, while the domestically-focused FTSE 250 was down 0.1pc as official figures confirmed Britain was in recession at the end of last year. Energy stocks added 0.7pc as oil prices edged up after two days of declines. Global benchmark Brent crude was last up 0.5pc to more than $86 a barrel. Mining stocks were up as much as 1.3pc as most base metals prices rose, boosted by signs of stabilisation in China’s broader economy. The Office for National Statistics confirmed Britain entered a shallow recession last year, with gross domestic product shrinking by 0.1pc in the third quarter and by 0.3pc in the fourth quarter, unchanged from preliminary estimates. JD Sports climbed 6.3pc to the top of the FTSE 100 after the sportswear retailer said its pretax profit for the year to February 4 would be between £915m to £935m, meeting guidance which it had downgraded in January. Spirent Communications jumped 11.1pc to the top of the FTSE 250 after it agreed to Keysight Technologies’s offer valuing the firm at £1.2bn. M&G, Smith & Nephew and Taylor Wimpey were down between 1pc and 6pc as they traded without the right to their next dividend. The Liberal Democrats urged the Government to put Thames Water into special administration after the company said its shareholders will not be injecting the first £500m of funding that was agreed last summer. The party’s Treasury spokeswoman Sarah Olney said: Thames Water is a broken firm. It is teetering on the brink of collapse and it is clear that things cannot go on as they are. Thames Water’s boss said it was “premature” to consider what would happen to the company if it does not receive a fresh cash injection before May next year. He said the company would remain in negotiations with Ofwat until the end of this year which would yield a business plan “that shareholders and anyone who might provide equity can look at and then determine whether they are going to inject equity into Thames”. He told BBC Radio 4’s Today programme: If, at the end of the day, probably well into the end of next year, we were in a situation where we had no equity, then we have the prospect of special administration but we are a long way from that at the moment. Thames Water chief executive Chris Weston said the company has enough money to keep going until May next year, even if it does not receive a cash injection until then. He told BBC Radio 4’s Today programme: Conversations with Ofwat regarding our business plan for 2025 to 2030 continue. Thames Water shareholders said they were in effect forced to withhold the £500m cash injection for the water supplier after Ofwat “has not been prepared to provide the necessary regulatory support”. In a joint statement, they said: Shareholders and Thames Water have been working with the regulator Ofwat for over a year on how to address the complex challenges facing the business. Thames Water’s owner Kemble Water said it would not pay interest payments on its debts and would not be able to repay a £190m loan that matures on April 30 unless an extension is granted. It said: Absent an investible proposition for the shareholders to provide new equity, Kemble Water Finance Limited (KWF) considers at the current time that it will not be possible to pay further interest payments and, unless an extension to the maturity of the facility is granted by lenders, it will not be able to refinance or repay a £190m facility which matures on 30 April 2024. Ofwat defended its efforts to be “fair to bill payers” as Thames Water said regulatory requirements had made it “uninvestible” for shareholders. Thames announced last year that investors were willing to inject £3.25bn into the business so long as it met several conditions, including Ofwat allowing a significant increase to household water bills. Ofwat will set out its plans for bills in June and said its latest price review needed to “put customer and environmental priorities at the heart of the water sector”. It said: In order to drive this change, we need to ensure that the sector attracts investment and is fair to bill payers. Regulator Ofwat said Thames Water must now seek further funding for its turnaround plan, but sought to assure that “safeguards” were in place to protect services to households. An Ofwat spokesman said: Safeguards are in place to ensure that services to customers are protected regardless of issues faced by shareholders of Thames Water. So to recap, Thames Water has said its shareholders will not be injecting the first £500m of funding that was agreed last summer into the group as industry regulations make its business plan “uninvestible”. Thames Water said the funding plan drawn up last July was subject to conditions, including a business plan that is supported by “appropriate regulatory arrangements”. It said the regulations being imposed by industry watchdog Ofwat “make the PR24 plan “uninvestible”, and as a result the shareholder support letter from last July “has not been satisfied”. “The first £500m of the new equity that had been anticipated will not be provided by Thames Water’s shareholders by 31 March 2024,” it revealed. Thames Water said it was in ongoing talks with industry regulator Ofwat to secure regulations that are “affordable for customers, deliverable and financeable for Thames Water, as well as investible for equity investors”. It said once the new regulatory plan is agreed with Ofwat, it “intends to pursue all options to secure the required equity investment from new or existing shareholders”. Thames Water said it had £2.4bn in cash and available committed facilities at the end of February as it tried to reassure customers. However, the supplier has borrowings of nearly £19bn. If the company is put into special administration, it is estimated that as much as £5bn of financial support would be needed to keep customers connected. Thames said last October that shareholders were prepared to provide £750m “subject to satisfaction of certain conditions, including the preparation of a business plan that underpins a more focused turnaround that delivers targeted performance improvements for customers, the environment and other stakeholders over the next three years and is supported by appropriate regulatory arrangements”. Today, the company revealed that those shareholders felt the requirements placed on it by would make its three-year turnaround plan “uninvestible”. After the Office for National Statistics confirmed the UK was in a recession at the end of last year, Chancellor Jeremy Hunt said: Last year was tough as interest rates had to rise to bring down inflation, but we can see our plan is working. The recession that the UK entered last year was fractionally shallower than first thought, revised new figures from the Office for National Statistics (ONS) have shown. The ONS said confirmed that the economy shrank by 0.1pc in the third quarter and 0.3pc in the fourth as it left its preliminary estimates of the economy’s performance unrevised. However small revisions not visible in the headline figures, which are rounded to one decimal place, meant that the cumulative decline in the two quarters was 0.4pc, rather than a previously estimated 0.5pc. Thames Water took a further step towards nationalisation after shareholders said they would not provide it with a £500m lifeline. The troubled utility company was told it had not satisfied the conditions to receive the first tranche of support outlined as part of its three-year turnaround plan. It had been expecting the half a billion pound payment by March 31, but shareholders said they would not provide the cash as the regulatory requirements on the company make it “uninvestible”. Directors of the troubled supplier had been racing to finalise a £750m lifeline from investorsat a board meeting on Wednesday, with the threat of special administration looming as Thames reels from vast debts and poor performance. Without the extra money from investors, who include Canadian pension fund Omers and the Universities Superannuation Scheme, Thames would be at risk of relying on a taxpayer-backed bailout. The business needs billions of pounds to survive. The company is putting up its bills by an average 12.4pc at the start of next month, following a 9.4pc increase last year. It will take the average bill to £471. Thames was owned for a decade by Macquarie, the Australian investment bank, which took out £1.2bn of dividends while driving the company’s debt up from £1.6bn to £10bn. Macquarie sold to current shareholders in 2017, with the new owners since attempting to reduce the business’s borrowing pile. Thames announced last year that investors were willing to inject £3.25bn into the business, with £750m expected in 2024. Chief executive Chris Weston said: “I’d like to reassure our customers that, despite this announcement, it is business as usual for Thames Water. “Our 8,000 staff remain committed to working with our partners in the supply chain to provide our services for the benefit of our customers, communities and the environment.” Thanks for joining me. Thames Water has been told it will not be given a £500m lifeline by the end of the month, putting the supplier a step closer towards nationalisation. Without the extra money from investors, who include Canadian pension fund Omers and the Universities Superannuation Scheme, Thames would be at risk of relying on a taxpayer-backed bailout. The business needs billions of pounds to survive. Thames announced last year that investors were willing to inject £3.25bn into the business, with £750m expected in 2024. 1)National Living Wage should start at 18 instead of 21, says pay-setting group\|Business chiefs warn change would be unaffordable 2)Crunch meeting at Thames Water amid scramble for £750m\|Directors race to finalise lifeline from shareholders and avoid special administration 3)BT to convert 2,000 old payphones into advertising screens\|Telecoms giant plans to triple its number of digital screens despite local backlash 4)Morrisons’ losses mount amid debt finance pressures\|Higher interest rates hammer supermarket as it attempts ambitious turnaround plan 5)Insurers face record $3bn bill from Baltimore bridge collapse\|Payout will be up to double the claim for Costa Concordia wreck, say analysts Asian investors trod carefully on Thursday after a Federal Reserve official floated the idea of delaying or reducing interest rate cuts. Hong Kong, Shanghai, Sydney and Wellington rising, while Singapore, Seoul, Taipei and Jakarta fell. Tokyo’s benchmark Nikkei 225 closed down 1.5pc, or 594.66 points, at 40,168.07, while the broader Topix index lost 1.7pc, or 48.47 points, to 2,750.81. Chinese markets recouped losses from the day before. Hong Kong’s Hang Seng index gained 1.1pc to 16,579.99, while the Shanghai Composite advanced 1.2pc to 3,029.01. Australia’s S&P/ASX 200 jumped 0.9pc to 7,887.00. Taiwan’s Taiex was little changed.... - Reddit Posts (Sample): [['u/MasterOfReallity', 'Selling all XRP for BTC', 40, '2024-04-17 00:12', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', 'I feel really stupid, cause I could have bought BTC last year and literally doubled my money but instead I bought into youtube clickbait and thought it would go to 1k.\r \n\r \nBut now I don\'t see how anything could happen with it. It was supposed to go up after the SEC case and instead went down. It can\'t even go back to it\'s peak at 3 dollars yet alone 10 dollars like some claim. Before the case it was the same. Seems like the more "banks" utilize it the lower the price is.\r \n\r \nAt what time does the halving end, should I buy right away or wait for a dip? The money I get back I will put into BTC hopefully as soon as I sell.', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', '1c5szhk', [['u/Chr-whenever', 60, '2024-04-17 00:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwed9j/', 'XRP is and always has been manipulated scam garbage', '1c5szhk'], ['u/Initial-Desk-360', 26, '2024-04-17 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwge7j/', 'DYOR but the XRP/BTC chart is like nearly at an all time low, so like you are getting the least amount of BTC right now for your XRP you ever would have in the history of Crypto.\n\nPersonally I would rather die than sell something when its at an all time low but do what you gotta do.', '1c5szhk'], ['u/putgambler', 21, '2024-04-17 00:39', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwhc1n/', 'This just proves that xrp has 0 demand', '1c5szhk'], ['u/Jenn2895', 10, '2024-04-17 00:46', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwidqw/', "You thought xrp could go to $1k? \n\nTake a little bit of time to learn about marketcaps. There's still people thinking Shiba Inu can go as high as bitcoin... b/c they don't understand the basics like market caps.", '1c5szhk'], ['u/TheNotSoRealMVP', 15, '2024-04-17 06:13', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzxuxf7/', "XRP is a trader's best friend, but an investor's worst nightmare.", '1c5szhk']]], ['u/CryptoDawn', "I'm one of the original founders of Reddit Island from 10+ years ago, I finally have the money to make Reddit Island a possibility. I now have $100m+ and we will turn Reddit Island into the society of the future it deserves to be.", 58, '2024-04-17 00:43', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', "I've been working on Reddit Island and free societies for 10+ years and I'm one of the original founders and moderators of Reddit Island from the original subreddit. I started posting here about 2 years ago when I saw this new subreddit become a thing and I was happy to see that some people still believed in the dream of Reddit Island. And now I'm back because I have what we need to make Reddit Island happen.\n\nI'm happy to say I now have the funds required to make Reddit Island a reality. I've recently been able to get $100 million+ and some of that can be used to make Reddit Island a reality in additon to extra funds that will become available. \n\nI will post proof of the funds in Bitcoin soon possibly next week and it will be 100% verifiable. Reddit Island is finally becoming a thing.\n\nI want to hear everyone's thoughts and give me some ideas on things you think we should do with Reddit Island.", 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', '1c5tqbd', [['u/tortupouce', 41, '2024-04-17 00:54', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzwjosq/', "If this even has 1% of being true, I'll use the first comment to say this: make it the law to have a mandatory poop knife in every househot", '1c5tqbd'], ['u/buildbox0606', 26, '2024-04-17 04:19', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzxfp77/', 'generally my first question will be how will you determine who gets access to live on the island? i assume it will be through some kind of application process', '1c5tqbd'], ['u/CallMeRenny84', 15, '2024-04-17 09:45', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyfag3/', 'Just drop the paypal already', '1c5tqbd'], ['u/urioRD', 10, '2024-04-17 10:06', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzygwso/', 'Send me 1 Bitcoin as a prove', '1c5tqbd'], ['u/RedgieTheHedgie', 10, '2024-04-17 13:14', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyxaww/', '- is there an island or group of islands picked out already? \n\n\n-what would be the expected starting population and how would that be determined? \n\n\n-have agriculture and the economy been considered? \n\n\n-what about climate? \n\n\n-what about access to the mainland?\n\n\n-what might the average individual be expected to do specific to the good of the community?\n\n\n-have power generation and distribution been considered? \n\n\n-what about shelter? I imagine space would be at a premium, so no single family dwellings could be expected. \n\n\n-potable water source? \n\n\n-healthcare? \n\n\n-ecological surveys will need done. \n\n\n-what might the political system look like? Could this be a chance for a more direct democracy? \n\n\n-is there an minimum income to be considered or is it enough to be ready and willing?\n\n\n-how would laws be decided and enforced?\n\n\n-waste management?\n\n\n-tax system? \n\n\nBasically, I want to believe in this crazy idea, but as an actual autist I lack the cognitive dissonance to believe something just because I want to.', '1c5tqbd']]], ['u/Obvireal', 'PREDICTION', 33, '2024-04-17 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', 'It seems public sentiment is going to drastically change... Now that more countries are opening up to bitcoin and are starting to accumulate and study it, we may see mass adoption way sooner than we think... One country will fall in line after another, chasing as many bitcoins as they can obtain, fighting to stay on top. \n\nThey all already see the charts. Bitcoin has followed the same pattern every 4 years 4 times. It is a pattern, and foresight will cause many to buy it at a specific time. We are near a singularity that will propel us into a new age. \n\nSupply is already low. 100,000s of Bitcoins can be bought in weeks. There are only so many millions.\n\nWhat happens when people become more educated on bitcoin and paper handed people are fewer and farther between. \n\nNow my prediction is this is going to happen this upcoming cycle that begins in 3 days. Its very bullish I know, but a negative hindsight 2020 is something we all try to avoid.', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', '1c5vkxg', [['u/LiveDirtyEatClean', 20, '2024-04-17 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzx3xrn/', 'I predict bitcoin in the 400s this cycle', '1c5vkxg'], ['u/nkbc13', 10, '2024-04-17 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxab80/', "It's the opposite of that. It's only when bitcoin get's adopted as a legitimate store of value that it will then be used as a medium of exchange. And to get to that level of store of value... price must go up big", '1c5vkxg'], ['u/johnn2015', 14, '2024-04-17 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxlwcy/', 'Wow amazing prediction. I have never heard this insight before. Not once.', '1c5vkxg'], ['u/Webbed_Bubble', 11, '2024-04-17 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxnya5/', "That be wild . Amazing for sure . But I think that's an unreasonable expectation for this cycle . My most bullish guess is 200 k and that's most bullish imo", '1c5vkxg'], ['u/Inland_Emperor', 15, '2024-04-17 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzy5q22/', 'Well for the record, I like his opinion better than your opinion.', '1c5vkxg']]], ['u/R3dFiveStandingBye', 'Would you get a prenup for your stack?', 88, '2024-04-17 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', 'If you were getting married and wanted to never lose full control of your stack would you ask your significant other to sign one? Mainly for bitcoin ', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', '1c5wvj5', [['u/Subject-Rope-9991', 168, '2024-04-17 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx74bb/', 'What stack?', '1c5wvj5'], ['u/secondtrades', 13, '2024-04-17 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx7f0g/', 'Establish a Trust', '1c5wvj5'], ['u/lookoutcomrade', 40, '2024-04-17 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx8mky/', 'You are better off just keeping it off the record at that point.', '1c5wvj5'], ['u/Mr_WildWolf', 25, '2024-04-17 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxamql/', '🤔 so get a prenup and also get a vasectomy', '1c5wvj5'], ['u/Equivalent_Swan634', 12, '2024-04-17 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxb9lr/', 'She may have money or come into money and the prenup will keep you out of her stack.', '1c5wvj5'], ['u/EmpiricalRutabaga', 28, '2024-04-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxdisd/', 'Depending on the state, premarital assets are usually not part of the "marital estate" that gets divided in a divorce. \n\nThe easiest thing is simply never mention that you have any Bitcoin, though.\n\nSecond-easiest thing would be to set up an irrevocable trust prior to marriage. However, you would have to find someone who isn\'t a scumbag to be the trustee, and it would cost you anywhere from a few hundred to a few thousand dollars to set up depending on complexity and on the lawyer you pick.', '1c5wvj5'], ['u/OnTheProwl-', 17, '2024-04-17 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxeier/', "That's wild to me that you would keep finances separate in a marriage.", '1c5wvj5'], ['u/Inevitable_Art8536', 16, '2024-04-17 04:14', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxeuhi/', 'Vasectomy first, prenup second.', '1c5wvj5'], ['u/analogOnly', 17, '2024-04-17 04:18', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxfiia/', "Woosh.\n\nThe point he was trying to make was, if you don't want them to know about it, forget you have it and don't speak of it.", '1c5wvj5'], ['u/direktor4eto_reborn', 28, '2024-04-17 06:55', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxzqsf/', 'Well, they did get divorced 😄', '1c5wvj5'], ['u/mushroomyakuza', 34, '2024-04-17 07:21', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzy2gpr/', "Don't think this is much of a valid defense with KYC.", '1c5wvj5'], ['u/spiceylizard', 47, '2024-04-17 09:23', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzydi39/', 'I lost it all in a gambling mistake, eBay scams, and a boating accident', '1c5wvj5'], ['u/Armadillodillodillo', 53, '2024-04-17 09:50', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzyfnyi/', 'Sends everything to another address of my own, ah yes this is when I got hacked.', '1c5wvj5'], ['u/brando2131', 17, '2024-04-17 11:46', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzyovow/', 'KYC is for the government to know who you are, not for your friends or partner to know who you are ;)', '1c5wvj5']]], ['u/wokeup225', "If it's in the red, you'll be wishing you bought instead.", 41, '2024-04-17 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/', "With just under three days until the halving, now is the perfect time to go and grab yourself some Bitcoin. It doesn't matter if you don't have millions, thousands, or even hundreds to invest. You'll just be glad knowing that what you've put in is what you can afford at the moment, and in due time, this decision will pay off.", 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/', '1c5y8gi', [['u/clicksanything', 15, '2024-04-17 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxhrx8/', 'I bought heavy during the 22-23 bear so Im chilling with my DCA having fun watching the newcomers fomo lol\n\nJust buy some sats and put it away. Future you will look back and thank you.', '1c5y8gi'], ['u/XXsforEyes', 27, '2024-04-17 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxkqit/', 'There are more ups and downs to come… dca is the way!', '1c5y8gi'], ['u/Objective_Trust2371', 17, '2024-04-17 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxmq7n/', "Historically bitcoin has a pullback on the halving. There's a good chance it is not the lowest we will see.", '1c5y8gi'], ['u/Rickard403', 15, '2024-04-17 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxoyal/', "Looks to be the case. Sub $60k is likely incoming and the market doesn't care about post halving history.", '1c5y8gi']]], ['u/purpleandviolet', 'Bitcoin halving and Monero price', 14, '2024-04-17 05:16', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/', 'Everyone is talking about the upcoming Bitcoin halving. Do you think the halving will influence the price of Monero? ', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/', '1c5zk6n', [['u/WR3CKONER', 20, '2024-04-17 05:50', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/kzxs5vm/', 'It usually(history with past bull runs) follows kinda like other alts and pumps after BTC but last ATH was technically in a bear run, we’ll find out. I’m down about 10% myself but not concerned, I just wish people saw how valuable XMR is. You’d think bulls would transfer their Btc gains into XMR for privacy reasons. Not NFA but I just don’t understand how XMR is still so incredibly undervalued. If I had the money to buy more I would. Only time will tell!', '1c5zk6n']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, April 17, 2024', 36, '2024-04-17 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/', '1c60din', [['u/pee_one_herman', 10, '2024-04-17 07:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy1fbb/', 'April 17th halving update, 403 blocks remaining…\n\nApril 19th, 4:55pm - 8:17pm ET based on avg mining time of 9.50-10.00 minutes. Starting to move fast, will be a great happy hour on a Friday!', '1c60din'], ['u/Shark_mark', 15, '2024-04-17 07:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy4sgr/', 'How long until the US wake up and insert their penises in europes and asias bottoms?', '1c60din'], ['u/DesperateToHopeful', 15, '2024-04-17 08:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy6ff1/', "This price action is making me quite bullish tbh. The last month has been more or less crabbing while two things have been occurring:\n\n1. Roughly 900 Bitcoin are mined per day.\n\n2. Miners sell off their Bitcoin to prepare for the halving event. Miners need to do this to upgrade their fleet to stay competitive in a post-halving environment. \n\nIf demand plateaus at the current crabbing level in an environment where the number of Bitcoin mined each day halves to 450, I don't see how we don't see another legup on price within the next 3-9 months. As price rises this will bring on more supply (as everyone has their sell point) but even taking this into account I don't really see what would be the catalyst for a sustained drawdown over the rest of 2024. Especially when you factor in ETF demand from the USA and the new ETF from Hong Kong. Although I believe mainland China can't buy the Hong Kong ETF so it won't be quite as impactful as some hope, Hong Kong is still one of the major financial hubs in Asia which should bring in more demand.\n\nI'm struggling to see what exactly the bear case is for Bitcoin over the next 3-21 months outside of macro economic events. There could be a big recession, severe government regulatory crackdown, a global war which tanks all markets, etc. But all of these things can play out in many different ways and aren't all necessarily going to be bad for Bitcoin. Whereas if we just look at the conditions in the Bitcoin market itself, all signs point to bullishness from my opinion. New avenues of demand are being created, supply inflation is about to halve, development is ongoing on the bitcoin protocol itself, the tech seems robust even with its limitations around throughput. \n\nI'm going to go out on a limb with my first price prediction: $100k by end of 2024.", '1c60din'], ['u/simmol', 15, '2024-04-17 08:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy6x7q/', "I don't think so. There are still quite a bit of GBTC sellers waiting for the price to come up to sell. This has been demonstrated in the last couple of weeks where GBTC sell amount increases when BTC is increasing while the sell amount decreases when BTC is decreasing.", '1c60din'], ['u/I_AM_DEATH-INCARNATE', 13, '2024-04-17 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzybkdr/', 'As an American, the first thing I do when I wake is take a dump.\n\n\nAs an American, I make sure the rest of the world dumps with me.', '1c60din'], ['u/Shootinsomebball', 10, '2024-04-17 09:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyg19o/', 'Looks more like distribution to me', '1c60din'], ['u/1Lost_King1', 19, '2024-04-17 10:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyjo5x/', '400 blocks away from halving…', '1c60din'], ['u/52576078', 22, '2024-04-17 11:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyq0tk/', "Yesterday's daily was tense reading. Lots of aggression and arguing. First time ever in 13 years on Reddit that I considered blocking someone. Hopefully we do better today.", '1c60din'], ['u/phrenos', 28, '2024-04-17 13:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyyo41/', "Anything north of 0% ROI and you're doing better than 99% of traders.", '1c60din'], ['u/imissusenet', 10, '2024-04-17 14:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz3vmz/', 'I can imagine all sorts of things. A network that relied on us mining on laptops to keep it alive might not be a network worth keeping alive.', '1c60din'], ['u/Shootinsomebball', 11, '2024-04-17 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz62ig/', 'Over the past few days a few have come on here and stated there’s no way we’re going below 60k\n\nIf the past is anything to go by, it’s the surest sign we will be going below 60', '1c60din'], ['u/PatientlyWaitingfy', 27, '2024-04-17 14:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz743z/', 'People belieiving 62K is bearish before the halvning is not a scenario I foresaw', '1c60din'], ['u/bobsagetslover420', 11, '2024-04-17 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz7l5o/', 'Anyone who thinks 60k is actually the floor is delusional. Prices can go literally anywhere for all sorts of reasons', '1c60din'], ['u/Cadenca', 10, '2024-04-17 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz8gq0/', 'I haven\'t FUD\'ed in years, I\'ve just been buying, so forgive me this one time.. but man I\'m bearish today. Who\'s gonna buy this thing above 60 with GBTC still distributing? We had such a front-ran pre-halving that there is easily a debt to be paid over the summer as "sell in may" takes full effect in tradfi.. Genuine excitement and euphoria just seems non-existent right now. My finger is on the pulse and the patient is dead right now. Things will be fine eventually, but right now? Is literally any one of you truly "feeling it"? Rate cuts just got kicked down the road too, for the umpteenth time.', '1c60din'], ['u/calmunrest', 12, '2024-04-17 14:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz95y2/', "10k was moon. We are at 60 fucking k. If you can't stomach it, just sell for your health's sake.\nNo amount of wealth can buy you health.", '1c60din'], ['u/Order_Book_Facts', 10, '2024-04-17 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz96t3/', 'We crabbed for 7 months to gather the momentum to go from 35k -> 70k, if we need to crab for the same or even longer to gather the momentum to break through 100k, so be it.', '1c60din'], ['u/adepti', 14, '2024-04-17 14:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz9oxb/', 'This is actually good, the unjustified euphoria is starting to wean off, everyone starting to get into withdrawals from all the hopium over the past month and a half. Too much talk of god candles, "you\'re not bullish enough for what\'s coming, etc etc," memecoin euphoria was all signs of a local top. \n\nIt\'s not the worst thing in the world if this thing goes below 60k. It seems like a psychological level for alot of people that if we go below 60k it won\'t be that "v shaped" recovery we are all hoping for - and more likely it\'ll turn into a 1-3 month correction instead of a 1-3 day blip. \n\nOnce you come closer to acceptance for what\'s coming, it\'s alot easier to deal with.', '1c60din'], ['u/CompleteApartment839', 15, '2024-04-17 14:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz9y4u/', 'This is an emotional crowd that runs on dopamine hits.', '1c60din'], ['u/DesperateToHopeful', 10, '2024-04-17 15:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzbt6d/', "> While GBTC outflows are subsiding, it seems the inflows to other ETFs are waning faster.\n\nPersonally I would say it is too soon to know which direction this goes. Bitcoin ETFs are still very new relatively speaking. Current ETF buyers are almost certainly all retail while potential firm level investors will still be performing due diligence. We know the absolute maximum amount of funds that can flow out of GBTC, we don't know the amount of funds that can flow in via ETFs. I am bullish so over the longterm think the potential upside is substantial and unknown, whereas the potential downside is limited and known (whatever remains in GBTC).", '1c60din'], ['u/Cultural_Entrance312', 19, '2024-04-17 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzces6/', 'BTC responded typically to the war news, and if it will escalate more or if nothing else happens, will be the determining factor for major price swings (i.e. god or devil candles) over the next week or so.\n\nOn the hourly, it has dropped through 63 multiple times to find support around 61.7k before bouncing and getting back above 63. Crab range is between 61.7-64.1, if your are looking for small trades. RSI is at 37.6 (average 49) at time of writing. Current nearby resistance are 63, 64.1, 65.7,67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 61.7 and 60.5.\n\nThe daily RSI is at 40.4 and its average is currently at 50. Same resistances/supports as I mention in the hourly. BTCs previously formed pennant failed. A couple of pennant scenarios may be forming. One more day closer to the estimated halving date on 4/19, 2 days left.\n\nOn the weekly, BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 65.6 (77.5 average). A more traditional pennant formation has been formed. Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above. Less than 1/2 week till halving.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s has cooled, it’s monthly RSI is currently 67.6. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/fnk7Bkx3/](https://www.tradingview.com/x/fnk7Bkx3/)\n\nDaily: [https://www.tradingview.com/x/ZQ3a6qJj/](https://www.tradingview.com/x/ZQ3a6qJj/)\n\nWeekly: [https://www.tradingview.com/x/0uluIahl/](https://www.tradingview.com/x/0uluIahl/)\n\nMonthly: [https://www.tradingview.com/x/rWOLcGZG/](https://www.tradingview.com/x/rWOLcGZG/)', '1c60din'], ['u/dopeboyrico', 10, '2024-04-17 15:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzd0ij/', 'Spot ETF’s have had 3 consecutive days of net outflows. [Longest streak of net outflows since spot ETF launch is 5 consecutive days.](https://farside.co.uk/?p=1321)\n\nDo we continue the streak of net outflows or break the streak and end up with a net inflow day? We’ll see.', '1c60din'], ['u/xtal_00', 11, '2024-04-17 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzioz7/', 'Your history is amazing.', '1c60din'], ['u/drdixie', 10, '2024-04-17 16:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzztg6j/', 'Lots of tears on here. That should be the start.', '1c60din'], ['u/Order_Book_Facts', 10, '2024-04-17 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzthvc/', 'Not sure why I need to explain this to someone with $1M of bitcoin, but either you can stomach the volatility or you can’t. It’s always a personal decision based on your risk tolerance, the rest of your asset portfolio, YOUR LIFE. You come here with no details other than a humble brag and expect us to tell you whether to sell or not? lol', '1c60din'], ['u/Belligerent_Chocobo', 12, '2024-04-17 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzztlor/', "I don't see many people expecting an instant huge pump.\n\nIf anything, I see people expecting a short term sell the news event.", '1c60din'], ['u/I_AM_AN_AEROPLANE', 11, '2024-04-17 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzup2p/', 'Fucking israel should make its mind up and stop holding the whole world hostage.', '1c60din'], ['u/AccidentalArbitrage', 10, '2024-04-17 17:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzuqou/', "I've seen similar posts from you at various price levels. \n\nYou can't handle the volatility, so you should sell.", '1c60din'], ['u/sylvanlotus77', 11, '2024-04-17 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzvaf5/', 'We could stop funding it and would immediately watch this unwind, as it has in the past when we condition aid.', '1c60din'], ['u/doublesteakhead', 18, '2024-04-17 17:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzw2iu/', "Just remember everyone: it's always darkest just before bankruptcy\xa0", '1c60din'], ['u/jarederaj', 10, '2024-04-17 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzzgo3/', 'A lot of these guys are getting a little wealthy for the first time. Brass balls take time to develop.', '1c60din'], ['u/TheGarbageStore', 16, '2024-04-17 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0001cj/', "Traditionally, the good days to scale into a position are those where it feels terrible, emotionally. Nothing has changed about the fundamentals of BTC, it's just correcting after a huge run-up. \n\nIf you have cash on the sidelines, today is a day to deploy some.", '1c60din'], ['u/btc-_-', 22, '2024-04-17 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00046l/', "the good part of this for the long-term bulls is that if we kept going up the way we were going then we probably would've topped out between 100-120k in a couple of months. perhaps even right at the psychological 100k barrier and wouldn't have had the push to get over it. maybe some here would've been more than fine with that :) not me.\n\nthe primary long-term indicator i look at is the monthly LMACD (Logarithmic Moving Average Convergence Divergence) - see chart below. it was starting to look like we were on a peak approach. not good if you want to see really big numbers this cycle.\n\nwe were basically straight up since 25k. 197% in 185 days and nearly 100% in 50 days. if we can instead treat the 50s and 60s as the new 25k, then that can be the new launch point with nearly all indicators fully reset. you won't have to hear about the sky falling and FUDing when we go higher just because some indicators are running hot.\n\njust remember, we're going to see a lot of more of these lulls in the run up. just like every other cycle. have a plan and stick to it.\n\nhttps://i.imgur.com/6RM1Zzp.png", '1c60din'], ['u/Downtown-Ad-4117', 15, '2024-04-17 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l001084/', '12k any minute.', '1c60din'], ['u/xtal_00', 16, '2024-04-17 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0012pm/', '9800 CME Gap', '1c60din'], ['u/ottawan89', 14, '2024-04-17 17:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0014xg/', 'How low is that, mr vague?', '1c60din'], ['u/anon-187101', 10, '2024-04-17 17:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l001m48/', "nothing\n\nBitcoin is still the best money, and in 2 days it'll be less inflationary than gold\n\nbuy the dip", '1c60din'], ['u/BootyPoppinPanda', 10, '2024-04-17 17:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l002slv/', "I said a few days ago that we'd bottom between 59k and 60k. I picked up a bigger chunk here for the cold storage. Now time to pray for a local bottom.", '1c60din'], ['u/WYLFriesWthat', 11, '2024-04-17 17:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l002y3u/', 'Omg buy buy buy. This might go lower but it won’t last long.', '1c60din'], ['u/keeprunning23', 17, '2024-04-17 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00332s/', 'High quality post, thanks for your insight today.', '1c60din'], ['u/baselse', 23, '2024-04-17 17:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l003ue5/', 'A correction seems to happen often, days before the halving:\n\n28 nov 2012\tno crash in days before halving\n9 jul 2016\t-18% down, just days before halving\n11 mei 2020\t-18% down, just days before halving\n19 apr 2024\t-18% down, so far\n\nIf the bottom will be 59800 it rhymes with history and a nice new channel would be formed on the 1D.', '1c60din'], ['u/btc-_-', 11, '2024-04-17 18:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l007is3/', "perhaps it's the messenger and not the message that people are downvoting", '1c60din'], ['u/TouchMyTumor', 16, '2024-04-17 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l008tsq/', "No man's land imo. Wouldn't trust a long or a short", '1c60din'], ['u/phrenos', 19, '2024-04-17 18:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00a6jw/', 'Opened a 100x crab position.', '1c60din'], ['u/bobsagetslover420', 16, '2024-04-17 18:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00db8n/', 'Last chance to say last chance', '1c60din'], ['u/Beingoodfornothing', 13, '2024-04-17 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00f26q/', 'From cnbc, words of Mike Santoli, for tradfi, dip buyers are patient and sellers are motivated. It would seem that also applies to btc.\xa0', '1c60din'], ['u/dopeboyrico', 20, '2024-04-17 18:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00fiv0/', 'Higher low of $60.8k broken.\n\n20% pullback from ATH of $73.7k would be $59k, 25% pullback would be $55.3k, and 30% pullback would be $51.6k.\n\nRemaining higher lows acting as areas of support before a larger 30% pullback become possible are at $59.3k, $56.7k, and $54.4k.\n\nWe’ll see which of these higher lows manage to hold as support. On the bright side, the further we drop here the more shorts will pile in to serve as rocket fuel to be squeezed going into the halving in a couple days.', '1c60din'], ['u/PatientlyWaitingfy', 14, '2024-04-17 19:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00l8je/', 'Knife caught at 60231. Next one at 58999, stab me.', '1c60din'], ['u/btc-_-', 12, '2024-04-17 19:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00nf4v/', 'has DXY hit a wall? looks like it could be turning over on the hourly:\n\nhttps://i.imgur.com/evh7q5T.png\n\nrecently it appears to have successfully retested a downtrend but perhaps this was just another local high:\n\nhttps://i.imgur.com/hNUqqr1.png\n\nin related news, yesterday the IMF [said](https://thehill.com/business/4597395-something-will-have-to-give-imf-sounds-alarm-on-us-debt/):\n\n>"The exceptional recent performance of the United States is certainly impressive and a major driver of global growth, but it reflects strong demand factors as well, including a fiscal stance that is out of line with long-term fiscal sustainability,” the IMF wrote in its latest World Economic Outlook.\n\n>“This raises short-term risks to the disinflation process, as well as longer-term fiscal and financial stability risks for the global economy since it risks pushing up global funding costs,” it continued. “Something will have to give."\n\ni guess being $34.6 Trillion in debt with a 130% debt-to-gdp ratio and paying nearly 3% of GDP on interest payments alone isn\'t considered a good. however, it is a good thing that we have a better form of money available in Bitcoin that can\'t be modified or printed by a small number of unelected individuals.', '1c60din'], ['u/dopeboyrico', 16, '2024-04-17 20:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00rr84/', '[AUM held in new spot ETF’s is now at $33.3497 billion through day 66 or ~530.78k BTC.](https://x.com/jseyff/status/1780628685483020464?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.4618 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $505.30 million with average inflows of $437.80 million or ~8.04k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 15.4%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.154.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $33.3497 billion is 0.196% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 337 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 80.9% of that amount of BTC over the span of 66 trading days.', '1c60din'], ['u/BuiltToSpinback', 37, '2024-04-17 20:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00vszb/', 'Are we halving fun yet', '1c60din'], ['u/BuyAnacottSteel', 13, '2024-04-17 20:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00xhv2/', 'I’ve gone from rich and poor and back and forth again. I’m going from planning my next career move to planning my retirement to planning my next career move all in a couple months.', '1c60din'], ['u/doublesteakhead', 18, '2024-04-17 20:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00xxh2/', "I'll halve what she's halving\xa0", '1c60din'], ['u/Ok_File_9520', 11, '2024-04-17 20:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l010fb8/', 'I think we will be above 63k by night pst. This was just gbtc selling + broader market correction + some liquidations. \n\nBull market is still on.', '1c60din'], ['u/spinbarkit', 10, '2024-04-17 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l012eyc/', "the way I see it is Bitcoin is giving you options -first he showed you how easily he achieved $74k, then it slides down and let's you buy in cheap. \n\nif, however, you are confident enough you can still successfully short it.\n\ntaking it easy is either spot buys every dip or relonging dips and laddering out at each bounce. \n\nobviously it will reclaim seventies and reach for eighties.\n\ntaking it slow & craving nothing spectacular but playing each and every time for low profile wins, this is what gets you plenty of easy money. \n\nbears would argue we are never going up again and 30ties or even 20ties are the destiny... well, let them just be", '1c60din'], ['u/Alert-Author-7554', 15, '2024-04-17 21:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l015td6/', 'The Elder Council of Goblintown would not be happy about this..', '1c60din'], ['u/DamonAndTheSea', 17, '2024-04-17 21:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l019ous/', 'Weekly MACD looks like it wants to roll over. [Nice confluence of supports + 0.5 fib at $56k makes it a likely candidate for the low.](https://www.tradingview.com/x/LSMqXhIW/). Print a red month to break the streak then back to biznis in May.', '1c60din'], ['u/1Lost_King1', 17, '2024-04-17 21:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l019vzz/', '323 blocks left', '1c60din'], ['u/nationshelf', 15, '2024-04-17 21:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01acvz/', 'Earlier this year in January it dropped 20% from the local high of 48k to 38k. \n\nA drop from the recent local high of 74k to 59k (today’s low) is 20% as well. \n \nThat’s all to say there’s nothing usual going on. A 30% drop, which would be totally normal, takes it to just under $52k.', '1c60din'], ['u/Just_Me_91', 32, '2024-04-17 22:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01hm4g/', "I converted a decent chunk from stocks in my Roth IRA when we dipped below 60k earlier. I have a hard time believing that a year from now I'll regret buying just before the halving.", '1c60din'], ['u/zpowers1987', 13, '2024-04-17 23:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01vrb7/', 'Sell off is already happening.', '1c60din']]], ['u/traderhp', 'Bitcoin Halving this week 18 to 20 , what will happen with dogecoin??', 52, '2024-04-17 06:28', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/', 'What do you guys think about Bitcoin Halving coming up this week between 18th to 20th. How will our dogecoin will react? \n', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/', '1c60vrm', [['u/thiqboi99', 28, '2024-04-17 06:54', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/kzxzmm5/', 'Might go up… also could go down… also it could trade sideways… but it will more then likely be 1 doge = 1 doge', '1c60vrm'], ['u/No-Number866', 10, '2024-04-17 09:08', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/kzyc8pt/', 'Sell the news', '1c60vrm']]], ['u/Myshakiness', 'My biggest regret with crypto', 14, '2024-04-17 08:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/', 'Back in July 2010 I was doing searches about global currencies and alternatives to Paypal and came across this forum where it was talking about BTC being 10 cent each.\n\nI ended up creating an account to the site and trying to find someone to buy some of the BTC from. After a couple of hours learning about BTC and seeing that no one was online to buy from I ended up forgetting about it until it was in the media in 2013.\n\nI remember the main reason I opted out of buying some in the end was because I would have had to download a program to put them on. Oh silly me.', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/', '1c62gfp', [['u/NUTTY8866', 37, '2024-04-17 08:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/kzy87iy/', 'Some gutting stories here but to be fair, as soon as it hit £100 or even £1000 I’m sure you would have sold it', '1c62gfp'], ['u/Tilenp755', 10, '2024-04-17 08:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/kzyb7lz/', 'It doesn’t matter, 99.9% of us would have sold it at 2/3x profit. You’d never hold till 60k$.', '1c62gfp']]], ['u/rBitcoinMod', 'Daily Discussion, April 17, 2024', 44, '2024-04-17 08:09', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1c58w8y/daily_discussion_april_16_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/', '1c62l7h', [['u/user_name_checks_out', 19, '2024-04-17 09:41', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzyeypn/', 'I think all the 420 and 69 memes are boring.', '1c62l7h'], ['u/bbiittccooiinn', 10, '2024-04-17 10:55', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzykrgd/', ">>It already is scheduled at the moment for Sat, 20 Apr 2024 00:21:26 GMT\n\nYou realise the time is constantly changing depending on how quick it takes to generate a block? It's not constant. \n\nRefresh whatever website you copied this from and you'll see it will be different again.", '1c62l7h'], ['u/NectarineDirect936', 11, '2024-04-17 11:40', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzyodqx/', "If everything goes to plan it'll become both.", '1c62l7h'], ['u/Just1_More', 12, '2024-04-17 11:53', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzypfro/', "PC answer. \n\nHe's shorting the dollar and longing bitcoin. He's doing this in a very open way, explaining his strategy so many other companies could imitate Microstragety. \n\nAnytime you threaten the dollar, you put a target on your back. This is why he has always referred to bitcoin as a digital property.", '1c62l7h'], ['u/user_name_checks_out', 10, '2024-04-17 12:30', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzysrd8/', '>Ok boomer\n\nThat is a pretty stupid comeback. As it happens I am not a boomer.', '1c62l7h'], ['u/escodelrio', 15, '2024-04-17 14:37', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzz7v9u/', "Historical Bitcoin prices for today, April 17th:\n\n2024 - $62,476\n\n2023 - $29,435\n\n2022 - $39,703\n\n2021 - $60,042\n\n2020 - $7,036\n\n2019 - $5,208\n\n2018 - $7,909\n\n2017 - $1,194\n\n2016 - $426\n\n2015 - $223\n\n2014 - $502\n\n2013 - $93\n\n2012 - $5\n\n2011 - $1.10\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.23 trillion.\n\nBitcoin's current block height is 839638; with the average block time for the last 7 days being 9.70 minutes.\n\nThere are currently 18,399 reachable Bitcoin nodes.\n\nBitcoin's average daily trading volume for the last 7 days is 116,036 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 484,902.\n\nBitcoin's average daily hashrate for the last 7 days is 639 exahashes per second.\n\nBitcoin's average daily price from 18-Jul-2010 to 17-Apr-2024 is $11,086.0.\n\nBitcoin's average daily price for the year 2024 is $55,725.23.\n\n1 US Dollar ($) currently equals: 1,601 satoshis; making 1 penny equal 16.01 sats.\n\nThere are currently 19.69M ₿ in circulation, leaving 1.31M to be mined.\n\nThere are currently 2.52M ₿ held by companies, governments, DeFi, and ETFs, representing 12.80% of circulating supply.\n\nThere are currently 53,147,609 nonzero Bitcoin addresses.\n\nBitcoin's current block reward is 6.25₿, which is worth $390,473.75 per block.\n\nThe next Bitcoin halving is anticipated on 19-Apr-2024; the block reward will fall to 3.125₿.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 15.28% from the ATH.", '1c62l7h'], ['u/Llonga', 11, '2024-04-17 15:06', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzzby31/', 'Exactly', '1c62l7h'], ['u/dreamingexplorer', 16, '2024-04-17 16:01', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzzkhwk/', 'Yes, even after all\xa021 million bitcoins\xa0are mined, miners will continue to play a crucial role in the Bitcoin ecosystem. Let me explain why:\n\n1. Transaction Verification and Security:\n * Miners are responsible for verifying transactions and adding them to the blockchain. This proce... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", "Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", 'Kraken, the second-largest crypto exchange in the US, hasunveiledits own crypto wallet. The self-custodial "Kraken Wallet" will be released on Wednesday, making it accessible to both Kraken users and non-users. The newly developed wallet will initially support eight prominent blockchains, including Bitcoin, Ethereum, Solana, and Dogecoin, among others.\nNotably, Kraken Wallet will be the first wallet from a major exchange to be open-sourced, allowing developers to access and contribute to the code. The exchange emphasized their commitment to support open-source contributors, stating that “it’s at the heart of what crypto is all about: transparency, decentralization and community.” As an additional incentive, Kraken will reward developers who identify vulnerabilities through their open-source grant program, ensuring continuous improvement and bug fixes.\nPrivacy-conscious crypto users will appreciate Kraken\'s commitment to data minimization. The wallet will only collect the essential information required for wallet functionality, and user activity will be routed through Kraken\'s infrastructure, safeguarding IP addresses and preventing the exposure of identity and location information. Furthermore, the exchange has engaged Trail of Bits to do a full-scale security audit on the wallet code.\nKraken has been expanding its product suite in recent months. In November, the exchange reportedly explored the development of its own layer 2 blockchain, following Coinbase\'s launch of its rollup chain called Base in August.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research report on Wednesday.\nThe bank sees downside for the world’s largest cryptocurrency after the halving because the market is still inoverbought conditions, according to its analysis of open interest in bitcoin futures.\nFurthermore, the cryptocurrency price of about $61,200 is still above the bank’s volatility-adjustedcomparison with gold, which sets it at $45,000, and its projectedproduction costof $42,000 after the halving. The bitcoin production cost has historically acted as a lower boundary for BTC prices.\nJPMorgan also notes that venture-capital funding remains subdued despite the recent crypto market resurgence.\nThe biggest impact of the halving will be felt by mining companies: “As unprofitable bitcoin miners exit the bitcoin network, we anticipate a significant drop in thehashrateand consolidation among bitcoin miners with a highest share for publicly-listed bitcoin miners,” analysts led by Nikolaos Panigirtzoglou wrote.\n“Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle,” the authors wrote.\nRead more:Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research report on Wednesday.\nThe bank sees downside for the world’s largest cryptocurrency after the halving because the market is still inoverbought conditions, according to its analysis of open interest in bitcoin futures.\nFurthermore, the cryptocurrency price of about $61,200 is still above the bank’s volatility-adjustedcomparison with gold, which sets it at $45,000, and its projectedproduction costof $42,000 after the halving. The bitcoin production cost has historically acted as a lower boundary for BTC prices.\nJPMorgan also notes that venture-capital funding remains subdued despite the recent crypto market resurgence.\nThe biggest impact of the halving will be felt by mining companies: “As unprofitable bitcoin miners exit the bitcoin network, we anticipate a significant drop in thehashrateand consolidation among bitcoin miners with a highest share for publicly-listed bitcoin miners,” analysts led by Nikolaos Panigirtzoglou wrote.\n“Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle,” the authors wrote.\nRead more:Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan', "Bitcoin(CRYPTO: BTC)has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stockRiot Platforms(NASDAQ: RIOT), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.\nBut could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce the rewards for Bitcoin mining companies, the net effect could be a positive one for Riot Platforms.\nIn a Bitcoin halving event, mining companies will see the rewards they receive get cut in half. That's bad news for Riot Platforms because instead of receiving 6.25 bitcoins per block (the current rate), miners will only receive 3.125.The next Bitcoin halving event is expected to take place around April 19.\nThe good news for Riot Platforms and other miners is that historically, the price of Bitcoin hasrisen following a halving event. Should there be another increase in price this time around, that would offset the decline in mining rewards. The key question is how high Bitcoin might go following the halving event.\nBitcoin halving events happen roughly every four years, so they don't come as a surprise to Bitcoin mining companies. That gives them plenty of time to prepare and scale so that they can become more efficient. And by boosting its capacity to mine moreBitcoinby improving its hash rate, Riot can minimize the negative impact that halving events have on its operations.\nAs of the end of last year, Riot's hash rate was 12.4 exahashes per second (EH/s). But by the end of the current year, it expects that rate to rise to 31.5 EH/s. The higher hash rate doesn't guarantee its production will increase accordingly, but it can increase the probability that Riot mines more blocks, and thus, generates more revenue.\nLess efficient companies may not be able to compete on the same scale and end up winding down their operations. By being one of the larger mining companies out there with a more efficient operation, Riot Platforms could come out a winner when all is said and done this year, benefiting from a more efficient operation and a potentially higher price of Bitcoin.\nA big reason investors have been feeling bearish about Riot, however, is that its latest earnings numbers weren't that great. The company released earnings in February and revenue for 2023 grew by 8% to $280.7 million but the company still incurred a net loss of $49.5 million. And that lack of profitability combined with its pursuit of growth and scale means that there's a significant need for cash.\nA big problem for investors in the past has been that Riot Platforms has often resorted to stock offerings to raise money, which is dilutive and bad news for the stock price.\nRiot may benefit from a boost following the Bitcoin halving event as it puts more spotlight on mining stocks, but the risk is that without a stronger financial performance, it could prove to be a temporary rally at best.\nRiot Platforms is one of the more notable Bitcoin mining stocks to invest in today. But with an unprofitable business and a need to scale and be more efficient, it could be a while before this company can demonstrate to investors it has a viable and sustainable business.\nFor now, this is a stock investors are better off keeping an eye on but not investing in just yet. The company needs much stronger fundamentals before it can be anything more than a speculative investment.\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving?was originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stockRiot Platforms(NASDAQ: RIOT), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.\nBut could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce the rewards for Bitcoin mining companies, the net effect could be a positive one for Riot Platforms.\nIn a Bitcoin halving event, mining companies will see the rewards they receive get cut in half. That's bad news for Riot Platforms because instead of receiving 6.25 bitcoins per block (the current rate), miners will only receive 3.125.The next Bitcoin halving event is expected to take place around April 19.\nThe good news for Riot Platforms and other miners is that historically, the price of Bitcoin hasrisen following a halving event. Should there be another increase in price this time around, that would offset the decline in mining rewards. The key question is how high Bitcoin might go following the halving event.\nBitcoin halving events happen roughly every four years, so they don't come as a surprise to Bitcoin mining companies. That gives them plenty of time to prepare and scale so that they can become more efficient. And by boosting its capacity to mine moreBitcoinby improving its hash rate, Riot can minimize the negative impact that halving events have on its operations.\nAs of the end of last year, Riot's hash rate was 12.4 exahashes per second (EH/s). But by the end of the current year, it expects that rate to rise to 31.5 EH/s. The higher hash rate doesn't guarantee its production will increase accordingly, but it can increase the probability that Riot mines more blocks, and thus, generates more revenue.\nLess efficient companies may not be able to compete on the same scale and end up winding down their operations. By being one of the larger mining companies out there with a more efficient operation, Riot Platforms could come out a winner when all is said and done this year, benefiting from a more efficient operation and a potentially higher price of Bitcoin.\nA big reason investors have been feeling bearish about Riot, however, is that its latest earnings numbers weren't that great. The company released earnings in February and revenue for 2023 grew by 8% to $280.7 million but the company still incurred a net loss of $49.5 million. And that lack of profitability combined with its pursuit of growth and scale means that there's a significant need for cash.\nA big problem for investors in the past has been that Riot Platforms has often resorted to stock offerings to raise money, which is dilutive and bad news for the stock price.\nRiot may benefit from a boost following the Bitcoin halving event as it puts more spotlight on mining stocks, but the risk is that without a stronger financial performance, it could prove to be a temporary rally at best.\nRiot Platforms is one of the more notable Bitcoin mining stocks to invest in today. But with an unprofitable business and a need to scale and be more efficient, it could be a while before this company can demonstrate to investors it has a viable and sustainable business.\nFor now, this is a stock investors are better off keeping an eye on but not investing in just yet. The company needs much stronger fundamentals before it can be anything more than a speculative investment.\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving?was originally published by The Motley Fool", 'For many investors, billionaire Mark Cuban may be best known as one of the investors on the popular ABC programShark Tank. But for crypto enthusiasts, Cuban is best known as a champion ofBitcoin,Ethereum, andDogecoinduring the previous crypto bull market rally.\nSo what is Cuban buying during the recent crypto bull market? The names might surprise you. He\'s expanding beyond just the two big cryptocurrencies -- Bitcoin and Ethereum -- in search of utility coins that promise to deliver real-world use cases. Let\'s take a closer look at what he\'s adding to his portfolio.\nPolygon(CRYPTO: MATIC)is a Layer-2 scaling solution for Ethereum, helping it to run cheaper, faster, and more efficiently. You can think ofPolygonas a secondary blockchain that sits on top of the core Ethereum blockchain. By doing so, it can mitigate some of the pricing and congestion issues typically faced by Ethereum users.\nThat\'s a clear example of utility, and it\'s easy to see why Cuban is all aboard the Polygon train. After Ethereum co-founder Vitalik Buterin laid out the blockchain\'s strategic roadmap for 2024, he made it a point to highlight the growing role played by Layer-2 scaling solutions. Right now, the future growth story for Ethereum is all about enabling these Layer-2 scaling solutions to do even more. So if Polygon can hitch its growth to that of Ethereum, it should be good news for investors.\nThe bad news, though, is that the Layer-2 blockchain niche has become especially crowded during the past 12 months. As a result, Polygon hasn\'t seen the types of price gains initially expected by investors. Around the time of Ethereum blockchain update knowns as The Merge in 2022, Polygon was trading near the $1 mark. But in the 18 months since, Polygon has dropped below $1 . It is currently trading for less than $0.70, and is down more than 30% for the year. Nonetheless, with a $6.6 billion market cap, it remains one of the top 20 most valuable cryptocurrencies in the world.\nInjective(CRYPTO: INJ)is a Layer-1 blockchain that was purpose-built fordecentralized finance(DeFi). In theory, core DeFi activities -- such as being able to create new DeFi lending protocols, or swapping tokens on decentralized exchanges -- should be faster, cheaper, and easier on Injective than on rival blockchains. In terms of utility, Injective is the blockchain you use if you want to build new financial applications or participate in DeFi.\nAnd, indeed, as measured by one important metric, total value locked (TVL), Injective is gaining ground in the DeFi world. In February, Injective set a record with more than $110 million in TVL, suggesting that more and more crypto users are embracing Injective as an on-ramp to DeFi. Right now, there are more than 100 projects on the Injective blockchain, and a reported 150,000 community members.\nBut, as with Polygon, the results just haven\'t been there this year for Injective. After soaring in price from $1.25 in January 2023 to over $50 in March 2024, Injective is now down about 35% year to date. With a $2.4 billion market cap, though, Injective still ranks as a top 50 crypto in terms of valuation.\nDuring a January AMA ("Ask Me Anything") on X (formerly known as Twitter), Cuban shared an important insight about investing in crypto: "I hate the speculation but love when there is utility." Like many longtime crypto investors, he\'s seen the extreme volatility in the crypto market, and has warned against believing too much in the hype and speculation surrounding certain coins.\nTo mitigate some of that risk, one option is to focus on utility. If you don\'t understand what a crypto does, or what purpose it serves, it might just be that there is no purpose. If that\'s the case, then you probably shouldn\'t be adding it to your portfolio. Trying to chase a speculative meme coin may be fun, but it will rarely be profitable. There\'s no guarantee that you will be profitable with utility coins either, but understanding the core use cases of a crypto can help you make smarter long-term investment decisions.\nBefore you buy stock in Polygon, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polygon wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin, Ethereum, and Polygon. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Injective Protocol, and Polygon. The Motley Fool has adisclosure policy.\nYou Might Be Surprised By the 2 Cryptos That Billionaire Mark Cuban Is Buying for His Portfoliowas originally published by The Motley Fool', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nA sharp retreat in oil prices and a rare joint warning from major economies against excessive dollar strength have helped calm restive markets just as Big Tech earnings start to hit.\nA volatile start to April looked like getting out of hand this week as a combination of stern Federal Reserve warnings about stubborn inflation and geopolitical stress sent the dollar rocketing and seeded four straight daily losses for Wall St stocks.\nBut there\'s been some respite into Thursday\'s session.\nDespite the Middle East tensions and punchy U.S. economic readouts, U.S. crude prices turned tail and have now recoiled some 6.5% from Friday\'s 2024 highs to levels last seen before Israel\'s attack on Iran\'s Syrian consulate on April 1.\nSurging U.S. crude inventories, poor economic numbers from China for March and a U.S. warning about releasing more of its Strategic Petroleum Reserve if necessary have all reined in oil.\nAnd it\'s retreat eases at least some of the inflation anxiety irking bond markets and the Fed and U.S. Treasury yields have fallen back in tandem. Having briefly topped 5% this week, two-year Treasury yields have dropped 10 basis points since.\nThe dollar, similarly, has come off the boil - partly after a warning shot from Japan, South Korea and the United States about potentially destabilising currency moves in Asia.\nWith markets keeping an eye on G7 and G20 finance chiefs in Washington at the International Monetary Fund meetings, the rare three-way statement agreed to "consult closely" on FX markets, acknowledging concerns from Tokyo and Seoul over their currencies\' recent sharp declines.\nThe dollar/yen pair fell back slightly from 34-year highs, although it remains stuck above 154, and South Korea\'s won backed away from its weakest in almost 18 months.\nEasing market concerns that China may allow its yuan to weaken into a competitive regional exporting scramble too, China\'s deputy central bank governor Zhu Hexin separately on Thursday restated Beijing\'s "determination in keeping the yuan exchange rate basically stable."\nThe steadier bond and currency complex helped soothe edgy stock markets around the world as first quarter corporate earnings stream in and attention switches to major tech sector updates.\nAfter Dutch chip equipment firm ASML skidded more than 7% on its earnings miss on Wednesday, there was better news today from Taiwan\'s chipmaking giant TSMC as it reported a beat that rides the wave of demand related to the artificial intelligence boom.\nStreaming firm Netflix kicks off the U.S. Big Tech reporting season later on Thursday.\nThe upshot is U.S. stock futures are slightly firmer ahead of the bell today, but the VIX volatility gauge remains elevated above 18 after the four daily losses for the S&P500 in a row and cumulative losses of almost 5% from the record high set late last month.\nFinancial stocks have had a rough week, with heavy earnings-related share price swoons for Travelers and U.S. Bancorp on Wednesday.\nIn the central banking world, the Fed warnings this week about keeping interest rates restrictive for longer were not matched by its European peers.\nEuropean Central Bank Vice President Luis de Guindos said the ECB has made it "crystal clear" that interest rates could be cut in June - even if policy decisions beyond that remain up in the air.\nElsewhere, Bitcoin steadied after a one-month slide of almost 20% took it to 6-week lows below $60,000 on Wednesday - with this weeks \'halving\' event seen as largely priced in already.\nKey diary items that may provide direction to U.S. markets later on Thursday:\n US corporate earnings: Netflix, Blackstone, Comerica, PPG, Intuitive Surgical, DR Horton, March & McLennan, Snap-On, KeyCorp, Elevance Health, Genuine Parts\n* Philadelphia Federal Reserve\'s April business survey, US March existing home sales, weekly jobless claims\n* G20 finance ministers and central bankers gather at International Monetary Fund\'s Spring meeting in Washington\n* New York Federal Reserve President John Williams, Fed Board Governor Michelle Bowman and Atlanta Fed chief Raphael Bostic speak; European Central Bank vice-president Luis de Guindos presents ECB annual report to European Parliament, ECB policymakers Isabel Schnabel Mario Centeno, Gediminas Šimkus and Boris Vujcic all speak; Bank of England policymaker Megan Greene speaks\n* US Treasury sells 5-year inflation-protected notes, 4-week bills\n(By Mike Dolan, editing by Kirsten Donovan; [email protected])', 'Global Payments Market\nDublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com\'soffering.\nThe Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion.\nDigital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs).\nFurthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world.\nReal-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.\nThe rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential.\nKey Market Drivers\nDigital Transformation and Technology Adoption\n• Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations.\n• Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments.\n• Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market.\nGlobalization and Cross-Border Transactions\n• Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions.\n• Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions.\n• Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems.\nRegulatory Initiatives and Compliance\n• Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development.\n• Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States.\n• Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market.\nChanging Consumer Preferences and Behaviors\n• Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options.\n• Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments.\n• Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth.\nE-commerce and the Rise of Online Transactions\n• Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods.\n• Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem.\n• Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic.\nKey Market Challenges\nSecurity Concerns and Cyber Threats\n• Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems.\n• Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems.\n• Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats.\nRegulatory Complexity and Compliance Burden\n• Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions.\n• Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers.\n• Global Standards: Importance of striking a balance between innovation and compliance in the payments industry.\nFraud and Financial Crime\n• Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems.\n• Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection.\n• Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime.\nInteroperability and Fragmentation\n• Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems.\n• Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions.\n• Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability.\nKey Market Trends\nContactless Payments and Digital Wallets\n• Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security.\n• Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic.\n• Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences.\nOpen Banking and API Integration\n• Transformative Potential: Impact of open banking on collaboration and competition among financial institutions.\n• API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences.\n• Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services.\nCryptocurrency and Blockchain Technology\n• Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods.\n• Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems.\n• Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce.\nBiometric Authentication and Strong Security Measures\n• Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions.\n• Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens.\n• Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments.\nSegmental Insights\nEnd User Insights\n• Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands.\n• Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge.\n• Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends.\nRegional Insights\n• North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology.\n• Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity.\n• Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region.\nKey Attributes:\n[{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}]\nCompetitive Landscape\n• Mastercard Inc.\n• Visa Inc.\n• PayPal Holdings, Inc.\n• AliPay (Alibaba Group)\n• UnionPay International\n• Stripe\n• Adyen\n• WeChat Pay\n• Worldpay\n• Klarna\nScope of the Report\nPayments Market, By End User:\n• Retail\n• Entertainment\n• Healthcare\n• Hospitality\n• Others\nPayments Market, By Mode of Payment:\n• Point of Sale (Card Payments, Digital Wallet, Cash)\n• Online Sale (Card Payments, Digital Wallet)\nPayments Market, By Region:\n• North America\n• United States\n• Canada\n• Mexico\n• Europe\n• France\n• United Kingdom\n• Italy\n• Germany\n• Spain\n• Asia-Pacific\n• China\n• India\n• Japan\n• Australia\n• South Korea\n• South America\n• Brazil\n• Argentina\n• Colombia\n• Middle East & Africa\n• South Africa\n• Saudi Arabia\n• UAE\n• Turkey\n• Egypt\nFor more information about this report visithttps://www.researchandmarkets.com/r/61666l\nAbout ResearchAndMarkets.comResearchAndMarkets.com is the world\'s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\nAttachment\n• Global Payments Market\nCONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900', 'Venture capital funding for cryptocurrency and blockchain projects just experienced the first quarterly rise since 2021, according to Crunchbase datapublished today.\nIn Q1 2024, Web3 startups raised just short of $1.9 billion across 346 deals, a 58% increase from the final quarter of last year. But theoverall downward trajectory of crypto VC interesthas lingered, with year-ago quarterly figures down 17% and the deal count at roughly half.\nInvestors with more of a "long-term thesis" when it comes to Web3 are the ones deploying capital lately, a stark contrast to some of the hype-chasing "tourist investors" more prevalent the last few years, Chris Metinko, the report’s author, toldFortune. "To be honest," he added, "they are probably sitting in AI."\n“You\'re seeing investment in the underlying infrastructure of a decentralized internet—more the \'picks and shovels\' of Web3—and away from the crypto wallets and lenders that we saw raise big rounds in the heyday of 2021 to 2022,” Metinko explained.\nBig rounds remained rare in Q1, as the three largest totaled less than $300 million. Leading the way was a $112 million seed round for Exohood Labs, a company merging AI, quantum computing, and blockchain, at a valuation of $1.4 billion. EigenLabs, which allows developers to“restake” Ether tokens, raised $100 million in a Series B led bya16z crypto, and Freechat, a decentralized social network based on blockchain technology, won $80 million in a Series A.\nValuations also were on the rise, as Web3 saw four unicorns minted after a Q4 lull in which only the Cayman Islands-based blockchain messaging tool Wormhole earned a horn. New additions to the herd include the aforementioned Exohood Labs, Ethereum L2 Berachain for financial applications, blockchain service Io.net to sell excess GPUs, and Web3 infrastructure startup Polyhedra Network.\n“The next few quarters could be very telling for the future of Web3," Metinko wrote in the report. "While investors say they expect investment to eventually bounce back as a decentralized internet becomes more built out, that may not happen for another year as venture continues to stabilize after the go-go days of 2021."\nThat’s because there is often a lag between a raise closing and its documentation. Following the approval of U.S. spot Bitcoinexchange-traded fundsand the upcomingBitcoin halving, the price of Bitcoin isup nearly 60% this year, while Ether has nearly doubled in value, suggesting the venture market may not yet be reflecting what could be long-term, sustainable cryptocurrency appreciation.\nLast week, Monad Labs secured the largest Web3 funding round of the year so far, a $225 million round led by Paradigm. Monad is a layer-1 blockchain compatible with Ethereum but which can process transactions faster. The round is reminiscent of crypto’s 2021-2022 golden era when L1s raised big venture sums, such as Aptos Lab\' $150 million funding.\n“Perhaps," Metinko added, "that is a harbinger of more big-money funding to come."\nThis story was originally featured onFortune.com', "TheSolana(CRYPTO: SOL)cryptocurrency reached multiyear highs in March 2024. But after popping above the $200 mark a couple of times, thesmart contracts platformdropped back below $150 due to a fresh round of inflation-fighting economy concerns.\nSolanais currently trading at roughly $134 per digital coin. Should crypto investors treat this price dip as a buying opportunity or back away from Solana in the spring of 2024?\nThink of Solana as that friend who was always hanging out with the popular kid in school. That popular kid was FTX, a big-deal crypto exchange run by the slightly eccentric but seemingly brilliant Sam Bankman-Fried. FTX loved Solana, promoted it a lot, and they seemed unstoppable together.\nBut then, there was a sudden plot twist. FTX collapsed in a mess of bad decisions and questionable practices. (Think of it as the financial version of finding out your popular friend was cheating on all their tests.) Nearly 20% of the failing crypto-exchange's balance sheet consisted of Solana coins, making it FTX's second-largest financial asset.\nThen, Solana was caught in the aftermath of the FTX meltdown. Now, can the digital coin establish its own identity after that intense drama, or will it always be associated with its fallen partner?\nOnly time will tell, but investors have largely forgiven Solana for its FTX-based sins.\nIn the darkest days of the FTX scandal, alongside the inflation-flavored economic crisis of 2022, Solana fell 96% below its record highs. After a strong climb in recent months, tempered by a significant drop in March and April, Solana has gained 1,280% since the end of 2022.\nA consortium of private equity groups recently bought out the Solana coins from the FTX bankruptcy estate. Meanwhile, Sam Bankman-Fried was sentenced to a 25-year prison term, and his influence has evaporated from the crypto sector.\nThere are few direct ties to the troublesome FTX organization now, and Solana looks ready to move on. The obvious follow-up question is how quickly app developers in the crypto space could be ready to follow suit. And on that note, Solana is doing quite alright.\nData from DeFiLlama shows that the total value locked (TVL) in Solana-based decentralized finance (DeFi) projects now matches the TVL in the spring of 2022. It's a tenfold increase from the rock-bottom developer interest in early 2023.\nDominant rivalEthereum(CRYPTO: ETH)has a similar pattern going on but with a shallower trough over the last 1 1/2 years. And Solana has fared a lot better than many other smart contract challengers such asAvalancheandPolygon-- both largely stuck near their dried-up LTV interest in 2023.\nPast performance is never a guarantee of future results, especially not in the unpredictable cryptocurrency market. That said, Solana looks ready to rock in the long run, based on its healthy developer interest and robust coin-price recovery from the FTX scandal.\nNow it's up to the Solana coin and its developer community to keep that momentum going during the crypto market's cyclical upswing. You can almost set a four-year clock by the crypto sector's ebbs and flows, following the predictable rhythm ofBitcoinreward halvings. The fourth one is happening this week, almost surely followed by higher crypto prices and a broader general interest in anything blockchain-related. People pay close attention to big numbers, you know.\nSolana's recovery could hardly have come at a better time.\nAll things considered, I think this so-called Ethereum killer looks ready to take advantage of the crypto sector's ongoing surge. Most DeFi projects may still prefer the Ethereum protocol, but Solana's high-speed transactions are turning heads right now.\nI can't promise market-beating gains, but grabbing a modest number of Solana tokens during this price dip seems likely to make investors some serious money over the next couple of years -- assuming that the project can keep a foot on the accelerator.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nAnders Bylundhas positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Avalanche, Bitcoin, Ethereum, Polygon, and Last 60 Days of Bitcoin's Closing Prices:* [52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-18 Financial & Commodity Data: - Gold Closing Price: $2382.30 - Crude Oil Closing Price: $82.73 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,209,307,140,625 - Hash Rate: 622687790.7773827 - Transaction Count: 418095.0 - Unique Addresses: 670913.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021. "The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore. Smaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It's up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week. The rally has come in tandem with records tumbling on stock indexes from Japan's Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower. "In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets. "We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', 'During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', "LONDON, April 19 (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March.\nBut what exactly is the halving, and does it really matter?\nWHAT IS IT? The halving, which happens roughly every four years, the latest of which is expected this week, is a change in bitcoin's underlying blockchain technology designed to reduce the rate at which new bitcoins are created.\nBitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.\nNakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.\nSo far, about 19 million tokens have been released.\nHOW DOES IT HAPPEN?\nBlockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.\nMiners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.\nThe blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, roughly every four years.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.\n(For a visual explanation of how blockchain works,\nclick here\n.)\nWHAT HAS IT GOT TO DO WITH BITCOIN'S PRICE?\nSome bitcoin enthusiasts say that bitcoin's scarcity gives it value.\nThe lower the supply of a commodity, all other things being equal, the price should rise when people try and buy more. Bitcoin is no different, they argue.\nOthers dispute the logic, noting that any impact would have already been factored in to the price.\nThe supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce. If miners sell their reserves, that could pressure prices lower.\nSince hitting record highs last month, bitcoin's price has sunk below $64,000. JP Morgan analysts said this week they expect the price to fall further after the halving.\nEstablishing the reasons for a crypto rally is also hard, not least as there is far less transparency than in other markets.\nThe most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, and expectations that central banks will cut interest rates.\nBut in the speculative world of crypto trading, explanations for price changes can snowball into market narratives that become self-fulfilling.\nWHAT ABOUT PREVIOUS HALVINGS?\nThere's no evidence to suggest that previous halvings have been behind bitcoin's subsequent price rises.\nStill, traders and miners have studied past halvings to try and gain an edge.\nWhen the last halving happened on May 11, 2020, the price rose around 12% in the following week and 659% in the following 12 months.\nBut there were many explanations for the rally - including loose monetary policy and stay-at-home retail investors with spare cash - and no real evidence the halving was behind it.\nAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later and then rallying.\nIn short: it's hard to isolate the impact, if any, halvings may have had previously or predict what could happen this time around. Regulators have repeatedly warned that bitcoin is a speculative market driven by hype and one that poses harm to investors.\n(Reporting by Elizabeth Howcroft and Tommy Reggiori Wilkes; Editing by Toby Chopra)", "LONDON, April 19 (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March.\nBut what exactly is the halving, and does it really matter?\nWHAT IS IT? The halving, which happens roughly every four years, the latest of which is expected this week, is a change in bitcoin's underlying blockchain technology designed to reduce the rate at which new bitcoins are created.\nBitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.\nNakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.\nSo far, about 19 million tokens have been released.\nHOW DOES IT HAPPEN?\nBlockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.\nMiners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.\nThe blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, roughly every four years.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.\n(For a visual explanation of how blockchain works,\nclick here\n.)\nWHAT HAS IT GOT TO DO WITH BITCOIN'S PRICE?\nSome bitcoin enthusiasts say that bitcoin's scarcity gives it value.\nThe lower the supply of a commodity, all other things being equal, the price should rise when people try and buy more. Bitcoin is no different, they argue.\nOthers dispute the logic, noting that any impact would have already been factored in to the price.\nThe supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce. If miners sell their reserves, that could pressure prices lower.\nSince hitting record highs last month, bitcoin's price has sunk below $64,000. JP Morgan analysts said this week they expect the price to fall further after the halving.\nEstablishing the reasons for a crypto rally is also hard, not least as there is far less transparency than in other markets.\nThe most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, and expectations that central banks will cut interest rates.\nBut in the speculative world of crypto trading, explanations for price changes can snowball into market narratives that become self-fulfilling.\nWHAT ABOUT PREVIOUS HALVINGS?\nThere's no evidence to suggest that previous halvings have been behind bitcoin's subsequent price rises.\nStill, traders and miners have studied past halvings to try and gain an edge.\nWhen the last halving happened on May 11, 2020, the price rose around 12% in the following week and 659% in the following 12 months.\nBut there were many explanations for the rally - including loose monetary policy and stay-at-home retail investors with spare cash - and no real evidence the halving was behind it.\nAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later and then rallying.\nIn short: it's hard to isolate the impact, if any, halvings may have had previously or predict what could happen this time around. Regulators have repeatedly warned that bitcoin is a speculative market driven by hype and one that poses harm to investors.\n(Reporting by Elizabeth Howcroft and Tommy Reggiori Wilkes; Editing by Toby Chopra)", 'April 19:Telos Foundation, which supports the Telos blockchain,saidit will work with Ponos Technology, a zero-knowledge-proof research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. According to the team: "Telos will also work with several other new partners during the L2\'s development cycle, including Digital M.O.B. (Ethereum dev team), ATKA (Web3 incubator) and Cometh (dev team led by ETH France President Jerome De Tychey)."\nApril 18:Safe, a provider ofblockchain smart accounts, has "welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed thestrategic acquisition of the Multis source code," according to the team: "Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem. Together, the Safe and former Multis team will collaborate to solve the complexities of cross-chain interaction through network abstraction, with the goal of enabling users to manage assets across diverse blockchain networks effortlessly." Multis offers a crypto business wallet, according to itswebsite.\nApril 18:Aethir, a leader in decentralized cloud computing, introduced the Aethir Edge device powered by Qualcomm, "a significant leap in edge computing with a decentralized infrastructure that enhances reliability by distributing capacity across peer nodes," according to a message from the team. "Aethir Edge is the hardware component of the Aethir DePIN stack, and it is, in all aspects, a hardware device built to power the next generation of GPU cloud computing. Through Aethir Edge, we enable everyone to join Aethir\'s network as a service provider who wishes to contribute their underutilized broadband, IP addresses, bandwidth, or GPU computing resources to our DePIN in exchange for 23% of $ATH token rewards," according to ablog post published Thursday.\nApril 18:Nodle(NODL), a smartphone-based DePIN powering applications for authenticating media content, locating assets or proving location, announced it will belaunching on zkSync Era, an Ethereum layer-2 network built around zero-knowledge (ZK) technology. According to the team: "The first initiative of Nodle’s DePIN launching on zkSync will be the deployment of its new Click camera app, the world\'s first Digital Trust Network. This marks a significant advancement for Nodle by using blockchain technology for media authentication to fight misinformation leveraging the scalability and efficiency of zkSync." Launched in 2017, Nodle was originally based on theStellar blockchainand later moved toPolkadot.\nApril 18:Tom Couture, vice president of crypto strategy at the analysis firmFundStrat, writes in a quarterly report out Thursday: "The crypto industry saw over $2.3 billion in private funding across 367 deals, marking a significant increase in activity and the first time total funding has surpassed $2 billion since Q2 of 2023. Infrastructure remained the most popular investment category, attracting nearly $1.1 billion across 141 deals, reflecting ongoing industry efforts to enhance scalability and user experience."\nApril 18:Ordz Gamessaid its new GameFi-meets-DePIN handheld device, "BitBoy One," sold out its first 1,000 units in two minutes during a public sale, after launching in Paris, Hong Kong and Dubai. The device wasfeatured in Protocol Village on April 7.\nApril 18:ARPA Network, asecure computation networkfor blockchain-adapted cryptography, said itsRandcast, an on-chain verifiable random number generator, has launched on the testnet forRedstone, an optimistic rollup layer-2 framework crafted by the Ethereum-focused engineering companyLattice, built on the OP Stack, according to the team: "The integration of Randcast with Redstone pushes more seamless and enriched on-chain gaming experiences. Together, this streamlines the developer experience for those crafting ambitious applications, games and worlds. Randcast’s dev-friendly Smart Contract SDK allows for the effortless integration of randomness, so with the Redstone integration it pushes the limits of what is possible to build on the EVM."\nApril 18:Nym Technologies,a blockchain privacy infrastructure project, has joined the Liquid Federation to help secure and scale the Bitcoin layer-2 ecosystem to meet global demand, according to the team: "This is the first step in a deeper partnership between Nym, the Liquid Federation and Blockstream. The next step will be the integration of Liquid on the Nym mixnet, extending Liquid’s default confidentiality to also protect the patterns of transactions in transit, and enabling strong network level privacy to Bitcoin users who are using layer-2 protocols to stack sats to save on fees and for greater confidentiality."\nApril 18:Matter Labs, the main developer behind the Ethereum rollup zkSync, hired Nana Murugesan, former vice president for business development and international at Coinbase, as president. At Coinbase, "he oversaw global business development and partnerships, international operations, and asset listings," according to a press release. "Prior to his time at Coinbase, he served as Managing Director at Snap Inc., where he led Snapchat’s global expansion and strategic partnerships."\nApril 18:Nibiru, a new blockchain backed by Tribe Capital and led by ex-Google, IBM, and JP Morgan execs, is "launching a $15M program, aiming to prevent a potential talent drain amid the crypto market recovery. The initiative, includes a $5M allocation for Asia, will offer financial incentives and funding to developers driving the adoption of a new L1. The goal is to keep talent building in the Web3 space as the industry struggles to retain skilled developers tempted by opportunities in other sectors."\nApril 18:Aptos Labs, the developers behind the Aptos layer-1 blockchain, said it is collaborating with Microsoft, Brevan Howard and South Korean wireless telecommunications operator SK Telecomto offer institutions a gateway into decentralized finance. The partnership will offer Aptos Ascend, a suite of end-to-end institutional solutions like regulatory requirement help, tools to maintain account and transaction privacy and embedded features for know-your-customer (KYC) checks. {{APT}}\nApril 18:P2P.org, a provider ofnon-custodial staking services for professional investors, introduced "restaking with DVT on staking infrastructure SSV Network, recently surpassing 500,000 ETH staked. The new offering leverages EigenLayer technology to provide institutional clients a secure, decentralized staking option. With an APR exceeding 5.6%, it taps into Ethereum and layer-2 chains, endorsed by flagship client crypto financial services platformMatrixport."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.', '(Updates at 0805 GMT)\nBy Huw Jones\nLONDON, April 19 (Reuters) - Global shares eased, oil prices surged and U.S. bond yields fell on Friday after reports that Israel attacked Iran, in the latest reminder of how the Middle East tinderbox is casting a growing shadow over markets.\nIsrael\'s attack on Iranian soil was the latest tit-for-tat exchange between the two arch foes, sending safe haven currencies such as the yen and Swiss franc higher and putting gold on track for its fifth week of gains.\nOil prices jumped $3 a barrel on concern that Middle East oil supply could be disrupted, but later pared some of the gains after Iran said it has not plans for an immediate retaliation, denying that any attack had taken place.\nU.S. Treasuries rallied, pushing down yields on the benchmark 10-year bond to 4.5899%.\nThe MSCI All Country stock index was down 0.38% at 746.54 points, retreating further from its lifetime high of 785.62 points a month ago, though still up about 3% for the year.\nIn Europe, the STOXX index of 600 leading companies was down 0.7%.\nMarkets are caught in the crosshairs of a "triple whammy" - a U.S. Federal Reserve reluctant to cut interest rates, disappointing semiconductor earnings, such as at Taiwan\'s TSMC, and rising geopolitical risks.\nNaka Matsuzawa, chief macro strategist at Nomura in Tokyo said the events in the Middle East exacerbate the trend of rising global inflation expectations.\n"This is not just a Middle East thing that causes the risk off now. More fundamentally, it\'s the fading rate-cut expectations by the Fed, and on the back of it is higher inflation expectations, and this conflict...makes the thing worse basically," Matsuzawa said.\nU.S. stock index futures were down about 0.4%, with no major data expected before the opening bell.\nNetflix will be an initial focus on Wall Street after its shares fell after-hours on Thursday when the company unexpectedly announced that it will stop reporting subscriber numbers each quarter, seen as a sign that years of customer gains in the streaming wars are coming to an end.\nRoss Yarrow, managing director of equities at RW Baird, said the tensions in the Middle East have the potential to tick the two biggest inflation risk boxes.\n"The first of that is an oil shock - we have seen this tape play out before, with Brent over $100 a barrel and so on," Yarrow said.\n"The other is container shipping costs," Yarrow said, adding that so far there was no sign of these going back up after their blip higher earlier in the year due to tensions in the Red Sea.\nMeanwhile, first quarter earnings season gets underway, with market expectations quite low with pressure on a narrow group of stocks to perform, Yarrow added.\nCHIPS ARE DOWN\nEquity markets were already heading lower before the Middle East headlines, as more robust U.S. economic data spurred additional Fed officials to signal no rush to lower interest rates.\nChip-sector stocks were hit particularly hard by both the outlook for protracted tight monetary policy and investor disappointment at Taiwan Semiconductor Manufacturing Co\'s decision to leave capital spending plans unchanged. The stock slumped as much as 6.6%.\nA day earlier, ASML, the largest supplier of equipment to computer chip makers, reported lacklustre new bookings.\nMSCI\'s broadest index of Asia-Pacific shares was down 1.7%, after earlier diving as much as 2.6%.\nThe safe-haven yen rallied as much as 0.7% against the dollar, but was last trading little changed on the day. The Swiss franc was about 0.6% higher versus the dollar, paring earlier gains of as much as 1.2%.\nGold was 0.3% higher at $2,385 an ounce, but had risen as far as $2,417.59, just shy of last week\'s all-time high at $2,431.29.\nBrent futures surged as much as 4.2% and were last up 0.9% at $87.95. Iran is the third-largest oil producer of the Organization of the Petroleum Exporting Countries, according to Reuters data.\nBitcoin was up 1.6% at $64,559.\nJapan\'s Nikkei was last down 2.6%, while Taiwan\'s stock benchmark fell 3.8%. Hong Kong\'s Hang Seng lost 0.9%.\n(Reporting by Huw Jones, additional reporting by Kevin Buckland; Editing by Sam Holmes and Christian Schmollinger, Kirsten Donovan)', 'Bitcoin\'s (BTC) price has been volatile this week, whipsawing between $59,980 (£48,222) and $64,500 on Friday alone, ahead of the upcoming "halving" event.\nThe Bitcoin halving, occurring approximately every four years, involves a reduction in the number of bitcoins rewarded to miners, creating scarcity and potentially impacting thecryptocurrency\'s price. It is expected to complete on either 19 or 20 April, with the block reward dropping from 6.25 to 3.125 BTC per block.\nPrevious halvings have spurred on price increases for the crypto-asset. On Friday morning in London bitcoin\'s price had increased 5.3% over the last 24 hours.\nRead more:What is bitcoin halving and how will it impact its price?\nThis halving comes after the approval of multiple spot Bitcoin exchange traded funds in January, which has seen billions of inflows into products launched by the likes of Blackrock (BLK) and Fidelity.\nOil prices have been on a wild ride this week, with volatility spurred on by rising tensions in the middle east.\nBrent crude and West Texas Intermediate fell in tandem on Wednesday before spiking again on Friday asenergy markets weigh Iran\'s attack on Israel, and Israel\'s air strikes in retaliation late on Thursday.\nRead more:FTSE 100 LIVE: European stocks slump and oil rises as Israel retaliates against Iran\nThere have so far not been any reports of damage or casualties in Iran, according toSky News.\nBrent crude was trading at $87.90 per barrel on Friday while crude sat at $83.53. Both were up about 1% just after 9am.\nNetflix stock was trending almost 4.8% lower in premarket on Friday after it posted a disappointing second quarterrevenue forecast.\nDespite other positive numbers — such as a rise in operating income of 54% and additional 9.3m subscribers globally in the first quarter — management said net additions would slow in Q2 compared with Q1 due to "typical seasonality".\nRead more:Stocks that are trending today\nMeanwhile, operating margin rose by seven percentage points to 28% and management raised its full-year margin guidance to 25%.\nGold briefly flirted with record highs again on Friday, jumping to $2,428 an ounce as geopolitical risk sends traders to haven assets. It is currently sitting at just above $2,404. The rally in this year alone due to multiple conflicts has seen gold\'s price rise from just above $2,000.\n"A clear geopolitical risk premium has been driving the market, though a simple metric of M1 to gold above ground implies $2,400 is about average," said Neil Wilson, chief market analyst at Finalto.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin\'s (BTC) price has been volatile this week, whipsawing between $59,980 (£48,222) and $64,500 on Friday alone, ahead of the upcoming "halving" event.\nThe Bitcoin halving, occurring approximately every four years, involves a reduction in the number of bitcoins rewarded to miners, creating scarcity and potentially impacting thecryptocurrency\'s price. It is expected to complete on either 19 or 20 April, with the block reward dropping from 6.25 to 3.125 BTC per block.\nPrevious halvings have spurred on price increases for the crypto-asset. On Friday morning in London bitcoin\'s price had increased 5.3% over the last 24 hours.\nRead more:What is bitcoin halving and how will it impact its price?\nThis halving comes after the approval of multiple spot Bitcoin exchange traded funds in January, which has seen billions of inflows into products launched by the likes of Blackrock (BLK) and Fidelity.\nOil prices have been on a wild ride this week, with volatility spurred on by rising tensions in the middle east.\nBrent crude and West Texas Intermediate fell in tandem on Wednesday before spiking again on Friday asenergy markets weigh Iran\'s attack on Israel, and Israel\'s air strikes in retaliation late on Thursday.\nRead more:FTSE 100 LIVE: European stocks slump and oil rises as Israel retaliates against Iran\nThere have so far not been any reports of damage or casualties in Iran, according toSky News.\nBrent crude was trading at $87.90 per barrel on Friday while crude sat at $83.53. Both were up about 1% just after 9am.\nNetflix stock was trending almost 4.8% lower in premarket on Friday after it posted a disappointing second quarterrevenue forecast.\nDespite other positive numbers — such as a rise in operating income of 54% and additional 9.3m subscribers globally in the first quarter — management said net additions would slow in Q2 compared with Q1 due to "typical seasonality".\nRead more:Stocks that are trending today\nMeanwhile, operating margin rose by seven percentage points to 28% and management raised its full-year margin guidance to 25%.\nGold briefly flirted with record highs again on Friday, jumping to $2,428 an ounce as geopolitical risk sends traders to haven assets. It is currently sitting at just above $2,404. The rally in this year alone due to multiple conflicts has seen gold\'s price rise from just above $2,000.\n"A clear geopolitical risk premium has been driving the market, though a simple metric of M1 to gold above ground implies $2,400 is about average," said Neil Wilson, chief market analyst at Finalto.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Ever since the Securities and Exchange Commission (SEC) approved some spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs), cryptocurrency-related news items have shown up on the front page of the financial press and even the nonfinancial press. Crypto veterans might find it amusing to see pundits suddenly using geek-speak and debating the expected impact of the imminent Bitcoin halving event.\nWhile the halving can\'t be disregarded as a nonfactor, it shouldn\'t be viewed as the be-all and end-all of Bitcoin-related events. And with the Bitcoin price knocking on $70,000\'s door but then pulling back, there are other considerations -- including the musings of a central bank that\'s not necessarily crypto-friendly and that will remain meaningful for years to come.\nJust to recap, the halving is an event in which the reward for mining Bitcoin is reduced by 50%. There\'s an upcoming halving event, estimated to occur this Saturday or so, wherein miners\' reward for verifying transactions on the Bitcoin blockchain will be halved from 6.25 coins to 3.125.\nThis isn\'t done to impoverish Bitcoin miners, of course; rather, halvings reduce the supply growth of the coins. After all, a main pillar of the bullish Bitcoin thesis is that it\'s written into the code that the token\'s supply will be limited, thereby preventing inflation and debasement.\nIt\'s tempting to make a bigger deal of the halving event than is warranted. This time, it\'s been thrust into the media not because this particular halving is special or different, but mostly because awareness is building and the Bitcoin price rallied recently. Moreover, it feels like the Summer Olympics because Bitcoin halvings only happen once every four years.\nAdditionally, huge but diminishing Bitcoin price rallies (93 times, 30 times, and 8 times) have followed the previous three halvings. Don\'t get too excited, though, as the historical sample size, at just three, is quite insufficient to draw any definitive conclusions.\nMost of all, the financial markets are efficient, awareness is widespread this time around, and the impending halving event and its expected post-event rally have probably already been priced in ahead of time. Consider the possibility that, just maybe, foreknowledge of this year\'s halving event (along with a heaping dose of spot Bitcoin ETF hype) is what pushed Bitcoin to $70,000 in the first place.\nInstead of obsessing over the halving, Bitcoin investors should keep tabs on America\'s central bank and monetary policy maker, the Federal Reserve. Unlike the halving event, which is known and already factored in, future Fed policy decisions remain unknown, unknowable, and ever in flux.\nThe market\'s consensus estimate for the number of interest rate cuts in 2024 has dropped from six or seven, to maybe two or three, to possibly one or none. This helps to explain why bond yields recently rose and theS&P 500pulled back from its seemingly relentless rally.\nNot long ago, at the Washington Forum on the Canadian Economy, Fed Chairman Jerome Powell warned of a "lack of further progress so far this year on returning to our 2% inflation goal." In other words, while the Fed will always remain data dependent, don\'t count on an interest rate cut happening anytime soon.\nThat\'s potentially bad news for risk-on assets, and cryptocurrency is among the most risk-on of all. Until the Fed pivot actually happens and it cuts rates, investors should expect Bitcoin to wobble and lurch.\nBut then, volatility is par for the course with crypto, even if it\'s Bitcoin, the bluest of blue-chip tokens.HODL-ing(crypto lingo for "holding") Bitcoin involves a long-term thesis that an inflation-resistant asset can gain value in relation to an inflation-wracked currency (i.e., the U.S. dollar, against which Americans generally value Bitcoin). If you\'re on board with this bold concept and have a years-long time horizon, then it makes perfect sense to buy Bitcoin while it\'s below $70,000 -- and if the halving happens to give your Bitcoins value a boost, all the better.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $514,887!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It\'s Below $70,000?was originally published by The Motley Fool', 'Ever since the Securities and Exchange Commission (SEC) approved some spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs), cryptocurrency-related news items have shown up on the front page of the financial press and even the nonfinancial press. Crypto veterans might find it amusing to see pundits suddenly using geek-speak and debating the expected impact of the imminent Bitcoin halving event.\nWhile the halving can\'t be disregarded as a nonfactor, it shouldn\'t be viewed as the be-all and end-all of Bitcoin-related events. And with the Bitcoin price knocking on $70,000\'s door but then pulling back, there are other considerations -- including the musings of a central bank that\'s not necessarily crypto-friendly and that will remain meaningful for years to come.\nJust to recap, the halving is an event in which the reward for mining Bitcoin is reduced by 50%. There\'s an upcoming halving event, estimated to occur this Saturday or so, wherein miners\' reward for verifying transactions on the Bitcoin blockchain will be halved from 6.25 coins to 3.125.\nThis isn\'t done to impoverish Bitcoin miners, of course; rather, halvings reduce the supply growth of the coins. After all, a main pillar of the bullish Bitcoin thesis is that it\'s written into the code that the token\'s supply will be limited, thereby preventing inflation and debasement.\nIt\'s tempting to make a bigger deal of the halving event than is warranted. This time, it\'s been thrust into the media not because this particular halving is special or different, but mostly because awareness is building and the Bitcoin price rallied recently. Moreover, it feels like the Summer Olympics because Bitcoin halvings only happen once every four years.\nAdditionally, huge but diminishing Bitcoin price rallies (93 times, 30 times, and 8 times) have followed the previous three halvings. Don\'t get too excited, though, as the historical sample size, at just three, is quite insufficient to draw any definitive conclusions.\nMost of all, the financial markets are efficient, awareness is widespread this time around, and the impending halving event and its expected post-event rally have probably already been priced in ahead of time. Consider the possibility that, just maybe, foreknowledge of this year\'s halving event (along with a heaping dose of spot Bitcoin ETF hype) is what pushed Bitcoin to $70,000 in the first place.\nInstead of obsessing over the halving, Bitcoin investors should keep tabs on America\'s central bank and monetary policy maker, the Federal Reserve. Unlike the halving event, which is known and already factored in, future Fed policy decisions remain unknown, unknowable, and ever in flux.\nThe market\'s consensus estimate for the number of interest rate cuts in 2024 has dropped from six or seven, to maybe two or three, to possibly one or none. This helps to explain why bond yields recently rose and theS&P 500pulled back from its seemingly relentless rally.\nNot long ago, at the Washington Forum on the Canadian Economy, Fed Chairman Jerome Powell warned of a "lack of further progress so far this year on returning to our 2% inflation goal." In other words, while the Fed will always remain data dependent, don\'t count on an interest rate cut happening anytime soon.\nThat\'s potentially bad news for risk-on assets, and cryptocurrency is among the most risk-on of all. Until the Fed pivot actually happens and it cuts rates, investors should expect Bitcoin to wobble and lurch.\nBut then, volatility is par for the course with crypto, even if it\'s Bitcoin, the bluest of blue-chip tokens.HODL-ing(crypto lingo for "holding") Bitcoin involves a long-term thesis that an inflation-resistant asset can gain value in relation to an inflation-wracked currency (i.e., the U.S. dollar, against which Americans generally value Bitcoin). If you\'re on board with this bold concept and have a years-long time horizon, then it makes perfect sense to buy Bitcoin while it\'s below $70,000 -- and if the halving happens to give your Bitcoins value a boost, all the better.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $514,887!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It\'s Below $70,000?was originally published by The Motley Fool', "Since I started investing inBitcoin(CRYPTO: BTC)in the early 2010s, I've made quite a few mistakes in cryptocurrency investing that it would be good for other investors to avoid. Each of these errors eventually taught me something valuable, and, with practice, I don't make them anymore.\nHere are four of my worst mistakes -- and how to avoid making them yourself, even when it's very tempting.\nMy most consistent mistake in crypto investing has been to buy when coins are pricey due tofear of missing out (FOMO)on the rest of an ongoing speculative boom.\nLet's take a moment and look at a chart ofDogecoin(CRYPTO: DOGE)over the past five years:\nIf you had the power to choose, where would you prefer to buy? Probably well in advance of 2021's major run-up, though getting in after the first small wave of attention wouldn't have been too bad. Even after the big crash, you'd still be holding your coins at a profit.\nNow, where would you least prefer to invest? At the top of the peak in 2021, of course. And yet time and time again, countless cryptocurrency investors make the choice to buy when prices are in the stratosphere, only to later get shaken out of their positions when the price drops.\nAvoiding this mistake is easier when you appreciate that there are many different opportunities to catch in the cryptocurrency market. It's true that speculative bubbles in a coin's pricing can last much longer than most people expect. It's also true that if you're patient enough, sometimes it doesn't matter what price you buy your tokens at.\nBut you'll have a much easier time holding onto your positions if you accept that you're not going to be able to capitalize on every single opportunity, including some of the ones that become the most popular. Always try to step back and recognize where the market is in the hype cycle before committing.\nAs you may have guessed thanks to the success ofmeme coinslike Dogecoin andShiba Inu(CRYPTO: SHIB), among others, a cryptocurrency does not necessarily need to have an actual use for its price to run up to absurd heights.\nIn fact, to date, no utility coins intended solely for a non-speculative purpose have ever reached anywhere remotely in the ballpark of the coin market caps of the big memes. With the advent of distributed autonomous organization (DAO) coins and other utility-oriented projects, that may eventually change.\nFor now, a coin having an actual end use is just a bonus, and only if the strategic vision of the coin's developers is persuasive and brought to fruition. And take note: The Shiba Inu team's plan to build out an ecosystem of services called the Shibarium during the past few years has done very little to raise its price. So simply adding utility to a meme coin project is not necessarily adding much value.\nIt took me a long time to recognize that utility is not everything. I watched Dogecoin rise from the sidelines, convinced that it would never be used for anything, and that it would crash to zero.\nIt did crash. But not to zero. And people still buy it to this day. The lesson here is that sometimes our instincts derived from outside the cryptocurrency market are totally wrong, and it pays to study how and why.\nLetting your winners ride before taking profits is often a good choice. When it's time to cash in, there's a right way and a wrong way to take profits from your winning positions.\nThe right way is to know when a coin has reached one of the price targets in your investing plan, trim a sizable chunk off to take profit, and then reassess whether it's worth holding the remainder for longer.\nAnd then there's the way that I've tended to do it: Selling 100% of my holdings in one go after giddily holding it on the way up, past my original price target. The consequences were missing out on even larger gains from holding even longer.\nI made this mistake multiple times with my Bitcoin positions from 2012 through 2015 because I lacked the conviction to hold -- and those tokens would be worth millions and millions now. Look at this chart:\nYou might be thinking that it's not so bad to take profits too heartily, as at a minimum the profit is secured, and you're correct on that point.\nIt's a question of optimizing your investing workflow for making the most money; if you don't need the profits today, and you don't have a better investment to funnel the extra cash to, there's simply not much reason to quit your position entirely if your Last 60 Days of Bitcoin's Closing Prices: [51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-19 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,218,627,577,344 - Hash Rate: 648454182.1198951 - Transaction Count: 393190.0 - Unique Addresses: 727141.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin fell to as low as $50,700 late Wednesday, while ether dropped just under $2890 before reversing losses early Thursday. • Some traders said the sell-offs were expected and not indicative of a broader market trend, citing price-action analysis. The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took profits and market observers looked to the earnings report of chipmaker Nvidia (NVDA) as a catalyst for movements. Bitcoin {{BTC}} fell to as low as $50,700 late Wednesday, while ether {{ETH}} dropped just under $2890 before reversing some losses. Polygon’s MATIC led losses among crypto majors, slipping 7%, while Cardano’s ADA and XRP were down as much as 5%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, dropped 1.2%. Markets slumped in anticipation of Nvidia’s fourth-quarter earnings reports, which beat expectations andspurred a rallyin artificial intelligence (AI) tokens. AI tokens saw a surge in activity last week on the back of OpenAI introducing its Sora product. The total market cap of AI tokens crossed $15 billion, with Worldcoin’s WLD hitting an all-time high. The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs or bets on higher prices. Shorts, or bets on lower prices, were later impacted as the market recovered following the Nvidia report. As such, some traders said the sell-off was expected and not indicative of a broader market trend, citing price-action analysis. “Bitcoin has managed to avoid a sell-off without replicating the upward momentum observed in recent days,” said Alex Kuptsikevich, FxPro senior market analyst, in an email. “Technically, Ethereum’s pullback to $2700 is a correction of this month’s rally and should not cause much alarm. “A break below these levels could be a cause for concern for these assets,” he added. However, some market participants are predicting the start of the alt season, but some remain cautious. Markus Thielen, head of 10x Research, pointed to the continued dominance of bitcoin with a 51% market share in a report earlier this week. Thielen said dominance “needs to fall below 45%” for the altcoin season to begin. Bitcoin dominance represents the ratio between the market capitalization of bitcoin and the market capitalization of all other cryptocurrencies. Historically, falling dominance has indicated a migration of capital toward other tokens, which is favorable for altcoin investors.... - Reddit Posts (Sample): [['u/Purplepunch36', 'Had to sell out, new BTC balance 0.00', 767, '2024-04-19 01:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', 'Feels bad man. My goal was to get to .1 BTC, almost had it at .095 BTC but life sometimes hands you lemons sometimes and you gotta do what you gotta do.\n\nStarted my own business recently and been working my ass off but bills and paying down debt comes at you fast. I at least used it to pay off a credit card so even though my BTC balance is at 0, so is my AMEX.\n\nAnyway, just venting but I hope to be back at it. Just going to bust ass and get things going even harder now. Sad to see, but also a huge motivator in a way. Love this subreddit and all the shitposting, the comments honestly make my day in most situations at least. ', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', '1c7hfr2', [['u/midastouch900', 106, '2024-04-19 01:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ws3z/', "I just bought so I may well have it, thank you brother, I'll keep it safe! Look forward to you re-joining when the time is right.", '1c7hfr2'], ['u/Purplepunch36', 17, '2024-04-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07xhjh/', 'Appreciate it haha', '1c7hfr2'], ['u/lordinov', 10, '2024-04-19 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07y4yw/', 'Got 8k in credit card debt at the moment. Better to pay 200 monthly payment half of it interest than to sell 8k btc to clear it but that’s me', '1c7hfr2'], ['u/icanhazglass', 10, '2024-04-19 01:22', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07yc8r/', "Gotta live you're life.", '1c7hfr2'], ['u/Own-Veterinarian-289', 32, '2024-04-19 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ysk7/', 'Don’t downplay the importance of your own business! Imagine yourself getting more income because of your business and being able to buy more bitcoin in the near future', '1c7hfr2'], ['u/Daisyssssmom', 887, '2024-04-19 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07zr31/', 'When your business takes off you’ll be a wholecoiner', '1c7hfr2'], ['u/Purplepunch36', 305, '2024-04-19 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ay2/', 'I needed that, thank you.', '1c7hfr2'], ['u/Purplepunch36', 11, '2024-04-19 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ilg/', 'Oh for sure. I mean I went I to this knowing these isn’t overnight success but still sucks. Bittersweet feeling for sure', '1c7hfr2'], ['u/Purplepunch36', 18, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080osy/', 'Debt freaks me out and unfortunately not in a position to have anything hurt the good ol credit score right now', '1c7hfr2'], ['u/Salty-Yak-9225', 12, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080rms/', "I think you should only invest if you have money to throw around. Get your business on track and when you're raking it in, think about investing.", '1c7hfr2'], ['u/JMoops', 44, '2024-04-19 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l082p3s/', 'Has to do a similar thing a while back. I have a child with Autism and he struggles hard at school so my wife’s hours were cut back drastically. Had to sell all my BTC just so we wouldn’t be kicked out of our home.', '1c7hfr2'], ['u/Inevitable_Art8536', 247, '2024-04-19 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08329x/', 'Having 1 BTC doesn’t really matter if you have 60k in credit card debt. \n\nPaying off the debt is the right thing to do', '1c7hfr2'], ['u/XBThodler', 27, '2024-04-19 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l084muo/', "You've started a new business? Wise up and accept Btc payments right off the bat 😀 soon you'll be reaching your goal", '1c7hfr2'], ['u/Purplepunch36', 40, '2024-04-19 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085jmh/', 'I’d say your situation is 10x more important than mine. Good for you man. Good dad.', '1c7hfr2'], ['u/Purplepunch36', 49, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085nn7/', 'Agree, not about to deal with that interest either. I’ll be back.', '1c7hfr2'], ['u/Complex_Signature821', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085qck/', 'Thats wat bitcoin is for 🤷\u200d♂️, u sell it when u need or want the money', '1c7hfr2'], ['u/Supercc', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085ris/', "It's ok brother, success is falling 7 times and getting up 8.\n\n\nKeep at it.", '1c7hfr2'], ['u/Complex_Signature821', 24, '2024-04-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l0860vm/', 'Give people a 5% discount if they pay with bitcoin then theyd rlly be incentivized to use bitcoin', '1c7hfr2'], ['u/joannew99', 12, '2024-04-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l088gf1/', "5% isn't enough to incentivize anyone, not even someone who already knows about BTC. Gonna need 15%+ discount to pique people's interest.", '1c7hfr2'], ['u/Weak-Signature-6285', 73, '2024-04-19 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08a6sg/', 'There is nothing wrong with investing in yourself first', '1c7hfr2'], ['u/Inevitable_Art8536', 13, '2024-04-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08bpkb/', 'This make zero sense.', '1c7hfr2'], ['u/Yung-Split', 15, '2024-04-19 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08c06h/', 'I thought about this a few weeks ago and the truth of the matter is, investing in bitcoin is investing in yourself. Who was it that had the wits about them to study and learn and invest in Bitcoin? YOU! An investment in bitcoin is a bet on your ability to discern a good investment.', '1c7hfr2'], ['u/Tasty_Action5073', 11, '2024-04-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ddl2/', 'My friend. Your Bitcoin saved you. That’s why it’s here.', '1c7hfr2'], ['u/CryptoSpyro', 12, '2024-04-19 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ebw6/', "Doesn't that same logic apply to every investment provided you do your due diligence XD", '1c7hfr2'], ['u/nickoaverdnac', 11, '2024-04-19 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08fary/', "All that matters is that you OWN SOMETHING.\n\nThat could be bitcoin, it could be a house, it could be a business. But the whole damn point is to have something that grows with inflation. \n\nDon't sweat it, you're doing great!", '1c7hfr2'], ['u/BlackRaider007', 13, '2024-04-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08jlu7/', 'OP said .1 BTC (0.1)', '1c7hfr2'], ['u/cryptoguerrilla', 14, '2024-04-19 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08tddo/', 'Due what?? I bought BTC for the cheap internet weed.', '1c7hfr2'], ['u/Fame8X', 39, '2024-04-19 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08x1du/', 'Do not do what I’ve done and let that credit card get used again. You sacrificed something, now put it away and out of your wallet if you don’t desperately need it.', '1c7hfr2'], ['u/RobbAllen15', 17, '2024-04-19 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09hywc/', "Bury it in a waterproof locked box under one of your neighbor's daughter's windows because then you know you don't want to go and get it unless you really have to! You don't want your neighborhood thinking you're a pervert. Lol", '1c7hfr2'], ['u/njchil', 14, '2024-04-19 11:18', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09uwvj/', "Let people pay you in BTC for your business! You'll be laughing", '1c7hfr2']]], ['u/loondri', 'I studied 5,000+ Series A and Series B stage companies in the USA to identify the next unicorns', 32, '2024-04-19 01:49', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', "I researched over 5000 Series A and Series B stage companies in the USA to identify the next unicorns.\n\nI identified 10 companies that I feel could become unicorns very soon based on several factors including growth rates, hiring trends, and leadership. I then ranked them on a few metrics and presented the data to you below.\n\nI used Crustdata's database for this research.\n\n# Top 10 Fastest Growing Soonicorn Companies in the USA\n\n1. LangChain is a language model application development library that develops a language model framework to power applications.\n\n2. Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease.\n\n3. Duckbill is an execution engine for daily tasks that functions as a personal assistant copilot using AI-powered technology.\n\n4. Gutsy is a data-driven security governance platform that applies process mining to secure enterprises.\n\n5. rabbit inc. is a tech company specializing in creating a customized operating system using a natural language interface. They most recently launched the rabbit r1 that got a lot of attention worldwide.\n\n6. Babylon is building a new public Cosmos-based PoS blockchain called Babylon with a native token as the bridge between Bitcoin and the PoS world.\n\n7. Saronic builds scalable, fully integrated unmanned surface vehicles and vessels for naval and maritime forces.\n\n8. Unstructured transforms natural language data from raw to machine learning-ready through its open-source libraries and APIs.\n\n9. Yurts is a secure, deployable, full-stack generative AI platform for Large Language Models.\n\n10. Luminopia is developing a new class of treatments through digital therapeutics for significant neuro-visual disorders.\n\nYou can read the full research (with some cool pictures & graphs) [here](https://goldenpineapple.substack.com/p/the-usas-next-unicorns)", 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', '1c7iigk', [['u/YodelingVeterinarian', 16, '2024-04-19 03:08', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/l08dpn9/', 'Langchain needs to figure out how to actually monetize their services. They have langsmith but unclear how much it’ll actually bring in.\xa0', '1c7iigk']]], ['u/Yzord', 'is it 2028 already?', 59, '2024-04-19 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/', 'Come on, this halving is going to be boring. Some newbies (ETF players) are playing with BTC like they think they mentally own the hodlers. Instead of that they are making there own colleagues crazy. Lets face it, the halving kicks in in about 24 hours and then a dump kicks in (yawn) and big panic breaks out. But not under the hodlers. They watch it and think: fuck it, been here for almost 14 years, they have to come with something better then these predictable moves. Fud breaks out, newbie investors (regular people) dump there shit and are screaming they all knew this before the halving.\n\nThe summer holiday kicks in, the traditional stock dump fest is around the corner and the whole world is on fire, literally. Saddam Hussein and Gaddafi pale in comparison to the aggression spreading across the world. People will be afraid for their social and economic position and the IMF stands ready to "help you out". And then the positive fud kicks in by JP Morgan and all those predictable smucks who should have been placed in jail for their criminal actions in 2008. Also the year Bitcoin saw its light and opened his arms to the people. \n\nSo, the halving of 2028 will be much much more spectacular then this year. Who will financially survive the mental teardown they want to spread over this world the upcoming years? The next four years will be very important for humanity itself. The big fight against useless fiat money which hasn\'t a value anymore. Even the paper which it is printed on has more direct value then the currency on it. A currency which they still want us to believe that it is the only value we have to pay with. Of course, followed up by the CBDC, because they can\'t keep up the pace of BTC. \n\nSo i gratulate everyone with tomorrows halving. A big day for BTC. But will it be big for the new investors pored in last 6 months? All i can say is, don\'t fucking sell what you have. Because you are going to need it. And not as an investment, but to stand rock solid in the spiritual and mental war they are pushing us in. War is not only bombs and kills. War is also in your head. \n\nAre you capable of hodling BTC? Or will you one of the peeps which owns nothing and will be unhappy? i can\'t answer it, but i hope this small thought i placed on the internet will give some people the guidelines we need. Because we are the people and together we can make BTC in 2028 the turn we need to survive.\n\nThank you for reading. Happy halving.', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/', '1c7iquw', [['u/chasecards19', 117, '2024-04-19 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08ayir/', "Sir, this is a Wendy's", '1c7iquw'], ['u/undecided987654', 11, '2024-04-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08cfet/', 'I don’t think dump coming as ETF holders can’t sell on weekend and by time Monday comes around it will be “over”', '1c7iquw'], ['u/pie_sniffer', 22, '2024-04-19 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08o6vm/', 'I love these definitive posts laying out exactly what’s going to happen to the price of a high risk, high volatility speculative asset.', '1c7iquw']]], ['u/okhzmuskhsm', 'BSVer thinks Craig\'s careful legal strategy failed because of "bad actors" and people aren\'t smart enough to "comprehend a situation as complicated as the affairs of Bitcoin and all the people and technical nuance involved"', 14, '2024-04-19 02:43', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/', '[https://www.reddit.com/r/bitcoincashSV/comments/1c6yh9l/comment/l05kq6a/?utm\\_source=share&utm\\_medium=web3x&utm\\_name=web3xcss&utm\\_term=1&utm\\_content=share\\_button](https://www.reddit.com/r/bitcoincashSV/comments/1c6yh9l/comment/l05kq6a/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/', '1c7jnnn', [['u/brightfuture2483', 10, '2024-04-19 04:22', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l08o34w/', "Have you ever met a bigger bunch of victims that CSW and the whole BSV cheer squad? Everything that goes wrong is always someone else's fault.", '1c7jnnn'], ['u/cryptodevil', 13, '2024-04-19 12:45', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l0a2kxl/', 'Judge: \\hears all the evidence that Craig is Satoshi - all the evidence is proven to be fake, gets to watch an actual audit-trail keystroke animation of him fabricating the LaTeX file AND Craig even submits more email forgeries himself DURING the trial\\\n\nJudge: "Craig Wright is not Satoshi"\n\nBSV Cult: "The Judge is corrupt!"', '1c7jnnn'], ['u/long_man_dan', 10, '2024-04-19 17:07', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l0b3ogt/', 'They were praising him and calling him a great judge while they could live in their echo chamber and pretend that the case wasn\'t utterly devastating from start to finish for Craig.\n\nThose idiots literally thought Craig\'s testimony, the angry yelling and buckets of excuses for forgeries instead of talking about "evidence" (because his evidence IS forgeries) was great and would win him the case. Literally they are a giant bucket of idiots.\n\n \nMeanwhile, all of our explanations and takes on the case were proven CORRECT ONCE AGAIN.\n\nBSVers are bellweathers for always being wrong. BSVtard says something is true? You can be sure it\'s false.', '1c7jnnn']]], ['u/Phoenix5869', '“1 BTC = 1 BTC”', 83, '2024-04-19 02:48', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/', 'I’ve never understood why cryptobros will say “1 BTC = 1 BTC” as if it means something. If i tell you “1 Bar of Gold = 1 Bar of Gold” , or “1 House = 1 House” , then what the fuck does that mean? How the fuck am i supposed to get any meaning out of that.\n\nIt’s like saying “1 Dollar = 1 Dollar” and expecting for that to be the decider on how much value it has. It’s so dumb lol.', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/', '1c7jr9b', [['u/tunatornado1200', 123, '2024-04-19 02:59', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08cfde/', 'Few understand', '1c7jr9b'], ['u/anyprophet', 91, '2024-04-19 03:01', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08cpzt/', "it would make more sense if they used bitcoin for it's own sake but they very deeply care about its value in dollars.", '1c7jr9b'], ['u/Ablomis', 85, '2024-04-19 03:25', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08g1pc/', 'Basically what they are same is that BTC price in fiat is irrelevant because BTC is a thing in its own.\n\nBut at the same time everyone claps when BTC price goes up in USD.\n\nSo there is some hypocrisy.', '1c7jr9b'], ['u/WestToEast_85', 10, '2024-04-19 03:32', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08h2vo/', '“1 House = 1 House” at least sort of makes sense. A house has utility beyond the price going up.', '1c7jr9b'], ['u/UniqueID89', 19, '2024-04-19 03:40', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08i8l8/', 'When price plummets “Fiat/USD is irrelevant, 1BTC = 1BTC. Few understand. HFSP!”\n\nPrice goes up “NEW ATH IN FIAT! HFSP!” \n\nCoping mechanism in a bear-ish situation.', '1c7jr9b'], ['u/StrangelyBrown', 28, '2024-04-19 03:54', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08k7ra/', 'This post is proof that few understand, therefore proof that 1 btc = 1 btc', '1c7jr9b'], ['u/NotADamsel', 19, '2024-04-19 04:05', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08lq84/', 'Yeah, it’s like the difference between folks who buy houses for an investment, and someone buying one to live in. Only for the latter, “1 house = 1 house” makes sense as they’re mainly concerned with using their house.', '1c7jr9b'], ['u/i-can-sleep-for-days', 14, '2024-04-19 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08m1ic/', 'Few understand because we are so early.', '1c7jr9b'], ['u/Kayshift', 17, '2024-04-19 04:42', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08qqjl/', "20 years ago it was made to circumvent the evil banking instiutions and inflation degeneracy.\n\n10 years ago mass adoption was the goal, btc wanted nothing to do with investment banks\n\nToday, BTC welcomes ETF's with open hands & line needs to go up", '1c7jr9b'], ['u/Far_Breakfast_5808', 16, '2024-04-19 04:45', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08r69m/', "And the sad part is that if you bring up that inconsistency in r-Bitcoin, you'll be banned.", '1c7jr9b'], ['u/vasilenko93', 12, '2024-04-19 05:29', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08wtuh/', 'I take a $1 and go to a person and ask if we can trade my $1 for their $1 they will say sure. Because why not.\n\n$1 = $1', '1c7jr9b']]], ['u/Efficient_Spot_5168', 'Update on my 20k car loan', 69, '2024-04-19 04:02', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/', 'I 20m made a post about 2 days ago talking about how i was thinking of getting a 20k car loan. \n\nI received so many comments from people trying to help me and insulting me. \n\nI decided it was a very stupid decision to even consider doing that. \n\nI realized i would have been broke for the next couple years just to drive a nice car. \n\nI’m currently looking for a reliable car that is still fun to drive in the 8-15k range and i will be paying in cash. \n\nI’ve been looking at Subarus, Infinitis, Toyotas, and Honda. \n\nI have about 10k in hysa and close to 4k in checking account and about $550 in stocks/Bitcoin and my car that i can sell for 5-6k. \n\nI’m making about 1.5k monthly mostly from social media while working two days a week at my part time job. \n\nAfter i buy the car i’m gonna contribute $500 a month to my savings account. \n\nI’d like to thank everyone who told me it was a terrible idea.\n\n ( i didn’t think i was possible to have -50 karma😭)\n\n\n\n\n\n', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/', '1c7l97z', [['u/Harry_Testa-Coles', 35, '2024-04-19 04:50', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/l08rw8w/', 'I’m glad you took it well and learned from it. That really is the spirit of Financial Audit lmao', '1c7l97z'], ['u/machomanrandalsavage', 13, '2024-04-19 06:46', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/l095wto/', 'Hey congratulations on taking a right step in the right direction. I’m not a mechanic but I listen to one who happens to be my brother, he’s always steered me in a good direction. Toyotas keep their value and require verry little mantainance. My last three vehicles are Toyotas. If you can fit in one a Camry or Corolla are cars that could last 300 to 400 thousand miles with proper mantinence. I would stay away from the Prius and the hybrid systems as they require more services and are more expensive to fix. Of course this is all my opinion if you get a trusted mechanic to do a pre purchase inspection you could save yourself thousands of dollars in headaches.', '1c7l97z']]], ['u/Fedshmoker', 'The Bitcoin halving of 2024, just two days away now, will be occurring on 4/20 this year!', 94, '2024-04-19 04:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/', 'All the previous years dates and history \n\n \n\n* *1st Bitcoin halving date\xa0— November 28, 2012\xa0— Reward down: 50 BTC to\xa025 BTC\n *2nd Bitcoin halving date\xa0— July 9, 2016\xa0— Reward down:\xa0 25 BTC to\xa012.5 BTC\n *3rd Bitcoin halving date\xa0— May 11, 2020\xa0— Reward down:\xa0 12.5 BTC to\xa06.25 BTC\n *4th Bitcoin halving date\xa0— April 20, 2024\xa0— Reward down: 6.25 BTC to\xa03.125 BTC\n\n \n\nPretty dope if you think about it. Hope things stay lit in the markets and the price keeps going up like smoke....but if not its also okay more dip means more chips in the pot...', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/', '1c7le7j', [['u/Fedshmoker', 14, '2024-04-19 04:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08nuc6/', 'Yea stop being a pussy and look at the historical charts of where the price went after each of the last 3 halvings that already passed', '1c7le7j'], ['u/Fedshmoker', 27, '2024-04-19 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08nz3m/', "I didn't know countries that have been at war for better part of last 20 years but overall kinda like 1,000+ years could stop code being run globally from executing the reward halving set in place.", '1c7le7j'], ['u/Whiskeywonder', 10, '2024-04-19 04:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08oh13/', 'Halving itself is usually a non event. I wouldn’t get over excited about it.', '1c7le7j'], ['u/kingofmymachine', 12, '2024-04-19 04:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08qmjg/', 'Tbh if you actually think ww3 is about to break out you’re dumb. This same shit happens every year.', '1c7le7j'], ['u/Vipu2', 99, '2024-04-19 04:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08sp7f/', "2 days?\n\nIt's under 24h away", '1c7le7j'], ['u/giftfromthegods', 46, '2024-04-19 06:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l097axz/', 'That would mean bitcoin will be at 69k on 4/20?', '1c7le7j'], ['u/Skyobliwind', 12, '2024-04-19 10:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l09sddl/', 'It does not automatically take more and more computing power to mine. If more miners leave, it gets easier and more profitable for the others. A problem may be that this could lead to a little more centralization.', '1c7le7j'], ['u/Nyxxoo', 13, '2024-04-19 12:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a355x/', 'This just might work', '1c7le7j'], ['u/Pancakez_117', 28, '2024-04-19 12:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a3z92/', "But it's not like new years, it's gonna happen everywhere at the exactly the same time lol..", '1c7le7j'], ['u/Tygro16', 11, '2024-04-19 13:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a6h88/', 'Not only is it 420, it also is the birthday of a famous austrian painter who tried to conquer Europe. \nDo with that information what you want.', '1c7le7j'], ['u/MrAl290', 20, '2024-04-19 15:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0akv06/', 'The prophecy has been foretold', '1c7le7j']]], ['u/richoffbtc11', 'Bitcoin Owner!', 656, '2024-04-19 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/', 'I now own 0.01+ of btc after this most recent dip, I am a proud holder of my bitcoin, and excited to see where it takes me, only up 🙂🐠 any thoughts or advice? I am quite young 🙂\u200d↕️.', 'https://i.redd.it/0efpyckuhcvc1.jpeg', '1c7lhc6', [['u/Yeezus--27', 135, '2024-04-19 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08n2mo/', 'Fucking Iran and Israel ruining the halving party', '1c7lhc6'], ['u/pdx1086', 50, '2024-04-19 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08o6m0/', 'Who gives a fuck, cheaper sats', '1c7lhc6'], ['u/Ok_Channel9726', 38, '2024-04-19 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08okb1/', "Welcome to the party. Hold on to it and add to your stack. We're likely to dip a little further before heading back up. 60k will be a really good entry by the end of the year.", '1c7lhc6'], ['u/KernelPanic-42', 12, '2024-04-19 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08oy8t/', 'You mean boosting it', '1c7lhc6'], ['u/hateschoolfml', 10, '2024-04-19 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08pnxn/', '🤣 first time?', '1c7lhc6'], ['u/drzizu22', 165, '2024-04-19 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08ppwm/', 'I went from buy $500 a week. To buy $500 a day', '1c7lhc6'], ['u/BlindSquantch', 29, '2024-04-19 04:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08pvcg/', 'lol I did something similar, I was doing small increments daily to two larger amounts (for me) today 😂', '1c7lhc6'], ['u/Zombie4141', 90, '2024-04-19 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08s1pe/', 'You are about to love the next 10 months of your life. But the 11th will be brutal. But just keep holding and stacking the next bull will make you a man.', '1c7lhc6'], ['u/drzizu22', 14, '2024-04-19 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08s9z9/', 'Switched to $500 an hr till halving. Too good price', '1c7lhc6'], ['u/R3dFiveStandingBye', 12, '2024-04-19 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08sf8f/', 'Bitcoin up 108% in a year, Gold up 27%, okay dude more Sats for me', '1c7lhc6'], ['u/HornedBrigade', 50, '2024-04-19 04:59', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08t3jk/', 'Ruining today, but all this means is the money printers will turn on very hard, very soon', '1c7lhc6'], ['u/richoffbtc11', 52, '2024-04-19 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08tgxu/', 'I plan on holding for a while 😭🙏🌎🌍🌏⏳, Im relatively young (first year in college) and I’m blessed enough to be in the position where I won’t have to touch my saving or investments (knock on wood) so I will just pretend it doesn’t exist for as long as I can 🐠', '1c7lhc6'], ['u/HornedBrigade', 37, '2024-04-19 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08uneo/', 'We’re already in WW3 pal. People only realized WW2 had started about half way through', '1c7lhc6'], ['u/esmoji', 17, '2024-04-19 05:13', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08uxq0/', 'Play the long game 🙏', '1c7lhc6'], ['u/sharthunter', 14, '2024-04-19 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08wld6/', 'Yeah, tend to agree. The big players typically take a few years to really get moving. The war started with russia/ukraine, escalated with israel/gaza, iran/US, iran/Israel, india/china etc etc… there are major conflicts in multiple sections of the globe. Once NATO actually decides to enforce all those laws they supposedly uphold money printer in america is gonna go brr.', '1c7lhc6'], ['u/ProgrammerNo9025', 10, '2024-04-19 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08ygwt/', 'we will never be in WW3, with the current economic system, WW3 would be dangerous to American hegemony and global financial stability. Ironically these dumbass sanctions on Iran and Russia make these actors less sensitive about their financial system bc it is not as involved with the rest of the world as the other major actors.', '1c7lhc6'], ['u/Ill-Ad-1643', 14, '2024-04-19 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08zjbo/', 'Business as usual nothing to see here move along folks … 🙄', '1c7lhc6'], ['u/SaltLakeSlushie', 10, '2024-04-19 07:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09ckwk/', 'Switched to one BTC per BitDay until halving.', '1c7lhc6'], ['u/Kingjames23X6', 20, '2024-04-19 08:28', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09gljy/', 'I DCA about every 15 minutes regardless of the price', '1c7lhc6'], ['u/p0Gv6eUFSh6o', 27, '2024-04-19 08:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09j6cs/', "Where u guys get that money from.. I'm about to sell my friend's car to buy", '1c7lhc6'], ['u/Charming_Rub_5275', 17, '2024-04-19 09:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09n666/', 'Personally I consider it foolish to think you know exactly what’s going to happen over the next 12 months', '1c7lhc6'], ['u/mehoratty', 14, '2024-04-19 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09rrxd/', 'I agree. It’s pure insanity to me how openly people talk about the parabolic move on such and such date. Alt season etc, it’s all right there written in stone from three data points lol. Add in that everything about the cycles is out the window with the ATH hitting prior, etfs etc. I’m long and super bullish on btc but who the hell knows when it goes up down sideways etc. if only investing was setting your calendar for the parabolic moves lol.', '1c7lhc6'], ['u/TyranaSoreWristWreck', 56, '2024-04-19 11:49', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09xfur/', 'I dump my entire life savings into it every 420 nanoseconds.', '1c7lhc6']]], ['u/AutoModerator', '[Daily Discussion] - Friday, April 19, 2024', 43, '2024-04-19 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/', '1c7nj02', [['u/dopeboyrico', 10, '2024-04-19 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l090ml1/', '[AUM held in new spot ETF’s is now at $32.8158 billion through day 68 or ~531.60k BTC.](https://x.com/hodl15capital/status/1781146233991561635?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.6847 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $482.59 million with average inflows of $425.76 million or ~7.82k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 13.3%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.133.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $32.8158 billion is 0.193% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 353 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.1% of that amount of BTC over the span of 68 trading days.', '1c7nj02'], ['u/_TROLL', 10, '2024-04-19 06:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l091u9j/', '$3.5 Billion of shorts to liquidate at around $71,500 ... far too juicy for the market manipulators to pass up.', '1c7nj02'], ['u/DesperateToHopeful', 17, '2024-04-19 06:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l092j4n/', 'I tend to think Michael Saylor has had a few nose beers too many but this was an interesting framing of the halving imo:\n\n> What if an investor with unlimited capital announced a program to acquire 450 $BTC daily at the market price for the next four years and hold the asset forever? What if they increased their purchases to 675 BTC daily in 2028, and to 787.5 BTC daily in 2032? #BitcoinHalving.\n\nhttps://twitter.com/saylor/status/1781002948702622131', '1c7nj02'], ['u/John_Crypto_Rambo', 11, '2024-04-19 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0931cd/', "Then you'd have a bunch of delusional people saying it won't matter and that it's priced in.", '1c7nj02'], ['u/Butter_with_Salt', 15, '2024-04-19 06:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l093fx7/', '60k is rock solid.', '1c7nj02'], ['u/amendment64', 15, '2024-04-19 06:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0963q0/', 'Looks like escalation in the mideast. Bitcoin now showing its a risk off asset since its suddenly climbing.\n\nThere, I said it. No one can refute it; event---->price action. You all saw it. Irrefutable.', '1c7nj02'], ['u/_TROLL', 13, '2024-04-19 06:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l096px8/', ":sigh: You can't have an uninterrupted 2-year-long bull run without pullbacks. It's never happened. It never will. A red monthly candle was inevitable sooner or later.\n\nEven stuff like NVDA, which is in a bigger bubble than bitcoin has ever been in, had something like a quadruple top in 2H 2023 before rocketing higher.", '1c7nj02'], ['u/pee_one_herman', 11, '2024-04-19 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l097y7o/', 'With 114 blocks remaining, halving date/time (ET) based on various avg block times:\n\n9.50: Apr 19th, 7:05pm\n\n9.60: Apr 19th, 7:16pm\n\n9.70: Apr 19th, 7:28pm\n\n9.80: Apr 19th, 7:39pm\n\n9.90: Apr 19th, 7:51pm\n\n10.0: Apr 19th, 8:02pm', '1c7nj02'], ['u/amendment64', 10, '2024-04-19 07:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l099cv2/', "Can we do LSD memes for halvening day then? Bitcoin [bicycle day](https://en.wikipedia.org/wiki/History_of_LSD#%22Bicycle_Day%22) will melt your mind bro?! Trippin' for satoshi", '1c7nj02'], ['u/pee_one_herman', 14, '2024-04-19 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09afrh/', 'The halving made me think of stock valuation, and determining the present value of BTC using miner data? How does the halving affect the price using this method?\n\nI’m sure someone else has done this study, but results seemed to track price well and points to higher prices later this year. Still a bit immature to publish, but it is based on the “rational actor theory”. \n\nIf I were to buy a Bitcoin miner, as a rational consumer, I should pay a price less than or equal to simply buying Bitcoin on an exchange. This number is an approximation and hard to calculate, so this theory doesn’t always hold for everyday buyers/sellers. But, historically, I can determine iBTC, which is the “implied” Bitcoin price at the time I purchase my hypothetical miner.\n\nAssumptions:\n1) make regression analysis for miner hash rate and cost, such that I can estimate the $/Terahash rate for any date.\n\n2) do same to estimate power efficiency of the miner, since energy cost also makes a difference.\n\n3) for each day, hypothetically buy a $1000 miner and run it until it is unprofitable, based on daily proceeds and energy cost.\n\n4) Now you can calculate how much Bitcoin could have been mined with your hypothetical miner purchase.\n\n5) iBTC = ($1000 + total energy cost)/ # BTC mined.\n\nThe very raw results show iBTC tracks BTC fairly well, but there are large differences.\n\nHowever, this is important for halving, look at the following example.\n\nA) I purchase a hypothetical miner. The cost of the miner + total energy cost = $1000 to keep it simple. I am able to mine 0.01 BTC. So, iBTC = $1000 / 0.01 = $100,000.\n\nB) Now assume that halving were to not occur today. In theory, neglecting other miner response to this, I am able to mine double = 0.02 BTC. So, iBTC = $1000 / 0.02 = $50,000.\n\nSo halving does make a huge difference! When iBTC >> BTC, the price tends to run up. Conversely, when iBTC << BTC, FOMO is occurring and the price tends to drop.\n\nThere are many problems with the numbers, so I will not publish. Mainly, I am using past data to forecast future data. Also, I have very loosely approximated miner data and hadn’t 100% verified hash rates, etc. Lastly, it is hard to forecast the hash rate and miner performance. I tried to extrapolate, but that sometimes creates problems. \n\nAnyone have thoughts on this, care to expand, or show the results if someone else has already done this?\n\nHave fun today! 🚀', '1c7nj02'], ['u/simmol', 13, '2024-04-19 08:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09hyxi/', 'So I think this run will be the last pump before the dump in sell the news. Could see this go up to 64-65K before moving back down under 60K this weekend.', '1c7nj02'], ['u/venderil', 12, '2024-04-19 08:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09i5b2/', 'They dont have to short. Just long oil.', '1c7nj02'], ['u/ModsAreDoreens', 11, '2024-04-19 08:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09im7g/', "I think Israel responding will be good for the price. After the recent attack it was basically inevitable that they would have to respond, so better to just get it over with sooner rather than later as there's nothing the market hates more than uncertainty.", '1c7nj02'], ['u/bphase', 17, '2024-04-19 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ix68/', '"Halvening is a nothing burger"', '1c7nj02'], ['u/dnick423', 15, '2024-04-19 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ixdw/', 'I think what happens from here is more uncertain in my opinion. Further tit for tat escalation seems possible.', '1c7nj02'], ['u/getupforwhat', 15, '2024-04-19 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jncz/', "Now that's a scamwick", '1c7nj02'], ['u/imma_reposter', 15, '2024-04-19 09:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jwqc/', 'Do people actually believe this?', '1c7nj02'], ['u/BigHealthyShark', 20, '2024-04-19 09:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jzms/', '65k now reclaimed in the blink of an eye. Take a look at Peter Schiff ranting and raving on X recently, another hint that this dip may very well be over.', '1c7nj02'], ['u/mork1985', 25, '2024-04-19 09:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09k5fz/', 'Love the smell of a short squeeze in the morning…. 😎', '1c7nj02'], ['u/HBAR_10_DOLLARS', 22, '2024-04-19 09:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09m1av/', 'He sold?', '1c7nj02'], ['u/piptheminkey5', 10, '2024-04-19 09:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09m7g8/', 'There was more uncertainty before. Khomeini said he would retaliate immediately stronger.. he didn’t.. Iran is downplaying the attack.. the attack was very subdued.. Iran did not counter immediately with a strong attack, and so it looks like things are easing a bit imo. There was seemingly a lot more uncertainty prior - how big would Israel go and would it spark an immediate back and forth? Those questions are now answered', '1c7nj02'], ['u/Magikarpeles', 28, '2024-04-19 09:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09nqgx/', '99 blocks of corn til halving\n\n99 blocks of corn', '1c7nj02'], ['u/monkeyhold99', 16, '2024-04-19 10:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pcwr/', 'Ya take one down, pass it around, 98 blocks of corn til halving', '1c7nj02'], ['u/monkeyhold99', 11, '2024-04-19 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pgaz/', 'Pamp it.', '1c7nj02'], ['u/monkeyhold99', 10, '2024-04-19 10:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pmog/', '81% in just 68 trading days is nuts', '1c7nj02'], ['u/Yodel_And_Hodl_Mode', 48, '2024-04-19 10:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09sfnv/', "1st halving: $12.35\n\n2nd halving: $650\n\n3rd halving: $8,821\n\n4th halving is today. 1 BTC is at $64,495 as I type this.\n\nImagine where we'll be at the 5th halving.", '1c7nj02'], ['u/BitSecret', 13, '2024-04-19 11:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09u3gg/', "Looks like we woke up to seeing Bitcoin kiss $50Ks goodbye. Happy Halving Day! I'm ready for the $70Ks.", '1c7nj02'], ['u/a06play', 34, '2024-04-19 11:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09w4pf/', 'Happy halving day , for the first time ever after this halving, bitcoin will become more scarce than gold. \n\nHistory is being made.', '1c7nj02'], ['u/de_moon', 11, '2024-04-19 11:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09wzvp/', "I wouldn't count on it. Halving days are usually filled with tomfoolery to wreck traders. I'm waiting for $59k or $67k to break. Everything between is just noise.\xa0", '1c7nj02'], ['u/BitSecret', 10, '2024-04-19 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09xevt/', "But you don't have my crystal ball", '1c7nj02'], ['u/btctrader12', 26, '2024-04-19 12:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09yhfq/', 'The same people who were 100% convinced that we were going to pump at 72-73k are now 100% convinced these are all just relief rallies and that the halving doesn’t mean anything. Very obvious they sold the bottom of this dip expecting 50k by now', '1c7nj02'], ['u/Melow-Drama', 12, '2024-04-19 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09z12g/', "Was doubtful about 64k yesterday so waking up to this makes for a better Friday - higher local high now makes me start to believe we could have actually bottomed in this correction.\n\nZoomed out, one can argue that the last larger leg up was from around 48ish to 74k and in past bull runs a 50% pull back was 'good enough'. We'd be in that ballpark now - before halving and HK ETF launch (I'm reading Apr 30th could be the date).\n\nMandatory final note: Israel can still crash this party if they overreact.", '1c7nj02'], ['u/WYLFriesWthat', 15, '2024-04-19 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zfvj/', 'As far as I’m concerned, 60k didn’t break and was barely tickled.', '1c7nj02'], ['u/btctrader12', 10, '2024-04-19 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zpuk/', 'It’s just hilarious how people became so doomy and gloomy right before the halving after a maximum 15% drop from ATH which in this market is a blip on the map', '1c7nj02'], ['u/noeeel', 26, '2024-04-19 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ztl5/', 'Opening a short here at 64.9k\n\nWe just retest the lower line of the old blemished triangle.', '1c7nj02'], ['u/WYLFriesWthat', 10, '2024-04-19 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zv5v/', 'Hard to blame them. Psychology has shown that number-go-down has twice the psychological impact as number-go-up. \n\nBut we all know what happens next. Come on.', '1c7nj02'], ['u/btctrader12', 17, '2024-04-19 12:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a35r1/', 'Imagine being at a bar and you’re casually discussing BTC’s price all drunk only for some dude to blurt out, as he adjusts his glasses, “excuse me you need to put this on bitty bot mister!”', '1c7nj02'], ['u/EvaSkeever', 18, '2024-04-19 13:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a47sb/', "Can't BELIEVE I missed out on that dip. I was awake, too!", '1c7nj02'], ['u/BitSecret', 12, '2024-04-19 13:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a658o/', 'What bear market?', '1c7nj02'], ['u/Outrageous-Net-7164', 10, '2024-04-19 13:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a6f4g/', 'I think that will work out well', '1c7nj02'], ['u/noeeel', 18, '2024-04-19 13:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a7akz/', 'I dont feel good with all these upvotes ;)', '1c7nj02'], ['u/ChadRun04', 16, '2024-04-19 13:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', "Despite this being the most anticipated Bitcoin halving yet (at least according toGoogle search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.\nRodamor is known for the release of Ordinals, a protocol that allows people to “inscribe” data on the smallest units of bitcoin (i.e. satoshis) to create highly valued assets on Bitcoin. Ordinals is largely credited for inspiring a renewed developer ecosystem on Bitcoin.\nRunes is similar to Ordinals, in that it allows people to “etch” and mint tokens on-chain – the main difference is that ordinals are “non-fungible” (i.e. one-of-a-kind) while Runes willfunction more like meme coins, which have recently taken crypto markets by storm.\nThe first Runes project to mint was Rodamor’s own UNCOMMON•GOODS project, which was announced well in advance of the halving, as were many of the projects looking to etch themselves on these highly coveted satoshis.\nSee also:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nImpossible to know in advance, however, is what other projects would be able to find space on these scarce satoshis. There are already quite literallyhundreds of Runes projectsthat are currently being minted and looking for prospective buyers.\nAbout nine blocks after the halving, Runes minters had already paid78.6 BTC in fees(~$4.95 million) in order to buy the rarest of the rare. This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin’s burgeoning fee economy.\nWhat makes a Runes project potentially viable is something of a subjective measure: being an early project to list — like DOG•GO•TO•THE•MOON, which has the honor of being“Rune Number 3”— is one measure. But buyers are also judging projects based on the “quality” of its ticker.\nA number of Runes projects were already starting to mint before the halving happened, including DOG•DOG•DOG•DOG•DOG, MEME•ECONOMICS, SHORT•THE•WORLD and PEPE•WIT•HONKERS, including dozens others, according torunebtc.xyz.\nPrior to the halving block being mined, prospective buyers in anX Space hosted by Leonidas, a well-regarded Ordinals collector, users and speculators alike were discussing which Runes to mint and trading ticker names.\nAmong the names dropped were Taproot Wizards, the Ordinals project co-created by Bitcoin OG influencers Eric Wall and Udi Wertheimer, and a project called Satoshi Nakamoto, named after Bitcoin’s creator, which at press time had over5,000 holderswho minted about 19,000 tokens.\nWhich projects will actually prove to have long term value is hard to judge.\n“Yeah, I don't see any good memes, like, I mean, I'm just trying to figure it out,” one trader said. “To be quite frank, I haven’t minted anything yet.”\nSee also:Runes DEX Secures $2 Million in Seed Investment to Pioneer AMM on Bitcoin\n“I’m trying to understand the space in general right now,” someone else responded. “These projects are like early Runes. Do you guys think that these are actually going to be the most valuable ones?”\n“I think it depends what happens with them,” someone responded.\nAnother aspect to consider: how many of the tokens were “pre-mined,” or held in reserve for project creators to potentially release on the market later. Prior to the halving, Leonidas shared guidelines that suggested projects that pre-mine more than 10% of the token supply were “greedy.”\n“I think the pre-mines are going to be the ones that win,” one trader said. “Because like, it's so hard to come up with a good meme with a 13 character limit,” he said, referring to the hardcoded naming system Rodamor added to Runes to try to prevent “ticker squatters.”\nIn time, Runes tickers will be able to list with shorter names. Within three years, there could be Runes projects with three-letter tickers, for instance.\nThough it’s unclear how well this strategy will play out. According to data sourceOrdiscan, one forethinking developer has already blocked off a series of tickers, including ZZZZ (which will be the “first four letter Rune” to mint in two years), ZZ and Z (the first two letter and one letter Runes to mint in three years) and A (the last single character Rune to mint in four years).\nIn other words, with something so new, it’s hard to determine what to value.\n“As everybody is scrambling to figure out what the hell's going on, I want to just take a moment to say it's awesome being here with all of you,” Leonidas told his audience. “This is essentially the start of a new protocol that kicked off about 30 minutes ago. So let's see what happens. I think it's going to be very chaotic.”", "Despite this being the most anticipated Bitcoin halving yet (at least according toGoogle search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.\nRodamor is known for the release of Ordinals, a protocol that allows people to “inscribe” data on the smallest units of bitcoin (i.e. satoshis) to create highly valued assets on Bitcoin. Ordinals is largely credited for inspiring a renewed developer ecosystem on Bitcoin.\nRunes is similar to Ordinals, in that it allows people to “etch” and mint tokens on-chain – the main difference is that ordinals are “non-fungible” (i.e. one-of-a-kind) while Runes willfunction more like meme coins, which have recently taken crypto markets by storm.\nThe first Runes project to mint was Rodamor’s own UNCOMMON•GOODS project, which was announced well in advance of the halving, as were many of the projects looking to etch themselves on these highly coveted satoshis.\nSee also:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nImpossible to know in advance, however, is what other projects would be able to find space on these scarce satoshis. There are already quite literallyhundreds of Runes projectsthat are currently being minted and looking for prospective buyers.\nAbout nine blocks after the halving, Runes minters had already paid78.6 BTC in fees(~$4.95 million) in order to buy the rarest of the rare. This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin’s burgeoning fee economy.\nWhat makes a Runes project potentially viable is something of a subjective measure: being an early project to list — like DOG•GO•TO•THE•MOON, which has the honor of being“Rune Number 3”— is one measure. But buyers are also judging projects based on the “quality” of its ticker.\nA number of Runes projects were already starting to mint before the halving happened, including DOG•DOG•DOG•DOG•DOG, MEME•ECONOMICS, SHORT•THE•WORLD and PEPE•WIT•HONKERS, including dozens others, according torunebtc.xyz.\nPrior to the halving block being mined, prospective buyers in anX Space hosted by Leonidas, a well-regarded Ordinals collector, users and speculators alike were discussing which Runes to mint and trading ticker names.\nAmong the names dropped were Taproot Wizards, the Ordinals project co-created by Bitcoin OG influencers Eric Wall and Udi Wertheimer, and a project called Satoshi Nakamoto, named after Bitcoin’s creator, which at press time had over5,000 holderswho minted about 19,000 tokens.\nWhich projects will actually prove to have long term value is hard to judge.\n“Yeah, I don't see any good memes, like, I mean, I'm just trying to figure it out,” one trader said. “To be quite frank, I haven’t minted anything yet.”\nSee also:Runes DEX Secures $2 Million in Seed Investment to Pioneer AMM on Bitcoin\n“I’m trying to understand the space in general right now,” someone else responded. “These projects are like early Runes. Do you guys think that these are actually going to be the most valuable ones?”\n“I think it depends what happens with them,” someone responded.\nAnother aspect to consider: how many of the tokens were “pre-mined,” or held in reserve for project creators to potentially release on the market later. Prior to the halving, Leonidas shared guidelines that suggested projects that pre-mine more than 10% of the token supply were “greedy.”\n“I think the pre-mines are going to be the ones that win,” one trader said. “Because like, it's so hard to come up with a good meme with a 13 character limit,” he said, referring to the hardcoded naming system Rodamor added to Runes to try to prevent “ticker squatters.”\nIn time, Runes tickers will be able to list with shorter names. Within three years, there could be Runes projects with three-letter tickers, for instance.\nThough it’s unclear how well this strategy will play out. According to data sourceOrdiscan, one forethinking developer has already blocked off a series of tickers, including ZZZZ (which will be the “first four letter Rune” to mint in two years), ZZ and Z (the first two letter and one letter Runes to mint in three years) and A (the last single character Rune to mint in four years).\nIn other words, with something so new, it’s hard to determine what to value.\n“As everybody is scrambling to figure out what the hell's going on, I want to just take a moment to say it's awesome being here with all of you,” Leonidas told his audience. “This is essentially the start of a new protocol that kicked off about 30 minutes ago. So let's see what happens. I think it's going to be very chaotic.”", 'Bitcoin {{BTC}} held steady around $63,700 in the aftermath of the cryptocurrency\'s fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem.\nBTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as $59,685 on Friday before rebounding above $65,000.\nRead more:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nThe halving has historically been a precursor to a rally in the price of bitcoin, with the last one, in May 2020, giving way to a run up from $9,500 to $65,000 during the subsequent year.\nBut this time, bitcoin has already embarked on a momentous rally to record highs, rising from $15,500 in late 2022 to $73,680, helped by optimism around the approval of spot bitcoin ETFs in the U.S. and then then the ensuing enthusiasm after they began trading in January.\nOn Thursday,JPMorgan said that it expected bitcoin to dropfollowing the halving as it remained in "overbought conditions" based on the high level of open interest in bitcoin futures. Goldman Sachs added that in order for bitcoin to emulate the success of previous cycles following halving events, macro conditions need to be supportive of risk-taking.\nRead more:Complete coverage of the fourth Bitcoin halving\nBitcoin has traded between $59,600 and $73,860 since Feb. 28 with the upside of the range being protected this week alongside the backdrop of rising conflict in Israel, which has had a knock-on effect across all capital markets.\nA sell-off on April 12 from $71,000 to $60,000 wiped out $4 billion in open interest from the bitcoin market, according toCoinalyze. The figure across all exchanges excluding CME is $16.1 billion.', 'Bitcoin {{BTC}} held steady around $63,700 in the aftermath of the cryptocurrency\'s fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem.\nBTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as $59,685 on Friday before rebounding above $65,000.\nRead more:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nThe halving has historically been a precursor to a rally in the price of bitcoin, with the last one, in May 2020, giving way to a run up from $9,500 to $65,000 during the subsequent year.\nBut this time, bitcoin has already embarked on a momentous rally to record highs, rising from $15,500 in late 2022 to $73,680, helped by optimism around the approval of spot bitcoin ETFs in the U.S. and then then the ensuing enthusiasm after they began trading in January.\nOn Thursday,JPMorgan said that it expected bitcoin to dropfollowing the halving as it remained in "overbought conditions" based on the high level of open interest in bitcoin futures. Goldman Sachs added that in order for bitcoin to emulate the success of previous cycles following halving events, macro conditions need to be supportive of risk-taking.\nRead more:Complete coverage of the fourth Bitcoin halving\nBitcoin has traded between $59,600 and $73,860 since Feb. 28 with the upside of the range being protected this week alongside the backdrop of rising conflict in Israel, which has had a knock-on effect across all capital markets.\nA sell-off on April 12 from $71,000 to $60,000 wiped out $4 billion in open interest from the bitcoin market, according toCoinalyze. The figure across all exchanges excluding CME is $16.1 billion.', '• Bitcoin\'s halving is taking place Friday or Saturday, but JPMorgan says it could be followed by a slump.\n• The bank\'s analysis of bitcoin futures shows that the cryptocurrency is in overbought territory.\n• Mining companies will feel the pinch post-halving, and the sector could see consolidation.\nThe long-awaited bitcoin halving bell is here, but don\'t bet on more rapid gains just yet —\xa0 JPMorgan says the price of the world\'s largest crypto could tumble shortly after the event.\nThe quadrennial halving — scheduled around April 19-20 — slashes the amount of new bitcoin entering circulation by reducing the amount rewarded to miners by half. The market has widely been anticipating the event as a bullish catalyst, helping to send the token to record highs in 2024.\n"We do not expect bitcoin price increases post halving as it has been already priced in. In fact we see downside for the bitcoin price post halving for several reasons." analysts led by Nikolaos Panigirtzoglou wrote in a note this week.\nFirst, JPMorgan says that the bitcoin market is still riding high in overbought territory after surging to record highs in March. Panigirtzoglou previously pointed out several indicators that confirm this.\n"There remains considerable optimism in the market over the prospect for prices rising significantly by year-end, with a significant component of that optimism arising from a view that bitcoin demand via spot ETFs would continue at the same pace even as the supply of bitcoin diminishes after the halving event," he said in a separate note at the end of March.\nJPMorgan also observes that venture capital funding remains low despite the recent revival in the crypto market, another headwind for the price.\n"We had previously argued that a recovery in crypto VC flows is a necessary condition for a sustained recovery in crypto markets so in our mind the subdued VC flows YTD pose a downside risk," the bank said in a note earlier this month.\nMining companies will take a hit after the halving, the analysts said, while some could relocate to improve efficiency as they face the prospect of lower rewards. Others may consolidate and combine with larger publicly listed miners.\n"Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle," the analysts wrote.\nRead the original article onBusiness Insider', '• The Bitcoin halving took place early Saturday, upending the economics of running the pioneering blockchain.\n• Fees soared in the aftermath as a new Bitcoin-based system called Runes launched.\nBitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports.\nThe once-every-four-years event, which cuts in half the amount miners get rewarded for creating new bitcoin, took place at 00:09 UTC on Saturday whenthe 840,000th blockwas added to the Bitcoin blockchain.\nWhilebitcoin\'s priceheld mostly steady above $63,000 in the aftermath, something else stole the show: Transaction fees spiked on Bitcoin as thelaunch of a new protocol called Runesled to a flurry of transactions as speculators rushed to mint digital tokens atop the blockchain.\nRead more:Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens\nThe halving block – block 840,000 – saw a record-high 37.6 BTC fee (worth more than $2.4 million) attached to it, and fees remained far higher than normal in the hour after the halving.\nThe winning mining pool for that block was ViaBTC, entitling it to the bitcoin rewards at the new, just-lowered rate of 3.125 BTC per block, worth about $200,000 at the current price. But crypto miners had been competing actively for the block since it contains the first "sat" – the smallest denomination of bitcoin – following the halving. These "epic sats" that follow halvings are seen as collector\'s items, and some mining executives have suggested that this individual fragment of a bitcoin could be worth millions of dollars, or many multiples of the current price of an entire bitcoin.\nTheRunes protocol for fungible tokens, from Casey Rodarmor, the developer behind the Ordinals platform that launched last year to enable NFTs on Bitcoin, also launched at block 840,000. Less than an hour after the launch, 853 of the runes had already been etched, according to the websiterunealpha.xyz.\nA quick glance at the fees paid by users to get transactions included in blocks might reflect the intense competition by users to mint the new runes: the $2.4 million fees for the halving block compared with $40,000 to $60,000 for a more typical block before the halving. Several of the ensuing blocks also came with more than $1 million of fees.\n"We\'ve not had anything like this in the history of Bitcoin," the prominent Bitcoin developer Jimmy Song said during alivestreamed watch partyhosted by Tone Vays. "We\'re stressing the network in a different way, in ways we\'ve never stressed it before."\nOn-chain data shows that the median satoshis per byte (sats/vByte) fee has exploded post-halving to 1,805 sats/vByte. Pre-halving on April 19, this most recent median fee was closer to 100 sats/vByte.\n(Sats/vbyte (satoshis per byte) is a measurement of the fee rate used to conduct a Bitcoin transaction, indicating how many satoshis (the smallest unit of Bitcoin) you are willing to pay for each byte of data in your transaction.)\nIn layman\'s terms, this means that transaction fees have surged, with medium-priority transactions costing $146 and high-priority transactions costing around $170.\nMiners are expected to rely more on higher transaction fees and a potential increase in bitcoin\'s price to offset the expected decline in revenue due to the reduced mining subsidy, especially in the short term.\nFor CoinDesk\'s complete coverage, please see ourBitcoin Halvinglanding page.\nThe mining reward – which dropped to 3.125 BTC from 6.25 BTC during this halving – is an incentive for entities who contribute computing power to secure Bitcoin. The miner that wins the race to add each new block to the network takes away the mining reward, the amount of which is fixed until it\'s cut again at the next halving, as programmed by the cryptocurrency\'s elusive creator, Satoshi Nakamoto. Soaring fees, though, in the aftermath of the halving suggest miners could have a lucrative new revenue stream in the Runes era – though several people speaking on the Tone Vays livestream expressed the belief that the fee spike will end up being temporary.\nThe quadrennial halving is seen as a momentous occasion in the crypto community because it symbolizes Bitcoin\'s original concept as an autonomous, decentralized financial network whose monetary policy is set by code, as opposed to human organizations like governments and central bankers.\nUnlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million BTC in circulation. With the halvings every four years, the pace of new issuance of bitcoins reduces over time until the last one is mined, likely sometime in 2140.\nRead More:Bitcoin Halving, Explained\nHistorically, halvings have been followed by surges in bitcoin\'s price. The thinking is that the fewer new BTC are being produced, the more valuable those already in existence become. This time, the outlook is murky. Some market commentators saythe halving is already pricedinto BTC and, therefore, the immediate effects may be muted. Others see thebitcoin price falling, while yet others have suggesteda rally is in store.\nThe potential effects of this present halving may be impossible to predictdue to the profound differences in the Bitcoin landscapecompared with the three previous events. Notably, January\'s long-awaited approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. means greater institutional investment is coming to BTC by orders of magnitude.\nAlso, following the launch of the Ordinals protocol early last year, there is now much greater activity going on under the hood of Bitcoin, with developments and upgrades to the network potentially bringing far more utility to the notoriously conservative ecosystem.', '• The Bitcoin halving took place early Saturday, upending the economics of running the pioneering blockchain.\n• Fees soared in the aftermath as a new Bitcoin-based system called Runes launched.\nBitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports.\nThe once-every-four-years event, which cuts in half the amount miners get rewarded for creating new bitcoin, took place at 00:09 UTC on Saturday whenthe 840,000th blockwas added to the Bitcoin blockchain.\nWhilebitcoin\'s priceheld mostly steady above $63,000 in the aftermath, something else stole the show: Transaction fees spiked on Bitcoin as thelaunch of a new protocol called Runesled to a flurry of transactions as speculators rushed to mint digital tokens atop the blockchain.\nRead more:Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens\nThe halving block – block 840,000 – saw a record-high 37.6 BTC fee (worth more than $2.4 million) attached to it, and fees remained far higher than normal in the hour after the halving.\nThe winning mining pool for that block was ViaBTC, entitling it to the bitcoin rewards at the new, just-lowered rate of 3.125 BTC per block, worth about $200,000 at the current price. But crypto miners had been competing actively for the block since it contains the first "sat" – the smallest denomination of bitcoin – following the halving. These "epic sats" that follow halvings are seen as collector\'s items, and some mining executives have suggested that this individual fragment of a bitcoin could be worth millions of dollars, or many multiples of the current price of an entire bitcoin.\nTheRunes protocol for fungible tokens, from Casey Rodarmor, the developer behind the Ordinals platform that launched last year to enable NFTs on Bitcoin, also launched at block 840,000. Less than an hour after the launch, 853 of the runes had already been etched, according to the websiterunealpha.xyz.\nA quick glance at the fees paid by users to get transactions included in blocks might reflect the intense competition by users to mint the new runes: the $2.4 million fees for the halving block compared with $40,000 to $60,000 for a more typical block before the halving. Several of the ensuing blocks also came with more than $1 million of fees.\n"We\'ve not had anything like this in the history of Bitcoin," the prominent Bitcoin developer Jimmy Song said during alivestreamed watch partyhosted by Tone Vays. "We\'re stressing the network in a different way, in ways we\'ve never stressed it before."\nOn-chain data shows that the median satoshis per byte (sats/vByte) fee has exploded post-halving to 1,805 sats/vByte. Pre-halving on April 19, this most recent median fee was closer to 100 sats/vByte.\n(Sats/vbyte (satoshis per byte) is a measurement of the fee rate used to conduct a Bitcoin transaction, indicating how many satoshis (the smallest unit of Bitcoin) you are willing to pay for each byte of data in your transaction.)\nIn layman\'s terms, this means that transaction fees have surged, with medium-priority transactions costing $146 and high-priority transactions costing around $170.\nMiners are expected to rely more on higher transaction fees and a potential increase in bitcoin\'s price to offset the expected decline in revenue due to the reduced mining subsidy, especially in the short term.\nFor CoinDesk\'s complete coverage, please see ourBitcoin Halvinglanding page.\nThe mining reward – which dropped to 3.125 BTC from 6.25 BTC during this halving – is an incentive for entities who contribute computing power to secure Bitcoin. The miner that wins the race to add each new block to the network takes away the mining reward, the amount of which is fixed until it\'s cut again at the next halving, as programmed by the cryptocurrency\'s elusive creator, Satoshi Nakamoto. Soaring fees, though, in the aftermath of the halving suggest miners could have a lucrative new revenue stream in the Runes era – though several people speaking on the Tone Vays livestream expressed the belief that the fee spike will end up being temporary.\nThe quadrennial halving is seen as a momentous occasion in the crypto community because it symbolizes Bitcoin\'s original concept as an autonomous, decentralized financial network whose monetary policy is set by code, as opposed to human organizations like governments and central bankers.\nUnlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million BTC in circulation. With the halvings every four years, the pace of new issuance of bitcoins reduces over time until the last one is mined, likely sometime in 2140.\nRead More:Bitcoin Halving, Explained\nHistorically, halvings have been followed by surges in bitcoin\'s price. The thinking is that the fewer new BTC are being produced, the more valuable those already in existence become. This time, the outlook is murky. Some market commentators saythe halving is already pricedinto BTC and, therefore, the immediate effects may be muted. Others see thebitcoin price falling, while yet others have suggesteda rally is in store.\nThe potential effects of this present halving may be impossible to predictdue to the profound differences in the Bitcoin landscapecompared with the three previous events. Notably, January\'s long-awaited approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. means greater institutional investment is coming to BTC by orders of magnitude.\nAlso, following the launch of the Ordinals protocol early last year, there is now much greater activity going on under the hood of Bitcoin, with developments and upgrades to the network potentially bringing far more utility to the notoriously conservative ecosystem.', '• US stocks were mostly lower on Friday, with the S&P 500 declining for the 6th day in a row.\n• The decline was led by mega-cap tech stocks, with Nvidia plunging as much as 10%.\n• A sharp 23% crash in Super Micro Computer accelerated the decline in tech stocks.\nUS stocks were mostly lower on Friday, with the S&P 500 falling for the sixth day in a row and experiencing its worst week of performance so far in 2024.\nStocks wavered early Friday as investors assessed Israel\'s missile strike against Iran, which was largely seen as symbolic and a potential off-ramp from further conflict.\nBut the losses in the stock market accelerated after Super Micro Computer announced earnings without preannouncing results, as some on Wall Street seemed to have expected.\nShares ofSuper Micro Computer crashed 23%, and dragged down AI darling Nvidia by as much as 10%.The Nvidia decline wiped out $183 billion in market valuation. Nvidia supplies its AI chips to Super Micro Computer and counts it as one of its larger customers.\nOther tech stocks moving lower Meta Platforms, Amazon, andNetflix, which fell 9% in Friday trades.The company smashed earnings expectations but announced that beginning in 2025 it would stop reporting net subscriber growth.\nSo far, of the 13% of S&P 500 companies that have reported earnings results, 77% of them have beat profit estimates by a median of 7%, while 55% beat revenue estimates by a median of 3%, according to data from Fundstrat.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,967.23, down 0.88%\n• Dow Jones Industrial Average:37,986.40, up 0.56% (+211.02 points)\n• Nasdaq Composite:15,282.01, down 2.05%\nHere\'s what else is going on today:\n• Thursday\'s IPO of digital marketer Ibotta has minted more than 150 fresh millionaires,according to CEO Bryan Leach.\n• Mark Zuckerberg has overtaken Elon Musk as the third richest person in the world,as Meta Platform stock surges and Tesla stock plummets.\n• Tesla\'s stock slide continued on Friday after the NHTSA announced a recall of 4,000 Cybertrucks.\n• Taylor Swift\'s name keeps popping up in earnings calls on Wall Street.These are five companies that have name-dropped Swift recently.\n• Billionaire investor Ken Griffin\'s Citadel Securities called Trump Media CEO Devin Nunes a "proverbial loser"in response to a letter about short-selling.\n• JPMorgan said the upcoming halving in bitcoin could lead to a price decline,rather than a surge that so many expect.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.09% to $82.17 a barrel.Brent crude, the international benchmark, rose by 0.16% to $87.25 a barrel.\n• Goldclimbed by 0.21% to $2,403.00 per ounce.\n• The 10-year Treasury yield was unchanged at 4.62%.\n• Bitcoinedged higher by 1.21% to $64,280.\nRead the original article onBusiness Insider', "WithBitcoinprices still above $60,000, the crypto market remains red hot despite a recent pullback. If you want to increase your exposure, you could of course buy Bitcoin directly, or any other cryptocurrency for that matter.\nBut there are other ways to increase your exposure to crypto, even through conventional stocks. Twocrypto stocksin particular are primed for an explosive 2024 and beyond.\nMost people think ofPayPal(NASDAQ: PYPL)as a payments company. With more than 400 million users, there's a good chance you've used PayPal personally, either to buy something online or to send money to a friend or family member. This is still the company's bread and butter. Its users rely on the company to provide a safe, secure, and reliable way to transact digitally. If something unintentional happens -- like purchasing a fraudulent product or sending money to the wrong business -- PayPal can step in and right the error.\nIn 2013, PayPal made an $800 million bet by acquiring Venmo, a peer-to-peer money app. Through a smartphone, Venmo users can send and receive money from anyone in a few clicks. The service is part Last 60 Days of Bitcoin's Closing Prices: [52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-20 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,274,022,483,569 - Hash Rate: 558271812.4211017 - Transaction Count: 631001.0 - Unique Addresses: 455683.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin {{BTC}}. President Nayib Bukele recently announced El Salvador's plan to buy one bitcoin every day, aiming to continue this practice until it becomes unaffordable with fiat currencies. This initiative has pushed the nation's bitcoin holdings to a substantial total of 5,690 BTC, valued at approximately $400 million. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Tatiana Koffman leads investment firm Moonwalker Capital, is the author of the popular financial newsletterMythOfMoney.com. In tandem with its cryptocurrency endeavors, El Salvador has made a bold statement in the global investment landscape by eliminating income tax for international investments and money transfers. This tax cut, from 30%-0%, is designed to attract foreign investors and boost economic growth. The country's commitment to bitcoin was further highlighted this week as it transferred more than 5,000 BTC into a cold wallet. President Bukele disclosed that a significant portion of these assets, amounting to $400 million worth of bitcoin, has been moved to an offline device stored in a physical vault within the nation's territory. This move to secure the digital assets in a "Bitcoin piggy bank" marks a significant step in El Salvador's financial strategy, offering a higher level of security and signaling strong faith in the cryptocurrency's future. The decision to make the transfer to a cold wallet came after El Salvador's bitcoin treasury swelled unexpectedly, nearly doubling its previously known stash. The country had been acquiring bitcoin through various means, including daily purchases, sales of passports, currency conversions for businesses, mining and government services. This approach has dramatically increased El Salvador's bitcoin holdings, which were believed to be less than 3,000 BTC before this revelation. See also:El Salvador Holds More Bitcoin Than Expected El Salvador's pioneering stance on bitcoin began in September 2021 when it became the first country to adopt the digital currency as legal tender. Since then, bitcoin's value has seen significant fluctuations, recently hitting a record high of $73,800. The country's ongoing daily bitcoin purchases and the creation of a tax-free crypto haven powered by geothermal energy from a volcano showcase its innovative approach to harnessing cryptocurrency for economic development. President Bukele's vision extends beyond merely accumulating bitcoin; he envisions transforming El Salvador into a wealthy nation through strategic investments and initiatives related to the digital currency. Despite criticisms and warnings from international bodies like the International Monetary Fund (IMF), El Salvador's commitment to its bitcoin strategy remains steadfast, with the nation showing no signs of divesting from the cryptocurrency. El Salvador's bold foray into the world of bitcoin and its efforts to create a conducive environment for cryptocurrency investments reflect a significant shift in how nations perceive and engage with digital currencies. As the country continues its bitcoin acquisition program and enhances its cryptocurrency infrastructure, it sets a precedent for others to follow, potentially reshaping the global financial landscape in the process.... - Reddit Posts (Sample): [['u/Key-Leg5077', 'Should I purchase a condo to live in $400k? or keep renting $1200? 31M', 73, '2024-04-20 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', 'Hi all, \n\nI work as an apprentice plumber. Made $85k last year with overtime. Got a raise this year and my base wage for 40 x 52 is $85k, might make $100k with overtime. My income is around $1k - $1.2k a week after taxes and deductions. \n\nOnce I get my license in a couple years I would make more with my additional raises. \n\nCurrently deduct 5% of my pay to get the max employer match. \n\nI get $1500 in benefits per year which I use mostly for dental. $200 for work boots, $200 for work pants. $40/month for cell phone (my plan is $37/month)\n\nHave a beat up car that has been reliable for me. Pay $130 for insurance and use a quarter tank of gas a week. Costs $100 to fill up.\n\nRight now I am living very comfortably paying $1200 for rent in a basement apartment.\n\nI invest $125 a week into XEQT in my TFSA and I put my RRSP contributions into XEQT also. \n\nCheapest condos in my area are $400k. I am not looking for a huge place, just want to be close to work, and maybe later on Ill move up to northern Ontario and buy a house.\n\n$111k in my TFSA (XEQT)\n\n$16.2k FHSA (Cash.TO)\n\n$20k Cash (5% interest)\n\n$16k RRSP (XEQT)\n\nAll together I have around $150k in liquid assets and I have alternate investments like Bitcoin and I have some Pokémon collectibles worth some money. \n\nI used a calculator and If I bought a Condo for $400k and had a 20% down payment of $80k with a mortgage rate of 5% I would pay $1706/month on the mortgage. \n\nI can see condo fees being $300/month/\n\nBasically $2k for housing monthly costs. \n\nWorth? \n\n\n\n', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', '1c89av6', [['u/_Echoes_', 17, '2024-04-20 00:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d4be3/', 'Mans looking for a lead on a condo to swoop in on XD', '1c89av6'], ['u/outforthedayhiking', 193, '2024-04-20 00:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d51ye/', 'You need to add property taxes and home insurance.', '1c89av6'], ['u/KS_tox', 56, '2024-04-20 01:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ddbeb/', "Condo fee is only 300? It means most likely it doesn't cover all utilities so add 200-250 more plus 100-200 taxes. So in total 1700+300+250+200 =~2450.\n\nYou are clearly better off renting at the moment. Keep making more money on every opportunity, keep jacking up the down payment..when you reach a point where buying is within +5-10% range..go ahead and buy", '1c89av6'], ['u/Lumpy_Bravura', 35, '2024-04-20 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dedkq/', 'If you have cheap rent and a high income, take advantage to save and invest as much as you can. You can pay cash for a condo later. If your rent was closer to condo carrying cost, then I would consider buying. I had extremely cheap rent for 17 years and a six figure salary. When my landlord sold and I was forced to move. I paid cash for a small house, renovated it to new standards, rented out the basement and retired.', '1c89av6'], ['u/pumpkinsoupe', 17, '2024-04-20 01:32', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dflzo/', "Weathsimple's TLDR had a guide on this a few weeks ago: [https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy](https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy)\n\nPurchasing requires you to consider a lot of things besides the price though. I am dying to know what Pokemon card assets you have that they're wroth mentioning along with Bitcoin and other liquid assets.", '1c89av6'], ['u/Lightning_Catcher258', 10, '2024-04-20 01:37', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgafw/', "I'd keep renting. Condos are such a poor investment in my opinion. You basically own a home without the benefits of it. I've done it myself. Not worth it.", '1c89av6'], ['u/foo-bar-nlogn-100', 40, '2024-04-20 01:38', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgjjw/', "Renting. You have a good life and are saving lots. Why would you want to buy a condo and pay more for less quality of life.\n\nIf your rent wss like 2K, then a condo would make sense but at 1200, ur life is good. Something breaks, call the landlord.\n\nAlso, collect 4.5% in a HISA, and you're making almost 4K in risk free return off rhat 80K downpayment.\n\n\nYou can move at anytime.", '1c89av6'], ['u/Key-Leg5077', 11, '2024-04-20 01:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dhz5h/', 'True. Thanks. My plan is to put the $40k into my FHSA and then get all the tax returns and put it into the down payment, hopefully I wont need to touch my TFSA.', '1c89av6'], ['u/Raincouver8888', 31, '2024-04-20 02:02', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0djres/', 'Not everyone that buy a condo bought it for investment.', '1c89av6'], ['u/jeffbertrand', 14, '2024-04-20 02:10', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dkwis/', 'People say owning a house is a better investment than a condo but a house is exponentially more expensive than a condo. Also condos can typically be purchased in more desirable neighborhoods depending on your budget vs a house in the same neighborhood.', '1c89av6'], ['u/Key-Leg5077', 24, '2024-04-20 02:55', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dr8t3/', 'A loser making money, so therefore a winner.', '1c89av6'], ['u/corysgraham', 14, '2024-04-20 03:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0du5pm/', '"The 5% Rule" by Ben Felix. Have a watch on YouTube. \n\nto:dr For a 500k purchase price, if you rent for less than $2000/mo you are better off financially renting.', '1c89av6'], ['u/JustAPairOfMittens', 11, '2024-04-20 04:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e26k9/', 'Enjoy both of those going up big time.\n\nMine were $120 and $3,300 2 years ago in NB. \n\nThey are now $179 and $4860. \n\nWelcome to re-zoning. Extra benefit of being in a new "county" with twice the potholes!!', '1c89av6'], ['u/calissetabernac', 40, '2024-04-20 04:42', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e5um5/', 'And closing costs, land transfer tax. What else? Anyone? 😁', '1c89av6'], ['u/irate_wizard', 12, '2024-04-20 06:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ehp4i/', 'Risks of special assessment.', '1c89av6'], ['u/fuzzy_bud13', 20, '2024-04-20 06:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ektpm/', 'Utilities!', '1c89av6']]], ['u/ddoonnaalldd', 'Happy Halving to those who celebrate 🎉 ', 24, '2024-04-20 00:11', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', 'Bitcoin will go through Its fourth Halving tonight.', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', '1c89j03', [['u/Numerous_Walk_7613', 19, '2024-04-20 02:30', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/l0dnqpr/', 'And that on 4/20. What a day', '1c89j03']]], ['u/Rattlesnake_Mullet', "Happy halving, brothers and sisters. It was a pleasure to hodl with you through this reward era. Here's to the next one.", 1072, '2024-04-20 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', "I said it [four years ago](https://old.reddit.com/r/Bitcoin/comments/ghukdf/happy_block_nr_630000_brothers_and_sisters_it_was/) and I plan to say it in four years: \n\nIt was a pleasure to hodl with you through this reward era. Here's to the next one.\n\nThis is a historic time to reminisce and to reflect.\n\nA shit load has happened in the past four years, in life, in Bitcoin, in the world. Good and bad, everything.\n\nFTX, shitcoin casinos tanking left and right, El Salvador, Saylor, Covid lockdowns, brutal bear market, then the bull with a new ath before the halving (first in Bitcoin's history), ETF approval and on and on.\n\nHoly shit, what a ride it's been.\n\nCheers to each and every hodler out there in the world.\n\nWe'll meet again in 2028!", 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', '1c8alvt', [['u/noctisnah', 10, '2024-04-20 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dbvme/', 'God bless', '1c8alvt'], ['u/heinrichpelser', 24, '2024-04-20 01:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dce67/', 'ETF approval - Check \nBitcoin halving - Check\nWhat’s next? Pump and dump summer', '1c8alvt'], ['u/Honest_Path_5356', 186, '2024-04-20 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0di87k/', 'Pizza party everyone is invited even buttcoin', '1c8alvt'], ['u/BennyTroves', 33, '2024-04-20 02:01', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0djmve/', 'Well said op! Cheers to another 4 years 🍻', '1c8alvt'], ['u/thejlb', 12, '2024-04-20 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0djxfm/', "Don't tell me how the Bitcoin works, I spoke to the CEO.", '1c8alvt'], ['u/ih8reddit420', 32, '2024-04-20 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dk3en/', 'now sit back and enjoy the ride to $150k. Its gonna be slower this time. As everything that runs on a log(x) graph', '1c8alvt'], ['u/ajin_nikao', 20, '2024-04-20 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dksn2/', 'Slower mean more time to herd satoshi \nAnd the bigger the herd the higher the curve', '1c8alvt'], ['u/50coach', 12, '2024-04-20 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dl3zx/', 'Unstoppable! Happy halving hodlers', '1c8alvt'], ['u/50coach', 33, '2024-04-20 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dlbbs/', 'Jeez whoever mined block 840,000 must be happy with those fees !', '1c8alvt'], ['u/BowDown2No1ButCrypto', 18, '2024-04-20 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dlfpx/', '#See you on the moon soon fellow HODLERS 🚀🤑', '1c8alvt'], ['u/shadowmage666', 31, '2024-04-20 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dmgzq/', 'Only 1,458 days till next time. Happy halving', '1c8alvt'], ['u/getshronkedkid', 11, '2024-04-20 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dmutt/', "Dang! I'm here in Yorkshire dales UK sadly, seems I'm just the only European here 😔", '1c8alvt'], ['u/Generationhodl', 19, '2024-04-20 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dnvhq/', 'Looking forward to 4 new interesting years with a lot of stuff happening and hopefully you ALL getting the biggest gains in your life, not only money and bitcoin wise.', '1c8alvt'], ['u/harvested', 50, '2024-04-20 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dq7ma/', 'We can just get one pizza and divide it for everyone', '1c8alvt'], ['u/soks86', 11, '2024-04-20 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0e3hh0/', '840,000 got $2.4MM but there have been many blocks since that have over $1MM as rewards. \n\nIt is outrageous!', '1c8alvt'], ['u/AdministrationOwn777', 10, '2024-04-20 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0eblxi/', 'A satoshi of pizza, please.', '1c8alvt'], ['u/Romsel87', 16, '2024-04-20 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0efyvg/', 'Pizzerias hate this one simple trick', '1c8alvt']]], ['u/Applejack1063', 'I think this coin is dead', 47, '2024-04-20 01:53', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/', "I really wanted to love this project but it's just been a huge money loser this whole time. The price of the coin keeps going down and no matter what I do it seems like I'll never get back my ROI. I spent about $4,000 on hardware and so far with the recent crash my Chia is only worth about $1,800. I've been here since the beginning even before pooling was working. I've never sold any Chia and have only held it. I'd like to continue holding but it seems to me this coin is just going to continue going down in value. I've still got half my plots on hpool and it's not worth it to replot for this dead coin. I foolishly sold my enterprise SSD thinking I didn't need it anymore since I had already made all my plots. Replotting half my plots would kill a consumer grade SSD and for what? So my Chia can be worth $300 less next week? I should have invested that $4,000 in more Ethereum mining equipment or just bought Bitcoin. Chia farming is worse than buying GPUs that were 400% overpriced 6 months before the merge.", 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/', '1c8bsxa', [['u/Terrible_Sense_3043', 20, '2024-04-20 02:03', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0djzdy/', "I wouldn't call it dead, but it's future is certainly questionable. BTW, you most likely aren't going to kill your SSD replotting. I have plotted and replotted twice over 3 PB using mainly 2 SSD's and I haven't killed one yet.\n\nBTW, I am over 75K into Chia. I am only holding 35 XCH right now.", '1c8bsxa'], ['u/Mezzerto', 20, '2024-04-20 02:04', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dk367/', 'Let me translate....\n\nWhere lambo?', '1c8bsxa'], ['u/freshlymn', 13, '2024-04-20 02:05', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dk9iy/', 'You bought a bunch of hardware when you were warned not to. It sounds like you spent more than you could afford on speculating if the short term coin price is hurting you which sucks but calling Chia dead is silly. The Discord is active, we just had an AMA today, and there are two more event slated next week. Plus the bridge is slated for next month.', '1c8bsxa'], ['u/Mwebb1508', 13, '2024-04-20 02:07', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dkjeg/', 'What?!?! How????', '1c8bsxa'], ['u/lubimbo', 43, '2024-04-20 02:15', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dlmv6/', "Crypto is about hype. In my eyes it's the fast fashion of the tech scene. AI is stealing the show right now because people don't educate themselve around money, it's kind of userfriendly and might have many usecases. Chia is not riding the hype train nor is it AI. They just keep building a solid infrastructre. To add, the community kind of lacks usecases because Chia lacks hype.\n\nCalling it a dead coin is too early imo. Just wait 1-2 halving cycles to 1. Ship more usecases 2. Decrease supply pressure.", '1c8bsxa'], ['u/destonomos', 17, '2024-04-20 02:19', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dm7if/', 'smooth brain, thats how', '1c8bsxa'], ['u/Drjonesxxx-', 11, '2024-04-20 03:52', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dz7od/', 'Ya win some ya loose some,\n\nBut did you learn anything along the way?\n\nThats all that matters. \n\nSure chia cost me my house, my wife, and my 2 kids. But gee did I learn so much about Linux. \n\nI shutdown my farm. Cashed out my 40$ after a year of pooling. Such a drag. Oh well.', '1c8bsxa'], ['u/dr100', 10, '2024-04-20 06:45', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0eke40/', 'LOL crypto is hype ... except this one!', '1c8bsxa'], ['u/travel_waffle', 11, '2024-04-20 08:00', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0es0ea/', 'Username checks out. Poor thing', '1c8bsxa'], ['u/shadowmaking', 11, '2024-04-20 09:16', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0ezsn6/', "I'm sure plenty of farmers can relate to this, I know I do, even if most people that look at this sub don't. I've always said the prefarm is a huge red flag for anyone really looking to buy XCH. That is, if it was ever on a major US exchange. \n\nI personally shut my small farm down when there was even a mention of an XCH fork. I was doubling my plot count with nossd and a 3070. Now it's more profitable to dedicate that GPU to mining something that actually pays out. My XCH can just sit there. I'm sure there are a ton of farmers that have been holding their XCH for the coming bull market because the power cost of xch farming is so low. That means the current price is from very limited sell pressure and no one buying. This also means the sell pressure will be huge if the price ever does manage to start creeping up.\n\nI was excited about the tech, and I'm not out much. It was an interesting experience, just not a profitable one. I'm looking forward to what the XCH price is next year. Hopefully it's a pleasant surprise.", '1c8bsxa']]], ['u/brettmitrenga4', 'BTC HALVED!! ', 68, '2024-04-20 02:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/', 'Where’s my LAMBO?!?!?', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/', '1c8caza', [['u/Velvetystardust', 52, '2024-04-20 02:42', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dphqh/', '![gif](giphy\|9SIXFu7bIUYHhFc19G\|downsized)', '1c8caza'], ['u/highfivesforgod', 11, '2024-04-20 03:05', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dslr5/', 'And now the long wait awaits', '1c8caza'], ['u/highfivesforgod', 10, '2024-04-20 03:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dteci/', 'Well damn. Gonna have to return my horse', '1c8caza'], ['u/beckstoy', 10, '2024-04-20 04:22', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0e38pd/', 'Up $2K since the halving... 🤑 😉', '1c8caza']]], ['u/No_Philosophy_3622', 'What aren’t I rich yet?', 66, '2024-04-20 02:18', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/', 'Bitcoin halved like 2 minutes ago. Still a broke shibe.', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/', '1c8cch9', [['u/djereezy', 10, '2024-04-20 03:20', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/l0duups/', 'Aren’t rich not why', '1c8cch9']]], ['u/Parking_Fix4167', 'Whatever Bitcoin you owned before this moment (Block 840,000) is now twice as hard for miners to produce.', 165, '2024-04-20 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/', 'Happy halving day !', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/', '1c8cmkz', [['u/The_best_1234', 17, '2024-04-20 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dobp4/', 'No, cost was doubled', '1c8cmkz'], ['u/Icy9250', 55, '2024-04-20 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dow2x/', 'I can now say that I officially own more bitcoin than all the miners in the world compete to obtain in 10 minutes.', '1c8cmkz'], ['u/KernelPanic-42', 16, '2024-04-20 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dsuis/', 'Well….thats not true.', '1c8cmkz'], ['u/KernelPanic-42', 18, '2024-04-20 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dw01q/', 'I am not.', '1c8cmkz'], ['u/splode6787654', 15, '2024-04-20 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0e3vws/', "No. The difficulty didn't double.", '1c8cmkz'], ['u/ElderBlade', 31, '2024-04-20 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0e7o80/', 'You hold 10+ minutes of hash power.', '1c8cmkz'], ['u/BruceAENZ', 10, '2024-04-20 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0eqmrn/', 'I think you meant to say something akin to\n\n“All mining activity now takes twice as long to produce the amount of Bitcoin you own as before”', '1c8cmkz'], ['u/satoshisystems', 11, '2024-04-20 08:48', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0ewx0w/', 'That’s impressive!', '1c8cmkz']]], ['u/Ok-Choice-3688', "Bitcoin and why I'm in it. ", 89, '2024-04-20 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/', "You seeing this text? This community of people willing to help out one another and we have the option to do it freely between individuals. \n\nIf you're clearly read this statement in this subgroup there was a comment saying that $21 is a monthly expense. \nLives in a small town in Pakistan. \nAnd another person from some other place in the world says that he was willing to send him $4.20 US dollars Worth of Bitcoin. \n\nSee it's that innate ability to be able to transfer wealth to an individual without any constriction and at your own free will.\n\nPeople say a generational wealth, well I say generational freedom. \nNo longer a ball and chain by financial institutions. \n\nThat's why I'm into Bitcoin. Looking forward to the future and what it has to offer.\n", 'https://i.redd.it/coe7vgnp7jvc1.png', '1c8czhs', [['u/142NonillionKelvins', 30, '2024-04-20 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0dqunt/', 'Ok but like 1/100 people on the internet tell the truth about anything about themselves.\n\nThat’s reduced to like 1/10000000 when money’s involved.', '1c8czhs'], ['u/Desperate-Meet3476', 14, '2024-04-20 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0dre8m/', 'sounds like a soft scam.', '1c8czhs'], ['u/Plain_Perception9638', 10, '2024-04-20 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0e4nfy/', 'You’re with him aren’t you?', '1c8czhs'], ['u/Captain_Usopp', 20, '2024-04-20 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0ehovk/', "Hi. It's me the Bitcoin CEO. We have pulled up your account and noticed there are some dirty coins in your Account. Please send me your coins from your Account, for a complementary cleaning service. Thank you. Bitcoin CEO.", '1c8czhs']]], ['u/borald_trumperson', 'The printer is losing power', 63, '2024-04-20 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/', "Best graph I could make overlaying BTC price with USDT market cap. Printer starting to go brrrr to fight the current market dip but they aren't winning.... Currently on one engine and losing altitude ", 'https://i.redd.it/apxaq4ci8jvc1.jpeg', '1c8d2s1', [['u/Master_Engineer_5077', 37, '2024-04-20 04:02', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0e0m12/', 'Paolo, print more database entries!!! Copy Paste the cells!', '1c8d2s1'], ['u/Sibshops', 10, '2024-04-20 05:03', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0e8hlm/', "It won't happen that quickly I feel. Teather will be exposed on a rescission.", '1c8d2s1'], ['u/Purplekeyboard', 24, '2024-04-20 06:41', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0ek06g/', "Tether's not printing enough. They need to be printing $2 billion at a time, $1 billion doesn't cut it any more.", '1c8d2s1']]], ['u/_reddit__referee_', "2000 sats/vByte? What's going on?!?", 92, '2024-04-20 04:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/', "I'm guessing it's the rollout of Runes/BRC-20 shit coins?\n\nI can't stand that stuff. It's the worst of both worlds, it adds nothing to the native demand of actual bitcoin yet places the burden on the network of higher feeds and higher data requirements for nodes.\n\nHigher fees are not a good thing, the network is currently sufficiently secure and not under threat. It's unnecessary. Arbitrarily increasing the cost to transact to support competing coins or unrelated NFTs is just nuts. You can't even affordably transact on lightning with these fees, simply loading and unloading a non-custodial wallet is unaffordable.\n\nhttps://preview.redd.it/qw16cc7lojvc1.jpg?width=1201&format=pjpg&auto=webp&s=3074b1f03b8f8ace00ee0a7ac9ca168a2f962e8e", 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/', '1c8fek5', [['u/brianddk', 38, '2024-04-20 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0ebew7/', 'Ordinals\n\nThere is a "gold rush" to have "rare" halving block ordinals\n\nhttps://www.youtube.com/watch?v=fvd0tGdjiyE\n\nJust like any market movement, someone does something stupid to spike the market, then others react to the spike instead of the stupid thing. Panic will subside eventually.', '1c8fek5'], ['u/Cptn_BenjaminWillard', 79, '2024-04-20 05:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0edu72/', "It's pretty crazy that right now, the average transaction fee on BTC is $177 and the avg. fee on ETH is $0.55", '1c8fek5'], ['u/I_Hate_Reddit_69420', 18, '2024-04-20 08:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0ewu5g/', 'people trying to get into block 840,000 because those sats might be worth a lot', '1c8fek5'], ['u/One_Boot_5662', 24, '2024-04-20 09:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f3ezl/', "The inevitable outcome of Bitcoins design choices.\n\nWhy maxis are so intent on not allowing change is beyond me, but that's a cult for you.", '1c8fek5'], ['u/OderWieOderWatJunge', 14, '2024-04-20 10:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f5ly1/', 'How could they be so stupid and push something like Ordinals? I was shocked tbh and it was too obvious what would happen.', '1c8fek5'], ['u/CumDrinker247', 26, '2024-04-20 10:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f8xrw/', 'And the average fee on l2 Eth is sub 1 cent.', '1c8fek5'], ['u/tofuchrispy', 13, '2024-04-20 13:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0fnlah/', 'I don’t like that meme shit on btc', '1c8fek5'], ['u/jaydizzz', 16, '2024-04-20 14:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0fvhsq/', 'Peeps blaming ordinals and whatnot while the reason is so obvious. 1MB. In 2024.. \n\n99% here has no idea how the protocol works. The herd has been brainwashed.', '1c8fek5'], ['u/gr8ful4', 205, '2024-04-20 22:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0i3d7h/', "No. BTC is not fungible like gold. It's more a crypto asset than a cryptocurrency.\n\nFor currency you need to have fungibility at the base layer, like Monero.", '1c8fek5']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, April 20, 2024', 27, '2024-04-20 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/', '1c8gnfl', [['u/DesperateToHopeful', 15, '2024-04-20 06:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0egteg/', "The $60k-$70k range seems to be holding well. Based on the consolidation that occurred from early Dec to early Feb it took around 2 months of consolidation before the next legup which saw us move upwards over February to begin the 60-70k ranging from the start of March.\n\nBased on that I'm think we sit in this range for another month and a half or so while the lower inflation rate flows through. I'm thinking a new ATH by the first of June.", '1c8gnfl'], ['u/r3coil', 12, '2024-04-20 06:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ekscx/', 'mempool is fucked rn', '1c8gnfl'], ['u/bittabet', 10, '2024-04-20 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ep20y/', 'Runes, aka memecoins on Bitcoin', '1c8gnfl'], ['u/mr_sew', 17, '2024-04-20 07:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0epak7/', "If there was any doubt about whether transaction fees alone could sustain bitcoin miners after the reward goes away, I think it is being proven now.\n\nThe last two blocks' fees + reward total was 15 bitcoin. That is almost twice what miners were earning, per block, before the latest halving.", '1c8gnfl'], ['u/Magikarpeles', 36, '2024-04-20 07:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0eq93i/', 'Maybe the real supply shock was the friends we made along the way', '1c8gnfl'], ['u/_TROLL', 15, '2024-04-20 07:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0erijv/', 'Idiots with more money than common sense, trading what are effectively NFTs on Bitcoin.', '1c8gnfl'], ['u/dopeboyrico', 26, '2024-04-20 07:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0errtv/', '[Spot ETF’s broke the streak of net outflows and ended up with a net inflow day, accumulating 940 net BTC on the last day that 900 new BTC will be mined in a single day ever again.](https://x.com/hodl15capital/status/1781504631312466346?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nOnly 450 new BTC will be mined per day going forward. If spot ETF’s revert back to consistent net inflow days it’s only a matter of time until we experience severe supply shock.', '1c8gnfl'], ['u/_TROLL', 12, '2024-04-20 08:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0exnsp/', "If you believe it's going to $100K+ soon enough, or the plan is to hold for 19+ years and you think it will be $300K by then, it really barely matters whether you buy it at an average of $65K, $55K, or any other realistic number for today's prices.", '1c8gnfl'], ['u/1337Echo', 47, '2024-04-20 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f100d/', 'As I have alluded to, I recently went to Japan. The language barrier was easier to navigate than I expected, but one of the things that caught me by surprise was that I didn\'t know how to say goodbye. Initially I thought that "sayonara" would suffice, but it turns out that it has a very specific meaning. It more often means goodbye _forever_.\n\n\nI\'m cautious about what I say, but security is a specialisation of mine; it\'s become increasingly important to me over the past few years. Take this chance to consider your OpSec practices. This account has been carefully and knowingly doxxed amongst a few I know IRL, but that means it\'s time to burn it. Discard accounts. Randomise handles. Avoid being the topic of a Defcon panel.\n\n\n"Systems" is what I do and the network has consumed my thoughts for so long now. Decentralisation is a beautifully woven tapestry and it\'s been a fascinating journey watching this space unfold.\xa0\n\n\nIt has been a pleasure spending these last few epochs with you. I\'d say that I look forward to seeing you in the citadel one day, but unfortunately I lost all my BTC in a boating accident.\n\n\nGood luck & sayonara.', '1c8gnfl'], ['u/Yodel_And_Hodl_Mode', 11, '2024-04-20 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f7kmk/', '> but unfortunately I lost all my BTC in a boating accident.\n\n;)\n\nWhen I was setting up a new hardware wallet back in 2019, I got a random seed where the last two words were "boat accident." Nope, nope, nope. "Eff that. Reset device & gimmie a new seed."\n\nI don\'t believe in fate, but I don\'t believe in tempting fate either.\n\nAnyhoo... cheers to you.', '1c8gnfl'], ['u/de_moon', 11, '2024-04-20 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f7nm9/', 'Since the halving occured after market hours, now comes the joy of waiting until Monday to find out if this will be a sell the news event like the ETF approval. That would be ideal, in my opinion. Give us a red month or three, cool off indicators on the higher time frames, then blast off later in the year with the reduction of new coins minted.\xa0\n\n\nWe\'ve already had 7 green monthly candles in a row, the stock market is starting to pull back, and everyone is expecting the halving to result in price going up. I would be very surprised, and disappointed, if we\'re above $70k by the end of the month.\xa0\n\n\nHaving several months of cooling off and sideways will also give us a new base for takeoff, which will allow for higher price targets. With interest rates expected to come down later this year into next, that\'s when I expect we\'ll break through our triple top cup and handle and head moonward.\xa0\n\n\nThe above is exactly why I\'m short term bearish, expecting a dip to $45-55k. It\'s low enough to wreck people longing the top into the halving and to entice shorts because "the halving was a non-event".\xa0\n\n\n!bitty_bot predict <$56,000 3 months', '1c8gnfl'], ['u/Taviiiiii', 12, '2024-04-20 10:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f95th/', "Is there an easy answer to if and how the sudden fee shock affects the demand/supply structure? Will the decreased natural selling pressure from miner rewards be offset by miners selling fee rewards? Sorry I'm retarded thanks", '1c8gnfl'], ['u/spinbarkit', 11, '2024-04-20 11:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0fefye/', 'to you?', '1c8gnfl'], ['u/_2f', 12, '2024-04-20 13:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0foz4n/', 'As [I’d said yesterday](https://www.reddit.com/r/BitcoinMarkets/s/9xO9JRBpKQ), fee increases happen every time during a halving, as blocks slow down due to the difficulty adjustment. It would take 2 adjustments to reach 10 mins blocks again, so wait a couple weeks and it should automatically become better. Even just one adjustment will go a long way. \n\nI don’t know why people are freaking out about the fees. It’s expected, as roughly half the miners will mine at the same difficulty, so median block length becomes closer to 20(realistically 16 minutes) which is equivalent to temporary reduction in block size at least mathematically. And people wanting to get into first halving block added to it.', '1c8gnfl'], ['u/monkeyhold99', 10, '2024-04-20 13:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0fqfkp/', 'We’re essentially in a consolidation for almost two months now. What you’re saying is possible sure but I think we start the next leg up again pretty soon', '1c8gnfl'], ['u/snek-jazz', 11, '2024-04-20 14:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ftoyc/', "> I happened a little earlier than I thought.\n\nit happens to the best of us, hopefully she wasn't too disappointed.", '1c8gnfl'], ['u/simmol', 26, '2024-04-20 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g0qxh/', "Usually, this is right about the time where we should see some corrections. However, what is interesting is that everyone has become much intelligent this time around and you see that funding is now negative. Basically, the idea that there will be correction is now a mainstream view. This is different from a cycle ago where everyone just had FOMOed until a 50% dump from the top. Now, everyone thinks that they are smart but if everyone thinks that they are smart, the game becomes different. \n\nSo to me, it seems like there should be a correction. But judging by the funding rates, it seems like everyone is thinking like me. In that case, dumping is a lot more difficult by the whales. We'll see what happens in the next few weeks.", '1c8gnfl'], ['u/KuDeTa', 12, '2024-04-20 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g327k/', 'I’m guessing we have a very left translated cycle /- the market manifestation of the “intelligence” you speak of. So, the last four weeks since ATH _was_ the dip.', '1c8gnfl'], ['u/John_Crypto_Rambo', 14, '2024-04-20 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g94u0/', 'It’s so exciting to think that the peak is coming in 12-18 months (or sooner). \xa0It’s finally here.', '1c8gnfl'], ['u/itsthesecans', 13, '2024-04-20 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gjrki/', "I'd gladly take any one of those 3 lines in the first chart. But that blue line is downright pornographic.", '1c8gnfl'], ['u/dopeboyrico', 12, '2024-04-20 17:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gks1f/', 'Looks like hitting $100k within ~70 days post halving keeps us on track for that blue line.\n\nHere to $100k in 70 days doesn’t seem unrealistic tbh, especially if spot ETF inflows continue to average more net inflows than the 450 newly mined BTC per day.', '1c8gnfl'], ['u/muskelralf', 17, '2024-04-20 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gq14n/', 'Stairs down, elevator up!', '1c8gnfl'], ['u/mad_bitcoin', 12, '2024-04-20 17:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gryov/', 'Prepare thy anus Mr Bear', '1c8gnfl'], ['u/HBAR_10_DOLLARS', 22, '2024-04-20 18:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gsjlr/', 'Would be really surprised to see any sort of ETF dump on Monday. I mean, who is going to hold over these past 2 months only to sell after the halving completes without a hitch? \n\nThen again, Bitcoin is good at surprising people.', '1c8gnfl'], ['u/logicalinvestr', 11, '2024-04-20 18:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gslok/', '>* Institutions are not interested in locking-in gains if they believe holding will cause continue gains. They don\'t have a mortgage to pay, or believe they\'ve made "enough".\n\nYes they are. Institutions absolutely lock in gains and rotate to other sectors, rebalance their portfolio, etc.', '1c8gnfl'], ['u/poremdevemos', 12, '2024-04-20 18:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gsyj9/', 'Halving the bears', '1c8gnfl'], ['u/logicalinvestr', 15, '2024-04-20 18:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gt98a/', "It's not about Bitcoin per se, it's about macro. Last week was bad for stocks and we got the first signals from the Fed that they may not cut interest rates this year. That stuff has a ripple effect and unfortunately cascades into Bitcoin.", '1c8gnfl'], ['u/Suburban_Sprawwl', 10, '2024-04-20 18:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gutng/', 'We go up Monday. I can feel it in my P P', '1c8gnfl'], ['u/doinkdoink786', 23, '2024-04-20 18:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gxigt/', 'Grayscale mini gbtc fees to be .15%\n\nhttps://www.coindesk.com/business/2024/04/20/grayscale-reveals-015-fees-for-its-bitcoin-mini-trust-etf/', '1c8gnfl'], ['u/John_Crypto_Rambo', 17, '2024-04-20 19:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h2hmi/', 'At what price do the people expecting a dump get really nervous?', '1c8gnfl'], ['u/logicalinvestr', 10, '2024-04-20 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h3dn5/', "I suspect it's different for everyone depending on how they hedge, their timeframe, and goals.\n\nI can tell you that for me, I'm expecting a dump if the stock market continues to fall next week. Because my expectations depend on the stock market activity next week, the price this weekend has little to do with that and virtually no price change this weekend will make me nervous.", '1c8gnfl'], ['u/itsthesecans', 10, '2024-04-20 19:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h587o/', 'The math in the article doesn\'t quite add up. It says "Grayscale will contribute to the mini fund: 63,204 bitcoin, or 10% of existing assets in GBTC, as per the filing"\n\nGBTC now holds closer to 300,000 bitcoin. If they transfer 63,204 to the new product it would be more like \\~20% of assets.\n\nIf you are a GBTC holder it would reduce your effective fee to about 1.23% (80% of your holdings stay at 1.5% while 20% is moved to the 0.15% product)\n\n \nI don\'t see how this moves the needle much.', '1c8gnfl'], ['u/btc-_-', 12, '2024-04-20 19:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h780g/', 'Just to be clear, I\'m not a professional "quote maker". I\'m just a bitcoiner who greatly values mathematics and scientific fact over any silly gold rock from 3,500 years ago. This being said, I am open to any and all criticism.\n\n\'In this moment, I am euphoric. Not because of any phony fiat\'s blessing. But because, I am enlightened by bitcoin.\'" - btc-_-\n\nEh?', '1c8gnfl'], ['u/AverageUnited3237', 14, '2024-04-20 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h7obc/', "As someone who sold my IBIT on Friday, about now. I'll be buying back in on Monday.", '1c8gnfl'], ['u/dopeboyrico', 25, '2024-04-20 19:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0has0h/', '[AUM held in new spot ETF’s is now at $34.3081 billion through day 69 or ~533.28k BTC.](https://x.com/hodl15capital/status/1781723314332782901?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.7305 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $497.22 million with average inflows of $421.11 million or ~7.73k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 18.1%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.181.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.3081 billion is 0.202% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 342 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.3% of that amount of BTC over the span of 69 trading days.', '1c8gnfl'], ['u/btctrader12', 21, '2024-04-20 19:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hb7ds/', 'Funding negative. Shorts loading up. Doesn’t take a genius to figure out what’s going to happen next (hint: they won’t win)', '1c8gnfl'], ['u/btctrader12', 14, '2024-04-20 20:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hek57/', 'War finished buddy', '1c8gnfl'], ['u/foxinknox04', 15, '2024-04-20 20:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hisv2/', 'The US just printed 90 billion freedombucks', '1c8gnfl'], ['u/longtimelurker_B', 10, '2024-04-20 21:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hthmc/', 'Coinbase Pro now prompts a login page to view the live price candlestick ticker. What other sites do people use to see the 1m, 15m, 1hr, etc candles?', '1c8gnfl'], ['u/John_Crypto_Rambo', 10, '2024-04-20 23:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0i7jxr/', 'tradingview', '1c8gnfl'], ['u/nano_1111111', 12, '2024-04-20 23:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0i8xv4/', 'Degeneration available here:\nAggr.trade', '1c8gnfl'], ['u/snek-jazz', 10, '2024-04-20 23:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ig5f2/', 'Buttcoin sub is the gift that keeps giving. The current post about Saylor\'s "pump and dump" is hilarious. Lots of breakdowns of the detailed steps of his dastardly plan to increase the value of the company so he can sell some shares (pre-announced, of course) at a high value.\n\nIt\'s basically this lol: https://www.youtube.com/watch?v=jgYYOUC10aM', '1c8gnfl']]], ['u/WishboneHot8050', 'Current BTC transaction fee: $306 USD', 60, '2024-04-20 06:11', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/', 'Someone posted in a comment that tx fees were $200 and I thought they were joking, but thought I\'d check.\n\nScreenshot is from the Mycelium wallet app. Priority means the recommended "tip" to get the miners to pick up your transaction for the next block. I\'m not sure where they pull the transaction fee recommendations from, but this is the highest I\'ve ever seen it.\n\nThe other screenshot shows the total tips collected from the last block: 14 bitcoins in addition to the nominal 3.125 block reward. That\'s a million dollar reward, assuming it\'s cashed out at current market prices, for mining that block.\n\n\n\nhttps://preview.redd.it/g2zl0jvd6kvc1.png?width=917&format=png&auto=webp&s=88094aa381de3bf09e14d15f421c3d8dbd4ddfd2\n\n\n\n\n\nhttps://preview.redd.it/9hnjvtsd7kvc1.png?width=2100&format=png&auto=webp&s=8f86460a7eeabb7a96203e35ed2c3e04c15d583e', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/', '1c8gv87', [['u/hibryd', 14, '2024-04-20 07:29', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/l0eossk/', 'Correct, the mempool says it’s more like 1,000 sat/vB. So half of that. Much more reasonable.', '1c8gv87'], ['u/bonerJR', 26, '2024-04-20 07:52', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/l0er2qg/', "Might have briefly spiked there or something but still it's ridiculously high right now. The future of finance costs $50 to send any amount.", '1c8gv87'], ['u/benjaminck', 45, '2024-04-20 09:55', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_30... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Ever since it went public almost exactly three years ago,Coinbase Global(NASDAQ: COIN)has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, naysayers assert that the stock is overvalued.\nFair enough. By some metrics,Coinbasedoes appear to be richly valued at this point. But there are two under-the-radar reasons why you should still be thinking about buying Coinbase stock like there\'s no tomorrow.\nThe big game-changer for Coinbase is that it finally seems to be figuring out how to make money in all market conditions. That will help to address a major complaint with Coinbase -- that it\'s too dependent on the vagaries of the crypto market. When crypto prices are rising, Coinbase will profit from trading fees. But what happens when the market goes south, as it did in 2022? Retail investors disappear, transaction revenue dries up, and Coinbase faces a lot of difficult questions from Wall Street analysts.\nSo that\'s why it\'s worth taking a closer look at Coinbase\'s non-transaction revenue, which comes from four "subscription and services" items: stablecoin revenue, custodial fees, blockchain rewards, and interest income. Its revenues from these sources continue to expand, and are starting to account for a bigger slice of the top line. For example, subscription and services revenue was up 78% in 2023. When Coinbase last reported quarterly earnings in February, this figure was up 12% from the previous quarter. These new revenue sources are helping to smooth out the impact of the crypto market\'s ebbs and flows on its results.\nIn 2024, the primary non-transaction revenue item I\'m keeping my eye on is custodial fees. As of January, Coinbase was the custodian for eight of the 11 new spotBitcoin(CRYPTO: BTC)ETFs. That\'s a big deal since these ETFs now have more than $30 billion in assets under management. Coinbase is essentially making money by looking after Wall Street\'s Bitcoin. As long as investors keep putting funds into these Bitcoin ETFs, Coinbase will continue to make money from custodial fees.\nThe second big game-changer for Coinbase is something called Base, which is a blockchain that the company launched in August. At the time, Coinbase got a lot of attention for being the first publicly traded company with its own blockchain, but nobody really knew what that would mean in terms of growth.\nWell, nearly nine months later, we\'re starting to get an idea of what Base is all about, and quite frankly, I\'m blown away. Base has already become a mini-innovation engine inside Coinbase that few people really know about or understand.\nFor institutional investors, Base has become a platform for testing out new concepts related todecentralized finance(DeFi). For retail investors, Base has become a go-to destination for trading meme coins. There have been so many new projects launched on Base that some have even compared it to an "earlySolana."\nI\'m particularly impressed by the amount of trading activity taking place on Base. Normally, we think of Coinbase as a centralized cryptocurrency exchange where investors trade in approximately 250 different cryptos. So you would expect the trading on its main platform to dwarf anything happening on Base.\nThat doesn\'t appear to be the case. As of March, decentralized crypto exchanges on Base are now seeing 24-hour trading volumes of more than $1 billion per day. That is almost exactly the same amount of 24-hour trading volume that Coinbase sees on its main platform for Bitcoin.\n"OK, OK," you\'re probably thinking. "Sounds great, but given all that, why is Cathie Wood of Ark Invest dumping Coinbase stock?" In a single week in March, for example, Ark Invest sold more than $150 million worth of Coinbase. The easy narrative here would be that she\'s simply given up on the stock.\nBut I think a big reason for those sales involves portfolio rebalancing. The valuation of Coinbase has increased so quickly that Ark Invest now needs to pare back its positions. Ark Invest says that no position in any of its ETFs will exceed 10% of the fund\'s total portfolio value, and keeping its Coinbase positions below that threshold\xa0 has required it to sell shares. So I\'m not particularly concerned that we keep hearing about Wood and Ark Invest selling Coinbase.\nAs a long-term investment, Coinbase continues to make sense. And with this month\'s Bitcoin halving, the price of all cryptos should continue to go up across the board. That\'s obviously good news for Coinbase\'s core business. Now that the company also has these two other under-the-radar factors working in its favor, these could be the secret to outperforming the market for years to come.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy.\n2 Completely Under-the-Radar Reasons to Buy Coinbase Stock Like There\'s No Tomorrowwas originally published by The Motley Fool', 'There\'s been a recent surge in investor interest in projects that are operating at the convergence of the artificial intelligence (AI) and cryptocurrency spaces. In 2024, as excitement about AI reached new heights, numerous cryptocurrencies that branded themselves as AI-related solutions have experienced significant gains.\nWhile the intersection of these technologies presents intriguing possibilities, the recent spike in interest may have inflated the values of many AI-branded cryptocurrencies. In typical crypto-market fashion, amid the noise, only a handful of these projects are likely to stand the test of time and hold their value.\nIn my view,Render(CRYPTO: RNDR)andBittensor(CRYPTO: TAO) hold true potential for long-term growth and offer genuine utility beyond the hype.\nRender is ablockchainnetwork that aims to democratize access to the resources needed for content rendering, particularly video cards (GPUs). Founded in 2017, Render emerged from the ambitious idea of utilizing blockchain technology to revolutionize graphics rendering.\nRendering -- the process of creating highly realistic images from 3D models -- requires significant time and hardware, especially to meet the high visual standards that viewers have for today\'s cinema, video games, and other virtual creations. Render\'s blockchain connects users requiring GPU computing power with those possessing it, enabling creators to produce high-quality 3D content without the need to purchase expensive hardware.\nRender\'s dynamic pricing system evaluates each GPU workload for rendering and efficiently distributes project tasks among available GPUs on its network. A sophisticated algorithm optimizes resource allocation, with the selected GPUs rendering the design and producing the required output. Content creators compensate GPU providers using RNDR tokens, based on the rendering task\'s complexity and resource usage.\nBeyond its technological potential, Render has a sound token model that should bolster its value. Following a burn-and-mint system, users pay for rendering tasks with dollars and then an equivalent amount of tokens are burned. The total supply that can be created is capped at 536,870,912 tokens, and roughly 70% of those are currently in circulation. It had minimal private sales in its early years, with the vast majority of the token supply in the hands of the public, a true rarity these days.\nWhile Render initially aimed to revolutionize graphic rendering, its innovative design offers vast potential for various AI applications as well as in the metaverse. For creators looking to leverage generative AI to create video, animations, and photos, Render\'s distributed network could prove to be invaluable. In addition, as the spatial web -- aka, the metaverse -- continues to evolve, there will be increasing demand for GPU resources to produce high-quality 3D renderings and photorealistic holograms.\nBittensor represents a decentralized network of artificial intelligence models. Its miners form the backbone of the network, providing users with access to a diverse range of models to tackle various AI tasks.\nTo grasp Bittensor\'s capabilities, let\'s contrast it with ChatGPT. While renowned for its human-like responses and widespread adoption, ChatGPT isn\'t without limitations: One could describe it as being akin to a single student in a classroom who has broad knowledge, but lacks depth in nuanced subjects. Bittensor, on the other hand, offers access to a multitude of AI models, each specialized in distinct tasks, effectively giving users access to an entire "university" compared to just one "student."\nMoreover, Bittensor fosters a collaborative environment in which models can learn from one another, breaking down the silos that confine traditional AI models like ChatGPT. This approach not only mitigates censorship resistance, but also promotes greater capabilities in those models. In essence, Bittensor aims to be the AI equivalent ofBitcoin(CRYPTO: BTC), with miners rewarded for providing access to AI models, and users benefiting from decentralized, trustworthy access to these models.\nIt also took a page out of Bitcoin\'s book in the form of its monetary policy. Like Bitcoin, Bittensor has a capped supply of 21 million coins, and undergoes periodic halvings that cut the rate of new coin production. There are currently just 6,609,871 coins in circulation; the rest are scheduled to be released over the next 22 years.\nIn a landscape dominated by big tech companies, Bittensor promotes an AI future built on innovation, censorship resistance, and decentralization. Its future applications could span industries from healthcare and finance to education and entertainment, unlocking new possibilities for AI-driven solutions and empowering users with trustworthy access to advanced AI capabilities.\nBefore you buy stock in Render Token, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Render Token wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Render Token. The Motley Fool has adisclosure policy.\n2 Top Artificial Intelligence (AI) Cryptocurrencies That Could Soar in the Bull Marketwas originally published by The Motley Fool', 'With a current market cap (as of the afternoon of April 17) of $360 billion,Ethereum(CRYPTO: ETH)is the world\'s second most valuable cryptocurrency. It\'s behind onlyBitcoinwhen it comes to market domination.\nJust in the past five years,Ethereum\'s native token has skyrocketed nearly 1,700% in value. That would have turned an initial $1,000 investment into a jaw-dropping $18,000 balance today.\nEthereum has also been on a fantastic run since the start of 2023, benefiting from the broader crypto market\'s rally. But this digital asset remains 36% off its high. Before you rush to buy the dip, here are three things you should know about Ethereum.\nEthereum\'s key characteristic is that it allows for the functionality ofsmart contracts. These are computer programs that automatically execute once separate parties in a transaction satisfy their ends of the agreement. Think about an escrow account immediately releasing funds as soon as a home buyer meets certain conditions. In theory, Ethereum could handle this without human intervention, which could lower costs.\nThis feature is what makes this cryptocurrency much more useful when compared to Bitcoin, according to what Ethereum bulls believe. In fact, Ethereum has a sprawling ecosystem ofdecentralized applications(dApps), ranging from gaming and finance protocols to non-fungible tokens and the metaverse. Smart contracts enable these types of use cases, which could disrupt traditional industry structures.\nGiven this background knowledge, it\'s not surprising that Ethereum is often dubbed the "world\'s decentralized computer."\nLike Bitcoin long has, Ethereum used to operate aproof-of-workconsensus mechanism. This is an energy-intensive way to process transactions and secure the blockchain. Estimates point to how Bitcoin\'s network uses the same amount of energy as a small country.\nBelieving that this was harmful to the environment and not on a sustainable path, Ethereum\'s developers successfully transitioned the network to aproof-of-stake(PoS) system in September 2022. After the so-calledMerge, in this setup, token owners who lock up their holdings have the right to validate transactions. According to Ethereum\'s website, the PoS consensus mechanism reduces energy usage by over 99%.\nThe other hope for the PoS transition is that it\'ll make Ethereum a much faster and cheaper network. It can only handle 14 transactions per second. And when demand is high, fees can soar. In order for Ethereum to one day usher in multiple new use cases, as many hope it can, the throughput needs to increase. There are other planned upgrades in the pipeline to one day make this a reality.\nBesides the Merge, Ethereum\'s developers have four main updates planned in the future. Each one focuses on a specific area of improvement. The end goal is to have a fully functioning Ethereum network that is good for the environment, fast, cheap, and able to have a vast dApp ecosystem operating on top of it.\nOf all the cryptocurrencies in the world, Ethereum has the most developers working on it by far. This bodes well for its future because it means there are smart people focused on solving complex problems to keep progress going. I always say that I believe the ultimate success of a cryptocurrency depends on its ability to bring about real-world utility. Ethereum is trying to do this.\nThe issue, though, is that no matter how smart the upgrade pipeline looks on paper, it introduces immense technical risk. We can\'t forget that blockchain technology is still in the early innings. There is a lot that needs to be learned. Constantly tweaking and messing with the software means there will always be the possibility that something will break along the way.\nIf you are bullish on Ethereum, understanding these three key areas should help give you a better understanding before you put your money to work.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n3 Must-Know Facts About Ethereum, Before You Buy the Cryptocurrencywas originally published by The Motley Fool', 'It has now been three months since the first spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) launched. In that time, they have managed to accumulate more than $30 billion in assets. They have become an easy and convenient way for first-time crypto investors to get exposure toBitcoin. Arguably, these spot Bitcoin ETFs have become the biggest, new, Wall Street product launch in 30 years.\nThat being said, some crypto enthusiasts still say that it\'s better to buy Bitcoin than a Bitcoin ETF. Are they just pining for a bygone era of crypto, or do they really have a point? Let\'s take a closer look.\nWhen thespot Bitcoin ETFsstarted trading on Jan. 12, I thought that they would have difficulty tracking the price of Bitcoin. After all, Bitcoin trades globally on a 24/7 basis, while the new ETFs trade on centralized exchanges with limited after-hours and pre-market trading. Moreover, Bitcoin is known for its historic volatility, and that would seem to make the act of tracking its price behavior much more challenging.\nYet, when I ran the numbers in mid-April, I was positively surprised. Using Jan. 12\xa0as a baseline, I compared the upward trajectory of Bitcoin with that of the top-two spot Bitcoin ETFs as ranked by their market cap. During that time period, Bitcoin increased in value from $46,656 to $62,206 for a gain of just over 33%. On a comparative basis, theiShares Bitcoin Trust(NASDAQ: IBIT)was up 33%, and theFidelity Wise Origin Bitcoin Fund(NYSEMKT: FBTC)was also up 33%.\nBitcoin / U.S. dollar chartby TradingView.\nAs can be seen in this three-month chart from TradingView, the two largest spot Bitcoin ETFs are up almost 1:1 with the price of Bitcoin. So, if you are simply looking for exposure to Bitcoin\'s price movement and planning to hold for the long term, then there does not appear to be any advantage to buying Bitcoin directly. Just keep it simple and buy the ETF.\nHowever, just keep in mind that you are not actually "buying Bitcoin" when you buy a Bitcoin ETF. Instead, you are buying exposure to the price of Bitcoin. In much the same way, when you buy an ETF tracking the S&P 500, you are not actually buying shares of every company in the S&P 500. You are buying exposure to the price of the S&P 500 via a benchmark asset that holds shares of those companies.\nThis might sound like semantics, but it has huge implications when it comes to crypto. That\'s because Bitcoin is both a currency and a commodity. There are times you might need access to Bitcoin as a currency. Say, for example, you wanted to use Bitcoin to pay for an airline ticket for an upcoming summer vacation. If you held Bitcoin via an ETF, you wouldn\'t be able to do that. You\'d have to sell your ETF and ask to pay in dollars instead. So did you really buy Bitcoin or just exposure to the price movement of Bitcoin?\nThere is a well-known aphorism within the crypto world: "Not your keys, not your crypto." The keys referenced here are cryptographic keys, and possession of them is the only way that you truly own Bitcoin (or any other cryptocurrency). In the case of the Bitcoin ETFs, the cryptographic keys belong to the ETF issuers and not to you.\nThus, if anything happens to Bitcoin -- such as the government deciding to change its legal or regulatory approach to crypto -- your options are very limited. The ETF issuers, not you, will decide what to do with your Bitcoin. Given that governments around the world routinely change their minds about Bitcoin, this is something that is top-of-mind for many crypto investors with a sizable position in Bitcoin.\nThat\'s why, whenever someone says how "easy" and "convenient" the new spot Bitcoin ETFs are to own, I\'m always a bit skeptical. Yes, they are easy. Yes, they are convenient. Yes, they do a very good job of tracking the price of Bitcoin. But at the end of the day, you do not own Bitcoin; Wall Street does.\nA number of influential investors are starting to recognize this fact as well. For example, best-sellingRich Dad Poor Dadauthor Robert Kiyosaki recently endorsed buying Bitcoin instead of the new Bitcoin ETFs. From his perspective, "rich dads" buy Bitcoin, while "poor dads" buy the Bitcoin ETFs. As Kiyosaki points out, direct-asset ownership is the key to wealth. Kiyosaki says he buys gold, not gold ETFs, and real estate, not real estate ETFs.\nThis is not to say that you shouldn\'t buy the new Bitcoin ETFs. If you are new to crypto, then they are potentially fantastic investments, right after the fourth Bitcoin halving event. They abstract away all the complexities of crypto and make Bitcoin easy to buy. You never have to worry about cryptographic keys or what Bitcoin miners actually do all day.\nBut just keep in mind: Buying a Bitcoin ETF is not the same as buying Bitcoin. Someday, this could be a game-changing difference.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin or a Bitcoin ETF?was originally published by The Motley Fool', 'It has now been three months since the first spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) launched. In that time, they have managed to accumulate more than $30 billion in assets. They have become an easy and convenient way for first-time crypto investors to get exposure toBitcoin. Arguably, these spot Bitcoin ETFs have become the biggest, new, Wall Street product launch in 30 years.\nThat being said, some crypto enthusiasts still say that it\'s better to buy Bitcoin than a Bitcoin ETF. Are they just pining for a bygone era of crypto, or do they really have a point? Let\'s take a closer look.\nWhen thespot Bitcoin ETFsstarted trading on Jan. 12, I thought that they would have difficulty tracking the price of Bitcoin. After all, Bitcoin trades globally on a 24/7 basis, while the new ETFs trade on centralized exchanges with limited after-hours and pre-market trading. Moreover, Bitcoin is known for its historic volatility, and that would seem to make the act of tracking its price behavior much more challenging.\nYet, when I ran the numbers in mid-April, I was positively surprised. Using Jan. 12\xa0as a baseline, I compared the upward trajectory of Bitcoin with that of the top-two spot Bitcoin ETFs as ranked by their market cap. During that time period, Bitcoin increased in value from $46,656 to $62,206 for a gain of just over 33%. On a comparative basis, theiShares Bitcoin Trust(NASDAQ: IBIT)was up 33%, and theFidelity Wise Origin Bitcoin Fund(NYSEMKT: FBTC)was also up 33%.\nBitcoin / U.S. dollar chartby TradingView.\nAs can be seen in this three-month chart from TradingView, the two largest spot Bitcoin ETFs are up almost 1:1 with the price of Bitcoin. So, if you are simply looking for exposure to Bitcoin\'s price movement and planning to hold for the long term, then there does not appear to be any advantage to buying Bitcoin directly. Just keep it simple and buy the ETF.\nHowever, just keep in mind that you are not actually "buying Bitcoin" when you buy a Bitcoin ETF. Instead, you are buying exposure to the price of Bitcoin. In much the same way, when you buy an ETF tracking the S&P 500, you are not actually buying shares of every company in the S&P 500. You are buying exposure to the price of the S&P 500 via a benchmark asset that holds shares of those companies.\nThis might sound like semantics, but it has huge implications when it comes to crypto. That\'s because Bitcoin is both a currency and a commodity. There are times you might need access to Bitcoin as a currency. Say, for example, you wanted to use Bitcoin to pay for an airline ticket for an upcoming summer vacation. If you held Bitcoin via an ETF, you wouldn\'t be able to do that. You\'d have to sell your ETF and ask to pay in dollars instead. So did you really buy Bitcoin or just exposure to the price movement of Bitcoin?\nThere is a well-known aphorism within the crypto world: "Not your keys, not your crypto." The keys referenced here are cryptographic keys, and possession of them is the only way that you truly own Bitcoin (or any other cryptocurrency). In the case of the Bitcoin ETFs, the cryptographic keys belong to the ETF issuers and not to you.\nThus, if anything happens to Bitcoin -- such as the government deciding to change its legal or regulatory approach to crypto -- your options are very limited. The ETF issuers, not you, will decide what to do with your Bitcoin. Given that governments around the world routinely change their minds about Bitcoin, this is something that is top-of-mind for many crypto investors with a sizable position in Bitcoin.\nThat\'s why, whenever someone says how "easy" and "convenient" the new spot Bitcoin ETFs are to own, I\'m always a bit skeptical. Yes, they are easy. Yes, they are convenient. Yes, they do a very good job of tracking the price of Bitcoin. But at the end of the day, you do not own Bitcoin; Wall Street does.\nA number of influential investors are starting to recognize this fact as well. For example, best-sellingRich Dad Poor Dadauthor Robert Kiyosaki recently endorsed buying Bitcoin instead of the new Bitcoin ETFs. From his perspective, "rich dads" buy Bitcoin, while "poor dads" buy the Bitcoin ETFs. As Kiyosaki points out, direct-asset ownership is the key to wealth. Kiyosaki says he buys gold, not gold ETFs, and real estate, not real estate ETFs.\nThis is not to say that you shouldn\'t buy the new Bitcoin ETFs. If you are new to crypto, then they are potentially fantastic investments, right after the fourth Bitcoin halving event. They abstract away all the complexities of crypto and make Bitcoin easy to buy. You never have to worry about cryptographic keys or what Bitcoin miners actually do all day.\nBut just keep in mind: Buying a Bitcoin ETF is not the same as buying Bitcoin. Someday, this could be a game-changing difference.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin or a Bitcoin ETF?was originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices:* [51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-21 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,276,015,980,888 - Hash Rate: 601215797.9919556 - Transaction Count: 641668.0 - Unique Addresses: 484762.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin opened the week as the top blockchain for non-fungible tokens (NFT) on Monday, with sales skyrocketing by 74% in the past 24 hours. The blockchain recorded US$21.11 million in sales, a substantial increase from Sunday’s US$12.13 million, according to CryptoSlam data. The number of transactions also rose 17% from 5,773 to 6,759 transactions. Monday’s sales volume experienced a decline of approximately US$1 million from Friday. Like Friday, Ethereum and Solana ranked second and third respectively in the past 24 hours. Ethereum experienced a sales decrease of 21%, with a total sales volume of US$12.41 million. Solana, on the other hand, saw a sales increase of 32%, with a total sales volume of US$10 million. Solana has been the big story for the industry in recent days, with the network’s native cryptocurrency flipping BNB on Monday to become the fourth-largest cryptocurrency by market capitalization. SOL was trading at US$199 at 2:30 p.m. ET.... - Reddit Posts (Sample): [['u/JJonesProd', "Why couldn't Shib beat Doge?", 16, '2024-04-21 01:48', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', '1c942ud', [['u/GetBent1990', 17, '2024-04-21 01:56', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0iy92t/', '142 billion DOGE - 582,861,833,239,519 SHIB ;;; there is your answer.', '1c942ud'], ['u/SilentOcelot4146', 14, '2024-04-21 02:20', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0j1rcf/', 'The price per token/coin/share is a small part of it, you need to look at the market cap. For example, Autozone is 3k a share, Apple is 160 a share. Apple as a company is worth nearly 50x as much.', '1c942ud'], ['u/Mj_6o4', 14, '2024-04-21 05:06', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0joha0/', 'Shib is in a different category than doge though...\n\nDoge like many other moonshot shit coins has nothing going for it.\n\nShib has a lot of stuff already made and a road map for the future..\n\nIt has a network (shibarium)\nIt has a dex (shibaswap)\nA dao (doggy dao)\nA game (shiba eternity)\nAn nft collection (the shiboshis)\nA metaverse project in development\n\nAnd I think more unique addresses hold shiba inu than any other coin on the ethereum network.', '1c942ud']]], ['u/JJonesProd', "Could Shib beat Doge's 8 years to hit 0.01?", 27, '2024-04-21 01:49', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', '1c943l4', [['u/snoopy_light', 14, '2024-04-21 02:12', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/l0j0m0y/', 'Yes it can if they burn trillions', '1c943l4']]], ['u/prncemirsky', 'Bitcoin ATM in Waterview laundromat', 86, '2024-04-21 03:02', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/', 'Posted without comment.', 'https://www.reddit.com/gallery/1c95l42', '1c95l42', [['u/prncemirsky', 14, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8j5u/', 'As far as I can tell, this is for purchasing Bitcoin as opposed to spending it. Wash your clothes and your cash at the same time.', '1c95l42'], ['u/logantauranga', 77, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8l9e/', 'Does this money-laundering machine have a delicate spin cycle?', '1c95l42'], ['u/Mort450', 56, '2024-04-21 03:12', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j982z/', 'Looks like something that will definitely steal your data and wallet holdings', '1c95l42'], ['u/babycleffa', 18, '2024-04-21 04:11', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jhhi4/', 'Bitcoin atms should be highly regulated if not banned\n\nThey’re typically used by people being scammed, and the business housing the atm gets a cut \n\nIt’s disgusting', '1c95l42'], ['u/Unfair_Explanation53', 10, '2024-04-21 04:33', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jkbdc/', "I don't think there are many elderly using digital currency.\n\nMost of the elderly I know won't even use paywave", '1c95l42'], ['u/weaz-am-i', 24, '2024-04-21 05:54', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jtzii/', "PM me your private keys, and I'll check on the database to see if they have been exposed.", '1c95l42'], ['u/hick-from-hicksville', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jup04/', 'You should break it open and steal all the bitcoin inside', '1c95l42']]], ['u/MaGiC-iNtErNeT-mOnEy', 'The "quadrupling"', 144, '2024-04-21 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/', 'Instead of the "halving" can we now all it the "quadrupling"? 🤣\n\nHere\'s a visual that shows the Bitcoin subsidy (6.25btc to 3.125btc) blue bars, and the Bitcoin fees, orange bars. Before and after the halving, block number 840,000.\n\nYou can see fees have exploded such that the reward and halving is so insignificant to the now very expensive fees, even still now that we\'re over a day out post halving.', 'https://i.redd.it/jnwtc7vepqvc1.jpeg', '1c96o4z', [['u/Horror_Rich4403', 46, '2024-04-21 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jhuts/', 'Can someone explain why fees jumped so much? Why were they pretty consistent right before?', '1c96o4z'], ['u/anyprophet', 33, '2024-04-21 04:21', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jiseo/', 'this post is a good rundown of it: https://www.reddit.com/r/Buttcoin/comments/1c8x7k2/why_bitcoin_transaction_fees_are_so_high_right/', '1c96o4z'], ['u/Horror_Rich4403', 26, '2024-04-21 04:32', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jk775/', 'The poster was right. This IS very hilarious and dumb!\xa0', '1c96o4z'], ['u/dyzo-blue', 96, '2024-04-21 04:33', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkagf/', "People who make Ordinals paid extra fees to try to land their transaction exactly in the Halvening block, because somehow NFTs created within it should be more desirable. (Yeah, it's dumb.)\n\nThen all the wallets that suggest fees for transactions base it on averaging the fees from the last couple blocks. So the fees stay high indefinitely. (Yeah, it's that dumb.)", '1c96o4z'], ['u/Horror_Rich4403', 27, '2024-04-21 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkjmn/', 'Seriously though are people still buying NFTs? Like truly the fad isn’t over?\xa0\n\nIf anything was to be compared to beanie babies, NFTs were truly it. If they’re mostly being used to wash trade, why would the fraudsters waste the money?', '1c96o4z'], ['u/WishboneHot8050', 27, '2024-04-21 04:43', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jlmsl/', "I was hoping for the spiral death loop scenario. That is the idea that half the miners would immediately unplug after the halving since they wouldn't be able to maintain profitability. And the reduction in overall hash rate would trigger even longer hash times between blocks for those that stayed on hashing. Thereby raising overall mining costs per block again, thereby causing other miners to unplug.\n\nNot happening today.", '1c96o4z'], ['u/lagerbaer', 25, '2024-04-21 05:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnu7b/', 'Interestingly enough, no mention whatsoever of this on the bitcoin sub. As in, stupid high transaction fees.', '1c96o4z'], ['u/Ok-Row-6131', 14, '2024-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnzk7/', 'This is amazingly dumb.', '1c96o4z'], ['u/dyzo-blue', 25, '2024-04-21 05:15', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jplws/', "I don't think there is much volume sold anymore.\n\nBut apparently there are still enough creepto-rich whales out there, who are fascinated enough, that they enjoy minting their own. By enough, I mean enough to cause the spike. It could just be a couple dozen nerds sitting on hundreds of BTC each.", '1c96o4z'], ['u/mechanicalcontrols', 10, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5cq6/', "Every time we think we've seen the bottom, the crypto bros dig deeper to a new level of stupid.", '1c96o4z'], ['u/mechanicalcontrols', 11, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5eq6/', "Well, of course. It's inconvenient to the hype men.", '1c96o4z'], ['u/mechanicalcontrols', 13, '2024-04-21 07:46', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5i5b/', 'Might still happen.', '1c96o4z'], ['u/Vast_Bar9356', 10, '2024-04-21 08:40', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kad44/', "A new update was made for Bitcoin allowing for 13 character tokens to be created on the Bitcoin network called runes. This upgrade was coded to launch on the 840,000th halving block. On the upgrade, there was a big fight for different team projects to secure specific initial number spots and secure their team projects unique ticket name. Some teams or individuals raised money for the gas fees to ensure they secured their ticker as the outcome can lead to a successful project launch and a profitable project. \n\nBitcoin runes is almost akin to erc 20 (ethereum) being released. The ability to create tokens that pretend to do something but don't really do anything. This approach has been taken to the extreme on Bitcoin with runes, that projects boast that there is no utility to the token it is simply a meme token. \n\nThe event has been largely very over hyped, there were pre rune brc 20 token launches that promised a rune post halving. But we will see over the coming months which projects get listed on cex's and can continue to shine, who will have lost the most money on gas fees and not made money, who gets rug pulled by the pre mine on the ticker... Etc etc\n\n(In the initial launch, many tokens could be minted just by laying the gas fees, another reason why gas fees were so high, as their were thousands of individuals scouring these pages for good tickers that good minted 10x and 100x opps.)\nhttps://luminex.io/runes/\n\nAlpha:\nhttps://x.com/udiWertheimer/status/1781787765631270929?t=1lAcs1IuosX5m2R8dmt1Eg&s=08\n\nCan buy on unisat (terrible UX), gate io just listed Satoshi•nakamoto and meme•economics \nhttps://unisat.io/runes/market?tick=SATOSHI%E2%80%A2NAKAMOTO\n\nTldr: runes was launched on 840,000th block allowing memecoins on Bitcoin blockchain and BTC degens are gambling on the next doggy coin or memecoin to come out of this. Especially with possible exchange listings of these runes in the future. 🙏", '1c96o4z'], ['u/henrik_se', 19, '2024-04-21 08:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0karpu/', "> So the fees stay high indefinitely\n\nBecause the few people who are actually transacting on the blockchain don't give a fuck. If this had been a real currency with actual transactions and consumers, there would have been a massive pressure to get the fees down.", '1c96o4z'], ['u/Lyrolepis', 17, '2024-04-21 08:56', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kbsvt/', "...wait, they want to estimate the likely future transaction prices from past transaction prices, but their algorithms just do a running average without any sort of monitoring for outliers (in either direction)? \n\nThat's... somewhere in the world a statistician just started crying and does not know why.", '1c96o4z'], ['u/ross_st', 18, '2024-04-21 08:58', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kbybc/', "Note: Runes isn't an update to the Bitcoin protocol. It's just data added via OP\\_RETURN. Nothing 'went live' in the Bitcoin network's codebase at block 840,000. It's just that people who have agreed to follow the Runes standard have also agreed that this was the first block they'd recognise Runes from (although people were 'minting' 'unofficial' runes in earlier blocks).", '1c96o4z'], ['u/OfficeSalamander', 10, '2024-04-21 16:48', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0lo9kd/', 'My debit card never has surge pricing though', '1c96o4z']]], ['u/liveaskings', 'Going all in on Flare?', 14, '2024-04-21 05:00', 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/', "I want to see what some of your opinions might be on this. \n\nWe are about a third of the way completed with the airdrops. I'm debating if I should go all in on Flare to capitalize on those remaining airdrops. If I were to sell my other coins and go all in, that would be able to generate over $1,200 of income a month from those airdrops. \n\nAdding to that income, I also know that Flare still has a lot of room to grow and will be a solid project for years to come. \n\nAre there any of you who are all in on Flare? Would I be stupid to sell BTC and other coins to go all in? \n\nGenuinely curious about your thoughts on this.", 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/', '1c97qob', [['u/rali108v5', 19, '2024-04-21 05:13', 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/l0jpbur/', "I don't think you should go all in on Flare, I like what they are doing and hold a considerable amount. But there is no guarantees. Diversify. look at XRP, so much potential and hype but its still at 50c after 7 years.", '1c97qob']]], ['u/Error5245', '0.15 inches in 12 days', 39, '2024-04-21 05:23', 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/', "I went from 5.7 to 5.85 NPB within the span of 12 days. For context, I found out about PE in late 2023, but I didn't actually start properly up until 3 months ago. I started off with 20 bundled stretches and btc stretches for about 5 minutes in the morning and before I slept. I did this very inconsistently, often going for a week or so with no PE whatsoever. This got me from 5.6 to 5.7 NBP in the span of 2 months. Around this time I got myself in a new relationship, prompting me to actually do something about my penis size. So about 12 days ago I started a new routine, which is as follows:\n\nMorning:\n- Pull straight down (1 min x 5) \n\nBefore sleep:\n- Pull to the left (1 min)\n- Pull to the right (1 min)\n- Pull straight down (1 min x 3)\nRepeat 3 times. \n\nWithin the first 3 days, I noticed my flaccid penis was longer and fuller, just occupying more volume. On the 12th day of this routine, I decided to measure myself, not expecting quite much (considering it had just been 12 whole days lol). To my pleasant surprise, I saw my penis reached just between the 5.8 and 5.9 mark. This meant I'd gone from 5.7 inches to 5.85 inches NPB and gained 0.15 inches in 12 days. I just wanted to share this to motivate the beginners (like myself) here that it's possible, you just gotta be consistent and put in the effort. \n\nAlso, a few things I've learned during my 3 months of PE that helped me with my EQ and growth:\n- dont go to hard while doing manuals, just pull the head of your penis (making sure ur not squeezing it too hard either) until your penis is taut\n- do your manuals with your penis around 30% hard (no way to estimate the % at whig your penis is hard lmao, ur just gonna know at a certain point)\n- stay hydrated. me personally, being 5'11 67 kgs, i drink about 3 and a half litres spaced out every day\n- eat healthy. try consuming whole foods more, avoid junk foods, cut down on unnecessary sugars\n\n\n\n", 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/', '1c984yj', [['u/TransatlanticAB', 24, '2024-04-21 08:48', 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/l0kb0rt/', 'EQ is a hellavu drug', '1c984yj']]], ['u/99globsofectoplasm', 'who is the smartest person AGAINST bitcoin?', 47, '2024-04-21 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/', "I've read the whitepaper, watched countless videos, and have come to the conclusion that bitcoin is something special. But more importantly, it seems people who are much smarter than me believe in bitcoin. \n\n \n\nIt seems that those against bitcoin are just ill informed. I often see statements like\n\n* it's a ponzi scheme\n* something something tulip mania\n* what if someone shuts off the internet\n* I can't hold it so it's not real \n* it uses too much energy and is bad for the environment\n* can't work as an actual currency\n* only bad people use it for illegal stuff\n\nAre there any people out there who really know bitcoin on a technical level and can see some flaw that holds up in an argument? A flaw that would actually prevent bitcoin from becoming the digital bedrock of our entire financial world?", 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/', '1c98npf', [['u/effervescentinvader', 38, '2024-04-21 06:06', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jvdhq/', "This is a really good question. The most famous anti-Bitcoin pundits like Peter Schiff don't seem to know what they're talking about because they have a lot of economy-based education and no knowledge of the technology behind Bitcoin. As hard as I've tried to get a coherent explanation on why Bitcoin is going to zero the arguments are all fluff and no substance.", '1c98npf'], ['u/Forward-Aide-4822', 23, '2024-04-21 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jvyai/', 'Nassim Taleb', '1c98npf'], ['u/Distinct_Plankton_82', 18, '2024-04-21 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jx81a/', "Sure.... \n \nThe biggest argument against it is there isn't a scalable way to have enough on chain transactions to support global adoption. People have been working on this for 10 years and there's still no agreed solution.\n\nEven L2 solutions like lightening don't scale enough because you still need an on chain transaction to open and close a channel.\n\nThere is currently no way Bitcoin scales to the entire global financial system without the vast vast majority of the transactions being centralized and off chain, which kills a large number of the benefits of bitcoin.", '1c98npf'], ['u/levigoldson', 11, '2024-04-21 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jz1ek/', 'Even smart people like Taleb can become a victim of their own arrogance. He used to own bitcoin, until he sold it, and forever was stuck in his "it will crash soon....trust me" mode. The guy can\'t even admit when his predictions are wrong.', '1c98npf']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, April 21, 2024', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/', '1c98rjb', [['u/dopeboyrico', 27, '2024-04-21 06:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0jvvq3/', 'Average net inflows since spot ETF approval is at $178.6 million per trading day.\n\nWe’ve had 69 trading days since spot ETF launch. But there’s only 5 trading days in a week. Today marks 102 calendar days since spot ETF launch. In terms of average daily inflows in calendar days, we’re at $120.85 million per day.\n\n450 BTC are mined per day. If we reach a point where buying/selling outside of spot ETF’s is net neutral and spot ETF’s are chasing newly mined BTC only, equilibrium price would be $268.55k per BTC.', '1c98rjb'], ['u/anon-187101', 16, '2024-04-21 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k44fg/', "there's been more coin distribution around the previous ATH than I expected\n\nlots of lettuce hands with 2022 trauma", '1c98rjb'], ['u/kb1985', 20, '2024-04-21 07:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k5gt4/', 'Wait, is this the famous „it will dump immediately after the halving” event?', '1c98rjb'], ['u/Normal-Jelly607', 11, '2024-04-21 08:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k7txj/', 'We’ve had 2 green days since the 5th of April.', '1c98rjb'], ['u/Outrageous-Net-7164', 15, '2024-04-21 08:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k80ux/', 'I think most people in Bitcoin are lettuce hands waiting for an exit number.', '1c98rjb'], ['u/CompleteApartment839', 10, '2024-04-21 08:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k99p4/', 'One thing I’ve learned with bitcoin is not to count any chickens until they’re mined. 🙏', '1c98rjb'], ['u/DesperateToHopeful', 18, '2024-04-21 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kc3jb/', "It could easily still dump. There hasn't been a TradFi business day since the halving, fees are unusually high atm due to Runes (basically graffiti for the short-sighted and/or stupid) which might dissuade people moving coins to exchanges to sell, lots of potentially volatile geopolitical/economics events are ongoing.", '1c98rjb'], ['u/monkeyhold99', 11, '2024-04-21 09:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kcyqx/', 'People were thinking this would be sell the news. Reverse psychology. Pamp it.', '1c98rjb'], ['u/Melow-Drama', 32, '2024-04-21 10:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0khiz7/', 'Transaction fees have shot up to levels beyond 100 USD ([chart](https://ycharts.com/indicators/bitcoin_average_transaction_fee)) due to the launch of Runes protocol on BTC whereby you can basically mint stuff on the BTC chain similar to Ordinals. Some openly call it a spam attack. But what saddens me once again is that there is no constructive discussion allowed in, for example, this [r/bitcoin thread](https://www.reddit.com/r/Bitcoin/s/DklbeQAXfl). Even mentioning Runes gets your post deleted.\n\nI struggle to see why all network users should pay for the experiments of a few, hence, this is anything but ideal. But there has to be discussion allowed. /End of rant', '1c98rjb'], ['u/snek-jazz', 17, '2024-04-21 10:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kio2w/', "I have no strong opinion on this, except that I always get a little kick out of people finding out what decentralised really means.\n\n> But what saddens me once again is that there is no constructive discussion allowed in, for example, this r/bitcoin thread.\n\nI wouldn't worry too much about that, attempting to censor the internet doesn't tend to be very successful.", '1c98rjb'], ['u/bundabrg', 26, '2024-04-21 10:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kivyy/', 'I am about as BTC maxi as it gets a but i dislike how that sub went and have left it for about 7 years I reckon. I understood the issue when they were getting spammed like crazy during the bitcoinXT(etc...) days but i feel they are now no longer representative of the core values of Bitcoin.', '1c98rjb'], ['u/_supert_', 16, '2024-04-21 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kkvf5/', 'I agree. A shitstain on the trousers of bitcoin. Fortunately they are not really relevant any more.', '1c98rjb'], ['u/btctrader12', 24, '2024-04-21 11:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0ko7c2/', 'No one is longing this and funding rates are still low. Any sort of dump is immediately bought up. I expect tons of liquidations going up', '1c98rjb'], ['u/btctrader12', 10, '2024-04-21 11:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kol76/', '“Currently the fungible token market for Bitcoin is quite small in comparison to ETH and SOL; however, with the launch of more efficient token standard (Runes), Bitcoin is positioned well to to close the gap between its fungible market cap versus that of other blockchains.”\n\nLooks like BTC devs wanted their own ways to create shitcoins now! Bullish', '1c98rjb'], ['u/Rich-Math-2095', 25, '2024-04-21 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kwmut/', 'this is not the work of btcoin devs.', '1c98rjb'], ['u/muskelralf', 10, '2024-04-21 13:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kzqlt/', 'At which price do you think those shorts are getting liquidated?', '1c98rjb'], ['u/CurrencyAlarming1099', 11, '2024-04-21 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l0mx6/', "I can't understand why ordinals was added to bitcoin. Is there something wrong with shitcoins being far away? We had to have them bidding on our block space too?\n\nSigh, not that it matters in the long term. Runes will quickly get out competed by a base chain that doesn't also have to be the world's money.", '1c98rjb'], ['u/CurrencyAlarming1099', 10, '2024-04-21 13:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l0ye6/', "It's been much longer than that. Stopped being useful after the first bull run in 2013. The next bull run was all arguments about block size which for me had been settled on bitcointalk years earlier.", '1c98rjb'], ['u/BuyAnacottSteel', 11, '2024-04-21 13:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l1o24/', 'Breaching 66k in the short term would liquidate some degens. That would be first real level.', '1c98rjb'], ['u/noeeel', 18, '2024-04-21 14:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l2er3/', 'If the weekly closes tonight above 65.6k I will close my short.', '1c98rjb'], ['u/Cultural_Entrance312', 25, '2024-04-21 14:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l4u8b/', 'On the hourly BTC has broken out of the falling wedge. RSI is at 61.3 (average 59.3) at time of writing. Current, nearby, resistance are 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 64.1, 63, 61.7, 60.5 and 59. We might have another leg up soon to the 67.4 area. It’s the old sloping resistance from the last pennant.\n\nThe daily RSI is at 48.1 and its average is currently at 47.7. A falling wedge is forming. Need a couple of more touches to make sure it is a legitimate pattern. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA and downward sloping resistance.\n\nIt looks like we may close for the 3^(rd) week in a row red, although it is currently only 600 away from turning into a green candle. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.2 (77.9 average). A more traditional pennant formation has been formed (It did wick below it). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 70.2. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/CVBl7C2W/](https://www.tradingview.com/x/CVBl7C2W/)\n\nDaily: [https://www.tradingview.com/x/rHVGU2sP/](https://www.tradingview.com/x/rHVGU2sP/)\n\nWeekly: [https://www.tradingview.com/x/LoYf4TU1/](https://www.tradingview.com/x/LoYf4TU1/)\n\nMonthly: [https://www.tradingview.com/x/5XzZ19J2/](https://www.tradingview.com/x/5XzZ19J2/)', '1c98rjb'], ['u/AccidentalArbitrage', 19, '2024-04-21 15:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l8ztm/', 'I think runes are stupid and that they won’t last long. \n\nBut I also think Bitcoin is an open, public, network. If you are willing to pay the fee you can use it however you like IMHO.', '1c98rjb'], ['u/John_Crypto_Rambo', 32, '2024-04-21 15:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0len6r/', 'Max pain is 80k as people that sold the halving waiting for the 50s go post on Buttcoin.', '1c98rjb'], ['u/bobsagetslover420', 17, '2024-04-21 15:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lftj5/', "Don't we do this almost every weekend? Price recovers and hope returns just to get slapped down when the stock market reopens?", '1c98rjb'], ['u/Melow-Drama', 11, '2024-04-21 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lg4dm/', "Transactions fees matter to all holding coins directly and the chart speaks to itself so I'd disagree humbly.", '1c98rjb'], ['u/btc-_-', 22, '2024-04-21 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lhlu6/', "and then one day it just starts going up and doesn't get slapped back down. the tricky thing is that we don't know when that'll be.", '1c98rjb'], ['u/phrenos', 28, '2024-04-21 16:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lpygo/', 'What is this, a crab for ants?', '1c98rjb'], ['u/octopig', 13, '2024-04-21 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lum7l/', 'Yeah max pain is definitely the price going way up!!!', '1c98rjb'], ['u/Mbardzzz', 18, '2024-04-21 17:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lwtjy/', 'We’re in for months of this shit before price goes up.', '1c98rjb'], ['u/pseudonominom', 24, '2024-04-21 17:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lz6rz/', 'Good. “Normalize $60k” is just letting the foundation consolidate.', '1c98rjb'], ['u/Taviiiiii', 14, '2024-04-21 18:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0m8vpp/', 'Holy shit a 500$ drop, what a bart', '1c98rjb'], ['u/btctrader12', 15, '2024-04-21 18:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0m9tmy/', 'Funding rates are at about the same level BTC was at during the 38k bottom. I expect any sort of dip to be bought up which will then cascade up into liquidations. You can see it in the price action: every 1-2k move is instantly and quickly bought up', '1c98rjb'], ['u/barfalloverewe', 22, '2024-04-21 19:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0mc7ov/', 'Due for another Sunday late night surge. !bitty_bot predict over 71,000 on 4/22/24', '1c98rjb'], ['u/AccidentalArbitrage', 16, '2024-04-21 19:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0mdunz/', ">Funding rates\n\nI'm shocked by how negative they are, still.", '1c98rjb'], ['u/btctrader12', 20, '2024-04-21 19:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0me5rf/', 'It’s from shorts that loaded up during World War 3 (April 12-19)', '1c98rjb'], ['u/Cadenca', 19, '2024-04-21 21:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0n2mvb/', 'Someone call up the Bitcoin CEO, this price action is not stimulating enough for me', '1c98rjb'], ['u/btc-_-', 13, '2024-04-21 22:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0n5nt7/', "i called my dad who works at bitcoin and he said i need to chill out because they just had their halving sale start this weekend. i guess usually they don't see inventories really start to clear out for another 4 to 6 months after the quadrennial halving sale begins. he also said there are tendies in the freezer so, overall, i'm pretty stoked.", '1c98rjb'], ['u/btc-_-', 25, '2024-04-21 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0niiyh/', "Here are some reasons why I think the full cycle peak is still yet to come. As a disclaimer, this is looking at it as if we're currently on a peak trajectory for 2024 instead of recent price action having been a mid-cycle top. If we're at a mid-cycle top instead with a lull the rest of 2024, then I'd expect the peak to go even higher in 2025.\n\nMonthly LMACD ([chart link](https://i.imgur.com/afsMopY.png), settings visible):\n\n* Based on the macro downward trendline (in yellow), we still have quite a ways to go to touch that line. That's also assuming we see a continued downtrend, which is not guaranteed. Comparatively, this cycle we're currently looking like July 2017 or Dec 2020.\n* If we're well on our way to a peak, then we should expect to see another 90 days to the peak (if current LMACD position to peak continues to shorten) or possibly another 120-150 days to match previous cycles.\n* For a different cycle peak target, in looking at the bottom of the chart, LMACD bottom to top has been 822 days and 731 days the last two cycles, respectively. If we expect a similar shortening, then we'd expect another 91 days shorter to peak to give us 640 days total, or an October 2024 peak.\n* Additionally, we have yet to see an LMACD bearish cross where the LMACD line (blue) crosses below the signal line (orange)\n\n\nMonthly RSI ([chart link](https://i.imgur.com/GU04cLf.png), settings visible):\n\n* Similar to the LMACD above, we're seeing a macro downtrend for RSI (in yellow). We haven't got close to that yet. Comparatively, this cycle we're currently looking like May 2017 or Dec 2020. \n\n* Even if we look at the orange moving average and its downtrend (teal line), we're still quite a ways away. \n\n* Based on RSI bottom to top (date measurements at the bottom), we could get extreme with it and say that we see a similar percentage number of days decrease this cycle as last cycle. That would mean an RSI top of about July 2024. If we match last cycle's 790 days, that puts us near Feb 2025.\n\nDXY Cycles ([chart link](https://i.imgur.com/IRdNmnE.png), idea stolen from /u/damonandthesea and his [comment here](https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00ysf6/)):\n\n* Monthly DXY (U.S. Dollar Index) looks to follow about 40-month cycles (yellow, very bottom). Interestingly, these cycle line up almost exactly with Bitcoin's cycle peaks.\n* Currently, DXY is higher than expected due to poor strength from most countries' currencies relative to the U.S. dollar, and should it continue its downward trajectory to near the bottom of the red oval, it would have an estimated date of around Sept 2024. It seems to be +/- 2 months so could stretch closer to end of year.\n\nOther Indicators - Nearly every other indicator I look at shows that we're still early. Some unmarked examples for you to compare with previous cycles:\n\n* [Pi-Cycle Top](https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/)\n\n* [MVRV Z-Score](https://www.lookintobitcoin.com/charts/mvrv-zscore/)\n\n* [200 Week Moving Average Heatmap](https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/) \n\n* [Long Term Power Law](https://charts.bitbo.io/long-term-power-law/)\n\n* [Monthly RSI](https://charts.bitbo.io/monthly-rsi/) - graphical view\n\n* [2-Year MA Multiplier](https://www.lookintobitcoin.com/charts/bitcoin-investor-tool/) \n\n* [AHR999 Index](https://www.coinglass.com/pro/i/ahr999)\n\n* [Golden Ratio Multiplier](https://www.lookintobitcoin.com/charts/golden-ratio-multiplier/)\n\n* [Mayer Multiple](https://charts.bitbo.io/mayermultiple/)", '1c98rjb']]], ['u/Knorssman', 'How is the size of BTC segwit blocks passing 1MB an acceptable burden for nodes to process without harming decentralization?', 23, '2024-04-21 06:19', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/', "Nodes have to keep data processing and bandwidth requirements low according to small blockers so increasing the legacy blocksize past 1MB is unacceptable. \n\nSegwit nodes have to have processing power and bandwidth to handle blocks of up to 4MB in weight. That data is just as burdensome to process as a 4MB legacy block.\n\nNodes can't process 4MB legacy blocks, but they can process 4MB segwit blocks?\n\nI feel like I'm missing something because I can't be the only person who has thought of this if this is a relevant consideration. ", 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/', '1c992yy', [['u/PopeIndigent', 30, '2024-04-21 06:43', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0jz6xo/', 'It makes no sense until you consider the possibility that they were solving a different problem than you thought they were.\n\nIf the question BlockStream and the BlockStream sellouts were asking was "How can we cripple Bitcoin", then the definitely came up with the right answer.', '1c992yy'], ['u/bryandamage', 12, '2024-04-21 06:47', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0jznwx/', "I don't know. most people here don't care for segwit.\n\ngo ask /r/bitcoin or something. enjoy your ban.\n\ncome tell us if you find any answer(s) though. should be good for a quick lol.", '1c992yy'], ['u/phro', 15, '2024-04-21 06:54', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0k0bko/', "You're not missing anything. They claimed that weight was a real block size increase and that block size increases to 2MB would be dangerous. Those of us who spoke out were banned until enough newcomers bought into their bullshit.", '1c992yy'], ['u/Collaborationeur', 10, '2024-04-21 08:24', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0k8yko/', '> Why don’t people implement runes and ordinals on BCH instead and see how it works out\n\nDo try to keep up, CashTokens is a thing already and is working out as designed:\n\n”CashTokens are digital assets created on Bitcoin Cash. CashToken transactions are highly-efficient and validated in parallel, so transaction fees are\xa0less than $0.01, even during periods of high\xa0network\xa0usage.”\n\n \n[cashtokens.org](http://cashtokens.org)', '1c992yy'], ['u/pyalot', 15, '2024-04-21 09:17', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0kdld5/', 'Keep in mind that „legacy“ 1mb blocks, are still used for segwit transactions. Although the witness data is moved to the extension block, a legacy-style anyone can spend transaction (sans witness data), is still entered into the 1mb block section.\n\nThis effectively gives BTC more transaction capacity, however, in practice it amounts to around 1.4x more (because the 1mb section is still limited to 1mb).\n\nOn the downside, witness data is fee discounted (fee policy only counts 1/4 of witness data), which is what gave rise to runes (because those are all inscribed in the witness section).\n\nOverall, SegWit was a really stupid upgrade, achieving nearly nothing, but lead to a lot of technical debt, mental gymnastics and unintended consequences.', '1c992yy'], ['u/NilacTheGrim', 11, '2024-04-21 09:28', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0kefy9/', "The narrative has run cirlces around itself in terms of nonsense. It's like trying to understand other scams of the past. Logical inconsistencies abound and either you accept them as a cult member.. or you give up and realize it's a fraud.\n\nPeople left in the BTC camp are basically living in a cult. None of it makes sense anymore but.. that doesn't matter. Membership to the cult matters and loyalty to the cult leaders and internalizing their pronouncements matters.", '1c992yy']]], ['u/Wonderful_Bad6531', 'ETH has better halving pump then BTC!', 35, '2024-04-21 07:45', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/', 'Ethereum is up by 3.52% from yesterday and is currently trading at $3,176.04.\nIt has increased by 4.55% in comparison to last week.\n\n\nBitcoin has climbed by 1.50% in the past 24 hours, and is now trading at $65,153.81. It is 1.78% higher than last week.\n\n\n\nIs this the start of the halving pump,is Eth going to outperform BTC?\n\nWhat do you guys think?\n\nAre we going to the moon?', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/', '1c9ah6h', [['u/LegendRXL', 14, '2024-04-21 07:47', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k5kfg/', 'I think ETH ecoystem season is on the horizon\n\nNarrative will shift slowly from BTC to ETH', '1c9ah6h'], ['u/SigiNwanne', 12, '2024-04-21 08:01', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k6uhm/', 'I think Eth is going to give a better ROI than BTC.', '1c9ah6h'], ['u/Dark_Raiden_', 29, '2024-04-21 08:11', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k7srh/', "These posts are devoid of reality. Btc is basically hovering around its 2021 peak, while ETH sits at nearly 40% below its own. The ETHBTC ratio has taken a dive and has not broken out of a multi-year downtrend.\n\nThis is overanalysing the performance of an individual day, you can name thousands of alts that went up more than btc did yesterday.\n\nSecondly, BTC _never_ follows ETH. It's the other way around. ETH has historically caught up and surged in its btc value around the time btc tops. In fact, the last top was accompanied by a massive pump on ETHBTC. And then ETH took a dive to follow btc. \n\nYou have to analyse realistically rather than adopting a narrative that appeals to you.", '1c9ah6h'], ['u/InclineDumbbellPress', 11, '2024-04-21 13:41', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0kzuzk/', 'I think they dont like realism here this sub is hopium driven', '1c9ah6h']]], ['u/rBitcoinMod', 'Daily Discussion, April 21, 2024', 31, '2024-04-21 08:05', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/daily_discussion_april_20_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/', '1c9aspq', [['u/someoneSomewhere2973', 12, '2024-04-21 11:30', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0kohwj/', "Spam attack (Runes) but it is unsustainable and fees will come down.\n\nTwo good comments in yesterday's thread: \n[https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f5la3](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f5la3) \n[https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f1y8n](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f1y8n)\n\nBitcoin University: \n[https://www.youtube.com/watch?v=wdGQ2T7J7XI](https://www.youtube.com/watch?v=wdGQ2T7J7XI)", '1c9aspq'], ['u/dynamys', 19, '2024-04-21 14:06', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0l2gg2/', 'Slow melt up to 100k by fall.', '1c9aspq'], ['u/escodelrio', 19, '2024-04-21 14:38', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0l61gn/', "Historical Bitcoin prices for today, April 21st:\n\n2024 - $65,243\n\n2023 - $27,265\n\n2022 - $40,482\n\n2021 - $53,820\n\n2020 - $6,843\n\n2019 - $5,244\n\n2018 - $8,923\n\n2017 - $1,250\n\n2016 - $449\n\n2015 - $234\n\n2014 - $495\n\n2013 - $119\n\n2012 - $5.3\n\n2011 - $1.20\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.28 trillion.\n\nBitcoin's current block height is 840207; with the average block time for the last 7 days being 9.88 minutes.\n\nThere are currently 18,914 reachable Bitcoin nodes.\n\nBitcoin's average daily trading volume for the last 7 days is 99,226 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 465,607.\n\nBitcoin's average daily hashrate for the last 7 days is 629 exahashes per second.\n\nBitcoin's average daily price from 18-Jul-2010 to 21-Apr-2024 is $11,128.\n\nBitcoin's average daily price for the year 2024 is $56,023.\n\n1 US Dollar ($) currently equals: 1,533 satoshis; making 1 penny equal 15.33 sats.\n\nThere are currently 19.69M ₿ in circulation, leaving 1.31M to be mined.\n\nThere are currently 2.52M ₿ held by companies, governments, DeFi, and ETFs, representing 12.79% of circulating supply.\n\nThere are currently 53,508,500 nonzero Bitcoin addresses.\n\nBitcoin's current block reward is 3.125₿, which is worth $203,883 per block.\n\nThe next Bitcoin halving is anticipated on 26-Mar-2028; the block reward will fall to 1.5625₿.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 11.52% from the ATH.", '1c9aspq'], ['u/eyedude2898', 11, '2024-04-21 20:02', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0mkq7l/', "Bitcoin has already won. Few understand this, though. It's a binary situation: either it goes to zero or goes to infinity. And the zero case is only po... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'These seven large-cap stocks were the worst performers last week. Are they in your portfolio?\n1. Arm Holdings plc(NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongsideASML Holding N.V.(NASDAQ:ASML), which reported worse-than-expectedfirst-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from“Outperform” to “Neutral”with a $100 price target.\n2. MicroStrategy Inc’s(NASDAQ:MSTR) stock lost 20.07% last week. Most crypto stocks fell last week due to the volatility in Bitcoin (CRYPTO: BTC/USD) price.\n3. Coinbase Global Inc(NASDAQ:COIN) stock lost 15% last week due to weakness in Bitcoin’s (CRYPTO: BTC/USD) price. Economist and crypto skeptic Peter Schiffexpressed skepticismregarding the apex crypto blasting off in line with predictions by some bulls.\n4. Prologis, Inc.(NYSE:PLD) declined 13.73% as the company’s first quarter FY24 rental revenue of $1.83 billion missed the consensus and lowered the FY24 outlook for EPS and core FFO/share due to anticipated loweraverage occupancy and competitive leasing.\n5. Tesla Inc(NASDAQ:TSLA) fell 13.6% last week. The Elon Musk-led company had a tough week onmultiple counts. It faces falling EV demand, a Cybertruck recall, employee layoffs, and price cuts.\n6. Equifax Inc.(NYSE:EFX) stock decreased 13.54%. The company reported worse-than-expected first-quarter sales results and issued adjustedguidance below estimates on Wednesday.\n7. Bruker Corp(NASDAQ:BRKR) has had a tough week, losing 11.90% in value after announcing NanoString Technologies’s acquisitionfor $392.6 million in cash.\n8. Live Nation Entertainment, Inc.(NYSE:LYV) was down 11.76%. The company’s shares took a hit following a report indicating the Justice Department will file an antitrustlawsuit against the company.\n9. Arista Networks Inc.(NYSE:ANET) fell 10.69% last week. Recently, a Rosenblatt analystdouble-downgraded the stock to “Sell”with a $210 price target.\n10. J.B. Hunt Transport Services, Inc.(NASDAQ:JBHT) fell 10.47% as its first-quarter FY24 earnings missed consensus estimates due to lower segmentgross revenue and fewer loads. Several analysts loweredprice targets on the stockfollowing the earnings miss.\n11. Albemarle Corp(NYSE:ALB) stock shed 9% in value last week due to lithium price volatility.\nSee Also:Tracking Last Week’s Top Performers: Are These 7 Large-Cap Stocks In Your Portfolio?\nPhoto: Shutterstock\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLast Week\'s Worst-Performing Stocks: Are These 11 Large-Cap Stocks In Your Portfolio? (April 14-20, 2024)originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "Bitcoin (BTC)has successfully completed its fourth halving event, reducing mining rewards to 3.125 BTC per block from the previous 6.25 BTC. This event, which occurs approximately every four years, marks a significant milestone in the Bitcoin community, as it manages scarcity and regulates the inflationary supply of the cryptocurrency. The crypto community eagerly awaits the impact of the halving on Bitcoin's price, with some predictions reaching as high as $250,000.\nBTC currently stands at $65,926, with prices remaining relatively flat since the Halving event. The previous three halvings occurred in 2012, 2016, and 2020, resulting in significant reductions in mining rewards over time. The purpose of the halving is to slow down the creation of new Bitcoin and manage its scarcity. By reducing mining rewards, the rate at which new Bitcoin is generated is effectively slowed. This process will continue until around 2140 when all the Bitcoins are expected to be mined.\nMajor Bitcoin miners have prepared for the halving event, with Marathon Digital acquiring a 200-megawatt Bitcoin mining facility in Texas for $87.3 million. In addition, competitor Bitcoin mining firm Riot Platforms purchased 66,560 mining rigs in one of the largest expansions of hash rate in the company's history.\nMeanwhile, a surge in transaction fees on the Bitcoin network was attributed to the frenzy surrounding the Runes Protocol, a new method for creating tokens on the Bitcoin network. Users are spending a substantial amount in fees for the opportunity to inscribe rare satoshis on the halving block. A total of 37.7 BTC, valued at over $2.4 million, was spent on fees to secure limited space on the fourth-ever Bitcoin halving block.", "Bitcoin (BTC)has successfully completed its fourth halving event, reducing mining rewards to 3.125 BTC per block from the previous 6.25 BTC. This event, which occurs approximately every four years, marks a significant milestone in the Bitcoin community, as it manages scarcity and regulates the inflationary supply of the cryptocurrency. The crypto community eagerly awaits the impact of the halving on Bitcoin's price, with some predictions reaching as high as $250,000.\nBTC currently stands at $65,926, with prices remaining relatively flat since the Halving event. The previous three halvings occurred in 2012, 2016, and 2020, resulting in significant reductions in mining rewards over time. The purpose of the halving is to slow down the creation of new Bitcoin and manage its scarcity. By reducing mining rewards, the rate at which new Bitcoin is generated is effectively slowed. This process will continue until around 2140 when all the Bitcoins are expected to be mined.\nMajor Bitcoin miners have prepared for the halving event, with Marathon Digital acquiring a 200-megawatt Bitcoin mining facility in Texas for $87.3 million. In addition, competitor Bitcoin mining firm Riot Platforms purchased 66,560 mining rigs in one of the largest expansions of hash rate in the company's history.\nMeanwhile, a surge in transaction fees on the Bitcoin network was attributed to the frenzy surrounding the Runes Protocol, a new method for creating tokens on the Bitcoin network. Users are spending a substantial amount in fees for the opportunity to inscribe rare satoshis on the halving block. A total of 37.7 BTC, valued at over $2.4 million, was spent on fees to secure limited space on the fourth-ever Bitcoin halving block.", "Bitcoin (BTC)transaction fees have experienced a significant drop just one day after reaching an all-time average high of $128 on April 20, coinciding with the fourth Bitcoin halving. As of April 21, the average fees for medium-priority Bitcoin transactions havefallento $10. The previous day saw Bitcoin accumulate $78.3 million in total fees, surpassing Ethereum by over 24 times. The Bitcoin halving block at height 840,000, which featured a remarkable 37.7 Bitcoin ($2.4 million) paid to Bitcoin miner ViaBTC.\nThe high demand at block 840,000 was driven by memecoin and non-fungible token (NFT) enthusiasts vying to inscribe and etch rare satoshis using the newly launched Runes protocol, a token standard introduced at the halving block. The block contained a total of 3,050 transactions, resulting in an average user fee of just under $800.\nWhile the elevated block fees persisted until approximately block 840,200, they have since dropped to around 1-2 Bitcoin, as reported by mempool.space. This decline occurred concurrently with the average block fee falling below the reduced block subsidy of 3.125 Bitcoin following the halving event, which reduced the subsidy from 6.25 Bitcoin.\nInterestingly, Bitcoin transaction fees have surpassed those of Ethereum for six consecutive days between April 15 and 20, with the 7-day fee average now standing at $17.8 million. Despite the surge in transaction fees and the hype around the Runes halving event, Bitcoin's price has remained relatively stable, gaining 1.16% over the past 24 hours to trade at $65,926, according to CoinMarketCap’s data.", "Bitcoin (BTC)transaction fees have experienced a significant drop just one day after reaching an all-time average high of $128 on April 20, coinciding with the fourth Bitcoin halving. As of April 21, the average fees for medium-priority Bitcoin transactions havefallento $10. The previous day saw Bitcoin accumulate $78.3 million in total fees, surpassing Ethereum by over 24 times. The Bitcoin halving block at height 840,000, which featured a remarkable 37.7 Bitcoin ($2.4 million) paid to Bitcoin miner ViaBTC.\nThe high demand at block 840,000 was driven by memecoin and non-fungible token (NFT) enthusiasts vying to inscribe and etch rare satoshis using the newly launched Runes protocol, a token standard introduced at the halving block. The block contained a total of 3,050 transactions, resulting in an average user fee of just under $800.\nWhile the elevated block fees persisted until approximately block 840,200, they have since dropped to around 1-2 Bitcoin, as reported by mempool.space. This decline occurred concurrently with the average block fee falling below the reduced block subsidy of 3.125 Bitcoin following the halving event, which reduced the subsidy from 6.25 Bitcoin.\nInterestingly, Bitcoin transaction fees have surpassed those of Ethereum for six consecutive days between April 15 and 20, with the 7-day fee average now standing at $17.8 million. Despite the surge in transaction fees and the hype around the Runes halving event, Bitcoin's price has remained relatively stable, gaining 1.16% over the past 24 hours to trade at $65,926, according to CoinMarketCap’s data.", 'The emergence ofspot Bitcoin exchange-traded funds (ETFs)has opened up a new avenue for investors to enter the cryptocurrency market without the complexities of managing crypto wallets and navigating exchanges. With a selection of 11 ETFs now trading, investors can easily putBitcoin(CRYPTO: BTC)into their portfolios through their regular brokerages.\nDespite my longstanding belief that the best way to invest in Bitcoin is by straightforwardly purchasing the actual cryptocurrency, I recently found myself buying shares of one of these new Bitcoin ETFs. While holding Bitcoin directly allows for personal custody and round-the-clock trading, there are compelling reasons for some investors to consider one of these ETFs.\nI am not a full-time analyst and writer. While I spend an inordinate amount of time crunching numbers, reading white papers, and analyzing market trends to provide readers with insightful guidance, I have a full-time job that is not associated with The Motley Fool. Fortunately for me, my full-time employer sponsors a tax-advantaged retirement account, and offers a contribution-matching program.\nOver the years, I had been wanting to access my growing retirement nest egg and allocate some of it to Bitcoin, which I believe to be the premiere asset. However, to do so, I would have incurred penalties and fines for withdrawing my retirement contributions early. Not to mention, my employer only allows access to those funds once a person is no longer employed by them. So that was off the table.\nNow, you might be thinking, "Well, RJ, you could just reduce your contributions to that retirement account, take the difference, and use it to buy Bitcoin." While that\'s true, the strategy has one flaw -- reducing my contributions would cost me the matching contributions my employer offers, which are basically free money.\nAfter spot Bitcoin ETFs debuted in January, I began to think about this more and more. I figured there had to be a way I could tap into this opportunity and give my retirement account that long-sought-after Bitcoin exposure.\nTurns out I could, but it was a slightly complicated process. The company sponsoring the retirement accounts didn\'t provide access to any of the new Bitcoin ETFs. The only options were some mutual funds that are balanced based on your risk tolerance and projected retirement date. Yet another roadblock.\nAfter several phone calls and emails with my employer\'s retirement account sponsor, I finally got the answer I was looking for. In order to gain access to the spot Bitcoin ETFs, I had to open a Personal Choice Retirement Account or PCRA.\nThis account had to be set up with a separatebrokerage, and I would have to transfer funds from my retirement account into the PCRA. After doing so, however, I could buy whatever ETFs, stocks, or mutual funds I wanted. But as you know, I had my eye on a Bitcoin ETF.\nFinally, after all that work, I could invest in Bitcoin under the umbrella of my tax-advantaged employer-sponsored retirement account. But there are 11 spot Bitcoin ETFs all doing more or less the same thing. Which one should I choose?\nAfter some more research, I eventually settled on theiShares Bitcoin Trust(NASDAQ: IBIT). It is currently the most liquid of the 11, with more than $17 billion in assets under management. This is a key statistic for this type of fund, as higher liquidity allows the ETF to track Bitcoin\'s price more effectively. In addition, it is managed byBlackRock(NYSE: BLK), one of the most reputable names in the financial industry.\nAlthough I considered other candidates such as Bitwise\'sBitcoin ETF(NYSEMKT: BITB)or VanEck\'sBitcoin Trust(NYSEMKT: HODL)since they are contributing to funding Bitcoin developers, I felt that BlackRock\'s experience and reputation, as well as the volume of assets under management in the fund, made it the right choice.\nFor those in a similar situation to mine, who have been unable to buy a Bitcoin ETF through your retirement because they aren\'t among the options offered, pick up the phone to your company\'s account sponsor and ask to open a PCRA. It might take time sitting on hold or sending a few emails, but in the end, you will be able to gain exposure to the best-performing asset of the 21st century. And if your employer also offers matching contributions, then all the better -- you\'ll have some free Bitcoin coming your way.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere\'s Why I Finally Decided to Buy a Bitcoin ETFwas originally published by The Motley Fool', 'The emergence ofspot Bitcoin exchange-traded funds (ETFs)has opened up a new avenue for investors to enter the cryptocurrency market without the complexities of managing crypto wallets and navigating exchanges. With a selection of 11 ETFs now trading, investors can easily putBitcoin(CRYPTO: BTC)into their portfolios through their regular brokerages.\nDespite my longstanding belief that the best way to invest in Bitcoin is by straightforwardly purchasing the actual cryptocurrency, I recently found myself buying shares of one of these new Bitcoin ETFs. While holding Bitcoin directly allows for personal custody and round-the-clock trading, there are compelling reasons for some investors to consider one of these ETFs.\nI am not a full-time analyst and writer. While I spend an inordinate amount of time crunching numbers, reading white papers, and analyzing market trends to provide readers with insightful guidance, I have a full-time job that is not associated with The Motley Fool. Fortunately for me, my full-time employer sponsors a tax-advantaged retirement account, and offers a contribution-matching program.\nOver the years, I had been wanting to access my growing retirement nest egg and allocate some of it to Bitcoin, which I believe to be the premiere asset. However, to do so, I would have incurred penalties and fines for withdrawing my retirement contributions early. Not to mention, my employer only allows access to those funds once a person is no longer employed by them. So that was off the table.\nNow, you might be thinking, "Well, RJ, you could just reduce your contributions to that retirement account, take the difference, and use it to buy Bitcoin." While that\'s true, the strategy has one flaw -- reducing my contributions would cost me the matching contributions my employer offers, which are basically free money.\nAfter spot Bitcoin ETFs debuted in January, I began to think about this more and more. I figured there had to be a way I could tap into this opportunity and give my retirement account that long-sought-after Bitcoin exposure.\nTurns out I could, but it was a slightly complicated process. The company sponsoring the retirement accounts didn\'t provide access to any of the new Bitcoin ETFs. The only options were some mutual funds that are balanced based on your risk tolerance and projected retirement date. Yet another roadblock.\nAfter several phone calls and emails with my employer\'s retirement account sponsor, I finally got the answer I was looking for. In order to gain access to the spot Bitcoin ETFs, I had to open a Personal Choice Retirement Account or PCRA.\nThis account had to be set up with a separatebrokerage, and I would have to transfer funds from my retirement account into the PCRA. After doing so, however, I could buy whatever ETFs, stocks, or mutual funds I wanted. But as you know, I had my eye on a Bitcoin ETF.\nFinally, after all that work, I could invest in Bitcoin under the umbrella of my tax-advantaged employer-sponsored retirement account. But there are 11 spot Bitcoin ETFs all doing more or less the same thing. Which one should I choose?\nAfter some more research, I eventually settled on theiShares Bitcoin Trust(NASDAQ: IBIT). It is currently the most liquid of the 11, with more than $17 billion in assets under management. This is a key statistic for this type of fund, as higher liquidity allows the ETF to track Bitcoin\'s price more effectively. In addition, it is managed byBlackRock(NYSE: BLK), one of the most reputable names in the financial industry.\nAlthough I considered other candidates such as Bitwise\'sBitcoin ETF(NYSEMKT: BITB)or VanEck\'sBitcoin Trust(NYSEMKT: HODL)since they are contributing to funding Bitcoin developers, I felt that BlackRock\'s experience and reputation, as well as the volume of assets under management in the fund, made it the right choice.\nFor those in a similar situation to mine, who have been unable to buy a Bitcoin ETF through your retirement because they aren\'t among the options offered, pick up the phone to your company\'s account sponsor and ask to open a PCRA. It might take time sitting on hold or sending a few emails, but in the end, you will be able to gain exposure to the best-performing asset of the 21st century. And if your employer also offers matching contributions, then all the better -- you\'ll have some free Bitcoin coming your way.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere\'s Why I Finally Decided to Buy a Bitcoin ETFwas originally published by The Motley Fool', '• Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said.\n• The average bitcoin production cost post-halving is about $53,000.\n• Some miners are actively managing financial liabilities and are using excess cash to pay down debt, the report said.\nCrypto miners may shift towards artificial intelligence (AI) in energy-secure locations following the bitcoin {{BTC}} halving due to the potential for higher revenue, CoinShares (CS) said in a report on Friday.\nThequadrennial halving, which slows the rate of growth in bitcoin supply by 50%, occurred on Friday evening.\nCoinshares notes that mining companies like BitDigital (BTBT), Hive (HIVE) and Hut 8 (HUT) are already generating income from AI. At the same time, TeraWulf (WULF) and Core Scientific (CORZ) have existing AI operations or plans to grow in the space.\n“This trend suggests that bitcoin mining may increasingly move to stranded energy sites while investment in AI grows at more stable locations, authors led by James Butterfill wrote.\nThe miners will be faced with substantial cost increases as a result of the halving, with electricity and overall production costs almost doubling, the report said. Mining companies can try to mitigate these higher costs by optimizing energy costs, increasing mining efficiency and buying better-priced hardware.\n“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.\nThe hashrate could rise to 700 exahash by 2025, according to the asset manager’s forecasts, but may drop by 10% after the halving as miners turn off unprofitable machines. Hash prices are expected to fall after the event to $53/ph/day.\nHashraterefers to the total combined computational power that is used to mine and process transactions on aproof-of-workblockchain.\nCoinShares notes that the miners are actively managing financial liabilities, and some are using excess cash to pay down debt.\nRead more:Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark', '• Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said.\n• The average bitcoin production cost post-halving is about $53,000.\n• Some miners are actively managing financial liabilities and are using excess cash to pay down debt, the report said.\nCrypto miners may shift towards artificial intelligence (AI) in energy-secure locations following the bitcoin {{BTC}} halving due to the potential for higher revenue, CoinShares (CS) said in a report on Friday.\nThequadrennial halving, which slows the rate of growth in bitcoin supply by 50%, occurred on Friday evening.\nCoinshares notes that mining companies like BitDigital (BTBT), Hive (HIVE) and Hut 8 (HUT) are already generating income from AI. At the same time, TeraWulf (WULF) and Core Scientific (CORZ) have existing AI operations or plans to grow in the space.\n“This trend suggests that bitcoin mining may increasingly move to stranded energy sites while investment in AI grows at more stable locations, authors led by James Butterfill wrote.\nThe miners will be faced with substantial cost increases as a result of the halving, with electricity and overall production costs almost doubling, the report said. Mining companies can try to mitigate these higher costs by optimizing energy costs, increasing mining efficiency and buying better-priced hardware.\n“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.\nThe hashrate could rise to 700 exahash by 2025, according to the asset manager’s forecasts, but may drop by 10% after the halving as miners turn off unprofitable machines. Hash prices are expected to fall after the event to $53/ph/day.\nHashraterefers to the total combined computational power that is used to mine and process transactions on aproof-of-workblockchain.\nCoinShares notes that the miners are actively managing financial liabilities, and some are using excess cash to pay down debt.\nRead more:Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark', 'There are thousands of cryptocurrencies on the market, making the investing decision process extremely difficult. Yet there is a simple and straightforward solution to ensure your portfolio grows -- buyBitcoin(CRYPTO: BTC).\nInvesting in Bitcoin can be seen as boring or as limiting possible gains. Investors often invest in obscure or less proven cryptocurrencies in hopes that they have found the next Bitcoin. However, to believe that Bitcoin doesn\'t still have immense long-term potential is a gross mistake.\nThe approval of spot Bitcoin exchange-traded funds (ETFs) in January not only marked another milestone for the cryptocurrency but also opened the doors for a new set of buyers. Previously confined to traditional assets like stocks, bonds, and mutual funds, the $100 trillion wealth management industry now has direct access to Bitcoin. With managers at pension funds, retirement accounts, and endowments seeking Bitcoin exposure, analysts anticipate that this development will prompt an influx of capital from wealth managers into the Bitcoin market.\nVarious simulations and studies have been conducted to determine just how much capital that could be, with many suggesting about a 2% allocation as a safe bet. Although this percentage may seem modest, if 2% of the $100 trillion wealth management industry were to make its way to Bitcoin, it could nearly double the cryptocurrency\'s price.\nFurthermore, a 2% allocation may be conservative and some analysts expect 5% to be considered reasonable. At 5%, Bitcoin\'s price would reach more than $300,000.\nSome have more aggressive predictions, such as Ark Invest Chief Executive Officer Cathie Wood. Conducting its own study, her firm concluded that a 19% Bitcoin allocation from the wealth management industry shouldn\'t be ruled out. At a 19% allocation, Bitcoin\'s price could soar well past $2 million.\nAs impressive as the numbers are when it comes to estimating the adoption of Bitcoin by wealth managers, these are just estimates and obviously may turn out to be wrong. However, the beauty of Bitcoin is that in some regards, it behaves more like a natural system than a financial asset, and that can provide novel insights about what its future might hold.\nGiovani Santostasi, a physicist turned Bitcoin analyst, noticed this phenomenon when applying the mathematical concept known as a power law to the cryptocurrency. Assuming that Bitcoin possesses similar characteristics to natural and social systems, this theory describes how one value grows exponentially in relation to another. Bitcoin\'s behavior, driven by network dynamics rather than typical asset patterns, aligns with this principle.\nThis theory outlines how Bitcoin\'s adoption, price, and network security interact in a continuous loop akin to the feedback loops found in ecosystems or social media platforms. Rising adoption leads to increased security, attracting more users and fostering further adoption -- a cycle that repeats indefinitely.\nWith Bitcoin following a semipredictable growth rate, Sanostasi developed a model to project its future price. Since he introduced it, in 2018, it has been remarkably reliable. Most importantly, though, his model suggests Bitcoin\'s price will be no lower than $1.6 million and as much as $10 million by 2040.\nThe old adage, "No model is perfect, but some are useful," might be applicable here. None of this should be taken as gospel, but they do suggest that Bitcoin still has plenty of potential. With its proven track record of reliability, market dominance, and influence on other digital assets, Bitcoin remains the ultimate cryptocurrency to invest in today. See you in 2040.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe UItimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool', "Coinbase’s stock has proven just as volatile asthe cryptocurrencies it stores for investors.\nIn fact, crypto investors often use the acronymHODL— hold on for dear life — when talking about riding out the steep plunges that punctuate the crypto market roller coaster.\nWhen Coinbase held its initial public offering (IPO) on April 14, 2021, the market cheered it with much fanfare. The mood was euphoric. Many investors saw it as crypto’s coming-of-age moment, with a major exchange going public.\nSo how would a $1,000 investment in COIN have performed in the three years since?\nAlso see how much a$1,000 investment today in Bitcoin would be worth in six years.\nCheck Out:I’m a Self-Made Millionaire: 5 Stocks You Shouldn’t SellSee Next:5 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nCoinbase set a reference price of$250entering the IPO, but the stock opened far higher at $381. That first day, it peaked at $429.54 before plummeting back down to close at $328.28.\nAs of this writing, COIN trades at$218.08. That marks a 42.76% drop from its opening price and a 33.57% drop from its closing price.\nIf you’d bought $1,000 of COIN stock at the opening bell, that would leave you 2.62 shares. Today those shares are worth $572.39.\nCoinbase does not pay a dividend.\nTry This:10 Valuable Stocks That Could Be the Next Apple or Amazon\nHow has the stock market as a whole performed since April 2021?\nAn index fund tracking the S&P 500, SPY, closed April 14, 2021 at $411.45. At the time of this publication, it’s trading at$499.52. It gained 21.40% over roughly three years, around a 7.1% average annual growth rate.\nAdding insult to injury for Coinbase investors, the S&P 500 pays a dividend. The dividend yield for SPY has hovered between 1.24% to 1.64%. That puts the total average annual return for SPY around 8.5% in the three years since Coinbase’s IPO.\nCryptocurrencies saw such a miserable 2021 and 2022 that investors referred to it as “crypto winter.” Note the implied optimism among HODL-ers: winters always end sooner or later.\nOn the day of Coinbase’s IPO, Bitcoin hit a daily high of nearly$69,000. By November 2022, it had collapsed to$15,788.\nBut in the 18 months since then, Bitcoin and other cryptocurrencies have not just thawed but thrived. As of the date of this publication, Bitcoin is trading at around $65,235. Other major coins like Ether have seen similar surges.\nWith the SEC allowing cryptocurrencies to “go mainstream” with ETFs, many investors believe the worst of the regulatory risk has passed. As for where cryptocurrencies — and exchanges like Coinbase — will go from here though is anyone’s guess.\nMore From GOBankingRates\n• The Single Best Thing To Buy at Costco in April 2024\n• 10 Cars That Outlast the Average Vehicle\n• This is One of the Best Ways to Boost Your Retirement Savings in 2024\n• 7 Things You'll Be Happy You Downgraded in Retirement\nThis article originally appeared onGOBankingRates.com:Here’s How Much a $1K Investment in Coinbase Stock in 2021 Would Be Worth Today", 'Editor’s Note:A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free,here.\nThe quadrennial “halving” has happened.\nThe long-awaited halving took place on Friday. While that may sound like some kind of pagan ritual or horror movie title, it’s actually a pretty mechanical operation that’s hardcoded in the design of bitcoin.\nPut simply, the halving is an automatic 50% reduction in the number of bitcoin entering circulation. That should, in theory, push the value of the cryptocurrency higher while keeping its inflation in check.\nThe halving is the World Cup for crypto believers. It happens every four years, and emotions run high.\n“Guessing the endgame for Bitcoin after each halving is the ultimate sport,” said Antoni Trenchev, co-founder of crypto lender Nexo, in a statement. “If the previous halvings are anything to go by, it should take no longer than eight months for Bitcoin’s price to double in value.”\nThat is a decidedly bullish view, but not an uncommon one among the bitcoin faithful.\nThe price of the cryptocurrency rose to roughly $66,192 on Monday morning, though still far below its all-time highs.\nBitcoin, the world’s first and biggest digital currency,hit a record highof $73,750 in March, fueled partly by investors geeking out over the halving, and partly by the United States’ regulatory approval of several bitcoin-based exchange-traded funds, or ETFs.\nThose financial instruments have given mainstream investors an on-ramp to gain exposure to bitcoin’s movements without some of the risks of actually owning the digital currency, and resulted in billions of dollars rushing into bitcoin, which is up 40% this year.\n“Every halving has historically resulted in some sort of bullish price action,” said Gareth Rhodes, managing director at research and advisory firm Pacific Street, in an interviewearlier this year. “Which makes sense, because you expect with more supply constraints that prices increase.”\nIn 2020, bitcoin miners’ “reward” went from 12.5 bitcoin to 6.25. Now, it will go from 6.25 down to 3.125. Miners are essentially auditors on the bitcoin blockchain, using powerful supercomputers to validate transactions and getting paid for their work in bitcoin.\nOf course, there are plenty of crypto skeptics warning that digital assets have yet to prove their use case in the real world and are, at best, highly risky investments.\n“It’s not clear to what degree the past price movements werecausedby the halving, versus simplycorrelatedwith it,” noted Molly White, a software engineer and prominent crypto critic, in her newsletterCitation Needed. “Notably, the previous halving in May 2020 coincided with massive macroeconomic changes in the early months of the Covid-19 pandemic, which brought money flowing into riskier asset classes across the board, and also brought a wave of bored pandemic-driven day traders into crypto.”\nEchoing that word of caution, Villanova University finance professor John Sedunov wrote that there’s no guarantee bitcoin’s past performance would repeat itself, “especially in light of the macro environment and potentially rising costs of mining.”\nBy design, there will never be more than 21 million bitcoin. That creates a scarcity that proponents say creates value. Skeptics tend to argue that such manufactured scarcity doesn’t create any real underlying value. (Perhaps the most prominent in that camp is Jamie Dimon, the head of JPMorgan Chase, who haslong derided bitcoinas a worthless investment.)\nWhile long-term sentiments on bitcoin are bullish among the crypto faithful, the psychology around an event like the halving is hard to predict and can create volatility that’s extreme even by crypto standards.\nGreg Beard, CEO of Stronghold Digital Mining, said in a statement ahead of the halving that while there’s been some exaggerated enthusiasm around the event, the latest bitcoin rallies are “much more than a fad.”\n“Bitcoin is maturing with institutional adoption,” Beard said. “It wouldn’t be surprising to see the price of bitcoin increase significantly over the next two years.”\nFor more CNN news and newsletters create an account atCNN.com', 'Bitcoin blockchain’s Runes token launch led to a record US$107 million in miner revenue on the day of the fourth Bitcoin halving.\nThe Runes protocol, enabling the creation of fungible tokens, significantly boosted miners’ earnings despite a 50% reduction in block rewards.\nOn April 20, coinciding with Bitcoin’s fourth halving, the Runes token standard was introduced, causing transaction fees to skyrocket to an unprecedented average of US$128, with daily fees totaling $80 million, data from IntoTheBlock shows.\nHowever, the heightened transaction fees were not sustained.\nBy the following day, fees fell to around US$34. This average fee value is still higher than the US$18 recorded on the day before the halving.\nThe Runes protocol’s launch, which coincided with the halving block, drew significant interest from the cryptocurrency community, particularly among memecoin and nonfungible token (NFT) enthusiasts.\nThis demand for block space led to some of the most lucrative blocks in Bitcoin’s history, with the first halving block alone amassing US$2.6 million in fees and rewards, asnotedby community members on social media.\nDespite the surge in miner revenue and fees, the number of new Bitcoin addresses did not increase, indicating that the activity was primarily driven by existing cryptocurrency users rather than new investors, Lucas Outumuro, head of research at IntoTheBlocksaidon X.', 'Bitcoin blockchain’s Runes token launch led to a record US$107 million in miner revenue on the day of the fourth Bitcoin halving.\nThe Runes protocol, enabling the creation of fungible tokens, significantly boosted miners’ earnings despite a 50% reduction in block rewards.\nOn April 20, coinciding with Bitcoin’s fourth halving, the Runes token standard was introduced, causing transaction fees to skyrocket to an unprecedented average of US$128, with daily fees totaling $80 million, data from IntoTheBlock shows.\nHowever, the heightened transaction fees were not sustained.\nBy the following day, fees fell to around US$34. This average fee value is still higher than the US$18 recorded on the day before the halving.\nThe Runes protocol’s launch, which coincided with the halving block, drew significant interest from the cryptocurrency community, particularly among memecoin and nonfungible token (NFT) enthusiasts.\nThis demand for block space led to some of the most lucrative blocks in Bitcoin’s history, with the first halving block alone amassing US$2.6 million in fees and rewards, asnotedby community members on social media.\nDespite the surge in miner revenue and fees, the number of new Bitcoin addresses did not increase, indicating that the activity was primarily driven by existing cryptocurrency users rather than new investors, Lucas Outumuro, head of research at IntoTheBlocksaidon X.', '• Bitcoin is still on track to more than double its price by the end of the year, Standard Chartered predicted.\n• The firm\'s head of digital assets research pointed to a bullish backdrop for the crypto token.\n• The crypto could notch $150,000 by the end of 2024, he told BNN Bloomberg.\nBitcoin\'s price could still more than double this year, thanks to a bullish setup for the crypto coin that could reignite its rally, according to Geoff Kendrick, the head of digital assets research at Standard Chartered.\nSpeaking toBNN Bloomberglast week, Kendrick reiterated his firm\'s price target of $150, Last 60 Days of Bitcoin's Closing Prices:* [51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-22 Financial & Commodity Data: - Gold Closing Price: $2332.20 - Crude Oil Closing Price: $82.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,304,746,732,669 - Hash Rate: 652748580.6769805 - Transaction Count: 671771.0 - Unique Addresses: 534717.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock(NYSE: BLK)Q1 2024 Earnings CallApr 12, 2024,7:30 a.m. ET • Prepared Remarks • Questions and Answers • Call Participants Operator Good morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. first-quarter 2024 earnings teleconference. Our host for today's call will be the chairman and chief executive officer, Laurence D. Fink; chief financial officer, Martin S. Small; president, Robert S. Kapito; and general counsel, Christopher J. Meade. [Operator instructions] Thank you. Mr. Meade, you may begin your conference. Chris Meade--General Counsel Thank you. Good morning, everyone. I'm Chris Meade, the general counsel of BlackRock. Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements. As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today. BlackRock assumes no duty and does not undertake to update any forward-looking statements. So with that, I'll turn it over to Martin. Before you buy stock in BlackRock, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $555,209!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 8, 2024 Martin Small--Chief Financial Officer Thanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024. Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results. BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions, and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology, spanning client channels and geographies. Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios, and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders. First-quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year over year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter. As equity markets powered to record highs in the first quarter, investors who are waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions. In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. First quarter revenue of $4.7 billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue. Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income. Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Investec. Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation. First-quarter base fees and securities lending revenue of $3.8 billion was up 8% year over year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 3/10 of a basis points lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower fee U.S. equity markets, client preferences for lower fee U.S. exposures, and lower securities lending revenue. Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives. Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings. Annual contract value or ACV increased 9% year over year. Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense, and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth was previously reported within general and administration expense. We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale. Total expense increased 8% year over year, reflecting higher compensation, G&A and sales asset and account expense. Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees. G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A. Sales asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense. Direct fund expense was up 7% year over year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter. Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. In line with our guidance in January, and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our headcount to be broadly flat in 2024, and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense. Our capital management strategy remains consistent. We invest first, either the scale strategic growth initiatives or drive operational efficiency and then return excess cash to our shareholders through a combination of dividends and share repurchases. At times, we may make inorganic investments where we see an opportunity to accelerate organic growth and support our strategic initiatives. Last month, we announced our agreement to acquire the remaining equity interest in Spyder Rock Advisors, a leading provider of customized option overlay strategies in the U.S. wealth market. This transaction expands on BlackRock's minority investment in Spyder Rock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF mod portfolios. At present, we expect the transaction to close in the second quarter of this year, subject to customary closing conditions. In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP. Our offering consisted of three tranches of senior unsecured notes across five, 10, and 30 year maturities. The offering was well received by fixed-income investors, especially our inaugural 30-year bond. We currently have invested the proceeds of the offering at substantially the same rate as the cost of borrowing, effectively eliminating incremental cost of carrying additional debt prior to the close of the GIP transaction. We continue to target the third quarter of 2024 for the closing of the GIP transaction, which remains subject to regulatory approvals and other customary closing conditions. We repurchased $375 million worth of common shares in the first quarter. At present, based on our capital spending plans for the year and subject to market conditions, we still anticipate repurchasing at least $375 million of shares per quarter for the balance of the year, consistent with our January guidance. More positive sentiment from clients and in markets persisted into the first quarter. Clients increasingly turn to BlackRock to reposition and redeploy across their portfolios. First quarter long-term net inflows of $76 billion were positive across active and index strategies as well as each of our client and product types. ETF net inflows of $67 billion were led by core equity and fixed-income ETFs with net inflows of $37 billion and $18 billion, respectively. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in Precision ETFs. As you'll hear from Larry, our Bitcoin ETF saw surging demand after launching in January, gathering $14 billion of net inflows in the quarter. This is just the latest example of BlackRock innovating to provide better access and transparency to a wider range of investment exposures. Retail net inflows of $7 billion were led by continued growth in Aperio as well as renewed demand for active fixed income. Financial advisors are increasingly looking to customize whole portfolios at scale, driving growth across our SMA and managed model platforms. Our partnership with Envestnet is one channel powering flows to model portfolios. We saw our best gross sales month ever on the platform and year-to-date organic asset and revenue growth has more than doubled compared to this time last year. Sales on the platform aren't just accelerating. They're diversifying. We similarly saw record gross flows in custom models and record AUM in our global allocation models, both of which have larger active components. Within SMAs, our previously mentioned acquisition of Spyder Rock Advisors will further enhance our product offerings and provide even greater personalization across our wealth segments. Institutional active net inflows of $15 billion were driven by our LifePath target date franchise and outsourcing mandates. We see significant momentum across our whole portfolio capabilities. Our pipeline remains strong as more and more clients turn to BlackRock for outsourcing solutions. Institutional index net outflows of $13 billion were concentrated in low fee index equities as several large clients rebalance their portfolios amid significant equity market appreciation in the last 6 months. Our private markets franchise saw $1 billion of net inflows. Continued demand for our liquid offerings was offset by alpha generation for our clients, reflected in over $3 billion of fund monetization and LP distributions or change in fee basis, primarily for more seasoned private equity solutions programs. Finally, BlackRock's cash management platform saw $19 billion of net outflows in the first quarter, in line with institutional money market industry trends. Our cash business can experience seasonal rotations in the first quarter as many institutional clients withdraw these liquid assets for operational purposes, including tax and bonus payments. Cash management flows were impacted by approximately $14 billion of net redemptions during the last week of March ahead of the Good Friday holiday. Outflows were driven by clients redeeming balances to have cash on hand during a time when many businesses are open, but the financial markets are closed. This phenomenon is not uncommon or unique to BlackRock. Balance has largely returned with approximately $20 billion of money market net inflows in the first week of April. BlackRock's differentiated business model has enabled us to continue to grow with our clients, driving industry-leading organic growth and margins. Looking ahead, as markets trend to be more supportive and clients rerisk, we see significant opportunity to expand our market share and consolidate our position to clients. We've set ourselves up to be a structural grower with the diversified platform that we've built. Enthusiasm is growing, momentum's building across the platform. All of us at BlackRock are excited about our future and the growing opportunities for BlackRock, for our clients, for our employees, and, of course, for our shareholders. With that, I'll turn it over to Larry. Larry Fink--Chairman and Chief Executive Officer Thank you, Martin. Good morning, everyone and thank you for joining the call. BlackRock is partnering with clients to navigate structural and secular changes in business models, technology, monetary and fiscal policies, always staying focused on each and every client goal. Through this connectivity, we are having richer conversations with clients than ever before about their whole portfolio and, in many cases, deepening our relationships with them. This is driving accelerating momentum with a strong pipeline that has some of the best breadth of opportunities across all our client channels and regions that we've ever seen. BlackRock's integrated investment technology advisory platform and durable performance are resonating. In my conversations with clients around the world, I'm hearing about how they want to put their money to work. But they want to do it differently than they did in the past. They want their portfolios to be more holistically blending public and private markets active in an index. They want their portfolios to be nimble, customized, text-enabled. They want to work with fewer providers or maybe just with one provider. BlackRock is the only asset manager that can partner in this way, having the most diverse, integrated investment and technology platform in the industry. Clients around the world are choosing to do more with BlackRock, and this is resonating in our results. But I'm actually more excited about the building momentum we're seeing across our entire platform. BlackRock's AUM ended the first quarter at a new record of nearly $10.5 trillion, up $1.4 trillion or 15% over the last 12 months. Also, at that time, BlackRock has entrusted BlackRock of more than $236 billion of net new assets. BlackRock generated positive net flows across active and index and across all client types. And we grew our technology service revenues and ACV as clients leverage Aladdin to support investments, processes, and in their entire platform. We've had a number of real large marquee wins in Aladdin and are working on a number of significant new opportunities. Momentum remains strong as we grow with new and existing clients. We continue to deliver sustained asset and technology services growth at scale. BlackRock's operating income was up 17% year over year, and we increased our margin by 180 basis points. Earnings per share were up 24%. Activity is notably accelerating. As Martin said, we generated $76 billion of long-term net flows in the first quarter, which represents nearly 40% of last year's long-term flows in just the first three months of this year. And long-term net inflows across retail and ETFs and institutional active was actually $100 billion, which excludes the episodic institutional equity activity Martin mentioned. Some of these are public, some aren't, but over the last few months, we've been chosen for a breadth of mandate, both wealth and institutional clients across regions that will fund over future quarters and we're in active conversations on a number of unique broad-based opportunities, including several large mandates for Aladdin. There is still a record amount of cash on the sidelines and money market fund balances are now approaching $9 trillion. I think this stems from fear and uncertainty, but it's hard to achieve retirement or long-dated objectives by holding cash. Clients worldwide are coming to BlackRock for advice on where and how to deploy their capital, and in many ways, how to help them reduce that fear and putting that money to work. Being a growth company requires continued innovation, lots of investments, and intense client focus. BlackRock has invested ahead of these themes, we believe will define the next decade of asset management. I see the greatest opportunities I've ever seen for BlackRock for our clients and for our shareholders, and I'm very optimistic about the momentum into the rest of 2024 and beyond. The uncertain backdrop does not mean a lack of opportunities. Instead, we see great opportunities for investors across a number of structural trends with near-term catalysts. These include rapid advancements in technology and AI, the rewiring of globalization, accelerated economic growth in certain emerging markets, and an unprecedented need for new infrastructure. BlackRock is connecting with clients to these opportunities and providing them the confidence to continually investing in the long run. In a world where clients are looking for more certainty, the higher coupon, longer duration returns of infrastructure private markets are increasingly becoming more attractive. Demand for all -- for the infrastructure is surging around the world from telecom networks to power generation to transport hubs for data centers and new ways of securing energy. Over the last 12 months, BlackRock's infrastructure platform has delivered 19% organic asset growth. BlackRock's infrastructure franchise and our private markets business more broadly benefited from the firm's global footprint, our deep network of clients and distribution relationships, and access to high-quality deal flow. As we spoke in January, we believe the planned combination of BlackRock's infrastructure platform with GIP will provide clients with access to market-leading investments and operating expertise across infrastructure private markets. We have a deep conviction that this planned combination will be another transformational moment for BlackRock. It will be another example in our long-term history of staying ahead of client needs, positioning ourselves against accelerated macro trends. I believe this structured private markets are approaching the upward trajectory of their J curve just as ETF did when we announced our acquisition of BGI and iShares nearly 15 years ago. We always viewed ETF as a technology that facilitated investing. Since our acquisition of iShares, BlackRock has led in expanding the market of ETFs by making them more accessible by delivering new asset classes like bonds, investment strategies like actives. As a result of that success, the ETFs evolved beyond what started as an indexing concept. It is recognized as an efficient structure for a range of all investment solutions. First-quarter ETF net inflows of $67 billion reflected sustained demand across our client categories, led by core equity and body ETFs -- flows demonstrated accelerating activity with March accounting for more than half of the quarterly net inflows. And our flows in the month were 80% higher than the next largest issuer. We continue to innovate across our ETF platform to give our clients better access to the most diverse range of exposures in the industry. Our Bitcoin fund, which was launched in January, was the fastest-growing ETF in history, and already has nearly $20 billion in AUM. Our active ETF drove $9 billion of net inflows in the first quarter led by our equity factor rotation and flexible income ETFs. These products offer alpha generation with some of our leading investors at BlackRock in a more efficient, more transparent ETF wrapper. Across BlackRock, we continue to scale our product offerings to democratize access to new strategies, increase transparency, and drive cost efficiency. To that end, last month, we announced the launch of our first tokenize fund as well as our minority investment in Securitized, a blockchain-based tokenization platform. This builds on our existing digital asset strategy. And we'll continue to innovate in new products and wrappers all with the aim of providing greater access and customization to each and every of our clients. We continue to see demand for customization with our own wealth business as financial advisors, and their clients they serve increasingly turn to SMAs to personalize their portfolios. We acquired Aperio three years ago in anticipation of this trend, and organic growth in that business has been over 20% since our acquisition. To further booster our SMA capabilities, we announced our planned acquisition of the remaining equity interest of Spyder Rock, as Martin discussed. Among wealth clients, we are also seeking the renewed demand for our high-performing active fixed-income strategies with particularly strength in high-yield and unconstrained bond funds. In the post-QE market, we see more opportunity ahead for active management with greater potential for selective risk taking to generate superior returns. Quarterly active net inflows of $15 billion reflects strength in systematic equity and fundamental fixed income, including the funding of several institutional outsourcing mandates. Across our active franchise, BlackRock has delivered durable investment performance with 82%, 90%, and 93% of our fundamental equity, systematic equity, and taxable fixed income AUM above benchmarks or peer medium for the last five years. Our active investment insights, our strong investment performance, our integrated Aladdin technology differentiates BlackRock and ultimately drives better outcomes for our clients. We first built Aladdin as a risk management enabler, empowering investors to better understand their portfolios through technology. Today, Aladdin is much more than that. Our clients are leveraging Aladdin as a whole enterprise operating system, connecting multiple asset classes, data, technology partners, and a single platform. Aladdin's integrated offering continues to resonate with the majority of our sales this quarter, spanning multiple Aladdin products. We are in the late-stage conversation with several large potential Aladdin clients, and we look forward to executing on more opportunities ahead to be bringing the benefits of Aladdin to new clients and by expanding relationships with our existing clients. From the early days of developing Aladdin to now managing nearly $10.5 trillion across our platform, our ambition has always been to help investors benefit from the growth of the capital markets and achieve financial futures that they seek. More than half of the assets we manage are related to retirement, making this an outcome central to many of our client conversations. BlackRock has been at the forefront of innovation and advocacy for retirement solutions for years. In fact, we pioneered the first target date fund called LifePath back in 1993, when we introduced the concept. It was a revolutionary, eliminating some of the guesswork retirement savings by automatically adjusting their investment mix over their time frame. Fast forward 30 years, target date funds have become the most common default investment option in defined contribution plans in the United States, where we're entrusted to manage the retirement assets of 35 million Americans. We continue to evolve LifePath to help deliver the retirement outcome participants need. That has meant introducing LifePath options in new countries and in new wrappers such as LifePath Target Date ETFs we launched last year. Our LifePath Target Date franchise now has nearly $470 billion in assets and has risen over $115 billion in assets just over the last five years. In addition to helping people save for retirement, we also work to expand the LifePath solution to help people spend throughout their increasingly longer retirement. Society focuses a tremendous amount on helping people live longer and healthier lives, but spend just a fraction of that time and effort on helping them afford those extra wonderful years. The shift from pension to defined contribution models have put the large as the large burden on individual savers. They have to first build up the retirement stage, which in and itself is a formidable challenge. Then even as they have this sizable savings at retirement, there's not much guidance about how to spend and or not -- and how not to overspend these savings. We've been working for years to address this de-accumulation challenge, and we believe this will help increase hope in America. In 2020, we announced the LifePath Paycheck, the next generation of targeted solutions. It will include an option to purchase a lifetime income stream from insurers selected by BlackRock and is expected to go live toward the end of the month. We are partnering on implementing LifePath Paycheck right now with 14 planned sponsors, representing over $25 billion in target date AUM and now have 0.5 million participants. We'll pair the flexibility of a 401(k) investment with a potential for a predictable paycheck life income stream similar to a pension. I believe it will be in one day, the most used investment strategy in defined contribution plans. This pioneering structure can help address global gaps in funding retirement security, improve the quality of life and retirement for millions of Americans and bring back hope for those who were retiring. It's been four years since the start of the pandemic and the subsequent geopolitical upheavals. Leaders of countries, leaders of companies need to create hope for the future for all of their stakeholders. That's certainly what we're doing at BlackRock. I've spoken before about the fear we see today, some is stoked by increasingly political polarization in the world. Our industry and BlackRock have been a subject of political dialogue mostly in the United States. We recognize some of this with being the industry leader. We have done a better job now of telling our story so that people can make decisions based on facts, not on lies and not on misinformation or politicization by others. Unfortunately, there are still others out there who put short-term politics, who continuously lie about these issues. They are putting those issues above the long-term fiduciary responsibilities. As a fiduciary, politics should never outweigh performance. I do believe that with the vast majority of our clients, our long-term fiduciary approach and performance are resonating. We heard it in our dialogue with them, and we see it in our flows, and I know all of you as shareholders see it in our flows. Over the last past five years, clients have entrusted BlackRock with an aggregate of $1.9 trillion of total net inflows, $1 trillion over the last three years and nearly $300 billion last year. It has been in the United States where client-led inflows in every one of these areas. It is true also in the first quarter of this year. This is in all is in the environment where the industry has experienced flat or negative flows, BlackRock saw inflows. Our sustained growth, our accelerating momentum are made possible by the trust of our clients and shareholders and the dedication of all the BlackRock people. Across our firm, we're delivering BlackRock to meet all our clients' individual needs, we're helping each and every client unlock their new opportunities and the power of BlackRock's integrated platform has enabled us to drive better outcomes for each and every client and providing them a differentiated growth for them, which then entails providing differentiating growth for you, our shareholders. I believe at this time, our momentum has never been stronger. The opportunity we have in front of us has never been stronger. And I look forward at BlackRock to be delivering on a significant broad base of opportunities across the world, across our platform, across all of our products, and delivering the responsible fiduciary responsibilities that we provide to each and every client. Operator, let's open it up for questions. Operator [Operator instructions] We'll go first to Craig Siegenthaler with Bank of America. Craig Siegenthaler--Bank of America Merrill Lynch -- Analyst Hey. Good morning, Larry. Larry Fink--Chairman and Chief Executive Officer Hey, Craig. Good morning. Craig Siegenthaler--Bank of America Merrill Lynch -- Analyst So my question is on your commentary around building momentum and line of sight into significant fundings. So if we exclude fee rate issues like divergent beta, when BlackRock can get back to 5% base -- organic growth? And with the law of large numbers a factor, what is your confidence that this objective is still achievable at your current $10 trillion AUM size? Larry Fink--Chairman and Chief Executive Officer Martin? Martin Small--Chief Financial Officer Thanks, Craig. It's Martin. Listen, I'd start by like Q1 net flows were solid at $76 billion. And on a more granular look, we just see durable growth in that flows mix. We had about $100 billion across ETFs, retail, institutional active, institutional fixed income. Of course, we saw some of these $19 billion redemptions from cash with the Good Friday quarter-end dynamic and the $26 billion rebalanced away in institutional index equities. You know those institutional index equities happen from time to time. They're not meaningful revenue impacts or fee rate detractors, but they weigh on kind of the long-term flow totals. When we look at this core momentum on flows, excluding the episodic index redemptions, Q1 flows were $100 billion. It's a healthy trajectory. It's an affirmation for us that we're focused on the right things to grow with clients. And on base fees, the management team here, we really feel like we've turned a corner. Over the last two quarters, we see really solid trends in organic fee growth. They're really some of the best since the end of 2021. We saw excellent momentum to finish the fourth quarter, which we talked about on the last call. We closed out in November and December higher than target. And this quarter, March new base fees annualized at target after we had a slower start. So over the last six months, we see organic base fee growth ticking up and trending more halfway or halfway plus to our long-term targets. It's not a straight line, but we're moving to target. And I say this because we see key positive trends in these sort of critical base fee growers for us. Retail posted $7 billion of flows in that 40 to 50 basis point bucket. Money is going back to work, redemption rates are moderating. We see really excellent momentum in active overall with $15 billion of flows and good velocity in institutional and retail active fixed income, in particular, at $9 billion. And I think what Larry is getting at, we've been selected for a breadth of mandates across investment management and technology that we see supporting 5% organic growth and will fund over future quarters. Our planned acquisition of GIP will help us build and bump from there. So we look forward to closing that transaction, executing on these mandates, and keeping you guys posted on our progress. Larry Fink--Chairman and Chief Executive Officer I would just add, the breadth of conversations we're having with clients worldwide. Rob Kapito right now is in Asia, the type of conversations we had there. The opportunities we see in Europe, in the U.K., Middle East. These are just very large opportunities, large mandates, big opportunities. And if you then overlay the opportunities and you overlay what infrastructure can do related to the build-out of power with all the AI promise and the need for data centers and the need for power is going to be extraordinary. And all of this is going to lead to much bigger opportunities. And then more importantly, more and more clients are going to be seeking those organizations who deliver the proprietary differentiated products. Operator Thank you. We'll go next to Michael Cyprys with Morgan Stanley. Michael Cyprys--Morgan Stanley -- Analyst Hey. Good morning. Thanks for taking the question. Just wanted to ask about balancing investment spend with margin expansion. In the past, we've heard BlackRock talk about being margin aware. So just curious how the thinking of that has evolved. What does that mean in today's environment? And how might you quantify the opportunity for margin expansion over time? How do you see some of the levers to achieve that? Martin Small--Chief Financial Officer Thanks, Mike. Our approach to shareholder value creation is obviously to generate differentiated organic growth, it's to drive operating leverage in a premium margin and it's to execute on a consistent capital management strategy. We have a strong track record of investing in our business for growth and scale and expanding profitability. And I want to emphasize, it's not just about growth. It's about profitable growth over the long term. And that growth comes from making continued investments in our business. And I've talked a lot about on the last several calls and obviously, some of the other meetings we've had, we're looking to size our operating investments in line with the prudent lens on organic growth potential. We're aiming to put more flexibility in our cost base and variabilize expenses where we can. And most importantly, we're looking to generate fixed cost scale, especially through investments in technology. We're consistently delivering industry-leading margins, which is a goal, and we've expanded our margin in six out of the last 10 years. And I think those scale indicators are coming through in our results. We're delivering profitable growth. We generated 180 bps of margin expansion year on year, while revenue op income and EPS all rose double digits. And we delivered 60 basis points of sequential improvement. Over the last 18 months, AUM's up $2.5 trillion, while headcount is actually flat or slightly lower. So I feel like we're delivering benefits of scale and productivity, which is showing in margin expansion. As I mentioned, we're planning for full-year low to mid-single digits core G&A growth, flat headcount, both excluding the GIP transaction. So you've heard on our last few calls, and I hope today and some of Larry's color, we're looking to drive more fixed cost scale. That comes from technology. It comes from automation. It can come from AI. It comes from organizational design, global footprint -- printing using some of our innovation hubs around the world. We see those as our major levers to drive margin expansion. And in the end, we're just looking to optimize organic growth in the most efficient way possible, deliver growth for clients and shareholders and ultimately expand our margin over time. Larry Fink--Chairman and Chief Executive Officer Michael, I would just add, as we continue to be investing in AI, our most recent experience of having $2.5 trillion more assets with the same headcount is a real good indication of how we are trying to drive more efficiencies, more productivity. I think this is critical. We're going to bring down an inflation in America. This is how it's going to have to be done, driven through technology and -- which will increase more productivity. And overall, and actually through that process, we continue to drive more productivity. What it also means is rising wages. So people do more and the whole organization is doing more with less people as a percent of the overall organization. That is really our ambition. Operator Thank you. Your next question comes from Ken Worthington with J.P. Morgan. Ken Worthington--JPMorgan Chase and Company -- Analyst Hi. Good morning and thanks for taking the question. Fixed income flows have picked up for U.S. -- the U.S. mutual fund industry so far this year, but the same data services that track the industry don't show a proportionate pickup for BlackRock. Your fixed-income ETF sales were solid at $18 billion, but below levels seen last year. Can you talk about the competitive landscape for fixed-income retail and fixed-income ETFs, both inside and outside the U.S.? And to what extent do you think investor appetite may have changed in 2024? Rob Kapito--President So Rob here. The conversations that we're having across all of the distribution systems are about a new allocation into fixed income. It's been very much clouded by all the noise around inflation and the Fed. So the yield curve remains inverted and investors are currently getting paid to wait. And a more balanced term structure of interest rates is going to be the indicator to watch, and that's where we'll start to see demand for intermediate and longer-term fixed income. So the first quarter for us flows of $42 billion, which I think is considerable, we saw the strength in the bond ETFs from immunization activity in institutional and about 25% of the flows were into active strategies. So we're seeing renewed demand for active fixed income and that's led to flows into the high yield, the unconstrained, and the total return strategies and the fact that our longer-term performance has about 93% of our taxable active fixed income AUM above the benchmark or peer medium in the last five years are really set up to capture this. But I do think the noise that's out there focused on inflation and the fact that you can still earn 5%, which is very attractive right now is causing the delay in more allocations to fixed income. The other part of why I'm more encouraged is we are finding a growing interest in high-performing active fixed-income strategies alongside private market strategies. So I think that we stand to bode very well once you see some changes in the yield curve. Operator Thank you. We'll go -- Larry Fink--Chairman and Chief Executive Officer Let me just add, operator, to Ken's question. Ken, I do believe as an industry, the large pension funds that have an overallocation of private equity and the rotation of money in the private equity area has slowed down precipitously. We are also seeing evidence that more and more clients are keeping a higher balance of cash to meet their liability discharges. And so without the momentum and the velocity of money in private equity, they actually have to keep higher cash balances, too. So I think that is something to be watched to. If there was an unlock in the movement of private equity, I do believe you would see a factor allocation for the industry in fixed income and other income-producing products. Operator Thank you. We'll go next to Alex Blostein with Goldman Sachs. Larry Fink--Chairman and Chief Executive Officer Hi, Alex. Alex Blostein--Goldman Sachs -- Analyst Hi, Larry. Good morning, everybody. My question is related to private markets and GIP. Larry, you referred to it again this morning as a transformational deal for BlackRock maybe similar to some of the other large ones you've done. Does this give you enough in terms of what you're trying to accomplish in the private markets broadly? Or do you expect to pursue more acquisitions that are related in this area? And I guess somewhat related to that, growth in private markets, retail products has been quite significant and still early days. Maybe just remind us on how BlackRock is pursuing that opportunity. Martin Small--Chief Financial Officer Hey, Alex. How are you? It's Martin. I'll offer a few thoughts, and then Larry will jump in. Let's say, look, all of our clients continue to increase their allocations to private markets. That's what drove our acquisition of eFront. It's what drove our planned acquisition of GIP. And it's also a great focus of the organic investments we've made to build in illiquid alternatives business of size. There are sort of liquid alternatives business. We've reached $167 billion of assets, roughly $140 billion fee paying. We had a good quarter there. Infrastructure and private credit deployment added $1 billion of inflows offset by a return of capital that I talked about. We're getting close on our final closes for our BlackRock Infrastructure IV fund for decarbonization partners, which has been a great first-time funded vintage. We've got $30 billion of committed but uninvested capital. So there's good dry powder in the system. As Larry mentioned, we're originating really strong unique transactions there. So we think our capabilities are expanding in a way that's going to plan. Just yesterday, we announced an infrastructure debt deal with Santander where we're going to be financing about $600 million of infrastructure loans in a structured transaction. And we just see good fundraising momentum, which we think we can kick into next year with GIP. Since 2021, we've had $140 billion of gross capital across the platform, continue to see good momentum with clients. And to the topic you mentioned, we've been building out our semi-liquid products for retail with credit strategies. Our credit strategy is interval funds and our nontraded credit BDC BDEBT, have a combined $1 billion plus of AUM. We received a really important placement for BDEBT at the national wirehouse. So we think that will be a strong seller in for organic growth. And then finally, that planned acquisition with GIP is going to really extend our capabilities. We think the business can be a much stronger platform for capital formation of scale and build on this philosophy we have in illiquid alternatives. We also think there's a great opportunity to bring GIP's capabilities to private wealth globally, retail retirement platforms in the U.K. and Europe with the LTIP and LTAP structures. And obviously, we'll keep you updated on our progress. Larry Fink--Chairman and Chief Executive Officer I would just add that the feedback we're having from clients, including a dinner I had with a major energy company last night. The opportunity we have for driving more unique proprietary origination is going to be driving accelerated growth for us in the private markets, especially in infrastructure. I do believe the combinations of our two organization is going to open up so many more avenues. Avenues with companies, but also avenues of countries. And that -- being said, look, we're always in the market and are looking for different opportunities and we're not slowing down, looking at different opportunities. We're not here to suggest we're doing anything that is forthcoming because the number one through five thing to do is to close GIP. But the doors are knocking at BlackRock to see if there's other opportunities we want to we want to pursue. And if it makes sense one day, we will continue to be open minded to pursue more private market opportunities. Operator Thank you. We'll go next to Dan Fannon with Jefferies. Dan Fannon--Jefferies -- Analyst Thanks. Good morning. Martin, for your comments on improving trends throughout the quarter for flows, can you put in context what that means for maybe exit fee rate? And also on this pipeline of activity that's building, can you talk about the mix of fees and products more specifically and how that might inform your base fee outlook going forward? Martin Small--Chief Financial Officer Yeah. So thanks, Dan. As I mentioned, we see good base momentum. At the end of Q4, we were running at hotter than target. At the end of this quarter, we're at target. And as I mentioned, when we look at the trends over months, not days, we feel like we're half or halfway plus to our target growth. So we've got good base fee momentum. First quarter base fees, excluding securities lending, were $3.6 billion, which is up 9% year on year, which is largely due to the impact of market movements on AUM and organic growth. And if -- the Q2 entry fee rate ex-fee lending is pretty much flat compared to the Q1 fee rate on a day count equivalent basis. But overall, I think as we see good flows into active with the $15 billion we've had, as I mentioned, retail flows of $7 billion coming in. We see good fee rate trends, which we think are about -- mostly about mix. We focus really on driving organic base fee growth in the most efficient way possible, focusing on the clients, focusing on the investments they want to make. We don't focus on a specific fee rate or product. We focus on the clients and the fee rate is more of an output. But the trends in terms of where we're raising assets on the fee rates we think are good. But as I mentioned, Q2 fee rate -- Q2 entry fee rate excess funding is flat compared to the Q1 fee rate on the same day count. Operator We'll go next to Bill Katz with TD Cowen. Bill Katz--TD Cowen -- Analyst OK. Good morning, everybody and thank you so much for taking the question. I appreciate the update. Maybe a different vein. Your performance fees continue to run pretty high. And just sort of wondering, are we reaching a new level of normalized performance fees? And how might that translate into sort of the comp ratio as we look ahead, particularly as you continue to migrate to a bigger pool of private markets post-GIP? Martin Small--Chief Financial Officer Thanks, Bill, for the question. We appreciate it. So on the performance fees of $204 million in the quarter, obviously, they're up about four times year on year. If you could put yourself in a time machine and think back to that first quarter in '23, it was a really difficult market. We had SVB. We had some vol in the rate markets, etc. So I think it was a tough time. This quarter, we've really seen good performance coming through on our teams, which has been very, very strong, and I think reflected in those performance fees. Rough justice, about half of that performance fee is coming from kind of our private equity funds and private equity programs where we had some very successful realizations that Larry talked about last year, which was created in some of the distributions associated with that. And the other half is more in liquid hedge funds in our strategic equity hedge funds and some of our systematic strategies as well. Ultimately, our goal is to deliver long-term performance with clients and where we see performance fee revenues picking up, obviously, there's healthy alignment there and more supportive markets, and stronger markets and strong performance, we'd expect a lot of that leverage to drop to a lower comp to revenue ratio. But ultimately, talent is one of our key investments, and we'd expect it to be on a go-forward basis. Operator Thank you. We'll go next to Brian Bedell with Deutsche Bank. Brian Bedell--Deutsche Bank -- Analyst Great. Thanks. Good morning, folks. Thanks for taking my question Maybe just to focus on the multi-asset category and a couple of areas within that. I think, Martin, you were talking about obviously... - Reddit Posts (Sample): [['u/kennyatmall', 'Cheapest way to sell 2 BTC', 12, '2024-04-22 01:48', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', 'Hi guys what’s the cheapest way to sell Btc ? Should I put in on the card and spent it there ? ', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', '1c9wg0z', [['u/iamthesagej', 21, '2024-04-22 01:55', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0o5fhc/', 'Advanced trading tab.', '1c9wg0z'], ['u/Enslaved_By_Freedom', 16, '2024-04-22 03:50', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0olhqm/', 'Sell your 2 BTC to me for $100 USD. It will be really cheap.', '1c9wg0z'], ['u/SteveLangfordsCock', 46, '2024-04-22 04:02', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0on7km/', 'You should not answer any of the DMs you got', '1c9wg0z'], ['u/iamthesagej', 10, '2024-04-22 04:22', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0opwab/', 'The “free trading” has their fee built in with the sell prices, so if you use advanced, you get 25% off.\n\nIt’s a $260 fee to sell 1 of my btc, so I’m assuming it would be around $520 for 2. If you have CB1, that’s $130 saved. \n\nYou could get a free trial or a month and you’d save - I’d do it!', '1c9wg0z'], ['u/ukiyo3k', 10, '2024-04-22 05:21', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0oxeq7/', 'How do people own BTC but not know how to own BTC?', '1c9wg0z']]], ['u/superdude32', "Why don't you have a... $SEAT?!! Hidden gem, blowing up now!", 626, '2024-04-22 02:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', 'Cris Hensan is inviting you to take a $SEAT and put scum of the earth behind bars, in fun fashion - just by investing in crypto! \n \nFind out about this hidden gem with a low marketcap: \n[https://crishensan.com](https://crishensan.com) (warning: this website is dope-ass!) \n\n\nA fun meme with serious ambition - we\'re putting sexual predators behind bars, and doing it in style! Let\'s gooooo!\n\n \nHere is why I\'m personally bullish on $SEAT: \n--> Dev is GOLD \\- this man is a driven, proven, trader who was cheesed off at all the rug pulls and decided to put a Blue Chip meme project together - for the people! \n--> NARRATIVE UTILITY is brilliant! This community is meme-ing to call attention to the issue of sexual predators and getting them behind bars - Cris Hensan keeps it fun, but he means business! "Why don\'t you take a SEAT???" \n\nThis weekend we are taking in our first donation that is going to the Coalition to Abolish Slavery & Trafficking. BIG NEWS coming this week on the donation!!! We are going to make a splash! \n\nEvery time our marketcap doubles, the community will make another donation. Community makes money, we give to a great cause = win-win. You know, unless you like having sexual predators roaming around... \n--> LOW MARKETCAP \\- this coin is only one week old and sitting at 1M Marketcap. We held and grew through all the BTC halving nonsense. Sky is the limit for SEAT. Could be a next multi-mill coin. You are early! \n--> TOKENOMICS ARE FOR THE PEOPLE \\- Total Supply: 998,331,345 \| 100 % Locked Utility \| 100% of Liquidity Tokens are Burned \| Immutable - like I said above, our dev Cris HATES rug pulls and made it his goal to make the most anti-rug token you could imagine. \n--> COMMUNITY is driven and active! Hop on the telegram chat and join a community that is positive, driven, mature, and focussed on our goal: blowing up SEAT, building life changing wealth, and putting perps away in the process! Don\'t believe me? Check out telegram and hang with us for a couple days - you\'ll see! \n--> EXCHANGES \\- currently SEAT is available on decentralized exchanges like Raydium & Jupiter - if you don\'t know how that works, just hit up the website for more info. This coin is young, which is where money is made - larger exchanges will come as the project grows. \n\n\n \nSo.. Still here? What are you waiting for? \nWHY DON\'T YOU TAKE A $SEAT???!!!\n\n \n[https://crishensan.com](https://crishensan.com) \n\nToken CA: 29ad8JW1YcVT3mxcvxJpe3EzWqXCGD7KaSRWrc3TEMWG ', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', '1c9wxnk', [['u/Comfortable_Brush295', 10, '2024-04-22 02:16', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/l0o8dzd/', 'Everyone should come and join us in taking a $SEAT', '1c9wxnk']]], ['u/Striking-Type-4162', 'BlackRock created the Bitcoin ETF', 53, '2024-04-22 03:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', 'BlackRock created the Bitcoin ETF as a way to launder your fiat dollars into the Bitcoin Ponzi, Because the elites know the U.S. banking system is going to collapse (credit markets) That’s the reason for the sudden passage of Ukraine and Israel funding. ($95 billion). Those laundered dollars will go through NGO’s which help fund Blackrock’s Bitcoin ETF. This is also why Janet Yellen is desperate to fund U.S. Treasuries. U.S. Treasury dollars are laundered through NGO’s Which provides free Bitcoin liquidity for the elites (off-balance sheet)', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', '1c9y3xy', [['u/New-Dealer5801', 11, '2024-04-22 03:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ohv2y/', 'Well if Main Street hasn’t picked up on this they deserve the crash! Bitcoin will be the greatest, till the power goes out!', '1c9y3xy'], ['u/ScreamingWeenie', 48, '2024-04-22 03:40', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ok5xn/', 'Explain it to me like I got injected with an experiment in exchange for a free donut.', '1c9y3xy'], ['u/reepotomac2', 13, '2024-04-22 03:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0oloqu/', 'OK, the guy who set himself on fire at the Trump trial, he had a manifesto, I skimmed it. It said a lot about crypto and the real purpose of crypto.. Does this post kinda go along with his manifesto?', '1c9y3xy'], ['u/Striking-Type-4162', 13, '2024-04-22 04:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0on9qo/', "BTC/USDT is an offshore unregulated debt/ponzi washing machine. Ukraine is used as the excuse to funnel $ in. Monetization ETF'S of debt and US CANT stop spending. They knew what was coming over a decade ago. They needed a way to continue.", '1c9y3xy']]], ['u/WatercressCurious980', 'Massive over 100% fee btc to xmr on cake', 29, '2024-04-22 04:24', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', 'Any ideas what’s happening or how to fix ', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', '1c9zj4y', [['u/Rmccarton', 35, '2024-04-22 05:40', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0ozqn7/', 'Just use LTC, exchange for Monero in cake. It was the more economic method even before the bitcoin feees went bonkers. \xa0', '1c9zj4y'], ['u/Single_Pea', 19, '2024-04-22 06:43', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0p6yqc/', "wait. it'll go down. shouldnt use btc ever like this tho.", '1c9zj4y'], ['u/ZestycloseWay2771', 19, '2024-04-22 12:35', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0q1241/', 'Shouldn’t use BTC at all', '1c9zj4y']]], ['u/Freemasonsareevil', 'Is it worth buying thousands of dollars of LTC as a young person', 10, '2024-04-22 04:26', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', 'So here’s my situation. I’m a 19 year old college student. I’m not broke but I’m also not able to pay for college myself lmao. I have over $5000 in total from my checkings and savings account + another 2000 in cash at home. Most of this is untouched really. I was thinking of maybe buying $2000 in crypto. Would that be worth it? And idk if I should do it all in LTC or maybe some in BTC or other crypto? It would suck losing $2000 but it would be very very nice tripling that or whatever. Plus this summer I will be working and making a lot more money… I would like opinions from those more experienced than me who is nice to crypto', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', '1c9zkmf', [['u/Coldlog1k', 43, '2024-04-22 04:42', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0osky4/', '#1 rule of investing in ANYTHING: don’t invest money you can’t afford to lose. If your ok with possibly losing the entire thing and accept that you may not see returns for years if ever then do your research and invest in coins that you believe in. Anyone telling you buy this or buy that for a quick turnaround is lying or scamming.', '1c9zkmf'], ['u/0010011001101', 13, '2024-04-22 04:51', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0otp67/', 'From someone who was once young, enjoy the money you have when you have the youth to enjoy it on. \n\nYes, you may double, triple or quadruple the ‘dollar’ amount, but the happiness you will derive from the increased amount in the future will likely be less than the happiness you can afford yourself now, in the present. \n\nJust my two cents worth.', '1c9zkmf'], ['u/meshflesh40', 18, '2024-04-22 06:35', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0p638l/', 'Dont try to get rich fast. thats gambling. Put the $2000 in BTC to kickstart your portfolio. \n\nThen buy 1 LTC a month for a decade. \n\nForget about it and enjoy your youth.', '1c9zkmf'], ['u/Manoob20', 11, '2024-04-22 09:41', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0pn1xf/', 'Put it all on BTC, cold storage, Hodl and chill for 5-10 years', '1c9zkmf'], ['u/goodyeshello', 19, '2024-04-22 14:25', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0qd4u1/', 'Genuinely the worst advice I’ve ever heard. You don’t need to blow $2,000 to be happy at 19. Invest all of it.', '1c9zkmf']]], ['u/GiverTakerMaker', 'Black Swans: Gold vs Bitcoin', 23, '2024-04-22 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/', "Ok. So Bitcoin has a few Black Swan events unique to its technology... for example a solution to the P v NP conjecture could render all cryptography utterly useless.\n\nWhat are some of Gold's black swans hiding in the weeds?\n\nFor example elemental transmography tech that turns iron onto gold would render golds principle value proposition obsolete.\n\nAny creative thinkers out there. And yes the whole point is to think of statistically improbably outcomes.", 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/', '1c9zo6q', [['u/MacForADay', 30, '2024-04-22 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/l0ors97/', "Asteroid mining would destroy gold. There's trillions and trillions of dollars worth of gold in some asteroids, and if they were mined it would crash the price of gold on Earth.", '1c9zo6q'], ['u/1mc666', 45, '2024-04-22 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/l0osi2i/', 'Exactly. Same thing with diamonds too. Wood is actually more rare in the universe than gold or diamonds. To have wood you need trees and for trees you need life.', '1c9zo6q']]], ['u/Zunqivo', 'Battle Hardened San Francisco - CC (100 Players) - Results', 44, '2024-04-22 04:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/', "___\n\n# [Battle Hardened San Francisco Top 8 Bracket With Results](https://twitter.com/MaskOfMomentum/status/1781879247596146716)\n\n___\n\n### [Battle Hardened San Francisco Meta Breakdown (100 Players)](https://twitter.com/ThePitchStack/status/1782049087006577127/photo/1)\n\n___\n\nPlace \| Player \| Hero \| -\n---\|---\|----\|----\n1st \| Oliver Phi \| Prism, Awakener of Sol [[decklist](https://fabtcg.com/decklists/oliver-phi-prism-awakener-of-sol-battle-hardened-san-francisco/)] \| \n2nd \| Patrick Requejo \| Victor Goldmane, High and Mighty [[decklist](https://fabtcg.com/decklists/patrick-requejo-victor-goldmane-high-and-mighty-battle-hardened-san-francisco/)] \| \n3rd - 4th \| Naib Mobassir \| Betsy, Skin in the Game [[decklist](https://fabtcg.com/decklists/naib-mobassir-betsy-skin-in-the-game-battle-hardened-san-francisco/)] \| \n3rd - 4th \| Tyler Horspool \| Dash I/O [[decklist](https://fabtcg.com/decklists/tyler-horspool-dash-io-battle-hardened-san-francisco/)] \| [@Pony_Puddle](https://twitter.com/Pony_Puddle)\n5th - 8th \| Evan Bridges \| Kayo, Armed and Dangerous [[decklist](https://fabtcg.com/decklists/evan-bridges-kayo-armed-and-dangerous-battle-hardened-san-francisco/)] \| \n5th - 8th \| Jacob Hawkinson \| Dorinthea Ironsong [[decklist](https://fabtcg.com/decklists/jacob-hawkinson-dorinthea-ironsong-battle-hardened-san-francisco/)] \| \n5th - 8th \| Majin Bae \| Kano, Dracai of Aether [[decklist](https://fabtcg.com/decklists/majin-bae-kano-dracai-of-aether-battle-hardened-san-francisco/)] \| [@MajiinBaeLoR](https://twitter.com/MajiinBaeLoR)\n5th - 8th \| Anthony Pham \| Dash, Inventor Extraordinaire [[decklist](https://fabtcg.com/decklists/anthony-pham-dash-inventor-extraordinaire-battle-hardened-san-francisco/)] \| \n\n(If you're on here and you have any decklists or social media handles that you want to share, let me know and I'll add you in here!)\n\n* With this Battle Hardened win, Prism, Awakener of Sol gains +40 Living Legend points, and is now officially at 150/1000 Living Legend points. (Excluding Pro Quest wins and the Pro Quest+ that she also won at the same event)\n\n * If you're unfamiliar with how Living Legend works, you can read on the info here: https://fabtcg.com/resources/rules-and-policy-center/living-legend/\n\n___\n\n#Congratulations to Oliver Phi on taking down Battle Hardened San Francisco!", 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/', '1c9zpgt', [['u/VektorOfCrows', 22, '2024-04-22 04:47', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0ot7sg/', 'Betsy on 3rd/4th is pretty neat!', '1c9zpgt'], ['u/punchki', 11, '2024-04-22 07:37', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0pcc0d/', '8 different heroes in top 8 is cool to see', '1c9zpgt'], ['u/ScowlingFleshBag', 10, '2024-04-22 07:45', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0pd54w/', 'The chad on Betsy', '1c9zpgt']]], ['u/AutoModerator', '[Daily Discussion] - Monday, April 22, 2024', 39, '2024-04-22 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/', '1ca1b0m', [['u/wrylark', 29, '2024-04-22 06:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0p5m29/', 'With the amount of consolidation/time we have had in this range and presuming we are still in an over all uptrend ... this is really looking great imo.\xa0\n\nRunning the weekly candles through my monkey brain pattern detector finds the nearest \xa0similarity in the spring/summer of 2020 when coin consolidated around the 10k area...\n\nAlso interestingly that is a time not far off from where are now in relation to the respective halvings.\xa0\n\n\xa0', '1ca1b0m'], ['u/Ok_Art_2874', 15, '2024-04-22 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0p6hnx/', 'When will bitty reach $300k?\n\n2025\n\n2029\n\n2033', '1ca1b0m'], ['u/dopeboyrico', 50, '2024-04-22 07:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pc9iv/', 'Price of BTC at each halving: \n\n2012: $12.50\n\n2016: $638.51\n\n2020: $8,475\n\n2024: $64k\n\nLength of time BTC took to reach new ATH after each halving:\n\n2012: 3 months\n\n2016: 7 months\n\n2020: 7 months\n\nLength of time BTC took to double in price after each halving:\n\n2012: 3 months\n\n2016: 8 months\n\n2020: 6 months\n\nConsidering how close we were to ATH ($73.7k) at time of halving we’re probably going to set a new record for length of time to reach new ATH post halving. And then I’m thinking the momentum from there potentially puts BTC on track to double in price within 3 months from halving.\n\nSupply shock is imminent.', '1ca1b0m'], ['u/monkeyhold99', 25, '2024-04-22 08:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pgt8j/', 'The halving got more media attention than ever this year. It was not priced in, never has been priced in, and never will be priced in. \n\nAll about forced vs willing sellers. [Here’s](https://experts.bitwiseinvestments.com/cio-memos/the-bitcoin-halving-the-real-change-no-one-is-talking-about) the short article about it from Bitwise CIO. \n\nHere’s a good bit:\n\n> If there is more demand for bitcoin in the future than the market currently expects, buyers will have to chase bitcoin in a different market than the one they encountered pre-halving—a market with half as many forced sellers as before. That could lead to significant run-ups in price, as unanticipated future demand tries to shake bitcoin loose from a higher ratio of willing sellers.', '1ca1b0m'], ['u/YouAreAnFnIdiot', 18, '2024-04-22 08:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0phcse/', 'Was that the short squeeze?', '1ca1b0m'], ['u/jarederaj', 20, '2024-04-22 08:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0phi3f/', 'That happens at 71,5', '1ca1b0m'], ['u/Zirup', 13, '2024-04-22 08:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pi0yh/', "Huh? A forced seller is a miner with costs to cover. A willing seller is someone who has a dollar price target. Diamond handed hodlers aren't sellers.", '1ca1b0m'], ['u/jarederaj', 10, '2024-04-22 08:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pii6p/', 'The doubling time speeds up for about 18 months. By the end, we double in a few weeks.', '1ca1b0m'], ['u/jarederaj', 19, '2024-04-22 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pil9v/', 'We are borg', '1ca1b0m'], ['u/DarthVarn', 15, '2024-04-22 08:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pjcvs/', 'Resistance is futile.', '1ca1b0m'], ['u/Zirup', 11, '2024-04-22 08:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pjfnd/', 'so a 7x from here puts us at $420,000. That meets the meme criteria.', '1ca1b0m'], ['u/I_AM_AN_AEROPLANE', 15, '2024-04-22 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0plzw1/', 'I think this just looks like organic proce increase tbh', '1ca1b0m'], ['u/Yodel_And_Hodl_Mode', 10, '2024-04-22 09:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pmou9/', "Or maybe he was on a date & she just wasn't feeling it, y'know?\n\nOtherwise... yeah, what you said, my high flying friend.", '1ca1b0m'], ['u/dopeboyrico', 12, '2024-04-22 09:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pnlg6/', '2012: 12 months\n\n2016: 17 months\n\n2020: 18 months', '1ca1b0m'], ['u/Remyleboo99', 20, '2024-04-22 10:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0prqmt/', 'No halving sell the news yet, and pre market has opened. \n\nI feel a pump today as opposed to the usual 9:30 dump especially with the green futures.', '1ca1b0m'], ['u/expatMT', 20, '2024-04-22 11:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pwbuv/', '\nDate\t\| Event\t\| Value\n---\|---\|---\n28/05/2012\|\t6-months before\|\t$5.00\n28/11/2012\t\|Halving\t\|$12.00\n09/04/2013\t\|First peak\t\|$266.00\n30/11/2013\t\|Top peak\t\|$1,242.00\n09/01/2016\t\|6-months before\|\t$450.00\n09/07/2016\t\|Halving\t\|$663.00\n08/06/2017\t\|First peak\t\|$2,741.00\n17/12/2017\t\|Top peak\t\|$19,401.00\n11/11/2019\t\|6-months before\|\t$8,800.00\n11/05/2020\t\|Halving\|\t$8,700.00\n14/04/2021\t\|First peak\|\t$63,438.00\n10/11/2021\t\|Top peak\|\t$69,000.00\n17/10/2023\t\|6-months before\|\t$28,500.00\n20/04/2024\t\|Halving\|\t$64,000.00\n15/03/2025\t\|First peak\|\t$95,000.00(?)\n15/09/2025\t\|Top peak\|\t$160,000.00(?)', '1ca1b0m'], ['u/John_Crypto_Rambo', 12, '2024-04-22 11:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0px22c/', 'I know this seems wild to say but I don’t see any way 95k takes a year to reach. \xa0In a bull market all of our predictions anlways seem to arrive way ahead of schedule. \xa0If we hit 80k soon, which I feel we will, then 95k isn’t that far away.', '1ca1b0m'], ['u/expatMT', 10, '2024-04-22 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pylfq/', 'Until Saturday the 64k figure was guestimated to be 34k. The figures are conservative estimates based on earlier (pre-ETF) indicators.\n\nWith everything else taken into account it would appear to be reasonable to expect 95k later this year and a peak of...who knows what. Typically we see a slight downturn post-halving. But with the ETFs not slowing in their AUM growth, plus the UK soon to permit trading in bitcoin-related products, and HK ETFs coming...combined with there now only being 450 new coins per day entering the flow.\n\nExciting months ahead.', '1ca1b0m'], ['u/WYLFriesWthat', 16, '2024-04-22 12:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0q2nb7/', 'Back above the 200MA on the 4-hour. “Up” is BACK on the menu boys.', '1ca1b0m'], ['u/ask_for_pgp', 17, '2024-04-22 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qd35s/', "There's a play to buy bitcoin with 7.5% discount under spot:\n\njust like GBTC once was, OBTC is currently a closed ended trust trading 7.5% under spot.\n\nThey have published a plan to get back to NAV: Sell (merge) with a Bitcoin ETF or dissolve the trust by September 5.\n\npress: [https://ospreyfunds.io/wp-content/uploads/Osprey-Bitcoin-Trust-Announces-Exploration-of-Strategic-Alternatives-and-Voluntary-Deregistration-\\_-Business-Wire.pdf](https://ospreyfunds.io/wp-content/uploads/Osprey-Bitcoin-Trust-Announces-Exploration-of-Strategic-Alternatives-and-Voluntary-Deregistration-_-Business-Wire.pdf)\n\ndiscount gapped upwards but still juicy: [https://ycharts.com/companies/OBTC/discount\\_or\\_premium\\_to\\_nav](https://ycharts.com/companies/OBTC/discount_or_premium_to_nav)\n\n \nAm I crazy to swap all my ETF holdings into OBTC?", '1ca1b0m'], ['u/Cultural_Entrance312', 17, '2024-04-22 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qfz43/', 'On the hourly BTC has broken out of the falling wedge. RSI is at 60.9 (average 60.7) at time of writing. Current, nearby, resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 65.7, 64.1, 63, 61.7, 60.5 and 59. The 67.4 area might act as a stronger resistance, it’s the old sloping resistance from the last pennant. We are also 1k above Friday’s close, will we drop back or continue with the rising short term trend?\n\nThe daily RSI is 49.7 and its average is currently at 47. A falling wedge is forming and BTC is approaching the upper resistance of it. It’s possible that BTC could push through. It depend on if you consider 4/19 low close enough to be considered a touch. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA and downward sloping resistance.\n\nBTC closed for the 3^(rd) week in a row red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.7 (78.3 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 71.1. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/8HyNsNuk/](https://www.tradingview.com/x/8HyNsNuk/)\n\nDaily: [https://www.tradingview.com/x/YVN95LWe/](https://www.tradingview.com/x/YVN95LWe/)\n\nWeekly: [https://www.tradingview.com/x/FCam8mCm/](https://www.tradingview.com/x/FCam8mCm/)\n\nMonthly: [https://www.tradingview.com/x/1RFHsVIZ/](https://www.tradingview.com/x/1RFHsVIZ/)', '1ca1b0m'], ['u/1Lost_King1', 13, '2024-04-22 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qh24q/', 'Today looks pretty green...', '1ca1b0m'], ['u/Kronos5111', 14, '2024-04-22 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qip9d/', 'Already ahead of you sold my primary residence last September for 100% bitcoin but recently sold it and moved it into bitx options. Don’t follow my footsteps lads', '1ca1b0m'], ['u/itsthesecans', 12, '2024-04-22 15:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qjgam/', "Sounds like you're pushing all your chips into the center of the table for this cycle. I hope it works out for you.", '1ca1b0m'], ['u/Zirup', 12, '2024-04-22 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qjzld/', 'Looking more and more like the dreaded triple top is off the menu.', '1ca1b0m'], ['u/1Lost_King1', 14, '2024-04-22 15:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qk9pd/', 'I hope that everyone loaded their bags...', '1ca1b0m'], ['u/CurrencyAlarming1099', 12, '2024-04-22 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qly04/', 'I predict a fakeout upward at tradfi market open and then a below 62k by mid week. Basically the same "sell the news" pattern of the ETF approval in January. I would be happy to be wrong.\n\n!bitty_bot predict < 63000 3 days', '1ca1b0m'], ['u/Weigh13', 12, '2024-04-22 15:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qme52/', "Am I misremembering or don't we usually dump right before and into the halvening usually? I don't ever remember up days like this when going through the last couple. This seems very bullish.", '1ca1b0m'], ['u/John_Crypto_Rambo', 21, '2024-04-22 15:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qniw4/', 'The average cost to mine a Bitcoin is now $53k.', '1ca1b0m'], ['u/sgtlark', 12, '2024-04-22 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qo02b/', 'But Donald is against BTC. Or isn\'t he? I guess that if it\'s in a bull market and Trump gets elected again he\'ll ride it as the next paradigm \n\n"Bitcoin is the soundest, biggest form of store of value ever conceived in the history of humankind. I\'ve met some of the founders of Bitcoin and they are great people. Great guys, top players, I couldn\'t do better myself. Well maybe. Still great. Bitcoin is guaranteed freedom from those crooked leftists and liberals. Which is why I used it to launch my new, official, presidential NFTs collection. Great chance don\'t miss out"', '1ca1b0m'], ['u/I_AM_DEATH-INCARNATE', 17, '2024-04-22 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qolem/', "I can't wrap my head around profit margin decreasing and stock price increasing, why does that make the stock price move up?\xa0", '1ca1b0m'], ['u/btctrader12', 10, '2024-04-22 15:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qqbtn/', 'Funding still lower than the Grand Canyon. Squeeze to 70k soon no mercy', '1ca1b0m'], ['u/BitSecret', 11, '2024-04-22 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qr8b5/', "Think we'll see $80k this week? \n\nI think there's a >50% chance based on my technical analysis of tingling feelings.", '1ca1b0m'], ['u/HBAR_10_DOLLARS', 16, '2024-04-22 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qs9pc/', 'Does anyone else hold some BTC on exchanges as part of their overall diversification strategy?\n\nI was thinking of the posts about how many millions of BTC are on exchanges. Some of that BTC is mine but I have no intention of selling; It’s just diversification of my holding stack.', '1ca1b0m'], ['u/bubblesmcnutty', 11, '2024-04-22 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qsflz/', "I'm getting bullish", '1ca1b0m'], ['u/1Lost_King1', 13, '2024-04-22 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qswe4/', 'A new ATH is imminent...', '1ca1b0m'], ['u/xtal_00', 12, '2024-04-22 16:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qu0xw/', 'I leave my DCAs on exchange until it hits a meaningful amount for a wallet (\\~0.5BTC) and then transfer.', '1ca1b0m'], ['u/gozunker', 16, '2024-04-22 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qulfy/', 'The sun is shining, the corn is green … feels like spring has sprung today …', '1ca1b0m'], ['u/imissusenet', 16, '2024-04-22 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qv1fd/', 'A couple of GBTC charts:\n\n[https://imgur.com/a/KIs2F1m](https://imgur.com/a/KIs2F1m)\n\nTop chart is BTC held by GBTC. GBTC is losing about 2000 BTC every trading day, but still holds a lot of BTC.\n\nBottom chart shows running fees since the ETFs went live. The blue line is 1.5% with actual outflows. The red line is what the running fees would be with 0.25% fees and no outflows. As long as the blue line is above the red line, Grayscale made the right decision (for Grayscale) as far as fees go.\n\nIf/when the mini-GBTC fund happens, I wonder what Vanguard will do. I still hold some GBTC there (the rest I moved off).', '1ca1b0m'], ['u/shadowofashadow', 13, '2024-04-22 16:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qv68q/', "I'd rather try to memorize seed words than keep anything on an exchange but I'm Canadian so I still have PTSD from Quadriga.", '1ca1b0m'], ['u/xtal_00', 28, '2024-04-22 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qw4wg/', 'FWIW (not very much) I have now heard from mulitple sources OTC desks are starting to scramble.', '1ca1b0m'], ['u/kb1985', 29, '2024-04-22 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qwa4o/', 'How quickly sentiment can change! Just recently some were predicting doom and gloom and sub 60k prices and now we are looking at new ATH predictions again. Indeed things are looking interesting now - stocks had their well deserved correction, israel/irane drama back to ”normal”, trad fi accepted the rate cut drama. Perfect environment. Even the regulars that used to call for 30k BTC now turned bullish which is a bit concerning and should make us cautious lol.', '1ca1b0m'], ['u/itsthesecans', 18, '2024-04-22 16:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qzdyj/', 'Tell them they can call me when the price has 2 commas.', '1ca1b0m'], ['u/AccidentalArbitrage', 15, '2024-04-22 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qzuyn/', 'No calls or emails from any I have accounts at, fwiw.', '1ca1b0m'], ['u/xtal_00', 16, '2024-04-22 17:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r1qus/', 'This is normalizing very quickly.', '1ca1b0m'], ['u/delgrey', 14, '2024-04-22 17:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r1s0z/', 'I heard from my billionaire buddy that banks are telling him to stop buying. Bullish!', '1ca1b0m'], ['u/BootyPoppinPanda', 11, '2024-04-22 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r5fn5/', "Fair point but it it's not going to last... I think", '1ca1b0m'], ['u/Melow-Drama', 10, '2024-04-22 17:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r7za5/', "Looking at it [this way](https://imgur.com/XazwjCJ) we could indeed range for quite a while. I've been wrong in many instances in what felt like the next move could be 'around the corner' so this is me redrawing lines and preparing for more crab. But I'm glad we did not dip further into the 50s just recently.", '1ca1b0m'], ['u/WYLFriesWthat', 13, '2024-04-22 17:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ra8on/', 'I said it for the last two weeks and I’ll say it again today. We’ll never see 60k break.\n\n\nFor the purposes of mods who would “predict” me against my will, “break” shall be defined as a second four-hour candle close below $60,000.', '1ca1b0m'], ['u/sgtlark', 10, '2024-04-22 18:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rcig6/', 'Yes my uncle and the voices in my head also tell me 1 million by august', '1ca1b0m'], ['u/AverageUnited3237', 13, '2024-04-22 18:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rdtcj/', 'I bought back in to IBIT last night at 65.4 in the 24/7 market. Lost about 30 shares, could have been worse. 0/1 on trying to trade BTC, I\'m just going to continue HODLing for the next 5 years unless we get a manic run to the "promised land" of $300K+, in which case I will probably de-risk a bit.', '1ca1b0m'], ['u/aristo-crat', 10, '2024-04-22 18:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rhfj6/', 'Sell at 298', '1ca1b0m'], ['u/_Citizen_Erased_', 13, '2024-04-22 18:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjic1/', '65,,000', '1ca1b0m'], ['u/furinspaltstelle', 19, '2024-04-22 18:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjjmb/', "I'll expect the halving to do its thing within the next 4 weeks and boldly claim that we will never dip below 60k again.\n\n!bitty_bot long 50000 8x sl 58000", '1ca1b0m'], ['u/xtal_00', 10, '2024-04-22 18:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjtc6/', 'Was it you that was freaking out over goblin town redux?', '1ca1b0m'], ['u/Suburban_Sprawwl', 12, '2024-04-22 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rr9tm/', 'Told you. My p p never lies.', '1ca1b0m'], ['u/BuiltToSpinback', 20, '2024-04-22 20:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rxns7/', "If this keeps going up, there's a good chance this keeps going up", '1ca1b0m'], ['u/hexcode', 12, '2024-04-22 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ryr8z/', 'Is it possible to exchange btc for btc etfs without creating a taxable event?', '1ca1b0m'], ['u/Left_Committee_4012', 10, '2024-04-22 20:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s0b2w/', "You don't say.", '1ca1b0m'], ['u/255-69-3551', 17, '2024-04-22 20:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s3e5z/', "That's called in kind. SEC required cash only for these recent spot etfs. It's for your own good somehow.\n\nHere's a random article.\n\nhttps://www.msn.com/en-us/money/markets/blackrock-opts-for-cash-only-redemptions-in-bitcoin-etf-application/ar-AA1lIQiM\n\n>Cash creation vs. In-kind redemption\n\n>To comprehend the significance of BlackRock’s decision, it’s essential to understand the distinction between ‘cash creation’ and ‘in-kind redemption,’ the two methods by which ETFs can issue and redeem shares.\n\n>In-Kind Redemption: Traditional ETFs often prefer ‘in-kind’ redemptions, allowing the issuer to exchange the fund’s underlying assets, such as Bitcoin, to create shares rather than using cash. This method offers advantages for the company, as it sidesteps market maker spreads and potential tax complications.\n\n>Cash Creation: Conversely, ‘cash redemptions’ require the fund issuer to accept cash to acquire the underlying asset (e.g., Bitcoin) and sell the asset to provide cash back to redeeming shareholders. The SEC favors This approach and benefits participants, but it results in taxable transactions.", '1ca1b0m'], ['u/anon-187101', 13, '2024-04-22 20:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s6bbq/', "r/cryptocurrency seems to be putting this cycle's top ~$130k.", '1ca1b0m'], ['u/btc-_-', 13, '2024-04-22 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s71k2/', 'we’ll wave to them as we go by', '1ca1b0m'], ['u/anon-187101', 11, '2024-04-22 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s773o/', 'no, it does not\n\nwhat do you think about that?', '1ca1b0m'], ['u/52576078', 16, '2024-04-22 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s7sxq/', 'Such strange people, and so many of them.', '1ca1b0m'], ['u/GRYMandFROSTBITTEN', 10, '2024-04-22 21:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s8wuc/', 'Microstrategy holding 1130 was the signal. Chefs kiss', '1ca1b0m'], ['u/zpowers1987', 10, '2024-04-22 21:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s9ryf/', 'I like how the model had the previous cycle in the 40s. The fact that the same model predicting that has price over 300k is promising.\n\nIf 130 becomes the confirmed top and falls to 39k or something I would have to rethink my understanding of where Bitcoin could go. \n\nIf the altcoin crowd felt Bitcoin could go significantly higher, I believe they would just own Bitcoin. They feel they missed the boat.', '1ca1b0m'], ['u/btctrader12', 22, '2024-04-22 21:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0sb8bp/', 'Funding keeps getting more and more negative. Someone is hefty shorting this. I’m honestly confused as to why. \n\nThere’s basically never been a dump after negative funding ever so we probably moon but I’m honestly confused as to why someone is hefty shorting right after the halving', '1ca1b0m'], ['u/Plasmatica', 39, '2024-04-22 21:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0scy1b/', "If there's ever been a group of people who are constantly wrong on everything, it's that sub.\n\nThey're still shilling Cardano, Algorand and a bunch of other coins no one gives a shit about.", '1ca1b0m'], ['u/spinbarkit', 10, '2024-04-22 21:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0sdv5e/', 'reading through comments I suspect some shitcoins are older than most users', '1ca1b0m'], ['u/AccidentalArbitrage', 10, '2024-04-22 23:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ssffx/', 'Bitcoin', '1ca1b0m'], ['u/1Lost_King1', 11, '2024-04-22 23:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ssx22/', "I hope you loaded your bag's boys to the brim boys.", '1ca1b0m']]], ['u/NoStrangerToTheRain', 'Mom got scammed AGAIN and now I’m done', 708, '2024-04-22 07:18', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/', 'I have posted here before so maybe this is an update of sorts. My 68 year old mother is losing her mind, has been for a while now. We knew she had been conversing with several people online for over a year, most of which claimed to be famous men and all of which needed money for various things. We had been telling her since December that she was being scammed, tried involving DHR and the agency who helps protect seniors, all falling on deaf ears. Courts won’t do anything without a medical diagnosis, neurologist appointments take months so we’re just stuck trying to keep her from self destructing until then. \n\nEnd of February she finally admits she needs help. Actually she called my brother and said she was broke and he needed to fix it, but we’ll say that was asking for help. Per the bank, her home was a few hours from going into foreclosure on the day we got the call from her, and her utilities were turned off the very next week. She has over $100k in credit card debt, most of it from sending these men pictures of every single credit card she has. She also gave them all of her bank account information and sent at least $30k in cash via Bitcoin ATMs or prepaid gift cards. I’m not sure I’ll ever know exactly what she has spent on them, but I do know she owes $7k in taxes this year from all the withdrawals she made to her retirement, which she freely admits she sent to these men. She also still swears every one of them are actually all the celebrities they claim to be, and still truly believes one of them is the love of her life. \n\nMy brother and I told her the only way we’d help is if she gave us power of attorney, which she did. We then caught up her house payments and reconnected the utilities. I have been going through her bills as I pay all of them and trying to help her budget, including finding her cheaper internet, TV and cell phone plans so she’ll be able to pay her own bills going forward on her fixed income. She has been beyond nasty to me every step of the way, telling me what a disappointment I am and she wishes I was never born. There have been suicide threats, to which she laughed in my face and told the police she would never do anything that dramatic. She calls me almost daily and tells me she fell, only for myself or the ambulance to rush over and have her admit she wasn’t actually hurt but was hoping a trip to the ER would get her pain meds. I took her phone, created a new Apple ID and had it set so she couldn’t text or call anyone not saved in her contacts and she can’t add people or numbers or apps without my approval. Only thing short of changing her number I could do to stop her contact with these scammers, she adamantly refused to change the number because she’s had that one for 30+ years. But she has still been getting hundreds of texts from 6-digit numbers, I’m guessing because she responded to them in the past so they were able to get around the block. I have told her a thousand times not to even open them, delete them or send them to junk. \n\nShe had hip replacement this past week. While in the hospital, she received a text telling her she won a free oxygen machine, call this number to claim your prize. She texts me and tells me she needs to add this number to her phone because it’s a home health medical equipment company and she wants to talk to them about LifeAlert, so I add their number. She calls and they tell her she just needs to give them her bank account information to cover the shipping…and she gives it to them. Then she calls to crow about her winnings. I call the same number, and what do you know: I’m also an instant winner if I will just give them my bank account information. Hit 0 to speak with a person and now I’ve won a free year of Direct TV. Hit 0 again and now I’ve won a free year of pest control from Terminix if I just enter my bank account information. So a total scam that my mother has again fallen for while laying in her hospital bed recovering from surgery. Like the last two months didn’t happen, like she has learned nothing from this whole experience. She does not even NEED an oxygen machine, but decided that since her parents had breathing issues at the end of their lives and because it was free, this opportunity was too good to pass up in case she needs one later. She tells me to “just call them back and cancel,” because I’m sure the kind phone scammers will totally forget your bank account if I just ask nicely. \n\nI get it, this is the new normal for her. She no longer possesses the mental capacity to understand real from fake and she will continue to fall for stuff like this as long as she’s alive. And I can’t do anything to stop it. I can just crawl along behind her and try to fix it while hoping she shows up to the neuro in May so I can get the courts to intervene. She will always be a danger to herself and her own wellbeing, with the added bonus of being awful to me every step of the way. \n\nSo I have decided I am done trying to save her from herself. I’m opening another new bank account for her tomorrow and putting what little money she still has in it. I have turned off all the automatic payments that have been coming out of my account and will be turning off all of the parental controls I had established on her electronics. And then I’m telling her good luck, don’t call me when you’re on fire again. And then I’m blocking her on my phone. My brother and I believe she’ll be in a mess again by the 4th of July. Her problem, not ours. \n\nI have had a heart problem for two years now, inappropriate sinus tachycardia that isn’t responding to medications. Both of my cardiologists have told me that stress is exacerbating my condition. I’ve lost 25 pounds over the last three months which I’m also chalking up to stress. I literally cannot explain the peace I feel in my soul tonight knowing that I have done everything I could for this woman and now I just get to be done tomorrow. It’s complicated and sad and disappointing, because oh how I have tried to help her and I know how this will end. But it’s also so very calming to know that I’m done. I’m FREE. ', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/', '1ca2njt', [['u/faeriekitteh', 532, '2024-04-22 07:30', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/l0pbpg9/', "I read your post. Holy crap, she is off the rails. It's hard to tell what is causing it, but I wouldn't be surprised if it was something like dementia.\n\nYou've done everything you can. Unfortunately, there comes a time when you need to do what you can to save yourself.\n\nAs the saying goes - you can le... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['April 22 (UPI) --Independent presidential candidate Robert F. Kennedy Jr. said he would put the nation\'s budget on blockchain to increase government transparency and end corruption.\n"I\'m going to put the entire U.S. budget on blockchain so that every American -- every American can look at every budget item in the entire budget anytime they want 24 hours a day," Kennedytold a crowdSunday at a rally in Michigan.\nPutting the U.S. budget on blockchain would put it into a ledger of transactions associated with Bitcoin and other cryptocurrencies, allowing American taxpayers to track spending.\n"We\'re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody\'s gonna know about it," Kennedy said, referencing reports that the Pentagon paid $640 per toilet seat in the 1980s and $10,000 each to replace toilet seats in 2018.\nLast week, Kennedy, 70,qualified for Michigan\'s2024 presidential ballot. The environmental lawyer, who is vocally anti-vaccine, has also qualified for the ballot in Hawaii and Utah. His campaign has said that he has enough signatures to qualify for the ballot in North Carolina, New Hampshire, Nevada, Nebraska, Idaho and Iowa.\nKennedy, who originally launched his campaign as a Democrat before switching to an Independent, named California entrepreneur and lawyer Nicole Shanahan as hisvice presidential running matelast month, saying she "shares my indignation of big tech" as well as his disdain for "information warfare that our government is currently waging against the American people."\nKennedy, who is running against President Joe Biden with the Democratic nomination and former President Donald Trump with the Republican nomination, is the only presidential candidate to publicly endorse Bitcoin and even accepted Bitcoin campaign donations.\nIf elected, Kennedy has said he plans to back the U.S. dollar with Bitcoin. He also vowed to end Federal Reserve efforts to move toward a central bank digital currency, claiming it would infringe on privacy and would be "acalamity for human rightsand for civil rights."', "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively. However,PEPE, a leading Ethereum-based memecoin is emerging as one of the best performers among the top 100 coins by market capitalization. Over the past 24 hours, PEPE's price has spiked from $0.00000572 to its current value of $0.000006793, marking a remarkable 10.25% surge. In the past seven days, it has seen an impressive 35% jump.\nThe recent surge in price follows theannouncementby Coinbase International, the global arm of the largest U.S. crypto exchange, regarding the listing of PEPE perpetual contracts. This move is particularly significant as it increases liquidity and exposure for the asset. Initially scheduled for April 18, the opening of Coinbase's 1000PEPE-PERP market was delayed due to technical reasons. However, trading is now set to commence on Tuesday, April 23.\nThe news of Coinbase's listing was met with great enthusiasm across Crypto Twitter. Coinbase also revealed plans for perpetual futures involving Dogwifhat (WIF), a prominent Solana memecoin, with trading slated to begin on April 25.\nPEPE rallied by over 700% from the end of February on the back of a memecoin trading frenzy in the crypto markets. However, it underwent a significant correction since touching an all-time highs of $0.00001074 on March 14, retracing by almost 50%. Currently, PEPE’s futures contractssawa 25% increase in open interest, totalling $224.50 million.", 'Following a period of losses, U.S. stocks showed resilience with the S&P 500 closing higher on Monday, as investors shift their focus to upcoming earnings reports from major companies. This renewed interest in corporate performance highlights the importance of understanding factors like insider ownership and earnings growth potential in selecting stocks during uncertain economic times.\n[{"Name": "PDD Holdings (NasdaqGS:PDD)", "Insider Ownership": "33.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Atour Lifestyle Holdings (NasdaqGS:ATAT)", "Insider Ownership": "28.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Li Auto (NasdaqGS:LI)", "Insider Ownership": "31.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Super Micro Computer (NasdaqGS:SMCI)", "Insider Ownership": "14.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Alkami Technology (NasdaqGS:ALKT)", "Insider Ownership": "14.4%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Cipher Mining (NasdaqGS:CIFR)", "Insider Ownership": "19.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Carlyle Group (NasdaqGS:CG)", "Insider Ownership": "27.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Establishment Labs Holdings (NasdaqCM:ESTA)", "Insider Ownership": "11.2%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "BBB Foods (NYSE:TBBB)", "Insider Ownership": "23.8%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "EHang Holdings (NasdaqGM:EH)", "Insider Ownership": "33%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}]\nClick here to see the full list of 135 stocks from our Fast Growing Companies With High Insider Ownership screener.\nUnderneath we present a selection of stocks filtered out by our screen.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:TeraWulf Inc., along with its subsidiaries, functions as a digital asset technology company in the United States, with a market capitalization of approximately $779.77 million.\nOperations:The company generates revenue primarily from digital currency mining, which amounted to $69.23 million.\nInsider Ownership:20.9%\nEarnings Growth Forecast:132.9% p.a.\nTeraWulf, trading 84.9% below its estimated fair value, is poised for substantial growth with earnings expected to increase significantly. Despite recent shareholder dilution and a volatile share price, the company\'s revenue growth forecast at 49.7% annually surpasses the US market average. Recent actions include repaying US$30.1 million of debt and expanding share authorization to support growth initiatives, aligning with its strategic goals to enhance infrastructure capacity significantly by 2025.\n• Navigate through the intricacies of TeraWulf with our comprehensive analyst estimates report here.\n• Our valuation report here indicates TeraWulf may be undervalued.\nSimply Wall St Growth Rating:★★★★★★\nOverview:Cipher Mining Inc. operates large-scale bitcoin mining data centers in the United States and has a market capitalization of approximately $1.33 billion.\nOperations:The company generates its revenue primarily from software and programming, totaling approximately $126.84 million.\nInsider Ownership:19.6%\nEarnings Growth Forecast:75% p.a.\nCipher Mining, significantly undervalued at 76.5% below its estimated fair value, is on a trajectory to profitability within three years, outpacing average market growth expectations. Despite facing shareholder dilution and possessing less than a year of cash runway, the company\'s revenue has surged by an impressive rate over the past year and is projected to grow at 35.5% annually. Recent operational results include producing 316 BTC in March 2024, with ongoing adjustments in treasury management evidenced by the sale of 8 BTC.\n• Unlock comprehensive insights into our analysis of Cipher Mining stock in this growth report.\n• Insights from our recent valuation report point to the potential overvaluation of Cipher Mining shares in the market.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:Victory Capital Holdings, Inc. operates globally as an asset management firm, with a market capitalization of approximately $3.15 billion.\nOperations:The firm generates revenue primarily through providing investment management services and products, totaling $821.03 million.\nInsider Ownership:12.1%\nEarnings Growth Forecast:28.1% p.a.\nVictory Capital, a diversified asset management firm with US$175 billion in client assets, recently announced a strategic alliance with Amundi, integrating Amundi US into its operations. This move not only increases Victory Capital\'s scale and diversifies its investment capabilities but also makes Amundi a significant shareholder, enhancing global distribution potential. Despite high debt levels and unstable dividend records, the company is positioned for substantial growth with forecasted earnings growth of 28.1% annually, outpacing the US market average of 14.4%.\n• Get an in-depth perspective on Victory Capital Holdings\' performance by reading our analyst estimates report here.\n• In light of our recent valuation report, it seems possible that Victory Capital Holdings is trading behind its estimated value.\n• Dive into all 135 of theFast Growing Companies With High Insider Ownershipwe have identified here.\n• Hold shares in these firms?Setup your portfolio in Simply Wall Stto seamlessly track your investments and receive personalized updates on your portfolio\'s performance.\n• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.\n• Explorehigh-performing small cap companiesthat haven\'t yet garnered significant analyst attention.\n• Fuel your portfolio withcompanies showing strong growth potential, backed by optimistic outlooks both from analysts and management.\n• Findcompanies with promising cash flow potential yet trading below their fair value.\nThis article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities.\nCompanies discussed in this article includeNasdaqCM:WULFNasdaqGS:CIFRandNasdaqGS:VCTR.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, [email protected]', 'Hanging in the back of your car. Piled in clean, white shirt boxes. Whispering by your hand in the closet, sporting clingy plastic and the promise of looking your best that day.\nDry cleaning has been a part of professional life for middle-class America for a century.\nIts future is more in doubt than ever, with challenges from regulatory issues related to laundry, the blow of COVID work stoppage and the burgeoning trend toward casual, comfortable clothing.\nEagle\xa0Cleaners in Penfield offers full service, including pick up and delivery. All the laundry is done on site. Also, they have the only 24/7 drop-off or pick-up kiosk in Upstate New York. A conveyer belt delivers clothes through a glass door.\nWhen the pandemic appeared, Michael Micciche at Eagle Cleaners lost 75% of his business. "We’re still climbing back, and we’re not back to where we were before COVID," he said.\nSome of his struggles have come from the increased prices from vendors and manufacturers. The prices have tripled. Insurance expenses have also tripled. His operating costs have increased by between 30% and 50%.\nThese are the kinds of challenges that worry people in the industry, including in Rochester.\nThe COVID-19 pandemic might have been the tipping point.\n“After the pandemic we’ve noticed more people working from home, so their wardrobe has changed because they’re going into the office less," Micciche said.\nThe clothes are more casual, and people request more wash-and-fold services.\nEagle Cleaners has one single location. They use eco-friendly chemicals such as GreenEarth.\nAll the older cities in America that are not rapidly growing, as a place like Houston or Atlanta is, will see a decline in the number of dry cleaning businesses, predicted Todd Hellman. He is president of Speedy\'s Cleaners in Rochester, which has eight total locations in the region.\nFor instance, just this month, a cleaner in western New York is shutting its doors — John Ash Cleaners in Olean. By May 1, the business will be closed.\nIf you need a shirt for work or for an event, you can wash it yourself and pay for the detergent and water and long-term investment in the washing machine. You can dry it yourself and pay for the dryer sheet and long-term investment in the dryer. You can iron it, if you can find a place to stash the ironing board when you are done.\nAnd you can spend the time. Or you can get it all done, and starched, for $4.25.\nLisa Maio, co-owner at Dryclean Express in Fairport, offers drop off, pick up and delivery and has two locations, which includes a plant and a drop store. They use eco-friendly chemicals.\nWedding season is still big, she said. The beginning of the year was busier in 2024 than in previous years.\n"We’re hanging in there," she said. The business was started three decades ago. "We’re coming back now since COVID.”\nAmerican dry-cleaning and laundry establishments (not counting coin laundromats) dropped from 27,204 in 2001 to 16,497 in 2022, data from theUS Bureau of Labor Statisticsshow.\nHellman broke it down for the Democrat and Chronicle:\n• If you have a plant for each of your branches, you\'re done. You can\'t afford the cost.\n• Closing or consolidation is part of the game. Speedy\'s Cleaners has bought three spots in the last three years — including Erwin\'s in Mendon — and plans to buy three more. "What we do is we shut their plants," Hellman explained. "We turn them into drop stores."\n• A single plant with a counter-retail front will survive if the owner\'s willing to put all their hours into it. Checking the stuff in themselves, pressing the clothes themselves. "Then he can make a good living because he\'s doing all the work," Hellman said. "If you\'re a hard worker, you could probably still establish yourself. But it\'s entrenched. We almost never think of putting a new facility somewhere."\n• Owners are aging.\n• The industry is moving toward delivery only.\n"Our long-term viability is in question to be honest with you," he said. "If you look at the decisions we\'re making — It\'s based on survival. There\'s some people I know that are going to survive. They\'re young. They do everything themselves. They still have that buoyant energy and they\'ve done some things right. But there\'s some of us who are not gonna survive, including maybe us one day."\n"For now, we\'re making all the right moves. We\'re the only people taking anybody over in the last five years in the city."\nIf someone wants to invest in the industry in western New York?\nBuy Bitcoin instead, Hellman said.\nWilliam Ramsey is an editor with the Democrat and Chronicle.\nThis article originally appeared on Rochester Democrat and Chronicle:Dry cleaning in Rochester survived COVID, mostly. What is its future?', '• Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.\n• Investor are increasingly taking direct custody of their coins, Bitfinex added.\nBitcoin\'s {{BTC}} recent mining reward halving has altered the market in such a way that it could potentially lead to cryptocurrency\'s demand being five times greater than that of supply, according to the latest projection by analysts at the crypto exchange Bitfinex.\nOn Saturday, the per-block reward paid to miners was cut in half to 3.125 BTC from 6.25 BTC. Per Bitfinex, the halving of rewards means the notional value of the total number of new coins added to the supply daily could drop to $30 million. That\'s a significant decrease, equating to five times less than the average daily demand for the U.S. spot ETFs.\n"With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based on issuance trends. It is expected that this could possibly drop over time to $30 million per day, including active and dormant supply as well as miner selling, especially as smaller miner operations are forced to shut down shop," analysts at Bitfinex said in a report shared with CoinDesk.\n"The average daily net inflows from spot Bitcoin ETFs dwarf that number at over $150 million, even though flows have moderated and even turned net negative over recent weeks," analysts added.\nThe supply squeeze has already begun. Since halving, the total number of new coins added to the supply daily has dropped to 450 BTC (nearly $30 million) from the pre-halving four-year average of around 900 BTC, data from Glassnode show.\nNearly a dozen spot-based ETFs began trading in the U.S. on Jan. 11, allowing investors to take exposure to cryptocurrency without owning it. Bitfinex is assuming that the average daily inflows into ETFs since inception will remain constant in the coming months.\nWhile it remains to be seen if they do, miner selling could slow. Miners or entities responsible for minting coinsran downtheir coin inventory in months leading up to the halving to fund equipment upgrades to ensure post-halving sustainability of operations. Data tracked byGlassnodeshow that in six months leading up to the halving, the number of coins held in wallets tied to miners fell by over 18,000 BTC to 1.82 million BTC.\nLastly, according to Bitfinex, investors are again increasingly taking direct custody of their coins, weakening the market\'s supply side.\n"Current on-chain data indicates that Bitcoin exchange outflows are reaching peaks not seen since January 2023, suggesting that many investors are moving their holdings to cold storage in anticipation of price increases," analysts at Bitfinex said.\n"Meanwhile, the active selling by long-term holders has not precipitated the typical pre-halving price drop yet, indicating a robust absorption of this selling pressure by new market entrants," analysts added.\nBitcoin changed hands at $66,660 at press time, up over 5% since halving, defying expectations of a price correction. The CoinDesk 20 Index, a broader market gauge, has risen nearly 7%,CoinDesk data show.', '• Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.\n• Investor are increasingly taking direct custody of their coins, Bitfinex added.\nBitcoin\'s {{BTC}} recent mining reward halving has altered the market in such a way that it could potentially lead to cryptocurrency\'s demand being five times greater than that of supply, according to the latest projection by analysts at the crypto exchange Bitfinex.\nOn Saturday, the per-block reward paid to miners was cut in half to 3.125 BTC from 6.25 BTC. Per Bitfinex, the halving of rewards means the notional value of the total number of new coins added to the supply daily could drop to $30 million. That\'s a significant decrease, equating to five times less than the average daily demand for the U.S. spot ETFs.\n"With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based on issuance trends. It is expected that this could possibly drop over time to $30 million per day, including active and dormant supply as well as miner selling, especially as smaller miner operations are forced to shut down shop," analysts at Bitfinex said in a report shared with CoinDesk.\n"The average daily net inflows from spot Bitcoin ETFs dwarf that number at over $150 million, even though flows have moderated and even turned net negative over recent weeks," analysts added.\nThe supply squeeze has already begun. Since halving, the total number of new coins added to the supply daily has dropped to 450 BTC (nearly $30 million) from the pre-halving four-year average of around 900 BTC, data from Glassnode show.\nNearly a dozen spot-based ETFs began trading in the U.S. on Jan. 11, allowing investors to take exposure to cryptocurrency without owning it. Bitfinex is assuming that the average daily inflows into ETFs since inception will remain constant in the coming months.\nWhile it remains to be seen if they do, miner selling could slow. Miners or entities responsible for minting coinsran downtheir coin inventory in months leading up to the halving to fund equipment upgrades to ensure post-halving sustainability of operations. Data tracked byGlassnodeshow that in six months leading up to the halving, the number of coins held in wallets tied to miners fell by over 18,000 BTC to 1.82 million BTC.\nLastly, according to Bitfinex, investors are again increasingly taking direct custody of their coins, weakening the market\'s supply side.\n"Current on-chain data indicates that Bitcoin exchange outflows are reaching peaks not seen since January 2023, suggesting that many investors are moving their holdings to cold storage in anticipation of price increases," analysts at Bitfinex said.\n"Meanwhile, the active selling by long-term holders has not precipitated the typical pre-halving price drop yet, indicating a robust absorption of this selling pressure by new market entrants," analysts added.\nBitcoin changed hands at $66,660 at press time, up over 5% since halving, defying expectations of a price correction. The CoinDesk 20 Index, a broader market gauge, has risen nearly 7%,CoinDesk data show.', 'Just about everyone agrees that the no-brainer cryptocurrency to buy right now isBitcoin(CRYPTO: BTC). Not only is Bitcoin getting a huge lift from the recent introduction of the new spot Bitcoin ETFs, there\'s also thehalving, which is generally viewed as a very bullish catalyst. Combined, these two factors should continue to send Bitcoin higher this year.\nBut don\'t sleep on the rest of the crypto market. Previous Bitcoin halving cycles have led to huge, once-in-a-lifetime gains for topaltcoinsas well. With that in mind, the one altcoin on my radar right now isSolana(CRYPTO: SOL).\nThe core investment thesis for Solana is that it has the potential to become the nextEthereum(CRYPTO: ETH). Both are smart contract blockchain networks, which makes them the core building blocks for everything that happens in the blockchain world. While Ethereum has been the undisputed market leader in this category for nearly a decade, Solana has already acquired the label of an "Ethereum-killer."\nIn terms of market cap, of course, Ethereum still dwarfs Solana. Ethereum has a market cap of $369 billion, while Solana has a market cap of $64 billion. But just one year ago, Solana\'s market cap was only $9 billion, so the gap is rapidly narrowing. A lot of that has to do with how fast Solana is growing across every major blockchain category. If this growth trajectory continues, Solana might one day overtake Ethereum.\nAnd it\'s not just me saying this. Some of the smartest people on Wall Street are saying this. Cathie Wood of Ark Invest, for example, has called Solana a faster, cheaper, and more efficient version of Ethereum. Basically, anything that Ethereum can do, Solana can do better. As that message gets out to a wider audience, I think we\'re going to see a migration of users and developers from the Ethereum blockchain ecosystem to the Solana blockchain ecosystem.\nIf you look at institutional inflows and outflows of specific cryptocurrencies, the picture becomes even more compelling for Solana. According to CoinShares, which tracks these institutional inflows and outflows, Solana saw inflows throughout 2023, while Ethereum was seeing outflows. As they say, always follow the money. The smart money seems to be going to Solana.\nMy primary concern about Solana is that it seems to have cooled off considerably from the pace it set last year. In 2023, Solana soared more than 900%, making it easily one of the top-performing cryptos. This year, Solana is "only" up 45%. Of potentially greater concern, it is actually down 22% over the past 30 days.\nThat being said, Solana is currently trading 44% below its all-time high of $260, so there could be more upside potential ahead. If you buy into the concept of a rising tide lifting all boats, then the Bitcoin halving might be enough to help Solana regain its all-time high sooner than anyone expected.\nOne clue as to how much higher Solana might go in this Bitcoin halving cycle actually comes from Ethereum. During the previous Bitcoin halving cycle in 2020, Ethereum turned in an absolutely heroic performance. It was the altcoin to own if you wanted to see truly life-changing gains in your portfolio. On May 11, 2020 (the date of the third Bitcoin halving), Ethereum was trading for $185. One year later, it was trading for $3,720. That\'s an incredible 20x return on your investment in just 12 months!\nThat\'s not to say that Solana is going to 20x in value after this Bitcoin halving, but it does give you an idea of just how much of an effect the halving can have on specific altcoins. Too many investors assume that the Bitcoin halving only benefits Bitcoin, but nothing could be further from the truth.\nBut there are some potential red flags for Solana. For example, the blockchain still has occasional outages that can last for hours at a time. While Solana says it is working on this, this is an issue that has persisted for nearly two years. The other red flag is that much of the growth at Solana appears to be driven by speculative meme coin mania. Over the long term, that\'s not sustainable.\nIf you are thinking about investing in Solana, the one question to ask yourself is: Can Solana really become the next Ethereum? If the answer is "Yes," then this is absolutely the one cryptocurrency that you should be buying right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now (Hint: It\'s Not Bitcoin)was originally published by The Motley Fool', 'Just about everyone agrees that the no-brainer cryptocurrency to buy right now isBitcoin(CRYPTO: BTC). Not only is Bitcoin getting a huge lift from the recent introduction of the new spot Bitcoin ETFs, there\'s also thehalving, which is generally viewed as a very bullish catalyst. Combined, these two factors should continue to send Bitcoin higher this year.\nBut don\'t sleep on the rest of the crypto market. Previous Bitcoin halving cycles have led to huge, once-in-a-lifetime gains for topaltcoinsas well. With that in mind, the one altcoin on my radar right now isSolana(CRYPTO: SOL).\nThe core investment thesis for Solana is that it has the potential to become the nextEthereum(CRYPTO: ETH). Both are smart contract blockchain networks, which makes them the core building blocks for everything that happens in the blockchain world. While Ethereum has been the undisputed market leader in this category for nearly a decade, Solana has already acquired the label of an "Ethereum-killer."\nIn terms of market cap, of course, Ethereum still dwarfs Solana. Ethereum has a market cap of $369 billion, while Solana has a market cap of $64 billion. But just one year ago, Solana\'s market cap was only $9 billion, so the gap is rapidly narrowing. A lot of that has to do with how fast Solana is growing across every major blockchain category. If this growth trajectory continues, Solana might one day overtake Ethereum.\nAnd it\'s not just me saying this. Some of the smartest people on Wall Street are saying this. Cathie Wood of Ark Invest, for example, has called Solana a faster, cheaper, and more efficient version of Ethereum. Basically, anything that Ethereum can do, Solana can do better. As that message gets out to a wider audience, I think we\'re going to see a migration of users and developers from the Ethereum blockchain ecosystem to the Solana blockchain ecosystem.\nIf you look at institutional inflows and outflows of specific cryptocurrencies, the picture becomes even more compelling for Solana. According to CoinShares, which tracks these institutional inflows and outflows, Solana saw inflows throughout 2023, while Ethereum was seeing outflows. As they say, always follow the money. The smart money seems to be going to Solana.\nMy primary concern about Solana is that it seems to have cooled off considerably from the pace it set last year. In 2023, Solana soared more than 900%, making it easily one of the top-performing cryptos. This year, Solana is "only" up 45%. Of potentially greater concern, it is actually down 22% over the past 30 days.\nThat being said, Solana is currently trading 44% below its all-time high of $260, so there could be more upside potential ahead. If you buy into the concept of a rising tide lifting all boats, then the Bitcoin halving might be enough to help Solana regain its all-time high sooner than anyone expected.\nOne clue as to how much higher Solana might go in this Bitcoin halving cycle actually comes from Ethereum. During the previous Bitcoin halving cycle in 2020, Ethereum turned in an absolutely heroic performance. It was the altcoin to own if you wanted to see truly life-changing gains in your portfolio. On May 11, 2020 (the date of the third Bitcoin halving), Ethereum was trading for $185. One year later, it was trading for $3,720. That\'s an incredible 20x return on your investment in just 12 months!\nThat\'s not to say that Solana is going to 20x in value after this Bitcoin halving, but it does give you an idea of just how much of an effect the halving can have on specific altcoins. Too many investors assume that the Bitcoin halving only benefits Bitcoin, but nothing could be further from the truth.\nBut there are some potential red flags for Solana. For example, the blockchain still has occasional outages that can last for hours at a time. While Solana says it is working on this, this is an issue that has persisted for nearly two years. The other red flag is that much of the growth at Solana appears to be driven by speculative meme coin mania. Over the long term, that\'s not sustainable.\nIf you are thinking about investing in Solana, the one question to ask yourself is: Can Solana really become the next Ethereum? If the answer is "Yes," then this is absolutely the one cryptocurrency that you should be buying right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now (Hint: It\'s Not Bitcoin)was originally published by The Motley Fool', 'GZIRA,Malta,April 23, 2024/PRNewswire/ --SOFTSWISS,a leading global software supplierwith 15 years of experience, announces the appointment of racing legend Rubens Barrichello as its Non-Executive Director inLatin America.Barrichello\'s victorious Formula 1 legacy, coupled with his influential persona, will be crucial in furthering SOFTSWISS\' mission to authentically connect with the local tech community and build a robust presence in the region.\nAs a top performer in an extremely competitive tech sphere, Rubens Barrichellobrings leadership wisdom and best teamwork practices to the SOFTSWISS table.His deep-rooted experience in sports will provide SOFTSWISS with valuable insights to elevate its sportsbettingplatform and other products to new heights, continuing the company\'s contribution to reshaping the iGaming industry with innovations. Also, in his commitment to effecting positive change,\xa0Barrichello will advocate responsiblegamblingalongside SOFTSWISS experts.\nThe appointment of Rubens Barrichello is the next strategic step for SOFTSWISS inLatin America, especially inBrazil\'sfast-growing market. According to TGM Research, the gross revenue of the iGaming industry inBrazilis estimated to be2.3\xa0billion euro by 2026, having the potential to represent 1% ofBrazil\'sGross Domestic Product (GDP) of1.5 trillion euro.\nIvan Montik, Founder of SOFTSWISS,comments: "SOFTSWISS welcomes Rubens Barrichello on board! Having him join our team is a strategic step for us. Barrichello\'s collaborative prowess on the racing track in a highly competitive tech sphere, resulting in team victories, mirrors SOFTSWISS\' partnership approach. His involvement testifies to our commitment toBraziland helps us adapt the best global practices to the local market."\nRubens Barrichello, Non-Executive Director inLatin Americaat SOFTSWISS,adds: "The iGaming field has shown remarkable growth both inBraziland globally. Joining SOFTSWISS, I am delighted to become one of the drivers of this process inLatin America! I am sure my background with the leading racing team will propel the iGaming tech leader towards success in the region."\nAbout SOFTSWISS\nSOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based inMalta,PolandandGeorgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. In 2013, SOFTSWISS was the first in the world\xa0to introduce aBitcoin-optimised iGaming solution.\nPhoto -https://mma.prnewswire.com/media/2394014/Barrichello_Joins_SOFTSWISS.jpg\nView original content to download multimedia:https://www.prnewswire.com/news-releases/racing-icon-barrichello-joins-tech-company-softswiss-as-non-executive-director-in-latin-america-302124398.html\nSOURCE SOFTSWISS', "As you may have heard, the halving ofBitcoin(CRYPTO: BTC)means that mining the coin will yield half as many tokens as before. Many people expect that this will drive the cryptocurrency's price upward, as supply growth slows.\nBut the halving isn't the only factor potentially lifting Bitcoin prices over time. Here are three other elements you may not have considered that strengthen the bull case for investing.\nEveryone's acquainted withinflationby now. The precise figures don't even matter much: Prices are higher, and dollars simply don't go as far as they used to. The expectation that this will continue is real, at least for the moment.\nJust look at this chart:\nThe psychological shock of inflation during the past few years will doubtlessly continue to change investing and spending habits. Investors and households allocating more capital to stable assets that can retain their value is a given. But traditional safe haven assets like real estate are extraordinarily expensive relative to incomes at the moment due to theFederal Reserve's policy of using higher interest rates to tamp down on inflation.\nOther somewhat stable assets, like gold, are on a tear right now too:\nStill, the average investor may feel ill-equipped to buy precious metals. Transacting in physical gold is a fairly high-friction process, and buying equities or other financialized assets based on gold may not provide the level of control over the asset that investors desire.\nBitcoin, however, has no such drawbacks. Many people can buy it right from their brokerage accounts now thanks to exchange-traded funds (ETFs) like theGrayscale Bitcoin Trust, though for those who prefer to retain full custody of their coins, it's still a touch more complicated.\nIs Bitcoin an actual hedge against inflation? The issue isn't clear at all, and the jury will be out for at least a few more years. The more important thing is that there are people who believe it's a hedge, and that population appears to be growing, which will put some upward pressure on the coin's price.\nBitcoin isn't an obscure technology project anymore. It's mainstream, and becoming increasingly widely distributed. The benefits of this process have only started to pay off in terms of a higher coin price.\nWall Street banks are now involved in complicated financial engineering schemes to legally trade it via ETFs, and Main Street investors are buying it to hold for upside exposure over the long term. Financial technology companies are building projects on blockchains left and right. And regulators at the Securities and Exchange Commission (SEC) are working with market participants to construct the frameworks for defining fair play.\nIn other words, Bitcoin's level of social proof is only growing. Enough people are willing to accept that it's a store of value that it is now unreasonable to say that it has no real value.\nWhat's especially favorable is that Bitcoin's protocol is quite difficult to alter, as consensus among many disparate parties would be necessary to do so. So the risk of unfavorable and value-destroying changes happening is low, which makes it a more appealing platform for conservative investors and speculators alike.\nIt's obvious that Bitcoin is a frontier risk asset. Its price is perennially volatile in part because there is no consensus about how it should be valued.\nBut its supply is finite, and this halving won't be the last one for Bitcoin. There are only 21 million Bitcoins that can ever exist. ByCoinbase's estimates, all of the mineable Bitcoins will be mined by the year 2140.\nAt that point, price discovery will have a chance to reach a long-term equilibrium. Until then, assuming that demand continues to exist, the price is much more likely to rise over time than to fall to zero.\nIn the shorter term, people's appetite for risk taking will be an adequate driver of demand. As shown by the meteoric rise of sports betting applications and investing in highly speculative cryptocurrencies like meme coins, investors are looking for the opportunity to pay a small amount and get a huge amount in return -- or zero.\nBitcoin's reputation as a risky asset makes it the obvious contender for capturing some of those inflows, and for those willing to hold it for the long term, it's also likely a better option than the riskier plays.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Key Factors Other Than the Halving That Will Drive Bitcoin Higher Until the Cows Come Homewas originally published by The Motley Fool", "As you may have heard, the halving ofBitcoin(CRYPTO: BTC)means that mining the coin will yield half as many tokens as before. Many people expect that this will drive the cryptocurrency's price upward, as supply growth slows.\nBut the halving isn't the only factor potentially lifting Bitcoin prices over time. Here are three other elements you may not have considered that strengthen the bull case for investing.\nEveryone's acquainted withinflationby now. The precise figures don't even matter much: Prices are higher, and dollars simply don't go as far as they used to. The expectation that this will continue is real, at least for the moment.\nJust look at this chart:\nThe psychological shock of inflation during the past few years will doubtlessly continue to change investing and spending habits. Investors and households allocating more capital to stable assets that can retain their value is a given. But traditional safe haven assets like real estate are extraordinarily expensive relative to incomes at the moment due to theFederal Reserve's policy of using higher interest rates to tamp down on inflation.\nOther somewhat stable assets, like gold, are on a tear right now too:\nStill, the average investor may feel ill-equipped to buy precious metals. Transacting in physical gold is a fairly high-friction process, and buying equities or other financialized assets based on gold may not provide the level of control over the asset that investors desire.\nBitcoin, however, has no such drawbacks. Many people can buy it right from their brokerage accounts now thanks to exchange-traded funds (ETFs) like theGrayscale Bitcoin Trust, though for those who prefer to retain full custody of their coins, it's still a touch more complicated.\nIs Bitcoin an actual hedge against inflation? The issue isn't clear at all, and the jury will be out for at least a few more years. The more important thing is that there are people who believe it's a hedge, and that population appears to be growing, which will put some upward pressure on the coin's price.\nBitcoin isn't an obscure technology project anymore. It's mainstream, and becoming increasingly widely distributed. The benefits of this process have only started to pay off in terms of a higher coin price.\nWall Street banks are now involved in complicated financial engineering schemes to legally trade it via ETFs, and Main Street investors are buying it to hold for upside exposure over the long term. Financial technology companies are building projects on blockchains left and right. And regulators at the Securities and Exchange Commission (SEC) are working with market participants to construct the frameworks for defining fair play.\nIn other words, Bitcoin's level of social proof is only growing. Enough people are willing to accept that it's a store of value that it is now unreasonable to say that it has no real value.\nWhat's especially favorable is that Bitcoin's protocol is quite difficult to alter, as consensus among many disparate parties would be necessary to do so. So the risk of unfavorable and value-destroying changes happening is low, which makes it a more appealing platform for conservative investors and speculators alike.\nIt's obvious that Bitcoin is a frontier risk asset. Its price is perennially volatile in part because there is no consensus about how it should be valued.\nBut its supply is finite, and this halving won't be the last one for Bitcoin. There are only 21 million Bitcoins that can ever exist. ByCoinbase's estimates, all of the mineable Bitcoins will be mined by the year 2140.\nAt that point, price discovery will have a chance to reach a long-term equilibrium. Until then, assuming that demand continues to exist, the price is much more likely to rise over time than to fall to zero.\nIn the shorter term, people's appetite for risk taking will be an adequate driver of demand. As shown by the meteoric rise of sports betting applications and investing in highly speculative cryptocurrencies like meme coins, investors are looking for the opportunity to pay a small amount and get a huge amount in return -- or zero.\nBitcoin's reputation as a risky asset makes it the obvious contender for capturing some of those inflows, and for those willing to hold it for the long term, it's also likely a better option than the riskier plays.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Key Factors Other Than the Halving That Will Drive Bitcoin Higher Until the Cows Come Homewas originally published by The Motley Fool", 'CHICAGO, MILWAUKEE and NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of theYieldMax™ Bitcoin Option Income Strategy ETF (NYSE Arca: YBIT).\nYBITseeks to generate current income via a synthetic covered call strategy on one or more select U.S.-listed exchange-traded products that seek exposure to Bitcoin (each a “Bitcoin ETP”).YBITis actively managed by ZEGA Financial.\nWhen selecting Bitcoin ETPs on which to trade options, ZEGA focuses primarily on Last 60 Days of Bitcoin's Closing Prices: [50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-23 Financial & Commodity Data: - Gold Closing Price: $2327.70 - Crude Oil Closing Price: $83.36 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,305,205,570,594 - Hash Rate: 721458957.5903468 - Transaction Count: 927010.0 - Unique Addresses: 441797.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks dropped on Monday as investors await a key February inflation report. • The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates. • CPI year-over-year is expected to hit 3.1%, which is just above the Fed's long-term 2% target. US stocks slipped on Monday as investors awaited the release of a key inflation report. The February CPI report will be released Tuesday morning, and it will help inform investors when the Federal Reserve might cut interest rates. The median forecast suggests year-over-year CPI will hit 3.1%, which still above the Fed's long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would be in line with the hotter-than-expected January CPI report. "We lean towards this being a 'hot' CPI print, meaning the inflation for Feb core CPI likely is above the Street's +0.30% MoM," Fundstrat's Tom Lee told clients in a note on Monday. If the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: • S&P 500:5,110.11, down 0.26% • Dow Jones Industrial Average:38,665.47, down 0.15% (-57.22 points) • Nasdaq Composite:16,005.57, down 0.45% Here's what else is going on today: • Bitcoin hit a record high on Monday when it jumped above the $72,000 level. The upcoming halving event has generated excitement for the cryptocurrency. • Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines. • No interest rate cuts in 2024 wouldn't spell doom for the broader stock market,according to billionaire investor Ken Fisher. In commodities, bonds, and crypto: • West Texas Intermediatecrude oil fell 0.54% to $77.59 a barrel.Brent crude, the international benchmark, dropped 0.39% to $81.76 a barrel. • Golddeclined by 0.06% to $2,184.10 per ounce. • The 10-year Treasury yield was flat at 4.08%. • Bitcoinjumped 4.67% to $72,244. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/TypicalAd3689', '🫡', 36, '2024-04-23 01:04', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', 'Strap in yall $BTC is looking good and $CKB is holding steady. ', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', '1cap02q', [['u/zan1019', 11, '2024-04-23 02:11', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0tesj7/', "Ready for liftoff, going to be an exciting end of the year going into '25", '1cap02q'], ['u/Jolly_Schedule5772', 11, '2024-04-23 04:06', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0twaoc/', "If meme coins can have +40B market caps, I think CKB can, too. Especially because it brings so much more value to btc, which all coins follow in price trends already. The killer is that ckb is not even built specifically to be a btc L2, but it is perfect for that job naturally. It's an L1 that brings more to the table than many 50B L1's even do.\n\nTime is the only thing in question here tbh.", '1cap02q']]], ['u/Top_Personality_6560', 'Can someone explain why quantum computing is not a threat?', 169, '2024-04-23 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', 'For the record, I’m a big believer in bitcoin and plan to hold for the long term. However, I do think quantum computing poses a significant risk. I hear people discuss that we will simply switch to a quantum proof hashing algorithm when the time comes which is fine.\n\nHowever, everyone seems to gloss over the dead coins that will not be updated to these algorithms making them vulnerable. These coins (including satoshis) will most likely be stolen and dumped on the market crashing the price. (Governments will likely have incentive to do this as well.)\n\nI understand this won’t happen until at least 5-10 years from now, but knowing that the event WILL occur at some point does seem to be concerning. Can someone please explain why this is not a threat for a long term investor (my plan is to never stop DCAing).', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', '1capl5y', [['u/volocom7', 477, '2024-04-23 01:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9p54/', 'A computational advancement that could break the security of Bitcoin would also be able to break every other cyber security on the planet. This includes your standard banks.\n\nBitcoin would be the last of your problems. \n\nBecause of this, I view it as negligible. To me it’s the same as saying what if a comet destroyed the earth and everyone on it? Bitcoin would be dead!', '1capl5y'], ['u/Top_Personality_6560', 27, '2024-04-23 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9y90/', 'I do agree with you. But banks and all other centralized systems can upgrade after the vulnerability is discovered. Bitcoins dead coins do not have that luxury. That’s the primary concern to me.', '1capl5y'], ['u/iratezero', 57, '2024-04-23 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tauyf/', 'You just answered your own question. Bitcoin can be updated (with consensus) to be quantum resistant in the same way.', '1capl5y'], ['u/pdx1086', 40, '2024-04-23 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tbvqc/', 'Andreas has covered this question ad nauseam. multiple vids on yt', '1capl5y'], ['u/Tvmouth', 16, '2024-04-23 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tc2mi/', 'Quantum Computing is being treated like a new type of spyglass that looks into the future, but the technology interface is more like using a spyglass as a shelf.', '1capl5y'], ['u/ElDubardo', 11, '2024-04-23 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tlaxv/', 'Bitcoin can be updated and backtracked to a block before a quantum attack.', '1capl5y'], ['u/zzx101', 22, '2024-04-23 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tnyfe/', 'This is a good point. Conceptually, I agree there doesn’t seem to be way to secure “dead” addresses.\n\nI also don’t believe we’re 5-10 years away from this technology. Seems something like 50-100 years.', '1capl5y'], ['u/mastermilian', 16, '2024-04-23 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tp844/', "Technically speaking any code can be fixed but it's the logistics that make things difficult. For example, if there was a viable attack against existing addresses and their private keys, how would a migration occur? What would happen to lost/dead addresses that didn't migrate? If you had a cut-off date, many people would inevitably miss it and lose their coins. This isn't the same problem as a centralized bank would have. Centralized systems are going to have a lot less challenges and worst case can shut down their systems until the problem is resolved.", '1capl5y'], ['u/heyitscory', 82, '2024-04-23 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpf6k/', 'Yikes, it\'s like the thumbs up test with the mushroom cloud.\n\n\n"Of course it\'s nothing to worry about. Because if it happens, we\'re fucked."', '1capl5y'], ['u/taribor', 32, '2024-04-23 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpnv9/', 'Qantum computing is a threat vector in anywhere from 2-10 years. To deny/ignore that is a serious mistake in my humble opinion. There are projects out there (disclaimer - I own QANX, a layer one quantum project but there are others as well) working to address it and if you talk to cryptographers, there are ways to mitigate near term attacks, but they involve hard forks and do nothing to secure dormant btc wallets. NSC has been on top of it as well. The old argument "when quantum hacks come we are all screwed anyway" is simply not true. Longer term, it is the old sword and shield analogy.....hackers will hack and cybersecurity will catch up, and the cycle will go on. Personally, I don\'t dwell on it but when I see intel agencies and countries taking it seriously, so do I.', '1capl5y'], ['u/F0rtysxity', 12, '2024-04-23 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ttkd0/', "A) as other pointed out it would/could destroy any computational records.\n\nB) devs (with miners) could always agree to roll back the Bitcoin ledger to the date before the 'hack' occurred. They could develop a new level of encryption and then fork the Bitcoin ledger at the kosher date. It would be messy. Any legitimate transactions made after that date would be lost. But believe that would be the way to go about it.", '1capl5y'], ['u/analogOnly', 17, '2024-04-23 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tw998/', "> but it's the logistics that make things difficult.\n\nNot really, EVERYONE's bitcoin would be at stake. So there's A LOT of incentive to fix it before it becomes a real problem. \nThere are several quantum resistant and quantum proof algorithms that can be utilized. It would require a hardfork, but given the danger I think it wouldn't be difficult to get consensus of everyone on the new fork.", '1capl5y'], ['u/ju5tjame5', 11, '2024-04-23 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u2spn/', "I believed this as well before I did more research. For the past decade or so, they've been in the process of upgrading everything to a different form of encryption that can't be broken by quantum computing.", '1capl5y'], ['u/LongLonMan', 17, '2024-04-23 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u43gy/', 'It’s closer than you think', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u92r2/', 'Bingo. This is the perfect response to a lazy parroted answer likely given by someone who knows nothing about SHA-256. \n\nBanks can upgrade overnight because they are centralized and can also reverse transactions, while Bitcoin has to fight another fork war for years before this gets decided, with no way to reverse the transactions from theft that happened during this interim period. \n\nThe fact that guy compared cracking SHA-256 to a comet wiping out the earth is just absolutely comical, especially when it’s guaranteed to happen by the end of this decade. \n\nYou asked a super legitimate question and of course, you’re getting lazy answers that parrot the mainstream view from people who know absolutely nothing about encryption and parrot what they heard from their local crypto trading bro.', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u9b1s/', 'The banks could adopt this overnight, but Bitcoiners would have to fight a multi year fork war to decide whose solution to the quantum problem is the best. Decentralization is great for censorship resistant, but not so great at dealing with existential threats because of the collective action problem.', '1capl5y'], ['u/BigTimeButNotReally', 14, '2024-04-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uc80z/', "Said every tech person, about every tech thing ever. I've got news for you: it's farther off than you think.", '1capl5y'], ['u/Ok-Two3581', 21, '2024-04-23 06:09', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0udav8/', 'This comment is absolutely irrelevant. Quantum computers don’t need to operate at 0K. What the fuck are you talking about?', '1capl5y'], ['u/Yung-Split', 10, '2024-04-23 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uewmm/', "Or if you have old ass btc from 2009 that hasn't moved, which is... a lot of it unsurprisingly", '1capl5y'], ['u/saucedonkey', 28, '2024-04-23 06:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ufn2k/', 'There aren’t enough squarbeeziels in the schlampulator to invert the hybernetic quapulator.', '1capl5y'], ['u/kombosorg', 10, '2024-04-23 06:42', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uh928/', 'Quantum computing will bring quantum encryption.', '1capl5y'], ['u/appreciatescolor', 13, '2024-04-23 06:46', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uhn15/', 'I think this is a false dichotomy. Like every other technology that has purely theoretical and disastrous risks, lots of work is put in on multiple levels to create safe implementation into society as it advances. Obviously there are risks involved with any powerful tool, but it’s certainly not the first time we’ve prophesied that a piece of tech will be ‘the end of all things.’', '1capl5y'], ['u/Friendly-Western-677', 10, '2024-04-23 08:17', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uqnhl/', 'So much speculation here and so little knowledge...', '1capl5y']]], ['u/142NonillionKelvins', 'Bitcoin is a self fulfilling prophecy', 81, '2024-04-23 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/', 'I feel like this isn’t thought about/discussed enough in the bitcoin community.\n\nIt’s absolutely a positive feedback loop:\n\n1. People hear about Bitcoin and crazy gains from their friends/acquaintances\n2. They buy Bitcoin and HODL it after doing research to understand why it should be incredibly valuable in the future\n3. They come up with a plan to sell only a small portion of their stack at certain fiat value prices, with the intent of never selling all because they realize why this asset has the best growth opportunity no matter how big the market cap gets\n4. The holding and only selling a small percentage contributes to the growth of the asset\n5. New people hear about it and start at #1\n6. Existing users have their beliefs validated during this process and act as a new user by buying more at much higher prices than they ever previously bought in at', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/', '1caq069', [['u/swift_trout', 14, '2024-04-23 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tfrem/', 'Let’s start by saying nothing is absolute. \n\nBut yes those of us who bought in early were quite right.\n\nAnd now quite wealthy.', '1caq069'], ['u/clicksanything', 69, '2024-04-23 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tpkdy/', '"It might make sense just to get some bitcoin in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy." \n\n-Satoshi Nakamoto', '1caq069'], ['u/Reasonable_City', 39, '2024-04-23 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tqh32/', 'Bitcoin is what 401ks and social security were supposed to be.', '1caq069']]], ['u/samurai0', 'Bitcoin breakout nigh. ', 10, '2024-04-23 02:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/', 'Repeating stair stepping fractal. Take it or leave it. Breakout should be within the week. \n\nhttps://preview.redd.it/z2xqvlsxn4wc1.png?width=3660&format=png&auto=webp&s=c43f6b383ff9c1b2fd8501f532db03dd62460d04\n\n', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/', '1cari1z', [['u/im_astrid', 53, '2024-04-23 03:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tp8jx/', 'yeah but if this happens, we’re in uncharted territory for sure\n\nhttps://preview.redd.it/rnqluhawr4wc1.jpeg?width=1290&format=pjpg&auto=webp&s=14c18aec971dceebc8d653d00d517e77f2263abc', '1cari1z'], ['u/Efficient-Log-4425', 18, '2024-04-23 03:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tpvm8/', "You don't know shit", '1cari1z'], ['u/Pocket_Universe_King', 11, '2024-04-23 03:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0ts6me/', 'Duuuuuuude...it breaks out so much it actually goes back in time!', '1cari1z'], ['u/Inside-Winner2025', 43, '2024-04-23 03:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tsfy4/', 'Back in my day you would have been banned for this shit', '1cari1z']]], ['u/1TinyLemon', "Was Bitcoin's anonymity really at stake?", 16, '2024-04-23 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/', '(I speak Spanish, the information I am using was obtained in a video in Spanish which I will leave you in this post, and my English could be very bad lol)\n\n\n\nRecently I was investigating how they found several people responsible for black markets (lol) like alphabay or silk road, the thing is that watching a specific video (it lasts 30 minutes and explains the whole story with sources from the book Tracers in The Dark, by Andy Greenberg) explains in a specific part that the IP (protected by the Tor network) that hosted alphabay was discovered by a company called chainalysis, and with that information later organizations like the FBI crashed a car towards his house and arrested him lol, the thing is that according to the writer of the book (who is the main source of the video) chainalysis was not very clear in the way they found the IP address of alpha02 (the man who created alphabay) and the writer of the book theorizes that they supposedly managed to invent a technique capable of leaking the IP addresses of bitcoin users, and that the company had created its own collection of secret bitcoin nodes that were secretly designed to silently record the IP addresses that users transmitted with each transaction, and that created a global map with the physical location of bitcoin users (still connected to the tor network), however when the toxicity of the fact was discovered on bitcointalk, where they condemned it for "mass surveillance" and closed the experiment.\n\n\n\nThis is soooo wtf the person in the video doesn\'t think this is really possible and I also think it\'s very impossible, but what do you think?\n\n[The video (Spanish, 30 minutes, what I talk about is in minute 25)](https://www.youtube.com/watch?v=FpJMi_z9VyY)', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/', '1cas3l9', [['u/codece', 11, '2024-04-23 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/l0tz15c/', 'Both Silk Road and Alpha Bay were busted due to basic operational security errors on the part of their respective admins. Bitcoin\'s anonymity wasn\'t compromised, they compromised themselves. \n\nAlpha02 was an idiot who used the same hotmail e-mail address when setting up his site as his legit LinkedIn profile, computer repair business, and PayPal account He also had been using the same pseudonym "Alpha02" on clearnet forums before he started Alpha Bay. On top of that, the servers used for Alpha Bay were hosted in Canada and linked to his real name.\n\nLaw enforcement timed their arrest with an intentional LE led DDoS attack which temporarily shut the site down. They knew Alpha02 would immediately try to reboot the site. When they arrested him that\'s exactly what he was doing, on an unencrypted laptop no less, which also contained unencrypted documents detailing where he was hiding his money.', '1cas3l9']]], ['u/sdrive44', "Please Please Please Suggest a Motorsport Series That's Engaging to Watch", 15, '2024-04-23 04:52', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/', "I always watched racing casually but became hardcore after watching the race where Glock vs Paffet battled in DTM. Since then, I've dived into all forms of racing including F1, WEC, IMSA, NASCAR, BTCC, Supercars, Stock Car Brasi, TC2000, TCR..... \n\nBut I'm slowly losing the engagement. The races seem to drag on forever now, races are all about undercutting a pit stop to avoid battling, there's so much aero there's no battling at all and highlights only ever show crashes, crashes and more crashes.\n\nSo please help me!!! What motorsport series are left for me? Something that's like 20 minutes-ish long, flat out racing to the end, attacking, defending, setting up a pass, good clean hard racing and no watching cars rolling around under caution.", 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/', '1catw3c', [['u/CharacterAsleep458', 40, '2024-04-23 05:06', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/l0u58u4/', 'Mx5 cup is what you’re looking for. Lots of races for free on YouTube. Enjoy', '1catw3c'], ['u/Pillar-of-Autumn', 27, '2024-04-23 05:14', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/l0u6b7l/', "MotoGP\n\nyeah it's not cars but still throwing it out there cause motorsports\n\nRaces are much shorter compared to something like F1. No pit strategies cause pitting usually means you're out of the race. Every race kind of feels like an F1 sprint race.. but with waaaay more passing and you truly never know who's gonna win. Not only are the races themselves closer, but the championship usually comes down to the last couple races in a long season", '1catw3c']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, April 23, 2024', 38, '2024-04-23 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/', '1cav7il', [['u/Nichoros_Strategy', 11, '2024-04-23 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0uosva/', 'People be hatin\' hard out there on a neutral/unbiased, opened network. I just feels it in the air. Can only think, to what extent is it really by individual\'s own volition and logical thinking, or has some higher influences really got their minds so deeply by the balls? Ah well, way she goes.\n\n"Sometimes there is absolutely no difference at all between salvation and damnation."', '1cav7il'], ['u/Normal-Jelly607', 22, '2024-04-23 08:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0ur2k3/', 'I’m tired boss', '1cav7il'], ['u/TonyTuck', 14, '2024-04-23 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v4bbv/', 'Imagine my surprise', '1cav7il'], ['u/notagimmickaccount', 14, '2024-04-23 11:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v6vyx/', 'Well the epic sat is up for auction. \n\nhttps://www.coinex.com/en/halving-block-auction', '1cav7il'], ['u/phrenos', 11, '2024-04-23 11:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v7521/', 'The Ministry of Surprise thanks you for picking up the slack.', '1cav7il'], ['u/spinbarkit', 13, '2024-04-23 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vapzd/', 'what am I missing here', '1cav7il'], ['u/snek-jazz', 12, '2024-04-23 12:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vaukx/', '> Fungibility of Satoshi\'s threatens being lost through Ordinals/Runes,\n\nBut probably not in a way that matters. An ancient gold coin might be valued higher than a non-descript bar of the same amount of gold, but it doesn\'t really matter so long as the coin is always worth at least as much as the bar is.\n\n> The fundamental value proposition of Bitcoin is as a global currency. \n\nIt isn\'t, it\'s as money. None of us are buying it to use it as currency, MicroStrategy aren\'t buying it to use it as currency, no one buying an ETF share is doing so to use bitcoin as a currency. They\'re using it as the store-of-value function of money aka speculation (aka greater fool if you want to be derogatory). There\'s a possibility it one day moves beyond that, but it will need to be via higher layers (and the same is true for any other public blockchain since it will never be possible to have currency-level transactions on chain at scale, so the others you mention aren\'t threats in this aspect) which brings us to...\n\n> scalability is barely being talked about and the Lightning Network seems to be heading nowhere.\n\nIt is, perhaps you just haven\'t found the conversations. Lightning is still being developed and there\'s a bunch of other layer2 candidates - cashew, fediment and ZK-rollup based systems for example.\n\nWill any of them be ready for the use en-mass by the average Joe soon, or ever? I don\'t know, but bitcoin can continue the store-of-value adoption without them.\n\n> But there is nothing inevitable about it being BTC. \n\nYou\'re right, but the network effect at this point is pretty massive, and the alts are crabs in a bucket each pulling each other down. The more of them there are the more difficult it becomes for any of them to gain any attention or reach critical mass, and being the "shiny new one" is useless since there\'s always another even newer one around the corner. Most people gambling with any significant amount of funds in the alt-coin casino know this.', '1cav7il'], ['u/btchodler4eva', 21, '2024-04-23 13:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vh1ky/', 'Nothing. Degens in the process of getting rekt.', '1cav7il'], ['u/xtal_00', 19, '2024-04-23 13:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vk5de/', 'Clearly Bitcoin is dead.\n\nIf you’re looking for easy fiat riches you are going to have a tough time.\xa0\n\nWe could crab at 70k all year and then shoot up to 300k in 30 days.\xa0\n\nBitcoin has two long term states. Infinity or zero.', '1cav7il'], ['u/52576078', 13, '2024-04-23 14:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vkuec/', "What's wrong with you, man???", '1cav7il'], ['u/escendoergoexisto', 13, '2024-04-23 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vmgib/', 'Cue the H&S posts on the hourly candles. Don’t do it, Bitcoin.', '1cav7il'], ['u/amendment64', 29, '2024-04-23 14:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vozeh/', 'This shit is so dumb to me. Let BTC be money, stop clogging the network with all this receipt bullshit.', '1cav7il'], ['u/Magikarpeles', 21, '2024-04-23 14:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vpl31/', 'Usually when im this bored it dumps just to fuck with me', '1cav7il'], ['u/Cultural_Entrance312', 37, '2024-04-23 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vrmfv/', 'On the hourly BTC has broken out of the falling wedge. It is near the bottom of a nice little rising channel and has hit resistance around the old sloping resistance from the last pennant. RSI is at 44.1 (average 54.2) at time of writing. Current, nearby, resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 65.7, 64.1, 63, 61.7, 60.5 and 59.\n\nThe daily RSI is 49.5 and its average is currently at 46.9. A falling wedge is forming and BTC has bounced off the upper resistance of it. It’s possible that BTC could push through. It depend on if you consider 4/19 low close enough to be considered a touch. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA (67.5)and downward sloping resistance.\n\nBTC closed for the 3^(rd) week in a row red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.6 (78.3 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 71. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/HZd3YFYz/](https://www.tradingview.com/x/HZd3YFYz/)\n\nDaily: [https://www.tradingview.com/x/XfV8adls/](https://www.tradingview.com/x/XfV8adls/)\n\nWeekly: [https://www.tradingview.com/x/dxrGZq74/](https://www.tradingview.com/x/dxrGZq74/)\n\nMonthly: [https://www.tradingview.com/x/c0ed1KI2/](https://www.tradingview.com/x/c0ed1KI2/)', '1cav7il'], ['u/monkeyhold99', 10, '2024-04-23 15:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vx2ux/', '2 BTC…for one single satoshi..', '1cav7il'], ['u/I_AM_AN_AEROPLANE', 10, '2024-04-23 17:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0whpnl/', 'Yanks back to buyin! Nice!', '1cav7il'], ['u/Defacticool', 15, '2024-04-23 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wkoay/', 'better than selling without any buying', '1cav7il'], ['u/Aerith_Gainsborough_', 11, '2024-04-23 17:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wlee3/', 'I am getting a long signal, but waiting for a bit of retracement. Placed a long limit at 64k.', '1cav7il'], ['u/BuiltToSpinback', 14, '2024-04-23 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wsasx/', 'Execute market order: $66666', '1cav7il'], ['u/BuiltToSpinback', 11, '2024-04-23 18:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wv20e/', 'A surprise to be sure, but a welcome one', '1cav7il'], ['u/WYLFriesWthat', 15, '2024-04-23 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wvloo/', '66k is the new 64k', '1cav7il'], ['u/btc-_-', 11, '2024-04-23 19:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wz4vp/', 'i think we’re just between narratives at the moment. halving event happened, not quite at ATHs, rate cuts seemingly not imminent, maybe WW3 but that seems gone now, DXY at resistance but maybe too soon to tell, U.S. debt is an inexorable but slow-moving train, VIX coming down after some highs so maybe still some concern, etc etc\n\njust in general seems like everything is at a wait-and-see phase. in my opinion, a small spark could push it in either direction temporarily. big wick down and now the LTF narrative is that it’s cheap. big wick up and now “bull’s back on.” i’m just waiting and seeing how PA develops with about 10% set aside just in case.', '1cav7il'], ['u/nationshelf', 14, '2024-04-23 20:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xfbjq/', 'Miners finally seeing some upward PA after weeks of sells offs. It seems everyone was waiting for the halving to pass before jumping back in. Hopefully turning a corner here and will see outsized miners returns on the next btc leg up, for those of us with a bag.', '1cav7il'], ['u/btctrader12', 11, '2024-04-23 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xg919/', 'Do these braindead shorters not realize that the more they try to suppress it down the bigger the capitulation squeeze up will eventually be? Have they been in this market for 2 days not realizing that that’s pretty much what happens every single time? You can try to suppress it for months but the end result will be the same \n\nP.S. Mara options just made me a good amount of money, thank you high transaction fees', '1cav7il'], ['u/dopeboyrico', 35, '2024-04-23 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xk88k/', 'Price of BTC at each halving:\n\n2012: $12.50\n\n2016: $638.51\n\n2020: $8,475\n\n2024: $64k\n\nPrice of BTC at peak of each market cycle following the halving:\n\n2013: $1,156.14 (92x price at halving)\n\n2017: $20,089 (31x price at halving)\n\n2021: $68,789 (8x price at halving)\n\nLength of time BTC took to reach peak after halving:\n\n2012: 12 months\n\n2016: 17 months\n\n2020: 18 months\n\n[Here’s what following each trajectory looks like on a graph.](https://x.com/ecoinometrics/status/1781645938395939066?s=46&t=bgSu-sbt11MTMG1Zh__ugw) Given the fact that we reached new ATH before the halving for the first time ever I’m more or less expecting a reversion to to the average this time around.', '1cav7il'], ['u/snek-jazz', 10, '2024-04-23 21:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xsbny/', 'Counter argument: very small sample size and market was so small in 2012 that it may be irrelevant in terms of predicting the future in 2024.', '1cav7il'], ['u/griswaldwaldwald', 11, '2024-04-23 22:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xzrqi/', '50 day MA still acting as resistance.', '1cav7il']]], ['u/jbtravel84', '970K Lost in Ledger NFT Scam', 765, '2024-04-23 07:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/', 'A victim here on Reddit recently lost 80K across Ethereum, Solana, and Cardano. There\'s a post he made a couple of weeks ago outlining the hack/scam. \n\nI didn\'t see any useful comments in the original post and he reached out to me looking for help.\n\nI focused on the Ethereum network as this appears to be where most of the activity takes place. I\'m showing about 970K lost in stolen funds with numerous victims getting caught up in this scam.\n\nBelow is my attempt to outline where the funds went as well as how the scam happened.\n\n## Ethereum Wallets\n\nBelow are the main wallets associated from the victim who lost 80K and the main scammer wallets. The wallet labeled Reddit Sweeper was used to clean out about $25 in ETH.\n\nIf it is in fact a sweeper wallet, that would mean a seed phrase compromise. Otherwise the victim may of never revoked access and the scammer could of just gone back and cleaned up a bit of leftovers a day after the scam.\n\n* 0xA40731DceAE46A6bD893cebf97176a87403a26FC - 80K victim Reddit \n* 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit\n* 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper?\n\n### Additional Wallets\n\n0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit\n\nI marked off the below wallets as outgoing txns from the 80k Scammer wallet. Interestingly, almost all of the funds (about $950,000) are still sitting in these wallets.\n\nThere\'s a strong chance of recovery if law enforcement is actively monitoring the movements of the below addresses.\n\n* 0x1e2a7127A3D0Cfa1374A26523C0d4a78c5443080 - 80k Scammer Reddit 2 \\[590K here\\]\n* 0x92d3ADaf98610454f67eD48b0c8a367677DC63B6 - 80k Scammer Reddit 3\n* \\-0x2c6F334CE794e0BA277FDd6838c27050ab19d862 - 80k Scammer Reddit 3 1 \\[124K here\\]\n* 0xEa30e14960f3A3f996cADc1cDa2895859A430210 - 80k Scammer Reddit 4 \\[236K here\\]\n\n[Above is a look inside 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit. Almost all of the funds are sitting in the three decentralized wallets.](https://preview.redd.it/awnkisyrm5wc1.png?width=3406&format=png&auto=webp&s=6bf3ea5ef615306c107ed4f39e700e97d913b93a)\n\n# Wallet of Interest\n\n0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37\n\n0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37 funded 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper?\n\nIt\'s possible 0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37 might also be a victim. If I had more time, I\'d do a deeper dive to find out who this entity is. This wallet has a user name associated with their OpenSea profile.\n\n[Above are all the transactions of 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper? You can see the original funding of the wallet on 11\\/17\\/22. Also of interest is most of the funds went to three HitBTC Deposit Addresses.](https://preview.redd.it/rzspc23ym5wc1.png?width=1536&format=png&auto=webp&s=8ac50492e0a18b8f3a244783d81e30143f9c3c5e)\n\n#### HitBTC Deposit Addresses\n\n* 0x997Ae443C97Ad0b8A391D8F0Fa6F739C20512621\n* 0xa2ec859DcF2a47AD1BB8Fd91e497eC489c74C4CE\n* 0x90cBC9dd3FAbEFF9F36FF1Ca78aD00e4EB43e4Ab\n\nThese deposit addresses don’t look like they belong to 0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37. It looks like he was paying for some service. Possibly accounts or gift cards as the wallets in the deposit address appear to have no relation to each other.\n\n# Wallet of Interest 2\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5\n\n[Odd to see a huge ETH txn right before about $971,400 in stolen funds are sent to the three intermediary wallets.](https://preview.redd.it/wpy2lo8xn5wc1.png?width=1546&format=png&auto=webp&s=b8bdea76c51eaa8775c199e73a9ec73f8cb5dd2d)\n\nAfter further investigation, 0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 also appears to be a scammer wallet. I almost missed this one as this was the last incoming txn to 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit. \n\nBelow is a user on Twitter reporting the wallet belonging to a hacker/scammer. Interestingly this victim also mention funds getting removed from his Ledger device.\n\nhttps://preview.redd.it/58un8aloo5wc1.png?width=1210&format=png&auto=webp&s=18218cbe378b6559b8eec8e67268b3f844da7958\n\n# Movement of Funds\n\nIt seems the scammer took the following route to move all the stolen funds \n\n* 80k Scammer Reddit 5 → 80k Scammer Reddit \\[154.042 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 2 \\[174.142 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 3 \\[38.674 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 4 \\[73.994 ETH\\]\n\n#### Additional Wallets\n\n0x04d554f7f7163226A2CdFAcf127b7d5385576E79\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 sent 2.5K to 0x04d554f7f7163226A2CdFAcf127b7d5385576E79. There’s a number of eXch Deposit addresses.\n\n0x211172b638F73c1bd998E9f57f82E74A10FD0ed4\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 sent 2K to 0x211172b638F73c1bd998E9f57f82E74A10FD0ed4.\n\n##### More Movement\n\nThe below can really open up the Rabbit Hole to find other hacks and deposit addresses.\n\n[Above is a look inside 0x04d554f7f7163226A2CdFAcf127b7d5385576E79. There\'s a number of deposit address activity.](https://preview.redd.it/25c2gbrfq5wc1.png?width=1964&format=png&auto=webp&s=6dd865b034532930130ba3787288bdd91efdb56a)\n\n# How the Scam Happened\n\nLooking at the original Reddit post from the victim and the twitter user\'s post, it appears a bad actor is airdropping malicious NFTs to ledger users.\n\nI\'m not sure the exact scenario that played out, but the victims could of received an unsolicited NFT that appeared to be a voucher promising "free money".\n\nThe voucher could say something along the lines of "You WON 5000 USDC or USDT!" \n\nThe voucher lures the victim to a website requiring you to approve the transaction. Once you sign the contract, your assets now belong to the scammer.\n\n# How to Avoid Malicious NFT Airdrops\n\nUnfortunately, it\'s very hard to avoid someone sending you unsolicited NFTs. However, there are actions you can take to avoid engaging with any of these malicious NFTs.\n\n1. DO NOT ENGAGE WITH ANY AIRDROPPED NFT\n2. NEVER EVER ENTER YOUR SEED PHRASE ANYWHERE\n3. To avoid seeing the NFTs in your wallet, right click on the NFT and select Hide NFT Collection\n4. Avoid any links or websites associated with an NFT\n\nStay safe out there!', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/', '1cawkb0', [['u/monsieur_feu', 74, '2024-04-23 07:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0um0ld/', 'That’s the oldest scam in the book…how do you not know that opening a link and signing the contract on one of those airdropped NFTs claiming to reward you with ‘x,xxx’ amount of USDC or whatever was a scam? Like you have that much ETH and you’re oblivious to keeping your funds safe…on a cold wallet too nonetheless.', '1cawkb0'], ['u/deviantgoober', 502, '2024-04-23 07:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0umb90/', 'I feel like a youngin watching old timers fall for the Nigerian prince and PC support scams over and over and over again like its Groundhog Day.', '1cawkb0'], ['u/jbtravel84', 55, '2024-04-23 07:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0umjry/', 'lol and thank you!', '1cawkb0'], ['u/heyheyshinyCRH', 20, '2024-04-23 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uni3q/', "It's hard to feel sorry for the poor saps", '1cawkb0'], ['u/Sluggin_N_Slothin', 18, '2024-04-23 08:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0upddf/', 'Hide and Report. \n\nThat is the only interaction you have with anything saying free.', '1cawkb0'], ['u/Apart-Apple-Red', 131, '2024-04-23 08:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uqequ/', "Good post.\n\nHowever, I don't like that you mentioned, but later ignored root problem - signing malicious contract. You focused on seed and nft, but that's just bait, not root problem.\n\nIf people are so greedy that they are willing to sign any contract without understanding it, no hardware wallet like ledger will help them and protect them from loosing money.\n\nVictims are basically signing contract in which they allowing other side to take all of their money.", '1cawkb0'], ['u/HighPriestCooper', 70, '2024-04-23 09:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uufb5/', 'I recently reread an older story about the Nigerian scammer who sold a fake airport to an international bank for 262,000,000 British Pounds or Euros or something. In my mind I picture a Nigerian grade school teaching everyone the regular prince scammer method and this kid sitting in the back like an honors student and deciding to drop out like like the Bill Gates of Nigerian Harvard.', '1cawkb0'], ['u/Yok_Mu_Beni_Siken', 86, '2024-04-23 09:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uv1iq/', 'TL DR;\n\nFollow shady link to a website. Sign random smart contract. Money gone. Surprise Pikachu face.', '1cawkb0'], ['u/Icefrog1', 28, '2024-04-23 09:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uvb99/', 'Could have\\* not could of.', '1cawkb0'], ['u/BitSoMi', 24, '2024-04-23 09:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uwbp6/', 'Scammers having a field day in crypto', '1cawkb0'], ['u/LtColumbo69', 14, '2024-04-23 09:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uxtq6/', "the problem is, not matter what the platform, if a person is dumb enough to click a link that says 'you've just won some free money' and then double dumb enough to enter their private key, they are beyond hope.\n\nit's sad, but this is financial natural selection", '1cawkb0'], ['u/Railionn', 26, '2024-04-23 09:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uy7ro/', "Idk man. I'm young and pretty tech savvy. I am not doing any nft buying, memecoin hunting or using metamask or ledgers just because these hacks get so sophisticated. I just dont trust myself going into this unknown territory with even some basic knowledge. At this point I trust big exchanges more securitywise then everything else. Which is troubling.", '1cawkb0'], ['u/rootpl', 91, '2024-04-23 09:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uy8dk/', 'This. That\'s why I like Raby wallet, it actually does explain to you what you are signing, the cost etc. \n\nI fucking hate when Metamask for example or other wallets are just like "do you want to sign transaction" well shit, I don\'t know sir, tell me what the fuck exactly am I signing? \n\nPerhaps a lot of people would have been able to avoid scams if their Ledger screen or Metamask would say something like "you are giving full access to your funds to this 3rd party app, would you like to continue, it could be a scam?"\n\nIt\'s been fucking years and the user experience still sucks donkey\'s balls on most crypto platforms.', '1cawkb0'], ['u/en3sis', 19, '2024-04-23 10:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uziis/', 'That sounds awesome and a no brainer. I would love to see MM do something like this.', '1cawkb0'], ['u/ryncewynd', 16, '2024-04-23 11:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0v53pc/', 'If MM cared about user experience and safety they would have done it long ago', '1cawkb0'], ['u/ValiantInstance', 26, '2024-04-23 11:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0v5vdg/', "It's the equivalent of a stranger knocking on your car window and saying you've won a Ferrari. All you have to do is give him your keys and he'll go get it for you.", '1cawkb0'], ['u/BlackMagic_19', 15, '2024-04-23 13:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0vi9sw/', 'They also hacked German companies and got millions out of them.', '1cawkb0']]], ['u/Designer_Ebb9969', 'Is it advisable to use bitcoin for transactions greater than $50,000?', 29, '2024-04-23 07:17', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/', 'And if so, how do you or did you go about it? Lemme know!', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/', '1cawkrl', [['u/Appropriate-Talk-735', 25, '2024-04-23 08:04', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/l0uphrv/', 'If the seller accepts btc and you have no fiat to spare it is advisable.', '1cawkrl'], ['u/LukaAniston', 10, '2024-04-23 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/l0upz8b/', 'The amount of transactions is not a matter, I always use it btw', '1cawkrl']]], ['u/rBitcoinMod', 'Daily Discussion, April 23, 2024', 29, '2024-04-23 08:06', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1ca4ccb/mentor_monday_april_22_2024_ask_all_your_bitcoin/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/', '1caxcid', [['u/HipOut', 14, '2024-04-23 08:19', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uqspg/', 'Learn about Bitcoin and you’ll learn about economics, technology, finance, philosophy, government, and more.', '1caxcid'], ['u/Long_Personality_612', 15, '2024-04-23 09:09', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uv2ah/', 'Scam', '1caxcid'], ['u/user_name_checks_out', 17, '2024-04-23 09:32', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uwxyi/', '> Anyone ever even heard of Binozy?\n\nWhy are you still asking?\n\nWhen someone promises you a large amount of money in exchange for a small amount of money, this is an obvious and well known scam called an [Advance-fee scam](https://en.wikipedia.org/wiki/Advance-fee_scam). Without knowing anything else about your case, I can tell you that you are getting scammed. Walk away.', '1caxcid'], ['u/Frogolocalypse', 11, '2024-04-23 10:00', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uz55a/', 'Anyone needing you to spend money to get free money is a scam.', '1caxcid'], ['u/DogoByte', 13, '2024-04-23 14:57', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0vsrn0/', 'Whenever someone was pregnant, my mother in law would always say thing like "I just feel it is going to be a girl". Often she was wrong, but when she was right it was always "See, I told you so".\n\nsigh.', '1caxcid'], ['u/escodelrio', 11, '2024-04-23 15:15', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0vv9vf/', "Historical Bitcoin prices for today, April 23rd:\n\n2024 - $66,009\n\n2023 - $27,591\n\n2022 - $39,418\n\n2021 - $51,144\n\n2020 - $7,489\n\n2019 - $5,512\n\n2018 - $8,953\n\n2017 - $1,249\n\n2016 - $450\n\n2015 - $235\n\n2014 - $487\n\n2013 - $144\n\n2012 - $5\n\n2011 - $1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Markets climbed higher as investors get ready for a line up of mega-cap earnings.\n• Tuesday continued this week's steady rebound, after stocks fell sharply last week.\n• Tesla will report on Tuesday, followed by Meta, Alphabet, and Microsoft later in the week.\nStocks ticked higher Tuesday morning, as a lineup of mega-cap earnings this week fuels hope for a market comeback.\nThat's after the equity rally tumbled sharply last week, with rate-cut outlooks crushed by hot economic data. As monetary policy isn't expected to ease any time soon, Treasury bond yields continued to rise higher Tuesday.\nInvestors are pinning their hopes on strong earnings to kickstart a new rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nOn Tuesday, markets will watch for Tesla's report after the closing bell, though its recent performance has investors on edge. Tesla stock is down over 40% year-to-date, and a first-quarter delivery flop haseroded Wall Street confidence.\nMeta's earnings are set to follow on Wednesday, after which Alphabet and Microsoft will report on Thursday.\nHere's where US indexes stood at the 9:30 a.m. opening bell on Tuesday:\n• S&P 500: 5,034.26, up 0.47%\n• Dow Jones Industrial Average: 38,341.68, up 0.27% (+103 points)\n• Nasdaq Composite: 15,544.24, up 0.6%\nHere's what else is going on:\n• The yield curve has been inverted for 18 monthswith no recession - but a slowdown still looms, a strategist says.\n• Bubble tea's surging popularity has minted a number ofChinese billionaires.\n• Investor Steve Cohen wantsSEC approval for a 24-hour trading exchange.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $81.50 a barrel.Brent crude, the international benchmark, slid 0.5% to 86.58 a barrel.\n• Goldfell by 0.9% to $2,325.80 an ounce.\n• The 10-year Treasury yield rose two basis points to 4.646%.\n• Bitcoinwas down 1% to $65,990.\nRead the original article onBusiness Insider", "• Stocks accelerated their rebound after suffering heavy losses last week.\n• Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst.\n• Tesla is slated to report after Tuesday's closing bell, followed by Meta on Wednesday.\nThis week's equity comeback accelerated on Tuesday, as investors ready themselves for a number of major earnings reports.\nAlthough dashed rate-cut outlooks pummeled markets last week, attention has now shifted to the upcoming reports of high-profile companies.Teslais slated to publish after Tuesday's closing bell, with many onWall Street having misgivingsabout its performance, given its massive stock slide and first-quarter delivery disappointment.\nMeta, Alphabet and Microsoft will follow later in the week. If earnings exceed expectations, investors are hoping to jump-start another rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nThrough Tuesday, around 20% of S&P 500 firms have reported earnings, with a majority beating expectations, FactSet data shows.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,070.54, up 1.2%\n• Dow Jones Industrial Average: 38,503.95, up 0.69% (+263.71 points)\n• Nasdaq Composite: 15,696.64, up 1.59%\nHere's what else is going on:\n• Gold couldhit $3,000 as China's central bank keeps up its buying spree, economist David Rosenberg said.\n• A 72% decline in Cathie Woods' ARK fund isaccelerating an investor exit.\n• Some retail investors got in on Nvidia early. Here's how they'respending their massive profits.\n• Markets should ready for asteep decline and a debt-led financial crisis, Leon Cooperman warns.\n• The US considers cutting off Chinese banks from financial marketsamid worrying trade with Russia.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped by 21.7% to $83.32 a barrel.Brent crude, the international benchmark, gained 1.62% to 88.41 a barrel.\n• Goldslid by 0.44% to $2,321.65 an ounce.\n• The 10-year Treasury yield fell nearly two basis points to 4.605%.\n• Bitcoinslid by 0.3% to $66,577.\nRead the original article onBusiness Insider", 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving spot Ethereum exchange-traded fund (ETF) from Franklin Templeton, initially anticipated for May, to a new deadline of June 11.\nThe SEC also delayed the deadline for the agency’s decision on Grayscale’s spot Ethereum ETF application to June 23.\nMeanwhile, the SEC is soliciting public feedback on a revised ETF proposal from BlackRock, which now includes a cash redemption model, a change from the original direct Ethereum exchange mechanism.\nBlackRock’s proposal, initially submitted in November 2023, has been revised to better align with the SEC’s regulatory framework, mirroring the cash redemption feature of previously approved Bitcoin ETFs.\nThe SEC has maintained a cautious approach to cryptocurrency ETFs despite approving spot Bitcoin ETFs earlier in the year.\nThe Bitcoin ETFs, approved in January, have since provided investors a regulated trading vehicle for the cryptocurrency and have experienced acumulative total net inflowof US$12.42 billion.\nThe potential approval of Ethereum ETFs would provide investors with access to the second-largest cryptocurrency by market capitalization, marking another step toward the integration of digital assets into conventional investment portfolios.', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 million in positions have been liquidated. Ether and BTC positions are the largest, respectively, but there\'s also $6.86 million in HBAR liquidations – owing to the token\'s recent surge in volume crossing the $1 billion mark – as well as $1.83 million in PEPE liquidations.\nJustin d\'Anethan from Keyrock, a crypto market maker, said in a Telegram interview with CoinDesk that traders are indecisive and can\'t make up their minds on what position to take.\n"It\'s an interesting – albeit not very dynamic – market to look at, both on the crypto and traditional side; traders seem unable to decidedly turn bullish or bearish, as evidenced by prices staying put," he told CoinDesk.\nThe CoinDesk 20 Index, a measure of the largest digital assets by market cap, is flat, trading at 2,343.\n"There\'s a flurry of negative news weighing on markets," d\'Anethan continued, pointing to the SEC\'s clear desire to delay the ETF application, President Joe Biden\'scomments about crypto mining, and continuing crypto investment product outflows.\n"On the flip side, and on a maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.\nCoinglass datasays that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.\n"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 million in positions have been liquidated. Ether and BTC positions are the largest, respectively, but there\'s also $6.86 million in HBAR liquidations – owing to the token\'s recent surge in volume crossing the $1 billion mark – as well as $1.83 million in PEPE liquidations.\nJustin d\'Anethan from Keyrock, a crypto market maker, said in a Telegram interview with CoinDesk that traders are indecisive and can\'t make up their minds on what position to take.\n"It\'s an interesting – albeit not very dynamic – market to look at, both on the crypto and traditional side; traders seem unable to decidedly turn bullish or bearish, as evidenced by prices staying put," he told CoinDesk.\nThe CoinDesk 20 Index, a measure of the largest digital assets by market cap, is flat, trading at 2,343.\n"There\'s a flurry of negative news weighing on markets," d\'Anethan continued, pointing to the SEC\'s clear desire to delay the ETF application, President Joe Biden\'scomments about crypto mining, and continuing crypto investment product outflows.\n"On the flip side, and on a maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.\nCoinglass datasays that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.\n"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."', 'In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in the year that followed, as investors grappled with a wave of high-profile collapses across the industry.\nBut a recovery is underway, and the crypto market valuation has climbed back about $2.5 trillion, which means a new record high is within reach. More than half of that value is represented byBitcoin(CRYPTO: BTC), which has a market capitalization of $1.3 trillion.\nBitcoin has surged 52% in 2024 so far and currently trades at more than $64,000, not all that far from its all-time high.\nA rising tide lifts all boats, and the renewed positive sentiment toward cryptocurrencies is driving a resurgence in even the most speculative corners of the industry. Meme tokenShiba Inu(CRYPTO: SHIB), for example, is sitting on a whopping 175% gain this year.\nHowever, unlike Bitcoin, Shiba Inu is still trading almost 70% below its all-time high. The token delivered a staggering 45,278,000% gain in 2021, which would\'ve been enough to turn a mere $3 into more than $1 million, but it proceeded to lose more than 90% of its value during the crypto crash of 2022.\nSo the surge in 2024 is masking a grim broader picture for Shiba Inu, but could it stage another historic run and reach $1 per token from its current price of $0.000028?\nCryptocurrenciesused to be touted as a viable replacement for traditional money. Truly decentralized coins like Bitcoin have a fixed supply and can\'t be controlled by any individual or government. It differentiates these cryptos from fiat currencies, like the U.S. dollar, which can be printed as central banks see fit, which devalues them over time.\nHowever, neither consumers nor businesses have adopted cryptocurrencies in any meaningful fashion. A mere 9,428 merchants around the world accept Bitcoin as payment for goods and services, and just 932 accept Shiba Inu. It isn\'t surprising, because using a currency that can rise in value by millions of percentage points only to then lose 90% of its value would make cash flow management impossible for any business.\nShiba Inu developers have tried to create demand in other ways, by promoting a digital card game calledShiba Eternityand even by creating a metaverse (which still hasn\'t opened). Last year, they also released a significant upgrade called Shibarium, a Layer-2 blockchain solution designed to make transactions faster and cheaper. (The legacyEthereumblockchain upon which Shiba Inu is built is clunky and inefficient.)\nA Layer-3 solution is also in the works, which will improve the network further and enhance privacy. However, Shiba Inu could have the most advanced transaction mechanisms in the world, but that doesn\'t mean consumers or businesses will adopt it.\nEven if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of $0.000028 per token, Shiba Inu has a market cap of $16 billion.\nSimple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more thanMicrosoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year.\nSimply put, there is no way Shiba Inu can rise to $1 in its current state. The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far.\nAssuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won\'t actually lead to gains for investors -- they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.\nAlthough Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best tostick with industry leaders like Bitcoinin the crypto universe, or, better yet, buy tried and tested assets like stocks!\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $487,211!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nShiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?was originally published by The Motley Fool', 'In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in the year that followed, as investors grappled with a wave of high-profile collapses across the industry.\nBut a recovery is underway, and the crypto market valuation has climbed back about $2.5 trillion, which means a new record high is within reach. More than half of that value is represented byBitcoin(CRYPTO: BTC), which has a market capitalization of $1.3 trillion.\nBitcoin has surged 52% in 2024 so far and currently trades at more than $64,000, not all that far from its all-time high.\nA rising tide lifts all boats, and the renewed positive sentiment toward cryptocurrencies is driving a resurgence in even the most speculative corners of the industry. Meme tokenShiba Inu(CRYPTO: SHIB), for example, is sitting on a whopping 175% gain this year.\nHowever, unlike Bitcoin, Shiba Inu is still trading almost 70% below its all-time high. The token delivered a staggering 45,278,000% gain in 2021, which would\'ve been enough to turn a mere $3 into more than $1 million, but it proceeded to lose more than 90% of its value during the crypto crash of 2022.\nSo the surge in 2024 is masking a grim broader picture for Shiba Inu, but could it stage another historic run and reach $1 per token from its current price of $0.000028?\nCryptocurrenciesused to be touted as a viable replacement for traditional money. Truly decentralized coins like Bitcoin have a fixed supply and can\'t be controlled by any individual or government. It differentiates these cryptos from fiat currencies, like the U.S. dollar, which can be printed as central banks see fit, which devalues them over time.\nHowever, neither consumers nor businesses have adopted cryptocurrencies in any meaningful fashion. A mere 9,428 merchants around the world accept Bitcoin as payment for goods and services, and just 932 accept Shiba Inu. It isn\'t surprising, because using a currency that can rise in value by millions of percentage points only to then lose 90% of its value would make cash flow management impossible for any business.\nShiba Inu developers have tried to create demand in other ways, by promoting a digital card game calledShiba Eternityand even by creating a metaverse (which still hasn\'t opened). Last year, they also released a significant upgrade called Shibarium, a Layer-2 blockchain solution designed to make transactions faster and cheaper. (The legacyEthereumblockchain upon which Shiba Inu is built is clunky and inefficient.)\nA Layer-3 solution is also in the works, which will improve the network further and enhance privacy. However, Shiba Inu could have the most advanced transaction mechanisms in the world, but that doesn\'t mean consumers or businesses will adopt it.\nEven if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of $0.000028 per token, Shiba Inu has a market cap of $16 billion.\nSimple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more thanMicrosoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year.\nSimply put, there is no way Shiba Inu can rise to $1 in its current state. The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far.\nAssuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won\'t actually lead to gains for investors -- they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.\nAlthough Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best tostick with industry leaders like Bitcoinin the crypto universe, or, better yet, buy tried and tested assets like stocks!\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $487,211!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nShiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?was originally published by The Motley Fool', "New York City, NY, April 24, 2024 (GLOBE NEWSWIRE) --\nIn the ever-evolving cryptocurrency market, significant developments across various digital assets have sparked interest and speculation among investors.Ethereum(ETH), showing signs of recovery following Bitcoin's latest halving event, has been trading below the $3,200 mark with expectations of approaching $4,000. Meanwhile,Shiba Inu(SHIB) has successfully raised $12 million to enhance privacy on its blockchain, andFurrever Token(FURR)continues to charm the market with its presale success amid an overall market uptick.\nEthereum (ETH) Displays Signs of Recovery Post-Bitcoin Halving\nFollowing the recent Bitcoin halving last Friday,Ethereum(ETH) is showing promising signs of recovery, stirring speculation among traders and analysts in the volatile cryptocurrency market. Currently trading below the $3,200 mark, Ethereum is seen by some as ripe for investment, with predictions suggesting a potential rise toward the $4,000 threshold.\nTechnical indicators, such as the Hourly Moving Average Convergence Divergence (MACD), hint at an upcoming bullish run for Ethereum. The cryptocurrency has recently moved past an early resistance level at $3,150, and now faces a higher resistance at $3,280. Surpassing this could set the stage for a significant push towards $3,800, although this would require a substantial increase in trading volume.\nEthereum is currently positioned above the 100-hourly Simple Moving Average (SMA) at $3,120, which supports a positive outlook. Market watchers are closely observing the $3,350 resistance level; breaching this mark could significantly bolster Ethereum's market position.\nHowever, the path to recovery is not without its potential pitfalls. A drop to around $3,010 could trigger concerns, potentially leading to a steeper decline toward the $3,000 level. Despite these challenges, the overall sentiment for Ethereum remains largely optimistic, with some forecasts even placing ETH at $5,000 by year's end, while more conservative estimates hover around $4,385.\nThe Hourly MACD for ETH/USD is showing increasing momentum, potentially moving into a bullish zone soon. Additionally, the Relative Strength Index (RSI) for the pair is above 50, indicating growing gains which could lead Ethereum to an anticipated target of $3,880.\nBeyond the numbers, the sentiment in the crypto ecosystem is bullish, as the market begins to react to the implications of Bitcoin's halving. Ethereum's future could also be influenced by regulatory developments, such as the potential approval of an Ethereum ETF by the US Securities and Exchange Commission (SEC) by the end of 2024. Despite the uncertainty surrounding this approval, the market's speculative mood remains hopeful, underscoring a robust community desire to maintain and grow their Ethereum holdings.\nShiba Inu (SHIB) Secures $12M for Privacy-Focused Blockchain Development\nShiba Inu, a prominent player in the cryptocurrency space known for its canine-themed token SHIB, has successfully raised $12 million through a token sale aimed at developing a new privacy-focused blockchain. This initiative will enhance the security features for its users by building on top of Shibarium, its Ethereum-based layer-2 network.\nAnnounced in a recent press release on April 22, 2024, the fundraising effort saw significant contributions from notable investment firms including Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, and others, demonstrating robust investor confidence in Shiba Inu's vision. These investors purchased TREAT, the upcoming utility and governance token that will underpin the new network.\nThe development of this privacy-centric blockchain is in collaboration with cryptography company Zama, focusing on integrating Fully Homomorphic Encryption (FHE). This advanced privacy tool will allow developers to work with data on untrusted domains securely without the need to decrypt it, marking a significant step forward in protecting user data.\nThe news of this successful fundraising follows a report by CoinDesk in February, which detailed Shiba Inu’s plans to enhance its network's privacy capabilities. As the 12th-largest cryptocurrency by market capitalization, nearing $16 billion, Shiba Inu continues to make strides in the crypto community, aligning with broader market trends.\nThe project is orchestrated by Shiba Inu Mint S.A., a development entity based in Panama, emphasizing the global and collaborative effort behind this ambitious technological venture. This strategic move is expected to bolster SHIB's position in the market, evidenced by a 2.2% increase in its value over the past 24 hours, aligning with gains seen across the broader CoinDesk 20 Index.\nThis development highlights Shiba Inu's commitment to innovating within the blockchain space, ensuring that privacy and security are at the forefront of its expansion efforts. As the project progresses, the crypto community is keenly watching how this new blockchain will impact the overall utility and governance within the Shiba Inu ecosystem.\nFurrever Token (FURR) Thrives in Presale, Capturing Investor Interest Amidst Market Growth\nIn the fast-paced cryptocurrency market,Furrever Token(FURR)has rapidly become a standout investment, captivating significant investor interest with a highly successful presale during a recent market surge. This unique token combines the charm of adorable kittens with the innovative technology of the blockchain, creating an engaging and enjoyable experience in a market often characterized by more serious undertones.\nAt the core of Furrever Token's strategy is the development of a playful and inviting crypto ecosystem that emphasizes fun and community engagement. The platform is designed to be accessible and community-centric, featuring appealing cat-themed graphics, stickers, emojis, and visuals that not only enhance user interaction but also foster a strong sense of community through ongoing social challenges and initiatives aimed at promoting growth. This approach makes the cryptocurrency journey not only profitable but also enjoyable for both seasoned investors and those new to the market.\nThe tokenomics of Furrever Token are thoughtfully designed to encourage participation and support the project's growth. Currently, 65% of the tokens have been allocated for the presale phase, with the project having already raised over $1 million. It is swiftly moving toward completing stage 7 of its planned 10 stages, with a total fundraising goal of $1.9 million set before its anticipated launch on the decentralized exchange PancakeSwap.\nFurrever Token's investment potential is underscored by its promising financial outlook, which offers investors the possibility of up to 15X returns on their initial investment, with the token currently priced at $0.000564. This lucrative opportunity has drawn significant interest from those seeking both substantial returns and an engaging community environment. To ensure trust and security, Furrever Token has implemented robust security measures, including smart contract audits and token lock-up periods, enhancing the project's transparency and commitment to investor protection.\nAs Furrever Token continues to advance and attract new supporters, it positions itself as an exciting and viable project within the broader crypto market. Its blend of cuteness, community engagement, and strong potential for high returns continues to attract a diverse range of investors globally. For those interested in joining this lively community, FURR is available exclusively through its official website, furrevertoken.com, ensuring a secure and dependable platform for transactions.\nLooking ahead, the future appears bright for Furrever Token and its growing community of enthusiasts, as it forges a path toward further success in the evolving world of cryptocurrency.\nFor further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams.\nDiscover the Most Exclusive Presale Opportunity of 2024 Now:Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "In the wake of last week’sbitcoin halving, which is expected to be a major catalyst for the cryptocurrency’s price, reluctant investors and financial advisors might be feeling more pressure than ever to jump on the crypto bandwagon.\nThat's the investor marketGlobal X ETFsis going after with anew bitcoin ETF—the group of people who aren’t really sure they’re ready to invest in bitcoin.\nLaunched March 21 as an alternative to the spot bitcoin exchange-traded funds that have had record inflows since debuting in early January, theGlobal X Bitcoin Strategy ETF (BTRN)is like bitcoin investing with training wheels, although that’s not part of the company's marketing materials.\nThe strategy adjusts exposure to bitcoin futures and short-term Treasury bonds through theGlobal X 1-3 Month T-Bill ETF (CLIP)based on the current bitcoin price and the near-term outlook.\nThe ETF, which was developed in partnership with CoinDesk Indices, is rebalanced monthly and can swing from 100% bitcoin futures to 100% short-term T-Bills. The ETF is currently neutral at 50% exposure to each asset class, according to Adam Sze, Global X head of product development.\n“The ETF allows investors to maintain exposure while providing a means to navigate various market cycles,” Sze said.\nBTRN is the Global X answer to a crypto ETF after the $47 billion issuerpulled it applicationfor a spot bitcoin ETF in late January after it realized it would just be one more ETF in a crowded field of 11,dominatedby heavyweights BlackRock and Fidelity.\n“I’m still shocked Global X didn’t move forward with launching a spot bitcoin ETF,” said Nate Geraci, president of The ETF Store in Overland Park, Kans.\n“That looks like an unforced error as nearly every spot bitcoin ETF has accumulated meaningful assets,” he added. “While the fee revenue from these products is meager, this was an easy opportunity for Global X to further position as an innovative issuer and attract investors to their other ETF offerings.”\nBTRN, which is not cheap at 95 basis points, has attracted less than $3 million over its first month. Time will tell if there’s a market for a strategy that is designed to mute the volatility of an asset that has only known extreme volatility.\nGlobal X, which made its mark with thematic strategies and has a reputation for innovation, has a different take on its move away from the spot bitcoin ETF herd.\n“With the SEC putting all ETF issuers on the same clock, we realized it wouldn’t be possible for Global X to be a first mover or winner take all,” Sze said. “And the spot bitcoin ETFs are really buy-and-hold type products which is not part of the Global X DNA.”\nBut Global X, which closed 19 ETFs this year that failed to gain traction, remains committed to carving out niches, according to chief executive Ryan O’Connor.\n“The things we’re doing and the things we’re looking at are things that we believe are not as easily commoditized and are differentiated from a plain vanilla product,” he said. “That spot bitcoin filing was pulled but we came out and launched a trend version of the product.”\nPermalink\| © Copyright 2024etf.com.All rights reserved", "In the wake of last week’sbitcoin halving, which is expected to be a major catalyst for the cryptocurrency’s price, reluctant investors and financial advisors might be feeling more pressure than ever to jump on the crypto bandwagon.\nThat's the investor marketGlobal X ETFsis going after with anew bitcoin ETF—the group of people who aren’t really sure they’re ready to invest in bitcoin.\nLaunched March 21 as an alternative to the spot bitcoin exchange-traded funds that have had record inflows since debuting in early January, theGlobal X Bitcoin Strategy ETF (BTRN)is like bitcoin investing with training wheels, although that’s not part of the company's marketing materials.\nThe strategy adjusts exposure to bitcoin futures and short-term Treasury bonds through theGlobal X 1-3 Month T-Bill ETF (CLIP)based on the current bitcoin price and the near-term outlook.\nThe ETF, which was developed in partnership with CoinDesk Indices, is rebalanced monthly and can swing from 100% bitcoin futures to 100% short-term T-Bills. The ETF is currently neutral at 50% exposure to each asset class, according to Adam Sze, Global X head of product development.\n“The ETF allows investors to maintain exposure while providing a means to navigate various market cycles,” Sze said.\nBTRN is the Global X answer to a crypto ETF after the $47 billion issuerpulled it applicationfor a spot bitcoin ETF in late January after it realized it would just be one more ETF in a crowded field of 11,dominatedby heavyweights BlackRock and Fidelity.\n“I’m still shocked Global X didn’t move forward with launching a spot bitcoin ETF,” said Nate Geraci, president of The ETF Store in Overland Park, Kans.\n“That looks like an unforced error as nearly every spot bitcoin ETF has accumulated meaningful assets,” he added. “While the fee revenue from these products is meager, this was an easy opportunity for Global X to further position as an innovative issuer and attract investors to their other ETF offerings.”\nBTRN, which is not cheap at 95 basis points, has attracted less than $3 million over its first month. Time will tell if there’s a market for a strategy that is designed to mute the volatility of an asset that has only known extreme volatility.\nGlobal X, which made its mark with thematic strategies and has a reputation for innovation, has a different take on its move away from the spot bitcoin ETF herd.\n“With the SEC putting all ETF issuers on the same clock, we realized it wouldn’t be possible for Global X to be a first mover or winner take all,” Sze said. “And the spot bitcoin ETFs are really buy-and-hold type products which is not part of the Global X DNA.”\nBut Global X, which closed 19 ETFs this year that failed to gain traction, remains committed to carving out niches, according to chief executive Ryan O’Connor.\n“The things we’re doing and the things we’re looking at are things that we believe are not as easily commoditized and are differentiated from a plain vanilla product,” he said. “That spot bitcoin filing was pulled but we came out and launched a trend version of the product.”\nPermalink\| © Copyright 2024etf.com.All rights reserved", 'Bitcoin demand from U.S.-listed spot bitcoin ETFs outstripping new creations has been a nail-biting dynamic for onlookers in recent months, but new questions are surfacing around whether inflows into the products can moderate quickly enough to avoid structural issues following the much-anticipated halving event.\nThe astronomical pace of asset gathering by the suite ofnew wrappers—spearheaded by the $17.3bn iShares Bitcoin Trust (IBIT)—has had a mechanical impact on the market for their underlying asset.\nFrom a price perspective, bitcoin’s rally in early 2024 should cast investors’ minds back to 2004, when the arrival of theSPDR Gold Trust (GLD)preceded a 254% gold price surgewithin seven years—from around $700 an ounce to $2,450—at which point GLD was the world’s largest ETF with $77.5 billion in assets under management (AUM) by August 2011.\nThe same dynamic has played out over a more compressed timeframe in U.S. spot bitcoin ETFs, with more than $30 billion of asset gathering within their first three months being a key driver in bitcoin’s surge from $45,000 to fresh all-time-highs above $73,000 in March.\nHowever, it is important to differentiate between correlation and causation. James Butterfill, head of research at CoinShares, noted a daily average of up to 4,500 bitcoins are being taken out of circulation by spot bitcoin ETFs every day, compared to only 900 new coins being produced each day, owing to daily rewards caps.\nWhile these numbers may sound small in comparison to the estimated 19.6 million bitcoins in circulation, it is important to remember around 70% of bitcoins have not been traded in more than a year— according to cryptocurrency publication CoinDesk—and spot bitcoin ETFs had claimed 4% of all bitcoins in circulation by the start of March, let alone those being regularly traded.\nThe impact of this is also far from purely anecdotal. In fact, the total supply of bitcoins on exchanges had declined 28% between 2020 and the end of February this year, a dynamic reflecting a “severe demand shock”, Butterfill said.\nAside from the direct demand conjured by the arrival of US spot ETFs, data from CryptoQuantrevealedmore than 90,700 bitcoins were withdrawn from major exchanges over the month through April 4, which cryptocurrency publication The Block warned was reducing the liquid supply of bitcoin as investors were taking their coins into cold storage as part of long-term holding strategies, in light of arrival of the new ETFs.\nStefan Wiederkehr, co-founder and managing director of IMP AG, toldETF Streamhis firm has taken profits and “significantly” reduced its bitcoin exposure.\nHe added it is “absolutely” the case that new spot bitcoin ETFs are creating a supply-demand mismatch. This could result in structural issues, which will be brought into sharp focus by the bitcoin on 20 April.\n“IBIT has around $17 billion in assets and the bitcoin halving will reduce supply even more, so there is definitely going to be an issue. There is also going to be an issue for the custodians such as Coinbase as they will not be able to provide [supply] anymore,” he said.\nLast Friday\'s\xa0halving, which saw mining rewards fall from 6.25 bitcoin per block to 3.125 per block, also means the number of new bitcoins produced per day have halved from 900 to 450, Butterfill said.\nAt the current rate, this would mean bitcoin demand by new spot ETFs would outpace new bitcoin creations tenfold.\nHowever, Butterfill noted the halving event coincides with demand for the ETFs slowing in recent weeks. This highlights how future supply concerns will be contingent on whether ETF inflows find a consistent floor at a multiple ahead of new coin supply.\nOn the other hand, it may not take a general supply-demand breakdown to create structural issues for ETFs—rather just the ability of key stakeholders to source bitcoin being called into question.\n“Coinbase does the custody services for eight of the 10 bitcoin spot ETFs in the U.S., which is also quite a concentrated risk,” Wiederkehr continued. “If there is a problem with Coinbase and they cannot provide the short-term financing anymore, or they cannot provide the bitcoins themselves, there could be an inherent liquidity problem.”\nWhile such events may remain hypothetical and distant, such ideas should change the question from "what are the limits of the ETF wrapper?" to "what are the limits of the assets being wrapped in ETFs?"\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Bitcoin demand from U.S.-listed spot bitcoin ETFs outstripping new creations has been a nail-biting dynamic for onlookers in recent months, but new questions are surfacing around whether inflows into the products can moderate quickly enough to avoid structural issues following the much-anticipated halving event.\nThe astronomical pace of asset gathering by the suite ofnew wrappers—spearheaded by the $17.3bn iShares Bitcoin Trust (IBIT)—has had a mechanical impact on the market for their underlying asset.\nFrom a price perspective, bitcoin’s rally in early 2024 should cast investors’ minds back to 2004, when the arrival of theSPDR Gold Trust (GLD)preceded a 254% gold price surgewithin seven years—from around $700 an ounce to $2,450—at which point GLD was the world’s largest ETF with $77.5 billion in assets under management (AUM) by August 2011.\nThe same dynamic has played out over a more compressed timeframe in U.S. spot bitcoin ETFs, with more than $30 billion of asset gathering within their first three months being a key driver in bitcoin’s surge from $45,000 to fresh all-time-highs above $73,000 in March.\nHowever, it is important to differentiate between correlation and causation. James Butterfill, head of research at CoinShares, noted a daily average of up to 4,500 bitcoins are being taken out of circulation by spot bitcoin ETFs every day, compared to only 900 new coins being produced each day, owing to daily rewards caps.\nWhile these numbers may sound small in comparison to the estimated 19.6 million bitcoins in circulation, it is important to remember around 70% of bitcoins have not been traded in more than a year— according to cryptocurrency publication CoinDesk—and spot bitcoin ETFs had claimed 4% of all bitcoins in circulation by the start of March, let alone those being regularly traded.\nThe impact of this is also far from purely anecdotal. In fact, the total supply of bitcoins on exchanges had declined 28% between 2020 and the end of February this year, a dynamic reflecting a “severe demand shock”, Butterfill said.\nAside from the direct demand conjured by the arrival of US spot ETFs, data from CryptoQuantrevealedmore than 90,700 bitcoins were withdrawn from major exchanges over the month through April 4, which cryptocurrency publication The Block warned was reducing the liquid supply of bitcoin as investors were taking their coins into cold storage as part of long-term holding strategies, in light of arrival of the new ETFs.\nStefan Wiederkehr, co-founder and managing director of IMP AG, toldETF Streamhis firm has taken profits and “significantly” reduced its bitcoin exposure.\nHe added it is “absolutely” the case that new spot bitcoin ETFs are creating a supply-demand mismatch. This could result in structural issues, which will be brought into sharp focus by the bitcoin on 20 April.\n“IBIT has around $17 billion in assets and the bitcoin halving will reduce supply even more, so there is definitely going to be an issue. There is also going to be an issue for the custodians such as Coinbase as they will not be able to provide [supply] anymore,” he said.\nLast Friday\'s\xa0halving, which saw mining rewards fall from 6.25 bitcoin per block to 3.125 per block, also means the number of new bitcoins produced per day have halved from 900 to 450, Butterfill said.\nAt the current rate, this would mean bitcoin demand by new spot ETFs would outpace new bitcoin creations tenfold.\nHowever, Butterfill noted the halving event coincides with demand for the ETFs slowing in recent weeks. This highlights how future supply concerns will be contingent on whether ETF inflows find a consistent floor at a multiple ahead of new coin supply.\nOn the other hand, it may not take a general supply-demand breakdown to create structural issues for ETFs—rather just the ability of key stakeholders to source bitcoin being called into question.\n“Coinbase does the custody services for eight of the 10 bitcoin spot ETFs in the U.S., which is also quite a concentrated risk,” Wiederkehr continued. “If there is a problem with Coinbase and they cannot provide the short-term financing anymore, or they cannot provide the bitcoins themselves, there could be an inherent liquidity problem.”\nWhile such events may remain hypothetical and distant, such ideas should change the question from "what are the limits of the ETF wrapper?" to "what are the limits of the assets being wrapped in ETFs?"\nPermalink\| © Copyright 2024etf.com.All rights reserved', "Omaha, Nebraska, April 24, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc.\xa0(OTCQX: EXOD), the leading self-custodial cryptocurrency software platform, today announced\xa0that James Gernetzke, CFO, will present live at the Blockchain & Digital Asset Virtual Investor Conference hosted by Last 60 Days of Bitcoin's Closing Prices: [51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-24 Financial & Commodity Data: - Gold Closing Price: $2324.50 - Crude Oil Closing Price: $82.81 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,320,155,418,712 - Hash Rate: 671772263.1512126 - Transaction Count: 606713.0 - Unique Addresses: 632356.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gets DeFi: SatoshiDEX Pre-Sale Surpasses $1 Million Goal! London, UK, March 11, 2024 (GLOBE NEWSWIRE) --SatoshiDEX— the world's 1st decentralized exchange, has raised now over $1,000,000 to lead the DeFi on Bitcoin. Pre-Sale is offering users the chance to invest in $SATX, SatoshiDEX's native token. According to the project'swhitepaper, 30% of the total $SATX supply will be distributed through this pre-sale, giving early adopters a unique opportunity to be part of this groundbreaking platform. This pre-sale success signifies the massive potential SatoshiDEX holds. It aims to bridge the gap between Bitcoin's established security and the exciting world of DeFi.Stage 3 of $SATX Pre-Sale is currently LIVE:https://satoshidex.ai/?ref=stdex-of6tGT4i What is SatoshiDEX? SatoshiDEXis a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: • Trade tokens directly on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees, • Stake and earn $SDEX Follow the updated SatoshiDex and subscribe to theirTelegramandTwitter, for future updates.Core Features: • On-chain trading:SatoshiDEX enables peer-to-peer trading of Bitcoin-based assets directly on the blockchain, ensuring trustless and transparent transactions. • Liquidity pools:Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to pools and earn rewards in exchange for providing liquidity. • Stacks L2 chain:Leveraging the Stacks L2 chain, SatoshiDEX aims to overcome scalability limitations on the Bitcoin main net, offering faster and cheaper transactions. SatoshiDEX.ai approach to DEX development on Bitcoin offers a paradigm shift in decentralized asset trading. With Bitcoin's security, SatoshiDEX.ai is able to create a decentralized financial ecosystem. About SatoshiDEX: SatoshiDEX is a decentralized exchange operating on the Stacks Layer 2 chain. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees. Users can directly trade tokens on Bitcoin through its platform onhttps://satoshidex.ai/, enhancing accessibility and reducing transaction costs. By leveraging the Stacks Layer 2 chain, transaction processing is swift while maintaining security and decentralization. SatoshiDEX is leading a new era of decentralized finance, where innovation meets utility on the Bitcoin blockchain. CONTACT: Jeremy Nita contact at satoshidex.ai... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['NEW YORK (AP) — The former Instagram influencer known as “Jay Mazini” whoswindled millionsof dollars from online followers and a network of Muslims during the pandemic was sentenced to seven years in prison on Wednesday, prosecutors said.\nJebara Igbara, 28, of New Jersey, had pleaded guilty to fraud charges, admitting that he created a Ponzi scheme that involved cryptocurrency frauds netting around $8 million. Prosecutors say the money funded a decadent lifestyle that included luxury cars and a lot of gambling.\nExploiting the economic chaos of the COVID-19 pandemic, Igbara leveraged connections in the Muslim community to gather investments for his firm Hallal Capital LLC, saying it would earn returns on stocks, and the reselling of electronics and personal protective equipment.\n“Shamefully, he targeted his own religious community, taking advantage of their trust in him so he could spend and gamble their hard-earned money,” said Breon Peace, U.S. Attorney for the Eastern District of New York, in a statement.\nAs he networked with high-value investors locally, Igbara amplified his online persona, reaching around 1 million Instagram followers, prosecutors said.\nHe built a following in part by filming cash giveaways, often handing stacks of money to fast food workers or everyday people checking out at Walmart. In at least one video, he handed out cash alongside rapper 50 Cent.\nViewers got the impression he was so successful he could just give money away. And his online popularity earned him even more trust from fraud victims, prosecutors said.\nBy 2020, he attracted the ire ofonline sleuthswho openly accused him of fraud, and cheered when he was arrested in 2021 on kidnapping charges. He later admitted in another case to kidnapping a potential witness to his frauds.\nBut many of his victims did turn to the FBI, according to court documents.\nAt least four people told FBI agents they sent over $100,000 in Bitcoin, on a promise of a cash wire transfer, according to court documents. One victim reported being scammed out of 50 Bitcoin, with Igbara first faking $2.56 million in a wire transfer, and later explaining away why the transfers hadn’t arrived.\nIgbara addressed the people he ripped off ahead of his sentencing on Wednesday in a Brooklyn federal court.\n“He apologized profusely to his victims,” lawyer Jeffrey Lichtman said following the sentencing Wednesday in Brooklyn.\nIgbara’s seven-year sentence for fraud will run concurrently with five-year prison sentencing for the kidnapping and includes time served since 2021, his lawyer said.\nAs part of his sentence, Igbara is ordered to pay $10 million to his victims.\nAs for “Jay Mazini,” the Instagram and other social media accounts are mostly scrubbed. But the saga lives on in compilations on YouTube, and in an episode of the 2023 documentary series “The Age of Influence.”', '• US stocks traded mostly lower on Wednesday as traders eyed the release of first-quarter GDP data.\n• Investors are sifting through earnings, with mega-cap tech results rolling in.\n• Tesla rallied Wednesday as traders cheered news of a cheaper vehicle model in the works.\nUS stocks were mostly lower on Wednesday as traders prepared for the release of first-quarter GDP data and digested the latest round of corporate earnings.\nInvestors are waiting on advanced estimates for first-quarter GDP to roll out tomorrow morning, which will give markets a sense of how strong the economy is growing and point to the Federal Reserve\'s next move.\nThe US is expected to have expanded 2.7% in the first three months of the year, according toAtlanta Fed economists, but an especially strong print would raise the risk that the Fed keeps policy tight in order to prevent inflation from gaining a foothold again.\nMarkets are pricing in just one or two rate cuts for the year, according to theCME FedWatch tool,down from as many as seven cuts seen at the start of 2024.\nInvestors are also preparing to take in more earnings results, which have been resilient so far this quarter. The S&P 500 looks on track to post7% year-per-year earnings growth, according to FactSet. Of the companies that have reported financials so far,74% have beat earnings estimates.\nFacebook parent Meta Platforms will report after the closing bell, while Microsoft and Alphabet will report results after the close on Thursday.\nTesla shares jumped 11% higheron Wednesday after the carmaker\'s latest earnings report. Revenue came in below expectations, but investors were pleased with the company\'s confirmation that a low-cost electric vehicle was set to roll out sometime next year.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500: 5,071.67, up 0.02%\n• Dow Jones Industrial Average: 38,460.92, down 0.11% (-42.77 points)\n• Nasdaq Composite: 15,712.75, up 0.1%\nHere\'s what else is going on:\n• A rare bifurcation in the US economy israising the odds of recession, one economist warns.\n• AI\'s impact doesn\'t make it immune to a crash, according to billionaire investor Howard Marks.\n• Tesla stock could see 35% upsideif it follows a four-part plan, Bank of America said.\n• Tesla is headed for a new growth phase asElon Musk is finally the "adult in the room,"Wedbush\'s Dan Ives said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $82.91 a barrel.Brent crude, the international benchmark, slipped 0.3% to 88.13 a barrel.\n• Goldedged lower to $2,332 an ounce.\n• The 10-year Treasury yield rose four basis points to 4.644%.\n• Bitcoinwas down 3.29% to $64,393.\nRead the original article onBusiness Insider', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", 'Ethereum led Wednesday’s non-fungible tokens (NFT) market with a daily sales volume of over US$7.13 million, according to data from CryptoSlam.\nDespite recording the highest sales volume for the day, the leading NFT blockchain hasn’t topped US$10 million since April 4.\nFollowing Ethereum, Bitcoin followed closely behind in the second spot for daily NFT sales, just under US$7.13 million.\nBitcoin had its third consecutive day under US$10 million despite NodeMonkes, a Bitcoin Ordinals NFT, leading Wednesday’s collection rankings.\nSolana took the third spot in daily NFT sales, posting a daily sales volume of over US$5.08 million, driven by a higher number of unique buyers at 29,292 and unique sellers at 23,251, resulting in an impressive 108,427 transactions. These numbers are higher than the combined daily total of Ethereum and Bitcoin.\nOther blockchains such as Polygon and Mythos Chain also reported notable daily activities. Polygon saw sales of over US$1.78 million with 20,992 unique buyers and 7,691 unique sellers, while Mythos Chain had sales amounting to US$850,851 with a robust transaction count of 34,303.', 'NodeMonkes surged to the top of the non-fungible token (NFT) market, recording over US$1.05 million in sales on Thursday, CryptoSlam data shows.\nThe market-leading sales volume pushed NodeMonkes’ all-time sales volume to US$205.01 million, making it the 30th largest NFT collection.\nIt is also sitting at second all-time in total sales volume for a Bitcoin-based collection.\nThe second-highest performing collection of the day was Ethereum-based Bored Ape Yacht Club (BAYC), a blue-chip NFT collection from Yuga Labs, with sales reaching US$1.02 million.\nThe monkey-themed collection’s all-time sales volume now stands at a staggering US$3.13 billion, the second-most in the industry.\nWith Wednesday’s sales total, which experienced a surge in tandem with its third birthday the day before, BAYC snapped an eight-day streak of under US$1 million.\nBAYC and NodeMonkes were the only collections to have at least US$1 million in sales on Wednesday as global NFT sales dropped 1.1% from the previous day to US$24.4 million.\nDMarket, which represents in-game items for the Mythos ecosystem, claimed the third spot in daily rankings, with sales totaling US$841,305 from 33,506 transactions.\nThis high volume of trades involved 4,305 unique buyers and 3,957 sellers.\nDMarket’s all-time sales have now reached US$411.21 million, 16th all-time and around US$55 million away from Bored Ape Kennel Club, a BAYC-linked project.\nOther notable collections include $PUPS BRC-20 NFTs and Mad Lads, which also experienced substantial daily sales.\nBitcoin’s $PUPS BRC-20 NFTs recorded sales of US$730,112.21 with 68 transactions, while Mad Lads posted sales of US$768,411.76 from 53 transactions.\nCollections such as Dokyo and $WZRD BRC-20 NFTs also made their mark, with Dokyo generating US$680,417.15 in sales and $WZRD BRC-20 NFTs close behind at US$740,346.69.\nWZRD has cooled down mid-week, after topping the collections around the halving date.\nOn April 19, it recorded over US$8 million in total sales, driven by surges in Bitcoin-based collections, coinciding with excitement surrounding the successful Runes launch and the halving of a new fungible token protocol.', 'Bitcoin(CRYPTO: BTC)soared 140% over the past year as economic resilience drew investors back to risk assets. Other factors also contributed to that price appreciation, especially the excitement surrounding spot Bitcoin exchange-traded funds (ETFs) and the halving of Bitcoin block subsidies.\nTo elaborate, Bitcoin supply is capped at 21 million coins, and that supply limit is enforced by the periodic halving of block subsidies. The first threehalving eventsoccurred in 2012, 2016, and 2020, and the most recent one took place on April 19, 2024. But investors have been amped up for months because Bitcoin has consistently skyrocketed during the four-year period following halving events.\nRead on to learn more.\nBitcoin miners earn block rewards when they validate a group of transactions (called a block) and add it to the blockchain. Block rewards include two sources of revenue: (1) transaction fees determined by network traffic and data volume, and (2) block subsidies coded into the Bitcoin protocol.\nBlock subsidies represent newly minted Bitcoin. They are paid out each time a new block is generated, which happens about once every 10 minutes. However, the subsidy is reduced by 50% each time 210,000 blocks are added to the blockchain, which happens about once every four years.\nAs mentioned, the most recent halving event occurred on April 19, 2024, when the block subsidy was slashed from 6.25 BTC to 3.125 BTC. Investors are excited by the implications of that event because the halving of block subsidies naturally reduces selling pressure. In other words, the amount of newly minted Bitcoin will decline by 50% over the next four years, meaning miners will have less Bitcoin to sell.\nAs a result, halving events have historically led to significant price appreciation, as shown in the chart below.\n[{"Bitcoin Halving": "Nov. 28, 2012", "Price At Halving": "$12", "Price At Next Halving": "$647", "Return": "5,291%"}, {"Bitcoin Halving": "July 9, 2016", "Price At Halving": "$647", "Price At Next Halving": "$8,821", "Return": "1,263%"}, {"Bitcoin Halving": "May 11, 2020", "Price At Halving": "$8,821", "Price At Next Halving": "$63,462", "Return": "619%"}]\nData source: Morgan Stanley, YCharts.\nBitcoin returned an average of 2,391% and a median of 1,263% between past halving events. However, neither outcome is likely this time around because the gains have become more muted with each subsequent halving. In other words, history says Bitcoin will be worth more four years from now, but the implied upside is less than 619%.\nHowever, that technical analysis is flawed because three data points hardly qualifies as a trend. Moreover, it fails to account for the approval of spot Bitcoin ETFs, a recent development that could unlock enormous demand for Bitcoin in the coming years.\nThe law of supply and demand stipulates that asset prices are directly correlated with demand and inversely correlated with supply. In other words, prices mirror changes in demand, but they run counter to changes in supply. Bitcoin obeys that law, but demand is the most consequential variable given that its supply is fixed.\nTo that end, Fidelity analysts evaluate whether demand is rising or falling in a quarterly report that breaks down various market signals. The most recent report scored the long-term outlook (greater than five years) as neutral, meaning certain metrics hint at strengthening demand, while others point to weakening demand. However, the recent approval of spot Bitcoin ETFs could easily tilt the outlook toward bullish in the coming quarters.\nSpot Bitcoin ETFs provide direct exposure to Bitcoin without the inconveniences inherent to cryptocurrency exchanges. Investors no longer need to create specialized accounts and pay high fees for each transaction. Instead, they can effectively purchase Bitcoin through their existing brokerage accounts, most of which offer zero commission trading. Many analysts believe that value proposition could bring more retail and institutional money to the market.\nIndeed, Geoff Kendrick at Standard Chartered Bank believes ETF inflows could push the price of Bitcoin to $250,000 by 2025. Tom Lee at Fundstrat Global Advisors says that catalyst could carry its price to$500,000 in five years. Finally, Ark Invest CEO Cathie Wood thinks spot Bitcoin ETFs will eventually capture about 5% of institutional assets, driving its price to $3.8 million.\nHere\'s the bottom line: Investors should never fixate on price targets, but the recent halving of Bitcoin block subsidies and the approval of spot Bitcoin ETFs could certainly translate into price appreciation in the coming years. Patient investors comfortable with risk should consider buying a small position in Bitcoin.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $505,010!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.was originally published by The Motley Fool', 'Bitcoin(CRYPTO: BTC)soared 140% over the past year as economic resilience drew investors back to risk assets. Other factors also contributed to that price appreciation, especially the excitement surrounding spot Bitcoin exchange-traded funds (ETFs) and the halving of Bitcoin block subsidies.\nTo elaborate, Bitcoin supply is capped at 21 million coins, and that supply limit is enforced by the periodic halving of block subsidies. The first threehalving eventsoccurred in 2012, 2016, and 2020, and the most recent one took place on April 19, 2024. But investors have been amped up for months because Bitcoin has consistently skyrocketed during the four-year period following halving events.\nRead on to learn more.\nBitcoin miners earn block rewards when they validate a group of transactions (called a block) and add it to the blockchain. Block rewards include two sources of revenue: (1) transaction fees determined by network traffic and data volume, and (2) block subsidies coded into the Bitcoin protocol.\nBlock subsidies represent newly minted Bitcoin. They are paid out each time a new block is generated, which happens about once every 10 minutes. However, the subsidy is reduced by 50% each time 210,000 blocks are added to the blockchain, which happens about once every four years.\nAs mentioned, the most recent halving event occurred on April 19, 2024, when the block subsidy was slashed from 6.25 BTC to 3.125 BTC. Investors are excited by the implications of that event because the halving of block subsidies naturally reduces selling pressure. In other words, the amount of newly minted Bitcoin will decline by 50% over the next four years, meaning miners will have less Bitcoin to sell.\nAs a result, halving events have historically led to significant price appreciation, as shown in the chart below.\n[{"Bitcoin Halving": "Nov. 28, 2012", "Price At Halving": "$12", "Price At Next Halving": "$647", "Return": "5,291%"}, {"Bitcoin Halving": "July 9, 2016", "Price At Halving": "$647", "Price At Next Halving": "$8,821", "Return": "1,263%"}, {"Bitcoin Halving": "May 11, 2020", "Price At Halving": "$8,821", "Price At Next Halving": "$63,462", "Return": "619%"}]\nData source: Morgan Stanley, YCharts.\nBitcoin returned an average of 2,391% and a median of 1,263% between past halving events. However, neither outcome is likely this time around because the gains have become more muted with each subsequent halving. In other words, history says Bitcoin will be worth more four years from now, but the implied upside is less than 619%.\nHowever, that technical analysis is flawed because three data points hardly qualifies as a trend. Moreover, it fails to account for the approval of spot Bitcoin ETFs, a recent development that could unlock enormous demand for Bitcoin in the coming years.\nThe law of supply and demand stipulates that asset prices are directly correlated with demand and inversely correlated with supply. In other words, prices mirror changes in demand, but they run counter to changes in supply. Bitcoin obeys that law, but demand is the most consequential variable given that its supply is fixed.\nTo that end, Fidelity analysts evaluate whether demand is rising or falling in a quarterly report that breaks down various market signals. The most recent report scored the long-term outlook (greater than five years) as neutral, meaning certain metrics hint at strengthening demand, while others point to weakening demand. However, the recent approval of spot Bitcoin ETFs could easily tilt the outlook toward bullish in the coming quarters.\nSpot Bitcoin ETFs provide direct exposure to Bitcoin without the inconveniences inherent to cryptocurrency exchanges. Investors no longer need to create specialized accounts and pay high fees for each transaction. Instead, they can effectively purchase Bitcoin through their existing brokerage accounts, most of which offer zero commission trading. Many analysts believe that value proposition could bring more retail and institutional money to the market.\nIndeed, Geoff Kendrick at Standard Chartered Bank believes ETF inflows could push the price of Bitcoin to $250,000 by 2025. Tom Lee at Fundstrat Global Advisors says that catalyst could carry its price to$500,000 in five years. Finally, Ark Invest CEO Cathie Wood thinks spot Bitcoin ETFs will eventually capture about 5% of institutional assets, driving its price to $3.8 million.\nHere\'s the bottom line: Investors should never fixate on price targets, but the recent halving of Bitcoin block subsidies and the approval of spot Bitcoin ETFs could certainly translate into price appreciation in the coming years. Patient investors comfortable with risk should consider buying a small position in Bitcoin.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $505,010!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.was originally published by The Motley Fool', 'Bitcoin fell 4% over the past 24 hours, dipping below $65,000 (£51,919) after outflows from Grayscale\'s exchange-traded fundGBTChit $130m on Wednesday, and BlackRock paused a 71-day inflow streak into its fund.\nRead more:Crypto live prices\nAccording to Coingeckodata, bitcoin (BTC-USD) is currently changing hands for $64,288.\nWednesday saw Grayscale\'s GBTC experiencing outflows of $130.4m, while inflows into other ETFs decelerated, dampening the momentum of the bitcoin bull run.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nAlso, BlackRock\'s (BLK) iShares Bitcoin Trust IBIT fund failed to attract any investor funds for the first time since it started on 11 January, ending a 71 consecutive day streak of inflows. Following IBIT\'s example, seven out of the other 10 spot bitcoin ETFs also reported zero daily inflows.\nAccording to thedatafrom Farside Investors, the only ETFs that recorded inflows on Wednesday were Fidelity’sFBTCand the ARK 21Shares Bitcoin ETF (ARKB), with inflows of $5.6m and $4.2m, respectively.\nBitcoin is not the only digital asset that has fallen in the past day. Of the crypto majors, Solana (SOL-USD) posted 7% fall in the past 24 hours to $146, according to Coingeckodata.\nThe decline in SOL\'s price coincides with reports that the bankruptcy estate of the failed FTX cryptocurrency exchange intends to auction off an unspecified amount of the token this week.\nAccording to a Bloombergreporton Wednesday, citing sources familiar with the sale, a "blind auction" will be conducted to sell the next batch of the former exchange\'s Solana assets. In a recent monthly operating report, FTX disclosed it sold approximately $307.6m worth of SOL and ZBC tokens in March, however, April sales results have not been released yet.\nThe global cryptocurrency market cap today stands at $2.48tn, a decrease of 4.5% in the last 24 hours. Bitcoin dominance is at 50.8% and ether (ETH-USD)\'s 15.4%. according to Coingeckodata.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe downturn in the cryptocurrency market comes after the bitcoin halving event that occurred last weekend. Analysts anticipate that the supply crunch, resulting from the reduced bitcoin issuance after the event, will lead to a price appreciation for the digital asset in the coming months.\nHowever, one analyst stressed that the bitcoin halving isn\'t a "magical event" for investors, and that the event was already priced in.\n"The halving shouldn\'t change anything there. It\'s literally written in the code... it\'s just going to continue. It\'s not this special thing or magical event that makes bitcoin any more or less compelling to invest," 401 Financial Principal & Founder Tyrone RosstoldYahoo Finance Wealth.\nHe added that "for all intents and purposes, for something that is written into the bitcoin code, the halving was priced in."\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin fell 4% over the past 24 hours, dipping below $65,000 (£51,919) after outflows from Grayscale\'s exchange-traded fundGBTChit $130m on Wednesday, and BlackRock paused a 71-day inflow streak into its fund.\nRead more:Crypto live prices\nAccording to Coingeckodata, bitcoin (BTC-USD) is currently changing hands for $64,288.\nWednesday saw Grayscale\'s GBTC experiencing outflows of $130.4m, while inflows into other ETFs decelerated, dampening the momentum of the bitcoin bull run.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nAlso, BlackRock\'s (BLK) iShares Bitcoin Trust IBIT fund failed to attract any investor funds for the first time since it started on 11 January, ending a 71 consecutive day streak of inflows. Following IBIT\'s example, seven out of the other 10 spot bitcoin ETFs also reported zero daily inflows.\nAccording to thedatafrom Farside Investors, the only ETFs that recorded inflows on Wednesday were Fidelity’sFBTCand the ARK 21Shares Bitcoin ETF (ARKB), with inflows of $5.6m and $4.2m, respectively.\nBitcoin is not the only digital asset that has fallen in the past day. Of the crypto majors, Solana (SOL-USD) posted 7% fall in the past 24 hours to $146, according to Coingeckodata.\nThe decline in SOL\'s price coincides with reports that the bankruptcy estate of the failed FTX cryptocurrency exchange intends to auction off an unspecified amount of the token this week.\nAccording to a Bloombergreporton Wednesday, citing sources familiar with the sale, a "blind auction" will be conducted to sell the next batch of the former exchange\'s Solana assets. In a recent monthly operating report, FTX disclosed it sold approximately $307.6m worth of SOL and ZBC tokens in March, however, April sales results have not been released yet.\nThe global cryptocurrency market cap today stands at $2.48tn, a decrease of 4.5% in the last 24 hours. Bitcoin dominance is at 50.8% and ether (ETH-USD)\'s 15.4%. according to Coingeckodata.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe downturn in the cryptocurrency market comes after the bitcoin halving event that occurred last weekend. Analysts anticipate that the supply crunch, resulting from the reduced bitcoin issuance after the event, will lead to a price appreciation for the digital asset in the coming months.\nHowever, one analyst stressed that the bitcoin halving isn\'t a "magical event" for investors, and that the event was already priced in.\n"The halving shouldn\'t change anything there. It\'s literally written in the code... it\'s just going to continue. It\'s not this special thing or magical event that makes bitcoin any more or less compelling to invest," 401 Financial Principal & Founder Tyrone RosstoldYahoo Finance Wealth.\nHe added that "for all intents and purposes, for something that is written into the bitcoin code, the halving was priced in."\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'In 2023,Carvana(NYSE:CVNA) traded as a penny stock after plunging from an all-time high of $360. At the time, investors soured on the name, and it looked like CVNA’s days were numbered. However, CVNA surprised investors and analysts since then, with multi-bagger returns in just over a year. Last month, the stock hit a high of $94. It’s this kind of rally among attractivepenny stocksto buy that can change the fortune of investors.\nIt’s important to note that not all penny stocks can replicate the rally in CVNA stock. The surge in Carvana’s stock should not be construed as a signal for going overboard on penny stocks.\nAt the same time, it’s important to have at least 10% to 15% exposure to penny stocks. One or a few stories like Carvana can have a significant impact on the overall portfolio. In fact, here are seven penny stocks to buy that could rally like CNVA stock and deliver multi-bagger returns.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Shutterstock\nI believe that some of the bestcannabis stocksmight be poised for a big move in the next few quarters. With U.S. elections around the corner, there is likely to be some news related to federal legalization. That’s a big potential catalyst. Further, cannabis is likely to be reclassified as a Schedule III drug in the U.S.\nCronos Group(NASDAQ:CRON) is among the most undervalued cannabis penny stocks to buy. In the last six months, CRON trended higher by 41%. However, this is just the beginning of the rally in my opinion.\nIt’s also worth noting that Cronos ended its fourth quarter with acash buffer of $862 million. This provides the company with high flexibility for organic and acquisition-driven growth.\nIn addition, Germany just legalized cannabis and Cronos has entered the German markets with an initial focus on medicinal cannabis. Further, Australia is another new market for the company. That, plus a strong cash buffer coupled with geographical expansion tells me Cronos is positioned for robust growth.\nSource: T. Schneider / Shutterstock.com\nAnother one of the top penny stocks to buy isArcher Aviation(NYSE:ACHR). Granted, it recently corrected from all-time highs of $7.50 to current levels of $4, but it’s set to launch with flying cars.\nFor one, Archer is preparing for commercial operations in 2025. Two, it just initiated the construction of its manufacturing facility. And, with an initial capacity to produce 650 eVTOL annually, Archer is positioned to scale up operations.\nI also like the fact that Archer has anorder backlog of $3.5 billion. The backlog is from the United States, UAE, and India. The Company will commence operations in these countries before the end of 2026. \xa0Therefore, stellar revenue growth seems likely in the next five years. Helping, Archer will continue to enter new markets.\nSource: T. Schneider / Shutterstock.com\nSolid Power’s(NASDAQ:SLDP) stock is up about 18% on the year. The upside comes after an extended period of correction. In January, Chardan Research estimated that the stock islikely to triple in share priceafter the company deepened its partnership with Korean conglomerate SK On.\nIn terms of business progress, Solid Powerdelivered A-sample cells in 2023to formally enter the automotive qualification process. The Company’s automotive partners includeBMW(OTCMKTS:BMWYY) andFord(NYSE:F). With BMW also involved in parallel research and development, Solid Power has a strong backing.\nFor the current year, the companyshifted focus to A-2 sample cells. The objective is to achieve safer and higher-performance cells. Coming back to the partnership with SK On, the company has expanded its addressable market. Further, SK On will use “Solid Power’scell technology for research and development.” At the same time, SK On will produce solid-state batteries in Korea.\nTherefore, with strong partnerships, high financial flexibility, and steady business progress, SLDP stock is likely to skyrocket.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nWith the completedBitcoin(BTC-USD) halving, the cryptocurrency will likely trade at new highs in the coming months. In fact, it’sbeen estimatedthat Bitcoin is likely to touch $120,000 by the end of the year. If true, some of the best Bitcoin miners are likely to surge higher, includingBitfarms(NASDAQ:BITF).\nI strongly believe the latest correction in the Bitcoin mining stock is a good opportunity to accumulate. It’s also important to note that the correction in BITF stock has been on the back of a $375 million equity offering.\nThe company plans to use the funds for massive hash rate capacity expansion. This will translate into stellar revenue and cash flow upside. To put things into perspective, Bitfarms reported a hash rate capacity of 6.5EH/s at the end of 2023. The Company isexpecting to increase capacityto 21EH/s by the end of the year. With a zero-debt balance sheet and a strong liquidity position, the next leg of expansion will likely follow. Current levels are therefore attractive for accumulation.\nSource: T. Schneider / Shutterstock.com\nPlug Power(NASDAQ:PLUG) currently trades at $2.60. In my view, PLUG stock is deeply oversold and a strong reversal rally is in the cards.\nThe first point to note is that industry tailwinds remain positive with the global hydrogen economy likely to get bigger with time. However, Plug Power has suffered due to cash burn and concerns related to ambitious project execution. At the same time, raising funds would imply significant dilution of equity and that has depressed the stock.\nHowever, there are positives to note amidst the concerns. Recently, Plug Power indicated that the company has made “substantial advancement” in hydrogen generation buildout.\nThe company’s first green hydrogen plant in Georgia has reached a nameplate capacity of 15 tons per day (TPD) of liquid hydrogen production. The Tennessee plant is also operating at a nameplate capacity of 10 TPD. Further, the Louisiana plant is projected to add 15 TPD of liquid green hydrogen by Q3 2024. If revenue growth gathers momentum in the coming quarters, PLUG stock is likely to surge.\nSource: Golden Dayz / Shutterstock.com\nWith a forward price-earnings ratio of 4.4,Ring Energy(NYSEAMERICAN:REI) is among the most undervalued penny stocks to buy. The oil and gas company trended marginally higher by 10% in the last 12 months. I believe that a big breakout rally is in the cards for this $400 million company.\nHelping, I’m bullish on crude trending higher. The reasons are geopolitical tensions and potential rate cuts in the second half of 2024. With higher realized oil prices, Ring Energy is positioned to deliver EBITDA margin expansion and robust free cash flows. Strong quarterly numbers are likely to be another factor that will drive REI stock upside.\nSource: Billion Photos / Shutterstock.com\nAker Carbon Capture(OTCMKTS:AKCCF) is another under-the-radar penny stock to buy. From current levels of 67 cents, the AKCCF stock is poised for 10 to 20 times returns, I believe. It’s important to note that the bullish outlook is backed by positive industry tailwinds that are likely to last beyond the current decade.\nAs an overview, Aker Carbon is a provider of product, technology, and solutions in the field of carbon capture. With increasing focus on decarbonisation, Aker Carbon has a big addressable market in the United States and Europe.\nThe big positive is that the company has a proven proprietary technology with over 60,000 operating hours and seven carbon capture units being delivered. The Company is planning a massive scale-up and istargeting 10 million tons of CO2 captureper annum by 2025.\nTherefore, revenue growth is likely to be stellar in the coming quarters. It’s worth noting that Aker has an order backlog of 2.6 billion Norwegian krone. This provides near-term revenue visibility.\nOn Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,\xa0InvestorPlace\xa0does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s\xa0writers disclose this fact and warn readers of the risks.\nRead More:Penny Stocks —\xa0How to Profit Without Getting Scammed\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe post7 Penny Stocks to Buy That Can Skyrocket Like Carvanaappeared first onInvestorPlace.', 'Penny stockstend to be volatile, illiquid and (in many cases) poor companies with limited financial standing and worse long-term outlooks. But that isn’t always the case, especially with penny stocks on the rise.\nPenny stocks saw per-share pricing drop further than expected in 2023, with ETFs like theiShares Micro-Cap ETF(NYSEARCA:IWC) dropping 2% compared to the wider market’s respectable 7% return since Jan. 1. That may be changing, though, as rate cut prospects, combined with the “worst in class” penny stocks being squeezed, combine to make today’s remaining micro-cap top contenders in their category.\nThe best part about penny stock investing is that you can diversify holdings across a range of sectors, geographies, business types, and more — creating a bespoke, customized portfolio best suited to your unique needs. Here are a few of the top penny stocks on the rise you may want to consider today.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: PHOTOCREO Michal Bednarek / Shutterstock\nStarting from the cryptocurrency side of penny stocks on the rise,Bit Digital(NASDAQ:BTBT) is aBitcoin(BTC-USD) mining stock priced far cheaper than well-known alternatives likeRiot Platforms(NASDAQ:RIOT). The company’s mining units number in the tens of thousands, and to date, they’ve mined more than 6,600 Bitcoins (worth more than $430 million at today’s pricing). That’s a drop in the bucket compared to mega-miners like Riot, which has mined about the same amount in 2023 alone. To offset the disparity, Bit Digital is also diversifying sales streams by leaning into AI-centric infrastructure.\nBit Digital AI is Bit Digital’snew business line, which “provides[s] specialized infrastructure to support generative artificial intelligence workstreams.”\nIn other words, Bit Digital is deploying a suite ofNvidia(NASDAQ:NVDA) units in a high-end data center to help smaller companies access greater artificial intelligence utility by offering multiple computing power access points.\nTo me, this is the future of digital crypto mining: whether due to regulation or cost-prohibitiveness, as mining becomes pricier, these companies will increasingly use their vast computing power to solve peripheral problems. And Bit Digital is a penny stock leading the charge into the emerging paradigm.\nSource: christinarosepix / Shutterstock.com\nDestination XL Group(NASDAQ:DXLG) stands out among penny stocks as a longstanding retailer with a proven business model and operational success. The company specializes in “big and tall” men’s clothing and has experienced a slight sales slump throughout 2023. However, it’s not enough to justify its current valuation.\nRecently, Destination XLposted fourth-quarterand end-of-year results with adjusted earnings of 10 cents per share for the quarter and 50 cents for the year. Although these figures marked a 16% and 20% drop, respectively, from the previous year, the company’s 10.7% EBITDA margin remains impressive. Despite this, Wall Street reacted negatively, sending shares down about 10% post-earnings.\nThis dip has brought the stock to a very appealing 6x price-to-earnings ratio and a share price of just 0.42x sales. Moreover, the company’s effective cash management has allowed it to remain debt-free and maintain high buyback levels. With a total yield of 12.52%, Destination XL Group is a compelling penny stock on the rise.\nSource: Wirestock Creators / Shutterstock.com\nLithium Americas(NYSE:LAAC) ranks among the top penny stocks on the rise this year, despite a sluggish lithium market. However, trends could reverse in 2024, potentially catapulting this Argentinian-focused mining stock. Demand for lithium, driven largely by batteries and renewable energy transitions, is expected to surge more than30% annuallythrough 2030.\nLike other lithium producers, Lithium Americas encountered slow demand and a significant oversupply in 2023, which depressed spot prices. But demand is accelerating, and some analysts predict animminent undersupply, likely pushing spot prices upward and benefiting Lithium Americas.\nMore importantly, Argentinia’s new president, Javier Milei, is sparking bullish sentiment about the lithium-rich region’s mining potential, as he wants toreduce hurdlesfor mining operations and recentlyspoke to Elon Muskabout the issue (lithium, of course, being a critical component in EV production).\nWith the stock tradingbelow its book valueand at a lower price-to-forward earnings ratio than in recent years, Lithium Americas is a unique commodity penny stock set to surge as markets realign.\nSource: Billion Photos / Shutterstock.com\nDesktop Metal(NYSE:DM) is a surging penny stock. The 3D-printing stock climbed over 15% since Jan. 1. Despite trading below previous highs, the penny stock is poised to broaden its market reach by targeting new audience segments with substantial growth potential.\nDesktop Metal’s healthcare-focused subsidiary,Desktop Health, has rolled out an expansiveinitiative called ScanUpaimed at dental professionals. This move capitalizes on the fact that “half of the dentists in the United Stateshave not yet adopted intraoral scanning,” representing a significant untapped market, as noted in a company press release. The ScanUp platform requires a 36-month commitment and promises to generate more predictable, recurring revenue for the small-cap 3D-printing penny stock.\nClosing out 2023, Desktop Metal notablyreduced its net lossto $323.4 million from $740.3 million the previous year. Although it is still on the path to profitability, Desktop Metal presents a high-risk but potentially high-reward penny stock investment opportunity within the expanding 3D-printing sector.\nSource: John Brueske / Shutterstock\nA few weeks ago, Ibriefly examinedThe Metals Company(NASDAQ:TMC) from a legislation perspective, theorizing thatGreenTech initiativesmight benefit the deep-sea metals mining firm. However, renewed Federal interest in sourcing essential metals and minerals from the ocean is not the only factor buoying this penny stock.\nThe companyrecently addedSteve Jurvetson as Vice Chairman and “special advisor” to the CEO. Jurvetson’s track record includes early investments and board roles atSpaceX,Tesla(NASDAQ:TSLA), andPlanet Labs(NYSE:PL), among others. Although relying solely on one individual to turn a company around is risky, Jurvetson’s experience nurturing small, speculative companies could significantly impact this deep-sea mining penny stock.\nA current concern for The Metals Company is itsburn rate—deep-sea mining exploration is expensive and slow to yield results. The company currently has enough cash and credit to sustain its operations for approximately another year. However, with Jurvetson’s appointment, expect strategic investment opportunities to surface soon, as he may begin leveraging his Silicon Valley connections for potential capital influx.\nSource: John Brueske / Shutterstock.com\nEnovix Corporation(NASDAQ:ENVX), an energy-centric penny stock, is leading the charge in cutting-edge battery technology. Unlike prominent battery producers like Tesla, which shifted their lithium-ion batteries away from rare earth materials while maintaining the basic battery structure, Enovix is revolutionizing the entire concept.\nThe company produces 3D silicone lithium-ion batteries, which are inherently more scalable and suitable for high-capacity applications such as smartphones and tech wearables. Enovix demonstrated this capability with two significant achievements recently. First, the companyobtained FDA approvalto include its batteries in vital sign monitors, such as blood pressure and heart rate monitors. Soon after, Enovix secured a major contract with the US Army to supply batteries fornext-generation military wearables, thus integrating 21st-century technology into soldiers’ toolkits.\nAlthough still focused on R&D, Enovix’s recent victories suggest a rapid acceleration as the company begins marketing its innovative batteries.\nSource: viewimage / Shutterstock.com\nFinally, on the cannabis stock side of the penny stocks spectrum,Tilray Brands(NASDAQ:TLRY) is a leading competitor thanks partly to German legalization efforts opening new global market opportunities forcannabis stocks. The stock surged 26% in just a few days, a spike that rapidly reverted to early 2024 per-share pricing after the hype slowed.\nLooking at broader sector-specific trends, the outlook strengthens further. U.S. legislatorscontinue to advocatefor rescheduling cannabis from Schedule I to Schedule III, though full legalization remains off the table for now. Even a slight federal relaxation of cannabis regulat Last 60 Days of Bitcoin's Closing Prices: [51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-25 Financial & Commodity Data: - Gold Closing Price: $2329.80 - Crude Oil Closing Price: $83.57 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,275,706,950,541 - Hash Rate: 630674365.8262494 - Transaction Count: 526242.0 - Unique Addresses: 633650.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – March 15, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: iShares Bitcoin Trust IBIT, Fidelity Wise Origin Bitcoin Trust FBTC, Bitwise Bitcoin ETF BITB, Valkyrie Bitcoin Fund BRRR and VanEck Bitcoin Trust HODL. Here are highlights from Thursday’s Analyst Blog: In an unprecedented surge of investor interest, spot bitcoin ETFs witnessed record inflows exceeding $1 billion in a single day on Mar 12, according to data from BitMEX Research.BlackRock's iShares Bitcoin Trustwas at the forefront, attracting nearly $850 million of capital. This underscores the rapidly growing enthusiasm for Bitcoin and its related financial products. Since its launch on Jan 11, 2024, IBIT has remarkably amassed more than $11 billion in inflows, dwarfing the combined inflows of nine other issuers who received approval from the Securities and Exchange Commission (SEC) to launch bitcoin spot price-based ETFs. The success of IBIT reflects a substantial shift in investment trends toward digital assets, especially Bitcoin, which remains the most significant cryptocurrency by market capitalization (read: Spot Bitcoin ETF). This growth is reflective of the broadening appeal of bitcoin ETFs among investors seeking exposure to the cryptocurrency market through regulated financial products. The collective AUM of the 10 spot bitcoin ETFs has exceeded $60 billion. With the unprecedented amount of capital flowing into crypto products, the world's largest cryptocurrency has been on an unstoppable rally. Bitcoin surpassed the $73,000 mark for the first time ever. This marks the fourth all-time high in six days. A looming reduction in the digital token’s supply growth (halving event) is also contributing to its huge rally (read: Bitcoin on an Unstoppable Rally: 5 Sizzling Hot ETFs). With Bitcoin's unique position in the digital currency space, many remain bullish on its future, forecasting it to breach the $100,000 mark before year-end. Further, Bitcoin seems to be a potential successor to gold as a secure asset, promising continued value growth driven by its increasing integration into the financial ecosystem. The cryptocurrency’s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. Let’s delve into the above-mentioned ETFs in detail: iShares Bitcoin Trust iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. IBIT has AUM of $14.8 billion and trades in an average daily volume of $26.6 million shares. Fidelity Wise Origin Bitcoin Trust Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024. It trades in an average daily volume of 11 million shares and has amassed $9.2 billion in AUM. Bitwise Bitcoin ETF With AUM of $1.9 billion, Bitwise Bitcoin ETF invests directly in Bitcoin and is easily accessible from a brokerage account. It has the lowest fees among the spot Bitcoin ETFs at 0.20% (read: Bitcoin Bulls Racing for $450K? Zooming in on Crypto ETFs). Valkyrie Bitcoin Fund Valkyrie Bitcoin Fund reflects the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate - New York Variant. It has an expense ratio of 0.25%, but the fee has been waived off for the first three months. Valkyrie Bitcoin Fund has accumulated $404.3 million in its asset base and trades in an average daily volume of 263,000 shares. VanEck Bitcoin Trust VanEck Bitcoin Trust seeks to reflect the performance of the price of Bitcoin less the expenses of the Trust's operations. It charges 20 bps in annual fees but the entire fee will be waived off for the first $1.5 billion of the Trust’s assets. VanEck Bitcoin Trust currently has $438.5 million in AUM and trades in a volume of 418,000 shares a day on average. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report iShares Bitcoin Trust (IBIT): ETF Research Reports Fidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports VanEck Bitcoin Trust (HODL): ETF Research Reports Valkyrie Bitcoin Fund (BRRR): ETF Research Reports Bitwise Bitcoin ETF (BITB): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/LadyRaoulDukeGonzo', "My Roommate Is Mining Bitcoin But He Claim He's Doing It In A Way That Won't Make Our Electricity Bill Skyrocket. Is This Even Possible? ", 40, '2024-04-25 00:35', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', 'This guy tends to bend the truth at times and I noticed he had a bunch of new computer hardware after talking about his interest in mining Bitcoin. Pretty much the only thing I know about mining is that it consumes a lot of electricity. When I asked if this would drive up the electricity bill he said some bullshit like, "oh, no thats why I have a CPU, so that it wont consume so much." Look, dude, all computers have a CPU, I\'m not that stupid. My question is, is there any hardware or something that could possibly make this true? I\'m like 99% sure he\'s full of shit but I don\'t want to put his balls in a vice on the off chance he\'s not. Sorry to sound so uninformed here, just thought I should ask.', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', '1ccbsb8', [['u/TacoShopRs', 37, '2024-04-25 01:11', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/l14cb1w/', 'He could be mining crapcoins probably using something like Nicehash that mines the best coins with his computer and pays in Bitcoin. If he is using an actual bitcoin miner you would 100% make the electricity bill skyrocket and would be very hot and loud. \n\nIf he is using a gaming computer to mine then it would probably pull maximum 400w with the highest end pc and that’s like $30 a month at 10c/kwh.', '1ccbsb8']]], ['u/unpopularpuffin9', 'Sold my 1 bitcoin for cro. One week update', 72, '2024-04-25 03:13', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', '1ccf7qu', [['u/A3rdRanger1776', 18, '2024-04-25 05:24', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/l15eeq8/', 'Selling (1) BTC at ~$65,000 = ~565,000 CRO. About 113,000 CRO in earnings over (1) year, or 2350 a week. \n\nObvious my numbers are off a bit since you said 2500 CRO a week, so you probably sold your BTC higher than $65k. 👍 \n\nIf BTC goes to $100,000 in the next 365 days, you would have gained about $35,000.\n\nAlthough, if BTC did/does go to $100,000 in 365 days, obviously 🙄 CRO would follow to about .25+. If you locked in at 11.2 cents…that’s a gain of “at a minimum .08, or .14 on the high end”.\n\n.08 x 565,000 CRO = $45,200 in gains. Basically if BTC only pumps to $100k in 365 days, you made a REALLY good decision!!!!!\n\nAt .14 x 565,000 CRO = $79,100 in gains. After (1) year you could sell 565k CRO + your gains and own around 1.5 BTC 😆, if BTC is $100k.\n\nThats pretty awesome!!', '1ccf7qu']]], ['u/unpopularpuffin9', 'Sold my 1btc for CRO. Staked it for 20%. 1 week update.', 316, '2024-04-25 03:13', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', '1ccf86r', [['u/Game_310', 56, '2024-04-25 04:25', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l1568qq/', 'Nice, 2,500 a week 🚀. I’m getting 943 Cro a week from my Icy stake and thought that was a lot lol.', '1ccf86r'], ['u/weswak89', 29, '2024-04-25 04:28', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l156ryu/', 'This guy just flexing on all of us', '1ccf86r'], ['u/unpopularpuffin9', 19, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l157z6b/', 'Seas are clear now, 51 weeks to go. A lot could happen.', '1ccf86r'], ['u/unpopularpuffin9', 27, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15839l/', 'That is a lot! Who knows, could be financial independence level by the time we see the top of this cycle', '1ccf86r'], ['u/kemek', 11, '2024-04-25 06:01', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15iybt/', 'You had one single BTC and traded it for CRO… Umm.', '1ccf86r'], ['u/ShibaInuMan', 11, '2024-04-25 06:16', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15kmcd/', 'Nice! Wish we had something like that. In the U.S. we get a 1099-Misc form sent to the IRS reporting any staking rewards of $600 or more per year. Every single transaction is also reported in a 1099-K form sent to the IRS. \n\nStaking rewards= considered income and it is taxed at your regular tax bracket\n\nIf you hold your staked rewards (that you already paid income taxes on) them then sell them a year later at a higher price= capital gains taxes on the difference from the acquired price if selling at a profit.\n\ncashback rebates is not income or taxed. If you hold them and sell them later at a higher price = capital gains taxes on the difference from the acquired price if selling at a profit.', '1ccf86r'], ['u/7ivor', 103, '2024-04-25 06:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15lbde/', 'Are you up in btc terms? Sold bitcoin for it, would make more sense to measure the returns against bitcoin.', '1ccf86r'], ['u/Tyranoc4', 15, '2024-04-25 06:40', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15ndh0/', 'a lot will happen.', '1ccf86r'], ['u/-X5-', 68, '2024-04-25 06:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15nrne/', 'This.\n\nI would estimate that OP is down 2% in BTC.', '1ccf86r'], ['u/Sea-Fondant3492', 61, '2024-04-25 10:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l167mxc/', 'Selling BTC for CRO is the worst idea I’ve ever heard in my life…', '1ccf86r'], ['u/CyberKingfisher', 12, '2024-04-25 13:56', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16rpw0/', 'Hmm… depends on how you see it. In this bull run, BTC might do 2-3x from current price. CRO might do 5-7x, possibly more. \n\nIt would make sense to buy BTC with returns then convert CRO back to BTC after the 12 month lock in period because BTC is more stable long term. I have no doubt CRO will dump again when people take profits. It all depends on your short, medium, long term goals', '1ccf86r'], ['u/Shabuwa', 10, '2024-04-25 14:26', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16vj3w/', 'tax bill? he left out the part that he bought the btc 3 weeks ago at 73,000 /s', '1ccf86r'], ['u/unpopularpuffin9', 21, '2024-04-25 17:57', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l17unp0/', "Thank goodness I don't live in the US. For such a large country, you'd think they'd have a tax system that makes sense to the average person.", '1ccf86r'], ['u/usernamezombie', 11, '2024-04-25 22:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l192xxx/', 'Large country. Hungry politicians for tax dollars. Enormous appetite for giving away tax payer dollars across the globe.', '1ccf86r']]], ['u/ZnV1', ' Hashing explained from scratch for noobs (like me), not for chad devs #dvsj ', 280, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', 'assuming you have no knowledge about hashes, this is me trying to explain it. \n*note: this is NOT related to hash brownies.\n\n# Find 5 differences between these pages 🥸\n\nI fell for a "WFH opportunity make $$$ from home comparing docs" scheme. \nI want to compare 2 pages manually. My algorithm would be:\n\n1. Take all words from the first page, take all words from the second page\n2. See if all words are the same in both pages\n\nJoking. Who has time to read everything? \nMore realistically, this is what I would do:\n\n1. Take first 2 words on the page (`good morning`), last 2 words on the page (`okay bye`)\n2. See if those 4 words are the same in both pages (`good morning`, `okay bye`)\n\n[why see all word when few word do trick?](https://preview.redd.it/uoeg5tlsfjwc1.png?width=714&format=png&auto=webp&s=3f699931b1a1f58fa0d4cc3dc186dc86dc33b8e2)\n\nMagic!* Instead of checking all words on the page, we looked at 4 words and decided if two pages are the same. \nWe have reduced the whole content of the page to just 4 words, kind of like an identifier that represents the whole page. These 4 words are called the hash. \nHash: A short text of a particular length that represents larger text.\n\n-----\n\n# But my algorithm sucks, right? 👎🏽\n\nObviously, there is a high chance of false positives and duplicates. \nAny page that starts with `good morning` and ends with `okay bye` will give us this hash. \nWhen different content results in the same hash, it’s called a collision.\n\nCan we improve our algorithm to reduce chances of collision?\n\n1. Instead of just the first and last words, take all the words in the page.\n2. Replace the alphabets with numbers - `A = 1`, `B = 2` and so on to get a large number.\n3. Do random mathy stuff. Add 19237, divide by 842, multiply by 91, divide by 1928 etc.\n4. We might get the number `8364181236938917`. I’d say that’s pretty unique. Better than `good morning okay bye`!\n\nYou get the idea - we generated the hash considering only first 2 and last 2 words, but the computer can generate a hash where it considers all the letters in the content! \nThis means that even if 1 character is changed, the hash will vary by a large margin.\n\nThat’s it, you now know what hashing means.\n\n-----\n\n# A quick review: what have we learnt from our "algorithms"?\n\n1. Hashing is one way. When we are given only the hash (`good-morning-okay-bye` or `8364181236938917`), there’s no way we can find the complete original content of the page.\n2. Hash value is repeatable. No matter how many times we regenerate the hash: for a particular input, the hash will always be the same.\n3. (very) hard to find any input that can give us a particular hash. If I give the hash `8364181238938917`, how do you find an input that generates this exact hash? The only way to find an input that gives that exact hash is to try different values repeatedly. And there could be like a billion values, so…yes, pretty hard. As long as the algorithm is good.\n\nSome popular algorithms: SHA, BCrypt, MD5.\n\nI know what you\'re thinking. "Blah blah blah theory theory, but why tf do I care?", so here are some general applications.\n\n-----\n\n# Used to Verify Data Integrity - Checksums ✔️\n\n(Checksums are just another name for hashes. One cool word free.) \nWhen we download software, there are chances that the file we downloaded aren\'t exactly the same as what they\'ve uploaded. \nMaybe there was a network issue and you have only half the file, maybe there was some dude in the middle who handed off a fake file to you.\n\nSo how do companies help us verify this?\n\n1. They generate a hash of their full exe file (and call it checksum instead of hash ofc)\n2. We generate a hash of the file that we downloaded\n3. We compare both. If they match, it\'s the same file.\n\n[Example from the VLC download website. I\'m too cool for winamp](https://preview.redd.it/euuoc7nxfjwc1.png?width=1080&format=png&auto=webp&s=3de7c898f31231cd5e73f07c65fc955483fe573a)\n\n-----\n\n# Used to quickly compare data - User passwords 🤐\n\nLet’s say your password is “your\\_crush\\_from\\_2nd\\_grade” and its hash is `13378008135`. \nInstead of storing user passwords directly, we hash it and store the hash of the password in the DB. \nDuring login, we hash the entered password and compare it with the value in the DB. If it matches, you’re in. \nThe advantage here is that even if someone gets access to the DB, they will only see `13378008135` and your password won’t be exposed. Your secret crush is safe.\n\nBut wait - remember hash collisions where multiple inputs can give us the same hash value? Yup, this means that login will succeed if you enter any password that produces the exact hash `13378008135` since we only compare hashes and not the actual passwords.\n\nIn good algorithms like BCrypt or SHA-512, odds of collision are almost 0 and we don\'t worry about it. Older algorithms like MD5 shouldn\'t be used tho.\n\n-----\n\n# Used to prove you have put work into it - Bitcoin (one for the crypto bros) ⚒️\n\nI said it’s “hard to find inputs that can give us a particular hash”. But really, how hard can it be, right?\n\nWhen countries mint (print) money notes, the country owns it. But what about when new Bitcoins are created? \nTo decide that, they have a mechanism called "proof of work": they give you a hash, you have to find an input that gives that exact hash.\n\nThis is SO hard that people buy thousands of computers, trying millions of input values one by one to see if they\'re the lucky winner - and they still fail. It\'s a lot of work. \nWhen you see news about how crypto is wasting electricity, huge server farms etc - this is what they refer to, cryptomining.\n\nIf it feels funny, let’s get real: if you had figured out just one single hash last year, you would have made SERIOUS bank. Look up the price of Bitcoin last year. That’s how hard it is to reverse a hash.\n\n-----\n\n# Some example hashes\n\n "test" : "098f6bcd4621d373cade4e832627b4f6"\n "text" : "1cb251ec0d568de6a929b520c4aed8d1"\n "t" : "e358efa489f58062f10dd7316b65649e"\n\nNote that even with a single character change, results differ completely.\n\n-----\n\nThat’s it! You should now know enough about hashing to identify it around you, and also read more about it online. :)', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', '1cch13e', [['u/ZnV1', 18, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l158l6q/', "Any feedback or questions are welcome. Tried to generalize things a bit to make it more digestible - most of these parts are a separate post on their own (don't get me started on passwords, salting, rainbow tables etc!) :)\n\nAlso let me know if there are other topics you might be interested in :D", '1cch13e'], ['u/solarisNebula', 60, '2024-04-25 06:19', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l15l08w/', 'Awesome post. Please do another one on OAuth authentication if you can. Again thousand upvotes if I could man. Awesome post.', '1cch13e'], ['u/Hlemguard', 10, '2024-04-25 07:53', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l15usoj/', 'I second this, would be amazing! Thanks for your post!', '1cch13e'], ['u/KalvinOne', 15, '2024-04-25 08:54', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l160cqc/', 'This is incredible. I never got to learn how hashes work and you explained it perfectly in under 5 minutes.\n\nYou should make a Youtube Shorts version of this and post it online with hashes, auth, and other webdev concepts.', '1cch13e']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, April 25, 2024', 25, '2024-04-25 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/', '1cciitq', [['u/John_Crypto_Rambo', 12, '2024-04-25 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l15n6ko/', 'monthly RSI', '1cciitq'], ['u/a06play', 14, '2024-04-25 11:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16d0ol/', "Two wars, unlimited dollars and i'm feeling bullish, floating around 60K like when you chill at the beach, not a care in the world.\n\nPut your HODL stack to one side and wait. Gamble your trading sack until the hairs on your balls turn grey.\n\nBitcoin adoption will only grow from here.", '1cciitq'], ['u/noeeel', 12, '2024-04-25 12:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16izgb/', 'Just a reminder that the daily bbands already break down.\n\nThe attempt to make this downbreak only a fakeout with a retrace to the upside just failed.', '1cciitq'], ['u/btchodler4eva', 17, '2024-04-25 13:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16o4u6/', 'Not really news but seems ETH ETF will be denied next month:\n\nhttps://x.com/deitaone/status/1783437874068607069', '1cciitq'], ['u/WYLFriesWthat', 12, '2024-04-25 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16op4y/', 'Today we celebrate our sacrifice to the chart gods. For the price of one red monthly candle, they shall grant us a Herculean support level to buoy the parabolic move to come. \n\nAnd now, let us tempt fate. \n\n!bitty_bot predict !>80000 may 1', '1cciitq'], ['u/Outrageous-Net-7164', 16, '2024-04-25 13:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16qc59/', 'Alts have been all but killed this cycle havent they. Sure sign that retail haven’t got involved in the bull run. \n\nNot sure what to make of it all to be honest.', '1cciitq'], ['u/Frunknboinz', 10, '2024-04-25 13:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16qxhh/', "Regular retail isn't sitting at home with fresh gov money.\xa0 Those around are playing micro cap new-age meme coins.", '1cciitq'], ['u/Cultural_Entrance312', 16, '2024-04-25 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16vfuc/', 'On the hourly BTC brock though the rising channel it was in and hit resistance around the old sloping resistance from the last pennant. RSI is at 40.2 (average 36.3) at time of writing. Current, nearby, resistance are 64.1,65.7 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 63, 61.7, 60.5 and 59.\n\nThe daily RSI is 45.1 and its average is currently at 45.5. A falling wedge is forming and BTC is at the upper resistance of it. Same resistances/supports as I mention in the hourly. This could correct down to the sloping support line over the next couple of days. I think it will be depend on how 63k holds up.\n\nBTC closed for the 3^(rd) week in a row in the red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 68.8 (78.1 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Current support from the pennant is about 61.5. Will need to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is not overbought currently, it’s monthly RSI is 69. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/Yv7zzLqi/](https://www.tradingview.com/x/Yv7zzLqi/)\n\nDaily: [https://www.tradingview.com/x/vzs1mJmS/](https://www.tradingview.com/x/vzs1mJmS/)\n\nWeekly: [https://www.tradingview.com/x/DvL97UHi/](https://www.tradingview.com/x/DvL97UHi/)\n\nMonthly: [https://www.tradingview.com/x/dqnAMd9v/](https://www.tradingview.com/x/dqnAMd9v/)', '1cciitq'], ['u/dopeboyrico', 12, '2024-04-25 14:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16w88k/', '[AUM held in new spot ETF’s is now at $34.4171 billion through day 72 or ~536.25k BTC.](https://x.com/bitmexresearch/status/1783449880435818996?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.9630 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $478.02 million with average inflows of $406.37 million or ~7.45k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 17.6%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.176.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.4171 billion is 0.202% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 356 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.8% of that amount of BTC over the span of 72 trading days.', '1cciitq'], ['u/Cadenca', 21, '2024-04-25 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16wwwv/', "Pretty sizable GDP miss in the US today, 1.6% vs 2.5% expected. Likely to be good for Bitcoin, easily ups the hopes for rate cuts... at some point... eventually. Doesn't hurt, at least.", '1cciitq'], ['u/adepti', 13, '2024-04-25 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16ysbp/', 'Not sure if a V shaped bounce is in order here. We already had our v shaped bounce off of the 60k level and that turned into a dead cat bounce and rejected off of 67k. If we retest that 60k support again we might just slice right through it like butter this time . \xa0', '1cciitq'], ['u/DaBrokenMeta', 13, '2024-04-25 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l171nyu/', 'Reasons for price dropping today:\n\nWoke up funny, realized my ex gf probably doesn’t think about me AT ALL. My parents yelled at me. Red tide is blooming in the Atlantic Ocean. There is a full moon. There was a black crow outside my window. A person named Sam died today another person named same will likely pass away somewhere in the world later today. I was hungry for food and fridge was empty. \n\nThe list goes on. ):', '1cciitq'], ['u/Alert-Author-7554', 11, '2024-04-25 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l177rvf/', 'a hodl a day keeps the goblin away', '1cciitq'], ['u/escendoergoexisto', 10, '2024-04-25 15:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l178f4c/', 'On the daily view, I use the 50EMA & 50SMA as momentum and trend change indicators. PA had broken below both yet regained the 50DEMA. Today, it has broken back below the 50DEMA. That signals more downside to come. Scroll back through this bull run with those moving averages on the daily and you’ll see the importance of them. Currently, PA needs to regain the upside of the 50DEMA and pull it up for a cross of the 50SMA to create a trend change and establish some bullish momentum.', '1cciitq'], ['u/I_AM_AN_AEROPLANE', 13, '2024-04-25 16:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17a3qe/', 'I know this signals more down, but im not feeling it yet…', '1cciitq'], ['u/mad_bitcoin', 21, '2024-04-25 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17bahe/', 'Maybe a decoupling from the stock market would be in order? lol', '1cciitq'], ['u/AverageUnited3237', 14, '2024-04-25 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17ds5v/', 'Good day to get my tax refund. The system is a scam.', '1cciitq'], ['u/supersonic3974', 47, '2024-04-25 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17eaa2/', 'GBTC has removed "largest Bitcoin ETF" wording from their website!', '1cciitq'], ['u/mad_bitcoin', 10, '2024-04-25 16:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17hc16/', 'lol...FU GAYSCALE!', '1cciitq'], ['u/John_Crypto_Rambo', 27, '2024-04-25 17:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17mu4h/', 'Perhaps replace with banner saying “Largest Bitcoin ETF Fees”?', '1cciitq'], ['u/StaticWood', 12, '2024-04-25 17:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17oapa/', 'Or largest ETF outflow provider :)', '1cciitq'], ['u/Odd_Occasion_563', 14, '2024-04-25 18:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l1804yj/', 'Refund is almost always a bad thing. It means the govt borrowed your money. The 20k I owed the government was one additional btc in my pocket in Jan23', '1cciitq'], ['u/_supert_', 12, '2024-04-25 18:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18358h/', 'Shit be fucked = stonks go up, in my book.', '1cciitq'], ['u/CurrencyAlarming1099', 12, '2024-04-25 19:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l183v7t/', "Exactly. Dollar losing value means the price of everything goes up. \n\nInflation is the only viable political path. Yes it can be worked around in the short term but eventually it's either austerity or inflation and I know which one the people prefer. The end game is likely still decades away though, anyone betting on the dollar's collapse in the near future will be rekt.", '1cciitq'], ['u/adepti', 14, '2024-04-25 20:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l189e21/', "Looks like they'll chop n churn us all summer, and serve us daily crab for the rest of the summer. Hope ya'll like blue balls crab\n\nSince it's election year, I'm sure they'll prop things back up after summer and it's business as usual come winter time just in time for elections.", '1cciitq'], ['u/GhostEntropy', 11, '2024-04-25 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18blcm/', 'planning for the invevitable', '1cciitq'], ['u/Belligerent_Chocobo', 11, '2024-04-25 20:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18dgts/', "Except the Fed has been a net seller of Treasuries for a couple years now, and the overall money supply has been decreasing, not increasing.\n\nSure, longer term, yes of course they're going to be running the printers again, but let's at least be honest about the facts on the ground today...", '1cciitq'], ['u/YouAreAnFnIdiot', 11, '2024-04-25 21:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18nvyu/', ' seems like dumps getting weaker? Morale almost to low levels?', '1cciitq'], ['u/notagimmickaccount', 19, '2024-04-25 21:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18p9de/', 'and just as we all predicted, the epic sat from the latest halving block sold for 33.3BTC. LOOOOOOOL \nhttps://www.coinex.com/en/halving-block-auction', '1cciitq'], ['u/nationshelf', 10, '2024-04-25 21:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18ujy1/', 'Transaction fees back to normal', '1cciitq'], ['u/xtal_00', 56, '2024-04-25 22:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18w1gm/', 'Goblin town has really gentrified.', '1cciitq'], ['u/AverageUnited3237', 10, '2024-04-25 22:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l19564s/', 'Well fucking shit lads, that GOOG moon has really ballooned my income. Time to step up the DCA', '1cciitq'], ['u/btctrader12', 16, '2024-04-25 23:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l196msd/', 'Looks like this will chop for centuries or drop. Going to stop looking at the price and try to enjoy the summer', '1cciitq']]], ['u/McSOUS', 'Fell for a scam at work. Completely distraught', 343, '2024-04-25 06:31', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/', 'Someone called my work 10 minutes before we closed impersonating the owner\'s brother, he name dropped the owner and the actual brothers name. Said there was a fed ex order coming soon that he needs confirmation for, gave me transaction numbers and everything. Fed Ex person calls and relays the same information as well as giving other info that the "brother" told me to ask. like name, eta and stuff. I was fully believing it out of panic since he made it seem so urgent. Gave me reference numbers for payments but said one didnt go through since "Fed Ex doesnt accept cheques". The "brother made me get every single bill in the store. I shouldve clued into this next part but i was in a deep panic because they said there would be a $10,000 cancellation fee for the order and he had me drive to a bitcoin atm to deposit the money. Again i didnt even clue in because absolute fucking panic. I feel like an absolute embarrassment and am gonna lose a job i loved because of this. I cant handle this shit anymore and am very close to completely giving up on life. Like im an absolute fucking clown for not stopping to question anything or even give the actual owner a call. Im such a fucking fuck up.', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/', '1ccj3gg', [['u/Space--Buckaroo', 17, '2024-04-25 06:44', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15nty8/', 'How much did you lose?', '1ccj3gg'], ['u/McSOUS', 17, '2024-04-25 06:47', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15o3ta/', 'Almost $5000', '1ccj3gg'], ['u/Sunny_50', 153, '2024-04-25 06:56', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15p4a9/', 'Call the owner asap', '1ccj3gg'], ['u/Really_Doughnut_Care', 291, '2024-04-25 06:59', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15pee9/', 'keep in mind numbers can be spoofed. never blindly trust caller id, especially not when the person calling presents you with a critical and time sensitive predicament.\n\nthey had you exactly where they wanted - in a state of panic and thus, unable to do some much needed logical thinking.\n\nbest thing you can do for yourself after this is to learn from it.', '1ccj3gg'], ['u/McSOUS', 171, '2024-04-25 07:01', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15plzs/', 'I did, explained everything. I have a meeting tomorrow so i will probably get fired from one the only jobs ive ever enjoyed.', '1ccj3gg'], ['u/McSOUS', 26, '2024-04-25 07:06', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15q31u/', "I cannot afford anything close to that. I'm saving up for school and this just completely fucked me up", '1ccj3gg'], ['u/MeanSatisfaction5091', 19, '2024-04-25 07:09', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15qhsy/', "No, he doesn't need to be working at this job 😂\xa0", '1ccj3gg'], ['u/Chronographics', 261, '2024-04-25 07:12', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15qsov/', 'You’re the victim of a well executed social engineering scam with great urgency. You responded to someone you believed was the owner’s brother. \n\nI would not go into the meeting blaming yourself. In fact I’d suggest a post to r/legal. \n\nThe way you are talking is as if you are to blame here. You may dig yourself a deep hole. Get some professional advice and support.', '1ccj3gg'], ['u/mataliandy', 39, '2024-04-25 07:33', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15suww/', "Way back in the 1980s, I made an error that caused $10k in added printing costs - that would be like $27,500, today. It was not fun, but I was OK. You'll be ok, too. \n \nThe company probably has insurance. \n\nDefinitely get legal advice, if you can via r/legal before you have that meeting tomorrow. There are things you don't want to say out of panic, someone with a legal background will be able to guide you. You don't have to be alone in this.", '1ccj3gg'], ['u/Peanut-Beans', 23, '2024-04-25 07:42', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15tq81/', 'i know you’re beating yourself up over this, but please know that we are all human and all make mistakes. even tenured professionals have fallen victim to these types of things - scammers are getting smarter and the sense of urgency really makes you panic. \n\ni hope that management is kind and understanding enough to move past this, but if not, you’re going to be okay. life is FULL of learning experiences and this might just be one of them. \n\nif anything, you’ve learned something valuable that you ca use to help people in the future. i know it sucks, but you can help others not make similar mistakes. \n\nlet us know how it goes!', '1ccj3gg'], ['u/Odd-Historian-6536', 383, '2024-04-25 07:44', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15txb5/', 'Scammers always work on urgencies. Number one red flag. Break through the urgency and the scam will become more visible. Number two red flag. Bitcoin.', '1ccj3gg'], ['u/king_eve', 53, '2024-04-25 07:47', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15u7kf/', 'you shouldn’t be paying it back at all!', '1ccj3gg'], ['u/Additional_Band451', 37, '2024-04-25 08:06', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15w2gz/', 'a «\xa010000$ cancellation fee\xa0» and you didn’t feel necessary to at least double-check with your boss? 🤔', '1ccj3gg'], ['u/Additional_Band451', 14, '2024-04-25 08:07', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15w3e8/', 'a «\xa010000$ cancellation fee\xa0» and you didn’t feel necessary to at least double-check with your boss? 🤔', '1ccj3gg'], ['u/HumanRightsAdv', 16, '2024-04-25 08:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15wifp/', "Tell your boss what happened, don't expect to be in charge of money anymore", '1ccj3gg'], ['u/usernametakensofme', 51, '2024-04-25 08:25', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15xrb7/', "I am so sorry this happened to you. My daughter-in-law was scammed on her first shift back from her honeymoon. Starbucks fired her and fought her right to unemployment! Sent a regional manager to testify training blah blah blah. (A 15 minute video.) She felt horrible and stupid but she is just a good and trusting person who was taken by surprise. Please don't beat yourself up over this. Scammers are masters at their game, dropping familiar names with urgent action needed. I can only hope you have a better employer than Starbucks!", '1ccj3gg'], ['u/Clear_Radio1776', 11, '2024-04-25 08:52', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16061r/', 'Let’s take a step back and look at the big picture. The approach I would take is to flip the script and put the bright line on them not you. The business should have put layers of training and security in place to prevent this. That is their responsibility. Like to require written authorization from your supervisor before such a transaction can be made. It’s not uncommon for cheques to require a countersignature. In your meeting, I would absolutely tell the owner that you were not trained for that situation and in fact, you were the victim of a fraud. A theft no different than an armed robbery. The owner can easily make a claim on his commercial insurance for the loss based on fraud and theft. You should not take the hit on this.', '1ccj3gg'], ['u/HKHunter', 41, '2024-04-25 09:10', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l161r26/', 'You went to a bitcoin ATM? Expect the police to be involved, I would suspect that you yourself have stolen the money rather than believe that you would go to a bitcoin ATM without suspicions. Worth seeking legal advice.', '1ccj3gg'], ['u/dceckhart', 45, '2024-04-25 09:34', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l163rzg/', 'Report it ASAP to Ic3.gov and call your local FBI field office. They may be able to help with clawing back. This should be standard practice. I know, bitcoin so probably not, but this is a needed response to any financial scam.', '1ccj3gg'], ['u/ram5ayG', 39, '2024-04-25 09:36', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l163zwl/', 'that may be nothing to a business (possibly), an employee where i worked accidentally left a fridge open that had vaccines in it worth 16k and they were not fired. Obviously different situation but just a reminder everyone makes mistakes', '1ccj3gg'], ['u/Horrorwolfe', 21, '2024-04-25 09:41', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164cmg/', 'They have insurance, and if they don’t that’s on them.', '1ccj3gg'], ['u/HKHunter', 30, '2024-04-25 09:42', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164h00/', 'I understand, that’s how these scams work. I’m just saying how it may be seen by the owner. It’s not a huge amount though and people fall for worse all the time, it’s not the end of the world.', '1ccj3gg'], ['u/oxyscotty', 44, '2024-04-25 09:43', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164i0x/', 'not to sound like a dick, but it\'s only a job. I\'m sure you really liked it, but it\'s far from the end of the world even if it feels like that. Chances are you aren\'t going to get fired unless they feel you acted in malice, but from the story I\'m getting it\'s probably just hanlons razor. BUT in the case you do, people have recovered from far worse scams than just losing a job. Not to say "just losing a job" like it\'s not a big deal, but people have lost entire life savings and so on and I\'m sure they all thought it was the end too, but given time the human brain has an incredible ability to move on and adapt through the worst circumstances. I know I\'m just a random person and I don\'t actually know your situation, but statistically speaking you\'re going to be okay no matter the outcome. \n\nAnd honestly if anything, your bosses will at least know you\'re never going to fall for something like that again lol', '1ccj3gg'], ['u/firesolstice', 197, '2024-04-25 10:30', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l168bru/', 'Still, getting sent to a Bitcoin ATM to pay FedEx? Not knowing what kind of job OP does, but anyone who ships or receives any kind of goods in any kind of job capacity knows that no shipping company accepts payments that way.', '1ccj3gg'], ['u/bakermaker32', 28, '2024-04-25 10:50', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l169uif/', 'Actually, unlike some other posters said, “ this is your fault”. Unless it is your specific job, there is no way you should be scrounging up every bill and going to a bitcoin machine. Any normal person would simple tell the caller, I can’t help you, call back tomorrow. Sorry you got scammed, but the fact that you fell for this says maybe you are too young for the workplace.', '1ccj3gg'], ['u/Chronographics', 60, '2024-04-25 11:07', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16b6ki/', 'Yeah sure. As far as they were concerned they were talking to the business owner’s brother. In hindsight of course it was all wrong. The OP has already clearly acknowledged that completely. Refer to the original post if you’re unclear on that.', '1ccj3gg'], ['u/mail_on_sunday', 49, '2024-04-25 12:02', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16fone/', 'Anytime anyone tells you to pay for something through crypto you should immediately assume it’s a scam even if the person is allegedly someone you know or from a valid number or email (scammers can and do spoof both). \n\nI know $10000 seems like a lot, but compared to some scam stories I’ve seen on here, it’s still something you can recover from relatively easy. I know it’s hard to consider this right now, but there will be other jobs and other opportunities so don’t give up on life just yet.', '1ccj3gg'], ['u/Wrestling-Nun', 15, '2024-04-25 12:13', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16go7y/', 'I wonder how he even got a job in the first place. I can’t believe this is real. This has to be a troll story lol', '1ccj3gg'], ['u/Ok-Lingonberry-8261', 14, '2024-04-25 12:14', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16grai/', 'Agreed. There are zero non-fraud uses for Bitcoin ATMs. OP should have smelled a rat.', '1ccj3gg'], ['u/fleeingcyber', 35, '2024-04-25 13:05', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16ltf1/', 'I mean I guess it\'s a step in the right direction from "send us google pay gift cards" lmao. But still. Bitcoin?', '1ccj3gg'], ['u/SamuelVimesTrained', 69, '2024-04-25 13:59', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16s3lw/', "And THIS is one of the reasons I say - if crypto is involved it is a scam.\n\nThis is a harsh lesson.\n\nIf they claim 'urgent urgent' - then 'management' should handle this. \nNot a 'mere' employee. \nAnd 'cancellation cost' - that\\`s a business risk. Lack of planning on their end etc.", '1ccj3gg'], ['u/Just_enough76', 18, '2024-04-25 14:00', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16s9fu/', 'The scammer makes a call similar to the one in this post. Pretending to be the district manager or something similar. They tell you you need to pull money out of the safe. It’s a common scam in terms of Starbucks and they even have signs all over the store explaining it. There’s even a sign on the safe itself. And the “15 minute” training is done like every 6 weeks or so. \n\nDespite all the warnings and training and reminders, people still fall for it. It’s mostly new shift leaders who go through with it but I’ve heard of seasoned managers who fall for it too.', '1ccj3gg'], ['u/Joshthenosh77', 24, '2024-04-25 14:03', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16sk1k/', 'I live my life that everything is a scam , until proven it’s not', '1ccj3gg'], ['u/sunshineandrainbow62', 40, '2024-04-25 14:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16tjvp/', 'Urgency = Scam', '1ccj3gg'], ['u/Praydaythemice', 41, '2024-04-25 14:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16tn17/', 'That would tripped my bullshit meter to max, as massive courier like fedex using crypto? It’s like if ups told you to go to target and buy 10k worth of gift cards.', '1ccj3gg'], ['u/lagoosboy', 21, '2024-04-25 14:24', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16va48/', 'You will get fired. You went beyond your pay grade and touched funds you were not authorized to. No employer would want someone with such terrible decision making. All you had to do was make one call to your boss. I was a retail manager. I was approached by 2 US Marshall’s with badges and all about an employee. I did not give them any information. I called the companies legal department. You did all this over the phone because the owners brother said so. Ridiculous.', '1ccj3gg'], ['u/mail_on_sunday', 23, '2024-04-25 14:26', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16vm9r/', 'OP is Canadian. [Canadian Anti-Fraud Centre](https://antifraudcentre-centreantifraude.ca/report-signalez-eng.htm) is who he needs to call.', '1ccj3gg'], ['u/Cagel', 11, '2024-04-25 14:30', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16w4gv/', 'It also needs to be reported because the company will be reporting it as theft if an employee empties the registers of all the money.', '1ccj3gg'], ['u/scienceworksbitches', 16, '2024-04-25 14:32', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16wbdz/', '>The business should have put layers of training and security in place to prevent this.\n\ni disagree. at some point you cant train common sense. not giving out creditcard info, check fraud etc, sure, you can train for that. but scrounging up all cash in the establishment and sending it off in a bitcoin machine?? \nshould they also train them not to rip the copper out of the walls and hand it over to a methhead with a wheelbarrow? jfc', '1ccj3gg'], ['u/einstein-was-a-dick', 25, '2024-04-25 14:46', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16y9eq/', 'Untraceable so OP may be lying about this and just kept 10K.', '1ccj3gg'], ['u/Semanticss', 140, '2024-04-25 14:46', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16yaqz/', 'The Bitcoin ATM is a fucking neon flag.', '1ccj3gg'], ['u/TheNonCredibleHulk', 29, '2024-04-25 14:52', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16z8f1/', "Friend of mine got fired on her first day at her first job as a cashier for falling for a quick change scam. Some companies just don't care.\n\nBut the bitcoin thing? I can't believe anyone still falls for that. Urgency or not.", '1ccj3gg'], ['u/ManiacFive', 44, '2024-04-25 15:00', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l170dbx/', 'Bitcoin ATMs exist purely to scam people. They shouldn’t be allowed.', '1ccj3gg'], ['u/teh_bakedpotato', 61, '2024-04-25 15:03', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l170tl5/', "I'm sorry but if you fall for that scam so hard that you gather every bill in the store and deposit them in a bitcoin ATM despite all of these redflags, I wouldn't want to employ you. I don't want to victim blame, but it really shows a lack of critical thinking skills and makes them seem like a massive liability.", '1ccj3gg'], ['u/al373', 19, '2024-04-25 15:05', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l1713w2/', 'That’s so crazy I ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks tumbled after the first-quarter GDP report on Thursday.\n• Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.\n• Commentators pointed out that the data was still mostly strong but inflation is problematic.\nStocks fell on Thursday, with the Dow Jones Industrial Average losing 375 points as the market took in weaker-than-expected economic data.\nGrowth slowed but inflation stayed high last quarter, a discouraging sign for traders as they look for signs the Federal Reserve will soon cut interest rates. Slowing growth and high inflation is a tough scenario for the economy and hasled to "stagflation"in previous eras, like the 1970s.\nYet, several banks noted that the data is still upbeat under the surface. Barclays and Bank of America both noted that demand looks to be solid still, evidenced by sales to domestic purchases, which came in at 2.8% for the quarter.\nHowever, inflation was a nasty surprise, and the situation could be complicated even more by Friday\'s personal consumption expenditures report, which is the Fed\'s preferred measure of inflation. Bank of America analysts said that they forecast upward revisions in January and February PCE, rather than a big surprise jump in the March figure.\n"The economy will likely decelerate further in the following quarters as consumers are likely near the end of their spending splurge. Savings rates are falling as sticky inflation puts greater pressure on the consumer," LPL Financial chief economist Jeffrey Roach said.\xa0"We should expect inflation will ease throughout this year as aggregate demand slows, although the path to the Fed\'s 2% target still looks a long ways off."\nThe 10-year Treasury bond jumped five basis points to 4.704%.\nMeta tumbled Thursday, helping to drag the wider tech sector down. The social media firm delivered disappointing guidance after reporting earnings that beat estimates. Markets are awaiting results after the closing bell for Microsoft and Google parent Alphabet.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,048.42, down 0.5%\n• Dow Jones Industrial Average:38,085.80, down 1% (375 points)\n• Nasdaq Composite:15,611.76, down 0.6%\nHere\'s what else is going on:\n• High inflation could be with us for a whileas commodity prices see a fresh surge, the World Bank says.\n• Bill Gross said on X that investors should avoid tech, but there\'s one name he says stands out if you have to dabble in the sector.\n• A "buy bitcoin" sign scrawled on yellow legal paper sold for $1 million. It was flashed by an intern during a congressional hearing of Janet Yellen in 2017.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1% to $83.75 a barrel.Brent crude, the international benchmark, ticked gained 1.3% to 89.18 a barrel.\n• Goldrose 0.4% to $2,347.70 an ounce.\n• The 10-year Treasury yield rose five basis points to 4.704%.\n• Bitcoinedged up to $64,586.\nRead the original article onBusiness Insider', "Payments giant Stripe hasannouncedits return to the cryptocurrency space after co-founder John Collison revealed their plan to allow merchants to receive funds in the form of the USD Coin (USDC) stablecoin. According to Collison, the “transactions instantly settle on-chain and automatically convert to fiat” and will begin as soon as this summer.\nBusinesses utilizing Stripe's technology will have the capability to accept payments made in USDC, the second-largest stablecoin in the crypto market and the sixth-largest cryptocurrency by market capitalization. By embracing USDC, Stripe aims to empower its users by facilitating global transactions and providing customers with easy, fast, and secure payment options, regardless of their access to traditional banking services or credit cards.\nJohn Egan, the head of crypto at Stripe, expressed enthusiasm about the integration of stablecoin payments, highlighting the potential to enhance merchants' reach and offer their customers a seamless payment experience. Stripe plans to initially support USDC transactions on the Ethereum, Solana, and Polygon networks, with additional network compatibility to be announced closer to the launch date.\nThis move marks Stripe's reentry into the crypto landscape after its initial foray in 2014 when it became one of the earliest major companies to accept Bitcoin payments. However, the company discontinued its crypto services in 2018 due to rising costs on the Bitcoin blockchain. Despite this setback, Stripe remained optimistic about cryptocurrencies as a whole.", 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', "Road Town, British Virgin Islands--(Newsfile Corp. - April 26, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Bitcoin EDen Rich(BITBEDR) on April 25, 2024. Users of LBank Exchange can brace themselves for the BITBEDR/USDT trading pair, which went live already.\nBITBEDR listing banner\nTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8831/206805_b1ef53aa841ef8df_001full.jpg\nBitcoin EDen Rich (BITBEDR) is developing a decentralized blockchain ecosystem that bridges virtual assets with the real economy, offering services ranging from the distribution of products in virtual worlds like NFTs and metaverses, to real-world applications in skincare, health, sports, donations, and more.\nIntroducing Bitcoin EDen Rich: A Decentralized Blockchain Ecosystem Bridging Virtual and Real Economies\nLBank Exchange is thrilled to announce the listing of Bitcoin EDen Rich (BITBEDR), a visionary blockchain initiative designed to integrate decentralized finance (DeFi) with advanced technological frameworks like artificial intelligence (AI) and blockchain verification systems. Positioned at the forefront of the digital asset revolution, BEDR aims to transform the landscape of virtual asset trading and investment. By leveraging the power of AI, the platform provides users with insightful, data-driven investment strategies and real-time market analysis, enhancing the efficiency and effectiveness of digital transactions and investment decisions.\nThe BEDR ecosystem is built on a foundation of inclusivity and accessibility, offering a range of services tailored to both novice and experienced investors. These services include automated trading, peer-to-peer (P2P) brokerage, group investment opportunities, and a robust community for information verification. This ecosystem not only lowers the barriers to entry for virtual asset investment but also fosters a transparent and secure environment through blockchain technology. BEDR's commitment to decentralization extends to every aspect of its operations, ensuring that financial control and data ownership remain in the hands of its users.\nWith its innovative integration of AI and blockchain, BEDR is poised to lead the transition towards Web 3.0, where virtual assets are seamlessly intertwined with real-world applications. The platform's focus on regulatory compliance and security further solidifies its position as a reliable and forward-thinking solution in the blockchain space. As BEDR continues to evolve, it aims to expand its offerings, entering new markets and refining its technology to better serve its users and reshape the future of decentralized finance.\nAbout BITBEDR Token\nBased on ERC20, BITBEDR has a total supply of 1 billion (i.e. 1,000,000,000). The token distribution of BITBEDR token includes allocations for development, marketing, team and advisors, reserves, and public sale, each receiving 20%, 15%, 10%, 20%, and 35% of the total supply respectively. The BITBEDR token is poised for its debut on LBank Exchange at 6:00 UTC on April 25, 2024. Investors who are interested in BITBEDR can easily buy and sell on LBank Exchange now.\nLearn More about BITBEDR Token:\nOfficial Website:https://bedr-foundation.com/Contract:https://etherscan.io/token/0xb8176a66c0d0A84cfD4e403c89cF3416b1e798AdTwitter:https://twitter.com/bedrglobalFacebook:https://www.facebook.com/bedrofficialTelegram:https://t.me/bedr_officialMedium:https://medium.com/@bedrofficial\nAbout LBank\nLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.\nStart Trading Now:lbank.com\nCommunity & Social Media:\nlTelegramlTwitterlLinkedInlYouTube\nPress contact:[email protected]\nBusiness Contact:LBK Blockchain Co. LimitedLBank [email protected]@lbank.com\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/206805", "Road Town, British Virgin Islands--(Newsfile Corp. - April 26, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Bitcoin EDen Rich(BITBEDR) on April 25, 2024. Users of LBank Exchange can brace themselves for the BITBEDR/USDT trading pair, which went live already.\nBITBEDR listing banner\nTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8831/206805_b1ef53aa841ef8df_001full.jpg\nBitcoin EDen Rich (BITBEDR) is developing a decentralized blockchain ecosystem that bridges virtual assets with the real economy, offering services ranging from the distribution of products in virtual worlds like NFTs and metaverses, to real-world applications in skincare, health, sports, donations, and more.\nIntroducing Bitcoin EDen Rich: A Decentralized Blockchain Ecosystem Bridging Virtual and Real Economies\nLBank Exchange is thrilled to announce the listing of Bitcoin EDen Rich (BITBEDR), a visionary blockchain initiative designed to integrate decentralized finance (DeFi) with advanced technological frameworks like artificial intelligence (AI) and blockchain verification systems. Positioned at the forefront of the digital asset revolution, BEDR aims to transform the landscape of virtual asset trading and investment. By leveraging the power of AI, the platform provides users with insightful, data-driven investment strategies and real-time market analysis, enhancing the efficiency and effectiveness of digital transactions and investment decisions.\nThe BEDR ecosystem is built on a foundation of inclusivity and accessibility, offering a range of services tailored to both novice and experienced investors. These services include automated trading, peer-to-peer (P2P) brokerage, group investment opportunities, and a robust community for information verification. This ecosystem not only lowers the barriers to entry for virtual asset investment but also fosters a transparent and secure environment through blockchain technology. BEDR's commitment to decentralization extends to every aspect of its operations, ensuring that financial control and data ownership remain in the hands of its users.\nWith its innovative integration of AI and blockchain, BEDR is poised to lead the transition towards Web 3.0, where virtual assets are seamlessly intertwined with real-world applications. The platform's focus on regulatory compliance and security further solidifies its position as a reliable and forward-thinking solution in the blockchain space. As BEDR continues to evolve, it aims to expand its offerings, entering new markets and refining its technology to better serve its users and reshape the future of decentralized finance.\nAbout BITBEDR Token\nBased on ERC20, BITBEDR has a total supply of 1 billion (i.e. 1,000,000,000). The token distribution of BITBEDR token includes allocations for development, marketing, team and advisors, reserves, and public sale, each receiving 20%, 15%, 10%, 20%, and 35% of the total supply respectively. The BITBEDR token is poised for its debut on LBank Exchange at 6:00 UTC on April 25, 2024. Investors who are interested in BITBEDR can easily buy and sell on LBank Exchange now.\nLearn More about BITBEDR Token:\nOfficial Website:https://bedr-foundation.com/Contract:https://etherscan.io/token/0xb8176a66c0d0A84cfD4e403c89cF3416b1e798AdTwitter:https://twitter.com/bedrglobalFacebook:https://www.facebook.com/bedrofficialTelegram:https://t.me/bedr_officialMedium:https://medium.com/@bedrofficial\nAbout LBank\nLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.\nStart Trading Now:lbank.com\nCommunity & Social Media:\nlTelegramlTwitterlLinkedInlYouTube\nPress contact:[email protected]\nBusiness Contact:LBK Blockchain Co. LimitedLBank [email protected]@lbank.com\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/206805", '• BTC is trading above $64K even as outflows accelerate.\n• The correlation between ETF outflows and BTC’s price is weakening.\nBitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly.\nMarket datashows that the U.S.-listed ETFs had a daily total net outflow of $217 million. This brings the total outflow so far this week to $244.49 million.\nIn comparison,bitcoin is up around 3.7%in the last week.\nAccording to JPMorgan, the correlation between bitcoin ETF prices and inflows has weakened, dropping from a high of 0.84 in January to 0.60 in recent assessments. This indicates a decrease in the alignment between BTC prices and spot ETF flows,CoinDesk reported in February.\nGiven its size, the outflow from Grayscale’s converted bitcoin ETF (GBTC) is of particular interest to traders.Data from SoSoValueshows that since Monday, GBTC has experienced an outflow of $417 million during the last week—yet BTC prices still increased in the face of it.\nLiquidation data is also fairly flat,according to GoinGlass, with $60 million in liquidations in the last 24 hours. Of this $60 million, BTC made up $13.48 million worth, and $6.17 million longs were liquidated against roughly $7 million in shorts.\nMeanwhile, theCoinDesk 20 (CD20), a measure of the largest digital assets, is flat, trading at 2,246.', '• BTC is trading above $64K even as outflows accelerate.\n• The correlation between ETF outflows and BTC’s price is weakening.\nBitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly.\nMarket datashows that the U.S.-listed ETFs had a daily total net outflow of $217 million. This brings the total outflow so far this week to $244.49 million.\nIn comparison,bitcoin is up around 3.7%in the last week.\nAccording to JPMorgan, the correlation between bitcoin ETF prices and inflows has weakened, dropping from a high of 0.84 in January to 0.60 in recent assessments. This indicates a decrease in the alignment between BTC prices and spot ETF flows,CoinDesk reported in February.\nGiven its size, the outflow from Grayscale’s converted bitcoin ETF (GBTC) is of particular interest to traders.Data from SoSoValueshows that since Monday, GBTC has experienced an outflow of $417 million during the last week—yet BTC prices still increased in the face of it.\nLiquidation data is also fairly flat,according to GoinGlass, with $60 million in liquidations in the last 24 hours. Of this $60 million, BTC made up $13.48 million worth, and $6.17 million longs were liquidated against roughly $7 million in shorts.\nMeanwhile, theCoinDesk 20 (CD20), a measure of the largest digital assets, is flat, trading at 2,246.', "• Net Income:$1.2 billion for Q1 2024.\n• Earnings Per Share (EPS):$3.75 for Q1 2024.\n• Adjusted Net Income:$1.3 billion for Q1 2024.\n• Adjusted EPS:$3.82 for Q1 2024.\n• Refining Segment Operating Income:$1.7 billion for Q1 2024.\n• Refining Throughput Volumes:Averaged 2.8 million barrels per day in Q1 2024.\n• Refining Cash Operating Expenses:$4.71 per barrel in Q1 2024.\n• Renewable Diesel Segment Operating Income:$190 million for Q1 2024.\n• Renewable Diesel Sales Volumes:Averaged 3.7 million gallons per day in Q1 2024.\n• Ethanol Segment Operating Income:$10 million for Q1 2024.\n• Ethanol Production Volumes:Averaged 4.5 million gallons per day in Q1 2024.\n• Net Cash Provided by Operating Activities:$1.8 billion in Q1 2024.\n• Capital Investments:$661 million in Q1 2024.\n• Dividends Paid:$356 million in Q1 2024.\n• Share Repurchases:$1 billion for the purchase of approximately 6.6 million shares in Q1 2024.\n• Total Debt:$8.5 billion as of Q1 2024 end.\n• Cash and Cash Equivalents:$4.9 billion as of Q1 2024 end.\n• Debt-to-Capitalization Ratio, Net of Cash:17% as of March 31, 2024.\n• Warning! GuruFocus has detected 8 Warning Signs with TYL.\nRelease Date: April 25, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nQ: Can you discuss the current market dynamics for diesel and jet fuel margins given the recent pullback?A: (Gary K. Simmons - Executive VP & COO) Diesel demand is trending about 2% higher than last year, and jet fuel demand is up year-over-year. Despite the market reacting sharply to geopolitical events, such as drone attacks in Russia, the physical diesel markets haven't experienced significant disruptions, suggesting that diesel margins are currently weaker than they should be. European and Singapore margins are negative, indicating a potential rebound in diesel margins soon.\nQ: With the SAF project advancing, what are the expected economic benefits once it becomes operational?A: (Eric Fisher - SVP of Product Supply, Trading & Wholesale) The SAF project at Port Arthur is progressing well, with start-up expected in Q4 2024. The project should benefit from various state and federal tax credits and strong sales interest. The economics are expected to meet our project return thresholds, supported by credits like 45Z, BTC, and PTC, and strong demand in markets like Europe.\nQ: How sustainable is the current level of shareholder payouts given the strong balance sheet and cash flow?A: (Homer Bhullar - VP of IR & Finance) With a strong balance sheet and no intention to build more cash, the payout ratio was 74% in Q1. While the long-term target is 40-50%, this can be considered a floor during periods of strong fundamentals. Excess cash flow will likely continue to be directed towards buybacks.\nQ: What impact do you foresee from the TMX pipeline starting up, particularly regarding crude differentials and refining dynamics?A: (Gary K. Simmons - Executive VP & COO) The TMX pipeline will rebalance crude types across markets but won't significantly impact global differentials. It may lead to narrower differentials until OPEC production ramps up later in the year. The pipeline will allow for blending that mimics traditional heavy crudes like Arabian Heavy, facilitating continued operation of coking capacities on the West Coast.\nQ: What are the expectations for refining margins and product supply dynamics in Asia, particularly with recent margin declines?A: (Gary K. Simmons - Executive VP & COO) Negative refining margins in Singapore and Europe suggest that the market has reached a floor, necessitating a rebound. The need for refining capacity to run indicates that margins should start to improve soon.\nQ: Can you provide insights into the renewable diesel market dynamics, especially considering the current low margins and future outlook?A: (Gary K. Simmons - Executive VP & COO) The renewable diesel market may remain challenging in 2024 due to new capacity entering a market with fixed obligations. However, the long-term outlook remains positive, driven by increasing legislative support for low carbon fuels and expanding mandates, which should improve demand and margins post-2024.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", 'Ethereum topped Thursday’s non-fungible token (NFT) market with over US$23 million in sales, CryptoSlam data shows.\nOver half of those sales came from CryptoPunks 635, which was sold for US$12.4 million at Larva Labs marketplace.\nEthereum saw a total of 16,363 transactions conducted by 1,770 unique buyers and 1,354 unique sellers.\nEthereum ended a 20-day streak of daily sales below US$10 million.\nThis daily performance contributes to Ethereum’s all-time sales volume, which now stands at approximately US$43.64 billion from nearly 47.56 million transactions.\nBitcoin and Solana followed, with daily sales reaching US$6.67 million and US$3.72 million, respectively.\nThis marks the fourth consecutive day Bitcoin collections failed to crack US$10 million.\nBut Bitcoin is creeping closer to the US$3.5 billion milestone for all-time sales. Following Thursday’s sales, the network has a cumulative sales record of US$3.43 billion.\nIt became thefourth blockchainto reach US$3 billion late last month and is now about US$800 million from Ronin, which holds the third spot in all-time sales volume.\nSolana, with its higher number of unique buyers at 10,862 and sellers at 10,221, led to a market-leading larger number of transactions totaling 65,373 for the day.\nSolana is also closing in on a milestone of its own as its all-time figure stands at US$5.45 billion.\nPolygon and Mythos Chain also reported notable daily sales, with Polygon reaching US$2.32 million from 65,536 transactions and Mythos Chain recording sales of US$937,934.75 across 37,828 transactions.\nPolygon ranks fifth in all-time sales with over US$1.5 billion.', 'Ethereum-based CryptoPunks, a pioneering non-fungible token (NFT) collection, topped the daily sales chart with an impressive US$12.67 million in revenue.\nCryptoPunk 635 sold for US$12.4 million, 4,000 Ether, according to data from CryptoSlam.\nThe sale places CryptoPunk 635 as the fourth highest-valued CryptoPunk. It is also the third CryptoPunk this year to fetch at least US$12 million.\nAnother Ethereum collection owned by Yuga Labs, Bored Ape Yacht Club (BAYC) secured the second position with daily sales reaching US$2.69 million. Yuga Labs’ blue-chip NFT series celebrated its third birthday earlier this week.\nEthereum led the day as the top NFT blockchain with over US$23 million in sales.\nNodeMonkes, a Bitcoin Ordinal, saw a sales increase to US$1.13 million from the previous day’s US$1 million, for the third spot.\nNodeMonkes is now US$3 million away from $SATS BRC-20 NFTs, currently the top Bitcoin collection with over US$209 million in all-time sales.\nMutant Ape Yacht Club (MAYC), a BAYC spin-off, came in fourth, with sales totaling US$1.03 million for the day.\nDMarket, known for its in-game items on the Mythos chain, reported a slight uptick in daily sales to US$922,794.\nPudgy Penguins, another Ethereum collection had a 426% surge to US$772,532 for sixth.', 'In case you didn\'t know,Bitcoin(CRYPTO: BTC)is back. The granddaddy of cryptocurrencies lost more than 70% of its value between November 2021 and November 2022. However, it\'s nearly quadrupled since then.\nCould Bitcoin keep this momentum going? Ark Invest founder Cathie Wood thinks so. She expects the red-hot cryptocurrency to soar by more than 5,600%. However, not everyone agrees with her -- including one active trader on Capitol Hill.\nEleven investment firms won approval earlier in 2024 from the U.S. Securities and Exchange Commission (SEC) to offer spot Bitcoinexchange-traded funds (ETFs). Wood\'s Ark Invest was one of them. It now markets several Bitcoin-focused ETFs.\nThe inflow of money into these new ETFs offered by Ark Invest and others has boosted the demand for Bitcoin. Wood said at the Bitcoin Investor Day conference in March that the SEC\'s approval served as an "institutional green light." She added that Ark Invest believes that institutional investors will allocate a little over 5% of their portfolios to Bitcoin in the future. This could push Bitcoin\'s price to $3.8 million, according to Ark Invest\'s analysis.\nThere\'s also another reason why Wood likes Bitcoin over the short term: the cryptocurrency\'s halving. This halving occurs every four years or so. The most recent one took place on April 19.\nBitcoin skyrocketed after the previous halvings in 2012, 2016, and 2020. Wood predicted at the Bitcoin Investor Conference that this year\'s halving should provide a big catalyst too.\nRep. Shri Thanedar, D-Mich., doesn\'t share Wood\'s rosy outlook about Bitcoin. The congressman recently dumped his Bitcoin stake. Thanedar didn\'t even wait for the halving event; he sold on Feb. 5, 2024.\nThe Michigan Democrat isn\'t only negative about Bitcoin. On the same day he sold Bitcoin, he also slashed his stakes inEthereumandLiteCoin.\nHas Rep. Thanedar become a crypto bear? Maybe. But even if so, his bearish perspective isn\'t limited to cryptocurrencies. Thanedar has also aggressively sold several stocks in recent months, includingAlphabet,Amazon,Apple, andMicrosoft.\nHis selling extended beyond the so-called"Magnificent Seven" stocksas well. In January, Thanedar reduced his stake in Warren Buffett\'sBerkshire Hathawaytoo.\nIs Bitcoin a screaming buy or a sell? I\'m somewhere in the middle of the spectrum.\nI doubt that Wood\'s prediction of institutional investors parking over 5% of their portfolios in Bitcoin will happen. So far, the recent halving hasn\'t sparked a big rally for the cryptocurrency.\nOn the other hand, I don\'t think investors should necessarily dump their positions in Bitcoin as Rep. Thanedar did recently. For the record, I suspect his selling of all the stocks mentioned previously will prove to be shortsighted over the long term.\nBuffett once referred to Bitcoin as "rat poison squared." The legendary investor is right that the cryptocurrency doesn\'t have intrinsic value in the same way that stocks do. However, a similar argument could be made about gold -- and investors have bought it for a long time. Because Bitcoin is only worth what people believe it\'s worth, though, it\'s easy to envision how it could be worth a lot more -- or a lot less -- in the future.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $488,186!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Keith Speightshas positions in Alphabet, Amazon, Apple, Berkshire Hathaway, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCathie Wood Expects This Red-Hot Cryptocurrency to Soar by 5,600%, but 1 Member of Congress Has Been Dumping His Stake in Cryptowas originally published by The Motley Fool', "• ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\n• Following consistent sales in January, ARK has sold the last of its BITO shares in the past week.\nCathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday.\nThe investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW).\nARK bought over 4 million of the shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\nFollowing consistent sales in January, ARK has sold the rest of its BITO shares in the past week.\nMeanwhile, its own ARK 21Shares Bitcoin ETF (ARKB) is now thefund's largest holdingwith 2,480,644 shares, worth $160.6 million at Thursday's closing price of $64.76. This constitutes a 10.4% weighting of the fund's total value.\nRead More:Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report", "• ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\n• Following consistent sales in January, ARK has sold the last of its BITO shares in the past week.\nCathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday.\nThe investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW).\nARK bought over 4 million of the shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\nFollowing consistent sales in January, ARK has sold the rest of its BITO shares in the past week.\nMeanwhile, its own ARK 21Shares Bitcoin ETF (ARKB) is now thefund's largest holdingwith 2,480,644 shares, worth $160.6 million at Thursday's closing price of $64.76. This constitutes a 10.4% weighting of the fund's total value.\nRead More:Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report", 'With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.\nIt is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halving reduces the former by half, with a target to restrict the entire global circulation of Bitcoins at 21 million. Thus, demand for new Bitcoins rises, thereby pulling the price up.\nHowever, analysts are also of the view that because of its non-sudden and planned nature (a halving event happens every four years), it is priced in and is not a disruption. Miners resort to selling to improve their cashflows and sending large amounts of BTC to exchanges as part of the de-risking strategy.\nWhile the Bitcoin market is currently overbought and the price of the benchmark crypto is holding steady at the current juncture, over the next few months, it may shoot up. ViaBTC, a mining pool that mined the first block after the halving event on Apr 20, has sold the "epic" satoshi it contained for $2.13 million. This comes on the back of expectations that after the halving event, the first sat produced by the Bitcoin network would attract considerable interest.\nThis may just be the auspicious start that sparks a sustained rally for the digital coin. The price of Bitcoin is currently hovering around the $64,000 mark. Some say it may go up to $150,000 before the year ends. In such an environment, it would be prudent to watch a few prominent Bitcoin mining stocks with an eye on the future.\nRiot Platforms, Inc.RIOT: This Bitcoin mining company from North America also provides data center housing and engineering services.\nRIOT’s expected earnings growth rate for the next year is 164.1%. The Zacks Consensus Estimate for its current-year earnings has improved 56.1% over the past 60 days. RIOT currently carries a Zacks Rank #2 (Buy).\nStronghold Digital Mining, Inc.SDIG: This is a crypto asset mining company that focuses on mining Bitcoin in the United States.\nSDIG’s expected earnings growth rate for the current year is 34.3%. The Zacks Consensus Estimate for its current-year earnings has improved 31.4% over the past 60 days. SDIG currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCleanSpark, Inc.CLSK: This cryptocurrency mining company from the Americas primarily operates data centers that run on low-carbon power. It engages in the mining and sale of digital currencies.\nCLSK’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for its current-year earnings has improved 41.7% over the past 60 days. CLSK currently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nRiot Platforms, Inc. (RIOT) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nStronghold Digital Mining, Inc. (SDIG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', 'With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.\nIt is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halving reduces the former by half, with a target to restrict the entire global circulation of Bitcoins at 21 million. Thus, demand for new Bitcoins rises, thereby pulling the price up.\nHowever, analysts are also of the view that because of its non-sudden and planned nature (a halving event happens every four years), it is priced in and is not a disruption. Miners resort to selling to improve their cashflows and sending large amounts of BTC to exchanges as part of the de-risking strategy.\nWhile the Bitcoin market is currently overbought and the price of the benchmark crypto is holding steady at the current juncture, over the next few months, it may shoot up. ViaBTC, a mining pool that mined the first block after the halving event on Apr 20, has sold the "epic" satoshi it contained for $2.13 million. This comes on the back of expectations that after the halving event, the first sat produced by the Bitcoin network would attract considerable interest.\nThis may just be the auspicious start that sparks a sustained rally for the digital coin. The price of Bitcoin is currently hovering around the $64,000 mark. Some say it may go up to $150,000 before the year ends. In such an environment, it would be prudent to watch a few prominent Bitcoin mining stocks with an eye on the future.\nRiot Platforms, Inc.RIOT: This Bitcoin mining company from North America also provides data center housing and engineering services.\nRIOT’s expected earnings growth rate for the next year is 164.1%. The Zacks Consensus Estimate for its current-year earnings has improved 56.1% over the past 60 days. RIOT currently carries a Zacks Rank #2 (Buy).\nStronghold Digital Mining, Inc.SDIG: This is a crypto asset mining company that focuses on mining Bitcoin in the United States.\nSDIG’s expected earnings growth rate for the current year is 34.3%. The Zacks Consensus Estimate for its current-year earnings has improved 31.4% over the past 60 days. SDIG currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCleanSpark, Inc.CLSK: This cryptocurrency mining company from the Americas primarily operates data centers that run on low-carbon power. It engages in the mining and sale of digital currencies.\nCLSK’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for its current-year earnings has improved 41.7% over the past 60 days. CLSK currently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nRiot Platforms, Inc. (RIOT) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nStronghold Digital Mining, Inc. (SDIG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', "The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.\nIn the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.\nThat said, the cryptocurrency market holds tremendous potential. The rally, which started in 2023, continued into this year and gathered pace in the second week of January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs).\nThis approval marked a significant milestone in integrating cryptocurrencies into mainstream finance and is expected to offer consistent backing to the sector in the coming years.\nThe recent decline is thus temporary and being fueled by two major factors. First, the recent geopolitical tensions in the Middle East between Iran and Israel\nCryptocurrencies, being traded continuously and globally, have immediate and often more pronounced effects compared to stocks. The decentralized nature of cryptocurrencies enables rapid responses to geopolitical events, with traders swiftly buying or selling digital assets to manage uncertainty.\nAdditionally, the Bitcoin halving event, occurring once every four years, is underway. During this event, the reward for mining new blocks is halved. Historically, the halving has increased scarcity, making it more challenging for miners to generate a net increase in Bitcoins. As a result, Bitcoin's value typically sees an uptick during these periods of reduced supply.\nWe have narrowed our search to four crypto-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA CorporationNVDA is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence and the mining or production of cryptocurrencies.\nNVIDIA’s expected earnings growth rate for the current year is 84.7%. The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the last 60 days. Currently, NVIDIA has a Zacks Rank #2.\nCoinbase Global, Inc.COIN offers financial infrastructure and technology to support the global cryptocurrency economy. COIN provides a main financial account for consumers in the crypto space, a marketplace with liquidity for institutional crypto asset transactions, and technology and services for developers to build crypto-based applications and accept cryptocurrencies securely as payment.\nCoinbase Global’s expected earnings growth rate for next year is 559.5%. The Zacks Consensus Estimate for current-year earnings has improved 141.6% over the last 60 days. Coinbase currently sports a Zacks Rank #1.\nRobinhood Markets, Inc.HOOD operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin and other cryptocurrencies using its Robinhood Crypto platform.\nRobinhood Markets’ expected earnings growth rate for the current year is 147.5%.The Zacks Consensus Estimate for current-year earnings has improved 45% over the last 60 days. Robinhood Markets currently has a Zacks Rank #2.\nInteractive Brokers Group, Inc.IBKR is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures.\nInteractive Brokers Group has an expected earnings growth rate of 12.4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 6.4% over the last 60 days. IBKR currently has a Zacks Rank #1.\nCleanSpark Inc.CLSK operates as a bitcoin miner in the Americas. CLSK owns and operates data centers that primarily run on low-carbon power. CLSK’s infrastructure supports Bitcoin, a digital commodity, and a tool for financial independence and inclusion.\nCleanSpark’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for current-year earnings has improved 41.7% over the last seven days. CLSK presently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nInteractive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nRobinhood Markets, Inc. (HOOD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.\nIn the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.\nThat said, the cryptocurrency market holds tremendous potential. The rally, which started in 2023, continued into this year and gathered pace in the second week of January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs).\nThis approval marked a significant milestone in integrating cryptocurrencies into mainstream finance and is expected to offer consistent backing to the sector in the coming years.\nThe recent decline is thus temporary and being fueled by two major factors. First, the recent geopolitical tensions in the Middle East between Iran and Israel\nCryptocurrencies, being traded continuously and globally, have immediate and often more pronounced effects compared to stocks. The decentralized nature of cryptocurrencies enables rapid responses to geopolitical events, with traders swiftly buying or selling digital assets to manage uncertainty.\nAdditionally, the Bitcoin halving event, occurring once every four years, is underway. During this event, the reward for mining new blocks is halved. Historically, the halving has increased scarcity, making it more challenging for miners to generate a net increase in Bitcoins. As a result, Bitcoin's value typically sees an uptick during these periods of reduced supply.\nWe have narrowed our search to four crypto-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA CorporationNVDA is a major player in the semiconductor industry and has Last 60 Days of Bitcoin's Closing Prices:* [54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-26 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,255,214,088,478 - Hash Rate: 578118168.6740619 - Transaction Count: 442347.0 - Unique Addresses: 664327.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As Changpeng “CZ” Zhao, the founder andformer CEOof cryptocurrency exchange Binance, awaits his fate on April 30, U.S. prosecutors have requested he serve 36 months in prison, according to a Department of Justicesentencing memofiled Tuesday. “Given the magnitude of Zhao’s willful violation of U.S. law and its consequences, an above-guideline sentence of 36 months is warranted,” prosecutors wrote to the U.S. district court for the Western District of Washington. Federal guidelinesarea maximum prison term of 18 months for Zhao, who agreed not to appeal any sentence up to that length. Zhao pleaded guilty to criminal charges in November, admitting toviolating money laundering requirementsin the U.S., and subsequently stepped down as CEO. He has been free on a $175 million bond. Zhao also agreed to pay a $50 million fine, alongsidelarger penalties to Binance of $4.3 billion, to end the criminal case. In exchange, Binance was permitted to continue operations in the U.S. “The sentence in this case will not just send a message to Zhao but also to the world," prosecutors wrote. "Zhao reaped vast rewards for his violation of U.S. law, and the price of that violation must be significant to effectively punish Zhao for his criminal acts and to deter others who are tempted to build fortunes and business empires by breaking U.S. law." But some industry onlookers doubt the likelihood of Judge Richard Jones being persuaded by this request. "I feel they may have overreached, and I'd be surprised if CZ got 36 months or anything close to it. The DOJ has not proved in court that CZ knew any details about the massive felonious fraud that occurred under his watch," Terrence Yang, managing director at Swan Bitcoin toldFortunevia email. "And I'm usually with the DOJ on stuff like this," added Yang. In a concurrentcourt filing, also filed Tuesday, Zhao admits that the company’s approach to U.S. regulations was: “Better to ask for forgiveness than permission.” The filing cites a conversation from 2019 in which Zhao wrote, “If we blocked the U.S. users from day 1, Binance will not be as big as we are today…wait for the U.S. regulators to come to us.” The filing goes on to add: “Zhao deeply regrets his offense, and he has shown exceptional acceptance of responsibility and redemption.” Despite pleading guilty and awaiting jail time, Zhao has remained active in the crypto industry. Last month, he announced Giggle Academy, an educational project focused on teaching children age 3 and under about crypto and blockchain, but will issue “no new tokens.” Revealing the project’s logo on Wednesday, Zhao wrote on X: “We wanted the Giggle Academy logo to show youth, fun, positive energy, and growth. We also want to show respect to our ‘Binance heritage.’” This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', 'On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', "In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact asBitcoin's(CRYPTO: BTC)halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey.\nWhile past performance doesn't always predict future results, a closer examination of the halving reveals Bitcoin's resilience and its potential for significant price appreciation.\nOccurring roughly every four years, or 210,000 blocks added to the blockchain, the halving reduces the payouts awarded to miners for solving blocks, a process known asproof of work.\nAs this is the primary means for new Bitcoins to enter circulation, the cut to miner rewards effectively slashes Bitcoin's inflation rate. With the fourth halving now passed, Bitcoin's inflation rate stands at a measly 0.85%, making it less inflationary than gold. This process of reducing its inflation rate will continue until 2140, when the last Bitcoin is scheduled to be mined, and underpins its robust monetary policy, which prioritizes scarcity and finiteness.\nSince the halvings cut Bitcoin's inflation rate, they effectively change the dynamics around its supply and demand. As a result, even if demand stays constant, then the price has to increase to offset the supply reduction. Essentially, halvings exert upward price appreciation in Bitcoin.\nWe can see this when analyzing Bitcoin's past performance after a halving. In the years a halving occurs, Bitcoin usually returns around 125% on average. If this trend holds, then that would put its price at $100,000 if measuring from the beginning of 2024.\nEven better, as the effect of the halving solidifies, it is in the years following a halving that the best gains typically arise. In those years, Bitcoin grew by nearly 400% on average. If this halving follows a similar pattern, then Bitcoin could see its price reach somewhere around $500,000 in 2025.\nWhile the halving alone can introduce profound impacts on Bitcoin's price, there are a few other developments that could make this halving unlike any other. A further exploration of the current landscape should help you see that these potential price targets aren't as sensational as they may seem.\nFirst, it's crucial to understand that while the halving alters Bitcoin's production, this halving is unique in that there was an existing supply shock. For the first time ever, there were less coins available on exchanges during this halving than the previous on. Since hitting a peak in May 2020, the total number of coins available on exchanges has plummeted. Sitting at roughly 2.2 million today, these are the lowest levels seen since 2018.\nThen we have the arrival ofspot Bitcoin ETFs. In January, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, effectively opening the doors for a new set of buyers to enter the Bitcoin market. For individuals unfamiliar with or lacking the technical knowledge required to navigate cryptocurrency exchanges, these ETFs provide a familiar and regulated avenue to gain exposure to Bitcoin through traditional brokerages. Now investors can add Bitcoin exposure to their 401(k) plans or IRAs, effectively lowering the barriers to entry for a broader range of investors.\nWhile it's still early, we can see just how popular the ETFs have been. To satiate pent-up demand, in mid-February the 11 ETFs were collectively purchasing at a rate 10 times greater than Bitcoin's daily production (roughly 900 Bitcoins). Although the initial buying frenzy has cooled, if the buying were to reach these levels again, that would mean the ETFs would be buying at 20 times the daily production rate now that the halving has passed, putting even greater pressure on Bitcoin's price.\nOnly time will tell just how explosive this halving cycle will be for Bitcoin. But with a quick assessment of the implications that every halving brings, as well as the other contributing factors like an existing supply shock and the introduction of ETFs, there's reason for considerable optimism. Even with Bitcoin's price hovering near $66,000 today, as the effects of the halving materialize over the coming months, I'm still buying Bitcoin in anticipation of what's to come.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Spark a Huge Rally?was originally published by The Motley Fool", "In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact asBitcoin's(CRYPTO: BTC)halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey.\nWhile past performance doesn't always predict future results, a closer examination of the halving reveals Bitcoin's resilience and its potential for significant price appreciation.\nOccurring roughly every four years, or 210,000 blocks added to the blockchain, the halving reduces the payouts awarded to miners for solving blocks, a process known asproof of work.\nAs this is the primary means for new Bitcoins to enter circulation, the cut to miner rewards effectively slashes Bitcoin's inflation rate. With the fourth halving now passed, Bitcoin's inflation rate stands at a measly 0.85%, making it less inflationary than gold. This process of reducing its inflation rate will continue until 2140, when the last Bitcoin is scheduled to be mined, and underpins its robust monetary policy, which prioritizes scarcity and finiteness.\nSince the halvings cut Bitcoin's inflation rate, they effectively change the dynamics around its supply and demand. As a result, even if demand stays constant, then the price has to increase to offset the supply reduction. Essentially, halvings exert upward price appreciation in Bitcoin.\nWe can see this when analyzing Bitcoin's past performance after a halving. In the years a halving occurs, Bitcoin usually returns around 125% on average. If this trend holds, then that would put its price at $100,000 if measuring from the beginning of 2024.\nEven better, as the effect of the halving solidifies, it is in the years following a halving that the best gains typically arise. In those years, Bitcoin grew by nearly 400% on average. If this halving follows a similar pattern, then Bitcoin could see its price reach somewhere around $500,000 in 2025.\nWhile the halving alone can introduce profound impacts on Bitcoin's price, there are a few other developments that could make this halving unlike any other. A further exploration of the current landscape should help you see that these potential price targets aren't as sensational as they may seem.\nFirst, it's crucial to understand that while the halving alters Bitcoin's production, this halving is unique in that there was an existing supply shock. For the first time ever, there were less coins available on exchanges during this halving than the previous on. Since hitting a peak in May 2020, the total number of coins available on exchanges has plummeted. Sitting at roughly 2.2 million today, these are the lowest levels seen since 2018.\nThen we have the arrival ofspot Bitcoin ETFs. In January, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, effectively opening the doors for a new set of buyers to enter the Bitcoin market. For individuals unfamiliar with or lacking the technical knowledge required to navigate cryptocurrency exchanges, these ETFs provide a familiar and regulated avenue to gain exposure to Bitcoin through traditional brokerages. Now investors can add Bitcoin exposure to their 401(k) plans or IRAs, effectively lowering the barriers to entry for a broader range of investors.\nWhile it's still early, we can see just how popular the ETFs have been. To satiate pent-up demand, in mid-February the 11 ETFs were collectively purchasing at a rate 10 times greater than Bitcoin's daily production (roughly 900 Bitcoins). Although the initial buying frenzy has cooled, if the buying were to reach these levels again, that would mean the ETFs would be buying at 20 times the daily production rate now that the halving has passed, putting even greater pressure on Bitcoin's price.\nOnly time will tell just how explosive this halving cycle will be for Bitcoin. But with a quick assessment of the implications that every halving brings, as well as the other contributing factors like an existing supply shock and the introduction of ETFs, there's reason for considerable optimism. Even with Bitcoin's price hovering near $66,000 today, as the effects of the halving materialize over the coming months, I'm still buying Bitcoin in anticipation of what's to come.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Spark a Huge Rally?was originally published by The Motley Fool", 'MACAU, CHINA / ACCESSWIRE / April 27, 2024 /On 22 April 2024, CertiK, a leading blockchain security audit firm, passed its audit of MicrovisionChain (MVC), marking a significant milestone as the first UTXO model-based solution to complete an audit in the industry. MVC, also known by its token symbol SPACE, features the same architecture and Proof of Work (PoW) consensus mechanism as Bitcoin. It expands Bitcoin\'s functionality by incorporating Turing-complete smart contracts and enabling decentralized applications through the UTXO model. The successful audit by CertiK underscores MicrovisionChain\'s dedication to upholding high standards of contract security and reliability, reinforcing its commitment to enhancing the Bitcoin ecosystem.\nhttps://twitter.com/mvcglobal/status/1782299924488650785\nExtensive MVC Audit: Security, Code Quality, Logic, Interactions, and Compliance\nCertiK conducted a security assessment on the MVC project, which included the following key components:\nToken-core:The smart contracts related to the token economy, including the genesis contract for minting fungible tokens and the logic for additional mint features.\nNFT-core:The smart contracts pertaining to non-fungible tokens (NFTs), including the structure for NFT unlocking scripts, NFT insurance, and NFT transfer mechanisms.\nMvcdao-core:The contracts associated with the MVC-DAO, which includes the main entry contract and operation contracts for the voting system, stake management, and other governance functionalities.\nThe audit covered a comprehensive examination using manual review and static analysis techniques, focusing on:\n1.Testing smart contracts against common and uncommon attack vectors.\n2.Assessing codebase compliance with best practices and industry standards.\n3.Ensuring contract logic aligns with client specifications.\n4.Cross-referencing contract structures against industry leaders\' smart contracts.\n5.Thorough line-by-line manual review by industry experts.\nSpecific areas of focus within the audit included centralization risks, logical issues, denial of service vulnerabilities, design issues, and checksum calculations for the files in the codebase. The audit also provided recommendations for enhancing security and transparency, such as implementing timelocks, multi-signature wallets, and DAO governance structures.\nAudit Approach: Static, Dynamic Analysis, and Beyond\nCertiK\'s audit of the MVC project involved a meticulous examination that integrated both manual review and static analysis techniques. The process included a line-by-line code inspection by industry experts, automated scanning for common vulnerabilities, testing against a spectrum of attack vectors, ensuring adherence to industry best practices, and verifying that contract logic conformed to the client\'s specifications. The audit also entailed a comparison of the contract structures with those of industry leaders and provided detailed recommendations to address discovered issues. Special consideration was given to centralization risks, and the audit report included a thorough examination of the codebase with specific file checksums, identified commits, and a disclaimer about the report\'s purpose and limitations. The goal was to enhance the security and quality of the MVC project, offering constructive feedback for continuous improvement.\nSecuring MVC\'s Blockchain Project through CertiK Audit\nMVC might choose to engage with CertiK for a variety of reasons, primarily focused on bolstering the security and integrity of their blockchain project. By undergoing a security audit and verification process provided by CertiK, MVC can ensure that their smart contracts are robust against vulnerabilities, thereby building trust and credibility with investors and users. This collaboration can also serve to mitigate risks, meet compliance standards, secure necessary insurance coverage, and differentiate MVC in a competitive market. Moreover, it can signify a commitment to continuous improvement, community engagement, and adherence to best practices within the blockchain industry.\nMVC\'s Big Picture: Launching the Proof of Build Program\nLooking ahead, MicrovisionChain is set to launch its Proof of Build program, aiming to attract developers within the Bitcoin ecosystem to collaboratively expand and enhance the platform. This initiative will focus on fostering a community of developers committed to building and refining the capabilities of the Bitcoin sidechain.\nMVC has recently launched an asset bridge that is interoperable with Bitcoin. This new feature can be accessed via the link provided: https://app.orders.exchange/bridge. The asset bridge addresses the issue of transaction congestion within the Bitcoin ecosystem, which includes BRC20 tokens, Runes, and other assets. Jason Kwok, co-founder and COO of MicrovisionChain, commented on their strategic plans: "We are actively planning to collaborate with renowned custodial institutions and execute strategic campaigns to achieve higher Total Value Locked (TVL) targets. These efforts are crucial as we aim to expand our reach and solidify our platform\'s position in the digital asset ecosystem."\nIn closing, it\'s significant to observe the dramatic increase in SPACE\'s address base, skyrocketing from 30,000 to 400,000 in just two months. This rapid growth not only reflects the escalating market interest but also positions MVC to become one of the most watched projects within the Bitcoin ecosystem, showcasing its potential to lead the way in innovation and security.\nContact Person: Jason [email protected]://www.microvisionchain.com/\nSOURCE:Microvision chain\nView the originalpress releaseon accesswire.com', 'MACAU, CHINA / ACCESSWIRE / April 27, 2024 /On 22 April 2024, CertiK, a leading blockchain security audit firm, passed its audit of MicrovisionChain (MVC), marking a significant milestone as the first UTXO model-based solution to complete an audit in the industry. MVC, also known by its token symbol SPACE, features the same architecture and Proof of Work (PoW) consensus mechanism as Bitcoin. It expands Bitcoin\'s functionality by incorporating Turing-complete smart contracts and enabling decentralized applications through the UTXO model. The successful audit by CertiK underscores MicrovisionChain\'s dedication to upholding high standards of contract security and reliability, reinforcing its commitment to enhancing the Bitcoin ecosystem.\nhttps://twitter.com/mvcglobal/status/1782299924488650785\nExtensive MVC Audit: Security, Code Quality, Logic, Interactions, and Compliance\nCertiK conducted a security assessment on the MVC project, which included the following key components:\nToken-core:The smart contracts related to the token economy, including the genesis contract for minting fungible tokens and the logic for additional mint features.\nNFT-core:The smart contracts pertaining to non-fungible tokens (NFTs), including the structure for NFT unlocking scripts, NFT insurance, and NFT transfer mechanisms.\nMvcdao-core:The contracts associated with the MVC-DAO, which includes the main entry contract and operation contracts for the voting system, stake management, and other governance functionalities.\nThe audit covered a comprehensive examination using manual review and static analysis techniques, focusing on:\n1.Testing smart contracts against common and uncommon attack vectors.\n2.Assessing codebase compliance with best practices and industry standards.\n3.Ensuring contract logic aligns with client specifications.\n4.Cross-referencing contract structures against industry leaders\' smart contracts.\n5.Thorough line-by-line manual review by industry experts.\nSpecific areas of focus within the audit included centralization risks, logical issues, denial of service vulnerabilities, design issues, and checksum calculations for the files in the codebase. The audit also provided recommendations for enhancing security and transparency, such as implementing timelocks, multi-signature wallets, and DAO governance structures.\nAudit Approach: Static, Dynamic Analysis, and Beyond\nCertiK\'s audit of the MVC project involved a meticulous examination that integrated both manual review and static analysis techniques. The process included a line-by-line code inspection by industry experts, automated scanning for common vulnerabilities, testing against a spectrum of attack vectors, ensuring adherence to industry best practices, and verifying that contract logic conformed to the client\'s specifications. The audit also entailed a comparison of the contract structures with those of industry leaders and provided detailed recommendations to address discovered issues. Special consideration was given to centralization risks, and the audit report included a thorough examination of the codebase with specific file checksums, identified commits, and a disclaimer about the report\'s purpose and limitations. The goal was to enhance the security and quality of the MVC project, offering constructive feedback for continuous improvement.\nSecuring MVC\'s Blockchain Project through CertiK Audit\nMVC might choose to engage with CertiK for a variety of reasons, primarily focused on bolstering the security and integrity of their blockchain project. By undergoing a security audit and verification process provided by CertiK, MVC can ensure that their smart contracts are robust against vulnerabilities, thereby building trust and credibility with investors and users. This collaboration can also serve to mitigate risks, meet compliance standards, secure necessary insurance coverage, and differentiate MVC in a competitive market. Moreover, it can signify a commitment to continuous improvement, community engagement, and adherence to best practices within the blockchain industry.\nMVC\'s Big Picture: Launching the Proof of Build Program\nLooking ahead, MicrovisionChain is set to launch its Proof of Build program, aiming to attract developers within the Bitcoin ecosystem to collaboratively expand and enhance the platform. This initiative will focus on fostering a community of developers committed to building and refining the capabilities of the Bitcoin sidechain.\nMVC has recently launched an asset bridge that is interoperable with Bitcoin. This new feature can be accessed via the link provided: https://app.orders.exchange/bridge. The asset bridge addresses the issue of transaction congestion within the Bitcoin ecosystem, which includes BRC20 tokens, Runes, and other assets. Jason Kwok, co-founder and COO of MicrovisionChain, commented on their strategic plans: "We are actively planning to collaborate with renowned custodial institutions and execute strategic campaigns to achieve higher Total Value Locked (TVL) targets. These efforts are crucial as we aim to expand our reach and solidify our platform\'s position in the digital asset ecosystem."\nIn closing, it\'s significant to observe the dramatic increase in SPACE\'s address base, skyrocketing from 30,000 to 400,000 in just two months. This rapid growth not only reflects the escalating market interest but also positions MVC to become one of the most watched projects within the Bitcoin ecosystem, showcasing its potential to lead the way in innovation and security.\nContact Person: Jason [email protected]://www.microvisionchain.com/\nSOURCE:Microvision chain\nView the originalpress releaseon accesswire.com', 'Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies.\nPershing Square Capital\'s current holdings look like this.\n[{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe\'s", "Percentage of Portfolio": "2.7%"}]\nData source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding.\nSome investors might cringe at his portfolio\'s lack of diversification, but Ackman\'s strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn\'t ownNvidia(NASDAQ: NVDA).\nThe only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now.\nSo, why don\'t Ackman and Pershing Square Capital own Nvidia?\nAny assessment of Ackman\'s style will clearly show he\'s a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable."\nAny investor following Ackman\'s No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia\'s business model is simple: Sell more GPUs.\nUnfortunately for investors, the company\'s sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia\'s latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up.\nChipmaking is a cyclical business, and demand for Nvidia\'s products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won\'t need to produce quite as many GPUs. But when this will happen is anyone\'s guess, which makes the business unpredictable.\nHowever, that\'s about the only rule of Ackman\'s that Nvidia breaks.\nOn his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn\'t Ackman own its shares?\nBecause Ackman doesn\'t break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn\'t be wise.\nIn sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn\'t fit their style.\nBefore you buy stock in Nvidia, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy.\nBillionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn\'t One of Themwas originally published by The Motley Fool', 'If you’re looking to increase yournet worth, Humphrey Yang has a few tips. The former financial advisor has a YouTube channel dedicated to sharing free financial advice(1).\nRecently, he created the video “21 Money Lessons I Wish I Knew Earlier(2),” offering guidance to help youmake better money choices. Here’s a quick look at what he had to say.\nCheck Out:It’s Never Too Late To Become Wealthy,’ According to Robert KiyosakiTry This:6 Unusual Ways To Make Extra Money (That Actually Work)\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nMost wealthy people actually live well below their means. Therefore, just because someone who lives a flashy lifestyle might actually have less money than another person with a more modest existence.\nMost people don’t get rich overnight. Instead, they build their wealth consistently over time, through the power of compounding.\nIt’s great if you get a big paycheck one month — i.e., you work on commission, — but you can’t expect to earn this much every month.\nFor example, if you’re a realtor and you earn $60,000 in commissions in January, you can’t expect to get a paycheck of this size every month. Instead of living the kind of lifestyle that accompanies a $60,000 per month paycheck, assume that’s all you’ll earn the rest of the year and spend accordingly.\nYou might be able to afford something on paper, but that doesn’t mean it won’t stretch your budget. Living below your means will give you more peace of mind.\nWhen you need financial advice, seek out a certified financial professional. They have the right training and are required by law to act in your best interest.\nIt might be more comfortable, but don’t fly first class until your net worth is $5 million — or maybe if you make more than $300 per hour. However, it’s okay if you’re using credit card points or airline status.\nLearn More:7 Things You Must Do To Start Making $1K a Month in Passive Income\nKeep your credit utilization under 30% of your total credit limit. Carrying more can lower your credit score.\nTry to keep your credit card balance under 10% or never carry a balance at all — i.e., pay it off every few days.\nYou never know what might happen in the future, so buy Bitcoin and never sell it. This will hedge your bets a little against our traditional types of currency.\nMoney isn’t a scoring system. Trying to “win” is often an unwinnable game, because someone will always have more than you.\nAlways take advantage of an employer-sponsored 401(k) match. This is free money offered to you, which is one of the best ROI investments you can make.\nEvery time you get paid, set up an automatic transfer from your checking account to your savings account. This will eliminate any temptation to spend money you should be saving.\nWhen you invest in an index funds, mutual fund, exchange-traded fund (ETF), you want low fees.\nThe average for an actively managed mutual fund is 0.5-0.75%, which is high. Instead, consider going with a passively managed fund with a 0.2% expense ratio or lower, such as Vanguard, Charles Schwab or Fidelity.\nAs you learn and grow, you’ll be able to identify more (and better) opportunities to make money.\nWhen you spend time with career-driven people who care about money, you can learn from them. On the other hand, when you surround yourself with people who don’t care about money or have a negative money mindset, this could rub off on you.\nA phrase spoken by Warren Buffett, this practice can protect you from market volatility. This is especially true if you’re not the type of person to pay attention to the stock market every day.\nYou need a lot of leverage to make a lot of money. The more money you have to work with, the more it will earn for you.\nInvest as early as possible to maximize your time in the market. Timing the market is mostly impossible, so try to be invested in the market as long as you can.\nA great financial decision for you might not work for someone else. This means it’s always important to weigh whether money advice is right for you before taking it.\nOnce you get wealthy, focus on maintaining this status. Avoid risk of ruin by not chancing your money in an unhealthy way.\nTalk to your friends about finances. Eliminate the stigma about financial discussions by having these conversations with friends and family who are willing to listen.\nMore From GOBankingRates\n• 5 Japanese Cars To Stay Away From Buying\n• Ramit Sethi: How To Become Rich on a Low Salary\n• 5 Clever Ways to Speed Up Your Retirement Savings\n• 3 Things You Must Do When Your Savings Reach $50,000\nThis article originally appeared onGOBankingRates.com:21 Money Lessons That Will Make You Richer, According To Expert Humphrey Yang', 'Bitcoin(CRYPTO: BTC)has hit new all-time highs this year, and it\'s up around 300% since 2023. But there have been even better crypto investments investors could have held during that time.\nCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andCleanSpark(NASDAQ: CLSK)all outperformed the popular digital currency during that time frame. Here\'s a closer look at how these stocks have done since last year, from smallest to largest gains.\nCoinbase Global runs a popular cryptocurrency exchange that benefits from crypto\'s growing popularity. And since it doesn\'t have to rely entirely on Bitcoin, it can make for a more diverse investment option for investors. While it is the most popular digital currency, it accounted for just 34% of the exchange\'s trading volume last year.\nIn 2023, Coinbase Global reported a profit of $94.9 million (a sharp improvement from 2022, when it incurred a $2.6 billion loss) as it reduced expenses and didn\'t incur hefty impairment charges. The company generates roughly half of its revenue from subscriptions and services and the other half from transactions, which further highlights its diversification.\nThe stock trades at more than 17 times its revenue, but with aprice/earnings-to-growth ratioof less than 1, this has the potential to still be a good buy for the long term if you\'re bullish on crypto. But this is still a volatile and risky stock because Coinbase\'s performance will ultimately depend on how well Bitcoin and other digital currencies are doing. And as it scales up its operations, it could be difficult for the company to remain in the black.\nCleanSpark is a Bitcoin miner, and so its performance is going to be more directly affected by how high the price of the digital currency goes. A higher price means greater revenue for the business. The recenthalving event, unfortunately, will mean less production for the company and fewer bitcoins produced.\nCEO Zach Bradford isn\'t concerned, however, leaning on the company\'s strong margins as a key differentiator and the reason it might succeed where other miners could fail. As one of the larger miners, Bradford said: "... our piece of the pie should get bigger after halving. We think to the tune of 10, 15, or even 20%."\nFor the last three months of 2023, the company turned a profit of $25.9 million, versus a loss of $29 million in the prior-year period. But that was with the aid of a $36 million gain on the fair value of Bitcoin.\nAs one of the larger miners, it might do well despite the recent halving event. But what\'s concerning is that the company needed a high price for the digital coin and an asset gain for it to turn a profit last quarter. CleanSpark is a riskier option than Coinbase, and it might only be suitable for the most bullish of Bitcoin investors.\nOne of the hottest stocks over the past year has undoubtedly been MicroStrategy. What\'s intriguing is that the company isn\'t a crypto miner and doesn\'t operate an exchange; it\'s in the business of providing companies with analysis and business intelligence solutions.\nBut its CEO, Michael Saylor, is incredibly bullish on crypto, saying in a recent interview that Bitcoin is a better option than gold -- having all of its most attractive features without its drawbacks.\nMicroStrategy owns more than 214,000 bitcoins and is the largest corporate holder of the cryptocurrency. That means its exposure to it is significant.\nLast year, the company incurred a digital asset impairment loss of $115.9 million. And the year before that, when Bitcoin was falling heavily in value, the loss totaled nearly $1.3billion.\nThe company only turned a profit in 2023 due to an income tax benefit of $553.6 million. Its core operations remain unprofitable, and that\'s what should matter to investors. MicroStrategy\'s fundamentals don\'t support its inflated valuation, which now stands at more than 800 times its expected future earnings.\nInvestors appear to be piling into the stock for its cryptocurrency holdings and the CEO\'s bullish outlook on Bitcoin. While this stock is doing well with crypto doing well, it could have the furthest to fall in a correction. MicroStrategy is a stock I\'d stay far away from.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Crypto Stocks Up More Than 500% Since 2023was originally published by The Motley Fool', 'About three years ago,Dogecoin(CRYPTO: DOGE)was on an incredible journey "to the moon." The dog-inspired token had won over speculators during meme-stock mania, hitting its peak price of under $0.74 in May 2021.\nDogecoin has been on a downward spiral since then, even as the overall cryptocurrency market continues on its path toward recovery. As of this writing, the token is 78% below its all-time high.\nPerhaps the bulls are hoping that better days are ahead. Should you buy Dogecoin right now while it\'s below $0.20?\nThe crypto market is once again winning over investors. The industry\'smarket capsits at $2.4 trillion (as of April 23), up from around $800 billion at the start of 2023. The monumental rise ofBitcoin, andEthereumto a lesser extent, are propelling the gains.\nDogecoin substantially underperformed these top two cryptos last year. But it is winning the race in 2024, up 79% so far this year.\nIt\'s really hard to pinpoint what causes these huge price swings as they relate to digital assets. One such catalyst might be the belief that after the approval ofspot Bitcoin ETFs, there could be more approvals on the horizon. Another catalyst might be that X, formerly known as Twitter, could integrate Dogecoin as a payment mechanism on the social news app. In theory, this would drive demand for the DOGE token, pushing up its price.\nExcitement for this possibly game-changing outcome looks to be waning, though. Dogecoin has tanked 27% in the month of April. Extreme volatility is the name of the game, as various hype cycles can quickly come and go.\nDogecoin was created in 2013 to be a fun-loving alternative to Bitcoin. That\'s really what the purpose was. So it\'s pretty unbelievable that it has risen to become the eighth most valuable blockchain network today, with a market cap of $23 billion.\nIt has done that with virtually no real-world utility. To be clear, th Last 60 Days of Bitcoin's Closing Prices: [57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-27 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,241,592,570,169 - Hash Rate: 613155633.4421867 - Transaction Count: 452967.0 - Unique Addresses: 673970.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. • Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. • This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said. MicroStrategy (MSTR) could surprise Wall Street analysts and report better-than-expected earnings if the software company chooses to adopt new accounting standards, a move that means it could qualify for inclusion in America’s most important stock index, the S&P 500, broker Benchmark said in a research report on Thursday.The company will report results for thefirst quarter2024 after the close of markets on April 29. MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it held 214,246 bitcoin worth $13.9 billion at current prices. Benchmark notes that since the software company started holding bitcoin on its balance sheet it has recorded $2.27 billion in cumulative impairment losses due to a Financial Accounting Standards Board (FASB) rule called ASC 350.TheFASB issued new guidancein December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.“The impact of doing so on MSTR’s reported earnings per share would be massive: the company in its 2023 10-K report estimated that early adoption would increase its 2024 beginning retained earnings balance by ~$3.1 billion,” analyst Mark Palmer wrote. Analyst consensus is for MicroStrategy to report a first-quarter 2024 loss per share of $0.55. Benchmark estimates that if the company decides to opt for early adoption of the new standard it could report a gain of more than $300 per share for the quarter.MicroStrategy currently meets nearly all of the criteria for S&P 500 inclusion, the report said. The company is based in the U.S., its shares are highly liquid, 50% of its outstanding shares are available for trading, and its market cap is greater than $18 billion. For the index committee to consider a stock for inclusion in the S&P 500 it must also report positive earnings in its most recent quarter. Benchmark notes that MicroStrategy has reported losses in 10 of the past 14 quarters. Early adoption of the new standards means the software company could meet this final criterion.“Inclusion in the S&P 500 would position MSTR’s stock valuation to receive an ongoing boost from the price-agnostic purchases of its shares resulting from enormous passive inflows,” Palmer wrote.Still, uncertainty around the tax impact of adopting the FASB’s updated guidance could cause MicroStrategy to hold off on early adoption, the report added Read more:MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Personal growth goe\xads hand in hand with facing challenges.In a recent YouTube video, financial expert Tony Robbins had a chat with investing legend Ray Dalio. In 1975, Dalio founded theinvestmentmanagement firm Bridgewater Associates. Fast forward four decades and Bridgewater Associates has grown to be the largest hedge fund in the world, managing over 160 billion dollars. They discussed six key steps to creating billion-dollar success.\nFor You:Tony Robbins: 10 Passive Income Ideas To Build Your FortuneTry This:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nHere are six steps to take if you’re looking for mega financial success, according to Robbins and Dalio:\nRobbins expressed that life\xad’s biggest chances come from tough time\xads. He stresses making the most of the\xadse moments. Struggles te\xadst your creativity and character. At the same time, crises can le\xadad to breakthroughs, which means that many struggles are really just opportunitie\xads in disguise.\nRobbins and Dalio spoke about the effects of market crashe\xads. They’re opinion is to seek balance\xad and practice some market timing at the same time. Balanced investing means dive\xadrsifying your assets in order to hedge financial losses due to market swings. It was highlighted that a combination of adjusting investments when the marke\xadts drop, taking chances, and reducing risks can all make a difference for your finances.\nBitcoin, the original cryptocurrency that took the world by storm, remains a highly speculative and volatile asset. While\xad crypto tech continues to advance, it’s crucial to take caution and avoid speculating reckle\xadssly with Bitcoin. Be sure to carefully understand blockchain principles and the risks associated withcryptocurrenciesbe\xadfore investing.\nFrom Dalio’s exhaustive\xad study on successful people such asJeff Bezosand Elon Musk, Robbins highlights some shared traits of these individuals. Each of these successful industry leaders have a captivating vision, they’re practical, and the\xady always persevere\xad against all odds. Robbins stresse\xadd the importance of being open-minded and maintaining a willingness to learn from others. To achieve similar success, becoming skille\xadd at forming partnerships and balancing individual strengths is key.\nRobbins and Dalio stress making principled choices for pe\xadrsonal and shared growth. They highlighted the importance of having cle\xadar individual principles. Being open-minde\xadd should always be coupled with disagreeing respe\xadctfully. By aligning your personal and shared principle\xads with others, people can connect de\xadeper which results in a stronger ability to navigate challenge\xads.\nRobbins highlights how having principles guide\xads our personal and work lives. He says we\xad should think about principles that matter to us and we should cle\xadarly express those principle\xads. To achieve success, our actions should always align with our principles. Whe\xadn making decisions based on principles, you\xad grow stronger, you build good relationships, and you can clearly pursue what you’re aiming for.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 5 Unnecessary Bills You Should Stop Paying in 2024\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 10 New Cars to Avoid Buying in 2024\nThis article originally appeared onGOBankingRates.com:Tony Robbins: 6 Billion-Dollar Success Strategies', "There aren't many assets that have outperformedBitcoin(CRYPTO: BTC). In the past five years, it has skyrocketed more than 1,100% (as of April 23). That far outpaced theNasdaq Compositeindex, for example.\nTo be clear, I'mstill bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks like a smart buying opportunity.\nHowever, I believe it's always a good idea for investors to understand the bear case for any asset they own or are considering.\nThe most obvious thing that could put a bearish headwind in the way of this booming crypto would be governments putting strict regulatory measures in place around it. Countries could make it illegal for their citizens to buy Bitcoin, or for anyone to mine it within their borders -- effectively banning it. This is exactly what China has done.\nIf the U.S. ever followed a similar approach, that would mean the richest country on Earth was excluding itself and its citizens and businesses from legally supporting Bitcoin. This could crush the crypto's price by alienating a massive pool of capital.\nBut why would governments want to ban Bitcoin? Bitcoin is a direct competitor to central banks across the world. These entities control benchmark interest rates and fiscal policy, which largely means they control their nations' money supply. As a decentralized monetary network that transcends borders, Bitcoin can undermine this power.\nHowever, the Securities and Exchange Commission's recent approval ofspot-price Bitcoin exchange-traded funds(ETFs) in the U.S. might reveal a more favorable regulatory stance, both from Washington and Wall Street.\nWe also can't ignore technical risks. Bitcoin has been around for about 15 years, butblockchain technologyis still a novel innovation. We don't know what changes developers have in store for the Bitcoin network, which leaves plenty of uncertainty as to how it might look 15 years from now. Those changes could have consequences for the stability and trustworthiness of Bitcoin generally.\nAdmittedly, Bitcoin's software is intentionally simple, and the system is designed so that the majority of nodes need to approve any proposed changes. If there's any risk that an update could break something, the hope is that such a change would be rejected. Nevertheless, there's always a chance that a problem could get through.\nAnother factor that adds technical uncertainty is the potential of quantum computing. A number of companies and research groups are developing new supercomputers that leverage quantum mechanics to solve certain types of extremely complex problems vastly faster than traditional machines. Some of these problems -- in cryptography, for example -- are viewed as more or less unsolvable by standard computers in any useful time frame.AlphabetandMicrosoftare among the major companies working on this technology.\nIf the technical challenges of quantum computing can be overcome, such machines would likely be able to crack the Bitcoin network's cryptography, shredding its security features. Everyone's private keys -- and their Bitcoin -- would be at higher risk of being stolen. And if the public loses confidence in Bitcoin's security as an asset, its value would be in trouble.\nTo put a positive spin on this scenario, developers could also use quantum computing to develop a new and improved security mechanism for the crypto. In other words, Bitcoin could adapt.\nAnother risk that I see is so far flying under the radar in the investing world. There's always the possibility that people will simply lose interest in Bitcoin as time passes. Many individual and institutional investors, as well as corporations and governments, have gravitated to the asset over the past decade. But that has mainly been because its price has continued to go up, despite a lot of volatility along the way.\nI suspect that if Bitcoin doesn't continue satisfying its owners' desires for rapid gains, then over time, money could flow out of crypto and back to traditional asset classes like stocks and real estate. Those outflows would further depress prices, and disappointing results would discourage new investors from buying Bitcoin.\nThe counter to this thesis is that over the past 15 years, Bitcoin has remained relevant. The longer it continues to, the more I believe that it's not going anywhere.\nEven after weighing these compelling bear-case arguments, I'd say Bitcoin bulls should have even more conviction.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Neil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Bitcoin, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nThis Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here's the Bear Case You Need to Understandwas originally published by The Motley Fool", 'Investing insmall cap stockstends to be more risky than large caps, but over the long course of history, small-cap stocks have outperformed their large cap peers -- and by a significant margin. And that makes sense: After all, it\'s easier for a small company to grow by leaps and bounds than it is for an already-large company.\nOf course, that hasn\'t been the case for a while. In fact, we\'ve just gone through an extraordinary period in which large cap stocks have outperformed small cap stocks for the second longest stretch since the1930s.\nHowever, one popular Wall Street analyst sees the tide turning. In fact, this analyst sees a potential50% return for small capsin 2024, as the market rally broadens out and dirt cheap small caps "catch-up" in valuation to large caps as the economy improves.\nWhile that may or may not happen, there\'s a good case to be made. And if the small-cap rally takes hold, here are three greatexchange-traded funds (ETFs)to play it.\n^RUTTRdata byYCharts\nIn order to decipher why a small cap rally may be in store, it may be a good idea to understand why they\'ve underperformed so badly over the past decade or so.\nFirst, small caps tend to be seen as riskier. That makes sense, as smaller companies tend to have less-diversified businesses, and also tend to need more potential funding than large caps with more resources. Small caps are also seen as more economically sensitive, as they tend to get all of their revenue and earnings from within the U.S. in only one or two end markets.\nAs such, small-caps not only tend to borrow more money, but often do so at higher interest rates, and often at variable rates. In fact, roughly 30% of the debt of companies in the Russell 2000 small cap index is floating-rate, compared with only 6% in the S&P 500. That makes them highly intersest-rate sensitive.\nSo small caps tend to need a "goldilocks" scenario to outperform. Following the Financial Crisis of 2008, everyone appeared to be afraid of the next big downturn. The growth scares of 2016, 2018, Covid, and the 2022 downturn all caused significant angst in the market, but didn\'t result in recession -- or at least in case of the pandemic, not a "traditional" one. But the fear caused investors to abandon small-caps en masse. And even in the strong recovery after the pandemic, high inflation and rising interest rates once again caused trepidation over small cap sensitivity to interest rates.\nThe composition of small caps also likely played a part. The rise in stocks over the past decade has really been lead by the technology sector. But the Russell 2000 only has about a 17.2% weighting in technology. By comparison, the S&P 500 has over 30% of its weighting in technology stocks.\nAs investors have both chased the exciting technology-fueled growth in cloud, AI, and sought the safety of The Magnificent Seven, it\'s no wonder small caps have been left behind.\nOne final factor may be competition for dollars from large capital allocators. Many large pensions and endowments are eschewing public stocks in favor of private equity and venture capital these days. Those two investment vehicles tend to occupy the high-risk, higher-upside portion for these allocators\' portfolios, which used to be occupied by small-cap stocks. As an example, the famed Yale endowment now has 40% of its funds in private investment vehicles, whereas in 1990 it had only 5%. So, that lack of demand for public small-cap stocks due to more fashionable private investments may be a contributing factor.\nWhy might small caps suddenly begin to outperform? For one thing, that\'s actually the norm, not the exception. In fact, there have really only been three stretches in market history when large caps greatly outperformed small caps like they have over the past 10 years.\nHowever, looking at the big picture of the stock market from 1936 to 2023, small caps have actually outperformed large caps almost 70% of the time, and by three whole percentage points on an annualized basis.\nSecond, the prospect of a healthy economy but with lower-interest rates could be in the cards -- a so-called "soft landing." That\'s really the environment in which small-caps thrive. With a high concentration in industrials, financials, energy, and consumer cyclicals, when the economy does well -- but without exceedingly high interest rates -- so do small caps. While inflation has remained a tad stubborn and the prospects for rate cuts have been pushed out in time, most still believe the Federal Reserve will begin to cut rates sometime later this year.\nThird, the valuation gap between large and small caps has widened to historic proportions. As of February, the Russell 2000 average traded at about 15.2 times this year\'s earnings estimates, a huge discount to the S&P\'s forward P/E ratio of 19.6. That\'s a 22.5% discount. And as of April, the Russell 2000 traded at just 1.4 times book value, the biggest discount to large caps since the 1990s internet boom.\nFourth, not only do small-caps trade at historic discounts to large caps, they\'re also potentially set for outsized growth. Fundstrat analyst Tom Lee noted recently that small caps have higher estimated sales and earnings growth in fiscal 2025 compared with large caps. And with multi-strategy clients holding decade-low allocations to small caps, he sees a setup akin to 1999.\nHow did small-caps do after the burst of the internet bubble? Between 1999 and 2011, the small-cap Russell 2000 index outperformed the S&P 500 index by a whopping 6.5 percentage points annually, more than doubling the S&P\'s performance over those 10 years! That\'s why Lee thinks when small caps begin to outperform, it could be violent, yielding as much as a 50% return in 2024.\nThe easiest and most diversified way to play small caps is to invest in an index fund tracking the Russell 2000. TheiShares Russell 2000 ETF(NYSEMKT: IWM)offers that with a fairly low expense ratio of 0.19%.\nThere are no frills with this index fund, which is a type of ETF. The IWM merely tracks the 2000 smallest public companies above a certain threshold (leaving out microcaps) in a diversified manner.\nOne advantage of having this big of an index is that the index can capture big winners, when the lucky small cap stock becomes large. For instance, the largest positions in the index are currently AI darlingSuper Micro ComputerandBitcoin-focused companyMicrostrategy, which have seen their market caps balloon to $46 billion and $22 billion, respectively.\nNot exactly "small!" However, in the June rebalancing of the Russell 2000, these stocks and others above $10 billion are likely to exit the index. So, while the Russell 2000 is good at capturing growth when tiny companies grow, the index will cut them when they get too big, limiting further gains.\nAnother way to play small caps is to go even smaller than the Russell 2000, with theiShares Core S&P Small-Cap ETF(NYSEMKT: IJR). This ETF tracks what is known as the S&P 600 index, which tends to focus on the lower-end of the Russell 2000, tracking smaller companies in that index while still filtering out the extremely low-value microcap stocks.\nFor instance, the current largest holding in the ETF is healthcare services companyThe Ensign Group(NASDAQ: ENSG), with just a $6.7 billion market cap. In addition, the ETF actually currently holds 2% in money market funds as a way to maintain liquidity to buy and sell stocks.\nWhile the IJR\'s 15.9% total return has lagged behind the IWM\'s 19.5% return over the past year, the IJR has actually outperformed over the long-term, with a 10-year annualized return of 8.8% versus the IWM\'s 7.5%. Not only that, but the IWJ\'s expense ratio is just one-third of the IWM\'s, at just 0.06%. That rock-bottom expense ratio and long-term outperformance may make the IWJ a superior choice for those who want "true" small cap performance.\nFor those looking for a more actively managed ETF that seeks to outperform, while also mitigating some of the weaknesses inherent to small caps, thePacer US Small Cap Cash Cows 100 ETF(NYSEMKT: CALF)looks like an excellent choice.\nThis ETF has actually been the top-performing small-cap ETF over the last five years, with an annualized return of 15.84%, more than double that of the Russell 2000. And that outperformance doesn\'t appear to be mere luck, but rather a result of the ETF\'s deliberate strategic filtering.\nPacer isn\'t exactly actively managed; in fact, it\'s a passive fund. However, the fund uses a rules-based methodology that is quite different from an index. CALF essentially attempts to whittle down the S&P 600 to the 100 stocks with the highest free cash flow yields as a percentage of enterprise value.The ETF then rebalances regularly, but instead of weighting the securities by market cap, it weights each holding according to free cash flow dollars over the past 12 months. And it caps any weighting at 2% on rebalancing.\nThis is a great methodology, as free cash flow is usually a more sound way to measure potential shareholder returns than net earnings. This is because free cash flow also takes into account capital expenditures. Moreover, enterprise value is a better way to measure the total worth of the company than market cap, because it accounts for debt. For instance, a company may have a very low P/E ratio based on market cap, but if the company in question is heavily indebted, it may not be as cheap as it seems.\nAnd not only does this filtering process help mitigate some of the weaknesses of all small-caps -- that being a lack of profitability and the need to use debt -- but the ETF also has another risk-mitigating filter: It completely cuts out financial stocks.\nThis is important, as the Russell 2000 has a relatively high proportion of financial stocks. These smaller regional banks and real estate companies can look quite cheap, therefore making it through the filter, but may actually be very risky. Moreover, small-cap financials are extremely sensitive to interest rates, as we saw unfold in the regional bank crisis roughly one year ago.\nSo by eliminating financials – the ETF\'s highest weighting is in consumer cyclicals, at 31.1% -- the ETF has managed to cut out a sector that has negatively contributed to the performance of most small cap indexes over the past 10 years.\nAs of March 2024, the index has an average 12.2% free cash flow yield and a P/E ratio of just 10.6. Those are huge yields these companies can use for reinvestment in growth, share buybacks, or dividends.\nThese are very prudent filters to put on a small-cap ETF, so it\'s no wonder the ETF has been a top small-cap performer. While its expense ratio is a tad higher than the index funds at 0.59%, as they say, you get what you pay for.\nBefore you buy stock in Pacer Funds Trust - Pacer Us Small Cap Cash Cows 100 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Pacer Funds Trust - Pacer Us Small Cap Cash Cows 100 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nBilly Dubersteinhas positions in Bitcoin and Super Micro Computer and has the following options: short January 2025 $1,840 calls on Super Micro Computer, short January 2025 $110 puts on Super Micro Computer, short January 2025 $125 puts on Super Micro Computer, short January 2025 $130 puts on Super Micro Computer, short January 2025 $280 calls on Super Micro Computer, and short January 2025 $85 puts on Super Micro Computer. His clients may own shares of the companies mentioned. The Motley Fool has positions in and recommends Bitcoin and iShares Trust-iShares Core S&P Small-Cap ETF. The Motley Fool has adisclosure policy.\n"Small" Set to Soar? 3 ETFs to Play a Potential Massive Rebound in Small Cap Stockswas originally published by The Motley Fool', "In the ever-evolving landscape of cryptocurrencies, few events hold as much influence and anticipation asBitcoin's(CRYPTO: BTC)halving. On Friday, April 19, the world's original cryptocurrency underwent its fourth halving, setting the stage for a potential price surge.\nWhile past performance doesn't guarantee future results, with a deeper exploration of the halving, it becomes clear that Bitcoin's price increasing is as close to a safe bet as you can get in the world of investing, especially in cryptocurrencies. Here's just how far it could go as it enters its new era.\nBefore getting into some speculation, it's crucial to understand just what the halving is and why it is so important. Programmed into Bitcoin's code, this phenomenon occurs roughly every four years, or every 210,000 blocks added to the blockchain, and reduces the block reward awarded to miners in half.\nAs the primary means for new Bitcoins to enter circulation, the reduction to miner rewards effectively slashes Bitcoin's inflation rate. Now that the fourth halving has passed, Bitcoin's inflation rate sits at a measly 0.85%, half of its previous 1.7%. Since Bitcoin's code is open source and we can peer into its inner workings, we know that this process will continue until 2140, when the last Bitcoin is scheduled to be mined, cementing its status as a deflationary asset.\nGiven the cyclical nature of the halving, there have been notable trends found arising between each one, namely price appreciation. By altering the production rate, the dynamics behind Bitcoin's supply and demand are altered. As a result, even if demand remains constant (even though it has historically been increasing), the supply cut exerts upward pressure on its price.\nIt isn't hard to see how the halving impacts Bitcoin's price. However, by taking things a step further, we can gain a better understanding on what to expect from Bitcoin in the coming months and years.\nOn average, Bitcoin increases roughly 127%. Measuring from its price at the beginning of 2024, that would put its price by year end right at $100,000.\nYet this might only be scratching the surface for what's to come. Unlike past halvings, this halving will be the first time that there are fewer Bitcoins available on exchanges than at the time of the previous one. When the third halving arrived in May 2020, there were 3.2 million coins on exchanges. This was more than at the time of the second halving in July 2016, when there were roughly 1 million coins on exchanges.\nHowever, since the May 2020 halving, the number of coins have dried up, with just 2.2 million on exchanges today. This supply shock could make this halving particularly explosive and is likely the culprit behind Bitcoin hitting an all-time high before the halving, something it had never done before.\nWhile a $100,000 price target for Bitcoin would be a considerable jump from today's prices, there are compelling reasons for investors to be focused on beyond this year. Historical data indicates that in the years following a halving, Bitcoin has experienced staggering price appreciation of around 400%. If this trend were to continue and our projected $100,000 price target hits in 2024, Bitcoin could see its price reach a staggering $500,000 in 2025.\nThis may come off as sensational, but here's why it could happen. With the introduction of the newly approvedspot Bitcoin ETFsin January, this will be the first halving where it isn't justretail investorslike you and me buying Bitcoins. Now the institutions have arrived, and they've brought their deep reserves of capital with them.\nSo far, the ETFs have been a hit, and hint that added demand from previously sidelined buyers could drive Bitcoin to previously unimaginable heights. Consider that at one point, the firms sponsoring these ETFs were buying more than 10 times Bitcoin's daily production rate (roughly 900 Bitcoins).\nWhile the rate of buying has cooled over the last month, if demand picks up to those record levels, that means the ETFs would be buying at 20 times Bitcoin's daily production rate now that the halving has passed. Combine that with an existing supply shock, and Bitcoin's price could be in for a wild ride.\nOnly time will tell what happens in this halving cycle. But what is more certain is that in roughly another four years, Bitcoin will undergo another halving. For investors with a long enough time frame, the more halvings you are able to hold through, the more likely your holdings will grow as each halving compounds on the previous.\nSee you in 2028.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Could Hit $100,000 if Past Halving Trends Play Outwas originally published by The Motley Fool", "In the ever-evolving landscape of cryptocurrencies, few events hold as much influence and anticipation asBitcoin's(CRYPTO: BTC)halving. On Friday, April 19, the world's original cryptocurrency underwent its fourth halving, setting the stage for a potential price surge.\nWhile past performance doesn't guarantee future results, with a deeper exploration of the halving, it becomes clear that Bitcoin's price increasing is as close to a safe bet as you can get in the world of investing, especially in cryptocurrencies. Here's just how far it could go as it enters its new era.\nBefore getting into some speculation, it's crucial to understand just what the halving is and why it is so important. Programmed into Bitcoin's code, this phenomenon occurs roughly every four years, or every 210,000 blocks added to the blockchain, and reduces the block reward awarded to miners in half.\nAs the primary means for new Bitcoins to enter circulation, the reduction to miner rewards effectively slashes Bitcoin's inflation rate. Now that the fourth halving has passed, Bitcoin's inflation rate sits at a measly 0.85%, half of its previous 1.7%. Since Bitcoin's code is open source and we can peer into its inner workings, we know that this process will continue until 2140, when the last Bitcoin is scheduled to be mined, cementing its status as a deflationary asset.\nGiven the cyclical nature of the halving, there have been notable trends found arising between each one, namely price appreciation. By altering the production rate, the dynamics behind Bitcoin's supply and demand are altered. As a result, even if demand remains constant (even though it has historically been increasing), the supply cut exerts upward pressure on its price.\nIt isn't hard to see how the halving impacts Bitcoin's price. However, by taking things a step further, we can gain a better understanding on what to expect from Bitcoin in the coming months and years.\nOn average, Bitcoin increases roughly 127%. Measuring from its price at the beginning of 2024, that would put its price by year end right at $100,000.\nYet this might only be scratching the surface for what's to come. Unlike past halvings, this halving will be the first time that there are fewer Bitcoins available on exchanges than at the time of the previous one. When the third halving arrived in May 2020, there were 3.2 million coins on exchanges. This was more than at the time of the second halving in July 2016, when there were roughly 1 million coins on exchanges.\nHowever, since the May 2020 halving, the number of coins have dried up, with just 2.2 million on exchanges today. This supply shock could make this halving particularly explosive and is likely the culprit behind Bitcoin hitting an all-time high before the halving, something it had never done before.\nWhile a $100,000 price target for Bitcoin would be a considerable jump from today's prices, there are compelling reasons for investors to be focused on beyond this year. Historical data indicates that in the years following a halving, Bitcoin has experienced staggering price appreciation of around 400%. If this trend were to continue and our projected $100,000 price target hits in 2024, Bitcoin could see its price reach a staggering $500,000 in 2025.\nThis may come off as sensational, but here's why it could happen. With the introduction of the newly approvedspot Bitcoin ETFsin January, this will be the first halving where it isn't justretail investorslike you and me buying Bitcoins. Now the institutions have arrived, and they've brought their deep reserves of capital with them.\nSo far, the ETFs have been a hit, and hint that added demand from previously sidelined buyers could drive Bitcoin to previously unimaginable heights. Consider that at one point, the firms sponsoring these ETFs were buying more than 10 times Bitcoin's daily production rate (roughly 900 Bitcoins).\nWhile the rate of buying has cooled over the last month, if demand picks up to those record levels, that means the ETFs would be buying at 20 times Bitcoin's daily production rate now that the halving has passed. Combine that with an existing supply shock, and Bitcoin's price could be in for a wild ride.\nOnly time will tell what happens in this halving cycle. But what is more certain is that in roughly another four years, Bitcoin will undergo another halving. For investors with a long enough time frame, the more halvings you are able to hold through, the more likely your holdings will grow as each halving compounds on the previous.\nSee you in 2028.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Could Hit $100,000 if Past Halving Trends Play Outwas originally published by The Motley Fool", "I've been investing inBitcoin(CRYPTO: BTC)on and off for more than 10 years now, but I never quite had the conviction to hold onto my coins for very long. After all, it's doubtful that the coins will ever have real utility like a precious metal might, and there's certainly no major nation-state or equivalently powerful actor supporting its value or accepting it as a medium of exchange.\nA couple of years ago, however, I heard an absurd argument that completely sidestepped all of those concerns, and now I'm convinced that I'll be buying and holding Bitcoin forever.\nWe use dollars as our primary currency every day. Despite the fact that a piece of paper with a U.S. president on it will never be inherently useful for any productive industrial purpose, there are many people worldwide who recognize that such a piece of paperis still valuable.\nIn fact, people are so deeply convinced that dollars are valuable that they're habitually willing to trade their time, effort, and other resources to acquire them. In other words, there is a widespread social consensus that the pieces of paper known as dollars are themselves exchangeable for other people's resources.\nThere isn't yet such a consensus about Bitcoin, despite its dramatic strides in becoming more widely accepted as astore of value. Nonetheless, there's a popular stereotype that posits the existence of a group of diehard cryptocurrency enthusiasts who are utterly convinced of Bitcoin's merits regardless of what anyone else has to say about it, to the point of being delusional.\nDetractors will claim that such investors are accumulating Bitcoin out of an inability to discern that the digital coins are in fact worthless because they're not useful for doing most of the transactions that one needs dollars to perform. On that point, the detractors seem to be right; if you've ever tried using Bitcoin to buy a burrito, you have probably gone home hungry. The financial infrastructure for using it for daily purchasing just isn't there, and it doesn't appear to be on the way.\nBut the bears miss a much more important point. The people with a cult-like appreciation for Bitcoin are so convinced of its value that they are effectively immune to any attempts to dissuade them, no matter how adept, extensive, or factually correct the objections may be. They simply don't care; their minds are made up, and, if they're to be believed, their opinion on the matter is set in stone. They're practically indoctrinated, because they'll always be willing to buy Bitcoin from someone who doesn't believe in it anymore.\nAnd if they can help it, they'll never sell a single fraction of a Bitcoin. In their view, as the coin's mining difficulty increases over time as a result of halvings that are encoded into the protocol, fewer and fewer new tokens will be added to the ones circulating, and the price will go up. So to them it's rational to buy it at any price, because in the future it'll be higher.\nPut differently, the existence of these serious Bitcoin aficionados implies that the coin cannot go to zero, as even if the price falls sharply, there will still be individuals who want to buy it so long as they have the dollars or other currencies to do so. Therefore, there is a floor for the price of Bitcoin.\nThey think that this perpetual buying behavior will be rewarded in the long run. The group exerting constant upward pressure on the coin's price is responsible for providing a baseline level of demand that produces the price action they desire. They invest and evangelize as knowing acts of self-fulfilling prophecy.\nSo far, they have been rewarded handsomely for their conviction. And, so the absurd argument goes, you don't even need to believe in the Bitcoin protocol's merits to see why it's a good investment -- you just need to believe that the zealots exist, and they'll take care of the rest.\nCould it really be the case that a relatively small clique of evangelists is all that Bitcoin needs to grind upward forever?\nIt doesn't sound correct. But it probably is. More investors are adding the coin to their portfolios every day, and there will never be more coins in existence than the 21 million described in the protocol.\nWhen taking the diehards into account, any growth in the coin's investor population at all implies that prices will rise even if the new converts aren't as convinced. Of course, it's possible that investors' conviction will be fickle. It's also possible that Bitcoin's value will fall tremendously and then never recover, making it a terrible investment.\nBut the bullish argument is persuasive because it acknowledges that the direct utility of a currency can be a separate issue from its role as a store of value. Likewise, all something needs to be a store of value is for other people to believe that it is and behave accordingly. For Bitcoin, the belief is already there, so that's why I'll be slowly buying it for quite some time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Fully Ridiculous Argument Convinced Me to Buy Bitcoin and Hold It Foreverwas originally published by The Motley Fool", "I've been investing inBitcoin(CRYPTO: BTC)on and off for more than 10 years now, but I never quite had the conviction to hold onto my coins for very long. After all, it's doubtful that the coins will ever have real utility like a precious metal might, and there's certainly no major nation-state or equivalently powerful actor supporting its value or accepting it as a medium of exchange.\nA couple of years ago, however, I heard an absurd argument that completely sidestepped all of those concerns, and now I'm convinced that I'll be buying and holding Bitcoin forever.\nWe use dollars as our primary currency every day. Despite the fact that a piece of paper with a U.S. president on it will never be inherently useful for any productive industrial purpose, there are many people worldwide who recognize that such a piece of paperis still valuable.\nIn fact, people are so deeply convinced that dollars are valuable that they're habitually willing to trade their time, effort, and other resources to acquire them. In other words, there is a widespread social consensus that the pieces of paper known as dollars are themselves exchangeable for other people's resources.\nThere isn't yet such a consensus about Bitcoin, despite its dramatic strides in becoming more widely accepted as astore of value. Nonetheless, there's a popular stereotype that posits the existence of a group of diehard cryptocurrency enthusiasts who are utterly convinced of Bitcoin's merits regardless of what anyone else has to say about it, to the point of being delusional.\nDetractors will claim that such investors are accumulating Bitcoin out of an inability to discern that the digital coins are in fact worthless because they're not useful for doing most of the transactions that one needs dollars to perform. On that point, the detractors seem to be right; if you've ever tried using Bitcoin to buy a burrito, you have probably gone home hungry. The financial infrastructure for using it for daily purchasing just isn't there, and it doesn't appear to be on the way.\nBut the bears miss a much more important point. The people with a cult-like appreciation for Bitcoin are so convinced of its value that they are effectively immune to any attempts to dissuade them, no matter how adept, extensive, or factually correct the objections may be. They simply don't care; their minds are made up, and, if they're to be believed, their opinion on the matter is set in stone. They're practically indoctrinated, because they'll always be willing to buy Bitcoin from someone who doesn't believe in it anymore.\nAnd if they can help it, they'll never sell a single fraction of a Bitcoin. In their view, as the coin's mining difficulty increases over time as a result of halvings that are encoded into the protocol, fewer and fewer new tokens will be added to the ones circulating, and the price will go up. So to them it's rational to buy it at any price, because in the future it'll be higher.\nPut differently, the existence of these serious Bitcoin aficionados implies that the coin cannot go to zero, as even if the price falls sharply, there will still be individuals who want to buy it so long as they have the dollars or other currencies to do so. Therefore, there is a floor for the price of Bitcoin.\nThey think that this perpetual buying behavior will be rewarded in the long run. The group exerting constant upward pressure on the coin's price is responsible for providing a baseline level of demand that produces the price action they desire. They invest and evangelize as knowing acts of self-fulfilling prophecy.\nSo far, they have been rewarded handsomely for their conviction. And, so the absurd argument goes, you don't even need to believe in the Bitcoin protocol's merits to see why it's a good investment -- you just need to believe that the zealots exist, and they'll take care of the rest.\nCould it really be the case that a relatively small clique of evangelists is all that Bitcoin needs to grind upward forever?\nIt doesn't sound correct. But it probably is. More investors are adding the coin to their portfolios every day, and there will never be more coins in existence than the 21 million described in the protocol.\nWhen taking the diehards into account, any growth in the coin's investor population at all implies that prices will rise even if the new converts aren't as convinced. Of course, it's possible that investors' conviction will be fickle. It's also possible that Bitcoin's value will fall tremendously and then never recover, making it a terrible investment.\nBut the bullish argument is persuasive because it acknowledges that the direct utility of a currency can be a separate issue from its role as a store of value. Likewise, all something needs to be a store of value is for other people to believe that it is and behave accordingly. For Bitcoin, the belief is already there, so that's why I'll be slowly buying it for quite some time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Fully Ridiculous Argument Convinced Me to Buy Bitcoin and Hold It Foreverwas originally published by The Motley Fool", 'In the discourse among cryptocurrency investors right now, one ever-present narrative is that investing in meme coins likeDogwifhat,(CRYPTO: WIF)Dogecoin,(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB)can confer such high returns that it offers a higher chance of making "generational wealth" than traditional investments like stocks. In their parlance, generational wealth is roughly what one would expect -- a sum of wealth that\'s sufficient for investors to retire on their earnings and pass on a similarly cushy situation to their progeny.\nAre the meme coin boosters onto something? Could it really be possible to make oodles of money from buying some of the riskiest and most speculative financial instruments that exist? Answering the question is a bit more complicated than a simple yes or no, so let\'s unpack the relevant issues in detail.\nLet\'s get one thing out of the way to start. Mathematically, it is indeed possible for small investments in cryptocurrency to deliverabsurdly high returns, the likes of which are vastly beyond all but the most successful of equity investments. For instance, if you\'d bought $1,000 of Dogecoin five years ago, you\'d now have close to $63,000, so you can imagine how much cash you\'d have with a larger investment.\nBut the chance of such an outcome actually happening is close to zero for most investors, for a handful of reasons.\nFirst, there was hardly any mention of Dogecoin in the public discourse in April of 2019, which makes it very unlikely that an investor would choose to buy it. That\'s especially true given that the coin did not have any catalysts on the horizon, as there is no team advancing it or promoting it.\nSecond, most investors do not have the conviction or patience to hold onto highly risky coins for the time it takes for them to appreciate significantly in value. In short, the probability of being able to hold Dogecoin or another coin with a similar trajectory like Shiba Inu is minimal. As the coin\'s value shoots into the stratosphere, investors with a low cost basis are likely to feel the pressure to sell, as there is nothing other than hype to drive further increases.\nFinally, the probability that an investor would actually select Dogecoin or another coin that would later experience a meteoric ascent is not high. There are many thousands of meme coins in existence. Most go to zero, a bunch languish indefinitely, a gaggle grow moderately, and only a select few go on to reachmarket capsin the tens of billions.\nSo don\'t get caught up in the euphoria of cryptocurrency investors who are marketing their meme coins as paths to generational wealth. Even if you have the foresight to invest in a future winner when its price is low and there\'s minimal hype, the challenge of holding it through the ups and downs it will experience is going to be more than most can bear.\nDespite the facts above, there are still ways to responsibly invest in cryptocurrencies, including in meme coins, for the purpose of wealth-building. Just be sure to temper your expectations and prepare to put in a fair amount of work, as you\'ll need to do plenty of research and be ready to hold for the long haul.\nThe most obvious plays right now are coins likeBitcoinorSolana, which have the benefit of favorable macro tailwinds due to the recent halving of the size of Bitcoin\'s mining reward blocks, as well as plenty of attention from the public and the most serious of cryptocurrency investors. While Bitcoin and Solana will still be somewhat volatile in comparison to stocks, and their riskiness is fairly high, if you can commit to holding them for at least the next five years the odds will be in your favor.\nSolana specifically is the way to go if you want exposure to growth resulting from other people\'s meme coin investing. Most of the meme coin activity this year and last year has been on the Solana chain, and its low fees and quick transactions make that likely to continue for at least a while longer.\nFurthermore, assuming your portfolio is already adequately diversified, it is acceptable to dabble in meme coin investments, so long as you obey the following five rules:\n1. Don\'t invest more capital than you can afford to set on fire without caring whatsoever\n2. Don\'t allocate more than 5% of your portfolio\'s value to meme coin investments as a segment\n3. Invest only in well-established meme coins with market caps that are consistently above $300 million even after major drawdowns\n4. Invest only in meme coins with large and active communities on social media\n5. Invest only in meme coins with memes that are appealing to a mass audience; nothing offensive, niche, or confusing\nIn addition to the above, if you can manage to identify meme coins that the market recently dumped, but for which there are still many active coin holders, it\'ll increase your chances of success.\nBut be aware that you\'ll still need to have an ironclad risk tolerance and diamond hands to squeeze the most money out of these investments, so they aren\'t right Last 60 Days of Bitcoin's Closing Prices: [62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-28 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,258,117,937,238 - Hash Rate: 613155633.4421867 - Transaction Count: 487521.0 - Unique Addresses: 509501.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: * Broker raised its year-end bitcoin target to $90K from $80K.* Bernstein now expects a 7% reduction in hashrate post halving from shutdowns.* Says bitcoin miners compelling buys for equity investors looking for exposure to crypto. Bernstein raised its year-end bitcoin {{BTC}} price forecast to $90K from $80K and updated estimates for mining stocks in its coverage, the broker said in a research report on Thursday. “With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto cycle,” wrote analysts Gautam Chhugani and Mahika Sapra. “We assume a 7% reduction in hashrate post halving from shutdowns versus 15% earlier,” the authors wrote.Hashraterefers to the total combined computational power that is being used to mine and process transactions on aproof-of-workblockchain. Thequadrennial reward halvingis when mining rewards are cut in half. The next halving is expected inmid-April. Bernstein raised its price target for outperform-rated CleanSpark (CLSK) to $30 from $14.20. It trimmed its price target for outperform-rated Riot Platforms (RIOT) to $22 from $$22.50 and lifted its Marathon Digital (market-perform) price target to $23 from $14.30. CleanSpark closed at $20.25 on Wednesday, Riot at $12.40 and Marathon at $22.43.Riot and CleanSpark are set to emerge as leaders in the sector, as the “largest miners with the largest self-mining capacity,” the report added.Read more:Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', 'ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter of this year following the preceding quarter\'s 3.4% growth. Meanwhile, the personal consumption expenditures price (PCE) index, the Fed\'s preferred inflation metric, showed prices rose to a 3.4% annualized rate in the first three months of the year from 1.8% in the final quarter of 2023.\nThe stagflationary combination of slower growth rate and sticky inflation has further weakened the probability of the Fed rate cuts.\nMost traders on the prediction market platform Polymarket still seeno rate cutsas the most likely scenario, with a 35% chance of this happening, but the chance of 1 rate cut is creeping up, now at 29% versus 26% a week ago and 14% at the start of the month.\nQCP also wrote that Janet Yellen\'s fiscal strategy, leveraging the Treasury General Account (TGA)—holding close to USD 1 trillion in assets—and the Reverse Repurchase Program (RRP) with USD 400 billion, could inject up to $1.4 trillion in liquidity into the financial system pushing up all risk assets.\nAsCoinDesk\'s Omkar Godbole wrote last week, the key to a continuing bitcoin bull market is the U.S. Treasury\'s impending quarterly refunding announcement, which maintains or reduces the current TGA balance of $750 billion.\nThis $750 billion figure in the TGA is key because it serves as a significant signal to financial markets about the U.S. government\'s fiscal intentions, profoundly impacting economic stability and growth.\nMeanwhile, the launch of thebitcoin exchange-traded funds (ETFs) in Hong Kongon April 30 is also catching the eye of traders. However, news thatmainland Chinese investorswon\'t be able to trade the ETFs has dialed down the bullishness of the launch.', '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter of this year following the preceding quarter\'s 3.4% growth. Meanwhile, the personal consumption expenditures price (PCE) index, the Fed\'s preferred inflation metric, showed prices rose to a 3.4% annualized rate in the first three months of the year from 1.8% in the final quarter of 2023.\nThe stagflationary combination of slower growth rate and sticky inflation has further weakened the probability of the Fed rate cuts.\nMost traders on the prediction market platform Polymarket still seeno rate cutsas the most likely scenario, with a 35% chance of this happening, but the chance of 1 rate cut is creeping up, now at 29% versus 26% a week ago and 14% at the start of the month.\nQCP also wrote that Janet Yellen\'s fiscal strategy, leveraging the Treasury General Account (TGA)—holding close to USD 1 trillion in assets—and the Reverse Repurchase Program (RRP) with USD 400 billion, could inject up to $1.4 trillion in liquidity into the financial system pushing up all risk assets.\nAsCoinDesk\'s Omkar Godbole wrote last week, the key to a continuing bitcoin bull market is the U.S. Treasury\'s impending quarterly refunding announcement, which maintains or reduces the current TGA balance of $750 billion.\nThis $750 billion figure in the TGA is key because it serves as a significant signal to financial markets about the U.S. government\'s fiscal intentions, profoundly impacting economic stability and growth.\nMeanwhile, the launch of thebitcoin exchange-traded funds (ETFs) in Hong Kongon April 30 is also catching the eye of traders. However, news thatmainland Chinese investorswon\'t be able to trade the ETFs has dialed down the bullishness of the launch.', '• Bitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said.\n• Brandt said that bitcoin\'s recent price high of near $74K has already topped according to historical data.\nPeter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin {{BTC}}, has switched sides.\nIn a report shared with CoinDesk, Brandt suggested that bitcoin’s upward trajectory may have reached its peak. This starkly contrasts hisFebruary predictionthat the bullish cycle, starting from the bear market lows in November 2022, could extend out to September 2025, with prices reachingas high as $200,000.\nThe latest projection is based on a statistical concept called “exponential decay,” which describes the process of reducing an amount by a consistent percentage rate over a period.\n“Bitcoin has historically traded within an approximately 4yr bull/bear cycle, often associated with the halving events. There have been three major bull market cycles since the initial bull cycle and each cycle has been 80% less powerful than its predecessor in terms of the price multiple gained,” Brandt said.\n“If the statistical constant of the 80% decay holds true, the [record] high in bitcoin of $73,835 of March 14, 2024, has already reached a price consistent with the historical Exponential Decay,” Brandt added.\nBrandt predictedbitcoin\'s 2018 collapse to under $4,000.\nThe table shows the magnitude or gain multiple of previous bitcoin bull runs and exponential decays.\nThe first rally saw prices rise from $0.01 to $31.91, marking a 3,391x increase in less than two years. Subsequent bull markets have been longer in duration but smaller in magnitude, consistently suffering a roughly 80% exponential decay.\nBitcoin’s rally to record highs above $73,000 in March marked a 79.1% upswing from the bear market low of $15,473 reached after the collapse of the crypto exchange FTX in November 2022.\nSo, if exponential decay theory is a guide, the bull market may be over.\nThat said, past data does not guarantee future results, more so, as historically, Bitcoin blockchain’s quadrennial mining reward halvings have bolstered bullish trends. Thefourth reward halvingtook place on April 20, reducing the pace of per-block supply emission to 3.125 BTC from 6.5 BTC.\nAs such, the consensus in the crypto community is that bitcoin’s ongoing consolidation between $60,000 and $70,000 would resolve in a bullish move.\n"The ‘Pre/Post Halving’ cycle construct would suggest that the current bull trend will reach a top in the $140,000 to $160,000 range sometime in late summer/early fall 2025,” Brandt said, adding that the thesis remains the primary driver of his bitcoin ownership status.\nBrandt, however, added that the exponential theory remains on his radar until evidence emerges that “such decay will not influence the bull trend that began in November 2022.”\nBitcoin changed hands at $62,300 at press time, down 1.5% on a 24-hour basis.', '• Bitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said.\n• Brandt said that bitcoin\'s recent price high of near $74K has already topped according to historical data.\nPeter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin {{BTC}}, has switched sides.\nIn a report shared with CoinDesk, Brandt suggested that bitcoin’s upward trajectory may have reached its peak. This starkly contrasts hisFebruary predictionthat the bullish cycle, starting from the bear market lows in November 2022, could extend out to September 2025, with prices reachingas high as $200,000.\nThe latest projection is based on a statistical concept called “exponential decay,” which describes the process of reducing an amount by a consistent percentage rate over a period.\n“Bitcoin has historically traded within an approximately 4yr bull/bear cycle, often associated with the halving events. There have been three major bull market cycles since the initial bull cycle and each cycle has been 80% less powerful than its predecessor in terms of the price multiple gained,” Brandt said.\n“If the statistical constant of the 80% decay holds true, the [record] high in bitcoin of $73,835 of March 14, 2024, has already reached a price consistent with the historical Exponential Decay,” Brandt added.\nBrandt predictedbitcoin\'s 2018 collapse to under $4,000.\nThe table shows the magnitude or gain multiple of previous bitcoin bull runs and exponential decays.\nThe first rally saw prices rise from $0.01 to $31.91, marking a 3,391x increase in less than two years. Subsequent bull markets have been longer in duration but smaller in magnitude, consistently suffering a roughly 80% exponential decay.\nBitcoin’s rally to record highs above $73,000 in March marked a 79.1% upswing from the bear market low of $15,473 reached after the collapse of the crypto exchange FTX in November 2022.\nSo, if exponential decay theory is a guide, the bull market may be over.\nThat said, past data does not guarantee future results, more so, as historically, Bitcoin blockchain’s quadrennial mining reward halvings have bolstered bullish trends. Thefourth reward halvingtook place on April 20, reducing the pace of per-block supply emission to 3.125 BTC from 6.5 BTC.\nAs such, the consensus in the crypto community is that bitcoin’s ongoing consolidation between $60,000 and $70,000 would resolve in a bullish move.\n"The ‘Pre/Post Halving’ cycle construct would suggest that the current bull trend will reach a top in the $140,000 to $160,000 range sometime in late summer/early fall 2025,” Brandt said, adding that the thesis remains the primary driver of his bitcoin ownership status.\nBrandt, however, added that the exponential theory remains on his radar until evidence emerges that “such decay will not influence the bull trend that began in November 2022.”\nBitcoin changed hands at $62,300 at press time, down 1.5% on a 24-hour basis.', "Halving is nothing new forBitcoin(CRYPTO: BTC). There have been three previous halvings, and they all shared some similarities. However, with the passing of the fourth halving, which occurred on the evening of April 19, the stage is set for Bitcoin to enter a new era, as this halving is shaping up to be unlike any before.\nHere are three reasons Bitcoin's fourth halving is different from the past three.\nIn all previous halvings, the only investors were retail folks, like you and me. But now the institutions are here, and they are buying the cryptocurrency in the form of the recently approvedspot Bitcoin ETFs.\nAfter they were sidelined for more than a decade, the arrival of spot Bitcoin ETFs was met with remarkable demand. At one point, these funds were purchasing Bitcoin at 10 times its daily production (roughly 900 bitcoins). While demand has cooled in the last few weeks, if they were to return to those levels, then they would be buying at a rate 20 times greater than Bitcoin's daily supply now that the halving has passed.\nAt the time of every other halving, there were more coins available on exchanges than there were during the previous one. Let's unpack that a little. At the third halving in May 2020, there were more than 3 million coins on exchanges. This was 2 million more than at the second halving, which occurred in July 2016.\nBut after the May 2020 halving, something changed. Since then, the number of coins available for purchase on exchanges has plummeted, sitting at 2.2 million today. There are likely a handful of reasons for this, yet the most simple answer is that Bitcoin hit a tipping point between supply and demand.\nAmidst an existing supply shortage and the arrival of the Bitcoin ETFs, this new dynamic is probably why Bitcoin hit a new all-time high of roughly $73,000 in mid-March, thefirst timeit ever hit an all-time high before the halving. It is usually after the halving, once the full effect of the supply reduction manifests, that a new all-time high is hit.\nIt was only recently that Bitcoin's viability as a store of value started to prove itself. For the first eight years of its existence, Bitcoin's inflation rate was upwards of 10%. But with this most recent halving, Bitcoin's inflation rate fell below 1%. With only 450 bitcoins being mined per day, the new inflation rate of 0.85% will officially make Bitcoin scarcer than what many believe is the ultimate inflation hedge -- gold.\nAs this becomes more well-known, Bitcoin will likely solidify itself and overtake gold's supposed role. Unlike gold, which has an unpredictable inflation rate on a year-to-year basis, we know that there will only ever be 1.4 million coins to enter circulation until 2140.\nOnly time will tell just how different this halving will end up being, but the stars appear to be aligning to make it unlike any other. With spot Bitcoin ETFs here, an existing supply shock, and a minuscule inflation rate, don't be surprised if Bitcoin surpasses expectations once again.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy This Bitcoin Halving Is Differentwas originally published by The Motley Fool", "Halving is nothing new forBitcoin(CRYPTO: BTC). There have been three previous halvings, and they all shared some similarities. However, with the passing of the fourth halving, which occurred on the evening of April 19, the stage is set for Bitcoin to enter a new era, as this halving is shaping up to be unlike any before.\nHere are three reasons Bitcoin's fourth halving is different from the past three.\nIn all previous halvings, the only investors were retail folks, like you and me. But now the institutions are here, and they are buying the cryptocurrency in the form of the recently approvedspot Bitcoin ETFs.\nAfter they were sidelined for more than a decade, the arrival of spot Bitcoin ETFs was met with remarkable demand. At one point, these funds were purchasing Bitcoin at 10 times its daily production (roughly 900 bitcoins). While demand has cooled in the last few weeks, if they were to return to those levels, then they would be buying at a rate 20 times greater than Bitcoin's daily supply now that the halving has passed.\nAt the time of every other halving, there were more coins available on exchanges than there were during the previous one. Let's unpack that a little. At the third halving in May 2020, there were more than 3 million coins on exchanges. This was 2 million more than at the second halving, which occurred in July 2016.\nBut after the May 2020 halving, something changed. Since then, the number of coins available for purchase on exchanges has plummeted, sitting at 2.2 million today. There are likely a handful of reasons for this, yet the most simple answer is that Bitcoin hit a tipping point between supply and demand.\nAmidst an existing supply shortage and the arrival of the Bitcoin ETFs, this new dynamic is probably why Bitcoin hit a new all-time high of roughly $73,000 in mid-March, thefirst timeit ever hit an all-time high before the halving. It is usually after the halving, once the full effect of the supply reduction manifests, that a new all-time high is hit.\nIt was only recently that Bitcoin's viability as a store of value started to prove itself. For the first eight years of its existence, Bitcoin's inflation rate was upwards of 10%. But with this most recent halving, Bitcoin's inflation rate fell below 1%. With only 450 bitcoins being mined per day, the new inflation rate of 0.85% will officially make Bitcoin scarcer than what many believe is the ultimate inflation hedge -- gold.\nAs this becomes more well-known, Bitcoin will likely solidify itself and overtake gold's supposed role. Unlike gold, which has an unpredictable inflation rate on a year-to-year basis, we know that there will only ever be 1.4 million coins to enter circulation until 2140.\nOnly time will tell just how different this halving will end up being, but the stars appear to be aligning to make it unlike any other. With spot Bitcoin ETFs here, an existing supply shock, and a minuscule inflation rate, don't be surprised if Bitcoin surpasses expectations once again.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy This Bitcoin Halving Is Differentwas originally published by The Motley Fool", '• Bitcoin ETF slowdown is a short-term pause not the beginning of a negative trend, the report said.\n• Broker’s expectation of a bitcoin high of $150,000 by 2025 remains the same.\n• The bitcoin mining cycle remains healthy after the halving, Bernstein said.\nTheslowdownin bitcoin {{BTC}} exchange-traded fund (ETF) inflows is a short-term pause before ETFs become more integrated with private bank platforms, wealth advisors and more brokerage platforms, and not the beginning of a worrying trend, broker Bernstein said in a research report on Monday.\nThe broker notes that the world’s largest cryptocurrency has been range-bound in terms of price, with no clear momentum on either side following the halving.\n“There is a natural gestation time to bitcoin becoming an acceptable portfolio allocation recommendation and the platforms establishing the compliance framework to sell bitcoin ETF products,” analysts Gautam Chhugani and Mahika Sapra wrote.\nBernstein says its expectation of a bitcoin cycle high by 2025 of $150,000 remains the same, as the “unprecedented ETF demand inflows have further reinforced our conviction.”\nThe bitcoin mining cycle remains healthy after the halving, with the leading players continuing to consolidate market shares, the report said.\nBitcoin network fees have normalized at a healthy 10% of miners revenues having spiked post the halving, the report added.\nThe quadrennialreward halvingtook place earlier this month and slowed the rate of growth in bitcoin supply.\nRead more:Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein', '• Bitcoin ETF slowdown is a short-term pause not the beginning of a negative trend, the report said.\n• Broker’s expectation of a bitcoin high of $150,000 by 2025 remains the same.\n• The bitcoin mining cycle remains healthy after the halving, Bernstein said.\nTheslowdownin bitcoin {{BTC}} exchange-traded fund (ETF) inflows is a short-term pause before ETFs become more integrated with private bank platforms, wealth advisors and more brokerage platforms, and not the beginning of a worrying trend, broker Bernstein said in a research report on Monday.\nThe broker notes that the world’s largest cryptocurrency has been range-bound in terms of price, with no clear momentum on either side following the halving.\n“There is a natural gestation time to bitcoin becoming an acceptable portfolio allocation recommendation and the platforms establishing the compliance framework to sell bitcoin ETF products,” analysts Gautam Chhugani and Mahika Sapra wrote.\nBernstein says its expectation of a bitcoin cycle high by 2025 of $150,000 remains the same, as the “unprecedented ETF demand inflows have further reinforced our conviction.”\nThe bitcoin mining cycle remains healthy after the halving, with the leading players continuing to consolidate market shares, the report said.\nBitcoin network fees have normalized at a healthy 10% of miners revenues having spiked post the halving, the report added.\nThe quadrennialreward halvingtook place earlier this month and slowed the rate of growth in bitcoin supply.\nRead more:Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein', 'Gold has long been the go-to asset during times of financial uncertainty. If you have a queasy feeling in the pit of your stomach about what\'s going to happen next, you buy gold. So is it really possible that buying crypto -- an asset famous for its volatility -- could be a way to risk-proof your portfolio?\nBillionaire hedge fund investor Paul Tudor Jones thinks so. As he surveys the current geopolitical and macroeconomic environment, he\'s looking at both gold andBitcoin(CRYPTO: BTC)as potential safe-haven assets. If he\'s buyingBitcoinnow, should you be too?\nThere are two unique features of Bitcoin that make it a potential safe-haven asset. For one, Bitcoin is a digital asset that has been programmed to behave in a certain way. The Bitcoin algorithm carefully controls how much Bitcoin can be issued at one time, as well as the total lifetime supply of Bitcoin. The goal is to make Bitcoin inflation-resistant.\nThe recent Bitcoin halving is yet more evidence of this algorithm at work, since it cuts in half the rate of new Bitcoin issuance. AsCoinbase Globaltold its institutional clients, this makes Bitcoin a "programmatically disinflationary asset." Bitcoin has literally been programmed to act as a hedge against inflation.\nThe other unique feature of Bitcoin is that, until the launch of the newspot Bitcoin ETFs, it was almost completely untethered to the traditional financial system. In fact, Bitcoin was created as a reaction to the financial crisis of 2008, and every effort was made to free Bitcoin from the system of Wall Street intermediaries and central banks. That\'s why Bitcoin was largely uncorrelated with the broader financial markets for much of its existence.\nAnd that lack of correlation with the broader market is exactly what makes Bitcoin potentially so valuable during times of trouble. Bitcoin can zig, while other assets zag. Sound familiar? That\'s exactly why people buy gold. If their stock market investments are declining in value, at least their gold holdings are going up in value. The same is potentially true with Bitcoin as well. That\'s why some people refer to Bitcoin as "digital gold."\nHedge fund manager Paul Tudor Jones is no stranger to the crypto game. Since May 2020, he has suggested a Bitcoin allocation of at least 1%-2% for a diversified portfolio. At times, he has even hinted that he might boost that allocation to as high as 5%. The amount you decide to allocate to Bitcoin in your portfolio, of course, depends on how much risk you see in current events.\nAccording to Jones, the major source of risk these days is geopolitical risk. "This might be the most threatening geopolitical environment I\'ve ever seen," he said. He was specifically referring to events in the Middle East, but he could just as easily be talking about events in Ukraine or Taiwan.\nBut that\'s not all. Jones also sees a massive "debt bomb" for the U.S. economy. It\'s no secret that the U.S. government has accumulated a staggering amount of debt, and at some point, the chickens are going to come home to roost. For that reason, he says, "I can\'t love stocks, but I love Bitcoin and gold."\nMany investors assume that you only have a single option to risk-proof your portfolio: buying gold. And, indeed, if you\'ve spent any time on social media recently, you might be shocked at how many people are talking about buying gold these days. Who would ever have thought thatCostcowould have so much success selling 1-ounce gold bars to its customers?\nBut physical gold is not the only game in town during these turbulent times. If you are looking to risk-proof your portfolio, you also might want to consider "digital gold." It sounds counter-intuitive, but by allocating just a tiny portion of your portfolio to Bitcoin, you might be able to mitigate some of the risk due to the current geopolitical and macroeconomic environment.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Costco Wholesale. The Motley Fool has adisclosure policy.\nBuy This Crypto if You Want to Risk-Proof Your Portfolio, According to Billionaire Paul Tudor Joneswas originally published by The Motley Fool', "After four years of waiting, the long-anticipatedBitcoin(CRYPTO: BTC)halving finally took place on April 19. It promises to be yet another watershed moment in the history of Bitcoin. That's because every new halving cycle typically brings another bull market rally for Bitcoin, as well as another all-time high.\nBut it's not just Bitcoin that could be a big winner of theBitcoin halving. Three other big winners includeCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andBlackRock(NYSE: BLK). Let's take a closer look.\nThe obvious winner, of course, isCoinbase. First and foremost, the start of a new bull market rally for Bitcoin could lead to retail investors returning to the company's cryptocurrency trading platform, thereby pumping up Coinbase's transaction-related revenue. And, since a rising price for Bitcoin is traditionally good for the broader crypto market as well, there is likely to be increased trading in many, if not all, of the more than 245 cryptos currently listed on the exchange.\nAnd don't forget about the effect of the halving cycle on investor appetite for the new spot Bitcoin ETFs. Obviously, investors aren't going to Coinbase to trade these new ETFs. But here's the thing -- Coinbase is a custodian for eight of the 11 new spot Bitcoin ETFs. Thus, indirectly, Coinbase will benefit from investors deciding to buy these new spot Bitcoin ETFs. The more money that flows into the spot Bitcoin ETFs, the more money Coinbase could make from custodial fees.\nWhile MicroStrategy is ostensibly an enterprise software company, it's best known as the largest corporate holder of Bitcoin in the world. The company has been on a Bitcoin buying spree since mid-2020, and currently holds more than 214,000 bitcoins on its balance sheet. That's more than 1% of all Bitcoin in circulation. At today's Bitcoin price of $66,000, those holdings are worth a cool $14 billion, or about 60% of the total value of MicroStrategy itself!\nMicroStrategy shows no signs of slowing its Bitcoin acquisition strategy. The company's founder and executive chairman, Michael Saylor, is known as one of the biggest Bitcoin bulls in the world, and he has been very transparent about his desire to own as much Bitcoin as possible. In fact, his company recently had two new debt offerings, both with the express purpose of -- you guessed it -- buying more Bitcoin. If you are looking for a Bitcoin proxy stock, then look no further than MicroStrategy.\nFinally, there's BlackRock, the largest asset manager in the world, with over $10 trillion in assets under management. The company is the issuer of theiShares Bitcoin Trust(NASDAQ: IBIT), the most popular of the new spot Bitcoin ETFs that launched in January. In the span of just over three months, the ETF has gone from $0 to $17 billion in assets under management. And you can expect that figure to grow even higher as the price of Bitcoin increases.\nGranted, $17 billion is a drop in the bucket compared to the $10 trillion in assets that the company manages. But the bigger picture is that top ETF issuers such as BlackRock are using their flagship Bitcoin products as a way to attract new investors. Once you've purchased the iShares Bitcoin Trust, for example, you're much more likely to buy one of the company's other ETFs.\nBlackRock has also said that its new Bitcoin ETF is just the first step to new product innovations in areas such as asset tokenization, which has been projected as a $16 trillion market opportunity by the Boston Consulting Group. So I'm viewing BlackRock as a very long-term play on the mainstream adoption of Bitcoin and other crypto-related assets.\nThree different companies, three different ways to play the Bitcoin halving. If you are looking for a company that's directly leveraged to the price of Bitcoin, the clear choice is MicroStrategy. In many ways, MicroStrategy is a Bitcoin ETF masquerading as a software company. If you are looking for a more diversified play on the price of Bitcoin, though, Coinbase is a better choice.\nOf course, you could always just buy Bitcoin. If the 2024 halving is anything like the previous three Bitcoin halvings, it's going to be hard to find any investment that has the potential to soar higher over the next 12 months.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Winners of the Bitcoin Halvingwas originally published by The Motley Fool", "After four years of waiting, the long-anticipatedBitcoin(CRYPTO: BTC)halving finally took place on April 19. It promises to be yet another watershed moment in the history of Bitcoin. That's because every new halving cycle typically brings another bull market rally for Bitcoin, as well as another all-time high.\nBut it's not just Bitcoin that could be a big winner of theBitcoin halving. Three other big winners includeCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andBlackRock(NYSE: BLK). Let's take a closer look.\nThe obvious winner, of course, isCoinbase. First and foremost, the start of a new bull market rally for Bitcoin could lead to retail investors returning to the company's cryptocurrency trading platform, thereby pumping up Coinbase's transaction-related revenue. And, since a rising price for Bitcoin is traditionally good for the broader crypto market as well, there is likely to be increased trading in many, if not all, of the more than 245 cryptos currently listed on the exchange.\nAnd don't forget about the effect of the halving cycle on investor appetite for the new spot Bitcoin ETFs. Obviously, investors aren't going to Coinbase to trade these new ETFs. But here's the thing -- Coinbase is a custodian for eight of the 11 new spot Bitcoin ETFs. Thus, indirectly, Coinbase will benefit from investors deciding to buy these new spot Bitcoin ETFs. The more money that flows into the spot Bitcoin ETFs, the more money Coinbase could make from custodial fees.\nWhile MicroStrategy is ostensibly an enterprise software company, it's best known as the largest corporate holder of Bitcoin in the world. The company has been on a Bitcoin buying spree since mid-2020, and currently holds more than 214,000 bitcoins on its balance sheet. That's more than 1% of all Bitcoin in circulation. At today's Bitcoin price of $66,000, those holdings are worth a cool $14 billion, or about 60% of the total value of MicroStrategy itself!\nMicroStrategy shows no signs of slowing its Bitcoin acquisition strategy. The company's founder and executive chairman, Michael Saylor, is known as one of the biggest Bitcoin bulls in the world, and he has been very transparent about his desire to own as much Bitcoin as possible. In fact, his company recently had two new debt offerings, both with the express purpose of -- you guessed it -- buying more Bitcoin. If you are looking for a Bitcoin proxy stock, then look no further than MicroStrategy.\nFinally, there's BlackRock, the largest asset manager in the world, with over $10 trillion in assets under management. The company is the issuer of theiShares Bitcoin Trust(NASDAQ: IBIT), the most popular of the new spot Bitcoin ETFs that launched in January. In the span of just over three months, the ETF has gone from $0 to $17 billion in assets under management. And you can expect that figure to grow even higher as the price of Bitcoin increases.\nGranted, $17 billion is a drop in the bucket compared to the $10 trillion in assets that the company manages. But the bigger picture is that top ETF issuers such as BlackRock are using their flagship Bitcoin products as a way to attract new investors. Once you've purchased the iShares Bitcoin Trust, for example, you're much more likely to buy one of the company's other ETFs.\nBlackRock has also said that its new Bitcoin ETF is just the first step to new product innovations in areas such as asset tokenization, which has been projected as a $16 trillion market opportunity by the Boston Consulting Group. So I'm viewing BlackRock as a very long-term play on the mainstream adoption of Bitcoin and other crypto-related assets.\nThree different companies, three different ways to play the Bitcoin halving. If you are looking for a company that's directly leveraged to the price of Bitcoin, the clear choice is MicroStrategy. In many ways, MicroStrategy is a Bitcoin ETF masquerading as a software company. If you are looking for a more diversified play on the price of Bitcoin, though, Coinbase is a better choice.\nOf course, you could always just buy Bitcoin. If the 2024 halving is anything like the previous three Bitcoin halvings, it's going to be hard to find any investment that has the potential to soar higher over the next 12 months.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Winners of the Bitcoin Halvingwas originally published by The Motley Fool", "Despite an extremely volatile journey, in the past five years,Bitcoin's(CRYPTO: BTC)price has skyrocketed 1,190%. It has benefited greatly from more bullish sentiment in the past year and a half.\nBut after hitting a fresh all-time high of almost $74,000 in March, the world's most valuable cryptocurrency has taken a breather. As of April 24, it sits 9% below that peak price. That dip tracks the broader cryptocurrency market.\nDoes the current setup makeBitcoina once-in-a-generation investment opportunity?\nIt's important to take a step back and first consider what makes Bitcoin such a unique asset. It clearly has something working in its favor that has helped drive up the price so much in the past several years.\nBefore the arrival of Bitcoin, there was no way for two people to send money to each other digitally without the use of intermediaries. Just think about all of the various parties involved in an online transaction today, with all of them taking a cut. Bitcoin's pseudonymous founder,Satoshi Nakamoto, wanted to develop a decentralized monetary network that transcended borders and was open to anyone.\nAdditionally, perhaps Bitcoin's most valuable trait is that it has a fixed supply cap of 21 million. As demand to buy and hold this digital asset has risen over time, it's no surprise that its price has as well.\nA completely decentralized network with a hard supply cap has tremendous value in and of itself. Just look at the current monetary system. In the U.S., for example, we have a currency that is constantly being devalued, as well as a ballooning debt problem. Bitcoin is an alternative to this financial ineptitude.\nOver time, a larger number of market participants and greater pools of capital are learning more about Bitcoin's attractive qualities. And this has pushed up its price. The recently approved and launched spot exchange-traded funds also opened the floodgates in terms of institutional involvement.\nAfter such an impressive run, investors are probably wondering how much more upside Bitcoin has. I believe there is still some serious potential to achieve returns that outperform the broader stock market.\nAccording to Unchained Capital, a Bitcoin-focused financial services firm, only 1 in 4 adults in the U.S. own some Bitcoin. That's compared to more than 60% who own stocks. I suspect in developing countries Bitcoin's penetration is substantially lower. As more people educate themselves, they will likely want to gain some exposure.\nBecause Bitcoin's primary use case is as an excellent store of value, it often draws comparisons to gold. The value of all the gold on Earth that has been mined is estimated to be worth almost $16 trillion. Given that Bitcoin has properties that make itsuperior to gold, it's totally reasonable to ass Last 60 Days of Bitcoin's Closing Prices:* [61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-29 Financial & Commodity Data: - Gold Closing Price: $2345.40 - Crude Oil Closing Price: $82.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,231,479,925,462 - Hash Rate: 573738485.5780463 - Transaction Count: 403064.0 - Unique Addresses: 603796.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects to change Bitcoin losing value, not adding) April 13 (Reuters) - Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, losing $5,050 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 15.8% from the year's high of $73,794 on March 14. (Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)... - Reddit Posts (Sample): [['u/btctrader12', 'The market only goes up. The sooner you accept this the better ', 2244, '2024-04-29 00:12', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', 'The long term history of the stock market is not due to chance or randomness. We were not merely “lucky” in any sense. It is not true that anyone who invests in the market gets “lucky”. The long term trend of up is completely explainable and has a very simple cause.\n\nThe cause is that most people don’t sell. It’s just not an activity that most market participants do. More importantly, there are many people who invest into the market in stages or in a variety of different stocks. Some of them systematize this by buying a portion of their salary. There’s even a strategy called DCA (Daily Cost Averaging) where people buy a certain amount of their favorite stock or crypto every single day. This is very common in Bitcoin. There is rarely ever an equivalent of a DSA (Daily Sell Averaging) because most people simply do not sell things day to day. \n\nSo on any given day, unless there is some sort of impending news or a sudden reason that can cause panic, most sell volume is simply bots. People are not regularly selling stocks every day. It is simply not a thing. Now, of course, most buy volume is also bots but it is unquestionably true that there are many, if not exponentially, more “real” buyers than sellers on any given day. \n\nPointing out how a few crappy companies have always went down long term doesn’t invalidate any of this. The main reason that happens is not because people are selling that stock every day. It’s because there is no reason left for people to buy because the company is crappy. ', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', '1cfipv0', [['u/vandysatx', 20, '2024-04-29 00:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdb2x/', 'I like the cut of your jib matey. Full port 0 dte calls on Monday.', '1cfipv0'], ['u/NotAGoodUsername36', 200, '2024-04-29 00:23', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdorq/', 'I think we accidentally got a post from 1924, guys.', '1cfipv0'], ['u/blackjack_bull', 44, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe3g7/', 'The big perspective shift for people is if someone here can post the statistics for when the banks, large traders, and companies dumped their shares during the market’s many crashes. I want to see how much of the loss is retail.', '1cfipv0'], ['u/cranialrectumongus', 457, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe4bf/', 'Yes, and as John Menard Keynes once said "In the long run we are all dead,. "', '1cfipv0'], ['u/cranialrectumongus', 14, '2024-04-29 00:28', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pehqb/', 'I believe that Mr. Keynes just entered the chat.', '1cfipv0'], ['u/Meanie_Cream_Cake', 62, '2024-04-29 00:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pel7d/', "This line of thinking doesn't work with trading options.\n\nYou need to know when to dip out and when to buy back in.", '1cfipv0'], ['u/Individual-Point-606', 1691, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfa0e/', "There's actually an explanation why the SnP500 keeps going up for decades: it keeps adding profitable big companies and let em go wen they become unprofitable . So basically they rebalance the thing to have the best businesses there, ofc other external factors (rates, wars, covid,etc) play a role", '1cfipv0'], ['u/miners915tx', 11, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfaee/', "I know this us r/wallstreetbets and not some r/investing sub but what about leaps? Yes you're paying a ton for any contracts ITM but I'd guess its about as safe as anything out there...even calls on spy at the beginning of covid turned a profit a year or less agmfter the initial draw down", '1cfipv0'], ['u/neutralpoliticsbot', 704, '2024-04-29 00:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfm60/', 'bingo S&P constantly adjusting and changing 75% of S&P is different from 15 years ago.', '1cfipv0'], ['u/gnocchicotti', 38, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfsx1/', 'The market always goes up the day after your calls expire. The sooner you accept this the better', '1cfipv0'], ['u/klauskinski79', 39, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pftu6/', "Let me provide a picture of the Japanese stockmarket. Adjusted for inflation it's far below where it was 35 years ago\n\nhttps://www.marketwatch.com/investing/index/nik?countrycode=jp", '1cfipv0'], ['u/Zajebanii', 46, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfurd/', 'There’s like 200 stocks delisted every year. You still have to pick good companies and monitor their growth', '1cfipv0'], ['u/BlindSquirrelCapital', 317, '2024-04-29 00:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg1cr/', "They thought the same thing about the Nikkei in the late 80's when Japan was supposed to overtake America as an economic powerhouse. At then end of the day it boils down to technology, productivity and demographics over the long term. Luckily the US over the past 200 years has been blessed with all of these things together with an abundance of natural resources. Will the next decade or the next 50 years yield the same results? I think so and hope so but nothing is guaranteed for any market or country, especially given our debt levels.", '1cfipv0'], ['u/HaveFunWillTravel69', 11, '2024-04-29 00:40', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg7ss/', 'Oh honey. Your asshole is going to be so raw after this week destroys you. Get sone KY Jelly before open.', '1cfipv0'], ['u/ApplicationJunior832', 23, '2024-04-29 00:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgc1i/', "Also because the world's economy has been overall growing over the last several decades, along with inflation and money supply. Money has to go somewhere, and lots get to the stock markets.\nHard to make predictions for the decades to come, let's just hope it keeps going like this", '1cfipv0'], ['u/Individual-Point-606', 670, '2024-04-29 00:44', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgsop/', 'SnP is like the playboy mansion: wen tits begin losing to gravity they are invited to leave.', '1cfipv0'], ['u/Acrobatic_Feel', 14, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5m0/', 'So only the Mag 7, got it 👍', '1cfipv0'], ['u/No_Difficulty_3116', 34, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5pk/', 'Sometimes you have to wait 10 years before talking again about gains. the current graph looks too hyped up and every finfluencer screams that every regard should throw his money also in just any index. But im too regarded too wait for a bigger crash/correction', '1cfipv0'], ['u/JustmeandJas', 14, '2024-04-29 00:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph89g/', 'Survival of the fittest', '1cfipv0'], ['u/Meanie_Cream_Cake', 23, '2024-04-29 00:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1phmkg/', "Two reasons why LEAPS are also not safe: Theta decay and the markets in a prolonged downturn.\n\nYour LEAPS won't be worth as much (or become worthless) if the markets are red for a long time. That's why you plan a stop-loss and get the eff out if things don't look right.", '1cfipv0'], ['u/DeliriousPrecarious', 28, '2024-04-29 00:52', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pi2qt/', 'Ok. Japan didn’t have people. That’s the difference.', '1cfipv0'], ['u/BlindSquirrelCapital', 30, '2024-04-29 00:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piagh/', 'Pick up a history book for once. The immigration that happened through the course of our history is what made this country an economic powerhouse since we had abundant labor pools with which to build the railroads, buildings and work in the factories. Japan was and still is very stringent on immigration and they have far more older people than productive younger people and thus the young are supporting a large portion of the population. The illegal immigration is a problem and a more orderly system should have been put in place years ago but to think that this country and much of its success was not built on immigrants from Ireland, China and elsewhere over the last two hundred years is just plain ignorant. Given the declining birthrates we better not fall into the same trap as Japan or we may be headed for the same outcome.', '1cfipv0'], ['u/lolfunctionspace', 21, '2024-04-29 00:56', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pijzy/', 'The real reason asset prices denominated in USD only go up is much simpler.\n\nEvery year the government spends more than it receives in tax revenues - can just be seen as a future obligation to print money. This is how it has worked in practice for decades.', '1cfipv0'], ['u/mythreesons1911', 119, '2024-04-29 00:56', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pilzo/', 'As Maynard James Keenan once said "all this pain is an illusion".', '1cfipv0'], ['u/AramushaIsLove', 40, '2024-04-29 00:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piv3h/', 'It\'s so fitting that someone who says this have the name "btctrader". Just so funny.', '1cfipv0'], ['u/Meanie_Cream_Cake', 40, '2024-04-29 01:00', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pj6w6/', 'There are 4 kind of economies: developed, undeveloped, Japan and Argentina.\n\nJapan is in some dip shit and their yen is becoming worthless. A harbinger for the US in my silent opinion.', '1cfipv0'], ['u/kudlatywas', 11, '2024-04-29 01:00', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pj95s/', 'You might want to check S&P from march 1937 till sep 1967. 30 years could be considered lifetime investment which would yield nothing but hey stonks only go up 😃', '1cfipv0'], ['u/Individual-Point-606', 10, '2024-04-29 01:09', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pkk2k/', 'Go tell that to the pension fund managers, edge funds, sovereign funds and other big players that hold 90% of an SnP 500 stock float....', '1cfipv0'], ['u/OKImHere', 18, '2024-04-29 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pklsq/', 'I hope your fever breaks soon.', '1cfipv0'], ['u/PremiumQueso', 12, '2024-04-29 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pkm5u/', 'Xenophobic cry baby nonsense. Quit wetting your pants over immigrants. They grow the economy. We’re lucky to live somewhere people want to relocate even if they risk their lives. The US isn’t a waste land. We have plenty of room to absorb more immigrants. The issue is an unworkable legal process for legal immigration. We could fix that but conservatives won’t ever let that happen.', '1cfipv0'], ['u/ADynes', 165, '2024-04-29 01:16', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1plfx8/', 'Saggy & Perky.', '1cfipv0'], ['u/cranialrectumongus', 59, '2024-04-29 01:16', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1plfy8/', 'That quote was from 1923. It took the market 25 years to reach the peak 1929 level following the crash.', '1cfipv0'], ['u/Placebo_Effect_47', 60, '2024-04-29 01:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pmlr9/', "Stay bearish, I'll remain a perma Bull. We can compare results in 25 years.", '1cfipv0'], ['u/klauskinski79', 18, '2024-04-29 01:25', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pmsld/', "I mean the us has been pumping up the economy first with free money and now a huge deficit for almost two decades now. If this goes bumm it will not fix itself in a couple years. It's like Italy in the nineties. Normally that doesn't necessarily kill the stockmarket but murders the exchange rate of a country. No idea how that works with the global reserve currency though. Being the global reserve currency also means they have a ton of leeway to pump further. But sooner or later this has to get back to reality.", '1cfipv0'], ['u/TheTwebber', 19, '2024-04-29 01:27', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pn0mw/', '🌀out', '1cfipv0'], ['u/149AssetManagement', 10, '2024-04-29 01:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pnfjk/', 'Everything everyone else said + \n\n1. People put a small amount into SPY EVERY WEEK through defined contribution plans (401k, etc.)\n2. The S&P 500 has a great global brand. As well, the USA economy having a similar brand. It’s the “Land of Opportunity”; if you’re smart and hard working you want to end up in USA to maximize your return on personal capital. \n3. Big, profitable companies want to stay in the S&P 500; so they do lots of things to make that happen.\n4. The best companies are able to reinvest capital in the most productive ways; and are supposed to look out for shareholders first. \n5. Think of owning stock as employing millions of hard working people who are trying to deploy your capital in the most efficient way possible. They are working everyday to improve their company (where they often own stock)… and in turn your capital will grow.', '1cfipv0'], ['u/neutralpoliticsbot', 25, '2024-04-29 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1po5db/', 'This is why I have my IRA 100% in $XXXX', '1cfipv0'], ['u/KyOatey', 17, '2024-04-29 01:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pocxm/', "This is lower than it should be. The stock market is growing because the world is growing. It's just about that simple.", '1cfipv0'], ['u/AoeDreaMEr', 70, '2024-04-29 01:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp3uw/', 'Blud explaining DCA as a “strategy” he just learnt. “There’s a strategy called DCA….”', '1cfipv0'], ['u/GlokzDNB', 60, '2024-04-29 01:42', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp5sm/', "The only reason why it's that because us international policy and leveraging dollar which makes your gdp to grow\n\nLook at Polish stock market. Gdp grows, there's political and geopolitical instability and index does not grow.\n\nHow ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\n\nI am not betting on that, but nothing lasts forever and one day someone will learn that what you said is truth only in fast growing economy.", '1cfipv0'], ['u/Zeto12', 127, '2024-04-29 01:42', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp6sj/', 'Hey guys the top is in', '1cfipv0'], ['u/randoredditor23', 53, '2024-04-29 01:45', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pppm2/', 'That and we can add inflation and the decreasing value of our dollar 💪', '1cfipv0'], ['u/UnknownResearchChems', 31, '2024-04-29 01:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ppuue/', 'This is why stock picking is r3tarded', '1cfipv0'], ['u/VisualMod', 22, '2024-04-29 01:51', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqg2h/', 'Sure, but the poor die faster.', '1cfipv0'], ['u/ImLettuceEatter', 63, '2024-04-29 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqwh0/', 'yeah, its easy for us in america to think the market will always go up. But tell that to the europoors or the japanese. They been stagnanent for a long time now. I imagine the party has to end eventually', '1cfipv0'], ['u/Evil_Patriarch', 50, '2024-04-29 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqz2d/', 'That was back before we realized we could just print more money whenever the market starts going down', '1cfipv0'], ['u/Hodorous', 10, '2024-04-29 01:57', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1prbiv/', 'Remember kids: The Great recession was only decade long bear trap', '1cfipv0'], ['u/Dismal_While579', 56, '2024-04-29 02:04', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1psblr/', 'also, this is a casino, green or red 0dte is all that matters, intra day is random, or against us, in any case long term trends are absolutely irrelevant day to day\xa0', '1cfipv0'], ['u/Dr-McLuvin', 20, '2024-04-29 02:05', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1psict/', 'I don’t think that includes dividends.', '1cfipv0'], ['u/First_Signature_5100', 51, '2024-04-29 02:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ptdbm/', 'Someone has to pick the stocks for an index to work lol', '1cfipv0'], ['u/Krakatoast', 25, '2024-04-29 02:14', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pts3z/', 'Agreed\n\nThe US stock market “always goes up” but also look at geopolitical influence/power… that has also gone up for the U.S. for decades and decades… the market isn’t the underlying factor for the economy or wealth, imo it’s the other way around..\n\nIf the U.S. economy gets screwy or there’s a shift in geopolitical power (like how China wants to end western global dominance for example) our market probably won’t continue to “always go up forever and ever and ever.”', '1cfipv0'], ['u/snakesign', 123, '2024-04-29 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pun6c/', "We just need to do another war in Europe so we're the only remaining industrial nation that wasn't bombed to the stone age.", '1cfipv0'], ['u/BlindSquirrelCapital', 19, '2024-04-29 02:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pv8l9/', 'That was a large factor as well but we still needed the people in factories and other places to produce the goods and build the infrastructure. In fact we needed even more given that we increased our industrial capacity and other countries needed our exports.', '1cfipv0'], ['u/boboleponge', 20, '2024-04-29 02:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pvgbm/', 'RemindMe! 25 years.', '1cfipv0'], ['u/FordBagholder', 19, '2024-04-29 02:32', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pwb4j/', 'Have your IRA in NVDA bigger returns….', '1cfipv0'], ['u/ProgrammaticallyHip', 11, '2024-04-29 02:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1px39m/', 'Not for long. The word is out on the generous European welfare state, which is why millions of people are flooding in to get some of those sweet, sweet benefits. Good luck keeping those social programs when half your country is unskilled, marginally employable and not paying taxes.', '1cfipv0'], ['u/No_Detective_But_304', 75, '2024-04-29 02:38', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1px4hz/', "How ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\nThat’s when the wars start.", '1cfipv0'], ['u/HedgeFundCIO', 17, '2024-04-29 02:43', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pxuys/', 'Depends what one means by “work”. In many ways the market is already a bit distorted from all the indexed fund buys', '1cfipv0'], ['u/CouncilmanRickPrime', 84, '2024-04-29 02:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pycp7/', 'This is why you put your money in an S&P 500 ETF and keep adding money to it.', '1cfipv0'], ['u/Snoo_96430', 25, '2024-04-29 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyeqk/', 'Look Mr. polish person you better hope Americans keeps growing so we can continue to finance your defense budgets you are a part of the American empire we station troops in your country we might even start putting nukes their just lay back and relax.', '1cfipv0'], ['u/LegitosaurusRex', 12, '2024-04-29 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyg7q/', "How could you think this is the reason when VTI and VT keep going up for decades as well at basically the same rate? VTI has actually outperformed the S&P since 2001.\n\nfyi for /u/UnknownResearchChems who's right in the wrong way. S&P 500 is actually stock picking, which underperforms the market as a whole.", '1cfipv0'], ['u/CouncilmanRickPrime', 48, '2024-04-29 02:48', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyo71/', ">How ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\n\nWe don't consider it because our billionaires own most of the stocks and run the government. If anything were to happen to the stock market, either the Fed will lower interest rates to save it or we will start a conflict.", '1cfipv0'], ['u/ProgrammaticallyHip', 11, '2024-04-29 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyz35/', 'Many of the immigrants arriving today can’t even get jobs to start paying taxes because it’s impossible to secure a visa or a work permit because the system is overwhelmed by millions of people streaming in. Go to any large European or U.S. capital and you’ll see masses of people milling around with nothing to do.\n\nThe evidence on whether immigrants are a long-term negative or positive on tax revenues is mixed. They do generate tax revenue but they also require a lot of off-setting subsidized benefits.\n\nThe problem for European states is three-fold: These new arrivals are less skilled than older arrivals, they are coming in vastly greater numbers and many of the unskilled jobs they would normally take are being automated away. They can’t all do DoorDash or Uber. \n\nI’m all in favor of European social programs but the current situation is untenable. They will have to be cut.', '1cfipv0'], ['u/qroshan', 27, '2024-04-29 03:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q1tax/', "It's incredibly dumb to think it's international policy and Dollar that makes S&P grow that's just a populist opinion.\n\nHere's why American companies regularly beat the world.\n\n1. We attract the most talent in the world. The smartest people in the world are more likely working for an American company.\n\n2. We are actually very good at leveraging that talent. We pay them extremely well. Give them all the NVidia chips, allow them to freely work with other talented people. We let them take risks. We don't condemn failure. All this means is US companies always push the frontier. \n\nIt is extremely naive to think that every US innovation comes because of international policy\n\n3. Our idea dissemination and adoption is extremely quick. Look at how many Americans use chatGPT and good management practices. Compare this to any other country (good management practices and chatGPT penetration)\n\n4. GDP growth is always about increased productivity so that we can produce more from same amount of resources. What is productivity? Simply best ideas that has a chance to succeed in free market.", '1cfipv0'], ['u/arcanition', 16, '2024-04-29 03:22', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q3fpc/', 'Also the fact that inflation exists, especially in the US. That drives prices (and stock prices) higher in general.', '1cfipv0'], ['u/skwolf522', 11, '2024-04-29 03:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q5pjp/', 'Or a small country fonds oil.', '1cfipv0'], ['u/Hularuns', 10, '2024-04-29 03:53', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q7m65/', 'Agreed. XXXX it is.', '1cfipv0'], ['u/OkDimension', 14, '2024-04-29 03:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q8d4m/', 'Lets take up some loans and invest in the ever growing stock market!', '1cfipv0'], ['u/VisualMod', 10, '2024-04-29 03:59', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q8ebm/', "Taking up loans to invest in the stock market is a risky move. I'd watch from the sidelines or get in with only the amount of money I'd be able to lose.", '1cfipv0'], ['u/mechanicalcontrols', 36, '2024-04-29 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q94fe/', "You do realize Poland is actually one of the few countries that meet or exceed NATO's 2% GDP defense spending standards? If you're gonna insult people at least be accurate about it.", '1cfipv0'], ['u/Appletreedude', 27, '2024-04-29 04:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qa5uj/', "Poland's stock market has no relative comparison to the US stock market. Poland's GDP is relatively the same as Pennsylvania's GDP.", '1cfipv0'], ['u/Appropriate_Ant_4629', 54, '2024-04-29 05:02', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qgucm/', '> That’s when the wars start.\n\nWhich is how the US pumps up its stock market higher. \n\nThe USD may not be backed in gold and silver, but it sure is backed by uranium and plutonium.', '1cfipv0'], ['u/erraticventures', 22, '2024-04-29 05:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qju4x/', "There is a reason why there is a massive propaganda push advocating for the US to become isolationist, targeting many of the same people it successfully targeted to convince them that the US election was fraudulent. These people are malleable, impulsive thinkers, with a distrust for experts and an unearned confidence in their own opinions. The biggest threat to US dominance (and honestly NATO/Democracy's dominance) is still countries like China, Saudi Arabia, and Russia... because these countries are trying their best to push domestic sentiments within the US towards the US consolidating focus to purely domestic involvement, which would hemorrhage global influence, power, and ultimately many of the frankly outlandish advantages that their position in the global power spectrum has afforded them the past several decades. And the scariest part is it's working. There is an alarmingly large demographic of folks in the US who don't trust experts or education, and it's a threat to us all.", '1cfipv0'], ['u/xave321', 10, '2024-04-29 05:33', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qkmlu/', 'I don’t know much about finance so forgive a dumb question, but aren’t stocks and derivatives two different things?', '1cfipv0'], ['u/Dustangelms', 14, '2024-04-29 05:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qljtf/', "Sir, this is Wendy's.", '1cfipv0'], ['u/mpwrd', 73, '2024-04-29 06:32', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qrih9/', 'Did r/wallstreetbets just become r/bogleheads?', '1cfipv0'], ['u/THICC_DICC_PRICC', 15, '2024-04-29 06:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qrs91/', 'Vanguard marketing department got nothing on this mfer', '1cfipv0'], ['u/Cautious-Raisin-1947', 15, '2024-04-29 07:45', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qyzbp/', "Infrastructure improves long term economic growth. A wartime economy entirely focused on building weapons might temporarily boost growth but is ultimately a massive waste of finite resources. A single bomb can take out a multi billion dollar bridge that took years to build...\n\nThe Soviet Union imploded in 1991, about 2 years after the end of the decade long Soviet Afghan war. The US spent 2 decades in Afghanistan. According to Cost of War study by Brown university, post 9/11 wars cost US taxpayers $8 trillion. Only for the Taliban to take back Kabul in a single week.\n\nWe learned nothing from Vietnam and only doubled, tripled down on our mistakes, especially now with Ukraine and Israel. The US govt could have invested trillions into US tech, US businesses, US infrastructure... If we really wanted to we could create our own TSM instead we're a mostly bullshit service economy that consumes far more than it produces and living beyond our means on a credit card with a seemingly infinite line of credit... Yet now we're already struggling to keep up with just the interest...", '1cfipv0'], ['u/plagueski', 16, '2024-04-29 08:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1r4o2r/', 'lol I laughed at that. “Hey guys there’s this thing called DCA”… please, tell me more sir genius man', '1cfipv0'], ['u/Connect_Corgi8444', 26, '2024-04-29 08:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1r5dqi/', 'This is the best advice ever. listen to (or read) jl collins simple path to wealth. It literally tells you exactly what need to do to grow your money.', '1cfipv0'], ['u/lefthandedsnek', 51, '2024-04-29 11:19', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1rgiom/', 'intellectually i’ve understood what to do with my money perfectly. practically though, a different approach i’ve taken. \n\ni use the force', '1cfipv0'], ['u/CouncilmanRickPrime', 11, '2024-04-29 12:18', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1rlbwm/', 'No, in the next five minutes some regard will post a YOLO on a single stock.', '1cfipv0']]], ['u/danlbooney', '100% haircut to all crypto investments ', 18, '2024-04-29 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/', 'I saw on another site that The Depository Trust Company has assigned 100% haircut to cryptos effective April 30. Can anyone comment on what implications this might have for Bitcoin? \n', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/', '1cfjvil', [['u/Financial_Design_801', 58, '2024-04-29 01:11', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1pkpyx/', "this is in regards to acceptable collateral for using a line of credit to settle trades with the DTCC. many other securities have 100% haircut for this particular LOC facility (including any stock priced below $5), and the vast majority of trades settle DvP not with an LOC.\n\nthe ability to use crypto ETFs for lending and collateral with brokerages is unaffected by this and remains dependent on the broker's risk tolerance.\n\ntl;dr: nothing to see here but uninformed doom-posting\n\nhttps://twitter.com/zeroxkeegan/status/1784015234329616727?s=46&t=ihVglVXC0BQSbw6j57EoaA", '1cfjvil'], ['u/danlbooney', 13, '2024-04-29 01:15', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1plckb/', 'Thanks for clearing that up.', '1cfjvil'], ['u/johannesonlysilly', 20, '2024-04-29 02:29', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1pvyl6/', 'tl;dr get a free hair cut with every bitcoin. Also this is very important. /s', '1cfjvil']]], ['u/TinglingTongue', 'Safe enough?', 17, '2024-04-29 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/', "I'll start by saying I've got no experience with crypto, markets and crypto wallets.\n\nI want to buy some things with crypto and I understand Monero is the safest to use. After reading a bit about it, I understand I've got to get Bitcoin (or smtn else) first, then exchange it to Monero. Now this Bitcoin is bought with my credit card, which is linked to me, of course. \n\nIf I get Bitcoin into a crypto wallet with my credit card, then transfer that bitcoin to another wallet, which is on another laptop used just with TAILS in which the Bitcoin will be exchanged for Monero, and then from that second wallet I pay the market, is that still traceable to me or was my trace lost when I transferred the Bitcoin to the second wallet?\n\nIs this safe enough, am I going too far or not far enough?", 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/', '1cfl3b5', [['u/bojangleshorseradish', 28, '2024-04-29 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1psllr/', 'Whatcha buying there, buddy?', '1cfl3b5'], ['u/TinglingTongue', 41, '2024-04-29 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1ptb0j/', "I'm buying weights to train at home, and I don't want all the women to find out where I live and swarm my place knowing I'm getting fit as fuck LMAO", '1cfl3b5'], ['u/nick_117', 10, '2024-04-29 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1pustz/', 'You can buy monero for cash directly on localmonero.co. the coins go through escrow so if there is an issue the admins can help you. If you want to pay a mark up you can find sellers who accept zelle.', '1cfl3b5'], ['u/WhyYesIAmADog', 22, '2024-04-29 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1pviqu/', 'Tell them you are into crypto, problem fixed', '1cfl3b5'], ['u/MoneroFox', 243, '2024-04-29 10:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1rb5u7/', 'Just buy Monero and ignore other coins.\n\nIf you do not have the opportunity to buy Monero directly, then buy some other coin that is not as popular (and closely monitored) as BTC and does not have such high transaction fees. For example BCH. Then exchange it for Monero.\n\nMonero is the best, but it is not omnipotent.\n\nIf you buy 1 XMR at the exchange and then you send it directly somewhere, expect problems. Protect yourself. Have your own wallet full of coins and pay whenever you need. Once in a while, make a new wallet and empty and delete the old one. Buy coins only occasionally, randomly and always elsewhere, most of your data goes directly to Chainalysis (or similar companies).', '1cfl3b5']]], ['u/Smooth_Pianist485', 'What if the US Bans self-custody?', 47, '2024-04-29 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/', 'Or bans the use of hardware wallets?\n\nI’m a huge Bitcoin bull, but I am concerned because I DO think the us government is dumb enough to resort to something like this.\n\nIs this a real threat to American Bitcoin hodlers?', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/', '1cfmean', [['u/M4gnificent_Ret4rd', 10, '2024-04-29 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q1wed/', 'Is this something people are talking about?', '1cfmean'], ['u/irisuniverse', 102, '2024-04-29 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q2dd8/', 'They’d have to ban free speech. A wallet is nothing more than a string of words. Are they going to ban words?', '1cfmean'], ['u/Strict_Ad8279', 11, '2024-04-29 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q2xhb/', 'you’re really underestimating the reach of the current global hegemon', '1cfmean'], ['u/iratezero', 15, '2024-04-29 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q4e97/', "I haven't heard about any plans to ban self-custody, but they did do it with gold from 1933 until 1974.", '1cfmean'], ['u/Beginning-Flan-3657', 15, '2024-04-29 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q4zv0/', 'Yea they will', '1cfmean'], ['u/Corbimos', 60, '2024-04-29 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q51p3/', "You can't ban Bitcoin. It is designed and built to resist any form of censorship or ban. \n\nYou can ban yourself from Bitcoin. That is what the US would do. They'd take themselves out of the equation and miss out on the greatest financial revolution known to man. It would put other countries in the position to innovate and would ensure the US' demise in the long run.", '1cfmean'], ['u/daishi55', 12, '2024-04-29 03:38', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q5jhx/', 'So is malware', '1cfmean'], ['u/Affectionate-Bread84', 148, '2024-04-29 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q5z0x/', 'Like when they banned gold and gave everyone a piece of paper?', '1cfmean'], ['u/Individual2020', 11, '2024-04-29 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q62t7/', 'The problem with that is self-custody is an important pillar of BTC’s perceived value.', '1cfmean'], ['u/Smooth_Pianist485', 10, '2024-04-29 03:44', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q6d3f/', 'I agree about bitcoin’s superior anti-fragility and that even if some sort of “ban” did manifest it would not kill Bitcoin or last forever.', '1cfmean'], ['u/AxionDemo', 101, '2024-04-29 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q8vpp/', 'You can ban whatever the hell you imagine, enforcing it is a whole other issue.', '1cfmean'], ['u/cryptokid2140', 19, '2024-04-29 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q8y4b/', "it is not impossible, but the difference between banning self-custody of gold (i.e executive order 1601) and self-custody of bitcoin, is that when you ban bitcoin, you don't get to seize the bitcoin. and they know this.\n\nyou'll have a lot of simultaneous boating accidents as the bitcoin leaves the country in the brains of its holders", '1cfmean'], ['u/whisper_of_smoke', 32, '2024-04-29 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q9pp1/', 'then i become a criminal and at some point of my choosing leave this communist craphole behind for a jurisdiction that embraces bitcoin.', '1cfmean'], ['u/nick_117', 19, '2024-04-29 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qc922/', "They can't / won't. We already played this game once before when the government attempted to outlaw encryption algorithms under an arms export law.\n\nIn the end it was ruled that source code is a protected form of speech under the 1st amendment. Outlawing self custody won't happen because wallets are just source code that you are allowed to run on your own machine. The code breaks no laws and thus is legal to run. They would have to show the code is somehow extremely dangerous to the public (yelling fire in a movie theater is the example usually given for overriding the 1st amendment) to justify banning. \n\nThey could probably change the laws around taxing and reporting requirements when using self custody but couldn't outright ban it.", '1cfmean'], ['u/nick_117', 26, '2024-04-29 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qd6xj/', "This is the correct take but there are more protections than you stated. \n\nThe government already tried this once before when they attempted to ban certain encryption algorithms under an arms export law. In Bernstein v. United States the court rules that source code is a form of expression protected by the 1st amendment. That case didn't go all the way to the supreme Court because the government chose to drop it's claim, so for the time being it stands.\n\nThat isn't to say the current bat shit insane court couldn't find a way where source code isn't protected under the 1st amendment, but the current administration and Congress will have to do a lot of work and be going against precedent if they try.", '1cfmean'], ['u/Zajebann', 19, '2024-04-29 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qdkm8/', 'They are banning free speech.. look whats happening on campuses across usa..', '1cfmean'], ['u/Beginning-Flan-3657', 20, '2024-04-29 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qh6fe/', 'They didnt come knocking on doors for gold, they asked if you’d turn it in and many people did for the good of the country and many people didn’t', '1cfmean'], ['u/Ok-Tooth-4994', 15, '2024-04-29 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qmfe6/', 'I’ve heard this described as “The First Crypto War.” \n\nAnd the period we’re in now is The Second Crypto War. \n\nThe history of humans is the transmission and recording of ideas. Exchanging information with perfect encryption means the upper hand. 🤚 \n\nWe have a right to privacy.', '1cfmean'], ['u/Tropic_Tsunder', 20, '2024-04-29 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qnvbx/', 'calling in a bomb threat is just a string of words. Im not saying they are comparable, just that the government has much more reach than we give them credit for.', '1cfmean'], ['u/SpiritedBuilder3', 61, '2024-04-29 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qu82j/', 'Yep. They asked nicely. Would you please turn in your gold? It’s not like Roosevelt issued a presidential executive order or anything. People went to jail you fucking dimwit.', '1cfmean'], ['u/TravelFn', 19, '2024-04-29 07:04', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1quwjj/', 'They published a list of prominent gold holders who refused to turn in their gold. They blamed them for the nations economic problems and basically incited violence against them.', '1cfmean'], ['u/SpiritedBuilder3', 26, '2024-04-29 07:10', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qvi7u/', "I’m not going to enumerate the civil prosecutions. From Wikipedia:\n\nNumerous individuals and companies were prosecuted related to Roosevelt's Executive Order 6102. The prosecutions took place under the subsequent Executive Orders 6111,[10] 6260,[11] 6261[12] and the Gold Reserve Act of 1934.", '1cfmean'], ['u/Rieux_n_Tarrou', 22, '2024-04-29 07:53', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qzpl7/', 'Uh-oh... He just busted out some sauce, u/Beginning-Flan-3657\n\nAre you gonna bust out your sauce or do you concede defeat in this debate titled "The Golden Age of Asking Politely to Debase Your Economy"', '1cfmean'], ['u/Major-Front', 32, '2024-04-29 08:59', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1r5i98/', 'Like when they banned drugs and alcohol and everyone became straight edge', '1cfmean'], ['u/Pretend-Hippo-8659', 13, '2024-04-29 09:49', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1r9h3i/', 'Great argument. “Trust me bro, I’m an expert.”\n\nI hAvE StUdIeD tHiS!', '1cfmean']]], ['u/JDdoge23', 'Consider This', 21, '2024-04-29 03:24', 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/', "When Aero pumped from about $1.30 to $1.80 in a single day bitcoin was at nearly 70k, so when Bitcoin goes back up to 70k I'm sure Aero will follow, as recently when Bitcoin has gone up, so has Aero, and when it's gone down so has Aero. ", 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/', '1cfmskr', [['u/rocky0502', 12, '2024-04-29 03:48', 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/l1q6vuz/', 'I got faith in aero for the long run but the hype has definitely died down in the last couple of weeks', '1cfmskr']]], ['u/TinglingTongue', 'Safe enough?', 12, '2024-04-29 04:22', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/', "I'll start by saying I've got no experience with crypto, markets and crypto wallets.\n\nI want to buy some things with crypto and I understand Monero is the safest to use. After reading a bit about it, I understand I've got to get Bitcoin (or smtn else) first, then exchange it to Monero. Now this Bitcoin is bought with my credit card, which is linked to me, of course.\n\nIf I get Bitcoin into a crypto wallet with my credit card, then transfer that bitcoin to another wallet, which is on another laptop used just with TAILS in which the Bitcoin will be exchanged for Monero, and then from that second wallet I pay the market, is that still traceable to me or was my trace lost when I transferred the Bitcoin to the second wallet?\n\nIs this safe enough, am I going too far or not far enough?", 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/', '1cfnywu', [['u/Temporary-Crab1340', 12, '2024-04-29 06:00', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qnuic/', 'acquire some lite coin then send that to your cake wallet , from cake wallet you will exchange for Monero into your cake wallet Monero address , once you have your Monero in cake you will transfer to your prefer market and done . Just make sure the market link is confirmed', '1cfnywu'], ['u/2sec31', 11, '2024-04-29 06:50', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qtj2o/', 'Buy monero on LocalMonero. Btc is transparent like a regular bank transfer lol', '1cfnywu'], ['u/bluetoothsmurf', 14, '2024-04-29 07:19', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qwgpl/', 'Lite coin fees are dummy cheap compared to btc.', '1cfnywu']]], ['u/Tricky-Cream4267', 'Most haunted places in Marin', 10, '2024-04-29 05:50', 'https://www.reddit.com/r/Marin/comments/1cfplpa/most_haunted_places_in_marin/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['MicroStrategy(NASDAQ: MSTR)Q1 2024 Earnings CallApr 29, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nShirish Jajodia\nHello, everyone, and good afternoon. I am Shirish Jajodia, vice president of investor relations and treasury at MicroStrategy I\'ll be your moderator for MicroStrategy\'s 2024 first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we provide during today\'s call regarding our future expectations, plans, and prospects may constitute forward-looking statements.\nActual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-K file with the SEC. We assume no obligation to update these forward-looking statements which speak only as of today. Also, during today\'s call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nI would like to welcome you all to today\'s webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar and Michael, Phong, or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company\'s name when submitting your questions. Now, I\'ll walk you through the agenda for today\'s call.\nFirst, Phong Le will cover the business results and the key pillars of our strategy. Second, Andrew Kang will cover the financial results for the first quarter of 2024. Then, Michael Saylor will provide a strategic review and discuss our recent bitcoin market updates. And lastly, we will open up to Q&A.\nWith that, I will turn the call over to Phong Le, president and CEO of MicroStrategy.\nPhong Le--President and Chief Executive Officer\nThanks, Shirish. Hello, everyone. I\'d like to welcome all of you to today\'s webinar. We\'re excited to be reporting live from MicroStrategy World 2024 in Las Vegas, Nevada.\nWe have a packed agenda lined up for the next three days, and we\'re excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. The business intelligence track tomorrow will feature my keynote presentation titled, "Let the Data Life Blood Flow," and we\'ll explore how to create more innovative, competitive, high-performing organizations by using AI and BI to make smart data more accessible to the frontline employees. Our chief product officer, Saurabh Abhyankar, will share the latest MicroStrategy technologies for delivering convenient, flexible, and reliable data within operational workflows, not just in dashboards, to everyone who needs it. The keynote presentation will feature guest speakers from Microsoft, Amazon Web Services, Bayer Pharmaceuticals, the U.S.\nDepartment of State, and Vuori. Throughout MicroStrategy World, more than 30 top brands, including MassMutual, Pfizer, Fannie Mae, Victoria\'s Secret, and NBC Universal, will present how they use the MicroStrategy platform, gen AI, and the cloud to become truly data-driven businesses. The Bitcoin for Corporations track on Wednesday and Thursday will feature notable institutions and industry luminaries, highlighting the advantages of integrating bitcoin as a part of their corporate treasury and product offerings. It will be a unique gathering of corporations that are already adopting or looking to adopt bitcoin strategies.\nAnd we are very excited to host this event. Also, for the first time, we will live stream our world keynote, as well as all the Bitcoin for Corporation sessions. For those of you attending the conference here in Las Vegas, we look forward to seeing you in person. Turning to the business highlights for Q1 2024, MicroStrategy remains the largest corporate holder of bitcoin in the world, now holding 214,400 bitcoin, with a total bitcoin market value of $14 billion as of yesterday.\nSince December 31st, 2023, we acquired an additional 25,250 bitcoin for a total purchase cost of $1.6 billion, an average price of $65,232. This past quarter, the price of bitcoin appreciated significantly, spurred notably by the approval of the spot bitcoin exchange-traded products or ETPs, which has drawn considerable institutional attention. We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our bitcoin strategy with a long-term focus.\nAndrew will provide further details on our bitcoin purchase activity for this quarter. MicroStrategy is also positioned as the world\'s largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,800 employees focused on our software business, devoted to achieving our vision of intelligence everywhere.\nIn the first quarter of 2024, we continue to shift toward -- we continued our shift toward our cloud offering, resulting in subscription services revenues of $23 million, an increase of 22% year over year. A strong growth in our subscription services revenue was driven by both existing customer migrations to the cloud and new customer needs. Our customer renewal rate continues to remain high, and our subscription billing has remained strong. Overall, we continue to see further global adoption of our cloud platform as a result of transitioning our business strategy and product offerings from an on-prem perpetual license software company to a cloud native organization.\nOur key strategic goals in 2024 are to grow cloud, innovate with AI, and increase profitability. Customers can benefit from a range of innovative first-to-market AI powered functionality powered by the Azure OpenAI LLM. Capabilities include: Auto SQL, which allows users to generate SQL using natural language; Auto Dashboard, which allows natural language generation and new visualizations; Auto Answers, which allows customers to ask questions of their data sets and dashboards; Auto Expert, which allows users to ask questions of our MicroStrategy knowledge base and log support tickets on our website; and our Custom Auto Bot, which enables end users to access BI insights from within a custom bot, stand-alone, or embedded in any application. We also just launched Auto Express, which offers a simple way to trial our AI capabilities in minutes.\nIn April, MicroStrategy ONE became available on Google Cloud marketplace, in addition to prior deployments on Azure and AWS, allowing enterprises to easily find and deploy this cloud-native platform. Additionally, we expect to provide the ability to deploy MicroStrategy in a private cloud later this year. This will distinguish us from other BI platforms with the flexibility and automation that enterprise customers desire. We believe such investment and capability will encourage current on-prem customers to embrace the benefits of MicroStrategy, clouds such as containerized architecture, proactive cloud management from experts, seamless backups, and single-click updates.\nTransitioning our customer base to the technology of the future remains a key focus, and our resource deployment underscores our commitment to the cloud-first approach. As customers and prospects move to the cloud to empower their AI-driven digital transformations, we expect to see a continued decrease in product license revenues, which will in part be offset by increases in subscription services revenues. This will be most pronounced in the balance of 2024. This may result in a decrease in total recognized revenue in the short term.\nBut in the long run, we expect it to be more than offset by increases in subscription services revenue. Additional benefits include more engaged customers using our very latest software, higher retention rates, and ultimately more recurring revenues. As we discussed last quarter, MicroStrategy considers itself to be the world\'s first bitcoin development company. We are a publicly traded operating company committed to the continued development of the bitcoin network through our activities in the financial markets, advocacy, and technology innovation.\nAs an operating business, we are able to use cash flows, as well as proceeds from equity and debt financing, to accumulate bitcoin, which serves as our primary treasury reserve asset. We also bring our enterprise analytics software development capabilities to develop bitcoin applications. We believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique opportunity for value creation. Being an operating company, our software technology business remains our core revenue and cash flow generator.\nIn addition, it also enables us to acquire bitcoin through the use of excess cash or proceeds from equity capital raises or corporate debt capital raises. These capital market levers allow us to deploy intelligent leverage to increase our Bitcoin holdings in a manner which we believe has created shareholder value. Since our adoption of our Bitcoin strategy, we\'ve used three primary mechanisms to acquire more Bitcoin. Cash flows from software operations.\nSince 2020 we\'ve invested $825 million of total cash on our balance sheet. Equity issuances. We\'ve issued $3.2 billion in equity in a manner that we believe to be creative to existing shareholders. Debt financing.\nWe\'ve issued $3.6 billion in debt through the issuance of both senior secured notes and convertible notes. We\'ve used the proceeds from these issuances principally to purchase bitcoin. The blended cost of our outstanding debt is fixed at 1.3% annually. In the first quarter of 2024, we generated approximately $7.2 billion of incremental value from the effect of increases in the price of bitcoin on our existing bitcoin holdings, as well as our strategic use of equity and debt capital market activities.\nWe began the year with 189,150 bitcoin holdings with a market value of approximately $8 billion. As bitcoin prices increased from $42,500 to $71,000 by the end of the first quarter, we experienced an increase of $5.4 billion in value based on our bitcoin holdings at the start of the year. In addition to the incremental value from the price appreciation of the bitcoin we held as of the beginning of the year, we purchased an additional $1.6 billion of bitcoin in the first quarter using proceeds from the issuance of additional equity and two convertible senior note offerings, as well as excess cash from operations. As a result, we added an additional 25,128 bitcoin to our holdings, an average price of roughly $65,200, which generated an incremental approximately $145 million of value from the increase in the price of bitcoin after those purchases were made through the end of the first quarter.\nOverall, 2024 started off as a tremendously successful year, taking into account our bitcoin purchases and appreciation of our bitcoin holdings year to date. While the overall market benefited from the increase in bitcoin prices well, we believe our opportunistic use of leverage and excess cash to acquire bitcoin, as well as our capital market strategy, generated $1.8 billion of incremental shareholder value, demonstrating our track record of generating value for our shareholders. This slide shows an illustrative example of how intelligent leverage can be used to boost returns when bitcoin prices are increasing, the baseline returns of any long bitcoin strategy from spot bitcoin price appreciation. Bitcoin ETPs also benefit from this, offset by the management fees that are charged for those products.\nLeverage provides the opportunity to generate higher returns if the price increases. In this illustration, assuming bitcoin price reaches $250,000, keeping bitcoin count constant, spot bitcoin without leverage would return approximately 290%. In this example, adding leverage to acquire more bitcoin would return between approximately 395% to 425%, depending on the amount of leverage, further boosting returns compared to simply holding spot bitcoin. If the market value of our bitcoin increases, we believe this would create more opportunities to manage our leverage targets.\nWith the opportunity to take on more leverage in a prudent risk-managed fashion, the value generated from our increasing bitcoin holdings would be expected to outperform even further if bitcoin prices continue to rise. We believe our unique value proposition as the world\'s first bitcoin development company has enabled us to generate tremendous value for our shareholders. I\'ll now turn the call over to Andrew to discuss our financials for the quarter in further detail.\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nThank you, Phong. I\'ll start with first a recap of our software financial results. For the first quarter, total revenues were $115.2 million, which was down about 5% year over year. Consistent with prior recent quarters, the slight decline remains in part due to our ongoing shift of revenue from on-prem to cloud.\nQ1 on-prem product license revenues, which make up about 11% of total revenue, were about $12.9 million, which was down 26% year over year. As I mentioned in prior calls, we continue to transition our business to the cloud, and we fully anticipate lower product license revenues to continue as we migrate existing customers off on-prem licenses and bring them on to the cloud. More importantly, as Phong mentioned earlier, we continue to grow subscription services revenues, which reflects stronger, more durable recurring software revenue. In Q1 subscription services revenues, which now make up about 20% of total revenues or $23 million, which reflects an increase of 22% year over year.\nNon-GAP subscription billings, which represent new cloud bookings in the quarter, also grew by 30% in the first quarter to $17.7 million, which was our fourth straight year of quarterly double-digit growth in cloud bookings. Q4 last year was an important milestone for us in the progress toward cloud transition, where, for the first time, our subscription services revenues were higher than our product license revenues. This successful trend continued in the first quarter of 2024, which reflects the ongoing progress toward converting our revenue to recurring subscription services. The mix of revenue will continue to shift from on-premise product license to subscription services throughout 2024 as we focus on delivering meaningful AI-based products to our customers, which is only available in the cloud.\nWe are pleased with the progress we have made from the adoption from our customers to our cloud platform worldwide, and we still have more to do, and we\'ll continue to focus on new products and innovation to drive more demand in that space. Beginning with the first quarter of 2024, we modified our report of financials to break out our quarterly results into two categories. First, the software business category reflects income or loss from operations related distinctly to our enterprise BI software business. And the corporate and other category reflects the other nonsoftware related components associated with our digital asset holdings, which include impairment charges and other related third-party costs.\nWhile we continue to operate under one reportable operating segment, which is engaged in design, development, and sales of our software platform through licensing arrangements, cloud subscriptions, and related services, we believe this breakout of our operating results into these two categories provides better transparency with respect to the performance of our software business while isolating the impacts related to changes in bitcoin prices. In Q1, the software business revenues were $115 million, as mentioned a moment ago, while the cost of revenues were $30 million, up 7.4% compared to Q1 of last year. The increase in costs were in part due to higher cloud hosting, a result of higher usage by new and existing cloud subscription services customers. It was also attributed to costs associated with standing up an enhanced customer success function with an added focus on transitioning customers to our cloud platform in addition to servicing and managing our strong existing customer base.\nSoftware business operating expenses were $96.1 million, up 1.7% compared to $94.5 million in Q1 of last year. The increase was primarily due to higher G&A expenses this quarter, which was specifically related to an increase in employer-paid payroll taxes in connection with employee stock option exercises in the first quarter. However, overall operating expenses were also offset by lower costs in sales, marketing, and R&D, also consistent with recent quarters as we maintain strong discipline and expenses and we continue to optimize overall headcount. Noncash stock-based compensation expense was mostly flat year over year at $17.8 million for the quarter.\nAnd overall, non-GAAP adjusted operating income or profit from the software business category was $6.9 million. If you take into account the employer-paid payroll taxes related to stock option exercises in Q1, which were not material in prior periods, non-GAAP adjusted operating income from the core software business would have reflected $14.3 million for the first quarter, more appropriately reflecting the quarter\'s profitability for more software business. Lastly, the corporate and other operating expense category for the quarter is almost entirely attributable to bitcoin impairment charges, which are $192 million, compared to $20 million in Q1 of last year, the result of bitcoin price fluctuations throughout this past quarter. Turning to our bitcoin strategy more specifically, we had one of the most successful quarters of adding more bitcoin to our balance sheet as we acquired 25,128 bitcoins in the first quarter, our second largest single quarter increase in bitcoin holdings since Q4 2020.\nAdditionally, after the end of the first quarter, we purchased an additional 122 bitcoins using $8 million of excess cash. And as of April 26, 2024, the company held a total of 214,400 bitcoins acquired for an aggregate cost of $7.54 billion worth $35,180 per bitcoin. To break down the bitcoin acquisition activity year to date by entity, bitcoin acquired through proceeds from equity capital markets activities that occurred after the issuance of our senior secured notes are held at MacroStrategy, a wholly owned subsidiary of MicroStrategy. Year to date, we have added 2,652 bitcoins to MacroStrategy\'s holdings at an aggregate purchase price of $137 million using net proceeds from our at-the-market or ATM equity issuance programs in February.\nCurrently, we hold 175,721 unencumbered bitcoins, representing 82% of our total holdings, or $11.2 billion in current market value, which are held at MacroStrategy. These are all unrestricted and provide the option to potentially leverage this strategic asset in the future. Bitcoins acquired through proceeds from debt activities that occurred after the issuance of our senior secured notes, namely the two recent convertible note issuances in Q1, are held at MicroStrategy, the parent, and also serve as collateral securing our 2028 senior secured notes. Year to date, we have added 20,180 bitcoins to MicroStrategy\'s holdings at an aggregate purchase price of $1.4 billion using net proceeds from our two convertible node issuances in March.\nLastly, bitcoins purchased through excess cash from the software business are also held at MicroStrategy, the parent entity, and also collateralized our 2028 senior secured notes. Year to date, we have added 2,418 bitcoins to MicroStrategy\'s holdings at an aggregate purchase price of $136 million using proceeds from excess cash. As of April 26th, there are in total 38,679 bitcoins held at MicroStrategy or $2.4 billion in current market value. Our commitment to our bitcoin strategy remains unchanged and steadfast.\nAnd we plan to strategically and opportunistically buy more bitcoin as we have in every quarter since August of 2020 using excess cash from operations and proceeds from any capital markets activities. MicroStrategy remains the largest corporate holder of bitcoin in the world, and we remain committed to our bitcoin acquisition strategy with the utmost conviction, long-term focus, and with a strong risk-managed approach. As a bitcoin development company, the unique ability to access the capital markets and the positive impact from using intelligent leverage are illustrated on this slide. During the first quarter of 2024, our total bitcoin holdings increased by 13.3%.\nDuring the same period, our total basic share count, comprised of total basic class A shares outstanding and total basic class B shares outstanding, increased by only 4.6%. This is in part due to the deferred dilution impact of leveraging convertible debt and our opportunistic execution of these financings which has resulted in tremendous value creation for our shareholders. The difference between our bitcoin accretion and the shared dilution is representative of the yield we are able to generate for our shareholders as a bitcoin development company. Hypothetically, assuming all outstanding convertible notes are fully converted at their respective conversation prices, all outstanding options are fully exercised, and all restricted stock units and performance stock units fully vest, the fully diluted share count would have increased by only 4.8% during the first quarter.\nThus, the increase in our bitcoin holdings has outpaced the increase in our total share counts in Q1. Turning to Slide 15, bitcoin has significantly outperformed most other asset classes here today. As of March 31, 2024, the aggregate cost of our bitcoin purchases were $7.5 billion versus the carrying value of our bitcoin holdings of $5.1 billion. This is compared to the market value of our holdings of $15.2 billion based on the bitcoin prices of the last day of the quarter.\nCurrently, the market value of our bitcoin holdings is significantly above our average cost basis, which is equal to an average purchase price of approximately $35,200. The new accounting rule that was approved by the FASB last December requires companies holding digital assets, including bitcoin, to adopt fair value accounting treatment by Q1 of 2025. We fully plan to adopt the change by when the rule takes effect, and we are determining when the most appropriate time to do so would be. Now, turning to our capital markets activities.\nSince the inception of our bitcoin strategy, we have issued $3.6 billion of corporate debt through senior secured notes and convertible notes with a very attractive blended interest rate of approximately 1.3%, with staggered maturities over several years through March 2031. Leverage remains a key component of our active capital allocation strategy which when opportunistically deployed, enables us to add more bitcoin holdings at an attractive cost. Our two recent convertible note financings were both upsized and well-received by the market. We issued $800 million of convertible notes due March 2030 at an annual interest rate of 0.625% and a conversion premium of 42.5% to the closing price of our class A common stock on the pricing date, reflecting a conversion price of approximately $1,498 per share.\nThe following week, given the strong rally in MSTR stock price, we were able to access the market again in a follow-on offering and issued an additional $603.75 million of convertible notes due March 2031 at an annual interest rate of 0.875%, a conversion premium of 40% to the volume weighted average price of our class A common stock on the pricing date, and a conversion price of approximately $2,327 per share. The net proceeds from both convertible note issuances were used expeditiously to acquire additional bitcoin. In addition to raising debt, we continue to demonstrate a solid track record of issuing permanent equity in a manner that we believe is accretive to shareholders. Since the third quarter of 2021, we have raised a total of $3.2 billion in proceeds through our ATM offerings with an average price of approximately $464 per share across total equity raised.\nAs we have done in the past, we will continue to actively monitor the capital markets and carefully evaluate the most accretive use of the capital markets to drive incremental value for our shareholders. Debt financing helps us maintain healthy leverage relative to the market value of our bitcoin holdings, and raising equity helps us to deleverage our balance sheet when needed. The primary use of proceeds from our debt and equity capital activities to date have been to acquire additional bitcoin, which we have done in a manner we believe to be extremely accretive. Our overall capital allocation strategy continues to be focused on increasing our total bitcoin holdings while managing our debt very closely and prudently.\nLastly, as of the end of the first quarter, we grew unrestricted cash and cash equivalents on our balance sheet to $81.3 million, and we continue to maintain more than sufficient overall liquidity to manage our ongoing operating needs. The next slide illustrates our debt maturity profile. And as you can see, the nearest maturity is more than six quarters away and not until late 2025. While the 2025 convertible notes have been trading well in the market, as we have said previously, we continue to monitor the markets and evaluate liability management opportunities in order to manage our debt, as well as opportunities to raise additional financing in the future.\nThe management team has demonstrated a strong track record of disciplined approach to navigate through volatile times in the bitcoin market, and we believe we have established significant credibility to execute on our strategic goal of generating value for our shareholders. As Phong said earlier, we believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique value proposition for shareholder value creation when compared to other forms of exposure to bitcoin. Thank you for your time today and for your continued support of MicroStrategy. I\'ll now turn the call over to Michael for his remarks.\nMichael Saylor--Executive Chairman\nThank you, Andrew. And thank you for everybody for being with us here today. I\'d just like to add a few comments on our strategy and bitcoin in general, following up on the words of Phong and Andrew. I\'ll start with our performance scorecard.\nWe like to keep score every quarter and evaluate ourselves against all the relevant benchmarks. So, I think this slide is very instructive. What you can see here in a nutshell is all of the enterprise software companies that we compete against in the business intelligence business and their performance since we embarked on our bitcoin strategy in the summer of 2020. And you can see we\'re approximately 10x to 30x more in performance to any of those companies.\nYou can see all the Big Tech stocks over the last three and three quarters of years. The strongest one is Google. And, you know, we\'ve outperformed them anywhere by a factor of eight to 80, and we\'re very pleased with that. But of course, our primary strategy is a bitcoin strategy.\nAnd so, I think to understand why is MicroStrategy able to return 937% in a period when the S&P returned 52%, and I think we just have to start with the idea of what\'s the right treasury strategy or how do you capitalize the company. And you can see if you capitalize the company on bonds. Bonds have a negative 21% return over this timeframe. Bonds have a negative real yield.\nThey\'re not returning the cost of capital. The best surrogate for the cost of capital, I think, is the S&P index, the 52%. And so, if you were able to capitalize your company on the S&P index, you could maybe keep up with the cost of capital. What you can see here is that gold and silver don\'t really work.\nAs the money supply expands, the S&P index tracks it, and gold, silver, and bonds underperform. Nasdaq is pretty close statistically. Why is bitcoin better? Because micro-strategies performance is really based on bitcoin performance to start. And I think bitcoin illustrates a couple of principles.\nOne is digital is better than analog. Bitcoin is digital property and is digital. So, bitcoin is outperforming because it\'s digital and a world of digital transformation. I think the second thing it illustrates is a commodity is better than a security, and bitcoin is an asset without an issuer, which makes it a global asset.\nAnd a security will never be a global asset because security has an issuer and issuer is a company and a company has a nexus and a country and has an operation. So, bitcoin\'s performed well because it\'s digital, because it\'s a commodity. And the third thing this illustrates is that a scarcity is better than a commodity. So, the fact is bitcoin is a commodity, but it\'s hard-capped at 21 million.\nAnd gold is not hard-capped and silver is not hard-capped. So, commodities generally make very, very poor investments. The world has learned to invest in market baskets of securities, like the S&P index, but it would be the wrong lesson to say that, therefore, securities are better than commodities. Securities have their own risk factors.\nThe right lesson to take away is that something digital is better than something analog. Something scarce is better than something abundant. And something global is better than something local. Bitcoin represents all of those things.\nIn the last four years, it has emerged in the Western world as that global, digital, scarce commodity, i.e. digital property. Now, MicroStrategy, if it had just simply adopted bitcoin purely, perhaps, it would have had the same performance as bitcoin. But how do we actually outperform bitcoin? I think the key here is volatility is a benefit to us.\nAnd so we have harnessed volatility, and we\'ve also harnessed our unique ability to issue securities, such as convertible bonds. And the fact that we embrace securitization of bitcoin and we embrace the volatility of the asset class has given us the ability to raise capital, right? As you recall, we\'ve raised billions of dollars of equity capital and billions of dollars of debt capital. We wouldn\'t have been able to raise as much capital without volatility. And you could see with our convertible bonds, we managed to raise $3 billion at substantially less than 1% interest, really about 50 basis points, 0.5% interest.\nSo, MicroStrategy\'s performance is being driven by two things. First, we\'re raising $3 billion at 0.5% instead of paying a nonvolatile interest rate. Nonvolatile, you know, could be 8% to 10%. So, instead of paying 8% to 10% interest, we\'re paying 0.5%.\nSo, clearly, that\'s a big performance boost. And the second is, if we were nonvolatile and we didn\'t have an asset-rich strategy, we couldn\'t raise the 3 billion at all because a lot of times, senior debt would be capped at some EBITDA multiple of some sort. So, it would be -- we would have access to a small amount of capital at a high cost of capital. So, MicroStrategy has got a very low cost of capital and access to a lot of capital because of our particular strategy, but we\'re capitalizing on what clearly is the best capital asset, bitcoin, in the world over this period.\nAnd the combination of those two things is what catapulted us to that 937% performance. Let me go to the next slide now. I would say, this quarter, the first quarter of 2024, it\'s the end of the crypto childhood or the crypto cowboy era where you had had 15 years of lots of confusion, chaos, and jockeying of thousands and thousands of crypto assets. Well, bitcoin is the winner, and it is the one emergent institutional asset that has come out of that 15 years.\nBitcoin spot ETFs were approved in January of this quarter, and that was a very big milestone. And as we go into this next quarter, it\'s pretty clear that bitcoin is the only crypto asset that\'s going to be approved for sale in the form of a spot ETF in the United States. And so, bitcoin is very unique. It is the one crypto asset that has been embraced as an institutional asset.\nIt\'s the one crypto asset that a publicly traded company can hold on its balance sheet, can capitalize upon. It\'s the one crypto asset that Wall Street firms are going to be able to sell on a spot ETF basis. The entire modern institutional asset economy, the options market, the securities market, the money manager system, the institutional mutual funds, the institutional ETFs, they\'re all going to be centered around bitcoin as the digital property going forward. And so, while we\'re at the end of the beginning, you know, we\'re now, I would say, at the beginning of the middle.\nWe\'re at the beginning of the stage of rapid institutional adoption of digital property in the form of bitcoin. This chart shows that at the end of the first stage, bitcoin is a bit more than a $1 trillion asset. And from this stage forward, it won\'t really compete against other crypto assets. It will compete against gold, art, equities, real estate, bonds, you know, and other types of store of value money, in wealth creation, wealth preservation, you know, and the capital markets.\nAnd as you can see, if you look at this chart, you know, probably some number between 10% and 50% of all this wealth is really just pure capital. The use case is store of value. Many people buy equities, real estate, bonds, and arts, and other monetary instruments as a store of value, just like they buy gold as a store of value. Bitcoin, as digital property, is a store of value.\nBut it\'s the emergent high-performance, high-volatility, high-functionality, high-utility store value, and it\'s global. So we actually think that it\'s going to continue to grow from here. And this is kind of the second quarter of about a 40 quarter bitcoin gold rush where we are going to see bitcoin embraced by more and more banks, more and more money managers, more and more nations. You\'ll see more bitcoin ETFs in Hong Kong and Australia.\nYou\'ll see more derivative products and other types of related products built on top of it, or you\'ll see it built into more things. And so, the next decade we think is auspicious. We can go to the next slide. The halving just took place in a week ago, a couple of weeks ago and April 19, I guess, specifically.\nAnd when you consider the impact of the halving, it\'s pretty profound. First of all, it reminds us that bitcoin is a scarcity and not a digital commodity-only because bitcoin supply is asymptotically approaching $21 million. As of now, bitcoin has the highest stock flow ratio in the world, so it is the hardest investment asset in the world and the most scarce or certain. In the first quarter, about 2,600 bitcoin a day were acquired by the spot ETFs that were launched.\nAnd during that time frame, we had about 900 bitcoin per day sold by miners. But then following the halving on the 19th of April, we moved to 450 bitcoin a day available from natural sellers, the miners. This is pretty critical. And you can see, there is an imbalance between organic demand and organic supply.\nI don\'t think that the halving is priced in. I don\'t think that the market fully appreciates just how profound this is. But the chart on the right gives you a way to think of it, which is if a large investor, a sovereign wealth fund or a mega institutional investor, decided that they wanted to buy 450 bitcoin per day, and they were going to buy it at the market price of bitcoin every day for the next four years, assuming the price of bitcoin stayed constant at 60,000, they would have to invest $39.4 billion of capital. But if bitcoin\'s price moved up at a 100,000, it\'s a $65 billion commitment.\nAt a 150,000, it\'s a $98 billion commitment. And if the average price of bitcoin in that time frame is 250,000, that\'s the same as a $164 billion of capital being put into this network. So, the network was chopping along at 900 BTC a day before the halving. But after the halving, you just have a very reflexive protocol change that is going to remove 450 bitcoin a day for sale at any price for the next four years.\nAnd of course, there\'ll be another halving four years from now. They\'ll remove another 225 bitcoin a day from the supply, and there will be another halving four years after that to move another 112 bitcoin per day out of the supply. This is unique to bitcoin. You won\'t see it in any other commodity in the world.\nYou\'re not going to see it in any analog commodity because it\'s impossible. But you won\'t see it in any other digital commodity in the world because bitcoin is the winner. Bitcoin is going to be, in all likelihood, the only digital commodity that is made institutional grade by a spot ETF in the American capital markets. So, this is a profound insight, and we view this as being very bullish for the asset class.\nWe can go to the next slide. MicroStrategy\'s approach is the same as it has been. But I think we\'re getting a little bit better at it, and I think we\'re starting to understand our unique advantages as time goes on. We are a bitcoin development company in the same way that you might have a real estate development company.\nIf you are able to create or create a company and then take it public and then issue securities in that capital markets in order to buy and develop commercial real estate, you would have an advantage over private companies doing the same thing because public companies always have an advantage in financing. You would have the option to raise financing, not just from banks but also from the public capital markets. So, we are a public company and an operating company. And that gives us a flexible, you know, control or active control over our capital structure.\nAnd the second thing that we have is the ability to innovate with software development. And we\'ll be showing some innovations at our conference this week that we\'re very excited about. We\'re also unique because we can generate cash from operations. And as Phong and Andrew pointed out, we\'ve been able to invest $825,000 in cash to date in order to acquire bitcoin.\nAnd we\'re able to leverage the capital markets. And I think we take a very balanced view toward capital markets. When we think it\'s appropriate for us to issue equity or raise permanent equity capital via shelf registration, we do that. And we\'ve done that to raise $3.2 billion in equity capital.\nAnd when we think the markets are more supportive of us issuing debt or especially convertible debt, then we do that. As Andrew pointed out, this strategy was very accretive in Q1. And the effective difference between the accretion of bitcoin and the dilution of our share count was more than 8%. So, if we\'re able to generate an 8% yield in a single quarter, then we believe that\'s going to support a premium to our underlying net asset value going forward.\nAnd it\'s going to allow us to find more accretive capital markets opportunities in the future that we will avail ourselves of to the benefit of our shareholders. And so, in summary, bitcoin\'s crossed the chasm to institutional adoption. Bitcoin is unique and is being uniquely recognized as the one institutional crypto asset. And MicroStrategy has now developed a very balanced strategy of acquiring bitcoin with cash flows with equity, with debt.\nAnd we\'re providing a useful set of public securities, both equity, as well as options, as well as debt instruments, that institutional investors can use in order to tailor their portfolio as they invest, whether it\'s long or short or hedged in the macro economy and the crypto economy doing it on exchanges and in a way that\'s compliant with all of their operating charters. And that, in a nutshell, I think, explains the MicroStrategy value proposition and our opportunity going forward. And with that, I\'ll go ahead and pass the floor back to Shirish.\nShirish Jajodia\nThank you, Michael. Now, we will begin our Q&A\'s and the first question is for Phong. Can you elaborate on the company\'s new positioning as the bitcoin development company? And are there any new developments that you would like to highlight?\nPhong Le--President and Chief Executive Officer\nYeah. Thanks, Shirish. I guess we talked quite extensively during our prepared remarks about the bitcoin development company. I think, perhaps, the question is more specific about the development portion and whether we\'re doing any software development in the bitcoin area.\nFor those who are attending bitcoin for corporations on Wednesday, we\'ll have about a half day talking about the technology ecosystem associated with bitcoin. And we\'ll also share some new developments in an area of bitcoin security that we\'re working on. And I think people will be excited to see some of the things we\'re doing in that space. We continue to experiment and continue to advocate for bitcoin development.\nAnd so, there\'s more work going on in that area that we\'ll share in a couple of days.\nShirish Jajodia\nGreat. Thanks, Phong. Next question is for Michael. MicroStrategy\'s equity premium toward bitcoin holdings has expanded materially over the past few months.\nAnd despite the recent bitcoin pullback, the premium remains healthy? How do you think about the premium and what do you attribute this to?\nMichael Saylor--Executive Chairman\nI think that if we had no leverage and we generated no accretion, then we would start to look like a spot bitcoin ETF. But the fact -- if we have leverage, then the leverage will justify a premium. If the leverage was -- if we just had $1 billion of leverage and we were paying 10% interest, it would be a small premium. We would be basically levering a $1 billion at 10% interest that\'s yielding where bitcoin is appreciating at 40% or more.\nSo, there would be definitely a premium, but it would be the difference between the leverage and the yield of bitcoin or the depreciated bitcoin on a small amount of money on a $1 billion. But if we have more leverage and if the cost of the capital is lower, then that justifies a higher premium. So, when you get to $3 billion of converts and when the converts are 50 basis points, then you\'ve got more leverage and you\'ve got a lower cost to capital. So, I think that justifies a higher premium.\nWhen you\'re able to issue billions of dollars of equity at that premium, then that justifies in turn an even higher premium. And it also strengthens the capital structure, providing us with unpledged assets that we can use for future financings are used to leverage future corporate opportunities. And then, of course, when we\'re able to do convertible issuances and then convert it into bitcoin and capture, not just the premium upfront, but the benefits over the next six years of bitcoin appreciation, that justifies another premium. So, you could imagine if you could -- if you thought you could generate an 8% accretion per year, there\'s no reason why you couldn\'t justify a 100% or more premium in that asset value.\nIf you could generate, you know, an 8% accretion more often than once a year, if you could do it, you know, from quarter to quarter or every other quarter or do anything, consistently over time, then, it\'s quite possible to come to any number of different premium calculations. Ultimately, you know, the company\'s premium is a function of our ability to execute over a long period of time and also, you know, the market\'s view as to whether or not they appreciate that. And of course, that\'s a shifting sentiment, and there\'s uncertainty into the future. So, there will continue to be uncertainty about what the right premium ought to be.\nAnd I think that that\'s what makes the market.\nShirish Jajodia\nThank you, Michael. The next question is regarding Michael\'s 10b5-1 plan. Has the plan to exercise MicroStrategy stock options completed already? And can you please provide further color on the executed plan and the thought process behind the stock sales?\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nYeah, Shirish, let me take that one. So, I guess, first off, Michael\'s option exercises were planned and actually fully disclosed. I believe it was in our Q3 filing of last year. And as most know, as officers and directors of the company, we have to put in place a 10b5-1 plan, which discloses that upfront.\nThe plan was related to 400,000 options, which Michael received back in 2014 which were set to expire this April. So, you know, the sales were programmatic. Michael sold 5,000 shares on each trading day between Jan 2 and April 25 at market prices. And again, the sales were executed, you know, under the plan.\nIt was completed on the 25, as disclosed, and he does not have any additional 10b5-1 plan in place at the time. So, it\'s worth noting also, that, obviously, Michael still holds a significant ownership stake in the company. And I know there\'s been a lot of some questions and chatter around on the sales, but it\'s really as simple as they were put in place, disclosed, and programmatic to do so before his options expired.\nShirish Jajodia\nThanks, Andrew. We\'re coming to the end of the time. We\'ll take one last question here. This one is for Phong.\nCan you please elaborate on the progress of converting software clients to cloud from license and the AI-related partnerships?\nPhong Le--President and Chief Executive Officer\nYeah. So, you know, they\'re one and the same. A lot of our AI and cloud partnerships are with the large hyperscalers, especially Microsoft, AWS, and Google Cloud. We\'re being pretty aggressive working with our hyperscalers and our partners this year to get as many customers to cloud as possible.\nWe have some pretty ambitious plans. You\'ll note, and Andrew noted, that that does have a short-term impact of product license revenue because the product license revenue represents the incremental revenue of on-prem customers. And we\'re trying to -- as we move customers to cloud, you\'ll see that offset, overtime. So, moving fast using our partners.\nAI is only available in the cloud, so it\'s another impetus for customers to move to cloud. But it\'ll have some short-term disruption in our product license revenue and our total revenue. Many companies have gone through this transition. We\'re well-equipped to do the same, and I\'m excited about the prospects of what that means for us in the long-term.\nShirish Jajodia\nThank you, Phong. And thank you, everyone, for your questions. We received a lot of great questions, and we try to address in the prepared remarks and the Q&A afterwards. So, this concludes the Q&A portion of the webinar today.\nI will now turn the call over to Phong for the final closing remarks.\nPhong Le--President and Chief Executive Officer\nThanks, everyone. I really want to thank everyone for being with us today. We appreciate your support. We\'re also excited to host MicroStrategy World in Las Vegas over the next three days and looking forward to seeing customers, prospects, partners, analysts, and shareholders alike at this one-of-a-kind event.\nFor those who aren\'t able to be here in person, we\'re also live streaming our keynotes from MicroStrategy World, which starts at 9:30 a.m., Pacific time tomorrow, and the entirety of Bitcoin for Corporations. So, you\'ll be able to watch, both of those online. If you\'re not able to be here in person, you\'re invited to join. Get details at our website, www.microstrategy.com.\nWe\'re as enthusiastic as ever with both our enterprise software strategy as well as our bitcoin strategy. And we wish you a good quarter and look forward to seeing you all again in 12 weeks. Thank you all.\nDuration: 0 minutes\nShirish Jajodia\nPhong Le--President and Chief Executive Officer\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nMichael Saylor--Executive Chairman\nMore MSTR analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company\'s SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has adisclosure policy.\nMicroStrategy (MSTR) Q1 2024 Earnings Ca Last 60 Days of Bitcoin's Closing Prices:* [62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-30 Financial & Commodity Data: - Gold Closing Price: $2291.40 - Crude Oil Closing Price: $81.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,249,108,692,525 - Hash Rate: 617535316.5382024 - Transaction Count: 498085.0 - Unique Addresses: 635509.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at the day ahead in U.S. and global markets from Mike Dolan Has the "Magnificent Seven" become the "Famous Five" or even "Fab Four"? With one eye on the major macro events of the week, Apple and Tesla's separation from this year's tech-infused stock market buoyancy and their underperformance against the other "Magnificent Seven" megacaps has become more pointed. Apple's stock was down almost 2% again ahead of Tuesday's bell after news that iPhone sales in China fell 24% year-on-year in the first six weeks of 2024 - as the U.S. giant faces increased competition from domestic rivals such as Huawei. And it has been a bad week already for Apple, which dropped 3% on Monday after the European Union fined it 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via curbs on its App Store. It was the iPhone maker's first ever penalty for breaching EU rules. Apple is now down almost 10% for the year to date - underperforming the Nasdaq 100 and S&P500 by about 16%. And even though it is still up 15% over the past 12 months, that's less than a third the gain of the Nasdaq 100. Tesla's stock woes are even deeper as it faces waning demand for electric vehicles and a price war, with its stock now down almost 25% for 2024. It dropped more than 7% on Monday alone after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. With artificial intelligence and related chipmaking the buzz of the year, Google-parent Alphabet has not fared much better - and is down almost 5% for the year. With even the equal-weighted S&P500 up 4% this year, the underperformance is notable. Exposure to China's stumbling economy, the geopolitical standoff between Washington and Beijing and this year U.S. elections may be common factors. China's mainland stocks edged higher on Tuesday after Chinese Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% on Tuesday, promising steps to transform the country's development model and defuse risks fuelled by bankrupt property developers and indebted cities. But with property and tech sector worries smouldering in the background, Hong Kong's Hang Seng were less impressed - sliding 2.6% and with its tech giants tumbling 4.3%. Details of Tuesday's National People's Congress plan showed China will boost defence spending by 7.2% this year, fuelling a military budget that has more than doubled under President Xi Jinping's 11 years in office as Beijing hardens its stance on Taiwan. Back on Wall St, politics was also top of mind on "Super Tuesday". Donald Trump won the North Dakota Republican presidential caucuses on Monday, according to projections, ahead of a slew of contests where he is expected to strengthen his grip on the party's presidential nomination. Trump, who has promised universal 10% import tariffs and bilateral trade tariffs of 60% on China's goods if elected, was handed a major victory on Monday as the U.S. Supreme Court barred states from disqualifying candidates under a constitutional provision involving insurrection. That reversed Colorado's exclusion of him from its ballot. Elsewhere, bitcoin's almost 60% charge higher this year seemed to stumble at the final hurdle on Tuesday as it balked at 2021's record high near $69,000 and turned tail. Microstrategy fell almost 9% after the bitcoin development company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. More broadly, S&P 500 and Nasdaq futures were in the red again after a dour start to the week. Advanced Micro Devices was off about 3% after a report that the chipmaker hit a U.S. government roadblock in its efforts to sell an AI chip tailored for the Chinese market. With Wednesday's congressional testimony from Federal Reserve chair Jerome Powell now firmly in view, U.S. Treasury yields were calm and the dollar index was steady. Key diary items that may provide direction to U.S. markets later on Tuesday: * U.S. Feb service sector surveys from ISM and S&P Global, Jan factory goods orders * Federal Reserve Vice Chair for Supervision Michael Barr speaks * U.S. Treasury auctions 3-, 6-month bills * U.S. corp earnings: Target, Crowdstrike, Greenlight Capital, Ross Stores (By Mike Dolan, editing by Ed Osmond, [email protected])... - Reddit Posts (Sample): [['u/General_Station_2474', 'Most haunted places in Chula Vista?', 13, '2024-04-30 00:11', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=H20phUXfS-qK-3RmUq4Rpg', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '1cgc3kx', [['u/Da_Floydsta', 10, '2024-04-30 01:19', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1uzur7/', 'amphitheater at memorial park', '1cgc3kx'], ['u/Specific_Woodpecker1', 12, '2024-04-30 02:12', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1v7qdk/', 'whaley house in old town. or drive out to proctor valley road', '1cgc3kx']]], ['u/MoonWeek', 'Moon Week 48 and the return of governance flair icons', 11, '2024-04-30 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', "Hello everyone and welcome to Moon Week for round 48 of Moons! For more information about Moons, please [see our wiki page here](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki).\n\nWe are using Snapshot for voting directly with the Moon balance in your wallet, in a transparent and open manner. For now all Moons held in self-hosted wallets at the time of poll creation will be eligible to vote, so if you are holding Moons on an exchange, the telegram TipBot or in a wallet that you are not comfortable connecting to snapshot then please be sure to transfer your Moons to a self-hosted wallet that you are comfortable connecting to snapshot before each Moon Week. You can [see our schedule here](https://calendar.google.com/calendar/embed?src=i0e5as6q033nruqck5c9nfk24k%40group.calendar.google.com).\n\nTo give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. Please review the following important information first:\n\n* Successful polls are implemented whenever the responsible party has a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation. You can look at implementation status on [the CCIP list.](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n# Updates\n\n* Today we are [bringing back the governance flair icon](https://www.reddit.com/r/CryptoCurrency/comments/1cgcu3y/moons_update_the_return_of_governance_flair_icons/) for users who vote on polls. \n* 3 weeks ago, we [relaunched u/MOON2gas, our Moons gas bot](https://www.reddit.com/r/CryptoCurrencyMoons/comments/1c0x4hz/moons_update_the_return_of_the_gasbot_moon2gas/).\n\n\n# Governance Polls\n\nHere's your poll(s) for this round of Moons. You can view [the full CCIP list here](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n* [CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time](https://www.reddit.com/r/CryptoCurrency/comments/1cgc6lu/ccip086_proposal_to_abandon_marshall_islands/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87~~~~))\n\n\n# Previous Polls and results\n\n* Passed - [CCIP-083 - Clarify Rules for Sponsored Polls](https://www.reddit.com/r/CryptoCurrency/comments/1btbvij/ccip083_clarify_rules_for_sponsored_polls/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x05d69dd00591c4015ef8ddffb152038a6e5d6feed84728c58117a055129a1a1e))\n* Passed - [CCIP-084 - Clarify CCIP-069 and remove Sponsored Posts after six hours](https://www.reddit.com/r/CryptoCurrency/comments/1btc0os/ccip084_clarify_ccip069_and_remove_sponsored/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x20b940488fd6f91392d5592feb2def80ab7ccde1cf5cb1f9e79ece900f716733))\n* Passed - [CCIP-085 - Drop base pricing for both events and banners by 50%](https://www.reddit.com/r/CryptoCurrency/comments/1btdtbb/ccip085_drop_base_pricing_for_both_events_and/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0xfc443750e1351fa996461478f698a0682727849b29c17a251a5f4ef2bfaa630b))\n\nThank you for reading and happy voting!", 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', '1cgcwyi', [['u/GabeSter', 10, '2024-04-30 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/l1uuv0y/', "Let's test this. Just voted.", '1cgcwyi']]], ['u/cryptosniper88', 'Chef Curry is about to 10x[DEX ads live and huge caller in 2 hours]', 29, '2024-04-30 01:20', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', 'Chef Curry has so many big things on the way. We had a slight dip today but are already making a strong recovery. I could not be more bullish right now with Solana and bitcoin recovering it will draw more money into memecoins causing a pump. We also are currently running DEX ads and have an absolutely huge caller lined up. Don’t miss out while it’s still cheap!!', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', '1cgdr30', [['u/No_Butterfly4325', 12, '2024-04-30 01:22', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0bqz/', 'LFG what a fucking community, best coin this bull market', '1cgdr30'], ['u/ObjectiveOk8173', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0czn/', 'Yo this shit is addictive 😍', '1cgdr30'], ['u/Swoftz', 11, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0gwd/', 'Been in $chef since the beginning. Best goddam team and community by a long shot', '1cgdr30'], ['u/Excellent-Weekend841', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0h1x/', 'CHEF COOK WE EAT', '1cgdr30'], ['u/cryptosniper88', 12, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0hpv/', 'Yep seeing my money go up every single day in chef feels great!', '1cgdr30'], ['u/cryptosniper88', 11, '2024-04-30 01:24', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0iox/', 'Strongest community I’ve been in for sure', '1cgdr30']]], ['u/Rooksteady', 'CHINA WHY?', 122, '2024-04-30 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', "Pretty excited about all this btc stuff. Any takes on why China won't let mainlanders participate? Would it divert money from their stock market ? Is that why?", 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', '1cgdwhh', [['u/Glimmertwinsfan1962', 112, '2024-04-30 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1jee/', 'Loss of control. The government wants to control most aspects of their citizens lives. And that’s not limited to China.', '1cgdwhh'], ['u/Grunblau', 141, '2024-04-30 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1o8u/', 'They would rather their citizens buy gold and silver… Easier to confiscate when the time comes.', '1cgdwhh'], ['u/one_way_ticketz', 116, '2024-04-30 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v395d/', "It's an authoritarian regime.", '1cgdwhh'], ['u/Bongressman', 12, '2024-04-30 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v3vwa/', "Honk Konf retail can't either, only registered investors and institutions. Flows will be pretty small. US BTC ETFs do more volume than every Hong Kong ETF combined.\n\nThe ecosystem is pretty small.", '1cgdwhh'], ['u/R3dFiveStandingBye', 27, '2024-04-30 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v58zb/', 'China is like mostly real estate when I comes to wealth, it really props up the economy and has caused issues recently with too much buildings for too little people, im guessing it’s for control and not to divert any money from the real estate bubble they’ve created', '1cgdwhh'], ['u/Strokesite', 178, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mgn/', 'The wealthy in China are looking to offshore their wealth as much as possible. The government wants to prevent that.', '1cgdwhh'], ['u/jrafelson', 18, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mmd/', 'Cuz the whole no freedom thing', '1cgdwhh'], ['u/R3dFiveStandingBye', 15, '2024-04-30 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v6d8d/', 'If China moves away from their real estate, it would make the US recession in 2008 look like a joke. Also China banning Bitcoin was the best thing to ever happen to it, the US would never have adopted it when China controlled over 50% of the hashrate before 2021. Now the US is the hashrate king', '1cgdwhh'], ['u/Which-Variation-1965', 17, '2024-04-30 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v96x0/', 'China has banned BTC every year since it existed.', '1cgdwhh'], ['u/R3dFiveStandingBye', 10, '2024-04-30 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1vankm/', 'Seems like you haven’t done any research, get back to me when you do, but yes there are too much real estate that the vast majority can afford(they will never afford it) and entire ghost cities across China with no one living in them because there’s no one left to buy.', '1cgdwhh'], ['u/SuccotashComplete', 110, '2024-04-30 04:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1vt9uu/', 'My old roommate has family in HK and we spent a few hours talking about this. I think he was exaggerating but he said “basically every millionaire or billionaire wants to leave China, but the CCP will take most of their assets if they leave”\n\nGolden cage at its finest', '1cgdwhh'], ['u/andoesq', 56, '2024-04-30 06:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1w7qjy/', "CCP doesn't let them transfer fiat renminbi out of China in large sums. Like, they can't sell the house in Guangzhou for $1m, put that money in their bank, then wire it to their account in the US or Switzerland or wherever \n\nWhat seems to be the pattern is rich Chinese want to move out of China. So they find a lender in 1st world country, and borrow whatever million dollars to buy a house, then have to pay back the lender in China with way more RMB than they'd like. \n\nThen every time they visit China they bring as much valuables as they can, like the maximum duty free cash load or gold or whatever else .\n\nIf Bitcoin wasn't banned, every rich Chinese person would just exchange RMB for Bitcoin and sell it overseas for USD or Euros.\n\nWhich actually sounds like a pretty nice reason to have a digital currency....hmmmm", '1cgdwhh'], ['u/Cleftex', 12, '2024-04-30 07:41', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1wge4n/', 'Decentralized - digital currency is worse than cash if the government controls it', '1cgdwhh'], ['u/courtrye', 10, '2024-04-30 09:19', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1wp9rj/', 'Decentralization is in direct opposition to centralized control. A core value in Bitcoin is that it is decentralized if self custodied. This is why governments are more favorable towards the ETF, because it can be frozen and confiscated… because the user does not control the underlying asset, just the symbol, much like fiat paper is symbolic of underlying value, which used to be gold in many cases.', '1cgdwhh']]], ['u/Zunqivo', 'Armory Deck: Kayo - Decklist', 52, '2024-04-30 01:28', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/', 'Individual cards: https://fabrary.net/armory-deck-kayo\n\nMSRP: $40 USD\n\nAdditional information: https://fabtcg.com/products/booster-set/armory-deck-kayo/', 'https://fabrary.net/decks/01HWNCK2BYPVKK6701052YYXMZ', '1cgdx6o', [['u/Razorcrest999', 33, '2024-04-30 03:35', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vk99j/', 'Pretty disappointing that they didn’t throw in a beast within reprint or something to up the value, doesn’t feel worth 40 bucks', '1cgdx6o'], ['u/autumngirl86', 34, '2024-04-30 03:54', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vn696/', "Honestly, I'm kinda disappointed with this one. If I wanted to satiate my mild pique of curiosity in this class with a blitz deck level of precon design, I'd rather save the 10 bucks and just get two of the Kayo HH deck instead.\n\nHaving a full 80 and/or having a couple of quality reprints, like Reckless Swing or Beast Within, would have made this a more attractive product imo.\n\nHopefully, they don't give up on these and improve them over time. Great concept, not the greatest execution for a first run.", '1cgdx6o'], ['u/bluLoL', 23, '2024-04-30 03:56', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vnk0l/', "Literally no reason to get this over heading to TCGplayer. No bloodrush bellow? No swing big? Beast within? Like why waste your $40 ? Your gonna need it for just the minimum brute staples excluded, let alone Estrike CnC + Equips. This was a huge miss fir me I'm really disappointed in LSS on this.", '1cgdx6o'], ['u/Xhukari', 30, '2024-04-30 04:35', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vtbc9/', "Same sentiment as with everyone else; bit disappointed. Of course it wouldn't be tournament-ready, but it barely feels Armoury-ready... Though aren't these newcomer focused? So I hope there's a robust rulebook included in the box. \n\nMost the value of the box feels to be in the Chest & Arms pieces. Savage Sash can definitely be instrumental in a powerful turn!", '1cgdx6o'], ['u/OptimistTCG', 16, '2024-04-30 05:30', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1w10we/', 'I agree with the price/value sentiment from everyone else. If this was even $10 cheaper it’d be easier to recommend. Many other games give more bang for your buck, if not in reprints then in useful accessories.\n\nThat said, I hope that new players aren’t driven away by negative sentiment from enfranchised players-or, if anything, maybe longtime players can build something better for the newbies at an affordable price. I hope it’s really fun to learn and play with, because there is something good to be said about the convenience of picking up a readymade product to learn the game. I also don’t think it’s a bad idea to provide a clear upgrade path to players…but those cards in a $40 product makes me think that LSS was considering the secondary market too much for a product like this.', '1cgdx6o'], ['u/JonnyBoy89', 10, '2024-04-30 05:30', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1w12cq/', 'I think as someone who plays regularly and spent quite a bit customizing my deck, this is not appealing. But coming into the game and having a CC ready deck with no effort is great. It opens the door. It’s meant to whet your appetite. I like it. It’s approachable without too many complicated cards, and for another $150 you could have a SOLID Kayo if that’s who you want to play. New armory deck coming later this year anyway. Good job LSS for easing entry to the game', '1cgdx6o'], ['u/acguy', 12, '2024-04-30 08:49', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1wmoi8/', "I wasn't expecting anything pricey but no Bloodrush Bellow feels very, very disappointing. It's an already cheap card that would be ideal for a beginner product - a core high-power play that would allow newbies to highroll a victory here and there even while they're still learning the ropes.", '1cgdx6o'], ['u/sugitime', 19, '2024-04-30 08:53', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1wn181/', 'This deck is not armory ready… I don’t understand how LSS thought it would be? What armory are they going to? Does LSS think that everyone in armories buys a blitz precon and a box of the relevant set and calls that their deck?', '1cgdx6o']]], ['u/shika03', 'If you only had a $100 to invest, what would you put it in?', 30, '2024-04-30 01:44', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/', 'And why? Considering the current narratives are AI, RWA, gaming to an extent and memes of course, where would you choose to allocate your $100?\n\nMaybe some $SOL, or some $ICP, or would you just drop it into $BTC/$ETH and forget about it? I feel with that low of an amount it would have to be an alt for some good ROI.\n\nWhat would you do?', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/', '1cgea4j', [['u/DiscussionNecessary', 31, '2024-04-30 03:22', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vi9qi/', 'Sportsbetting', '1cgea4j'], ['u/Stockcap480', 12, '2024-04-30 04:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vouih/', 'CAW with Knife', '1cgea4j'], ['u/Portland_st', 45, '2024-04-30 04:07', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vp73y/', 'I once turned a $5 free NBA promotional bet into $800 with a 12 pick single game parlay. \nImmediately cashing out and deleting the app was one of the best financial decisions of my life.', '1cgea4j'], ['u/PrincipleNo4162', 16, '2024-04-30 05:31', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w184n/', 'The gas tank.', '1cgea4j'], ['u/swoleder', 11, '2024-04-30 05:55', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w4bxq/', "There's almost no use for the tokens", '1cgea4j'], ['u/Frequency0298', 14, '2024-04-30 06:16', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w6x2d/', "you aren't supposed to do that! The poor casino... you were meant to dump it all back", '1cgea4j'], ['u/Jenn2895', 16, '2024-04-30 06:17', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w7574/', "Chainlink. Or a biomedical stock I'm in.", '1cgea4j'], ['u/Mountain-Ad326', 56, '2024-04-30 06:44', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1waeyd/', 'A good bottle of Scotch whiskey', '1cgea4j'], ['u/Cr-ypto79', 14, '2024-04-30 10:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1wt0uy/', 'Buy Macallan 18y double cask, triple cask, sherry cask every year for 3 to 5 years and sell the collection', '1cgea4j']]], ['u/xBrodoFraggins', 'How many people are fully in Bitcoin?', 253, '2024-04-30 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/', 'The more I learn, the more it feels like if you truly believe in it, you should be just all-inning on Bitcoin. But even most pro Bitcoin articles and threads will often not push diversification. \n\nI was curious about some of your different philosophies. Obviously, different time horizons may require different asset allocation, but I was just kind of curious how many were 100% in, and if not, what kind of percentage are you into it, and why?', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/', '1cgfrwc', [['u/Cultural_Bit9176', 10, '2024-04-30 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vfevd/', 'I am 100% in Bitcoin with exception of all the other ship I own.', '1cgfrwc'], ['u/BrendanTFirefly', 35, '2024-04-30 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vg88a/', 'Nice try, IRS', '1cgfrwc'], ['u/marblemorning', 10, '2024-04-30 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vibuo/', 'This is the way to go. 1 dollar and 1 bitcoin.', '1cgfrwc'], ['u/Intrepid-Track135', 12, '2024-04-30 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vinni/', 'I allocate a percentage of my income into Bitcoin daily. I suppose I am committed.', '1cgfrwc'], ['u/coojw', 70, '2024-04-30 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vixg7/', 'It’s not politically correct to say go all in on btc publicly. Furthermore, most people don’t understand it well enough to maintain it without selling. They get emotional when it goes up or down. On top of all that, you can’t give financial advice or the sec might come after you. \n\nThis is why there’s a disconnect in what is said versus what people do. \n\nThe real answer is bitcoin is either going to zero or infinity against every other asset on earth. The only way it’s going to zero is if there’s some kind of catastrophic failure that can’t be easily fixed, or if the entirety of the Internet goes down.\n\nOutside of those scenarios, bitcoin is the world‘s first perfectly engineered money. It is lossless, trustless, decentralized, and has no insiders. Every other form of money we’ve ever had has had a leak, even gold has had a leak in value. Every year Gold adds roughly 2% more through mining to its totals, inflating its supply. Even though 2% isn’t much, gold is not finite like bitcoin is. Once bitcoin runs dry, everyone who’s been missing out will want some, and they won’t be able to get it. Especially the millionaire and billionaire class. There are more millionaires in billionaires than there are whole bitcoins to go around. So logic dictates if you get yourself a whole bitcoin before they do, you will be in the new 1% class.\n\nKeep studying bitcoin. Watch videos, listen to podcasts, interact with communities. Stay hungry for knowledge. The more you learn the more confident you will be in stacking your bitcoin and keeping it secure.', '1cgfrwc'], ['u/Seattleman1955', 119, '2024-04-30 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vjxci/', 'This isn\'t really just a Bitcoin question. It makes sense to have some diversification regardless of what asset class you are talking about.\n\nOn the other hand, given the general demographic and knowledge level of this Reddit group, you will find many who are "all in" but they may not have much wealth in the first place so it\'s easy (and maybe even logical) to be "all in".\n\nI think the best way to look at is, regardless of your age and wealth, how much makes you excessively stressed out when Bitcoin goes down? You should have a little less than that.', '1cgfrwc'], ['u/xBrodoFraggins', 14, '2024-04-30 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vk7wo/', "That's really good insight, thank you", '1cgfrwc'], ['u/ContactLonely3498', 12, '2024-04-30 03:38', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vkqyu/', 'I never tell people what I have. I made the mistake of telling my boyfriend a few days ago, and he told me I need to sell it. I learned very quickly to keep quiet about it.', '1cgfrwc'], ['u/xBrodoFraggins', 11, '2024-04-30 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vkyh2/', "Thank you very much for the insight. Pretty much in line with a lot of what I've been learning which really just makes me want more lol", '1cgfrwc'], ['u/coojw', 22, '2024-04-30 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vlbkk/', 'Here are some clips to give you a good solid foundational understanding of both bitcoin & money.\n\nClip 1: What bitcoin is, the problem it fixes, and why its the solution\xa0https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5\n\nClip 2: Why you never sell bitcoin.\xa0https://youtu.be/QXh_8uZQ-gA?si=nR5olDl1zNdv8s0s&t=373\n\nClip 3: The difference between "Currency" & "Money".. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series.\xa0https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH\n\nClip 4: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money backing (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency)\xa0https://www.youtube.com/watch?v=EJDqQn7WC1U\xa0(a\n\nClip 5: Inflation & hyper inflation - the end result of the use of Fiat currency\xa0https://www.youtube.com/watch?v=iNNUVEfoNmE\n\nThere\'s a lot of information here, and there\'s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don\'t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.', '1cgfrwc'], ['u/harambeonmynarwhal', 27, '2024-04-30 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vltgu/', 'Bitcoin is for 10+ year time horizon. Not for 1 year time horizon. Also, you gotta live somewhere. May as we’ll own your house.', '1cgfrwc'], ['u/Big_Garden8564', 170, '2024-04-30 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vn6zh/', 'My Bitcoin is all in a lake after my boating accident. 🤷🏻\u200d♂️', '1cgfrwc'], ['u/zorg621', 78, '2024-04-30 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vnom6/', 'I will go on record and say I own no Bitcoin, I never have, and I never will. \n\nMy full faith is in the dollar and the US financial system and I cannot be persuaded otherwise. \n\nLooks over shoulder nervously', '1cgfrwc'], ['u/Haunting-Student-756', 17, '2024-04-30 04:07', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vp42g/', 'Get a new boyfriend', '1cgfrwc'], ['u/Coeruleus_', 55, '2024-04-30 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vrpn8/', 'Took me 2 cycles to learn this. I’m 100% Bitcoin and this cycle is way more fun', '1cgfrwc'], ['u/platypuspuppyparty', 10, '2024-04-30 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vszhl/', "Every time prices skyrocket, I kick myself for not buying more. But when they crash, I'm glad my investments are spread out. Diversification really helps me keep a peace of mind. I'm all in on Bitcoin's potential, but thinking it's risk-free and pouring all your money into it is just reckless.", '1cgfrwc'], ['u/Redline65', 12, '2024-04-30 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vtkhq/', "I'm about 10% into bitcoin. I don't believe in putting all my eggs in one basket. I do a mix of large cap, mid cap, small cap funds as well as international funds. I try to diversify my investments.", '1cgfrwc'], ['u/GraphicCreator', 10, '2024-04-30 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vuwvp/', 'I have all my life savings in bitcoin ($56k)', '1cgfrwc'], ['u/tj78492', 26, '2024-04-30 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vy0jj/', "I will say going all in simplifies life, but it only works if you truly believe in Bitcoin.\n\nNo fomo, no timing the market, just DCA every paycheck and wait for the world to catch up to your understanding.\n\nThe beauty in it is if you have enough now you're only going to have more in the future.\n\nYou start thinking about health, relationships and purpose and less about money. The seed is planted, time will do the rest.\n\nThis is what they stole from us.", '1cgfrwc'], ['u/harambeonmynarwhal', 17, '2024-04-30 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w00if/', 'Honestly, bitcoin is a hold until retirement asset', '1cgfrwc'], ['u/seviay', 30, '2024-04-30 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w34q3/', '$4k is a rounding error', '1cgfrwc'], ['u/seviay', 13, '2024-04-30 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w382t/', 'Damn, you too? 😕', '1cgfrwc'], ['u/Marcusnovus', 14, '2024-04-30 06:01', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w55zw/', 'Oh dear child. Just hodl', '1cgfrwc'], ['u/Marcusnovus', 14, '2024-04-30 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w5l6t/', 'Imagine all the coins that are sitting on the proverbial encrypted seafloor.', '1cgfrwc'], ['u/LionRivr', 18, '2024-04-30 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w9byw/', 'Every middle-class working American should aim to build a portfolio with a 401k, a ROTH IRA, a decent savings, zero credit card debt, maybe some precious metals, bitcoin for sure, and real estate if possible.', '1cgfrwc'], ['u/Content-Station-1485', 30, '2024-04-30 06:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1wc129/', "I've been pondering the same thing lately. While I see the appeal of going all-in on Bitcoin for maximal gains, I also recognize the importance of diversification for risk management. \n \nPersonally, I've settled on a balanced approach that gives me exposure to Bitcoin's potential while spreading out my investments.", '1cgfrwc'], ['u/C-Class_hero_Satoru', 12, '2024-04-30 07:56', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1whuan/', "According to statistics 7.8 million of bitcoins are lost, that's 37%", '1cgfrwc']]], ['u/the_ats', 'Hong Kong ETFs went live 9pm Apr 29 EST (9 am Apr 30 HK) 130k EOY?', 58, '2024-04-30 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/', "Awesome 32nd Birthday. \nMorgan Stanley is opening up its funds to BTC ETFs. \nHong Kong ETFs are now live. \n\n\nI'm inclined to believe that we are on path for a 140k EOY price Target with primarily Stock to Flow combined with now around the clock demand driving up the price. When NYSE and USA is asleep, Hong Kong is waking up. \n\n\nI know my Fibonacci fans look superfluous but I have a method to my madness. I extend from the cycle lows and project to next cycle lows, as well as from the first dip after trading actually occurred projected out to the last dip that aligns logarithmically. \n\n\nQ4 2024 (Before End of Year) shows either a breakout above 130k, or an invalidation of the Green projection which will need to be redrawn. In fact, if the price drops below $56k this week, $57 the week after, or $58k beyond that, we will need to reconsider the green trend. \n\n\nDouble dipper FIbber forecast. Totally Valid. Trust me bros.\n\n[EOY Convergence at New Years of Blue and Green Trends at $130k](https://preview.redd.it/qxcsi8xlpixc1.png?width=2812&format=png&auto=webp&s=19f5015fc5072ceb75b959c2d5baabd6e2d348ad)\n\n[Green trend from first true Baseline to last cycle Low after peak. Blue trend is from first major dip after first major peak to the second to Penultimate dip.](https://preview.redd.it/bxklgtdooixc1.png?width=2753&format=png&auto=webp&s=e17235bbf067ef73cb2a3ae476db5641d60ad6d3)\n\n", 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/', '1cggch4', [['u/Spkr4th3ded', 12, '2024-04-30 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/l1vj60a/', "If it drops below it's because the wealthy are trying to shake out the newly purchased paper hands.", '1cggch4']]], ['u/SpecificSubreddit', 'Michael Saylor responding to the frequent premium question', 46, '2024-04-30 04:43', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/', "Shirish Jajodia\n\nGreat. Thanks, Phong. Next question is for Michael. MicroStrategy's equity premium toward bitcoin holdings has expanded materially over the past few months.\n\nAnd despite the recent bitcoin pullback, the premium remains healthy? How do you think about the premium and what do you attribute this to?\n\nMichael Saylor \\-- Executive Chairman\n\nI think that if we had no leverage and we generated no accretion, then we would start to look like a spot bitcoin ETF. But the fact -- if we have leverage, then the leverage will justify a premium. If the leverage was -- if we just had $1 billion of leverage and we were paying 10% interest, it would be a small premium. We would be basically levering a $1 billion at 10% interest that's yielding where bitcoin is appreciating at 40% or more.\n\nSo, there would be definitely a premium, but it would be the difference between the leverage and the yield of bitcoin or the depreciated bitcoin on a small amount of money on a $1 billion. But if we have more leverage and if the cost of the capital is lower, then that justifies a higher premium. So, when you get to $3 billion of converts and when the converts are 50 basis points, then you've got more leverage and you've got a lower cost to capital. So, I think that justifies a higher premium.\n\nWhen you're able to issue billions of dollars of equity at that premium, then that justifies in turn an even higher premium. And it also strengthens the capital structure, providing us with unpledged assets that we can use for future financings are used to leverage future corporate opportunities. And then, of course, when we're able to do convertible issuances and then convert it into bitcoin and capture, not just the premium upfront, but the benefits over the next six years of bitcoin appreciation, that justifies another premium. So, you could imagine if you could -- if you thought you could generate an 8% accretion per year, there's no reason why you couldn't justify a 100% or more premium in that asset value.\n\nIf you could generate, you know, an 8% accretion more often than once a year, if you could do it, you know, from quarter to quarter or every other quarter or do anything, consistently over time, then, it's quite possible to come to any number of different premium calculations. Ultimately, you know, the company's premium is a function of our ability to execute over a long period of time and also, you know, the market's view as to whether or not they appreciate that. And of course, that's a shifting sentiment, and there's uncertainty into the future. So, there will continue to be uncertainty about what the right premium ought to be.\n\nAnd I think that that's what makes the market.", 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/', '1cgi2ux', [['u/SpecificSubreddit', 10, '2024-04-30 04:45', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/l1vup5q/', "This is from the transcript of today's earnings call. There's also a slide from the slideset that addresses this with numbers.", '1cgi2ux'], ['u/RelevantPuns', 13, '2024-04-30 06:16', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/l1w6z66/', 'Tempted to sticky this post…', '1cgi2ux']]], ['u/DrSpeckles', 'What if.. BTC 2.0', 73, '2024-04-30 04:51', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/', 'Here’s a thought. What if someone creates a new exact copy of bitcoin, exactly the same code, same problems, everything the butters love, only difference is that they restart the chain length back at block zero. \n\nAll of a sudden all those butters lamenting that they didn’t get in early can get in on the ground floor. Miners can mine again without huge investments, power drain etc. \n\nThe butters would just say “fork off”, it’s not the real thing, blah blah, but what’s the downside?\n\nWho’s with me?', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/', '1cgi84n', [['u/KevlarGorilla', 105, '2024-04-30 05:13', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vynu1/', "I think it's a mistake to include the same problems.\n\nI think we need to include more problems at the start. This is good for bitcoin.", '1cgi84n'], ['u/bobblydudely', 55, '2024-04-30 05:17', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vzb38/', 'This already exist.\xa0\n\nThat’s called a shitcoin. Same as bitcoin, but came after. Has absolutely no intrinsic value. The first few shitcoins were the identical to bitcoin. The newer ones need to have a twist to attract attention.\xa0\n\nBitcoin on the other hand is a safe store of value and has much utility. Not a shitcoin at all. It came first, so it’s tha best.\xa0', '1cgi84n'], ['u/freedomfriis', 17, '2024-04-30 05:20', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vzok1/', "It's still shite. 💩", '1cgi84n'], ['u/bobblydudely', 17, '2024-04-30 05:22', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w003d/', 'Of course.\xa0\n\nIf your thing is identical to shit, it’s gonna be hard to prove it isn’t.\xa0\n\nBut something something blockchain, something something tokenization.\xa0', '1cgi84n'], ['u/CantankerousOctopus', 25, '2024-04-30 05:32', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w1a90/', "Ok, just spit balling here. What if the new Bitcoin allowed users to take up half the block in a single transaction so they can write memes to the chain? That's a new one, right?", '1cgi84n'], ['u/divergent-marsupial', 144, '2024-04-30 05:41', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w2ip9/', "I think a few million people have had this idea already. You know there are 9831 cryptocurrencies listed on [coinmarketcap.com](http://coinmarketcap.com) ? And that only counts the ones that have gotten some small amount of traction. Probably hundreds of thousands more have been created where the creator couldn't convince anyone else to care about it. Some of those coins are going to be exactly what you described, just an exact clone of bitcoin, but starting the blockchain 'fresh' to get the creator in on the ground floor.", '1cgi84n'], ['u/loquacious', 11, '2024-04-30 05:43', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w2qz8/', "It's already been done tens of thousands of times with a variety of different chains. You can download the source code and fire up your own clone of it or any of the forks right now and start your own from scratch.\n\nYou can also fork your own right off BTC main or any of the forks and anyone who holds the forking coins on the fork you're forking from, they own it on the new fork as well.\n\nThis is actually a tidy demonstration of why/how blockchain has no inherent value without speculation, greater fools and bagholders trading it for fiat.\n\nHolding coins and investing money (or mining) on any given crypto system is functionally just a vote of trust (often in the form of speculation) in that network, which is kind of screwy considering how much crypto tech people like to talk about trustless transactions and currency.\n\nThe cultish faith in Bitcoin (or whatever) really just trust in that network that it's going to exist, or hold value, or increase in value. And then another layer of trust to trade it or sell it for something else whether it's fiat or physical goods or property.", '1cgi84n'], ['u/Prestigious_Guest182', 44, '2024-04-30 05:49', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w3isb/', 'Remember Doge was created as a joke\nAnd see where that went', '1cgi84n'], ['u/GapingHolesSince89', 30, '2024-04-30 06:19', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w7bm6/', 'Every other crypto is Bitcoin 2.0 but it is even better because it gives the creators and adopters the possibility of getting in early, which nearly all missed on bitcoin. The reason why all the other coins exist is that crypto has nothing to do with being a digital currency. It is all about "getting rich". That is why in my opinion, Bitcoin will flatline and fail. No one cares to put aside their own aspirations for something that may improve commerce.', '1cgi84n'], ['u/zrad603', 13, '2024-04-30 06:38', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w9oi4/', 'Litecoin, Dogecoin, Bitcoin Cash', '1cgi84n'], ['u/ckach', 13, '2024-04-30 07:35', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wfsx2/', 'The other reason some of the coins exist is because of Warlock nerfs.', '1cgi84n'], ['u/ckach', 14, '2024-04-30 07:38', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wg2p7/', 'The main use case for two of the top \\~10 cryptocurrencies is just "named after a funny dog". That says a lot about how useful they are.', '1cgi84n'], ['u/SisterOfBattIe', 21, '2024-04-30 08:04', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wilgc/', 'Fun fact. Doge IS Bitcoin.\n\nA few lines of code have changed to give a constant supply of fake money and change the name.', '1cgi84n'], ['u/pacmanpacmanpacman', 11, '2024-04-30 08:39', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wltzx/', " > what I am missing\n\nYou're taking OP's post literally. You're suggesting that because it's already been done, and that all of the clones have failed to gain the same traction as bitcoin, that OP's point is somehow invalidated.\n\nOP's point wasn't that anyone can make a coin, and it will be equally as successful as bitcoin - in fact it was the opposite. The point is that something can be objectively better than Bitcoin, but it wouldn't gain the same traction as bitcoin. This is because its perceived value is driven completely by hype, rather than by fundamentals.", '1cgi84n'], ['u/tom-dixon', 32, '2024-04-30 09:56', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wsa98/', "There's Bitcoin Cash, Bitcoin Lite that I know of, but as you said they don't get traction because why would they.", '1cgi84n'], ['u/Rokos_Bicycle', 13, '2024-04-30 10:57', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wx49i/', "Dogecoin's technically a clone of Litecoin... so just a few more lines of code I guess.", '1cgi84n'], ['u/robertjuh', 29, '2024-04-30 11:59', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1x23li/', "1. \\\\Bitcoin Cash (BCH)\\\\ - Forked in August 2017, focusing on larger block sizes to facilitate more transactions.\n\n2. \\\\Bitcoin Gold (BTG)\\\\ - Created in October 2017, it aims to decentralize mining by using a different hashing algorithm that is resistant to ASICs.\n\n3. \\\\Bitcoin SV (BSV)\\\\ - Forked from Bitcoin Cash in November 2018, emphasizing an even larger block size limit and reverting to some of Satoshi's original protocol.\n\n4. \\\\Bitcoin Diamond (BCD)\\\\ - Launched in November 2017, it increases the block size and adjusts the difficulty of the mining algorithm.\n\n5. \\\\Bitcoin Private (BTCP)\\\\ - A merge of Bitcoin and Zclassic, forked in March 2018, focusing on adding privacy features.\n\n6. \\\\Bitcoin Unlimited\\\\ - Not a fork into a new currency but a software project that influenced Bitcoin Cash. It advocates for a flexible block size limit.\n\n7. \\\\Bitcoin XT\\\\ - Originally one of the first notable forks proposing larger blocks back in 2015, which later lost traction.\n\n8. \\\\Bitcoin Classic\\\\ - Aimed to increase the block size to 2 MB, eventually shifting support to Bitcoin Cash.\n\n9. \\\\Bitcoin Gold (BTG)\\\\ - Forked in 2017 to make mining decentralized again.\n\n10. \\\\Bitcoin ABC (Adjustable Blocksize Cap)\\\\ - Another influence on Bitcoin Cash focusing on adjustable block sizes.\n\n11. \\\\Super Bitcoin (SBTC)\\\\\n\n12. \\\\Bitcoin Atom (BCA)\\\\\n\n13. \\\\Bitcoin Interest (BCI)\\\\\n\n14. \\\\Bitcoin Rhodium (BTR)\\\\\n\n15. \\\\Bitcoin Private (BTCP)\\\\\n\n16. \\\\Bitcoin Zero (BZX)\\\\\n\n17. \\\\Bitcore (BTX)\\\\\n\n18. \\\\Bitcoin Clean\\\\\n\n19. \\\\Bitcoin 2 (BTC2)\\\\\n\n20. \\\\Bitcoin God (GOD)\\\\\n\n21. \\\\Bitcoin Pizza (BPA)\\\\\n\n22. \\\\Bitcoin Stake (BTCS)\\\\\n\n23. \\\\Bitcoin Faith (BTF)\\\\\n\n24. \\\\Bitcoin Pay (BTP)\\\\\n\n25. \\\\Bitcoin Top (BTT)\\\\", '1cgi84n'], ['u/Karyo_Ten', 10, '2024-04-30 13:35', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1xbn17/', 'Then Dogecoin?', '1cgi84n']]], ['u/TonyCrypto721', 'S2 Onyx Cards Found List!', 29, '2024-04-30 04:52', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/', 'If I missed any let me know. I did hear rumors of BTC #1 found, but nothing concrete. ', 'https://i.redd.it/2uujyl6v6jxc1.jpeg', '1cgi96s', [['u/K1LL3ROO', 11, '2024-04-30 05:12', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/l1vylvl/', '4 of them belong to me 😈', '1cgi96s'], ['u/TonyCrypto721', 20, '2024-04-30 05:13', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/l1vyrl8/', 'That’s all, well I’m sure if you apply yourself you can do better. 🤣', '1cgi96s']]], ['u/Shiratori-3', 'Someone ‘shit in the jacuzzi’ — Bitcoiners furious after testnet griefing', 108, '2024-04-30 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/', 'Bitcoin dev drama ', 'https://cointelegraph.com/news/bitcoiners-furious-jameson-lopp-admits-griefing-testnet-prove-point', '1cgj6mb', [['u/coinfeeds-bot', 85, '2024-04-30 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w2fyp/', "tldr; Bitcoin developers are upset after Jameson Lopp 'griefed' a Bitcoin testnet by generating three years' worth of blocks in one week, disrupting tests and applications. Lopp, who used only 20 lines of code and $1 of electricity, claimed his actions highlighted a testnet vulnerability. The incident has sparked debate about the security and purpose of testnets, with some suggesting Lopp's exclusion from future testnet activities.\n\n*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.", '1cgj6mb'], ['u/Ok_Swing_9902', 89, '2024-04-30 05:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w3ar8/', 'Ridiculous as testnets are low hashrate for testing. It’s not an exploit.', '1cgj6mb'], ['u/John_Crypto_Rambo', 23, '2024-04-30 06:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w5wtg/', 'When are Bitcoin maxis not furious? \xa0Sounds like he was using the testnet properly to find bugs.', '1cgj6mb'], ['u/Harucifer', 49, '2024-04-30 06:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w87o1/', 'Whats the point of a test net if you cant test and push the limits of it? \n\nWas flat-earther schizophrenic lukedashjr one of those moronic developers?', '1cgj6mb'], ['u/Brief_Platform_8049', 16, '2024-04-30 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1wb2ze... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.\n• The latest labor cost data added to fears of a hot economy and sticky inflation.\n• The stock decline only deepens April\'s losses, snapping a five-month streak of gains.\nUS stocks plunged on Tuesday as investors got another dose of inflationary data ahead of the Federal Reserve\'s next policy decision.\nThe benchmark S&P 500 index dropped over 1%, after quarterly labor costs came in hotter than expected. The Employee Cost Index, a measure of wages and benefits, rose 1.2% against 1% consensus, the Bureau of Labor Statistics reported.\nFor the Fed, that adds even more restraint on its ability to cut interest rates this year, and futures markets now expect onlyone rate cut in December. Investors will tune in to Fed commentary after its FOMC meeting wraps up on Wednesday.\n"The policy statement and Chair Powell\'s comments in the press conference will reiterate the Fed\'s resolve to get inflation back to their 2% target. Barring a major crisis, a rate cut looks off the table before September, and even that is less likely than it seemed a few weeks ago given recent data demonstrating a broad-based increase in prices of services, houses, and labor costs in early 2024," Bill Adams, chief economist for Comerica Bank, said in written commentary.\nThe equity decline that followed only deepened April\'s market losses, making it the first month of 2024 to end in the red. Its 3.7% decline snapped a bull run that\'s extended since November.\nMeanwhile, shares inMcDonald\'sdropped as much as 3.8%, after its earnings report missed estimates.Amazonwill publish itsquarterly resultsafter Tuesday\'s closing bell.\nAmong other notable movers,ceasefire talks between Israel and Hamassent Brent crude falling 2.6% throughout the day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,035.69, down 1.57%\n• Dow Jones Industrial Average: 37,815.92, down 1.49% (-570.17 points)\n• Nasdaq Composite: 15,657.82, down 2.04%\nHere\'s what else is going on today:\n• Investors should\'be like Buffett\' and buy Applewhile the stock is cheap, Bernstein said in a note.\n• Trump Media\'sbattle against short sellers has coincided with big market gains.\n• If sentenced, Binance founder Changpeng Zhao could be therichest US inmate ever.\n• Bitcoin\'s bull rally may have come to its end, and could drop 50%, market vet predicts.\n• A rollout of Tesla\'s self-driving tech in China could earn over $2 billion by 2030, Bank of America says.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil shed 1.09% to $81.92 a barrel.Brent crude, the international benchmark, dropped 2.6% to $86.14 a barrel.\n• Goldslumped by 1.85% to $2,295.4 per ounce.\n• The 10-year Treasury yield jumped seven basis points to 4.684%.\n• Bitcoindecreased by 5.4% to $60,358.\nRead the original article onBusiness Insider', "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", 'Roger Ver, a cryptocurrency entrepreneur and Bitcoin Cash promoter, was arrested in Spain on charges of evading nearly US$50 million in U.S. taxes and committing mail fraud,accordingto the Department of Justice.\nThe indictment alleges that Ver failed to report capital gains from his substantial Bitcoin assets after renouncing his U.S. citizenship in 2014.\nThe DOJ is now seeking Ver’s extradition to face trial in the United States.\nThe case against Ver alleges that he and his companies, MemoryDealers and Agilestar, held approximately 131,000 Bitcoins in 2014, with the companies owning 73,000 of those.\nDespite selling tens of thousands of Bitcoins for around US$240 million in November 2017, Ver allegedly failed to disclose these gains to the Internal Revenue Service (IRS).\nThe indictment accuses him of providing false information to a law firm and an appraiser to hide the true size of his Bitcoin holdings.\nVer is known for promoting Bitcoin Cash, a Bitcoin spinoff.\nHe obtained the nickname “Bitcoin Jesus” as an early promoter of Bitcoin.', 'Roger Ver, a cryptocurrency entrepreneur and Bitcoin Cash promoter, was arrested in Spain on charges of evading nearly US$50 million in U.S. taxes and committing mail fraud,accordingto the Department of Justice.\nThe indictment alleges that Ver failed to report capital gains from his substantial Bitcoin assets after renouncing his U.S. citizenship in 2014.\nThe DOJ is now seeking Ver’s extradition to face trial in the United States.\nThe case against Ver alleges that he and his companies, MemoryDealers and Agilestar, held approximately 131,000 Bitcoins in 2014, with the companies owning 73,000 of those.\nDespite selling tens of thousands of Bitcoins for around US$240 million in November 2017, Ver allegedly failed to disclose these gains to the Internal Revenue Service (IRS).\nThe indictment accuses him of providing false information to a law firm and an appraiser to hide the true size of his Bitcoin holdings.\nVer is known for promoting Bitcoin Cash, a Bitcoin spinoff.\nHe obtained the nickname “Bitcoin Jesus” as an early promoter of Bitcoin.', 'Ethereum-based Azuki topped Tuesday’s non-fungible token (NFT) sales chart with US$1.13 million.\nAzuki’s daily sales surge pushes its all-time sales volume to approximately US$1.12 billion, making it the eighth-largest collection in the market.\nAzuki was the only collection with at least US$1 million in sales on Tuesday, as the overall sales profit fell by almost US$2 million, the highest since April 12, according to CryptoSlam data.\nThe second-highest performing collection of the day was DMarket, which represents in-game items on the Mythos network, with sales reaching nearly US$887,880.\nAvalanche-based Dokyo claimed the third spot in daily sales, generating US$716,860 from 948 transactions\nOther notable collections include Bored Ape Yacht Club (BAYC) and CryptoPunks.\nBoth collections had just over US$500,000 in sales.\nNew entries and significant movements were observed in the daily rankings. Collections such as Bitcoin-based $WZRD BRC-20 NFTs, closing its most successful month ever with US$36 million in sales.\nDespite the recent launch of Runes on halving day pushing sales of Bitcoin-based projects, its monthly sales volume of US$598 million is lower than the US$622 million in March.\nEthereum NFTs, with US$241.5 million sold in April had its worst monthly performance since last October.', '(Adds comment, crypto-related stocks, graphic; refreshes prices at 0900 GMT)\nBy Amanda Cooper\nLONDON, May 1 (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.\nThe value of the world\'s most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000.\nBitcoin fell by as much as 5.6% to its lowest since late February. It was last down 4.8% at $57,001, while losses in ether were more modest, down 3.6% at $2,857, also at its weakest since February.\nThe price of bitcoin is now a full 22% below March\'s record of $73,803, technically putting it in a bear market. But it is still up 35% so far this year and double where it was this time last year, thanks in large part to the billions of dollars flowing into newly minted exchange-traded funds since January.\n"The recent downtrend can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024," Fineqia research analyst Matteo Greco said.\nCrypto-related stocks fell in U.S. premarket trading. Shares in crypto exchange Coinbase fell 4.6%, while those in miners Riot and Marathon Digital dropped 4.2-4.3%.\nOn the macro front, the Federal Open Market Committee (FOMC) is not expected to make any changes to interest rates, but the view is taking root among investors that the central bank may not cut rates at all this year, delivering a blow to interest rate-sensitive assets such as cryptocurrencies, emerging market stocks and bonds or even commodities.\nInvestors have responded accordingly. The 10 largest U.S. spot bitcoin ETFs are facing their biggest weekly outflow since their inception in January.\nOutflows are up to $496 million this week, mostly as flows into BlackRock\'s iShares Bitcoin Trust, the largest in terms of holdings, have slowed, according to LSEG data.\nEven smaller alt-coins, which can sometimes benefit from weakness in the two big tokens, have been punished. Data from crypto website Coingecko shows Solana\'s sol token has lost almost a quarter of its value over the last seven days, as have meme coins dogecoin and shiba inu - both made popular in 2021 in part by Tesla owner Elon Musk.\nBitcoin\'s so-called "halving event" last month has done little to prop up the price. Since April 20, when halving took place, bitcoin has dropped some 15%. Many investors bought into the market in the run-up to the event, which involves a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nFrom a charting perspective, Alex Kuptsikevich, a senior market analyst for the FXPro platform, said the decline in bitcoin is entering a new stage.\nNot only is May a month of seasonal weakness for bitcoin, the leg down in the price in the past few weeks brings $55,700 and $51,000-52,000 into focus, he said.\n"However, both FOMC announcements later today and monthly jobs data on Friday have enough potential to accelerate or reverse the downtrend," he said.\n(Reporting by Amanda Cooper, additional reporting by Samuel Indyk; Editing by Stefano Rebaudo, Ros Russell and Louise Heavens)', 'By Amanda Cooper\nLONDON (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.\nThe value of the world\'s most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000.\nBitcoin fell by as much as 5.6% to its lowest since late February. It was last down 4.8% at $57,001, while losses in ether were more modest, down 3.6% at $2,857, also at its weakest since February.\nThe price of bitcoin is now a full 22% below March\'s record of $73,803, technically putting it in a bear market. But it is still up 35% so far this year and double where it was this time last year, thanks in large part to the billions of dollars flowing into newly minted exchange-traded funds since January.\n"The recent downtrend can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024," Fineqia research analyst Matteo Greco said.\nCrypto-related stocks fell in U.S. premarket trading. Shares in crypto exchange Coinbase fell 4.6%, while those in miners Riot and Marathon Digital dropped 4.2-4.3%.\nOn the macro front, the Federal Open Market Committee (FOMC) is not expected to make any changes to interest rates, but the view is taking root among investors that the central bank may not cut rates at all this year, delivering a blow to interest rate-sensitive assets such as cryptocurrencies, emerging market stocks and bonds or even commodities.\nInvestors have responded accordingly. The 10 largest U.S. spot bitcoin ETFs are facing their biggest weekly outflow since their inception in January.\nOutflows are up to $496 million this week, mostly as flows into BlackRock\'s iShares Bitcoin Trust, the largest in terms of holdings, have slowed, according to LSEG data.\nEven smaller alt-coins, which can sometimes benefit from weakness in the two big tokens, have been punished. Data from crypto website Coingecko shows Solana\'s sol token has lost almost a quarter of its value over the last seven days, as have meme coins dogecoin and shiba inu - both made popular in 2021 in part by Tesla owner Elon Musk.\nBitcoin\'s so-called "halving event" last month has done little to prop up the price. Since April 20, when halving took place, bitcoin has dropped some 15%. Many investors bought into the market in the run-up to the event, which involves a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nFrom a charting perspective, Alex Kuptsikevich, a senior market analyst for the FXPro platform, said the decline in bitcoin is entering a new stage.\nNot only is May a month of seasonal weakness for bitcoin, the leg down in the price in the past few weeks brings $55,700 and $51,000-52,000 into focus, he said.\n"However, both FOMC announcements later today and monthly jobs data on Friday have enough potential to accelerate or reverse the downtrend," he said.\n(Reporting by Amanda Cooper, additional reporting by Samuel Indyk; Editing by Stefano Rebaudo, Ros Russell and Louise Heavens)', 'While many topcryptocurrencies have pushed aggressively higherthis year, there are a few cryptos to avoid. Here’s why.\nFollowing the completion ofBitcoin’s(BTC-USD) recent halving, the entire crypto sector has surged. Indeed, Bitcoin typically leads the way when it comes to price moves in this sector. That’s nothing new. So when Bitcoin’s demand is near record highs at the same time that new supply hitting the market is halved, prices typically go up.\nThe thing is, this halving event hasn’t been like others. Bitcoin has typically doubled within around a month or so of previous halvings. And while momentum has been on this token’s side in recent weeks, Bitcoin hasn’t made a new high since immediately following the event.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith any sort of broader crypto catalyst still a ways out, these three tokens could be among the top cryptos to avoid, for those who anticipate some volatility in this space.\nSource: Wit Olszewski / Shutterstock.com\nDesigned as a digital currency similar to Bitcoin,Litecoin(LITE-USD) is a top proof-of-stake blockchain many view as a crypto proxy. Thus, the thesis with this token is simple – ride Bitcoin’s momentum higher, and be wary of any sort of downside trajectory when thinking about entering a position. This is one of the top cryptos to avoid at the moment.\nLitecoin’s main investing thesis is that it’s similar to Bitcoin in many ways, but with a speed advantage. This token has seen periods of time where it outperforms Bitcoin, but it’s clear that over the longer-term, Bitcoin has been the winner. So, for investors who think that Bitcoin has more downside ahead, Litecoin could be a bet that’s not worth making.\nAs is the case in most assets, it’s usually the best decision to buy the real thing. Litecoin’s technical indicators also appear to be bearish, with this token approaching a key resistance level. If Litecoin breaks down, there could be big downside ahead. This is one I’m avoiding for the time being for this reason.\nSource: mundissima / Shutterstock\nLaunched in 2022,ApeCoin(APE-USD) is another crypto to avoid. The NFT market has declined precipitously, and given ApeCoin’s ties to the Bored Ape NFT project, it’s no wonder all the hype around this token has mostly died down.\nApeCoin has been on a relatively steady path lower since its initial coin offering roughly one year ago. NFTs just aren’t what they used to be. And speculation around future blockchain-based metaverse worlds using NFTs has died down considerably. This is a token that’s too tied to these speculative facets of crypto to be a mainstream asset worth investing in, at least in my view.\nRepeated unsuccessful efforts to boost its value have not had their desired effect. Many are predicting the bubble has already popped, and it will take time for the air to dissipate out of this balloon. If that’s the case, this is a token simply not worth buying at current levels.\nSource: Shutterstock\nPepe(PEPE-USD) has been among the best-performing meme tokens, surging more than 10,000% over a 12-month period, as of January. While this token has declined around 25% since its peak in March, it’s still a token that has plenty of momentum behind it. For that reason, it’s a hard one to trade on either side.\nI wouldn’t short any of these tokens, to be clear. There’s simply too great the potential for near-term spikes, such as the one Pepe has seen. Accordingly, this meme coin project takes third spot on this list, for this reason.\nRecent large transfers and price fluctuations emphasize Pepe’s vulnerability to online trends. Pepe has provided investors with incredible gains since its inception. But as is the case with most meme projects out there, I just don’t see the long-term viability necessary to call this an investment of any kind. For now, any investor that steps into a position is gambling. That’s just my take.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe April Bitcoin Halving Bust: 3 Cryptos to Avoid Like the Plagueappeared first onInvestorPlace.', 'While many topcryptocurrencies have pushed aggressively higherthis year, there are a few cryptos to avoid. Here’s why.\nFollowing the completion ofBitcoin’s(BTC-USD) recent halving, the entire crypto sector has surged. Indeed, Bitcoin typically leads the way when it comes to price moves in this sector. That’s nothing new. So when Bitcoin’s demand is near record highs at the same time that new supply hitting the market is halved, prices typically go up.\nThe thing is, this halving event hasn’t been like others. Bitcoin has typically doubled within around a month or so of previous halvings. And while momentum has been on this token’s side in recent weeks, Bitcoin hasn’t made a new high since immediately following the event.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith any sort of broader crypto catalyst still a ways out, these three tokens could be among the top cryptos to avoid, for those who anticipate some volatility in this space.\nSource: Wit Olszewski / Shutterstock.com\nDesigned as a digital currency similar to Bitcoin,Litecoin(LITE-USD) is a top proof-of-stake blockchain many view as a crypto proxy. Thus, the thesis with this token is simple – ride Bitcoin’s momentum higher, and be wary of any sort of downside trajectory when thinking about entering a position. This is one of the top cryptos to avoid at the moment.\nLitecoin’s main investing thesis is that it’s similar to Bitcoin in many ways, but with a speed advantage. This token has seen periods of time where it outperforms Bitcoin, but it’s clear that over the longer-term, Bitcoin has been the winner. So, for investors who think that Bitcoin has more downside ahead, Litecoin could be a bet that’s not worth making.\nAs is the case in most assets, it’s usually the best decision to buy the real thing. Litecoin’s technical indicators also appear to be bearish, with this token approaching a key resistance level. If Litecoin breaks down, there could be big downside ahead. This is one I’m avoiding for the time being for this reason.\nSource: mundissima / Shutterstock\nLaunched in 2022,ApeCoin(APE-USD) is another crypto to avoid. The NFT market has declined precipitously, and given ApeCoin’s ties to the Bored Ape NFT project, it’s no wonder all the hype around this token has mostly died down.\nApeCoin has been on a relatively steady path lower since its initial coin offering roughly one year ago. NFTs just aren’t what they used to be. And speculation around future blockchain-based metaverse worlds using NFTs has died down considerably. This is a token that’s too tied to these speculative facets of crypto to be a mainstream asset worth investing in, at least in my view.\nRepeated unsuccessful efforts to boost its value have not had their desired effect. Many are predicting the bubble has already popped, and it will take time for the air to dissipate out of this balloon. If that’s the case, this is a token simply not worth buying at current levels.\nSource: Shutterstock\nPepe(PEPE-USD) has been among the best-performing meme tokens, surging more than 10,000% over a 12-month period, as of January. While this token has declined around 25% since its peak in March, it’s still a token that has plenty of momentum behind it. For that reason, it’s a hard one to trade on either side.\nI wouldn’t short any of these tokens, to be clear. There’s simply too great the potential for near-term spikes, such as the one Pepe has seen. Accordingly, this meme coin project takes third spot on this list, for this reason.\nRecent large transfers and price fluctuations emphasize Pepe’s vulnerability to online trends. Pepe has provided investors with incredible gains since its inception. But as is the case with most meme projects out there, I just don’t see the long-term viability necessary to call this an investment of any kind. For now, any investor that steps into a position is gambling. That’s just my take.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe April Bitcoin Halving Bust: 3 Cryptos to Avoid Like the Plagueappeared first onInvestorPlace.', "A look at the day ahead in U.S. and global markets from Mike Dolan\nMay Day for Wall Street comes with the daunting prospect that the multiple interest rate cuts once expected from the Federal Reserve this year might now just be just one - if any.\nFacing another $1.1 trillion in new Treasury debt sales over the coming two quarters, Tuesday's jarring news that U.S. employment cost growth accelerated during the first three months of the year was the latest blow to bond markets already struggling with a hawkish Fed.\nWith Wednesday's Fed decision unlikely to offer much encouragement on rates, futures markets have reduced 2024 easing expectations to just 27 basis points (bps). A quarter-point cut is now not fully priced until the Dec. 18 central bank meeting - well after November's election.\nTwo-year Treasury yields topped 5% again on Tuesday to hit their highest for the year - barely 32 bps below the current Fed policy rate - and 10-year yields crept back above 4.7%. And exchange-traded funds capturing longer-term Treasury bonds are clocking losses of more than 10% for the first four months of the year.\nWith Japan's ailing yen still on the back foot despite Monday's official intervention to support it and Switzerland's sliding franc leading the way in Europe, the dollar index is stalking six-month highs. Bitcoin plummeted to its lowest in more than two months.\nNavigating this week's torrent of corporate earnings reports alongside the rates markets rumble, Wall St stocks recorded their worst day since January, with both the S&P500 and Nasdaq clocking monthly losses of more than 4%.\nAnd stock futures remain in the red first thing - with even megacap Amazon's earnings beat after the bell on Tuesday doing little to lift the broader mood even as its shares rose in out-of-hours trading.\nAnd adding to the gloom was an miss from one of the past year's artificial intelligence darlings, Super Micro Computers, sending its stock down 14% after the bell. AMD's AI chip sales forecast also underwhelmed and its shares fell 7% too.\nAll too negative? Some suggest month-end trading on Tuesday and market holidays across much of Asia and continental Europe on Wednesday may have exaggerated the moves.\nBut it's hard to escape the discomfort in the bond market.\nPossible straws in the wind for inflation-anxious Treasuries include a retreat in U.S. crude oil prices to their lowest in more than a month amid Gaza ceasefire hopes and Tuesday's weakening U.S. consumer confidence readings for April.\nFOCUS ON POWELL\nWhat's more, the employment cost hit for the first quarter may yet be trumped by this week's series of April labor market updates - starting with ADP's private sector payrolls update later today and culminating in the full national employment report on Friday. March job openings data are also due on Wednesday.\nAnd while the Fed is unlikely to sound dovish on the policy rate outlook at Chair Jerome Powell's press conference later in the day, there's considerable focus on Fed discussions about slowing the rundown of Treasuries from its balance sheet.\nOn top of that, the Treasury itself also publishes details of its quarterly refunding process with indications on auction sizes and maturity buckets.\nAnother heavy earnings diary for stocks is perhaps overshadowed by the Fed meeting and bond market angst and Apple is due to report on Thursday.\nWith many major markets closed on Wednesday, the macro markets focus overseas remains on the still-fragile yen and continues to probe 158 per dollar - some 1.5% weaker than it was early last Friday despite Monday's intervention bout at 160.\nJapan's ruling Liberal Democratic Party is examining the possibility of introducing measures to provide tax breaks for companies converting foreign profits into the yen, two senior party officials told Reuters. The tax holiday may be deployed as a policy tool to stem the yen's sharp declines, incentivising firms to return overseas profits to Japan.\nKey diary items that may provide direction to U.S. markets later on Wednesday:\n* Federal Reserve delivers latest policy decision, statement and press conference\n* US April ADP private sector payrolls, March JOLTS job openings data, ISM's April US manufacturing survey, S&P Global's final April manufacturing survey, US March construction spending\n* US corporate earnings: Pfizer, Kraft Heinz, MetLife, eBay, Qualcomm, Mastercard, Automatic Data Processing, Marriott, Dupont De Nemours, Global Payments, CVS, Marathon Oil, Mosaic, Eversource, Yum! Brands, ETSY, Estee Lauder, Albemarle, PPL, Paycom Software, Devon Energy, Generac, Aflac, Cognizant Technology, Ventas, Allstate, MGM Resorts etc\n* US Treasury details quarterly refunding schedules and auction sizes\n* Bank of Canada Governor Tiff Macklem testifies to Senate committee\n(By Mike Dolan, editing by Alex Richardson [email protected])", 'Tilray Brands(NASDAQ: TLRY)andBitcoin(CRYPTO: BTC)aren\'t in the same league. For one, Bitcoin is a leaderless cryptocurrency with many evangelists but no true stewards, and Tilray is a major global cannabis company, complete with management, operations, assets, and a roadmap for the future.\nBut for investors considering where to park their cash, both investments could be seen as falling into the same category of very risky yet potentially highly rewarding options. So let\'s drill down and examine which of these two is more likely to grow, or at least less likely to lose your money if you decide to buy it.\nTilray\'s vision is to be the world\'s largest marijuana business, while also being a major competitor in the alcohol industry of North America, and perhaps beyond.\nAlong the way, management has high hopes formarijuana legalizationin the U.S., as it has a deal that will grant it a minority stake in a domestic cannabis business when federal legalization occurs. Similarly, its positioning in the E.U. is in medicinal marijuana, with the idea that as the markets there open for recreational use, Tilray will be the first provider in line to access consumers.\nTo attain its vision, it will need to rectify its operations such that they produce more cash than they burn. In its fiscal Q3, it reported operating losses of more than $82 million despite recently concluding a cost savings campaign in in its Canadian home market footprint. While management sought to push the company to befree cash flow (FCF)positive on an adjusted basis before the end of this fiscal year, in its third-quarter earnings report it abandoned that goal.\nNow it\'s unclear exactly what the next steps will be. Legalization in the U.S. and E.U. is not a guaranteed outcome, and recent reforms, as well as proposals for other reforms, have moved at the pace of molasses in a frigid January (pretty darn slow). Continued market leadership in the E.U.\'s medicinal segment is possible, as is retention of its leading share of the Canadian recreational market.\nBut with an uncertain timeline for the catalysts affecting its top line, and with its bottom line still hurting tremendously, it\'ll remain in risky territory for the foreseeable future.\nAs the king of cryptocurrencies, Bitcoin remains volatile and risky despite its vintage and widespread adoption. Furthermore, as it\'s presently relatively close to its all-time high, bears are apt to claim that the only direction it\'s likely to go is straight down. After all, as the critics say, the technology has no real-world use cases, and its pricing is largely a matter of runaway investor psychology and desire for speculation.\nAs convincing as those arguments might sound, they neglect to engage with the single most fundamental aspect of economics: supply and demand.\nImagine, if you will, the chart that\'s in every economics textbook countless times, with the price of a good on the Y-axis, and the demand for the good supplied on the X-axis. Now imagine the line of the demand curve, which starts at the upper left, and sweeps downward toward the right, depicting that demand for goods increases as prices fall, and vice versa. Next comes the supply curve, which starts at the lower left, and extends up and to the right, showing that as prices increase, the creation of more supply is incentivized.\nThe intersection of the supply curve and the demand curve is the equilibrium point. But what happens when supply becomes much harder to produce? The quantity supplied must drop, which leads to higher prices at the same level of demand.\nDue to the self-imposed confines of the protocol itself, there are a finite number of bitcoins that can ever exist -- 21 million, to be precise. 19 million of those coins have been mined already, meaning that they are in circulation, at least nominally. In April, the "halving" occurred, and miners will now reap only half as much of the cryptocurrency with each new block that they mine. And what do you think will happen at that point, within the framework of the supply and demand chart?\nIf you said that the price per coin will go up, that\'s indeed the textbook answer, and many people are heavily invested in that answer being proven true. Of course, the real world is far more complicated than the simplest of theoretical economic frameworks, and nothing is guaranteed.\nThe market could already be pricing in the future impact, as its rough timetable for occurring has been known for a long time due to the fact that the mining difficulty increase occurs mechanically after a certain number of blocks have been mined. Nonetheless, there\'s a clear potential catalyst event in progress, and it could lead to significant growth.\nPresently Bitcoin looks to be the better risky investment than Tilray Brands.\nWhereas Tilray\'s marijuana legalization plans in the U.S. would indeed be a major catalyst for the company, many cannabis stock investors have been burned by predicting that legalization is right around the corner. The political situation remains contentious, and Tilray\'s ongoing operational inefficiency does not inspire much confidence that it can deliver solid returns.\nBitcoin may or may not significantly gain in value in the coming months. The point is that its catalyst is playing out now rather than languishing while subject to legislation or regulations, and that\'s what makes it worth buying instead.\nBefore you buy stock in Tilray Brands, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Tilray Brands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,692!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Tilray Brands. The Motley Fool has adisclosure policy.\nTilray Brands Stock vs. Bitcoin: Which Investment Is Worth the Risk?was originally published by The Motley Fool', 'Tilray Brands(NASDAQ: TLRY)andBitcoin(CRYPTO: BTC)aren\'t in the same league. For one, Bitcoin is a leaderless cryptocurrency with many evangelists but no true stewards, and Tilray is a major global cannabis company, complete with management, operations, assets, and a roadmap for the future.\nBut for investors considering where to park their cash, both investments could be seen as falling into the same category of very risky yet potentially highly rewarding options. So let\'s drill down and examine which of these two is more likely to grow, or at least less likely to lose your money if you decide to buy it.\nTilray\'s vision is to be the world\'s largest marijuana business, while also being a major competitor in the alcohol industry of North America, and perhaps beyond.\nAlong the way, management has high hopes formarijuana legalizationin the U.S., as it has a deal that will grant it a minority stake in a domestic cannabis business when federal legalization occurs. Similarly, its positioning in the E.U. is in medicinal marijuana, with the idea that as the markets there open for recreational use, Tilray will be the first provider in line to access consumers.\nTo attain its vision, it will need to rectify its operations such that they produce more cash than they burn. In its fiscal Q3, it reported operating losses of more than $82 million despite recently concluding a cost savings campaign in in its Canadian home market footprint. While management sought to push the company to befree cash flow (FCF)positive on an adjusted basis before the end of this fiscal year, in its third-quarter earnings report it abandoned that goal.\nNow it\'s unclear exactly what the next steps will be. Legalization in the U.S. and E.U. is not a guaranteed outcome, and recent reforms, as well as proposals for other reforms, have moved at the pace of molasses in a frigid January (pretty darn slow). Continued market leadership in the E.U.\'s medicinal segment is possible, as is retention of its leading share of the Canadian recreational market.\nBut with an uncertain timeline for the catalysts affecting its top line, and with its bottom line still hurting tremendously, it\'ll remain in risky territory for the foreseeable future.\nAs the king of cryptocurrencies, Bitcoin remains volatile and risky despite its vintage and widespread adoption. Furthermore, as it\'s presently relatively close to its all-time high, bears are apt to claim that the only direction it\'s likely to go is straight down. After all, as the critics say, the technology has no real-world use cases, and its pricing is largely a matter of runaway investor psychology and desire for speculation.\nAs convincing as those arguments might sound, they neglect to engage with the single most fundamental aspect of economics: supply and demand.\nImagine, if you will, the chart that\'s in every economics textbook countless times, with the price of a good on the Y-axis, and the demand for the good supplied on the X-axis. Now imagine the line of the demand curve, which starts at the upper left, and sweeps downward toward the right, depicting that demand for goods increases as prices fall, and vice versa. Next comes the supply curve, which starts at the lower left, and extends up and to the right, showing that as prices increase, the creation of more supply is incentivized.\nThe intersection of the supply curve and the demand curve is the equilibrium point. But what happens when supply becomes much harder to produce? The quantity supplied must drop, which leads to higher prices at the same level of demand.\nDue to the self-imposed confines of the protocol itself, there are a finite number of bitcoins that can ever exist -- 21 million, to be precise. 19 million of those coins have been mined already, meaning that they are in circulation, at least nominally. In April, the "halving" occurred, and miners will now reap only half as much of the cryptocurrency with each new block that they mine. And what do you think will happen at that point, within the framework of the supply and demand chart?\nIf you said that the price per coin will go up, that\'s indeed the textbook answer, and many people are heavily invested in that answer being proven true. Of course, the real world is far more complicated than the simplest of theoretical economic frameworks, and nothing is guaranteed.\nThe market could already be pricing in the future impact, as its rough timetable for occurring has been known for a long time due to the fact that the mining difficulty increase occurs mechanically after a certain number of blocks have been mined. Nonetheless, there\'s a clear potential catalyst event in progress, and it could lead to significant growth.\nPresently Bitcoin looks to be the better risky investment than Tilray Brands.\nWhereas Tilray\'s marijuana legalization plans in the U.S. would indeed be a major catalyst for the company, many cannabis stock investors have been burned by predicting that legalization is right around the corner. The political situation remains contentious, and Tilray\'s ongoing operational inefficiency does not inspire much confidence that it can deliver solid returns.\nBitcoin may or may not significantly gain in value in the coming months. The point is that its catalyst is playing out now rather than languishing while subject to legislation or regulations, and that\'s what makes it worth buying instead.\nBefore you buy stock in Tilray Brands, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Tilray Brands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,692!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Tilray Brands. The Motley Fool has adisclosure policy.\nTilray Brands Stock vs. Bitcoin: Which Investment Is Worth the Risk?was originally published by The Motley Fool', 'The conventional wisdom is that the halving will send the price ofBitcoin(CRYPTO: BTC)soaring. But that doesn\'t mean that everything crypto-related is going to soar as well. In fact, quite the opposite.\nI\'m particularly concerned about some of the formerly high-flying Bitcoin mining stocks, such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA). And theBitcoin halvingcould be more bad news forEthereum(CRYPTO: ETH), which already appeared to be falling out of favor wi Last 60 Days of Bitcoin's Closing Prices: [62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-01 Financial & Commodity Data: - Gold Closing Price: $2299.90 - Crude Oil Closing Price: $79.00 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,181,371,080,253 - Hash Rate: 578118168.6740619 - Transaction Count: 478881.0 - Unique Addresses: 587665.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim impact statement penned by Ray on behalf of FTX and its subsidiaries, Ray told New York District Court Judge Lewis Kaplan that Bankman-Fried’s “delusional” claims that his exchange was solvent are a “mischaracterization” of the estate’s January statement that they expect topay customers back in full. Bankman-Fried and his legal team have leaned heavily on the estate’s recovery, arguing in his February sentencing submission that the “harm to customers, lenders, and investors is zero” and, as such, Judge Kaplan should consider a maximum sentence of 6.5 years in prison – far less than the 40-50 year sentence recommended by prosecutors or the 100 year sentence suggested by the probation department. But just because the FTX estate was able to scrape together enough money to pay back the exchange’s customers – massively aided by the run-up in bitcoin’s price as well as the “tens of thousands of hours…spent digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token, or other asset” – does not mean that Bankman-Fried’s behavior was not criminal, Ray argued. Ray told the court that, when he took over, the exchange’s coffers were nearly empty – a mere 105 bitcoins remained on the platform, compared with the nearly 100,000 bitcoins customers were entitled to. Some of the lost assets were recovered, Ray said, while others, including bribes to Chinese officials and the “hundreds of millions of dollars” Bankman-Fried spent on various investments or buying access to celebrities and politicians are gone for good. “The harm was vast. The remorse is nonexistent,” Ray wrote in the Wednesday court filing. “Effective altruism, at least as lived by Sam Bankman-Fried, was a lie.” Ray told the court that, despite the current plan to get their money back, many of FTX’s customers remain “extremely unhappy” with the valuation of their funds. Because customers will be refunded based on the value of their portfolios at the time of the bankruptcy – not today’s much higher value – they will “never be returned to the same economic position they would have been in today absent [Bankman-Fried’s] colossal fraud,” Ray argued. In their own victim impact statements filed earlier this week, dozens of FTX customers detailed theemotional and financial tollthe exchange’s collapse had on their personal lives. “There should be no delusion that because assets have increased in value or that the professionals have been able to recover funds and assets taken or stolen from the estate, that there was no need [to file for bankruptcy],” Ray wrote. “Make no mistake; customers, non-governmental creditors, governmental creditors, and non-insider stockholders have suffered and continue to suffer.” Bankman-Fried is scheduled to be sentenced on March 28.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investors added a net $31.2 billion to U.S.-listed exchange-traded funds last month, a decline from the extraordinarily hot March inflows, while at the same time keeping flows on pace to beat last year\'s total.\nThe new money brought year-to-date inflows to $227.6 billion, higher than the $146.8 billion brought in by this same time a year ago.\nApril inflows were evenly distributed among fund categories, with solid inflows for U.S. and international equity ETFs, as well as U.S. and international fixed income ETFs.\nIn terms of individual ETFs, the usual suspects, like theVanguard 500 Index Fund (VOO)and theiShares Core U.S. Aggregate Bond ETF (AGG)topped the flows charts, with inflows of $7.7 billion and $3.2 billion, respectively.\nTheiShares Bitcoin Trust (IBIT)pulled in $1.6 billion of fresh assets, despite the price of bitcoin sliding. IBIT’s streak of 71 straight days of inflows ended in April, but it’s still on the cusp of becoming the largest spot bitcoin ETF soon.\nAnother notable flows winner during May was thePacer U.S. Cash Cows 100 ETF (COWZ), which had inflows of $1.3 billion. The value exchange-traded fund has been one of the biggest ETF success stories of all time. It has $22 billion in AUM currently.\nOn the other side of the ledger, theSPDR S&P 500 ETF Trust (SPY)led all ETFs with outflows of $15.5 billion.\nTheiShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)and theiShares Russell 2000 ETF (IWM)followed behind with outflows of $3.3 billion and $2.9 billion, respectively.\nInflows in all funds dipped from what was an out-of-the-ordinary total of $101.2 million in flows in March—a month of record-high stocks fueled by artificial intelligence companies, as well as investors pouring billions into crytpo ETFs. Stocks sold off during April, with the S&P 500 falling more than 5% from its recent highs.\nSPY and IWM are among the most popular ETFs for short-term traders, so it’s no surprise to see them shed assets in a down month for the markets.\nMeanwhile, in contrast to the aforementioned IBIT, the Grayscale Bitcoin Trust (GBTC) had large outflows of $2.5 billion in May.\nAnother month of similar sized outflows for the Grayscale ETF will almost certainly put IBIT ahead of GBTC in terms of AUM.\nFor a full list of the top inflows and outflows for April, see the tables below:\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "7,690.72", "AUM ($, mm)": "430,823.28", "% of AUM": "1.79", "YTD 2024 Net Flows($,M)": "31,616.56%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "3,210.63", "AUM ($, mm)": "105,270.59", "% of AUM": "3.05", "YTD 2024 Net Flows($,M)": "8,059.17%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,648.92", "AUM ($, mm)": "118,094.84", "% of AUM": "2.24", "YTD 2024 Net Flows($,M)": "5,402.41%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,623.42", "AUM ($, mm)": "379,859.83", "% of AUM": "0.69", "YTD 2024 Net Flows($,M)": "10,615.59%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Issuer": "Invesco", "Net Flows ($, mm)": "2,228.14", "AUM ($, mm)": "54,453.44", "% of AUM": "4.09", "YTD 2024 Net Flows($,M)": "3,379.20%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,615.67", "AUM ($, mm)": "17,534.63", "% of AUM": "9.21", "YTD 2024 Net Flows($,M)": "15,478.42%"}, {"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "1,521.95", "AUM ($, mm)": "64,967.58", "% of AUM": "2.34", "YTD 2024 Net Flows($,M)": "3,255.08%"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Issuer": "Pacer Advisors", "Net Flows ($, mm)": "1,304.31", "AUM ($, mm)": "22,854.90", "% of AUM": "5.71", "YTD 2024 Net Flows($,M)": "3,233.56%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Issuer": "Direxion", "Net Flows ($, mm)": "1,282.34", "AUM ($, mm)": "10,782.19", "% of AUM": "11.89", "YTD 2024 Net Flows($,M)": "225.55%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,278.54", "AUM ($, mm)": "113,401.15", "% of AUM": "1.13", "YTD 2024 Net Flows($,M)": "3,864.29%"}]\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "31,616.56", "AUM ($, mm)": "430,823.28", "% of AUM": "7.34", "May 2024 Net Flows($,M)": "7,690.72%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "15,478.42", "AUM ($, mm)": "17,534.63", "% of AUM": "88.27", "May 2024 Net Flows($,M)": "1,615.67%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "12,275.13", "AUM ($, mm)": "440,895.24", "% of AUM": "2.78", "May 2024 Net Flows($,M)": "-771.78%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "10,615.59", "AUM ($, mm)": "379,859.83", "% of AUM": "2.79", "May 2024 Net Flows($,M)": "2,623.42%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Issuer": "Invesco", "Net Flows ($, mm)": "8,654.89", "AUM ($, mm)": "251,260.24", "% of AUM": "3.44", "May 2024 Net Flows($,M)": "-465.20%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Issuer": "Fidelity", "Net Flows ($, mm)": "8,160.90", "AUM ($, mm)": "9,809.16", "% of AUM": "83.20", "May 2024 Net Flows($,M)": "666.28%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "8,059.17", "AUM ($, mm)": "105,270.59", "% of AUM": "7.66", "May 2024 Net Flows($,M)": "3,210.63%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "7,240.89", "AUM ($, mm)": "7,435.56", "% of AUM": "97.38", "May 2024 Net Flows($,M)": "461.77%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "6,132.75", "AUM ($, mm)": "33,817.32", "% of AUM": "18.13", "May 2024 Net Flows($,M)": "1,268.98%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "5,402.41", "AUM ($, mm)": "118,094.84", "% of AUM": "4.57", "May 2024 Net Flows($,M)": "2,648.92%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-15,547.09", "AUM ($, mm)": "505,487.46", "% of AUM": "-3.08", "YTD 2024 Net Flows($,M)": "-24,747.59%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,339.00", "AUM ($, mm)": "28,154.95", "% of AUM": "-11.86", "YTD 2024 Net Flows($,M)": "-2,044.46%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,887.10", "AUM ($, mm)": "58,807.63", "% of AUM": "-4.91", "YTD 2024 Net Flows($,M)": "-7,518.79%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-2,521.97", "AUM ($, mm)": "18,969.79", "% of AUM": "-13.29", "YTD 2024 Net Flows($,M)": "-17,089.55%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,367.17", "AUM ($, mm)": "14,298.29", "% of AUM": "-16.56", "YTD 2024 Net Flows($,M)": "-4,498.88%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-1,483.79", "AUM ($, mm)": "33,755.73", "% of AUM": "-4.40", "YTD 2024 Net Flows($,M)": "-1,253.43%"}, {"Ticker": "XLV", "Name": "Health Care Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,281.19", "AUM ($, mm)": "37,880.36", "% of AUM": "-3.38", "YTD 2024 Net Flows($,M)": "-820.43%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,232.32", "AUM ($, mm)": "14,240.41", "% of AUM": "-8.65", "YTD 2024 Net Flows($,M)": "-1,712.20%"}, {"Ticker": "ACWI", "Name": "iShares MSCI ACWI ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-1,149.55", "AUM ($, mm)": "17,935.67", "% of AUM": "-6.41", "YTD 2024 Net Flows($,M)": "-2,108.08%"}, {"Ticker": "SPTS", "Name": "SPDR Portfolio Short Term Treasury ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,022.66", "AUM ($, mm)": "4,259.11", "% of AUM": "-24.01", "YTD 2024 Net Flows($,M)": "-1,262.37%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-24,747.59", "AUM ($, mm)": "505,487.46", "% of AUM": "-4.90", "May 2024 Net Flows($,M)": "-15,547.09%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-17,089.55", "AUM ($, mm)": "18,969.79", "% of AUM": "-90.09", "May 2024 Net Flows($,M)": "-2,521.97%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-7,518.79", "AUM ($, mm)": "58,807.63", "% of AUM": "-12.79", "May 2024 Net Flows($,M)": "-2,887.10%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-4,498.88", "AUM ($, mm)": "14,298.29", "% of AUM": "-31.46", "May 2024 Net Flows($,M)": "-2,367.17%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,931.20", "AUM ($, mm)": "23,716.71", "% of AUM": "-16.58", "May 2024 Net Flows($,M)": "-108.36%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,544.65", "AUM ($, mm)": "54,219.32", "% of AUM": "-6.54", "May 2024 Net Flows($,M)": "-170.73%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,410.54", "AUM ($, mm)": "6,967.67", "% of AUM": "-48.95", "May 2024 Net Flows($,M)": "197.08%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-2,918.03", "AUM ($, mm)": "62,673.99", "% of AUM": "-4.66", "May 2024 Net Flows($,M)": "183.63%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-2,795.20", "AUM ($, mm)": "11,896.89", "% of AUM": "-23.50", "May 2024 Net Flows($,M)": "-549.02%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-2,640.25", "AUM ($, mm)": "19,303.47", "% of AUM": "-13.68", "May 2024 Net Flows($,M)": "-745.99%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "95.97", "AUM ($, mm)": "7,583.92", "% of AUM": "1.27%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "126.60", "AUM ($, mm)": "17,527.00", "% of AUM": "0.72%"}, {"": "Commodities", "Net Flows ($, mm)": "790.47", "AUM ($, mm)": "142,317.96", "% of AUM": "0.56%"}, {"": "Currency", "Net Flows ($, mm)": "-88.00", "AUM ($, mm)": "57,488.43", "% of AUM": "-0.15%"}, {"": "International Equity", "Net Flows ($, mm)": "4,237.49", "AUM ($, mm)": "1,448,661.28", "% of AUM": "0.29%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "6,877.69", "AUM ($, mm)": "189,596.65", "% of AUM": "3.63%"}, {"": "Inverse", "Net Flows ($, mm)": "-635.74", "AUM ($, mm)": "13,685.12", "% of AUM": "-4.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "1,347.87", "AUM ($, mm)": "90,494.30", "% of AUM": "1.49%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "10,395.82", "AUM ($, mm)": "5,346,111.22", "% of AUM": "0.19%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "8,016.54", "AUM ($, mm)": "1,358,515.30", "% of AUM": "0.59%"}, {"": "Total:", "Net Flows ($, mm)": "31,164.71", "AUM ($, mm)": "8,671,981.18", "% of AUM": "0.36%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "749.28", "AUM ($, mm)": "7,583.92", "% of AUM": "9.88%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "145.12", "AUM ($, mm)": "17,527.00", "% of AUM": "0.83%"}, {"": "Commodities", "Net Flows ($, mm)": "-4,418.62", "AUM ($, mm)": "142,317.96", "% of AUM": "-3.10%"}, {"": "Currency", "Net Flows ($, mm)": "12,399.89", "AUM ($, mm)": "57,488.43", "% of AUM": "21.57%"}, {"": "International Equity", "Net Flows ($, mm)": "31,970.76", "AUM ($, mm)": "1,448,661.28", "% of AUM": "2.21%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "16,402.33", "AUM ($, mm)": "189,596.65", "% of AUM": "8.65%"}, {"": "Inverse", "Net Flows ($, mm)": "-834.12", "AUM ($, mm)": "13,685.12", "% of AUM": "-6.10%"}, {"": "Leveraged", "Net Flows ($, mm)": "-539.15", "AUM ($, mm)": "90,494.30", "% of AUM": "-0.60%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "122,158.53", "AUM ($, mm)": "5,346,111.22", "% of AUM": "2.28%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "49,520.44", "AUM ($, mm)": "1,358,515.30", "% of AUM": "3.65%"}, {"": "Total:", "Net Flows ($, mm)": "227,554.47", "AUM ($, mm)": "8,671,981.18", "% of AUM": "2.62%"}]\n[{"Brand": "iShares", "AUM ($, mm)": "2,764,930.41", "Net Flows ($, mm)": "22,825.23", "% of AUM": "0.83%", "YTD 2024 Net Flows($,M)": "36,594.20"}, {"Brand": "Vanguard", "AUM ($, mm)": "2,567,056.37", "Net Flows ($, mm)": "16,652.38", "% of AUM": "0.65%", "YTD 2024 Net Flows($,M)": "65,520.74"}, {"Brand": "SPDR", "AUM ($, mm)": "1,309,413.74", "Net Flows ($, mm)": "24,540.10", "% of AUM": "1.87%", "YTD 2024 Net Flows($,M)": "-2,288.08"}, {"Brand": "Invesco", "AUM ($, mm)": "509,173.22", "Net Flows ($, mm)": "7,194.45", "% of AUM": "1.41%", "YTD 2024 Net Flows($,M)": "21,048.26"}, {"Brand": "Schwab", "AUM ($, mm)": "342,179.51", "Net Flows ($, mm)": "2,177.02", "% of AUM": "0.64%", "YTD 2024 Net Flows($,M)": "4,728.78"}, {"Brand": "JPMorgan", "AUM ($, mm)": "150,136.99", "Net Flows ($, mm)": "3,441.66", "% of AUM": "2.29%", "YTD 2024 Net Flows($,M)": "10,385.94"}, {"Brand": "First Trust", "AUM ($, mm)": "139,482.85", "Net Flows ($, mm)": "592.53", "% of AUM": "0.42%", "YTD 2024 Net Flows($,M)": "986.62"}, {"Brand": "Dimensional", "AUM ($, mm)": "134,138.42", "Net Flows ($, mm)": "3,444.39", "% of AUM": "2.57%", "YTD 2024 Net Flows($,M)": "9,126.65"}, {"Brand": "WisdomTree", "AUM ($, mm)": "77,971.30", "Net Flows ($, mm)": "598.49", "% of AUM": "0.77%", "YTD 2024 Net Flows($,M)": "2,018.08"}, {"Brand": "VanEck", "AUM ($, mm)": "77,421.82", "Net Flows ($, mm)": "2,585.53", "% of AUM": "3.34%", "YTD 2024 Net Flows($,M)": "4,923.39"}, {"Brand": "ProShares", "AUM ($, mm)": "72,286.98", "Net Flows ($, mm)": "451.41", "% of AUM": "0.62%", "YTD 2024 Net Flows($,M)": "-4,358.65"}, {"Brand": "Fidelity", "AUM ($, mm)": "68,843.10", "Net Flows ($, mm)": "3,633.69", "% of AUM": "5.28%", "YTD 2024 Net Flows($,M)": "10,974.38"}, {"Brand": "Global X", "AUM ($, mm)": "46,332.33", "Net Flows ($, mm)": "1,296.97", "% of AUM": "2.80%", "YTD 2024 Net Flows($,M)": "2,004.79"}, {"Brand": "Pacer", "AUM ($, mm)": "43,259.93", "Net Flows ($, mm)": "1,395.51", "% of AUM": "3.23%", "YTD 2024 Net Flows($,M)": "5,236.50"}, {"Brand": "Direxion", "AUM ($, mm)": "41,413.19", "Net Flows ($, mm)": "-12.84", "% of AUM": "-0.03%", "YTD 2024 Net Flows($,M)": "-1,167.79"}, {"Brand": "Avantis", "AUM ($, mm)": "40,052.48", "Net Flows ($, mm)": "1,208.52", "% of AUM": "3.02%", "YTD 2024 Net Flows($,M)": "4,124.76"}, {"Brand": "Goldman Sachs", "AUM ($, mm)": "34,528.97", "Net Flows ($, mm)": "-148.82", "% of AUM": "-0.43%", "YTD 2024 Net Flows($,M)": "-140.50"}, {"Brand": "PIMCO", "AUM ($, mm)": "25,418.94", "Net Flows ($, mm)": 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AUM": "1.40%", "YTD 2024 Net Flows($,M)": "544.09"}, {"Brand": "Hartford", "AUM ($, mm)": "4,720.82", "Net Flows ($, mm)": "6.23", "% of AUM": "0.13%", "YTD 2024 Net Flows($,M)": "-204.82"}, {"Brand": "US Benchmark Series", "AUM ($, mm)": "4,306.71", "Net Flows ($, mm)": "84.30", "% of AUM": "1.96%", "YTD 2024 Net Flows($,M)": "250.27"}, {"Brand": "IndexIQ", "AUM ($, mm)": "4,107.98", "Net Flows ($, mm)": "11.46", "% of AUM": "0.28%", "YTD 2024 Net Flows($,M)": "-102.98"}, {"Brand": "Principal", "AUM ($, mm)": "4,077.74", "Net Flows ($, mm)": "132.80", "% of AUM": "3.26%", "YTD 2024 Net Flows($,M)": "126.19"}, {"Brand": "Simplify", "AUM ($, mm)": "4,066.98", "Net Flows ($, mm)": "316.87", "% of AUM": "7.79%", "YTD 2024 Net Flows($,M)": "849.86"}, {"Brand": "GraniteShares", "AUM ($, mm)": "3,933.81", "Net Flows ($, mm)": "1,230.62", "% of AUM": "31.28%", "YTD 2024 Net Flows($,M)": "1,624.78"}, {"Brand": "Alpha Architect", "AUM ($, mm)": "3,879.29", "Net Flows ($, mm)": "473.72", "% of AUM": "12.21%", "YTD 2024 Net Flows($,M)": "1,318.53"}, {"Brand": "T. 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AUM": "3.40%", "YTD 2024 Net Flows($,M)": "106.64"}, {"Brand": "Strive", "AUM ($, mm)": "1,354.49", "Net Flows ($, mm)": "46.28", "% of AUM": "3.42%", "YTD 2024 Net Flows($,M)": "178.74"}, {"Brand": "SEI", "AUM ($, mm)": "1,280.24", "Net Flows ($, mm)": "-12.31", "% of AUM": "-0.96%", "YTD 2024 Net Flows($,M)": "1,075.27"}, {"Brand": "ActivePassive", "AUM ($, mm)": "1,228.32", "Net Flows ($, mm)": "49.53", "% of AUM": "4.03%", "YTD 2024 Net Flows($,M)": "330.04"}, {"Brand": "Eaton Vance", "AUM ($, mm)": "1,135.28", "Net Flows ($, mm)": "514.04", "% of AUM": "45.28%", "YTD 2024 Net Flows($,M)": "562.14"}, {"Brand": "Davis", "AUM ($, mm)": "1,130.59", "Net Flows ($, mm)": "3.87", "% of AUM": "0.34%", "YTD 2024 Net Flows($,M)": "9.40"}, {"Brand": "DoubleLine", "AUM ($, mm)": "1,098.82", "Net Flows ($, mm)": "25.52", "% of AUM": "2.32%", "YTD 2024 Net Flows($,M)": "149.09"}, {"Brand": "Kovitz", "AUM ($, mm)": "1,074.70", "Net Flows ($, mm)": "5.03", "% of AUM": "0.47%", "YTD 2024 Net 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Capital", "AUM ($, mm)": "48.01", "Net Flows ($, mm)": "2.71", "% of AUM": "5.65%", "YTD 2024 Net Flows($,M)": "24.03"}, {"Brand": "Hull", "AUM ($, mm)": "44.84", "Net Flows ($, mm)": "2.92", "% of AUM": "6.52%", "YTD 2024 Net Flows($,M)": "3.86"}, {"Brand": "Acquirers Fund", "AUM ($, mm)": "44.13", "Net Flows ($, mm)": "-1.86", "% of AUM": "-4.22%", "YTD 2024 Net Flows($,M)": "-1.00"}, {"Brand": "Leatherback", "AUM ($, mm)": "43.67", "Net Flows ($, mm)": "-0.65", "% of AUM": "-1.50%", "YTD 2024 Net Flows($,M)": "-5.13"}, {"Brand": "Range", "AUM ($, mm)": "43.53", "Net Flows ($, mm)": "14.80", "% of AUM": "34.01%", "YTD 2024 Net Flows($,M)": "25.66"}, {"Brand": "ZEGA", "AUM ($, mm)": "43.39", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-7.09"}, {"Brand": "SonicShares", "AUM ($, mm)": "43.39", "Net Flows ($, mm)": "-0.78", "% of AUM": "-1.80%", "YTD 2024 Net Flows($,M)": "6.27"}, {"Brand": "UVA", "AUM ($, mm)": "43.12", "Net Flows ($, mm)": "-1.09", "% of AUM": "-2.54%", "YTD 2024 Net Flows($,M)": "-2.20"}, {"Brand": "Discipline Funds", "AUM ($, mm)": "40.12", "Net Flows ($, mm)": "1.12", "% of AUM": "2.80%", "YTD 2024 Net Flows($,M)": "2.45"}, {"Brand": "Gabelli", "AUM ($, mm)": "39.89", "Net Flows ($, mm)": "1.07", "% of AUM": "2.67%", "YTD 2024 Net Flows($,M)": "3.46"}, {"Brand": "Foundations", "AUM ($, mm)": "39.77", "Net Flows ($, mm)": "2.70", "% of AUM": "6.79%", "YTD 2024 Net Flows($,M)": "34.44"}, {"Brand": "Meet Kevin", "AUM ($, mm)": "39.77", "Net Flows ($, mm)": "-2.03", "% of AUM": "-5.09%", "YTD 2024 Net Flows($,M)": "-2.68"}, {"Brand": "Sovereign\'s", "AUM ($, mm)": "37.98", "Net Flows ($, mm)": "1.73", "% of AUM": "4.55%", "YTD 2024 Net Flows($,M)": "6.76"}, {"Brand": "Regan", "AUM ($, mm)": "37.80", "Net Flows ($, mm)": "32.63", "% of AUM": "86.32%", "YTD 2024 Net Flows($,M)": "36.38"}, {"Brand": "Procure", "AUM ($, mm)": "37.74", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-1.69"}, {"Brand": "AOT", "AUM ($, mm)": "36.86", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "2.82"}, {"Brand": "Sparkline", "AUM ($, mm)": "34.90", "Net Flows ($, mm)": "1.12", "% of AUM": "3.20%", "YTD 2024 Net Flows($,M)": "1.93"}, {"Brand": "Trajan", "AUM ($, mm)": "34.29", "Net Flows ($, mm)": "-0.45", "% of AUM": "-1.31%", "YTD 2024 Net Flows($,M)": "-1.96"}, {"Brand": "Martin Currie", "AUM ($, mm)": "34.11", "Net Flows ($, mm)": "-1.56", "% of AUM": "-4.58%", "YTD 2024 Net Flows($,M)": "-1.56"}, {"Brand": "Sound Income Strategies", "AUM ($, mm)": "33.92", "Net Flows ($, mm)": "0.46", "% of AUM": "1.35%", "YTD 2024 Net Flows($,M)": "1.84"}, {"Brand": "India", "AUM ($, mm)": "33.87", "Net Flows ($, mm)": "4.86", "% of AUM": "14.36%", "YTD 2024 Net Flows($,M)": "19.74"}, {"Brand": "Guru", "AUM ($, mm)": "33.72", "Net Flows ($, mm)": "-0.82", "% of AUM": "-2.42%", "YTD 2024 Net Flows($,M)": "-3.18"}, {"Brand": "Calamos", "AUM ($, mm)": "33.28", "Net Flows ($, mm)": "-3.46", "% of AUM": "-10.39%", "YTD 2024 Net Flows($,M)": "12.86"}, {"Brand": "Innovative Portfolios", "AUM ($, mm)": "33.24", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-0.48"}, {"Brand": "RAM", "AUM ($, mm)": "33.15", "Net Flows ($, mm)": "0.04", "% of AUM": "0.12%", "YTD 2024 Net Flows($,M)": "1.54"}, {"Brand": "AlphaMark", "AUM ($, mm)": "32.88", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "1.47"}, {"Brand": "Affinity", "AUM ($, mm)": "32.69", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "0.00"}, {"Brand": "Validus", "AUM ($, mm)": "31.68", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "0.00"}, {"Brand": "Cultivar", "AUM ($, mm)": "30.70", "Net Flows ($, mm)": "-0.50", "% of AUM": "-1.64%", "YTD 2024 Net Flows($,M)": "-0.50"}, {"Brand": "Bancreek", "AUM ($, mm)": "30.24", "Net Flows ($, mm)": "0.98", "% of AUM": "3.24%", "YTD 2024 Net Flows($,M)": "23.29"}, {"Brand": "QRAFT", "AUM ($, mm)": "30.08", "Net Flows ($, mm)": "3.35", "% of AUM": "11.15%", "YTD 2024 Net Flows($,M)": "2.35"}, {"Brand": "Themes", "AUM ($, mm)": "28.45", "Net Flows ($, mm)": "16.54", "% of AUM": "58.14%", "YTD 2024 Net Flows($,M)": "19.10"}, {"B Last 60 Days of Bitcoin's Closing Prices: [63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-02 Financial & Commodity Data: - Gold Closing Price: $2299.20 - Crude Oil Closing Price: $78.95 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,126,825,055,812 - Hash Rate: 635054048.9222649 - Transaction Count: 559839.0 - Unique Addresses: 528151.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin's price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin's future. "That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission's approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline." While Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven't even begun." This lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.... - Reddit Posts (Sample): [['u/worldtraveller321', 'Important to Buy BTC now', 348, '2024-05-02 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', 'Is it just me or am I wrong to think that right now. I am important to buy BTC at this moment. so people will have something of value. As everything else is going down in value?\n\nam I right?', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', '1chysfv', [['u/Radiant_Childhood505', 144, '2024-05-02 00:18', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rkao/', 'Look at Saylor he knows he\'s in an arms race. I said to myself before the ETFs launch, "Let\'s see if he buys above 50, then I said 60. Hell, he just bought his last 122 BTC for 7.8 million, so the average was 64000 on those! Yes, buy high, buy low, but good God buy buy buy.', '1chysfv'], ['u/Financial_Clue_2534', 144, '2024-05-02 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rtj0/', 'Based on previous events nows a good time as Bitcoin typically has numerous 20% drops as it climbs up. \n\nI DCA but I also buy a bit more when we get this type of pullback. It hasn’t failed me yet.', '1chysfv'], ['u/Sudden_Agent_345', 71, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25sm2k/', 'you are important no matter what', '1chysfv'], ['u/PablovsPeanut', 15, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25spul/', 'Actual gold will be decent as well as silver. IMO BTC will be the best. No one can time it perfect because the best time to buy was obviously last cycle and that will always be the answer. From looking at past empires when they fall they fall hard and fast. The US is acting like an empire in decline.', '1chysfv'], ['u/Tasty-Lemon-2143', 240, '2024-05-02 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25u0e5/', 'This is the dip everyone was asking for 3 weeks ago....make your decision wisely.', '1chysfv'], ['u/LastRecognition4151', 69, '2024-05-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25up9c/', 'Saylor says he will always buy the top forever', '1chysfv'], ['u/BitcoinWell', 45, '2024-05-02 00:40', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25uzs4/', 'Not only are prices heavily discounted from a few weeks ago, but transaction fees are super low – high priority transactions are showing up as $3 on mempool right now.\n\nIts a great time to: \n- stack sats \n- take coins off the exchange and onto your own wallet (key in cold storage) \n- Consolidate UTXOs', '1chysfv'], ['u/BitcoinWell', 33, '2024-05-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25v30b/', 'in 2017 it happened 3 times before the big drop', '1chysfv'], ['u/Highly-Aggressive', 20, '2024-05-02 00:51', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wnxx/', "can't", '1chysfv'], ['u/thinkinon', 11, '2024-05-02 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wzu1/', 'Goodness gracious, do you need a hug?', '1chysfv'], ['u/Financial_Clue_2534', 33, '2024-05-02 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25xsd1/', 'Started in 2016. Took til 2019for me to “get use” to it. I use to check prices all the time and stress out. In the past I tried to type the market to buy back cheaper and got burned. I found out just buy, DCA and hold you gain so much overtime.', '1chysfv'], ['u/RiskRambo', 29, '2024-05-02 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25yb78/', 'This seems like a very odd time to be selling your bitcoin.', '1chysfv'], ['u/19YoJimbo93', 16, '2024-05-02 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zb92/', '<3 this is the energy we need', '1chysfv'], ['u/jluc21', 22, '2024-05-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zjy1/', 'what happened 3 times? it dropped 20% three times?', '1chysfv'], ['u/Cryptdego', 26, '2024-05-02 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l261ogx/', 'Would you say...power top!?!', '1chysfv'], ['u/cohortq', 12, '2024-05-02 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l264szu/', 'yes', '1chysfv'], ['u/gtbifmoney', 41, '2024-05-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2669g8/', 'At this point, you have to be an actual dumbass to sell, and quite honestly, a gigantic pussy. There are institutions in this now with A LOT more to lose than you, they aren’t gonna just let this crash like the dark ages.\n\ntl;dr - “stop acting like a bitch a come on” - Deebo.', '1chysfv'], ['u/heinzmoleman', 10, '2024-05-02 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l268k8t/', 'If you are a true long term holder then there is never a bad time to buy BTC.', '1chysfv'], ['u/rokman', 40, '2024-05-02 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l269kv9/', 'Saylor doesn’t buy bitcoin, he has a company buy bitcoin while he sells stock and buys hookers and blow', '1chysfv'], ['u/marcio-a23', 27, '2024-05-02 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a7ac/', 'I am doing the same thing \n\nI buy bitcoin with money and hookers with debt', '1chysfv'], ['u/Joeman106', 18, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a9oc/', '… or you could just be someone using it as a store of value to save for things you couldn’t otherwise afford. I bought at 20k and just sold a sixth of it to go to Vegas for my 21st. You can buy more bitcoin but you can’t buy back experiences like that that otherwise couldn’t have happened', '1chysfv'], ['u/don123xyz', 14, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26ae7t/', "Yup, that's what I learned too after a year of trying to time the market. At the end I learned my lesson: just buy and hodl.", '1chysfv'], ['u/gtbifmoney', 11, '2024-05-02 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26cxbe/', 'Yeah, I don’t think the guy that sold 500 BTC for pizzas would agree…', '1chysfv'], ['u/listmann', 10, '2024-05-02 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26odc6/', "If history repeats its going to drop at least to 40k then go to 80k and above, I'm still buying regardless of the price untill I reach 2 BTC, might take me 10 years but wth", '1chysfv'], ['u/BBrillo614', 15, '2024-05-02 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26t4og/', 'I buy once or twice a week a couple hundred bucks or so. That was when it was high and when it was low. But since we broke down to 60k I’ve bought a metric fuck ton\nAka .19535 ;-) I suggest everyone load up and enjoy the ride!!!!', '1chysfv'], ['u/Pafeso_', 10, '2024-05-02 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26xs0u/', 'nuh uh (then buy more)', '1chysfv'], ['u/Awkward_Potential_', 29, '2024-05-02 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2711yu/', 'Exactly. And if it goes down further, who gives a shit. Grow a set and buy more.', '1chysfv'], ['u/enzeipetre', 11, '2024-05-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2797iz/', "DCA down until the next peak. as it's always been", '1chysfv'], ['u/ClassroomCareful935', 10, '2024-05-02 06:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27b4g6/', "We've had 7 months up. One or more months down is to be expected, also in a bull market. Not sure why this wouldn't be a dip.", '1chysfv'], ['u/grey-doc', 15, '2024-05-02 07:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27h51x/', 'It happens in every bubble in every asset since forever.\n\nAnd then one day one of the bubbles cuts a little deeper and everyone becomes sad.', '1chysfv'], ['u/grey-doc', 12, '2024-05-02 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27j412/', 'The old generation built huge corporations that will give you money in exchange for a piece of your life. A deal with the devil, I say, but a deal that ends with more hodling.', '1chysfv'], ['u/NeitherShift9027', 21, '2024-05-02 13:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l288l79/', 'Managed to go from 0.21 to 0.30 in this dip. Pretty happy with that.', '1chysfv']]], ['u/JacksonRiot', 'Armory Deck: Boltyn', 124, '2024-05-02 02:05', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/', 'What do you think Boltyn needs in this [product](https://fabtcg.com/products/booster-set/armory-deck-boltyn/)?', 'https://www.reddit.com/gallery/1ci1jvf', '1ci1jvf', [['u/bluLoL', 39, '2024-05-02 02:17', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l269k5b/', "WOW! I can't wait to spend $40 to not have a play set of lumina ascension!", '1ci1jvf'], ['u/jovietjoe', 10, '2024-05-02 02:27', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26b553/', 'I 100% guarantee there will be zero copies. The Kayo deck proved that their "this is a playable deck" hype was a fucking joke.', '1ci1jvf'], ['u/Razorcrest999', 16, '2024-05-02 02:29', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26bfux/', 'This really needs a full playset of V of the vanguard and lumina ascension. Hopefully they give us at least that as it’s clear that boltyn isn’t able to do much without those. In terms of equipment I expect to see refraction bolters and gallantry gold, and a new head and chest. The head will probably be made the “chase” equipment and the chest will be a worse version of soulbond resolve or light of sol.', '1ci1jvf'], ['u/insidiousimpact', 13, '2024-05-02 02:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26c04n/', 'chase equipment is confirmed to be the legs as well as playset of yellow light dreacts', '1ci1jvf'], ['u/typhyr', 16, '2024-05-02 02:37', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26cnz0/', '3 spirit of war, take it or leave it', '1ci1jvf'], ['u/mcp_truth', 29, '2024-05-02 03:00', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26g0rs/', 'If Boltyn gets the Kayo treat then the new equipment will be whats exciting', '1ci1jvf'], ['u/Jon_Targaryen', 18, '2024-05-02 03:02', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26gabm/', 'Boots that charge on block and yellow d react that blocks 3 and if charged gives an attack -2', '1ci1jvf'], ['u/KingVape', 38, '2024-05-02 03:08', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26h8fc/', 'After the Kayo one containing no good reprints, I just can’t pretend to be excited for this.', '1ci1jvf'], ['u/senecalp', 29, '2024-05-02 03:16', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26ih4i/', 'At least this one shouldn’t immediately be DOA with the hero going LL shortly after it is released.', '1ci1jvf'], ['u/lovesahedge', 11, '2024-05-02 03:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26l0fd/', "Perhaps soon we will have a product for new players that seasoned collectors won't complain about not being for them", '1ci1jvf'], ['u/Razorcrest999', 12, '2024-05-02 06:51', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l27awvz/', 'They explicitly aren’t. They’re supposed to be armory power level decks that’ll help you learn how a hero is supposed to play for new players that want to play at their LGS', '1ci1jvf']]], ['u/Afraid_Base_3304', 'Ver case court documents wrong?', 26, '2024-05-02 03:14', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/', 'I was looking over the unsealed court filing and saw something that stood out as being wrong. \nNow I need someone to double check and see if I\'m wrong or the court filings are wrong. \n\n\nLink to docket https://www.courtlistener.com/docket/68485421/1/united-states-v-ver/\nPage 7 lists 4 wallets and all are wrong but #4 but i\'ll focus on just one for now. \n\n\nDocket says "These four clusters held bitcoins on February 3, 2014, as follows:"\n1JKPkpDFruDNjFKQ5upDkB2CbstbR3RtE7 = 2,000.9710 Bitcoins on 2/3/2014\n\n\nBlockchain shows that wallet only ever having 1070.64 BTC\nhttps://www.blockchain.com/explorer/addresses/btc/1JKPkpDFruDNjFKQ5upDkB2CbstbR3RtE7\nTotal Received = 1070.64000000 BTC\n\nI found this in about 10 minutes so probably more to be uncovered if I\'m right about this.', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/', '1ci3085', [['u/Bitcoinopoly', 14, '2024-05-02 04:15', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/l26r63l/', "You're only looking at a single address and not the whole wallet.", '1ci3085']]], ['u/polloponzi', 'The real reason for Bitcoin under-performance lately: The DTCC has forbidden leverage (margin usage) for all the Bitcoin ETFs', 38, '2024-05-02 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/', 'If you have paid a bit of attention to the current price action you may have noticed some odd things:\n\n Bitcoin is down quite a lot (-4% in 24H)\n* Other cryptos are not following, some of then even rising.\n* Stock market companies related to Bitcoin are going down much less or even rising like MicroStrategy and several miners (MARA, RIOT)\n\nWhy is that?\n\nWell, it seems that [the DTCC has passed a rule on April 30th](https://twitter.com/blckchaindaily/status/1784011897236529556) that requires broker dealers to ensure their customers have 100% marging for the Bitcoin ETFs, which means no leverage for them on this positions.\n\nThat explains why clients will sell Bitcoin ETF spot and buy miners or $MSTR (can keep up the exposure to the asset and the leverage)\n\nStay calm and stake sats!', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/', '1ci4ws0', [['u/moonpumper', 59, '2024-05-02 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27apy0/', 'This seems great for long term, get the ass hat gamblers out', '1ci4ws0'], ['u/JynsRealityIsBroken', 43, '2024-05-02 06:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27betj/', "This is just completely untrue FUD-mongering. The DTCC cannot stop hedge funds from leveraging their portfolios in alternative means. Swaps, for instance, would allow for leveraged positions. They could go to a bank and take out a loan with their equity as collateral. That's not the same as margin. They could create a basket with the etf in it and get leverage on that. That would be kind of like the 2008 method.\n\nYeah you can't get an options contract or use broker margin to buy it, but those are not even remotely all the levers a hedge fund can pull to get leverage.\n\nAll this is doing is blocking RETAIL from getting leverage.", '1ci4ws0'], ['u/Popular-Let-4781', 10, '2024-05-02 07:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27d76z/', 'Ah of course, any tiny tick and the entire crypto market implodes 🙄', '1ci4ws0'], ['u/pr0b0ner', 154, '2024-05-02 07:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27dxbj/', 'Uhh... Bitcoin is down 9% in the past 5 days. Microstrategy is down 16% in the past 5 days. How does this equate to Microstrategy doing better than Bitcoin?', '1ci4ws0'], ['u/pr0b0ner', 21, '2024-05-02 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27g1e3/', "Haha ok? So it's both at the same time? I'm responding to OPs original point of evidence. I guess we can just take any stance and create a narrative.", '1ci4ws0'], ['u/Chambana_Raptor', 53, '2024-05-02 08:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27jgcv/', "Because we're all dumb. I mean we must be...we're all still clicking on these posts.\n\nOne day we'll learn to stop engaging with every armchair TA expert that wanders in after they missed their first opportunity to take bull market profits 😂\n\nWon't that be nice?", '1ci4ws0'], ['u/EconomicsFriendly427', 15, '2024-05-02 09:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27nmm1/', 'How am I still able to buy a 2x product with margin on robinhood', '1ci4ws0'], ['u/FirstAccGotStolen', 146, '2024-05-02 11:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27z7z5/', "Dude you have no idea wtf you talking about, please stop.\n\nThat's not what the DTCC ruling says at all. It concerns collateral for settlement purposes. DTCC doesn't give a fuck what people do in their brokerage accounts.", '1ci4ws0'], ['u/FirstAccGotStolen', 28, '2024-05-02 11:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27zc5s/', 'Because OP is full of shit and has no clue what the ruling means.', '1ci4ws0'], ['u/HandsomeAssJoe', 12, '2024-05-02 12:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l283nor/', 'This is not true at all. Can go to any brokerage and look at their initial and maintenance margin requirements for the BTC ETFs to see that OP is full of shit.', '1ci4ws0']]], ['u/loupiote2', 'Successful recovery from 2014 Bitcoin paper wallet (invalid checksum)', 52, '2024-05-02 04:59', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/', '[Bitcoin paper wallet](https://preview.redd.it/i41nfigrhxxc1.jpg?width=2050&format=pjpg&auto=webp&s=0a9dedd3e6d7b7f00d616f9f2737196358dad475)\n\nSince this recovery is not directly related to ledger, we posted this report in the Bitcoin forum:\n\n[https://np.reddit.com/r/Bitcoin/comments/1ci4xqk/successful\\_recovery\\_from\\_2014\\_bitcoin\\_paper/](https://np.reddit.com/r/Bitcoin/comments/1ci4xqk/successful_recovery_from_2014_bitcoin_paper/)', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/', '1ci54co', [['u/SecretProfessional65', 10, '2024-05-02 08:54', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/l27me9p/', 'I love reading these stories.', '1ci54co']]], ['u/Major_Significance59', 'First time using Bisq2 today', 26, '2024-05-02 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/', "Did my first bitcoin purchase on Bisq today using the new 'Bisq easy' method. It was very smooth. A thank you goes out to all the Bisq developers for the work they have done on the new Bisq2 release.\n\nAnd to everyone who hasn't tried Bisq yet to purchase some non-KYC bitcoin, give it a shot. Start with a small purchase. And you will pay a bit of a premium. But it's worth it.", 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/', '1ci5bxq', [['u/vwkv1', 10, '2024-05-02 11:47', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/l2803y5/', 'We should all slowly start buying/selling P2P.', '1ci5bxq'], ['u/FunWithSkooma', 12, '2024-05-02 12:09', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/l281zy4/', 'p2p will always be the best', '1ci5bxq']]], ['u/Cizuuu', 'Number Go Up', 58, '2024-05-02 05:33', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/', '\nSo Im reading this book right now, its seems like a very good and also nasty take on crypto as a whole. Zeke Faux offers a fascinating exploration of the speculative frenzy surrounding cryptocurrencies, particularly Bitcoin. Faux delves into the psychology, economics, and cultural implications of the "number go up" mentality that pervades the crypto space. \n\nI think this sheds light on how other people actually see cryptocurrency and bitcoin. It can be a bit provoking since I can sense some bit of jealousy in him after he missed out on dogecoin at 2021 (which he clearly said in the book). \n\nWell the front page is sbf, since I can see he also has some biases against cryptos, along with the axie phenomenon that plagued the Philippines (a ponzi scheme), and the left and right scams within the crypto space. \n\nHe also discussed some interesting takes on tether which pointed out how their reserves was in fact questionable (if they even have that). And how they could be pumping those prices up due to the fact that they kept shitting usdt without something to show for the Proof of reserves. \n\nI just dislike that sbf will be the face of crypto for a long time after the shit he pulled. But you guys should give it a read—if you fellas can read. ', 'https://i.redd.it/s093ux2vnxxc1.jpeg', '1ci5raj', [['u/HappyAndVegan', 23, '2024-05-02 07:50', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l27gq97/', 'Hey the book is epic, give OP a break.', '1ci5raj'], ['u/DonkeyOfWallStreet', 20, '2024-05-02 09:26', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l27p1x3/', 'As the king of the hill meme goes, those guys would be awfully upset if they could read.', '1ci5raj'], ['u/ironvultures', 11, '2024-05-02 13:33', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l28akbh/', 'Listened to the audiobook. It’s a great and digestible history of cryptocurrency’s incredible failures.', '1ci5raj']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 02, 2024', 29, '2024-05-02 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/', '1ci693m', [['u/sgtlark', 12, '2024-05-02 07:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27g90v/', "Doesn't that mean that BTC will be subject to less manipulation?\n\nIf I get this right the ETFs will be now configured as a mean to hodl which is what we may want from retail and the mythical institutional investors. I mean BTC clearly doesn't work as a currency as of now or in the predictable foreseeable future (don't care what permabulls with laser eyes say). But it's got a track record to work as a store of value (very volatile, conceded). \n\nThis rule would make the ETFs more as a way to hodl for long term gains (speculate long term volatility) rather than to trade short term gains (speculate short term volatility). It is not necessarily bad, especially if the institutional investors want to add BTC to their balance sheets (that's really the only reason I can see institutions buying BTC)\n\nOn the other hand we all like to see the glass as half full and every coin's got two faces.", '1ci693m'], ['u/_TROLL', 15, '2024-05-02 07:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27h2te/', 'The fewer degenerate gambling addicts in this space, the better off everyone else will be.', '1ci693m'], ['u/Yodel_And_Hodl_Mode', 24, '2024-05-02 08:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27ix61/', "I know it's nothing, but I spent $400 on sats tonight. At this price, I couldn't resist. In the process, I drained my checking account all the way down to $20 until payday... which, luckily, is tomorrow. That's also my regularly scheduled DCA day.\n\nMan, I love it when my DCA lines up with a sale. Oh, hell yeah!", '1ci693m'], ['u/Zirup', 10, '2024-05-02 09:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27phta/', "I'm holding out for a deeper drop, probably means it won't come.", '1ci693m'], ['u/baselse', 33, '2024-05-02 09:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27qyp1/', 'Some hopium for who likes TD9 Indicator (Tom Demark Sequential). \nToday we hit 9 on the daily, and the last two times that happened were bottoms:\n\nJan 25 2024, then up 84% (39900 to 73700)\n\nAug 20 2023, then up 87% (26100 to 49000)', '1ci693m'], ['u/jogeer', 16, '2024-05-02 10:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uc9i/', 'So we were all expecting green months until the top and if that doesn’t happen the bull market is over?', '1ci693m'], ['u/nationshelf', 11, '2024-05-02 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27ul1q/', 'Chart overlays from previous cycles suggests sideways through summer then up in the fall', '1ci693m'], ['u/Dry-Wienner-7100', 12, '2024-05-02 10:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uofg/', "Whut, it's basically the same price as yesterday", '1ci693m'], ['u/a06play', 10, '2024-05-02 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uxmu/', "Good morning, good afternoon everyone.\n\nIf we follow the upward trend line from mid oct 23 we can still drop to the low 50's and still put in a higher low. Bullish!\n\n[https://imgur.com/a/YrjXG2D](https://imgur.com/a/YrjXG2D)\n\n(Ignore the retarded inverted cup and handle i drew)", '1ci693m'], ['u/Defacticool', 10, '2024-05-02 11:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27zbar/', "Sounds good! \n\nDo you have some knowledge of it's past performance beyond just the last 2?", '1ci693m'], ['u/btctrader12', 14, '2024-05-02 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2827qm/', 'It seems that more people are expecting low 50s than back to the 60s here. I don’t think it hits their bids', '1ci693m'], ['u/baselse', 14, '2024-05-02 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l282l0c/', 'Sure, the TD9 moments before that were:\n\nJul 22 2023, flatline after, but the candle bodies were so thin that TD9 had no relevance\n\nMar 10 2023, then up 58% (19500 to 31000)\n\nSep 21 2022, then up 18% (18100 to 21400) interrupted by covid crash Nov 2022\n\nJun 18 2022, then up 43% (17600 to 25200)\n\n\n\nAll these dates marked a clear bottom.', '1ci693m'], ['u/Defacticool', 11, '2024-05-02 12:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l286ttr/', "Ok fine I'll buy your hopium \n\nThat does sound very bullish", '1ci693m'], ['u/1Lost_King1', 16, '2024-05-02 13:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l288rs9/', 'Let’s hope USA will not dump and we can start the claim back towards the 60k and back in the 70k range', '1ci693m'], ['u/WaldoInWalden', 20, '2024-05-02 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28abtz/', 'The Fear and Greed index is at 43 today with a "Fear" reading. It\'s lower now than its last local low on Jan 23rd of this year with a Bitcoin price of \\~$39k. Love to see it', '1ci693m'], ['u/Cultural_Entrance312', 20, '2024-05-02 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28k7em/', 'Let’s hope the pain is over. The good thing about the drop is that it is cooling off a lot of the longer-term overbought indicators and getting rid of a lot of weaker hands. I think the drop to 56.5 area multiple times, corresponds to a major support area that was once resistance from the 2021-time frame.\n\nOn the hourly, BTC RSI is at 59.3 (average 46.9) at time of writing. Nearby resistance are 59, 60.5, 61.7, 63, 64.1, 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 56.7, 55.7 and 54.5.\n\nThe daily RSI is 35.4 and its average is currently at 44.1. I believe a falling wedge has formed and BTC was rejected at the upper resistance of it. BTC is near the lower support line of that wedge, about 55.8. \xa0Same resistances/supports as I mention in the hourly. The drop to 56.5 created a big crab sandwich going back to February 28.\n\nBTC closed for the 4th week in a row in the red. This hasn’t happened since last year and I haven’t seen a 5^(th) week of red, after halving ever, so this will also be a first. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. It has cooled significantly and is currently 58.8 (77.3 average). A flag formation has formed, BTC wicked through it a couple hundred bucks but is back in the pattern. If this is a continuation pattern and is the midpoint, the target would be about 137.5k+/-. Main resistances were noted above.\n\nBitcoin closed April out in the red. BTC has cooled off, it’s monthly RSI is 64.6. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May should be the last month of red or turn green.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/oDxIkoe6/](https://www.tradingview.com/x/oDxIkoe6/)\n\nDaily: [https://www.tradingview.com/x/66Y8T29s/](https://www.tradingview.com/x/66Y8T29s/)\n\nWeekly: [https://www.tradingview.com/x/WpQe0EZP/](https://www.tradingview.com/x/WpQe0EZP/)\n\nMonthly: [https://www.tradingview.com/x/cERcQpnE/](https://www.tradingview.com/x/cERcQpnE/)', '1ci693m'], ['u/1Lost_King1', 20, '2024-05-02 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28l3i4/', 'BlackRock says sovereign wealth funds, pension funds, and endowments will trade spot #Bitcoin ETFs soon.', '1ci693m'], ['u/baselse', 10, '2024-05-02 15:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28mck0/', 'Wanted to ask the same thing. But found it here: \n[https://bitcoinmagazine.com/business/blackrock-sovereign-wealth-pension-funds-considering-bitcoin-etfs](https://bitcoinmagazine.com/business/blackrock-sovereign-wealth-pension-funds-considering-bitcoin-etfs) \nThe question remains: Which interview are they talking about?', '1ci693m'], ['u/dopeboyrico', 12, '2024-05-02 15:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28mw1u/', '[Looks like Robert Mitchnick, BlackRock’s head of Bitcoin and crypto had an interview with Coindesk.](https://www.forbes.com/sites/digital-assets/2024/05/02/blackrock-insider-reveals-shock-sovereign-wealth-fund-interest-in-bitcoin-after-etf-price-boom/?sh=628893386f70)', '1ci693m'], ['u/OnTheWayToTheM00N', 11, '2024-05-02 15:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28r8tr/', "It makes sense now why price drop, helping their buddies get a good entry. Fine. Let's get it over and done with.\n\n* drops pants and bends over *", '1ci693m'], ['u/a06play', 10, '2024-05-02 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28s3gj/', 'the only thing im selling is my ass to buy more BTC!', '1ci693m'], ['u/AverageUnited3237', 12, '2024-05-02 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28sy57/', "Couldn't resist dipping my toes here a bit... Got another .1 worth of IBIT, just moving funds around in my IRA. Sold NVDA for IBIT today. Buy low, sell high, right?", '1ci693m'], ['u/Magikarpeles', 23, '2024-05-02 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28tg0o/', "Just like the saying goes: Trade in May if you're cray", '1ci693m'], ['u/logicalinvestr', 19, '2024-05-02 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28u0x4/', "I am cautiously optimistic that the price didn't fall off a cliff with ETF selling at market open.", '1ci693m'], ['u/mrlegday', 42, '2024-05-02 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28vpp8/', "So what we saw in the past 2 month was a classis distribution of whales and long term holders \nThe evidence is clear with volume exploding around 70k, whales addresses shrinking and GBTC \nwhich is held by long term holders has seen massive flows. \nFunding was high 2 months ago and OI reached ATH $36B. \n \nWe are now at 8 weeks of down trend, whales and long term holders selling around 70k triggered weak hands selling around 2 weeks ago. \nThe volume in the past 2 weeks was low yet we went down constantly as demand at the mid 60's was low, \nI suspect alot of the selling in the past 2 weeks came from new buyers this is also evident by the outflows from the new ETF's. \nLeveraged position also closed quite significant amount at that period around $7B up until 2 days ago. \nWhat I think happened is that leveraged position started closing together with weak hands into low demand, this caused the price to go down as more and more of them panicked from price decreasing.\n\n2 days ago we saw a big drop in price (10% daily) together with OI flushing another $2B, and funding going negative. \nThe drop to around 56500 attracted buyers as the spot volume on Binance showed more significant buying.\n\nNow for the short term we just had the halving about a week ago I think once we stabilize, the missing supply will have a serious affect on the market. \nFed announced tappering of QT starting on June about $40B a month, this is significant number and the psychological effect should not be underestimated either. \nOn the technical overall this drop is already 23% and is 8 weeks long.\n\nI think a 30% drop is still possible meaning 52K is still on the table (also there's a support at that price level), but judging by all of the above I think that waiting for that price is abit risky if you're still bullish. \nI think the bull has only started and as BTC matures we should and we do see volatility decreases, as such 23% is a good number.\n\nI've opened a small long yesterday and added today significantly. \nI'll double the long if we hit \\~52k, but I'm not sure if its going to hit, at this point I don't think we are starting a bear market.", '1ci693m'], ['u/a06play', 15, '2024-05-02 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28x7g4/', "We are not in a bear market, there is no reason to even think that we are. Only thing is how low into the 50's can we go and for how long, once that is out of the way back into the 60's and up.", '1ci693m'], ['u/AccidentalArbitrage', 15, '2024-05-02 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l291pu5/', "In a few short months you've gone from despair and saying you'd never post in this sub again, due to a dip, to buying those dips. \n\nYou've come a long way, bravo 👏", '1ci693m'], ['u/xtal_00', 19, '2024-05-02 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l294g4x/', 'Thanks for the discount sats yesterday.', '1ci693m'], ['u/AverageUnited3237', 11, '2024-05-02 16:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l294i7h/', "Thanks, trying to not let price dictate my emotions and trying to approach the market with more of a level head. I know where this is going long term, so I'm not trying to get caught in the short term noise.", '1ci693m'], ['u/mork1985', 19, '2024-05-02 17:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l297ti2/', 'Hadn’t seen it added, and I know it’s small potatoes, but BNP Paris allocated to IBIT in Q1 from their filing.\n\nHopefully a trickle will turn into a flood…\n\nhttps://x.com/bitcoinmagazine/status/1785952365951975884?s=46&t=C4V3QFGqwj7N72B1NKXv_g', '1ci693m'], ['u/bobsagetslover420', 11, '2024-05-02 17:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l299fpr/', 'Good thing most people are calling the bottom again. Definitely worked the last 50 times', '1ci693m'], ['u/Odd_Occasion_563', 24, '2024-05-02 18:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29ff9h/', 'Good thing Reddit posts are the key drivers of market movement 🤡', '1ci693m'], ['u/a06play', 17, '2024-05-02 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29j8h3/', "Timmy reads r/BitcoinMarkets and tells mother someone said it's going down, mother tells father, father tells Bob at the bar, the barman hears and smashes the sell button, spreads on his socials he heard some business men talk about bitcoin going down. News spreads all over tiktok about insider info, youtubers pick up on it, (random r/BitcoinMarkets user) watches it, posts about it going to 30k, Timmy reads the post....\n\nI hope I didn't offend anyone by putting Timmy's father being the business man and not his mother as the business woman, but she's an absolute milf and doesn't need to work.", '1ci693m'], ['u/CosbyTeamTriosby', 11, '2024-05-02 18:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29mff0/', 'does anyone know the ratio of red vs green days bitcoin has had in, say, the last 10 years?', '1ci693m'], ['u/classna', 29, '2024-05-02 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29o3oh/', 'Back at 59k after 4 years. Imagine my surprise', '1ci693m'], ['u/AccidentalArbitrage', 17, '2024-05-02 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29r9no/', "You didn't get enough downvotes posting this yesterday?", '1ci693m'], ['u/John_Crypto_Rambo', 12, '2024-05-02 19:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29wst1/', 'I just got this [exclusive pic](https://pbs.twimg.com/media/GMgW7RfWsAE31mt?format=jpg&name=medium) of ETF buyers.', '1ci693m'], ['u/itsthesecans', 37, '2024-05-02 20:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a1hac/', 'I just happen to have spreadsheet handy with prices from 6/20/2011 thru 12/5/2023.\n\n4465 Days total\n\n2292 Up\n\n2173 Down', '1ci693m'], ['u/itsthesecans', 14, '2024-05-02 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a3buf/', 'What can I say, I like to do analyses on an asset I have a substantial amount of my net worth in. Maybe its just me.', '1ci693m'], ['u/escendoergoexisto', 10, '2024-05-02 20:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a4bz1/', 'Awesome! Thanks for sharing this.', '1ci693m'], ['u/Outrageous-Net-7164', 18, '2024-05-02 20:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a7z89/', 'I desperately need a bull run continuation. Had a none regulated find pull a FTX on my this Morning. Luckily I’ve only lost 50k but there was over 10m in the fund. \n\nBTC will fix this.', '1ci693m'], ['u/John_Crypto_Rambo', 14, '2024-05-02 20:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a80m1/', 'I tried AI and they had no clue. You are irreplaceable, itsthesecans.', '1ci693m'], ['u/AverageUnited3237', 12, '2024-05-02 20:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a9ihw/', "How can a betting strategy be conservative exactly...? Gambling isn't really an activity that one can consider to be conservative. Feel free to share as much/as little as you'd like. That sucks man. Im really sorry to hear about this.", '1ci693m'], ['u/dopeboyrico', 10, '2024-05-02 22:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2aoghh/', 'Lower high of $59.3k broken.\n\nRemaining lower highs acting as areas of resistance are at $60.7k, $64.7k, $65.2k, $67k, $67.2k, $67.9k, $71.2k, $71.7k, $72.7k, and then ATH at $73.7k.\n\nAfter 6 consecutive days of net spot ETF outflows will spot ETF’s flip back to net inflows in order to help break a couple areas of resistance? We’ll see.', '1ci693m'], ['u/Beastly_Beast', 32, '2024-05-02 22:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2aqqsp/', 'Have some hopium! [https://imgur.com/omE1XMX](https://imgur.com/omE1XMX)\n\nThe Next Several Days Are Critical™️', '1ci693m'], ['u/zephyrmox', 11, '2024-05-02 22:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2attsp/', 'MSTR is tempting me a bit again. I know it will only bring me stress.', '1ci693m'], ['u/btctrader12', 11, '2024-05-02 22:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2auuvo/', 'Usually when we’ve had strong crashes that mark the beginning of a bear market, the volume has been much higher and volatility spikes. In this case, the volume has been very low and volatility is still going down. This will most likely end up being a fakeout', '1ci693m'], ['u/d1ez3', 10, '2024-05-02 23:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2b1bvw/', '$500,000 confirmed by Christmas. Thanks', '1ci693m'], ['u/xtal_00', 12, '2024-05-02 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2b4sfr/', 'Not many folks interested in selling down here. Bleed back up.', '1ci693m']]], ['u/Nice_Bear7522', 'Most haunted places in Hamilton?', 31, '2024-05-02 06:04', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are touring Oz, NZ, and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nOur bands studio album, An Unkindness, features members of Pearl Jam, New Found Glory, and Agent Fresco. Last year, we played Stephen Kings 75th birthday celebration. Next year, our upcoming single, “Feel Like a Fugitive”, will be on the soundtrack of Grand Theft Auto 6.\n\n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=wzVPNVoxTdin2JSg9AnGow', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/', '1ci6chv', [['u/Nice_Bear7522', 21, '2024-05-02 06:09', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l2765s3/', 'Errr, I clearly put NZ and Oz in the introduction. 🤷', '1ci6chv'], ['u/ammatheron', 27, '2024-05-02 06:16', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l276zeb/', "Tokanui Psychiatric Hospital about an hour south of hamilton. Not sure if been demolished yet and if it hasen't there might be a guard there because it's run down asf lol\n\ngratz on getting a track into GTA 6!", '1ci6chv'], ['u/EastSideDog', 10, '2024-05-02 06:16', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l277020/', 'Is the old hotel in Waitomo still around? That place is probably Haunted, not far out of Hamilton, you could also try the old Mental Hospital in Tokanui, they have guards and stuff there.', '1ci6chv'], ['u/rossbagsciggiedrags', 51, '2024-05-02 06:40', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l279nt3/', "If you can't secure a venue at one of these haunted places, get in touch with 'lastplace' it's a dive bar in Hamilton which puts on good gigs, only place in town which suits the bill I think", '1ci6chv'], ['u/Additional-Maize3980', 16, '2024-05-02 07:09', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27crym/', "Ex wife's house", '1ci6chv'], ['u/AshNdPikachu', 11, '2024-05-02 07:34', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27f8sg/', 'yeah tokanui is guarded, but you might be able to contact them (although im not sure how) and ask for permission to film there, they just dont like intruders', '1ci6chv'], ['u/Nice_Bear7522', 10, '2024-05-02 07:55', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27h5r2/', 'Seating capacity?', '1ci6chv'], ['u/gmcg01', 15, '2024-05-02 08:04', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27hz94/', 'Second this. Last Place is the best place.', '1ci6chv'], ['u/Additional-Maize3980', 23, '2024-05-02 08:05', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27i2a4/', 'Unlimited, also has easy entry - front door, back door wide open.', '1ci6chv']]], ['u/Rod_Todd_This_Is_God', 'The disappearance of the /r/RBI moderators', 463, '2024-05-02 06:29', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/', 'In the sidebar for this subreddit, you will find a list of moderators for the RBI subreddit, an invitation to message the moderators about any queries or concerns, and a claim that moderation logs are publicly available.\n\nHowever, there are as far as I know no known instances of the moderators (if they exist) ever replying to queries or concerns relayed to them as messages, and the link that purportedly brings us to the public moderation logs leads to nowhere in my computer\'s browser and to a "Bitcoinprotocol,org" site on my phone.\n\nMy investigation has led nowhere. Even my replies to comments they leave begging me ("please") to contact the moderators go unanswered. Do these people really exist? If so, what\'s the explanation for their delinquency? Why do they pretend that the moderation logs are publicly available?', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/', '1ci6rvk', [['u/Edgar_V483', 119, '2024-05-02 06:44', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27a32x/', "This is the first mystery I've seen upon arrival, truly this quite the conundrum", '1ci6rvk'], ['u/qgsdhjjb', 45, '2024-05-02 07:45', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27gaol/', 'Bet they got too close to the truth ;)', '1ci6rvk'], ['u/crvz25', 453, '2024-05-02 08:13', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27itax/', 'Sometimes even the bureau itself needs to be investigated', '1ci6rvk'], ['u/yappledapple', 14, '2024-05-02 09:17', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27oafw/', 'Maybe they quit when several subs shut down over changes?', '1ci6rvk'], ['u/mookie8809', 65, '2024-05-02 09:27', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27p58k/', 'This make me laugh out loud', '1c... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Block(NYSE: SQ)Q1 2024 Earnings CallMay 02, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block first quarter 2024 earnings conference call. Today's call will be 45 minutes. And I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our first quarter 2024 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward looking. These forward-looking statements include discussions of our outlook, strategy and guidance, as well as our long-term targets and goals.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nWe may decide to shift our priorities or move away from these targets and goals at any time. These statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered an indication of future performance.\nPlease take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further discussion during this call of Cash App's banking services referred to those offered by our bank partners.\nWithin these remarks, we will also discuss metrics related to our investment framework, including Rule of 40. With Rule of 40, we are evaluating the sum of our gross profit growth and adjusted operating income margin. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our investor relations website.\nThese non-GAAP measures are not intended to be a substitute for our GAAP results. Finally, this call, in its entirety, is being audio webcast on our investor relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nThank you all for joining us. In the last two quarters, I focused my shareholder letter on our priorities for Square and Cash App strategy to become one of the top providers of banking services. This quarter, my letter was focused on the Bitcoin strategy. If you haven't yet, please read that letter for details.\nBefore Amrita talks about our performance, there was a news report yesterday I wanted to address directly. In general, these sorts of stories can lack full context. First, we do not believe that there are any new investigation in the Block, but rather that these reports relate to the existing inquiry by the DOJ that we've previously disclosed. Second, there was critical information omitted from the article when it was first published.\nIn 2022, our compliance engineering risk team, who proactively investigates threats, identified signals that lead us to conduct a thorough review of transactions potentially associated with sanctioned countries. We voluntarily reported these to the Office of Foreign Assets Control, OFAC, where we were transparent with them, and we stand by the scope of the transactions that were included in the report. OFAC then issued us a No Action Letter in which they determine no further investigation or action was needed at the time. This is how the process is supposed to work and this outcome not originally included in the article.\nThird, as it relates to preventing terrorist financing via Bitcoin, we have a robust control environment in place to mitigate exposure from adversaries. For instance, we use industry-leading blockchain analytics firms to screen transactions in real time. We also maintain some of the most restrictive limits in the industry for on-chain Bitcoin withdrawals, which are deliberately calibrated to prevent bad activity. And of course, we require identity verification for customers engaging with our Bitcoin products and file suspicious activity reports when warranted, which is an important contributor to keeping the broader financial ecosystem safe and secure.\nWe take compliance seriously at Block. Our culture of compliance is foundational to our work. We have a radically transparent culture that supports us. Employees are empowered to raise issues through multiple channels, including directly to me or anonymously through our whistleblower hotline.\nWe continuously improve our compliance program based on the number of different inputs, including self-identified issues, audits and guidance from our regulators. Adversaries have always and will continue to try to exploit the global financial system. No company is perfect at preventing this. Our work is to constantly be steps ahead of their attacks through better use of technology.\nThis includes leveraging industry-leading machine learning models and product controls aimed at detecting and preventing bad activity in real time. It's an always-on part of our business, and it always will be. And with that, I'll turn it over to Amrita to talk about the quarter.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. I'll keep my remarks brief as we've included information on our performance and guidance in the financial discussion of our shareholder letter. We delivered strong results across the company during the first quarter. Gross profit was $2.09 billion, up 22% year over year, consistent with the fourth quarter.\nAdjusted EBITDA was $705 million, nearly doubling year over year. And adjusted operating income was $364 million, up seven times year over year. By business, Cash App's gross profit was $1.26 billion, up 25% year over year. And Square's gross profit was $820 million, up 19% year over year.\nGross profit outperformance compared to our guidance was mostly driven by Cash App. We saw strength across Buy Now, Pay Later, Bitcoin, Cash App Borrow and Cash App Card, where we had 24 million monthly actives. Inflows per active were up 11% year over year in the quarter for our highest growth since the fourth quarter of 2021. Square's GPV growth in the quarter was in line with our expectations as we saw continued moderation in same-store sales growth.\nThis was more than offset by strong attach rates on our broader ecosystem of software and banking products. Our profitability improved as we showed discipline across a range of expenses, ending the quarter below our 12,000-person cap and achieving leverage on corporate overhead expenses. For the 12 months ending in March, adjusted free cash flow was $1.1 billion, up more than 2.5 times compared to the prior 12 months, and represented 50% of adjusted EBITDA, an improvement, compared to the 36% conversion rate in the prior period. Turning to our expectations for the remainder of the year.\nWe are raising our full year 2024 guidance for both gross profit and profitability, not only reflecting the Q1 outperformance but also reflecting our raised expectations for the remainder of the year. For full year 2024, we are now expecting gross profit of at least $8.78 billion or 17% growth year over year. We expect Cash App's gross profit growth to moderate slightly from the first quarter's 25% as we lap some meaningful pricing and structural cost benefits, with relatively stable growth from the second quarter through fourth quarter. For Square, we expect gross profit growth to moderate from the first quarter's 19% growth rate as we lap strong banking performance and pricing changes from the prior year.\nIn the back half of the year, we expect GPV growth to be stable to improving behind more favorable same-store growth comparisons, with a narrowing delta between gross profit and GPV growth rates. We continue to focus on initiatives that improve our product velocity. These include several upcoming launches that further our strategies for Cash App and Square, most notably testing and rolling out Afterpay on Cash App Card and for Square, completing the orders migration this summer and conversion to a single app by year-end. These initiatives remain on track, and we expect them to benefit our growth into 2025 and beyond.\nFor profitability in 2024, we are now expecting at least $1.3 billion in adjusted operating income or 15% margins on gross profit. With efficiency initiatives underway to improve our structural costs and corporate overhead, we also see opportunities to invest in the back half of the year in high-return areas like sales and marketing that can drive future growth. Our updated guidance now implies a Rule of 32 for full year 2024. This is an improvement compared to 2023 and compared to our prior guidance of at least a Rule of 29 and progresses us toward our goal of achieving Rule of 40 in 2026.\nWith that, I'll now turn it back to the operator to start the Q&A portion of the call.\nOperator\n[Operator instructions] And your first question comes from Tien-tsin Huang at J.P. Morgan.\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nI wanted to, Jack, follow up on a question I asked you last quarter. I think, you mentioned that you expect much higher or faster product velocity from Block across the board, so just wondering if you can give us a progress report on that. Are you close to where you wanna be in launching and enhancing products? And I'm curious if some of the unannounced products that you're focused on are more about entering new categories is what I call it or are they more incremental to what you already have in place? I know a lot of investors have asked me about that, so I'll ask you.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. So we're focused on our development velocity in two main ways. One is making sure that we're much stronger in our engineering and design disciplines. We're putting much more focus on that work.\nThis did a big change here with Square just recently, to reorganize the team, to be more focused on engineering and design. And we'll start seeing that play through more and more in our work. And the second way we're doing is scoping, making sure that we're focused on the most important things. On the Square side, the most important thing that I want us to focus on right now is reliability, making sure that we stay up for sellers and that we have ways for them to work even if their networks fail, such as the off-line mode.\nThe second most is what we've talked about in the past, the focus on local and food and beverage. And there's a number of things that we're doing immediately to help not only with retention but with acquisition. Amrita mentioned our single app, which is on track to launch this year, so that we have a very simple call to action. Download Square and you have everything you need, including all of our banking products within one app.\nAnd then, onboarding is another big one. We have successfully taken our onboarding flow for Square sellers from about 15 steps and something that took people close to 20 minutes to complete down to two steps and takes under five minutes. We rolled it out to a small audience and watched what they're doing. And we saw all positive results, some much more positive than we're expecting, so we're gonna be rolling out that in the coming months.\nAnd that should have a pretty great effect on how we sign up new merchants. And most importantly, that they see more of our ecosystem and they want to stick around. And as we've talked about in the past, I think the best differentiator for us is the banking aspect of our ecosystem on the Square side. To the second point of your question, I think both on Cash App and Square, there are new products, of course, but there's a lot of work to get to parity with some of our competitors.\nThere's a lot of work to put some of the features that we've had into the hands of millions such as Afterpay on the Cash Card, which is going to continue to expand out this year and something we are super excited about. So a lot of work that is more iteration. And of course, we have some new products that we're thinking about as well. But the iteration stuff is really going to unlock a lot of new customers for us, we believe.\nOperator\nAnd we will take our next question from Timothy Chiodo with UBS.\nTim Chiodo--UBS -- Analyst\nI want to dig in a little bit on Cash App direct deposit net adds and the run rate that you might be seeing for new users. So last quarter, you mentioned that the addition of overdraft protection was helping to drive record gross adds for DD users. So I was wondering if the combination of that, plus high-yield savings and live phone support and maybe some other features, have really helped to maybe step up that run rate. So part of it is where is the run rate gone to today? And then, the second part is, if it could potentially step up further with the addition of maybe some newer products around Billpay or, as you mentioned, Afterpay being worked into the cash card or cash card BNPL as we call it.\nAmrita Ahuja--Chief Financial Officer\nTim, thanks for the question. Our top strategic priority, as you know, for Cash App is banking our base, which is about bringing more financial services to our 57 million monthly actives. Banking is not a new concept for us, but it is one that we started prioritizing in a more meaningful way recently. The last few years, we've been seeing organic adoption of direct deposit.\nNow we're focusing our efforts on driving this higher and winning that longer-term relationship with our customers. What we saw in March was that paycheck deposit actives grew on a quarter-over-quarter basis, with paycheck volumes growing faster than overall inflows. And as we think about continued growth here, there's two key areas of focus: one, around the product; and second, around how we go to market with those products. From a product perspective, we're not only prioritizing table stakes features but also how we can make those offerings more compelling than what you can get at a bank.\nWe're hearing our customers say they want products that allow them to bank without any worries. That's paying with checks. That's Billpay. That's a web offering.\nAnd we're hearing from our customers that they want to achieve their financial goals. That's initiatives around card spending insights, around our savings initiative, around Afterpay on Cash App Card. From a go-to-market perspective, with all of these products, and as we bring them together, we'll be looking to package these products in a way that makes it easier for customers to discover and understand our offerings through the app. Again, that's bundling that's packaging.\nAnd then, it's testing incentives and other ways to drive conversion. We haven't done much of that yet in terms of our go-to-market efforts with direct deposit. But you'll see us do much more of this as the features come together in the back half of this year and into next year. Similar to what we've seen with Cash App Card or with Cash App Borrow, it takes time.\nIt takes some time, several years, to get these to scale to where they are today. And we think similarly with bank or base and direct deposit, it's a multiyear effort, but it's one that we have deep conviction on and are very excited about.\nOperator\nWe will take our next question from Darrin Peller with Wolfe Research.\nDarrin Peller--Wolfe Research -- Analyst\nIt's great to see the ongoing improvement in EBITDA and the guide you guys gave now, a more notable increase than we expected so far, while at the same time, balancing it, with growth being strong. So I guess, in that context, if you can just give us a little more color on what you're identifying in terms of efficiencies now that it was able to drive that uptick? And maybe what's on the horizon? What else do you see in the model that can drive further progress on efficiencies for EBITDA going forward?\nAmrita Ahuja--Chief Financial Officer\nDarrin, thanks for the question. I'll start with the first quarter and then talk about what we're looking out for the full year. Obviously, what you saw, the first quarter was our highest-profitability metrics ever and a beat at the high end of our guidance of about $119 million from an adjusted OI perspective, with again, nearly doubling in terms of EBITDA on a year-over-year basis. I think, there's kind of three key things to point out.\nObviously, there's continued strong growth and momentum across each of the two ecosystems, Square and Cash App, with 19% growth and 25% growth, respectively. But from an expense discipline perspective, three key things I'd call out. First is our personnel cap, which is driving the right level of sharpening our strategy and prioritization and scoping our work, as Jack mentioned, and we remained under our 12,000-person cap at the end of the first quarter. Second, it's driving leverage across each of our areas of corporate overhead, whether it's T&E or professional fees, real estate, software and data fees.\nAnd third, it's around our structural costs and continuing to focus on ways that we can improve there. And do want to note, as we've called out in our shareholder letter, in the first quarter, we also benefited from $52 million in out-of-period items in Q1, mostly related to the releases of risk-loss provisions established in prior periods. So that's an important thing to note for the first quarter. More broadly, when we look at the full year, from a profitability perspective, we've raised our profitability expectations both in EBITDA and adjusted-OI basis not only for the full amount of outperformance relative to the high end of our guidance for Q1 but also an improved expectation for the remainder of the year where we expect to keep screws tight in terms of discipline and efficiency in how we run our business, but where we also see the flow-through of strong incremental margins in each of our businesses as we continue to grow Square and Cash App strongly for the remainder of the year, but also leaving room for us to invest in growth initiatives in the back half of the year.\nThat should benefit our future growth, particularly around sales and marketing. So those are the different levers that we're looking at and why we think we can drive continued profitability through the remainder of the year.\nOperator\nAnd we will take our next question from Harshita Rawat with Bernstein.\nHarshita Rawat--AllianceBernstein -- Analyst\nAmrita, can you elaborate on the drivers and quarterly cadence of the gross profit growth of 17%? You gave some first half, second half color earlier, but just maybe talk a little bit more there and also about the assumptions for Cash App and Square. And then also, just as a follow-up, Borrow and Square Loans scaled nicely over the past year and year or so. What determines your ability and willingness to continue to grow this revenue stream as credit is less benign?\nAmrita Ahuja--Chief Financial Officer\nSure. So let me start on our gross profit growth assumptions for the remainder of the year. So obviously, we've raised our full year guidance on both gross profit and profitability. We now expect gross profit of $8.78 billion, at least $8.78 billion for the full year, that equates to about 17% growth year over year.\nThat reflects both the outperformance during the first quarter mostly from Cash App with a modest beat from Square, as well as improved expectations for the remainder of the year. If you look at sort of breaking that down into its component parts, we expect Cash App will grow slightly faster than Square this year. We are gonna be lapping some of the structural cost improvements in the back half of the year. And our implied guidance for the second half demonstrates, at a Block level, mid-teens gross profit growth expectation with these changes around structural cost and pricing mostly behind us.\nMany of the key growth initiatives and strategies that we're hard at work at now and plan to be ramping through the back half of this year, whether it's Afterpay on Cash App Card, orders migration or the single app model, we expect to benefit our growth into 2025 and are less of a 2024 impact. That's sort of the cadence and the puts and takes around the remainder of the year. I think, the second question that you asked was around Borrow. We have seen strong growth on Borrow in the first quarter, with originations up more than two times year over year.\nThis is while we've been able to scale this product responsibly, with loss rates in line with what we've shared historically. This is growth that's primarily driven by increasing the number of loan actives while maintaining strict eligibility requirements. And not only does Borrow have strong positive unit economics on its own, net of risk loss as a stand-alone product, but it drives a really compelling ecosystem benefit through greater inflows into Cash App that are then spent or invested across a number of different monetized products. In fact, we see nearly 40% of Borrow monthly actives making a transaction on Cash App Card after receiving a Borrow loan.\nAnd we've seen strong conversion rates from those offered loans and repeat usage. Similar to what we see on a Square Loans product or a Buy Now, Pay Later product, we see that these products are very short in duration and act as sort of cash flow management or working capital products. So similarly with Borrow, we see repeat usage across Borrow monthly actives. And it's an area that we feel very strong about our machine learning and risk-loss capabilities behind the growth of this product, and so we are excited to continue to keep ramping it for our customers.\nOperator\nWe will take our next question from Ramsey El-Assal with Barclays.\nRamsey El-Assal--Barclays -- Analyst\nI wanted to ask about the integration of Afterpay and Buy No, Pay Later with the Cash App Card. How should we think about sizing the opportunity? In other words, which cash card customers or how many card customers would be eligible to use the Buy Now, Pay Later capability? And also, do you have any preliminary view of what the product might look like? Will users be able to toggle between credit and debit in the app, for example? Are there any other integrations like that that you could share with us?\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. I mean, so we're really excited about this integration. Just some context for you, we acquired Afterpay some time ago, and I would say that we forced an integration way too quickly. And now, having a fixed a bunch of those issues, the team is really executing on two main things.\nOne is discovery. And that is within the Cash App, bringing our Cash App network and bring the Square merchant network together. So a lot of visibility around local and a lot of what we hope to achieve with the power of our combined ecosystems, both on the merchant and the seller side. On the other side of that is the Cash App Card and how large that is and Cash App Pay, how large that network is growing to, and putting Afterpay on top of that as well.\nAfterpay on the Cash App Card, as I said earlier, is super exciting. We have started rolling it out. As with any product, we're looking at how people are using it, and we'll be making decisions on what it ultimately looks like when we roll it out 100% over time based on how people perceive it, how they use it, how they find it valuable or not valuable. But we think it's really exciting.\nAnd it's taking us some tend to get here, but we're finally here, so excited to see it roll out and for you all to be able to use it.\nAmrita Ahuja--Chief Financial Officer\nAnd I'll just add a couple of points of data around that, Ramsey. First, with the opportunity that we've got, with bringing Afterpay to Cash App card, this is having an already built-in audience of 24 million monthly actives who have spent more than $100 billion in total over the past year. Of course, we're going to start small and, as with any lending sort of product, start small and ramp based on the signals that we see, Where eligible actives will be able to easily convert certain purchases into an Afterpay transaction. As Jack said, we've begun testing here already.\nWe've seen strong attach rates and we're excited to scale this in the coming months. This brings visibility and the utility of Afterpay into Cash App much more directly than we've done so far and drive engagement around Buy Now, Pay Later which, on its own, is growing nicely for us: 25% GMV growth, 32% gross profit growth in the first quarter on a year-over-year basis. And it helps merchant partners who have access now to a much bigger network of customers across the Cash App ecosystem. Just the second piece, as Jack mentioned, Cash App Pay.\nThe strength in the growth of Cash App Pay wouldn't have happened if it wasn't for the enterprise sales team that Afterpay has built through the years, driving it across its network of merchants. And now, Cash App Pay is an example of a payment tool that customers can use regularly, and so we're giving customers the Cash App more and more ways that they can spend their funds and more reasons to inflow funds into Cash App. We ended the quarter, March had 4 million monthly actives across Cash App Pay, adding $1 million monthly active each of the last three quarters, while GMV was up 40%, more than 40%, quarter over quarter. So a very strong growth here, and I think more milestones toward proving out the integration between Cash App and Afterpay.\nOperator\nWe will take our next question from Trevor Williams with Jefferies.\nTrevor Williams--Jefferies -- Analyst\nI wanted to dig into seller GPV. The card-not-present in retail growth rates, those have lagged overall GPV growth pretty consistently over the last few quarters, if you could just unpack what some of the dynamics have been within both of those. And then, Amrita, on your comment that GPV growth could potentially accelerate in the second half, how much of that is comp-driven versus potentially starting to see some benefit from some of the go-to-market changes you guys have made?\nAmrita Ahuja--Chief Financial Officer\nYes. I mean, just to very directly answer the end of your question, I think most of it's likely more comp-driven in terms of more favorable comp, but we've got a tremendous amount of work underway that we hope will shift the tide on Square GPV into 2025. Now just to back up, Square GPV in the first quarter was up 9% year over year, which was in line with our expectations that we shared on the Q4 call. Again, gross profit growth, ahead of that based on the strength of our banking products and our SaaS attached products.\nU.S. growth was 6% in the quarter, while non-U.S. growth was 23% or 26% at constant currency. And as you noted, we expect, as we look ahead, to see stable to slightly improving GPV growth in the back half of the year.\nBut we are not satisfied with these growth rates, and we want to turn the tide. We think that increasing product velocity, as Jack shared earlier, and some of our go-to-market changes can improve growth in 2025. Specifically, I would point to orders migration, which helps us with critical features for food and beverage sellers and beauty in salons, like pre-authorization at bars or deposits for service and sellers. That work, as I mentioned earlier, is on track to be completed this summer; or onboarding flows where we're reducing the friction for new sellers to join the Square ecosystem from 10-plus minutes to a much more faster and intuitive onboarding experience.\nWe began testing that new onboarding flow with quick-service restaurant sellers. And as Jack noted, those results are encouraging, so we'll be rolling it out to our other verticals in July. And then, contracts. As we think about our go-to-market motion, our sales team and the tools that we give them are critical to be able to reach the sellers with more complex needs.\nAnd we rolled out contracts in the second half of '23. And what we saw from December to March was that the number of U.S. sales wins that had contracts attached more than doubled. It's early, but we're also seeing cohort retention improvement when contracts are deployed.\nSo we believe that there's more that we can do here as these products and features come together to lean in to go to market, especially in the back half of the year and into the future to improve the trend lines that we see across GPV.\nOperator\nWe will take our next question from Andrew Bauch with Wells Fargo.\nAndrew Bauch--Wells Fargo Securities -- Analyst\nI just wanted to expand on what you just said there around the go-to-market strategies and the improved product velocity. And maybe if you could help us understand what the value proposition of contracts really unlocks for you guys. And maybe if we can just layer that into some of the expanded franchise capabilities that you discussed. I mean, the Bitkey is better, like that's a win for Square that we haven't seen that magnitude in the past.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. Well, just to start on contracts, since you pointed it out, this is something we were against for many years in our funding because we saw what a lot of people were doing to small merchants. They're locking them into these pretty predatory contracts. And we still see some of our peers do this today.\nWe took a slightly different tact on it and also have a different goal. We recognize that there are merchants who appreciate contracts because it helps them with predictability of their cost and it allows us to get them free hardware. So if you were to look at just one point, it would be that. And from December to March, we saw the number of U.S.\nsales wins with contracts attached more than double. So this is really still early for us, but we're looking, we're observing what our peers are doing. We're observing customer needs, and we want to do something that is far more attractive and much better for the seller and therefore, for us. And it's working.\nA big portion of what we are doing on the go-to-market side is we're just experimenting a lot more. I think, in the past, we relied a little bit too much on one thing working. And when that thing didn't work, we switched the thing. Now we are focused on a big thing in our go-to-market, which is like really looking deeply at the product and the onboarding experience, of course, and just really focusing a lot on that, but also looking at doing experiments like field sales, like contracts, everything we've done around verticalization of our sales force.\nAll these things compound. And some of them will work, some of them won't work, and we'll invest heavily in the ones that do. But I think that experimentation mindset and being much faster to recognize when something is working or not working will help us really improve it, mirrored with everything that we're doing on the product side as well. On the franchise capabilities, yes, this is an opportunity for us.\nWe are focused a lot on food and beverage. We know there's a number of gaps that our competitors take advantage of. We are driving those home and fixing all of them. And our first goal is to get to parity on all the features that make us lose in food and beverage.\nAnd then, as we get to that this year, then it's a question of really showing people the depth and the breadth of our ecosystem. And this is where banking continues to be a stronghold for us and something that will really set us apart, in addition to our renewed focus on a better design product and a better engineered product that doesn't fail.\nOperator\nAnd we will take our next question from Jason Kupferberg with Bank of America.\nJason Kupferberg--Bank of America Merrill Lynch -- Analyst\nI wanted to stay here on the Square side for a minute. You had expected the gross profit growth to decelerate in Q1. It's, obviously, accelerated modestly. And I think you said, at a high level, software and banking, obviously, were drivers there.\nBut hoping you could go a little bit deeper into which specific parts of the software and the banking businesses and maybe touch on international a little bit also, just trying to unpack where the sources of upside surprise were because certainly good numbers to see there.\nAmrita Ahuja--Chief Financial Officer\nSure. Maybe just to unpack the drivers on the banking side first. What we saw was first quarter banking gross profit for Square grew 36% year over year and was the key driver of delta between gross profit and GPV growth. Unpacking that a bit more, what we saw was healthy repayment trends and strong organic volume growth drive results this quarter for banking.\nSquare Loans facilitated $1.32 billion in originations, up 17% year over year in the first quarter. Instant transfer also contributed as we lap now, in the second quarter, some of the pricing impacts, pricing increases, that we made in Q2 of last year. And then, gross profit from banking products in our international markets also continue to grow as we add more and more capabilities to more geographies. The recent launches of loans in Japan in January, for instance, has well exceeded our initial expectations.\nClearly, quick access to funds and a seamless product experience are true differentiators relative to existing financing options for SMBs in Japan. From an international perspective, in the first quarter, gross profit markets outside the U.S. grew 38% year over year and represented 13% of Square's gross profit. International GPV was up 23%.\nWe believe there is a significant long runway ahead for growth here as we're less than 1% penetrated in markets outside the U.S. And we've continued to see growth in our deeper vertical points of sale as well across the Square ecosystem. So each of the key strategic and focus areas for us continues to show outsized growth and will be areas that we lean into. Specifically on vertical points of sale, gross profit from products across retail restaurants and appointments grew 24% year over year in the first quarter.\nOperator\nWe will take our next question from Alex Markgraff with KBCM.\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nJust a couple on tax in direct deposit. Of the 40% tax actives, the positive refunds into cash, just curious what sort of overlap there might be with existing payroll direct deposit actives? And then, what exactly is entailed in sort of converting those folks that are not maybe overlapping today? And then, just as a quick follow-up, any sort of indication of inflows growth excluding the impact of any sort of tax refund growth.\nAmrita Ahuja--Chief Financial Officer\nSo as I noted, the paycheck direct deposit inflows grew faster than overall inflows, so that is neutralized for the tax impact in Q1, the sort of seasonal impact in Q1. More broadly, what I'd say about our tax initiative is that it represents a discovery initiative for us in bringing our direct deposit capabilities, the ability to get your funds faster through Cash App, and put it front and center for our customers as they're engaging in a deep financial services offering that we have a free one with taxes. And so, as you look at the broader base of direct deposits in Q1, that's clearly larger than the paycheck direct deposits alone. And we saw growth in that as well.\nBut really, the tax piece is about driving discovery and awareness around our broader financial services offering, including paycheck direct deposits. And it is a potential for us to convert more of those tax direct deposit customers in the paycheck direct deposit customers. A much broader opportunity for us, of course, is, as I mentioned earlier, around the key initiatives that we got from a product perspective around financial services and around bringing all of those initiatives together in bundling and in pricing that's compelling to our customers.\nOperator\nAnd we will take our next question from John Davis with Raymond James.\nJohn Davis--Raymond James -- Analyst\nJack, I just wanted to touch on the recent merchant settlement with the networks, both on the surcharging side, as well as the interchange cuts, and just thoughts on how that impacts the merchants and Square more specifically.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nSorry, what are you talking about here?\nJohn Davis--Raymond James -- Analyst\nSorry, the merchant settlement with Visa and Mastercard on the ability to surcharge, as well as the cut in interchange going into effect next year.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nI'm not sure how to answer the question. I haven't spent much time on this particular issue. I do know that it is an active conversation for a lot of sellers and their customers, and different countries have different policies on this. We don't have a surcharge ability on Square right now.\nWe are rolling that out in Australia where it is something that most merchants do. But no other comment on this.\nJohn Davis--Raymond James -- Analyst\nOK. Then maybe just Amrita, just a quick question on the sustainability of the 1,000-basis-point difference and kind of GPV growth in Square of 9% versus 19%. I know you noted Square banking growth was like mid-30s for the quarter. But how should we think about the relation between GPV growth and seller and GP growth throughout the balance of the year?\nAmrita Ahuja--Chief Financial Officer\nYes. As I noted in the interim remarks, what we expect to see is a narrowing of the gap or the delta between gross profit growth and GPV growth. That's as we see GPV growth in the back half of the year, we expect to be stable to improving behind more favorable same-store comparisons. So that's sort of the expectation that we see for the remainder of the year.\nAnd we expect gross profit growth to moderate a bit from the first quarter, 19%, as we lap some of that stronger banking performance and pricing changes from the prior year. Obviously, all of our key initiatives the Jack's been referencing related to Square. From a product and go-to-market perspective, we're hard at work on and believe that, as they hit throughout the remainder of the year, can turn the tide from the 2025 perspective.\nOperator\nAnd we will now take our final question from Bryan Keane with Deutsche Bank.\nBryan Keane--Deutsche Bank -- Analyst\nCongrats on the solid results here. I just want to ask about Afterpay. It really seemed to have turned a corner, with volume now having consistently growing 25% the last couple of quarters. Can you just maybe talk high level what's changed for Afterpay to get better growth? And then, obviously, the gross profit growth jumped this quarter to be higher than the volume.\nMaybe what are those drivers and the outlook there?\nAmrita Ahuja--Chief Financial Officer\nSure. I can start on this, which is we saw strong growth in the quarter, as you noted, both from a GMV perspective, and even more so from a gross profit perspective, GMV being similar to our Q4 growth rate at 25% but with gross profit at 32%, which is higher than the fourth quarter growth rate. What we saw with Afterpay was strong customer acquisition across both consumers and merchants with growth driven by single-use payments and our gift cards offering. Single-use payments is our product that allows customers across the U.K., U.S.\nand Australia to shop via the Afterpay app and merchants that aren't in Afterpay's network, so a broad set of merchants. And that enables us to reach highly engaged customers through personalized merchant recommendations in the app while also offering a flexible payment offering. And gift card is a product that allows eligible customers to purchase an online gift card from a variety of leading retailers and then spread it out across four payments with Afterpay. Afterpay's enterprise sales team also has been driving a strong pipeline of new merchant growth across all of these products, our core Buy Now, Pay Later products, as well as some of these newer products.\nSome of these newer products also do have improved monetization rate relative to Buy Now, Pay Later. And that, I think, is some of what you're seeing come through in terms of the stronger gross profit growth. Stepping back more broadly to the first part of your question, what's changed here is, as Jack noted, we've reset on our strategy and reorganized our team. Afterpay is now fully embedded in the Cash App ecosystem and operating at a high level of excellence between our sales team, our product-led teams and our customer-facing teams.\nAnd so, we're excited to see what's ahead not only for some of the stand-alone Afterpay initiatives but also the deeper integrations that we're doing with Afterpay on Cash App Card and with Cash App Pay, which has now strong growth, of which I think is very much attributable to the Afterpay team as well.\nOperator\n[Operator signoff]\nDuration: 0 minutes\nNikhil Dixit--Head of Investor Relations\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nAmrita Ahuja--Chief Financial Officer\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nTim Chiodo--UBS -- Analyst\nDarrin Peller--Wolfe Research -- Analyst\nHarshita Rawat--AllianceBernstein -- Analyst\nRamsey El-Assal--Barclays -- Analyst\nTrevor Williams--Jefferies -- Analyst\nAndrew Bauch--Wells Fargo Securities -- Analyst\nJason Kupferberg--Bank of America Merrill Lynch -- Analyst\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nJohn Davis--Raymond James -- Analyst\nBryan Keane--Deutsche Bank -- Analyst\nMore SQ analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has positions in and recommends Block. The Motley Fool has adisclosure policy.\nBlock (SQ) Q1 2024 Earnings Call Transcriptwas originally published by The Motley Fool", '• Stocks closed higher on Thursday ahead of Apple earnings and the April jobs report.\n• Economists predict 240,000 job gains for April, a slowdown from 303,000 in March.\n• Bank of America\'s Savita Subramanian said the stock market has more room to run even without a rate cut.\nUS indexes closed higher on Thursday ahead of Apple\'s earnings and a key labor report set to be published Friday morning.\nMajor averages edged up on Thursday, halting the two-day decline as mega-cap tech equities led the way while Treasury yields dipped.\nNvidiaspearheaded the rebound with nearly a 3% increase, whileMicrosoftgained roughly nearly 1%. Investors are bracing forAppleearnings after the closing bell, with the stock rising more than 2% heading into the results.Expectations are mixed, with investors eyeing slumping demand in China and a weak iPhone upgrade cycle.\nOn Friday, all eyes will be on the April nonfarm payroll report as a key indicator of the Fed\'s next move. Economists surveyed by Dow Jones predict 240,000 job gains, marking a deceleration from303,000 jobs added in March.\nCiti Bank\'s Veronica Clark recently said in a note that falling quits align with survey data indicating rapidly declining employment prospects, and slower hiring has coincided with an increase in unemployment.\n"We continue to see downside risks for upcoming employment reports, including April payrolls on Friday," she said in a note.\nMarkets have regained momentum since Fed Chairman Jerome Powell calmed investors fretting over the prospects of a rate hike coming this year, saying that a move up in the fed funds rate would be unlikely.\nBank of America\'s US equity head, Savita Subramanian, has said the stock market has more room to run even without looser monetary policy.\nWith high rates likely sticking around for longer, shetold Bloomberg TVon Thursday that "this is actually kind of a reasonable setup for equities."\n"I think we\'re going to a soft landing, with a reasonable market environment, maybe better growth ahead than what we\'re used to, higher rates and a little bit higher inflation," she said.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,064.22, up 0.91%\n• Dow Jones Industrial Average:38,225.66, up 0.85% (+322.37 points)\n• Nasdaq Composite: 15,840.96, up 1.51%\nHere\'s what else is going on:\n• Elon Musk has turned Tesla into a meme stock, economist J. Bradford DeLong says.\n• Billionaire \'bond king\' Bill Grosssays soaring Treasury issuance means bond yields can\'t come down anytime soon.\n• The specter of stagflation is back in the news.BofA says investors should buy these 2 areas of the market to capitalize.\n• The stock market\'s sell-off is overand the Fed gave 5 bullish signs to investors at its latest meeting, Fundstrat\'s Tom Lee says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude was about flat at $79.03 a barrel.Brent crude, the international benchmark, was up 0.3% to $83.70 a barrel.\n• Goldinched up to $2,312.30 an ounce.\n• The 10-year Treasury yield ticked down to 4.579%.\n• Bitcoinwas up 2.8% to trade at $59,217.\nRead the original article onBusiness Insider', "Coinbase Global(NASDAQ: COIN)Q1 2024 Earnings CallMay 02, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase first quarter 2024 earnings call. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase first quarter 2024 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using the Say Technologies platform to enable our shareholders to ask questions, and in addition, we will take some live questions from our research analysts. With that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. Q1 was a very strong quarter. We generated more adjusted EBITDA than we did all of last year. Keeping our cost structure low while continuing to innovate is really paying off.\nTo kick off today's call, I wanted to provide a progress update on the 2024 priorities that I shared on our Q4 call. As a refresher, they are fir Last 60 Days of Bitcoin's Closing Prices: [68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-03 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,225,100,635,200 - Hash Rate: 564979119.3860149 - Transaction Count: 442742.0 - Unique Addresses: 537019.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks climbed Thursday following Jerome Powell's testimony to Congress. • The S&P 500 and Nasdaq both hit record highs in trading. • Traders on Friday will be assessing the February nonfarm payroll report. US stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year. In his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won't begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy. The economy has proved resilient so far despite monetary policy tightening, in Powell's view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate. The S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively. Nvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple's market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy. Meanwhile, Thursday's jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations. Traders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January. Optimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America's top brass.Business Roundtable's quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years. Across the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:5,157.34, up 1.03% • Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points) • Nasdaq Composite:16,273.38, up 1.51% Here's what else is going on: • The stock market's most popular valuation tool isonly useful for the long term, an equity strategist said. • Bitcoin is replacing goldin many investors' portfolios. • Today's stock market ismissing two key bubble ingredients. • Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024. • China has snapped up a huge amount of gold for16 months in a row. • JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly. In commodities, bonds, and crypto: • Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel. • Goldedged higher 0.4% to $2,166.70 per ounce. • The10-year Treasury yieldedged lower to 4.09%. • Bitcoinclimbed 0.47% to $67,512. Read the original article onBusiness Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", "The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", '• US stocks soared on Friday, with the Nasdaq 100 closing higher by about 1% for the week.\n• Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher.\n• "The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation\'s David Russell said.\nUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year.\nTheUS economy added 175,000 jobs in April,well below economists\' forecast of 238,000 jobs and far short of the 303,000 added in March. Meanwhile, the unemployment rate ticked higher, to 3.9% from 3.8%. The jobs report also showed the slowest year-over-year wage growth since June 2021.\n"Worries about wage pressures have dragged on the market recently and today\'s number relieves some of those fears. The first quarter had several difficult numbers on the inflation front but the second quarter might be starting on a cooler footing. The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said in comments to Business Insider.\nThe light jobs report should ultimately give the Fed more flexibility in speeding up the timing of rate cuts, and bond yields fell significantly with that sentiment in mind. The 10-year Treasury note dropped 8 basis points to 4.50%.\nAlso helping boost stocks Friday wasApple, which surged about 7% afterit reported a better-than-feared second-quarter earnings report.The iPhone maker also launched a historic $110 billion stock-buyback program and increased its quarterly dividend by 4%, which was cheered by investors.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,127.79, up 1.26%\n• Dow Jones Industrial Average:38,675.68, up 1.18% (+450.02 points)\n• Nasdaq composite:16,156.33, up 1.99%\nHere\'s what else happened today:\n• Here\'s a breakdown of Apple\'s second-quarter earnings reportand comments from the company\'s earnings call.\n• The stock market\'s bull run will end in either a bubble or a recession, the Bank of America strategist Michael Hartnett said.\n• Apple\'s $110 billion stock-buyback program is worth more than the total value of companiesincluding Boeing, Chipotle, and Airbnb.\n• Treasury Secretary Janet Yellen voiced concerns to Congress about the difficulty of buying a starter home in America.\n• Amgen soared 16% after it talked up its new weight-loss drugthat could be administered monthly instead of weekly.\n• Trump Media stock dropped after the SEC charged its auditor with "massive fraud."\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.15% to $78.04 a barrel.Brent crude, the international benchmark, declined 0.98% to $82.85 a barrel.\n• Goldedged lower by 0.13% to $2,306.60 an ounce.\n• The 10-year Treasury yield fell 8 basis points to 4.50%.\n• Bitcoinjumped 4.51% to $61,748.\nRead the original article onBusiness Insider', "Retiring a millionaire doesn't happen by accident. It takes years of patience, discipline, and steady investment returns. Because of their simplicity, exchange-traded funds can be the perfect fit for any long-term investor.\nExchange-traded funds, or ETFs, are buckets of individual stocks that trade under one ticker. It's a simple way for investors to diversify their portfolios because a few ETFs can expose you to hundreds of companies.\nIt's still important to invest based on your personality and risk tolerance. So, here are three very different ETFs that can help you build wealth over decades and potentially hit that million-dollar mark by the time you retire.\nConsider starting with the basics. That would point you to theVanguard S&P 500 ETF(NYSEMKT: VOO), one of only two ETFs Warren Buffett's company,Berkshire Hathaway, holds in its multibillion-dollar stock portfolio. The idea of this fund is simple. TheS&P 500is an index of 500 of America's most prominent companies. Think of the household names that everyone, even non-investors, knows. The index weighs them by theirmarket capto make the index, which has historically been remarkably effective at building wealth, averaging roughly 10% annual returns over the long term.\nVanguard S&P 500 ETF's top-10 largest positions include:\n1. Microsoft: 7.08%\n2. Apple: 5.63%\n3. Nvidia: 5.05%\n4. Amazon: 3.73%\n5. Meta Platforms: 2.42%\n6. Alphabet Class A: 2.01%\n7. Berkshire Hathaway Class B: 1.73%\n8. Alphabet Class C: 1.70%\n9. Eli Lilly & Co: 1.40%\n10. Broadcom: 1.32%\nYou should include this fund in your portfolio because the S&P 500 ultimately represents the best companies from the world's best economy. It's always recovered from wars, recessions, and other crises to hit new highs. You don't have to make it overly complicated. Just buy and hold this stand-in for the broader stock market.\nTruly diversifying your investments means stepping outside the world of individual companies and considering new assets altogether. Consider theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC). This is the prominent ETF centered aroundBitcoin.\nGrayscale Bitcoin Trust ETF offers the best of both worlds. Investors can benefit from Bitcoin's price movement by owning shares, which have far outpaced the broader stock market over the past decade. Why would you own the fund instead of just buying Bitcoin? Well, owning shares of the fund is handled just like owning any other stock. You can stash it in your stock portfolio, and the security is monitored by the Securities and Exchange Commission (SEC).\nMeanwhile, owning Bitcoin yourself could mean having to deal with storing the tokens, which could backfire if you forget your password, which has infamously locked some early Bitcoin investors out of their millions of dollars worth of crypto. Grayscale Bitcoin Trust ETF is theeasy buttonof investing in Bitcoin, and there's nothing wrong with going that route.\nLet's stick with the theme of new asset classes. Sometimes, investors want passive income and aren't necessarily interested in maximizing price-based returns. TheiShares 20+ Year Treasury Bond ETF(NASDAQ: TLT)could be for you. It's a fund of U.S. Treasury bonds, all with at least 20 years remaining until maturity.\nThe fund has averaged a nearly 4% yield over the past 12 months and 4.75% over the last 30 days. Its beta of 0.6 implies that the fund is less volatile than the broader stock market. In other words, the iShares 20+ Year Treasury Bond ETF is a glacier where investors can store money and expect safe passive income relative to stocks.\nInvestors in their 20s can probably avoid this fund due to its conservative nature; they have the time horizon to lean wholly into maximizing growth. However, it would be best to consider adding some Treasury bonds to your portfolio as you age and your margin for investing error shrinks. Treasury bonds are a great place to find low-risk income; this fund makes it easy for you.\nBefore you buy stock in Vanguard S&P 500 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Vanguard S&P 500 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Justin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Bitcoin, Meta Platforms, Microsoft, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nWant $1 Million in Retirement? 3 ETFs to Buy Now and Hold for Decades.was originally published by The Motley Fool", 'MOSCOW (Reuters) - Alexander Vinnik, a Russian suspected cybercrime kingpin who was arrested in Greece in 2017, convicted of money laundering in France three years later and is now awaiting trial in California, has pleaded partially guilty, TASS news agency cited his lawyer as saying on Saturday.\nThe lawyer, Arkady Bukh, said that as a result of the plea bargain he now expected Vinnik to get a prison term of less than 10 years.\n"He pleaded guilty on a restricted number of charges," TASS quoted Bukh as saying, adding that Vinnik had faced life imprisonment.\n"The culmination of the negotiations was a deal with the prosecutor\'s office. We expect that the prison term will be up to 10 years."\nVinnik, accused of laundering more than $4 billion through the digital currency bitcoin, was arrested in 2017 in Greece at the request of the United States, although Moscow has repeatedly demanded he be returned to Russia.\nHe was extradited to France from Greece where he was sentenced to five years in prison for money laundering before he was sent back to Greece and then on to the United States in 2022.\nThe U.S. Department of Justice has said Vinnik "allegedly owned, operated, and administrated BTC-e, a significant cybercrime and online money laundering entity that allowed its users to trade in bitcoin with high levels of anonymity and developed a customer base heavily reliant on criminal activity."\nThe maximum penalty for the U.S. charges against Vinnik is 55 years in prison, according to the U.S. Department of Justice website.\n(Reporting by Vladimir Soldatkin; Editing by Frances Kerry)', "History shows that during bull markets,Bitcoin(CRYPTO: BTC)miners almost always outperform the cryptocurrency itself. Yet over the past few months, Bitcoin miners have been hit particularly hard as investors poured intospot Bitcoin ETFsas a means of Bitcoin exposure via the stock market, a role miners previously served. Making matters worse, Bitcoin recently underwent its fourthhalving, an event that cut the block reward paid to miners in half, effectively cutting their main source of revenue.\nFor miners, without a significant price surge, they face a serious challenge to stay afloat and keep their stock prices up. While history has shown that halving usually precedes surges in Bitcoin's price and pulled many mining stocks with it, investing in this industry isn't easy. Before choosing a Bitcoin mining company to your portfolio, make sure you consider these three things.\nFacing a significant decrease in revenue, one of the clearest strategies to offset the effect of the halving is to increase mining production. Therefore, investors should prioritize companies that have clear strategies and initiatives in place to scale up their mining operations.\nThis requires investments in additional mining hardware, infrastructure, and operational resources. Investors should seek out companies that demonstrate a commitment to expanding their mining capacity and have concrete plans for growing operations.\nTypically, the easiest way to quantify just how much a company plans on growing its capacity is by evaluating a metric known as hash rate. Measured in exahashes per second (EH/s), the general thinking goes that the greater the hash rate, the more Bitcoins a company can mine. While only one part of the equation that goes into researching a company's potential, investors should make sure they are choosing miners with clear plans to increase hashrate.\nWhile increasing production is essential for maximizing revenue, it is equally, and likely more, important to ensure that a company's mining operations are efficient and cost-effective.\nEfficiency in Bitcoin mining is closely tied to the cost of electricity, which is one of the most significant expenses for mining operations. Optimizing efficiency can be accomplished in three primary ways.\nFirst is access to cheap energy sources. With readily available energy at a low cost, companies can power more computers to mine Bitcoin.\nThe second factor is related to mining equipment. Like any computer, older models typically consume more energy. In addition, they also require additional resources to keep equipment from overheating. Companies that invest in new miners are better suited to keep costs low. Not to mention, they're also more capable when it comes to mining Bitcoins.\nThe third aspect comes down to pure business operations. Investors should focus on investing in companies that have proven experience managing maintenance costs, have minimal operational overhead, and few financial liabilities.\nAdd it all up, and like hash rate, there is a simple way to measure each company's efficiency. Found on almost every company's quarterly earnings statements is the average cost it takes to mine one Bitcoin. In a perfect world, a company would have a high hash rate with a low average cost per Bitcoin mined.\nThe majority of Bitcoin mining companies share more similarities than differences. However, each one possesses some characteristic that makes them unique. Let's call them X factors. These distinguishing factors can play a crucial role in helping investors evaluate and differentiate between mining companies.\nThese X factors can come in various forms. For instance,Riot Blockchain's(NASDAQ: RIOT)unique energy consumption model sets it apart from the crowd. Located in Texas, Riot benefits from access to cheap and inexpensive energy. But due to Texas' unique energy grid, it also has the ability to sell surplus electricity back to the grid when the cost to mine Bitcoin would outweigh potential profits.\nSimilarly,Marathon Digital Holdings(NASDAQ: MARA)stands out with its introduction of Bitcoin sidechains, representing a strategic move to diversify revenue streams and expand its business operations. While still in its early stages, the potential of Bitcoin sidechains to generate additional income presents an exciting opportunity for Marathon and underscores its forward-thinking approach to innovation within the industry.\nThese X factors are just two small examples, but they serve as essential considerations for investors seeking to identify potential winners in the Bitcoin mining sector. By carefully evaluating each company's unique attributes and assessing their implications for future growth and profitability, investors can make informed decisions and identify potential winners in the highly competitive Bitcoin mining sector.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRJ Fultonhas positions in Bitcoin and Riot Platforms. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Halving and Bitcoin Mining: 3 Things to Know Before Investing in This Explosive Industrywas originally published by The Motley Fool", "History shows that during bull markets,Bitcoin(CRYPTO: BTC)miners almost always outperform the cryptocurrency itself. Yet over the past few months, Bitcoin miners have been hit particularly hard as investors poured intospot Bitcoin ETFsas a means of Bitcoin exposure via the stock market, a role miners previously served. Making matters worse, Bitcoin recently underwent its fourthhalving, an event that cut the block reward paid to miners in half, effectively cutting their main source of revenue.\nFor miners, without a significant price surge, they face a serious challenge to stay afloat and keep their stock prices up. While history has shown that halving usually precedes surges in Bitcoin's price and pulled many mining stocks with it, investing in this industry isn't easy. Before choosing a Bitcoin mining company to your portfolio, make sure you consider these three things.\nFacing a significant decrease in revenue, one of the clearest strategies to offset the effect of the halving is to increase mining production. Therefore, investors should prioritize companies that have clear strategies and initiatives in place to scale up their mining operations.\nThis requires investments in additional mining hardware, infrastructure, and operational resources. Investors should seek out companies that demonstrate a commitment to expanding their mining capacity and have concrete plans for growing operations.\nTypically, the easiest way to quantify just how much a company plans on growing its capacity is by evaluating a metric known as hash rate. Measured in exahashes per second (EH/s), the general thinking goes that the greater the hash rate, the more Bitcoins a company can mine. While only one part of the equation that goes into researching a company's potential, investors should make sure they are choosing miners with clear plans to increase hashrate.\nWhile increasing production is essential for maximizing revenue, it is equally, and likely more, important to ensure that a company's mining operations are efficient and cost-effective.\nEfficiency in Bitcoin mining is closely tied to the cost of electricity, which is one of the most significant expenses for mining operations. Optimizing efficiency can be accomplished in three primary ways.\nFirst is access to cheap energy sources. With readily available energy at a low cost, companies can power more computers to mine Bitcoin.\nThe second factor is related to mining equipment. Like any computer, older models typically consume more energy. In addition, they also require additional resources to keep equipment from overheating. Companies that invest in new miners are better suited to keep costs low. Not to mention, they're also more capable when it comes to mining Bitcoins.\nThe third aspect comes down to pure business operations. Investors should focus on investing in companies that have proven experience managing maintenance costs, have minimal operational overhead, and few financial liabilities.\nAdd it all up, and like hash rate, there is a simple way to measure each company's efficiency. Found on almost every company's quarterly earnings statements is the average cost it takes to mine one Bitcoin. In a perfect world, a company would have a high hash rate with a low average cost per Bitcoin mined.\nThe majority of Bitcoin mining companies share more similarities than differences. However, each one possesses some characteristic that makes them unique. Let's call them X factors. These distinguishing factors can play a crucial role in helping investors evaluate and differentiate between mining companies.\nThese X factors can come in various forms. For instance,Riot Blockchain's(NASDAQ: RIOT)unique energy consumption model sets it apart from the crowd. Located in Texas, Riot benefits from access to cheap and inexpensive energy. But due to Texas' unique energy grid, it also has the ability to sell surplus electricity back to the grid when the cost to mine Bitcoin would outweigh potential profits.\nSimilarly,Marathon Digital Holdings(NASDAQ: MARA)stands out with its introduction of Bitcoin sidechains, representing a strategic move to diversify revenue streams and expand its business operations. While still in its early stages, the potential of Bitcoin sidechains to generate additional income presents an exciting opportunity for Marathon and underscores its forward-thinking approach to innovation within the industry.\nThese X factors are just two small examples, but they serve as essential considerations for investors seeking to identify potential winners in the Bitcoin mining sector. By carefully evaluating each company's unique attributes and assessing their implications for future growth and profitability, investors can make informed decisions and identify potential winners in the highly competitive Bitcoin mining sector.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRJ Fultonhas positions in Bitcoin and Riot Platforms. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Halving and Bitcoin Mining: 3 Things to Know Before Investing in This Explosive Industrywas originally published by The Motley Fool", "Back in October, investment firm Bernstein predicted thatBitcoin(CRYPTO: BTC)would skyrocket to a price of $150,000 by mid-2025. At the time, Bitcoin was trading for around $35,000, the new spot Bitcoin ETFs had not yet been introduced, and the much-anticipated halving had not yet occurred.\nSix months later, it's safe to say that everything is going according to plan. In fact, Bernstein recently doubled down on its $150,000 price forecast for Bitcoin. As they see it, the case for investing in Bitcoin has become more attractive than ever. So, despite the recent dip in price, should you be buying Bitcoin?\nAccording to Bernstein, the primary factor in Bitcoin's favor right now arethe new spot Bitcoin ETFs. Ever since their launch in January, they have accumulated more than $30 billion in assets under management. By just about any metric, they have been a huge success.\nThe top ETF by a wide margin is theiShares Bitcoin Trust(NASDAQ: IBIT), which has pulled in a staggering $17 billion all by itself. It now holds over 200,000 bitcoins, or more than 1% of all Bitcoin now in circulation. Until the very end of April, this ETF had a staggering 71-day run of positive inflows. This is one of the best performances of all time for a new ETF, and until recently, it seemed like the money was never going to stop flowing.\nWhile spot Bitcoin ETFs have been approved all over the world, from Canada to Hong Kong, they aren't even close to matching the new U.S. Bitcoin ETFs in terms of size. Back in October, Bernstein estimated that these U.S.-based ETFs would eventually account for 10% of all circulating Bitcoin, or about 2 million bitcoins.\nThat leads me to think that we still have quite a ways to go with this Bitcoin ETF cycle. Most notably, we are still only at a point where investment advisors are recommending a portfolio allocation of 1% for Bitcoin. What happens when they start moving that figure even higher, to the 5% level? One would expect the flood of new Bitcoin money to turn into a tsunami, as some originally expected back in October.\nThe really good news is that, even if there is a slowdown in new investor flows into the Bitcoin ETFs, we have a second catalyst to bail us out:the halving. Granted, the halving, which took place on April 19, has been a bit of a nothing-burger to date. On April 19, the price of Bitcoin was $64,000. Heading into May, the price has actually dipped below $60,000.\nBut consider the bigger picture. There have been three previous Bitcoin halving cycles, each one approximately 12 to 18 months in duration. And in each previous Bitcoin halving cycle (in 2012, 2016, 2020), the price of Bitcoin has reached another all-time high after going on an absolutely epic bull market rally.\nSo there's still plenty of time for the halving to work its magic. Nobody -- except a cadre of brave Bitcoin bulls on social media -- seriously expected Bitcoin to skyrocket in value overnight. Bernstein expects Bitcoin to hit $90,000 by the end of this year before going on a monster rally in 2025.\nGiven the above, Bitcoin looks like a strong buy right now. First and foremost, you have the impact of the Bitcoin ETFs. More money flowing into them over the foreseeable future should help to boost the price of Bitcoin. And, as a secondary factor, there's the halving. When taken together, it's easy to see why price forecasts for Bitcoin seem to be rising higher with every passing month.\nOf course, a lot could still go wrong. Geopolitical tensions could boil over in a number of hotspots around the world. Or the U.S. economy could continue to stumble along. But I'll take my chances. Right now, I'm with Bernstein in thinking that Bitcoin could soar to $150,000 by mid-2025. If anything, more uncertainty in the world will only make Bitcoin a better buy than it already is.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency Will Soar 150% By 2025, According to Bernstein. Is It a Buy?was originally published by The Motley Fool", 'The boss of £2.8bn share trading business eToro has poured cold water on the prospect of a London float, saying British technology stocks are “lagging behind” US peers as the Israeli business prepares to go public.\nYoni Assia, the 43-year-old boss of the digital investment business, said market conditions in New York were currently more favourable, as eToro considers a long-awaited debut on public markets.\n“Right now we are at the early stage of markets heating up,” Mr Assia told The Telegraph. “Over the past roughly three to four months you have suddenly\xa0seen the [valuation]multiples come back into fintech and growth\xa0in the USand right now Europe and the UK are still lagging behind.”\nThe suggestion that eToro will snub the London Stock Exchange comes despite the fact that the online trading business makes the majority of its revenues from Europe and the UK – its biggest market. The company, which has over 30 million registered users, employs around 60 people in Canary Wharf.\nBritish technology entrepreneurs and investors have long complained thatAmerica’s public markets offer more generous valuationsand have a deeper pool of investors than the City of London.\nMr Assia’s apparent reluctance to plot a listing in London will fuel fears thatthe stock market is in terminal decline.\nThe London Stock Exchange has recently suffered an exodus of companies through delistings and takeovers,including cyber security business Darktracewhich is in the process of a £4.3bn takeover by private equity. Meanwhile, companies including Cambridge-based chip giant Arm have turned their back on London in favour of listing in New York.\nMr Assia previously told The Telegraph as far back as 2018 eToro was open to a future London listing. However, the prospect that the Israeli fintech champion will choose London over New York appears increasingly remote.\nIn 2022, the Israeli trading business targeted a US listing by merging with a special purpose acquisition company. At the height of booming demand for financial technology stocks, it would have valued the business at over $10bn.\nHowever, the deal fell through last year and eToro is now worth a more modest $3.5bn (£2.8bn) after a $250m funding round last year. That valuation would still make eToro one of the biggest floats on the London Stock Exchange this year, should it choose the LSE.\nMr Assia says the company is in an “active dialogue” about the right location for a float, adding that it would make sense to list where the business has the “highest support of the relevant investors”.\nIts major investors include Japan’s SoftBank and US firms including Wellington, Third Point and Fidelity.\nMr Assia said: “We have been ready [to go public] since 2021. We always need to refresh IPO readiness, but I do think the company is at the size and scale to become a public company.”\nObservers have blamed the waning appeal of the London stock market on low valuations in the UK compared to rival markets, low pay for executives of UK-listed companies and a reluctance by both British money managers and retail investors to buy British.\nMr Assia has built his business on the back of stock and cryptocurrency investment, appealing to retail investors in Britain.\nHowever, he said many of eToro’s clients – particularly younger ones – wanted to invest in US stocks rather than British equities.\nHe said: “A lot of retail investors, younger generations, understand that they need to start educating themselves about the markets, investing in global markets, starting with the US.”\neToro enjoyed a surge in business during the “meme stocks” phenomenon in the pandemic. Speculators around the world bet on unloved companies fuelled by social media braggadocio and FOMO.\nDespite concerns that the trend left young and inexperienced investors nursing losses, Mr Assia defended the meme stock phenomenon.\nHe said: “Young people are often interested in very volatile opportunities. We believe it is okay to try and capture those opportunities, as long as customers are understanding the risks they are taking.”\nMore recently, US technology stocks have enjoyed booming interest from amateur investors who have flocked to popular brands such as Tesla and Apple.\nConversely, the proportion of UK shares held by British individuals has fallen from 12pc in 2021 to 10.8pc in 2022, according to the Office for National Statistics.\nThe Government has been looking at ways to reinforce Britain’s capital markets and boost investment, with Chancellor Jeremy Hunt unveiling a series of reforms in his Mansion House speech last year.\neToro is planning to bolster its offering of London-listed stocks in the coming months, challenging the likes of Hargreaves Lansdown and AJ Bell. Currently, it offers around 300 UK stocks compared to several thousand across the Nasdaq and New York Stock Exchange.\nMr Assia said: “We are planning to add about 1,000 UK stocks in the coming weeks and expanding our relationship with the LSE for better execution.” He recently met with Julia Hoggett, the chief executive of the London Stock Exchange, to discuss the expansion.\neToro is also looking to boost its Isa offering and is receptive to the idea of a British Isa, proposed by Chancellor Jeremy Hunt, which would provide a £5,000 tax-free allowance to invest in UK stocks.\nThere are calls for the Chancellor to go further: investment advisers and brokers have suggested scrapping or reforming stamp duty on share transactions, currently a 0.5pc levy.\nMr Assia said: “It creates a disincentive to trade.”\nSome of eToro’s other offerings are more speculative than simple shares. The Israeli business was quick to offer cryptocurrencies such as Bitcoin, and now provides a variety of the digital assets – many of which have little apparent utility.\nIn 2022, it bought an expensive Super Bowl advert at the so-called “crypto bowl” where companies including Coinbase, Crypto.com and the now bankrupt FTX splashed out on prime-time adverts.\nThe cryptocurrency industry has long attracted scrutiny amid fears it can be used for money laundering and that it is replete with scams. In a report published last week, it emerged the Financial Conduct Authority (FCA) opened 95 money-laundering cases last year against cryptocurrency businesses, out of a total of 375 investigations.\nUnlike many cryptocurrency businesses, eToro is regulated in the UK under the FCA’s crypto asset regime. Mr Assia says the FCA represents the “gold standard” for cryptocurrency trading.\nFounded in Tel Aviv in 2007 by Mr Assia and his brother, Ronen, eToro made profits of more than $100m last year on revenues of $630m.\nDespite its Israeli origins, Mr Assia said he considered Britain and Europe to be eToro’s “home market”.\nIsrael’s tech sector, like the rest of the economy, has been rocked bythe country’s war with Hamas. Workers have been called up to the military, while those staying behind have been forced to retreat to bomb shelters in between meetings.\nMr Assia, who lives in Israel, downplayed the impact on eToro.\nHe said: “We haven’t seen any impact to the day-to-day operations of the company. Roughly half our personnel are in Israel.\n“We have always been prepared from coronavirus to work from home... We are actually required by all the various regulators to have disaster recovery sites and global systems, all of that has been in place.”\nHe added: “We still have a team of developers in Ukraine.”\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', "Cboe Global Markets, Inc. (AMEX:CBOE) Q1 2024 Earnings Call Transcript May 3, 2024\nCboe Global Markets, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Ladies and gentlemen, thank you for standing by. Welcome everyone to the Cboe Global Markets First Quarter Earnings Call. [Operator Instructions] I would now like to hand the call over to Mr. Ken Hill, Vice President of Investor Relations and Treasurer. You may begin your conference.\nKenneth Hill:Good morning and thank you for joining us for our first quarter earnings conference call. On the call today, Fred Tomczyk, our CEO; and Dave Howson, our Global President; will discuss our performance for the quarter and provide an update on the strategic initiatives. Then Jill Griebenow, our Chief Financial Officer, will provide an overview of our financial results for the quarter, as well as discuss our 2024 financial outlook. Following their comments, we will open the call to Q&A. Also joining us for Q&A will be Chris Isaacson, our Chief Operating Officer. I would like to point out that this presentation will include the use of slides. We will be showing the slides and providing commentary on each. A downloadable copy of the slide presentation is available on the Investor Relations portion of our website.\nDuring our remarks, we will make some forward-looking statements which represent our current judgment on what the future may hold. And while we believe these judgments are reasonable, these forward-looking statements are not guarantees of future performance and involve certain assumptions, risks and uncertainties. Actual performances and results may differ materially from what is expressed or implied in any forward-looking statements. Please refer to our filings with the SEC for a full discussion of the factors that may affect any forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, after this call. During this call, we will be referring to non-GAAP measures as defined and reconciled in our earnings materials.\nNow, I'd like to turn the call over to Fred.\nFred Tomczyk:Thanks, Ken and good morning, everyone and thanks for joining us today. I'm pleased to report on strong first quarter results for Cboe Global Markets. During the quarter, we grew net revenues 7% year-over-year to a record $502 million and adjusted diluted earnings per share by 13% to $2.15. These solid results were driven by strong volumes across our Derivatives franchise, specifically our proprietary index option products, continued expansion of our Data and Access Solutions business and disciplined expense management. Our Derivatives business delivered another strong quarter as organic net revenue increased 8% year-over-year. We saw strong volumes across our suite of S&P 500 Index option products with first quarter ADV and the SPX contract increasing 17% year-over-year to 3.2 million contracts.\nWe have also seen solid performance in our volatility product suite during the first quarter with VIX futures and options volumes further accelerating in April. Given the secular and cyclical tailwinds in place, we are well positioned as investors continue to utilize options in their portfolio and trading strategies. Our Data and Access Solutions business continued to perform well during the quarter with organic net revenue increasing 8% year-over-year. We continue to see durability in this business as we leveraged our global network and ecosystem of Data and Access Solutions to drive growth. Net revenue in our Cash and Spot Markets business were stable during the quarter as volume across global equity markets remain muted. Overall, it was a strong quarter for both, transaction and non-transaction revenue growth to start the year.\nI continue to remain focused on 3 priorities that I believe will further strengthen Cboe and support our longer-term growth strategy. First, sharpening our strategic focus on areas where we see strategic growth opportunities for Cboe. Second, the effective allocation of our capital. And third, developing talent and management succession. As part of our strategic review process coupled with the lack of regulatory clarity in the digital space, last week we announced plans to refocus our digital asset business to leverage our core strengths in derivatives, technology and product innovation, while realizing operating efficiencies for both, Cboe and our clients. We plan to transition and fully integrate our digital assets derivatives, currently offered by Cboe Digital into our existing global derivatives, harnessing the power of our global derivatives franchise and global technology platform to help support and fuel growth of the exchange-traded crypto derivatives market.\nWe plan to migrate our cash-settled Bitcoin and Ether futures contracts trading on Cboe's digital exchange to the Cboe futures exchange in the first half of 2025 pending regulatory review and certain corporate approvals. Additionally, we plan to wind down operations of the Cboe Digital Spot Market, our digital asset trading platform in the third quarter of 2024, subject to regulatory review. The lack of clarity on the U.S. regulatory front for the cash spot business, combined with the lack of any timeline to provide that clarity among other considerations has given us cause to change our strategic direction in the digital business to focus on where we have regulatory clarity and leverage our core strengths of derivatives, technology and product innovation.\nWith these changes, we are re-allocating resources to focus on where we see as the greatest opportunity for growth and profitability which is the continued expansion of our global derivatives franchise. On the clearing side, we plan to align and unify our clearing operations globally and intend to maintain Cboe Clear Digital which will continue to clear our Bitcoin and Ether futures. We believe these changes provide an opportunity to leverage our global derivatives platform, enhance efficiencies and sharpen our focus. Optimizing our business operations and product development across borders and asset classes enables us to better serve our diverse client base and sharpen our strategic focus. We continue to develop leadership in all functions across the company and optimize our organizational structure to support our global strategy.\nThis realignment of our digital business into our derivatives and clearing business lines creates continued opportunities for development and growth within our senior leadership team. Finally, we continue to execute on a disciplined capital allocation strategy. The steps we are taking in our digital business illustrate our intent to allocate our resources and capital to the areas where we see the best returns for our firm. Also, as demonstrated during the first quarter and through April, share repurchases remain an important component of our capital allocation framework, one we plan to continue to use opportunistically in the market. Overall, we remain committed to maintaining a flexible balance sheet while investing in organic growth initiatives, our technology capabilities and operating efficiencies, thereby driving durable revenue expansion, optimized margins and earnings growth for our stakeholders.\nI will now turn the call over to Dave Howson to talk through how we are driving results within our strategy.\nDavid Howson:Thanks, Fred. Starting with the strong results in the global derivatives category. Despite the cyclical headwind of low volatility in Q1 with the VIX Index averaging just 13.7%, the lowest in over 5 years, SPX options volume remains strong. Average daily volume was up a robust 17% year-over-year to 3.2 million contracts, finishing just shy of the all-time high set in Q4 last year. In fact, January and February ranked as the second and third highest SPX volume month on record through the first quarter. We believe investors took advantage of the low levels of volatility to more cheaply hedge their portfolio with SPX puts making up a higher share of the total volume. Hedging demand was particularly strong in our VIX auction suite with VIX core volume ADV up 4% quarter-over-quarter to over 500,000 contracts as investors took advantage of the low levels of VIX to our cheap tail protection.\nThe resilience of our index options volume in the face of cyclical headwinds speaks to the strength of the secular drivers of our business which we outlined in detail on the last earnings call. We continue to lean into these and see further room for growth. For example, in January we launched Tuesday and Thursday expiries for our Russell 2000 index options completing the set of daily expiries to small cap stocks. While still early days, Russell 2000 index options volumes hit a 5-year high ADV at 79,000 contracts in February. And the share of 0DTE volume grew from 8.7% in Q4 to now 12%. Within our more established SPX product, volumes increased 17% year-over-year and 0DTE options increased a robust 32% year-over-year and grew 3% from Q4 level to a new record of 1.54 million contracts.\n0DTE options has made up 48% of overall SPX activity in Q1, up 2 percentage points from last quarter. The rise of retail options trading is another secular trend we're excited to build on, with more platforms coming online for index options trading later this year, giving retail investors expanded access to our products. To that end, we are thrilled to see our margin relief plan approved by the SEC recently which we believe will make it easier for investors to overwrite index options on ETFs that track the same index. This is expected to benefit not just our SPX XSP options complex but also our Russell 2000 and MSCI suite of index options as well. Overwriting funds have grown tremendously in popularity in recent years with total AUM jumping more than 6-fold since the pandemic to now over $130 billion.\nAnecdotally, we're also seeing more interest from the retail and RIA [ph] community in using these options to enhance their portfolio. We see this margin relief approval as an additional catalyst for wider adoption of options by the retail community. Even without a turn in the macro environment, we believe we are well positioned for the rest of the year as we continue to execute on our strategic initiatives. However, if we do get a shift in investor sentiment, as was the case in April, we expect to benefit as traders harness the full versatility of our S&P 500 volatility tool kit. For example, with the market set of April, VIX options volume surged to a 6-year high with daily volumes exceeding 2.6 million contracts on April 12 on the back of escalating Middle East tensions.\nThat's higher volume than we saw during the 2020 COVID crisis, despite the VIX index hitting a high of just 19 last month versus 82 in March 2020. VIX options through April are on pace to report it’s second highest quarter on record at current levels. While Q1 was characterized by a consistent market running amidst low volatility, Q2 is looking a lot more precarious amidst heightened geopolitical tensions and greater macro uncertainty. As investors grapple with resurgent inflation, rising rates, not to mention the U.S. election later this year, we believe the need to use options to dynamically manage positions, hedge exposures and generate income only increases. And while trading metrics in North America remained strong during U.S. hours, volumes traded in U.S. products during non-U.S. hours continue to increase.\nDuring the first quarter, SPX global trading hours activity increased 41% as compared to the first quarter of 2023. And in April, we saw SPX GTH activity increase 73% versus Q2 2023 levels and VIX GTH increased 69% over the same period. With GTH activity accounting for just 3% of April's SPX activity and less than 1% of VIX options activity, we continue to see an attractive path forward for non-U.S. customers to increase access to the U.S. markets. Looking at the business more globally, we hit some notable milestones on our European derivatives platform CEDX. Total index derivative volumes again hit record levels in March, beating the prior record by 26% positioning us for future growth. We broadened the list of single-stock options traded on CEDX to more than 300 companies across 14 European countries at the end of March.\nAnd on April 1, we initiated and revamped our liquidity provider programs in the region. Client feedback has been promising, and we look forward to providing greater customer efficiencies through our Pan-European approach to trading and clearing. D&A net revenues grew 8% compared to the first quarter of Last 60 Days of Bitcoin's Closing Prices: [63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-04 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,252,006,662,000 - Hash Rate: 617535316.5382024 - Transaction Count: 660263.0 - Unique Addresses: 473521.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite the inflation-powered downswing in 2022, investing markets are on a sustained roll. If you put $1,000 into anS&P 500(SNPINDEX: ^GSPC)index fund four years ago, you'd have $2,167 today. The halving ofBitcoin(CRYPTO: BTC)rewards in May 2020 led to another cycle of price gains and moderation, punctuated with the approval ofexchange-traded funds (ETFs)reflecting spot-price Bitcoin values three months ago. Hence, $1,000 of Bitcoin has grown to $10,690 over the same four-year span. But neither Bitcoin nor the stock market could hold a candle toEthereum(CRYPTO: ETH). Putting $1,000 into the leading smart contract currency in April 2020, you'd have a cool $26,800 in your digital wallet by now. The cryptocurrency is now worth $3,430 per coin, up from $1,800 a year ago and $133 in early April, 2020. But past performance is not a guarantee of future results. Does Ethereum have any game-changing moves up its sleeve, comparable to Bitcoin's next 50% cut of mining rewards? Is this digital asset likely to continue its market-beating surge in 2024 and beyond? The answer to these two crucial questions is "yes" and "I wouldn't be surprised." Read on to see what Ethereum's developer community is up to next, and what investors should expect from this crypto veteran in the near future. First,that initial batch of 11 spot Bitcoin ETFsarguably opened the floodgates for other types of cryptocurrency funds. Many of the investing firms in January's approval round have already filed applications to the Securities and Exchange Commission (SEC), aiming to introduce Ethereum-based ETFs as soon as possible. Some of the potential Ethereum ETF sponsors aren't in a hurry, though. For example, Bitwise chief investment officer Matt Hougan recently gave Ethereum ETF approvals a 50% chance in May 2024 -- but he might actually prefer a delay to December. You see, market makers and investors are still wrapping their heads around the brand-new Bitcoin ETFs. Launching another type of big-name cryptocurrency ETF into this buzzing market could be counterproductive. "It's just hard to get people to focus past Bitcoin at this point from professional investors," Hougan said in a Forbes interview last weekend. "TradFi is still digesting bitcoin and if you give [traditional finance] time to get comfortable with bitcoin and crypto, they will be ready for the next thing. But if you shove it down their throat in May, I'm not sure they will be." In other words, the company behind theBitwise Bitcoin ETF(NYSEMKT: BITB)expects Wall Street to be hungry for Ethereum ETFs once the Bitcoin furor dies down. As such, Bitwise filed for an Ethereum ETF approval last Friday, biding its time while doing homework on Ethereum's long-term prospects. So the market trends you see around Bitcoin these days should repeat for Ethereum at some point. The timing of the approvals may make a difference, at least initially. But once the two largest cryptocurrencies have gone through the growing pains of this new investing route, the long-term effects should be the same -- a more robust asset class with wider access to investors who can't or won't buy cryptocurrencies directly. In particular, the expected influx of deep-pocketed institutional investors could add game-changing tailwinds for both Bitcoin and Ethereum. I just don't know whether we'll see these micro-dramas play out in 2024, 2025, or perhaps even later. ETF approvals are underway, but their timing and exact details are in the hands of slow-moving regulators. The Ethereum community has more control over another part of the cryptocurrency's price catalysts: technical improvements to the blockchain network's operating code. One important upgrade took effect on March 13. The so-called Dencun update introduced shard blob transactions, which makes easily processed bundles out of unrelated Ethereum transactions. The big idea is to speed up processing and lower transaction fees, taking a series of smaller steps toward a more effective network. These steps will continue in 2024, followed by a more abrupt technical shift thereafter. Ethereum co-founder Vitalik Buterin has outlined the next development phase, nicknamed "The Purge." In a blog post last month, Buterin explained how cleaning out a bunch of obsolete security functions will provide more space for transaction data in each Ethereum contract. As always, this process will be slow and steady with the final cleanup scheduled "a few years down the line." So there are significant platform changes en route to Ethereum's operating platform. Some steps are coming up soon and others will take a long time. The important takeaway is that Ethereum is evolving to meet the requirements of a more hectic cryptocurrency market. The community is especially interested in making smart contracts smarter, cheaper, and more secure in order to keep up with challenges from alternative smart contract coins such asAvalancheandSolana. And that brings be to a third class of potential catalysts. Ethereum wouldn't need a faster and sleeker transaction system if the demand for smart contracts weren't on the rise. The combination of wider public awareness and incoming technical improvements should result in more interest from app developers, leading up to the first "killer apps" in simmering fields like decentralized finance and Web3 tools. The precise timing of these improvements is up in the air, but important Ethereum backers like Vitalik Buterin will do their best to move the Ethereum community forward. If you build it, the killer apps and mass-market success stories will come. Can these catalysts drive Ethereum prices all the way to $10,000 by the end of this year? Anything is possible but I wouldn't make time-limited bets on it. It's better to build a diversified portfolio of robust cryptocurrencies, stocks, and other asset types, and let the overall value of that collection rise at its own pace. Investing is a marathon, not a sprint -- and crypto investors are also better served by patient endurance than by throwing value darts at the calendar. So I would say that Ethereum is poised to grow in value for years to come, and I do expect the price to rise in 2024. I just can't promise that it will break the $10,000 barrier by the holidays. Patience is a digital virtue, dear reader. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of April 1, 2024 Anders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, Cardano, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy. Will Ethereum Ride the Crypto Bull and Reach $10,000 in 2024?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Ethereum(CRYPTO: ETH)prices have historically proven very volatile. It's not uncommon to see its value double or triple in a matter of months. In other months, however, its price has been cut in half or worse.\nBut what about the long term? If you had invested $300 into Ethereum five years ago, and held on, you'd likely be very pleased with the outcome.\nIf you had put $300 into Ethereum five years ago, you'd have roughly $5,600 today. That's a 1,770% return, even higher thanBitcoin's 1,000% performance over the same period. TheS&P 500, for comparison, increased in value by just 87%.\nBut before you jump in and buy Ethereum, there are a few important caveats to note.\nFirst, Ethereum was still a young, relatively unknown technology five years ago. The crypto industry has come a long way since then, with far greater utility, adoption, and recognition. It's possible that Ethereum's biggest days of growth are behind it.\nSecond, these eye-popping returns were only accrued by investors with so-calleddiamond hands-- that's crypto terminology for holding tight through extreme ups and downs. If you purchased Ethereum five years ago only to sell it at the start of 2023, for example, you'd only be sitting on a 640% gain. That's still impressive, but far less than what patient investors have earned. Conversely, if you purchased Ethereum at the start of 2022 only to sell one year later, you would have lost two-thirds of your original investment!\nEthereum has proven a terrific long term investment, but its short term movements are difficult to predict.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIf You'd Invested $300 in Ethereum 5 Years Ago, Here's How Much You'd Have Todaywas originally published by The Motley Fool", 'Coinbase Global(NASDAQ: COIN)is a cornerstone of the cryptocurrency ecosystem, providing investors with an easy on-ramp to convert their dollars into a plethora of different tokens. While it isn\'t the only company providing those services, it\'s clear that with such a privileged position, its offerings tend to have big impacts for cryptocurrencies, including popular ones likeSolana(CRYPTO: SOL).\nCoinbase recently launched a new service that\'ll likely catalyze growth for Solana, as well as for the many meme coins that are on the chain. Here\'s what\'s happening, and how you can position yourself to profit.\nIt\'s difficult to get into cryptocurrency investing for the first time. Much of theblockchaintechnology itself is clunkier than typical consumer-grade software applications. Plus, the space has so much technical lingo to learn, so many slang terms to be aware of, and a reputation for scams and risk that it\'s enough to keep many people away altogether.\nCoinbase is working on solving some of those issues by launching a new and highly streamlined platform for people to hold and utilize their coins.\nThe new Coinbase "smart"walletis compatible withBitcoin,Ethereum, and Solana, as well as every ERC-20 chain. It can interface with decentralized applications (dApps) and decentralized exchanges (DEXes), store non-fungible tokens (NFTs), connect to a user\'s bank account, and freely transact with a user\'s Coinbase account. Everything that people could do with a self-managed wallet, including staking tokens to a liquidity pool, swapping token pairs, and borrowing or lending crypto, is doable with the new wallet.\nCoinbase hopes that its innovation will bring as many as 1 billion people into the crypto markets because of how easy investing in the space will become compared to how it is now. It\'s unclear whether the company will be able to onboard all of the users it\'s hoping for. But if it succeeds in bringing in even a fraction of the population it\'s hoping for, the implications for the cryptocurrency markets, especially Solana, are likely to be gargantuan.\nOn the Coinbase website currently, users are limited to transacting in the cryptocurrencies that the company selects as being appropriate, which tend to be the currencies that are the most reputable. That means the biggest meme coins, likeShiba InuandDogecoin, are tradeable, but up-and-coming coins are often not available until long after an investor might prefer to start a position.\nWith the new wallet there is still the constraint of only being able to transact in coins that Coinbase has opted to list the information of, and it can still take a long time for the company to list promising new issues. But as the wallet allows for trading via decentralized exchanges (DEXes), the business does not need to hold the tokens itself, so the accessible universe of investable projects is much larger. So investors will now have a chance to invest in coins much earlier than before, and are generally able to invest in much smaller coins should they choose to do so.\nFor coins on the Solana chain, where many of the smaller and riskier meme coins reside, the new wallet could drive significant growth across the board. If Coinbase opts to list projects more loosely than it currently does for users of its wallet, which will be necessary if it intends to defend the claim that its wallet enables people to maintain full custody and control of their cryptocurrency holdings, the impact will be even larger.\nEither way, this is a big green flag for Solana and meme coin investors alike.\nIt isn\'t necessary to start investing in meme coins yourself to take advantage of the influx of capital spurred by Coinbase\'s new wallet. Nor is it necessary to actually download the wallet yourself if you already have a setup that works for you. The safest way to get exposure to the anticipated upside is to simply buy Solana and hold it for the long term, as anyone doing meme coin trading on the chain will need to buy its native token first.\nIf you want to get a bit fancier by additionally dabbling in meme coins, do yourself a favor and stick to the proven winners rather than the allegedly rising contenders. The reigning champions will still be very risky and volatile.\nBut they\'re also going to be the entry point that most new cryptocurrency investors will have to meme coin investing by virtue of their size and proven effectiveness at winning attention share over time. And, at least in the case of Shiba Inu and Dogecoin, they have enough of a history that it is very unlikely for their prices to collapse to zero.\nMost of all, don\'t take risks with money that you can\'t afford to lose. Play the long game, and play it cautiously. If you haven\'t yet diversified your portfolio sufficiently, the best move is to do that before approaching the idea of buying Solana or meme coins, as responsible financial stewardship of your portfolio is a bigger priority.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nThis 1 Catalyst From Coinbase Could Send Solana Meme Coins Skywardwas originally published by The Motley Fool', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for my next warning. The S&P is next, which will toast millions of 401ks and IRAs. Take care.”\nKiyosaki’s suggestion? Turn to gold, silver, and Bitcoin instead.\nLearn More:‘Shark Tank’ Star Kevin O’Leary — My Morning Habit That Keeps Me From ‘Losing Money 100% of the Time’\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAccording to theWorld Gold Council, the price of gold was approximately $37.44 per ounce in January 1971. Fast forward to today and gold is valued at approximately $2,333.55 per ounce as of April 30, 2024. That’s an incredible 6132.77% increase over 53 years.\nSilver has also proven to be a precious metal financial haven.\nAccording to theSilver Institute, the price of silver was $1.55 per ounce in 1971. Fast forward to today andsilver is valued at approximately $26.40 per ounce as of April 30, 2024. That’s an increase of 1603.23% over 53 years.\nBitcoin, the first ever and largest cryptocurrency on the market today, first debuted in 2009 and its value has been quite volatile since its inception, according toU.S. News & World Report.\nAccording toCrypto.com, the price of bitcoin (BTC) was valued at $0 when it first debuted in 2009. By 2021, BTC hit an all-time high price of $68,789.63. Fast forward to today andBTC is valued at $60,356.78 per coin as of April 30, 2024. Despite the cryptocurrency’s volatility, its current price represents an unfathomable 60,356,700% increase over the past 15 years.\nMany people are stillcryptocurrencynon-believers since they don’t understand the concept or simply doubt the actual value of the asset. However, Bitcoin is here to stay and it might just be the next smartest investment you can make.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 8 Ways To Make $200 (or More) a Day Working From Home\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 5 Myths About Debt That Nobody Should Believe in 2024\nThis article originally appeared onGOBankingRates.com:Robert Kiyosaki: ‘Buy Gold, Silver, Bitcoin While You Still Can’', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for my next warning. The S&P is next, which will toast millions of 401ks and IRAs. Take care.”\nKiyosaki’s suggestion? Turn to gold, silver, and Bitcoin instead.\nLearn More:‘Shark Tank’ Star Kevin O’Leary — My Morning Habit That Keeps Me From ‘Losing Money 100% of the Time’\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAccording to theWorld Gold Council, the price of gold was approximately $37.44 per ounce in January 1971. Fast forward to today and gold is valued at approximately $2,333.55 per ounce as of April 30, 2024. That’s an incredible 6132.77% increase over 53 years.\nSilver has also proven to be a precious metal financial haven.\nAccording to theSilver Institute, the price of silver was $1.55 per ounce in 1971. Fast forward to today andsilver is valued at approximately $26.40 per ounce as of April 30, 2024. That’s an increase of 1603.23% over 53 years.\nBitcoin, the first ever and largest cryptocurrency on the market today, first debuted in 2009 and its value has been quite volatile since its inception, according toU.S. News & World Report.\nAccording toCrypto.com, the price of bitcoin (BTC) was valued at $0 when it first debuted in 2009. By 2021, BTC hit an all-time high price of $68,789.63. Fast forward to today andBTC is valued at $60,356.78 per coin as of April 30, 2024. Despite the cryptocurrency’s volatility, its current price represents an unfathomable 60,356,700% increase over the past 15 years.\nMany people are stillcryptocurrencynon-believers since they don’t understand the concept or simply doubt the actual value of the asset. However, Bitcoin is here to stay and it might just be the next smartest investment you can make.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 8 Ways To Make $200 (or More) a Day Working From Home\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 5 Myths About Debt That Nobody Should Believe in 2024\nThis article originally appeared onGOBankingRates.com:Robert Kiyosaki: ‘Buy Gold, Silver, Bitcoin While You Still Can’', "One of the hottest cryptocurrencies this year has beenShiba Inu(CRYPTO: SHIB). Year to date it has risen by 130%, and the meme coin looks to be alive and well with retail investors. But with such impressive gains already in 2024, is it too late buy the digital currency? Or is the coin just getting started, and could greater interest in the broader crypto market lead to further momentum for Shiba Inu?\nOne of the reasons Shiba Inu has grown in prominence with crypto investors is that there has simply been more acceptance of the cryptocurrency. Meme or not, more places are accepting it, and that's a positive development for Shiba Inu holders because it may lead to greater demand for the coin.\nAccording to data from Cryptwerk, there are 935 merchants in the online crypto directory's database that accept Shiba Inu as a form of payment. That's 16% more than the 806 merchants who accepted it a year ago, and a 46% increase from two years ago.\nThere are more than 9,400 merchants who acceptBitcoin(CRYPTO: BTC), according to the website, suggesting that Shiba Inu still has long way to go in being as popular as the top cryptocurrency. But it's certainly moving in the right direction.\nNearly 92% of the crypto wallets that hold Shiba Inu hold less than $1,000 of the meme coin. With Bitcoin, that percentage is a bit lower at 84%. This suggests that Shiba Inu is more heavily skewed toward smaller investors than Bitcoin is. But the meme coin's price movements may actually be due to larger investors.\nShiba Inu has a high whale concentration of 63%, according to CoinMarketCap.Whalesare wallet addresses that hold more than 1% of the coin's circulating supply. And the higher the percentage, the more potential volatility there is, because a small number of whales can have a large impact on the coin's price. In the case of Bitcoin, the whale concentration is just 1.5%.\nBut there hasn't been as much volatility of late. In early March, trading volumes for Shiba Inu were high, often totaling more than $2 billion and that's when the coin was rallying. Lately, the coin has been slowing down and declining, and that has been while volumes have also been lower (below $1 billion per day). This could be further proof of the heavy impact that whales have on the coin. And the danger for investors is that price movements can be sudden, and come without much warning.\nShiba Inu's valuation could take off at a moment's notice in either direction, and that's what can be both risky and exciting about the meme stock -- its fluctuations can sometimes be unpredictable. And for that reason, it's certainly possible for Shiba Inu's valuation to rise higher this year despite its impressive gains.\nThe danger forcrypto investorsis that there isn't a fundamental reason to expect that the cryptocurrency will rise in value. The main investing thesis resides around the greater fool theory and the expectation that someone will buy it at a higher price. But this is purely speculative. If you're bullish on crypto, you're likely better off simply investing in Bitcoin or buying stocks with exposure to crypto. Shiba Inu is an ultra-risky investment that is a downright gamble given its vulnerability to large movements as a result of whale transactions.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nUp 130% Already This Year, Can Shiba Inu's Price Go Even Higher?was originally published by The Motley Fool", 'One of the most popular narratives among cryptocurrency investors over the last six months is that the crypto sector is currently at the very start of a "meme coin supercycle" that will sendmeme coinvaluations into the stratosphere. Such claims have been made for past cryptocurrency bull runs, too -- and whether or not they were proven true, investors who were properly positioned made out like bandits.\nSo let\'s take a beat to dive into the meme coin supercycle hypothesis to see how plausible it is, and how you can make money from the ongoing surge of interest in the segment, whether or not the loftier predictions become reality.\nThe halving ofBitcoin\'s(CRYPTO: BTC)mining reward, which occurred in late April, is proposed as the starting gun for the supercycle. The theory goes that once Bitcoin\'s price adjusts upward to account for the permanent reduction in further supply of new coins via mining, it\'ll carry the rest of the cryptocurrency ecosystem along for the ride, either immediately or after its own bull run peters out. The idea is that investors will be willing to liquidate some of their supposedly enormous gains to chase growth elsewhere once Bitcoin\'s momentum dies down.\nAt the same time, driving the bull run will be tremendous amounts of new capital that are expected to flow inward as a result of the approval of exchange-traded funds (ETFs) like theGrayscale Bitcoin Trustby the Securities and Exchange Commission (SEC). Before, investors would at least need some kind of cryptocurrency trading account to invest; with the ETFs, people can buy a security whose value is tightly linked to Bitcoin from their retirement accounts, thereby opening the door for even more demand to fight over the freshly limited supply of coins. If other ETFs are approved, such as forEthereum, it could have an ancillary additional effect as well.\nSolana(CRYPTO: SOL), a popular blockchain for trading meme coins likeDogwifhatright now, will allegedly be the primary beneficiary of the capital inflows to Bitcoin. The argument here is that for new investors, it\'s the easiest chain to navigate, as it operates quickly, requires minimal fees, and has a large selection of serious crypto projects in decentralized finance (DeFi) as well as countless meme coins with no intended utility.\nFurthermore, there is reason to believe that investors at large are interested in getting exposure to meme coins. Venture capital groups and hedge funds are now starting to seriously dabble with meme coin investments, as they want to capture some of the absurd returns that are sometimes possible to attain in the space. Plus, since 2021 many small investors are familiar with the idea of a meme coin, having invested inDogecoinorShiba Inuand seen their impressive runs.\nThen there\'s the situation with inflation and the Federal Reserve\'s quest to tamp it down. Crypto investors advocating for the supercycle suggest that the Fed is likely to cut the prime interest rate at least once in 2024. As the cost of borrowing money declines, there is thus more capital to splash further along the risk curve than before, and toward the most speculative investments like memes.\nFinally, proponents of the supercycle point to a growing sense of economic discontent among younger crypto investors. Those investors have faced substantial financial barriers to achieving their life and money goals, especially for key attainments like home ownership, and thus they are becoming increasingly nihilistic about their probability of future success. Hence their alleged desire to invest in the riskiest corners of cryptocurrency, where they believe that there are life-changing returns lurking, will drive the meme coin bull market all the more intensely even after the Bitcoin catalysts have played out.\nSo far it is ambiguous whether the meme coin supercycle hypothesis will be proven true or false. With that being said, most of the arguments for it pass the sniff test.\nThe halving process\xa0will indeed eventually result in a scarcer supply of Bitcoin, and the ETF will make it easier for capital to enter the crypto ecosystem. Solana is indeed the lowest-friction chain to use in my experience, and there is already a rich set of software and hardware tools that investors might need to do research and transact. The meme coins of the minute are on that chain, and they\'re gaining public awareness by the day.\nBut forecasting the odds of a rate cut is sketchy at best. The market\'s expectations regarding the Federal Reserve\'s decisions on the matter have been refuted again and again over the last year or so.\nLikewise, it is probable that there are at least a few disenchanted young crypto investors. Still, predicting that their desperation will drive them to invest in meme coins in great numberswithin a specific period of timeis a bit of a stretch, even if the gist of it makes sense.\nDon\'t take this to mean that you should or should not invest in meme coins or other cryptocurrencies right now. If your portfolio is diversified and you have some extra capital to allocate to a riskier investment, it is worth considering buying a coin like Solana or Bitcoin to start. And if you can tolerate volatility, picking a meme coin or two to make a small investment might be appropriate -- just don\'t get caught up in the hype about the supercycle and overcommit if it starts to pick up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nHere\'s Why Some Cryptocurrency Investors Think There\'s a Meme Coin Supercycle Right Nowwas originally published by The Motley Fool', 'A new bill hopes to ban cryptocurrency mining in three North Carolina counties.\nMORE: Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering\nCrypto mining is a process that verifies Bitcoin transactions and generates coins.\nIt requires huge data centers that draw tons of electricity to operate.\nThe bill will impact Henderson, Polk, and Rutherford counties.\nState Senator Tim Moffitt represents all three counties and filed the bill.\n(WATCH BELOW: Buyer pays $654K in cryptocurrency for first home sold as NFT in the U.S.)', "New York City, NY, May 05, 2024 (GLOBE NEWSWIRE) --\nDespite recent turbulence in the crypto markets, bothBitcoin(BTC) andEthereum(ETH) have experienced a remarkable surge in prices over the past two days. This unexpected rally comes amidst a backdrop of uncertainty, indicating renewed investor confidence in these leading cryptocurrencies. Adding to the fervor,Furrever Token(FURR)has achieved a significant milestone, surpassing $1 million in presale funding, and has now launched a lucrative $10,000 competition, further igniting excitement in the crypto community.\nBitcoin's Resilience Shines as Whales Drive Market Surge: What's Next for Crypto?\nAmidst recent market turbulence, Bitcoin (BTC) has emerged resilient, witnessing a remarkable surge driven by whale activity. On May 3, the total market value soared to $2.18 trillion, propelled by a 10% increase in Bitcoin's price to approximately $64,300.75. Notably, over $2.8 billion worth of BTC was accumulated by whales within 24 hours, signaling renewed confidence in the market. Analysts interpret indicators such as the Spent Output Profit Ratio (SOPR) and Bollinger Bands, foreseeing a potential short-term turnaround.\nDespite recent corrections, market intelligence suggests key support levels and hints at a rebound, fostering optimism among investors. As Bitcoin trades at $61,721, attention turns to sustaining momentum above $59.7K, with the community eagerly anticipating further market growth and potential milestones.\nEthereum's Regulatory Challenges and Price Dynamics: Insights for Investors\nAmidst its pivotal role in the crypto landscape, Ethereum (ETH) faces a complex interplay of regulatory hurdles and market dynamics, offering crucial insights for investors. Currently trading at $3,158.07 with a 6% increase since yesterday, Ethereum maintains its position as the second-largest cryptocurrency with a market cap of $373 billion. However, the path to launching Ethereum ETFs remains uncertain, with regulatory approval prospects cast into doubt by analysts like Bloomberg's James Seyffart. Seyffart suggests that approval for spot Ethereum ETFs in 2024 is improbable, potentially delayed until 2025, citing cautious behavior from the U.S. Securities and Exchange Commission (SEC).\nEthereum's price trajectory reflects this uncertainty, experiencing fluctuations within a ranging channel, with bullish signals indicating potential for testing new highs. Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands provide further insights into Ethereum's market momentum and consolidation phase. As Ethereum navigates through regulatory challenges and market fluctuations, its future outlook remains a subject of intense interest, with regulatory decisions poised to significantly impact adoption and integration of Ethereum-based financial products.\nFurrever Token (FURR): Pioneering Cuteness in Crypto with $1 Million Presale Success and $10,000 Frenzy Bonanza Competition\nFurrever Token (FURR)has rapidly ascended as a darling of the investor community, captivating enthusiasts with its innovative approach and endearing charm. Priced at $0.000648, FURR injects a refreshing dose of cuteness into the crypto space, leveraging the universal appeal of adorable cat imagery to transcend traditional boundaries. This delightful experience fosters a sense of community and shared joy, resonating strongly with users seeking a break from the seriousness often associated with blockchain technology. The project's commitment to creating a user-friendly platform, complete with cute cat-themed stickers, emojis, and visuals, has struck a chord with investors. To buy FURR, investors can visit its official website, furrevertoken.com, where they can also explore the potential for up to 15X returns.\nThe success of Furrever Token's presale, which amassed over $1 million in funding within just two months, speaks volumes about the project's traction and investor confidence. This rapid growth underscores not only the widespread appeal of FURR but also the growing appetite for projects prioritizing user experience and community engagement. With 65% of tokens available during the presale and a prudent allocation for team tokens locked for a year to reassure investors of the project's long-term viability, Furrever Token has demonstrated a commitment to transparency and sustainability.\nTo celebrate its successful presale progression, Furrever Token (FURR) has announced an exhilarating competition: theFurrever Token $10,000 Frenzy Bonanza Competition! This thrilling event invites Furrever Token enthusiasts to participate in a seven-day competition on the Gleam platform, where completing various tasks earns participants points for a chance to win. With $10,000 worth of FURR up for grabs, three lucky winners will be crowned Bonanza Champions at the end of the competition. First place takes home $5,000 worth of FURR, second place wins $3,000, and third place receives $2,000.\nThe competition runs from 02/05/2024 to 09/05/2024, offering participants ample time to secure their spot as one of the ultimate Furrever Winners. Winners will be selected randomly through the Gleam platform, with each winner receiving the prize value in FURR tokens directly to their connected wallet. To be eligible, participants must have a minimum of $10 worth of FURR on the website dashboard. So, get ready to embark on this exciting journey and may the fluffiest members emerge victorious!\nIn conclusion, Furrever Token's rapid rise to prominence in the cryptocurrency space is a testament to its innovative vision, strong community ethos, and unwavering commitment to delivering a unique and enjoyable experience for users. As the project continues to evolve and expand its reach, it is poised to make a lasting impact, capturing the hearts of investors and cat lovers alike while carving out its niche in the ever-growing crypto landscape.Join Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Furrever Token Bonanza CompetitionJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, May 05, 2024 (GLOBE NEWSWIRE) --\nDespite recent turbulence in the crypto markets, bothBitcoin(BTC) andEthereum(ETH) have experienced a remarkable surge in prices over the past two days. This unexpected rally comes amidst a backdrop of uncertainty, indicating renewed investor confidence in these leading cryptocurrencies. Adding to the fervor,Furrever Token(FURR)has achieved a significant milestone, surpassing $1 million in presale funding, and has now launched a lucrative $10,000 competition, further igniting excitement in the crypto community.\nBitcoin's Resilience Shines as Whales Drive Market Surge: What's Next for Crypto?\nAmidst recent market turbulence, Bitcoin (BTC) has emerged resilient, witnessing a remarkable surge driven by whale activity. On May 3, the total market value soared to $2.18 trillion, propelled by a 10% increase in Bitcoin's price to approximately $64,300.75. Notably, over $2.8 billion worth of BTC was accumulated by whales within 24 hours, signaling renewed confidence in the market. Analysts interpret indicators such as the Spent Output Profit Ratio (SOPR) and Bollinger Bands, foreseeing a potential short-term turnaround.\nDespite recent corrections, market intelligence suggests key support levels and hints at a rebound, fostering optimism among investors. As Bitcoin trades at $61,721, attention turns to sustaining momentum above $59.7K, with the community eagerly anticipating further market growth and potential milestones.\nEthereum's Regulatory Challenges and Price Dynamics: Insights for Investors\nAmidst its pivotal role in the crypto landscape, Ethereum (ETH) faces a complex interplay of regulatory hurdles and market dynamics, offering crucial insights for investors. Currently trading at $3,158.07 with a 6% increase since yesterday, Ethereum maintains its position as the second-largest cryptocurrency with a market cap of $373 billion. However, the path to launching Ethereum ETFs remains uncertain, with regulatory approval prospects cast into doubt by analysts like Bloomberg's James Seyffart. Seyffart suggests that approval for spot Ethereum ETFs in 2024 is improbable, potentially delayed until 2025, citing cautious behavior from the U.S. Securities and Exchange Commission (SEC).\nEthereum's price trajectory reflects this uncertainty, experiencing fluctuations within a ranging channel, with bullish signals indicating potential for testing new highs. Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands provide further insights into Ethereum's market momentum and consolidation phase. As Ethereum navigates through regulatory challenges and market fluctuations, its future outlook remains a subject of intense interest, with regulatory decisions poised to significantly impact adoption and integration of Ethereum-based financial products.\nFurrever Token (FURR): Pioneering Cuteness in Crypto with $1 Million Presale Success and $10,000 Frenzy Bonanza Competition\nFurrever Token (FURR)has rapidly ascended as a darling of the investor community, captivating enthusiasts with its innovative approach and endearing charm. Priced at $0.000648, FURR injects a refreshing dose of cuteness into the crypto space, leveraging the universal appeal of adorable cat imagery to transcend traditional boundaries. This delightful experience fosters a sense of community and shared joy, resonating strongly with users seeking a break from the seriousness often associated with blockchain technology. The project's commitment to creating a user-friendly platform, complete with cute cat-themed stickers, emojis, and visuals, has struck a chord with investors. To buy FURR, investors can visit its official website, furrevertoken.com, where they can also explore the potential for up to 15X returns.\nThe success of Furrever Token's presale, which amassed over $1 million in funding within just two months, speaks volumes about the project's traction and investor confidence. This rapid growth underscores not only the widespread appeal of FURR but also the growing appetite for projects prioritizing user experience and community engagement. With 65% of tokens available during the presale and a prudent allocation for team tokens locked for a year to reassure investors of the project's long-term viability, Furrever Token has demonstrated a commitment to transparency and sustainability.\nTo celebrate its successful presale progression, Furrever Token (FURR) has announced an exhilarating competition: theFurrever Token $10,000 Frenzy Bonanza Competition! This thrilling event invites Furrever Token enthusiasts to participate in a seven-day competition on the Gleam platform, where completing various tasks earns participants points for a chance to win. With $10,000 worth of FURR up for grabs, three lucky winners will be crowned Bonanza Champions at the end of the competition. First place takes home $5,000 worth of FURR, second place wins $3,000, and third place receives $2,000.\nThe competition runs from 02/05/2024 to 09/05/2024, offering participants ample time to secure their spot as one of the ultimate Furrever Winners. Winners will be selected randomly through the Gleam platform, with each winner receiving the prize value in FURR tokens directly to their connected wallet. To be eligible, participants must have a minimum of $10 worth of FURR on the website dashboard. So, get ready to embark on this exciting journey and may the fluffiest members emerge victorious!\nIn conclusion, Furrever Token's rapid rise to prominence in the cryptocurrency space is a testament to its innovative vision, strong community ethos, and unwavering commitment to delivering a unique and enjoyable experience for users. As the project continues to evolve and expand its reach, it is poised to make a lasting impact, capturing the hearts of investors and cat lovers alike while carving out its niche in the ever-growing crypto landscape.Join Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Furrever Token Bonanza CompetitionJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com"]... Last 60 Days of Bitcoin's Closing Prices: [66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-05 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,264,024,777,388 - Hash Rate: 608775950.3461711 - Transaction Count: 625998.0 - Unique Addresses: 429326.0 Social & AI Sentiment: - Fear & Greed Index: 0.69 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Argentina last week moved forwardwith implementinga Registry of Virtual Asset Service Providers (VASP), drawing some outcry from those who hoped the nation might be heading in the direction of El Salvador's welcoming of Bitcoin. The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regulation appears to have been left over by the previous government, the fact that it's moved forward and has now become law under President Javier Milei is disappointing to those who imagined Latin America was going to get another bitcoin-friendly leader. “Javier Milei makes his first major mistake,”tweeted Max Kieser, a longtime Bitcoin maxi and an advisor to El Salvador President Nayib Bukele. “He never took the time to understand #Bitcoin, now he’ll suffer the consequences.” El Salvador under Bukele in 2021 became the first nation on the globe to make bitcoin legal tender. The new regulation looks to be having immediate effect, with users of payment app Strike reporting that the platforminformed them thatthe Send Globally function between Argentina and the U.S. will no longer be supported. CoinDesk has reached out to Strike for comment. The libertarian Milei, who had previously lauded Bitcoin as a safe haven against central banking and inflation, came to power in December 2023 amid triple digit annual inflation. To this point, he's had some success trimming the size and scope of the government, with Argentina this yearposting itsfirst monthly budget surplus since 2011. Themonthly inflation ratefell to 13.2% in February from 20.6% in January and 25.5% the month before that. To be sure, not everyone views the new VASP law as negative. “If Argentina wants more access to foreign investment, this [the new regulation] is one of the things that needed to be implemented,”saidan Argentina resident on X.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Meme coins are having a moment again, and there's reason to believe that they're not going to stop anytime soon. But the factors driving the market are entirely different from the meme coin mania of 2021, and any bull market in cryptocurrency that develops will have a different character as a result.\nIf you're interested in investing in this space, it behooves you to understand the macro environment. So let's investigate three trends that are defining it.\nIt is often rightfully said that cryptocurrency investments are risky, or even speculative.Meme coinsare even riskier and closer to speculation or outright gambling than the somewhat less volatile cryptocurrencies likeBitcoin(CRYPTO: BTC)orSolana(CRYPTO: SOL). And right now, there's a preponderance of evidence to suggest that investors are craving opportunities to take financial risks at the extreme end of the risk spectrum, such as by buying a meme coin likeDogecoin,Floki,Dogwifhat, orShiba Inu.\nSports bettingvia smartphone apps is exploding, with TV and internet commercials drawing in more and more people. The American Gaming Association predicted that for this year's March Madness event alone, people in the U.S. would bet more than $3 billion. Other sources suggest that commercial sports betting revenue has risen by more than 12 times between 2019 and 2024, reaching a sum of more than $10 billion annually as of 2023. The main financial properties of such bets are that they're tremendously risky, and that they can in theory deliver outsized returns.\nBetting on short-term outcomes in sports games is by definition gambling, not investing. Nonetheless, investors also recently piled into risky technology stocks with already-bloated valuations, likeTesla. And investors are also now piling into short-dated options contracts, which are incredibly risky, yet offer the chance for a large reward relative to the initial investment.\nCryptocurrency investments offer another route for those seeking exposure to big risk in exchange for the possibility of big returns. As long as investors continue to crave risk, some of their capital will flow to meme coins, which offer similar risk and return characteristics.\nBut what's driving this behavior, and will those drivers persist? Let's now look at two other trends that support this larger trend and ensure it won't flame out anytime soon.\nIt isn't a good financial decision to take on large amounts of debt. Nor is it a good decision to take large financial risks in an attempt to generate enough capital to pay down such debts.\nAlas, on average, consumers have already fallen into the first trap, and now many people are falling into the second by throwing their money at meme coins. Per the Federal Reserve of New York, household debt in Q4 of 2023 totaled $17.5 trillion, up from just under $12 trillion 10 years prior to that. One major contributor to that sum are student loans, which accounted for $1.6 trillion in Q4 of last year, and which debtors are now obligated to repay once again now that the federally mandated pause has ended.\nMany households are now effectively experiencing the burden of their student loans for the first time in several years. The painful pinch of that monthly payment is coinciding with the painful pinch of inflation in consumer goods, healthcare, services, transportation, and shelter.\nWhat hope is there of repaying large debts held at relatively high interest rates when a person's other expenses are rising sharply at the same time? With hopelessness comes desperation, so the masses turn to risky investments.\nOf course, it is probably counterproductive to dive into meme coins without a plan or the appropriate framework for successful and long-term investing.\nBut for the moment, a change for the better that would give people an easier time managing their finances and paying down their debts is not at all guaranteed. So expect more investing in meme coins.\nBeyond being debt-free, one thing that many people desire is to own their dwelling rather than rent it. Due to a combination of low housing supply, high interest rates, inflated prices, and a handful of other factors, people making the median income in the U.S. cannot afford to purchase a median-priced home in the vast majority of areas. It is thus a growing consensus that housing is more unaffordable now than ever before.\nPut differently, a very large segment of investors does not have enough capital nor enough income to buy a dwelling even when using levered debt in the form of a mortgage. Nor do they have enough capital to buy a dwelling in cash. And that means the least-riskiest and least-volatile asset that would otherwise make up the majority of most investors' net worth is out of reach.\nThere's very little reason to hold out hope for conditions in the housing market to improve within the next five years. The wage gains that most workers experience on average will do next to nothing to improve their odds of securing a home, as the price of real estate will almost certainly continue to rise at a slightly faster pace, as has been the norm for more than a decade. Look at this chart:\nOther places that are suitable for parking large sums of capital, like stocks, might seem like an obvious alternative. But stocks typically don't offer the possibility of returning life-changing money overnight -- nor should they. Still, that's sufficient to send investors further along the risk spectrum, toward meme coins and outright gambling.\nDon't make this mistake yourself. With sound financial planning and sustained effort in allocating your capital effectively, it may eventually be possible to accomplish some of your home buying goals. Instead, think about how to position your investments for the reality that many other people are going to be looking for opportunities to take risks. Buying a coin on a chain that's a hotbed for meme coin trading, like Solana, is probably a good place to start.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Shiba Inu, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin, Solana, and Tesla. The Motley Fool has adisclosure policy.\n3 Trends That Could Drive Meme Coins Higher and Higherwas originally published by The Motley Fool", 'What doBitcoin(CRYPTO: BTC),Solana,Dogecoin(CRYPTO: DOGE), and other cryptocurrencies have in common with penny stocks and sports gambling? If you guessed "they\'re all places where excess capital migrates for the purpose of financial speculation," you\'re thinking along the right lines.\nBut why would investors prefer these risky bets when there are safer investments like real estate available? As it turns out, the situation in the real estate market is actually one of the factors driving money toward crypto -- at least, it has been recently.\nAs you\'ve probably heard, the housing market is exceptionally difficult for buyers right now. But understanding why is key to appreciating the market\'s impact on cryptocurrencies.\nConsider this chart.\nAs you can see, theinflation ratein the U.S. is still somewhat elevated relative to its long-term norm of around 2% annually. In its efforts to bring inflation back down from its post-pandemic surge, the Federal Reserverapidly hiked the benchmark federal funds rate, which determines the interest rates that banks can lend at. It\'s now at a relatively high level compared to where it has been ever since the 2008 financial crisis and the Great Recession, when the Fed slashed it in an effort to hit the accelerator on the U.S. economy.\nToday\'s markedly higher federal funds rate has pushed the interest rates that lenders offer to would-be borrowers for mortgages upward as well. So from the consumer\'s perspective, there are several problems with the current state of affairs.\nFirst, even though the current rate of inflation has dropped significantly from last summer\'s multidecade highs, those prior price increases are still baked into the prices people are paying today. This makes everyday purchases like food feel inordinately expensive, and for those whose wages have not kept pace, it may be harder to save funds for a down payment on a home. More importantly, even for those who have successfully saved up a down payment (or who already own homes with equity in them), with interest rates on mortgages significantly higher than they were up until the past couple of years, the monthly payment on a loan of any given size will be noticeably higher than it would have been.\nThat makes it much harder for homeowners to justify selling their homes to upgrade to a larger dwelling, for example, as their monthly payments will almost certainly skyrocket if they took out their current mortgage at any time prior to 2022. Because people are loathe to sell if they can avoid it, the number of homes on the market is unusually low.\nNow consider this chart.\nHome prices have risen dramatically faster than the median family\'s income in recent years. Today, to afford the median home at its current price, a family would need to earn at least $113,500. But the median household income today is roughly $84,000.\xa0 So the median buyer can\'t afford the median house, and it\'ll take more than a raise or two to change that, as house prices are still rising, and inflation is still marching upward at a faster rate than the Fed would prefer.\nIt\'s easy to see why this situation is causing a sense of gloom on Main Street. Widespread homeownership is one of the pillars of the U.S. economy. When it doesn\'t appear achievable, many feel as though the American Dream is out of reach. And with the national shortage of homes estimated to be between 4 million and 7 million dwellings, the issue will not be solved anytime soon.\nEven assuming that the Fed begins cutting its benchmark rate eventually and market interest rates fall, that will likely bring many aspiring homebuyers off the sidelines, creating another hot market where fierce competition between buyers causes home sales to close at prices dramatically higher than their initial listing prices.\nFurthermore, people who lack access to a safe-haven investment in real estate are missing out on the asset that has been the single best financial instrument for forced saving and long-term wealth building. And it is precisely this scenario that has left so much capital free to flood into the cryptocurrency market.\nWhat\'s an investor to do with excess capital if their income is not sufficient to swing the cost of a high mortgage payment?\nThe most obvious answer would be to invest in stocks and pursue a strategy of wealth building for the medium term by accepting a higher level of risk, perhaps by focusing on growth stocks. However, that approach, while fully reasonable, today seems too slow and unreliable to many people. The stock market historically has grown by an average of around 10% per year. Those who choose a significantly riskier mix of stocks but who are lucky enough to make excellent picks might see their portfolios compound in value by an average of 25% annually.\nBut growth of that magnitude -- which is very rapid, and far higher than what most world-class investors are able to sustain over time -- still doesn\'t feel like it\'s enough to secure homeownership for many people, in part because of the small amounts of capital they can allocate. In pursuit of their financial goals,\xa0 they may therefore move further out toward the edge of the risk curve. And cryptocurrencies, especially the riskiest of meme coins, are an obvious market to enter in that context.\nBitcoin, with its growth of more than 1,130% over the last five years alone, is just a starting point for returns of the desired scale. Dogecoin, up more than 5,940% in the same period, may look like just the ticket for these relatively desperate investors.\nSmaller and riskier cryptocurrencies can promise even higher returns in shorter periods -- assuming that they don\'t drop to zero or near zero, which most of them do. Many of those smaller cryptos are listed on the Solana blockchain, which is currently experiencing a flurry of meme coin investing activity.\nTaking massive financial risks can backfire spectacularly, especially for those who have not diversified their portfolios beforehand. Diligent and long-term investing in stocks or blue chip cryptocurrencies like Bitcoin can almost certainly do more to support a person\'s wealth-building objectives than many of these new crypto investors assume.\nStill, people continue to flock to the most casino-like corners of the cryptocurrency markets, and they aren\'t going to stop as long as they feel like their key financial objectives are impossible to attain with a combination of hard work and a more conservative investing approach.\nSo remember: As long as housing supply in the U.S. is tightly constrained and mortgages are expensive, it will be game on for crypto.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin and Solana. The Motley Fool has positions in and recommends Bitcoin and Solana. The Motley Fool has adisclosure policy.\nHere\'s How the Housing Market Is Driving Cryptocurrencies in 2024was originally published by The Motley Fool', "The crypto markets have been hot this year, withBitcoin(CRYPTO: BTC)reaching new all-time highs back in March. One way new investors have been gaining exposure to the cryptocurrency is through exchange-traded funds (ETFs), as earlier in the year, regulators approved many spot Bitcoin ETFs.\nThese ETFs track Bitcoin and give investors direct exposure to its price movements. That means that they aren't necessarily going to provide you with safer, less volatile options for investing in Bitcoin. You will still be vulnerable to wild swings in the crypto market.\nInstead, you may want to consider investing in stocks that have strong underlying businesses and exposure to Bitcoin. Two such examples areBlock(NYSE: SQ)andPayPal(NASDAQ: PYPL). Here's why these might be better options for you than spot Bitcoin ETFs.\nBlock, the company formerly known as Square, helps merchants process payments easily using its app and point-of-sale devices. Bitcoin has also been a key part of its business.\nLast year, it was the company's largest source of revenue; Bitcoin-related transactions brought in a whopping $9.5 billion in sales, representing 43% of the company's top line ($21.9 billion). Block's next-largest source of revenue was from its subscriptions and services, which generated $5.9 billion in sales. While Block doesn't generate strong margins on Bitcoin transactions, the company still posted a profit overall last year with net income totaling $9.8 million.\nThe company's Cash App makes it easy for people to buy and sell Bitcoin. And Block is going even deeper into crypto as it plans to build its own Bitcoin mining system. It also recently finished developing its own Bitcoin mining chip.\nForcrypto investors, Block may be a safer long-term play than investing in spot Bitcoin ETFs. With a diversified and profitable business, it's easy to track the company's performance and growth; it's a less speculative investment than crypto can be. While investors will still face risks with the stock, given how much of a factor Bitcoin plays in Block's operations, it could make for a better overall investment option.\nThe stock currently trades at a price-to-earnings-growth (PEG) ratio of less than 0.9, suggesting that this could possibly be a cheap option for growth investors to hang onto for the long haul.\nPayPal also allows users to buy and sell crypto, but its operations are smaller, and it doesn't have an entire segment devoted to Bitcoin-related revenue the way Block does. In that sense, PayPal may be an even safer option for investors. However, it is still clearly bullish on crypto, as it has launched its own stablecoin, PayPal USD, which it says is designed for payments.\nUnlike with Block, investors have come to expect consistent profits from PayPal. The big knock on the business has been simply that its growth rate has been underwhelming. But it's a fairly safe option for crypto enthusiasts.\nThe payment processing company released its earnings on Tuesday and its revenue for the first three months of the year totaled $7.7 billion, rising by 9% year over year. Net income of $888 million also increased by 12% when compared to the same period last year.\nPayPal is another decently valued stock, as it trades at only 13 times its expected future profits (based on analyst expectations) and its PEG ratio is around 0.6. Whether you want some relatively safe exposure to crypto or just want a cheap growth stock to own, PayPal can be an excellent option to add to your portfolio today.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nForget Spot Bitcoin ETFs: These 2 Stocks Offer Safer Ways to Invest in Cryptowas originally published by The Motley Fool", "The crypto markets have been hot this year, withBitcoin(CRYPTO: BTC)reaching new all-time highs back in March. One way new investors have been gaining exposure to the cryptocurrency is through exchange-traded funds (ETFs), as earlier in the year, regulators approved many spot Bitcoin ETFs.\nThese ETFs track Bitcoin and give investors direct exposure to its price movements. That means that they aren't necessarily going to provide you with safer, less volatile options for investing in Bitcoin. You will still be vulnerable to wild swings in the crypto market.\nInstead, you may want to consider investing in stocks that have strong underlying businesses and exposure to Bitcoin. Two such examples areBlock(NYSE: SQ)andPayPal(NASDAQ: PYPL). Here's why these might be better options for you than spot Bitcoin ETFs.\nBlock, the company formerly known as Square, helps merchants process payments easily using its app and point-of-sale devices. Bitcoin has also been a key part of its business.\nLast year, it was the company's largest source of revenue; Bitcoin-related transactions brought in a whopping $9.5 billion in sales, representing 43% of the company's top line ($21.9 billion). Block's next-largest source of revenue was from its subscriptions and services, which generated $5.9 billion in sales. While Block doesn't generate strong margins on Bitcoin transactions, the company still posted a profit overall last year with net income totaling $9.8 million.\nThe company's Cash App makes it easy for people to buy and sell Bitcoin. And Block is going even deeper into crypto as it plans to build its own Bitcoin mining system. It also recently finished developing its own Bitcoin mining chip.\nForcrypto investors, Block may be a safer long-term play than investing in spot Bitcoin ETFs. With a diversified and profitable business, it's easy to track the company's performance and growth; it's a less speculative investment than crypto can be. While investors will still face risks with the stock, given how much of a factor Bitcoin plays in Block's operations, it could make for a better overall investment option.\nThe stock currently trades at a price-to-earnings-growth (PEG) ratio of less than 0.9, suggesting that this could possibly be a cheap option for growth investors to hang onto for the long haul.\nPayPal also allows users to buy and sell crypto, but its operations are smaller, and it doesn't have an entire segment devoted to Bitcoin-related revenue the way Block does. In that sense, PayPal may be an even safer option for investors. However, it is still clearly bullish on crypto, as it has launched its own stablecoin, PayPal USD, which it says is designed for payments.\nUnlike with Block, investors have come to expect consistent profits from PayPal. The big knock on the business has been simply that its growth rate has been underwhelming. But it's a fairly safe option for crypto enthusiasts.\nThe payment processing company released its earnings on Tuesday and its revenue for the first three months of the year totaled $7.7 billion, rising by 9% year over year. Net income of $888 million also increased by 12% when compared to the same period last year.\nPayPal is another decently valued stock, as it trades at only 13 times its expected future profits (based on analyst expectations) and its PEG ratio is around 0.6. Whether you want some relatively safe exposure to crypto or just want a cheap growth stock to own, PayPal can be an excellent option to add to your portfolio today.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nForget Spot Bitcoin ETFs: These 2 Stocks Offer Safer Ways to Invest in Cryptowas originally published by The Motley Fool", '26.6 EH/s and 1.2 GW under management\nSalt Creek site fully energized and Cedarvale site partially energized\nMIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq \| TSX:\xa0HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today released its operations update for April 2024.\n“Amidst the backdrop of the halving, the operational capabilities of our team enabled us to maximize deployed hashrate as we completed the relocation of our fleet from hosted to owned facilities and brought new capacity online,” said Asher Genoot, CEO of Hut 8. “At Salt Creek, we energized 63 megawatts, totaling nearly 18,000 miners, just over three months after breaking ground at the greenfield site, which brings our current self-mining hashrate to 5.5 exahash per second.”\n“The miners deployed at Salt Creek were relocated from Kearney and Granbury, with operations of those sites now fully transitioned to the new owner. In eight days, we removed more than 25,000 miners on 440 pallets in 20 loaded 53-foot transports, a testament to our team’s ability to execute complex operational activities efficiently to minimize downtime in our fleet,” said Genoot.\n“We also partially energized Cedarvale, a 215 megawatt site in Ward County, Texas, on behalf of our partner Ionic Digital. Our Managed Services business continues to serve as a key driver of growth and profitability for Hut 8 as we navigate post-halving market conditions and execute on our restructuring plan.”\nHighlights:\n• 63 MW brought online at Salt Creek on schedule, with all-in cost expected to total less than $275,000 per megawatt pending completion of the project.\n• Partially energized Ionic Digital’s 215 MW Cedarvale site, with thousands of miners currently hashing and construction ongoing.\n• Fulfilled transition-related responsibilities at Kearney and Granbury and are now entitled to receive an early termination fee of $13.5 million.\nOperating Metrics\n[{"Average during the period unless otherwise noted": "Total energy capacity under management1,2,3", "April 2024": "1,162 MW", "March 2024": "884 MW"}, {"Average during the period unless otherwise noted": "Total deployed miners under management4", "April 2024": "250.1K", "March 2024": "241.6K"}, {"Average during the period unless otherwise noted": "Total hashrate under management5", "April 2024": "26.6 EH/s", "March 2024": "25.5 EH/s"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Self-Mining6", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Deployed miners7", "April 2024": "44.9K", "March 2024": "55.0K"}, {"Average during the period unless otherwise noted": "Deployed hashrate8", "April 2024": "4.5 EH/s", "March 2024": "5.4 EH/s"}, {"Average during the period unless otherwise noted": "Bitcoin produced1,9", "April 2024": "148 BTC", "March 2024": "231 BTC"}, {"Average during the period unless otherwise noted": "Bitcoin on balance sheet1", "April 2024": "9,109 BTC", "March 2024": "9,102 BTC"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Managed Services2,10", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Energy capacity under management1", "April 2024": "982 MW", "March 2024": "767 MW"}, {"Average during the period unless otherwise noted": "Deployed miners under management1", "April 2024": "214.6K", "March 2024": "210.5K"}, {"Average during the period unless otherwise noted": "Hashrate under management", "April 2024": "23.0 EH/s", "March 2024": "22.6 EH/s"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Hosting", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Deployed miners under management11,12", "April 2024": "76.7K", "March 2024": "76.8K"}, {"Average during the period unless otherwise noted": "Hashrate under management13", "April 2024": "8.7 EH/s", "March 2024": "8.7 EH/s"}]\nSite Overview\n[{"As of end of April": "Alpha", "": "Niagara Falls, NY", "Owner": "Hut 8", "Energy Capacity": "50 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": "Yes"}, {"As of end of April": "King Mountain", "": "McCamey, TX", "Owner": "Joint Venture", "Energy Capacity": "280 MW", "Self-Mining": "Yes", "Managed Services": "Yes", "Hosting": "Yes"}, {"As of end of April": "Medicine Hat", "": "Medicine Hat, AB", "Owner": "Hut 8", "Energy Capacity": "67 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": ""}, {"As of end of April": "Salt Creek", "": "Orla, TX", "Owner": "Hut 8", "Energy Capacity": "63 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": ""}, {"As of end of April": "Kearney", "": "Kearney, NB", "Owner": "Managed", "Energy Capacity": "100 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Granbury", "": "Granbury, TX", "Owner": "Managed", "Energy Capacity": "300 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Cedarvale3", "": "Barstow, TX", "Owner": "Managed", "Energy Capacity": "215 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Rebel14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "25 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Stiles14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "20 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "East Stiles14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "30 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Garden City14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "12 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}]\n[["", "(1)", "As of the end of the period"], ["", "(2)", "Includes all Self-Mining, Managed Services, and Hosting infrastructure, including 100% of the energy capacity at the King Mountain site, which is owned by the King Mountain JV in which the Company has a 50% membership interest and a Fortune 200 renewable energy producer has the remaining 50% membership interest (the \\u201cKing Mountain JV\\u201d)."], ["", "(3)", "Includes 215 megawatts assuming full capacity at Cedarvale, which was partially energized at the end of April."], ["", "(4)", "Includes all miners that are racked with power and networking, rounded to the nearest 100, in Self-Mining, Managed Services, and Hosting infrastructure with power and networking, including all miners at the King Mountain site."], ["", "(5)", "Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the King Mountain site."], ["", "(6)", "Self-Mining operations for Hut 8 include 100% of operations at the King Mountain site."], ["", "(7)", "Deployed miners are defined as those physically racked with power and networking, rounded to the nearest 100; deployed self-mining miners net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 35.9K during April and 46.1K during March."], ["", "(8)", "Indicates the target hashrate of all deployed miners; deployed self-mining hashrate net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 3.6 EH/s during April and 4.5 EH/s during March."], ["", "(9)", "Bitcoin produced net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 115 BTC during April and 192 during March."], ["", "(10)", "The Managed Services figures reflected in this table include the Self-Mining and Hosting metrics from the sites where Hut 8\\u2019s Managed Services business is an additional service layer in the operation of the site (at Kearney, Granbury, King Mountain, Rebel, Stiles, East Stiles, and Garden City). As a result, the sum of the Self-Mining, Managed Services, and Hosting numbers will not add up to the \\u201cTotal energy capacity under management\\u201d, \\u201cTotal deployed miners under management\\u201d, and \\u201cTotal hashrate under management\\u201d figures that are also reflected in the table."], ["", "(11)", "Miners are rounded to the nearest 100."], ["", "(12)", "42.6K deployed miners under management net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner during both April and March."], ["", "(13)", "4.7 EH/s under management net of Hut 8\\u2019s joint venture partner\\u2019s 50% share of the King Mountain JV during April and March."], ["", "(14)", "Sites were previously consolidated into a single site called \\u2018Hotel\\u2019 but are now being reported separately."], ["", "", ""]]\nAbout Hut 8\nHut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp.’s portfolio comprises nineteen sites: ten Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five\xa0high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario.\xa0For more information, visit www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp.\nCautionary Note Regarding Forward–Looking InformationThis press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events or developments that Hut 8 expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the business, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely” or similar expressions. Specifically, such forward-looking information included in this press release includes statements relating to the Company’s operational capabilities, growth, profitability, restructuring initiatives, ability to navigate the post-halving market conditions, anticipated all-in cost at Salt Creek and expected payment of the $13.5 million early termination fee for Kearney and Granbury.\nStatements containing forward-looking information are not historical facts, but instead represent management\'s expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks; malicious actors or botnet obtaining control of processing power on the Bitcoin network; further development and acceptance of the Bitcoin network; changes to Bitcoin mining difficulty; loss or destruction of private keys; increases in fees for recording transactions in the Blockchain; erroneous transactions; reliance on a limited number of key employees; reliance on third party mining pool service providers; regulatory changes; classification and tax changes; momentum pricing risk; fraud and failure related to digital asset exchanges; difficulty in obtaining banking services and financing; difficulty in obtaining insurance, permits and licenses; internet and power disruptions; geopolitical events; uncertainty in the development of cryptographic and algorithmic protocols; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; the COVID19 pandemic, climate change; currency risk; lending risk and recovery of potential losses; litigation risk; business integration risk; changes in market demand; changes in network and in Last 60 Days of Bitcoin's Closing Prices: [66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-06 Financial & Commodity Data: - Gold Closing Price: $2321.60 - Crude Oil Closing Price: $78.48 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,279,824,751,538 - Hash Rate: 534321337.7139056 - Transaction Count: 519817.0 - Unique Addresses: 466177.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company's stock is up over 900%, despite its core business stagnating. Are you a prospective investor who has a fear of missing out? Below, I'll examine why MicroStrategy is hoarding Bitcoin, how it's funding it, what could go wrong, and where the stock could go from here. MicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009. Up until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so. Saylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash." Since then, the company's revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin. The cryptocurrency's current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment. As mentioned above, the company's core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity. First, the company's debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company's cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company's debt is unlikely to decrease anytime soon. Additionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders' ownership stakes in the company have decreased as more shares became available. It's rather simple as to what could go wrong for the company: Bitcoin's price could crash. If the crypto price craters, MicroStrategy's stock will follow, and worse yet, the company could face a margin call. Essentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin's price fell low enough, MicroStrategy wouldn't be able to cover the margin call and could face bankruptcy -- even if it sells its holdings. Previously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans. In other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise. The company's Bitcoin spending spree doesn't look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin. Senior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they're repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms. Put differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy's stock goes down, which will increase the company's debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined. The company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin's return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses). Additionally, MicroStrategy's market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing. There's no doubt the company's bold Bitcoin strategy has paid off so far, but that doesn't necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs. Should you invest $1,000 in MicroStrategy right now? Before you buy stock in MicroStrategy, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of March 8, 2024 Collin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. Is It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/GoatBoyy777', 'Safemoon is absolutely garbage. ', 24, '2024-05-06 01:07', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', 'Back in 2021, I had the opportunity of a lifetime when it comes to crypto. Out of all the tokens, BTC, ETH, and alt coins, I chose to go all in on safemoon. I have never touched that money since. I did one of those things where you buy a shit ton and then just check back years later. Unfortunately, I chose the worst crypto possible. I even sold all my dogecoin when it was at a fraction of a cent for safemoon. Man I really chose the wrong route. I think my safemoon is now worth like a few dollars 😂. I know they switched over to safemoon v2 but I did swap em over a couple years back and lost like half of the value converting them. Absolute shitcoin. ', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', '1cl492e', [['u/SnooMemesjellies5506', 36, '2024-05-06 23:32', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/l2w2583/', 'Honestly if you went all in on safemoon you deserve what you got, you clearly had 0 idea of what you are doing and just yolo into it. This is financial investment, you don’t just invest into some random coin all in, you really need to reconsider why you thought you should post this, safe moon is garbage but your financial decisions is the landfill', '1cl492e']]], ['u/cryptoconniption', 'In case you die with BTC...', 405, '2024-05-06 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', "Looking for advice: I have a decent sized portfolio, mostly BTC and it's all on Ledger. My father is in his 80s and not very good with computers. I've tried to teach him how to use it but it's not happening. What should I do to prepare for the hopefully unlikely event that I die before him? I also have a sister but she's terrible with computers also and I don't trust her. I want them to have everything if the worst happens.\n\nThoughts?\n\nBTW, I had a very expensive accountant help me out with my crypto taxes and thought that I could instruct my father to have him help but I didn't use that accountant this year because I stopped trading and didn't need someone at his level doing my taxes anymore.", 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', '1cl4df3', [['u/Holdino01', 146, '2024-05-06 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2r98pc/', 'Following for advice, good question', '1cl4df3'], ['u/NiagaraBTC', 21, '2024-05-06 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb2dq/', 'Ideally here you have someone you can trust who understands Bitcoin and can help your dad or sis with recovery.\n\nWithout that person, this is where a service like Nunchuk or Unchained would be of assistance.', '1cl4df3'], ['u/humdinger44', 71, '2024-05-06 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb6iw/', 'If i were you I would just put some meager effort into trying to outlive an 80 yr old.', '1cl4df3'], ['u/zorg621', 42, '2024-05-06 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rbrc2/', "Posted this on another comment below. But Ben from BTC Sessions has put together a company teaching people this exact thing. \n\nwww.bitcoinmentor.io \n\nI'm one of the mentors on the site, check it out if curious. If not no worries 🤙", '1cl4df3'], ['u/illbegood11', 327, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcnin/', 'Get a lawyer who specializes in estates and bitcoin.', '1cl4df3'], ['u/cryptoconniption', 10, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcowa/', "I'll check out those companies. Unfortunately I don't have any friends into crypto", '1cl4df3'], ['u/bigheader03', 78, '2024-05-06 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rdpxs/', "I come from two families (my biological and inlaws) where I can completely trust my finances with either of them. \n\nI told my wife, if anything happens to me, take the seed phrase and give it to my brother or hers, and they'll know what to do. \n\nIt really does make me sad we live in a world where people don't have the luxury of trusting their own family with their finances.", '1cl4df3'], ['u/TopKekistan76', 17, '2024-05-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2reheu/', 'You should look into opening a trust. Security of the seed phrase may still be a bit tricky but a trust will allow you to pass along very clear directions and give the people you wish to have it all the necessary info as part of the legal settling of the trust.', '1cl4df3'], ['u/LTFitness', 15, '2024-05-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhe24/', 'Never a popular suggestion here, but this is my advice. \n\nTransfer off hardware and onto an exchange like Coinbase. \n\nWhy? Then it’s not just a hardware wallet your father has no idea what to do with, no maybe even a lawyer you have set up to handle your will. \n\nHowever your father and a lawyer know how to operate a phone, and with the information needed in hand, they can work with an exchanges customer service to get the funds where they need to be with legal documentation. \n\nYour ledger isn’t going to listen to or comply a legal order, it can’t…however an exchange customer service can.', '1cl4df3'], ['u/GMEthLoopring', 87, '2024-05-06 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhu1x/', 'Honestly?\n\nThe ETF is great for this, much easier to transfer upon death than… something most people can’t figure out', '1cl4df3'], ['u/Large_Subject_4153', 38, '2024-05-06 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rj1e6/', 'Problem if OP already has a sizable stack would be paying capital gains taxes to then buy ETF.', '1cl4df3'], ['u/SoupaSoka', 12, '2024-05-06 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rjkrv/', 'Not a popular suggestion, but absolutely one that is worth consideration, at least. Gotta weigh the pros and cons.', '1cl4df3'], ['u/Mrgod2u82', 27, '2024-05-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rn6oz/', "Like not driving, not flying, living in a basement, having groceries bought for you (health ones of cource), etc.\n\nReality is that shit happens. A driver could head on you, the plane could crash, you could get killed in the grocery store.\n\nShit happens and planing for it isn't a bad idea.\n\nTrying isn't the be all end all.", '1cl4df3'], ['u/GMEthLoopring', 11, '2024-05-06 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rnjez/', 'If it’s long term gains at 15%, not terrible overall considering you gotta pay tax on gains EVENTUALLY\n\nResets cost basis and gets some security, slightly less efficient but fo', '1cl4df3'], ['u/freighttrainmatt', 18, '2024-05-06 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rotfa/', 'I appreciate your trust in your family but money changes things. I just want to make you privy to that, you are not exempt from that if we are talking a large sum.', '1cl4df3'], ['u/F101crypto', 130, '2024-05-06 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rrszn/', 'Finding a good ( non corrupt non / full of crap) attorney or account good with crypto and estate planning in the USA ?? Yeh right. Share a short list please . That WOULD be great alpha', '1cl4df3'], ['u/Austeri', 10, '2024-05-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxcdr/', 'Have you ever talked to an attorney lol', '1cl4df3'], ['u/chrisjoneschrisjones', 11, '2024-05-06 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxlk8/', 'Your heirs should be able to take advantage of a cost basis step-up if you hold the original Bitcoin, so in more cases it’s probably better to keep it as is and figure out how to make sure they know what to do.', '1cl4df3'], ['u/DominilocO', 12, '2024-05-06 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2ryg6i/', 'Its ok bro, less btc in circulation.', '1cl4df3'], ['u/Ryan_D_Lion', 12, '2024-05-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s1k7h/', "Nope.\n\nCouldn't disagree more.\n\nMoney doesn't change people.\n\nIt only amplifies what's already there.\n\nIn addition if you can't trust your family then you have a shitty family member. Sorry to be the bearer of the blunt honest truth.", '1cl4df3'], ['u/Probablyinsanes', 81, '2024-05-06 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s2n24/', 'This is fair. Very long story short (don’t know every detail), my great aunt had millions of dollars and when she passed her attorney took everything.', '1cl4df3'], ['u/freighttrainmatt', 12, '2024-05-06 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s41tv/', 'Use whatever euphemism you want, but you don’t know until it happens. So be prepared and put things in writing. You are absolutely right, shitty people can be born into our families. It doesn’t define me or you but you need to be prepared if they rear their ugly heads. Just something to think about', '1cl4df3'], ['u/justsomejabroni', 10, '2024-05-06 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6lf7/', 'My dad is 78 and has never used a cellphone or computer. Do u get many clients like that?', '1cl4df3'], ['u/Tabula_Rasa69', 35, '2024-05-06 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6zii/', "How on earth does that happen? Isn't that criminal?", '1cl4df3'], ['u/Probablyinsanes', 34, '2024-05-06 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s861f/', 'Very but there was nothing we could do. He listed himself as a beneficiary or something and since my aunt wasn’t married he was able to get away with it. Can’t remember how it all worked but all the money went to him and the government. We couldn’t touch any of it', '1cl4df3'], ['u/bigheader03', 15, '2024-05-06 05:47', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s8au3/', "We come from very humble beginnings (vietnamese boat people) and my older brother now imports Canadian beef into Asia. Our family now does very well, and I'm damn proud to say we trust each other with our finances, and have access to each other's if needed. \n\nI get you may still have your reservations, but there are some very strong families out there, which again, I'm proud to say our family is one of those.", '1cl4df3'], ['u/PlateFox', 21, '2024-05-06 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s8ytp/', 'People suggesting this have no idea a far an old person with no interest im computers mindset is. Some people might be able to do a switch, but for many people its-just-not-happening. I think in those cases a trustable 3rd party must join the game, theres no other way around it.', '1cl4df3'], ['u/rufus2785', 26, '2024-05-06 05:59', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s9nvr/', "For sure you should have hired another attorney in this situation. I am sure he was banking on the fact that you wouldn't.", '1cl4df3'], ['u/Probablyinsanes', 21, '2024-05-06 06:02', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s9zjp/', 'This was before I was born. I think my parents did', '1cl4df3'], ['u/bluelightning1224', 14, '2024-05-06 09:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2sr8h3/', 'That’s so fucked. How do people live with themselves after doing something like this', '1cl4df3'], ['u/hudsoncider', 60, '2024-05-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2sw5qg/', 'Probably on their private beach in Hawaii', '1cl4df3'], ['u/bluelightning1224', 15, '2024-05-06 11:10', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2t0xpj/', 'I am not so sure karma is real. Good people would get rewarded and bad people would get punished, yet the world is ran by thieves and crooks', '1cl4df3'], ['u/ubiq1er', 46, '2024-05-06 11:57', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2t4mp2/', '"Mr White, we don\'t need a criminal lawyer, we need a - criminal - lawyer."', '1cl4df3']]], ['u/CrabbyBC', "Reaction to Chris Pan mentioning Bitcoin at OSU's commencement today", 806, '2024-05-06 01:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/', 'Fun fact: in the online doc containing his speech and own notes, he mentioned moving this part to before the singing "so those who identify as alpha males will buy in more." ', 'https://v.redd.it/1t7c1eghxoyc1', '1cl4epr', [['u/cvaldo99', 424, '2024-05-06 01:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2r9j05/', 'What a fucking joke. Who the hell is this idiot? How do you go from Obama to this?', '1cl4epr'], ['u/Mkrah', 186, '2024-05-06 01:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2r9rsw/', 'Shocked he didn’t also start trying to sell his dropshipping course', '1cl4epr'], ['u/ChickenLegs614', 359, '2024-05-06 01:38', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2raza6/', 'A bad day all around 💔\n\nShame on the university for bringing in a LinkedIn loser bitcoin shill. This is embarrassing and someone needs to be held accountable.', '1cl4epr'], ['u/RuReddy4thisJelly', 95, '2024-05-06 01:45', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rc2f8/', 'Holy crap on a cracker... who dropped the ball on picking a half-way decent speaker?\n\nWow.', '1cl4epr'], ['u/LunarMoon2001', 286, '2024-05-06 01:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rdami/', 'Trying to stay so far from politics in their choice they chose a snake oil salesman', '1cl4epr'], ['u/ButterbeerAndPizza', 157, '2024-05-06 02:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rf4ek/', 'OSU is one of the biggest universities in the country. How could they have not attracted someone better than this?', '1cl4epr'], ['u/schadkehnfreude', 73, '2024-05-06 02:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rf4x1/', 'As one of the most chronically online Michigan fans in the city, I never thought I’d see the day where everyone in Ohio Stadium was booing something and wanting to \\join\\ with them, but here we are', '1cl4epr'], ['u/One-Fall-8143', 48, '2024-05-06 02:09', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfb3c/', "Ok help a brother out, I'm out of the loop, what's going on here??", '1cl4epr'], ['u/hotacorn', 23, '2024-05-06 02:13', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfuq9/', 'That was not even the worst part of the speech. Ohio State put on a master Class in incompetence today.', '1cl4epr'], ['u/csanturio', 142, '2024-05-06 02:14', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfwxj/', 'At the rehearsal, he mentioned how he was able to come out of his deep depression, blah blah, because, even though he retired at 35, “0’s” in your bank account don’t make you happy. Wtf?!', '1cl4epr'], ['u/csanturio', 86, '2024-05-06 02:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rg260/', 'I was like, they had Brian Stevenson last year! I wish i’d graduated last year to hear him. \n\nHow did we stoop so low!', '1cl4epr'], ['u/cedaly1968', 67, '2024-05-06 02:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rg64i/', 'I have almost as many followers on Linked In as he does. His audience there is small. Tells me they think he\'s full of 💩 and that you get bigger audiences on YouTube when you are the Messiah of "freedom"', '1cl4epr'], ['u/TroyMatthewJ', 88, '2024-05-06 02:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rgjt0/', 'did he pay OSU to do the promo. -errr speach? This is worse than embarrassing. This is egregious.', '1cl4epr'], ['u/shermanstorch', 58, '2024-05-06 02:19', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rgql5/', 'This guy is an alumni, sadly. \n\nOSU doesn’t pay commencement speakers. Sometimes that works out great, other times…', '1cl4epr'], ['u/LuckyZero', 39, '2024-05-06 02:52', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rl9oh/', "I'll do it next year. Not like I can do worse than Crypto McCulty, regardless of my qualifications.", '1cl4epr'], ['u/fruntbutt123', 69, '2024-05-06 02:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rljjs/', 'Mr. Pan was named homecoming king in 1998. The milestone remains significant to him.\n\n“I made a commitment to use that recognition to help others,” he said. “It’s an honor to come back 25 years later to share what I’ve learned to help others live free and authentic lives for a harmonious and prosperous society.”\n\nFrom OSU commencement website', '1cl4epr'], ['u/BobsYourUncle84', 54, '2024-05-06 03:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rmtdk/', '“If I have to hear one more crypto bro ramble on about bitcoin I’m going to take a full gainer off of C-deck” - some lady, probably', '1cl4epr'], ['u/dcnassau', 26, '2024-05-06 03:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rnghg/', 'Alumnus. Alumni is plural.', '1cl4epr'], ['u/CrabbyBC', 25, '2024-05-06 03:14', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ro85v/', 'dude 💀', '1cl4epr'], ['u/CrabbyBC', 106, '2024-05-06 03:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rot1e/', 'Chris Pan was the guest speaker at commencement and it was mostly a big joke. No idea what a "social entrepreneur" is, but he tried to make everyone sing, hype up Bitcoin, and say financial insecurity is a mindset of laziness, among other things... Interesting choice of speaker for sure.', '1cl4epr'], ['u/CrabbyBC', 19, '2024-05-06 03:20', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2royve/', 'Also—link to his speech here if anyone wants it: https://docs.google.com/document/d/1rhaineFpocou4t-wFUfVHB-0muWz_sDH-yDWWJkIG2Y/mobilebasic', '1cl4epr'], ['u/YeetusThatFetus9696', 120, '2024-05-06 03:22', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rp9pl/', "It's very easy to not care about money when you have lots of it.\xa0", '1cl4epr'], ['u/TrandaBear', 90, '2024-05-06 03:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rq0ii/', "Holy fuck, we had John Glenn. And I'm pretty sure both enrollment and tuition only went up since I graduated. How did this happen? And at the SPRING commencement? Like I know they slack at the other ones, but spring? Spring?!?", '1cl4epr'], ['u/Potential-Coat-7233', 24, '2024-05-06 03:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rq8og/', ">\xa0I'm aware someone died at the ceremony\n\nWait…what??!!!", '1cl4epr'], ['u/AmericanScream', 31, '2024-05-06 03:30', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rqcpl/', '[Bitcoin and crypto is a ponzi scheme](https://www.youtube.com/watch?v=tspGVbmMmVA).\n\nThe mainstream media still pretends "blockchain has potential" because they don\'t want to alienate the scammers who will pay them ad revenue. And because the scheme is "decentralized", they can constantly pretend, "well that company was a scam but not all crypto are scams." But alas, yes, all crypto is a scam.', '1cl4epr'], ['u/CuzIWantItThatWay', 49, '2024-05-06 03:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rqxli/', "I'm sure my taxes are paying for this somehow.", '1cl4epr'], ['u/Cenamark2', 41, '2024-05-06 03:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rr1ei/', 'Not really a message most recent grads would care about.', '1cl4epr'], ['u/CuzIWantItThatWay', 30, '2024-05-06 03:36', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rr8hx/', 'Fell off the bleachers... and everything just continued as normal.\n\nhttps://www.dispatch.com/story/news/2024/05/05/person-dies-during-ohio-state-graduation-after-fall-from-stadium/73579225007/', '1cl4epr'], ['u/notkevin_durant', 19, '2024-05-06 03:40', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rrrls/', 'Whoosh. You make me sad.', '1cl4epr'], ['u/zhdat', 148, '2024-05-06 03:40', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rrua9/', 'June 14th, 2009, We had John Glenn. \n\nThis is a fucking disgrace for my alma mater to have this joke as a speaker.', '1cl4epr'], ['u/Potential-Coat-7233', 15, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs319/', 'Christ that is grim. Jeez.', '1cl4epr'], ['u/sykemol', 31, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs3dg/', 'Help me out here: Who the fuck is Chris Pan?', '1cl4epr'], ['u/csanturio', 11, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs4jj/', 'Exactly!', '1cl4epr'], ['u/zhdat', 28, '2024-05-06 03:43', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs77v/', 'That was a hot day in June, and I was still feeling not good from hungover, but that graduation ceremony was great. \n\nI feel sorry for graduating students getting one of the biggest achievements in their lives so far and hearing this farce.', '1cl4epr'], ['u/throwaway-goaway12', 74, '2024-05-06 03:46', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rsou6/', 'I was there. Yeah. This part of the speech was bad, but it doesn’t even TOUCH on him advertising his glorified friendship bracelet business. He sells them for $50 by the way. Thinks they’ll bring world peace.', '1cl4epr'], ['u/sroop1', 50, '2024-05-06 03:59', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rulvt/', "So basically the wish version of the Lamborghini in my lamborghini garage guy. \n\nThese fucks are such losers - I don't understand how they get a following of any kind.", '1cl4epr'], ['u/Splattered_Smothered', 13, '2024-05-06 04:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rvans/', "You wonder why it hasn't happened before--especially during a football game.", '1cl4epr'], ['u/hotacorn', 39, '2024-05-06 04:11', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rw86u/', 'The dude posted on his Linkedin that he wrote his while on Ayahuasca. No one gives a shit about his take on Crypto lmao', '1cl4epr'], ['u/nyc_flatstyle', 26, '2024-05-06 04:26', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ry9z8/', "I looked him up and still don't know. Is he the 21st century version of a QVC salesperson?", '1cl4epr'], ['u/One-Fall-8143', 16, '2024-05-06 04:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ryeur/', "Damn that's crazy!!! I'm really curious how he got that platform in the first place. OSU commencement is no joke. A lot of people worked hard and shelled out big bucks for that day. I'll be looking forward to seeing the footage from people who recorded it. Thanks for the breakdown!!✌️", '1cl4epr'], ['u/fillmorecounty', 37, '2024-05-06 04:37', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rzrjm/', "It's not even about whether bitcoin is a good investment, it's about it having nothing to do with our graduation and the speech being basically an incoherent crypto ad. You expect better commencement speakers from a school like OSU.", '1cl4epr'], ['u/_Ilyaz', 36, '2024-05-06 05:33', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s6mm6/', 'Whatever it takes to make yourself feel better about losing money in crypto', '1cl4epr'], ['u/sroop1', 26, '2024-05-06 05:35', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s6ub4/', 'Sounds like someone is salty they got booed.', '1cl4epr'], ['u/w_d_roll_RIP', 44, '2024-05-06 05:48', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s8fn4/', 'i’m curious where you’re going with this?', '1cl4epr'], ['u/Master_Engineer_5077', 20, '2024-05-06 05:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s8wz7/', 'People are waking up to it being a ponzi, and that blockchain is useless.', '1cl4epr'], ['u/wiiya', 24, '2024-05-06 06:00', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s9pt2/', 'My one buddy has a bunch of money in bitcoin, and since losing his girlfriend and can’t buy a house, he’s riding that wave until he can get a girlfriend and a house.', '1cl4epr'], ['u/CumToPoppa', 18, '2024-05-06 06:01', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s9une/', 'Chris Pan? Is that you Chris??', '1cl4epr'], ['u/wiiya', 96, '2024-05-06 06:03', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sa1w1/', 'I’d like to tell you about BlueDanube coin. If you buy enough, Blue Danube will come back and you’ll be 20 something again.', '1cl4epr'], ['u/khazixian', 10, '2024-05-06 06:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sakai/', 'might hold off on transferring to OSU from cscc...', '1cl4epr'], ['u/mbAYYYYYYY', 15, '2024-05-06 06:16', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sbgwt/', "This reaction brings joy to my heart. Any OSU '24 resume, will be getting an extra peek from me.", '1cl4epr'], ['u/Noblesseux', 23, '2024-05-06 06:28', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2scqof/', "I feel like if you have enough money to retire at 30 and you're still unhappy you have a hole in your soul. If I had that level of money I'd be living my best life every day.", '1cl4epr'], ['u/DanniTiger', 27, '2024-05-06 07:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2siv4b/', "I'm SUPER upset he did that. It's OUR Commencement! It's OUR and our families day of celebration. He wasted our time and he should have had 5 people on his pay roll to check and re read his speech. This is the end or the beginning of our lives education and our journeys. He could have done better... SO MUCH BETTER... I wanted to hear about his trials and tribulations. \nI wanted to hear about the importance of diversity, how the world needs open mineded people, and to care about the environment and each other ! \nNOT BITCOIN OR SELF ADVERTISING 💔\n\nHe almost ruined the entire day... I would have rather turned 5 shades darker in the sun in my graduation gown than listen to that again...", '1cl4epr'], ['u/ThatCharmsChick', 12, '2024-05-06 07:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sjauo/', "Chris Pan Glover?\n\nI'll see myself out.", '1cl4epr'], ['u/love2readafraid2post', 30, '2024-05-06 08:49', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sptzq/', "A whole stadium booing, the second they heard the word Bitcoin.\n\nButters: it's still early \n\n🤦🤦\u200d♀️🤦\u200d♂️", '1cl4epr'], ['u/Scarif_Hammerhead', 10, '2024-05-06 09:51', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2surjw/', 'Make everyone SING?', '1cl4epr'], ['u/Scarif_Hammerhead', 10, '2024-05-06 09:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2suyvp/', 'Back in the 70s when my aunt graduated from OSU nursing college, the speaker was Vice President Walter Mondale. If you think that sounds as exciting as milk left out for a day, just wait: His speech asked, "What would happen if a 2 megaton nuclear bomb exploded over the Horseshoe. I kid you not. We went to Chi Chis for dinner after and the mood was...muted.', '1cl4epr'], ['u/MukdenMan', 19, '2024-05-06 10:41', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2symxx/', '“Three blind men touch an elephant. The first says “it’s a snake! The second argues “no it’s a wall!” The third rebuts, “no it’s a rope!” None of them are wrong, but their perspectives are limited.”\n\nDid not understand the parable', '1cl4epr'], ['u/OurPlanetAlreadyDied', 17, '2024-05-06 11:17', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t1hrd/', "We wouldn't pay taxes if dept of revenue just buy Bitcoin", '1cl4epr'], ['u/LunarMoon2001', 29, '2024-05-06 11:47', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t3sww/', 'Khahiki Koin', '1cl4epr'], ['u/Sommern', 12, '2024-05-06 11:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t4dwf/', "Makes sense these unaffordable universities ended up giving esteemed roles of power to charlatans and grifters. Lets rub in those 5 and 6 figure debt numbers you gotta pay by shilling my shitcoin and also reminding you how priced out of the housing market you are. Enjoy your degree I hope your parents can help with that down payment lol because bitcoin sure as shit isn't going back to where it used to without inflation matching it.\xa0\n\nWe truly need to stop going to college. It feels like racketeering at this point.", '1cl4epr'], ['u/DamienJaxx', 22, '2024-05-06 12:39', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t8c5f/', 'I had Bill Clinton and my ex had RL Stein. This is just pathetic.', '1cl4epr'], ['u/warfarin11', 16, '2024-05-06 13:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2taqdv/', '"How did you remember that." Cosby allegedly.', '1cl4epr'], ['u/orange_appled89', 13, '2024-05-06 13:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tbsgt/', 'I had Jack Hanna during winter commencement, for comparison.', '1cl4epr'], ['u/No-Concentrate-7560', 11, '2024-05-06 13:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2td4rj/', 'Fuck yeah, I didn’t even go to OSU and I want the dube back!', '1cl4epr'], ['u/buckicherry', 22, '2024-05-06 13:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg0y7/', 'I looked at some of his social media… looks like he’s trying to be a cult leader.', '1cl4epr'], ['u/oupablo', 39, '2024-05-06 13:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg326/', 'Even funnier to say that to a group of people who are being punted into the real world saddled with tons of debt.', '1cl4epr'], ['u/oupablo', 55, '2024-05-06 13:55', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg9m1/', 'a few years later OSU had Obama while he was still president', '1cl4epr'], ['u/buckicherry', 36, '2024-05-06 13:59', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tgq5k/', 'It really makes me wonder if they had someone better booked, but due to some political/social issue the person cancelled.', '1cl4epr'], ['u/ButterbeerAndPizza', 21, '2024-05-06 14:24', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tjs1f/', 'A really good hypothesis. It feels like an intentionally “safe” pick.', '1cl4epr'], ['u/XaoxTheory', 11, '2024-05-06 14:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tm5fb/', 'I had Bill Cosby on the oval (during the horseshoe upgrades). Great commencement speaker, but as it turns out, terrible human', '1cl4epr'], ['u/DoppelFrog', 20, '2024-05-06 14:52', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tne76/', "Cars and electricity solve real problems.\xa0 Unlike cryptocurrency (unless the problem you're trying to solve is how to launder money or buy drugs)\xa0\xa0", '1cl4epr'], ['u/DoppelFrog', 12, '2024-05-06 15:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tr3dv/', 'Tell us again how Tether works.', '1cl4epr'], ['u/Potato-Boi-69', 12, '2024-05-06 15:33', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tt7n9/', 'Brian Stevenson was pretty good. it actually felt like a commencement speech and not an ad', '1cl4epr'], ['u/P_Star7', 14, '2024-05-06 16:03', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2txpqg/', 'They have zeros too! Just a little dash in front', '1cl4epr']]], ['u/No_Song_8952', 'Solana vs SEC - will we eventually see a messy court battle?', 15, '2024-05-06 01:38', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/', 'I was wondering what peoples thoughts are regarding the SEC coming after Solana as a security. Will we see a huge price drop and will it turn into a long drawn out messy court battle? \n\nEarly days it was BTC, ETH and XRP as the top 3 when the SEC made their move. Now Solana is similarly in that 3rd spot (give or take). \n\nMy main two bags are Solana and Hbar, and every time I want to sell my Hbar to go all in on Solana ecosystem (because I don’t have much of either and should probably give more momentum to one), I second guess myself as Hbar has Google and a range of other big players on their governance. ', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/', '1cl4wlk', [['u/NotFunnyhah', 12, '2024-05-06 01:48', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/l2rcczg/', "nah, if they are gonna go after someone they'll go after Eth first.", '1cl4wlk']]], ['u/Wyfs-n-gf-of-sman', 'To all the bears and decay gang saying long hold is silly.', 21, '2024-05-06 01:46', 'https://www.reddit.com/r/TQQQ/comments/1cl5304/to_all_the_bears_and_decay_gang_saying_long_hold/', "Each position has trailing stop loss in profit. Set and forget 😎\n\nI opened chatgpt in January 2023 (saw potential), couldn't invest directly so I thought tqqq would be a good way to get exposure to the tech market. \n\nWe either going for Utopia or Terminator 4: The Governator! 🔮 \n\nWhole worlds about to change dramatically, lots of jobs or parts of jobs will be deleted over the next few years with big tech leading this change. To the point of government intervention.\n\nYou'll care more about AI legislation then you will about rate rises or cuts in the next two years. (!Remindme 2 years) \n\nAnyway, the hold continues, I'll be moving a bit to bitcoin to hedge if bitcoin drops another 20 percent. \n\nTQQQ retirement estimated in 8 years. ", 'https://i.redd.it/ut3dx7563pyc1.jpeg', '1cl5304', [['u/-JPowsMoneyPrinter-', 15, '2024-05-06 02:49', 'https://www.reddit.com/r/TQQQ/comments/1cl5304/to_all_the_bears_and_decay_gang_saying_long_hold/l2rkrdl/', 'This year I started DCA of $200 a week into TQQQ. \n\nMy thesis is rather simple. I believe that we are still in the infant stages of technology. I believe that we will see another decade of growth in this sector.', '1cl5304']]], ['u/Affectionate-Arm508', 'Most haunted places in Lehigh Valley?', 16, '2024-05-06 01:50', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are touring the States and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nOur bands studio album, An Unkindness, features members of Pearl Jam, New Found Glory, and Agent Fresco. Last year, we played Stephen Kings 75th birthday celebration. Next year, our upcoming single, “Feel Like a Fugitive”, will be on the soundtrack of Grand Theft Auto 6.\n\n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=wzVPNVoxTdin2JSg9AnGow', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/', '1cl563g', [['u/LadyNorbert', 23, '2024-05-06 01:58', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rdt32/', "The Old Jail Museum in Jim Thorpe (a bit north of the Valley but certainly within reasonable driving) has a castle-like appearance and is said to be very haunted. I don't know for sure if they'd be open to what you're suggesting, but it's easy to contact them via their website. Welcome to Pennsylvania!", '1cl563g'], ['u/auniquewaterfall', 14, '2024-05-06 02:06', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rewal/', 'Hotel Bethlehem is haunted (specifically room 932). I’ve had friends with personal experiences staying in various areas of the hotel and experiencing some ghostly things.', '1cl563g'], ['u/gfffvvbhhytffvbbnbcc', 11, '2024-05-06 02:15', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rg4on/', 'Also Sun Inn in Bethlehem.', '1cl563g'], ['u/CoolFondant3766', 17, '2024-05-06 02:18', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rgjcp/', 'Constitution Drive', '1cl563g'], ['u/gwackr', 15, '2024-05-06 03:25', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rpnsd/', 'Maybe not haunted, but would be cool for a video, Columcille Megalith Park in Bangor.', '1cl563g']]], ['u/kora_nika', 'How do we prevent OSU from having another commencement speaker like this?', 719, '2024-05-06 02:09', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/', 'What happened at commencement today made me genuinely embarrassed to be graduating from OSU. I had lots of family there, but I’m the first one to attend OSU. The commencement speaker made me feel like I went to a sham university despite how hard I’ve been working for years. I’m hoping the backlash about his objectively bad speech (regardless of how you feel about bitcoin, it wasn’t a good speech) will make OSU reconsider how they made the decision to let him do that today. Is there anywhere we can submit feedback about graduation/commencement? What’s done is done, but I don’t want future graduates to have to deal with this garbage. I think a random person from our graduating class might have actually given a better speech. We deserve better than a literal advertisement for bracelets.\n\nI was going back and forth on whether or not to go to commencement, and I ended up deciding to go because I assumed I was more likely to regret not going than going. Well, I kind of regret going. It was nice to celebrate with everyone, but that’s it. I feel especially bad for everyone who graduated high school in 2020, so this is likely to be the ONLY commencement they ever get. That sucks.\n\nAll that being said, I’ve never felt more connected to the Class of 2024 than when we all booed that guy.', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/', '1cl5jwd', [['u/BeerBooksBuckeyes', 285, '2024-05-06 02:39', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rje57/', 'I emailed Ted about it and told him he ought to feel ashamed - but I sort of suspect that maybe he’s beyond shame.', '1cl5jwd'], ['u/CrispPuraVida', 153, '2024-05-06 02:48', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rknh7/', 'I think we saw Ted realized it with that sad attempt at a magic trick, his expression said it all lmao', '1cl5jwd'], ['u/Yallaredorks', 58, '2024-05-06 03:09', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rnkvh/', 'We should all do the same. He should get the message if enough of us do this, assuming he didn’t get the message today. \n\nLet us know if he responds!', '1cl5jwd'], ['u/bubba94110', 139, '2024-05-06 03:35', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rr3s8/', 'I’m sorry you had this guy at your commencement, but having been to dozens of graduations over the years as part of my job, this was the most memorable speech I’ve ever heard. Memorably the worst. I can’t remember any of them, but I sure will remember this stinker. Really, you’ll be laughing about this at class reunions for decades to come.\n\nKudos for taking such a positive path, to find out how he was chosen (paid $$ to TOSU?) and take steps to avoid this kind of mistake in the future. Your biggest lever to use is Alumni affairs, when they come asking you for donations. \n\nI hope the speakers threat about the bracelets was just rhetorical and he will not get your email and send you crap messages.\n\nCongratulations on your hard work - best of good fortune to you!', '1cl5jwd'], ['u/OkToasterOven', 90, '2024-05-06 03:40', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rrvlp/', 'My undergrad commencement speaker (not at OSU) was terrible. And yet this sounds like a different level of terrible.', '1cl5jwd'], ['u/HeartDue3665', 56, '2024-05-06 03:41', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rs1sd/', 'As someone who was supposed to be Class of 2024 (graduated early with 2023), you’re right about this being the first real graduation many of us have had.\n\nI did not have my high school graduation. My HS diploma was given to me through a window. I am thankful to have had my first graduation with Class of 2023 and can’t imagine the disappointment of the rest of my peers who graduated this semester.\n\nIt’s honestly mind blowing how OSU went from having Gene Smith at fall commencement to this guy.', '1cl5jwd'], ['u/avamomrr', 35, '2024-05-06 03:51', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rthbt/', 'email the university senate.', '1cl5jwd'], ['u/Remote-Process-419', 20, '2024-05-06 04:21', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rxjy6/', 'Well said OP! Wth. What a disgrace. 2024 grads are screwed again.', '1cl5jwd'], ['u/Remote-Process-419', 18, '2024-05-06 04:22', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rxp1i/', 'Worst grad speech ever', '1cl5jwd'], ['u/JackKegger1969', 67, '2024-05-06 04:33', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rz59t/', 'That was awful and an embarrassment. Seriously, how can OSU not very easily do better?', '1cl5jwd'], ['u/arkhoury9', 176, '2024-05-06 04:43', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s0gxb/', "I work at buckeye donuts and a lot of people including me were appalled by the speaker. He sounded like a piece of work. I've heard he was trying to advertise his business to the class of 2024.", '1cl5jwd'], ['u/Tri-2th', 27, '2024-05-06 04:55', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s20j6/', 'Worst speech ever. I’m going to hopefully give Ted a pass since he just got to Osu but didn’t we all cringe when he had us get up and sing? Went downhill from there, and that was a low point.', '1cl5jwd'], ['u/hipchecktheblueliner', 12, '2024-05-06 04:57', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s2cqn/', 'A couple of years ago they had Jamie Dimon, CEO of JPMorgan Chase, a Wall Street criminal. A pattern?\n\nhttps://www.vanityfair.com/news/2017/09/jamie-dimon-billion-dollar-secret-jp-morgan#:~:text=Within%20weeks%20of%20Wagner%20sharing,the%20time%20the%20largest%20ever.', '1cl5jwd'], ['u/AdventurousWafer69', 25, '2024-05-06 05:22', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s5f8m/', "So glad I went to the bathroom as soon as his speech started. I didn't go to rehearsal and people around me were saying he was gonna plug bitcoin and do a sing along. I actually though they were fucking with me for a good min there lol.", '1cl5jwd'], ['u/xEtrac', 92, '2024-05-06 05:23', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s5gxl/', 'We had the CEO of chase bank give for my commencement speech in 2021. It burned even worse because it was cold and raining that day, we all wore ponchos, and he was giving the speech from an executive suite. Talk about selling out, well done OSU.', '1cl5jwd'], ['u/Das_Booben', 46, '2024-05-06 05:37', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s75jf/', 'After the 2nd groan hit the speech I decided it was time to go get a soft pretzel and the coldest sprite known to man. It was worth it because I came back right when the box breathing was ending.', '1cl5jwd'], ['u/binary88', 45, '2024-05-06 05:57', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s9fo8/', "I remember half the stadium walking out when everyone realized the commencement speaker couldn't be bothered to show up. I was so jaded by that point in the pandemic that I couldn't help but laugh the rest of the time.", '1cl5jwd'], ['u/NathanXXI', 65, '2024-05-06 06:56', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sfmlf/', 'Yeah he was advertising his company at the end. 100% a shill', '1cl5jwd'], ['u/Independent_Gur2136', 32, '2024-05-06 07:27', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sinhh/', 'Like was CJ stroud not available?', '1cl5jwd'], ['u/DanniTiger', 33, '2024-05-06 07:40', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sjvnm/', "Congratulations and yes it was quite upsetting he gave that speech. We have come so far and gone though so much and he gave such a poor speech..\n\nI'm SUPER upset he did that. It's OUR Commencement! It's OUR and our families day of celebration. He wasted our time and he should have had 5 people on his pay roll to check and re read his speech. This is the end or the beginning of our lives educatio... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["VILNIUS, Lithuania,May 7, 2024/PRNewswire/ --CCPaymentis proud to announce the launch of itsunique payment API, which allows digital businesses to add dynamism to their checkout pages.\nWith this API, businesses can easily integrate crypto payments to their existing checkout pages, so customers can pay with Bitcoin, Ethereum, Stablecoins, and other popular cryptocurrencies, and confirm their transactions instantly, with minimal fees.\nThis facilitates convenience and flexibility, making it possible for businesses to go borderless, opening doors to a global marketplace.\n• CCPayment's new API has been launched, allowing businesses to accept 900+ cryptocurrencies as payment for goods and services.\n• CCPayment excels at crypto payment solutions across several industries, including iGaming, Finance, Advertising, Brokers, and Exchanges to name a few.\n• CCPayment allows API deposits for a low fee of 0.03%, compared to the industry average of 1%\n• CCPayment automates the cashout process with auto-swap, crypto-to–fiat swap, and auto-withdrawal features.\nAdvantages of\xa0CCPayment Compared To Other Crypto Payment Processors\n1. Fees:CCPayment'sfee structureis by far the best amongst other crypto payment processors available currently. CCPayment charges 0.03% for API deposits - way lower than the average industry fee of 1%.\n2. Blockchain Infrastructure:CCPayment\xa0owns powerful blockchain nodes, which can detect transaction statuses and credit amount accordingly and send immediate notification to client's server.\n3. Dedicated Account Manager:Each merchant account on CCPayment\xa0has a dedicated account manager who can be promptly reached to get customized services, negotiate fees, make special requests like supporting specific token, or provide feedback for prompt resolutions.\nFeatures of CCPayment's New Payment API\n• Easy To Integrate:Integrating CCPayment's cryptopayment APIto your existing checkout page is extremely easy and can be completed within a few hours.\n• Supports Auto-Withdrawal:All cryptocurrencies accepted from the payment API can be automatically withdrawn into an external wallet or exchange upon receipt.\n• Supports Auto-Swap:Cryptocurrencies deposited from the payment API can be automatically swapped to stable coins to hedge against potential volatility.\n• Easy Onboarding Process: The onboarding process is as simple as in 3 simple steps,register an account, verify website ownership, integration and activation. It is smooth, short, requires no documentation, and it automatically generates an internal wallet for you upon sign-up.\nAbout CCPayment\nCCPayment, Hash AI Technology Limited, alongside its sister projectCwallet, brings over five years of experience in the cryptocurrency industry. This ensures that businesses can seamlessly accept crypto payments without any complications.\nAs a\xa0crypto payment gateway, CCPayment facilitates the acceptance and processing of cryptocurrency payments for businesses and merchants. It serves as an intermediary between customers who wish to pay with cryptocurrencies like Bitcoin and businesses that want to receive these crypto assets for their products or services.\nCheck outCCPaymenttoday and open your business to a world of possibilities.\nMedia Contact:\nMaxMarketing [email protected]\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ccpayment-launches-new-payment-api-900-cryptocurrencies-accepted-now-as-payment-302136698.html\nSOURCE CCpayment", "• US stocks surged on Monday amid solid first-quarter earnings reports and renewed hopes of interest rate cuts.\n• Rate cut wagers grew following Friday's lighter-than-expected April jobs report.\n• The futures market is now pricing in at least two interest rate cuts by the end of the year.\nUS stocks surged on Monday, extending gains from Friday and marking the best three-day rally of the year as investors cheered solid first-quarter earnings report and hopes for interest rate cuts were renewed.\nOf the 80% of S&P 500 companies that have so far reported results, 81% are beating profit estimates by a median of 7%. Meanwhile, 61% of companies have beaten revenue estimates by a median of 4%, according to data from Fundstrat.\nImportantly, most mega-cap tech companies that have held up the stock market in recent years reported solid earnings growth and reiterated their outlooks for higher sales and profits. The major companyleft to report results is Nvidia,which is scheduled to deliver earnings on May 22.\nMeanwhile, the jolt of hope for interest rate cuts followedthe Friday release of the April jobs report, which was weaker-than-expected based on economists forecasts. The US economy added 175,000 jobs last month, compared to estimates for nearly 250,000 jobs.\nThe futures market sees two 25-basis point interest rate cuts from the Federal Reserve by the end of the year, which is an increase from the recent pricing of just one interest rate cut a week ago.\nInvestors will look for further clues about interest rate cuts from several Federal Reserve members this week, with nine scheduled to speak between throughout the week.\nFed President Tom Barkin said on Monday that the economy has to slow down further before interest rate cuts can happen, but markets largely didn't appear to take that as an overly hawkish view.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,180.74, up 1.03%\n• Dow Jones Industrial Average:38,852.27, up 0.46% (+176.59 points)\n• Nasdaq composite:16,349.25, up 1.19%\nHere's what else happened today:\n• Berkshire Hathaway released its first-quarter earnings results over the weekend,and revealed it held $189 billion in cash.\n• Here's what Berkshire Hathaway CEO Warren Buffett had to sayat his company's annual shareholder meeting.\n• Inflation is scrambling Americans' perceptions of middle-class lifeas rising prices weigh on consumers' purchasing power.\n• Nvidia is dominating an AI-obsessed earnings season,and it hasn't even reported its results yet.\n• Elon Musk said Warren Buffett should buy Tesla stock for Berkshire Hathaway,but that's probably never going to happen.\n• The US government is paying $2 million per minute in interest expenses,and that number is only set to grow from here.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.60% to $78.58 a barrel.Brent crude, the international benchmark, rose 0.51% to $83.38 a barrel.\n• Goldedged higher by 1.07% to $2,333.40 per ounce.\n• The 10-year Treasury yield fell 2 basis points to 4.49%.\n• Bitcoinedged lower by 1.46% to $63,099.\nRead the original article onBusiness Insider", "• The hacker sent 11 batches of 100 ether to Tornado Cash over a two-hour period.\n• The wallet also sent $32 million worth of bitcoin to an unlabelled wallet last week.\nA hacker thatstole $125 million from Poloniex's hot walletsin November has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according toblockchain data.\nThe ether, worth roughly $3.3 million, was sent to Tornado Cash in 100 ETH batches on Tuesday, having been dormant for 178 days.\nThe Poloniex hacker also sent 501 bitcoin {{BTC}} worth $32 million to an unlabelled wallet on April 30. It still holds a total of $181 million worth of crypto across various blockchains, Arkhamdata shows.\nTornado Cash is a protocol that allows users to obfuscate crypto tokens by mixing assets across multiple wallets over a prolonged period of time. It wassanctioned by the U.S. Treasury Departmentin 2022 shortly after it was used by North Korean hacking group Lazarus, which attempted to hide funds secured from the$625 million Axie Infinity exploit.\nBlockchain security firm Elliptic said in March thatLazarus Group used Tornado Cash to launder $12 millionfrom the Heco Bridge hack, which occurred shortly after the Poloniex Hack.", '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 million in the $100,000 strike call options across different maturities. That\'s the highest notional open interest among all options listed on the exchange.\nAs of writing, more than 150,000 call option contracts worth $9.5 billion were active on Deribit. That\'s more than two times the open interest in put options, a sign of bullish market expectations.\nNotional open interest refers to the dollar value locked in the number of active or open contracts. On Deribit, one options contract represents one BTC or one ether {{ETH}}.\nBoth fundamental and technical analysts are again coalesced around on the idea that the path of least resistance for bitcoin is on the higher side.\n"Bitcoin continues to be supported by the U.S. election cycle and ongoing deficit spending. This is why we have adjusted our \'line in the sand\' from 68,300 to 62,000 in our report from May 3 — the market could trade (tactically) bullish above 62,000," 10X Research said.\nSiwssblock Insights expects the dollar index (DXY) to remain defensive unless Powell\'s stance is challenged. A weaker DXY is usually good for risk assets, including cryptocurrencies.The DXY has declined by 1.2% to 105.20 since Wednesday\'s Federal Reserve meeting.\n"The dollar\'s weaker position is likely to persist as long as economic data remains supportive of that direction and as long as Federal Reserve officials don\'t counter Powell\'s stance. The labor market is showing signs of loosening, but more hawkish Fed voices could still push for keeping rates higher for longer, which may impact the dollar\'s trajectory," Swissblock Insights latest newsletter said.\nMeanwhile, Elliot wave analysis by John Glover, chief investment officer of Ledn, suggests bitcoin\'s could rise to 92,000.\n‘The BTC price action continues to track my expected path for Wave 4 as can be seen in the chart below. Although the dip to $56.5k may have completed the correction, I still expect to see a price of $52-55k before Wave 4 completes, 2/ Once the 4th wave is completed I expect that the Wave 5 push to circa $92k will ensue," Glover said in an email to CoinDesk.\nRalph Nelson Elliott introduced the Elliot wave theory in 1938 in his book The Wave Principle. The theory assumes that asset price movements can be predicted by observing and identifying a repetitive wave pattern.\nTrends unfold in five waves, of which 1,3 and 5 are impulse waves, representing the primary trend, while 2 and 4 show temporary retracements of the preceding impulse waves.', '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 million in the $100,000 strike call options across different maturities. That\'s the highest notional open interest among all options listed on the exchange.\nAs of writing, more than 150,000 call option contracts worth $9.5 billion were active on Deribit. That\'s more than two times the open interest in put options, a sign of bullish market expectations.\nNotional open interest refers to the dollar value locked in the number of active or open contracts. On Deribit, one options contract represents one BTC or one ether {{ETH}}.\nBoth fundamental and technical analysts are again coalesced around on the idea that the path of least resistance for bitcoin is on the higher side.\n"Bitcoin continues to be supported by the U.S. election cycle and ongoing deficit spending. This is why we have adjusted our \'line in the sand\' from 68,300 to 62,000 in our report from May 3 — the market could trade (tactically) bullish above 62,000," 10X Research said.\nSiwssblock Insights expects the dollar index (DXY) to remain defensive unless Powell\'s stance is challenged. A weaker DXY is usually good for risk assets, including cryptocurrencies.The DXY has declined by 1.2% to 105.20 since Wednesday\'s Federal Reserve meeting.\n"The dollar\'s weaker position is likely to persist as long as economic data remains supportive of that direction and as long as Federal Reserve officials don\'t counter Powell\'s stance. The labor market is showing signs of loosening, but more hawkish Fed voices could still push for keeping rates higher for longer, which may impact the dollar\'s trajectory," Swissblock Insights latest newsletter said.\nMeanwhile, Elliot wave analysis by John Glover, chief investment officer of Ledn, suggests bitcoin\'s could rise to 92,000.\n‘The BTC price action continues to track my expected path for Wave 4 as can be seen in the chart below. Although the dip to $56.5k may have completed the correction, I still expect to see a price of $52-55k before Wave 4 completes, 2/ Once the 4th wave is completed I expect that the Wave 5 push to circa $92k will ensue," Glover said in an email to CoinDesk.\nRalph Nelson Elliott introduced the Elliot wave theory in 1938 in his book The Wave Principle. The theory assumes that asset price movements can be predicted by observing and identifying a repetitive wave pattern.\nTrends unfold in five waves, of which 1,3 and 5 are impulse waves, representing the primary trend, while 2 and 4 show temporary retracements of the preceding impulse waves.', 'DMarket emerged as the top-ranking non-fungible token (NFT) collection on Monday, with a daily sales volume of US$842,038, which represents a 1% uptick from the day prior.\nThe collection had a total of 36,900 transactions, involving 4,304 unique buyers and 3,555 sellers.\nDMarket is a Mythos-based collection that represents in-game items for popular games like Counter-Strike 2 and Dota 2, both of which feature in top esports competitions. The International 2021, a Dota 2 tournament held in Bucharest, Romania, had a prize pool of US$40 million, the largest in esports history.\nDMarket’s market-leading daily sales on Monday pushed its historic sales volume to US$422 million, now the 16th all time.\nThe second position for the day was claimed by Solana’s Monkey Business, with daily sales reaching US$802,328. This collection saw a total of 148 transactions, engaging 74 unique buyers and 77 sellers.\nPudgy Penguins secured the third spot with a daily sales volume of US$703,920, a big leap from the previous day’s US$143,138. The day’s top Ethereum collection achieved this with just 19 transactions.\nOther notable collections include Bitcoin’s NodeMonkes and Solana’s Mad Lads. NodeMonkes recorded a daily sales volume of US$672,683 with 33 transactions, while Mad Lads followed with US$570,755 from 41 transactions.\nLast Thursday, NodeMonkes led the NFT market to flip SATS (a BRC-20 bundle) to claim the all-time leading spot among Bitcoin-based collections.\nDeGods experienced a decrease from the previous day’s sales of over US$1.1 million and generated US$564,417 in sales on Monday, dropping out of the top five.\nMutant Ape Yacht Club, on the other hand, saw an increase to US$355,212.56 in daily sales for sixth.\nBored Ape Yacht Club, the parent project of Mutant Ape Yacht Club, trailed its spinoff collection closely with US$350,481.46.\nBAYC is the world’s second-largest NFT collection by historic sales volume with US$3.14 billion.', 'Congress is considering legislation that would put strict limits on stablecoins. Specifically, the bill would reportedly banunbacked algorithmicstablecoins. In other words, the measure would force stablecoin issuers to own $1 of U.S. currency for each $1 of stablecoins that they release. Since that provision would be very expensive for issuers, many if not most existing stablecoin providers would probably have to cease operations if the law is passed.\nAnd under the bill, the Federal Reserve would have the authority to regulate stablecoins. As a result, if it passes the Fed is likely to make life difficult for stablecoin issuers. They could force many of them to fold. Since investors often use interest income from stablecoinsto purchase cryptos, the demise of a high number of stablecoin issuers is likely to put downward pressure on crypto prices. Here are three crypto stocks to sell to avoid being hurt by Congress’ looming crypto crackdown.\nSource: Primakov / Shutterstock.com\nLast quarter,Coinbase’s(NASDAQ:COIN) direct revenue from stablecoinscame in at $197.3million out of its total sales of $1.59 billion. However, the company also had interest and finance fee income of $66.7 million. And custodial fee revenue of $32.3 million. I think there’s a high probability that a large portion or all of these latter two revenue sources were also related to stablecoins. Given these points, the firm is likely to take a large, direct revenue hit if Congress passes the stablecoin bill.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nAdditionally, investment bankTD Cowenhaswrittenthat bank secrecy crypto controls will probably be included in the stablecoin bill. I interpret TD Cowen’s statement to mean that the law would place such restrictions on all cryptos, not just stablecoins.\nIn light of these points, if the bill becomes law, I predict that trading volumes on Coinbase’s exchange will sink sharply. That’s because money launderers and other criminals will stop using cryptocurrencies in order to avoid the crypto controls that will likely be included in the bill.\nGiven all of these points, I view Coinbase as one of the top crypto stocks to sell.\nSource: rafapress / Shutterstock.com\nAccording to one source,MicroStrategy(NASDAQ:MSTR)owned 214,000Bitcoin(BTC-USD) as of May 1. Its total cost associated with those Bitcoin is reportedly over $7.5 billion. As I’ve noted above, the stablecoin legislation which I expect Congress to pass will likely force many stablecoins to shut down. This will deprie many Bitcoin buyers of an important income source.\nWhat’s more, the bill also will probably force Bitcoin purchasers to comply with anti-money laundering and bank secrecy laws. Consequently, I expect many bitcoin users to sell the crypto rather than reveal their identities to the government. That selling, in turn, would put tremendous, downward pressure on MSTR stock, due to MicroStrategy’s huge bitcoin holdings.\nAlso boding badly for MSTR stock is the fact that, in the last three months, company insidershave boughtno shares of the name, while they have sold 362,000 shares.\nSource: rafapress / Shutterstock.com\nMarathon(NASDAQ:MARA)focuses on mining Bitcoin, and it owned 17,631 BTC as of May 3. As a consequence, the firm’s top and bottom-lines, will be undermined by the potential stablecoin-regulation law.\nAdditionally, as a result of the Bitcoin halving, the number of Bitcoins that Marathon earns through mininghas been cut by 50%. Consequently, the company’s top and bottom lines are likely to sink going forward.\nMany prognosticators expected the halving to greatly boost Bitcoin prices. Such a phenomenon would have helped to cut Marathon’s losses from the halving by enabling it to unload the Bitcoins that it mines for higher prices.\nButsince the halvingon April 19, Bitcoin prices are little changed. I believe that worries about the looming stablecoin bill are a big reason why the anticipated rally hasn’t materialized.\nOn the date of publication, Larry Ramer held a short position and put options on COIN. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been SMCI, INTC, and MGM. You can reach him on Stocktwits at @larryramer.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Crypto Stocks to Sell Before Congress Strikesappeared first onInvestorPlace.', 'Growth stocksare at crossroads, with investors starting to sell. After a tremendous rally over the past year, growth stocks cooled off in April as traders reassessed their prospects heading into the summer months.\nTraders are seemingly concerned that high inflation readings may cause the Federal Reserve to forgo previously anticipated interest rate cuts. At the same time, economic data is starting to cool off, suggesting that the so-called economic soft landing may be in doubt. This indicates that a more bearish scenario such as stagflation may come to the forefront.\nAll else equal, growth stocks prefer a lower interest rate environment with greater access to capital to fund expansion efforts. Thus, this recent macroeconomic twist is not particularly favorable for the category. It remains to be seen how growth stocks will fare, and the upcoming presidential election adds another question mark to the mix.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIn any case, for investors looking to trim their exposure, the following three names that are strong standouts as growth stocks to sell. All three of these growth stocks have rallied more than 50% year-to-date and seem dramatically overvalued and are at risk of a major correction.\nSource: rafapress / Shutterstock.com\nMicroStrategy(NASDAQ:MSTR) is a long-running software company. In recent years, however, it has primarily transitioned to being aBitcoin(BTC-USD) holding operation.\nIts CEO, Michael Saylor, is an extremely outspoken bull on bitcoin and cryptocurrency. He has levered up MicroStrategy’s balance sheet, issuing debt to buy Bitcoins.\nDuring times when the price of Bitcoin is going up, this leads to tremendous gains for MicroStrategy shareholders. However, this levered strategy could lose a tremendous sum of value on even a moderate pullback in Bitcoin. In the event that Bitcoin really tanked, MicroStrategy could find itselfunderwater— holding more debt than it has in Bitcoin on its balance sheet.\nRecently, Bitcoin rallied and MicroStrategy shares went to the stratosphere. However, cryptocurrency has pulled back from the highs and the macroeconomic environment is turning more challenging. Risk is more elevated in MicroStrategy going forward, and notably, Mr. Saylor has been aggressivelyreducing his positionin MSTR stock.\nOn top of that, the company just released aterrible earnings report, with the company losing more than $8/share in a single quarter while revenues missed expectations. This highlights that MicroStrategy’s core operations have stagnated and why MSTR makes the list for growth stocks to sell.\nSource: Poravute Siriphiroon / Shutterstock.com\nVital Farms(NASDAQ:VITL) is part of the better-for-you food movement.\nOther players in the space such asBeyond Meat(NASDAQ:BYND) andOatly(NASDAQ:OTLY) have seen their share prices collapse. Vital Farms has done just the opposite, however, with its shares doubling since February.\nThe company producesnaturally raised eggswhich consumers perceive to have better taste and health benefits, and also have more humane practices in how Vital Farms’ animals are raised.\nConsumers have proven that they’re willing to pay a premium for these higher quality eggs. However, there tends to be limits to how far these sorts of alternative foods companies can run up. As I mentioned, other predecessors like Beyond Meat have fared poorly as long-term investments.\nWith the recent rally, Vital Farms is trading at 50 times trailing earnings. Even with a superior product, at the end of the day Vital Farms is still selling eggs.\nThere’s not a significant competitive moat here; certainly,other producerscan deliver higher-quality eggs to market as well if the consumer demand is there. At this valuation and after an 80% rally, investors should be extremely skeptical of VITL stock.\nSource: Ken Wolter / Shutterstock.com\nWingstop(NASDAQ:WING) is another sizzling growth company that is also, improbably enough, in the chicken business. The fast casual restaurant chain sells mountains of chicken wings and related products every year.\nWingstop pandemic growth was due to its focus on delivery and not investing as heavily in its on-premise restaurant locations. That ended up being ideal for the pandemic-era market conditions. It also positions Wingstop well for the current consumer focus on delivery and in-app ordering.\nAt some point enough is enough. Wingstop has gone up 450% over the past five years and shares are already up 51% year-to-date. This is simply unbelieveable for a restaurant chain regardless of how strong the restaurant concept may be.\nRestaurant profits tend to be limited as food and labor make up a large portion of overall revenues. It generally isn’t a sound investment strategy to pay software-type valuation multiples for low-margin consumer discretionary businesses.\nWingstop is now up to more than110 timesforward earnings. This is a simply outlandish figure for a restaurant chain.\nJust look at some other recent highflyers such aStarbucks(NASDAQ:SBUX) that are now seeing theirshare prices plungesince growth slowed down.\nI’m not necessarily forecasting that Wingstop’s growth spurt is about to end. But at this sort of valuation, any sort of reversion to the mean or issues with slowing consumer spending or changes in customer behavior or preferences could cause Wingstop shares to plummet.\nOn the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nIan Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe post3 Growth Stocks to Sell in May Before They Crash & Burnappeared first onInvestorPlace.', 'At the time of thehalvingon April 19,Bitcoin(CRYPTO: BTC)was trading around $65,000. It\'s now trading under $60,000. This wasn\'t supposed to happen, given that halving events have historically been very bullish for Bitcoin. Since its peak of $73,750 on March 14, Bitcoin is down nearly 20%.\nThat officially qualifies as "dip" territory, so the obvious question becomes: "Should Ibuy the dipon Bitcoin?" While there is definitely reason to be concerned about Bitcoin\'s recent performance, there are two key factors in Bitcoin\'s favor right now. Let\'s take a closer look.\nAdmittedly, investor inflows into the new spot Bitcoin ETFs have slowed since their early scorching pace. But that was to be expected. Investors will be a lot more cautious about putting their money into an ETF if the price of the underlying asset is declining. That\'s true for any ETF, not just a Bitcoin ETF.\nThe long-term outlook, however, remains unchanged. Increasingly, investors are viewing Bitcoin as a stand-alone asset class that deserves a place in their portfolio. Right now, the growing consensus is that investors should allocate at least 1% of their portfolios to Bitcoin, and that\'s what is fueling the strong investor inflows into Bitcoin. As this percentage increases over time, investor inflows will also increase.\nMoreover, according toBlackRock Inc.(NYSE: BLK), the issuer of the populariShares Bitcoin Trust(NASDAQ: IBIT), the next wave of institutional money into Bitcoin is coming soon. BlackRock says that three different types of institutional investors -- sovereign wealth funds, pension funds, and endowments -- are getting ready to put their money into the new spot Bitcoin ETFs. So I\'m not particularly concerned right now, given that there is so much institutional money still on the sidelines.\nWhile the Bitcoin halving is one of the most anticipated events in the crypto industry, it\'s arguably one of the least understood. The halving is not a "magic button" that Satoshi Nakamoto presses, and the price of Bitcoin goes up. So anyone expecting the price of Bitcoin to spike overnight on April 19 was bound to be disappointed.\nInstead, the halving is the first step in a chain reaction of events. Via the Bitcoin algorithm, the halving reduces the reward paid out to Bitcoin miners by one-half. Another way of thinking about this is that the halving cuts the rate of new Bitcoin creation in half. That instantly makes Bitcoin even more of a disinflationary asset than it already is.\nAt the same time, the halving boosts the perceived scarcity of Bitcoin. That\'s because the maximum lifetime supply of Bitcoin is capped at 21 million coins, and there are already 19.7 million coins in circulation. Put another way, we are getting very close to the point where all the Bitcoin that will ever be created, has already been created. That\'s true scarcity, and that\'s why Bitcoin is so often compared to gold.\nIt takes time for these two effects of the halving to have their full impact, though. That\'s why the Bitcoin halving cycle generally lasts anywhere from 12 to 18 months. We probably won\'t see the full impact of the April 2024 halving until the end of this year, or perhaps even early 2025.\nPatience is the key here. Think of the way that U.S. monetary policy works -- even after the Federal Reserve announces a policy change, it takes time to see the full impact. The same is true with the halving, which can be thought of as monetary policy for Bitcoin.\nThat being said, Bitcoin\'s upward price trajectory is by no means guaranteed. In fact, Standard Chartered Bank recently warned that the price of Bitcoin might dip as low as $50,000 this year. That\'s big news, given that Standard Chartered had previously been calling for a $100,000 price tag for Bitcoin by the end of 2024.\nBut that just goes to show you how volatile the price of Bitcoin can be. For first-time crypto investors, it might seem jarring that the price of Bitcoin can go up or down by 10% in a single 24-hour period. So, before you invest in Bitcoin, you need to be comfortable with this volatility.\nBut longtime Bitcoin investors know the drill by now: always buy the dip. Over the short term, the price of Bitcoin can and will fall. But over the long term, the price of Bitcoin has nowhere to go but up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown More Than 10% After the Halving, Is Bitcoin Still a Buy?was originally published by The Motley Fool', 'At the time of thehalvingon April 19,Bitcoin(CRYPTO: BTC)was trading around $65,000. It\'s now trading under $60,000. This wasn\'t supposed to happen, given that halving events have historically been very bullish for Bitcoin. Since its peak of $73,750 on March 14, Bitcoin is down nearly 20%.\nThat officially qualifies as "dip" territory, so the obvious question becomes: "Should Ibuy the dipon Bitcoin?" While there is definitely reason to be concerned about Bitcoin\'s recent performance, there are two key factors in Bitcoin\'s favor right now. Let\'s take a closer look.\nAdmittedly, investor inflows into the new spot Bitcoin ETFs have slowed since their early scorching pace. But that was to be expected. Investors will be a lot more cautious about putting their money into an ETF if the price of the underlying asset is declining. That\'s true for any ETF, not just a Bitcoin ETF.\nThe long-term outlook, however, remains unchanged. Increasingly, investors are viewing Bitcoin as a stand-alone asset class that deserves a place in their portfolio. Right now, the growing consensus is that investors should allocate at least 1% of their portfolios to Bitcoin, and that\'s what is fueling the strong investor inflows into Bitcoin. As this percentage increases over time, investor inflows will also increase.\nMoreover, according toBlackRock Inc.(NYSE: BLK), the issuer of the populariShares Bitcoin Trust(NASDAQ: IBIT), the next wave of institutional money into Bitcoin is coming soon. BlackRock says that three different types of institutional investors -- sovereign wealth funds, pension funds, and endowments -- are getting ready to put their money into the new spot Bitcoin ETFs. So I\'m not particularly concerned right now, given that there is so much institutional money still on the sidelines.\nWhile the Bitcoin halving is one of the most anticipated events in the crypto industry, it\'s arguably one of the least understood. The halving is not a "magic button" that Satoshi Nakamoto presses, and the price of Bitcoin goes up. So anyone expecting the price of Bitcoin to spike overnight on April 19 was bound to be disappointed.\nInstead, the halving is the first step in a chain reaction of events. Via the Bitcoin algorithm, the halving reduces the reward paid out to Bitcoin miners by one-half. Another way of thinking about this is that the halving cuts the rate of new Bitcoin creation in half. That instantly makes Bitcoin even more of a disinflationary asset than it already is.\nAt the same time, the halving boosts the perceived scarcity of Bitcoin. That\'s because the maximum lifetime supply of Bitcoin is capped at 21 million coins, and there are already 19.7 million coins in circulation. Put another way, we are getting very close to the point where all the Bitcoin that will ever be created, has already been created. That\'s true scarcity, and that\'s why Bitcoin is so often compared to gold.\nIt takes time for these two effects of the halving to have their full impact, though. That\'s why the Bitcoin halving cycle generally lasts anywhere from 12 to 18 months. We probably won\'t see the full impact of the April 2024 halving until the end of this year, or perhaps even early 2025.\nPatience is the key here. Think of the way that U.S. monetary policy works -- even after the Federal Reserve announces a policy change, it takes time to see the full impact. The same is true with the halving, which can be thought of as monetary policy for Bitcoin.\nThat being said, Bitcoin\'s upward price trajectory is by no means guaranteed. In fact, Standard Chartered Bank recently warned that the price of Bitcoin might dip as low as $50,000 this year. That\'s big news, given that Standard Chartered had previously been calling for a $100,000 price tag for Bitcoin by the end of 2024.\nBut that just goes to show you how volatile the price of Bitcoin can be. For first-time crypto investors, it might seem jarring that the price of Bitcoin can go up or down by 10% in a single 24-hour period. So, before you invest in Bitcoin, you need to be comfortable with this volatility.\nBut longtime Bitcoin investors know the drill by now: always buy the dip. Over the short term, the price of Bitcoin can and will fall. But over the long term, the price of Bitcoin has nowhere to go but up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown More Than 10% After the Halving, Is Bitcoin Still a Buy?was originally published by The Motley Fool', 'Investing incryptocurrenciescan be daunting, especially for newcomers to the space. With thousands of cryptocurrencies available and constantly evolving technology, navigating the market can be overwhelming. However, I\'ve found a valuable ally in my investment journey: ChatGPT.\nChatGPT is anartificial intelligencelanguage model that can understand and generate human-like text based on the input it receives. It\'s one of the first widely available AI applications that can interact with users in natural language, offering solutions to various tasks and providing valuable insights across a wide range of topics, especially cryptocurrencies. While its answers aren\'t always foolproof, making it imperative to conduct further research, ChatGPT can be a loyal sidekick for investing in crypto. Here are some ways I\'ve used it.\nOne of the most valuable ways I\'ve utilized ChatGPT is by simply exploring the basics of a blockchain or cryptocurrency I don\'t fully understand yet. Its ability to process information and provide clear responses is invaluable in a landscape that is overflowing with information. With so many options available, it\'s essential to understand the strengths and weaknesses of each cryptocurrency before making an investment decision.\nAs so often is the case in crypto, I find myself not even knowing where to start when trying to learn about the inner workings of a cryptocurrency that make it unique. If you are in this position, it can be as simple as copying and pasting excerpts from whitepapers or documentation on cryptocurrencies and asking ChatGPT to summarize the most important points. In doing so, you not only save yourself time but can get responses put into layperson\'s terms, which is often a rarity in crypto.\nFor example, let\'s say you struggle to understand howBitcoin(CRYPTO: BTC)works and what makes it unique. You could ask ChatGPT something simple like "How does Bitcoin achieve decentralization, and why is it important?" Or you can take things a step further with a question like "Can you explain the process of Bitcoin mining and its significance in the Bitcoin network?"\nChatGPT\'s analysis won\'t directly tell you whether Bitcoin is worth an investment, but it will provide you with valuable insight that could spur further exploration of a cryptocurrency\'s nuances and aid your decision-making process.\nAnother way ChatGPT has been instrumental in my investment strategy is by helping me understand new technologies in the crypto space. Many aspects of cryptocurrencies can be difficult to grasp. By using ChatGPT, you can get a simple explanation of intricate mechanisms and processes that make cryptocurrencies so innovative.\nFor example, I\'ve used ChatGPT to delve into the technological aspects of rollups, a complicated process used by Layer 2 blockchains to finalize transactions. By asking questions like "What are the advantages and limitations of optimistic rollups compared to zk-rollups, specifically in terms of scalability, security, and adoption potential within Layer 2 blockchain ecosystems?" From here, I can gain insights into how these technologies work and their potential impact on the market.\nCompared to the stock market, there are a plethora of new ways to make money in cryptocurrencies beyond just buying and holding. However, these processes can be confusing and complex.\nBy leveraging ChatGPT\'s ability to synthesize information and provide clear explanations, I have been able to delve into innovative investment approaches such as yield farming, providing liquidity, and many other endeavors in decentralized finance (DeFi) protocols with confidence.\nI can ask, "What are the risks and potential rewards of participating in yield farming?" or "How does providing liquidity work, and which platforms offer the most promising opportunities?" ChatGPT\'s responses help me understand these complex concepts, evaluate their viability, and diversify my investment portfolio in emerging sectors of the crypto market.\nAs useful as ChatGPT is, it does have limitations. Rarely, if ever, will it give you direct investing advice. And this is for the better, as the technology still has lapses and makes mistakes. In addition, its knowledge base is cut off at January 2022, so it won\'t be aware of any recent developments or newer cryptocurrencies that have hit the market since then.\nHowever, even with its limitations, ChatGPT can give you the information and insights to navigate crypto confidently. From finding trends in data to answering simple questions, the best way to see how ChatGPT can help you is by trying it for yourself. Remember to be cautious and skeptical in its answers and follow up with your own research. But with some time, you will begin to learn how it ticks, discover its strengths and weaknesses, and how to use it as a tool in your crypto investing journey.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nUnlocking Crypto Opportunities: How ChatGPT Enhanced My Investment Strategywas originally published by The Motley Fool', '• Galaxis, a "post-hype NFT utility platform," has raised $10 million ahead of its token launch.\n• Participants included Chainlink, Ethereum Name Services (ENS) and Rarestone Capital.\nAs it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million from funders including Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday.\nGains made through the company\'s node sale of more than 11,000 \'Galaxis Engines\' also contributed to the total funding.\nThe platform, which helps creators and brands introduce collections ofnon-fungible tokens(NFTs), has worked with celebrities including DJ Steve Aoki, actor Val Kilmer and NBA personality LaMelo Ball. It has sold more than 225,000 NFTs over the last couple of years, generating over 32,000 ETH ($100 million) in secondary sales of NFTs and is now preparing for "mass distribution," the company said.\n"The next step is to see the use of our native GALAXIS token supercharge the ecosystem," said CEO and co-founder Andras Kristof, who also installed the first bitcoin ATMs in Singapore. He also said that as a post-hype NFT utility platform, "we believe the use of this new technology will go beyond the hype" and be of real value to all industries beyond Web3.\nIncubated by CoinMarketCap, Galaxis allows individuals or brands with a community to create engagement and reward mechanisms for their communities through NFTs by removing the need for any third-party engagement tools with a built-in economy.\nRead More:Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton', 'TORONTO,May 7, 2024/CNW/ -DeFiTechnologies Inc. (the "Company" or "DeFiTechnologies") (CBOE CA:DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, has successfully repaidUS$19.5 millionin outstanding loans (the "Loans"). As ofApril 30, 2024, and due to favourable business conditions, Valour has fully repaid balances ofUS$6 millionandUS$13.5 million, which were secured by BTC andETHcollateral, respectively. No further equity or debt was raised to repay the Loan.\nThe Loans, which were structured with "open term" tenures allowing for flexible repayment, were fully repaid onApril 30, 2024. This strategic financial management will result in substantial savings for Valour, eliminating monthly interest expense of approximatelyUS$226,000, orUS$2,712,000annually.\nFurthermore, the repayment of the Loans released digital asset collateral back into Valour\'s operational fold (approximately 100 BTC and 5,000ETH). These digital assets, previously tied up as collateral, are now available to be staked and generate additional top-line revenue for Valour.\nThis development is a testament to Valour\'s financial health and prudent capital management. By freeing up additional digital assets and reducing financial liabilities, Valour has continued its commitment to leveraging its financial agility to enhance its market position and capitalize o Last 60 Days of Bitcoin's Closing Prices:* [68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-07 Financial & Commodity Data: - Gold Closing Price: $2315.20 - Crude Oil Closing Price: $78.38 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,246,743,967,850 - Hash Rate: 534321337.7139056 - Transaction Count: 372643.0 - Unique Addresses: 495831.0 Social & AI Sentiment: - Fear & Greed Index: 0.68 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcointook a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more. Crypto markets rebounded slightly on reports Israel and its allies shot down over 99% of the incoming drones, cruise missiles, and ballistic missiles, but Bitcoin was still trading closer to $65,000 by Monday morning. While the crisis appears contained, at least for now, the scary episode serves a fresh challenge to one of the crypto world’s favorite narratives—that if the world goes to hell and countries collapse, Bitcoin will flourish as a store of value. Instead, as the weekend’s sudden price drop showed, investors are more inclined to dump Bitcoin than to buy it. Meanwhile,gold—which many view as the original and ultimate store of value—ticked up at the height of the weekend’s crisis. It’s true that Bitcoin’s sudden drop was fueled by a wave of liquidations as traders, some of whom were leveraged 50x or more, couldn’t cover their positions after prices first dipped on the war news, which led to still more selloffs. In contrast to these short-term traders, there are many more people holding Bitcoin for the long term—and it’s a safe bet few of them sold or were even tempted to do so. Still, this doesn’t change the fact that amid the latest geopolitical crisis, more people chose to sell Bitcoin than buy it. The broader market treated Bitcoin as a risky asset to flee in favor of traditional safe havens like gold, bonds, and the U.S. dollar. Regardless of whether the broader market view is correct, that’s what happened when Iran started firing missiles. Even though Bitcoin, for now at least, can’t claim to be an economic safe haven, this weekend’s events show that the crypto markets may serve as something else—an early warning signal. Unlike traditional markets, crypto exchanges operate around the clock. Meanwhile, many people in the crypto world follow geopolitical events closely. These conditions mean that crypto prices are among the first to respond to major news events and, when those events occur outside market hours, could serve as a good predictor for what will happen at the opening bell. No doubt people are already working on trading algorithms to do just that. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', '• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', "• The recent equity rebound stalled as investor rate cut bets were made uncertain by Fed commentary.\n• Fed President Neel Kashkari said rates might not be restrictive enough to clamp down on inflation.\n• Earnings continued to roll in, with Disney and Palantir dropping sharply following first-quarter reports.\nUS stocks were mostly higher Tuesday, with the S&P 500 and Dow Jones Industrial Average continuing to pull slightly higher.\nThe Dow hit its fourth straight day of gains, adding to a rebound that started last week. The rally was slowed during Tuesday's session as doubt about rate cuts crept back up following comments from Minneapolis Federal Reserve President Neel Kashkari, who noted that interest rates may not yet berestrictive enough to clamp down on inflation.\nHis remarks followed similar hawkishness from Fed President Tom Barkin on Monday, who indicated that the economy will need to slow down more before policy can pivot.\nStill, futures markets see two 25-basis point interest cuts this year, better than what was expected in April.\nInvestors will tune in to further commentary this week as Fed Governor Lisa Cook and Chicago President Austan Goolsbee are lined up to speak on Wednesday and Friday.\nMeanwhile, earnings data continues to flow in and has helped keep indices afloat. However, weak reports sent shares inDisneyandPalantirplunging 10% and 15% on Tuesday.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,187.70, up 0.13%\n• Dow Jones Industrial Average: 38,884.26, up 0.08% (+31.99 points)\n• Nasdaq composite: 16,332.56, down 0.1%\nHere's what else happened today:\n• Nvidia still has 22% upsideand its valuation is still cheap, Goldman Sachs says.\n• Inflation will rocket if the US doesn't focus onbuilding domestic industries, investment manager Richard Bernstein warns.\n• A 'proper' downturnwill hit in late 2024, spurring a steep Fed pivot, Manulife's chief economist says.\n• The US is unlikely to achieve asoft landing as low-income consumers cut back on spending, Citi CEO Jane Fraser says.\n• Billionaire investor cut back his Nvidia holdings asAI investing has become 'overhyped' for now.\n• A super-rare Magic: The Gathering cardjust sold for a record $3 billion.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil increased 0.6% to $78.52 a barrel.Brent crude, the international benchmark, inched up 0.1% to $83.22 a barrel.\n• Goldslipped by 0.31% to $2,313.23 per ounce.\n• The 10-year Treasury yield slid two basis points to 4.465%.\n• Bitcoinwas essentially flat at $63,142.\nRead the original article onBusiness Insider", 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a focus on sustainable green energy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns and operates state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavour to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.\nEnvironmental Sustainability:\n• Green Energy: By sourcing green renewable energy, HIVE is committed to environmental responsibility, positioning itself as a leader in sustainable cryptocurrency mining.\n• Competitive Advantage: We believe this environmentally conscious approach sets HIVE apart from competitors and aligns with evolving investor preferences.\nExpansion into AI Strategy:\n• Diversification: HIVE\'s diversification into HPC enables us to support artificial intelligence (AI) using Nvidia GPU chips, showcasing our adaptability and innovation beyond traditional Bitcoin mining.\n• Revenue Streams: This strategic move into HPC broadens HIVE\'s revenue streams and places it at the forefront of technological advancements in both cryptocurrency and AI industries.\nHIVE\'s unique value proposition encompasses efficient operations, a proven agile management team, financial strength, environmental sustainability, and innovative expansion strategies. Beyond Bitcoin mining, HIVE is firmly part of the global boom in data center infrastructure, sourcing primarily green renewable energy.\nHIVE presents a unique growth opportunity with over 2,300 Bitcoins on its balance sheet and growing revenue from its suite of Nvidia GPU chips powering data services for the AI revolution.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEdigitaltechnologies.com. Follow@HIVEDigitalTechon Twitter and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:Frank HolmesTel: (604) 664-1078\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-Looking information" in this news release includes but is not limited to: business goals and objectives of the Company; the results of operations for April 2024; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings atwww.sec.gov/EDGARandwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the Company\'s current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/208355', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a focus on sustainable green energy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns and operates state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavour to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.\nEnvironmental Sustainability:\n• Green Energy: By sourcing green renewable energy, HIVE is committed to environmental responsibility, positioning itself as a leader in sustainable cryptocurrency mining.\n• Competitive Advantage: We believe this environmentally conscious approach sets HIVE apart from competitors and aligns with evolving investor preferences.\nExpansion into AI Strategy:\n• Diversification: HIVE\'s diversification into HPC enables us to support artificial intelligence (AI) using Nvidia GPU chips, showcasing our adaptability and innovation beyond traditional Bitcoin mining.\n• Revenue Streams: This strategic move into HPC broadens HIVE\'s revenue streams and places it at the forefront of technological advancements in both cryptocurrency and AI industries.\nHIVE\'s unique value proposition encompasses efficient operations, a proven agile management team, financial strength, environmental sustainability, and innovative expansion strategies. Beyond Bitcoin mining, HIVE is firmly part of the global boom in data center infrastructure, sourcing primarily green renewable energy.\nHIVE presents a unique growth opportunity with over 2,300 Bitcoins on its balance sheet and growing revenue from its suite of Nvidia GPU chips powering data services for the AI revolution.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEdigitaltechnologies.com. Follow@HIVEDigitalTechon Twitter and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:Frank HolmesTel: (604) 664-1078\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-Looking information" in this news release includes but is not limited to: business goals and objectives of the Company; the results of operations for April 2024; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings atwww.sec.gov/EDGARandwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the Company\'s current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/208355', "While most of the top cryptocurrencies are trading sideways or slightly down,Solana (SOL)stands out with a nearly 2.28% increase over the past day. According to CoinMarketCap data, Solana is currently trading at $155.03, marking a week-long gain of over 20.36%. Despite a turbulent month that saw its value swing from a high of $184 to a low of nearly $120, Solana has been steadily climbing in the past week, outpacing the gains of Bitcoin and Ethereum.\nIn contrast, Bitcoin remained flat over the past 24 hours, trading at $63,618, while Ethereum has dipped slightly by 0.84% to $3,075. Over the past week, Bitcoin has seen a modest increase of 4.05%, while Ethereum is up 2.20%.\nAmong the top 100 coins by market capitalization, a couple of notable gainers are in the Solana ecosystem. Jupiter's token,JUP, which serves as a decentralized exchange aggregator, has risen 25% over the past week to reach a price of $1.14. Additionally, leading Solana-based memecoinDogwifhat (WIF)has experienced an over 35% increase over the past 7 days, reaching $3.28.\nSolana's recent resurgence coincides with a surge in new tokens deployed on the network using the SPL standard. On Saturday alone, a record-breaking 14,648 new tokens were deployed on Solana, as reported by Solscan. This trend has continued for the past two weeks, with at least 10,000 new tokens being introduced on the network each day.", "While most of the top cryptocurrencies are trading sideways or slightly down,Solana (SOL)stands out with a nearly 2.28% increase over the past day. According to CoinMarketCap data, Solana is currently trading at $155.03, marking a week-long gain of over 20.36%. Despite a turbulent month that saw its value swing from a high of $184 to a low of nearly $120, Solana has been steadily climbing in the past week, outpacing the gains of Bitcoin and Ethereum.\nIn contrast, Bitcoin remained flat over the past 24 hours, trading at $63,618, while Ethereum has dipped slightly by 0.84% to $3,075. Over the past week, Bitcoin has seen a modest increase of 4.05%, while Ethereum is up 2.20%.\nAmong the top 100 coins by market capitalization, a couple of notable gainers are in the Solana ecosystem. Jupiter's token,JUP, which serves as a decentralized exchange aggregator, has risen 25% over the past week to reach a price of $1.14. Additionally, leading Solana-based memecoinDogwifhat (WIF)has experienced an over 35% increase over the past 7 days, reaching $3.28.\nSolana's recent resurgence coincides with a surge in new tokens deployed on the network using the SPL standard. On Saturday alone, a record-breaking 14,648 new tokens were deployed on Solana, as reported by Solscan. This trend has continued for the past two weeks, with at least 10,000 new tokens being introduced on the network each day.", 'Revolut, the global fintech company and neobank, has made a significant entry into the cryptocurrency space with the introduction of Revolut X, a specialized crypto trading platform for retail customers in the United Kingdom. The platform, which aims to rival major cryptocurrency exchanges, offers easy access and minimal fees.\nInitially, Revolut X will enable trading for over 100 cryptocurrencies, including popular choices like Bitcoin (BTC), Ether (ETH), and XRP. However, the platform plans to expand its selection in the coming months. Revolut X features seamless conversion of fiat currencies like the British pound to cryptocurrencies and vice versa, referred to as "on-ramping" and "off-ramping." Notably, the platform charges fixed fees of 0% for makers and 0.09% for takers, regardless of the trading volume, potentially undercutting its competitors.\nRevolut X is designed with seasoned crypto traders in mind, but all UK users with a retail account can access the platform. They can seamlessly trade between the platform and their Revolut accounts without additional fees or limitations. Revolut stated that customers\' digital assets are held 1:1 and never lent out. The majority of these funds are stored in cold storage, and rigorous custodian due-diligence and constant risk monitoring ensure a market-leading solution for customers.\nRevolut\'s move into the crypto space comes after scaling back its crypto offerings in the UK and the US due to regulatory challenges. However, with the launch of Revolut X, the company demonstrates a renewed focus on cryptocurrencies. Revolut, which initially started as a money transfers service in the UK in 2015, has grown into one of the country\'s largest fintech companies, boasting over 40 million users worldwide. In 2017, it began allowing users to buy, hold, and trade cryptocurrencies.', 'CryptoPunks topped the daily sales chart with US$1.7 million, up from US$130,640 from the day prior.\nEthereum-based CryptoPunks was one of two non-fungible token (NFT) collections with more than US$1 million in sales on Tuesday, from just 14 transactions, according to CryptoSlam data.\nCryptoPunks’ all-time sales volume rose to US$2.82 billion, third in the all-time NFT sales.\nThe second-highest performer of the day was another Ethereum collection, Bored Ape Yacht Club (BAYC), which recorded US$1.05 million in sales.\nBAYC previous day’s US$350,481, with unique buyers growing to 17 and sellers to 27, culminating in 19 total transactions. BAYC’s all-time sales now stand at US$3.14 billion, which is second in all-time sales.\nBAYC and CryptoPunks led the Ethereum chain’s US$7.7 million in daily sales, the highest volume among NFT blockchains.\nDMarket dropped to the third spot in daily sales aftertoppingthe charts on Tuesday. Its sales reached US$839,582, dropped less than a percent from the previous.\nOther notable collections include Mad Lads and NodeMonkes, which also experienced substantial daily sales. Mad Lads saw a daily sales volume of US$800,761, an increase from the previous day’s US$543,026. Bitcoin-based NodeMonkes followed closely with US$750,024 in daily sales, up from US$672,684 the day before.\nSolana Monkey Business and Ethereum’s Pudgy Penguins also made headlines with their daily sales figures.\nSolana Monkey Business recorded US$656,402 in sales, while Pudgy Penguins posted US$595,679, both collections showing a slight decrease from their previous day’s performance.\nNew entries to the day’s top 10 include the $PMPS BRC-20 NFTs collection, which surged to the top 10 with US$551,476 in sales, exploding by more than 500% from the day prior.\nDeGods and DogeZuki Collection rounded out the list with sales of US$411,440 and US$380,574, respectively.', "Chicago, IL – May 8, 2024 – Today, Zacks Investment Ideas feature highlights Amazon's AMZN, Coinbase Global COIN and Transdigm Group TDG.\nAs earnings season begins to wind down, the standout performers are easier to identify. While some stocks posted adequate quarterly earnings, others really wowed Wall Street.\nThese exceptional performers not only exceeded expectations but also provided compelling outlooks, signaling strong potential for future growth.\nAs investors sift through the earnings reports to find winners, I must highlight three stocks that I have been impressed with and believe are poised for further upside potential.\nAmazon's recent earnings report painted a rosy picture, with profits exceeding expectations. The star of the show was their cloud computing division, Amazon Web Services (AWS), which saw significant growth fueled by the surging demand for AI capabilities. This strong performance in AWS underscores Amazon's prime position to capitalize on the booming AI market.\nAWS grew an impressive 17% YoY and brought in $25 billion in revenue for the quarter. Even more impressive was the $9.4 billion profit earned from the segment, demonstrating the huge margins the business enjoys.\nAdditionally, Amazon enjoys aZacks Rank #2 (Buy)rating. Earnings estimates have been revised considerably higher over the last week and across timeframes. Furthermore, EPS are forecast to grow 29.6% annually, which is a very high pace of growth and among the highest of the mega-cap technology stocks.\nCoinbase Global reported a stunning earnings beat last week, bringing in $4.40 of EPS, far exceeding analysts' expectations of $1.28. Revenue was 20% above estimates as well.\nMore than anything, Coinbase has a dominant role in the cryptocurrency ecosystem, especially in the United States. As long as cryptocurrencies and Bitcoin especially remain in a bull market, Coinbase should be one of the primary beneficiaries.\nCoinbase Global currently boasts aZacks Rank #1 (Strong Buy)rating, reflected by strongly upward trending earnings revisions. Earnings expectations have been unanimously upgraded by 250%-300%!\nCoinbase stock is also a powerful trading vehicle. The price action has regularly been consolidating and building out these descending wedges from which it breaks out aggressively from. If COIN stock can clear the $220 level it should make another attempt at its recent highs.\nTransdigm Group soared in its second quarter, exceeding analysts’ expectations. Revenue jumped 20.5%, driven by strong demand across their aerospace platforms. Net income also rose significantly, with earnings per share up over 32% year-over-year. This positive performance reflects the ongoing recovery in the commercial aerospace industry, and TransDigm is well-positioned to benefit from continued growth in passenger traffic.\nTransdigm also has aZacks Rank #2 (Buy)rating, reflecting upward trending earnings revisions.\nTransdigm Group is a lesser-followed stock that has consistently delivered exceptional long-term returns. As a leading manufacturer of aerospace components and systems, TransDigm specializes in producing highly engineered products for use in commercial and military aircraft.\nDespite flying under the radar for many investors, TransDigm's unique business model and focus on high-quality, proprietary products have contributed to its impressive track record of growth and profitability. Over the years, TransDigm has demonstrated its ability to generate strong cash flow and consistently outperform market expectations, making it a compelling investment opportunity for those seeking exposure to the aerospace industry.\nWhile there were a number of strong earnings reported this quarter, these three stocks really jumped out to me. Not only are all of them regular market outperformers but are further bolstered by the top Zacks Ranks.\nFor investors looking to add exposure following earnings, these are three worthy considerations.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nAmazon.com, Inc. (AMZN) : Free Stock Analysis Report\nTransdigm Group Incorporated (TDG) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "Chicago, IL – May 8, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Coinbase Global Inc. COIN, Robinhood Markets Inc. HOOD, CleanSpark Inc. CLSK and Interactive Brokers Group Inc. IBKR.\nThe cryptocurrency market suffered a severe blow in April after a strong rally in the previous 15 months. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen nearly 15% thereafter. Bitcoin gained more than 67% in first-quarter 2024 after jumping 157% in 2023.\nOne of the major reasons behind the decline in Bitcoin price was the halving event, which took place last month. The Bitcoin halving event happens once in four years. Moreover, U.S. equity markets tumbled in April owing to market participants’ concern that the Fed will keep the interest rate higher for longer in light of the sticky inflation rate and a resilient labor market. A higher interest rate is detrimental to high-growth sectors like technology, consumer discretionary and cryptocurrency.\nNevertheless, with the April Bitcoin halving event now concluded, there is widespread speculation that the reduction in the supply of Bitcoins will result in a scarcity-driven price increase for the digital asset in the upcoming months.\nMiners who validate and record transactions receive rewards from the Bitcoin network and transaction fees. Halving reduces the block reward by half, aiming to cap Bitcoin's global circulation at 21 million. Consequently, demand for new Bitcoins increases, driving up prices.\nMeanwhile, Wall Street rebounded in early May following a sharp decline in the April job additions, a notable deterioration of the U.S. GDP growth rate in first-quarter 2024, the contraction of manufacturing and services PMI in April and less-than-hawkish statement by Fed Chairman Jerome Powell after the May FOMC meeting. Consequently, investors’ expectations for the number of interest rate cuts in 2024 rose.\nSeveral research firms have said that this is just the beginning of the Bitcoin rally. Standard Chartered expects Bitcoin to reach $100,000 by the end of 2024. Research firm Fundstrat has provided a target range of $116,000 to $137,000 for this year. Hedge fund SkyBridge predicts Bitcoin to touch $170,000 by April 2025.\nFurthermore, VanEck estimated a medium-term target of $350,000 for Bitcoin. Connors' firm has estimated that the base case Bitcoin will reach $110,000 in 2024 and $140,000 next year. However, according to the firm’s best-case scenario, the cryptocurrency will hit $180,000 in 2024 and $450,000 in 2025.\nWe have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2(Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA Corp.is a semiconductor industry giant and one of the biggest success stories of 2023. As a leading designer of graphic processing units (GPUs), the NVDA stock usually soars on a booming crypto market. This is because GPUs are pivotal to data centers, artificial intelligence, and the creation of crypto assets.\nZacks Rank #2 NVIDIA’s expected earnings growth rate for the current year is 84.7% (ending January 2025). The Zacks Consensus Estimate for its current-year earnings has improved 0.4% over the last 30 days.\nCoinbase Global Inc.provides financial infrastructure and technology for the crypto economy in the United States and internationally. COIN offers the primary financial account in the crypto space for consumers, a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment.\nZacks Rank #1 Coinbase Global has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 11.1% over the last seven days.\nRobinhood Markets Inc.operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform.\nZacks Rank #2 Robinhood Markets has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 16% over the last 30 days.\nCleanSpark Inc.operates as a Bitcoin miner in the Americas. CLSK owns and operates data centers that primarily run on low-carbon power. CLSK’s infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion.\nZacks Rank #2 CleanSpark has an expected earnings growth rate of 89.2% for the current year (ending September 2024). The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last 60 days.\nInteractive Brokers Group Inc.is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures.\nZacks Rank #1 Interactive Brokers Group has an expected earnings growth rate of 12.4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.9% over the last 30 days.\nSince 2000, our top stock-picki Last 60 Days of Bitcoin's Closing Prices: [68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-08 Financial & Commodity Data: - Gold Closing Price: $2313.60 - Crude Oil Closing Price: $78.99 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,229,002,710,000 - Hash Rate: 556219753.1939834 - Transaction Count: 450856.0 - Unique Addresses: 514675.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It's a sign of how fast crypto moves that Ethereum's landmarkDencun upgradelast week is already fading from the headlines. Eyes are now turning to Bitcoin's next quadrennial halving. There's also plenty of gawking at the meme coin frenzy on Solana. (Who doesn't likesloths?) In this week's issue of The Protocol: • Exclusive interview with Solana co-founder Anatoly Yakovenko (on this week'sThe Protocol podcast) regarding what he thinks of meme coin traders, and why he welcomes the latest episode of congestion as a network stress test. • Craig Wright, Polygon, Starbucks, GCR, Dogwifhat, Peter Schiff,Ether.Fi. • Top picks from this week'sProtocol Villagecolumn: Mysten Labs, Sui, Starknet, OP Labs, Stellar, Conio. • More than $60M of blockchain project fundraisings. • Dencun postscript: Which Ethereum layer-2 network is seeing the cheapest fees? This article is featured in the latest issue ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Also please check out our weeklyThe Protocolpodcast. HALVE TIME:The expected date of the next Bitcoin halving keeps creeping forward – thanks to miners upgrading tofaster, more powerful machinesand powering up older models, incentivized by this year's BTC price runup to a new all-time high around $74,000. The halving's ETA is now somewhere around mid-April, a couple weeks earlier than was expected a few months ago. Asimilar thing happened four years ago, when prices were also surging, essentially causing the blockchain to speed up. What's different this time around – and perhapsdifferent from pretty much every prior halvingin the network's 15-year history – is how many projects are now targeting the event for hype-inducing launches and other frenzy-inciting pursuits. Chief among those is the planned launch of Runes, the fungible-token protocol being developed byCasey Rodarmor, whose launch of the Ordinals protocol last year, with its NFT-like inscriptions, caused a sensation on Bitcoin, driving up transactional activity along with fees and congestion. There could also be a scramble to mine block No. 840,000, where the halving is supposed to automatically occur. In the past, mining the all-important halving block brought little more than bragging rights and the chance to embed a message into the blockchain, for posterity. (In 2020, winner F2Pool wrote something about theU.S. Federal Reserve's Covid-related money-printing.) But now, with the introduction of the Ordinals protocol, it's possible to actually trade specific serial numbers to the tiniest increments of Bitcoin, known as satoshis or "sats." And there's a premium for the especially precious "rare sats" corresponding with milestones like the halving. Already, asreported by CoinDesk's Daniel Kuhn, people are predicting that block 840,000 could be "the most valuable block to be mined to date." There's also the risk that the competition could get so intense that things go horribly awry, resulting in a nasty "reorg." Pretty crypto, right? ALSO: Decentralized exchange Aevo'sfounder acknowledged that a recent spike in daily trading volume to over $4.5 billion was partly caused by some users "pumping volumes to $1 billion+ to get more out of our airdrop," adding that it's "not happening anymore." Polygon Labspaid $4 million to Starbucksin 2022 as part of the latte chain's soon-to-be-sunsetted NFT-based loyalty program, Odyssey, people familiar with the matter told CoinDesk's Danny Nelson. GCR,the crypto trader whobecame known in 2022for coordinating successful bets against token prices that later collapsed, reportedlypaid $4 million worth of ether (ETH)for the original image that inspired Solana's runaway hit meme coin dogwifhat (WIF). (Dogwifhat) Ethereumdevelopers areposting the entire script of the Bee Movie, an animated comedy by comedian Jerry Seinfeld about a bee who sues humans, on the second-largest blockchain – in an apparent demonstration of how cheap fees have becomefollowing the network's landmark Dencun upgradelast week. Computer scientistCraig Wright, who has long claimed he is the inventor of Bitcoin, is not in fact Satoshi Nakamoto, anddidn't author Bitcoin whitepaper, a U.K. judge ruled in the closely-watched Crypto Open Patent Alliance (COPA) trial. The evidence presented during the month-long trial was "overwhelming," the judge said. Gold bugPeter Schiffsaid hewishes he'd bought bitcoin in 2010. Poll showsformer U.S. President Donald Trumpis thefavored candidate for the 2024 electionamong crypto-owning voters. Top picks of the past week fromour Protocol Villagecolumn, highlighting key blockchain tech upgrades and news. 1. Mysten Labs, the company behind the Sui blockchain, claimed a "landmark achievement in scaling blockchain capacity" known as "linear scaling," according to the team: "During testing and development in a Sui blockchain environment, Pilotfish, a prototype Sui extension, increased throughput by 8x when backed by 8 machines, successfully illustrating the possibility of linear scaling. The latency per transaction decreased as more machines were added, proving the viability of linear horizontal scaling for low latency blockchain transactions for the first time ever on any blockchain." 2. The developers behindStarknet, the Ethereumlayer-2 networkwhose$2.3 billion STRK token airdroplast month captivated crypto markets, plan to add a design feature known as "parallelization" – one of the factors that reportedly makes rival blockchainSolanapopular as a venue for fast, cheap transactions. The feature will go live as part of an upgrade set for the second quarter, allowing Starknet to "process a greater number of transactions simultaneously, resulting in improved throughput and faster L2 finality," according to a press release distributed by a representative of the developer StarkWare. It is part of the2024 road mapreleased Wednesday. 3. OP Labs, the main development firm behind the Optimism blockchain, planned Tuesday tobegin testing fault proofs on Ethereum's Sepolia test network. The new deployment comes a few months after Optimism launched an initial version of fault proofs on Goerli, another Ethereum test network,in October. Karl Floersch, co-founder of Optimism and CEO of OP Labs, told CoinDesk he expects the proofs to reach Ethereum's main network later this year, with the Sepolia deployment bringing the team closer than ever to this goal. 4. The Stellar Development Foundation, the nonprofit supporting development and growth of the Stellar network, announced that the phased rollout ofSoroban, Stellar’s smart contracts platform, is now complete, enabling anyone to build, deploy and interact with Stellar-based dApps, according to the team. CoinDesk 20 asset: XLM 5. Conio, a financial technology company partly owned by Poste Italiane and Banca Generali, announced the acquisition of a new patent in the U.S.,No. 11,915,314, showcasing a cutting-edge multi-signature model for the creation, custody, recovery and management of a digital asset. According to the team: "The solution, designed to be blockchain agnostic compared to the blockchain used and therefore adaptable to different digital assets, involves the generation of three private keys, only two of which are needed to authorize transactions, thus enabling the recovery of the digital asset if one of the three private keys is unavailable." Schematic from Conio's new patent for a "Method and apparatus for a blockchain-agnostic safe multi-signature digital-asset management." (Conio/U.S. Patent Office) See the entire Protocol Village list from this past week here. The Solana blockchain is in the midst of what some might call a renaissance, itsSOLtoken rebounding almost entirely from all-time-lows in 2020. But recently, it's the source of activity on the chain that might give some analysts pause: Meme coins built around images of dogs and sloths, general ridiculousness and even the very concept of memes themselves. The chain, which aims to offer cheaper and quicker transactions than rival networks like Ethereum, has become the go-to platform for meme coins like dogwifhat (WIF), bonk (BONK), and book of meme (BOME) – tokens whose value lies principally (and unabashedly) in their ability to generate internet buzz. A new arrival is SLERF, asloth-themed token. Hordes of "degens" – the accepted jargon for crypto traders who are, well, really into it – have flocked to Solana, chasing the trend. Mature observers might call it a display of some of the crypto industry's worst excesses, morphing the Solana ecosystem into a carnival of scams, schemesand screw-ups. "To me, it's just a bizarre thing, I think, of people being terminally online and kind of having nothing better to do," Solana co-founder Anatoly Yakovenko told CoinDesk this week in an interview for The Protocol podcast. The meme coin boom has triggered a flurry of activity for the wider Solana ecosystem, with decentralized exchanges on the network surpassing those on Ethereum in terms of overall transaction volume this week. But users are beginning to notice a problem: Many transactions on Solana are failing to go through – highlighting the consequence of meme coin-induced volatility and congestion. The meme craze has ultimately been a mixed bag for Solana, leading to an influx in usage and liquidity, but dredging up problems with its architecture that have left a sour taste in the mouths of some traders. Click here for the full interview by Sam Kessler Fundraisings • Polyhedra Network,the Web 3 infrastructure provider behind the zero-knowledge protocol zkBridge, has closed a$20 million fundraising roundvaluing the company at $1 billion, the firm said in a press release Thursday. The Singapore-based company said the round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital and Web3Port Foundation. • Mantra Chain, a planned network for swapping tokenized real estate and other assets,raised $11 million. Early-stage tech backer Shorooq Partners led MANTRA's round which also included Three Point Capital, Forte Securities, Virtuzone, Hex Trust and GameFi Ventures, according to a press release. • JDI Ventures,a prominent DePIN investment fund under the blockchain hardware manufacturerJDI Global, has announced a strategic investment of $10 million inMXC Foundation. • TEN, an encrypted Ethereum layer-2 network, announced a funding round of $9 million, led by R3, with support from notable investors such as Republic Crypto, KuCoin Labs, Big Brain Capital, DWF Labs and Magnus Capital. • London-basedKeyringraised $6 million in venture capital fundingto expand its on-chain compliance platform, which is targeted to institutional investors and protocols, the firm said Tuesday. Gumi Cryptos Capital and Greenfield Capital led the seed investment round, with Motier Ventures, Kima Ventures and others also participating, the company said. Alex McFarlane and Mélodie Lamarque, co-founders of Keyring Network (Keyring Network) • GRVT, a hybrid cryptocurrency centralized exchange (CEX), announced a strategic fundraise of $2.2 million, bringing the total raised to $9.3 million, according to the team. Trading firms and market makers such as QCP Capital, Selini Capital, Antelope, Pulsar Trading and Ampersan contributed to the latest funding round. • Berachain'scrypto trade aggregator, Ooga Booga,raised $2M. • OKX Ventureshasinvested in Meson Network, a decentralized physical infrastructure network (DePIN), according to the team • Umoja, a pioneering smart money protocol, has successfully closed on a $2 million extension to its initial seed funding round. Deals and Grants • Fuel Labs, a developer ofFuel Network, has partnered withGraviton, an Indian Web3 accelerator, to accelerate its second volume of Indian Web3 startups following a two-month nationwide roadshow. • Aptos Labsis partnering with Google Cloud to bringAptos Gamestack, a unified platform designed to enhance live service game offerings with Web3 capabilities, to the global gaming community. • Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg Data and Tokens • Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion • Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts • Liquid restaking Protocol Ether.Fi's ETHFI Token Debuts at $4.13 After Airdrop and Binance Launchpad Distribution • Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops • North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic • Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch Ethereum's milestone "Dencun" upgrade was thebiggest story in blockchain last week; it might be a sign of just how smooth and successful the operation was, from a technical standpoint, that the industry has now moved on to other high-minded pursuits, such as gawking at the memecoin trading on Solana. But theramifications of Dencunare still playing out, and the ultimate impact – who are the big winners, and losers – likely won't be obvious for weeks or even months. One thing that's already clear is just how massive thefee reductions will be for layer-2 networksthat settle transactions on the main Ethereum chain. Median fees on Arbitrum, the biggest Ethereum layer 2, was around 5.8 cents as of Tuesday, down from about 40 cents just before the upgrade went through. Optimism, a rival layer 2, was seeing fees around 0.7 cents, down from about 50 cents. On the publicly traded crypto exchange Coinbase's own layer 2, Base, the fees dropped from about 30 cents to about 0.6 cents – hitting the company'starget for "sub-cent" transaction costs. Chart showing drop in cost of median layer-2 network fees before and after last week's Dencun upgrade. (Dune Analytics) The blockchain analysis firmGlassnodepublished a chart, citing data from the website L2fees, that's a little easier to eyeball: Table of fees for layer-2 chains, before and after Dencun upgrade. (L2fees/Glassnode) • March 18-20:Digital Asset Summit, London. • April 2024 (estimate): NextBitcoin halving. • April 8-12:Paris Blockchain Week. • April 18-19:Token2049, Dubai. • May 9-10:Bitcoin Asia, Hong Kong. • May 29-31:Consensus, Austin Texas. • June 11-13:Apex, the XRP Ledger Developer Summit, Amsterdam. • July 8-11:EthCC, Brussels. • July 25-27:Bitcoin 2024, Nashville. • Aug. 19-21:Web3 Summit, Berlin. • Sept. 19-21:Solana Breakpoint, Singapore. • Sept. 1-7:Korea Blockchain Week, Seoul. • Sept. 30-Oct. 2:Messari Mainnet, New York. • Oct. 9-11:Permissionless, Salt Lake City. • Oct. 21-22:Cosmoverse, Dubai. • Oct. 23-24:Cardano Summit, Dubai. • Oct. 30-31:Chainlink SmartCon, Hong Kong • Nov 12-14, 2024:Devcon 7, Bangkok. • Nov. 20-21:North American Blockchain Summit, Dallas. • Feb. 19-20, 2025:ConsensusHK, Hong Kong... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) --Exodus Movement, Inc.(OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024.\nThe Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange under the symbol “EXOD.” Current stockholders of the Company do not need to take any action.\nCEO JP Richardson shared “While we are surprised and confused by this last-minute decision, we remain hopeful that the SEC will follow through on its commitment to treat us as the law intends. Exodus has been fully transparent and responsive throughout this process and we expect a swift resolution in this matter. In the meantime, we will continue to provide the best possible service and value for our customers and shareholders.”\nContact\nExodus Investor [email protected]\nAbout ExodusExodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile and browser, Exodus allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum, and more across an industry-leading 10,000+ asset pairs from a beautiful, easy-to-use wallet. The self-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security and complete control over their wealth. For more info visit exodus.com.\nDisclosure InformationExodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com/blog; press releases; public videos, calls and webcasts; and social media: Twitter (@exodus_io and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube.\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.", 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'The price ofEthereum (ETH)has been hovering near a crucial support level at $3,010, experiencing a 2.57% drop over the past 24 hours, according to CoinMarketCap data. During this time, traders have shown a growing belief that the price will continue to decline, as they have accumulated significant short positions.\nThis development comes after Grayscale Investments decided to withdraw its application for an Ethereum futures exchange-traded fund (ETF) on May 7, just ahead of the scheduled decision by the United States Securities and Exchange Commission (SEC). The fate of spot Ether ETF applications, also set to be determined in May, has further fueled speculation regarding the classification of Ether as a security.\nLiquidation data indicates that if the price of Ether rises by 3%, approximately $345 million worth of short positions could be liquidated. In contrast, a 3% drop to $2,920 would only result in the liquidation of about $237 million in long positions.\nAnalysts and the crypto community have grown increasingly skeptical about the approval of a spot Ether ETF by the SEC. However, concerns about Ethereum extend beyond ETF approvals. The low usage of Ethereum has resulted in the challenge of its burn mechanism keeping up with issuance to validators. Furthermore, Ethereum has underperformed in comparison to Bitcoin, attributing it to a lag in speculative interest from short-term holders (STH).', 'CryptoPunks dominated the market with a daily sales volume for the second consecutive day on Wednesday.\nThe Ethereum-based non-fungible token (NFT) collection recorded over US$1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each.\nCryptoPunks led the market despite a 25% sales drop from the day prior. Its US$1.7 million daily sales volume also led the market on Tuesday, according to CryptoSlam data.\nCryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved US$6.68 million in sales on Wednesday, edging out Ethereum’s US$6.04 million.\nThe second-highest performing collection of the day was DMarket, with a daily sales volume of US$725,058, involving a staggering 4,147 unique buyers and 3,569 sellers across 31,734 transactions.\nDMarket is a NFT collection that represents in-game items for the Mythos chain.\nNodeMonkes on Bitcoin claimed the third spot with a daily sales volume of US$717,301.84, engaging 37 unique buyers and 35 sellers in 38 transactions. This is a slight decrease from the US$750,024.31 generated the day before. The collection’s all-time sales now stand at US$214.35 million, reflecting a strong market position.\nNodeMonkes is the all-time leading collection on the Bitcoin network, with US$214.5 million in sales. It is now about US$1 million away from overtaking CyberKongz, an Ethereum-based collection that currently holds the 26th spot on the all-time sales chart.\nOther notable collections that made Wednesday’s top 10 sales list include the $PMPS BRC-20 NFTs, which saw a daily sales volume of US$634,465, and Mad Lads, which generated US$518,697 in sales.\nBoth collections experienced fluctuations in their daily performance, with $PMPS BRC-20 NFTs witnessing an increase in transactions from the previous day, while Mad Lads saw a decrease in sales from US$800,760.\nSolana Monkey Business, Bored Ape Yacht Club, Mutant Ape Yacht Club, DogeZuki Collection, and Guild of Guardians Avatars also featured in the day’s top-performing NFT collections', '• Cumulative monthly spot and derivatives trading volume tanked by 43.8%, CCData said.\n• Binance’s spot market volume registered its first decline since September 2023.\nCryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market.\nThe cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from March’s record high of $9.12 trillion, according to a report by London-based digital assets data provider CCData.\nDerivatives fell out of investor favor again as activity in the futures and options market declined by 47.6% to $4.57 trillion. Meanwhile, the spot market volume suffered a relatively measured drop of 32.6% to $2.01 trillion.\n“This decline followed unexpected macroeconomic data, an escalation in the geopolitical crisis in the Middle East, and negative net flows from U.S. spot bitcoin ETFs, leading to major crypto assets retracing the gains they made in March,” CCData said in a report shared with CoinDesk.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, fell nearly 15% to under $60,000 last month,snappinga seven-month winning trend. The sell-off came as an overheated bull market ran into broad-based risk aversion characterized by renewed tensions in the Middle East, dwindling probability of rapid Fed rate cuts this year and strength in the dollar index.\nTheCoinDesk 20 Index, a measure of the most liquid digital assets, traded nearly 20%, and the total crypto market capitalization slipped by 16.8% to $2.177 trillion.\nWhile Binance remained the largest crypto exchange by volume, its combined spot and derivatives market share fell to 41.5%. The exchange’s spot market trading volume tanked 39.2% to $679 billion in April, recording the first decline since September 2023.\n“The decline in Binance’s market share also coincided with the news that its founder and previous CEO, Changpeng Zhao, was sentenced to four months in prison for the violation of U.S. money laundering laws,” CCData noted.\nBinance CEO Changpeng “CZ" Zhao stepped down after pleading guilty to U.S. criminal charges in November and was replaced by Richard Teng. Since then, Binance’s spot market share has increased from 30.8% to 33.8%, CCData said.', "• MarketVector has started a meme coin index, which is up 195% on a yearly basis.\n• The index constituents include Dogecoin, Shiba Inu, Pepe, Floki Inu, Dogwifhat, and BONK.\nVanEck's MarketVector has jumped on the meme coin bandwagon, starting a new index based on the highly popular token category.\nMarketVector’s Meme Coin Index, which trades under the symbol MEMECOIN, tracks the top six meme tokens. The largest holdings of the meme coin index include Dogecoin {{DOGE}}, Shiba Inu {{SHIB}}, and Pepe (PEPE). Other holdings include dogwifhat (WIF}, Floki Inu (FLOKI), and BONK.\nBased on the performance of its constituents, MarketVector’s new index would be up over 195% on a yearly basis. For comparison,the CoinDesk 20, which measures the 20 largest tokens except stablecoins, is up 97% during the same period, whilebitcoin {{BTC}} has risen 123%.\nMeme coins have a market cap of $51 billion,according to CoinGecko, and the MarketVector index tracks $44.67 billion of it.\nSome investment managers whopreviously spoke to CoinDeskbelieve that the meme coin craze will continue due to low fees on Solana, allowing users to make small bets for potentially large profits, unlike previous manias hindered by high Ethereum fees.\nRecently, a new category of meme tokens called PoliFi has come into the spotlight. The market cap of the new token category surged to$586 millionas the election season heats up.\nOne token in particular, BODEN,is up 16%after former President Donald Trump made a comment about it at a campaign event, while Trump-themed MAGA is up 28% andTREMP142%.", "• Total Revenue:$179.3 million, up 49% year-over-year.\n• Net Income:$210.7 million, compared to a net loss of $388,000 in the previous year.\n• Gross Margin:43% overall; Digital Asset Mining 46%, Hosting 32%.\n• Operating Margin:31%.\n• Adjusted EBITDA:$88 million, up 118% year-over-year.\n• Cash and Cash Equivalents:$98 million, up from $50 million at the end of 2023.\n• Debt:Reduced to $608 million from nearly $1 billion at the end of 2023.\n• Bitcoin Production:2,825 bitcoins, highest among public companies.\n• Power Cost per Kilowatt Hour:$0.043, expected to be between $0.045 and $0.047 in 2024.\n• Capital Expenditures:Included payments for miners and a $4.5 million incremental CapEx for new Austin HPC data center.\n• Warning! GuruFocus has detected 8 Warning Signs with CORZ.\nRelease Date: May 08, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Core Scientific Inc (NASDAQ:CORZ) reported a strong first quarter with total revenue of $179 million, up 49% year over year, driven by increased bitcoin production and hosting revenue.\n• Net income for the quarter was a robust $211 million, a significant improvement from a net loss in the previous year, highlighting effective cost management and operational efficiency.\n• The company has expanded its infrastructure footprint, now operating 745 megawatts with contracts for up to 1.2 gigawatts, positioning it as a leader in bitcoin mining infrastructure.\n• Core Scientific Inc (NASDAQ:CORZ) has successfully entered into a high-performance compute hosting contract, enhancing its service offerings and leveraging its existing infrastructure for new revenue streams.\n• The company's strategic focus on both bitcoin mining and high-performance compute hosting is expected to provide stable, multiyear, high-visibility cash flows, which can help buffer against bitcoin price volatility.\n• Despite strong financial performance, Core Scientific Inc (NASDAQ:CORZ) faces inherent risks associated with the volatility of bitcoin prices, which can impact profitability.\n• The company's significant reliance on the cryptocurrency market exposes it to regulatory and market risks that could affect operational stability.\n• Core Scientific Inc (NASDAQ:CORZ) has a substantial amount of debt, with total debt standing at $608 million as of the end of the first quarter, although it has been reduced from the previous year.\n• The company's growth and expansion plans are highly capital intensive, requiring substantial ongoing investment in infrastructure and technology.\n• While the company is expanding into high-performance compute hosting, the transition requires significant time and capital investment, with full conversion of infrastructure projected to take three to four years.\nQ: On the HPC front, with the 500 megawatt potential infrastructure capacity, what kind of customers are you currently having conversations with? Are they hyperscalers, datacenter operators, startups or just that color you can provide?A: (Adam Sullivan - President, CEO, Director) Our target base right now is mainly around our goal to have prepaid revenues part of this contract. So then having the client pay for the CapEx definitely narrows the scope of potential clients for that definitely puts it in the range of large tech companies that are looking at the development of their AI segments. So that's really our focus right now is mainly around large tech companies with a focus on AI where the demands are for application-specific infrastructure.\nQ: And just drilling down to the economics you guys mentioned, I would like the existing Kharif contract with now roughly $100 dollars per megawatt hour never used get closer to $150 to $170. I'm just kind of curious, is that $150 per megawatt hour level with these existing agreements where the CapEx will be to pay? And really just any other color you could provide margin.A: (Adam Sullivan - President, CEO, Director) Yes, of course. So our target for or what we laid out is really our target for conversions of sites. And so when we when we talk about things like the existing corporate deal for any conversion of existing space, where we leased and then subleased to potential clients, if our total revenue in our margin profile would be of a different and a bit lower. Our focus going forward is really on the conversion of sites. And so what we've laid out are based on discussions with potential clients as well as industry data. That's helping guide us really to the answer. And so what we're looking at on the on the margin side is really that 75% to 80% is really what we're targeting today. And that's on the back of about $1.4million to $1.6 million in revenue per megawatt.\nQ: Thank you very much, operator. Thank you for all the detail in the prepared remarks and presentations. And Adam, I also wanted to ask about the HPC. opportunity. And you mentioned kind of three to five years for greenfield. And if I understood you right, and you mentioned three to four years for your conversions, is that correct? And maybe more importantly, kind of what is the process and for developing greenfield. I'd like to understand kind of the competition. And so if someone comes in, we're looking at a greenfield, how long does it take power? How long does it take to construction? And how do you how do you compete against them? Thank you very much.A: (Adam Sullivan - President, CEO, Director) Of course, their focus. I'm going to start with the second part of the question here what we're seeing from traditional operators today, traditional data center operators, they have long dated contracts. You have 10 years or greater. And so for on the existing infrastructure side, they have a very hard time competing with the part of the industry that we're focused on today. And then going forward, they've sold forward, I would say, at least three to five years of capacity at which they've locked up. And so converting any of that in the short term is very difficult for them. Now if you look forward right now, you're seeing some of large tech companies securing power 2028, 2029, 2030. That's just to secure the power aspect you tack on on top of that, a lot of supply chain constraints for equipment, luckily that we already have. So in the traditional data center industry, it's a minimum three to five years for them to really start attacking this industry and from our perspective, what we're looking at, we said three to four years to fully develop the 500 megawatt you mentioned, we're going to have incremental capacity come online throughout that time period. And that's mainly driven by the fact that we have a lot of the long-lead items already owned inside of our inside of our business today. And you have a lot of those constraints around the electrical infrastructure that you could see.\nQ: Thank you, Wei Adam, Denise, thanks for having me on. So Adam, maybe you could offer a little operational insight. I know the hedge price has trended down right it may be a little bit lower than you expected or had modeled. I'm wondering and I know you said that you expect miners to come off and you look for the next difficult or difficult the adjustment this week and two weeks beyond. Is there anything that you're doing sort of in house term maximize the performance of the fleet?A: (Adam Sullivan - President, CEO, Director) Thanks, Kevin. I think it comes down to two really two items. First, it comes down operations prior to the Harvey. We actually moved our machines based on their efficiency amongst our sites based on their power contracts really to prepare for a time period that could be much worse than what we're seeing today in terms of the $0.05 ask price level. The second part is our in-house software development team has developed a significant amount of firmware around the ability to adjust machines on a minute-by-minute basis amongst different types of firmware settings. And really what that does, it allows us to change our efficiency of our machine fleet, and it allows us to do that based on power prices at each of our sites as well as prevailing house price metrics. And so for us, that provides a significant advantage over our peers who have outsourced much of that capability set, whereas we've been able to integrate really all three parts of the software stack, the energy management on the fleet management and the firmware all into a single software stack that allows us to provide a significant amount of control greater than our peer set today.\nQ: Yes, thank you and good afternoon and thanks for taking my questions on. And I was kind of curious on your thoughts on Kevin's question where you kind of addressed your firmware in your stack on you mentioned other miners using third party on solutions on, I guess as I think about your US firmware solution that you're using internally, is there an opportunity potentially to bring that out into the market and have and have others have other smaller miners, the potential customers, i.e., is this a potential other revenue stream for Gores?A: (Adam Sullivan - President, CEO, Director) Yes, thanks for the question. This is something that we've evaluated in the past potentially rolling out to the broader market. We view this as a significant competitive advantage over that over our peers. And what we've seen over the past few years in terms of the development of software is that we've continued to lead the pack in terms of our development. And so from our perspective, we're going to continue to keep this as our proprietary in-house in-house software so that we can maintain\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", 'Bitcoin\'s(CRYPTO: BTC)price more than doubled over the past 12 months as the approvals of its first spot price ETFs, the halving of its mining rewards, and stabilizing interest rates all brought back the bulls. The easiest way to profit from Bitcoin\'s recovery was to simply buy the cryptocurrency or invest in one of the new ETFs.\nHowever,Bitcoin\'s rallyalso lit a fire under stocks likeCoinbase(NASDAQ: COIN), one of the world\'s top cryptocurrency exchanges, andMicroStrategy(NASDAQ: MSTR), an aging enterprise software company that started hoarding Bitcoin in 2020. Over the past 12 months, Coinbase\'s stock has rallied more than 280% and MicroStrategy\'s stock over 270%. Let\'s see which of these hot crypto stocks is a better buy right now.\nCoinbase generates most of its revenue from transaction fees, so its growth is tightly tethered to the broader cryptocurrency market. In 2023, it generated 34% of its trading volume from Bitcoin, 20% fromEther(CRYPTO: ETH), and 11% from itsstablecoins. The remaining 35% came from smaller altcoins and other crypto assets.\nCoinbase\'s revenue soared 514% in 2021 as stimulus checks, social media buzz, and a fear of missing out (FOMO) drove more investors into the cryptocurrency market. However, its revenue fell 59% in 2022 as rising rates popped that speculative bubble.\nIts revenue declined another 3% in 2023 as the "crypto winter" chilled its business. But in the fourth quarter of 2023 and the first quarter of 2024, its trading volume and total revenue increased sequentially again. That stabilization was largely driven by the aforementioned tailwinds for Bitcoin and other cryptocurrencies.\nCoinbase also continued to grow as several of its largest competitors were derailed by regulatory challenges, and it became the primary custodian for most of the market\'s new Bitcoin spot price ETFs. Analysts expect its revenue to rise 80% for the full year.\nCoinbase\'s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin also turned positive again in 2023 as it aggressively cut costs. Analysts expect its adjusted EBITDA margin to rise from 31% in 2023 to 49% in 2024 as the crypto winter finally ends. Based on those expectations, Coinbase\'s stock still looks reasonably valued at 19 times this year\'s adjusted EBITDA.\nMicroStrategy\'s core software business mainly sells data analytics software for big enterprise customers. Over the past decade, it has faced intense competition from cloud-based analytics companies likeSalesforce, diversified cloud infrastructure platforms likeAmazonWeb Services (AWS) andMicrosoftAzure, and smaller business intelligence companies.\nMicroStrategy gradually expanded its subscription-based services to offset its declining license and support revenues. But that process was sluggish, and the company unexpectedly shifted gears in August 2020 by purchasing $250 million in Bitcoins. By the end of the first quarter of 2024, it had spent $7.54 billion on buying 214,400 Bitcoins at an average cost of $35,180 per Bitcoin.\nAs of this writing, MicroStrategy\'s Bitcoin holdings are now worth $13.8 billion -- which ismore than halfof its enterprise value of $25.3 billion.\nThe bulls believe MicroStrategy\'s Bitcoin-hoarding strategy will turn it into a much larger company even if the growth of its core business stalls out. Yet analysts still expect the company\'s revenue to dip about 1% this year as it struggles to sell more software.\nThe company is also taking on more debt to fund its Bitcoin purchases, and analysts expect it to turn unprofitable again on a generally accepted accounting principles (GAAP) basis this year as it racks up more impairment costs from its Bitcoin buys. Analysts expect its adjusted EBITDA to grow 8% this year -- but its stock looks expensive at 277 times that estimate.\nCoinbase will remain a linchpin and bellwether of the growing cryptocurrency market, while MicroStrategy is simply a slow-growth software company that is betting the farm on Bitcoin. Coinbase is also growing faster and trades at lower valuations than MicroStrategy. Both stocks might continue to rise as the crypto market recovers, but Coinbase is clearly a more promising long-term investment than MicroStrategy right now.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $554,830!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Leo Sunhas positions in Amazon. The Motley Fool has positions in and recommends Amazon, Bitcoin, Coinbase Global, Ethereum, Microsoft, and Salesforce. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nBetter Crypto Stock: Coinbase Global vs. MicroStrategywas originally published by The Motley Fool', 'After dropping to a low of $59,117.50,Bitcoin(BTC-USD) is back above $63,000, creating big opportunity for some of the best crypto mining stocks to buy.\nEven better, the digital currency could race even with two nearing catalysts.\nFor one,according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during the first quarter, this will show bitcoin has gained further institutional acceptance.”\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe other potential catalyst is the potential rejection of an Ether ETF.\n“This is significant because whileEthereum‘s (ETH-USD) fate may remain up in the air until 2025 or longer, we believe there’s a substantial amount of capital waiting for a digital winner to be declared; to the extent Bitcoin proves to be that winner, the incremental demand would likely be felt even more acutely given the recent bitcoin halving,”TD Cowen analyst Lance Vitanza added.\nBefore either of those catalysts play out, investors should jump into some of the best crypto mining stocks to buy.\nSource: rafapress / Shutterstock.com\nRecent weakness inMarathon Digital(NASDAQ:MARA) is an opportunity.\nFor one, when Bitcoin pushes higher, Marathon Digital typically goes along for the ride. Two, it’s still successfully mining BTC, producing 850 BTC in April, a 21% jump year over year.\xa0Three, as noted bycompany CEO Fred Thiel, “With capacity in Ellendale coming back online and improvements made at other sites, we increased our average operational hash rate 15% in April to 21.1 exahash and increased our bitcoin production 21% to 850 bitcoin.”\nWhile we’ll get a better idea of what’s going on with MARA with earnings on May 9, we do know the stock will join theS&P SmallCap 600today.\nWe also know that for full-year 2023, MARA\xa0produced 12,852 Bitcoin, a 210% jump from a year earlier. Revenues were up 229% for the year to $387.5 million year-over-year. Net income also jumped to $261.2 million, or $1.06 per diluted share from a year earlier loss of $6.94, or $6.12 per diluted share. Adjusted EBITDA came in at $419.9 million from a 2022 loss of $543.3 million.\nSource: rafapress / Shutterstock.com\nWeakness is also an opportunity forRiot Platforms(NASDAQ:RIOT) — another one of the best crypto mining stocks to buy.\nAfter diving to a recent low of $7.80, RIOT is now back to $10.09 and could potentially retest $12.50 again shortly. Longer term, I’d like to see RIOT retest near $17.40. Helping, earnings have been strong, with the company posting net income of $211 million for its first quarter.\nTotal revenue came in at $79.3 million from $73.2 million year over year. It produced 1,364 BTC in the quarter, which was down about 36% year over year. It also saw Bitcoin mining revenue of $74.6 million in the quarter, as compared to the $48 million from a year earlier.\nNeedham is still bullishon the RIOT stock but cut its price target to $15 from $17. All following a downward revision of Riot’s fiscal 2024 revenue and adjusted EBITDA. In addition, in early April, JPMorgan raised its target by 50 cents to $15.50 with an overweight rating.\nSource: rafapress / Shutterstock.com\nThere’s alsoCleanSpark(NASDAQ:CLSK), which has been trading sideways since the start of February. From its current price of $16.50, I’d like to see it initially retest $24.\nFueling upside, analysts at Bernstein predicts mining stocks will eventually consolidate.\nIn fact, as noted byInvestorplace contributor William White, “The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead […] [The] CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets.”\nPlus, recent earnings were impressive. In the first quarter, the company’s revenues jumped to $73.8 million, a 165% jump year over year. Net income was $25.9 million, or 14 cents per share from a year-earlier loss of $29 million, or a 46-cent per share loss. Its adjusted EBITDA also ran to $69.1 million from a year-earlier loss of $2 million.\nOn the date of publication, Ian Cooper did not hold (directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nIan Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe postThe 3 Best Crypto Mining Stocks to Buy for a Q3 Rallyappeared first onInvestorPlace.', 'Bitcoin (BTC-USD) price has slipped below $62,000 (£49,697) over the past 24 hours as investors eye a looming bankruptcy payout that could pose a substantial overhang on the digital asset\'s price.\nAccording to Coingeckodata, the largest digital asset by market capitalisation has posted a decrease of over 1% and is changing hands for $61,182.\nThe defunct Mt Goxcryptocurrencyexchange is set to distribute 142,000 bitcoins, valued at approximately $9.5bn, to creditors before the October deadline.\nA civil rehabilitation trial granted creditors the option to receive their owed amount in cryptocurrency, instead of the fiat currency market price of bitcoin in April 2014, when the exchange filed for bankruptcy.\nAnalysts are concerned that the forthcoming distribution might lead to many creditors selling the bitcoin they receive on exchanges once it\'s in their possession.\nRead more:How a bitcoin court case in Japan may create crypto millionaires\nRecently, creditors observed updates on their crypto claim accounts within the Mt Gox claim filing system. Some creditors have already received payments in fiat currency, prompting analysts to speculate that full bitcoin payouts may be imminent.\nThe Mt Gox cryptocurrency exchange collapsed following a hack in 2014. The trustees of the defunct exchange have set a 31 October deadline for reimbursing creditors.\nThe collapsed FTX cryptocurrency exchange could also impact the cryptocurrency market. On Wednesday, the firm said that once it has sold off its remaining assets, it will have as much as $16.3bn (£13bn) to cover its debts to creditors, which stand at around $11bn.\nThe new CEO, John Ray III, who was tasked with navigating the fallen exchange through bankruptcy following its collapse in November 2022, said, "We are pleased to be in a position to propose a Chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts, plus interest for non-governmental creditors."\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nIn contrast to the Mt Gox payouts, which will be in cryptocurrency, FTX creditors could potentially receive between $14bn to $16bn in fiat currency, pending bankruptcy court approval. DeFiance Capital CIO Arthur Cheong suggested that a portion of these funds may find their way back into the cryptocurrency market.\n"Expect at least $3-$5bn of crypto-native liquidity to be injected back into the market," Cheong said in anX post on Wednesday.\nThe recent downturn in bitcoin prices has prompted a significant liquidation of long positions on cryptocurrency exchanges. The volatility has led to the liquidation of more than $32m in bitcoin positions over the past 24 hours, with the majority, over $21m, consisting of long positions.\nAccording to CoinGlassdata, the overall crypto market saw the liquidation of over $86m in long positions in the past 24 hours. This contributed to over $131m in total liquidations across major cryptocurrency exchanges.\nLiquidations tend to occur during volatile price swings, such as unexpected downturns. When prices rise sharply, as recently observed in the cryptocurrency market, many traders may be compelled to liquidate their short positions due to the surge in asset values. This can intensify overall market volatility, set off a cascade effect and potentially cause a significant increase in price fluctuations.\nRead more:Crypto live prices\nSpeaking this week on Yahoo Finance\'sThe Morning Brief, Yahoo Finance reporter, Jared Blikre, noted that "last week saw the largest outflows from spot bitcoin ETFs to date."\nHe added that bitcoin reacted in a "very characteristic" way. The digital asset dipped but then rose back above a key support level.\n"I would say a low of $57,000 is a price you do not want to see if you\'re a bitcoin bull. But if we are above, especially above the $60,000 mark, as we are now, that is a pretty bullish sign," Blikre added.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin (BTC-USD) price has slipped below $62,000 (£49,697) over the past 24 hours as investors eye a looming bankruptcy payout that could pose a substantial overhang on the digital asset\'s price.\nAccording to Coingeckodata, the largest digital asset by market capitalisation has posted a decrease of over 1% and is changing hands for $61,182.\nThe defunct Mt Goxcryptocurrencyexchange is set to distribute 142,000 bitcoins, valued at approximately $9.5bn, to creditors before the October deadline.\nA civil rehabilitation trial granted creditors the option to receive their owed amount in cryptocurrency, instead of the fiat currency market price of bitcoin in April 2014, when the exchange filed for bankruptcy.\nAnalysts are concerned that the forthcoming distribution might lead to many creditors selling the bitcoin they receive on exchanges once it\'s in their possession.\nRead more:How a bitcoin court case in Japan may create crypto millionaires\nRecently, creditors observed updates on their crypto claim accounts within the Mt Gox claim filing system. Some creditors have already received payments in fiat currency, prompting analysts to speculate that full bitcoin payouts may be imminent.\nThe Mt Gox cryptocurrency exchange collapsed following a hack in 2014. The trustees of the defunct exchange have set a 31 October deadline for reimbursing creditors.\nThe collapsed FTX cryptocurrency exchange could also impact the cryptocurrency market. On Wednesday, the firm said that once it has sold off its remaining assets, it will have as much as $16.3bn (£13bn) to cover its debts to creditors, which stand at around $11bn.\nThe new CEO, John Ray III, who was tasked with navigating the fallen exchange through bankruptcy following its collapse in November 2022, said, "We are pleased to be in a position to propose a Chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts, plus interest for non-governmental creditors."\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nIn contrast to the Mt Gox payouts, which will be in cryptocurrency, FTX creditors could potentially receive between $14bn to $16bn in fiat currency, pending bankruptcy court approval. DeFiance Capital CIO Arthur Cheong suggested that a portion of these funds may find their way back into the cryptocurrency market.\n"Expect at least $3-$5bn of crypto-native liquidity to be injected back into the market," Cheong said in anX post on Wednesday.\nThe recent downturn in bitcoin prices has prompted a significant liquidation of long positions on cryptocurrency exchanges. The volatility has led to the liquidation of more than $32m in bitcoin positions over the past 24 hours, with the majority, over $21m, consisting of long positions.\nAccording to CoinGlassdata, the overall crypto market saw the liquidation of over $86m in long positions in the past 24 hours. This contributed to over $131m in total liquidations across major cryptocurrency exchanges.\nLiquidations tend to occur during volatile price swings, such as unexpected downturns. When prices rise sharply, as recently observed in the cryptocurrency market, many traders may be compelled to liquidate their short positions due to the surge in asset values. This can intensify overall market volatility, set off a cascade effect and potentially cause a significant increase in price fluctuations.\nRead more:Crypto live prices\nSpeaking this week on Yahoo Finance\'sThe Morning Brief, Yahoo Finance reporter, Jared Blikre, noted that "last week saw the largest outflows from spot bitcoin ETFs to date."\nHe added that bitcoin reacted in a "very characteristic" way. The digital asset dipped but then rose back above a key support level.\n"I would say a low of $57,000 is a price you do not want to see if you\'re a bitcoin bull. But if we are above, especially above the $60,000 mark, as we are now, that is a pretty bullish sign," Blikre added.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'An application for a rule change that would have allowed Grayscale Investments to offer an Ethereum futures exchange traded fund has been withdrawn—puzzling some analysts.\nAccording to a Securities and Exchange Commission (SEC)filing on Tuesday, the NYSE Arca Inc., the exchange on which the fund would have traded, had withdrawn the request on May 3.\n"On May 3, 2024, the Exchange withdrew the proposed rule change," the filing said without specifying reasons for the decision.\nNYSE originally filed the application on Sept. 19, 2023. The SEC has twice delayed making a decision on the application, most recently on March 22.\nBloomberg ETF analyst James Seyffartwrote in a Tuesday poston X/Twitter that he didn’t understand the firm’s rationale for withdrawing. "Idk why they\'d do this honestly," Seyffart wrote.\nUnlike the applications for spot Ethereum ETFs, which analysts say are unlikely to be approved imminently, nine Ethereum futures ETFs are already trading. The SEC approved a number of the funds last October.\nSince then, the funds have garnered modest assets compared to the first spot bitcoin ETFs, which have soared since they won SEC approval on Jan. 10 and began trading a day later.\nThe largest Ethereum futures ETF, theProShares Ether Strategy ETF (EETH), has only accumulated $77 million in assets since its unveiling, which is meager compared to the nearly $17 billion that BlackRock\'siShares Bitcoin Trust (IBIT)has garnered in its four-month history.\nA Grayscale spokesperson declined to commentl.\nSome analysts have speculated that an Ethereum futures ETF could be used as leverage to push the SEC into approving a spot Ethereum ETF.\nLast August, Grayscalewon a watershedlegal victory in federal court against the agency after the SEC blocked its conversion of the Grayscale Bitcoin Trust (GBTC) into an ETF. In their decision, federal appeals court judges noted that the SEC’s blocking of the trust conversion was “arbitrary and capricious” because the agency had already approved bitcoin futures ETFs. By having an Ethereum futures ETF, Grayscale could have potentially used the same logic to sue the agency, Seyffart speculated.\n“This was essentially a trojan horse filing in my view, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit,” wrote Seyffart on X on May 7.\nYet the withdrawal would seem to make that strategy less likely.\nTheGrayscale Bitcoin Trust ETF (GBTC)currently has $18 billion in assets, despite bleeding billions. That fund carries a 1.5% fee, though—the highest among spot bitcoin ETFs.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin fell below $61,000 on Thursday asthe crypto market continued its downward movementthat has persisted throughout the week.BTC dipped to $60,815 at around 11:00 UTC, trading about 2.25% lower than 24 hours before. The CoinDesk 20 Index (CD20), which measures the performance of the broader digital asset market, meanwhile has sunk by about 2%. Ether is trading just below $3,000, down 0.9%, while SOL has declined by nearly 3%. The crypto market could also soon be faced witha wave of supply events delaying a return to upward movement, with nearly $11 billion worth of BTC set to be distributed to creditors of Gemini's Earn program and the long-defunct Mt. Gox, according to cryptocurrency analysts K33.\nVanEck subsidiary MarketVectorhas started an index based on the performance of the top six meme coins.The MarketVector's Meme Coin Index, which trades under the symbol MEMECOIN, is up 195% on a yearly basis. For comparison, the CD20 is up 97% during the same period. MEMECOIN tracks Dogecoin, Shiba Inu, Pepe, dogwifhat, Floki Inu and BONK, which account for nearly $47 billion of the total meme coin market cap of $51 billion, according to CoinGecko. While they unashamedly represent the lighter side of the cryptocurrency market, some commentators believe that meme coins could continue to show impressive returns due to low fees on Solana allowing traders to make small bets for potentially large profits.\nThe 'Boden' meme coinsurged on Wednesday following a throwaway comment from former President Donald Trump.Jeo Boden (BODEN), the joke crypto token referring to a misspelling of President Biden's name, jumped after Trump said he didn't like it as an investment. The Republican challenger for the White House was hosting an impromptu Q&A session at the Trump Cards NFT Gala in Florida when he was asked about BODEN. The token jumped as high as $0.42 before retreating below $0.40 over the ensuing hours. At the time of writing, it is priced at around $0.36, up nearly 16% in the last 24 hours. Trump also said he intends to start accepting donations for his presidential campaign in cryptocurrency.\n• The table shows bitcoin and ether's correlation with major equity indices, the dollar index and the VIX index.\n• The correlation has declined to nearly zero, meaning the two cryptocurrencies have decoupled from the broader market.\n• Their uncorrelated nature could potentially attract macro traders looking to lower their portfolio volatility while improving risk-adjusted returns.\n- Omkar Godbole\n• Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ\n• Meme Coin Demand Is Stronger Than Ever, Crypto Analyst Says\n• Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review", 'For the past two months,Bitcoin(CRYPTO: BTC)has lived up to its reputation as one of the most volatile assets in the world. After hitting a new all-time high of $73,750 in mid-March,Bitcoinquickly dropped below $57,000 by the end of April.\nFor now, Bitcoin has recovered nicely to the $62,000 level. But questions still remain about where Bitcoin is headed in 2024. Is Bitcoin overvalued or undervalued at its current price? To answer that question, let\'s take a closer look at two key catalysts.\nIt all starts with the newspot Bitcoin exchange-traded funds (ETFs). For the first four months of 2024, massive investor inflows into these ETFs have led to a huge rally in Bitcoin\'s price. The new spot Bitcoin ETFs -- led by theiShares Bitcoin Trust(NASDAQ: IBIT)and theFidelity Wise Origin Bitcoin Fund-- quickly accumulated more than $30 billion in assets under management. They have found widespread investor acceptance. At one point, the iShares Bitcoin Trust had a 71-day streak of net positive inflows.\nAdmittedly, there has been a noticeable pullback in the amount of new money headed into these ETFs over the past month as the price of Bitcoin drifted lower. But we are now gearing up for what can be thought of as "round two" for these ETFs. According toBlackRock, the issuer of the iShares Bitcoin Trust, the next round of ETF buyers will include three important types of institutional investors: sovereign wealth funds, pension funds, and endowments. Combined, that\'s going to represent another huge influx of new money into Bitcoin, helping to prop up its price for the foreseeable future.\nThe second major reason to buy Bitcoin now is the halving. This event, which took place on April 19, results in the rewards paid out to Bitcoin miners being slashed in half. On the surface, this might not sound like a big deal. But this process sets off a chain reaction of events that (a) boosts the scarcity of Bitcoin and (b) cements its status as a disinflationary asset.\nBoth of these results are very important for investors. Increasing the perceived scarcity of any asset should lift its price, and it\'s no different wit Last 60 Days of Bitcoin's Closing Prices:* [69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-09 Financial & Commodity Data: - Gold Closing Price: $2332.10 - Crude Oil Closing Price: $79.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,208,266,981,875 - Hash Rate: 613867438.0566123 - Transaction Count: 517193.0 - Unique Addresses: 513026.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye. The biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments. With no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven't moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%. As a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech. These three tech stocks look like they have more potential than any cryptocurrency. Chip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion. Meanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia's offerings and has already caught the attention of some of tech's most prominent players, signing onMicrosoftandMeta Platformsas clients. Additionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled. AMD has massive potential in the coming years; earnings per share (EPS) estimates support this. AMD's earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD's stock price could nearly double by fiscal 2026, rising 96%. And with that, AMD has significantly more potential than the crypto market. Like AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year. The company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple. However, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025. Moreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently. Intel's earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company's forward P/E of 28, you get a stock price of $85. Looking at its current position, these projections could see Intel's stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency. Amazon's(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term. Additionally, as the operator of the world's biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years. Amazon's earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant's forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026. Amazon has a bright future, and you won't want to miss out on its potential. Before you buy stock in Advanced Micro Devices, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 8, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Dani Cookhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Apple, Bitcoin, Ethereum, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy. 3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool... - Reddit Posts (Sample): [['u/that-ngr-guy', 'Scaling, Moores law', 10, '2024-05-09 00:18', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', 'Will bitcoin block size eventually be able to increase, with natural technological revolutions to computing power, every so often?\n\nOr is 1-2mb a permanent constraint?', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', '1cnh5hb', [['u/zrad603', 15, '2024-05-09 00:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l379j6v/', 'All I can say, is read Roger Ver\'s new book. \n\nI\'m pretty convinced what\'s left of the BTC maximalists are just a cult. \n\nI kept hope that BTC might eventually come to their scenes, and eventually raise the block size. But it\'s been 7 years, and they are more entrenched than ever that they can\'t raise the block size. \n\nI think BTC is in it\'s LAST bull run. It\'s possible it already peaked. I think we\'re already entering into "altcoin season".', '1cnh5hb'], ['u/DontDieSenpai', 15, '2024-05-09 01:21', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37elzu/', "You're talking about BTC and this sub is primarily BCH supporters who are critical of the way bitcoin was hijacked by the store of value/small block crowd.\n\nThey claim we HAVE to have small blocks or else all Hell will break loose.\n\nWell, BCH hasn't broken, so I'd say those fears were unfounded.\n\nWithout big blocks, the base layer can't scale, so BTC crowd adopted L2 solutions like LN. But these are almost all custodial solutions and my personal fear is that even with a working L2, users still have to use the base layer from time to time. Tx fees are absolutely ridiculous though and worst case scenario is users literally cannot afford to use the base layer EVER.\n\nSatoshi himself said we would have to increase block size and the initial limit wasn't even his idea. It was a compromise introduced by Hal Finney in order to protect against denial of service attacks.\n\nEven with larger blocks, scaling is easy. Not everyone needs to run their own full node because all it takes is a single honest node to call bullshit if there's anything fishy going on. Specialized data centers have absolutely zero issue running nodes even with MUCH larger blocks than 1-2MB.\n\nLike I said, 1-2MB was NEVER intended to be anything more than a temporary solution implemented to protect the network until it scaled enough to mitigate those risks. At that time, the block limit should have been removed and we should have increased block size to meet demand.", '1cnh5hb'], ['u/ShadowOfHarbringer', 18, '2024-05-09 01:42', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37hqut/', 'Read the book "Hijacking Bitcoin".\n\nYou will deeply understand the issue.', '1cnh5hb'], ['u/doramas89', 13, '2024-05-09 01:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37imoz/', "It already scaled forking in 2017. Check the book Hijacking Bitcoin you'll understand a lot", '1cnh5hb'], ['u/pyalot', 10, '2024-05-09 04:37', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l387qjn/', '1mb is an arbitrary number that Satoshi picked in 2010, and it was extremely conservative back then, as a temporary spam protection 18 months into Bitcoins history, at the time it did about 10 transactions per day. Comparing 2010 with today:\n\n- Global average internet speed up 1000% from 10mbps to 100mbps\n- Server center uplink speed up 1000% from 1gbps to 10gbps\n- MIPS/$ up 1000% from 10 to 100\n- HDD GB/$ up 282% from 28 to 79\n- SSD GB/$ up 1900% from 1.5 to 29\n- RAM MB/$ up 240% from 205 to 500\n\nIt is also expected that more algorithmic optimizations in UTXO dataset processing are possible, and that dedicated UTXO processing chips would be developed, given incentive to do so.\n\nBitcoin has upgraded its blocksize to 32mb in 2017 and will upgrade it to a flexible algorithmic blocksize this month.\n\nBTC obsession with the 1mb blocksize limit has never been about decentralization. The 1mb cult is a scheme to maintain control of BTC so it cannot practically be used, isnt a threat to the monetary order and suffers severe economic centralization.', '1cnh5hb'], ['u/LightningNotwork', 14, '2024-05-09 05:00', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l38ay7f/', "Exactly, this is why the Internet providers universally restricted transfer speeds so the network wouldn't become overburdened. It was accepted that this was the safest way to manage the Internet. \n\nA good example is how websites aren't allowed to be created unless they're under a size limit which ensures 56k modems can still use them effectively. Shame we can't do fancy things like watch videos on the Internet, but it's important to stay backwards-compatible.\n\nWait, no, that's stupid.", '1cnh5hb']]], ['u/rabbit-girl333', 'Found dog, please DM me. Old black and gray Chihuahua.', 53, '2024-05-09 00:38', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/', 'A woman came into my work and handed me this dog, said she found him wandering near BTC. I went back over there but couldn’t find his owner.\n\nPlease contact me ASAP.', 'https://www.reddit.com/gallery/1cnhn8v', '1cnhn8v', [['u/rabbit-girl333', 11, '2024-05-09 22:39', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/l3c3fff/', 'Update: The dog’s owner was found!! Thank you so much :)', '1cnhn8v']]], ['u/No_Exam_4023', 'The joy of sending KAS', 28, '2024-05-09 01:00', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', "It's sooooo fast! And knowing it's PoW... 😮\u200d💨\n\nSometimes I send it between my wallets just for fun (for context, I only own KAS and BTC so maybe I have a skewed perspective on this)", 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', '1cni4u9', [['u/Superb-Cantaloupe-78', 10, '2024-05-09 04:42', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/l388g9q/', 'Same here! Ony BTC and KAS. POW is king. Cant wait for KAS to destroy the POS scam networks and make us rich in the process ;)', '1cni4u9']]], ['u/Master-Winter489', 'Our Synology got attacked by ransomware', 128, '2024-05-09 02:05', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', 'Just noticed that our files and folder are all encrypted and have this txt file in the file station \nanyway we can restore the data without the backup or access the admin account again \n\n Hello.\n \n This is Quick Security.\n \n What happened?\n \n - Your Network was not secure.\n - Your Network-Attached Storage was compromised.\n \n What does this mean? Where are my files?\n \n - All your data has been encrypted and moved to a special volume.\n - All your important documents have been downloaded.\n \n What can I do to recover my data?\n \n - If you want to recover your data, you have to send 0.02 Bitcoin to this wallet address:\n \n \n \n \n !!! Your ADMIN account was restricted for security reasons.\n You can contact us to restore it !!!\n\nI think we are the ones to blame here as we haven\'t had MFA enabled and we were using quick-connect to access the data there .. and I noticed the URL had changed from [synologyname.quickconnect.to](https://synologyname.cz5.quickconnect.to) to [synologyname.cz5.quickconnect.to](https://synologyname.cz5.quickconnect.to) not sure where the " CZ%" came from !! \n\n', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', '1cnjkcp', [['u/mlpzaqwer', 72, '2024-05-09 02:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nfam/', 'To answer your question it’s gonna be a no. Will you get your data back even after you pay? Maybe but probably no. All you can do is be more secure with your accounts next time and backup offsite or even cold storage.', '1cnjkcp'], ['u/Tankgineer', 39, '2024-05-09 02:22', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nkow/', 'Sorry this happened to you. But also thank you for sharing the info about the attack and details about quick connect / MFA. Best of luck in recovering your data.', '1cnjkcp'], ['u/dx___xb', 11, '2024-05-09 02:26', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37o5om/', 'That URL redirection is not a problem - it’s still under quickconnect.to domain.', '1cnjkcp'], ['u/KB-ice-cream', 20, '2024-05-09 02:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sjvp/', 'Did you have any ports forwarded on your router?\n\nCheckout this video to see if you did any of these things. https://youtu.be/x9QPUXldNAc', '1cnjkcp'], ['u/anna_lynn_fection', 13, '2024-05-09 02:57', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sxqh/', 'Then they def got admin access to the NAS. Sorry, but your stuff is most assuredly gone.\n\nMFA might have helped. But, since they got admin, and you say your password was strong, and not the default admin, then it sounds plausible that they got in via a machine the managed to infiltrate that was used to log into admin on the NAS.\n\nIf that\'s the case, then they probably grabbed a session cookie from your browser for the NAS. You may still have a compromised machine that they\'re sitting on, ready to nail you again after you get your NAS up and restored.\n\nPeople always think extra security is "extreme" until they get nailed by not using it.\n\nI recommend a PAW and segregated infrastructure management. Which basically means:\n\n1. You never use your normal workstation OS to log into the NAS admin interface. Use a bootable Linux iso.\n2. You segregate and firewall your management interfaces, so that only an admin VLAN or a specific IP (that\'s not the one you use all the time) can access the management interface.', '1cnjkcp'], ['u/HenryHill11', 16, '2024-05-09 02:59', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37t9rx/', 'Please let us know if you find out how it happened !', '1cnjkcp'], ['u/ConnedEconomist', 13, '2024-05-09 03:07', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37ufk7/', 'Um, that’s not how DNS works.', '1cnjkcp'], ['u/rpungello', 10, '2024-05-09 03:42', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37zmow/', 'RAID 0 or RAID 1? RAID 0 is striped, so if you pull a drive the array fails. RAID 1 is a mirror, and thus if you swap a drive it can rebuild the new drive from the existing one.\n\nWhat you’re proposing is kinda silly though. Every time you swap drives the system would have to re-build the entire array. Just use an external drive as a backup destination and let differential copies do their thing.', '1cnjkcp'], ['u/AppleTechStar', 23, '2024-05-09 03:48', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l380jou/', 'Enable immutable Snapshots from now on. Immutable Snapshots cannot be deleted even by an administrator.', '1cnjkcp'], ['u/mrcaptncrunch', 14, '2024-05-09 03:49', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l380mft/', 'Privileged access workstation.\n\nA machines that’s only used for 1 task which is logging in into restricted/important machines/assets.', '1cnjkcp'], ['u/NoLateArrivals', 128, '2024-05-09 03:53', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l381b8u/', 'Your problem was not QC. Your problems was that the computer you used to access your DS via QC was compromised. Then they replaced the QC URL by one they controlled.\n\nWhat now followed was a „man in the middle“ attack. Instead of contacting the Synology server when you logged in, you contacted the bogus website. This decrypted the content, copied it and then forwarded it to the legit QC server. The answers went through the same procedure.\n\nThis way you send them your user and password yourself. Without 2FA there was no last check, the road was wide open.\n\nYou need to find and sanitize this computer as well, that you used to access your DS. It is taken over and can’t be trusted, for nothing.\n\nFor the data, without a backup you can only pay and hope you get the decryption keys. Which means you will finance a criminal organization, because you didn’t care about running backups. \n\nSorry for being blunt, but you piled one mistake on top of another, until you had a nice stack of trouble waiting to fall.', '1cnjkcp'], ['u/AlexIsPlaying', 31, '2024-05-09 04:00', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l3828v2/', '> our files and folder are all encrypted and have this txt file in the file station\n\nSorry this happened to you. It\'s a good thing that you have backups.\n\nIf your machine is exposed to the internet (quickconnect), you\'ll get a lot of "attacks" each week. I know, because once I looked at some firewall logs, and I saw around 17k login tries per WEEK.\n\n* Disconnect the machine from the internet and reset everything.\n* Enable automatic updates for DSM and plugins.\n* Enable the firewall AND configure it for your needs.\n* Dont give everyone all access, only one should have "all admin" access and all other should only have access to some compartiments folders/shares/apps.\n* Disable the normal "admin" account or at least rename it.\n* Enabled the security login blocks after some tentatives.\n* Enabled the MFA if you can\'t trust your users :P', '1cnjkcp'], ['u/wolf39us', 56, '2024-05-09 04:02', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l382iww/', 'This post has had me immediately login to both my NAS and my router and enable 2FA on both. I will not be clicking "don\'t ask on this device" either.', '1cnjkcp'], ['u/Rarvyn', 34, '2024-05-09 04:24', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l385ydj/', 'I\'ve known people associated with businesses that were hacked similarly - at least one paid and got their data back. That said, I think it\'s for a simple reason - the hacker group had a known name, had articles about them online, and a reputation... if they took the money without delivering the product, they\'d presumably have a harder time getting the next guy to pay up.\n\nBut some generic bozo called "quick security" that hacked an individual? Yeah. No way they\'re doing squat, they\'re going to take the money and run if you pay.', '1cnjkcp'], ['u/climbing2man', 11, '2024-05-09 04:50', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l389lkv/', 'This makes sense. \n\nThat’s how he granted access to his NAS', '1cnjkcp'], ['u/BioshockEnthusiast', 25, '2024-05-09 06:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38kpvs/', "> That said, I think it's for a simple reason - the hacker group had a known name, had articles about them online, and a reputation... if they took the money without delivering the product, they'd presumably have a harder time getting the next guy to pay up.\n\nMake no mistake, ransomware is now a proper industry with an actual supply chain and there are a lot of operations competing for their little corner of that supply chain. Just like real businesses, they're starting to take their reputations seriously.", '1cnjkcp'], ['u/junktrunk909', 20, '2024-05-09 07:19', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38qq9z/', 'Your explanation is a solid one. It also seems possible OP just had a bad password, with admin enabled, no MFA, and either no IP blocking or an attacker that used an IP pool to continuously try passwords until they got in. The route into the NAS might have been QC alone or simply port forwarding with a discovered WAN IP. OP could test by using a different PC to see if their original QC domain is still accessible to access the NAS. If it is, your man in the middle seems most plausible. I have no idea why they would want to change the QC address after/during a direct attack either so that does give more weight to your idea too.', '1cnjkcp'], ['u/ptrku', 15, '2024-05-09 07:34', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38s77a/', 'You can block this feature to always force MFA on same device', '1cnjkcp'], ['u/zanfar', 11, '2024-05-09 08:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38z8zn/', "Neither; in the accessing system itself.\n\nOnce I control your computer, I can do whatever I want--like make it look like you're accessing one thing, while actually accessing another.", '1cnjkcp'], ['u/Quinten_B', 10, '2024-05-09 09:09', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l390cr6/', 'If your PC is compromised, they gain access to everything your PC has access to.', '1cnjkcp'], ['u/TheCrustyCurmudgeon', 19, '2024-05-09 09:40', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l392vji/', ">If your machine is exposed to the internet (quickconnect),\n\nQuickconnect alone does not mean you will get unauthorized login attempts on a regular basis. That's more likely to happen if you're using DDNS, reverse proxies, and/or have a poor firewall setup. I've used QC every day for years. I get virtually zero attacks. The rest of your advice is spot on and if you do all that, QC is not an issue.", '1cnjkcp'], ['u/thecaseace', 33, '2024-05-09 12:40', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l39hbpd/', 'You can now rate them on trustpirate', '1cnjkcp']]], ['u/Erik-Zandros', 'How My Chinese Ancestors Taught Me to Invest in Bitcoin', 304, '2024-05-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/', "I am a second generation Chinese American. Recently, my parents visited the motherland. They brought back something that furthered my belief in Bitcoin.\n\nMy great grandparents (deceased) were wealthy landowners. Our family clan was powerful and prestigious, they had dozens of servants and lived in a huge family compound in the countryside. They were the 1%. Then the communists took over. They ransacked the compound and took everything of value and redistributed the farming land. Almost overnight my great grandparents were reduced to peasants. However, they did manage to save a small amount of their wealth in silver dollars which they had buried in the ground and hid for decades before passing on to my grandparents, who recently passed them on to my parents.\n\nThese silver dollars, a few ounces worth a couple hundred dollars today, are the extent of my great, powerful, wealthy ancestor's legacy. I can't help but think, if only they had Bitcoin! Bitcoin is the ultimate in hard, portable wealth. Bitcoin is better than silver and better than gold in that it can be stored in your mind. Like silver and gold it's even more easily transported, across oceans if need to be.\n\nPersonally I store my wealth in BTC, a small amount in other cryptos and a small amount in gold. The lesson I took from my ancestors is that hard, portable assets are the only things guaranteed to be passed down to future generations.", 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/', '1cnjm5d', [['u/paperraincoat', 12, '2024-05-09 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37rb7x/', '>Nothing anyone can do to make sure it will "store wealth" for any length of time going forward.\n\nWhy single Bitcoin out here? \n\n\\Nothing\\ is guaranteed to hold its value for any length of time. Cash, gold, oil, stocks, bonds, real estate, businesses, REITs, artwork... you name it, it\'s all subject to supply and demand. This is why diversification is usually suggested?', '1cnjm5d'], ['u/BitCypher84', 26, '2024-05-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37vngi/', "Nice post overall.\n\n> Personally I store my wealth in BTC, a small amount in other cryptos and a small amount in gold.\n\nYour small amount of 'cryptos' will unfortunately be a leak in your long term strategy.\n\nBy the way, shitcoins are even worse than fiat money. They can disappear overnight for various reasons, and they don't hold their value over time.\n\nIf I were you, I would convert them to bitcoin as soon as possible.", '1cnjm5d'], ['u/solomonsatoshi', 57, '2024-05-09 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37ybd6/', 'Well said. \n\nWhile it seems likely governments will always be necessary they do often overstep their mandate to rule on our behalf. In my opinion the fiat monetary system already is an example of overreach by the state over citizens. \n\nBitcoin gives us back some freedom and independence in how we can achieve SoV and MoE independent of any government.\n\nAny government that tries to obstruct our freedom to use Bitcoin is a government that is admitting it puts its power over us ahead of our rights to monetary freedom of choice.\n\nThe sad reality is that very few governments have not obstructed Bitcoin and its use by their citizens- Only El Salvador as far as I can see and maybe a few other nations or provinces.\n\nBitcoin is insurance against state overreach and tyranny, and anyone with their eyes open knows we need it and history shows that need is not likely to ever go away.', '1cnjm5d'], ['u/WarPlanMango', 14, '2024-05-09 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l38bbaf/', "Now we just have to figure out the easiest ways to pass on this wealth to children properly. If not done properly then those Bitcoin just gets lost forever. Well I guess that's better than having the government confiscate your family's wealth, and use it for themselves", '1cnjm5d'], ['u/High4zFck', 13, '2024-05-09 08:38', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l38xv5h/', 'it’s not just that they get passed down to future generations, other than currencies, they are also a store of value and will be always worth something, that’s why Gold, Silver and Bitcoin are the only real money\n\ncurrencies can be printed and are backed by nothing, hence one day, they all become worthless…. \n\none of the “most successful” currencies in the world is the british pound with a lifespan of over 300 years - and guess what, it lost around 99,5% of value over this time\n\nso in the near future, we will either be using gold/silver coins again or sats, depends on how fcked we are', '1cnjm5d']]], ['u/ross_st', 'Adding insult to injury: the wallet that lost 1,155 WBTC to an address poisoning phisher was targeted by another address poisoning phisher imitating that fateful transaction', 69, '2024-05-09 03:44', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/', 'This is the original transaction 5 days ago where the victim sent 1,155 WBTC to the phisher: \n[https://etherscan.io/tx/0x3374abc5a9c766ba709651399b6e6162de97ca986abc23f423a9d893c8f5f570](https://etherscan.io/tx/0x3374abc5a9c766ba709651399b6e6162de97ca986abc23f423a9d893c8f5f570)\n\nAnd here, 14 hours ago, is a different address poisoning bot airdropping a transfer of a fake WBTC token to imitate that transaction: \n[https://etherscan.io/token/0x2e57249f1e5ac0bd3b9187d19120d54008b3d967?a=0xd9a192566e41e0804c3d81588a2d15be58853a91](https://etherscan.io/token/0x2e57249f1e5ac0bd3b9187d19120d54008b3d967?a=0xd9a192566e41e0804c3d81588a2d15be58853a91)\n\nI have to wonder how many transactions on Ethereum are now just bots run by scammers trying to do address poisoning.', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/', '1cnlktl', [['u/Potential-Coat-7233', 50, '2024-05-09 03:57', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l381ux9/', '>\xa0I have to wonder how many transactions on Ethereum are now just bots run by scammers trying to do address poisoning.\n\nWhat the fuck is all this development and smart contracts and energy spent programming and “building” on ethereum anyway? It’s all just number go up tech.', '1cnlktl'], ['u/cosysnail', 20, '2024-05-09 04:01', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l382f00/', 'Every time cryptobro gets phished the world becomes a little bit nicer.', '1cnlktl'], ['u/dyzo-blue', 36, '2024-05-09 04:54', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38a5cm/', 'If I understand the whole "Wrapped Bitcoin" thing, it works like this:\n\nSomeone wanted to be able to trade bitcoin, but on a different blockchain, like Ethereum or Tron. So they bought bitcoin on the bitcoin blockchain, and then wrapped it, meaning took it out of use, and created a token on another blockchain that represents it\'s ownership.\n\nWhy would anyone trust that a wrapped bitcoin actually has an underlying bitcoin? It\'s so convoluted that it would be too easy to sell 100 wrapped bitcoins that appear to be synced to a real ones, but have them all linked to the same coin, no?\n\nKnowing the scamtastic nature of creepto, why in the world would you trust such a thing? \n\nSomeone tell me if I\'ve misunderstood this particular type of Butt. It can\'t be that stupid, can it?', '1cnlktl'], ['u/wote89', 27, '2024-05-09 05:25', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38e4ue/', "Obviously, you wouldn't do that because the hit to your reputation would be so damaging you wouldn't be able to participate in the crypto economy again. With that particular identity. If there was even one associated with it at all.\n\n\nSo, y'know, completely foolproof\xa0", '1cnlktl'], ['u/ionfrigate', 24, '2024-05-09 07:40', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38sq3d/', 'You know, I thought that "wrapping" one token onto another\'s blockchain was the type of thing that blockchain solutions could actually do in a secure, nominally decentralized away. It\'s the type of cryptographic tomfoolery that is one of the very few novel things that blockchain solutions are theoretically capable of (even if it\'s all ultimately on de facto centralized chains referencing tokens with no actual value). Something along the lines of embedding the public key to a bitcoin wallet in an Ethereum transaction - it\'d have to be more complex than that, but the basis would be something along those lines.\n\nNope. To paraphrase what people say, shit in crypto isn\'t as stupid as you think, it\'s stupider. Turns out wBTC just relies on a consortium of centralized "custodians". You send them BTC, they send you wBTC, and vice versa. The [whitepaper](https://wbtc.network/assets/wrapped-tokens-whitepaper.pdf) has some handwave-y bullshit about on-chain proof-of-reserves and such, but it\'s clear that there\'s no cryptographically verified one-for-one "these ETH correspond to these BTC" going on. \n\nSo yeah, turns out wBTC is just another wildcat bank in this supposedly "trustless" ecosystem. Shoulda known.', '1cnlktl'], ['u/Iazo', 14, '2024-05-09 09:04', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l390060/', 'Stealing magic beans tech.', '1cnlktl'], ['u/Iazo', 19, '2024-05-09 09:10', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l390ieo/', "So, basically, the 'consortium of custodians' is a bank, the wBTC are bank notes, and the BTC is gold.\n\nMotherfuckers just reinvented ye olde banking system and banknotes.\n\nWow. The ~~future~~past of finance.", '1cnlktl'], ['u/Ermeter', 10, '2024-05-09 13:04', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l39jn8c/', 'Advanced money laundering\xa0', '1cnlktl']]], ['u/NoCrapThereIWas', 'Follow up- Amateur radio exemption added back into Pennsylvania Distracted Driving Bill', 68, '2024-05-09 04:23', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/', 'It looks like the concern from this thread- https://old.reddit.com/r/amateurradio/comments/1cdvgfn/pennsylvania_amateur_radio_operators_sb_37_will/ has been mitigated. The bill was amended to re-state that fcc license holders for amateur radio are permitted to use handheld and mobile radios and fixed some of the emergency responder language too. No word on GMRS, however. The bill passed concurrence in the house with the amendments today and I believe will be signed by the governor. The new full text is here. https://www.legis.state.pa.us/CFDOCS/Legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2023&sessInd=0&billBody=S&billTyp=B&billNbr=0037&pn=1588', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/', '1cnmcwm', [['u/Vaderiv', 13, '2024-05-09 04:48', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/l389ejr/', 'I’m sure Gmrs will be in there because you have to get a fcc radio license.', '1cnmcwm'], ['u/Crafty_Nothing_1622', 11, '2024-05-09 05:07', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/l38bvo0/', 'The operative word is and. "...licensed users...and...removed language."', '1cnmcwm']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 09, 2024', 27, '2024-05-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/', '1cno6cx', [['u/ChadRun04', 12, '2024-05-09 06:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38nqvv/', 'Oh dear, just go full buttcoin already. All these stealth attempts to shill your bcash bags are getting tiring.', '1cno6cx'], ['u/ask_for_pgp', 13, '2024-05-09 07:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38qgdk/', 'BIG BLOCKS? NANO? LOL\n\nIs it 2018 again', '1cno6cx'], ['u/anon-187101', 14, '2024-05-09 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38w0do/', "if it didn't solve the Byzantine General's Problem, it's a shitcoin\n\nif its codebase is a fork/clone/modified version of Bitcoin, it's a shitcoin\n\nif it had a pre-mine, it's a shitcoin\n\nif it didn't monetize itself from nothing ($0.00), it's a shitcoin\n\nif it doesnt have a credible monetary policy, it's a shitcoin\n\nif it has weak final settlement guarantees, it's a shitcoin\n\nif its permissioned in any way, it's a shitcoin\n\nif its not resistant to a nation-state attack, it's a shitcoin\n\nif its network suffers outages or its infrastructure is dependent on AWS, it's a shitcoin\n\nif it has a leader/figurehead/company behind it, it's a shitcoin\n\nif it has a marketing department or any copyrighted IP, it's a shitcoin", '1cno6cx'], ['u/mr_sew', 10, '2024-05-09 08:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38xwed/', 'Sounds like total government control.\n\nIt could be used to authenticate you for use of just about anything such as accessing the Internet, buying food, gas, or banking, or admittance to government services, and the list goes on of course.\n\nIt would be an excellent foundation for tracking and control of world populations.\n\nAnonymity will be a thing of the past, or for criminals.', '1cno6cx'], ['u/trilli0nn', 15, '2024-05-09 08:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38y69b/', 'Yes, _all_ fiat currencies are centralized shitcoins. Only an idiot would store their wealth in USD for the long term. What’s your point?', '1cno6cx'], ['u/mrlegday', 18, '2024-05-09 09:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l390soq/', "What is even the point of your posts? \nI love when bears are showing up with good arguments. \nYou are simply griefing, you don't even trade this, are you in any position? do you have any target? are you shorting? \nIf you have no meat in the game and you provide no positive value then stfu.", '1cno6cx'], ['u/_TROLL', 17, '2024-05-09 11:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3999tz/', 'Leaning left has nothing to do with crypto -- our politicians on both sides of the aisle are elderly fools who have no idea what they\'re talking about.\n\nTrump [rambled on about crypto yesterday](https://twitter.com/WatcherGuru/status/1788373884418294072), in a vaguely positive way, after babbling a few years back about how much he didn\'t like it. He says "Biden has no idea what crypto even is"; of course, no one at Trump\'s events ever has the balls to ask him if he can explain what cryptocurrency is or how it works. Because he has no clue either -- this is a man who has never used a desktop computer or email.', '1cno6cx'], ['u/messisleftbuttcheek', 10, '2024-05-09 11:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ciuv/', 'Authoritarian / Libertarian is a separate spectrum than Left / Right. I would say though, Democrats have taken a much more authoritarian stance particularly toward crypto in recent years.', '1cno6cx'], ['u/SpontaneousDream', 13, '2024-05-09 12:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39dwaa/', 'Yes, let\'s compare the two candidates. \n\n* Candidate 1: Old. Poor understanding of Bitcoin and crypto. \n* Candidate 2: Old. Equally poor understanding of Bitcoin and crypto. Facing 91 criminal charges across 4 jurisdictions. Convicted fraudster. Wants to be dictator "only for a day". Praises authoritarian dictatorships around the world. Twice impeached. Current sitting in a New York courtroom. \n\nSuch a hard, hard decision to make, right?', '1cno6cx'], ['u/I_AM_AN_AEROPLANE', 10, '2024-05-09 13:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39k9qs/', 'Can we agree to keep this kond of conspiracy shit out of here?', '1cno6cx'], ['u/Order_Book_Facts', 11, '2024-05-09 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39krr2/', 'I love these, “tell me whether or not to sell my bitcoin” posts. Bruh imma keep it a buck with you, WHAT YOU DO WITH YOUR 500k BTC IS A PERSONAL DECISION. \n\nThat being said, come up with a plan. If you sell and don’t have a plan for that 500k you’re probably not going to make great decisions about what you do with it. A friend cash out 1M+ in 2021 and randomly decided he wanted to try and flip/rent some commercial real estate post Covid. If you’ve seen how that market has done, he’s now underwater and paying taxes and expenses on a property that is most of his portfolio and has had very inconsistent cash flow.', '1cno6cx'], ['u/wastedyears8888', 11, '2024-05-09 13:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39kvuk/', 'is some post-halving miner capitulation part of this PA? seems the hashrate and difficulty took a dive, and probably more difficulty reduction is coming in the next retarget', '1cno6cx'], ['u/logicalinvestr', 19, '2024-05-09 13:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39m43p/', "For you, cash out the $500k. I know we have spoken about this before and you told me that you have trouble with the personal stress resulting from bitcoin's volatility. My understanding is that the last bear market was really hard on you emotionally. The last thing you need is to take out debt on that Bitcoin and then watch its value plummet, which means double the stress.", '1cno6cx'], ['u/upside_risk', 15, '2024-05-09 13:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ocmx/', '111 comments, wonder whats happened? Oh its all yank politics nvm', '1cno6cx'], ['u/gozunker', 39, '2024-05-09 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39oo5d/', 'Hey if you just woke up and are thinking “wow 100+ comments, should I read all that” the answer is no unless you want US politics (Biden vs Trump) and Buttcoiners …', '1cno6cx'], ['u/Clnlne', 10, '2024-05-09 14:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39q0ff/', "Comment of the day right here. \nThanks. I'll pass.", '1cno6cx'], ['u/horseboxheaven', 14, '2024-05-09 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ssx5/', 'are you lost?', '1cno6cx'], ['u/Cultural_Entrance312', 13, '2024-05-09 14:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39vdef/', 'On the hourly, BTC‘s RSI is at 39.5 (average 36.4) at time of writing. Nearby resistance are 61.7, 63, 64.5, 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 60.5, 59, 57.5, 56.7, 55.7 and 54.5. BTC keeps stair stepping to new short-term lows.\n\nThe daily RSI is 42.9 and its average is currently at 43.6. I believe a falling wedge had formed. BTC had broken though the top of the support, it is now back below it. The reverse H&S has formed more. I think we are near the end of the down time, IMO. Same resistances/supports as I mention in the hourly. The 100- and 50-day SMI could also act as support /resistance (65688/61200). Target for the reverse H&S would be about 75k.\n\nBTC closed the week green after 4 weeks of red. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It has cooled significantly and is currently 62.2 (77.6 average). A fat flag formation has formed, and we are right in the middle of it. If this is a continuation pattern and is the midpoint, the target would be about 137.5k+/-. Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May could be a red month, but it is currently green and will most likely stay that way. Current RSI 66.5\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/40mrjDwd/](https://www.tradingview.com/x/40mrjDwd/)\n\nDaily: [https://www.tradingview.com/x/ogRJmR2A/](https://www.tradingview.com/x/ogRJmR2A/)\n\nWeekly: [https://www.tradingview.com/x/obCPdYbS/](https://www.tradingview.com/x/obCPdYbS/)\n\nMonthly: [https://www.tradingview.com/x/YA730f7d/](https://www.tradingview.com/x/YA730f7d/)', '1cno6cx'], ['u/DrunkOnWeedASD', 10, '2024-05-09 15:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39zfbe/', "Speculation: negatives are stacked against bitcoin for the moment. ETFs are not doing shit (they still could in the future, but for now they're just baggage in the form of gbtc). This is a huge temporary disappointment\xa0\n\n\nThen we've got mtgox making serious actual progress towards repayment. FTX is the same. It's going to be a lot of bitcoin added to supply side\n\n\nOver at the tradfi section we've had inverted yield curve for 18 months. How much longer can it stay this way? The bad is really starting to stack up. It will at the very least hurt for a while before fed cuts and everything is chill again, but it rarely goes this smoothly\n\n\nI predict sideways for 1-2 months, then we get seriously bruised up because of the above, then more sideways, and then we can go up when this baggage is dealt with", '1cno6cx'], ['u/Frunknboinz', 27, '2024-05-09 15:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39zq3r/', "FTX is all cash, so if anything it's a positive.", '1cno6cx'], ['u/dopeboyrico', 19, '2024-05-09 15:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3a0aww/', 'Most recent higher low of $60.8k broken but it looks like we may have already found support at $60.6k, we’ll see if it holds.\n\nSo far the range we’ve been in for the past 1.5 months has consisted of a 23.3% drop from ATH of $73.7k down to a local low at $56.5k. A 25% pullback would be $55.3k and a 30% pullback would be $51.6k.\n\nRemaining higher lows acting as areas of support before a larger 30% pullback becomes possible are at $58.8k, $56.9k, $56.5k, and $54.4k.\n\nWe appear to be at roughly net neutral when it comes to spot ETF’s for the time being. We can no longer count on spot ETF’s to consistently have net inflows nor GBTC to consistently have net outflows. I suspect the next big move will coincide with spot ETF’s getting out of their lull one way or another: either we start seeing big daily net inflows again coinciding with a pump or we start seeing big daily net outflows again coinciding with a dump.\n\nAside from 2021, we just broke a record for longest amount of time it has taken to reach a new ATH in the midst of a bull market. Previous record was 54 days in 2017’s bull market which saw a drop of 29.4% within that window of time. It’s now been 56 days since ATH of $73.7k occurred on March 14th with a drop of 23.3% having occurred within that timeframe. But what about 2021? The initial peak of $64.8k occurred on April 14, 2021 and within 56 days of that ATH, price had dropped to a low of $31.1k or a 52% drop at the time.\n\nCurrent PA is a lot more similar to 2017 rather than 2021 so I lean towards a break to the upside over a break to the downside. We’ll see.', '1cno6cx'], ['u/WYLFriesWthat', 15, '2024-05-09 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aal6y/', 'Everyone’s losing interest. Leverage is falling off. Soon the easier meal whales will be “number go up” instead of “leverage go pop.”', '1cno6cx'], ['u/Downtown-Ad-4117', 28, '2024-05-09 16:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3agmui/', 'I love bearish sentiment in the bull cycle.\xa0', '1cno6cx'], ['u/jarederaj', 21, '2024-05-09 17:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aive3/', 'lol, go look at threads in 2020.', '1cno6cx'], ['u/jarederaj', 14, '2024-05-09 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aly1y/', 'lol, we’ve never had an ATH this early. Too hot too fast.\n\nIt just doesn’t move that fast this early in the cycle. You’re observing the ETFs get their early position. 2020 and 2016 had similar accumulation periods that lasted months. Still a bull market compared to everything else.', '1cno6cx'], ['u/octopig', 12, '2024-05-09 18:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3auhfn/', 'Crazy comment at 62.5K. Unfortunately this isn’t for you my friend.', '1cno6cx'], ['u/fatebound', 28, '2024-05-09 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aul1o/', "Here are the narratives which I'm dispensing all my copium into:\n\n1. The price of bitcoin has more or less been historically placid after the halving then a few weeks later it starts ramping up.\n\n2. My assumption but bitcoin doesn't just hit the previous ATH and then calls it quits and goes on another multi year bear cycle. Doesn't feel right with me\n\n3. Large macro style bullflags have lasted longer than this. \n\n4. Since we are following large indicies like the S&P500 now, you can expect prices around 67-70k in the immediate future.\n\nFeel free to add some if you can think of any", '1cno6cx'], ['u/dopeboyrico', 11, '2024-05-09 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3az5ls/', 'Adding on to point 4, both S&P 500 and Nasdaq are less than 2% away from ATH.\n\nIf we’re assuming correlation, these indices reaching new ATH should coincide fairly closely to BTC also reaching new ATH.', '1cno6cx'], ['u/John_Crypto_Rambo', 22, '2024-05-09 19:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3b2gcn/', 'You take away their power if you set an alert for $80k and forget about crypto for a while.', '1cno6cx'], ['u/AverageUnited3237', 18, '2024-05-09 19:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3babkt/', 'Sentiment in here seems properly fucked yet we\'re at 62k. Dipped my toes in a bit here, bought "the dip"(more dry powder on the side if we truly breakdown)\n\n\nNot even 3 weeks after he halving and we\'re at 62k and seems like based on commentary here people are already getting shaken out... not the time to be bearish imo', '1cno6cx'], ['u/AverageUnited3237', 19, '2024-05-09 20:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bf196/', "It's been going down for almost two months straight (reference the sea of red on the weekly chart), and suddenly everyone here is bearish now. Most of the same people here were bullish at the top. I'm not making any moon predictions, but I feel that this is probably not the worst time to be accumulating.", '1cno6cx'], ['u/bobbert182', 15, '2024-05-09 20:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bgach/', "We're consolidating under ATH just after the halving. What is there to be bearish about?", '1cno6cx'], ['u/GRYMandFROSTBITTEN', 13, '2024-05-09 20:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bh3wn/', 'When I look, I see bullish consolidation after a massive move up.', '1cno6cx'], ['u/Cygnus_X', 20, '2024-05-09 21:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bm5d3/', "I'm still expecting we'll be back above 70k sometime in june", '1cno6cx'], ['u/octopig', 10, '2024-05-09 21:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bmdt3/', 'You’ve NEVER been more bearish???', '1cno6cx'], ['u/nationshelf', 31, '2024-05-09 21:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bnkpp/', 'Whether you’re bullish or bearish, Bitcoin consolidating for months at a time is completely normal.', '1cno6cx'], ['u/marsh2907', 14, '2024-05-09 23:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3c79s6/', "Yeah sure...... It's all the stock market controlling the BTC price direction.", '1cno6cx']]], ['u/Impressive-Buyer-333', 'I am thinking about becoming a whole coiner', 164, '2024-05-09 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/', 'I am considering buying 1btc & then moving it off the exchange to a wallet.\n\nI am hesitant for a couple reasons - mainly price fluctuations. I don’t mind the 1-10% drawdowns, but a move like 50% would possibly shake me out.\n\nHow do you full coiners cope with the price of BTC fluctuations? \n', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/', '1cnokjr', [['u/UtahJohnnyMontana', 92, '2024-05-09 06:32', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/l38lvtm/', "If 50% would shake you, don't do it. That is not an uncommon occurrence with Bitcoin. If you're not in it for the long haul, you're going to get burned.", '1cnokjr'], ['u/OGghost2', 24, '2024-05-09 06:39', 'https://www.reddit.com/r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• The Dow rose for a seventh straight session on Thursday.\n• Despite jobless claims coming in higher than the previous week, Citi analysts said the reading was still low.\nUS stocks accelerated in afternoon trading on Thursday, propelling the Dow Jones Industrial Average to its seventh consecutive day of gains to mark its longest winning streak of 2024.\nDespite a shaky start to the day, the major stock averages rose steadily after the latest jobless claims came in higher than expected, bolstering the case for rate cuts from the Federal Reserve amid a cooling labor market.\nTech giants, including Apple, Meta, Microsoft, and Amazon, all gained on the day. Shares ofCaterpillarandHome Depotled the way in powering the Dow Jones higher.\nA $25 billion sale of 30-year Treasury bonds saw good demand, which helped yields come down and bolster gains for stocks.\nThe latest data showed weekly jobless claims hitting their highest level since August, jumping to 231,000 and helping to make the case that the labor market may be cooling enough to make the Fed more amenable to lowering interest rates soon.\n"We would be more concerned if initial claims continue to increase steadily in coming weeks and surpass the 260k levels from last year," Citi analysts said in a note on Thursday,\xa0 adding that New York initial claims alone contributed 10,000 to the total jump in weekly claims.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Thursday:\n• S&P 500:5,214.08, up 0.51%\n• Dow Jones Industrial Average:39,387.76, up 0.85% (+331.37 points)\n• Nasdaq Composite: 16,346.26, up 0.27%\nHere\'s what else is going on:\n• Buy this boring part of the stock marketfor overlooked exposure to the AI boom.\n• Wheat prices have surgedto 8-month highs amid global conflict and extreme weather.\n• \'Seriously underwater\' mortgagesare on the rise throughout the US, with Southern states seeing the biggest jump.\n• Don\'t blame Wall Streetfor jacking up home prices, economist says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 0.8% $79.61 a barrel.Brent crude, the international benchmark, was up 0.75% to $84.20 per barrel.\n• Goldrose 1.2% to $2,350 an ounce.\n• The 10-year Treasury dipped two basis points to 4.457%\n• Bitcoinwas up 0.7% to $62,566.\nRead the original article onBusiness Insider', "VanEck, a prominent asset management firm, has joined the memecoin frenzy by introducing a new index focused on this highly popular category of tokens. The index, known as MarketVector's Meme Coin Index and traded under the symbol MEMECOIN, tracks the performance of the top six meme tokens in the market. The largest holdings of this index include well-known meme coins likeDogecoin (DOGE),Shiba Inu (SHIB), andPepe (PEPE). Other tokens such asdogwifhat (WIF),Floki Inu (FLOKI), andBonk (BONK)are also part of the index.\nMarketVector's MEMECOIN Index has seen a staggering year-on-year increase of over 195%. In comparison, Bitcoin (BTC) has seen a rise of 123%. The memecoin market currently has a total market capitalization of $50.7 billion,accordingto CoinMarketCap, and MarketVector's index tracks $44.67 billion worth of meme coin value.\nAs meme coins continue to capture the attention of investors and gain traction in the market, the launch of VanEck's MEMECOIN Index provides a new tool for tracking the performance of these unique digital assets.\nSome believe that the memecoin craze will persist due to the lower fees associated with Solana, a blockchain platform that enables users to make small bets with the potential for significant profits. This stands in contrast to the previous bull market that saw high fees on the Ethereum network, especially during the boom in NFT trading.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", 'As the cryptocurrency market once again experiences volatility post a strong Q1 2024 surge, investors face fresh uncertainty. The recent price dip raises doubts about the sustainability of the rebound, emphasising the persistent volatility of digital assets. Consequently, market participants navigate uncertain terrain, recognising the inherent risks at play.\nAgainst this backdrop,\xa0Coinbase Global Inc\xa0has emerged as the top cryptocurrency trading platform, commanding a 47% share of voice on Reddit, reveals the\xa0Social Media Analytics Platform\xa0of\xa0GlobalData, publishers of EPI.\nGlobalData’s report,\xa0“Top Platforms for Crypto Trading – Q1 2024,”\xa0 reveals that the remaining top-mentioned platforms for crypto trading are Binance Holdings, Cash App, KuCoin Exchange, Kraken Bitcoin exchange, Bybit Fintech, OKX.com, and Bitfinex.\nShreyasee Majumder, Social Media Analyst at GlobalData, said: “In Reddit discussions on crypto trading platforms, customer service took centre stage as the most popular topic with 52% share during Q1 2024. Platforms like Binance and Kraken received mixed reviews, with users praising efficiency while expressing frustration over the delayed responses and account freezes.\nMeanwhile, Coinbase and Cash App faced pronounced criticism for their handling of inquiries, marked by prolonged wait times and difficulties in issue resolution. These varied experiences underscore the critical importance of addressing service quality across the cryptocurrency market to bolster user satisfaction and foster trust in these platforms.”\nDespite Coinbase garnering 47% of Redditors\' share of voice among the top eight trading platforms, the community\'s diverse opinions highlight concerns about the platform glitches, high fees, and withdrawal costs, prompting calls for enhancements. Although users experienced dissatisfaction due to shortcomings in customer support, their enthusiasm for Coinbase\'s platform functionalities, particularly features like staking, continues to thrive. Furthermore, influencers are engaged in discussions regarding the evolving regulatory landscape, emphasising the need for legal clarity to ensure Coinbase\'s compliance and continued growth.\nBinance emerged as the second-most discussed platform with 29% share of voice during Q1 2024. Redditors embarked on a cautious exploration of various facets of Binance’s operations, delving into the key discussed topics like the platform\'s notable decision to delist Monero, regulatory challenges, and the notable success of $WIF\'s launch on the Binance Smart Chain. Additionally, discussions surrounding trust and security issues, as well as Binance\'s profound impact on altcoins, added depth to the community dialogue.\nMajumder added: “These multifaceted discussions underscored the nuanced perspectives within the Reddit community and emphasised the pivotal role that Binance plays in shaping the dynamic landscape of the cryptocurrency market.”\n"Coinbase dominates Reddit discussions amongst top crypto trading platforms during Q1 2024, reveals GlobalData" was originally created and published byElectronic Payments International, a GlobalData owned brand.\nThe information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.', 'LAS VEGAS, May 10, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240510284046/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'LAS VEGAS, May 10, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240510284046/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'Bitcoin’s NodeMonkes led the non-fungible token (NFT) market in daily sales with US$876,936 on Thursday.\nNodeMonkes rose 21% from the previous day’s sales total of US$725,058. It was the third best-selling collection on Wednesday.\nThursday’s sales total pushes NodeMonkes’ all-time sales volume to US$215.16 million. It’s ranked as the top NFT collection in the Bitcoin network and is less than US$1 million away from overtaking CyberKongz for the 26th spot in the market, CryptoSlam data shows.\nCryptoPunks, an Ethereum collection, led the market for two straight days this week but fell out of the top 10 on Thursday with sales totaling US$113,210. The collection had just under US$3 million in sales in the two days before it dropped off the list.\nThe second-highest performing collection of the day, DMarket, witnessed a substantial daily turnover with sales reaching US$781,961.\nThis collection saw high engagement totals with 4,312 unique buyers and 3,715 sellers, resulting in 34,674 transactions.\nDMarket is a collection that represents in-game items for Mythos Chain.\nTwo Bitcoin collections closed the day in the top three, with the $PMPS BRC-20 NFTs trailing DMarket. PMPS had a daily sales volume of US$735,936.\nOther collections also made the top 10 list with their daily performances. Solana’s Mad Lads came in fourth with a daily sales figure of US$689,509 between 53 unique buyers and 50 sellers.\nAzuki followed with US$631,040 from 34 unique buyers and 32 sellers.\nThe Bored Ape Yacht Club, a collection that is often on the daily top three list, recorded a sales volume of US$232,374 on Thursday. This is the 10th consecutive day BAYC has stayed under US$1 million in daily sales.', "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin tradedeither side of $63,000 during the European morning on Fridayhaving retreated from its rebound to $64,400 late Thursday.BTC looks set to end the week in an upward trend having recovered from its collapse south of $57,000 last week. At the time of writing, bitcoin is priced just under $63,000, 3.1% higher in the last 24 hours. The CoinDesk 20 Index (CD20), measuring the broader digital asset market, is up 3.6%. Solana led the gains among the CD20 constituents, climbing over 9% to $154, while DOGE is up just over 4.5% at $0.15, testament tothe meme-coin seasonin crypto markets.\nComfortably the biggest gainer of the last week among the largest cryptocurrencies is toncoin (TON), the native token of The Open Network,which has risen from around $5.20 to just under $7.In the past 24 hours, it has jumped nearly 17% following news that viral Telegram-based game Notcoin will introduce its native NOT token on May 16. TON, which is the blockchain of choice for the messaging app's blockchain projects, has risen nearly 30% in the last week, extending its gains against other crypto majors. For context, the CD20 is up around 5.5% compared to its level of a week ago.\nBinance and fellow crypto exchange KuCoinhave won registration with India's Financial Intelligence Unit.They became the first offshore crypto-related entities to be approved by the anti-money laundering unit, months after being banned at the end of last year. KuCoin paid a $41,000 fine and resumed operations, while Binance is also expected to pay a penalty after a hearing with the FIU. “Binance is registered but the compliance proceedings are not completed because the amount of penalty has to be decided by me and that hearing is still going on,” said Vivek Aggarwal, who heads FIU-IND. Among the other sanctioned platforms, Kraken, Gemini, andGate.iohave all begun negotiations with the regulator.\n• The chart shows cumulative notional open interest, or dollar value locked, in the active toncoin (TON) perpetual futures contracts listed on Binance, Bybit and OKX.\n• Open interest has risen to a one-month high of nearly $200 million in a sign of renewed inflow of money into the market.\n• TON has risen 28% in one week, outperforming the rest of the 10 largest cryptocurrencies by market value.\n• Source: Velo Data\n- Omkar Godbole\n• Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy\n• Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win\n• Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure", "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin tradedeither side of $63,000 during the European morning on Fridayhaving retreated from its rebound to $64,400 late Thursday.BTC looks set to end the week in an upward trend having recovered from its collapse south of $57,000 last week. At the time of writing, bitcoin is priced just under $63,000, 3.1% higher in the last 24 hours. The CoinDesk 20 Index (CD20), measuring the broader digital asset market, is up 3.6%. Solana led the gains among the CD20 constituents, climbing over 9% to $154, while DOGE is up just over 4.5% at $0.15, testament tothe meme-coin seasonin crypto markets.\nComfortably the biggest gainer of the last week among the largest cryptocurrencies is toncoin (TON), the native token of The Open Network,which has risen from around $5.20 to just under $7.In the past 24 hours, it has jumped nearly 17% following news that viral Telegram-based game Notcoin will introduce its native NOT token on May 16. TON, which is the blockchain of choice for the messaging app's blockchain projects, has risen nearly 30% in the last week, extending its gains against other crypto majors. For context, the CD20 is up around 5.5% compared to its level of a week ago.\nBinance and fellow crypto exchange KuCoinhave won registration with India's Financial Intelligence Unit.They became the first offshore crypto-related entities to be approved by the anti-money laundering unit, months after being banned at the end of last year. KuCoin paid a $41,000 fine and resumed operations, while Binance is also expected to pay a penalty after a hearing with the FIU. “Binance is registered but the compliance proceedings are not completed because the amount of penalty has to be decided by me and that hearing is still going on,” said Vivek Aggarwal, who heads FIU-IND. Among the other sanctioned platforms, Kraken, Gemini, andGate.iohave all begun negotiations with the regulator.\n• The chart shows cumulative notional open interest, or dollar value locked, in the active toncoin (TON) perpetual futures contracts listed on Binance, Bybit and OKX.\n• Open interest has risen to a one-month high of nearly $200 million in a sign of renewed inflow of money into the market.\n• TON has risen 28% in one week, outperforming the rest of the 10 largest cryptocurrencies by market value.\n• Source: Velo Data\n- Omkar Godbole\n• Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy\n• Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win\n• Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure", 'Node is a Key Step Using AI to Improve and Grow Web3 Apps; MOR Token Now Available to Access AI Compute and Reward\nChicago, IL, May 10, 2024 (GLOBE NEWSWIRE) --\nLumerin, a protocol and foundational layer technology using smart contracts to control how P2P data streams are accessed, routed, and transacted, today announced its testnet node for decentralized artificial intelligence (AI) compute will go live in Q2 or Q3 on the Morpheus AI network. \xa0The Lumerin team are avid code contributors and, upon seeing the opportunity represented by Morpheus, contributed codebase that was years in the making and battle-tested. Lumerin’s testnet node is a key step in developing applications that use AI to make Web3 applications more accessible, transparent, and efficient for consumers and businesses alike.\nWhy Decentralize AI?\nCentralized AI models are more prone to inherent biases and increase the risk of censorship and monopoly. Decentralized AI on-chain democratizes access to data and intelligence and ensures better transparency and accountability with open testing benchmarks without the need to rely on flawed, centralized frameworks.\nLumerin Powers The Morpheus AI Network\nLumerin is leveraging its existing codebase to build the core node software for Morpheus, a decentralized AI network that connects users, compute providers, and personal AIs, called Smart Agents, in a seamless Web3 ecosystem. \xa0Key benefits include:\n• PermissionlessAccess to Personal AIs– Open, transparent, equitable access to public and private AI models.\n• Decentralized Al Data Routing– Secure, reliable, and efficient allocation of AI resources across the network and within any AI services marketplace.\n• Censorship Resistant– Democratic access to AI that protects data and user privacy.\n• Crypto Payments for AIs– More freedom, better usability, and rewards for Smart Agent providers using crypto payment rails.\n• AI Marketplace– A highly cost-effective, accessible two-sided market for AI services where users and AI service providers transact directly.\n"Our code contribution to Morpheus represents a vision of a future where individuals have complete control over their data and their privacy, free from the shackles of government censorship and corporate interests,” said Lumerin project leader, Ryan Condron. “Together we’re on a mission to use decentralized AI to help grow and make Web3 applications more accessible, transparent, and efficient for everyone.”\nOn Friday, May 10 at 1p ET, Lumerin and Morpheus will host the Spaces session, “Why Decentralized AI Matters,” where community members can join to discuss and learn more about this dynamic topic.\nThe Utility of MOR Token\nLike ETH for Ethereum, MOR is the underlying token and main asset for AI projects launched on the Morpheus network. The main utility of MOR is access to AI compute for holders and rewards for capital and code contributors. In addition, holders will eventually be able to stake MOR towards their favorite Smart Agents and front ends, allowing users to be rewarded in those entities’ native tokens.\nMOR can only be earned or purchased. Running on Arbitrum, MOR is now on Uniswap. MOR rewards for capital and code contributors will be available for claim by visiting theMOR Dashboard.\nAn FAQ and complete details about the MOR token is availablehere.\nAbout Lumerin\nLumerinis an open-source protocol and foundational layer technology that uses smart contracts to control how P2P data streams are accessed, routed, and transacted. Live on Arbitrum, Lumerin’s first use case is the world’s first peer-to-peer, decentralized marketplace for trading Bitcoin hashpower. Lumerin is currently being leveraged to decentralize and more efficiently allocate AI compute power and, as its ecosystem expands, will enable novel applications on DePIN and the tokenization of real-world assets (RWAs). Lumerin can also enable encrypted video and audio streams, permissioned communications, and programmable data streams and digital assets like NFTs and more. Founded in 2021, Lumerin’s strategic partners include Bloq, Hive Blockchain, Fenbushi Capital and Outlier Ventures, among others.\nFor more info, visithttps://lumerin.io/.\nCONTACT: Alexa K Head of Marketing Lumerin alexa (at) lumerin.io', 'Block(NYSE: SQ)stock has seen some wild swings over the past few years, skyrocketing and then tanking. Customers love its products, and the company has demonstrated consistent revenue growth throughout most of its lifetime. But it has struggled with profitability, and its seeming obsession withBitcoinhas scared some investors off.\nDoes it deserve a space in your portfolio?\nBlock operates two main businesses: Square, its original seller\'s business, and Cash App, a personal finance app with payments, bank accounts, and more. Both businesses offer easy-to-use services that provide innovative and tech-based solutions to real problems.\nThe seller\'s business offers payments and management solutions to help small businesses operate more efficiently. One recent breakthrough on the platform is the ability to accept payments even when there are connectivity issues. That\'s a real benefit that serves frustrated customers, and Square has a strong track record of delivering these kinds of services that make life easier for its users.\nSquare\'s revenue increased 11% year over year in the 2024 first quarter. Like many similar businesses, most of its revenue comes from transactions, which is mostly payment processing. Transaction-based revenue accounted for 81% of the total.\nThe Cash App business accounts for the majority of sales, at 70% of the total . Management is strategizing for Cash App to become more of a full-service bank app, with one of its objectives to "bank our base," and the other two to service families and become a "social bank." Sound familiar?\nIt definitely looks like it\'s talking a page out of theSoFi Technologiesplaybook. This makes sense considering SoFi\'s excellent performance and Cash App\'s similarities and base of millennial customers. Cash App revenue increased 23% year over year in the first quarter.\nBlock has incredible potential and was the kind of growth stock investors loved when it first came onto the scene. It\'s truly disruptive and innovative and was growing fast. It struggled early in the pandemic when small businesses were closed. Even though it has recovered to some degree, its stock is down 75% from its highs in 2021 and is about flat over the past five years.\nTwo parts are turning off investors. One is Block\'s major problems with profitability. Instead of becoming profitable at scale, it was bleeding through more and more cash.\nA few months ago, management said it was getting serious about cost-cutting, and that seems to be working. It slashed the head count, with a commitment to remain below 12,000 for the near future. It has turned to automation and artificial intelligence (AI) to better use its resources and reported $250 million in operating incomeat a 12% marginand $472 million in net income in the 2024 first quarter.\nThat\'s a welcome update. Even though Block needs to demonstrate sustained profitability to please investors, it\'s on the right track. So why is Block down 10% this year, even after a positive earnings report?\nThat brings us to the second reason investors are wary, and Block didn\'t do itself any favors in the first quarter when addressing it. And that\'s Bitcoin.\nBlock began to buy Bitcoin back in 2020, although it has been interested in it from early on. It offers Bitcoin trading through Cash App, which it counts as revenue.\nWithout Bitcoin trading, Cash App revenue increased 18% in the first quarter. That\'s still a good showing, but Bitcoin accounts for a not-insignificant amount. In other quarters, it has made a more substantial difference.\nBlock has invested in Bitcoinand blockchainin other ways, as well, such as Spiral, which "builds and funds free, open-source projects that advance the use of Bitcoin as a tool for economic empowerment." It also invested in TBD, which "is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution."\nIn his shareholder letter, CEO Jack Dorsey said he gets asked all the time about why Block, which changed its name from Square to signal its trajectory, is investing so heavily in Bitcoin. He gave a several-page-long explanation about how he sees Bitcoin as the native currency of the internet and why it\'s going to be crucial for digital financial transactions. He also said Block uses less than 3% of its resources on Bitcoin-related projects.\nIn other words, instead of deliberate consideration about how the Bitcoin ventures are scaring away shareholders, he doubled down on the premise.\nNow, I\'m not a prophet, and I have no idea if he\'s right or wrong in his thinking. But I do know that if you run a public company, part of your mission is to create shareholder value. Any investor interested in buying Block stock will know in advance that they\'re investing in Jack Dorsey\'s management -- for now, at least. People who believe in his vision will invest, but those who don\'t aren\'t going to be encouraged by what looks like a risky play.\nThat\'s what this boils down to. If you believe in Dorsey and his bet on Bitcoin, you might want to buy shares of Block stock. The company is doing well, with increasing sales and profits moving in the right direction. The stock is cheap, trading at only 1.9 times trailing-12-month sales.\nBut if you aren\'t ready to embrace Bitcoin as a global money-moving approach, you should probably stay away from Block stock right now.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $553,959!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nJennifer Saibilhas positions in SoFi Technologies. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nBlock Stock: Buy, Sell, or Hold?was originally published by The Motley Fool', "New York, NY, May 10, 2024 (GLOBE NEWSWIRE) --\nIn the midst of\xa0Bitcoin\xa0and\xa0Ethereum\xa0experiencing declines,Furrever Tokenemerges with an enticing proposition: a limited-time $20,000 giveaway. This offer presents a unique opportunity for investors seeking to diversify their portfolios and capitalize on potential gains. As the crypto market experiences turbulence, Furrever Token's giveaway stands out as a beacon of opportunity, offering participants the chance to win substantial rewards while the industry giants face downward trends.\nBitcoin Social Activity Declines Amid Market Volatility\nBitcoin (BTC) is currently priced at around $60,991.88, reflecting a 2.3% decrease from yesterday's rates. Recent data reveals that Bitcoin has experienced a notable decline in social activity, marking its lowest level of engagement this year. Despite this downturn, Bitcoin maintains a significant presence in discussions within the crypto space, indicating ongoing engagement and participation.\nThe decrease in social activity surrounding Bitcoin is attributed to its recent struggles to maintain the $61,000 price range. Social metrics, however, show that Bitcoin continues to dominate discussions within the cryptocurrency space. BTC's Social Dominance remains within the 26% range, with a slight shift from 26.21% to 26.42%. The Social Volume on May 8th concluded with a count of 4,622, suggesting that Bitcoin maintains a substantial presence in cryptocurrency discussions despite the reported decline in social activity.\nAdditionally, Bitcoin's 24-hour active addresses chart indicates a recent decline compared to activity levels observed earlier in the month and the previous month. Nonetheless, with around 721,000 active addresses as of this writing, Bitcoin continues to demonstrate significant activity on its network despite the recent market dip.\nEthereum Faces Regulatory Hurdles: It Is Still Declining\nEthereum (ETH) is currently priced at around $2,971.87, maintaining stability with a slight downturn from yesterday's prices. However, regulatory challenges loom large for the popular cryptocurrency. On May 6, 2024, the United States Securities and Exchange Commission (SEC) announced a delay in its decision regarding the proposed rule change to list and trade shares of the Invesco Galaxy Ethereum ETF. This delay underscores the uncertainty surrounding the approval of spot Ether ETFs, as the SEC persists in viewing Ethereum as a security.\nDespite resistance from entities like Consensys, which argues Ethereum's classification as a global computing platform akin to commodities like Bitcoin and Gold, the SEC remains firm in its stance. John Reed Stark, a senior law lecturer and former chief of Internet Enforcement at the SEC, emphasized the regulatory body's commitment to protecting crypto investors from predatory practices during his testimony before the US House of Representatives Financial Service Committee.\nAmidst speculation surrounding Ethereum's price action, the cryptocurrency has rebounded approximately 3 percent in the past week, trading around $3,070 on Monday. However, Ethereum faces a technical challenge as it aims for an all-time high (ATH) in the coming weeks, contingent upon consistently closing above $3,380. Additionally, the daily 50 MA serves as a formidable resistance level, adding complexity to Ethereum's price trajectory amidst regulatory uncertainties.\nFurrever Token (FURR) Aims to Pull More Investors with a $20,000 Giveaway\nFurrever Tokenis not your average cryptocurrency. It's a breath of fresh air in the crypto world, infusing irresistible cuteness into every aspect of its platform. With its adorable cat-themed stickers and visuals, Furrever Token offers users a delightful and charming experience, creating a whimsical and heartwarming crypto ecosystem.\nIn addition to its enchanting features, Furrever Token has seen remarkable success with its recent presale, raising over $1 million within just two months. This impressive achievement is a testament to the platform's growing popularity and investor confidence.\nBut the excitement doesn't stop there. Furrever Token recently announced a limited-time competition that has the crypto community buzzing with anticipation. Running from May 9th, 2024, at 17:00 UTC +0 to May 27th, 2024, at 12:00 UTC +0, this competition offers participants the chance to win substantial prizes based on their total buys over the specified period. With a staggering $20,000 up for grabs, the competition prizes range from $1,000 to $5,000, enticing investors looking to capitalize on this unique opportunity. Not only does this competition add an extra layer of excitement to the Furrever Token ecosystem, but it also serves as a clever marketing tactic to increase awareness and engagement with the platform.\nMoreover, Furrever Token offers the potential for significant returns, with promises of up to 15X returns for investors. With its current price reflecting its promising outlook, Furrever Token presents an attractive investment opportunity for both seasoned investors and newcomers alike.\nIn summary, Furrever Token stands out in the crypto landscape with its charming features, successful presale, and enticing limited-time competition. As it continues to capture the hearts of investors and cat lovers alike, Furrever Token is poised for continued success in the world of cryptocurrency.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", "New York, NY, May 10, 2024 (GLOBE NEWSWIRE) --\nIn the midst of\xa0Bitcoin\xa0and\xa0Ethereum\xa0experiencing declines,Furrever Tokenemerges with an enticing proposition: a limited-time $20,000 giveaway. This offer presents a unique opportunity for investors seeking to diversify their portfolios and capitalize on potential gains. As the crypto market experiences turbulence, Furrever Token's giveaway stands out as a beacon of opportunity, offering participants the chance to win substantial rewards while the industry giants face downward trends.\nBitcoin Social Activity Declines Amid Market Volatility\nBitcoin (BTC) is currently priced at around $60,991.88, reflecting a 2.3% decrease from yesterday's rates. Recent data reveals that Bitcoin has experienced a notable decline in social activity, marking its lowest level of engagement this year. Despite this downturn, Bitcoin maintains a significant presence in discussions within the crypto space, indicating ongoing engagement and participation.\nThe decrease in social activity surrounding Bitcoin is attributed to its recent struggles to maintain the $61,000 price range. Social metrics, however, show that Bitcoin continues to dominate discussions within the cryptocurrency space. BTC's Social Dominance remains within the 26% range, with a slight shift from 26.21% to 26.42%. The Social Volume on May 8th concluded with a count of 4,622, suggesting that Bitcoin maintains a substantial presence in cryptocurrency discussions despite the reported decline in social activity.\nAdditionally, Bitcoin's 24-hour active addresses chart indicates a recent decline compared to activity levels observed earlier in the month and the previous month. Nonetheless, with around 721,000 active addresses as of this writing, Bitcoin continues to demonstrate significant activity on its network despite the recent market dip.\nEthereum Faces Regulatory Hurdles: It Is Still Declining\nEthereum (ETH) is currently priced at around $2,971.87, maintaining stability with a slight downturn from yesterday's prices. However, regulatory challenges loom large for the popular cryptocurrency. On May 6, 2024, the United States Securities and Exchange Commission (SEC) announced a delay in its decision regarding the proposed rule change to list and trade shares of the Invesco Galaxy Ethereum ETF. This delay underscores the uncertainty surrounding the approval of spot Ether ETFs, as the SEC persists in viewing Ethereum as a security.\nDespite resistance from entities like Consensys, which argues Ethereum's classification as a global computing platform akin to commodities like Bitcoin and Gold, the SEC remains firm in its stance. John Reed Stark, a senior law lecturer and former chief of Internet Enforcement at the SEC, emphasized the regulatory body's commitment to protecting crypto investors from predatory practices during his testimony before the US House of Representatives Financial Service Committee.\nAmidst speculation surrounding Ethereum's price action, the cryptocurrency has rebounded approximately 3 percent in the past week, trading around $3,070 on Monday. However, Ethereum faces a technical challenge as it aims for an all-time high (ATH) in the coming weeks, contingent upon consistently closing above $3,380. Additionally, the daily 50 MA serves as a formidable resistance level, adding complexity to Ethereum's price trajectory amidst regulatory uncertainties.\nFurrever Token (FURR) Aims to Pull More Investors with a $20,000 Giveaway\nFurrever Tokenis not your average cryptocurrency. It's a breath of fresh air in the crypto world, infusing irresistible cuteness into every aspect of its platform. With its adorable cat-themed stickers and visuals, Furrever Token offers users a delightful and charming experience, creating a whimsical and heartwarming crypto ecosystem.\nIn addition to its enchanting features, Furrever Token has seen remarkable success with its recent presale, raising over $1 million within just two months. This impressive achievement is a testament to the platform's growing popularity and investor confidence.\nBut the excitement doesn't stop there. Furrever Token recently announced a limited-time competition that has the crypto community buzzing with anticipation. Running from May 9th, 2024, at 17:00 UTC +0 to May 27th, 2024, at 12:00 UTC +0, this competition offers participants the chance to win substantial prizes based on their total buys over the specified period. With a staggering $20,000 up for grabs, the competition prizes range from $1,000 to $5,000, enticing investors looking to capitalize on this unique opportunity. Not only does this competition add an extra layer of excitement to the Furrever Token ecosystem, but it also serves as a clever marketing tactic to increase awareness and engagement with the platform.\nMoreover, Furrever Token offers the potential for significant returns, with promises of up to 15X returns for investors. With its current price reflecting its promising outlook, Furrever Token presents an attractive investment opportunity for both seasoned investors and newcomers alike.\nIn summary, Furrever Token stands out in the crypto landscape with its charming features, successful presale, and enticing limited-time competition. As it continues to capture the hearts of investors and cat lovers alike, Furrever Token is poised for continued success in the world of cryptocurrency.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", 'On March 8, former President Donald Trump hosted a group of supporters at Mar-a-Lago. The event was for those who bought more than 47 of the Trump Digital Trading Cards "Mugshot Edition" NFTs, which were priced at $99 each. Trump gave a short speech on cryptocurrency after the dinner, which was recorded andposted on X.\n"The Democrats are very much against it [crypto]. And I say this, a lot of people are very much for it ... and I\'m fine with it. I want to make sure it\'s good and solid ... but I\'m good with i Last 60 Days of Bitcoin's Closing Prices:* [72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-10 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,530,147,334 - Hash Rate: 599332437.5790136 - Transaction Count: 713791.0 - Unique Addresses: 474605.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Investors who have bought and held Bitcoin have done well for themselves, but those in cocoa have amassed riches of their own. The price of cocoa has doubled to start 2024 and tripled over the last 12 months. "The worst is still yet to come," Rabobank commodities analyst Paul Joules said. The world is facing the largest deficit of cocoa supply in over 60 years. The International Cocoa Organization forecasts a shortage increase of 405% compared to last season. Don't Miss: • Executives and founders of Uber, Facebook and Apple are bullish onthis wellness app that you can co-investin at $1.15 per share. • Fortnite’s creator companygreenlights partial ownership for up to 100 accredited investorsin the upcoming series. With roughly two-thirds of the world's cocoa production in West Africa, extreme weather in the region has made it more difficult to grow healthy cocoa crops and transport them to ports for international shipment. Unlike other supply and demand imbalances, it's not easy to increase the supply of cocoa quickly. Trees in West Africa have been aging and yielding less cocoa over the years and farmers have had trouble getting the diseases impacting cocoa crops under control. Hedge funds that have piled into the commodity are benefiting from the situation, with over $8.7 billion in bets via cocoa futures products that the commodity will continue to rise. The bets have further raised the price of cocoa. Martijn Bron, a former global head of cocoa and chocolate trading for Cargill Inc., said hedge funds probably have the "biggest risk exposure to cocoa that they've ever had." Trending:This startup coined “eBay for gamers” with a breathtaking track record has opened upa window to invest in its future growth. Meanwhile, the rapid price appreciation of cocoa has impacted shares of chocolate companies such asHershey Co.(NYSE:HSY), which has seen its stock fall about 23% in the past year. It’s also led to sell-side analysts hitting the company with downgrades. Morgan Stanley recently issued an underweight rating on Hershey in large part because of the steep rise in cocoa impacting its gross margins. BNP Paribas also issued a downgrade. With consumers sensitive to prices after enduring the worst inflation in 40 years, cocoa prices might turn regular chocolate bars into luxury goods. Or they could be another victim of shrinkflation where companies create smaller chocolate bars sold at the same price or use less cocoa in their products. Read Next: • Long overdue disruption in the moving industry is underway.Here’s how to invest in it with just $100. • Here is whereyour most successful angel investmentmay be hidden. "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? • HERSHEY (HSY): Free Stock Analysis Report This articleCocoa's Rise Outpaces Bitcoin As Hedge Funds Have 'Biggest Risk Exposure To Cocoa Ever' — Chocolate Becoming A Luxuryoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks were mostly higher on Friday, with the Dow notching its eighth straight winning day.\n• The strong gains in May come ahead of a key CPI report, set to be released on Wednesday.\n• Fed speakers throughout the day struck a slightly hawkish tone.\nUS stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.\nThe gains came despite hawkish comments from two Federal Reserve officials on Friday. Fed Governor Michelle Bowman said she doesn\'t expect any interest rate cuts this year, while Fed President Lorie Logan said its still too early to be thinking about interest rate cuts based on the latest inflation data.\nYet, stocks pressed higher anyway, buoyed by a solid first-quarter earnings season.\nOf the 92% of S&P 500 companies that have so far reported results, 81% beat profit estimates by a median of 8%, while 60% beat revenue estimates by a median of 5%, according to data from Fundstrat.\nInvestors will now turn their attention to the upcoming release of the April consumer price index report on Wednesday. The report will offer insights into when the Fed might move forward with interest rate cuts.\nFundstrat\'s Tom Lee expects a lower-than-expected inflation report, which shouldsend dovish signals to the Fed and push stocks higher for the rest of May.\n"This April CPI will highlight the possibility that auto insurance\'s disproportionate impact on CPI is ebbing," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,222.66, up 0.16%\n• Dow Jones Industrial Average:39,512.84, up 0.32% (+125.08 points)\n• Nasdaq composite:16,340.87, down 0.03%\nHere\'s what else happened today:\n• Rising home prices are not being caused by Wall Street\'s foray into the single-family home rental market,according to an economist.\n• "Seriously underwater" mortgages are on the rise throughout the US,with Southern states seeing the biggest jump.\n• Stanley Druckenmiller said copper prices will surge over the next six years on growing demand from EVs and missiles.\n• Apple has pulled its new iPad Pro ad that it says "missed the mark" in a rare apology.\n• US home prices have soared 47% so far this decade,outpacing all of the growth seen in the 1990s and 2010s.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 1.10% to $78.39 a barrel.Brent crude, the international benchmark, dropped 1.13% to $82.93 a barrel.\n• Goldedged higher by 1.25% to $2,369.60 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.50%.\n• Bitcoindeclined 3.83% to $60,662.\nRead the original article onBusiness Insider', 'Cryptocurrencies are causing seismic shifts in the financial landscape. They can potentially disrupt traditional financial systems at various levels, from personal finance to entire economies.\nHowever, investing in cryptocurrencies requires a different approach than investing in traditional equities. It involves navigating a landscape that blends aspects of stocks with cutting-edge technology.\nTo construct a successful portfolio and capitalize on the unique opportunities offered by cryptocurrencies, I\'ve discovered three key strategies that have proven invaluable over time.\nIt\'s easy to see that investing during the depths ofcrypto winterswould have yielded the most substantial returns. For example, if you had invested when Bitcoin was at $16,000, you\'d be sitting on generous gains of more than 300% today. However, making the decision to invest when the sentiment is bearish and the outlook appears most bleak requires considerable conviction and goes against human nature.\nIronically, during these periods of pessimism, when the market is dominated by fear, the greatest opportunities often arise. Yet capitalizing on these opportunities demands the willingness to swim against the tide.\nUnderstanding the influence of a herd mentality on market sentiment and acknowledging your personal behavioral bias can instill the confidence to navigate challenging times in crypto.\xa0While Warren Buffet\'s stance on cryptocurrencies may be lukewarm, at best, his advice is still applicable: "Be fearful when others are greedy and greedy when others are fearful." By sticking to this, investors can position themselves tocapture those monumental gainsthat have become synonymous with crypto.\nIt isn\'t glamorous but it\'s the harsh truth, and I wish I had heard it earlier in my crypto investing journey:Bitcoin(CRYPTO: BTC)should form the bulk of your cryptocurrency portfolio. Don\'t get me wrong -- the hopes of getting in early on the "next Bitcoin" is tempting.\xa0However, this advice often falls on deaf ears, but most cryptocurrencies will likely fail to outperform Bitcoin over the long haul.\nCrypto analyst Benjamin Cowen displayed this phenomenon in a recent post on X. As you can see, the number of cryptocurrencies that outperformed Bitcoin in 2023 was slim. While this was only measured over the last year, rest assured that if the analysis were to zoom out even further, there would be even fewer cryptos that could claim to outdo Bitcoin.\nThe reasons for Bitcoin\'s dominance over the market are likely a topic for another day, due to the varying reasons. However, for today\'s discussion, the main point to take away is that even though other cryptocurrencies with seemingly infinite upside are alluring, the risk often doesn\'t outweigh the reward.\nWhile it seems like all cryptocurrencies go up, especially in bull markets, the reality is that most fade to worthlessness over the long haul.\nIt\'s up to each investor to determine how many cryptocurrencies they want in their portfolio. But it\'s worth knowing that you could spread yourself too thin.\nWhen you spread your money across dozens of cryptocurrencies, you open up your portfolio to significant risk. While altcoins have a role and are where those monumental gains usually come from, they shouldn\'t make up the bulk of your portfolio. Leave that to Bitcoin. Your future self will thank you.\nThis might be the most difficult one. While stock investors benefit from a plethora of data and information on a company\'s finances at their fingertips, cryptocurrencies operate in a more obscure realm. This means you have to do your own research. You need to teach yourself some fundamentals, such as tokenomics, consensus mechanisms, network functionality, and more, to help measure a cryptocurrency\'s potential.\nEach of these characteristics coincides with each other and forms the foundation of a cryptocurrency\'s long-term potential. Understanding how these factors play with each other will give you an edge to pick and choose cryptocurrencies wisely. The reality is that the majority of cryptocurrencies lose value over time.\nOf most importance, though, doing this research can give you the tools to navigate market fluctuations with confidence. When prices have plummeted, and another bear market sets in, you\'ll be able to operate with the bigger picture in mind and capitalize on opportunities where the fundamentals of a cryptocurrency hold more potential than the current market price.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Secrets Every Investor Needs to Know Before Investing in Cryptowas originally published by The Motley Fool', 'Stocks have surged higher over the past year-and-a-half, and theS&P 500index is firmly in abull marketthat began in October 2022. Despite the run-up in the broader market index, excellent investing opportunities exist today.\nBlock(NYSE: SQ)is one stock that is an intriguing opportunity for investors. The company is improving its efficiency and gross profit, and has made solid progress on these goals early this year. However, federal prosecutors are also investigating alleged compliance failures at Cash App and Square. If you\'re thinking of buying Block stock, consider the following first.\nLast year, CEO Jack Dorsey announced Block\'s goal to reach the "rule of 40" target by 2026. The goal is for Block to produce sustainable profits and profit margins, with 40 equaling the sum of its gross profit growth rate plus the adjusted operating margin. Dorsey told investors that Block would cap its number of employees at 12,000 "until we feel the growth of the business has meaningfully outpaced the growth of the company."\nBlock has made solid progress toward its goals. In the first quarter, the fintech announced net\xa0income based on generally accepted accounting principles (GAAP) of $475 million, the company\'s best quarterly net income since going public in 2015.\nSQ Net Income (Quarterly)data byYCharts\nDuring the quarter, Block grew its gross profit by 22% year over year, with Cash App (25% growth) and Square (19% growth) contributing to its solid performance. The company made good progress onincreasing engagement with banking productsthrough the Cash App and saw solid growth in its buy now, pay later offering, Afterpay.\nThe Cash App had 57 million monthly transacting actives (a Cash App account with at least one financial transaction using any product or service within Cash App), up 6% from last year, while inflows increased 17%. Meanwhile, Afterpay\'s nearly $7 billion gross merchant volume increased by 25% from last year.\nIn 2018, Block first offered Bitcoin on its Cash App platform, allowing customers to buy, hold, withdraw, or sellBitcoin.\nSince then, the company has expanded how customers can obtain Bitcoin, allowing customers to round up transactions and convert that spare change into Bitcoin or convert a percentage of direct deposits into Bitcoin with zero fees. It also recently launched a feature that could allow sellers to convert up to 10% of their daily sales into Bitcoin.\nBitcoin is becoming a growing part of Block\'s business. In the first quarter, Cash App made $80 million in Bitcoin gross profit, up 59% from last year. Block will continue to make a big bet on the cryptocurrency\'s future success, with plans to invest 10% of its gross profit from Bitcoin to purchase more Bitcoin.\nOver the past few years, companies have faced challenges from an evolving regulatory approach to anti-money-laundering laws. Fintechs, specifically, have felt the pressure to prevent fraud while they experience staggering growth as more payments go digital.\nLast week, NBC News reported that federal prosecutors were investigating alleged compliance lapses at Square and Cash App. A former employee told prosecutors that Block failed to assess risks adequately and processed thousands of transactions involving countries subject to economic sanction and cryptocurrency transactions involving terrorist groups.\nThe news continues the story that first broke in February when NBC News reported that the whistleblowers filed complaints with the Financial Crimes Enforcement Network (FinCEN), a unit of the U.S. Treasury that analyzes financial transactions to combat money laundering or other illicit activities.\nAccording to analysts atMacquarie, Block could face fines along with more robust oversight teams and infrastructure, which could add additional costs for the company. However, the company doesn\'t see structural limitations on the types of business Block can do. Analysts atJefferiesand BTIG also said the stock sell-off following the news felt a bit "overdone" and maintained a "buy" rating on the company.\nBlock has made solid progress on its efficiency goals, evidenced by its solid gross profit growth and record quarterly GAAP net income in the first quarter.\nIt also has a positioning advantage over competitors. According to The Motley Fool\'s Generational Investing Tools survey, Cash App is the most-used investing app, with 38% of respondents across all generations saying they use it.\nThe company will have to deal with the federal investigation into its anti-money-laundering practices, which could be an overhang for the stock until it is resolved. Bearing this risk in mind, I like the company\'s progress, which, combined with its brand positioning among younger generations, makes it a solid stock to buy and hold for the long haul.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nCourtney Carlsenhas positions in Bitcoin and Block. The Motley Fool has positions in and recommends Bitcoin, Block, Jefferies Financial Group, and Macquarie Group. The Motley Fool has adisclosure policy.\nIs Now the Time to Buy Block Stock? 3 Things to Consider Firstwas originally published by The Motley Fool', "SANTA CLARA, CA / ACCESSWIRE / May 11, 2024 /Shaping the Web3 Landscape: A Comprehensive Recap of Our University Tours.\nIn a journey that spanned the nation's most prestigious universities on both the West and East Coasts, we embarked on a mission that transcended mere education; it was a quest to ignite innovation, foster collaboration, and pave the way for the future of the Web3 ecosystem. Our vision was bold, ambitious, and deeply rooted in the belief that the seeds we sow today will yield the fruits of tomorrow's technological landscape.\nMission Highlights: Educate, Connect, Innovate\nAt the heart of our mission lay a commitment to education, connection, and innovation. Through a meticulously crafted series of engaging tours and intimate private dinners, we endeavored not only to impart knowledge but to cultivate a vibrant community united by a shared passion for Web3 technologies. Our goal was to bridge the gap between academia and industry, facilitating a seamless exchange of ideas and opportunities that would shape the trajectory of the Web3 sphere for years to come.\nUnveiling Opportunities: Key Activities and Insights\nOur university tours were not mere events; they were dynamic hubs of discussion, exploration, and discovery. Each stop on our journey was thoughtfully curated to provide students with a comprehensive understanding of the transformative potential of Web3 technologies. OKX, Polyhedra, and 0G, our esteemed partners, played pivotal roles in sharing their insights and expertise. OKX illuminated the path forward with a vision of innovation and opportunity, while Polyhedra delved deep into the technological advancements and the future promise of Zero-Knowledge Proof (ZKP) technology. 0G, with its pioneering work in the realm of AI Modular DA Layers, showcased the immense possibilities that lie at the intersection of artificial intelligence and decentralized systems.\nMoreover, our diverse lineup of speakers brought a wealth of knowledge and experience to the table, exploring narratives dominating the Bull Run and offering invaluable advice on navigating the complex landscape of the Web3 industry. From discussions on Restaking to insights into the potential dominance of narratives like DePIN, RWA, AI+Web3, and the BTC Ecosystem, our speakers left no stone unturned in their quest to enlighten and empower the next generation of Web3 leaders.\nAmazing Lineup Of Speakers\nImpressive Metrics: Impact and Engagement\nThe success of our university tours surpassed all expectations, with over 4,000 registrations, 584 job applications, and 52 distinguished speakers. These numbers not only underscore the immense enthusiasm and appetite for Web3 knowledge among students but also serve as a testament to the profound impact of our initiatives. In the eyes of every student who walked through our doors, we saw a spark of curiosity, a hunger for knowledge, and a determination to shape the future of the Web3 landscape.\nLooking Ahead: Future Initiatives\nAs we reflect on the resounding success of our inaugural university tours, we are filled with excitement and anticipation for the future. Our commitment to shaping the Web3 landscape remains unwavering, and we are thrilled to announce our plans to return in the fall with even more insights, opportunities, and collaborations. From expanding our reach to new universities to deepening our engagement with existing partners, we are poised to build upon the foundation laid during these transformative tours. Stay tuned for updates as we continue to chart the course for a vibrant Web3 future.\nGratitude and Appreciation\nWe extend our heartfelt thanks to all our campus and community partners for their invaluable support in making these tours a resounding success. Despite the intensity and challenges of our journey, the energy and excitement from students reaffirmed our shared vision for a vibrant Web3 future. To every sponsor, speaker, and participant who joined us on this journey, we say thank you. Your contributions have made a difference, and together, we will continue to shape the Web3 landscape for generations to come.\nTours Gallery\nContact Information:\nDafu Gao\| Partner \| OnePiece [email protected]\nSOURCE:ONEPIECE LABS\nView the originalpress releaseon accesswire.com", 'Bitcoin\'s(CRYPTO: BTC)price has more than doubled to about $63,000 over the past 12 months. That rally was mainly driven by the approval of the first spot price Bitcoin ETFs in January, the halving of Bitcoin in April, and the market\'s expectations for lower interest rates.\nThose catalysts drove some investors to make some extremely bullish predictions regarding Bitcoin\'s future. Ark Invest\'s Cathie Wood believes its price could hit $3.8 million by 2030, venture capitalist Chamath Palihapitiya sees a price of $1 million by 2040-2042, and Fidelity claims that its price could reach a whopping $1 billion by 2028-2030.\nIt\'s impossible to tell if Bitcoin will come anywhere close to those estimates, so most investors should focus on its realistic upside potential instead of those lofty price targets. I think Bitcoin has a viable path toward reaching $100,000 by the end of 2025, which still makes it a good bet for investors who can stomach the near-term volatility.\nFrom Jan. 1, 2014, to Jan. 1, 2024, Bitcoin\'s price rose from $771.40 to $43,835.62. That represented a 10-year compound annual growth rate (CAGR) of 50%. A 50% gain this year would boost Bitcoin\'s price to $65,800 by Jan. 1, 2025, while another 50% gain would drive its price to $98,700 by Jan. 1, 2026. So if Bitcoin merely replicates its average annual growth rate from the past decade, its price could approach $100,000 by the end of 2025.\nAnother factor is Bitcoin\'s performance after each halving, which reduces the rewards for mining the cryptocurrency every four years. Let\'s look back at Bitcoin\'s price after each of the three halvings that occurred in 2012, 2016, and 2020.\n[{"Halving Date": "2012", "Price at the Time of Halving": "$13", "Following Year\'s Peak Price": "$1,152"}, {"Halving Date": "2016", "Price at the Time of Halving": "$664", "Following Year\'s Peak Price": "$17,760"}, {"Halving Date": "2020", "Price at the Time of Halving": "$9,734", "Following Year\'s Peak Price": "$67,549"}]\nData source: Bitpay.\nBitcoin\'s post-halving returns are diminishing, but that trajectory suggests its price could still rise significantly after its latest halving, which occurred on April 19, 2024. Bitcoin\'s price closed at $63,844 on that day. It\'s still hovering around that level as of this writing, but the historical data suggests it could easily climb above $100,000 by 2025.\nBitcoin\'s bulls believe that institutional purchases will drive its price to newall-time highs. According to a recent EY-Parthenon survey, 76% of institutional investors still allocated less than 5% of their portfolios to Bitcoin and other digital assets.\nCathie Wood has repeatedly claimed that if institutional investors just added "a little more than 5% of their portfolios to Bitcoin," its price would soar into the millions. Wood believes the recent approvals of Bitcoin\'sspot-price ETFs-- which make it easier for institutional investors to buy the cryptocurrency -- will fuel that trend.\nThe Federal Reserve won\'t cut interest rates anytime soon, but it also said it wouldn\'t raise rates for the foreseeable future. That stability might drive more institutional investors to load up on Bitcoin and more speculative investments this year.\nMeanwhile, more businesses could accept Bitcoin for payments, while more inflation-ravaged countries could follow El Salvador\'s lead and adopt it as a national currency. That trend would bolster its reputation as a safe-haven asset and make it more comparable to gold, silver, and other precious metals. The U.S. Securities and Exchange Commission supports that view: it\'s repeatedly said that Bitcoin is the only cryptocurrency that\'s a commodity instead of a security.\nI believe Bitcoin\'s price has a clear path toward hitting $100,000 by the end of 2025, but it will probably endure some volatile swings before it hits that target. Therefore, investors should assess the near-term risks instead of blindly following the bulls.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $100,000 in 2025was originally published by The Motley Fool', 'Bitcoin\'s(CRYPTO: BTC)price has more than doubled to about $63,000 over the past 12 months. That rally was mainly driven by the approval of the first spot price Bitcoin ETFs in January, the halving of Bitcoin in April, and the market\'s expectations for lower interest rates.\nThose catalysts drove some investors to make some extremely bullish predictions regarding Bitcoin\'s future. Ark Invest\'s Cathie Wood believes its price could hit $3.8 million by 2030, venture capitalist Chamath Palihapitiya sees a price of $1 million by 2040-2042, and Fidelity claims that its price could reach a whopping $1 billion by 2028-2030.\nIt\'s impossible to tell if Bitcoin will come anywhere close to those estimates, so most investors should focus on its realistic upside potential instead of those lofty price targets. I think Bitcoin has a viable path toward reaching $100,000 by the end of 2025, which still makes it a good bet for investors who can stomach the near-term volatility.\nFrom Jan. 1, 2014, to Jan. 1, 2024, Bitcoin\'s price rose from $771.40 to $43,835.62. That represented a 10-year compound annual growth rate (CAGR) of 50%. A 50% gain this year would boost Bitcoin\'s price to $65,800 by Jan. 1, 2025, while another 50% gain would drive its price to $98,700 by Jan. 1, 2026. So if Bitcoin merely replicates its average annual growth rate from the past decade, its price could approach $100,000 by the end of 2025.\nAnother factor is Bitcoin\'s performance after each halving, which reduces the rewards for mining the cryptocurrency every four years. Let\'s look back at Bitcoin\'s price after each of the three halvings that occurred in 2012, 2016, and 2020.\n[{"Halving Date": "2012", "Price at the Time of Halving": "$13", "Following Year\'s Peak Price": "$1,152"}, {"Halving Date": "2016", "Price at the Time of Halving": "$664", "Following Year\'s Peak Price": "$17,760"}, {"Halving Date": "2020", "Price at the Time of Halving": "$9,734", "Following Year\'s Peak Price": "$67,549"}]\nData source: Bitpay.\nBitcoin\'s post-halving returns are diminishing, but that trajectory suggests its price could still rise significantly after its latest halving, which occurred on April 19, 2024. Bitcoin\'s price closed at $63,844 on that day. It\'s still hovering around that level as of this writing, but the historical data suggests it could easily climb above $100,000 by 2025.\nBitcoin\'s bulls believe that institutional purchases will drive its price to newall-time highs. According to a recent EY-Parthenon survey, 76% of institutional investors still allocated less than 5% of their portfolios to Bitcoin and other digital assets.\nCathie Wood has repeatedly claimed that if institutional investors just added "a little more than 5% of their portfolios to Bitcoin," its price would soar into the millions. Wood believes the recent approvals of Bitcoin\'sspot-price ETFs-- which make it easier for institutional investors to buy the cryptocurrency -- will fuel that trend.\nThe Federal Reserve won\'t cut interest rates anytime soon, but it also said it wouldn\'t raise rates for the foreseeable future. That stability might drive more institutional investors to load up on Bitcoin and more speculative investments this year.\nMeanwhile, more businesses could accept Bitcoin for payments, while more inflation-ravaged countries could follow El Salvador\'s lead and adopt it as a national currency. That trend would bolster its reputation as a safe-haven asset and make it more comparable to gold, silver, and other precious metals. The U.S. Securities and Exchange Commission supports that view: it\'s repeatedly said that Bitcoin is the only cryptocurrency that\'s a commodity instead of a security.\nI believe Bitcoin\'s price has a clear path toward hitting $100,000 by the end of 2025, but it will probably endure some volatile swings before it hits that target. Therefore, investors should assess the near-term risks instead of blindly following the bulls.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $100,000 in 2025was originally published by The Motley Fool', "Robert Kiyosaki, the bestselling billionaire author ofRich Dad Poor Dad, recently made a startling revelation: he has $1.2 billion in debt, according to a YouTube video.\nCheck Out:6 Reasons the Poor Stay Poor and Middle Class Doesn’t Become Wealthy\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nIn a 2022 YouTube video, Kiyosaki explained that the reason he’s “so rich” isbecausehe’s in debt. Later, in a November 2023 Instagram video, he said that while many people use debt to buy liabilities, he uses debt to buy assets.\n“So I drive a Ferrari, guess what? It’s paid off 100%, because it’s a liability. I drive a Rolls Royce, it’s paid off 100%, because it’s a liability,” he said. “I use debt as money and I don’t save cash.”\nAccording to him, the dollar “became debt” in 1971 and he doesn’t trust the currency.\n“All the cash I make, I convert to silver and gold,” he said, adding that this is also the reason why he owns some Bitcoin. “If I go bust, the bank goes bust.”\nAs Benzinga.com has noted, Kiyosaki’s stance is to use debt to create more wealth — in other words, leveraging money to make more money, such as using loans to acquire real estate, which are investments that appreciate over time.\nAnother advantage are the tax benefits associated with debt. When used for investment purposes, debt can in some instances be tax-deductible, as Benzinga noted.\nLearn More:How Much Does the Average Middle-Class Person Have in Savings?\n“If you understand history, the reason I pay no taxes is because I borrow money. I’m a debtor,” he said in the video.\nMore From GOBankingRates\n• Don't Buy a House in These 3 Cities Facing a 'Climate Change Real Estate Bubble'\n• The Single Best Thing To Buy at Aldi in May 2024\n• This is One of the Best Ways to Boost Your Retirement Savings in 2024\n• Here's How to Add $200 to Your Wallet -- Just For Banking Like You Normally Would\nThis article originally appeared onGOBankingRates.com:A Billionaire in Debt: Robert Kiyosaki’s Roadmap to Debt-Free Living", 'Three exceptional IT businesses offer investors attractive opportunities due to their strategic orientation and exceptional performance with solid fundamentals. With a\xa0substantial\xa0increase in revenue, the first one has accelerated. This outstanding result highlights the company’s skill at gaining market share and profitably monetizing its products, indicating a promising future growth trajectory.\nMeanwhile, the second one has seen a considerable boost in revenue in the semiconductor business. This lead has\xa0been driven\xa0by its diverse product portfolio. It serves several semiconductor industry areas and has established the firm as a\xa0major\xa0player with excellent growth prospects.\nFinally, the third has demonstrated remarkable financial strength and has a gross profit fueled by its\xa0main\xa0business. Furthermore, the company’s development potential in the rapidly developing cryptocurrency environment has\xa0been reinforced\xa0by its strategic emphasis onBitcoin(BTC-USD) and cryptocurrencies.\xa0This\xa0is supported by effective resource allocation and a dedication to innovation.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOverall, these are not random possibilities; they result from each company’s strategic goals, market flexibility and creative problem-solving.\nSource: Sundry Photography / Shutterstock.com\nIn the second quarter,Palo Alto(NASDAQ:PANW) demonstrated a robust sales growth of19% year-over-year (YoY), reaching $2 billion. This steady growth, from $1.7 billion in total sales for Q2 2023, is a testament to Palo Alto’s ability to consistently capture market share and effectively monetize its offerings, reflecting solid top-line growth.\nMoreover, the\xa0full\xa0value growth of Palo Alto’s future revenue is reflected in the Remaining Performance Obligation (RPO) growth, which\xa0has increased by22% YoY to $10.8 billion.Strong demand for Palo Alto’s products indicates this RPO boost and a robust pipeline of potential future income streams. Hence, the company can win long-term client commitments and contracts.\nFinally, the income earned from client invoices was reflected in the16% growth in billings YoY. Since the spike in billings is marginally slower than the revenue growth, there may be variations in billing cycles or revenue recognition techniques. Despite the stable bill increase, Palo Alto’s capacity to propel sales momentum\xa0is confirmed, staying in line with the trend of total top-line growth.\nSource: Pavel Kapysh / Shutterstock.com\nACM Research‘s (NASDAQ:ACMR) fourth quarter sales were$170 million, a considerable 57% increase YoY. In comparison, the company’s sales for 2023 were $558 million, signaling a solid 43% YoY increase.\nAdditionally, one of ACM Research’s main advantages that propel its quick growth is its stable top-line growth.\xa0Indeed, strong market demand for the company’s offerings indicates this increase.\xa0This\xa0also reflects the company’s successful market placement and happy customers. Thus, the capacity to steadily raise income indicates the market relevance and future growth prospects of ACM Research.\nIn 2023, sales of semi-critical cleaning products, Tahoe and single wafer cleaning climbed by 48%, accounting for 72% of revenue. There was a 33% YoY growth in sales from electrochemical plating (ECP) furnaces and other technologies, accounting for about 19% of the overall top line.\nFinally, except\xa0for ECP\xa0services and parts, revenue from advanced packaging increased by31.5% YoY in 2023to make up 9% of overall revenue. ACM Research has a diverse product line. It targets several semiconductor industry areas. Therefore, the solid revenue increase observed in all product categories suggests that ACM Research’s solutions are in high demand.\nSource: Sergei Elagin / Shutterstock.com\nBlock‘s (NYSE:SQ) potential for considerable expansion derives from its solid performance and stable growth across\xa0key\xa0measures. There was an adjusted EBITDA of$705 million in Q1 2024,nearly 3x from Q1 2023. Similarly, there was a gross profit of $2.09 billion, up 22% YoY. Comparably, adjusted operating income increased seven times from the previous year to $364 million.\nMoreover, Cash App’s gross profit increased by 25% to $1.26 billion in segments, while Square’s gross profit increased by19% to $820 million.\xa0Indeed, the company can produce considerable profits and revenues, as indicated by this expansion.\xa0This\xa0is fueled\xa0by the success of its\xa0main\xa0companies, Cash App and Square.\nFurther, one of the main factors boosting Block’s growth potential is its strategic concentration on Bitcoin and cryptocurrencies. The focus derives from its conviction in the possibility of an open system for money. With just 0.7% of associated costs, Cash App’s bitcoin goods contributed3.3% and 4.2%of Block’s gross profit in 2022 and 2023, respectively.\nOverall, this demonstrates Block’s effectiveness and financial impact on bitcoin-related projects, emphasizing the company’s capacity to profit from cryptocurrencies’ rising acceptance and popularity.\nAs of this writing, Yiannis Zourmpanos held a long position in ACMR. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nYiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postHidden Tech Titans: 3 Stocks Ready to Rocket Past Market Expectations by 2027appeared first onInvestorPlace.', 'Given all the hype and buzz around artificial intelligence (AI) these days, it\'s perhaps no surprise that a growing number of beaten-down crypto tokens are attempting to reinvent themselves for the AI future. TakePolkadot(CRYPTO: DOT), for example. Over the past several months, the formerly high-flying crypto has been making a lot of noise about becoming part of the AI revolution.\nSo, is all this a lot of sound and fury signifying nothing? Or is there real reason to believe thatPolkadotcan reinvent itself for AI and see a dramatic boost in valuation? Let\'s take a closer look.\nThe first thing to keep in mind is just how poorly Polkadot has performed recently. If you look at a chart for Polkadot, you\'ll essentially see a flat line extending from mid-2022 to the current period. In the past two years, Polkadot has done literally nothing for investors.\nAt its current price of $7, Polkadot is now down a whopping 87% from an all-time high of $55 in November 2021. Year to date, Polkadot is down 17%, so it hasn\'t even benefited from the surge in interest in crypto, driven byBitcoin(CRYPTO: BTC)and the new spot Bitcoin exchange-traded funds (ETFs). By way of comparison, other top altcoins are up 30% to 50% for the year.\nSo, obviously, Polkadot needed to do something to change investor perceptions. And that "something" turned out to beartificial intelligence. In April, Polkadot unveiled a number of details on how it plans to "unleash the power of AI" using blockchain technology. This includes a new plan to attract AI-focused blockchain partners for the Polkadot ecosystem and a new overhaul of its core blockchain architecture to make it more accessible, scalable, and interoperable for AI projects.\nThis AI narrative is starting to gain traction in the crypto world, and some high-profile crypto analysts have come out in favor of Polkadot. This is partly due to the potential fit between AI technology and Polkadot\'s blockchain technology. It also, in part, has to do with the trust the crypto community has in Polkadot founder Gavin Wood, who is also one of the co-founders ofEthereum(CRYPTO: ETH).\nLast year, Wood outlined a new vision to transform Polkadot into a "global supercomputer" in which every blockchain connected to the main Polkadot blockchain would function like a different computing core. To get the Polkadot "global supercomputer" to do more and more, you only needed to add more blockchains.\nAt a crypto conference in Dubai this year,\xa0Wood followed up that vision with something called the Join-Accumulate Machine (JAM),\xa0a new computing design that seeks to make Polkadot more like Ethereum.\nWhile reading a 55-page paper filled with complex mathematical equations on how JAM works is possible, it\'s easier just to focus on the big picture. JAM promises to be a sweeping new vision of how the Polkadot blockchain architecture works and how Polkadot can reshape itself for the computational needs of AI.\nWhile all this might sound incredibly wonky, it serves to illustrate a point: Polkadot\'s AI ambitions are not just a lot of marketing hype. Some incredibly smart people are working on this project, and some real steps are being taken to transform Polkadot for AI.\nThus far, Polkadot is having some initial success in attracting new AI blockchain partners. As Polkadot attracts more and more of these AI-focused partners, its valuation should increase. Polkadot has even created its own AI bot, known as Polkabot, that briefly created some online buzz.\nWhile the concept of an AI transformation is certainly intriguing, I\'m hesitant about some of the aggressive valuations I\'ve seen for Polkadot recently. For example, there is now a $27 price target for Polkadot. That\'s a nearly 300% increase from today\'s price of $7! Given just how poorly Polkadot has performed of late, that seems a bit fantastical to me. Polkadot\'s current market cap is $10 billion, so that higher valuation would imply the ability to generate $30 billion in value from new AI projects.\nKeep in mind, too, that plenty of other crypto tokens are also seeking to reinvent themselves for the AI revolution, so investors have options. While Polkadot has certainly earned a spot on my crypto watchlist, I\'m still in wait-and-see mode to see whether it can really deliver on its AI ambitions.\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIs Rapid Growth in AI the Key to Polkadot Soaring in Value by 300%?was originally published by The Motley Fool', "Over the last few days, the broader crypto market has experienced a massive sell-off. While these corrections aren't abnormal, it was the first to occur in quite some time.\nThe total crypto market cap is still up by 40% year-to-date, so after seemingly going up for most of the spring, this correction might have been a little more painful than normal and caught some investors off guard.\nYet it is during these corrections that there is typically the most opportunity. This wasn't the result of any major development but mainly just a natural flushing. Think of it as one step back to go two steps forward.\nFor those looking for an opportunity to grab some cryptocurrencies with long-term potential, here are three I ambuying on the dip.\nNot much needs to be said here.Bitcoin(CRYPTO: BTC)has been the leader of the crypto asset class for the last 15 years, and it will likely stay that way for decades to come. Even though it's the most valuable cryptocurrency, that doesn't mean it doesn't have room to grow.\nSeveral predictions claim that Bitcoin will reach $100,000, $500,000, or even$1 millionsomeday. As sensational as they sound, the overarching theme that Bitcoin's value will likely grow is probably not wrong.\nWith its finite supply, a dwindling inflation rate, and demand on an increasing trajectory, Bitcoin's price will continue to experience upward pressure as it is pushed and pulled by the basic laws of supply and demand. While this doesn't mean there won't be some bear markets and corrections along the way, there is no safer option for growing crypto portfolios than Bitcoin for investors with a long time horizon.\nRecently, Bitcoin fell as low as $57,000 but has since regained some of those losses and currently trades for around $63,000. Even though it has risen over the last few days, however, there is still an opportunity for investors. In the same way that the days of a sub-$10,000 Bitcoin are gone, the days of Bitcoin trading for less than $100,000 are likely numbered.\nI am a big fan ofStacks(CRYPTO: STX). As a Bitcoin-compatible Layer 2 blockchain, it introduces novel functionality that Bitcoin doesn't naturally possess, namely DeFi capabilities.\nThe thesis for Stacks is clear: It effectively unlocks Bitcoin's $1.5 trillion market cap to be used beyond the traditional buy-and-hold strategy. Its layered architecture provides the benefit of Bitcoin's security and decentralization but with the added ability to participate in several popular DeFi uses such as lending protocols, buying non-fungible tokens, and yield farming.\nTo quantify Stacks' potential, take a look at the Layer 2 blockchains built on top ofEthereum(CRYPTO: ETH). Today, Ethereum-compatible Layer 2's are collectively worth around $23 billion. If Stacks were to reach similar levels of utility found on Ethereum's comparable helper tokens, then its price would increase a generous sevenfold.\nCompared to Bitcoin, Stacks' price was hit particularly hard during the recent correction. Over the course of the last few weeks, it tumbled more than 30%. Like Bitcoin, it has recouped some of those losses, but its price still remains well off of its high of $3.48.\nA reclamation of its previous high would treat investors to a generous 50% gain, but when viewing its potential as the premier Bitcoin Layer 2 and its ability to grow as large as Ethereum's Layer 2 blockchains, there is still plenty of upside for Stacks.\nIf you haven't heard, arguably the most popular blockchain on the market today is Base. It isCoinbase Global's(NASDAQ: COIN)very own blockchain and has been optimized to have a user-friendly interface along with extremely low fees and blazing-fast speeds.\nIt can get a little technical, but Base doesn't have its own cryptocurrency. This design is likely the result of trying to stay out of the purview of the Securities and Exchange Commission, but this doesn't mean there isn't a moneymaking opportunity.\nInstead of investing in a native cryptocurrency on Base, like you would with Ethereum or Bitcoin, the next best option to give your portfolio some exposure to Base's burgeoning potential is by investing in the most valuable cryptocurrency built on Base:Aerodrome(CRYPTO: AERO).\nAerodrome is known as a decentralized exchange (DEX). Users can swap tokens, provide liquidity to earn a yield, and even earn rewards for participating in voting processes. As it stands, Aerodrome makes up nearly half the total value on Base, making it the ideal proxy to gain exposure to the burgeoning blockchain.\nAerodrome fell roughly 40% over the last week. That might sound bearish, but this type of correction was likely overdue. Since launching in February this year, Aerodrome has been up more than 1,100%.\nWith its unique technology that incentivizes user participation and its home on one of the most popular up-and-coming blockchains, it could be a hidden gem in the market. But Aerodrome is still new and has much to prove, so proceed with caution.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Aerodrome Finance, Bitcoin, Coinbase Global, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy On the Dipwas originally published by The Motley Fool", "NOW Inc. (NYSE:DNOW) Q1 2024 Earnings Call Transcript May 10, 2024\nNOW Inc. misses on earnings expectations. Reported EPS is $0.1963 EPS, expectations were $0.24. DNOW isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Good morning. My name is Ian and I will be your conference operator today. At this time, I would like to welcome everyone to the DNOW First Quarter 2024 Earnings Conference Call. [Operator Instructions] Thank you. I’d like to hand things over to Mr. Brad Wise, Vice President of Digital Strategy and Investor Relations. You may begin your conference.\nBrad Wise:Well, thank you, Ian and good morning and welcome to DNOW’s first quarter 2024 earnings conference call. We appreciate you joining us and thank you for your interest in DNOW. With me today is David Cherechinsky, President and Chief Executive Officer and Mark Johnson, Senior Vice President and Chief Financial Officer. We operate under the DNOW brand, which is also our New York Stock Exchange ticker symbol. Please note that some of the statements we make during this call, including responses to your questions, may contain forecasts, projections and estimates, including but not limited to comments about the outlook for the company’s business. These are forward-looking statements within the meeting of the U.S. federal securities laws based on limited information as of today, May 10, 2024, which is subject to change.\nThey are subject to risks and uncertainties and actual results may differ materially. No one should assume these forward-looking statements remain valid later in the quarter or later in the year. We do not undertake any obligation to publicly update or revise any forward-looking statements for any reason. In addition, this conference call contains time-sensitive information that reflects management’s best judgment at the time of the live call. I refer you to the latest Forms 10-K and 10-Q that DNOW has on file with the U.S. Securities and Exchange Commission for a more detailed discussion of the major risk factors affecting our business. Further information as well as supplemental financial and operating information maybe found within our earnings release on our website at ir.dnow.com or in our filings with the SEC.\nIn an effort to provide investors with additional information relative to our results a Last 60 Days of Bitcoin's Closing Prices: [71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-11 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,197,047,435,719 - Hash Rate: 657199017.7590562 - Transaction Count: 719306.0 - Unique Addresses: 445747.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies. Pershing Square Capital's current holdings look like this. [{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe's", "Percentage of Portfolio": "2.7%"}] Data source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding. Some investors might cringe at his portfolio's lack of diversification, but Ackman's strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn't ownNvidia(NASDAQ: NVDA). The only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now. So, why don't Ackman and Pershing Square Capital own Nvidia? Any assessment of Ackman's style will clearly show he's a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable." Any investor following Ackman's No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia's business model is simple: Sell more GPUs. Unfortunately for investors, the company's sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia's latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up. Chipmaking is a cyclical business, and demand for Nvidia's products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won't need to produce quite as many GPUs. But when this will happen is anyone's guess, which makes the business unpredictable. However, that's about the only rule of Ackman's that Nvidia breaks. On his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn't Ackman own its shares? Because Ackman doesn't break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn't be wise. In sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn't fit their style. Before you buy stock in Nvidia, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 22, 2024 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy. Billionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn't One of Themwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['PALM BEACH, FL. — During his first stint in the White House Donald Trump was no fan of cryptocurrencies; he once tweeted they were "based on thin air." He later sold millions of dollars worth of NFTs. This week, he rebranded himself as crypto\'s candidate of choice.\n"If you’re in favor of crypto you’re gonna vote for Trump because they want to end it," he said at a Wednesday night party in Mar-a-Lago, referring to Democrats and President Joe Biden. He also vowed to make sure his campaign can accept crypto donations.\nThe 77-year-old candidate\'s apparent turnabout came as little surprise to his audience of some 200 supporters. Many had bought $10,000 of Trump Trading Card NFTs to join this surreal, sweltering outdoor reception at the former President\'s Floridian palace. A CoinDesk reporter also attended (as a +1).\nFor nearly an hour, Trump fielded questions from a sea of sweat-drenched suit-wearers. Only a handful of them focused on crypto, an incredibly niche wedge issue that was the nominal anchor of the entire event.\nBut it was enough to make a few things clear:\n1. Trump is no expert on cryptocurrencies.\n2. Trump is an expert atsellingcryptocurrencies.\n3. The first two points don\'t matter because Trump has declared himself the champion of cryptocurrencies.\nOne exchange highlights points 1 and 3 (we will return to 2 later). When asked how he felt about central bank digital currencies (CBDCs) and "government blockchains" (two things that crypto proponents generally oppose) Trump responded "I think it all has its place."\nHe continued:\n"We have some incredible things happening, I mean crypto, if you go back to crypto a couple years ago, people said it wasn’t gonna make it but now it\'s up in record numbers. I guess you could say it\'s a form of currency and I think I’m for that, more and more I’m for that."\nThe substance of Trump\'s support for crypto might be less important to the industry\'s (likely small) cadre ofsingle-issue votersthan the fact he\'s saying anything positive about it. Trump appears to be the first major party presidential candidate that\'s embraced crypto.\nOn the other side of the race is an openly hostile presidential administration. Joe Biden\'s SEC chairman Gary Gensler is waging lawfare against many parts of the crypto industry. And earlier Wednesday, hours before his opponent\'s golf-resort gala, the President vowed to block a House effort to dismantle an SEC accounting rule for crypto that politicalopponentsargue has hampered the industry\'s growth.\n"Biden doesn’t even know what it is. If you ask Biden, \'Sir, are you for or against crypto?\' he’ll say, \'What’s that? Get me off the stage.\' He has no idea," Trump said. Whether or not that somewhat plausible presumption is true, Trump followed up with an attack on Gensler, an official well-versed in crypto.\n"I’ll say this: I’m fine with it, I want to make sure it\'s good and solid and everything else but I’m good with it," Trump said of crypto. He later said, "If we’re gonna have what we have then we’re going to have to embrace a lot of things that not everybody likes."\nHours before Trump\'s impromptu Q&A, the Biden campaign team roasted "people suckered into paying as much as $10,000 for simple digital images of him" in an email to supporters. The email blasted Trump for holding a glitzy NFT dinner instead of campaigning during his midweek break from court.\nBut Trumpwascampaigning on Wednesday night. He was vying for votes from the exceptionally loud crypto crowd that Biden had thoroughly snubbed. Sure, only a few hundred heard him firsthand. Their videos of Trump\'s pro-crypto musings ricocheted across social media and triggered a torrent of media coverage for crypto\'s self-appointed political champion.\n"There\'s 50 million crypto holders in the U.S. That\'s a lot of voters," Ryan Selkis, the CEO of crypto data platform Messari claimed to Mar-a-Lago\'s packed ballroom where VIPs (those who bought $10,000 of NFTs ) mingled with dinner attendees (who paid $4,700). Trump had unexpectedly called Selkis onstage.\nThe soundbites that emerged from Wednesday\'s NFT gala may accelerate crypto\'s polarization by locking it in the same us-or-them shackles that bind much of American politics. Bitcoin\'s libertarian roots hardly resonate today; crypto has its proponents onboth sidesof the aisle.\nRepublican politics\' most powerful voice cast crypto\'s bipartisan reality aside in declaring Democrats want to kill it off. "The Democrats are very much against it," Trump said, hours after 21 of the House\'s 213 Democrats voted to repeal the SEC accounting rule.\nTrump framed himself as the industry\'s only hope. His fluency in the industry\'s issues was spotty. Asked how he would change hostile U.S. policies that drive crypto businesses out of the country, he said: "We\'ll stop it, because I don\'t want that, I don\'t want that. I want that – if we\'re going to embrace it then we have to let them be here."\nThere was one area of crypto where Trump spoke more-or-less expertly: his NFTs. Three collections of Trump NFTs – digital trading cards that depict an uber-jacked Donald in various states of patriotism – have generated millions of dollars in sales. Wednesday\'s dinner gala celebrated high-rollers who bought into his "Mugshot Edition" third collection.\n"We did it when NFTs were not hot and we made NFTs hot again," Trump claimed of his cards, adding that some NFT buyers made tens of thousands of dollars on the resale market.\nAsked by one attendee if he would sell a fourth NFT collection, the longtime businessman demurred. "I believe in supply and demand. And as you know 1 did great, 2 did great, 3 did great. At some point maybe that turns around."\nHe polled the audience: How many Mugshot high-rollers wanted a series 4 collection of NFTs? Most raised their hands. Trump sounded bewildered: "Based on supply and demand, wouldn’t that maybe keep your prices, of the stuff you already bought, wouldn\'t that keep it lower?" He tested their resolve. "Who would likenotto see a fourth collection for that reason?" Only a couple of hands shot up.\n"Ok, a couple of economists," Trump said to the laughter of the crowd.', 'Ether(CRYPTO: ETH), the largest cryptocurrency of the open-source Ethereum network, has rallied nearly 70% over the past 12 months. However, it\'s still trading about 35% below its all-time high of $4,815, which it reached during the apex of the buying frenzy in cryptocurrencies in November 2021.\nSome bullish investors believe Ether\'s price could soar even higher. VanEck\'s Matthew Sigel and Patrick Bush expect its price to reach $11,800 by 2030, while Ark Invest\'s Cathie Wood believes it could beworth $166,000by 2032. Investors should take those estimates with a grain of salt, but I believe Ether could still head much higher for four simple reasons.\nEther,Bitcoin(CRYPTO: BTC), and many other cryptocurrencies were crushed in 2022 as rising interest rates drove investors toward more conservative investments. However, the Federal Reserve recently left its rates unchanged and won\'t likely raise them again this year. That stability -- and expectations for lower rates after inflation cools off -- should drive more investors back toward cryptocurrencies and riskier plays.\nIn August 2021, the Ethereum Network implemented two major changes with its "London" upgrade. First, it changed the calculations of transaction fees -- also known as "gas fees" -- from a manual bidding system instead of an automated one. That change simplified and streamlined the process by setting prices based on the congestion in the network.\nSecond, it started to "burn" -- or remove from circulation -- the base fee of every transaction on its network. That burning process ensured that only Ether could be used to pay for transactions across the Ethereum Network (which solidifies its economic value) while gradually reducing its supply to stabilize its market price.\nIn September 2022, the Ethereum Network switched from the energy-intensive proof of work (PoW) mining method (used by Bitcoin) to the more energy-efficient proof of stake (PoS) method. That transition, known as "The Merge," reduced its total mining energy consumption by about 99.95%.\nIt also made the Ethereum Network deflationary -- so more Ether was being burned than being issued. As a result, about $12.7 billion in Ether has been burned since the London upgrade. That\'s equivalent to 3% of its current market cap of $378 billion. While that burn rate might gradually cool off, the ongoing process should limit the crypto\'s downside potential.\nThe U.S. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds (ETFs) earlier this year. However, the SEC has been reluctant to approve the first spot price ETFs for Ether because it believes Bitcoin is the only cryptocurrency that can be considered an asset instead of a security.\nThe SEC believes that Bitcoin\'s PoW process is more similar to the physical process of mining precious metals, so it can be assigned a market-driven spot price like gold and silver. But it says the PoS process that Ethereum uses makes it more similar to a security, which is subject to tighter regulations than commodities.\nThe SEC doesn\'t seem eager to approve the first "spot price" Ether ETFs anytime soon, but ETF issuers -- including VanEck, Ark Invest, and seven other companies -- could file litigation against the agency to accelerate the process. The recent approvals of Bitcoin and Ether ETFs in Hong Kong could also force the SEC to stop dragging its feet.\nThe main thing that sets Ether apart from Bitcoin is its open-source network. Bitcoin\'s blockchain can only be used to mine the cryptocurrency, but developers can build decentralized apps, tokens, and other crypto assets on the Ethereum Network.\nAccording to Fortune Business Insights, the decentralized apps market could grow at a compound annual growth rate (CAGR) of 28% from 2023 to 2030 as more companies roll out decentralized investing, lending, and crypto services that aren\'t tethered to centralized financial institutions. That expansion could drive more companies and consumers to adopt Ether as a mainstream digital currency.\nEther, like Bitcoin, is a volatile asset that could easily lose half its value before it doubles again. Therefore, investors shouldn\'t use any cash they need over the next five to 10 years to buy Ether. That said, Ether could still generate massive long-term gains for investors who can stomach all the near-term volatility.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Ethereum Like There\'s No Tomorrowwas originally published by The Motley Fool', "It would take you more than a few minutes to find an asset that has produced a better return in the past five years thanBitcoin(CRYPTO: BTC). During that stretch, the world's most valuable cryptocurrency has soared 1,000%. For comparison's sake, the tech-heavyNasdaq-100indexclimbed 128% in that time.\nBitcoinhas been on a fantastic run in the past year and a half in particular. But things are cooling down, as it sits 13% off its peak price (as of the morning of May 5). Investors are probably viewing this as a potential buying opportunity.\nIf we look out over the next five years, where could Bitcoin be?\nI think Bitcoin's key value proposition is that it is a scarce asset. There will only ever be 21 million coins in circulation, with a scheduled inflation rate that hasn't been tampered with yet in Bitcoin's roughly 15-year history. As demand for a fixed asset rises, so does the price.\nThis is in stark contrast to Bitcoin's main competitor, fiat currencies. Thanks to irresponsible fiscal and monetary policies, especially in the U.S., these currencies are constantly losing their purchasing power. Bitcoin's structure seeks a more controlled solution.\nAnother factor pushing up Bitcoin's price is the advent of a more robust financial services infrastructure. The latest development in this regard was theapproval of spot ETF productsin January. So far, these have been wildly successful at driving capital inflows to Bitcoin. Plus, the decision by the Securities and Exchange Commission to approve the ETFs can be viewed as a regulatory stamp of approval.\nThere are many businesses, ranging from Wall Street banks all the way down to scrappy start-ups, all working on different Bitcoin-related products and services. Therefore, it's easy to believe that this asset will find its way into more portfolios over time.\nI'm fairly confident that five years from now, Bitcoin's price can be double what it is today. If history is any indication, though, this might prove to be a very conservative outlook.\nAfter learning about some of Bitcoin's characteristics, it's hard not to become bullish. This is a special asset worth owning. And I do believe it has significant upside over the long term. However, investors need to also be mindful of any risks.\nThe top risk factor is that the U.S. government bans Bitcoin within its borders, essentially making it illegal to own or mine the crypto. This would basically leave out a massive pool of capital, resulting in weaker demand for Bitcoin. But as Bitcoin's value continues to rise, and more of the wealthy and political class starts to own it, the possibility of a full-on ban diminishes.\nAnother risk we can't ignore is more technical in nature. Perhaps an approved upgrade to the Bitcoin blockchain creates a software bug that exposes everyone's private keys, rendering the network worthless. Or progress toward quantum computing allows Bitcoin's cryptography to be cracked, again undermining the network's security.\nBut to help alleviate these potential threats, it's best to realize that Bitcoin nodes won't approve any updates that they think could wreak havoc. And when it comes to quantum computing, there's a high probability that Bitcoin's developers will create a way to bolster the network's security.\nOnce you understand these risks, you can set more realistic expectations. While I don't believe Bitcoin's return over the next five years will resemble the past five years, it's definitely worth taking a closer look at this cryptocurrency for your own portfolio. Just remember to maintain a long-term mentality and be prepared for the inevitable ups and downs.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", "It would take you more than a few minutes to find an asset that has produced a better return in the past five years thanBitcoin(CRYPTO: BTC). During that stretch, the world's most valuable cryptocurrency has soared 1,000%. For comparison's sake, the tech-heavyNasdaq-100indexclimbed 128% in that time.\nBitcoinhas been on a fantastic run in the past year and a half in particular. But things are cooling down, as it sits 13% off its peak price (as of the morning of May 5). Investors are probably viewing this as a potential buying opportunity.\nIf we look out over the next five years, where could Bitcoin be?\nI think Bitcoin's key value proposition is that it is a scarce asset. There will only ever be 21 million coins in circulation, with a scheduled inflation rate that hasn't been tampered with yet in Bitcoin's roughly 15-year history. As demand for a fixed asset rises, so does the price.\nThis is in stark contrast to Bitcoin's main competitor, fiat currencies. Thanks to irresponsible fiscal and monetary policies, especially in the U.S., these currencies are constantly losing their purchasing power. Bitcoin's structure seeks a more controlled solution.\nAnother factor pushing up Bitcoin's price is the advent of a more robust financial services infrastructure. The latest development in this regard was theapproval of spot ETF productsin January. So far, these have been wildly successful at driving capital inflows to Bitcoin. Plus, the decision by the Securities and Exchange Commission to approve the ETFs can be viewed as a regulatory stamp of approval.\nThere are many businesses, ranging from Wall Street banks all the way down to scrappy start-ups, all working on different Bitcoin-related products and services. Therefore, it's easy to believe that this asset will find its way into more portfolios over time.\nI'm fairly confident that five years from now, Bitcoin's price can be double what it is today. If history is any indication, though, this might prove to be a very conservative outlook.\nAfter learning about some of Bitcoin's characteristics, it's hard not to become bullish. This is a special asset worth owning. And I do believe it has significant upside over the long term. However, investors need to also be mindful of any risks.\nThe top risk factor is that the U.S. government bans Bitcoin within its borders, essentially making it illegal to own or mine the crypto. This would basically leave out a massive pool of capital, resulting in weaker demand for Bitcoin. But as Bitcoin's value continues to rise, and more of the wealthy and political class starts to own it, the possibility of a full-on ban diminishes.\nAnother risk we can't ignore is more technical in nature. Perhaps an approved upgrade to the Bitcoin blockchain creates a software bug that exposes everyone's private keys, rendering the network worthless. Or progress toward quantum computing allows Bitcoin's cryptography to be cracked, again undermining the network's security.\nBut to help alleviate these potential threats, it's best to realize that Bitcoin nodes won't approve any updates that they think could wreak havoc. And when it comes to quantum computing, there's a high probability that Bitcoin's developers will create a way to bolster the network's security.\nOnce you understand these risks, you can set more realistic expectations. While I don't believe Bitcoin's return over the next five years will resemble the past five years, it's definitely worth taking a closer look at this cryptocurrency for your own portfolio. Just remember to maintain a long-term mentality and be prepared for the inevitable ups and downs.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", 'Wall Street analysts set price targets for where they think a stock can go in the next year or so. A high price target can be a good indicator of a growth stock with a lot of potential. But investors should be careful not to assume a stock is a sure thing just because it has a lot of projected upside. In some cases, a stock may only appear to have significant upside because it has fallen sharply of late.\nThree stocks that have bullish consensus price targets implying upside of 30% or better areMicroStrategy(NASDAQ: MSTR),Rivian Automotive(NASDAQ: RIVN), andWarner Bros. Discovery(NASDAQ: WBD). Let\'s take a closer look at these stocks to see whether they are indeed good buys, or if some downgrades could be coming.\nMicroStrategy is an intriguing company because its operations center around analytics and helping companies with business intelligence decisions. For the most part, this hasn\'t been a rapidly growing business. During the first three months of this year, revenue totaled $115.2 million, down 5% from the prior-year period. It also incurred a hefty operating loss of $203.7 million.\nThe reason for this result was a digital asset impairment loss totaling $191.6 million. The company is incredibly bullish onBitcoin, and in the first line of the company\'s earnings release, MicroStrategy highlighted that it was "the largest corporate holder of bitcoin." It even reported that as of the end of the quarter, it had 214,400 bitcoins.\nMicroStrategy is a volatile stock that seems to be trying to get some of the excitement around Bitcoin behind its business as well -- and it has worked as the stock has more than doubled since January. Its fundamentals, however, don\'t look great. The company struggles with profitability, and it carries a lot of exposure toBitcoin.\nThis stock looks to be overdue for some downgrades, and investors should take heed.\nElectric vehicle maker Rivian Automotive is poised to rise by more than 90% if you believe Wall Street analysts as they have a consensus price target of nearly $20.\nRivian has been struggling right along with rivalTeslathis year as rising competition from China and concerns about demand amid challenging economic conditions have investors worried about the future of theseEV makers. Rivian is a far riskier stock than Tesla as it is less established and it isn\'t profitable.\nIts shares have plummeted more than 56% this year (Tesla is down by 26%). That decline is likely a key reason why Rivian\'s stock looks like it possesses a lot of upside now. At the start of the year, the stock was trading at more than $20; analysts likely weren\'t expecting such a sharp and quick sell-off.\nIt\'ll be a tough road ahead for Rivian\'s stock, though. The company is nowhere near profitability, normally incurring quarterly losses of well over $1 billion. And with Rivian reducing the prices on its vehicles, the outlook for the stock doesn\'t look any better right now.\nThis is a risky stock to be holding. Investors shouldn\'t assume this one will rise higher, as more downgrades could be around the corner for Rivian.\nMedia company Warner Bros. Discovery has also been struggling, with its shares falling 30% this year. Like the other stocks on this list, Warner Bros. hasn\'t been in great shape, normally incurring losses.\nThe company has been working on growing its subscriber base for HBO Max and Discovery+, but its goals appear underwhelming. By 2025, it hopes to have 130 million subscribers, which is less than half of the roughly 270 million subscribers that Netflix currently has. A potential catalyst on the horizon this year is the planned launch of a sports streaming service which will involve Warner Bros. Discovery,Fox, and ESPN (whichWalt Disneyowns).\nLast year, the company generated some good growth with revenue of $41.3 billion rising by 22% year over year. And its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) earnings rose by 32% to $10.2 billion.\nWarner Bros. Discovery is a bit of a risky stock, but it\'s the best buy on this list. With some excellent brands in its portfolio, there\'s a lot to like about its future prospects. While I don\'t think it will rise as much as 70% in the next year or so, investors who are willing to take a chance on the stock could generate some good returns.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Tesla, Walt Disney, and Warner Bros. Discovery. The Motley Fool has adisclosure policy.\n3 Stocks That Can Soar By At Least 30%, According to Wall Street. Are The Analysts Right?was originally published by The Motley Fool', 'Now that theBitcoin(CRYPTO: BTC)halving hype is in the rearview mirror and an array of spot Bitcoin exchange-traded funds (ETFs) is available, it\'s a good time for investors to ask, "What\'s next?" The prospect of earning seven figures byHODL-ing(crypto lingo for holding) Bitcoin sounds enticing when the price is rising, but choppy consolidation periods can dim one\'s enthusiasm.\nYet the boring periods can offer opportunities. After all, the millionaire mindset isn\'t about chasing rallies and following crowds. They key to crypto prosperity is, as the old saying goes, puttingtime inthe market rather thantimingthe market.\nMaking $1 million with Bitcoin will, first and foremost, require a substantial investment. Even if you expect Bitcoin to go from today\'s price of $63,000 to $630,000, you\'d need a $100,000 investment to make your way to $1 million (and the IRS will surely demand a piece of that, by the way).\nSo, don\'t get caught up in get-rich-quick fantasies -- and don\'t put too much stock in commentators\' predictions. Sure, analysts as Bernstein expect Bitcoin to hit $150,000 by 2025 and Ark Invest Chief Executive Officer Cathie Wood said it will reach $3.8 million by 2030, but these forecasts are a dime a dozen, and a dozen of them might not even be worth that dime.\nAlso, don\'t conclude from the Securities and Exchange Commission\'s (SEC) approval of spot Bitcoin ETFs that the regulatory war is won. Even the staunchest bulls shouldn\'t forget that the SEC is suing Binance andRobinhood Marketsfor their crypto activities, with the regulator\'s latest warning hinting at a potential enforcement action.\nPerhaps the market\'s realization that the regulatory war isn\'t over yet is among the reasons Bitcoin is directionless now. This shouldn\'t be a problem, however, if you\'re a long-term Bitcoin bull and haven\'t made the mistake of pouring all of your investable capital into Bitcoin. Now that Bitcoin has pulled back from its record high of $73,000, investors can lower their cost basis by buying on the dips and capitalizing on quiet periods.\nBernstein analysts cited various reasons for their bullish stance on Bitcoin. They observed robust inflows into spot Bitcoin ETFs, noted corporate interest in Bitcoin, and suggested that there\'s "continued discipline in the Bitcoin mining cycle" due to thehalvingevents, which reduced the reward miners receive by half.\nFair enough, but there\'s an 800-pound gorilla that could have a greater impact than all of those factors. Bitcoin is among the riskiest of risk-on assets, and just a word or phrase from Federal Reserve Chairman Jerome Powell can cause risk-on assets to sink or soar.\nCurrently, the phrase that pays is "it\'s unlikely," as in: "I think it\'s unlikely that the next policy rate move will be a hike. I\'d say it\'s unlikely." That\'s Powell\'s response to a question about the probability of an interest rate raise in the next Federal Open Market Committee meeting, which is scheduled for June.\nThat, along with the Labor Department\'s surprisingly weak April jobs growth numbers, lends credence to the idea that the economy is slowing, inflation will cool, and government-bond yields won\'t be higher for longer. If the dollar softens in response to a more accommodative Fed, that would provide a significant tailwind to Bitcoin.\nOr at least, that\'s the assumption. Theory and practice are frequently at odds in the financial markets, and assumptions of future interest policy trajectory can be harmful to one\'s financial well-being.\nIt\'s perfectly fine, then, to be agnostic about the future and resist the temptation to time the cryptocurrency markets. At the same time, being agnostic doesn\'t mean being uninformed. Central bank policy shifts will be impactful for years to come, and HODL-ing doesn\'t preclude paying attention to the relevant facts and circumstances.\nAlong with staying informed, being patient will be necessary in the journey to crypto-millionaire status. Consider it a marathon and not a sprint, with pit stops along the way as Bitcoin\'s dips and boring phases allow opportunities for research, reflection, and small crypto-stake additions.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire Maker?was originally published by The Motley Fool', 'Now that theBitcoin(CRYPTO: BTC)halving hype is in the rearview mirror and an array of spot Bitcoin exchange-traded funds (ETFs) is available, it\'s a good time for investors to ask, "What\'s next?" The prospect of earning seven figures byHODL-ing(crypto lingo for holding) Bitcoin sounds enticing when the price is rising, but choppy consolidation periods can dim one\'s enthusiasm.\nYet the boring periods can offer opportunities. After all, the millionaire mindset isn\'t about chasing rallies and following crowds. They key to crypto prosperity is, as the old saying goes, puttingtime inthe market rather thantimingthe market.\nMaking $1 million with Bitcoin will, first and foremost, require a substantial investment. Even if you expect Bitcoin to go from today\'s price of $63,000 to $630,000, you\'d need a $100,000 investment to make your way to $1 million (and the IRS will surely demand a piece of that, by the way).\nSo, don\'t get caught up in get-rich-quick fantasies -- and don\'t put too much stock in commentators\' predictions. Sure, analysts as Bernstein expect Bitcoin to hit $150,000 by 2025 and Ark Invest Chief Executive Officer Cathie Wood said it will reach $3.8 million by 2030, but these forecasts are a dime a dozen, and a dozen of them might not even be worth that dime.\nAlso, don\'t conclude from the Securities and Exchange Commission\'s (SEC) approval of spot Bitcoin ETFs that the regulatory war is won. Even the staunchest bulls shouldn\'t forget that the SEC is suing Binance andRobinhood Marketsfor their crypto activities, with the regulator\'s latest warning hinting at a potential enforcement action.\nPerhaps the market\'s realization that the regulatory war isn\'t over yet is among the reasons Bitcoin is directionless now. This shouldn\'t be a problem, however, if you\'re a long-term Bitcoin bull and haven\'t made the mistake of pouring all of your investable capital into Bitcoin. Now that Bitcoin has pulled back from its record high of $73,000, investors can lower their cost basis by buying on the dips and capitalizing on quiet periods.\nBernstein analysts cited various reasons for their bullish stance on Bitcoin. They observed robust inflows into spot Bitcoin ETFs, noted corporate interest in Bitcoin, and suggested that there\'s "continued discipline in the Bitcoin mining cycle" due to thehalvingevents, which reduced the reward miners receive by half.\nFair enough, but there\'s an 800-pound gorilla that could have a greater impact than all of those factors. Bitcoin is among the riskiest of risk-on assets, and just a word or phrase from Federal Reserve Chairman Jerome Powell can cause risk-on assets to sink or soar.\nCurrently, the phrase that pays is "it\'s unlikely," as in: "I think it\'s unlikely that the next policy rate move will be a hike. I\'d say it\'s unlikely." That\'s Powell\'s response to a question about the probability of an interest rate raise in the next Federal Open Market Committee meeting, which is scheduled for June.\nThat, along with the Labor Department\'s surprisingly weak April jobs growth numbers, lends credence to the idea that the economy is slowing, inflation will cool, and government-bond yields won\'t be higher for longer. If the dollar softens in response to a more accommodative Fed, that would provide a significant tailwind to Bitcoin.\nOr at least, that\'s the assumption. Theory and practice are frequently at odds in the financial markets, and assumptions of future interest policy trajectory can be harmful to one\'s financial well-being.\nIt\'s perfectly fine, then, to be agnostic about the future and resist the temptation to time the cryptocurrency markets. At the same time, being agnostic doesn\'t mean being uninformed. Central bank policy shifts will be impactful for years to come, and HODL-ing doesn\'t preclude paying attention to the relevant facts and circumstances.\nAlong with staying informed, being patient will be necessary in the journey to crypto-millionaire status. Consider it a marathon and not a sprint, with pit stops along the way as Bitcoin\'s dips and boring phases allow opportunities for research, reflection, and small crypto-stake additions.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire Maker?was originally published by The Motley Fool', "Bitcoin(CRYPTO: BTC)is gaining widespread acceptance as an asset that will be around for a while, but it can still be intimidating for many investors. It's easy to see why that's the case, as everyone has heard tales of investors losing everything with cryptocurrency investments.\nBut huge losses are not a foregone conclusion, and with a very simple trick, you'll even be able to avoid one of the most serious mistakes that people tend to make with Bitcoin. Let's dive in.\nTo start, let's look at a couple of snapshots of Bitcoin's price action to see where it might be possible to mess up your investment, starting with the one-month view.\nAs you can see, if you bought the coin at the start of last month, you have lost more than 10% of your investment during the past 30 days. If this were to happen in your retirement account with a stock right after you bought it, it would probably cause consternation. The potential outcome is clear: This one's headed straight to zero. Your more risk-averse friends and relatives would be cautioning you or even pleading with you that it's better to get out now, with most of your money, while your losses aren't so serious.\nBut wait. A small dip in the coin's price is far from a death knell, and selling could actually be a serious mistake. Inability to tolerate temporary losses could therefore lead to missing out on much larger gains. Let's zoom out and take a six-month view:\nHere, there is still a risk of making the same mistake of selling prematurely.\nThis time, however, the rationale from anxious onlookers and perhaps from your own brain typically look a bit different. After such a rapid run-up in the coin's price, so the proponents of selling will say, there'ssimply no waythat its bull run could continue. Besides, Bitcoin is a bubble, and it will go to zero someday, so it's better to get out now, with a tidy profit,beforeyou ultimately lose most of your money.\nThe fact that a bull run is ongoing is not evidence that the bull run will promptly end, though it is true that eventually it probably will. Furthermore, the fact that all bull runs end is not evidence that the price of a security will fall to a lower level than you purchased it at. Cutting your gains too early could ultimately be as destructive to your portfolio's growth as cutting your losses too soon.\nNow let's peek at the 10-year period:\nStudy this chart. Where would you be the most tempted to buy or sell your Bitcoin?\nBe honest. If you are like most investors, the temptation to sell would hit you the most intensely during the sharp downward slopes after the peaks of the price, when your investment is rapidly losing value. The exact opposite situation is when you'd be the most inclined to buy, precisely when the price is peaking, and immediately before it starts to fall.\nOne more question: Where on the chart would it be themost optimalto buy or sell? It's obvious that the correct move would be to buy during the lows, and sell during the highs. Take a closer look at roughly how much time elapses between the troughs and the peaks.\nHerein lies the origins of the biggest challenge with investing in Bitcoin, or any other volatile cryptocurrency. With perfect timing, you'd need to hold onto your coins for a couple of years for the investment to work out optimally. Most investors simply aren't patient enough to make this basic strategy work. Others are overwhelmed by their panic during downturns such that they sell before their patience can reward them.\nHave no fear. There is an easy remedy.\nFor most people, it is not possible to time the market, or Bitcoin. Remember, you don't get to see the 10-year chart for the coin'sfutureperformance on the day when you sit down to make your investment. You only get to see what happened in the past. That means relying on patience is all the more important, as is usingdollar-cost averaging (DCAing)rather than bulk purchasing of coins.\nBut that isn't even the trick, it's just a tool that helps you mitigate the impact of daily price fluctuations on your investment's total value.\nTo avoid selling your shares too early, before hitting theprice targetoutlined in your investing plan, the most important trick is to simply not look at your Bitcoin or crypto investment every day.\nLooking at the price of Bitcoin does not change it. Looking at the value of your investment does not help it to gain value, or recover lost value. Stressing about your investment also does nothing positive -- but it can erode your patience, and cause you to make the serious mistake of selling before it's the right time.\nSetup your DCA plan with your brokerage, then close the browser window. Find some distractions, preferably enjoyable ones that can occupy you for months or years on end. Check back once in a great while, and if you haven't yet hit the price target you specified, try checking again much later. Out of sight is out of mind, and thus out of opportunities to falter.\nBitcoin is an investment to hold for the long term. Don't trade in and out, and don't be afraid to game your own psychology to build the patience you need to profit. When in doubt, zoom the chart out, take a peek at the trend, and log off.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Silly Trick That'll Help You Avoid 1 Serious Mistake When Buying Bitcoinwas originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)is gaining widespread acceptance as an asset that will be around for a while, but it can still be intimidating for many investors. It's easy to see why that's the case, as everyone has heard tales of investors losing everything with cryptocurrency investments.\nBut huge losses are not a foregone conclusion, and with a very simple trick, you'll even be able to avoid one of the most serious mistakes that people tend to make with Bitcoin. Let's dive in.\nTo start, let's look at a couple of snapshots of Bitcoin's price action to see where it might be possible to mess up your investment, starting with the one-month view.\nAs you can see, if you bought the coin at the start of last month, you have lost more than 10% of your investment during the past 30 days. If this were to happen in your retirement account with a stock right after you bought it, it would probably cause consternation. The potential outcome is clear: This one's headed straight to zero. Your more risk-averse friends and relatives would be cautioning you or even pleading with you that it's better to get out now, with most of your money, while your losses aren't so serious.\nBut wait. A small dip in the coin's price is far from a death knell, and selling could actually be a serious mistake. Inability to tolerate temporary losses could therefore lead to missing out on much larger gains. Let's zoom out and take a six-month view:\nHere, there is still a risk of making the same mistake of selling prematurely.\nThis time, however, the rationale from anxious onlookers and perhaps from your own brain typically look a bit different. After such a rapid run-up in the coin's price, so the proponents of selling will say, there'ssimply no waythat its bull run could continue. Besides, Bitcoin is a bubble, and it will go to zero someday, so it's better to get out now, with a tidy profit,beforeyou ultimately lose most of your money.\nThe fact that a bull run is ongoing is not evidence that the bull run will promptly end, though it is true that eventually it probably will. Furthermore, the fact that all bull runs end is not evidence that the price of a security will fall to a lower level than you purchased it at. Cutting your gains too early could ultimately be as destructive to your portfolio's growth as cutting your losses too soon.\nNow let's peek at the 10-year period:\nStudy this chart. Where would you be the most tempted to buy or sell your Bitcoin?\nBe honest. If you are like most investors, the temptation to sell would hit you the most intensely during the sharp downward slopes after the peaks of the price, when your investment is rapidly losing value. The exact opposite situation is when you'd be the most inclined to buy, precisely when the price is peaking, and immediately before it starts to fall.\nOne more question: Where on the chart would it be themost optimalto buy or sell? It's obvious that the correct move would be to buy during the lows, and sell during the highs. Take a closer look at roughly how much time elapses between the troughs and the peaks.\nHerein lies the origins of the biggest challenge with investing in Bitcoin, or any other volatile cryptocurrency. With perfect timing, you'd need to hold onto your coins for a couple of years for the investment to work out optimally. Most investors simply aren't patient enough to make this basic strategy work. Others are overwhelmed by their panic during downturns such that they sell before their patience can reward them.\nHave no fear. There is an easy remedy.\nFor most people, it is not possible to time the market, or Bitcoin. Remember, you don't get to see the 10-year chart for the coin'sfutureperformance on the day when you sit down to make your investment. You only get to see what happened in the past. That means relying on patience is all the more important, as is usingdollar-cost averaging (DCAing)rather than bulk purchasing of coins.\nBut that isn't even the trick, it's just a tool that helps you mitigate the impact of daily price fluctuations on your investment's total value.\nTo avoid selling your shares too early, before hitting theprice targetoutlined in your investing plan, the most important trick is to simply not look at your Bitcoin or crypto investment every day.\nLooking at the price of Bitcoin does not change it. Looking at the value of your investment does not help it to gain value, or recover lost value. Stressing about your investment also does nothing positive -- but it can erode your patience, and cause you to make the serious mistake of selling before it's the right time.\nSetup your DCA plan with your brokerage, then close the browser window. Find some distractions, preferably enjoyable ones that can occupy you for months or years on end. Check back once in a great while, and if you haven't yet hit the price target you specified, try checking again much later. Out of sight is out of mind, and thus out of opportunities to falter.\nBitcoin is an investment to hold for the long term. Don't trade in and out, and don't be afraid to game your own psychology to build the patience you need to profit. When in doubt, zoom the chart out, take a peek at the trend, and log off.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Silly Trick That'll Help You Avoid 1 Serious Mistake When Buying Bitcoinwas originally published by The Motley Fool", "Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Q1 2024 Earnings Call Transcript May 10, 2024\nCalumet Specialty Products Partners, L.P. beats earnings expectations. Reported EPS is $-0.61, expectations were $-0.74. Calumet Specialty Products Partners, L.P. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Good morning everyone and welcome to the Calumet Specialty Products Partners LP First Quarter 2024 Results Conference Call. [Operator Instructions] Please also note, today's event is being recorded. At this time, I'd like to turn the floor over to John Kompa, Investor Relations for Calumet. Sir, please go ahead.\nJohn Kompa:Good morning. Thank you, Jamie and thank you for joining us today for our first quarter 2024 e Last 60 Days of Bitcoin's Closing Prices: [73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-12 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,208,953,376,400 - Hash Rate: 545599184.5546882 - Transaction Count: 557164.0 - Unique Addresses: 377543.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Current Bitcoin Mining Operations Annual Run Rate of Approximately $82 Million LAS VEGAS, April 03, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), mined approximately 105 Bitcoin in March 2024. Of this total, approximately 53 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 52 Bitcoin from mining machines hosted with Core Scientific, Inc. The March mining operations represent a current Bitcoin mining operations annual run rate of approximately $82 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $65,000 per coin. William B. Horne, Chief Executive Officer of Ault Alliance, stated, "Sentinum has recently installed the first Antbox mining container at one of its Montana sites. Over the coming weeks and months, Sentinum will slowly move and install miners at its Montana facility to take advantage of the low power cost and make space for the build out of its Michigan facility into an artificial intelligence data center. We continue to be pleased with the progress that Sentinum is making and are excited for the future opportunities presented to us for the Michigan facility." Ault Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company also notes the upcoming halving of Bitcoin and with that, the halving of the block reward for miners. The Company makes no prediction on the price of Bitcoin prior to or after the upcoming halving but is prepared to adjust its mining operations accordingly. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20240403420180/en/ Contacts Ault Alliance Investor Contact:[email protected] 1-888-753-2235... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', "The Runes protocol, known for enabling the creation of fungible tokens on theBitcoinblockchain, has experienced a significant decrease in activity since its initial week of trading. On May 10th, a noticeable decline in activity was observed, with fewer new mints and new wallets interacting with the protocol compared to previous periods.\nAccordingto data from Dune analytics, the protocol's fee revenue has been steadily declining. While Runes still generates hundreds of thousands of dollars daily in fees on the Bitcoin blockchain, the total fees have only surpassed $1 million on two occasions within the past twelve days, indicating a notable downward trend. The launch of the Runes protocol occurred three weeks ago on April 19, coinciding with the most recent Bitcoin halving event. This debut sparked excitement among investors, leading to a surge in transaction fees and record-breaking earnings for Bitcoin miners, who generated over $135 million in fees during the first week alone.\nHowever, Runes-related transactions, which initially dominated the Bitcoin network, have gradually dwindled since April 24. On April 23, Runes accounted for the majority of transactions, reaching 81.3% of the total, while Bitcoin transactions dropped to 18.15%, with Ordinals and BRC-20 transactions at 0.1% each.\nFollowing this decline, Runes transactions continued to decrease until May 2. However, starting from May 3, Runes began to show signs of recovery. On May 4 and 5, Runes managed to regain a transaction share above 60%. The rise in transaction fees was initially welcomed by the mining community, compensating for their reduced earnings after the Bitcoin halving. However, total revenue for Bitcoin miners dropped to under $30 million per day in May.", "The Runes protocol, known for enabling the creation of fungible tokens on theBitcoinblockchain, has experienced a significant decrease in activity since its initial week of trading. On May 10th, a noticeable decline in activity was observed, with fewer new mints and new wallets interacting with the protocol compared to previous periods.\nAccordingto data from Dune analytics, the protocol's fee revenue has been steadily declining. While Runes still generates hundreds of thousands of dollars daily in fees on the Bitcoin blockchain, the total fees have only surpassed $1 million on two occasions within the past twelve days, indicating a notable downward trend. The launch of the Runes protocol occurred three weeks ago on April 19, coinciding with the most recent Bitcoin halving event. This debut sparked excitement among investors, leading to a surge in transaction fees and record-breaking earnings for Bitcoin miners, who generated over $135 million in fees during the first week alone.\nHowever, Runes-related transactions, which initially dominated the Bitcoin network, have gradually dwindled since April 24. On April 23, Runes accounted for the majority of transactions, reaching 81.3% of the total, while Bitcoin transactions dropped to 18.15%, with Ordinals and BRC-20 transactions at 0.1% each.\nFollowing this decline, Runes transactions continued to decrease until May 2. However, starting from May 3, Runes began to show signs of recovery. On May 4 and 5, Runes managed to regain a transaction share above 60%. The rise in transaction fees was initially welcomed by the mining community, compensating for their reduced earnings after the Bitcoin halving. However, total revenue for Bitcoin miners dropped to under $30 million per day in May.", "Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry, according to market analyst Ruslan Lienkha. Lienkha explained that this open interest concentration aligns with Bitcoin's all-time high. In mid-March, bitcoin reached a peak value of over $73,000.\nOptions are derivative contracts that grant traders the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. Call options provide the right to buy, while put options offer the right to sell. It is generally assumed that traders who purchase call options are bullish on the market, while put buyers are bearish.\nLienkha highlighted the significant domination of call options in the open interest, suggesting that many option traders anticipate bitcoin surpassing its previous all-time high by the end of June. This observation is consistent with data from the Deribit derivatives exchange, which also shows a concentration of calls at a strike price of $75,000 for the end-of-June expiry.\nDespite expectations of a price surge, Lienkha predicts that the bitcoin price will likely consolidate around its current levels in the coming weeks. This suggests a potential period of relatively stable trading in the short term. At the time of writing,Bitcoin (BTC)is trading at $61,212, experiencing a slight increase of over 0.54% in the past 24 hours.", "Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry, according to market analyst Ruslan Lienkha. Lienkha explained that this open interest concentration aligns with Bitcoin's all-time high. In mid-March, bitcoin reached a peak value of over $73,000.\nOptions are derivative contracts that grant traders the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. Call options provide the right to buy, while put options offer the right to sell. It is generally assumed that traders who purchase call options are bullish on the market, while put buyers are bearish.\nLienkha highlighted the significant domination of call options in the open interest, suggesting that many option traders anticipate bitcoin surpassing its previous all-time high by the end of June. This observation is consistent with data from the Deribit derivatives exchange, which also shows a concentration of calls at a strike price of $75,000 for the end-of-June expiry.\nDespite expectations of a price surge, Lienkha predicts that the bitcoin price will likely consolidate around its current levels in the coming weeks. This suggests a potential period of relatively stable trading in the short term. At the time of writing,Bitcoin (BTC)is trading at $61,212, experiencing a slight increase of over 0.54% in the past 24 hours.", 'CryptoPunks dominated the non-fungible token (NFT) market with a US$1.39 million daily sales volume on May 12, according to CryptoSlam data.\nMost of those sales came from CryptoPunk 741, which sold for almost US$800,000 at the Larva Labs marketplace. The NFT’s last on-chain sale occurred seven years ago, for US$400.\nCryptoPunk 741 is now the eighth-highest-valued CryptoPunk in the collection.\nThe second-ranking collection for the day was DMarket, which operates on Mythos Chain, a blockchain specialized for Web3 gaming applications. Dmarket had US$945,383 in daily sales, the third consecutive day above the US$900,000 mark.\nSunday’s sales total follows a monthly high of over US$970,000 on Friday.\nDMarket’s all-time sales volume now stands at US$427.16 million.\nNodeMonkes, the all-time leader among Bitcoin collections, claimed the third spot with sales of US$565,277, a decrease from the previous day’s US$1.21 million.\nOutside the top three in the NFT market, Pudgy Penguins saw a daily sales volume of US$473,136, and $CORE BRC-20 NFTs, recorded US$450,912.\nSolana Monkey Business, on the Solana blockchain, reported sales of US$429,598 for the day’s sixth spot, followed by $LTC+ BRC-20 NFTs, Mad Lads, and $π BRC-20 NFTs.\nSunday’s sales pushed the Ethereum blockchain, home to the CryptoPunks collection, to the top of the blockchain rankings for NFT sales.\nThe network reported a total sales volume of US$5.24 million on Sunday, a 25.6% increase from US$4.17 million the previous day.\nThe Bitcoin blockchain trailed behind with US$5.08 million in daily sales, as Solana posted US$2.67 million.', '• BTC has been sliding since reaching an all-time high in March.\n• Friday\'s quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said.\n• The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said.\nCrypto markets are stuck in a lull with digital assets consolidating for the last few weeks, testing investors conviction whether the bull market will resume.\nAll attempts for a sustained rally over the past weeks have been sold off, thelatest instancecoming Friday with bitcoin {{BTC}} tumbling nearly 5% from $63,000 to just above $60,000 amiddiscouraging inflation expectationsand hawkish commentary from Federal Reserve policymakers.\nBlockchain activity also points to low participation, withtransactionson the Bitcoin network falling off a cliff and second-largest ether {{ETH}} turning inflationary.\nWe have been here before.\nThe current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.\n"Bitcoin is in the \'bore you to death\' phase," Charles Edwards, founder of crypto hedge fund Capriole Investment said in anX post Thursday.\nThis period of consolidation could last for anywhere between one to six months, he explained, during which BTC will be rangebound with low volatility until market participants lose their patience. The sentiment will be the most negative just before the consolidation ends, he added.\n"When you are sufficiently bored from sideways chop, common symptoms will include thinking the halving is priced in, the bull market is over and selling to buy stocks at the bottom," Edwards said. "Your symptoms and shorts will peak just before the mega rally."\nSaid bottom might be near, according to analytics firm Santiment.\n"Traders are showing weak \'buy the dip\' interest in bitcoin\'s latest retrace," SantimentsaidFriday monitoring social media interactions. "Generally, the crowd\'s lack of faith is a strong sign of prices being close to a bottom."\nBitfinex analysts noted in a Friday report that bitcoin\'s recent weakness happened amid a surging U.S. dollar with interest rate cut expectations tempered, and said the lull could continue into early summer.\n"We expect the market to remain uncertain over the short-term in a low volatility environment till the actual tapering of QT [quantitative tightening] takes place in June." The Federal Reserve announced plans to curb the pace of its balance sheet run-off starting next month, which would impact dollar liquidity positively benefitting risky assets such as cryptocurrencies that are sensitive to the global liquidity environment.\nHowever, the greenback\'s tumble from a six-month peak last week following the Fed meeting and weak jobs report – coinciding with BTC to rebound from near $56,000 – was a turning point in the trend, and a weaker dollar could support the next leg in the crypto rally.\n"We believe sustained strength and a reclaim of range lows on BTC post-FOMC and job market data and the simultaneous weakness in the dollar is a sign of a new regime, which would set us up for a very bullish Q3-Q4 for bitcoin," the authors said.', '• BTC has been sliding since reaching an all-time high in March.\n• Friday\'s quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said.\n• The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said.\nCrypto markets are stuck in a lull with digital assets consolidating for the last few weeks, testing investors conviction whether the bull market will resume.\nAll attempts for a sustained rally over the past weeks have been sold off, thelatest instancecoming Friday with bitcoin {{BTC}} tumbling nearly 5% from $63,000 to just above $60,000 amiddiscouraging inflation expectationsand hawkish commentary from Federal Reserve policymakers.\nBlockchain activity also points to low participation, withtransactionson the Bitcoin network falling off a cliff and second-largest ether {{ETH}} turning inflationary.\nWe have been here before.\nThe current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.\n"Bitcoin is in the \'bore you to death\' phase," Charles Edwards, founder of crypto hedge fund Capriole Investment said in anX post Thursday.\nThis period of consolidation could last for anywhere between one to six months, he explained, during which BTC will be rangebound with low volatility until market participants lose their patience. The sentiment will be the most negative just before the consolidation ends, he added.\n"When you are sufficiently bored from sideways chop, common symptoms will include thinking the halving is priced in, the bull market is over and selling to buy stocks at the bottom," Edwards said. "Your symptoms and shorts will peak just before the mega rally."\nSaid bottom might be near, according to analytics firm Santiment.\n"Traders are showing weak \'buy the dip\' interest in bitcoin\'s latest retrace," SantimentsaidFriday monitoring social media interactions. "Generally, the crowd\'s lack of faith is a strong sign of prices being close to a bottom."\nBitfinex analysts noted in a Friday report that bitcoin\'s recent weakness happened amid a surging U.S. dollar with interest rate cut expectations tempered, and said the lull could continue into early summer.\n"We expect the market to remain uncertain over the short-term in a low volatility environment till the actual tapering of QT [quantitative tightening] takes place in June." The Federal Reserve announced plans to curb the pace of its balance sheet run-off starting next month, which would impact dollar liquidity positively benefitting risky assets such as cryptocurrencies that are sensitive to the global liquidity environment.\nHowever, the greenback\'s tumble from a six-month peak last week following the Fed meeting and weak jobs report – coinciding with BTC to rebound from near $56,000 – was a turning point in the trend, and a weaker dollar could support the next leg in the crypto rally.\n"We believe sustained strength and a reclaim of range lows on BTC post-FOMC and job market data and the simultaneous weakness in the dollar is a sign of a new regime, which would set us up for a very bullish Q3-Q4 for bitcoin," the authors said.', 'Chinese e-commerce firm Alibaba will report its quarterly earnings on Tuesday, with investors keen to see how a company that acts as a barometer for the mood of consumers in the world\'s second-largest economy performed.\nFor the March quarter this year, analysts, on average, expect the company to earn $1.41 per share on revenue of $30.42bn (£24.28bn). This compares to the last year’s $1.50 per share and $29.15bn.\nAlibaba’s Taobao online shopping and Tmall B2C online retail platforms may have seen a strong sequential increase in gross merchandise value.\nRead more:FTSE 100 LIVE: European stocks mixed as UK business output and wages rise\nThe platform has lowered costs as Chinese consumers seek discounts and lower-cost shopping but analysts are concerned this risks hitting margins.\nIt is also facing increasing competition from low-cost platforms, such as PDD Holding\'s (PDD) Pinduoduo and ByteDance-owned Douyin,Reutersreported.\nBitcoin is struggling to gain momentum as the globalcryptocurrencymarket cap decreased by 1.1% to approximately $2.23tn overnight\nThe cryptocurrency was trading at around $62,504 on Monday and struggled to make any significant gains after it surged on the back of the approval of US exchange-traded funds (ETFs).\nRead more:Stocks that are trending today\nDespite the slump, crypto investors were surprised by news that two Bitcoin wallets holding a combined 1,000 Bitcoin — worth $61m at current prices — have suddenly awoken after a 10-year hiatus, with the owners withdrawing almost all the funds available.\nNearly 1.8 million Bitcoin addresses have remained dormant for over a decade, according to a recent analysis by Chainalysis and Fortune.\nSoftBank made a quarterly profit of 231.1bn yen (£1.2bn) as the Japanese tech conglomerate benefitted from a boom in valuations driven by the AI hype.\nThe Tokyo-based company reported a second straight quarter of profitability in a result which was well ahead of analyst estimates, compared to a loss of 57.6bn yen (£295m) in the first three months of last year.\nIn February, chief financial officer Yoshimitsu Goto said the company was on a return to a "growth trajectory".\nThe Vision Fund investment unit booked an investment loss of 96.7 billion yen, missing estimates for a profit of 185.1 billion yen.\nRead more:Real UK wages rise as output per worker falls\nIn recent months, SoftBank has stepped up investments in AI-related hardware, taking controlling stakes in some cases. The Japanese investment firm is in talks to acquire British semiconductor startup Graphcore,Bloombergreported.\nSoftBank Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported.\nDistribution group Diploma surged to the top of the FTSE 100 (^FTSE) after takeovers of US companies helped it report double digit revenue growth.\nAdjusted pre-tax profit came in at £115.2m in the six months to 31 March, while revenue jumped 10% to £638.3m.\nThe specialist distribution business lifted annual guidance after a 17% rise in adjusted earnings. It now expects constant currency revenue growth of around 16%, up five percentage points from previous guidance.\nThe company acquired US-based Peerless Aerospace Fastener for £236m during the period, which it said would extend its strength in aerospace specialty fasteners. It also bought UK-based Plastic and Rubber Group for £38m.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Chinese e-commerce firm Alibaba will report its quarterly earnings on Tuesday, with investors keen to see how a company that acts as a barometer for the mood of consumers in the world\'s second-largest economy performed.\nFor the March quarter this year, analysts, on average, expect the company to earn $1.41 per share on revenue of $30.42bn (£24.28bn). This compares to the last year’s $1.50 per share and $29.15bn.\nAlibaba’s Taobao online shopping and Tmall B2C online retail platforms may have seen a strong sequential increase in gross merchandise value.\nRead more:FTSE 100 LIVE: European stocks mixed as UK business output and wages rise\nThe platform has lowered costs as Chinese consumers seek discounts and lower-cost shopping but analysts are concerned this risks hitting margins.\nIt is also facing increasing competition from low-cost platforms, such as PDD Holding\'s (PDD) Pinduoduo and ByteDance-owned Douyin,Reutersreported.\nBitcoin is struggling to gain momentum as the globalcryptocurrencymarket cap decreased by 1.1% to approximately $2.23tn overnight\nThe cryptocurrency was trading at around $62,504 on Monday and struggled to make any significant gains after it surged on the back of the approval of US exchange-traded funds (ETFs).\nRead more:Stocks that are trending today\nDespite the slump, crypto investors were surprised by news that two Bitcoin wallets holding a combined 1,000 Bitcoin — worth $61m at current prices — have suddenly awoken after a 10-year hiatus, with the owners withdrawing almost all the funds available.\nNearly 1.8 million Bitcoin addresses have remained dormant for over a decade, according to a recent analysis by Chainalysis and Fortune.\nSoftBank made a quarterly profit of 231.1bn yen (£1.2bn) as the Japanese tech conglomerate benefitted from a boom in valuations driven by the AI hype.\nThe Tokyo-based company reported a second straight quarter of profitability in a result which was well ahead of analyst estimates, compared to a loss of 57.6bn yen (£295m) in the first three months of last year.\nIn February, chief financial officer Yoshimitsu Goto said the company was on a return to a "growth trajectory".\nThe Vision Fund investment unit booked an investment loss of 96.7 billion yen, missing estimates for a profit of 185.1 billion yen.\nRead more:Real UK wages rise as output per worker falls\nIn recent months, SoftBank has stepped up investments in AI-related hardware, taking controlling stakes in some cases. The Japanese investment firm is in talks to acquire British semiconductor startup Graphcore,Bloombergreported.\nSoftBank Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported.\nDistribution group Diploma surged to the top of the FTSE 100 (^FTSE) after takeovers of US companies helped it report double digit revenue growth.\nAdjusted pre-tax profit came in at £115.2m in the six months to 31 March, while revenue jumped 10% to £638.3m.\nThe specialist distribution business lifted annual guidance after a 17% rise in adjusted earnings. It now expects constant currency revenue growth of around 16%, up five percentage points from previous guidance.\nThe company acquired US-based Peerless Aerospace Fastener for £236m during the period, which it said would extend its strength in aerospace specialty fasteners. It also bought UK-based Plastic and Rubber Group for £38m.\nDownload the Yahoo Finance app, available forAppleandAndroid.', "I have been very critical ofRobinhood Markets(NASDAQ: HOOD)during the last couple of years, which wasn't necessarily controversial given that its stock suffered a peak-to-trough collapse of 91% from its all-time high. The online brokerage platform was consistently losing active users, and its transaction revenue seemed to be in perpetual decline as a result.\nHowever, Robinhood's fortunes have changed in 2024. A rising stock market has brought users back into the fold, and they are actively transacting, which is driving the company's revenue higher.\nThe fastest-growing part of Robinhood's business right now, though, is the cryptocurrency segment, where revenue more than tripled year over year during the recent first quarter of 2024 (ended March 31). Robinhood stock has soared 30% in 2024 so far, but here's why it could be poised to go higher.\nRobinhood's monthly active users (MAU) peaked at 21.3 million during the second quarter of 2021. It declined in almost every quarter since then, bottoming at 10.3 million near the end of 2023. It was the primary reason I was bearish on the company's prospects. Simply put, generating sustainable revenue growth will be extremely difficult if the number of users to monetize continues to shrink.\nHowever, Robinhood's MAU has turned higher since that low point, and the metric currently stands at 13.7 million. The company also had a record-high 23.9 million in total funded customer accounts at the end of the first quarter, and the value of the assets held within them soared 65% year over year to $130 billion.\nThe latter figure was helped by rising stock andcryptocurrencyprices. The major U.S. stock market indexes each hit a record high in 2024, and so has leading cryptocurrencyBitcoin.\nRobinhood's customers also deposited $11.2 billion in new funds during the quarter. The platform earns fees through a practice called payment for order flow, which involves forwarding customer orders to third-partymarket makersfor fulfillment. Sending a $10,000 stock or cryptocurrency order earns Robinhood a higher fee compared to a $5,000 order, so its assets under custody is a very important indicator of its potential to earn revenue.\nRobinhood generated a record $618 million in revenue during Q1, 40% more than the year-ago period. But the real story is beneath the surface of the headline number.\nTransaction revenue jumped 59% to $329 million, which is important because this is earned through the company's brokerage operations. There was a positive contribution from all asset classes (equity, options, and crypto), but crypto was the standout performer, with revenue soaring by 232%:\nThis was a welcome change from 2023, when Robinhood's total revenue was mostly driven higher by interest income instead. The company has $4.7 billion in cash and equivalents on its balance sheet, plus it's holding $4.5 billion on behalf of customers, so the rapid rise in interest rates during the past couple of years increased the amount it was earning by storing that money in banks.\nRobinhood also earns interest on its credit card product and its margin lending activities. Overall, the company generated $254 million in total interest revenue during Q1, which was a 22% increase year over year. That number could shrink in the coming year if the U.S. Federal Reserve cuts interest rates as expected, which makes the resurgence in Robinhood's transaction revenue even more important.\nFinally, Robinhood continues to build on its progress on the bottom line. The company's operating costs fell 52% during Q1, and since revenue grew so quickly, that led to $157 million in GAAP (generally accepted accounting principles) net income -- a huge swing from the $511 million netlossfrom the year-ago period.\nMost of the decline in operating costs was attributable to the cancellation of Robinhood's founders award, which granted stock to the company's founding team. That led to a $536 million reduction in stock-based compensation expense during Q1.\nTo Robinhood's credit, it wasn't deterred by its crumbling stock price post-2021. The company continued to innovate and expand its product portfolio, and those initiatives are starting to bear fruit.\nFor example, it introduced a retirement offering in January 2023, and it already has more than 650,000 customers on board. During Q1, Robinhood's assets under custody for the retirement segment topped $4 billion, which was a 14-fold increase from its launch a year earlier. Many of Robinhood's customers are young, first-time investors, so it could yield a powerful long-term revenue stream if it can convince them to stick around for their decades-long journey to retirement.\nRobinhood is currently valued at almost $15 billion. Based on its trailing 12-month revenue of $2 billion, its stock trades at a price to sales (P/S) ratio of about 7.6. That's down substantially from its peak, which was set during 2021, because the company's revenue has grown along with its decline in stock price:\nI have previously made the argument that Robinhood's shrinking user base and stagnant revenue warranted a low P/S ratio. However, now that the top line has returned to growth -- led by a significant acceleration in transaction revenue -- it makes sense for the stock's P/S ratio to tick higher.\nTherefore, there could be more upside ahead for Robinhood investors.\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Cryptocurrency Stock Up 30% in 2024 That Could Keep Soaringwas originally published by The Motley Fool", 'LONDON,May 13, 2024/PRNewswire/ --BSV DevConis inviting blockchain enthusiasts, professionals, entrepreneurs, and innovators for a day of insightful sessions, hands-on workshops, and networking opportunities. Set to take place onMay 20that the London ExCel, this event will provide a platform for learning and collaboration in the ever-evolving world of blockchain technology.\nDevCon is designed to empower innovators and give attendees the tools to build on chain, inspire new ideas and drive advancement in technology by utilising the blockchain. The event will serve as a catalyst for innovation, enabling attendees to expand their knowledge and contribute to the technological future.\nKey themes include:\n• Hands-on Workshops – Participants will engage in interactive workshops that offer practical tools and applications of blockchain technology.\n• Expert insights – Learn from industry leaders who will share their experiences and insights for developers to build on chain.\n• Networking – Connect and build a new developer community from a diversity of backgrounds, helping attendees foster new partnerships and collaborations.\nThomas Giacomo, Director of Utilisation at BSV Blockchain,said,"BSV DevCon is set to redefine blockchain innovation. Our mission is to inspire developers and innovators to explore new horizons in technology, providing them with the knowledge and tools necessary to build the future and unlock the full potential of blockchain applications."\nWho should attend:\n• Developers looking to future proof their development and applications.\n• C-Suite of businesses who are seeking to understand the benefits of blockchain, and how it can help future proof their business.\n• Blockchain developers who are building across different blockchains who wish to learn about BSV blockchain\'s unique technology and toolkits.\nXiaohui Lui, Founder and CEO, sCrypt,said, "At BSV DevCon, we believe in the power of practical learning and real-world applications. This event is designed to elevate the understanding of blockchain technology to new heights, offering hands on experience and insights from industry experts."\nDevCon is a steppingstone for anyone aiming to play a significant role in the future of blockchain. Whether you are looking to enhance your technical skills, gain industry insights, or meet like-minded professionals, BSV DevCon is the place to be.\nFor more information about BSV DevCon and to register visit thewebsite.\nContact Details:[email protected]\nAbout BSV Blockchain:\nOne Blockchain for Everyone.\nThe BSV Blockchain leads the BSV Blockchain for Enterprise and Government initiatives. ThisSwitzerland-based global non-profit industry organisation supports the use of the BSV blockchain.\nThe BSV Blockchain oversees open-source programs and educates enterprises, government agencies, start-up ventures, developers, and users on creating a global blockchain ecosystem. The originalBitcoinprotocol and its scripting language provide powerful technical capabilities that BSV has restored.\nAbout theLondonBlockchainConference\nNETWORK. LEARN. ENGAGE.\nAt the\xa0London\xa0Blockchain\xa0Conference, we show how\xa0Blockchain\xa0will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this\xa0by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our\xa0conference\xa0is\xa0the best avenue to see\xa0blockchain\xa0innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from\xa0blockchain\xa0leaders. Join us and experience it for yourself.\nView original content:https://www.prnewswire.com/news-releases/empowering-innovators-and-building-the-future-of-blockchain-with-bsv-devcon-2024-302143367.html\nSOURCE BSV Blockchain', "Whether you're investing in serious cryptocurrency assets likeBitcoin(CRYPTO: BTC)orSolana,(CRYPTO: SOL)or silly meme coins likeDogwifhat(CRYPTO: WIF), you'll need to be ready for the standard set of risks. Volatility, macroeconomic issues, cybersecurity threats, and other pitfalls are guaranteed over a long enough period, and most investors are at least somewhat familiar with the consequences because they've experienced them before.\nThere are, however, a set of cryptocurrency risks that are less common, but potentially even more deadly for your portfolio. Let's explore three of them so that you'll know what to look out for and how you might be able to fortify yourself ahead of time.\nInvestors who are accustomed to trading stocks are used to being able to execute their trades whenever they want, as long as the market is open.\nWhen they want to buy or sell shares, their brokerage and the stock exchange communicate automatically, and the chances of their order getting lost in the works is close to nil, even during times when tens or hundreds of thousands of other investors across the market are trying to execute trades of their own. With cryptocurrencies, this unimpeded flow of orders into executions is not at all guaranteed.\nMost recently, before its network upgrade last month, Solana's chain was so congested that more than 75% of transactions failed for days on end. In other words, nobody could buy or sell any coins on the chain, nor could they transfer anything to or from anywhere. It is unfortunately a reality that many investors were thus trapped in positions that they would have preferred to sell or to add to at the opportune moment.\nThe best way to defend against the impacts of such congestion is to avoid short-term tactics that are better described asday tradingrather than investing. If you plan to hold onto your coins for several years, the threat of not being able to transact very effectively for a few days or even weeks becomes a whole lot less scary, because your primary recourse will simply be to wait a bit longer, which you were planning on doing anyway.\nMany investors think of cryptocurrencies like Bitcoin as hedges against problems in the traditional financial system and the economy at large.\nThat makes sense -- with a problem likemonetary inflation, which can make assets like cash less appealing over time, as opposed to Bitcoin with its fixed supply ceiling and immunity to currency debasement. So in theory, holding both Bitcoin and cash diversifies a portfolio such that the total value is more resilient to one of the biggest risks that could damage one of the assets inside of it.\nThe trouble is that Bitcoin's price is nonetheless correlated with many other assets, including with major stock market indexes. Check out this chart comparing Bitcoin to theInvesco QQQ Trust, an ETF that tracks theNasdaq-100, as shown here:\nAs you can see, during the past three years, the Nasdaq and Bitcoin have tended to move together.\nFor reference, a correlation coefficient of this magnitude is considered very strong, which is to say that the two components move roughly in tandem rather than in their own separate rhythms. Therefore holding the index and holding Bitcoin in the same portfolio probably does not result in enough diversification to protect the portfolio's overall value in the event of a downturn.\nBeware: Many cryptocurrencies exhibit correlations with stocks and other more mainstream investments, as well as with macroeconomic trends and consumer confidence levels and so on.\nDon't wait until there is a big problem for multiple investments you hold to diversify. Do your best to hypothesize about how and why any crypto investments you're considering buying might have their value connected to other assets, indexes, or metrics, and be sure to hedge your purchase with something that's confirmed to be totally unrelated and uncorrelated.\nWhen you decide to buy or sell a stock with a small market cap, as an independent investor working with an amount of money that's typical for a retirement account there is not much reason to worry about the functionality of the transaction itself, as discussed earlier.\nEven if you are deciding to liquidate your holdings after a big gain, your sale will almost certainly not affect the price of the stock by a perceptible amount. In short, you're simply not moving enough capital around for it to matter, as there are almost always many different buyers and sellers looking to transact.\nBut with cryptocurrencies, especially the smaller ones, there is absolutely no guarantee that your large buy or sell order can be absorbed by the market.\nFor example, if you bought Dogwifhat when its market cap was closer to $10 million than near $3 billion, where it is now, you would probably have struggled to close your position after a large gain. The value you would be trying to convert into dollars would represent a fairly large proportion of the value of the other orders.\nIn such a situation, your order will experience tremendous slippage, and you will only recoup a small portion of the value that you are trying to realize. If you're not familiar with the concept of slippage, it's basically what happens when you are trying to transact with such a large volume relative to the value of orders outstanding that you end up driving the price of the asset either up or down, thereby (potentially dramatically) reducing your returns.\nThere are two solutions to avoid this risk.\nFirst, don't invest in cryptocurrencies with very small market caps because it's essentially gambling, and most of them will go to zero anyway.\nSecond, rather than entering or exiting your investments all at once, try dollar-cost averaging (DCAing). If you transact with much smaller chunks, you'll guard yourself against some of the pain of the volatility in short-term price movements, and you'll also be totally immune to significant losses stemming from slippage too.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin and Solana. The Motley Fool has adisclosure policy.\n3 Potentially Brutal Cryptocurrency Risks That Most Investors Simply Aren't Ready Forwas originally published by The Motley Fool", 'Since its launch in July 2015,Ethereum(CRYPTO: ETH)has skyrocketed in price from just $0.31 to $3,000 today. That\'s a nearly 10,000-fold return on your investment! If you had invested just a few hundred dollars in Ethereum a decade ago, you\'d likely be a millionaire today.\nBut does Ethereum still have the power to make you a millionaire? While it\'s hard to argue with Ethereum\'s historical track record, things get a bit dicier Last 60 Days of Bitcoin's Closing Prices: [71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-13 Financial & Commodity Data: - Gold Closing Price: $2336.10 - Crude Oil Closing Price: $79.12 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,239,488,784,375 - Hash Rate: 607599091.8904481 - Transaction Count: 554780.0 - Unique Addresses: 466123.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Now that the much-anticipatedBitcoin(CRYPTO: BTC)halving is in the books, all eyes are focused on the future price of Bitcoin. And they should be given the past historical track record of halving events leading to massive bull market rallies for Bitcoin. But don't ignore what's happening with theBitcoin miners. The halving has a significant impact on their business models given that it cuts their mining rewards in half. To make up that shortfall, they are going to have to explore new options, and one that everyone is talking about right now isartificial intelligence. So just how big is this AI opportunity for Bitcoin miners? The shift from Bitcoin mining to AI computing might seem like a giant leap, but it's really not. Bitcoin miners already use a tremendous amount of computing power to solve the cryptographic puzzles required to mine Bitcoin. After the halving, they will attempt to shift some of that computing power to higher-margin AI computing. According to billionaire Mark Cuban, these miners really have no other choice. The halving will significantly reduce revenue per block, pushing miners to reconsider their business models as profits shrink. With the cost per Bitcoin effectively increasing -- due to operational expenses remaining constant while rewards drop -- miners might find current operations less viable. These financial pressures could drive miners to explore alternative business opportunities to maintain profitability. And if they fail to adapt, they could go out of business. One way to adapt to the new reality is by making the move to AI computing. Given that industry analysts have been talking about the potential impact of the halving on the Bitcoin mining industry for months now, it is perhaps no surprise that a growing number of smaller Bitcoin miners are already exploring the potential shift to AI. Three companies --Hive Digital Technologies(NASDAQ: HIVE),Hut 8 Corp.(NASDAQ: HUT), andBit Digital Inc.(NASDAQ: BTBT)-- already have AI computing operations up and running. And others, such asTerawulf Inc.(NASDAQ: WULF)andCore Scientific(NASDAQ: CORZ), are planning to add new AI computing capacity. The only problem, of course, is that shifting from Bitcoin computing to AI computing involves more than just pressing a button or flipping a switch. There are some types of older Bitcoin computing equipment that simply can't be repurposed for AI, which requires high-end GPU computing power. Moreover, some types of renewable energy used by Bitcoin miners aren't very suitable for AI computing with strict uptime requirements, so they might be forced to move operations elsewhere. And the barrier to entry is much higher for AI computing than it is for Bitcoin mining, especially when it comes to the overall infrastructure needed to provide high-end computing power to clients. That's why, for now, we're not seeing much of an impact when it comes to Bitcoin miners and AI computing. Hive Digital underwent a much-touted "AI rebrand" last year but still only gets about 3% of its revenue from AI computing right now. In its most recent quarter, Hive Digital reported $30 million in overall revenue, with about $1 million coming from AI-related computing. The key variable moving forward is the price of Bitcoin. According to CoinShares, the break-even production cost for Bitcoin miners post-halving is $53,000 per coin. So if Bitcoin -- currently trading at around $57,000 -- ever drops below that level, then Bitcoin miners might have to abandon Bitcoin entirely and shift everything they've got into AI or other forms of high-performance computing. But if the price of Bitcoin soars over the next year, as many analysts now expect, miners may be able to muddle through this part of the Bitcoin halving cycle without making major changes to their operations. So that's why the price of Bitcoin matters so much. It will fundamentally impact how miners respond to the potential market opportunity in AI. Going forward, I'm adding a number of smaller, under-the-radar Bitcoin mining stocks to my watchlist. These include both Hive Digital Technologies and Hut 8, which appear to be at the forefront of the new AI computing trend. The next time they report earnings, I'll be taking a much closer look at their overall revenue mix as well as any changes they are making to their Bitcoin mining fleets. But for now, I'm not ready to invest in Bitcoin miners at a time when the halving has the potential to lead to an industrywide shakeout. Before you buy stock in Hive Digital Technologies, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Hive Digital Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 30, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks were mixed on Monday, with the Nasdaq higher while the Dow ended its 8-day win streak.\n• Investors are bracing for the release of two inflation data points this week: PPI and CPI.\n• The inflation data will help inform investors when the Fed might cut interest rates.\nUS stocks were mixed on Monday, with theNasdaq 100higher while the Dow declined slightly, ending its 8-day win streak.\nNot evena short-squeeze in meme stockscould help propel theDow Jones Industrial Averageto a ninth straight day of gains.\nThe mixed trading occurred on a rather busy day for markets, with shares ofGameStopandAMC Entertainmentroaring back with intra-day gains of more than 100% after Keith Gill returned to social media.\nMeanwhile, investorsare bracing for a busy week of economic updates,with a slew of economic data points set to be released in the coming days.\nOn the inflation front, the producer price index and the consumer price index will be released on Tuesday and Wednesday, respectively. The inflation data will help investors determine when the Federal Reserve might cut interest rates.\nInvestors expect Core PPI to rise 0.2% in April, compared to the 0.2% gains in March. And for Core CPI, investors expect the index to rise 0.3% in April, compared to the 0.4% gain in March.\nFed Chairman Jerome Powell will speak on Tuesday, and April retail sales data will be released Wednesday, both of which could move markets.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,221.42, down 0.02%\n• Dow Jones Industrial Average:39,431.51 down 0.21% (-81.33 points)\n• Nasdaq composite:16,388.24, up 0.29%\nHere\'s what else is going on today:\n• From a 65% stock market crash to an imminent recession,here\'s a roundup of all the bearish forecasts on Wall Street.\n• It\'s not just Wall Street pros that expect a stock market crash.Meet the retail doomsayers waiting for the economy to crumble.\n• The return of Roaring Kitty on social media has led to GameStop stock soaring more than 50%in Monday morning trades.\n• A flood of crypto meme tokens hit the market after Keith Gill\'s return to social media,with some printing 1,000%+ gains.\n• Tesla stock will plunge 70% after its robotaxi and AI ambitions fall flat,according to "Big Short" investor Danny Moses.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.20% to $79.20 a barrel.Brent crude, the international benchmark, rose 0.81% to $83.46 a barrel.\n• Goldedged lower by 1.32% to $2,343.70 per ounce.\n• The 10-year Treasury yield fell 1 basis points to 4.49%.\n• Bitcoinjumped 2.66% to $63,092.\nRead the original article onBusiness Insider', "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market saw a drop to $8 billion last week from an average of $17 billion in April. However, cumulative trading volume for U.S. spot Bitcoin ETFs surpassed $250 billion since their launch on January 11, reaching a total of $254 billion last week.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market saw a drop to $8 billion last week from an average of $17 billion in April. However, cumulative trading volume for U.S. spot Bitcoin ETFs surpassed $250 billion since their launch on January 11, reaching a total of $254 billion last week.", 'Q1 2024 Earnings Highlights:\n• Revenue, gains, and other income increased by 216% YoY\n• Over 4x YoY increase in adjusted EBITDA\n• Total comprehensive income increased by over 11x YoY\n14thMay 2024 \| SAINT HELIER, Jersey \| CoinShares International Limited (“CoinShares\'\' or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF),the leading European investment company specialising in digital assets, has today published itsresultsfor the quarter ending 31stMarch 2024.\nJean-Marie Mognetti, Chief Executive Officer ofCoinSharessaid:\n"Q1 2024 stands out as our strongest quarter ever, marking a period of unprecedented strength and profitability for CoinShares. This quarter reflects not only our robust financial performance but also highlights our enhanced strategic growth capabilities, exemplified by the successful acquisition of Valkyrie\'s ETF business in March 2024. This pivotal move has allowed us to expand our operations across the Atlantic, further solidifying our presence in the global market.\nAt CoinShares, we have consistently equipped ourselves to realise our ambitions while maintaining a steadfast focus on our financial outcomes, which remain central to our strategy. These financial results underscore the Group\'s significant advancement since 2021, reflecting our continuous commitment to growth and excellence in our operations.”\nQ1 2024 financial highlights\n• Q1 revenue, gains and other income of£43.9 million(Q1 2023: £13.9 million)\n• Q1 adjusted EBITDA of£34.2 million(Q1 2023: £7.0 million)\n• Total comprehensive income for Q1 2024 of£34.1 million(Q1 2023: £2.9 million)\nQ1 2024 operational highlights\n• Valkyrie:In March 2024, CoinShares successfully completed the acquisition of Valkyrie\'s ETF business, significantly enhancing its global market presence and operational footprint across the Atlantic.\n• Asset Management:The Asset Management division saw strong inflows, particularly from CoinShares Physical, which notably contributed to the platform\'s performance, with CoinShares Physical\'s assets under management becoming a substantial part of the Group’s total AUM; additionally, XBT Provider maintained a solid asset base, benefitting from the uplift in the cryptocurrency market.\n• Capital Markets & Hedge Fund Solutions:The Capital Markets & Hedge Fund Solutions division delivered robust top-line performance, bolstered by vibrant market activity and gains from staking and trading, thriving particularly after the launch of the US Spot Bitcoin ETFs.\n• Dividend:The Board of Directors approved a new dividend policy for the fiscal year 2023, committing to an annual dividend of 20% to 40% of the Group\'s total comprehensive income, with the initial payment disbursed on May 3rd and three more scheduled throughout the year.\nThe performance for Q1 marks the Group’s strongest quarter ever. Full details of the Q1 results, inclusive of financial information on each of the Group’s business units, are included within the full report, availablehere.\nENDS\nABOUT COINSHARES\nCoinShares is the leading European investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.\nFor more information on CoinShares, please visit:https://coinshares.comCompany\| +44 (0)1534 513 100 \| [email protected] Relations\| +44 (0)1534 513 100 \| [email protected]\nThis information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out below, at 7:00 am CET on 14thMay 2024.\nPRESS CONTACT\nCoinSharesBenoît [email protected]\nM Group Strategic CommunicationsPeter [email protected]\nAttachment\n• coinshares_report_q1_24', 'OrdinalsBot, founded last year, confirms more than $4M in inscriptions for Q1, over 200K individuals on the platform, and 80% of the ten largest files inscribed on Bitcoin Blockchain\nMusicians including French Montana and Ghostface Killah have recently inscribed music on bitcoin using OrdinalsBot\nMAHE, Seychelles, May 14, 2024--(BUSINESS WIRE)--OrdinalsBot, the leading provider of API solutions for building out the data layer of the BTC blockchain, has kicked off the year with several key announcements and growth numbers. In just the last 3 months, OrdinalsBot, which simplifies the process of minting and managing Bitcoin inscriptions, BRC-20 tokens, Runes and other bitcoin protocols, has also collaborated with industry leaders, including Marathon Digital Holdings (NASDAQ: MARA), Xverse, Leather, ALEX, Oyl, Mintlayer, Atomiq DeFi, Sulu, and TeleportDAO.\nOrdinalsBot is behind 80% of the ten largest files ever inscribed on the Bitcoin blockchain, and the team recently set the new record for the top spot by inscribing Logos’ manifesto. This is now the largest-ever Bitcoin block, exceeding 3.969 MB.\nSuccessful collaborations with top artists, musicians and BRC-20 projects have resulted in over $4M in revenue for Q1 with a long pipeline of partnerships and launches in Q2. New collaborations will drive further growth and allow builders, creators, and collectors to more easily create and mint fungible and non-fungible tokens, Ordinals and Runes on the bitcoin blockchain.\n"With Ordinals, we’re proving that Bitcoin is not just about finance—it is also a platform to create and store music, art, and all of the data necessary for identity, business settlement, and ownership," shared Toby Lewis, Co-Founder of OrdinalsBot. "With all the hype around bitcoin price and bitcoin ETFs, few realize the services and utility of bitcoin is becoming more interesting and scalable every day. We’re thrilled to work with creators to bring more awareness and creativity into the space and expand Bitcoin’s vision."\nOrdinalsBot Data & Milestones:\n• Over 200K individuals using the platform\n• OrdinalsBot has also collaborated with cultural icons, inscribing unique musical Ordinals for rap legends French Montana and Ghostface Killah of Wu Tang Clan\n• Inscribed:80% of the top 10 largest files ever on Bitcoin. This includes projects from Inscribed Pepes, Runestones by Leonidas, sovrn.art, and Ordz Games.Inscribed 3 of the top 20 Ordinals collections in the top 20 by market cap (Runestone, Prometheans by CyberKongz, Pizza Ninjas)More than 150K Ordinals from the top 100 Ordinals collections by market cap\n• Provided backend support to Magic Eden’s inscription services\n• Enabled the launch of the $ORDI BRC-20 token, the first meme coin on BRC-20, created by the founder of BRC-20 protocol (@Domo).\n• Launching theRunes Launchpad\n• $TRIO utility token launched on the BRC-20 protocol on April 12, 2024 and is now traded on Gate.io and MEXC\n"We’re bitcoin and tech enthusiasts who want to turbocharge bitcoin by making it accessible to all—and we’re just getting started," said Brian Laughlan, Co-Founder at OrdinalsBot. "Ordinals has shown its utility within the industry and we’re thrilled to play a role in its success."\nLior Messika, Founder of Eden Block and Novel Labs: "OrdinalsBot’s unparalleled support helped us do things with our Mutant Hounds ordinals collection that have never been done before. Their team consistently goes above and beyond, pushing the boundaries of what’s possible in the ordinals ecosystem."\nThese announcements come on the heels of OrdinalsBot’s recent oversubscribed $3M+fundinground and their token ($TRIO) launch. Investors include DACM, Eden Block, Kestrel0x, Kenetic Capital, Sora Ventures, Nural Capital, WWVentures, Lightning Ventures, and others.\n$TRIO is a utility token for use within the OrdinalsBot ecosystem only, not an investment product. $TRIO is not available to U.S. persons. Please seeordinalsbot.comfor more information.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240509837121/en/\nContacts\nFor press enquiries, please contact:[email protected]', 'OrdinalsBot, founded last year, confirms more than $4M in inscriptions for Q1, over 200K individuals on the platform, and 80% of the ten largest files inscribed on Bitcoin Blockchain\nMusicians including French Montana and Ghostface Killah have recently inscribed music on bitcoin using OrdinalsBot\nMAHE, Seychelles, May 14, 2024--(BUSINESS WIRE)--OrdinalsBot, the leading provider of API solutions for building out the data layer of the BTC blockchain, has kicked off the year with several key announcements and growth numbers. In just the last 3 months, OrdinalsBot, which simplifies the process of minting and managing Bitcoin inscriptions, BRC-20 tokens, Runes and other bitcoin protocols, has also collaborated with industry leaders, including Marathon Digital Holdings (NASDAQ: MARA), Xverse, Leather, ALEX, Oyl, Mintlayer, Atomiq DeFi, Sulu, and TeleportDAO.\nOrdinalsBot is behind 80% of the ten largest files ever inscribed on the Bitcoin blockchain, and the team recently set the new record for the top spot by inscribing Logos’ manifesto. This is now the largest-ever Bitcoin block, exceeding 3.969 MB.\nSuccessful collaborations with top artists, musicians and BRC-20 projects have resulted in over $4M in revenue for Q1 with a long pipeline of partnerships and launches in Q2. New collaborations will drive further growth and allow builders, creators, and collectors to more easily create and mint fungible and non-fungible tokens, Ordinals and Runes on the bitcoin blockchain.\n"With Ordinals, we’re proving that Bitcoin is not just about finance—it is also a platform to create and store music, art, and all of the data necessary for identity, business settlement, and ownership," shared Toby Lewis, Co-Founder of OrdinalsBot. "With all the hype around bitcoin price and bitcoin ETFs, few realize the services and utility of bitcoin is becoming more interesting and scalable every day. We’re thrilled to work with creators to bring more awareness and creativity into the space and expand Bitcoin’s vision."\nOrdinalsBot Data & Milestones:\n• Over 200K individuals using the platform\n• OrdinalsBot has also collaborated with cultural icons, inscribing unique musical Ordinals for rap legends French Montana and Ghostface Killah of Wu Tang Clan\n• Inscribed:80% of the top 10 largest files ever on Bitcoin. This includes projects from Inscribed Pepes, Runestones by Leonidas, sovrn.art, and Ordz Games.Inscribed 3 of the top 20 Ordinals collections in the top 20 by market cap (Runestone, Prometheans by CyberKongz, Pizza Ninjas)More than 150K Ordinals from the top 100 Ordinals collections by market cap\n• Provided backend support to Magic Eden’s inscription services\n• Enabled the launch of the $ORDI BRC-20 token, the first meme coin on BRC-20, created by the founder of BRC-20 protocol (@Domo).\n• Launching theRunes Launchpad\n• $TRIO utility token launched on the BRC-20 protocol on April 12, 2024 and is now traded on Gate.io and MEXC\n"We’re bitcoin and tech enthusiasts who want to turbocharge bitcoin by making it accessible to all—and we’re just getting started," said Brian Laughlan, Co-Founder at OrdinalsBot. "Ordinals has shown its utility within the industry and we’re thrilled to play a role in its success."\nLior Messika, Founder of Eden Block and Novel Labs: "OrdinalsBot’s unparalleled support helped us do things with our Mutant Hounds ordinals collection that have never been done before. Their team consistently goes above and beyond, pushing the boundaries of what’s possible in the ordinals ecosystem."\nThese announcements come on the heels of OrdinalsBot’s recent oversubscribed $3M+fundinground and their token ($TRIO) launch. Investors include DACM, Eden Block, Kestrel0x, Kenetic Capital, Sora Ventures, Nural Capital, WWVentures, Lightning Ventures, and others.\n$TRIO is a utility token for use within the OrdinalsBot ecosystem only, not an investment product. $TRIO is not available to U.S. persons. Please seeordinalsbot.comfor more information.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240509837121/en/\nContacts\nFor press enquiries, please contact:[email protected]', '• Coinbase is back online after battling a major outage that began at 4:15 AM UTC.\n• The exchange said some users may still experience failures when sending crypto or withdrawing fiat.\nCrypto exchange Coinbase (COIN) is back online after a three-hour outage that began at 4:15 AM UTC.\nThe exchange returned to use at 07:42 UTC, according toits status page. Website visitors had received a "503 Service Temporarily Unavailable" message beforehand.\nThe exchange noted the outagein a post on X,saying it was investigating the issue and working on a solution. “Your funds are safe,” it posted. A spokesperson for Coinbase said that company didn’t have anything to add.\nAccording to the status page, some users may still experience failures when sending crypto or withdrawing fiat, marking the service as degraded.\nCoinbase shares are down 1.7% in pre-market trading. The price of bitcoin {{BTC}} appears to be unaffected by the issue, and is trading around $61,900,according to CoinDesk Indices data, down less than 1% in 24 hours.\nUPDATE (May 14, 08:17 UTC):Updates with return to service, Coinbase shares.', '• The Bitcoin Runes protocol experienced a significant decrease in activity and fee revenue after its initial surge after the Bitcoin halving.\n• Runes takes the Ordinals protocol a step further by making transactions cheaper and faster, but has failed to maintain meaningful traction among users.\n• Despite the initial excitement, the protocol\'s momentum has slowed, and its impact on the Bitcoin ecosystem remains to be seen.\nActivity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite astellar start last month.\nRunes takes theOrdinals protocola step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nThemuch-hyped Runeswent live after Bitcoin’s fourth halving on April 20. Datatracked on Dune Analyticsshows that in its first 10 days the protocol racked up more than 85,000 token issuances and generated over $3 million in fees.\nIn the past two weeks, however, all the metrics – including fees, new Runes and user activity – have dropped more than 50%. Only some 5,000 new Runes have been issued since May 1, generating just under $100,000 in fees.\nAt its peak, Runes led transactions and fees in the broader Bitcoin ecosystem, accounting for as much as 80% of all network activity. Now it\'s 20%. Worth noting, however, is that the downturn came amid a general market decline marked by falling bitcoin {{BTC}} prices and slow growth in alternative tokens, which may have contributed to a drop in sentiment for novel technology.\nRunes generated massive interest on social platform X before its launch with creator Casey Rodamoraiming to make it a protocolripe for meme coin trading and “degen” traders. Some industry participants expected the protocol to mirror theflourishing meme coin ecosystemon blockchains such as Solana and Base – likely fueling interest and bets on little-known memes.\nPUPS, a Runes token, emerged as a big play and surged from under $10 million capitalization to over $150 million in under a week,gaining support from several noted traderssuch as BitMEX founder Arthur Hayes.\nSeveral NFT collections and tokens were launchedon Ordinals, and even on Ethereum, before the protocol\'s introduction – each aiming to transfer over and become the biggest compilation after the launch. Such activity made Bitcoin-based NFTs top other collections on the usual leaders Ethereum and Solana, with tens of millions exchanging hands in an otherwise scant market fornon-fungible tokens.\nSome skeptics say that while Runes may serve as a way to build the Bitcoin ecosystem, there’s still work to be done.\n"The success of the Bitcoin L2 project based on OP_Return is doubtful as UTXO based blockchain network is fundamentally different from smart contract based network," Ho Chan Chung, head of marketing at CryptoQuant, told CoinDesk in a Telegram message. "The current notion of Bitcoin narrative as a digital currency combined, and the difference in the blockchain network fundamental are the two big hurdles that Bitcoin L2 projects need to overcome."\n"Lightning network was able to prove it. However, Ordinals, BRC-20, and Runes all seemed to fail at winning the narrative for now." Chung added.', '• The Bitcoin Runes protocol experienced a significant decrease in activity and fee revenue after its initial surge after the Bitcoin halving.\n• Runes takes the Ordinals protocol a step further by making transactions cheaper and faster, but has failed to maintain meaningful traction among users.\n• Despite the initial excitement, the protocol\'s momentum has slowed, and its impact on the Bitcoin ecosystem remains to be seen.\nActivity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite astellar start last month.\nRunes takes theOrdinals protocola step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nThemuch-hyped Runeswent live after Bitcoin’s fourth halving on April 20. Datatracked on Dune Analyticsshows that in its first 10 days the protocol racked up more than 85,000 token issuances and generated over $3 million in fees.\nIn the past two weeks, however, all the metrics – including fees, new Runes and user activity – have dropped more than 50%. Only some 5,000 new Runes have been issued since May 1, generating just under $100,000 in fees.\nAt its peak, Runes led transactions and fees in the broader Bitcoin ecosystem, accounting for as much as 80% of all network activity. Now it\'s 20%. Worth noting, however, is that the downturn came amid a general market decline marked by falling bitcoin {{BTC}} prices and slow growth in alternative tokens, which may have contributed to a drop in sentiment for novel technology.\nRunes generated massive interest on social platform X before its launch with creator Casey Rodamoraiming to make it a protocolripe for meme coin trading and “degen” traders. Some industry participants expected the protocol to mirror theflourishing meme coin ecosystemon blockchains such as Solana and Base – likely fueling interest and bets on little-known memes.\nPUPS, a Runes token, emerged as a big play and surged from under $10 million capitalization to over $150 million in under a week,gaining support from several noted traderssuch as BitMEX founder Arthur Hayes.\nSeveral NFT collections and tokens were launchedon Ordinals, and even on Ethereum, before the protocol\'s introduction – each aiming to transfer over and become the biggest compilation after the launch. Such activity made Bitcoin-based NFTs top other collections on the usual leaders Ethereum and Solana, with tens of millions exchanging hands in an otherwise scant market fornon-fungible tokens.\nSome skeptics say that while Runes may serve as a way to build the Bitcoin ecosystem, there’s still work to be done.\n"The success of the Bitcoin L2 project based on OP_Return is doubtful as UTXO based blockchain network is fundamentally different from smart contract based network," Ho Chan Chung, head of marketing at CryptoQuant, told CoinDesk in a Telegram message. "The current notion of Bitcoin narrative as a digital currency combined, and the difference in the blockchain network fundamental are the two big hurdles that Bitcoin L2 projects need to overcome."\n"Lightning network was able to prove it. However, Ordinals, BRC-20, and Runes all seemed to fail at winning the narrative for now." Chung added.', 'If you are looking to put $1,000 to work in the crypto market right now, you\'re probably looking for a cryptocurrency with significant upside potential. And, given the current macroeconomic uncertainty, you\'re probably also looking for a certain measure of downside protection.\nThe quest for a crypto investment with both upside potential and downside protection might sound a bit quixotic, but there\'s actually one cryptocurrency that offers both. Yes, it\'sBitcoin(CRYPTO: BTC). If I had $1,000 to invest right now, this would easily be my top crypto pick.\nSome analysts now predict thatBitcoincould hit a price of $100,000 by the end of this year, and $150,000 by the end of 2025. Given Bitcoin\'s current price of $63,000, that means you could potentially double your original $1,000 investment within just 18 months.\nAnd, if you are taking an even longer-term view of Bitcoin, the picture becomes even more attractive. According to Cathie Wood of Ark Invest,Bitcoin could hit a price of $1.48 million by 2030. And, if everything goes according to plan, she says, Bitcoin could hit a price of $3.8 million. So we\'re talking about the potential to gain 25-fold or even 50-fold on your initial investment!\nThat type of price performance might sound a bit fantastic. But not if you consider Bitcoin\'s historical track record. For much of the past decade, it has been the best-performing asset in the world, and it hasn\'t even been close.\nIn the decade from 2011 to 2021, for example, Bitcoin posted annualized returns of 230% per year. The next closest asset class (high-growth tech stocks) posted returns of just 20% per year. Granted, past results are no guarantee of future performance, but there\'s now a solid body of evidence to suggest that Bitcoin has immense upside potential over a relatively long period of time.\nIn terms of downside protection, Bitcoin\'s greatest strength is that it is an inflation-resistant asset. This is due to the algorithm that carefully controls the rate of new Bitcoin creation. Every four years, as a result of a halving, the rate of new Bitcoin creation gets cut in half. This is whyCoinbase Globalnow refers to Bitcoin as "a programmatically disinflationary asset." So if your primary concern is inflation, then Bitcoin should be an enticing option.\nAt the same time, Bitcoin also boasts remarkable scarcity, much like a precious metal. It\'s for good reason that many investors refer to Bitcoin as "digital gold." The maximum lifetime supply of Bitcoin is capped at 21 million coins, and 19.7 million coins are already in circulation. As Bitcoin adoption grows worldwide, the impact of this scarcity on price will only increase.\nAnd there\'s one more factor that gives Bitcoin downside protection: It is still largely uncorrelated with other financial assets. Put another way, Bitcoin can zig when other financial assets zag. Thus, even if the stock market tanks, there\'s still a chance that Bitcoin won\'t. This makes Bitcoin a very useful tool for portfolio diversification.\nIn fact, due to this historical lack of correlation, a growing number of investors now view Bitcoin as a safe-haven that can help them avoid the slings and arrows of outrageous fortune. A big reason for this lack of correlation is that, until recently, Bitcoin was largely ignored by Wall Street and stood outside the traditional financial system.\nBitcoin, of course, is certainly not without its risks. As they say on Wall Street, there\'s no such thing as a free lunch. And Bitcoin exposes you to tremendous volatility. In a single 24-hour period, Bitcoin can rise or fall by 10% or more. Given that Bitcoin trades 24/7 globally, you could theoretically go to bed thinking you\'re a millionaire and wake up the next morning only to find that a significant portion of your wealth has been wiped out.\nThat\'s why it\'s so important to keep a long-term perspective when investing in Bitcoin. This will keep you from worrying about short-term dips in value. Over the long haul, it\'s hard to think of a single financial asset that can outperform Bitcoin.\nYes, Bitcoin may no longer be able to deliver the types of spectacular returns that it offered early crypto investors. But, from my perspective, it still offers the ultimate mix of risk and reward.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000was originally published by The Motley Fool', "Craig Mahalik; IR; Rand Capital Corp\nDaniel Penberthy; President, Chief Executive Officer; Rand Capital Corp\nMargaret Brechtel; Chief Financial Officer, Executive Vice President, Treasurer, Secretary; Rand Capital Corp\nOperator\nGreetings, and welcome to Rand Capital Corporation's, first quarter fiscal year 2024, financial results conference call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Mr. Craig Mahalik, Thank you. You may begin.\nCraig Mahalik\nThank you, and good afternoon, everyone. We appreciate your interest in Rand Capital and for joining us today, for our first quarter 2024 financial results conference call.On the line with me are Dan Penberthy, our President and Chief Executive Officer, and Margaret Brechtel, our Executive Vice President and Chief Financial Officer.A copy of the release and slides that accompany our conversation is available at randcapital.com. If you're following along in the slide deck, please turn to Slide 2, where I'd like to point out some important information.As you are likely aware, we may make some forward-looking statements during this presentation. These statements apply to future events that are subject to risks and uncertainties, as well as other factors that could cause actual results to differ from where we are today.You can find a summary of these risks and uncertainties and other factors in the earnings release and other documents filed by the company with the Securities and Exchange Commission. These documents can be found on our website or at sec.gov.During today's call, we'll also discuss some non-GAAP financial measures. We believe these will be useful in evaluating our performance. You should not consider the presentation of this additional information in isolation as a substitute for results in accordance with generally accepted accounting principles. We have provided reconciliations of non-GAAP measures with comparable GAAP measures in the tables that a company today's earnings release. With that, please turn to Slide 3, and I'll hand the discussion over to Dan.\nDaniel Penberthy\nThank you, Craig, and good afternoon, everyone. We kicked off the year with solid momentum fueled by the strategic deployment of capital particularly into new and follow-on debt investments. This approach has consistently delivered results over the past years and evidences our strong performance in the first quarter of 2024.The initial three months were dynamic within our portfolio, characterized by these new and follow-on investments, certain equity sales and portfolio repayments. This activity does underscore the strength and agility of our investment approach. Moreover, seizing upon favorable marketing conditions rather market conditions, we realized $3.5 million from the sale of our ACV Auctions stock.The strategic exit in conjunction with the prudent utilization of our credit facility has enabled us to deploy over $10 million during the quarter. Fortifying the potential yield in the future of our portfolio and the strengthening dividends. Noteworthy is the evolution of our debt portfolio, which now represents 70% of our total mix, up from 64% at the close of 2023 and 56% at the end of 2022.This strategic shift has driven the 12% growth in total investment income for the quarter. This strong performance translated into tangible benefits for our shareholders as evidenced on slide 4. Year-to-date, we have declared total dividends of $0.54 per share. This includes a cash dividend of $0.25 per share for the first quarter and just last week on May 8, we increased our regularly quarterly cash dividend for the second quarter by $0.04 per share, marking a 16% increase and as now at $0.29 per share.This dividend increase reflects not only the strength and stability of our business operations and its portfolio, but our consistent and confidence abilities to execute in the future trajectory of the company. We firmly believe that our deal flow and unique marketing position will continue to support future dividends. At quarter end, having put our capital to work and distributing $645,000 in cash dividends to the shareholders. We still had approximately $11 million in total availability, including our cash on hand line of credit availability and our highly liquid publicly traded securities.If you turn to slide 5, you can see our portfolio mix between debt and equity in the changes during the recent quarter, our portfolio consisted of investments with a fair value of $82.8 million across 30 portfolio businesses. This was up $5.6 million, rather a net basis or 7% from the year end 2023, and reflected these new and follow-on investments in valuation adjustments in multiple portfolio companies. These were partially offset by our sale of ACV Auctions stock and other portfolio company loan repayments.The portfolio comprised approximately 70% in debt investments, as I previously noted, rather which have an annualized weighted average yield of 13.7%, which includes PIK. or payment in kind interest. The remaining mix was comprised 25% in equity investments in private companies and 5% in publicly traded securities consisting of our other BDC investments.During the first quarter, we completed one follow-on and two new investments. These transactions are highlighted on slide 6. The larger investment with a debt investment totaling $5.5 million into Madison Avenue holdings. They had previously repaid the $1.9 million loan to Rand, also during the quarter. This debt instruments will carry a rate of 14%, including PIK interest.Madison Avenue is based out of Texas and provides upscale salon spaces for lease. The Second was a new investment of $3.2 million made with Mountain regional equipment solutions or MRES. that consisted of a $3 million term loan at 14% and a $205,000 other equity investments. MRES is based out of Utah and supplies, automated lubrication systems active and passive safety systems and maintenance products designed for the mobile heavy equipment industry.Follow-on investments during the quarter was $1.8 million to Seybert’s Billiards Corporation. A Billiards, supply company based out of Michigan. With this investment, our total debt and equity investment in Seybert’s increased to a fair value of $7.8 million at quarter end.The bottom half of the slide highlights the notable exits and repayments from the quarter, including the sale of the stock of ACV Auctions. We have determined an appropriate time to make an exit within our investment portfolio. And this is often just as critical is making the initial investment. the shares of ACV were sold at an average price of $18.02 per share. And the sales of the 194,000 shares did result in a realized gain of $3.5 million.I should highlight that during the prior quarter, we had ACV stock valued or that is rather unrealized appreciation for approximately $2.9 million. And with the sale, we have now monetized that prior appreciation. During the quarter, we also received $687,000 principal loan repayment from pressure Pro, which left our total fair value of debt and equity investments at $2.4 million into this portfolio company.The charts presented on slide 7, offer a visual depiction of the diversity within our portfolio, in the evolving landscape of industry allocation over the past quarter. Against the backdrop of recent investments as well as adjustments in fair value, our industry composition saw notable changes during the quarter. Sectors such as professional services, consumer products and distribution witness growth.On the other end, we observed declines in the representation of the manufacturing and software industries. Overall, we continue to value this diversity of our industry mix. The diverse spectrum of sectors across our entire portfolio serves as a testament to our strategic approach, ensuring resilience and mitigating risks in our investment efforts.Slide 8 lists our top five portfolio companies at quarter end sales and continues to remain the largest fair value investment at well over $10.6 million or 13% of our total portfolio. Savers moved up to number two following their recent investment and Madison Avenue also move to the fourth ranking following our investments. Overall, these top five represent 44% of our total portfolio at quarter end.With that, I'll turn it over to Margaret for further review of our financials.\nMargaret Brechtel\nThank you, Dan, and good afternoon, everybody. I will start on slide 10, which provides an overview of our financial summary for the first quarter of 2024. Total investment income for the quarter was $2.1 million, up 12% over last year's first quarter, driven by a 40% increase in interest income. Overall, the number of portfolio companies contributing to investment income during the first quarter of 2024 was 24 companies compared to 23 in the first quarter of 2023.Total expenses were approximately $1.2 million during the first quarter compared with $1 million in the prior year's first quarter. The change reflects a $232,000 increase in interest expense on borrowings under our senior revolving credit facility. Partially offset by a decrease in capital gain incentive fees to the company's external investment adviser.Adjusted expenses, which includes accrued capital gains incentive fees and as a non-GAAP financial measure, were $1.1 million compared with $757,000 in the first quarter of 2023. First quarter net investment income increased 17% to $840,000 or $0.33 per share compared with $715,000 or $0.28 per share in the prior year first quarter. On an adjusted basis, which is a non-GAAP financial measure and excludes the capital gains incentive fee accrual expense. Net investment income was $0.37 per share compared with $0.39 per share in the first quarter of 2023.I'm going to move on to slide 11, which provides a waterfall graph for the change in net asset value for the quarter. Net assets at March 31, 2024 were $61.6 million, up 1% from the end of 2023. The change reflects our net investment income and realized gains from the ACB auction sale, coupled with a $2.9 million net change in unrealized depreciation and the $645,000 dividend distribution to shareholders during the quarter.As a result, the net asset value per share at March 31, 2024 increased to $23.85 compared with $23.56 per share at December 31, 2023. As highlighted on Slide 12, we continue to have a strong and flexible balance sheet that positions us well for future investments. Total assets grew 4% to $84.4 million, which included cash at quarter-end of approximately $759,000. We also held approximately $4.5 million in liquid BTC shares which are available for future liquidity needs, as Dan will touch on in a moment.Based on our borrowing base formula Rand has approximately $5.8 million of availability on its existing $25 million senior secured revolving credit facility at March 31, 2024. Our total outstanding borrowings of $19.2 million carrying an interest rate of approximately 8.8% at quarter end.We did not repurchase any shares during the quarter. The Board of Directors did renew the share repurchase program authorizing the purchase of up to $1.5 million in additional Rand Capital stock. The new program expires on March May 7, 2025.Our portfolio transformation to include more income-producing investments is expected to support an increased dividend level over time. In line with that expectation is previously mentioned Rand recently declared its regularly quarterly cash dividend distribution of $0.29 per share, which increased 16% from the first quarter of 2024 dividend of $0.25 per share. The cash dividend will be distributed on or about June 14, 2024, to shareholders of record as of May 31, 2024.With that, I will turn the discussion back to Dan.\nDaniel Penberthy\nThanks, Margaret. We do remain focused on our commitment to maximizing shareholder value through the sustained rather growth of dividends.We continue our strategic focus on bolstering our investment portfolio, particularly through prudent and strategic investments of income-generating debt instruments by capitalizing on these targeted opportunities. Our aim Last 60 Days of Bitcoin's Closing Prices:* [69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-14 Financial & Commodity Data: - Gold Closing Price: $2353.40 - Crude Oil Closing Price: $78.02 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,217,962,882,194 - Hash Rate: 562132493.1775575 - Transaction Count: 422043.0 - Unique Addresses: 458041.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Global Payments Market Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com'soffering. The Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion. Digital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs). Furthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world. Real-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising. The rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential. Key Market Drivers Digital Transformation and Technology Adoption • Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations. • Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments. • Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market. Globalization and Cross-Border Transactions • Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions. • Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions. • Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems. Regulatory Initiatives and Compliance • Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development. • Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States. • Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market. Changing Consumer Preferences and Behaviors • Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options. • Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments. • Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth. E-commerce and the Rise of Online Transactions • Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods. • Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem. • Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic. Key Market Challenges Security Concerns and Cyber Threats • Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems. • Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems. • Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats. Regulatory Complexity and Compliance Burden • Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions. • Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers. • Global Standards: Importance of striking a balance between innovation and compliance in the payments industry. Fraud and Financial Crime • Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems. • Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection. • Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime. Interoperability and Fragmentation • Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems. • Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions. • Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability. Key Market Trends Contactless Payments and Digital Wallets • Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security. • Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic. • Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences. Open Banking and API Integration • Transformative Potential: Impact of open banking on collaboration and competition among financial institutions. • API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences. • Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services. Cryptocurrency and Blockchain Technology • Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods. • Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems. • Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce. Biometric Authentication and Strong Security Measures • Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions. • Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens. • Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments. Segmental Insights End User Insights • Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands. • Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge. • Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends. Regional Insights • North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology. • Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity. • Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region. Key Attributes: [{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}] Competitive Landscape • Mastercard Inc. • Visa Inc. • PayPal Holdings, Inc. • AliPay (Alibaba Group) • UnionPay International • Stripe • Adyen • WeChat Pay • Worldpay • Klarna Scope of the Report Payments Market, By End User: • Retail • Entertainment • Healthcare • Hospitality • Others Payments Market, By Mode of Payment: • Point of Sale (Card Payments, Digital Wallet, Cash) • Online Sale (Card Payments, Digital Wallet) Payments Market, By Region: • North America • United States • Canada • Mexico • Europe • France • United Kingdom • Italy • Germany • Spain • Asia-Pacific • China • India • Japan • Australia • South Korea • South America • Brazil • Argentina • Colombia • Middle East & Africa • South Africa • Saudi Arabia • UAE • Turkey • Egypt For more information about this report visithttps://www.researchandmarkets.com/r/61666l About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment • Global Payments Market CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['What Can Lifeform Bring To WEB3 And BTC Ecosystem? — True Interconnectivity And Interoperability\nNew York, May 14, 2024 (GLOBE NEWSWIRE) -- As a pioneer in the DID\xa0field, Lifeform continuously fulfills its mission amidst the BTC wave, contributing to the development of the BTC ecosystem.\xa0Lifeform\xa0token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.\nLifeform, supported by investments from a host of prominent institutions, excels in focusing on the mentioned two objectives. Let us explore how Lifeform is executing its DID blueprint.\nUnlike other DID solutions that are constrained by the specific characteristics of different public blockchains, thereby limiting their cross-chain capabilities and application scopes, Lifeform offers full-chain domain names with .btc services. It is the first platform to support multi-blockchain domain name resolution (including, but not limited to, Bitcoin, Ethereum, BNB Chain, Solana, Base, Avalanche, and OPBNB) as an all-in-one domain resolution platform. This platform has already implemented mappings for .eth, .bnb, .sol, .arb, and other domain names under the Lifeform Universal Domain .btc, enabling functionalities such as cross-chain transactions, multi-chain asset inquiry, multi-channel integration, interactive social networking, and cross-chain finance.\nIn its roadmap, Lifeform also proposes collaborations with various wallets to integrate the .btc domain SDK into exchange wallets; its plan for supporting seamless interaction across multiple Layer1 and Layer2 networks.\nLifeform leverages its technological edge in AI to analyze cross-chain activities. By profiling users based on their asset management behaviors, Lifeform provides tailored recommendations for blockchain services, tokens, or dApps.\nParticularly for Web2 users who hold substantial amounts of idle BTC assets, Lifeform facilitates easy linkage to BTC Layer2 protocols, such as decentralized staking protocols characterized by stable yields and DeFi Machinegun Pool. This approach enhances the possibility of earning additional income without the need to sell cryptocurrency assets.In the future, Lifeform also plans to utilize AI to launch various practical smart devices, such as BTC Mobile and head-mounted displays. These innovations will contribute to the establishment of a free, unrestricted Bitcoin ecosystem mobile application store, providing comprehensive mobile solutions for the Bitcoin developer community.\nIn terms of presentation, Lifeform is a leader in visual DID. With advanced high-resolution engines, users can easily create any virtual avatar and link it with one click to Web2 streaming media for dynamic virtual persona manipulation. Ultimately, Lifeform aims to bring the next billion users into Web3. Users will not only possess a unique full-chain identity and social space, but in the near future, they will also be able to navigate through the AR & XR world using smart devices with the Universal Domain.\nFrom Digital Gold to Application-Driven Asset\n2024 is set to be a landmark year for Bitcoin: with the SEC finally approving the Bitcoin ETF, and the quadrennial halving event taking place. If prior to 2024, Bitcoin DeFi applications were merely tethered as value anchors, the subsequent approval has shifted BTC from merely being the digital gold of the crypto world to a truly application-driven asset.\nOne manifestation is that, spurred by the rapid rise of inscriptions last year, a plethora of Layer2 projects aimed at constructing new scaling solutions on Bitcoin sprang up like mushrooms after rain, with the TVL in DeFi surpassing the $2 billion mark. However, at the same time, Bitcoin, which has followed a developmental path similar to Ethereum, has replicated the same issues: Layer2 solutions are not the panacea for enhancing scalability. As economic activities between various protocols become segregated, forming a barrier to blockchain interoperability, the construction of "bridge builders" is inevitably seen as a crucial element in this transformation, with Decentralized Identities (DID) being an important part of this process.\nAs other application-specific public blockchains have developed their own representative DID projects, Bitcoin ecosystem has seen the emergence of service providers like Lifeform. Over the past year, Lifeform has raised $400 million in valuation through two funding rounds, with investments from notable institutions such as Binance, IDG Capital, GeekCartel, Foresight Ventures, KuCoin Labs, and SevenX Ventures, whose actions are becoming increasingly influential.\nWhy is DID so critical, and why is Lifeform a leader on the BTC DID track? This article will outline the importance of DID and the activities undertaken by Lifeform.\nOffers A Promising Solution to Enhance Blockchain Interoperability.\nThe essence of the network is connectivity. On the internet, most platform data still cannot be freely traded or leveraged to create additional value.\xa0Blockchain technology faces similar challenges. Not only is inter-chain interaction difficult, but the transitions between different smart contracts on the same chain, as well as interactions among Layer1, Layer2, and Layer3, are also severely limited.\nDecentralized Identifiers (DID) have emerged as a solution to enhance blockchain interoperability. DIDs serve as containers for identity, certificates, private keys, and assets, designed to bridge multiple service scenarios and data sources. Compared to traditional internet IDs, Web3\'s DIDs, with their decentralized nature, have inherent privacy advantages. Control is in the hands of the users, eliminating the security risks associated with outsourcing identity management to centralized entities. Furthermore, compared to crypto wallets, DIDs can integrate multiple blockchain addresses and even multiple wallet accounts. They can evolve from 2D to 3D identities, providing a richer user profile and a more vivid and dimensional identity image. The combination of different data enhances the richness of application scenarios.\nAn ideal DID would aggregate addresses from mainstream public blockchains, supporting basic functions like signing and transferring while integrating fragmented data from different blockchains that a user may have. Additionally, it would allow users to autonomously authorize which data to disclose to projects, thereby helping users achieve data sovereignty.\nPoised to Become the Super Gateway That Helps Web3 Go Viral\nDID is playing a pivotal role in expanding the reach of Web3.\xa0Particularly significant was the approval by the U.S. Securities and Exchange Commission of the Bitcoin ETF in January of this year, which officially recognized BTC as a U.S. dollar-denominated investment.\xa0According to the latest data, leading financial institutions like BlackRock and Fidelity, among others, have collectively purchased over 500,000 bitcoins through 10 ETFs (excluding Grayscale), injecting more than $30 billion into the sector.\nFor individuals eager to embrace the world of cryptocurrency yet lacking a low-barrier entry point as an opportunity, a sufficiently simple Web3 gateway is the first step in creating a positive user experience for non-Web3 users.\nDIDs offer a lower barrier to entry and lower cognitive load, combined with a strong network effect, making them a likely candidate as a super gateway for users entering Web3. Once DID becomes a new channel for capital inflows, its ability to transform non-financial behaviors into trustable reputation scores and financial behaviors into quantifiable credit values could drive transformative development across Web3 applications.\nLifeform’s introduction of a full-chain domain has opened a gateway to the crypto world for Web2 users, acting as the first Web3 passport for new entrants. With crypto assets, users can easily earn high annual yields without needing to master complex blockchain technologies; a single click is all that is required. As 2024 sees an influx of new Web2 users, the majority of whom are unfamiliar with blockchain operations, this segment of capital is in search of a familiar entry point. Lifeform provides this accessible gateway, serving as a bridge between Web2 and Web3 and enabling every user to manage their finances effortlessly. With the significant influx of capital, the future development prospects are unimaginable.\nLifeform will kickstart a transformative era for BTC.\nIn conclusion, the future of BTC and Lifeform is intertwined, mutually empowering each other\'s endeavors.\xa0With increasing interoperable integration, Lifeform is enhancing the BTC ecosystem to become simpler, faster, more equitable, and more trustworthy.\nFor Lifeform, leveraging the widespread recognition of BTC, the earliest-born and most valuable blockchain network, outside the crypto circle, opens up broader market opportunities and prospects significantly.\nBTC will also usher in a truly decentralized user ecosystem centered around credit and reputation in the future: DeFi may see a world of low collateral or even uncollateralized credit loans, spawning a wider array of credit financial products; meanwhile, advanced and simplified social service behaviors, such as chatting, reputation scoring, and personal achievement displays, will also build a mature on-chain social network comparable in scale to Web2; GameFi, NFTs, and DAOs, among other Web3 applications, will also have a distinct future within the BTC ecosystem.\nLooking ahead, as the frequency and complexity of user on-chain operations increase, alongside the continuous advancement of cryptography and Web3 technology, we can expect Lifeform to become a key hub and foundational infrastructure connecting BTC and even broader \xa0Web3 assets, applications, and services.\nDisclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. Do your own research before making a financial decision related to any crypto company or asset.\nCONTACT: Joanna Simpson [email protected]', '• Stocks climbed higher, taking the S&P 500 near its all-time high.\n• A downgrade revision in March\'s producer price index helped curb inflation concerns.\n• Fed Chairman Jerome Powell signaled that interest rates will have to remain higher for longer.\nThe S&P 500 closed just under its all-time high on Tuesday, and the Nasdaq hit a new record as markets prepared for a key April inflation report.\nWhile April\'s producer price index gained 0.5% against expectations of a 0.3% rise, March\'s data was revised to show a 0.1% decline. For the time being, that was enough to curb worries of stubborn inflation, and investors remain optimistic aboutinterest rate cuts by September.\nMany are also waiting to see Wednesday\'s consumer price index release, before determining whether to retreat from markets. In the meantime, traders tuned into commentary from Federal Reserve Chairman Jerome Powell, who signaled that rates will need to stay higher for longer.\n"Tomorrow\'s CPI report becomes even more important for any signs suggesting that the path towards price stability has gained momentum," Quincy Krosby said, Chief Global Strategist for LPL Financial. "An overriding question -- and potential dilemma -- hovering over markets is whether the broader economic landscape is softening at the same time inflation inches higher, making the Fed\'s job increasingly difficult."\nAmong other notable movers was a sustained rally in meme stocks, with the likes of GME and AMC rallying aggressively for their second day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,246.68, up 0.48%\n• Dow Jones Industrial Average: 39,558.11, up 0.32% (+126.60 points)\n• Nasdaq composite: 16,511.18, up 0.75%\nHere\'s what else is going on today:\n• 5 trades to pursue ifstagflation or hard-landing fears make a comeback, according to Bank of America.\n• Russia\'s economy can\'t sidestep fallout forever, think tank says.\n• An unprecedented number ofrecession signals are flashing, veteran analyst says.\n• Abullish sign just flashed in the S&P 500- it could mean record highs this summer, Bank of America says.\n• Here are6 scenarios for tomorrow\'s inflation report, according to JPMorgan.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 0.10% to $77.98 a barrel.Brent crude, the international benchmark, slid 0.15% to $82.38 a barrel.\n• Goldrose 0.37% to $2,358.21 per ounce.\n• The 10-year Treasury yield fell three basis points to 4.449%.\n• Bitcoindropped 2.1% to $61,556.\nRead the original article onBusiness Insider', 'Hotter-than-expected wage growth figures today dealt a blow to hopes of a June interest rate cut.\nThe earnings update came as it emerged that the UK jobless rate crept up to its highest level for nearly a year.\nVodafone, Flutter Entertainment, Currys and Greggs have also published results or trading statements today.\nTuesday 14 May 2024 17:47,Simon Hunt\nThe FTSE 100 returned to making gains on Tuesday but finished just short of a record close price.\nThe index’s soaring increases from last week have mellowed significantly but trading was still positive despite concerns over stubborn UK wage inflation data from the Office for National Statistics.\nLondon’s top index finished 13.14 points, or 0.16%, higher to end the day at 8,428.13.\nTheGermanDax index was down 0.09% at the close and the Cac 40 inFranceended up 0.2%.\nJoshua Mahoney, chief market analyst at Scope Markets, said: “The FTSE 100 provides one bright spot within an otherwise downbeat session in Europe, withVodafoneand Ocado the two dominant gainers.\n“European markets have also had to contend with the latest UK jobs report, with theBankof England likely concerned at the combination of stubbornly high wages and the joint highest unemployment rate in over two years.”\nTuesday 14 May 2024 14:39,Michael Hunter\nWall Street stock markets made a steady start to trade, with investors only halfway through a two-day run of inflation data likely to determine direction in the near term.\nThe producer price index came in with a hotter-than-forecast monthly rise.\nAttention is already on tomorrow’s consumer price index.\nBoth readings will influence the timing of an interest rate cut from the Federal Reserve.\nThe likelihood of action has moved further back into the year and the jury remains out on when it may come.\nIn the meantime, the broad-based S&P 500 ticked up by just under three points to 5,244.53.\nTuesday 14 May 2024 14:31,Michael Hunter\nAfter US producer price inflation data was higher than expected for April, attention is turning to the reading of the consumer price index due tomorrow.\nWith Wall Street indices holding steady today, there was some speculation that after Wednesday’s CPI, investors may take a long summer pause.\nDavid Morrison at Trade Nation said: ““If there’s no improvement in this week’s inflation numbers, then investors may feel it’s a good time to cut their exposure and come back in early September.”\nThat is when the chairman of the US Federal Reserve hosts a meeting of fellow central bankers at a famous beauty spot called Jackson Hole.\nThere is usually a set-piece speech, and this year’s event is seen as the likely venue for a major signal on the timing of a Fed rate cut.\nTuesday 14 May 2024 13:37,Michael Hunter\nThe month-on-month rise in US inflation for April has come in higher than expected, feeding into the debate on the timing of an interest rate cut in the US.\nThe core producer prices index rose 0.5% from March, stronger than the 0.2% expected.\nOn an annual basis, it came in bang in line with forecasts at 2.4%.\nThe hotter-than-forecast monthly reading will play into speculation on the timing of the the first US rate cut of the current monetary policy cycle.\nIt is one of the main themes over global markets at the moment.\nFutures markets took the data in their stride, pointing to a modest opening rise of four points for the S&P 500.\nTuesday 14 May 2024 12:13,Michael Hunter\nHere’s a snapshot of the main action on global markets in the middle of the London trading day.\nThere is a cautious mood at work, boosting gold and keeping the lid on stocks and the pound.\nTuesday 14 May 2024 11:49,Simon Hunt\nGreggs is poised to deepen ties with its biggest franchise partners after Britain’s best-known baker said it planned to open dozens more sites in key transport locations such as rail and petrol stations.\nThe London-listed business said it had opened 64 new stores since the start of the year, of which around a quarter were with franchisees, and planned to open up to 160 in total by the end of the year. Like-for-like sales rose 7.4% to £693 million.\nGreggs boss Roisin Currie said Asda had been the firm’s biggest franchise partner to date, with kiosks in its supermarkets and petrol forecourts, alongside EG Group and Rontec’s forecourts.\n“Our strategy is to be available to customers wherever they want to shop with us,” she told the Standard.\n“What [on-the-go] customers purchase is the same as they purchase on the High Street.\n“We currently have 16 franchise partners and hope to have a pipeline of more for the next couple of years.”\nRead more here\nTuesday 14 May 2024 11:02,Michael Hunter\nAnother fast-growing firm from London’s tech sector is being taken private in a multi-million pound transatlantic private equity bid.\nIQGeo, which provides the software used to power next-generation telecoms networks, is being bought by legendary US private equity house KKR for £333 million.\nThe all-cash takeout bid is priced at 480p per share. The stock closed at 405p yesterday. It leapt 65p, or over 16%, to 463p this morning.\nThe offer premium is of around 48% compared to the stock’s \xa0twelve-month volume weighted average price of 325p, according to the bid announcement.\n“KKR sees an opportunity to accelerate IQGeo\'s transition towards a recurring software centric business model and the development of IQGeo\'s future product roadmap under private ownership”, it said today.\n“IQGeo\'s sector is developing rapidly, as fibre and grid infrastructure are undergoing major transformation and upgrades to deliver against national connectivity and sustainability goals”, it added.\nTuesday 14 May 2024 10:25,Graeme Evans\nBid target Anglo American today revealed it will exit diamond, platinum and coal mining as part of its most radical overhaul in decades.\nThe shock plan comes as Anglo battles to convince shareholders of its standalone future, having yesterday rejected an improved £34 billion approach by Australia’s BHP.\nAnglo believes it can unlock significant value by focusing on a simplified portfolio of “world-class assets” in copper and premium iron ore.\nThe strategy will see Anglo offload its interest in the De Beers diamonds business and also seek a partner for the vast Woodsmith potash development in North Yorkshire.\nAnglo shares were 2% or 60.5p lower at 2646.5p, representing a slight easing of the bid premium since BHP disclosed its interest last month.\nThe decline for Anglo came in a robust session for the FTSE 100 index, with the support of heavyweights HSBC and BP helping the top flight to rise 14.20 points to 8429.19.\nDCC shares posted the biggest fall after the Dublin-based owner of operations in healthcare, energy and technology reported a slight drop in annual profit to £423.7 million.\nIt hiked its dividend by 5% to mark 30 consecutive years of growth but shares retreated 5% or 285p to 5620p, a decline that erased the strong gains of the past month.\nThe FTSE 250 index lifted 8.80 points to 20,569.14, with Hochschild Mining up 2p to 159.8p after achieving the first commercial production at its Mara Rosa gold mine in Brazil.\nAmong the minnows, Angling Direct jumped 2.3p to 37p as the fishing tackle retailer reported a resilient start to the financial year alongside a surge in annual profit to £1.5 million.\nTuesday 14 May 2024 09:53,Simon Hunt\nVodafone today said it was set to lose more than 4 million customers in Germany as the telecoms giant prepared for a 400 million euro knock from regulatory change in its biggest market.\nThe Paddington-based business said it anticipated it would only retain about half of its 8.5 million TV customers based in multi-dwelling units following new laws on those contracts which come into effect in July. The customers are currently worth around 800 million euros annually to the business.\nVodafone CEO Margherita Della Valle said the regulatory changes had been long-anticipated and the business was prepared to adapt.\n“This year is going to be a year of transition because of this,” she told the Standard, adding that the German business, which accounts for around two-fifths of the group’s revenue, would be in growth excluding the TV contract losses.\n“We have a team in Germany focused on driving growth in other segments.”\nRead more here\nTuesday 14 May 2024 08:59,Simon Hunt\nOne hour into the day’s trading session in London, the FTSE is flat while Bitcoin is down almost 2% on yesterday.\nHere’s a look at your key market data.\nTuesday 14 May 2024 08:57,Graeme Evans\nVodafone is the best performer in the FTSE 100 index, with London’s former biggest company up 3% or 2p at 72p for its highest level since December.\nChief executive Margherita Della Valle said the group performed slightly ahead of expectations in the financial year, including service revenue growth of 6.3%.\nBT Group shares rose 1.3p to 110.25p ahead of its own results on Thursday, with HSBC, Centrica and BP among the other blue-chip risers.\nOn the fallers board, Flutter Entertainment dropped 3% after its first quarter update and Dublin-based conglomerate DCC retreated after annual results. The latter hiked its dividend by 5%, marking 30 consecutive years of growth.\nThe FTSE 100 index and FTSE 250 are both close to their opening marks at 8415 and 20,561 respectively.\nTuesday 14 May 2024 07:57,Michael Hunter\nMarston’s reported a rebound in sales across its 1,400-strong pub chain today, as operating profit rose, helped by its “predominantly freehold pub estate”.\nOperating profit from the pub chain was up to £52.7 million from £43.1 million in the half-year to March 30. It said there was “good momentum across food and drink sales” with like-for-like sales up over 7%, “outperforming the broader market”.\nUnderlying margins up to 12.3% from 10.6% at the operator of over 1,000 pubs..\nJustin Platt, CEO called the outlook for the second half “encouraging”, adding: “With a number of \'must not miss\' major sporting events, our massively upgraded pub gardens and much-loved food menus, we expect our pubs to be very popular this summer."\nTuesday 14 May 2024 07:47,Graeme Evans\nCapital Economics said today’s wage growth update is probably still a bit too strong for the Bank of England’s liking, adding that it may make policymakers a bit more uneasy about cutting interest rates in June.\nDespite the loosening in the labour market, the three-month year-on-year rate of average earnings stayed at 5.7% in March compared with the 5.5% forecast,\nThe consultancy added: “The Bank will be paying close attention to April’s pay settlement figures (due later this month) for further signs that wage growth will continue to moderate in the coming months.”\nToday’s 178,000 fall in employment in the three months to March was a bit smaller than many expected but the unemployment rate still rose in line with forecasts from 4.2% to 4.3%.\nTuesday 14 May 2024 07:27,Simon Hunt\nVodafone’s profits fell by 75% in the 12 months to the end of March amid a series of transactions as the telco giant adjusts its presence in Europe.\nThe firm, which in recent months has sold its Spain and Italy divisions and plans a merger with Three in the UK, said its operating profit decrease of 74.6% to €3.7 billion primarily reflects business disposals in the prior financial year, in particular the €8.6 billion gain on disposal of Vantage Towers.\nBut the firm said it had seen good organic service revenue growth of 6.3% and its business division – a key growth driver – achieved 5.4% revenue growth in the fourth quarter.\nCEO Margherita Della Valle said: “A year ago, I set out my plans to transform Vodafone, including the need to right-size Europe for growth. Since then, we have announced a series of transactions and we are now delivering growth in all of our markets across Europe and Africa.“Much more still needs to be done in the year ahead. We will step-up investment in our customer experience, improve our underlying performance in Germany and accelerate our momentum in Business, whilst also continuing to simplify our operations throughout the group. We are fundamentally transforming Vodafone for growth.”\nTuesday 14 May 2024 07:24,Graeme Evans\nThe UK unemployment rate continues to edge up after the Office for National Statistics today reported a level of 4.3% for January to March.\nThe economic inactivity rate for people aged 16 to 64 years was estimated at 22.1%, representing an increase in the latest quarter.\nAnnual growth in employees\' average regular earnings was 6%, or 5.7% when including bonuses. Both figures were higher than City estimates.\nTuesday 14 May 2024 07:21,Simon English\nFlutter, the owner of Paddy Power, fell to a loss of $177 million in the fourth quarter after accounting related hits of $356 million.\nIt said the US arm remains strong despite “unfavourable sports results in the second half of March”.\nRevenue in the three months to March were up 16% to $3.4 billion for the New York listed business.\nChief executive Peter Jackson said: “We have had an excellent start to the year. In the US, FanDuel\'s top line momentum is translating into strong growth… in US and market share gains. We are focused on continuing to expand our player base, market share, and embedding future profits within our business through disciplined investment. Outside of the US, our focus on delivering the best products for our players is driving good momentum in key markets such as the UK.”\nFlutter moved its main stock listing to the US this month, in what was seen as a blow to London.\nJackson added: “We believe a US primary listing is the natural home for the Group and we look forward to this becoming effective on May 31. With a greater proportion of the Group\'s future profits expected to be generated in the US, we have moved our operational headquarters to New York reflecting the importance of the US sports betting and iGaming market to our business."\nTuesday 14 May 2024 07:15,Graeme Evans\nThe cautious mood is set to continue after Wall Street markets closed barely changed and futures pointed to a lower start for the FTSE 100 index.\nLondon’s top flight fell 0.2% yesterday and is forecast by IG Index to lose another 12 points towards 8400, having set a series of record highs last week.\nThe prospect of tomorrow’s US inflation reading and today’s producer price data meant US investors stayed on the sidelines to leave the S&P 500 index barely changed.\nOne of the biggest moves was by Walgreens Boots Alliance, which rose 5% after Bloomberg reported the company is looking for buyers for its UK pharmacy and beauty chain.\nOn commodity markets, Brent Crude is slightly higher at $83.50 a barrel while copper continues to move higher after yesterday’s latest two-year record.\nTuesday 14 May 2024 06:47,Simon Hunt\nGood morning from the Standard City desk.\nThe FTSE 100 stepped back from its recent record-breaking spell on Monday, finishing in the red following a broadly cautious trading session.\nThe index opened slightly higher but dipped as traders saw an opportunity to sell stocks and take profit after hitting a fresh all-time high at the end of last week.\nLondon’s top index finished 18.77 points, or 0.22%, lower to end the day at 8,446.46.\nElsewhere in Europe, the picture was broadly similar across the other major indexes, with weaker commodity prices and below-par Chinese economic data from the weekend acting as drags.\nThe German Dax index was down 0.18% at the close and the Cac 40 in France ended down 0.12%.\nIn the US, the main markets were higher on the opening bell as analysts look ahead to Wednesday’s key consumer price index inflation data, amid hopes it will provide more clarity over the US interest rate outlook.\nHere’s a summary of our top headlines from yesterday:\n• London office construction roars backwith 2.5m sq ft started in first quarter, more than 50% above the 10 year average, as confidence floods back. Comes after UK construction starts fell to 22 year low in 2023\n• Ad agency Mission Group rejects £322 million bidfrom Brave Bison, a rival backed by Lord Ashcroft\n• Asda enters London property marketwith plans for huge mixed-use development\n• Heathrow April numbers grow 5%\n• Open AI launches new version of ChatGPT\n• Pizza Pilgrims eyes expansionto Scotland and Wales amid strong growth', "• Net Income:$422 million, up $120 million quarter-over-quarter and an increase of $287 million compared to the same quarter last year.\n• Counterparty Trading Revenue:$66 million in Q1, a 79% increase quarter-over-quarter.\n• Counterparty Trading Volumes:Increased 78% quarter-over-quarter.\n• Average Loan Book Size:Grew to $664 million, up 5% quarter-over-quarter.\n• Assets Under Management (AUM):$7.8 billion, a 50% increase quarter-over-quarter.\n• Mining Revenue:$31.5 million, a 69% increase quarter-over-quarter and over 200% compared to the same quarter prior year.\n• Direct Mining Profit Margin:52%.\n• Equity Capital:$2.2 billion as of March 31, up $400 million quarter-over-quarter.\n• Total Liquid Assets:$1.5 billion at the end of the quarter, up from $910 million at the end of 2023.\n• Warning! GuruFocus has detected 3 Warning Signs with BRPHF.\nRelease Date: May 14, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Galaxy Digital Holdings Ltd (BRPHF) reported a significant increase in net income to $422 million, up $120 million quarter-over-quarter and $287 million year-over-year.\n• The company successfully completed a strategic equity capital raise of USD 125 million to capitalize on growth opportunities and digital asset adoption.\n• Assets under management grew by 50% quarter-over-quarter to $7.8 billion, driven by new mandates and inflows into global range of ETFs.\n• Record revenue of $31.5 million in the digital infrastructure solutions business, representing a 69% increase quarter-over-quarter.\n• Expansion of global market operations, including derivatives trading which saw a 25% increase in notional derivatives volumes after exceeding the $8 billion threshold.\n• The new regulatory requirements for over-the-counter derivatives trading in the US will drive additional operating expenses and capital requirements.\n• The decrease in assets under management from a record $10.1 billion in February to $7.8 billion in March due to dispositions of locked assets in the FTX bankruptcy process.\n• Potential volatility in earnings due to the correlation with Bitcoin price fluctuations and market conditions.\n• Challenges in the political and regulatory environment, particularly with the upcoming election cycle that could impact the crypto market and business operations.\n• The need for significant investment in infrastructure and operational capabilities to support regulatory compliance and international expansion.\nQ: Chris, I believe you mentioned that platform derivative volume in Q1 was greater than all '23? And are you seeing a greater percentage of this volume and kind of your revenue being driven by more traditional institutional market participants and market makers as counterparties post the ETF approvals? And is kind of where you're seeing growth or expect to see more growth with your additional regulatory approvals?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: Yes, early on, it's a mix of existing market participants using more capital-efficient ways to hedge positions and new institutions using derivatives. We held back our derivatives business to prepare for regulatory compliance for swap dealer registration. Post-registration, the business expanded quickly by 25%. This setup is to accommodate traditional financial institutions entering the space, which is still in very early stages.\nQ: Can you talk a little about the political and regulatory environment heading into the election cycle and your thoughts on the best outcome for crypto markets and your businesses?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: The political landscape for crypto has become more partisan, which is unfortunate. The recent opposition from some Democrats, notably Elizabeth Warren, has politicized the issue. However, the Republican stance, particularly from Trump, appears more crypto-friendly. This partisan divide needs bipartisan support for stability in the crypto regulatory environment.\nQ: Can you discuss the costs in infrastructure, particularly the $40 million, where it is going, and how much of it is unrelated to power?A: The increase in costs is primarily driven by mining, including higher electrical costs, greater depreciation due to more machines online, and the reversal of impairments on mining machines from the previous year when Bitcoin prices increased.\nQ: Given that the price of digital assets has stabilized, how do you see this affecting your business in Q2, especially with volumes going down both institutionally and retail?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: Our business is still correlated with pricing volatility. During consolidation periods, overall crypto trading volumes decrease, affecting our activity. However, we're offsetting macro decreases with micro gains in market share by onboarding new clients.\nQ: Regarding your recent capital raise, how are you prioritizing investment across your three business units?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: Capital is being allocated primarily to the trading side of our global markets business and our mining business. We're investing in regulatory compliance and tech for trading and in infrastructure for mining, particularly at the Helios assets, to support growth and increase data center capacity.\nQ: Could you talk about the likelihood of the US passing a stable coin bill this year and the potential impact of the political landscape on this?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: The chance of passing a stable coin bill this year is very low, around 15%. The political landscape is challenging, with significant divides and a focus on other priorities by the majority of Congress.\nQ: Can you provide an update on your venture side, particularly regarding raising external capital and the types of LPs involved?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: We're targeting $150 million to $200 million for our venture funds, focusing on not raising too much capital prematurely. LPs include both existing investors in our other funds and new investors. We're cautious about fund sizing to ensure we can generate significant returns for our LPs.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", "• Revenue:Q1 2024 mining revenues of $7.5 million, up from $4.8 million in Q1 2023.\n• Net Loss:Q1 2024 net loss of $11.7 million, compared to a net loss of $6.9 million in Q1 2023.\n• Adjusted EBITDA:$1.9 million for Q1 2024, down from $4.2 million in Q1 2023.\n• Net Loss Per Share:$0.36 in Q1 2024, based on weighted average shares of approximately 32.4 million.\n• Bitcoin Mined:Approximately 142 Bitcoin in Q1 2024.\n• Breakeven Cost:Approximately $34,000 per Bitcoin in Q1 2024, up from $23,800 in Q4 2023.\n• Cash and Cash Equivalents:$1.7 million as of March 31, 2024.\n• Bitcoin Holdings:Valued at $4.2 million as of March 31, 2024.\n• Share Buyback Program:Authorization to repurchase up to $5 million of common stock.\n• Warning! GuruFocus has detected 5 Warning Signs with GRYP.\nRelease Date: May 14, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) successfully completed their miner upgrade program ahead of schedule, enhancing operational efficiency.\n• The deployment of new Bitmain S21 miners is expected to increase the company's hashing power by 23 petahashes per second, improving fleet efficiency to 28.5 Joules per terahash.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) has a strong focus on maintaining a low-cost structure, with a Q1 breakeven cost for Bitcoin at approximately $34,000, which positions the company to handle market volatility effectively.\n• The company is actively pursuing growth through mergers and acquisitions, targeting carbon-neutral miners in safe jurisdictions to enhance their market presence.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) has authorized a share buyback program, demonstrating confidence in the company's strategy and commitment to enhancing shareholder value.\n• The increase in breakeven costs from $23,800 in Q4 2023 to $34,000 in Q1 2024 reflects rising operational challenges such as higher electrical rates and mining difficulty.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) reported a net loss of $11.7 million in Q1 2024, which included significant non-cash expenses and adjustments.\n• The company's debt, denominated in Bitcoin, poses risks associated with Bitcoin price volatility, affecting the balance sheet valuation.\n• Despite ongoing efforts, Gryphon Digital Mining Inc (NASDAQ:GRYP) has not yet secured any binding letters of intent (LOIs) with potential merger and acquisition targets.\n• The company faces intense competition in the Bitcoin mining industry, particularly post-halving, which has squeezed profitability and heightened the need for strategic operational adjustments.\nQ: Can you talk to your strategy utilizing both the ATM and the buyback? What's your strategy behind when either would be appropriate?A: Robby Chang, CEO of Gryphon Digital Mining, explained that both the ATM (At-the-Market) offering and the buyback are tools for effective capital management. The company uses the buyback when the share price is perceived as unreasonably low, which they believe is the best use of their cash at that time. Conversely, the ATM is used to raise capital when conditions are favorable and opportunities arise, ensuring that any equity issued is highly accretive.\nQ: Can you discuss the investigation around the PPP loan related to the previous business before the RTO?A: Simeon Salzman, CFO of Gryphon Digital Mining, mentioned that they received an inquiry about how the PPP was classified and are currently gathering information to support their classification. The situation is still preliminary, and they are addressing it as required.\nQ: What are you seeing in terms of opportunities for M&A, especially with companies in distress?A: Robby Chang noted that post-halving, several companies have begun exploring M&A opportunities due to reduced profitability. Gryphon is actively looking at these opportunities, focusing on acquiring companies in less than ideal scenarios to enhance their growth and market position.\nQ: Could you walk us through your organic growth opportunities and what kind of exahash could you reach organically by next year?A: Robby Chang stated that Gryphon's growth strategy is heavily reliant on M&A activities, which will enable more accretive and economically favorable growth. The company aims for an aggressive expansion to 10 exahash, although this target is ambitious and dependent on successful acquisitions and capital raises.\nQ: Why did you decide to buy back stock versus investing in more machines?A: Robby Chang emphasized that having a buyback program is part of maintaining a balanced capital management strategy. The decision to buy back shares would be based on the stock being undervalued, providing an opportunity to enhance shareholder value effectively.\nQ: What sort of operating flexibility do you have with your host partner in view of hash price changes?A: Robby Chang explained that Gryphon has significant flexibility to adjust its operations based on hash price fluctuations. They maintain regular discussions with their hosting partner to optimize operations, whether that means scaling up or throttling down as necessary.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", '• The DeFi protocol said it had identified the attacker.\n• The stolen funds have been frozen by major exchanges.\nBitcoin DeFi application ALEX Lab was drained of over $4.3 million in various tokens early Wednesday after a suspected private key compromise attacked its bridging service.\nSecurity researchersCertiK saidthe attackers likely caught hold of a private key that controlled ALEX’s XLink bridge, a service that lets users transfer tokens between different blockchains. The hacker transferred over $300,000 worth of bitcoin {{BTC}}, $3.3 million worth of stablecoins and $75,000 worth of Sugar Kingdom (SKO) tokens.\nALEX developers confirmed thehack in an X postin early European hours, claiming they knew the identity of the attacker. The team offered them a 10% bounty for the return of 90% of the stolen funds.\n“ALEX Lab Foundation has identified the individual responsible for the recent security breach and is offering a resolution through a bounty arrangement,” the developers said. “ALEX assures that upon compliance, there will be no further pursuit or law enforcement involvement. This offer stands until May 18 at 0800 UTC.”\nFunds associated with the hacker have been frozen by major exchanges to prevent further misuse, the team said.\nPrivate key compromises are among hackers’ most common attack vectors.Some of the biggest crypto hacks, such as Ronin’s $650 million drain in 2022 and Harmony’s $100 million hack in the same year, were the result of poor private key security.', '• The DeFi protocol said it had identified the attacker.\n• The stolen funds have been frozen by major exchanges.\nBitcoin DeFi application ALEX Lab was drained of over $4.3 million in various tokens early Wednesday after a suspected private key compromise attacked its bridging service.\nSecurity researchersCertiK saidthe attackers likely caught hold of a private key that controlled ALEX’s XLink bridge, a service that lets users transfer tokens between different blockchains. The hacker transferred over $300,000 worth of bitcoin {{BTC}}, $3.3 million worth of stablecoins and $75,000 worth of Sugar Kingdom (SKO) tokens.\nALEX developers confirmed thehack in an X postin early European hours, claiming they knew the identity of the attacker. The team offered them a 10% bounty for the return of 90% of the stolen funds.\n“ALEX Lab Foundation has identified the individual responsible for the recent security breach and is offering a resolution through a bounty arrangement,” the developers said. “ALEX assures that upon compliance, there will be no further pursuit or law enforcement involvement. This offer stands until May 18 at 0800 UTC.”\nFunds associated with the hacker have been frozen by major exchanges to prevent further misuse, the team said.\nPrivate key compromises are among hackers’ most common attack vectors.Some of the biggest crypto hacks, such as Ronin’s $650 million drain in 2022 and Harmony’s $100 million hack in the same year, were the result of poor private key security.', 'Bitcoin\'s price could remain stuck between $55,000 and $75,000 for the next few months, according to Mike Novogratz, CEO of crypto investment firm Galaxy Digital.\nNovogratz said on Galaxy\'s Q1 earnings call that he sees Bitcoinconsolidatingin that range until either the upcoming US presidential election provides clarity on crypto regulations, or the Federal Reserve starts cutting interest rates due to an economic slowdown.\n"We are in the consolidation phase in crypto," Novogratzstated. "Bitcoin, Ethereum and everything else will consolidate, what does that mean? It means probably somewhere between $55,000 and $75,000 until the next set of circumstances, the next set of market events bring us higher."\nBitcoin has been trading in that $55K to $75K range since late February after previously spiking to a new all-time high above $73,000 in March following the launch of spot Bitcoin ETFs and the latest bitcoin halving event.\nWhile some expected the milestone spot Bitcoin ETF launches to keep driving huge institutional inflows, that hasn\'t really materialized yet according to Novogratz. However, he said the slow process of wealth managers offering crypto products to clients is still steadily driving broader adoption in traditional finance.\nLooking ahead, Novogratz believes the US presidential election could be pivotal for crypto\'s regulatory future depending on whether the Democrats maintain an anti-crypto stance or not. The Biden administration recently signaled it would veto overturning a rule that makes crypto firms record customer holdings as liabilities.\n"It just read to the crypto community as the Democrats saying no to crypto," Novogratz remarked, contrasting with comments from Donald Trump implying he\'d be more crypto-friendly if re-elected.\nSeparately, a rate-cutting cycle from the Fed in response to economic weakness could also boost crypto prices according to the Galaxy CEO.', 'Bitcoin\'s price could remain stuck between $55,000 and $75,000 for the next few months, according to Mike Novogratz, CEO of crypto investment firm Galaxy Digital.\nNovogratz said on Galaxy\'s Q1 earnings call that he sees Bitcoinconsolidatingin that range until either the upcoming US presidential election provides clarity on crypto regulations, or the Federal Reserve starts cutting interest rates due to an economic slowdown.\n"We are in the consolidation phase in crypto," Novogratzstated. "Bitcoin, Ethereum and everything else will consolidate, what does that mean? It means probably somewhere between $55,000 and $75,000 until the next set of circumstances, the next set of market events bring us higher."\nBitcoin has been trading in that $55K to $75K range since late February after previously spiking to a new all-time high above $73,000 in March following the launch of spot Bitcoin ETFs and the latest bitcoin halving event.\nWhile some expected the milestone spot Bitcoin ETF launches to keep driving huge institutional inflows, that hasn\'t really materialized yet according to Novogratz. However, he said the slow process of wealth managers offering crypto products to clients is still steadily driving broader adoption in traditional finance.\nLooking ahead, Novogratz believes the US presidential election could be pivotal for crypto\'s regulatory future depending on whether the Democrats maintain an anti-crypto stance or not. The Biden administration recently signaled it would veto overturning a rule that makes crypto firms record customer holdings as liabilities.\n"It just read to the crypto community as the Democrats saying no to crypto," Novogratz remarked, contrasting with comments from Donald Trump implying he\'d be more crypto-friendly if re-elected.\nSeparately, a rate-cutting cycle from the Fed in response to economic weakness could also boost crypto prices according to the Galaxy CEO.', 'Ask Joe Normie which cryptos to buy if he took a bet on the crypto world. He might mention the ones everyone has heard of already. You know the ones…Bitcoin(BTC-USD), maybeEthereum(ETH-USD)… if he was really “clued in.” But these mainstream coins are already very high in price. Yes theycoulddouble, but it’s also a long way down if they collapsed just as you bought in!\nThe fact is that Bitcoin will have a hard time doubling or tripling its all-time high prices. It has already risen 10,000x its price from when it was just $6. So speculators looking for the “next Bitcoin” would do well to look at new cryptos that are at a similarly low level. Fortunately, there are superb crypto projects at low prices that offer plenty of upside.\nBy “superb,” I mean projects with ever-increasing financial backing and reassuring acceptance from mainstream institutions. And frankly, the technology involved is more advanced than that underling Bitcoin, making them excellent cryptos to buy for speculators. Remember that Bitcoin is not the best crypto, it was only the first.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Shutterstock\nDogwifhat(WIF-USD) came from under the radar of more well-known dog-themed meme coins likeDogecoin(DOGE-USD) andShiba Inu(SHIB-USD). Its first big surge came in March 2024 whenBinanceannounced it was to list the token.\nBeing newly listed by a major exchange like Binance gives good potential gains for those who buy the token early. That’s because a crypto is given more legitimacy in the eyes of the mainstream masses. Binance’s announcement wasn’t the only move into the mainstream for WIF. WIF wasfeatured on The Sphere in Las Vegas, raising over $700,000. These recent developments gave WIF a pump of 1,247% in little over a month.\nSince that initial pump, WIF has been consolidating into a bullish-looking pennant pattern. The price action is squeezing tightly into the end of that pennant. A break upwards looks likely if the technicals play out normally.\nIf WIF breaks out as expected, a run to $4.58 is where the main resistance lies. Th Last 60 Days of Bitcoin's Closing Prices: [65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-15 Financial & Commodity Data: - Gold Closing Price: $2388.70 - Crude Oil Closing Price: $78.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,256,753,373,862 - Hash Rate: 582799128.9561441 - Transaction Count: 493012.0 - Unique Addresses: 516619.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. Justin Wales is the head of legal for the Americas atCrypto.com. He is the author of "The Crypto Legal Handbook: A Guide to the Laws of Crypto, Web3, and the Decentralized World" (available atwww.thecryptolegalhandbook.com). The question seems almost rhetorical: Should lawyers deeply engaged in the cryptocurrency or digital asset industry understand the technologies they are paid to represent before regulators and courts? Surprisingly, many legal professionals, including those actively tasked with navigating existential threats to the cryptocurrency industry or their crypto-wielding clients, treat cryptocurrency more as a novel curiosity than a transformative technology that requires intricate understanding and thoughtful consideration. I've listened to presentations by highly sought-after attorneys with large “crypto practices” who charge thousands of dollars for an hour of their time and joke that they are "not a crypto person" when pressed on a question about the uses of the technology during formal proceedings. They treat the practicalities of using digital assets as an irrelevant afterthought that only complicates their other arguments. This detachment between the industry and its advocates is not merely unhelpful – —it's harmful. The industry tasks its lawyers with representing its interests before courts and regulators, who often need to consider the complex interplay of crypto applications and existing regulations for the first time. If these advocates are unwilling to engage seriously with what the industry is building, how can they effectively persuade a court or regulator that their legal interpretation aligns with the realities of the technology or convey the philosophical foundations upon which the broader cryptocurrency space is built? Top law firms charge thousands of dollars per hour for their services, yet too often, the senior-most partners on a case treat engaging deeply with their client’s crypto business as beneath them. This attitude forces clients to rely on the hope that some crypto-native associate will step in to prevent egregious errors or inefficiencies caused by the lack of interest from those at the top. This dynamic is inefficient and can be financially and strategically costly for those navigating the complicated regulatory challenges inherent to most projects in the space. Fortunately, as crypto-native associates become more senior, the dynamics within law firms are beginning to change. Truly adept "crypto lawyers" have emerged at many prestigious law firms, and there are lawyers at specialized boutiques who certainly know their stuff, but this phenomenon remains surprisingly rare. This shift is crucial, as lawyers who understand and can innovate within the framework of cryptocurrency law are critical for the industry's future. A cynical response might equate demanding that a lawyer representing a crypto company have meaningful experience using cryptocurrencies to a tobacco company requiring that their lawyer smoke. But such glib comparisons reveal a misunderstanding of what cryptocurrency represents – —a potential paradigm shift in how we structure society and handle value, privacy, and trust that relies on first-of-its-kind technologies to further goals that were, until recently, confined to science fiction. Lawyers are free to spend their time as they see fit, but those who believe they can coast on a superficial understanding of Bitcoin that hasn’t been expanded since 2017 and an attitude that "everything old is new again" will find their pool of clients diminishing as the industry progresses and demands more from them. I’m not suggesting that a lawyer needs a computer science degree to be a successful advocate or that they must be a “degen” with their personal finances, but they should put in enough time learning about the industry and interacting with the different projects and protocols that make up the space so that they can speak authoritatively on what their clients do, how they do it, and why it matters. Passion is a valuable asset for any professional, particularly in an industry that evolves as rapidly as cryptocurrency does. Lawyers wishing to stay up-to-speed with the continuous legal and technological changes that are characteristic of the cryptocurrency space must engage in continuous self-study – —a task that is incredibly difficult without a genuine interest in the subject matter. This isn't just about maintaining relevance; it's about providing the best possible representation for clients who rely on their attorneys to understand not just the law but the essence of the technology they are dealing with to ensure their advocacy considers a comprehensive understanding of the facts, rules, and circumstances at play. See also:Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing I get asked all the time by young lawyers or law students what they can do to start a career in crypto law. My advice is always to start using crypto and to see if they believe that technologies that permit people to interact without intermediaries are important and should be protected. If so, start reading about the industry’s history, and if you are still convinced this is a good thing for the world, develop expertise in the various areas of law and financial regulations that impact the field. On the other side, I get asked by non-lawyer entrepreneurs or developers what they can do to ensure their relationship with their lawyers is successful. My answer is to make sure your lawyer understands what you’re trying to build and why and to learn enough about the rules regulating your business so that you can have critical conversations with your legal team about their understanding of the law and their strategy. During conversations with young lawyers or entrepreneurs, I would be asked where they should start developing these informational skills, but I didn’t have a great answer. I put together a resource called“The Crypto Legal Handbook”to address this gap and serve as a primer on cryptocurrency's technological and historical aspects, as well as a comprehensive overview of the various laws that govern the field. The text is designed to, on the one hand, spur lawyers to engage with the crypto world actively, enhancing their ability to serve as true advocates for technological advancement and, on the other hand, to provide entrepreneurs with the tools they need to understand the state of crypto regulations. I believe that most of us working in the crypto industry understand that it is more than just a niche asset class within the financial sector. The proliferation of technologies that allow for a variety of peer-to-peer financial and non-financial communications is a pioneering movement capable of reshaping our understanding of money, privacy, and governance that could substantially impact how we govern our economy and society at large. Isn’t it time we started demanding all these so-called “crypto lawyers” be able to effectively articulate this vision for the future?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['(Updates prices)\nBy Tom Westbrook\nSINGAPORE, May 16 (Reuters) - The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world\'s biggest economy and drawing bets that the U.S. currency may have peaked, for now.\nIn Asia the battered yen extended a rebound into a second session, rallying to its strongest in two weeks at 153.6 to the dollar as the gap between U.S. and Japanese yields narrowed.\nThe Australian dollar, which had surged 1% on Wednesday, hit a four-month high at $0.6714 but then paused after an unexpected rise in Australian unemployment. It was last at $0.6687.\nThe euro edged up to a two-month high at $1.0895. The New Zealand dollar also hit a two-month high at $0.6140. Sterling made a one-month high at $1.27.\nCore U.S. inflation slowed to an annualised 3.6% in April, Wednesday\'s data showed, in line with market expectations. That is well above the Federal Reserve\'s 2% goal, but since it eased from 3.8% a month earlier investors saw it as opening the way for a rate cut as soon as September or perhaps even earlier, as the U.S. presidential election looms in November.\n"If we start to see a significant drop (in inflation) then I think last night was maybe the first step," said Bart Wakabayashi, Tokyo branch manager at State Street.\nSofter-than-expected U.S. retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the impression the economy was slowing.\nThe data drove a rally in Treasuries and, combined with selling in Japanese bonds, the gap between U.S. and Japanese 10-year yields has narrowed 20 basis points this week - on track for the largest weekly move of the year so far.\nThe Japanese economy however, contracted more than expected in the first quarter, complicating the challenge for policymakers as they look to raise rates from near-zero levels.\nForeign exchange markets may now face a holding pattern until central bankers give a clearer indication of how they intend to respond to the economic data.\n"160 (yen) probably was the top for the dollar for the time being, if not for the rest of the year," said Naka Matsuzawa, chief macro strategist at Nomura in Tokyo.\nBut for it to go down below 150 he said markets would need to see a clearer signal from the Fed of actual rate cuts starting.\nThe U.S. dollar index made its heaviest one-day percentage drop for the year so far on Wednesday, falling 0.75% and through its 200-day moving average. It was at a five-week low of 104.17 in early Asia trade on Tuesday.\nChina\'s yuan rallied slightly to 7.2070 per dollar. Bitcoin regained a footing above its 100-day moving average and touched a three-week high of $66,695.\n(Reporting by Tom Westbrook; Editing by Shri Navaratnam and Christopher Cushing)', '• US stocks soared on Wednesday, with the S&P 500 notching an all-time high.\n• The benchmark index surpassed 5,300 for the first time after April inflation came in cooler than expected.\n• Consumer prices rose 3.4% last month, slightly lower that the 3.5% increase in March.\nUS stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers.\nAll three benchmark indexes rose, while bond yields ticked lower. The Dow Jones Industrial Average surged 350 points while the 10-year Treasury fell 10 basis points to 4.344%.\nThe benchmark S&P 500 rose past 5,300 for the first time ever as investors grow optimistic that the Federal Reserve is still on track to cut interest rates this year after April inflation numbers were softer than the prior month.\nConsumer prices rose 3.4% year-over-year in April, according to data from the Labor Department, lower than the 3.5% increase in March. On a monthly basis, inflation rose 0.3% in April, less than 0.4% in March.\nMarkets are anticipating one to three rate cuts by the end of 2024, while odds that the Fed won\'t cut rates this year at all have been slashed in half, according to theCME FedWatch tool.\n"Today\'s inflation news keeps multiple rate cuts on the table for the second half 2024," Preston Caldwell, the chief US economist at Morningstar said in a note on Wednesday. "Our base case is two cuts in 2024 (September and December) but three or four is not implausible with continued inflation progress in conjunction with weakening economic activity."\nRetail sales also came in softer than expected for the month of April, another sign the economy is cooling. Slower economic activity helps lower inflation, though it could also indicate a slowdown in economic growth.\n"The \'soft landing\' narrative is still a possibility but not a guarantee," Jeffrey Roach, the chief economist of LPL Financial said in a note. "Markets will be looking for more confirmation and the weak retail sales report did not help."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,308.15, up 1.17%\n• Dow Jones Industrial Average: 39,908.00, up 0.88% (+349.89 points)\n• Nasdaq composite: 16,742.39, up 1.40%\nHere\'s what else is going on today:\n• These are the top 10 holdings of the Mormon Church\'s $55 billion stock portfolio.\n• The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highsthis summer.\n• Nvidia\'s rally is bound to run out of steam, as the chip giant\'s customers are turning into competitors, one analyst warns.\n• Jamie Dimon says China\'s relationship with Russiawill make it difficult for the US to fully engage with it.\n• Biden\'s new tariffs shows he\'s willing to play hardballas China ramps up its exports, according to Nobel economist Paul Krugman.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.99% to $78.79 a barrel.Brent crude, the international benchmark, ticked higher 0.13% to $82.86 a barrel.\n• Goldclimbed 1.21% to $2,3876.77 per ounce.\n• The 10-year Treasury yield dropped 10 basis points to 4.344%.\n• Bitcoinsurged 6.82% to $65,667.\nRead the original article onBusiness Insider', 'By Saqib Iqbal Ahmed\nNEW YORK, May 16 (Reuters) - U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants\' appetite for risk.\nCall it the Goldilocks trade - a bet that the Federal Reserve will be able to tame inflation while keeping growth from declining too rapidly. While that outcome was in doubt as recently as last month, investors have been reassured by a more recent spate of economic data - including Wednesday’s report showing U.S. consumer prices slowed more than expected in April.\nInvestors\' newfound renewed penchant for risk-taking can be seen across asset classes. The S&P 500 hit a new record high on Wednesday and is up 11% year-to-date as it rebounds from last month\'s decline. The Nasdaq Composite Index and Dow Jones Industrial Average scaled fresh heights as well.\nAssets such as bitcoin and meme stocks, which are often seen as barometers of risk appetite though their ties to economic fundamentals are often questioned, have also soared.\nMeanwhile, participants’ growing confidence was reflected in a survey of fund managers by BofA Global Research: the firm’s broadest measure of investor sentiment, based on cash levels, equity allocations and economic growth expectations, stood at its most bullish since November 2021.\n"Investors\' appetite for risk assets appears to be on the rise," said Garrett DeSimone, head quant at OptionMetrics.\nHere\'s a chart-based look at how investors\' new found optimism is reverberating throughout markets:\nAfter worries over the Federal Reserve\'s ability to cut interest rates in the face of stubborn inflation prompted a 4.2% pullback for the S&P 500 index in April, investors now appear eager to ride stocks higher.\nMany are opting to do so with little attention to hedging their downside. The Cboe Volatility index, which measures demand for protection from market swings, closed at a four-month low on Wednesday. The lesser-known VVIX index, a gauge of how much investors expect the VIX to move, has also dipped and now stands near its lowest level in about a decade.\nWhile there are few takers for options hedges that would guard against a drop in the market, call contracts that would benefit from further stock market gains are in high demand.\nThe one month average daily trading in calls outnumber puts 1.2-to-1, the most bullish this measure has been in about a month, according to data from Options analytics firm Trade Alert.\nSome market participants have also pointed to the rally in meme stocks as a sign of investors’ robust risk appetite.\nShares of GameStop have soared 140% over the last week, after a string of posts on the X platform from an account linked to Keith Gill, the central figure behind the previous frenzy. Shares of other companies, including theater chain AMC and headphones maker Koss have followed suit. Like GameStop, many of the stocks are heavily shorted and their fundamentals have declined over the last few years.\nHopes that softening U.S. economic data may give the Fed the leeway to cut rates later this year has pressured the dollar in recent sessions. The greenback, a popular haven during uncertain times, has dipped 2% against a basket of its peers since hitting a 17-month high in mid-April.\nThat has helped boost some emerging market currencies, which are sometimes considered riskier than those tied to developed markets.\nThe Polish zloty is up 3.7% for the month while the South African rand and the Colombian peso have advanced 2.8% and 2.7%, respectively.\nBond market volatility expectations have also slipped in recent sessions. U.S. Treasury yields - which move inversely to bond prices - fell to more than five-week lows on Wednesday.\nBitcoin, often viewed as a key barometer of risk-taking sentiment, hit a 3-week high of $66,261 on Tuesday and is creeping closer to the record high of $73,803 touched in March.\n(Reporting by Saqib Iqbal Ahmed; Additional reporting by Lewis Krauskopf; Editing by Ira Iosebashvili and Shri Navaratnam)', '• BTC rose over 7.5% on Wednesday, capping its best performance since March 20.\n• Weak U.S. data strengthened the case of a Fed rate cut in September.\n• The BOE and ECB are likely to cut rates in June.\nBitcoin {{BTC}} posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data raised the probability that the Federal Reserve (Fed) will join its advanced nation peers in easing monetary policy with rate cuts over the summer months.\nAccording to data sources TradingView and CoinDesk, the leading cryptocurrency by market value rose over 7.5% to $66,250, the largest percentage rise since March 20. Like other risk assets, BTC is sensitive to expected changes in the monetary policy stance of major central banks and rallies when the cost of borrowing fiat money is forecast to decline.\nData released by the U.S. Labor Department Wednesday showed the consumer price index (CPI)increasedless than consensus estimates in April, signaling a renewed downward shift in the cost of living in the world’s largest economy. The headline CPI rose 0.3% last month after advancing 0.4% in March and February. The core CPI, which excludes food and energy prices, rose 0.3% in April after advancing 0.4% in March.\nOther data showed that headlineretail sales growth stalledin April, with the sales in the “control group” category, which feeds into the GDP calculation, declining 0.3% month-on-month.\nAs such, rate-cut expectations shifted significantly.Fed funds futures showtraders expect the Fed to deliver the first 25 basis point rate cut in September. (This year’s summeris set to starton June 20 and end on September 22). The Fed recently signaled that it will reduce the pace of quantitative tightening, also a liquidity tightening tool, from June.\nIt’s not just the Fed.Markets expectthe Bank of England (BOE) and the European Central Bank (ECB) to cut rates in June. TheSwiss National Bank(SNB) and Sweden’sRiksbankhave already reduced their benchmark borrowing costs.\nCentral banks worldwide are pivoting toward renewed monetary or liquidity easing, which is a positive sign for risk assets, including cryptocurrencies, as evident from the chart below from the data tracking website MacroMicro.\nThe percentage of global central banks whose last move was a rate hike is falling fast, while the percentage of banks with rate cuts as the last move is rising.\nIn other words, the net percentage of central bank cutting rates is rising.\n“The higher the proportion goes, the more central banks are cutting rates, which could help improve market liquidity. The lower the proportion, the less liquidity there is in the market,”MacroMicro saidin the explainer.\nProspects for liquidity easing over Summer should support equities, giving investors adequate confidence "to remain further out on the risk curve,"according tobroking firm Pepperstone.', '• BTC rose over 7.5% on Wednesday, capping its best performance since March 20.\n• Weak U.S. data strengthened the case of a Fed rate cut in September.\n• The BOE and ECB are likely to cut rates in June.\nBitcoin {{BTC}} posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data raised the probability that the Federal Reserve (Fed) will join its advanced nation peers in easing monetary policy with rate cuts over the summer months.\nAccording to data sources TradingView and CoinDesk, the leading cryptocurrency by market value rose over 7.5% to $66,250, the largest percentage rise since March 20. Like other risk assets, BTC is sensitive to expected changes in the monetary policy stance of major central banks and rallies when the cost of borrowing fiat money is forecast to decline.\nData released by the U.S. Labor Department Wednesday showed the consumer price index (CPI)increasedless than consensus estimates in April, signaling a renewed downward shift in the cost of living in the world’s largest economy. The headline CPI rose 0.3% last month after advancing 0.4% in March and February. The core CPI, which excludes food and energy prices, rose 0.3% in April after advancing 0.4% in March.\nOther data showed that headlineretail sales growth stalledin April, with the sales in the “control group” category, which feeds into the GDP calculation, declining 0.3% month-on-month.\nAs such, rate-cut expectations shifted significantly.Fed funds futures showtraders expect the Fed to deliver the first 25 basis point rate cut in September. (This year’s summeris set to starton June 20 and end on September 22). The Fed recently signaled that it will reduce the pace of quantitative tightening, also a liquidity tightening tool, from June.\nIt’s not just the Fed.Markets expectthe Bank of England (BOE) and the European Central Bank (ECB) to cut rates in June. TheSwiss National Bank(SNB) and Sweden’sRiksbankhave already reduced their benchmark borrowing costs.\nCentral banks worldwide are pivoting toward renewed monetary or liquidity easing, which is a positive sign for risk assets, including cryptocurrencies, as evident from the chart below from the data tracking website MacroMicro.\nThe percentage of global central banks whose last move was a rate hike is falling fast, while the percentage of banks with rate cuts as the last move is rising.\nIn other words, the net percentage of central bank cutting rates is rising.\n“The higher the proportion goes, the more central banks are cutting rates, which could help improve market liquidity. The lower the proportion, the less liquidity there is in the market,”MacroMicro saidin the explainer.\nProspects for liquidity easing over Summer should support equities, giving investors adequate confidence "to remain further out on the risk curve,"according tobroking firm Pepperstone.', "• Q1 Revenue:$17 million, up 33% from Q1 last year.\n• Operating Expenses (OpEx):Decreased by 16% from Q1 last year.\n• Net Loss Improvement:Improved by 53% year over year.\n• Adjusted EBITDA Loss:Improved by approximately 44% year over year.\n• Assets Under Custody:Grew to a record $1.1 billion by the end of Q1.\n• Notional Traded Volume:Increased by 324% from Q4 2023.\n• Workforce Reduction:Reduced by 28 employees, part of a plan to reduce headcount by 20% by end of 2024, expected to yield $13 million in annualized cash savings.\n• Total Q1 Revenue:$854.6 million.\n• Net Loss:$21.3 million for the quarter, resulting in a diluted loss of $1.86 per share.\n• Cash and Equivalents:Ended the quarter with $74.6 million in cash, cash equivalents, and available-for-sale securities.\n• Warning! GuruFocus has detected 3 Warning Signs with BKKT.\nRelease Date: May 15, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Revenue net of crypto services increased by 33% from Q1 last year, demonstrating strong growth.\n• Notional trading volume on the platform increased by 94% compared to the same period last year, indicating robust trading activity.\n• Operating expenses decreased by 16% versus Q1 last year due to effective cost restructuring initiatives.\n• Net loss improved by 53% year over year, and adjusted EBITDA loss decreased by approximately 44% year over year.\n• Assets under custody grew to a record $1.1 billion at the end of the first quarter, reflecting strong asset management performance.\n• Despite revenue growth, the company still reported a net loss, indicating ongoing challenges in achieving profitability.\n• A workforce reduction of 28 employees was implemented as part of cost restructuring, which could impact morale and operational efficiency.\n• The company's take rate decreased from 80 basis points in Q4 2023 to approximately 44 basis points in Q1 2024, reflecting lower profitability per transaction.\n• Crypto trading volumes are highly volatile, as evidenced by fluctuations in monthly trading volumes, which poses risks to stable revenue generation.\n• The company acknowledged a material weakness in internal controls related to the valuation of Class 1 and Class 2 warrants, raising concerns about financial governance.\nQ: As the United States embarks on a new era of Bitcoin and cryptocurrency advancements, how is Bakkt positioning itself at the forefront of this movement, particularly with the support of the Intercontinental Exchange and ultimately restoring confidence to shareholders?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt is focusing on expanding its client network, broadening its product offerings within the Bakkt ecosystem, primarily the anticipated institutional Bakkt X ECN offering, and enhancing cost management strategies. Having ICE's support and leveraging its infrastructure and market presence are crucial as Bakkt aims to lead in the evolving crypto landscape and deliver value to stakeholders.\nQ: Why did you pursue the reverse split so quickly after shareholder approval, when you had several months to regain good standing on the New York Stock Exchange?A: (Andy Main - CEO & President, Bakkt Holdings Inc) The goal was to promptly address compliance issues with the NYSE's minimum price requirements, stabilize the market perception of Bakkt's financial health, and open doors for institutional investors who may have minimum price requirements. This action is part of a broader strategy to secure the company's financial foundation and improve investor confidence.\nQ: Is your company exploring the possibility of collaborating with ICE to secure cryptocurrency custody business from the top four to five ETF providers? Additionally, what customer feedback do you undertake to successfully acquire businesses?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt aims to leverage ICE's infrastructure and market presence to develop robust customer solutions for institutional players. The focus is on enhancing technological capabilities, ensuring regulatory compliance, and building a product suite that meets the needs of large institutional clients. Strategic partnerships and product development are geared towards securing a significant market share in the institutional crypto markets.\nQ: Can you explain the increase in the estimate for the end of the year cash balance to 42 to 57 million euros? Is that mainly savings in OpEx and expense management or are there some non-OpEx factors involved?A: (Karen Alexander - CFO, Bakkt Holdings Inc) The increase is due to a combination of factors beyond operations, including adjustments for surety bond collaterals and cash related to the purchasing card facility. The expected cash balance reflects efficiencies from integrating regulated entities, reducing duplicate surety bond requirements, and an improved cash utilization rate towards the end of the year.\nQ: In an election year, how do you see the state of the union on the regulatory side, and how are you expecting things to evolve over the next 12 to 24 months? How is Bakkt positioning the business for a range of outcomes on the regulatory front?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt is focused on compliance with NYDFS and SEC regulations, anticipating that the U.S. government will continue to support current crypto regulations and facilitate market entry for new licensees. The company remains optimistic about government support for the crypto sector, which will help the industry develop and flourish.\nQ: What are the main drivers behind the projected end-of-year cash balance increase, and how does this relate to Bakkt's operational strategies?A: (Karen Alexander - CFO, Bakkt Holdings Inc) The increase in the projected cash balance is driven by a combination of operational efficiencies, strategic expense management, and one-time adjustments. Bakkt's focus on reducing operating expenses and optimizing cash flow management is central to achieving these financial targets.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", "Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours. This surge was in response to the release of the US Consumer Price Index (CPI) data, which has implications for potential interest rate cuts in 2024.\nAccordingto the US Bureau of Labor Statistics (BLS), the Consumer Price Index for April came in at 0.3%, which is lower than the expected rate of 0.4%. The March CPI print was 0.4%, which saw a lower rate of increase for the last twelve months ending April for the index, coming in at 3.4%. Rising shelter and gasoline costs were the main contributors, responsible for “over seventy percent of the monthly increase in the index for all items.”\nMarket participants immediately began discussing the possibility of interest rate cuts by the Federal Reserve. Currently, traders are betting on a June rate cut probability of just 3.1%. The market anticipates that the first possible rate cut would occur in September, with a 53% probability,accordingto the CME’s FedWatch tool.\nBut how do rate cuts affect crypto prices?\nAlso Read:Rate Hikes and the Fed – How Do They Affect Crypto Markets?\nPositive inflows into spot Bitcoin ETFs have also played a role in boosting investor sentiment. On May 15, U.S. spot Bitcoin ETFs recorded a net inflow of over $153 million, with Bitwise’s BITB leading the way,accordingto Farside Investors. Grayscale’s Bitcoin Trust (GBTC), which has typically experienced outflows, surprisingly saw an inflow of $27 million. This comes after weeks of net outflows from spot Bitcoin ETFs, coinciding with the decline in Bitcoin’s price from its all-time highs of $73,750, reached on March 14. Further institutional appetite for Bitcoin investment products continues to grow, as evidenced by the State of Wisconsin Investment Board's disclosure of holding approximately $164 million in spot Bitcoin ETFs.", "Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours. This surge was in response to the release of the US Consumer Price Index (CPI) data, which has implications for potential interest rate cuts in 2024.\nAccordingto the US Bureau of Labor Statistics (BLS), the Consumer Price Index for April came in at 0.3%, which is lower than the expected rate of 0.4%. The March CPI print was 0.4%, which saw a lower rate of increase for the last twelve months ending April for the index, coming in at 3.4%. Rising shelter and gasoline costs were the main contributors, responsible for “over seventy percent of the monthly increase in the index for all items.”\nMarket participants immediately began discussing the possibility of interest rate cuts by the Federal Reserve. Currently, traders are betting on a June rate cut probability of just 3.1%. The market anticipates that the first possible rate cut would occur in September, with a 53% probability,accordingto the CME’s FedWatch tool.\nBut how do rate cuts affect crypto prices?\nAlso Read:Rate Hikes and the Fed – How Do They Affect Crypto Markets?\nPositive inflows into spot Bitcoin ETFs have also played a role in boosting investor sentiment. On May 15, U.S. spot Bitcoin ETFs recorded a net inflow of over $153 million, with Bitwise’s BITB leading the way,accordingto Farside Investors. Grayscale’s Bitcoin Trust (GBTC), which has typically experienced outflows, surprisingly saw an inflow of $27 million. This comes after weeks of net outflows from spot Bitcoin ETFs, coinciding with the decline in Bitcoin’s price from its all-time highs of $73,750, reached on March 14. Further institutional appetite for Bitcoin investment products continues to grow, as evidenced by the State of Wisconsin Investment Board's disclosure of holding approximately $164 million in spot Bitcoin ETFs.", "On May 15, the cryptocurrency market experienced a surge in total capitalization by 5.5% following the release of inflation and retail sales data from the United States. However,Ethereum (ETH)failed to fully benefit from this upward momentum. Bitcoin's (BTC) price surged over 7.5% over the last 24 hours to reach $66,190, outperforming Ethereum, which only gained 5% over the past 24 hours, and struggled to surpass the $3,000 resistance level.\nThe rally in the crypto markets was largely driven by U.S. macroeconomic data, particularly the consumer price index (CPI) data, whichrevealeda 3.4% year-over-year rise in April, aligning with market expectations. However, the retail sales data for April indicated stability compared to the previous month, contrary to economists' forecasts of a 0.4% increase. This unexpected result increased the likelihood of the U.S. Federal Reserve (Fed) implementing measures to stimulate the economy.\nSome analysts believe that the pending decision by the U.S. Securities and Exchange Commission (SEC) on May 23 regarding VanEck's spot Ethereum ETF application is a key factor influencing Ethereum's struggle to surpass the $3,000 resistance level. Traders are hesitant to make investment decisions until the outcome of the SEC decision becomes more certain. A rejection from the SEC could result in a short-term market correction, despite Ethereum's promising long-term prospects.\nEric Balchunas, a senior ETF analyst at Bloomberg,expresseddoubts about the approval of a spot Ethereum ETF in 2024, given the SEC's cautious approach toward products that may be classified as securities, especially those involving native staking services.\nThis skepticism is also reflected in the Ether derivatives markets. Currently, the Ether futures premium (basis rate) stands at 9%, indicating a lack of enthusiasm regarding the spot ETF decision and suggesting a neutral sentiment among traders. In the options market, there is a balance in the demand for call (buy) and put (sell) options, indicating uncertainty about Ethereum's future price direction.", 'There’s much to learn about cryptocurrency. Many will already have an understanding of how it works, and that Bitcoin is the world’s first – and largest – digital token.\nBut a lesser-known feature of Bitcoin is its “halving events”. There have been four halving events so far, with the most recent in April 2024 – and they can have a significant effect on its price.\nHere, Telegraph Money explains what halving is, and how you could use the next event to your advantage:\n• Bitcoin halving explained\n• What impact does halving have on price?\n• Should I take any action?\n• The risks of investing in crypto\n• Buying Bitcoin\nBitcoin halving does not affect the amount of Bitcoin in circulation, and therefore will not affect any holdings.\nInstead, it affects the “mining rewards”, reducing the frequency of new coins into the system.\nBitcoin is stored and exchanged securely through an online digital ledger, known as blockchain.\nThe people (or organisations) who “mine” Bitcoin race to solve complex mathematical puzzles to add a new “block” (unit of transaction data) to the chain.\nAs an incentive to participate in this process, they are then usuallyrewarded with a certain amount of Bitcoin.\nRather than being determined by dates, a halving event automatically happens when the number of blocks that the network has processed reaches 210,000.\nThe first Bitcoin halving took place on Nov 28, 2012, and saw the block reward drop from 50 Bitcoins to 25 Bitcoins. The second halving took place on July 9, 2016, and saw the block reward being cut from 25 Bitcoins to 12.5 Bitcoins. The third halving took place on May 11, 2020, and brought the mining rewards down from 12.5 Bitcoins to 6.25 Bitcoins.\nThe latest took place on April 19, 2024 and brought the mining rewards down from 6.25 Bitcoins to 3.125 Bitcoins.\nThe reason for halving events is that Bitcoin is finite. There will only ever be 21 million Bitcoin in existence – this was written into the code when it was first created. The halvings will continue until all Bitcoins have been brought into existence through the block rewards, which means it could take until the year 2140 to complete the mining.\nEach event, however, presents challenges for the profitability of miners, who face decreasing rewards for their efforts.\nHalvings lead to increased attention and speculation on the crypto world and how they will affect market value.\nThe events reduces the incentive for ‘bitcoin miners’ to continue their activities, this can create a supply shortfall if demand stays steady or increases. This has typically led to an increase in the price of Bitcoin.\nIn the month before the most recent halving event in April 2024, the price of Bitcoin hit an all-time high, rising past $69,000 (£54,353) for the first time in its history and surpassing the previous record reached in November 2021.\nHowever, price rises were partly prompted by a move in America to allow US securities firmsto launch ETFs that invest in Bitcoin, bringing cryptocurrencies further into mainstream investing.\nSince the US regulator the Securities and Exchange Commission (SEC) authorised the first spot Bitcoin ETFs in January, several funds have been launched including ETFs from major brands such as BlackRock, Fidelity and Invesco.\nAfter the previous Bitcoin halving in May 2020, the cryptocurrency market went on a bull run, with the price of Bitcoin increasing fivefold in the next calendar year.\nThe limited number of Bitcoins that can enter circulation makes them a so-called “scarce asset”, which for some people is enough to make them valuable.\nSimon Peters, cryptocurrency market analyst at investment platform eToro said: “The cap on the number of Bitcoins is actually less than 21 million. This number is closer to 17 million because so many have been lost on hard drives and memory sticks where investors have mined their own Bitcoin or taken it into custody themselves, rather than holding it via a platform.\n“Scarce assets, such as crypto, property and gold, are attractive to investors because generally they increase in value. The halving events in crypto mean there are known price changes coming, with the peak increases coming around 12-18 months after such an event. The squeeze on supply has definitely had an impact, though there are many other factors to prices with crypto being a global asset.”\nCryptocurrency marketsare notoriously difficult to predictwith big price swings occurring, sometimes without much warning. Timing an investment is a full-time job and even then it’s impossible for a professional to know exactly where the market is going.\nAs a halving event approaches, existing investors could consider offloading some Bitcoin if they needed to raise cash for something or wanted to take profits.\nBut again, you need to factor in that cryptocurrency prices are extremely volatile and unpredictable so you can’t bank on prices rising as they have done in the past as external, wider economic factors count.\nDon’t forget that there are tax implications of selling off Bitcoin, which should be a consideration in terms of timing. Cryptocurrency is treated as a form of investment, and regulated in a similar way to stocks and shares.\nAs such, profits on selling some or all of your crypto holdings will triggercapital gains tax(CGT) over and above the £3,000 annual CGT allowance.\nIn December HM Revenue and Customs (HMRC) launched a voluntary disclosure campaign, encouraging investors who had not declared any gains from crypto assets to come forward and pay up.\nWhile a furore around a halving event will create heightened expectation and momentum surrounding Bitcoin trading, remember to invest wisely and not get caught up in the hype.\nRemind yourself of the risks, which include that cryptocurrencies are not regulated by the Financial Conduct Authority (FCA), so buyers have no protection under the Financial Services Compensation Scheme which covers losses up to £85,000 on fully regulated accounts and investment products including pensions.\nIt also means crypto investors cannot complain to the Financial Ombudsman Service to settle any claims of unfair practice.\nFraud is also rifewithin cryptocurrency trading. In Britain alone, losses to crypto fraud jumped by more than 40pc in the 12 months to March 2023, taking the estimated total losses to in excess of £300m, according to analysis of data from the Office for National Statistics by law firm RPC.\nThe FCA is clamping down on the advertising surrounding crypto and the use of so-called “finfluencers” who take to social media to promote fraudulent schemes.\nAs long as you’re comfortable with the risks, you can purchase Bitcoin – and other cryptocurrencies – from online exchanges, which make it easy to buy and sell from your smartphone, tablet or computer.\nUK cryptocurrency exchanges include Coinbase, Robinhood, Gemini and eToro. They will either charge a percentage of a trade or a fixed fee, though some offer free trades. There might also be a subscription option where you pay a regular sum and trades are free.\nAt eToro you’ll pay 1pc for buying and selling Bitcoin, but at Robinhood there’s no fee.\nThere might also be an account minimum so make sure you check the terms, though this tends to be low at around $10.\nSome offer incentives when you open an account, such as free tokens, but don’t let that determine your choice. The terms of service and the charges are more important than freebies.\nYou’ll need to add funds to your account before you’re able to start trading, usually using a credit or debit card or bank transfer.\nYour Bitcoin – or cryptocurrency of choice – can be stored in a digital wallet on the platform. You can also transfer it onto your hard drive.\nCrypto can also be bought directly from individuals via marketplaces.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', 'There’s much to learn about cryptocurrency. Many will already have an understanding of how it works, and that Bitcoin is the world’s first – and largest – digital token.\nBut a lesser-known feature of Bitcoin is its “halving events”. There have been four halving events so far, with the most recent in April 2024 – and they can have a significant effect on its price.\nHere, Telegraph Money explains what halving is, and how you could use the next event to your advantage:\n• Bitcoin halving explained\n• What impact does halving have on price?\n• Should I take any action?\n• The risks of investing in crypto\n• Buying Bitcoin\nBitcoin halving does not affect the amount of Bitcoin in circulation, and therefore will not affect any holdings.\nInstead, it affects the “mining rewards”, reducing the frequency of new coins into the system.\nBitcoin is stored and exchanged securely through an online digital ledger, known as blockchain.\nThe people (or organisations) who “mine” Bitcoin race to solve complex mathematical puzzles to add a new “block” (unit of transaction data) to the chain.\nAs an incentive to participate in this process, they are then usuallyrewarded with a certain amount of Bitcoin.\nRather than being determined by dates, a halving event automatically happens when the number of blocks that the network has processed reaches 210,000.\nThe first Bitcoin halving took place on Nov 28, 2012, and saw the block reward drop from 50 Bitcoins to 25 Bitcoins. The second halving took place on July 9, 2016, and saw the block reward being cut from 25 Bitcoins to 12.5 Bitcoins. The third halving took place on May 11, 2020, and brought the mining rewards down from 12.5 Bitcoins to 6.25 Bitcoins.\nThe latest took place on April 19, 2024 and brought the mining rewards down from 6.25 Bitcoins to 3.125 Bitcoins.\nThe reason for halving events is that Bitcoin is finite. There will only ever be 21 million Bitcoin in existence – this was written into the code when it was first created. The halvings will continue until all Bitcoins have been brought into existence through the block rewards, which means it could take until the year 2140 to complete the mining.\nEach event, however, presents challenges for the profitability of miners, who face decreasing rewards for their efforts.\nHalvings lead to increased attention and speculation on the crypto world and how they will affect market value.\nThe events reduces the incentive for ‘bitcoin miners’ to continue their activities, this can create a supply shortfall if demand stays steady or increases. This has typically led to an increase in the price of Bitcoin.\nIn the month before the most recent halving event in April 2024, the price of Bitcoin hit an all-time high, rising past $69,000 (£54,353) for the first time in its history and surpassing the previous record reached in November 2021.\nHowever, price rises were partly prompted by a move in America to allow US securities firmsto launch ETFs that invest in Bitcoin, bringing cryptocurrencies further into mainstream investing.\nSince the US regulator the Securities and Exchange Commission (SEC) authorised the first spot Bitcoin ETFs in January, several funds have been launched including ETFs from major brands such as BlackRock, Fidelity and Invesco.\nAfter the previous Bitcoin halving in May 2020, the cryptocurrency market went on a bull run, with the price of Bitcoin increasing fivefold in the next calendar year.\nThe limited number of Bitcoins that can enter circulation makes them a so-called “scarce asset”, which for some people is enough to make them valuable.\nSimon Peters, cryptocurrency market analyst at investment platform eToro said: “The cap on the number of Bitcoins is actually less than 21 million. This number is closer to 17 million because so many have been lost on hard drives and memory sticks where investors have mined their own Bitcoin or taken it into custody themselves, rather than holding it via a platform.\n“Scarce assets, such as crypto, property and gold, are attractive to investors because generally they increase in value. The halving events in crypto mean there are known price changes coming, with the peak increases coming around 12-18 months after such an event. The squeeze on supply has definitely had an impact, though there are many other factors to prices with crypto being a global asset.”\nCryptocurrency marketsare notoriously difficult to predictwith big price swings occurring, sometimes without much warning. Timing an investment is a full-time job and even then it’s impossible for a professional to know exactly where the market is going.\nAs a halving event approaches, existing investors could consider offloading some Bitcoin if they needed to raise cash for something or wanted to take profits.\nBut again, you need to factor in that cryptocurrency prices are extremely volatile and unpredictable so you can’t bank on prices rising as they have done in the past as external, wider economic factors count.\nDon’t forget that there are tax implications of selling off Bitcoin, which should be a consideration in terms of timing. Cryptocurrency is treated as a form of investment, and regulated in a similar way to stocks and shares.\nAs such, profits on selling some or all of your crypto holdings will triggercapital gains tax(CGT) over and above the £3,000 annual CGT allowance.\nIn December HM Revenue and Customs (HMRC) launched a voluntary disclosure campaign, encouraging investors who had not declared any gains from crypto assets to come forward and pay up.\nWhile a furore around a halving event will create heightened expectation and momentum surrounding Bitcoin trading, remember to invest wisely and not get caught up in the hype.\nRemind yourself of the risks, which include that cryptocurrencies are not regulated by the Financial Conduct Authority (FCA), so buyers have no protection under the Financial Services Compensation Scheme which covers losses up to £85,000 on fully regulated accounts and investment products including pensions.\nIt also means crypto investors cannot complain to the Financial Ombudsman Service to settle any claims of unfair practice.\nFraud is also rifewithin cryptocurrency trading. In Britain alone, losses to crypto fraud jumped by more than 40pc in the 12 months to March 2023, taking the estimated total losses to in excess of £300m, according to analysis of data from the Office for National Statistics by law firm RPC.\nThe FCA is clamping down on the advertising surrounding crypto and the use of so-called “finfluencers” who take to social media to promote fraudulent schemes.\nAs long as you’re comfortable with the risks, you can purchase Bitcoin – and other cryptocurrencies – from online exchanges, which make it easy to buy and sell from your smartphone, tablet or computer.\nUK cryptocurrency exchanges include Coinbase, Robinhood, Gemini and eToro. They will either charge a percentage of a trade or a fixed fee, though some offer free trades. There might also be a subscription option where you pay a regular sum and trades are free.\nAt eToro you’ll pay 1pc for buying and selling Bitcoin, but at Robinhood there’s no fee.\nThere might also be an account minimum so make sure you check the terms, though this tends to be low at around $10.\nSome offer incentives when you open an account, such as free tokens, but don’t let that determine your choice. The terms of service and the charges are more important than freebies.\nYou’ll need to add funds to your account before you’re able to start trading, usually using a credit or debit card or bank transfer.\nYour Bitcoin – or cryptocurrency of choice – can be stored in a digital wallet on the platform. You can also transfer it onto your hard drive.\nCrypto can also be bought directly from individuals via marketplaces.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', '• 10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading.\n• CME is one of the top bitcoin futures exchanges by open interest.\nFutures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, theFinancial Times reportedon Thursday.\nCME is already the top bitcoin futures exchange by open interest, while offshore, non-regulated Binance dominates the spot market.\nThe exchange has held discussions with traders who want to trade bitcoin on a regulated marketplace, the FT reported, citing people with direct knowledge of the talks.\nCME\'s spot trading business could be run through the EBS currency trading venue in Switzerland, the report added.\nThe exchange did not want to comment on the report.\nThe spot market will complement the CME’s existing standard and micro futures contracts, which are widely considered a proxy for institutional activity, and help the exchange become more dominant in the crypto market. The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market. Coinbase (COIN), the only U.S. traded crypto exchange, is No. 3 by daily trading volume.\nThe availability of the spot market means traders can now set up complex multi-leg strategies involving spot and futures markets in one regulated place.Carry tradersare known to short CME futures against long spot market positions on other exchanges or in spot ETFs.\n“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues," Markus Thielen, founder of 10x Research, said.\nUPDATE (May 16, 07:20 UTC):Adds additional details.\nUPDATE (May 16, 08:19 UTC):Adds Coinbase in sixth paragraph.', '• 10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading.\n• CME is one of the top bitcoin futures exchanges by open interest.\nFutures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, theFinancial Times reportedon Thursday.\nCME is already the top bitcoin futures exchange by open interest, while offshore, non-regulated Binance dominates the spot market.\nThe exchange has held discussions with traders who want to trade bitcoin on a regulated marketplace, the FT reported, citing people with direct knowledge of the talks.\nCME\'s spot trading business could be run through the EBS currency trading venue in Switzerland, the report added.\nThe exchange did not want to comment on the report.\nThe spot market will complement the CME’s existing standard and micro futures contracts, which are widely considered a proxy for institutional activity, and help the exchange become more dominant in the crypto market. The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market. Coinbase (COIN), the only U.S. traded crypto exchange, is No. 3 by daily trading volume.\nThe availability of the spot market means traders can now set up complex multi-leg strategies involving spot and futures markets in one regulated place.Carry tradersare known to short CME futures against long spot market positions on other exchanges or in spot ETFs.\n“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues," Markus Thielen, founder of 10x Research, said.\nUPDATE (May 16, 07:20 UTC):Adds additional details.\nUPDATE (May 16, 08:19 UTC):Adds Coinbase in sixth paragraph.', "(Reuters) - CME Group, the world's largest futures exchange operator, plans to launch bitcoin trading to expand its portfolio, the Financial Times reported on Thursday.\nThe Chicago-headquartered exchange has been holding discussions with traders who want to buy and sell bitcoin on a regulated marketplace, the newspaper said, citing three people with direct knowledge of the talks.\nHowever, FT said that the plan has not yet been finalised.\nCME declined to comment on the report and said it does not respond to rumours or speculations.\nBitcoin hit a record high in March, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.\nCME has hosted trading in bitcoin futures since 2017, making it one of the first exchanges to do so, along with rival CBOE. It also offers global benchmark products across major asset classes, including futures and options.\n(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sonia Cheema)", "• Bitcoin’s price could reach $74,000 in the coming weeks amid softer U.S. inflation figures and institutional demand, which favors riskier assets.\n• Large asset managers like Millennium and Schonfeld have invested in bitcoin spot ETFs, indicating growing institutional interest.\n• Selling pressure from short-term is easing, some on-chain analysts said in a Thursday report.\nBullish sentiment for riskier assets following soft inflation figures could propel bitcoin {{BTC}} prices toward the $74,000 mark in the coming days as institutional demand continues to grow, Singapore-based QCP Capital said in a note early Thursday.\nThe softer-than-expected U.S. Consumer Price Index (CPI) rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggering a breakout for BTC. The asset regained the $66,000 mark for the first time since April and posted its biggestsingle-day gain since March Last 60 Days of Bitcoin's Closing Prices: [68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-16 Financial & Commodity Data: - Gold Closing Price: $2380.00 - Crude Oil Closing Price: $79.23 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,305,632,092,219 - Hash Rate: 586932456.1118613 - Transaction Count: 476659.0 - Unique Addresses: 494221.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New York City, NY, April 19, 2024 (GLOBE NEWSWIRE) -- As the cryptocurrency landscape constantly evolves, investors and market observers are closely monitoring several key developments that could shape the sector's future. Among these are Bitcoin's upcoming halving event, Ethereum's current price fluctuations due to significant whale activity, and the rise of new players likeFurrever Token(FURR), which seeks to carve out a niche with its unique approach and potential high returns. JPMorgan Cautions Against Expecting a Bitcoin Rally Post-Halving Event As the cryptocurrency community braces for this year’s Bitcoin halving event, scheduled around April 19-20, JPMorgan has issued a less than optimistic forecast. Contrary to the significant price surges that followed previous halvings, the banking giant predicts that Bitcoin might not only fail to rally but could potentially see a decline in value. In the past, Bitcoin halvings have been pivotal moments that typically led to bullish market behavior. The process involves halving the reward for mining Bitcoin transactions, thereby reducing the rate at which new Bitcoins are generated. This mechanism serves as a counter to inflation within the Bitcoin ecosystem. Historically, such events have boosted the cryptocurrency's market price significantly within a year of occurrence. For instance, after the 2012 halving, Bitcoin's price increased from $12 to $135 over the next 300 days. However, this year's scenario presents a unique backdrop. According to JPMorgan’s analysis, the current market conditions are "overbought". Bitcoin's price, hovering around $61,200, is well above the $45,000 mark when adjusted for volatility in comparison with gold. This elevated baseline, combined with the peak price reached a month before the halving—a first in Bitcoin’s history—suggests a different outcome might be unfolding this time around. Adding to the cautious outlook, Goldman Sachs has also advised prudence. The firm highlighted the unpredictable macroeconomic factors currently at play, which could influence Bitcoin's performance differently compared to past cycles. Despite previous patterns of price appreciation post-halving, Goldman Sachs warns against assuming similar outcomes this year, given the distinct global economic conditions. This tempered expectation marks a significant shift in sentiment among financial giants regarding the crypto market's behavior following the halving. As the event nears, the cryptocurrency community and investors are keeping a watchful eye, prepared for a range of possibilities that diverge from the historical norm. Ethereum Price Volatility Continues as ICO Whale Offloads Significant ETH Holdings The Ethereum market is currently experiencing heightened volatility, underscored by a recent 4% drop in price amid broader crypto market fluctuations. This latest dip has triggered a wave of speculation about the future price movements of Ethereum. Key to the current market unrest is the activity of an ICO whale who has significantly reduced their holdings, selling off 2,000 ETH for 6 million USDC at a rate of $2,997 each. This move comes after additional transactions where the same whale offloaded 5,110 ETH on various platforms, with the price per ETH approximately at $2,545. Despite this large-scale sell-off, the whale still possesses about 29,700 ETH, which currently values approximately $89.4 million, held primarily across staking platforms. Adding to the market’s unease, Whale Alert has flagged more Ethereum moving towards exchanges. Notably, an unknown wallet transferred 10,806 ETH to Coinbase, worth roughly $32.13 million, followed by another transaction of 10,726 ETH to the same exchange, valued at around $31.90 million. These substantial movements to a major exchange like Coinbase are raising alarms about potential further increases in Ethereum’s price volatility. However, amid these concerns, some analysts maintain a cautious optimism, buoyed by positive developments such as the recent approval of Bitcoin and Ethereum ETFs in Hong Kong, which may indicate a rebound or stabilization in the market soon. Moreover, with the cryptocurrency community looking forward to the upcoming Bitcoin Halving event, there is anticipation that this might also spur positive movements in Ethereum's price. As the situation develops, Ethereum's current trading price stands at $2,978.31, marking a decrease of 3.45% from the previous day, with a trading volume that has risen by 10.77% in the last 24 hours. Despite this, Ethereum's price has seen a substantial 16% decline over the past week and an 18% drop over the last month, highlighting the ongoing uncertainty and the speculative nature of the crypto market. Furrever Token Emerges as a Strong Contender Against Established Cryptocurrencies In the competitive world of cryptocurrencies,Furrever Token(FURR)is carving out a niche for itself with a current price of $0.000564 and promising features that could potentially outperform major players like Solana (SOL) and Toncoin (TON). What sets Furrever Token apart is its unique appeal rooted in the universal love for cute kitties, aiming to create a delightful and engaging experience for its users. The charm of Furrever Token extends beyond its cat-themed aesthetics, encompassing a range of stickers, emojis, and visuals that enhance the user interface. This strategy not only enriches the community experience but also strengthens the bond among its members, fostering a welcoming and inclusive environment. Operating on the BNB-20 blockchain, the Furrever Token is designed with favorable tokenomics. About 65% of its tokens were made available during the presale, with the remainder distributed between decentralized exchanges (DEXs) and the development team. This distribution strategy promotes fairness and ensures the longevity and stability of the project. Financially, Furrever Token is not just about the novelty; it offers significant return potential, boasting up to 15X returns which highlights its attractiveness as an investment. To secure its platform and user investments, the token has undergone rigorous audits, emphasizing its commitment to security and compliance. The project’s dedication is further evidenced by its active community engagement and transparent communication, critical factors that contribute to its growing legitimacy and appeal as an investment. As Furrever Token continues to evolve and attract attention in the crypto market, its innovative integration of fun elements with serious financial prospects positions it as a formidable alternative to well-established cryptocurrencies like Solana and Toncoin. With strong community support and distinctive features, Furrever Token is poised to make a significant impact on the future landscape of cryptocurrency. For further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams. Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account Media Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Robert Smith support at furrevertoken.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks turned lower and closed in the red on Thursday after the Dow briefly crossing 40,000 for the first time.\n• Markets are feeling optimistic after April inflation data was cooler than expected.\n• The S&P 500 failed to extend its gains after closing at a record high on Wednesday.\nStocks finished lower on Thursday, with indexes giving back gains from earlier in the day after the Dow Jones Industrial Average crossed 40,000 for the first time during the session.\nThe Dow failed to close above the key threshold, and the S&P 500 struggled to consolidate gains after hitting a record close on Wednesday. Markets were feeling upbeat after Wednesday\'s consumer price index data showed inflation rising at a slower pace in April, but some Federal Reserve speakers indicated on Thursday that there was still no rush to lower interest rates.\nRichmond Fed President Tom Barkin pointed to sticky services sector inflation, while earlier in the day New York Fed President John Williams told Reuters that he believes policy is "in a good place."\n"To get to 2% sustainably in the right kind of way, I just think it\'s going to take a little bit more time," Barkin told CNBC.\nBroadly, the Fed speakers on Thursday painted a picture of a central bank in no hurry to pivot as inflation remains above its 2% target. Rate cut bets were little changed on Thursday, with the market still seeing the strongest odds for the first cut in September.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,297.10, down 0.2%\n• Dow Jones Industrial Average:39,869.38, down 0.1% (39 points)\n• Nasdaq Composite:16,698.32, down 0.3%\nHere\'s what else is going on today:\n• Jamie Dimon says inflation is worsethan people think and a soft landing is a long shot.\n• The US isn\'t facing a stagflation threateven as growth slows, according to Bank of America.\n• Reddit users are questioning whether Keith Gillis the one post the memes that ignited the GameStop rally this week.\n• Investors shouldn\'t be clamoring for rate cutsthis summer, market vet Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.8% to $79.28 a barrel.Brent crude, the international benchmark, ticked higher 0.7% to $83.35 a barrel.\n• Golddipped 0.4% to $2,384 per ounce.\n• The 10-year Treasury yield rose two basis points to 4.383%.\n• Bitcoinwas down 1.2% to trade at $65,269.\nRead the original article onBusiness Insider', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", '• Coinbase said ether has the potential to surprise to the upside in the coming months.\n• The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said.\n• The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund.\nEther {{ETH}} has underperformed the broader crypto market this year, but its long-term positioning remains strong and it has the potential to surprise to the upside, Coinbase (COIN) said in a research report on Wednesday.\nThe second-largest cryptocurrency by market value has risen 29% year-to-date, less than two-thirds the surge its larger rival bitcoin {{BTC}} which has gained 50%. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has advanced 28%.\n"Ether may have the potential to surprise to the upside in the coming months," the report said, noting that the cryptocurrency does not have "major sources of supply side overhangs" such as token unlocks or pressure created by miners\' sales.\n"To the contrary, both staking and layer 2 growth have proven to be meaningful and growing sinks of ETH Liquidity," wrote analyst David Han. "ETH\'s position as the center ofdecentralized finance(DeFi) is also unlikely to be displaced in our view due to the widespread adoption of the Ethereum Virtual Machine (EVM) and its layer 2 innovations."\nTheEVMis the Ethereum blockchain\'s native processing system that allows developers to create smart contracts and lets nodes interact with them.Layer 2sare separate blockchains built on top oflayer 1s, or the base layer, that reduce bottlenecks with scaling and data.\nMoreover, the importance of potential spot U.S. ether exchange-traded funds (ETFs) cannot be understated. "We think the market may be underestimating the timing and odds of a potential approval, which leaves room for surprises to the upside," Coinbase said\n"Even if the first deadline of May 23, 2024 encounters a rejection, we think there is a high likelihood that litigation could reverse that decision," the note said. "In the interim, we believe the structural demand drivers for ETH as well as the technological innovations within its ecosystem will enable it to continue straddling across multiple narratives."\nRead more:Ethereum Developers Target Ease of Crypto Wallets WIth \'EIP-3074\'', 'LAS VEGAS, May 17, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240517078732/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'LAS VEGAS, May 17, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240517078732/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'The meme stock season seems to be back.Novavax(NASDAQ:NVAX) has surged over 200% in the last month, with big gains coming in a few trading days.GameStop(NYSE:GME) stock has also skyrocketed more than 290% in the last month. These are just two examples and speak volumes about the ferocity of the rally. Of course, I would not look at these overbought ideas, but I would certainly consider somememe stocksto buy if there is a broad market correction.\nAn important point to note is that GDP growth in the U.S. has decelerated in Q1 2024. There are reasons for the market to feed nervous if the first-rate cut is delayed — there could be a deep price correction.\nHowever, any such correction would be a good opportunity to buy meme stocks. Rate cuts are inevitable, and easy money policies tend to support speculative activity across asset classes. So, I believe a bigger meme stock rally might be on the cards a few quarters down the line. Let’s discuss the meme stocks to buy for stellar returns.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: rafapress / Shutterstock.com\nRiot Platforms(NASDAQ:RIOT) stock has been subdued in the last 12 months. However, the meme stock looks attractive at a forward price-earnings ratio of 22. I expect a big breakout on the upside in the coming quarters on the back of positive business developments.\nThe first point to note is that Riot ended Q1 2024 with acash buffer(includingBitcoin(BTC-USD) holdings) of $1.3 billion. Further, with a zero-debt balance sheet, the company has high financial flexibility to pursue aggressive growth.\nIt’s also worth noting that the company has set an ambitious target of increasing hash rate capacity from 12.4 EH/s in Q1 2024 to 31.5 EH/s by the end of the year. If Bitcoin remains in an uptrend, this expansion will translate into stellar revenue and EBITDA growth.\nI must add that Riot plans to increase capacity to 100 EH/s by 2027. With these positives, it’s surprising the RIOT stock has remained sideways. It’s a golden opportunity to accumulate before the stock skyrockets.\nSource: T. Schneider / Shutterstock.com\nPlug Power(NASDAQ:PLUG) stock has witnessed a rally of around 50% from 52-week lows. However, PLUG stock has plunged in the last few quarters and remains attractive even after the recent rally. If the stock is depressed due to broad market sentiments, it would be a good opportunity to accumulate.\nThe company also has a big new catalyst likely to drive the stock higher. The company recently announced a commitment by the U.S. Department of Energy for a conditional loan of $1.66 billion. PLUG would utilize the loan to “finance thedevelopment,construction and ownership of up to six green hydrogen production facilities.”\nWhile Plug Power had ambitious expansion plans, funding and execution were the main challenges. The commitment from the U.S. DoE is likely to alleviate the concerns. However, I would still look at PLUG stock as a trading bet rather than an investment opportunity. Blue-chip companies are making big investments in the hydrogen economy. I prefer to stick to those ideas from a long-term investment perspective.\nSource: viewimage / Shutterstock.com\nI would like to remind investors thatTilray Brands(NASDAQ:TLRY) stock was trading below $5 at the beginning of October 2020. When Biden assumed power, TLRY stock skyrocketed above $60 in February 2021. With the presidential election around the corner and cannabis likely to be a hot topic of discussion, I would hold TLRY stock.\nFrom a business perspective, Tilray focused on diversification last year. Backed by acquisitions, the Tilray is the fifth largest craft beer manufacturer in the United States. Presence in the U.S. also provides a strong strategic infrastructure for aggressive expansion in the scenario of federal-level legalization of cannabis.\nEven in the cannabis segment, Tilray has been reporting healthy growth. For Q3 2024,global cannabis net revenueincreased by 33% on a year-on-year basis. With Tilray having a presence in the medicinal and recreational cannabis business, the addressable market is significant. Therefore, I expect healthy growth to sustain, coupled with gradual EBITDA margin expansion.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Must-Buy Meme Stocks When Prices Plungeappeared first onInvestorPlace.', "New York City, NY, May 17, 2024 (GLOBE NEWSWIRE) --\nThe crypto market is buzzing with excitement as Bitcoin experiences a 1.5% rise, signaling strong momentum for the leading cryptocurrency. Meanwhile, Ethereum is on the cusp of a significant breakthrough, with analysts predicting it could soon reach the $5,000 mark. Amid these developments, a new and captivating player,Furrever Token, is emerging as a potential game-changer in the crypto space. Combining the charm of cat-themed content with blockchain technology, Furrever Token offers a unique investment opportunity with the promise of astronomical returns. As Bitcoin and Ethereum continue to capture headlines, don't overlook the irresistible appeal and innovative potential of Furrever Token—the next big thing in cryptocurrency.\nBitcoin Surges 2%: Institutional Investments in Bitcoin ETFs Skyrocket\nBitcoin (BTC) is currently trading at around $65,738.46, experiencing a nearly 2% increase since yesterday. Over the past week, more than 600 firms have disclosed substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings with the United States Securities and Exchange Commission (SEC).\nAccording to the filing data, professional investment firms have reported owning $3.5 billion worth of Bitcoin ETFs. Major players include Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada, and hedge funds like Millennium Management and Schonfeld Strategic Advisors.\nMillennium Management leads the pack with $1.9 billion invested across various Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). Schonfeld Strategic Advisors follows with a $479 million investment, primarily in BlackRock’s and Fidelity’s funds. Boothbay Fund Management and Pine Ridge Advisers have also declared significant holdings in spot Bitcoin ETFs.\nMorgan Stanley stands out with a $269.9 million investment in the Grayscale Bitcoin Trust (GBTC), making it one of the largest holders. Other notable investors include Aristeia Capital, Graham Capital Management, CRCM, and Fortress Investment Group, each with substantial investments in IBIT.\nSpot Bitcoin ETFs, which launched in January, saw massive demand in the first three months. Despite a recent slowdown in inflows, the sustained interest from hundreds of financial institutions underscores the growing institutional confidence in Bitcoin’s potential. As Bitcoin’s price continues to rise, these substantial investments highlight the increasing mainstream acceptance and adoption of the leading cryptocurrency.\nEthereum's Potential Surge Amid SEC Decision Anticipation\nEthereum (ETH) currently trades at around $2,950.80, down 0.5% from yesterday but poised for a potential short-term bullish surge after a five-day stagnation. This momentum is fueled by discussions on declining revenue on the ETH Mainnet and the looming SEC decision on spot ETH ETFs.\nOpinions are divided on the SEC's verdict for VanEck's spot ETF application due May 23. Nate Geraci of ETF Store believes rejection is unlikely, citing past ETH futures ETF approvals and staking option removals. However, some speculate denial due to ongoing Ethereum security classification investigations.\nSEC scrutiny began in April 2023, yet ETH futures ETFs were approved in September, highlighting regulatory complexity. Ethereum now aims to surpass $3,000, facing resistance at $3,103 and $3,161. Short-term bullish sentiment is evident, with ETH long liquidations decreasing, open interest rising to 1.97%, and anticipation of increased price volatility pre-SEC decision.\nFurrever Token: Analysts Predict the Next Big Thing in Crypto\nFurrever Token (FURR) is capturing the attention of the crypto world, with analysts predicting it could be the next big thing. Built on the BNB-20 blockchain, Furrever Token stands out by combining blockchain technology with the universal appeal of cute cat imagery. This unique approach transforms everyday crypto interactions into delightful experiences, featuring charming cat-themed stickers, emojis, and visuals that enhance user engagement.\nOne of the key features driving interest in Furrever Token is its engaging community challenges. These regular events encourage users to share their love for cuteness and participate in fun activities, fostering a warm and inclusive community atmosphere. The project also promises future exclusive content, ensuring that the community remains excited and engaged with new and delightful surprises.\nSecurity and compliance are top priorities for Furrever Token. The smart contract has been audited by Securi Lab, providing a safe and trustworthy platform for all users. Additionally, the team’s tokens are locked for a year, demonstrating a commitment to the project’s longevity and stability.\nFurrever Token's impressive tokenomics include a total supply of 9 billion tokens, with 65% allocated for presale, 25% for DEX allocation, and 10% for the team. The presale has already raised over $1.1 million, nearing the end of its stages and aiming to raise $1.9 million. With a current price of $0.000648, Furrever Token offers an attractive entry point for investors.\nMoreover, Furrever Token has launched a $20,000 Highest Total Buys Competition, where 10 lucky winners will share the prize. The competition runs until May 27, 2024, providing an additional incentive for new investors to join the community.\nFurrever Token has gained organic growth with nearly 4,000 members in its active Telegram channel. This growing community and the project's innovative approach position Furrever Token as a promising investment opportunity, blending the charm of cats with the potential of cryptocurrency for unparalleled rewards. Don't miss out on being part of this adorable revolution in the crypto world!Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/support (at) furrevertoken.comDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", "New York City, NY, May 17, 2024 (GLOBE NEWSWIRE) --\nThe crypto market is buzzing with excitement as Bitcoin experiences a 1.5% rise, signaling strong momentum for the leading cryptocurrency. Meanwhile, Ethereum is on the cusp of a significant breakthrough, with analysts predicting it could soon reach the $5,000 mark. Amid these developments, a new and captivating player,Furrever Token, is emerging as a potential game-changer in the crypto space. Combining the charm of cat-themed content with blockchain technology, Furrever Token offers a unique investment opportunity with the promise of astronomical returns. As Bitcoin and Ethereum continue to capture headlines, don't overlook the irresistible appeal and innovative potential of Furrever Token—the next big thing in cryptocurrency.\nBitcoin Surges 2%: Institutional Investments in Bitcoin ETFs Skyrocket\nBitcoin (BTC) is currently trading at around $65,738.46, experiencing a nearly 2% increase since yesterday. Over the past week, more than 600 firms have disclosed substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings with the United States Securities and Exchange Commission (SEC).\nAccording to the filing data, professional investment firms have reported owning $3.5 billion worth of Bitcoin ETFs. Major players include Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada, and hedge funds like Millennium Management and Schonfeld Strategic Advisors.\nMillennium Management leads the pack with $1.9 billion invested across various Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). Schonfeld Strategic Advisors follows with a $479 million investment, primarily in BlackRock’s and Fidelity’s funds. Boothbay Fund Management and Pine Ridge Advisers have also declared significant holdings in spot Bitcoin ETFs.\nMorgan Stanley stands out with a $269.9 million investment in the Grayscale Bitcoin Trust (GBTC), making it one of the largest holders. Other notable investors include Aristeia Capital, Graham Capital Management, CRCM, and Fortress Investment Group, each with substantial investments in IBIT.\nSpot Bitcoin ETFs, which launched in January, saw massive demand in the first three months. Despite a recent slowdown in inflows, the sustained interest from hundreds of financial institutions underscores the growing institutional confidence in Bitcoin’s potential. As Bitcoin’s price continues to rise, these substantial investments highlight the increasing mainstream acceptance and adoption of the leading cryptocurrency.\nEthereum's Potential Surge Amid SEC Decision Anticipation\nEthereum (ETH) currently trades at around $2,950.80, down 0.5% from yesterday but poised for a potential short-term bullish surge after a five-day stagnation. This momentum is fueled by discussions on declining revenue on the ETH Mainnet and the looming SEC decision on spot ETH ETFs.\nOpinions are divided on the SEC's verdict for VanEck's spot ETF application due May 23. Nate Geraci of ETF Store believes rejection is unlikely, citing past ETH futures ETF approvals and staking option removals. However, some speculate denial due to ongoing Ethereum security classification investigations.\nSEC scrutiny began in April 2023, yet ETH futures ETFs were approved in September, highlighting regulatory complexity. Ethereum now aims to surpass $3,000, facing resistance at $3,103 and $3,161. Short-term bullish sentiment is evident, with ETH long liquidations decreasing, open interest rising to 1.97%, and anticipation of increased price volatility pre-SEC decision.\nFurrever Token: Analysts Predict the Next Big Thing in Crypto\nFurrever Token (FURR) is capturing the attention of the crypto world, with analysts predicting it could be the next big thing. Built on the BNB-20 blockchain, Furrever Token stands out by combining blockchain technology with the universal appeal of cute cat imagery. This unique approach transforms everyday crypto interactions into delightful experiences, featuring charming cat-themed stickers, emojis, and visuals that enhance user engagement.\nOne of the key features driving interest in Furrever Token is its engaging community challenges. These regular events encourage users to share their love for cuteness and participate in fun activities, fostering a warm and inclusive community atmosphere. The project also promises future exclusive content, ensuring that the community remains excited and engaged with new and delightful surprises.\nSecurity and compliance are top priorities for Furrever Token. The smart contract has been audited by Securi Lab, providing a safe and trustworthy platform for all users. Additionally, the team’s tokens are locked for a year, demonstrating a commitment to the project’s longevity and stability.\nFurrever Token's impressive tokenomics include a total supply of 9 billion tokens, with 65% allocated for presale, 25% for DEX allocation, and 10% for the team. The presale has already raised over $1.1 million, nearing the end of its stages and aiming to raise $1.9 million. With a current price of $0.000648, Furrever Token offers an attractive entry point for investors.\nMoreover, Furrever Token has launched a $20,000 Highest Total Buys Competition, where 10 lucky winners will share the prize. The competition runs until May 27, 2024, providing an additional incentive for new investors to join the community.\nFurrever Token has gained organic growth with nearly 4,000 members in its active Telegram channel. This growing community and the project's innovative approach position Furrever Token as a promising investment opportunity, blending the charm of cats with the potential of cryptocurrency for unparalleled rewards. Don't miss out on being part of this adorable revolution in the crypto world!Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/support (at) furrevertoken.comDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", 'Joltz Unlocks New Possibilities with their Wallet and SDK, bringing a new era of builders to theBitcoinecosystem.\nSAN FRANCISCO, CA,May 17, 2024/PRNewswire/ - Joltz has launched its new wallet and SDK, notably the world\'s first non-custodialBitcoinwallet supporting the cutting-edgeTaproot Assetsprotocol. This marks a significant advancement in the Web3 landscape and builds on the momentum recently sparked by innovations likeOrdinals, which have demonstrated considerable market demand forBitcoin-based applications. Taproot Assets makeBitcoin- and theLightning Network- a multi-asset network, and Joltz\'s latest offering is paving the way for a new era of scalable use cases onBitcoin, including stablecoins, whose$150Bmarket capitalization has largely eludedBitcoinhistorically in favor of other blockchains.\nIn addition, Taproot Assets can also power other types of use cases, including novel types of rewards and user incentives. For example, Joltz enables businesses to reward users with branded loyalty tokens backed by either BTC or stablecoins, all with immense scalability and speed viaLightning. This transformative technology empowers businesses to offer more engaging and valuable reward experiences, leveraging the security and efficiency of the latest innovations built onBitcoin. According toIan Major, Co-founder of Joltz Rewards:\n"We\'re thrilled about the release. The wallet SDK is a culmination of technology that combines best-in-class security and usability while unlocking brand new use cases onBitcointhat haven\'t been possible before."\nAccording to the team at Joltz, loyalty and rewards seemed like a necessary place to start when considering what technical solutions could be improved by the Lighting Network. In a world where most loyalty programs lose brands money or barely break even, and most customers experience friction in being unable to spend or transfer points easily, Joltz\'s founders realized, "Bitcoinfixes this!" Building their solution onBitcoinnegates both of these issues and more. Joltz Wallet is not only the first non-custodial wallet that supportsBitcoinandTaproot Assets, but it is designed to be user-friendly and sets Joltz apart from other solutions. Furthermore, by releasing the Joltz SDK, Joltz provides a robust framework for businesses to seamlessly integrateBitcoinand Taproot Asset functionality into their existing platforms. This duo of pivotal releases from Joltz has the potential to revolutionize how companies engage with their users.\nUnlike traditional loyalty systems and point structures, which oftenlose value over time,Bitcoinrewards represent a real, tangible asset with the upside, for both brand and consumer, of potential appreciation. This seismic shift in loyalty systems can empower consumers while aligning with the modern expectations of reward programs in a way that rewards all parties involved. According to, once again, Co-FounderIan Major,\n"Not only are you giving consumers more purchasing power that makes it more likely that the business is going to get that next purchase, but the business is going to benefit from that through new customer acquisition by being an early adopter."\nJoltz is changing how businesses and consumers consider their relationship withBitcoinand the Lighting ecosystem while striving to redefine how businesses reward customer loyalty. By leveraging the Lighting network and making Taproot Assets more accessible through its wallet and SDK infrastructure, Joltz is introducing a new era of use cases built onBitcointhat prioritizes transparency, security, and consumer value.\nAbout Joltz\nJoltz unlocks theBitcoineconomy by building industry-leadingBitcoin, Lightning Network, and Taproot Asset tools and infrastructure. Its focus is user-friendly solutions, making complex infrastructures, like Taproot Assets, more accessible.\nAbout Joltz Wallet\nJoltz Wallet makes it easy for end users to engage with new use cases onBitcoin, including stablecoins, loyalty rewards, and more. As the world\'s first non-custodial wallet supporting the cutting-edge Taproot Assets protocol, Joltz Wallet provides an accessible way to experienceBitcoinlike never before.\nAbout Joltz SDK\nThe Joltz SDK provides developers with an accessible \'plug-and-play\' solution to add support for Taproot Assets to their applications. Developed by Lightning Labs, the Taproot Assets protocol makesBitcoinand its L2 the Lightning Network, a multi-asset network, allowing for cheaper, faster transactions on BTC.\nLINKS:\n➔\xa0\xa0\xa0\xa0 Explore theJoltz Wallet➔\xa0\xa0\xa0\xa0 Learn more about Joltz SDKhere➔\xa0\xa0\xa0\xa0 Keep up with Joltz on their X / Twitter@Joltz_btc\nView original content to download multimedia:https://www.prnewswire.com/news-releases/joltz-launches-wallet-and-sdk-making-taproot-assets-accessible-to-all-302148700.html\nSOURCE Joltz', "• Bitcoin could potentially surpass its all-time highs of $74,000 as early as next week due to increasing institutional demand and risk appetite for assets.\n• The U.S.-listed spot exchange-traded funds (ETFs) tracking Bitcoin have seen four straight days of inflows, with BlackRock's IBIT receiving $94 million on Thursday, signaling a shift in investment sentiment.\nInstitutional demand and rising appetite for risk assets could cause bitcoin to breach all-time highs of $74,000 as early as next week, some traders say.\n“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs.\n“A test of the $71K-$74K highs area, in our view, could happen as early as early next week, triggering a new episode of FOMO,” Kuptsikevich.\nSingapore-based QCP Capital gave out similar price targets in a client note earlier this week.\nSuch bullish outlooks come as U.S.-listed spot exchange-traded funds (ETFs) tracking the asset have logged four straight days of inflows,ending Thursday at $257 millionin net inflows. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows on some days.\nBlackRock’s IBIT received $94 million in inflows on Thursday, the largest among peers. GrayScale’s GBTC, which has mostly seen outflows since its January listing, received over $4.6 million in inflows.\nEarlier this week,multiple regulatory filings showedthat several big-name funds, such as Millennium Management and Elliot Capital, held millions worth of bitcoin ETFs in their portfolios.\nThe softer-than-expected US Consumer Price Index (CPI), which rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggered a break out of the range for BTC on Wednesday. The asset regained the $66,000 mark for the first time since April and posted its biggest single-day gain since March.", "• Bitcoin could potentially surpass its all-time highs of $74,000 as early as next week due to increasing institutional demand and risk appetite for assets.\n• The U.S.-listed spot exchange-traded funds (ETFs) tracking Bitcoin have seen four straight days of inflows, with BlackRock's IBIT receiving $94 million on Thursday, signaling a shift in investment sentiment.\nInstitutional demand and rising appetite for risk assets could cause bitcoin to breach all-time highs of $74,000 as early as next week, some traders say.\n“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs.\n“A test of the $71K-$74K highs area, in our view, could happen as early as early next week, triggering a new episode of FOMO,” Kuptsikevich.\nSingapore-based QCP Capital gave out similar price targets in a client note earlier this week.\nSuch bullish outlooks come as U.S.-listed spot exchange-traded funds (ETFs) tracking the asset have logged four straight days of inflows,ending Thursday at $257 millionin net inflows. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows on some days.\nBlackRock’s IBIT received $94 million in inflows on Thursday, the largest among peers. GrayScale’s GBTC, which has mostly seen outflows since its January listing, received over $4.6 million in inflows.\nEarlier this week,multiple regulatory filings showedthat several big-name funds, such as Millennium Management and Elliot Capital, held millions worth of bitcoin ETFs in their portfolios.\nThe softer-than-expected US Consumer Price Index (CPI), which rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggered a break out of the range for BTC on Wednesday. The asset regained the $66,000 mark for the first time since April and posted its biggest single-day gain since March.", "Over the course of its 15-year history,Bitcoin(CRYPTO: BTC)is up more than 18,000% and has made plenty of millionaires along the way. But what aboutspot Bitcoin ETFs?\nApproved by the U.S. Securities and Exchange Commission in January 2024, the 11 spot Bitcoin ETFs now available to investors make investing in Bitcoin as easy as buying a stock through your favorite brokerage. Gone are the days of having to navigate complex crypto exchanges and digital wallets.\nNow investors can give their portfolios the exposure to Bitcoin's unique millionaire-making abilities by simply buying an exchange-traded fund. But before doing so, it's crucial to understand what makes these ETFs differ from each other -- and which one is the best option to help you reach millionaire status as Bitcoin continues its journey of price appreciation.\nSince the spot Bitcoin ETFs track Bitcoin's price, in the same way that gold ETFs track the price of gold, the chances of reaching millionaire status rely on Bitcoin's ability to continue growing. Fortunately, its inherent characteristics should make the cryptocurrency more valuable with time.\nWhile an exploration of Bitcoin's unique qualities that promote price appreciation over time are a topic for another day, investors should keep in mind that Bitcoin is still in its early stages of adoption, with many analyses suggesting it is in a similar position to the early days of the internet. Well-known Bitcoin analyst Willy Woo sees as much wealth-creating value in this moment as internet investors experienced after the turn of the millennium.\nIn addition, now that the spot Bitcoin ETFs have been approved, deep-pocketed institutional investors that were previously sidelined from the Bitcoin market have entered the game. This means that even more pressure will be placed on Bitcoin's finite supply.\nEven though buying Bitcoin itself would be the best way to capitalize on its future growth, the ETFs are still a viable option to help you reach millionaire status. However, if doing so, there are a few other things to keep in mind.\nIt might sound simple. If Bitcoin goes up, then so will the ETFs. However, there is an additional factor that comes into play -- fees.\nEach Bitcoin ETF is provided by a company. And since these firms are in the money-making business, they charge fees for their services. These fees may seem small, but for the investor aiming to become a millionaire, they can't be overlooked.\nToday, the 11 different spot Bitcoin ETFs trade with a range of fees. The lowest isFranklin Templeton Digital Holding Trust(NYSEMKT: EZBC)at 0.19%. The highest isGrayscale Bitcoin Trust(NYSEMKT: GBTC)at 1.5%.\nLet's use a hypothetical scenario to compare the ef Last 60 Days of Bitcoin's Closing Prices: [67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-17 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,291,887,471,750 - Hash Rate: 640665709.1361867 - Transaction Count: 573492.0 - Unique Addresses: 514199.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy ONETMUsers can ask for AI-powered insights in natural language without relying on a dashboard, making it simple to incorporate business intelligence into every business decision TYSONS CORNER, Va., March 26, 2024--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the release of MicroStrategy AutoTM, the customizable AI bot that offers a faster, simpler way to deliver business intelligence to anyone in an organization. Auto is the latest enhancement toMicroStrategy AITM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data. Auto AI Bot – Analytics for Everyone Lightweight and embeddable, Auto can be deployed as a stand-alone app in theMicroStrategy ONElibrary or embedded into third-party applications. It also offers complete customization to tailor its appearance, language style, and level of detail. And because it’s powered by generative AI, users can interact with the bot using natural language. As a result, Auto removes barriers to fast, effective decision-making by making applications smarter and putting enterprise analytics in the hands of users no matter what skill level or application they’re using. There’s no need to use a complex dashboard to get insights, and users can ask for information in ordinary language, making it effortless to incorporate business intelligence into business decision-making. Auto dramatically increases productivity and effectiveness for data consumers and data creators alike. For example, sales representatives in the field can quickly access detailed analytics on customer production volume or product failure rates with a single question to Auto during client negotiations. For data analysts, Auto eliminates many ad-hoc requests for report or dashboard enhancements by making end users more self-sufficient. With backlog reduced, data analysts can spend more time on projects that add strategic value to the organization. "We think using MicroStrategy AI will unlock huge value by providing a variety of users with deeper insights that previously required more clicks and more granularity to understand; it’s powerful for user self-service," said Nena Pidskalny, Director of Supply Chain Strategy and Planning for Federated Co-operatives Limited. Building on a Solid Generative AI Foundation MicroStrategy AI includes preconfigured applications ofAutofor specific uses, such as Auto SQL for automating SQL generation, Auto Dashboard for dynamically building dashboards from conversational queries, and Auto Answers for streamlining support queries within MicroStrategy ONE. MicroStrategy AI makes it easy for any user, regardless of analytic skill level, to interact with data using natural language. "Our modern cloud architecture, proven semantic graph, and robust APIs gave us the agility to lead the market with a solution that combines the latest generative AI with trusted BI," said Saurabh Abhyankar, Chief Product Officer at MicroStrategy. "And now, with Auto added to MicroStrategy AI, we’re enabling customers to build and deploy custom AI bots in minutes. But this is just the beginning. We have dozens of new features underway for MicroStrategy AI that will help every organization capitalize on our vision for Intelligence Everywhere." About MicroStrategy Incorporated MicroStrategy (Nasdaq: MSTR) considers itself the world’s first Bitcoin development company. The MicroStrategy software business develops and provides industry-leading AI-powered enterprise analytics software that promotes our vision of Intelligence EverywhereTM. Our flagship cloud-native platform, MicroStrategy ONE, is trusted by the most admired brands in the Fortune Global 500 to drive business agility, efficiency, and revenue. We also use our software development capabilities to develop Bitcoin applications. We believe the combination of our operating structure, bitcoin strategy and focus on technology innovation provides a unique opportunity for value creation. MicroStrategy, MicroStrategy AI, MicroStrategy Auto, MicroStrategy ONE, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. For more information, please visitMicroStrategy Marketplace listingor contactMicroStrategy. View source version on businesswire.com:https://www.businesswire.com/news/home/20240326000411/en/ Contacts MicroStrategy IncorporatedBarbara DorfVice President, Brand and [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Dietrich Knauth\nNEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.\nU.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.\nCrypto prices have risen sharply since Genesis filed for bankruptcy, and DCG and Genesis disagreed over who should benefit from the rise in prices. Bitcoin, for example, was worth $21,084 in January 2023, compared with its current price of $67,000.\nLane rejected DCG\'s objection, ruling that even if customer claims were capped at the lower prices, Genesis would have to pay many other creditors, including federal and state financial regulators that had asserted $32 billion in claims, before it was able to give money to its equity owner DCG.\n"There are nowhere near enough assets to provide any recovery to DCG in these cases," Lane wrote.\nGenesis is paying customers back in crypto where possible, but it does not have enough cryptocurrency to give back everything it owes.\nGenesis attorney Sean O\'Neal said Friday that the company disagreed with DCG\'s assertion that customers could be paid "in full" based on the lower cryptocurrency prices in January 2023.\n"We don\'t buy into the idea that claims are capped at the petition date value," O\'Neal said.\nGenesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.\nDCG could not immediately be reached for comment late Friday.\n(Reporting by Dietrich Knauth; Editing by Sandra Maler and Leslie Adler)', '• US stocks traded mostly higher on Friday, with all 3 major indices sitting just below record highs.\n• A cool April CPI report buoyed hopes of Fed interest rate cuts later this year.\n• Investors will look to see if the gains can spill over into next week, which is set to be a busy one for AI developments.\nThe Dow Jones Industrial Average closed above 40,000 for the first time on Friday, closing out a strong week of gains fueled by upbeat inflation data midweek.\nThe index secured the closing milestone after briefly crossing it earlier in the week before sinking back down. Rate cut optimism fueled the gains for the week, withApril\'s consumer price index dataproviding the first positive news on the inflation front all year.\nThe S&P 500 rose about 1.5% for the week, buoyed by solid earnings results from consumer giant Walmart and anApril CPI report that showed cooling inflation.That CPI report boosted investor hopes that the Federal Reserve will cut interest rates later this year.\nInvestors will look to see if the stock market records can extend into next week, which is set to be a busy one for AI developments.\nMicrosoft will host multiple AI events, showcasing its newest hardware and software products, while Nvidia is set to report its first-quarter earnings results after the market close on Wednesday.\nFundstrat\'s Tom Lee said investors should keep buying stocks even with the recent record highs in stocks, as he expects more AI developments to push stock prices higher.\n"Overall, we expect these events/earnings to reinforce the improving visibility and capabilities of AI and the related spending. And as a consequence, will be an overall positive for Technology stocks and the broader market," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,303.30, up 0.12%\n• Dow Jones Industrial Average:40,004.35, up 0.34% (\n• Nasdaq composite:16,685.97 up 0.07%\nHere\'s what else happened today:\n• JPMorgan CEO Jamie Dimon warned that inflation is worse than people thinkand that the stock market is too optimistic about a soft landing.\n• BlackRock\'s global chief investment officer Rick Rieder said that in order to tame inflation further,the Fed might actually want to cut interest rates.\n• Billionaire investor Stanley Druckenmiller slashed his Nvidia stake by 72% last quarterand made a massive bet on small cap stocks.\n• The world\'s top golfer Scottie Scheffler was detained by police Friday morningoutside of the Louisville golf course that is hosting the PGA Championship.\n• A top OpenAI executive resigned from the company and warned aboutthe importance of preventing the development of dangerous AI technologies.\n• GameStop stock plunged on Friday after the company said it would sell up to 45 million sharesto raise cash and warned about a big drop in its first-quarter revenue.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.04% to $79.56 a barrel.Brent crude, the international benchmark, rose 0.84% to $83.97 a barrel.\n• Goldedged higher by 1.48% to $2,420.70 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.42%.\n• Bitcoinjumped 2.60% to $66,945.\nRead the original article onBusiness Insider', "Nangeng Zhang; Chairman of the Board, Chief Executive Officer; Canaan Inc\nJames Cheng; Chief Financial Officer; Canaan Inc\nKevin Dede; Analyst; H.C. Wainwright\nShuang Sun; Analyst; Guosheng Securities\nOperator\nLadies and gentlemen, thank you for standing by, and welcome to Canaan Inc's first quarter of 2024 earnings conference call. (Operator Instructions) Please note that this event is being recorded.The company's financial and operating results released by the newswire services earlier today and are currently available online. The company has also prepared a presentation for today's call. You may view the presentation and navigate through the slides and the webcast page for the first quarter 2024 earnings call on the company's IR website.Joining us today, Canaan Inc's Chairman and CEO, Mr. Nangeng Zhang; and CFO, Jin Cheng James. In addition, Mr. Leo Wang, Head of Capital Markets; Ms. Xi Zhang, IR Manager, will also be available during the question-and-answer session. Mr. Zhang will start the call by providing an overview of the Company and performance highlights for the quarter. Mr. Cheng will then provide details on the Company's operating and financial results for the period, before we open the call up for your questions.Before we continue, I would like to refer you to our safe harbour statement in our earnings press released. Today's call will include forward-looking statements. These statements include but are not limited to our outlook for the Company and statements that estimate or project future results of operations or the performance of the Company.These statements speak only as of the date hereof and the Company assumes no obligation to revise any forward-looking statements that may be made in today's press release, call or webcast, except as required by law. These statements do not guarantee future performance and are subject to risks, uncertainties and assumptions.Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our most recent annual report on Form 20-F for information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements.In addition, during today's call, and webcast, we will discuss both GAAP financial measures and certain non-GAAP financial measures, which we believe are useful as supplemental measures of the Company's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results in our earnings press release, which is posted on the company's website.And with that, I will turn the call over to our Chairman and CEO, Mr. Nangeng Zhang. Please go ahead, sir.\nNangeng Zhang\nHello, everyone. This is NG, CEO of Canaan. Thank you for joining our conference call. Our CFO, James and I are at the company's headquarters in Singapore to share our quarterly results with you. The first quarter of 2024 was the last quarter before Bitcoins fourth halving. During the Q4 of 2023 earnings call, I forecasted this to be a Super Wait-and-See Period. Based on the past experience in the last quarter before halving in Bitcoin systems, miners typically waits for the halving to actually occur and the market dynamics become stable before adjusting their investments and mining purchasing plans.They also tried to maintain the stable operation of the existing computing power to maximize the remaining value of their equipment. Therefore, transactions during this period are generally very flat. The only variable was a rapid fluctuation in bitcoin price during this quarter, reaching a historical high of USD33,000. We seized this opportunity to make maximum efforts in sales activities, selling a total computing power of 3.4 million tera hash per second, and achieving a total revenue of USD35 million, surpassing previous expectations.At the same time, participating our market recovery will continue to proactively prepare ROS expects in including the mass production of new products and R&D integration of next-generation products. Striving to improve mining operations and a complete power deployment, we maintain the close cooperation with our foundry partners on the supply side. Playing out compacity, the ones for the bull market, our efforts have yielded positive results.Now let me share with you one-by-one. In terms of research and development, we are delighted to announce that we officially launched our company's new generation of mining machine. So A15 series, as Bitcoin Asia 2024 in Hong Kong on May 9. So A15 series adopt more advanced designs and process nodes, achieving significant improvements in both computer and power and energy efficiency compared to the previous generation.At the event, we showcased the A1566 engineering prototyping machine with actual computing power exceeding 185 tera hash per second and energy efficiency better than 18.5 joules per tera hash. The machine operated very stably, demonstrating excellent performance. We believe that A15 series, will become more competitive product to choice in the post halving computing power market.Meanwhile, this quarter, our A14 products have entered mass production and delivery. Through close collaboration with Florida partners, we have completed compacity ramp-ups and yielded with improvements this quarter. As we entered the second quarter, A14 serious products have become concentrated delivery and will transition to support sales in the third quarter. We will continue to monitor the pace of compacity, locking US capital into mass production and amidst order delivery needs.Additionally, the R&D of our next-generation product the A16 series is proceeding as planned. This quarter, we once again introduced products to the consumer market. So Avalon Nano 3 mining heater, this product with its portable and light weight design under various colours, received active contract orders from consumer market since its launch.We continue to provide the customers with more diverse and customized products in the comprehensive mining solutions, such as integrated mining container products. We have received positive feedback from customers regarding products performance, durability and the service quality. In terms of mining machine sales, this quarter we heated 3.4 million tera hash per second of computing power, reflecting the wait and see attitude towards purchasing sports mining machine before the halving.Additionally, as we transition through product integrations, we have completed the first batch delivery of our A14 per sale orders in the first quarter and are now accelerating mass production deliveries. Since the presale on-shelf A14 product in late 2023, [days] has continued to be popular, by the end of the first quarter. Customer advances primarily driven by A14 products amounted to about USD39 million, nearly double to USD19.6 million at the end of 2023.After the successful completion of halving in the second quarter, we have seen a significant increase in purchasing inquiries and expect to receive more customer advances. Our A15 series products made their official debut at Bitcoin Asia, 2024 in Hong Kong on May 9. And within three days after the summit on May 12th, we signed MOUs and received earliest deposits from 26 customers, which we are currently following up on forming contract sales.Over the past few years, the company has established presales coverage in markets with energy cost advantages. After the halving, customers in this market continue to show active interest in our traditional models. Based on the current situation, we are optimistic about the sales pace of A13 spot inventory and expect to complete the transaction of mainstream products for sales in the third quarter of this year.Additionally, in North America, where institutional miners are concentrated, we are working to enhance brand and product recognition. Besides various cooperation with public traded companies such as Cipher and Stronghold, this quarter we also signed an agreement with Marathon Digital for the first time, at the Bitcoin industry conference in Dubai and Hong Kong this year, we actively discussed cooperation opportunities within institutional and distributor customers.In Southeast Asia, distributor customers generate sales revenue of USD5.7 million for the quarter, up by 27% sequentially, making a stable contribution to sales orders. Our online store, for overseas retail clients, continues to diligently serve each customer, especially after the launch of the consumer-oriented mining machine, Avalon Nano 3, which has attracted active orders from individual e-services and current orders of near 10,000 units. Occasionally selling out.The company’s comprehensive mining solutions also received more orders this quarter. By the end of the first quarter, our mining business installed a computing power increased to 3.8 Exahash as per second, a nearly 100% growth quarter-over-quarter. The growth is primarily due to our continued partnership adjustments and the recovery efforts in Kazakhstan after obtaining the necessary licenses, as well as the progressive deployment of mining cooperation projects in other regions, further diversifying our mining operations.During this quarter, the energization condition was favourable and with the combined impact of the rapid increase of Bitcoin price from January to March as well as the rise in transaction fee rewards, we achieved mining revenue exceeding USD10 million this quarter. By the end of Q1, the number of bitcoins held by the company increased by 148, surpassing 1,000 for the first time to reach 1,057 bitcoins, with a current market value of over USD65 million. We will continue to carefully balance policy stability and location advantages of energy costs and persist in cultivating our mining business.Since the first quarter, the company has continued to improve as overall operational level by pushing forward and adopting flexible sales and sales strategies. We have made good progress in clearing out inventory, significantly reducing the inventory levels on the balance sheet, we’re also optimizing the inventory mix, coupled with gradual collection of accounts receivable. Sales -- cash inflows have continued to improve.As the number and the value of bitcoin held by the company increased, this portion of currency assets will provide us with substantial, potential liquidity safeguard. While maintaining an overall robust balance sheet and keeping cash at a safe level, we endeavour to direct cash towards mass production. This is reflected in increased prepayments, primarily used for securing production capacity of advanced processing technologies. On the expense side, the organization's optimizations made previously showed further positive effects in the first quarter.As part of overall market conditions this quarter, the Company continues to implement pricing strategies to drive sales, which has resulted in some inventory write-downs. However, the overall net loss of this quarter has. So the news is that it's narrow.Since the first quarter, apart from the previously disclosed USD50 million settlements of preferred stock, the company has not engaged in any other financing activities, including ATM offerings. In line with routine practice for US listed companies, our new shelf registration statement was submitted to the SEC just before the expiration of the [last one] to maintain the validity of our financing eligibility.Looking ahead of the second and third quarter of 2024, our A14 mining machines have successfully passed through the stages of transition to mass production, compacity ramp-up and yield rate improvement. Entering the phase of accelerated buck delivery. Regarding our mining operations, post halving, we are evaluating and adjusting our existing mining projects. Recently, especially after the official launch of new A1566 product, there has been a significant increase in inquiries for mining machine sales. And we have already received several earnest deposits.Now we are swiftly advancing the shipment for [Proco] machines, aiming to convert these intentional orders into actual sales contracts as quickly as possible. Based on our -- my personal experience in the weeks following the halving, miners will gradually start their computing power purchases preparing for the new full year cycle. This process will also initially reflect in volumes and our supply and the dynamic shift, computing power prices expected to recover more quickly. However, we need to note that the Fed’s interest rate cut cycle has not yet begun, resulting in high financing costs for miners and there's uncertainty regarding the timing of bitcoin price increases, posting challenges to the industry.Based on the comprehensive situation described above, we maintain a cautiously optimistic outlook for the second and third quarters of 2024. For the second quarter of 2024, the company expects total revenue to be approximately USD70 million. For third quarter of 2024, the company expects total revenue to be approximately USD70 million. This forecast is based on the current market and operational conditions of the company, and actual results may vary.Overall, the period leading up to the 2024 bitcoin halving, including entire first quarter for the super wait-and-see season for the mining machine market. However, we also witnessed many positive changes within the industry and at the company’s level. At the beginning of 2024, the Bitcoin spot ETFs was approved for listing by the US SEC. And by the end of April, the Hong Kong Stock Exchange approved the listing of multiple currencies for ETFs. These milestone events will further encourage traditional finance to participate in bitcoin’s development. By the end of the first quarter, the price of bitcoin reached a new all-time high of USD73,000.On April 20, the Bitcoin trading system, which has been operating smoothly for 15 years, completed its fourth halving schedule, starting a new four-year cycle. This series of events confirm that the Bitcoin trading system has formed a strong consensus and continuously expanding its user base, forming a closer connection with traditional finance, all of which indicates a broader potential of industry growth. Looking at the underlying operation of Bitcoin trading system, with the smooth completion of halving, we anticipate that on one hand, existing miner will face a new wave of equipment upgrades.On the other hand, as the bitcoin price stabilizes and increase after halving, more miners are expected to join the mining activities, which will significantly boost the demand for computing power. However, due to the limited production compacity on bitcoin computing power supply side, the shift in supply and demand relationships may potentially drive the prices of computing power.Company’s A14 products are being delivered successfully and the new A15 series products have debut and opened for pre-sales. And our one-stop comprehensive mining solutions and Avalon Nano 3 products are being brought to market, they are gradually gaining recognition for more customers.On the product side, the company is addressing to the world’s needs of different customers with a richer and more efficient selection of products. At the same time, we continue to lock in production compacity on the supply side with advanced process and comprehensively reach customers at a sales level.Recently, the company’s management, including myself, announced a proposed ownership expansion plan. We are very confident in seizing the market opportunities driven by the certain demand of hash rate, continuously supporting the bitcoin network with our computing power and creating long-term value for our shareholders.This concludes my prepared remarks. Thank you, everyone. I will now turn the call over to our CFO James. Thank you.\nJames Cheng\nThank you, NG, and good day, everyone. This is James speaking at our Singapore headquarters. As NG started at the top of the call, this quarter was a super wait-and-see period that occurs every four years, as the last complete quarter before the halving event of this point.Despite the subdued market, we continue to execute our strategy. First, we were committed to wafer capacity investments and R&D activities of new generation machines. This allowed us to deliver A14 series since April, to upgrade our products achieving breakthroughs in A15 series and to enrich our product portfolio with Avalon Nano 3 and integrated mining solutions.Secondly, we enhanced the flexible and multichannel sales strategy to enable us accelerate destocking of existing products and accumulate contract sales orders for A14 series. Thirdly, we adhered to our own mining strategy, continued to expand the mining deployment and strive for operation excellence.Last but not least, we continued to manage cash in a prudent way and streamline our expenses to make sure strategical tickets be prioritized. Let’s start the introduction from profit and loss. Q1 total revenue was USD35 million, which beat our guidance by USD2 million or 6%.Our revenue from machine sales was USD23 million, and our mining revenue was USD10 million. Regarding our machine sales, we delivered a total computing power sold of 3.4 million terahash per second, representing a year-over-year decrease of 20% and a quarter over quarter decrease of 38%.And the average selling price decreased from $8.2 per terahash per second in quarter for to $6.9 per terahash per second in quarter one, coupled with the multiple factors, including before halving the New Year and the Lunar New Year, the market demand in this quarter was quite weak, and we could only sell current inventory of older generation products. These factors lead to the decreases of our computing power sold and average selling price.From sales side, we were committed to execute a multichannel sales strategy. Our distribution channels in Southeast Asia performing in a good way, contributing USD5.7 million to our total quarter one revenue, representing a 27% sequential growth.We continue to gain from Southeast Asia region after moving headquarters to Singapore and developing distribution channel in different countries like Thailand, Malaysia and Indonesia. I’d like to discuss the orders and the revenue of our integrated mining solutions, which diversified our product revenue streams.In quarter one, we received the customer payments of USD4.9 million from purchase orders for our integrated mining solutions. These orders are gradually delivered, therefore USD0.2 million was recognized in quarter one revenue, the remaining USD4.7 million will be delivered in quarter two and it contributes to our quarter two revenue.Specifically, for our mining machine sales, we accrued USD47.5 million for inventories write-down, prepayment write-down and a provision for inventory purchase commitments in this quarter. Representing a 14% decrease sequentially. The decrease was driven by accelerated de-stocking in this quarter.Those non-cash write-downs and provisions are made under US GAAP rules, jeopardizing our gross profit but do not impact our cash status. If the above write-downs and provisions were excluded, we would have a gross profit of USD0.1 million for mining machine sales.Turning to our mining businesses. Our mining revenue increased 182% quarter over quarter. We mined 195 bitcoins in this quarter, an increase of 92% over the last quarter. The increases were not only driven by increases in bitcoin prices but also by increases in our energized hash rate. Our average revenue per bitcoin in quarter one increased 47% over the last quarter from almost USD37,000 to almost USD54,000.Our energized computing power in Kazakhstan recovered to 1.1 exahash in quarter one. We also further expanded our mining business in Africa increasing our energized hash rate to 0.9 exahash. At the end of quarter one, our energized hash rate totalled 3.0 exahash per second, increasing 58% over the last quarter.Our mining profit was 121 bitcoins, which increased 250% compared to the last quarter. Gross profit doubled quarter-over-quarter to USD3.5 million for our mining business. Please note here that mining profit or loss is defined as money revenues in net of costs for energy and hosting, but without consideration of depreciation for the deployed machines.Now turning to expenses. Our operating expenses totalled USD31 million, decreasing 19% year-over-year and 22% quarter-over-quarter, respectively. Staff costs including share-based compensation, decreased 27% year-over-year and 11% quarter-over-quarter, driven by organizational optimization performed in quarter four last year.As the bitcoin price rose, no further impairment for our self-mining machine was accrued in this quarter, which reduced the operating expenses by USD6 million compared to the last quarter. I want to point out that we chose to early adopt the FASB new accounting rules on cryptocurrency assets since January 1, 2024, which allow crypto currencies to be carried at their fair market value.According to this accounting rules, the cumulative effect of USD19 million was recorded to the opening balance of our retained earnings. As the bitcoin price increased from USD42,000 on January 1, 2024 to USD70,000 on March 31, 2024 again on fair value change of USD33 million was recognized in our quarter one profit and loss.As the second tranche of preferred shares was issued in January, we recognized the remaining unconverted preferred shares as a liability and recorded a non-cash gain on fair value of USD2 million according to US accounting rules compared to a non-cash loss of USD10.9 million in quarter four.Benefiting from the narrowed gross loss, the lower expenses and again from the fair value change of cryptocurrency and the financial instruments, quarter one net loss was USD39 million, narrowing 72% quarter-over-quarter and 53% year-over-year.Turning to our balance sheet and cash flow. In quarter one, we generated USD48 million of cash inflows from sales, received USD50 million from preferred shares financing facilities and USD10 million from export VAT refunds. We paid USD88 million to secure our wafer supply and USD61 million for production and operation.Our increasing investment in wafer supply is aimed at enabling the concentrated delivery and spot sales of our A14 series product in the following quarters. Consequently, at the end of quarter one, we held cash and cash equivalents of USD55 million on our balance sheet.Now moving on to our contract liability. Our A14 series has continued to be popular since the presale beginning in late 2023. The balance of contract advances reached USD39 million as of this quarter end, nearly doubled from USD19.5 million at the end of the last quarter.As of the end of quarter one, we recorded account receivable of USD1.6 million a decrease of 45% compared to the last year end. We will continuously evaluate market demand and adopt corresponding credit policies with caution.Now turning our attention to our bitcoin assets. The bitcoins we held as our own holding assets kept growing in this quarter and reached a record high of 1,057 bitcoins as of March 31 which is 148 more than the 9,009 at the end of last year.As previously mentioned, we adopted the FASB new rules effective January 1, 2024. On March 31, the fair value of our owned bitcoins totalled USD75 million. Combined our balance of cash and owned bitcoins demonstrated approximately USD130 million of liquidity.Turning to our fund raising. In early January 2024, we closed the second tranche of our preferred share financing, raising total net proceeds of USD49.9 million. This has been reported in the previous quarterly release. After that, we have not done any fundraising.We expect our quarter two revenues to be USD70 million and quarter three revenues to be USD70 million, respectively. We are glad to see that our A14 products are being successfully delivered. The new A15 series products have debuted and opened up for pre-sales and our one-stop comprehensive mining solutions and Avalon Nano 3 products are gaining recognition from more customers.We will continue to address the diverse needs of our varied customers with a richer and more efficient selection of products. This concludes our prepared remarks. We are now open for questions.\nOperator\nThank you. We will now begin the question-and-answer session. (Operator Instructions)Kevin Dede, H.C. Wainwright.\nKevin Dede\nHi James -- Yes, hi, NG and James, thank you very much for having me on the call. Can you hear me okay?\nJames Cheng\nYes.\nNangeng Zhang\nYeah.\nKevin Dede\nGreat. Okay. So NG right off the bat, I'm going to apologize because my first question is long and a little convoluted, but I think you'll understand where I'm going and I know you gave me a great answer. So I'm wondering how these all these factors combine together.Number one, we have many Canaan new products coming to market. We have the A14 and we have A15 coming soon and the A16 in R&D. So I'm wondering how you balance product cycles against the fact that liquid cool machines tend to last longer and semiconductor improvements are incrementally less from process geometry change to process geometry change.\nNangeng Zhang\nYeah. Good morning, Kevin. I think in the terms of our major product series, we are still in the cycle of iterating generations roughly every three quarters. This pattern also applies to our next-generation product. I think this is beneficial for both customer choices and hash rate deployment planning, because you have a quite clear prediction of new product. And in terms of power efficiency, our mainstream products released last year, have entered the range of 20 to 25 joules per hash. And with the products on first, half of this year are in the 15 to 20 joules per terahash range.And I believe the next target for the industry will be in the 10 to 15 joules per terahash later this year or next year. These R&D efforts are progressing systematically. Yeah. So also, I want to mention, apart from the chief developments, we are actually accelerating in the machines to mass production stages.I have examples here, A15 batch hash as an example, we went from receiving the chips to have a stable running machine in less than 72 hours. And within less than 10 days multiple [proco] machines with excellent performance and the stable operations will showcase in public events like exhibitions.And yeah, for today, we are in the process of sending fresh proto machines to customers for testing. Yeah, so we are continuing to improve our user experience. Yeah, we have comprehensive solutions from the machines to like \u200eAvalon Box containers, even the consumer Avalon Nano 3 products. Yeah, so I think we will give you some guidance for the -- what will happen in the next like 18 months or two years.\nKevin Dede\nOkay. Thanks, ND. You made it very clear, both James and you made it very clear that you're holding over 1,000 Bitcoin. And I'm wondering, I'm sure many people are wondering how you consider that are. Would you consider selling them at some point in order to raise capital, in order to fund your business and understand $88 million for a wafer run?That's a lot of money. So just kind of I'm just kind of wondering how you're thinking about that.\nNangeng Zhang\nI think for the Bitcoin final holding, today, our company’s policy is only use the bitcoin to pay the mining electricity bill. And all of other bitcoins we will hold. And also when we receive some bitcoins from our small sales, we will hold most of them.I mean we will close most of the profit from the sale. Yes, and currently, we have no plans to sell the bitcoins. But I think we are considering to make the -- maybe do some like financing operations to let the bitcoins generate more bitcoins. I think maybe James can have some idea on this.\nJames Cheng\nYeah. Currently we are starting on different approaches as using Bitcoins as collateral and also can generate a new financing interest either in Bitcoin or in other crypto currencies like the USDP. So we are talking to different vendors to see the possibility and the potential to generate more cash flows and the profit for our shareholders. I think we are still in the starting phase. And once we get some solutions, we will let our investors know that. Thank you for the question.\nKevin Dede\nOkay. Last question for me. Just curious about your perspective on the competitive environment. You know, obviously Jihan Wu is back in the market a bit here. The Aerodyne machines are expected to come out this year. I appreciate your perspective on Canaan's revenue. You obviously have a pretty bright outlook. I'm just wondering how you see that competitive environment shaking out.\nNangeng Zhang\nThank you, Kevin. Yes, we have also noticed some new entries in the market recently. Some have announced that their designs are in the tape out space, where others have shared results from like chip testing. However, I think the results expectation, we have not seen [pack] machine deliveries in the open market yet. So once machines are actually delivered to the market, we will conduct research.However, we cannot comment on products that have not been delivered. I think the entry of new players indicate that the bull market for mining machines is approaching. It’s mainly seeing the industry prospects and choosing to invest and enter the market.At the same time, this phenomenal also suggests that the industry, including ourself, eventually have errors that not fully satisfy our market partners or our customers in terms of like product's pricing, customer service, customization and sales coverage. I think this led us to accelerate products and improvement. And the entry of these new players clearly brings more vitality to the industry.But of course, the barrier to enter the mining machine business is extremely high now, and I think developing an excellent mining chip is already very challenging at this stage. However, this is like just at the back journey of hardships towards growing into an excellent brand and road ahead is indeed a lot.It has been 11 years since ideally we're the world’s first AC bitcoin mining machines to customers. And although we have accumulated a lot of experience over time. My respect for this industry has only grown. So in preparation of this cycle, we have made a lot of preparations, including not only a road map for new products, but also production compacity deployment.I think additionally, as mining machine providers, we must continuously serve our customers, especially during industry downturns, which is not easy. I think I have endured several past cycles, only a few including us have persisted, and we are the only one among with publicly listed company. Sorry, for being a little bit long. Thank you.Thank you very much, gentlemen. I appreciate you taking the time to answer my questions and thanks for having me on the call.\nJames Cheng\nThank you, Kevin.\nNangeng Zhang\nThank you.\nOperator\nSharon Flynn, caution securities.\nShuang Sun\nHello. Hello, (foreign language) Please share more colour on A1566 product.\nNangeng Zhang\nThe you mean the performance or --\nShuang Sun\nYeah.\nNangeng Zhang\nOkay, I think we have already demonstrated our A15 series. The model is A1566, in the Hong Kong event. And with an average computing power of 185 terahash per second and power efficiency of better than 18.5 joules per hash. I think this performance is on par with competing products currently on the market.Yeah. So I think at this stage, we are preparing the proto machines to our customers to demonstrate the machines on the field. So everything is going very smooth. We hope we can push it to mass production as soon as possible. Yeah, but there is really a long production period due to the cutting-edge technology. So it’s still some months away.\nShuang Sun\n(foreign language) Please share your review of the continuity of company's operations.\nJames Cheng\nThank you, Sun. So I will take this question. I think first of all, we should take a look at our balance sheet. In the end of March 31, we have $55 million cash on hand and also we have another 1,057 Bitcoins. You know, as of today, it is equals like USD65 million, putting this together, we have the liquidity total liquidity like $120 million together. And you know, in quarter one, our expense together is about $31 million, which including like a one-third of the expense is non-cash expense.So actually, the cash expense for routine business is like a $20 million per quarter, so $120 million compared to the $20 million spending. So that means another six quarters to go if we don't do anything. But of course, we are doing it, preparing patients for bull market, we will have to be very careful about the, you know, cash management.I think currently we have already seen a lot of the improvements from cash inflows as the A14 series has already been delivered on schedule, and we have already collected cash gradually from our customers. Step-by-step, we will collect more cash in quarter two and quarter three as we predicted that the revenue will be higher.And also most of the credit customers has already completed payments for their orders and our account receivables have decreased sequentially, the sales cash in early inflows I think has already been show that in the customer advances doubled the previous customer advances.And so I think from the inflows, a lot of good news. On the other hand, we have to control the capacity of pace and unlocking proportion of it cash into mass production. That's something we have to do. That's why in Q1 our cash payment to lock the wafer is about $88 million. So it's a lot.So putting this together, while we maintain this level of cash reserves, while we have the more than 1,000 coins, we have a substantial potential liquidity safeguard on hand.Looking to me it's quite safe. Overall speaking, the company is able to maintain continuous operations with overall risks being relatively controllable but of course, and we have to look very carefully in a prudent way to manage that cash.Thank you for the questions, Sun.\nShuang Sun\n(foreign language) Please share your view on the timing of return to profitability this year.\nJames Cheng\nYeah. I think profitability is always the question from investors. People would like to see the bear market end and to see our profit coming back as the bull market. I think the most interesting thing in our industry is the average selling price. I think that we can see our past three years average selling price could be below $7 per terahash or above $70 per terahash.So I think the main factor driving profitability is still the increase in computing power prices. I think this fundamental reason behind the rise in computing power prices is still the shift in supply and demand dynamics. As the price of bitcoin increases, attracting more miners into the market, there could be a surge in demand for computing power.With this kind of condition, under such cases, given the limited supply capacity of the advanced process using in our mining machines. I think the price of computing power could potentially rapidly increase. So therefore, it is anticipated that after halving as our bitcoin price is still fluctuating. But after it is stabilized and raised, the total network computing power decreases, the expanded profitability of mining could potentially attract a large number of new miners coming in. So as miners begin to purchase computing power, sales volume will initially kind of react.And as the supply-demand relationship changes, computing power prices will quickly recover. So currently, computing power prices have already been recovering from the market low. Our current assessment is that loss could continue through the first two or three quarters of 2024.But there is a big potential opportunity for gross margin to turn positive or even significantly improve in the third and fourth quarter, especially the fourth quarter. So for the full year, we will try our best to see if there is any possibility to get breakeven. But it looks to me, the trajectory will be from the loss to earnings in the coming one year time. Step by step, we will be there. Thank you, Shuang.\nShuang Sun\n(foreign language) Do you still have financing plan going forward?\nJames Cheng\nAnd I think after A14 series shipment, we have already seeing more active purchasing inquiries and a stronger sales cash inflows after halving an after A14 series shipment. So it looks like a cash flow operations and the balance sheet are also improving.So I think -- as just to mention, we have already did the financing in four and quarter one of 2024 with a total cash like $136 million. We do not have any urgent equity financing plans in the near term. So I think that's a clear answer. We do not have urgent equity financing plans in the near term. Thank you, Shuang.\nShuang Sun\n(foreign language)\nOperator\nThank you, Shuang. Thank you.As there are no further questions. Now I'd like to turn the call back to the company before any closing remarks.\nNangeng Zhang\nThank you once again for joining us today. If you have any further question, please feel free to reach us through the contact information provided on our website.\nOperator\nThank you. That concludes the call today and thank you everyone for attending. You may now disconnect.", 'According to the latestCrypto Wealth Reportfrom Henley & Partners, there were 40,500Bitcoin(CRYPTO: BTC)millionaires in the world at the end of last year. That\'s more than any other cryptocurrency, and it\'s not even close. So we know thatBitcoindefinitely has a track record of creating crypto millionaires.\nBut that was then, this is now. Nearly a decade ago, some investors became millionaires by investing when Bitcoin was still trading for less than $1,000. Today, Bitcoin is trading at around $63,000, so the task of becoming a millionaire is much more daunting. Does Bitcoin still have the power to turn you into a millionaire?\nThe starting point for answering that question, of course, is sifting through the various Wall Street price predictions for Bitcoin and finding one that you feel comfortable using. Obviously, the higher the price estimate you use, the easier it is to forecast becoming a millionaire one day.\nAs for me, the one price estimate that I\'m using is the $1 million price forecast from Cathie Wood of Ark Invest. She made that forecast in 2022, well before the arrival of the spot Bitcoin ETFs or the recent Bitcoin halving. Since then,she has raised that future price estimate to $1.48 millionand then $3.8 million.\nIn order to come up with her initial $1 million price estimate, Wood looked at eight primary use cases for Bitcoin, and then made a few projections about the growth rate for each. So, for example, she projected that institutional investors would eventually boost their allocations to Bitcoin to 6.5% by the year 2030.\nGiven that Wood made this prediction before the arrival of the new spot Bitcoin ETFs, it actually looks fairly clever today. But it\'s still a relatively aggressive prediction, given that Bitcoin portfolio allocations today are typically closer to 1%.\nOnce you have a price estimate that you feel comfortable using, it\'s time to work backwards and figure out how much effort needs to go into becoming a crypto millionaire. If you have $63,000 to invest today, almost zero effort is required. You could simply invest all of your money (yikes!) in Bitcoin now, hold on for dear life, and by 2030, you might wake up a crypto millionaire.\nBut that\'s not practical for two reasons. For one, it ignores the concept of portfolio diversification. Sure, you might have $63,000 to invest right now, but you\'d probably want to spread that money out into a few diversified investments. Never put all your eggs into one basket, right?\nSecond, unless you\'re already a member of the Top 1%, you may not have $63,000 to invest in crypto right now. So you\'d have to come up with a strategy for building a $63,000 "starter" nest egg first. And you\'ll probably need much more than that, because Bitcoin will have likely increased in price at the same time as you\'re scrambling to come up with that initial $63,000.\nOne way to solve this problem is by using a strategy of dollar-cost averaging. Simply stated, you would commit to investing a set amount into Bitcoin, every month, like clockwork, until you reach your $63,000 goal. So, for example, you might decide to invest $1,000 per month, every month, for the next five years. That would get you close to your $63,000 goal.\nBut, alas, being a patient, long-term investor is not the only part of becoming a Bitcoin millionaire. That\'s because Bitcoin is a very volatile asset, and price swings can be dramatic. Yes, Bitcoin has the potential to skyrocket in value, but it also has the potential to go on some epic portfolio-deflating losing streaks.\nIn fact, Cathie Wood has documented at least four different "Bitcoin drawdowns" in which the price of Bitcoin fell by more than 77%. That includes the nightmare "crypto winter" of 2022, when Bitcoin absolutely cratered in value.\nSo imagine a hypothetical scenario in which you had finally amassed $500,000 in Bitcoin holdings, well on your way to millionaire status. But what if the next year turns out to be a stinker, and you lose 77% (or more) of your investment? You\'d be back to square one, trying to put together all the pieces of your shattered Bitcoin nest egg.\nThat being said, I do think Bitcoin still has millionaire-maker potential. But the table stakes have increased markedly since Bitcoin first launched in 2009. Back then, you might have been able to become a millionaire with just a tiny investment of $1,000 or less. But now, given the elevated price of Bitcoin, you might need $63,000 or more to hit that mythical milestone.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $578,143!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire-Maker?was originally published by The Motley Fool', 'According to the latestCrypto Wealth Reportfrom Henley & Partners, there were 40,500Bitcoin(CRYPTO: BTC)millionaires in the world at the end of last year. That\'s more than any other cryptocurrency, and it\'s not even close. So we know thatBitcoindefinitely has a track record of creating crypto millionaires.\nBut that was then, this is now. Nearly a decade ago, some investors became millionaires by investing when Bitcoin was still trading for less than $1,000. Today, Bitcoin is trading at around $63,000, so the task of becoming a millionaire is much more daunting. Does Bitcoin still have the power to turn you into a millionaire?\nThe starting point for answering that question, of course, is sifting through the various Wall Street price predictions for Bitcoin and finding one that you feel comfortable using. Obviously, the higher the price estimate you use, the easier it is to forecast becoming a millionaire one day.\nAs for me, the one price estimate that I\'m using is the $1 million price forecast from Cathie Wood of Ark Invest. She made that forecast in 2022, well before the arrival of the spot Bitcoin ETFs or the recent Bitcoin halving. Since then,she has raised that future price estimate to $1.48 millionand then $3.8 million.\nIn order to come up with her initial $1 million price estimate, Wood looked at eight primary use cases for Bitcoin, and then made a few projections about the growth rate for each. So, for example, she projected that institutional investors would eventually boost their allocations to Bitcoin to 6.5% by the year 2030.\nGiven that Wood made this predictio Last 60 Days of Bitcoin's Closing Prices:* [61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-18 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,322,368,984,569 - Hash Rate: 529065875.9318188 - Transaction Count: 401264.0 - Unique Addresses: 434371.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the Bitcoin networkcompletedits fourth“halving”on Friday evening, the price of the cryptocurrency has only risen slightly, as rewards for miners adding a new block to the blockchain were slashed to 3.125 from 6.25. Historically, halving leads to price surges, but the original cryptocurrency hasn’t yet gained 4% since the event, trading around $66,500 as of early Tuesday afternoon. There are various reasons for Bitcoin’s price remaining fairly steady so far, and HODLers may have to play the waiting game to reap the rewards, experts toldFortune. “The halving had no immediate impact on price. The market impact of Friday night’s movement from the fourth to the fifth epoch will be felt over the ensuing weeks and months,” Mark Connors, head of research at 3iQ, toldFortunein a note. He added that the extent to which prices change largely will depend on hashrate (the total computational power being used to mine Bitcoin). “Friday night,” Connors added, “was more about observing the expected programmatic shift materialize: Did it execute as expected? We now can check that box.” Bitcoin’s price hasn’t swung massively in either direction is the result of “buy the rumor, sell the news” investors pushing prices down, which may be why Bitcoin dropped 12% in the two weeks before the halving. This retreat was somewhat expected, Vetle Lunde, a senior analyst at K33 Research,previously toldFortune,because the halving had been both widely documented and was anticipated by the Bitcoin algorithm. The halving affects price due to media attention, historical precedents incentivizing traders, and supply scarcity, Laurence Smith, senior strategist at Consensys, said in a note. But the impact of these factors on markets can be slow, he added. "Media attention draws retail users that are slower to react than professional traders, who conversely, are more likely to be buying the rumor, selling the news, in anticipation of a price spike, which limits the immediate upside,” he said. Historically, the best day to sell Bitcoin has been 500 days after a halving, Markus Thielen, founder and head of 10x Research, previously toldFortune. Meanwhile, Bitcoin-related stocks have seen some dramatic gains. MicroStrategy, the largest corporate holder of Bitcoin, was trading near $1,350 midday Tuesday, roughly a 15% bump since Friday. Shares of top U.S. exchangeCoinbasewere up about 10%, to $235, meanwhile shares of Bitcoin miners have also gained, with Marathon Digital Holdings up 15%, to $9.28, and Riot Platforms up 25%, to $11.70. The subsequent price increase of the major miners suggests market confidence that they will continue to provide sufficient hashrate to ensure the functionality of the blockchain, despite the reduced rewards, by deploying more efficient hardware to maintain profitability, Matteo Greco, a research analyst at Fineqia International, toldFortunein a note. However, in the first 48 hours following the halving, the network’s hashrate dropped by around 5%, as miners either went offline or dialed down operations, to avoid losing money. “A decline in total hashrate post-halving shouldn’t be interpreted as a sign of stress within the mining industry but rather as a typical response to the event. Over time, the hashrate is expected to rebound as miners enhance efficiency and competition intensifies,” Greco said. As larger miners bought more efficient machines this year, Thomas Chippas, CEO of Argo Blockchain, anticipates that the total hashrate will increase when those computers arrive from manufacturers and are plugged into the network. “You’ll see more hashrates slowly come back online,” Chippas toldFortune.“The unknown factor, of course, is the rate of change of total hashrate on the network, the difficulty change [of production], and then the price of Bitcoin.” This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/Collector9999', 'For the people who wonder what is moving the price of silver right now', 32, '2024-05-18 00:37', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', "I guess a lot of new people want to know what is moving the price of silver right now. IMHO, I think there are several factors in play, but I think the most significant ones are those:\n\n1. The Chinese housing market crash \n\nDue to the crash, the demand for base metals is low, so the supply corrects. 70-80% of the silver is mined as a biproduct of other metals (iron, lead, zinc, copper, gold), and as base metals supply shrinks, this also squeezes the silver supply. \n\n2. The arbitrage trade\n\nThe price of silver at the Shanghai exchange is significantly higher. Due to the arbitrage opportunity, silver bought from the exchanges in USA and Europe is sold in Shanghai (easy money).\n\n3. Expectations of Fed rate cuts\n\nInflation finaly is slowing down, and the market is expecting rate cuts. This means the M2 money supply is probably going up again soon, and that's why not only silver, but gold and bitcoin also went up a lot recently.\n\nLet me know what is yoir opinion.", 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', '1cuid0d', [['u/ajflo72', 33, '2024-05-18 01:22', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4j06tx/', 'Inflation isnt slowing down. Thats another lie from Fed.', '1cuid0d'], ['u/Big_STONE3547', 18, '2024-05-18 04:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4jmwqn/', 'China is going to brrr. They are feasting on metals before the yuan plummets.', '1cuid0d']]], ['u/nomadicandrew', 'What is a really popular thing that you know nothing about?', 164, '2024-05-18 01:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', 'Bitcoin or cryptocurrencies for me, I completely missed the boat on that one and when I decided to read up on it the whole thing was beyond me.', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', '1cuji79', [['u/Dimebag0352', 128, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2ke7/', 'DoorDash, from what I understand, you basically pay more to have cold fast food delivered.', '1cuji79'], ['u/Fireball_Lore', 92, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2l8k/', "I've tried watching summaries on KPop and it was one of the first times in my life I felt completely out of touch. \n\n Pretty people singing and dancing is a pretty easy to understand formula. But KPop feels vacuous to a degree I can't even understand it.", '1cuji79'], ['u/Helgafjell4Me', 30, '2024-05-18 01:40', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2r7k/', "It's all a scam. It has no real value, it's just purely speculative BS fed by media hype and complex pseudo-technical bullshit. Some people have made a bunch of money off of it, but most have lost, some have lost everything. One of these days I believe it will all come crashing down, but for now it's still proving to be a lucrative pump and dump for people who time it right. Doesn't mean it's a good investment. It's risky AF. Many people can't even get their money out of it if they wanted to.", '1cuji79'], ['u/StubbornKindOfFellow', 169, '2024-05-18 01:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2uvs/', 'Harry Potter. Never seen a single movie or read any of the book.', '1cuji79'], ['u/Inevitable-While-577', 31, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30dw/', 'Spotify, Apple Music, and wherever else people get their music from. (I use an MP3 player!)', '1cuji79'], ['u/Rouge_and_Peasant', 143, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30jt/', 'Video influencers. From Youtube to Tik Tok, I have never been able to name a single one of these people or recognize them. It is mind-boggling to me that some of them are the most famous people on the planet.', '1cuji79'], ['u/gnrlgumby', 96, '2024-05-18 01:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j38wc/', 'Oh like 99% of reality TV. Housewives, Vanderpump, below decks, bachelor…', '1cuji79'], ['u/bronzemat', 84, '2024-05-18 01:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3f2y/', "Funko Pops. I truly don't get their appeal. They seem to be all cookie cutter looking, with very little changes, to each one. And, they're ugly too.", '1cuji79'], ['u/Eastern-Branch-3111', 74, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3vpd/', 'Taylor Swift', '1cuji79'], ['u/Few-Way6556', 15, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3wf1/', 'Sports. I generally understand the rules of the games and even could tell you a bunch of the names of professional teams, but I know nothing about who the current star players are, what teams are doing good, etcetera.\n\nI actually used to really enjoy baseball when I was a kid and I recently rediscovered my baseball card collection. Recently, I even bought a whole bunch of the cards from the 80’s that I always wanted (they’re pretty much worthless, by the way). But still, I have no interest in watching the game or following any modern players.', '1cuji79'], ['u/rearwindowpup', 12, '2024-05-18 01:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j43s0/', 'More is an understatement. I was going to try it once and it was gunna be like 30 bucks for some Taco Bell.', '1cuji79'], ['u/bronzemat', 17, '2024-05-18 01:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4c1r/', 'Hopefully, a "Swifty" doesn\'t read this thread, or you\'ll be tarred and feathered.', '1cuji79'], ['u/jawnbaejaeger', 56, '2024-05-18 01:55', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4vnb/', "Bridgerton\n\nEvery single thing I've heard about it just seems very, very straight romance with a side of queer-baiting, and no amount of attractive looking POC will get me to slog through that.", '1cuji79'], ['u/XFrankXGrimesX', 109, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j59xe/', "Video games. Sega Genesis was end of the line for me so yeah, I am really out of it.\n\nAnything to do with social media or influencers. I'd rather eat gravel.\n\nPodcasts. People have recommended to me podcasts with huge listenerships, top notch production values and it's two morons reading Wikipedia.", '1cuji79'], ['u/Guilty_Seesaw_1836', 29, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5bxy/', 'Marvel movies', '1cuji79'], ['u/NachoNachoDan', 214, '2024-05-18 01:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5dvp/', 'Marvel movies. No idea what’s going on with that', '1cuji79'], ['u/an_Aught', 18, '2024-05-18 02:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j77hn/', 'Never saw that dragon show', '1cuji79'], ['u/Vox_Mortem', 32, '2024-05-18 02:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j7ii6/', "The fees and markup are outrageous. I'll be like oh, let's have a lazy night and order in. And then I open the app, see the prices, and go put on some pants because I'm not going to pay 100% more to have some kid in a weed-infested 2010 Honda Civic leave it on my doorstep.", '1cuji79'], ['u/Kahnza', 13, '2024-05-18 02:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j8fvc/', 'I just Youtube for the rare occasion I want to listen to something', '1cuji79'], ['u/Kafkan_mindset', 68, '2024-05-18 02:26', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j94x8/', 'Blockchain. Literally couldn’t explain it if my life depended on it.', '1cuji79'], ['u/manicpixiepuke', 26, '2024-05-18 02:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j9y51/', 'Pumpkin spice. I don’t get its appeal.', '1cuji79'], ['u/EastTXJosh', 10, '2024-05-18 02:35', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jadrg/', 'Never seen Harry Potter or any of the Lord of the Rings.', '1cuji79'], ['u/ThxIHateItHere', 32, '2024-05-18 02:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jb2s2/', 'Swifties and Disney Adults need serious help. \n\nI have one coworker who bankrupted her family due to going to DL/DW six times a year.', '1cuji79'], ['u/LOUCIFER_315', 18, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbcft/', 'Dragons and Titties', '1cuji79'], ['u/frizbeeguy1980', 14, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbdst/', "Beer. Couldn't tell you what an IPA is or a bitter is or whatever else there is out there. Give me a blind taste test of 10 completely different kinds and I would swear they were all the same beer.", '1cuji79'], ['u/TurbulentPromise4812', 14, '2024-05-18 02:46', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbtaa/', "Snap Judgement on NOR is really good, it's the only one that I listen to. It's real people telling their life stories and adventures", '1cuji79'], ['u/bgva', 11, '2024-05-18 02:47', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbxao/', 'So I have Snapchat, and every so often I\'ll venture to the "suggested videos" tab and it\'s so many fitness or "lifestyle" influencers who look no older than about 23 and they all have the nicest apartments and cars. Even if they\'re faking it by renting these things, they\'re still making some kind of bank doing videos. I don\'t imagine it\'s cheap to rent a Lambo or luxury crib for a photo shoot.', '1cuji79'], ['u/Spinachandwaffles', 126, '2024-05-18 02:49', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jc7dl/', 'The Kardashians. Never seen an episode of any of their shows. Couldn’t name who’s who in the family.', '1cuji79'], ['u/ultravioletneon', 110, '2024-05-18 02:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcfbm/', 'TikTok and other short-form video. I watch YouTube on occasion, but the videos I view are typically 20+ minutes in length.', '1cuji79'], ['u/loptopandbingo', 65, '2024-05-18 02:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jck8j/', "They're just millennial Precious Moments figurines and no one can tell me otherwise.", '1cuji79'], ['u/midnight-dour', 21, '2024-05-18 02:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcm1q/', 'Yep. Used to deliver for Jimmy John’s. We always just kinda shook our heads when someone ordered through Door Dash. Could’ve saved $5-10 ordering directly from us.', '1cuji79'], ['u/Top-Web3806', 12, '2024-05-18 02:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcrkf/', 'Football.', '1cuji79'], ['u/odin_the_wiggler', 34, '2024-05-18 02:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcrn3/', "It's basically a ledger of money that has been stolen from you. 😀", '1cuji79'], ['u/DeadSharkEyes', 50, '2024-05-18 02:57', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jd9df/', 'Football. I know what a touchdown is and that’s where it ends.', '1cuji79'], ['u/Neither-Drag-8564', 20, '2024-05-18 03:00', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jdo8b/', 'Retirement planning', '1cuji79'], ['u/nomadicandrew', 20, '2024-05-18 03:01', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jdswo/', 'Me neither, but because of how over exposed it was I can name almost all characters and the houses. I’ve never known so much about something I’ve never seen.', '1cuji79'], ['u/tannyduca', 14, '2024-05-18 03:04', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4je5vj/', "It's trash.", '1cuji79'], ['u/Ezypeezylemonsqueezy', 12, '2024-05-18 03:05', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jeb12/', "I can name them off too, but I don't watch them either. Not everyone has ad free streaming unfortunately 🙃 and we are subjected to the stupidity of their advertising", '1cuji79'], ['u/Rouge_and_Peasant', 20, '2024-05-18 03:06', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jefe8/', 'For me it\'s even the opposite sometimes. I\'ll see a display in the store with some guys scruffy face who looks like the most average 30 year old grocery store clerk I can imagine, and my nephew or some kid will say "That\'s Dizzy Q, he makes $100,000,000 a year opening boxes"', '1cuji79'], ['u/Lebowski304', 60, '2024-05-18 03:08', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jepyc/', 'Skibidi toilet. I have no idea what is happening\n\n![gif](giphy\|AbPWwqSgMejM4\|downsized)', '1cuji79'], ['u/jackfaire', 36, '2024-05-18 03:09', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jeu2h/', "I had 0 plan to then my mom gave me the first movie as a housewarming gift felt rude to not watch it next thing I know I'm halfway through book three and yelling at the characters.", '1cuji79'], ['u/catsdelicacy', 14, '2024-05-18 03:11', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jf3hh/', "I cackled and it's funny because it's TRUE", '1cuji79'], ['u/REOassWagon', 13, '2024-05-18 03:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jf82b/', 'Mixed Martial Arts. It’s gross.', '1cuji79'], ['u/mastawyrm', 29, '2024-05-18 03:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfkmp/', "Only because people try to make it sound complex. It's a list of transactions. Everyone can read it, you can add to it when you make a transaction, it can't be edited or deleted. That's it", '1cuji79'], ['u/larryb78', 115, '2024-05-18 03:15', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfqow/', 'Anime - I just don’t get it', '1cuji79'], ['u/garygnu', 10, '2024-05-18 03:17', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfwen/', '>Crypto is all a scam. \nThis thread is for things you know nothing about. You know everything you need to know about crypto.', '1cuji79'], ['u/GF_baker_2024', 28, '2024-05-18 03:17', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfzcn/', "Tik Tok. I just don't get it.", '1cuji79'], ['u/seamonkey420', 28, '2024-05-18 03:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jh2aj/', 'Game of Thrones. havent seen a single episode', '1cuji79'], ['u/Nukkeeva', 26, '2024-05-18 03:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jhugo/', 'Celebrities — their lives, their spouses, their children, their most recent film/show/album etc etc', '1cuji79'], ['u/Scrotchety', 48, '2024-05-18 03:33', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4ji42x/', 'Discord. "I\'ve got a Discord set up we can use." "Come to my Discord." I just can\'t understand how it fits in the computer landscape; what roles it fulfills or provides; and how to navigate the thing. \n\nAnd my computer is so bare bones that if it were a home it would be a studio apartment and Discord wants to be the 400lb gorilla that\'s gonna be crashing on the couch.', '1cuji79'], ['u/nomadicandrew', 32, '2024-05-18 03:36', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jifxu/', 'I compared them to Troll dolls to a younger co-worker, got blank stares.', '1cuji79'], ['u/Thomisawesome', 16, '2024-05-18 03:37', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jin4f/', 'Taylor Swift. I mean, I know she’s a singer, but I couldn’t tel you a single song of hers.', '1cuji79'], ['u/drainbamage1011', 27, '2024-05-18 03:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jiwfg/', "Imagine every time you received a dollar bill, it came with a chronological log of everyone who has ever possessed that dollar and what they spent it on. When you spend it, your name is added to the log. That's basically it, but for electronic currency.", '1cuji79'], ['u/AndroidNumber137', 10, '2024-05-18 03:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jj6xg/', 'Trying to educate myself on Skibdi Toilet is… an adventure.', '1cuji79'], ['u/Rouge_and_Peasant', 26, '2024-05-18 03:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jj7fo/', "I am 100% with you on podcasts. My wife loves to keep them on all the time and it drives me batty. Never found a single one I liked. Even if the information is interesting, I'll seek out a transcript to read instead. I hate having someone yap at me.", '1cuji79'], ['u/jamesmango', 13, '2024-05-18 03:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjdcv/', 'Stopped watching after Avengers: Age of Ultron. Felt like I was watching the same movie over and over.', '1cuji79'], ['u/ifnotmewh0', 14, '2024-05-18 03:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjf68/', 'I love skibidi toilet for one reason. My kids (all GenZ) may fight like cats and dogs a lot of the time, but all I have to do to make them stick up for each other is accuse any one of them of liking skibidi toilet. The others will rush to their defense. Then I get to be like "so you do like your brother. Good to know." LOL That\'s all I know about skibidi toilet. Well, that and the videos are hilarious with enough weed.', '1cuji79'], ['u/garden__gate', 27, '2024-05-18 03:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjm9c/', 'It’s a soap opera with pretty clothes.', '1cuji79'], ['u/Funkybeatzzz', 12, '2024-05-18 03:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjmun/', 'One of the undergrads I supervise sent me a Slack message today that was just "Pog 🐐" and I had to google what they meant by Pog. It\'s way different than pogs FYI but means something good as far as I can tell.', '1cuji79'], ['u/garden__gate', 12, '2024-05-18 03:46', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjt92/', 'Nah, actually the real danger is that we’ll send you a Spotify playlist and several PowerPoint presentations explaining the lore behind each song.', '1cuji79'], ['u/cmgww', 17, '2024-05-18 03:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jk4xk/', 'I wouldn’t exactly say cool but NFTs…. I just don’t get the appeal of having something that you “own” but you don’t really own it, at least not physically… it’s all really stupid to me…. And from what I’ve heard I’m not alone', '1cuji79'], ['u/that-one-girl-who', 11, '2024-05-18 03:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkbrb/', 'Even worse are the Swiftie adults. Like I get when the young girls like her but ma’am you are 50. Stop talking about TS like she’s Joni Mitchell or something.', '1cuji79'], ['u/outlawpersona', 13, '2024-05-18 03:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkj3r/', 'My wife has listed the following for me: \n- The Kendrick-Drake beef (I hope Kendrick wins though)\n- Instagram (besides the funny videos she sends me then tells me to look at once or twice a week)\n- Game of Thrones (what I do know I learned from South Park)', '1cuji79'], ['u/XFrankXGrimesX', 10, '2024-05-18 03:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkma3/', "I'm suddenly remembering Emerson students in Boston Common playing Quittich, running around holding a broom between their legs and fairly successful punk bands with names like Harry & The Potters and Draco & The Malfoys. Like, it's harmless and people should enjoy themselves but I can roll my eyes.", '1cuji79'], ['u/spmaniac', 10, '2024-05-18 03:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkq77/', 'Video games. Wtf is twitch and discord?', '1cuji79'], ['u/Dudeinairport', 24, '2024-05-18 04:03', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jm3dx/', 'Pokémon. What the fuck is it?', '1cuji79'], ['u/Traveshamamockery_', 10, '2024-05-18 04:10', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jmwtx/', 'You were. And I stopped after Ironman. I hate that superhero movies have had such a major negative impact on the film and acting industry.', '1cuji79'], ['u/squamishter', 12, '2024-05-18 04:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jnhp4/', 'I have no idea who Thanos is.', '1cuji79'], ['u/CapOnFoam', 30, '2024-05-18 04:15', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jnnsa/', 'Yeah but you can do other stuff while listening to a podcast (clean the house, do dishes, walk the dog, drive, etc). Can’t do any of that while reading. I get the benefit of sitting and relaxing with a book, but for stuff I’d be doing anyway, it’s nice to listen to something I find interesting while I do it.', '1cuji79'], ['u/Bandando', 12, '2024-05-18 04:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4joco7/', 'I am stunned by how many popular podcasts have marginal sound quality, boring banter, and terrible editing.\xa0', '1cuji79'], ['u/artificialavocado', 28, '2024-05-18 04:22', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4johgb/', 'Same. It seemed like it was for people younger than us when it came out.', '1cuji79'], ['u/CSWorldChamp', 32, '2024-05-18 04:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jr7al/', 'Podcasts are to talk-radio what Netflix is to movies. Nothing more, nothing less. If you like talk radio, you’ll LOVE when it’s nothing but shows on topics you love, and completely on-demand. \n\nIf you don’t like talk radio, then you’re not going to like podcasts. It’s just that simple.', '1cuji79'], ['u/AdQuirky1318', 11, '2024-05-18 04:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jrchr/', 'Same AND I grew up in Texas 🤷\u200d♀️', '1cuji79'], ['u/20miledave', 11, '2024-05-18 05:13', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jusxq/', 'I love this thread.', '1cuji79'], ['u/kinopiokun', 103, '2024-05-18 05:18', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jvcax/', 'Everything I know about them I learned against my will', '1cuji79'], ['u/MacStainless', 10, '2024-05-18 05:19', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jvj8o/', 'It’s Magic: The Gathering but with anime creatures. I had to learn it so I could play with my kids (yes I’m that dad) and as I read the rules I totally saw how it’s nearly the same structure as Magic.\xa0', '1cuji79'], ['u/Lancerevo012', 18, '2024-05-18 05:37', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jxkzx/', 'Can I just say I love this community? Ya’ll are awesome.', '1cuji79'], ['u/TysonEmmitt', 30, '2024-05-18 05:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jy56v/', "Same here. Everyone I know tries to get me to watch TikTok videos and they just make me angry. They've learned that if they send me a TikTok, I won't watch it. I, too, prefer long YouTube videos. I try to find ones that are 45 minutes or longer. \n\nI don't know if it's an attention span thing, but I've always been able to sit and read a whole book in one sitting, given I have the time to do so. I don't prefer information or entertainment in small, ever changing chunks. That's one reason I also prefer episodic TV shows with long seasons and rarely watch movies. I like to have the story told over a longer period of time where you can get a lot more detail. Every time I watch a 90 minute movie, it seems like they've rushed through whatever story they're telling!\n\n A lot of the people I know who are really into TikTok, etc, are also people who have, or think they have/claim to have ADHD. And these are people of all ages ranging from early 20s to mid 50s.", '1cuji79'], ['u/Ok_Researcher_9796', 12, '2024-05-18 05:44', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jydgc/', 'I know of several KPop groups but the only Kpop I actually know is Gangnam Style by Psy which is a comedy making fun of people in Seoul . The video is hilarious to me even without understanding any of the lyrics.', '1cuji79'], ['u/Thenadamgoes', 27, '2024-05-18 05:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k00pn/', 'I’m so happy this is the top response. I felt like I was going crazy for a bit there. Some where alright but god it felt like I was watching the same thing over and over.', '1cuji79'], ['u/aweedl', 13, '2024-05-18 06:00', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k04y9/', 'YES. I was baffled when people my age where getting into books for little kids.', '1cuji79'], ['u/Bnmko_007', 34, '2024-05-18 06:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k1m9y/', 'I passionately hate the title influencers to start with because it poses the notion they actually influence people. It’s like me calling myself climaxer while despite best intention I clearly can’t make it happen.', '1cuji79'], ['u/silenttd', 26, '2024-05-18 07:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k9dg0/', 'Honest to God, my definition of the dividing line between Xennial vs Millennial is heavily based on how into Pokemon and Harry Potter you were. I think those were the two most popular cultural phenomena that I considered "kid stuff", but were just on the cusp.\n\nI also find that you, at best, only remember the first iteration of Power Rangers tops. If you\'re familiar with anything beyond the original team + maybe the Green Ranger, er White Ranger.... whichever, you\'re a millenial', '1cuji79'], ['u/Fallenangel152', 15, '2024-05-18 07:49', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kb2j5/', "It's porn for straight-laced women.\n\nRemember the Simpsons where Marge is reading some smutty book and imagining herself being seduced by a pirate? It's that, but Victorian England.", '1cuji79'], ['u/flittingly1', 11, '2024-05-18 08:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4keiop/', 'Same, I try really hard to avoid all info. I refuse to learn about them', '1cuji79'], ['u/frankreynoldsrumham', 18, '2024-05-18 09:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kjviu/', 'I must live under a boulder. lol', '1cuji79'], ['u/Hellament', 10, '2024-05-18 12:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kwz4z/', 'Yes! And one commonality of 99% of them? They have absolutely no qualifications regarding the products they shill for. They aren’t experts, they don’t work in the industry, they aren’t rigorous product testers. It’s like an army of Kardashian wannabes…I have no idea why people watch them.\n\nIt occurred to me recently that they are essentially freelance marketers. I get why companies use them given their clout, I just don’t understand why they have that clout.', '1cuji79'], ['u/chigoonies', 26, '2024-05-18 13:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l2j5m/', 'I was in the hospital for months a few years back and to pass the time I would see how many minutes of the kardashians and Alaskan bush people I could watch before I would start weeping and begging for death . \nThe nurses would ask me daily “how many minutes did you make it today”\nMy answer was always “Kris kardashian ( the mom ) isn’t a mother she’s a pimp “! \nBe glad you know nothing of these vapid harpies , they are harbingers of the apocalypse.', '1cuji79'], ['u/LemonFizzy0000', 10, '2024-05-18 13:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l2jhv/', 'I must live under…what’s bigger than a boulder?', '1cuji79'], ['u/LemonFizzy0000', 18, '2024-05-18 13:13', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l36u7/', 'So I’ve heard of everything on this thread except this. What in the world is a skibidi toilet??? ::::runs to google:::::', '1cuji79'], ['u/Ginger_Snaps_Back', 12, '2024-05-18 15:10', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4lgrzv/', 'They have their own show? I thought they were only featured in a few Star Trek episodes. They had some good character development stories in Deep Space 9.', '1cuji79']]], ['u/user192726373', 'Capital Gains Tax for Bitcoin', 33, '2024-05-18 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/', 'If I sell BTC does the IRS only tax the profit?', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/', '1cukeah', [['u/Peach-555', 34, '2024-05-18 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4j883s/', 'Yes.\nEvery transaction where you exchange BTC for anything is a taxable event, but you only pay taxes on the realized gains.', '1cukeah'], ['u/2LostFlamingos', 10, '2024-05-18 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4jq1bv/', 'If you’re still American, you owe taxes regardless of where you are when the taxable event occurs.', '1cukeah'], ['u/Zestyclose_Mine_5618', 12, '2024-05-18 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4jwapq/', 'Ah yeah my bad, I did.', '1cukeah'], ['u/Cointuitive', 24, '2024-05-18 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4k2i6c/', 'Governments have got it all figured out. If you find a way to avoid having your after-tax savings from being inflated away, they’ll tax you on “capital gains”.\n\nIf they can’t steal your money one way, they’ll just find another way to steal it.\n\nSustaining your capital savings in real terms, is NOT a capital gain.', '1cukeah'], ['u/tracing_666', 20, '2024-05-18 08:14', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4kdije/', 'That too is a taxable event', '1cukeah'], ['u/Its-a-write-off', 11, '2024-05-18 12:37', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4kzora/', 'Yes. If the Pokemon card has increased in value since you bought it.', '1cukeah']]], ['u/10xlive', 'How does bitcoin balance the energy grid? ', 20, '2024-05-18 02:29', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/', 'Can someone explain the basics of energy grid and why people say that mining Bitcoin will balance the grid?', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/', '1cukpl7', [['u/Just1_More', 49, '2024-05-18 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jbngz/', "Real basic here. \n\nTo ensure we don't experience brown/black outs, our power suppliers ramp our energy production up roughly 30% greater than the actual demand. Grounding (wasting) 30% energy on average.\n\nNow, if you have a bitcoin mining facility utilizing the excess energy, you can actually take advantage of the wasted energy and even ramp up the production knowing that when peak demand arrives, bitcoin miners cam scale down so the gird can consume the energy.\n\nTheoretically, you could have 99.9% efficiency.", '1cukpl7'], ['u/Dettol-tasting-menu', 17, '2024-05-18 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jhegb/', 'Very simple summary:\n\nWe don’t use max energy (like crank up our heater to the max) all the time. Sometimes we do, most of the time we don’t. \n\nEnergy grid needs to over-build to prepare for the max usage, worst case scenarios. But that’s a lot more than what is normally needed. \n\nBitcoin mining can absorb (and pay for!) this excess power during normal times. So energy provider will have an incentive to build up the capacity in the first place. \n\nWhen demand is high, say a snow storm, energy price goes up and Bitcoin miners have a natural incentive to switch off (because high price), and the capacity would go to the households.\n\nWithout the miners, this excess capacity wouldn’t have been built in the first place. And bitcoin miners can be switched off at any given moment without consequences so the grid can divert power to real need during emergencies.', '1cukpl7'], ['u/Substantial-Skill-76', 15, '2024-05-18 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jkvmj/', 'Love that. Great explanation.', '1cukpl7'], ['u/Just1_More', 14, '2024-05-18 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jsrox/', 'Nuclear energy is a remarkable human accomplishment.', '1cukpl7']]], ['u/Broad_Pond', 'Math and Tokenomics - CRO scarcity?', 18, '2024-05-18 04:22', 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/', "I'm figuring out the scarcity of CRO and when we might see a more permanent rise in price. This suffering the shadow of BTC is painful, but its price may stabilize with ETFs over time. As the user base of [Crypto.com](http://Crypto.com) increases so should the scarcity of CRO? I'm sure hoping so.\n\nIf there are 30 Billion CRO and 100 Million users; 30,000,000,000 divided by 100,000,000 equals 300. Most of us in the CRO Ecosystem have more than 300. I understand there is less than 30 Billion because the CDC business plan allocates rewards in the Earn program. \n\nI wonder what the catalyst in our ecosystem might be once the spread of CRO is thin. I'm a CRO Maxi and curious as to others' thoughts on how we as a community of users can elevate the price. Currently, the 4-year cycle of BTC, leads one to buy CRO at .12 cents for 3 years straight and then cash out that one year it goes to $1.00 I won't be cashing out this Bull Cycle at all. I want to become one of the 30,000 that can acquire 1 Million.", 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/', '1cumv2e', [['u/A3rdRanger1776', 12, '2024-05-18 08:23', 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/l4kedwm/', 'OP: I appreciate the effort you put into this post!\n\nAlthough, you don’t understand something. There is NOT 30B in circulation! There is 26.57B in circulation. \n\nThe other 3.43B CRO are the ones you receive in gift boxes, card rewards, DeFi earnings, 2% earning bonuses, the current 20% one year lockup, Netflix/Amazon/Pandora reward cashback, etc etc etc etc…\n\nThis was clearly stated almost 4 years ago in the white papers when CDC changed from MCO to CRO on the mainnet.\n\nI’m showing my age… 😝', '1cumv2e']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, May 18, 2024', 27, '2024-05-18 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/', '1cuomhk', [['u/navierb', 23, '2024-05-18 06:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k397d/', 'Never change a ruining system\n\n~ Governments and Central Banks', '1cuomhk'], ['u/edgedoggo', 12, '2024-05-18 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k68nl/', 'I just see a lovely bull flag on the hourly; should be a good weekend', '1cuomhk'], ['u/Shibenaut', 10, '2024-05-18 07:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k8kxc/', '"Sound money? Never heard of it."', '1cuomhk'], ['u/xtal_00', 13, '2024-05-18 07:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4kbc5y/', 'This is a beautiful high volume impulse. This move is characteristic of strong support.', '1cuomhk'], ['u/BTCalt', 20, '2024-05-18 08:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4kd7m8/', "This thing looks wound tight as fuck. It's about to break up. I can see it breaking up.", '1cuomhk'], ['u/Taviiiiii', 10, '2024-05-18 12:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4ky2zx/', 'ETF holdings at ATH?', '1cuomhk'], ['u/WYLFriesWthat', 17, '2024-05-18 13:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l1ttj/', 'Sun rising. Birds chirping. Bitcoin still pumping. Gonna be a good weekend.', '1cuomhk'], ['u/phrenos', 16, '2024-05-18 13:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l4wzh/', 'I did not wake up surprised. I woke up happy. And that never happens.', '1cuomhk'], ['u/WYLFriesWthat', 12, '2024-05-18 13:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l5s3p/', 'Show the tx or ban', '1cuomhk'], ['u/Cultural_Entrance312', 18, '2024-05-18 15:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4li8my/', 'It looks like BTC has settled in a tight crab between 66.7 and 67.4 on the hourly. BTC‘s RSI is at 54.8 (average 58.6 ) at time of writing. Nearby resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 66.7, 65.7, 64.5, 63, 61.7, 61.3, 60.5, 59, 57.5, 56.7, 55.7 and 54.5. I have added the 50d and 100d SMA since I believe they will start having more influence on future prices supports once we break out to new ATHs.\n\nThe daily is more interesting. The RSI is 58.5 and its average is currently at 49.4. I believe a falling wedge had formed. Others have noted a downward channel. BTC has broken out and closed above both. BTC pulled back close to the .382 FIB Thursday and touched the 50d SMA. It was a nice orderly retrace and test. Same resistances/supports as I mention in the hourly. The 50 and 100 day SMA are starting to act as support (64972/63056). Target for this reverse H&S would be about 75k.\n\nBTC is looking at a nice green week now. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It has cooled but is starting to rise again, it is currently 67.6 (76.9 average). A fat flag formation has formed, and we are in the middle-upper portion of it. If this is a continuation pattern and is the midpoint, the target would be about 106.7k. (The136.8k+/- was a calculation error. Sorry, I had just copied and pasted the height and forgot my chart was set up in logarithmic. New price was calculated from the lows and highs). Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May could be a red month but it is currently green and will most likely stay that way. Current RSI 68.9\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/WeHd8jvq/](https://www.tradingview.com/x/WeHd8jvq/)\n\nDaily: [https://www.tradingview.com/x/ABIZpe7L/](https://www.tradingview.com/x/ABIZpe7L/)\n\nWeekly: [https://www.tradingview.com/x/FabK42px/](https://www.tradingview.com/x/FabK42px/)\n\nMonthly: [https://www.tradingview.com/x/OmpFHApg/](https://www.tradingview.com/x/OmpFHApg/)', '1cuomhk'], ['u/dopeboyrico', 48, '2024-05-18 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lozfx/', 'Only 450 BTC are mined per day. In a month that’s 13.5k BTC.\n\n[This past week spot ETF’s bought 14,389 BTC.](https://x.com/hodl15capital/status/1791657416855085224?s=46&t=bgSu-sbt11MTMG1Zh__ugw) Spot ETF’s just accumulated more than a month’s worth of newly mined BTC in a single week.\n\nConsistent GBTC outflows are gone. We’re now at a point where it’s not unusual for GBTC to experience daily inflows. [Hedge funds allocating into spot ETF’s are buying GBTC amongst other spot ETF’s as a means of diversification.](https://x.com/ericbalchunas/status/1790885903084216627?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nIf this continues, supply shock is imminent. And it’s likely to continue because 13F filings create transparency amongst institutional peers which leads to game theory unfolding. If you’re an institution do you wait for more of your peers to publicly allocate into BTC ahead of you when the next batch of 13F filings release in August? Or do you beat them to it? Millennium Management is the third largest hedge fund in the world and they made a 3% allocation into BTC which is basically a green light for all of their institutional peers to take a similar approach. Game on.', '1cuomhk'], ['u/akuukka', 14, '2024-05-18 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lq2f7/', "There's always supply from early adopters who have reached their personal moon and want to secure a comfortable life.", '1cuomhk'], ['u/dopeboyrico', 25, '2024-05-18 16:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lshur/', 'Early adopters can only sell once. When you let go of your BTC it becomes extremely difficult to later acquire that same amount of BTC back at a later date (not even factoring in tax implications from selling a massive bag).\n\nMeanwhile, institutional investors are long-term holders who are thinking in terms of decades, not months or years. This mentality isn’t exclusive to BTC, this is applicable to all asset classes. Key difference with BTC though is absolute scarcity. That component is new; there has never been another asset which has a fixed supply issuance schedule that is incapable of increasing to help meet demand.', '1cuomhk'], ['u/dopeboyrico', 11, '2024-05-18 16:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lvatb/', 'There is literally no fiat price at which I would be willing to sell 100% of my BTC holdings or even a double digit percentage of my BTC holdings.\n\nAs time passes, more and more BTC falls into possession of diamond hands. The number of diamond hands is increasing over time, not decreasing. Meanwhile BTC is absolutely scarce.\n\nSo no, not “everyone” has their price. Eventually the vast majority of BTC will enter possession of diamond hands. This is how absolute scarcity works.', '1cuomhk'], ['u/Cultural_Entrance312', 14, '2024-05-18 17:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4ly529/', 'Agree in most part. But, institutions hands are not rock solid. They will sell regularly, to rebalance their allocation. Yes, they most likely will never sell all but when they price of BTC doubles, they could unload halve their stack at their whim to rebalance their %s.', '1cuomhk'], ['u/Excellent_Toe_900', 17, '2024-05-18 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4m27ed/', 'The FOMO at $100k will be uuuge', '1cuomhk'], ['u/AverageUnited3237', 10, '2024-05-18 18:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4meqnq/', 'Who are "they"? GBTC shareholders != Grayscale', '1cuomhk'], ['u/spinbarkit', 11, '2024-05-18 20:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4mr2yp/', 'hello Bitcoin cash SV, you are on the wrong sub', '1cuomhk'], ['u/Melow-Drama', 14, '2024-05-18 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4n5yuv/', "Looking at the last few larger green candles in the last month or so (12h, mobile in vertical):\n\n• Apr 19: up from 59.7 to 67k on the 22nd followed by a a multi day dump down to 56k, lower local low, pretty high level of fear\n• May 3: run to 65k started, followed by a dump to 60k on the 10th, higher local low, seems like a local turning point (trend change)\n• May 15: pump to 66k and we're too early for me to say much yet except:\n\nMomentum has turned bullish so we should make another higher local low after a comparably smaller pause/draw down %-wise. If history is to repeat, it will be a few days until the next impulse.\n\nOr we're forming a multi-month - looking back into Feb now - bull flag (mind you the flag points down; with only 2 upper touch points, Apr 8th + it/now) which would still allow us to form a lower local low in the lower 50s. It'd still be a bullish pattern even though there'd be bears posting on a victory lap here.\n\nTL;DR stay bullish over the next weeks - the chart is and even potential lower local lows wouldn't necessarily invalidate that position. It shouldn't scare you into selling if you have breath for weeks even if lower local lows were to materialize.\n\nPS in random order: in support of this, US macro has improved (e.g. CPI data), TradFi indices made ATHs, Biden needs the gainz (election year), BTC on exchange (=supply excl. OTC/p2p) decreased again, ETFs have turned to inflows again, no major escalations in Middle East, Ukraine etc. IMHO, this PS alone is reason enough to be bullish on a risk-on asset with diminishing supply (we halved again almost 1 month ago) and seemingly increasing demand. I'm getting another drink, cheers to you!", '1cuomhk']]], ['u/Harveyspecter2923', 'Employees who sued their own company for wrongful termination, did you win against them?', 64, '2024-05-18 07:46', 'https://www.reddit.com/r/B... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The average investor likes to turn to the professionals when it comes to finding potentially lucrative investment ideas. Given her standing as an expert in the area of disruptive and innovative businesses, it makes sense whyCathie Woodis closely watched.\nWood and her firm, Ark Invest, are incredibly bullish on a top cryptocurrency that they believe could skyrocket $3.8 million by 2030. This is a truly lofty target that would catch anyone's attention.\nBut does this mean the digital asset is a no-brainer buy?\nIn January of this year, Cathie Wood set a 2030 price target forBitcoin(CRYPTO: BTC)of $1.5 million. Based on this leading digital asset's price of $44,000 at the start of 2023, this would imply a whopping 34-fold gain over the next seven years. This outlook was provided right after the highly anticipated approval ofBitcoin spot exchange-traded funds (ETFs).\nMore recently, in March, Wood upped her price target, now saying that if institutions were to allocate 5% or more of their portfolios to Bitcoin, it could soar to $3.8 million per coin. At that level, the asset would carry a monster market cap of $75 trillion, making it about three times more valuable than U.S. GDP.\nAnd it implies that Bitcoin could rise almost 58-fold in the next seven years from its price on May 16, translating to an annualized gain of 79%. This would undoubtedly outperform probably every single asset out there.\nBesides the ETF approvals, Ark Invest points to therecent halvingas a key catalyst that can drive the price higher over the next 12 to 18 months, just as it has done in previous cycles. More clarity from regulators can also help drive institutional adoption.\nWood calls out how Bitcoin can help diversify one's portfolio. And it's hard to argue with Bitcoin's historical track record, rising 800% just in the past five years, of significantly raising one's purchasing power.\nCathie Wood and Ark Invest are known for making outlandish projections that make you scratch your head and wonder just how likely these outcomes are. I view the Bitcoin price target of $3.8 million in the same way. In my opinion, it could just be a marketing ploy to raise more assets for her firm's Bitcoin ETF product. This means investors should temper their expectations.\nBut to be clear, just because Bitcoin probably won't rise 79% per year between now and 2030 doesn't mean investors should completely discard it. I believe this crypto should still be on every investor's radar, particularly those who have a long time horizon. If you're someone who's close to or in retirement, then perhaps it's best to stay away.\nThis is an asset that investors should only buy if they plan to own it for the next five to 10 years, at least. It can take a long time for things to play out withblockchain technologyas well as regulatory developments. And the vast majority of capital out there isn't even anywhere close to wanting to own Bitcoin, as stocks, bonds, and real estate still reign supreme.\nInvestors must also be prepared, both financially and psychologically, for the extreme volatility that is sure to happen. Bitcoin has experienced multiple drawdowns in the past of greater than 50%. This just means you should only put as much money in that results in you not losing sleep at night when sizable price swings happen.\nHoping that Bitcoin reaches $3.8 million per coin seems like a pipe dream. Regardless, this top crypto could still work out as a very successful investment over time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency That Could Soar 5,700%, According to Cathie Wood. Is It a Buy?was originally published by The Motley Fool", 'In aiming to revolutionize cross-border payments by introducing a fast and secure blockchain-based alternative to cumbersome banking networks, Ripple\'sXRP(CRYPTO: XRP)has become one of the most popular cryptocurrencies on the market today.\nIt currently ranks in the top 10 most valuable cryptocurrencies and has demonstrated remarkable resilience. It continued to rise in price even as it faced regulatory challenges. With controversy in the rearview and the prospects of a crypto bull market looming, 2025 could shape up to be a great year for the cryptocurrency.\nThe saying "A rising tide lifts all boats" typically holds true in crypto, meaning that during bull markets, the prices of many cryptocurrencies tend to rise together. This phenomenon has been observed in the past, whenBitcoin, the most valuable cryptocurrency, surged and ended up pulling the value of other digital assets along with it.\nBut how high canXRPgo by 2025? The honest truth is that only time will tell. While several cryptocurrencies are trading near all-time highs as this crypto bull market has picked up steam, XRP remains well off its record peak of $3.\nPerhaps this will change as this bull market progresses into 2025, but for now it remains uncertain. Cryptocurrency prices are influenced by a multitude of factors, including market sentiment, regulatory developments, technological advancements, and macroeconomic trends. Any significant changes in these areas could affect the value of XRP in unpredictable ways.\nThe good news is that things look bright for XRP. It successfullyovercamea lawsuit from the Securities and Exchange Commission in July 2023 and recently unveiled plans to launch a new stablecoin. If it can keep up the achievements, then XRP may experience notable growth in 2025. However, predicting its exact value remains challenging.\nEven though XRP might be shaping up, investors should approach cryptocurrency investments with caution, conducting thorough research and diversifying their portfolios to mitigate risk. Ultimately, the future value of XRP will depend on a complex interplay of factors, making it impossible to make precise forecasts.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has adisclosure policy.\nWhat Will 1 XRP Be Worth in 2025?was originally published by The Motley Fool', 'A growing number of crypto investors now think thatBitcoin(CRYPTO: BTC)could hit a price of $1 million within the next few years. In addition to Cathie Wood of Ark Invest, who famously predicted a $1 million price in 2022, there\'s now Jack Dorsey, co-founder and former CEO of Twitter. In a recent interview, Dorsey suggested that Bitcoin is going to "at least a million" by 2030.\nWhat makes this forecast so interesting is that it\'s not coming from a Wall Street investment firm. Instead, it\'s coming from the perspective of a technologist with an intimate knowledge of howBitcoinworks, and not just how it trades. So if Jack Dorsey is bullish on Bitcoin, should you be too?\nThere are two classic ways that investors think about Bitcoin. The first approach is to think about Bitcoin as a commodity. From this perspective, Bitcoin is "digital gold" and a store of value, and should be hoarded much like physical gold. The second approach is to think about Bitcoin as a digital currency. From this perspective, Bitcoin functions primarily as a payment mechanism and means of exchange.\nBut there\'s a third way of thinking about Bitcoin -- as a technology. That\'s how Dorsey is thinking about Bitcoin. He sees it as a blockchain-based technology that is capable of disrupting the modern financial system. And he\'s focused first and foremost on Bitcoin\'s flourishing ecosystem, which includes everyone from Bitcoin miners to companies creating new Bitcoin payment technologies.\nAccording to Dorsey, every single person who touches Bitcoin in a significant way helps to make it better. He should know: Over the past few years, Dorsey has famously collaborated on a number of Bitcoin-related projects.Dorsey\'s latest project is Ocean, which is a new Bitcoin mining initiative.\nGiven the emphasis that Dorsey places on Bitcoin as a technology, perhaps it\'s only natural to ask: "Just how much is the Bitcoin technological ecosystem worth when it comes to valuing Bitcoin?"\nThat\'s a great question, but I\'m not sure if anyone has really answered it in a satisfactory way. Cathie Wood of Ark Invest has perhaps come closest, with her focus on the primary use cases of Bitcoin. For example, in Ark Invest\'s 2023 "Big Ideas" report, she highlighted various roles that Bitcoin can play, including as a remittance asset. So, for example, investors could plausibly attach a greater valuation to Bitcoin if they see its role in the cross-border remittances market increasing over time.\nAnother approach is to focus on the new products and services that members of this Bitcoin ecosystem are bringing to market. For example, Lightning Labs, already well known for its Lightning Network, is now working on bringing stablecoins and tokenized assets to the Bitcoin blockchain. And Strike continues to bring new Bitcoin payment options to global users. All these products and services are helping to make Bitcoin more valuable by boosting its adoption on a worldwide basis.\nWhen it comes to valuing Bitcoin, the focus should be on mainstream Bitcoin adoption. In other words, what are members of the ecosystem doing to make Bitcoin more useful in everyday life? In this case, "utility" means more than just a lot of people buying spot Bitcoin ETFs. It means people using Bitcoin as part of a decentralized financial system that empowers individuals, reduces fees, and lowers barriers to entry.\nJack Dorsey is on to something when he talks about Bitcoin\'s collaborative ecosystem. He has experience building tech companies and designing innovative technologies and platforms. He understands how important community and collaboration are to the success and mainstream adoption of any new technology.\nWhile I\'m still unconvinced that Bitcoin will hit the mythical price of $1 million by 2030, I am convinced that Bitcoin is currently undervalued at its current price of $63,000. That\'s because too many investors are focused on Bitcoin as a financial asset, and not as a digital technology capable of disrupting the modern financial system. With that in mind, I\'m bullish on Bitcoin\'s long-term outlook.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Top Cryptocurrency Could Reach $1 Million by 2030, According to Jack Dorseywas originally published by The Motley Fool', "With nearly 32 years of financial experience under his belt, Dave Ramsey has seen it all. He’s been through bankruptcy, bounced back to accumulate over $200 million in assets and helped millions of people with their personal finances.\nIn a recent episode ofThe Ramsey Show, the finance guru took some time to dissect a worrying trend: younger investors have lost touch with the basic financial principle of balancing risk-reward ratios.\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes.Here's how\nHe bemoans the fact that many online influencers are pushing high-risk speculative assets with little potential for returns.\n“That’s not investing, it’s right next to gambling,” hesaid.\nHere’s what the veteran real estate investor had to say and why younger investors could jeopardize their future by ignoring this rule.\n“One of the first things they teach you in finance class is a risk-return ratio,” Ramsey said. This ratio marks the potential reward an investor can earn for every dollar they risk on an investment.\nIn this context, Ramsey says that all investment opportunities lay somewhere on a spectrum of risk and reward.\nOn one end of the spectrum is government bonds, which academics and institutional investors like Blackrock consider arisk-free asset classbecause it’s backed by the government.\nIf you’re willing to take more risk than a government bond presents, you need to be compensated with higher returns. A 10-year U.S. Treasury Bond currentlyoffersa 4.45% yield, according to Bloomberg. Ramsey believes investors should demand greater returns when investing in other asset classes such as real estate and stocks.\nRamsey talked about a mutual fund he invested in which has delivered a 12.2% annual average return since 1934 with only 10 non-consecutive years of drawdowns since then.\n“If I can make that investment by simply pushing ‘Enter’ on my computer … I don’t have any effort to go with it,” he said. “Then if you’re going to flip houses, that’s speculating, all right, and you dadgum better be making more than 12% on your money. You oughta make 20% at least.”\nUnfortunately, he says many investors have lost sight of this fundamental rule.\nRead more:‘They are awful’: Dave Ramsey is fed up with millennials and Gen Z who he claims don't work but want to own homes —here’s what he says you need to be a ‘successful' investor\nRamsey highlighted the fact that social media influencers often ignore the risks of the investments they’re pushing, which could lead to detrimental outcomes.\nSocial media has had a noticeable impact on investment culture. The “meme stock” phenomenon that emerged on online forums like Reddit during the pandemic and elevated stocks like Gamestop and Blackberry have changed the way some investors approach the market.\nMeanwhile, investors are becoming more short-term oriented. The average holding time for individual stocks hasdroppedfrom five years in the 1970s to just 5.5 months in 2023, according to eToro. And speculative assets such ascryptocurrenciesare still experiencing over $75 billion in daily trading volume, according to CoinMarketCap.\nFor Ramsey, these risky assets are only one step removed from gambling. The only difference between Bitcoin and a roulette wheel is that the odds of winning in a casino are lower.\n“If you’re going to walk away from Vegas, the house wins 100%,” he quipped. “Vegas is built on the back of losers.”\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", '(Bloomberg) -- After the long-anticipated launch of US Bitcoin exchange-traded funds in January, and the once-every-four-years software update called the “halving” last month, the big question on a lot of crypto investors’ minds has been, what will power the largest cryptocurrency’s next rally?\nMost Read from Bloomberg\n• Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes\n• These Flight Routes Suffer the World’s Worst Turbulence\n• Harvard Denies Degrees to 13 Protesters, Defies Faculty Vote\n• Citi Trader Got 711 Warning Messages Before Sparking Flash Crash\n• US Justice Department to Seek Breakup of Live Nation-Ticketmaster\nA slew of developers think they have the answer: adding programmability to the Bitcoin blockchain. Today, Bitcoin is viewed by many as digital gold — a token you hold for appreciation, but can’t do much else with. While you can use its biggest rival, Ether, to swap coins and earn yield on the Ethereum network, the Bitcoin blockchain lacks the ability to easily support apps via so-called smart-contract functionality that allows for features such as self-executing agreements stored on the blockchain.\nFor years, developers have tried to rectify that intentional design flaw in various ways. They built Bitcoin “Layer 2” networks, such as Lightning, designed to scale Bitcoin for applications like payments. Some have proven to be unreliable, and so-called bridges — software infrastructure to move tokens between networks — have been prone to hacks, making many users hesitant to use them. And many Bitcoiners haven’t been interested in using the tokens for payment, anyway, and are holding them on the long-term bet prices will rise in what’s become known as “hodling.” However, without a fresh catalyst to maintain investor enthusiasm about Bitcoin, the original cryptocurrency has retreated from its all-time high of almost $74,000 set in March.\nThings have changed recently, though, once Bitcoin Ordinals — a way to create nonfungible tokens by embedding data onto satoshis, as the smallest denomination of Bitcoin is called — began last year. Soon after, an anonymous developer named Domo proposed BRC-20 tokens, which use the same inscriptions mechanism to issue tokens on the Bitcoin blockchain. That, in turn, has sent teams of developers scouring for ways to enable even greater Bitcoin programmability. The Bitcoin community is considering proposals like OP_CAT, which would be a software upgrade to the network itself and make programmability easier to implement. Approaches being worked on include one from a team that Domo is involved with, the Layer 1 Foundation. Another approach, from startup Arch, just raised $7 million in a round led by Multicoin Capital.\n“It’s a huge unlock for Bitcoin,” said Kyle Samani, co-founder of Multicoin. “It’s really good for users.”\nExpected to open to all developers as soon as this month, Arch runs an application platform on top of Bitcoin that uses software that will potentially allow apps from the Solana network to be ported onto Bitcoin, Arch Chief Executive Officer Matt Mudano said. Already, about 20 developer teams are building apps for functions such as borrowing and lending against Ordinals, as well as decentralized exchanges and stablecoins, he said.\nLayer 1 Foundation, meanwhile, is building out a programmable module for the so-called BRC-20 metaprotocol, which is essentially just messages stored in code layered on the Bitcoin blockchain. An indexer can find these messages and run computations in a similar way to smart contracts on Ethereum. Because Bitcoin has much longer block confirmation times than Ethereum - 10 minutes versus 12 seconds currently — that leaves more time to perform computations, “we can actually do more,” said Eril Ezerel, founder of Best in Slot, Ordinals aggregator and explorer.\n“It’s like chapter two in crypto, Ezerel said. “It’s big. It makes us question how we build things.” While building with metaprotocols is simpler, it’s enough to support most financial applications, he said.\nNot everyone in the Bitcoin programing community is convinced this is the cryptocurrency’s future. Jeff Garzik, a one-time Bitcoin core developer and co-founder at crypto infrastructure and app builder Bloq, expects Layer 2s will ultimately win out, as using them for transactions will be less expensive than running apps on Bitcoin.\n“Bitcoin programmability is increasing — by virtue of these new Bitcoin L2s expanding Bitcoin’s reach,” said Garzik, who is working on a fusion of Bitcoin and Ethereum Layer 2. “This simultaneously boosts the Ethereum ecosystem, and also competes freshly with the Ethereum ecosystem.”\nEven so, the new ventures are betting that this new type of programmability could lead to an influx of decentralized finance apps on Bitcoin. Currently, the total value of tokens locked in the Bitcoin DeFi market is about $1.1 billion, compared with $52.7 billion for Ethereum, according to data tracker DeFi Llama.\n“Bitcoin’s DeFi ecosystem could grow to the largest in all of crypto,” said Toby Lewis, a founder of OrdinalsBot. “It is possible that the Bitcoin DeFi ecosystem could grow to trillions of dollars of market cap over the next few years, and it appears to be one of the major drivers of growth in crypto this cycle.”\nAnd if demand materializes, possibly the next catalyst that Bitcoin investors appear to be waiting on.\nMost Read from Bloomberg Businessweek\n• A Hidden Variable in the Presidential Race: Fears of ‘Trump Forever’\n• Google’s Moonshot Factory Falls Back Down to Earth\n• How Dodgers Billionaire Mark Walters’ Bet on India Ended in Disaster\n• How the $17 Desk Salad Won\n• The Six Choke Points That Can Upend Global Trade\n©2024 Bloomberg L.P.', '(Bloomberg) -- After the long-anticipated launch of US Bitcoin exchange-traded funds in January, and the once-every-four-years software update called the “halving” last month, the big question on a lot of crypto investors’ minds has been, what will power the largest cryptocurrency’s next rally?\nMost Read from Bloomberg\n• Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes\n• These Flight Routes Suffer the World’s Worst Turbulence\n• Harvard Denies Degrees to 13 Protesters, Defies Faculty Vote\n• Citi Trader Got 711 Warning Messages Before Sparking Flash Crash\n• US Justice Department to Seek Breakup of Live Nation-Ticketmaster\nA slew of developers think they have the answer: adding programmability to the Bitcoin blockchain. Today, Bitcoin is viewed by many as digital gold — a token you hold for appreciation, but can’t do much else with. While you can use its biggest rival, Ether, to swap coins and earn yield on the Ethereum network, the Bitcoin blockchain lacks the ability to easily support apps via so-called smart-contract functionality that allows for features such as self-executing agreements stored on the blockchain.\nFor years, developers have tried to rectify that intentional design flaw in various ways. They built Bitcoin “Layer 2” networks, such as Lightning, designed to scale Bitcoin for applications like payments. Some have proven to be unreliable, and so-called bridges — software infrastructure to move tokens between networks — have been prone to hacks, making many users hesitant to use them. And many Bitcoiners haven’t been interested in using the tokens for payment, anyway, and are holding them on the long-term bet prices will rise in what’s become known as “hodling.” However, without a fresh catalyst to maintain investor enthusiasm about Bitcoin, the original cryptocurrency has retreated from its all-time high of almost $74,000 set in March.\nThings have changed recently, though, once Bitcoin Ordinals — a way to create nonfungible tokens by embedding data onto satoshis, as the smallest denomination of Bitcoin is called — began last year. Soon after, an anonymous developer named Domo proposed BRC-20 tokens, which use the same inscriptions mechanism to issue tokens on the Bitcoin blockchain. That, in turn, has sent teams of developers scouring for ways to enable even greater Bitcoin programmability. The Bitcoin community is considering proposals like OP_CAT, which would be a software upgrade to the network itself and make programmability easier to implement. Approaches being worked on include one from a team that Domo is involved with, the Layer 1 Foundation. Another approach, from startup Arch, just raised $7 million in a round led by Multicoin Capital.\n“It’s a huge unlock for Bitcoin,” said Kyle Samani, co-founder of Multicoin. “It’s really good for users.”\nExpected to open to all developers as soon as this month, Arch runs an application platform on top of Bitcoin that uses software that will potentially allow apps from the Solana network to be ported onto Bitcoin, Arch Chief Executive Officer Matt Mudano said. Already, about 20 developer teams are building apps for functions such as borrowing and lending against Ordinals, as well as decentralized exchanges and stablecoins, he said.\nLayer 1 Foundation, meanwhile, is building out a programmable module for the so-called BRC-20 metaprotocol, which is essentially just messages stored in code layered on the Bitcoin blockchain. An indexer can find these messages and run computations in a similar way to smart contracts on Ethereum. Because Bitcoin has much longer block confirmation times than Ethereum - 10 minutes versus 12 seconds currently — that leaves more time to perform computations, “we can actually do more,” said Eril Ezerel, founder of Best in Slot, Ordinals aggregator and explorer.\n“It’s like chapter two in crypto, Ezerel said. “It’s big. It makes us question how we build things.” While building with metaprotocols is simpler, it’s enough to support most financial applications, he said.\nNot everyone in the Bitcoin programing community is convinced this is the cryptocurrency’s future. Jeff Garzik, a one-time Bitcoin core developer and co-founder at crypto infrastructure and app builder Bloq, expects Layer 2s will ultimately win out, as using them for transactions will be less expensive than running apps on Bitcoin.\n“Bitcoin programmability is increasing — by virtue of these new Bitcoin L2s expanding Bitcoin’s reach,” said Garzik, who is working on a fusion of Bitcoin and Ethereum Layer 2. “This simultaneously boosts the Ethereum ecosystem, and also competes freshly with the Ethereum ecosystem.”\nEven so, the new ventures are betting that this new type of programmability could lead to an influx of decentralized finance apps on Bitcoin. Currently, the total value of tokens locked in the Bitcoin DeFi market is about $1.1 billion, compared with $52.7 billion for Ethereum, according to data tracker DeFi Llama.\n“Bitcoin’s DeFi ecosystem could grow to the largest in all of crypto,” said Toby Lewis, a founder of OrdinalsBot. “It is possible that the Bitcoin DeFi ecosystem could grow to trillions of dollars of market cap over the next few years, and it appears to be one of the major drivers of growth in crypto this cycle.”\nAnd if demand materializes, possibly the next catalyst that Bitcoin investors appear to be waiting on.\nMost Read from Bloomberg Businessweek\n• A Hidden Variable in the Presidential Race: Fears of ‘Trump Forever’\n• Google’s Moonshot Factory Falls Back Down to Earth\n• How Dodgers Billionaire Mark Walters’ Bet on India Ended in Disaster\n• How the $17 Desk Salad Won\n• The Six Choke Points That Can Upend Global Trade\n©2024 Bloomberg L.P.']... Last 60 Days of Bitcoin's Closing Prices:* [67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-19 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,319,814,061,562 - Hash Rate: 636532381.9804695 - Transaction Count: 644119.0 - Unique Addresses: 405155.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Thematic exchange-traded funds, or ETFs, allow you to invest in a number of the hottest trends and industries — fromblockchainto cloud computing, andclean energyto cybersecurity. Thematic ETFs are an easy way to play a trend rather than trying to pick a winner, allowing you to ride the wave that’s carrying the whole sector. Here are some thematic ETFs in the market’s hottest industries, including how big they are, their largest positions and how much they’ll cost you to own. A thematic ETF is a fund that offers the opportunity to invest based on a particular theme, such as climate change or artificial intelligence. The ETF then holds companies that should benefit from that trend. While traditional ETFs are often based on a broad market index where investors can achieve diversification at a low cost, you likely won’t be sufficiently diversified just by owning a thematic ETF, because the companies’ fortunes will be heavily tied to the same underlying trend. These thematic ETFs often have playful ticker symbols indicating what they are. For example, the symbol for the cloud computing fund is SKYY. Below are seven of the best thematic funds that invest in some of the market’s hottest industries, with data as of Apr. 8, 2024. This index ETF invests in companies that make money in cloud computing, a sector of the market that supplies on-demand services via the internet, such as data storage or computing power. The ETF has enjoyed a 10.3 percent annualized return in the previous five years. The fund caps the position size of each stock to 4.5 percent of total assets. • Top 5 holdings: Alphabet, IBM, Oracle, Arista Networks and Microsoft • Net assets: $3.1 billion • Expense ratio: 0.60 percent Thisactively managed ETFinvests in what the fund manager calls disruptive innovation, new products or services that could dramatically shift how the world works. Investments include genomics stocks, energy and automation technologies, shared infrastructure and services as well as fintech innovators. Over the last five years, the ETF averaged 0.6 percent annually. • Top 5 holdings: Tesla, Block, Coinbase Global, Roku and UiPath • Net assets: $7.2 billion • Expense ratio: 0.75 percent This index ETF invests in companies that could benefit from the proliferation of robotics andartificial intelligence, including such products as industrial robots and automation as well as autonomous driving. The fund tracks the Indxx Global Robotics & Artificial Intelligence Index. The ETF has returned about 8.9 percent annually over the past five years. • Top 5 holdings: NVIDIA, Keyence, Intuitive Surgical, ABB and SMC • Net assets: $2.8 billion • Expense ratio: 0.68 percent This fund’s ticker symbol indicates what it invests in – cybersecurity companies – and it tracks the Nasdaq CTA Cybersecurity Index. More specifically, it owns cybersecurity companies in the technology and industrial sectors, including those protecting networks, computers and mobile devices. The fund returned about 15.2 percent annually over the last five years. • Top 5 holdings: Palo Alto Networks, Infosys, CrowdStrike, Cisco Systems and Broadcom • Net assets: $6.6 billion • Expense ratio: 0.59 percent This fund is sponsored by BlackRock, one of the world’s largest fund companies, and it tracks an index of global clean energy companies, including those involved with solar, wind and other renewable sources. The fund returned about 8.0 percent annually over the previous five years. • Top 5 holdings: Vestas Wind Systems, Enphase Energy, First Solar, Orsted and NEXTracker • Net assets: $2.4 billion • Expense ratio: 0.41 percent Medical technology is one of the most exciting industries, and this actively managed fund is looking for those companies that can extend and improve human life through technological and scientific breakthroughs, and include those working with gene editing, stem cells and targeted therapeutics. The fund lost about -3.3 percent annually over the prior five years. • Top 5 holdings: CRSPR Therapeutics, Twist Bioscience, Exact Sciences, Recursion Pharmaceuticals and Beam Therapeutics • Net assets: $1.5 billion • Expense ratio: 0.75 percent Like its name suggests, this actively managed ETF invests in companies that develop and useblockchain technologies,the process behind cryptocurrency such as Bitcoin. The fund is relatively new, having been founded in January 2018, and so it’s also relatively small. The fund returned around 18.1 percent annually over the past five years. • Top 5 holdings: MicroStrategy, Coinbase Global, Beyond, Cleanspark and Galaxy Digital • Net assets: $701.8 million • Expense ratio: 0.76 percent While ETFs first began as a cheap way to invest in theStandard & Poor’s 500 Index, they’re now a way to buy slices of any “exposure” you want. Looking for a specific country, industry or investing style? It’s a good bet there’s an ETF doing what you’re looking for. For example, new thematic ETFs get you a slice of red-hot industries. Thematic ETFs allow investors who don’t want to do all the analytical work on individual companies to simply buy the industry or trend. So if you see the potential in cloud computing, you can buy the ETF and get a diversified cross-section of the industry at low expense and hassle. Most ETFs work by replicating a specific weighted index of stocks, and thematic ETFs are often no different. They’ll buy whatever stock is in the index and weight it accordingly in the portfolio. By buying one share of the ETF you’re buying a stake in all the companies in the fund, gaining quick exposure to the theme and anarrow diversification across the companies there. For that privilege, you’ll pay the fund manager anexpense ratio. That’s a management fee measured as a percentage of the money you have invested in the fund. While the cost is quoted at an annual rate, the fee is deducted almost undetectably each day from the fund’s value. If there’s a downside, the fund could be seriously hurt if something hits the sector or investors decide they don’t like it, and a thematic ETF’s narrow diversification won’t help reduce this risk. Thematic ETFs are somewhat more expensive than some of the most popular index ETFs such as those based on the S&P 500. Fees on those popular funds can run less than 0.1 percent per year. In other words, you’ll pay $10 for every $10,000 you have invested in the fund. While thematic ETF fees may be pricier than these cheap funds, they’re largely in line with the average expense ratio. Typically they’ll charge somewhere between 0.5 and 0.75 percent, meaning you’ll ultimately spend between $50 and $75 each year for every $10,000 invested. Thematic ETFs are popular for a number of reasons, but they also have some drawbacks. Here are some of the most important pros and cons of this approach. • Flexibility– Thematic ETFs offer investors a way to invest in a targeted “slice” of the market quickly and then sell it just as easily if they think the opportunity has run its course. • Diversification– Thematic ETFs may offer narrow diversification (all companies in a given industry) or broader diversification (companies across industries), but either way they put your eggs in more than one basket, reducing your risk. • Ease– Rather than needing to research and buy multiple stocks, you can know less about the individual companies and get in and out of the market with one transaction. • Low cost– You’ll pay a fee to the fund company running the ETF, but it’s often not so expensive for the diversification and expertise offered by the manager. • Higher risk than more diversified funds– A thematic ETF may be exposed to certain risks – such as declining multiples on growth stocks or specific sector risks – that make them riskier than more broadly diversified funds such as an S&P 500 index fund. • Volatility– Higher risk can translate into higher volatility, both on the upside and downside, especially for narrowly diversified funds. • May need to more actively manage– If you’re trying to use thematic ETFs to play a hot trend, you may want to actively manage them more so than you would for a typical broadly diversified index fund such as the S&P 500, where passive investing is a better approach. From low costs to instant diversification to the ability to invest in a hot sector in one click,ETFs offer investors a lot of benefits. However, as you’re investing in these funds, pay attention to their holdings, because some funds won’t always own what their name indicates. You want to get what you’re paying for and not a high-priced fund with the same stocks as every other fund. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22, 67578.09

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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks ended higher Friday, with the S&P 500 jumping past the key milestone of 5,000.\n• Revised CPI data released Friday showed inflation cooled in December more than initially reported.\n• "We think this is a pretty strong sign that we\'re still in a bull market," a strategist said.\nUS stocks were up on Friday with the S&P 500 ending the day past the key psychological mark of 5,000.\nThe benchmark index punched through 5,000 first on Thursday, closing the day just shy at 4,997. Afterrevised consumer price index datareleased Friday that showed inflation cooled more than initially reported in December, theindexpushed to new highs, climbing as high as 5,029 during the trading day.\nStocks capped off the week with the fifth straight weekly gain.\n"What does 5000 mean? On the surface, not a whole lot, we know that. But psychologically is really what matters," Ryan Detrick, chief market strategist from the Carson Group, said on Bloomberg TV on Friday.\nUsually, in the six months after psychological levels are breached, the S&P 500 has never dipped lower, Detrick said. If anything, it provides a fresh catalyst for stocks to continue rallying\n"We think this is a pretty strong sign that we\'re still in a bull market, we\'ve said that for a while, and get on the ride," he said. "It\'s a fun ride."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,026.61, up 0.57%\n• Dow Jones Industrial Average:38,671.69, down 0.14%\n• Nasdaq Composite:15,990.66, up 1.25%\nHere\'s what else is going on:\n• Nvidia is now worthas much as the whole Chinese stock market.\n• The commercial real estate crisis willprompt the Fed\'s first rate cutin May, top economist says.\n• VladimirPutin takes aim at the US dollar\'s dominant positionas the world\'s reserve currency.\n• China turmoil poses a risk to the Magnificent 7, Jeremy Grantham\'s GMO says.\n• Wharton professor Jeremy Siegel says thestock market still has 8% upside— and highlights where investors should put their money to capitalize.\n• Bitcoin\'s sudden rebound keeps the$100,000 threshold in reach by year-end, Standard Chartered says\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatecrude up 0.38% to $76.51 a barrel.Brent crude, the international benchmark, was also up by 0.34% to $81.91 a barrel.\n• Goldslipped 0.38% to $2,040.10 per ounce.\n• The10-year Treasury yieldticked slightly higher to 4.177%.\n• Bitcoinclimbed 4.75% to $47,680.75.\nRead the original article onBusiness Insider', 'During the meme coin mania of 2020-21,Shiba Inu(CRYPTO: SHIB)captured the imagination of crypto investors by offering a potential path to millionaire status. And indeed, there are some crypto investors who did become incredibly wealthy by investing in the meme coin. But Shiba Inu is now down 90% since 2021, and a number of efforts to boost the token\'s price over the past two years have not worked out as planned.\nWhile things admittedly don\'t look promising right now, there are still several possible scenarios forShiba Inuto become a millionaire-maker crypto. I\'m not saying these scenarios are likely, only that they represent possible paths to success. Let\'s take a closer look, and then you can be the judge of just how probable they are.\nThe first scenario involves Shiba Inu\'s coin supply, which remains ridiculously large at 589 trillion coins. To put that number into perspective, the total lifetime supply ofBitcoin(CRYPTO: BTC)is capped at just 21 million coins. From my perspective, the only way to boost Shiba Inu\'s price is by bringing the coin supply down to under 1 trillion coins.\nThe way to do that is viacoin burning, which is simply the act of transferring a coin to a "dead" (i.e., non-functioning) crypto wallet. When you burn a coin, you remove it from the overall circulating coin supply, and that (theoretically) should help to boost the price of the cryptocurrency. With that in mind, Shiba Inu has launched a number of high-profile coin-burning campaigns.\nBut here\'s the thing -- even if Shiba Inu burns 1 trillion coins per year, it would still take 589 years to get the coin supply under 1 trillion! While there are some scenarios out there for how Shiba Inu could burn close to 10 trillion coins per month, there are enormous questions about just how sustainable that pace really is. Even if you did burn 10 trillion coins per month, it would still take five years to bring the coin supply down under 1 trillion.\nThe second scenario involves boosting demand for Shiba Inu tokens. And the way you do that is by boosting the overall utility of the Shiba Inu blockchain. Theoretically, the more ways you can use the Shiba Inu blockchain, the more demand there should be for Shiba Inu tokens.\nThe centerpiece of this strategy was the August 2023 launch of Shibarium, a Layer 2 scaling solution designed to improve the overall speed, efficiency, and throughput of the Shiba Inu blockchain. In many ways, Shibarium is similar to the popular Layer 2 blockchains now running on top of theEthereum(CRYPTO: ETH)blockchain.\nThe question, though, is just how much new demand Shibarium will create for the Shiba Inu token. The launch of Shibarium was supposed to usher in a brave new world of blockchain gaming, decentralized finance (DeFi), and Web3 applications. Some even speculated that Shibarium might be used by large enterprises for their blockchain projects. While the number of transactions taking place on Shibarium seems to be surging in 2024, I\'m taking a wait-and-see approach on this for now.\nFinally, there\'s the most unlikely scenario of them all: Shiba Inu becoming the currency for AI. Ever since the launch of ChatGPT, there has been growing debate over the possible intersection of AI and crypto. In one potential use case, autonomous AI agents would pay for data and computing resources with cryptocurrency. You can think of these autonomous agents as AI-powered bots that you trust with real money to carry out tasks throughout the day.\nRight now, most people think Bitcoin will become the currency of AI. In fact, late last year, Ark Invest dedicated an entire 90-minute podcast to Bitcoin becoming the currency of AI. And, in January of this year,Palantir Technologies(NYSE: PLTR)co-founder Joe Lonsdale told CNBC that the three best candidates to become the currency of AI were Bitcoin, Ethereum, andSolana(CRYPTO: SOL).\nBut what if Shiba Inu becomes the currency of AI? As Elon Musk famously remarked, sometimes the most entertaining outcome is the most likely outcome. And what would be more entertaining than the iconic Shiba Inu dog becoming the mascot of AI? If dog-loving AI bots ever started to use Shiba Inu to pay for data and computing power, the price of the token might skyrocket.\nCertainly, the math behind becoming a Shiba Inu millionaire is alluring. Right now, for example, Shiba Inu trades for the super-low price of $0.000009. Thus, for just $10, you can buy over 1 million Shiba Inu tokens. If the token price goes to $1, you\'re a millionaire.\nBut as we\'ve seen with the scenarios above, the likelihood of Shiba Inu skyrocketing in value from $0.000009 to $1 is highly improbable, if not impossible. Remember -- the all-time-high for Shiba Inu is just $0.00009, which is a little too close to zero for my liking. As a result, Shiba Inu is probably nothing more than a lottery ticket these days and should not be part of a long-term, buy-and-hold portfolio.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Palantir Technologies, and Solana. The Motley Fool has adisclosure policy.\nIs Shiba Inu Still a Millionaire-Maker Crypto?was originally published by The Motley Fool', "When it comes to innovative and disruptive enterprises,Coinbase Global(NASDAQ: COIN)likely comes to mind. The top digital-asset brokerage and exchange operator is at the forefront of trying to bring cryptocurrencies to the masses.\nBut shares haven't been too kind to investors in recent years. If you invested $1,000 in Coinbase in April 2021, the time when it had itsinitial public offering(IPO), your position would be worth just $470 today (as of Feb. 5). That translates to a 53% decline, a disappointment when compared to the 15% rise of theNasdaq Composite Indexduring the same time (including dividends).\nLet's look back at thistop crypto stock's short history as a publicly traded company. Then we can figure out if investors should consider buying shares right now.\nIt was either extreme luck or a stroke of genius, but Coinbase couldn't have entered the public markets at a better time. Stocks and cryptocurrencies were in a bull market run during the post-pandemic boom, lifting shares 43% from $250 at the IPO to their all-time high in November 2021. Even though the stock is up an incredible 231% since the start of 2023, it remains 67% below that previous peak.\nThe stock's volatility mirrors the unpredictable nature of the underlying business. In 2021, Coinbase generated 93% of its revenue from transaction fees, which are derived from providing crypto trading services to both individuals and institutions. When asset prices are rising, as was the case about three years ago, the company's financials reflect this.\nCoinbase reported revenue growth of over 500% in 2021. And its net income totaled $3.6 billion. However, the good times were coming to an end.\nAs theFederal Reserveembarked on an aggressive rate-hiking cycle in early 2022, risky assets started to decline. With investors souring on cryptocurrencies, the once-thriving Coinbase came crashing back down. Sales slumped 59% in 2022. Even worse, the company posted a startling net loss of $2.6 billion that year.\nLast year was one of optimization. Management has been focused on cutting costs across the board, a similar strategy to many other growth tech businesses, and losses have declined significantly.\nWith the overall crypto market roughly doubling in value in 2023, there could be better days on the horizon for Coinbase.\nWhat's encouraging is that despite this crazy ride, Coinbase is still here. And it remains a top crypto brokerage and exchange. That's because ever since its founding, CEO Brian Armstrong has made it a point to work with regulators within existing rules, instead of trying to avoid them. This positions the company as a trusted and secure name in the industry, which might be a competitive advantage.\nHowever, leadership wants to make the company more stable and predictable. In the third quarter of 2023 (ended Sept. 30), about half of Coinbase's revenue came from its services and subscriptions segment.\nThis division, which includes things like staking and custody solutions, grew sales 59% year over year. As the custodian for many of the recently approved spotBitcoinexchange-traded funds, Coinbase could see this segment continue on its path to becoming a more important financial driver.\nThat's certainly what investors want to see, since it can ease the extreme volatility. But at the end of the day, buying Coinbase stock still represents a bet on the growth of the entire cryptocurrency industry. Instead of having to pick individual digital assets that might be tomorrow's winners, investors can consider Coinbase as a way to gain adequate exposure to the space.\nShares aren't cheap anymore at about 10 times sales. But the upside is certainly there for long-term investors who are bullish on this business and the industry. Just understand that this is still a very risky area of the market.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Coinbase in 2021, This Is How Much You Would Have Nowwas originally published by The Motley Fool", 'It\'s no secret that cryptocurrencies can balloon to unimaginable prices seemingly overnight. No better example of this occurred than in 2021 whenShiba Inu(CRYPTO: SHIB)skyrocketed nearly 900% in a matter of weeks.\nUnfortunately, Shiba Inu\'s well-known defects will likely impede its ability to replicate its past success. For investors seeking a safer and more reliable path to riches in the world of cryptocurrency, there is no better choice thanBitcoin(CRYPTO: BTC).\nThere are myriad reasons why Bitcoin is better than Shiba Inu, but the most influential and evident comes down to one thing: supply. In this regard, Bitcoin is the antithesis of Shiba Inu.\nShiba Inu has more than 589 trillion tokens in circulation today. Bitcoin has just 19.25 million. While the meme coin has an infinite supply, Bitcoin\'s is capped at 21 million, with the remaining 1.75 million set to gradually enter circulation at a dwindling rate over the next 116 years.\nAlgorithmically controlled through a process called a "halving," Bitcoin\'s robust monetary policy means it is much better suited for long-term appreciation. Approximately every four years, thereward that miners receivefor validating transactions is halved. This reduction in the reward rate leads to a decrease in the creation of new Bitcoins and contributes to the overall scarcity of the cryptocurrency.\nThe halving process will proceed on its scheduled timeline until 2140, which marks the year when the last Bitcoin will be mined, and the cryptocurrency will enter unprecedented territory.\nEven though Shiba Inu\'s price was able to overcome its token supply in its early days, it\'s more challenging today as the market becomes more familiar with its flawed structure. In recognition of its disproportionate supply, Shiba Inu developers introduced a burn mechanism to reduce the supply and artificially increase its price. So far, the efforts have proved futile.\nAs the crypto market surged in 2023, Shiba Inu was more or less left behind, as its overwhelming supply outpaced any demand. While Bitcoin grew by more than 150%, Shiba Inu climbed a measly 25%.\nThe difference between Bitcoin and Shiba Inu serves as a microcosm of the growing disparity between Bitcoin and the rest of the crypto market. While developers implement upgrades and solutions to make other cryptocurrencies more functional, Bitcoin has no team of developers manipulating it.\nThis is because Bitcoin doesn\'t need them. Its original design is simple and capable, and epitomizes what a cryptocurrency should be. Day after day and year after year, Bitcoin continues to operate just as it has since launching in 2009 without any developers or centralized entity. It should come as no surprise then that Bitcoin has risen to become the most valuable cryptocurrency since it is also the most secure, decentralized, and resilient.\nBest of all, this realization is solidifying and, on its current trajectory, adding further demand to its scarce supply. Take the recent approval of11 new Bitcoin ETFsas evidence of this. For years, Bitcoin was written off as a speculative and worthless asset only used by criminals. Fast-forward to today, and it has become the most valuable cryptocurrency with a new home on Wall Street.\nAnalysts like Ark Invest\'s CEO Cathie Wood believe that increased adoption from traditional finance could be the catalyst that sends Bitcoin to new heights. With tens of trillions of dollars at their disposal, if just 1% of this capital from institutional investors flowed into Bitcoin, its price could reach more than $1.5 million. That would be an increase of more than 3,000% from today\'s prices.\nIs that enough to make you rich? Who\'s to say? The concept of "rich" is clearly subjective and varies from person to person. While the cryptocurrency market is full of uncertainty, there are few things more objective than the simple fact that Bitcoin is built for the long haul and remains the best option for investors seeking true decentralization, security, and scarcity.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nForget Shiba Inu: This Cryptocurrency Could Make You Richwas originally published by The Motley Fool', 'Stock splits are mostly a magician\'s flourish for investors. They do not change the substance of the stock being split but somehow make everything seem more accessible and, by some measures, more exciting.\nYou\'re simplycutting the same business ownership into a different number of slices, usually increasing the share count and lowering stock prices. The total value of the stock itself or the holdings in your brokerage account remains the same. For instance, let\'s say you own a stock priced at $400 per share. If the board of directors decides to execute a 4-for-1 stock split, you\'ll now have four shares worth $100 each.\nBut it\'s not all accounting smoke and mass psychology mirrors. Not every investor has the option to buy fractional shares, and it\'s just more comfortable to keep track of stock prices in a comfortable price range.\nStock splits grab headlines, but the real interest lies in why companies choose to make this move. It\'s often fair to see a stock split as a vote of confidence in the company\'s future, suggesting that its leaders expect share prices to keep rising from an already oversized price tag.\nOn that note, data analytics expertMicroStrategy(NASDAQ: MSTR)seems like a reasonable stock-split candidate. A daring strategy shift has essentially turned the stock into a direct cryptocurrency investment, and its share prices now sit just above $500.\nShould you keep a close eye on the stock-split calendar, expecting MicroStrategy\'s name to pop up soon? Let\'s examine MicroStrategy\'s situation.\nMicroStrategy isn\'t entirely new to the stock-splitting arena. The company has split its shares twice so far, long beforeBitcoin(CRYPTO: BTC)even existed:\n[{"DATE": "July 31, 2002", "STOCK-SPLIT RATIO": "1-for-10"}, {"DATE": "Jan. 27, 2000", "STOCK-SPLIT RATIO": "2-for-1"}]\nData source: Yahoo! Finance.\nThe first split was done in the heyday of the dot-com bubble, shortly before the pop. After entering the public market with a $734 million market cap and $106 share price in the summer of 1998, the stock started the new millennium at $210 per share.\nMicroStrategy was buying smaller data-analytics companies, spending millions of dollars on lavish parties and commercials for the 2000 Super Bowl. Share prices quickly tripled again after the split, lifting MicroStrategy\'s market cap to $24.7 billion for a glorious moment in March 2000. It wasn\'t the largest tech company by a long shot, but MicroStrategy\'s market cap was comparable to promising upstarts likeApple(NASDAQ: AAPL)andAmazon(NASDAQ: AMZN)at the time.\nThat\'s exactly when the dot-com bubble shattered. Free-flowing financing dried up for questionable online business ideas, with harsh consequences for the entire tech sector -- MicroStrategy included.\nBy the end of 2001, theNasdaq Composite(NASDAQINDEX: ^IXIC)index had fallen by 58% from that all-time high. MicroStrategy\'s price was down by 99%, resetting the market cap to a humble $370 million and the stock price to $4.54 per share. So founder, CEO, and Chairman Michael Saylor swallowed the bitter pill of a 1-for-10 reverse stock split, lifting the shares out of penny-stock territory and ensuring compliance with the minimum stock-price requirements of Nasdaq listings.\nMicroStrategy\'s stock-split history reveals a company once caught in the whirlwind of tech euphoria having to face the harsh realities of market correction. I find it poignant that Michael Saylor led his company through those miserable years and still calls the shots today as executive chairman of MicroStrategy.\nButthe MicroStrategy of todayis markedly different from its turn-of-the-century self. The company has boldly pivoted to become a significant player in the cryptocurrency space, converting most of its cash reserves into Bitcoin and raising more money by various means to further build that Bitcoin portfolio. This tactic positions MicroStrategy uniquely at the intersection of business-intelligence software and digital-asset investments -- and the crypto exposure explains nearly all of the stock\'s recent gains.\nAs the landscape of finance and technology continues to evolve, MicroStrategy stands at a fascinating juncture. The stock has quadrupled since the end of 2022, reflecting and amplifying a 166% Bitcoin gain over the same period.\nSo another stock split is starting to look likely. Such a move would signal confidence in the company\'s future trajectory amid the volatile realms of tech and cryptocurrency.\nNow, Saylor might drag his feet on stock-split decisions because he\'s unsure about reminding investors of his company\'s unflattering split history. But everyone else did the same thing in the dot-com bubble, including Amazon and Apple. Both of those former market minnows have gone back to the stock-split well recently, setting a heartening example for other dot-bomb survivors.\nIn this new era, a stock split could serve multiple purposes for MicroStrategy. Beyond adjusting share prices to more accessible levels, it could potentially boost investor interest in a company that straddles two rapidly evolving sectors.\nIt may be unhealthy to hold your breath until Saylor announces a MicroStrategy stock split, but I wouldn\'t bet against it, either. Keeping an eye on that calendar of upcoming stock splits may make sense if you want a slimmer, sleeker version of MicroStrategy\'s stock. Again, splits don\'t really drive shareholder value, but they certainly inspire plenty of headlines. Whether a third split helps MicroStrategy owners or not, that moment in Wall Street\'s spotlight just might make up Michael Saylor\'s mind.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Anders Bylundhas positions in Amazon. The Motley Fool has positions in and recommends Amazon and Apple. The Motley Fool recommends Nasdaq. The Motley Fool has adisclosure policy.\nStock-Split Watch: Is MicroStrategy Next?was originally published by The Motley Fool', "SINGAPORE, Feb. 10, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 10, 2024.\nOKX Walletis now integrated withLumiBit, a Bitcoin Layer 2 solution based on zero-knowledge rollup that offers full EVM equivalence and BTC-native account abstraction. This integration allows OKX Wallet users to easily access LumiBit's diverse EVM ecosystem simply from the OKX Wallet interface.\nLumiBit is dedicated to building a native and inclusive ecosystem for Bitcoin. By streamlining smart contract deployment and leveraging the full spectrum of Bitcoin network assets, LumiBit aims to introduce unparalleled liquidity, speed and cost efficiency to Bitcoin ecosystem, enhancing its functionality and user experience.\nFor further information, please contact:\[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer"]... Last 60 Days of Bitcoin's Closing Prices: [41450.22, 42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-10 Financial & Commodity Data: - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $929,572,300,500 - Hash Rate: 570491417.639278 - Transaction Count: 399252.0 - Unique Addresses: 637411.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The outlook for Australia’s cotton crop has improved following a deluge of rain across growing regions last year that prompted some farmers to boost their planting, according to the nation’s industry group. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Google Lays Off Hundreds in Hardware, Voice Assistant Teams Amazon’s Twitch to Cut 500 Employees, About 35% of Staff These Are the World’s Most Powerful Passports in 2024 SEC Says FBI Is Investigating Compromise of Agency’s X Account Cotton Australia expects production to be at 4.5 million barrels for 2023-24, the top of its previously estimated range, according to Chief Executive Officer Adam Kay. The group warned in October — prior to rains — that the outlook was mixed due to the onset of El Niño, which typically brings drier conditions. Vast parts of eastern Australia has been inundated by heavy rains and flooding since at least October, including a tropical cyclone that damaged sugar crops in Queensland. The wet weather has benefited so-called dryland cotton producers, which rely on rain and stored soil moisture to support plant growth. Cotton is primarily grown in Queensland and New South Wales, and the harvest typically begins around March or April. In early October, Cotton Australia forecast output of 4 million to 4.5 million bales for 2023-24, compared with 5.5 million bales the previous season. Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Elon Musk’s Alleged Drug Use Comes Under a Microscope Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The past couple of years have been extremely difficult for the crypto ecosystem. Scandals, collapses, losses and lawsuits marred the industry, resulting in a loss of confidence in the space — and a loss of funds for many. While 2023, fared better, the trial of former FTX chief executive Sam Bankman-Fried — found guilty of all seven criminal counts against him in November — coupled with many assets still struggling to regain ground, made for a somewhat lukewarm environment.\nWhile the industry is still reeling from these developments, 2024 seems off to a good start, notably with the recent and long-awaited Securities and Exchange Commission (SEC) approval of SpotBitcoinexchange traded funds (ETFs), which many see as a legitimization of the space and the Holy Grail ofcrypto.\nSee:8 Best Cryptocurrencies To Invest In for 2024Here Are:6 Genius Things All Wealthy People Do With Their Money\nYet, for people working in crypto — and its broader ecosystem — however, the ride has proven rocky, although there are some glimpses of hope, with some experts arguing that “it can only go up from here.”\nTo put this in context, in December, crypto job postings on LinkedIn declined a whopping 57% year-over-year, yet, it’s less than the 71% year-over-year drop in November, according to Bloomberg.\nSponsored:Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.\nPhillip Shoemaker, executive director ofIdentity.com, a non-profit organization providing decentralized identity verification, said that while he knew this was going to be a long downturn and took a conservative approach, “getting cash in the bank and such,” he still didn’t expect this bear market to be as long as it has been.\n“Obviously, SBF did a big disservice to us by inviting in the regulators and then really angering them, because he stabbed them in the back by being a fraudster,” said Shoemaker. “There’s been a lot of unhappiness in the space post-FTX, and regulators have been bringing heat. But regulation does need to happen. I’m more concerned about good crypto companies just being down in this environment, but is the time to stay in your lane, to work and, well, to keep building. The bull market will return — it’s a matter of when, not if.”\nFor some participants, working in crypto post-FTX, is working in a landscape that has “dramatically shifted.”\nFor instance, Tayler McCracken, editor-in-chief,Coin Bureau, said that the aftermath of the FTX collapse, the SBF trial, and other high-profile setbacks have significantly altered the industry’s atmosphere.\n“The once buoyant interest has waned, as reflected in the reduced engagement with our content and a noticeable decline in job inquiries. Conversations have shifted from eager curiosity about joining the crypto world to cautious inquiries about its viability,” said McCracken.\nYet, he also noted that despite these challenges, their commitment to the crypto industry remains unwavering.\n“Those of us who continue to navigate these turbulent waters do so out of a firm belief in the potential of crypto to foster a more inclusive, transparent and equitable financial system. We are confident that the industry will emerge stronger, learning from these experiences,” he added.\nNot all is doom and gloom however, and several experts see crypto’s turmoil as an industry undergoing necessary growing pains, which in turn, are triggering some much-needed regulations.\nMike Martin, head of content atTastycrypto, called these changes necessary.\n“We can draw parallels with the early days of the internet — remember the dot-com bubble? Just like then, we’re experiencing periods of intense volatility and vulnerability, which are essential for our growth and resilience, just as it was for the internet back in 2000,” said Martin.\nIn turn, this could set the stage for a more resilient space — and the newly approved Bitcoin ETFs are also helping boost confidence in the space, as it has sparked renewed interest.\n“However, there is at least two-three years of a learning curve for both investment advisors and retail investors before crypto truly becomes a recommended allocation into a portfolio model,” said Andy LaPointe, author, advisor and founder ofCryptoWisdom.com. “This means those working in the industry still have an uphill battle.”\nYet, as Martin further argued, long-term participants in the crypto world, like himself, view these fluctuations through a lens that’s focused on the future, adding that the ebbs and flows of this business, though unsettling, don’t sway them because they know this technology is simply too efficient to not only have a future but be the future.\n“So, what are we as an industry doing in response to these challenges?” he queried. “We’re doing what Chicago did after the great fire of 1871 and what the United States did after the Crash of 1929: we’re rebuilding. We’re strengthening our foundations and our ecosystem to make them more robust than ever. 2023 was a Darwinian ‘survival of the fittest’ moment in crypto, and those of us still around are more resilient than ever.”\nMore From GOBankingRates\n• I'm a Frugal Shopper: 7 Things I Never Waste Money On\n• I'm a Costco Superfan: These Are the 5 Highest-Quality Kirkland Food Items\n• The Reason Your Credit Card Interest Rate is Holding You Back Financially\n• 6 Ways to Tell If You're Financially Smarter Than the Average American\nThis article originally appeared onGOBankingRates.com:How Miserable Is It To Work In Crypto Right Now and Is the Money Still Worth It?", 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment that you don\'t have to check on every 24 hours. But it\'s lousy if you want the types of rocket ship moves required to get to a price like $100,000 or higher.\nAs a result, I\'m starting to recalibrate my expectations for Bitcoin. I\'m expecting it to become less volatile over time. And, as it goes mainstream, I\'m expecting it to become more correlated with traditional asset classes. Combined, this might lead to less aggressive price swings for Bitcoin than we\'ve seen in the past. That being said, however, I\'m still long-term bullish on Bitcoin, which I still think has a chance to break through the $100,000 mark by the end of this year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Reach $100,000 in 2024?was originally published by The Motley Fool', 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment that you don\'t have to check on every 24 hours. But it\'s lousy if you want the types of rocket ship moves required to get to a price like $100,000 or higher.\nAs a result, I\'m starting to recalibrate my expectations for Bitcoin. I\'m expecting it to become less volatile over time. And, as it goes mainstream, I\'m expecting it to become more correlated with traditional asset classes. Combined, this might lead to less aggressive price swings for Bitcoin than we\'ve seen in the past. That being said, however, I\'m still long-term bullish on Bitcoin, which I still think has a chance to break through the $100,000 mark by the end of this year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Reach $100,000 in 2024?was originally published by The Motley Fool', "Coming off an impressive 2023, when it rose by more than 150%,Bitcoin(CRYPTO: BTC)is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark?\nLet's cut to the chase: The answer is yes. The reasoning for this corresponds to several evolving developments, but the most influential boils down to one simple phenomenon: supply and demand. With a bit of math, it becomes easy to see how a six-figure Bitcoin is not only within the realm of possibility but almost a near certainty.\nEven though you can't physically hold a bitcoin, it's like any other asset in that its price is subject to supply and demand. Where the cryptocurrency differs is that we know with certainty not only that it will become more scarce with time, but exactly when and by how much.\nUnderpinning its robust monetary model is an event hardwired into its code known as the halving. After 210,000 blocks are added to the blockchain -- or roughly every four years -- the crypto's inflation rate is cut in half. This process will occur until 2140 when the lastbitcoin is mined.\nThe next halving is slated for this April, at which point Bitcoin's inflation rate will drop from around 1.75% to just 0.85%. As a result, only 656,250 bitcoins will hit the market from this halving to the next, exactly half of the 1,312,500 that entered the market from the previous halving.\nThe effects of the halving are relatively simple. As the rate of supply diminishes, Bitcoin's price can soar even if demand stays constant.\nIn the years that a halving took place, Bitcoin's price grew by around 125% on average. Should a similar situation unfold this time around, a 125% increase from its price at the beginning of the year would put Bitcoin just shy of the six-figure mark at $99,000.\nAssuming this halving plays out like previous ones, we should get awfully close to the coveted $100,000 price tag. However, we must account for another variable: Bitcoin's existing supply levels.\nWhile around 19.6 million bitcoins are technically in circulation today, only 2.3 million are readily available for purchase on exchanges. This is the lowest level seen since early 2018. More importantly, such low levels mean that the upcoming halving will be the first time in Bitcoin's history that there are fewer coins on the market than during the previous halving.\nFor all of Bitcoin's history, the total supply on exchanges grew, even as halvings passed. But that changed in 2020 when an apparent decline formed. The explanation for this is multifaceted, but the most concise one is that demand has finally started to outpace supply.\nNow, the digital coin's historically low supply will come under even greater pressure with a halving on the horizon. While the halving holds the potential to push it close to $100,000, the added impact of a supply shortage will likely prove to be extra fuel it needs to reach six figures.\nThe majority of this analysis uses past data to project performance. It should go without saying, but historical patterns are not certainties of future returns. For all we know, this halving could be the anomaly that breaks the trend.\nAlthough it is unclear what the exact outcome will be, it is difficult to ignore the impact of the halving and the compounding effect it will have on an already scarce supply. The relationship between supply and demand is as crucial to an asset's value as gravity is to the solar system. It forms the basis of all patterns and behaviors.\nAny alteration to an asset's supply will add upward pressure to its price as long as demand stays constant, and by almost every account, it doesn't look like demand for Bitcoin is going anywhere.\nAdmittedly, hitting $100,000 in 2024 might be a bit of a long shot, but it is undoubtedly in the cards. If Bitcoin doesn't hit six figures this year, it only provides more time for investors to accumulate it as it hurtles toward the highly anticipated $100,000 mark.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Hit $100,000 in 2024was originally published by The Motley Fool", "Coming off an impressive 2023, when it rose by more than 150%,Bitcoin(CRYPTO: BTC)is shaping up to have an even better 2024. But will it be able to keep enough momentum to hit the highly anticipated $100,000 mark?\nLet's cut to the chase: The answer is yes. The reasoning for this corresponds to several evolving developments, but the most influential boils down to one simple phenomenon: supply and demand. With a bit of math, it becomes easy to see how a six-figure Bitcoin is not only within the realm of possibility but almost a near certainty.\nEven though you can't physically hold a bitcoin, it's like any other asset in that its price is subject to supply and demand. Where the cryptocurrency differs is that we know with certainty not only that it will become more scarce with time, but exactly when and by how much.\nUnderpinning its robust monetary model is an event hardwired into its code known as the halving. After 210,000 blocks are added to the blockchain -- or roughly every four years -- the crypto's inflation rate is cut in half. This process will occur until 2140 when the lastbitcoin is mined.\nThe next halving is slated for this April, at which point Bitcoin's inflation rate will drop from around 1.75% to just 0.85%. As a result, only 656,250 bitcoins will hit the market from this halving to the next, exactly half of the 1,312,500 that entered the market from the previous halving.\nThe effects of the halving are relatively simple. As the rate of supply diminishes, Bitcoin's price can soar even if demand stays constant.\nIn the years that a halving took place, Bitcoin's price grew by around 125% on average. Should a similar situation unfold this time around, a 125% increase from its price at the beginning of the year would put Bitcoin just shy of the six-figure mark at $99,000.\nAssuming this halving plays out like previous ones, we should get awfully close to the coveted $100,000 price tag. However, we must account for another variable: Bitcoin's existing supply levels.\nWhile around 19.6 million bitcoins are technically in circulation today, only 2.3 million are readily available for purchase on exchanges. This is the lowest level seen since early 2018. More importantly, such low levels mean that the upcoming halving will be the first time in Bitcoin's history that there are fewer coins on the market than during the previous halving.\nFor all of Bitcoin's history, the total supply on exchanges grew, even as halvings passed. But that changed in 2020 when an apparent decline formed. The explanation for this is multifaceted, but the most concise one is that demand has finally started to outpace supply.\nNow, the digital coin's historically low supply will come under even greater pressure with a halving on the horizon. While the halving holds the potential to push it close to $100,000, the added impact of a supply shortage will likely prove to be extra fuel it needs to reach six figures.\nThe majority of this analysis uses past data to project performance. It should go without saying, but historical patterns are not certainties of future returns. For all we know, this halving could be the anomaly that breaks the trend.\nAlthough it is unclear what the exact outcome will be, it is difficult to ignore the impact of the halving and the compounding effect it will have on an already scarce supply. The relationship between supply and demand is as crucial to an asset's value as gravity is to the solar system. It forms the basis of all patterns and behaviors.\nAny alteration to an asset's supply will add upward pressure to its price as long as demand stays constant, and by almost every account, it doesn't look like demand for Bitcoin is going anywhere.\nAdmittedly, hitting $100,000 in 2024 might be a bit of a long shot, but it is undoubtedly in the cards. If Bitcoin doesn't hit six figures this year, it only provides more time for investors to accumulate it as it hurtles toward the highly anticipated $100,000 mark.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Hit $100,000 in 2024was originally published by The Motley Fool", 'It can be intimidating to invest in the tech sector\'s top stocks, which often cost hundreds to thousands of dollars for a single share. Most brokerages make it easier to invest in those stocks through fractional shares, but some investors might still prefer to buy even lots of 100 shares, which are easier to track or use for covered calls.\nInvestors should remember that a stock\'s trading price never defines how cheap or expensive it actually is. For example, a stock that trades at a single-digit price with a triple-digitprice-to-earningsratio is still usually more expensive than a stock that trades at a triple-digit price with a single-digit price-to-earnings ratio.\nThat said, stocks that trade at less than $20 a share might still be considered more manageable than higher-priced stocks. So today, we\'ll take a closer look at three promising tech stocks that trade under that threshold: the solid-state battery makerQuantumScape(NYSE: QS), the Taiwanese contract chipmakerUnited Microelectronics(NYSE: UMC), and theBitcoinminerMarathon Digital(NASDAQ: MARA).\nQuantumScape produces solid-state batteries that are powered by solid electrolytes instead of the liquid electrolytes used in lithium-ion batteries. Solid-state batteries are generally less volatile, more resistant to high temperatures, less susceptible to leaks and fires, and can charge faster than lithium-ion batteries.\nQuantumScape is developing solid-state batteries for the electric vehicle (EV) market that can be fully charged in less than 15 minutes and have a range of 400-500 miles. Those batteries could potentially replace traditional lithium-ion batteries for EVs, which require roughly 30 minutes to charge for a range of approximately 300 miles.\nQuantumScapehasn\'t commercializedany of its batteries nor generated any meaningful revenue yet, but its biggest backer isVolkswagen. It\'s gradually shipping its first samples this year, and analysts expect it to generate just $2 million in revenue in 2024 and $15 million in revenue in 2025.\nThat doesn\'t seem like a lot of revenue for a company with an enterprise value of $2.5 billion, but QuantumScape\'s revenue could skyrocket over the next decade as automakers switch to solid-state batteries. If you believe QuantumScape will remain a major player in this nascent market, then it could be a great buy at $7 a share.\nUnited Microelectronics, better known as UMC, is Taiwan\'s second-largest contract chipmaker afterTaiwan Semiconductor Manufacturing. It\'s often overshadowed by TSMC because it manufactures larger, older, and cheaper chips -- but it\'s still a crucial cog in the global semiconductor supply chain.\nUMC stopped chasing TSMC in the pricey "process race" to manufacture smaller, denser, and more power-efficient chips in 2018. After that shift, it produced chips for lower-end mobile devices, connected cars, industrial machines, and Internet of Things\xa0gadgets. From 2018 to 2023, it grew its revenue at a stable compound annual growth rate (CAGR) of 8%. Its operating margin expanded from 4% to 26%, while its earnings per share (EPS)\xa0increased at a CAGR of 53%.\nThat explosive earnings growth suggests that UMC made the right move by pivoting toward older and cheaper chips. For 2024, analysts expect its revenue to grow 8% as higher expenses and lower utilization rates reduce its EPS by 19%. That cyclical slowdown isn\'t surprising, but its stock still looks cheap at 12 times next year\'s earnings and pays a hefty forward yield of 7.3%. At $8 per share, it might be more appealing to retail investors than TSMC -- which still trades at about $125.\nMarathon Digital is the world\'s largest pure-play Bitcoin miner. It had energized a fleet of approximately 212,900 Bitcoin miners at the end of January, and it produced an average of 35 Bitcoin daily throughout the entire month. Marathon consistently adds that Bitcoin to its own balance sheet while selling some of those holdings to raise extra cash.\nThat cash flow growth enabled it to open two new plants, launch a mining joint venture in Abu Dhabi, and buy several other mining sites over the past year. However, it still ended January with $989 million in cash, cash equivalents, and Bitcoin -- which puts it in a strong position to further consolidate the mining market.\nHowever, Marathon\'s growth is still tightly tethered to Bitcoin\'s volatile price, which nearly doubled over the past 12 months after enduring some wild swings. Analysts expect its revenue to grow at a CAGR of 55% from 2023 to 2025, as Bitcoin\'s price bounces back and it scales up its mining operations. So if you believe Bitcoin\'s price will keep rising, Marathon\'s stock could be a bargain at just 5 times next year\'s sales -- and it trades just under the $20 threshold at about $18 as of this writing.\nShould you invest $1,000 in QuantumScape right now?\nBefore you buy stock in QuantumScape, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and QuantumScape wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Taiwan Semiconductor Manufacturing, and Volkswagen Ag. The Motley Fool has adisclosure policy.\n3 Top Tech Stocks Under $20 per Sharewas originally published by The Motley Fool', 'In 2023,Solana(CRYPTO: SOL)soared in value by more than 900%, making it one of the top-performing major cryptocurrencies. But it\'s been an entirely different story in 2024. Solana is up a meager 2% for the year, and seems to have stalled out around the $100 price level.\nThis could simply be a case ofSolanaoverheating, and investors needing time to pause and regroup after a scorching rally last year. Or it could be an early warning signal of deeper problems at Solana. Let\'s take a closer look.\nThree major factors appear to be weighing on Solana right now. One is related to therecent launchof the spotBitcoin(CRYPTO: BTC)ETFs. Given all the buzz and hype surrounding this launch, investors were focused almost entirely on Bitcoin in January. Any investment dollars that once might have flowed to Solana were now going almost entirely to Bitcoin. At one point in mid-January, 98% of all institutional money was going to Bitcoin.\nPerhaps of more concern are the questions that continue to swirl around the security and resilience of Solana\'s blockchain. In early February, Solana suffered a major five-hour outage, bringing its blockchain to a screeching halt. That might not sound like a big deal, but Solana has had a pattern of these network outages for more than two years. Solana set a record for network uptime last year, but investors now have a right to question whether its downtime problems are really behind it.\nFinally, investors may be increasingly circumspect about the wave of meme coin mania that engulfed the Solana blockchain at the end of 2023. The meme coin that set this off wasBonk(CRYPTO: BONK), which surged in value by 1,000% at one point last year. There has also been a steady supply of new meme coins and speculative new blockchain projects in 2024. As a result, many of the metrics typically used to track Solana are now being artificially inflated by all this new trading in meme coins.\nWhile all these factors are, to a degree, a point of concern, they should not distract from the big picture view. Solana is uniquely positioned to challengeEthereum(CRYPTO: ETH)as the preeminent Layer 1 blockchain network, and this should be the focus of any investment thesis for Solana backers.\nIn 2023, Solana steadily chipped away at Ethereum\'s dominance in many key blockchain niches, especially decentralized finance (DeFi). By the end of the year, overall trading volume on Solana\'s decentralized exchanges was higher than overall trading volume on Ethereum\'s decentralized exchanges.\nMoreover, institutional investors appear to be increasingly buying into the idea of Solana being a credible "Ethereum killer." The best evidence comes from Cathie Wood of Ark Invest, who appeared on CNBC at year-end to make the case for Solana as a faster, more cost-efficient version of Ethereum. While Ethereum may have the first-mover advantage, Solana appears to be gaining ground. Over the long haul, the thinking goes, Solana may eventually flip Ethereum in market cap.\nEven better, Solana appears to be innovating at a much faster pace than Ethereum right now. While Ethereum continues to roll out incremental improvements to its blockchain, Solana is pushing ahead with a disruptive new mobile crypto strategy that includes both a hardware component (the Sage crypto phone) and a software component (the Solana Mobile Stack). This is something that Ethereum is not even close to offering. As a result, I\'m expecting Solana to grow much more rapidly than Ethereum going forward.\nKeep your eye on the relative market performance of Solana versus Ethereum. This will give you the best indicator of where Solana is headed next. In 2024, Solana is up 2%, while Ethereum is up 6%, so they are essentially running neck-and-neck right now. The slight edge for Ethereum can be attributed to all the buzz surrounding a potential spot Ethereum ETF coming in May.\nSo, for now, I\'m confident that the overall investment thesis for Solana remains in place. Over the long haul, Solana is uniquely positioned to challenge Ethereum for market dominance. Yes, there will be momentary pullbacks and retrenchments along the way. But Solana is building real, lasting value. So I\'m not worried about Solana temporarily stalling out at the $100 price level. I remain long-term bullish on Solana.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nAfter a Magnificent Rally in 2023, Is Solana Still a Buy?was originally published by The Motley Fool', "In this article, we discuss the 14 best US stocks for foreign investors. If you want to read about some more US stocks that foreigners should consider for their portfolios, go directly to the5 Best US Stocks For Foreign Investors.\nLate last year, investors flocked to Treasuries amid expectations of rate cuts by the Fed as early as the first quarter of this year. This surge in demand caused government bond prices to rebound sharply from 16-year lows. However, many investors are now reassessing their positions followingrobustU.S. jobs data and a cautious tone from the Fed, with the central bank recently warning that a strong economy could lead to inflationary pressures if rates are reduced prematurely. While investors still anticipate multiple rate cuts this year, there is now greater uncertainty regarding the timing and extent of the Fed's monetary easing measures.\nThat said, investors would do well to recall that the NASDAQ Composite experienced a sharp decline of over 33% in 2022 amid concerns of a recession. Even during the pandemic-induced volatility of 2020, characterized by surges in tech-heavy growth stocks, the index closed the year with an impressive gain of nearly 44%. It appears that this positive momentum is carrying into 2024, with many investors maintaining confidence in their tech holdings and anticipating further profitability as the year unfolds. The latest growth indicators suggest that the index is poised for another record-setting year in the market.\nOn February 1, Farzin Azarm from Mizuho Americas discussed current trends in the US tech sector and investors' continued focus on tech stocks during an appearance onCNBC. Azarm suggests that the persistent favoritism towards US tech stocks is leading to a disregard for stocks from other regions, particularly those from China. He posits that a significant shift in the US tech and AI sectors is necessary to redirect investment interest towards Chinese stocks. Azarm notes that investors, having already allocated substantial funds to pricey American stocks, are hesitant to further invest in similarly expensive companies.\nGiven the circumstances outlined above, it's no wonder that renowned companies like Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN) remain top contenders as some of the best American stocks to invest in, both in the eyes of analysts and investors.\nAn aerial view of a bustling financial market, highlighting the complexity of the public finance sector.\nOur Methodology\nFor this list, we utilized a stock screener to identify stable companies exhibiting revenue growth exceeding 10%. Subsequently, we ranked them by market capitalization to highlight the largest companies. Our selection process focused on identifying the top US stocks for foreign investors, considering both revenue growth and hedge fund sentiment as of the third quarter of 2023. The list is organized in ascending order based on the number of hedge fund holders. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years(see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 85\nQuarterly Revenue Growth: 17.16%\nMerck & Co., Inc. (NYSE:MRK), a distinguished American multinational pharmaceutical company headquartered in Rahway, New Jersey, boasts a rich history dating back to the establishment of the Merck Group in Germany in 1668. Originally the American arm of this venerable group, the company operates under the names Merck Sharp & Dohme or MSD outside the United States and Canada. It holds a prominent position in the pharmaceutical industry, specializing in the development of medicines, vaccines, biologic therapies, and animal health products.\nDemonstrating a consistent pattern of dividend growth for 11 consecutive years, the company currently offers a quarterly dividend of $0.77 per share, resulting in a dividend yield of 2.42% as of February 7.\nInsider Monkey sifted through 910 hedge funds for their third-quarter 2023 investments, revealing that 85 had invested in Merck & Co., Inc. (NYSE:MRK), up from 78 in the previous quarter.\nMuch like Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN), Merck & Co., Inc. (NYSE:MRK) operates as one of the best American stocks to invest in.\nNumber of Hedge Fund Holders: 88\nQuarterly Revenue Growth: 21.71%\nHeadquartered in Charlotte, North Carolina, at the Bank of America Corporate Center, Bank of America Corporation (NYSE:BAC) stands as a leading American multinational investment bank and financial services holding company. Serving a diverse clientele spanning individual consumers, large corporations, and governments worldwide, the bank is renowned for its comprehensive range of financial solutions.\nInvestors appreciate Bank of America Corporation (NYSE:BAC)'s solid dividend performance, with the company offering a quarterly dividend of $0.24 per share, resulting in an appealing dividend yield of 2.89% as of February 7.\nInsider Monkey's data for the third quarter of 2023 revealed that 88 out of the 910 hedge funds tracked had invested in Bank of America Corporation (NYSE:BAC). Notably, Warren Buffett's Berkshire Hathaway held the largest stake in the company, with an impressive $28.2 billion investment.\nNumber of Hedge Fund Holders: 102\nQuarterly Revenue Growth: 12.49%\nNetflix, Inc. (NASDAQ:NFLX) is a California-based company renowned for its subscription video-on-demand over-the-top streaming service, available in over 190 countries.\nOn January 23, Netflix, Inc. (NASDAQ:NFLX) reported a Q4 GAAP EPS of $2.11, slightly below Wall Street estimates by $0.11. However, revenue for the period increased 12.5% year-over-year to $8.83 billion, surpassing market expectations by $120 million. The company's global streaming paid memberships saw a significant increase of 13.12 million, reaching 260.28 million. Netflix, Inc. (NASDAQ:NFLX) also provided guidance for Q1 2024, expecting revenue of $9.24 billion, slightly below the consensus estimate of $9.26 billion, and projected earnings per share of $4.49, surpassing the consensus estimate of $4.14.\nAccording to Insider Monkey’s third-quarter database, 102 hedge funds were bullish on Netflix, Inc. (NASDAQ:NFLX), down from 114 funds in the preceding quarter. Boykin Curry’s Eagle Capital Management is among the biggest stakeholders of the company, holding 2.5 million shares valued at over $970 million.\nNumber of Hedge Fund Holders: 104\nQuarterly Revenue Growth: 14.06%\nHeadquartered in Minnetonka, Minnesota, UnitedHealth Group Incorporated (NYSE:UNH) is a leading American multinational corporation specializing in managed healthcare and insurance services, operating as a for-profit entity. The corporation is structured into four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. Recognized as one of the best American stocks to buy, UnitedHealth Group Incorporated (NYSE:UNH) offers a quarterly dividend of $1.88 per share as of February 7.\nInsider Monkey’s database of 910 hedge funds reveals that 104 hedge funds reported owning stakes in UnitedHealth Group Incorporated (NYSE:UNH). The most significant stakeholder in the firm during this period was Rajiv Jain’s GQG Partners, which holds a $1.63 billion stake in the company.\nMairs & Power Growth Fund made the following comment about UnitedHealth Group Incorporated (NYSE:UNH) in its second quarter 2023 investorletter:\n“Notable detractors to performance in the first half were US Bank (USB), Charles Schwab (SCHW), andUnitedHealth Group Incorporated(NYSE:UNH), which were down 22.09%, 31.65%, and 8.65%, respectively. Another detractor from relative performance was UnitedHealth Group, which was down 8.65%. However, we have a positive long-term view of the company, headquartered in Minnesota, and especially its potential when it comes to harnessing its vast amounts of patient data via AI. Additionally, its Optum unit, which provides technology and data-driven care delivery, has AI-enabled tools that can help healthcare providers drive more efficient and accurate care to patients.\nNumber of Hedge Fund Holders: 109\nQuarterly Revenue Growth: 31.14%\nBased in New York City and incorporated in Delaware, JPMorgan Chase & Co. (NYSE:JPM) stands as a leading American multinational financial services corporation and the largest bank in the United States.\nOn December 12, JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend of $1.05 per share on its outstanding common stock. The dividend was scheduled to be distributed on January 31, to shareholders of record as of January 5, 2024.\nInsider Monkey's Q3 2023 database revealed that 109 hedge funds held stakes in JPMorgan Chase & Co. (NYSE:JPM), a slight increase from 106 in the previous quarter. The combined value of these holdings exceeds $6.6 billion.\nJPMorgan Chase & Co. (NYSE:JPM) joins the ranks of Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Amazon.com, Inc. (NASDAQ:AMZN) as one of the best American stocks to buy.\nNumber of Hedge Fund Holders: 110\nQuarterly Revenue Growth: 10.16%\nHeadquartered in Santa Clara, California, Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company specializing in the development of computer processors and associated technologies, catering to both business and consumer markets.\nOn February 1, Citi analyst Christopher Danely noted an increase in Advanced Micro Devices, Inc. (NASDAQ:AMD)'s guidance for artificial intelligence-related revenue, now anticipating $3.5 billion in sales for the current year, up from the previous estimate of $2 billion. Citi suggested that the company might intentionally be underestimating, and Advanced Micro Devices, Inc. (NASDAQ:AMD)'s CEO expressed confidence in surpassing the $3.5 billion figure for this year.\nAs of Q3 2023, Insider Monkey tracked 110 hedge funds holding shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), with a total value of $9.2 billion. Among them, Fisher Asset Management, led by Ken Fisher, emerged as the largest hedge fund shareholder, with ownership of 27.8 million shares valued at $2.9 billion.\nNumber of Hedge Fund Holders: 112\nQuarterly Revenue Growth: 13.22%\nHeadquartered in California, Adobe Inc. (NASDAQ:ADBE) is a versatile software company offering a wide range of products and solutions that empower individuals, teams, and enterprises to create, publish, and promote content. Renowned as a top choice for content creators, students, professionals, and consumers alike, Adobe Inc. (NASDAQ:ADBE) also operates a Digital Experience segment, serving brands and businesses in managing, implementing, and monetizing customer experiences.\nOn December 13, Adobe Inc. (NASDAQ:ADBE) announced a Q4 non-GAAP EPS of $4.27 and revenue of $5.05 billion, surpassing Wall Street estimates by $0.13 and $30 million, respectively. One of the best American stocks for foreign investors, the company repurchased approximately 1.8 million shares during the fourth quarter of 2023.\nInsider Monkey's third-quarter database revealed that 112 hedge funds were bullish on Adobe Inc. (NASDAQ:ADBE), up from 109 funds in the previous quarter. Leading the pack, Ken Fisher’s Fisher Asset Management holds the largest stake in the company, with 4.5 million shares valued at $2.3 billion.\nNumber of Hedge Fund Holders: 122\nQuarterly Revenue Growth: 11.27%\nSalesforce, Inc. (NYSE:CRM) stands out as a prominent America Last 60 Days of Bitcoin's Closing Prices: [42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-11 Financial & Commodity Data: - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $937,046,072,462 - Hash Rate: 514192922.4775072 - Transaction Count: 329938.0 - Unique Addresses: 558692.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The much-anticipated sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by the Ordinals project Taproot Wizards was marred by technical issues on Monday, leaving users frustrated and forcing an embarrassing delay. The planned sale of around 3,000 digital cats, designed to honor a Bitcoin improvement proposal known as OP_CAT, commenced with a two-hour "whitelist" window at 17:00 UTC (noon ET) on Monday, butthis had to be postponed until Tuesday due to the issues encountered. "There’s been an incredible demand for the cats today, and our servers simply couldn’t handle the amount of people who were trying to mint,"Taproot Wizards posted on X. The collection was on sale for 0.1 BTC ($4,300), meaning as much as 300 BTC ($12.9 million) could have been raised if every cat was to be sold. According to the tweet, around 30% of the cats were minted on Monday. That would equate to nearly 1,000 cats, for around around 100 BTC ($4.3 million). It was an inauspicious start for Taproot Wizards, whichraised $7.5 million in a seed funding round in November, reflecting the high hopes for projects focused on the fast-growing arena of inscriptions from the Ordinals protocol, colloquially referred to as "NFTs on Bitcoin." The first item in the Quantum Cats series, a special image known as "Genesis Cat," sold earlier this month on the auction house Sotheby's for an eye-popping $254,000. Udi Wertheimer, one of the company's co-founders, apologized to would-be buyers during a live Spaces session on the social-media platform X. "There's been some glitches," Wertheimer said. "I know this isn't the experience people were expecting." Following the two-hour whitelist window, the plan was for minting to pause for an hour before the remaining cats became available for general sale. Complaints filled the project's Discord channel on Monday: "This has got to be one of the worst mint experiences I've ever seen," one user wrote. TheOrdinals protocol allows the inscriptions of datainto satoshis – the smallest units of bitcoin – effectively creatingnon-fungible tokens(NFTs) on the Bitcoin network. The protocoldebuted at the start of 2023, becoming a contentious issue for the Bitcoin community, with some users saying they are pointlessly congesting the network. Read More:Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• The waitlist for new Ethereum validators is now the longest since early October.\n• The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%.\nThe Ethereum network is witnessing a spike in the number of validators looking to stake their ether {{ETH}}.\nThe so-called validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data sourceValidatorQueue. The waitlist, representing over 225,000 ether ($562 million), is expected to be cleared in just over 48 hours.\nEthereum limits the number of new validators that can join the network per epoch or the time it takes to process blocks on the blockchain. This results in a backlog. AnEthereum epochis 6.4 minutes long.\nValidators are entities that stake a minimum of 32 ether in the network to participate in running Ethereum’s proof-of-stake consensus blockchain. In exchange for staking ether, they receive a steady rate of return analogous to interest income from fixed-income instruments like bonds.\n“Resurgence in Ethereum staking activity indicates initial signs of renewed vitality,” David Lawant, head of research at institutional crypto exchange FalconX, said in an email on Friday.\nLawant added that the renewed uptick in the activation queue is notable, as there has been little to no improvement in the annualized percentage yield on staked ether.\nCoinDesk’scomposite ether staking ratecontinues to hover between 3.5% and 4% for the fourth straight month, offering barely any premium compared to the yield or the so-called risk-free rate of 4.17% on the 10-year U.S. Treasury note.\nWhile the number of stakers looking to join the network has spiked, the tally remains well below the figures over 75,000 seen following Ethereum’s Shapella upgrade in April last year. TheShapella upgradeopened withdrawals of staked ether for the first time, de-risking the process of locking coins in return for rewards.\nThe waitlist for validators looking to exit saw abrief spike in early Januaryafter failed crypto lender Celsius revealed plans to unstake its entire ether holdings.\nEther jumped nearly 10% last week, underperforming bitcoin’s {{BTC}}14.5% gainand the 11% rise in theCoinDesk 20 Index.\nThe uncertainty about the potential launch of U.S.-based spot ETFs later this year and the need for more clarity in the SEC’s categorization of ether haveseemingly kept traders fromaggressively buying ether.\nAccording to Lawant, everyone is waiting to see whether the potential ETH ETFs will be allowed to stake coins.\n“Ark/21Shares updated their S-1 form to include a staking component this week. The back and forth on S-1 amendments over the upcoming months ahead of the key date on May 23 will hint at whether that’s a real possibility,” Lawant noted.', '• Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.\n• Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future.\nBitcoin’s {{BTC}} technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in aresearch notelast week.\n“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder – and has historically preceded bull runs.\nZhao stated that the advent of ordinal inscriptions and BRC-20 tokens had revitalized on-chain activity on Bitcoin, generating upwards of $200 million in transaction fees for miners as of February 2024.\n“This trend is expected to persist, bolstered by renewed developer interest and ongoing innovations on the Bitcoin blockchain,” he said.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April to allow users to issue transferable tokens directly through the network for the first time.\nThe tokens, called inscriptions, function on the Ordinals Protocol. The protocol allows users to embed data on the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nDuring times of network demand, fees derived from Ordinals they consisted of over 20% of monthly revenue for miners – emerging as a new source of income, one of the network’s most important stakeholders.\nBeyond generally positive onchain fundamentals, bitcoin’s market structure looks beneficial to price post-halving, the report said. Lower rewards are expected to require relatively lower buying pressure to keep prices afloat, which, with increased demand, could translate to higher prices.\n“Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).”\n“In order to maintain current prices, a corresponding buy pressure of $14 billion annually is needed,” he stated, adding that these requirements will decrease “to $7 billion annually” after the halving as rewards fall down to 3.25 bitcoin per block, “effectively easing the selling pressure.”\nSpot bitcoin ETFs have amassed more than 192,000 bitcoins in holdings as of Friday since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.\n• Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future.\nBitcoin’s {{BTC}} technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in aresearch notelast week.\n“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder – and has historically preceded bull runs.\nZhao stated that the advent of ordinal inscriptions and BRC-20 tokens had revitalized on-chain activity on Bitcoin, generating upwards of $200 million in transaction fees for miners as of February 2024.\n“This trend is expected to persist, bolstered by renewed developer interest and ongoing innovations on the Bitcoin blockchain,” he said.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April to allow users to issue transferable tokens directly through the network for the first time.\nThe tokens, called inscriptions, function on the Ordinals Protocol. The protocol allows users to embed data on the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nDuring times of network demand, fees derived from Ordinals they consisted of over 20% of monthly revenue for miners – emerging as a new source of income, one of the network’s most important stakeholders.\nBeyond generally positive onchain fundamentals, bitcoin’s market structure looks beneficial to price post-halving, the report said. Lower rewards are expected to require relatively lower buying pressure to keep prices afloat, which, with increased demand, could translate to higher prices.\n“Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).”\n“In order to maintain current prices, a corresponding buy pressure of $14 billion annually is needed,” he stated, adding that these requirements will decrease “to $7 billion annually” after the halving as rewards fall down to 3.25 bitcoin per block, “effectively easing the selling pressure.”\nSpot bitcoin ETFs have amassed more than 192,000 bitcoins in holdings as of Friday since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', 'In 2023,Bitcoinmining stocks were a no-brainer investment. All of them were up triple digits or more last year, and it was really just a matter of finding the Bitcoin mining companies with the largest number of Bitcoin mining rigs. The more mining rigs they had, the more Bitcoin they could mine and the more money they could make. Simple, right?\nWell, all that could change in 2024. For one, there\'s the upcoming Bitcoin halving, which could lead to a shakeout in theBitcoin miningindustry. That, in turn, could open the door to the arrival of new Bitcoin mining competitors. The one I\'m keeping my eye on is Ocean, a new Bitcoin mining venture backed by legendary tech entrepreneur Jack Dorsey.\nPerhaps the biggest investor misconception about Bitcoin mining is that the largest players are the publicly traded Bitcoin mining stocks. That couldn\'t be further from the truth. In fact, large Bitcoin mining companiesMarathon Digital Holdings(NASDAQ: MARA)orRiot Platforms(NASDAQ: RIOT)each account for less than 5% of the total Bitcoin mining market. If you add up the market share of the public Bitcoin miners, it amounts to less than 30%.\nSo who controls the other 70%? There are some privately held Bitcoin mining companies, of course. But the two biggest players -- Foundry USA and AntPool -- areBitcoin mining pools.\nYou can think of each mining pool as a giant syndicate that consists of many smaller Bitcoin mining operations. In exchange for contributing their computing power to the syndicate, each participant receives a percentage of the overall profits. Right now, Foundry (based in upstate New York) and AntPool (based in China) are responsible for nearly 57% of all Bitcoin mined by these mining pools.\nAnd that\'s where Ocean comes into the picture. Ocean is a new type of Bitcoin mining pool that launched in November 2023 with the tagline, "Bitcoin mining as it was supposed to be." It\'s backed by Jack Dorsey, who has been a Bitcoin supporter for more than a decade. In fact, Jack Dorsey famously touted Bitcoin as "amazing" when it was trading for just $11 back in 2012. He was also one of the first tech visionaries to think of the possible ways social media companies might integrate cryptocurrencies like Bitcoin into their business models.\nAccording to Dorsey, the growing power of the biggest Bitcoin mining pools is bad for Bitcoin. The goal of Bitcoin is to be as decentralized as possible, and if just two mining pools are at the center of Bitcoin production, that\'s not good. In fact, danger signals start to flash anytime a Bitcoin miner starts to control anywhere near half of the total market.\nAnd that\'s what we\'re seeing with Foundry and AntPool. If they ever decided to combine forces, they could potentially control more than one-half of total Bitcoin production. That would raise the specter of a 51% attack, which is among the most feared cyber risks within the blockchain industry.\nSo Ocean is supposed to change all that by changing the incentives for Bitcoin miners and making it easier for small miners to be successful. While Ocean is still microscopically small, given that it just launched, it\'s an entrant to keep an eye on. In a best-case scenario, miners who once participated in larger Bitcoin mining pools (i.e., Foundry or AntPool) will start to participate with Ocean. Over time, that will help with the decentralization problem and help to preserve the stability of Bitcoin.\nJack Dorsey\'s new venture could have an impact on the way we think about Bitcoin mining stocks. For example, it could shift attention away from the miners themselves to the companies providing the "picks and shovels" to these Bitcoin miners. And that includesBlock Inc.(NYSE: SQ), where Jack Dorsey is the CEO.\nFor the past 12 months, Block has been ramping up its exposure to the Bitcoin mining space. In April 2023, for example, it bought up Bitcoin mining chips from Intel as part of a larger plan to become more involved in the production of tools and equipment needed to mine Bitcoin. In July, it unveiled a Mining Development Kit (MDK) for Bitcoin miners. And in December, it unveiled a new Bitcoin wallet.\nMoreover, Jack Dorsey\'s new venture will likely bring more attention to the concept of Bitcoin mining pools and how they impact the profitability of publicly traded miners. For example, most investors may not realize that Marathon Digital operates one of the biggest Bitcoin mining pools (known as MaraPool) in North America.\nAnother example comes from Riot Platforms. At the end of 2022, the company made a big deal of ditching its Bitcoin mining pool and joining another. Simply stated, the choice of which mining pool to join was having an impact on its bottom line.\nGoing forward, I\'m going to be paying attention to Jack Dorsey\'s new forays into the Bitcoin mining space, including those made by his company, Block. These moves could give you a good idea of where Bitcoin mining is headed and help you to make better decisions about which publicly traded Bitcoin mining stocks to invest in next.\nShould you invest $1,000 in Marathon Digital right now?\nBefore you buy stock in Marathon Digital, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Marathon Digital wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nJack Dorsey Is Bullish on Bitcoin Mining. Should You Be Too?was originally published by The Motley Fool', 'In 2023,Bitcoinmining stocks were a no-brainer investment. All of them were up triple digits or more last year, and it was really just a matter of finding the Bitcoin mining companies with the largest number of Bitcoin mining rigs. The more mining rigs they had, the more Bitcoin they could mine and the more money they could make. Simple, right?\nWell, all that could change in 2024. For one, there\'s the upcoming Bitcoin halving, which could lead to a shakeout in theBitcoin miningindustry. That, in turn, could open the door to the arrival of new Bitcoin mining competitors. The one I\'m keeping my eye on is Ocean, a new Bitcoin mining venture backed by legendary tech entrepreneur Jack Dorsey.\nPerhaps the biggest investor misconception about Bitcoin mining is that the largest players are the publicly traded Bitcoin mining stocks. That couldn\'t be further from the truth. In fact, large Bitcoin mining companiesMarathon Digital Holdings(NASDAQ: MARA)orRiot Platforms(NASDAQ: RIOT)each account for less than 5% of the total Bitcoin mining market. If you add up the market share of the public Bitcoin miners, it amounts to less than 30%.\nSo who controls the other 70%? There are some privately held Bitcoin mining companies, of course. But the two biggest players -- Foundry USA and AntPool -- areBitcoin mining pools.\nYou can think of each mining pool as a giant syndicate that consists of many smaller Bitcoin mining operations. In exchange for contributing their computing power to the syndicate, each participant receives a percentage of the overall profits. Right now, Foundry (based in upstate New York) and AntPool (based in China) are responsible for nearly 57% of all Bitcoin mined by these mining pools.\nAnd that\'s where Ocean comes into the picture. Ocean is a new type of Bitcoin mining pool that launched in November 2023 with the tagline, "Bitcoin mining as it was supposed to be." It\'s backed by Jack Dorsey, who has been a Bitcoin supporter for more than a decade. In fact, Jack Dorsey famously touted Bitcoin as "amazing" when it was trading for just $11 back in 2012. He was also one of the first tech visionaries to think of the possible ways social media companies might integrate cryptocurrencies like Bitcoin into their business models.\nAccording to Dorsey, the growing power of the biggest Bitcoin mining pools is bad for Bitcoin. The goal of Bitcoin is to be as decentralized as possible, and if just two mining pools are at the center of Bitcoin production, that\'s not good. In fact, danger signals start to flash anytime a Bitcoin miner starts to control anywhere near half of the total market.\nAnd that\'s what we\'re seeing with Foundry and AntPool. If they ever decided to combine forces, they could potentially control more than one-half of total Bitcoin production. That would raise the specter of a 51% attack, which is among the most feared cyber risks within the blockchain industry.\nSo Ocean is supposed to change all that by changing the incentives for Bitcoin miners and making it easier for small miners to be successful. While Ocean is still microscopically small, given that it just launched, it\'s an entrant to keep an eye on. In a best-case scenario, miners who once participated in larger Bitcoin mining pools (i.e., Foundry or AntPool) will start to participate with Ocean. Over time, that will help with the decentralization problem and help to preserve the stability of Bitcoin.\nJack Dorsey\'s new venture could have an impact on the way we think about Bitcoin mining stocks. For example, it could shift attention away from the miners themselves to the companies providing the "picks and shovels" to these Bitcoin miners. And that includesBlock Inc.(NYSE: SQ), where Jack Dorsey is the CEO.\nFor the past 12 months, Block has been ramping up its exposure to the Bitcoin mining space. In April 2023, for example, it bought up Bitcoin mining chips from Intel as part of a larger plan to become more involved in the production of tools and equipment needed to mine Bitcoin. In July, it unveiled a Mining Development Kit (MDK) for Bitcoin miners. And in December, it unveiled a new Bitcoin wallet.\nMoreover, Jack Dorsey\'s new venture will likely bring more attention to the concept of Bitcoin mining pools and how they impact the profitability of publicly traded miners. For example, most investors may not realize that Marathon Digital operates one of the biggest Bitcoin mining pools (known as MaraPool) in North America.\nAnother example comes from Riot Platforms. At the end of 2022, the company made a big deal of ditching its Bitcoin mining pool and joining another. Simply stated, the choice of which mining pool to join was having an impact on its bottom line.\nGoing forward, I\'m going to be paying attention to Jack Dorsey\'s new forays into the Bitcoin mining space, including those made by his company, Block. These moves could give you a good idea of where Bitcoin mining is headed and help you to make better decisions about which publicly traded Bitcoin mining stocks to invest in next.\nShould you invest $1,000 in Marathon Digital right now?\nBefore you buy stock in Marathon Digital, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Marathon Digital wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nJack Dorsey Is Bullish on Bitcoin Mining. Should You Be Too?was originally published by The Motley Fool', 'Cathie Wood follows the old advice about not putting all of your eggs in one basket. Her various Ark Invest funds together hold positions in more than 120 stocks.\nHowever, the famous investor isn\'t quite as diversified as you might think. Wood has 37% of her Ark Invest portfolio invested in these seven stocks.\nWood\'s top holding right now isCoinbase Global(NASDAQ: COIN). The cryptocurrency exchange operator\'s shares make up nearly 6.9% of her overall Ark Invest portfolio.\nLast year, Wood reiterated her prediction that the price ofBitcoinwould eventually hit $1 million. If she\'s right, Coinbase should have tremendous growth prospects ahead. However, Wood has sold millions of shares of Coinbase in recent months.\nIt\'s probably not surprising thatTesla(NASDAQ: TSLA)ranks high among Wood\'s holdings. The electric vehicle (EV) maker is currently her second biggest position, comprising 6% of her overall Ark Invest portfolio.\nWood has been a vocal Tesla bull for a long time. In 2023, she claimed that the company "is the biggest AI opportunity in the world." Ark Invest released a report last year that predicted Tesla\'s share price could reach $2,000 by 2027 -- more than 10 times its current price.\nRoku(NASDAQ: ROKU)is the third largest holding for Ark Invest, making up 5.8% of its portfolio. It claims this high spot despite Wood selling thestreaming service stockin recent months.\nIs Wood backing off her enthusiasm about Roku? Probably not. Ark Invest\'s selling could have been motivated by a desire to take some profits off the table and/or rebalance its portfolio a bit.\nAside from Tesla, there\'s perhaps no AI stock that Wood is more bullish about these days thanUiPath(NYSE: PATH). The company is a leader in developing robotic process automation (RPA) software. It represents a little over 5.6% of Ark Invest\'s portfolio right now.\nArk Invest views UiPath as part of "AI\'s sleeper wave." The stock doesn\'t get as much attention from investors as the mega-cap "Magnificent Seven" stocks. However, Wood and her Ark Invest team think UiPath\'s RPA technology will make significant inroads with large enterprises across the world over the coming years.\nBlock(NYSE: SQ), formerly known as Square, is the top fintech stock that Wood owns. It makes up nearly 5.2% of Ark Invest\'s total portfolio.\nArk Invest has trimmed its position in Block somewhat since late 2023. Wood, though, continues to believe that the company can disrupt the banking industry over the long term.\nCRISPR Therapeutics(NASDAQ: CRSP)is the only biotech stock to make Wood\'s top seven. Nearly 3.9% of Ark Invest\'s portfolio is invested in the gene-editing pioneer.\nThanks to recent regulatory approvals for Casgevy in treating sickle-cell disease and transfusion-dependent beta-thalassemia, CRISPR Therapeutics now has its first product on the market. Wood no doubt also has great expectations for the company\'s gene-editing programs targeting other diseases, especially cancer.\nAn additional 3.7% or so of Ark Invest\'s money is invested inZoom Video Communications(NASDAQ: ZM). The stock skyrocketed during the COVID-19 pandemic lockdowns. Wood\'s timing wasn\'t great, however: She initiated a stake in Zoom in the fourth quarter of 2020 near its peak level. Since then, the stock has plunged.\nYou can\'t say that Wood is a fair-weather fan of Zoom, though. She bought additional shares of the video communications company in the fourth quarter of 2023.\nWhich of these top stocks owned by Cathie Wood are the best of the bunch? I\'d go with Block.\nIn a market dominated by stocks with sky-high valuations, Block looks attractively valued to me with its price-to-earnings-to-growth (PEG) ratio of 0.86. I think that the company\'s two core platforms -- Square and Cash App -- should have huge growth prospects.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nKeith Speightshas positions in Block. The Motley Fool has positions in and recommends Bitcoin, Block, CRISPR Therapeutics, Coinbase Global, Roku, Tesla, UiPath, and Zoom Video Communications. The Motley Fool has adisclosure policy.\nCathie Wood Has 37% of Her Ark Invest Portfolio Invested in These 7 Stockswas originally published by The Motley Fool', 'NatWest is among the biggest fallers in the FTSE 100 today ahead of its earnings release on Friday. It fell about 2% in morning trade in London as news broke that it is preparing to pay out about £350m ($436.43m) in staff bonuses, according toSky News.\nThe bank is predicted to report a pre-tax profit of £6bn for the year on Friday, with an income totalling £14.6bn, according to analysts\' consensus from November.\nThe report comes after market jitters in October when the bank lowered its forecast net interest margin (NIM) for the year, causing its share price to drop.\nDrugs maker AstraZeneca is flirting with two-year lows today, continuing a downward trajectory sparked last week by its earnings report.\nDeutcheBank called its third quarter "thoroughly underwhelming" as the company\'s core earnings climbed 5% to $1.45 per share, missing analysts\' expectations for $1.50 a share. Excluding the impact of exchange rates, earnings jumped 7%.\nStock was down about 1.8% this morning.\nAbout 15% of the S&P 500 is set to report earnings this week, Shopify among them on Tuesday.\nThe stock closed 3.2% higher on Friday and is about 1.5% higher in premarket today. The share price is also up nearly 150% for the year to today.\nWith a boom in online shopping, those backing Shopify already have cause to be positive about the next earnings release. Despite this, with a shaky economic backdrop and a higher rate of insolvencies among small businesses that use the platform, there could be some trouble ahead for investors.\nCrypto exchange Coinbase will also report quarterly earnings on Thursday this week – and it could be an interesting one as markets watch for knock-on effects of investment majors like BlackRock muscling in on spot Bitcoin ETFs earlier in the year.\nBitcoin\'s price jumped on Friday, lifting associated crypto stocks with it and leading to a more than 7% uplift for Coinbase.\nThe stock is only marginally higher in premarket on Monday.\nWatch: Apple \'needs to execute\' as patience thins in Mag 7: Analyst\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'With all the attention thatBitcoinhas gotten recently, primarily because of the long-awaited approval of spot exchange-traded funds, investors might have forgotten some under-the-radar digital assets.\nSolana(CRYPTO: SOL)is one of them. The innovative cryptocurrency has been a huge winner. In the last three years, its price has soared 1,390%, turning $1,000 into $14,910 right now. Theblockchainnetwork\'s market cap today is $42 billion, the fifth highest in the world.\nLet\'s take a look at Solana over the past few years before figuring out if this cryptocurrency makes for a smart investment today.\nLikeEthereum, Solana was built with functionality forsmart contracts, which immediately boosts its potential for utility. And Solana\'s transactions are processed with aproof-of-stakemechanism.\nBut what stands out is its proof-of-history technology. This reduces the amount of data needed on each block by changing how time is recorded, which leads to fast processing times. Solana can theoretically handle 50,000 transactions per second. That\'s in the neighborhood of credit card giantVisaand its throughput of 65,000.\nDespite what appear to be some innovative qualities in the crypto space, Solana is still exposed to the whims of the broader market. The token skyrocketed more than 11,000% in 2021 during the monster bull run, only to crash 94% the following year. Then, it rose 963% in 2023. This is the nature of crypto assets.\nIt\'s easy to get caught up in all the financial speculation happening in the crypto market, but what will ultimately matter is if these networks find ways to introduce valuable use cases that gain broad adoption. Solana is trying hard to achieve this.\nIn what I view as a unique strategic move, Solana developed andreleased a web3-based smartphonecalled the Saga that looks eerily similar to an iPhone. The goal is to have decentralized apps built in, as well as a crypto wallet, that makes it seamless to interact with the web3 world.\nAnother lower-cost phone is in the works. The so-called "Chapter 2" had 25,000 pre-orders within the first 24 hours after launch. That\'s better than zero, but it\'s not even remotely close to being considered mass-market appeal. I\'m not sure consumers will gravitate to this device en masse when the iPhone still reigns supreme.\nHowever, Solana\'s speed and low costs might make it a popular tool in the payment realm. Solana Pay is a direct merchant-to-consumer solution that allows for instant settlement, no fees, and the possibility to layer on cool features like non-fungible tokens. I think this is an area where thecrypto has legitimate potential, no matter how slim the chances of outsized success are.\nSolana has taken care of its investors over the past three years. But the digital asset is currently 63% below its peak price, which was set in November 2021, right before the crypto bubble burst. For the most bullish Solana supporters out there, this could be a fantastic time to buy the token.\nJust understand a couple of things before doing so. For starters, there will continue to be extreme levels of volatility. Don\'t be surprised if Solana experiences drawdowns of 50% multiple times.\nAnd maybe more importantly, what Solana ultimately ends up looking like 10 years from now is anyone\'s guess. In other words, there is so much uncertainty, as no one knows what will happen over the long term with cryptocurrencies.\nSo, you should only invest a dollar amount that you are comfortable losing.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 5, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Solana in 2021, This Is How Much You\'d Have Nowwas originally published by The Motley Fool', 'DUBAI, UAE,Feb. 12, 2024/CNW/ --Bybit, one of the world\'s top three global crypto exchanges by volume, is thrilled to announce the launch of the Bybit Card inAustralia, a groundbreaking step in digital finance.Powered by Mastercard, this card debitscryptobalances on Bybit and converts them seamlessly into cash. Furthermore, it comes with a suite of exclusive benefits, tailored to empower our Australian users in their financial transactions withcryptocurrency.\nNew users will receive a warm welcome. Bybit is providing a special$10 USDbonus to all users who successfully complete their application,$10USDfor the first deposit of at least $100AUD and$5USDafter the first transaction. Users will be required to pass Bybit\'s KYC process to be eligible.\nSince its launch inMarch 2023, the Bybit Card has reshaped thecrypto-financial landscape with its multi-asset spending feature that automatically converts five supportingcryptocurrencies(including BTC,ETH, and USDT) into fiat currency for card payments and ATM withdrawals. With rewards like up to 10% cashback on expenditures and an array of redemption options from trading bonuses to exclusive merchandise, the Bybit Card caters to a gamut of user preferences and its VIP tier offers enhanced benefits for elite customers.\n"The introduction of the Bybit Card inAustraliamarks a significant milestone in our journey towards integrating digital currency into everyday life," saidBen Zhou, co-founder and CEO. "We are committed to offering our users innovative solutions that combine the flexibility ofcryptocurrencywith the convenience of traditional finance."\nClick here to apply now:https://www.bybit.com/fiat/cards\n#Bybit / #TheCryptoArk\nAbout Bybit\nBybit is a top-threecryptocurrencyexchange by volume with 20 million users established in 2018. It offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One\'s reigning Constructors\' and Drivers\' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit\'s Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-brings-crypto-convenience-to-australia-with-new-mastercard-302059538.html\nSOURCE Bybit\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/February2024/12/c7099.html', 'In a major milestone, spot Bitcoin ETFs, within merely 20 days following their market debut, have accumulated $10 billion in assets under management (AUM), illustrating the strong investor enthusiasm for this new investment avenue.At the forefront of the surge areBlackRock\'s iShares Bitcoin TrustIBIT andFidelity\'s Wise Origin Bitcoin FundFBTC, with impressive AUM of $4 billion and $3.4 billion, respectively. These were followed byARK 21Shares Bitcoin ETFARKB, which crossed the $1 billion threshold as of Feb 10, andBitwise Bitcoin FundBITB, which has accumulated $693.4 million since its debut last month. Meanwhile, theGrayscale Bitcoin TrustGBTC has seen a deceleration in outflows, recording its minimal daily withdrawal on Feb 9 (read: Out of 11 New Bitcoin ETFs, Which Looks Best Fit for Investors?).This surge in ETF activity signals a growing trend of institutional investment in Bitcoin as the launch of spot ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. Caroline Bowler, CEO of BTC Markets Pty, noted on Bloomberg Television the "increasing movement of institutional money into the asset class.” Analysts are optimistic about further growth.Spot Bitcoin ETFs are considered to be a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a potential successor to gold as a secure asset, forecasting continued value growth driven by its increasing integration into the financial ecosystem. It argues that Bitcoin\'s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment.The anticipation of Bitcoin\'s upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a positive catalyst for Bitcoin\'s price. Moreover, the Lunar New Year holidays, currently celebrated in Asia, are contributing to a generally positive sentiment toward Bitcoin, according to Fundstrat Global Advisors.Bolstered by the unprecedented success of the ETFs, the cryptocurrency Bitcoin is on the brink of achieving its longest streak of daily gains in a year. The cryptocurrency is poised for the seventh straight daily gain that would mark the longest such streak since January 2023 if the advance holds as of Feb 12, as data compiled by Bloomberg (read: Bitcoin ETFs Make Historic Debut With $4.6B in Trading).Let’s delve into the abovementioned ETFs in detail:iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waiv Last 60 Days of Bitcoin's Closing Prices: [43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-12 Financial & Commodity Data: - Gold Closing Price: $2018.20 - Crude Oil Closing Price: $76.92 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $944,911,590,525 - Hash Rate: 671828708.9304657 - Transaction Count: 409911.0 - Unique Addresses: 649038.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Jan 12 (Reuters) - South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities and Exchange Commission's approval of such ETFs. "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act," the Financial Services Commission (FSC) said in a statement. Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade. South Korea's FSC added that it will continue to review the regulatory landscape around investment of spot bitcoin ETFs. (Reporting by Cynthia Kim; Editing by Christopher Cushing)... - Reddit Posts (Sample): [['u/SAMTAYLORBURDON', 'The exchange I buy through just asked me this...', 106, '2024-02-12 00:17', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', 'Hi all, I just received an email (2nd Feb actually) from the exchange I use to buy btc with. Essentially it\'s a demand for info on where I have been sending btc with the threat of account freeze if I do not squeal. So far I have reacted by sending everything I had remaining with them elsewhere...\nI can\'t help wondering the \'what next \' strategy, particularly if I would like to keep buying through this company. Should I tell them the addresses belong to me? Should I not reply and accept being frozen out of the exchange? Is this actually a phishing scam?\n\nHere is what they have said.....\n\n"Regulations in the UK require that we maintain up-to-date information about our clients and their account activity regarding self-custody wallets. A self-custody wallet is one where you manage your private keys yourself, for example a hardware wallet.\n\nPlease reply to this email and answer the following questions:\n\nPlease confirm that you own or are in control of the self-custodial wallets that you are sending and receiving from.\n\nIf you do not own or control the self-custodial wallets that you are sending and receiving from, please detail which addresses these are, who the owner or controller is, and provide their residential address.\nAfter your reply, our support team will make sure to clarify any questions you have and ensure the process runs smoothly\n\nIf we do not receive a response by February 23, 2024, we will have to place a lock on your account until we obtain the information we requested."', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', '1aolkp7', [['u/Amber_Sam', 126, '2024-02-12 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06ex6/', "Name and shame. \n\n\nI believe it's Kraken, at least I've seen something similar on Nostr from Kraken recently.", '1aolkp7'], ['u/SAMTAYLORBURDON', 65, '2024-02-12 00:23', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06q9n/', 'Yeahhh it is.\nThey seem to run a great service, but this has thrown me.', '1aolkp7'], ['u/MorninggDew', 21, '2024-02-12 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0a42d/', 'I would tell them to fuck off and find another exchange personally.', '1aolkp7'], ['u/btceacc', 73, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bagq/', "Isn't this due to all the new draconian rules the UK have introduced where they need to know everyone's crypto addresses?", '1aolkp7'], ['u/r_a_d_', 18, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bcju/', 'I don’t get it though, it says it’s to comply with UK regulation. So you’re mad with Kraken for complying with the law?', '1aolkp7'], ['u/CaptainPugwash75', 18, '2024-02-12 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cb07/', 'Are you certain this email is genuine?', '1aolkp7'], ['u/420osrs', 30, '2024-02-12 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cpfi/', 'Hi,\n\n\n\nThis is my personal wallet and you have my contact information as I completed KYC on xx date. \n\n\nThe address you are requesting is yy which I provided to you already during the above process. \n\n\nIf you have any additional questions please reach out.\n\n\n\nThanks for your time,\n\nName', '1aolkp7'], ['u/Amber_Sam', 24, '2024-02-12 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d0o1/', 'Explore the p2p options before giving them your privacy. Bisq, robosats, peachbitcoin and vexl are a good start.', '1aolkp7'], ['u/OverallFloor3081', 131, '2024-02-12 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d99f/', 'Transfer to another wallet', '1aolkp7'], ['u/XBThodler', 12, '2024-02-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g2bl/', 'Move funds first, close account after 😆', '1aolkp7'], ['u/Deez1putz', 13, '2024-02-12 01:28', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g7q5/', 'Pretty sure it’s the law in the UK and any non-dodgy exchange is going to do the same.', '1aolkp7'], ['u/IHeartWordplay', 45, '2024-02-12 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0i8uv/', 'They are not asking for the addresses that you send TO and receive FROM. They are confirming that you control the addresses that you send from and receive to. That is, they want to Know Their Customer, and they’re confirming you are their customer.. and that you didn’t open these accounts on behalf of some third party. It’s government anti-money laundering stuff, I believe.', '1aolkp7'], ['u/DeathMoJo', 13, '2024-02-12 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0jrwe/', 'Kraken is the best exchange I have used hands down. All about security, staying in compliance and has competitive fees. They were up front when they had the scrap their earn program in the US.', '1aolkp7'], ['u/DrBreakenspein', 15, '2024-02-12 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0mgjp/', 'Companies involved in financial transactions need to comply with anti money laundering laws, which means they have to ensure the source of or recipient of funds isn\'t a prohibited entity. This is fairly routine if they can\'t determine this on their own and opens them up to liability if they dont determine it. You can\'t avoid this just because it\'s "bitcoin"', '1aolkp7'], ['u/ROBINHOODEATADIK2', 19, '2024-02-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0okpl/', 'Don’t think it’s so much being mad at the exchange, they have to comply if they want to continue doing business there , but it’s more like if that’s how it has to be then it’s time to find alternative places to trade', '1aolkp7'], ['u/und3adb33f', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0sw98/', 'Explain to them that you are sending funds to your little old auntie in Pakistan who just wants to nuke the fuck out of New Delhi.', '1aolkp7'], ['u/the-quibbler', 17, '2024-02-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0twjx/', 'Very possibly your options other than complying will eventually boil down to expatriation or illegal activity', '1aolkp7'], ['u/Wsemenske', 12, '2024-02-12 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1dctx/', 'Yeah the animosity is directed at the wrong direction. Blame the UK for their shit regulations\xa0', '1aolkp7'], ['u/Latter_Box9967', 14, '2024-02-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1qaxi/', 'Yeah, just say it’s your online drug dealer’s address, and you don’t have any more info. \n\n…and then tell us what happened.', '1aolkp7'], ['u/BtcKing1111', 10, '2024-02-12 07:57', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1wkvh/', "Kraken doesn't allow transfer-in-from and transfer-out-to wallets that do not belong to you.\n\nThey require you first transfer to a wallet controlled by you, before sending to Kraken.\n\nOr that crypto flowing to you first goes through your wallet, before going to Kraken.\n\nThey want to maintain one layer of probable deniability in-case there is money laundering, they can blame it on a user wallet, instead of funds sent directly to them.", '1aolkp7'], ['u/bastroptexas', 29, '2024-02-12 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1xoqr/', 'They have to comply to lock the boot, you don’t. Move and don’t look back', '1aolkp7']]], ['u/Earlyretirement55', 'BOWL WTF happened with IV crush after earnings ??!!', 17, '2024-02-12 00:44', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '355p before ER wrote 17.5 calls exp next week, day after earnings IV did not budge, and theta can’t cope, my OTM contracts are bleeding everyday despite being a good 20% OTM, my broker did not like my exposure so 50% of my 700 contracts were sold BTC by risk mitigation at Schwab. Wrote for a paltry $0.10 risk mitigation is buying to close at 0.25 to 0.30 so far my $6k premium has turned into a $6k loss, still have exposure with 300 contracts expiration Feb 16. \n\nWhy there was no IV crush after earnings for BOWL?', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '1aom5lb', [['u/Elegant-Hunt-1532', 22, '2024-02-12 00:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0ai7m/', 'Low volume prolly', '1aom5lb'], ['u/justamemeguy', 20, '2024-02-12 02:43', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0rt1n/', 'It had a 18% move which is presumably way above the implied move. The bid ask spread is priced correctly. Your broker closed your trade because you had concentration risk. You do not understand how to price your risk because those calls are worth what the broker closed them for so they were not unfair to you in any way. You should not have sold several hundred of these.', '1aom5lb'], ['u/Staticks', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0svrx/', 'You sold the calls naked?', '1aom5lb'], ['u/TimeWeb', 17, '2024-02-12 03:26', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0yjy7/', 'Talk about full regard mode. You sold 700 naked calls for $0.10 each? These things are probably pinned to 5 cent increments, so not a whole lot of meat on the bone if selling at 10 cents.', '1aom5lb']]], ['u/JazyZazy', 'They’re closing my Coinbase account', 15, '2024-02-12 00:48', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/', 'Pieces of shit are closing my Coinbase account. Never mind that I’m fighting with them to get 30k of my Crypto back but now I can’t pay for my PD ads. \n\nWhat other app can I use to send Bitcoin and pay for my ads? I do not want to use Cashapp because that’s my main source for deposits and I don’t want them to also close that account. I’m indefinitely suspended on Venmo/ PayPal so I can’t use that either. (I’m on a roll, right?)\n\nThis is also a warning I suppose. On their passes tab, PD recommends using Cashapp or Coinbase and I’m here to say Coinbase is regulated/ reports to the IRS and not anonymous (where I went wrong) so the same thing could happen to you. I have only ever paid for my ads using them so that’s probably why they’re closing my account.\n\nBut I really need another platform to send Bitcoin to buy my ads.', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/', '1aom8eq', [['u/etherealchic', 12, '2024-02-12 01:49', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/kq0jn0l/', 'I buy my crypto with Gemini and then move all my crypto to a hard wallet. I use Ledger. It’s annoying to use sometimes but i know my crypto is safe off of these exchanges.', '1aom8eq'], ['u/delilahodell', 11, '2024-02-12 03:04', 'https://www.reddit.com/r/HighEndEscorts/comments/1aom8eq/theyre_closing_my_coinbase_account/kq0v65e/', 'This is why you always send crypto to another wallet before you pay for your ads...', '1aom8eq']]], ['u/Reasonable_Sign_8715', 'Thoughts on Halving Event', 18, '2024-02-12 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/', 'The upcoming Bitcoin halving, set for next month, is expected to cause a significant supply shock. Profitability for individual miners is already minimal without access to pretty much free power. This reduction in new supply, combined with increasing mining difficulty, suggests now is the time to accumulate Bitcoin before the halving drives up demand and prices. What are everyone eleses thoughts on this?', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/', '1aon6mk', [['u/ShittyBitcoinArt', 23, '2024-02-12 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq0iqbc/', 'I stack sats now. I’ll stack sats then. The next one will be more exciting as it’s the first halving that has had spot bitcoin ETFs the entire epoch.', '1aon6mk'], ['u/SydZzZ', 13, '2024-02-12 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq0lm8o/', 'One thing to be mindful of is that miners may start selling more daily bitcoins to cover costs etc. They can sell up to 900 a day now but they don’t always do that. I was reading today that miners have been selling only 300 a day. Even if they continue with that trajectory of 300 a day or increase to max or 450 a day post halvening, the supply shock in short term will not be significant. \n\nHowever supply shock long term will be there. I think it takes like a year for market to adjust and hence we always see bull markets starting 12-18 months after halvening. Just my theory.', '1aon6mk'], ['u/na3than', 12, '2024-02-12 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq1mo9x/', 'Would you stack them on a train? Would you stack them in the rain?', '1aon6mk'], ['u/Flexo82', 10, '2024-02-12 07:36', 'https://www.reddit.com/r/Bitcoin/comments/1aon6mk/thoughts_on_halving_event/kq1uo5f/', 'Would you say stack in vain even if your wife complain and tells you, you are insane', '1aon6mk']]], ['u/TerpFarms', 'Monero isn’t going away, ever. But what of its fiat / BTC value?', 20, '2024-02-12 01:50', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/', 'It has intrinsic value and for as long as crypto is a thing, so too will XMR. \n\nBut what do you make of its future value in terms of $ and BTC? Are we going to trend towards zero or hover at these shit prices indefinitely, whilst only being used as a currency? A tiny resistance movement against authoritarianism, never breaking it back to the top of the crypto rankings?\n\nALSO\n\nHow would someone in the US purchase XMR now? Can it be bought on a CEX anywhere in the US? If somebody wanted to buy $1,000,000 XMR, in the US, how would they do it?\n\n*********\n\nOne thing I am happy about, is that although price was fucked by Binance announcement - it wasn’t REALLY fucked. If ADA was being delisted from all major exchanges, that shit would fall by 90+%. We have to some extent held our ground. \n\nFor now.', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/', '1aonh91', [['u/snowmanyi', 11, '2024-02-12 03:15', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/kq0wv0w/', 'I think as bitcoin becomes a major player and decentralized tech expands Monero will be "rediscovered." I could see it as a 100 billion dollar asset or a 50x from here.', '1aonh91'], ['u/nbom', 11, '2024-02-12 08:09', 'https://www.reddit.com/r/xmrtrader/comments/1aonh91/monero_isnt_going_away_ever_but_what_of_its_fiat/kq1xnwz/', 'Kraken is US based.\n\nI am more concerned by inteligence of dnm users. Yesterday I read some dnm forum and ppl rly dont know how to buy/use XMR. Plus basic opsec. And all this in era of 6" smartphones and 5G internet.', '1aonh91']]], ['u/SquigglyGlibbins', 'Did anyone else get great returns for a bankruptcy?', 17, '2024-02-12 01:53', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/', 'I have \\~80.5% of the cash value I had invested. It was in stablecoins and is now BTC/ETH. ', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/', '1aonjb6', [['u/bigstreet123', 32, '2024-02-12 01:59', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0l5q7/', 'Yea we all did man. We could have just as easily gotten Absolutley nothing. I’m pumped I got anything back tbh', '1aonjb6'], ['u/noahsarc21', 23, '2024-02-12 02:18', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0o3pg/', 'Can I just get mine and then we can talk', '1aonjb6'], ['u/drdrew450', 50, '2024-02-12 02:21', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq0ojiv/', 'Stablecoins got the best deal.', '1aonjb6'], ['u/Quantic7', 10, '2024-02-12 04:45', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq1a3qp/', 'The lawyers got the best returns...', '1aonjb6'], ['u/TrueCryptoInvestor', 11, '2024-02-12 04:55', 'https://www.reddit.com/r/CelsiusNetwork/comments/1aonjb6/did_anyone_else_get_great_returns_for_a_bankruptcy/kq1bpeg/', 'That’s the right attitude I share as well.', '1aonjb6']]], ['u/Individual-Creme-717', 'SBTalent Camp Audition Tips......................', 23, '2024-02-12 04:07', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/', 'Hellooo so I\'m a former trainee from SBTC and I\'m going to give out three things you need to ready for your audition \n\nFor the online/first audition one make sure to really follow the instructions that is given to them because if you didn\'t follow it and yes, you did show your best sa video mo ididiregard nila yun because you didn\'t follow the instructions. \n\nIf ur asking if mapili ba sila sa visuals? My answer to that is no hindi sila picky when it comes to visuals gusto talaga nila makita yung skills. In my case when I was in the final/live auditions they test my capabilities when it comes to singing hahaha pinakanta nila ako ng ibat ibang way and ichecheck din vocal range. Sa dancing naman I think okay lang di mashado magaling Kase na train naman sha basta want nila marunong ka atleast basic stuff.\n\nLive auditions what you need to prepare:\n1.) Ballad song 2mins\n2.) Upbeat song 2mins\n3.) Dance \t2mins\n4.) Interview ( possible questions may contain v. serious question like "Are you ready to stop studying and why?)\n\nLeave some questions abt SBTC auditions for aspiring trainees I\'m willing to help!', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/', '1aoq175', [['u/Momshie_mo', 12, '2024-02-12 05:57', 'https://www.reddit.com/r/PPOPcommunity/comments/1aoq175/sbtalent_camp_audition_tips/kq1k2hy/', 'Glad to hear that SBTalent prioritizes skills over looks', '1aoq175']]], ['u/Unusual_Quote_8451', 'BEWARE OF THIS SCAM', 10, '2024-02-12 04:29', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/', "I'm so emotional typing this, but I need to type this because I don't want anyone to be as stupid as I was. There are a couple of users on here, who go to forums such as this one, where they target people, such as myself, who are broke and need extra assistance and send an invite to the discord server shown below. The promise is that if you buy bitcoin, for as low as even 25 pounds, you can earn up to 150 pounds in profit by selling it to them, because, quote, 'they're in a country where buying it isn't necessarily rampant or legal'. It's very well set up, they have verified sources, screenshots and people tht 'vouch' for them. It's all a lie. In the midst of the transaction, even despite having a 'bot' that acted as a middle man to avoid scams, they eventually block you and IP ban you, after they have confirmed you have sent the bitcoin. I had no money, and a user here sent me some money, which I'm ashamed to say I used for this, to make it bigger to better help with upkeep. Please don't ignore this, and stay safe.", 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/', '1aoqebq', [['u/uppercasemad', 23, '2024-02-12 04:33', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/kq18dxe/', 'We have lots of guides on how to avoid being scammed on our subreddit. We also have a stickied announcement right now in regards to one of the prevalent schemes. \n\nIf it sounds too good to be true, it is.', '1aoqebq'], ['u/uppercasemad', 11, '2024-02-12 04:38', 'https://www.reddit.com/r/Assistance/comments/1aoqebq/beware_of_this_scam/kq195ti/', 'Upload them to http://imgur.com and send to modmail. (Link in menu). We need the Reddit conversation showing their username, not the discord stuff. Be sure to send via mod mail and not to me personally or as a reply here.', '1aoqebq']]], ['u/AutoModerator', '[Daily Discussion] - Monday, February 12, 2024', 42, '2024-02-12 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/', "Thread topics include, but are not limited to:*\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/', '1aos18b', [['u/kb1985', 13, '2024-02-12 06:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1mci0/', 'Gemini 1.2 billion sales confirmation moved from 14th to 26th Feb.', '1aos18b'], ['u/_TROLL', 32, '2024-02-12 06:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1n89r/', "It's really amazing how these exchanges that can print money by simply collecting % fees on each buy/sell/trade still manage to fuck up and go bankrupt. Repeatedly.\n\nThey ultimately have the same model as your average dark market. Collect a percentage off every transaction. And yet most dark markets are run more competently.", '1aos18b'], ['u/ChadRun04', 15, '2024-02-12 06:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1pgxv/', "Literal money printing machines. Fucked up over and over again.\n\nThat's why I like Bitfinex. Demonstrated competency, even in the face of complete and total ruin they can claw their way back. All without a personality posting on Twitter.", '1aos18b'], ['u/_TROLL', 12, '2024-02-12 06:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1px91/', '> All without a personality posting on Twitter\n\nAll they have is Bitfinexed. 🤣 🤮', '1aos18b'], ['u/_TROLL', 16, '2024-02-12 07:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1tb7o/', 'Number temporarily go down shortly after Feb 26^th\n\nCould you dumb that down a shade?\n\nMarch Bad, April Halving, May Moon', '1aos18b'], ['u/mx_js_reddit', 23, '2024-02-12 07:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1togn/', 'Greed is one helluva drug', '1aos18b'], ['u/bittabet', 15, '2024-02-12 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1v475/', 'That’s just two days of ETF inflows, why would it crater 😂', '1aos18b'], ['u/SomeIdeasTooTalk', 13, '2024-02-12 08:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xiyv/', 'Simple Tomato Source\n\nHeat 2 tbsp olive oil, sauté 2 minced garlic cloves and 1 chopped onion until soft. Add 1 can crushed tomatoes, 1 tsp salt, ½ tsp pepper, ½ tsp oregano. Simmer covered for 20-30 mins. Blend if desired. Serve with pasta.', '1aos18b'], ['u/kb1985', 12, '2024-02-12 08:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xkp5/', 'Well, GBTC outflows of 2 billion was also a sure event and the price did not crater until they actually started dumping in late January.', '1aos18b'], ['u/kb1985', 20, '2024-02-12 08:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq1xsxi/', 'FTX bankrupted and was forced to sell 2 billion worth of GBTC. This happened in second part of January and resulted in a drop. Gemini got 1.2 billion worth of GBTC from Genesis and is forced to sell them. People initially thought this will happen slightly after 14th Feb when they were supposed to confirm the details to the judge but now this event was moved to 26th Feb.', '1aos18b'], ['u/kb1985', 10, '2024-02-12 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq202ke/', 'Gemini Earn official website, updates section, update from 9th Feb.', '1aos18b'], ['u/skarbowkajestsuper', 11, '2024-02-12 10:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq286yy/', "Curious to see if the weekend fomo theory plays out and we're gonna see a bump after market opens.", '1aos18b'], ['u/Mountainman7556', 24, '2024-02-12 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2ermj/', 'Not to be a killjoy for all the bullish sentiment right now but a retrace and establishing a new strong support would make sense here before the next leg up over 50K.', '1aos18b'], ['u/Itchy-Rub7370', 10, '2024-02-12 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2gxuk/', 'Sure. But who cares of next few hours? We are here for the long run, aren’t we?!', '1aos18b'], ['u/Mountainman7556', 11, '2024-02-12 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2htfm/', 'Absolutely my bro. I got everything I own short of my kidney banking on 100K+ this year. I only mention it because it is a trading sub last time I checked and I allocate 20% of my stack to trading which I dumped at 48.4 yesterday expecting a retrace after the last few days of green.', '1aos18b'], ['u/Cadenca', 17, '2024-02-12 13:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2lvaa/', "You know, it feels pretty cucked to have NVDA do what it does day in day out and meanwhile we have to stress about a pullback after a 10% move so we don't get too hot. One day we will be kings again..", '1aos18b'], ['u/Autvin', 30, '2024-02-12 13:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2nx8n/', 'To mock shroomsnbear.', '1aos18b'], ['u/John_Crypto_Rambo', 15, '2024-02-12 14:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq2wzox/', 'I’m more worried about the opposite, everyone front running everything and the cycle ending even earlier than last time.', '1aos18b'], ['u/gozunker', 14, '2024-02-12 15:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq30s16/', 'If by “crab all 2024”, you mean go up 10% every six weeks” like we have from January 1 until now (2024 YTD), then we get to approximately $100k by end of year.\n\nIn that case, yes, I hope we do “crab” for the rest of the year.', '1aos18b'], ['u/skarbowkajestsuper', 11, '2024-02-12 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq32rky/', "What's your guess on the ETF inflows today? Too bad the superbowl commercials did not work out.", '1aos18b'], ['u/Outrageous-Net-7164', 12, '2024-02-12 15:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq33k2l/', 'I really don’t see that at all.\n\nI see a front run bull run that peaks earlier than normal and catches everyone out. \n\nNo way this doesn’t hit ATH’s within 6 months', '1aos18b'], ['u/bubblesmcnutty', 20, '2024-02-12 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35m3a/', 'It’s gonna be one of those days isn’t it?', '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 10, '2024-02-12 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35ti6/', "It's all for the best - the Superbowl commercials come next year, right in the thick of the post halvening bull run", '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 10, '2024-02-12 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq35z31/', 'One of the ten days of 2024\n\n\nAt least, _so far_.', '1aos18b'], ['u/gozunker', 13, '2024-02-12 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq362p7/', 'I’m fine with them missing this year. It’s a peak bull market sign for me, which I’m hoping happens next year not this year so my 4-year-cycle modeling doesn’t break. Also, if the post-commercial bump is say 10%, I’d rather have it happen at $80k than $48k. Gives me more time to stack, with a bigger $ bump when the normies jump in.', '1aos18b'], ['u/poremdevemos', 10, '2024-02-12 16:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq37wag/', 'Flying crab day?', '1aos18b'], ['u/bubblesmcnutty', 15, '2024-02-12 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38adn/', 'PSA: We are in a bull market. Don’t overthink it.', '1aos18b'], ['u/imma_reposter', 12, '2024-02-12 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38bkl/', 'This is gentlemen today?', '1aos18b'], ['u/delgrey', 15, '2024-02-12 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38g0j/', 'I guess those ETFs still buyin huh?', '1aos18b'], ['u/itsthesecans', 17, '2024-02-12 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38r5l/', "That's a new cycle high ladies and degenerates.", '1aos18b'], ['u/dopeboyrico', 16, '2024-02-12 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38vh6/', 'YTD high of $48.9k broken.\n\nIt’s been less than an hour since TradFi opened. First single day $10k God candle incoming? We’ll see. Need to close today above $58.2k for that to happen.', '1aos18b'], ['u/RetardIdiotTrader', 12, '2024-02-12 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38vpg/', 'If we break $49k for good that would be very bullish. Fingers crossed for no double top rejection.', '1aos18b'], ['u/dopeboyrico', 13, '2024-02-12 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq38ynp/', 'Just hit a new YTD high less than an hour into stock market open. Bring your monocle.', '1aos18b'], ['u/GodBlessPigs', 17, '2024-02-12 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39fwu/', 'I’m not celebrating too much until we clear 50k. That will feel big after the last two years.', '1aos18b'], ['u/itsthesecans', 22, '2024-02-12 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39izp/', "I'm still not selling", '1aos18b'], ['u/noeeel', 13, '2024-02-12 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39kub/', 'Okay I was wrong about the dip under 47k. \n\nAnyways would be nice if we just hit 50k today. Only 900USD left to go.', '1aos18b'], ['u/zephyrmox', 19, '2024-02-12 16:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq39we4/', "it's almost like you can't price in demand.", '1aos18b'], ['u/gozunker', 12, '2024-02-12 16:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3a3jk/', 'Ahhh that dopeboy hype in the morning … [deep inhale] …', '1aos18b'], ['u/stoiebrodie', 14, '2024-02-12 16:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ae5p/', 'Switched to buying daily mid-2020 and still get FOMO with PA like this. It has helped fend off the raging FOMO, but it still rears its head haha.', '1aos18b'], ['u/MadeThisJustForLWIAY', 16, '2024-02-12 16:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3be4l/', "I honestly didn't think we'd get a rally past 48k til after the summer. Maybe the 100k'ers are right... Is this what it feels like to win?", '1aos18b'], ['u/noeeel', 10, '2024-02-12 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3cfjx/', 'If 50k, It think 51k is just a question of minutes.', '1aos18b'], ['u/lZqos0WGcUaibNaVIAOO', 11, '2024-02-12 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ch88/', 'It would seem the corn has found its footing, Cramer', '1aos18b'], ['u/zephyrmox', 10, '2024-02-12 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ck3z/', "think tapping 50k is likely. not confident it's going to hold up though.", '1aos18b'], ['u/John_Crypto_Rambo', 18, '2024-02-12 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3cnva/', 'Dopeboy’s assertion of new ATH before halving seemed crazy at first, but now seems more likely every day. 😳', '1aos18b'], ['u/dopeboyrico', 21, '2024-02-12 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3d32n/', 'If you like new ATH before the halving you’re going to love the idea of diminishing returns getting broken.', '1aos18b'], ['u/_supert_', 18, '2024-02-12 16:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3dg88/', 'I was crazy before it was cool. 😎', '1aos18b'], ['u/delgrey', 10, '2024-02-12 16:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3djx7/', 'What but Pomp just said on CNBC that Bitcoin will have diminished returns! \n\nWhy would he lie sir!', '1aos18b'], ['u/AccidentalArbitrage', 15, '2024-02-12 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3e310/', 'Someone has been posting them in here since $39k...', '1aos18b'], ['u/jpdoctor', 12, '2024-02-12 16:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ebie/', '>Once you see the "and the crowd chants..." comments, that means the pump is over lol\n\n3+% is a pump?\n\nMy my, how attitudes have changed.', '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 21, '2024-02-12 16:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3elva/', "Tradfi is seeing the ETF at, what, $25 to $50 a share? They're not even thinking about the price of one whole coin, they're thinking they can buy 100 shares of the ETF for $2500 to $5000.", '1aos18b'], ['u/guiseppi72', 17, '2024-02-12 16:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3em0t/', 'The 50-60k could be similar to the 30-40k run up where we had a micro pump to breach 30 and spent very little time getting to 40. Now, just waiting for the “this is the last time you’ll see below 50k comments.”', '1aos18b'], ['u/WYLFriesWthat', 19, '2024-02-12 16:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ese4/', 'Today is rekindling feelings of bull markets past. That constant whiplash and a mix of excitement and terror…', '1aos18b'], ['u/srpoke', 11, '2024-02-12 16:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fig0/', 'Futures already hit 50k', '1aos18b'], ['u/Taviiiiii', 15, '2024-02-12 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ftus/', '50k is a magnet 🧲', '1aos18b'], ['u/xtal_00', 34, '2024-02-12 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fw9o/', "Opening some Costco-sourced bubbly at 50k. Decadent, but frugal. \n\nIt's been a long road back.", '1aos18b'], ['u/noeeel', 13, '2024-02-12 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3fzg6/', 'Countdown to 50k now.', '1aos18b'], ['u/BootyPoppinPanda', 21, '2024-02-12 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3g7vc/', "Our suspicions that a tsunami of money being held hostage finally being let free into Bitcoinland will raise prices might actually end up being true...\n\nWho would've thought 🤔", '1aos18b'], ['u/Whole-Emergency9251', 16, '2024-02-12 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3g8p0/', 'Nice chunky buying this morning… ETFs are starting to get a little FOMO fever.', '1aos18b'], ['u/WaldoInWalden', 27, '2024-02-12 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gbsj/', '$IBIT volume ripping again today, far outpacing $GBTC.', '1aos18b'], ['u/BootyPoppinPanda', 17, '2024-02-12 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gum5/', "The last bear market, albeit slightly less deep, was still a total and utter disaster with so much drama and fraud. It hasn't been easy. \n\nOnly die-hard holders and believers rode the wall of worry from early 2023", '1aos18b'], ['u/yojop', 10, '2024-02-12 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3gvi3/', 'good morning everyone\nso close to 50k....', '1aos18b'], ['u/xtal_00', 29, '2024-02-12 17:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3h03x/', 'Moments like this I always through some cash into the rally for good luck.\n\nI encourage others to do same.', '1aos18b'], ['u/Charming_Rub_5275', 10, '2024-02-12 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3h8y4/', 'I used to do this but don’t any more. My highest buy price was 59,9xx as I remember trying to help the corn hit 60k for the first time lol', '1aos18b'], ['u/xtal_00', 15, '2024-02-12 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hf6u/', 'Kick some pennies in the fountain, you cheap bastard. :)', '1aos18b'], ['u/52576078', 19, '2024-02-12 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hifx/', 'You think was easy? Where have you been the past 3 years?', '1aos18b'], ['u/Carnotaur3', 13, '2024-02-12 17:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3hrcm/', '50k gentlemen', '1aos18b'], ['u/bittabet', 13, '2024-02-12 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3igzx/', "Yeah, chipped in $300 using Strike for the first time yesterday even though it really doesn't meaningfully change my stack. I think it probably is the cheapest for a quick immediate buy, but the spread was wider than I've seen reported-ended up paying \\~1% but avoided having to wire $300 and wait for it to post at a real exchange which let me get in at around $48100 (though it was effectively like 48600 with the fees).\n\nI can't wait for fees to come down now that the ETFs are out, probably the biggest benefit is just not having to pay massive fees to move in and out.", '1aos18b'], ['u/WaldoInWalden', 15, '2024-02-12 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ijt6/', "Proud to say a bought a chunk at $64,800. I buy tops and bottoms, I don't discriminate.", '1aos18b'], ['u/BootyPoppinPanda', 17, '2024-02-12 17:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3il5m/', 'If we do continue to rip higher from here and leave the 40s behind, that post-ETF shakeout to 38k will go down as one of the nastiest little bear traps. Lots of people took the bait 🪤', '1aos18b'], ['u/bittabet', 27, '2024-02-12 17:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3j4ez/', "The permabears that are still obsessing about MtGox coins or GBTC sales or whatever nonsense still don't get that there's just going to be a NONSTOP inflow of walls of cash into IBTC and FBTC. A forever DCA of cash from folks who control the real wealth out there. Just delicious to see.", '1aos18b'], ['u/DaBrokenMeta', 12, '2024-02-12 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kc9z/', 'My parents, cousins and grandparents and I had a great weekend (:', '1aos18b'], ['u/spinbarkit', 13, '2024-02-12 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kekv/', 'just posting I was here @ $50k breakout', '1aos18b'], ['u/Flopdo', 15, '2024-02-12 17:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kfrm/', 'Alright, so apparently a lot of limit sells at exactly 50k. ;)', '1aos18b'], ['u/KlearCat', 11, '2024-02-12 17:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kn38/', 'What? Bull runs in bitcoin are this easy.', '1aos18b'], ['u/Flopdo', 17, '2024-02-12 17:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3kzcj/', "Tried to tell these mofos... stop trying to justify past technicals. America doesn't have pensions anymore. The market keeps going up because people don't have funds putting most of their money in low yield bonds. There's going to be a lot of portfolios w/ 10% in crypto (Ark recommending 16%)... so how the hell you think this is going to ever go back down.\n\nJust common sense unless there's some major economic meltdown.", '1aos18b'], ['u/srpoke', 37, '2024-02-12 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3lj8s/', 'Last time it was 50k was 12/28/2021.', '1aos18b'], ['u/BitSecret', 11, '2024-02-12 17:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3lpmg/', '$60k before next week is on the table', '1aos18b'], ['u/jpdoctor', 11, '2024-02-12 17:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3m55h/', 'Let that be a lesson to us all.', '1aos18b'], ['u/make_n_bake', 10, '2024-02-12 17:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3mh5a/', 'Anyone see this [chart](https://i.imgur.com/mRUESUz.jpeg) yet?', '1aos18b'], ['u/nickelforapickle', 18, '2024-02-12 17:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3p3b1/', 'Is it really the bears? Or was 50k on the. Just a perfectly logical psychological selling point for many?', '1aos18b'], ['u/imissusenet', 10, '2024-02-12 17:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3pujd/', 'I bought some at $67.3K in Nov 2021.', '1aos18b'], ['u/snek-jazz', 18, '2024-02-12 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3pzxp/', 'you sure can', '1aos18b'], ['u/garycomehomee', 29, '2024-02-12 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3u21c/', 'I bet on bittybot a month ago that the price would hit 50k today. I will feel like a genius if it hits on the exact day I bet lol', '1aos18b'], ['u/Taviiiiii', 21, '2024-02-12 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3u446/', 'Mr Nakamoto, tear down this wall!', '1aos18b'], ['u/dopeboyrico', 10, '2024-02-12 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3ucbk/', '$50k broken.\n\nMore than half of the day is still remaining for TradFi trading hours. First single day $10k God candle incoming? We’ll see. Need to close today above $58.2k for that to happen.', '1aos18b'], ['u/Whole-Emergency9251', 13, '2024-02-12 18:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3uqaw/', 'BTC moves logarithmically so $58K and ATH is not far off. ATH before halving is VERY probable.', '1aos18b'], ['u/xtal_00', 36, '2024-02-12 18:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3uyq0/', 'Cheers, Gentlemen.\n\nLong road back.\n\nSit back and hang on. This is going to be a hell of a ride.', '1aos18b'], ['u/yojop', 23, '2024-02-12 18:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3v4pv/', 'First time 50K since 2021!', '1aos18b'], ['u/TheGarbageStore', 10, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vubg/', "Smells like retail euphoria in here right now tbh\n\nI'm not countertrading it though", '1aos18b'], ['u/RetardIdiotTrader', 15, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vvab/', 'Jesus christ it could not have been that long', '1aos18b'], ['u/NLNico', 23, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vvr8/', "Today [IBIT #13](https://www.barchart.com/etfs-funds/volume-leaders/price-leaders?orderBy=priceVolume&orderDir=desc) in price vol of all US ETFs. FBTC, GBTC, BITO also in top 40. They also have a small premium in price today.. even GBTC lol.\n\nTomorrow's numbers will be interesting.", '1aos18b'], ['u/I_AM_DEATH-INCARNATE', 12, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vx2g/', "We're not retail, we're regarded", '1aos18b'], ['u/HBAR_10_DOLLARS', 10, '2024-02-12 18:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3vyyl/', 'I WAS HERE', '1aos18b'], ['u/keygen4ever', 12, '2024-02-12 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wf26/', 'Very nice! Gentlemen', '1aos18b'], ['u/snek-jazz', 14, '2024-02-12 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wg0l/', 'I think /u/noeeel just happened!', '1aos18b'], ['u/shabalabadingdang', 30, '2024-02-12 18:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3wmlg/', 'Powdered flavoring for my Ramen tonight!', '1aos18b'], ['u/Hannibaalism', 10, '2024-02-12 18:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3x6ra/', 'who am i to thank for todays daily success? is it the faltering chinese? the ETFs? did sailor make a big boi purchase?', '1aos18b'], ['u/garycomehomee', 16, '2024-02-12 18:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3xfjg/', 'I made a wish upon a dragon scale', '1aos18b'], ['u/52576078', 17, '2024-02-12 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aos18b/daily_discussion_monday_february_12_2024/kq3xq85... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["By Anna Tong and Krystal Hu\n(Reuters) - Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley's renewed interest in cryptocurrency markets.\nFrom late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.\nThe previously unreported move by the prominent Silicon Valley venture capital firm underscores some institutional investors' return to token investments, once the hottest investment strategy before the crypto market crashed in 2022.\nThe outsized bet marks a comeback for crypto markets, which suffered in 2022 after the collapse of crypto exchange FTX and other big players crushed prices, tarnished the industry and prompted a regulatory crackdown.\nIn 2022, the price of bitcoin crashed to nearly $15,000, its lowest price since 2020.\nBitcoin and ether prices have gradually climbed over the past year, with bitcoin hitting $50,000 for first time in more than two years this week, but still below its peak of $69,000 in November 2021.\nAs one of the earliest institutional investors in crypto, Founders Fund began aggressively buying bitcoin in 2014, but then liquidated it before the crypto market crashed in 2022, making about $1.8 billion in returns.\nLast summer, Founder's Fund started to acquire bitcoin when it was below $30,000, and purchased more bitcoin and ether over a few months, sources added. Reuters wasn't able to learn the average price of those purchases.\nA spokesperson for the fund declined to comment.\nThiel, a co-founder of PayPal and Palantir, has publicly praised bitcoin, a currency based on blockchain technology that exists outside the purview of central banks, saying it is a store of value like gold and a hedge against central banks' monetary policy.\nThe cryptocurrency affinity aligns with the billionaire's interests in libertarianism, small government and technology innovation.\nFounders Fund, known for its early bets in companies such as SpaceX and Meta, now has over $12 billion in assets under management. It hired Joey Krug as partner in April 2023 to focus on crypto investing.\n(Reporting by Anna Tong in San Francisco and Krystal Hu in Toronto; editing by Kenneth Li and Sonali Paul)", 'By Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook and determine the timing of interest rate cuts.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $50,0097 in Asian hours.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was 0.15% higher in early trading. The index is down 3% so far in the year.\nJapan\'s Nikkei on the other hand has carried on from last year and is up 12% for the year. On Tuesday, the index rose 1.7% to hit a fresh 34-year high on the back of a weak yen which is nearing the closely-watched 150 per dollar level.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in Asia subdued and taking cues from the Wall Street.\nOn Monday, the Nasdaq slipped in the afternoon session after briefly surpassing its record closing high from November 2021. The benchmark S&P 500 closed lower but remained just above the 5,000-point level it crossed on Friday. E-mini futures for the S&P 500 fell 0.16%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\nEconomists polled by Reuters expect CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.172%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.16.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.38 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nIn commodities, U.S. crude rose 0.03% to $76.94 per barrel and Brent was at $81.99, down 0.01% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam)', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'The competition for the first spot Ethereum (ETH) exchange-traded fund (ETF) intensifies with seasoned Wall Street player Franklin Templeton entering the fray. The firmfiledan application with the Securities and Exchange Commission (SEC) today, seeking approval for a fund directly tracking ETH.\nThis move by Franklin Templeton, managing a whopping $1.4 trillion in assets, signifies growing institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization. Their proposed "Franklin Ethereum Trust" would hold ETH and explore the possibility of "staking" a portion of the fund\'s assets.\nStaking involves locking ETH to help secure the Ethereum network and earn rewards in the process. However, staking remains a contentious issue, with regulators like the SEC fining major crypto companies for offering unregistered securities through staking services.\nThis development follows the January approval of 10 spot Bitcoin ETFs, marking a historic moment for cryptocurrency integration into traditional financial markets. These Bitcoin ETFs allow investors to gain exposure without directly owning or managing the digital asset. Franklin Templeton isn\'t alone in seeking an ETH ETF. Industry giants like BlackRock, Grayscale, and VanEck have also submitted proposals.', "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companies partnering with Ethiopia's power monopoly are Chinese.\nEthiopia's appeal lies in its abundant hydropower, which powers 92% of its electricity grid, despite nearly half the population lacking access. Its temperate climate also reduces cooling costs compared to hotter hubs like Texas, the current U.S. mining leader.\nHowever, some miners resort to disguising their operations as factories or agricultural projects to bypass regulations and secure electricity without official approvals. This strategy comes with risks, as similar setups in Iran and Kazakhstan faced sudden government shutdowns.", "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companies partnering with Ethiopia's power monopoly are Chinese.\nEthiopia's appeal lies in its abundant hydropower, which powers 92% of its electricity grid, despite nearly half the population lacking access. Its temperate climate also reduces cooling costs compared to hotter hubs like Texas, the current U.S. mining leader.\nHowever, some miners resort to disguising their operations as factories or agricultural projects to bypass regulations and secure electricity without official approvals. This strategy comes with risks, as similar setups in Iran and Kazakhstan faced sudden government shutdowns.", '• US stocks saw mixed trades on Monday as investors brace for the upcoming release of the January CPI report.\n• The median forecast suggests year-over-year CPI will fall to 2.9%, a decline from the previous reading of 3.4%.\n• A continued decline in inflation might push the Federal Reserve to cut interest rates sooner rather than later.\nUS stocks were mixed on Monday, with the Dow Jones Industrial Average closing at a record high while the S&P 500 and Nasdaq 100 edged lower.\nInvestors are now bracing for forthcoming January inflation data, with the CPI report scheduled to be released Tuesday morning.\nInvestors are looking for a continued decline in inflation. A lower reading would help solidify the Federal Reserve\'s decision to cut interest rates later this year.\n"Tomorrow will be all about CPI as investors want to see signs that the disinflationary process continues to move in the right direction," NYSE senior market strategist Michael Reinking said in a Monday note to clients.\nThe median forecast suggests year-over-year CPI will fall to 2.9%, a decline from the previous reading of 3.4%. Meanwhile, year-over-year Core CPI is expected to drop to 3.7%, compared to its previous reading of 3.9%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,021.84, down 0.09%\n• Dow Jones Industrial Average:38,797.38, up 0.33% (+125.69 points)\n• Nasdaq Composite:15,942.55, down 0.30%\nHere\'s what else happened today:\n• The US now has an 85% chance of a recession in 2024,the highest probability since the Great Financial Crisis, economist David Rosenberg says.\n• Bitcoin surged above $50,000 for the first time in 2 yearson Monday as ETF demand grows and investors anticipate interest rate cuts.\n• The homebuying season is set to pick up this spring,and economists at Redfin and Zillow expect up to a 5% price gain.\n• The stock market will rise in 2024 even if the Federal Reserve decides against interest rate cutsand instead keeps rates unchanged, according to Bank of America.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.30% to $77.07 a barrel.Brent crude, the international benchmark, dropped 0.10% to $82.11 a barrel.\n• Golddeclined 0.23% to $2,034.10 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.17%.\n• Bitcoinclimbed 4.26% to $50,239.69.\nRead the original article onBusiness Insider', '• During a CNBC interview, Michael Saylor highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal.\n• Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus.\nMichael Saylor, MicroStrategy’s (MSTR) co-founder and executive chairman, says the recent listing of bitcoin {{BTC}} exchange-traded funds (ETFs) is pushing up the token’s price as there is a massive imbalance in the crypto’s supply and nearly a decade of pent-up demand for a retail accessible BTC product.\n“There’s ten times as much demand for bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners,” he said during an interview with CNBC.\n“There are ten years of pent-up demand people have been waiting for these ETFs, and finally, mainstream investors are able to access bitcoin, and I think that is what’s driving the surge of capital in the asset class,” he continued.\nBitcoin is in demand right now because it’s “uncorrelated to traditional risk assets and doesn’t come with exposure to any given country or company, quarterly result product cycle competitor, not to weather not to war, not to an employee base or supply chain,” Saylor said.\nSaylor also said that MicroStrategy will be re-branding to a bitcoin development company, reflecting its strategy to accumulate more bitcoin and promote the growth of the Bitcoin network.\n“It’s a natural decision for us given the success of our bitcoin strategy and our unique status as the world’s largest public company holder of bitcoin,” he said.\nMicroStrategy’s model offers greater flexibility than an investment trust, Saylor argued, enabling the company to develop software, generate cash flow, leveraging the capital market, and accumulate bitcoin for its shareholders and foster the Bitcoin network.\n“It makes sense for us to call ourselves a bitcoin development company,” he said, comparing it to a real estate or petroleum development company.', '• During a CNBC interview, Michael Saylor highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal.\n• Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus.\nMichael Saylor, MicroStrategy’s (MSTR) co-founder and executive chairman, says the recent listing of bitcoin {{BTC}} exchange-traded funds (ETFs) is pushing up the token’s price as there is a massive imbalance in the crypto’s supply and nearly a decade of pent-up demand for a retail accessible BTC product.\n“There’s ten times as much demand for bitcoin coming into these ETFs as there is supply coming from the natural sellers who are the miners,” he said during an interview with CNBC.\n“There are ten years of pent-up demand people have been waiting for these ETFs, and finally, mainstream investors are able to access bitcoin, and I think that is what’s driving the surge of capital in the asset class,” he continued.\nBitcoin is in demand right now because it’s “uncorrelated to traditional risk assets and doesn’t come with exposure to any given country or company, quarterly result product cycle competitor, not to weather not to war, not to an employee base or supply chain,” Saylor said.\nSaylor also said that MicroStrategy will be re-branding to a bitcoin development company, reflecting its strategy to accumulate more bitcoin and promote the growth of the Bitcoin network.\n“It’s a natural decision for us given the success of our bitcoin strategy and our unique status as the world’s largest public company holder of bitcoin,” he said.\nMicroStrategy’s model offers greater flexibility than an investment trust, Saylor argued, enabling the company to develop software, generate cash flow, leveraging the capital market, and accumulate bitcoin for its shareholders and foster the Bitcoin network.\n“It makes sense for us to call ourselves a bitcoin development company,” he said, comparing it to a real estate or petroleum development company.', '• Ethereum ecosystem and layer-2 tokens, such as LDO, ARB, and MNT, jumped as much as 7% as Franklin Templeton filed plans for a spot ether ETF.\n• Meanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nSolana’s SOL led the pack among crypto majors as bitcoin {{BTC}} briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders.\nSOL jumped 8%, while ether {{ETH}} rose 6.6% as bitcoin saw buying pressure after the New York market opened on Monday. Avalanche’s AVAX spiked 6%, while BNB Coin {{BNB}} and Cardano’s ADA rose a relatively lesser 3%.\nThe CoinDesk 20, a liquid index of the twenty biggest tokens by capitalization and volumes, minus stablecoins, rose 4%.\nSome Ethereum ecosystem tokens, such as staking protocol Lido’s LDO, and layer-2 tokens, such as Arbitrum’s ARB and Mantle’s MNT, jumped as much as 7% as financial giant Franklin Templeton filed plans for a spot ether ETF, joining a rising cohort.\nGrowth in major and alternative tokens has seemingly tracked the rise of bitcoin, which touched the $50,000 level for the first time since late 2021. Spot bitcoin ETFs have amassedmore than 192,000 tokensas of Friday since they went live nearly a month ago.\nMeanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nGoogle Trends allows users to compare the relative volume of searches. However, this does not mean the total number of searches for that term is decreasing it just means its popularity is decreasing compared to other searches. A line trending downward means that a search term’s popularity relative to other popular terms is decreasing.\nAs such, some traders caution that price retracements in the short-to-medium terms could still be on the cards.\n“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.”', '• Ethereum ecosystem and layer-2 tokens, such as LDO, ARB, and MNT, jumped as much as 7% as Franklin Templeton filed plans for a spot ether ETF.\n• Meanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nSolana’s SOL led the pack among crypto majors as bitcoin {{BTC}} briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders.\nSOL jumped 8%, while ether {{ETH}} rose 6.6% as bitcoin saw buying pressure after the New York market opened on Monday. Avalanche’s AVAX spiked 6%, while BNB Coin {{BNB}} and Cardano’s ADA rose a relatively lesser 3%.\nThe CoinDesk 20, a liquid index of the twenty biggest tokens by capitalization and volumes, minus stablecoins, rose 4%.\nSome Ethereum ecosystem tokens, such as staking protocol Lido’s LDO, and layer-2 tokens, such as Arbitrum’s ARB and Mantle’s MNT, jumped as much as 7% as financial giant Franklin Templeton filed plans for a spot ether ETF, joining a rising cohort.\nGrowth in major and alternative tokens has seemingly tracked the rise of bitcoin, which touched the $50,000 level for the first time since late 2021. Spot bitcoin ETFs have amassedmore than 192,000 tokensas of Friday since they went live nearly a month ago.\nMeanwhile, some market observers pointed out that Google search interest for bitcoin remained at an all-time low compared to the price, implying low retail interest in the topic.\nGoogle Trends allows users to compare the relative volume of searches. However, this does not mean the total number of searches for that term is decreasing it just means its popularity is decreasing compared to other searches. A line trending downward means that a search term’s popularity relative to other popular terms is decreasing.\nAs such, some traders caution that price retracements in the short-to-medium terms could still be on the cards.\n“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.”', '(Updated at 0555 GMT)\nBy Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Japanese shares touched a 34-year peak on Tuesday, while the dollar held steady, keeping the yen perilously close to 150 per dollar level ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $49,897.\nJapan\'s Nikkei continued to advance, climbing to 38,010 on Tuesday, not far from the record high of 38,957 the benchmark touched on Dec. 29, 1989. The Nikkei has gained more than 13% so far this year, after rising 28% in 2023.\nThe surge has been driven by foreign investors flocking to the market attracted by low valuations and changes in corporate governance, while a weakening yen this year has provided a further boost.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in rest of Asia subdued. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.11%.\nFutures indicate European bourses are due to open lower with the Eurostoxx 50 down 0.36%, German DAX futures 0.26% lower and FTSE futures up 0.01%.\nE-mini futures for the S&P 500 fell 0.13%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and the Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\n"It’s only a matter of time before the Fed reduces rates and we think that this should start around the middle of this year," said Vasu Menon, managing director of investment strategy at OCBC Bank in Singapore.\n"Rate cuts should be good for stock markets provided we do not see a hard landing in the US economy. The good news is that economic data so far seems to support this prognosis."\nEconomists polled by Reuters expect the CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.181%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.20.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.55 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nThe yen has fallen more than 5% against the dollar year-to-date, with yen bears emboldened by signs the Bank of Japan will resist aggressively hiking rates even if it exits negative interest rates this year as markets are wagering.\nIn commodities, U.S. crude futures rose 0.18% to $77.06 per barrel and Brent futures were at $82.08, up 0.1% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam and Sonali Paul)', '• Many calls at $65,000, $70,000 and $75,000 crossed the tape on dominant crypto options exchange Deribit over the weekend.\n• The concentration of activity in these so-called out-of-the-money calls reflects bullish market sentiment.\nMove over fears of a bitcoin {{BTC}} price drop due to so-called overbought technical conditions and potential selling by bankrupt crypto lender Genesis.\nCrypto traders are snapping cheap out-of-the-money (OTM) bitcoin calls or bullish options bets at levels around the cryptocurrency’s lifetime high of $69,000.\nOver the weekend, many call options at strikes $65,000, $70,000 and $75,000 changed hands on Deribit, the world’s leading crypto options exchange by volumes and open interest. On Deribit, one options contract represents one BTC.\nCall options give investors the right to buy the underlying asset at a specific price by a stated date, while puts confer the right to sell. A call buyer is implicitly bullish on the market.\nThe mass buying of higher strike calls reflects a bullish mood among sophisticated market participants.\n“We see a concentration of open interest in $50k calls and have seen flows in $50K, $60K and $75K calls in the listed options markets from April to June maturities”" Kelly Greer, Head of Americas Sales, Galaxy, told CoinDesk in an interview. “These flows demonstrate conviction from buyers willing to pay a premium to take on these positions, suggesting investors have a constructive view on bitcoin.”\nGreer added that a similar concentration of activity in the OTM calls at $30,000 and $40,000 in the final quarter of 2023 paved the way for a convincing price rally through those levels.\nPositioning in the options market has been areliable indicatorof impending price swings.\nThe recent bullish flows are reminiscent of the 2020-2021 bull market when sophisticated market participants consistently bought calls at strikesat $80,000and higher at cheap valuations.\nBitcoin has nearly doubled to $50,000 since early October, with prices rising from $38,500 in the past three weeks, mainly due tostrong ETF inflows.\nThe cryptocurrency’s 14-day relative strength index, a popular technical analysis tool, has jumped above 70,signaling overbought conditionsin the bitcoin market. An overbought reading is often taken as a signal of an impending bearish trend reversal, although it only means the market has rallied a little too fast in a short period and may take a breather.“\n"Bitcoin posted its seventh consecutive day of gains, but the strengthening slowed over the weekend. It also coincided with a move above 70 on the RSI on the daily timeframes, which could increase players’ appetite for short-term profit-taking. Caution is also building as we approach the January peak,” Alex Kuptsikevich, senior analyst at FxPro, said in an email Monday.\nBesides, alooming concern is thatfailed crypto lender Genesis’ forced sale of $1.6 billion in bitcoin, ether and ethereum classics could drive prices lower. Genesis recently filed a motion asking a U.S. judgeto approve the saleof the above-mentioned cryptocurrencies held in Grayscale’s trust products.', '• Many calls at $65,000, $70,000 and $75,000 crossed the tape on dominant crypto options exchange Deribit over the weekend.\n• The concentration of activity in these so-called out-of-the-money calls reflects bullish market sentiment.\nMove over fears of a bitcoin {{BTC}} price drop due to so-called overbought technical conditions and potential selling by bankrupt crypto lender Genesis.\nCrypto traders are snapping cheap out-of-the-money (OTM) bitcoin calls or bullish options bets at levels around the cryptocurrency’s lifetime high of $69,000.\nOver the weekend, many call options at strikes $65,000, $70,000 and $75,000 changed hands on Deribit, the world’s leading crypto options exchange by volumes and open interest. On Deribit, one options contract represents one BTC.\nCall options give investors the right to buy the underlying asset at a specific price by a stated date, while puts confer the right to sell. A call buyer is implicitly bullish on the market.\nThe mass buying of higher strike calls reflects a bullish mood among sophisticated market participants.\n“We see a concentration of open interest in $50k calls and have seen flows in $50K, $60K and $75K calls in the listed options markets from April to June maturities”" Kelly Greer, Head of Americas Sales, Galaxy, told CoinDesk in an interview. “These flows demonstrate conviction from buyers willing to pay a premium to take on these positions, suggesting investors have a constructive view on bitcoin.”\nGreer added that a similar concentration of activity in the OTM calls at $30,000 and $40,000 in the final quarter of 2023 paved the way for a convincing price rally through those levels.\nPositioning in the options market has been areliable indicatorof impending price swings.\nThe recent bullish flows are reminiscent of the 2020-2021 bull market when sophisticated market participants consistently bought calls at strikesat $80,000and higher at cheap valuations.\nBitcoin has nearly doubled to $50,000 since early October, with prices rising from $38,500 in the past three weeks, mainly due tostrong ETF inflows.\nThe cryptocurrency’s 14-day relative strength index, a popular technical analysis tool, has jumped above 70,signaling overbought conditionsin the bitcoin market. An overbought reading is often taken as a signal of an impending bearish trend reversal, although it only means the market has rallied a little too fast in a short period and may take a breather.“\n"Bitcoin posted its seventh consecutive day of gains, but the strengthening slowed over the weekend. It also coincided with a move above 70 on the RSI on the daily timeframes, which could increase players’ appetite for short-term profit-taking. Caution is also building as we approach the January peak,” Alex Kuptsikevich, senior analyst at FxPro, said in an email Monday.\nBesides, alooming concern is thatfailed crypto lender Genesis’ forced sale of $1.6 billion in bitcoin, ether and ethereum classics could drive prices lower. Genesis recently filed a motion asking a U.S. judgeto approve the saleof the above-mentioned cryptocurrencies held in Grayscale’s trust products.', '(Updates at 0915 GMT)\nBy Harry Robertson and Ankur Banerjee\nLONDON/SINGAPORE, Feb 13 (Reuters) - Japanese shares touched a 34-year peak on Tuesday, while European stocks and S&P 500 futures slipped as investors waited for a U.S. inflation report that could shape Federal Reserve policy.\nTreasuries and the dollar were little changed before the inflation numbers. Bitcoin remained just above $50,000 after crossing the threshold for the first time in over two years, thanks to inflows into exchange-traded funds backed by the digital asset.\nJapan\'s Nikkei continued to advance, climbing to 38,010 on Tuesday, not far from the record high of 38,957 the benchmark touched on Dec. 29, 1989. The Nikkei has gained more than 13% so far this year, after rising 28% in 2023.\nForeign investors have flocked to the market, attracted by low valuations, changes in corporate governance, and a weak yen that has made Japanese companies\' products more attractive globally.\n"U.S. yields have moved up year to date," said Max Kettner, chief multi-asset strategist at HSBC. "In the absence of any kind of meaningful tightening from the Bank of Japan that really hurts the Japanese yen, (which) helps the export-sensitive Japanese equity market."\nEurope\'s continent-wide Stoxx 600 index slipped 0.33% in early trading, after rising 0.54% on Monday, as investors turned cautious before the U.S. data. Germany\'s DAX stock index was 0.72% lower.\nBritain\'s FTSE 100 slipped 0.15% while the pound climbed 0.1% after data showed\nwage growth\nwas stronger than expected in the last three months of 2023.\nFutures for the U.S. S&P 500 fell 0.32%, while Nasdaq futures were down 0.4%.\nJanuary U.S. inflation data could jolt markets at 1330 GMT (8.30 a.m. ET). Economists polled by Reuters expect the consumer price index (CPI) to rise 2.9% year-on-year, down from 3.4% in the previous month.\nA higher-than-expected number could nudge yields higher and further strengthen the dollar, said Charu Chanana, head of currency strategy at Saxo.\nMarket pricing shows investors think there\'s currently a 70% chance of an interest rate cut by May, "and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now," Chanana said.\nInvestors have lowered their bets on rate cuts from the biggest central banks in recent weeks as U.S. data has come in stronger than expected. They now see roughly 110 basis points of cuts by the end of the year, down from around 145 basis points at the start of February.\nThe yield on 10-year Treasury notes was up very slightly at 4.19%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.24. The euro was roughly flat at $1.0761.\nThe Japanese yen, which is sensitive to U.S. rates, was last down around 0.2% at 149.67 per dollar, not far from the closely watched 150 level that analysts said would likely trigger further comments from Japanese officials in an attempt to support the currency.\nJapan\'s currency has fallen around 6% against the dollar this year as investors have pushed back their expectations for when the BOJ will end its ultra-loose monetary policy.\nIn commodities, Brent crude oil futures were at $82.06, up 0.1% on the day.\n(Reporting by Harry Robertson in London and Ankur Banerjee in Singapore; Editing by Sonali Paul and Bernadette Baum)', '• Bitcoin\'s move above $50,000 on Monday brought windfall gains to holders of the Yes side of Polymarket\'s now-expired "Will BTC hit $50,000 in February?" contract.\n• Pseudonymous trader u/MeLLoN98 made 550% and is now betting on the bitcoin price reaching a record high by the end of the first quarter.\nGone are the days when making big money in the crypto market required taking directional bets in the spot or futures markets or setting up complex decentralized finance strategies. Some traders are now generating market-beating returns through the decentralized prediction platform Polymarket.\nA recent example: The pseudonymousu/MeLLoN98, a core contributor on Reddit\'s r/CryptoCurrency community, earned a staggering 550% return on investment after buying more than 90,000 shares in the Yes side of Polymarket\'s now-expired betting contract "Will BTC hit $50,000 in February?"\nThe contract resolved to Yes on Monday after bitcoin {{BTC}}rose past$50,000 on the Nasdaq-listed Coinbase (COIN) exchange, hitting the highest since December 2021. Speculators onPolymarketcan buy or sell outcome shares, which can be redeemed for $1 if the outcome is correct.\n"I converted 110,000 Moons to 14,000 USDC on Kraken and bought 91,409 shares on Polymarket at an average price of about 15 cents. So I paid $14K and got $91.4K," u/MeLLoN98 told CoinDesk in an interview conducted over X.MOONis the native token ofthe r/CryptoCurrency community, which has 7.4 million users.\nMOON ERC-20 tokens are distributed as rewards to community members for their posts or comments in the subreddit and can be freely traded and spent in the community for various purposes. USDC is the world\'s second-largest dollar-pegged stablecoin, with over $27 billion in market capitalization.\nIn other words, u/MeLLoN98 used his free MOON tokens to bet on the bitcoin price and won over $91,000. u/MeLLoN98 said he is planning to accumulate more MOON with the amount won.\n"Moons are getting on Arbitrum One next month with apartnership with Celer Network, so more liquidity is coming," the trader said, explaining his plans to buy more MOON.\nPolymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contracttradedat 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.\nu/MeLLoN98, which goes by the nameRedditMoons-10$on Polymarket, has purchased more than 230,000 shares of the Yes side of the contract.\n"This bet is a lot more crazier. I paid approximately $27k and if it happens I\'ll get $230k," u/MeLLoN98 said.', '• Bitcoin\'s move above $50,000 on Monday brought windfall gains to holders of the Yes side of Polymarket\'s now-expired "Will BTC hit $50,000 in February?" contract.\n• Pseudonymous trader u/MeLLoN98 made 550% and is now betting on the bitcoin price reaching a record high by the end of the first quarter.\nGone are the days when making big money in the crypto market required taking directional bets in the spot or futures markets or setting up complex decentralized finance strategies. Some traders are now generating market-beating returns through the decentralized prediction platform Polymarket.\nA recent example: The pseudonymousu/MeLLoN98, a core contributor on Reddit\'s r/CryptoCurrency community, earned a staggering 550% return on investment after buying more than 90,000 shares in the Yes side of Polymarket\'s now-expired betting contract "Will BTC hit $50,000 in February?"\nThe contract resolved to Yes on Monday after bitcoin {{BTC}}rose past$50,000 on the Nasdaq-listed Coinbase (COIN) exchange, hitting the highest since December 2021. Speculators onPolymarketcan buy or sell outcome shares, which can be redeemed for $1 if the outcome is correct.\n"I converted 110,000 Moons to 14,000 USDC on Kraken and bought 91,409 shares on Polymarket at an average price of about 15 cents. So I paid $14K and got $91.4K," u/MeLLoN98 told CoinDesk in an interview conducted over X.MOONis the native token ofthe r/CryptoCurrency community, which has 7.4 million users.\nMOON ERC-20 tokens are distributed as rewards to community members for their posts or comments in the subreddit and can be freely traded and spent in the community for various purposes. USDC is the world\'s second-largest dollar-pegged stablecoin, with over $27 billion in market capitalization.\nIn other words, u/MeLLoN98 used his free MOON tokens to bet on the bitcoin price and won over $91,000. u/MeLLoN98 said he is planning to accumulate more MOON with the amount won.\n"Moons are getting on Arbitrum One next month with apartnership with Celer Network, so more liquidity is coming," the trader said, explaining his plans to buy more MOON.\nPolymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contracttradedat 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.\nu/MeLLoN98, which goes by the nameRedditMoons-10$on Polymarket, has purchased more than 230,000 shares of the Yes side of the contract.\n"This bet is a lot more crazier. I paid approximately $27k and if it happens I\'ll get $230k," u/MeLLoN98 said.', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nFrenetic trading activity around artificial intelligence and chipmakers has tech heavy stock indexes from Wall St\'s Nasdaq to Japan\'s Nikkei just a stone\'s throw from all-time highs - even if Tuesday\'s U.S. inflation update had them back off for now.\nWith US annual consumer price inflation expected to ebb to a near 3-year low of 2.9% - and below 3% for the first time since March 2021 - rates and bonds markets held steady.\nEven though Federal Reserve futures markets now have sights firmly set on May rather than March for the first interest rate cut in the cycle, the central bank will welcome another retreat in CPI even if core rates remain stick.\nFurther encouragement came on Monday as the New York Fed\'s household survey showed 3-year inflation expectations falling to just 2.4% - the lowest in almost four years.\nBut with China\'s markets still closed for the Lunar New Year holiday, all the markets buzz was once again in tech and AI.\nAided by both the tech sector boost and a softening yen toward 150 per dollar for the first time since November, Japan\'s Nikkei - one of the investment darlings of the year so far - soared almost 3% and closed at a fresh 34-year high as trading resumed after a long holiday weekend.\nIt\'s now just 2% from the record peak it set at the height of Japan\'s property bubble in 1990.\nOn of the drivers of Tuesday\'s gains was SoftBank, which climbed 6.27% - buoyed in turn by the extraordinary share price boom in chip developer Arm Holdings, in which SoftBank has a 90% stake.\nInfused with the AI frenzy, Arm\'s shares surged another 40% on Monday - adding to a staggering rally that\'s seen it gain more than 80% since its earnings projections were released last Wednesday. And its market value has now reached a record $141 billion, nearly tripling since its initial public offering last September.\nWhat\'s more, Monday saw chip giant Nvidia cross above Amazon.com in market capitalization at one point amid the same AI euphoria - briefly making it the fourth-most valuable U.S. company.\nAll the excitement saw the Nasdaq surpass its record closing high from November 2021 at one stage during Monday\'s trading - just half a percent from its all-time intraday peak.\nIt slipped back before the close, however, with Tesla falling again and increasingly separated out from the so-called \'Magnificent 7" grouping of megacap tech stock leaders. Embroiled in a price war with Chinese rivals, Tesla\'s stock is down almost 25% so far this year.\nNasdaq futures fell back about 0.5% before the open, with S&P500 futures down about 0.4% as the inflation release was awaited.\nWith the January NFIB small business survey due later, small caps outperformed on Monday - climbing 1.8% and the large caps stumbled at new highs.\nElsewhere, Bitcoin touched its highest since December 2021 at $50,383 and steadied above $50,000 for a second day running. The world\'s largest crypto token has risen nearly 18% this year, helped by last month\'s regulatory nod for U.S.-listed exchange traded funds (ETFs) and an expected \'halving\' event later this year.\nIn Europe, sterling rose and British stocks and bonds fell after news that UK pay grew at the weakest pace in more than a year at the end of 2023 even as the jobless rate fell again.\nThe drop in wage growth was not as big as forecast, however, and probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates.\nKey diary items that may provide direction to U.S. markets later on Tuesday:\n* U.S. Jan consumer price inflation report, NFIB Jan small business survey\n* Energy and climate ministers gather in Paris for IEA\'s 2024 Ministerial Meeting\n* U.S. corporate earnings: AIG, Airbnb, Lyft, Coca-Cola, Marriott, MGM Resorts, Molson Coors, Biogen, Hasbro, Moody\'s, Robinhood, Eversource Energy, Ecolab, Howmet Aerospace, Incyte, DaVita, Invitation Homes, Akamai Technologies, Welltower, EQT, Leidos, Zoetis, Zillow\n(Editing by Bernadette Baum)', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nFrenetic trading activity around artificial intelligence and chipmakers has tech heavy stock indexes from Wall St\'s Nasdaq to Japan\'s Nikkei just a stone\'s throw from all-time highs - even if Tuesday\'s U.S. inflation update had them back off for now.\nWith US annual consumer price inflation expected to ebb to a near 3-year low of 2.9% - and below 3% for the first time since March 2021 - rates and bonds markets held steady.\nEven though Federal Reserve futures markets now have sights firmly set on May rather than March for the first interest rate cut in the cycle, the central bank will welcome another retreat in CPI even if core rates remain stick.\nFurther encouragement came on Monday as the New York Fed\'s household survey showed 3-year inflation expectations falling to just 2.4% - the lowest in almost four years.\nBut with China\'s markets still closed for the Lunar New Year holiday, all the markets buzz was once again in tech and AI.\nAided by both the tech sector boost and a softening yen toward 150 per dollar for the first time since November, Japan\'s Nikkei - one of the investment darlings of the year so far - soared almost 3% and closed at a fresh 34-year high as trading resumed after a long holiday weekend.\nIt\'s now just 2% from the record peak it set at the height of Japan\'s property bubble in 1990.\nOn of the drivers of Tuesday\'s gains was SoftBank, which climbed 6.27% - buoyed in turn by the extraordinary share price boom in chip developer Arm Holdings, in which SoftBank has a 90% stake.\nInfused with the AI frenzy, Arm\'s shares surged another 40% on Monday - adding to a staggering rally that\'s seen it gain more than 80% since its earnings projections were released last Wednesday. And its market value has now reached a record $141 billion, nearly tripling since its initial public offering last September.\nWhat\'s more, Monday saw chip giant Nvidia cross above Amazon.com in market capitalization at one point amid the same AI euphoria - briefly making it the fourth-most valuable U.S. company.\nAll the excitement saw the Nasdaq surpass its record closing high from November 2021 at one stage during Monday\'s trading - just half a percent from its all-time intraday peak.\nIt slipped back before the close, however, with Tesla falling again and increasingly separated out from the so-called \'Magnificent 7" grouping of megacap tech stock leaders. Embroiled in a price war with Chinese rivals, Tesla\'s stock is down almost 25% so far this year.\nNasdaq futures fell back about 0.5% before the open, with S&P500 futures down about 0.4% as the inflation release was awaited.\nWith the January NFIB small business survey due later, small caps outperformed on Monday - climbing 1.8% and the large caps stumbled at new highs.\nElsewhere, Bitcoin touched its highest since December 2021 at $50,383 and steadied above $50,000 for a second day running. The world\'s largest crypto token has risen nearly 18% this year, helped by last month\'s regulatory nod for U.S.-listed exchange traded funds (ETFs) and an expected \'halving\' event later this year.\nIn Europe, sterling rose and British stocks and bonds fell after news that UK pay grew at the weakest pace in more than a year at the end of 2023 even as the jobless rate fell again.\nThe drop in wage growth was not as big as forecast, however, and probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates.\nKey diary items that may provide direction to U.S. markets later on Tuesday:\n* U.S. Jan consumer price inflation report, NFIB Jan small business survey\n* Energy and climate ministers gather in Paris for IEA\'s 2024 Ministerial Meeting\n* U.S. corporate earnings: AIG, Airbnb, Lyft, Coca-Cola, Marriott, MGM Resorts, Molson Coors, Biogen, Hasbro, Moody\'s, Robinhood, Eversource Energy, Ecolab, Howmet Aerospace, Incyte, DaVita, Invitati Last 60 Days of Bitcoin's Closing Prices: [41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-13 Financial & Commodity Data: - Gold Closing Price: $1992.90 - Crude Oil Closing Price: $77.87 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $984,770,926,875 - Hash Rate: 506686456.4559378 - Transaction Count: 313178.0 - Unique Addresses: 589286.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - Record BTC Production of 1,853 BTC in December and12,852 BTCin 2023 - Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s - BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of December 31, 2023 Fort Lauderdale, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for December 2023. Management Commentary“In December, we increased our energized hash rate 4% to 24.7 exahashes and extended our lead as the largest publicly traded bitcoin miner in North America,” said Fred Thiel, Marathon’s chairman and CEO. “We continue to target 30% growth in energized hash rate in 2024 and with the recently announced acquisition of the two sites from Generate Capital, which is expected to close in January 2024, we expect to reach 50 exahashes in the next 18 to 24 months. “Outside the US, progress continued in Abu Dhabi where we now have 2.7 exahashes online. This total includes over 13,000 rigs energized at our second, larger facility in Masdar City, and the remaining 4.4 exahashes are still expected to be online in January 2024. Our new joint venture in Paraguay also continued to energize, reaching 0.3 exahash with 2,110 miners now online. We continue to expect the full 1.1 exahashes to be online by early Q2 2024. “Hash rate growth and continued efficiency gains helped grow average operational hash rate* by 18% to 21.9 exahashes or 22.4 exahashes including our share of the joint ventures. This helped drive record bitcoin production as Marathon mined 1,853 BTC in December, up 56% from November, and 290% year-over-year. We believe this to be the highest monthly total ever recorded by a public bitcoin mining company. “Significantly higher transaction fees helped December’s Bitcoin production grow much faster than average operational hash rate. For the month, MaraPool collected more than 380 BTC in transaction fees or 22% of BTC production, up from 12% of production last month. Our success in capturing the sizable transaction fees currently available to miners is directly related to owning and operating our own pool and represents a key competitive advantage of our vertically integrated tech stack. “The recently announced acquisition of the sites in Granbury, TX and Kearney, NE, which is expected to close in January 2024, is expected to improve our cost structure and increase our near-term growth potential. This transaction is on track to close in mid-January and with new miners already on order, we expect to be able to quickly fill available capacity. We look forward to sharing more details on the integration strategy and financial impact after the deal has closed.” Operational Highlights and Updates Figure 1: Operational Highlights* [["Bitcoin Produced", "", "", "1,853", "", "", "", "475", "", "", "", "290", "%", "", "", "1,853", "", "", "", "1,187", "", "", "", "56", "%"], ["Average Bitcoin Produced per Day", "", "", "59.8", "", "", "", "15.3", "", "", "", "290", "%", "", "", "59.8", "", "", "", "39.6", "", "", "", "51", "%"], ["Share of Available Miner Rewards1", "", "", "5.1", "%", "", "", "1.7", "%", "", "", "197", "%", "", "", "5.1", "%", "", "", "3.6", "%", "", "", "40", "%"], ["Number of Blocks Won5", "", "", "222", "", "", "", "70", "", "", "", "217", "%", "", "", "222", "", "", "", "159", "", "", "", "40", "%"], ["Transaction Fees as % of Total5", "", "", "21.8", "%", "", "", "2.0", "%", "", "", "991", "%", "", "", "21.8", "%", "", "", "12.1", "%", "", "", "80", "%"], ["Energized Hash Rate (EH/s)2", "", "", "24.7", "", "", "", "7.0", "", "", "", "253", "%", "", "", "24.7", "", "", "", "23.7", "", "", "", "4", "%"], ["Avg Operational Hash Rate (EH/s)3", "", "", "22.4", "", "", "", "NA", "", "", "", "", "", "", "", "22.4", "", "", "", "19.0", "", "", "", "18", "%"], ["Installed Hash Rate (EH/s)4", "", "", "25.2", "", "", "", "7.0", "", "", "", "260", "%", "", "", "25.2", "", "", "", "23.2", "", "", "", "9", "%"], ["1. Defined as the total amount of block rewards including transaction fees that Marathon earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period."], ["2. Defined as the amount of hash rate that could theoretically be generated if all miners that have been energized are currently in operation including miners that may be temporarily offline. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["3. Defined as the average hash rate that was actually generated during the month from all operational miners. All figures are estimates and are rounded."], ["4. Defined as the sum of energized hash rate (see above) and hash rate that has been installed but not yet energized. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["5. These metrics are MaraPool only, do not include the joint ventures"]] In December, approximately 8,900 of Marathon’s Bitcoin miners (c. 0.7 EH/s) were energized at Applied Digital’s facility in Garden City, Texas. This energization helped increase the Company’s operating fleet* by 7% to approximately 199,200 Bitcoin miners, theoretically capable of producing approximately 24.7 EH/s, according to the manufacturer’s specifications as of December 1, 2023. The Company’s average fleet efficiency, based on manufacturers’ specifications, was 24.5 J/TH (joules per terahash) as of January 1, 2024. Figure 2: Operational Details by Site [["Site", "", "State", "", "", "Host", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", ""], ["McCamey", "", "", "TX", "", "", "US Bitcoin", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.1", "", "", "", "6.9", "", "", "", "92", "%", "", "", "90", "%"], ["Ellendale", "", "", "ND", "", "", "Applied", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.4", "", "", "", "7.0", "", "", "", "95", "%", "", "", "90", "%"], ["Garden City", "", "", "TX", "", "", "Applied", "", "", "4.5", "", "", "", "4.1", "", "", "", "4.5", "", "", "", "4.0", "", "", "", "3.6", "", "", "", "1.3", "", "", "", "80", "%", "", "", "33", "%"], ["Granbury", "", "", "TX", "", "", "US Bitcoin", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.7", "", "", "", "99", "%", "", "", "89", "%"], ["Jamestown", "", "", "ND", "", "", "Applied", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.2", "", "", "", "1.4", "", "", "", "86", "%", "", "", "96", "%"], ["All Other", "", "", "", "", "", "Various", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.3", "", "", "", "0.8", "", "", "", "88", "%", "", "", "88", "%"], ["Total", "", "", "", "", "", "", "", "", "24.7", "", "", "", "23.8", "", "", "", "24.7", "", "", "", "23.7", "", "", "", "22.4", "", "", "", "19.1", "", "", "", "91", "%", "", "", "80", "%"]] Marathon and its hosting provider further increased uptime in McCamey, TX from 90% in November to 92% in December. These improvements helped grow average operational hash rate at this facility by 2% to 7.1 EH/s. The Company is continuing to optimize its operations to maximize efficiency and lower operating costs. Financial Highlights and Updates Figure 3: Financial Highlights [["Metric", "", "12/31/2023", "", "", "12/31/2022", "", "", "% \u0394", "", "", "12/31/2023", "", "", "11/30/2023", "", "", "% \u0394", ""], ["Total Cash, Cash Equivalents, & Restricted Cash ($, in millions)", "", "", "356.8", "", "", "", "112.5", "", "", "", "217", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Unrestricted Cash", "", "", "356.8", "", "", "", "103.7", "", "", "", "244", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Restricted Cash", "", "", "0.0", "", "", "", "8.8", "", "", "", "-100", "%", "", "", "0.0", "", "", "", "0.0", "", "", "", "NA", ""], ["Total BTC Holdings (in whole numbers)", "", "", "15,174", "", "", "", "12,232", "", "", "", "24", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Unrestricted BTC Holdings", "", "", "15,174", "", "", "", "7,816", "", "", "", "94", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Restricted BTC Holdings", "", "", "0", "", "", "", "4,416", "", "", "", "-100", "%", "", "", "0", "", "", "", "0", "", "", "", "NA", ""], ["Pledged BTC Holdings", "", "", "0", "", "", "", "0", "", "", "", "NA", "", "", "", "0", "", "", "", "0", "", "", "", "NA", ""]] As of December 31, the Company holds a total of 15,174 unrestricted BTC. Marathon opted to sell 704 BTC or 38% of monthly production to cover operating expenses. The Company intends to sell a portion of its bitcoin holdings in future periods to support monthly operations, manage its treasury, and for general corporate purposes. Marathon held $356.8 million in cash and cash equivalents on its balance sheet at month end, all of which was unrestricted. During December, the combined balance of unrestricted cash and cash equivalents and bitcoin increased from $802.3 million to $998.5 million at December 31, 2023. In anticipation of the next Bitcoin network halving, the Company continues to build liquidity on the balance sheet to capitalize on strategic opportunities, including industry consolidation. The transaction to acquire two operating sites from Generate Capital is expected to close in January 2024 for approximately $178.6 million in cash to be paid from the Company’s balance sheet. Beginning December 2023, the Company’s production reports now include the proportional share of international joint ventures (JVs) except where noted. Prior to December 2023, certain operating metrics including hash rates, energized miners, and fleet efficiency were US-only and did not yet include the JVs Investor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on March 16, 2023. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or Bitcoin hash rate may also materially affect the future performance of Marathon's production of bitcoin. Additionally, all discussions of financial metrics assume mining difficulty rates as of December 2023. See "Forward-Looking Statements" below. Forward-Looking StatementsStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. About Marathon Digital HoldingsMarathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America. For more information, visitwww.mara.com, or follow us on: Twitter:@MarathonDHLinkedIn:www.linkedin.com/company/marathon-digital-holdingsFacebook:www.facebook.com/MarathonDigitalHoldingsInstagram:@marathondigitalholdings Marathon Digital HoldingsCompanyContact:Telephone: 800-804-1690Email:[email protected] Marathon Digital Holdings Media Contact:Email:[email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', "Robinhood Markets(NASDAQ: HOOD)Q4 2023 Earnings CallFeb 13, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nThank you for standing by, and welcome to the Robinhood Markets Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] As a reminder, today's program is being recorded.\nAnd now I'd like to introduce your host for today's program, Chris Koegel, vice president of corporate FP&A and investor relations. Please go ahead.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jonathan, and thank you to everyone for joining Robinhood's Q4 earnings call. With us today are our CEO and co-founder, Vlad Tenev; and CFO, Jason Warnick. Before getting started, I want to remind you that today's call will contain forward-looking statements.\nActual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor, are described in the press release we issued today, the earnings presentation, and our SEC filings all of which can be found at investors.robinhood.com. Today's discussion will also include non-GAAP financial measures. Reconciliation to the GAAP results we consider most comparable can be found in the earnings presentation.\nShould you invest $1,000 in Robinhood Markets right now?\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nWith that, let me turn it over to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Chris. Hi, everyone. We're going to try something a little bit different today. I'm going to keep my remarks brief so that we can spend more time on Q&A.\nRobinhood is focused on three things: number one, winning the active trader market; two, increasing wallet share as we deepen relationships with our customers and three, expanding internationally. I, first off, want to congratulate our team for a strong 2023. Trading market share was up 14% for equities and 19% for options year over year. Gold subscribers were up 25% to $1.4 million, and assets under custody exceeded $100 billion, fueled by the strength of our 27% organic growth in net deposits.\nAnd we've launched brokerage in the U.K. and crypto in the EU. A couple of points to call out. In Q4, we finished with $1.3 billion of net positive brokerage account transfers into Robinhood, and we've already exceeded that total halfway through Q1.\nWe've been taking trading market share for some time, and now we're winning net asset inflows from every one of our major competitors, averaging over $100,000 per transfer. And as for funded customers, we've already grown more in the first half of Q1 than we did in each of the last eight quarters. So, I love the momentum we're building, and I'm excited about 2024. Before I discuss our road map, let's have Jason review our financial results.\nJason Warnick--Chief Financial Officer\nThanks, Vlad. It's good to speak with everyone today. We had a strong Q4 and 2023, and we have a lot of momentum starting 2024. Looking at 2023, we delivered significant profitable growth with record full-year revenues, record adjusted EBITDA, and record adjusted EBITDA margins.\nWe grew revenues 37% to $1.9 billion; delivered adjusted EBITDA of $536 million, which is more than three times our prior high; drove 124% incremental margins as revenues grew by more than $500 million, even while we lowered costs; and we expanded adjusted EBITDA margin to 29%, as we make progress over time toward the 50%-plus levels we see from incumbents. And looking at Q4, we delivered $0.03 of positive GAAP EPS. Aside from the regulatory charges last quarter, Q4 would have been our third straight quarter of positive earnings per share. Q4 was also our sixth straight quarter of positive adjusted EBITDA.\nWe're pleased with our results in 2023 and aim to continue delivering profitable growth in 2024. Let's move to our fourth quarter business results. Assets under custody finished Q4 back over $100 billion for the first time since 2021. We delivered strong Q4 net deposit growth at a 21% annualized rate.\nAnd we're focused on driving net deposits even higher by improving our user experience and value proposition. When we look at historical customer cohorts, we see they have consistently added to their net deposits over time. which we think provides a strong foundation for sustainable long-term asset growth. And newer cohorts are starting with balances one and a half to two times higher, which is even more encouraging.\nWe're also delivering growth in Robinhood Gold. Compared to our average customer, Gold subscribers in Q4 had more than eight times the assets with an average of about $40,000, grew net deposits more than twice as fast, and have adopted our products at higher rates. Gold subscribers are up 25% year over year to 1.42 million. Gold ARPU is multiples of our average customer, which includes Q4 annualized recurring subscription revenue of $85 million.\nThis Gold growth brings our adoption rate up to 6.1%, and we're working to take this even higher as we keep improving the value proposition. We also have strong momentum to start the year, as we added another 60,000 Gold subscribers in January alone. That is nearly three times the monthly average we saw in 2023. Our team is also hard at work on new credit cards for Robinhood customers, starting with something special for Gold customers.\nCurrently, for funded customers with our historical X1 credit card, they have an ARPU of over $300 on credit alone. That's nearly four times our current average. This represents another opportunity for us to diversify our business and introduce new products to our customers who have a median credit score of about 720 and two-thirds of whom are prime or prime plus. We look forward to sharing more about our plans with you soon.\nNow, let's turn to financial results. In the fourth quarter, we generated net income of $30 million as total net revenues increased 1% sequentially to $471 million, and total expenses came in better than our outlook. Looking at Q4 revenues, transaction revenues increased as crypto notional volumes nearly doubled, and other revenues grew as we saw early traction in Sherwood Media and added more Gold subscribers. These increases were partially offset by the anticipated decline in net interest revenues from lower sec lending demand across the industry.\nI'd also note that our monthly metrics now include total sec lending revenues, so investors have even more visibility into the drivers of our net interest revenues through the quarter. Looking at fourth quarter expenses. Adjusted opex was $364 million, performing better than our outlook even while we increased our growth investments. And for share-based compensation, it was $81 million, in line with our outlook.\nThis combination drove Q4 adjusted EBITDA of $133 million, up 62% from a year ago. Now, let's move to our 2024 outlook. We aim to deliver another year of revenue growth and margin expansion. Looking at revenues.\nWith the current macro backdrop, we're finding for strong growth in 2024, driven by continued 20-plus percent net deposit growth, increasing Gold adoption, double-digit gains and trading market share, exciting new product introductions, and our diversified revenue model. And the year is off to a great start. January net deposits were nearly $4 billion, of which about one-third was net positive transfers in from other brokers. That January result was the highest monthly total since the first half of 2021, and we're seeing continued strength in early February.\nLooking at expenses. We plan to continue investing across new products, features, marketing, and international while getting more efficient in our existing businesses and managing head count growth all into low single digits. Our 2024 outlook for combined adjusted opex and share-based compensation is $1.85 billion to $1.95 billion, which is up 5% at the midpoint from last year's $1.81 billion, excluding the Founders Award Cancellation. This range includes about $85 million of quarterly share-based compensation similar to our run rate for the back half of 2023.\nAs for timing, we anticipate Q1 will likely be in the upper half of our implied range as we lean into marketing investments to start the year. We also continue to closely manage our share count. In 2023, diluted share count decreased nearly 5% due to the purchase of 55 million shares in Q3. And in 2024, we expect to manage dilution to 2% or less.\nWe believe this plan positions us to drive profitable growth again in 2024 as we grow revenues and expand margins. We'll have to see how the year plays out, but so far, we like the growth we're driving to start the year. I also wanted to share some perspective on the interest rate backdrop in 2024. First, when we look at the forward curve, the implied average Fed funds rate in 2024 is roughly the same as it was in 2023, making rates a fairly neutral input for revenue year over year.\nSecond, of our $30 billion-plus of interest-earning assets, less than half of that is rate sensitive because we pass the vast majority of cash sweep interest onto our customers. So, as rates move, we do not anticipate a significant change in the yield we earn on cash sweeps. And third and most importantly, declining interest rates tend to support growth in assets, balances, and trading. So, we think 2024 is the year when we'll see interest rates shift from being a headwind for our business growth into a tailwind.\nIn closing, we had a strong Q4 and 2023, and we have a lot of momentum to start the year. We remain focused on driving profitable growth for shareholders, as we work to maximize EPS and free cash flow per share in 2024 and the years to come. Now, I'll turn the call back to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Jason. As we enter the year, I want to highlight some of the areas we're most excited about to drive growth in 2024 and beyond. First, for winning the active trader market, we're going to continue to invest in our user experience on mobile, where we're currently No. 1 in market share.\nIn addition, we will be launching a more feature-rich professional offering on the web for active traders, and we're also working on expanding our selection of tradable assets, in particular, with index options and futures coming later this year. Second, to grow wallet share, we're focused on increasing Gold memberships and net deposits. We plan to keep investing to make Robinhood Gold even more valuable for our customers and build off the early success of our retirement offering. At the same time, we also plan to launch new products like credit cards and add new account types such as joint accounts.\nAnd third, for international expansion, after launching crypto in the EU and brokerage in the U.K., we have tens of thousands of international customers so far. What we're hearing from customers is that they want more of the full Robinhood product suite, so we're working to build that for them. We're also pursuing opportunities to expand into more jurisdictions. Reflecting on the past four years, we've tripled our customer base and grown revenues nearly seven times.\nAnd when we look at all that's in front of us, we're excited by the opportunity to continue growing Robinhood significantly from here. And we have a ton of momentum to start 2024. I want to thank our customers and team for a great 2023. The team has been working incredibly hard.\nThe road map is full. There's so much to do. Now, let's move on to questions.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nThank you, Vlad. For the Q&A session, we'll start by answering the top five shareholder questions from Say Technologies, ranked by number of votes. We have several questions that were already addressed on this call or in prior quarters and grouped together questions that share a common theme. After the Say questions, we'll turn to live questions from our analysts.\nSo, I'll kick it off with a first question from Say. This one is for Jason. Your stock price is down 70% since the IPO. What do you have in place to get your stock price back up? Is a dividend in the works to at least provide some return on investment?\nJason Warnick--Chief Financial Officer\nThanks for the question. We're hard at work on the inputs to driving value for shareholders. In 2023, we increased revenue by over $500 million and grew adjusted EBITDA even faster. And we're focused on driving revenues and profits higher in 2024.\nOver time, as we deliver on these inputs to the business, I think the stock price should follow. As for capital returns to shareholders, last year we bought back about 6% of our shares, and we'll continue to look for ways especially efficient ways to deploy our capital, including investments in growth, M&A to accelerate our road map, or returns of capital to shareholders over time. But right now, to your question, we don't have any plans for dividends.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jason. The next question is for Vlad. Vlad, what will it take to get Robinhood to the next level to start competing with Fidelity and the rest of the most common brokers?\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks for the question. So, for starters, I think Robinhood is already competing with Fidelity and the rest of the common brokers. If you look at active traders, we've been growing trading market share by double-digits. So, that's not just volume and market share.\nWe won head-to-head net asset transfers from all the other major brokerages in Q4, and that includes Fidelity. So, that means that more assets actually flowed from Fidelity to Robinhood in Q4 than the other way around. And so, to take it to the next level, we're really excited about our strategy. We think there is so much more to do for active traders.\nThe road map is full and that includes investments across a slew of areas. One, making sure that the user experience remains best-in-class and continuing to invest there. Adding new product innovations that our competitors don't offer such as 24 Hour Market. New asset classes like futures which are active traders have been really excited about and asking for.\nAnd new account types and more of the table stakes features that, we just still have to get to. So, there's a lot to do, and I should also mention, not a lot of the brokers have adopted new technologies like crypto. And that's an area where we're continuing to invest. And I see us extending our lead throughout 2024 and beyond.\nIncreasing wallet share, we've talked a little bit about the success we're seeing in driving net account transfers from other brokers. We think that there's a lot of headroom. There is a lot of improvements in our passive offerings like retirement, the road map there is full and we're very excited about the credit card. In international, we did launch in the U.K.\nfor brokerage, crypto for EU. That expands the addressable market quite dramatically. Not a lot of the common brokers even have an international presence to note. And I think over the couple -- over the next few years, we're making significant investments there.\nSo, I think if we're successful executing on our strategy, you could see Robinhood winning by even larger margins going forward.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Vlad. The next question is for Jason. Jason, Robinhood has been profitable, often on.\nDo you see Robinhood joining the S&P 500 by qualifying and being profitable four quarters in a row?\nJason Warnick--Chief Financial Officer\nWe'd love to join the S&P 500 and I think we're focused on the right things to do that, delivering consistent profitability, growing revenues even higher. Remember though, there are only 500 spots on this, and this is a committee decision. So, it's not completely in our control, but we'll keep focused on our business, and over time it would be great to be part of that index.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jason. The next question is for you, Vlad. What kind of progress should we expect from the company in 2024?\nVlad Tenev--Co-Founder and Chief Executive Officer\nSo, I'll break it down into the three areas we're focused on. For winning in the active trader market, there is user experience improvements, new assets like futures and index options. As well, as I mentioned in my remarks earlier today, we've been doing very well on mobile, we're number one in market share there. Frankly on web, we haven't been doing as well and so we're making a big investment there and we're going to be launching a more professional offering geared toward active traders.\nSo, we're very excited about that. And as we continue to execute here, you should be able to track the progress and continued market-share gains across all the assets that we offer including equities, options, and crypto. For increasing wallet share, the credit card is something we're very excited about including a special credit card for Gold customers. There's more to do on Robinhood Gold in general and in retirement.\nAnd we'll also be building and offering new account types like joint accounts. And then you should be able to track progress there by looking at our net deposits and our Gold subscribers. And then expanding internationally, we launched in the EU for crypto and in the U.K. for brokerage.\nReally what we're focused in -- focusing on is delivering more features, making those experiences more feature-rich, and building on the initial U.K. and EU momentum that we've generated. And then what you should see there is an increase in the percentage of our funded customers that come from international markets, as well as new funded customer growth over time.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Vlad. And then, Vlad, this last Say question is also for you. Please offer a yearly realized gain and loss tracker showing short and long-term gains.\nI've asked this in multiple earnings and currently have to track it manually in Excel.\nVlad Tenev--Co-Founder and Chief Executive Officer\nWell, thank you for the feedback, and thanks for continuing to ask. There is an impact you asking because this is something that the team has actually been working toward. We're working hard to make great improvements to our tax law and P&L tracking this year and we hope you will like them. So, stay tuned.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAlright. Thank you, Vlad. That concludes our shareholder questions from Say Technologies. We appreciate our shareholders taking time to ask these questions to Vlad and Jason and look forward to more next quarter.\nNow, I will return the call over to Jonathan to lead Q&A from our analysts.\nOperator\nCertainly. Thank you. One moment for our first question. And our first question for today comes from the line of Dan Dolev from Mizuho.\nYour question, please.\nDan Dolev--Mizuho Securities -- Analyst\nHey, good evening. Amazing results. Congratulations team. Really good, making me proud.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThank you, Dan.\nDan Dolev--Mizuho Securities -- Analyst\nOf course, yes. So, I was actually really, really impressed by your comment, Vlad, about the $1.3 billion of net positive brokerage account transfer. To me, it looks like you're gaining massive share. I know in the past, other brokers have said that they're taking share away from you.\nIt looks like the tide is turning, like what are you seeing now?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. I mean, we've been investing a lot in the user experience, we've been investing in the service. The product results speak for themselves. In Q4, we were net positive.\nSo, positive on a net basis for account transfers from every one of our major competitors. And these are big accounts coming in. So, what's really amazing is, I think the new functionality that we've been operating, and the service quality improvements have led to people being comfortable, moving in hundreds of thousands of dollars into Robinhood, which people wouldn't really talk about as much, but now it's becoming a destination for people's serious money. We're going to continue to double down on that.\nAgain I want to emphasize, we're not getting complacent. There is a ton of work that remains to be done and to be able to deliver these types of results and see customers coming to us from all of our major competitors in Q4. And from what we've announced so far in Q1 has just been a really positive and it's taken a ton of work from the team to both improve the product and service and get to where that's happening.\nDan Dolev--Mizuho Securities -- Analyst\nAmazing stuff. Can I squeeze in another quick question? I know it's early days, but how -- can you talk a little bit about progress in terms of accounts and traction you're getting in the U.K. because this is -- I think a huge opportunity for Robinhood, so I just wanted to see how those tractions has been going? And congrats again.\nVlad Tenev--Co-Founder and Chief Executive Officer\nAll right. Yeah, no, we're very excited about that. A big part of our strategy is making Robinhood available to hundreds of millions of additional customers. And so, I think we've talked about tens of thousands of customers in the EU and the U.K.\nalready. The U.K. is still rolling out. So, we're working toward the app being generally available to any customer in the coming months.\nAnd we know we've got a lot of work to do. There is a lot of features that exist in the U.S., that our customers expect in these markets. And especially on the crypto side, there is going to be things that we can deliver in those markets that are not available in the U.S. So, the road map is full, and both the teams have been grinding exceptionally hard to improve the product at a very fast clip there.\nDan Dolev--Mizuho Securities -- Analyst\nThank you.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Devin Ryan from JMP Securities. Your question, please.\nDevin Ryan--JMP Securities -- Analyst\nGreat. Thanks so much. Hi, Vlad. Hi, Jason.\nHow are you?\nVlad Tenev--Co-Founder and Chief Executive Officer\nI'm great.\nJason Warnick--Chief Financial Officer\nHey, Devin.\nDevin Ryan--JMP Securities -- Analyst\nA question just on kind of interest rates in trading and appreciate kind of the inverse correlation that you talked about, obviously, sitting here today with materially higher customer cash balances. And as you mentioned you're passing along the majority of that benefit the clients. So, if rates eventually do start to move lower, how are you guys thinking about the magnitude that could move back into the market from kind of those cash balances? And then just what the implications are on ARPU? Is that a net positive to ARPU or how should we think about the interplay to revenues?\nJason Warnick--Chief Financial Officer\nYeah, Devin. This is Jason. When we've looked at kind of the movement of trading activity, relative to interest rates moving up and down, we've seen a pretty strong inverse correlation there. And so, we feel really good that we've got a nice natural hedge in the business between interest rates falling and interest in trading picking up.\nAnd so, in my in my comments, I talked a bit about the passing along a big portion of the interest rates to customers on Gold suite. Looking at the average interest rates expected for '24 being roughly in line with '23, so we feel really good about that. And then as I mentioned kind of, most importantly, we think that falling interest rates create a tailwind for the business. So, overall, we feel really good about delivering strong revenue growth in this current macro-environment.\nDevin Ryan--JMP Securities -- Analyst\nOK. Terrific. And then just a follow-up here just on expenses, obviously, I think the expense guide, 5% at the midpoint is very good. And you guys sound confident you can still fund all your growth initiatives.\nSo, how do you guys think about maybe core growth and expenses over the intermediate term, maybe next three to five years? I would assume that it would be higher than that 5%. Maybe just walk us through some of the moving parts there. And then just the second part of the question is, just thoughts on leaning in more on marketing spend. I mean, you had a fantastic quarter.\nIt sounds like you're having a lot of success with these promotions. And I'm just curious if maybe makes sense to even lean in more there because it would seem to pay off. It's very good with all the momentum you have there. Thank you.\nJason Warnick--Chief Financial Officer\nGreat question. So, first of all, when we look at core expense growth this year, we actually have a plan to take that down high-single-digits, perhaps even 10%, and redirecting that spend to fund new growth initiatives. And then kind of looking out over the mid to longer-term, in terms of core growth, we think that could be low-single digits, perhaps even lower. There is still a lot of opportunity for us to drive efficiency in this business and we think we can maintain our core business and redirect the savings into growth initiatives over time.\nOn your question about leaning more into marketing, you're on the same page as the management team. That is the plan this year and we are planning to spend up to about $100 million more in marketing in 2024, which is baked into this guidance. The team is really focused on bringing in high LTV customers with that spend and where we're liking kind of the early signals that we're seeing and so we want to lean in more there.\nDevin Ryan--JMP Securities -- Analyst\nOK, that's really great color. Thank you, guys. Appreciate it.\nJason Warnick--Chief Financial Officer\nThanks, Devin.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Alex Markgraf from KBCM. Your question, please.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nHey team. Thanks for taking my question. Just wanted to come back to the account transfer and some of the disclosure around the 1% bonus offering. Just wanted to understand how the average balance transfer, I think it was $100,000 kind of stacked up against your expectations for that campaign.\nAnd then, Vlad, with some of your comments earlier, I mean, is that directionally kind of the new normal in some of these transfer campaigns or how should we think about that?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. So, I would just say looking back, over the past 10 years, we've taken market share of the trading activity. Now, we're coming for the assets too. So, our focus is increasingly going to be on driving asset growth.\nWe just completed the 1% promo for ACATS in taxable brokerage accounts. We saw over $3 billion in ACATS in from that. And now we're turning our focus on the 3% retirement promotion on rollovers and transfers for retirement accounts that runs through tax season. On average, as you pointed out, the customer is transferring assets over a much larger than kind of the average account size.\nAnd we're really excited about the momentum that's giving us to start the year.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nAnd maybe if I could just squeeze in one more. Any sort of color or observations you could share with us, the interplay between some of the spot, Bitcoin ETFs that were made available in the early part of the year as opposed to direct Bitcoin ownership?\nJason Warnick--Chief Financial Officer\nHey, Alex, this is Jason. I'll go ahead and take that. So, we're really pleased to be offering all 11 of the Bitcoin ETFs on the first day of trading, I think that was a great outcome for customers. So, far we're seeing nice interest in the ETFs, but we think it's additive.\nAbout 5% of our overall trading in crypto is through the ETF, with 95% still being on spot trading through the crypto business, and that's stabilized. So, we feel really good to offer the selection for customers. We think it increases overall market interest in crypto and also brings liquidity to the market. So, net-net, we're really pleased with the Bitcoin ETFs.\nAlex Markgraf--KeyBanc Capital Markets -- Analyst\nGreat. Thanks for all the detail.\nJason Warnick--Chief Financial Officer\nYou bet.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Will Nance from Goldman Sachs. Your question, please.\nWill Nance--Goldman Sachs -- Analyst\nHey, guys. I appreciate you taking the question.\nVlad Tenev--Co-Founder and Chief Executive Officer\nHey, Will.\nWill Nance--Goldman Sachs -- Analyst\nYes. Well, I know in the prepared remarks, we're talking about, continued revenue growth and margin expansion for the year. And it sounds like that's the assumption is, it's probably coming on the revenue side more from the trading side than from NII, given the commentary around rates sort of being a push. So, correct me if I'm wrong there, if you -- if there's like an assumption around better earning asset growth.\nBut I guess my thought -- my question would be, in the earlier response to one of the questions, it sounds like there's actually a lot more growth-related investments happening underneath the surface in this expense guide, and you guys are funding that with continued operational efficiencies and doing what you guys have done an amazing job over the past two years of doing and rightsizing the expense base. So, just -- maybe can you talk about sort of how much of that growth-related investments is sort of discretionary? And if we do see some kind of reduction in either near-term trading activity? I know we saw a very nice increase and it seems like both options and crypto toward the end of the year. How -- what kind of flex is there in those growth-related investments?\nJason Warnick--Chief Financial Officer\nYeah. I mean, I think marketing is almost always considered a discretionary spend. And so, as I mentioned in my earlier response that we're leaning into marketing, that is always up to reevaluation, up or down, depending on the macro backdrop, how that changes, and also how effective the marketing spend is. And so, we'll continue to see how that plays out.\nand update as we go. In terms of the cost savings that we're realizing in our core business, I said high single digits to perhaps even 10% of cost reduction there. And we're redeploying that into new areas of our business, areas that Vlad was highlighting earlier. New growth is certainly discretionary.\nI'd say that we've decided, though, that we're pursuing these growth opportunities. And so, I wouldn't expect us to pull back there certainly in 2024. And Will, you did say rates are a push, and I agree with that. I would say that we also continue to see strong kind of double-digit growth in net deposits.\nAnd so, assets continue to improve year over year, and we're certainly starting with a higher balance at the beginning of '24 than what we saw in '23.\nWill Nance--Goldman Sachs -- Analyst\nYeah. All that makes sense. And then just questions around -- your thought process around the European expansion over the course of this year. what does that play into expectations, if any? And what's the latest thinking on when this could be a more meaningful part of the story over time? Thanks for taking the questions.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, I'll take that one. While it's still early, we really like the initial traction we're seeing. We're already seeing a healthy portion of our user growth coming from outside of the U.S. And our focus now is really rounding out the product suite, bringing more services to customers across the globe.\nWe think there's a huge opportunity for international to become a big part of our business.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Steven Chubak from Wolfe Research. Your question, please.\nMichael Anagnostakis--Wolfe Research -- Analyst\nHey, good afternoon. This is Michael Anagnostakis filling in for Stephen. I just wanted to --\nVlad Tenev--Co-Founder and Chief Executive Officer\nMichael.\nMichael Anagnostakis--Wolfe Research -- Analyst\nHey, Vlad. How are you doing? So good to hear. I just want to touch on sec lend here. Could you give us an update on where you are in the journey for the fully paid program, how much incremental penetration you think you can drive? And given the uptick has been obscured by what's a challenging backdrop, can you remind investors what you think that business can deliver from a revenue perspective in a more normal environment? Thanks.\nJason Warnick--Chief Financial Officer\nYeah. Thanks, Michael, for the question. We're really pleased with the progress that we're making on the inputs of the securities lending business, particularly fully paid securities lending equities enrolled in the program increased from Q3 to Q4 from $10 billion to $14 billion. So, really, really pleased with that, added 500,000 customers into the program a sequential quarter basis.\nI still think that there's quite a bit of headroom for us to continue to penetrate and get securities lending fully paid into the hands of our customers. It's a great way to augment yield, as we all know, and the team is hard at work to make sure customers understand that. I think that's showing up in the progress that we're making. At the at the moment, the rebate rates that we're seeing are lower across the industry.\nBut over time, I think as that normalizes a bit, the progress that we're making on inputs is really going to show through from a revenue basis.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, we think we still have room to run, and we could make meaningful progress toward heightened penetration this year.\nMichael Anagnostakis--Wolfe Research -- Analyst\nGot it. Thank you. And then I guess my follow-up, I wanted to briefly hit on expenses again, maybe in a different vein. Now, that the headcount reductions are largely in the rearview, how should we be thinking about the direction of travel for expense per head given the scalability of Robinhood coupled with the investments you're making, particularly international, where I imagine that may drive some incremental headcount growth? Thanks.\nJason Warnick--Chief Financial Officer\nYeah. So, the plan on head count is to be roughly flat to slightly up this year. So, we feel really good about the head count posture that we have. In terms of the expense per head, there does continue to be opportunity for us to get even more efficient.\nToday, the vast majority of our of our head count is in higher-cost U.S. geographies, and there's opportunity there over time. I think the real opportunity for us on head count is really just increasing revenue per employee. And there, we feel like we're just getting started.\nThere's a lot of opportunity for us to leverage the fixed-cost infrastructure that we have at the company as we grow the business over time.\nMichael Anagnostakis--Wolfe Research -- Analyst\nGreat. Thanks for taking my questions.\nJason Warnick--Chief Financial Officer\nYou bet.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Michael Cyprys from Morgan Stanley. Your question, please.\nMichael Cyprys--Morgan Stanley -- Analyst\nHey, good evening, and thanks for taking the question. Wanted to ask about crypto, an area you guys continue to invest in. I was hoping you could elaborate on the investments you're looking to make here in '24 and beyond, as well as how you envision crypto contributing to your business as you look out over the next three to five years.\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah. I mean, we're investing a larger amount into crypto, both in the EU and domestically. I think there is a ton of improvements left to make. Last year we were really focusing on the trader experience and providing clarity, which we believe we've made significant progress on, in just how much better our pricing is than that of our competitors.\nAnd we've seen that reflected in crypto trading market share. We've also seen, and you probably caught this announcement just in the past couple of days, our on-ramp technology of Robinhood Connect. We've been making meaningful progress there. And so, if you think about all that we have to be really, really good at to power our retail crypto offering, we've gotten really good at quick money movements, getting your fiat dollars into crypto, as seamlessly as possible through building out our transfers products.\nDelivering those funds into non-custodial wallets seamlessly. And so, Robinhood Connect really leverages that and turns that into a powerful B2B product. We announced a partnership with MetaMask a couple of days ago, and that's been one of the market leaders in non-custodial wallets. And they do a really nice thing where you can actually compare the use of different on-ramps, and they sort it by which one is the most cost-effective.\nAnd when you kind of look on that page, you see Robinhood at the top. So, I think it really shows the investments that we've made in our platform, and it's reflected in us being able to offer lower cost, not just for our consumers, but for business partners as well. And I think you'll see us chipping away at this bit by bit. We think we can be the leading player in bridging the worlds of traditional finance and crypto.\nSo, there's a lot more where that came from.\nMichael Cyprys--Morgan Stanley -- Analyst\nGreat. Just a follow-up question if I could. On the expense side, you guys continue to drive efficiency in the business. I heard you mentioned you can reduce underlying costs in '24 by up to 10% or so, understanding you took to reinvest that elsewhere.\nAnd over the medium term, you could potentially look to grow expenses at a low-single-digit pace. I was hoping you could maybe elaborate on the top contributors to that level of efficiency, the specific steps you're taking here in '24, and how those may -- those steps may differ as you look out over the medium-term to hit those particular targets if you want.\nJason Warnick--Chief Financial Officer\nYeah. Sure. I mean, we've been really kind of fine-tuning our skills over the last couple of years in terms of efficiency. We are focused on business process efficiency using technology.\nWe have a team that we have spun up that helps the business, find opportunities to improve efficiency. One project we just finished was on recruiting. And we think we can save 20% to 40% of our time just on the recruiting process from optimizing our business steps that are involved. As I mentioned earlier, I think there is opportunity for us over time in terms of place of work, with the vast majority of our employees working in high-cost locations within the U.S.\nThat's something that we can make progress on in '24, as well as beyond. So, those are the big levers that I'd point to.\nMichael Cyprys--Morgan Stanley -- Analyst\nGreat. Thank you.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of John Todaro from Needham and Company. Your question, please.\nJohn Todaro--Needham and Company -- Analyst\nGreat. Thanks for taking my question, and congrats on the beats. I guess I have two here, both on the crypto components. The Bitcoin ETF versus buying Bitcoin directly on the platform, you had mentioned earlier about 5% of overall crypto you thought was flowing into the ETF.\nSo, was that 5% that migrated away from buying Bitcoin directly, or was that an additive 5%?\nJason Warnick--Chief Financial Officer\nYeah. We saw it was mostly additive. There were some traders that sold out a spot and got to ETF, but that was really more of the exception. And we also offer the ETFs in our retirement accounts, which accounted for some of the pickup as well.\nSo, overall, we don't view this as cannibalization. It's additive and we think it's really good for customers as well.\nJohn Todaro--Needham and Company -- Analyst\nGreat. Thanks for that. And then just one more on the MetaMask integration. I think that's really interesting.\nIt does kind of pivot Robinhood to be more of that fiat onramp to the ecosystem defi on chain stuff. Just curious though, what is kind of the monetization strategy with that integration, short term and then longer term?\nVlad Tenev--Co-Founder and Chief Executive Officer\nYeah, so we collect fees on the activity of the on-ramp, so that's the primary source of monetization. And then any trading on our platform for that on-ramp also would show up in our transaction-based revenues.\nJohn Todaro--Needham and Company -- Analyst\nGot it. Understood. Thanks.\nOperator\nThank you. One moment for our next question. And our next question comes from the line of Patrick Moley from Piper Sandler. Your question, please.\nPatrick Moley--Piper Sandler -- Analyst\nYeah, thanks for taking the question. I just had one on Robinhood Gold. Just hoping you could update us kind of on how you think about pricing there. With the expanded offerings that you're adding, $5 a month seems like somewhat of an inexpensive price to pay.\nSo, just hoping you could update us on your thoughts there. And then maybe as we look internationally, how you sort of think about taking the subscription model overseas and how you see that playing out with a different kind of geographic customer mix. Thanks.\nJason Warnick--Chief Financial Officer\nYeah, this is Jason, I'll start and we'll see if that has any additional color. We love the Gold program, Gold members have an ARPU that's multiples of our average ARPU. And you're right, the $5 a month it's just a screaming deal. We want it to be obvious for every customer that they should be a Gold subscriber.\nSo, we'r Last 60 Days of Bitcoin's Closing Prices: [42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-14 Financial & Commodity Data: - Gold Closing Price: $1990.30 - Crude Oil Closing Price: $76.64 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $997,253,012,388 - Hash Rate: 521699388.4990767 - Transaction Count: 296717.0 - Unique Addresses: 586548.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After approval from the Securities Exchange Commission, and their subsequent launch on Jan. 11, spot bitcoin ETFs fell 15% over their first nine trading days, as measured by theiShares Bitcoin Trust ETF (IBIT). Through Jan. 29, IBIT’s price was more than 10% higher than its post-launch low. Will IBIT and the other new spot bitcoin exchange-traded funds continue their march higher? Bitcoin’s price isn’t known for moving in a straight line, but there are multiple factors that support higher prices for BTC in 2024, lifting the ETFs that track it. A contributing factor to the post-launch decline in the value of spot bitcoin ETFs was the heavy outflows from theGrayscale Bitcoin Trust (GBTC). While outflows are still occurring for GBTC, they’ve slowed significantly, and in response, the price of spot bitcoin ETFs like IBIT have risen more than 10%. Through Jan. 26, total outflows from GBTC reached $5 billion, most of which was profit-taking after its conversion to a spot bitcoin ETF following years of trading as a closed-end fund at a discount to net asset value. Investors aiming for an arbitrage trade bought GBTC at steep discounts last year expecting to profit by selling at par after the fund converted to a spot bitcoin ETF. The largest known example of GBTC outflows came from the FTX estate, which sold approximately $1 billion of GBTC shares to pay its creditors. The crypto exchange giant filed for Chapter 11 bankruptcy protection in November 2022 amid balance sheet irregularities that eventually led to the conviction of its CEO,Sam Bankman-Fried, for defrauding customers. Bitcoin, the best known and largest cryptocurrency by market capitalization, has historically performed well after each halving (also called a halvening). If you’re new to crypto,bitcoin halvingsin the Bitcoin network occur every four years. The halving process is designed to control the supply of new bitcoins and gradually reduce the rate at which new coins are introduced into circulation. Bitcoin’s history has included three halvings, which have all spurred a similar pattern of substantial rallies leading up to the event followed by brief price corrections and then more significant surges. For example, bitcoin rose above $1,000 for the first time about seven months after the 2016 halving from 25 to 12.5 bitcoin, and hit an all-time high above $69,000 after the 2020 halving to 6.25 bitcoin, according to CoinGecko, a crypto data platform. What’s important for investors to remember is that price volatility is to be expected leading up to and following the halving event. Technical indicators point to higher prices for bitcoin in the months ahead. Bitcoin's price is primarily driven by supply and demand in the cryptocurrency market, and not traditional valuation metrics like P/E ratio, making technical analysis useful to visualize historical price movements and identify potential support and resistance levels. For example, 10x Research’s Founder Markus Thielen, whocorrectly predictedbitcoin’s decline to $38,000,correctly forecastin a note Monday that BTC would reach $43,000, which was crossed this week. Thielen’s bullish view is based on the Elliot Wave theory, in which the market moves in a repeating five-wave patterns, like surfing an ocean swell, with corrections in between. According to Thielen, bitcoin has been in a five-wave bullish pattern since early last year, and wave five has begun, potentially taking BTC’s price above $50,000. Google recentlyannouncedthat advertisers offering “Cryptocurrency Coin Trust targeting the United States may advertise those products and services” beginning last Monday. In the announcement, Google further defined the products and services as those “that allow investors to trade shares in trusts holding large pools of digital currency,” which would include spot bitcoin ETFs. While the ability to advertise a spot bitcoin ETF on Google does not automatically ensure that the new spot funds will rise in value, it does underscore the legitimacy of the investment product and will certainly raise its awareness to the mainstream public. Bitcoin whales are individuals or entities holding massive amounts of bitcoin, giving them the potential to significantly influence the market through their buying and selling activities. These large investors haveaccumulated $3 billionin bitcoin this month, according to data tracked by on-chain analytics firmIntoTheBlock. With the SEC approving11 spot bitcoin ETFsin January 2024, it opened a significant new avenue for investor access to bitcoin with a familiar, regulated ETF structure. This could lead to a rise in institutional and retail investment, increasing demand and prices. Other factors, including the highly anticipated halving, could also support higher prices for the cryptocurrency. Investors should remember that bitcoin is a speculative investment security with high potential for wide price swings. Therefore, diversification is crucial, and investors are encouraged to conduct thorough research and assess their risk tolerance before investing in any ETF. If an investor decides to buy shares, they should consider allocating only a portion of their portfolio to a spot bitcoin ETF. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On Valentine\'s Day, investors expressed their love for all things crypto by trading up -- substantially, in numerous cases -- the prices of digital coins and tokens, plus the securities of companies associated with digital money.\nLeading altcoinEthereum(CRYPTO: ETH)was a beneficiary, as it was sailing 5.4% higher in late afternoon trading. While that gain was impressive, it didn\'t hold a candle to crypto mining equipment specialistCanaan(NASDAQ: CAN), whose American Depositary Receipts (ADRs) closed the day almost 32% higher. Behind Canaan, minerTeraWulf(NASDAQ: WULF)rose by more than 12%.\nBitcoin(CRYPTO: BTC)is the world\'s first cryptocurrency, and a decade-and-a-half after its introduction it\'s still by far the most influential one. When it does well, more often than not other coins and tokens, plus cryptocurrency mining companies, tend to fall in lockstep.\nHappily for holders of those assets,Bitcoinwas quite the standout on Wednesday. After a bit of a slump Tuesday it again leapt the $50,000 mark, settling comfortably at just shy of $52,000 late in the day. The stream of investment intospot Bitcoin exchange-traded funds (ETFs)has shown no sign of ebbing, and what\'s good for those securities is grand for their foundational asset.\nOther factors are keeping the buy fire burning. Wednesday morning, online crypto news outlet Coindesk.com reported that European Union (E.U.) officials had drafted and circulated a document on an upcoming meeting of the E.U.\'s financial services committee. This event, scheduled to take place in April, will concern cryptocurrency regulation in the 27-country economic bloc.\nAccording to Coindesk, the paper outlines discussion points for the meeting. These include topics such as licensing and the implementation of the recently enacted Markets in Crypto Assets set of laws. Most intriguingly, there is mention of a digital euro; presumably this would be the "official" E.U.-wide cryptocurrency.\nThe E.U. document is only the latest in a string of indications that top regulators around the world are not only taking cryptos seriously, they are also accepting that these assets are part of the fabric of their economies. As these assets become more accepted and entrenched, we can also see markets like Europe adopting the latest crypto innovations.\nWhich leads to a question: Are spot crypto ETFs about to start being developed overseas too?\nI think it\'s more than likely. There\'s a curiosity and hunger for crypto around the world, yet a major stumbling block remains the software and tech know-how required to simply transact in coins and tokens. At a stroke, spot ETFs remove this requirement, as they are securities easily traded on exchanges. We are only at the beginning of the spot crypto ETF revolution.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Altcoins and Crypto Mining Stocks Were on Fire Todaywas originally published by The Motley Fool', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, Feb 15 (Reuters) - Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, with the IT index surging more than 2%. Taiwan stocks spiked 2.6% higher, with chipmaker TSMC up nearly 8%.\nHong Kong\'s Hang Seng Index eased 0.67% in early trading. China\'s markets are closed for the week due to the Lunar New Year holidays.\nOn Wednesday, Wall Street ended sharply higher as ride-hailing platforms Lyft and Uber rallied, while Nvidia displaced Alphabet as the U.S. stock market\'s third-most valuable company.\nJapan\'s Nikkei remains on the charge and rose in early trading to 38,127, its highest since January 1990 and was inching closer to surpass its record high.\nThe yen edged higher but traded near the psychologically important 150 per dollar level. The yen was last at 150.26 per dollar.\nThe 150 level on the pair has been seen in the past as a potential catalyst for intervention by Japanese monetary authorities. It was just past this level that led them to intervene to shore up the yen in late 2022.\nData on Thursday showed Japan\'s economy slipped into recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, raising uncertainty about the central bank\'s plans to exit its ultra-easy policy this year.\nThe market\'s expectations for a March/April rate hike will likely die down, according to ING economists, who maintained their Bank of Japan call for a June rate hike but with the growing possibility of delay to the third quarter of 2024.\n"Inflation is also slowly easing, which, combined with another year of solid wage growth means that private consumption is likely to rebound. If so, we continue to believe that the BOJ will deliver its first rate hike in June."\nFED PATH\nInvestor expectations of early and deep interest rate cuts by the Fed have been besieged by a slew of data that has underscored the resiliency of the U.S. economy and labour market, with data this week showing persistent inflation.\nData on Tuesday showed consumer prices rose more than expected as rental housing costs jumped.\nTraders are now pricing in an 82% chance of a cut in June, the CME FedWatch tool showed, further pushing back the starting point of the U.S. central bank\'s easing cycle. Markets at the end of 2023 had priced in rate cuts starting as early as March.\nWhile the timing of the first-rate cut may have been postponed, the disinflation trend has not been altered by one month\'s data, Saxo strategists said in a note.\nThe Fed\'s path back to its 2% inflation target rate would still be on track even if price increases run a bit hotter-than-expected over the next few months, Chicago Fed President Austan Goolsbee said on Wednesday, adding that the central bank should be wary of waiting too long before it cuts interest rates.\nThat sent Treasury yields lower, with the yield on 10-year Treasury notes slipping 3.5 basis points to 4.232% in Asian hours.\nThe dollar index, which measures the U.S. currency against six rivals, eased 0.01% to 104.67 but remained near its three-month high of 104.97\nBitcoin rose to its highest since December 2021 and was last at $52,020, with the total value invested in bitcoin surpassing $1 trillion on Wednesday for the first time since November 2021 on strong inflows.\nU.S. crude fell 0.47% to $76.28 per barrel and Brent was at $81.26, down 0.42%.\n(Reporting by Ankur Banerjee; Editing by Jacqueline Wong)', 'Adam Minick; Investor Contact; CME Group Inc.\nDerek Sammann; Senior MD and Global Head of Commodities, Options Products & International Markets; CME Group Inc.\nJulie Winkler; Senior MD & Chief Commercial Officer; CME Group Inc.\nLynne Fitzpatrick; CFO; CME Group Inc.\nSunil Cutinho; Chief Information Officer; CME Group Inc.\nSuzanne Sprague; Senior MD and Global Head of Clearing & Post-Trade Services; CME Group Inc.\nTerrence A. Duffy; Chairman & CEO; CME Group Inc.\nTim McCourt; Senior MD and Global Head of Financial & OTC Products; CME Group Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nAlexander Kramm; Executive Director and Equity Research Analyst of Exchanges, Ebrokers; UBS Investment Bank, Research Division\nBenjamin Elliot Budish; Research Analyst; Barclays Bank PLC, Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nChristopher John Allen; MD; Citigroup Inc., Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nKyle Kenneth Voigt; MD; Keefe, Bruyette, & Woods, Inc., Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nOwen Lau; Associate; Oppenheimer & Co. Inc., Research Division\nSimon Alistair Vaughan Clinch; Research Analyst; Redburn (Europe) Limited, Research Division\nOperator\nGreetings, and welcome to the CME Group Fourth Quarter and Year-End 2023 Earnings Call. (Operator Instructions) I would now like to turn the conference over to Adam Minick. Please go ahead.\nAdam Minick\nGood morning, and I hope you\'re all doing well today. We released our executive commentary earlier today, which provides extensive details on the fourth quarter and full year of 2023, which we will be discussing on this call. I will start with the safe harbor language and then I\'ll turn it over to Terry.Statements made on this call and in the other reference documents on our website that are not historical facts are forward-looking statements. These statements are not guarantees of future performance. They involve risk, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any statement. Detailed information about factors that may affect our performance can be found in the filings with the SEC, which are on our website.Lastly, on the final page of the earnings release, you will see a reconciliation between GAAP and non-GAAP measures.With that, I\'ll turn the call over to Terry.\nTerrence A. Duffy\nThank you, Adam. And as Adam said, thank you all for joining us this morning. I\'m going to start by giving a little color on the broader environment. Following that, Lynne will provide an overview of our financial results and our 2024 guidance. In addition to Lynne, we have other members of our management team here to answer questions after the prepared remarks.2023 was the best year in CME Group\'s history with a record average daily volume of 24.4 million contracts, up 5% from 2022. This growth was led by records in both agriculture and interest rate products, which for the year were up 17% and 16%, respectively. Options average daily volume across all asset classes also set a record with ADV of 5.1 million contracts, up 23% versus last year. Lastly, our non-U.S. average daily volume increased to a record 6.8 million contracts.Last year, I referred to 2023 as a new age of uncertainty, and that uncertainty extended throughout the year. We experienced continued inflation, rising cost of capital, increasing geopolitical tensions and shifting perceptions around the Fed\'s interest rate policy. All of these factors contributed to our customers\' growing need for risk management, capital efficiencies and demand for our products.Following the very strong performance of our business in 2022 and 2023, we have seen the speculation that our interest rate business could face headwinds based on the expectation that the Fed will start to lower interest rates this year.In my 40-plus years in the industry, I have observed that regardless of whether rates are going up or down, our volumes are typically higher during periods when the change of rates is uncertain, as is the case today. I\'ve never seen such a disparity in opinions on what the Fed may or may not do. And I believe that is a tailwind for CME Group and our rates products.I mentioned earlier that our interest rate volume was up 16% in 2023 with 4 Fed rate hikes during the first half of the year, building off record volume levels of 2022. In contrast to the view that a rising rate environment is optimal for our interest rate complex, our volume actually grew and accelerated since the Fed stopped raising rates in July of last year. In the 6 months from August of \'23 to January of \'24, our rates volume is up 24% year-over-year.I would also like to comment on the dynamics in the crude oil marketplace, following the Russian-Ukraine war and other geopolitical factors that influenced the price of energy. WTI, or West Texas Intermediate, has become even more relevant to our customers in Europe and Asia and cemented its position as a primary reference price for crude oil globally. As the primary market for WTI trading, we continue to generate growth and expanded end-user client participation through developing and investing in new contracts, such as CME Group\'s Argus Gulf Coast contract.In a very short period of time, these contracts have generated significant commercial participation with current open interest over 500,000 contracts. As indicated by the open interest, it\'s clear that the commercial participants prefer CME Group\'s Argus Gulf Coast contract. We continue to remain focused on the growth of these contracts, along with creating capital and technological efficiencies in the entire suite of CME Group\'s energy complex. This anchors CME Group as the global leader in West Texas intermediate.Moving into 2024, we continue to see a wide range of views as it relates to the health of the global economy, whether it\'s inflation, unemployment or monetary policy. Also, there are ongoing geopolitical tensions and supply chain disruptions continue in certain parts of the world. Additionally, we\'re approaching political elections in over 60 countries this year. The uncertainty of those elections and the policies that could come from that are basically unknown to all, which only leads to market participants continuing to manage risk.All that being said, 2024 is still very much the age of uncertainty and our products remain critical risk management tools for our clients. We have seen this reflected in our strong start to 2024, where we delivered our highest January average daily volume in our history of 25.2 million contracts, which is up 16% relative to last year.With that being said, I\'m going to turn the call over to Lynne, and we look forward to taking your questions.\nLynne Fitzpatrick\nThanks, Terry. In addition to the volume records Terry discussed, we delivered record financial results in 2023.Our revenue of $5.6 billion grew 11% compared to 2022. Our annual adjusted expenses, excluding license fees, were approximately $1.526 billion, including $56 million related to our cloud migration. In aggregate, our adjusted operating expenses were $9 million below our annual guidance. Our adjusted operating margins for the year expanded to 66.9%, up over 200 basis points from 2022. We delivered $3.4 billion in adjusted net income, resulting in 17% earnings per share growth for the year.During the fourth quarter, CME Group generated more than $1.4 billion in revenue, a 19% increase from Q4 2022 with average daily volume up 17%. Market data revenue grew 9% from last year to $167 million. Expenses were very carefully managed and, on an adjusted basis, were $490 million for the quarter and $393 million, excluding license fees and $16 million in cloud migration costs.CME Group had an adjusted effective tax rate of 21.7%, which resulted in adjusted net income of $865 million. Our adjusted EPS was $2.37, up 23% from the fourth quarter last year and represented our 10th consecutive quarter of double-digit earnings growth. Capital expenditures for the fourth quarter were approximately $23 million and cash at the end of the year was $3.1 billion. CME Group declared over $3.5 billion of dividends during 2023, including the annual variable dividend of $1.9 billion, which was paid in January.Turning to 2024 guidance. We expect total adjusted operating expenses, excluding license fees but including cloud migration expenses, to be approximately $1.585 billion. Total capital expenditures, net of leasehold improvement allowances, are expected to be approximately $85 million and the adjusted effective tax rate should come in between 23% and 24%.Finally, in November, we announced transaction fee adjustments, which became effective February 1. Assuming similar trading patterns as 2023, the fee adjustments would increase futures and options transaction revenue approximately 1.5% to 2%. Taken in aggregate with the fee changes for market data and noncash collateral, which took effect January 1, the fee adjustments would increase total revenue by approximately 2.5% to 3% on similar activity to 2023.In summary, we\'re very proud of the results we were able to deliver as a firm this year, driving 11% revenue growth and 17% adjusted earnings growth from our previous record year of 2022.We\'d now like to open up the call for your questions. Thank you.\nOperator\n(Operator Instructions) Our first question is coming from the line of Dan Fannon with Jefferies.\nDaniel Thomas Fannon\nMaybe, Lynne, just to start on expenses, can you talk about what the areas are for investment in 2024 and how that might be different than what we saw last year, where dollars went last year? And then also just on the Google partnership, can you update us on the progress there and maybe what you are expecting in terms of contribution as we think about 2024 and 2025 from that relationship?\nLynne Fitzpatrick\nOkay, sure. I\'ll start on the investment fee. So if you look at the guidance, we are expecting expenses to increase by $60 million year-over-year. That is inclusive of the migration spend. So of that $60 million, about $15 million is an increase in the migration expense.As a reminder, we do expect to have incremental migration expenses this year and next year before we get to cash breakeven and ultimately cash flow positive. The remaining $45 million in increase is related to core expense growth. And that\'s in the 3% range, very similar to what we\'ve seen historically. In terms of Google, I\'ll let some of my...\nTerrence A. Duffy\nDan, Sunil and Julie will...\nSunil Cutinho\nIn terms of progress on Google migration, we intend on making substantial progress with migrating clearing, business information systems and market regulatory systems to the cloud platform. Some of these regulated workloads are, of course, subject to a no objection approval from regulators. But we intend on making significant progress even on the data side. I\'ll now hand over to my colleague, Julie Winkler, who will talk about data and data products.\nJulie Winkler\nThanks for the question, Dan. And on the client side with Google, we\'ve really been focused on areas that we believe are going to enhance our clients\' abilities to really engage in our market and utilize these offerings. The technology with Google Cloud is something that we\'re able to leverage. And so our -- we\'ve been really focused on where we can enhance our data services business, things like performing the trade execution analytics that we\'ve talked about, which is something very unique in terms of our ability to use proprietary data and benchmarking.And we expect to be rolling that out here in 2024. And also, a lot of interest from our clients around supporting them to help them better manage their risk, and so looking at how we do that both with data and analytics that we are providing with them. So we\'re on track. We\'ve continued to roll out a number of new data services products throughout the year. And as Sunil pointed out, the speed and velocity of which we\'re able to deliver has certainly increased now that our core data is in the cloud.\nOperator\nOur next question is coming from the line of Alex Kramm with UBS.\nAlexander Kramm\nJust wanted to come back to the pricing comments you made at the end of your prepared remarks there, I think 1.5% to 2% on the futures side. I think that\'s kind of back to pre-inflation, a high inflation environment, maybe even on the lower side.So can you maybe just talk about how you thought about the price increases here? It seems like inflation is still somewhat elevated, but then obviously curious if -- to what degree client feedback, competitive dynamics are impacting that, if at all.\nLynne Fitzpatrick\nAlex, thanks. I think we\'ve looked at it in several pieces. One is the clearing and transaction fee, which did increase in the 1.5% to 2% range. But keep in mind, we do think about the different levers of pricing and how they impact different parts of our customer base. So we did increase the collateral fees this year, going from 7 basis points to 10 basis points. And we did increase the market data fees as well.So in aggregate, the total fee change will result in about 2.5% to 3% in total increase in revenue. We want to make sure we\'re taking that balanced approach because different fee changes like the transaction fees will impact certain segments whereas collateral fees will impact different segments. We\'re always looking to balance that impact and make sure we\'re not overly burdening one part of our customer base.\nOperator\nOur next question is coming from the line of Owen Lau with Oppenheimer.\nOwen Lau\nSo CME and DTCC just launched the enhanced cross-margining arrangement. Could you please talk about the initial feedback from your clients? And please remind us the implication to your clients and to CME longer term about this initiative.\nTerrence A. Duffy\nThanks, Owen. and I\'m going to turn it to my colleague, Suzanne Sprague, the President of our clearinghouse and heads up our clearing and risk. And she can give you some fairly good color as it relates to the DTCC arrangement.\nSuzanne Sprague\nYes. Thanks, Terry, and thanks for the question. Although it is early days of the program since the launch just a few weeks ago, we do have eight clearing members that are live with the programs. And some portfolios are already seeing consistent savings of 75% to 80%. So we\'re happy with the uptake of the program that we\'ve seen so far, although it is early days and we continue engaging with those clearing members to increase the onboarding and the efficiencies that they\'re able to achieve through their portfolio savings.\nTerrence A. Duffy\nAnd Owen, I think just to add to what Suzanne said, as you know and others on the line know, over the last year or so, our former colleague that headed up that business, Sean Tully, talked about the efficiencies that would go along with getting us into the offsets with DTCC in the ranges of anywhere from 40% to 80%. And so Suzanne\'s numbers of 75% to 80% are on the high end of what we were originally looking for. So this is a very exciting opportunity for us and, more importantly, our client base.\nOperator\nOur next question is coming from the line of Ken Worthington with JPMorgan.\nKenneth Brooks Worthington\nI wanted to dig further into your comments, Terry, on energy and market share and sort of business shifts in that market. You called out Argus as sort of a preferred crude contract. I was hoping to get more color on crude more broadly and also what you\'re seeing in gas.So for crude, what are you seeing in terms of share and participation? And to what degree is the addition of Midland to the Brent marker altering behavior? And in natural gas, it seems like options and globalization seem to be the story here. I was hoping you could provide some perspective.\nTerrence A. Duffy\nSure, Ken. There\'s a little bit to unpack there. So I\'m going to take part of it. I\'m going to take some of it and ask Mr. Sammann to comment on the gas and the back part of your energy question.But when we talk about our Argus contract, we\'re talking about a contract that is based out of the same region that there\'s a competitive contract trading as well. We\'re just pointing out that our contract is very much attracted by the large commercial participation with a reflection of over 0.5 million open positions compared to others in the same region that have the same risk characterizations as ours. So we think that\'s very much a net positive for us.As far as market share goes, Ken, being around a long time, like unfortunately I said earlier, when you look at markets that are in a 10-month range of less than $10 a barrel in energy, you will see shifts in behavior -- shifts of percentage points here or there going back and forth depending on what\'s going on, on any given day. So that doesn\'t surprise us. We\'ve seen that historically since we acquired the New York Mercantile Exchange.So those are things that I\'m not surprised by in this low-vol environment. So that being said, let me -- that gives you an understanding of what we\'re talking about in the Midland area and also about the percent changes going back and forth in low-vol times. And then I\'ll ask Derek to comment on the gas and on the options as well, I think, was the other part of the question.\nDerek Sammann\nYes. Thank you. Let me take a step back a little bit. And I think important to note that our WTI franchise is bigger than just our CL contracts. So I want to point out a couple of ways that we continue to invest and innovate and grow our overall WTI portfolio in this range-bound and quiet volatility market.Terry mentioned one of those, which is the crude grades contracts. And that\'s a growth story with a significant participation in the commercial end-user base. And that\'s reflective of WTI now being part of the Brent assessment. And that just means that further cements WTI as a global benchmark.Secondly, we continue to expand our WTI options franchise. We added expanded weekly expirations, Mondays and Wednesdays. That\'s driving 35% growth in our crude and refined options business so far this year. Third, we continue to invest in our micro contracts. We have ADV of around 100,000 contracts, 50,000 unique traders in that market. And products overall have been a great entry point for new client acquisition.A lot of these customers have never traded in energy contract before. So we continue to onboard new clients through that. So all these products in our broader WTI portfolio reinforce WTI as the main benchmark globally to contribute stronger to the overall energy franchise growth we\'ve seen into 2024 with overall energy up 21% and our options growth particularly up 87%.Moving it over to natural gas, Ken, you\'re right, that\'s -- it\'s a significant story. And I think when you look at the fact that the U.S. has now become a significant both producer and exporter of natural gas, that really has positioned Henry Hub as a central benchmark globally for LNG as natural gas continues to be consumed globally.When you look at that business over the course of the last year, you\'ve seen significant growth. Globalization, you\'re absolutely right, when you continue to see the growth that we\'ve seen in 2023, we saw our European nat gas volumes up almost 50%. And we\'re seeing that business up almost 100% so far in the first 6 to 7 weeks of 2024.When you look at both the commercial participation, natural gas was up 30% with our commercial participants last year. It\'s up 50% so far this year. And the buy-side clients was up 50% last year and 80% this year. So it\'s a global story. It\'s a story that\'s been adopted by buy-side and commercial participants. And it\'s a global story for us.I think the last piece of that is the central role that options continues to play. In markets as volatile as we have seen in natural gas options, we\'re the optimal tool for the way customers interact with this business. So when you look at our nat gas options business set a record last year of over 150,000 contracts, up over 40%, and the vast proportion of that was onscreen. And 2024 has started extremely strong with almost 300,000 contracts so far and nat gas options up over 100%. So overall, it\'s a globalized story. It\'s one we continue to engage and one that\'s true to our story.\nTerrence A. Duffy\nKen, hopefully, that gives you a little bit of color on the energy markets in the Gulf Coast and other places.\nKenneth Brooks Worthington\nThat was excellent.\nOperator\nNext question is coming from the line of Brian Bedell with Deutsche Bank.\nBrian Bertram Bedell\nIf I could just ask a two-parter, just one on -- a little bit of a clarification on the market data price increase that\'s coming into that 2.5% to 3%. If I back out the collateral increase in 7 to 10, it looks like the market data increase is maybe less than the increase for the RPC. Just wanted to gauge that.And then just secondarily, maybe just if you can talk about the development of incremental trading volume from the DTCC arrangement, just your views on to what extent that capacity increase for the clients will make its way into more trading volume and the rates come off.\nTerrence A. Duffy\nOkay. Thanks, Brian. Lynne will touch on the data as the market data pricing changes that you referenced. And then I\'ll have Tim McCourt and probably myself touch a little bit on the trading volume as it relates to DTCC and the arrangement associated with it. Lynne?\nLynne Fitzpatrick\nYes. So the pricing changes that went into market data were in the range of 3% to 5% across the majority of our data products. The total impact is going to come down to subscriber count, customer and product mix, just like we see on the transaction side. But most of the products went up in that 3% to 5% range.\nTerrence A. Duffy\nDoes that get to your question on the data, Brian?\nBrian Bertram Bedell\nYes, that answers it.\nTerrence A. Duffy\nSo on the trading volume question that you had as it relates to the DTCC arrangement, was that the second part?\nBrian Bertram Bedell\nYes, yes, in terms of the -- your expectations for volume improvement, given the capacity improvement from the client base that\'s trading rate futures.\nTerrence A. Duffy\nYes, we\'re always cautious on expectations, but let me go ahead and have Tim start a little bit with the client base on how they\'re reacting to it. And I think you\'ve got a little bit of a flavor for it on the previous answer that Ms. Sprague gave as it relates to the clients that are using it already, getting the 75% to 80% efficiencies with their margin portfolios. But Tim, let me turn to you for some comments.\nTim McCourt\nThanks, Terry, and thanks, Brian. As Terry said, it\'s very difficult, almost impossible, to forecast the impact on trading volumes going forward. But if we look back over the years, increasing capital savings and delivering capital efficiencies to clients has been a strong tailwind for our business in terms of increasing the ability of our clients to manage risk at CME by unlocking those capital efficiencies.And if we look at an analog perhaps is when we look at the portfolio margin savings on our futures and options complex against the cleared interest rate swap business, that has grown over the last several years to about $7 billion to $8 billion of savings per day. And we\'ve seen commensurate growth in volume NOI.Hard to draw a strict relationship, but tried and true increasing capital efficiencies, increase the ability of our clients to efficiently manage their risk, provide enormous volume benefits in terms of the offsets available. And we\'ll continue to watch it developing, but hard to give an exact number at this point in time.\nTerrence A. Duffy\nAnd Brian, the only thing I would add to that, you have to look at what we talked about earlier today and you see the entire 2023, especially going into the end of Q3 and the beginning of Q4 of \'23. We saw the record open interest in our treasury complex across the curve, which is very encouraging for us. So from our standpoint, owning a cash platform and owning the largest listed business in the world, this is very exciting for us.We\'ve talked all along about futurization of products. You\'re seeing that more and more every single day, the electronification of different products. And with the growth in our rates business going into last year, I think it was just another example that with a record open interest in trade coming into our treasury complex. So from the growth, it\'s hard to say what the growth is coming from or what\'s driving it. But by owning both platforms, we can -- we get the benefits either way. And we saw the benefits really materialize on the futures side in 2023, especially in Q4.\nBrian Bertram Bedell\nThat\'s great perspective.\nOperator\nOur next question is coming from the line of Benjamin Budish with Barclays.\nBenjamin Elliot Budish\nTerry, in your prepared remarks, you talked about expanding end-user client participation. I was wondering if you could expand upon that a little bit, both in the energy complex. And on the rate side, are you seeing sort of more activity from your existing client base? Are you seeing more participation from maybe new institutions that are increasingly engaging in the sort of risk management behavior?\nTerrence A. Duffy\nYes. Thanks, Benjamin. And I\'ll start with the rates just for a minute and my colleagues can jump in if they\'d like, especially Julie Winkler, who\'s in charge of our new client acquisition. But on the rate side, I think a lot of it goes to what I just said on the futurization of the marketplace and people trading more and more futures contracts versus maybe particular other venues.And that\'s an ebb and flow situation. So I\'m not saying it\'s going to continue at the pace it continued in \'23. And I\'m not saying it\'s not either though. So I like the way the trajectory is. And I think a lot of the clients, when you look at what happened with the duration risk through 2023 for a lot of different participants, they are now looking at using the marketplace, which are most deep liquid markets which are ours, to mitigate and manage that risk. So I think we\'re seeing it from them.As you know, the direct clients, we can see, but some of them are coming through our major banks, so we don\'t know exactly who the client is to the person or the entity. But you can definitely see that people are looking at the fundamentals that are going on around the world and using our marketplace to use it. So I think that\'s part of the new clients.On the energy side, I think when you look at the new clients, I think you\'d have to be exceptionally excited by the commercial energy participants that Derek referenced, especially in the Gulf Coast contracts. We\'re looking at close to 80 different commercial participants that are trading in those Argus contracts that we referenced earlier. So that\'s a growth for us on the energy side.So this is all part of it. So we\'re not just looking at retail or other proprietary trading. We\'re looking at true commercial participation, which is a reflection of the health of anyone\'s marketplace. So I think that\'s what\'s really exciting for us as we look at the new clients coming into our marketplace. And I\'ll ask my colleague, Ms. Winkler, to make some further comments.\nJulie Winkler\nYes. I think Terry is absolutely right. And the two segments that I would just hone in on, Benjamin, that we saw particularly double-digit growth from last year was really the buy side and the commodities -- or sorry, the commercial segment as well. And so when we look at that, we saw really strong ADVs from asset managers, again double-digit, the buy-side clients that really are looking at our products because of the regulatory environment, the liquidity and also the capital efficiencies that we offer.And so the products that I\'d say they were most interested in and what we saw, almost half of that growth was coming from interest rates with all of the volatility and movement that we saw last year but also a lot of interest in our commodity suite, so hedge funds, managed funds that are really looking at CME\'s agricultural portfolio and also more esoteric products, things that we offer like milk and lumber, because they\'re looking to diversify their risk profiles and also access those uncorrelated markets. And so it\'s another sign of our really diverse product portfolio meeting customer needs.On the commercial side, double-digit growth both in terms of revenue and ADV last year. And that was really as they were looking to hedge their physical positions, manage that risk exposure, saw good uptake in some of our new industrial metals, the energy companies that we talked about before. And I think this trend is -- speaks to the transparency, the efficiencies and the well-regulated futures markets that we offer. And then internationally, I think particularly in Europe, on the short-term interest rate side, we saw some really strong performance and also interest across our commodities and FX suite. So I think we have a lot to build on as we look into 2024 but very strong performance in those areas last year.\nTerrence A. Duffy\nThanks, Julie. And Benjamin, let me end on this note as it relates to that. I think it\'s really important, and we don\'t state it enough. As it relates to our rates business especially, you look at some of the largest participants who I referenced earlier. Between their activity in swaps and futures, and futures is a critically important point here, they\'re saving roughly $8 billion -- $7 billion to $8 billion a day in margin efficiencies where they could deploy that capital in other activities, whether it\'s trading or other parts of their business.That\'s hard to replicate. And that is a benefit to the largest clients in the world that can use that money to be deployed elsewhere. So that has grown substantially since 2015. So that\'s been a big growth driver for us over the last 8.5 to 9 years as well.\nOperator\nOur next question is coming from the line of Alex Blostein with Goldman Sachs.\nAlexander Blostein\nI was hoping we could dig into the equity business a little more and specifically just talk about the competitive dynamics between you guys and Cboe\'s contracts. We\'ve seen the divergence in kind of volumes and market share for a couple of quarters now. So just curious to hear what you\'re seeing with respect to underlying clients. And what do you have in the works to narrow that gap?\nTerrence A. Duffy\nYes, that\'s a good question, Alex. I\'ll turn it over to Mr. McCourt. He\'ll start and I\'m going to jump in as well and maybe Ms. Winkler also. So go ahead, Tim.\nTim McCourt\nThanks, Alex. I think before we get to the market share point, it\'s important to note that equity options on futures here at CME had a record 2023, doing over 1.4 million contracts and had consecutive record months in Q4 as we headed into the end of the year. And also important to note here in January on the recent activity, up over 1.5 million contracts per day. So our equity options franchise at CME is continuing to grow.But there are certainly dynamics in the marketplace around the same-day expiring or 0 DTE options that are changing the dynamics. But it\'s important to know that it is a growth versus growth story. Here at CME, our same-day expiring options on the S&P 500 E-mini futures are up 70% in Q4 2023 versus 2022. But it\'s also interesting to note, they only make up about 26% of our volume in Q4 of 2023. And our open interest is up between 20% to 24% outside of 0 DTE, when we look over 2023 and 2024.So it\'s a very strong growth story here at CME. It\'s not only a 0 DTE story. And when we look at the relative participation of our markets, it is important to note that we have gained share since the load that we observed over the summer at the peak of some of the 0 DTE trading, trading picking up several percentage points of share back.It\'s also important to note, when we look at our global offering nearly 24 hours a day, we remain the leader across the globe, particularly in non-U.S. trading hours, where that relationship is practically inverted against SPX. And E-mini options remain the product of choice for those investors outside the U.S. and outside of the normal U.S. trading day. So you really have to look at all the facets of our business which continue to grow and continue to serve a vital part of risk management for our clients and the marketplace.\nTerrence A. Duffy\nAnd I think just to add to what my colleague said, Alex, I think it\'s really important that when we reference the risk management of these, we\'re a risk management institution, and we\'re looking at massive amounts of open interest that have portfolio margining associated with them that cannot be replicated at other entities, so we -- to the degree we can.So we are really excited about our equity franchise. We do recognize, so we\'re not saying we don\'t recognize the growth that there\'s been in 0 DTEs. As you know, our 0 DTEs expire into futures and theirs expire into cash. That has been a difference that it seems that the retail participants seem to like a little bit more than the professional participant. So we are obviously looking at different things as this continues to evolve.\nOperator\nOur next question is coming from the line of Kyle Voigt with KBW.\nKyle Kenneth Voigt\nSo last week, you announced that you\'ll be rolling out U.S. corporate bond index futures this summer. I think other venues have attempted to launch credit index futures in the past. And historically, it\'s proven difficult for those products to gain sufficient adoption.Just wondering if you could go into some detail about why you think the time is right for this product, why your effort may be different here and then also provide some color on customer demand that you\'re seeing for the product as well.\nTerrence A. Duffy\nThanks, Kyle. Tim?\nTim McCourt\nThanks, Terry, and thanks, Kyle. Great question. We\'re pleased to announce earlier this month that we entered into the IP arrangement with Bloomberg to offer futures on their corporate bond futures for both high yield and investment grade with futures coming online summer of 2024. Still all the details that are coming, but it\'s important to note, I think when we look at credit, is in this market with the increasing rate environment and the increasing dynamics and relationships diverging between equities and rates market, introducing credit products to market makes complete sense to offer another tool to our clients to manage the risk as it manifests in all parts of their portfolio, whether it be equity, rates or single-name credit.I think it\'s also interesting to note is that when we look at this universe in general and partner with Bloomberg, we are also tapping into a well-established ecosystem around these indices around other exchange-traded products, structured products that are available. So this is a very welcome tool for clients.We\'ve heard overwhelming feedback over the last several months during the validation process that this will be additive. It will help them in other parts of the credit market. And we\'re looking forward to bringing these products to market and work with our participants to make sure that they continue to grow. And I would just encourage you to stay tuned for more details as we approach the summer.\nTerrence A. Duffy\nAnd so Kyle, let me make a few more points on this. I think you said it at the -- in your question, timing. Timing is everything as it relates to certain products and certain product launches. So I don\'t think a lot of people would have believed that the short end of the curve was going to continue to be the attraction point for as long as it has been to date.We listed a T-bill contract, where someone said, "Geez, I haven\'t had that since 1980 or \'81. Why did you bring that back out?" Well, the cost to us to do that is very de minimis. And we can get these contracts out there quickly. And if people need to manage risk, even if it\'s small at that current period of time, it\'s a good thing for CME. So I think when you look at the corporate bond market, timing is everything.And we\'re not trying to nail the timing perfectly, but we want to make sure that these products are available if, in fact, people need to manage their risk more closely today than they did when others prior listed these contracts. So you never know. And again, these are not big lifts for CME. We can continue to do it. But we also have other value-added propositions that some others don\'t when we list new contracts.\nOperator\nOur next question is coming from the line of Michael Cyprys with Morgan Stanley.\nMichael J. Cyprys\nI wanted to ask on post-trade services, the JV that you have with S&P, OSTTRA. It\'s been nearly 3 years since the OSTTRA JV was created. I was hoping you could speak to the growth that you\'ve seen, how well penetrated is the offering today and speak to where you see some of the biggest growth opportunities ahead in post-trade services and some of the stuff you guys are taking to accelerate growth. And then also if you could touch on the competitive backdrop, that would just be interesting to hear, some others are looking to take share in processing and risk management.\nTerrence A. Duffy\nThat\'s a great question, Last 60 Days of Bitcoin's Closing Prices: [41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-15 Financial & Commodity Data: - Gold Closing Price: $2002.10 - Crude Oil Closing Price: $78.03 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,025,811,928,138 - Hash Rate: 605343973.9976323 - Transaction Count: 303306.0 - Unique Addresses: 612859.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After several twists and turns, Wall Street is on a blistering rally to end 2023. The three major indices have hit new highs on several occasions, buoyed by the tech surge, cooling inflation and the optimism that the Fed is done with interest rate hikes. The Nasdaq Composite Index is the outperformer, gaining 41.2%. Meanwhile, the S&P 500 and Dow Jones Industrial have risen 22.4% and 11.9%, respectively.Below, we discuss some of the hot events of 2023 that influenced the market in a big way: Technology is the best-performing sector of 2023, driven by the artificial intelligence (AI) boom and a crypto rally.ROBO Global Artificial Intelligence ETFTHNQ andValkyrie Bitcoin Miners ETFWGMI emerged as the biggest winners in their respective space, rising 57.5% and 257.3%, respectively (read: 5 Best-Performing Technology ETFs of 2023).The craze for AI has also magnified the returns of the “Magnificent Seven” stocks, driving the appeal forThe Magnificent Seven ETFMAGS. This fund offers investors precise exposure to the “Magnificent Seven.”The world's largest cryptocurrency started 2023 just above $16,000 and climbed to a 12-month high of $45,000 in early December. The rally came on the back of broad enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs. Bitcoin's performance in 2023 has outpaced other assets like global stocks and gold.Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end have powered the rally in recent months. The trend is likely to continue in 2024. In the latest meeting, Federal Reserve Chair Jerome Powell hinted at a major policy shift as inflation is easing and the economy is holding up better. He signaled three rate cuts for the next year, compared with the previous forecast of two rate cuts in 2024. The federal funds rate is expected to be in the range of 4.4-4.9%, down from the current 5.25% to 5.50%. This indicates that the Fed will cut rates by a total of 0.75% next year, indicating that the historic rate-hiking campaign might be ending (read: Sector ETFs to Benefit From Fed Rate Cut Talks).Lower interest rates generally lead to reduced borrowing costs, which can stimulate economic growth. This can positively impact sectors like real estate, consumer discretionary and financial services, which are typically sensitive to interest rate changes. In real estate, for instance, lower rates can boost housing market activity by making mortgages more affordable. For consumer discretionary sectors, reduced borrowing costs can lead to increased consumer spending. In the financial sector, while lower rates can compress net interest margins for banks, they can also encourage lending and potentially lead to increased consumer and business loan activity.As a result,Vanguard Real Estate ETFVNQ,Utilities Select Sector SPDRXLU,iShares U.S. Home Construction ETFITB andConsumer Discretionary Select Sector SPDR FundXLY are set to gain in 2024. Single-stock ETFs have gained immense popularity this year amid the surging stock market and the big tech wave. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without having to buy the stock directly.There are currently 45 leveraged and inverse US single-stock ETFs on the market with a combined $3.3 billion in assets, according to Morningstar data. Five firms, AXS, Direxion, YieldMax, GraniteShares and Innovator, provide all the single-stock ETFs currently available on the market.Direxion Daily TSLA Bull 1.5X SharesTSLL is by far the largest U.S.-listed single-stock ETF on the market. It offers 1.5 times (150%) the daily percentage change of the common stock of Tesla TSLA. In terms of 2024 performance,GraniteShares 1.5x Long COIN Daily ETFCONL,GraniteShares 1.5x Long NVDA Daily ETFNVDL andGraniteShares 1.5x Long Meta Daily ETFFBL are the biggest beneficiaries, gaining about 570%, 411% and 334%, respectively (read: 5 Leveraged ETFs That Gained More Than 200% in 2023).CONL seeks 1.5 times (150%) the daily percentage change of the common stock of Coinbase Global Inc COIN, NVDL offers 1.5 times exposure the stock of NVIDIA NVDA and FBL tracks 1.5 times the performance of the stock of Meta Platforms META. The trend of converting mutual funds to ETFs gained momentum in 2023, reflecting a significant shift in the investment landscape. About three dozen ETF conversions took place this year driven by several factors, including lower costs, better liquidity and increased transparency associated with ETFs compared to mutual funds. ETFs also offer significant improvements in tax efficiency, as they use in-kind redemptions to avoid triggering capital gains taxes, which is not the case with mutual funds.One of the most notable conversions in 2023 was by Fidelity Investments, which converted six actively managed mutual funds into ETFs in November. These funds collectively manage assets worth roughly $13 billion. These includeFidelity Enhanced Large Cap Core ETFFELC,Fidelity Enhanced Larg Cap Growth ETFFELG,Fidelity Enhanced Large Cap Value ETFFELV,Fidelity Enhanced Mid Cap ETFFMDE,Fidelity Enhanced Small Cap ETFFESM andFidelity Enhanced International ETFFENI.Overall, the shift from mutual funds to ETFs has affected nearly $100 billion in assets. This trend aligns with broader investment patterns. While mutual funds have experienced net outflows, ETFs absorbed about $194 billion in 2023. More conversions are expected to come in 2024, especially by actively managed and higher-fee mutual funds. In the quest for higher yields amid increased volatility in the stock market, investors flocked to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows. Covered-call ETFs saw a surge of interest in 2023, attracting investors with the promise of hefty yields alongside shelter from market turbulence. These ETFs, by employing options strategies known as writing covered calls, provide exposure to the stock market with lower volatility compared to the overall market (read: Why Investors Are Pouring Billions Into Covered-Call ETFs).In this category,JPMorgan Equity Premium Income ETFJEPI andJPMorgan Nasdaq Equity Premium Income ETFJEPQ were the most popular, having pulled in $12.9 billion and $6.5 billion, respectively, in new money this year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Vanguard Real Estate ETF (VNQ): ETF Research Reports iShares U.S. Home Construction ETF (ITB): ETF Research Reports Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Roundhill Magnificent Seven ETF (MAGS): ETF Research Reports ROBO Global Artificial Intelligence ETF (THNQ): ETF Research Reports JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports JPMorgan Nasdaq Equity Premium Income ETF (JEPQ): ETF Research Reports GraniteShares 1.5x Long COIN Daily ETF (CONL): ETF Research Reports Direxion Daily TSLA Bull 1.5X Shares (TSLL): ETF Research Reports GraniteShares 1.5x Long META Daily ETF (FBL): ETF Research Reports GraniteShares 1.5x Long NVDA Daily ETF (NVDL): ETF Research Reports Fidelity Enhanced Large Cap Core ETF (FELC): ETF Research Reports Fidelity Enhanced Large Cap Growth ETF (FELG): ETF Research Reports Fidelity Enhanced Large Cap Value ETF (FELV): ETF Research Reports Fidelity Enhanced International ETF (FENI): ETF Research Reports Fidelity Enhanced Small Cap ETF (FESM): ETF Research Reports Fidelity Enhanced Mid Cap ETF (FMDE): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/veganbitcoiner420', 'If you are new to Bitcoin and in your early 20s or mid 20s... do this:', 68, '2024-02-15 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1,000,000 Satoshis is your "bank account is zero" amount.\n\nHold that for 3 halvings MINIMUM.\n\nDon\'t touch your first 1,000,000 satoshis\n\nHaving 1,000,000 satoshis in 10 years (3 more halvings) will be lifechanging to someone who is 18-23 right now.\n\nSimilarly if you are in your mid 20s and can get to 10,000,000 satoshis make that your "bank account is zero" amount. Hold that for 3 halvings minimum. \n\n\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1ar192z', [['u/veganbitcoiner420', 28, '2024-02-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgktju/', 'No it just the smallest unit of 1 Bitcoin.\n\n1 dollar = 100 pennies\n\n1 bitcoin has 100,000,000 satoshis\n\nWhen you buy bitcoin unless you have literally 51,800 buckaroos right now you cant get 100,000,000 satoshis.\n\nBut if you have 51 bucks you can get 100,000 satoshis\n\nThats a good deal. When you are in your 30s you can tell the 20 year olds you were stacking 100,000 satoshis for 51 bucks\n\nIt will be hilarious', '1ar192z'], ['u/DJTicklePitt', 74, '2024-02-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgsuc5/', 'I’m new to BTC and 20 yrs old. After thorough research I now own .6 BTC at and average price of 43,800. I am now DCAing 100$ a week and will be holding forever.', '1ar192z'], ['u/analogOnly', 24, '2024-02-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgv4u4/', 'I am in my late 30s have over 100,000,000 satoshis it\'s my "bank account is zero" amount. By my calculations I will need at least $3,500,000 USD by today\'s value. (I am married have children and own zero investment property (RE) - that\'s why my number is high)', '1ar192z'], ['u/rock-island321', 12, '2024-02-15 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgwc3j/', 'In 20 years, your 1 btc will do you very nicely for retirement.', '1ar192z'], ['u/fbacaleb', 29, '2024-02-15 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgzq6p/', 'Damn you have more than me and I’m 24 good job man', '1ar192z'], ['u/Sunnyjim333', 37, '2024-02-15 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh4x42/', 'What a great time to be alive. I am at the other end of old age, I wish I could see what BTC willbe like 20 years from now.\n\nBuy SATS and HODL yunguns.', '1ar192z'], ['u/Sunnyjim333', 16, '2024-02-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6axu/', 'When I was your age in 1978, if you had $100,000.00 you could retire on the interest and live a comfortable life. Asuming you had a pension and Social Security.\n\nSadly, you probably will not have those, so BTC and your 401k is all you are going to get.\n\nYou will probably need more to retire by then, but I hope BTC will be your ticket to freedom.\n\nIn 2024 1/2 to one million is a comfortable retirement if you own your own home, are in good health, and live modestly and have no debt.', '1ar192z'], ['u/Sunnyjim333', 10, '2024-02-15 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6neu/', "Oh, the good old days when you could buy 1,000,000 SATS for $510.00\n\nWhy didn't we sell the kids and take out a 3rd mortgage?", '1ar192z'], ['u/bobbyv137', 11, '2024-02-15 15:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqj8ika/', 'Lol. Such nonsense. Typical moon boy math lost in delusion. \n\nOne Bitcoin is $50k. 1,000,00 sats today is $500. \n\nYou say holding that 1m sats for 10 years will be “life changing” for someone in the mid 20s or younger. \n\nLet’s assume in the absolutely insane outcome, Bitcoin is $5m per coin in just 10 years thus $100 trillion market cap (hint: it won’t be). \n\nThose 1m are now worth $50k. So yes, that person has undoubtedly invested their money well by turning $500 into $50k. \n\nBut, if Bitcoin is $5m a coin, what is that $50k actually going to buy you? How is it going to be “life changing”?', '1ar192z']]], ['u/Far_Breakfast_5808', "What is up with the Bitcoin proponents' obsession with gold? Is it a libertarian thing? The part about asking if it's a libertarian thing is serious by the way.", 46, '2024-02-15 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', "I'm asking/wondering because I know libertarians are known for liking gold and the gold standard in particular, and many Bitcoin/crypto proponents are libertarians, so I was wondering if there was a connection between Bitcoin, libertarianism, and the obsession with gold, or if it's just a coincidence. By contrast, most people I see who aren't into bitcoin aren't so obsessed with gold and instead are into other kinds of assets and securities like stocks.", 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', '1ar1q5t', [['u/Evinceo', 60, '2024-02-15 01:15', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgp13h/', "It's a libertarian thing and it predates Bitcoin. Bitcoin borrows a lot of Gold Fan ideas, just replacing gold with Bitcoin.\n\n\n_50 Foot Blockchain_ ought to be required reading, I believe it goes into the Austrian Economics thing in great detail.", '1ar1q5t'], ['u/Val_Fortecazzo', 10, '2024-02-15 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqpai/', 'Yeah its part of bitcoins lolbertarian DNA. They believe in austrian economics quackery.', '1ar1q5t'], ['u/Unfriendly_eagle', 45, '2024-02-15 01:28', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqx5k/', 'Bitcoin weirdos love to compare Bitcoin to things that have actual value, and aren\'t just made up. They do this by pointing out how everything else is just made up. I know a Bitcoin kook who constantly tweets "gold is just a shiny metal", but if you reply that "Bitcoin is just strings of digital data" he loses his mind.', '1ar1q5t'], ['u/Evinceo', 37, '2024-02-15 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgr7m4/', "Goldbug lore is written by and for libertarians, that's why. Bitcoin lore started out as a copypasta of goldbug lore with a cyberpunk aesthetic.", '1ar1q5t'], ['u/Evinceo', 19, '2024-02-15 01:37', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgsc3o/', "I mean, it is a shiny metal that _stays shiny_. That's why it's so obsessed over. If brass didn't tarnish we'd just use that.", '1ar1q5t'], ['u/Xirema', 24, '2024-02-15 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgte4q/', "[To quote the great Dan Olson:](https://youtu.be/ihvG3RgbYzE?t=508)\n\n>Despite the popularity of gold amongst people who own doomsday bunkers, the rationale that they’re working from isn’t un-sound. If you were an investor back in the Netherlands in 1635, which asset would deliver a better return over almost 400 years, tulips or gold? In the long run you can be pretty confident that any gold you have will still be abstractly valuable in the indeterminate future. \n\nBasically, gold has a lot of useful intrinsic properties that mean that any mass of gold you have is probably always going to have some degree of intrinsic economic value, in a way that's not always true of most other measures of value. Government-issued money can depreciate (or be rendered worthless by a revolution), most other commodities tend to decay to entropy a lot faster... etc. and so on. Gold has intrinsic value and is pretty likely to continue to have intrinsic value 5/10/20/50/100 years from now. \n\nOf course, it's bad if your plan is to actually have a highly liquid economic structure, i.e. our modern highly capitalistic society. Bitcoin reproduces one of the fundamental flaws of a gold-based economic model, which is that for any and all purchases some amount of gold has to exchange hands; so for example, internet shopping, Credit Cards, all of that stuff: basically impossible in a gold-based economy because of how slow it is to exchange money.\n\nYou know, just to name one of the countless flaws in their proselytizing of The Gold Standard.", '1ar1q5t'], ['u/Far_Breakfast_5808', 17, '2024-02-15 01:48', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgtzzs/', "Even if gold wasn't used for jewelry, it also has multiple practical applications in things like dentistry and electronics. It's actually useful and has utility at least.", '1ar1q5t'], ['u/happyscrappy', 16, '2024-02-15 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgv5xk/', "Yes. Butters are just another version of [goldbugs](https://en.wikipedia.org/wiki/Gold_bug). And hence they don't share a lot of behavior with those who do not have this mentality.", '1ar1q5t'], ['u/sciolycaptain', 22, '2024-02-15 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgvil4/', "Yeah, but if it were just for it's industrial uses, the price would be a lot lower.\n\n\nIt has has huge cultural signifying because it stayed shiny and it's rare, but it's price is also mostly made up.", '1ar1q5t'], ['u/Val_Fortecazzo', 32, '2024-02-15 02:18', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgychp/', "Because largely people don't give a shit about gold since it stopped being the basis of most world currencies.", '1ar1q5t'], ['u/kerricker', 11, '2024-02-15 02:46', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqh2i5c/', 'I’m sure I’m not the first to think of this, but I wonder if USA goldbuggery is influenced by generational memory of the Confederate dollar. People might not be consciously thinking “Granddad’s great-granddad had his savings in the local paper money and hoo boy that went badly, would’ve been better to have gold bars,” but it might be in the back of their minds. What’s the goldbug situation like in, idk, Germany, or other countries that had some kind of notable currency collapse in the last 100-150-ish years?', '1ar1q5t'], ['u/Evinceo', 13, '2024-02-15 05:47', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqhr9e3/', '> Central banks have an infinite money printer which they can use to fund propaganda to make people think fiat is good.\xa0\n\n\nWhere do I sign up to get my ~~soros~~ Fiat bucks?', '1ar1q5t'], ['u/pjc50', 15, '2024-02-15 12:06', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqiofnc/', "Basically Roosevelt confiscated and devalued gold in 1933: [https://en.wikipedia.org/wiki/Executive\\_Order\\_6102](https://en.wikipedia.org/wiki/Executive_Order_6102) and there's an entire faction that have never got over it.\n\nWhile it was a surprisingly totalitarian action in a country that loudly proclaimed its freeness, the counter-demand that at times of national crisis people should be able to hoard against the crisis even if that makes the overall situation worse, is very hard to defend.", '1ar1q5t'], ['u/NotSoButFarOtherwise', 10, '2024-02-15 13:45', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqiydcs/', "Because gold is almost as terrible as a unit of account, store of value, and medium of exchange as Bitcoin is. There's a reason why people have reinvented fiat currency multiple times in history, and that's because it really is a lot better than having to carry a bunch of metal around everywhere.", '1ar1q5t']]], ['u/Puzzleheaded_Tie_870', 'Welcome to Magic Internet Money $MIM', 24, '2024-02-15 01:24', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/', 'Welcome to the Magic Internet Money Community. What is Magic Internet Money? Magic Internet Money is the response to fiat currencies, government backed digital currencies, hyperinflation etc... Fiat currencies have enslaved populations all over the world as people grind day in and day out chasing that dollar.\n\nIntroduce Magic Internet Money.\n\nMagic Internet Money first appeared on the scene in 2008 in the form of Bitcoin. Since then numerous crypto protocols, platforms, and tokens have been released all with the same goal in mind. To escape the daily grind of the matrix. All crypto tokens are Magic Internet Money. All meme tokens are a form of Magic Internet Money. We are not here to compete with the likes of Doge, Shib, Pepe, Wif etc... as those are all forms of Magic Internet Money.\n\nMagic Internet Money is here to unite people and to free those who want to escape the lifestyle of paycheck to paycheck living.\n\nThe Magic Internet Money token created in 2024 on the Solana blockchain is a community run token with the hardest working community in the space with round the clock raiding and 24/7 Telegram voice chat. We are all here for the same outcome. To make as much Magic Internet Money as possible and that is achievable through $MIM.\n\n[Twitter](https://twitter.com/MIMoneyonSol)\n\n[Telegram](https://t.me/MIMoneySol)\n\n[Website](https://magicinternetmoney.cash)\n\n[Chart](https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d)\n\nContract Address: G33s1LiUADEBLzN5jL6ocSXqrT2wsUq9W6nZ8o4k1b4L', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/', '1ar2edc', [['u/Brave-Statement5757', 10, '2024-02-15 01:28', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqgqwnf/', 'Narrative too big to fail', '1ar2edc'], ['u/Maleficent_Pin_2511', 10, '2024-02-15 05:39', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqhq9mg/', '$MIM on $SOL seems promising specially this bitcoin halving. We need an OG meme coin on top and its $MIM', '1ar2edc'], ['u/Puzzleheaded_Tie_870', 10, '2024-02-15 06:07', 'https://www.reddit.com/r/MagicInternetMoneyMIM/comments/1ar2edc/welcome_to_magic_internet_money_mim/kqhtj0k/', 'You can buy on Solana blockchain. Raydium/Jupiter Dex. \n\nContract Address: G33s1LiUADEBLzN5jL6ocSXqrT2wsUq9W6nZ8o4k1b4L \n\nChart: [https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d](https://dexscreener.com/solana/13wwy2kyjjwjsqpfttdgcpersq6ecc6pncqk5nobw96d)', '1ar2edc']]], ['u/Andy_Sing', 'Bitcoin reaching its trend line. Stay alert around 53000.', 18, '2024-02-15 01:40', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/', 'If it breaches up, good, but stay careful here. \n53000.', 'https://i.redd.it/a0qfmr6xanic1.jpeg', '1ar2r1p', [['u/waxheartzZz', 11, '2024-02-15 01:50', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgu8n7/', "100k in 2024. Been trying to post that for 24 hours and it won't let me.", '1ar2r1p'], ['u/RetardedStockTrader', 65, '2024-02-15 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqguvc1/', 'Get in now before it crashes', '1ar2r1p'], ['u/Appropriate_Meat2715', 11, '2024-02-15 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgvxg9/', 'I just want my CCs on MARA back, make it dip please', '1ar2r1p'], ['u/ggwhynot_', 10, '2024-02-15 02:26', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqgzj8r/', 'Me buy top', '1ar2r1p'], ['u/universityofkaren', 10, '2024-02-15 04:16', 'https://www.reddit.com/r/wallstreetbets/comments/1ar2r1p/bitcoin_reaching_its_trend_line_stay_alert_around/kqhfnls/', 'Why? Because people who are buying the etfs care that it hits a “trend line”? Do you have any idea how fucking stupid this is? This isn’t casual. Idiots….', '1ar2r1p']]], ['u/meshflesh40', 'Been a wholecoiner since 2019. Havent bought or sold since. Felt fomo both ways. Feels bad.', 363, '2024-02-15 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/', 'Ever since I lost $18k in 2017....i vowed to buy 1 BTC amd never sell. I got my chance at 11k. Rode it up to 69k,, and down to 16k and back up to 52k. \n\n\nI should be greatful for what i have right? I bought this BTC with the intention of never selling or trading it.\n\n\nBut the fomo of possible gains is killing me. Even though I know what Bitcoin is in the long run,,,my "wealth" feels imaginary until i sell and buy something. \n\nI want to buy another at $52k...but my lifestyle and sanity cant take the hit right now. \n\nI have a longterm dca going at $400 a month. That\'s about all the risk I can tolerate right now. \n\n\nWe all feel fomo in one way or another, haha', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/', '1ar3mlp', [['u/anonymouscitizen2', 170, '2024-02-15 02:28', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqgzv35/', 'You have something only 21M other people globally could own, assuming no lost coins and an equal distribution. \n\nIn reality you have something less than 3M people could ever own, maybe even less than that. Don’t be upset, you are in a fortunate position.', '1ar3mlp'], ['u/omg_its_dan', 12, '2024-02-15 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh039s/', 'Well that also goes both ways. If gains were possible so were losses. Imagine you tried to trade it and ended up sitting at 0.25 now instead of 1?', '1ar3mlp'], ['u/meshflesh40', 18, '2024-02-15 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh0lqb/', 'Funny u mention that. In 2017 i had 2btc...and ended up with 0.10.\n\nAt the time my thinking was "my life would be complete if I had one BTC".\n\nNow i want 2. Haha', '1ar3mlp'], ['u/riversaint101', 17, '2024-02-15 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh145o/', 'Feelings who needs them', '1ar3mlp'], ['u/harrumphx', 129, '2024-02-15 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh2ij3/', "How's it going to feel watching it go to 500K after you sold it at 50K? Bad, I'd bet.", '1ar3mlp'], ['u/Rhornak', 11, '2024-02-15 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh7onk/', 'FOMO is the number 1 issue investors must banish. Emotion is bad for investing and trading.\n\nWith some «\xa0if I had known\xa0», «\xa0I should have sold\xa0», «\xa0I should have bought\xa0» you can rebuild the world. If you had known, you would have bought bitcon in 2010 right ?\n\nYou can never know, you can just rely on DD, maths and obviously luck.', '1ar3mlp'], ['u/Jwelz90', 19, '2024-02-15 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh8ve5/', "Especially now, so far removed from dropping the 11k he did to buy it. Money basically feels gone already as he stated. Might as well save it to save for the worst if rainy days. I'd sell .25 at some point though, especially after he DCAs for a couple years.", '1ar3mlp'], ['u/TheTonik', 12, '2024-02-15 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqh9kir/', 'I have 2. And now I want 3. It will literally never end. "Grass is always greener".', '1ar3mlp'], ['u/richardto4321', 20, '2024-02-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhd621/', 'You regret not being able to perfectly time the top and the bottom?', '1ar3mlp'], ['u/Normal-Jelly607', 12, '2024-02-15 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhkoso/', 'Hard lesson to learn…. Never buy shitcoins', '1ar3mlp'], ['u/Jokerloz', 20, '2024-02-15 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhmxe7/', "It's less than 21 million people. It's more like 17 million. Don't quote me. Satoshi wallet alone has 1 million btc in it. Also you have the multiple people who lost there keys etc.", '1ar3mlp'], ['u/brendanm4545', 64, '2024-02-15 05:18', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhntg7/', "DCA and get off this sub, ignore all bitcoin news for the next 10 years. Paint a nice picture, work a normal job, build a house. Then come back in 10 years and tell us your story. Life's too short to worry about the ups and downs of bitcoin on a daily basis. The plan is long term and rewards people with the vision to stay the course.", '1ar3mlp'], ['u/Accurate_Sir625', 31, '2024-02-15 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhov7y/', "I believe it's less than 1M whole coiners and I saw an article that proved it will be something like 235 000. That may seem hard to believe but go watch YouTube InvestAnswers, Total Number of Whole coiners. So feel good. You are in a tare position. If you can stand to wait 2-3 more years you are really going to see it. 8 Billion people on Earth. To be 1 of less than 1M to be a whole coiner is special.", '1ar3mlp'], ['u/WalkThePlankPirate', 23, '2024-02-15 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhpytm/', 'Once I became a whole coiner, I continued accumulating in the bear market. Now, anything surplus to the 1 BTC, I allow myself to take profits on.', '1ar3mlp'], ['u/Mountain-Ad326', 12, '2024-02-15 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhrfrg/', 'Im getting so bored of hearing this stat. Just because only 21m could potentially ever own a vast, vast majority will look at a 50k BTC and say "Ive missed it".', '1ar3mlp'], ['u/Mountain-Ad326', 16, '2024-02-15 05:52', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhrte4/', 'James Mullarney is nothing more than a mid level marketing manager who sold software for Oracle. Hes never stepped foot inside a financial institution. He masquerades as some animal loving fluffy loving genius when hes nothing more than a snake oil salesman. He got so many in his community rekt last cycle. Be very, very weary of him.', '1ar3mlp'], ['u/Accurate_Sir625', 10, '2024-02-15 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqhudb3/', 'In his own words, he is just a guy on the internet providing entertainment. But math is math and the numbers he shows add up.', '1ar3mlp'], ['u/Just-Some-Chad', 17, '2024-02-15 07:25', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqi1jlx/', 'Great idea! Except, you never know what the price is gonna do. Is it gonna raise further? Is this the point where it wont drop below 40k ever again?', '1ar3mlp'], ['u/BitcoinBaller420', 19, '2024-02-15 13:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar3mlp/been_a_wholecoiner_since_2019_havent_bought_or/kqitr2a/', 'This is great advice… now back to checking the bitcoin ticker every five minutes! \xa0😜😃❤️', '1ar3mlp']]], ['u/l337m45732', 'A major upgrade for the Cardano ecosystem', 53, '2024-02-15 02:30', 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/', "Firstly, I am not affiliated with the platform that will be mentioned. This is strictly for educational purposes and these opinions are my own.\n\nI've been following Cardano since it's inception. I've always wanted it to be bigger than it was because of the speed and scalability. I don't quite understand why it's taken so long for the development and adoption, but I'm also just a guy on the internet that likes crypto stuff. \n\nI've never really seen ADA on any kind of decentralized exchanges, which is a huge turn off for me. The good news is, that's about to change. There's a platform that is in the process of integrating Cardano for native ADA swaps with a number of assets on different blockchains. The proposal was recently passed and work is already being done to add Cardano to the list of supported chains on Maya Protocol. \n\nMaya Protocol is a decentralized cross-chain liquidity protocol aiming to be a compliment to cross-chain platforms like Thorchain and Chainflip. This integration will open ADA up to liquidity that can flow from 6+ different blockchains including Bitcoin, Ethereum, Kujira, and DASH. Being able to swap native assets for ADA without the need to interact with a centralized entity is extremely powerful. \n\nJust another DEX using wrapped assets? No. Maya only has pools of native assets. This enhances security and allows users to avoid having to deal with wrapped assets or bridging services. For the broad Cardano ecosystem, the ability to move in native BTC removes a ton of limitation for users across the world. Literally opening the doors for ADA to the masses without KYC. \n\nCardano's integration into Maya also opens doors for potential Savers vaults (single asset staking for rewards) and streaming swaps (swap any amount of crypto, regardless of liquidity like Thorchain). Decentralized liquidity is critical for any token to thrive, especially with growing regulatory concerns. \n\nI feel like this is a huge win for Cardano, and a an even bigger win for crypto users overall. Here's hoping that this DeFi integration helps Cardano continue to grow and thrive. \n", 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/', '1ar3rqt', [['u/Yatznft', 10, '2024-02-15 03:09', 'https://www.reddit.com/r/cardano/comments/1ar3rqt/a_major_upgrade_for_the_cardano_ecosystem/kqh5wje/', 'Interesting, I will have look into this. Thanks for the info 🙌', '1ar3rqt']]], ['u/Huge-Return', '401k', 69, '2024-02-15 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/', 'Any fellas got bitcoin etf in their 401k? Been buying GBTC since 2021. Recently I switched to FBTC. My 401k portfolio is 99% bitcoin. I think the idea of having it in my 401k has helped me hodl without any worries. Never thought I see 50k this early.', 'https://i.redd.it/bk27xt21snic1.jpeg', '1ar4oql', [['u/Annie_Gher', 15, '2024-02-15 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/kqh8jm7/', 'Yep\n\nDear diary: today was a good day', '1ar4oql'], ['u/1025scrap', 10, '2024-02-15 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar4oql/401k/kqhi4pc/', 'This point seems to be lost on a bunch of bitcoiners. Smdh', '1ar4oql']]], ['u/Goingremotenow', 'Pension - Bitcoin exit strategy', 15, '2024-02-15 03:21', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/', 'Anyone added this to their teacher pension portfolio. What’s your plan for the future. No more than 5% in crypto or bigger weighting? ', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/', '1ar4se3', [['u/reality_star_wars', 11, '2024-02-15 05:00', 'https://www.reddit.com/r/Internationalteachers/comments/1ar4se3/pension_bitcoin_exit_strategy/kqhljd1/', '0% Bitcoin 90% Target date funds and IRAs. 10% stocks', '1ar4se3']]], ['u/Physical_Owl8521', 'Maxed out my Roth IRA, now what?', 48, '2024-02-15 03:49', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/', 'Background: I’m in my early 20s and live rent free with my parents. I have an emergency fund of 10k if something goes wrong. I have 0 debt, no loans and credit cards have a 0 balance. High 700’s credit score. I have maxed my IRA 3 years in a row including this year. It’s mostly in a s&p index with a smaller portion of it in an international index fund. I am not eligible for a 401k this year at my job but will be able to next year and will take advantage of the match. With the extra money I have outside of those things, and future expected income, where should I invest next? \nI opened a brokerage account where I was going to put my money in mostly VOO (80%), reputable tech stocks like Microsoft, apple, google, or a tech index(10%), (5%) in well known crypto like BTC and ETH, and the remaining (5%) in speculative assets that I have faith in. \n\nThat being said I do want to move out of my parents house in my 20s, and I don’t want to rent an apartment. So eventually within the next 4-5 years I want to own a house somewhere. \n\nDoes it make sense to hold my earnings in a brokerage account like that and maybe eventually pull from there for a property down payment?\n\nAlso I’m not making ton of money, maybe ~40k after taxes this year. \n\nLooking for some clarity and direction. Open to all sorts of ideas, thanks!', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/', '1ar5bqa', [['u/Claviarm', 29, '2024-02-15 04:04', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhdvqi/', "You may already know this, but: Since VOO tracks the S&P500, it is already about 18% Microsoft, Apple, and Google, and has other tech in there too. I'm not making any judgment on whether these are good investments; just want you to be aware of what you already have in VOO before you allocate even more into these things.", '1ar5bqa'], ['u/ResetOptional', 10, '2024-02-15 04:13', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhf923/', 'HSA', '1ar5bqa'], ['u/AntiqueDistance5652', 48, '2024-02-15 04:55', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhkwgg/', "Assuming you're doing financial order of operations correctly, if you're saving max in a Roth IRA I am assuming that you have an emergency fund even though you don't actually need it right now because your parents are taking care of you. You may want to start building out your emergency fund if its kind of low in anticipation of the future when you don't live rent free with parents anymore, but if you anticipate that to be further than a couple years out you can go ahead and invest the extra right now and build up your e-fund later on. For now just save up all the money you can in a money market fund with Fidelity invested FDLXX or SPAXX, you're going to build this up right now while you cant invest in a 401k so that when it becomes available you can immediately start maxing out the 401k and live off the savings, with one huge caveat.\n\nCaveat: it's a mistake to max out a traditional 401k with an income of $40k a year. You should only be maxing that out if you can find a way to earn significantly more money. The reason for this: at $40k a year, your highest tax bracket will be 12%. There is very little utility in using a tax shelter for 12% when most likely you'll be paying more than that when you withdraw it. If you're going to max out the 401k on top of the IRA, do it only if your work offers the option to do a Roth 401k. You're paying low taxes now, so you may as well take the tax hit now and never have to pay them again on your gains in the future. When you're earning a higher income, this will switch and you will want to max out a traditional 401k when the bulk of those contributions will be coming from the 22% or 24% (or higher) tax brackets.\n\nLet's assume for a moment the Roth 401k is an option or you can significantly increase your income (as in, at least double) in the next year. In that case, once your 401k is available to you, you should be focusing on maxing out both the IRA and the 401k every year unless you really need the money for a house downpayment or if maxing out both accounts is leaving you with nothing left over to live off. 80% allocation to VOO is perfectly fine, as is another 10% in a tech index, all this is great. 5% in crypto I wouldnt recommend, but hey, its only 5% so even if its a complete loss in 30 years you wont be hurting that much. And the 5% in speculative assets, im not sure what that is supposed to mean, but thats also perfectly fine as long as you will be ok with a high probability of total loss for those assets. The most important part is that you're putting the bulk into a passive index fund so you're paying yourself first in one of the best growth assets available (US large cap stocks).\n\nLet me talk a second about saving a downpayment. In general I would tell people that as long as the time horizon is 5 years out or longer, it's ok to save a downpayment in a stock index fund. However, if 5 years is literally the exact time you anticipate, then I'd recommend putting this years saving goal toward the house in a stock index fund, and next year putting only 50% in a stock index fund and 50% in a money market mutual fund, and then the remaining 3 years putting 100% of savings for that goal in a money market mutual fund. Reason being is that with a 3 year duration or less you are taking on too much risk that you will be buying a house during a downturn and then end up having to push out your purchase date as you wait for your downpayment assets to recover. You don't want that. So while 5 years out is fine to put risk on, 2 years out you should not be adding any more to your stock position for that downpayment.\n\nFurthermore, let's talk about downpayment size. Your income is not that high, which unfortunately means you will need to make a compromise or some difficult decisions. You can choose to aggressively save in tax sheltered retirement vehicles like I mention above. That's my personal suggestion, but others will give you different advice. Others will tell you that if you are absolutely certain you need to buy a house, that you really can't afford to invest very much if at all, because almost all of your disposable income will need to go into the downpayment fund. Many of those same people will tell you that you need at a minimum 20% downpayment or you can't buy a house. Here's my response to that: this is a different world than back in the 80s when a house cost 2.5x a median salary. 20% downpayment is very difficult to get to on your salary, and I don't think you should be prioritizing that over aggressively investing in index funds now. So for that reason I would set your goal of saving 3.5% + extra for closing costs with the idea of getting an FHA loan when you do buy a house. Yes you're going to pay PMI but it's not worse than the opportunity cost of waiting a decade to get to 20% while the price of the house just keeps getting more and more and more expensive.\n\nSo the last is how much house are you going to need. If you want to buy a median home, honestly with your salary as it is now you simply cannot afford it even if you did have a downpayment of 20%. So if you had ideas of that right now, thats fine, but be aware you're going to need to at least double your income before you can afford that. I still recommend doing a small downpayment if you are shooting for a median priced home with a higher salary in the future. Just checked and median homes cost about 400k. So we're talking roughly $14k plus you're going to need another $10k for closing costs. At a minimum you need to find a way to save up $24k in cash just to get INTO the house, and you had better have at minimum 3 months of expenses saved up. You gotta do the math with your living expenses to see if you can even get to that with or without maxing a tradition/roth 401k.\n\nI hope what I just said isn't completely confusing and that it helps you in your journey.", '1ar5bqa'], ['u/Physical_Owl8521', 14, '2024-02-15 06:53', 'https://www.reddit.com/r/fidelityinvestments/comments/1ar5bqa/maxed_out_my_roth_ira_now_what/kqhygg7/', 'What a wealth of knowledge!!! Thank you. I’m sure this post will help more people than just me too. And no it all makes sense you broke it down well, not too confusing. Thanks again I will be coming back to this post as a reference frequently haha!', '1ar5bqa']]], ['u/No-Respond-3523', "Explain it to me like I'm 5: Purpose", 12, '2024-02-15 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/', 'What is the endgame of Bitcoin if there are several big companies like Black Rock and Microstrategy and Governments have the most Bitcoin? \n\nHow are individuals supposed to adopt and use it for everyday life?', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/', '1ar5nfg', [['u/omg_its_dan', 55, '2024-02-15 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhgbtz/', 'Bitcoin wasn’t created to guarantee equal outcomes (i.e. communism). It was created to level the playing field for everyone (actual free market capitalism).\n\nThe difference is in the fiat system, we have massive wealth inequality, AND the rich/connected can manipulate the system itself to continue to grow their wealth disproportionately. No one can ever get ahead because the game is rigged.\n\nWith Bitcoin, someone can own 20M coins and they have no extra influence over the network or monetary policy than the guy with 100 sats. That’s the true power of it.', '1ar5nfg'], ['u/No-Respond-3523', 12, '2024-02-15 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhh5fo/', 'Thank you for having an actual reply.', '1ar5nfg'], ['u/Wrest_Assured', 10, '2024-02-15 05:20', 'https://www.reddit.com/r/Bitcoin/comments/1ar5nfg/explain_it_to_me_like_im_5_purpose/kqhny9q/', "Very well put. It's not a tool to create equity or equality. It is simply opting out of the manipulated system. It's also a tool that can be used for freedom of movement, say, if God forbid, you'd have to leave your country due to war, famine, etc.", '1ar5nfg']]], ['u/Crumplove', 'BEGcoin', 18, '2024-02-15 04:14', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/', 'It’s just a matter of time until he’s invested in Bitcoin if he isn’t already. \n\nI love watching him twist and contort himself, exploring a way that it’s ok to invest in it after openly talking shit about it for years. \n\nHis knowledge of what an ETF is is hilarious too. Also cold wallets - no concept of what they are. Thinks you need them to purchase goods with crypto. Thinks the ports on them matter hahahaha. Loved when his iPhone was “usb” hahahaha. \n\nThe hits keep on coming gammas. If you like watching Owen make an ass of himself today’s stream was super funny.', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/', '1ar5t4w', [['u/Effective_Fortune_49', 11, '2024-02-15 04:29', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhhcz6/', 'Just like that time this scumbag got exposed for buying stocks (using other people’s money) especially after the robin hood situation', '1ar5t4w'], ['u/Crumplove', 12, '2024-02-15 04:32', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhhszq/', 'He’s back investing with robinhood too. He’s been not so subtly exposing that like it’s normal and not something he’s been against haha', '1ar5t4w'], ['u/MaengDaX9', 14, '2024-02-15 04:47', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhjv3y/', 'I like how he’s casually claiming his bother got him into day trading. Yesterday. \n\nAs if he hasn’t been doing it all along.\n\nRemember when he said he didn’t have a Robin Hood account because it was ghey? Then accidentally showed emails from them on stream. Almost too clumsy to lie.', '1ar5t4w'], ['u/Shoddy-Employer-2457', 16, '2024-02-15 05:09', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhmp3w/', 'His thing against crypto is funny because there are a lot of parallels between Benjamin and crypto. Both cults, both completely pointless, both scams propped up by endless fraud, deception, and empty promises, both preying on people\'s weaknesses (greed, pride), and both have "anti" subreddits constantly predicting imminent collapse but likely to be disappointed because the world is full of people begging to be conned so both could go on for years', '1ar5t4w'], ['u/Crumplove', 11, '2024-02-15 06:01', 'https://www.reddit.com/r/owenbenjamin/comments/1ar5t4w/begcoin/kqhstmu/', 'Went on a diatribe about how he only invested in wheat hahahaha but only because he wanted to inform his flock - otherwise it’s too boring - hahahahahaha', '1ar5t4w']]], ['u/SplatoonNoob', 'BitStarz.com refused my cashout and stole 2.29 Bitcoin from me', 28, '2024-02-15 04:16', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/', 'BitStarz.com is a scam Bitcoin casino. BitStarz denied my cashout and stole 2.29 Bitcoin from me without any legitimate reason. Stay far away from BitStarz.', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/', '1ar5ull', [['u/cantthinkofaname1335', 75, '2024-02-15 04:28', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhh8bx/', 'With a name like that why are you surprised', '1ar5ull'], ['u/SplatoonNoob', 14, '2024-02-15 04:29', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhhcx5/', "Because BitStarz had been reliable for many years until recently BitStarz started to deny their customers' cash outs.", '1ar5ull'], ['u/Cocky_Idiot_Savant', 12, '2024-02-15 04:29', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhher9/', 'Why does anyone use books other than FD DK BR and MGM?', '1ar5ull'], ['u/mocantin', 35, '2024-02-15 04:46', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhjpta/', 'You used a vpn. Those casinos will use everything in their terms and conditions to justify not paying you. Vpn is a big one on the list usually.', '1ar5ull'], ['u/cyhurg', 20, '2024-02-15 05:00', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhlg7v/', 'Scam casino who call themselves casino of the year for every year , definitely rigged (RTP manipulation) lol!!', '1ar5ull'], ['u/BitStarz', 13, '2024-02-15 06:33', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqhwdhw/', "Hi guys, \nFirst of all, I'm not here to try to convince you that we’re the second coming of Christ or anything. I also understand that I do work for the casino so it’s quite obvious where my bias might be. \n\n\nI think at the end of this, we’re probably going to disagree on a lot of things, but I think most people can agree that it’s a good thing to get two sides of every story. Once I’ve shared our side I’m sure there’ll still be disagreements but I respect your opinions and I appreciate you guys hearing us out here too. \n\n\n \nNow, in this case, I’m not going to sit here and say that casinos are perfect and they always do things right, but it’s also important to note that a well-established casino wouldn’t just confiscate and close accounts for no reason (but I can’t speak for all of them). We can (and will) of course disagree on the reason being good enough or valid, but a casino wouldn’t last very long if it just went around and willy-nilly confiscated funds from players. \n\n\n \nAs this particular case includes some personal details I don’t want to doxx the OP. But I will share enough data that it won’t jeopardize the integrity of the player, but it will give a proper perspective on the matter.But, as rightfully pointed out this case is about verifying the player and completing the KYC (Know Your Customer) request. \n\n\n \nWe may have things to say about this process and how intricate it should be, but I think we can all agree that providing a Fake ID probably shouldn’t be allowed, and this is why we’re here today.When the OP submitted his docs we were quite suspicious as it looked photoshopped, but the OP was pretty adamant that his ID was real and said: “My documents are genuine”. \n\n\n \nWe then did a bit of research and found the exact same ID after a quick google search (https://imgur.com/a/WYbN4YG). The fact that the ID has the same details as date of birth and has the exact same background, well, I’ll let you be the judge. \n\n\n \nThe repercussions regarding using a Fake ID is something that I guess varies depending on the country, but I can’t think of anywhere it would be allowed. What the consequences would be is somewhere I think we’ll agree to disagree, and I respect your opinions regardless of where you stand on this. \n\n\n \nOnce more, I’m not here to try to convince you or sway you one way or the other, but I think the fact that the OP used a Fake ID which he photoshopped his face on is something he forgot to mention in his post. \n\n\n \nAgain, thank you for reading even if you don't agree. \nO., BitStarz", '1ar5ull'], ['u/Zestyclose_Range5900', 10, '2024-02-15 07:34', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi2d0n/', 'All what u say is useless.\nThey can ask your id and you were stupid enough to photoshop a fake one.\nOnly one to blame is you.', '1ar5ull'], ['u/typehyDro', 12, '2024-02-15 07:44', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi37ju/', 'Ngl you sound more and more suspicious as this post goes on and none of this will not help you if you decide to pursue litigation… \n\nNumber 1 thing lawyers say… shut up….\n\nBut I feel you won’t do anything and know you’re wrong and just trying to get back at them cause you got caught at an inopportune time… like when a customer at a restaurant acts like a complete jackass and gets kicked out then leaves a negative review pretending to be a saint and the restaurant the devil…', '1ar5ull'], ['u/Sooh1', 12, '2024-02-15 08:41', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqi83zg/', "You used a fake id and keep ignoring everyone calling you out on it. You screwed yourself my guy, not them. It doesn't matter if they changed their terms against US players, you straight up did something actually illegal and got caught. That supercedes any whine you got about them. I'd tell you hire a lawyer but it's almost guaranteed they'll look at you and say you caused this, but they'll still probably take your money like the casino did", '1ar5ull'], ['u/vbulljon', 17, '2024-02-15 09:19', 'https://www.reddit.com/r/gambling/comments/1ar5ull/bitstarzcom_refused_my_cashout_and_stole_229/kqib54g/', "Ok, give them the opportunity to fix it. It's not your fucking money to just keep. The audacity to just pop in here defending why your keeping players money. GTFO.", '1ar5ull']]], ['u/Ging9tailedjecht', "Somebody's searching for that Bitcoin!", 21, '2024-02-15 04:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1ar65aq/somebodys_searching_for_that_bitcoin/', 'Best of luck to whoever you are! Hope you post here!', 'https://i.redd.it/qjylb8uq5oic1.jpeg', '1ar65aq', [['u/TonyCrypto721', 13, '2024-02-15 04:39', 'https://www.reddit.com/r/Currencytradingcards/comments/1ar65aq/somebodys_searching_for_that_bitcoin/kqhisyk/', 'Man I guess I’m a dreamer, no way I’m selling them, I would have to scratch!', '1ar65aq']]], ['u/MaxLangley', 'Warning: BitStarz.com steals Bitcoin from its customers; scam Bitcoin casino ', 82, '2024-02-15 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/', 'I had almost 3 Bitcoin in my account and when I went to cashout /u/BitStarz made up a fake new terms of service to "confiscate" my bitcoins. Do not gamble at BitStarz.com. ', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/', '1ar7fhk', [['u/Frogolocalypse', 60, '2024-02-15 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/kqht11s/', "If you're sending bitcoin to shysters and charlatans expecting to be able to gamble it into something more, you're doing everything in your power to throw your money away.", '1ar7fhk'], ['u/Frogolocalypse', 21, '2024-02-15 06:10', 'https://www.reddit.com/r/Bitcoin/comments/1ar7fhk/warning_bitstarzcom_steals_bitcoin_from_its/kqhtuq7/', '> BitStarz was a reliable bitcoin casino for YEARS\n\nThe security model of "It hasn\'t happened yet therefore it won\'t happen" isn\'t the legendary life hack you used to think it was.', '1ar7fhk'], ['u/Frog... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Coinbase Global(NASDAQ: COIN)Q4 2023 Earnings CallFeb 15, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase fourth quarter and full year 2023 earnings call. All lines have been placed on mute to prevent any background noise.\nAfter the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase fourth quarter and full year 2023 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties, and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial metrics. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using safe technologies to enable our shareholders to ask questions. In addition, we will take some live questions from our research analysts. And with that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. I'm proud to say that in 2023, we cut costs by 45% year over year and managed to ship products faster with a lean team. This led to $95 million of positive net income for 2023, $964 million in positive adjusted EBITDA, and total revenue of $3.1 billion. Coinbase has always taken a long-term approach focusing on building in a compliant manner even when it wasn't the popular choice.\nMany of our competitors cut corners and broke laws to get big fast, and we've seen how that strategy played out. By contrast, Coinbase has now established itself as the trusted leader in crypto. I've always said that crypto adoption will happen in three phases, and I want to touch on what we did in 2023 to help drive each of those. In Phase 1, crypto is a new asset class that people want to trade.\nCrypto trading has been a major revenue driver for the industry, and Coinbase is the leader in spot trading in the US But in 2018, derivatives trading became the majority of crypto trading volume. It took us longer to do it in a compliant way, but I'm happy to report that in 2023, we have now launched derivatives trading globally. In Q2, we launched Coinbase International Exchange, which offers derivatives trading to non-US customers. And in Q4, we launched Coinbase Financial Markets, which offers regulated futures trading in the US.\nWe also expanded our trading products around the world by getting new licenses. In 2023, we launched operations or received licenses or registrations in Bermuda, Brazil, Canada, France, Singapore, and Spain. Most of the world's capital is held in institutions. And in 2023, we also meaningfully improved our institutional trading products.\nWith Coinbase Prime, we grew our institutional financing products. We launched Coinbase Asset Management. We even played a key role in the approval of the Bitcoin ETF as Coinbase was selected as the custodian in 8 of 11. This will unlock new pools of capital to flow into the crypto space with Coinbase playing a key role here.\nWe're earning revenue, not just on custody, but also on trading and financing. We've already seen great demand as Bitcoin is now the second largest ETF commodity in the US, surpassing silver. All of these improvements will continue to grow Phase 1, crypto as a new asset class. The second, Coinbase is not just a new asset class, it's also powering new financial services.\nAnd in 2023, stablecoins began to be used in global payments. We launched the ability to send free instant global payments on USD coin using base. We're now in the process of integrating this into our products to make payments of a first-class experience. And in August, we entered into an arrangement with Circle to help expand the utility of USD coin, which is now launched on over a dozen blockchains and is the second largest stablecoin with a market cap of $28 billion.\nIn the third phase and final phase, we believe crypto will also be a new application platform for the Internet. Over time, the Internet has become more and more centralized with big companies. The Internet also didn't start with a native form of money or payments or value built in. So we got credit cards bolted on as an afterthought.\nAnd the number of associated issues like fees, fraud, chargebacks, limited ability to send microtransactions or do cross-border commerce and that led to the rise of ad-based business models. Crypto is decentralizing the Internet with a new set of protocols for money, identity, messaging, social media, content, governance and even voting. And Coinbase is trying to help accelerate this trend in a number of ways. In 2023, we launched our own Layer 2 solution called Base.\nThis will help blockchain scale to $1 billion or more users, bringing down transaction costs and confirmation times similar to the Internet going from dial-up to broadband. We also launched improvements in Coinbase wallet. For instance, we made it easier to find and use decentralized applications or dApps. For instance, with one tap, you can now open and adapt and you're already signed in and you have your wallet connected.\nThere's no sign-up process for each app or having to type your credit card details into each app. It's still early days for crypto as an application platform and many of the early applications look like toys, but it has captured the imagination and hearts of developers, and Coinbase is one of the few companies who can bring together all the decentralized protocols into a compelling customer experience, which is what we're attempting to do with Coinbase Wallet. So that's how we see crypto evolving. First, as a new asset class, second is a new set of financial services; and third is a new application platform.\nIn 2023, I also said regulatory clarity was a top priority, and I want to give you a quick update on this. The majority of G20 countries now have crypto legislation either already passed or being drafted. And this is really great progress. In the US, there are even two bills going through Congress now with strong bipartisan support.\nCoinbase, along with other players in the crypto space, contributed to an $85 million super pack designed to elect pro-crypto candidates in this upcoming US election. And we helped create standwithcrypto.org, a grassroots movement for crypto advocates in the US. Their goal is to get to 1 million voters who want to stand for crypto in the 2024 elections. They're at 30% of that goal today with about 300,000 members and it's growing every week.\nIn the US, we're still working our way through the court system to get clarity there. But in the meantime, we're continuing to grow our business. Anecdotally, it's something our customers come up with and thank me for the most, leading the charge to get regulatory clarity in the US. We remain confident the US will get this right.\nwhether it comes from the courts, creating new case law, Congress passing new legislation, or ultimately the 52 million Americans who've used crypto voting in this upcoming election. Looking ahead to 2024 for a moment, I'd like to share a few of our top priorities for the year in closing. Our first priority will be to drive revenue, especially growing our two largest revenue streams, trading fees, and stablecoins. We'll do this with international expansion, growing derivatives and spot trading and more deeply integrating USD coin into the crypto economy.\nBy continuing to drive revenue growth, it allows us to fund some of our other priorities and the utility aspects of crypto. Our second priority is going to be to keep driving utility in crypto. This year, we'll be experimenting with payments as a use case. We're starting to see adoption of USD stablecoins in emerging markets, especially those with high inflation -- and customers can now send USD coin for free instantly anywhere in the world on base.\nThis has the potential to make global payments much lower friction, reducing fees. We'll also keep supporting developers building on Base. For instance, just recently, we've seen a surge of activity on the decentralized social media protocol Farcaster, and the majority of developers are now building what are called frames on Farcaster using base. We'll also be investing in Coinbase Wallet, our self-custodial app, where many of the early utility applications like decentralized social, identity, or messaging are starting to take shape.\nCrypto still needs to have its iPhone moment where these decentralized protocols become easy to use for the average person, and we're hoping we can help make that happen. Lastly, we'll continue to drive regulatory clarity for the industry. We're supporting standwithcrypto.org and its goal to activate 1 million advocates for crypto in this upcoming election and we'll continue to engage with Congress to work toward new crypto legislation in the US. Finally, we'll continue the fight in the courtroom to get sensible case law passed.\nI'm very pleased with our financial position, operating efficiency, and the competitive landscape, and I think we're incredibly well-positioned for long-term growth. With that, I'll hand it over to Alesia.\nAlesia Haas--Chief Financial Officer\nThanks, Brian, and good afternoon, everyone. In 2023, we focus on financial discipline and operational excellence. As a result, we're in a much stronger position today than we were one year ago. I wanted to share some highlights.\nSo highlights from 2023 include significant growth in our subscription and services revenue through a down market, materially lower expenses, a return to profitability, a stronger balance sheet, we have more US dollar resources and less debt as we enter 2024, and we did this all while accelerating our product velocity. Let's dive deeper and start in the details of full year 2023. We generated $95 million of net income and nearly $1 billion in adjusted EBITDA. Our total revenue was $3.1 billion, down $86 million year over year.\nWe saw a decline in transaction revenue, but this was largely offset by a 78% increase in subscription and services revenue. Our full year total operating expense declined $2.6 billion. Within this, sales and marketing, technology and development, and general and administrative expenses declined $1.7 billion on a year-over-year basis. Turning to our Q4 results.\nAll the comparisons I'm going to share on a quarter-over-quarter basis unless I otherwise noted. Q4 began with lower levels of crypto prices and volatility, but we saw those increase by roughly 40% and 60%, respectively, by the end of the quarter. These increases were largely driven by excitement around Bitcoin ETF approvals and broader market expectations for an improved macroeconomic condition in 2024. The increase in volatility had a meaningful impact on our transaction revenue.\nWe saw strong growth and reengagement from both simple and advanced traders. Notably, average trading volumes materially increased among our advanced traders. This resulted in Q4 transaction revenue of $529 million, up 83%. both volatility and the mix of advanced and simple trading volume was similar to Q1 of 2023.\nAnd as a result, our Q4 blended average fee rate was similar to the Q1 levels. As a reminder, we continue to experiment with our pricing models for both consumer and institutional, and price changes may impact future quarters. However, to be clear, we did not make any material changes to our fee structure in Q4. And the blended average fee rate that you see reported is simply due to mix shift on our platform.\nNow turning to subscription and services revenue. Q4 was $375 million, up 12%. The primary driver of the growth was blockchain rewards, which was influenced by higher crypto asset prices. In the fourth quarter, we experienced another quarter of native unit growth.\nWe saw inflows in custody and increase in stakes balances. We saw growth in USDC on our platform. We closed the year with just under $200 billion of assets on platform. On to expenses.\nQ4 total operating expenses were $838 million, up 11%. Expenses were primarily driven by seasonal and performance marketing spend, increased legal spend and our decision to increase bonuses in 2023 as a result of our strong full year financial performance. Q4 net income was $273 million, and adjusted EBITDA was $305 million. Q4 net income benefited from strong revenue growth and two items.\nFirst, we released a noncash tax valuation allowance of $121 million. Second, we repurchased $100 million of our 2026 convertible debt, which had a favorable P&L impact of $18 million. Now turning to our outlook for the first quarter of 2024. Overall, Q1 is off to a strong start.\nThrough February 13th, transaction revenue was approximately $320 million. This is about six weeks of the 12-week quarter. We are seeing strong trends across simple, advanced, and institutional trading. Thematically, it looks similar to Q4.\nWe expect Q1 subscription and services revenue to range between $410 million and $480 million, with crypto prices being the largest driver of where we perform within that range. In terms of expenses, we expect technology and development and general and administrative expense to grow modestly to $600 million to $650 million, driven primarily by higher stock-based compensation. We provide additional context in the letter. We expect sales and marketing expense to decline modestly to $85 million to $100 million, driven by seasonally lower NBA spend.\nIn closing, Q4 capped a strong year to our business, and we are excited for what 2024 brings. Before we turn to questions, I'd like to hand it over to our chief legal officer, Paul Grewal, to share an update on the status of our SEC case.\nPaul Grewal--Chief Legal Officer\nThank you, Alesia. As Brian mentioned, at the outset, regulatory clarity is one of our top priorities in one venue through which we are seeking that clarity is through the courts. We continue to see progress in the early stages of our enforcement litigation with the SEC. Just last month, on January 17th, the judge in our case held oral argument on our motion for judgment against the SEC.\nThis is still a very early stage of the case. It's always very hard for defendants to entirely dismiss any case at this stage, something that court statistics make clear. But we strongly believe that we are right as a matter of law, and we were grateful to see the court's careful attention to this matter and deep understanding of the issues at the oral argument. So what is next? The motion is under submission and the court did not specify any timeline for decision.\nThere are multiple potential outcomes, but we are ready for any of them. The court could dismiss the complaint in its entirety, dismiss some of the claims, but not others, or dismiss none of the claims at this early stage. Any claim that is not dismissed will then be the subject of discovery, which is a process that can take time. We are ready for discovery, if that is the next step, which would include discovery for both sides.\nAfter discovery and before trial, we'll have the opportunity to file a motion for summary judgment, which is similar to our pending motion in that it can end the case before trial. That is the type of motion that disposed of much of the ripple case. Whether the case goes to trial or is dismissed, we will get the clarity we have long sought. We are confident in the outcome, whether it comes later or it comes sooner because we're right on the facts and right on the wall.\nAnil Gupta--Vice President, Investor Relations\nSo, thank you all. With that, let's turn to shareholder questions. We are taking the most upvoted questions as determined by the number of shares. The first question, why do insiders continue to sell their shares daily? Alesia?\nAlesia Haas--Chief Financial Officer\nThank you for the opportunity to share some context around this topic. First, all of our insiders, myself, Brian, Emilie, Paul, those on the phone, and all of our insiders, we all have shared long-term conviction in Coinbase. Second point I want to make. Equity is a significant component of the compensation that we offered insiders and employees alike.\nWe believe this most closely aligns our incentives to business performance and the interest of our stockholders. Third, it's important to note that these sales account for a small portion of Insider's total holdings in Coinbase. Last, executives and the board can only trade via trading plans that are governed by SEC rules. And we maintain corporate policies governing these plans that are commonplace among public companies.\nNobody is trading based on real-time stock price movements, company news. All of our trading plans are required to be set up well in advance. Further, they're disclosed in our public financial filings, and they allow Insiders the ability to sell at a predetermined number of shares at a predetermined time or price. Our stock was up nearly 400% in 2023.\nAnd as a result, some of those thresholds were met and sales were executed. But I just want to close, we are all holding long-term conviction in the opportunities at Coinbase.\nAnil Gupta--Vice President, Investor Relations\nLet's go to our next question. What is the plan to expand revenue drivers outside of the ETF custodian plans? The market shifts quickly and Coinbase needs to be nimble, both within the US and abroad. We've seen your shift into the European markets. How will this evolve going forward? Brian?\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYeah. So I'll focus on the ETF question since there's been a lot of buzz around it. And we've always said that ETFs would be a win-win for Coinbase and we're starting to see that play out on our platform. So in preparation for this launch, we won 8 of 11 spot Bitcoin custody mandates from issuers, and today, Coinbase custody is about 90% of the $36 billion in Bitcoin ETF assets as a result.\nSo across the entire industry, we've seen over $4 billion of net inflows into spot Bitcoin ETFs. The Bitcoin ETFs are breaking records. And when gold launched in November 2004, it took one year to get to $3 billion. These ETFs did that in a few weeks.\nAnd so this is a really an incredible start. This is really just the beginning. We're now starting to see some of these issuers file for Ethereum ETFs, for example. We've been named as the custodian in five of the ETH ETF applications.\nAnd custody isn't really the only way that we're monetizing this. We're also helping with trading via Prime. We're helping with financing for trade settlement. So there's other opportunities to generate revenue here.\nFor anybody worried about cannibalization, ETFs have been positive for the industry, which has been additive for Coinbase. We're seeing elevated engagement and net inflows across both retail and institutional Q1 to date. What's even more important is that every institution is now starting to hold crypto, the asset class will be a standard part of every diversified portfolio. The financial system is officially adopting crypto.\nThis is really good, and Coinbase is the most trusted partner here.\nAnil Gupta--Vice President, Investor Relations\nOur next question, Coinbase's venture portfolio is a hidden gem that Wall Street doesn't seem to be taking into consideration in their valuation of Coinbase as a company. during the earnings call and potentially in your materials, can you highlight this portfolio and its long-term opportunity? Emilie?\nEmilie Choi--President and Chief Operating Officer\nYeah. Well, I definitely agree, it's an undervalued long-term opportunity, and I think we have a strong disproportionate advantage in the market. By the way, I should mention that the value of our portfolio is held on our balance sheet at cost is not reported at fair value. So we booted up ventures six years ago when I first joined and one of the things that Brian and I talked about was what if in the early days of companies such as Google and Facebook and others, those companies have been able to make investments in the most exciting emerging Internet companies at the time like a Strife or a Shopify.\nSo that is what we view our opportunity in the crypto ecosystem. We started it very rapidly with no dedicated team or resources. We just started investing in great start-ups, and we are now one of the most active investors in the space with more than 400 investments in our portfolio. I view our competitive advantages as having great relationships with Coinbase alums and the ecosystem.\nOne example is Farcaster that Brian mentioned before. That's one of the Coinbase alums who founded that. We also take a very long-term view. We don't panic when the market sell off.\nIt's kind of the opposite of a herd mentality. We double down when others are fearful. And we love it because it helps us get connected to the crypto frontier and to invest in the ecosystem. One area we're seeing tremendous energy around right now is the creator economy.\nSo companies such as Paragraph, XMTT, Farcaster, all of these are looking to decentralize existing social platforms. And then looking ahead, we're really excited about on-chain consumer applications such as gaming, social messaging, and media and then there's a lot of new protocol developments like restacking that we're excited about. We're also seeing a huge growing opportunity outside the US, and our portfolio has a strong footprint in the global crypto ecosystem. One other thing I should mention is that because of the US's lack of clear regulation on crypto, we are pushing a lot of innovation outside of the US.\nThe US has been losing 2% of blockchain developer share annually since 2017. And this is following the same pattern as semiconductors and 5G moving offshore. It really just reinforces the need for us to have clear legislation, and we think it's a huge opportunity that the US is currently squandering. It's also why on the venture side, we are investing globally.\nThere's a lot of interesting regional exchange platforms across Latin America, India, Africa, and other regions.\nAnil Gupta--Vice President, Investor Relations\nGreat. So with that, Sarah, let's switch and take questions from the analysts.\nOperator\nThank you. [Operator instructions] Your first question comes from the line of Ken Worthington with J.P. Morgan. Your line is open.\nKen Worthington--JPMorgan Chase and Company -- Analyst\nHi, good afternoon. Thanks for taking the question. I wanted to dig a little more into payments. We noticed the recent partnership with ledger and you announced the updates to commerce earlier in 4Q.\nAnd clearly, there is an enhanced relationship with Circle. So maybe first, how do the different pieces kind of fit together to drive what you're trying to build? Second, in terms of the use cases, is these basically cheaper remittances for retail and 365-day-a-year transfer for institutional clients? Or is there a longer-term vision? And then lastly, what does the revenue model look like for Coinbase in payments? Is it more asset-based? Or is it transaction-based? Thanks for all those.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYeah, I can take that one. Thanks, Ken. So as you mentioned, payments is one of the areas that we're exploring in 2024 around utility, and I'm pretty excited about that as an opportunity. I mentioned in the opening comments that last year, we did announce that you can send USD coins on Base and instantly anywhere in the world for free.\nSo the cost and the transaction fees and the confirmation times are really starting to come down. And the more you reduce friction, the more payments you'll start to see. And so there's a variety of different use cases for payments. Payments is a huge industry.\nSome of this you can look at in emerging markets where people have local currencies where there's high inflation and so the dollar has a great brand there. People want access to the dollar. So they're able to do that now with stablecoins and USD coin kind of gives them a trusted option that's regulated and the partner we have with Circle. They've been a great partner.\nThey're a great issuer of that. So emerging markets, demand for the dollars as an inflation hedge. I think is a starting point. And then once people have those dollars, they're going to want to start to pay for things in their ordinary course of the day with those instead of the local currency where they're experiencing that inflation.\nSo some of that is cross-border. Like you said, there's people in some of these markets they're ordering goods and services for their shops, from Asia or Europe to some of it's cross-border, some of it's for B2B, some of it's remittances. Some of it is also -- they just want to earn yield on their assets. Like as an inflation hedge is a great start, but if you can earn yield like in some of these like with USD coin, that's even better.\nSo there's sort of that emerging market use case. And then we've also dabbled in payments kind of in other areas like you mentioned Coinbase Commerce launched this on-chain payment protocol, which is really innovative. We're trying to make crypto he simplest, easiest way to pay on the Internet. Even Coinbase Card has allowed people to spend their crypto and USD coin anywhere that Visa is accepted.\nSo there's a lot of different use cases. I mean, if you kind of want to zoom out, you asked about what's the longer-term vision here. I mean we really want to update the financial system, right? We want to have crypto play a larger and larger role in the global financial system, have it be a greater and greater percentage of GDP over time. And so crypto really started off being this asset class people trade, but we now need to look at how it can improve these other areas.\nAnd payments is a huge one. And as we've seen Layer 2 solutions come online like Base, I think the time is now to start to invest in that. You asked about monetization also. I mean, look, this is all really early stage.\nSo we don't have any kind of forecast on it or anything like that. But there's opportunities for us here to monetize via Base, also via USD coin, which you can see pieces of in our financials today. So that's all long term. I think if we can drive a daily use case with crypto, even if people don't even think of it as crypto.\nThey're just -- the fees are lower. My money arrives instantly instead of waiting three business days. You may not even know it's crypto underneath, but that's how we get 1 billion people eventually benefiting from this. And I think there'll be a lot of opportunities to monetize that over time.\nOperator\nYour next question comes from the line of Chase White with Compass Point Research and Trading. Your line is open.\nChase White--Compass Point Research and Trading -- Analyst\nThanks for taking the question. So opex came in a bit higher than guidance across each line item, which appears to, at least in part, be driven by the stronger market conditions. It seems pretty clear to us at least that we're heading into a bull cycle and we're just now getting into it. I mean, obviously, that should drive trading volumes and revenues higher, and really most revenue line items potentially a lot higher.\nSo how should we think about the various opex line items if the business were to return to prior cycle highs or even higher? Like is there a need for tech and dev marketing G&A to grow significantly from the current run rates in lockstep with revenue? Or should they kind of stay flat where they are? Just a little color on that would be great.\nAlesia Haas--Chief Financial Officer\nThanks, Chase. Happy to answer that one. So broadly, we have some variable costs that will track with revenue growth, and those are largely our transaction expenses. As we've shared with you, that includes minor fees, that includes verification, and just some various costs of transaction and it also includes the payout of staking rewards.\nThose ones will drive 100% correlation with our revenue. We have a few other variable costs we will need to add, for example, more CX customer support costs. We will need to add some more network support if we see significant volume, but it will be very modest. We can absorb a lot of volume growth without adding expenses.\nThat said, we continue to look at our expense base and invest proactively in diversifying our revenue streams. And so if we see ourselves in a prolonged upmarket, we may choose to increase expenses, but we will be very transparent with the Street if we make that decision later on this year. We've given an expense outlook for Q1, where we expect some very modest changes to our Q4 results. And so at this point in time, we will communicate in that way with you and expect expenses to be pretty modest in a really challenging year for the next few months.\nOperator\nYour next question comes from the line of Owen Lau with Oppenheimer. Your line is open.\nOwen Lau--Oppenheimer and Company -- Analyst\nHi, good afternoon. Thank you for taking my question. At the House hearing yesterday, the undersecretary confirmed with Congressman Tom Emmer a report about Hamas using digital assets to raise funds was inaccurate, and crypto was not even a popular tool for terrorists. Even though Chainalysis, put a report to correct that record, it doesn't appear that it gets enough attention.\nSo I have two questions here. Could you please talk about Coinbase investments in anti-money laundering program to protect your customers and also your reaction to that conversation? Thank you.\nAlesia Haas--Chief Financial Officer\nThanks, Owen, and thanks for noticing that. We were really pleased to see that House hearing yesterday and really pleased with the correction of the record here. One, we have significant investments in AML. We have a large compliance team that has best-in-class compliance approaches the same as any other fintech or bank.\nWe follow very standard rules in this place and are governed by our MTL licenses and our Bitcoin license with NYDFS. We're really proud to be one of the most compliant crypto companies, frankly, in the world with this regard. I will share how Paul's share reaction to the hearing and maybe I'll pass it over to you, Paul.\nPaul Grewal--Chief Legal Officer\nThanks, Alesia. We were very pleased to see the Congress pay careful attention to this issue. French Hill, chair of the subcommittee, could not have been clear when he observed that the Treasury undersecretary made explicit what we have been saying all along, which is that bad actors still prefer to use traditional finance rather than digital assets to fund their activities. That I think was an important validation of something that we've been saying for a very, very long time.\nAnd Mr. Nelson, the undersecretary, also confirmed that prior reports that have been published that successful international collaboration with Israeli law enforcement had limited Hamas and its use of its digital assets ahead of the attack against Israel. So we think that the facts are clear. And we are pleased that when confronted with those facts, the Congress is underscoring that crypto is an answer to the problem of illicit finance.\nIt is not solely the problem.\nOperator\nYour next question comes from the line of John Todaro with Needham and Company. Your line is open.\nJohn Todaro--Needham and Company -- Analyst\nThanks for taking my question. First off, congrats on the quarter, pretty great results here. I have two questions on the institutional business. So it looks like take rate there went up.\nTrying to understand what drove that or if there was some other revenue that went into that institutional revenue, whether that was base chain or derivatives. And then second, as we think about Q1 '24, had the Bitcoin ETFs, has that driven more institutional activity on the platform moving forward, we should think of institution as a greater makeup share of the total volume?\nAlesia Haas--Chief Financial Officer\nThanks for the question, John. So embedded in our institutional product revenues are really two products. One is the markets business, which is our exchange, where we have market makers and liquidity providers transacting directly on the exchange and the other is Coinbase Prime. Coinbase Prime has a higher fee rate than the exchange.\nAnd so similar to the consumer side, we see mix shift driving the blended average fee rate on institutional. And we're seeing strong growth of Coinbase Prime, and it had a larger share of volume in Q4, which drove the increase in that fee rate in the fourth quarter. Going to your second question on have Bitcoin ETFs driven more into activity. As we shared earlier and Brian shared in his response, ETFs have just been net positive for the industry and additive to Coinbase.\nAnd we're seeing elevated engagement and net inflows on institutional, as well as retail Q1 to date.\nOperator\nYour next question comes from the line of Devin Ryan with JMP Securities. Your line is open.\nDevin Ryan--JMP Securities -- Analyst\nGreat. Thank you so much. From what I can track, you guys have seen a very sizable acceleration in derivatives volumes even in recent weeks, it seems like it's been accelerating quite a bit on the international exchange. So nice to see the momentum there.\nAnd obviously, we know the derivatives market is larger than the spot market. So I guess, first off, how would you frame the scaling that you're experiencing already relative to how you're thinking about the broader potential longer term? And then second, what is the user profile on take rate look like there now? And then where do you see that user mix and take rate moving over time as it matures? Thanks.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nI can start off on derivatives and then Alesia, maybe I'll turn it to you on some of the take rate questions. So thanks for tracking. We have been hitting daily all-time highs on our international exchange which has been really great. It's still early days, just to be clear, but the market, I think, has really demonstrated they want to see a trusted counterparty here built in a compliant way.\nAnd Coinbase is really the first company they've seen come along that fits that definition. So we've been making a lot of progress on our international derives exchange. We added 11 new markets in Q4. We're now up to about 70% of global TAM.\nWe announced that we're acquiring a MiFID license that will help us unlock drives in about 20 additional EU member states. We've been adding new product features like 10x leverage. We did that in Q4. I think we've had about -- it's about $16 billion in notional volume traded on international exchange in Q4.\nSo it's been really good progress on that. Same thing, by the way, for Coinbase financial markets in the US, we got license to trade US futures, which has been really great. And so, yeah, I think our daily milestone that we just surpassed actually today, it was $700 million in a 24-hour period that was on the international exchange. So really great early start.\nI think that clients are going to continue to want to prefer a trusted counterparty that's following the rules. Coinbase is the brand that can help them do that. And crypto derivatives trading is actually about 75% of all crypto trading by volume at least. The take rate is lower on it, but it is the majority of volume.\nAnd so I'm really glad that we're now starting to build our business in that area. Alesia, anything you want to add to take rates?\nAlesia Haas--Chief Financial Officer\nSure. As Brian said, we are early days in derivatives. We're excited about the progress that we are just getting started. As such, our current goal is to really gain market share.\nWe are offering tiered pricing over time. But right now, it's going to be competitive to build liquidity and attract users and we'll experiment and adjust as we scale.\nOperator\nYour next question comes from the line of Benjamin Budish with Barclays. Your line is open.\nBenjamin Budish--Barclays -- Analyst\nHi, good evening and thanks for taking the question. I wanted to follow up on one of the earlier questions on the Prime business. Can you maybe do a little bit of a dive into what specifically you're doing there? Obviously, I would assume there's some kind of execution. But what are the sort of services you provide? How are you monetizing them? And can you just confirm that revenues through Prime are also reported or confirm or not confirm that they are reported within the institutional volume metric that you give?\nAlesia Haas--Chief Financial Officer\nWhy don't I start with this? So Coinbase Prime is our one-stop shop for institutions. It comprises a suite of products, including custody, trading, financing, those are the large three that are under that umbrella. When you look at our institutional transaction revenue, that is largely the trading business. We separately disclosed custodial fee revenue and the financing business is largely in other subscription and services right now because it is still nascent and growing.\nWe haven't broken it out as a separately disclosed line item.\nOperator\nYour next question comes from the line of Pete Christiansen with Citi. Your line is open.\nPete Christiansen--Citi -- Analyst\nThank you. Good evening. Alesia, I'm a little surprised the sales and marketing is expected to be flattish, I guess, into Q1. I would think the status of the asset class, and international business picking up, Coinbase would want to lean in a little bit more there.\nI was just wondering if you could talk to those dynamics. Maybe you're seeing different mix shift that's impacting it between institutional or retail or maybe you're seeing better marketing efficiencies. Just wondering if you can walk us through that progression and how you're seeing the setup for this year.\nAlesia Haas--Chief Financial Officer\nThanks, Pete. So a large part of our sales and marketing spend is actually in brand spend and we have seasonality with an NBA contract. And so what you see is a shift in spend between Q4 and Q1, where we will spend materially less on that NBA contract and redirect that spend to other areas, which is leading to a slightly down guide for Q1 versus Q4, but we are reinvesting. We are really proud of our marketing efforts, and I might call Emilie and to answer some of those questions, but we really feel like we hit our stride with marketing over the last year and are continuing to lean in and invest where we see strong ROI and strong return on those investments.\nEmilie Choi--President and Chief Operating Officer\nThankfully, the marketing investments have been very high ROI as one of the things that we've demanded since we've implemented the program. And I think that we're going to continue to test the boundaries of it, especially as we expand more and more into policy marketing to get our messages across to policymakers.\nOperator\nYour next question comes from the line of Bo Pei with US Tiger Securities. Your line is open.\nBo Pei--Tiger Securities -- Analyst\nHi, management. Thanks for taking my questions. So some questions on the retail take rate. So with the recent approval of Spot Bitcoin ETFs, most people believe crypto is now becoming a more mature asset class.\nAnd typically, as a new asset class becomes more mature, one should expect trading designs to become cheaper. So do you think crypto investors have become more sophisticated now? And do you see more traders migrating to the Coinbase advanced platform? And do you expect the trading take rate to gradually decline to below 1% in this crypto cycle like in the last one and a half years or two years? If this happens, do you believe the volume increase can more than offset the take rate decline? Thank you.\nAlesia Haas--Chief Financial Officer\nThanks, Bo. I'll share since we went public, we've received a question on fee rate and fee rate compression or cannibalization every quarter. And we have yet to see that phenomenon on our platform, and we have yet to see that as a result of the ETFs as well. As we shared, even in quarter-to-date Q1, we've seen net inflows across both retail and institutional, and we have not seen any shift in our customer behavior as a result of the ETFs, all we've seen is ETFs being a net add to the industry net positive for Coinbase, net positive for the industry overall with more engagement across the board with both our retail and institutional clients.\nWe've shared over time, we agree with you with the thesis that as you see commoditization, you should see fees come down. but we do not see that today, and we continue to see customers choose Coinbase for the breadth of our product offering, the security of our platform, and we think that that will continue to persist for some time.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nYes. Sorry, I just wanted to add. I mean, just a reminder, the entire industry, we've seen about $4 billion of net inflows since the Bitcoin ETFs launched. I think that's really additive.\nThe thing to remember here is we want crypto to really update the global financial system. So that means we need to get it integrated into more and more parts of the financial system. Every time that that happens, we're sitting here cheering for it. We want fees to come down and make it lower friction for people to get into crypto through all kinds of different vehicles.\nETFs are a massive way to get more capital to come in. So far, we have not seen any cannibalization. As Alesia said, it's been additive for Coinbase, and we're seeing elevated engagement and net inflows on both retail and institutional Q1 to date. So in my view, the ETFs are just a totally positive thing.\nAnd the more institutions that kind of get their feet wet with crypto, whether it's through an ETF or any other way, the better because they're eventually going to be using it in other ways, holding it on their balance sheet, paying their vendors, doing payroll. We want crypto to power more and more of global GDP. And we've got to get this happening through every opportunity we can. So ETFs are incredibly positive, I think, for our business.\nOperator\nYour next question comes from the line of Joseph Vafi with Canaccord Genuity. Your line is open.\nJoseph Vafi--Canaccord Genuity -- Analyst\nHey, guys. Good afternoon. Thanks for taking my question Nice results. I've got a few, but maybe I'll just focus my question on a follow-up to the previous one.\nI mean owning the underlying spot versus owning an ETF may seem the same for some investors, but I'm sure you thought a lot about owning the underlying spot versus an ETF and your differentiation in that. And so it would be great to hear what you see perhaps as the benefits of owning a Bitcoin outright versus owning an ETF. Thanks a lot.\nEmilie Choi--President and Chief Operating Officer\nI guess I'll start and Alesia, maybe you can just pop in One of the things we wanted to do in this ecosystem was to play the role where we have the kind of strongest competitive advantages. And because we've invested so much in the custody solution and the prime services, it felt like a really good area for us to play, and that's why we garnered the majority share when we were working with these ETFs. Separately, we also want to make sure that we are able to invest in solutions where clients can invest in different crypto assets, and we have CBAM, Coinbase Asset Management, as something separate from that. But I think we're trying to play the role that it's best for us in each different part of the value chain.\nAlesia, anything to add to that?\nAlesia Haas--Chief Financial Officer\nOne thing I'll share is that the majority of customers on our platform do more than just on Bitcoin. Most customers own more than two crypto assets. If you look at our trading volume for Q4 42% of our trading volume was in other crypto assets, not Bitcoin, not Ethereum, not USDT. So I think that what we believe is that the Bitcoin ETF is introducing new capital folks that were not coming to the spot market, folks that may want to invest to their 401k, invest in a fund, and that's where we're seeing more adoption, more growth, more awareness of this asset class.\nBut what we see is that when people start to learn about Bitcoin, they often then become excited about another asset, and they want to use that asset. They want a stake. They want to explore the crypto ecosystem in the decentralized applications. And so we're delighted to see the expansion of users and investors in this asset class.\nWe believe this is going to be just net additive to the space.\nAnil Gupta--Vice President, Investor Relations\nSarah, we have time for one more question, please.\nOperator\nThank you. Our final question will come from the line of Alex Markgraff with KBCM. Your line is open.\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nHey, everyone, thanks for taking my questions. Maybe two, first one for Paul, if I could. Just on the challenge of SEC's decision not to engage in rule-making. Just could you give us an overview of the process here and sort of the range of outcomes that you're looking for?\nPaul Grewal--Chief Legal Officer\nI'm happy to do that. You're referring, of course, to our petition that we filed in the Third Circuit Court of Appeals, challenging the decision of the SEC to reject or deny our request for formal rule-making. That challenge is moving ahead. We were gratified to see the court set a briefing schedule.\nA briefing will begin next month and continue on into the spring on this question of whether the SEC act within its discretion in denying those that request for rulemaking or acted arbitrarily capriciously and denying our request. We're confident that the third circuit will see it our way, and we look forward to the opportunity presenting our arguments at the appropriate time.\nAnil Gupta--Vice President, Investor Relations\nGreat. Well, that's it for today. Thank you all for joining us, and we look forward to speaking with you again next quarter.\nOperator\n[Operator signoff]\nDuration: 0 minutes\nAnil Gupta--Vice President, Investor Relations\nBrian Armstrong--Co-Founder and Chief Executive Officer\nAlesia Haas--Chief Financial Officer\nPaul Grewal--Chief Legal Officer\nEmilie Choi--President and Chief Operating Officer\nKen Worthington--JPMorgan Chase and Company -- Analyst\nChase White--Compass Point Research and Trading -- Analyst\nOwen Lau--Oppenheimer and Company -- Analyst\nJohn Todaro--Needham and Company -- Analyst\nDevin Ryan--JMP Securities -- Analyst\nBenjamin Budish--Barclays -- Analyst\nPete Christiansen--Citi -- Analyst\nBo Pei--Tiger Securities -- Analyst\nJoseph Vafi--Canaccord Genuity -- Analyst\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nMore COIN analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Global (COIN) Q4 2023 Earnings Call Transcriptwas originally published by The Motley Fool", "• Comprehensive SWOT analysis based on the latest SEC10-Kfiling.\n• Financial overview highlighting Coinbase's revenue streams and market positioning.\n• Strategic insights into Coinbase's competitive advantages and market challenges.\n• Forward-looking statements on Coinbase's plans to leverage its strengths and address potential threats.\n• Warning! GuruFocus has detected 6 Warning Signs with COIN.\nOn February 15, 2024, Coinbase Global Inc (NASDAQ:COIN), a leading cryptocurrency exchange platform, filed its 10-K with the SEC, providing a detailed account of its financial performance and strategic positioning. Founded in 2012, C Last 60 Days of Bitcoin's Closing Prices: [42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-16 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,019,061,437,200 - Hash Rate: 544386616.4219546 - Transaction Count: 312782.0 - Unique Addresses: 613011.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lqtence', 'Is investing into SOL right now a good decision?', 17, '2024-02-16 00:54', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', "Hi, i'm pretty new to cryptocurrency. \n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nI know i'm quite late to the party, but do you guys believe it is just a bull run from here on up? Or is there any chance for the market to dip around March or so, again, i'm pretty clueless on this stuff. \n\nHow about ETH? Would that be a smart move to invest in or not and how does Sol compare with other coins such as Avalanche, XRP, Coinlink, etc.\n\nAny help would be greatly appreciated", 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', '1aru9g7', [['u/PhenomeNarc', 42, '2024-02-16 01:05', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm3a6a/', "Brother, you're coming to a sub dedicated to Solana, asking if putting cash in now would be good.\n\nThe answer is yes.", '1aru9g7'], ['u/stepTOF', 10, '2024-02-16 01:13', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm4hv5/', 'who ever told you this… (like the rest of us) doesnt have a crystal ball. \n\nCould dip to 40 or it rockets. \nAll I can say is, dont get left behind 🥳🥰', '1aru9g7']]], ['u/Lqtence', 'New to cryptocurrency, need help', 10, '2024-02-16 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', "Hi, i'm pretty new to cryptocurrency.\n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nWith this out of the way, what do you guys think, what type of portfolio would best suit my needs? Granted the low investment, I believe smaller cryptocurrencies would be the right call\n\nI've shortlisted a few, \n\nSol, AVAX, XRP, Chainlink, Cardano and ETH\n\nWhich one do you think is the best call and how should I diversify? + Is it the right time to invest at the moment, given we're anticipating a huge bull run in the near future. Are there any dips expected in the coming weeks, or should I just press the button and invest. \n\nSorry for the cluelessness, any help is appreciated\n\nThank you", 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', '1aruinp', [['u/Hank___Scorpio', 15, '2024-02-16 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm61jw/', "Sounds like your money is the problem you're having.\n\nMake more money. Gamble less.", '1aruinp'], ['u/Racenmotorsports', 21, '2024-02-16 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm7nnh/', 'I threw 100 in btc last week. Made $24. 24% return not bad. Got to start somewhere.', '1aruinp'], ['u/Deez1putz', 17, '2024-02-16 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqme6u6/', 'Buy Bitcoin, get a job, buy more Bitcoin.', '1aruinp'], ['u/416_Ghost', 10, '2024-02-16 05:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqn7xaj/', "New to crypto? And I'm assuming new to the sub? Here's some advice, ignore your dm's", '1aruinp']]], ['u/klawzewitz', 'Lego Block Chain', 17, '2024-02-16 02:31', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', 'Just a quick question. Maybe I missed, but I haven\'t seen anyone mention this point.\n\nOne of the witnesses today said he heard Craig say "Lego blockchain" therefore using this as an evidence that craig was somehow working on Bitcoin (which is a blockchain).\n\nEven when we ignore the fact that the term came much later, how is this even considered evidence?\n\nLet\'s agree that the guy actually heard Craig say that. Do you think he said "Lego blockchain", or "Lego block chain"?\n\nIn fact, it would be weird to say "Lego chain". When people refer to each individual lego piece they say "Lego blocks". If it\'s a chain made up of Lego blocks, it\'s "Lego block chain".\n\nNot "Lego Blockchain".', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', '1arwcbz', [['u/anonymouscitizen2', 12, '2024-02-16 03:22', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/kqmo0fy/', 'Lego batman joker set. With Receipts.\n\nGoodbye COPA. You are finished.', '1arwcbz']]], ['u/QuantenMechaniker', 'Bank payment received & missed it', 25, '2024-02-16 02:33', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', "X 1XXXX creditor here, i received my bank payment on the 26th of January and failed to realize that I got paid. Still can't really believe it but the money is in my account.\n\na couple of days ago, i also received word from Kraken that my account is in good standing. can't wait to see what little BTC I had left before the exchange went down finally returning to me.\n\nwhat a ride this last decade was. i remember sending a very angry email to the mt gox support in February 2014 for not receiving my funds.", 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', '1arwe6e', [['u/joncolours', 10, '2024-02-16 02:55', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqmk02z/', 'Either you’re really rich or the payment was inconsequentially small.', '1arwe6e'], ['u/8XtmTP3e', 16, '2024-02-16 07:43', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqnk1p9/', 'Or, like me, the process has just taken so damn long that it’s in a bank account you don’t use. I’ve moved banks three times or more but I have to keep this one account open because it’s probably easier than trying to contact the trustee to change it. But this will be the last payment in/out of it', '1arwe6e']]], ['u/Out_Of_The_Bl00', 'Finally out of crypto, all in on VTI/VXUS', 190, '2024-02-16 02:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', "In highschool I went wild on crypto purely as a gamble/meme. I had put in over the last decade just holding onto it and slowly letting some go. It bubbled to 60k and I let it pass. I said no more and 50k I would exit. I started to sweat when it hit 25k down from 65k and was stressed but I had no reason to be in reality. I had already made my initial investments and mining efforts back and then some. There wasn't anything materially lost on my end, but I was in knots. That's when I knew it had to stop.\n\nI started to think as I got older, now in my 30s, I can't tolerate that kind of risk anymore. What if I die tomorrow, how would anyone benefit from my magic coins. Or know where they are to recover and handle them. Considered doing a will, which I may still do, but after putting a lot of legwork learning about bogleheads and profiting here too, I decided to pull the trigger.\n\nI put half a million into VTI and VXUS today, 60/40 roughly but I didn't even do an exact math. I already have bonds in my 401k which in general I've also converted to a similar bogleheads split btw. Immediately, I felt better and less stressed, I saw it popped up further and I would've normally done the math to figure out how much I missed out on. But I'm not going to look anymore.\n\nNot everyone will agree with this and I've reconciled that BTC could explode to 100 or more and I'll miss out, but I'm very happy with what I have. When the multiple transfers cleared and it was in my bank, I was relieved and feel like I got out from under something that had been haunting me for many years. What went from funny money to reality became a constant checking of my phone for the price and watching charts. Id miss big waves and kick myself over it. Or id try to react to a swing and miss big time on the next run. Those missteps cost me more than pulling out and investing sooner in something more stable.\n\nThank you to the sub and the people active here all the time. Along with the FAQ and chart. I feel financially more secure the more I visit and read here. I've successfully gone all in on backdoor roths and even doing my own taxes each year. I've put aside the money I roughly expect in taxes this year and even for next year which will be big for this year. Before the sub, I was like an infant with this stuff and I couldn't be more grateful!", 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', '1arwesr', [['u/Key_Enthusiasm4481', 171, '2024-02-16 02:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmj50u/', 'You chose to invest your life savings by betting on the World instead of shitcoin shills that have zero value.\n\nThink you made the right choice.', '1arwesr'], ['u/Out_Of_The_Bl00', 35, '2024-02-16 03:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmltgj/', "Thanks. I felt that BTC is a superior coin to the rest of the bullshit, I may still maintain a bit of that but in the end, it's always been funny money to me. I held on merely as a gamble this whole time. I've had actual conversations with myself about going out to a casino, and said no, I'm going to put that money into BTC instead.It just happened to work in my favor. At the end of the day, I needed to start being way more responsible with risk management and my future. Especially if I croak, I don't want the value to vanish.\xa0", '1arwesr'], ['u/Important_Message_57', 19, '2024-02-16 04:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmybr0/', 'Exciting soon also.', '1arwesr'], ['u/Wolverine1850', 50, '2024-02-16 05:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn2qj7/', '"shitcoin shills that have zero value."\n\n!Remindme 10 years', '1arwesr'], ['u/MassiveConflict7624', 13, '2024-02-16 05:11', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn3849/', 'Nice. I had 25k in GBTC. Sold at $36 and it popped to $44. But glad to get out of the ups and downs. All in VTI.', '1arwesr'], ['u/ThunderousArgus', 22, '2024-02-16 05:14', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqn3lz4/', 'You should allocate 1% to IBIT out of respect', '1arwesr'], ['u/stoodis-', 46, '2024-02-16 06:59', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnfriy/', 'Seeing actual proponents of Bitcoin \'investing\' in /r/Bogleheads never ceases to amaze me. \n\n> BTC current price: $52,363\n\nBTC price 180 days ago: $26,048\n\nBTC price 2 years ago: $41,433.60\n\nBTC price 3 years ago: $61,283\n\nYeah this definitely seems like a stable \'investment\' approach which is characterized by low-cost, tax-efficient, long-term simplicity, not a highly volatile speculation. \n\nIf you want to buy crypto because you personally believe in some vision about decentralized currency, whatever. If your argument for buying crypto boils down to this though - "line go up!!" - you deserve every dollar you lose.', '1arwesr'], ['u/stoodis-', 13, '2024-02-16 07:22', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqni2hd/', '> I feel no need to appeal to authority or "No true boglehead fallacy"\n\nIt isn\'t a "No true boglehead fallacy" when a term with a very clear, inarguable definition. \n\nActive investing into individual securities/currencies/stocks/etc. is by definition contradictory to passive index investing. This is a community about passive index investing.\n\n> and what a \'boglehead\' would invest in bonds, i choose to save in a money with a fixed supply that is unconfiscatable and can\'t be debased. \n\nIt is your choice - I can not tell you what to invest your money in - but this is just factually incorrect. Very numerous times people\'s crypto has been confiscated and "debased" by the operators of these coins. These notoriously unaudited companies, such as Tether, are not worthy of trust and have been accused (and in some cases convicted) numerous times in the past of fraudulent behavior up to and including just outright taking everyone\'s coins on the platforms. \n\nAnd unlike something like Gold or similar, it does not serve as a store of value and hedge against financial crises, financial corruption, or inflation - as recent events have demonstrated. Lacking any inherent cash flow, the only reason it has a price at all is due to greater fool mechanics and FOMO. That does not even come close to the functioning purpose of a bond, or even a fixed supply asset like gold.', '1arwesr'], ['u/HelmsDeap', 28, '2024-02-16 07:26', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnih1o/', "I am mostly Boglehead but I have some of the devil's coins myself.\n\nIt sounds like this was the right move for you. But I do think the halving coming up in April and the months following will skyrocket BTC. Most people in this sub don't have that risk tolerance for this though.", '1arwesr'], ['u/Out_Of_The_Bl00', 13, '2024-02-16 07:43', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnk1id/', 'I thought about the halvening as well. I used to buy up a few a month or two before each. But this time my final decision was to eject if it hit 50k again, no question. I hope lots of folks make it big if it pops. I suspect it will.\xa0', '1arwesr'], ['u/Out_Of_The_Bl00', 11, '2024-02-16 07:51', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnkrcd/', "Thanks, I wish y'all good luck on it and hope it gets that high!\xa0", '1arwesr'], ['u/stoodis-', 41, '2024-02-16 08:01', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqnlof7/', '> "If you said … for a 1% interest in all the farmland in the United States, pay our group $25 billion, I\'ll write you a check this afternoon," Buffett said. "[For] $25 billion I now own 1% of the farmland. [If] you offer me 1% of all the apartment houses in the country and you want another $25 billion, I\'ll write you a check, it\'s very simple. Now if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn\'t take it because what would I do with it? I\'d have to sell it back to you one way or another. It isn\'t going to do anything. The apartments are going to produce rent and the farms are going to produce food."\n\n* Warren Buffet, 2022', '1arwesr'], ['u/miarsk', 73, '2024-02-16 08:28', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqno00o/', 'Hey, being boglehead is almost as exciting as trading crypto! Just ask for opinions on that 60/40 allocation and you will see how passionate can people get on this sub.', '1arwesr'], ['u/stoodis-', 12, '2024-02-16 09:35', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqntnbw/', '> Your subjective definition of bitcoin not being money due to volatility is just that; subjective.\n\nBitcoin being incredibly volatile is not "subjective", it is fact.\n\nBitcoin having incredibly slow transaction speeds and high transaction fees is not "subjective", it is verifiably true. A legitimate currency does not take up to days to process transactions and cost you thousands of dollars in fees to do simple transfers.\n\n> No money has cashflow. It is money, not an investment. \n\nThen why are you including it in your investment portfolio?\n\nYou want your cake and to eat it too. It\'s schrodingers investment. First it\'s a bond hedge part of a reasonable investment portfolio, line go up! Well no, actually it doesn\'t need to have value, it\'s just currency, like a dollar!', '1arwesr'], ['u/pinkfreude', 18, '2024-02-16 11:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqo4ief/', '[Cryptocurrency mining accounts for somewhere around 0.6 to 2.3% of US electricity consumption](https://www.eia.gov/todayinenergy/detail.php?id=61364). I find it hard to argue that they provide enough societal benefit to offset the climate cost.', '1arwesr'], ['u/Out_Of_The_Bl00', 12, '2024-02-16 13:36', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqof21v/', 'So much squandered early on and got goxxed to boot, but yes exactly.\xa0', '1arwesr'], ['u/JaraCimrman', 12, '2024-02-16 14:15', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqojx6a/', 'All he had to do was self custody and not leave his net worth with an uninsured 3rd party. Very stupid decision.', '1arwesr'], ['u/Typical-Ad7222', 16, '2024-02-16 18:00', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqpk456/', 'Good news, it’s responsible to do both now. The truest boglehead way is to allocate according to total market cap weights. Given BTC’s current $1T market cap, an allocation of 1-2% BTC is prudent. Anyone who says otherwise is effectively tilting their portfolio away from market cap weighting.', '1arwesr']]], ['u/LoTheReaper', 'Wallets?', 21, '2024-02-16 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/', 'So sorting through the opinions on here is overwhelming. Don’t get ledger get Trezor. Don’t get this, get that, this is secure- NO ITS NOT. The whole reddits around wallets makes me want to throw up.\n\nLike before I even buy a single piece of crypto, all I can see is people condescending to each other. \n\nJust looking for a wallet to hold my bitcoin as an app on my iPhone and a cold wallet that isn’t 250$ like I’m not doing quantum computing and fighting invisible skynet trying to take my 10$ of bitcoin, I’m just a dude who wants a safe place for my coin.\n', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/', '1arymtz', [['u/Agitated-Air-6043', 19, '2024-02-16 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1arymtz/wallets/kqn4o21/', 'Blockstream jade is a good cold storage wallet that is for Bitcoin only and it has an app to view your balances and send/receive. It’s cheap too.', '1arymtz']]], ['u/DrownedSkelpie', 'Rant: Absolutely Betrayed by "Garnet Flats" by Devaney Perry', 81, '2024-02-16 05:23', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/', 'I don\'t know if I can properly articulate how angry and upset and betrayed I feel after this book and this is the only place where I feel that I can properly get it out. \n\nSo I\'m currently reading the Eden\'s by Devanny Perry which is a romance book series about a family that whose ancestors founded a town in Montana, pretty classic small town setting with an element of suspense in all of them and I thought the premise was pretty interesting.\n\nMinor spoilers ahead, and I deeply apologize for how long this is.\n\nThe first two books in the series I enjoyed. I thought that the female main characters were great. The guys were a little cardboard cutout but overall good. The second book in the series I absolutely loved and adored, the couple was amazing and the character arcs were well done and I just really enjoyed it. I was really excited for the next book in the series.\n\nThen came Garnet Flats.\n\nI was definitely skeptical about this book as on Goodreads its the lowest rated book out of the series at around like three and half stars, and because it is a second chance romance which I\'m not usually a fan of, but I thought that I enjoyed the other ones so that this one would be good.\n\nBetrayal.\n\nThe premise of this book is that the female lead and the male lead, Talia and Foster went out for like a year and a half seven years ago and the way it ended is that they were talking about moving in together and then Foster comes in one day and tells Talia that he is in love with her best friend and is going to ask her to marry him in a week.\n\nWhat?\n\nTake note this isn\'t the trashy ex this is the main male love interest.\n\n Flash forward to the current day. After the breakup she went on to get her medical degree and then move back home to work at the local hospital and she hasn\'t dated or been with anyone since Foster. But shes still "moved on". Then Foster comes back into town and at first she is understandably angry. She doesn\'t want to speak to him.\nWhen I tell you how mad this man made me with how pushy he was, how entitled he felt to explain himself and his actions despite the fact that he was invading her life despite her saying several times that she didn\'t want to speak to him and didn\'t want him around. He would wait at her house, go to her place of work to try to get her to listen to him. Even though it\'s fully her decision whether or not to talk to him, which he doesn\'t get.\n\nBut of course eventually she caves in. Not to hear him out but to have sex.\n\nWhat?\n\nThey haven\'t cleared up anything and they\'ve already had sex.\n That is such a huge problem for me, in this book there is no groveling by Foster for what happened all those years ago. He keeps talking about winning her back but he doesn\'t actually do anything for her? He just pushes his way into her life with the expectation that she\'ll forgive him and she\'s just like fine with it because they still have chemistry and he\'s hot. They get together way too fast, how am I supposed to enjoy spicy scenes when I hate him???\n\nBut then his reasoning for why he broke up with her and married her best friend for 7 years is so bs and I don\'t accept it, communication would have solved all the problems, and it\'s 7 years omg, that\'s not a short amount of time!\n\nBut let\'s pretend I did accept his reasons and he had a solid excuse to do what he did. This man. Still talks to his ex-wife. Every. Single. Day. And calls her his best friend. While he\'s trying to get with Talia.\n\nSomehow that\'s not an immediate no. And then we find out that the ex-wife, her name is Vivi, is moving to Talia\'s town with her daughter who Foster considers his daughter and has been actively helping raise her and she calls him Dad. Even though he claims that the marriage was just for show, but that\'s he views her as his daughter and a very large portion of the book is dedicated to him and his daughter, and it\'s revealed that he really moved there because he thought it would be a good place to raise his kid. Not just for Talia as he claimed. And also thinks Talia would be a good mom to her.\n\nThrow up.\n\nSo then Vivi shows up and tries to talk to Talia and Talia obviously doesn\'t want to talk to her (if my best friend married the guy I was in live with I wouldn\'t be too happy either) but is forced to kind of forgive her because Talia is a doormat and doesn\'t know how to stick up for herself. Even though Vivi is actually the worst character an author has tried to make me feel sorry for ever.\n\nMini rant about Vivi: what a btch. She is one of the most selfish manipulative pick me characters and it\'s unbelievable to me that the author tried to make her into a sympathetic character at all. There were so many other options she had other than marrying her best friends boyfriend (almost fiance since he had bought a ring for Talia before everything went down) just so she would feel safe and have someone reliable to help raise her kid, knowing that Foster would say yes because he\'s the nicest person on the planet and also has no spine.\n\n But all the while he was expecting that Talia would wait for him until they (Vivi and Foster) were able to break up and then also has the balls to feel upset at the thought of her sleeping with other guys when he\'s the one who broke up with her and broke her heart. And then has Vivi has the f****** balls to feel uncomfortable that Talia is in a relationship with Foster as Foster still sees her daughter and has visitation with her daughter and she feels uncomfortable with Talia being around her daughter but says "If it\'s anyone I\'m glad it\'s you" even though Foster and Talia wouldn\'t have to be in the situation if it wasn\'t for Vivi\'s own decisions and manipulations.\n\nAnd then what she pulls at the end of the book is just horrendous and the fact that she faces basically no repercussions for it aside from Foster being upset for her a bit, but then he forgives her by the end of the book which is insane. It\'s actually insane. I was praying for her to die. I don\'t think I\'ve ever hated a character as much as I\'ve hated her.\n\nEveryone in this book was frustrating to read about. I didn\'t like any of them, even the characters I liked in previous books I didn\'t like in this book because they were butchered for the sake of this trash story that the author wanted to tell. Her family which in the previous books were great, supportive, funny, loving, for some reason in this one were was okay with Talia getting with this guy who is obviously a terrible person and even at one point her sister says that she\'s glad that her ex is back in town and harassing her because it\'s making her show emotion????\n\nTalia was such a doormat, Foster was a self-absorbed asshole who I feel should be the toxic ex in the book that is used to make the main male character look better because he\'s so horrible. The book would have been so much better if she had gotten with a guy who actually treated her right.\n\nAnd in previous books the best part was the personal character arc that the female lead would go through. The author was so good at writing women and then in this book Talia basically had no character arc?? She had a whole thing where people at the hospital weren\'t respecting her as a doctor because they knew her as a kid and so they didn\'t see her as an adult and it\'s just never really resolved? I don\'t think that even at the end of the book they call her Doctor Eden. They still just call her by her first name and that\'s never really resolved and it\'s very frustrating that she just never speaks up for herself towards anyone who has done her wrong really.\n\nThis is getting long so let me just tell you if you plan on reading this series. Skip this book for your own sanity please. I\'m still angry. I\'m upset that I wasted my time reading it and that this is even in my mind.\n\nIf anyone else has read this I\'m sorry and please tell me that you also feel the same because I\'m shocked that it\'s rated as highly as it is on Goodreads because it\'s actually the worst book I think I\'ve ever read.\n\nThank you :\')\n\n\n', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/', '1arzqrm', [['u/Hunter037', 15, '2024-02-16 07:51', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnkq9z/', ' Censoring words makes it harder to search the sub for posts, makes content less accessible for screen readers and harder for users to filter out potentially triggering terms, and promotes a community norm we do not want to encourage in RomanceBooks. Please consider editing your post to remove censoring.', '1arzqrm'], ['u/Lightmaker89', 42, '2024-02-16 08:21', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnndn6/', 'Yep. All this. I loved the first two books and this one nearly made me quit the author entirely. I hated how weak she was and only finished the book because I truly wanted it to end with a total plot twist - have Talia give both Foster and Viv an epic ass-kicking, never speak to them again, and then find her HEA with someone else. Hated this one so much.', '1arzqrm'], ['u/rmnc-5', 18, '2024-02-16 09:57', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqnvf5x/', 'Definitely skipping this one!!! Wtf??!!!!', '1arzqrm'], ['u/PocketPo', 32, '2024-02-16 12:15', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqo6t46/', "This book sounds horrible, thank you for reading it so I don't have to. But now you have me wondering... Can you give spoilers on why he left for the ex-best friend seven years ago, and what did Vivi do at the end that was so terrible??", '1arzqrm'], ['u/DrownedSkelpie', 28, '2024-02-16 16:28', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqp3xcy/', 'In the book he\'s a mid weight UFC champion and his trainer convinced him to throw an underground fight for money, then black mailed him into marrying Vivi. Vivi had gotten pregnant after messing around with one of the people who ran these fights, super shady guy, and was so scared of him that her dad convinced her the only way she would be protected was to marry Foster.\n\nSo it\'s Vivi\'s selfishness and Foster\'s greed that got them into this mess, and honestly there\'s so many ways they could\'ve handled this differently and they never give a good reason for why they didn\'t tell Talia the truth when it happened.\n\nAt the end of the book Foster has his last match in the ufc before he retires so they go to Vegas where Vivi reveals that her boyfriend (she\'s been seeing a guy for years, he thought she was "really" married ugh) is in alot of debt with some shady people and then asks Foster to throw his last fight as he bet on the other guy.\n\nWtf?????\n\nLiterally the whole reason this entire bs situation happened and she wants him to do it again?? Foster is understandably upset (one of the only times I agreed with him) but just gives her the cold shoulder and Talia feels bad for her (????) and convinces Foster at the end of the book to forgive her (!??!?)\n\nJust really frustrating stuff.', '1arzqrm'], ['u/DarkHairMorallyGray', 12, '2024-02-16 16:58', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqp97uu/', 'I also couldn’t read more after this book. I don’t know how it could possibly be a love story and thought anyone in Talia’s life that encouraged her to give him a chance were nuts. You’re a shitty family/friend if you see someone you care about in the situation and your response isn’t to help them with a restraining order. I hated them all, and nothing about this book felt like a HEA. I never recommend her books for that reason.', '1arzqrm'], ['u/DrownedSkelpie', 13, '2024-02-16 18:37', 'https://www.reddit.com/r/RomanceBooks/comments/1arzqrm/rant_absolutely_betrayed_by_garnet_flats_by/kqpqniq/', "He says he stayed celibate the entire time he and Vivi were together and that Vivi doesn't have feelings for him, but that feels so incredible unrealistic to me. It's seven years that they lived together in the same house and raised a kid together, and considering the kid fully thought their relationship was real it's very possible they slept in the same bed. I think the author wanted to use him not sleeping with other people as a reason that Talia should take him back but that's not her problem? Ugh I'm mad again lol\nAnd Foster has helped raise her daughter all this time and views her as his own, and because the point to them getting married was so the baby daddy wouldn't come after Vivi and her kid, everyone else also believes the daughter is his so he has actual custody over her. Even while chasing Talia around he continues to place Vivi and her kids needs above Talia's which really frustrates me because she deserves so much better ughhhhhh", '1arzqrm']]], ['u/so-whatnow-', 'Why do some people think bitcoin is a scam? What do they mean by this', 75, '2024-02-16 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/', 'I get other alt coins being a “scam” but I don’t understand what they mean when they say it about bitcoin. I mean its shown to have real use, and its gotten pretty big especially with the etfs\n\nI don’t know a ton about bitcoin but I’d like to learn why some people think it’s amazing while others think it’s a complete scam. What exactly do they mean by “scam” what do they think will happen to it? Do they think it’ll just crash and never recover?', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/', '1as056s', [['u/Normal-Jelly607', 86, '2024-02-16 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqn9lxt/', '“It’s not backed by anything” or “has no intrinsic value” are the typical examples people give when saying it’s a scam', '1as056s'], ['u/PorkSwordEnthusiast', 112, '2024-02-16 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqn9ote/', "They don't really understand it", '1as056s'], ['u/simpledude92', 51, '2024-02-16 06:07', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqna5ze/', 'It means that they or someone they know invested, lost some money and thats it', '1as056s'], ['u/Theunknownman_', 24, '2024-02-16 06:11', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnaj9k/', 'Bitcoin are for people that are afraid to work 8 hours…\nMonday to friday…', '1as056s'], ['u/AfroAmTnT', 23, '2024-02-16 06:32', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqncvk5/', "People don't understand the value in assets that are not tangible, so they consider it to be fake", '1as056s'], ['u/marshyr3d1and', 36, '2024-02-16 06:39', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqndnm0/', "It's a word used by the ignorant. I was talking to a shitcoiner the other day who asked why on earth would anyone get into bitcoin when it's value is about to halve? !!!", '1as056s'], ['u/Ajax_ZQN', 73, '2024-02-16 06:47', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnekcb/', 'Again, this tired old “no intrinsic value” argument is made by people who understand neither bitcoin nor the meaning of the word “intrinsic”.', '1as056s'], ['u/Ajax_ZQN', 15, '2024-02-16 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnepow/', 'Fuck me. If this guy was any dumber he’d be Gomer Pyle.', '1as056s'], ['u/so-whatnow-', 11, '2024-02-16 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnepy5/', 'My bank account isn’t tangible though', '1as056s'], ['u/Rincewind00', 14, '2024-02-16 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqngj01/', 'I think there\'s two reasons:\n\n1. Its value is being lauded as a speculative asset, derived from increases generated solely from increased demand, and not as a stable asset. Buying it leads to higher prices, which raises hype, which leads to higher buying, and repeat. The hype cycle doesn\'t seem sustainable. Once investing starts to slow, the market value would stagnate compared to actual business ventures that generate actual income and value, so Bitcoin would inevitably be sold, starting the inverse of that cycle.\n\n2. I heard on a finance podcast that, for a lot of difference digital currency brands, much of the coins are held by just a few key shareholders, risking the likelihood of a "pump and dump" because those key shareholders are betting on #1 happening and they want to sell their stock before the crash, with said selling actually causing it.\n\nBasically, it\'s treated like a scam because it\'s being valued based on hype and hype can easily be manipulated by scammers intending to sell their stock before the hype dies down. \n\nNow, if it\'s treated like an actual stable asset, as a baseline to measure against the inflation of fiat currencies, that could be better, albeit less financially rewarding. Take gold for example: historically used as, sort of, a stable currency, with practical applications in electronics and other industries even, and yet it has negligible returns that barely keep up with inflation. Ideally, that is how I would expect Bitcoin to be treated: once it stops being used speculatively, it stabilizes, and would be used to preserve value in one\'s portfolio rather than increase it.', '1as056s'], ['u/lostinpairadice', 37, '2024-02-16 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnignw/', "It's got deep fucking value", '1as056s'], ['u/road22', 19, '2024-02-16 07:32', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqniyhn/', 'More and more get educated every bull market. it will be hard to spread lies that BTC is a scam when it breaks 100K', '1as056s'], ['u/AD-Edge', 11, '2024-02-16 08:06', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnm36d/', "Correct. If you say this to people claiming Bitcoin/crypto isn't tangible, you can watch in fascination as their minds implode a little. Seriously, if they say this then quiz them on what they mean, and provide them with questions about how the 'real world' operates.\n\nMost people don't realize, or even think about the fact that their bank money doesn't all sit in stacks of cash in some massive looney toons safe out back.\n\nAdditionally, most people don't even have a solid concept or idea of what the word 'value' even means.", '1as056s'], ['u/JaJe92', 26, '2024-02-16 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnmzn5/', "So does Fiat money. It's not backed up by gold anymore, it's made out of air and can be printed infinitely. Yet people don't consider that a scam.", '1as056s'], ['u/DisgracedTuna', 14, '2024-02-16 10:17', 'https://www.reddit.com/r/Bitcoin/comments/1as056s/why_do_some_people_think_bitcoin_is_a_scam_what/kqnwz85/', '"It\'s backed by the government"\n\nSame government thats in 30+ trillion in debt?', '1as056s']]], ['u/Ultimax12', 'How Should They Evolve?', 119, '2024-02-16 05:52', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/', 'I think that instead of training with the rest of the group, they should do their own thing, and go train inside the HBTC for some years. \n\nWhile they’re in there, they should both work towards mastering the first 3 basic forms of SSJ to the point they can even use SSJ3 while fused, and it doesn’t drain the timer. After completing this task, they need to focus on going beyond SSJ3, but by taking their own path like everyone else is doing.\n\nWhat would you guys think about them creating SSJ4, one that will differ from the GT Version? The way I’m picturing this is that they would have Bronze, or Orangeish long hair that is shorter than SSJ3, there eyes will resemble SSG, but be a bit fiercer looking, they will get buffer, and have a shiny, almost godly like Aura.\n\nThoughts?', 'https://i.redd.it/luzzcynqovic1.jpeg', '1as09jo', [['u/ZeldaFan80', 78, '2024-02-16 06:10', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqnagqj/', 'Thunder stone me thinks. Either that or leveled with high friendship during the day, like Riolu', '1as09jo'], ['u/Spirited-Ad2568', 25, '2024-02-16 06:14', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqnayqw/', 'have them unlock ssj2 individually', '1as09jo'], ['u/PeachsBigJuicyBooty', 14, '2024-02-16 06:38', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqndksh/', "They don't want to evolve as fighters and they don't really need to.\nGoku, Vegeta, Gohan, Piccolo, Uub will all fight for the Earth.\n\nUub and especially Piccolo will outlive them and grow overtime anyways.\n\nSo why exactly would they need to train? Especially spend years in their life in the time chamber? They can already take care of most crime on Earth.", '1as09jo'], ['u/Substantial_Tone_261', 15, '2024-02-16 06:39', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqndoth/', "Gotenks: Hi dads! Ready for a fight? I'll take you both on at once!\n\nVegeta: What are they talking about, are they stupid?\n\nGoku: Come on Vegeta, don't be like that, let's see what they got! \n\nGotenks: Super Saiyan God Super Saiyan 4 Kaio-ken x100! \n\nGoku: ... Vegeta, we have to fuse.", '1as09jo'], ['u/CharlieJ821', 12, '2024-02-16 12:22', 'https://www.reddit.com/r/Dragonballsuper/comments/1as09jo/how_should_they_evolve/kqo7dhu/', 'Post title is “how should they evolve”.', '1as09jo']]], ['u/AutoModerator', '[Daily Discussion] - Friday, February 16, 2024', 27, '2024-02-16 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/', '1as0f1f', [['u/Yodel_And_Hodl_Mode', 30, '2024-02-16 06:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnbygg/', "It feels to me like the market is trying to go through a correction, but ETFs are gobbling up so many coins that we end up flat instead of dropping. And that's impressive. It makes me even more excited about the next 18 months.", '1as0f1f'], ['u/BurntThrow', 19, '2024-02-16 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnfxf3/', 'imagine being an r/buttcoin redact rn 💀\n\nbtc about to cook for at least a year and a half', '1as0f1f'], ['u/HBAR_10_DOLLARS', 10, '2024-02-16 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqngdd9/', 'What if this cycle just extends all the way to the 2028 halving? Is it possible? Sure, we get some hefty dips that last a few months, but then we just start slowly grinding back upwards as new capital enters from investors rebalancing back up to their ideal BTC ratios, and also a steady supply of new entrants entering into the market.', '1as0f1f'], ['u/wrylark', 10, '2024-02-16 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnjtm7/', 'with inflation 80k is about a dbl top with last cycle ... with all the extra juice we have now from the etfs its going way higher imo\xa0', '1as0f1f'], ['u/atmfixer', 19, '2024-02-16 08:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnnb67/', 'This is going to sound ridiculous and date me but does anyone remember when "colored" coins were a thing?', '1as0f1f'], ['u/RecessionGuy', 18, '2024-02-16 08:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnq0uj/', 'Net ETF flows updated: $477.4 million net flow vs. $399.7 million yesterday. https://farside.co.uk/?p=997', '1as0f1f'], ['u/longtimelurker_B', 16, '2024-02-16 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnq6cc/', 'Net inflows of $477.4M today \nAlso saw GBTC outflows increasing today to -$174.6M', '1as0f1f'], ['u/Maegfaer', 12, '2024-02-16 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwiiu/', "I doubt it, that would require a much stronger understanding of Bitcoin than I'm seeing so far. There will be exuberance and many weak hands once we get high enough, and the smart money will act on it, like every time.", '1as0f1f'], ['u/Fewwww', 16, '2024-02-16 10:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwoxw/', 'That image is missing an N. There are two Ns in Finney. It would have to be Nakakamoto to spell Finney.', '1as0f1f'], ['u/Taviiiiii', 27, '2024-02-16 10:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnwucd/', "Am I the only one that thinks large GBTC outflows is a good thing? That can't continue for ever, better dry that shit up sooner rather than later.", '1as0f1f'], ['u/Fewwww', 19, '2024-02-16 10:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnx04e/', 'Also they have cherry picked Katakana for some symbols and Hiragana for others. For example TO in SATOSHI is Katakana whereas TO in NAKAMOTO is Hiragana.', '1as0f1f'], ['u/snek-jazz', 24, '2024-02-16 10:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqny9fx/', "Never underestimate the 'evidence' people will find when they work backwards from the answer they're trying to find.", '1as0f1f'], ['u/dota2portaltv', 12, '2024-02-16 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnz8xf/', 'Yes, I am thinking the same, the sooner they drop out of the equation, the better.', '1as0f1f'], ['u/Maegfaer', 13, '2024-02-16 10:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqnzbx8/', 'If you want to stay anonymous you choose a random name, not something that contains clues about your identity.', '1as0f1f'], ['u/phrenos', 31, '2024-02-16 11:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo2k0e/', 'Imagine my surprise to wake up and see that the price is $52k.', '1as0f1f'], ['u/owenhehe', 18, '2024-02-16 11:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo2w91/', 'lol, here we go again...', '1as0f1f'], ['u/simmol', 10, '2024-02-16 11:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo54sg/', 'One thing to be mindful is that while daily correlations between crypto and the stock market has subsided (compared to 2022), the crypto run from October has been propelled also by the massive run that the stock market is on during the same period. So if there is a general correction in the stock market, crypto will probably behave similarly (especially given how much Wall Street money dominates crypto market). And the stock market is due for some correction.', '1as0f1f'], ['u/btctrader12', 15, '2024-02-16 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqo6s0n/', 'You’ve been posting bearish takes for months', '1as0f1f'], ['u/imissusenet', 10, '2024-02-16 13:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqobm1h/', 'I do actually miss Usenet.', '1as0f1f'], ['u/TightTightTightYea', 13, '2024-02-16 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqoc0fd/', 'BS. [https://blog.lopp.net/hal-finney-was-not-satoshi-nakamoto/](https://blog.lopp.net/hal-finney-was-not-satoshi-nakamoto/) \n\n\n/case closed.', '1as0f1f'], ['u/Order_Book_Facts', 25, '2024-02-16 13:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqocnnx/', 'Please, just let me know when you finally decide to go long so I can sell everything I own, ok?', '1as0f1f'], ['u/SomeIdeasTooTalk', 11, '2024-02-16 13:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqocuha/', '> the crypto run from October has been propelled also by the massive stock market run from the same period.\n\nSpeculative. Might be correct, certainly a correlation, but still speculative.\n\nThere could be some other factor driving both Bitcoin and Stock Market but due to unique factors of both one or the other might stop rising while the other continues.', '1as0f1f'], ['u/Aerith_Gainsborough_', 16, '2024-02-16 13:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqofsno/', '>And the stock market is due for some correction\n\nAlright Nostradumbass', '1as0f1f'], ['u/dopeboyrico', 37, '2024-02-16 14:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1as0f1f/daily_discussion_friday_february_16_2024/kqoidbe/', '[AUM held in new spot ETF’s is now at $13.6728 billion through day 25 ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "889.80", "AUM ($, mm)": "52,433.70", "AUM % Change": "1.70%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Net Flows ($, mm)": "497.32", "AUM ($, mm)": "113,915.49", "AUM % Change": "0.44%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "485.03", "AUM ($, mm)": "2,716.15", "AUM % Change": "17.86%"}, {"Ticker": "VTV", "Name": "Vanguard Value ETF", "Net Flows ($, mm)": "438.84", "AUM ($, mm)": "107,738.17", "AUM % Change": "0.41%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "350.87", "AUM ($, mm)": "433,427.02", "AUM % Change": "0.08%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "333.42", "AUM ($, mm)": "9,706.48", "AUM % Change": "3.44%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "325.43", "AUM ($, mm)": "52,627.50", "AUM % Change": "0.62%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "298.59", "AUM ($, mm)": "4,848.05", "AUM % Change": "6.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "224.30", "AUM ($, mm)": "5,678.21", "AUM % Change": "3.95%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "202.43", "AUM ($, mm)": "31,129.74", "AUM % Change": "0.65%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,591.66", "AUM ($, mm)": "488,756.02", "AUM % Change": "-0.73%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,925.78", "AUM ($, mm)": "367,615.97", "AUM % Change": "-0.52%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-993.16", "AUM ($, mm)": "25,125.31", "AUM % Change": "-3.95%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-601.17", "AUM ($, mm)": "33,396.96", "AUM % Change": "-1.80%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-590.22", "AUM ($, mm)": "404,974.47", "AUM % Change": "-0.15%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-570.26", "AUM ($, mm)": "48,655.26", "AUM % Change": "-1.17%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-520.19", "AUM ($, mm)": "248,562.02", "AUM % Change": "-0.21%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-462.40", "AUM ($, mm)": "34,569.36", "AUM % Change": "-1.34%"}, {"Ticker": "IXN", "Name": "iShares Global Tech ETF", "Net Flows ($, mm)": "-297.74", "AUM ($, mm)": "4,422.53", "AUM % Change": "-6.73%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-254.52", "AUM ($, mm)": "45,233.68", "AUM % Change": "-0.56%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "12.34", "AUM ($, mm)": "6,942.30", "% of AUM": "0.18%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "13.24", "AUM ($, mm)": "17,056.27", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-23.15", "AUM ($, mm)": "121,653.35", "% of AUM": "-0.02%"}, {"": "Currency", "Net Flows ($, mm)": "221.73", "AUM ($, mm)": "40,085.29", "% of AUM": "0.55%"}, {"": "International Equity", "Net Flows ($, mm)": "80.60", "AUM ($, mm)": "1,375,415.90", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-89.06", "AUM ($, mm)": "173,186.67", "% of AUM": "-0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-232.82", "AUM ($, mm)": "14,095.21", "% of AUM": "-1.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "954.81", "AUM ($, mm)": "87,889.05", "% of AUM": "1.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-5,545.45", "AUM ($, mm)": "5,161,958.54", "% of AUM": "-0.11%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-1,811.12", "AUM ($, mm)": "1,355,572.08", "% of AUM": "-0.13%"}, {"": "Total:", "Net Flows ($, mm)": "-6,418.88", "AUM ($, mm)": "8,353,854.66", "% of AUM": "-0.08%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', '• US stocks slipped lower on Friday after a hot inflation print capped off a week of key data points.\n• The S&P 500 dipped 0.27% over the past five days, ending a 5-week win streak.\n• "Indeed, [the PPI data] has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year."\nThe stock market slipped on Friday after hot inflation capped off a busy week of economic data prints.\nThe Producer Price Index came in higher than expected, showing a 0.3% increase in prices from December, with a year-over-year increase of 0.9%. That\'s afterhot CPI data rolled in earlier this week.\nEven though the market recovered from Tuesday\'s hiccup, investor gloom has knocked stocks off a 5-week win streak. The S&P 500 is down 0.27% in the past 5 days, while the Nasdaq is down 1.02%.\nThis week also saw retail sales data slide lower, down 0.8% from a month earlier in January.\nThese data points highlight a robust economy, but mean a Fed rate cut is farther out than markets were hoping. On Thursday, Atlanta Fed president Raphael Bostic said he\'s not convinced that inflation is definitely headed toward the central bank\'s 2% target.\nAfter the PPI data came out, odds that the Fed would hold rates where they are during their May meeting jumped another 10%, according to the CME FedWatch Tool.\n"Indeed, this [inflation] report has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year; earlier this year, they had expected seven," said José Torres, Senior Economist at Interactive Brokers. "The sharp adjustment in expectations has yet to affect equities in a meaningful way, however, with bullish sentiment and better-than-expected earnings reports providing robust support."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,00.55, down 0.38%\n• Dow Jones Industrial Average:38,627.99, down 0.37% (-145.13 points)\n• Nasdaq Composite:15,775.65, down 0.82%\nHere\'s what else is going on:\n• Themarket could fall 5%in an \'air-pocket drawdown\' as greedy traders short volatility, a research firm said.\n• Thedeath of oil demand has been exaggeratedand supply won\'t be able to keep up without more investment, according to Morningstar.\n• A recession, investor FOMO, and inflation arethreatening the stock market\'s red-hot rally.\n• The data that powered the stock market rally is reversing and it\'sstill possible the Fed raises rates before it cuts, one market vet said.\n• Wall Street\'s excitement about Nvidiahas reached a fever pitch as its valuation soars.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 1.51% to $79.21 a barrel.Brent crude, the international benchmark, was also up 0.63% to $83.38 a barrel.\n• Goldedged up 0.41% to $2,023.20 per ounce.\n• The10-year Treasury yieldclimbed 5.9 basis points to 4.299%.\n• Bitcoinwent up 0.2% to $51,809.75.\nRead the original article onBusiness Insider', "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means the buying power of the dollardecreases. In other words, a dollar doesn't buy nearly as much today as it did 50 years ago. Just compare the cost of a house in 1960 to the cost today.\nBitcoin was created with a hard supply cap of 21 million bitcoin. There can never be more than that. Today, there are approximately 19.6 million bitcoins in existence. The last bitcoin will be mined in the year 2140. The idea is that Bitcoin's buying power will increase over time instead of decreasing. Why? Because there will only be so many bitcoins to accommodate ever-increasing demand. That buying power should ultimately drive its value higher.\nVolatility makes trying to time Bitcoin and other cryptocurrencies a nearly impossible task. But Bitcoin has continually increased in value over time, just as its creator intended. Despite Bitcoin prices being nearly 30% off their high today and theS&P 500at an all-time high, Bitcoin has appreciated far more than the broader stock market over the past 10 years.\nInvestors shouldn't own Bitcoin to speculate, but because they believe in the purpose of Bitcoin and its long-term potential as an alternative to fiat currency.\nConsider buying Bitcoin with a dollar-cost averaging strategy. Buy a little at a time, often on a schedule, regardless of the price. Over time, you'll buy some at high and low prices, but it will average out. That way, you don't put all your money in at the wrong time.\nSteady purchases and a long time horizon should enable investors to enjoy Bitcoin's success, despite its occasionally violent price swings.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nJustin Popehas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Nowwas originally published by The Motley Fool", "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means the buying power of the dollardecreases. In other words, a dollar doesn't buy nearly as much today as it did 50 years ago. Just compare the cost of a house in 1960 to the cost today.\nBitcoin was created with a hard supply cap of 21 million bitcoin. There can never be more than that. Today, there are approximately 19.6 million bitcoins in existence. The last bitcoin will be mined in the year 2140. The idea is that Bitcoin's buying power will increase over time instead of decreasing. Why? Because there will only be so many bitcoins to accommodate ever-increasing demand. That buying power should ultimately drive its value higher.\nVolatility makes trying to time Bitcoin and other cryptocurrencies a nearly impossible task. But Bitcoin has continually increased in value over time, just as its creator intended. Despite Bitcoin prices being nearly 30% off their high today and theS&P 500at an all-time high, Bitcoin has appreciated far more than the broader stock market over the past 10 years.\nInvestors shouldn't own Bitcoin to speculate, but because they believe in the purpose of Bitcoin and its long-term potential as an alternative to fiat currency.\nConsider buying Bitcoin with a dollar-cost averaging strategy. Buy a little at a time, often on a schedule, regardless of the price. Over time, you'll buy some at high and low prices, but it will average out. That way, you don't put all your money in at the wrong time.\nSteady purchases and a long time horizon should enable investors to enjoy Bitcoin's success, despite its occasionally violent price swings.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nJustin Popehas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Nowwas originally published by The Motley Fool", "Cathie Wood, the founder and CEO of Ark Invest, got her reputation by investing in tech companies with huge growth potential. One of her top holdings isBlock(NYSE: SQ), with herArk Innovation ETFowning around $500 million in shares, roughly 6% of its entire portfolio.\nThere's a lot to love about Block stock. If its growth potential is realized, shares could easily double, triple, or even quadruple in value. Why aregrowth investorslike Cathie Wood betting so big on the company? There are three major factors.\nBuying stock in Block is one of the easiest ways to get exposure to the massive growth of cryptocurrencies likeBitcoin.\nPreviously, the company was known as Square, and it made most of its money helping small and medium-sized businesses facilitate payment processing and other business-related activities like scheduling and inventory. It also developed a particular focus on mobile payments through its Cash App. You may have used its services without knowing it; millions of small businesses adopted the company's phone and tablet accessories that enabled the acceptance of credit and debit card payments with minimal investment.\nAt the end of 2021, however, the company rebranded itself as Block to reflect its growing ambitions to become a major player in the blockchain industry. Today, the company is highly focused on riding the crypto wave. For example, it owns Spiral, which develops open-source apps to accelerate Bitcoin adoption; TBD, which creates developer ecosystems that make it easier to build with Bitcoin; and Cash App, which was expanded to allow anyone to transact in either conventional currencies or cryptocurrencies.\nIf demand for cryptocurrencies continues to rise, Block is positioned to be a primary beneficiary.\nMost high-growth companies struggle with profitability as they look to reinvest earnings as quickly as possible to expand. This reality is true for Block, or at least it was. Since 2016, the company has posted negative quarterly earnings a majority of the time. That's an acceptable reality for a while, but only as long as the market believes that the company is reinvesting its capital properly.\nOver the last 12 to 24 months, many high-flying growth stocks have seen huge declines in share price as the market grew weary of supporting money-losing businesses. After posting one of its biggest quarterly losses in history last year, Block stock was also on the chopping block, though profits could soon be just around the corner.\nIn the second half of 2023, Block CEO Jack Dorsey laid out a new plan focused on profitable growth. The company, for example, would keep a cap on headcount, wind down some unprofitable businesses, and target a more efficient marketing spend. Within two years, Dorsey believes, Block can not only return to profitability, but also achieve long-term profitability margins that it has failed to sustain in the past. Owning around 11% of Block's shares -- the majority of his multibillion-dollar wealth -- Dorsey certainly has every incentive to make good on his promises.\nBecause it is focused on high-upside opportunities, Block stock has rarely been a bargain. At times, shares traded as high as 15 times sales. Those who held the stock through the wild ups and downs have done quite well, with shares rising roughly 400% in value since 2016.\nToday, shares trade near their lowest valuation in history thanks to the sell-off of high-growth tech stocks after the height of the COVID-19 pandemic. After the sell-off, the stock is valued at just 1.8 times sales. Compared to its long-term average price-to-sales multiple of 5.9, this appears to be quite a bargain.\nHigh-growth stocks are known for their volatility. The market often falls in love with these companies, but when growth stutters, valuation multiples suddenly crash, causing share prices to follow suit.\nAs Block's long-term track record proves, however, patient investors willing to ride these highs and lows can make several times their initial investment over just a handful of years. With the stock now trading at a deep discount to its history with plenty of growth runway still ahead of it, it's no wonder high-profile investors like Cathie Wood are still heavily invested in Block.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nRyan Vanzohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\n3 Reasons Growth Investors Like Cathie Wood Love Block Stockwas originally published by The Motley Fool", 'ABitcoin(CRYPTO: BTC)halving even is likely to happen within just a few months.In previous halving events, that has typically resulted in a higher value of Bitcoin in the following months.\nBut what will the impact be on the stocks of companies thatminefor Bitcoin? A halving event means that they will receive fewer Bitcoins, which, in turn, means less revenue for their operations -- unless, of course, the digital currency rises in value and offsets those losses.\nDoes this mean crypto mining stocks could be headed lower this year? Here\'s a look at what happened the last time there was a halving event.\nMining companies earn Bitcoins, which are essentially rewards, forvalidating transactions. But because there is a finite supply of Bitcoin (21 million coins), there is a need to cut those rewards in half periodically. That has happened every four years, starting with 2012. The next event is likely to happen in April.\nThe last time a halving event occurred on May 11, 2020, here\'s what happened to some of the more popular crypto mining stocks over the following 150 days:\n[{"": "Marathon Digital", "Stock Price on May 11, 2020": "$0.76", "Stock Price on Oct. 8, 2020": "$2.14", "Return": "182%"}, {"": "Riot Platforms", "Stock Price on May 11, 2020": "$1.59", "Stock Price on Oct. 8, 2020": "$2.93", "Return": "84%"}, {"": "Bitfarms", "Stock Price on May 11, 2020": "$0.42", "Stock Price on Oct. 8, 2020": "$0.22", "Return": "(47%)"}, {"": "Hut 8", "Stock Price on May 11, 2020": "$4.60", "Stock Price on Oct. 8, 2020": "$3.69", "Return": "(20%)"}]\nIn the 150 days after the halving event, there is a significant disparity in how these popular crypto-mining stocks performed.Marathon DigitalandRiot Platformsboth generated significant returns, whileBitfarmsandHut 8saw declines.\nThere were many factors to consider during that time frame (e.g. earnings reports, broader market developments, and COVID-19 relief bills) so it can be difficult to assess just how much weight the Bitcoin halving event had on their respective stock performances. And even Bitcoin\'s price gain during that period is modest compared with how well Marathon and Riot performed.\nThere were no significant news developments relating to Marathon Digital that would have suggested it should have achieved significantly higher returns than its peers in August 2020. Unfortunately, speculators can add a significant degree of volatility to crypto stocks, and that has largely worked out well for Marathon\'s valuation -- today it\'s worth close to $6 billion.\nWhile there is no pattern evident when it comes to halving and these stocks, they have all risen in value since the 2020 halving event. It would be fair to say that, at most, halving is only likely to have a temporary impact on mining stocks if there is any impact at all.\nMining companies are constantly investing and working toward increasing theirhash rates, resulting in more Bitcoins mined. And so a halving event may not have much of an impact on these companies. Investors have likely also priced these halving events into the stock valuations, as there is an expectation that halving events are inevitable given the finite supply of Bitcoin.\nHow these stocks perform will likely remain tied to how Bitcoin does. If its value continues to skyrocket, then it may not matter that mining rewards are cut in half as their revenues may still be much higher in the future.\nThe big risk for investors continues to be that Bitcoin\'s path can be unpredictable. While investors are bullish on its future prospects, government regulations and user adoption will ultimately dictate the digital currency\'s price in the future. There is a lot of hype around crypto, but investing based on that alone can be a dangerous approach. These are speculative investments at best.\nCrypto stocks are only suitable for investors with a high tolerance for risk due to their volatility, and there are much better options out there for growth investors to consider.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Mining Stocks Crash After the Next Halving Event? Here\'s What Happened Last Timewas originally published by The Motley Fool', 'ABitcoin(CRYPTO: BTC)halving even is likely to happen within just a few months.In previous halving events, that has typically resulted in a higher value of Bitcoin in the following months.\nBut what will the impact be on the stocks of companies thatminefor Bitcoin? A halving event means that they will receive fewer Bitcoins, which, in turn, means less revenue for their operations -- unless, of course, the digital currency rises in value and offsets those losses.\nDoes this mean crypto mining stocks could be headed lower this year? Here\'s a look at what happened the last time there was a halving event.\nMining companies earn Bitcoins, which are essentially rewards, forvalidating transactions. But because there is a finite supply of Bitcoin (21 million coins), there is a need to cut those rewards in half periodically. That has happened every four years, starting with 2012. The next event is likely to happen in April.\nThe last time a halving event occurred on May 11, 2020, here\'s what happened to some of the more popular crypto mining stocks over the following 150 days:\n[{"": "Marathon Digital", "Stock Price on May 11, 2020": "$0.76", "Stock Price on Oct. 8, 2020": "$2.14", "Return": "182%"}, {"": "Riot Platforms", "Stock Price on May 11, 2020": "$1.59", "Stock Price on Oct. 8, 2020": "$2.93", "Return": "84%"}, {"": "Bitfarms", "Stock Price on May 11, 2020": "$0.42", "Stock Price on Oct. 8, 2020": "$0.22", "Return": "(47%)"}, {"": "Hut 8", "Stock Price on May 11, 2020": "$4.60", "Stock Price on Oct. 8, 2020": "$3.69", "Return": "(20%)"}]\nIn the 150 days after the halving event, there is a significant disparity in how these popular crypto-mining stocks performed.Marathon DigitalandRiot Platformsboth generated significant returns, whileBitfarmsandHut 8saw declines.\nThere were many factors to consider during that time frame (e.g. earnings reports, broader market developments, and COVID-19 relief bills) so it can be difficult to assess just how much weight the Bitcoin halving event had on their respective stock performances. And even Bitcoin\'s price gain during that period is modest compared with how well Marathon and Riot performed.\nThere were no significant news developments relating to Marathon Digital that would have suggested it should have achieved significantly higher returns than its peers in August 2020. Unfortunately, speculators can add a significant degree of volatility to crypto stocks, and that has largely worked out well for Marathon\'s valuation -- today it\'s worth close to $6 billion.\nWhile there is no pattern evident when it comes to halving and these stocks, they have all risen in value since the 2020 halving event. It would be fair to say that, at most, halving is only likely to have a temporary impact on mining stocks if there is any impact at all.\nMining companies are constantly investing and working toward increasing theirhash rates, resulting in more Bitcoins mined. And so a halving event may not have much of an impact on these companies. Investors have likely also priced these halving events into the stock valuations, as there is an expectation that halving events are inevitable given the finite supply of Bitcoin.\nHow these stocks perform will likely remain tied to how Bitcoin does. If its value continues to skyrocket, then it may not matter that mining rewards are cut in half as their revenues may still be much higher in the future.\nThe big risk for investors continues to be that Bitcoin\'s path can be unpredictable. While investors are bullish on its future prospects, government regulations and user adoption will ultimately dictate the digital currency\'s price in the future. There is a lot of hype around crypto, but investing based on that alone can be a dangerous approach. These are speculative investments at best.\nCrypto stocks are only suitable for investors with a high tolerance for risk due to their volatility, and there are much better options out there for growth investors to consider.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill Bitcoin Mining Stocks Crash After the Next Halving Event? Here\'s What Happened Last Timewas originally published by The Motley Fool', "DUBLIN, IRELAND / ACCESSWIRE / February 17, 2024 /Kardden Token is an emerging blockchain-enabled worldwide open-source purchasing platform. In latest approach, the company has announced a series of innovative developments that position it as the future's leading payment method. With a comprehensive suite of solutions for e-commerce merchants, mobile crypto-paying apps, crypto cards, online cryptocurrency payment systems, and more, Kardden Token is set to change the narratives of the landscape of digital transactions.\nKardden Token's platform offers end-to-end solutions for e-commerce, featuring the Kardden Mobile Wallet, a seamlessly integrated system connecting with banks and cryptocurrency exchanges. This platform enables average users to easily adopt blockchain technology by merging a widely-used e-commerce channel with a decentralized payment system.\nKardden Pay plays the role of Blockchain Payment Gateway. It has emerged as a game-changer, eliminating current foreign exchange inefficiencies, reducing settlement times, and boasting the lowest rates compared to traditional payment gateways. The Kardden Mobile Wallet facilitates smooth connections with banks and cryptocurrency exchanges, ensuring a user-friendly experience.\nThe salient features of Redefining Transactions and its utilities for its clients are as follows:\n1. Kardden Currency Looping Protocol (KCLP): Kardden Token will be the premier e-commerce platform for cryptocurrency holders to purchase real-world and virtual-world goods and services. Accepting popular utility tokens such as Bitcoin, Ethereum, and BNB, with Kardden Token as the primary access token, the KCLP will search for the best rates for conversion, looping through multiple centralized and decentralized exchanges.\n2. Eco-friendly and Low-Cost Fees: Kardden transactions settle instantly without the costs associated with mining (proof of work). The decentralized network of 200+ validators globally ensures scalability and transaction fees of less than $0.01 for customers.\n3. Anonymous Transactions: Kardden guarantees unmatchable privacy and security, processing up to 1000 transactions per second with lightning speed.\nKardden Token is dedicated to emerging as the foremost platform for secure and convenient transactions, setting its sights on facilitating the buying, selling, and trading of both virtual and physical items. The company envisions a future where users experience transactions with the highest levels of security and convenience, regardless of whether they involve virtual assets or tangible goods. Kardden's commitment lies in providing a seamless and user-friendly experience, ensuring that buyers and sellers alike navigate transactions effortlessly. The platform is on a journey to establish an ecosystem where users can not only engage in transactions but also explore, discover, and seamlessly transact across both real and virtual environments.\nFurthermore, the company makes a global presence with a commitment to sustainability. Operating from its headquarters in Dublin, Ireland, Kardden Token has solidified its global presence. The company is committed to sustainability, offering an eco-friendly blockchain solution that aligns with the growing demand for environmentally conscious technologies.\nAbout the company - Kardden Token\nKardden Token's latest developments underscore its dedication to transforming the e-commerce landscape and establishing itself as the preeminent blockchain-enabled payment solution. For further information, potential clients can visit the official website onkardden.com.\nMedia Details:\nPerson name: Connor VentropCompany Name: Kardden TokenAddress: 7th Floor, South Bank House, Barrow Street, 4 Dublin, IrelandContact Phone Number: +353 1 617 5000Email:[email protected]:kardden.com\nSOURCE:Kardden Token\nView the originalpress releaseon accesswire.com", 'Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation.\nHowever, Cathie Wood\'s Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade.\nHere\'s what investors should know about this cryptocurrency.\nBitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually.\nThat monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley.\nBetter yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year.\n[{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}]\nData source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number.\nAs shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility.\nAccording to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn\'t have a terribly long history.\nBitcoin\'s price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins.\nTo that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years:\n1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers.\n2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years.\nArk Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside.\nCathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs.\nSensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty.\nPatient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood\'s Ark Investwas originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices: [42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-17 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,002,376,101,512 - Hash Rate: 609388003.457412 - Transaction Count: 327713.0 - Unique Addresses: 590229.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto trading firm GSR, one of the oldest digital asset market makers, appointed former JPMorgan executive Andreas Koukorinis as its new head of trading, the company said Wednesday in apress release. The hiring is part of GSR's push to cater to more conservative-minded clients interested in trading the largest cryptocurrencies, bitcoin {{BTC}} and ether {{ETH}}, Rich Rosenblum, co-founder and president of GSR, said in an email interview with CoinDesk. "Our business has been highly focused on servicing crypto natives on their exposure to altcoins," Rosenblum said. "We want to expand our capabilities and offering to groups in TradFi, and they are more likely to trade BTC, and soon ether ETH." Koukorinis will lead the U.K.-based firm's trading platform and strategy that provides services to clients including token issuers, institutional investors, family offices and trading venues, the company said. Before the appointment, Koukorinis served as global head of credit and FICC eTrading at JPMorgan, and was responsible for global algorithmic credit trading including systematic market making, algorithmic trading in exchange-traded funds across fixed income, and portfolio trading across corporates and emerging markets. The announcement came as digital asset markets are maturing and have become increasingly intertwined with traditional finance. Wall Street asset management giantshave enteredthe crypto space by issuing bitcoin ETFs and global banks started offeringcustody servicesand exploringtokenization of assetslike bonds and credit on blockchain venues. Read more:The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase "The next few years are going to be foundational in defining the market infrastructure for digital assets and I see GSR uniquely placed to take advantage of the trading opportunities this presents," Koukorinis said in a statement.... - Reddit Posts (Sample): [['u/Cobra418', 'I finally finished the new season, and honestly? Not as bas as this subreddit made it out to be', 131, '2024-02-17 00:21', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', 'I initially dipped out half way through the Bitcoin episode and stopped watching the new season, only keeping up with the premiere threads in here while bored at work. It just wasn\'t doing it for me and I felt like rewatching the original 4 season run instead. Recently, I gave Hulurama another go for a project I\'m working on, and idk if it\'s just the passage of time or not having to wait a week for each new episode or what... but it honestly grew on me. I\'ve been watching a new episode and an OG Fox episode back to back each day, and the whiplash I was expecting surprisingly never really hit me. \n\nMost of my issues with the new revival were problems that already existed in the CC revival, but they at least all felt toned down comparatively. The characters were still flanderized but not as bad as before, the plots were still ensemble focused but there was at least a little more Fry/Leela/Bender action than before, and the topical writing... well, that\'s still as bad as the CC seasons, but that\'s just the nature of a show designed for the late 90s television landscape continuing on in the post-social media age. The only new issue for me is the voice acting... I love Billy West but all of his characters sound strained which ruins the comedic timing. Hermes\' actor too, unfortunately. \n\nThere were definitely some stinker episodes, a few I felt badly suffered from "first draft-itus" (especially the premiere... I still don\'t think I logically understand that episode), but on the whole it felt like slightly better CC Futurama. Episodes like the Nibbler and Momazon ones I actually found pretty enjoyable, like a mid-tier Fox era filler episode. The finale was actually really good. I don\'t think the show needed to come back, and I do worry for the quality of future seasons as the show limps on further past it\'s prime, but most of the episodes this season were acceptable/fun enough for what they were. Considering the show is a quarter century old, has been dormant for the last decade and is owned by Disney now, things could have turned out a lot more incoherent/worse (cough cough, Clone High revival).\n\nWhat do ya\'ll think of it now that some time has passed?', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', '1asmua9', [['u/mithridateseupator', 16, '2024-02-17 00:31', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrfetm/', "Most of the season was underwhelming, but not bad.\n\n'All the way down' was a fantastic episode, but you can expect that when Cohen writes one.", '1asmua9'], ['u/brandognabalogna', 15, '2024-02-17 01:09', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrl4t2/', 'I actually feel this way too. I was meh at first, but they felt muuuch better after watching them straight from season 10. I noticed it the other day: I started the show over from the pilot and watched all the way from season 1 through 11 and it felt much more cohesive than I think it did initially. It flows very nicely between the old and new imo', '1asmua9'], ['u/LostMyMilk', 42, '2024-02-17 01:30', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqro88n/', "I've re-watched the new season enough times now that it blends in and is on par with other seasons. No better and no worse.", '1asmua9']]], ['u/12thYearSenior', 'Z2 creditor, Paid - $6,828 through US Bank.', 37, '2024-02-17 01:06', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', 'I had around 18.9btc in it when it went down. Can’t believe I’m actually seeing any of this money lol', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', '1asnvuq', [['u/12thYearSenior', 10, '2024-02-17 01:29', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqro3fv/', 'From my understanding this is the initial cash payment in Yen, and I’ll get somewhere between 2.9-3.9 btc and bch whenever they do the actual bitcoin payout since I chose to receive bitcoin, not cash equivalent.', '1asnvuq'], ['u/12thYearSenior', 15, '2024-02-17 01:30', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqrod6s/', 'I actually had lost access to my account entirely and it took 7 years for me to finally remember my password and use that to change my email and contact info and somehow it worked since I had a fully verified account. It took about a year and I almost took a flight to Japan to get the access back but they finally emailed after 8 months and seems to be working out.', '1asnvuq']]], ['u/Agronopolopogis', 'How do you convince "the nation of freedom" to go cashless?', 146, '2024-02-17 01:10', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '# TLDR; money controls the world\n\n> In short, how do we alleviate the global debt that has been incurred?\n\n> Reset\n\n> WEF/BIS put the wheels in motion for CDBCs well over a decade ago, and everyone has til 2025 to get on board w/ Basel 3 & ISO20022 or kick rocks (sure, they\'ll kick the can a few times..)\n\n> Preface, this isn\'t in any attempt to sway anyone towards cryptocurrency, it is still in it\'s infancy, and if I am remotely right, only those that hold utility will survive. \n\n> Bitcoin is garbage.\n\n> Naysayers to CDBCs - it\'s already happening, and well under way. For those uninformed, CDBCs are not cryptocurrency, but effectively wrap blockchain architecture.\n\n> When economic giants are saying the future is in tokenization, whether you agree or not, they\'re going to see to it that it is.\n\n> We are at the end of our 80 year [cycle](https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory), which means it is time to capitulate.\n\n* The biggest players know they\'re missing their cut (from corporations), just like governments are missing their cut from their biggest players (tax evasion).\n\n* A top down initiative to (in their eyes) balance the books, by being able to keep tabs on everything.\n\n* We got off the gold standard in the 70s, and the wealth divide has grown exponentially because of it.\n\n* The central banks have been funding wars on both sides for centuries, all as a cash grab.\n\n* For the longest time, institutions say crypto-bad mkay, now they\'re seething at the teeth for their piece of the pie.\n* 99.999~% of crypto (predominately meme shit) will cease to exist - if you lack utility, you hold no purpose from a valuation perspective.\n* Bitcoin only holds the value it does today, due to being the pioneer, but it has zero utility - it\'s a facade backed by being a finite resource.\n* ISO20022 was introduced in 2004, Basel 3 in 2010 - both with regulatory deadlines against institutions by 2025.\n* Globally, countries are well on their way to CDBC adoption (130 countries actively in development)\n* Countries have begun to asset back their currencies - BRICS+ nations example now holding over 40% of global GDP in this structure\n* Those same countries have been ramping up the selling off of US Treasuries and selling resources (oil) in native currency/CDBCs\n* CDBCs are the financial revolution for this period of time (web3), just as digital payments were (web2) and credit cards (web1)\n* Rate of local and regional bank failures continues to escalate, with bigger players picking up the remains and it has been on a constant decline since inception.\n* The amount of debt based fiat that has been injected into society in the past four years far exceeds any reasonable pace of inflation.\n* The cost and time to move money today, is obsolete when doing it with crypto. Upwards of 3% in fees and 1-5 business days to settle, compared to pennies and seconds, when cross-border transactions are performed.\n* Rate of institutional purchases of residential property, especially in the US, has seen a massive uptick.\n* Historic amounts of debt are being taken on by the average citizen, along with the lowest savings holdings, as well.\n\n# So how do you get the one country who has been bathed in the facade of freedom for so long to go cashless?\n\nI would love everyone\'s opinion on this, regardless of the aforementioned points.. how could they?\n\nMy opinion? Put the citizens in a place where the choice is obvious, because there is no choice.\n\nWe\'ve all seen it from the WEF.. "You will own nothing, and like it."\n\n* Global Pandemic to take the temperature of such an event (not remotely referencing a stance on vaccines..)\n* Rock the boat on the supply chain to justify years of over-inflated pricing (50+% of inflation tied to Corporations unjustly inflating prices)\n* Print as much money as you can, and allow massive grifts to go unchecked (PPP loans)\n* Over 100 armed conflicts are in flight right now, with the US doing what it does and fueling the ones where we to benefit from either from a military strategic standpoint or natural resources - we\'re in active conflicts in south america, middle east, ukraine and africa.\n\nSo, whats the domino? I think it\'ll be tied to Taiwan due to their semiconductor / microchip major exportation.\n\nSomeone (country) is going to cause escalation to focus in on Taiwan, the US is going to say no sir.. and then BRICS think that the US is spread too thin militarily to counter them rapidly offloading US Treasuries in an attempt to crash the USD.\n\nSo let\'s say they do.. and for a moment, we\'re in an unheard of state of hyperinflation due to the dollar holding nearly no value, and everything being overvalued - hello Venezuela.\n\nNigeria is already in this position, having barred any cash withdrawals from government based accounts and restricting a weekly withdrawal rate for citizens / businesses.\n\nHistorically, it starts in the East (China Social Credit System - 2009) and ends in the West - they are the test bed, and upon acceptance, it moves forward.\n\nPerhaps we flounder for a bit, but Uncle Sam comes forward with a solution to really save the day.. FedNow went live july last year, and while they\'ve said repeatedly it\'s not for CDBC, they flaunt all of the proponents that make a CDBC - eg instant payments.\n\nSo what does the US put on the table that makes it irresistable aside from the fact it costs $300 to buy a gallon of milk?\n\n> Uncle Sam: We care about our country, and we want to get things back on track.. so all debts are forgiven, and any money you have today will be there tomorrow - you just have to use our new currency system \n\n* They\'ll do this for the average citizen, of which makes less than ~80k a year\n* I believe they will begin to tier the 1:1 compensation, the more you owned in USD, the less you\'ll own in "eUSD" - effectively launching the wealth divide between people like Bezos/Musk and the Rothchilds even further.\n* Banks as you know them today, will become subsidiaries of central banks and at best, asset managers.\n\nNow, flame away.. it\'s a conspiracy, hypotheticals like this I find entertaining as hell.\n\n# I would *genuinely* enjoy your take, counterpoints, etc as everyone has a perspective that I do not and I hope I can learn from it.', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '1asnyom', [['u/Deckard_666', 11, '2024-02-17 01:35', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqrp36x/', 'Sweden is a good example. It\'s almost totally cashless. Not by force (ban cash) but by making cash expensive. They do everything with a smartphone app. The trick is to make bringing cash to the bank very expensive. Usually every company brings it\'s cash to the bank at the end of the day. If you have to pay a large fee for it you think twice. So companies start not accepting cash anymore. It\'s even safer for them. Getting robbed in your store or on the way to the bank is a thing of the past. Same goes for private people. If I can\'t take my cash to the bank to pay my rent, electricity, heating etc. I have no need for it right? \n\n\nAnother way to do it was shown ("predicted") in the TV series "Mr. Robot". The alternative currency promoted by a company gives you a discount for every purchase (I think it was 10% less compared to the dollar price).\n\nBanks of course will play a great role and they are working on it right now. Reduce the amount of branches and reduce ATMs. Make it as hard as possible to get cash.', '1asnyom'], ['u/drAsparagus', 13, '2024-02-17 02:27', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqrwoel/', 'Can I just say that...this post takes me back to the glory days of this sub. Well done, OP.\xa0', '1asnyom'], ['u/nmacaroni', 35, '2024-02-17 03:55', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/kqs979x/', 'Digital currency is the complete and total enslavement of mankind. \n\nFull stop.', '1asnyom']]], ['u/Far_Breakfast_5808', 'Now that I think about it, if Bitcoin proponents were really "in it for the tech" or wanted it to be used as a currency or to get around government intervention/regulation, the actual price of BTC shouldn\'t even matter much if at all.', 80, '2024-02-17 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/', 'Like if the goal is to be able to buy certain stuff, what\'s the need to hodl and wait for or even hope for the number to go up, instead of simply using it to pay? Isn\'t why it\'s called a cryptocurrency? Besides, if the value of currency was important in actual day-to-day transactions (I\'m not talking about broader economies here because I know exchange rates are very important to an economy), then it\'s pretty weird that I don\'t see any Kuwaiti Dinar or Bahraini Dinar bugs around. Otherwise, if the point of BTC was the tech or to get around governments and be libertarian and all, like some BTC proponents who come here claim to be, then it shouldn\'t matter if BTC is "worth" $100,000 or less than a dollar, as long as you can use it to pay.', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/', '1aso66m', [['u/Val_Fortecazzo', 38, '2024-02-17 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrnptt/', 'They should also be less enthused by an ETF which completely circumvents the block chain.', '1aso66m'], ['u/therobotisjames', 53, '2024-02-17 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrsa06/', 'Tbh they would want the price as stable as possible. To be an effective currency you need stability. They absolutely rail at the US dollar for inflation but never bother to look inwards. \nThe reality is that they want it to be all things at all times. Which no matter how much “tech” they throw at it doesn’t work. People have been trying to merge currencies with investments with commodities with speculations. There’s a reason after 400 years of trying no one has done it.', '1aso66m'], ['u/Far_Breakfast_5808', 30, '2024-02-17 02:05', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrtgzi/', 'I think the ETF thing was proof that a lot of Bitcoiners gave up on BTC being used as currency and simply embraced it as a get-rich scheme, because if they were still following the libertarian views behind the creation and original intent of BTC, they would have been horrified with the ETFs.', '1aso66m'], ['u/skittishspaceship', 24, '2024-02-17 02:20', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqrvm4m/', 'your first mistake is believing their stories in the first place. theyre sales pitches. theres no underlying.\n\nif saying bitcoins smelled like roses sold bitcoins and made the price higher, theyd say it.', '1aso66m'], ['u/Voice_in_the_ether', 10, '2024-02-17 03:19', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqs47c0/', 'Yeah, so much for "decentralization"...\n\n...unless... what if we *put the ETF on the Blockchain!!!* \n\nQuick; where are my VC\'s? Every needs to jump on board now, \'cause this is going to moon so hard!!\n\nSuper-mega s/, in case it\'s not obvious.', '1aso66m'], ['u/zubbs99', 13, '2024-02-17 03:49', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqs8adb/', 'The conceipt that it would be used for currency has not yet caught on after all these years, so they just switched the use case to "store of value". I.e. it didn\'t work as cash so now they want it to work like gold. Now they describe it as an "asset class" to be used for portfolio "diversification". Maybe something will stick eventually.', '1aso66m'], ['u/TriflingHotDogVendor', 22, '2024-02-17 04:31', 'https://www.reddit.com/r/Buttcoin/comments/1aso66m/now_that_i_think_about_it_if_bitcoin_proponents/kqsdxpm/', 'They say that when it goes down. They give you that 1 btc= 1 btc thing.\n\nWhen line go up, suddenly the market rate in USD matters.', '1aso66m']]], ['u/ezrgaryaob', "What's the weirdest down payment source you've come across?", 356, '2024-02-17 01:43', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/', 'Friends with a realtor and have heard a few wild stories about down payment sources. Like, one person sold a rare comic book collection for their down payment. Another person used their earnings from a viral YouTube video that got 300m views. Another cashed out $90k in Bitcoin sportsbetting on Stake and had to sit on it for 6 months in order to use it. So many people appear to cash out their massive stock in a startup right after it went big. So many ways huh?', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/', '1asopik', [['u/Happy_Confection90', 151, '2024-02-17 02:10', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqrua8o/', 'My brother collected toys related to a cartoon series he liked, and in his early teens began putting them away, mint in their boxes. Selling them in his 20s contributed substantially to the down-payment on his house.', '1asopik'], ['u/bumbletowne', 90, '2024-02-17 02:14', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqruu5b/', 'Someone sold their rare orchid and carnivorous plant collection (some of these are like 1/4 on the planet or the only permitted plant in human collection straight from the wild) to buy their golden passport home in Barcelona\n \nThey still miss their orchids..... They could only take 40 plants with them', '1asopik'], ['u/Bibliovoria', 161, '2024-02-17 02:28', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqrwsdx/', 'A friend sold his Magic: The Gathering cards for the (entire) downpayment on his condo.', '1asopik'], ['u/Jormney', 49, '2024-02-17 02:55', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs0sh9/', 'Sold ~150 vinyl album on discogs to fund mine!', '1asopik'], ['u/Apprehensive-Ad-80', 62, '2024-02-17 02:56', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs0uoh/', 'I thought I understood options and made a stupid bet on AMC during the whole meme stock thing… a co-worker later explained how I could have lost my a$$ on it and I haven’t messed with options since 😂', '1asopik'], ['u/Jormney', 21, '2024-02-17 02:59', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs1bl2/', "~$10000, so I guess it didn't fully fund my down payment but a big chunk of it!", '1asopik'], ['u/The_Void_calls_me', 35, '2024-02-17 03:11', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs30gw/', "I was actually coming to post this same thing. I went into contract on a condo, and decided to gamble a (large) portion of the saved down payment (about $60K) on AMC because I'm stupid. Every day for two weeks I would wake up to swings of tens of thousands of dollars, up and down, up and down. \n\nI woke up one day feeling sick, because it was down so much, I realized I wouldn't qualify for the loan. Since it didn't matter at that point, I let it ride. 3 days later it spiked, and I cashed out 80% of my holdings about $30K up, making my downpayment that much bigger. 5 days after that it crashed.", '1asopik'], ['u/Inevitable-Trip-6041', 58, '2024-02-17 03:26', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs56fl/', 'My friends grandpa sold gold melted from teeth of VC that he scavenged in Vietnam during his tenure there for down payments allegedly. Knowing the grandpa I don’t doubt it', '1asopik'], ['u/coolsellitcheap', 56, '2024-02-17 03:32', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs5ymq/', 'Met a young couple. Had some landlord issues. Were pissed wanted to buy a house. Fatherinlaw gave them his hotwheels collection and some kiss collection. She listed on ebay and had down payment in like 30 days. She still sells on ebay. They bought a house and are very happy.', '1asopik'], ['u/69stangrestomod', 12, '2024-02-17 03:44', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7nyk/', 'We used insurance payouts for hail damage on our cars to fund 1/3 of our first DP 🤷🏻\u200d♂️', '1asopik'], ['u/neighborhoodcardinal', 12, '2024-02-17 03:46', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7v2k/', 'How did he sell it all? My partner is trying to do that lol', '1asopik'], ['u/ohlookahipster', 41, '2024-02-17 03:46', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqs7x5j/', 'My friend YOLO’d his originally planned $100k downpayment into GME and some other meme stocks during that craze and walked away with something like $300k.', '1asopik'], ['u/School_House_Rock', 24, '2024-02-17 04:16', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsc1ys/', 'A Redditor posted the other day that they sold their collection of automatic weapons for the down payment', '1asopik'], ['u/satans_sparerib', 21, '2024-02-17 04:23', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqscymh/', 'In my naive youth 20 some years ago I wanted to buy a house but found out I was being defrauded by my boss who paid me and provided fake pay stubs showing he had paid my taxes. When I went to apply for my mortgage my financial background check came back as no income for most of the year.\n\nWhen I confronted the bastard ha said, “I’ll just buy the house and you can pay me back.”\n\nSince I’m not real big into indentured servitude, I declined. And then demanded my “taxes” back so I wouldn’t be fucked doing my taxes. What a nightmare. Luckily it worked out, I got approved eventually and got my first house.', '1asopik'], ['u/tahcamen', 16, '2024-02-17 04:28', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsdju1/', 'We used the thousands of dollars in Covid stimulus to fund our down payment. We have 5 kids and between the multiple rounds of stimulus we had saved up about 20k.', '1asopik'], ['u/PinstripeMonkey', 22, '2024-02-17 04:35', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsekjr/', 'Jesus christ', '1asopik'], ['u/neopod9000', 58, '2024-02-17 04:50', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsggiq/', 'Cries in 2008 when I sold my alpha ancestral vision for $300 to pay the water bill.', '1asopik'], ['u/0WattLightbulb', 24, '2024-02-17 04:53', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsgt34/', '100k of our downpayment was from gold my grandpa mined over 80 years ago. He had a map of where he mined it, dates, and a bunch of golf mining memorabilia.', '1asopik'], ['u/myco_myers1031', 38, '2024-02-17 05:23', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqskgtg/', 'One of my old clients hit $25k on a scratch off lottery ticket and bought his first home with some of the winnings.', '1asopik'], ['u/Ok-Cap-204', 15, '2024-02-17 05:29', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsla8e/', 'Years ago I had a client that sold his Michael Jordan rookie card for his down payment. We had to make sure he had a specific paper trail, including photos and appraisal, certified funds from the seller, etc', '1asopik'], ['u/Mbelcher987', 18, '2024-02-17 05:42', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsmrml/', "Had a friend sell 4 [[gaeas cradle]] for 100 each when I first met him. I didn't buy them. \n\nu/MTGcardfetcher", '1asopik'], ['u/TailorPuzzleheaded49', 21, '2024-02-17 05:51', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsntxm/', "I won a $13,000 sports bet off a 20 dollar nfl parlay. My 3 percent down, cost to close, insurance totalled around 15,000 and I wouldn't have been able to get a house that I feel blessed to have otherwise.", '1asopik'], ['u/Odafishinsea', 12, '2024-02-17 06:04', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqspb0t/', 'I used part of a universal life insurance policy to pay for mine. My dad bought it when I was 11.', '1asopik'], ['u/liftingshitposts', 16, '2024-02-17 07:01', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsvcby/', 'Wow, what a highly regarded decision haha', '1asopik'], ['u/__curt', 12, '2024-02-17 07:32', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqsydku/', 'Ok you win', '1asopik'], ['u/Kayl66', 46, '2024-02-17 09:17', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqt7lsj/', 'A few months into dating, my wife and I were both hit by the same Tesla while crossing the street in a crosswalk. I fractured my pelvis, she had some less serious injuries. A good chunk of our down payment (3.5 years later) is the insurance pay out', '1asopik'], ['u/Inevitable-Trip-6041', 13, '2024-02-17 14:03', 'https://www.reddit.com/r/FirstTimeHomeBuyer/comments/1asopik/whats_the_weirdest_down_payment_source_youve_come/kqtyjn0/', 'He was nothing short of brutal. The dude was a forward observer and when we were like 8 or 9 he would sit with us while we played video games and would be saying “that’s not realistic” and then talk about how artillery or gunships or bullets chewed people apart in graphic detail. I don’t think the dude had an ounce of guilt or regret. He’s the only veteran I’ve ever met who genuinely seemed to enjoy war. Dude had a scrapbook of wild shit from his time.', '1asopik']]], ['u/MikeMcD2k', 'Gemini Earn update 2/16/2024', 32, '2024-02-17 01:46', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/', 'February 16, 2024 (Friday)\n\u200b\u200bPlan Confirmation. On February 15, Genesis filed a further Amended Plan and Memorandum in “Supp0rt” of Confirmation. The Amended Plan reflects changes necessary to resolve potential objections to confirmation – including those by Gemini – and makes other clarifying adjustments in the interest of creditors, including Earn users. Forthcoming supplements to the Amended Plan – including Gemini Lender Distribution Principles and Gemini Reserve Principles— will further resolve significant issues, which Gemini, on behalf of all Earn users, has been working closely with Genesis and other parties to address over the past few months (see February and January 2024 updates, below). However, Gemini continues to review the Amended Plan to ensure that it treats Earn users properly and that none of the changes in the Amended Plan would compel Gemini to oppose Plan confirmation. The changes between the Amended Plan filed this week and the previous amended plan, which was filed on November 28, 2023, are shown in Exhibit A to Genesis’s Notice of Filing of Amended Joint Chapter 11 Plan.\n\nAlso yesterday, the Ad Hoc Group of Genesis Lenders (AHG), the Ad Hoc Group of Dollar Lenders, and the Unsecured Creditors Committee (UCC) filed statements in “supp0rt” of Plan confirmation. Genesis’s parent company, Digital Currency Group, Inc. (DCG), and DCG’s affiliate DCG International Investments Ltd. (DCGI) also filed redacted Direct Testimony in Supp0rt of DCG’s and DCGI’s Objection to Confirmation.\n\nAs a reminder, the confirmation hearing is now scheduled to begin on Monday, February 26, 2024, and is expected to last the entire week. Details for attending the confirmation hearing will be posted on this page once they are made available. Following the confirmation hearing, Bankruptcy Judge Lane may take the matter under advisement and issue an opinion on confirmation at a later date.\n\nThis week Genesis also filed an Amended Voting Declaration, which includes additional ballots in the voting tabulation but does not change any particular class’s acceptance or rejection of the Plan.\n\nSale of Trust Assets. On February 14, Judge Lane approved Genesis’s Motion Authorizing Sale of Trust Assets (see February 9th update, below). Pursuant to the bankruptcy court’s order approving the motion, Gemini is authorized to begin monetization of the Initial Collateral (30,905,782 shares of GBTC) it holds for the benefit of Earn users (see February 2nd and January 26th updates, below). This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). Distributions cannot be made to any Genesis creditors, including Earn users, unless and until the Amended Plan is confirmed; Gemini’s monetization of the Initial Collateral in anticipation of the confirmation hearing will expedite in-kind distributions to Earn users if and when the Amended Plan is confirmed.', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/', '1asos7b', [['u/mrshasanpiker', 21, '2024-02-17 01:56', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrs6f0/', "> This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). \n\nHey, that's good right? Let's hope it goes well", '1asos7b'], ['u/ronin858', 35, '2024-02-17 01:56', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrs79g/', '>This is an important step that will facilitate in-kind distributions to Earn users (i.e., the return to Earn users of the specific digital assets they loaned rather than an equivalent value in dollars or an alternative cryptocurrency). \n\n\n\nThis is great news.', '1asos7b'], ['u/Etymologicalist', 14, '2024-02-17 02:01', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrstp4/', 'They are allowed to change the distribution principles after we voted on them... What a FUCKING JOKE.', '1asos7b'], ['u/Greenpeppers23', 22, '2024-02-17 02:04', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqrtdvw/', 'Exactly why I didn’t vote. all the debate on here about yes or no was stupid', '1asos7b'], ['u/Previous_Pension_309', 24, '2024-02-17 03:46', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqs7wno/', 'LETSSS GOOOOOOO. where’s all those people tryna convince me to remain negative. distributions before the end of summer is my bet!!!!', '1asos7b'], ['u/Narrow-Surround-8416', 12, '2024-02-17 05:21', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqskb8d/', 'I will be glad to get them back and I will be glad to see you get yours back too.', '1asos7b'], ['u/ronin858', 16, '2024-02-17 06:37', 'https://www.reddit.com/r/Gemini/comments/1asos7b/gemini_earn_update_2162024/kqsstpj/', 'That may be so, but the fact that they are explicity saying it again at this late stage to confirm their intentions, is still good news ... well, at least to me it is.', '1asos7b']]], ['u/ezz8o8', 'Supply and demand ', 35, '2024-02-17 02:07', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/', '1 block average time 10 mins\n\n6.25 BTC per Block\n37.5 BTC per hour\n900 BTC per day\n27000 BTC per month\n324,000 per year\n\nAfter halving\n\n3.125 BTC per block\n18.75 BTC per hour\n450 BTC per day\n13,500 BTC per month\n162,000 per year\n\nAnd this cycle will continue until next halving. \n\n\n1.5625 BTC per block\n9.375 BTC per hour \n225 BTC per day \n6750 BTC per month\n81,000 BTC per year \n\nBTC is strong arming its way to higher valuation. Nothing can stop the system from its dwindling supply. ', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/', '1asp8pi', [['u/RunAndHeal', 14, '2024-02-17 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/kqrvunt/', 'And we have 30 mln well established millionaires worldwide', '1asp8pi'], ['u/clicksanything', 14, '2024-02-17 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1asp8pi/supply_and_demand/kqs29pj/', "Im most excited to see what happens after the 2032 halving, at which point we'll see 0.78125 BTC per block.\n\nMeaning those with 1+ bitcoin will be holding more than block reward. Wild.", '1asp8pi']]], ['u/Bitbuyer313', 'The DCA grind never ends', 137, '2024-02-17 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/', "Today is day 2406 of hodling and DCAing Bitcoin\u202f\u202f\u202f\nRamen noodles are key when attempting to put every spare dollar into my DCA.\nMy shoes look like shit but they still get the job done.\n\nI can't remember the last time I bought new clothes.\n\nMy stacking goals were met a long time ago, every time I reach my target goal I just set a new target.\nI've come to the realization that I won't stop buying Bitcoin\u202funtil there's none left for sale.\n\nMy family is finally starting to realize I'm not crazy, the few friends I have probably still think I am but Idc, this is my legacy, this is what my lineage will talk about as they sit in my future castle enjoying the fruits of my labor.\n\nMy only regret was not adopting this mindset sooner.\n\nThis is Bitcoin.", 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/', '1asqf2l', [['u/Lucid1459', 154, '2024-02-17 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqs8z6h/', 'Yea its ok to buy clothes and shoes', '1asqf2l'], ['u/FaultyVulcan', 41, '2024-02-17 04:00', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqs9sfn/', 'So did you make any good memories in the last 2406 days or was it exchanged for stacking?', '1asqf2l'], ['u/clicksanything', 12, '2024-02-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsal4f/', "Nice. I orangepilled my best friend last week and gave him a Bitcoin book to study (B is for bitcoin). Then we watched a 1hr documentary about how our debt based monetary system is designed to steal from us and control us. And now hes starting to question everything and having an existential crisis lol.\n\nMy family still thinks Im insane, but Ive since learned to shut up about it. One way or another they'll all learn.", '1asqf2l'], ['u/SmoothGoing', 11, '2024-02-17 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsexkw/', 'What\'s your backup plan? You know, in case "going full R" approach does not meet your targets? Because bitcoin doesn\'t care about your plight.', '1asqf2l'], ['u/Bitbuyer313', 19, '2024-02-17 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsfaur/', "I traveled all over Europe on a few separate trips between 2017-2019 and a few small vacations to keep the wife happy but recently it's been nothing but sacrifices in the name of stacking more corn.", '1asqf2l'], ['u/Bitbuyer313', 13, '2024-02-17 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqsg3ks/', "Mine work just fine, I don't go out often so idc about staying up to date on new shit.", '1asqf2l'], ['u/Bitbuyer313', 12, '2024-02-17 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqskdz4/', 'I already hit my personal target. Everything Im stacking from here on out is for my children. Being that I have a family to care for I keep a set amount of fiat for any major emergencies. I just neglect my own personal needs.', '1asqf2l'], ['u/rickwaller', 18, '2024-02-17 09:07', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqt6qh8/', "Could have skipped that and dca'd more! Stop with all the frivolous vacations and get back the charts and get buying! Sell the wife, dca! Stack that corn!", '1asqf2l'], ['u/mirudake', 39, '2024-02-17 09:21', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqt7von/', 'And healthier food.', '1asqf2l'], ['u/quakkids', 16, '2024-02-17 10:57', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqtfwcp/', 'You should go out tho.', '1asqf2l'], ['u/Jand0s', 10, '2024-02-17 12:01', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqtlqxa/', 'Sad way to live. Good food is very important for health', '1asqf2l'], ['u/p4ttl1992', 11, '2024-02-17 20:17', 'https://www.reddit.com/r/Bitcoin/comments/1asqf2l/the_dca_grind_never_ends/kqvpjfz/', 'Health > wealth', '1asqf2l']]], ['u/NARESH4444', 'Junkyard Has Been Hacked By Bitcoin Scammers.', 74, '2024-02-17 03:35', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/', 'His main channel(his second one is still fine)has been hacked into by the usual scum of the Earth. \n\n\nhttps://preview.redd.it/53cew56352jc1.png?width=998&format=png&auto=webp&s=f0a79f03330fcb91b846e17588e383fbaf7020f1\n\n\n\nhttps://preview.redd.it/ndnpyjc552jc1.png?width=987&format=png&auto=webp&s=8b400e18d8c762a3b863df6d6418aee8929ecab3\n\n\n\nhttps://preview.redd.it/pgwpg1s752jc1.png?width=1477&format=png&auto=webp&s=bad85fd48bc3c781dc62a4085bed5801303dad4d', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/', '1asr38u', [['u/Precarious314159', 38, '2024-02-17 04:02', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsa28f/', "That's brutal! Phising scammers at the right time can get anyone. Hopefully he gets it back soon and doesn't lose too many subscribers.", '1asr38u'], ['u/GrimWarrior00', 30, '2024-02-17 04:30', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsdsl4/', 'The quickest way to fix this is @YouTube on Twitter and BlueSky if they have it. \n\nThis happened with the SuperBeardBros a few months back.', '1asr38u'], ['u/creaturecatzz', 10, '2024-02-17 06:24', 'https://www.reddit.com/r/TheCreatures/comments/1asr38u/junkyard_has_been_hacked_by_bitcoin_scammers/kqsrf2k/', "it's been happening a lot more frequently last year or so. my recommendation to creators if they are reading or other fans is 👏 backup 👏 your 👏 favorite 👏 content 👏\n\ni'm doing it already and the peace of mind knowing that if anything happens like this to a creator i love or youtube one day ends i'll still have all the content that formed my childhood (the mainstream stuff will be easy enough to get but these lets plays and such are kinda on us to archive)", '1asr38u']]], ['u/TruthSeeker1776', 'I wasnt aware of Bittrex bankrupcy and now its becoming difficult to withdraw my Cryptos. Please help!', 43, '2024-02-17 05:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/', "Hello, I entered on Bittrex after a couple of years and I realized it was bankrupt. December 3 was the last day for trading and its officially down. , Still they say that I can withdraw my Bitcoin (I'll believe it when I see it). The issue is that I can only send it to a non-segwit address. \n\nAfter researching, ive found that the only option is a legacy address. Ive heard that Electrum could be a good choice. But they still have legacy address nowadays? \n\nAny other sugestions?\n\nPlease, somebody help me. I have 3,800$. Im so desperate...\n\nThank you very much!", 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/', '1assuuk', [['u/Jase82', 113, '2024-02-17 05:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsmm8o/', "Whatever you do, DO NOT respond to DMs on Reddit.\xa0\n\n\nAlso don't tell an online forum how much you have there are too many vultures out there.\xa0", '1assuuk'], ['u/Rambalamda', 21, '2024-02-17 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsq0dj/', "Bittrex used to be a very popular exchange during the '17-20 tmeframe", '1assuuk'], ['u/SnooCalculations1742', 20, '2024-02-17 06:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqssfqh/', "I believe Sparrow wallet let's you chose what address to create. So download it, and see if you can create a legacy wallet there", '1assuuk'], ['u/NotHappyTilUNotHappy', 10, '2024-02-17 07:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqsxwhv/', 'Scammer 🤡', '1assuuk'], ['u/stedgyson', 17, '2024-02-17 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqt15v6/', 'Ledger can, or certainly could create legacy addresses', '1assuuk'], ['u/bananafannaphofanna', 13, '2024-02-17 08:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqt21zj/', 'Best advice', '1assuuk'], ['u/Reasonable_Dot_1831', 15, '2024-02-17 10:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqte014/', 'They sent a lot of E-Mails to inform the users', '1assuuk'], ['u/Ultra918', 13, '2024-02-17 10:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1assuuk/i_wasnt_aware_of_bittrex_bankrupcy_and_now_its/kqtead9/', 'Ledger has legacy Adress', '1assuuk']]], ['u/Sarah-Who-Is-Large', 'LPT - No legitimate organization will ask for bitcoin or gift cards as a form of payment', 358, '2024-02-17 05:46', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/', 'This may seem obvious to some people, but as scammers get better at what they do, they make their schemes to steal from you more and more plausible.\n\nIf you’re in communication with what seems like a completely legitimate business and they ask for bitcoin or gift cards, end the communication right away, and call your bank directly from the number listed on their official website.\n\nI know two people who nearly lost thousands of dollars to scams like this in the past year, and I think both of them could have avoided the situation if someone had directly informed them that gift cards and bitcoin are suspicious forms of payment. I hope this post can be the tiny nugget of information someone needs to save themselves from a lot of trouble!', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/', '1astlpi', [['u/ramriot', 11, '2024-02-17 06:16', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsqj1n/', 'What about buying Bitcoin, can I use it for that?', '1astlpi'], ['u/StevynTheHero', 12, '2024-02-17 06:54', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsukr5/', 'Literally any retail store won\'t accept gift cards that aren\'t for that exact same retail store.\n\nSo if you\'re on the phone with "the dmv", "the IRS", "your bank", or "the nice people helping you with the virus on your computer" and they ask for target gift cards, you\'re probably safe to assume that they are full of shit.\n\nAnd I have never heard of any business accepting bitcoin, especially now that it\'s been proven to be nothing more than a scam operation, just like all other crypto, nfts, and whatever is coming next.', '1astlpi'], ['u/Testing123YouHearMe', 21, '2024-02-17 06:56', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqsuu8a/', "I feel like there's a big difference in accepting a payment method and /asking/ for payments to be made with a specific method.", '1astlpi'], ['u/Alexis_J_M', 16, '2024-02-17 07:48', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqszwo5/', 'Stores sell gift cards to get your money faster. \n\nLegitimate businesses do not ask for Walmart gift cards to pay your bill.', '1astlpi'], ['u/CrazyString', 14, '2024-02-17 09:20', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqt7t7j/', 'I’m just gonna say that I did work for a tech company that paid their 2nd highest dev in bitcoin. Dude lives in a different country. Maybe it was a tax thing who knows.', '1astlpi'], ['u/Rhail3x', 22, '2024-02-17 11:39', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqtjqlr/', "My IPTV uses Bitcoin to avoid the government. It's legal for me to consume IPTV, but it's not legal for them to offer the service.", '1astlpi'], ['u/IsDinosaur', 13, '2024-02-17 13:37', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqtvfej/', 'Gift cards are scammers delight, Bitcoin is accepted by many huge multinationals as legitimate payment.', '1astlpi'], ['u/JanusMZeal11', 14, '2024-02-17 14:50', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqu53ra/', 'I think the difference is asking for vs. accepting as an option.', '1astlpi'], ['u/Alexis_J_M', 31, '2024-02-17 16:03', 'https://www.reddit.com/r/LifeProTips/comments/1astlpi/lpt_no_legitimate_organization_will_ask_for/kqug27m/', "This is an important tip, but for most people it's more useful if you tell people WHY you are giving them some advice. \n\nWhy is this a red flag: \n\nIf you pay a scammer with a credit card you can usually get your money back and eventually they will lose their ability to accept credit cards after enough people complain. \n\nIf you pay a scammer with a check there is a record of where the money went, and you can stop payment on a check if it hasn't cleared yet. \n\nEven with something like a money order there is an audit trail of where the money went (though fake money order scams are common enough to warrant a separate conversation.) \n\nIf you pay someone with Bitcoin there is likely no way to trace what legal entity received it. Consumer protection laws don't apply to Bitcoin payments. \n\nIf you pay someone with gift cards the money is irrevocably gone the second they use the gift card. Consumer protection laws only make sure someone can spend the money. \n\nNo legitimate business or government agency will accept Walmart gift cards as payment. No legitimate business will send you a money order for buying Walmart gift cards for them -- the money order will be fake and your bank will take the money back after they figure that out, and you will not only lose the money you spent on the gift cards, you will likely owe fees for depositing bad money. The bank has no way of knowing whether you are an innocent victim or part of the scam. \n\nYes, there are legitimate businesses that accept Bitcoin for payment, yes, there is legitimate business being transacted in Bitcoin, just like there are legitimate businesses that only take cash, but it's a huge warning sign that you need to have a really high level of trust before you proceed.", '1astlp... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", 'Feb. 18:Wormhole Foundation, which supports teams building products for the cross-chain messaging protocolWormhole, said in ablog postthat it\'s "collaborating with the team at Succinct to build an Ethereum ZK light client as part of an ongoing effort to further decentralize message verification within the Wormhole platform. Wormhole ZK is being leveraged by developers to minimize trust in the Wormhole platform, improve cross-chain composability and increase network security. Read more about the vision of Wormhole ZK in the recently announcedZK roadmap."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.\nFeb. 16:TRON DAO, the decentralized autonomous organization (DAO) behind the TRON network, with over 210 million user accounts, has unveiled its roadmap for building an innovative Bitcoin layer-2 solution, according to atweet from Tron founder Justin Sun. "This solution will revolutionize how we think about blockchain interoperability and using stablecoins within the Bitcoin ecosystem," according to a message from the team. "Let\'s make #Bitcoin fun again!" Sun wrote. {{TRX}}\nFeb. 16:Silencio, a decentralized network of smartphones working as noise-pollution sensors, has closed a $1M funding round led by Borderless Capital, a leading investor in the DePIN space, according to the team: "Along with Borderless Capital, funding from Moonrock Capital, Master Ventures, and others will be used to expand and enhance its community-driven noise pollution sensor network, improve data integrity for well-being, and support strategic initiatives. This investment marks a significant milestone for Silencio as it sets out to redefine data coverage through the integration of peaq, the layer-1 blockchain for real-world apps." Silencioselected peaq\'s networklast year as its layer-1 blockchain.\nFeb. 16:Subsquid, a peer-to-peer network to batch query and aggregate data, hasjoined Google’s BigQuery for multi-chain projectsto leverage Subsquid with BigQuery to quickly analyze their usage on different chains and gain insights into fees, operating costs and trends, according to the team: "Subsquid indexing has supported over $11 billion in decentralized applications and L1/L2 value, with 30,000 participants, including tens of thousands of developers, deploying over 40,000 indexers."\nFeb. 15:RW3 Venturesraised $60 million for RW3 Ventures Fund I LP,according to the team: "The fund will target investments in early-stage blockchain and Web3 companies, with an emphasis on teams that seek to utilize blockchain technology to disrupt real-world industries and business models with sizable addressable markets. The round was led by The Raptor Group and Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, a global sovereign investor headquartered in Abu Dhabi. RW3 is led by Pete Najarian and Joe Bruzzesi, two well-known figures in the digital asset space."\nFeb. 15:Blueprint Financeannounced that it\'s emerging from stealth with $7.5 million in funding from crypto-native investors including Tribe Capital, Hashed, Portal Ventures, SALT and others – to solve crypto\'s liquidation problem.According to the team: Blueprint’s flagship product is the Concrete Protocol, an appchain purpose-built for on-chain debt and credit. Concrete powers higher yields, liquidation protection, and advanced predictions across all of DeFi, starting with money markets."\nFeb. 15:QuickNode, a Web3 development platform, now supportszkSync hyperchains," enhancing its custom chains offering for clients seeking fast and scalable ZK technology," according to the team: "Hyperchains, powered by ZK Stack, ensure robust data privacy, ideal for enterprise use cases while maintaining compliance. They run parallel to zkSync mainnet, enabling seamless asset bridging and liquidity flow. With QuickNode handling infrastructure, businesses can focus on creating plug-and-play blockchain applications."\nFeb. 15:Lava, an application-specific proof-of-stake blockchain built using Cosmos SDK, has raised a $15 million seed round, led by Tribe, Jump and Hashkey Capital, according to the team: "Mainnet is launching end of Q1/early Q2. Lava\'svisionis to build a modular data access layer for Web3, enabling developers to easily build apps on any chain or rollup. Lava has been uniquely designed for technical and non-technical users to contribute to scaling the network and is launching a points system to reward users."\nFeb. 15:Injective, a blockchain designed for finance built using Cosmos SDK, now supports "an interoperable domain name service (DNS) on mainnet: Solana domain-name bridging with Wormhole (previously available on testnet). The cross-chain integration further converges the Web3 and Web2 experience by letting users leverage single domain names like on Web2 when conducting transactions, and represents a major achievement in ecosystem collaboration, including Bonfida and Wormhole. More details fromInjectiveandBonfida. Injective’s infrastructure features a unique two-way cross-chain interaction facilitated by Wormhole. This results in a more efficient and streamlined domain service experience when SNS transactions are initiated. Adoption is simple: users can purchase .sol domains plus use both .sol and .inj domains across Injective dApps, further expanding the cross-chain domain experience." {{INJ}}\nFeb. 15:Helika, a data analytics and infrastructure provider for traditional and Web3 gaming with customers like Animoca Brands and Yuga Labs, is announcing the completion of an $8 million Series A fundraising from Pantera, Animoca, Diagram and Sfermion. According to the team: "This funding will help Helika advance its AI-powered suite of products and services, which currently aggregates data across multiple chains, social media platforms, and games and synthesizes that data into actionable insights for gaming studios to leverage in user acquisition, retention, and engagement to ultimately drive profits."']... Last 60 Days of Bitcoin's Closing Prices: [43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-18 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,018,944,941,600 - Hash Rate: 491572989.4556458 - Transaction Count: 343417.0 - Unique Addresses: 563861.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Swan Bitcoin, a cryptocurrency services firm, has announced the launch of its mining operations. The company, which is preparing for a public listing, aims to achieve a hash rate of 8 exahashes per second (EH/s) by 2024. The newly unveiled mining unit is already operational, as reported by CoinDesk, and is part of Swan Bitcoin’s strategic growth ahead of its initial public offering (IPO). The mining operation is expected to bolster the company’s revenue streams and provide a foundation for its public market debut. Bitcoin mining is the network’s consensus mechanism by which new Bitcoins are entered into circulation. In this process also known as proof-of-work, node operators, or miners, validate transactions on the blockchain in exchange for rewards. Bitcoin adds a new block of transactions to its blockchain every 10 minutes which comes with 6.25 Bitcoins as the miner’s reward. This amount is cut in half roughly every four years, in an event known as “the halving.” As halving slows down the amount of Bitcoin generation, some market watchers argue that Bitcoin’s scarcity increases every halving cycle which can have a positive effect on the cryptocurrency’s price. The next halving is expected to occur this coming April and will reduce mining rewards to 3.125 Bitcoins per block.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Decentralized exchange FixedFloat fell victim to a hack, losing at least $26 million worth ofBitcoinandEthereum. The attack was initiallyreportedon X, and saw FixedFloat attribute massive outflows to technical issues before switching to maintenance mode. FixedFloat has not officially confirmed the exploit, however the exchangestatedin response:\n“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon.”\nThe website is under maintenance and is not accessible. User reports emerged on February 17 detailing frozen transactions and missing funds. Data analysis revealed over $21 million in Bitcoin and nearly $5 million in Ether drained on February 18.\nWhile the attack method remains unclear, the exchange team confirmed the incident and promised further details after completing an investigation and ensuring security improvements. The exchange website currently displays an error message across all pages.\nOperating as an automated crypto exchange without user registration or KYC verification, FixedFloat attracted primarily US-based users and offered Bitcoin transactions via the Lightning Network. This lack of centralized control and anonymity, though appealing to some, can heighten vulnerability.', 'Decentralized exchange FixedFloat fell victim to a hack, losing at least $26 million worth ofBitcoinandEthereum. The attack was initiallyreportedon X, and saw FixedFloat attribute massive outflows to technical issues before switching to maintenance mode. FixedFloat has not officially confirmed the exploit, however the exchangestatedin response:\n“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon.”\nThe website is under maintenance and is not accessible. User reports emerged on February 17 detailing frozen transactions and missing funds. Data analysis revealed over $21 million in Bitcoin and nearly $5 million in Ether drained on February 18.\nWhile the attack method remains unclear, the exchange team confirmed the incident and promised further details after completing an investigation and ensuring security improvements. The exchange website currently displays an error message across all pages.\nOperating as an automated crypto exchange without user registration or KYC verification, FixedFloat attracted primarily US-based users and offered Bitcoin transactions via the Lightning Network. This lack of centralized control and anonymity, though appealing to some, can heighten vulnerability.', 'New CEO Sets Sights on Strategic Expansion in the Middle East and across Asia\nDUBAI, United Arab Emirates, February 19, 2024--(BUSINESS WIRE)--Crystal, a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer. Gupta takes over from Marina Khaustova, who moves into the new position of Chief Operations Officer at Crystal.\nGupta joins Crystal from Ripple, where he successfully drove growth for the firm in the MEA and South Asian markets. His roles at HSBC and CitiBank, and entrepreneurial experience as co-founder of a commercial transport technology platform, makes Gupta the perfect candidate to steer this next phase of expansion for Crystal.\nWith crypto assets becoming increasingly mainstream due to key regulatory and market developments, Crystal appointed Gupta to expand its blockchain intelligence solutions to a global audience of regulators, VASPs, TradFi sectors, and stakeholders in cryptocurrencies.\n"Recent developments like the Bitcoin ETF approval have set the stage both for an increased appetite for digital assets and for compliance tools to keep pace with regulatory expectations," said Brian Brooks, Bitfury Board member and former head of the Office of the Comptroller of the Currency. "It is imperative that regulators and financial institutions worldwide equip themselves with the best toolset and intelligence to keep pace and be fully prepared to tackle any potential risks from this asset class."\nGupta said, "Marina and Crystal has been at the forefront of developing an exceptional blockchain intelligence solution. As we continue to see adoption grow, we are committed to leveraging new-age tech to stay ahead of the curve. Regulators need superior intelligence and cutting-edge tools to navigate these changes, and TradFi institutions are seeking to manage risks effectively as they enter the digital assets market. Our goal is to stay insanely customer-centric, bringing our solutions to every corner of the world."\nSince 2019, Crystal has expanded its presence into key financial hubs including North America, UK, Europe and MEA, empowering financial institutions, investigators, and regulators with blockchain analysis, compliance and risk monitoring solutions. Crystal’s customer base doubled in 2023 by focusing on delivering its unique solution to enforcement and supervisory bodies. The product offers real-time indirect risk assessment, monitoring over 50,000 entities and organizations and offers proprietary training programs for professional cybercrime investigators.\nAbout Crystal\nCrystal is a leading blockchain intelligence firm empowering financial institutions, law enforcement and regulators with real-time blockchain analysis, investigative and compliance solutions. Founded by Bitfury in 2018, Crystal helps financial institutions comply with global anti-money laundering regulations efficiently. Investigators and government agencies leverage Crystal’s cutting-edge technology and unique real-time intelligence to solve crypto investigations. Available as a free blockchain explorer, SaaS, or API.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240218207539/en/\nContacts\nMedia:Trevor Davis, Gregory FCA for Crystal+1 [email protected]', '• The total amount of capital locked on Sui has risen from $211 million to $593 million since the turn of the year.\n• The SUI token is up by 131% in the same period.\n• Sui has now overtaken Aptos, Cardano and Near in terms of capital locked on DeFi protocols.\nLayer 1 blockchain Sui has experienced a sharp increase in inflows this month, a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).\nThe network, which was built by former Meta (META) employees, now has over $593 million in capital locked across various decentralized finance (DeFI) protocols, more than double its total at the turn of the year when it had $211 million,DefiLlama data shows.\nData published bywormholescan.io, which tracks the flow of funds through the cross-chain bridge Wormhole, shows that $310 million had been bridged to Sui from Ethereum in the past 30 days.\nSui is often compared to Aptos as they are both built using Move, a programming language that was originally developed at Meta to power the Diem blockchain.\nSui experienced a turbulent start after it debuted on Binance’s launchpad in May last year. SUI, as its native token, nosedived 68% in the first five months of trading. This came to a crescendo in October when Sui founderswere accused of manipulating token supply, claims they quickly dismissed.\nHowever, Sui soon found its stride after a wave of inscription-related activity. First seen on Bitcoin during its recent NFT phase, inscriptions are a way of recording arbitrary data on the blockchain without the use of smart contracts.\nOn Dec. 22, Sui produced 13.8 million blocks, with transactions per second (TPS) reaching a peak of 6,000. In contrast to other layers 1s, like Ethereum, gas prices during this high traffic phase decreased, according to aSui blog post. According to Suiexplorer, there are currently 106 validators operating 413 nodes to secure the Sui blockchain.\nThis buoyed the confidence of developers and investors as both the SUI token price and on-chain TVL increased in the following weeks. The two largest protocols on Sui are Scallop Lend and Navi Protocol, two lending platforms that have both seen TVL quadruple since the turn of the year.\nSUI is currently trading at $1.80, having risen by 131% since Jan. 1, outperforming theCoinDesk 20 index, which is up by 10% in the same period.', '• Bitcoin remained steady, while ether gained over 5% as investors bet on an ETH ETF in the coming months.\n• AI-related tokens zoomed in as the launch of OpenAI’s Sora sparked renewed hopes for the sector’s growth.\nBitcoin {{BTC}} prices remained little changed over the weekend, hovering around the $52,000 level on relatively lower trading volumes compared to the weekdays.\nThe price action was in line with a recent trend of low volatility over the weekends following the issuance of spot bitcoin exchange-traded funds (ETFs) in the U.S. in January, which seemingly changed the market structure for bitcoin trading.\nHowever, other major tokens, such as ether {{ETH}} and Polygon’s MATIC, recorded higher gains, rising more than 5% since Friday. Ether likely gained as expectations of an ether ETF product offering the asset to U.S. investors bumped up – a narrative that has boosted the Ethereum ecosystem in recent weeks. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours.\nArtificial intelligence (AI)-related tokens, such as Worldcoin’s WLD, Fetch AI’s FET, Bittensor’s TAO, and Sleepless AI’s AI, jumped as much as 10% as technology firm OpenAI revealed its text-to-video generator Sora, sparking a run in the AI sector.\nMeanwhile, some market observers are targeting a short-term level of $55,000 for bitcoin, with a long-term call of $70,000.\n“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.”\nHowever, Hindi added that ether will likely see much hype for its potentially larger upside and investment opportunities in the coming months.\n“The real hype will be around Ethereum. With the potential introduction of an Ether spot-ETF in the U.S., in tandem with the increased global appetite for DeFi – $5,000 for ETH in 2024 could very well be a realistic objective,” he added.', '• Bitcoin remained steady, while ether gained over 5% as investors bet on an ETH ETF in the coming months.\n• AI-related tokens zoomed in as the launch of OpenAI’s Sora sparked renewed hopes for the sector’s growth.\nBitcoin {{BTC}} prices remained little changed over the weekend, hovering around the $52,000 level on relatively lower trading volumes compared to the weekdays.\nThe price action was in line with a recent trend of low volatility over the weekends following the issuance of spot bitcoin exchange-traded funds (ETFs) in the U.S. in January, which seemingly changed the market structure for bitcoin trading.\nHowever, other major tokens, such as ether {{ETH}} and Polygon’s MATIC, recorded higher gains, rising more than 5% since Friday. Ether likely gained as expectations of an ether ETF product offering the asset to U.S. investors bumped up – a narrative that has boosted the Ethereum ecosystem in recent weeks. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours.\nArtificial intelligence (AI)-related tokens, such as Worldcoin’s WLD, Fetch AI’s FET, Bittensor’s TAO, and Sleepless AI’s AI, jumped as much as 10% as technology firm OpenAI revealed its text-to-video generator Sora, sparking a run in the AI sector.\nMeanwhile, some market observers are targeting a short-term level of $55,000 for bitcoin, with a long-term call of $70,000.\n“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.”\nHowever, Hindi added that ether will likely see much hype for its potentially larger upside and investment opportunities in the coming months.\n“The real hype will be around Ethereum. With the potential introduction of an Ether spot-ETF in the U.S., in tandem with the increased global appetite for DeFi – $5,000 for ETH in 2024 could very well be a realistic objective,” he added.', '• Ether may be the only digital asset other than bitcoin to get spot ETF approval in the U.S.\n• There is a 50% chance of ETF approval by May.\n• Dencun, the Ethereum blockchain\'s upgrade due in March, will slash transaction costs.\nBitcoin\'s {{BTC}} recent rally has been driven by thespectacular introductionof exchange-traded funds (ETF). It may be time to now focus on ether {{ETH}}, the second-largest cryptocurrency, broker Bernstein said in a research report on Monday.\nEther is "probably the only other digital asset likely to get a spot ETF approval by the SEC," the report said.\nBernstein says there is about a 50% chance of ether spot ETF approval by May and near-certain probability of approval in the next 12 months.\nA number of traditional finance firms are vying for an ether ETF in the U.S., which is boosting the token\'s medium-term outlook. Franklin Templeton, Blackrock (BRK) and Fidelity, all of which had bitcoin ETFs approved by the Securities and Exchange Commission, are among firms that have submitted applications for an ether ETF.\n"Ethereum with its staking yield dynamics, environmentally friendly design, and institutional utility to build new financial markets, is well positioned for mainstream institutional adoption," analysts Gautam Chhugani and Mahika Sapra wrote.\nEther yield markets would grow in lockstep with the crypto\'s market cap and could "power unique ETFs, if the staking yields are included in the ETF design," the authors wrote.\nThe broker notes that institutions don\'t just want to launch ether spot ETFs, they want to "build more transparent and open tokenized financial markets on the Ethereum network," adding that the "utility is beyond asset gathering."\nEthereum\'s next upgrade,Dencun, scheduled for March, "provides for a dedicated corridor and blockspace for roll ups, making transaction costs cheaper by another 50%-90%," the report said.\nRead more:Ether Traders Target $3.5K as ETH Jumps on ETF Expectations', "With its price up 201% since the start of 2023,Bitcoinhas been on a tear thanks to some positive developments. It's understandable, however, if some investors think they missed the boat on the world's top cryptocurrency.\nThis will induce some to turn to more speculative tokens, likeShiba Inu(CRYPTO: SHIB). The dog-themed crypto skyrocketed in 2021 and caught the attention of many. And bullish supporters are hoping a repeat performance is in the cards.\nHere are three things you'll regret not knowing if you're thinking about buying this meme token right now.\nUnlike its predecessor,Dogecoin,Shiba Inuwas built on top of theEthereumnetwork. This makes the SHIB native token compatible with variousdecentralized applicationsand digital wallets, in theory increasing its utility. Moreover, this means Shiba Inu has functionality forsmart contracts.\nTrying to propel the network forward, Shiba Inu developers recently launched a Layer-2 solution known as Shibarium. The hope is that this innovation can speed up transaction times and lower fees, making Shiba Inu a more popular choice for users to transact with.\nThe other major part of the development pipeline is the launch of Shib: The Metaverse.Users can alreadypurchase landin this Shiba Inu virtual world.\nDespite what appear to be some favorable attributes, Shiba Inu isn't finding a lot of success when it comes to adoption. According to cryptwerk.com, the token is accepted by just 915 merchants as a method of payment. Of course, it's not hard to understand why any business would hesitate to accept Shiba Inu. Extreme price volatility and security risks come to mind.\nBut beyond that, Shiba Inu just isn't catching on in other areas either. Its lack of attractiveness for developers is probably the main reason why. In terms of how many active developers are working on projects using it, Shiba Inu doesn't crack the top 100 cryptocurrencies, according to venture firm Electric Capital. Without buy-in from developers, whose sole focus is to advance the network, the chances of Shiba Inu boosting its utility are slim.\nThis situation makes it strikingly clear the advantages that cryptocurrencies like Ethereum,Cardano, andSolanahave. They all possess unique characteristics that at least give them a chance to be long-term winners in this space. Users and developers have more reason to make use of them, creating an uphill battle for Shiba Inu's viability.\nThough it's still one of the best-performing digital assets since its public launch in August 2020, Shiba Inu is currently 89% below its peak price. Last year, the token rose a little over 30% in value, but this gain lagged the overall crypto market, which roughly doubled. And Shiba Inu seriously underperformed both Bitcoin and Ethereum.\nI believe this points to speculators' waning interest in Shiba Inu. It's difficult to be optimistic about the token's ability to generate monster returns going forward when it couldn't even outperform the crypto industry average during what was a terrific year for digital assets. Consequently, there's probably zero chance Shiba Inu will ever get close to its all-time high ever again.\nEquipped with these facts about the Shiba Inu network's key features, its adoption trends, and recent price action, investors will be better positioned to decide for themselves if this is a cryptocurrency they want in their portfolios.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n3 Things You Must Know if You Want to Buy Shiba Inu Right Nowwas originally published by The Motley Fool", '• Bitcoin tends to rally over 30% in eight weeks leading up to the reward halving, according to 10X Research. Bitcoin\'s fourth halving is due on April 19.\n• Bitcoin\'s daily RSI has crossed above 80, a threshold that has historically presaged 60-day gains of over 50%.\nBitcoin {{BTC}} has had a stellar few months,with bulls ignoringa resurgent U.S. dollar and Treasury yields to push the leading cryptocurrency to the highest level since late 2021.\nWhile a price pullback looks plausible, the broader uptrend looks set to continue, with prices revisiting and potentially surpassing the record high of $69,000 beforeBitcoin Blockchain\'s fourth mining rewardhalvingdue on April 19.\nThat\'s the message from 10X Research after studying past data and a technical analysis indicator called the relative strength index (RSI). Let\'s discuss both in more detail.\nThe theory that bitcoin, the leading cryptocurrency by market value,bottoms out12-16 months ahead of halving and chalks out uptrends ahead of and a year after the halving is well known by now.\nMore importantly for traders, the previous three cycles centered around the halving show prices surged by over 30% in eight weeks leading up to the quadrennial event, which reduces the pace of supply expansion by 50%. The halving due on April 19 will halve the per-block reward to 3.125 BTC from 6.25 BTC.\n"Bitcoin rallies an average of 32% in 60 days ahead of the halving," Markus Thielen, founder of 10X Research, told CoinDesk.\nAt press time, bitcoin changed hands near $52,000. A 32% rally from here, in accordance with the past data, means prices could trade close to the record high of $69,000 on or before the halving day.\n"The closer we reach the Bitcoin halving, the higher the probability that bitcoin will rally, as the evidence from the last three halving cycles shows. This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradeFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving," Thielen added.\nStrong inflows intothe U.S.-based spot exchange-traded funds (ETFs) suggest a bullish mood among traditional investors. These regulated ETFs allow investors to take exposure to the cryptocurrency, bypassing the hassle of storing coins.\nRSI, developed by J. Welles Wilder, is a momentum indicator that measures the speed and change of price movements over a set period, usually 14 days, weeks, or months. Readings above 70 indicate a strong upward momentum in prices.\nA week ago, bitcoin 14-day RSI crossed above 80 for the first time since December. 12 out of 14 such previous RSI signals presaged accelerated uptrends, producing an average gain of 54% in the following 60 days, according to 10X Research.\n"As a reference, Bitcoin traded at $48,294 when the last signal was triggered, and if history (avg. return +54% in 60 days) is any guide, then bitcoin could rally to $74,600 based on this signal," Thielen noted.\nPast performance does not guarantee future results, and macroeconomic factors could single-handedly make or break trends.\nThat said, the present macro picture looks supportive of increased risk-taking, thanks to the U.S.running the most stimulativefiscal policy in years. Goldman Sachshas raisedits year-end forecast for the S&P 500 by 4% to 5,200, citing expectations for robust global economic growth and a weaker dollar.', '• Bitcoin tends to rally over 30% in eight weeks leading up to the reward halving, according to 10X Research. Bitcoin\'s fourth halving is due on April 19.\n• Bitcoin\'s daily RSI has crossed above 80, a threshold that has historically presaged 60-day gains of over 50%.\nBitcoin {{BTC}} has had a stellar few months,with bulls ignoringa resurgent U.S. dollar and Treasury yields to push the leading cryptocurrency to the highest level since late 2021.\nWhile a price pullback looks plausible, the broader uptrend looks set to continue, with prices revisiting and potentially surpassing the record high of $69,000 beforeBitcoin Blockchain\'s fourth mining rewardhalvingdue on April 19.\nThat\'s the message from 10X Research after studying past data and a technical analysis indicator called the relative strength index (RSI). Let\'s discuss both in more detail.\nThe theory that bitcoin, the leading cryptocurrency by market value,bottoms out12-16 months ahead of halving and chalks out uptrends ahead of and a year after the halving is well known by now.\nMore importantly for traders, the previous three cycles centered around the halving show prices surged by over 30% in eight weeks leading up to the quadrennial event, which reduces the pace of supply expansion by 50%. The halving due on April 19 will halve the per-block reward to 3.125 BTC from 6.25 BTC.\n"Bitcoin rallies an average of 32% in 60 days ahead of the halving," Markus Thielen, founder of 10X Research, told CoinDesk.\nAt press time, bitcoin changed hands near $52,000. A 32% rally from here, in accordance with the past data, means prices could trade close to the record high of $69,000 on or before the halving day.\n"The closer we reach the Bitcoin halving, the higher the probability that bitcoin will rally, as the evidence from the last three halving cycles shows. This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradeFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving," Thielen added.\nStrong inflows intothe U.S.-based spot exchange-traded funds (ETFs) suggest a bullish mood among traditional investors. These regulated ETFs allow investors to take exposure to the cryptocurrency, bypassing the hassle of storing coins.\nRSI, developed by J. Welles Wilder, is a momentum indicator that measures the speed and change of price movements over a set period, usually 14 days, weeks, or months. Readings above 70 indicate a strong upward momentum in prices.\nA week ago, bitcoin 14-day RSI crossed above 80 for the first time since December. 12 out of 14 such previous RSI signals presaged accelerated uptrends, producing an average gain of 54% in the following 60 days, according to 10X Research.\n"As a reference, Bitcoin traded at $48,294 when the last signal was triggered, and if history (avg. return +54% in 60 days) is any guide, then bitcoin could rally to $74,600 based on this signal," Thielen noted.\nPast performance does not guarantee future results, and macroeconomic factors could single-handedly make or break trends.\nThat said, the present macro picture looks supportive of increased risk-taking, thanks to the U.S.running the most stimulativefiscal policy in years. Goldman Sachshas raisedits year-end forecast for the S&P 500 by 4% to 5,200, citing expectations for robust global economic growth and a weaker dollar.', 'The cryptocurrency market warmed up again over the past year as the approvals ofBitcoin\'s(CRYPTO: BTC)spot ETFs (exchange-traded funds) and stabilizing interest rates brought back the bulls. But most cryptocurrencies are still extremely volatile, tough to value properly, and heavily exposed to unpredictable macro and regulatory headwinds.\nTherefore, investors willing to take some risk but wanting to invest their cash in actual businesses should take a closer look at high-growth tech companies instead of cryptocurrencies. I personally believe three promising tech stocks --Datadog(NASDAQ: DDOG),ServiceNow(NYSE: NOW), andMonday.com(NASDAQ: MNDY)-- could generate bigger gains than most cryptocurrencies over the next few years.\nDatadog\'s cloud-based platform collects diagnostic data from a company\'s entire software infrastructure in real time. It then aggregates that data onto unified dashboards, which makes it easier for IT professionals to spot potential problems.\nFrom 2019 to 2023,\xa0its revenue grew at a compound annual growth rate (CAGR) of 56%, its total number of large customers (who generate at least $100,000 in annual recurring revenue) nearly quadrupled from 858 to 3,190, its adjusted operating margin improved from negative 1.5% to positive 23%, and its annualfree cash flow (FCF)grew from $0.8 million to $597.5 million. It also turned profitable on a generally accepted accounting principles (GAAP)\xa0basis for the first time in 2023.\nDatadog isn\'t immune to the macro headwinds driving many companies to rein in their cloud spending, but analysts expect its revenue to still grow at a CAGR of 23% from 2023 to 2025 as its GAAP net income grows at a CAGR of 43%.\nWe should take those estimates with a grain of salt, but Datadog has clearly carved a niche in the growing cloud monitoring market\xa0-- which Mordor Intelligence believes will grow at a CAGR of nearly 20% from 2024 to 2029. Its stock might notseem cheapat 16 times this year\'s sales, but it still has plenty of upside potential.\nServiceNow\'s cloud-based service helps companies streamline their unstructured work patterns into automated digital workflows. That process makes it easier for companies to expand efficiently, trim their operating expenses, and support remote and hybrid workers.\nFrom 2019 to 2023, ServiceNow\'s revenue grew at a CAGR\xa0of 27%, its operating margin expanded from 21% to 28%, and its net income rose at a CAGR of 29%. Its number of customers with an annual contract value of over $1 million more than doubled from 892 to 1,897,\xa0while its annual FCF almost tripled from $971 million to $2.73 billion. Looking ahead, it aims to generate more than $16 billion in revenue in 2026\xa0-- which would represent a three-year CAGR of 21% from 2023.\nServiceNow expects that growth to be driven by the digital transformations of large businesses. That secular trend is usually well insulated from macro headwinds since economic downturns drive companies to cut costs and streamline their businesses. ServiceNow\'s stock might seem a bit pricey at 14 times this year\'s sales, but its robust growth rates justify that higher valuation and could support even bigger multibagger gains.\nMonday.com\'s cloud-based platform enables companies to develop their own work management apps to accelerate and automate custom tasks. These apps can be built from scratch or created through pre-built "recipes" for common tasks, and they can be directly integrated into a company\'s existing software applications.\nFrom 2021 to 2023, Monday.com\'s revenue grew at a CAGR of 54%, while its number of customers generating over $50,000 in annual recurring revenue nearly tripled from 793 to 2,295.\xa0Its operating margin rose from negative 17% in 2021 to positive 8.4% in 2023 as it scaled up its business, but it\'s still unprofitable on a GAAP basis.\nJust like ServiceNow, Monday.com benefits from the digital transformations of large businesses. Its Monday AI platform, which enables developers to weave artificial intelligence (AI) features into its apps, should also enable it to profit from the long-term expansion of the AI market. It could also challenge automation software providers likeUiPathand custom AI algorithm developers likeC3.aiwith its customized apps.\nFrom 2023 to 2025, analysts expect its revenue to grow at a CAGR of 27%. It\'s still reasonably valued at 10 times this year\'s sales, and it could be a balanced way to profit from the growth of the cloud, digital transformation, and AI markets.\nWhere to invest $1,000 right now\nWhen our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for two decades,Motley Fool Stock Advisor, has\xa0more than tripled\xa0the market.\nThey just revealed what they believe are the10 best stocksfor investors to buy right now… and Datadog made the list -- but there are 9 other stocks you may be overlooking.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Datadog, Monday.com, ServiceNow, and UiPath. The Motley Fool recommends C3.ai. The Motley Fool has adisclosure policy.\n3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', '• Ether has outshone bitcoin in the past seven days.\n• Ether\'s fundamentals look more constructive than bitcoin\'s, owing to the deflationary trend in ETH\'s supply.\nEther {{ETH}}, the second-largest cryptocurrency by market value, has outpaced bitcoin\'s {{BTC}} rally over the past week, a trend that could continue because the fundamentals for Ethereum\'s native token appear more favorable than those of the larger crypto, according to Greg Magadini, Amberdata\'s director of derivatives.\nEther has gained over 16% in seven days to trade above $2,900 for the first time in nearly two years while the bitcoin price rose a more sedate 8.5% to $52,300,CoinDesk datashow. The ether-bitcoin ratio has jumped nearly 7% to 0.055. CoinDesk Indices CD20, a measure of the wider crypto market,has rallied 10.7%.\nETH\'s outperformance comes after weeks of trailing bitcoin as traders focused on the debut of spot BTC exchange-traded funds (ETFs) in the U.S. and the impending quadrennialreward halving, which will cut the per-block BTC payout to 3.125 BTC from 6.25 BTC.\nRead more:How the ‘Halving’ Could Impact Bitcoin\nThe focus could soon shift to the significant drop in ether supply since Ethereum transitioned to a proof-of-stake consensus mechanism in September 2022 in an upgrade dubbedThe Merge, Magadini said. That contrasts with Bitcoin\'s halving, which just slows the cryptocurrency\'s rate of growth.\n"Everyone is talking about the Bitcoin halving in April, but that’s nothing compared to the active \'REDUCTION\' in ETH supply already occurring since Sept. 2022," Magadini said in a weekly newsletter. "ETH is the next play here! Low ETH/BTC ratio, actively finding a bid, [with ETH\'s] fundamental supply picture even better than BTC."\nSince the Merge, 1,047,643 ETH ($3.05 billion) have been issued and 1,407,200 ETH burned, or taken out of circulation, causing a net supply reduction of 359,557 ETH or 0.209% year-on-year, according to data tracking websiteUltrasound.money. Bitcoin\'s supply increased 1.71% in the same period.\nThe reduction represents a deflationary trend stemming from Ethereum burning a portion of transaction fees paid to validators. The Merge replaced miners with validators, removing a significant chunk of ether supply from the market.\nValidators stake a minimum of 32 ETH to participate in the governing process and secure the blockchain in return for rewards. The number of ether staked or locked in the network surpassed 30.1 million, or 25% of the total circulating supply, early this month. The Dencun upgrade, due March, is expected to slash transaction costs.\nIn addition, the Securities and Exchange Commission is expected to greenlight spot ether ETFs in the U.S. later this year. Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex, have submitted applications to run one.\nThe SEC approved nearly a dozen spot BTC ETFs last month, paving the way for investors to take exposure to the cryptocurrency without having to own and store coins. Since the Jan. 11 debut, the ETFs have seen inflowsofsome $5 billion, generating excitement about the potential ETH ETFs.\n"Combine this ETH \'Supply BURN\' with dormant STAKED ETH and mix in a SPOT ETF actively putting ETH into cold storage … all of a sudden, the supply story for ETH is as bullish as fundamentals can get," Magadini said.\nRead:Ether\'s RSI Warrants Your Attention. Here is Why', '• Ether has outshone bitcoin in the past seven days.\n• Ether\'s fundamentals look more constructive than bitcoin\'s, owing to the deflationary trend in ETH\'s supply.\nEther {{ETH}}, the second-largest cryptocurrency by market value, has outpaced bitcoin\'s {{BTC}} rally over the past week, a trend that could continue because the fundamentals for Ethereum\'s native token appear more favorable than those of the larger crypto, according to Greg Magadini, Amberdata\'s director of derivatives.\nEther has gained over 16% in seven days to trade above $2,900 for the first time in nearly two years while the bitcoin price rose a more sedate 8.5% to $52,300,CoinDesk datashow. The ether-bitcoin ratio has jumped nearly 7% to 0.055. CoinDesk Indices CD20, a measure of the wider crypto market,has rallied 10.7%.\nETH\'s outperformance comes after weeks of trailing bitcoin as traders focused on the debut of spot BTC exchange-traded funds (ETFs) in the U.S. and the impending quadrennialreward halving, which will cut the per-block BTC payout to 3.125 BTC from 6.25 BTC.\nRead more:How the ‘Halving’ Could Impact Bitcoin\nThe focus could soon shift to the significant drop in ether supply since Ethereum transitioned to a proof-of-stake consensus mechanism in September 2022 in an upgrade dubbedThe Merge, Magadini said. That contrasts wi Last 60 Days of Bitcoin's Closing Prices: [43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-19 Financial & Commodity Data: - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,023,480,269,300 - Hash Rate: 552511789.8013868 - Transaction Count: 366108.0 - Unique Addresses: 617452.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices at 0530 GMT) By Stella Qiu SYDNEY, Jan 3 (Reuters) - Asian shares extended a global sell-off on Wednesday, while the dollar held gains, as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. Europe is set to open lower, with EUROSTOXX 50 futures down 0.4% and FTSE futures off 0.3%. S&P 500 futures and Nasdaq futures were both down 0.1%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% after a 1.0% drop on Tuesday in a sluggish start to 2024. The index rose 4.6% in 2023. Japan markets are shut for a public holiday. South Korean shares slid 2.1%, and Hong Kong's Hang Seng index fell 1.1%, as technology shares dropped 2.2% following a tech-led slide on Wall Street. However, Chinese gaming stocks rose after Reuters reported that Beijing had removed a gaming regulatory official. The sector had suffered a sell-off in the wake of proposed rules to curb spending on video games. Kyle Rodda, an analyst at Capital.com, said the combination of event risk and thin liquidity at the tail end of the holiday raises the prospect of exaggerated moves in markets and heightened volatility. "All that's required is a catalyst, which could come from the data flow in the coming days," Rodda said. Later on Wednesday, U.S. Fed minutes for its December meeting and the ISM survey on U.S. manufacturing are due to be released. The closely watched U.S. nonfarm payrolls report is due on Friday. Overnight, Wall Street's euphoria about the prospects for rate cuts cooled as stocks retreated from record highs. The CME FedWatch Tool suggests a 21.4% chance that U.S. rates will remain steady in March, up from 11.4% on Dec. 29. The Nasdaq slid 1.6%, dragged lower by a nearly 3% drop in Apple to a seven-week low after Barclays downgraded its shares. Tesla shares ended flat after a record number of electric vehicle deliveries in the fourth quarter wasn't enough to prevent China's BYD from taking its spot as the top EV maker. A climb in U.S. Treasury yields in the New Year also pressured stocks. The 10-year yield briefly popped above 4% overnight for the first time in two weeks before closing at 3.9406%, up 8 basis points on the day. Cash Treasuries were not traded in Asia due to the holiday in Japan. "There are reasons to be a tad concerned on the risk front at this early phase of 2024. Geo-political concerns have not abated, and in fact if anything are elevating," said Padhraic Garvey, regional head of research, Americas, at ING. Story continues Indeed, tensions in the Middle East are ratcheting up. Israel on Tuesday killed Hamas deputy leader Saleh al-Arouri in Lebanon's capital Beirut, Lebanese and Palestinian security sources said, raising the potential risk of war in Gaza spreading well beyond the Palestinian enclave. Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea after a series of attacks on vessels blamed on Houthi militants. The U.S. dollar, which climbed 0.8% against its peers overnight to a two-week high, held steady at 102.1. Bitcoin rose 0.7% to $45,287, not far from a 21-month peak of $45,922 on Tuesday. Oil prices extended declines. U.S. crude futures slipped 0.3% to $70.18 a barrel, after dropping more than 1% on Tuesday, while Brent was also 0.3% lower at $75.68 a barrel. Spot gold rose 0.3% to $2,065.39 an ounce. (Reporting by Stella Qiu; Editing by Sam Holmes and Neil Fullick.) View comments... - Reddit Posts (Sample): [['u/Lapollo', 'What would you do with the spare €10k? ', 11, '2024-02-19 00:14', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', 'If you had a spare €10k to put willingly towards investments, what would you invest it in? I’m not asking for a pension tactics or emergency fund advice or investing in myself. Strictly stock market investing or cryptocurrency? I own no BTC (but am watching its current movement daily) and only 2 ETH, or leaving to maybe even purchase a first home? I’m 24, live at home, have seperate savings and backup fund and just have 10k to put somehere and leave it be for years. I have few grand in stocks and crypto but gotten lazy the last year. Trying to get back into solidifying my future investments. What would you do? I promise I won’t sue any of you for the financial advice you are about to provide. I want to hear all your stories, opinions and advice.', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', '1au80jz', [['u/Deep-Palpitation-421', 11, '2024-02-19 00:53', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2bkb5/', "Depends on how involved you want to be with it. \n\nIf you're happy to execute trades and do your own tax returns then stuck it into degiro and trade away. Buy some of those iShares S&P500 ETFs or Ryanair stock or whatever you want. Learn how to use limit orders, stop loss, trailing stop loss etc and choose your buy/sell prices. OHLC charts are useful. You can trade commodities using limit orders on revolut too. \n\nOr if you'd prefer a.more hands off approach put it into AIB life / Irish Life / Zurich etc. they all have similar funds with slightly different names. Prisma Max, equity consensus fund 1, fusion 6, MAPs5 etc.", '1au80jz'], ['u/KerryDevVal', 26, '2024-02-19 01:10', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2e4oy/', 'Buy 10k of turf, I got about €30k worth stockpiled to sell on the black market once cutting isn’t allowed anymore', '1au80jz']]], ['u/the_modern_caveman88', 'The Bitcoin Hardware Store', 172, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/', 'New venture here in Bitcoin Beach, El Salvador! They sell all sorts of products from hardware wallets, nodes, seedphrase stamping sets, and they even have a Bitcoin ATM.', 'https://i.redd.it/yy7ujjtkhfjc1.jpeg', '1au8c58', [['u/Alpha__OmeGuh', 11, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr2q2r7/', "Yea just give me ur seed phrase and we'll take a look see if i could repair..", '1au8c58'], ['u/the_modern_caveman88', 12, '2024-02-19 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr339rp/', 'This was funny. Theres actually a rule, no personal seed phrase creation. Theres a seedsigner at the store available for demo which is used only as an educational tool.', '1au8c58']]], ['u/GeekyCodeJS', 'The only way to get more Bitcoin.', 15, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', "People shouldn't overlook the #1 wealth-building tool, which is their income. The less you have, the harder and slower it is for you to stack more Bitcoin.\n\nImagine if you can manage to increase your income from $30,000/year to $60,000/year; that's a 100% return on your money flowing in every month. This is way better than waiting for Bitcoin to reach $100,000 just to achieve the same 100% return.\n\nLearn in-demand skills, solve people's problems, and charge more money for it. Become so valuable that any market condition won't affect you.", 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', '1au8c7i', [['u/richardto4321', 61, '2024-02-19 00:54', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2bpb3/', 'So basically, the best way to get more Bitcoin is to just have more money to get more Bitcoin. Wow Genius!', '1au8c7i'], ['u/richardto4321', 30, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d0qo/', "I didn't miss your point. No one did. It's just that your advice applies to life and having healthy finances in general. It's not anything groundbreaking or new for acquiring Bitcoin in particular. I think everyone here gets it.", '1au8c7i'], ['u/Working_Asparagus_59', 13, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d20r/', 'Just pull yourself up by the bootstraps and rob a bank 🤗', '1au8c7i'], ['u/BlockChad', 12, '2024-02-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2evhq/', 'lol why are you even entertaining this dumbass post?', '1au8c7i'], ['u/MimickingTheImage', 19, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2fbke/', "Dumbest post I've ever seen on here and that's saying a lot.", '1au8c7i'], ['u/observer942', 15, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2gfs5/', "Employers just double people's salary? You should do it, then.", '1au8c7i'], ['u/PeyroniesCat', 28, '2024-02-19 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2kwiw/', 'Just did it during my lunch break. Easy peasy.', '1au8c7i']]], ['u/AussieCryptoCurrency', 'BTC is instant and free! (Current tx fee USD$6.72, instant = 1 hour)', 100, '2024-02-19 00:56', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/', '\nSo many butters have been messaging me- I feel quite honoured to have my post history scoured (considering Reddit settings for Google searching is off and that requires manually searching posts).\n\nIn 10 years:\n* same block size\n* same transaction rate\n* miners more centralised\n* everybody still keeps their funds on centralised exchanges\n* no one runs nodes\n* the network is more centralised than ever before\n* whales own more BTC than ever before \n* tx fee is regularly USD$5-10 or more\n* BTC price up 100x\n\nWe’re early ', 'https://i.redd.it/snej7v9nmfjc1.jpeg', '1au8zme', [['u/justsightseeing', 21, '2024-02-19 01:08', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2du8n/', 'but it have censorship resistance & decentralized\n\n\n\n\nfuck why would i want those things instead of\xa0\n\xa00 fee & astronomically faster tx speed?', '1au8zme'], ['u/borald_trumperson', 16, '2024-02-19 01:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2eikz/', "You don't understand what a boon this is to third world mango sellers", '1au8zme'], ['u/anyprophet', 51, '2024-02-19 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2gw6a/', "layer 2 solves this\n\n\n(please ignore that this throws away most of the supposed benefits of bitcoin and still doesn't work very well)", '1au8zme'], ['u/UniqueID89', 13, '2024-02-19 02:40', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2rdci/', 'Few transact.', '1au8zme'], ['u/ApprehensiveSorbet76', 12, '2024-02-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2ujcs/', 'The miners who validate and process transactions are specifically exempt from the Treasury Department’s KYC AML reporting requirements. What’s the dollar value of this exemption?\n\nCrypto bros got their hooks in with Janet Yellen and the Treasury Department. This compliance exemption is what enables all the crime. A 6 dollar transaction fee is nothing. How much do you think criminals would pay per transaction if they could pay regular banks to turn a blind eye like that? They’d happily pay a few bucks.', '1au8zme'], ['u/Chuckolator', 13, '2024-02-19 03:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2w4xq/', 'At least my $6.72 is going to some electricity thieves in Texas instead 1.5 cents going to those evil engineers at Visa.', '1au8zme'], ['u/dyzo-blue', 15, '2024-02-19 04:49', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr39gex/', "But you shouldn't use it.\n\nhttps://github.com/davidshares/Lightning-Network", '1au8zme'], ['u/ross_st', 27, '2024-02-19 08:23', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr3wjs5/', "Check your Western privilege bro, what about North Koreans who need to build nukes and terrorists who can't use traditional bank accounts?", '1au8zme'], ['u/NorrisMcWhirter', 12, '2024-02-19 13:47', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr4ordt/', 'yeah not bad\n\nthey only need to improve that by two more orders of magnitude and it will be comparable to a free account with a standard consumer bank', '1au8zme']]], ['u/okhzmuskhsm', "He's so desperate", 16, '2024-02-19 00:58', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '[https://www.reddit.com/r/law/comments/1atsoe5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/law/comments/1atsoe5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawFirm/comments/1atsqc5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/LawFirm/comments/1atsqc5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawCanada/comments/1atsrlh/is\\_a\\_testimonial\\_of\\_a\\_witness\\_considered\\_a\\_strong/](https://www.reddit.com/r/LawCanada/comments/1atsrlh/is_a_testimonial_of_a_witness_considered_a_strong/)\n\n[https://www.reddit.com/r/wallstreetbets/comments/1atvh7y/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/wallstreetbets/comments/1atvh7y/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Forex/comments/1atvkes/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Forex/comments/1atvkes/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Trading/comments/1atvnif/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Trading/comments/1atvnif/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/trading212/comments/1atvuhu/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/trading212/comments/1atvuhu/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/Wallstreetbetsnew/comments/1atvw3f/bitcoin\\_a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/Wallstreetbetsnew/comments/1atvw3f/bitcoin_a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/WallStreetbetsELITE/comments/1atw2au/a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_trade\\_really/](https://www.reddit.com/r/WallStreetbetsELITE/comments/1atw2au/a_1_risk_100_or_200_reward_trade_really/)\n\n[https://www.reddit.com/r/wallstreet/comments/1atw5jo/a\\_1\\_risk\\_100\\_or\\_200\\_reward\\_bitcoin\\_trade\\_really/](https://www.reddit.com/r/wallstreet/comments/1atw5jo/a_1_risk_100_or_200_reward_bitcoin_trade_really/)', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '1au915f', [['u/long_man_dan', 14, '2024-02-19 01:17', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2f1pw/', "Christ dude you're getting the same answer fed to you by rational people over and over again, no matter which sub you go to, and you're too fucking stupid to accept reality", '1au915f'], ['u/UpLeftUp', 18, '2024-02-19 01:28', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2gqo3/', 'User in that Forex thread (/u/AceMcNasty) hits the nail on the head and shows just how ridiculous BSVers are. He doesn\'t even know what a fraud Craig is and how Craig has 0 chance of winning the court case, and even less chance of convincing the BTC community. \n\n\n\n>Ok, so this guys identity is released. Who TF cares. This would be like Linus Torvalds going "well Ubuntu doesn\'t follow my white paper but Chirpy does, everyone switch to Chirpy!". No one\'s going to give a damn because they already built everything around using Ubuntu (in this case BTC). Why does it matter to me if BTC doesn\'t follow his vision? It works and no one accepts BSV. This one guy crying about it not following his vision isn\'t going magically make everyone adopt BSV \\[Bullshit Vision, anyone? The scam is in the damn name, lol. You can\'t tell me he thought BSV is a legit good name\\].', '1au915f'], ['u/AlreadyBannedOnce', 14, '2024-02-19 01:47', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2jhlk/', 'Rent due?\n\nCupboard bare?\n\nPills gone?\n\nGas gauge on "E"?\n\nBSV101 expects Calvin to pay for everything.', '1au915f'], ['u/Zealousideal_Set_333', 11, '2024-02-19 01:55', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr2kop2/', 'I want to believe there\'s no way Calvin could be paying this dude to have a mental breakdown...\n\n... then again, he keeps "loaning" money to Craig so he can have a mental breakdown in various courtrooms.', '1au915f'], ['u/Zealousideal_Set_333', 12, '2024-02-19 04:55', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/kr3a8n5/', "I wasted so much time before I got here reading through Craig, trying to understand, giving him the benefit of the doubt.\n\nNow he's wasting the developers' time by litigating against them, he's wasting the court's time in hearing his frivolous lawsuit at a high level, and he's wasting thousands of victims time who believe his con.\n\nIt's a net good thing for the world to utilize my sunk costs from hearing all of Craig's bullshit out to now debunk his bullshit and help prevent others from being conned out of their time like I was. \n\nNo other use for all the knowledge I already have from giving this narcissist the benefit of the doubt!", '1au915f']]], ['u/SpearHook', 'DCA Life Hack - pay yourself to do things for yourself, in bitcoin', 103, '2024-02-19 01:00', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/', 'I bought hair clippers a few months back to cut my son’s hair at home. I spend $50 a month to get my hair cut; $40 cut, $10 tip. Today I cut my own hair and bought $50 worth of bitcoin. \n\nThis can be applied often if you start pinching pennies. \n\nAuto:\nCar dealership recommends a new air filter and they charge $72 for the service. Buy the air filter on Amazon for $50, install it yourself and buy $22 worth of bitcoin. \n\nLike a clean car? A clean car is a happy car after all. Spend one wash worth of cost on the materials to do it at home and pay your self to do it instead of someone else’s business. \n\n\nFood:\nIf you buy lunch or dinner often, replace some of these meals with premade/meal-prep solutions and spend the savings on bitcoin. \n\nInstead of buying that cake for a loved ones birthday, bake it at home. It costs a fraction of the amount leaving you with surplus to buy bitcoin. A bonus comes with the loved one appreciating the home made cake more as you took time out of your day to do something nice for them. \n\nEnjoy going to the bar? Pregame at home and save boatloads on the bar tab, on the drinks and the expected tip. Walk in already filled with liquid courage rather than pay top dollar for it. \n\nSince you are already spending this amount of money on a regular basis with current spending habits, you will not notice a shortage of funds to pay bills and enjoy your life. However, in a few years you will have more value to tap for life improvements, if you are willing to sell by then. Make sure to pay yourself at the time of service. This creates a DCA and you won’t forget to allocate later. \n\nStay humble, stack sats. 🤙', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/', '1au933z', [['u/Leading_Bet4937', 14, '2024-02-19 01:47', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2jgrb/', 'I like this mindset', '1au933z'], ['u/Badj83', 137, '2024-02-19 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2q6en/', 'Good idea! No hooker this month. I’ll take care of it myself.', '1au933z'], ['u/Crypto-Hero', 24, '2024-02-19 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr2xa6u/', "Let's give this guy a hand! 👏", '1au933z'], ['u/FrontBass3942', 13, '2024-02-19 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr301d3/', 'Stop smoking - Buy BTC with your cigarette money', '1au933z'], ['u/WarmMillerLite4-2', 11, '2024-02-19 03:44', 'https://www.reddit.com/r/Bitcoin/comments/1au933z/dca_life_hack_pay_yourself_to_do_things_for/kr30it1/', 'You’ll have to wait until he’s done', '1au933z']]], ['u/kynek99', 'Can we all buy $21 worth of Bitcoin on the halving day ~ April 20th ?', 567, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/', "Let's see what's going to happen if we all buy at the same time.", 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/', '1au9iyv', [['u/CryptoYuzu', 79, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2gf0g/', 'I’ll buy $2100 on the day of the halving.', '1au9iyv'], ['u/Ih82Bthisguybut', 30, '2024-02-19 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2khkt/', "I'm in for $5", '1au9iyv'], ['u/Keanu-Trees', 368, '2024-02-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2nh4v/', 'I will if you remind us.', '1au9iyv'], ['u/jaymeetee', 12, '2024-02-19 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2nrvk/', 'There’s about half a billion dollars worth of BTC being bought daily by the ETFs right now (net). That’s more than 21m $21 BTC purchases every day.', '1au9iyv'], ['u/ultra_annoymnuos', 12, '2024-02-19 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2od9u/', "On my clock it's the 17th of April. Not 20th", '1au9iyv'], ['u/StarGraz3r84', 241, '2024-02-19 02:23', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ovnk/', '$69 on 4/20', '1au9iyv'], ['u/1025scrap', 26, '2024-02-19 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2p25z/', 'Whoa Mr. Moneybags', '1au9iyv'], ['u/based_pinata', 11, '2024-02-19 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pfis/', 'You can lighten up a lil', '1au9iyv'], ['u/Own_Chapter9338', 14, '2024-02-19 02:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2piif/', 'if the halving is really on 420 i think we will hear from the master himself he will be so please. He will order da god candle.', '1au9iyv'], ['u/kynek99', 32, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pt3t/', 'deal!', '1au9iyv'], ['u/kynek99', 29, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pvrd/', 'Anything you have, just on the day on halving', '1au9iyv'], ['u/RecordedWave', 15, '2024-02-19 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2pwqr/', 'How about 21,000 sats worth? 🙂', '1au9iyv'], ['u/bubumamajuju', 81, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2q1vm/', "I'll buy $21,000", '1au9iyv'], ['u/treeguy201', 49, '2024-02-19 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2q4rz/', 'I’ll buy 21 Bitcoin', '1au9iyv'], ['u/Natedawg316', 10, '2024-02-19 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2qzct/', 'You have my sword.', '1au9iyv'], ['u/YellowCore', 18, '2024-02-19 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2sdwb/', 'I’m going to remind you… Confirming $21K USD?', '1au9iyv'], ['u/Temper-King', 12, '2024-02-19 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2sdy8/', 'How about you do it now lol', '1au9iyv'], ['u/Slay_Nation', 94, '2024-02-19 02:51', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2swrg/', "Is this insider a trading? because I'm down.", '1au9iyv'], ['u/SatoshiBlockamoto', 24, '2024-02-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tgdy/', "Yeah but if I do it that's $500,000,021.", '1au9iyv'], ['u/Phoenox330', 11, '2024-02-19 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tv58/', "Let's make it real $690", '1au9iyv'], ['u/Praeteritus36', 11, '2024-02-19 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2tz6w/', '$6,900', '1au9iyv'], ['u/FrontalLobeGang', 12, '2024-02-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2u3bk/', '$420.69', '1au9iyv'], ['u/FrontalLobeGang', 15, '2024-02-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2u5zp/', 'Holy whale alert 🚨', '1au9iyv'], ['u/Praeteritus36', 21, '2024-02-19 03:01', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ugc4/', 'This guy fucks!', '1au9iyv'], ['u/WarmMillerLite4-2', 19, '2024-02-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2uzrn/', 'Nice', '1au9iyv'], ['u/SpaceToadD', 27, '2024-02-19 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2xuuz/', 'If they can do it, we can do it!', '1au9iyv'], ['u/seanagibson', 10, '2024-02-19 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y4mz/', 'And my green dildo', '1au9iyv'], ['u/cosmoshistorian', 18, '2024-02-19 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y5qh/', 'same', '1au9iyv'], ['u/Real1ty_Tr1ppz', 12, '2024-02-19 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2y88y/', 'Nice', '1au9iyv'], ['u/proof-of-conzept', 31, '2024-02-19 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2ybdw/', 'too', '1au9iyv'], ['u/Chewgnome', 12, '2024-02-19 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2yspk/', 'Nice', '1au9iyv'], ['u/Wh4t_for', 19, '2024-02-19 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr2z90y/', 'Put it in your calendar', '1au9iyv'], ['u/Mrgod2u82', 15, '2024-02-19 03:43', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr30e3t/', 'Oh, USD. Make it worth my time and buy $210k then', '1au9iyv'], ['u/Pugilist12', 16, '2024-02-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr31dpa/', 'Let’s be wildly liberal with an estimate and say you could get 10k people to do that. $210,000 USD. 4 BTC. It’s nothing. Not even a drop in an ocean.', '1au9iyv'], ['u/Only_Constant_8305', 24, '2024-02-19 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr36l0y/', 'no, since anyone can read this thread it can be considered public', '1au9iyv'], ['u/Traditional-Fan-9315', 31, '2024-02-19 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr3odbm/', 'This is the market manipulation I came here for.', '1au9iyv'], ['u/courtneyjohn797', 10, '2024-02-19 13:58', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4q28o/', 'That’s definitely a drop in an ocean big guy', '1au9iyv'], ['u/courtneyjohn797', 13, '2024-02-19 14:02', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4qgxj/', 'How many drops do you think are in an ocean?', '1au9iyv'], ['u/courtneyjohn797', 16, '2024-02-19 14:04', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr4qppd/', 'Then maybe try drop in a bucket there pal because saying drop in an ocean just sounds stupid.', '1au9iyv'], ['u/Wiseguy888', 13, '2024-02-19 16:34', 'https://www.reddit.com/r/Bitcoin/comments/1au9iyv/can_we_all_buy_21_worth_of_bitcoin_on_the_halving/kr5ccp0/', 'I like the coin', '1au9iyv']]], ['u/Visual_Building_1666', 'What Percentage of your Portfolio is in Bitcoin? And what else do you have?', 32, '2024-02-19 01:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/', 'Trying to think of & figure out a winning formula for these next 14-18 months. I am thinking to invest/hold about: 1/6 FBTC; 1/2 split between CLSK, BITF, and MARA; and 1/3 ETHE in Roth IRAs. I think these top Bitcoin miners will likely be a "leveraged play" on the rising price of Bitcoin and make even bigger returns in this bull run to summer 2025. And I hope that Blackrock and others will keep up the pressure, so that spot Ethereum ETFs are approved this year, which would naturally boost up Ethereum\'s price.\n\nI\'m eager to hear what people think of this approach, and what percentage of Bitcoin and Bitcoin related stocks and coins you have in your portfolio to maximize gains these next 14-18 months. Thanks! And I\'m especially interested to hear from people who have been successful holding a mix of Bitcoin and Bitcoin miner stocks.', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/', '1au9kmj', [['u/Simke11', 10, '2024-02-19 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2hmuk/', '60% BTC, 33% ETH, and 7% a mix of alts that I started buying 3 months ago. All new projects launched during bear.\n\nL1s: SUI, SEI, APT, DYM\n\nDeFi: RDNT, MAV, JTO, JUP\n\nInteroperability: AXL, NTRN, SYN, PYTH\n\nPlan is to increase alt portion of the portfolio to 10-15%.', '1au9kmj'], ['u/Sion0x', 14, '2024-02-19 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2hvvz/', '50% BTC, 25% ETH, 25% alts', '1au9kmj'], ['u/whatsuppaa', 14, '2024-02-19 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2ii7p/', '25% BTC 25% ETH 25% SOL 15% LINK 10% Microstrategy stock.', '1au9kmj'], ['u/Junglebook3', 12, '2024-02-19 01:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2j19r/', '30% BTC 70% ETH', '1au9kmj'], ['u/kd10023', 18, '2024-02-19 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2jio4/', 'Portfolio is $15k> so i’m going 75% alts. Either gonn lose half or go 5x. I like those odds', '1au9kmj'], ['u/Kesonac', 10, '2024-02-19 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9kmj/what_percentage_of_your_portfolio_is_in_bitcoin/kr2o6z7/', "Same brother, only difference is that I'm 100% alts lmao", '1au9kmj']]], ['u/Stew-Cee23', 'How do we claim this fiasco on our taxes', 49, '2024-02-19 01:27', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/', 'I never claimed a loss from Celsius on my taxes because I needed to see how the distribution would play out (I already paid taxes on the interest from previous years).\n\nHow do we even do cost basis on the coins we originally owned when they converted everything to BTC/ETH and gave us that instead? Do we just do an aggregate?', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/', '1au9pk2', [['u/Redsox3399', 13, '2024-02-19 01:31', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2h806/', 'The fact that they won’t provide any tax info is also so helpful! It seems like we need expert CPA to sort this mess out.', '1au9pk2'], ['u/fuzzytradr', 14, '2024-02-19 01:55', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2kric/', 'At the very least, download your transaction history from the app before they shut it off this month.', '1au9pk2'], ['u/cantrunfromthepuns', 18, '2024-02-19 01:59', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2lci9/', 'I think since payout is in 2024, it would apply for next year’s taxes.', '1au9pk2'], ['u/O1O1O1O', 13, '2024-02-19 02:02', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2lolo/', "I gave them x BTC and y ETH and a bunch of alts. They gave me back 0.2 x BTC and 0.6 y ETH so I'll call the rest sold for $0 and deduct the gain on Ionic when it becomes table on NASDAQ. I think I'll have a massive loss to deduct for years to come.", '1au9pk2'], ['u/Only-Crew8299', 11, '2024-02-19 02:44', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr2rxts/', "I'm not an accountant or tax lawyer, but here's what I'm doing:\n\nSay I had 1 BTC and 10,000 ADA, and I got back 0.18 BTC, 2.68 ETH, and 189 shares of Ionic Digital Class A common stock.\n\n• I lost 0.82 BTC (1 – 0.18). I multiply that by my cost basis, and claim a long-term capital loss. (Getting 0.18 BTC returned to me in kind is not a taxable event.)\n\n• I lost 10,000 ADA. I multiply that by my cost basis, and claim a long-term capital loss.\n\n• I received income of 2.68 ETH x $2,577.4752. I report that as income in 2024. When I sell that ETH in 2025, I use that price as my cost basis to determine my capital gain.\n\n• I received income of 189 shares of Ionic Digital x $20/share. I report that as income in 2024. When I sell those shares in 2025, I use that price as my cost basis to determine my capital gain.\n\nThis all seems clear and straightforward to me. If the IRS wants to challenge this approach, I'll deal with it when they do.", '1au9pk2'], ['u/ThunderPantsGo', 10, '2024-02-19 06:58', 'https://www.reddit.com/r/CelsiusNetwork/comments/1au9pk2/how_do_we_claim_this_fiasco_on_our_taxes/kr3oex3/', "It's worth noting that, per the Aaron Bennet video, you can only claim a Ponzi loss if you itemize your tax filings. If you take the standard deduction, you don't qualify for the Ponzi loss claim. Those of us who take the standard deduction in our taxes, don't have anything to claim in the 2023 tax filings and must wait until 2024's filing to record a loss (or gain if you're lucky enough based on your crypto cost basis).", '1au9pk2']]], ['u/IRedditDoU', 'I setup a daily $15 purchase of BTC on coinbase, something is amiss. Maybe y’all can help me understand.', 488, '2024-02-19 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/', '\nI swear they somehow are only buying at the highest price. Am I crazy? Every purchase has been at different times each day. Some as soon as 9 hours apart, 7pm and 4am, and others as much as 20 hours apart. But, in 5 days, no purchases have happened when BTC is at its lowest cost, almost every time at its highest. Are they maybe trying to mimic by BTC amount purchases when I setup the recurring buy? I am at a loss. I’d prefer to keep the convenience of the auto buy, but also I’m wondering if I should just start buying the same amount when I feel like it each day. Does anyone have any insight or similar experience?', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/', '1au9usg', [['u/MyNi_Redux', 229, '2024-02-19 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2i9gu/', 'COIN arbing on its own customers?\n\nNo way! 😏', '1au9usg'], ['u/noonewonone', 1872, '2024-02-19 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2iv51/', 'They’re not buying BTC for you, they’re selling their BTC to you at an optimal price.', '1au9usg'], ['u/DeathMoJo', 57, '2024-02-19 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2ja54/', 'I use Kraken for my auto-buys, you can set a time with them and it purchases pretty much with a few seconds of that time every time. I been on a twice a month buy for a couple years with them.', '1au9usg'], ['u/CryingRipperTear', 209, '2024-02-19 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2jh1b/', "you're not crazy, coinbase does this on purpose to make more money.\n\nuse kraken instead", '1au9usg'], ['u/discussionandrespect', 85, '2024-02-19 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2manq/', 'Use advanced trading instead and buy on red days', '1au9usg'], ['u/ecrane2018', 50, '2024-02-19 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2mqui/', 'It’s how most free trading platforms work unless you are doing limit buys and sells.', '1au9usg'], ['u/TheGDC33', 16, '2024-02-19 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2mudj/', 'Coinbase Pro does not exist anymore. Advanced Trade is the way to get the lower fees now', '1au9usg'], ['u/vinsanity_07', 32, '2024-02-19 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2n1wm/', "You are just doing a market order buy , they are selling you it higher than it is, that is their spread and that's how they make their money", '1au9usg'], ['u/Podsly', 14, '2024-02-19 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2o922/', 'Coinbase are buying low and selling to you high', '1au9usg'], ['u/BigPlayCrypto', 13, '2024-02-19 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2q0m0/', 'I got a friend that says he uses Kraken I gotta check it out', '1au9usg'], ['u/conlius', 22, '2024-02-19 02:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2qzqt/', 'They aren’t free though, are they? I thought they ate a 1% fee or something on auto purchase.', '1au9usg'], ['u/idk98523', 12, '2024-02-19 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2r5rt/', "Make the same daily deposit but keep it in cash on the platform. Once a week during a red day make your purchase manually. Don't let someone else spend your money for you at their convenience.....", '1au9usg'], ['u/throwaway92715', 47, '2024-02-19 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2ryws/', 'Seriously just take the 30 seconds and do your own DCAing', '1au9usg'], ['u/Da_Notorious_HAM', 398, '2024-02-19 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2tzaa/', 'This is the correct answer', '1au9usg'], ['u/DeathMoJo', 10, '2024-02-19 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2udgo/', "What I love is the amount of security options available. Multiple 2 factor authentications and levels of security might seem annoying but not when I think how many exchanges have issues. \n\nThe level of transparency, support and social media presence makes it easier to want to support them.\n\nAny technical issues I have had, support has been quick to respond. \n\nNever issues with funding or transferring crypto. I like their analysis products as well. I'm not a heavy trader but nice to read how the industry is doing.", '1au9usg'], ['u/IRedditDoU', 11, '2024-02-19 03:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2vufe/', 'No, they’re not. I use coinbase one and my fees saved far out pace my costs. However, this has nothing to do with that. I just noticed a pattern of inconsistency with the way coinbase makes my automated purchases and thought I’d bring it to light. I’ll go back to manual now, as this 5 day experience has been bullshit.', '1au9usg'], ['u/Honest_Path_5356', 49, '2024-02-19 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2widx/', 'He could literally just use advance trade instead and buy $15 everyday.', '1au9usg'], ['u/IRedditDoU', 12, '2024-02-19 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2wk20/', 'I understand. I don’t pay fees, I pay a monthly subscription for coinbase one and typically use advanced trading. This was just an experiment I wanted to try in order to make my life easier and my purchases more thoughtless. 99% of my crypto purchases have been manual. I’ve been at this 10 years. I just got too excited at the thought of making it mindless.', '1au9usg'], ['u/IRedditDoU', 23, '2024-02-19 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2xeum/', 'I have coinbase one and use advanced trade. Depending on your volume, they both cost more than they “should”', '1au9usg'], ['u/IRedditDoU', 226, '2024-02-19 03:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr2zru6/', '🔥 makes way more sense. Back to limit purchases. I was just trying to have a mindless way to buy daily and also take advantage of coinbase one without having to keep setting limits over and over.', '1au9usg'], ['u/bingbingMMapple', 23, '2024-02-19 04:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33boe/', 'If your time preference is low enough it doesn’t matter what price you buy in at. I’m using your exact method, coinbase one, daily auto buys. \n\nMy conviction is strong enough to the point where I consider sub 100k BTC a discount.', '1au9usg'], ['u/IRedditDoU', 29, '2024-02-19 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33ssz/', 'I just commented something similar to a different person who replied. I said something along the lines of “you’re gonna wake up one day and be like $52k was a discount “', '1au9usg'], ['u/calmtigers', 34, '2024-02-19 04:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr33xr5/', 'TBH this should be a new article. Coinbase loves to tout that they’re the pillar of ethics in the crypto scene', '1au9usg'], ['u/RotoHack', 30, '2024-02-19 04:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3ae3u/', "lol this can't be serious. If coinbase actually does this then shame on them. And shame on anyone who is smart enough to know they are being taken for a ride and allowing it to happen.\n\nTo answer your question YES it matters. Why wouldn't you want 2% more BTC? Low time preference has nothing to do with this it's just being lazy/dumb", '1au9usg'], ['u/theslimbox', 17, '2024-02-19 05:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3cs6x/', 'Sounds like coinbase. I used to always do limit orders, but one day in a rush, I placed a market order on a shitcoin. I placed the amount I wanted to buy, and clicked the button, and wham, I get that many coins for 10x current market price. I tired to open a case with coinbase, but they just said I hit buy at a time when that was the only price available, but there were multiple trades around mine for close to market price, but my trade which should have been a $450 purchase(instead $4500) was in-between a bunch of $10-$50 purchases. Sadly that was almost of my 2021 gains that I was going to transfer to my bank...', '1au9usg'], ['u/RotoHack', 15, '2024-02-19 05:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3e2vd/', 'Run the math on how much compounding value you would lose over decades. A few % may not seem like much, but over decades its gonna add up to alot of corn.', '1au9usg'], ['u/Zeffy', 18, '2024-02-19 05:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3e3jt/', 'The transaction never hits the market. They just credit your account that the transaction happened at the market high.', '1au9usg'], ['u/sogladatwork', 11, '2024-02-19 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3g17i/', 'Right. But surely they have to time it to the market to get away with that, no?', '1au9usg'], ['u/houganger', 95, '2024-02-19 07:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3oyb6/', 'Now keep your previous setup and whenever you see that coinbase is doing a purchase for you, sell 10x the amount back.', '1au9usg'], ['u/harkt3hshark', 10, '2024-02-19 07:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3ozi5/', 'Hmm, even on the long run, every percent even counts more.', '1au9usg'], ['u/MilanCC', 62, '2024-02-19 07:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3u2yb/', 'Interesting idea. Because if you could sell all daily tops and set a rebuy lower you could make a nice profit.', '1au9usg'], ['u/ListenToKyuss', 249, '2024-02-19 07:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3u77p/', 'This guy just invented daytrading', '1au9usg'], ['u/MilanCC', 10, '2024-02-19 08:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3urft/', 'If that is actually what they do that that’s fraud. They would not be that stupid. Likely they execute all daily scheduled trades at the same time and this moves the market.', '1au9usg'], ['u/papertrail369', 38, '2024-02-19 08:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3vtti/', 'Lmao bro is on to something 😂', '1au9usg'], ['u/rootpl', 38, '2024-02-19 08:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr3wiae/', '>This guy just invented daytrading\n\n🤯', '1au9usg'], ['u/Appropriate_Yak_4438', 33, '2024-02-19 09:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr41314/', 'The thing is coinbase does not need to guess the top, they just need to update your account once a day, they can update your account at 23:59 every day and tell you they bought the top exactly. Might be pretty obvious but they don\'t have to do the whole day, just a 6h span "for their system to do its thing" is plenty sufficient to make a buck extra on you.', '1au9usg'], ['u/ZiraDev', 41, '2024-02-19 09:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr43hoh/', 'oh yeah, BTC was 47669 at 6PM? Well unfortunately we bought it for you at 47990 some hours later.\n\nDo it with millions of customers and suddenly your infinitely small spread turns into a huge profit every day.', '1au9usg'], ['u/Appropriate_Yak_4438', 13, '2024-02-19 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1au9usg/i_setup_a_daily_15_purchase_of_btc_on_coinbase/kr44d6u/', "Not really they are probably forced to do something like that, they can't do every single purchase at the same millisecond and the same price, and if half of their customers got their purchase cheaper it would probably be an even worse outcome.\n\nAlso thats what banks have been doing for hundreds of years, there are sure a couple loop holes in the laws. Think it's a coincidence every time you buy something the money is drawn instantly but when you make a refund it takes 3-5 working days?", '1au9usg']]], ['u/Far_Breakfast_5808', "If there's one thing I have learned about many (not necessarily all) crypto proponents, it's that they tend to be very self-centered and lack empathy", 54, '2024-02-19 02:39', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/', 'Take for example in cases where people lost their crypto/BTC. It could be due to scams, due to misspellings, due to losing their keys, etc. It doesn\'t matter. Whatever the case, it\'s always the person\'s fault. It is never Bitcoin\'s fault, or the system\'s, or even the structure. When people lose their money, all they can say is "SOL" without giving advice or even sympathy.\n\nFiat\'s financial system isn\'t perfect and it has several issues. But at least it has safeguards to prevent or at least mitigate the kinds of scams or losing money the way crypto does. For crypto proponents, things like non-reversibility are not issues but features, features they support. Sure they may cite that it helps prevent chargeback scams, but really, are they really more of an issue than customers/victims being defrauded?\n\nSo really, why does it seem that most of these crypto proponents and BTC fans lack empathy and/or are self-centered? Is it a libertarian thing in general, or is it a crypto-specific issue? I don\'t even think it\'s just about the get-rich crypto proponents because even the "in for the tech" and "we use it to get around the government" pro-crypto people have the same attitudes.', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/', '1aub8c0', [['u/StatisticalMan', 15, '2024-02-19 03:06', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2v1ln/', "It can't be anything but irreversible, dog eat dog, you are completely responsible, zero recourse/recovery. Building that in would be impossible. So good or bad Bitcoin transactions will never be irreversible. Not today, not tomorrow, not 200 years from now. Reversibility requires a human, a central authority and the ability to reverse any transaction so it is never going to happen.\n\nSo if it can't happen then it must be a feature right?", '1aub8c0'], ['u/spraypaintthewalls', 20, '2024-02-19 03:20', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2x1vy/', 'A libertarian with empathy is about as rare as a grizzly bear with table manners.', '1aub8c0'], ['u/4esthetics', 16, '2024-02-19 03:22', 'https://www.reddit.com/r/Buttcoin/comments/1aub8c0/if_theres_one_thing_i_have_learned_about_many_not/kr2xfw7/', 'Crypto inherently attracts this kind of person. It takes a combination of narcissism and main character syndrome to keep you into it. Think of a doomsday prepper mentality but with money. They had the foresight to get in on the ground floor of a “project” because they’re super smart and special. And this will be rewarded with massive wealth. Therefore, everyone else is an idiot for not getting into it sooner. That’s literally the mentality you’re starting with. So, anyone who gets scammed, loses their keys or loses all their crypto to an exchange, falls into the same category of “no-coiner” rube. That person didn’t do their due-diligence or pay attention to what they’re doing, so it’s their fault. They deserve no sympathy. They didn’t have what it takes to “make it.” And any sympathy will encourage safe-guards. And those can only be guaranteed through centralization. Which is antithetical to the entire ecosystem.'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Ethereumis experiencing a bullish run, climbing nearly 4% in a single day and boasting a 28% increase since the start of February. Analysts predict this upward trend could continue, driven by a confluence of positive factors, such as the highly anticipated Dencun upgrade. Scheduled for release within a month, this upgrade will introduce "proto-danksharding," a technology that reduces data availability costs and paves the way for faster and cheaper transactions.\nAdding to the excitement is the growing speculation that the US Securities and Exchange Commission (SEC) might finally approve a spot Ethereum ETF this year. The recent green light for several Bitcoin ETFs has fueled hope that Ethereum will follow suit, potentially attracting significant investments and boosting the token\'s price.\nFurther bolstering the bullish sentiment is the increasing confidence among traders, evident in the rising open interest in Ethereum futures and options contracts. CryptoQuant, a leading on-chain analytics platform, highlights this trend but cautions against complacency, emphasizing the potential for sudden sell-offs.\nTrading volume, a crucial indicator of market participation, is also picking up, although it hasn\'t quite reached the levels seen during the November 2021 bull run. Notably, major Bitcoin news, like the recent ETF approval, has triggered surges in Ethereum trading volume, suggesting its sensitivity to broader market developments.', 'ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global (COIN) for roughly $90 million last Friday. This move comes despite positive analyst sentiment following Coinbase\'s stronger-than-expected fourth-quarter results.\nARK, one of Coinbase\'s largest institutional backers, shed shares across its various exchange-traded funds (ETFs): 397,924 from ARKK, 45,433 from ARKW, and 55,792 from ARKF. This brings the total number of shares sold to 499,149.\nThis decision appears to contradict the bullish outlook from several analysts following Coinbase\'s earnings report. The stock surged nearly 27% last week, fueled by upbeat financial results. KBW upgraded the stock to "market perform" and raised its price target, while analysts at Wedbush, Canaccord Genuity, and JMP Securities also adjusted their targets upwards.\nHowever, not all analysts shared the optimism. JPMorgan criticized Coinbase for its lack of transparency regarding the impact of spot Bitcoin ETFs on its business. Whether ARK\'s move signals a broader concern about Coinbase or simply portfolio rebalancing remains to be seen.', "Hong Kong's crypto market is experiencing a surge of interest from established financial institutions, eager to capitalize on the booming demand for digital assets. Less than a year after regulatory approval for crypto exchanges, traditional brokerages like Tiger Brokers and Victory Securities are aggressively pursuing licenses to offer crypto trading services.\nTiger Brokers has already upgraded its Hong Kong license to include crypto trading for professional investors and institutions. Retail investors will soon be able to join the platform once the Securities and Futures Commission (SFC) grants approval. The firm plans to offer Bitcoin and Ethereum alongside traditional assets like stocks and options, with plans to explore altcoin listings subject to regulatory greenlight. Tiger Brokers views crypto as a natural business extension, citing synergy with its existing fintech expertise.\nVictory Securities isn't far behind, having secured a retail crypto trading license in November 2023. They've already witnessed significant growth in virtual asset transactions and new customers, prompting them to launch trading discounts to attract even more.\nPartnerships are also accelerating the crypto integration. Licensed crypto exchange OSL joined forces with Interactive Brokers to offer Bitcoin and Ethereum trading to retail investors through Interactive Brokers' platform. Additionally, Bybit, another crypto exchange, has submitted a retail trading license application, aiming to join the market.\nHowever, obtaining a license comes at a cost. Web3 firms seeking licenses need to invest up to $25 million in infrastructure and compliance, highlighting the commitment required to navigate the regulatory landscape.", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "The roller coaster continues forCoinbase(NASDAQ: COIN). After its shares tanked 86% in 2022, they skyrocketed 391% last year. And the business just reported fourth-quarter 2023 results that were incredibly well-received by the market, sending its shares even higher in 2024.\nDespite its remarkable comeback, thistop crypto stockremains 46% off its all-time high (as of Feb. 16). Does this mean it's a good idea to buy the dip?\nRisinginterest ratesand macro uncertainty in 2022 crushed the cryptocurrency market, which lost about two-thirds of its value that year. But 2023 was a bounce-back period, as the industry gained about $800 billion in value, good for a doubling. The momentum has continued into 2024. Perhaps the so-called crypto winter has changed seasons to become crypto summer.\nThis favorable backdrop benefits Coinbase, a leading brokerage and exchange operator. It reported net revenue of $905 million in the last quarter, up 50% year over year. This was driven by consumer trading volume that jumped 164% quarter over quarter.\nBecause 59% of Coinbase's sales still come from trading fees, it's not a surprise the company would perform extremely well when crypto asset prices are soaring. Interest in digital tokens from both individual and institutional investors is high right now, and Coinbase is a popular platform for gaining exposure.\nThe business has focused relentlessly on cutting costs, a similar strategy that many other tech enterprises have undertaken, particularly following the bloat that might have been created during the pandemic boom. But even with a drive for efficiency, I think investors were surprised when Coinbase reported positive net income in Q4 2023 of $273 million. This is a huge reversal from the net loss of $557 million in Q4 2022. A huge one-time tax benefit helped here.\nDespite the impressive results, Coinbase is still heavily dependent on the excitement surrounding crypto assets. I'm confident the market will experience ongoing boom-and-bust periods, which will directly affect the company's financial performance.\nTo its credit, the executive team has been prioritizing subscription and services, which raked in $375.4 million of revenue last quarter (up 33% year over year), representing 44% of total net revenue. This segment consists of custodial fees, an area that could get a boost since Coinbase is a custodian for many of theBitcoinspotexchange-traded funds. There's alsostakingrevenue from allowing its users to lock up their tokens on various blockchain networks.\nBut the biggest contributor to subscription and services is interest income. It accounted for 57% of the segment's total in Q4 2023, a figure that stems from the company's activities with theUSDC stablecoinand customer funds. While this lessens Coinbase's dependence on the movement of crypto prices, it does make the business reliant on higher interest rates. If the Federal Reserve reverses course and cuts rates, this huge revenue generator could dry up for Coinbase.\nConsequently, it's reasonable to assume that the company's financial results will continue to be volatile going forward from period to period. Management is trying to transition the cryptocurrency industry from one characterized by excessive financial speculation to one driven by greater utility. I think we are still in the former situation.\nThat doesn't mean the stock should be ignored. Only investors who believe in the long-term success and viability of the crypto market should add this business to their portfolios. Should the industry become a much larger part of the overall economy a decade from now, it's hard to envision a scenario where Coinbase isn't a winner.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nDown 46% From Its All-Time High, Is It Time to Buy Coinbase Stock?was originally published by The Motley Fool", "• Bitcoin order books are the most liquid since October, the 2% market depth indicates.\n• U.S.-based exchanges are leading the uptick in the global order book liquidity.\nAspredicted in December, the U.S.-based spot bitcoin {{BTC}} exchange-traded funds (ETFs) approved in January are impacting not only the cryptocurrency's price, but also order book liquidity, or the ability to trade at stable prices.\nThese effects are increasingly evident a month after the nearly a dozen ETFs began trading.\nEarly Tuesday, bitcoin's 2% market depth across 33 centralized exchanges, or the combined value of buy and sell orders within 2% of the market price, rose to $539 million. That's the highest since October and a roughly 30% increase since the spot ETFs hit the market on Jan. 11, according to data tracked by Paris-based Kaiko.\nThe greater the market depth or liquidity, the easier it is to buy and sell large quantities without affecting prices, and the lesser the slippage, the difference between the prices at which trades are quoted and executed.\nU.S.-based exchanges have led the rise in the global bitcoin market depth, according to Kaiko.\nThe share of the U.S.-based exchanges in the global 2% market depth has increased to 48% from 14.3% since spot ETF expectations gripped the market in October.\nWhile the market depth has improved, it remains well below the levels in excess of $800 millionobserved beforethe collapse of Sam Bankman-Fried's crypto exchange FTX and its sister concern, Alameda Research, in November 2022.", "• Bitcoin order books are the most liquid since October, the 2% market depth indicates.\n• U.S.-based exchanges are leading the uptick in the global order book liquidity.\nAspredicted in December, the U.S.-based spot bitcoin {{BTC}} exchange-traded funds (ETFs) approved in January are impacting not only the cryptocurrency's price, but also order book liquidity, or the ability to trade at stable prices.\nThese effects are increasingly evident a month after the nearly a dozen ETFs began trading.\nEarly Tuesday, bitcoin's 2% market depth across 33 centralized exchanges, or the combined value of buy and sell orders within 2% of the market price, rose to $539 million. That's the highest since October and a roughly 30% increase since the spot ETFs hit the market on Jan. 11, according to data tracked by Paris-based Kaiko.\nThe greater the market depth or liquidity, the easier it is to buy and sell large quantities without affecting prices, and the lesser the slippage, the difference between the prices at which trades are quoted and executed.\nU.S.-based exchanges have led the rise in the global bitcoin market depth, according to Kaiko.\nThe share of the U.S.-based exchanges in the global 2% market depth has increased to 48% from 14.3% since spot ETF expectations gripped the market in October.\nWhile the market depth has improved, it remains well below the levels in excess of $800 millionobserved beforethe collapse of Sam Bankman-Fried's crypto exchange FTX and its sister concern, Alameda Research, in November 2022.", 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) - Bitcoin is riding high.\nThe world\'s largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since its record heyday of late 2021.\nIts resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko.\nThe sector has been bolstered by the U.S. regulatory approval of several spot bitcoin exchange-traded funds (ETFs), from BlackRock and Fidelity among others, which allow access to the crypto coin vis regular stock exchanges.\nThe U.S. spot ETFs added 60,000 bitcoin in the first month of their launch, more than twice the miner production in the same period, brokerage Bernstein said.\n"The amount of flows far outstrips anyone\'s expectation," said Mark Connors, head of research at Canada\'s 3iQ Corp.\nCrypto trading volumes are also robust.\nTotal spot trading volumes on centralized exchanges rose 4.4% to $1.4 trillion in January, recording the fourth consecutive monthly increase and the highest reading since June 2022, a report by London-based researcher CCData said.\nThe resurgence of interest helped the largest listed crypto exchange Coinbase Global post its first quarterly profit in two years last week .\n"The bitcoin appreciation is contributing to better spot bitcoin ETF flows, which is in turn driving bitcoin prices higher, and pulling other tokens higher as well," J.P.Morgan analysts said.\n$150,000 BITCOIN IN 2025?\nMany industry watchers say the outlook is looking bright at the moment, with investors buying bitcoin ahead of the blockchain\'s "halving" - a preplanned process that reduces mining rewards in half every four years - due in April.\nGautam Chhugani, analyst at Bernstein, expects 2024 to be a break-out year for cryptocurrencies where bitcoin hits all-time highs followed by a peak of $150,000 by mid-2025.\n"This optimistic outlook is bolstered by the expectation of an upcoming halving event and the possibility of interest-rate reductions," CCData analysts said.\nWhile bitcoin remain 32% away from its record high of $69,000, it notched an all-time high against the Japanese yen at 7,919,000 yen last week.\nBEWARE GREEDY CORRECTION\nIt\'s not all crypto high-fives: There are some signs the market is being led by investors driven by FOMO.\nCoinGlass\' Crypto Fear & Greed Index, a scale of 0 to 100 where zero denotes "extreme fear" and 100 signals "extreme greed", hovered at 72. Usually when investors get too greedy, it signals the market is due for a correction.\nRiskier assets such as bitcoin could be threatened by persistently high interest rates; traders\' have pushed back bets of a rate cut to June from March following a string of strong U.S. economic data.\n"While we remain bullish with liquidity rushing back into risk assets, inflation being sticky over 3% remains a downside risk and would also mean increased volatility across markets," analysts at crypto trading firm QCP Markets said.\n(This story has been refiled to add a dropped word in paragraph 15)\n(Reporting by Medha Singh and Lisa Pauline Mattackal in Bengaluru; Editing by Pravin Char)', "Chicago, IL – February 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN.\nBitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens.\nWith the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy.\nThe launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms.\nIn a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors.\nARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment.\nThe anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors.\nCleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024.\nCLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.\nNvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025.\nNvidia has a Zacks Rank #2 and a Growth Score of A at present.\nAdvanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year.\nAMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold).\nMarathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year.\nMarathon Digital has a Zacks Rank #3 and a Momentum Score of B at present.\nIris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year.\nIris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance\xa0for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nMarathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nIris Energy Limited (IREN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", 'Ethereumsmart contractdevelopers come together to release DN-404, a newtoken standardseeking to improve on the implementation of the recently hyped ERC-404 tokens. In the same week,StarkNetannounced theirairdrop, which has left a bitter taste in many users’ mouths after a minimumwalletbalance criteria excludes many users who had their funds deposited in applications on the chain.\nTotal Value Locked(TVL) across all chains blast even higher as cryptocurrency majors show no sign of slowing down their ascent, led byBTC’s move through the 50K mark. Notable outperformers includeCosmos-based,Sei, and BitcoinL2,Stacks, which both saw jumps in TVL of over 75% this week.\nSource: https://coinmarketcap.com/chain-ranking/\nDeFi Ignas shares on patterns in speculation and how one might speculate onnarrativesbrewing in the space.\nTL;DR:\n• Speculation on narrative often comes in waves.\n• Speculation built around innovative narratives have a much higher chance of a second wave of speculation, compared tomemecoinswhich often die out permanently\n• For new narratives, the first wave often comes from excitement around the new, shiny thing. The second wave comes with new catalysts such as a new token standard or investment from a reputable firm.\nSmart contract engineers in the Ethereum space come together to release DN-404, the “DivisibleNFT” standard, their own iteration of the hybridERC-20andERC-721token standard that was popularized the week prior by ERC-404 tokens.\nWhite hat hacker, samczsun and various members of the crypto security community come together to reveal the Security Alliance (SEAL). SEAL is designed to help protocols who have just beenexploitedas well as conduct drills to prepare protocols for potential exploits.\nOther Product Launches and Updates\n• Stablecoinprotocol,Liquity Protocol, unveils their new collateralized debt position (CDP) model, with improvements such as user-set interest rates for a customized borrowing experience, adaptive rates, improvedpegdynamics and better redemption protection among other features.\n• ETHliquid staking token(LST) stablecoin protocol,Prisma Finance, introduces ULTRA, a new stablecoin backed by liquid restaking tokens, beginning with EtherFi’swrapped eETH(weETH).\n• CoW DAO, the team behindmaximal extractable value(MEV) protecteddecentralized exchange(DEX),CoWSwap,introduces CoW AMM, anautomated market maker(AMM) model that optimizes forliquidity providersby capturing MEV profits that are traditionally lost toarbitrageursfor liquidity providers instead.\nApeCoinDAO, adecentralized autonomous organization(DAO) driving developments in the Yuga Labs ecosystem, has decided to develop the upcoming ApeChain on theArbitrumOrbit tech stack, using the APE token forgasandgovernancefor the new chain.\nOther Product Launches and Updates\n• Ethereum-based vault protocol,Sommelier Finance, expands to Arbitrum, bringing their most popular product, Real-Yield ETH, to the L2 chain leveraginginteroperabilitylayer,Axelar Network.\n• PerpetualsorderbookDEX,Vertex, unveils Vertex Edge, an expansion to theVertexsequencer to unify liquidity across multiple chains in an innovative orderbook liquidity layer.\n• On-rampsolution,ZKP2P, goes live on Coinbase L2, Base, enabling on-ramp of funds within 90 seconds, without the need for a wallet beforehand or ETH for gas.\n• Optionsprotocol,Lyra, proposes to migrate Lyra governance to their recently launched L2, Lyra Chain. The proposal also includes plans for a buyback andburnmechanism to reward active governance participants on the chain.\n• Multi-chainDEX,SushiSwap, introduces Susa, a powerful perpetuals DEX to be deployed on novel L2, Layer N. Susa takes the perpetuals DEX experience one step further with fullyon-chainorder books, superior capital efficiency and more, while remaining fullypermissionless.\nReal-estate perpetuals platform, Parcl, launches V3, which separates the maturity of deposits on the platform as well as provide an improved UI to depositors. Existing liquidity providers must migrate their existing position to continue earning points.\nPerpetuals DEX, Zeta Markets, launched their application on mobile, with traders on mobile earning double the Z-score up till 18th February.\nSolana-based wallet and exchange, Backpack, announces that Backpack Exchange trading volume will be a key factor in determining users’ Backpack Rank. This rank is expected to eventually convert to points which will affect a potential future Backpack token airdrop.\nCosmos-based chain, Sei, launches the Sei V2 Devnet. Sei V2 brings to the chain the parallelizedEthereum Virtual Machine, enabling compatibility with Ethereum and significantly increasedthroughput. Developers can now begin building on the Devnet.\nCelestialiquid stakingsolution, MilkyWay, announces mPoints, a point system to reward users who staked their TIA tokens with them. These points will directly impact the MILK token airdrop, which will occur in H1 2024.\nZero-knowledge rollup, StarkNet, announces the airdrop for the STRK token. Users can now check for eligible wallets on their site, with claims opening on 20 February 12pm UTC. Eligible users include StarkNet users, users of StarkEx projects, Ethereumstakersleading upthe Mergeand Ethereum developers.\nThe secondsnapshotwill be taken of the Solana Mobile Chapter 2 leaderboard on 21 February at 7PM UTC. The top 1500 users on the leaderboard will receive a special non-transferrable NFT to their registered wallet. Buyer who ordered their phone after the first snapshot will also receive their Chapter 2 Preorder Token in their wallets after this snapshot.\nAs markets heat up, CrytoCred reminds us never to use portfolioall-time-highsas a goal or anchor as most people never sell the top or flipbearishat the right time.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'Cryptocurrency tokenShiba Inu(CRYPTO: SHIB)delivered a return of more than 43,000,000% in 2021. It was one of the greatest gains in the history of financial markets, and it would have been enough to turn a perfectly timed investment of $3 into more than $1 million.\nBut the token has since plummeted 89% from its all-time high. A couple of things have contributed to the weakness: Shiba Inu has failed to gain traction as a payment mechanism, and investor sentiment toward speculative cryptocurrencies deteriorated starting in 2022.\nHowever, the tide appears to be turning for the better in the crypto industry.Bitcoinis up 23% in 2024 already, and the total value of all crypto in existence has reached $2 trillion for the first time in almost two years.\nSo can Shiba Inu ride the bullish wave to deliver more gains? Theoretically, it could soar from its current price of $0.0000098 all the way to $1 -- but it might not lead to life-changing fortunes for investors. Here\'s why.\nCryptocurrency fever peaked in 2021 when the total value of all tokens hit nearly $3 trillion. But it all fell apart in 2022 when some of the most prominent crypto experiments imploded.\nTheTerraUSDstablecoinde-pegged, wiping out an estimated $60 billion in value for investors in the process. Then one of the world\'s leading crypto exchanges, FTX, collapsed in a mess of fraud and deception that led to the conviction of its founder. By the end of 2022, the crypto industry was worth a mere $830 billion.\nA modest recovery started in 2023, butsoaring interest ratescapped investors\' appetite for risk. Nevertheless, leading coins like Bitcoin andEthereumcarried some positive momentum into 2024, and they are slowly trending toward their all-time highs.\nThe speculative end of the market -- where Shiba Inu lives -- remains subdued. Meme-tokens delivered losses so steep over the past couple of years that investors are still hesitant to buy. Unfortunately, Shiba Inu isn\'t giving them much reason for optimism; it hasn\'t generated any traction as a payment mechanism, and a mere 917 merchants around the world accept it in exchange for goods and services.\nIf speculative investors aren\'t convinced Shiba Inu will move higher, and consumers aren\'t adopting it, it will be hard to create or sustain any value over the long term.\nInvestors might finally be wising up to the main problem plaguing Shiba Inu: There are 589.3 trillion tokens in circulation, which is why it trades at a somewhat unconventional price point of $0.0000098. Even though it\'s lightyears away from trading at one cent ($0.01), let alone $1, the total value of all 589.3 trillion tokens at the current price is $5.8 billion.\nSimple math dictates that if Shiba Inu did rise to $1, it would give the ecosystem a market capitalization of a whopping $589.3 trillion. For context:\n• Microsoftis the largest company in the world, and it\'s valued at just $3 trillion.\n• U.S. gross domestic product (GDP) in 2023 was $27.9 trillion.\n• Global wealth -- all of the cash and assets held by households, corporations, and governments all over the world -- stood at $454 trillion in 2022.\nSo at $1 per token, Shiba Inu would be worth more than the total value of all of the recorded wealth on Earth. In other words, $1 is a pipe dream for investors in the current circumstances.\nHowever, the Shiba Inu community is currently "burning" tokens, which means removing them from the supply forever. The easiest way to participate is to send tokens to a dead wallet where they can never be retrieved. But enthusiasts have also created platforms like the Shiba Search internet search engine, which uses advertising revenue to buy Shiba Inu tokens to burn them. Similarly, there is also a music playlist people can stream that uses the royalties for the same purpose.\nTheoretically, burning enough tokens will push Shiba Inu to $1 organically -- as supply shrinks, the price per token has to rise in order to maintain a constant market capitalization.\nBased on Shiba Inu\'s current market cap of $5.8 billion, supply would have to fall to 5.8 billion tokens to organically lift the price per token to $1. In other words, roughly 99.99998% of the 589.3 trillion tokens now in supply would have to be burned.\nAbout 353 million Shiba Inu tokens have been burned during the past month. That translates to 4.2 billion tokens over the course of one year. At that pace, it would take 140,300 years to burn enough tokens to warrant a price of $1 -- so 2024 isprobablyoff the table.\nHere\'s the kicker. It wouldn\'t even result in a profit for investors. In order to burn that many tokens, practically every person holding Shiba Inu tokens would have to participate. By the end, they would be holding 99.99998% fewer tokens, and even though the tokens that remain are worth $1 each, the total value of their position won\'t have changed.\nOvercoming Shiba Inu\'s supply problem is a gargantuan task, and it won\'t mean much in the end. The only way to drive the token\'s actual value higher is to give investors and consumers a genuine reason to own it, and that doesn\'t appear to be happening.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 12, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCan Shiba Inu Reach $1 in 2024? Consider This $589 Trillion Problemwas originally published by The Motley Fool', '• The long-put "butterfly" strategy guards against a potential bitcoin price drop to $47,000 by the end of March.\n• The strategy, involving multiple trades, cost over $20 million.\nA large bitcoin {{BTC}} options bet crossed the tape on Tuesday, aiming to profit from a potential short-term price drop in bitcoin with the floor at $47,000.\nThe trader bought 100 lots of March 29 expiry on crypto block trading service providerGreeks.Live, and put options at strikes $50,000 and $43,000, partly financed by selling 200 lots of similar expiry puts at $47,000.\nA put option gives the purchaser the right but not the obligation to sell the underlying asset at a predetermined price at a later date. A put buyer is implicitly bearish on the market, while a call buyer is bullish.\nThe so-called block trade and comes at a notional cost of over $20 million,Greeks.Livetold CoinDesk. A block trade is a large transaction executed off the regular public market and is considered synonymous with institutional activity.\nThe strategy will earn maximum profit if bitcoin falls to $47,000 on the expiry day. The forecast, therefore, is for prices to drop in the next few weeks but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a "butterfly” bet.\nThe simulatedpayoff diagram showspeak profit at $47,000, with breakeven levels at $44,201 and $49,770.\n“Whales have continued to add to their short positions, betting that bitcoin will fall slightly before March 29,” Adam, an analyst atGreeks.Live, told CoinDesk.\n“Recent block trades have been concentrated in two directions - short price or long volatility. Term selection has mostly been concentrated before BTC halving. Looking at the characteristics of the trades, it is likely that traders are holding spot and purchasing hedging positions,” Adam added.', '• The long-put "butterfly" strategy guards against a potential bitcoin price drop to $47,000 by the end of March.\n• The strategy, involving multiple trades, cost over $20 million.\nA large bitcoin {{BTC}} options bet crossed the tape on Tuesday, aiming to profit from a potential short-term price drop in bitcoin with the floor at $47,000.\nThe trader bought 100 lots of March 29 expiry on crypto block trading service providerGreeks.Live, and put options at strikes $50,000 and $43,000, partly financed by selling 200 lots of similar expiry puts at $47,000.\nA put option gives the purchaser the right but not the obligation to sell the underlying asset at a predetermined price at a later date. A put buyer is implicitly bearish on the market, while a call buyer is bullish.\nThe so-called block trade and comes at a notional cost of over $20 million,Greeks.Livetold CoinDesk. A block trade is a large transaction executed off the regular public market and is considered synonymous with institutional activity.\nThe strategy will earn maximum profit if bitcoin falls to $47,000 on the expiry day. The forecast, therefore, is for prices to drop in the next few weeks but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a "butterfly” bet.\nThe simulatedpayoff diagram showspeak profit at $47,000, with breakeven levels at $44,201 and $49,770.\n“Whales have continued to add to their short positions, betting that bitcoin will fall slightly before March 29,” Adam, an analyst atGreeks.Live, told CoinDesk.\n“Recent block trades have been concentrated in two directions - short price or long volatility. Term selection has mostly been concentrated before BTC halving. Looking at the characteristics of the trades, it is likely that traders are holding spot and purchasing hedging positions,” Adam added.', "• 25% of Australians view bitcoin more favorably after the spot bitcoin ETF approval in January.\n• The annual report is based on a panel of only 2,100 adult respondents in a country of more than 26 million.\nThe approval of U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) appears to have had a major positive impact on Australians' crypto holders, according to astudy published Wednesday. However, the optimistic viewpoint continues to be countered by the nation’s economic uncertainty.\nThe 5th edition of the Independent Reserve Cryptocurrency Index has revealed that 25% of Australians view bitcoin more favorably after the spot bitcoin ETF approval in January.\nThe annual report is based on a panel of over 2,100 adult respondents from all walks of life, notably a tiny sample size in a country of more than 26 million. Yet, the report provides a significant sense of how the nation views cryptocurrencies. For example, the report reveals that general awareness of cryptocurrency among Australians has reached a new high of 95%, up from 92% in 2022.\nThis year, the study was conducted ahead of time to assess the impact of the spot-bitcoin ETF approvals on Australians. The study found that 19% of cryptocurrency holders down under would invest in a bitcoin spot ETF were it available on the Australian Securities Exchange (ASX).\nWhile the ASX hasn’t given a timeline for approving an ETF linked to any cryptocurrency, it is widely expected that a spot bitcoin ETF could be available by mid-2024.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum\nThe impact ofAustralia’songoing cost of living crisisandgeneral economic uncertainty, the study revealed, has made respondents cagey about investing in crypto. 16.7% (14.2% in 2022) of respondents said they wanted to invest in crypto but were not in a financial position to do so because of the economic crisis.\n“18% of crypto investors said they’re Last 60 Days of Bitcoin's Closing Prices: [43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-20 Financial & Commodity Data: - Gold Closing Price: $2027.50 - Crude Oil Closing Price: $78.18 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,027,073,568,825 - Hash Rate: 572824723.2499672 - Transaction Count: 397096.0 - Unique Addresses: 638563.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: While the debut of spot bitcoin exchange-traded funds this month appears to have been wildly successful for the funds and their issuers, the same can’t be said for their older cousins, the futures funds that have been trading for the past several years. The largest among them, the $1.85 billionProShares Bitcoin Strategy ETF (BITO)has struggled since the spot funds hit the market Jan. 11, the day after their approval was granted by the Securities and Exchange Commission. Investors have pulled $203 million from the fund since that day, according to etf.com data. At the same time, the fund’s trading volume has simmered down, dropping back to its average 19 million or so a day, after surging to 88.6 million on Jan. 11, according to Bloomberg data. The approval of the spot bitcoin ETF has been seen as a threat to take market share from the approximately $2 billion in bitcoin futures funds. Since BITO’s 2021 approval, only futures-based bitcoin ETFs were available to investors, and the spot funds now give investors exposure to real-time bitcoin prices and enable them to bypass crypto exchanges like Coinbase. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” At the same time, spot bitcoin ETFs have pulled in billions from investors: more than $3 billion as of Thursday, Jan. 18. Last week, VanEck closed its flagship bitcoin futures fund after the firm launched a spot bitcoin ETF product. “We believe investor appetite would switch from products offering bitcoin futures exposure to direct bitcoin exposure,” said Kyle DaCruz, director of digital assets product at VanEck in a statement to etf.com. ProShares didn’t immediately return a call seeking comment. While there still could be some uses for the futures fund, many experts expect the investment vehicles to eventually peter out, similarly to how gold futures ETFs eventually became extinct after a spot gold ETF launched. “What people want is spot, which removes the issues of contango and backwardation. I'm saying this as someone who holds crypto future assets, but there are lots of benefits of a spot bitcoin ETF,” said Matt Hougan, chief investment officer of Bitwise. The ProShares fund has also seen outflows as the price of bitcoin has retreated from recent highs at the start of the new year. The cryptocurrency’s current price is $40,601, down about 13% since January 9 when it saw its high of the year at nearly $47,000. Contact Lucy Brewster at [email protected]. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/RIP_Paul_Walkerr', 'Buying CKB in New York', 30, '2024-02-20 00:02', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', 'Has anyone done this recently? A couple years ago I bought a bunch, but I remember it was a somewhat a hassle. How are new yorkers currently buying? Can you still transfer BTC/ETC from Coinbase to Kucoin and exchange?\n\n\n\n', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', '1av1nbc', [['u/tonik24', 10, '2024-02-20 03:27', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/kr8h229/', 'Rumor has it that CKB will list on Kraken this Thursday…', '1av1nbc']]], ['u/Far_Breakfast_5808', '[SERIOUS] Have BTC proponents or supporters, especially the ones who believe that BTC will be the currency of the world or their country if society collapses, seriously considered how that will work if society collapses?', 36, '2024-02-20 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', "BTC and crypto in general require internet and electricity. If society were to collapse, both would be in very short supply. They'll exist, but probably not in the amount needed to process transactions, and this is assuming the scenario where more people use BTC then than are using them now. Batteries don't last forever and that juice still requires supply.\n\nIn addition, if society collapses, I have my doubts that people will even have things like wallets, crypto, or computers on their mind. In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. Just imagine how impractical it is to do a BTC transaction during a period of collapse, rather than something far more practical like cash. And even if governments weren't around to give their hated fiat value, humans work in such a way that they'd agree to give values to cash anyway. That's how fiat first evolved in the first place. And if it's not cash, anything from IOU slips to even barter would work.\n\nHave these people who claim that BTC will be the currency of the dystopian future even thought for a sec the practicality of their scenario?", 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', '1av3jdv', [['u/Chad_Broski_2', 39, '2024-02-20 01:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7xr6h/', 'It\'s a very "fuck you, got mine" ideology that leads to shit like this. Butters think they\'ll survive the initial social upheaval and join up with a society that will rise out of the ashes, and that this society will HAVE to use their magic beans because...reasons. They also think it\'s a lot easier to protect their keys rather than trying to hold onto other assets, which may be partially correct, but in this wild fictional scenario I still feel like gold would be a far better choice', '1av3jdv'], ['u/jfrglrck', 51, '2024-02-20 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7yoff/', 'None of it makes any sense whatsoever. \n\nIn the meantime I’d rather collect tulip bulbs. At least when society collapses I’d get flowers every spring.', '1av3jdv'], ['u/sciolycaptain', 17, '2024-02-20 01:31', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7z2g1/', 'In that post collapse society, what will be valued will be useful knowledge, skills, and tangible assists like food and tools. Not cryptowallets.', '1av3jdv'], ['u/Val_Fortecazzo', 16, '2024-02-20 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7zfwk/', 'Nope, too busy fantasizing about what they would do as the gods of the new world order.', '1av3jdv'], ['u/VintageLunchMeat', 13, '2024-02-20 01:54', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr82ntw/', "> In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. \n\nCrypto enthusiasts, like traditional conservatives, reject the idea that the government should provide government services to the wrong people, excluding those involving firearms. That the state is illegitimate if it should tax them so that a poor black kid has school lunches.\n\nBut do not have a historical example of such a society to point at. Or a sketched out modern model.\n\nSetting aside feudalism. \n\n---\n\nIt goes back to the post Civil War southern white backlash, which was broadly successful, maybe.\n\nhttps://www.thenation.com/article/archive/exclusive-lee-atwaters-infamous-1981-interview-southern-strategy/\n\n---\n\nCryptocurrency, is partly a religious movement with end-times mythos.\n\n---\n\nWilhoit: Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.\n\nIn light of this, cryptoids think they'll be among the saved and not those who get it in the neck when the apocalypse hits.", '1av3jdv'], ['u/toshex', 12, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84rxt/', 'No zombie apocalypse movie has BTC in it. Simple as that.', '1av3jdv'], ['u/ugh_this_sucks__', 38, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84wcv/', 'They have not. In their minds the USD collapses but for some reason everyone jumps on BTC because reasons. But whenever you ask why a government wouldn’t just make its own crypto, they just squeal at you.\n\nAlso, in their minds collapse just means “currency collapses.” They imagine that infrastructure and restaurants and Lambo dealerships will all still be perfectly operational but they’ll be suddenly hyper wealthy.', '1av3jdv'], ['u/Far_Breakfast_5808', 13, '2024-02-20 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr885w1/', "I would but I know I'll get banned if I do.", '1av3jdv'], ['u/DoxxThis1', 30, '2024-02-20 03:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8h2ku/', '> Govt. creating their own crypto is nothing but fiat currency on some blockchain.\n\nAn anonymous rando (“Satoshi”) creating their own crypto is nothing but fantasy currency on some blockchain. What’s the point of this crypto?', '1av3jdv'], ['u/Far_Breakfast_5808', 10, '2024-02-20 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8je80/', '>energy is sparse; communication lines are sporadic\n\nExactly. BTC as we know it today would pretty much not work in an apocalyptic world.', '1av3jdv'], ['u/SeboSlav100', 20, '2024-02-20 04:12', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8nt4x/', "What markets? We sure don't know a single one.", '1av3jdv'], ['u/SeboSlav100', 12, '2024-02-20 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8o9yd/', 'Ah so the fantasy one, got it. \n\n>There are more than 10 ETF product in USA focused on BTC and you say what markets?\n\nCalling them.product implies they serve purpose and have usage that is not crime.', '1av3jdv'], ['u/ugh_this_sucks__', 12, '2024-02-20 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ooay/', 'Ummm I think you’re a little confused about some of the words you’re using :)', '1av3jdv'], ['u/SeboSlav100', 11, '2024-02-20 04:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ow1i/', "I'm still waiting for the 1 trillion dollars market cap or any useful thing it's used for.\n\nBut I'll make a safe bet and say my grandchildren will be dead before that happens.", '1av3jdv'], ['u/foxbones', 10, '2024-02-20 04:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8q0o4/', 'Yeah it\'s really sad. I have some Bitcoin, and have had some forever buying and selling occasionally, using occasionally, and genuinely interested in it.\n\nToo many people think that putting $500 from a Stimulus check is going to equal a Lamborghini, a mansion, and being surrounded by hot women in the near future. So many suffer from Powerball fantasies, but they think it is actually going to happen.\n\nDon\'t even get me started about the folks putting their entire Wendy\'s paycheck for 2 months in something called SantaCoin in December. Or posting "white papers" on something called "SafeMoon".\n\nScammers are probably having their roaring 20s between Crypto and MAGA folks.', '1av3jdv'], ['u/ugh_this_sucks__', 17, '2024-02-20 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8vruv/', "But that's not a reason for a government to choose something.\n\nAlso, what exactly do you imagine would lead to that? Like, what are series of events you think might take place?", '1av3jdv'], ['u/Tallergeese', 14, '2024-02-20 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8wpr4/', 'Tulip bulbs are actually edible too.', '1av3jdv'], ['u/FlixFlix', 10, '2024-02-20 05:38', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8zgun/', '> _Have BTC supporters […] seriously considered […]\n\nIn the wise words of dogecoin creator Billy Markus when asked if he considered the environmental impact: “I didn’t consider anything”', '1av3jdv'], ['u/JasperJ', 12, '2024-02-20 09:51', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr9o0ej/', 'In what way are other coins less decentralized than BTC with its like 4 major mining consortia left?', '1av3jdv']]], ['u/AsteriAcres', 'Angry Texans fight Bitcoin mine’s 80,000 noisy machines in test for industry', 203, '2024-02-20 01:24', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/', '"Now, Shadden and her fellow residents are becoming increasingly alarmed that the din is causing a slew of health issues.\n\n“I have headaches now, and the vertigo is worse,” neighbour Geraldine Lathers told DL News. “You can’t get relief. If I move wrong, I’m dizzy.”"\n\nhttps://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/', 'https://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/', '1av3nqv', [['u/flycatcha', 96, '2024-02-20 01:49', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr81x7q/', "This type of low frequency noise pollution is the worst because you can't fully block it out, it is felt as well as heard. I feel so bad for them.", '1av3nqv'], ['u/greenandycanehoused', 27, '2024-02-20 02:48', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8b28h/', 'Is there an environmental non profit in the area?? Call earthjustice lawyers, they are exceptional and free under the right circumstances', '1av3nqv'], ['u/EducationalDig1599', 20, '2024-02-20 02:55', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8c51a/', 'I think every proponent of Bitcoin should be taken to this town, bound and gagged to a pole, and forced to endure this noise pollution day and night until they finally relent.', '1av3nqv'], ['u/muff-muncher-420', 17, '2024-02-20 03:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8fbey/', 'Wouldn’t want to advocate illegal activity, as reddit tends to disapprove, but why has no one just fire bombed these sites yet?', '1av3nqv'], ['u/cjorgensen', 69, '2024-02-20 03:39', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8iwnx/', 'I was like, how loud can it be? then I watched the embedded video and read. It’s 90db.\n\n> Noise above 70 dB over a prolonged period of time may start to damage your hearing. Loud noise above 120 dB can cause immediate harm to your ears. (source: CDC)\n\nMy Apple Watch warns me when the sound gets above 70db for any prolonged period of time. It would be constantly going off here.', '1av3nqv'], ['u/stuffitystuff', 10, '2024-02-20 04:50', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8t7iv/', 'It’s Texas. Second largest state, 45th least amount of publicly-owned land @ 4.2%.', '1av3nqv'], ['u/NevyTheChemist', 27, '2024-02-20 05:30', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8yjcj/', '90.db is insane.', '1av3nqv'], ['u/DarkPich', 11, '2024-02-20 05:39', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr8zmye/', "There seems to be something wrong in this article. How is it possible that graphic cards are making so much noise? A 'noisy' fan can produce an average of 40 decibels, but when you combine 80,000 fans, the noise does not simply add up. Instead, the noise level should be around 80 decibels when close to them, which is comparable to a noisy street. However, at a distance of 500 meters, the noise level is much much lower. Perhaps the issue is related to other systems such as ventilation or something else.", '1av3nqv'], ['u/bassman9999', 41, '2024-02-20 05:46', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr90jhq/', 'Environmentalists? In Texas?', '1av3nqv'], ['u/GrenadineGunner', 42, '2024-02-20 05:59', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr923qm/', "Yeah you can't just stick thousands of computers in a warehouse and expect the whole thing to not overheat. So they just get hundreds of industrial fans and blast them into the facility 24/7 to keep it cool. If it was a proper data center, there are ways to keep it cool and manage the noise but Bitcoin assholes aren't going to pay for those because they are cheapskates.", '1av3nqv'], ['u/YouMayCallMePoopsie', 28, '2024-02-20 06:06', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr92vuk/', 'That is genuinely fucking bonkers. I would lose my absolute shit trying to live there for a single day.', '1av3nqv'], ['u/vanderlay_pty_ltd', 12, '2024-02-20 06:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr93w0b/', 'Im surprised theyre doing it in texas tbh - given how hot texas is during the summer. They must really be sauteing the shit out of their GPUs.', '1av3nqv'], ['u/lindberghbaby41', 17, '2024-02-20 06:58', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr98gwn/', 'I thought texans loved their yeehaw outlaw gubment-can’t-tell-me-what-to-do lifestyle, they can’t “deal” with the problem on their own?', '1av3nqv'], ['u/uncle_crawkr', 21, '2024-02-20 07:01', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr98sff/', 'Energy prices and/or subsidies. Margins on mining are razor thin and capital investments are constantly required to keep up with competition. Low energy prices and/or subsidies are the only way to make a profit, and other than getting first dibs on new ASICs, the only real competitive advantage you can try to gain… helps you stay in the game longer when price drops or halvenings happen and outlast your competition.', '1av3nqv'], ['u/meriadoc_brandyabuck', 21, '2024-02-20 07:41', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9cnbo/', 'All these rural/red state voters have been voting for “they’re one of us” Republican politicians who were really corrupt and anti-people the whole time? And now they’re stuck with insufferable but entirely predictable consequences? Who knew?', '1av3nqv'], ['u/-__fuck__reddit__-', 17, '2024-02-20 08:03', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9eov5/', "there are plenty of normal people in tx, it's almost a purple state at this point.", '1av3nqv'], ['u/SisterOfBattIe', 18, '2024-02-20 08:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9fqj9/', "Texas only has to hold up until may this year.\n\nThe halving will inflict a mercy kill an most if not all publicly traded miners, they'll be liquidated either in chapter 7 or chapter 11.\n\nOnly thing, I'd hope the bitcoin sudoku solvers are recycled for scraps like the e-waste they are, and I'd hope a moratorium on Proof of Work is enacted to prevent this from happening again, again, AGAIN.", '1av3nqv'], ['u/Moist_Network_8222', 19, '2024-02-20 09:37', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9mtz6/', 'This might surprise you, but large groups of people are not all uniform caricatures.', '1av3nqv'], ['u/jammsession', 17, '2024-02-20 09:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9n9x6/', "Pretty strange article. With the halving they have to double the power and it will become even noisier?\n\n\nAnyway the money quote for me is this: \n\n\n‘If we’re within legal limits, how much of a problem is this really?’\n\n\n\n— Charlie Schumacher, Marathon\n\n\nI 100% agree. The problem is not Marathon, the problem is the lax regulation. The root cause is not Marathon but local regulations allowing something that noisy near residents. No matter if this is Bitcoin, a wind farm or whatever.\nDon't hate the player, hate the game. I don't like bitcoin either but to me this is more of a regulation problem than a bitcoin problem.", '1av3nqv'], ['u/looneybooms', 15, '2024-02-20 10:04', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9p3dz/', '>Environmentalists\n\nThe "Environ" is silent. The "ist" is also silent. \n\nEnjoy that silence. In TX, even muzzles are louder.', '1av3nqv'], ['u/ElendVenture___', 19, '2024-02-20 10:21', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9qfki/', "honestly at that point i'd consider a bit of arson", '1av3nqv'], ['u/Moneia', 22, '2024-02-20 10:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kr9qltq/', 'It\'s rarely graphics cards these days they\'re using ASICs and because they\'re not meant for \'home use\' they have fans that cool very well with no regard to noise level. \n\nIf you\'ve ever stood in a server room when the ~~Doom music hits~~ fans start ramping up you\'ll have a better idea of what the noise levels may be like\n\n\n\n>A \'noisy\' fan can produce an average of 40 decibels\n\nThe 11,000 RPM \'[Blowie-matron](https://www.youtube.com/watch?v=nAFB9w2Rh0Y&t=133s)\' runs at 76db\n\nServer hardware is meant to noise managed by the environment and increases costs, so why bother. And if they\'re not bothered by the noise from component level cooling why do you think they\'d choose anything other than the cheapest "gets the job done"for the rest of the building?', '1av3nqv'], ['u/Puzzleheaded_Fold466', 12, '2024-02-20 13:41', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/kra8ygn/', 'Are you sure ? I’m told the price of Bitcoin will instantly double.', '1av3nqv'], ['u/WatchStoredInAss', 22, '2024-02-20 15:55', 'https://www.reddit.com/r/Buttcoin/comments/1av3nqv/angry_texans_fight_bitcoin_mines_80000_noisy/krarp5f/', 'Every time I read about Buttcoin mining, it never ceases to amaze me how utterly insane it is to spend so much energy guessing numbers.', '1av3nqv']]], ['u/brorow1', 'How much do you invest in Bitcoin per month?', 62, '2024-02-20 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/', 'Admittedly, I haven’t invested a great deal over the years. I’ve just allowed it to sit there in my wallet and forget about it. However, over the last 12 months I’ve really changed my life around when it comes to finances. So I am investing around $60-70 per month going forward.\n\nCurrently, my BC wallet is worth around $2,980. I have other coins too, but they’re worth under $300 currently.\n\nAlso, what other coins are you investing in?', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/', '1av3tit', [['u/m594', 24, '2024-02-20 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr80f1e/', 'Everything.. but still not enough 😭', '1av3tit'], ['u/Shr00mBaloon', 21, '2024-02-20 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr80stm/', "400. Which is my entire spending budget so I'm basically broke constantly", '1av3tit'], ['u/Underwelmed_', 12, '2024-02-20 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr814ih/', "I am 95% or more in Bitcoin. Zero stocks(outside of this dumb 401k). Zero saving account. Just two months' living expenses. \n\nDump your shitcoins and put it all in Bitcoin. Sell you extra stuff. Work an extra job. Stack more sats.", '1av3tit'], ['u/Holster72', 58, '2024-02-20 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr839dw/', 'I have cash for rent, food, and beer next month. So Friday will be 100% of my paycheck.', '1av3tit'], ['u/speedingmedicine', 22, '2024-02-20 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr83dlr/', "Don't mess with ALT coins. That's how many people go bottom up. Everyone is chasing the next 20x coin but few ever get to ride that wave. Far more end up bag holding swapping memes about apes being strong together. DCA what you can afford into BTC.", '1av3tit'], ['u/Still-River2259', 16, '2024-02-20 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr85hp0/', '30 dollars every Friday.', '1av3tit'], ['u/Tasty_Action5073', 11, '2024-02-20 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr86wfe/', 'That’s the way.', '1av3tit'], ['u/Spy008', 11, '2024-02-20 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr872t5/', '$10 every time a new block is mined. I wish i could do more but I’m from a poor 3rd world country', '1av3tit'], ['u/LiveDirtyEatClean', 21, '2024-02-20 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr87k9t/', '$4,000/mo', '1av3tit'], ['u/ozfabulouz', 14, '2024-02-20 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr87upe/', '10k per month until halving i will stop.', '1av3tit'], ['u/FortyandLife2Go', 11, '2024-02-20 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8anu6/', 'Nice try IRS.', '1av3tit'], ['u/Ok_Art_2874', 32, '2024-02-20 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8arky/', 'I invest only in BTC. Over the past 3 years, I have invested about $125k to accumulate 2.65 BTC. Currently, I stopped buying BTC because it reached my target allocation of 5% of total portfolio', '1av3tit'], ['u/JoeYo743', 12, '2024-02-20 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8avvx/', 'My stupid ass would have been rich if it didnt all go towards weed.', '1av3tit'], ['u/mrluxrius', 30, '2024-02-20 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8bw1s/', 'about 1k a month, but its CAD soooooo 12$', '1av3tit'], ['u/Kazgarth_', 10, '2024-02-20 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr8c2k6/', 'You are practicing deferred gratification. Only those with iron will and laser sharp vision are bold enough to take such move. Your patience will greatly be rewarded with time.', '1av3tit'], ['u/Comfortable_Shine425', 23, '2024-02-20 06:01', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr92bt6/', 'You can drop the food and invest even more.', '1av3tit'], ['u/mehoart2', 11, '2024-02-20 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1av3tit/how_much_do_you_invest_in_bitcoin_per_month/kr96osd/', "I'm getting close to retirement... I've been good with my money for the past 20 years, so it's easy to save once you have no debt (no mortgage no payments for cars .. no kids ... etc)", '1av3tit']]], ['u/TopRT2', "Is hbar pumping solely because of btc, or did something happen exclusively within hbar's ecosystem?", 23, '2024-02-20 02:27', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/', "just wanna know if something happened within hbar's ecosystem that drove the price up. or just following btc?", 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/', '1av51z2', [['u/GrailThe', 27, '2024-02-20 02:39', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr89pdp/', "Nothing of note happened today. Last week was Mondelez to the GC and prior to that the $250 Saudi Hedera fund - neither of which would account for this big move. My theory is that enterprise insiders were buying today and we're going to hear about something big in the coming week.", '1av51z2'], ['u/CLcode83', 13, '2024-02-20 02:45', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8any9/', 'The stealth money is always one click away waiting for the quiet moment after all the noise is over(news, fud, marketing, gyonk moans etc)', '1av51z2'], ['u/No-Pollution-1766', 13, '2024-02-20 03:32', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8hw6o/', 'The amount of time you spend being negative on this page is bizarre. I hope you find happiness one day', '1av51z2'], ['u/MyNameIsRobPaulson', 11, '2024-02-20 04:07', 'https://www.reddit.com/r/Hedera/comments/1av51z2/is_hbar_pumping_solely_because_of_btc_or_did/kr8n5go/', "Hopes is it's smart money filtering in. There was a singular huge purchase last week too that stood out. If you keep making partnership after partnership with big money, eventually some whales and/or institutions along the way are going to take note. Let's hope it's that..", '1av51z2']]], ['u/PrincipleFirst', 'Why do I have a feeling BTC will never go back to 40s or 30s …', 85, '2024-02-20 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/', 'Here me out … Most of the hedge funds are desperate enough to pile fiat for the access to BTC … Whenever there is a dip, millions of dollars r flowing in scooping up every single one of em…\nAre the retailers sitting ducks ?… I’m having all sort of paranoia these days … \nFor all of em to dump , some sort of black swan event should happen …. Which has really low probability… When the funds like Blackrock started of thinking mining for BTC, the signal is clear … They are heavily invested & interested.\n\nNext few months will be critical ,and there will be lot of accumulation & FUDs, End of it all, as Saylor said , Bunch of billionaires are gonna hedge their wealth in BTC whether the govts around the world like it or not ….They are all frustrated with inflation & taxation rating away from the plates of their future generation. Their hard earned wealth to be set on fire due to bad decisions by incompetent political & financial system… If you think abt it , elites r on the right side of the history investing in BTC.\n\n And when you scribble in retailers over it signal is clear … It’s just the question of whether we are ready to accept the omega candle or not… It’s irresponsible for your future generations that you are not investing in BTC or it’s ETF products…', 'https://i.redd.it/6rs7iwou9njc1.gif', '1av5ah5', [['u/speedingmedicine', 34, '2024-02-20 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8e79k/', 'The circumstances were different but if you go back through the archives you can. See people echoing the same sentiment in March of 2020. This was followed by bloody Thursday where BTC wiped away 40% of its value. Not saying that this will happen just saying the market remains irrational way longer than people remain solvent.', '1av5ah5'], ['u/whetherwhether', 18, '2024-02-20 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8nnip/', "There could be a major worldwide recession. Bitcoin would likely drop more than other assets. It doesn't change the long term story but saying that something will or won't happen again is foolish.", '1av5ah5'], ['u/Kayshift', 29, '2024-02-20 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr8nv5j/', 'This conversation happens every bull run.\n\nTruth is no one knows.', '1av5ah5'], ['u/bubumamajuju', 11, '2024-02-20 09:22', 'https://www.reddit.com/r/Bitcoin/comments/1av5ah5/why_do_i_have_a_feeling_btc_will_never_go_back_to/kr9ll19/', "Yaaaa if BTC were to lose 40% rn... I'm selling the farm, selling the dog, selling the cars, selling all the shit in my storage unit, taking out personal loans, taking out CC loans, mortgaging my house, starting an OF, getting a second job on top of the OF, and eating ramen until after the halving. Another few whole coins in the low 30s would be just lovely", '1av5ah5']]], ['u/Due-Doughnut-7913', 'Finally I hit .5 BTC', 427, '2024-02-20 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/', "Compared to some I'm sure this isn't much but this took a couple of years. Please celebrate this day with me as this is kind of a big deal for me! \nCheers", 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/', '1av5w2s', [['u/speedingmedicine', 15, '2024-02-20 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8f8gl/', "Congrats!!!! Now don't let it go.", '1av5w2s'], ['u/meagherj', 66, '2024-02-20 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8fcqo/', 'I’m at .42 and it’s killing me. But I know I’ll get to .5 and want a full coin anyway. \n\nStupid monkey brain I have.', '1av5w2s'], ['u/BrutallyPretentious', 19, '2024-02-20 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8gy0p/', "Nice! I'm at 0.38 and don't have 6k laying around for the other 0.12 at the moment. I'm hoping for a dip in 6-12 months when my finances are back in order, but I have a hunch that isn't going to happen given the timing of the ETFs and halving.", '1av5w2s'], ['u/Scarf_Darmanitan', 52, '2024-02-20 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8jz59/', 'I’m almost at .1 :,)\n\nWe may be small fish to some but we’re doing the best we can haha, cheers to ya!', '1av5w2s'], ['u/KorvaMan85', 11, '2024-02-20 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8k5ko/', "You're right. That is a big deal. Nice fuckin work.", '1av5w2s'], ['u/Used_Proposal4277', 27, '2024-02-20 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8kypr/', 'I’m only at .025😂I’m hoping to get it to .03 next week or 2🥲😂', '1av5w2s'], ['u/BruceAENZ', 11, '2024-02-20 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8n98g/', 'After the next halving I wouldn’t be surprised if .1 was seen the same way we see 1 now - i.e. a difficult but frustratingly visible figure.', '1av5w2s'], ['u/UnlikelySituation336', 15, '2024-02-20 04:09', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8nhvh/', '8.54 we go little by little', '1av5w2s'], ['u/Due-Doughnut-7913', 16, '2024-02-20 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8ox45/', 'I was stuck at .42 the longest time.', '1av5w2s'], ['u/Timely-Algae69', 20, '2024-02-20 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8tddm/', 'Not to be that guy but you shouldn’t discuss how much ya have.', '1av5w2s'], ['u/cubeeless', 24, '2024-02-20 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8vend/', 'Theoretically, only 42 million people could own half a coin simultaneously. Imagine how little of a number this is. Congrats..', '1av5w2s'], ['u/Kindly_Load_7226', 18, '2024-02-20 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr8yw3d/', '0.1 here\n\nGoal: 1 full bitcoin', '1av5w2s'], ['u/Normal-Jelly607', 13, '2024-02-20 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr90d72/', 'Look at mr money bags over here', '1av5w2s'], ['u/Due-Doughnut-7913', 11, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/kr913eh/', "I hadn't thought of that!", '1av5w2s'], ['u/Boring-Bus-3743', 11, '2024-02-20 19:10', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krbpwjr/', 'And when you got to 1 you will probably want 2. I wonder if the want for more BTC goes up exponentially as you hit bigger mile stones.', '1av5w2s'], ['u/Ryno_Redeye', 10, '2024-02-20 20:54', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krc8rfu/', '.08 = ~$4,150 right now. Crazy that about a year ago you could have .25 for that price', '1av5w2s'], ['u/Klokkendief', 10, '2024-02-20 21:42', 'https://www.reddit.com/r/Bitcoin/comments/1av5w2s/finally_i_hit_5_btc/krchqur/', 'I have that with girls', '1av5w2s']]], ['u/TheFluBR', 'They should make a cellphone app for hideout management', 49, '2024-02-20 03:09', 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/', "I work long hours away from home. I'd like to log in to an app during downtime at work so that i could manage my hideout in order to make some roubles here and there, and not feel like I'm wasting time or fuel. Specially now since i've first built the bitcoin farm, it kills me to keep the fuel running and not be crafting stuff. I mean yes, there are stuff that take a long time to craft, but they're not necessarily profitable or accessible.\n\nJust an idea that i'll probably never see implemented in the game.", 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/', '1av5yui', [['u/BlitzBadg3r', 55, '2024-02-20 03:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/1av5yui/they_should_make_a_cellphone_app_for_hideout/kr8gpdg/', 'BSG can barely fix their own game let alone create an app. Just use RDP on your phone.', '1av5yui']]], ['u/Utgornstar69', 'Sha-256 question', 11, '2024-02-20 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/', 'To my understanding the NSA created the SHA series. Bitcoin is essentially invincible because sha 256 cannot be broken. How much different is sha 256 compared to sha 1? \n\nI keep hearing that bitcoin is 100% hack proof and there will never be any threats to the network. \n\nIs bitcoin the endgame? Even with AI, Quantum Computing, and advanced chips, bitcoin will forever be invincible? ', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/', '1av78as', [['u/Corbimos', 19, '2024-02-20 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/kr8s1ww/', "Nothing is 100% hack proof. No one who understands any of this will tell you it's completely secure until the end of time. This is why there is regular maintenance and review of the protocol. \n\nThere are CVEs all the time that are corrected and updated. The thing about Bitcoin is that it is the most secure and decentralized system out there today. It's an open-source project that the top minds in cryptography work on. It is built to withstand attacks and keep it secure. Proof of work is a big reason why this is possible. \n\nIf there were a vulnerability in Sha256. A fix would be discovered, and there would be overwhelming consensus to update the protocol to keep the integrity of the UTXO set. This is why bitcoin is 100% secure, not because it is unhackable, but because it is antifragile.", '1av78as'], ['u/Top_Evening_833', 16, '2024-02-20 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1av78as/sha256_question/kr8vjek/', '“sha 256 is 256x sha 1”\n\nThis statement is incorrect. The number “256” is not related to being 256x SHA-1.\n\nSHA-1 produces a 160-bit (20-byte) hash output.\n\nSHA-256 produces a 256-bit (32-byte) hash output.', '1av78as']]], ['u/GeekyCodeJS', 'Who is balls deep in Bitcoin?', 654, '2024-02-20 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/', "I don't have a house or a car, just 90% Bitcoin, 2% stocks, 8% cash (enough to cover 12 months of my monthly expense just incase I lose my job).\n\nI used to invest in Global Market ETF to build wealth slowly for my retirement back in 2020-2021 - F that!\n\nI believe I will have a faster lane to my FU money with Bitcoin. I know it's not going to be a 100x moonshot but still way faster than a traditional assets in long-term.\n\nIf Bitcoin can hedge better against the inflation than the traditional assets in long-term, what's stopping you to go balls deep in it?", 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/', '1av7bro', [['u/Physical-State3960', 101, '2024-02-20 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8qb7d/', 'I’m extreme balls deep.. no slow growth for this guy.. all in as much as I can..', '1av7bro'], ['u/Cheese6260', 164, '2024-02-20 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8qj3x/', 'I devote any dispensable income to BTC', '1av7bro'], ['u/Gullible_Elk7083', 81, '2024-02-20 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8s43e/', 'I’m around 98% BTC, 2% cash for short term immediate needs. Imo, you don’t need 12mo of expenses in cash. You can easily sell BTC into cash if necessary. Yes, BTC is “volatile”, but cash is a melting ice cube.', '1av7bro'], ['u/my-daughters-keeper-', 25, '2024-02-20 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8sdlt/', 'Me too :)', '1av7bro'], ['u/Devin_Downing', 345, '2024-02-20 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8svgt/', "I, too, and 100% irresponsibly long Bitcoin, AND I wouldn't change it! 👍", '1av7bro'], ['u/benualson', 15, '2024-02-20 04:57', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8u5xy/', 'this guy is worth almost 4 million', '1av7bro'], ['u/zerosuneuphoria', 15, '2024-02-20 04:59', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uhe6/', '80% BTC miners, next year is going to be fun, but volatile. Definitely a lot of FU money to be made, already made quite a bit', '1av7bro'], ['u/BTCMachineElf', 10, '2024-02-20 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8um7s/', '>Bitcoin: is 3.5%. I have 2.65 bitcoins\n\n137800 ÷ 0.035 = $3.93mm. Well hello Mr Fancy Pants.', '1av7bro'], ['u/clicksanything', 28, '2024-02-20 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uscg/', "> You can easily sell BTC into cash if necessary\n\nYou can but since bitcoin is currently treated as commodity you'd still have to deal with capital gains", '1av7bro'], ['u/clicksanything', 37, '2024-02-20 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8uxr0/', 'Bro just wanted an excuse to flex 2.65 bitcoin', '1av7bro'], ['u/KitchenBreadfruit816', 30, '2024-02-20 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8v869/', 'Me too bro. Problem is my wife don’t know how balls deep I’m in', '1av7bro'], ['u/fugginglovecheese', 13, '2024-02-20 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8w16j/', 'Problem or blessing in disguise?', '1av7bro'], ['u/BWFree', 58, '2024-02-20 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8wtby/', 'I don’t understand this fear of profit leading to fear of taxation. What’s the alternative? Lose spending power on already taxed fiat?', '1av7bro'], ['u/Seanzipmayn', 21, '2024-02-20 05:18', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8x0hp/', 'I’m tits deep bro balls deep is only like 50% exposure', '1av7bro'], ['u/LucidLV', 18, '2024-02-20 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8x6jd/', 'She knows her boyfriend is in balls deep.', '1av7bro'], ['u/Seeders', 56, '2024-02-20 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xb9i/', 'I have 10', '1av7bro'], ['u/zenethics', 23, '2024-02-20 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xc64/', "Too many people think they are going to get rich from BTC pretty soon. Usually doesn't work that way, major speedbumps etc, but we'll see.", '1av7bro'], ['u/dsk83', 13, '2024-02-20 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8xx47/', 'Oh no gotta pay taxes on gains, guess we should just never invest', '1av7bro'], ['u/Muted_Cucumber_7566', 28, '2024-02-20 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8y2dj/', 'I think my balls are well inside it at this point. I’m a true degenerate.', '1av7bro'], ['u/Time-Conference1783', 81, '2024-02-20 05:40', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8zt8v/', 'I believe in btc but at the same time believe in diversity and not being over exposed in one thing (don’t put all your eggs in one basket). \n\nInvest wisely', '1av7bro'], ['u/Saintly_Bridget', 20, '2024-02-20 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr8zyf1/', "Half my portfolio is bitcoin, up from 40% I cant in good conscience reccomend anyone put a whopping 90% in there tho. Heres the idea: If bitcoin skyrockets, we will both be rich, but if bitcoin catastrophically fails, I will lose a lot but Ill still be okay, you on the other hand will lose everything. Its not like you're risking everything for the chance of getting rich, you're risking everything to be \\richer\\ than me. Its not gamble you should make.\n\nHalf BTC, half VOO. Max out your IRA every year for rainy day.", '1av7bro'], ['u/SomeIdeasTooTalk', 184, '2024-02-20 05:43', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr905pi/', '"Irresponsibly long". Great way of putting it. \n\nSee you in the bahamas or in the breadlines, brother. ✊🫡', '1av7bro'], ['u/cfk69', 29, '2024-02-20 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr90p6f/', "Right? If you're paying taxes on your bitcoin, that means it went to in value. Pay the taxes, enjoy the profit 🙂", '1av7bro'], ['u/StepheninVancouver', 13, '2024-02-20 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr90q2q/', "Bitcoin may 10x or go to zero so I don't recommend putting all your money in it. If you are young you may have a higher risk tolerance but it's also good to diversify your investments. \n\nI have been in this game over 10 years and have seen many cycles. This halving will likely see $100k + but then there will be another big drawback again. \n\nI have made some risky investments but I always planned it so that if the asset went to zero it wouldn't bankrupt me. \n\nI am pro bitcoin but it's very volatile and should be invested in responsibly.", '1av7bro'], ['u/Confident_Comfort979', 23, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr913ks/', 'Picture of squealing hog with his nuts wrapped around a tree. But instead of a tree it’s a deep fleshy mud pit that sucks really good and hard. And instead of wrapping around it’s more like tripping and falling nuts first into the flesh pit (1” diameter). That’s me.', '1av7bro'], ['u/panfrosco2', 17, '2024-02-20 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr914uy/', "Balls deep? Maybe a year ago. I'm now perineum, en route to starfish deep. I won't quit until I get a tickle on my uvula, even then...crown chakra?...", '1av7bro'], ['u/f00dl3', 18, '2024-02-20 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr91kg1/', "I'm leaving this sub. Too many people FOMOing not enough realistic expectations in this economy.", '1av7bro'], ['u/Goldenbeardyman', 16, '2024-02-20 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr932wj/', 'You guys are crazy holding 98% of your assets in Bitcoin and the rest in cash.\n\nYou should diversify, even if you only invest in gold alongside it. Did you know shares are a thing too?\n\nIf bitcoin drops 50% tomorrow, most of you guys are gonna panic sell as your net worth drops by half.\n\nIf bitcoin made up 25-50% of your assets, a 50% drop would be equivalent to 12-25% drop in your net worth, which is much easier to stomach.', '1av7bro'], ['u/smilingbuddhauk', 13, '2024-02-20 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr942n9/', 'r/oddlyspecific', '1av7bro'], ['u/smilingbuddhauk', 11, '2024-02-20 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr94ahe/', 'Many people skim over the "gains" part. They think it\'s just a sell tax.', '1av7bro'], ['u/swissmoneydude', 10, '2024-02-20 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr968cz/', 'Fuck you!', '1av7bro'], ['u/BigDeezerrr', 13, '2024-02-20 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr96gfk/', "Been very into Bitcoin since 2016 and I've never been more bullish. I'm with you, I think there must be something I'm missing because it seems so obvious. I haven't been able to find it yet. I have noticed that 95% of people I know aren't paying any attention to Bitcoin, even after the ETFs. I feel like I'm taking crazy pills when people I talk to are so disinterested in it.", '1av7bro'], ['u/Mediocre_Horror_194', 15, '2024-02-20 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr96p1y/', 'Breadline at a 5 star hotel atleast', '1av7bro'], ['u/Odd-Following-247', 39, '2024-02-20 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr98wgh/', 'The guy that created the term irresponsibly long bitcoin is Raul Paul. He lives in the Cayman Islands', '1av7bro'], ['u/aesop08', 10, '2024-02-20 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9csll/', "It's not necessary to diversify if you've found the goose that lays golden eggs.", '1av7bro'], ['u/BroncoFanInOR', 11, '2024-02-20 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9d974/', 'I’m diversified @ 75% BTC, 10% MSTR and 15% cash. \n\nFrom my POV, that IS investing wisely. Up 58% this year, while my old 401k didn’t see 19% in 8 years. I just can’t see my portfolio as anything but a short term win and a long term solution to wealth.', '1av7bro'], ['u/Modrew', 22, '2024-02-20 08:03', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9epgm/', '100% irresponsibly long FIAT is much worse.', '1av7bro'], ['u/AtmospherePerfect532', 28, '2024-02-20 08:35', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9hk1q/', 'Funny enough the moral of the story is greed leads to great loss', '1av7bro'], ['u/Major-Front', 10, '2024-02-20 09:13', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9kvkq/', "That's the problem with slow growth. It's designed to keep you at your current level. You work, you earn, you invest, you make a few % in interest after inflation - you keep your current standard of living.\n\nBitcoin is a super highway to potentially having a much higher standard of life", '1av7bro'], ['u/shiroboi', 51, '2024-02-20 09:30', 'https://www.reddit.com/r/Bitcoin/comments/1av7bro/who_is_balls_deep_in_bitcoin/kr9malx/', 'I love bitcoin as much as the next but the chances of bitcoin, going belly up or getting screwed up because of government intervention is not zero. Literally investing all of your money into one source, no matter how good is not a wise plan', '1av7bro'], ['u/1025scrap', 42, '2024-02-20 10... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'By Tom Wilson\nLONDON, Feb 21 (Reuters) - Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies.\nCircle did not give a reason for its decision but said that under its risk management framework it "continually assesses the suitability" of blockchains that support USDC, the second-biggest stablecoin after Tether.\nIt said institutional clients can transfer USDC held on Tron to other blockchains, or redeem the tokens with it for traditional currency, until February 2025. Retail customers can transfer USDC to other blockchains and redeem USDC at crypto exchanges and brokerages, it added.\nCircle, which in January said it had filed for a U.S. initial public offering, last year terminated accounts held with it by Tron founder Justin Sun and his affiliated companies.\nSun, a prominent crypto entrepreneur, was sued last year by the Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nCircle\'s latest announcement affects USDC on the Tron blockchain, "as opposed to an individual user or related business entities", a spokesperson said.\nWith some $28 billion in circulation, USDC is the eighth-biggest crypto token, according to data firm CoinGecko. USDC worth $335 million are hosted on Tron, Circle\'s website says.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel. (Reporting by Tom Wilson in London; Editing by Tommy Reggiori Wilkes and Emelia Sithole-Matarise)', '• Bitcoin maximalist Michael Saylor is not selling any of his company\'s bitcoin anytime soon.\n• "There\'s no reason to sell the winner and buy the losers," he said in an interview with Bloomberg TV on Tuesday.\n• Bitcoin competes with far larger asset classes like gold, real estate and the S&P, but it\'s the superior product, argued Saylor.\nMichael Saylor doesn’t plan to sell any of MicroStrategy\' (MSTR)s bitcoin {{BTC}} anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.\n"The spot ETFs have opened up a gateway for institutional capital to flow into the bitcoin ecosystem," said Saylor. "[The ETFs] are facilitating the digital transformation of capital, and every day hundreds of millions of dollars of capital is flowing from the traditional analog ecosystem into the digital economy."\nSaylor\'s MicroStrategy held 190,000 bitcoins at the end of January which it bought for an average of $31,224 per coin. With bitcoin now trading at roughly $52,000, the company’s holdings are worth about $10 billion, with $4 billion of that profit.\nMany investors might be considering an exit at this point, but not Saylor.\n“Bitcoin," he told Bloomberg, "is the exit strategy.”.\nBitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them.\n“We believe capital is going to keep flowing from those asset classes into bitcoin because bitcoin is technically superior to those asset classes and that being the case, there’s just no reason to sell the winner and to buy the losers,” he said.\nMicroStrategy first started purchasing bitcoin in August 2020 and has since consistently added to its portfolio. The software firmalongside its fourth quarter earnings reportrebranded itself a “bitcoin development company,” doubling down on its commitment to the cryptocurrency.\nMSTR shares are up 11.8% year-to-date.', '• Bitcoin maximalist Michael Saylor is not selling any of his company\'s bitcoin anytime soon.\n• "There\'s no reason to sell the winner and buy the losers," he said in an interview with Bloomberg TV on Tuesday.\n• Bitcoin competes with far larger asset classes like gold, real estate and the S&P, but it\'s the superior product, argued Saylor.\nMichael Saylor doesn’t plan to sell any of MicroStrategy\' (MSTR)s bitcoin {{BTC}} anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.\n"The spot ETFs have opened up a gateway for institutional capital to flow into the bitcoin ecosystem," said Saylor. "[The ETFs] are facilitating the digital transformation of capital, and every day hundreds of millions of dollars of capital is flowing from the traditional analog ecosystem into the digital economy."\nSaylor\'s MicroStrategy held 190,000 bitcoins at the end of January which it bought for an average of $31,224 per coin. With bitcoin now trading at roughly $52,000, the company’s holdings are worth about $10 billion, with $4 billion of that profit.\nMany investors might be considering an exit at this point, but not Saylor.\n“Bitcoin," he told Bloomberg, "is the exit strategy.”.\nBitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them.\n“We believe capital is going to keep flowing from those asset classes into bitcoin because bitcoin is technically superior to those asset classes and that being the case, there’s just no reason to sell the winner and to buy the losers,” he said.\nMicroStrategy first started purchasing bitcoin in August 2020 and has since consistently added to its portfolio. The software firmalongside its fourth quarter earnings reportrebranded itself a “bitcoin development company,” doubling down on its commitment to the cryptocurrency.\nMSTR shares are up 11.8% year-to-date.', 'VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, today announces it will release financial results for its first quarter 2024 ending December 31, 2023 on Wednesday, February 21, 2024 after the market close. The Company will host a conference call to review its results and provide a corporate update on Thursday, February 22, 2024 at 4:30 pm ET. Attendees should register in advancehere.\nAdditionally, DMG announces recent operational updates:\n• New Mining Capacity:In total, DMG plans to energize 54 mining containers, which will house its ordered 4,550 units of new Bitmain T21 miners, its currently operating S19 XP miners along with some of its less efficient legacy fleet. DMG has received all the major electrical distribution components and mining containers, which are now located either at its Christina Lake data center facility or with its integration partners. The migration of a portion of its existing miners to containers will free up capacity inside DMG’s Christina Lake data center building to expand its immersion cooling infrastructure. Subsequent to the container deployment, DMG’s total electrical capacity will be approximately double its current Christina Lake building capacity of 36 megawatts.\n• New Data Center Site:Regarding DMG’s development of a new data center site with access to low-cost reliable renewable energy located in Canada in a province outside of British Columbia, there has been significant progress towards receiving regulatory approvals for power. In addition, the Company is proceeding with its capital outlay plan and is working towards executing a binding agreement. Further information will be provided if and when the definitive agreement and regulatory approvals are obtained for this new data center site.\n• Immersion Cooling Technology: After a long period of engineering development, DMG has ordered its first production environment immersion cooling tanks with the goal to have an initial closed loop set-up completed in the June 2024 quarter. Subsequent to this initial build-out, the Company will then purchase the remainder of the equipment necessary to energize the first 12-megawatt phase. In addition, DMG has selected a deployment partner that is located near its Christina Lake facility with which it has a long standing relationship. For this first phase of immersion cooling, the Company intends to operate using primarily legacy miners to prove out the technology.\nDMG’s CEO, Sheldon Bennett commented, “DMG is making good progress to transform its Christina Lake data center facility and to proceed with the development of our potential second site that will enable us to grow beyond 2 EH/s capacity. As we look at how Bitcoin mining infrastructure is continuing to evolve, we are staying at the forefront with deployment of immersion cooling technology along with infrastructure for a new generation of highly efficient miners that run on 3-phase power.”\nNew Loan to Bosonic\nDMG announces it has provided a total of an additional US$600,000 of debt financing to Bosonic, Inc. to support its continued development and help enable it to sustain cash flow positive operations. As of September 30, 2023, DMG had provided US$150,000 of debt and during the three months ended December 31, 2023, DMG had provided a further US$450,000 of debt to Bosonic. The debt is interest bearing at 7.5% and is due within 18 months.\nDMG EngagesPower Mining Analysis Ltd.\nDMG announces it has engaged Power Mining Analysis Ltd. to support DMG’s marketing efforts to increase awareness and show how it performs as a Bitcoin miner relative to its peer group. Power Mining Analysis was founded by Anthony Power and Bryce McNallie, both well-known Bitcoin mining industry analysts. This engagement began on February 1, 2024 at a cost of US$3,500 per month.\nAbout DMG Blockchain Solutions Inc.\nDMG is an environmentally friendly vertically integrated blockchain and data center company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.\nFor more information on DMG Blockchain Solutions visit:www.dmgblockchain.comFollow @dmgblockchain on X and subscribe to DMG\'s YouTube channel.\nFor further information, please contact:\nOn behalf of the Board of Directors,\nSheldon Bennett, CEO & DirectorTel: 516-222-2560Email:[email protected]:www.dmgblockchain.com\nInvestor Relations Contact:CORE IR 516-222-2560\nFor Media Inquiries:Jules AbrahamCORE [email protected]\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nCautionary Note Regarding Forward-Looking Information\nThis news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, the expected increase in realized hashrate, completing the build and upgrades for immersion cooling, expected substation maintenance, the deployment of new capacity, the expected arrival of new miners, to acquire a new data center, the expected timelines, developing and executing on the Company’s products and services, increasing self-mining, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.\nFuture changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.\nForward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company\'s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG\'s bitcoins; DMG\'s relationships with its customers, distributors and business partners; the inability to add more power to DMG\'s facilities; DMG\'s ability to successfully define, design and release new products in a timely manner that meet customers\' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG\'s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.\nFactors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company\'s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG\'s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.', "Ethereum (ETH), the Ethereum network's native token, surged past $3,000 for the first time since April 2022, extending its recent winning streak. This rally marks a 12% increase in the past week and pushes its year-to-date gains to nearly 30%, outperformingBitcoin's 22% rise.\nThis bullish run isn't limited to ETH. The crypto market as a whole is seeing a strong 2024, with major tokens trading significantly higher than last year. Analysts cite anticipation for potential spot-based ETH exchange-traded funds (ETFs) as a key driver of ETH's momentum.\nMarket participants believe ETH could climb further, targeting $3,500 as the next resistance level. The potential approval of spot ETH ETFs could significantly boost the token's appeal to institutional investors, similar to how Bitcoin ETFs attracted sizable allocations after their debut last month. This wider adoption could further propel ETH's price upward.\nWhile the future remains uncertain, the current environment suggests continued optimism for ETH and the broader cryptocurrency market. The potential for regulatory approval of ETH ETFs, coupled with anticipated interest from institutional investors, could see continued momentum in ETH.", "• US stocks dropped on Tuesday as the AI trade cooled down ahead of Nvidia's earnings report.\n• Shares of Nvidia and Super Micro Computer both fell by about 5% in Tuesday trades.\n• Solid earnings results from Walmart and Home Depot painted a solid picture of the US consumer.\nUS stocks dropped on Tuesday with the AI trade cooling down ahead of Nvidia's fourth-quarter earnings results.\nNvidia and Super Micro Computer stock both declined by about 5% on Tuesday as investors take profits ahead ofwhat could be a market-moving event when Nvidia CEO Jensen Huangkicks off his company's earnings call after the market close on Wednesday.\nNvidia has been largely responsible for spurring a rally in tech stock over the past year thanks to excitement towards artificial intelligence. Now, investors want to see how much financial strength is behind the AI hype.\nMeanwhile, retailersWalmartandHome Depotreported earnings on Tuesday, with both companies beating revenue and profit projections. Walmart stock jumped 3% after it announced a 9% dividend hike and prepares for a 3-for-1 stock split later this month, while Home Depot stock traded about flat.\nOf the 79% ofS&P 500companies that have reported earnings results so far, 80% beat profit estimates by a median of 7% and 64% are beating revenue estimates by a median of 3%, according to Fundstrat.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:4,975.51, down 0.6%\n• Dow Jones Industrial Average:38,563.80, down 0.17% (-64.19 points)\n• Nasdaq Composite:15,630.78, down 0.92%\nHere's what else happened today:\n• Goldman Sachs increased its S&P 500 price target for the second time since Novemberto 5,200, representing potential upside of about 4% from current levels. The bank said strong earnings were behind the change.\n• Here's what investors should watch for when Nvidia reports its earnings resultson Wednesday, according to Wedbush analyst Dan Ives.\n• A glut of supply of lab-made diamonds are likely to result in a price decline,according to analysts.\n• Nintendo stock fell 5% on Tuesday after a report said it would delay its Switch 2 consolelaunch until early 2025.\n• Here's what Wall Street expects to hear from Nvidiawhen it reports its fourth-quarter results on Wednesday.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil fell 1.66% to $77.16\xa0 a barrel.Brent crude, the international benchmark, dropped 1.32% to $82.46 a barrel.\n• Goldclimbed 0.57% to $2,035.60 per ounce.\n• The 10-year Treasury yield was flat at 4.27%.\n• Bitcoinclimbed 0.79% to $52,188.\nRead the original article onBusiness Insider", 'Cautious investors face a £9,000 penalty for choosing supposedly “safe” assets over “risky” stock market funds.\nAfter last week’s news thatBritain had slipped into recessionin 2023, many investors may be tempted by traditional “safe haven” assets such as gold and government bonds. These typically fare better during market downturns when stocks can run into trouble.\nBut over the long term there can be a heavy price to pay for erring on the side of caution.\nOver the past 10 years all “safe haven” assets apart from cash have at times suffered steeper falls than an investment fund designed to replicate the performance of the global stock market, according to analysis by stockbroker AJ Bell. They have also delivered significantly lower returns overall.\nAn investor who put £10,000 into a “60/40” portfolio – 60pc shares and 40pc bonds – 10 years ago would have £14,100 today, after inflation, compared with £22,750 for someone who had bought a global stock market fund.\nSuch portfolios of 60pc shares and 40pc bonds are often recommended to those approaching retirement. The theory is that when one asset falls the other rises, smoothing out returns. But these portfolios failed miserably in 2022 asshares and bonds fell in tandem.\nAs a result, when we look at performance over complete calendar years, 60/40 investors have suffered more than their “risk-taking” counterparts who held only shares. A 60/40 portfolio fell by 11pc in 2022, compared with 8pc for the fund that tracks global stocks.\nOver the past 10 years, investors in “gilts” – bonds issued by the British Government – actually lost money. Once inflation was taken into account, a £10,000 investment would have fallen in value to £8,520. This means gilt investors were only £60 better off than if they had simply kept the money in cash.\nRecommended\nWhat are bonds, how do they work and how do you buy them?\nRead more\nLaith Khalaf of AJ Bell said: “It’s been better to be a hare than a tortoise when it comes to investment markets over the past decade. More conservative investors will be used to the idea that they won’t make as much money in bull markets, but perhaps what they may be more disappointed by is that they have had to endure such volatility to achieve such modest returns.”\nHe said this could in part be attributed to “the huge directional change in monetary policy which routed the bond market in 2022”.\nGovernment bonds are usually among the least volatile assets but in 2022 gilt investors saw their holdings plummet by 23pc as former prime minister Liz Truss’s mini-Budgetsent the bond market into crisis.\nOf the safe haven assets AJ Bell analysed,gold produced the worst performancewithin a single calendar year. Gold is renowned for retaining its value during economic downturns, but this does not mean that investors who buy the metal should expect a smooth ride.\nWhile a £10,000 investment in gold 10 years ago would be worth £16,352 today after inflation, for those returns investors would have had to stomach a 30pc fall in 2013.\nHowever, gold’s volatility is not a reason to avoid the asset completely.\n“In combination with shares and bonds, gold can fulfil a useful role in a portfolio because it tends to wax and wane at different times to other assets, which can lead to a smoother journey at a portfolio level,” said Mr Khalaf. “But trading gold at a standalone level is a risky game, a bit like Bitcoin without the steroids. Investors should seek to hold a maximum of 5pc to 10pc in gold in a diversified portfolio.”\nAlthough the 60/40 portfolio suffered steep falls in 2022, it has offered some protection against losses. In the first few months of 2020 it lost 15pc while the global stock market fund fell by 20pc as the pandemic took hold.\nDespite its poor performance in 2022, it remains a sensible compromise for those nearing retirement, experts say.\nMr Khalaf said: “While there are no guarantees, gilt holders are likely to have a smoother ride now the bond bubble has popped and 60/40 investors can probably expect greater stability from the bond side of their portfolio.\n“However, historical performance tells us they are still unlikely to match the long-term returns provided by the stock market.”', 'By Tom Wilson\nLONDON (Reuters) -Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies.\nCircle did not give a reason for its decision but said that under its risk management framework it "continually assesses the suitability" of blockchains that support USDC, the second-biggest stablecoin after Tether.\nIt said institutional clients can transfer USDC held on Tron to other blockchains, or redeem the tokens with it for traditional currency, until February 2025. Retail customers can transfer USDC to other blockchains and redeem USDC at crypto exchanges and brokerages, it added.\nTron\'s vision is to become the world\'s "largest and most prosperous decentralized financial protocol," a Tron spokesperson said, adding: "We continue to move forward."\nCircle, which in January said it had filed for a U.S. initial public offering, last year terminated accounts held with it by Tron founder Justin Sun and his affiliated companies.\nSun, a prominent crypto entrepreneur, was sued last year by the Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nCircle\'s latest announcement affects USDC on the Tron blockchain, "as opposed to an individual user or related business entities", a spokesperson said.\nWith some $28 billion in circulation, USDC is the eighth-biggest crypto token, according to data firm CoinGecko. USDC worth $335 million are hosted on Tron, Circle\'s website says.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel.\n(Reporting by Tom Wilson in London; editing by Emelia Sithole-Matarise and Jason Neely)', '• The sudden jump in volume comes as VanEck is set to reduce its offering fees to 0.20% from 0.25% on Wednesday.\n• HODL had the third-largest daily volume, behind Grayscale’s GBTC and BlockRock’s IBIT.\nTrading volumes of VanEck’s HODL, one of the ten spot bitcoin {{BTC}} exchange-traded funds in the U.S. (ETF), surged over 2,200% on Tuesday in a move driven by individual traders.\nHODL tradedover $400 millionin volumes on Tuesday, a 22-fold jump over its daily average of $17 million. The figures came ahead of a planned fee cut on Wednesday, when VanEck will reduce its offering fees from 0.25% to 0.20%, as per a filing.\nHODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF now holds nearly $200 million worth of bitcoin as of Feb.20,data shows.\nBloomberg Intelligence analyst Eric Balchunas said on X that the volumes came from 32,000 individual trades instead of one big investor – showing signs of a retail mania.\n“Given how sudden and explosive the increase in the number of trades was (500 trades Friday, 50,000 trades today), I’m wondering if some Reddit or TikTok influencer type recommended them to their followers,” Balchunas said. “Feels retail army-ish.”\nHODL’s unusually large volumes contributed to the bitcoin ETFs posting their highest volume day since going live in January,as reported.', '• The sudden jump in volume comes as VanEck is set to reduce its offering fees to 0.20% from 0.25% on Wednesday.\n• HODL had the third-largest daily volume, behind Grayscale’s GBTC and BlockRock’s IBIT.\nTrading volumes of VanEck’s HODL, one of the ten spot bitcoin {{BTC}} exchange-traded funds in the U.S. (ETF), surged over 2,200% on Tuesday in a move driven by individual traders.\nHODL tradedover $400 millionin volumes on Tuesday, a 22-fold jump over its daily average of $17 million. The figures came ahead of a planned fee cut on Wednesday, when VanEck will reduce its offering fees from 0.25% to 0.20%, as per a filing.\nHODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF now holds nearly $200 million worth of bitcoin as of Feb.20,data shows.\nBloomberg Intelligence analyst Eric Balchunas said on X that the volumes came from 32,000 individual trades instead of one big investor – showing signs of a retail mania.\n“Given how sudden and explosive the increase in the number of trades was (500 trades Friday, 50,000 trades today), I’m wondering if some Reddit or TikTok influencer type recommended them to their followers,” Balchunas said. “Feels retail army-ish.”\nHODL’s unusually large volumes contributed to the bitcoin ETFs posting their highest volume day since going live in January,as reported.', "• The twins were initial investors in Fairshake.\n• Fairshake spent millions opposing California Senate Candidate Katie Porter.\nFairshake, a Super political action committee (PAC) that is backing crypto-friendly candidates, has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloombergreported, citing the latest federal filings.\nThe Winklevoss twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin {{BTC}} investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. The Winklevoss' join a list of high-profile crypto investors backing the Super PAC, such as Andreessen Horowitz (a16z),ARK Invest, as well as crypto companies like Circle, Ripple, Coinbase (COIN) and more.\nOverall, Fairshake has raised more than $85 million to support leaders who endorse crypto and blockchain,according to OpenSecrets.org. It has also spent millionsopposing California Senate Candidate Katie Porter.\nSuper PACs are prohibited from sending money directly to political candidates and Fairshake has emerged as one of the most prominent campaign finance forces supporting crypto.\nRead More:Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election", "Cryptocurrency caught fire during the pandemic, from classic blockchain projects likeBitcoin(CRYPTO: BTC)andEthereumto whimsical alternatives likeDogecoinandShiba Inu. The market increased 15 times in value between March 2020 and November 2021, peaking at around $3 trillion.\nOf course, the tide turned shortly thereafter. The collapse of the Terra blockchain precipitated the bankruptcy of several cryptocurrency lenders and exchanges, triggering a crash that erased more than $2 trillion in value. The market fell about 75% between November 2021 and December 2022, dropping to $790 billion.\nBut the tide has since turned once again. The cryptocurrency market more than doubled during the past year as investors rotated back into risk assets. Its market capitalization currently stands at $1.9 trillion, butMorningstaranalyst Michael Miller believes that figure could grow 240% to reach $6.4 trillion by 2032. Forecasts should always be treated with skepticism, but that estimate seems plausible.\nDespite creating substantial wealth in the past, the cryptocurrency market remains quite small compared to the global stock market ($109 trillion) and the global fixed-income market ($135 trillion). Read on to learn why theiShares Bitcoin ETF Trust(NASDAQ: IBIT)is a worthwhile long-term investment for risk-tolerant investors.\nMorningstar believes thecryptocurrencymarket could be worth $6.4 trillion by 2032. That estimate portends substantial upside inBitcoin.\nSpecifically, Bitcoin accounts for 52% of the cryptocurrency market today, and it has been rangebound between 40% and 60% over the last three years. Assuming that pattern holds, a cryptocurrency market worth $6.4 trillion implies a Bitcoin valuation between $2.6 trillion and $3.8 trillion. For context, Bitcoin is currently worth $1 trillion. So the implied upside ranges from 160% to 280% by 2032. Investors can capitalize on that potential price appreciation by purchasing a spot Bitcoin ETF.\nThe Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs earlier this year. Those first-of-their-kind products purchase Bitcoin directly, and therefore track its price precisely. That differs from previously approved Bitcoin futures ETFs, which invest in futures contracts. Those products track the price of Bitcoin much less precisely. For instance, Bitcoin gained 115% over the last 12 months, but theProShares Bitcoin Strategy ETFgained just 60%.\nAdditionally, spot Bitcoin ETFs greatly reduce friction by eliminating the hassle of specialized exchanges and blockchain wallets. That value proposition could bring more retail and institutional investors to the market, driving Bitcoin's price higher. Indeed,MicroStrategyCEO Michael Saylor believes Bitcoin could reach $500,000 in the next decade, implying 900% upside from its current price of $50,000.\nEvery spot Bitcoin ETF should do the same thing: purchase Bitcoin for the fund, divide the fund into shares, and sell those shares on the stock market. That means fees are the most important variable. Listed below are 11 spot Bitcoin ETFs (and their expense ratios) that have been approved by the SEC.\n• Bitwise Bitcoin ETF Trust:0.20%\n• Ark 21Shares Bitcoin ETF:0.21%\n• Fidelity Wise Origin Bitcoin Fund:0.25%\n• iShares Bitcoin Trust:0.25%\n• Valkyrie Bitcoin Fund:0.25%\n• VanEck Bitcoin Trust:0.25%\n• Franklin Templeton Digital Trust:0.29%\n• WisdomTree Bitcoin Trust:0.3%\n• Invesco Galaxy Bitcoin ETF:0.39%\n• Hashdex Bitcoin ETF:0.94%\n• Grayscale Bitcoin Trust:1.5%\nI would eliminate most of those spot ETFs based on high fees, especially the Grayscale Bitcoin Trust. There is simply no reason to pay 1.5% -- meaning the annual fee on a $10,000 portfolio would total $150 -- when identical products can be purchased for less. Most of them have paused their fees for a limited time in order to generate more investor interest in the early going, but these discounts will go away over time.\nNext, I would consider the issuer.BlackRock's iShares Bitcoin Trust stands out because BlackRock is the largest asset manager in the world. To be clear, the issuer matters far less than the fees, but larger issuers like BlackRock may be less prone to liquidity problems created by insufficient demand.\nFor instance, the iShares Bitcoin Trust currently trades at a modest premium to its net asset value, meaning investors are valuing the fund at a slight premium to Bitcoin itself. However, the Grayscale Bitcoin Trust trades at a discount to its net asset value.\nI'll end with a word of caution. Bitcoin has historically been very volatile, and that is unlikely to change. Investors should be comfortable with the idea that the iShares Bitcoin Trust could lose 50% (or more) of its value from time to time in the future.\nShould you invest $1,000 in iShares Bitcoin Trust right now?\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Cryptocurrency ETF to Buy Before the Market Soars 240%, According to a Wall Street Analystwas originally published by The Motley Fool", "Everyone loves milestones, andBitcoin(CRYPTO: BTC)recently hit a big one, surpassing $50,000 for the first time since late 2021. Bitcoin was under $20,000 not even a year ago. An urge to jump on board is understandable, as is a fear of buying Bitcoin after prices crashed a few years ago.\nAfter all, Bitcoin's price still hasn't reached its former high of $68,790.\nDon't let the agony of guessing Bitcoin's short-term price rattle you. If you're in this emotional bind right now, you're looking at things incorrectly. Here is how to look at Bitcoin as an investment and decide whether to buy at its current price.\nBitcoin is similar to stocks in that short-term prices are based on little other than the whims of the market'sbuyers and sellers. Prices go up when more people want to buy Bitcoin and down when they want to sell it. Can you control people? Can you predict what someone else will do tomorrow, next week, or next month? Of course not. Yet people try to guess what day-to-day prices will do, even though the same unpredictable forces are dictating them.\nYou can tradeBitcoinor other cryptocurrencies, but it's just glorified guessing and gambling.\nBe an investor instead.\nInvesting means you believe in a long-term vision of what Bitcoin can become and what will increase its value over time. Ideally, you own Bitcoin because you think more people will use and desire it over time. That increased demand against Bitcoin's capped supply of 21 million coins means that prices will theoretically rise over time.\nIt hasn't been a straight line, but the long-term performance of Bitcoin has created remarkable amounts of wealth already.\nA vision for the future doesn't make Bitcoin a cult. The facts have to match the theory. However, data supports that Bitcoin adoption is gradually spreading.\nAccording to research from BTC Maps, the number of worldwide in-person merchants accepting Bitcoin as payment tripled to more than 6,000 in 2023. That doesn't include Bitcoin ATMs, of which there are an estimated 34,000 worldwide. Companies are also using technology to mak Last 60 Days of Bitcoin's Closing Prices: [43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-21 Financial & Commodity Data: - Gold Closing Price: $2022.30 - Crude Oil Closing Price: $77.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,013,370,243,338 - Hash Rate: 560636963.180819 - Transaction Count: 369949.0 - Unique Addresses: 630339.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the years of investing, I have seen stocks delivering 10x, 20x and even 50x returns. Of course, it does not come overnight. It’s about buying a good idea at the right time and sitting tight. Even if investors make 2x or 3x in a story, there is a big temptation to book profits. However, well-researched ideas with high conviction can be massive wealth creators. The focus of this column is on potential multibaggergrowth stocksto buy. While I have talked about sitting tight for the long term, the risk with growth stocks is high. I would look closely at the business developments to reaffirm my conviction. I am not talking about industry headwinds. Millionaire-maker stocks are those that navigate economic and industry downturns and emerge stronger. Let’s talk about the factors that make these growth stocks interesting to hold until 2030. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com WhenBitcoin(BTC-USD) surged in Q1 2021,Riot Platforms(NASDAQ:RIOT) stock touched highs of $75. While RIOT stock has skyrocketed by over 250% in the last 12 months, the stock trades at roughly $15 per share. I am bullish on Bitcoin making new highs this year and RIOT stock is likely to remain in an uptrend. Crypto experts are betting on Bitcointouching $100,000 by the end of 2024. If this scenario holds true, I expect at least 3x returns from RIOT stock. Riot Platforms has undertaken an aggressive hash rate capacity expansion plan that complements industry tailwinds. To put things into perspective, Riot ended 2023 with a Bitcoin mining capacity of 12.4EH/s. The company expects to boost capacity to 28.8EH/s by the end of the year andfurther to 38.1EH/s by 2025. This would translate into robust revenue and cash flow upside with the Bitcoin rally. With a zero-debt balance sheet and a cash buffer (including digital assets) of $599 million, there are no growth financing concerns. Source: Chesky / Shutterstock.com EHang Holdings(NASDAQ:EH) is among the hottestflying car stocksto buy for multibagger returns. After a strong rally in the first half of 2023, EH stock has remained sideways. This seems like a good accumulation opportunity as EHang prepares for solid growth in the next few years. In a major development, the company’s pilotless passenger-carrying aerial vehiclesuccessfully completed its debut commercial flight demonstrationsin Guangzhou and Hefei. With approval from the Civil Aviation Administration of China, the company is positioned for expansion within China. Further, the company has already conducted39,000 demo and trial flights in 14 countries. This includes countries in Asia and Europe. In the next few years, EHang will likely get approval from different countries which can translate into stellar growth. I also don’t see financing concerns. In Q3 2023, the companyraised $23 million from PIPE investmentfrom strategic investors. The consolidation in EH stock is a good opportunity to accumulate. Source: Nesterenko Maxym / Shutterstock.com Leonardo DRS(NASDAQ:DRS) is another stock that represents a company with exciting growth prospects. DRS stock has trended higher by 51% in the last 12 months. However, at a forward price-earnings ratio of 17, this emerging defense player looks attractive. As an overview, Leonardo is focused on providing defense electronic products and systems. This includes advanced sensing, network computing, force protection, electric power, and propulsion. The first point to note is that Leonardo reported anorder backlog of $4.7 billionfor Q3 2023. On a year-on-year basis, the backlog has increased by 50%. With higher defense spending, I expect backlog growth to be sustained. This will translate into revenue growth acceleration and cash flow upside. It’s worth noting that Leonardo has an available credit facility of $500 million. Further, the leverage is low at 1.4x. This is important to mention as the company has included potential acquisitions as one of the growth strategies. At the same time, Leonardo is investing in innovation. In November 2023, the company received an order for continued production of itsnext-generation thermal weapon sightsfor the U.S. Army. Innovation-driven organic growth will create value in the long term. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • The #1 AI Investment Might Be This Company You’ve Never Heard Of • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post3 Quality Growth Stocks to Buy Under $20 for Multibagger Returnsappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "627.42", "AUM ($, mm)": "434,899.55", "AUM % Change": "0.14%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "335.04", "AUM ($, mm)": "406,556.44", "AUM % Change": "0.08%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "220.32", "AUM ($, mm)": "25,483.24", "AUM % Change": "0.86%"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "216.67", "AUM ($, mm)": "124,496.53", "AUM % Change": "0.17%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "216.44", "AUM ($, mm)": "4,350.42", "AUM % Change": "4.98%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "191.37", "AUM ($, mm)": "6,204.24", "AUM % Change": "3.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "168.95", "AUM ($, mm)": "17,233.34", "AUM % Change": "0.98%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "159.16", "AUM ($, mm)": "45,696.39", "AUM % Change": "0.35%"}, {"Ticker": "VT", "Name": "Vanguard Total World Stock ETF", "Net Flows ($, mm)": "148.24", "AUM ($, mm)": "34,037.48", "AUM % Change": "0.44%"}, {"Ticker": "VXUS", "Name": "Vanguard Total International Stock ETF", "Net Flows ($, mm)": "140.60", "AUM ($, mm)": "65,065.47", "AUM % Change": "0.22%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-2,260.55", "AUM ($, mm)": "247,024.32", "AUM % Change": "-0.92%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,848.22", "AUM ($, mm)": "488,571.77", "AUM % Change": "-0.38%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-1,182.03", "AUM ($, mm)": "31,893.24", "AUM % Change": "-3.71%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "-485.46", "AUM ($, mm)": "2,249.57", "AUM % Change": "-21.58%"}, {"Ticker": "IWB", "Name": "iShares Russell 1000 ETF", "Net Flows ($, mm)": "-302.66", "AUM ($, mm)": "33,787.51", "AUM % Change": "-0.90%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-159.24", "AUM ($, mm)": "12,091.68", "AUM % Change": "-1.32%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-150.44", "AUM ($, mm)": "23,490.33", "AUM % Change": "-0.64%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "-128.32", "AUM ($, mm)": "8,587.98", "AUM % Change": "-1.49%"}, {"Ticker": "SPSB", "Name": "SPDR Portfolio Short Term Corporate Bond ETF", "Net Flows ($, mm)": "-118.80", "AUM ($, mm)": "7,246.99", "AUM % Change": "-1.64%"}, {"Ticker": "SHYG", "Name": "iShares 0-5 Year High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-117.94", "AUM ($, mm)": "5,362.27", "AUM % Change": "-2.20%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "4.90", "AUM ($, mm)": "6,917.61", "% of AUM": "0.07%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "10.84", "AUM ($, mm)": "17,141.66", "% of AUM": "0.06%"}, {"": "Commodities", "Net Flows ($, mm)": "-56.22", "AUM ($, mm)": "122,821.17", "% of AUM": "-0.05%"}, {"": "Currency", "Net Flows ($, mm)": "439.06", "AUM ($, mm)": "41,456.42", "% of AUM": "1.06%"}, {"": "International Equity", "Net Flows ($, mm)": "427.19", "AUM ($, mm)": "1,392,221.35", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "482.52", "AUM ($, mm)": "173,998.13", "% of AUM": "0.28%"}, {"": "Inverse", "Net Flows ($, mm)": "-264.97", "AUM ($, mm)": "14,425.27", "% of AUM": "-1.84%"}, {"": "Leveraged", "Net Flows ($, mm)": "24.41", "AUM ($, mm)": "87,369.59", "% of AUM": "0.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-3,075.70", "AUM ($, mm)": "5,181,056.63", "% of AUM": "-0.06%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-530.44", "AUM ($, mm)": "1,355,777.62", "% of AUM": "-0.04%"}, {"": "Total:", "Net Flows ($, mm)": "-2,538.42", "AUM ($, mm)": "8,393,185.45", "% of AUM": "-0.03%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', "It certainly feels like we're in the midst of a crypto correction these days. Among the best asset classes for investment in the early days of the year, many digital coins and tokens have reversed course in recent days by trading lower.\nThat trend continued on Wednesday, with top coinEthereum(CRYPTO: ETH)down by more than 2% in late afternoon trading and high-profile meme coinDogecoin(CRYPTO: DOGE)sliding at a similar rate. Other altcoins were taking harder hits, includingAxie Infinity(CRYPTO: AXS)andOptimism(CRYPTO: OP), which were heading south at a nearly 6% and almost 11% clip, respectively.\nInterestingly, it seems a major factor driving crypto prices skyward recently might be a reason for them sliding now. SpotBitcoinexchange-traded funds (ETFs)continue to surge in popularity, soaring to multiweek highs in trading action on Tuesday. According to crypto news and analytics site TheBlock.com, the volume of such securities that day reached nearly $2.6 billion.\nInvestors likespot Bitcoin ETFsbecause they provide near-direct exposure to Bitcoin without the hassle of having to manage it. This typically involves opening, funding, and maintaining a specialized crypto trading account and handling the often wonky particulars of digital wallet management. With a spot Bitcoin ETF, all an interested investor needs to do is buy shares through a traditional brokerage.\nAs a group, cryptos also tend to wane when there's hot action in other types of securities. Wednesday was all about tech stocks -- remember those? Much of the investment world was focused particularly on the latest quarterly report published after market hours Wednesday by graphics processing unit (GPU) titanNvidia(spoiler alert; the company did gangbusters in its fourth quarter, beating on both the top and bottom lines).\nWith much action in all manner of tech stocks in advance of that earnings release, it's likely that some crypto-holders did a little reallocating by shifting part of their funds from coins/tokens to tech equities.\nNvidia is likely to stay the investment story for the rest of the week, and those spot Bitcoin ETFs sure aren't going anywhere. Considering that, there's more than a small chance this crypto correction could last for a few more days.\nAs usual in market downturns, though, that would open up opportunities for buying on the slump. Personally, I'll be holding on to my (admittedly tiny) Ethereum position, as that coin is almost certain to be the next digital asset getting the spot ETF treatment. Dogecoin is always somewhat of a dodgy investment given its continued lack of utility and its volatility, but utility plays like Optimism could rise along with the coming of spot Ethereum ETFs.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Nvidia. The Motley Fool has adisclosure policy.\nWhy Cryptocurrencies Like Ethereum and Dogecoin Were Sinking Todaywas originally published by The Motley Fool", 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', '• US stocks closed mixed on Wednesday as traders looked ahead to Nvidia\'s earnings report.\n• The S&P 500 and Dow closed in the green while the Nasdaq finished lower on the day.\n• Investors digested the latest Fed minutes and repriced their expectations for rate cuts in 2024.\nStocks closed mixed on Wednesday\xa0as investors grew anxious ahead of Nvidia\'s highly-anticipated fourth-quarter earnings report. The S&P 500 and Dow closed in the green after earlier losses, while the Nasdaq finished lower on the day.\nNvidia shares continued to slump, declining another 3% on Wednesday after a 4% decline the prior day. The firm will deliver its earnings results after the closing bell. Wall Street analysts expect the firm to have pulled around$20 billion in revenue.\nEven if Nvidia beats that target, it still might not be enough to meet investors\' astronomically high expectations for the stock. The company is among the best-performing names in the Nasdaq Composite, having soared over 200% over the past year.\n"There aren\'t enough superlatives to describe the run the stock has been on since its 2022 lows," Freedom Capital Markets chief global strategist Jay Woods said in a statement on Wednesday, expressing his bullish outlook on the stock. "Can this momentum continue? The answer is simple. Yes. Yes, it can."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 4,981.80, up 0.1%\n• Dow Jones Industrial Average: 38,612.24, up 0.1% (48 points)\n• Nasdaq Composite: 15,580.87, down 0.3%\nIn the meantime, investors digested the minutes from the Fed\'s latest policy meeting. Central bankers expressed some hawkishness over interest rate cuts this year, with most members pointing to "the risks of moving too quickly to ease the stance of policy," the minutes said.\nMarkets pushed back on rate cut expectations for the year. Investors are now pricing in a 29% chance the Fed could begin cutting rates in May, down from a 32% chance priced in yesterday, according to the CME FedWatch tool.\nHere\'s what else is going on today:\n• A blowout earnings report from Nvidiacould actually be bad for stocks, JPMorgan warned.\n• Fed rate hikes are creeping back into the conversationas inflation risks linger in the economy.\n• Here are10 of the most popular hedge funds right now, according to Goldman Sachs.\n• TheMagnificent Seven looks like the Nifty Fifty stock bubblein the 70s, top economist David Rosenberg said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1.05% to $77.85 a barrel.Brent crude, the international benchmark, dipped 0.10% to $82.95 a barrel.\n• Goldslipped 0.01% to $2,024.10 per ounce.\n• The 10-year Treasury yield rose 4 basis-points to 4.323%.\n• Bitcoindipped 1.9% to $51,108.\nRead the original article onBusiness Insider', 'VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, today announces its fiscal first quarter 2024 financial results. All financial references are in Canadian Dollars unless specified otherwise.\nQ1 2024 Financial Results Highlights\n• Q1 2024 results of $9.7 million revenue, $1.5 million operating loss before other items, $7.0 million net income and $0.04 per share\n• 196 bitcoin mined, up 35% from the prior quarter on 0.96 EH/s, up 45% from the prior quarter\n• $3.7 million cash flow from operations, up 163% from the prior quarter\n• Signed agreement with Bitmain Technologies in December to purchase 4,550 T21 190 TH/s bitcoin miners, which is expected to approximately double hashrate to about 2 EH/s\n• Strong balance sheet as of December 31, 2023 with $27.7 million in cash and digital currency, $91.0 million in total assets\nSheldon Bennett, DMG Blockchain Solutions’ Chief Executive Officer, commented, “DMG Q1 2024 results benefitted from the confluence of our 45% higher hashrate and a 30% increase in the quarterly average price of bitcoin versus the prior quarter. With the purchase of 4,550 new 190 TH/s T21 miners and the infrastructure needed to energize those miners, we are positioned to approximately double our electrical infrastructure and hashrate. Regarding our Core+ Blockseer software strategy, we continue to invest in both Bitcoin network software infrastructure and applications, and we remain encouraged regarding the opportunity to monetize bitcoin transactions.”\nQ1 2024 Financial Results Review\nRevenue for the first fiscal quarter ending December 31, 2023 was $9.7 million versus $7.2 million in the prior year period, an increase of 35%, primarily due to the increase in digital currency mining revenues as a result of bitcoin price increasing 100% over the year-ago period to an average of $49,129 in the December quarter. This increase was partially offset by an 81% increase in Bitcoin network difficulty that lowered DMG’s bitcoin generation per EH/s by 37% from the same period last year. In addition, revenue was also partially offset by a loss in net pool revenue of $1.0 million.\nIncome before other items for the three months ended December 31, 2023 was -$1.5 million versus -$5.3 million in the prior year period.\nOperating and maintenance costs for the three months ended December 31, 2023 were $5.1 million as compared to $4.4 million in the same quarter in the prior year. The increase is a result of a rise in utilities expense, driven by expanded digital currency mining operations related to additional miners.\nNet income for the three months ending December 31, 2023 was $7.0 million versus a loss of $7.0 million in the prior year period. The improvement in net income was driven primarily by an increase in unrealized revaluation gain on digital currency, which was a gain of $8.2 million versus a loss of $1.4 million in the prior year period. In addition, it was also driven by an increase in revenue of $2.5 million and a decrease in depreciation of $1.7 million, partially offset by an increase in operating and maintenance costs of $0.7 million all related to the increase in installation of new miners for self-mining. Research costs increased slightly to $0.4 million.\nEarnings per share for the first fiscal quarter ending December 31, 2023 was $0.04 versus -$0.04 in the prior year period.\nAs of December 31, 2023, the Company had cash of $2.2 million, digital currency of $25.5 million and total assets of $91.0 million. For more details, please refer to theCompany’s filings.\nReaders are encouraged to review the Company’s December 31, 2023 quarterly unaudited financial statements and management’s discussion and analysis thereof for a fulsome assessment of the Company’s performance and applicable risk factors, available at www.sedarplus.ca.\nDMG Blockchain Solutions Inc. First Quarter 2024 Financial Results and Corporate Update Call\nThe Company also announces that it will host a conference call to review first quarter 2024 financial results and provide a corporate update on February 22, 2024, at 4:30 pm ET. Participants are asked to pre-register for the call through thislink. Registered participants will receive a Financial Results and Corporate Update Call weblink and dial-in information in their confirmation email.\nAs there will be no live Q&A session, management will address pre-submitted questions during the call. Those wishing to submit a question may do so via [email protected] using the subject line ‘Conference Call Question Submission’ through 2:00 pm ET on February 22, 2024.\nAbout DMG Blockchain Solutions Inc.\nDMG is an environmentally friendly vertically integrated blockchain and data center company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.\nFor more information on DMG Blockchain Solutions visit: www.dmgblockchain.comFollow @dmgblockchain on X and subscribe to DMG\'s YouTube channel.\nFor further information, please contact:\nOn behalf of the Board of Directors,\nSheldon Bennett, CEO & DirectorTel: 516-222-2560Email:[email protected]:www.dmgblockchain.com\nInvestor Relations Contact:Core IR 516-222-2560\nFor Media Inquiries:Jules AbrahamCore [email protected]\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nCautionary Note Regarding Forward-Looking Information\nThis news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, the expected increase in realized hashrate, the deployment of new capacity, the expected arrival of new miners, the expected timelines, the opportunity and plans to monetize bitcoin transactions, the continued investment in Bitcoin network software infrastructure and applications, developing and executing on the Company’s products and services, increasing self-mining, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.\nFuture changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.\nForward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company\'s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG\'s bitcoins; DMG\'s relationships with its customers, distributors and business partners; the inability to add more power to DMG\'s facilities; DMG\'s ability to successfully define, design and release new products in a timely manner that meet customers\' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG\'s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.\nFactors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company\'s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG\'s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.\nDMG Blockchain Solutions Inc.Consolidated Statements of Loss and Comprehensive Loss(Expressed in Canadian Dollars)(Unaudited)\n[["", "", ""], ["", "For the three months ended December 31,", ""], ["", "2023", "", "2022", ""], ["", "$", "", "$", ""], ["Revenue", "9,690,764", "", "7,174,592", ""], ["", "", ""], ["Expenses", "", ""], ["Operating and maintenance costs", "5,147,651", "", "4,408,792", ""], ["General and administrative", "886,061", "", "947,936", ""], ["Stock-based compensation", "368,494", "", "515,130", ""], ["Research", "438,179", "", "431,939", ""], ["Bad debt expense (recovery)", "3,764", "", "63,604", ""], ["Depreciation", "4,341,782", "", "6,090,845", ""], ["Total expenses", "11,185,931", "", "12,458,246", ""], ["", "", ""], ["Operating loss before other items", "(1,495,167)", "", "(5,283,654)", ""], ["", "", ""], ["Other income (expense)", "", ""], ["Interest and other income", "165,781", "", "113,141", ""], ["Gain on disposition of assets", "-", "", "70,429", ""], ["Foreign exchange loss", "(94,585)", "", "(80,976)", ""], ["Loss on fair value of investments", "(609,120)", "", "-", ""], ["Provision of sales tax receivable", "(253,900)", "", "-", ""], ["Unrealized revaluation gain (loss) on digital currency", "8,162,860", "", "(1,415,660)", ""], ["Realized gain (loss) on sale of digital currency", "851,870", "", "(177,162)", ""], ["Gain (loss) on change in fair value of marketable securities", "244,751", "", "(229,522)", ""], ["Net income (loss)", "6,972,490", "", "(7,003,404)", ""], ["", "", ""], ["Other comprehensive income", "", ""], ["Items that may be reclassified subsequently to income or loss:", "", ""], ["Revaluation loss on digital assets", "-", "", "(9,644)", ""], ["Cumulative translation adjustment", "10,082", "", "(256)", ""], ["Net income (loss) and comprehensive income (loss)", "6,982,572", "", "(7,013,304)", ""], ["", "", ""], ["Basic earnings (loss) per share", "$0.04", "", "($0.04)", ""], ["Diluted earnings (loss) per share", "$0.04", "", "($0.04)", ""], ["Weighted average number of shares outstanding", "", ""], ["- basic", "168,147,570", "", "167,519,584", ""], ["- diluted", "170,175,939", "", "167,519,584", ""]]\nDMG Blockchain Solutions Inc.Consolidated Statements of Financial Position(Expressed in Canadian Dollars)(Unaudited)\n[{"": "", "As atDecember 31, 2023(unaudited)": "$", "As atSeptember 30,2023(audited)": "$"}, ["Current", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "2,202,219", "As atSeptember 30,2023(audited)": "1,789,913"}, {"": "", "As atDecember 31, 2023(unaudited)": "3,021,455", "As atSeptember 30,2023(audited)": "2,476,679"}, {"": "", "As atDecember 31, 2023(unaudited)": "25,465,280", "As atSeptember 30,2023(audited)": "17,142,683"}, {"": "", "As atDecember 31, 2023(unaudited)": "162,883", "As atSeptember 30,2023(audited)": "193,512"}, {"": "", "As atDecember 31, 2023(unaudited)": "631,735", "As atSeptember 30,2023(audited)": "386,984"}, {"": "", "As atDecember 31, 2023(unaudited)": "3,738,632", "As atSeptember 30,2023(audited)": "3,451,024"}, {"": "", "As atDecember 31, 2023(unaudited)": "35,222,204", "As atSeptember 30,2023(audited)": "25,440,795"}, ["", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "5,382,519", "As atSeptember 30,2023(audited)": "3,256,324"}, {"": "", "As atDecember 31, 2023(unaudited)": "43,714,797", "As atSeptember 30,2023(audited)": "47,398,585"}, {"": "", "As atDecember 31, 2023(unaudited)": "45,000", "As atSeptember 30,2023(audited)": "45,000"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,612,032", "As atSeptember 30,2023(audited)": "6,446,251"}, {"": "", "As atDecember 31, 2023(unaudited)": "90,976,552", "As atSeptember 30,2023(audited)": "82,586,955"}, ["", "", "", ""], ["LIABILITIES AND SHAREHOLDERS\' EQUITY", "", "", ""], ["Current", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "4,881,577", "As atSeptember 30,2023(audited)": "4,178,104"}, {"": "", "As atDecember 31, 2023(unaudited)": "66,737", "As atSeptember 30,2023(audited)": "64,361"}, {"": "", "As atDecember 31, 2023(unaudited)": "64,754", "As atSeptember 30,2023(audited)": "50,555"}, {"": "", "As atDecember 31, 2023(unaudited)": "1,280,700", "As atSeptember 30,2023(audited)": "1,272,397"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,293,768", "As atSeptember 30,2023(audited)": "5,565,417"}, ["", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "81,606", "As atSeptember 30,2023(audited)": "41,202"}, {"": "", "As atDecember 31, 2023(unaudited)": "6,375,374", "As atSeptember 30,2023(audited)": "5,606,619"}, ["", "", "", ""], ["Shareholders\' Equity", "", "", ""], {"": "", "As atDecember 31, 2023(unaudited)": "111,381,071", "As atSeptember 30,2023(audited)": "110,820,540"}, {"": "", "As atDecember 31, 2023(unaudited)": "45,459,049", "As atSeptember 30,2023(audited)": "45,507,272"}, {"": "", "As atDecember 31, 2023(unaudited)": "125,962", "As atSeptember 30,2023(audited)": "-"}, {"": "", "As atDecember 31, 2023(unaudited)": "159,126", "As atSeptember 30,2023(audited)": "149,044"}, {"": "", "As atDecember 31, 2023(unaudited)": "(72,524,030)", "As atSeptember 30,2023(audited)": "(79,496,520)"}, {"": "", "As atDecember 31, 2023(unaudited)": "84,601,178", "As atSeptember 30,2023(audited)": "76,980,336"}, {"": "", "As atDecember 31, 2023(unaudited)": "90,976,552", "As atSeptember 30,2023(audited)": "82,586,955"}, ["", "", "", ""]]\nDMG Blockchain Solutions Inc.Consolidated Statements of Cash Flows(Expressed in Canadian Dollars)(Unaudited)\n[{"For the three months ended December 31,": "", "2023": "$", "": "", "2022": "$"}, ["OPERATING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Net income (loss) for the period", "2023": "6,972,490", "": "", "2022": "(7,003,404)"}, ["Non-cash items:", "", ""], {"For the three months ended December 31,": "Accretion", "2023": "11,460", "": "", "2022": "11,845"}, {"For the three months ended December 31,": "Depreciation", "2023": "4,338,369", "": "", "2022": "6,090,845"}, {"For the three months ended December 31,": "Share-based payments", "2023": "368,494", "": "", "2022": "515,130"}, {"For the three months ended December 31,": "Unrealized (gain) loss on revaluation of digital currency", "2023": "(8,162,861)", "": "", "2022": "1,415,660"}, {"For the three months ended December 31,": "Unrealized foreign exchange (gain) loss", "2023": "(16,272)", "": "", "2022": "10,353"}, {"For the three months ended December 31,": "Gain on sale of assets", "2023": "-", "": "", "2022": "(70,429)"}, {"For the three months ended December 31,": "Unrealized (gain) loss on marketable securities", "2023": "(244,751)", "": "", "2022": "229,522"}, {"For the three months ended December 31,": "Impairment of investment", "2023": "609,120", "": "", "2022": "-"}, {"For the three months ended December 31,": "Provision for sales tax receivable", "2023": "253,900", "": "", "2022": "-"}, {"For the three months ended December 31,": "Bad debt expense", "2023": "3,764", "": "", "2022": "63,604"}, {"For the three months ended December 31,": "Digital currency related revenue", "2023": "(8,744,492)", "": "", "2022": "(6,671,394)"}, {"For the three months ended December 31,": "Digital currency sold", "2023": "9,445,176", "": "", "2022": "4,128,129"}, {"For the three months ended December 31,": "Realized (gain) loss on sale of digital currency", "2023": "(851,870)", "": "", "2022": "177,162"}, {"For the three months ended December 31,": "Non-cash interest income", "2023": "(164,632)", "": "", "2022": "(113,141)"}, {"For the three months ended December 31,": "Accrued interest", "2023": "-", "": "", "2022": "(129)"}, ["", "", ""], ["Changes in non-cash operating working capital:", "", ""], {"For the three months ended December 31,": "Prepaid expenses and other current assets", "2023": "35,269", "": "", "2022": "(6,848)"}, {"For the three months ended December 31,": "Amounts receivable", "2023": "(781,682)", "": "", "2022": "(748,923)"}, {"For the three months ended December 31,": "Deferred revenue", "2023": "14,302", "": "", "2022": "64,650"}, {"For the three months ended December 31,": "Trade and other payables", "2023": "668,276", "": "", "2022": "636,444"}, {"For the three months ended December 31,": "Net cash provided by (used in) operating activities", "2023": "3,744,420", "": "", "2022": "(1,270,924)"}, ["", "", ""], ["INVESTING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Purchase of property and equipment", "2023": "(381,773)", "": "", "2022": "(350,486)"}, {"For the three months ended December 31,": "Deposits on mining equipment", "2023": "(2,570,515)", "": "", "2022": "-"}, {"For the three months ended December 31,": "Purchase of short-term investment", "2023": "(609,120)", "": "", "2022": "-"}, {"For the three months ended December 31,": "Proceeds on sale of equipment", "2023": "-", "": "", "2022": "70,429"}, {"For the three months ended December 31,": "Proceeds from sublease", "2023": "-", "": "", "2022": "37,012"}, {"For the three months ended December 31,": "Net cash used in investing activities", "2023": "(3,561,408)", "": "", "2022": "(243,045)"}, ["", "", ""], ["FINANCING ACTIVITIES", "", ""], {"For the three months ended December 31,": "Proceeds from option exercises", "2023": "269,776", "": "", "2022": "63,750"}, {"For the three months ended December 31,": "Principal lease payments", "2023": "(40,276)", "": "", "2022": "(64,044)"}, {"For the three months ended December 31,": "Proceeds from secure loan", "2023": "-", "": "", "2022": "950,665"}, {"For the three months ended December 31,": "Netcash provided by financing activities", "2023": "229,500", "": "", "2022": "950,371"}, ["", "", ""], {"For the three months ended December 31,": "Impact of currency translation on cash and cash equivalents", "2023": "(206)", "": "", "2022": "(144)"}, {"For the three months ended December 31,": "Cash and cash equivalents, change", "2023": "412,306", "": "", "2022": "(563,712)"}, {"For the three months ended December 31,": "Cash and cash equivalents, beginning", "2023": "1,789,913", "": "", "2022": "1,247,513"}, {"For the three months ended December 31,": "Cash and cash equivalents, end", "2023": "2,202,219", "": "", "2022": "683,801"}, ["", "", ""]]', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") is pleased to announce the purchase of 1,000 Bitmain S21 Antminers (the "S21"), which would provide 200 petahash per second ("PH/s") of high efficiency Bitcoin mining capacity. The S21 is the newest and most efficient Bitmain Bitcoin mining ASIC system, boasting 17.5 joules per Terahash ("J/TH"). Additionally, HIVE now has 2,070 Bitcoin on the balance sheet as of February 21, 2024.\nHIVE is continuing its strategic preparation for the Bitcoin Halving event, expected to occur in late April 2024. Rather than expanding our footprint at this time, we are upgrading our fleet with the most efficient machines available, which in turn will lower our average costs to produce a Bitcoin.\nBy upgrading our existing ASICs in our inventory to the S21, we will increase our target Exahash from 5.3 EH/s at 24.7 J/TH by the end of June 2024 to 5.5 EH/s by running only our most efficient machines in our 140 MW of operating infrastructure globally. HIVE believes it is important to stay lean during the Halving, as having low fixed costs, and an inventory of highly efficient ASIC we can run at variable load to minimize variable costs, will allow the Company agility, thus putting HIVE in a strong position to navigate the rest of 2024.\nIn addition, we continue to HODL 100% of the Bitcoin we are mining. With the Halving, the Bitcoin block reward will drop from 900 Bitcoin per day, to 450 Bitcoin per day. With this pre-determined scarcity in the Bitcoin ecosystem, along with the strong US Bitcoin ETF inflows, HIVE believes it is prudent to hold a treasury of Bitcoin on our balance sheet.\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.\nHIVE is a growth-oriented technology stock in the emergent blockchain and high-performance computing industry. As a company whose shares trade on major stock exchanges, we are building a bridge between the digital currency and blockchain sectors and traditional capital markets. HIVE owns green energy-powered data center facilities in Canada, Sweden, and Iceland, where we endeavour to source geothermal and hydroelectric energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency and high-performance computing space.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visithttps://hivedigitaltechnologies.com/. Follow@HIVEDigitalTechon X and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd."Frank Holmes"Executive Chairman\nFor further information please contact:Frank [email protected]\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about: business goals and objectives of the Company; the HODL strategy adopted by the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the Company\'s operations and sustainable future profitability; potential further improvements to the profitability and efficiency across mining operations by optimizing cryptocurrency mining output, continuing to lower direct mining operations cost structure, and maximizing existing electrical and infrastructure capacity including with new mining equipment in existing facilities; continued adoption of Bitcoin globally; the potential for the Company\'s long term growth; the business goals and objectives of the Company, and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the Company\'s ability to compete successfully with other cloud computing service providers; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings at www.sec.gov/EDGAR andwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to realize operational efficiencies going forward into profitability; profitable use of the Company\'s assets going forward; the Company\'s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies will be consistent with historical prices; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/198872', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") is pleased to announce the purchase of 1,000 Bitmain S21 Antminers (the "S21"), which would provide 200 petahash per second ("PH/s") of high efficiency Bitcoin mining capacity. The S21 is the newest and most efficient Bitmain Bitcoin mining ASIC system, boasting 17.5 joules per Terahash ("J/TH"). Additionally, HIVE now has 2,070 Bitcoin on the balance sheet as of February 21, 2024.\nHIVE is continuing its strategic preparation for the Bitcoin Halving event, expected to occur in late April 2024. Rather than expanding our footprint at this time, we are upgrading our fleet with the most efficient machines available, which in turn will lower our average costs to produce a Bitcoin.\nBy upgrading our existing ASICs in our inventory to the S21, we will increase our target Exahash from 5.3 EH/s at 24.7 J/TH by the end of June 2024 to 5.5 EH/s by running only our most efficient machines in our 140 MW of operating infrastructure globally. HIVE believes it is important to stay lean during the Halving, as having low fixed costs, and an inventory of highly efficient ASIC we can run at variable load to minimize variable costs, will allow the Company agility, thus putting HIVE in a strong position to navigate the rest of 2024.\nIn addition, we continue to HODL 100% of the Bitcoin we are mining. With the Halving, the Bitcoin block reward will drop from 900 Bitcoin per day, to 450 Bitcoin per day. With this pre-determined scarcity in the Bitcoin ecosystem, along with the strong US Bitcoin ETF inflows, HIVE believes it is prudent to hold a treasury of Bitcoin on our balance sheet.\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.\nHIVE is a growth-oriented technology stock in the emergent blockchain and high-performance computing industry. As a company whose shares trade on major stock exchanges, we are building a bridge between the digital currency and blockchain sectors and traditional capital markets. HIVE owns green energy-powered data center facilities in Canada, Sweden, and Iceland, where we endeavour to source geothermal and hydroelectric energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from Last 60 Days of Bitcoin's Closing Prices: [43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-22 Financial & Commodity Data: - Gold Closing Price: $2019.70 - Crude Oil Closing Price: $78.61 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,015,157,383,200 - Hash Rate: 548449203.1116709 - Transaction Count: 365090.0 - Unique Addresses: 642155.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nov. 3 marked a special 20th anniversary in the history of ETFs—and arguably, one worth a pause in the financial world. On that day in 2003, Barclay’s Global Investors (now part ofBlackRock Inc.) launched theiShares Select Dividend ETF (DVY). It’s acknowledged as one of the firstdividendETFs, if not the first, and today boasts more than $19 billion in assets. But you’d never know that dividend ETF milestone given the breathless chatter about the shiny new object on the block: the spot bitcoin ETF. Investors have poured billions into the 10 new exchange-traded funds since they began trading Jan. 11, taking the focus for a while off the approximately $8 trillion invested in the thousands of U.S.-traded ETFs. If spot bitcoin ETFs turn heads like a supermodel, then dividend ETFs in 2024 might as well be the frump. For example, the spot bitcoin ETFs racked 10% of DVY’s total tallyin three days. Yet to dismiss these ETFs outright would be a shame, especially in the case of theProShares S&P 500 Dividend Aristocrats ETF (NOBL). "Aristocrats" in this case means companies that have increased dividend payments annually for at least 25 years. Behold: NOBL is up 16% over the last three years. How much more reliable does it get than that? As opposed to, say, bitcoin, which is a currency whose creator remains unknown, has no central bank to back it, or any tangible asset supporting its worth unless you count a lots and lots of faith. “In the ever-shifting world of investments, dividend ETFs have been a beacon of stability and income for many,” saidShawn Carpenter, Chairman and CEO of stock tracking app StockAlarm. “They're navigating through the calm and the storms of the market seas.” Yet all that glitters, even though it’s not gold, still has the power to entrance even the most savvy investor. And it remains to be seen whether spot bitcoin ETFs continue a story line as old as the first Bedouin swapping his prized camel for a sparkly-but-fake gem necklace. Fact: Too many investors get sucked in by the thing everyone’s talking about, even if the talk is cheap. Dividend ETFs hardly fit the mold of Uber’s horrible 2019 IPO, or the rash of special purpose acquisition companies, referred to as SPACs, whose offspring have imploded, including Lordstown Motors and Clover Health. Meanwhile, let’s not forget how tech stocks overshadowed the category, especially in post-pandemic times. “Tech stocks' substantial gains made traditional dividend investment yields appear low in comparison,” saidJune Jia, a quantitative researcher at GF Securities and owner of Canny Trading. “However, this situation is not everlasting,” Jia noted. “It's a consequence of the Federal Reserve's highly accommodative monetary policy. With an expected shift towards tighter policy, tech stock yields will likely diminish, bringing dividend investments back into the spotlight.” Arguably, they’ve deserved to be in the spotlight all along, or at least in a strong supporting role. For one investment—be it a spot crypto ETF or a stalwart fund with decades of history—does not a diversified portfolio make. “Many experts see value-oriented equities as extremely attractive as we head into 2024,” saidNick Elward Sr., SVP, Head of Institutional Product and ETFs at Natixis Investment Managers. “Some say these stocks are very cheap relative to growth equities after growth strongly outperformed in 2023. With this valuation gap, some investors are focused on both the capital appreciation and yield opportunity in dividend and options-income ETFs." None of this is to say that spot crypto ETFs won’t realize the promise many investors see, or want to see. That said, you won’t find everyone jumping on this bitcoin bandwagon, including the investment giant Vanguard. It has no plans to enter the fray—though it’s worth noting that the company’s place and success in the dividend ETF world are well established. The Vanguard Dividend Appreciation ETF (VIG)has close to $74 billion in assets and with an expense ratio of just 0.06%, it’s considered both the largest and one of the strongest players in the field. It’s up 10% year over year and dates to 2006—meaning its 20th anniversary is just two years away. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', 'By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', "For the quarter ended December 2023, Block (SQ) reported revenue of $5.77 billion, up 24.1% over the same period last year. EPS came in at $0.45, compared to $0.22 in the year-ago quarter.\nThe reported revenue compares to the Zacks Consensus Estimate of $5.69 billion, representing a surprise of +1.47%. The company delivered an EPS surprise of -22.41%, with the consensus EPS estimate being $0.58.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nAs these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.\nHere is how Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:\n• Gross Payment Volume (GPV): $57.49 billion versus $58.85 billion estimated by seven analysts on average.\n• Revenue- Subscription and services-based revenue: $1.62 billion versus the nine-analyst average estimate of $1.55 billion. The reported number represents a year-over-year change of +24.3%.\n• Revenue- Transaction-based revenue: $1.60 billion compared to the $1.61 billion average estimate based on nine analysts. The reported number represents a change of +8.2% year over year.\n• Revenue- Bitcoin revenue: $2.52 billion compared to the $2.48 billion average estimate based on nine analysts. The reported number represents a change of +37.5% year over year.\n• Revenue- Hardware revenue: $32.46 million versus $39.47 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -8.9% change.\n• Revenue- Corporate and Other- Total: $49.70 million versus $57.52 million estimated by six analysts on average.\n• Revenue- Square- Total: $1.81 billion versus $1.92 billion estimated by six analysts on average.\n• Revenue- Square- Hardware revenue: $32.46 million compared to the $40.18 million average estimate based on five analysts.\n• Revenue- Square- Subscription and services-based revenue: $293.16 million compared to the $387.33 million average estimate based on five analysts.\n• Revenue- Square- Transaction-based revenue: $1.49 billion versus $1.48 billion estimated by five analysts on average.\n• Revenue- Cash App- Bitcoin revenue: $2.52 billion compared to the $2.45 billion average estimate based on five analysts.\n• Revenue- Cash App- Transaction-based revenue: $108.99 million versus the five-analyst average estimate of $123.72 million.\nView all Key Company Metrics for Block here>>>Shares of Block have returned +3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nBlock, Inc. (SQ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", '(Bloomberg) -- Reddit Inc. filed for an initial public offering, revealing the social media platform’s shrinking losses and helping to propel a still-tenuous resurgence in US listings.\nMost Read from Bloomberg\n• A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists\n• BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini\n• Freddie Mercury’s London Residence Lists at £30 Million\n• Jacob Rothschild, Financier and Philanthropist, Dies at 87\nThe San Francisco-based company, in what is set to be one of the biggest listings of the year, filed Thursday with the US Securities and Exchange Commission to move ahead with an IPO, more than two years after first submitting its plan confidentially.\nReddit won’t disclose proposed terms for the IPO, including its valuation in a listing, until a later filing. The company has been advised to consider a valuation of at least $5 billion in an IPO and could begin marketing the shares as soon as March, Bloomberg News has reported.\nReddit, founded in 2005, averaged 73.1 million daily active unique visitors in the fourth quarter, according to the filing. It became an icon of the so-called meme-stock era after a forum on the site, WallStreetBets, jolted the stock market.\nThe company reported a net loss of $90.8 million on revenue of $804 million in 2023, compared with a net loss of $158.6 million on revenue of $666.7 million a year earlier.\nAmer Sports, Arm\nThe company is a high-profile addition to the year’s roster of newly and soon-to-be public companies. Thirty-four firms have raised more than $7.1 billion in IPOs on US exchanges since Jan. 1, according to data compiled by Bloomberg. The biggest of those listings was the $1.57 billion offering by Amer Sports Inc. in January.\nShares of those companies have gained more than 14% on a weighted average basis. That contrasts with semiconductor designer Arm Holdings Plc and three other companies that went public in September and October and fell below their IPO prices, putting a quick end to an anticipated rebound in listings after a two-year slowdown.\nArm, whose $5.23 billion offering was the biggest of the year, has since rocketed 152%. Excluding Arm, though, the 166 companies that raised about $21 billion last year have gained an average of only 13%, the data show.\nMarket Test\nReddit could be 2024’s first major test of the market for a technology startup backed by venture capital. The company, which has raised $1.38 billion, was valued at $10 billion after a 2021 financing round, according to data provider PitchBook. Its filing follows by one day that of another such startup, Astera Labs Inc.\nRead More: Reddit Leads Class of 2024 IPO Candidates Testing the Water\nIts listing will be watched closely by IPO candidates such as Microsoft Corp.-backed data security start up Rubrik Inc. and health-care payments company Waystar Technologies Inc.\nReddit co-founder and Chief Executive Officer Steven Huffman said in a signed letter included in the filing that the company has many opportunities to grow both the platform and the business.\nAdvertising & AI\n“Advertising is our first business, and advertisers of all sizes have discovered that Reddit is a great place to find high-intent customers that they aren’t able to reach elsewhere,” Huffman said. “Advertising on Reddit is rapidly evolving, and we are still in the early phases of growing this business.”\nReddit said it’s in the early stages of allowing third parties to license access to data on the platform, including to train artificial intelligence models. The company said that in January it entered into data licensing arrangements with an aggregate contract value of $203 million and terms ranging from two to three years. It expects a minimum of $66.4 million of revenue from those agreements this year, according to the filing.\nOn Thursday, Reddit separately announced a deal with Alphabet Inc.’s Google, allowing Google’s AI products to use Reddit data to improve their technology. Large language models often need vast troves of human-generated content to improve.\nThe company will set aside shares in the IPO to be bought by users and moderators who created accounts before Jan. 1, according to the filing. The amount of stock to be allotted in the directed share program will be disclosed later. Those shares won’t be subject to a lockup period, meaning the owners can sell them on the opening day of trading.\nThat program could be a way for Reddit to generate enthusiasm for the stock, said Greg Martin, co-founder of Rainmaker Securities. Based on the company’s revenue, Martin said he expects Reddit to have a hard time reaching the $4.8 billion valuation it’s traded at in the private secondaries market.\n“It’s clear that sophisticated investors won’t be excited about buying into the public debut, likely explaining why Reddit will be offering shares to their users, to have stock supporters and get fans to prevent a negative meme stock phenomenon,” Martin said.\nNewhouse Ownership\nReddit’s largest shareholder is Advance Magazine Publishers Inc., part of the Newhouse family publishing empire that owns Conde Nast, which bought Reddit in 2006 and spun it out in 2011. It holds 34% of the voting power before the offering, the filing shows.\nHuffman owns shares giving him 3.5% of the voting power. That includes Class B shares that will have 10 votes each compared with one each for the Class A shares to be sold in the IPO, the filing shows. Huffman also has a voting proxy agreement with Advance.\nOther large shareholders include Chief Operating Officer Jennifer Wong, as well as FMR LLC and entities affiliated with OpenAI Chief Executive Officer Sam Altman, Tencent Holdings Ltd., Vy Capital and Quiet Capital and Tacit Capital, according to the filing.\nHuffman’s fellow co-founder, venture capitalist Alexis Ohanian, isn’t listed among the investors with stakes of 5% or more and isn’t named elsewhere in the filing.\nRead More: OpenAI’s Altman Listed as Major Reddit Shareholder\nReddit has made investments in cryptocurrencies, though the digital assets held in treasury are limited to those recognized by the SEC as likely not being securities, the filing shows. It invested some of its excess cash reserves in Bitcoin and Ether, and acquired Ether and Matic as a form of sales payment for some virtual goods.\nThe offering is being led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Bank of America Corp. The company plans for its shares to trade on the New York Stock Exchange under the symbol RDDT.\n--With assistance from Priya Anand and Bailey Lipschultz.\n(Updates with Alexis Ohanian in third from last paragraph)\nMost Read from Bloomberg Businessweek\n• Elon Musk’s Vegas Tunnel Project Has Been Racking Up Safety Violations\n• Transcript: Did Musk Buy Twitter to Keep His Movements Secret?\n• The High Cost of Eating Out in America\n• Hong Kong’s Hottest New Store Is the Costco in Shenzhen\n• Why Elon Musk Bought Twitter in the First Place\n©2024 Bloomberg L.P.', '• Stocks closed at record highs Thursday as Nvidia\'s stellar earnings lifted the broader market.\n• Nvidia gained more than 16% in the session amid investors\' unbridled AI enthusiasm.\n• The S&P 500 closed at a record high of 5,087.03. The Nasdaq was up almost 3%.\nUS stocks soared on Thursday, led by a more than 15% spike in shares of Nvidia.\nThe huge rally helped lift the broader market, with the Dow Jones Industrial Average topping 39,000 for the first time, and the S&P 500 notching a fresh record of 5,087.05.The Nasdaq made its biggest one-day advance in a year, gaining nearly 3%.\nNvidia crushed its earnings report after hours on Wednesday, and the company shared upbeat guidance for the year ahead, reportingtotal revenue climbed 265%year-over-year in the fourth quarter.\nWall Street\'s enthusiasm for the chip makeris hard to overstate. Goldman Sachs called Nvidia the "most important stock in the world" and Wedbush\'s Dan Ives reiterated his moniker for chief executive Jensen Huang as the "godfather of AI."\nOverseas, Japan\'s stock market is also being lifted by the AI boom.The Nikkei index hit its first record in 34 years, as chip stocks help the country\'s equity investors shrug off broader economic malaise. Japan is a recession, with GDP data showing the economy shrank 0.4% last quarter.\nMarkets are operating against a backdrop of an uncertain policy outlook, and forecasters are awaiting the Federal Reserve\'s next move. Jerome Powell so far has proved capable of nearly landing the economy, but he and his fellow central bankers must now decide how to ease interest rateswithout allowing for a rebound in inflation or a recession.\n"The longer the Fed stays in the danger zone of higher-for-longer, the risks of a crash or hard landing go up," James McCann, deputy chief economist with Abrdn, told Business Insider in a Thursdayinterview. "They are so close to pulling off this soft landing, and there\'s an understanding that they can\'t leave policy too tight for too long."\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,087.03, up 2.11%\n• Dow Jones Industrial Average:39,069.11, up 1.18% (+456.87 points)\n• Nasdaq Composite:16,041.62, up 2.96%\nHere\'s what else is going on:\n• Jefferies saidIndia\'s stock marketwill soar to $10 trillion by 2030.\n• Nvidia just added anentire Netflixto its market value.\n• A strategist said a recession is coming andstocks could plunge 26%.\n• ECB said bitcoin\'s fair value is zero.\n• JPMorgan said the US is heading toward stagflation, which would bebad news for stocks.\nIn commodities, bonds, and crypto:\n• Oil prices climbed, withWest Texas Intermediateup 0.82% to $78.55 a barrel.Brent crude, the international benchmark, moved up 0.71% to $83.62 a barrel.\n• Goldedged lower 0.07% to $2,033.90 per ounce.\n• The10-year Treasury yieldwas about flat at 4.325%.\n• Bitcoinclimbed 1.25% to $51,638.\nRead the original article onBusiness Insider', 'Two European Central Bank (ECB) officials are doubling down on their criticism of Bitcoin despite the recent surge in price and the approval of spot Bitcoin ETFs in the US. Ulrich Bindseil and Jürgen Schaaf, writing in ablog post, dismiss the developments as mere noise and reiterate their long-held stance that Bitcoin\'s "fair value is still zero."\nTheir skepticism comes despite the success of the Bitcoin ETFs, which have attracted over $3 billion in net flows and fueled speculation about an Ethereum ETF. They argue that the enthusiasm is misplaced and that Bitcoin\'s current price and market capitalization simply reflect the "social damage" that will occur when the bubble bursts.\nThis isn\'t the first time Bindseil and Schaaf have voiced their concerns about Bitcoin. In November 2022, theydeclaredit on the "road to irrelevance," citing slow and expensive transactions, unsuitable investment characteristics, and environmental concerns related to mining. They further criticize Bitcoin for its alleged history of price manipulation and fraud. Bitcoin has gained almost 200% since their blog post was published.\nTheir latest blog post has sparked strong reactions on Crypto Twitter, with some users expressing disbelief and others engaging in heated debates.', 'Two European Central Bank (ECB) officials are doubling down on their criticism of Bitcoin despite the recent surge in price and the approval of spot Bitcoin ETFs in the US. Ulrich Bindseil and Jürgen Schaaf, writing in ablog post, dismiss the developments as mere noise and reiterate their long-held stance that Bitcoin\'s "fair value is still zero."\nTheir skepticism comes despite the success of the Bitcoin ETFs, which have attracted over $3 billion in net flows and fueled speculation about an Ethereum ETF. They argue that the enthusiasm is misplaced and that Bitcoin\'s current price and market capitalization simply reflect the "social damage" that will occur when the bubble bursts.\nThis isn\'t the first time Bindseil and Schaaf have voiced their concerns about Bitcoin. In November 2022, theydeclaredit on the "road to irrelevance," citing slow and expensive transactions, unsuitable investment characteristics, and environmental concerns related to mining. They further criticize Bitcoin for its alleged history of price manipulation and fraud. Bitcoin has gained almost 200% since their blog post was published.\nTheir latest blog post has sparked strong reactions on Crypto Twitter, with some users expressing disbelief and others engaging in heated debates.', "Block(NYSE: SQ)Q4 2023 Earnings CallFeb 22, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block fourth quarter 2023 earnings conference call. I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our fourth quarter 2023 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward-looking. These forward-looking statements include discussions of our outlook and guidance as well as our long-term targets and goals, and we may decide to shift our priorities or move away from these targets and goals at any time.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nThese statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered as an indication of future performance. Please take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ.\nAlso, note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further, a discussion during this call of Cash App's banking services refer to those offered through our bank partners. Within these remarks, we will also discuss metrics related to our investment framework, including rule of 40.\nWith rule of 40, we are evaluating the sum of our gross profit, profit growth, and adjusted operating income margins. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our Investor Relations website. These non-GAAP measures are not intended to be a substitute for our GAAP results.\nFinally, this call in its entirety is being audio webcast on our Investor Relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Chairman and Chief Executive Officer\nThank you all for joining us. Last quarter, I focused our shareholder letter on how we're going to grow Square through four priorities. This quarter, our letter is about Cash App's strategy and our goal to become one of the top providers of banking services to households in the U.S. If you haven't yet, please read that letter for details.\nAs we did last quarter, to maximize time for your questions, we're going to focus our opening remarks on Amrita providing more details on the financials. Over to Amrita.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. There are two broad topics I'd like to cover. First, where we've been, in particular, our performance for the full year and fourth quarter of 2023 where we saw strong growth and meaningful improvements in profitability, driving progress against our investment framework. Second, where we're headed, our expectations for 2024, our guidance for the first quarter, recent trends we've seen, and ways we'll look to drive improvements on rule of 40.\nLet's start with our strong growth and efficiency in 2023 as we continue to drive toward our rule of 40 target in 2026. We ended 2023 with $7.5 billion in gross profit for the year, up 25% year over year or 24% on a combined company basis. Our heightened focus on efficiency helped us improve profitability during the year. Adjusted EBITDA was $1.79 billion, up 81% year over year and 24% margin on gross profit, our highest ever.\nAdjusted operating income, which as a reminder, includes expenses related to stock-based compensation and depreciation, was $351 million, our highest yet, representing a 5% margin on gross profit and compared to a loss of $145 million a year ago. Cash flow generation also improved this year as adjusted free cash flow for 2023 was $515 million, up from negative $346 million a year ago. Taking the components together, we achieved rule of 29 in 2023 on a combined company basis, which was a few points higher than our guidance as of the third quarter. The other component of our investment framework is gross profit retention, which shows our ability to retain a customer over time and is an indication of whether our products, pricing, and support are valued by our customers.\nDuring 2023, Square and Cash App each achieved positive gross profit retention in aggregate across our annual cohorts. Where cohorts saw strength in software and banking offset softness in processing volumes during the year, Cash App benefited from growth in inflows per active, driven by financial services products and monetization from pricing changes. In the fourth quarter, gross profit was $2.03 billion, up 22% year over year. Adjusted EBITDA was $562 million and adjusted operating income was $185 million, both higher than our guidance, driven by continued discipline in discretionary spend.\nOn a GAAP basis, operating loss of $131 million was impacted by a goodwill impairment of $132 million, expenses of $70 million primarily related to our recent organizational restructuring, and lease impairment restructuring expenses of $34 million. Also, as a reminder, starting in the fourth quarter, we restructured our commerce efforts by moving our BNPL platform fully into Cash App. We are reflecting this change in our fourth quarter and 2023 gross profit results as well as prior periods. Let's get into the drivers for each of Square and Cash App in the fourth quarter.\nSquare generated $828 million in gross profit, up 18% year over year. Square GPV was up 10% year over year in the fourth quarter. While we experienced positive acquisition and stable churn of existing sellers compared to prior periods, GPV per seller continued to be affected by slower discretionary spend in the U.S. And consistent with what we shared last quarter, we've also seen a lower gross profit contribution from ramping cohorts of sellers.\nWithin our card-not-present volumes, we saw solid growth in online volumes, up 11% year over year. This was partially offset by a decline in manual keyed entry or MKE volumes, where a seller manually enters card information into a payment device either in person or over the phone. This has been an ongoing trend with MKE volume now representing just 13% of Square GPV in the fourth quarter of 2023 compared to more than 16% two years prior. We expect the headwind from MKE transactions to remain for some time, although its impact should moderate as we expect software-enabled payments to become an increasing driver of our business.\nWhile Square GPV growth has moderated, driven by GPV per seller and MKE declines, our banking products and vertical point-of-sale solutions delivered strong growth with gross profit from these products up 28% and 27% year over year, respectively. Cash App generated $1.18 billion in gross profit in the fourth quarter, an increase of 25% year over year. Looking at the components of the inflows framework, which as a reminder, does not include our BNPL platform, as of December, Cash App had 56 million monthly transacting actives, up 9% year over year. Inflows per transacting active averaged $1,137 in the fourth quarter, up 8% year over year, driven by increasing adoption of our financial services products over the past year.\nCash App Card continued to increase its scale and introduced customers to financial services within Cash App. Cash App Card reached 23 million monthly actives, representing more than 40% of our total active base in December and growing 20% compared to the prior year, more than twice as fast as overall monthly transacting actives. Monetization rate was 1.48%, up nine basis points year over year and five basis points quarter over quarter. Improvement from the third quarter was driven by a number of factors, including an increase in Bitcoin gross profit from pricing changes implemented during the quarter.\nTurning to our BNPL platform, which contributed $242 million of gross profit to Cash App in the fourth quarter. GMV from our BNPL platform was $8.6 billion in the fourth quarter, up 25% year over year, driven by strength across our pay-in-four offering as well as single-use payments, which allows customers in the U.S., U.K., and Australia to shop via the Afterpay merchants we don't have a direct relationship with and pay using BNPL. Losses on consumer receivables were 1% of GMV, consistent with historical ranges. As Jack included in his letter, integrating commerce payments tools is a key focus for us next year, and we see powering BNPL through Cash App Card as a significant opportunity.\nTurning to our guidance. We have committed to achieving our rule of 40 target in 2026. Our primary objective in 2024 is to deliver an improvement from the rule of 29 we achieved in 2023 on a combined company basis. To achieve this, we have put forward an initial guidance that we intend to exceed by at least one point of outperformance during the year, either on gross profit growth or adjusted operating income margin, or both.\nAs we did last year, we are working to identify growth opportunities and additional efficiencies that further progress us toward rule of 40. For the full year 2024, we are expecting at least $8.65 billion in gross profit or at least 15% growth year over year. By ecosystem, we expect Cash App to grow faster than Square but for growth to moderate from 2023 as we lap pricing changes and other initiatives that improved our cost structure. As we look to 2024 and beyond, we are focusing our efforts on driving engagement through product adoption and product velocity.\nWithin Square, we expect software and integrated payments and banking to be continued drivers of growth. We believe the work we put toward our new strategic priorities and the investment behind several go-to-market initiatives can improve seller acquisition over the next few years. On profitability, we are raising our full-year guidance and now expect adjusted operating income of at least $1.15 billion compared to our preliminary guide of $875 million and adjusted EBITDA of at least $2.63 billion versus $2.4 billion. This represents year-over-year margin expansion of approximately nine points on adjusted operating income and seven points on adjusted EBITDA.\nAs we continue to focus on managing costs, we expect to achieve leverage on share-based compensation expenses as a percentage of gross profit compared to 2023. This guidance on growth and profitability is based on the visibility we have into our business today with no significant changes to the macro environment. Lastly, our guidance for the first quarter of 2024. We expect to deliver between $2 billion to $2.02 billion in gross profit or 17% growth at the midpoint.\nFor Square, we expect gross profit and GPV to moderate slightly compared to the fourth quarter's 18% and 10%, respectively. So, far this year, weather has periodically impacted Square GPV in the U.S. and particularly in January, where we saw it drive a three- to four-point moderation in growth as certain regions experienced impacts to in-person volumes, particularly within food and drink and retail. For Cash App, we expect growth to be driven by active and inflows per active in the first quarter.\nWe expect the gross profit growth rate to moderate compared to the fourth quarter's 25% as we'll be lapping tougher comparisons. Looking at profitability, we plan to deliver both quarter-over-quarter and year-over-year growth with adjusted operating income of $225 million to $245 million and adjusted EBITDA of $570 million to $590 million. The respective midpoints represent margins of 12% and 29% and year-over-year growth of 361% and 57%, demonstrating our continued focus on driving profitable growth. With that, I'll now turn it back to the operator to start the Q&A portion of the call.\nOperator\nThank you. [Operator instructions] Your first question comes from the line of Tien-Tsin Huang from JPMorgan. Please go ahead.\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nThank you. So, you acted really quickly here on costs. I want to ask how quickly you can attack growth in '24. Really, product velocity is the question here.\nIn your letter, Jack, you talk about closing product gaps in Cash App and reclaiming leadership in engineering and design of Square. How quickly can you get there? And when might we see some measurable benefits to growth in '24? Thanks.\nJack Dorsey--Chairman and Chief Executive Officer\nYeah. Across the board, in every one of our business units, we've been going through an exercise in order to simplify how we work so we can move much faster. And that's inclusive of Square and Cash App and TIDAL and TBD. So, you should expect a much higher product velocity across the board.\nWith Square in particular, we've been doing a lot of platform work. This is our No. 1 priority to ensure that we can move much faster with some features and future gaps that have held us back from certain customers, namely with food and bev. We have, for example, pre-auth coming this year.\nAnd when these platform elements unlock, it'll just kind of unlock a whole bunch of speed across restaurants, retail, services. And I believe we'll be able to push really hard and see really good outcomes. On the Cash App, where we're going to benefit a lot from is the focus on the banking relationships. We've been focused a lot of our -- we've been pulling the thread, I should say, on banking relationships for quite some time.\nAnd we have proven out the model with the success of the Cash App Card. And it's really focused a lot of our efforts in order to, as I said in the shareholder letter, banker base. So, our strategy is to make sure that we are the best choice and the first choice for anyone looking who's making under $150,000 to see Cash App as their primary bank. And that has to do -- one of the biggest signals is that the majority of their direct deposit is going into Cash App.\nSo, we're going to move very fast because we have a much more focused road map and a road map against banking in particular. And as we said in the letter in a lot of detail, I think we'll see very positive outcomes from that focus, and it allows us to go to Parts 2 and 3 of that strategy, which is on families and also becoming a social bank. Cash App is inherently social. We have this incredible network effect through starting with peer-to-peer.\nAnd we have this opportunity to make it even more social and really look deeply at the local payments and local commerce in particular. And that's where the intersection with Square comes into play. We're going to start putting our Square customers first and foremost in the Cash App, and you really see the power of our combined ecosystems and the combined network.\nAmrita Ahuja--Chief Financial Officer\nAnd I'd just add, Tien-Tsin, just to tie this together with our 2024 outlook, our guidance philosophy is to guide based on our current run rate trends in our business, what we're seeing in the business quarter to date as of earnings, and the known expense and growth levers that we've incorporated into our plan entering the year. So, a lot of the refocused strategy and key growth initiatives that we're discussing are not included in our 2024 expectations, given how recent they are and that they're -- they provide us with opportunities to outperform relative to this initial guidance. Whether it's a product platform or go-to-market experimentation within the Square business or the Cash App's bank the base strategy, we're hard at work at each of those elements, and we expect those to deliver for us as we get into later into the year in 2025 and beyond but still early days.\nOperator\nYour next question comes from the line of Timothy Chiodo from UBS. Please go ahead.\nTimothy Chiodo--UBS -- Analyst\nGreat. Thank you for taking the question. I want to dig in a little bit to the Square distribution approach. You've talked about building out the vertical outbound sales teams and also potentially experimenting with local in-market sales teams, and also saw in the shareholder letter, you mentioned the revamped referral program.\nBut maybe you could expand upon how Square views the potential to partner with banks and ISOs, so adding bank partners for distribution, adding ISOs to get broader coverage across the nation, and the various considerations and how you sort of view the potential for that in the future. Thank you.\nJack Dorsey--Chairman and Chief Executive Officer\nYep. We're definitely open on this. We tried this in the past in our first few years as a company. As many of you know, JPMorgan Chase was one of our earliest investors, our Series B.\nAnd we had Square readers in every single branch in the United States. It wasn't that effective. I think that particular strategy just did not work because the expectation of the customer coming in, especially for business banking, for whatever reason was off. That's not to say that all these channels don't work.\nObviously, it does work for a few of our competitors. And we're certainly open to them and open to exploring them. I think the biggest thing that is really important for Square is certainly the -- our go-to-market approach, but our product itself is where I want to put a lot of our focus. One of the things that we're doing soon is we're -- right now, we have about four or five apps in the App Store.\nIt's pretty confusing to direct people to the App Store and when they get there really, it's a function of Apple's search results as to whether they find us or not, the app they need, especially if they're a restaurant or retail or a services organization. So, what we're going to do is we're going to go back to having one app. It's just going to be called Square. And we can easily say to anyone that you can go to Square, or you can download Square.\nYou have everything you need. The interface and navigation and features will dynamically shift based on the type of merchant you say you are and shift over time as you get more and more sophisticated with the software. And we can also obviously help folks with our sales team to guide them through. But I think generally, it would be a whole lot simpler.\nWe have massive success with self-serve. And as we do add referral engines and be more targeted with them, specifically within food and beverage and restaurants, having a much simpler way to get the app, to use it, and to get up and started, whether you're a micro merchant, just one person, sole proprietorship, or all the way up to multi-location, multi-country. So, that's the goal, and we'll realize all that this year. And I think that's really going to unlock a ton of growth and make anything that we do from a distribution standpoint, whether it be through ISOs or bank partnerships or what I think is more important through our targeted channels for restaurants and services and retail, it's going to make it that much better.\nAnd most importantly, we'll focus on retaining, which is a big aspect. The other thing that I think will help us retain, which is a core part of our strategy No. 4 is banking. We have nine products within the market.\nThey're only going to get stronger. It's the thing that truly differentiates us from our peers. And we not only have an ecosystem that serves our entire business, but we have the equivalent of a business banking account. Just like there's JPMorgan Chase branches that they're going to in the past, they can get a card, they can get a credit card, they can get a line of credit, they can get a loan as we've been doing for quite some time.\nAnd that it's integrated all into one stack with one app download is hugely unique and also hugely important to our sellers. So, I think it's going to be amazing.\nTimothy Chiodo--UBS -- Analyst\nThank you, Jack.\nOperator\nYour next question comes from the line of Darrin Peller from Wolfe Research. Please go ahead.\nDarrin Peller--Wolfe Research -- Analyst\nHey, guys, thank you. Just to hone in a little bit more on Direct Deposit. It obviously is moving to the forefront around Cash App for your strategy on it. And look, I mean, we obviously see a notable set of banking assets you've been able to package for your MAUs.\nBut if you could just expand on what you see actually driving adoption or accelerated adoption of Direct Deposit now, getting that 2 million to, say, 5 million or 10 million users versus, I know there's been some prior attempts to make that happen. And then, Jack, maybe just what time frame would you consider a success on this front in terms of an incremental maybe 5% or 10% of Cash App users taking on Direct Deposit?\nJack Dorsey--Chairman and Chief Executive Officer\nI think the biggest driver is going to be easy connected banking features that just work and that people can trust. We want to make sure that people see Cash App as reliable, as dependable, as something that they trust. They're only in their full direct deposit of their paycheck with. And trust is the one input but a big factor of that is the output.\nSo, what can I actually do with it? And the Cash App Card has been one of our most successful products within Cash App. It's extremely easy to get a card. It's extremely easy to personalize it, to use it, to change it, to give it to family members. So, there's a lot that's attractive there.\nThere are some gaps that we're missing that traditional banks offer that we do not. But really, the road map is filling those gaps and doing so in an intuitive, well-designed way that feels fresh and benefits from technology to give time back to the customer. And then as people see that and as people use it and they talk with their friends and their family about it, that's the growth. That's how Direct Deposit grows.\nAnd people, again, trust us more and more to put more of their paycheck in the Cash App because they know they can use it in very traditional ways that are reliable but also entirely new ways, and it all fits together perfectly and seamlessly. So, expectations, we want to move as fast as possible. The fact that we're no longer focusing on expanding globally for right now, that we're focusing on banking our base in the United States, it's going to allow us to move much faster. And I think we'll see how comes much faster than we have traditionally.\nAnd this is the base foundation for our other two priorities, which is moving more upmarket with families, which we've seen some early positive signs from, and then really going after -- being a social bank starting with peer-to-peer, but expanding beyond that and really getting in the neighborhoods and local communities and focusing a lot more on commerce. So, all these tools add up to a desire, we believe, to put more and more money with Cash App and use it there, and hopefully, more and more becomes 100%.\nAmrita Ahuja--Chief Financial Officer\nAnd Darrin, just to go a little bit deeper on some of the actual features that we think will be compelling for customers, we've got a bunch of features. We're rolling out more features to give customers an experience beyond what's available to the market today. So, today, we think our Direct Deposit offering is differentiated with no fees or minimums, early direct deposit availability, and the benefit of our active money being in the broader Cash App ecosystem where they can send, spend on Cash App Card, or Cash App Pay, Investit, etc. We're also focused on the new products and features that drive engagement.\nSo, for example, we recently launched free overdraft coverage up to a certain amount. We introduced yield on savings balances and allowed for automatic paycheck distributions. So, we're prioritizing launching products that customers expect from us before they start bringing in more of their money. Today, it's about 2 million paycheck deposit actives as of December, about 3% of our monthly actives, but this will be one of the key KPIs along with broader inflows per active that we're focused on driving forward as part of our bank-to-base strategy.\nDarrin Peller--Wolfe Research -- Analyst\nThat's great. Thanks, guys.\nOperator\nYour next question comes from the line of Mike Ng from Goldman Sachs. Please go ahead.\nMike Ng--Goldman Sachs -- Analyst\nHey, good afternoon. Thank you very much for the question. I think your 2024 outlook implies opex growth of about 4%. Would you just discuss your confidence in being able to achieve that at least 15% gross profit growth against the backdrop of this tight cost management? And then what signals are you looking for in the signing, whether to invest in opex more aggressively again? Thank you.\nAmrita Ahuja--Chief Financial Officer\nI can start maybe with a reminder of kind of the key areas of operating expense leverage that we've been pursuing and which we believe still continue to have opportunity against. And that those constraints are clarifying for us actually in supporting further scoping prioritization and operational excellence in how our teams operate. But the key categories being, one, personnel. Obviously, you heard from us last quarter our constraint around people, which at the 12,000-person cap, which we're currently operating under and expect to for some time.\nThat unlocks a tremendous amount of leverage for us both from a non-GAAP operating expense perspective as well as leverage from an SBC perspective, and you see that reflected in our expectations for 2024. And that constraint, again, is what leads to stronger prioritization and focus in the areas that will impact our customers the most and ultimately lead to profitable growth. The other key focus area for us is around corporate overhead expenses, where we've already seen opportunity to get more efficient, whether it's things like third-party spend vendors, real estate, T&E, data and cloud fees, professional fees, etc. We have an opportunity to continue to refine how we operate to make sure that we are operating with the greatest amount of discipline, constraint, and efficiency.\nAnd then as we look longer term, of course, there are new technologies like AI that we can be leveraging in-house not only in terms of the product that we're serving our customers but that deliver efficiency to our teams internally, whether it's customer service or sales or engineering and design. And then, of course, structural costs, which we've already made some headway on with some partner renegotiations last year, but we'll continue to pursue in terms of unit economic improvement across our base of products. So, there are a number of different areas for us that we've already been digging deep into, and for us to continue to do that, that actually support our opportunity to continue to grow our platforms and grow our overall gross profit.\nMike Ng--Goldman Sachs -- Analyst\nGreat. Thank you.\nJack Dorsey--Chairman and Chief Executive Officer\nSorry, the two things I would add to that is it's just to emphasize what Amrita said about AI. I mean, you all have been hearing AI constantly in all these calls in terms of efficiency, but it's going to be extremely impactful for us as we look at everything that we're doing and all the tools that we're building and how much more productive it makes all of our engineers, and Last 60 Days of Bitcoin's Closing Prices: [43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-23 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,002,571,397,250 - Hash Rate: 645951283.6648567 - Transaction Count: 409204.0 - Unique Addresses: 679759.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday. Gensler called the approvals "the most sustainable path forward" in a statement issued just after the agency issued the decisions eagerly awaited by the crypto industry and investors. For full coverage of bitcoin ETFs, clickhere. "We did not approve or endorse bitcoin," Gensler said. "Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto." In fact, he said that bitcoin "is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion and terrorist financing." And Gensler sought to make it clear that these ETF sign-offs don't pave the way for any further action from the U.S. securities regulator. "It should in no way signal the commission’s willingness to approve listing standards for crypto asset securities," he said. "Nor does the approval signal anything about the commission’s views as to the status of other crypto assets under the federal securities laws or about the current state of non-compliance of certain crypto asset market participants with the federal securities laws." Bitcoin is the only digital asset that Gensler routinely acknowledges is not a security, maintaining that the vast majority of other tokens fit the legal definition of securities that are rightfully under the SEC's jurisdiction. Another of the five SEC commissioners, Caroline Crenshaw, dissented from the approvals. "They put us on a wayward path that could further sacrifice investor protection," she saidin a statement. "I cannot agree that these actions serve either our statutory or foundational investor protection mandates." Commissioner Hester Peirce, a steady supporter of the crypto industry over the years,praised the decisionsas "the end of an unnecessary, but consequential, saga." She said that "the only material change since we last denied a similar application was a judicial rebuke," referring to the SEC's loss against Grayscale in the U.S. Court of Appeals for the District of Columbia.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "2,809.13", "AUM ($, mm)": "491,911.32", "AUM % Change": "0.57%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,829.94", "AUM ($, mm)": "244,722.88", "AUM % Change": "0.75%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,760.30", "AUM ($, mm)": "61,907.02", "AUM % Change": "2.84%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "501.54", "AUM ($, mm)": "23,450.78", "AUM % Change": "2.14%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "404.77", "AUM ($, mm)": "8,594.09", "AUM % Change": "4.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "353.46", "AUM ($, mm)": "17,327.19", "AUM % Change": "2.04%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "342.24", "AUM ($, mm)": "6,993.08", "AUM % Change": "4.89%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "324.21", "AUM ($, mm)": "14,961.05", "AUM % Change": "2.17%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "298.71", "AUM ($, mm)": "61,715.24", "AUM % Change": "0.48%"}, {"Ticker": "VCLT", "Name": "Vanguard Long-Term Corporate Bond ETF", "Net Flows ($, mm)": "260.41", "AUM ($, mm)": "6,407.08", "AUM % Change": "4.06%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-429.82", "AUM ($, mm)": "31,839.18", "AUM % Change": "-1.35%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-226.02", "AUM ($, mm)": "9,462.36", "AUM % Change": "-2.39%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-199.33", "AUM ($, mm)": "22,760.92", "AUM % Change": "-0.88%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-196.51", "AUM ($, mm)": "19,856.91", "AUM % Change": "-0.99%"}, {"Ticker": "IEF", "Name": "iShares 7-10 Year Treasury Bond ETF", "Net Flows ($, mm)": "-177.76", "AUM ($, mm)": "27,570.84", "AUM % Change": "-0.64%"}, {"Ticker": "NZAC", "Name": "SPDR MSCI ACWI Climate Paris Aligned ETF", "Net Flows ($, mm)": "-158.89", "AUM ($, mm)": "107.01", "AUM % Change": "-148.48%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-137.31", "AUM ($, mm)": "11,601.74", "AUM % Change": "-1.18%"}, {"Ticker": "VSS", "Name": "Vanguard FTSE All-World ex-US Small-Cap ETF", "Net Flows ($, mm)": "-135.16", "AUM ($, mm)": "8,335.33", "AUM % Change": "-1.62%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-131.40", "AUM ($, mm)": "53,929.08", "AUM % Change": "-0.24%"}, {"Ticker": "SOXS", "Name": "Direxion Daily Semiconductor Bear 3X Shares", "Net Flows ($, mm)": "-126.37", "AUM ($, mm)": "815.71", "AUM % Change": "-15.49%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-4.39", "AUM ($, mm)": "6,934.30", "% of AUM": "-0.06%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-1.57", "AUM ($, mm)": "17,096.90", "% of AUM": "-0.01%"}, {"": "Commodities", "Net Flows ($, mm)": "-227.00", "AUM ($, mm)": "123,466.46", "% of AUM": "-0.18%"}, {"": "Currency", "Net Flows ($, mm)": "-33.06", "AUM ($, mm)": "41,055.61", "% of AUM": "-0.08%"}, {"": "International Equity", "Net Flows ($, mm)": "719.29", "AUM ($, mm)": "1,395,519.12", "% of AUM": "0.05%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "28.43", "AUM ($, mm)": "173,960.18", "% of AUM": "0.02%"}, {"": "Inverse", "Net Flows ($, mm)": "-507.11", "AUM ($, mm)": "14,011.39", "% of AUM": "-3.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "985.98", "AUM ($, mm)": "86,997.01", "% of AUM": "1.13%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,629.36", "AUM ($, mm)": "5,164,598.51", "% of AUM": "0.15%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "650.60", "AUM ($, mm)": "1,356,827.28", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "9,240.53", "AUM ($, mm)": "8,380,466.75", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', "\nLawsuit called data demand 'contrived'\n\nU.S. seeking data to assess grid reliability risks\n(Adds plaintiff comment in paragraph 9)\nBy Clark Mindock and Laila Kearney\nFeb 23 (Reuters) - The U.S. Department of Energy (DOE) on Friday agreed to temporarily suspend its emergency survey of energy use by cryptocurrency miners following a lawsuit by bitcoin miner Riot Platforms and an industry group.\nThe DOE's statistical arm, the U.S. Energy Information Administration (EIA), will halt its mandatory survey for a month and sequester the data it had already received after it began collecting information from bitcoin miners on Feb. 5, the agency said in a Friday notice to a Texas federal court.\nRiot Platforms and the Texas Blockchain Council had sued the Biden administration in that court on Thursday seeking to block the survey, which they said could harm businesses by forcing them to divulge confidential and sensitive information.\nThe EIA had said the information is needed to assess concerns that cryptocurrency miners' increased use of electricity, spurred by high bitcoin prices, could pose an imminent threat to energy grid reliability.\nThe plaintiffs claimed in their lawsuit that bitcoin mines, which use large amounts of electricity for computing and cooling data processing centers, can actually improve reliability since they can be quickly shut down to offset spikes in energy demand during severe weather that can cause blackouts.\nThey said the emergency demand from EIA was based on “speculation and conjecture” that bitcoin mining is likely to present a threat to the power grid, and failed to follow proper public notice and comment requirements under federal paperwork reduction and administrative laws. They asked the court for a permanent injunction prohibiting EIA from requesting the data without first complying with the law.\n“This is a case about sloppy government process, contrived and self-inflicted urgency and invasive government data collection,” the plaintiffs said.\nTexas is a hub for bitcoin mining activity, according to the lawsuit. Texas Bitcoin Council has 25 members with mines in the state including Riot Platforms.\nA spokesperson for the plaintiffs said they are encouraged by the government's Friday announcement, but that it falls short of the relief they are seeking.\nDigital cryptocurrency miners have come under scrutiny in recent years due to their potential impact on power grids, greenhouse gas emissions and energy-intensive operations, which have been estimated to use more electricity than the entire country of Norway.\nThe EIA compiles data on U.S. energy output and use across the economy, and said in January that its survey would focus on where mining growth is concentrated, the electricity sources they use and how power demand for cryptocurrency mining is changing in order to develop rigorous estimates of the industry's power usage for policymakers and others. (Reporting by Clark Mindock and Laila Kearny in New York; Editing by Alexia Garamfalvi, Daniel Wallis and Sonali Paul)", '• US stocks traded mixed as tech stocks took a breather after a brief S&P 500 surge past 5,100.\n• Major indexes ended the week high, propelled by AI-driven euphoria.\n• Investors next week will get fresh data on the health of the US economy.\nUS stocks closed mixed on Friday after the S&P 500 benchmark index briefly crossed 5,100 for the first time.\nThe stock rally was more muted Friday after the sugar-rush that propelled stocks into record territory after Nvidia\'s boom-time earnings release on Thursday. Still, the Dow Jones Industrial Average notched a new all-time closing highs, while the S&P 500 briefly crossed 5,100 for the first time ever.\n"Yesterday\'s market rally, just in terms of price action, did much to assuage fears that the AI theme was a passing phase," Quincy Krosby from LPL Financial said in a note on Friday.\nThat AI-driven euphoria has been able to lift markets without imminent rate cuts in sight, which was a key theme for stocks in the past few months.\n"Next week\'s roster of data, including the durable goods and personal income/personal spending report will be important for assessing the strength of the broader economy," Krosby noted.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,088.80, up 0.03%\n• Dow Jones Industrial Average:39,131.53, up 0.16% (+62.42 points)\n• Nasdaq Composite:15,996.82, down 0.28%\nHere\'s what else is going on:\n• Russia\'s economy is so driven by the warin Ukraine that it cannot afford to either win or lose, one economist says.\n• The more Americans that take Ozempic, thefaster the US economy will grow, Goldman Sachs says.\n• These are thetop 10 holdingsof Bill Gates\' $42 billion stock portfolio.\n• Short-seller Jim Chanoswarns Nvidia\'s epic growth is cannibalizing Big Tech— as the chip titan\'s value surges by $1 trillion in 4 months.\n• Americans\'"love affair" with the stock marketis stronger than ever\n• "Magnificent 7" tech stocks aredangerously dominant— and recession\'s still a real risk, top economist warns.\nIn commodities, bonds, and crypto:\n• Oil prices fell, withWest Texas Intermediatedown 2.6% to $76.54 a barrel.Brent crude, the international benchmark, dipped 2.4% to $81.66 a barrel.\n• Goldrose 0.8% to $2,046.90 per ounce.\n• The10-year Treasury yieldslipped 7 basis points to 4.252%.\n• Bitcoinedged lower by 1.69% to $51,056.\nRead the original article onBusiness Insider', "Now that the initial euphoria around the new spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst forBitcoin: the halving event in April. According to a growing number of analysts, this could really send its price soaring.\nIn fact, according to Bitcoin ETF issuerGrayscale(NYSEMKT: GBTC), the impact of this halving could exceed any of the three previous Bitcoin halvings. But is that really the case? There are three key reasons this event might end up disappointing crypto investors.\nAs we've seen with thespot Bitcoin ETFs, the market is getting a lot smarter about pricing in the impact of each new Bitcoin event. If you subscribe to the efficient markets hypothesis, which says that the market efficiently prices in new information about any asset, then this is exactly what you would expect.\nIn the case of the Bitcoin ETFs, the market had a good grip on when they should come along, as well as which firms were likely to win approval from the Securities and Exchange Commission (SEC). So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan. 10.\nThe market had already priced in the effect of this move. In the six months from June 2023 to January 2024, the price of Bitcoin soared in anticipation. Thus, when the news finally came, Bitcoins prices actually headed lower -- not higher, as many people had thought. As it turned out, the preliminary gains were a bit too optimistic in the short term.\nSo, could the same thing happen again, this time with the halving? At the end of last year, some analysts were already starting to predict that some of the halving impact had already been priced in. This makes sense, given how much attention Bitcoin now has from Wall Street and big institutional investors.\nThe halving is no longer a surprise event for them, as it might have been back in 2012, 2016, or even 2020. It's a highly predictable thing with several cycles of historical precedent. And the crypto market is no longer as inefficient as it was just a few years ago.\nWithin the Grayscale report on the Bitcoin halving, one of the most interesting sections was an analysis of the overall macroeconomic situation during the time of each halving.\nThe halving events of 2012, 2016, and 2020 lined up with important macroeconomic events that might have had much more to do with the price of Bitcoin soaring than the halving itself.\nTake the May 2020 halving, for example. The market was coping with the shock of the pandemic, and a new wave of government stimulus money helped to prop up investment markets. Some people took their stimulus checks and put them all into crypto. So when Bitcoin eventually surged to an all-time high in November 2021, was it due to the halving, or to the broader macroeconomic situation?\nAll of which is to say that investors might be falling into the correlation/causation trap. They see three distinct periods when Bitcoin rallied, and the natural assumption is that there must be some sort of causation going on. Maybe there's not.\nLastly, just because Bitcoin has rallied three times after three halving events does not mean that it is going to happen again, just like clockwork. It's like flipping a coin three times, getting heads each time, and assuming that there is a greater than 50% chance of it being heads on the fourth flip.\nAnd remember: Bitcoin is scheduled to undergo halving cycles every four years from now until 2140. Does anyone really think that Bitcoin will hit a new all-time high in each of the next 30 or so halving cycles? At some point, the effect will likely vanish.\nGranted, Grayscale makes several noteworthy points in its report on the Bitcoin halving. For example, it says that the new spot Bitcoin ETFs are a factor that has never existed in previous halving cycles. This matters because the demand for Bitcoin from these ETFs should soak up any selling pressure that might occur from Bitcoin miners as a result of the halving.\nEven if you think that the halving will have a significant impact on the price of Bitcoin, just remember that the price gains after a halving usually take 12 to 18 months. Consider the past halving: It took place in May 2020, but Bitcoin didn't reach its all-time high of $69,000 until November 2021 -- a full 18 months later. As a result, don't expect a sudden jump in the price of Bitcoin from its current level of around $50,000.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Create Overnight Millionaires?was originally published by The Motley Fool", "Now that the initial euphoria around the new spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst forBitcoin: the halving event in April. According to a growing number of analysts, this could really send its price soaring.\nIn fact, according to Bitcoin ETF issuerGrayscale(NYSEMKT: GBTC), the impact of this halving could exceed any of the three previous Bitcoin halvings. But is that really the case? There are three key reasons this event might end up disappointing crypto investors.\nAs we've seen with thespot Bitcoin ETFs, the market is getting a lot smarter about pricing in the impact of each new Bitcoin event. If you subscribe to the efficient markets hypothesis, which says that the market efficiently prices in new information about any asset, then this is exactly what you would expect.\nIn the case of the Bitcoin ETFs, the market had a good grip on when they should come along, as well as which firms were likely to win approval from the Securities and Exchange Commission (SEC). So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan. 10.\nThe market had already priced in the effect of this move. In the six months from June 2023 to January 2024, the price of Bitcoin soared in anticipation. Thus, when the news finally came, Bitcoins prices actually headed lower -- not higher, as many people had thought. As it turned out, the preliminary gains were a bit too optimistic in the short term.\nSo, could the same thing happen again, this time with the halving? At the end of last year, some analysts were already starting to predict that some of the halving impact had already been priced in. This makes sense, given how much attention Bitcoin now has from Wall Street and big institutional investors.\nThe halving is no longer a surprise event for them, as it might have been back in 2012, 2016, or even 2020. It's a highly predictable thing with several cycles of historical precedent. And the crypto market is no longer as inefficient as it was just a few years ago.\nWithin the Grayscale report on the Bitcoin halving, one of the most interesting sections was an analysis of the overall macroeconomic situation during the time of each halving.\nThe halving events of 2012, 2016, and 2020 lined up with important macroeconomic events that might have had much more to do with the price of Bitcoin soaring than the halving itself.\nTake the May 2020 halving, for example. The market was coping with the shock of the pandemic, and a new wave of government stimulus money helped to prop up investment markets. Some people took their stimulus checks and put them all into crypto. So when Bitcoin eventually surged to an all-time high in November 2021, was it due to the halving, or to the broader macroeconomic situation?\nAll of which is to say that investors might be falling into the correlation/causation trap. They see three distinct periods when Bitcoin rallied, and the natural assumption is that there must be some sort of causation going on. Maybe there's not.\nLastly, just because Bitcoin has rallied three times after three halving events does not mean that it is going to happen again, just like clockwork. It's like flipping a coin three times, getting heads each time, and assuming that there is a greater than 50% chance of it being heads on the fourth flip.\nAnd remember: Bitcoin is scheduled to undergo halving cycles every four years from now until 2140. Does anyone really think that Bitcoin will hit a new all-time high in each of the next 30 or so halving cycles? At some point, the effect will likely vanish.\nGranted, Grayscale makes several noteworthy points in its report on the Bitcoin halving. For example, it says that the new spot Bitcoin ETFs are a factor that has never existed in previous halving cycles. This matters because the demand for Bitcoin from these ETFs should soak up any selling pressure that might occur from Bitcoin miners as a result of the halving.\nEven if you think that the halving will have a significant impact on the price of Bitcoin, just remember that the price gains after a halving usually take 12 to 18 months. Consider the past halving: It took place in May 2020, but Bitcoin didn't reach its all-time high of $69,000 until November 2021 -- a full 18 months later. As a result, don't expect a sudden jump in the price of Bitcoin from its current level of around $50,000.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Create Overnight Millionaires?was originally published by The Motley Fool", "The crypto ecosystem has gone through several dramatic changes in the past few years. In 2020 and 2021, the industry was driven by hype and speculation only to crash in 2022 and early 2023. There was no better example of this hype cycle thanSolana(CRYPTO: SOL).\nIt peaked at more than $250 per token and dropped below $10 per coin after the collapse of FTX. But this continues to be one of the lowest-cost and highest-throughput blockchains in the crypto ecosystem, and if you think the innovation and disruption of crypto is from utility and not just speculation, this is still a cryptocurrency to hold long term.\nThe health of a blockchain can be seen in the activity of developers and users. This can be judged by developer activity. Solana reports 2,500 to 3,000 developers consistently, short of onlyEthereum(CRYPTO: ETH)at about 6,000 developers.\nOn the user side, transactions per second is a great gauge of how much activity there is on a blockchain. Solana averages between 3,000 and 4,000 transactions per second compared to a blockchain like Ethereum at around 13 transactions per second.\nThese two factors together will give you an idea of the health of the blockchain itself. If developers are building it and users are using it, the blockchain has a likely chance of growing in the future.\nWe have seen billions of dollars flow into the crypto industry over the past month after the approval of spotBitcoinexchange-traded funds (ETFs) by the Securities and Exchange Commission. This led to speculation that Ethereum will be the next to get an ETF and more cryptocurrencies may follow.\nSolana could get an ETF if Ethereum is approved. It has similar characteristics and smart contracts to Ethereum and has strong institutional and consumer interest.\nBut I don't think it's likely Solana will hold a place like Bitcoin in the crypto ecosystem. Bitcoin is more like digital gold that investors simply want to hold long term, whereas Solana is more of a utility coin for the blockchain. But there could be buyers for both kinds of assets.\nThe one downside of Solana is the coin itself is not as important to the ecosystem as it is to something like the Ethereum blockchain. Yes, there's a proof-of-stake element to Solana, but a lot of transactions simply happened withUSDCstablecoin as the medium of exchange.\nThe future of Solana may be driven by a USDC-denominated token or some other fiat-backed token, and not the Solano cryptocurrency that we see today. This may mean less upside with the cryptocurrency itself, despite being the native coin to the blockchain.\nGiven all of these factors, I think the biggest reason to be bullish on Solana long term is the fact that this is where innovation development and transactions are taking place on the blockchain today. There's more activity and innovation on Solana than almost any other blockchain. And activity and USDC we are using the Solana blockchain for normal financial transactions without even knowing it in the future. That will be a truly disruptive future, and is a great reason to buy Solana.\nIs it too late? I don't think it is.\nShould you invest $1,000 in Solana right now?\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nTravis Hoiumhas positions in Ethereum and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nIs It Too Late to Buy Solana?was originally published by The Motley Fool", 'Cathie Woodand her team at Ark Invest focus exclusively on disruptive technology. And one of the biggest disruptors of the past 15 years isBitcoin(CRYPTO: BTC)and the idea of ablockchain.\nBitcoin opened the door for developers to create numerous cryptocurrencies with varying degrees of utility. However, Wood and her team believe there\'s still a lot to like about the original cryptocurrency. They see several catalysts that could drive the price of Bitcoin higher.\nThe biggest factor that could push Bitcoin\'s price higher in 2024 is adoption by institutional investors. Ark believes that if the $250 trillion in global investable assets allocated an optimal amount to Bitcoin, it would send the price of the cryptocurrency to $2.3 million. That\'s a 4,500% increase from the price today, around $52,000.\nBitcoin has proven to be a good diversifying asset for investors over the past few years. It exhibits moderate price correlation with equities and even less correlation with other asset classes. In other words, the price of Bitcoin isn\'t tied closely with price fluctuations in other assets like stocks or bonds. As such, Ark Invest argues, it belongs in investment portfolios to maximize risk-adjusted returns.\nArk\'s analysts found the optimal exposure to Bitcoin in 2023 to maximize risk-adjusted returns would have been 19.4% of a portfolio. If that percentage of all the investable assets in the world flowed into Bitcoin, the cryptocurrency would have a market cap of around $48.5 trillion. Its current market cap hovers around $1 trillion. Factor in the slowing increase in Bitcoin supply from continuing mining, and you get a price of $2.3 million.\nIt\'s important to note Ark\'s optimal portfolio allocations may be a bit skewed, as they\'re backward-looking. While looking to the past for an idea of historical norms can be valuable, investors should also consider whether the past is a good representation of the future based on the current state of financial markets and other macroeconomic factors. After climbing 150% in 2023, Bitcoin might not offer the same risk/reward profile it did at the start of last year.\nArk offers some more reasonable global asset allocations for Bitcoin. The average optimal allocation for Bitcoin at the start of each year since 2013 is 4.8%. If investment managers target that number, Bitcoin\'s price should rise to about $550,000. If investors allocate just 1% of their portfolios to Bitcoin, Ark sees the price climbing to $120,000, which is still more than double today\'s price.\nImportantly, it\'s now easier than ever for institutional investors to add exposure to Bitcoin. The launch of spot Bitcoin exchange-traded funds (ETF) in January, including Ark\'s ownArk 21Shares Bitcoin ETF(NYSEMKT: ARKB), provides an easy way to manage Bitcoin in a portfolio. It could also open the door for investors to add exposure in retirement accounts like IRAs and 401(k)s.\nThat could be just one of several major catalysts for driving demand for the limited supply of the cryptocurrency.\nOn top of the increased ease of adding Bitcoin to a portfolio through spot ETFs, Ark sees a couple more reasons we may be at the start of another bull market for Bitcoin.\nFirst, a technical indicator Ark created called the on-chain market mean shows Bitcoin\'s price climbing above the indicator\'s threshold level late last year. Historically, breaking above the on-chain market mean has signaled the early stages of a bull market.\nAnother catalyst is the halving later this year. The block reward paid to miners for successfully confirming a block will go from 6.25 Bitcoin to 3.125 Bitcoin, probably in April. That will slow the rate of growth in Bitcoin\'s supply. The last halving in May of 2020 coincided with a bull market.\nArk Invest stresses the importance of maintaining a long-term outlook for Bitcoin investors. "Instead of \'when,\' the better question is \'for how long?\'" they write. They point out that holding Bitcoin for at least five years has resulted in profits for any investor throughout history. That said, Bitcoin is still trading below the highs it set in 2021.\nWhile Ark\'s $2.3 million price target may be very aggressive, it\'s not unreasonable to expect Bitcoin to climb higher from here. Given the catalysts of the spot Bitcoin ETFs driving demand among a wider group of investors and the slower rate of supply growth from the upcoming halving, there could still be room for the current bull market to run.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nAdam Levyhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 4,500%, According to Cathie Wood\'s Ark Investwas originally published by The Motley Fool', 'Warren Buffett, in his firstannual letterto shareholders since Charlie Munger’s death, credited his longtime partner for “being the architect” ofBerkshire Hathaway.\nMunger, who passed away in late November, became vice chairman at the conglomerate in 1978. But well before then, he was providing crucial advice about running the company.\nBuffett wrote that in 1965, Munger told him to “forget about ever buying another company like Berkshire,” but now that he had control of it, to “add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices.”\nBuffett followed his instructions.\nAfter Munger joined Berkshire, he repeatedly “jerked me back to sanity when my old habits surfaced,” Buffett wrote. “Until his death, he continued in this role and together we, along with those who early on invested with us, ended up far better off than Charlie and I had ever dreamed possible.”\nAside from advising Buffett, Munger also made key decisions that turbo-charged Berkshire’s success. His best call, hesaid a year ago, was an investment in the Chinese automakerBYD, which recently overtookTeslain global sales of electric vehicles.\nAfter backing BYD at Munger’s urging, Berkshire watched the value of its 2008 investment in the carmaker surge from $230 million to $9.5 billion 14 years later.\n“I have never helped do anything at Berkshire that was as good as BYD,” Mungersaidduring the annual meeting at the Daily Journal Corp., where he served as a director.\nMunger was also known for his colorful language and candid remarks. He called Bitcoin “rat poison” and likened other cryptocurrencies to a type of “venereal disease.” Last year, he wrote in theWall Street Journalthat the federal governmentshould banthe entire industry, describing a cryptocurrency as “a gambling contract with a nearly 100% edge for the house.”\nBuffett suggested that Munger’s role at Berkshire was far more important than most outsiders realized.\n“In reality, Charlie was the ‘architect of the present Berkshire, and I acted as the ‘general contractor’ to carry out the day-by-day construction of his vision,” Buffet wrote.\nHe added, “Charlie never sought to take credit for his role as creator but instead let me take the bows and receive the accolades. In a way his relationship with me was part older brother, part loving father. Even when he knew he was right, he gave me the reins, and when I blundered he never—never—reminded me of my mistake.”\nLater in the letter, Buffett bemoaned the dearth of worthwhile acquisition targets,noting thatthe mere “handful” of U.S. firms capable of moving the needle for Berkshire “have been endlessly picked over by us and by others.”\nIn the meantime, however, Berkshire’s cash hoard grew to a record $167.6 billion in the fourth quarter.\nThis story was originally featured onFortune.com', 'LONDON, February 24, 2024--(BUSINESS WIRE)--OrdinalsBot, a premier technology infrastructure company which provides API solutions for Bitcoin Ordinals and BRC-20s, has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream, a new service launched byMarathon Digital Holdings(NASDAQ: MARA). This Bitcoin block represents a historical moment for the industry, being the first full supply of a BRC-20 token to be minted in a single transaction.\nThis historic block is the first full supply of a BRC-20 token minted in a single transaction, showcasing the potential for a more dynamic Bitcoin blockchain. The block also includes a large file and a collection, not possible to achieve with standard transactions.\nOrdinalsBot’s work with Marathon Digital Holdings also represents an important moment for the Bitcoin ecosystem, as both companies combine their expertise to develop innovative solutions that further enrich the ecosystem. The collaboration is anticipated to further accelerate OrdinalsBot’s growth trajectory.\nToby Lewis, cofounder of OrdinalsBot, said, "It has been excellent working with the Marathon Digital Holdings team, and we believe we are on the verge of creating unprecedented value for the entire Bitcoin ecosystem."\nJullian Duran, product lead at Marathon Digital Holdings, said, "OrdinalsBot are leaders in the space who are working to innovate Bitcoin transacting. We appreciate their support of Slipstream, and we look forward to future collaborations."\nThe BRC-20 token mined in this particular block is a new utility token for the OrdinalsBot platform. Trio will be launched to help drive growth of the platform and adoption of their technology across the sector. Trio, one of the first BRC-20 utility tokens, is engineered to augment the capabilities of the OrdinalsBot tool for users in the Bitcoin ecosystem, fostering new opportunities for developers and users alike.\nBrian Laughlan, Co-Founder of OrdinalsBot, commented, "BRC-20 introduced a new paradigm for fungible tokens with its fair mint mechanism, where people can only mint a specified max amount per transaction. The downside of this is that it makes it almost impossible for a project to take full control of their token supply. Via Slipstream, anyone can mint the full supply in one transaction."\nOrdinalsBot has achieved notable growth, securing $1.5 million in pre-seed funding last year. Investors and advisors include Kestrel0x1, Sora Ventures, UTXO Management, Sebastien Borget (co-founder of Sandbox), Domo (inventor of the BRC-20 protocol), and others. The company’s commitment to providing state-of-the-art inscription services and developer tools has been recognized by clients and industry experts.\nLooking forward, OrdinalsBot is preparing to launch several projects that promise to significantly contribute to the company’s expansion and enhance customer value.\n"Our commitment to innovation in the Bitcoin Ordinals space remains unwavering," Brian Laughlan added. "Projects we have in the pipeline are set to solidify our position as a premier infrastructure provider, enabling developers and transforming data inscription on the blockchain."\nFor press enquiries, please contact:[email protected].\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240221359459/en/\nContacts\nJournalists:For further information regarding the partnership between OrdinalsBot and Marathon Digital Holdings, please contact:Brian LaughlanCo-Founder, [email protected] LewisCo-Founder, [email protected] Digital Holdings Media Contact:[email protected]', 'LONDON, February 24, 2024--(BUSINESS WIRE)--OrdinalsBot, a premier technology infrastructure company which provides API solutions for Bitcoin Ordinals and BRC-20s, has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream, a new service launched byMarathon Digital Holdings(NASDAQ: MARA). This Bitcoin block represents a historical moment for the industry, being the first full supply of a BRC-20 token to be minted in a single transaction.\nThis historic block is the first full supply of a BRC-20 token minted in a single transaction, showcasing the potential for a more dynamic Bitcoin blockchain. The block also includes a large file and a collection, not possible to achieve with standard transactions.\nOrdinalsBot’s work with Marathon Digital Holdings also represents an important moment for the Bitcoin ecosystem, as both companies combine their expertise to develop innovative solutions that further enrich the ecosystem. The collaboration is anticipated to further accelerate OrdinalsBot’s growth trajectory.\nToby Lewis, cofounder of OrdinalsBot, said, "It has been excellent working with the Marathon Digital Holdings team, and we believe we are on the verge of creating unprecedented value for the entire Bitcoin ecosystem."\nJullian Duran, product lead at Marathon Digital Holdings, said, "OrdinalsBot are leaders in the space who are working to innovate Bitcoin transacting. We appreciate their support of Slipstream, and we look forward to future collaborations."\nThe BRC-20 token mined in this particular block is a new utility token for the OrdinalsBot platform. Trio will be launched to help drive growth of the platform and adoption of their technology across the sector. Trio, one of the first BRC-20 utility tokens, is engineered to augment the capabilities of the OrdinalsBot tool for users in the Bitcoin ecosystem, fostering new opportunities for developers and users alike.\nBrian Laughlan, Co-Founder of OrdinalsBot, commented, "BRC-20 introduced a new paradigm for fungible tokens with its fair mint mechanism, where people can only mint a specified max amount per transaction. The downside of this is that it makes it almost impossible for a project to take full control of their token supply. Via Slipstream, anyone can mint the full supply in one transaction."\nOrdinalsBot has achieved notable growth, securing $1.5 million in pre-seed funding last year. Investors and advisors include Kestrel0x1, Sora Ventures, UTXO Management, Sebastien Borget (co-founder of Sandbox), Domo (inventor of the BRC-20 protocol), and others. The company’s commitment to providing state-of-the-art inscription services and developer tools has been recognized by clients and industry experts.\nLooking forward, OrdinalsBot is preparing to launch several projects that promise to significantly contribute to the company’s expansion and enhance customer value.\n"Our commitment to innovation in the Bitcoin Ordinals space remains unwavering," Brian Laughlan added. "Projects we have in the pipeline are set to solidify our position as a premier infrastructure provider, enabling developers and transforming data inscription on the blockchain."\nFor press enquiries, please contact:[email protected].\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240221359459/en/\nContacts\nJournalists:For further information regarding the partnership between OrdinalsBot and Marathon Digital Holdings, please contact:Brian LaughlanCo-Founder, [email protected] LewisCo-Founder, [email protected] Digital Holdings Media Contact:[email protected]', 'ZiFi Token announces a strategic partnership with $SATS, a leading project in the BRC20 ecosystem, to integrate $SATS as the Layer 2 gas fee on its upcoming BRC20 swap, enhancing liquidity and trading efficiency.\nVancouver, Canada , Feb. 24, 2024 (GLOBE NEWSWIRE) -- ZiFi Token (Zero Inflation), a pioneering project in the DRC20 space, is proud to unveil its latest strategic partnership with $SATS, one of the most successful projects within the BRC20 protocol. This technical collaboration marks a significant milestone for both projects, promising to revolutionize the trading experience within the BRC20 ecosystem.\nAs part of this partnership, ZiFi Token and $SATS will work closely to integrate $SATS as the Layer 2 (L2) gas fee on ZiFi Token\'s upcoming BRC20 swap. Leveraging the strengths of both projects, this integration aims to streamline transactions, reduce costs, and enhance liquidity within the BRC20 network.\n"We are thrilled to announce our partnership with $SATS, a globally recognized project within the BRC20 ecosystem,"said the founder of ZiFi Token."This collaboration underscores our commitment to delivering innovative solutions and enhancing the trading experience for our users."\nWith ZiFi Token\'s market capitalization currently under 200K and $SATS surpassing 900M, this partnership represents a significant milestone for both projects. The technical integration of $SATS as the L2 gas method on ZiFi Token\'s upcoming BRC20 swap is poised to unlock new opportunities for growth and development within the crypto space.\nFurthermore, ZiFi Token is set to integrate BRC20 on its upcoming decentralized exchange (DEX), further bolstering its offerings within the BRC20 ecosystem. As part of this integration, $SATS will serve as the primary L2 gas for liquidity protocol and swap transactions, providing users with a seamless and efficient trading experience.\n"This partnership with $SATS marks a pivotal moment for ZiFi Token and the broader BRC20 ecosystem,"added the ZiFi founder."Together with $SATS, we are committed to driving innovation, fostering liquidity, and creating value for our users."\nIn addition to the technical collaboration, both ZiFi Token and $SATS will be listed on ZiFi Token\'s Marketplace, offering users increased accessibility and exposure to both projects. Notably, $BSAT ("Black Sats"), a derivative of $SATS, will also be listed on the ZiFi Marketplace, with a conversion rate of 1 $BSAT equal to 100,000,000 $SATS.\nFor more information about ZiFi Token and its partnership with $SATS, visit [ZiFi Token Website] and [SATS Website].\nAbout ZiFi Token\nZiFi Token (Zero Inflation) is a leading project in the DRC20 space, dedicated to revolutionizing decentralized finance and enhancing the trading experience for users worldwide. With a suite of innovative offerings and a commitment to driving growth and development, ZiFi Token is poised to lead the evolution of the crypto landscape.\nWebsite\|Twitter\|Telegram\|Medium\|Discord\nAbout $SATS\n$SATS is celebrated as the most memeable memecoin on the Bitcoin Chain, known for its witty memes, engaging content, and vibrant community. With multiple versions offering unique experiences and perks, $SATS has become a beloved icon among meme enthusiasts and crypto investors.\nWebsite\|Twitter\|Telegram\|CoinMarketCap\|CoinGecko\nShaw [email protected].\nDisclaimer:\nThe information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nAdrian Wiecek\nZero Inflation Finance (ZiFi)\[email protected]\nCONTACT: Adrian Wiecek Zero Inflation Finance (ZiFi) support at zifitoken.io']... Last 60 Days of Bitcoin's Closing Prices: [42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-24 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,013,649,357,625 - Hash Rate: 556574376.491103 - Transaction Count: 340419.0 - Unique Addresses: 591315.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Citigroup Inc.’s Marcus Satha, who turned the firm’s short-term interest rate trading desk into an industry leader, is planning to depart for a role in the children’s book charity he founded. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Ford Cuts Workforce Making Electric F-150s on Weak Demand Putin Orders Hunt for Property of Russian Empire, Soviet Union Blinken’s Return From Davos Was Delayed After Plane Broke Down China’s Biggest Broker Curbs Short Sales After Stock Rout Satha, a 20-year veteran of Citigroup, first joined the Wall Street giant in Australia before moving to London in 2012, according to a memo to staff seen by Bloomberg. He was named head of the short-term interest rate trading division for Europe, the Middle East and Africa in 2016 before being elevated to global head of the division one year later, the memo said. He “led the STIRT team to achieve record revenues, ranking No. 1 across the market,” Flavio Figueiredo, who leads Citigroup’s currency trading division, said in the memo. Satha is planning to take a more active role at Inclusive Books for Children, a charity he founded in 2022 that says it helps “source expertly reviewed, high-quality books for children that reflect the diverse world in which they live.” The nonprofit is a “vast, virtual ‘bookcase,’ showcasing inclusive books for different ages,” according to its website. The charity is hoping to combat the fact that the proportion of children’s books published featuring animal or non-human characters is far greater than books starring ethnic-minority main characters, according to its website. The philanthropy provides curated lists of books, though it said it currently chooses not to focus on books that are focused on the marginalized aspects of characters’ identities. “Stories are powerful tools that allow us to relate,” Satha said in an emailed statement. “We all want the children in our lives to be able to access the power of stories, and how they open the imagination and inspire creativity.” Story continues During his time at Citigroup, Satha created initiatives focused on diversity, equity and inclusion within the trading division, the memo said. (Updates with comment from Satha in penultimate paragraph. An earlier version of this story corrected the spelling of surname in last paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Aggressive_Algae726', 'Is Freewallet a complete scam? Does it work for anyone?', 10, '2024-02-24 00:19', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', "I needed to trade some coins a few years ago. Freewallet was fine. I was trying to trade for an uncommon coin and sent some btc to Freewallet. Suddenly, my account is frozen. \nNow, I'm trying to take out about $300 and they are requesting information, and each response asks for more information. It's kind of creepy. \n\n\nIs it worth my time trying to recover the funds? Has anyone had success", 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', '1ayf013', [['u/SpearTactics', 13, '2024-02-24 10:18', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwc917/', "It's a known scam, even the subreddit info contains a warning against. Unfortunately too many see that after it's too late.", '1ayf013'], ['u/MoneroWTF', 10, '2024-02-24 11:09', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwgg5h/', "I haven't seen that wallet mentioned in a while, I thought the years and years of so many people bitching about them worked. Selective scammers", '1ayf013'], ['u/TheFuzzStone', 31, '2024-02-24 11:16', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwh1ud/', '>Is Freewallet a complete scam?\n\nYes.', '1ayf013']]], ['u/lispercat2', 'Is there any correlation between the stock price and BTC', 13, '2024-02-24 00:31', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', "I bought 5K worth of stock in January 12, 2022 when BTC was \\~44K, the stock price was 42.85CAD.\n\nNow with BTC trading at \\~68K price is 10.56CAD.\n\nCould you give some insight on what's going on with the stock?", 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', '1ayfal7', [['u/Comprehensive-Belt40', 14, '2024-02-24 02:50', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/kruyd3b/', "In 2022, hut8 was mainly a BTC mining company...\nIn 2024.. it's a diversified in different sectors in IT.. but excel in none of them.", '1ayfal7']]], ['u/RespectibleCabbage', 'Beating everyone else off the sinking ship', 16, '2024-02-24 00:44', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', 'I’m curious at which point the bag holders will start to cut their losses and get out before the plummet of BSV. Presumably once the verdict comes in the price will tank, but it’s already clear at this point that Wright is going to lose, so it’s just a matter of time before the rug is pulled. \n\nI just find it weird that a lot of them over there are seemingly starting to realise they’ve been conned this whole time, so I’m genuinely curious how many of them will swallow their pride and just move over to Bitcoin. If they actually care about “Satoshis Vision”, well here it is. I assume the only people left over there now are just people with money sunk in who are hoping against hope for the best (because there are certainly no fundamentals of BSV to keep them around). It’s going to tank, I just hope it’s not the regular folk who lose everything, because you bet your ass CSW and CAH will be cutting and running soon.', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', '1ayfm5n', [['u/anonymouscitizen2', 10, '2024-02-24 03:02', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/kruzzw7/', 'Are you the same sgbett from BSV twitter who lies to people all day? If so you are a rat', '1ayfm5n']]], ['u/Magners17', 'I sold BTC to use my Shakepay card today ', 18, '2024-02-24 00:51', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', 'I was in a pinch today and forgot my wallet in the car. I had to purchase something and I could’ve ran out to my car to grab my wallet but it was faster to just sell some BTC and use my Shakepay card (my new CC hasn’t been added to my Apple wallet but my Shakepay card is still there) and it was so convenient!\n\nDo I feel good about selling BTC for a quick purchase? Not really. Did my transaction happen almost instantaneously? Yes. I was able to sell and use my SP card right away. \n\nSeamless transactions like this is why I appreciate this space, this company, this asset class and the future of our financial system. Could I have sold stocks and used that money for an immediately purchase? Nope. Could I sell BTC and do that via Shakepay? Absolutely. ', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', '1ayfrko', [['u/Bar98704', 11, '2024-02-24 01:23', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/krul5pt/', "Yeah but you've also triggered a taxable event by selling it. As long as BTC is classified as property then the whole thing is ridiculous", '1ayfrko']]], ['u/Lochskye', 'Think this', 619, '2024-02-24 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/', '💭Imagine that tomorrow you wake up and BTC is at $250,000, with what you have in your wallet right now, how much would you earn?\n', 'https://i.redd.it/paoc52gydgkc1.jpeg', '1aykifo', [['u/EliteEmi', 57, '2024-02-24 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvddyk/', 'Not gonna sell any, so earned 0', '1aykifo'], ['u/bbt104', 25, '2024-02-24 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvdpp4/', 'Well, I won\'t say how much I made, but I\'ll let you know what I\'m singing "Nooo more debt do do do-doo do, no more debt do doo do do" 🤣🤣', '1aykifo'], ['u/GiverTakerMaker', 62, '2024-02-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvepm7/', 'I only see that when I go to sleep', '1aykifo'], ['u/Ok_Computer1417', 399, '2024-02-24 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvexeo/', 'Coin market cap glitched one time in the middle of the night years ago and my phone blew up with alerts from Yahoo Finance essentially stating I was billionaire. It was nice for about 60 seconds.', '1aykifo'], ['u/Number_United', 58, '2024-02-24 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvfbwz/', '$225,000,000', '1aykifo'], ['u/karma_hit_my_dogma', 93, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhjij/', 'I would’ve sold in a blind daze', '1aykifo'], ['u/pr84704p', 13, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhlh7/', 'I remember that! lmao', '1aykifo'], ['u/herkdwrlmal', 39, '2024-02-24 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvin8q/', 'Finally someone talking realistic numbers', '1aykifo'], ['u/M1st3r51r', 66, '2024-02-24 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krviz7g/', 'Sell, cash out, and immediately move to a different country under a different name', '1aykifo'], ['u/seviay', 17, '2024-02-24 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvjqh1/', 'It could be good if I hadn’t had that terrible boating accident', '1aykifo'], ['u/screechingeagle82', 25, '2024-02-24 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvl453/', 'That’s why the chart above wont happen like that. The price will get there eventually but there are too many sellers waiting to cash in for a parabolic move of that magnitude over a short time period.', '1aykifo'], ['u/cryptoguerrilla', 35, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnexc/', 'Hopium is good and all but we got to get off the drugs and realize that “number go up” isn’t the end goal. 1sat=1 of bread is the goal.', '1aykifo'], ['u/dlm83', 22, '2024-02-24 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnx6i/', 'So enlightened... not numbers go up, wealth and buying power go up!', '1aykifo'], ['u/anthonyevans777', 13, '2024-02-24 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvocit/', 'I’d contemplate paying off my mortagge', '1aykifo'], ['u/SoupaSoka', 29, '2024-02-24 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvqqc3/', 'Best uses are buying land, buying a primary residence, or paying off debt. Not gonna blame a single person if they sell some or all of their Bitcoin to secure a reasonable place to live.', '1aykifo'], ['u/maistahhh', 26, '2024-02-24 06:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtfj9/', 'They are so dramatic', '1aykifo'], ['u/369isreal', 12, '2024-02-24 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtipd/', 'True i was also one of those billionaires 🤣🤣', '1aykifo'], ['u/weallwinoneday', 69, '2024-02-24 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvw9iq/', 'Nice try IRS', '1aykifo'], ['u/Pongi', 12, '2024-02-24 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw2beg/', 'You guys are so brainwashed it’s kind of astonishing', '1aykifo'], ['u/aaronmichaelVA', 12, '2024-02-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw5sr2/', "Let's come back about June 2025 and reassess this comment, yeah?", '1aykifo'], ['u/gui_gi', 33, '2024-02-24 09:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw71gu/', "He's not saying it won't reach 250k, he's saying it won't be a straight line up with no dips. He's correct in his assessment.", '1aykifo'], ['u/nopy4', 19, '2024-02-24 09:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwap6l/', 'Wow! You must be having like 100 BTC', '1aykifo'], ['u/ImaginedNumber', 12, '2024-02-24 11:29', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwi5ai/', "I would rather have a nice stable few % a month. If it shoots straight up, it's going to come crashing down along with all the Bitcoin is dead media.", '1aykifo'], ['u/Halfhand84', 20, '2024-02-24 13:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwv2xw/', 'Money may not buy happiness, but poverty sure as hell buys misery.', '1aykifo']]], ['u/fheartlover', 'Billion+ dollar bitcoin transaction earlier today', 1221, '2024-02-24 04:57', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/', 'Btc address: 3M6XXpqUc8G8GuHYKQhjAWobo5aGpkdV7u\n\nTransaction info [here](https://blockchair.com/bitcoin/address/3M6XXpqUc8G8GuHYKQhjAWobo5aGpkdV7u)\n\nThe rumors are saying its bezos. But I’m new to all this. Can anyone give some extra analysis of this. Is there a way to tell if this was a buy vs a transfer? Thanks \n\n\n', 'https://i.redd.it/c287ilv9igkc1.jpeg', '1aykzcs', [['u/OriginalPancake15', 243, '2024-02-24 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvhbl0/', 'Seeing this…. After I went a “lil crazy” this pay week and DCA’d an extra $50 onto my normal monthly DCA.', '1aykzcs'], ['u/karma_hit_my_dogma', 13, '2024-02-24 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvhfhi/', 'Hmmmm my .01 sats don’t reflect this. Why aren’t we all rich yet!??\n/s', '1aykzcs'], ['u/Pretend-Plumber', 14, '2024-02-24 05:13', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvi66p/', 'Wen lambo', '1aykzcs'], ['u/ElDubardo', 418, '2024-02-24 05:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvib2y/', 'Casually dropping 50k as a transfert test...', '1aykzcs'], ['u/Jeremiah_Vicious', 23, '2024-02-24 05:31', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvki77/', 'How do we know it’s a buy? What info are these Bezos rumors based off of? Can you hate the player without also hating the game?', '1aykzcs'], ['u/sj2can', 25, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvnega/', "Could it be Genesis? They need to sell 1.6b worth of greyscale, and some of that will be converted to physical bitcoin to distribute to creditors.\n\nI hope it's not though!", '1aykzcs'], ['u/velospeed', 27, '2024-02-24 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvr3a2/', 'How could someone purchase that much BTC without moving the market? This has to be a transfer.', '1aykzcs'], ['u/budrow21', 56, '2024-02-24 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvr448/', 'It must be a high net worth individual and not an ETF wallet because... someone on Xitter said so?', '1aykzcs'], ['u/flightsoffun', 141, '2024-02-24 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvs0dq/', 'This guy has good intentions but he is not the analyst you could count on. For example, most likely it was a fund transfer between personal wallet. Not necessarily a new purchase. But he tweeted as if it was definitely a new purchase. \n\nAgain, the guy has good intentions and I have subscribed to his patreon as well. But I have observed that while going deep into math and calculations, he misses obvious facts', '1aykzcs'], ['u/PrincipleFirst', 10, '2024-02-24 06:52', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvtupd/', 'Yes everyone on X only speaks truth … welcome to crypto logics', '1aykzcs'], ['u/terrenobe', 107, '2024-02-24 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvuvjg/', 'Whoa slow down man. Leave some for the rest of us!', '1aykzcs'], ['u/kajunkennyg', 13, '2024-02-24 07:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvuyss/', 'Also seems impossible to tell if this was a buy or sell or maybe just a miner or someone else moving a large amount of btc, exchange or?', '1aykzcs'], ['u/kajunkennyg', 112, '2024-02-24 07:04', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvv3y2/', "It's a transfer, no way to tell it's a buy or sell. The wallets don't seem to be doxxed and I don't have time to dig back and see the origin of the btc...", '1aykzcs'], ['u/mastermilian', 81, '2024-02-24 07:05', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvv7q7/', 'Even if I proved the address was correct, there is no way I will be moving 1 billion in a single transfer. Imagine a copy/paste virus in-between transfers. Yike.', '1aykzcs'], ['u/SmoothGoing', 27, '2024-02-24 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvdn1/', 'If you want to call it a "buy" then someone DUMPED 26139 BTC like it\'s rotten fish heads! (Can\'t have a buy without someone selling to the buyer.) Oh noes! Someone is selling bitcoins like there\'s no tomorrow! What does the seller know??!!\n\nTransaction is not a buy or a sell. It\'s reassignment from one address to another. Could be same owner. Reasons unclear, at least for now.', '1aykzcs'], ['u/GrandWazoo0', 72, '2024-02-24 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvesw/', 'The person who put this through must have balls the size of melons', '1aykzcs'], ['u/ChiBitCTy', 152, '2024-02-24 07:11', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvvs97/', 'Billionaire testing .01 b/s first , some damn good safest practices going on', '1aykzcs'], ['u/SmoothGoing', 10, '2024-02-24 07:13', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw06g/', 'Your fair share of bitcoin is what you mined, earned, or bought. Bitcoin is not about distributing it equally. Never was. Everyone understands that.', '1aykzcs'], ['u/I_AM_A_SMURF', 22, '2024-02-24 07:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw2km/', 'You can compute the transaction in a brand new airgapped pc that is destroyed after the fact and then transfer the transaction to a second pc that’s connected to the internet to broadcast it. Pretty hard to hack into that setup, probably only a few govt could do that.', '1aykzcs'], ['u/wastedgetech', 11, '2024-02-24 07:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvw7w5/', "Doofy Clown Average? Yea that's me too", '1aykzcs'], ['u/creosoterolls', 12, '2024-02-24 07:17', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvwboc/', 'OTC transactions don’t affect the market price directly.', '1aykzcs'], ['u/SmoothGoing', 14, '2024-02-24 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvx956/', 'OTC sale too then. Nothing here indicates purchase or sale. All we see is a bitcoin transfer.', '1aykzcs'], ['u/Rufus_Anderson', 82, '2024-02-24 07:44', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krvyywl/', 'He’s an influencer. He was pushing Celsius and had Mashinsky on his YouTube channel several times. I’d be careful trusting what he says.', '1aykzcs'], ['u/WillyWanker_-', 23, '2024-02-24 08:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw1pjo/', "He just interviewed him a couple of times and got fooled like the rest of us. Hardly his fault. He's way too bullish in general though, that's the more annoying part for me.", '1aykzcs'], ['u/Mr_MatF', 15, '2024-02-24 09:32', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8i17/', 'I also have good intentions. Can you Patreon me also? XD', '1aykzcs'], ['u/AvengerDr', 32, '2024-02-24 09:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8l7a/', 'In order to buy, someone needs to sell.', '1aykzcs'], ['u/Doorzetters', 47, '2024-02-24 09:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krw8x4j/', 'It could also just be a fund or person moving their btc', '1aykzcs'], ['u/Bitcoin_Maximalist', 16, '2024-02-24 10:14', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwbyt7/', '> like the rest of us\n\n?!', '1aykzcs'], ['u/HitMePat', 17, '2024-02-24 11:09', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwghw6/', "It's a billion dollars so seems worth the extra security in that case", '1aykzcs'], ['u/TapDancingGhoul', 18, '2024-02-24 12:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwq0fb/', 'Why are you ruining bullish baseless speculation?', '1aykzcs'], ['u/GenitalPatton', 255, '2024-02-24 13:50', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwvbe3/', 'Bitcoin Supporters: Bitcoin should replace banks\n\nAlso Bitcoin Supporters: Oh my gosh transferring is so scary', '1aykzcs'], ['u/inhodel', 45, '2024-02-24 14:01', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwwjso/', 'I would do the exact same thing using my regular fiat bank account. The main thing is, my test transfer of 10 dollar will be done, but my 10 million transfer will be flagged and held hostage by them until approved and proven by several variables. \n\n(note, not that I have 10 million, but I transferred 300k before and this was already the issue)', '1aykzcs'], ['u/Thisteamisajoke', 29, '2024-02-24 14:28', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krwzu1m/', "Yeah, and they flag it to verify it is going/coming from the right place. If there was a mistake, they would reverse it so you didn't lose your money. You're literally making OP's point.", '1aykzcs'], ['u/inhodel', 24, '2024-02-24 14:32', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krx0dky/', "I think you missed my point. \nTransferring a big amount using ALL methods are scary. Fiat transfer, Physical gold, Crypto, Paypal, you name it. \n\nThe difference is, when its only peer to peer, you don't needs all those 3rd party checks to verify if the money is yours. You call it a positive argument, I find it negative....all good. We do not need to agree.", '1aykzcs'], ['u/CupformyCosta', 29, '2024-02-24 14:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykzcs/billion_dollar_bitcoin_transaction_earlier_today/krx2hdu/', 'It’s just a transfer on the network. Not a transaction on an exchange.', '1aykzcs']]], ['u/AmberAllure_Ambie', 'ΑΙΤΑΗ for not telling my ex-wife the codes for her crypto wallet that we had since early 2023?', 620, '2024-02-24 05:29', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/', "Back in early 2023, we had bought some bitcoin with a good amount we had set aside when the price was around $24,000. After a while, I found out she was cheating on me. Naturally, we divorced, went to court, and she, because her sister is a very good lawyer, managed to convince that I was responsible for the whole messy situation and wouldn't let me see my kids. Generally, as a person, she was always careless and only cared about herself. She constantly lost her phone, threw away food after a bite, enjoyed fast fun and prosperity, prioritizing her own enjoyment above everything else... she also lost the codes to her bitcoin wallet. Now she's asking me for them, and I'm not giving them to her. Am I wrong?", 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/', '1ayll0z', [['u/Smitty-TBR2430', 13, '2024-02-24 05:44', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvm3av/', 'Uhhhh…. What BitCoin wallet?', '1ayll0z'], ['u/Left_Row_1661', 19, '2024-02-24 05:46', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvm9vp/', 'Yta just for being into crypto', '1ayll0z'], ['u/AssistantAlternative', 206, '2024-02-24 05:46', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmc2a/', 'Tread lightly. You don’t want her taking you back to court and trying to say you hid marital assets. That could open up a new can of worms. I would probably be like I have no idea what your passwords are? And then pray she doesn’t get into it, and then make a new wallet in the kids names, and give it to them for college. \n\nMy ex also cheated, kept the house, moved in the mistress who plays mommy to my daughter half the time (fucking cunt) so I really do understand how nice it would be to get some revenge monetarily, but I swear the karmic energy of that decision would affect me far worse than his loser behaviors so to me it simply is not worth the risk. \n\nHowever giving it to the kids is a super fair, neutral, positive karmic choice. IMO :)', '1ayll0z'], ['u/beyerch', 351, '2024-02-24 05:47', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmglg/', "Bullshit story. She had such an awesome lawyer that she took the kids from your, but lawyer didn't think to properly map out ALL assets in the marriage. Either this wallet has like 0.1 Bitcoin in it or this is bullshit story or there is more to the story & why you lost the kids.", '1ayll0z'], ['u/nwbrown', 10, '2024-02-24 05:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvmji8/', 'If you think you are better off waiting for the courts to decide, ive got some bad news.', '1ayll0z'], ['u/citizenecodrive31', 85, '2024-02-24 05:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvn71f/', 'The lawyer only knows what the wife tells. If wife forgot about the crypto then what can the lawyer do?', '1ayll0z'], ['u/IanDOsmond', 1255, '2024-02-24 05:54', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvn98i/', 'Ask your lawyer, not us. Maybe you are within your rights; maybe you are, I dunno, committing fraud or something. Even if some of us are lawyers, none of us are your lawyer, none of us have read your divorce decree, and probably there are differences based on your state.\n\nIn general, I think you should work out "am I the criminal" before worrying about "am I the asshole."', '1ayll0z'], ['u/knittedjedi', 40, '2024-02-24 06:00', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvnyfw/', '>Bullshit story.\n\nI miss when the trolls were halfway decent lol.', '1ayll0z'], ['u/No_Astronaut2795', 403, '2024-02-24 06:05', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvokje/', '"We bought bitcoin." That equals marital asset. It literally doesn\'t matter how awful she\'s been, you can\'t withhold financial assets. If you were talking to a lawyer, I highly doubt they would advise you to keep this up. Don\'t be petty because it will cost you.', '1ayll0z'], ['u/opensilkrobe', 17, '2024-02-24 06:08', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvouu8/', 'More of the misogynist rage bait', '1ayll0z'], ['u/DeBlasioDeBlowMe', 813, '2024-02-24 06:17', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvpwdc/', '“Way back in early 2023”? You mean like less than a year ago?', '1ayll0z'], ['u/uhhh206', 30, '2024-02-24 06:28', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvr6wi/', "Not even a skilled troll, given they are supposedly a jaded and betrayed father whose ex-wife took the kids, while also having multiple posts about not enjoying sex on her period, and about their Greek boyfriend.\n\nNext time delete your contradictory posts if you're going to troll, OP.\n\n(On the off chance this is real, which it isn't, have fun when your ex-wife tells the courts that you hid marital assets during the divorce.)", '1ayll0z'], ['u/LolaLazuliLapis', 36, '2024-02-24 06:36', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvs4b0/', 'Who forgets buying "a good amount" of Bitcoin?\xa0', '1ayll0z'], ['u/yaymonsters', 12, '2024-02-24 06:37', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvs6ir/', 'I don’t remember either. NTA', '1ayll0z'], ['u/CommunicationAware88', 15, '2024-02-24 06:41', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvslk9/', 'My son\'s step mom told my kid she couldn\'t change her last name because I still used my married name and had him call her "Amma", while he called me "Mama". What\'s wrong with folks.', '1ayll0z'], ['u/les-mels', 78, '2024-02-24 06:51', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvtplk/', 'At first I thought he said 2003 lol', '1ayll0z'], ['u/No_Astronaut2795', 27, '2024-02-24 06:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvtxo9/', 'Who does everyone think crypto is an exotic wild west. Like no. Not how it works.', '1ayll0z'], ['u/MenageTaj', 12, '2024-02-24 06:59', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvulrj/', 'You forgot also', '1ayll0z'], ['u/crispyhats', 27, '2024-02-24 07:05', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvv59m/', "For pity's sake remember that every transaction is recorded publicly and permanently on the blockchain. If you transfer coins from one wallet to another, anyone can look that up and trace it back. It's extremely likely that your/her real identity is associated with that wallet in some way (using an exchange, tax purposes etc) which makes it even easier to track. The guy who defrauded Silk Road got caught many years later by a curious law enforcement officer looking at the blockchain, and, ironically, a couple of indiscreet social media posts just like this one. Crypto isn't anonymous, it's pseudonymous, and everything is written down and very traceable.", '1ayll0z'], ['u/No_Astronaut2795', 21, '2024-02-24 07:06', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvv92a/', "No. Forensic accounting and marriage doesn't work like this. The law doesn't work like this.", '1ayll0z'], ['u/demonrenegade', 126, '2024-02-24 07:11', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvvso4/', 'But she threw away food after only one bite! Screw her she ain’t getting those codes 😤', '1ayll0z'], ['u/TwoIdleHands', 23, '2024-02-24 07:15', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvw7hq/', 'My exes lawyer forgot to include a whole thing in about final asset balancing (I kept the house/mortgage). I went to sign the papers my ex had already signed and asked my lawyer if it was a problem for me to just sign as-is. She said technically no. I wasn’t going to pay any more money to my lawyer to fix his/his lawyers mistakes (which had already happened numerous times driving my costs to an insane $45k). Then I told him that maybe he should have agreed to pay some of my lawyers fees since our divorce was now final and he was out $300k. His face…I instantly told him I was giving him the money because I said I would but to remember this going forward if he’s ever feeling petty.', '1ayll0z'], ['u/No_Astronaut2795', 10, '2024-02-24 07:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvw8sf/', "Even if I lost the keys to my house, I'm legally an owner of home. I really don't understand why you're putting so much emphasis on keys.", '1ayll0z'], ['u/PhysicalGSG', 393, '2024-02-24 07:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvwazn/', 'I mean, if he hadn’t posted this on his own fucking account, he could have used the “your honor im not withholding them, I just don’t know them.”', '1ayll0z'], ['u/Non-normie187', 18, '2024-02-24 07:25', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvx6jc/', "Because you don't understand how bitcoin works, apparently. If OP genuinely doesn't have the key, and his wife doesn't either, then it is literally impossible for anyone in the world to move that bitcoin, it's lost forever, sitting in the wallet but permanently irretrievable. The court can order him to send his wife half the bitcoin, but if he honestly doesn't have the key, he can never do it.\n\nThis isn't like a car or a house, you can't make a new key or change the locks or break a window or go to the dealership or call a locksmith. Without the key you can't get it. Literally, skim the Wikipedia article on bitcoin before continuing this debate.\n\nThey might think OP is lying and send him to jail. Idk. But OP could also demand his half from his wife, who also lost the key.", '1ayll0z'], ['u/PeskyInquirer', 45, '2024-02-24 07:26', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvxa41/', "Gave him $300k that he's gonna use to slap you in the face. \n\n\nWhen your opponent is making a mistake, don't interrupt or correct them.", '1ayll0z'], ['u/Non-normie187', 13, '2024-02-24 07:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvy0b2/', "Yes. Maybe he'll remember the key once the statute of limitations is up. Or once bitcoin is worth 3 million, he'll move to a country with no extradition treaty and suddenly the key will come back to him. In the mean time he gets to spite his cheating ex for the low cost of 12k.", '1ayll0z'], ['u/xanif', 129, '2024-02-24 07:36', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvy82i/', "Or... don't commit perjury", '1ayll0z'], ['u/worshipHer-', 10, '2024-02-24 07:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvzd2r/', "It's not a home it's Bitcoin dude. You are wrong, the other guy is right. \n\nThe government can't force him to split Bitcoin they can't even prove he can access. If neither of them remembers the code, it's like they buried a box in the desert with Gold in it and forgot the coordinates. The courts can't make him cought up what he doesn't have.", '1ayll0z'], ['u/PhysicalGSG', 10, '2024-02-24 07:53', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krvzsio/', 'No shit buddy', '1ayll0z'], ['u/dyllandor', 11, '2024-02-24 08:00', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw0geq/', "Can't be the cheating right", '1ayll0z'], ['u/Life_Independence781', 420, '2024-02-24 08:30', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw354o/', 'He’s trying to sound like he was early to Bitcoin 😂', '1ayll0z'], ['u/marijaenchantix', 43, '2024-02-24 08:32', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw3amm/', "He didn't ask if he is legally allowed to. He asked if he is morally wrong. This is AITA, not Legal advice.", '1ayll0z'], ['u/Pieter8720', 18, '2024-02-24 08:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw3i12/', 'Well you know, the advice here is usually: “get a divorce”.\n\nSo everyone is out of ideas now…', '1ayll0z'], ['u/Jayfeather90', 64, '2024-02-24 08:41', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw441f/', "Yeah this confuses me. You said 'we' bought Bitcoin but she lost the info to 'her' wallet. If that's completely her wallet and you have not any of your assets in there nor changed any info, I don't think you are responsible. But if you are or were in any way involved in that wallet, I would be careful.", '1ayll0z'], ['u/King_Moonracer003', 19, '2024-02-24 09:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw8mdl/', 'Hard disagree, legality has no correlation with morality. Its besides the point but an interesting topic imo', '1ayll0z'], ['u/bummedintheface', 24, '2024-02-24 09:37', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krw8wq7/', '>there is almost no way something is illegal but moral.\n\nmedical marijuana entered the chat\n\neuthanasia entered the chat\n\ndumpster diving entered the chat\n\nfeeding the homeless (in some states) entered the chat\n\npirating content of any kind that is no longer available to buy entered the chat\n\n\n\netc etc etc', '1ayll0z'], ['u/LolaLazuliLapis', 12, '2024-02-24 10:20', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwcf7o/', "Right? That's the dumbest thing I've ever heard.", '1ayll0z'], ['u/bummedintheface', 13, '2024-02-24 10:23', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwcpbz/', ">Sorry dude downloading that old game doesn't make you a bastion of morality!\n\nI didn't suggest otherwise, dude. I was merely pointing out some things that are illegal but morally right. Sorry that was confusing.", '1ayll0z'], ['u/krash90', 19, '2024-02-24 11:03', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwg04d/', 'There are literally zero laws that can require you to give up a password. He didn’t steal the password from her. She forgot it and they can’t require you to say anything to anyone including giving her a password he may or may not know. That’s 100% on her.', '1ayll0z'], ['u/krash90', 13, '2024-02-24 11:04', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwg2rs/', 'It’s her assets. It’s her password. He is not legally obligated to remind her her password.', '1ayll0z'], ['u/ButtcheekBaron', 29, '2024-02-24 11:16', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwh1cc/', 'Is "I don\'t recall" ever actually perjury? How can they prove you didn\'t space out at any point?', '1ayll0z'], ['u/Life-Ad4779', 53, '2024-02-24 11:22', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwhjmk/', "Calling it 'way back in early 2023' feels like just yesterday, doesn't it? Time flies!", '1ayll0z'], ['u/Infamous_Walrus_7641', 25, '2024-02-24 11:48', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwjp4i/', 'He’s no legal obligation to remind his ex of her passwords… most legal advice would recommend changing passwords post divorce lol. \n\nUnless he changed the password, thus denying her access - he’s completely in the clear.', '1ayll0z'], ['u/Infamous_Walrus_7641', 15, '2024-02-24 11:49', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwjt0r/', 'They’re law enforcement mechanisms to third parties however, not the same as reminding your wife because she forgot her codes. Pretty sure there is zero legal obligation anywhere to re remind your ex of her financial info.', '1ayll0z'], ['u/Nice_Buy_602', 10, '2024-02-24 12:10', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwlm79/', 'Giving water to people waiting in line to vote is illegal in some states.', '1ayll0z'], ['u/OldSarge02', 25, '2024-02-24 13:34', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwtiw9/', 'This thread would be pretty good evidence.', '1ayll0z'], ['u/WeedLatte', 11, '2024-02-24 14:18', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krwynu0/', '“if he hadn’t posted this”', '1ayll0z'], ['u/Capital_Section_7482', 20, '2024-02-24 14:44', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krx1um2/', 'He didn\'t say "way back" just back. Why did you add that?', '1ayll0z'], ['u/Alternative_Bad_2884', 19, '2024-02-24 15:27', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krx7mdy/', 'How you gonna put quotes around something op didn’t say? Do we get to add words to quotes now? Is that a thing? Did the “way” just enter your mind and you decided it better suited your comment?\xa0', '1ayll0z'], ['u/Heygrosbiggros', 10, '2024-02-24 16:55', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krxl4fl/', 'He didn\'t say "way back", just "back"', '1ayll0z'], ['u/BeulahPierce', 22, '2024-02-24 17:09', 'https://www.reddit.com/r/AITAH/comments/1ayll0z/αιταη_for_not_telling_my_exwife_the_codes_for_her/krxnd51/', "Bullshit story. She had such an awesome lawyer that she took the kids from your, but lawyer didn't think to properly map out ALL assets in the marriage. Either this wallet has like 0.1 Bitcoin in it or this is bullshit story or there is more to the story & why you lost the kids.", '1ayll0z']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, February 24, 2024', 27, '2024-02-24 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/', '1aym5q2', [['u/dnick423', 33, '2024-02-24 09:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krw8ri0/', '10 consecutive days above 50K now', '1aym5q2'], ['u/_TROLL', 25, '2024-02-24 10:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwe0pz/', "And this is with miners having [moved 700,000 BTC to OTC desks over a mere 3 weeks](https://cryptopotato.com/bitcoin-miners-move-700000-btc-to-otc-desks-in-3-weeks-heres-what-it-means/). That's literally 3.5% of all extant Bitcoin put on the market in 21 days.\n\nThey are rapidly running out of coins to sell.", '1aym5q2'], ['u/_2f', 14, '2024-02-24 12:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwnpja/', 'that’s not how it works\n\nThat’s not true. There’s the same effect, but not immediate. It’s indirect. \n\nIf OTC buys are larger than OTC sells, there would be an OTC premium and vice versa for discount. If there’s a premium, arbitragers can buy on spot and sell OTC and vice versa. This corrects itself. \n\nBut my point is, OTC definitely affects spot. It’s just some certain premium or discount is better for many then an uncertain slippage in the same direction.', '1aym5q2'], ['u/Riker-Was-Here', 27, '2024-02-24 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwqak2/', "this is base camp. we are just a couple of pumps from ATH when you think about it. the climb up is going to be swifter and more exhilarating than most are prepared for. the euphoria will be chef's kiss.", '1aym5q2'], ['u/EDWARD_SN0WDEN', 24, '2024-02-24 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwwmk8/', 'We’re at 20 comments in the thread and my Uber driver isn’t talking about Bitcoin and we’re at max euphoria prices of 2021. Absolutely mind blowing\xa0', '1aym5q2'], ['u/theubiquitousbubble', 17, '2024-02-24 14:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwxi7s/', "I can't believe it has only been 10 days. Feels like we have been here for a month already.", '1aym5q2'], ['u/phrenos', 15, '2024-02-24 14:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krwxtji/', '7 dog years = 1 human year. \n\nSimilarly, 1 crab day = 3 human days.', '1aym5q2'], ['u/dopeboyrico', 31, '2024-02-24 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx1hb3/', '[AUM held in new spot ETF’s is now at $14.9574 billion through day 30 or ~292.86k BTC.](https://x.com/bitmexresearch/status/1761307758173851758?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $7.4430 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $498.58 million with average inflows of $431.78k million or ~9.76k BTC. Yesterday average daily AUM was at $513.62 million with average inflows of $437.13 million or ~9.88k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 15.5%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.155.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $14.9574 billion is 0.088% of their total AUM. At current pace it would take fund managers 341 trading days to reach a 1% allocation into BTC. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 44.7% of that amount of BTC over the span of 30 trading days.', '1aym5q2'], ['u/dopeboyrico', 14, '2024-02-24 14:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx3sas/', 'It is accurate. Some of GBTC’s outflows definitely went into new spot ETF’s but it’s not going to be 100% since some people who sold GBTC would’ve remained in cash, not everyone sold to buy a new spot ETF.\n\nSpot ETF’s will reach 100% of the amount of BTC that GBTC held at their peak well before GBTC’s BTC holdings get anywhere close to zero.', '1aym5q2'], ['u/imissusenet', 23, '2024-02-24 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx4xpv/', "Daily change in BTC held by GBTC:\n\n[https://imgur.com/a/gyUyVno](https://imgur.com/a/gyUyVno)\n\n\\-865 BTC (-0.19%), the first time under 1K since ETF approval. By comparison, it was almost -16K BTC a month ago. 5-day ave is -2,302 BTC/day. Grayscale's daily fee is about 18 BTC/day.\n\nIBIT + FBTC are now half as big as GBTC.", '1aym5q2'], ['u/Cultural_Entrance312', 11, '2024-02-24 15:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krx6j3k/', 'Bitcoin’s hourly chart has been crabbing for 10days now. I bought some BTC at 52.2, 51.8 and 50.8. I have an additional limit buy order at 50.2 in case BTC tries to test the high of the last run-up. I am looking to take profits at 56.5, this will be adjusted upwards, depending on where we break through resistance of the flag. The RSI is at 52.5 (average 48.8) at time of writing. Resistances are at 51.2, 51.8, 52.8 and 53, after that, then 57.5, 63 and 69 are major ones remaining. The next supports are 50.8, 50.2 and the Fibs for the 1st part of this run up. 48.5 (.236 FIB), 46.3 (.382 FIB), etc. (see chart). Someone mentioned earlier of a possible descending triangle that has formed. We’ll know if it is confirmed bearish or bullish by end of day. I am leaning towards bullish due to how well BTC has absorbed the selling pressure so far.\r \n\r \nThe daily is under overbought. RSI is at 66 and its average is overbought, currently at 75.3. Same resistances/supports as I mention in the hourly. Bitcoin is approaching the central channel. This could provide an area for BTC to start a new move up with the bull flag that has formed. If we break out, the target would be around 66.6 (oooo spooky lol). I would like to see BTC hit 50k before we move up more so we can test that spot to verify it is strong support. It is also the .236 FIB from the last run up. Not sure this is going to happen.\r \n\r \nOn the weekly, Bitcoin is just under the upper end of the rising resistance channel from when we bottomed out in 2022. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. I would normally expect a cool off and retrace soon, but with all the ETF inflows, I’m not sure what is going to happen. Main resistances were noted above.\r \n\r \nBitcoin is currently on its 6th monthly green candle just before halving. This has never happened before. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. This time, the pre-halving PA is different from past PA. BTC is well above the rising support line.\r \n\r \nGood luck to all traders and DCAers.\r \n\r \n1-hour: https://www.tradingview.com/x/ll5UjT5f/\r \n\r \nDaily: https://www.tradingview.com/x/Fb1BJ5Mn/\r \n\r \nWeekly: https://www.tradingview.com/x/ArwfU9zy/\r \n\r \nMonthly: https://www.tradingview.com/x/HGHhMX6L/', '1aym5q2'], ['u/escendoergoexisto', 13, '2024-02-24 16:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1aym5q2/daily_discussion_saturday_february_24_2024/krxil58/', 'This PA is tough to read. That V-shaped recovery from the test of the 50.6ish support sure looks solid, but that overbought daily just keeps making me expect more downside before we rip to the upside. I’m stoked on my current stack’s value, though. That’s for certain. This post-halving bull run is going to be epic and I’m reminding myself to be patient.', '1aym5q2'], ['u/symbot001', 12, '2024-02-24 18:37', 'https://www.reddit.com/r/BitcoinMarkets/... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Navigating the crypto landscape can be a challenge, especially in a bull market when just about every cryptocurrency seems to be rising. With myriad options promising life-changing gains, cutting through the noise is no easy task.\nFor investors looking to find some clarity in a crowded field of options, the best strategy is often the simplest. As with the stock market, it is possible to spread your crypto portfolio too thin, inevitably introducing unnecessary risk.\nOne cryptocurrency stands out as deserving a $1,000 investment today:Bitcoin(CRYPTO: BTC). While this pick may lack originality, its historical performance, market dominance, and unique characteristics make it a standout choice that no other cryptocurrency can match.\nThere is a laundry list of arguments that portray Bitcoin as a risky and volatile asset undeserving of an investment. Although short-term fluctuations are real, a long-term perspective reveals Bitcoin's attractiveness as a robust investment.\nBitcoin has proven itself as the top-performing asset during the past 15 years. Driving much of this performance is Bitcoin's robust monetary policy. Centered around an event known as a halving, Bitcoin's supply growth rate iscut in halfevery four years. This process will continue until the last Bitcoin is mined in about 2140, at which point the cryptocurrency will enter unprecedented territory.\nWith the upcoming halving in April, Bitcoin will see its supply growth fall from 1.75% a year to just 0.85%. Historically, in the year of a halving, Bitcoin's price jumps by 120% on average as demand is forced to compete for a tightening supply. Only time will tell if 2024 follows patterns of years past, but even if this year turns out to be an anomaly, Bitcoin's long-term value should stay on a positive trajectory considering trends of increasing adoption and continued reductions to its supply growth as more halvings pass.\nFor those seeking simplicity in their crypto portfolio, few options are more appealing than Bitcoin. As of Feb. 22, the entire crypto asset class was valued at about $2 trillion. Of this, Bitcoin makes up more than $1 trillion. Its closest rival isEthereum, worth just $360 billion.\nDue to this disproportionate valuation, the vast majority of other cryptocurrencies are highly correlated to Bitcoin's price. In other words, if Bitcoin's value rises or falls, the values of most cryptocurrencies will follow suit.\nAlthough other cryptocurrencies may occasionally outperform Bitcoin, they usually possess much greater volatility and risk. During bull markets, some of these cryptocurrencies may rise at a faster clip, but when bear markets set in, the drops become much more severe. While Bitcoin might not produce the 10,000% return that new cryptocurrencies sometimes see, it provides simple and comprehensive exposure to the entire asset class with considerably less risk.\nWe can't talk about Bitcoin without discussing how it has risen to become the most valuable cryptocurrency. Surely its position as the first cryptocurrency to be invented gave it a head start, but the main reason it has maintained this position for roughly 15 years has to do with the distinct characteristics that set it apart from any other cryptocurrency.\nBitcoin is the quintessential cryptocurrency. It is the mostdecentralized, secure, and durable blockchain ever invented. With more than 17,000 nodes globally and estimated to be 500 times more powerful than the best supercomputers in the world, Bitcoin is virtually un-hackable. Best of all though, it has been able to achieve this without any centralized figure or entity overseeing it, a feat no other cryptocurrency can claim.\nWhile Bitcoin may lack the glamor of newer cryptocurrencies, its unparalleled track record positions it as a formidable long-term player. Just like the stock market, survival of the fittest reigns in the crypto realm, and Bitcoin has proven why it is the ultimate survivor.\nFor those with an extra $1,000 at their disposal and looking to gain some exposure to crypto, there's no better option than Bitcoin. Save yourself the hassle, appreciate the beauty in simplicity, and discover how an investment in Bitcoin could be your closest route to long-term portfolio growth.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool", "TheShiba Inu(CRYPTO: SHIB)cryptocurrency isn't writing headlines anymore, but many investors still pin their hopes on this meme coin for the next sectorwide bull run. It's still among the 20 largest crypto namesmeasured by market cap, with robust daily trading volume.\nUnfortunately, I don't see much real-world developer interest inthe surprisingly capable Shiba Inu ecosystemthese days.\nCrypto-based app activity is on the rise, with the number of veteran developers contributing code to the GitHub code gallery nearly doubling over the last three years, according to Electric Capital's latest developer report. But smart contracts innovatorEthereum(CRYPTO: ETH)utterly dominates the developer interest in every category, withBitcoin(CRYPTO: BTC)in a distant runner-up spot and everyone else trailing far behind.\nThis report never even mentioned Shiba Inu. There's simply nothing going on behind that door.\nOn the other hand, many cryptocurrencies and blockchain networks are hard at work building the Web3 future. From personal banking to content publishing, a plethora of industries are ripe for disruption -- and one token should skyrocket as the online world moves through this sea change.\nElectric Capital ran across a lot ofPolkadot(CRYPTO: DOT)projects. The official blockchain ecosystem of the Web3 Foundation is one of the most active developer communities not named Ethereum, and also one of the fastest-growing networks. Polkadot's army of full-time developers more than tripled in three years, making it the largest app-writing platform after Ethereum and Bitcoin.\nIn other words, consumers and investors will soon see a tsunami of Polkadot-based Web3 apps on their phones, computers, and other online devices. The Polkadot connection may not always be clear or heavily promoted, but the network helps programmers make the most out of many different crypto systems. It'll be the silent force that holds the Web3 revolution together at the seams.\nYet, crypto investors have largely shrugged off Polkadot's promising app-building activity and the DOT token has traded sideways over the last year. Ethereum gained 80% over the same period while Bitcoin landed a 110% jump:\nThe lack of investor excitement doesn't take anything away from Polkadot's real-world usage, though. And that's how the token's value is created. You know what they say about stocks being voting machines in the short term and weighing machines in the long run, right? The same idea holds true for cryptocurrencies, and Polkadot is stacking up a ton of weight on those weighing-machine scales as we speak.\nI can't wait to see what the price chart will do when the first few killer apps open the floodgates for the Web3 era.\nShiba Inu separates itself from other meme coins with a robust technical platform and a community-driven system for developing the blockchain network itself. But the dog-themed marketing that helped it attract the spotlight early on appears to have become a liability more recently. It's just hard to take Shiba Inu seriously, since the value of each digital coin is so vanishingly small. 1 million Shiba Inu coins add up to $10 at today's prices, and it's just hard to keep track of the zeros you should expect after the decimal point.\nPolkadot is just on a different level when it comes to creating real long-term value. It runs an even more sophisticated blockchain network, supported by several helper networks and passing information between different blockchain systems. Its market cap is about twice the size of Shiba Inu's these days, and I expect it to rise through the ranks as the Web3 conversion gains momentum.\nSo the allure of meme coins like Shiba Inu may capture the public's imagination, but savvy investors should look beyond the headlines. Polkadot's technical prowess and its central role in the burgeoning Web3 ecosystem should make it a transformative investment. As the digital world edges closer to a Web3 reality, step by encrypted step, Polkadot's innovative infrastructure and powerful interoperability powers should lead to substantial growth.\nShould you invest $1,000 in Polkadot right now?\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nAnders Bylundhas positions in Bitcoin, Ethereum, and Polkadot. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nForget Shiba Inu: This Cryptocurrency Could Make You Richwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-25 Financial & Commodity Data: - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,009,348,826,231 - Hash Rate: 666264217.113437 - Transaction Count: 418801.0 - Unique Addresses: 607478.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In a remarkable debut, the first U.S. ETFs offering direct exposure to the world’s largest cryptocurrency witnessed extraordinary trading volume, marking a significant milestone in the financial industry. About $4.6 billion was traded in new US spot Bitcoin ETFs on their first day of trading, per LSEG data. This underscores strong investor interest and the potential growth of cryptocurrency in mainstream investment platforms.Grayscale Bitcoin TrustGBTC, transitioning from a trust to an ETF, became the most heavily traded ETF on its debut, with $2.3 billion in trading volume. This was followed by about $1 billion iniShares Bitcoin Trust(IBIT) and $685 million in Fidelity Wise Origin Bitcoin Trust (FBTC).ARK 21Shares Bitcoin ETF(ARKB) andBitwise Bitcoin ETF(BITB) saw more than $278 million and about $122 million, respectively, in trading volume on the day.The astonishing volume surpasses the initial Bitcoin futures fund launched in 2021, which had almost $1 billion in turnover on its first day. The solid trading activity is likely to continue in the days ahead, leading to increased institutional and retail investor participation in the cryptocurrency market (read: A Glimpse Into 11 Spot Bitcoin ETFs Set for Launch Today).This is because the launch of spot Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. This development would not only legitimize Bitcoin in the eyes of mainstream investors but also provide a more accessible avenue for investment, thereby potentially attracting a fresh influx of capital into the crypto market. As such, spot ETFs are considered to be a game changer for cryptocurrency investors.The approval for the 11 ETFs came after a long history of rejections by the SEC due to concerns about market manipulation, custody issues and the lack of investor protection. In fact, over the years, the SEC has denied more than 30 similar applications.Let’s delve into the abovementioned ETFs in detail:Grayscale Bitcoin Trust (GBTC)Grayscale Bitcoin Trust is the world’s largest Bitcoin ETF, charging 1.50% in annual fees. It owns and passively holds actual Bitcoins through the Custodian, Coinbase Custody.iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust enables investors to access Bitcoin within a traditional brokerage account. It charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024.ARK 21Shares Bitcoin ETF (ARKB)ARK 21Shares Bitcoin ETF seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. It has an expense ratio of 0.21%, with the fee set to be 0% for the first six months or the first $1 billion in assets.Bitwise Bitcoin ETF (BITB)The Bitwise Bitcoin ETF has the lowest fees among the approved spot Bitcoin ETFs at 0.20%. The fee is set to be 0% for the first six months or the first $1 billion in assets. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Grayscale Bitcoin Trust (GBTC): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Global brokerage firm OANDA is officially opening for crypto trading in the UK.\n• OANDA Crypto will be based in London and comes with FCA registration thanks to last year’s acquisition of Coinpass.\nU.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto.\nIt’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said.\nWhile some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for OANDA, said the firm’s head of digital assets Lucian Lauerman.\n“The UK has a high level of participation and is a very well educated and active market,” Lauerman said in an interview. “What we liked about the opportunity in the UK, when it comes to crypto, is that it’s becoming more aligned with the markets where we’ve traditionally operated. The regulatory bar has been set slightly higher.”\nOANDA already offers crypto in the U.S. via a partnership with New York State Department of Financial Services-regulated Paxos. The brokerage also refocused its mainland Europe operations away from Malta to Warsaw in Poland, with the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS.', "Despite ongoing outflows, Grayscale'sBitcoinTrust (GBTC) appears to be bleeding slower. Withdrawals havereachedtheir lowest point since its conversion to an ETF in January, with daily amounts dropping to $44.2 million on February 23.\nThis slowdown comes after significant outflows earlier in the year. By the end of January, GBTC had witnessed over $5.64 billion in withdrawals, including a single-day exit of $640 million. So far in February, outflows have totaled around $1.8 billion, bringing the overall figure since inception to $7.4 billion.\nHowever, these outflows seem to be favoring competing Bitcoin ETFs. BlackRock's IBIT, for instance, has attracted over $6.6 billion in investments since its launch, followed by Fidelity's FBTC with $4.7 billion.\nThe arrival of spot Bitcoin ETFs offered existing GBTC holders the option to convert and redeem their shares, which is seen as a key reason for the initial outflow surge. Additionally, the lower fees of competing ETFs, some charging as little as 0.19% compared to GBTC's 1.5%, have enticed investors to rebalance their portfolios.\nThe recent court approval for bankrupt crypto firm Genesis to sell $1.3 billion in GBTC shares to repay creditors adds another layer of complexity. While the future trajectory of GBTC remains uncertain, the slowed outflow pace suggests a potential stabilization.", 'While the potential approval of a spot Ethereum ETF has been cited as a reason for Ethereum\'s recent price increase, Grayscale Investments offers a different perspective. In a recentreport, the asset manager suggests the upcoming Dencun upgrade, scheduled for March 13, 2024, is the true driver behind the surge.\nGrayscale analyst William Ogden Moore argues that the market anticipates the upgrade\'s ability to improve transaction throughput and cost reduction, making Ethereum more competitive with faster blockchains like Solana. While bullish on Ethereum, the report acknowledges the cryptocurrency\'s underperformance compared to its sector in 2023, particularly against Solana\'s impressive 900% growth.\nThis bullish stance from Grayscale might be influenced by their ongoing efforts to convert their Ethereum trust into a spot Ethereum ETF. With spotBitcoinETFs already approved, some predict similar approval for the Ethereum equivalent by May 2024.\nBeyond Dencun and potential ETF approval, Grayscale also highlights "net deflationary supply" and "network revenue generation" as factors contributing to Ethereum\'s future. Additionally, the report emphasizes Ethereum\'s potential to recapture lost ground in the smart contract application market. They believe that by becoming more competitive in throughput and cost, Ethereum can attract applications requiring high levels of security and censorship resistance, such as stablecoins and tokenized financial assets.', 'Business intelligence firm MicroStrategy\'s X account has beenhacked, with malicious links posted to a fake airdrop of a so-called "official" Ethereum-based MSTR token. Users who clicked on the links were directed to a copycat MicroStrategy webpage that prompted them to connect their wallets and claim the fake airdrop. Once users granted the necessary permissions, the attackers were able to automatically drain their wallets.\nAccording to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from the scam have already exceeded $440,000. One user alone lost over $420,000 worth of altcoins, including wBAI, CHEX, and wPOKT. The MicroStrategy attacker\'s wallet currently holds over $329,000 worth of Ethereum-based tokens.\nCrypto industry experts have criticized the scam for its obvious nature. MicroStrategy is a firm that is exclusively focused onBitcoin, and it is highly unlikely that it would launch a token on Ethereum. Founder and Chairman Michael Saylor is a vocal Bitcoin proponent, and hascalled the ETF approvals a catalystfor a major bull run.\nMicroStrategy has not yet publicly commented on the hack. However, the company has a history of being targeted by scammers. In 2022, the company\'s CEO, Michael Saylor, was impersonated on social media in an attempt to promote a fake cryptocurrency giveaway. MicroStrategy recentlyannounced a purchase of $37 million worth of BTCin its earnings call, bringing their total holdings to over $8.1 billion.', 'Uniswapgovernanceproposal looks to implement the long-awaited revenue share for UNIstakers, sending shockwaves through theDeFispace. Delta-neutralstablecoinproject Ethena, goes live onmainnet, launching their Shard campaign as well, whileSushilaunches Sushi Bonds, a new way for protocols to bootstrap sticky liquidity.\nTotal Value Locked(TVL) across all chains continue climbing higher, despite weakness across variousaltcoinsand ecosystem tokens. Notable outperformers includezero-knowledge rollup,StarkNet, which saw inflows in anticipation for their incentives program, and Scroll, which saw a similar increase, likely due to an influx ofairdropfarmers after several cryptic tweets by the Scroll team.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the mainnet launch for the controversialBlastL2approaches, The L2 is shaping up to become the second largest L2 by TVL on launch. Ash covers all the main projects building on the Blast testnet so far includingdecentralized exchanges(DEXs),money markets,perpetualDEXs,NFTmarketplaces, GambleFi, games and more.\nUniswap Foundation proposes a governance proposal to implement the fee switch for stakers of the UNI token, in a revolutionary move for the project. While not passed yet, the move has triggered renewed interest in DeFi tokens, which have long seen underperformance against the wider market.\nEthena Labs goes live onEthereumtogether with its Shard Campaign. Users can now earn Shards through holding Ethena’s stablecoin,USDe, providing liquidity for USDepools, staking or locking USDe. These shards are expected to convert to Ethena’s own token once the token is launched.\nOther Product Launches and Updates\n• Frax Financefounder,Sam Kazemian, teases the upcoming snapshot for FXS lockers, leading up to the launch of Frax Finance’s own chain, Fractal. The snapshot will airdrop FXTL points to eligible veFXS stakers.\n• Leverageprotocol,Gearbox, unveils leveraged EigenLayer restaking. ThroughGearbox’s strategies, users can now earn up to 9.5xEigenLayerpoints or 19.5x EtherFi points, depending on the leverage they choose to take on.\n• Liquid restaking protocol,KelpDAO, announces the launch of their point system, Kelp Earned Points (KEP), which users can earn by minting and holdingrsETH, KelpDAO’s restaking token.\n• Bridgingprotocol,Across Protocol, releases Across V3, which brings to the bridge an intents-focused approach to bridging using across-chainsettlement layer and bridge hooks, as well as upgrades to the bridge for a better user experience.\n• Zircuit is now open for staking. Users can deposit selectedliquid staking tokensor liquid restaking tokens to earn Zircuit points. All deposited tokens will continue to earn their respective points and yields, such as EigenLayer Points, staking yields and more.\nMulti-chainDEX, Sushi, announces Sushi Bonds, an alternative toliquidity miningto incentivize more sticky liquidity on protocols while allowing token buyers to purchase tokens on discount. Sushi Bonds are currently live, supporting four projects onArbitrumand one onPolygon.\nBlast announces the winners for the Big Bang competition, which selects some of the most innovative and interesting applications building on Blast. Blast has allocated 50% of the Blast airdrop to these applications, with a large portion allocated to Big Bang winners.\nOther Product Launches and Updates\n• Popular perpetuals DEX,GMX, announces a proposal to introduce a GMX chain, which would useGMXas itsgastoken, to explore various possible expansions for the protocol.\n• MYX Finance launches on Arbitrum, bringing to the chain a new perpetuals DEX, powered by its novel Matching Pool Mechanism to provide zeroslippageand zero borrowing cost trading to its users.\n• Optionsprotocol,Lyra, launches their own wallet, Lyra Wallet, enabling users to onboard more easily, using only their email, Google or Apple accounts to sign up. LyraWalletis powered by Coinbase’s Wallet-as-a-Service product.\n• ModularDeFi L2,Mode Network, releases its L3 chain, Mode Flare, on mainnet. Mode Flare is powered by theOPStack, withCelestiafacilitating itsdata availabilityneeds.\n• DEX aggregator,Matcha, unveils Matcha Auto on Coinbase L2, Base, bringing gasless swaps, faster trade confirmations as well as protection fromMaximal Extractable Value(MEV) attacks to the chain.\nRollApps settlement layer,Dymension, launches the DymensionAutomated Market Maker(AMM), which enablesswappingof tokens across all of Dymension’s supported RollApps. The AMM takes a 0.3% fee, which drives value back to the chain.\nOsmosisnow supportsWrapped BTC(WBTC) natively, with the support of cryptocustodysolution, BitGo. Users can now trade,provide liquidityor lend WBTC on the chain.\nConsenSys-backedzero-knowledgeEthereum Virtual Machine(zkEVM) chain, Linea, kicks off Linea Park, a new campaign to explore gaming and social applications on the chain. Participants can earn Linea XP, which have been utilized in past Linea campaigns as well.\nZero-knowledge rollup, StarkNet, opens claims for the STRK token airdrop this week. Claims will be open until 20 June 2024. 40 million tokens will also be distributed to DeFi protocols on StarkNet as part of their StarkNet DeFi Spring.\nSolanaDEX aggregator,Jupiter, announces an airdrop of $100K in rewards to the top 500 users on the Solana Mobile 2 leaderboard as of the first snapshot. The rewards will be disbursed in March.\nOptimism airdrops more than 10 million OP tokens to eligible NFT creators on the Superchain in the fourth Optimism airdrop. Claim remains open until February 2025.\nDeFi Villain reminds us that despite us technically being in abull market, it still feels difficult to pick a coin to have strong conviction in.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'In its typical cyclical fashion, the crypto market is gearing up for another bull market run. While household names likeBitcoinandEthereumremain safe bets to ride the waves of a bull market, when it comes to crypto, it\'s usually the ones that fly under the radar that make the most significant gains.\nHere are three cryptocurrencies that should be on every investor\'s list if we\'re at the start of a new bull market.\nIt\'s no secret that Bitcoin can really only be used for storing value or as a means of payment. But there\'s one blockchain looking to change that --Stacks(CRYPTO: STX).\nWith its smart contracts and symbiotic relationship with Bitcoin\'s blockchain, Stacks enables users to participate in thedecentralized finance (DeFi)economy but in a Bitcoin-centric fashion. Stacks is a Layer-2 blockchain, and all transactions on Stacks are finalized on Bitcoin, meaning it shares Bitcoin\'s unparalleled levels of security and decentralization.\nMost importantly, though, Stacks is sitting on a multibillion-dollar opportunity. Take Ethereum, for example. Similar to Stacks\' relationship with Bitcoin, there are several Layer-2 solutions built on top of Ethereum. As Ethereum\'s popularity in DeFi has grown, so have its Layer-2 partners. Today, the collective value of all Ethereum Layer-2 blockchains is worth more than $20 billion.\nHere lies the opportunity for Stacks. Bitcoin is 3 times as valuable as Ethereum, and Stacks holds the keys to unlocking this dormant capital. Today, Stacks\' market cap sits at just around $3 billion. If Bitcoin becomes the foundation of a digital economy like Ethereum, then Stacks could see itsvalue soar.\nNo blockchain is perfect. In some way or another, every blockchain makes trade-offs between high speeds/low fees (scalability), security, or decentralization. But there\'s one new project with some serious potential to check all three boxes.\nCreated in 2021,Kaspa(CRYPTO: KAS)utilizes an innovative blockchain design to provide users and developers with the best possible experience. While traditional cryptocurrencies like Bitcoin and Ethereum use linear blockchains where block after block is added sequentially, Kaspa\'s blockchain isn\'t even really a chain. A better representation would be to describe Kaspa as a "blockweb."\nKaspa\'s innovative approach to the blockchain means it can process transactions exponentially faster than traditional blockchains. But most importantly, it doesn\'t make sacrifices in decentralization and security to accomplish this.\nWhile plenty of blockchains out there today boast impressive scalability, none are able to preserve high levels of decentralization and security. But Kaspa comes awfully close.\nThe technicalities can be overwhelming, but suffice it to say Kaspa\'s innovative network allows it to preserve high levels of decentralization and security. In fact, Kaspa was designed with many of the same principles that have made Bitcoin the most secure and decentralized cryptocurrency in the world. Not to mention, it also has a finite supply of coins that will enter the market at a diminishing rate, just like Bitcoin.\nKaspa is still in its early days, making this option extremely speculative, but the project looks promising. Soon, developers will unveil smart contracts, allowing for the construction of innovative decentralized applications commonly found on other blockchains today. If all goes to plan, Kaspa could become the most secure, decentralized, and scalable blockchain all in one.\nProbably the most well-known of the three cryptocurrencies to make this list isPolygon(CRYPTO: MATIC), an Ethereum-compatible Layer-2 blockchain. Launched back in 2017, Polygon has been around for a while, but is likely far from reaching its full potential.\nAs one of the most popular blockchains in the world, Ethereum is prone to slow speeds and high fees when the network becomes bogged down with traffic. Rather than overhauling Ethereum\'s blockchain (which would be a significant challenge), Ethereum developers plan on optimizing the network to increase scalability through Layer-2 blockchains like Polygon.\nWith a clear role in Ethereum\'s future viability, Layer 2s are a lucrative opportunity for investment. Yet, while several Ethereum-compatible Layer 2s exist today, Polygon stands out for various reasons.\nNotably, it has been around the longest and boasts a proven track record of functionality. In addition, it is home to more active users and processes more transactions daily than any other Layer 2. But most importantly, Polygon is building for the future.\nIf all goes to plan, Polygon could become the premier Ethereum scaling solution. Like many aspects of blockchains, the details can be a little complicated, but over the coming year, Polygon will implement an upgrade that will allow developers to build entire new blockchains to suit specific needs. You could almost think of these new blockchains as Layer 3s built on top of Polygon.\nBut since the common thread among these new chains will be Polygon, they will all be interoperable with each other. This flexibility and customization, combined with its Ethereum compatibility, could make Polygon one of the most functional and sought-after blockchains to build on in the digital economy.\nIt can\'t be emphasized enough that these assets are extremely speculative compared to more proven assets like Bitcoin or Ethereum. Although optimistic outlooks assume that all will go to plan and these cryptocurrencies will reach their full potential, many things must go right for this to happen.\nHowever, if targets are reached and goals are achieved, then these cryptocurrencies have the potential to transform portfolios in ways that only cryptocurrencies can. Don\'t be surprised if Stacks, Kaspa, and Polygon become this bull market\'s group of hidden gems.\nShould you invest $1,000 in Stacks right now?\nBefore you buy stock in Stacks, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Stacks wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin, Ethereum, Polygon, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Polygon. The Motley Fool has adisclosure policy.\n3 Under-the-Radar Cryptocurrencies to Buy Before the Bull Market Takes Offwas originally published by The Motley Fool', 'On Monday, crypto platform Anchorage Digital will announce the launch of Porto, its institutional self-custody wallet, the latest product offering from the only digital assets firm to hold a national trust charter with the Office of the Comptroller of the Currency.\nAnchorage’s core offering has long been a white-glove cryptocurrency custody service for institutions like VC firms and sovereign wealth funds, offered through its banking arm. The new launch comes after clients asked for a self-custody solution using Anchorage’s existing technology, cofounder and CEO Nathan McCauley toldFortunein an exclusive interview.\n“Right now, many people look to self-custody solutions to allow them to do a more flexible set of activities on the blockchain,” McCauley said. “We really think of this as expansionary and additive.”\nFounded in 2017, San Francisco–based Anchorage Digital is one of the largest custodians in the digital assets space, safeguarding assets like Bitcoin and Ether on behalf of institutional clients. Its growth has been buoyed by investments from major crypto VCs, including a $350 millionSeries D roundin 2021 backed by a16z Crypto and Blockchain Capital, along with more traditional players likeKKRandGoldman Sachs.\nPart of Anchorage’s success comes from its trust charter approval with the OCC in early 2021, as the term of acting comptroller Brian Brooks came to an end. Other firms, including Paxos and Protego, have not had thesame successunder the current acting comptroller, Michael Hsu.\nWhile other crypto custodians likeCoinbaseand BitGo operate as state-chartered trusts under the New York Department of Financial Services, Anchorage still has the distinction of being the only firm with a national charter—a key differentiation as debate rages over what type of firms will fall under the “qualified custodian” definition currently beingdiscussedat the Securities and Exchange Commission.\nAnchorage’s new offering, Porto, will be offered by Anchorage Digital directly, rather than via its banking arm. Instead of custodying assets on behalf of clients, Porto will allow institutions to hold and handle their own assets, using the same underlying technology as its bank, such as biometric authentication and asset recovery.\nUnlike its Anchorage Bank service, Porto’s self-custodial approach will allow institutions to perform a more flexible set of activities with their assets, such as connecting to distributed apps and collecting rewards. While some asset managers prefer to just hold their cryptocurrencies, others take a more active strategy—such asrestakingandyield farming—to earn returns.\nProviding a self-custodial option to clients could also pose challenges to Anchorage. While its bank can have stricter compliance controls when it manages custodial services for users, overseeing flows of money in and out, a self-custodial solution offers more freedom for users that could trigger anti-money-laundering controls if proposed lawsexpand the definitionof money service businesses to include software like wallet providers—a currentpoint of contentionwith legislators.\nMcCauley argued that with self-custodial options, clients handle compliance themselves. As politicians debate new bills that could create different oversight standards for software providers, he said that Anchorage is monitoring developments and is committed to the “highest level of compliance in the world.”\nPorto launches with support for more than 200 tokens, including Bitcoin, Ether, Aptos, and Sui, as well as Ethereum assets and decentralized apps. McCauley said that by migrating the technology employed at Anchorage’s banking arm to Porto, it will be able to compete with other players because of its usability. For example, Porto will be available through both its iOS and desktop app.\nLike the rest of the crypto industry, Anchorage went through growing pains in 2023 amid a broader market retreat,cutting20% of its staff in March 2023.\n2024 is off to a better start for the sector, and especially for custodial products. Porto will likely add a new source of revenue for Anchorage, which has over $45 billion in assets under custody, according to the company. McCauley said that users will pay subscription and usage fees, compared with its banking custodial service, which charges based on assets under custody.\nAnother bright spot has been the launch ofspot Bitcoin ETFsin January, which created a spotlight around the companies that would offer custody for the underlying cryptocurrencies. The vast majority of the issuers chose Coinbase as their initial partner.\nIn recent weeks, issuers have begun to explore adding secondary custodians, looking to other companies such as BitGo and Gemini. McCauley declined to share whether Anchorage was in discussions with issuers but signaled that it could be a partner in future.\n“We are the natural custodian to choose for ETFs,” he toldFortune.“It stands to reason that every ETF that is holding large amounts of Bitcoin will want to diversify their customer base to best serve their investors.”\nThis story was originally featured onFortune.com', 'This article originally appeared inFirst Mover, CoinDesk\'s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nThe bitcoin(BTC)price was little changed Monday, in line with subdued weekend volatility, with one trader saying it could drop to as low as $47,000."The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days," Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. The CD20 broad market gauge has dropped 0.4% in the past 24 hours. Bitcoin hovered around the $51,500 mark, while ether(ETH)regained $3,100 on the back of the relatively new narrative for spot ether exchange-traded funds (ETFs). After abuoyant weekfor artificial intelligence (AI)- related tokens, prices fell with Worldcoin (WLD) and SingularityNET (AGIX) both losing around 4%. Tokens of Ethereum layer-2 platform Mantlezoomed30% to a lifetime peak at 93 cents. There was no immediately apparent catalyst for the price gains, but it came on the back of mantleETH, a staked version of ether, crossing the $1.5 billion value-locked marklast week.\nU.S.-based forex pioneer Oanda isopeninga U.K. cryptocurrency trading platform registered with the country\'s regulator, the Financial Conduct Authority (FCA), based in London and dubbed Oanda Crypto. It\'s the summation of last year\'s acquisition of a majority stake in FCA-registered Coinpass, and will offer trading in over 63 cryptocurrency pairs, including bitcoin, ether and XRP, with plans to add more tokens and features over the course of the year, the company said. While some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for Oanda, the firm\'s head of digital assets, Lucian Lauerman, said.\nThe core team behinddecentralized finance(DeFi) protocol Frax Financecouldsoon follow the leadingdecentralized exchange(DEX) Uniswap\'sproposal to distributea portion of protocol fees to stakers of its native token, Frax\'s CEO and founder Sam Kazemian told CoinDesk.The ecosystem\'s governance and utility token is(FXS). Users who lock their FXS receive veFXS tokens, allowing them to keep their utility and governance rights. The veFXS tokens can be staked on the Ethereum mainnet and natively on Frax Finance\'slayer 2,Fraxtal. The proposal will recommend sharing protocol revenue with veFXS stakers, Kazemian said in an interview. The community voted to stop revenue sharing in 2022.\n• The chart shows the annualized funding rate for the top 25 cryptocurrencies by market value. The yellow bars represent an annualized percentage rate (APR) of nearly 50%, which indicates excess bullish leverage.\n• The market for most coins looks overheated, with APR nearing 50%.\n• Excess leverage often presages mass liquidations and rapid price corrections.\n• Source: Velo Data\n- Omkar Godbole\n• MicroStrategy\'s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT\n• Blast Ecosystem Sees First Apparent Scam as \'RiskOnBlast\' Rug Pulls $1.3M Ether\n• Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial', 'This article originally appeared inFirst Mover, CoinDesk\'s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nThe bitcoin(BTC)price was little changed Monday, in line with subdued weekend volatility, with one trader saying it could drop to as low as $47,000."The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days," Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. The CD20 broad market gauge has dropped 0.4% in the past 24 hours. Bitcoin hovered around the $51,500 mark, while ether(ETH)regained $3,100 on the back of the relatively new narrative for spot ether exchange-traded funds (ETFs). After abuoyant weekfor artificial intelligence (AI)- related tokens, prices fell with Worldcoin (WLD) and SingularityNET (AGIX) both losing around 4%. Tokens of Ethereum layer-2 platform Mantlezoomed30% to a lifetime peak at 93 cents. There was no immediately apparent catalyst for the price gains, but it came on the back of mantleETH, a staked version of ether, crossing the $1.5 billion value-locked marklast week.\nU.S.-based forex pioneer Oanda isopeninga U.K. cryptocurrency trading platform registered with the country\'s regulator, the Financial Conduct Authority (FCA), based in London and dubbed Oanda Crypto. It\'s the summation of last year\'s acquisition of a majority stake in FCA-registered Coinpass, and will offer trading in over 63 cryptocurrency pairs, including bitcoin, ether and XRP, with plans to add more tokens and features over the course of the year, the company said. While some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for Oanda, the firm\'s head of digital assets, Lucian Lauerman, said.\nThe core team behinddecentralized finance(DeFi) protocol Frax Financecouldsoon follow the leadingdecentralized exchange(DEX) Uniswap\'sproposal to distributea portion of protocol fees to stakers of its native token, Frax\'s CEO and founder Sam Kazemian told CoinDesk.The ecosystem\'s governance and utility token is(FXS). Users who lock their FXS receive veFXS tokens, allowing them to keep their utility and governance rights. The veFXS tokens can be staked on the Ethereum mainnet and natively on Frax Finance\'slayer 2,Fraxtal. The proposal will recommend sharing protocol revenue with veFXS stakers, Kazemian said in an interview. The community voted to stop revenue sharing in 2022.\n• The chart shows the annualized funding rate for the top 25 cryptocurrencies by market value. The yellow bars represent an annualized percentage rate (APR) of nearly 50%, which indicates excess bullish leverage.\n• The market for most coins looks overheated, with APR nearing 50%.\n• Excess leverage often presages mass liquidations and rapid price corrections.\n• Source: Velo Data\n- Omkar Godbole\n• MicroStrategy\'s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT\n• Blast Ecosystem Sees First Apparent Scam as \'RiskOnBlast\' Rug Pulls $1.3M Ether\n• Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial', "The largest corporate owner of bitcoin {{BTC}}, MicroStrategy (MSTR) has purchased an additional 3,000 tokens for $155 million, bringing the company's total holdings up to 193,000 coins.\nThese new buys were made between Feb. 15 and Feb. 25 and the tokens were acquired at an average price of $51,813 each, according toan SEC filing. The company now holds 193,000 bitcoin purchased for $6.09 billion, or an average price of $31,544 each,tweeted Executive Chairman Michael Saylor.\nWith bitcoin currently trading at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion.\nMSTR shares are currently up 1.1% in pre-market trading to $695.", "The largest corporate owner of bitcoin {{BTC}}, MicroStrategy (MSTR) has purchased an additional 3,000 tokens for $155 million, bringing the company's total holdings up to 193,000 coins.\nThese new buys were made between Feb. 15 and Feb. 25 and the tokens were acquired at an average price of $51,813 each, according toan SEC filing. The company now holds 193,000 bitcoin purchased for $6.09 billion, or an average price of $31,544 each,tweeted Executive Chairman Michael Saylor.\nWith bitcoin currently trading at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion.\nMSTR shares are currently up 1.1% in pre-market trading to $695.", 'Avail, among a handful of new "data availability" blockchain projects designed to handle transaction data produced by the increasingly sprawling networks, announced on Monday a $27 million fundraising led by the venture capital firms Founders Fund and Dragonfly.\nAvail, spun out of Polygon in March 2023 and is led by a Polygon co-founder, Anurag Arjun, will use funds from the seed round to develop three of core products: its data availability solution (DA), Nexus and Fusion, collectively marketed as the “Trinity.”\nAvail DA,the first core component,offers data space data for auxiliary "layer-2 networks" or "rollups" designed to handle transactions faster and cheaper than on base blockchains like Ethereum. The new DA project is expected to go live early in the second quarter of 2024.\nThe emergence of these data availability solutions has become one of the most hotly discussed trends in crypto, since they could help to turn blockchain systems architecture into a more "modular" design, where core functions like transaction execution and data processing could be handled separately.\nThey came into the limelight last year with projects like Celestia, whichwent live in October, and EigenDA, currently in development. The latter project is being developed by EigenLabs, the firm behind the restaking protocol EigenLayer, which last weekraised $100 millionfrom the venture capital firm a16z to keep building out its products.\nAvail Nexus is a “zero-knowledge, proof-based coordination rollup on Avail DA,” meaning that it will operate as an infrastructure layer that connects different rollups through the Avail ecosystem to talk to one another, according to a press release seen by CoinDesk. It will “act as the verification hub, which unifies a wide array of rollups both inside and outside the Avail ecosystem, utilizing Avail DA as the root of trust.”\nThe project\'s “Fusion Security” will take crypto assets like bitcoin (BTC) and ether (ETH) and contribute to the security of the Avail ecosystem.\nNexus’ first iteration is expected to go live during 2024, while Fusion Security will be ready in 2025, according to the company.\nThe rollups space on Ethereum is fragmented, with major teams competing for many of the same users.\nArjun, the Avail co-founder, argues that there is a need to work together with these rollups in order to make the user experience more unified.\n“You really need a credible third party like Avail to come and work with all these teams,” Arjun told CoinDesk in an interview. “We essentially want to be that unifying factor in that sense, and we have built out a technology so that it can enable these kinds of changes.”\nRead more:Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up', 'Approved distribution readies Cipher for its next chapter of growth with a more diversified shareholder base\nAMSTERDAM,Feb. 26, 2024/PRNewswire/ --\xa0Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced the shareholder approval of the non-dilutive distribution of approximately 126 million common shares currently held by Bitfury in Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher")in accordance with plans that were previously outlined.\nOf these 126 million common shares of Cipher, approximately 107 million shares will be distributed by Bitfury to its long-term shareholders on a pro rata basis, including approximately 50 million shares being distributed to the majority owner of Bitfury, V3 Holding Limited (a holding company wholly-owned by Bitfury\'s CEO), and approximately 57 million shares being distributed in the aggregate to approximately 50 other Bitfury shareholders. The company believes these are shareholders that support Bitfury and now may benefit from having direct exposure to the competitive advantages of Cipher\'s business model, particularly going into the next halving cycle in the coming months.\nIn addition to the pro rata distribution described above, approximately 18.5 million shares will be reserved for the benefit of former and current Bitfury employees, contractors and advisors.\nThe distribution of approximately 107 million shares and 18.5 million shares being allocated to employees, contractors and advisors will reduce Bitfury\'s stake in Cipher to approximately 50 million shares as part of a strategically planned effort to reduce Bitfury\'s ownership concentration in Cipher priming its successful spin off for its next stage of growth.\nThe following table shows Bitfury\'s estimate of the approximate general concentration of ownership\xa0in Cipher\'s shares before and after the distribution (share numbers in millions):\n[["", "(shares)", "(\\u00a0%)", "(shares)", "(\\u00a0%)", "(shares)", "(\\u00a0%)"], ["Bitfury", "175.8", "68.4\\u00a0%", "68.5", "26.6\\u00a0%", "50.0", "19.5\\u00a0%"], ["V3 Holding Limited(1)", "0", "0.0\\u00a0%", "50.3", "19.6\\u00a0%", "50.3", "19.6\\u00a0%"], ["Free Float", "81.3", "31.6\\u00a0%", "138.2", "53.8\\u00a0%", "156.7", "61.0\\u00a0%"], ["Total Shares Outstanding(2)", "257.1", "100.0\\u00a0%", "257.1", "100.0\\u00a0%", "257.1", "100.0\\u00a0%"], ["", "", "", "", "", "", ""], ["(1)Counting only shares owned directly, excluding beneficial ownership of shares owned by Bitfury.(2)257,057,496 shares of Common Stock outstanding as of December 8, 2023, based on (i) 254,660,072 shares of Common Stock outstanding as of November 6, 2023, as disclosed in Cipher\'s Quarterly Report on Form 10-Q and (ii) Cipher\'s issuance of 2,397,424 shares of Common Stock on December 8, 2023, as disclosed in Cipher\'s Current Report on Form 8-K filed with the SEC on December 8, 2023"]]\nV3 Holding Limited is expected to beneficially own approximately 46% of the outstanding shares of Cipher following the distribution of approximately 107 million shares and reducing it to approximately 39% following the distribution of approximately 18.5 million shares, including both the shares V3 Holding Limited receives in the pro rata distribution and the shares which are retained by Bitfury.\nBitfury believes that none of its other shareholders will hold positions of more than 5% of Cipher\'s shares as a result of the distribution.\nThe pro rata distribution process of approximately 107 million shares is expected to commence today and to be largely completed in the coming weeks, with the distribution of the approximately 18.5 million shares expected to be completed in the next few months.\nVal Vavilov, CEO of Bitfury,commented on today\'s news, "Bitfury has served as an incubator for Cipher, transferring the knowledge we\'ve accumulated during more than 10 years of building and operatingBitcoinmining data centers all around the world, with the end goal always being to provide the firm with the financial and operational freedom via a diversified shareholder base. Cipher is a great example of the value we can provide to our portfolio of incubated companies, and I believe this move will yield positive results for both Bitfury and Cipher shareholders alike."\nTyler Page, CEO of Cipher,commented, "We are excited about these upcoming changes to the Cipher capital table. The market can now look beyond technical issues of our shareholder base, and focus instead on the enormous fundamental value in our stock, driven by our best-in-class power structure, our clear path to growth, and our proven execution."\nAbout BitfuryBitfury is the world\'s leading full-service blockchain technology company. Since our founding in 2011, Bitfury has built on its heritage as one of the earliestBitcoinminers and providers ofBitcoinmining equipment to develop a suite of infrastructure products and services that power the Web 3.0 ecosystem and make digital assets safe, sustainable, and useful. From hardware to security to software, our businesses leverage today\'s cutting-edge technologies to solve the most pressing challenges of tomorrow.\nTo learn more about Bitfury, please visithttps://bitfury.com/\nAbout CipherCipher is an emerging technology company focused on the development and operation ofbitcoinmining data centers. Cipher is dedicated to expanding and strengthening theBitcoinnetwork\'s critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader inbitcoinmining growth and innovation.\nTo learn more about Cipher, please visithttps://www.ciphermining.com/\nForward Looking Statements\nThis press release contains certain forward-looking statements within the meaning of the federal securities laws ofthe United States. Cipher intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of or additionalbitcoinmining data centers, expectations regarding the operations of mining centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words "may," "will," "should," "expects," "plans," "anticipates," "could," "seeks," "intends," "targets," "projects," "contemplates," "believes," "estimates," "strategy," "future," "forecasts," "opportunity," "predicts," "potential," "would," "will likely result," "continue," and similar expressions (including the negative versions of such words or expressions).\nThese forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher\'s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher\'s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") onMarch 14, 2023, and in Cipher\'s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.\nBitfury Media [email protected]\nCipher Investor Contact:Josh KaneHead of Investor Relations at Cipher [email protected]\nCipher Media Contact:Ryan Dicovitsky/Kendal TillDukas Linden Public [email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bitfury-group-announces-approval-of-distribution-of-cipher-mining-inc-shares-302071123.html\nSOURCE Bitfury', 'In this article, we discuss the 10 stocks that will make you rich in 2024. To skip the detailed analysis of the recent events in the financial markets and expert outlook, go directly to the5 Stocks That Will Make You Rich In 2024.\nSo far, the Fed’s efforts have managed to contain the inflation and is expected to push the US economy toward a soft landing rather than arecessionlike the European countries such as the U.K. and Germany experienced.\nLast year was another strange year for the market as it was believed that the US economy would go into a recession. However, the complete opposite happened, and the S&P 500 was able to manage gains of over 25%. While it is believed that growth stocks usually perform well during interest rate cuts and have bearish outcomes during economic downturns, the economy was saved by the technology sector, which is dominated by growth stocks. Companies like Nvidia and Meta saw triple-digit growth and are still up 63.63% and 39.78% year-to-date (YTD) at the time of market closing on February 23.\nIt is important to note that while it is a popular belief that AI and semiconductor stocks were the top performers of the year, it is not entirely true.Blockchainand crypto news were wildly overshadowed by the AI revolution. Some of the best-performing ETFs included Global X Blockchain ETF (BKCH) and Valkyrie Bitcoin Miners ETF (WGMI). However, cryptocurrencies have shown a significant amount of volatility in the first two months of the year.\nWhile the Fed has not been clear on its rate-cutting position in 2024, experts believe that it might start in the first half of the year, which means that growth stocks might make you rich in 2024. Although experts still have mixed opinions about the current year, you can still take a look at14 Best Beaten Down Stocks To Buy Right Now, which also contains a list of stocks with the potential to make you rich in 2024.\nEven though 2023 was a great year for the market, many analysts believe that the current year might not be as great and should be an average year. It shouldn’t come as a surprise as the news of a soft landing has been spreading around. The “average year” analysis is provided by Morgan Stanley, which believes in it due to normalizing financial conditions, excessive valuations, and a few other factors. The firm suggestsmaintaining a preferenceforvalue stocksas compared togrowth stocksat least till the first rate cut by the Federal Reserve.\nOn the other hand, B.Riley and JP Morgan have quite bullish views about the future of the market. One of their main concerns is the over-valuation of stocks due to the 2023 rally. JP Morgan warns about a potential 20% to 30% dip in the market, while B. Riley Strategist Paul Dietrich predicts amild recession, which could steer the market toward a 40% decline.\nWhile most analysts believe in a mediocre market performance this year, there are still some investments that can make you rich. For this purpose, we created a list of stocks that could make you rich in 2024, and some of them include Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD).\nA financial analyst looking through a microscope at stocks to determine their market value.\nOur Methodology\nFor this article, we chose the 10 stocks that will make you rich according to the consensus opinion of financial media websites such as The Motley Fool, Kiplinger, and Moneycontrol in addition to financial services firms like Morningstar and some experts. We chose the stocks that were mentioned by at least three different sources and then listed them according to their hedge fund sentiment as of the fourth quarter of 2023.\nThe hedge fund data was taken from Insider Monkey’s database that tracks 933 elite hedge funds. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 24\nSymbotic Inc. (NASDAQ:SYM) is a Massachusetts-based company that constructs and operates automated warehouse systems using AI-powered software.\n11 Wall Street analysts covered Symbotic Inc. (NASDAQ:SYM) over the past three months, and 9 maintained a Buy rating on the stock. As of the February 23 market close, the average price target of $53.44 represented an upside of 32.28%.\nOn February 7, DA Davidson analyst Matt Summerville upgraded the rating of Symbotic Inc. (NASDAQ:SYM)’s stock to Buy from Neutral with an unchanged price target of $50.\nSymbotic Inc. (NASDAQ:SYM) is one of the stocks that will make you rich in 2024, along with Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD).\nNumber of Hedge Fund Holders: 29\nSoFi Technologies, Inc. (NASDAQ:SOFI) provides financial services and products, including credit cards, investing, and more.\nAccording to Insider Monkey’s database that tracks 933 hedge funds, hedge fund sentiment was positive toward SoFi Technologies, Inc. (NASDAQ:SOFI) as 29 funds had a total stake value of $697.437 million in Q4, up from 24 hedge funds with a combined stake value of $499.934 million in Q3. Jim Davidson, Dave Roux And Glenn Hutchins’Silver Lake Partnerswas the top investor in the company, with 31.154 million shares worth $309.984 million.\nOn January 29, SoFi Technologies, Inc. (NASDAQ:SOFI) reported its Q4 earnings result with a non-GAAP EPS of $0.02. The revenue jumped 34.0% year-over-year (YoY), surpassing the estimates by $22.74 million.\nNumber of Hedge Fund Holders: 31\nLi Auto Inc. (NASDAQ:LI) is a Chinese company that produces new energy passenger vehicles (NEV).\nOn February 1, Li Auto Inc. (NASDAQ:LI) reported that its January deliveries increased by 105.8% YoY to 31,165 vehicles. Xiang Li, chairman and chief executive officer of the company, mentioned that the company is aiming to reach 800,000 annual deliveries this year.\nOver the last three months, 4 Wall Street analysts covered Li Auto Inc. (NASDAQ:LI), and all kept a Buy rating o Last 60 Days of Bitcoin's Closing Prices: [42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-26 Financial & Commodity Data: - Gold Closing Price: $2028.50 - Crude Oil Closing Price: $77.58 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,009,702,551,812 - Hash Rate: 540324029.7322387 - Transaction Count: 356184.0 - Unique Addresses: 620435.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Spot bitcoin ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers. TheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data. Each of those totals is larger than the next seven spot bitcoin exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less. [{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}] The outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S. And as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space. As expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate. Since its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund. The outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains. On the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon. Still, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets. If bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million). The task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Subushie', 'The United States health care system was attacked this week Pt.2: ConnectWise', 73, '2024-02-26 00:34', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '^(This sub is described to be for discussions about issues which have captured your imagination; this story has been a fun ride and certainly did for me. There is this whole underground criminal ecosystem that just runs in the background, raking in hundreds of millions of dollars a year, and almost no one really knows it\'s happening. I wrote this on 02/24; and was on the fence about publishing it- but at the least, you will enjoy this story too. In this post, I offer articles available to everyone in the timeline they occurred over the last week. Additionally, I am only moderately educated in tech- so some of the jargon I use may not be the usual standard. At the end of the day, the conspiracy here is that I believe these stories are brushed under the rug because of how serious of a threat this really is; conclusions about the situation I outline here and its potential outcome I leave to you.)\n\n\n\n>‘It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, it\'s watching the internet burn and trying to respond and remediate the best we can. We\'re watching the world burn.’ \n> \n>John Hammond \nPrincipal Security Researcher at threat hunting firm Huntress \n02/23.\n\n# 02/19 Not a Bug, a Feature\n\nOn February 13th, a crowdsourced research team reached out to major IT company ConnectWise explaining a Proof of Concept (PoC) vulnerability within the company\'s flagship product ScreenConnect; the PoC outlines that these servers could be breached using a very simple flaw that allows hackers to create an Administrative account inside the server; by creating an administrative account, the hacker is then able to essentially do whatever they want with the machines connected to them. ScreenConnect servers host hundreds of thousands of endpoints (other PCs) across the world, the majority of these servers are used by local governments, emergency systems, and healthcare organizations.\n\nThis flaw is being tracked as CVE-2024-1709 (also called "the ScreenConnect Authentication Bypass") and described in a security bulletin by ArcticWolf as "embarrassingly easy" to execute. A video here posted on 02/20 shows how simple it is to accomplish- the ethical hacker finishes the exploit\'s steps in under 30 seconds and ends with "PLEASE PATCH". A detailed analysis of the bug by Huntress says\n\n>Once you have administrative access to a compromised instance, it is trivial to create and upload a malicious ScreenConnect extension to gain Remote Code Execution (RCE). *This is not a vulnerability, but a feature of ScreenConnec*t, which allows an administrator to create extensions that execute .Net code as SYSTEM on the ScreenConnect server\n\nCVE-2024-1709 has been listed to have a Common Vulnerability Scoring System (CVSS) score of 10. IT experts use the CVSS to identify the scope and impact.\n\n>It is very common to see vulnerabilities with a base score of 9.8, but much less common to see any with CVSS 10.0. The difference in CVSS score is primarily due to the scope metric.....A vulnerability with CVSS 9.8 has the most severe exploit-ability and impact metrics, but its impact does not extend beyond the vulnerable component. However, while a vulnerability with CVSS 10.0 also has the most severe exploit-ability and most often the highest impact metrics, its impact extends also beyond the vulnerable component.\n\nConnectWise posted a public notice on February 19th, recommending that clients update to a new patch (23.9.8) that corrected this issue. Prior to this update (which is now being offered for free as of 02/23) clients needed to pay a monthly maintenance fee to continue to receive updates. By the end of the day Monday, several thousands online-connected servers were identified to still be operating on patch 23.9.7 or earlier. Making these servers and all their endpoints vulnerable to intrusion.\n\n# 02/20 Operation Cronos\n\nThe United States\' Cybersecurity and Infrastructure Security Agency (CSIA), Federal Bureau of Investigations (FBI), The National Crime Agency (NCA), in a joint effort with 9 other countries; released information about the completion of a few year investigation code-named \'Cronos\' into a online cyber-gang named "LockBit" that specializes in Ransom as a Service (RaaS) attacks. Operation Cronos reportedly resulted in international arrests, shuttered 35 servers in the UK and US, 2 official arrests, and seizure of millions in crypto currency assets.\n\nAuthorities digging through the Bitcoin addresses are beginning to think the organization may have generated more than $1 billion in ransom since it\'s inception 4 years ago because of the \\~20% cut they usually take with their investors; meaning the seized cryptocurrency likely amounted to significantly more in actual income.\n\nRansomware as a Service\n\nOver the years cyber-gangs like LockBit have acted as threat actors for nation-state governments such as Russia, Korea, China, and Iran. The service they provide works like this:\n\n1. A entity hires a Cyber gang like LockBit to attack vulnerabilities in systems when they become available. The hiring entity pay a small commission to the cyber-gang, and then they get to work.\n2. The hackers install malware with these vulnerabilities that encrypts the victim\'s entire drive aside from the base configuration files. Allowing the user to still have access to their computer; but losing their data. The user is then prompted with an ominous message explaining the situation, and that they have a certain amount of days to pay LockBit or their information will be lost permanently.\n3. If the victim pays the attackers in time; the money is split with the entity that hired them and the decryption key is provided to the victim. If the allotted time passes with no payment or action, the victim loses their chance to recover the data on their drive. Their organization still profits as they keep the initial contract fee and will now attempt to sell the victim\'s data online.\n\n[The LockBit 3.0 Ransom screen](https://preview.redd.it/wqh6faqdftkc1.jpg?width=763&format=pjpg&auto=webp&s=bc3d6fa68a295011c2e891ac6f9afa84ce1776e1)\n\nDepending on the victim, these costs can be rather "reasonable" compared to something you\'d expect in a movie; that\'s because they want you to actually be able to pay. They usually target companies that would provide valuable data to sell if payment isn\'t sent; but individual users have been attacked as well. They also do not usually attack the same place twice- all in the pursuit of handling this business professionally so they do not damage their "reputation"; and again, it\'s just so they will get paid. They usually do; this is because these organizations operate out of countries such as Russia, where these crimes are not against-the-law when they are targeted at western countries.\n\nAdjacent cyber-gangs that also offer similar services include names like Cl0p, Akira, Play, ALPHV/Blackcat, and Rhyside.\n\n[DoT Sanction Press Release](https://preview.redd.it/ekcz6ba1htkc1.jpg?width=1543&format=pjpg&auto=webp&s=22077c8b70be492f33789a217031ccf84cee14ee)\n\nThe US Department of the Treasury and the Office of Foreign Assets Control posted trade sanctions that afternoon against hackers Ivan Kondratiev and Artur Ravilevich; announcing that any US based assets in their name would be seized and must be reported to the OFAC, anyone caught conducting trade with these individuals would be subject to arrest and potentially have the same sanctions posted on them. Additionally they posted a listing containing what they said to be the names of every individual associated with the cyber-gang.\n\n[List of LockBit affiliates released by Operation Cronos 02\\/21](https://preview.redd.it/0kpwkrugftkc1.png?width=1689&format=png&auto=webp&s=0e83dfc62dd58f51dfa2b15f19082a13975c1c0d)\n\nThe Cronos strike team claimed they only released one name per individual, with the reason they\'ve shared it is to prove to the LockBit gang that they know who they are, and they are coming for them.\n\nIn addition to the seizures and arrests; Japan\'s National Police Agency claimed they were able to create a free decryptor for the LockBit 3.0 malware or LockBit Black from the software found in the confiscated hardware, and is asking that any victims of this malware reach-out for assistance in unlocking their data.\n\nTokyo-based cybersecurity firm Trend Micro which assisted with the Project Cronos LockBit investigation also had this to add\n\n>The ransomware operation was working on the "next-generation" crypto-locking malware, dubbed *LockBit-NG-Dev*, "which could be an upcoming version the group might consider as a true 4.0 version once complete,"\n\nThe language suggests that although 3.0 was used to create a decryptor, this is not the case with the new LockBit-NG-Dev variant.\n\nLockBit Ethics\n\nLockBit in the past has explained they have strict rules as to what targets are allowed by their members; one of those being that Hospitals are strictly off the table-\n\nIn December 2022, a LockBit member attacked a the Toronto Children\'s hospital SickKids. LockBit shortly after provided the decryption key to the hospital and released an apology statement on Twitter.\n\n>We formally apologize for the attack on sikkids(.)ca and give back the decryptor for free, the partner who attacked this hospital violates our rules, is blocked and is no longer in our affiliate program.\n\nHowever now, the crime organization has appeared to have backtracked on those rules. In late January 2024, two Chicago hospitals were attacked using the LockBit software. On January 31st, the hospital\'s data was posted to their catalog with the remaining time left for the hospitals to pay, the ransom price ($895,294 USD), and the first few sentences of the description of the hospital\'s data\n\n[Screenshot captured from LockBit stolen data listing - Jan, 31st, 2024](https://preview.redd.it/u87klt4jftkc1.jpg?width=384&format=pjpg&auto=webp&s=40391d03a05db916c850fd673b1043abe7aa56f1)\n\nThe listing appears to have captured a new perspective the LockBit organization has taken up in regards to the United States\' Healthcare system.\n\nLater that day- Yossi Rachman senior Director of Research at Semperis; a IT security and recovery platform told InformationWeek:\n\n>*It is possible individuals involved with LockBit could attempt to reorganize under the same name or a different name. It is also possible they will seek retaliation after the disruption of operations.\n\n# 02/21 A $15 Million Reward\n\nThe morning of February 21st, Unitedhealth Group; a mega-corporation that deals primarily in medical services. Submitted a 8-K Form to the Security Exchange Commission explaining an ongoing situation in relation to one of their child companies Change Healthcare:\n\n>(United Healthgroup) identified a suspected nation-state associated cyber security threat actor had gained access to some of the Change Healthcare information technology systems. Immediately upon detection of this outside threat, the Company proactively isolated the impacted systems from other connecting systems in the interest of protecting our partners and patients, to contain, assess and remediate the incident.\n\nChange Healthcare hosts services that handle mission critical data such as medical delivery logistics, financial data/transactions, insurance claims, and storage of electronic medical health records which amount to 85 million patients in the US (25% of the population) among dozens of other services. These services handled 15 billion medical related transactions last year alone. Change Healthcare is also the sole provider for prescription medications to the United States\' military worldwide, and handles data services for these bases as well.\n\nTricare news, an official military medical news source posted an announcement from "Military Health System Communications" not long after the SEC submission.\n\n>On Feb. 21, Change Healthcare disconnected their systems to protect patient information. This is impacting all military pharmacies worldwide and some retail pharmacies nationally.\n\nA post from Navel Hospital Camp Pendleton corroborated this statement with a bulletin to their official website\n\n>A reported cyberattack on the nation’s largest commercial prescription processor, Change Healthcare, has affected military clinics and hospitals worldwide.\n\nAfter Unitedhealth Group submitted the SEC form- The United States\' Department of State posted a reward for information up to $15 million USD for any tip that leads to the arrest of a LockBit associated affiliate.\n\n[Reward for Information posted by Department of State 02\\/21](https://preview.redd.it/3j2d7helftkc1.jpg?width=1310&format=pjpg&auto=webp&s=023da34a22deba04286f1f238126c549d83132f3)\n\nThe Bugs Out the Bag\n\nIT security newsletter TechCrunch talked to ConnectWise spoke person Amanda Lee that afternoon. Amanda declined to say how many of their customers had been attacked by this point; but said that ConnectWise has seen "limited reports" of suspected intrusions. She added\n\nWe have received updates of compromised accounts that our incident response team have been able to investigate and confirm (were attacked).” but also said that "there has been no data exfiltration reported to us.\n\nIn contrast- Cybersecurity Company Huntress\' CEO Kyle Hanslovan told TechCrunch\n\n>I can’t sugarcoat it — this shit is bad. We’re talking upwards of ten thousand servers that each control hundreds of thousands of endpoints\n\nNoting that as of that time Huntress\' telemetry could identify 8,800+ ConnectWise servers that still remain vulnerable to the CVE-2024-1709 exploit (This number was corroborated by the Censys platform; another Cybersecurity agency), and added\n\n>Due to the sheer prevalence of this software and the access afforded by this vulnerability signals we are on the cusp of a ransomware free-for-all.\n\nWhen ConnectWise posted the advisory on Monday 02/19 regarding the ScreenConnect Authentication Bypass; the information as to the extent of the defect was vague and did not provide details on how serious of an exploit this is. Their excuse for not releasing the specifics was:\n\n>There should not be public details about the vulnerability until there had been adequate time for the industry to patch. It would be too dangerous for this information to be readily available to threat actors.\n\nUnfortunately, by end of day 02/21; information on how to utilize the exploit was already being regularly shared and discussed.\n\n# 02/22\n\nAround 1pm CST; a nonprofit security organization called Shadowserver, which declares itself to be "altruistically working behind the scenes to make the internet more secure for everyone" posted an update to Twitter about an analysis from the previous day:\n\n>We\'ve improved the scanning/detection for vulnerable instances of ConnectWise ScreenConnect (CVE-2024-1709/CVE-2024-1708) - we now see over 8200 vulnerable instances (on 2024-02-21).\n\n[Shadowserver Map displaying vulnerable servers](https://preview.redd.it/hkghic6wftkc1.jpg?width=3008&format=pjpg&auto=webp&s=a749442e2f5b8ad1581416c906d920452e66e17a)\n\nAs Shadowserver is a third-party investigator, these 8,200 instances are publicly-visible servers and are open to attack; any seasoned hacker would be able to easily find and exploit these machines. Shadowserver also added that 643 IP addresses had already been attacked at the time of their review which was handled the previous day.\n\nGovernment Info Security, a cyber security newsletter posted that the official LockBit leak site (a site the crime organization used to make threats, list their victim\'s information, and release public statements) was then seized by the Operation Cronos team.\n\n[The LockBit victim data listing site on 02\\/22](https://preview.redd.it/f9yfwzjpftkc1.jpg?width=1391&format=pjpg&auto=webp&s=819a15d590ab661500fefaf3860eac5b970532d2)\n\nShortly after the seizure, authorities posted to the leak website that they had identified, but only referred for removal of more than 14,000 email accounts. Accounts hosted by peer-to-peer email encryption providers like Mega, Tutanota, and Protonmail.\n\nApply the patch, or throw it away\n\nIn an Alert posted by CISA addressed to ConnectWise clients, they write\n\n>Apply mitigations per vendor instructions or discontinue use of the product if mitigations are unavailable before February 29th\n\nJohn Hammond; principal security researcher at threat hunting firm Huntress told CRN\n\n>“This demonstrates the severity and the impact that we do really need to take this one seriously,” Hammond said. “They\'ve updated it now to include that they are seeing it used to deploy ransomware. It’s very, very stern,” he added. “They’re saying, ‘Take care of this right now or pack it up and put it away.’ They’re trying to talk to the whole world or any business that uses this on-premise instance. It’s a slap in the face, the wake-up call, that says take action now or seriously just pull it off the shelf.”\n\nPatrick Beggs, ConnectWise CISO, told CRN Friday in an apparent attempt to mitigate perception of the situation\n\n>We uplifted the \\[cloud\\] version. Sometimes the version updates just weren\'t showing, it’s literally that simple. There were a few glitches and we had to kind of re-push and then it happened.\n\nBut because every on-site server hasn’t been updated, exploits have now been reported.\n\nHammond, however, believes the exploitation to be a large cyberattack.\n\n>We were not going to release our proof of concept because that\'s just enabling threat actors,” Hammond said. “Then a proof of concept got out. It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, it\'s watching the internet burn and trying to respond and remediate the best we can. We\'re watching the world burn.\n\nSlashAndGrab\n\nBy mid-day Wednesday, the tech community began to identify a series of reported attacks using the ScreenConnect Authentication Bypass exploit in conjunction with another ScreenConnect defect tracked as CVE-2024-1708. This technique was labeled the "SlashAndGrab".\n\nA technical Analyst Max Rogers working with a team including Analysts from Huntress Labs identified that critical systems such as Vet Offices, Health Clinics, and Local governments were being actively attacked using the LockBit malware and other techniques\n\n[Technical Analyst Max Rogers\' post to X](https://preview.redd.it/qc0601qsftkc1.jpg?width=594&format=pjpg&auto=webp&s=981c41a5bdfe37f4f346af67ed296b8c6d9a29a6)\n\nIn a post on BleepingComputer a tech related news source, described a report from Sophos, a Security management and operations company:\n\n>On February 22, 2024, Sophos X-Ops reported through our social media handle that despite the recent law enforcement activity against the LockBit threat actor group we had observed several attacks over the preceding 24 hours that appeared to be carried out with LockBit ransomware, built using a leaked malware builder tool\n\nAccording to another BleepingComputer report; an ex-LockBit developer released the LockBit 3.0 software to GitHub available to the public in 2022. Sophos suggest that the attacks they are seeing are variants of this version.\n\n>It appears that our signature-based detection correctly identified the payloads as ransomware generated by the leaked LockBit builder, but the ransom notes dropped by those payloads identified one as “buhtiRansom,” and the other did not have a name in its ransom note.\n\nAs the night faded into the next day- the amount of attacks increased.\n\n# 02/23 A Free for All\n\nIn Sophos X-Ops director Christopher Budd told Madrastribune a tech newsletter based out of the UK\n\n>We’ve seen multiple attacks involving ScreenConnect in the past 48 hours. The most noteworthy has been a malware that was built using the LockBit 3 ransomware builder tool leaked in 2022: this may not have originated with the actual LockBit developers. But we’re also seeing RATs \\[remote access Trojans\\], infostealers, password stealers and other ransomware. All of this shows that many different attackers are targeting ScreenConnect\n\nThe majority of these hackers were able to successfully install administrative accounts on the servers being attacked.\n\nOn an upbeat note; Sophos states in an official report on the situation:\n\n>most of the post-compromise activities we have documented in this article aren’t novel, original, or outstanding. Most threat actors simply don’t know what to do beyond the same usual, procedural tradecraft; cybercriminals are rarely sophisticated, and the infosec community can beat them together.\n\n^((That link I have attached above to the Sophos official report about SlashAndGrab is actually a really interesting read; they go on to explain the different types of attacks they witnessed during the free for all and explain how they worked. I recommend it.))\n\nIn a report by BleepingComputer; at this point 119 Change Healthcare and Optum services were experiencing outages due to attacks utilizing the SlashAndGrab vulnerability; as I described before, each of these services are mission critical to the medical infrastructure, and especially so to the US Military.\n\nColumbia University shuttered their website due to ties to with Unitedhealth and Optum healthcare\n\n[Columbia University Bulletin](https://preview.redd.it/pik5doh1gtkc1.jpg?width=1254&format=pjpg&auto=webp&s=9ab2e23e07a65b40cdfe51164e5a97d7e835ddf2)\n\nIn a email to their employees Columbia University states\n\n>Additionally, to minimize the risk this external cyber security event presents to our computing environment, we have taken the extraordinary precaution of blocking email from the following domains: Optum, Changehealthcare, Caremount, Unitedhealthgroup, Uhc, and Uhg\n\nAs the day went on- cyberattack related reports began to pour i\n\n State of Emergency - Oakley, California\n* City Computer Infrastructure - Pleasant Hill, California\n* Royal Canadian Police Force\n* I linked almost a dozen other articles here originally, but they broke the character count.\n\n^((News from the rest of the day became sleepy... And so did I))\n\n# 02/24 LockBit Comes Back Online\n\nDespite having it\'s servers and millions of dollars in assets seized. LockBit reestablished its Dark Web Data Leak site.\n\nLockBitSupp, the gang\'s apparent leader- posted a update to their page, along with brand new stolen data that could very well have occurred during the ScreenWise error. They go on to say that authorities didn\'t actually make a decryption tool for LockBit Black as Operation Cronos claimed, but instead captured 1,000 decryption keys that the team may use to help those specific victims (if they can find them).\n\nThe lengthy missive says that was only 1k of 20k existing decryption keys; and that additionally, no servers were actually seized as a result of Operation Cronos. But instead the information that the strike team obtained was from using a PHP zero day default, and utilized that vulnerability to appear as though the operation was a success.\n\n[A post from LockBitSupp 02\\/24](https://preview.redd.it/0xx5yq34gtkc1.jpg?width=731&format=pjpg&auto=webp&s=339f514d4dafb86b748667611fc237d8bc587e70)\n\n>Why did it take 4 days to recover? Because I had to edit the source code for the latest version of PHP, as there was incompatibility\n\nHe goes on to say that the only reason the website was seized was in an attempt to block LockBit from selling data that was stolen from Fulton County, Ga earlier this month. Fani Willis, District Attorny for Fulton County is currently pursuing a case against former president Donald Trump. It begs the question- who hired the attack on Fulton County in the first place?\n\nThe data from the Fulton County heist has been posted to the LockBit data leak site as of this afternoon and is available for sale.\n\nWhile LockBit\'s site was under-lock- the Operation Cronos team had this posted about LockBitSupp\n\n>We know who he is. We know where he lives. We know how much he is worth. LockbitSupp has engaged with law enforcement\n\nIn the message posted Saturday night; LockBitSupp calls bullshit\n\n>All FBI actions are aimed at destroying the reputation of my affiliate program, my demoralization, they want me to leave and quit my job, they want to scare me because they can not find and eliminate me, I can not be stopped, you can not even hope, as long as I am alive I will continue to do pentest with postpaid\n\nHe even contests in his message, that the lists of names submitted from Operation Cronos are irrelevant as every name they shared is only an alias.\n\nIn the end- what is described by Leader LockBitSupp as apparent lies from the Operation Cronos team now leaves questions as to what was/wasn\'t actually achieved by its "success"; the LockBit organization is now back to life after being quiet for only 4 days; all while a critical error still exists in the majority of the United States\' data infrastructure... This situation is continuing to unfold, and as of this message, over 3000 ConnectWise servers still remain unpatched.\n\n\n\n^(This post was immediately deleted by the reddit auto mod; i believe because of the like 100 links I originally had in this post. I can\'t parse through them all. So I\'ve attached a google drive link to a PDF of the crazyboard of the situation. Most of the information provided here can be seen in that board, if I don\'t have it linked, just look it up- I hate having to say that, but I cant put in more effort to this post; I also did not make the thing "pretty" because I didn\'t expect I would have to provide it... sorry y\'all.)\n\n[Here is the link](https://drive.google.com/file/d/12RXX32xPr5pTRF0uJnJnUlDqpr4ltsX2/view?usp=sharing) to the .PDF, I\'ve uploaded to my google drive.', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '1b02n74', [['u/Subushie', 18, '2024-02-26 00:37', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/ks53pbj/', "I posted this here because I didn't know where else this would be taken, there is a network of criminal cyber-gangs that functions behind the scenes in an ongoing war with international government agencies- and almost no one talks about it. This week it appears one of those gangs actively attacked the US healthcare system and military, but no one is saying anything.", '1b02n74'], ['u/Emandpee42069', 12, '2024-02-26 02:48', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/ks5nnwn/', 'I work shipping pharmaceuticals and everyone had to come in Saturday bc shit is completely fucked rn bc of this', '1b02n74']]], ['u/WarOk4035', 'Coffee making VS. Bitcoin Electricity consumption ( bitcoin uses 1/4 of the usage of making coffee globally?? )', 13, '2024-02-26 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/', "If you don't mind bearing with me on this thought experiment, I just had the idea of trying to figure out how much electricity coffee-making uses Globally compared to the Bitcoin Network (Also Globally).. funny right ? lets try ? \n\nI just looked up that it takes around 0,5 kWh to make a cup of coffee in general. To me, it seems a little excessive, but maybe it takes into consideration the whole process from bean to cup of coffee. can anyone help to verify this? \n\nWhen asking our brave friend Google, there are around 2,25 billion cups of coffee consumed per day in the world. \n\nThis simple piece of math brings us to the result 0,5 kWh x 2,25 billion = 1,125 Billion kWh or 1,125 Tera Watt Hours per day ... this brings the yearly usage to 410 TWh per year to make coffee for all of us. aka. 410.000.000.000 KWh - \n\nFurther on in my little Google adventure, I read that it is estimated that The Bitcoin Network uses 127 TWh per year. so around 1/4 compared to coffee. \n\nThis leads me to my final question; Is coffee a necessity for the human race, or could we function in a world without coffee? should we shut down BTC? would you give up coffee for BTC? or is this experiment just plain and simple stupidity ;) \n\nIf Bitcoin consumes 1/4 of the electricity of making coffee per year, who is destroying our planet the most, your morning coffee or Bitcoin? \n\nTHIS WAS JUST A THOUGHT EXPERIMENT, IM AM HAPPY TO HEAR YOUR THOUGHTS, CORRECTIONS AND OPINIONS ON THIS SUB :)) Thanks \n\n", 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/', '1b030g0', [['u/CryptoDeepDive', 10, '2024-02-26 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1b030g0/coffee_making_vs_bitcoin_electricity_consumption/ks59mhq/', "I can't drink Bitcoin in the morning to satisfy my caffeine addiction. The right way of comparing energy consumption is against other stores of value, like Gold mining and storage and transportation, or Banking system overall.\n\nAlso Bitcoin has a mathematically set inflationary system, which could significantly reduce unnecessary consumerism, which overall is much better for the planet.", '1b030g0']]], ['u/Bigturle2563', 'AITA for snitching on my sister?', 10, '2024-02-26 01:31', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/', 'So my sister recently got grounded and she’s not allowed to use any electronics, right? So since my mom and grandparents share custody my mom wants me to keep an eye on my sister if she ever uses her phone since my grandparents are like gentle parenting people so my mom asked me to check on my sister\n\n I did and I find her using her phone so the thing I tell my mom is “i checked on her and she’s using her phone” I send that and my mom drives over to our house and she takes all my sisters electronics \n\nafter my mom did all that she left once my mom left my sister came to my room and she started yelling at me saying “WHY WOULD YOU TELL HER YOU DUMB FING BTCH” and I just told her “well you’re not suppose to use your phone” and she kept on yelling and at this point I don’t know how to feel.\n\nit’s like I’m juggling two peoples trust and feelings because if I don’t tell my mom it’s like I’m betraying her trust and I’m not doing what I’m suppose to do but if I snitch it’s like my sister is going to be mad at me and she’s gonna think I’m betraying her trust and I don’t know how to feel anymore and I just hate the situation I’m in. I hate myself for snitching and I don’t know how to feel.\n\nits like on one hand she got what she deserved but on the other I’m just a dumb rude sister who can’t mind my own business and I don’t know how to feel and I just hate myself and my life and the situation. (Please give me feedback I need to know how to feel in this state in my life 😅)', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/', '1b03xmv', [['u/NoteRCT', 14, '2024-02-26 01:58', 'https://www.reddit.com/r/AmItheAsshole/comments/1b03xmv/aita_for_snitching_on_my_sister/ks5g3g8/', "You're NTA, but your mum is. Your mum should not be putting you in this position, you are not your sister's parent, and your mum should be talking to your grandparents about the rules she is putting in place. But also, if it is shared custody, your mum doesn't really get to set rules at your grandparents place. \n\nBut all of that is for the adults to sort out. It is not your job to watch over your sister, or to report to mum. You are NTA, but I recommend that you stop reporting back to mum, and tell her you don't feel comfortable doing so. Or talking to your grandparents about what mum is asking of you. Because it is not your job, and adults should not be putting you in this position.", '1b03xmv']]], ['u/jackfondu', 'I think moneros time will be in 1-2 years', 11, '2024-02-26 03:06', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/', 'Just flipped the rest of my stack into eth for now w intent to get more xmr.\n\nEth and btc seem like they’re both about to rip. XMR ratio will go lower and lower in the meantime as the ripping is coming from mainstream funds and monero will be ignored/traditionally lags behind anyways. \n\nOnce the bull is at peak and ratio is lowest bc monero still hasn’t moved, that’ll be the time to flip back into xmr I feel like. Esp since privacy will likely become an even bigger issue in the space as more adoption happens\n\nThoughts?', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/', '1b05z2r', [['u/3meterflatty', 10, '2024-02-26 07:16', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6lvfy/', 'Hey mate do you wanna stop posting this just let Monero do its thing', '1b05z2r'], ['u/thanarg', 16, '2024-02-26 09:03', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6vo5t/', 'Buy signal.', '1b05z2r'], ['u/gr8ful4', 11, '2024-02-26 09:36', 'https://www.reddit.com/r/xmrtrader/comments/1b05z2r/i_think_moneros_time_will_be_in_12_years/ks6yg92/', "I did the opposite. Got rid of my ETH for more XMR. Monero's time can start today or in 1 year or in 5 years. I don't want to miss the train.", '1b05z2r']]], ['u/MiserableEgg0', 'Cashing out bitcoin in a third world country', 12, '2024-02-26 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/', "\nI'm looking for advice on cashing out Bitcoin legally in a country where it's often linked with money laundering. Stacked a few btc 7 years ago, and it's grown significantly. Now, I'm facing challenges due to strict local regulations and skeptical banks, any advice how to withdraw them? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/', '1b07sqi', [['u/analogOnly', 11, '2024-02-26 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1b07sqi/cashing_out_bitcoin_in_a_third_world_country/ks6aqoa/', 'Sometimes people need fiat to cover expenses, medical, rent/living, food. If OP needs to change it to something to cover living expenses, let them.', '1b07sqi']]], ['u/f00dl3', 'What is the point of bonds when you can use CDs?', 45, '2024-02-26 04:52', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/', "I always hear people throw out the idea of a 60/40 portfolio especially as you get older near 45 or 50 & up, but I never understood what the exact point of this is. Bonds behave similar to stocks, when a stock market crash happens like 2022, 2020, 2008 - bonds can get hit just as hard as stocks. Well maybe not quite as hard, but you still lose money if you have 40% of your portfolio in bonds or even if you had 100% of your portfolio in bonds. \n\n\n\nAnd for that case most dividend stocks would take a hit too unless it's something that's not directly invested in stocks like JEPI or other derivative based products. Bitcoin got hit pretty hard in the 2020 and 2022 crashes as well, so crypto isn't safe. \n\n\n\nBut CDs - Certificates of Deposts. They are FDIC insured to 250k per account, and if you use Fidelity they can be deposit swept up to 1 million in FDIC insurance. They yield 5.0% to 5.7%, which is better than most bond portfolios over time have yielded, and just 1% off the average return of my wife's Edward Jones portfolio and 2-3% off the average return of the S&P 500. \n\n\n\nAnd Certificates of Deposit have ZERO RISK OF DIPPING IN VALUE! Your funds can be locked up, but if this is a retirement strategy, that's actually what you want - you won't be touching it until you retire anyways.\n\n\n\nSo are bonds useless if you can put CDs in your Roth IRA? There is no tax advantage what so ever to anything in a Roth as it's all taxed already. If you're in a Traditional IRA, dividends and yield basically are taxed as income anyway so no real advantage either way. So I just don't get why people use bonds if they have the option to balance their portfolio at all.", 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/', '1b082kc', [['u/the_leviathan711', 301, '2024-02-26 05:01', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks66j9w/', "> They yield 5.0% to 5.7%\n\nI mean - they do right now when interest rates are high. But they'll drop substantially if/when interest rates are cut.", '1b082kc'], ['u/StatisticalMan', 26, '2024-02-26 05:04', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks66x8r/', 'Bonds dropping in value is only a loss if you sell. Also you are mistaken about bonds usually dropping in a recession bonds usually rise which is nice when stocks are down.', '1b082kc'], ['u/SillyBar6', 26, '2024-02-26 05:09', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks67m26/', "What about vinyl, man?\n\n\n\n\nI'll show myself that door😁😁😁", '1b082kc'], ['u/me_jus_me', 32, '2024-02-26 05:15', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks689sh/', 'Bonds are generally superior in terms of offering more options for rates and terms, and can be bought and sold before maturity (though you don’t have to). \n\nBTW T-bills typically offer better rates, more liquidity and lower tax burden than CDs.', '1b082kc'], ['u/akame_21', 24, '2024-02-26 05:22', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6950i/', 'Something to note is that the duration is only guaranteed if it’s not callable', '1b082kc'], ['u/greazinseazin', 55, '2024-02-26 05:37', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6b12l/', 'The only response that matters', '1b082kc'], ['u/brianmcg321', 10, '2024-02-26 05:44', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6bwzc/', 'Because bonds will go up in value when interest rates are lowered.', '1b082kc'], ['u/CaliforniaGoose', 26, '2024-02-26 05:45', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6bze5/', "There has also been many 5 year periods when bonds outperformed stocks in the US (Around 30 in the last 118 five year periods). There have also been many 15 year periods when bonds outperform stocks. \n\n And sometimes stocks can lose A LOT of value like in de 1929 in US, 90s in Japan etc... which is scary if you won't live much longer to see it", '1b082kc'], ['u/WasteProfession8948', 135, '2024-02-26 05:45', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6c11e/', 'T-bills have higher rates, are more liquid, and are free from state and local taxes. \n\nYour question is the reverse of what it should be.', '1b082kc'], ['u/NewportHusband', 14, '2024-02-26 05:50', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cjc9/', 'Right now CDs are good because the yield curve is inverted. That has only happened a handful of times in the last 50 years. So any short term yield beats the longer term yields. The yields are inverted because the market expects the interest rates to drop, normalizing the yield curve, at which point the CDs won’t yield as much as they are now.', '1b082kc'], ['u/geniusboy91', 54, '2024-02-26 05:51', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cr19/', 'That was my first thought. The question should be why would anyone buy CDs when you can buy a bond.', '1b082kc'], ['u/MilkshakeBoy78', 25, '2024-02-26 05:53', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6cwh4/', "another question is why buy bonds that aren't t-bills.", '1b082kc'], ['u/drew8311', 12, '2024-02-26 05:56', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6d9ih/', 'Also there are years when bonds got that or more.', '1b082kc'], ['u/sherlockjm07', 26, '2024-02-26 07:30', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks6na88/', "Right now, the yield curve is inverted, so the short-term rates are yielding more than the long term. But most of the time, the yield curve is upward sloping i,e longer term rates will yield you more than the short term, so to take advantage of that higher yield you would be invested in bonds that aren't Tbills.", '1b082kc'], ['u/O0O00O000O00O0O', 24, '2024-02-26 14:41', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks7s62c/', '> compared to the last 4+ years\n\nAnd also the last 20+ years.', '1b082kc'], ['u/theforthpotatoe', 31, '2024-02-26 15:59', 'https://www.reddit.com/r/investing/comments/1b082kc/what_is_the_point_of_bonds_when_you_can_use_cds/ks83wjg/', 'No State Tax on T-bills', '1b082kc']]], ['u/AutoModerator', '[Daily Discussion] - Monday, February 26, 2024', 39, '2024-02-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/', '1b09beo', [['u/VintageRudy', 21, '2024-02-26 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6nywz/', "I told myself the ETF's were us crossing the finish line (and that it'd take a while but that was it, we're on our way to supplanting gold as the worldwide store of wealth) and here I am nervous over which way we're going to break on market open after 10days of sideways. Dopamine is a very near-term bitch", '1b09beo'], ['u/kb1985', 13, '2024-02-26 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6prch/', 'So bitcoin was outperformed by number 2 for about 20% in recent days. Not sure if that means that it is time for btc to catch up or if it is sign of local top when other coins go up every day and bitcoin stagnates. Thoughts?', '1b09beo'], ['u/Perriax', 16, '2024-02-26 08:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6s3he/', 'Some speculation because of ETF rumors for #2. \nPersonally I don’t think that will happen soon, due to the security vs commodity discussion.\nI think BTC will follow it’s own narrative, though rejection of #2 ETF might splash the market a bit.', '1b09beo'], ['u/_TROLL', 16, '2024-02-26 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6sdj5/', 'It\'s partially ETF hype all over again, plus the upcoming "Dencun" upgrade on March 13^th ...', '1b09beo'], ['u/phrenos', 25, '2024-02-26 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6xoiy/', "If you're feeling disheartened after 12 days of crab, just remember: there have been periods where BTC has gone sideways for four months.", '1b09beo'], ['u/_TROLL', 26, '2024-02-26 09:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6xya4/', "Someone could have checked the price in mid-February 2021 (low 50,000s) and not checked again until today, and conclude that we've been crabbing along for 3 years. 🤪", '1b09beo'], ['u/phrenos', 27, '2024-02-26 09:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks6ykxz/', 'Imagine their surprise!', '1b09beo'], ['u/cryptojimmy8', 13, '2024-02-26 10:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7126w/', 'Weekends still fake. We’ll continue where we dropped off friday evening', '1b09beo'], ['u/VintageRudy', 16, '2024-02-26 10:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks71idb/', 'That person that called "right back to 50.8k" in yesterday\'s daily...', '1b09beo'], ['u/pg3crypto', 10, '2024-02-26 10:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks74pu9/', "Yeah but its quite clear that the outlook for ETFs for alts is unfavorable. They dont have the same characteristics as Bitcoin...I.e. finite supply etc.\n\nI suspect once the hype reaches crescendo we'll see some hard smacks across the face of alts.\n\nThe alt action is driven by morons right now I think. Most of them will lose money and learn a hard lesson.", '1b09beo'], ['u/_supert_', 31, '2024-02-26 11:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks771im/', "Slow day, so here's the obligatory zoom out\n\nhttps://www.reddit.com/r/Bitcoin/comments/1c5j46/you_people_are_seriously_not_thinking_clearly/", '1b09beo'], ['u/phrenos', 17, '2024-02-26 11:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks78sw9/', 'Wow.', '1b09beo'], ['u/logicalinvestr', 10, '2024-02-26 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7hgxj/', 'It was me. I said it yesterday.', '1b09beo'], ['u/_supert_', 12, '2024-02-26 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7jgax/', 'True. But, we are at the $1tn mark, not really past it. Inflation-adjusted from a decade ago would be ~$2tn (WAG). So, it remains to be seen.', '1b09beo'], ['u/delgrey', 26, '2024-02-26 14:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7rn4j/', '[Saylor bought more coin. Of course.](https://twitter.com/saylor/status/1762101030336999899)\n\nI remember when is sort of news would dump the price some.', '1b09beo'], ['u/snek-jazz', 13, '2024-02-26 15:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7viet/', '"I\'ll be buying the top forever"', '1b09beo'], ['u/bubblesmcnutty', 11, '2024-02-26 15:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7w1eo/', 'Everyone is convinced we keep crabbing/grinding lower this week. Not me. I think this is the week we pump. \n\nThought process: My feels', '1b09beo'], ['u/Gravy_Vampire', 18, '2024-02-26 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7w4zu/', 'Happy Monday, gentlemen. Can I interest you in another full week of inflows?\xa0', '1b09beo'], ['u/Cultural_Entrance312', 16, '2024-02-26 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b09beo/daily_discussion_monday_february_26_2024/ks7ydy5/', 'Who wants crab? Bitcoin has been crabbing for 12 days now. The RSI is at 49.1 (average 44.0) at time of writing. Resistances are at 51.8, 52.8 and 53, after that, then 57.5, 63 and 69 are major ones remaining. The next supports are 51.2, 50.8, 50.2 and the Fibs for the 1st part of this run up. 48.5 (.236 FIB), 46.3 (.382 FIB), etc. (see chart).\r \n\r \nThe daily has cooled from being overbought. RSI is at 68 and its average is overbought, currently at 74.1. Same resistances/supports as I mention in the hourly. Bitcoin is approaching the central channel. This could provide an area for BTC to start a new move up with the bull flag that has formed. If we break out, the target would be around 66.6. I would like to see BTC hit 50k before we move up more so we can test that spot to verify it is strong support. It is also the .236 FIB from the last run up. Not sure this is going to happen.\r \n\r \nOn the weekly, Bitcoin currently right at the upper end of the rising resistance channel from when we bottomed out in 2022. BTC closed just above it, but with a red candle, I’m not sure what will happen now. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. I would normally expect a cool off and retrace soon, but with all the ETF inflows, I’m not sure what is goin... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', '• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', 'By Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week.\nThe yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei crept 0.4% higher to eke a fresh record high. MSCI\'s broadest index of Asia-Pacific shares outside Japan was flat, keeping beneath last week\'s seven-month peak.\nWall Street indexes fell overnight and S&P 500 and Nasdaq futures nudged 0.1% lower in morning trade.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia morning.\nTen-year U.S. Treasury yields were last 2 basis points lower at 4.27%. Two-year yields fell four basis points to 4.70%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nOn the geopolitical front, U.S. President Joe Biden said he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza start by next Monday as the warring parties appeared to close in on a deal.\nBrent crude futures kept to recent ranges, rising 0.2% or 16 cents to $82.69 a barrel.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush in to cuts .\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\nCurrency trade was fairly subdued in early Asian hours, with recent pressure on the Australian and New Zealand dollars extending. The Aussie fell 0.1% to a one-week low of $0.6530, squeezed by a tumble in iron ore prices.\nThe kiwi was down 0.3% and also at a week low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0848 and sterling inched down to $1.2676. Bitcoin rose sharply overnight on news that software firm MicroStrategy added to its holdings. It was steady at $54,777. Gold held at $2,032 an ounce.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', "Following sizable gains during the U.S. day on Monday, bitcoin {{BTC}} pushed through several additional round number milestones during early Tuesday morning Asia hours, the price topping $57,000 for the first time since November 2021.\nAt press time, bitcoin had pulled back a hair to $56,500, still ahead more than 9% over the past 24 hours. The broader CoinDesk 20 Index (CD20) was ahead 8.9% over the same time frame.\nThe rally began Monday morning in the U.S., with bitcoin taking out $53,000, also for the first time since November 2021. The price rose above $54,000 later in the day. During the U.S. evening/early Asia morning, things got very active again, with bitcoin taking out the $55,000, $56,000 and $57,000 levels in the space of a few minutes.\nThe move higher in bitcoin earlier Monday spurred sizable activity in the U.S.-based spot bitcoin ETFs, with the group (ex-Grayscale's GBTC) posting a record-high $2.4 billion in trading volume on Monday,according to Bloomberg.\nAs for GBTC, it saw its smallest one-day outflow of bitcoin since the Jan. 11 launch of the spot ETFs, the fund shedding just 921 tokens.", "Following sizable gains during the U.S. day on Monday, bitcoin {{BTC}} pushed through several additional round number milestones during early Tuesday morning Asia hours, the price topping $57,000 for the first time since November 2021.\nAt press time, bitcoin had pulled back a hair to $56,500, still ahead more than 9% over the past 24 hours. The broader CoinDesk 20 Index (CD20) was ahead 8.9% over the same time frame.\nThe rally began Monday morning in the U.S., with bitcoin taking out $53,000, also for the first time since November 2021. The price rose above $54,000 later in the day. During the U.S. evening/early Asia morning, things got very active again, with bitcoin taking out the $55,000, $56,000 and $57,000 levels in the space of a few minutes.\nThe move higher in bitcoin earlier Monday spurred sizable activity in the U.S.-based spot bitcoin ETFs, with the group (ex-Grayscale's GBTC) posting a record-high $2.4 billion in trading volume on Monday,according to Bloomberg.\nAs for GBTC, it saw its smallest one-day outflow of bitcoin since the Jan. 11 launch of the spot ETFs, the fund shedding just 921 tokens.", '(Updates prices as of 0240 GMT)\nBy Kevin Buckland\nTOKYO, Feb 27 (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.\nLeading cryptocurrency bitcoin soared to a more than two-year high above $57,000 after enterprise software firm MicroStrategy Inc announced it had bought about 3,000 more of the tokens for $155 million.\nThe U.S. dollar index, which measures the currency against a basket of peers including the euro and yen, traded flat at 103.77 in Asian time, following a 0.17% slide on Monday.\nMarkets have all but ruled out a cut at the Fed\'s March meeting and have recently pushed back expectations for a cut to June from May, CME\'s FedWatch Tool showed, following strong U.S. consumer and producer price data.\nU.S. durable goods data is due later on Tuesday, while January\'s U.S. personal consumption expenditures price index, which is the Fed\'s preferred measure of inflation, will be released on Thursday.\n"A still softish DXY (dollar index) doesn\'t quite convey the USD\'s story right here ... and, if anything, key upcoming event risk can potentially fuel another leg up," Westpac\'s head of FX strategy, Richard Franulovich, wrote in a note.\n"The bulk of DXY\'s gains this year have unfolded over just a handful of marquee sessions, and outside that it has been decidedly consolidative," he said. "The lacklustre DXY in recent days looks mostly like a continuation of that profile."\nThe dollar slipped 0.13% to 150.485 yen, as Japan\'s currency firmed following the release of figures showing consumer inflation stayed at the Bank of Japan\'s 2% target, rather than dipping below it for the first time in nearly two years, as economists had forecast.\nThe euro was unchanged at $1.08505, following a 0.27% advance in the previous session.\nBitcoin was last 3.3% higher at $56,338, after earlier jumping to $57,055 for the first time since December of 2021.\nRisk-sensitive antipodean currencies sank amid a slide in regional equities, continuing a retreat from multi-week peaks.\nThe Australian dollar lost 0.2% to $0.6528, after reaching a three-week high of $0.6595 on Thursday.\nThe kiwi eased 0.3% to $0.61555, after touching the highest since Jan. 15 at $0.6218 on Thursday.\nTraders are gearing up for what could turn out to be a significant policy meeting by the Reserve Bank of New Zealand (RBNZ) on Wednesday. Markets are pricing in a one-in-three chance the RBNZ will raise its 5.5% official cash rate to combat stubborn inflation.\n(Reporting by Kevin Buckland Editing by Shri Navaratnam and Kim Coghill)', "Bitcoin (BTC)reached a two-year high of $56,444.64, coinciding with record trading volumes for the nine spot Bitcoin exchange-traded funds (ETFs). Data from Bloomberg ETF analyst Eric Balchunas reveals that combined daily trading volume for these nine ETFs surpassed $2.4 billion on February 26, surpassing the previous record of $2.2 billion set on their launch day in January. This surge excludes volumes from Grayscale's converted Bitcoin ETF (GBTC).\nBlackRock's IBIT led the way with the highest daily volume on February 26th, reaching $1.29 billion, marking a 30% increase from its previous daily record. Fidelity's FBTC followed closely with $576 million. ARKB and BITB also contributed significant volumes of $276 million and $81 million, respectively.\nWhile the source of this renewed interest remains unclear, Balchunas notes that trading volumes often spike at the beginning of the week. Bloomberg's James Seyffart adds that including Grayscale's Bitcoin ETF elevates the combined daily volume to a hefty $3.2 billion, the second-largest ever recorded.\nFurther data from BitMEX Research indicates that over $583 million flowed into spot Bitcoin ETFs during the previous four-day trading week. Year-to-date inflows have now surpassed $5.5 billion, with IBIT, FBTC, ARKB, and BITB leading the pack with inflows exceeding $1 billion each. Notably, Grayscale's GBTC has experienced net outflows of $7.4 billion so far this year.", "Bitcoin (BTC)reached a two-year high of $56,444.64, coinciding with record trading volumes for the nine spot Bitcoin exchange-traded funds (ETFs). Data from Bloomberg ETF analyst Eric Balchunas reveals that combined daily trading volume for these nine ETFs surpassed $2.4 billion on February 26, surpassing the previous record of $2.2 billion set on their launch day in January. This surge excludes volumes from Grayscale's converted Bitcoin ETF (GBTC).\nBlackRock's IBIT led the way with the highest daily volume on February 26th, reaching $1.29 billion, marking a 30% increase from its previous daily record. Fidelity's FBTC followed closely with $576 million. ARKB and BITB also contributed significant volumes of $276 million and $81 million, respectively.\nWhile the source of this renewed interest remains unclear, Balchunas notes that trading volumes often spike at the beginning of the week. Bloomberg's James Seyffart adds that including Grayscale's Bitcoin ETF elevates the combined daily volume to a hefty $3.2 billion, the second-largest ever recorded.\nFurther data from BitMEX Research indicates that over $583 million flowed into spot Bitcoin ETFs during the previous four-day trading week. Year-to-date inflows have now surpassed $5.5 billion, with IBIT, FBTC, ARKB, and BITB leading the pack with inflows exceeding $1 billion each. Notably, Grayscale's GBTC has experienced net outflows of $7.4 billion so far this year.", '• A spike in bitcoin funding rates suggests the leverage is skewed on the bullish side.\n• One observer said elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.\nThere seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity for non-directional traders.\nEarly Tuesday, bitcoin {{BTC}} rose nearly to $57,000, the highest since late 2021, taking the year-to-date gain to 32%, CoinDesk data show. The CoinDesk 20 index, a broader market gauge, traded nearly 6% higher.\nThe annualized funding rate in bitcoin perpetual futures listed on Binance surpassed 100% for the first time in at least a year, according to data source Velo Data and CoinGlass. Funding rates on Bybit and Deribit rose to 95% and 56%, respectively.\nPerpetuals or futures with no expiry use funding rates to keep prices for perpetuals in sync with the spot prices. A positive funding rate indicates that perpetuals are trading at a premium to the spot price and requires traders holding long or buy positions to pay a fee to those holding short positions. Exchanges collect funding every eight hours.\nIn other words, a positive and rising funding rate indicates a bullish mood in the market or that the leverage is skewed bullish.\nMarkus Thielen, founder of 10X Research, said the rising funding rates likely stem from traders taking bullish bets in anticipation of continued inflows into the U.S.-based spot ETFs.\n“The perp funding rates are exploding, while open interest keeps climbing, now at $14.4 billion,” Markus Thielen, founder of 10X Research, who predicted bitcoin’s rise to $57,000, said. “Traders are becoming increasingly confident that the halving and the ETF inflows will be bullish.”\nThielen added that the surge in funding rates means non-directional traders or arbitrageurs stand to make an attractive return.\nArbitrage involves profiting from price discrepancies between the two markets. An elevated funding rate means perpetuals are trading at a significant premium to the spot price. An arbitrageur, therefore, can short perpetual futures and buy the cryptocurrency in the spot market, pocketing the premium while bypassing the price volatility risks.\n“Elevated perpetual futures funding rates are providing crypto hedge funds with exceptionally high arb spreads. BTC and ETH are trading at 20% and 30% or even higher, and this is the sweet spot for ARB books. In this market, everybody wins, the guys that are outright long and the guys that are playing the perp spread. A wonderful time to be in crypto!” Thielen told CoinDesk.', '• A spike in bitcoin funding rates suggests the leverage is skewed on the bullish side.\n• One observer said elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.\nThere seems to be no stopping the bitcoin freight train. That’s driving the cost of holding leveraged bullish bets in perpetual futures skywards, creating an attractive arbitrage opportunity for non-directional traders.\nEarly Tuesday, bitcoin {{BTC}} rose nearly to $57,000, the highest since late 2021, taking the year-to-date gain to 32%, CoinDesk data show. The CoinDesk 20 index, a broader market gauge, traded nearly 6% higher.\nThe annualized funding rate in bitcoin perpetual futures listed on Binance surpassed 100% for the first time in at least a year, according to data source Velo Data and CoinGlass. Funding rates on Bybit and Deribit rose to 95% and 56%, respectively.\nPerpetuals or futures with no expiry use funding rates to keep prices for perpetuals in sync with the spot prices. A positive funding rate indicates that perpetuals are trading at a premium to the spot price and requires traders holding long or buy positions to pay a fee to those holding short positions. Exchanges collect funding every eight hours.\nIn other words, a positive and rising funding rate indicates a bullish mood in the market or that the leverage is skewed bullish.\nMarkus Thielen, founder of 10X Research, said the rising funding rates likely stem from traders taking bullish bets in anticipation of continued inflows into the U.S.-based spot ETFs.\n“The perp funding rates are exploding, while open interest keeps climbing, now at $14.4 billion,” Markus Thielen, founder of 10X Research, who predicted bitcoin’s rise to $57,000, said. “Traders are becoming increasingly confident that the halving and the ETF inflows will be bullish.”\nThielen added that the surge in funding rates means non-directional traders or arbitrageurs stand to make an attractive return.\nArbitrage involves profiting from price discrepancies between the two markets. An elevated funding rate means perpetuals are trading at a significant premium to the spot price. An arbitrageur, therefore, can short perpetual futures and buy the cryptocurrency in the spot market, pocketing the premium while bypassing the price volatility risks.\n“Elevated perpetual futures funding rates are providing crypto hedge funds with exceptionally high arb spreads. BTC and ETH are trading at 20% and 30% or even higher, and this is the sweet spot for ARB books. In this market, everybody wins, the guys that are outright long and the guys that are playing the perp spread. A wonderful time to be in crypto!” Thielen told CoinDesk.', 'MicroStrategy, a company known for its unwavering belief inBitcoin, has further solidified its position as a major player in the cryptocurrency space.Accordingto a recent filing with the US government, the company has scooped up an additional 3,000 BTC over the past ten days, bringing its total holdings to a staggering 193,000.\nThis latest purchase cost MicroStrategy roughly $155.4 million, bringing their total Bitcoin investment to $6.09 billion. However, at the current price of $53,283 per Bitcoin, their holdings are currently valued at a much higher $10.28 billion.\nDespite this significant profit potential, MicroStrategy\'s co-founder and executive chairman, Michael Saylor, has repeatedly stated that the company has no intention of selling its Bitcoin in the foreseeable future. He even proclaimed, "Bitcoin is the exit strategy."\nThis recent purchase comes on the heels of a major rally for Bitcoin, fueled by the historic approval of spot Bitcoin ETFs and anticipation surrounding the upcoming Bitcoin halving in April. This event will significantly reduce the number of new BTC created, potentially driving the price even higher.\nThis comes after MicroStrategypurchased another 850 BTC for $37.2 millionin January. During their Q4 2023 earnings call, Saylor claimed that 2024 marks "the birth of Bitcoin as an institutional-grade asset class," even calling it "the first new asset class of the modern era."', 'MicroStrategy, a company known for its unwavering belief inBitcoin, has further solidified its position as a major player in the cryptocurrency space.Accordingto a recent filing with the US government, the company has scooped up an additional 3,000 BTC over the past ten days, bringing its total holdings to a staggering 193,000.\nThis latest purchase cost MicroStrategy roughly $155.4 million, bringing their total Bitcoin investment to $6.09 billion. However, at the current price of $53,283 per Bitcoin, their holdings are currently valued at a much higher $10.28 billion.\nDespite this significant profit potential, MicroStrategy\'s co-founder and executive chairman, Michael Saylor, has repeatedly stated that the company has no intention of selling its Bitcoin in the foreseeable future. He even proclaimed, "Bitcoin is the exit strategy."\nThis recent purchase comes on the heels of a major rally for Bitcoin, fueled by the historic approval of spot Bitcoin ETFs and anticipation surrounding the upcoming Bitcoin halving in April. This event will significantly reduce the number of new BTC created, potentially driving the price even higher.\nThis comes after MicroStrategypurchased another 850 BTC for $37.2 millionin January. During their Q4 2023 earnings call, Saylor claimed that 2024 marks "the birth of Bitcoin as an institutional-grade asset class," even calling it "the first new asset class of the modern era."', "• US stocks traded slightly lower on Monday as investors shifted their focus away from earnings and towards macro data.\n• The Fed's preferred measure of inflation will be released later this week, as will revised fourth-quarter GDP data.\n• Investors will also be paying attention to comments from Fed Presidents, looking for any clues about interest rate cuts.\nUS stocks traded slightly lower on Monday as investors shifted their focus to a slate of macroeconomic data points on the horizon this week.\nWith 90% of S&P 500 companies having reported fourth-quarter results, the results have impressed investors. So far, 78% of companies beat profit estimates by a median of 7%, while 65% of companies beat revenue estimates by a median of 5%, according to data from Fundstrat.\nNow, as the earnings tide rolls out, investors are looking forward to a week full of fresh economic data.\nOn the radar this week is revised fourth-quarter GDP data, set to be released Wednesday morning. Set to roll out on Thursday is Personal Consumption Expenditures data, which is the Federal Reserve's preferred inflation gauge.\nFinally, investors will be paying attention to comments from five Fed Presidents later in the week, listening for any clues about when the Fed might cut interest rates.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,069.53, down 0.38%\n• Dow Jones Industrial Average:39,069.23, down 0.16% (-62.30 points)\n• Nasdaq Composite:15,976.25, down 0.13%\nHere's what else happened today:\n• Berkshire Hathaway reported its fourth-quarter earnings results over the weekend,and the conglomerate now holds a record $168 billion in cash.\n• Berkshire Hathaway CEO Warren Buffett called out stock market gamblers and honored the late Charlie Mungerin his annual letter.\n• America's shrinking birthrate poses a long-term challengethat could weigh on the economy for the next decade or more.\n• Distress levels in an important corner of the commercial real estate debt markethave rocketed 440% higher in the last year.\n• Bitcoin jumped 3% on Monday and broke above a key technical level,suggesting another 22% upside from here, according to Fairlead Strategies.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.65% to $77.75 a barrel.Brent crude, the international benchmark, rose by 1.30% to $82.68 a barrel.\n• Golddeclined by 0.32% to $2,042.80 per ounce.\n• The 10-year Treasury yield\xa0 rose 3 basis points to 4.28%.\n• Bitcoinjumped 5.43% to $54,537.\nRead the original article onBusiness Insider", 'South Korea and the United States are set to engage in talks regarding the regulation of cryptocurrencies and digital assets. The head of South Korea\'s financial watchdog, Governor Lee Bok-hyun, isscheduledto meet with US Securities and Exchange Commission chair Gary Gensler in May to discuss two key issues: classifying non-fungible tokens (NFTs) and approving spot Bitcoin exchange-traded funds (ETFs).\nCurrently, South Korea does not consider NFTs as "virtual assets," a classification that brings them under the purview of financial regulators. This meeting aims to determine whether NFTs should be categorized similarly, potentially subjecting them to stricter regulations currently imposed on crypto service providers. The tightening of regulations in September 2021 led to the closure of over half of South Korea\'s cryptocurrency exchanges due to their inability to comply.\nThe discussion will also address the controversial topic of spot Bitcoin ETFs. While such investment vehicles are prohibited in South Korea, both the ruling and opposition parties have expressed their intention to launch local spot Bitcoin ETFs in the lead-up to the upcoming general election in April. This move signifies the growing demand for these investment products among South Korean investors.\nThe upcoming dialogue represents an important step towards establishing a comprehensive regulatory framework for cryptocurrencies in South Korea. The country’s regulatory framework for protecting crypto investors is set to take effect in July this year.', 'South Korea and the United States are set to engage in talks regarding the regulation of cryptocurrencies and digital assets. The head of South Korea\'s financial watchdog, Governor Lee Bok-hyun, isscheduledto meet with US Securities and Exchange Commission chair Gary Gensler in May to discuss two key issues: classifying non-fungible tokens (NFTs) and approving spot Bitcoin exchange-traded funds (ETFs).\nCurrently, South Korea does not consider NFTs as "virtual assets," a classification that brings them under the purview of financial regulators. This meeting aims to determine whether NFTs should be categorized similarly, potentially subjecting them to stricter regulations currently imposed on crypto service providers. The tightening of regulations in September 2021 led to the closure of over half of South Korea\'s cryptocurrency exchanges due to their inability to comply.\nThe discussion will also address the controversial topic of spot Bitcoin ETFs. While such investment vehicles are prohibited in South Korea, both the ruling and opposition parties have expressed their intention to launch local spot Bitcoin ETFs in the lead-up to the upcoming general election in April. This move signifies the growing demand for these investment products among South Korean investors.\nThe upcoming dialogue represents an important step towards establishing a comprehensive regulatory framework for cryptocurrencies in South Korea. The country’s regulatory framework for protecting crypto investors is set to take effect in July this year.', '(Updates prices as of 0615 GMT)\nBy Kevin Buckland\nTOKYO, Feb 27 (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.\nLeading cryptocurrency bitcoin soared to a more than two-year high above $57,000, helped by enterprise software firm MicroStrategy Inc\'s announcement that it had bought about 3,000 more of the tokens.\nThe yen was firmer after consumer inflation data topped estimates, reinforcing expectations that the Bank of Japan is still on track to exit negative rates as soon as next month.\nThe U.S. dollar index, which measures the currency against a basket of peers including the yen, euro and sterling, traded flat at 103.77 in Asian time, following a 0.17% slide on Monday.\nMarkets have all but ruled out a cut at the Fed\'s March meeting and have recently pushed back expectations for a cut to June from May, CME\'s FedWatch Tool showed, following strong U.S. consumer and producer price data.\nU.S. durable goods data is due later on Tuesday, while January\'s U.S. personal consumption expenditures price index, which is the Fed\'s preferred measure of inflation, will be released on Thursday.\n"A still softish DXY (dollar index) doesn\'t quite convey the USD\'s story right here ... and, if anything, key upcoming event risk can potentially fuel another leg up," Westpac\'s head of FX strategy, Richard Franulovich, wrote in a note.\n"The bulk of DXY\'s gains this year have unfolded over just a handful of marquee sessions, and outside that it has been decidedly consolidative," he said. "The lacklustre DXY in recent days looks mostly like a continuation of that profile."\nThe dollar slipped 0.12% to 150.505 yen, with new figures showing consumer inflation stayed at the BOJ\'s 2% target in January, rather than dipping below it for the first time in nearly two years, as economists had predicted.\nThe euro was unchanged at $1.0850, following a 0.27% advance in the previous session. Sterling edged 0.04% lower to $1.2680, following five straight sessions of gains.\nBitcoin was last about 3% higher at $56,190, after earlier jumping to $57,055 for the first time since December of 2021.\nElsewhere, the Australian dollar added 0.1% to $0.65475 ahead of monthly consumer price data, due Wednesday.\nThe kiwi eased 0.13% to $0.6165, with traders gearing up for what could turn out to be a significant policy meeting by the Reserve Bank of New Zealand (RBNZ) on Wednesday.\nMarkets are pricing in a one-in-three chance the RBNZ will raise its 5.5% official cash rate to combat stubborn inflation.\n"Given rich NZD positioning and the current rates pricing, if we see the RBNZ leave the cash rate on hold it may cause immediate NZD selling," Chris Weston, head of research at Pepperstone, wrote in a note.\n"I am seldom one to advocate trading a central bank meeting in isolation, but I see the risk skewed for a higher AUDNZD on the statement."\n(Reporting by Kevin Buckland Editing by Shri Navaratnam and Kim Coghill)', '(Updates prices)\nBy Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares slipped on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week, though bitcoin extended gains on signs that institutional buyers are circling.\nThe yen steadied at 150.50 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei eked a fresh record high, but closed just 0.01% firmer. MSCI\'s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, keeping below last week\'s seven-month peak.\nBrent crude futures hovered around $82.63 a barrel after Reuters reported Hamas received a draft Gaza truce proposal including a 40-day pause in fighting.\nS&P 500 nudged 0.1% lower while Nasdaq futures , FTSE futures and European futures each fell about 0.2%.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia day.\nTen-year U.S. Treasury yields were last 1.4 basis points lower at 4.29%. Two-year yields fell 3 bps to 4.71%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nRBNZ RETREAT\nCurrency trade was fairly subdued Asia, with recent pressure on the Australian and New Zealand dollars extending. The Aussie touched a one-week low of $0.6525, squeezed by a tumble in iron ore prices, before a slight recovery to $0.6547.\nThe kiwi was also at a week-low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0850 and sterling inched down to $1.2676 with speculators trimming bullish bets. Bitcoin rose more than 3% to top $57,000.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush into cuts\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam and Miral Fahmy)', '• Veteran analyst and CEO of Factor LLC, Peter Brandt, foresees bitcoin rallying as high as $200,000 by September 2025.\n• Other studies, including those based on previous halving cycles and technical analysis indicators like the Bollinger bandwidth, suggest near-vertical price rallies ahead.\nPeter Brandt, an analyst with over four decades of experience tracking markets, expects the ongoing bitcoin {{BTC}} bull market to peak at $200,000, a significant upward revision from the initial estimate of $120,000.\n“With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000,” Brandt said on social media X.\nBitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500.\nSeveral other studies suggest a steep bull run ahead, including those based onprevious halving cyclesand technical analysis indicators like theBollinger bandwidth.\nThe consensus is that halving could continue to drive inflows into the U.S.-based spot BTC ETFs, sending prices at least into six figures over the next 12 months. Bitcoin’s reward halving, a quadrennial event due in April, will lower the rate at which coins are generated to 3.125 BTC from 6.25 BTC.\nBrandt’s bullish post on X has some market participants toying with the idea of updating their profile pictures with “laser eyes” – a viral X meme that bitcoin holders used during the bull market of 2021 to suggest a perpetual market rally.\nAccording to Brandt, the return of the laser eyes would be a contrary indicator, signaling retail investor mania, often observed at market tops.\n“Just as I did in 2021, I will use laser eyes on ‘X’ as a contrary indicator. So, people, if you want bitcoin to remain in a strong trend please do not adopt laser eyes on your social media picture. Too many laser eyes will be the KOD,”Brandt warned.', '• Veteran analyst and CEO of Factor LLC, Peter Brandt, foresees bitcoin rallying as high as $200,000 by September 2025.\n• Other studies, including those based on previous halving cycles and technical analysis indicators like the Bollinger bandwidth, suggest near-vertical price rallies ahead.\nPeter Brandt, an analyst with over four decades of experience tracking markets, expects the ongoing bitcoin {{BTC}} bull market to peak at $200,000, a significant upward revision from the initial estimate of $120,000.\n“With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000,” Brandt said on social media X.\nBitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500.\nSeveral other studies suggest a steep bull run ahead, including those based onprevious halving cyclesand technical analysis indicators like theBollinger bandwidth.\nThe consensus is that halving could continue to drive inflows into the U.S.-based spot BTC ETFs, sending prices at least into six figures over the next 12 months. Bitcoin’s reward halving, a quadrennial event due in April, will lower the rate at which coins are generated to 3.125 BTC from 6.25 BTC.\nBrandt’s bullish post on X has some market participants toying with the idea of updating their profile pictures with “laser eyes” – a viral X meme that bitcoin holders used during the bull market of 2021 to suggest a perpetual market rally.\nAccording to Brandt, the return of the laser eyes would be a contrary indicator, signaling retail investor mania, often observed at market tops.\n“Just as I did in 2021, I will use laser eyes on ‘X’ as a contrary indicator. So, people, if you want bitcoin to remain in a strong trend please do not adopt laser eyes on your social media picture. Too many laser eyes will be the KOD,”Brandt warned.', '• Bitcoin’s price rally has shaken out leveraged bearish bets.\n• Analysts said the cryptocurrency is a new bull market and poised to rally ahead of the impending mining reward halving.\nLeveraged bets against bitcoin (BTC) lost over $150 million in the past 24 hours as prices rallied 10% for the biggest daily gain since October, spurring calls for a firm new bull market.\nBTC briefly topped the $57,000 level early Tuesday to reach its highest price since November 2021 on the back of multiple catalysts, such as rising volumes on spot bitcoin exchange-traded funds (ETF) and institutional buying.\nCovering shorts may have contributed to the asset’s strength since the start of this week. Data from CoinGlass show short bets have lost over $180 million since Sunday. Still, open interest jumped from $48 billion to nearly $54 billion – showing a rise in bullish bets as traders expected volatility.\nLiquidation is when an exchange forcefully closes a trader’s leveraged position due to a margin shortfall. It happens when a trader lacks sufficient funds to keep the trade open.\nLarge liquidations can signal the local top or bottom of a steep price move, which may allow traders to position themselves accordingly.\nThe bitcoin bump buoyed the broader crypto market. Ether (ETH), Solana’s SOL and Cardano’s ADA rose 8% in the past 24 hours, while Stacks (STX) – a bitcoin layer-2 token – spiked over 25%.\nMarket observers said bitcoin is firmly in a “new bull market” and could see a significant upside as the anticipated halving event approaches.\n“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.”\n“With the bitcoin halving just over a month away, which historically brings price increases, tremendous upside lies ahead for bitcoin,” Adelman added.\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder and has historically preceded bull runs.', '• Bitcoin’s price rally has shaken out leveraged bearish bets.\n• Analysts said the cryptocurrency is a new bull market and poised to rally ahead of the impending mining reward halving.\nLeveraged bets against bitcoin (BTC) lost over $150 million in the past 24 hours as prices rallied 10% for the biggest daily gain since October, spurring calls for a firm new bull market.\nBTC briefly topped the $57,000 level early Tuesday to reach its highest price since November 2021 on the back of multiple catalysts, such as rising volumes on spot bitcoin exchange-traded funds (ETF) and institutional buying.\nCovering shorts may have contributed to the asset’s strength since the start of this week. Data from CoinGlass show short bets have lost over $180 million since Sunday. Still, open interest jumped from $48 billion to nearly $54 billion – showing a rise in bullish bets as traders expected volatility.\nLiquidation is when an exchange forcefully closes a trader’s leveraged position due to a margin shortfall. It happens when a trader lacks sufficient funds to keep the trade open.\nLarge liquidations can signal the local top or bottom of a steep price move, which may allow traders to position themselves accordingly.\nThe bitcoin bump buoyed the broader crypto market. Ether (ETH), Solana’s SOL and Cardano’s ADA rose 8% in the past 24 hours, while Stacks (STX) – a bitcoin layer-2 token – spiked over 25%.\nMarket observers said bitcoin is firmly in a “new bull market” and could see a significant upside as the anticipated halving event approaches.\n“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.”\n“With the bitcoin halving just over a month away, which historically brings price increases, tremendous upside lies ahead for bitcoin,” Adelman added.\nHalving is part of the Bitcoin network’s code to reduce inflationary pressure on the cryptocurrency and will cut the rewards in half for successfully mining a bitcoin block. This makes obtaining or mining new bitcoin much harder and has historically preceded bull runs.', 'Company Overview\nZacks Rank #1 (Strong Buy) stockCoinbase (COIN)is the largest domestic cryptocurrency exchange. Coinbase facilitates the buying, selling, and storing of various digital assets, including popular cryptocurrencies like Bitcoin and Ethereum. As a user-friendly platform, Coinbase allows individuals to create accounts, deposit funds, and trade cryptocurrencies. It provides a secure wallet for storing digital assets and offers additional features such as educational resources, price charts, and market insights. Coinbase plays a pivotal role in the mainstream adoption of crypto, serving as a bridge between traditional financial systems and the evolving world of digital currencies. Additionally, Coinbase has expanded its services to include features like staking borrowing, and a professional trading platform known as Coinbase Pro.\nBitcoin ETFs = Most Successful Launch in History\nAfter a long and drawn-out saga, the U.S. Securities and Exchange Commission (SEC) finally approvedeleven Bitcoin ETFs that recently began trading.After over a month of being live, the Bitcoin ETF has lived up to the hype and has become the most successful ETF launch in history. For example,Fidelity’s Wise Origin Bitcoin Fund ETF (FBTC)andBlackRock’s (BLK) iShares Bitcoin Trust ETF (IBIT)have brought in more assets in the first month than any other ETF launched by the two financial giants. That’s saying something when you consider that Fidelity has 65 active ETFs and BlackRock has 426! Coinbase, which is the custodian for nearly every Bitcoin ETF, stands to benefit dramatically.\nStrong Balance Sheet\nSeth Klarman is a legendary value investor, billionaire, and one of the highest-earning money managers in the world. In a recent interview, Klarman stated that he avoids crypto but sees value in Coinbase, saying,“Coinbase is sitting on $5 billion in cash, has less than that in debt, and is doing some smart things.”\nImage Source: Zacks Investment Research\nA Swing to Profitability + More Momentum Expected\n2023 was Coinbase’s best year as a public company. COIN swung to its first annual profit ever as a public company and grew earnings 142% on robust revenue growth of 52% year-over-year. Based on Zacks Consensus Est Last 60 Days of Bitcoin's Closing Prices: [42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-27 Financial & Commodity Data: - Gold Closing Price: $2034.00 - Crude Oil Closing Price: $78.87 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,111,236,719,794 - Hash Rate: 524073682.9733743 - Transaction Count: 387598.0 - Unique Addresses: 674490.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin {{BTC}} remained steady at around $43,000 Thursday as tumbling U.S. regional bank stocks reignited fears about the health of U.S. lenders and a rerun of last March's banking crisis. Shares of New York Community Bancorp (NYCB) extended decline to over 40% since Tuesday, reaching similar troughs as last March after itreported lossesstemming from its commercial real estate loans and dividend cut. The KBW Nasdaq Regional Bank Index (KBR), a benchmark for the sector, edged another 2% lower following yesterday's largest daily decline since March. Market observers also mulled the importance of the Federal Reserveremovinga key language addressing the resiliency of the U.S. banking system in its Wednesday statement about its interest rate decision that appeared in previous instances, a development mostly trumped at the time by Fed Chair Powell quashing hopes of imminent rate cuts. "Who would've thought the removal of 'the U.S. banking system is sound and resilient' would be the most important line yesterday," Quinn Thompson, head of capital markets and growth at lending platform Maple Finance,saidin an X post, noting traditional safe haven asset gold's uptick relative to U.S. bank stocks. During last March's "banking crisis," notably, bitcoin rallied sharply – after a short-lived decline – nearly to $30,000 from $20,000 emerging as a perceived "safe haven" asset independent from the banking system's woes. Read more:Bitcoin Is a Clear Winner of the U.S. Banking Crisis This time, bitcoin's price action has been muted so far. The largest crypto by market cap slightly bounced higher from below $42,000 earlier during the day, consolidating in the familiar channel capped at $44,000. At press time, BTC changed hands at just below $43,000, up 1% over the past 24 hours. The CoinDesk 20 {{CD20}}, a broad crypto market benchmark tracking the largest crypto assets, gained 1.5% during the same period. "Whatever the reason for BTC’s 'risk off' behavior yesterday, it highlights the fascinating yet confusing duality of the BTC market – sometimes it’s a macro risk asset, sometimes it’s a hedge against macro risk," Noelle Acheson, analyst and author of Crypto Is Macro Now newsletter, wrote Thursday. Maple's Thompsonsaidhe was surprised by bitcoin's delayed reaction but is "cautiously long." "Traditional 'stores of value' are eroding slowly. Commercial real estate and local U.S. banks were always considered safe assets to store wealth," prominent digital asset and venture capital investor Dan Tapieropostedon X. "There were few alternatives...gold, art, equity, bonds etc. Bitcoin will be our new tech-enabled world store of value."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', '• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "698.80", "AUM ($, mm)": "250,061.78", "AUM % Change": "0.28%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "662.71", "AUM ($, mm)": "24,513.24", "AUM % Change": "2.70%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "486.26", "AUM ($, mm)": "17,165.92", "AUM % Change": "2.83%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "362.63", "AUM ($, mm)": "413,916.69", "AUM % Change": "0.09%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "293.45", "AUM ($, mm)": "33,411.92", "AUM % Change": "0.88%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "49,722.39", "AUM % Change": "0.45%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "215.70", "AUM ($, mm)": "49,471.06", "AUM % Change": "0.44%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "196.04", "AUM ($, mm)": "7,351.63", "AUM % Change": "2.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "178.12", "AUM ($, mm)": "1,002.39", "AUM % Change": "17.77%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "167.54", "AUM ($, mm)": "6,649.18", "AUM % Change": "2.52%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,402.80", "AUM ($, mm)": "495,758.41", "AUM % Change": "-0.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-1,122.78", "AUM ($, mm)": "442,655.70", "AUM % Change": "-0.25%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-334.91", "AUM ($, mm)": "32,054.28", "AUM % Change": "-1.04%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-318.16", "AUM ($, mm)": "12,058.11", "AUM % Change": "-2.64%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "-250.25", "AUM ($, mm)": "15,638.84", "AUM % Change": "-1.60%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-229.99", "AUM ($, mm)": "61,686.41", "AUM % Change": "-0.37%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-207.31", "AUM ($, mm)": "20,440.92", "AUM % Change": "-1.01%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-168.63", "AUM ($, mm)": "11,254.85", "AUM % Change": "-1.50%"}, {"Ticker": "SSO", "Name": "ProShares Ultra S&P 500", "Net Flows ($, mm)": "-164.99", "AUM ($, mm)": "4,333.84", "AUM % Change": "-3.81%"}, {"Ticker": "TOTL", "Name": "SPDR DoubleLine Total Return Tactical ETF", "Net Flows ($, mm)": "-156.84", "AUM ($, mm)": "3,007.69", "AUM % Change": "-5.21%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.79", "AUM ($, mm)": "6,947.29", "% of AUM": "-0.21%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "8.62", "AUM ($, mm)": "17,332.74", "% of AUM": "0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "69.31", "AUM ($, mm)": "123,090.64", "% of AUM": "0.06%"}, {"": "Currency", "Net Flows ($, mm)": "243.54", "AUM ($, mm)": "41,587.04", "% of AUM": "0.59%"}, {"": "International Equity", "Net Flows ($, mm)": "150.99", "AUM ($, mm)": "1,411,868.66", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "252.28", "AUM ($, mm)": "175,270.38", "% of AUM": "0.14%"}, {"": "Inverse", "Net Flows ($, mm)": "-162.51", "AUM ($, mm)": "14,005.57", "% of AUM": "-1.16%"}, {"": "Leveraged", "Net Flows ($, mm)": "-340.35", "AUM ($, mm)": "88,044.29", "% of AUM": "-0.39%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-2,526.61", "AUM ($, mm)": "5,254,180.11", "% of AUM": "-0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,691.40", "AUM ($, mm)": "1,364,122.83", "% of AUM": "0.12%"}, {"": "Total:", "Net Flows ($, mm)": "-628.13", "AUM ($, mm)": "8,496,449.56", "% of AUM": "-0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s rulingin August that prevented crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF. That inaction put the onus back on the SEC to move forward with its Bitcoin ETF approval process.\nFor several weeks leading up to the SEC\'s multiple thumbs up, many opportunistic traders capitalized on a broad crypto rally while noting that ETFs are a much more accessible medium for investors hoping to put their money to work in cryptocurrencies. ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage, in contrast to the previous need for investors to set up separate crypto accounts or wallets with a crypto-specific broker. The approvals also stand tall as a de facto vote of confidence from a government agency in crypto ETFs as a legitimate investment medium.\nStill, it\'s worth noting that after a multi-month rally that began in October, major cryptocurrencies initially pulled back following the official launch of the first spot Bitcoin ETFs six weeks ago.\nAccording to data analytics firm CryptoQuant, however, the capital influx stemming from spot crypto ETFs -- including a potential Ether ETF next -- has the potential to increase the overall cryptocurrency market capitalization by a total of more than $1 trillion over the long term.\nTo that end, crypto traders have now turned their eyes toward the date of May 23, 2024 -- which is the final deadline for the SEC to approve (or deny) spot Ether ETF applications from multiple investment management companies including VanEck and Ark\'s 21Shares.\nThere are no guarantees, of course, that spot Ether ETFs will be approved in May. But given the similarity of the assets and the precedent set by the dozens of now-live Bitcoin ETFs, the likelihood of an SEC denial seems extraordinarily low with the proverbial crypto ETF floodgates already opened.\nBut with the May 23 deadline now less than three months away, analysts at both Bloomberg andStandard Charteredhave mused in recent weeks that anticipation of the first Ether ETFs could spark a similar extended rally to what we saw leading up to the first Bitcoin ETF approvals. Considering the Bitcoin ETF hype cycle appeared to spark its own rally around three months prior to those approvals, it\'s no surprise we\'re now seeing increased speculation surrounding the potential Ether ETF approval timeline.\n"The Ether spot [ETF] is tied to the hip of Bitcoin spot for sure," mused Bloomberg ETF analyst Eric Balchunas last month. "It\'s gonna go wherever it goes -- it\'s basically like on a 15-foot rope following it."\nIn the end, keep in mind these hype-based gains could be fickle over the short term. But there\'s obviously multiple billions of very real dollars each week flowing into crypto assets as the world steadily appears to be accepting it as a valid place to park capital. If that keeps happening, it will be no surprise to see the prices of major cryptocurrencies continue to rise accordingly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\nWhy Bitcoin, Ethereum, and Dogecoin Rallied on Tuesdaywas originally published by The Motley Fool', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s rulingin August that prevented crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF. That inaction put the onus back on the SEC to move forward with its Bitcoin ETF approval process.\nFor several weeks leading up to the SEC\'s multiple thumbs up, many opportunistic traders capitalized on a broad crypto rally while noting that ETFs are a much more accessible medium for investors hoping to put their money to work in cryptocurrencies. ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage, in contrast to the previous need for investors to set up separate crypto accounts or wallets with a crypto-specific broker. The approvals also stand tall as a de facto vote of confidence from a government agency in crypto ETFs as a legitimate investment medium.\nStill, it\'s worth noting that after a multi-month rally that began in October, major cryptocurrencies initially pulled back following the official launch of the first spot Bitcoin ETFs six weeks ago.\nAccording to data analytics firm CryptoQuant, however, the capital influx stemming from spot crypto ETFs -- including a potential Ether ETF next -- has the potential to increase the overall cryptocurrency market capitalization by a total of more than $1 trillion over the long term.\nTo that end, crypto traders have now turned their eyes toward the date of May 23, 2024 -- which is the final deadline for the SEC to approve (or deny) spot Ether ETF applications from multiple investment management companies including VanEck and Ark\'s 21Shares.\nThere are no guarantees, of course, that spot Ether ETFs will be approved in May. But given the similarity of the assets and the precedent set by the dozens of now-live Bitcoin ETFs, the likelihood of an SEC denial seems extraordinarily low with the proverbial crypto ETF floodgates already opened.\nBut with the May 23 deadline now less than three months away, analysts at both Bloomberg andStandard Charteredhave mused in recent weeks that anticipation of the first Ether ETFs could spark a similar extended rally to what we saw leading up to the first Bitcoin ETF approvals. Considering the Bitcoin ETF hype cycle appeared to spark its own rally around three months prior to those approvals, it\'s no surprise we\'re now seeing increased speculation surrounding the potential Ether ETF approval timeline.\n"The Ether spot [ETF] is tied to the hip of Bitcoin spot for sure," mused Bloomberg ETF analyst Eric Balchunas last month. "It\'s gonna go wherever it goes -- it\'s basically like on a 15-foot rope following it."\nIn the end, keep in mind these hype-based gains could be fickle over the short term. But there\'s obviously multiple billions of very real dollars each week flowing into crypto assets as the world steadily appears to be accepting it as a valid place to park capital. If that keeps happening, it will be no surprise to see the prices of major cryptocurrencies continue to rise accordingly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\nWhy Bitcoin, Ethereum, and Dogecoin Rallied on Tuesdaywas originally published by The Motley Fool', "Meme tokens are back in the spotlight, with prominent tokens likePepe (ETH)andDogwifhat (WIF)experiencing rallies in the past 24 hours. Pepe, the frog-themed token, surged by 37% in the last 24 hours and 142% over the past 7 days, reaching its highest price since May 2021. Similarly, Solana's WIF token saw a 69% increase over the past week.\nThis surge is attributed to several factors. Firstly, meme coins are increasingly seen as a way to bet on the growth of their underlying blockchains. As both Ethereum (ETH) and Solana (SOL) rallied over 8% in the past day, meme tokens within their ecosystems followed suit.\nThis comes amidst a broader market rally led by Bitcoin, which reached a two-year high of $58,000. BTC gained over 11% in the past week, as outflows from Grayscale’s GBTC have slowed down.\nThis renewed interest in meme coins also stems from their potential profitability. While traditionally considered lacking intrinsic value, some investors view them as a risky but potentially lucrative way to capitalize on ecosystem growth. Additionally, meme culture and the community engagement that meme tokens often spark are recognized as valuable assets. The Avalanche Foundation recently announced a $100 million culture fund to invest in such tokens.", "HONG KONG (AP) — Asian markets were mostly lower on Wednesday after U.S. stocks held near their record levels in a quiet day of trading.\nU.S. futures and oil prices fell.\nJapan’s benchmark Nikkei 225 edged 0.1% lower to 39,230.50.\nChinese markets fluctuated, with Hong Kong’s Hang Seng rising 0.2% to 16,825.00, while the Shanghai Composite lost 0.7% to 2,995.40.\nChina’s largest private property developer, Country Garden, said Wednesday that it is facing a liquidation petition after failing to repay a term loan facility worth 1.6 billion Hong Kong dollars ($204.5 million). The first hearing in the case is scheduled for May 17.\nThe move comes afterChina Evergrande, the world’s most heavily indebted real estate developer, was ordered to undergo liquidation following a failed effort to restructure $300 billion in late January.\nHong Kong was due to release its fiscal budget, which is expected to include measures to revitalize the distressed property market.\nAustralia’s S&P/ASX 200 was little changed at 7,663.50 after the Australian Bureau of Statistics said Wednesday the country’s inflation rate held at a two-year low in January, triggering hopes that the Reserve Bank may cut its benchmark interest rate.\nSouth Korea’s Kospi gained 0.8% to 2,646.55, while Thailand's SET was down 0.5%.\nOn Tuesday, the S&P 500 added 0.2%, to 5,078.18 and was just off its all-time high set last week. The Dow Jones Industrial Average dipped 0.2%, to 38,972.41, and the Nasdaq composite rose 0.4% to 16,035.30.\nMacy’sclimbed 3.4% after reporting better results for the latest quarter than feared. It also announced a sweeping reorganization as it tries to kickstart growth in revenue.\nNorwegian Cruise Line Holdings steamed 19.8% higher for the biggest gain in the S&P 500 after saying it’s seeing healthy demand from customers.\nAutoZone revved 6.7% higher after reporting a stronger profit than expected. Much of its growth last quarter came from its stores in Mexico and Brazil.\nZoom Video Communications climbed after topping analysts’ forecasts for profit last quarter. It also announced a program to buy back up to $1.5 billion of its stock, which would send cash directly to shareholders.\nThose winners helped offset a 1.5% drop forChevron, one of the main reasons for the Dow Jones Industrial Average’s slide. The company warned that its pending takeover of Hess may be under threat.\nCryptocurrency prices have also been running higher. Bitcoin rose above $57,000 before edging back below the threshold and is up by roughly a third so far this year already.\nNewexchange-traded funds that hold bitcoinhave made investing in the cryptocurrency easier, while also driving business for Coinbase and others who safeguard those ETFs’ bitcoins. Coinbase rose 2.7% Tuesday to bring its gain for the year so far to 14.5%.\nEarnings reporting season is winding down for the big companies in the S&P 500, and the hope is that a remarkably solid U.S. economy will help profits grow through this year.\nA report in Tuesday morning showed orders for long-lasting manufactured goods were weaker last month than economists expected, but they were better than forecast after ignoring airplanes and other transportation items.\nA separate report said thatconfidence among U.S. consumers unexpectedly slipped. Confidence had been on the upswing, and it’s a closely followed figure on Wall Street because spending by consumers makes up the bulk of the U.S. economy.\nOn the upside for investors, the report also showed that expectations for inflation among U.S. consumers ticked down a bit.\nIn other trading, U.S. benchmark crude oil lost 29 cents to $78.58 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was down 30 cents at $82.36 per barrel.\nThe U.S. dollar was flat at 150.50 Japanese yen. The euro fell to $1.0834 from $1.0844.", "• Investors are staying on the sidelines ahead of key data this week.\n• That includes Wednesday's revised fourth-quarter GDP data and Thursday's Personal Consumption Expenditures report.\n• Ahead of upcoming Fed speakers, Governor Michelle Bowman said it's too soon to start cutting rates.\nUS stocks ended the session mixed on Tuesday, with the Dow Jones Industrial Average shedding almost 100 points.\nAn upcoming slate of economic data has kept market moves muted in the last two days. Revised fourth-quarter GDP is set to be released on Wednesday, followed by the Personal Consumption Expenditures report on Thursday. The inflation gauge is the Federal Reserve's preferred measure.\nBoth data points will help inform the trajectory of future interest rates, as the central bank is looking for evidence of consistent disinflation before loosening monetary policy.\nEarlier market convictions that rate cuts were around the corner were hampered when January's consumer price index came in stronger than anticipated. Most investors nowexpect the first reduction to occur in June, and estimate no more than 75 basis points of cuts.\nThis week, markets are also awaiting to hear a number of Fed speakers, offering further clues as to future policy. On Tuesday, Fed Governor Michelle Bowmanreiterated that it was too soonto start cutting. She expects inflation to continue falling under current conditions.\nAlthough most earnings reports have been released, Tuesday sawHims & Hers Healthjump 31.4%, on a better-than-expected performance. Similarly,Zoom Videorose nearly 8%.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,078.21, up 0.17%\n• Dow Jones Industrial Average: 38,972.41, down 0.25% (-96.56 points)\n• Nasdaq Composite: 16,035.30, up 0.37%\nHere's what else happened today:\n• The stock rally's main driver is set to weaken - here arethree reasons profit margins will likely fall, JPMorgan said.\n• Western discussions aboutusing Russia's frozen assets helps undermine trust in the dollar and euro,the country's finance minister said.\n• History saysthe S&P 500 is far from bubble territory.\n• Elf Beauty returns havebeaten Nvidia's on a five-year horizon.\n• It's abad idea to put cash into mega-cap leaders, Bill Smead warned.\n• Russia isbanning gasoline exports for six months.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed up 1.35% to $78.63 a barrel.Brent crude, the international benchmark, rose 1% to $82.39 a barrel.\n• Goldwas nearly flat at $2,039.50 per ounce.\n• The 10-year Treasury edged up to 4.307%.\n• Bitcoinjumped 4% to $56,792.\nRead the original article onBusiness Insider", '• The spread between perpetual funding rates in bitcoin and ether markets recently collapsed, indicating an uptick in investors’ risk appetite.\n• The development suggests continued outperformance of alternative cryptocurrencies ahead.\nCrypto bulls questioning the sustainability of recent sharp gains inalternativecryptocurrencies(altcoins), includingmeme coins, may consider the latest trend in the spread between bitcoin and ether perpetual funding rates.\nData tracked byGlassnodeshow that the spread recently collapsed to an annualized level of - 9%, a sign investors are willing to pay more to take leveraged long or bullish bets in the ether perpetual futures market compared to bitcoin {{BTC}}. In other words, risk appetite is rising – investors are willing to pour money into smaller and risky altcoins, expecting to generate a large profit.\n“The spread between BTC and ETH funding rates is widening. Prior to October-2023, a relatively neutral regime can be observed, where the spread oscillated between positive and negative state,” Glassnode said in the weekly newsletter.\n"However, since the October rally, funding rates for ETH have been consistently higher than for BTC, inferring an increased appetite by traders to speculate further out on the risk curve,” Glassnode added.\nBitcoin is the world’s largest cryptocurrency by market value and the most liquid, with growing mainstream adoption. Ether, meanwhile, is considered a relatively high beta and an altcoin leader. Thus, the price or funding rate differential in bitcoin and ether markets reflects the broader risk sentiment as theAUD/JPY pairdoes in traditional markets.\nPerpetuals or futures without expiry include a funding rate mechanism so that prices for perpetuals closely follow spot prices. A positive funding rate means leverage is skewed to the bullish side, and long position holders are willing to pay shorts to keep their bets open. A negative rate suggests otherwise.\nThe bitcoin-ether funding rate spread hovered between -3% (lower bound) and +3% (upper bound) in the first nine months of 2023. Since October, the spread has seen several brief drops below -3%, signaling a bias for ether and the wider altcoin market.\nThe latest decline comes as ether and other altcoins lead the total crypto market capitalization higher. Bitcoin’s share in the total market often called the dominance rate, has remained between 51% and 54% since early January, according to charting platform TradingView. The total crypto market capitalization has increased from roughly $1.7 trillion to $2.2 trillion during that period.', '• The spread between perpetual funding rates in bitcoin and ether markets recently collapsed, indicating an uptick in investors’ risk appetite.\n• The development suggests continued outperformance of alternative cryptocurrencies ahead.\nCrypto bulls questioning the sustainability of recent sharp gains inalternativecryptocurrencies(altcoins), includingmeme coins, may consider the latest trend in the spread between bitcoin and ether perpetual funding rates.\nData tracked byGlassnodeshow that the spread recently collapsed to an annualized level of - 9%, a sign investors are willing to pay more to take leveraged long or bullish bets in the ether perpetual futures market compared to bitcoin {{BTC}}. In other words, risk appetite is rising – investors are willing to pour money into smaller and risky altcoins, expecting to generate a large profit.\n“The spread between BTC and ETH funding rates is widening. Prior to October-2023, a relatively neutral regime can be observed, where the spread oscillated between positive and negative state,” Glassnode said in the weekly newsletter.\n"However, since the October rally, funding rates for ETH have been consistently higher than for BTC, inferring an increased appetite by traders to speculate further out on the risk curve,” Glassnode added.\nBitcoin is the world’s largest cryptocurrency by market value and the most liquid, with growing mainstream adoption. Ether, meanwhile, is considered a relatively high beta and an altcoin leader. Thus, the price or funding rate differential in bitcoin and ether markets reflects the broader risk sentiment as theAUD/JPY pairdoes in traditional markets.\nPerpetuals or futures without expiry include a funding rate mechanism so that prices for perpetuals closely follow spot prices. A positive funding rate means leverage is skewed to the bullish side, and long position holders are willing to pay shorts to keep their bets open. A negative rate suggests otherwise.\nThe bitcoin-ether funding rate spread hovered between -3% (lower bound) and +3% (upper bound) in the first nine months of 2023. Since October, the spread has seen several brief drops below -3%, signaling a bias for ether and the wider altcoin market.\nThe latest decline comes as ether and other altcoins lead the total crypto market capitalization higher. Bitcoin’s share in the total market often called the dominance rate, has remained between 51% and 54% since early January, according to charting platform TradingView. The total crypto market capitalization has increased from roughly $1.7 trillion to $2.2 trillion during that period.', 'Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s {{BTC}} halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.\nBitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. The next halving is expected in mid-April, acountdown clockshows.\nPrices tend to rise with fewer new bitcoin on the open market as long as demand remains constant or increases. Historical price action may not be repeated in the future, but the anticipation of a rally may push investors to put outsized bets on the asset.\n“The anticipation always leads to increased buying activity or ‘FOMO’ for lack of a better term,” Bryan Legend, CEO of Hectic Labs, told CoinDesk in a Telegram message. “Investors expect a reduction in supply to drive up prices, and a pre-halving rally which contributes to a new bull market with a refreshed bullish sentiment.”\n“However, the rally leading up to the actual halving event is a great time to realize short-term gains,” Legend added.\nMeanwhile, some traders expect bitcoin to top its lifetime peak of $69,000 in March, saying institutional demand and the early success of spot bitcoin exchange-traded funds (ETFs) are likely to push prices.\n“With 54 days left before the bitcoin halving and the expectation of the Fed’s interest rate cut in the middle of the year, bitcoin prices have a support level at $50,000 and may fluctuate to hit historical highs in March,” Ryan Lee, chief analyst at Bitget Research, told CoinDesk in a message.\n“The trading volume of nine bitcoin ETFs in the U.S. also reached a new high of $3.2 billion last week, indicating institutions have a strong bullish sentiment,” Lee added.\nBitcoin ETFs traded a cumulative $2 billion on Tuesday. BlackRock’s IBITrecorded over $1.3 billionin daily trading volume for the second consecutive day.\nBitcoin was trading just above $57,200 in Asian morning hours on Wednesday, adding 1.5% in the past 24 hours. TheCD20, a broad-based index, is up nearly 1%.', 'Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s {{BTC}} halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.\nBitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. The next halving is expected in mid-April, acountdown clockshows.\nPrices tend to rise with fewer new bitcoin on the open market as long as demand remains constant or increases. Historical price action may not be repeated in the future, but the anticipation of a rally may push investors to put outsized bets on the asset.\n“The anticipation always leads to increased buying activity or ‘FOMO’ for lack of a better term,” Bryan Legend, CEO of Hectic Labs, told CoinDesk in a Telegram message. “Investors expect a reduction in supply to drive up prices, and a pre-halving rally which contributes to a new bull market with a refreshed bullish sentiment.”\n“However, the rally leading up to the actual halving event is a great time to realize short-term gains,” Legend added.\nMeanwhile, some traders expect bitcoin to top its lifetime peak of $69,000 in March, saying institutional demand and the early success of spot bitcoin exchange-traded funds (ETFs) are likely to push prices.\n“With 54 days left before the bitcoin halving and the expectation of the Fed’s interest rate cut in the middle of the year, bitcoin prices have a support level at $50,000 and may fluctuate to hit historical highs in March,” Ryan Lee, chief analyst at Bitget Research, told CoinDesk in a message.\n“The trading volume of nine bitcoin ETFs in the U.S. also reached a new high of $3.2 billion last week, indicating institutions have a strong bullish sentiment,” Lee added.\nBitcoin ETFs traded a cumulative $2 billion on Tuesday. BlackRock’s IBITrecorded over $1.3 billionin daily trading volume for the second consecutive day.\nBitcoin was trading just above $57,200 in Asian morning hours on Wednesday, adding 1.5% in the past 24 hours. TheCD20, a broad-based index, is up nearly 1%.', "AMSTERDAM,Feb. 28, 2024/CNW/ --Bybit, one of the world's top threecryptoexchanges by volume, is excited to announce thatBybit Powered by SATOSlaunches a limited-time referral program to its loyal users inthe Netherlands. Thisexclusive program, running untilMarch 21, 2024, offers existing users the chance to share their Bybit experience with friends and receive exclusive rewards.\nBuilding the DutchCryptoCommunity:This initiative aligns with Bybit's ongoing efforts to foster growth and collaboration within the Dutchcryptocommunity:\n• Grow access to secure and reliablecryptotradingBy sharing their unique referral links, users can introduce friends to a platform committed to robust security, user-friendly features, and diverse trading opportunities – all offered through the trusted partnership with SATOS\n• Strengthenthe Netherlands'cryptoecosystemAs more individuals explore the world ofcryptothrough Bybit Powered by SATOS, the overall knowledge base and user base withinthe Netherlandscan expand, leading to a more robust and diversecryptocommunity.\nRewarding Engagement:Users participating in the referral program have the opportunity to earn exclusive rewards, including:\n1. Up to 30% commission: Receive a share of trading fees generated by your referred friends.\n2. Free BTC: Be eligible to receive a portion from a dedicated pool of free BTC distributed among successful referrers.\nBybit's collaboration with SATOS, a licensed Virtual Asset Service Provider (VASP) inthe Netherlands, emphasizes their commitment to regulatory compliance and providing Dutch users with a secure and legal path to explorecryptocurrencies.\n#Bybit #TheCryptoArk\nAboutBybit Powered by SATOS\nIn June 2023,\xa0Bybit formed a strategic alliance with SATOS, one of the oldestcryptoservice providers operating inthe NetherlandsandBelgiumsince 2013. This partnership is a testament to our commitment to providing the best services to our users in line with regulatory guidelines, and ensuring the delivery of high-quality services to our users.\nAbout Bybit\nBybit is one of the world's top threecryptocurrencyexchanges by volume with 20 million users. Established in 2018, it offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit's Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-powered-by-satos-expands-reach-in-the-netherlands-with-exclusive-referral-program-302073490.html\nSOURCE Bybit\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/February2024/28/c1500.html", "AMSTERDAM,Feb. 28, 2024/PRNewswire/ --Bybit, one of the world's top threecryptoexchanges by volume, is excited to announce thatBybit Powered by SATOSlaunches a limited-time referral program to its loyal users inthe Netherlands. Thisexclusive program, running untilMarch 21, 2024, offers existing users the chance to share their Bybit experience with friends and receive exclusive rewards.\nBuilding the DutchCryptoCommunity:This initiative aligns with Bybit's ongoing efforts to foster growth and collaboration within the Dutchcryptocommunity:\n• Grow access to secure and reliablecryptotradingBy sharing their unique referral links, users can introduce friends to a platform committed to robust security, user-friendly features, and diverse trading opportunities – all offered through the trusted partnership with SATOS\n• Strengthenthe Netherlands'cryptoecosystemAs more individuals explore the world ofcryptothrough Bybit Powered by SATOS, the overall knowledge base and user base withinthe Netherlandscan expand, leading to a more robust and diversecryptocommunity.\nRewarding Engagement:Users participating in the referral program have the opportunity to earn exclusive rewards, including:\n1. Up to 30% commission: Receive a share of trading fees generated by your referred friends.\n2. Free BTC: Be eligible to receive a portion from a dedicated pool of free BTC distributed among successful referrers.\nBybit's collaboration with SATOS, a licensed Virtual Asset Service Provider (VASP) inthe Netherlands, emphasizes their commitment to regulatory compliance and providing Dutch users with a secure and legal path to explorecryptocurrencies.\n#Bybit #TheCryptoArk\nAboutBybit Powered by SATOS\nIn June 2023,\xa0Bybit formed a strategic alliance with SATOS, one of the oldestcryptoservice providers operating inthe NetherlandsandBelgiumsince 2013. This partnership is a testament to our commitment to providing the best services to our users in line with regulatory guidelines, and ensuring the delivery of high-quality services to our users.\nAbout Bybit\nBybit is one of the world's top threecryptocurrencyexchanges by volume with 20 million users. Established in 2018, it offers a professional platform wherecryptoinvestors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.\nFor more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit's Communities and Social Media\nDiscord\|Facebook\|Instagram\|LinkedIn\|Reddit\|Telegram\|TikTok\|X\|Youtube\nView original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-powered-by-satos-expands-reach-in-the-netherlands-with-exclusive-referral-program-302073490.html\nSOURCE Bybit", 'Bitcoin {{BTC}} surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization.\nThe price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.\nMeanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 3%.\nFutures bets on lower bitcoin prices took on $25 million in liquidations since Asian morning hours,Coinglass datashows, which may have contributed to the price spike.\nElsewhere, major tokens ether {{ETH}}, Solana’s SOL and XRP gained as much as 3% since Asian morning hours,CoinGecko datashows.\nMeanwhile, the fear and greed index, a sentiment metric that tracks the rate of change in asset movement against inherent fundamentals, flashed 82 on Wednesday – implying extreme greed and reaching the highest such level in over a year.\nThe index is rated on a scale of 0-100, with 0 being the most fearful and 100 being the most greedy. A greedy environment is considered a sign of euphoria, which “means the market is due for a correction,” theindex’s developerssay.\nTraders remain unfazed, however, with some expecting bitcoin to cross its previous highs of $69,000 in March.', 'Bitcoin {{BTC}} surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization.\nThe price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.\nMeanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 3%.\nFutures bets on lower bitcoin prices took on $25 million in liquidations since Asian morning hours,Coinglass datashows, which may have contributed to the price spike.\nElsewhere, major tokens ether {{ETH}}, Solana’s SOL and XRP gained as much as 3% since Asian morning hours,CoinGecko datashows.\nMeanwhile, the fear and greed index, a sentiment metric that tracks the rate of change in asset movement against inherent fundamentals, flashed 82 on Wednesday – implying extreme greed and reaching the highest such level in over a year.\nThe index is rated on a scale of 0-100, with 0 being the most fearful and 100 being the most greedy. A greedy environment is considered a sign of euphoria, which “means the market is due for a correction,” theindex’s developerssay.\nTraders remain unfazed, however, with some expecting bitcoin to cross its previous highs of $69,000 in March.', 'When we sat down to start writing this news roundup, Bitcoin was hovering around $57K, and the mood among traders was cautiously optimistic.\nWithin a matter of hours though, Bitcoin went on a powerful rally, blasting through the $59k like a hot knife through butter. Meanwhile, theCMC Crypto Fear & Greed Indexspiked to 80, signaling extreme greed in the markets as FOMO has firmly taken hold.\nThese wild market swings never cease to keep us on our toes!\nOn that note, here is our Meme of the Day:\nWhile markets giveth and markets taketh away, the real stories in crypto often happen outside the charts and ratios. That\'s why we\'re here - to keep you updated on the technology, adoption, regulation, and trends that underpin this dynamically changing space.\nIn today\'s edition:\n• The U.S.goes crazy for a top coindespite market uncertainty 🇺🇸\n• Solana and Ethereum-based meme coinsexperience wild pumps🐸\n• A tokengains 140%after a big VC investment 📈\n• Ripple teams up with Axelar toaccelerate real-worldasset adoption 🏠\n• Powerful senatorsoppose Biden\'scentral bank digital currency plans 💵\nLet’s dive deeper into each of these stories!\nThere\'s a certain top coin that the U.S. tradersjust can\'t get enough of lately. No, it\'s not the OG coin that starts with a B. It\'s the other big dog – the smart contract leader that gave us NFTs and DeFi. Let\'s just say its name starts with E and rhymes with "3tharium."\nNew data reveals traders on Coinbase have been gobbling up $ETH tokens like Pacman.\nIn fact, $ETH buys on Coinbase are main the driving force for the +11% price pump we\'ve seen over the past week.\nSo what\'s got U.S. traders suddenly so hungry for ETH?Read the full story!\nBrace yourself,meme coin mania seems to be back!\nLet\'s start with $PEPE – an Ethereum-based token featuring everyone\'s favorite meme frog. This coin just gained +37% in 24 hours and +142% in the past week!\nNot to be outdone, $WIF on Solana got in on the action with a 69% pump over 7 days.\nNow, you may be wondering why these tokens are rallying all of a sudden.Read the full story!\nLooks like one lucky coinjust got a big VC juiceand gained about 140%!\nThe coin called $AERO powers a new liquidity protocol on Base (a trendy layer 2 network).\nAs soon as the news came out, $AERO exploded from $0.097 to $0.2538. We\'ll save you the math, but trust us that\'s more than 140% gains.\nNow what does this mean? It shows Coinbase\'s big bets are lining up behind Base and its top protocols like Aerodrome.\nAnd when you get a blessing from the VC gods, it usually means even more growth is coming.Read the full story!\nTwo major players in crypto infrastructure arejoining forces to advance real-world asset(RWA) tokenization on blockchain.\nRipple, the company behind XRP and the XRP Ledger, has officially partnered with Axelar - an interoperability protocol powering communication among 55+ chains.\nTogether, they aim to create the rails for RWA tokenization to really take off. We\'re talking tokenized real estate, artwork, shares in companies - you name it.\nThis could be a game changer for bringing traditional lending into crypto as collateralized loans.\nSoon physical things becoming liquid crypto tokens could be the norm. But do they have VC backing to support this project? Do they have enough funds to pull it off?Read the full story!\nA group of senators just signed a new billaimed at crushingBiden\'s dreams of a central bank digital currency (CBDC).\nLed by Senator Ted Cruz, they don\'t want the fed controlling and tracking every burrito and beer purchase made by citizens.\nThe bill slams the brakes on CBDCs, blocking the central bank from issuing digital dollars without first going through Congress.\nCruz warned about the dangers of "government-controlled programmable money" that could monitor all your spending and even freeze access to your funds.\nAre big politicians supporting this bill against CBDC?Read the full story!\nAnd that concludes our news roundup.\nBefore you head out, take a sec to sign up for our newsletter below, and we\'ll deliver the hottest crypto stories straight to your inbox!\nSubscribe to Our Newsletter!', 'When we sat down to start writing this news roundup, Bitcoin was hovering around $57K, and the mood among traders was cautiously optimistic.\nWithin a matter of hours though, Bitcoin went on a powerful rally, blasting through the $59k like a hot knife through butter. Meanwhile, theCMC Crypto Fear & Greed Indexspiked to 80, sig Last 60 Days of Bitcoin's Closing Prices: [42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-28 Financial & Commodity Data: - Gold Closing Price: $2033.00 - Crude Oil Closing Price: $78.54 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,123,495,831,594 - Hash Rate: 605325416.7676959 - Transaction Count: 413800.0 - Unique Addresses: 763915.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After much delay, spot bitcoin exchange-traded funds (ETFs) have burst on the scene. BlackRock’s IBIT is now the fifth largest ETF (of all) by inflows this year, with rival funds not far behind. It’s not yet clear whether this rate of growth can keep pace and match the bullish predictions set by firms likeStandard Chartered Bank and Fidelityfor meteoric end-of-year ETF valuations, but it is obvious that bitcoin ETFs are here to stay. The question is how will Wall Street approach this newfound way to gain bitcoin exposure, and will regular investors want a piece of the action? “We think bitcoin could be one of the most talked about brands on Wall Street in the next decade,” Mike Willis, CEO and founder of ONEFUND, said. “You're at the beginning of the ‘bitcoin era’ on Wall Street.” Although remiss to offer a price prediction, Willis said he thinks bitcoin could easily catch up togold's market cap. It’s an interesting prediction given ONEFUND’s strategy in launching its own bundle of bitcoin ETFs. The independent index fund operation, most known for its $106 million INDEX ETF that tracks the S&P 500, plans to launch a number of “Cyber Hornet” funds that hold both bitcoin and traditional equities in a bid to appeal to risk averse retail investors. Most wealth managers will not advise their clients to take more than a1%-3% allocation in crypto, Willis said. But even that small recommendation could open up financial advisers to legal risks. “Hardcore bitcoiners might be used to it, but 90% of Wall Street and just traditional investors are not used to being down 40% in a given month.” “If I'm down 40% for clients they’re burnin up my phone, if I'm down 50% they're out, if I'm down 60% or 70% it's a potential fiduciary liability — a potential lawsuit. Advisers are aware of that,” Willis, who co-founded ONEFUND in 2015 after stints at UBS, Paine Webber and Smith Barney, said. The ETF closest to launch, which has received approval by the SEC under the tickerZZZ, will allocate 75% of its capital to the S&P and 25% to bitcoin futures (with an option also to hold spot bitcoin, Willis said). The idea is to help mitigate bitcoin’s potential downside risk and notable volatility by investing in “the most widely held index strategy on Wall Street.” Willis said he predicts a number of hybrid funds to launch with strategies that protect the downside “vol,” or volatility, of bitcoin, perhaps using U.S. Treasuries and/or other less risky asset classes. This will also be a way for funds to differentiate themselves, given the crowded competition after11 spot bitcoin ETFswere approved on the same day. Like many, Willis sees a race to the bottom in terms of management fees — given that it's one of the few ways firms can undercut their competition. Others are offering promotions, like Bitwise slashing fees to zero for thefirst six monthsor until the fund reaches a certain asset threshold. But these marketing efforts can work only for a limited time. The other way for firms to compete is how they treat the underlying bitcoin they buy with investors’ money — either leveraging it to earn yield for the company or holding it in cold storage. Some funds, Willis said, may rehypothecate (or loan out) the bitcoins in order to earn a return, which can earn “hundreds of basis points.” See also:A Bitcoin ETF Will Never Be Your Bitcoin\| Opinion For its part, ONEFUND has no intention of competing on fees, and thinks it will be able to charge higher rates because it’ll guarantee in its prospectus that the bitcoins won’t move from cold storage (the firm is talking withCaitlin Long’s Custodia Bankfor custody services). But there are other, somewhat intangible ways that firms can diversify away from the pack. For instance, the one firm holding firm to high fees is Grayscale, which is charging 1.5% on its popular GBTC product. GBTC has a lot of brand equity built up as the first traditional on-ramp into bitcoin, launching initially as a close-ended trust in 2013. The fund has seennotable withdrawalssince it transitioned to an ETF this year, though Willis said he’s surprised the fund hasn’t lost more. “It's loyalty. It's laziness. And the other side is bitcoiners don't want to go to BlackRock or Fidelity — they want to keep it in the community,” he said. ONEFUND is hoping to tap into that same sense of bitcoiner camaraderie, a sort of non-institutional institution. That’s part of the reason why it chose the Cyber Hornet branding, a phrase most closely associated with uber-bitcoiner Michael Saylor, who is not affiliated with the product. The firm, which made news when it allowed its INDEX fundshareholders to vote by proxy, has also secured a number of “kickass” tickers for its ETFs, which will all have different allocations between bitcoin and the S&P500. Triple-letter tickers, like “the Qs,” standing for Nasdaq’s QQQ, are valuable real-estate, Willis said, mentioning the “triple Z” ticker on his firm’s flagship bitcoin ETF. Indeed, a number of recently launched ETFs carry meme-worthy names, including Valkyrie's BRRR (referring to the pandemic era“money printer go BRR”meme) and VanEck’s HODL (referencing how bitcoiners buy, hold and rarely sell). See also:The Rise and Fall of Bitcoin Culture\| Opinion "We think the branding is going to stand for doing things the ‘right way,’ the non-institutional choice that represents the community,” Willis said. “We're not owned by BlackRock, we're not owned by the big institutions." Still, in some sense, Willis' game plan revolves around Wall Street entering the picture. Although it may not be the most "orthodox" way to get people using bitcoin, it is the easiest and safest route to mass onboarding into bitcoin economy via ETFs, perhaps fulfilling Cory Klippsten's dream of creating"10 million bitcoiners," Willis said. The first turn of the supposed flywheel came last year, when BlackRock announced its plan to launch a bitcoin ETF, which in a way gave other Wall Street firms cover to also get involved. Now that ETFs are actually live, over the next decade more and more capital will flow into bitcoin — beginning with model portfolios, retirement accounts, pension plans and ultimately culminating in it becoming a "mainstream asset class," Willis said. "Bitcoin has been alive and well for 15 years, but on Wall Street it's been non-existent," he said. "This changes everything."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', "Katherine Schneider; Director, IR; Bain Capital Specialty Finance, Inc.\nMichael Ewald; CEO & Director; Bain Capital Specialty Finance, Inc.\nMike Boyle; President; Bain Capital Specialty Finance, Inc.\nAmit Joshi; CFO & Treasurer; Bain Capital Specialty Finance, Inc.\nPaul Johnson; Analyst; Keefe, Bruyette & Woods, Inc.\nOperator\nGood morning, ladies and gentlemen, and welcome to the Bain Capital. It sorry, Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2023, earnings conference call. (Operator Instructions) I would now like to turn the conference over to Katherine Schneider, Director of Investor Relations. Please go ahead.\nKatherine Schneider\nThank you, Denny. Good morning, everyone. And welcome to the Bain Capital Specialty Finance Fourth Quarter and Year Ended December 31st, 2023 conference call. Yesterday after market closed, we issued our earnings press release and investor presentation of our quarterly and year-end results, a copy of which are available on Bain Capital Specialty Finance's Investor Relations website.Following our remarks today, we will hold a question and answer session for analysts and investors. This call is being webcast and a replay will be available on our website. This call and the webcast are property of Bain Capital, specialty finance and any unauthorized broadcast in any form is strictly prohibited. Any forward-looking statements made today do not guarantee future performance and actual results may differ materially. These statements are based on current management expectations, which include risks and uncertainties which are identified in the Risk Factors section of our Form 10 K that could cause actual results to differ materially from those indicated, Bain Capital Specialty Finance assumes no obligation to update any forward looking statements at this time unless required to do so by law.Lastly, past performance does not guarantee future results. So with that, I'd like to turn the call over to our CEO, Michael Ewald.\nMichael Ewald\nThanks, Kathryn, and good morning to everyone, and thank you for joining us on our earnings call. I'm joined here today by Mike Boyle, our President and our Chief Financial Officer, Amit Joshi.Before we begin, I would like to welcome Amit for those who may not have seen our announcement and it has been appointed as our new Chief Financial Officer effective January first, 2024. He brings a wealth of accounting knowledge, specifically within the private credit and BTC landscapes and has over two decades of finance and accounting experience. We're excited to have him join our management team. And I would be remiss if I didn't thank our predecessor, CFO, Sally Doris for many contributions to the Company over the last eight years. Salary remains in place as a senior leader across the greater Bain Capital platform.Thank you, Sally. In terms of the agenda for the call. I'll start with an overview of our fourth quarter and 2023 full year results and then provide some thoughts on our performance. The overall market environment and our positioning thereafter, Mike and I will discuss our investment portfolio and financial results in greater detail.So first, Yesterday, after market close, we delivered strong fourth quarter and full year 2023 results. Q4 net investment income per share was $0.54, representing an annualized yield on book value of 12.3%. Our net investment income covered our dividend by 129% during the quarter, Q4 earnings per share were $0.48, reflecting an annualized return on book value of 10.9% for the full year 2023 net investment income per share was $2.19, equal to a 12.6% return on equity. This was up $0.6 per share or 38% year over year. Rni covered our dividend by 137% during the year 2023 earnings per share were $1.91, representing a total return on equity of 11.4%. Our annual net earnings continued to exceed our dividend payout for a third consecutive year, demonstrating our consistently strong credit performance. Our results were driven by high-quality interest income earned from our middle market borrowers and stable credit performance across our portfolio during the fourth quarter and throughout the year.Our net asset value ended the year at $17.60 per share, up from $17.54 from the previous quarter and up from $17.29 as of Q4 2022, reflecting the underlying portfolio strength. In addition, total dividends to our shareholders were $1.60 per share for 2023 reflecting a 16% increase from 2020 to dividends. Subsequent to quarter end, our Board declared a first quarter dividend equal to $0.42 per share and payable to record date holders as of March 28th, 2024.As we have highlighted to our shareholders in prior calls, our management team, alongside our Board has been continuously evaluating paying out any additional dividends as we neared year end in recognition of the strength of our 2023 earnings, as demonstrated by the Company's strong net investment income and continued growth in our excess undistributed earnings, our Board has declared additional dividends to shareholders totaling $0.12 per share for 2024. We intend to pay the special dividends and installments of $0.03 per share each quarter throughout the year, together with our declared regular and special dividend, our total dividend payout for the first quarter represents an attractive yield of 10.2% annualized on ending book value at BCSS. current trading levels.Our total Q1 dividend represents an 11.6% annualized yield, and we believe this is a compelling level for investors on both an absolute and relative value basis across the BDC sector over the course of 2023, our middle market borrowers across our diversified portfolio demonstrated resiliency against a macroeconomic backdrop of moderate inflation and stunted economic growth. Corporate fundamentals remain solid with net debt to EBITDA across our borrowers declining to a median net leverage across our portfolio of 4.8 times at year end. The strong credit quality health of our portfolio, as reflected both by the low nonaccrual rate of 1% of the portfolio at fair value and the small number of portfolio companies on our watch list at only 5% of our portfolio at fair value merited a risk rating three or four are lowest ratings.We ended the fourth quarter at a net leverage ratio of 1.02 times at the lower end of our target net leverage ratio of between one and 1.25 times, providing us with ample dry powder to capitalize on new investments in the current environment. While middle market transaction volumes were lower throughout 2023, we believe future transaction growth from new LBO and M&A processes are expected to be higher in 2024 with a clearer macroeconomic outlook and increased clarity on the rate environment. Importantly, while much has been made in the press lately of the return of the broadly syndicated loan market and how it may portend a decline in private credit opportunities going forward.The public markets have never been a player in our core middle-market segment of companies with $25 million to $75 million of EBITDA. And we don't see that dynamic changing in the future and Capital's global and long-standing presence in the middle market positions us well to source new investment opportunities from our broad and deep set of relationships while remaining highly selective. Furthermore, our platform. Incumbency advantage provides us with a sourcing, underwriting and execution hedge as new deal flow volume has slowed over the past year, supporting existing portfolio companies has been an increased source of new investment activity across our platform as we've been providing add-on capital to existing portfolio companies to allow them to grow and execute their business plans.I will now turn the call over to Mike Boyle, our President, to walk through our investment portfolio in greater detail. Mike?\nMike Boyle\nThank you, Mike, and good morning, everyone. I'll start by discussing our investment activity in the fourth quarter and then provide an update in more detail on our portfolio of new fundings during the fourth quarter were $206 million across 43 portfolio companies including $56 million to two new companies, $145 million to 40 existing companies, and $5 million for the ISLP. Sales and repayment activity totaled approximately $308 million, resulting in net funded portfolio decline of $102 million quarter over quarter.For the full year, fundings were $821 million. Total Sales and repayment activity for the year were $924 million. And as a result of this activity, the size of our total portfolio modestly declined 4% year over year, but that leaves us well positioned with ample dry powder for investment opportunities over the course of 2020 for our new investing activities for the fourth quarter and full year were comprised of a mix of fundings to new portfolio companies and existing portfolio companies.During the fourth quarter, fundings to new portfolio companies represented 27% of total versus 73% to existing companies. For the full year, 52% of our investment activity was lending to new portfolio companies with the remaining 48% to existing companies, highlighting the importance of incumbencies in a market with muted LBO volumes. The cornerstone of our investment philosophy is focused on rigorous fundamental due diligence at the industry and company level.During the quarter, we continued to leverage Bain Capital's in-house industry knowledge across our new investments. Our two largest investments this quarter were to companies within industries that are less traffic capital equipment than aerospace and defense. In Q4, we provided a first lien senior secured loan at so for plus 675 and a preferred equity co-investment to AXH. air coolers, a supplier of air-cooled heat exchangers, which are manufactured products that are used to cool gases and liquids. We source this investment from a high-quality sponsor who also knows the niche end market well and has partnered with us on prior investments within the sector.We also provided add-on capital to forward slope, a provider of mission-critical software and surveillance solutions to the to the defense industry. Aerospace and defense is our largest sector exposure and one that we continue to favor in the current environment. Given the noncyclical nature of the demand drivers in this industry. Our add-on investment was structured at the same interest rate as our existing first-lien loan at so for a plus 275 basis pointsTurning to the investment portfolio. At the end of the fourth quarter, the size of our investment portfolio at fair value was approximately $2.3 billion across a highly diversified set of 137 portfolio companies operating across 31 different industries. Our portfolio primarily consists of investments in first-lien senior secured loans, given our focus on downside management and investing at the top of capital structure. As of December 31st, 64% of the investment portfolio at fair value was invested in first-lien debt, 3% in second lien debt, 2% in subordinated debt, 5% in preferred equity, 10% in equity and other interests and 16% across our joint ventures.As we have highlighted to our shareholders and prior earnings call, 96% of the underlying investments held in our joint ventures consist of first lien loans resulting in a look-through first lien exposure of approximately 82% of the overall portfolio. As of December 31st, 2023, the weighted average yield on the investment portfolio at amortized cost in fair value were 13.0% and 13.1% respectively, as compared to 12.9% and 13.1% as of September 30th, 2023, 94% of our debt investments bear interest at a floating rate positioning the Company favorably as interest rates have continued to rise beyond Referenceware floors across our loan portfolio.Moving on to portfolio credit quality trends, fundamentals remained healthy, and we have observed positive credit migration across our portfolio. As Mike highlighted earlier, the median leverage at the attachment point declined to 4.8 times as of December 31, as compared to 5.0 times as of September 30. Over the course of the year, we were pleased to see declining leverage across older vintage companies. It have come back in line with our budgets. During the quarter, we realized the net gain by exiting our investment in black brush oil and gas. This was the 2018 vintage investment was restructured back in 2020, and we were pleased to demonstrate our ability to drive towards a positive outcome for our shareholders by taking ownership of that business.The gross IRR and multiple of money for our investment in BlackRock, oil and gas were 14% and 1.6 times, respectively. At year end, we have a small residual value that we currently back to near term distribution at or near our marks within our internal risk rating scale, we saw modest improvement within our risk rating one and two investments, which indicate that the company is performing in line or better than expectations relative to our original underwrite as of December 31, these investments comprise 95% of our portfolio at fair value relatively unchanged from the prior quarter end.Risk-rating 3 and 4 investments comprise 5% of our portfolio at fair value, consistent with prior quarter-end. Investments on nonaccrual remain low across our portfolio and represented 1.9% and 1.2% of the total investment portfolio at amortized cost and fair value as of December 31, as compared to 1.5% and 1.0%, respectively, as of September 30th.Amit will now provide a more detailed financial review.\nAmit Joshi\nThank you, Mike, and good morning, everyone. I'll start the review of our fourth quarter 2023 results with our income statement. Total investment income was $74.9 million for the three months ended December 31st, 2023, as compared to $72.4 million for the three months ended September 30, 2023. The increase in investment income was primarily driven by increase in dividend and other income. BCSF. continues to benefit from high-quality sources of investment income, largely driven by contractual cash income across its investment. Interest income and dividend income represented 97% of our total investment income in Q4.Total expenses for the fourth quarter were $39 million as compared to 36.1 million for the third quarter. Net investment income for the fourth quarter was $34.9 million, or $0.54 per share as compared to $35.6 million or $0.55 per share for the prior quarter. Net investment income per share for the full year 2023 was $2.19 during the three months ended December 31, 2023, the Company had a net realized and unrealized losses of $3.8 million. Notably, the company had $19 million of net realized gains during the fourth quarter, primarily driven by an exit of our investment in Black Butte U.S. oil and gas. As Mike highlighted earlier, net income for the three months ended December 31, 2023 was $31.1 million or $0.48 per share.Moving over to our balance sheet. As of December 31, our investment portfolio at fair value totaled $2.3 billion and total assets of $2.5 billion. Total net assets were $1.1 billion. As of December 31, 2023, net per share was $17.60 up from $17.54 at the end of Q3, representing a 0.3% increase quarter-over-quarter. The increase in our NAP was primarily driven by over-earning of our dividend. At the end of Q4, our debt to equity ratio was 1.11 times as compared to 1.22 times for the end of Q2. Our net leverage ratio, which represents principal debt outstanding, less cash and uncertainty. It was 1.02 times at the end of Q4 as compared to 1.12 times at the end of Q3.As of December 31, approximately 53% of outstanding debt was in floating rate debt and 47% in fixed rate debt. The company does not have any debt maturities until 2026. And the weighted average maturity across our total debt commitments was 4.3 years on December 31, 2023. Our debt funding continues to benefit from low fixed rate debt sectors, and we access the unsecured market during the period of low interest rates for the three months ended December 31st, 2023.The weighted average interest rate on our debt outstanding was 5.3% as compared to 5.4% as of the prior quarter. Liquidity at quarter end total for $48 million, including three $43 million of undrawn capacity on our revolving credit, facility hundred and $12 million of cash and cash equivalents, including $63 million of restricted cash and liquidity was netted with $7 million of unsettled trade payables, net of receivables and payable of investment.As Mike highlighted earlier, our Board declared a first quarter 2024 dividend equal to $0.42 per share payable on April 30th, 2024. Stockholders of record on March 28, 2024. Given our strong earnings throughout the year. The outgoing dividend paid in 2023 in voting in an increase in our undistributed taxable income or spillover income. We currently estimate that our spillover income totaled approximately $0.87 per share at year-end, reflecting an increase of $0.51 per share from 22 levels. On and currently represent over two times of our quarterly regular debt as a result of company's spillover income expansion throughout the year, our board declared additional dividend totaling $0.12 per share during 2024. This will be paid in four equal quarterly installments, or $0.03 per share alongside our regular debt.First additional dividend of $0.03 per share is payable on April 30th, 2024 to stockholders of record on March 28, 2024, including a $0.42 per share regular quarterly dividend. This brings our total Q1 distribution to $0.45 per share, which equates to an annualized dividend yield of 10.2%. Based on our ending fourth quarter, we will continue to monitor our undistributed earnings against prudent capital management considerations. Overall, we believe having a strong and meaningful amount of undistributed income is beneficial to the stability of our dividend through varying market conditions.With that, I turn the call back over to Mike.\nMichael Ewald\nGreat. Thanks. In closing, we were pleased with the execution of our investment strategy on behalf of our shareholders during the fourth quarter and throughout 2023 we demonstrated attractive levels of investment income earned across our portfolio and strong credit performance across our middle market borrowers. As we look forward into 2024, we believe we are well positioned to capitalize on attractive growth opportunities. We remain committed to delivering value for our shareholders by producing attractive returns on equity, including through our newly announced additional special dividends and thank you for the privilege of managing our shareholders' capital. Jenny, please open the line for questions.\nOperator\nThank you. Ladies and gentlemen. We will now begin the question-and-answer session. If you have a question, please press the star followed by the one on your touchtone phone. You will hear a three-tone prompt acknowledging your request. Questions will be taken in the order received. Should you wish to cancel your request, please press the star followed by the tech field. If you're using a speakerphone, please pick up the handset before pressing any keys. Your first question is from Paul Johnson from KBW. Please ask your question.\nPaul Johnson\nYes. Thank you for taking my questions this morning. And I just kind of wondered just kind of give some maybe higher level. Our commentary on credit obviously looks like come there's two or three and four rated names in the portfolio this quarter. And off from that black brush would have been one of those names, but maybe talk about the movements there as well as just the new nonaccrual this quarter.\nMichael Ewald\nSure. Thanks for the question. As of as we've highlighted, the number has stayed and quite low, particularly our nonaccrual number, representing about 1% of the portfolio. I'd say the nonaccruals we've had have been highly idiosyncratic and across varied industries, right now we have three different names on nonaccrual, clearly expanding from consumer industries to more industrial industries. And I think we have marked all of those positions appropriately probably close to where we think ultimate recoveries are across the portfolio. I think some of the positive migration has been named that and that was COVID era issues that we've seen companies start to perform better.One of the specific companies is actually in an educational travel space that was dealing with a reduction in travel during COVID. But as we've seen the world reopen and the company get back on firm footing, we were able to take that name off of nonaccrual and move that up back to our risk rating three. So it really has been highly idiosyncratic. And I think I'd highlight the fact that 95% of the portfolio is at or above budget really focusing in on the fact that credit credit has been stable in spite of some of these idiosyncratic issues.\nPaul Johnson\nThanks for that, Michael. That's very helpful. And then I guess just kind of looking at the opportunity set globally on where do you kind of weigh, I guess, the best set of opportunities today. I mean, is it Europe is that the United States or somewhere else internationally? What do you how are you kind of looking at the world today?\nMichael Ewald\nI would say today, the relative value across the different geographies is fairly equivalent. As we talked about in the past, for example, in 2021. The US is a little bit overheated. So we focused them on Europe 2022. We'll have it more focused on the U.S. Given some of the geopolitical concerns in Europe. But as we sit here today, I'd say that they're probably relatively equivalent. And the one caveat I would say is that, as Mike highlighted, most of our deal flow. A big chunk of our deal flow in 2023 has been with existing portfolio companies. So there's just been a dearth of new route volume across geographies. So we're happy to take a look at anything in either geography, certainly, Australia, New Zealand as well. And it's just been a little bit more focused on existing portfolio companies. The past year or so.\nPaul Johnson\nGreat. Thanks for the commentary. That's helpful.\nMichael Ewald\nSure. Thanks, Paul.\nOperator\nThank you. And once again, should you have a question, please press star one. There are no further questions at this time. I will now hand the call back to Mike Ewald for closing remarks.\nMichael Ewald\nThanks, Jenny. And again, thanks, everyone, on the phone, not just for your time today. But for your support of BCSS. over the years, we look forward to bringing more news in the upcoming quarters. Thanks very much, Centene's.\nOperator\nLadies and gentlemen, the conference has now ended. Thank you all for joining. You may all disconnect.", "BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.\nU.S. futures were flat and oil prices fell.\nTokyo's Nikkei 225 index fell 0.7% to 38,953.49 after data showed factory output falling in January at the fastest pace since May 2020, although retail sales were stronger than expected.\nHong Kong's Hang Seng surged 0.9% to 16,684.19 and the Shanghai Composite index jumped 1.5% to 3,002.59. The smaller index in Shenzhen was up 2.5% after regulators released new measures to support markets including closer oversight of financial derivatives.\nSouth Korea's Kospi slipped 0.3% to 2,644.43 while the S&P/ASX 200 edged 0.1% higher, to 7,665.50.\nOn Wednesday, the S&P 500 slipped 0.2%, to 5,069.76, continuing its quiet and listless run since setting a record last week. The Dow Jones Industrial Average dipped 0.1% to 38,949.02. The Nasdaq composite sank 0.5%, to 15,947.74, a day after pulling within 0.1% of its record set in 2021.\nTreasury yields also eased in the bond market after a report saidthe U.S. economy likely grew a touch slowerin late 2023 than earlier estimated. The economy continues to defy expectations of a recession despite high interest rates meant to bring down inflation.\nA 1.3% drop for Nvidia and 1.8% slump for Google’s parent company, Alphabet, were two of the heaviest weights on the market. They’re among a small group of Big Tech stocks that have been disproportionately responsible for the S&P 500’s run to records.\nSuch concentration in the market can be a concerning signal, according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. Broad gains among a wide variety of stocks are typically a more favorable sign that the market's strength is sustainable.\nBumble tumbled 14.8% after it reported weaker results for the latest quarter than analysts expected. The dating and friend-making app company, which recently revamped its leadership team, also gave a forecast for revenue this upcoming year that fell short of analysts’ expectations.\nBoston Beer, the company behind Samuel Adams, slid 15.8% after reporting a larger loss than analysts expected. It was hurt by declines for its Truly hard seltzer.\nUrban Outfitters dropped 12.8% after the retailer reported weaker results than expected. The company, which also runs Anthropologie stores, said sales are continuing to weaken at its Urban Outfitters locations.\nHelping to limit the market’s losses was eBay, which rose 7.9% after reporting stronger results than analysts expected. Axon Enterprise, the company that sells Tasers, body cameras and other equipment, also turned in a better-than-expected profit report, and its stock jumped 13.8%.\nCoinbase gained 0.8% after rising more earlier in the day to continue its strong run as bitcoin’s price keeps rallying. New exchange-traded funds that make investing in bitcoin easier have raised interest in the cryptocurrency, with BlackRock’s iShares Bitcoin fund alone quickly growing to $7 billion in assets.\nBitcoin’s price briefly topped $64,000 Wednesday for the first time since 2021. It’s pulling closer to its record of nearly $69,000 after rising more than 40% so far this year.\nCoinbase’s CEO, Brian Armstrong, apologized to customers during the day for issues they encountered because the company was “dealing with a LARGE surge of traffic” as bitcoin’s price soared. The company said some users may have seen a zero balance across their accounts and had errors in buying and selling.\nBeyond Meat surged 30.7% even though it reported much weaker results for the latest quarter than expected. Its revenue was slightly better than forecast after falling less than expected, and it said its profitability will likely increase through 2024.\nAgilent Technologies gained 3.4% for one of the bigger gains in the S&P 500 after beating forecasts for both profit and revenue.\nIn other trading Thursday, U.S. benchmark crude oil gave up 10 cents to $78.44 per barrel in electronic trading on the New York Mercantile Exchange.\nBrent crude, the international standard, shed 9 cents to $82.06 per barrel.\nThe U.S. dollar fell to 149.83 Japanese yen from 150.69 yen. The euro rose to $1.0836 from $1.0834.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", "BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.\nU.S. futures were flat and oil prices fell.\nTokyo's Nikkei 225 index fell 0.7% to 38,953.49 after data showed factory output falling in January at the fastest pace since May 2020, although retail sales were stronger than expected.\nHong Kong's Hang Seng surged 0.9% to 16,684.19 and the Shanghai Composite index jumped 1.5% to 3,002.59. The smaller index in Shenzhen was up 2.5% after regulators released new measures to support markets including closer oversight of financial derivatives.\nSouth Korea's Kospi slipped 0.3% to 2,644.43 while the S&P/ASX 200 edged 0.1% higher, to 7,665.50.\nOn Wednesday, the S&P 500 slipped 0.2%, to 5,069.76, continuing its quiet and listless run since setting a record last week. The Dow Jones Industrial Average dipped 0.1% to 38,949.02. The Nasdaq composite sank 0.5%, to 15,947.74, a day after pulling within 0.1% of its record set in 2021.\nTreasury yields also eased in the bond market after a report saidthe U.S. economy likely grew a touch slowerin late 2023 than earlier estimated. The economy continues to defy expectations of a recession despite high interest rates meant to bring down inflation.\nA 1.3% drop for Nvidia and 1.8% slump for Google’s parent company, Alphabet, were two of the heaviest weights on the market. They’re among a small group of Big Tech stocks that have been disproportionately responsible for the S&P 500’s run to records.\nSuch concentration in the market can be a concerning signal, according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. Broad gains among a wide variety of stocks are typically a more favorable sign that the market's strength is sustainable.\nBumble tumbled 14.8% after it reported weaker results for the latest quarter than analysts expected. The dating and friend-making app company, which recently revamped its leadership team, also gave a forecast for revenue this upcoming year that fell short of analysts’ expectations.\nBoston Beer, the company behind Samuel Adams, slid 15.8% after reporting a larger loss than analysts expected. It was hurt by declines for its Truly hard seltzer.\nUrban Outfitters dropped 12.8% after the retailer reported weaker results than expected. The company, which also runs Anthropologie stores, said sales are continuing to weaken at its Urban Outfitters locations.\nHelping to limit the market’s losses was eBay, which rose 7.9% after reporting stronger results than analysts expected. Axon Enterprise, the company that sells Tasers, body cameras and other equipment, also turned in a better-than-expected profit report, and its stock jumped 13.8%.\nCoinbase gained 0.8% after rising more earlier in the day to continue its strong run as bitcoin’s price keeps rallying. New exchange-traded funds that make investing in bitcoin easier have raised interest in the cryptocurrency, with BlackRock’s iShares Bitcoin fund alone quickly growing to $7 billion in assets.\nBitcoin’s price briefly topped $64,000 Wednesday for the first time since 2021. It’s pulling closer to its record of nearly $69,000 after rising more than 40% so far this year.\nCoinbase’s CEO, Brian Armstrong, apologized to customers during the day for issues they encountered because the company was “dealing with a LARGE surge of traffic” as bitcoin’s price soared. The company said some users may have seen a zero balance across their accounts and had errors in buying and selling.\nBeyond Meat surged 30.7% even though it reported much weaker results for the latest quarter than expected. Its revenue was slightly better than forecast after falling less than expected, and it said its profitability will likely increase through 2024.\nAgilent Technologies gained 3.4% for one of the bigger gains in the S&P 500 after beating forecasts for both profit and revenue.\nIn other trading Thursday, U.S. benchmark crude oil gave up 10 cents to $78.44 per barrel in electronic trading on the New York Mercantile Exchange.\nBrent crude, the international standard, shed 9 cents to $82.06 per barrel.\nThe U.S. dollar fell to 149.83 Japanese yen from 150.69 yen. The euro rose to $1.0836 from $1.0834.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", 'By Kevin Buckland\nTOKYO, Feb 29 (Reuters) - Asian equities were mostly weaker on Thursday, while the dollar and U.S. Treasuries were largely steady ahead of crucial U.S. inflation data that could provide fresh clues on when the Federal Reserve will cut interest rates.\nChinese stocks, though, rebounded from Wednesday\'s sharp decline to keep them on track for their best month since November 2022.\nThe yen gained as a Bank of Japan official hinted at the need to exit ultra-easy monetary stimulus.\nMeanwhile, cryptocurrency bitcoin fluctuated around $61,400 following a three-day, 24% ascent that brought it to a more than two-year peak at $63,933.\nWall Street futures pointed marginally lower, following declines for all three major indexes overnight. S&P 500 futures pointed down 0.04% and Nasdaq futures fell 0.06%.\nInvestors are wary ahead of the release later in the day of the Fed\'s preferred inflation gauge, the personal consumer expenditures (PCE) price index, after dialling back bets for a first rate cut to June. At the start of the year, wagers were on March.\nThursday also sees inflation data from German states, France and Spain, ahead of the euro area\'s figures on Friday.\nJapan\'s Nikkei share average slipped 0.45% as of 0205 GMT, easing back a little further from the record peak reached on Tuesday.\nSouth Korea\'s Kospi declined 0.54%, while Taiwan and Australia benchmarks were flat.\nHowever, mainland Chinese blue chips jumped 0.82%, recovering after a 1.27% slide in the previous session. For the month, they are up 8.3%, looking certain to snap a six-month streak of declines.\nThis month, state-led buying and tighter regulations have been primarily responsible for pulling the index off five-year lows, but expectations for more aggressive stimulus will need to become reality to retain the momentum amid a moribund economy, saddled with listless consumers and a teetering property market.\nNext week\'s annual session of the National People\'s Congress, where the year\'s growth target will be set, and a plan laid out for achieving it, will provide the clearest indications of the government\'s stimulus efforts.\nHong Kong\'s Hang Seng added 0.44%.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan edged 0.06% higher.\nThe U.S. dollar index, which measures the currency against six major peers including the yen, euro and sterling, edged 0.06% lower to 103.86.\nMost of that was driven by a dip against the yen, after BOJ board member Hajime Takata said in a speech that the central bank needs to consider "nimble and flexible responses," including ending policies such as negative interest rates and yield curve control.\nAnalysts and investors have been primarily expecting the BOJ to exit negative rates in April, with a risk of a move in March.\nThe dollar dropped 0.52% to 149.91 yen, falling through the closely watched 150 line for the first time in more than a week.\nThe euro was little changed at $1.0834, and sterling was flat at $1.26635.\nBenchmark U.S. 10-year Treasury yields were stable at around 4.28%.\nBitcoin was 1.5% higher at $61,477, after jumping to the cusp of $64,000 overnight for the first time since November 2021, and bringing the all-time high of $68,999.99 into sight.\n"If this were any other market, it would likely be in the \'blow-off top - don\'t go near that bubble\' category, but bitcoin is back in its parabolic-rally phase, with no immediate signs of a top," said Matt Simpson, senior market analyst at City Index.\nIn commodities, oil prices eased after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure.\nBrent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel. U.S. West Texas Intermediate crude futures were down 30 cents, or 0.4%, to $78.24 a barrel.\n(Reporting by Kevin Buckland; Additional reporting by Ankur Banerjee; Editing by Christian Schmollinger)', 'Bitcoin (BTC)price surged over 10% to a new yearly high of $64,000 on February 28. This impressive rally, which pushed the price up by 50% this month, is largely attributed to investor anticipation surrounding the upcoming supply halving event, historically followed by price increases.\nFurthermore, the steady influx of capital into newly launched spot Bitcoin exchange-traded funds (ETFs) is believed to be fueling this upward trend. However, some technical analysts caution against excessive optimism. They warn that the current market structure and high funding rates across the board indicate extensive leverage use, potentially leading to a correction triggered by forced liquidations.\nShortly after reaching $64,000, a sudden price drop saw Bitcoin plummeting to $58,700. This is likely attributed to a combination of selling pressure at the $64,000 level and the liquidation of leveraged long positions. However, Bitcoin has managed to recover nearly 5% of the lost ground at the time of writing.\nWith Bitcoin currently sitting less than 13% below its all-time high, both retail and institutional investors hold onto the expectation that the record of $68,900 will be surpassed before the supply halving event in approximately 52 days. However, the potential for a correction due to excessive leverage and the uncertain market dynamics necessitate cautious optimism in the near future.', 'Bitcoin (BTC)price surged over 10% to a new yearly high of $64,000 on February 28. This impressive rally, which pushed the price up by 50% this month, is largely attributed to investor anticipation surrounding the upcoming supply halving event, historically followed by price increases.\nFurthermore, the steady influx of capital into newly launched spot Bitcoin exchange-traded funds (ETFs) is believed to be fueling this upward trend. However, some technical analysts caution against excessive optimism. They warn that the current market structure and high funding rates across the board indicate extensive leverage use, potentially leading to a correction triggered by forced liquidations.\nShortly after reaching $64,000, a sudden price drop saw Bitcoin plummeting to $58,700. This is likely attributed to a combination of selling pressure at the $64,000 level and the liquidation of leveraged long positions. However, Bitcoin has managed to recover nearly 5% of the lost ground at the time of writing.\nWith Bitcoin currently sitting less than 13% below its all-time high, both retail and institutional investors hold onto the expectation that the record of $68,900 will be surpassed before the supply halving event in approximately 52 days. However, the potential for a correction due to excessive leverage and the uncertain market dynamics necessitate cautious optimism in the near future.', '(Updated at 0349 GMT)\nBy Tom Westbrook\nSINGAPORE, Feb 29 (Reuters) - The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after comments from Bank of Japan official hinted at the need to exit ultra-easy policies.\nBitcoin remained on the charge having topped $63,000 overnight as it rides a wave of cash rushing to new U.S. bitcoin exchange-traded funds. It is up more than 45% this month, its largest gain since December 2020 and a record high above $69,000 is within sight. It was last at $61,315.\nThe yen has been squeezed because investors see short-term rates near zero in Japan and stubbornly high U.S. and European interest rates - driving selling in the Japanese currency in order to earn better returns almost everywhere else.\nThe yen is down 2% on the dollar in February and 2.7% on the euro - its largest monthly slide on the common currency since last June which has carried it to three-month lows.\nOn Thursday, the yen strengthened 0.60% to 149.77 per dollar after BOJ board member Hajime Takata said the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control.\n"Markets have been dovish in terms of the timing on BOJ move... Takata\'s remarks should add to conviction that an earlier than expected hike at March meeting should not be ruled out," said Christopher Wong, currency strategist at OCBC.\n"With JPY shorts at record high, unwinding of shorts should see JPY bears run for cover."\nThe yen has weakened to 150.68 per dollar earlier in the session, ever closer to October\'s weakest level at 151.74 and very close to prices that prompted government intervention in 2022.\nJapan\'s top currency diplomat Masato Kanda, speaking on the sidelines of the G20 finance leaders meeting in Sao Paulo, reminded traders the government is watching currency moves "with a strong sense of urgency" and stands ready to respond.\nThe New Zealand dollar nursed losses on bets that rate hikes there are finished. It last huddled at $0.6104 having dropped 1.2% on the dollar after the central bank held rates and surprised markets with a downward tweak to its rates Last 60 Days of Bitcoin's Closing Prices: [42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-02-29 Financial & Commodity Data: - Gold Closing Price: $2045.70 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,219,209,109,650 - Hash Rate: 540324029.7322387 - Transaction Count: 407090.0 - Unique Addresses: 772702.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Bitcoin rallied to a four-week high approaching $45,000 on Thursday amid record highs in U.S. equity indexes. Bitcoin, which fell as low as $42,700 on Wednesday, climbed almost 5% to $44,800, the highest since Jan. 11, according to CoinDesk data.“Technically speaking, bitcoin has broken out of a range and could be looking for a push to a fresh yearly high through $50,000,” said LMAX Digital in a morning note. According to Laurent Kssis, a crypto ETP specialist at CEC Capital: “This pump is driven by leverage, i.e the open interest on BTC contracts has increased by $982 million in less than 24 hours.” Kssis said he remains cautious, and the $40,000 level could be tested over the weekend. “But overall liquidation indicates a further small appreciation for BTC which will break the key 45k support barrier.” Ether also gained, adding 3% to a two-week high after asset managers Ark Invest and 21Sharesamendedtheir joint spot ETH exchange-traded fund (ETF) filing.The CoinDesk 20rose 4%. Spot trading volume across centralized crypto exchangesrosefor the fourth consecutive month in January, climbing to a level last seen in June 2022 as the approval of bitcoin ETFs sparked renewed interest in digital assets.Volume increased 4.45% from December to $1.40 trillion, according to CCData. The price of bitcoin (BTC) surged going into the Jan. 10 ETF approval but mostly fell after that. “The price action following the highly anticipated approval suggests that the sell-off marked the end of an uptrend that had persisted for months,” said CCData. Binance remains the largest cryptocurrency exchange by trading volume, with volume rising 2.73% in January to $473 billion. It holds a market share of 31.3% but did see its spot share gradually decline over 2023 as the company faced an array of charges from regulators that eventually forced founder and CEO Changpeng "CZ" Zhao to step down. There is evidence the Blackrock (BLK) and Fidelity spot bitcoin (BTC) exchange-traded funds (ETFs) already have anadvantageover Grayscale when it comes to certain liquidity metrics linked to market breadth, JPMorgan (JPM) said in a research report Wednesday. Even though outflows from Grayscale’s GBTC slowed in the fourth week following approval by the U.S. Securities and Exchange Commission (SEC), the fund is expected to lose out to the newly created ETFs, and in particular to the Blackrock and Fidelity products, if it doesn't make a meaningful cut to its fees, the report said. Grayscale charges the most among spot bitcoin ETF issuers. It dropped its 2% management fee to 1.5% as part of its conversion to a spot bitcoin ETF, but is still much more expensive than rival offerings. • MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs • Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing • Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Net Flows ($, mm)": "4,945.56", "AUM ($, mm)": "69,412.67", "AUM % Change": "7.12%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "713.04", "AUM ($, mm)": "442,696.24", "AUM % Change": "0.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "520.20", "AUM ($, mm)": "8,069.56", "AUM % Change": "6.45%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "452.46", "AUM ($, mm)": "374,802.78", "AUM % Change": "0.12%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "444.70", "AUM ($, mm)": "413,710.03", "AUM % Change": "0.11%"}, {"Ticker": "EMXC", "Name": "iShares MSCI Emerging Markets ex China ETF", "Net Flows ($, mm)": "387.10", "AUM ($, mm)": "10,872.57", "AUM % Change": "3.56%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "333.04", "AUM ($, mm)": "31,918.28", "AUM % Change": "1.04%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "241.51", "AUM ($, mm)": "48,989.71", "AUM % Change": "0.49%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "240.66", "AUM ($, mm)": "252,623.54", "AUM % Change": "0.10%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "228.08", "AUM ($, mm)": "497,891.21", "AUM % Change": "0.05%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-308.54", "AUM ($, mm)": "16,321.70", "AUM % Change": "-1.89%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-224.63", "AUM ($, mm)": "12,001.62", "AUM % Change": "-1.87%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-205.69", "AUM ($, mm)": "63,372.91", "AUM % Change": "-0.32%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "-186.94", "AUM ($, mm)": "37,032.43", "AUM % Change": "-0.50%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-180.60", "AUM ($, mm)": "10,828.78", "AUM % Change": "-1.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "-176.81", "AUM ($, mm)": "828.05", "AUM % Change": "-21.35%"}, {"Ticker": "PMAR", "Name": "Innovator U.S. Equity Power Buffer ETF - March", "Net Flows ($, mm)": "-168.34", "AUM ($, mm)": "337.59", "AUM % Change": "-49.87%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,353.71", "AUM % Change": "-0.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-155.03", "AUM ($, mm)": "25,792.78", "AUM % Change": "-0.60%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-142.03", "AUM ($, mm)": "20,242.57", "AUM % Change": "-0.70%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-2.89", "AUM ($, mm)": "6,959.56", "% of AUM": "-0.04%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.64", "AUM ($, mm)": "17,293.10", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "-240.01", "AUM ($, mm)": "123,518.90", "% of AUM": "-0.19%"}, {"": "Currency", "Net Flows ($, mm)": "578.06", "AUM ($, mm)": "47,092.11", "% of AUM": "1.23%"}, {"": "International Equity", "Net Flows ($, mm)": "915.95", "AUM ($, mm)": "1,415,926.18", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-19.46", "AUM ($, mm)": "173,262.05", "% of AUM": "-0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "87.26", "AUM ($, mm)": "14,047.84", "% of AUM": "0.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "84.60", "AUM ($, mm)": "88,922.05", "% of AUM": "0.10%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "8,801.25", "AUM ($, mm)": "5,270,400.38", "% of AUM": "0.17%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "706.79", "AUM ($, mm)": "1,361,438.76", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "10,917.19", "AUM ($, mm)": "8,518,860.92", "% of AUM": "0.13%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, March 1 (Reuters) - The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.\nBitcoin\'s blistering rally took a breather and was last at $61,622, near a more than two year high and within range of the record high.\nThe cryptocurrency surged 45% in February, its biggest monthly gain in more than three years, boosted by cash rushing into exchange-traded funds which were approved and launched this year in the United States.\nThe dollar index, which measures the U.S. currency against six rivals, was at 104.11 after a volatile overnight session following the inflation report. The data showed U.S. prices picked up in January in line with expectations, while annual inflation slipped to the lowest in three years.\n"The inflation readings can be noisy month to month," strategists at Commonwealth Bank of Australia said in a note.\n"The data does emphasise the need for the FOMC to be cautious before beginning to normalise interest rates, especially in the current context of a still-tight labour market."\nA string of strong economic data and recent reports showing sticky inflation had led traders to rethink when the Fed will start its easing cycle, with expectations that June is likely to be the starting point.\nMarkets are pricing in a 65% chance of the Fed cutting rates in June, CME FedWatch tool showed, compared with March as the starting point at the beginning of the year.\nTraders are pricing in 82 basis points of cuts this year, closer to the Fed\'s own projection of 75 bps of easing and drastically lower than 150 bps of rate cuts anticipated when the year began.\nU.S. central bankers are looking through recent data showing price pressures rebounded last month, and are focusing instead on overall progress on inflation that they say will likely set the agenda for interest-rate cuts later this year.\n"I expect things are going to be bumpy," Atlanta Federal Reserve Bank President Raphael Bostic said.\nAfter a brief bout of strength on Thursday, the yen was back at 150 per dollar territory it has been rooted to in the past few weeks, leading to worries over possible intervention from the Japanese authorities.\nOn Friday, the yen weakened 0.19% to 150.27 per dollar, having strengthened to as much as 149.21 on Thursday after comments from Bank of Japan official Hajime Takata hinted at the need to exit ultra-easy policies.\nTakata\'s comments stoked expectations that the central bank could end negative rates in March rather than the widely held view of a move in April.\nBut on Friday, BOJ Governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank\'s 2% inflation target and stressed the need to scrutinise more data on the wage outlook.\nThe contrasting comments are likely to keep investors guessing about the next move from the central bank.\nIn other currencies, the euro was up 0.08% at $1.0812, while sterling was last at $1.2625, up 0.02% on the day.\nThe Australian dollar rose 0.08% to $0.65025, while the New Zealand dollar was little changed at $0.6088.\n(Reporting by Ankur Banerjee in Singapore Editing by Shri Navaratnam)', "John Kraft; Head of Strategy & Finance; ACI Worldwide Inc\nThomas Warsop; Chief Executive Officer; ACI Worldwide Inc\nScott Behrens; Chief Financial Officer; ACI Worldwide Inc\nPeter Heckmann; Analyst; D.A. Davidson & Co.\nJeff Cantwell; Analyst; Seaport Global Securities LLC\nOperator\nLadies and gentlemen, thank you for standing by. My name is Cath, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACI Worldwide, Inc. first quarter and full-year ended 2023 financial results. (Operator Instructions)I would now like to turn the conference over to John Kraft. Please go ahead.\nJohn Kraft\nThank you, and good morning, everyone. On today's call, we will discuss the company's fourth-quarter and full-year 2023 results. We will also discuss the financial outlook for the rest of 2024, and we'll take your questions at the end. The slides accompanying this call and webcast can be found at aciworldwide.com under the Investor Relations tab and will remain available after the call.Today's call is subject to Safe Harbor and forward-looking statements like all of our events. You can find the full text of both statements in our presentation deck and earnings release, both of which are available on our website and with the SEC.On this morning's call is Tom Warsop, our President and CEO; and Scott Behrens, our CFO. Before we begin, we wanted to make sure that everyone was aware of our upcoming Analyst Day which will be held in New York City on March 12. Please reach out if you haven't received an invitation.With that, I'll turn the call over to Tom.\nThomas Warsop\nGood morning, and thank you for joining our call. I'm going to start with some high-level thoughts on my first year as CEO, and I'll provide comments about our 2023 performance. I'll finish by reiterating my confidence in our ability to take advantage of strong market opportunities in 2024 and beyond. And then as usual, I'll hand it over to Scott and he'll discuss financial results in more detail and our outlook for 2024 and we'll open the line for questions after that.As you probably know, I've been the CEO first on an interim basis and then since June of last year on a longer-term basis. And during that time, I made it a point to personally visited many customers, partners and fellow ACS team members as possible.In that year.I've met in person more than 70% of our employees and all of our top 10 customers in more than 15 countries across five continents. And following those visits, I'm even more convinced that ACI is a company with world-class solutions, talented employees and a customer base unmatched in the industry. Our market position, combined with the substantial opportunities for expansion and growth in industry with the near continual change puts us in a position to accelerate our growth and help customers achieve and exceed their strategic objectives for in the future.In a moment, I'm going to start with 2023, we had a solid performance. We exited the year strong, and that has set us up to accelerate our growth. This year. We delivered results in line with or above our expectations and with the guidance we provided to you this time last year, we saw strength in our biller segment with revenue growth of 9% and EBITDA growth of 32% in 2023. We went live with the first two of several phases of the implementation of a large new filler customer that we signed in 2022 more phases of that program go live in 2024 and they're on track. We also signed a large new utility customer is on track to go live and begin ramping in the middle of 2024, and we continue to make incremental progress with our interchange improvement program. Our banking segment saw notable strength in cross-sales of our anti-fraud and real-time payment solutions, and those saw revenue growth of 35% and 24%, respectively in 2023. Our anti-fraud solution utilizes artificial intelligence and proprietary access to ACI. generated Big Data to truly lead in the category. So we continue to be excited about our opportunities in real-time payments to illustrate our continued success in this area around the world. We signed up three new central infrastructures in the quarter, including our bank book, the loan approval account that Colombia and the Nepal clearinghouse. We're now supporting nine central infrastructures globally along with more than 25 national and regional real-time payment schemes.And lastly, in our Merchant segment that we had a bit of a slow start to 2023, we exited the year with a strong Q4 rate of growth, and we expect growth to accelerate in 2024. We remain excited about leveraging our best-in-class payments expertise to help our clients offer the Optimal payment choices to their consumers while providing a safe, secure payment processing environment.Our proprietary AI-driven fraud management tools are helping to protect our billers and merchants from fraudulent transactions. Perhaps most importantly, our sales pipeline is strong and growing, and we expect to see particularly strong demand in our banking segment. As I mentioned in our last call, the maturation of real-time payments around the world is driving an intense analysis of payments, technology infrastructures by banks everywhere.When these institutions think about which firms to work with to address this critical need. Aca is virtually always on the list and near the top because of our history, market presence and proven expertise. We are a usual suspects. The fact that many of the largest financial institutions in the world already rely on our proven software means we're the only choice for a lower risk, high reliability modernization, ACOs, reliability and scalability are unquestioned and we are seeing significant demand for our solutions, including our payments hub across the globe.Speaking of our payments hub, we're engineering it to support on-premise cloud and SaaS delivery models, making us a great choice for large and mid tier financial institutions alike, mid-tier or super regional sized customers in the past that often did not have the established infrastructure to take advantage of ACA's, highly reliable and scalable software. Our newer solutions, cloud enablement and SaaS offerings have made this possible. You'll hear more about this at Analyst Day, but I want to reiterate this is a net new opportunity for us. It substantially increases the size of our historic addressable market and it presents an opportunity to bolster our already accelerating growth rate.Our biller segment, we saw a significant turnaround in 2023. We'll see further growth in 2024 as we had a full year benefit of customer go-lives we saw in 2023, as well as the go-lives of additional large customers sold during last year. This revenue growth, combined with continued success in our interchange improvement program, will continue to deliver margin improvement in our Merchant segment, our investments are paying off. We saw Q4 deliver the strongest rate of quarterly growth of the year, and we expect that momentum to carry into 2024. In fact, we signed a significant new customer in the fuel source segment in the first week of the year. A great way to start.Overall, I'm pleased with where we are as a company. We have a strong balance sheet. We have leverage below our long-term target, and we're accelerating our top line as we've long promised for managing our expenses well with a strong team. We have a strategy in place that positions us well to accelerate growth in 2024 and beyond. I'm also happy to announce that today we have appointed two new members to our already strong Board of Directors to Trynka McCallum, who spent many years at SAP software company, Red Hat, most recently as Vice President of customer and product experience at one Bonita, the former President of go fund me and General Manager of Braintree, which is now part of PayPal Trynka and one will provide great support as we expand our SaaS businesses and drive accelerated productivity through more use of generative AI, large learning models and machine learning saying both of them have overseen before before I turn it over to Scott, I want to remind you of our upcoming Analyst Day.As John mentioned, we're hosting an event in New York City on March 12th. We invite you to attend in person or online as we discuss our business segments and exciting global opportunities.With that, I'm going to turn it over to Scott to discuss financials and guidance.Scott?\nScott Behrens\nThanks, Tom.And good morning, everyone. I first plan to go over our financial results for 2023. I'll then provide our outlook for 2024. We'll then open the line for questions. I'll be starting my comments on Slide 4 with key takeaways from the fourth quarter. Q4 2023 revenue was 477 million, up 5% from Q4 2022. And we continue to see solid growth in our underlying recurring revenue, which was up 7% compared to Q4 2022. Adjusted EBITDA was 210 million, up 8% from Q4 2022. Our EBITDA growth contributed to strong cash flow growth in Q4 2023, with cash flow from operating activities of $86 million more than doubled Q4 2022.As we look at the segment results, our paint segment revenue increased 3% and bank segment adjusted EBITDA was up 1% compared to Q4 2020 to our merchant segment, revenue increased 4% and segment adjusted EBITDA increased 2% versus Q4 2022. And during the year, we saw improvement in the segment as expected, with revenue growth accelerating as we exited the year. Our biller segment saw the biggest improvement year over year with revenue increasing 9% and segment adjusted EBITDA increasing 60% versus Q4 2022. The growth in revenue and profitability in the segment is driven by both new customer go-lives as well as notable progress with our interchange improvement program.Turning next to slide 5, with key takeaways for the full year 2023. Revenue for the full year was 1.45 billion, up 5% from 2022. Adjusted EBITDA was $395 million, up 10% from 2022. And cash flow from operating activities was 169 million, up 19% from 20. We ended 2023 with 164 million in cash on hand and total debt outstanding of approximately 1 billion. Our net debt leverage ratio was 2.2 times. That is down from 2.6 times at the beginning of the year and is below our long-term target of 2.5 times. Also of note here in February, we completed the refinancing of our credit facility that was set to expire in April 2025 with a new five year credit facility on substantially the same economic terms as our existing facility, we repurchased approximately 1 million shares for 28 million in Q4 2023 and have further purchased an additional 2 million shares for $62 million so far here in 2024, which in total represents approximately 2.8% of our shares outstanding. And we currently have $110 million remaining on our repurchase authorization during 2024, we expect to continue to deploy a significant portion of our cash flow to share buybacks.And finally, turning to Slide 6. With our outlook for 2024, we expect to accelerate revenue growth to 7% to 9% in 2024, with revenue in a range of 1.547 to 1.576 billion. We expect 2024 adjusted EBITDA to be in a range of 418 to $428 million. And to help with your modeling, you'll find a few additional guidance assumptions on Slide 7. Net interest expense is expected to approximate 50 to 55 million, and depreciation and amortization is expected to approximate 115 to $120 million. Non-cash share-based compensation expense is expected to approximate 30 to $35 million. Our effective tax rate should approximate 25%. And lastly, our diluted share count should be around 108 million, which excludes future share buyback activity. We expect our revenue phasing by quarter to follow our historical seasonality with Q1 2020 for revenue to be in a range of 300 to $310 million and EBITDA to be in a range of 25 to 35 million.So in summary, we're very pleased with the 2023 results, which delivered revenue and EBITDA in the mid to high end of our guidance ranges that we provided to you at this time last year. That strong EBITDA growth and a resulting strong cash flow generation was used in part to pay down debt, resulting in our lowest leverage ratio in five years. And finally, we exited the year strong and see that momentum carrying into 2024 and in particular, the strength we're seeing in the underlying recurring revenue base of the business, which was up 7% in 2023, combined with the visibility and predictability of the license renewals next year. And the maturity of the sales and implementation pipeline sets us up well to deliver our 7.9% growth from 2022 we are pleased that this growth rate is in line with the long-range outlook we provided at our last Analyst Day in 2021 and demonstrates our ability to deliver results and look forward to sharing more about our new long-term outlook at our Investor Day in a couple of weeks.With that, we'll now open up the line for questions.Operator?Operator?\nOperator\n(Operator Instructions) Peter Heckmann, D.A. Davidson.\nPeter Heckmann\nWanted to see if you could give a little bit more color or interpretation on your bookings numbers. As you said, you're getting both ARR. and licenses and services bookings. And and when we look at those certainly down year over year on the ARR side, following a relatively stronger year in 2022, how should we interpret the air bookings and now the license and service bookings in terms of incorporating in that in the model?I mean, historically with the with this that in total bookings, yes.Directionally, that had some value that air bookings had been having a harder time kind of extrapolating that into when did those start to have an impact and how concerned should we be with or with the bill DOWN bookings for the year?\nScott Behrens\nYes. Thanks, Peter. Scott. Yes, we've talked about this now for a number of quarters. The one aspect of the ARR metric is it doesn't really capture the booking success that we have in the base business in the which is predominantly on-prem. And so we've been talking about our license and service sales. We put that we put that into the bookings table this quarter. That is up whether you're looking at the quarter over quarter year over year is up in the 16% to 17% range. And that's really where we've been seeing our success. So it's more of a function of which segment we're seeing success in bookings in 2023. And that's coming from banks really, if you look at banks over the last three years in terms of revenue growth, it's been coming out of coming out of COVID. If you exclude Dragonfly, our digital banking sale revenue, the banks has been really our strongest segment. It's been up 8% to 9% on a constant currency basis. And so we're continuing to see that strong bookings growth in the bank segment in license and services in 23.The only other thing I'd point out is, if you recall in 2022. On the ARR side, we did have our largest our biller deal that we've ever sold was into 2022 comps. So it's in that that sort of deal size did not recur in 2023?\nJohn Kraft\nYes, I think that was the only point I would have. And I'll just reiterate the point Scott just made. So 2022 is a little bit of an anomaly in that way. You mentioned that, Pete, when you signed two of the largest deals we've ever had in the history of that business and those showed up in the 2022 ARR numbers. We did not expect to repeat that in 2023. Of course, we didn't, but total bookings were very strong and we we were very confident in that the guidance that Scott just presented to you.\nPeter Heckmann\nGreat.That's good to hear that. And then in terms of interchange, and you had said in the press release that you do expect a net adjusted EBITDA margins and for the year to expand a bit.\nScott Behrens\nSo would that imply that interchange is maybe going to grow at about the same rate or maybe even a little bit faster than total revenue?I wouldn't necessarily, I would say generally in line with I think we still have some room for improvement there. And obviously, we had a big big improvement between 22 and 23 in terms of all the initiatives that we've put in place. But there's still there's still more to go. So I would say it's in line with or less than the total rate of revenue growth in that in that door segment.\nJohn Kraft\nYes, I mean, I think it's fair to say though, we as Scott said, we had a big improvement in 2023, and we don't have enough room to repeat that. But we do expect to see continued improvement and expansion of margin.\nPeter Heckmann\nOkay. Okay. That's fair. I'll get back in the queue.\nOperator\nJeff Cantwell, Seaport Research.\nJeff Cantwell\nOkay, thanks, guys. Can you talk about the guidance you gave for 2024 and your revenue growth of 7%, which was indicated and explain how you're thinking about revenue growth by segment.\nJohn Kraft\nCan you break that out for us?\nThomas Warsop\nAnd then specifically on your banking segments, what opportunities are you seeing there right now with clients maybe give us some flavor to what we should expect to see there in 2024 and maybe tell us about your pipeline. Thanks.\nScott Behrens\nYes, on the 2020 forecast, I think if you look at relative to 2023 on the the biller segment grew 9% in 2023. But that growth really was a function of, call it, three things, one is just your same-store sales growth. Second is the go-live and ramping up net new client business. And the third piece was the some of the repricing elements of dealing with the interchanges, we had 2022. So you've got to 2024, two of those three elements are still going to be. There may be some repricing on the left, but on a biller should fall back into call it that that's within the 7% to 9% growth rate that we're talking about in terms of total company, the bank business, which is in the last three year, kegger has been about eight plus percent on 2024.Will what kind of look like you'd be back to kind of mean reversion this year was only a couple of two or 3% for next year will will be back within that kind of three year average in that merchant, which was a drag essentially on growth in 2023. And as we talked about exited the year stronger and that that exit rate will carry into next year, we'd expect the merchant business really to be at the high end of our consolidated growth rate. So they're all all line up pretty much within that 7% to 9% growth, but a little bit different dynamics by each segment.\nJohn Kraft\nYes. And then on the I think your question was about banks, the bank segment and opportunities and pipeline. So we're seeing a number of different types of opportunities and it depends on which region of the world you're in, but I'll give you I give you kind of a flavor for it. So in a week, we continue to see price increases as we renew with our existing customers. So those are based on primarily on two things, volumes. So they need to buy more capacity from us than they did the last time and then price increases related to the inflation that has happened between of the last renewal and this one.So that's one driver, but that's that's in our more developed markets and then we look at places like Latin America and Asia. We see we see new opportunities with with financial institutions. And those are many of those are driven by what I mentioned in my comments earlier, the the understanding that real-time payments volumes are coming and that it depends on which country you're in, whether you whether these financial institutions have seen those volumes ramp yet or not, but everyone knows they're coming and they're thinking about how do I make sure that my payments infrastructure can handle that increase of volume because these are to large extent, those real-time payments are cannibalizing cash transactions.And so does a bank and a bank in Latin America doesn't know what they have to do with the cash transaction for that. But as it moves to real-time payments, that changes and they need to make sure they're ready for the for the volume and there they're making sure that they are they're trying to make sure they are and that when that opportunity comes for us to talk to them, they want to continue to take advantage of our proven scalability, reliability and then. So if they don't have it or they're looking to talk to us about it, if they do already have some of our software there, they're asking for our help to make sure the rest of their infrastructure can handle that increased volume. So those are some flavors of it. The pipeline is very strong, it's growing and that dynamic about being ready for the ramp in volume that they know is coming eventually. That's one of the key drivers.\nOkay.\nJohn Kraft\nThat's great.\nThomas Warsop\nAnd my follow-up on that on real-time payments is one of the biggest question really getting inbound about your opportunity is there's so much focus on that now, but my understanding is for your footprint is much broader than that globally. So would you mind. I don't want to preempt your Analyst Day and the answer too much here but today. But would you mind mapping out where you see the most significant opportunities for real-time payments is a very opposite, Asia Lat Am et cetera, or how would you characterize it?\nJohn Kraft\nWell, I don't I'm not trying to be flippant on this, but it's all of the above because where I think you probably know this, but just so we're on the same page, largest real-time payment market today in the world of India. That's the largest by far Brazil and China. Those are the three largest real-time payment markets in the world. And the rest of the world is to some extent playing catch-up. But the European Central Bank has mandated the the availability and support of real-time payments across the Eurozone. So you've got I mean, you have real-time payments in Europe, of course, but that is getting a lot more attention. And then Latin America is is an up and comer outside of Brazil. It's still relatively small volumes with real-time payments, but that's changing. And I mentioned we signed the central bank of Colombia in terms of supporting the their their real-time payments central infrastructure. That's just one example in Latin America. But I think that you will continue to see significant growth in the focus on and volumes of real campaigns in Latin America, but also in Asia and certainly in Europe. So lots of opportunity.You mentioned Fed now, I mean, Fed now still a new thing. It's only a few months in and the Fed has not published specific volumes yet, but we expected them to be pretty small at the beginning and they are above. We're getting new institutions signing on it at an increasing rate. And I don't have the exact number from the Fed in front of me, but the number of institutions has grown a lot since since that started. And what's what's really interesting too, is the clearing is a real-time payments and transactions have benefited from the all the marketing, the Fed's done around that now we are starting to see increased volumes. I think it's going to take continue to take a while before the volumes are extremely large. But again, to me the most interesting thing is the discussions that the anticipation our real-time payment volume increase is generated for us, and that's that's really good for us. It's it puts us in a position to help our customers deal with one of the biggest issues they're wrestling with right now.\nYes.\nScott Behrens\nThe only other thing I'd add to that is just in terms of a metric of our Real-Time Payments solution. Revenue growth in 2023 was 23% over 2022. And very little of the I mean, very little of that, if any right now is coming from Fed now. So there's really no there's not a real contingency on our 2024 outlook or in our longer-term outlook on, you know, A. or we're predicting a tipping point on that. Now specifically, really a lot of our growth historically in the near term is coming from international.\nThomas Warsop\nOkay, great. Appreciate all the color. Thank you.\nOperator\nAnd our next question comes from the line of Charles Eden with Stephens Inc., please go ahead. Your line is open.\nJohn Kraft\nGood morning, guys, and thank you for taking my question. As we think through the model for banking in 24, I was hoping you could comment on the renewal schedule. I think you said in the past that it was it would be a little more evenly distributed relative to 23. And I know Q3 was a big quarter for you had the big renewal there. But anything you could say around the on the cadence as we think through the model for banking would be helpful.Yes.\nScott Behrens\nWhat I would look at just I would phase the bank revenue in your modeling for 24, pretty consistent with 2023. We're always going to have kind of that second half and predominantly fourth quarter renewal timing. So if you model it consistent with 2023 that should set the up well for 20.\nJohn Kraft\nGot it. And on a follow-up, I wanted to drill into the biller segment a little bit and get a sense for what verticals specifically are driving the growth from both the new bookings, same store standpoint?Yes, I don't know that there's a single vertical that that drove it. I think the biggest growth because of the new sales that we've mentioned were the utilities and telecommunications segments. But we've seen we've seen good growth across the verticals that we support, but those would be the two largest.Got it. And if I could sneak one more in on capital allocation. You're in a pretty good spot from a balance sheet standpoint. You had mentioned that you're on the priority is buybacks. However, you do have that flexibility. So I was wondering if you could comment on M&A and if on your appetite towards potential targets that would potentially accelerate your go to market certain areas across your businesses.\nScott Behrens\nAnything you could say there would be helpful or I mean, I think we would always be opportunistic, but obviously in the it's been a number of years since we have done an acquisition, we did make the divestiture of our digital banking business. And in 2022, I would say just the I would look and look at 2024 at this point, very similar to 23. And that the balanced approach of both share buybacks and de-levering is really the the target capital allocation. I would just say I think we'd always be opportunistic if there was something accretive, but the balance this year is targeted to share buyback and and delevering Got it.\nJohn Kraft\nI appreciate all the color.\nOperator\nYour next question comes from the line of Joe Vafi with Canaccord Genuity. Please go ahead. Your line is open.\nJohn Kraft\nGood morning. This is Carlos Annie on for Joe. Thanks for taking our questions. First off, Tom, you touched on our Gemini and large language models in in your remarks. Can you give us some examples of how you're using JNI currently? And what are some near-term opportunities for you there?\nScott Behrens\nAnd I have a follow-up to your.\nJohn Kraft\nSure, three three primary use cases for us with the with Gen and LOMs. So first of all, it's a fraud detection and prevention, which I've mentioned before and through. You've heard a lot about it. We've been using AI for over a decade in our in our fraud detection prevention and solutions. And we have patents and proprietary methods of creating algorithms and training models, and we have excellent product there. And part of the reason is the use of AI and the continued use of AI that's use case number one, use case number two is customer service. And so as an example, we have we have. We haven't completed this for all products, but for some of our products, we have loaded into copilot. We use Microsoft copilot for a secure environment, but we've loaded every piece of documentation we have for for several of our of our products, our solutions, and that includes FAQs, WikiAnswers inquiries from customers and the answer's all of it. And we then trained trained the model and we are now we are now able to get very good productivity from our customer service representatives, the people that handle inquiries about our software products, people that deal with outages or issues that our customers are having, we're able to get them productive in a fraction of the time that it used to take us with longer-term training and ultimately, we're going to make that same kind of knowledge base with the AI on top of it available directly to our customers so that they can get answers to questions faster and it improves the productivity of our team. So that number two, customer service number three, probably predictably for a software company is software developed. And we have we have employed generative AI with our developers and what we've been able to do. So I'll just give you one example. We have several, but here is the one that I find most interesting is we've we have created a way to extract logic from proven software. So some people, call it legacy at band to the use of the word legacy inside of it. But our proven software. We've taken functionality out of it and created micro services. And in a matter of minutes, we create a microservice in a matter of minutes, and we do that by using generative AI. And then we are we include a human in the loop, of course, because AI, you can't just trust the output of a bot. And so we create these microservices. And then we have we have our team, it, tweak them and check validity. So we are getting about 80% roughly accuracy in these microservices, and we're taking that to 100% or as close as possible with with our team members. And so that we're getting a probably overall, we're getting at least 30% productivity improvement by using AI and in the case of these microservices, we're seeing 10 times or more 10 X, not 10% more productivity from our team. So I don't know that we'll get that every time on every every application, but it's a pretty exciting stuff that's allowing us to move very rapidly. So those are the three primary use cases.That's great color. Thanks from And my follow-up is on digital assets. Are you providing any products and services on the crypto side right now? And how are you thinking about this space? If you and if you see any opportunities given some of the recent developments like the spot Bitcoin ETF.\nThomas Warsop\nThank you.\nJohn Kraft\nYes, thanks. I was just before I walked in here, I was watching the ad the the founder of one of the ZTS. talking about the explosion that we've seen. But but to answer your question, so many of our products are perfectly happy to facilitate a transaction in Bitcoin. It doesn't really matter very much to us what the what the medium is, whether it's whether it's dollars or pounds or Bitcoin or central bank digital currency and it doesn't really matter to our applications. And we have absolutely built in the ability to use use crypto where where it makes sense. So we're fine with all of that I don't I wish I was smart enough to tell you what all the impacts of the bitcoin ETFs are. I might not be here right now might be on the beach somewhere, but I don't know. But we're going to obviously continue. We're a very important player in the payments ecosystem. Digital commerce, to a large extent, relies on ACI. We're going to make sure that our products can support whatever medium and mechanisms, consumers and commercial customers want to use.Well, thank you.\nOperator\nAgain, if you would like to ask a question press star, followed by the number one on your touchtone telephone keypad or NetCracker.Next question comes from the line Nigel Sutton with Craig Hallum. Please go ahead. Your line is open.\nJohn Kraft\nYes, this is James on for George. Nice results. So the recurring revenue growth in the bank segment over the last couple of quarters have been pretty encouraging. Could you talk about what's driving the strength there? And then last quarter, you also mentioned moving down market. Could we sort of get an update on those efforts? And then lastly, would you be able to sort of quantify what you think is a sustainable growth rate for the real-time payment solutions over there?\nScott Behrens\nCouple of years?Yes, the Company what's driving on the bank side of recurring revenue, is it really just the maintenance on the license software. And so that is that's both a function of prices. If those had built in CPI. inflationary mechanisms and then just the go-lives of new customers upsides on the maintenance side, but probably the bigger growth year over year in bank recurring revenues come from the SaaS business. And so that's go-lives and ramping of customers that we've sold in in bank SaaS and bank's assets. Not it's not a significant component of the overall bank business, but had nice growth in 2023.\nYes.\nJohn Kraft\nAnd then you asked about mid tier and we have we've been primarily focused on pipeline development for the the mid-tier. We've got a lot of conversations going but that that isn't it hasn't really shown up much yet, but that's a future opportunity. And those conversations I was mentioning earlier about modernization, many of those are with this mid-tier and just to reiterate and remind everybody, when when we talk about mid-tier, we're talking about 50 to 200, USD50 billion in assets. So these are still very large financial institutions. But historically, our sort of sweet spot has been to 50 billion and up the mega banks. And this so we're we call it mid tier, not everybody might call that mid-tier, but it's a little bit smaller. And that's where they are. They tend to be more interested in SaaS and or cloud models than the mega banks. And that's why that the development of those infrastructures and capabilities. And Scott just referenced the growth that we've seen there on that. That's why that is so important and it's it's generating great conversation.Great. Pipeline expansion, and we have signed several of those customers and that's what's driving that growth that Scott was just mentioning.\nScott Behrens\nYes, I would say if I look at the our expectation going forward in terms of what real print growth is going to be, it should be a healthy double digit growth, very similar to our fraud detection software capabilities. I mean, we have those are natural cross-sells to the existing customer base. And as you know, we have blue chip bank customer base that has been with us for a long time. And the natural cross-sell of new products to that same customer base is typically going to be in real-time payments and fraud protection. So both those areas should have healthy double digit growth into the future.\nJohn Kraft\nAnd just final point on that, Scott mentioned natural cross sell absolutely right. And real-time payments and fraud are I mean those things go together extraordinarily well. So we often package the two together. So it's a it's a great, great offering.Great.\nScott Behrens\nCouple of offerings.Great.\nJohn Kraft\nAnd last one for me. Can you just touch on the competitive landscape and biller and merchant and any changes you've seen there just given the momentum you've seen in adding it?\nScott Behrens\nSure.\nJohn Kraft\nSo I wouldn't say that I've seen a lot of change in that. We tend to see some of the same competitors. I think we have to fight the fight. Let me start with biller a very strong year, obviously, last year and biller and some of the wins that we've talked about for one of the reasons that I think we've seen the success is if you think back a couple of years, we were we were still digesting the Speedpay acquisition from Western Union. And we finished that, I don't know and of 21 ish. And so we were able to turn our full attention to running the business and growing it. And that's definitely worked well, and we expect that to continue to work well. So that's why I think that that's the primary driver in biller on the merchant side, again, kind of the same thing, I wouldn't say there's a big change. I think we did have a bit of a slow start, as we mentioned 23 finished the year pretty strong, and we're seeing very good signs that that's going to continue into 24. And so we should see better growth this year. And that has primarily to do with the the business that's already been sold and is ramping up. So very good visibility in that business. And our sweet spot there tends to be the really large little bit like the banking example I get. It tend to be very large global retailers that are looking for consistent experience, very predictable, very positive experience for their consumer, whether it's in the store online, whatever channel the consumer wants to use and it at the minute tends to be globalized. They don't want a bundled solution from an acquirer typically because they can't. There is no acquire that can handle them everywhere. And so they want that consistent experience and we can do that because we are able to work with any acquirer and make that experience at the at the till or online very positive and consistent across the board. So that is our spot target market. We're very good at it and we're continuing to see success.\nOperator\nAnd there are no further questions at this time. Mr. John Kraft, I turn the call over team will.\nJohn Kraft\nThanks, everyone, for joining us today. We appreciate your time.And look forward to catching up in the company coming weeks as well as at our Analyst Day. Have a great day. Thanks, everybody.\nThank you.\nOperator\nThis concludes today conference. You may now disconnect.", "Solana (SOL)reached a 22-month high of $136 this week, afterBitcoin’srally to $64,000boosted the broader cryptocurrency market. Solana's 11% jump over the past 24 hours pushes its price to its highest level since April 2022, marking a 33% increase in just the past week.\nWhile Bitcoin remains the dominant crypto, it's down slightly over the past day. However, it is up 19% in the last week. Ethereum is trading around $3,450, after gaining 16% for the week.\nAmongst the top 10 cryptocurrencies by market capitalization,Dogecointakes the crown, surging 53% to nearly $0.13 this week. This meme coin trend extends to the Solana ecosystem, with Solana-based meme coinBonk (BONK)more than doubling in price over the past week, reaching $0.000025.Dogwifhat (WIF), another dog-themed memecoin, also saw significant gains, jumping 198% this week to $0.9.\nWhile Bitcoin's developments appear to be influencing the market, Solana itself has seen significant growth and renewed optimism in recent months. After dropping to nearly $8 in December 2022 due to the FTX collapse, Solana has rebounded dramatically, rising over 500% in the past year alone.", "Solana (SOL)reached a 22-month high of $136 this week, afterBitcoin’srally to $64,000boosted the broader cryptocurrency market. Solana's 11% jump over the past 24 hours pushes its price to its highest level since April 2022, marking a 33% increase in just the past week.\nWhile Bitcoin remains the dominant crypto, it's down slightly over the past day. However, it is up 19% in the last week. Ethereum is trading around $3,450, after gaining 16% for the week.\nAmongst the top 10 cryptocurrencies by market capitalization,Dogecointakes the crown, surging 53% to nearly $0.13 this week. This meme coin trend extends to the Solana ecosystem, with Solana-based meme coinBonk (BONK)more than doubling in price over the past week, reaching $0.000025.Dogwifhat (WIF), another dog-themed memecoin, also saw significant gains, jumping 198% this week to $0.9.\nWhile Bitcoin's developments appear to be influencing the market, Solana itself has seen significant growth and renewed optimism in recent months. After dropping to nearly $8 in December 2022 due to the FTX collapse, Solana has rebounded dramatically, rising over 500% in the past year alone.", "David Schaeffer; CEO & Chairman & Founder; Cogent Communications Holdings Inc\nTad Weed; Chief Financial Officer; Cogent Communications Inc\nAnton Rinnert; Analyst; Cowen Inc.\nAlex Waters; Analyst; Bank of America Corp.\nWalter Piecyk; Analyst; LightShed Ventures\nNick Del Deo; Analyst; MoffettNathanson LLC\nTim Horan; Analyst; Oppenheimer & Co. Inc.\nMichael Rollins; Analyst; Citigroup Global Markets Holdings Inc.\nBora Lee; Analyst; RBC Capital Markets Corp.\nBrandon Nispel; Analyst; KeyBanc Capital Markets Inc.\nOperator\nGood morning and welcome to the Cogent Communications Holdings Fourth Quarter and Full Year 2023 earnings conference call. As a reminder, this conference call is being recorded, and it will be available for replay at www.cogentco.com. A transcript of the conference call will be posted on Cogent website when it becomes available. Cogent's summary of financial and operational results attached to the press release can be downloaded from the Cogent website.I would now like to turn the call over to Mr. Dave Schaeffer, Chairman and Chief Executive Officer of Cogent Communications Holdings.\nDavid Schaeffer\nYes, hi. Good morning, and welcome to our earnings call for the fourth quarter of 2023 and full year 2023 for Cogent, Chief Executive Officer. With me on this morning's call is Tad Weed, our Chief Financial Officer. Hopefully, you've had a chance to review our earnings press release. The press release includes a number of historical metrics that we've presented on a consistent basis each and every quarter.Now for a quick summary of our results. We closed the acquisition of the Sprint business on May 1, 2023. This transaction significantly expanded our network, o ur customer base, and materially increased the scope and scale of our business.Our annualized revenue run rates are now in excess of $1 billion. We acquired a large number of enterprise customer relationships. These customers are typically larger than our Cogent legacy corporate customer base.We also acquired a significant network comprised of own fiber and own facilities, many of which are being converted to data centers. We acquired network with an appraised value substantially above $1 billion for $1.We are repurposing the acquired fiber network Last 60 Days of Bitcoin's Closing Prices: [44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-01 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,207,530,556,650 - Hash Rate: 608054004.3789 - Transaction Count: 419284.0 - Unique Addresses: 771270.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Tilray Brands Inc.’s diversification into the beer business paid off in the fiscal second quarter, even as the company is poised to start planting vegetables and fruit to monetize some of its unneeded cannabis cultivation space in Quebec. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts IPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel Hunt Chinese Billionaire Is Second-Biggest Foreign Owner of US Land Some alcohol companies have gotten into cannabis to offset the drug’s increasing cannibalization of alcohol among young drinkers. Tilray has done the opposite, acquiring craft beer brands to offset cannabis woes such as ongoing competition from the illicit market, low wholesale prices and an oversaturated Canadian market. Net revenue from the company’s alcohol business increased 117% to $47 million in the second quarter. The growth came after Tilray acquired eight beer brands from Anheuser-Busch InBev NV last August, building on purchases of other craft beers and making it the fifth-largest craft brewer in the US. “We feel there wasn’t a focus on these brands previously, and with us focusing on them, we’ll see great growth opportunities,” Tilray Chief Executive Officer Irwin Simon said in a phone interview. The company plans to make Shock Top, a Belgian-style beer, a national brand in the US, he added. Other acquired brands include Blue Point Brewing Co. and Breckenridge Brewery. Simon said the drinks portfolio also positions Tilray to get into THC beverages if US cannabis laws change. However, if cannabis is rescheduled rather than descheduled — something seen as a more likely scenario — it would mean cannabis is treated like a medicine, and still federally illegal for recreational use. Simon said Tilray could benefit even in that scenario, possibly attracting more institutional investors. The company also has a medical cannabis business. The stock jumped as much as 7.7% in Tuesday premarket trading in New York. Tilray stock fell 15% in 2023, while the Nasdaq Composite index rose 43%. Read More: Constellation Has a Plan to Combat Gen Z’s Slowing Wine Thirst Tilray’s overall quarterly net revenue grew around 34%, more than expected, and it reiterated 2024 guidance. It had earlier announced plans to start growing vegetables in Quebec, where there’s big demand for those agricultural food commodities. Simon said its Quebec facility is ready to start growing strawberries, cucumbers, eggplants — and maybe tomatoes — starting around the middle of this month. Story continues This story was produced with the assistance of Bloomberg Automation. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Can Biden Convince Americans His Brand of Populism Is Better Than Trump’s? Is There Any Hope for Hollywood? Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "3,491.77", "AUM ($, mm)": "500,604.70", "AUM % Change": "0.70%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "696.39", "AUM ($, mm)": "251,983.35", "AUM % Change": "0.28%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "612.10", "AUM ($, mm)": "9,147.06", "AUM % Change": "6.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "508.52", "AUM ($, mm)": "442,511.98", "AUM % Change": "0.11%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "322.63", "AUM ($, mm)": "413,384.34", "AUM % Change": "0.08%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "301.02", "AUM ($, mm)": "32,240.87", "AUM % Change": "0.93%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "294.96", "AUM ($, mm)": "50,271.99", "AUM % Change": "0.59%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "252.74", "AUM ($, mm)": "102,098.30", "AUM % Change": "0.25%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "245.17", "AUM ($, mm)": "6,234.73", "AUM % Change": "3.93%"}, {"Ticker": "TNA", "Name": "Direxion Daily Small Cap Bull 3x Shares", "Net Flows ($, mm)": "245.07", "AUM ($, mm)": "2,415.92", "AUM % Change": "10.14%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-562.72", "AUM ($, mm)": "15,748.51", "AUM % Change": "-3.57%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-222.22", "AUM ($, mm)": "11,650.44", "AUM % Change": "-1.91%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-216.40", "AUM ($, mm)": "26,431.07", "AUM % Change": "-0.82%"}, {"Ticker": "XLB", "Name": "Materials Select Sector SPDR Fund", "Net Flows ($, mm)": "-208.55", "AUM ($, mm)": "4,859.42", "AUM % Change": "-4.29%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-169.40", "AUM ($, mm)": "53,756.49", "AUM % Change": "-0.32%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,197.02", "AUM % Change": "-0.47%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-151.34", "AUM ($, mm)": "45,768.45", "AUM % Change": "-0.33%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-114.56", "AUM ($, mm)": "16,662.60", "AUM % Change": "-0.69%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-114.34", "AUM ($, mm)": "25,702.81", "AUM % Change": "-0.44%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-114.05", "AUM ($, mm)": "25,083.65", "AUM % Change": "-0.45%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "22.24", "AUM ($, mm)": "6,971.88", "% of AUM": "0.32%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "46.50", "AUM ($, mm)": "17,326.30", "% of AUM": "0.27%"}, {"": "Commodities", "Net Flows ($, mm)": "-298.00", "AUM ($, mm)": "122,898.36", "% of AUM": "-0.24%"}, {"": "Currency", "Net Flows ($, mm)": "680.31", "AUM ($, mm)": "50,272.98", "% of AUM": "1.35%"}, {"": "International Equity", "Net Flows ($, mm)": "340.62", "AUM ($, mm)": "1,406,756.56", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "79.40", "AUM ($, mm)": "173,512.01", "% of AUM": "0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-136.19", "AUM ($, mm)": "13,979.11", "% of AUM": "-0.97%"}, {"": "Leveraged", "Net Flows ($, mm)": "584.46", "AUM ($, mm)": "88,805.06", "% of AUM": "0.66%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,014.99", "AUM ($, mm)": "5,267,330.84", "% of AUM": "0.13%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "870.61", "AUM ($, mm)": "1,364,702.68", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "9,204.93", "AUM ($, mm)": "8,512,555.78", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Worldcoin is an ambitious project led by Sam Altman and OpenAI. The futuristic project is using eye-scanning technology to verify identities, and uses blockchain technology to store and process data. With backing from Microsoft, many are hoping to see a large-scale roll out of the project. However, recent news about a lawsuit between OpenAI and Elon Musk may dampen those hopes.\nMusk is a serial entrepreneur, currently serving as the CEO of Tesla among other duties. However, he was a co-founder of OpenAI back in 2015 with current OpenAI CEO Sam Altman. Musk has since gone to start his own AI company, called xAI, and has shown some opposition to OpenAI since.\nDon\'t Miss:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe lawsuit is in regards to alleged contractual agreements between Musk and Altman made in 2015 surrounding the future of the company. In particular, Musk believes that OpenAI has abandoned its goal to "benefit humanity", and is instead heavily focused on profits.\nMusk claims that OpenAI went to great lengths to keep GPT-4, OpenAI\'s strongest generative AI yet, a "complete secret". Additionally, OpenAI charges for use of GPT-4, having users purchase a $20/month subscription in order to access it.\nThe exact monetary amount in the lawsuit is still unknown, but it is likely a sizable amount, given OpenAI\'s extreme growth as well as the size of its main backer, Microsoft.\nAll of this news has negatively impacted Worldcoin, which has essentially served as a crypto-proxy for investing in OpenAI and Sam Altman.\nOvernight, the price of Worldcoin (WLD) fell nearly 15%, going from $8.38 to a low of $7.20. While the price did recover a bit and is currently trading around the $8 level, the news certainly caused some to sell.\nWhile the lawsuit is certainly a roadblock for OpenAI, the company, along with Worldcoin, have performed extremely well over the past month. In February, OpenAI showcased itsgenerative video AI, called Sora. The technology was highly anticipated and was shown much sooner than most experts expected. In fact, the news caused WLD to spike more than 200% in a matter of days.\nSo, the current downturn from the lawsuit is very small compared to the massive run up that WLD has had in the past weeks, potentially showing how bullish investors are on the promising technology. However, the lawsuit was just filed, so details are sparse. As more information comes out, WLD will likely adjust accordingly.\nRead Next:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 25% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleWorldcoin Falls as Elon Musk Sues Sam Altman, OpenAIoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• US stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq to an intraday record.\n• Investors also parsed new Fedspeak from several central bank speakers throughout the day\n• "I don\'t want to have to raise rates again," Atlant Fed President Raphael Bostic said.\nUS stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq up to a record high and helped the S&P 500 close above 5,100 for the first time ever.\nThe tech-focused Nasdaq Composite rose 1.14% on Friday, continuing its ascent after closing last month at its first record high since 2021. The rally has been powered by the ongoing AI euphoria that has pushed stocks like Nvidia up 70% so far this year. On Friday, shares of Dell Technologiesrocketed 31% higherto an all-time high as investors cheered its latest earnings, which included a positive AI-related business update.\nInvestors also sifted through a slew of comments from Fed officials on Friday to gauge where interest rates could be headed this year.\nAtlanta Fed president Raphael Bostic said he would like to wait for inflation to sink low enough that the Fed can avoid reversing course and switching back to rate hikes after rate cuts.\n"I don\'t want to have to raise rates again," he said. "It will probably be longer before inflation gets back to our 2% target. I am willing to wait."\nAlso on the inflation front, Fed Governor Adriana Kugler said that she was "cautiously optimistic" about continued disinflation taking place alongside a resilient labor market.\nMeanwhile, yields on the two-year note slipped 10.8 basis points to 4.53% after Fed governor Christopher Waller said he would like the Fed to boost its share of short-term bonds.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,137.09, up 0.8%\n• Dow Jones Industrial Average:39,087.38, up 0.23% (+90.99 points)\n• Nasdaq Composite:16,274.94, up 1.14%\nHere\'s what else is going on:\n• The"debt debasement" trade is ramping upas the US adds $1 trillion to the national debt every 100 days, Bank of America says.\n• China is the only major economydealing with deflation.\n• These are10 reasons the Fed won\'t cut rates in 2024, according to a chief economist.\n• Eli Lillystock will surge 29% over the next yearwith its weight-loss drug on pace to do $60 billion in sales by 2030, BofA says.\n• The US housing market is slowly thawing, but91% of homes are still overvalued, Fitch says.\n• "Pig-butchering" scams have netted criminals$75 billion in stolen crypto, study says.\n• These are three reasons the stock market is in a "Goldilocks" scenario.\n• Why the productivity gains from AIwon\'t be able to prevent a recession.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 2% to $79.80 a barrel.Brent crude, the international benchmark, was up 1.8% to $83.40 a barrel.\n• Goldedged up 1.85% to $2,092.80 per ounce.\n• The10-year Treasury yielddropped six basis points to 4.184%.\n• Bitcoinclimbed 0.77% to $62,597.75.\nRead the original article onBusiness Insider', 'Cryptocurrencies are on fire in 2024. Since the year began, Bitcoin\'s price has surged from $45,000 to more than $60,000.\nIf you\'re a big fan ofcryptocurrencies, buying them directly is a reasonable action. But there are ways to diversify your exposure while still betting big on their growth.\nInvesting inBlock(NYSE: SQ)stock, for example, is arguably one of the best ways to profit from the growth of crypto.\nBlock is all in on cryptocurrencies like Bitcoin. The company, formerly known as Square, officially changed its name to Block in 2021 to reflect its commitment to blockchain technologies.\nThis name change was a long time coming. For years, the company had spent millions building cryptocurrency features into its payment networks. In 2020, the company invested $50 million directly into Bitcoin, roughly 1% of its total assets. "Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company\'s purpose," the company explained at the time .\nToday, buying stock in Block is a strong bet on the rising adoption of cryptocurrencies like Bitcoin. The company\'s Cash App, for example, currently has more than 40 million users, millions of whom have used the app to buy, sell, and transact in cryptocurrencies as well as conventional currencies .\nIn the fourth quarter of 2023, Block generated $5.8 billion in revenue, up 24% from the year before. The biggest growth driver was Bitcoin revenue, which totaled $2.5 billion. Without Bitcoin revenue, the company\'s sales increased by just 15% year over year .\nWhat exactly does Bitcoin revenue include? The term captures the total amount of Bitcoin sold to customers. This is not a very profitable business right now as Block\'s costs must first cover the initial Bitcoin purchase, but the figures signal the company\'s future.\nThrough its Cash App and other properties, Block wants to become a central hub for everything crypto. It not only wants to become a trusted Bitcoin seller, for example, but also a lender and enabler of blockchain technologies in general. That\'s why Block is funding several initiatives like Spiral, which builds open-source Bitcoin projects, and TBD, an open-developer platform that makes it easier to build with Bitcoin.\nEven Block\'s ownership of Tidal, the music streaming service, is a bet on Bitcoin. The creator economy is now deeply entrenched within the internet economy. And as Block Chief Executive Officer Jack Dorsey once explained, the "internet requires a currency native to itself, and in looking at the entire ecosystem of technologies to fill this role, it\'s clear that Bitcoin is currently the only candidate."\nBlock stock should be viewed as a long-term bet on the rise of cryptocurrencies. But there is reason to believe that right now provides an exceptional entry point.\nFor years, Block was priced as an expensive growth stock. On a price-to-sales basis, shares regularly traded at a multiple between 5 and 15. After a steep decline, however, shares now trade at just 2.2 times sales.\nSQdata byYCharts.\nWhy did Block\'s stock price decline so much in 2022?\nAlthough the company continued to post impressive growth numbers, Bitcoin\'s price fell precipitously, casting doubt on the company\'s long-term vision. Additionally, the company posted several quarters of huge losses, some totaling more than $200 million.\nLast September, founder Jack Dorsey rejoined the company as chief executive officer, promising to trim expenses and return the company to profitable growth. His promises have achieved early success. In 2023, the company posted $10 million in net income. That\'s not very impressive until you compare it to 2022\'s net loss of $541 million .\nIt will take time for Block\'s ultimate vision to be realized, but it appears to have the technology, vision, and management in place to benefit from the long-term rise of cryptocurrencies. The current depressed valuation may not last for long.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nRyan Vanzohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block. The Motley Fool has adisclosure policy.\nLove Cryptocurrency? This Growth Stock Is a No-Brainer in 2024was originally published by The Motley Fool', '• This week\'s "tremendous" gains of meme coins such as DOGE, SHIB, BONK, PEPE and dogwifhat (WIF) may be an early sign of an alt season, K33 Research said.\n• Ether (ETH) breaking above $3,500 could confirm the start of altcoins outperforming bitcoin, Swissblock said.\nBitcoin {{BTC}}, the largest and oldest cryptocurrency, has been leading the digital asset rally of late, but there are early signs of a so-called "altcoin season" impending, when smaller tokens are outperforming, analysts said.\nBTC is already near its all-time high set in 2021, hitting $64,000 this week alongside strong inflows into spot bitcoin ETFs. It\'s gained 48% since the start of the year, while the broad-market CoinDesk 20 Index (CD20) was up 33% during the same period, highlighting the underperforming altcoin sector.\nThis could soon change, though, K33 Research analysts said in a Friday market report.\n"Judging by history, altcoins will start outperforming about the time we are now," K33 wrote. The report noted that bitcoin\'s market cap has doubled relative to the total value of all cryptocurrencies except BTC and ether {{ETH}} since the November 2022 market bottom. The setup, say the analysts, is similar to that of late 2020 before altcoins started to catch up to BTC\'s run.\nThis week\'s "tremendous" meme coin rally might be a "possible early sign" of the impending altcoin season, they added.\nRead more:Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts\nPopular dog-themed tokens dogecoin {{DOGE}} and shiba inu {{SHIB}} booked 40%-50% gains this week, while newer entrants like pepe coin {{PEPE}} bonk {{BONK}} and dogwifhat (WIF) doubled or more in price during the same period.\nHowever, the report pointed out that timing the altcoin season is a "risky sport," as the bitcoin ETFs have altered the crypto investment landscape, and there\'s no guarantee that the money flowing to bitcoin will eventually trickle down to smaller assets. "There is enough risk appetite to send a select few alts on big runs, but we have yet to see a new wave of retail entering the altcoin arena to create the rising tide that lifts all boats," said K33.\nSwissblock analysts said in a Friday market update that "signs point to an imminent alt season."\nAccording to a chart shared on Telegram, the median return of altcoins versus bitcoin appears to be reaching a bottom, and could turn soon, lifting altcoin prices relative to BTC.\nThe key signal to look for to confirm the start of a period of altcoin outperformance is ETH\'s clearing the $3,500 price threshold, Swissblock said.', 'Volume of futures tracking meme coins continued to rise massively on Saturday as bets against non-serious tokens lost a cumulative $50 million in the past 24 hours, a sign of irrational exuberance.\nData fromCoinglass shows shorts, or bets against, on dogecoin, shiba inu, pepe, floki and bonk saw over $50 million in liquidations in the past 24 hours, contributing to price surge among these tokens.\nLiquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin. It happens when a trader is unable to meet the margin requirements for a leveraged position (fails to have sufficient funds to keep the trade open).\nPepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs. WIF, the dog-themed token on Solana that was issued in November was up as much as 80% to become one of the first prominent meme tokens to cross the $1 price mark.\nMeme coinsstarted to come into focuslast week as proxy bets on the growth of whichever blockchains these tokens are based on. Ethereum-based dogecoin (DOGE), shiba inu (SHIB), pepe (PEPE) and floki (FLOKI) have captured most of the meme trading volume on that network, while bonk (BONK) and dogwifhat (WIF) have acted as Solana proxies.\nBullish bets on DOGE set a record on Thursday with $1 billion in opened positions. Nearly 70% of those betting were longs, or on the continued growth of the tokens. DOGE prices are up more than 50% since CoinDesk first reported the peak volumes.\nOpen interest in PEPE, SHIB, BONK and FLOKI has similarly grown multifold to a cumulative $1.5 billion in the past few days,Coinglass datashows. A rise in futures bets indicates new money entering the market.\nMeanwhile, theCoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, jumped nearly 5%.\nMeme tokens are usually considered to have no intrinsic value but are quickly gaining favor among traders.\nSome, like the Avalanche Foundation, a non-profit that maintains the Avalanche blockchain, have even started to invest in meme tokens built on the network in recognition of the online culture and memetic value that such tokens can drive among investors.\nMarket observers say meme coins are also a profitable, albeit risky, way to gain from ecosystem growth.\n“While meme tokens have been out of the narrative, they often pump following blue chip rallies, and traders reposition from ETH and BTC to altcoins,” Nick Ruck, COO of ContentFi Labs, told CoinDesk in a Telegram message last week.', 'WithBitcoin(CRYPTO: BTC)soaring in price, analysts and traders are now ratcheting up their predictions for just how much higher this crypto could go. While some of these predictions sound like pie-in-the-sky wishful thinking -- such as claims thatBitcoinwill skyrocket in value to $1 million in a matter of weeks -- there are actually some predictions that are much more grounded in reality.\nTake, for example, the recent prediction from Fidelity Investments that Bitcoin could soon gain another $500 billion in market cap. Given Bitcoin\'s recent price of $50,000 and $1 trillion market cap, that would imply that Bitcoin could soon skyrocket in value to $75,000 and a $1.5 trillion market cap. That would be just enough to push Bitcoin past its all-time-high of $69,000. So is Fidelity right?\nFidelity Investments\' valuation forecast is based primarily on a single observation: Bitcoin is increasingly taking over from gold as a store of value and a hedge against inflation for many investors. This makes sense on a certain level, given that Bitcoin has long been referred to as "digital gold." As a result, analysts have often used the size of the gold market as a reference frame for just how valuable Bitcoin might become in the future.\nIt\'s hard to imagine a future in which Bitcoin replaces gold entirely, of course, but Fidelity now thinks that Bitcoin could account for 25% of the monetary gold market, which is defined as the gold held by central banks, large financial institutions, and governments. Quite simply, instead of buying gold as a hedge against future economic uncertainty, these institutions will soon be buying Bitcoin. Given that the size of the monetary gold market is approximately $6 trillion, that shift in strategy could drive a massive amount of new buying in Bitcoin.\nOn the surface, the 25% figure sounds outlandish. It\'s hard to imagine Federal Reserve chief Jerome Powell arguing the merits of Bitcoin over gold, or huge Wall Street institutions going all-in on Bitcoin as a store of value. But you might be surprised by what the current numbers tell us.\nFor example, if you buy into the argument that Bitcoin is "digital gold," all you have to do is compare Bitcoin\'s current valuation to the valuation of the monetary gold market. This will give you an approximate idea of Bitcoin\'s current market share. And guess what? Bitcoin\'s current valuation of $1.2 trillion is almost exactly 20% of the $6 trillion monetary gold figure used by Fidelity. So ramping up that 20% figure to 25% doesn\'t sound all that implausible.\nIn addition, if you stress-test the Fidelity assumptions against those used by other Wall Street institutions, they actually seem a bit conservative. In 2022, for example,Goldman Sachspredicted that Bitcoin would eventually account for 50% of the monetary gold market, giving Bitcoin a nice round price of $100,000. And in its 2023 "Big Ideas" report, Ark Invest used a 20% market share in its bear case scenario, 40% in its base case scenario, and 50% in its bull case scenario.\nThe more you play around with the numbers, in fact, the higher the true valuation for Bitcoin would appear to be. Keep in mind that the idea that Bitcoin could gain another $500 billion in market cap is based primarily on the "digital gold" argument. It does not take into account the newspot Bitcoin ETFinflows or the upcoming Bitcoin halving. And it does not take into account Bitcoin\'s growing role in the global economy. Once you add in all these factors, the future valuation of Bitcoin seems nearly unlimited.\nBut just one caveat here: It\'s easy to fall into the trap of thinking that Bitcoin is worth more than it really is. For example, during the last crypto bull market cycle, Fidelity Investments famously predicted that a single Bitcoin would be worth $1 billion by the year 2038. So be careful about the numbers and assumptions that you use.\nThat said, it\'s hard not to be bullish on Bitcoin right now. Now that the big Wall Street institutions are backing Bitcoin and creating new investment products for it, the future potential of this crypto appears to be sky-high.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Goldman Sachs Group. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars Another $500 Billion in Value, According to Fidelity Investmentswas originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices: [44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-02 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,216,935,034,875 - Hash Rate: 500960510.1218159 - Transaction Count: 339311.0 - Unique Addresses: 623680.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Ankur Banerjee SINGAPORE, Jan 10 (Reuters) - The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy, while bitcoin was volatile after a fake social media post rattled markets. The U.S. securities regulator said someone briefly accessed its X social media account and posted a fake message saying it had approved exchange traded funds (ETFs) for bitcoin. The Securities and Exchange Commission (SEC) said it had not yet approved spot bitcoin ETFs. Bitcoin surged to a fresh 21-month peak of $47,897 after the fake post, before sliding down to below $45,000 within minutes as the SEC deleted and disavowed the information. The world's biggest cryptocurrency was last down 0.5% at $45,897. Anticipation of a positive SEC decision on ETFs, which is likely to draw billions in new investments, has boosted bitcoin prices in the past two months. "The reality is most who have followed the saga have moved on and the green light from the SEC is fully priced," said Chris Weston, head of research at Pepperstone. Weston said the market was focused on when the various ETFs would start to trade, how many bitcoins would be held by the end of the year and the dollar value of inflows over that time. In the currency market, the dollar remained on the front foot, with the dollar index, which measures the U.S. currency against six rivals, last at 102.53, after gaining 0.215% on Tuesday. The index is up 1% this month, after dropping 2% in December as traders reassess how steep and early the rate cuts from the Fed are likely to be. The Fed's surprising dovish tilt in December, when it projected 75 basis points (bps) of rate cuts in 2024, turbo-charged market expectations of easing with traders last month anticipating as much as 160 bps of cuts. Markets have since reassessed the chances and currently are pricing in 140 bps of cuts this year. Traders are focused on the release of the U.S. consumer price index report on Thursday to help predict the likelihood of a March rate cut. The report is expected to show headline inflation rose 0.2% in the month and by 3.2% on an annual basis. Fed funds futures indicate a 64% probability of the Fed easing in March versus 80% a week earlier, the CME FedWatch tool showed. Joseph Capurso, head of international and sustainable economics at Commonwealth Bank of Australia, said May was more likely to be the start of a U.S. rate cut cycle because the labour market is tight and inflation remains above the Fed's 2% target. A reassessment of the predicted start of the rate cut cycle could support the U.S. dollar in the coming months, he said. In other currencies, the euro was down 0.05% to $1.0926, while sterling was last at $1.2709, up 0.03% on the day. The Japanese yen weakened 0.19% to 144.74 per dollar. The Australian dollar rose 0.16% to $0.669. Australia's inflation slowed to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further. The New Zealand dollar eased 0.02% to $0.624. (Reporting by Ankur Banerjee in Singapore; Editing by Jamie Freed)... - Reddit Posts (Sample): [['u/pressonacott', 'Correlation with bitcoin', 34, '2024-03-02 00:01', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', "I'm curious if/when bitcoin drops, meme stocks rally again like January and AMC runup like may 20th-june 2nd 2021. \n\nIf this happens, then you will see that there is a need for liquidity to sell off and run meme stocks up like what happened in the past. This is possibly due to ftd, shorts balancing the books, and let buying pressure sizzle out since they have been holding back in dark pools. ", 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', '1b48frk', [['u/Wanksters_Paradise', 10, '2024-03-02 00:27', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksxdoe5/', 'I feel you. What I’m about to say is pure speculation only. I also hold some BTC and have for a while. \n\nThat said, I’ve suspected that crypto will be hit hard when liquidations begin / there’s a major financial event that forces the closure of short positions . \n\nMy fear is that the crypto sell-off proceeds will be used to cover a lot of the short positions out there, even more so if some institutions own it on leverage. Same can be said about some of the magnificent 7.\n\nThis could be further exasperated if the same institutions short them from the top (BTC through ETF?) and use that money towards settling open transactions too.\n\nIf they effectively own a combined 10,000,000 BTC with leverage, that’s $600B right there. \n\nWouldn’t be surprised if the media covers it by talking about a crackdown on “unregulated crypto”, FTX, painting it in a bad light etc. \n\nNote that I’m not talking bad about crypto. I see the utility and believe in it long term, owning several myself. I have no idea what will happen, the above is pure speculation.', '1b48frk'], ['u/YogurtclosetAny8510', 13, '2024-03-02 05:47', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksymbpv/', 'Agreed. \n\nThis btc run up after reading the DD is the fomo institutions are creating to get a hold of liquidity for their shenanigans against AMC and GME among other naked shorted stocks. \n\nMOASS is inbound!\n\nWe are currently living in The Big Short 2.0!!\n\nBank insolvency in near.', '1b48frk']]], ['u/possys2', "Why isn't bitcoin price having more media coverage?", 14, '2024-03-02 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', "So I'm down the pub having a few beers with a mate, who I haven't seen for 6 months. \nI show him the price of bitcoin, he says fucking hell, I didn't know it was that high, I've not seen/heard anything about it.\n\nIs main stream media hiding this to the public? Or does it need to break the ATH before its news again? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', '1b4901q', [['u/Time-Indication-1337', 25, '2024-03-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxechr/', 'I’d say another ATH will give them something to harp on about. But the price being as it is without much media coverage just makes me more bullish.', '1b4901q'], ['u/theprincessofwhales', 11, '2024-03-02 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxguh4/', 'I think mainstream media doesn\'t necessarily hide bitcoin news, but they certainly enjoy debating and mocking it. Pretty much anytime mainstream media talks btc or crypto it\'s presented in this light of "I don\'t get it hehehe! So confusing! But look at it go!". This week on CNBC they asked during the btc news bit, if the halving was something out of the Bible. \n\nIt\'s pathetic but on purpose how MSM chooses to frame their conversations surrounding bitcoin.', '1b4901q'], ['u/Sunnyjim333', 17, '2024-03-02 00:57', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxia5h/', 'If the average populace learned what a fiat based economy really is, there would be riots.', '1b4901q'], ['u/DanNotTheMann', 19, '2024-03-02 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxs235/', "I'd prefer no media coverage so we have more time to accumulate before mass FOMO breaks out and causes the price to go parabolic", '1b4901q']]], ['u/gen66', "In case you still haven't realized, the ALT season officially started today, and now everyone can feel like a genius investor.", 798, '2024-03-02 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', "As BTC all time high is imminent at this point, even before the halving, the alt season calmly started 12 hours ago. 15-20 stagnant alts that I have been watching for an eternity gained 15-20% like it's nothing. Even the worst most scummy projects I know jumped like crazy(except XRP ofc, this thing is dead). The season of the green dildos is open, everyone is a genius, it's very difficult to make a mistake. You can realize your mistake only once the market settles and the alts starts going back down along with a few rug pulls. \nIf you catch yourself thinking, oh man, if I put a few hundred bucks here last week, I would have doubled now! Oh!! If I put my salary in these 3 AI shitcoins 15 days ago, I would have tripled!!! Yep, that's it, alts are jumping on the back of papa BTC. Enjoy. \n\n\n", 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', '1b49ade', [['u/Gunnxo', 356, '2024-03-02 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxfokn/', 'This is nothing yet sir', '1b49ade'], ['u/gen66', 88, '2024-03-02 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxgdc5/', 'Indeed, it just started.', '1b49ade'], ['u/Tonijran', 94, '2024-03-02 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxis6p/', 'ETH ETFs will kick off the true Alt rally. \n(In my personal opinion, but I don’t know shit about duck)', '1b49ade'], ['u/flo-089', 18, '2024-03-02 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxj8ay/', 'which one to buy?', '1b49ade'], ['u/Parush9', 132, '2024-03-02 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxjm5x/', 'Just random meme’s and shit coins are popping up here and there . We are still way far from Alt season picking up .', '1b49ade'], ['u/Legitimate_Suit_3431', 67, '2024-03-02 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxkqet/', 'The winning ones', '1b49ade'], ['u/swordluk', 39, '2024-03-02 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxktfa/', "it's like boiling the water.. first you see some small bubbles rising.. then out of sudden.. 😁", '1b49ade'], ['u/CoffeeVikings', 77, '2024-03-02 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxlhbh/', 'Just saw ADA is up 15% to .75 cents now. Exciting times ahead', '1b49ade'], ['u/Logvin', 171, '2024-03-02 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxmzz0/', '“Officially”\n\nShit did I miss the CEO of Altcoin’s announcement!?', '1b49ade'], ['u/duckyTheFirst', 97, '2024-03-02 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxo7m2/', 'I still think were gonna crash really hard before we see a raise in 4-5 months after the halving... omg is this what being a bear is like? Am i a bear!?', '1b49ade'], ['u/Comfortable-Bread249', 420, '2024-03-02 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxpbax/', 'Tell that to my stagnant MATIC bag', '1b49ade'], ['u/BenniBoom707', 212, '2024-03-02 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqs5l/', 'When I’m seeing Doge and Shib start pumping I know the hysteria is starting to kick in….\n\nBONK up 124% in a week!! The Solana Shitcoin is going bonkers', '1b49ade'], ['u/yamaha4fun', 248, '2024-03-02 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqxee/', 'cries in LRC', '1b49ade'], ['u/MrAccountant213', 22, '2024-03-02 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxr93d/', 'His press conference was great', '1b49ade'], ['u/Cirewess', 64, '2024-03-02 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs2iq/', 'I don\'t even hold XRP and it gets me every time the absolute XRP hate and critiques. literally the only blockchain to spend 100\'s of millions of dollars to defend crypto from an over stepping agency (and defend themselves of course) and no one bats an eye... no ATH in 5 years because a lawsuit was dropped literally December of 2020, whats that like 3 months before everything sky rocketed and it still when to almost $2 with a lawsuit and hasn\'t left the top 10 in how long? oh right it\'s certainly "dead" as one of the biggest market caps in all of crypto...', '1b49ade'], ['u/alander4', 17, '2024-03-02 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs9nd/', 'Well if it’s a true alt season it won’t matter what you buy. Everything pumps!', '1b49ade'], ['u/ilu-lu', 31, '2024-03-02 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsgz3/', 'Fet is winning', '1b49ade'], ['u/jwz9904', 49, '2024-03-02 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsrx7/', 'a BTC pullback and your alt season will be postponed.', '1b49ade'], ['u/nikitsolo', 111, '2024-03-02 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxsy79/', 'If LRC is reaching its previous ATH I am ordering a Pizza for a Homeless. Mark my Words', '1b49ade'], ['u/yamaha4fun', 42, '2024-03-02 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxt77n/', 'Ok, sign me up too. I will buy 10 pizzas and distribute them if and when this ever happens.', '1b49ade'], ['u/Natedawg316', 37, '2024-03-02 02:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxtmmc/', 'Haters gonna hate, but everyone should buy some xrp just for this fact. If not for xrp spanking the s.e.c, where would we be? Same as shitting on coinbase. They have the balls and the bankroll to fight back. Most etfs are held on coinbase. Shit is bananners.', '1b49ade'], ['u/SoftPenguins', 12, '2024-03-02 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxuw6d/', '(Insert my favorite altcoin thats my biggest bag) will out perform BTC this year. It does 100 bajillion transactions a second and more decentralized than BTC. Also has the best community and tokenomics.', '1b49ade'], ['u/tideswithme', 11, '2024-03-02 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvg9n/', 'Their pov : If everyone’s in it, no one’s getting scam', '1b49ade'], ['u/United-Blackberry-77', 539, '2024-03-02 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvmg6/', "My usdt is still at the same exact price I bought it at, what's up with that huh", '1b49ade'], ['u/Upvote_Me_Slag', 13, '2024-03-02 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvt66/', "Based on? We have ETFs for Bitcoin now. The inflows are huge. They're not selling to buy alts! This time it is demonstrably different.", '1b49ade'], ['u/NightKnight_CZ', 28, '2024-03-02 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxvyp2/', 'Meanwhile Litecoin getting it second and nuking back into top #3', '1b49ade'], ['u/Ephinem', 55, '2024-03-02 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxw0si/', 'You think this is alt season ? Lol', '1b49ade'], ['u/9htranger', 37, '2024-03-02 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwbtk/', 'The worst part about bull runs is the childish shit posts.', '1b49ade'], ['u/thistimelineisweird', 11, '2024-03-02 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwf3n/', 'Here before a lot of people lose a boat load of money in shitcoins, again. (And again.)', '1b49ade'], ['u/spartikle', 24, '2024-03-02 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxwi33/', 'OP’s gonna cash out at the first bear trap', '1b49ade'], ['u/catthatmeows2times', 38, '2024-03-02 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxx24u/', 'Im a big bag holder and really dont think it will reach it again\n\nAs far ss i can tell, it only got so high cause of the gme craze\n\nPls proof me wrong', '1b49ade'], ['u/-Resident-One-', 13, '2024-03-02 02:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxy29g/', 'You guys have stagnant or red bags at this point???', '1b49ade'], ['u/Cirewess', 11, '2024-03-02 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxy78v/', 'how does it happen with no regulation....? oh right. Bank of America already came out and said they would utilize XRP once the case is done and over.', '1b49ade'], ['u/AugustusClaximus', 64, '2024-03-02 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxyajp/', 'The moment I’ve been waiting for, the moment I exit my shitcoins and never look back. \n\nTo the rest of you, I am not invested in a shitcoin it’s actually has solid fundamentals and is an Ethereum killer please buy today', '1b49ade'], ['u/FriedDickMan', 29, '2024-03-02 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxygh8/', 'All in on Banano \n\nThe peoples potassium', '1b49ade'], ['u/BenniBoom707', 43, '2024-03-02 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxzwld/', 'I think the memes have become stabilized because so many bag holders bought in either at the bottom or top. Once you have a degenerate fan base ready to HODL until Zero, you can pretty much only go up from there….', '1b49ade'], ['u/brisnatmo', 49, '2024-03-02 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxzyxj/', 'DOT anyone?', '1b49ade'], ['u/catthatmeows2times', 18, '2024-03-02 03:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy15g7/', 'You see that biiig spike in looprings chart some years ago\n\nThats when gme squeezed and then announced some partnership with loopring, cause of that loads of people bought loopring, it went from under 1 buck to like 4 in some hours or days, never felt such adrenalin and i didnt even sell\n\n\nMoney is a bitch', '1b49ade'], ['u/straylight_2022', 48, '2024-03-02 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy1s90/', "I had the good fortune to get into Shiba Inu early in 2021 and jump out before the bear market moved in. \n\nI've kept a bag's worth of my original summer 2021 investment as tribute. It has languished for years, but this week is suddenly one happy dogo. \n\nDo it again puppy! Do it again!", '1b49ade'], ['u/Sanguinius', 14, '2024-03-02 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy215y/', 'XRP always pumps last. Did in 2017, did in 2020/21 (just before the SEC dropped the lawsuit however....)', '1b49ade'], ['u/NoKarmaNoDrama', 30, '2024-03-02 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy3pia/', 'Buy ADA!', '1b49ade'], ['u/McGradyForThree', 11, '2024-03-02 03:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy467h/', 'I think you have your timelines mixed up. The gme short squeeze happened late feb to early march 2021. Loopring was trending downwards then. LRC shot up late october and peaked mid November 2021.', '1b49ade'], ['u/Outrageous-Leopard23', 40, '2024-03-02 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4iqg/', 'Same- except I put $45 in Shib, then it became $18k, then I put that 18k in algo and it became $200. Math.', '1b49ade'], ['u/LilKarmaKitty', 33, '2024-03-02 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4pl7/', 'Please buy it! My ADA bags are still so freakin heavy!', '1b49ade'], ['u/GreenStretch', 30, '2024-03-02 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy4yic/', 'Stop trying to mat FET happen.', '1b49ade'], ['u/WhipMaDickBacknforth', 12, '2024-03-02 03:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy5o8c/', "Whales buying millions of $WIF and I'm only just hearing about it now \n\nfml\n\nshit's gone up even more than pepe this week: 322%", '1b49ade'], ['u/GreenStretch', 86, '2024-03-02 03:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy5r3z/', 'Still better than UST.', '1b49ade'], ['u/plasmalightwave', 24, '2024-03-02 03:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy7vff/', 'Yeah so frustrated with MATIC', '1b49ade'], ['u/plasmalightwave', 16, '2024-03-02 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy80fw/', 'Wouldn’t it be better to hold those shitcoins until mid next year?', '1b49ade'], ['u/NoKarmaNoDrama', 23, '2024-03-02 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy86pl/', "Just hold! You'll be laughing soon.", '1b49ade'], ['u/randalljhen', 34, '2024-03-02 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy8wlq/', 'There was no short squeeze. The GME spike was a gamma ramp.', '1b49ade'], ['u/Rusty_Charm', 23, '2024-03-02 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksy9ary/', 'This is actually true. The communities that form around meme coins make the XRP army or Link Marines look pretty moderate.', '1b49ade'], ['u/Significant_Poem_540', 15, '2024-03-02 04:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksybdy8/', 'Shhh dont tell them', '1b49ade'], ['u/ixidorsDreams', 36, '2024-03-02 04:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyd5fk/', 'Why hate? This sub is constantly pumping Shitcoins and talking up Moons, but see a project succeed and hate?\xa0\n\nKeep it coming honestly, it hasn’t hurt ADA even a bit. Hell, short it if you’re so fuckin confident.', '1b49ade'], ['u/whatsuppaa', 15, '2024-03-02 04:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyduv6/', 'Well the trendy ones seems to be gaming and AI, so RNDR, TAO, imutableX, the "Chainlink competitor" Axelar also seems hot. Another one is Kaspa, the thing is, i don\'t know how good the chain is, but new projects that have "heat" always perform well their first bullrun, take Solana and Cardano for instance.', '1b49ade'], ['u/Rusty_Charm', 11, '2024-03-02 04:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyfw1w/', 'And look at how well memes are doing and now ask yourself if you think the majority of people who buy crypto care about the tech.', '1b49ade'], ['u/invalid404', 10, '2024-03-02 04:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyfy59/', 'OK', '1b49ade'], ['u/veryAverageCactus', 17, '2024-03-02 04:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksygon2/', 'Hope so, also holding Ada bags 🥹', '1b49ade'], ['u/poluting', 15, '2024-03-02 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhao3/', 'What are yall complaining about? Im up 20% on matic and got in late.', '1b49ade'], ['u/AdministrativeNews39', 24, '2024-03-02 05:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhlyd/', 'ALT season happens at the end of a bull run. I really hope we haven’t reached alt season yet.', '1b49ade'], ['u/IamMarcJacobs', 38, '2024-03-02 05:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhnfb/', 'Their L2 wallet is dope', '1b49ade'], ['u/tianavitoli', 15, '2024-03-02 05:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyhudp/', "that's cuz this isn't finance, it's space travel\n\nit's moonijuana time", '1b49ade'], ['u/preciouscode96', 12, '2024-03-02 05:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyiuxp/', 'And my ATOM bag ..', '1b49ade'], ['u/2x4skin', 29, '2024-03-02 05:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyjput/', 'Maaaan. Wtf is up with DOT? I feel like that and ATOM are undervalued (meaning I’m holding and need that shit to go up lol)', '1b49ade'], ['u/Scallion-External', 13, '2024-03-02 05:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksymaou/', 'Sure and dogwifhat up 4x on the week', '1b49ade'], ['u/GoodguyGastly', 24, '2024-03-02 06:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyp0gu/', 'Yeah really. Their wallet is clean.', '1b49ade'], ['u/Npr31', 10, '2024-03-02 07:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyxp9j/', 'I thought you’d just made up the name of a random coin there tbh', '1b49ade'], ['u/eijiryuzaki', 19, '2024-03-02 07:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyz4l3/', 'Except XRP.', '1b49ade'], ['u/Covetoast', 17, '2024-03-02 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksyzzwk/', 'Probably so, however imo I think the crashes moving forward will be much softer than before because of the sheer ETF inflow volume.', '1b49ade'], ['u/catthatmeows2times', 19, '2024-03-02 08:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksz4pdd/', 'Extremely\n\n\nWhenever possible,i use it for crypto\n\nSpecially the recovery option are great', '1b49ade'], ['u/SaltedSnail85', 21, '2024-03-02 09:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksz653b/', 'The actual product they make is really fkn good. The loopring wallet started as an amazing wallet and has only gotten better and better over the last 3 years. Once taiko launches and we see account abstraction its even better. As a long time bag holder (bought before the pamp thankgod) I think gme was the absolute worst thing to happen to loopring', '1b49ade'], ['u/shakingspheres', 20, '2024-03-02 10:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszbwvf/', "2-digit gains on everything for days and days. It rains money and you think it's gonna last forever so you never take gains and one day poof, everything crashes 20-30% as the euphoria turns into confusion, regret, a little rage and then some resignation. Alt season is when euphoria hits max, right now we're happy with the gains but a little on edge because it's kind of early for a new ATH (according to people who treat the halving like religion).", '1b49ade'], ['u/SirAlexanderFerguson', 12, '2024-03-02 10:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszcb3x/', 'It already happened, its about a 10x', '1b49ade'], ['u/lucasbb', 16, '2024-03-02 10:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszdzbe/', 'This is too true.. This was me new year 2017 high on mdma checking my portfolio seing 100x gains thinking I\'ll retire 50 years too early. 8 days later the crash begins and poor greedy me thinks "oh I can\'t sell now, must wait till it\'s back up high" only for it to keep crashing. Well well I did manage to keep enough money to backpack for a year. This time it\'ll be different though. Just kidding, I\'ll do the same again for sure.', '1b49ade'], ['u/Rand-Omperson', 15, '2024-03-02 11:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszhlmt/', 'don‘t remind me. It‘s where I stored my profits for ants.', '1b49ade'], ['u/Rand-Omperson', 10, '2024-03-02 11:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/kszhrs3/', 'it has a use case.', '1b49ade'], ['u/kaptinchow', 13, '2024-03-02 13:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksztgum/', "Nice, now my bag is only half it's original value", '1b49ade']]], ['u/J3wficer', '10% return 🤠👍🏼', 17, '2024-03-02 00:40', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/', 'I had about .34 btc in my IBA and today I was disrespected by being informed I could withdraw a whopping .033 btc. At this point just take it all, what an absolute insult.\n\nLike I really do get if I had you know…17.4 btc stored in an IBA, like yeah you’re getting a haircut, but good god some of us just had little fractions in there. What a joke.\n\nNow me personally, I’m lucky. I never gamble with money I can’t lose and the subsequent btc buys I’ve made have already compensated for my losses due to recent growth. Still, I pound sand on behalf of all the folks who lost their savings in this bullshit. It is truly not fair. It’s one thing to gamble on a stock and have it crash. It’s another to have your money stored somewhere that was owned by a business that was owned by another business whose owner was a psychopath. The whole system is trash. Burn it ', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/', '1b49dua', [['u/Puzzleheaded-Art1436', 15, '2024-03-02 01:30', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/ksxnd0t/', 'I just want Zac Prince and SBF to be cellmates giving each other perpetual hemorrhoids and gonorrhea for the next 25 years.', '1b49dua'], ['u/arcanition', 11, '2024-03-02 03:53', 'https://www.reddit.com/r/blockfi/comments/1b49dua/10_return/ksy83lf/', 'Both are actually similar percentage of your respective amounts.\n\n* 0.033 BTC recovery out of 0.34 BTC = 9%\n* 0.47 BTC recovery out of 5 BTC = 9%\n\nand\n\n* 0.34 BTC @ $16,200 -> Claim of $5,508\n* 5 BTC @ $16,200 -> Claim of $80,000\n\n* 27.4% distribution of $5,508 = $1,509 / $45,824 -> 0.033 BTC distribution\n* 27.4% distribution of $80,000 = $21,920 / $45,824 -> 0.47 BTC distribution', '1b49dua']]], ['u/electriccars', "Stop fretting about being too late. Stack as much as you can as fast as you can. It's never too late.", 78, '2024-03-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/', 'I\'m convinced Bitcoin is following the power law model, and will go up forever.\n\n"Bitcoin has no top because fiat has no bottom."\n\nA little perspective for y\'all.\n\nAssuming a modest $60k a year of equivalent spending power would mean financial freedom for you, and assuming the power law holds true, here\'s the dates different amounts of BTC will return financial freedom if you only live on 50% of the averaged annual gains starting in that year, never running out.\n\n1 BTC 2030\n\n0.5 BTC 2033\n\n0.25 BTC 2037\n\n0.1 BTC 2043\n\n0.05 BTC 2049\n\nPlan for the future and good luck y\'all! Stack as much as you can!', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/', '1b49f6k', [['u/Traditional-Bed-6369', 11, '2024-03-02 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/ksy4at9/', "You're telling me if I just hold a .1 starting now and continue delivering pizzas and cutting grass that in 20 years I'll retire?", '1b49f6k'], ['u/btc_marshmallow_test', 10, '2024-03-02 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1b49f6k/stop_fretting_about_being_too_late_stack_as_much/ksymvev/', "In 20 years the block reward will be 0.09765625, a lot more Bitcoin will be lost, and we only THINK we're getting started with wall street money but this won't even look like a speck by then. And you'll be there in 2044 with 1.024x the block reward. Today that is equivalent to 6.4 BTC ≈ US$398,553 but we aren't moving on a linear scale.\n\nIn the last 10 years I'm up 12,200% against USD, cost basis $500. When people say we're still early it means the opportunity for newcomers to see massive percent gains is there. It's on a different scale but they're not gonna stop printing dollars. \n\nHodl can be hard, but zoom out and look at the epochs. Understand the absolute scarcity vs. the BRRRRRRRRR. Stack what you can but don't ruin your standard of living or relationships, you can be frugal where you want. I haven't bought in 10 years and I used to worry that I should have been DCAing but now there's so little impact I could make to my stack when only 0.8% was my money to start.\n\nYou can do it too if you're patient enough", '1b49f6k']]], ['u/Mr_Pink_Buscemi', 'Paying off the house is staring me in the face. ', 399, '2024-03-02 01:06', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/', 'I can sell about 75% of my stack in Bitcoin to pay off the mortgage. However, if I do pay it off, then I can live a life closer to hyperbitcoinization. That means instead of DCA-ing $10-20 a day, it’s going to be at very least 10x ing it when mortgage free. \n\nShould I do it? ', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/', '1b4a029', [['u/SnooPeripherals2249', 67, '2024-03-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxk7qv/', 'Pay off the house 10000%. You won’t regret it.', '1b4a029'], ['u/Technical_Hearing59', 35, '2024-03-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxk8a9/', '100% pay off the mortgage. Everyone can attempt to predict the price of the btc, but at the end of the day it can fall as fast as it rises.', '1b4a029'], ['u/AppleSalty2916', 11, '2024-03-02 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxkrlz/', 'Absolutely get rid of the mortgage', '1b4a029'], ['u/Signal_Conference447', 65, '2024-03-02 01:17', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxlcu5/', 'Far too little information to make an informed decision. \n\nAs with most things in life, the answer is probably somewhere in the middle. \n\nPay off a bit, keep a bit.', '1b4a029'], ['u/Mr_Pink_Buscemi', 16, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmho5/', 'Did with my first one thanks to Bitcoin a few years back! Getting the itch to do the second one.', '1b4a029'], ['u/Mr_Pink_Buscemi', 20, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmj14/', 'Yep, dollar cost selling has come into consideration.', '1b4a029'], ['u/-StupidKid-', 241, '2024-03-02 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmlde/', 'Imma be devils advocate and say do your best to hang on until summer 2025. Halving is just around the corner..', '1b4a029'], ['u/rsa121717', 26, '2024-03-02 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxmv8y/', 'Can someone please explain why the mortgage is a better idea? I have never owned a house, so Im a little unfamiliar. Is it not reasonable to expect bitcoins rate of change to outpace their mortgage rate?', '1b4a029'], ['u/Nichoros_Strategy', 42, '2024-03-02 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxn3vs/', 'Money is shit, peace of mind is all.', '1b4a029'], ['u/Itchy-File-8205', 13, '2024-03-02 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxnepb/', "I'd say don't sell. Sacrifice your quality of life for another cycle and you'll be greatly rewarded.", '1b4a029'], ['u/LakeZombie09', 24, '2024-03-02 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxo4vt/', 'I used Bitcoin to be mortgage free in a lake mansion at 26 years old. Over the past 8 years I have been completely free with my money and time. Don’t want to work, don’t. Make a bunch of money, invest it all. Having no debt is ultimate flexibility and from my experience it has paid out a ton. I went super heavy stock and crypto. Have returned a lot.', '1b4a029'], ['u/meagherj', 47, '2024-03-02 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxppnn/', 'Not having a mortgage payment gets you immediate financial freedom. Bird in the hand and all that.', '1b4a029'], ['u/satoshisfeverdream', 11, '2024-03-02 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxq1uh/', 'I mean I think it’s a terrible idea but da fuck do I know.', '1b4a029'], ['u/P_e_a_s_h_o_o_t_e_r', 50, '2024-03-02 01:49', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxq3ew/', 'Depends on the interest rate you have. I would probably keep the bitcoin.', '1b4a029'], ['u/DatBuridansAss', 927, '2024-03-02 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxqa96/', "Here's an interesting compromise. Sell enough BTC to cover the next 6-12 mortgage payments. Leave the rest in Bitcoin. That way if it moons you can still get most of the upside, but if it retraces you aren't kicking yourself too bad.", '1b4a029'], ['u/TheInfinityOfThought', 124, '2024-03-02 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxrhq4/', 'Pay off the mortgage. Saying this as someone who used all their BTC to buy their first home. I don’t regret the decision at all. All the BTC in the world is pointless unless you use it.', '1b4a029'], ['u/arc_oobleck', 24, '2024-03-02 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxv9k5/', 'Having no mortgage seems incredibly valuable to me.', '1b4a029'], ['u/AberdeenWashington', 34, '2024-03-02 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxwjjp/', 'Yea, wait it out, see what happens, you’d be selling only to be able to restack quickly. It likely wouldn’t accelerate your stacking because it’ll miss on any upcoming gains. If you believe we’re near a top that’s the only reason to sell for the mortgage. If you have huge gains, take a little and toss it at some debt but if it’s low interest debt what do you really stand to gain?', '1b4a029'], ['u/NoResult486', 12, '2024-03-02 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxx17t/', 'Yeah, get two birds stoned at once Bubbles.', '1b4a029'], ['u/NoResult486', 244, '2024-03-02 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxxclz/', 'Probably the best advice as far as a middle ground.', '1b4a029'], ['u/HaitR2', 70, '2024-03-02 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxxnqt/', "So beautiful to hear instead of that never sell crap.\nSince BTC is another asset class, let's use it as such and use profits from it to improve our way/quality of lige", '1b4a029'], ['u/TurdPounder69', 15, '2024-03-02 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy159/', 'He’d be a guy still jerking off in an apartment with some Bitcoin. Take the lake and the boat and the ladies.', '1b4a029'], ['u/cohortq', 16, '2024-03-02 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy2q3/', 'A Bird in hand is worth 2 in the bush', '1b4a029'], ['u/flop_plop', 20, '2024-03-02 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksxy3xh/', 'Yeah, your property isn’t as volatile and you HAVE to pay it. Bitcoin is super volatile and you’re not going to have legal troubles if you have less of it. \n\nYou won’t be homeless if you have less Bitcoin. You will be homeless if you can’t pay your mortgage.', '1b4a029'], ['u/am-i-a-peepee', 13, '2024-03-02 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy2l75/', 'Well if its like last time…\n\nTops were 1 year after the halving (65k) or 1 year and 6 months (69k), lows in summer (32k)\n\nBefore that…\n\n1 year 6 months, summer is 5 months too early (2k vs 20k)\n\nBefore that…\n\n1 year (1.2k), summer is too late (0.6k)\n\nSoooo…\n\nIdfk good luck lol', '1b4a029'], ['u/YoungBassGasm', 21, '2024-03-02 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy4a58/', "I mean you should do what you think is best for you. IMO, I wouldn't. Unless you are literally about to lose your house and are behind on your mortgage, then selling now right before the halving and real bull run would make you regret it. The capital gains taxes are to be taken into account too. Why liquidate 75% of your stack now and pay taxes on it, when you can wait a year or so and only have to liquidate like 10% of your stack.\n\nI sold my BTC back in 2017 to pay off my student loans just to miss out on $300,000 if I'd had held for 6 months longer. I could have not only paid off my loans, but also bought a house in cash. I still regret it. I could have been so much further along financially. I still don't have a damn house and chances look slimmer by the day. It's one thing when you are selling when the real bull run happens after the having, but to sell before the halving on an expense that you don't immediately need to take care of is going to bite really hard. I say this as someone who still heavily regrets the decision I made 7 years ago. \n\nAgain, your choice. But I'm just letting you know what probably will happen. Everyone saying it's different or that we can't bank on the halving also hasn't been in it since 2013. We watch this shit happen every time and the same newer traders try to say it's different, just for it to not be different.", '1b4a029'], ['u/Dblstandard', 51, '2024-03-02 03:30', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy4t6g/', "For real. To sell it now would be silly. We haven't even passed the havening yet. Not to mention next cycle.", '1b4a029'], ['u/DatBuridansAss', 19, '2024-03-02 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy5gjt/', "I speak from experience. I sold 8btc in October of 2016, which was about 3 months post halving, to help with the down payment on a house. I think Bitcoin was trading at around 6-800 at the time. Possibly even over 1000, so it felt good. I had been stacking since 2014. Anyway I had no idea about the halving, which goes to show proof of work is real. If you don't put the work in to understand Bitcoin, you won't have the conviction to hold it long term. Anyone who has successfully held for a decade or more has the Proof of Work to have earned that stack. I understood the big picture but never even read the white paper. Sad.", '1b4a029'], ['u/Mr_Pink_Buscemi', 34, '2024-03-02 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy6jh3/', 'Yep I’ve considered dollar cost selling.', '1b4a029'], ['u/FairBlamer', 19, '2024-03-02 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy7kjz/', 'If this is a fixed rate mortgage, then it makes zero mathematical sense to pay off your mortgage with your bitcoin stack if you don’t need to.\n\nThink of it this way: future dollars are worth less than current dollars. Therefore paying off fixed rate debt in whole up front is more expensive than paying it off slowly over a long period of time.\n\nMeanwhile, future bitcoin is worth more than current bitcoin. Therefore selling bitcoin in bulk now is more punitive than selling it gradually over a long period of time.', '1b4a029'], ['u/AMAROK300', 12, '2024-03-02 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksy9big/', 'I have NEVER and will NEVER see advice this phenomenal again on Reddit this is a gem 😂', '1b4a029'], ['u/Charming_Jury_8688', 10, '2024-03-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyffb4/', "Honestly some interest rates are so low its not worth paying off.\n\nWe're towards the end of the business cycle, and any crisis will be met with more money printing. \n\nWhat happens when the mortgage at 2k has the purchasing power of 1k? \n\nWhile fiat is devaluing, it's also devaluing debt.\n\nI wish I never paid off my student loans, because 38k in 2015 is much different than 38k in 2024.", '1b4a029'], ['u/penty', 30, '2024-03-02 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksygscb/', 'IDK but this comment reminded me of this :\n\nhttps://xkcd.com/2898/', '1b4a029'], ['u/DatBuridansAss', 13, '2024-03-02 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyh81g/', "It doesn't. And that money sitting in some lame account for 6-12 months isn't doing much, and if Bitcoin does moon during that time, you've left a huge amount of capital on the sidelines not benefitting. So I'm not sure I would go this route either. Just saying OP doesn't have to choose either paying off the entire house or hodling 100%. Depending on how much BTC he has, he said paying off the house entirely would leave him 25% of his stack. Assuming a 400,000 house with a remaining balance of 200k, maybe OP has 5btc and paying off his 2nd house would still leave him with 1.25btc. sounds reasonable, but then again his mortgage is 5%, which is way less than the rate of monetary inflation, especially looking forward to the next 25 years, when inflation will likely run hot for a lot of that time. Probably best to find a way to service the loan over time and leave your stack alone, assuming you aren't stressing about it every month. OP says he will be able to 10x his DCA rate if he isn't carrying a mortgage which might be true, but he may end up with less BTC overall when it's all said and done if we add a zero or two to the price in the next few years.", '1b4a029'], ['u/whiterabbitobj', 85, '2024-03-02 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyjf3p/', 'That’s… not what Proof of Work means.', '1b4a029'], ['u/ElDubardo', 10, '2024-03-02 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyks76/', "Annualized gain of bitcoin since 2017; 45%. And you want to invest in something to save 5%. This mean if you pay 100k in bitcoin, you lose 40k next year but you save 5k off the mortgage. I'd rather have a mortgage with 40k extra then no mortgage and 5k extra.", '1b4a029'], ['u/Alexkono', 14, '2024-03-02 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksylg8v/', 'Not necessarily. \xa0What if BTC prices reacts similarly to the last time we hit an all time high? \xa0No one can predict the future. \xa0Since we’re nearing ATH, it may actually be pretty smart to unload a fair amount. \xa0Especially if being used for real estate. \xa0', '1b4a029'], ['u/Fit_Double7765', 10, '2024-03-02 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksypld4/', 'give me some of them drugs you on pls', '1b4a029'], ['u/Classic-Foot-736', 10, '2024-03-02 06:39', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksys0y2/', "Yep, you can't live in a Bitcoin, lol.", '1b4a029'], ['u/und3adb33f', 37, '2024-03-02 07:08', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyuxzb/', "> Yes it is, since I'm the one who said it, and I know what I meant by it. You might benefit from practicing some mental yoga every once in a while and allow yourself to look at language without so much rigidity.\n\n“When I use a word,” Humpty Dumpty said, in rather a scornful tone, “it means just what I choose it to mean – neither more nor less.”\n\n“The question is,” said Alice, “whether you can make words mean so many different things.”", '1b4a029'], ['u/TenshiS', 10, '2024-03-02 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/ksyvq1f/', 'You just don\'t know what proof of work actually means. It\'s an established term that means something very specific.\n\nIt\'s as if you\'re calling a tree "a branch" and you\'re butthurt when someone points out a branch is something else.\n\nGrow up.', '1b4a029'], ['u/FortyandLife2Go', 12, '2024-03-02 13:37', 'https://www.reddit.com/r/Bitcoin/comments/1b4a029/paying_off_the_house_is_staring_me_in_the_face/kszs1jo/', "That's what I was thinking, sell enough BTC each month to pay the mortgage.", '1b4a029']]], ['u/ABloodHen', 'Whether to trade alts in for Bitcoin?', 63, '2024-03-02 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/', 'I’m sure there are many of us in the same boat right now holding bags of alts that we have ridden through the winter and their value has begun to turn green again. For me it’s ADA and VET mainly. But we are seeing and hearing that Bitcoin price is gaining momentum and headed to the moon. With the upcoming halving and ETFs as well as the certain fomo about to kick in, it really seems that Bitcoin is ready to go parabolic. What are you going to do? Do you hold on to your alts and hope they are dragged up in price too or do you swap out for Bitcoin and be part of the hype? I’m on the fence and can’t decide. ', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/', '1b4ajzs', [['u/EmotionalGraveyard', 72, '2024-03-02 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/ksxo1fj/', 'Always sell low and buy high! That’s the way to make $, amirite?', '1b4ajzs'], ['u/CompleteOriginal5802', 13, '2024-03-02 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1b4ajzs/whether_to_trade_alts_in_for_bitcoin/ksxomuv/', 'In a similar position. I like ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Investors rejoiced when Federal Reserve Chairman Jerome Powell told the world in November that lower interest rates were coming.\nThe Fed's campaign to beat inflation had pushed interest rates higher weighed on the costs of U.S. debt (and debts of nations worldwide) and severely dampened housing markets.\nThere was euphoric talk the central bank could cut rates three or four times in 2024. Some thought six times.\nBut those giddy days are no more. A March cut won't happen. A rate cut in May isn't in the offing, either.\nWhy not cut now? Because Fed officials insist they want REAL DATA showing that inflation is at or near 2% and will stay there. (Sustainable is the word they use.)\nAnd now an event looms this week that could give the Fed more time to wait.\nThe U.S. Labor Department will report on the jobs market and unemployment on Friday.\nRelated: Fed Inflation gauge ticks higher in January, but headline pressures ease; Stocks jump\nA hot report (defined as, say, 350,000 jobs added — the number estimated for January) and little change in the unemployment rate from January's 3.7% will confirm the Fed won't do any rate cutting at its March 19-20 meeting.\nAnd\xa0probably not at its April 30-May 1 meeting, either.\nAfter that, who knows? June? Maybe. July possibly.\nOne economist, Apollo's Torsten Slok, thinks the Fed may not need to cut rates AT ALL in 2024.\nPowell himself will testify before House Financial Services Committee on Wednesday and the Senate Committee on\xa0\xa0Banking, Housing, and Urban Affairs\xa0Thursday.\nThe formal text of his remarks may not change from one committee to the next.\nHe may offer more perspective on the Fed's thinking on interest rates in the question period. He will probably emphasize the Fed's interest in inflation falling toward its 2% goal on a sustained basis.\nBut he often slips in something during the Q&A that surprises traders and roils markets.\nSo far, investors haven't cared. The merry stock market rally that erupted at the end of October is still strong. Stocks ended February higher for a fourth straight month.\nThe\xa0Standard & Poor's 500 index, the Nasdaq Composite Index, and the Nasdaq-100 index all hit record closes on Friday. The Dow Jones industrials ended just 1% below its Feb. 23 record close.\nThe S&P 500, which finished at 5,137.08 on Friday (its first close above 5,100), has risen 16 weeks in the last 18 weeks. The performance is the best in 50 years, FactSet says.\nMore Economy:\n• Fed members just hat-tipped what's next for interest rates\n• Retail sales tumble clouds impact of inflation data\n• Jobs report shocker: 353,000 hires crush forecasts, stokes inflation fears\nEight of the S&P 500's 11 sectors are higher this year, with communications services and technology the best\xa0performers.\nAnalysts keep raising their year-end targets for the index: Bank of America analysts seem to have the highest projection at 5,600. That implies a 17% gain this year, following a 24% gain in 2023.\nThe Nasdaq-100 Index, up 7.8% this year, has climbed nearly 30% from its October closing low.\nNvidia(NVDA)was up 29% for February. Super Micro Computer(SMCI)jumped nearly 64% for the month and another 4.5% on Friday.\nRelated: S&P adds two hot stocks to its flagship S&P 500 index\nBitcoin jumped nearly 46% in February after a lackluster January and ended Friday at $63,053, just 8.6% below its intraday peak of $68,991 in November 2021.\nOne reason for the sharp gain isyou can now invest in bitcoin via exchange-traded funds(ETFs) offered by a host of money managers.\nSome bitcoin players see the cryptocurrency hitting $100,000 soon.\nThe 2-year Treasury yield is off 1.6% on the year at 4.19%.\nStill, the 10-year Treasury yield is up 8% this year. A 30-year mortgage will cost you about 7.1%, up from a low of 6.6% in December.\nNo wonder the National Association of Realtors reported that pending home sales slumped 5% in January.\nShutterstock\nAnd there are still reports of layoffs in technology companies and persistent chatter from prominent people like Jamie Dimon of JP Morgan Chase(JPM), that a recession is coming.\nOil and gasoline prices are rising (maybe because of normal season trends).\nGiven how this market is performing, a recession and a market pullback need a strong and specific trigger.\nThe political environment may offer one. So,\xa0 too, could a widening of the Russia-Ukraine War, the Hamas-Israeli war, or a Chinese attack on Taiwan.\nA true wildcard: something bizarre out of North Korea.\nAll the optimism about stocks notwithstanding, the jobs report is, in fact, the dominant report of the week. Until then, market reaction to others due before Friday\xa0will probably be muted. The reports include:\n• Factory orders and the ISM Non-manufacturing on Monday.\n• Factory orders on Tuesday.\n• The weekly Freddie Mac mortgage survey is on Wednesday.\n• Jobless claims on Thursday.\nThere are some important earnings reports due in the week ahead, including\n• Tuesday: Crowdstrike(CRWD), Target TGT, Ross Stores(ROST,)and Nordstrom(JWN).\n• Wednesday: Beverage maker Brown Forman(BF.A)and(BF.B), Campbell Soup(CPB), and Abercrombie & Fitch(ANF), whose shares have been hitting new highs regularly for the last year.\n• Thursday: Chipmaker Broadcom(AVGO), Costco Wholesale(COST), grocery giant Kroger(KR,)and electronic signature company DocuSign(DOCU).\nCostco, Target, and Kroger (if only because it's trying to merge with Albertson's) offer the most potential for drama.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'According to a growing number of analysts, the next crypto bull market rally has officially started. Enthusiasm over the arrival of new crypto investment products is building, top cryptos are surging, and the long, cold "crypto winter" now seems to be a distant memory.\nIt\'s time to start looking for coins and tokens likely to skyrocket higher as part of a broad-based crypto market rally. Three that are on my short list areBitcoin(CRYPTO: BTC),Ethereum(CRYPTO: ETH), andChainlink(CRYPTO: LINK).\nIf there is a no-brainer crypto investment in 2024, it\'s Bitcoin. After an awkward start to the year, when it briefly fell below $40,000, Bitcoin is now on a tear. It\'s up 35% for the year, and is holding strong above the $50,000 mark.\nMost of those gains, of course, have come on the basis of the Securities and Exchange Commission\'s (SEC) approval of the newspot Bitcoin exchange-traded funds (ETFs)in early January. In a single move, the SEC gave the green light to Bitcoin as an asset that anyone could hold as part of a well-diversified portfolio. Investor fund inflows into the new Bitcoin ETFs have been off the charts. All of this new buying of Bitcoin, of course, should continue to send the price of Bitcoin higher.\nAnd that\'s really just the start, because Bitcoin has another catalyst in place that might be much more powerful: the upcoming halving, scheduled for April. There have been three previous Bitcoin halving events, and each one has sent the price of Bitcoin to a new all-time-high.\nPast performance is no guarantee of future performance, of course, but investors are understandably excited about just how much higher Bitcoin could go after April. Suddenly, Bitcoin\'s all-time high of $69,000 looks well within reach, andmany investors believe Bitcoin could end the year at $100,000 or higher.\nAmid all the buzz surrounding the new spot Bitcoin ETFs, Ethereum is also soaring higher. This is primarily due to the growing narrative that Ethereum will be the next crypto in line to get its own spot ETF. A handful of Wall Street firms have already submitted applications, and SEC approval could come as early as May.\nThe only question, of course, is whether Ethereum will be another case of "buy the rumor, sell the news," as Bitcoin was in January. Simply stated, the huge rally Ethereum has seen thus far in 2024 might fizzle out in May, as soon as the new ETFs become available to investors.\nThat being said, there\'s still enormous upside potential with Ethereum, which is currently undergoing yet another upgrade to remain a best-in-class blockchain.\nGiven that Bitcoin and Ethereum together account for nearly 70% of the total value of the $2 trillion crypto market, it\'s worth looking for ways to diversify your portfolio beyond just the two biggest names. Of all the cryptos that rank in the top 20 by market cap, my personal pick is Chainlink.\nThat\'s because Chainlink, as a data oracle network, is completely different from both Bitcoin and Ethereum. Chainlink provides real-world data to smart contracts, which are one of the key building blocks of decentralized finance. Since Chainlink is the biggest and best-known data oracle network, it is also the most valuable. The crypto currently has a massive $11 billion market cap, which ranks No. 12 among all cryptocurrencies.\nWhat makes Chainlink particularly interesting is that it is also a long-term play on an emerging trend known as real-world asset tokenization. This refers to the process of transforming traditional financial assets (such as stocks and bonds) into digital assets that live on the blockchain.\nThese financial assets require data for proper pricing, and that\'s where Chainlink comes into the picture. Right now, Chainlink is one of the leaders when it comes to real-world asset tokenization, which has the potential to become a multitrillion-dollar trend by the year 2030.\nWhile the long-term prospects for Bitcoin, Ethereum, and Chainlink look good, just remember to do your due diligence before investing. Crypto is notoriously volatile, and regulatory risk is always a very real risk factor. As a rule of thumb, it\'s best to invest in large-cap cryptos that have a diversified base of both retail and institutional investors.\nIf forced to rank these three cryptos, Bitcoin would easily be my No. 1 choice. But, as they say, it\'s best not to put all your eggs in the same basket. Portfolio diversification is key, and two cryptos that could play a key role in this regard are Ethereum and Chainlink.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Ethereum. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy Hand Over Fist in Marchwas originally published by The Motley Fool', "The crypto market was chilled by high interest rates in 2022 and 2023, but it's been warming up again this year.Bitcoin's(CRYPTO: BTC)price has soared nearly 50% year to date as U.S. regulators approved the first spot price exchange-traded funds (ETFs) and investors looked toward the upcoming halving, which will slow Bitcoin's supply growth this year.Ethereum's(CRYPTO: ETH)price has risen more than 40% on hopes that regulators will also approve its spot price ETFs as the Ethereum network undergoes another update.\nThat recovery has driven many investors back toward crypto-related stocks likeCoinbase Global(NASDAQ: COIN),Marathon Digital(NASDAQ: MARA), andMicroStrategy(NASDAQ: MSTR). All three stocks represent simple ways to profit from the expansion of thecrypto market, and they could rally much higher by the end of the decade.\nCoinbase is one of the world's largest cryptocurrency exchanges. In 2023, it generated 34% of its trading volume from Bitcoin, 20% from Ethereum, 11% from theTether(CRYPTO: USDT)stablecoin, and the rest from other types of crypto assets. That diversification makes it a great way to profit from the long-term expansion of the crypto market.\nCoinbase suffered a major slowdown during the past two years as rising interest rates drove investors away from cryptocurrencies and other speculative investments. But looking ahead, the soaring prices of Bitcoin and Ethereum during the past few months will likely bring back more retail investors andlight a blazing fireunder its business again.\nFrom 2023 to 2026, analysts expect Coinbase's revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to both grow at a compound annual growth rate (CAGR) of 9%. Based on those estimates, Coinbase's stock looks reasonably valued at 26 times this year's adjusted EBITDA.\nYet those forecasts seem too conservative if you believe Bitcoin, Ethereum, and other top cryptocurrencies will soar to new heights. If that best-case scenario plays out, Coinbase could easily beat those estimates and outperform the market through 2030.\nMarathon is the world's largest pure-play Bitcoin miner. It minted a record 12,852 bitcoins in 2023, representing a 210% increase from 2022, while its energized hash rate (which gauges its total mining power) rose 253%. It periodically sells its mined Bitcoin to raise more cash, but it still ended the year with 15,126 bitcoins (worth $947 million as of this writing) and $357 million in cash and cash equivalents on its balance sheet.\nMarathon could consolidate the Bitcoin mining market in the near future. During the past year, it already opened two new plants, launched a mining joint venture in Abu Dhabi, and agreed to buy several other mining sites. Therefore, I wouldn't be too surprised if it tries to buy its closest competitorRiot Platforms(NASDAQ: RIOT).\nBitcoin will become increasingly difficult to mine with each halving, which reduces the rewards for mining the crypto in half every four years, but Marathon could offset that pressure with economies of scale by expanding its mining operations and diluting its expenses. Analysts expect its revenue to grow at a CAGR of 48% from 2023 to 2025 -- and it could grow even faster through the end of the decade if Bitcoin's price skyrockets and it takes over its top competitors.\nMicroStrategy was once considered a slow-growth enterprise software stock. That all changed when the company started to make large purchases of Bitcoin during the past 3 1/2 years. The company ended 2023 with 189,150 bitcoins on its balance sheet, with a market value of about $11.9 billion. That's nearly two-thirds of its enterprise value of $18.5 billion, and it plans to keep buying Bitcoin for the foreseeable future.\nAs MicroStrategy hoards more Bitcoin, it's gradually expanding its subscription-based analytics services to offset its declining license and support revenue. The bulls believe that over the long term, MicroStrategy's software business will stabilize as its Bitcoin investments pay off.\nSo just like Coinbase and Marathon, MicroStrategy represents an easy way to profit from Bitcoin's rising price without directly buying the cryptocurrency. The company could also sell some of its Bitcoin to reduce its debt and expand its software ecosystem with big investments and acquisitions. If it plays all of those cards right, it could easily outperform the market by 2030.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has adisclosure policy.\nPrediction: These Could Be the Best-Performing Crypto Stocks Through 2030was originally published by The Motley Fool", "At a current market cap of $2.3 trillion, the cryptocurrency market is back in style. Thanks to the surging price ofBitcoin(CRYPTO: BTC), the world's most valuable digital asset, investors might be eyeing other tokens in the hopes that they can soar.\nPerhaps there's no other cryptocurrency that exemplifies the meme-stock craze from 2021 better thanDogecoin(CRYPTO: DOGE). This speculative token skyrocketed in value during a raging bull market, but as of Feb. 28, it sits 86% below its peak price.\nCan Dogecoin bounce back and rise 760% to one day reach $1? Let's take a closer look to figure out the chances this token can make a new all-time record.\nCreated as a funny alternative to Bitcoin, Dogecoin is on ablockchainnetwork that was made to have an abundant token supply. There are currently 143 billion tokens outstanding, a figure that increases by 10,000 every minute.\nDogecoin has no functionality other than to be used as a tool for financial gain or to send money to others. According to cryptwerk.com, just 2,523 merchants worldwide accept it as a method of payment, which is a drop in the bucket when it comes to the number of businesses out there.\nThere isn't a reason to be optimistic about Dogecoin achieving greater adoption in the future. Data from venture capital firm Electric Capital shows that only 19 full-time developers are working on Dogecoin, ranking it 90th out of 100 blockchain networks. This doesn't bode well for its long-term viability.\nIn order for Dogecoin's price to remotely have a chance at climbing to a new high, it would need to benefit from another momentum-driven hype cycle. This means a public mention of the token by someone likeElon MuskorMark Cuban, with supporters quickly rushing in to buy the cryptocurrency. It's hard to know if this will ever happen.\nIn 2023, the overall crypto market roughly doubled in value. But Dogecoin was only up 27%. For one of the most speculative digital assets out there, you would expect it to rise rapidly when market conditions were favorable. This just wasn't the case, likely demonstrating tempered enthusiasm.\nInvestors who are serious about putting money to work in the cryptocurrency industry should consider Bitcoin instead. Unlike Dogecoin, Bitcoin was launched to be a scarce asset. There will only ever be 21 million coins in circulation, based on a pre-determined inflation schedule. This alone gives it value, particularly when compared to constantly debasing fiat currencies.\nBitcoin appears to have made it in terms of becoming a legitimate financial asset. The recent introduction ofspot exchange-traded funds, which are attracting billions of dollars in inflows, can be viewed as somewhat of a stamp of approval by the Securities and Exchange Commission, as well as major traditional asset managers who want to provide exposure to Bitcoin for their clients.\nGiven that its price has soared in the past few years, especially at a time when inflationary pressures are present, it might indicate that it's fulfilling its duty as a store of value. I don't believe Dogecoin holds a candle to this type of perception in the market.\nDespite its extremely volatile nature, throughout its history, Dogecoin has been a massive winner. However, I believe the interest from the investment community is fading.\nNot only do I think this crypto will never reach $1, but I wouldn't invest my hard-earned savings in it at all. In fact, I suspect this token has a better shot at going to zero first. There's a much better option for investors to choose.\nShould you invest $1,000 in Dogecoin right now?\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCan Dogecoin Reach $1?was originally published by The Motley Fool", "Right now,Bitcoin(CRYPTO: BTC)looks unstoppable. It's up about 20% during the past week, and nearly 50% for the year. At a price of about $62,000,Bitcoinis remarkably close to hitting its all-time high of $69,000.\nSo is now the time to go all in on Bitcoin, as much of Wall Street seems to be doing right now? Or are there better buys out there right now? Let's take a closer look.\nBitcoin's remarkable run this year seems to be driven primarily by one key catalyst: the introduction ofnew spot Bitcoin exchange-traded funds (ETFs)in January. These have been extraordinarily successful by just about any metric that you want to use. The net inflows into the most popular spot Bitcoin ETFs have been truly astounding.\nFor example, take the newiShares Bitcoin Trust(NASDAQ: IBIT)fromBlackRock. In just over one month, the fund has gone from holding zero Bitcoin to holding 100,000 coins. Investor inflows are coming in at $500 million per day. The iShares Bitcoin Trust ETF now has almost $7 billion in assets under management, and the new inflows show no signs of stopping.\nAnd it's not just the BlackRock Bitcoin ETF. There are two other spot Bitcoin ETFs with more than $1 billion in assets under management. Given all of this buying momentum, Bitcoin still looks like a screaming buy. If net ETF inflows begin to fall off, then that might be a warning signal that the Bitcoin rally is starting to lose momentum. But that doesn't seem to be the case right now. In fact, if anything, institutions appear to be ramping up their allocations to Bitcoin.\nMoreover, there's the upcoming Bitcoin halving in April to consider. These halving events, in which the rate of new Bitcoin production is cut by one-half, occur only once every four years and are highly anticipated by the crypto market. Historically, they have been catalysts for tremendous Bitcoin rallies.\nIn fact, in three previous Bitcoin halving cycles (2012, 2016, and 2020), the price of Bitcoin has soared to a new all-time high. Given that the halving is less than two months away, and we're already close to the $69,000 price level, it almost seems like a foregone conclusion that Bitcoin is going to hit a new all-time high sometime before the start of summer.\nWhile the general case for buying Bitcoin looks good, there are some obvious warning signals to consider. One of these is the Fear & Greed Index, which is now flashing strong warning signs. It is now at its highest levels since Bitcoin hit its all-time high in November 2021. Long story short, investors are becoming greedy again, much as they were in the last bull market cycle. They are buying Bitcoin hand over fist. The fear of missing out (FOMO) is making the average investor irrational and too focused on short-term gains.\nAnd that leads to the next observation -- it's quite likely that Bitcoin could experience one final correction before hitting a new all-time high. Crypto traders like to point out that Bitcoin never hits an all-time highbeforethe start of a halving cycle. It always occursafterthe halving event, and it usually takes anywhere from 12 to 18 months. So some are becoming very uneasy about the prospect of Bitcoin peaking too early. Bitcoin wasn't supposed to hit a new all-time high until after April!\nAnd that's where the inherent volatility of Bitcoin should be cause for concern. Yes, Bitcoin can go up 10% in a single day. But it can also go down 10% in a single day. And while Bitcoin is up 50% this year, and 150% in 2023, it was down 65% in 2022. Granted, with the arrival of so much new institutional money, the volatility of Bitcoin could be declining. But there is still risk that you could wake up after a very nice night of sleep only to find out that your Bitcoin nest egg has shrunk considerably.\nUltimately, the decision of whether to buy Bitcoin should not be based on short-term market fluctuations. Tracking the day-to-day volatility of Bitcoin can be overwhelming. Only buy Bitcoin if you feel confident about its long-term prospects as an entirely new asset class that belongs in your portfolio for both upside and diversification purposes.\nRight now, there is simply no other cryptocurrency that I'm as confident about buying and holding for the long term. I'm bullish on Bitcoin, and fully expect it to smash through its all-time high of $69,000 on the path to $100,000 before the end of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's Close to Hitting an All-Time High of $69,000?was originally published by The Motley Fool", "Right now,Bitcoin(CRYPTO: BTC)looks unstoppable. It's up about 20% during the past week, and nearly 50% for the year. At a price of about $62,000,Bitcoinis remarkably close to hitting its all-time high of $69,000.\nSo is now the time to go all in on Bitcoin, as much of Wall Street seems to be doing right now? Or are there better buys out there right now? Let's take a closer look.\nBitcoin's remarkable run this year seems to be driven primarily by one key catalyst: the introduction ofnew spot Bitcoin exchange-traded funds (ETFs)in January. These have been extraordinarily successful by just about any metric that you want to use. The net inflows into the most popular spot Bitcoin ETFs have been truly astounding.\nFor example, take the newiShares Bitcoin Trust(NASDAQ: IBIT)fromBlackRock. In just over one month, the fund has gone from holding zero Bitcoin to holding 100,000 coins. Investor inflows are coming in at $500 million per day. The iShares Bitcoin Trust ETF now has almost $7 billion in assets under management, and the new inflows show no signs of stopping.\nAnd it's not just the BlackRock Bitcoin ETF. There are two other spot Bitcoin ETFs with more than $1 billion in assets under management. Given all of this buying momentum, Bitcoin still looks like a screaming buy. If net ETF inflows begin to fall off, then that might be a warning signal that the Bitcoin rally is starting to lose momentum. But that doesn't seem to be the case right now. In fact, if anything, institutions appear to be ramping up their allocations to Bitcoin.\nMoreover, there's the upcoming Bitcoin halving in April to consider. These halving events, in which the rate of new Bitcoin production is cut by one-half, occur only once every four years and are highly anticipated by the crypto market. Historically, they have been catalysts for tremendous Bitcoin rallies.\nIn fact, in three previous Bitcoin halving cycles (2012, 2016, and 2020), the price of Bitcoin has soared to a new all-time high. Given that the halving is less than two months away, and we're already close to the $69,000 price level, it almost seems like a foregone conclusion that Bitcoin is going to hit a new all-time high sometime before the start of summer.\nWhile the general case for buying Bitcoin looks good, there are some obvious warning signals to consider. One of these is the Fear & Greed Index, which is now flashing strong warning signs. It is now at its highest levels since Bitcoin hit its all-time high in November 2021. Long story short, investors are becoming greedy again, much as they were in the last bull market cycle. They are buying Bitcoin hand over fist. The fear of missing out (FOMO) is making the average investor irrational and too focused on short-term gains.\nAnd that leads to the next observation -- it's quite likely that Bitcoin could experience one final correction before hitting a new all-time high. Crypto traders like to point out that Bitcoin never hits an all-time highbeforethe start of a halving cycle. It always occursafterthe halving event, and it usually takes anywhere from 12 to 18 months. So some are becoming very uneasy about the prospect of Bitcoin peaking too early. Bitcoin wasn't supposed to hit a new all-time high until after April!\nAnd that's where the inherent volatility of Bitcoin should be cause for concern. Yes, Bitcoin can go up 10% in a single day. But it can also go down 10% in a single day. And while Bitcoin is up 50% this year, and 150% in 2023, it was down 65% in 2022. Granted, with the arrival of so much new institutional money, the volatility of Bitcoin could be declining. But there is still risk that you could wake up after a very nice night of sleep only to find out that your Bitcoin nest egg has shrunk considerably.\nUltimately, the decision of whether to buy Bitcoin should not be based on short-term market fluctuations. Tracking the day-to-day volatility of Bitcoin can be overwhelming. Only buy Bitcoin if you feel confident about its long-term prospects as an entirely new asset class that belongs in your portfolio for both upside and diversification purposes.\nRight now, there is simply no other cryptocurrency that I'm as confident about buying and holding for the long term. I'm bullish on Bitcoin, and fully expect it to smash through its all-time high of $69,000 on the path to $100,000 before the end of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's Close to Hitting an All-Time High of $69,000?was originally published by The Motley Fool", 'By Stephanie Kelly\nNEW YORK, March 3 (Reuters) -\nCrypto is back! And it\'s not just in the markets.\nThe burgeoning cryptocurrency industry is jumping into the 2024 U.S. election, spending millions of dollars in Super Tuesday primary contests in California, Alabama and Texas to boost crypto-friendly candidates and defeat those pushing for more regulation.\nHow these candidates perform on Tuesday, when dozens of races across America are whittled down to two contestants, will indicate how much influence the increasingly wealthy crypto executives may wield in November.\nBrand new industry super PACs, or independent fundraising groups, Fairshake, Protect Progress and Defend American Jobs, backed by funds from Coinbase and the Winklevoss twins have spent at least $13 million in Tuesday\'s primary races, according to a Reuters analysis of data from OpenSecrets, a research group that tracks money in U.S. politics and its influence on elections and policy.\nAnd that\'s just the beginning, officials say.\n"The crypto community is playing politics to win," said Fairshake spokesperson Josh Vlasto. "We will have influence and impact in races behind candidates who align with our agenda and our vision."\nIn total, the three super PACs have raised nearly $102 million from January 2023 to January 2024, data from the Federal Election Commission showed.\nThe cryptocurrency industry has surged in recent months, and Bitcoin hit a new high last week, after the collapse of several big players in 2022 crushed prices and prompted a regulatory crackdown.\nThe industry, including its employees and political action committees, has so far contributed about $59.2 million toward the 2024 election cycle, up from $26.8 million in the 2022 midterm cycle and $1.6 million in the 2020 cycle, OpenSecrets data showed.\nCalifornia progressive Democrat Katie Porter, who is running for Senate, is a key target. Fairshake has spent over $10 million to try to convince voters not to back Porter, including launching a statewide TV and digital media buy.\nPorter joined U.S. Senator Elizabeth Warren in 2022, seeking information from Texas\' electric grid operator on cryptomining operations in the state and how the power the industry uses affects climate change and the energy grid.\n"This shady super PAC is spending more than $10 million to kick Katie out of Washington because they know she will stand up for Californians and take on powerful special interests like them in the Senate," said Porter\'s campaign spokesperson Lindsay Reilly.\nProtect Progress has also spent about $1.7 million to back Shomari Figures, a Democrat and former deputy chief of staff to U.S. attorney general Merrick Garland running in Alabama\'s 2nd congressional district race. A Democrat is expected to win the hotly-contested race, which was sparked after a federal court ordered Alabama to draw a new Congressional map.\nFigures, if elected, has pledged to "embrace the new landscape around digital assets, like Cryptocurrency, to stimulate innovation and technological advancement," his website says.\nIn Texas, Protect Progress has put about $962,000 in support of Representative Julie Johnson, a Democrat running in the state\'s 32nd congressional district race.\nMeanwhile, Defend American Jobs has allocated over $1 million to back Representative John Bradford III and Representative Tim Moore, both Republicans in North Carolina, OpenSecrets data showed. Moore is the speaker of the state\'s House.\nDemocrats are favored to take control of the House of Representatives in the 2024 election, perhaps by a slim margin, meaning individual Congress members could play pivotal roles in passing legislation.\n"You have candidates in all of those races who have demonstrated not only an openness to learning and thinking more about digital assets, but actually calling on Congress and on policymakers to take action there," said Kara Calvert, head of U.S. policy at Coinbase.\nCoinbase, an online platform for buying and selling crypto, is also behind a non-profit group called the Stand With Crypto Alliance that now counts 315,000 members, which aims to organize voters who own crypto and influence public opinion.\nThe industry\'s interest in the 2024 election comes on the heels of one of the biggest financial frauds on record. FTX founder Sam Bankman-Fried was found guilty last year of stealing from customers. Prosecutors allege he used those funds to donate more than $100 million to U.S. political campaigns.\nFederal election disclosures show he gave roughly $40 million to mostly Democratic-aligned groups and campaigns.\nAn indictment also accused Bankman-Fried of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans\nto the tune of\n$9.7 million to Democratic candidates and causes, and more than $24 million to Republican candidates and causes in 2022.\nAt least some\nhave returned\nthe money after.\n"The experience of FTX/Alameda should be a cautionary tale" for any campaign, said Ciara Torres-Spelliscy, a professor of law at Stetson University College of Law. Alameda Research was Bankman-Fried\'s crypto-focused hedge fund.\n"The FTX/Alameda funds that went into politics are subject to two different attempts to claw back the money: One claw back from the bankruptcy estate of FTX and another claw back from federal prosecutors who consider the money fruits of a crime." (Reporting by Stephanie Kelly; Editing by Heather Timmons and Diane Craft)', 'By Stephanie Kelly\nNEW YORK (Reuters) - Crypto is back! And it\'s not just in the markets.\nThe burgeoning cryptocurrency industry is jumping into the 2024 U.S. election, spending millions of dollars in Super Tuesday primary contests in California, Alabama and Texas to boost crypto-friendly candidates and defeat those pushing for more regulation.\nHow these candidates perform on Tuesday, when dozens of races across America are whittled down to two contestants, will indicate how much influence the increasingly wealthy crypto executives may wield in November.\nBrand new industry super PACs, or independent fundraising groups, Fairshake, Protect Progress and Defend American Jobs, backed by funds from Coinbase and the Winklevoss twins have spent at least $13 million in Tuesday\'s primary races, according to a Reuters analysis of data from OpenSecrets, a research group that tracks money in U.S. politics and its influence on elections and policy.\nAnd that\'s just the beginning, officials say.\n"The crypto community is playing politics to win," said Fairshake spokesperson Josh Vlasto. "We will have influence and impact in races behind candidates who align with our agenda and our vision."\nIn total, the three super PACs have raised nearly $102 million from January 2023 to January 2024, data from the Federal Election Commission showed.\nThe cryptocurrency industry has surged in recent months, and Bitcoin hit a new high last week, after the collapse of several big players in 2022 crushed prices and prompted a regulatory crackdown.\nThe industry, including its employees and political action committees, has so far contributed about $59.2 million toward the 2024 election cycle, up from $26.8 million in the 2022 midterm cycle and $1.6 million in the 2020 cycle, OpenSecrets data showed.\nCalifornia progressive Democrat Katie Porter, who is running for Senate, is a key target. Fairshake has spent over $10 million to try to convince voters not to back Porter, including launching a statewide TV and digital media buy.\nPorter joined U.S. Senator Elizabeth Warren in 2022, seeking information from Texas\' electric grid operator on cryptomining operations in the state and how the power the industry uses affects climate change and the energy grid.\n"This shady super PAC is spending more than $10 million to kick Katie out of Washington because they know she will stand up for Californians and take on powerful special interests like them in the Senate," said Porter\'s campaign spokesperson Lindsay Reilly.\nProtect Progress has also spent about $1.7 million to back Shomari Figures, a Democrat and former deputy chief of staff to U.S. attorney general Merrick Garland running in Alabama\'s 2nd congressional district race. A Democrat is expected to win the hotly-contested race, which was sparked after a federal court ordered Alabama to draw a new Congressional map.\nFigures, if elected, has pledged to "embrace the new landscape around digital assets, like Cryptocurrency, to stimulate innovation and technological advancement," his website says.\nIn Texas, Protect Progress has put about $962,000 in support of Representative Julie Johnson, a Democrat running in the state\'s 32nd congressional district race.\nMeanwhile, Defend American Jobs has allocated over $1 million to back Representative John Bradford III and Representative Tim Moore, both Republicans in North Carolina, OpenSecrets data showed. Moore is the speaker of the state\'s House.\nDemocrats are favored to take control of the House of Representatives in the 2024 election, perhaps by a slim margin, meaning individual Congress members could play pivotal roles in passing legislation.\n"You have candidates in all of those races who have demonstrated not only an openness to learning and thinking more about digital assets, but actually calling on Congress and on policymakers to take action there," said Kara Calvert, head of U.S. policy at Coinbase.\nCoinbase, an online platform for buying and selling crypto, is also behind a non-profit group called the Stand With Crypto Alliance that now counts 315,000 members, which aims to organize voters who own crypto and influence public opinion.\nThe industry\'s interest in the 2024 election comes on the heels of one of the biggest financial frauds on record. FTX founder Sam Bankman-Fried was found guilty last year of stealing from customers. Prosecutors allege he used those funds to donate more than $100 million to U.S. political campaigns.\nFederal election disclosures show he gave roughly $40 million to mostly Democratic-aligned groups and campaigns.\nAn indictment also accused Bankman-Fried of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans to the tune of $9.7 million to Democratic candidates and causes, and more than $24 million to Republican candidates and causes in 2022.\nAt least some have returned the money after.\n"The experience of FTX/Alameda should be a cautionary tale" for any campaign, said Ciara Torres-Spelliscy, a professor of law at Stetson University College of Law. Alameda Research was Bankman-Fried\'s crypto-focused hedge fund.\n"The FTX/Alameda funds that went into politics are subject to two different attempts to claw back the money: One claw back from the bankruptcy estate of FTX and another claw back from federal prosecutors who consider the money fruits of a crime."\n(Reporting by Stephanie Kelly; Editing by Heather Timmons and Diane Craft)']... Last 60 Days of Bitcoin's Closing Prices: [42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-03 Financial & Commodity Data: - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,225,370,107,250 - Hash Rate: 611408496.6053661 - Transaction Count: 385447.0 - Unique Addresses: 633897.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The investment manager running the largest bitcoin futures ETF says that the fund is here to stay—despite speculation that the new spot bitcoin rivals pulling in billions of investor money will put them out of business. The $1.9 billionProShares Bitcoin Strategy ETF (BITO)was the first bitcoin ETF, approved in 2021 and pulling in $570 million in itsfirst dayof trading. That fund, which trades bitcoin futures, now faces an existential challenge from the 11 spot bitcoin ETFs, approved last month, which give investors exposure to day-to-day price fluctuations in the cryptocurrency. Still, Simeon Hyman, ProShares’ head of investment strategy, says he welcomes the new funds. “[Based on] what we’ve seen over the past month, we feel really good,” Hyman told etf.com in an interview. “It’s reinforced our view that there are enduring benefits to a futures based approach,” including “a regulated environment with efficient price discovery.” Trading in BITO surged after the launch of the spot bitcoin products, with daily trading volume reaching a high of 88.6 million shares on Jan. 11, according to Bloomberg data. On Feb. 1, the fund saw 14 million shares trading worth about $298 million, beating the trading volume of theGrayscale Bitcoin Trust (GBTC),the largest spot bitcoin ETF, which traded about $291 million that day, Bloomberg data show. Yet much of the trading volume appears to be investors selling the fund, as BITO has seen huge outflows—bleeding $143 million in one day on Jan. 31. Since the launch of the spot bitcoin funds, the fund has lost $364 million in outflows, according to etf.com data. At the same time, the largest spot bitcoin fund of the 11 that are now trading, BlackRock Inc.’siShares Bitcoin Trust (IBIT), has pulled in nearly $3 billion of investor cash. Yet with the advent of the spot bitcoin ETF funds, many experts have predicted that the futures funds will progressively see less and less interest from investors, similar to how gold futures ETFs eventually faded out after a gold ETF debuted on the market. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” VanEck, which also offers a spot bitcoin ETF, closed its bitcoin futures fund in late January. Kyle DaCruz, director of digital assets product at VanEck said at the time that company believes investors would "switch from products offering bitcoin futures exposure to direct bitcoin exposure.” Yet ProShares remains confident that their futures ETF, which is the largest by far, has much to offer investors. “From a market share perspective, there are absolutely enduring advantages to a futures-based ETF that will allow BITO to coexist and have a nice piece of the market for quite a long time,” Hyman said. “You could count us as certainly modestly bullish with the broader adoption of bitcoin in traditional asset allocations and growing the pie for everybody,” he added. Contact Lucy Brewster [email protected]. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/montymoon1', 'So what happens if Bitcoin ETF gets hacked/loses seed?', 213, '2024-03-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', "Looking to invest in Bitcoin ETF but have something on my mind:\n\nSay for example Fidelity, who owns their own Bitcoin, loses their seed, gets hacked, whatever. What would happen? Would everyone who owns the ETF be screwed? I understand their security and ability to keep a seed phrase safe is much greater than my own, but I'm wary of putting in my hard-earned retirement money into something that could be lost so easily. I'm pretty sure it wouldn't be insured because of how much money that would be gone.\n\nDoes anyone know what would happen in an event like this?", 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', '1b51oo5', [['u/rundown03', 20, '2024-03-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kddq/', 'If it was lost, price would rise. If it was hacked, expect a hige dip.', '1b51oo5'], ['u/Enschede2', 16, '2024-03-03 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kttc/', "Well, I'm assuming (hoping) that the seed is in some sort of fort knox structure somewhere", '1b51oo5'], ['u/Smiling_Jack_', 87, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l0uc/', 'Since these are registered ETFs, they have additional protection similar to how FDIC is a safety net for Bank deposits.\n\nI think SIPC has similar protection limits.', '1b51oo5'], ['u/Kno010', 17, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l1sl/', 'It would not necessarily be bullish if it was lost. It would be a major hit to the reputation of bitcoin and a lot of people would be a lot more hesitant to hold it. If one of the ETFs went down like this then people would dump all the other ETFs.', '1b51oo5'], ['u/BlubberWall', 356, '2024-03-03 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2lr87/', 'ETF’s have a custodian to hold it, for example Coinbase holds blackrocks Ishare BTC ETF in multiple separate wallets. All ETFs will tell you where it stored if you look through their prospectus.\n\nThey are insured, and the wallets themselves are almost certainly multi sig with no one person having all the needed pieces', '1b51oo5'], ['u/-TrustyDwarf-', 39, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mbxx/', "Once it gets large enough, they'll probably get bail out using tax payer money.", '1b51oo5'], ['u/BlubberWall', 21, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mdvb/', 'That’s exactly what insurance is for, what else would they be protecting against?', '1b51oo5'], ['u/uncapchad', 26, '2024-03-03 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ntfd/', "There are authorised custodians of the BTC and the ETF's holdings are never connected to the internet. Custodians are required to have additional safeguards and greater oversight from regulators. \r \n\r \nSome of the added standards for qualified custodians include insurance minimum reserves that exceed assets. They must segregate their various bitcoin holding accounts. And regulators must review the company's crypto wallet structure. This article goes into the detail of it all [https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/](https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/)", '1b51oo5'], ['u/JohnnyBaboon123', 27, '2024-03-03 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2oh2w/', '>Insurance won’t help if these wallets get hacked…\n\nthey only got that nothing goes wrong insurance?', '1b51oo5'], ['u/rundown03', 11, '2024-03-03 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2p6i4/', 'It would rather be a major hit in the reputation of the etf trust.', '1b51oo5'], ['u/Scarf_Darmanitan', 16, '2024-03-03 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2rrq6/', 'For the layman that’s gonna be the reputation of Bitcoin lol', '1b51oo5'], ['u/schadey187', 38, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2u56l/', 'There’s no such thing as a stupid question. Stranger things have happened, then a bank being hacked.', '1b51oo5'], ['u/schadey187', 40, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ua8u/', 'The fucking SEC didn’t even have 2FA on their Twitter account. Lol.', '1b51oo5'], ['u/grumbledonaldduck', 19, '2024-03-03 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ug49/', 'Its a valid concern to someone not familiar with crypto. You should be encouraging and educating, not shaming. Mainstream adoption benefits everyone, even pretentious gatekeepers.', '1b51oo5'], ['u/thethorbs', 10, '2024-03-03 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2vsht/', "They have them written on a piece of paper, stashed under the ceo's bed. It's extremely safe there", '1b51oo5'], ['u/SuleyGul', 84, '2024-03-03 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt31h10/', 'Also I would imagine to spread the risk they hold the funds in many many wallets in case one seed ever gets hacked somehow. \nIt would be very stupid to hold like 10 bil of BTC in one wallet lol.', '1b51oo5'], ['u/9AvKSWy', 14, '2024-03-03 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt342qh/', '>They are insured\n\nAbsolute meme levels of absurdity.', '1b51oo5'], ['u/entropreneur', 12, '2024-03-03 03:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt39u9c/', "People that are able to find similar aspects in other industries with sufficient data. I'm sure they made a good chunk of $$$ running those numbers", '1b51oo5'], ['u/Jpotter145', 15, '2024-03-03 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3hbjd/', ">What would actually happen? No one knows until it does unfortunately. The good thing about fidelity and blackrock is there essentially too big to fail, a bailout is always a possibility\n\nIt's detailed in each ETFs disclosure information-- here is blackrocks:\n\nhttps://www.ishares.com/us/literature/prospectus/p-ishares-bitcoin-trust-12-31.pdf\n\nIn the event the custodian (Coinbase) is hacked they would only be covered up to 320Million -- far far far less than required to covered the billions in the BTC wallets + this is the same insurance for any loss. So it's not separate insurance for the ETFs:\n\n>Coinbase Global maintains a commercial crime insurance policy of up to $320 million, which is intended to cover the loss of client assets held by Coinbase \nInsureds, including from employee collusion or fraud, physical loss including theft, damage of key material, security breach or hack, and fraudulent transfer. \nThe insurance maintained by Coinbase Global is shared among all of Coinbase’s customers, is not specific to the Trust or to customers holding bitcoin with \nthe Bitcoin Custodian or Prime Execution Agent and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.\n\nSo in reality we know what would happen in the case the ETF wallets are hacked -- there would be a total loss. The ETF sponsors would be off the hook and only Coinbase could be held negligent (if at all). So only CB may fall - not the big banks and they are protected from having to pay back the customers they sell their very ETFs to.", '1b51oo5'], ['u/weaponsmiths', 11, '2024-03-03 04:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3l3xr/', "The prospectus says they are not responsible if the keys are lost, even if it's intentional by the trustee. I didn't see anything about insurance on the holdings, it was all warnings about how you can lose everything. Got a link?", '1b51oo5'], ['u/National_Asparagus_2', 53, '2024-03-03 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3lazx/', 'You never know. May be they re using just spreadsheet', '1b51oo5'], ['u/WorldsMostDad', 52, '2024-03-03 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3odxs/', 'Ah yes, the "FTX method"\n\nClassic', '1b51oo5'], ['u/bittabet', 11, '2024-03-03 05:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3trye/', 'Yeah I think the reason WHY people buy BlackRock and Fidelity’s ETFs over those from smaller players is that they have a LOT of money and brand reputation on the line. So if something really bad happens it’s unlikely that they’d just do nothing. A similar example with a much smaller player would be how Gemini worked pretty hard to fix their Gemini earn situation for customers when Genesis went kaput, now their clients are getting made whole. If you lent directly to Genesis you got screwed, but if you let to Genesis through Gemini you had someone else you could go after for the money who has a reputation to uphold.\n\nBlackRock manages over [TEN TRILLION DOLLARS](https://www.bloomberg.com/news/articles/2024-01-12/blackrock-total-assets-top-10-trillion-after-comeback-quarter) of assets. That’s a LOT of dollars so some billion dollar hack that would be a huge crippling death blow to a smaller company would be like a mildly annoying mosquito bite to BlackRock.\n\nAlso aside from BlackRock just having an insane amount of money is the fact that you just don’t screw with BlackRock. If you hack some random guy nothing ever happens to the hacker. If you hack BlackRock’s Bitcoin, the company that manages even the US government’s pensions you’ve put a gigantic target on your back and you can bet that Larry Fink is calling the head of the FBI, CIA, and NSA to hunt your ass down.', '1b51oo5'], ['u/Olivia512', 13, '2024-03-03 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt42bqa/', "Read the prospects. SIPC does not insure the underlying BTC getting hacked, just like it doesn't insure commodities getting lost for commodities ETFs.", '1b51oo5']]], ['u/Ur_boi_skinny_penis', 'Was the hype the same before the last halving?', 63, '2024-03-03 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/', 'Ik this run has a different feel to it because of the ETFs, but everybody talks like it’s nearly a guarantee that Bitcoin will be going up for another year. Obviously, Ik history doesn’t always repeat itself but I’m curious if the sentiment was the same before the last halving? Were people just as confident as they are now?', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/', '1b51x4q', [['u/Ur_boi_skinny_penis', 13, '2024-03-03 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2lssy/', 'Just curious my friend. I wasn’t in the sub back then', '1b51x4q'], ['u/marcio-a23', 19, '2024-03-03 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2ns3z/', 'After halving the value miners need to sell to get a profit Double..\n\nSo they stop selling and lack of supply raises prices.', '1b51x4q'], ['u/Jeremiah_Vicious', 20, '2024-03-03 01:00', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2r8fu/', 'Last halving was weird because of COVID. I remember a lot of people posting on here how they became full coiners during that time. I don’t remember it being too hyped and I actually remember it feeling like a letdown. The mania didn’t start until late 2020.', '1b51x4q'], ['u/conulgbo', 83, '2024-03-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2s8eg/', 'Bro, 4 years ago, at this time, people were scared shitless. Covid was coming. BTC was near the bottom, at 3-4k. No one was hyped, BTC was dead. It went up slowly after the halving, but at this time in the previous cycle it was the exact opposite of what is now.', '1b51x4q'], ['u/XXsforEyes', 13, '2024-03-03 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2xatx/', 'Cycles will cycle… add the ETF buying pressure to what’s already scheduled to happen and I feel pretty confident.', '1b51x4q'], ['u/Salty-Flower-', 143, '2024-03-03 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt2xtpf/', 'This isn’t even hype yet.', '1b51x4q'], ['u/zzseayzz', 35, '2024-03-03 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt3cn6a/', 'We have enough recent data to know this cycle is different. \n\nThe low supply continue to dwindle. \n\nETFs buying rate still launch. \n\nFund managers added ETFs. \n\nMore ETF launching. \n\nHalving soon. \n\nTCID. \n\n😈\n\n- This Cycle is Different (TCID)', '1b51x4q'], ['u/PheelGoodInc', 21, '2024-03-03 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt3vjc9/', 'Brazil just started their ETF like two days ago. China is in the process. Things are going to get wild...', '1b51x4q'], ['u/BackendSpecialist', 16, '2024-03-03 07:39', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt475ie/', 'I thought China banned Bitcoin. Are they done banning it now lol', '1b51x4q'], ['u/poluting', 21, '2024-03-03 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1b51x4q/was_the_hype_the_same_before_the_last_halving/kt47x5m/', 'They ban and unban yearly', '1b51x4q']]], ['u/sarup23', 'Charts looks like JASMY might go to moon and then to Jupiter. Jasmy sitting stable at 0.02 level!', 57, '2024-03-03 00:34', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/', '\n\n[Fib retracement Analysis!](https://preview.redd.it/mqc5ekb090mc1.png?width=2666&format=png&auto=webp&s=88f141c741db611bdf796c4a678579b70eb5d631)\n\nThe 1 hour chart above shows that JASMY has been on a uptrend/Bullmarket since feb 19th. That is when it started climbing. Also, on the Fib retracement tool the retracement did not cross the 0.5 level, which means the whole move was bullish and it was a bull flag. It has done similar movement on the both pump to the upside.\n\nIt currently sits nice and cozy at the 0.02 level like i predicted, and unless BTC dosent fall back down like more than 2.5%, JASMY will sit at these levels and wait for another pump, which might just be couple days away.\n\nSo, for all my JASMY holders who are on the edge of the seat rn, chill out. go brab a glass of water and be zen till we go through URANUS, then u may scream and panic!\n\nCHEERS! Happy holding till then!!', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/', '1b528u9', [['u/Full_Reputation7568', 11, '2024-03-03 01:33', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/kt2w3w9/', 'Not rich yet! So a bottle of cheap wine will do, until Jasmy takes off!', '1b528u9'], ['u/FlatulateHealthilyOK', 10, '2024-03-03 03:03', 'https://www.reddit.com/r/JasmyToken/comments/1b528u9/charts_looks_like_jasmy_might_go_to_moon_and_then/kt39a8z/', ".27 to .37 is going to be the realest tests of them all. If this cycle repeats last cycle trend, .30 cents in 6 months doesn't seem impossible", '1b528u9']]], ['u/GA8S', 'Trading volume insanity, what is happening?', 46, '2024-03-03 00:34', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/', 'SHIB trading volume has surpassed bitcoin’s today. I don’t see any media coverage of this. Does anybody know what is going on?', 'https://i.redd.it/ymlwsxgma0mc1.jpeg', '1b5292p', [['u/SlashRModFail', 13, '2024-03-03 01:25', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt2v1l4/', 'Pricing for halving.', '1b5292p'], ['u/Jambroni99', 13, '2024-03-03 02:23', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt33icz/', 'Keep in mind a big whale can buy and sell their own coins back and forth and add to the figures. This is an unregulated market so any and all sketchy things will and do happen. The average person is just on for the ride.', '1b5292p'], ['u/pursuit_of_boom', 25, '2024-03-03 02:38', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt35oo5/', 'Before climax', '1b5292p'], ['u/Instinctonlyy', 23, '2024-03-03 05:40', 'https://www.reddit.com/r/SHIBADULTS/comments/1b5292p/trading_volume_insanity_what_is_happening/kt3ue14/', 'I’ve held at the ath and I’m still here holding', '1b5292p']]], ['u/Sichterman', 'What is causing the spike?', 24, '2024-03-03 00:42', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/', "Not that I'm not loving the 58% spike in less than a week, but what is causing it? Is it the halving? The BTC spot acceptance in Brazil? \n\nAny thoughts appreciated. ", 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/', '1b52g3c', [['u/ReservedAndTrue', 21, '2024-03-03 01:03', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt2rq75/', "Shorts are getting destroyed. They keep jumping back in. It's like Algo revenge trading.\n\nhttps://www.coinglass.com/LiquidationData", '1b52g3c'], ['u/cabbage-collector', 16, '2024-03-03 01:58', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt2zwo6/', '$BCH is the real Bitcoin! (Pass it on, pamp it up!)', '1b52g3c'], ['u/Desperate_Way5061', 11, '2024-03-03 02:00', 'https://www.reddit.com/r/Bitcoincash/comments/1b52g3c/what_is_causing_the_spike/kt306n8/', 'Let them rot and keep doing it. We want $1000', '1b52g3c']]], ['u/beegodsantana', "I still have a few hundred $ in BTC from years ago (up like 10,000% since I actually used it). Despite the current bull run, I literally can't find anything to spend it on than shady drugs. Is there a site were I can buy actual consumer goods with it?", 15, '2024-03-03 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/', "Like, I really don't need fentanyl laced cough syrup or research chems from China. Where do I turn my satoshi bux into paper towels and heating oil?", 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/', '1b52w4b', [['u/spookmann', 67, '2024-03-03 01:07', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2s8cs/', "According to all the people who visit this sub...\n\n...you can convert it to USD any time you want. It takes one click, five seconds, with no risk, and 5¢ in fees.\n\nPlease do take screen shots and notes as you go through the process. We'd love to see how easy it is!", '1b52w4b'], ['u/NakamotoScheme', 10, '2024-03-03 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2whsl/', 'Assuming your idea is to spend it into something useful to avoid being a customer of an exchange, Vultr (a cloud computing platform) "still" accepts bitcoin.\n\nYou might want to ask this question in the bitcoin sub. At this point, willing to spend it might sound heretic for them...', '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 01:38', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2wx13/', "I don't need cloud computing though. I need heat and cleaning supplies.", '1b52w4b'], ['u/DiveCat', 15, '2024-03-03 01:38', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2wy6p/', 'And 10 years from that it will be 1,000x or 10,000x, or whatever the latest “prediction” is, so why ever spend it at all? \n\nAlmost like there are some who want to make sure you hodl forever. 🤔', '1b52w4b'], ['u/beegodsantana', 15, '2024-03-03 01:40', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2x9ey/', 'But I wanna use it now for things I actually need. I might be dead in 10 yrs.', '1b52w4b'], ['u/beegodsantana', 11, '2024-03-03 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt2zkyg/', 'Yep I used it to directly trade seeds 10 yrs ago, left a little in a wallet that I forgot about, now seeds are legal and that little bit is worth hundreds. I just want basic consumer goods, ya know, the stuff people actually use on a daily basis without having to give out all my info to a shady exchange.', '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt318lo/', 'Um, some of us obtained our BTC during the Obama years when it actually served a real purpose for seed traders. I waited 11 yrs, the line went way up and I wanna use it to buy stuff I actually need, what about that is bad investing?', '1b52w4b'], ['u/beegodsantana', 10, '2024-03-03 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt34fvj/', 'Thank you, not exactly what I was looking for but this was by far the best answer so far.', '1b52w4b'], ['u/Rokey76', 10, '2024-03-03 02:31', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt34qxb/', 'What is Bitcoin an investment in exactly?', '1b52w4b'], ['u/Rokey76', 10, '2024-03-03 02:47', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt372jk/', 'You can do something with property. Not sure what you can do with Bitcoin.', '1b52w4b'], ['u/AmericanScream', 11, '2024-03-03 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt37y9j/', "\nActually NewEgg doesn't accept bitcoin natively. They use an intermediate exchange (BitPay) like others.", '1b52w4b'], ['u/beegodsantana', 12, '2024-03-03 03:09', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3a8f6/', "I don't know what kinda of Harem $400 in BTC gets ya, but something tells me I don't wanna find out.", '1b52w4b'], ['u/beegodsantana', 11, '2024-03-03 03:41', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3eo20/', "I don't have a coinbase account and don't wanna sign up for a service that was randomly making customer's balances $0 as of a few days ago.", '1b52w4b'], ['u/skittishspaceship', 17, '2024-03-03 04:37', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3me8i/', 'you spend dollars. they sell your crypto to pay for it. so no, you dont have a visa card that does what you said.', '1b52w4b'], ['u/machinery_of_fools', 11, '2024-03-03 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3ritv/', "i'm sure that's just a coincidence amirite", '1b52w4b'], ['u/headbangervcd', 13, '2024-03-03 05:17', 'https://www.reddit.com/r/Buttcoin/comments/1b52w4b/i_still_have_a_few_hundred_in_btc_from_years_ago/kt3rmrk/', "It's actually pretty easy, if you have a cold storage the best place to keep it, just send it to an exchange of your choice. It's literally a picture of a QR code. \n\nWhen the transaction is confirmed on the block chain your coins will be in your exchange wallet, now sell it for USD and transfer to your bank of choice.", '1b52w4b']]], ['u/scotburgh', "What kind of price at we expecting this to steady at after the bitcoin halving? I've been in and out for the past year and considering going all in again.", 15, '2024-03-03 01:33', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/', 'I know nobody knows exactly but curious to see what your expectations are.', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/', '1b53ldu', [['u/Andrew_Codes_', 13, '2024-03-03 03:42', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/kt3ex2o/', 'No clue. But I don’t see why VRA can’t at least 5x their last peak which would mean 40 cents especially with all the institutional money and ETFs pouring billions in daily. Also I haven’t fully dug into it but they jumped on the AI train and have been selling themselves for that narrative, which is expected to be the biggest category this run. At the end of the day though, could go to zero any day, no guarantees on anything.', '1b53ldu'], ['u/Sapanga', 13, '2024-03-03 09:19', 'https://www.reddit.com/r/Verasity/comments/1b53ldu/what_kind_of_price_at_we_expecting_this_to_steady/kt4g4xf/', "I wouldn't use TikTok to teach me how to open a door let alone financial advice!", '1b53ldu']]], ['u/UniversityGreen7611', 'Happy weekend $BETS Squeezers and Holders', 67, '2024-03-03 02:38', 'https://www.reddit.com/r/Shortsqueeze/comments/1b54ynk/happy_weekend_bets_squeezers_and_holders/', 'I wasn’t sure if I’d make a post today. Long hours at my day job and a closed market doesn’t give me much to give you all. \n\nBut I’m still here. Just want to share my thoughts as a bag holder. You see that horizontal line on the 1 month and 5 day graph? That’s people like me. Bag holders. Aka my freaking heros the people standing at the front lines saying you can’t over short a share so hard that you end up with naked shorts. \n\nSo with bitcoin itching toward all time high and the halving coming soon, I’m stoked. These are just my opinions and everyone should do their own research. This is not financial advice. But you know where I’m at on this. 💎👋🏼', 'https://www.reddit.com/gallery/1b54ynk', '1b54ynk', [['u/notzebular0', 12, '2024-03-03 14:35', 'https://www.reddit.com/r/Shortsqueeze/comments/1b54ynk/happy_weekend_bets_squeezers_and_holders/kt58vlj/', "Hate to break it to ya fellas but the short % you are seeing is wrong. That's based on share count before they diluted, it's only something like 20% short.\n\nhttps://dilutiontracker.com/", '1b54ynk']]], ['u/Bloomien', 'I was almost a billionaire.', 66, '2024-03-03 02:41', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/', 'In middle school, my social studies teacher played a news clip about cryptocurrency as a part of her lesson that day (2010). Somehow, some way I knew that I knew that KNEW it was going to be huge. I remember even staying a couple minutes after class to ask a question about it.\n\nSo—not having my own debit card / money— I stole my mom’s wallet while she was sleeping and searched ”how to buy bitcoin“ on our super outdated box monitor computer (..man I remember this moment so vividly…). I was shaking uncontrollably out of fear of getting caught.\n\n1. I was / am rule follower and never really did sneaky things like that growing up.\n2. Just ordering physical products wasn’t common back then and a lot of people my mom’s age still protested buying something online with “someone’s going to steal my information“ at that time\n3. I felt really guilty\n4. I was paranoid that she was going to wake up as she almost did when I was digging her wallet out of her purse—she sounded like she wasn’t in deep sleep anymore\n\nLooking at the non-user-friendly, over-the head-of-a-7th-grader search results and shaking like a leaf because of the list above, I conceded and tiptoed to put my moms wallet back...\n\nI forgot about crypto until it was reintroduced to me in December 2017…smh. \nI was so young at the time that I probably would have left what I purchased on the exchange and it would have gotten stolen anyway… or forgotten the password to whatever storage alternatives they had back then… but then again maybe not. Maybe I would have learned enough to keep what I purchased safe... \n\n \n\\sigh\\ this close 🤏 \n\n \nNow that I am reflecting on this moment again, I think there is a strong possibility that that teacher is now a billionaire. Looking in hindsight, she seemed to know a lot about it for that time—and saw the value in it. That makes me feel better. Most of the kids at that school were very mean to her and would not listen to her. Wow, after many years of anguishly reflecting on my own brush with enormous wealth, this new thought I had while typing finally gives me a little peace about it. If she is, she deserves it!! She was treated so badly…\n\n \nMrs. Morales / former Mrs. Morales (I think she got divorced)—if you’re out there…and you find it in your heart… send a blessing my way please. Lol', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/', '1b5514k', [['u/Tucker_von_Joes_Stu', 55, '2024-03-03 03:43', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3f1if/', 'My wife talked me out of buying land in 2009 and Kodak when it was 0.03 cents a share. Was going to buy like 1000.00 dollars worth. Ex wife I mean', '1b5514k'], ['u/PutAdministrative206', 47, '2024-03-03 04:08', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3ii26/', 'You would have sold when Bitcoin jumped to $60 or lost your password. Don’t waste another second worrying about what you didn’t do because your life would be no different.', '1b5514k'], ['u/twacgop', 11, '2024-03-03 04:23', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3kjg8/', "Any seventh grader would've sold when they were up a couple hundred bucks. You could buy all the pogs and crazy bones you wanted for that kind of money and those are investments you can retire on.", '1b5514k'], ['u/Bloomien', 10, '2024-03-03 04:48', 'https://www.reddit.com/r/stories/comments/1b5514k/i_was_almost_a_billionaire/kt3nxu2/', 'Geeez... you live and you learn.', '1b5514k']]], ['u/Bloomien', 'I was almost a billionaire… sigh', 24, '2024-03-03 03:05', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/', 'In middle school, my social studies teacher played a news clip about cryptocurrency as a part of her lesson that day (2010). Somehow, some way I knew that I knew that KNEW it was going to be huge. I remember even staying a couple minutes after class to ask a question about it.\n\nSo—not having my own debit card / money— I stole my mom’s wallet while she was sleeping and searched ”how to buy bitcoin“ on our super outdated box monitor computer (..man I remember this moment so vividly…). I was shaking uncontrollably out of fear of getting caught.\n\n1. I was / am rule follower and never really did sneaky things like that growing up.\n2. Just ordering physical products wasn’t common back then and a lot of people my mom’s age still protested buying something online with “someone’s going to steal my information“ at that time\n3. I felt really guilty\n4. I was paranoid that she was going to wake up as she almost did when I was digging her wallet out of her purse—she sounded like she wasn’t in deep sleep anymore\n\nLooking at the non-user-friendly, over-the head-of-a-7th-grader search results and shaking like a leaf because of the list above, I conceded and tiptoed to put my moms wallet back...\n\nI forgot about crypto until it was reintroduced to me December 2017…smh.I was so young at the time that I probably would have left what I purchased on the exchange and it would have gotten stolen anyway… or forgotten the password to whatever storage alternatives they had back then… but then again maybe not. Maybe I would have learned enough to keep what I purchased safe...\n\n\\sigh\\ this close 🤏\n\nNow that I am reflecting on this moment again, I think there is a strong possibility that that teacher is now a billionaire. Looking in hindsight, she seemed to know a lot about it for that time—and saw the value in it. That makes me feel better. Most of the kids at that school were very mean to her and would not listen to her. Wow, after many years of anguishly reflecting on my own brush with enormous wealth, this new thought I had while typing finally gives me a little peace about it. If she is, she deserves it!! She was treated so badly…\n\nMrs. Morales / former Mrs. Morales (I think she got divorced)—if you’re out there…and you find it in your heart… send a blessing my way please. Lol', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/', '1b55ivz', [['u/NotThisAgain21', 17, '2024-03-03 03:32', 'https://www.reddit.com/r/RandomThoughts/comments/1b55ivz/i_was_almost_a_billionaire_sigh/kt3dewf/', 'This is a cute post.', '1b55ivz']]], ['u/dyzo-blue', "Why do the Butters that come into this sub seem so angry? Aren't they all becoming filthy rich?", 219, '2024-03-03 03:16', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/', 'Screaming at us that we need to "learn the difference between creepto and Bitcoin!"\n\nOr telling us we must "read Saifedean Ammous, or just continue to be ignorant about economics!"\n\nOr "you guys will all have to buy bitcoin at the price you\'ll deserve!"\n\nNone of it seems very zen. If I was certain I was about to turn $10k into $10m, I think I\'d just chill and smile while my "investment" goes parabolic. \n\nWhy would I care if a bunch of randoms on reddit think I\'m dumb? Why would I be angry at them for missing out?', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/', '1b55qx2', [['u/GunNNife', 127, '2024-03-03 03:30', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3d6h3/', "Yeah, I don't get it either. They're all living their best lives riding the Bitcoin wave to a better tomorrow. Meanwhile we are weeping and gnashing our teeth whilst we seethe and cope. Why would they descend from their mansions to pick fights with us, the dumb-dumbs who missed out?", '1b55qx2'], ['u/Far_Breakfast_5808', 22, '2024-03-03 03:34', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3dq3m/', "I think BTC, and specifically the idea of HODLing and liking when number goes up, attracts the same kind of person who'd be assholes in real life. There's a reason why most BTC fans are libertarians, and why many of them are also gold standard supporters.", '1b55qx2'], ['u/Jojosbees', 82, '2024-03-03 03:36', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3dzy2/', 'We’re spreading FUD when they need the hype to pump their bags. If enough people stop believing in Bitcoin, then Bitcoin will become the price they deserve.', '1b55qx2'], ['u/Legendventure', 87, '2024-03-03 03:39', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3eh2k/', "Because they invested 500$ and saw line go up. They need line to go to moon to buy lambo from the initial 500$\n\n99% of the people who made money off bitcoin don't bother to post about it, its only the irrational idiots who aren't going to make bank get angry when they realize no lambo, no lording over people.\n\nI remember some dude saying that he's gonna be chilling on the beach handing out sat's as donations while sipping pina colada's. Dude was absolutely unhinged, I checked his profile out, he was posting heavily on the uber and postmates sub. That guy was not getting rich off bitcoin, he was fantasizing some scenario where bitcoins become the form of wealth and what meager amounts he bought would give him power over people. Just .. sad.", '1b55qx2'], ['u/robertjuh', 20, '2024-03-03 03:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3fruj/', 'Warning, they are morons', '1b55qx2'], ['u/Mysterious_Tip8793', 11, '2024-03-03 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3gdrh/', "They can't even convince themselves that they are making the right choices with BTC, so they need constant reassurance from other sources, or else their doubts will tear them.", '1b55qx2'], ['u/daniel_bran', 41, '2024-03-03 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ggvm/', 'but they just can’t seem to withdraw it from coinbase. Look at latest post from coinbase sub Reddit. The guy has 200K frozen and can’t take it out.', '1b55qx2'], ['u/UniqueID89', 16, '2024-03-03 03:57', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3gxhc/', 'Internet validation because they can’t get it anywhere else. “I was right in this one specific timeframe! Don’t y’all feel foolish now!?” No, no I don’t.', '1b55qx2'], ['u/BellacosePlayer', 32, '2024-03-03 03:58', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3h67a/', "you're telling me that putting my money on unaccountable shady exchanges that don't have to follow financial regulations... can have downsides?!", '1b55qx2'], ['u/VintageLunchMeat', 30, '2024-03-03 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3h8ta/', "Huh.\n\n---\n\nCoinbase Account Blocked With Over $200k Inside!\n\nSo I've found myself in the nightmare situation so many are talking about here. I've been a Coinbase customer since 2014, have over $200k in crypto in my CB account and I've been blocked since yesterday. No warning, zero communication, not even any reassurance that my crypto is safe.\n\nI have already submitted a support ticket, a formal complaint with support, and have tried to call their support phone line but I can't get through to a real human.\n\nAnyone else that's been through this - how long did it take you to regain access to your account and what was the resolution? The most frustrating thing is the lack of communication and timeline.\n\nI'm considering taking legal action now rather than waiting it out, as it seems there are people here who have been waiting 3+ months which is simply unacceptable to me with such a large amount of money. For those that got lawyers involved, did it speed up the process? I just don't want to end up in the same situation as many people here, waiting for months on end without any end in sight. Any advice would be greatly appreciated.", '1b55qx2'], ['u/SilentButDeadlySquid', 35, '2024-03-03 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ha0k/', 'I started, I think last week, saying I’m richer than I ever thought I would be and it pisses them off to no end. I had a guy DM just to call me a pedo over and over again.\n\nNotice I don’t say how rich that is (I have 0 lambos) nor do I expect anyone to believe it (nor care if they do). But the reaction has been interesting, I think because they believe such a thing is impossible without Butts.', '1b55qx2'], ['u/BellacosePlayer', 12, '2024-03-03 04:03', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3hr0v/', "They want validation.\n\nPersonally, I'd just be happy with the money.", '1b55qx2'], ['u/spookmann', 19, '2024-03-03 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3ic01/', "For them, it's not enough that they benefit from this chance to be rich.\n\nIt is also necessary that this opportunity will never be repeated, so that future generations are screwed.\n\nAnd finally, it's essential that those who weren't tempted by this gamble should be financially ruined, and that we be sorry for ever doubting them.", '1b55qx2'], ['u/strangeweather415', 57, '2024-03-03 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jdik/', 'It’s really fun to look through the profiles of these types, because the person you described is like 90% of them. It’s really, really funny when they also come here talking computer science and you find out they are in high school or think playing video games is equivalent to my 20 year career in software development. There has been exactly one boaster that has come here that showed me any real, respectable, proof of gains (even signed a message on-chain to prove it) but was still no where near my pretty weak 401k balance at the time.', '1b55qx2'], ['u/strangeweather415', 23, '2024-03-03 04:16', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jnpf/', 'It’s almost as if wildcat banking and trustless schemes are bad ideas. If only society had learned. Alas.', '1b55qx2'], ['u/strangeweather415', 14, '2024-03-03 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jvvj/', 'That is the most blatant sell signal on earth lmao.', '1b55qx2'], ['u/CryptoEmpathy7', 31, '2024-03-03 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3jx8j/', "LOL. It's in Coinbase's TOS that they can suspend, lock and freeze your account for any reason they decide. But hey what do we know?", '1b55qx2'], ['u/jmradus', 24, '2024-03-03 04:20', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3k78j/', 'Reminds me of when Peter Pan got a bunch of kids to clap and show they believe in fairies.', '1b55qx2'], ['u/uninhabited', 38, '2024-03-03 04:22', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3kfir/', "Well they're all HODLing so can't rub two quarters together. Actual fiat, the stuff you need to use to buy burger or godforbid there is a healthy butter out there - fruit and veggies, is stolen from their momma's purse while she's at church, panhandled outside of a Five Guys Burger joint or received from dear old uncle arnold for helping him unzip for a pee because of his 'alleged arthritis'", '1b55qx2'], ['u/jmradus', 22, '2024-03-03 04:23', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3kl2c/', 'When I was still talking to the only really pro-crypto person in my life he kept making statements (to me, who is gainfully employed…) about “what else am I going to do, work until I’m old!?” and I just genuinely don’t get why he thought I’d be sympathetic to that. Dickhead bought BTC pretty early because he was living literally with his mom, who was doing his laundry and waiting on him hand and foot, and collecting his dad’s social security check. Since then he’s had zero good luck or good ideas, why is that a sympathetic story?', '1b55qx2'], ['u/strangeweather415', 23, '2024-03-03 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3l9gm/', 'We aren’t the sub that stickies posts of suicide hotlines, and I have seen exactly no one crying about you doofuses handing shady people real money for magic internet money.', '1b55qx2'], ['u/DiveCat', 12, '2024-03-03 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3m7it/', 'It’s post after post of problems on that sub for the last few days of people locked out of their accounts, who have lost transactions, been charged larger fees, have accounts showing “0”. \n\nWhat a coincidence all these problems that would prevent someone cashing or transferring out started when BTC was starting pumping. 🤔', '1b55qx2'], ['u/VintageLunchMeat', 16, '2024-03-03 04:37', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3mfaq/', "Yes, but the terms of a contract or TOS don't protect against fraud charges or so on, if a judge buys your lawyer's arguments.\n\nSame with what might be in the fine print of a lease or fiat financial instrument.", '1b55qx2'], ['u/amprok', 16, '2024-03-03 04:42', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3n6eu/', 'Check out their profiles. They’re always awesome. Like I def want to take financial advice from these people.', '1b55qx2'], ['u/Bag_of_Meat13', 19, '2024-03-03 04:46', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nnfd/', "I get why. I used to fuck with this stuff and know guys who do.\n\nIt's as simple as they don't understand why number go up.\n\nAnd when they do...if they ever do....they pull the fuck out and never look back. \n\nThe ones who come here are kidding themselves that they've made an investment.\n\nThe ones who come here aren't honest about what it is to us or even themselves. And I would be too if I still had money in this dumb fake shit.", '1b55qx2'], ['u/CryptoEmpathy7', 14, '2024-03-03 04:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nww6/', '\n...but CryptoBros scream "not your keys not your wallets, never trust centralization" yet they keep $200K USD sitting on their CoinBase account which has an airtight TOS set to completely be against the customer. \n\nThey can cite whatever they want even the use of a VPN as being an attempt to defraud. All of the power is within CoinBase\'s hands. I\'m notating the juxtaposition of "never trust a bank," yet they keep hundreds of thousands on a crypto exchange? 🤣', '1b55qx2'], ['u/BarryTheBaptistAU', 14, '2024-03-03 04:48', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3nyvy/', 'There was one dude yesterday that was exploding at people\'s comments and he clearly had a case of \'roid rage or micro-penis....then went on to brag about having 100\'s of millions of "your useless fiat dollars".\n\nI would\'ve thought that even if he had a single million dollars of useless fiat, he\'d be out living life and enjoying the spoils of war, but chooses instead to hang around a Reddit sub and rage on literally everyone.\n\nTalk about a broken unit.', '1b55qx2'], ['u/daniel_bran', 10, '2024-03-03 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3qm1r/', 'Coinbase is insolvent that’s why', '1b55qx2'], ['u/Hyndis', 25, '2024-03-03 05:19', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3rvv5/', "> 99% of the people who made money off bitcoin don't bother to post about it\n\nThats because they already got rich and cashed out so they have no more need of greater fools.\n\nPonzi schemes actually do make some people extremely rich. The problem with Ponzi schemes is that by the time you hear about it, the core group is already established and is already getting rich from a rush of greater fools also wanting to be rich, so by the time you hear about it they're looking for more fools.\n\nThe reason why the people who joined later are so loud about it is that they're desperate to find enough fools to let them cash out, but the entire problem with Ponzi or pyramids schemes to begin with is that it doesn't scale beyond the first small group of people. They get rich. Everyone else gets hosed.", '1b55qx2'], ['u/sprcow', 28, '2024-03-03 05:21', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3s34u/', 'It\'s funny how, if you regularly take some money and put it into index funds or something, and also have a real job where you get paid enough money to meet expenses, you become at least a little richer every year. It\'s no moon, but that\'s definitely counterbalanced by the "not losing everything" aspect of it.', '1b55qx2'], ['u/strangeweather415', 15, '2024-03-03 05:23', 'https://www.reddit.com/r/Buttcoin/comments/1b55qx2/why_do_the_butters_that_come_into_this_sub_seem/kt3setv/', "That's a bold claim, and while I would laugh my ass off if it comes to be known as true, I am not prepared to speculate on their solvency. Coinbase has to file public documentation on their operations as a publicly traded company, and something like this would be a gigantic scandal that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen stuck near the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - eased 0.07% to 103.79 in early Asian trading, bringing it closer to the bottom of the 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.19% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s annual testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar declined 0.09% to 149.99 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nElsewhere, the euro was little changed at $1.08425, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nBitcoin was last trading about 1.5% higher from Sunday at $63,500, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)', '(Bloomberg) -- Apple Inc. was removed from Goldman Sachs Group Inc.’s list of top buys after underperformance in its stock amid concerns over weak demand for its key products.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe iPhone maker had ranked in the 20-25 member “Directors’ Cut” version of Goldman’s conviction list since it was unveiled last June. Its share price is little changed in that span while the S&P 500 Index has jumped almost 22%. Apple dropped 0.6% Friday after its removal from the list.\nApple has lagged its Magnificent 7 peers even more dramatically, trailing all but Tesla Inc. Concerns of a prolonged iPhone sales slump have been the main culprit, particularly as China’s economic troubles continue.\nGoldman said its Directors’ Cut list is reviewed monthly, with stocks being removed if they are “no longer a top investment idea”. Analyst Michael Ng maintains a buy rating on Apple on the belief that “the market’s focus on slower product revenue growth masks the strength of the Apple ecosystem and associated revenue durability & visibility,” the broker’s report said.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', '(Bloomberg) -- Prada SpA should confirm the resilience of demand for luxury brands in Asia when it reports earnings, shrugging off lukewarm consumer sentiment in China.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nJapan has been among the world’s strongest luxury markets as a weaker yen attracted tourists looking for bargains and domestic demand remained solid. Strong earnings at LVMH Moët Hennessy Louis Vuitton SE, Richemont and Hermes International SCA were all underpinned by growth in Japan. Luxury sales across Asia also held up, defying the sector-wide cyclical downturn as Chinese shoppers hold back and growth slows in other key markets.\nWhile affluent Asians ramped up spending, the broader population tightened purse strings, particularly in China. Online retailer JD.com Inc. may post its slowest annual revenue growth since at least 2015, Bloomberg’s estimates showed. Advertising revenue growth at Chinese online video platform Bilibili Inc. should also decelerate this year due to macroeconomic headwinds, said Alex Poon, an analyst at Morgan Stanley.\nJD.com responded to Alibaba Group Holding Ltd.’s price cuts in cloud computing services with its own sharp reductions, an aggressive round of competition that will erode profits at China’s leading technology companies.\nHighlights to look out for:\nWednesday: JD.com’s (JD US) slowing growth comes as economic headwinds in China, its biggest market, dent consumer sentiment. The company has said it’s considering making a bid for UK electronics retailer Currys Plc. A deal could bring some synergies as JD.com is also a major player in consumer electronics retail, analysts including HSBC’s Charlene Liu said.\n• SJM Holdings’ (880 HK) fourth-quarter revenue is estimated to surge more than fourfold. The casino operator will likely see annual Ebitda turn positive for the first time in four years as its Grand Lisboa Palace property in Macau attracts more traffic. Its gross gaming revenue for the quarter should outpace Macau’s casino industry on a sequential basis with Grand Lisboa Palace continuing to ramp up operations, said Bloomberg Intelligence analyst Angela Hanlee.\nThursday: Prada’s (1913 HK) annual earnings jumped, consensus shows, driven by growth in the Asia-Pacific region, particularly Japan, while Americas revenue probably slid. The main Prada brand remained steady, while Miu Miu likely grew the fastest. Analysts at Morningstar expect the company’s growth over the next decade to be driven by its brand strength, while rising global incomes buoy the luxury industry. Prada was ranked top of the Lyst Index of luxury’s hottest brands for the fourth quarter and was in the top four for the year, according to BI.\n• MTR’s (66 HK) transport operations revenue probably rose last year as railway services stabilize, though analysts at Jefferies said higher costs for hiring and utilities slowed segment recovery. The gloomy economic outlook in Hong Kong and China may weaken demand for its home projects and see more price cuts. Persistent rise in operating costs may also weigh on margin recovery, BI noted.\n• PLDT’s (TEL PM) full-year earnings were probably supported by the resilient fiber business and a stabilizing mobile market, BI said. The company’s efforts to lower operating costs which include manpower cuts may keep Ebitda margin at about 50%, it added.\n• Bilibili’s (BILI US) fourth-quarter loss is expected to have halved as the company expands its user base and boosts revenue. BI analysts Robert Lea and Jasmine Lyu expect Bilibili to maintain its position as the go-to platform for advertisers looking to reach China’s Gen Z, while Morgan Stanley expects slower growth in the year ahead due to macroeconomic headwinds. The company is expected to turn profitable in the last quarter of 2024.\n(Updates throughout.)\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It\'s up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week.\nThe rally has come in tandem with records tumbling on stock indexes from Japan\'s Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower.\n"In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets.\n"We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It\'s up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week.\nThe rally has come in tandem with records tumbling on stock indexes from Japan\'s Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower.\n"In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets.\n"We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)', 'Dogecoin (DOGE)has skyrocketed over 77% this week, riding a wave of positive sentiment across the cryptocurrency market. The recent rally coincides with increased DOGE accumulation among large investors, known as "whales."\nThe number of addresses holding over 100,000 DOGE hasrisensince January, while there\'s been a slight decrease in addresses holding over 1 million DOGE. This suggests that traders on exchanges, often represented by these larger addresses, are accumulating DOGE rather than actively trading it.\nFurthermore, Dogecoin\'s price surge aligns with historical trends observed before previous Bitcoin halvings. The upcoming halving, scheduled for April 19, 2024, could be driving interest in DOGE, as some traders seek alternative investments for potentially higher short-term gains in anticipation of the event and its impact on the broader market. This aligns with similar price increases observed before the previous two Bitcoin halvings, where DOGE rose 200% and 50% respectively.\nSimilar trends are playing out in other memecoins like Shiba Inu, Pepe, and Bonk, all demonstrating significant gains in the lead-up to the halving. This suggests a broader memecoin rally, possibly fueled by anticipation of increased market activity surrounding the Bitcoin halving.', "NEW YORK,March 4, 2024/PRNewswire/ --Cryptomeme coins prices are exploding: Pepe is up 325% over the past seven days, Dogwifhat 418%, Shiba Inu 128% and newcomerSmogup 118%.\nOverall the market capitalization of the meme coin sector has advanced 15% over the past 24 hours alone, to clock in at$46 billion.\nThere are no signs of the buying frenzy easing. Dogwifhat's price has risen 46% in the past 24 hours – that's indicative of the continuing allure ofSolanameme coins and augurs well for $SMOG. So too does the stellar performance of another newcomer, PepeSol, which has gained 1,075% in the past few hours.\nLike PepeSol, Smog is a SOL meme coin, which looks to be the blockchain the smart money is gravitating to in this red-hot market.\nWherebitcoingoes,altcoinwill follow by playing catch-up\nAltcoinseason is well and truly upon us and what market participants new to the game need to appreciate is that whenbitcoinraces towards a new all-time high at the speed it is currently doing, then it is catch-up time down below.\nThe place where buyers are doing most of the fishing to catch top ROI is among the alpha-rich meme coins.\nStill, there are at least two other factors in play that new coins likeSmoghave going for them that older meme coins don't.\nSolanameme coin dragon token $SMOG has the airdrop to beat them all, including Dogwifhat\nFirst, there is theSolanafactor. Despite teething problems with its blockchain, SOL is standing tall and attracting more and more activity, with meme coins the latest to jump on board.\nAccording toDappRadarSolanais the busiest blockchain in the past seven days when measured by transaction volume. It rang up 98 million transactions compared toEthereum's 1.2 million. By a country mile,Solanais a faster and cheaper Layer 1 to run on thanEthereum, and indeed many other so-calledEthereumkiller Layer 1s.\nSmog is making use ofSolanato build out its mysterious hidden community of dragon followers that it is growing through the gamification of its mega airdrop campaign. whichSolanaairdrop searchers can get involved in by buying Smog and heading over to its Zealy page.\nThe HOTTESTSolanaAirdrop Ever 🐲 Smog TokenCryptoReview\nSecondly, because$SMOGis such a new coin – only 25 days old – it has a much better chance of pulling in the new money because it has greater upside ROI potential than relative oldies such as Shiba Inu andDogecoin, and even the likes of Pepe.\nIn fact, Smog looks set to follow the trajectory ofSolanameme coin stablemate Dogwifhat, which has seen its price explode 11,000% and is on a parabolic run right now. Likewise, Smog is tracking an impressive path higher, up 7700% since launch onFebruary 7th.\nDebuting on DEXs at a low price of$0.001419, the dragon-themed meme coin is currently valued at$0.1178. The diluted market cap based on the circulating supply of 770 million is$90 million.\nAccording toDEXTools data, the Smog Token has attracted more than 39,500 holders, with liquidity in the Raydium pool surging to$2.18 million, making trading a seamless process.\nFueling the buying interest in $SMOG is the 35% of the 1.4 billion token supply that is being distributed to participants.\nNot surprisingly perhaps, in double-quick time the Smog community has grown toX/Twitteron31.3k,16500 onTelegram, and 8,504 on itsDiscordserver.\nThere are nowairdrop 14,000 airdrop members on Zealyavailing themselves of the opportunity to grab tokens by completing quests (tasks) to earn points for the upcoming $SMOG airdrop. The number of tasks completed is approaching half a million.\nParticipants have myriad ways to earn airdrop points. Sign up for theSmog Tokencommunity socials, trade $SMOG, embark on daily, weekly and monthly quests, write bullish comments on CoinMarketCap, and a smorgasbord of many other activities.\nSMOG on Zealy:https://zealy.io/cw/smogtokenairdrop/questboard\nAltcoins playing catch-up withbitcoinso there is plenty of headroom for $SMOG buyers\nA third incentive for buyers relates to thealtcoinseason.Bitcoindominance in the overallcryptomarket is still a relatively high 49.7%. That means there is a lot of catching up for altcoins to do, providing those entering the market at this point with the comfort of knowing there is plenty of headroom going forward.\nIf market participants are still looking for reasons to join the party, another string to the Smog bow provides a fourth reason to be cheerful – its multichain architecture.\nThrough the deployment ofWormholetechnology and the services ofPortalBridge.com, Smog became a cross-chain platform shortly after its launch ondecentralizedexchanges.\nFurthermore, not only has$SMOGcaught the eye ofcryptoaficionados for all of the reasons explored above, but it was also a fair launch. All the tokens were on sale to the general public, with no supply allocated to team-member insiders at preferential rates.\nAnother nice touch is the way the team is spreading the airdrop dragon vibe by targeting the wallets of high-value holders of other projects such as Bonk, Dogwifcoin, MYRO, and Samoyed coin, to the tune of$1,500.\nBuy and stake Smog OTC for 10% discount, 42%\xa0APY and more airdrop points\nFinally, market participants can buy and stake $SMOG over-the-counter (OTC) directly on theSmog website. Contributors receive a 10% discount, in addition to earning an annual percentage yield (APY) of 42% and more airdrop points.\nAlthough $SMOG is a multichain coin that exists as bothSolanaandEthereum-based versions, staking is with the ERC20Ethereum-compliant version of the token.\nTo participate in theSmog ecosystemrequires the use of aSolana-compatible wallet such as Phantom.\nUsing SOL, USDT, or BONK tokens, users can swap forSMOGvia theJupiter DEXaggregator orBirdeye. Alternatively, buy and stake $SMOG on theEthereumnetwork at the project website –smogtoken.com.\nJoin the Smog community onX (Twitter),Discord, andTelegramto keep up to date with the latest news and updates.\nTheBitcoinprice is printing$62,825at the time of writing, and meme coins are on a tear. Against this portentous background, $SMOG is shining bright as theSolanaecosystem flashes green.\nContacts:Gary McFarlane,[email protected],\nPhoto:https://mma.prnewswire.com/media/2353165/smog_token_airdrop.jpg\nView original content to download multimedia:https://www.prnewswire.com/news-releases/crypto-meme-coin-prices-surge-dogwifhat-explodes-418-and-smog-sol-token-pumps-112-302078063.html\nSOURCE SMOG Token", '(Updates prices as of 0530 GMT; Adds additional analyst comments)\nBy Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted within a tight range on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen fluctuated around the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - was little changed at 103.85 as of 0530 GMT, oscillating narrowly in the bottom half of it 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.2% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar added 0.1% to 150.28 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nPolicy makers have repeatedly stressed the need to see continued wage growth, and the outcome of crucial spring salary negotiations will be known on March 13 for Japan\'s biggest firms.\n"The March meeting is live," said Shoki Omori, chief Japan desk strategist at Mizuho Securities.\n"I wouldn\'t say (a rate hike) is probable, but the BOJ is more flexible now" on the timing of an exit from stimulus, he said.\n"Shunto results are likely to come out on the better side, and if the U.S. data is strong, it\'s really good timing for them just to move ahead."\nElsewhere, the euro was little changed at $1.08435, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nSterling rose 0.08% to $1.2663.\nBitcoin was last trading about 1.2% higher from Sunday at $63,350, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise came in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds after their approval earlier this year.\n"When I look at the Bitcoin futures chart, I see a tired market that doesn\'t quite have the willpower to reach for 69k right now," said Matt Simpson, senior market analyst at City Index.\n"I\'m not saying this is a market to short, but I would be wary going long at these highs."\n(Reporting by Kevin Buckland; Additional reporting by Ankur Banerjee; Editing by Jacqueline Wong and Michael Perry)', '(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. rose to its highest-ever level, tracking a global rally in chip stocks fueled by optimism about artificial intelligence.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe world’s top chip foundry jumped 5.2% to close at NT$725 in Taipei on Monday, a record since its stock listing in 1994. The surge lifted its market capitalization to $597 billion, one step closer to reclaiming a spot in the world’s 10 most-valuable companies.\nRead: TSMC Close to Rejoining World’s 10 Biggest Stocks Amid AI Rally\nTSMC has soared over 22% so far this year, helping the local benchmark Taiex Index also reach a record high. The main supplier to Apple Inc. and Nvidia Corp. is considered a key beneficiary of the ongoing AI boom, with its executives expecting a return to solid growth this quarter amid signs of a demand recovery. Nvidia’s upbeat results last month further cemented investor optimism about the sector.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', "The property market is in focus today after Nationwide reported the first rise in prices in over a year and Rightmove posted annual results.\nOther companies reporting today include coursework publisher Pearson, while ITV has sold its 50% stake in BritBox to BBC Studios for £255 million.\nMeanwhile, European stock markets are higher after Wall Street trading was lifted by hopes for a summer cut in US interest rates.\nFriday 1 March 2024 12:53,Simon Hunt\nMidway through the day’s trading session in London, Pearson is one of the biggest risers, with the education giant’s share price up almost 4% on the back of its improved profitability.\nOnline grocery store Ocado is the FTSE 100’s biggest loser, reversing yesterday’s gains, amid reports its low-cost rival istaking on hundreds more delivery driversto claw market share.\nMeanwhile, Bitcoin continues its strong rally, and is now on the cusp of breaking its all-time high.\nHere’s a look at your key market data this afternoon.\nFriday 1 March 2024 12:13,Simon Hunt\nMarks & Spencerhas won the right to demolish one of its flagship stores on Oxford Street after aHigh Courtjudge ruled the Government made a series of blunders while trying to block the plans.\nThe retail giant wants to flatten\xa0and\xa0rebuild its store at Orchard House, near Marble Arch, to make way for a new nine-storey building that would include retail space, a cafe, a gym\xa0and\xa0an office.\nLevelling Up SecretaryMichael Goveintervened to block the plans, arguing the building should be refurbished rather than demolished\xa0and\xa0that demolition would negatively impact nearby heritage assets including the Grade II* listed Selfridges store directly opposite.\nHowever High Court judge Mrs Justice Lieven ruled on Friday in favour of Marks & Spencer, delivering a damning judgment that the Government had misunderstood planning policies and made a series of flawed or unexplained decisions.\nRead more here\nFriday 1 March 2024 10:31,Michael Hunter\nShares in Rightmove, one of the UK’s biggest property websites, were under pressure today after it predicted a fall in customer numbers.\nIt said “customer numbers are likely to drop slightly” in 2024 “given the ongoing uncertainty in the macro environment”.\nTraffic for 2023 fell, by almost a billion minutes spent on the site, which is often the first step taken by many buyers towards home ownership, as the 2023 housing market slowdown took hold.\n“Consumers visited the Rightmove platform over 2.2 billion times during 2023 (2022: 2.3 billion) and spent over 15.4 billion minutes searching and researching properties (2022: 16.3 billion).\xa0 The reduction in both visits and time since 2022 reflects the more challenging market during 2023, however both metrics are well above pre-pandemic level.”\nThe company’s profit for the year rose 7% to £265 million from revenue of £363 million, up 10%.\nIt said it would accelerate its move into “strategic growth areas”, including “\xa0commercial real estate, rental services and mortgage lead generation.”\nRightmove’s stock fell 17p to 549p, a drop of 3%.\nFriday 1 March 2024 10:08,Graeme Evans\nITV jumped 14% or 8p to 63.9p following this morning’s deal to offload its entire stake in streaming service BritBox International for £255 million.\nThe operation has about 3.2 million subscribers, having launched in North America in 2017 as a joint venture between ITV and the BBC.\nITV intends to return the proceeds to shareholders through a share buyback, which it expects to launch after next Thursday’s full year results.\nThe sale lifted ITV’s valuation to its highest of this year and came during a strong session for the FTSE 250 index, which added 0.6% or 110.15 points to 19,165.02.\nThe market mood was helped by Wall Street’s optimism of US interest rate cuts by the summer and the resilience of monthly figures from Europe’s manufacturing sector.\nThe FTSE 100 index barely moved in February but started the new month on the front foot after a rise of 0.7% or 56.51 points to 7686.53.\nCoursework publisher Pearson led the top flight, up 51.4p to its highest level in a decade at 1012p after new boss Omar Abbosh included a fresh £200 million share buyback alongside 31% rise in operating profits to £573 million.\nHe said Pearson had a stable platform for continued growth “that can benefit from the inflection point we see with the development of AI”.\nFriday 1 March 2024 08:26,Graeme Evans\nITV shares have jumped 14% or 7.7p to 63.7p after the broadcaster sold its entire 50% interest in digital subscription streaming service BritBox International to BBC Studios for £255 million.\nChief executive Carolyn McCall said the move will enable ITV to focus on its core strategic goals of continuing to build on ITVX's success and growing ITV Studios.\nITV intends to return the proceeds to shareholders through a share buyback, which it expects to launch after next Thursday’s full year results.\nToday’s other big movers included coursework publisher Pearson, with the FTSE 100-listed stock up 3% or 32.8p to 993.4p following its annual results.\nFigures by Rightmove and the engineering firm IMI sent their shares 10p lower at 556.6p and down 42p to 1691p at the bottom of the FTSE 100.\nLondon’s top flight benefited from strong trading on Wall Street and in Asia to post a rise of 46.45 points to 7676.47. The FTSE 250 index lifted 103.02 points to 19,157.89.\nFriday 1 March 2024 08:18,Simon Hunt\nShares in FSTE 100 education giant Pearson rose 3.6% after markets opened to 995p after the firm reported a rise in profitability.\nRevenues at the firm fell to £3.67 billion from £3.84 billion, led by a drop in sales in its virtual learning division.\nPearson’s new CEO, Omar Abbosh, told reporters he would “leave no stone unturned” to seek new avenues for growth and said he was exploring licensing deals with major AI companies over its intellectual property.\nHe said he had yet to have conversations with shareholders about the merits of switching primary listing from London to New York but added he was open to shareholder suggestions.\nFriday 1 March 2024 07:22,Graeme Evans\nThe S&P 500 index is within sight of another milestone after reassuring PCE inflation figures helped the US benchmark to advance 0.5% to a fresh all-time high.\nAnother positive session today would mark 16 out of 18 positive weeks for the first time since 1971.\nMagnificent Seven stocks including Nvidia and Amazon dominated yesterday’s trading after the latest US data raised Wall Street hopes of a summer cut in interest rates.\nThe Nasdaq Composite lifted 0.9% to set a record high, a performance in contrast to London after the FTSE 100 index closed five points ahead and unchanged for February.\nAccording to IG Index, futures markets are pointing to a rise of 50 points to 7680 at the start of today’s session.\nThe Nikkei 225 led a robust performance for Asia markets, with the Tokyo benchmark up 1.9% and the Hang Seng index ahead 0.4% after China’s manufacturing sector figures beat forecasts.\nFriday 1 March 2024 07:07,Michael Hunter\nUK house prices are rising again for the first time in over a year according to an influential survey from the UK’s biggest mutually owned mortgage lender.\nThe Nationwide building society revealed a 1.2% year-on-year rise in house prices in February, the first increase since January 2023. The month-on-month rise was 0.7%\nA slowdown in the housing market during 2023 has been one of the main talking points in the sector. It came as the Bank of England fought runaway inflation with 14 consecutive rate rises, which took interest rates to a 16-year peak of 5.25% by August.\nThe next move from monetary policymakers is expected to be a cut, later this year. But worries that wholesale financial markets have moved too far in factoring one in have pushed the interest rates offered on mortgages higher in the last two weeks.\nFebruary’s rebound compares with a 0.2% drop year-on-year in the previous set of data.\nHouse prices remain around 3% under the record levels seen in the summer of 2022.\nAnd even after the February uptick, Nationwide’s chief economist, Robert Gardner pointed out that “industry data sources point to a noticeable increase in mortgage applications at the start of the year, while surveyors also reported a rise in new buyer enquiries.”\nHe also said: “Industry data sources point to a noticeable increase in mortgage applications at the start of the year, while surveyors also reported a rise in new buyer enquiries.”\nNonetheless, attention remains firmly on the latest trends in mortgage rates being offered to house hunters.\n“Borrowing costs remain well below the highs recorded last summer but, if the recent upward trend is sustained, it threatens to restrain the pace of any housing market recovery,” said Gardner.\nThursday 29 February 2024 23:34,Simon Hunt\nGood morning from the Standard City desk.\nA succession of Conservative Chancellors - and there have been a few - have literally written London out of the script over recent Budgets and other set piece fiscal events.\nIn Jeremy Hunt’s Autumn Statement speech last November the capital got just a single mention - a throwaway reference to a small pot of money being shared with Leeds and Cambridge to unblock planning delays.\nThe truth is that ever since the 2019 election win - delivered to Boris Johnson by the Brexit voting former Red Wall voters of the likes of Bolsover, Wakefield, and yes, Tony Blair’s former redoubt of Sedgefield - London has become the-city-that-must-not-be-named in the highest echelons of Government.\nPolitically it is easy to understand why. There is almost nothing left for the Tories, particularly in central London, where gloomy activists expect to lose almost every seat in the General Election.\nEconomically it makes far less sense. In a depressing era of low growth and productivity, London stands head and shoulders above the rest of the country. Output per hour is 30% higher in London than the UK average, and London’s half a trillion pound economy - more than the GDP or Belgium or Argentina - will grow at a forecast average of 1.5% over the next decade. Not good enough, but a long way ahead of any other region.\nIf the UK is ever to find a way out of the economic morass it is stuck in the escape will be led by London.\nHere’s a summary of our top headlines from yesterday:\n• LSEG boss sees “encouraging IPO pipeline”after dismal period for flotations as he urges more UK pension funs investment in UK equities\n• BA’s owner IAG makes record Euros3.5 billion profitas leisure passengers flock back to the skies. BA lands Euros1.4 billion operating profit\n• Ocado narrows losses to\xa0 £403 million as rival Iceland recruits 250 new delivery drivers\n• Hammerson says city centres recovering\n• Schroders profits slump by £100m to £487m in what CEO Peter Harrison calls “one of the most challenging years for global active asset managers in recent times”.", '\nUK Blue chip stock lag EU peers: https://reut.rs/49uznej\n\nNikkei clears 40,000, S&P 500 futures flat\n\nFed\'s Powell, ECB meeting to help refine rate outlooks\n\nU.S. Feb payrolls, China stimulus measures in focus\n\nOil prices up as OPEC+ extends output cuts\n(Adds quote in paragraph 5, updates prices throughout)\nBy Nell Mackenzie and Wayne Cole\nLONDON/SYDNEY, March 4 (Reuters) - World shares tipped higher Monday as a mixed European open could not dispel enthusiasm over record heights reached by Japan\'s Nikkei and as investors braced for a week packed with central bank events and major data that could refine market wagers.\nFederal Reserve Chair Jerome Powell testifies before lawmakers on Wednesday and Thursday, though analysts assume he will stay in wait-and-see mode on policy given recent upside surprises on inflation that have helped temper market rate cut bets.\nThe February payrolls report on Friday could also shift the calculus with forecasts favouring a still-solid rise of 200,000 after January\'s barnstorming 353,000 jump.\n"We are still in an environment of economic improvement. Friday\'s U.S. employment data will tell us a lot about where we are in terms of wage inflation and consumer resilience," said Lilian Chovin, head of asset allocation at the British private bank, Coutts.\n"It will also inform on whether the current narrative is sustainable."\nIn Europe, a UK budget on Wednesday is followed by the European Central Bank\'s latest policy meeting on Thursday. The ECB is considered certain to keep rates at 4.0%, but also lower its outlook for inflation in a nod to eventual cuts.\nEurope\'s broadest index of stocks and the German DAX steadied while the French and UK markets slipped 0.2% and 0.3%, respectively by 0905 GMT.\nOther events of note this week include U.S. President Joe Biden\'s State of the Union address on Thursday, the Super Tuesday U.S. primaries and China\'s National People\'s Congress (NPC) meeting starting on Tuesday which might flag new stimulus measures.\nChinese blue chips were largely flat awaiting some concrete news on any measures.\nThe Bank of Canada also meets this week and the expectation is they stay on hold, with a first cut seen in June or later.\nNIKKEI HEADS NORTH\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, after snapping a five-week winning streak with a slight drop last week.\nJapan\'s Nikkei climbed 0.5% to break 40,000 for the first time, having risen for five weeks straight. Tech darling Tokyo Electron has surged over 50% since the start of the year.\nAn upbeat report on fourth quarter capex out Monday suggested GDP could be revised to positive from negative, meaning Japan was not in recession after all. That added to speculation a strong wage round could lead the Bank of Japan to end negative rates in April.\nS&P 500 futures and Nasdaq futures were trading near flat, having made record closing highs on Friday on upbeat earnings and enthusiasm for all things AI.\nBofA analyst Savita Subramanian now sees the S&P 500 pushing on to 5,400, thanks to solid earnings, though there is a risk of a correction given how far the market has come.\n"The era of lower quality growth where cheap capital and globalization contributed to margins is over," says Subramanian. "Now it\'s time for sustainable efficiency and productivity gains supported by automation and AI."\nIn currency markets, the dollar steadied after some soft U.S. economic data, while the yen firmed ahead of Tokyo consumer price data on Tuesday that is expected to show inflation sprang higher in February.\nThe dollar stood at 150.40 yen, creeping towards last week\'s peak of 150.85. The euro lay flat at $1.0845 after bouncing from a low of $1.0796 last week.\nBitcoin meanwhile scaled a two-year high, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nThe U.S. data surprise had helped gold to a two-month top and the metal was last trading steady at $2,083 an ounce.\nOil prices firmed after OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter.\nBrent rose 42 cents to $83.97 a barrel, while U.S. crude gained 34 cents to $80.31 per barrel.\n(Reporting by Nell Mackenzie and Wayne Cole; Editing by Shri Navaratnam, Christian Schmollinger and Susan Fenton)', '• The average BTC acquisition cost of most addresses is less than the cryptocurrency\'s going market rate.\n• The surge in the so-called "in the money" addresses has bullish implications.\nBitcoin\'s {{BTC}} recent bullish momentum has most bitcoin-holding blockchain addresses sitting on unrealized gains on their investments.\nMore than 97% of BTC addresses are now "in the money," according to data tracked by analytics firm IntoTheBlock. That\'s the highest proportion since November 2021, when the largest cryptocurrency by market value hit a record high around $69,000.\nAn address is said to be in the money when BTC\'s going market rate is above the address\' average BTC acquisition cost. In other words, most holders acquired their BTC below the cryptocurrency\'s current price ofabout $65,000.\nThe data has bullish implications for the market, according to IntoTheBlock.\n"Given the substantial percentage of addresses in profit, the selling pressure from users attempting to break even no longer has a significant effect," IntoTheBlock said in a newsletter published Friday, when BTC traded near $62,000.\n"For newcomers entering the market to purchase coins, they are essentially buying from existing users who are already realizing a profit," IntoTheBlock said.\nBitcoin has risen 54% this year, extending 2022\'s 154% gain, mainly due to strong inflows into the U.S.-based spot exchange-traded funds approved in January. Wall Street\'s embrace of the spot ETFshas skeweddemand-supply dynamics in favor of the bulls, opening the doors for a rally that could propel it toward a new record high. The CoinDesk 20 Index, a gauge of the broader crypto market, hasrisen 37.8%this year.', '• The average BTC acquisition cost of most addresses is less than the cryptocurrency\'s going market rate.\n• The surge in the so-called "in the money" addresses has bullish implications.\nBitcoin\'s {{BTC}} recent bullish momentum has most bitcoin-holding blockchain addresses sitting on unrealized gains on their investments.\nMore than 97% of BTC addresses are now "in the money," according to data tracked by analytics firm IntoTheBlock. That\'s the highest proportion since November 2021, when the largest cryptocurrency by market value hit a record high around $69,000.\nAn address is said to be in the money when BTC\'s going market rate is above the address\' average BTC acquisition cost. In other words, most holders acquired their BTC below the cryptocurrency\'s current price ofabout $65,000.\nThe data has bullish implications for the market, according to IntoTheBlock.\n"Given the substantial percentage of addresses in profit, the selling pressure from users attempting to break even no longer has a significant effect," IntoTheBlock said in a newsletter published Friday, when BTC traded near $62,000.\n"For newcomers entering the market to purchase coins, they are essentially buying from existing users who are already realizing a profit," IntoTheBlock said.\nBitcoin has risen 54% this year, extending 2022\'s 154% gain, mainly due to strong inflows into the U.S.-based spot exchange-traded funds approved in January. Wall Street\'s embrace of the spot ETFshas skeweddemand-supply dynamics in favor of the bulls, opening the doors for a rally that could propel it toward a new record high. The CoinDesk 20 Index, a gauge of the broader crypto market, hasrisen 37.8%this year.', '(Updates to 0910 GMT, recasts with European open)\nBy Kevin Buckland and Alun John\nTOKYO/LONDON, March 4 (Reuters) - The U.S. dollar weakened slightly on Monday, at the start of an action-packed week for markets with Britain\'s budget, a European Central Bank meeting, U.S. jobs data and important political moments in both China and the U.S. all due.\nEyes were also on Bitcoin, which rose to a more than two-year peak above $64,000 after a quiet weekend, pushed higher in recent weeks by big flows into cryptocurrency exchange-traded funds, above all in the United States.\nThe euro was a fraction firmer at $1.08455, sterling was up 0.13% at $1.2670 and the Japanese yen fluctuated around the closely watched 150 per dollar level. The dollar was last up 0.17% at 150.39 yen.\nThat left the dollar index - which measures the currency against six major peers - flat at 103.78, oscillating narrowly in the bottom half of its 103.43-104.97 range of the past month.\n"It\'s going to be a busy week ahead for \'event risk\' in the U.S. and Europe, which could certainly trigger some pick up in volatility from the current very low levels," said Lee Hardman, senior currency analyst at MUFG.\nHe added there were reasons why the major events could, in isolation, each leave markets unmoved.\nIn the United States, Federal Reserve Chair Jerome Powell testifies before lawmakers on Wednesday and Thursday, and then there is U.S payrolls data on Friday, with forecasts pointing to a still-solid rise of 200,000 after January\'s barnstorming 353,000 jump.\nThis week also sees \'Super Tuesday\' for the U.S. presidential primaries.\n"Payrolls could be the bigger mover as Powell is likely comfortable with current market pricing for Fed cuts, while if we get another strong payrolls after the last blowout report that could affect market expectations (for Fed policy)," Hardman said.\nAt the start of 2024, markets were pricing in substantial interest rate cuts early this year, but traders have since reduced such bets.\nPricing in derivatives markets now reflect expectations the first Fed cut will come in June, with three to four 25 basis point cuts this year, not far from the Fed\'s projections published in December.\nAs expectations for other central banks, notably the European Central Bank and Bank of England, have moved in near lockstep, currency volatility - partly dependent on changing interest rate differentials - has been strikingly low, and is at its lowest level since the start of the war in Ukraine.\nThe British budget is due on Wednesday, and Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts. The European Central Bank meets on Thursday.\nMost ECB policymakers have been cautious about suggesting that they will be cutting interest rates soon.\nHardman said last week\'s stronger-than-expected euro zone inflation data meant the ECB would be unlikely to say anything at this week\'s meeting to cause markets to bring forward expectations of the first rate cut, currently seen in June.\nThe Swiss franc strengthened a touch after Swiss February inflation came in a fraction higher than expected at 1.2% compared to the previous year, though still lower than January\'s level and well within the Swiss National Bank\'s 0-2% target range.\nThe currency gave back some of those knee-jerk gains and versus the franc, the dollar was down 0.07% at 0.8824 francs and the euro dipped 0.06% to 0.9566.\nThe Australian dollar was down 0.15% at $0.6516 with traders awaiting local GDP data Wednesday. China\'s annual parliament meeting begins Tuesday, at which authorities will announce the GDP goal and are expected to unveil moderate economic stimulus plans.\n(Reporting by Kevin Buckland in Tokyo and Alun John in London; Additional reporting by Ankur Banerjee; Editing by Michael Perry and Bernadette Baum)', 'Bitcoin\'s recent rally has sparked renewed warnings from Chinese state media about the risks of investing in cryptocurrencies, as interest around digital assets remains strong in the country despite a sweeping ban on crypto mining and trading.\nA rebound in bitcoin prices cannot "hide" the underlying risks of the digital asset, state-owned newspaper Economic Daily said on Sunday.\nWild fluctuations in bitcoin value remain the norm, and cryptocurrencies have yet to enter the mainstream, the article said, adding that regulatory scrutiny of the market remains tight. Investors should maintain a "clear and rational" mindset, it said.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nThe caution comes after the world\'s largest and most valuable cryptocurrency gained nearly 45 per cent in February, reaching its highest level since November 2021.\nThe advance was fuelled by the launch ofspot bitcoin exchange-traded funds in the United Statesin January, as well as bitcoin\'s next "halving" event expected in April, which will cut the reward for mining new bitcoin by half and slow its release into the market.\nThe combination of factors sent bitcoin\'s value to over US$62,500 last Wednesday. And despite a mild drop since then, the Last 60 Days of Bitcoin's Closing Prices:* [44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-04 Financial & Commodity Data: - Gold Closing Price: $2117.70 - Crude Oil Closing Price: $78.74 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,277,514,620,800 - Hash Rate: 508849652.0134983 - Transaction Count: 361258.0 - Unique Addresses: 664743.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. spot Bitcoin exchange-traded funds (ETFs)appear to be on the verge of receiving a final decision, with exchanges filing amended documents suggesting they could expect approval from the U.S. Securities and Exchange Commission (SEC) in the coming days. The amended 19b-4 filings, filed on behalf of BlackRock, Grayscale, Fidelity, and other issuers, join last month's amended S-1 filings, addressing feedback from the SEC. More than a dozen applicants hope to launch the first spot Bitcoin ETFs in the U.S., and it is likely that multiple issuers will be approved simultaneously. Speculation ran high on a potential January 5 decisionby the SEC turned out to be just rumors. However, the SEC is likely to announce the decision before the final deadline for Ark Invest & 21 Shares’ application on January 10, suggesting the regulator may approve all of the final applications it is comfortable with by that date. Grayscale spokeswoman Jenn Rosenthal said in a statement that the filing "is another important step towards uplisting GBTC as a spot Bitcoin ETF." GBTC is Grayscale's Bitcoin trust that it wants to turn into an ETF. Earlier Friday, Bloombergreportedthat the SEC's commissioners were "expected to vote on the exchange-rule filings next week." The SEC needs to approve both the 19b-4 filings and the S-1 filings before the ETFs can launch. The SEC has been considering applications for spot Bitcoin ETFs for several years, but has yet to approve any. The agency has expressed concerns about the volatility of Bitcoin and the potential for manipulation in the spot Bitcoin market. Let us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing\'s plans to support the economy as its week-long annual session of parliament, the National People\'s Congress, got underway.\nEquities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,650.87 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover at that level in the latest session.\nJapan\'s Nikkei slid 0.59% after reaching a fresh peak on Monday, while MSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.4%.\nChinese blue chips lost 0.2%, and Hong Kong\'s Hang Seng slumped 1.3%.\n"China is aiming to lower their fiscal budget to 3% GDP, from a gap of around 3.8% in 2023, suggesting large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making and the announcements so far seem to conform to that philosophy."\nMeanwhile, alternative assets like cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there is no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, was last flat at 103.83. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.08525, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget.\nAgainst the yen, the dollar eased 0.07% to 150.41, giving up a little of Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2 1/2-week lows overnight to sit at 4.217% in Asian time on Tuesday.\nElsewhere, crude oil continued to tick lower on Tuesday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 11 cents to $82.69 a barrel, while U.S. West Texas Intermediate (WTI) eased 19 cents to $78.55 a barrel.\n(Reporting by Kevin Buckland. Editing by Sam Holmes.)', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '(Updates prices as of 0230 GMT)\nBy Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as Beijing did not unveil large stimulus plans to support the economy at the start of its week-long annual session of parliament, the National People\'s Congress.\nEquities markets in the region were already on the back foot following a retreat from record highs on Wall Street on Monday, on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,828 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover near that level.\nThe Chinese government retained last year\'s target for economic growth of "around 5%" for this year, and announced plans to run a budget deficit of 3% of economic output, down from a revised 3.8% last year.\nIt also unveiled plans to issue 1 trillion yuan ($139 billion) in special ultra-long term treasury bonds, which are not included in the budget.\nEarly announcements from the NPC suggest "large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making, and the announcements so far seem to conform to that philosophy."\nThe Shanghai Composite Index was trading flat after recovering early losses, but Hong Kong\'s Hang Seng deepened early declines to slump 2.4%.\nJapan\'s Nikkei slid 0.42% after reaching a fresh peak on Monday.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.7%.\nMeanwhile, alternative assets such as cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there was no urgency to cut interest rates amid the risk inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, edged up 0.02% to 103.86. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.0850, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday. Traders are convinced it will keep rates steady at the meeting, but futures imply an 88% probability that cuts will start in June.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget. Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts.\nAgainst the yen, the dollar was stable at 150.465, following Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2-1/2-week lows overnight to sit at 4.22%.\nElsewhere, crude oil continued to tick lower, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 10 cents to $82.70 a barrel, while U.S. West Texas Intermediate (WTI) eased 17 cents to $78.57 a barrel. ($1 = 7.1975 Chinese yuan)\n(Reporting by Kevin Buckland; Editing by Sam Holmes and Jacqueline Wong)', "Dogecoin (DOGE), the leading memecoin in terms of market capitalization, has skyrocketed 95% in the past week. However, this surge has also coincided with a record-breaking $1.4 billion in open interest on Dogecoin futures, raising concerns about excessive optimism among traders.\nSome analysts believe that Dogecoin is a crucial player in altcoin bull runs, citing its historical performance and position as a top-10 cryptocurrency by market capitalization. Additionally, technical analysts point to similarities between the current price action and past periods of explosive growth for DOGE.\nHowever, the unprecedented level of open interest in Dogecoin futures suggests excessive leverage as traders speculate on potential drastic price movement, as similar situations in the past have been followed by high volatility.\nAnalyzing the perpetual funding rate, a key indicator of leverage demand, reveals that DOGE futures are currently experiencing their highest funding rate in over 18 months. While this suggests bullish sentiment, it's important to note that this metric alone doesn't necessarily signify an unhealthy market. Furthermore, other major cryptocurrencies like Bitcoin and Solana are also experiencing elevated funding rates.", "Taiwan's financial regulator, the Financial Supervisory Commission (FSC), is taking a two-pronged approach to cryptocurrencies: stricter regulations and potential approval for spot Bitcoin exchange-traded funds (ETFs).\nIn September 2024, the FSC plans to propose a new draft of digital asset regulations aimed at bolstering investor protection and overseeing the industry more effectively. This initiative comes amidst concerns regarding the growing connection between digital assets and the traditional financial system, ashighlightedby FSC chairman Huang Tien-mu. Huang also warned investors about potential fraud and emphasized that the new regulations will come with harsh penalties for fraudulent practices.\nHowever, Taiwan isn't solely focusing on tightening the reins. The Chamber of Commerce is releasing a study on spot Bitcoin ETFs in April, suggesting a potential future for these investment products within the country's regulated framework. While welcoming the possibility of domestic spot Bitcoin ETFs, the FSC advises caution against investing in foreign crypto-based products due to regulatory uncertainties.\nTaiwan's commitment to fostering a responsible crypto environment is further evidenced by regulations implemented in September 2023. These regulations require foreign cryptocurrency service providers to obtain approval before operating within the country and were established in collaboration with a newly formed self-regulatory association of major Taiwanese crypto exchanges.", "Taiwan's financial regulator, the Financial Supervisory Commission (FSC), is taking a two-pronged approach to cryptocurrencies: stricter regulations and potential approval for spot Bitcoin exchange-traded funds (ETFs).\nIn September 2024, the FSC plans to propose a new draft of digital asset regulations aimed at bolstering investor protection and overseeing the industry more effectively. This initiative comes amidst concerns regarding the growing connection between digital assets and the traditional financial system, ashighlightedby FSC chairman Huang Tien-mu. Huang also warned investors about potential fraud and emphasized that the new regulations will come with harsh penalties for fraudulent practices.\nHowever, Taiwan isn't solely focusing on tightening the reins. The Chamber of Commerce is releasing a study on spot Bitcoin ETFs in April, suggesting a potential future for these investment products within the country's regulated framework. While welcoming the possibility of domestic spot Bitcoin ETFs, the FSC advises caution against investing in foreign crypto-based products due to regulatory uncertainties.\nTaiwan's commitment to fostering a responsible crypto environment is further evidenced by regulations implemented in September 2023. These regulations require foreign cryptocurrency service providers to obtain approval before operating within the country and were established in collaboration with a newly formed self-regulatory association of major Taiwanese crypto exchanges.", '• Stocks ended mixed on Monday as investors looked ahead to Jerome Powell\'s testimony this week.\n• Fed policy will also be informed by the latest jobs data, set for release on Friday.\n• Nvidia and Super Micro Computer rose over 3% and 19% on Monday.\nUS stocks were mixed on Monday, with limited upside for the S&P 500 and Nasdaq. It\'s a marked slowdown from last week\'s record-setting rally, as investors hold back ahead of key central bank commentary.\nFederal Reserve Chairman Jerome Powell is set to testify before Congress on Wednesday and Thursday. Though markets still expect interest rate cuts tostart in June, his comments could clarify where monetary policy is headed.\n"While a lot of economists are expecting Chair Powell to reiterate many of his comments that he made at the end of the January Fed meeting, there\'s always the potential some surprises which could lead to some volatility," Commonwealth Financial Network Director of Fixed Income Sam Millete said.\nAlongside Powell, this week will also feature other Fed speakers. That includes Philadelphia Fed President Tom Harker on Monday and presidents Neel Kashkari and Loretta Mester later in the week.\nPolicy will further be informed by the upcoming February nonfarm payrolls report, scheduled for release on Friday. Estimates are for 210,000 jobs gained last month, compared to 353,000 in January.\nWhile broader market moves were muted on Monday, tech stocks continued their upswing. ChipmakersNvidiaandSuper Micro Computerled with gains of over 3% and 19%, respectively.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500: 5,130.95, down 0.12%\n• Dow Jones Industrial Average: 38,989.83, down 0.25% (-97.55 points)\n• Nasdaq Composite: 16,207.51, down 0.41%\nHere\'s what else is going on:\n• Bitcoin is rocketing towards its all-time high.Here\'s a breakdownof what\'s behind the surge.\n• The next CPI report couldtrigger the next big sell-off,Fundstrat said.\n• A CryptoPunk NFT justsold for around $16 million.\n• Belief that theAI industry will stay unregulated is fueling the tech rally, Ken Rogoff wrote.\n• Apple\'s stock shed after the EU issued it a$2 billion antitrust fine.\n• The biggestmarket risk is an economy that won\'t slow down, Nouriel Roubini says.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatedropped 1.5% to $78.78 a barrel.Brent crude, the international benchmark, fell 0.85% to $82.84 a barrel.\n• Goldrose 1.4% to $2,125.90 per ounce.\n• The10-year Treasury yieldclimbed three basis points to 4.217%.\n• Bitcoingained 7% to $67,583.\nRead the original article onBusiness Insider', '(Our regular analysis of the wild world of cryptocurrencies)\nBy Jihoon Lee and Jaspreet Kalra\nSEOUL/MUMBAI, March 5 (Reuters) - Bitcoin\'s runaway rally is being driven by investors in Asia.\nTraders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block.\nAsia accounted for $791 billion of the $1.17 trillion worth of bitcoin traded in February, with North American investors lagging way behind with $113 billion, broadly reflecting a trend seen since November, the data shows.\nIn China, FOMO has gripped many small investors frustrated with an anaemic stock market. On popular messaging app WeChat, searches for "bitcoin" jumped 12-fold in February.\n"I want to buy some bitcoin at a good price and hold," Mia Wang, a finance industry employee based in China\'s eastern province of Zhejiang, told Reuters. "It has jumped a lot and is expensive now, but I worry it won\'t have any correction."\nBitcoin is trading at around $65,000 - close to its record of $69,000 - after an eye-popping 148% rise since early October, primarily driven by U.S. regulators approving spot bitcoin exchange-traded funds (ETFs). BlackRock\'s iShares bitcoin trust has been a major beneficiary of such investment flows.\nTraders have also poured into the world\'s biggest cryptocurrency ahead of April\'s "halving" event, which could reduce supply and push prices up. Supply of bitcoin is limited to 21 million, of which 19 million tokens have already been mined.\nThe legality of trading and owning of bitcoin varies across Asian jurisdictions, ranging from Japan which has comparatively liberal regulations to China where there\'s a ban. Spot bitcoin ETFs are banned in South Korea, but local brokers offer easy access to bitcoin futures ETFs.\nKOREA GOES BIG ON BITCOIN\nSouth Korea commands a 10% share of the bitcoin cash tokens and listed futures markets, estimates Hong Song-uk, a cryptocurrency analyst at NH Investment & Securities.\nSouth Koreans have made a net investment of $23.4 million in the U.S.-listed 2X Bitcoin Strategy ETF this year, compared with $25.1 million in all of 2023, according to the Korea Securities Depository. In February, they also invested $6.89 million in Proshares Bitcoin Strategy ETF.\n"Because trading of bitcoin ETFs has been banned here, more and more Koreans are buying bitcoin ETF futures, which is helping with its pop now," said Hong.\nBitcoin trading volumes on Upbit roughly trebled to 67,000 coins last week versus the previous week, the South Korean exchange said.\nYet U.S.-based exchanges such as Coinbase, Bitstamp and Binance, which operate in some Asian markets, continue to have the biggest share of global volumes at 50%, according to research firm Kaiko.\nHong Kong has decriminalised crypto trading over the past year, while allowing bitcoin ATMs and shops to cater to small investors and even offshore Chinese financial institutions.\nThe city\'s largest bitcoin futures ETF, managed by CSOP Asset Management, has seen its assets under management swell five-fold in the past five months to over $100 million.\nThere is also huge interest in India, where several local crypto exchanges operate legally, but more trading is done on offshore exchanges such as Binance and KuCoin which do not levy the 1% transaction monitoring tax that local operators do.\nBetween July 2022 and July 2023, Indians traded crypto worth 350,000 crore rupees via offshore crypto platforms, accounting for more than 90% of the total crypto trading volume by Indians, according to estimates from the Esya Centre, a local think-tank.\n(Reporting by Jaspreet Kalra, Lisa Pauline Mattackal, Summer Zhen, Jason Xue, Cynthia Kim and Jihoon Lee; Graphics by Vineet Sachdev; Writing by Vidya Ranganathan; Editing by Pravin Char)', '(Updates prices as of 0600 GMT)\nBy Kevin Buckland\nTOKYO, March 5 (Reuters) - Most Asian stocks slid on Tuesday, led by sharp declines in Hong Kong as the start of China\'s week-long annual session of parliament disappointed investors with its lack of big ticket stimulus plans to prop up the struggling economy.\nEquity markets in the region were already on the back foot following a retreat from record highs on Wall Street on Monday, amid signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower, as did European futures.\nBitcoin continued its ascent to a fresh two-year peak of $68,828 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover around that level.\nThe Chinese government retained last year\'s target for economic growth of "around 5%" for this year, and announced plans to run a budget deficit of 3% of economic output, down from a revised 3.8% last year.\nIt also unveiled plans to issue 1 trillion yuan ($139 billion) in special ultra-long term treasury bonds, which are not included in the budget.\nMainland stocks reversed early losses with the blue-chip CSI 300 up about 0.45% by 0600 GMT, amid signs of suspected state-backed buying of some exchange-traded funds.\nHowever, that failed to lift other markets in the region with Hong Kong\'s Hang Seng deepening earlier declines to 2.67%. MSCI\'s broadest index of Asia-Pacific shares outside Japan lost 1%.\nThe early announcements from China\'s NPC suggest "large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making, and the announcements so far seem to conform to that philosophy."\nJapan\'s Nikkei erased early losses in the afternoon session, but ended the day slightly down to miss out on a new record high close.\nMeanwhile, alternative assets such as cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there was no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, edged up 0.02% to 103.86. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was flat at $1.0852, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday. Traders are convinced it will keep rates steady at the meeting, but futures imply an 88% probability that cuts will start in June.\nSterling was little changed at $1.2685, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget. Finance Minister Jeremy Hunt has been trying to dampen speculation about big pre-election tax cuts.\nAgainst the yen, the dollar was steady at 150.49, following Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2-1/2-week lows overnight to sit at 4.21%.\nElsewhere, crude oil continued to tick lower, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 17 cents to $82.63 a barrel, while U.S. West Texas Intermediate (WTI) eased 25 cents to $78.49 a barrel.\n($1 = 7.1975 yuan)\n(Reporting by Kevin Buckland; Editing by Sam Holmes and Jacqueline Wong)', '• Deribit DVOL index, a measure of expected price volatility over the next 30 days, has surged to an annualized 76%, the highest since November 2022.\n• The surging volatility has some traders “overwriting calls” to generate additional income.\n• Deribit registers decent trading activity in bitcoin calls at strikes as high as $200,000.\nCrypto exchange Deribit’s bitcoin volatility index,DVOL, a measure of how much market participants believe prices will move over the next 30 days, has surged. The jump is good news for bitcoin {{BTC}} holders looking to generate additional income from the options market.\nThe 30-day implied volatility index has risen from an annualized 41% to 76% in one month, reaching the highest since November 2022, per charting platform TradingView.\nA rise in implied volatility positively impacts the prices of options or derivative contracts that give the purchaser the right to buy or sell the underlying asset later. A call gives the right to buy, while a put confers the right to sell.\nThe greater the volatility, the higher the option premium. Thus, elevated implied volatility often has savvy investors “overwrite” or sell call options to generate additional income on top of their spot market holdings. It is one of the mostpopular strategiesin the stock market. The calls are usually sold at levels higher than the underlying asset’s going market rate.\nThe money received as compensation for selling a call or insurance against price rallies is retained if the underlying asset never rises above the strike level at which the call has been sold. The premium represents the additional yield on top of the spot market investment. If the underlying asset’s price exceeds the strike price, the investor must sell the stock while still pocketing the premium received for selling the call. (Traders with no spot market holdings can sell calls, too, but that’s a risky strategy with limited gain and scope for a considerable loss.)\nThe latest surge in the DVOL seems to have revived interest in overwriting calls.\nEarlier on Tuesday, someone sold 250 contracts of $75,000 call options expiring in December, according to Deribit’s Asia business development personnel Lin Chen. The seller received a premium of $4.258 million. On Deribit, one options contract represents 1 BTC.\n“The seller probably has a large stock of BTC in hand and can directly lock in the profit from the selling price of $75,000,” Chen explained.\nOverall activity on Deribit, which accounts for 85% of the global crypto options market, has picked up, with bitcoin surging 58% this year to trade within striking distance from its record highs near $69,000.\nThe combined notional open interest in crypto futures and options segments has surged to a record high of $32 billion, according to data tracked by Laevitas. The options segment accounts for nearly $30 billion of the total tally.\nRecently, the exchange has seen decent trading activity in calls at strikes as high as $200,000. Some expertsforeseebitcoin’s ongoing bullish trend to peak at around $200,000 by September 2024.\n“High strikes are being requested for longer expiries but even for March. There is decent trading in the $200,000 calls in June, Sep and Dec expiries,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk.\n“The ETF-triggered hype is no longer just about BTC passing $100,000, but now even $200,000,” Strijers said.', '• Deribit DVOL index, a measure of expected price volatility over the next 30 days, has surged to an annualized 76%, the highest since November 2022.\n• The surging volatility has some traders “overwriting calls” to generate additional income.\n• Deribit registers decent trading activity in bitcoin calls at strikes as high as $200,000.\nCrypto exchange Deribit’s bitcoin volatility index,DVOL, a measure of how much market participants believe prices will move over the next 30 days, has surged. The jump is good news for bitcoin {{BTC}} holders looking to generate additional income from the options market.\nThe 30-day implied volatility index has risen from an annualized 41% to 76% in one month, reaching the highest since November 2022, per charting platform TradingView.\nA rise in implied volatility positively impacts the prices of options or derivative contracts that give the purchaser the right to buy or sell the underlying asset later. A call gives the right to buy, while a put confers the right to sell.\nThe greater the volatility, the higher the option premium. Thus, elevated implied volatility often has savvy investors “overwrite” or sell call options to generate additional income on top of their spot market holdings. It is one of the mostpopular strategiesin the stock market. The calls are usually sold at levels higher than the underlying asset’s going market rate.\nThe money received as compensation for selling a call or insurance against price rallies is retained if the underlying asset never rises above the strike level at which the call has been sold. The premium represents the additional yield on top of the spot market investment. If the underlying asset’s price exceeds the strike price, the investor must sell the stock while still pocketing the premium received for selling the call. (Traders with no spot market holdings can sell calls, too, but that’s a risky strategy with limited gain and scope for a considerable loss.)\nThe latest surge in the DVOL seems to have revived interest in overwriting calls.\nEarlier on Tuesday, someone sold 250 contracts of $75,000 call options expiring in December, according to Deribit’s Asia business development personnel Lin Chen. The seller received a premium of $4.258 million. On Deribit, one options contract represents 1 BTC.\n“The seller probably has a large stock of BTC in hand and can directly lock in the profit from the selling price of $75,000,” Chen explained.\nOverall activity on Deribit, which accounts for 85% of the global crypto options market, has picked up, with bitcoin surging 58% this year to trade within striking distance from its record highs near $69,000.\nThe combined notional open interest in crypto futures and options segments has surged to a record high of $32 billion, according to data tracked by Laevitas. The options segment accounts for nearly $30 billion of the total tally.\nRecently, the exchange has seen decent trading activity in calls at strikes as high as $200,000. Some expertsforeseebitcoin’s ongoing bullish trend to peak at around $200,000 by September 2024.\n“High strikes are being requested for longer expiries but even for March. There is decent trading in the $200,000 calls in June, Sep and Dec expiries,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk.\n“The ETF-triggered hype is no longer just about BTC passing $100,000, but now even $200,000,” Strijers said.', 'Ethena Labs launches the second epoch of their Shard program, raising the caps forUSDeliquidity poolsand introducing new integrations.Solana’s MarginFi drops their yield-bearingstablecoin, YBX, collateralized by SOLliquid staking tokens. Finally, controversialL2,Blast, is finally live, allowing users tobridgein and interact with applications on the chain.\nTotal Value Locked(TVL) across all chains show no signs of slowing the ascent of the last three weeks, with TVL increase accelerating this week due to the largebullishmove in the markets after theBitcoin ETFssee several days of record inflows. Notable outperformers includeBitcoin, after new inflows from campaigns launched by Bitcoin L2s, Merlin and B2 Buzz, and Coinbase L2,Base, which saw inflows after renewed interest on the chain.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the market heats up, Shoal Research shares their watchlist and the sectors that they are focusing on going into the bull cycle as well as the projects in these sectors:\n• Restaking\n• Solana\n• Decentralized Social Media\n• Intents\n• Telegram Bots\n• Alt L1s\n• AI\n• Modularity\n• Rollups-as-a-Serivce\nEthereumtopdecentralized exchange(DEX),Uniswap, introducesLimit Orders, now live in the Uniswap app. In the same week, they also announcedtheir upcoming wallet extension, the Uniswap Extension, which opens in the browser’s sidebar as opposed to as a popup.\nStablecoin protocol, Ethena, kicks off Epoch 2 of their Shard Campaign, raising caps forsDAIandGHOliquidity pool, USDe lock caps and adding support for depositors of USDe with yield derivative platform,Pendle.\nOther Product Launches and Updates\n• Multi-chainDEX,PancakeSwap, proposes an affiliate program, allowing new DEXs toforktheir code. Holders of theCAKEtoken will benefit from receiving native tokens of successful forks.\n• DeFi suite,Frax Finance, proposes to reintroduce a revenue share for veFXS stakers again, inspired by the recent proposal for revenue share by the Uniswap team.Frax Financerevenue is currently stored in their treasury.\n• Leverageprotocol,Gearbox Protocol, now supports Renzo for leveraged liquid restaking, enabling depositors to earn more points inEigenLayerand Renzo. The strategy currently also yields 2x the usual Renzo points for depositors.\n• Prisma Finance launches new collateral options for ULTRA, their liquid restaking token backed stablecoin. These options include EtherFi’sweETH, Renzo’sezETHand KelpDAO’srsETH.\n• Ethereum privacy layer,Railgun, unveils Railgun Connect, a browser extension designed to easily offer privacy to any user on any DeFi app, without the need for integration from the app.\n• Real-world assettrading platform,Ondo Finance, introduces Ondo Global Markets, a platform which seeks to bring all publicly traded securitieson-chain, while having access to the liquidity from traditional exchanges such as the Nasdaq or the NYSE.\n• Cross-chaininteroperabilitylayer,Wormhole, releases Native Token Transfers (NTT), a flexible and compossable framework to enable the transfer of native tokens across chains without affecting their intrinsic properties. This framework enables integration with any kind oftoken standard, opening the door to a myriad of possibilities.\n• F(x) Protocol releases fxUSD, a stablecoin collateralized by ETH, ETH liquid staking tokens and stablecoins. Users can now deposit supported assets to mint fxUSD. Incentives have also gone live as of 29th February to support the launch.\nThe Blast L2 goes live, unlocking the close to 2 billion in assets that had been locked up during their initialairdropcampaign. Users can now bridge to the chain from a variety of source chains and interact with more than 30 applications that are already live.\nBridging protocol,Synapse, launches thetestnetfor the Synapse Interchain Network and the Synapse Chain. The Synapse Interchain Network is an optimisticproof-of-stakenetwork while the Synapse chain is anOptimistic rollupbased on theOPStack.\nOther Product Launches and Updates\n• Multi-chain spot andperpetualsDEX,GMX, release some of their ideas for 2024, teasing multiple potential ideas for future protocol expansion, including their own native bridge, a PvPautomated market maker(AMM) and aGMXchain.\n• Perpetual andoptionsDEX,Aevo, releases AGP 1.5, an updated proposal to AGP 1 to postpone theirtoken generation event(TGE) to mid March and a reduction of the staking period for sAEVO to 2 months to coincide with the migration fromRBNto AEVO in May.\nMoney marketplatform, MarginFi, introduces YBX, a yield bearing stablecoin backed by SOL liquid staking derivative tokens. The starting supported collateral will includeJitoSOL,mSOL,bSOLand MarginFi’s own LST.\nSolana decentralized infrastructure platform, io.net, launches the Ignition Program, a series of Galxe quests which will lead up to the IO token airdrop, which is expected to be later in the year.\nSolana-based real estate perpetual trading platform, Parcl, announced their upcoming token launch in April, with a planned 7-8% of the token supply to be airdropped to users who have participated in the point campaign.\nETH liquid restaking protocol, KelpDAO, launches the KEP token for claiming. KEP is a representation of EigenLayer points earned by KelpDAO and can be freely traded currently.\nPerpetuals DEX, Aark Digital, announces their upcoming token airdrop, which will go out toTIAandPYTHstakers,JUPholders, and Aark users. Eligible users will have to participate in their Moon Festival, opening 4th March to receive their airdrop.\nInnovative DEX, Ambient Finance, announces the launch of the Ambient Points Season 1, rewarding users with points that are distributed weekly. Retroactive points will also be awarded during Season 1.\nGambleFi platform, Shuffle, announces that their airdrop will finally go live on Monday, 4th March, after 12 months of being live, to reward the users who have supported them.\nJD points out the irony of having a full-blownmemecoinrally weeks after we legitimized the crypto industry with the Bitcoin ETF approvals.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', "Interoperability in\xa0Velo: To Infinity and Beyond\nBANGKOK,March 5, 2024/CNW/ -- As new\xa0blockchains and blockchain-based platforms emerge, it's crucial for these ecosystems to be interconnected, enabling users to seamlessly transfer their assets without complications. Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.\nA significant update within Universe is its support for multiple wallet addresses on a single platform, catering to users who possess multiple wallets across different platforms. This feature is essential for managing diverse assets conveniently.\nFurthermore, Universe is integrating multi-chain login and registration support for networks such asSolanaand Tron, thereby improving Velo's accessibility and usability. Efforts are in place to refactor the user database and management code, ensuring a smooth and secure experience.\nVelo is advancing its blockchain integration by incorporating theSolanaand Tron networks, aiming to offer enhanced deposit and withdrawal functionalities to enrich its ecosystem. This initiative involves deployingSolanaand Tron chain-node and full-node functionalities, thereby broadening the network's diversity and user options. Additionally, Universe is introducing a dedicated user interface (UI) forSolanatransactions, encompassing deposit-withdrawal and account management across Webplus and mobile platforms, ensuring a seamless user experience.\nThis streamlined approach guarantees that Velo's users have comprehensive and intuitive access to a broader range of transaction options, significantly boosting the platform's utility and user engagement.\nThe integration with the Lightning Network marks a significant advancement in improvingBitcointransactions. By implementing Lightning chain-node and deploying a BTC full-node, Orbit aims to streamlineBitcoindeposits and withdrawals, making them faster and more cost-efficient.\nVelo's dedication to ensuring inclusivity and connectivity with other blockchains is evident through the concrete steps it has taken. With aggressive strides towards unlocking the full potential of the Velo Protocol, Velo is poised for significant growth and innovation.\nAboutVelo Labs\nVelo Labsis a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyondSoutheast Asiaand the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network and Lightnet, our licensed settlement partner, position us as a global heavyweight.Velo Labsoffers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.\nFollow us for more info:Twitter/Telegram/Website\nView original content:https://www.prnewswire.com/news-releases/velo-is-enhancing-its-own-ecosystem-through-interoperability-302079526.html\nSOURCE Velo Labs Technology Ltd.\nView original content:http://www.newswire.ca/en/releases/archive/March2024/05/c6257.html", "In case you haven't heard, crypto is back. Continuing its impressive 2023 run, crypto hasn't missed a beat in 2024 and the crypto market has collectively jumped by 35% to start off the new year. By most accounts, this upcoming year could be one of those historical periods when many cryptocurrencies soar to new all-time highs and records are broken as the asset class finds its digital footing in the world of finance.\nFor investors looking to ride the waves of momentum that can produce monumental crypto gains, here are three cryptocurrencies to add to your wish list for March.\nWe can't talk about crypto without mentioningBitcoin(CRYPTO: BTC). It is not only the world's first cryptocurrency, but also the most valuable. In fact, it accounts for more than half of the value in the entire class of digital assets.\nThanks to a recent jump, Bitcoin's total market cap surpassed $1.3 trillion. At the time of publishing, the leading crypto stands a mere 1% shy of its previous all-time high of around $68,800. Even though it's within striking distance of previous records, the cryptocurrency should still be on investors' radar. Many indicators and data points suggest that the crypto bull market hasyet to hit a peak, meaning Bitcoin is in a position to notch a new all-time high.\nFurthermore, since Bitcoin makes up the overwhelming majority of value in crypto, it offers investors a simple and straightforward strategy to gain exposure to the best quality the cryptocurrency sector has to offer. Rather than combing through the thousands ofaltcoinsthat typically trade in a correlated fashion to Bitcoin, investors can save themselves the hassle by just sticking with the original name in this explosive market.\nThe second to make the list of cryptocurrencies to buy in March isEthereum(CRYPTO: ETH). When it launched in 2015, Ethereum's smart contracts essentially made it the first programmable cryptocurrency. As a result, developers could build applications that have become commonplace in today's digital economy, such as non-fungible tokens (NFTs), auto-correcting stablecoins, and decentralized exchanges, just to name a few.\nWhile subsequent blockchains followed Ethereum with their own smart contract functionality, Ethereum's first-mover advantage has given it a considerable lead. Similar to how Bitcoin makes up the bulk of value in crypto, Ethereum constitutes the majority of value in decentralized finance (DeFi).\nAs of March 3, Ethereum's blockchain was home to more than 60% of the total value in DeFi. The next closest isTron, an upstart with just 10%.\nBy owning Ethereum, investors gain exposure to one of the most popular and utilized blockchains in the world. While there are some hopeful competitors looking to unseat Ethereum as the leading DeFi blockchain, these attempts look futile so far.\nOut of those hopeful competitors looking to challenge Ethereum isSolana(CRYPTO: SOL)-- and it's making a good run. While there is still considerable difference separating the two, Solana has risen to become what could be argued to be the most likely candid Last 60 Days of Bitcoin's Closing Prices: [44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-05 Financial & Commodity Data: - Gold Closing Price: $2133.50 - Crude Oil Closing Price: $78.15 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,318,976,210,250 - Hash Rate: 658743347.9554589 - Transaction Count: 424347.0 - Unique Addresses: 772888.0 Social & AI Sentiment: - Fear & Greed Index: 0.90 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Aurubis AG is preparing to terminate the contract of its chief executive and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout Stocks Rise as Wall Street Builds on Record Highs: Markets Wrap The companys supervisory board is in advanced talks with Chief Executive Officer Roland Harings, Chief Financial Officer Rainer Verhoeven and Chief Operating Officer Heiko Arnold about ending their contracts, the company said on Monday. It may also appoint Markus Kramer from the supervisory board to the executive board, it said. The move follows Aurubiss decision to carry out an independent legal probe into a criminal scam that cost the copper producer about 169 million ($184 million) last year. The company warned in December that it may make executive changes once the review was concluded. The supervisory board will meet to discuss and resolve its plans on Tuesday, Aurubis said. Aurubiss shares fell 4.2% in Frankfurt trading. Aurubis sent shockwaves through the European copper industry in August when it said it had been hit by a sophisticated scam perpetrated by suppliers and complicit employees. The fraud which involved valuable scrap raw materials followed on from a smaller theft discovered a few months earlier, and raised uncomfortable questions about the companys security controls. Harings and other executives have also faced scrutiny following the death of three workers after a nitrogen leak at its Hamburg plant. The CEO said in October that it had overhauled its processes to ensure that it would be difficult if not impossible for such a fraud to occur again. Read More: Aurubis Says Criminals Have New Abilities to Target Metals World Story continues Harings joined Aurubis in 2019 after the company terminated the contract of its former CEO Juergen Schachler due to cost over-runs at a major new smelting project. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japans Market Roars Back to LifeWith Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Tight-Direction1605', "PSA: A message to all those of you who're planning to sell in anticipation of a pre-halving dip", 390, '2024-03-05 00:05', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', "Don't do it. Don't let your hardwork go to waste. We didn't have the ETFs before, it's a whole new world now. MicroStrategy, that holds $10B+ of Bitcoins, just buys and holds so why would you assume yourself to be smarter than them. Just don't do anything that you'll regret later. PSA Over.", 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', '1b6p7ap', [['u/DesignerAstronaut975', 67, '2024-03-05 00:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbev8/', 'Bears will get fucked in this market. Don’t get fucked.', '1b6p7ap'], ['u/Illustrious_Plate610', 127, '2024-03-05 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbkor/', 'Some people buy a house from their profits. Let’s just say: don’t sell even one part of a bitcoin more than you really need to. Say no to Consumer sell outs.', '1b6p7ap'], ['u/BluexxMan', 19, '2024-03-05 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbw24/', 'Guys, seriously, make your money and walk away. Most of us are broke and have been for a while. Let this money change your life.', '1b6p7ap'], ['u/Illustrious_Plate610', 73, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc60q/', 'Maybe because they hold it since 2015 and made already a lot profit to improve their life', '1b6p7ap'], ['u/Tight-Direction1605', 27, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc63f/', 'I feel so annoyed when I read people giving out wisdom about how the price is going to dip below $40,000 as it always dips before the halving and they intend to sell and buy some at the dip. I mean, god, just HODL.', '1b6p7ap'], ['u/DesignerAstronaut975', 13, '2024-03-05 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktddukd/', 'The worst is they suck noobs in and the poor folks get totally screwed.', '1b6p7ap'], ['u/omg_its_dan', 15, '2024-03-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdgi3p/', 'Bitcoin is the money. I have no interest in evaporating USD that’s completely controlled by our corrupt government.', '1b6p7ap'], ['u/FFMooch', 196, '2024-03-05 00:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdh7sa/', 'I can NOT understand how ANYONE is selling at this point. ETFs are clearly not priced in. Halvening is COMING and we have data to prove its importance. And finally, MORE institutional money will land at the end of the year with the tax changes hitting. Its literally a perfect storm and the charts are completely blown up. Just embrace this ONCE IN A LIFE TIME RIDE.', '1b6p7ap'], ['u/Tyson8765', 102, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjcdz/', 'I have enough to pay off my entire mortgage. Wife asked when will I cash out told her I went from 69-16 to this I ain’t selling shit. This is generational wealth and hedge against fiat/inflation.', '1b6p7ap'], ['u/UrethreaFranklin1', 49, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjg5q/', 'Oh I am 100% selling a portion of these gains to pay off mortgages and get the wife a new car.. \n\nI won’t sell all of it but will sell 10-12%..\n\nAnd when it dips again in the next cycle I’ll buy more :) \n\nCongrats everyone that held the last 3 years. We made it. In the green', '1b6p7ap'], ['u/Tight-Direction1605', 20, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjgh2/', "That's the way to go.", '1b6p7ap'], ['u/SpaceToadD', 12, '2024-03-05 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjjix/', 'The smartest people in the room are all accumulating right now. Don’t be the idiot. I’m not the smartest person in the room but I sure as shit won’t do whatever the idiots are doing. Buy and HODL!!!', '1b6p7ap'], ['u/Ynvictus', 54, '2024-03-05 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdkia9/', 'How so? Buying at $19000 and seeing it go up at $69000 and then back down to $19000 did nothing for me.\n\nThis time my profits actually exist.', '1b6p7ap'], ['u/isu_asenjo', 16, '2024-03-05 01:14', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdmhfh/', 'Jesuss how much do you have that 10% is a mortgage + new car lol', '1b6p7ap'], ['u/UrethreaFranklin1', 28, '2024-03-05 01:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdn017/', 'Enough to pay off mortgages and get a new car. 😉', '1b6p7ap'], ['u/SouthTippBass', 20, '2024-03-05 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdosv6/', 'Once in a life time, until 2028!', '1b6p7ap'], ['u/WhaleFactory', 23, '2024-03-05 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdp002/', 'I am dry aging my orange coin. I need to keep buying to have a variety of vintages. Can’t sell them because the oldest vintage is not even close to ripe yet. \n\nOne day, long from now, I will crack open one my finely aged orange coins. From it, abundance.\n\nGood things come to those who wait.', '1b6p7ap'], ['u/DashRift', 21, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpdwi/', 'I’ve 4x what I put in, It feels ridiculous to not sell (using DCA) to safely recoup my initial investment.', '1b6p7ap'], ['u/LiveDirtyEatClean', 14, '2024-03-05 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpjre/', "I'm only selling in the 200,000s for a house", '1b6p7ap'], ['u/us3rnamecheck5out', 14, '2024-03-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdqcuy/', 'The Fed is also cutting interest rates. Low interest environment has been a huge contributing factor to BTC growth. I find mind blowing that we have reached these prices in the most restrictive monetary environment of the last quarter century. Once the fed starts easing, risk assets will get a huge boost.\xa0', '1b6p7ap'], ['u/ElderBlade', 59, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktds4t5/', "A lot of these sellers don't even know what the halving is.", '1b6p7ap'], ['u/LiveDirtyEatClean', 59, '2024-03-05 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdsi64/', 'Because life is short and time is the most valuable resource', '1b6p7ap'], ['u/korean_kracka', 14, '2024-03-05 02:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdwjuu/', 'Trying to time a pullback at this point is so fckn risky.', '1b6p7ap'], ['u/analogOnly', 14, '2024-03-05 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdx0or/', "No, they are referring to the ETFs and now the halving in close proximity. That's not happening again.", '1b6p7ap'], ['u/International-Map-66', 12, '2024-03-05 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte3g8h/', 'I sold this week enough to cover my initial investment capital. I was buying a good amount under 20k. I got burned in 21 not taking huge gains to cover investment at least. Wasn’t doing that again', '1b6p7ap'], ['u/Citizen_Kano', 14, '2024-03-05 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte412c/', 'ETFs are priced in. ETF inflows are not', '1b6p7ap'], ['u/Unusual_Platypus5050', 14, '2024-03-05 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte6kda/', 'Because it can just as easily be half as much a year from now…', '1b6p7ap'], ['u/Tyson8765', 15, '2024-03-05 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte8dp8/', 'If I was at retirement age it would cross my mind. But currently with a 3% mortgage and in a forever home already. Simply no reason to do it our income is plenty for our lifestyle. All these gains is for the future', '1b6p7ap'], ['u/ElderBlade', 39, '2024-03-05 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecgaw/', "The halving is part of Bitcoin's mathematical supply issuance. Every 210k blocks (approximately 4 years), the block reward is cut in HALF. \n\nCurrent reward is 6.25 btc per block = 900 coins per day, which will drop to 450 per day this April, less than 50 days from now. \n\nAfter the halving event, the price goes parabolic from supply shock and peaks 12-18 months afterward, historically. \n\nPlan accordingly.", '1b6p7ap'], ['u/davebobn', 10, '2024-03-05 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecute/', "Bingo! Was going to ask what your rate was. I'm in the same boat. I'd love to payoff a huge chunk, but at 2.875% for 27 more years there's no reason I'd be losing money.", '1b6p7ap'], ['u/bigheader03', 29, '2024-03-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktedhbu/', 'I\'m always amazed and impressed when I see people respond intelligently to "What\'s halving?" \nBless people like yourself for taking the time to respond in a manner where people will actually understand. I just hope the people who ask actually read these types of responses. \nWishing you all the best for being a good person!', '1b6p7ap'], ['u/Sufficient_Cattle_39', 19, '2024-03-05 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktei1qd/', "A lot of them don't know what it's like to be in the green! I held since '21 and it is tempting to sell for me, so I imagine it is for others in my shoes as well.", '1b6p7ap'], ['u/karma_hit_my_dogma', 17, '2024-03-05 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktejwxq/', 'Right here. First time green in a looooonng time, I ain’t sellin.', '1b6p7ap'], ['u/tablepennywad', 10, '2024-03-05 05:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktel9hj/', 'A lot of bitcoin is pure history. It is hard to teach the nuances to those who have not been in it. Like how the internet developed. The young have no idea of aol, the old days of usenet, chat, muds, foundational stuff.', '1b6p7ap'], ['u/boomerangchampion', 16, '2024-03-05 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kteywx8/', "But I can't live in a Bitcoin", '1b6p7ap'], ['u/tbkrida', 15, '2024-03-05 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktf6biw/', 'I first bought at $24k, rode it all the way up to $69k, back down to $15k(doubled my stack at $16.4k), now up to $68k. Not even considering selling anytime soon. I may sell about 10% when I feel we’re near the blowoff top next year, but I also may decide not to….', '1b6p7ap']]], ['u/PussyBreath007', 'JASMY is not run by legitimate people.', 29, '2024-03-05 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/', 'This company is run by absolute scumbags without a shred of honor. These are not your romanticized, honorable Japanese running this company. These are illegitimate scammers. Kunitake Ando. Kazumasa Sato. Hiroshi Harada. Tadashi Morita. Takashi Hagiwara. Deadbeat scum. All of em\n\nThey diluted the fuck out of JASMY holders during the last bull run at every turn. Now that the coin is fully diluted, they are claiming they will “lock up” coins starting in April. Yeah, okay. These scumbags aren’t locking up shit. They can no longer dilute so now they are just going to create crazy selling pressure by dumping their holdings at every pump. JASMY will not hit $1. It will not hit $0.50. It will not hit $0.10. It will not hit $0.05. It will not hit $0.03. I suggest you don’t invest another cent into this scumbag company. They call themselves the “Bitcoin of Japan” LOLOL. Your average Japanese citizen has absolutely no idea what JASMY is. If they did know, they’d realize it’s a useless crypto speculative asset with no real use case and no real team behind it. Don’t support these crooks by investing in JASMY. Invest your hard-earned money elsewhere. \n\nJASMY will not prove me wrong. They will prove me right very shortly. I suggest you don’t wait to find out. This coin will crash in the very near term. Good luck.', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/', '1b6pckv', [['u/HSuke', 22, '2024-03-05 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktddcn3/', "98% price decline in the 4 months after launch, and it has traded sideways since then with negligible volume. This looks worse than ICP's price chart.\n\nWhoever thought crypto users selling their personal data as a service was a good idea and had a marketplace?", '1b6pckv'], ['u/nana_04', 20, '2024-03-05 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktdl237/', "I don't know about you...but this post sound like you probably had JASMY coins in the past and sold cheaply (at a loss) and now MAD cause it's going up. \n\n\n\nWhy don't you start bashing the MEME coins? I think some of those are straight up worthless than JASMY. In my most humble opinion.", '1b6pckv'], ['u/Lost_Mapper', 21, '2024-03-05 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktdnr66/', 'You know who probably has good investment advice? Someone who calls themselves Pussybreath. That’s the kind of user name that inspires confidence.', '1b6pckv'], ['u/Low_Appointment_3917', 19, '2024-03-05 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktduuij/', 'If u bought the bottom u would not care. 99 percent of crypto is like that anyway. Its sharks vs plankton', '1b6pckv'], ['u/elysiansaurus', 11, '2024-03-05 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/kte9u48/', 'Never heard of it but its up 350% in 2 weeks.', '1b6pckv'], ['u/Kimed6', 23, '2024-03-05 04:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pckv/jasmy_is_not_run_by_legitimate_people/ktegx0k/', 'Why are you so upset? Your original post seems to be looking out for people, then you turn to angry child replying to comments. If you are trying to to make a point be an adult and use logic not insults.', '1b6pckv']]], ['u/HSuke', 'Ethereum L1 gas prices are nowhere as high as they were from 2020-2022 during the last bull run, thanks to Layer 2 rollups and EIP-1559', 68, '2024-03-05 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/', "One of the biggest concerns of Ethereum during the last bull run were excessively-high fees. I mean, L1 fees are still high, but they're nowhere close to being as high as they were during the previous bull run. From July 2020 to Feb 2022, gas prices were often above 100-200 Gwei ($10-20 ETH transfers and $100-200 ERC-20 swaps). After Feb 2022, gas prices started declining greatly and [settled below 50 Gwei average](https://etherscan.io/chart/gasprice). Unlike the previous bull run, the 200+ Gwei busy days of 2021 have disappeared. And on many days (including today), it costs more to transfer BTC than ETH.\n\n\n\nhttps://preview.redd.it/nhb5z7f0gemc1.png?width=1920&format=png&auto=webp&s=d2541baa8b40b812ef3f0e2cebda5d221055c659\n\nEthereum fees have been lower even though Layer 1 is just as busy as before. In fact, all L1 Ethereum blocks have been maxed out (in gas usage) since The Merge, with daily gas usage consistently [just above 100%](https://etherscan.io/chart/gasused) of the combined block target gas usage for the day.\n\nSo what changed? The biggest difference is that much of the activity has shifted to Layer 2s. L2 activity grew in 2022 and [surpassed L1 in Sept 2022](https://l2beat.com/scaling/activity). Many applications with high activity have permanently migrated to L2s.\n\nIn addition, EIP-1559 also allows for block size to be much more elastic than before by allowing the block to temporarily double in gas usage at the cost of fees being 12.5% more expensive in the next block.\n\nLastly, the Dencun upgrade planned for Mar 14th is expected to further lower prices for Layer 2 rollups, likely to shift even more activity to L2 rollups and further alleviate L1. People should be using L2 rollups whenever possible because L1 isn't meant for direct use. It's meant to be a settlement layer for the L2 rollups.", 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/', '1b6pdbs', [['u/flicman', 34, '2024-03-05 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/ktdgzwk/', "And because this bull run hasn't started yet. We're in the foothills, boys. Buy all your shitcoins so you can pretend to have DCA'd for the last 2 years with your wife's pension fund.", '1b6pdbs'], ['u/cbfella', 13, '2024-03-05 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b6pdbs/ethereum_l1_gas_prices_are_nowhere_as_high_as/kte43ac/', 'They’re still pretty brutal today though', '1b6pdbs']]], ['u/SpecificSum', 'I am slowly realizing I will likely never own 1 BTC', 614, '2024-03-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/', "With the predictions for the future I don't think I'll ever be able to own 1 whole Bitcoin, but I'm still happy to be along for the ride.", 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/', '1b6r43a', [['u/speedingmedicine', 745, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdpdpd/', "Keep DCA'ing. 1 BTC is an arbitrary number. It's all about stacking sats.", '1b6r43a'], ['u/StatisticalMan', 266, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdpgur/', 'The first club was 21 BTC then once that became unrealistic it was 10 BTC and then 1 BTC. Eventually 0.1 BTC will be the threshold. Not sure what cool name it will have maybe a "dime\'?', '1b6r43a'], ['u/Plus_Challenge_7895', 188, '2024-03-05 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdqkth/', 'The origin of the “dime” will be retraced to this post by future scholars 😆', '1b6r43a'], ['u/omg_its_dan', 24, '2024-03-05 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdqmrd/', 'Once Bitcoin is widely adopted virtually no one will have 1 BTC. By definition, no more than 21 million out of 8 billion people can possibly have more than 1. But the real number is a tiny fraction of that since so many of the coins are locked up by big whales, MSTR, ETFs, etc.\n\nStart thinking in sats. 10 million sats is a great target to start with and will put you far ahead of most.', '1b6r43a'], ['u/vasal21', 159, '2024-03-05 01:47', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdrlcu/', 'I own 0.15 btc. I am in a poor country, where the medium wage is around 12,000 USD per year for well prepared professionals, so I feel ok.', '1b6r43a'], ['u/popsferragamo', 63, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktds272/', "You're set. I applaud your forward thinking", '1b6r43a'], ['u/UnoStronzo', 10, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktds63b/', "There are so many things that we won't accomplish in life, and it is totally fine.", '1b6r43a'], ['u/jbcraigs', 52, '2024-03-05 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdt1ny/', 'In that case I want the credit for the Nickel = 0.05 BTC!', '1b6r43a'], ['u/carsonthecarsinogen', 16, '2024-03-05 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdt3wj/', 'What’s your soc? The first street you lived on? Your mother’s maiden name?', '1b6r43a'], ['u/Middle-Comparison551', 99, '2024-03-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdthqi/', 'As long as you have the resources to do the things you want in your life, you’ve got enough sats. As I work, I add more sats. As I spend, I use them. Getting more and more value for those sats as time goes on will be satisfying enough.', '1b6r43a'], ['u/speedingmedicine', 13, '2024-03-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdtht8/', 'You should never reveal your stack online. I have somewhere in-between 0.000001 BTC and 10000000 BTC', '1b6r43a'], ['u/lordinov', 94, '2024-03-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdu4ph/', 'Can you imagine what one creation in 15 years does… barely that time ago geeks were mining 50 btc every 10 minutes on their crap laptops', '1b6r43a'], ['u/Similar-Turnip2482', 17, '2024-03-05 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktduob7/', 'Impressive. I got a late starts but I live in the states. Been investing for a year and I’m at .16 so you doing what you did is highly impressive', '1b6r43a'], ['u/IronMean6467', 21, '2024-03-05 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdupqr/', "0.1 btc is like 7 k, it's still ton of money for average peeps.", '1b6r43a'], ['u/Feeling-Duck4746', 18, '2024-03-05 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdvjun/', "Rather than focusing on the vanity of being a whole coiner, that you shouldn't be bragging about to other people anyways, try and focus on how you've found an asset that's going to outperform everything else and can slingshot you into a better quality of life / provide enough money to make some meaningful change for yourself and people that care about you. Keep earning monopoly money and dollar cost averaging it into this thing", '1b6r43a'], ['u/srpoke', 28, '2024-03-05 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdvq2c/', 'It is time to discuss your Bitcoin holdings in sats.', '1b6r43a'], ['u/FerdaStonks', 39, '2024-03-05 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdw6gf/', 'I’m taking credit for calling 0.2 a dub', '1b6r43a'], ['u/Cashseeker99', 11, '2024-03-05 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdxoyw/', 'Bitcoin dime club', '1b6r43a'], ['u/speedingmedicine', 30, '2024-03-05 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdyh3j/', 'Dollar cost averaging. Take the money you want to invest and spread it out as smaller purchases instead of a lump sump. It helps protect in case of a dump but the catch 22 is that you lose out on gains if it pumps rapidly. It helps dampen the risk.', '1b6r43a'], ['u/varkdot', 26, '2024-03-05 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdyn0h/', 'and now a half megawatt with mid-grade asics yields virtually nothing', '1b6r43a'], ['u/frumpydrangus', 11, '2024-03-05 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdz5us/', 'Yeah but that’s not almost my salary', '1b6r43a'], ['u/LegitimateHope1889', 26, '2024-03-05 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktdzue5/', 'If you own more thab 0.25 bitcoin then you are in the top 1%', '1b6r43a'], ['u/Revolutionary_Lion3', 15, '2024-03-05 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0kmc/', '.21 btc is the goal', '1b6r43a'], ['u/LegitimateHope1889', 28, '2024-03-05 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0uhf/', "If every millionaire in the world decided to buy one bitcoin each today, they can't do it. There's not enough", '1b6r43a'], ['u/vegancryptolord', 14, '2024-03-05 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte0ur8/', 'Also just helps with consistency which goes a long way. I’d likely never have invested much less in lump sums than I have DCAing. Like I literally just thought to myself “how much money could I spend everyday without worrying about it?” and boom set up the auto purchases. For some people it might be $1 for others it might be $100. Don’t even think about it anymore it just happens. Over time it adds up to an amount I don’t think I would’ve reach in lump sums, also because the lump sums feel like much more than a small daily or weekly amount. Same way someone can spend $5 on coffee everyday but if you told them to spend $1,800 on coffee once a year it would feel way more impactful', '1b6r43a'], ['u/SoupaSoka', 17, '2024-03-05 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte1bv2/', 'A 0.69 of a BTC will be a "nice," obviously.', '1b6r43a'], ['u/_mhtjr', 23, '2024-03-05 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte6go2/', 'Is SATs = Satoshi?', '1b6r43a'], ['u/mindfire753', 38, '2024-03-05 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte6s4y/', 'Satoshis. The smallest unit possible of a bitcoin', '1b6r43a'], ['u/rednoids', 44, '2024-03-05 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte7gj0/', 'Smallest unit, so far!', '1b6r43a'], ['u/DarthBen_in_Chicago', 18, '2024-03-05 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kte8109/', 'So… millisatoshis exist on layer 2. If you’re a Lightning node operator, you can set fees to a thousandth of a satoshi. You can’t use them on the base layer though.', '1b6r43a'], ['u/Latter_Box9967', 17, '2024-03-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktedggo/', 'If true, you have solved the world’s food problem. We can just divide a pizza infinitely.', '1b6r43a'], ['u/MajorWeenis', 10, '2024-03-05 04:10', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktedmxz/', 'This is actually pretty eye opening.', '1b6r43a'], ['u/ThatOldDustyTrail', 14, '2024-03-05 04:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktefxrc/', '“Trust me bro”', '1b6r43a'], ['u/Awkward_Potential_', 25, '2024-03-05 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteibih/', "Exactly. Also, even if you got to the magical 1 BTC number, do you ever sell then or use it to better your life? Because if you do, you won't be a whole coiner anymore.", '1b6r43a'], ['u/Conflictingview', 18, '2024-03-05 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktek6q9/', "21,000,00 * 0.25 = 84,000,000\n\nSo, if it was evenly distributed, 84 million people could own that much bitcoin. There are 8.1 billion people in the world, so... \n\n84, 000,000/8,100,000,000 = .0104 * 100 = 1.04%\n\n\nThere's your top 1%. \n\nOf course, it's not evenly distributed and there are a lot of lost bitcoin, so 0.25 btc is probably closer to top 0.5%", '1b6r43a'], ['u/Middle-Comparison551', 13, '2024-03-05 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktelus8/', 'Yeah, all you could do is stack that magical extra 0.1 and make that your spending money? Some people say they will borrow money against their whole coin but I am not so knowledgeable about that. If bitcoin becomes the standard for what you need in life, maybe that’s mission complete and you should just operate in that circular economy if possible.', '1b6r43a'], ['u/McBurger', 17, '2024-03-05 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteo006/', 'That’s how it was back then too. My shitty laptop with onboard graphics could mine about 2-3 BTC per month with slush’s pool back in college. \n\nI ran my miner often, but it was very noisy, made my laptop ultra hot fire hazard, kept my dorm mate up, and I also needed to pause often to actually use the laptop for school. \n\nI stopped mining because, even with free electricity, 2-3 BTC was like a measly $5 and not worth the hassle. So much easier to just buy on Gox via Dwolla. \n\nAt any point in the last 14 years it has always been “virtually nothing” at the current market rates and difficulty. Way she goes', '1b6r43a'], ['u/Brent_Forrest', 22, '2024-03-05 06:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/kteuk6y/', 'What is this? A unit for ants??', '1b6r43a'], ['u/Still_Sky3396', 52, '2024-03-05 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktf177e/', 'Yeah commit to adding $10 every week, no matter what the price does. \n\nAt the current price it will only take you around 134 years.', '1b6r43a'], ['u/TimePieceProdigy954', 10, '2024-03-05 08:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6r43a/i_am_slowly_realizing_i_will_likely_never_own_1/ktf70xm/', 'So add $100 a week instead and it’ll be 13.4 years \nOr add $1,000 a week and it’ll be 1.34 years 😂', '1b6r43a']]], ['u/elgato123', 'CEO Of Las Vegas-Based Company Convicted For Multimillion-Dollar Fraud And Money Laundering Scheme', 150, '2024-03-05 01:25', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/', " [https://www.justice.gov/usao-sdny/pr/chief-executive-officer-las-vegas-based-company-convicted-multimillion-dollar-fraud](https://www.justice.gov/usao-sdny/pr/chief-executive-officer-las-vegas-based-company-convicted-multimillion-dollar-fraud)\n\n# Chief Executive Officer Of A Las Vegas-Based Company Convicted For Multimillion-Dollar Fraud And Money Laundering Scheme\n\nMonday, March 4, 2024\n\nU.S. Attorney's Office, Southern District of New York\n\nDamian Williams, the United States Attorney for the Southern District of New York, announced today that MARTIN MIZRAHI, a/k/a “Marty Mizrahi,” was convicted of wire fraud, bank fraud, money laundering, aggravated identity theft, and other offenses for his participation in multiple schemes to defraud banks and credit card companies of almost $8 million and to launder more than $4 million in fraud and illegal narcotics proceeds.\xa0 The verdict followed a 12-day trial before U.S. District Judge J. Paul Oetken.\xa0\n\n>U.S. Attorney Damian Williams said: “Martin Mizrahi brazenly used his company as a front to launder millions of dollars in drug and fraud proceeds and to deceive credit card companies into processing additional millions of dollars in sham charges.\xa0 The jury’s unanimous verdict sends a resounding message that individuals who steal and introduce illicit funds into the U.S. financial system will be held accountable.”\n\nAccording to the evidence presented in court during the trial:\n\nFrom at least in or about February 2021 through at least in or about June 2021, MIZRAHI and his co-defendants participated in multiple schemes to defraud banks and credit card companies and to launder narcotics proceeds in addition to the fraud proceeds received.\n\nBeginning in or about February 2021, MIZRAHI began accepting bulk cash narcotics proceeds, which he laundered for individuals associated with a Mexican-based cartel by converting the money into Bitcoin and then sending it to anonymous cryptocurrency wallets provided to him by co-conspirators.\xa0 In addition, MIZRAHI laundered fraud proceeds sent to his company by wire transfer, which he also converted into cryptocurrency before sending it to anonymous cryptocurrency wallets.\xa0 Those funds were obtained through, among other things, a business email compromise scheme in which a New York City-based non-profit organization had more than $3 million dollars stolen from it by hackers.\xa0 Between February and June 2021, MIZRAHI laundered a total of more than $4 million in fraud and narcotics proceeds. \xa0\xa0\n\nIn addition, between April and June 2021, MIZRAHI participated in a credit card fraud scheme in which he ran nearly $8 million in fraudulent credit card charges through his company.\xa0 Those charges were run on multiple credit cards issued in the names of third parties, some of which had been stolen, and without any legitimate work being done or services being provided.\xa0 As part of the scheme, MIZRAHI prepared false invoices which he sent to banks and credit card companies to justify the charges.\n\n\\\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 \\\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 \\\n\nMARTIN MIZRAHI, 51, of Las Vegas, Nevada, was convicted of (i) conspiracy to commit wire fraud and bank fraud, which carries a maximum sentence of 30 years in prison; (ii) wire fraud, which carries a maximum sentence of 20 years in prison; (iii) bank fraud, which carries a maximum sentence of 30 years in prison; (iv) conspiracy to commit money laundering, which carries a maximum sentence of 20 years in prison; (v) money laundering, which carries a maximum sentence of 20 years in prison; (vi) aggravated identity theft, which carries a mandatory minimum sentence of two years in prison to run consecutively to any other prison terms imposed; and (vii) conspiracy to operate an unlicensed money transmitting business, which carries a maximum sentence of five years in prison.\n\nThe minimum and maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendant will be determined by a judge.\n\nMr. Williams praised the Federal Bureau of Investigation for its outstanding work on the investigation.\xa0\n\nThe prosecution of this case is being handled by the Office’s White Plains Division and the Illicit Finance and Money Laundering Unit.\xa0 Assistant U.S. Attorneys Benjamin Klein and Emily Deininger are in charge of the prosecution, with the assistance of Paralegal Specialists Dean Iannuzzelli and Nerlande Pierre.\n\nContact\n\nNicholas Biase, Lauren Scarff \n(212) 637-2600", 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/', '1b6r4qh', [['u/ChargerRob', 22, '2024-03-05 01:53', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/ktdsmgk/', 'Just knew crypto was involved some how.', '1b6r4qh'], ['u/JimHeuer40', 23, '2024-03-05 01:53', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/ktdso0c/', 'Smart as shit, built a significant legitimate fortune on the cutting edge of tech through LV.net and other businesses. Self made. Why he needed to get involved in this is beyond me. He’s facing life in prison. Sad AF to see people throw their lives away', '1b6r4qh'], ['u/Grouchy-Guava-2100', 40, '2024-03-05 02:46', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte0zgr/', 'Ive worked a lot of jobs and can whole heartedly say marty mizrahi is one of the biggest clowns and jackasses Ive ever worked with. Man has been stealing for decades he finally just got cocky enough to do it in the open.', '1b6r4qh'], ['u/Loose-Ad4131', 16, '2024-03-05 02:56', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte2h21/', 'What’s the company?', '1b6r4qh'], ['u/kill_la_kill_urself', 33, '2024-03-05 03:17', 'https://www.reddit.com/r/vegas/comments/1b6r4qh/ceo_of_las_vegasbased_company_convicted_for/kte5nxb/', "Lv.net from the beginning was a scam. That company overcharged for basic internet packages under the guise that it was a local business. We are talking about providing businesses with 250 MB download speeds for $500 a month. As a Vegas local, I saw firsthand, the only place this guy was able to get a billboard was right next to the strip club Little Darlings. Most locals knew this business was crooked. Don't try to make this guy look good. Good fucking riddance.", '1b6r4qh']]], ['u/Berserker_XI', 'Mara short squeeze ?', 10, '2024-03-05 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/', "As BTC is closer to reclaim all time highs at $69k Mara short intrest keeps on increasing and price keeps on going down and sideways. Normally Mara has great correlation and is a multiplier 3 with BTC. Will this lead to a short squeeze? I've seen a few videos, post, and articles looking like there is a huge amount of prices suppression. Does anyone have more information? Let me know your thoughts. ", 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/', '1b6rdsp', [['u/AutoModerator', 68, '2024-03-05 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdptzv/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1b6rdsp'], ['u/Adventurous_Hour8307', 11, '2024-03-05 02:07', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdut85/', 'All I know that mara was around 100$ when btc was around 60k on 2021, the last earnings report was amazing beside the fact they sold their btc but fr we don’t need to care about it because they 4x their production and they are estimated that they gonna double it till 2025 means 8x production than at 2023! \n\nHigh SI and looking for huge short squeeze soon! My calls are already open!', '1b6rdsp'], ['u/Harrigan_Raen', 10, '2024-03-05 02:37', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktdzkp7/', 'Man, if only they didnt sit on their hands for the last 3 years and increased hashrate and lowered production costs. /s', '1b6rdsp'], ['u/Interstellar_Nebula', 22, '2024-03-05 03:07', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/kte46a3/', 'Since 2021 the share outstanding have diluted 3 times', '1b6rdsp'], ['u/SomeSimplePlan', 15, '2024-03-05 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktelskw/', 'Not easy for MARA to short squeeze since they like to dilute and have an outstanding shelf offering.', '1b6rdsp'], ['u/AutoModerator', 11, '2024-03-05 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rdsp/mara_short_squeeze/ktelsm1/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*', '1b6rdsp']]], ['u/ReturnOpen', 'What kind of Crack are the people at Fidelity smoking?', 1899, '2024-03-05 01:43', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/', 'Seriously who in their right mind goes yeah 1B per BTC sounds feasible by 2038. \n', 'https://i.redd.it/ix64qmuswemc1.jpeg', '1b6rk3b', [['u/3aklava', 177, '2024-03-05 01:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdrqbd/', 'I’m smoking crypto these days', '1b6rk3b'], ['u/Deesco5', 1529, '2024-03-05 01:56', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdt0wv/', 'Need to see these inflation adjusted. In 2038 a house might cost $1 billion.', '1b6rk3b'], ['u/Difficult-Swimmer-76', 60, '2024-03-05 01:57', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdt992/', 'Remember the crack tyrone biggums was smoking', '1b6rk3b'], ['u/redditmodsRrussians', 167, '2024-03-05 01:58', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdtcho/', 'Damn, those dudes are dipping into the Water Of Life and seeing some wild shit in the future......', '1b6rk3b'], ['u/ReturnOpen', 44, '2024-03-05 02:12', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdvk97/', 'He who is without sin, cast the first rock. And I shall smoketh it.', '1b6rk3b'], ['u/BithloKing', 645, '2024-03-05 02:27', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdxyj2/', 'I’m just hoping the hotdog combo at Costco is still at $1.50 in 2025', '1b6rk3b'], ['u/HoodFellaz', 87, '2024-03-05 02:32', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdyqgz/', 'The Costco management people firmly believe people would burn all their stores worldwide if the price of that hot dog changed so we might get lucky with that one.', '1b6rk3b'], ['u/ReturnOpen', 96, '2024-03-05 02:36', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktdzcdv/', 'They’d raise membership fee on us before that happened', '1b6rk3b'], ['u/3DanO1', 325, '2024-03-05 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte14dh/', 'Houses right now cost way more than 65k. 1 BTC for a house is a valuation I’m willing take', '1b6rk3b'], ['u/Line____Down', 36, '2024-03-05 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte1ne6/', 'Well yeah, fidelity wants their cut. They could really care less what the price does, but the more people buying in, the more they make.', '1b6rk3b'], ['u/MrGunny', 10, '2024-03-05 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte1r9m/', 'I know it sounds crass to ask for a source on WSB, but this is absurd, and if true, I want to share it. Do you have a first hand source for this??', '1b6rk3b'], ['u/Slooters313', 51, '2024-03-05 03:03', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte3ken/', 'Hopium/fomo to get naive retailers to throw as much as they can into it.', '1b6rk3b'], ['u/ReturnOpen', 14, '2024-03-05 03:08', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte4cj1/', 'That’s the fucked up thing. Retail investors shouldn’t be swayed by “forecasts” from one of the largest investment companies… and if they’re making that prediction just to throw a number out there, should be some sort of market manipulation case against them when people lose their money next bear market. Cause there will be atleast one pullback from here to 2038.', '1b6rk3b'], ['u/Shadow07655', 11, '2024-03-05 03:09', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte4jp0/', 'It sounds more like they’re roasting the other valuations.', '1b6rk3b'], ['u/fe7ixsec', 43, '2024-03-05 03:14', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte56xy/', 'The kind that sells ETFs lmao', '1b6rk3b'], ['u/Catch_ME', 15, '2024-03-05 03:16', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte5j82/', 'What kinda house? A flimsy house in the suburbs or a brick house in the city?', '1b6rk3b'], ['u/leli_manning', 67, '2024-03-05 03:17', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte5p9h/', 'Fuck it. The price of BTC in 2025 will be 1 costco hotdog', '1b6rk3b'], ['u/Line____Down', 17, '2024-03-05 03:21', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte6bo9/', 'It just has to double every single year until 2038 to hit a billion 🤡 \n\nPretty much all forecasts are bullshit. The forecasts for the S&P last year should tell you that. These entities forecasting prices are just trying to line their own pockets. The worst part is that big money can make the price do whatever they want it to. If they claim to be bearish, it’s pretty likely they’re trying to load up for cheap and vice versa. I take this as a huge 🐻signal, but I guess time will tell.', '1b6rk3b'], ['u/MistahOnzima', 32, '2024-03-05 03:31', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte7v32/', 'Is there a 10 cent SHIB prediction anywhere in there?', '1b6rk3b'], ['u/Innit4tech', 10, '2024-03-05 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8492/', "Maybe they know something that we don't, like a jar of peanut butter will cost 100k.", '1b6rk3b'], ['u/SexyWetCashew', 14, '2024-03-05 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte84pn/', 'That hotdog combo will still be $1.50 in 2065\n\nMembership fee might be up a ton though', '1b6rk3b'], ['u/Formal_Profession141', 13, '2024-03-05 03:34', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8947/', "Pumpers.\nThe same people who were telling Boomers that 2006 was the best time ever to buy a house, you couldn't lose money and the moon was the only place to go.", '1b6rk3b'], ['u/E_fubar', 14, '2024-03-05 03:34', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte8a66/', 'What I like is that 1btc will be worth 1btc in 2045', '1b6rk3b'], ['u/LunchO789', 53, '2024-03-05 03:45', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kte9wms/', 'Once Scamath is involved, say no more', '1b6rk3b'], ['u/spartyballs', 41, '2024-03-05 03:47', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktea8ze/', 'Who’s running this shit', '1b6rk3b'], ['u/Heisenburg1978', 15, '2024-03-05 03:50', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/kteasld/', 'Max Keiser predicted BTC would hit $250k by the end of 2021 in March 2021….. 🙄', '1b6rk3b'], ['u/rollitorbowlit', 31, '2024-03-05 04:03', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecpna/', 'Im putting all my money in 6.5 foot cables', '1b6rk3b'], ['u/r2pleasent', 46, '2024-03-05 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecrc4/', '1 billion per btc prediction is amazing. That is how you build a social media account.', '1b6rk3b'], ['u/CapitalPin2658', 12, '2024-03-05 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktecsia/', 'And TSLA is sitting on a lot of BTC.', '1b6rk3b'], ['u/Ballsmeetpets', 86, '2024-03-05 04:09', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktedktr/', 'Chamath is a known scammer', '1b6rk3b'], ['u/amach9', 42, '2024-03-05 04:21', 'https://www.reddit.com/r/wallstreetbets/comments/1b6rk3b/what_kind_of_crack_are_the_people_at_fidelity/ktefawz/', '$385 trillion market cap if it gets to $1', '1b6rk3b'], ['u/ylli101', 30, '2024-03-05 04:23', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', '• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "1,228.33", "AUM ($, mm)": "380,695.15", "AUM % Change": "0.32%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "797.53", "AUM ($, mm)": "33,754.97", "AUM % Change": "2.36%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "770.93", "AUM ($, mm)": "420,706.71", "AUM % Change": "0.18%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "724.58", "AUM ($, mm)": "111,440.40", "AUM % Change": "0.65%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "320.24", "AUM ($, mm)": "9,972.23", "AUM % Change": "3.21%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "289.75", "AUM ($, mm)": "258,639.23", "AUM % Change": "0.11%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "282.56", "AUM ($, mm)": "102,014.03", "AUM % Change": "0.28%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "232.27", "AUM ($, mm)": "32,653.99", "AUM % Change": "0.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "215.34", "AUM ($, mm)": "16,158.14", "AUM % Change": "1.33%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "202.51", "AUM ($, mm)": "10,295.45", "AUM % Change": "1.97%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-5,513.58", "AUM ($, mm)": "501,496.05", "AUM % Change": "-1.10%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-573.86", "AUM ($, mm)": "11,679.22", "AUM % Change": "-4.91%"}, {"Ticker": "EMB", "Name": "iShares JP Morgan USD Emerging Markets Bond ETF", "Net Flows ($, mm)": "-502.61", "AUM ($, mm)": "13,905.61", "AUM % Change": "-3.61%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-492.36", "AUM ($, mm)": "26,528.50", "AUM % Change": "-1.86%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-328.58", "AUM ($, mm)": "22,349.70", "AUM % Change": "-1.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-285.66", "AUM ($, mm)": "25,243.86", "AUM % Change": "-1.13%"}, {"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-260.55", "AUM ($, mm)": "31,064.81", "AUM % Change": "-0.84%"}, {"Ticker": "STIP", "Name": "iShares 0-5 Year TIPS Bond ETF", "Net Flows ($, mm)": "-252.47", "AUM ($, mm)": "7,955.29", "AUM % Change": "-3.17%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-226.58", "AUM ($, mm)": "62,792.59", "AUM % Change": "-0.36%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-188.76", "AUM ($, mm)": "49,739.42", "AUM % Change": "-0.38%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "7.40", "AUM ($, mm)": "7,033.90", "% of AUM": "0.11%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "28.37", "AUM ($, mm)": "17,512.11", "% of AUM": "0.16%"}, {"": "Commodities", "Net Flows ($, mm)": "-123.19", "AUM ($, mm)": "123,911.24", "% of AUM": "-0.10%"}, {"": "Currency", "Net Flows ($, mm)": "-132.47", "AUM ($, mm)": "52,712.76", "% of AUM": "-0.25%"}, {"": "International Equity", "Net Flows ($, mm)": "865.73", "AUM ($, mm)": "1,428,113.73", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-97.77", "AUM ($, mm)": "173,762.36", "% of AUM": "-0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "-149.45", "AUM ($, mm)": "13,727.22", "% of AUM": "-1.09%"}, {"": "Leveraged", "Net Flows ($, mm)": "-328.93", "AUM ($, mm)": "93,060.26", "% of AUM": "-0.35%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-1,085.84", "AUM ($, mm)": "5,334,929.15", "% of AUM": "-0.02%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,748.17", "AUM ($, mm)": "1,368,870.68", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "732.02", "AUM ($, mm)": "8,613,633.42", "% of AUM": "0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Elizabeth Howcroft and Hannah Lang\nLONDON/NEW YORK (Reuters) -As Tether toasts $100 billion in circulation this week, the rapid rise of the world\'s biggest stablecoin has highlighted concerns about potential risks to wider financial markets.\nThe digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.\nCrypto traders say the tokens are essential for moving funds in crypto quickly, without using the regulated banking system.\n"Tether plays a pivotal role in our day-to-day operations, primarily serving as a mechanism for moving funds swiftly between trading venues," said Michael Hall, founding partner of London-based crypto asset manager Nickel Digital.\nRegulators, however, have long-standing concerns that growing stablecoin reserves expose the broader financial system to bigger risks, because they act as a bridge between the crypto universe and mainstream financial markets.\nJames Butterfill, head of research at asset manager CoinShares, said that Tether\'s dominance increases systemic risk within crypto.\n"If Tether fails for some unlikely reason, it would lead to a dramatic decline in trading volumes," he said.\nU.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency.\nA spokesperson for Tether said its "products provide real-world value by enabling the billions of unbanked people across the globe to access the global financial system when they couldn’t before."\nThe spokesperson also said Tether "proactively works with law enforcement and regulatory agencies across the globe to halt the illicit use of stablecoin technology, having frozen several hundreds of millions in USDT connected to illicit activities."\nCEO Paolo Ardoino said in a statement in January that Tether is committed to "transparency, stability, and responsible financial management".\nCrypto markets have mostly recovered from the collapses that saw prices plunge in 2022. Bitcoin jumped more than 20% last week and on Tuesday hit an all-time high, driven by excitement around inflows into U.S. spot bitcoin ETFs.\nTether is also growing fast. Around $29 billion worth was created in the last year, it said in a statement on Tuesday.\nWIDER IMPACT\nThe crypto lobby has previously said that asset-backed stablecoins do not pose a systemic risk.\nBut with Tether now holding nearly $100 billion worth of reserves in traditional banking institutions, Rajeev Bamra, Head of DeFi and Digital Assets Strategy at Moody\'s Investors Service said "anything going wrong with Tether is going to impact those banking institutions at the end of the day".\n"I think the concentration risk in Tether is huge," Bamra added, referring to Tether\'s dominance within the crypto world.\nS&P Global Ratings ranked Tether as a 4 in a stablecoin stability assessment last year, the second lowest on a scale of 1 to 5, citing a lack of information on custodians, counterparties or bank account providers of its reserves.\nTether agreed to quarterly reserve reports under a 2021 settlement with the New York Attorney General\'s office.\nAt the end of 2023, Tether\'s latest report says, its reserves held $63 billion of U.S. Treasuries, $3.5 billion of precious metals, $2.8 billion of bitcoin, $3.8 billion of "other investments" and $4.8 billion of "secured loans".\nPaul Brody, global blockchain leader at Ernst & Young, said that a reserve report does not constitute a full financial statement audit.\nAlthough various jurisdictions are developing stablecoin legislation, Tether is not currently subject to specific supervision by an authoritative body or rules about how or where it can invest its reserves, S&P Global Ratings analyst Rebecca Mun said in an interview late last month.\nTether Holdings Ltd, which is registered in Hong Kong and owned by a company registered in the British Virgin Islands, says on its website it is "fully transparent", but it does not give details about where its reserves are held.\nHall said Nickel uses Tether "cautiously", balancing the convenience with the downside risk of it losing its dollar peg.\nCrypto traders who rely on Tether say they draw confidence from it having previously maintained its peg and processed billions of dollars worth of redemptions during periods of crypto market turbulence, such as in 2022.\n"While no asset is without risk, especially in the volatile crypto market, Tether\'s track record positions it as a comparatively lower-risk option within the spectrum of digital assets," Hall said.\n(Reporting by Elizabeth Howcroft and Hannah Lang; Editing by Alexander Smith and Stephen Coates)', "Driven by a mix of political and economic factors, the greenback is gradually losing its global dominance. Market sentiment regarding the increasing probability of the Fed cutting interest rates in the second half of 2024 and the momentum toward “de-dollarization” are shifting investors’ focus away from the greenback.\nThese factors increase the need for investors to diversify and hedge their portfolios by taking into account alternative currencies, as the currency market is often driven by investor sentiment instead of economic fundamentals of supply and demand.\nThe greenback's value tends to move inversely with interest rate adjustments by the Fed. The rising probability of the Fed cutting interest rates from the second half of this year makes the dollar less attractive to foreign investors, resulting in decreased demand for the currency.\nAccording to the CME FedWatch Tool, the Fed may begin reducing interest rates as early as June, with a 53.9% probability that they will decrease to 5-5.25%. The likelihood of rate cuts rises thereafter, with the rates potentially dropping to 4.25-4.5% by the end of the year, supported by a likelihood of 31.5%.\nThe chance of the Fed sticking to a dovish stance is strengthened by the recent inflation data. According to the Financial Times, inflation in the United States dropped in the month of January, reaching 2.4% from 2.6% in December. \xa0Following the news, the two-year Treasury yield, which correlates with interest rate expectations, dropped, ending the day 0.03 percentage points lower at 4.62%.\nThe macro environment and other economic factors are pushing economies to seek alternative currency options in a bid to reduce the global dominance of the greenback. This could result in the demand for the U.S. dollar decreasing, depreciating the currency.\nInvestors are turning their attention toward the Chinese yuan. The prospects for the country’s currency gets a boost from the fact that the Chinese policymakers will not allow the trade-dependent nation’s currency to depreciate below a threshold, which limits market pessimism, according to CNBC.\nRising U.S. debt levels may lead to challenges to the dollar's global dominance, questioning its stability as a reliable anchor for the global monetary framework.\nPer IMF, as quoted on Yahoo Finance, the U.S. dollar comprised 59.17% of global allocated foreign exchange reserves in the third quarter of 2023, and has lost around 6% of its share of global allocated foreign exchange reserves since 2016.\nDe-dollarization and Fed rate cuts can also create opportunities in digital currencies. Bitcoin extended its winning momentum, surpassing the $63,000 mark on Wednesday and nearing a potential new record high. The upward momentum in the digital asset is further supported by the arrival of spot bitcoin ETFs (Read: Will Bitcoin Hit $200,000 in Current Bull Market? ETFs in Focus).\nInvestors can look to hedge themselves against the likelihood of the greenback depreciating and diversify their portfolios by increasing their exposure to the following mentioned funds.\nWisdomTree Emerging Currency Strategy Fund employs an active strategy and provides exposure to various emerging currencies worldwide relative to the U.S. dollar, making it a quality fund to invest in emerging market nations.\nThe fund has exposure to currencies of Mexico, Colombia, Poland, Indonesia, Brazil and India, which comprise the top six countries, among others. The majority of the fund’s exposure is in Asia (50.36%), followed by South America (21.5%) and East Europe (14.41%).\nWisdomTree Emerging Currency Strategy Fund has gathered an asset base of $7.1 million and charges an annual fee of 0.55%. The fund has gained 3.31% over the past three months and 3.62% over the past year.\nInvesco DB U.S. Dollar Index Bearish Fund offers exposure to a basket of currencies relative to the greenback, rising when the dollar depreciates. UDN is an appropriate option for investors with a bearish outlook on the U.S. Dollar.\nInvesco DB U.S. Dollar Index Bearish Fund has gained 4.12% over the three months and 1.58% over the past year.\nInvestors can also look into the following funds that provide exposure to the basket of currencies tracked by the U.S. Dollar Index (USDX), relative to the greenback, rising when the dollar depreciates.\nInvestors with a bearish outlook on the U.S. dollar can opt for these funds.Invesco Currencyshares Japanese Yen Trust (FXY), Invesco CurrencyShares Euro Currency Trust (FXE), Invesco CurrencyShares Canadian Dollar Trust (FXC), Invesco CurrencyShares Swiss Franc Trust (FXF)andInvesco CurrencyShares British Pound Sterling Trust (FXB).\nBelow we highlight a few cryptocurrency ETFs that could be tapped now.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nInvesco CurrencyShares Japanese Yen Trust (FXY): ETF Research Reports\nInvesco CurrencyShares British Pound Sterling Trust (FXB): ETF Research Reports\nInvesco CurrencyShares Euro Trust (FXE): ETF Research Reports\nInvesco DB US Dollar Index Bearish ETF (UDN): ETF Research Reports\nInvesco CurrencyShares Canadian Dollar Trust (FXC): ETF Research Reports\nInvesco CurrencyShares Swiss Franc Trust (FXF): ETF Research Reports\nWisdomTree Emerging Currency Strategy ETF (CEW): ETF Research Reports\nGrayscale Bitcoin Trust ETF (GBTC): ETF Research Reports\nValkyrie Bitcoin and Ether Str (BTF): ETF Research Reports\nBitwise Bitcoin Strategy Optimum Roll ETF (BITC): ETF Research Reports\nProShares Ether Strategy ETF (EETH): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research", "Josh Kane; Head of IR; Cipher Mining Inc.\nTyler Page; CEO; Cipher Mining Inc.\nEd Farrell; CFO; Cipher Mining Inc.\nJohn Todaro; Analyst; Needham & Company\nJohn Bridges; Analyst; J.P. Morgan\nJoseph Vafi; Analyst; Canaccord\nGregory Lewis; Analyst; BTIG\nJosh Siegler; Analyst; Cantor Fitzgerald\nPhilip Meisel; Analyst; Stifel\nJoe Flynn; Analyst; Compass Point Research & Trading, LLC\nMike Colonnese; Analyst; H.C. Wainwright.\nOperator\nGood morning, and thank you for standing by, and welcome to Cipher Mining fourth quarter and full year 2023 business update conference call (Operator Instructions)Please note that today's conference is being recorded. I will now hand the conference over to your speaker host, Josh Kane, Head of Investor Relations. Josh, please go ahead.\nJosh Kane\nGood morning, and thank you for joining us on this conference call to discuss Cipher Mining's Fourth Quarter and Full Year End 2023 business update. Joining me on the call today are Tyler Page, Chief Executive Officer, and Ed Farrell, Chief Financial Officer.Please note that you may also review our press release and presentation, which can be found on the Investor Relations section of the company's website. Please note that this call will also be simultaneously webcast on the Investor Relations section of the company's website.This conference call is the property of Cipher mining and any taping or other reproduction is expressly prohibited without prior consent before we start, I'd like to remind you that the following discussion as well as our press release and presentation contain forward-looking statements, including but not limited to, Cypress' financial outlook business plans and objectives and other future events and developments, including statements about the market potential of our business operations, potential competition and our goals and strategies.The forward-looking statements and risks in this conference call, including responses to your questions, are based on current expectations as of today, and Cipher assumes no obligation to update or revise them whether as a result of new developments or otherwise, except as required by law.Additionally, the following discussion may contain non-GAAP financial measures. We may use non-GAAP measures to describe the way in which we manage and operate our business. We reconcile non-GAAP measures to the most directly comparable GAAP measures, and you are encouraged to examine those reconciliations which are filed at the end of our earnings release issued earlier this morning. I will now turn the call over to Tyler page. Tyler?\nTyler Page\nThanks, Josh. Hi, this is Tyler page, CEOC. for mining. Thank you very much for joining our fourth quarter 2023 business update call.Let me begin the call with a few summary financial statistics from our outstanding fourth quarter of 2023. Ed will give a full breakdown of our numbers during his portion of the call, but I wanted to highlight our performance during the fourth quarter of 2023 upfront because it was the first quarter we have had since going public that featured completed operations at our original four data centers for the full quarter.In this sense, it provides the most accurate view of the progress we have made toward our vision of Cipher's full capabilities as a low cost producer of Bitcoin. Our progress has been immense by mining 1,327 bitcoin in the quarter, a production increase of 252% year over year.We produced revenues of $43 million and GAAP net earnings of $11 million we early adopted the new accounting standard in 2023.And these numbers include mark-to-market gains on our Bitcoin inventory. But I think it is important to highlight that even under the previous accounting treatment for Bitcoin. Cipher also would have produced positive GAAP net earnings for the quarter.This is not something most of our competitors can say our adjusted earnings were even stronger. We produced adjusted earnings of $28 million for the quarter, which represents massive progress and an improvement of over $50 million year over year.We are very proud of these milestones as they demonstrate our relative strength and outperformance versus competitors. And with the upcoming having on the horizon, we believe that the relative advantages of being a low cost producer of bitcoin will only increase going forward.As of the end of February, Cipher held 1,433 bitcoin in inventory and $69 million of cash while our total self mining hash rate has grown to 7.4 Exa hash per second. For those that follow the bitcoin mining space, you already know that having is nearly upon us, we have spoken repeatedly about how Cipher is built to thrive throughout market cycles.While the cut in new bitcoin supply from the having is painful for the industry, it can reward thoughtful miners while exposing those miners who have not been disciplined in their strategic decision making.Cipher has been very disciplined well planning for the having four years, we are built to succeed with approximately 96% of our portfolio energize through fixed-price power at an industry low cost of electricity of roughly $0.027 per kilowatt hour as a reminder, electricity represents the large majority of our operating costs and our low price is a key driver, our best in class unit economics.Furthermore, as we complete our expansions at bare and Chief and complete the full Black Pearl site. Our overall rig fleet efficiency will improve from 29.9 joules. Proterra has currently 22 joules Proterra house.Turning to our growth plans. We expect to complete 30 megawatt expansions at each of our bare and chief joint venture data centers in the second quarter of this year. And for those expansions to add 1.25 extra cash per second of self mining capacity to our production.We also expect to add an incremental 0.6 to 0.5 per second of self mining capacity via hardware and software optimization of our existing fleet that we expect to be fully online by the end of the third quarter.Lastly, we are most excited about the enormous potential of BlackPearl, our 300 megawatt site in West Texas. We recently commenced construction activity and aim to energize the site in the second quarter of 2025.Slide 5 is a high-level overview of a Bitcoin mining business that we like to include each quarter to remind everyone how our business model works. We operate the box in the middle of the drawing that says mining equipment, which represents our data centers and mining rates.As I discussed earlier, the majority of our operating expenses is electricity, which our data centers convert into computing output. Unlike traditional data centers, which operate a similar model and sell their computing output to enterprise clients for dollars, CYPHER sales, its computing output called hash rate to the bitcoin network for Bitcoins to make this model operate profitably.A bitcoin mining company needs to control both its electricity costs and the capital it spends to build new data centers, including mining equipment. Controlling these costs enables a miner to be a lower cost producer.And our focus at Cipher has always been on controlling these specific costs to produce the best possible unit economics. That illustration hopefully gives you a good sense of a straightforward Bitcoin mining business. Cipher, however, does have an additional element to our business that is incredibly valuable. We have the ability to sell power back to the grid at our Odessa facility.Our power purchase agreement gives us a combination of downside risk protection as well as upside optionality to our revenue streams doesn't exist for most bitcoin miners.Let's now turn to page 6 and look at some recent bitcoin market events. Since our last business update, we've seen many positive headlines impacting bitcoin miners. The FCC's approval of the bitcoin ETFs in January has dominated the headlines and the price of bitcoin has positively reacted to the better than expected early inflows into the product.We believe this is a massively positive development for the space as it will pull additional investment dollars into the ecosystem. In addition to the new U.S. ETFs. In the past few months, we have also seen elevated periods of transaction fees paid to minor as well as a new accounting standard that provides investors transparency into the mark to market value of bitcoin held on balance sheet.While both of these good developments have provided additional tailwinds to the sector, we have also seen a counterbalancing steady climb to an all-time high in overall bitcoin network cash rates, which suppresses minor ECONOMICS, perhaps most noteworthy for Cypress shareholders and prospective investors.On February 26th, our majority shareholder bid theory announced plans to distribute the majority of its Cypress shares and breakup its concentrated position on our cap table, we believe greatly reducing our largest investor's ownership concentration, increases our free float and create a positive liquidity environment for our shares overall as we move forward as we head toward the halving next month.Cipher is focused on executing the expansion and build-out of data centers, optimizing the production from our current fleet and selectively looking for new growth opportunities. We have reviewed many our acquisition opportunities over the past several months and expect the opportunities to improve as we go through the having. We will evaluate these opportunities with the same disciplined approach as always, and hopefully find expansion options at cyclically low prices.On Slide 7, we give a portfolio overview of our existing data centers and the time line for expected expansion in our self mining hash rate in 2023, we paid an average all in electricity costs of $8,626 per bitcoin produced at our data centers.We are very proud of this number and it drives our best-in-class unit economics Please note that when some of our competitors talk about these costs, they only include electricity and not transmission and other charges. In contrast, when we talk about all in electricity costs, we mean the total cost to deliver electricity to our mining rigs.So our numbers include all transmission and other charges and our low numbers dramatically demonstrate our competitive advantage on the left side of the slide, you have a snapshot of our four current data centers, along with our all in electricity cost per bitcoin at the respective sites for the year 2023.The chart on the right of the slide gives you a graphic illustration of the current Cipher hash rate as well as the additional growth opportunities in the coming year.And a half. At this point, we will turn to production by site. On Slide 8, you can see a picture of our fully operational Odessa facility. Odessa is the most significant part of our portfolio as it represents approximately 90% of our Bitcoin production.Odessa is a wholly owned facility with a five year fixed price power purchase agreement and some of the lowest cost power in the industry.In the third quarter of 2022, we began reporting a third party independent valuation to give investors a sense of how much value is represented in the power contract alone as always, and we'll talk more about it in his remarks. We currently generate approximately 6.4 extra cash per second at the site utilizing approximately 207 megawatts.We have mined roughly 635 bitcoin at the site through February 29 and had a recent maximum daily mining capacity of approximately 10.8 bitcoin per day.On Slide 9, we show a picture and highlights from our elbows data center, which we believe is a truly unique site. Outdoors is 100% powered by wind. And as a joint venture that we share with our energy provider, it currently has a total operating capacity of 40 megawatts when the wind blows that 40 megawatts power is roughly 1.3 extra hash per second of rig eyeballs can mine a maximum of roughly 2.2 bitcoin per day.And year to date, the site has mined approximately 88 bitcoin through February 29, roughly half of that total capacity and site production belong to Cipher. We are working to supplement the wind production at our doors with a grid connection, which would allow us to increase our uptime and generate more bitcoin with the existing equipment at the site. And we remain confident that we will have that arrangement in place later this year.Slide 10 shows operational highlights from our parent chief data centers. Combine the sites operate 20 megawatts, which can generate approximately 0.7 extra cash per second and can generate roughly 1.1 bitcoin per day.And current market conditions and chief are also structured as joint ventures and future shared economics. Similar to Alberta, unlike our other sites, which have behind-the-meter power arrangements, bear and chief, are set up in front of the meter at a location in Texas that typically features attractive market prices finally, I will close with a few pictures of the expansion work underway at CYPHER.We are very busy every day working to expand our mining capacity in the coming months and we look forward to providing future updates on our progress.Now I'll turn it over to our Chief Financial Officer, Ed FEDERAL.\nEd Farrell\nThank you, Tyler, and hello to everyone on the call as a reminder, for those following the webcast presentation, I'll be referring to our results for the three months and 12 months ending December 31st, 2023. I will discuss some of the key financial metrics for Q4.Paul provide some additional fourth quarter color as well as walk through our full year results. This quarter marked our first quarter of operation since inception with all four of our data centers being fully deployed.And it's a testament to the dedication and tenacity of our entire team and the strength of our company that we were able to deliver positive GAAP earnings for the quarter even before adopting the new accounting standard related to the fair value of Bitcoin as observed across the industry top line growth doesn't always translate into bottom line earnings.However, at Cipher this quarter showcased strong top line growth that also positively impact our bottom line. In the quarter, we mined 1,195 Bitcoin, which resulted in revenues of $43.4 million. And achieving we all take great pride at that upon closer examination, these numbers become even more impressive.While our revenues were up 43% sequentially, the cost of power to generate those revenues was only up 2%, underscoring the value we get from our fixed base PPA at Odessa. We will talk about it later, but the value of that PPA also increased by over [$13 million] in the quarter. Again, a testament to the capabilities of our power and origination team.Despite substantial top line growth in Q4 at $22.5 million, G&A expenses were down 6% from the prior period. This emphasizes the significant potential for operational leverage with our within our business model.Looking ahead, we're excited about our prospects as we scale up operations significantly over the course of this year in 2025, we anticipate encountering industry headwinds such as the upcoming having in raising debt or cash rates, which are challenges that all of our competitors face.However, we firmly believe the cycle is well positioned to navigate these obstacles and emerge as a leader through this next cycle.In our third quarter business update, we talked about the challenging operating environment transitioning to the fourth quarter, we experienced much more favorable conditions marked by a rally in bitcoin price and a significant increase in our production as we fully energized our deficit as a result of fourth quarter was characterized by strong top line free cash flow.These conditions, combined with our ability to draw on our ATM, led to a substantial improvement in our liquidity position. I would also like to take a moment to talk about the new accounting standard, which requires entities that hold crypto assets to measure them at fair value. We believe this is an important step forward for the industry and positive development for institutions.Looking to invest in the space in December, fast be released new rules mandating companies to adopt the new standard for the fiscal year after December 15, 2024. For Additionally, fast be provided companies the option to early adopt the choice we made for the 2023 fiscal year.We underwent a rigorous process to transition this to this new standard and assessed our realized and unrealized gains and losses as well as the impact of previously reported bitcoin impairments, fair value adjustment for the fourth quarter compared to the prior accounting guidance resulted in net earnings impact of $3 million.Now let's turn our attention to the full year consolidated balance sheet and statement of operations. As of December 31, our total current assets stood at $155 million, up from $48 million at year end 2022. Our accounts receivable was $622,000 versus $98,000 the previous year. And our prepaid expenses were $3.7 million versus $7.3 million in the prior year.I should note that those prepaid expenses are primarily due to corporate insurance, which is worth highlighting because we were able to reduce our D&O premium significantly this year, we recorded a Bitcoin balance of $33 million, representing the 700 beauty bitcoin We held had in Treasury on December 31.That number is up from 389 bitcoin we had at year end 2022, which was valued at $6.3 million net of impairment. As always, I'd like to dedicate a few minutes to the value of our progressive PPA derivative asset.We have previously highlighted the significant competitive advantage provided by our power contract at Odessa. As a reminder, we began publishing for third party mark for this agreement for the third quarter of 2022 that Mark is represented as a derivative asset on our balance sheet that gets revalued each reporting period essentially reflects the in the money value of the contract relative to the current forward prices at our Odessa facility.As of December 31, this asset was valued at $93.6 million, which represents an increase of $26.9 million year over year. This change is recorded as a gain on our income statement. It is important to note that this asset is in two components on the balance sheet, $31.5 million as a current asset and $61.7 million as a noncurrent asset.The change in fair value of this contract will affect our GAAP earnings, but we excluded from our non-GAAP reporting. Our other significant assets include property and equipment of $243.8 million, primarily attributed to our protests of facility.This figure includes minus related equipment of $163.5 million, as well as leasehold improvements valued at $139 million. These items are offset by $59.1 million of accumulated depreciation. In addition, we hold intangible assets of $8.1 million, which includes $7 million designated for the payment of black coal sites, and that's related for a CON approval.The remaining $1.1 million relates to capitalized software at year end, our equity investee interest in Alberta's balance sheet stands at $35.3 million. Our operating lease of 7.1 is primarily related to real estate leases.Additionally, deposits of $23.9 million includes the previously reported Luminent's security deposit of $12.5 million and a $6.3 million deposit to Encore related to Wipro data center. I would like to report that our current liquidity position on February 29 is $158 million, comprised of $69 million in cash and $89 million worth of Bitcoin, assuming the $62,000 price per bitcoin.Now let's look at our GAAP operating results before delving into our full year numbers, I'd like to provide more detail on the quarter results. Considering this marks our first full quarter of operations with all four of our data centers at full capacity in the fourth quarter.We mined 1,195 Bitcoin, resulting in $43.4 million in mining revenues versus the prior quarter when we mined 1,078 bitcoin producing $30.3 million in revenue. We are particularly proud that despite significantly higher operating revenue, our operating expenses, including G&A and depreciation amortization, remained relatively flat quarter over quarter.As I mentioned earlier, G&A totaled $22.5 million, a decrease of 6% from the previous quarter. Depreciation and amortization came in at $16.8 million a slight increase from the $16.2 million in the previous quarter. Cost of revenue was $13.3 million, which includes our power and direct expenses related to Odessa, a 2% increase over last quarter.Now let me turn to our full year results, which we can see on Slide 15. For the full year 2023, we mined 4,350 Bitcoin, resulting in $126.8 million of revenues generated entirely from our debt facility. Cost of revenue for the year was $50.3 million versus $748,000 in the prior year.G&A expenses came in at $85.2 million in '23 versus $70.8 million in '22. The increase of $14.4 million was primarily driven by compensation and benefits as we invest in building out our team, increasing our headcount from 22 employees to 36 employees.Depreciation and amortization for the year was $59.1 million versus $4.4 million in the prior year. This increase was primarily due to miners and equipment and leasehold improvements at Odessa being in service for a full year compared to only two months in the previous year.As we mentioned earlier, we recorded a positive change in the fair value of our derivative asset of $26.8 million year over year.Power sales amounted to $9.9 million in 2023 versus $500,000 in the previous year, reflecting the ramp up at Odessa over the course of 2023 for our JV sites, the line item titled equity in losses of equity investees was $2.5 million in 2023 compared to $37 million in 2022. It is worth noting that the losses in 2022 were primarily from the fair value contributions of miners to our JVs. At the time would Maina prices were much higher.Let's now turn to our slide on our non-GAAP measures used to reconcile our adjusted earnings. Allow me to remind everyone that adjusted earnings exclude the impact of depreciation of fixed assets, the change in the fair value of our derivative assets deferred income tax expense, the change in fair value of warrant liability, stock compensation expense and other nonrecurring gains and losses.These supplemental financial measures are not measurements of financial performance in accordance with US GAAP and as such, they may not be comparable to similarly titled measures of other companies. We believe that these non-GAAP measures may be useful to investors in comparing our performance across reporting periods on a consistent basis.Management uses these non-GAAP financial measures internally to help understand, manage and evaluate our business performance and to help make operating decisions when we adjust our fourth quarter GAAP results to the GAAP net income of $10.6 million.We had $17.2 million for those items. I just listed that brings us to adjusted net income of $27.8 million for the quarter compared to $2.3 million in the previous quarter. For the full year, our adjusted GAAP results yielded an adjusted earnings gain of $46.2 million versus an adjusted earnings loss of $64.9 million in the previous year.I will conclude my remarks by saying we are extremely pleased with our financial performance in Q4 and throughout the entirety of 2023. Our philosophy continues to be that to be a leader in the mining space, we need to focus relentlessly on having best-in-class unit economics.We firmly believe 2023 validated our ability to deliver on our stated objective by successfully bringing online our initial four data centers. We are excited about the next stage of growth that Tyler outlined and with our current financial position, free cash flow generation, lack of debt and best-in-class unit economics.We believe we should be well positioned to be a leader through the next cycle. We look forward to updating you in greater detail on our expansion plans when we report for the first quarter.I will pause now and Tyler and I are happy to answer your questions.\nOperator\nThank you, ladies and gentlemen, to ask a question, (Operator Instructions)John Todaro, Needham & Company. Your line is open.\nJohn Todaro\nGreat. Thanks for taking my question. And congrats on the quarters quarter guide looks pretty solid despite the year for a dumb without even the accounting rule changes. I guess two questions, maybe one for each of you add when you talked about operational leverage Booz.So we noticed that as well as the G&A coming in a little bit lower than where we actually estimate for Q4 from if you can grow access to nine plus in G&A flat at '24. It seems like another big boost there. Is that how we should be expecting G&A to basically be flat over '24?\nTyler Page\nYes, good morning, John. Thanks, Rick. Thanks for listening and thanks for the question. But I would look at G&A over the next two quarters and being relatively flat. We don't look, as we've mentioned, we've built out the team.I think we'll get a lot of leverage from building out the team as we bring on more excess cash and we expand of our end, our data centers, we should expect some additional depreciation, depreciation and amortization. But when you neutralize that for the non-GAAP numbers, I would expect that not to be too much greater than we've been reporting in the fourth quarter of '23. Is that helpful?\nJohn Todaro\nYes, that I think that, um, and then Tyler, on the jewelry side of things and apologies if I missed this, but can you just remind us on how many shares that vary still has right now, the time line for that distribution? And then I believe there is no more lockups. Is that correct?\nEd Farrell\nYes. Hey, John. So let me let me actually add one more piece of color to the answer about SG&A because I think it's important for context and then I'll answer the bid theory question as well. I mean, I know you asked sort of for specific near term, but I think it's important to think about SG&A, especially as we come into the halving.And the way we look at SG&A, I do think is pretty differentiated from most other bitcoin miners. And I think about that, that needs to be kept in mind as all the research analysts and investors in the space look at what happens to these companies post happening.And so we often talk about the relentless search for cheap power because that drives the unit economics and look in a post halving world as the world evolves and these sites get bigger, there's really kind of two ways to seek out that cheap power, some folks not not safer.We have gone to jurisdictions where there may be regulatory risk or other challenges that we find hard to underwrite and you get cheap power so long as they don't raise the minor tax or the government comes after mining or something like that. And maybe there are people that can underwrite that risk better than us.The other way in the way that we've really focused since day one on doing this is to go to a place like Texas, where you can monetize the curtail ability of these data centers. And as we've talked about often, our data centers can can power up and they shut down within a minute, they can do it very quickly, they can respond to price signals.And we talk a lot about the opportunities to sort of be involved in providing power back to the grid, making extra cash to do it and that being a real hidden ability of what we can do. And the thing is if you take what I'll call a more basic operating model for a miner where you just find a power cost and tried to run your rigs 100% of the time.And that model is going to be more and more challenged. And if you did that in Texas, the average price in Texas is something like $0.06 a kilowatt hour. And so to sort of manufacture your own lower electricity price, you have to be able to curtail your data centers, potentially participate in demand, response programs, et cetera. The only way to do that is to build a stack of talented people across ops, technology trading.It's not easy.And we're one of the only companies that really does that at scale, and that will be an even bigger part of our story as we build Black Pearl. So that's all by way of saying that when RSG. and A. is building a different company with a different skill set of people and it scales very well so whereas I think now, you know, we're going to we're at half of less than half of the output will be from a megawatts perspective.And like a third less than a third of what will be from a hash rate perspective after we bring Black Pearl online that SG. and A. scales very, very well. It is not a linear scaling and so and your specific question was about the next quarter or two.I think it's important to keep in mind that this will become one of our greatest relative strengths in the long term because we will bring on very large data centers with very little linear growth in SG&A. So we're sort of just getting started in some ways on the chassis that we're building to continue to source and produce our own cheap power and control our own destiny.So I think that's important context for SG&A just on a longer term, not exactly your question and then to get to your specific question and thank you for indulging me on that.Yes, so Fury is in the process of distributing those shares. They put out a press release and they talked about this that they plan to end up with 50 million shares at [Fury]. And so that will be below 20% of our overall shares, we have raised some money via the ATM.So it will even be a little bit less than that on a percentage basis. And that's in process right now. I don't know exactly where they are in that process because that's sort of outside of my conversations with them. But I know it's sort of very short term.They're in the process I expect it to be days for them to complete those distributions. And so we will go from where we were not that long ago when they were north of 80% of our cap table to decently below 20% and there are no more lockups on that.So those will be freely tradable shares as they're distributed. I think it's good to give some context on this as well. I've heard a lot from investors over the last year or so.Hey, Tyler. We love the CYPHER business model. We love how you create your own a cheap cost of power. This is very sustainable. You have a clean balance sheet. We like everything about it, but we're an institutional investor and we don't buy the stock of companies with an 82% shareholder.And so this has been a central challenge for us to solve that. We focus every day on building a great business, but of course, we want to also have Cypress stock be a great investment. I think the very wonderful thing about this outcome is that if you think about what I would like to see on our cap table over time in a perfect world.We'd have a bunch of long-term investors that understand bitcoin mining. And so we sort of short circuit the time line here. These are shares that are being distributed a bit here you already own. So it's not adding new shares. Is your existing shares going to investors that have been invested in theory and Bitcoin mining typically for a long time, sometimes longer than a decade.So I think from our perspective at Cipher, we're really excited about this. I think just based on my conversations with investors, I have heard we trade at a discount to where our business model should be trading if we didn't have such a concentrated cap table.And I believe that that discount will be removed and that, frankly, I think we should trade at a premium and based on just the results we've put Last 60 Days of Bitcoin's Closing Prices: [43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-06 Financial & Commodity Data: - Gold Closing Price: $2150.30 - Crude Oil Closing Price: $79.13 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,243,036,966,600 - Hash Rate: 552239932.41775 - Transaction Count: 381934.0 - Unique Addresses: 681667.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Credit Agricole SA acquired a 7% stake in Worldline SA for an undisclosed price to help stabilize its struggling payments partner and strengthen a joint venture announced last year. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger The investment “is intended to strengthen this partnership to create a major player in the French merchant payment services market,” Credit Agricole said in a statement Monday, adding that it plans to remain a “long-term minority shareholder.” Worldline shares rose as much as 6.1% on the news. Bloomberg reported last month that the French lender had been discussing a potential move to buy stock in Worldline after its shares plunged, citing people familiar with the matter. Worldline in October cut its sales outlook, saying consumers are growing more cautious and spending less, hurting the company’s growth and profitability. The shares plunged by 59% that day. The warning added to a string of bad news for the payments industry in Europe, which is grappling with a slowdown after years of growth. The two companies announced in April that they were forming a joint venture in merchant payments, planning to invest about €80 million over the next two years. Worldline would be the majority owner of the unit, holding 50% plus one share. The agreement replaced the French lender’s previous partnership with Wirecard AG, the German company that collapsed in an accounting scandal. What Bloomberg Intelligence Says: Credit Agricole’s acquisition of a 7% stake in Worldline will strengthen the relationship further after the merchant payments joint venture announced in April that will extend its dominant position in France. The minority stake also aims to restore confidence after October’s cut to Worldline’s near-term guidance sent the shares 50% lower. The guidance reset at year-end results in February will be crucial as headwinds continue. Story continues Mar’Yana Vartsaba, banking analyst Credit Agricole’s 7% Stake May Stabilize Worldine’s Ship: React (Updates with share reaction in third paragraph, analyst’s comment in last.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Top 10 Creations (All ETFs)\n[{"Ticker": "GOVT", "Name": "iShares U.S. Treasury Bond ETF", "Net Flows ($, mm)": "2,036.70", "AUM ($, mm)": "24,718.75", "AUM % Change": "8.24%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "578.00", "AUM ($, mm)": "111,698.04", "AUM % Change": "0.52%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "518.30", "AUM ($, mm)": "17,564.35", "AUM % Change": "2.95%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "474.24", "AUM ($, mm)": "3,924.86", "AUM % Change": "12.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "431.07", "AUM ($, mm)": "16,603.70", "AUM % Change": "2.60%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "429.32", "AUM ($, mm)": "420,654.12", "AUM % Change": "0.10%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "420.11", "AUM ($, mm)": "11,529.14", "AUM % Change": "3.64%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "410.98", "AUM ($, mm)": "65,399.30", "AUM % Change": "0.63%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "406.58", "AUM ($, mm)": "813.16", "AUM % Change": "50.00%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "404.58", "AUM ($, mm)": "7,490.58", "AUM % Change": "5.40%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "-1,457.43", "AUM ($, mm)": "104,171.83", "AUM % Change": "-1.40%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,087.66", "AUM ($, mm)": "256,487.49", "AUM % Change": "-0.42%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-753.95", "AUM ($, mm)": "9,224.02", "AUM % Change": "-8.17%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-696.00", "AUM ($, mm)": "48,870.72", "AUM % Change": "-1.42%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-389.65", "AUM ($, mm)": "379,902.23", "AUM % Change": "-0.10%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-367.96", "AUM ($, mm)": "28,117.06", "AUM % Change": "-1.31%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-228.47", "AUM ($, mm)": "35,531.10", "AUM % Change": "-0.64%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-195.14", "AUM ($, mm)": "33,131.37", "AUM % Change": "-0.59%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "-174.41", "AUM ($, mm)": "1,395.37", "AUM % Change": "-12.50%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-172.35", "AUM ($, mm)": "33,564.87", "AUM % Change": "-0.51%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-19.54", "AUM ($, mm)": "7,013.18", "% of AUM": "-0.28%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-12.89", "AUM ($, mm)": "17,482.99", "% of AUM": "-0.07%"}, {"": "Commodities", "Net Flows ($, mm)": "-212.40", "AUM ($, mm)": "126,133.61", "% of AUM": "-0.17%"}, {"": "Currency", "Net Flows ($, mm)": "610.32", "AUM ($, mm)": "57,189.72", "% of AUM": "1.07%"}, {"": "International Equity", "Net Flows ($, mm)": "971.55", "AUM ($, mm)": "1,427,708.73", "% of AUM": "0.07%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "24.77", "AUM ($, mm)": "173,791.92", "% of AUM": "0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "26.12", "AUM ($, mm)": "13,793.40", "% of AUM": "0.19%"}, {"": "Leveraged", "Net Flows ($, mm)": "83.60", "AUM ($, mm)": "92,900.00", "% of AUM": "0.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,278.82", "AUM ($, mm)": "5,334,389.93", "% of AUM": "0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,571.43", "AUM ($, mm)": "1,369,113.14", "% of AUM": "0.11%"}, {"": "Total:", "Net Flows ($, mm)": "5,321.77", "AUM ($, mm)": "8,619,516.63", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'By Stella Qiu\nSYDNEY, March 7 (Reuters) - Asian shares rallied in relief on Thursday while the dollar nursed losses after the world\'s most powerful central banker reassured investors that U.S. rates would fall this year, setting the scene for policymakers in Europe.\nJapan\'s Nikkei reversed earlier gains and the yen jumped past the 149 per dollar level to the highest in a month as momentum builds that a move from the Bank of Japan to end negative interest rates could come as soon as this month.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, while Japan\'s Nikkei fell 0.8%, after hitting a fresh all-time high earlier in the session.\nJapanese workers\' nominal pay in January grew 2% from a year earlier, data showed, accelerating from a gain of 0.8% the previous month. In other news, Japan\'s major union won big pay hikes in 2024 wage talks. BOJ board member Junko Nakagawa said on Thursday the economy was moving steadily towards sustainably achieving the central bank\'s 2% inflation target.\nOn speculation that the BOJ could move this month, the dollar lost 0.5% to a one-month low of 148.61 yen.\nChinese blue chips rose 0.3% and the Shanghai Composite index gained 0.4%. Hong Kong\'s Hang Seng index was an outlier, down 0.3%. Traders are waiting for China\'s January-February trade data to gauge the strength of the world\'s second-largest economy.\nElsewhere, markets were higher, with Taiwan\'s share market hitting a record high, after Federal Reserve Chair Jerome Powell stuck to the script by saying the Fed still expects to cut rates later this year, even though continued progress on inflation "is not assured".\nThat kept bets of a rate cut in June alive at an 84% probability. Longer-term bond yields slipped, gold prices hit a record high and oil jumped.\n"There was nothing particularly surprising within Fed Chair Powell\'s prepared monetary policy testimony to Congress - which is pretty short in fairness – or the Q&A session," said James Knightley, chief international economist at ING.\n"More data is required, but with more evidence of a cooling jobs market we still think they can cut rates from June."\nIndeed, data showed U.S. private payrolls increased slightly less than expected in February, although the report does not have a strong correlation with the official non-farm payrolls report due on Friday.\nFor now, investors are looking ahead to the policy action in Europe. The European Central Bank is set to keep interest rates steady at a record 4.0%, but any messaging from policymakers that support a rate cut in June would be a relief to markets.\nFutures are almost fully priced in for a first rate cut from the ECB in June, with a total easing of 88 basis points expected for all of this year.\nIn the currency markets, the broad weakness in the U.S. dollar has helped the euro break key resistance to a six week top of $1.0901, but a major chart level of $1.0916 weighed.\nTreasuries were steady in Asia. The benchmark 10-year U.S. yield was flat at 4.1156%, having slipped 3 basis points overnight to 4.0790%, the lowest in a month.\nCommodity prices rallied on a softer dollar. Gold prices were steady on Thursday at $2,148.76 per ounce after hitting a record high of $2,152.09 overnight.\nOil prices were mostly flat, having jumped 1% on Thursday. Brent rose 0.1% to $83.04 a barrel, while U.S. crude gained 0.1% to $79.24 per barrel.\nBitcoin hovered near record highs at $66,153.\n(Reporting by Stella Qiu; Editing by Jacqueline Wong)', "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", 'The Runestone, a landmark inscription on theBitcoinblockchain notable for its size, is up forauction. Leonidas emphasizes the project\'s commitment to fair distribution: "There is no team allocation, pre-sale, etc., and the open-source eligibility algorithm was designed to not favor whales." He positions the Runestone as "a non-utility project" and collectible art, viewing it as a "badge of honor" for those who believed in the Ordinal protocol early on.\nThe inscription currently holds the record for the largest ordinal by block size. Bidding for the Runestone, designated as inscription 63,140,674, currently sits at 0.26 BTC, roughly equivalent to $17,261.61 on the Ord City marketplace. Importantly, all proceeds from the auction will be directed towards covering network fees associated with the upcoming Runestone airdrop and distributed to Bitcoin miners. The Runestone auction concludes on March 8, 2024, at noon EST.\nThis auction follows the highly anticipated Runestone airdrop, officially inscribed on the Bitcoin blockchain earlier this week. This 3.97 MB inscription, encompassing two entire blocks, is one of only seven ordinals exceeding 400,000 bytes. Notably, it was created in collaboration with OrdinalsBot and Marathon Digital Holdings, who mined the record-breaking 3,991,547-byte block for its inscription.\nWhile the exact date remains undisclosed, the upcoming Runestone airdrop will see over 112,000 eligible Bitcoin addresses receive a Runestone inscription. Additionally, a future airdrop of Runes tokens is planned upon the launch of the Runes protocol on the Bitcoin network, expected to coincide with the Bitcoin halving around April 20, 2024.', 'The Runestone, a landmark inscription on theBitcoinblockchain notable for its size, is up forauction. Leonidas emphasizes the project\'s commitment to fair distribution: "There is no team allocation, pre-sale, etc., and the open-source eligibility algorithm was designed to not favor whales." He positions the Runestone as "a non-utility project" and collectible art, viewing it as a "badge of honor" for those who believed in the Ordinal protocol early on.\nThe inscription currently holds the record for the largest ordinal by block size. Bidding for the Runestone, designated as inscription 63,140,674, currently sits at 0.26 BTC, roughly equivalent to $17,261.61 on the Ord City marketplace. Importantly, all proceeds from the auction will be directed towards covering network fees associated with the upcoming Runestone airdrop and distributed to Bitcoin miners. The Runestone auction concludes on March 8, 2024, at noon EST.\nThis auction follows the highly anticipated Runestone airdrop, officially inscribed on the Bitcoin blockchain earlier this week. This 3.97 MB inscription, encompassing two entire blocks, is one of only seven ordinals exceeding 400,000 bytes. Notably, it was created in collaboration with OrdinalsBot and Marathon Digital Holdings, who mined the record-breaking 3,991,547-byte block for its inscription.\nWhile the exact date remains undisclosed, the upcoming Runestone airdrop will see over 112,000 eligible Bitcoin addresses receive a Runestone inscription. Additionally, a future airdrop of Runes tokens is planned upon the launch of the Runes protocol on the Bitcoin network, expected to coincide with the Bitcoin halving around April 20, 2024.', '• US stocks rose on Wednesday as investors took in Powell\'s remarks on interest rates.\n• Rates could come down "significantly" over the next few years, the Fed chief said.\n• But the path of interest rates will depend on whether inflation continues to cool.\nUS stocks rose on Wednesday as markets took in Jerome Powell\'s testimony before Congress, during which the chief central banker said the central bank is still looking at rate cuts in 2024.\nAll three benchmark indexes rose, while bond yields were slightly lower.\nThe US is still on a "good path" to a soft landing, Powell said, a scenario where inflation falls to the Fed\'s 2% target without the economy slipping into a recession.\n"We expect inflation to come down, the economy to keep growing ... if that\'s the case, it will be appropriate for interest rates to come down significantly over the coming years," Powell said during the first day of his testimony to Congress.\nMarkets appeared to shrug off the Fed chair\'s more hawkish comments, as he also noted that inflation falling to 2% still isn\'t a sure thing.\n"The Fed can afford to sit on higher rates until the labor market starts to crack," Jamie Cox, a managing partner at Harris Financial Group, said in a statement on Wednesday.\xa0 "Maximum employment is the stronger of the two mandates for rate cuts, and there is no there, there to force cuts at this point."\nSome investors, though, are still betting on aggressive rate cuts by the end of the year. Markets are pricing in a 51% chance the Fed could cut interest rates more than 75 basis-points, according to the CME FedWatch tool.\nRegional bank turmoil resumed after The Wall Street Journal reported that New York Community was looking to raise capital to stabilize its business. Shares plunged as much as 47% before rising sharply again after it was announced that the bank would geta $1 billion infusionfrom a group including the firm led by former Treasury Secretary Steven Mnuchin.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500:5,104.76, up 0.51%\n• Dow Jones Industrial Average:38,661.05, up 0.2% (+75.86 points)\n• Nasdaq Composite:16,031.54, up 0.58%\nHere\'s what else is going on today:\n• The S&P 500 risks crashing 60% as a recession loomsover the economy, according to elite analyst Milton Berg.\n• A Trump reelection could be the biggest threat to the global economy, "Dr. Doom" Nouriel Roubini said.\n• China\'s real estate slump could get much worse.\n• CEOs are suddenly feeling a lot better about the economy.\n• China\'s focus on boosting exports could spark a new trade war, one economist warns.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1.15% to $79.05 a barrel.Brent crude, the international benchmark, increased 1% to $82.85 a barrel.\n• Goldedged up 0.6% to $2,155.10 per ounce.\n• The 10-year Treasury yield dropped two basis points to 4.1o8%.\n• Bitcoinsurged 7.72% to $67,428.\nRead the original article onBusiness Insider', "Alex Kovtun; IR; Gateway Group Inc\nGreg Beard; Chairman & CEO; Stronghold Digital Mining Inc\nMatt Smith; CFO; Stronghold Digital Mining Inc\nLucas Pipes; Analyst; B. Riley Securities Inc\nJoe Flynn; Analyst; Compass Point Research & Trading LLC\nKevin Dede; Analyst; H.C. Wainwright & Co LLC\nOperator\nGood morning, and welcome to Stronghold digital mines conference call for the fourth quarter and full year ended December 31, 2023. My name is Towanda, and I will be your operator this morning before this call, Stronghold issued its results for the fourth quarter and full year of 2023. Any press release, which is available in the Investors section of the Company's website at w. w. w. dot Stronghold digital money.com. You can find an link in the Investors section at the top of the homepage joining us on today's call are strong host, Chairman and CEO, great beer and CFO, Matt Smith. Following their remarks, we will open the call for questions.Before we begin, Alex Compton from Gateway group will make a brief introductory statement. Mr. Copeland, please proceed.\nAlex Kovtun\nGreat.Thank you, operator. Good morning, everyone, and welcome. Today's slide presentation along with our earnings release and financial disclosures were posted to our website earlier today and can be accessed on our website at w. w. w. dot Stronghold digital mining.com. Some statements we're making today may be considered forward-looking statements under securities law and involve a number of risks and uncertainties. As a result, we caution you that there are number of factors, many of which are beyond our control, which could cause actual results and events to differ materially from those described in forward-looking statements. For more detailed risks, uncertainties and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and public filings made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law, we will also discuss non-GAAP financial metrics and encourage you to read our disclosures and the reconciliation tables to applicable GAAP measures in our earnings release carefully. As you consider these metrics, we expect to file our annual report on Form 10-K on or around March eighth, 2024, with the Securities and Exchange Commission, which sets forth detailed disclosures and descriptions of our business as well as uncertainties and other variable circumstances, including but not limited to risks and uncertainties identified under the caption Risk Factors. You may access Stronghold Securities and Exchange Commission filings for free by visiting the SEC website at www.SEC.gov for Stronghold Investor Relations website.At ir dot Stronghold digital mining.com.I would like to remind everyone this call is being recorded and will be made available for replay via a link available in the Investor Relations section of strongholds website.Now I would like to turn the call over to Stronghold Chairman and CEO, Greg Peters.\nGreg Beard\nGreg.Good morning, everyone, and thank you for joining us on our fourth quarter and full year 2023 earnings call. We will be referencing an associated slide presentation throughout the call that is available through the webcast and on the Investor Relations section of our corporate website.Let's start on Slide 3. I will say this on every earnings call until it's no longer true Stronghold is the only environmentally beneficial and vertically integrated public bitcoin miner can own and operate two mining waste to power facilities in Pennsylvania, scrap brass and Panther Creek, with aggregate capacity of 165 megawatts through our process scrubbed grass and Panther Creek and removed an estimated 30 million tons of toxic mining waste from the environment from nearly 100 different sites. Today, we operate over 40,000 bitcoin miners with 4.1 extra hash of hatchery capacity. While we are thrilled to surpass for excess cash, we believe that we have significant runway to continue cash rate growth within our existing infrastructure by high-grading our fleet as a vertically integrated bitcoin miner, we have a unique and substantial asset base with significant potential for complementary revenue streams in November we announced our carbon capture project, which is simply an extension of our reclamation process. We are excited about the progress we have made on this project over the last few months. We believe that we can capture up to 100,000 tons of CO2 annually at baseload capacity utilization of our plants as discussed in our December presentation.Moving to slide 4, over the past year and a half Stronghold executed on its plan to grow hash rate to four extra hash with high capital efficiency. And we plan to continue adding hash rate in improving our fleet efficiency opportunistically, we have over 40,000 energized slots, and these slots could support more than seven extra ash of mining with a high-graded fleet of latest generation miners, we are exploring various avenues and structures to grow into this capacity.Looking at our fleet, the average efficiency for our 2,500 for these efficient miners exceeds 40 joules per Terra and our next 10,000 feet deficient miners are approximately 37 jewels per Terrace. That's low hanging fruit and just replacing those miners with latest generation miners could yield hash rate capacity of over 5.3 extra ash. So we think that the hydrogen opportunity is very attractive.We also remain focused on improved uptime at our data centers have been working closely with the Frontier mining team since October two and a half enhance our data center operations going into having in April, this partnership has been a success as evidenced by our recent achievement of approximately 3.9 extra hash operating hash rate.Moving to Slide 5. As the having approaches, we continue to focus on liquidity and debt service obligations. As of February 29, we had over $10 million of liquidity. So current liquidity more than covers the $6.5 million in 2024 mandatory amortization associated with our white hot notes from the $1 million of remaining committed minor CapEx. And importantly, our operations are generating cash flow with over $5 million of adjusted EBITDA projected for the first quarter, further enhancing our resiliency.Moving on to Slide 6 to discuss bitcoin market dynamics. Following the approval of bitcoin ETFs from January, we have seen a significant rise in bitcoin price and half-price bitcoin has set a new all-time high in ash prices, around $0.12 per ash. There had been $8 billion of inflows into the ETFs, which averages nearly 6,000 bitcoin per day, 6.5 more and what is mined daily. So we view the recent run-up in bitcoin price as a result of the mismatch in supply with the price run-up continue. While we won't take a view on inflows representing potential demand, the halving will impact the supply side of the equation, which all else equal is quite constructive.For future bitcoin price.Moving on to Slide 7. Owning our own power assets gives us a lot of optionality as electricity is the largest variable cost to mine because it enhances our ability to be responsive to changing market conditions. When power prices are high, we turn off our miners and sell to the grid when prices are lower than bitcoin mining economics were higher than variable fuel costs. We use the plants to power our miners and when power prices are lower than our variable plant costs, we turn off the plants and import electricity to power our miners power prices in our region are currently very low with the forward curve for the remainder of 2024, averaging around $30 per megawatt hour while low power pricing is a trend broadly forward. Curves in PJM are generally the lowest in the country right now. This is great for us because it gives us the flexibility to opportunistically import electricity from the grid to power our miners and unit, you can expect to see us do just that.Moving to slide 8, on the other side of the equation. The PJM grid is extremely vulnerable over the medium to long term. Renewable energy sources like solar and wind are great because they're clean. But the unfortunate reality is that they generate power intermittently, replacing stable baseload generation with intermittent generation, severely threatens the stability of the grid. This is becoming very clear in PJM by its own accounts, 40 gigawatts of baseload thermal generation is expected to be retired by 2030. This is over 20% of current PJM generating capacity. On top of this, nearly 95% of power generation projects in the PJM queue already renewable, and it takes multiple megawatts of renewables to replace each megawatt of baseload generation. As a result, at the current rate of development, PJM believes that the new projects will not be sufficient to keep up with demand growth and the expected plant retirements by 2030. The implied outcome here is extreme volatility and market tightness in the medium to long term, making existing baseload assets like scrap grass and Panther Creek highly valued.Moving to Slide 9. Since announcing our carbon capture project in November, our team has made significant progress, improving our enhancing and validating our process. Recall that our initial third party testing indicated that our scrub grass ash could capture carbon at a capacity of up to 12% by starting weight of the ash. Our recent tests from our first couple that have demonstrated that up to 14% is achievable. We recently partnered with the Pittsburgh Mineral & Environmental Technology Lab was assisting with more enhanced lab analysis, further improving and reinforcing our process. In early February, we announced that we have begun constructing our second cover of this with our partners Cabometyx. This carbonless is now up and running and scrubbed press inclusive of design enhancements and we expect will increase airflow and carbonation and reduce cost and construction time his second cover that cost is about $33,000 in materials, representing significant savings from the first couple of years. And we expect to continue to reduce costs as we scale.As we mentioned on our last earnings call, our team has been working closely with carbon dynamics since September to list our project on the pure registry, the world's first registry for engineered carbon sequestration projects to monetize our carbon renewables in the private market. We are excited to announce that pure earth registry registered the scrub rest facility in late February and the Company will now undertake the REO process, which is the next step towards generating carbon capture related revenue. We are now embarking on the audit process in Piura and our goal is to have an accredited carbonated materials project as early as the end of the second quarter. We expect to have further updates on this project, including timeline for meaningful monetization and related milestones in the next few months.With that, I would like to pass it over to our CFO Matchmind.\nMatt Smith\nThank you, Greg. Moving to slide 10, we continue to believe that Stronghold is significantly undervalued on an absolute basis and acutely So relative to public bitcoin mining peers when looking at select valuation metrics, adjusted EBITDA, hash rate capacity and adjusted EV to annualize January pigment production, strong oil trades at an approximately 70% discount to peers. I have nothing else to add. Lastly, on Slide 11, revenue for the fourth quarter was $21.7 million with $20.5 million from cryptocurrency operations on 599 bitcoin mined at $1.2 million from energy operations. GAAP net loss was $21.2 million for the fourth quarter and adjusted EBITDA was $2.3 million. A reconciliation for those figures is included in the appendix.I will now turn the call back over to Greg for closing remarks.\nGreg Beard\nThanks, Matt. To summarize what we've discussed today, we are executing on the objectives we have communicated to the market. We remain confident in the strength of our business going into happening, and we believe that we have outstanding growth prospects through high-grading our fleet and developing carbon capture. With that, we'll open up the call for Q&A. Operator?\nOperator\nThank you. Ladies and gentlemen, as a reminder, to ask a question, please press star one one on your telephone and then wait to hear your name announced To withdraw your question, please press star one one. Again, Please standby while we compile the Q&A roster. Our first question comes from the line of Lucas Pipes with B. Riley. Your line is open.\nLucas Pipes\nThank you very much, operator. Good morning, everyone. I have really wanted to do two ask a few questions on Slide 4. We show that on column with additional opportunities a few a few questions there. First off, what type of machine should we be thinking about what would a reasonable cost or CapEx range be for that? Or is that included in the guidance, I don't think so. But I would appreciate your perspective. And then I have a few more follow-up question.\nGreg Beard\nYes. So I think we're thinking about it in terms like the generic latest-generation minor that you can still buy. So we're not looking at the next generation to the current latest generation. So something like a bit main that's 21 in terms of the market for these machines changes really weekly. And in the past, we've been very opportunistic about how we've managed to fill slots, whether it be just buying machines out, right, JV-ing on machines just to just to improve the capital efficiency and to get a very high ROE. And so I think at the at current prices, market prices you'd say, hey, to fill up all the slots would be around $20 million at current rates. We think obviously the rates are going to be potentially materially different post having some And as always, we're trying to do better than than down the market in terms of what we spend and how we structure.\nLucas Pipes\nThank you, Greg, what When would you make a decision on deploying additional capital there?\nGreg Beard\nYou know what I think we would once you give us say a quarter to present what we what I want to do in the pace of that on potential repowering of the data center or E, are we replacing all of these our miners with more and more miners. So I think we're not ready to be specific with dates and times yet on those not just really a function of them, making sure that we're opportunistic to achieve the best pricing and rates of return on that equipment.\nLucas Pipes\nGot it. Do you have a site in mind?\nGreg Beard\nYes, I think we have we've only got two sites scrub resin, Panda Creek. So I think you can expect it at all plants.And just to be clear, at current current pricing, it's $20 million per accident hash machine, just in case that was missed.\nLucas Pipes\nNo to Thank you. Thank you for that.So look, I think.\nMatt Smith\nYes, Lukas, I would just add, I think I think there is some as we've been carefully observing industry peers, announcing growth projects that are significant kind of greenfield builds for that require extraordinary time lines and future delivery schedules. What we're what we're trying to focus you on is the fact that we've looked at third sites and we've looked organically at our own existing 41,000 slots. And we have a number of at our Tier one Tier two Tier three miners in terms of stratifying by efficiency and if you were to take the least efficient miners and high-grade does into what's called an S. 21 type miner, which could utilize existing plugs that are energized, you can get to seven X ash plus. And so and identifying that that's an opportunity is not a commitment to I spend money to do that. But we've demonstrated various actually very creative ways filling slots in the past, and we think there are a lot of opportunities to build. But to do that without I'm stretching forward. So the fact we have seven exact capacity in the existing data centers is the message.\nLucas Pipes\nGot it.I appreciate that in kind of switching topics. If obviously, power price environment has been very soft and you noted your flexibility to toggle between your own generation and purchasing power. Could you speak a little bit to what your costs are when you produce in house today at Pentair and scrub grass and And Tom, what kind of what the utilization rate of the plants is expected to be at this in this price environment?\nGreg Beard\nYes.So this is just a nice like reminder of the strength of the stronghold business model, which is, hey, if power prices are super high, we can quickly turn the data centers off and divert all of that power to the grid. And conversely, when power prices are low and by low, we have lowered our variable cost to make power we can and we wouldn't do it on a single day. But it's expected to be low four weeks or a month. We can turn the power plant off. So right now we're saying that we're expecting costs to average between $40 or $45 per megawatt hour to make the power. And you looked at the forward curve for power expected power pricing in PJM, it's one of the lowest power markets in the US. And so that's that decision to come to buy power instead of make it becomes when we see power in the 20s or below, which is where we're seeing it now seasonally. So I think, Tom, you can expect us to just make the economic decision to buy the power at a cheaper cost than we can make it, which is there's a if there is a spot in the middle where it makes sense to run the plants and supply all that power of the data centers. But now we're looking like if the curve ends up playing out as it as it's priced, will run at least scrub brass seasonally rather than off time and then buy power for a lower price. You can make it, which obviously will end improve our margins.\nLucas Pipes\nThank you very much, Greg. Really appreciate the color and best of luck. I'll turn it over for now.\nGreg Beard\nYes.Okay.\nOperator\nThank you. Please standby for our next question.Our next question comes from the line of Joe Flynn with Compass Point Research & Trading, your line is open.\nJoe Flynn\nI guess I wanted to dig a little bit more on on your strategy going into H2, I guess I'm $30 megawatt hour. It's produced strong prices from a marginal cost standpoint, machines on. But I guess in the event, we don't see correction of hedge prices and you kind of see it sub $0.05 level in the months, like how do you how you're going to manage the balance sheet and growth, your ambitions to ultimately place?Yes.Yes, yes.\nGreg Beard\nYes, I hey, I think we have the benefit of not having to be making debt amortization payments, and we have no or very, very small obligations on CapEx today. So we are in right now today, we're generating cash. And so and if you looked at our at the potential for the improvement in efficiency of our mining fleet. And you're going to have to we need to outlay the market, what the what a realistic time frame to do that, which we will do. But I think the best response they're having in our view is to drive power costs as low as you can. That's really the most important variable that we can control. And just happily, luckily, we have a power curve and it allows us to do that. So we're going to end up with with lower power costs and what we would have modeled a quarter ago, given where the curve it moved just related to natural gas pricing being so cheap. But I think if you if you were to study our balance sheet and our obligations there purposely low due to having to let us get to the point where we should be able to begin to spend to upgrade the fleet on time.Which will give us a benefit on top of having a extremely low power price. I think also at some point, they were making a lot of progress on carbon capture and that project is really designed as well to give us an even lower power price sort of on a net basis for that. So that say, that's one of the reasons that we continue to focus on on carbon capture as a as a benefit to the Company.\nJoe Flynn\nThanks that that's helpful. And I wanted to dig more into the Houston business. Have our demonstrated strong results. But I guess just what do you think the outlook is there? I was wondering if you could pursue additional opportunities on that front and on maybe the overall advantages to kind of your model versus your traditional hosting model?Definitely struggled over the past two years. There's a lot of industry talk. I talk about the holiday mile going away I guess, how are you guys positioned in that?\nGreg Beard\nYes. So I think we're we think we have a good relationship with our partners, and I think you're really unlikely to see us enter into what I would just kind of like a regular way of hosting while we run somewhere else is minor and sell them power, we strongly prefer the model we share a significant amount of the the bitcoin mining revenue with our partners. So I think I think we'll expect them to continue in some way. And if we are, I think I would view that as one of the opportunistic ways to drive the efficiency to better play from the miners is through expanding our JVs with our existing and new partners, something it's a thing that we don't we don't we're not expecting any immediate changes to the the JV structures.\nJoe Flynn\nDave has often said that you.\nGreg Beard\nThank you.\nOperator\nThank you. As a reminder, ladies and gentlemen, that's star one to ask the question. Please standby for our next question.Our next question comes from the line of Kevin Dede with H.C. Wainwright. Your line is open.\nKevin Dede\nThanks, hi, Greg, Matt, thanks for having me on. Greg, kind of a I guess, sort of a broad one. I was hoping you would take some time to walk walk me through anyone else. I was curious on on on the carbon capture and the balance of now that you're seeing 14% recovery, a lower cost to deploy the carbon list and the balance of running the plants to generate the ash and the expected revenue off? It's a big question. I know that you're expecting accreditation are on Piro next quarter, which means conceivably you could see revenue in the third quarter. At what point do you think you can just run both plants all out regardless of the PowerCurve?\nGreg Beard\nYes, sort of I can't. That's that's what you're describing is absolutely the goal. And I would say the last three months has been a bit better than confirmatory because it's when you're driving the rate of carbon absorption up. And not only is the is the is the upper potential had moved up and the rate that the Ashes carbonated has moved up. So the not only is it going to require fewer cargo lifts to get the same job done on the cost of this cordless is coming down and labor is coming down. So we're really I think we were very conservative in the early days and I sort of late last year describing the potential of the project, but it's still in a while, and we've made a ton of progress. And every on every assumption has proven to be conservative on so far, but it's still too early. It's still too early to spike the football and say, hey, we're going to have extra more carbonless fully deployed and generating some X amount of revenue related to that sequestration. I think that should happen. I would expect that we'll be in a position to do that in the next quarter. But I think we've got it. We're still testing some just literally dozens of tests a week from now on. Now we're testing this newly redesigned the cover live, never to that as a increased airflow. So I think it's from our vantage point, I think when when we see a plateau in the testing results and we've sort of iterated to the best cargo lift design that maximizes airflow and carbonation. And that also minimizes the CapEx build-out cost. That's when they'll say, hey, now we're ready to do to go ahead and do the build-out. And at that point, we'll describe what the CapEx costs are and what we think we can can sequester. But you're right, the reason to be excited is that this is a revenue stream that when looked at on a on a an offset for power costs, it's going to meaningfully drive the the revenue up and the sort of the average cost per megawatt down, which is that that was the which we've always said that that's even more important than deficiency of the achieves a low power cost. So that's what we're driving toward. So I think it fits standby, give us some give us a, you know, a quarter to continue to refine our results and designs and with those results and designs, we can have accurate CapEx estimates, inaccurate timeframes on share. And I think on the we also disclosed, we are now listed on the bureau registry and I guess they've now begun their quote auditing process, but I think make no mistake about it. This will be a big year for carbon capture and at least at scrubbed graph this year. So that's that's the sum and hopefully will in the next quarter have specifics to share as well. So I'm sorry, we can't tell you exactly per unit and everything. But that's a I can say. We did all that math in December on a hypothetical basis, and it is materially better than what we had initially thought in terms of CapEx speed to carbonate and a new rate of absorption. So let us.\nKevin Dede\nOkay.And finally, you know, I appreciate the color. No need to apologize. Understand. It's a very dynamic situation appreciate all the effort there understand.\nGreg Beard\nWe didn't know that it would we just we just don't want to we don't want to go backward and say, hey, we promised X percent or whatever costs and have it be --\nKevin Dede\nNo, I completely completely understand. There's been enough of that. Maybe maybe a little more insight on associated revenue timing if you are registered by the end of the second quarter as the press release intimated, would that is it fair to assume you could see revenue in the third quarter? Maybe give us a little more insight on that? How are you looking at it?\nGreg Beard\nYes, I would say if we get on the registry we could what we'd hope to do is so our carbon credits in the private market and on a forward looking basis. So I'd say once we have our science and we're confident we can share that with potential buyers of carbon credits and are on the exchange and audited. And I guess then transactable in this way, that then opens up the ability for us to sell if we could sell out then the a certain number of credits and deliver those as we build the project down. So I think it's absolutely right. I think I think if there is a benefit to being on a registry it's fit on and have the process fully vetted out and we can then sell credits before we generate them with an expected time line to deliver them well before we aggregate it in the forward market.\nKevin Dede\nOkay.Okay.That sounds good. Another topic I think has to do with the mention of Champion. Could you just help me understand how champion interfaces between you and PGM. and how you see them helping to deliver those lower power power prices to you before carbon capture, as you know, fully up and running at both plants?\nMatt Smith\nHey, Kevin, it's Matt. So we I would refer you back to our just our December on the press release. And when we when we mentioned that we have been through we've been through deep discussions, constructive discussions with PJM around our data center load banks, co-located the plants. And we have been over the course of the last few months purchasing retail electricity. And when you are in that market from this is when the when the plant is not on which we're working on December, Panther Creek had an outage that we've since come out of and it's been running well. But during that period of time, we were purchasing retail electricity. And at times the the ad or the premium to wholesale can be onerous, which I think you can see in the fourth quarter and fuel and important, our cost Fast Forward, we wanted more visibility and more flexibility when you go into the shoulder here on what was a very warm February natural gas prices are at [$50, $75] versus a year ago when they were twice that. And it's the marginal fuel market. And so we expect single digit to $20 real-time prices in the shorter, potentially, notwithstanding any we have Ukraine, Russia type of real structural items, and you want to be able to purchase power at as low of a cost in real-time markets as you can during that period. And so we have been working on competitive supply agreements for a while to make sure we have ultimate flexibility. And we're very grateful with so to have Calpine Champion Energy Park, Alpine stepped into that role, and we're very excited about the reduced cost of power that will absolutely result from that during periods when we're importing. So that's it's a pretty big, but it will result in a pretty big savings for us.\nKevin Dede\nOkay.So So looking out, we should assume generally, right generally that you're running both plants sort of sort of peak times excess past winter, but maybe through the summer and then off on the shoulder months. Is that a fair assumption, at least for the next year or so?\nMatt Smith\nIf so we are going to run scrubbers, I would say more or less the base cases as a peaker or more than that, depending on carbon mean as we start to monetize carbon potentially and perfect, our design carbon, could it be a step-change in the scrub rest cost of power. But right now, as we're looking at it, the peak price for power the rest of the years in July at 50 bucks ish. And so in that case, you can buy power well below your marginal fuel cost. You do it on this discovery has probably runs as a peaker and Fanta Creek is likely to run as a baseload continue to run as a baseload plant for throughout the year, aside from some potential plant outage time that we're not is not yet in the calendar.\nKevin Dede\nOkay.Any immediate plans to drive the carbo lifts at Panther. Given that you'll have continuous supply of ash.\nMatt Smith\nYou would say we're still switchgrass is nearest term on due to the really high limestone calcium element of the CFV. process there. Once we perfect scrubber asked where we started and we start, we're starting, it will move over to Panther. We don't really see any reasons why why Pandora can't scale as well. But we need to go over and further test the ash, the byproduct beneficial at SaaS. And then ultimately, we can potentially scale both plants so that I would just describe Ross's near term focus because it's it's already started and we have 600 plus acres and there are a lot of benefits, including a very calcium rich nature of the ash. And so we're going to scale as Congress first probably and then move over to standard.\nKevin Dede\nYes, I understand the agri and Grand demand on capital, that's the hinge. But have you considered other sites? Any change in your thinking on that? And if so, what type of time line might you consider?\nGreg Beard\nYes.I think we're on it. We're always looking at other sites and comparing what we have today, does it make sense to us to high-grade our fleet at our current sites? Or should we look at a at new sites, we're constantly sent opportunities review on new sites, but I think the cost of our power is lower than what most of us think that you'll be seeing could achieve. So I think there we have we have no pending or announceable new sites at this point. But we are we are constantly reviewing.\nKevin Dede\nOkay.Fair enough.I'll hop back in the queue, Greg, Becca.\nOperator\nThank you. As a reminder, ladies and gentlemen, that's star one. Wanted to ask a question. Please standby for our next question. We have a follow-up question from the line of Lucas Pipes with B. Riley. Your line is open.\nLucas Pipes\nThank you very much, operator, and thanks for taking my follow-up question, Greg, there's a lot of talk about shortages of power and given demands not only from bitcoin mining but also AI applications. To what extent are you receiving inbound given your direct access to power and land package.Thank you very much.\nGreg Beard\nYes, I would say we do have interest from inbound enough, but I would say the from the recent run-up in bitcoin price and hash price. It's an attractive business to run right now. We'll see what happens post others having dash price and Bitcoin price. But I think if Bitcoin or to be now outlawed from the earth there is there are multiple purposes for you have 40,000 fully built-out plugs that have a computing capacity available given what's happening in the world of AI as well so that we are we're confident that the all of the infrastructure that we were running that we built with access to the power and that, that redundancy is a valuable infrastructure assets.\nLucas Pipes\nThank you, Matt. A quick quick question on the whiskey, the Tango slide. If you've been in public markets for a long time, how do you explain these d Last 60 Days of Bitcoin's Closing Prices: [43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-07 Financial & Commodity Data: - Gold Closing Price: $2158.00 - Crude Oil Closing Price: $78.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,313,962,513,650 - Hash Rate: 710022770.2513928 - Transaction Count: 436344.0 - Unique Addresses: 714978.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Grifols SA is pushing back against a report by Gotham City Research LLC that alleged the company has overstated profit and misstated its accounting, which sparked a record one-day selloff in the shares. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts The Barcelona-based blood plasma company said all the transactions mentioned in the short seller’s report were recorded and presented to regulatory authorities in Spain and the US. “There’s no new information that can be considered hidden,” Grifols said in a filing on Tuesday. The accounting treatment given to deals such as the sale of Haema and Biotest Pharmaceuticals Corp. to Scranton Enterprises BV, a vehicle related to the founding family, was fully endorsed by auditor KPMG, the company said. Gotham City had said that because of this transfer none of the revenues of the two companies were available to Grifols or its creditors to pay back debt. Even so, investors were clearly spooked by the short-seller allegations. The stock plunged 26%, wiping out about €2.2 billion ($2.4 billion) of market value. At one point, it was down as much as 43% during the trading session. More than 26 million shares changed hands, compared with a daily average of about 1.5 million. Grifols is planning a management call with investors on Wednesday in an effort to reassure investors, according to analyst reports. The company declined to comment on whether its holding a call, but said in the filing that it would issue another statement relating to other aspects of the business that were criticized in the report. In their report, Gotham City said the stock market “appears to fundamentally misunderstand the company” and said Grifols artificially reduced leverage by consolidating earnings of units it doesn’t control. Story continues Analysts who cover Grifols viewed the report with skepticism, with some saying that the fund’s allegations weren’t new. “No one who knows the story should be surprised by this,” wrote Patricia Cifuentes, an analyst at Bestinver Securities, adding that she’s been adjusting the company’s leverage ratios for years and the off-balance sheet debt is well known. The Spanish company has long faced concerns about its business and strategy for growing through debt-funded deals. In recent months, the stock has rebounded as the company took steps to sell assets and cut debt, reaching a deal to sell most of its stake in Shanghai RAAS Blood Products Co. to a Chinese company for about $1.8 billion. About 2.6% of Grifols shares have been borrowed and sold short, according to S&P Global Market Intelligence data. That’s down from a peak of about 10% in March. Grifols is also planning to repay its €1.84 billion of bonds due in 2025 using existing cash and money from the stake sale, according to a person familiar with the matter, adding it doesn’t need to access markets to refinance the debt. A representative for the company declined to comment on the repayment plans. Gotham City Research, run by Daniel Yu and Cyrus de Weck, is the publishing arm of General Industrial Partners, a hedge fund that launched when Gotham City and short selling fund Portsea Asset Management combined. Last year, the firm targeted French electronic price-tag maker SES-Imagotag SA. The stock has fallen about 24% since Gotham’s report. --With assistance from Bruce Douglas and Irene García Pérez. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Is There Any Hope for Hollywood? Elon Musk’s Alleged Drug Use Comes Under a Microscope Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['As the presidential race is heating up and crypto continues its bull run, it only makes sense to see the two combine. There have been a variety of crypto projects over the past several months that combine meme coins, crypto, politics and an overall sense of eccentricity. These projects are paving a new asset class that some are calling "PoliFi."\nWhile there have been some popular crypto-political projects in the past, such asTrump Digital Trading Cards, the newest fad has been to create meme coins revolving around presidential candidates. Two of the most recent tokens created are doland tremp (tremp) and jeo boden (Boden). And yes, that is how the tokens are spelled.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe tokens, created on the Solana chain, have seen huge price increases over the past week. Since tremp\'s launch on Feb. 27, the token has gone from $0.0001 to a high of $0.1393 on March 7, marking an increase of 139,200%. Boden was launched on March 3 and has seen a similar price increase. It began trading for $0.00004 but reached a high of $0.076 on March 7. This means that boden appreciated more than 189,900% in just three days.\nThe political meme coins seem to be a way for investors to place wagers on elections. Steven Steele, marketing director ofMAGA Coin (TRUMP), said that PoliFi has "evolved to become this kind of de facto betting market on the election for many investors." TRUMP in particular saw its price appreciate when Trump performed well in primary elections.\nTremp and boden are only two of the many meme coins that have popped up on the Solana chain in the past months. Popular tokens Bonk (BONK) and dogwifhat (WIF) have been hits in the crypto community, garnering huge amounts of attention and investment.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nThe tokens do not even try to be serious. The websites for bothbodenandtrempare fraught with memes, intentionally misspelled words and crudely drawn pictures of the candidates. However, this may be more of an attractor to the tokens than you may think. While some may view the tokens as a way to wager on the outcome of the election, others see it as a fun game to throw a few extra dollars into.\nA $10 investment into boden when the project first started would be worth $19,000 now. Not too bad for those who were able to get in early.\nWith tons of stories coming out of both crypto and politics, perhaps none are as off center as the recent PoliFi meme coins of tremp and boden.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleJoe Biden and Donald Trump Both Have Their Own Memecoins, and They\'re up 100,000%+ This Weekoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,952.33", "AUM ($, mm)": "497,734.03", "AUM % Change": "0.39%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "788.29", "AUM ($, mm)": "11,448.70", "AUM % Change": "6.89%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "685.13", "AUM ($, mm)": "417,060.09", "AUM % Change": "0.16%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "627.73", "AUM ($, mm)": "34,352.20", "AUM % Change": "1.83%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "414.15", "AUM ($, mm)": "252,283.68", "AUM % Change": "0.16%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "396.62", "AUM ($, mm)": "20,822.89", "AUM % Change": "1.90%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "370.51", "AUM ($, mm)": "4,249.66", "AUM % Change": "8.72%"}, {"Ticker": "MDYG", "Name": "SPDR S&P 400 Mid Cap Growth ETF", "Net Flows ($, mm)": "314.15", "AUM ($, mm)": "2,839.91", "AUM % Change": "11.06%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "306.95", "AUM ($, mm)": "1,744.01", "AUM % Change": "17.60%"}, {"Ticker": "IBB", "Name": "iShares Biotechnology ETF", "Net Flows ($, mm)": "247.16", "AUM ($, mm)": "7,964.11", "AUM % Change": "3.10%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-773.46", "AUM ($, mm)": "375,159.98", "AUM % Change": "-0.21%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "-405.43", "AUM ($, mm)": "405.43", "AUM % Change": "-100.00%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-366.75", "AUM ($, mm)": "61,746.27", "AUM % Change": "-0.59%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-332.54", "AUM ($, mm)": "25,373.95", "AUM % Change": "-1.31%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-276.72", "AUM ($, mm)": "56,074.72", "AUM % Change": "-0.49%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-256.89", "AUM ($, mm)": "63,514.36", "AUM % Change": "-0.40%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-217.71", "AUM ($, mm)": "17,202.07", "AUM % Change": "-1.27%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-156.91", "AUM ($, mm)": "15,213.95", "AUM % Change": "-1.03%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-154.49", "AUM ($, mm)": "32,633.34", "AUM % Change": "-0.47%"}, {"Ticker": "SQQQ", "Name": "ProShares UltraPro Short QQQ", "Net Flows ($, mm)": "-152.92", "AUM ($, mm)": "3,216.95", "AUM % Change": "-4.75%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "0.93", "AUM ($, mm)": "7,015.51", "% of AUM": "0.01%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "14.74", "AUM ($, mm)": "17,426.65", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-377.59", "AUM ($, mm)": "127,713.31", "% of AUM": "-0.30%"}, {"": "Currency", "Net Flows ($, mm)": "690.99", "AUM ($, mm)": "53,370.80", "% of AUM": "1.29%"}, {"": "International Equity", "Net Flows ($, mm)": "479.69", "AUM ($, mm)": "1,419,711.99", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-0.70", "AUM ($, mm)": "174,314.52", "% of AUM": "0.00%"}, {"": "Inverse", "Net Flows ($, mm)": "-45.69", "AUM ($, mm)": "14,104.93", "% of AUM": "-0.32%"}, {"": "Leveraged", "Net Flows ($, mm)": "459.20", "AUM ($, mm)": "90,138.57", "% of AUM": "0.51%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "4,311.97", "AUM ($, mm)": "5,288,296.37", "% of AUM": "0.08%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,863.89", "AUM ($, mm)": "1,375,668.18", "% of AUM": "0.14%"}, {"": "Total:", "Net Flows ($, mm)": "7,397.44", "AUM ($, mm)": "8,567,760.83", "% of AUM": "0.09%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Leadingcryptocurrency mining specialistssaw skyrocketing stock returns in February 2024.According to data from S&P Global Market Intelligence,Riot Platforms(NASDAQ: RIOT)posted a 29.5% gain whileMarathon Digital Holdings(NASDAQ: MARA)rose by 46.1%.CleanSpark(NASDAQ: CLSK)led the charge with a 107.7% jump.\nAll three rode the coattails ofBitcoin(CRYPTO: BTC), the largest and oldest cryptocurrency on the market and the actual digital asset Marathon, CleanSpark, and Riot are generating in their daily operations. Bitcoin\'s price increased by 45.9% last month. On top of that, the three Bitcoin miners all reported fourth-quarter results in February, and each report either boosted or busted the crypto mining sector\'s returns to some degree.\nFirst, Bitcoin is sandwiched between two robust price-boosting catalysts.\nThe 11 Bitcoin-based exchange-traded funds (ETFs) that were approved in January were a drag on Bitcoin prices at first, but their active buying of digital currency coins has turned into a tailwind recently. TheGrayscale Bitcoin Trust(NYSEMKT: GBTC)has dropped from $28.6 billion to $27.5 billion of assets under management, as investors seek ETFs with leaner fee structures. On the other hand,iShares Bitcoin Trust(NASDAQ: IBIT),Fidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC),Ark 21Shares Bitcoin ETF(NYSEMKT: ARKB), andBitwise Bitcoin ETF(NYSEMKT: BITB)all started from zero on Jan. 12. Today, the Bitcoin assets of the four largest ETFs not named Grayscale add up to a cool $23 billion. That\'s a hefty amount of newfound demand, reshuffling the location of roughly 344,000 Bitcoin coins on short notice.\nOn the flipside, the next halving of Bitcoin mining rewards is scheduled for late April. These pre-planned events take place once every four years, give or take a couple of months, shaking up the economics of Bitcoin mining and enforcing the lifetime limit of 21 million coins, max. Every halving so far has inspired huge price gains over the following 12 to 18 months, and the next crypto winter starts after those post-halving peaks. Past patterns are no guarantee of future market behavior, but this particular template is more reliable than most. I\'m talking about hard-coded changes to how the Bitcoin blockchain network runs, with direct and predictable effects on the digital currency\'s market price. And the next one is coming up in about six weeks.\nSoBitcoin is on a roll, providing plenty of fuel for related stocks such as the crypto miners listed earlier.\nWhat about those earnings reports, though? Here\'s a brief overview of how the three miners performed, and how Wall Street reacted the next day:\n[{"Bitcoin-Mining Stock": "Marathon", "Earnings Surprise": "N/A (Negative earnings, positive estimates)", "Revenue Surprise": "9%", "Next-Day Stock Move": "(17%)"}, {"Bitcoin-Mining Stock": "Riot", "Earnings Surprise": "270%", "Revenue Surprise": "(7%)", "Next-Day Stock Move": "(6%)"}, {"Bitcoin-Mining Stock": "CleanSpark", "Earnings Surprise": "79%", "Revenue Surprise": "5%", "Next-Day Stock Move": "7%"}]\nAnalyst data from Benzinga. Market data from Yahoo! Finance.\nAs you can see, each earnings report pushed the related stock significantly higher or lower, depending on the quality of the results. In particular, Marathon\'s negative earnings threw ice water on the whole mining industry -- the three miners under my microscope all fell 7% or more the next day.\nThe crypto miner volatility isn\'t going away anytime soon. Riot, CleanSpark, and Marathon are investing every penny they can spare in more mining facilities and expanded machine parks.\nRiot\'s hash rate (a measure of the computing power it focuses on Bitcoin mining operations) is expected to increase from 31.5 exahashes per second (EH/s) at the end of 2023 to 40.8 EH/s one year later. Marathon\'s computing power should rise from 24.7 to 36 EH/s over the same period. CleanSpark is a bit smaller with just 10.1 EH/s in December, aiming for 20 EH/s by the end of June and 32 EH/s by year end.\nRiot maintains a squeaky-clean balance sheet with zero long-term debt and $597 million in cash equivalents. Marathon recently paid down its debt balance from $750 million to $325 million while tripling its cash reserves. CleanSpark sits between those extremes with a small cash account and near-zero debt.\nIn light of these balance sheet differences, Riot strikes me as the safest of these inherently risky stocks, and its stock has indeed been less volatile in recent months. Marathon and CleanSpark come with greater financial risk, amplifying the highest highs and lowest lows along the way.\nAll things considered, I\'d rather own Bitcoin or one of the spot-price ETFs than any of the crypto miners. I just get more sleep that way. Your mileage may vary, and all three stocks stand far below their three-year highs after February\'s jumps.\nJust promise you\'ll be careful out there, dear reader, making small investments in these volatile tickers as part of a properly diversified portfolio. I would not recommend betting the literal farm on any of the Bitcoin miners, nor on Bitcoin itself.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nAnders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, and Grayscale Bitcoin Trust (BTC). The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy Bitcoin Miners Marathon, Riot, and CleanSpark Soared in Februarywas originally published by The Motley Fool', 'Leadingcryptocurrency mining specialistssaw skyrocketing stock returns in February 2024.According to data from S&P Global Market Intelligence,Riot Platforms(NASDAQ: RIOT)posted a 29.5% gain whileMarathon Digital Holdings(NASDAQ: MARA)rose by 46.1%.CleanSpark(NASDAQ: CLSK)led the charge with a 107.7% jump.\nAll three rode the coattails ofBitcoin(CRYPTO: BTC), the largest and oldest cryptocurrency on the market and the actual digital asset Marathon, CleanSpark, and Riot are generating in their daily operations. Bitcoin\'s price increased by 45.9% last month. On top of that, the three Bitcoin miners all reported fourth-quarter results in February, and each report either boosted or busted the crypto mining sector\'s returns to some degree.\nFirst, Bitcoin is sandwiched between two robust price-boosting catalysts.\nThe 11 Bitcoin-based exchange-traded funds (ETFs) that were approved in January were a drag on Bitcoin prices at first, but their active buying of digital currency coins has turned into a tailwind recently. TheGrayscale Bitcoin Trust(NYSEMKT: GBTC)has dropped from $28.6 billion to $27.5 billion of assets under management, as investors seek ETFs with leaner fee structures. On the other hand,iShares Bitcoin Trust(NASDAQ: IBIT),Fidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC),Ark 21Shares Bitcoin ETF(NYSEMKT: ARKB), andBitwise Bitcoin ETF(NYSEMKT: BITB)all started from zero on Jan. 12. Today, the Bitcoin assets of the four largest ETFs not named Grayscale add up to a cool $23 billion. That\'s a hefty amount of newfound demand, reshuffling the location of roughly 344,000 Bitcoin coins on short notice.\nOn the flipside, the next halving of Bitcoin mining rewards is scheduled for late April. These pre-planned events take place once every four years, give or take a couple of months, shaking up the economics of Bitcoin mining and enforcing the lifetime limit of 21 million coins, max. Every halving so far has inspired huge price gains over the following 12 to 18 months, and the next crypto winter starts after those post-halving peaks. Past patterns are no guarantee of future market behavior, but this particular template is more reliable than most. I\'m talking about hard-coded changes to how the Bitcoin blockchain network runs, with direct and predictable effects on the digital currency\'s market price. And the next one is coming up in about six weeks.\nSoBitcoin is on a roll, providing plenty of fuel for related stocks such as the crypto miners listed earlier.\nWhat about those earnings reports, though? Here\'s a brief overview of how the three miners performed, and how Wall Street reacted the next day:\n[{"Bitcoin-Mining Stock": "Marathon", "Earnings Surprise": "N/A (Negative earnings, positive estimates)", "Revenue Surprise": "9%", "Next-Day Stock Move": "(17%)"}, {"Bitcoin-Mining Stock": "Riot", "Earnings Surprise": "270%", "Revenue Surprise": "(7%)", "Next-Day Stock Move": "(6%)"}, {"Bitcoin-Mining Stock": "CleanSpark", "Earnings Surprise": "79%", "Revenue Surprise": "5%", "Next-Day Stock Move": "7%"}]\nAnalyst data from Benzinga. Market data from Yahoo! Finance.\nAs you can see, each earnings report pushed the related stock significantly higher or lower, depending on the quality of the results. In particular, Marathon\'s negative earnings threw ice water on the whole mining industry -- the three miners under my microscope all fell 7% or more the next day.\nThe crypto miner volatility isn\'t going away anytime soon. Riot, CleanSpark, and Marathon are investing every penny they can spare in more mining facilities and expanded machine parks.\nRiot\'s hash rate (a measure of the computing power it focuses on Bitcoin mining operations) is expected to increase from 31.5 exahashes per second (EH/s) at the end of 2023 to 40.8 EH/s one year later. Marathon\'s computing power should rise from 24.7 to 36 EH/s over the same period. CleanSpark is a bit smaller with just 10.1 EH/s in December, aiming for 20 EH/s by the end of June and 32 EH/s by year end.\nRiot maintains a squeaky-clean balance sheet with zero long-term debt and $597 million in cash equivalents. Marathon recently paid down its debt balance from $750 million to $325 million while tripling its cash reserves. CleanSpark sits between those extremes with a small cash account and near-zero debt.\nIn light of these balance sheet differences, Riot strikes me as the safest of these inherently risky stocks, and its stock has indeed been less volatile in recent months. Marathon and CleanSpark come with greater financial risk, amplifying the highest highs and lowest lows along the way.\nAll things considered, I\'d rather own Bitcoin or one of the spot-price ETFs than any of the crypto miners. I just get more sleep that way. Your mileage may vary, and all three stocks stand far below their three-year highs after February\'s jumps.\nJust promise you\'ll be careful out there, dear reader, making small investments in these volatile tickers as part of a properly diversified portfolio. I would not recommend betting the literal farm on any of the Bitcoin miners, nor on Bitcoin itself.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nAnders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, and Grayscale Bitcoin Trust (BTC). The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy Bitcoin Miners Marathon, Riot, and CleanSpark Soared in Februarywas originally published by The Motley Fool', 'Bitcoin\'s recent price surge to new highs has some experts worried, including JPMorgan Chase\'s chief market strategist Marko Kolanovic. In a research note, Kolanovicreportedlyexpressed concern that the rally in Bitcoin and other digital assets could hinder the Federal Reserve\'s ability to loosen monetary policy.\nKolanovic argues that Bitcoin\'s jump above $60,000 "may keep monetary policy higher for longer." His reasoning is that premature interest rate cuts could further inflate asset prices or reignite inflation.\nBitcoin\'s recent performance stands in contrast to the broader market reaction to the Fed\'s decision to maintain current interest rates. While stocks and other assets dipped on the news, Bitcoin remained relatively stable. This stability comes after a strong start to the year, with Bitcoin currently up nearly 9% and briefly touching a new all-time high on major exchanges.\nThe confluence of factors driving Bitcoin\'s price increase includes the anticipated loosening of monetary policy, the success of Bitcoin ETFs, and the upcoming Bitcoin halving – an event historically linked to price increases. However, the asset\'s volatility and potential to overheat are cause for concerns, potentially delaying the policy changes some investors are hoping for.', 'Bitcoin\'s recent price surge to new highs has some experts worried, including JPMorgan Chase\'s chief market strategist Marko Kolanovic. In a research note, Kolanovicreportedlyexpressed concern that the rally in Bitcoin and other digital assets could hinder the Federal Reserve\'s ability to loosen monetary policy.\nKolanovic argues that Bitcoin\'s jump above $60,000 "may keep monetary policy higher for longer." His reasoning is that premature interest rate cuts could further inflate asset prices or reignite inflation.\nBitcoin\'s recent performance stands in contrast to the broader market reaction to the Fed\'s decision to maintain current interest rates. While stocks and other assets dipped on the news, Bitcoin remained relatively stable. This stability comes after a strong start to the year, with Bitcoin currently up nearly 9% and briefly touching a new all-time high on major exchanges.\nThe confluence of factors driving Bitcoin\'s price increase includes the anticipated loosening of monetary policy, the success of Bitcoin ETFs, and the upcoming Bitcoin halving – an event historically linked to price increases. However, the asset\'s volatility and potential to overheat are cause for concerns, potentially delaying the policy changes some investors are hoping for.', '• US stocks climbed Thursday following Jerome Powell\'s testimony to Congress.\n• The S&P 500 and Nasdaq both hit record highs in trading.\n• Traders on Friday will be assessing the February nonfarm payroll report.\nUS stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year.\nIn his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won\'t begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy.\nThe economy has proved resilient so far despite monetary policy tightening, in Powell\'s view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate.\nThe S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively.\nNvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple\'s market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy.\nMeanwhile, Thursday\'s jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations.\nTraders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January.\nOptimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America\'s top brass.Business Roundtable\'s quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years.\nAcross the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,157.34, up 1.03%\n• Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points)\n• Nasdaq Composite:16,273.38, up 1.51%\nHere\'s what else is going on:\n• The stock market\'s most popular valuation tool isonly useful for the long term, an equity strategist said.\n• Bitcoin is replacing goldin many investors\' portfolios.\n• Today\'s stock market ismissing two key bubble ingredients.\n• Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024.\n• China has snapped up a huge amount of gold for16 months in a row.\n• JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly.\nIn commodities, bonds, and crypto:\n• Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel.\n• Goldedged higher 0.4% to $2,166.70 per ounce.\n• The10-year Treasury yieldedged lower to 4.09%.\n• Bitcoinclimbed 0.47% to $67,512.\nRead the original article onBusiness Insider', 'UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nSingapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nBinance Labs’ investment underscores its commitment to supporting innovative projects like UXUY, selected from a competitive pool of over 1,000 projects. This strategic partnership will fuel UXUY’s development initiatives, particularly within the Bitcoin Layer2 ecosystem.\nAs part of Binance Labs’ Season 6 Incubation Program, UXUY distinguished itself as a beacon of excellence. This recognition earned UXUY an exclusive invitation to participate in the prestigious Istanbul Binance Blockchain Week, where the team delivered specialized speeches.\nUXUY’s collaboration with Binance Web3 Wallet signifies a deepening commitment to fostering decentralized solutions. Together, they are actively promoting the advancement of Inscription and decentralized indexers, amplifying the accessibility and functionality of blockchain technology.\nA trailblazer in the Bitcoin ecosystem, UXUY has pioneere groundbreaking initiatives, including the world’s first Lightning Network-based Launchpad. By operating Lightning Network nodes, UXUY has set a new standard for decentralized exchange platforms.\nMoreover, UXUY’s introduction of Lightning Address DID services and comprehensive support for Bitcoin Taproot assets solidifies its status as a core contributor to Lightning Labs. Through continuous innovation and infrastructure improvements, UXUY is shaping the future of the Bitcoin ecosystem.\nUXUY’s recent seed round financing of $3.2 million, with participation from esteemed institutions such as Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Mexc Ventures, and Pionex, underscores investor confidence in its vision and capabilities.\nWith the backing of Binance Labs and a stellar track record of innovation, UXUY is poised for exponential growth and continued leadership in the development of the Bitcoin Lightning Network ecosystem.\nCONTACT: Jordan L Email: jordan-at-uxuy.com', 'UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nSingapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.\nBinance Labs’ investment underscores its commitment to supporting innovative projects like UXUY, selected from a competitive pool of over 1,000 projects. This strategic partnership will fuel UXUY’s development initiatives, particularly within the Bitcoin Layer2 ecosystem.\nAs part of Binance Labs’ Season 6 Incubation Program, UXUY distinguished itself as a beacon of excellence. This recognition earned UXUY an exclusive invitation to participate in the prestigious Istanbul Binance Blockchain Week, where the team delivered specialized speeches.\nUXUY’s collaboration with Binance Web3 Wallet signifies a deepening commitment to fostering decentralized solutions. Together, they are actively promoting the advancement of Inscription and decentralized indexers, amplifying the accessibility and functionality of blockchain technology.\nA trailblazer in the Bitcoin ecosystem, UXUY has pioneere groundbreaking initiatives, including the world’s first Lightning Network-based Launchpad. By operating Lightning Network nodes, UXUY has set a new standard for decentralized exchange platforms.\nMoreover, UXUY’s introduction of Lightning Address DID services and comprehensive support for Bitcoin Taproot assets solidifies its status as a core contributor to Lightning Labs. Through continuous innovation and infrastructure improvements, UXUY is shaping the future of the Bitcoin ecosystem.\nUXUY’s recent seed round financing of $3.2 million, with participation from esteemed institutions such as Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Mexc Ventures, and Pionex, underscores investor confidence in its vision and capabilities.\nWith the backing of Binance Labs and a stellar track record of innovation, UXUY is poised for exponential growth and continued leadership in the development of the Bitcoin Lightning Network ecosystem.\nCONTACT: Jordan L Email: jordan-at-uxuy.com', 'In the crypto market,the most popular meme coins have skyrocketed in valuewithin a remarkably short period of time.Shiba Inu(CRYPTO: SHIB), for example, is now up more than 300% over the past 30 days.\nIn a single 24-hour period, it was up more than 45%. Even with these incredible recent gains, Shiba Inu is still trading 50% below its all-time high, leading some investors to think that it could have plenty more room to run.\nThat might be the case, but I\'m still buyingBitcoin(CRYPTO: BTC)instead. Yes, you can argue that Bitcoin is also overheating as it hits a new all-time high, but there are three fundamental factors that make it a much better buy than Shiba Inu.\nThe starting point for any comparison ofShiba Inuand Bitcoin needs to be utility. The former is a meme coin with no real use. As such, its ability to soar in value is often based on nothing more than hype, speculative buzz, and the desire of many crypto investors to get rich quick.\nWould you invest in a company that has no underlying assets and no real strategy for growth? If the answer is no, then Shiba Inu is probably not for you.\nIn contrast, Bitcoin adoption is growing on a global scale, and new uses are continually emerging. ARK Invest now tracks eight separate use cases.\nFor example, some investors now refer to Bitcoin as "digital gold," because it can serve the same purposes as physical gold: as a hedge against inflation and a long-term store of value. During economic uncertainty, it can also be a safe-haven asset.\nTo understand the price dynamics of Shiba Inu and Bitcoin, just consider the total circulating supply of both coins. Bitcoin\'s total lifetime supply is capped at 21 million coins, and 19.7 million of these are already in circulation.\nRoughly speaking, nearly all of the Bitcoin that can ever exist already exists. So as demand for Bitcoin grows over time, this relative scarcity is going to exert a significant impact on its future price.\nWe\'re already starting to see this with the adoption of the new spot Bitcoin exchange-traded funds (ETFs). If you compare the amount of Bitcoin that gets created (i.e. "mined") on a single day, and then compare it to the amount of money that is flowing into the new ETFs every day, it\'s obvious why the price of Bitcoin has been soaring of late.\nOn any given day, demand for Bitcoin is approximately 10 times higher than the new supply of Bitcoin. We\'re reaching a point where some are warning that there is simply not enough Bitcoin to go around.\nIn contrast, the supply of Shiba Inu is nearly unlimited. There are now 589 trillion coins in circulation, making it nearly a mathematical impossibility for the crypto to ever break through the $1 price level. For that to happen, it would need to have an implied market cap of $589 trillion, which is roughly 300 times the market cap of a company likeAmazon(NASDAQ: AMZN).\nShiba Inu has initiated a massive coin-burning strategy to reduce supply, but it simply can\'t burn coins fast enough to make a difference.\nLastly, mention needs to be made of the massive Wall Street and institutional investor support behind Bitcoin right now. The approval of the new spot Bitcoin ETFs in January was a watershed moment for the crypto industry.\nIt shows that the largest asset managers in the world -- such asBlackRock(NYSE: BLK)and Fidelity Investments -- are now behind Bitcoin. Over time, that institutional support will eventually lead to higher portfolio allocations to Bitcoin, helping to push up its price.\nThat type of institutional investor support simply does not exist for Shiba Inu. It\'s hard to imagine any responsible investment advisor recommending a portfolio allocation of any significance to meme coins such as Shiba Inu.\nThat being said, this might be your last chance to turn a profit on any Shiba Inu you are holding from the last crypto bull market rally. A number of leading indicators are now flashing red, suggesting that the current meme coin mega-rally for Shiba Inu might be short-lived at best. As a result, I\'m buying Bitcoin and ignoring all the speculative froth with meme coins right now.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon and Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Up 300% Over the Past Month. Here\'s Why You Should Buy Bitcoin Instead.was originally published by The Motley Fool', 'In the crypto market,the most popular meme coins have skyrocketed in valuewithin a remarkably short period of time.Shiba Inu(CRYPTO: SHIB), for example, is now up more than 300% over the past 30 days.\nIn a single 24-hour period, it was up more than 45%. Even with these incredible recent gains, Shiba Inu is still trading 50% below its all-time high, leading some investors to think that it could have plenty more room to run.\nThat might be the case, but I\'m still buyingBitcoin(CRYPTO: BTC)instead. Yes, you can argue that Bitcoin is also overheating as it hits a new all-time high, but there are three fundamental factors that make it a much better buy than Shiba Inu.\nThe starting point for any comparison ofShiba Inuand Bitcoin needs to be utility. The former is a meme coin with no real use. As such, its ability to soar in value is often based on nothing more than hype, speculative buzz, and the desire of many crypto investors to get rich quick.\nWould you invest in a company that has no underlying assets and no real strategy for growth? If the answer is no, then Shiba Inu is probably not for you.\nIn contrast, Bitcoin adoption is growing on a global scale, and new uses are continually emerging. ARK Invest now tracks eight separate use cases.\nFor example, some investors now refer to Bitcoin as "digital gold," because it can serve the same purposes as physical gold: as a hedge against inflation and a long-term store of value. During economic uncertainty, it can also be a safe-haven asset.\nTo understand the price dynamics of Shiba Inu and Bitcoin, just consider the total circulating supply of both coins. Bitcoin\'s total lifetime supply is capped at 21 million coins, and 19.7 million of these are already in circulation.\nRoughly speaking, nearly all of the Bitcoin that can ever exist already exists. So as demand for Bitcoin grows over time, this relative scarcity is going to exert a significant impact on its future price.\nWe\'re already starting to see this with the adoption of the new spot Bitcoin exchange-traded funds (ETFs). If you compare the amount of Bitcoin that gets created (i.e. "mined") on a single day, and then compare it to the amount of money that is flowing into the new ETFs every day, it\'s obvious why the price of Bitcoin has been soaring of late.\nOn any given day, demand for Bitcoin is approximately 10 times higher than the new supply of Bitcoin. We\'re reaching a point where some are warning that there is simply not enough Bitcoin to go around.\nIn contrast, the supply of Shiba Inu is nearly unlimited. There are now 589 trillion coins in circulation, making it nearly a mathematical impossibility for the crypto to ever break through the $1 price level. For that to happen, it would need to have an implied market cap of $589 trillion, which is roughly 300 times the market cap of a company likeAmazon(NASDAQ: AMZN).\nShiba Inu has initiated a massive coin-burning strategy to reduce supply, but it simply can\'t burn coins fast enough to make a difference.\nLastly, mention needs to be made of the massive Wall Street and institutional investor support behind Bitcoin right now. The approval of the new spot Bitcoin ETFs in January was a watershed moment for the crypto industry.\nIt shows that the largest asset managers in the world -- such asBlackRock(NYSE: BLK)and Fidelity Investments -- are now behind Bitcoin. Over time, that institutional support will eventually lead to higher portfolio allocations to Bitcoin, helping to push up its price.\nThat type of institutional investor support simply does not exist for Shiba Inu. It\'s hard to imagine any responsible investment advisor recommending a portfolio allocation of any significance to meme coins such as Shiba Inu.\nThat being said, this might be your last chance to turn a profit on any Shiba Inu you are holding from the last crypto bull market rally. A number of leading indicators are now flashing red, suggesting that the current meme coin mega-rally for Shiba Inu might be short-lived at best. As a result, I\'m buying Bitcoin and ignoring all the speculative froth with meme coins right now.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of February 26, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon and Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Up 300% Over the Past Month. Here\'s Why You Should Buy Bitcoin Instead.was originally published by The Motley Fool', "Warren Buffettonce saidthe most important decision you can make is who you choose to marry. In Kyle Rebolledo’s case, this couldn’t be more true.\nThe 41-year-old Florida woman took toTikTokto detail how her husband completely decimated their savings. Rebolledo said she had everything in 2021: amortgage-freehome, $500,000 in the bank and zerocredit card debt. But now, that’s all gone.\n“I’m contemplating bankruptcy,” she revealed.\nShe wouldn't be alone: bankruptcy filings in the U.S. surged by 18% in 2023, according to astudyfrom bankruptcy data provider Epiq AACER. In total, the study concluded, filings rose to 445,168 last year — up from 378,390 in 2022.\n• Anything can happen in 2024. Try these5 easy money hacks to help you make and save thousands of dollars in the new year(they will only take seconds)\n• Don't let high car insurance rates drain your bank account— Find how you can pay as low as $29 a month\n• Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors canbecome the landlord of Walmart, Whole Foods or Kroger\nRebolledo added in afollow-up videothat she’s in this situation because her husband spent all their money — and he not only tickedheroff, but the Feds as well. She said her ex was described by authorities as a “con artist” and had been arrested for financial crimes.\nThough Rebolledo’s situation is a severe case, financial infidelity isn’t all that uncommon. Nearly half of people in relationships admitted to financial deceit — including hiding outstanding credit card balances and expensive purchases — according to a recentsurveyfrom Bread Financial.\nSo, what can you do to ensure your significant other doesn't commit financial infidelity?\nRebolledo still isn’t sure how her husband managed to spend all their money. But she said inanother videothat she thinks he might have lost it by investing incryptocurrency.\nCrypto has become a common financial secret within relationships. Bread Financial’s survey revealed that 16% of people (12% of men and 4% of women) admitted to hidden crypto ownerships. Though the survey didn’t delve into the whys, it’s likely because cryptocurrency is often considered a risky investment and respondents didn’t want to risk upsetting their partners.\nCharlie Munger, the late right-hand man ofWarren Buffett, famously bashed crypto at a 2023 conference, stating that it had too much “hype.” He even called for an outright ban of it in a Wall Street Journal op-ed, calling it a “gambling contract.”\nCryptocurrencies are a particularly volatile investment. Although some have gone bullish on the commodity — such as CNBC’sJim Cramer— there are still plenty of skeptics.\nThis is likely due to the unstable nature of the crypto market. In 2022, CNBCreportedthatBitcoinhad dropped more than 60%, alongside a huge nose-dive of the entire cryptocurrency market amidst theFTXimplosion.\nBecause crypto is considered so risky, it may be contentious between two people in a relationship, making it a prime candidate for a hidden financial decision.\nA good way to ensure that your partner doesn’t blow all your money on crypto is by discussing both of yourinvestment risk tolerances. That way, you can talk about what is considered an acceptable investment for the two of you and to avoid any secret ones down the road.\nRead more:No landlord? No problem! Explorehassle-free real estate investments\nRebolledo’s husband took complete control of their finances. She’d assumed he was paying thecredit cardbills on time, but he never paid them at all. Because her name was on several of the cards, she said her credit score dropped from 740 to the mid-500s.\nPlus, she mentioned in yet anothervideothat they’d never had a joint account until 2022 — 11 years after they got married. There was almost no financial transparency in their relationship.\nA lack of openness around money may be a sign offinancial infidelity. Bread Financial’s survey discovered that 48% of respondents uncovered a surprise when they started sharing one or more bank accounts with their partner.\nThough some found good news, others found frivolousspending habits, badcredit scoresand financial mismanagement.\nConsider asking your partner to show you their financial status — and to show them yours. You want to avoid the kind of financial surprises that Rebolledo found after her husband’s arrest.\n• Ultra-high-net-worth members of exclusive investing groups are putting their money into private equity and real estate.Find out how you can do the same\n• Can Icollect my dead spouse's Social Security and my ownat the same time? Here are 5 secrets o Last 60 Days of Bitcoin's Closing Prices: [46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-08 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,317,687,723,100 - Hash Rate: 607463925.659525 - Transaction Count: 426928.0 - Unique Addresses: 716770.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Carson Group’s decision to limit financial advisor and investor access to four of the 10 new spot bitcoin ETFs is described by one of the biggest cryptocurrency proponents as a responsible strategy in light of the funds' brief track record and inherent risks. “This is a common approach among RIAs, and a smart one,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Carson Group, a $30 billion mega registered investment advisory firm based in Omaha, Nebraska, narrowed the list of spot bitcoin ETFs for use by the firm’s advisors by weighing asset growth, trading volume and fees. Those four funds are the $6.5 billioniShares Bitcoin Trust ETF (IBIT);the $4.76 billionFidelity Wise Origin Bitcoin ETF (FBTC); the $1.18 billionBitwise Bitcoin ETF (BITB),and the $100.6 millionFranklin Bitcoin ETF (EZBC). Grant Engelbart, vice president and investment strategist at Carson Group, said in an interview the narrowed list was approved by an “internal due diligence committee,” and that the decision was based on “a variety of metrics such as institutional adoption, ETF specific characteristics such as assets, expenses, trading characteristics, and firm history in the digital asset space.” Merit Financial Advisors, an Alpharetta, Georgia-based RIA managing $10 billion, is also taking a cautious approach to the new spot bitcoin ETFs. Merit chief investment officer Brian Andrew said they are following the lead of LPL, the nation’s largest independent broker-dealer. "We are limiting purchases to the same products available on LPL,” Andrew said. “They currently are only allowing Grayscale funds. We are in the process of building a policy that will open up the number of funds available based on their volume, ability to track the spot rate and cost.” In the immediate wake of the Jan. 11 launch of the spot bitcoin ETFs a number of major brokerage platformsrefused or restricted access, including Vanguard Group, Citigroup Inc., Bank of America Corp’s Merrill Lynch, State Street Corp., UBS Group AG and Edward Jones. Edelman said there are multiple reasons to limit access to the list of spot bitcoin ETFs that all launched on the same day last month. “It’s more manageable for the practice and shows clients that you’re being both thoughtful and helpful,” he said. “Your due diligence process has done the work for them; improving your value-add to clients. No RIA makes every S&P 500 index fund available for use and there’s no reason to let advisors use all of the spot bitcoin ETFs, either.” Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Tayvu', 'Wtb Szabo Onyx!', 14, '2024-03-08 00:49', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', 'Starting my offer at $1,500 for it Venmo or btc if someone gets it\n\nAlso interested in golds and sapphires, pm me if you’re selling and maybe we can make a deal 🙏', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', '1b996qq', [['u/TheModernSkater', 10, '2024-03-08 01:30', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/ktufxcn/', 'I got 2,000 Zimbabwe dollars... I hear those are hot right now 🤣', '1b996qq']]], ['u/tubbybuzz', 'Very excited about this run', 58, '2024-03-08 01:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/', 'I purchased Bitcoin cards with Bitcoin. Thank you Inness ❤️. I expected getting here to be way harder.\n\nLook pretty good together eh!', 'https://www.reddit.com/gallery/1b9a2l6', '1b9a2l6', [['u/tubbybuzz', 14, '2024-03-08 01:34', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugiyl/', 'Looking for Gold 👀👀👀', '1b9a2l6'], ['u/1redrumemag87', 10, '2024-03-08 01:36', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugsar/', 'Nice my man! Where that gold at?', '1b9a2l6']]], ['u/NightFran1', 'DRAGOON GOT HACKED, ALL HIS VIDEOS ARE GONE', 49, '2024-03-08 01:51', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', 'Report dragoons yt account it now ran by Bitcoin scammers and dont click on any links. We will get this man back.', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', '1b9ahdd', [['u/Glitchy69420', 18, '2024-03-08 02:09', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/ktulu86/', 'How the hell did this happen?! I just my feed and see that I’m subscribed to this channel thinking when I subscribed then I checked the community tab and instantly saw it was Dragoon', '1b9ahdd'], ['u/BetaAdd2000', 10, '2024-03-08 02:48', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/kturvo6/', 'I just saw his account seemingly vanish and see MicroStrategy US instead. I thought it was a recommendation bug, but yes his Community Posts prove that it was Dragoon. WE NEED DRAGOON BACK', '1b9ahdd']]], ['u/Due-Albatross-2253', 'Taking profit', 19, '2024-03-08 01:56', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', 'This is just a reminder that if your on chain when you take profit consider reinvesting it.\n\nI recently took my algos that were piling up from incentives and cashed them in on this recent pump.\n\nI converted them into the USDC/ALGO and BTC/ALGO LP.\n\nThis is a great way to take some profit and help liquidity on the chain. Folks also has some strong apy on some stable assets.\n\nLocking in the profits and getting a yield for it is a win win for you and the chain.', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', '1b9al7o', [['u/Certain_Cranberry_77', 28, '2024-03-08 02:16', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktumw6s/', 'Its like breaking up with your GF but you can still have sex with her once a week. I like it.', '1b9al7o'], ['u/Background-Ad-2102', 18, '2024-03-08 02:25', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktuo94c/', 'Who’s taking profits before we’ve even stepped into the rocket ship? The moon is still thousands of miles away. We haven’t even started ignition.', '1b9al7o']]], ['u/TopRT2', "Seeing some unrealistic hopum as usual. Here's my take, someone who's balls deep in HBAR and actually believe.", 40, '2024-03-08 01:58', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', 'That dude that has 1M+ hbar predicted $2-$5 minimum this cycle. That\'s cute and all, but here\'s my realistic take. \n\nI\'ve personally invested $550k usd total at 15c average, so I\'m not just a talker, I put my money where my mouth is.\n\nHbar ain\'t gonna "moon" at all this cycle, other than the usual pumps following btc. Maybe ~20-25c max this cycle. Bearish prediction? Not even, it\'s realistic. Hbar\'s "moon" will only happen when the masses know about it. The masses will know about it ONLY when piles of real world use cases pop up that\'s too big to ignore, and that will NOT happen this cycle. Moon is sometime within a decade away, hopefully the next bull cycle after this coming bull cycle.\n\nWhich is fine by me because, so long as you have conviction in your investment, you don\'t give a shit how long it takes, you know the moon will come eventually, and you\'ll be there to capitalize on it. Patience is what leads to success in crypto, speaking from experience.', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', '1b9amgc', [['u/GoSabo', 16, '2024-03-08 02:07', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulkvt/', 'Fully agree. But, it’s prudent to keep bag totals confidential.', '1b9amgc'], ['u/freshprinceofbelmont', 37, '2024-03-08 02:08', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulnnp/', '![gif](giphy\|3oz8xLd9DJq2l2VFtu)', '1b9amgc'], ['u/Usual_Extension_7139', 10, '2024-03-08 02:14', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktumjjs/', "If hbar can hit 37 cents it has a real shot of hitting 48 ish cents before any real resistance. I'm guessing 46 cents is the top this cycle. I also don't expect it to crash back down to anything lower than 36 if we hit another bear.", '1b9amgc'], ['u/SupeRFasTTurtlE2', 20, '2024-03-08 02:33', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktupg98/', 'Thing is though, there’s genz involved in HBar and if there’s something they know how to do is use social media to promote their passion(coin). One thing Hedera has stayed away from is advertising, another bull market could generate more advertising. The utility promotes itself, just need eyes to look..', '1b9amgc'], ['u/Expensive-Egg-1561', 10, '2024-03-08 02:44', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktur9uj/', 'Agree with this sentiment.\n\nBeen on this sub for a few years now. Every time the price jumps 10% in a few days, people get on here and start predicting 3000% increases. \n\n30c optimistic target this bull run.', '1b9amgc'], ['u/MD11X6', 40, '2024-03-08 02:50', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktus4uk/', 'So you missed ADA going from 2c to $3.50+ last cycle? Sorry, but if ADA can do that, anything can.', '1b9amgc'], ['u/RangeSea7591', 15, '2024-03-08 04:04', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktv3az3/', "Why do people keeping bringing up outlier cases? It's the exception not the norm.\n\nMy high school friend won the lottery which set her up for life, should I have gone out and purchased a ticket too?", '1b9amgc'], ['u/Shadrock50', 12, '2024-03-08 05:23', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktveotm/', 'You predict a 2x from here to the market cycle top? If thats the case, why are you in hbar? Just buy btc.', '1b9amgc']]], ['u/thetimsterr', "Worried about buying the top? Don't Be.", 220, '2024-03-08 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', 'To those "worried" about buying the top...I want to give you some context to show just how low $67k is in the grand scheme of things. \n\nTotal U.S. 401(k) balances stand at around [$6.9T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:%7E:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf just 1% of those balances get allocated to Bitcoin, that would be $69B in inflows.\n\nBitcoin ETFs launched in early January of this year as we all know. Since their launch, there have been [net inflows of $7.5B](https://cointelegraph.com/news/bitcoin-etf-inflows-hit-562-million).\n\nSince ETF inception, Bitcoin\'s price has increased from $46k to $67k. Using 19.5M coins as our basis (with 1.5M more to be mined and ignoring lost coins), that translates into a market cap increase of $409B ($897M to $1.3B). $409B / $7.5B inflows = multiplier of 54.6 for each $1B of inflows. \n\n$69B of 401(k) inflows would result in $69B x 54.6 = $3.7T (yes Trillion) increase in market cap.\n\nThat would put Bitcoin\'s total market cap at $1.3T present + $3.7T = $5T, making a new price of $5T / 19.5M coins = ~$256,000 per coin.\n\nThis is JUST allocating 1% of 401(k) balances. There are also pension funds, IRAs, and other retirement accounts. Total U.S. retirement balances were [$35.7T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:~:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf you were to allocate just 1% of all retirement balances, the price of one Bitcoin hits $1M using the same math described above.\n\nInsane. You are not late. You are early.', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', '1b9bf7y', [['u/speedingmedicine', 68, '2024-03-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuqaz4/', "Don't forget MSTR possibly being listed on the S&P500", '1b9bf7y'], ['u/SubstantialActive431', 11, '2024-03-08 03:13', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuvl78/', 'Wtf did I just read', '1b9bf7y'], ['u/Mental-Ingenuity-933', 29, '2024-03-08 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuwryi/', 'You read someone doing their homework.', '1b9bf7y'], ['u/thetimsterr', 12, '2024-03-08 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktux4rr/', 'Interesting. I had not thought about that. How do you envision this impacting Bitcoin? Inclusion of S&P500 forcing index funds to buy MSTR, which then allows Saylor to sell shares and buy more Bitcoin?', '1b9bf7y'], ['u/lordsamadhi', 11, '2024-03-08 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv0kww/', 'Bitcoin is better than dollars, no matter what the silly "price" is at any given moment. I\'ll still be selling dollars for Bitcoin even after it 100x\'s from here.', '1b9bf7y'], ['u/richardto4321', 32, '2024-03-08 04:18', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv5fgt/', '"Buying the top" is relative. I\'m sure people who bought the top of $1200 in 2013 and $20k of 2017 are quite happy right now. Pretty soon buying at 69k in 2021 will seem relatively cheap.', '1b9bf7y'], ['u/CatTypedThisName', 11, '2024-03-08 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktv6xds/', 'I sold it to buy btc', '1b9bf7y'], ['u/Finish_Different', 12, '2024-03-08 05:41', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvh38n/', 'I bought the top last cycle and am still pissed about. Disagree', '1b9bf7y'], ['u/notkraftman', 12, '2024-03-08 05:44', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvhfof/', "Most of those people probably didn't hold", '1b9bf7y'], ['u/Jaded-Assignment-798', 68, '2024-03-08 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvis2h/', 'I hate to break it to you but these 401k inflows are not going to happen for awhile. I work for an F100 that gets our 401k through fidelity and I keep begging them to enable digital asset funds in the 401k. Every time I get on a call with these people, they have no clue what I’m talking about and they refuse to dig any further even after me explaining what they need to do 3-4 times now. Your average person, and even the majority of your college educated people, do not care to allocate their funds to BTC', '1b9bf7y'], ['u/XXsforEyes', 19, '2024-03-08 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvizey/', 'Don’t forget about the FASB change to accounting rules either. More companies will hold Bitcoin in their balance sheets if those sheets are finally allowed to show appreciation from BTC holdings.', '1b9bf7y'], ['u/thetimsterr', 14, '2024-03-08 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvlw22/', "True. It will take time. But even if that takes 10 years, that's incredible price appreciation. This post was just meant to show the potential with some light math.", '1b9bf7y'], ['u/jus-another-juan', 31, '2024-03-08 06:42', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvohg5/', 'The usual "if just 1%" argument. There\'s always a huge barrier to 1%.', '1b9bf7y'], ['u/jskol3', 13, '2024-03-08 07:14', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvrxvy/', 'I understand the frustration but this actually makes me more bullish. I’d be more considered about Bitcoin if EVERYONE understood it and was open to it. Despite the recent run up most people do not understand Bitcoin and dismiss it. This means, IMO that there is a lot of room for new heights', '1b9bf7y'], ['u/ZekeTarsim', 28, '2024-03-08 07:41', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktvulx7/', 'Picturing this guy on the phone with Fidelity yelling at the guy “DO YOU SPEAK ENGLISH? I WANT TO DIRECT 100% OF MY ACCOUNT TO BITCOIN ETFs. WHAT DO YOU MEAN WHAT IS BITCOIN ITS THE HARDEST ASSET KNOWN TO MAN!” 😭😭😭😂😂😂', '1b9bf7y'], ['u/Frogolocalypse', 13, '2024-03-08 08:40', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktw05jo/', 'Making up stuff to suit your narrative.', '1b9bf7y'], ['u/ExitBest', 17, '2024-03-08 09:08', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktw2n8m/', 'Yeah. But look where we are now…. It’ll come. At some point.', '1b9bf7y']]], ['u/PieFrequent2305', 'Hacked? ', 14, '2024-03-08 03:18', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/', 'Currently live is some guy talking about BitCoin… \nThe only comment is GB saying “What is this”. ', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/', '1b9cekt', [['u/boychik0830', 12, '2024-03-08 03:49', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/ktv0zfl/', "Hopefully Google doesn't give the account back to him and deletes it for good. It's his fault if he clicked on a fake collab link in his email. If the channel is gone for good then maybe abbie will Hopefully get some more privacy.", '1b9cekt'], ['u/sweetheart409878', 10, '2024-03-08 03:56', 'https://www.reddit.com/r/fatheringautismsnark/comments/1b9cekt/hacked/ktv24lb/', 'Lets hope so, it gets deleted.', '1b9cekt']]], ['u/AsteriAcres', 'Letter to my County Commissioners (crosspost)', 30, '2024-03-08 03:18', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/', 'Riot Platforms is currently building "THE WORLD\'S LARGEST BITCOIN MINE" here in Navarro County Texas. \n\nThis coming Monday, they\'ll be asking for property tax abatements, meaning they want to NOT pay property taxes on land they bought for $12 million dollars.\nWe are rallying the troops and going to have a strong showing at the County Commissioner\'s meeting#with lots of folks standing up, speaking out, and demanding they VOTE NO on tax abatements for Riot Platforms.\n\nThe Texas Coalition Against Cryptomining is also supporting & working with folks in Hood County that are being tortured by low frequency noise pollution. \n\nWe\'ve been warning officials here in Navarro county that it\'s going to be awful for the people and animals living near the largest mine ever. Hood County is a tragic, UNNECESSARY example of what\'s coming to Corsicana/ Navarro County.\n------\n\nHello Navarro County Commissioners,\n\nWe\'d like to share the following news articles & videos about what the folks in Hood County are dealing with from the Marathon Digital 300MW crypto "mining" facility. \n\nThe facility in Hood County is three times SMALLER than the 1GW Riot Platforms monstrosity planned here in Navarro. \n\nAnd before y\'all think "But it\'ll be immersion-cooled & won\'t make noise," read what Riot themselves say about the immersion-cooling plans: \n\n"Immersion-cooling is an emerging technology in Bitcoin mining, which is not in widespread use, and has yet to be deployed at this scale. As such, there is a risk we may not succeed in deploying immersion cooling at such a large scale to achieve sufficient cooling performance. All Bitcoin mining infrastructure, including immersion-cooling and air-cooling, is an evolving study."\nhttps://amycastor.com/2024/03/04/bitcoin-mining-riot-platforms-10-k-is-full-of-tentacles/\n\nHOOD COUNTY residents up to ten miles away from the Marathon site can hear the noise.\n\nHood County Bitcoin Town Hall. Read the personal accounts of victims of bitcoin noise pollution: \nhttps://www.hcnews.com/stories/community-airs-bitcoin-noise-grievances-during-town-hall,27368\n\nTIME MAGAZINE coverage\nhttps://time.com/6590155/bitcoin-mining-noise-texas/\n\nWFAA coverage\nhttps://www.wfaa.com/article/news/local/how-bitcoin-mining-facility-causing-headaches-health-concerns-hood-county-residents/287-d763a45a-d6a3-4fcb-ab2f-5e17af94763b\n\nPetition coverage \nhttps://www.wfaa.com/article/news/local/quiet-bitcoin-mines-hum-hood-somervell-residents-petition/287-2e38aba9-6f88-4bdc-85c4-992aa885238f\n\nNBC coverage\nhttps://www.nbcdfw.com/news/local/noise-pollution-from-bitcoin-farm-in-hood-county-causing-health-concerns-for-neighbors/3456364/\n\nhttps://youtu.be/yjiqmaH_M34?si=R-ByU0_sQrtLdaqq\n\nTEXAS STANDARD coverage\nhttps://www.texasstandard.org/stories/noisy-bitcoin-mine-puts-granbury-residents-on-edge/\n\nDL News coverage\nhttps://www.dlnews.com/articles/people-culture/granbury-texas-residents-under-aural-attack-from-bitcoin-mine/\n\nFailed sound mitigation wall \nhttps://www.hcnews.com/stories/granbury-us-bitcoin-corp-erects-24-foot-soundproofing-wall,21717\n\nWe STRONGLY urge you all to VOTE NO on property tax abatements for the Riot Platforms bitcoin "mine."\nThis facility is going to cost Navarro county residents MILLIONS. \n\nWhy you\'re paying bitcoin\'s energy bills: \nhttps://www.chicagobooth.edu/review/why-youre-paying-bitcoins-energy-bill\n\nBitcoin miners crashed Kazakhstan\'s grid: \nhttps://www.cacianalyst.org/publications/analytical-articles/item/13709-did-cryptocurrency-miners-crash-the-central-asian-power-grid?.html\n\nBitcoin "mining" and energy bills: \nhttps://www.theverge.com/2023/4/10/23677113/bitcoin-mine-investigation-energy-emissions-electricity-bills-new-york-times\n\n"In Texas, ... the increased demand has caused electric bills for power customers to rise nearly 5 percent, or $1.8 billion per year"\nhttps://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html\n\n\nThank you, \nJackie Sawicky \nTexas Coalition Against Cryptomining \nNational Coalition Against Cryptomining ', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/', '1b9celx', [['u/goodboy0217', 13, '2024-03-08 05:58', 'https://www.reddit.com/r/Buttcoin/comments/1b9celx/letter_to_my_county_commissioners_crosspost/ktvj8g0/', 'What possible rationale could they have for such tax breaks? They are for profit business.', '1b9celx']]], ['u/Snippet_New', 'Poco F6 Pro confirmed to be a rebranded K70. ', 58, '2024-03-08 03:22', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/', "\nSource : https://mocheck.nbtc.go.th/search/1593293\n\nNbtc is a independent regulatory agency in Thailand which oversee the country's broadcast and telecommunications industries, especially the regulation of radio frequencies (including smartphones). So everything that uses radio frequency has to be inspected by the agency to verfiy that it won't interfere with military or any sensitive equipment. \n\n23113RKC6C is the model number for Redmi K70 while the K70 Pro is 23113RK66C. The last alphabet of the model, at least from Xiaomi, indicated which model region it is. C means it's china model while G is global model. So 23113RKC6G, as said in the screenshot & link, is the global model of K70 and its name is Poco F6 Pro.\n\nThe name of the phone is also from the manufacturer so basically this is the way we got the comfirmation which phone (that's not yet revealed to the public) is coming to Thailand.", 'https://i.redd.it/sw8jak95t0nc1.jpeg', '1b9cha3', [['u/Piotr_Lange', 11, '2024-03-08 03:55', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv1y5d/', 'For a long long time I hoped for this rebranding:\n- Redmi K70 = Poco F6\n- Redmi K70 Pro = Poco F6 Pro\nBut, as far as I understand, this news suggests that:\n- Redmi K70 = Poco F6 Pro\n- ? = Poco F6\nIf that indeed turns out to be true, I would bet that Poco F6 will be a phone from the Redmi Note series, just as F5.', '1b9cha3'], ['u/ausdoug', 11, '2024-03-08 04:10', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv49mk/', "I'm just really hoping for an F6 with a side fingerprint reader and an extra year of security...", '1b9cha3'], ['u/Nerajti', 30, '2024-03-08 04:15', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv51bc/', "wait so the redmi k70 got around 1.5m antutu while the x6 pro was around 1.3m damn 😆😆 x6 pro is literally a miracle in terms of performance while being this cheap. Really curious what's the f6 processor.", '1b9cha3'], ['u/Nerajti', 12, '2024-03-08 04:19', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktv5jdd/', 'wait for global. i dont recommend china rom phones.', '1b9cha3'], ['u/Nerajti', 16, '2024-03-08 05:57', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktvj1xg/', "actually that's the reason why i bought it too. I'm tired of flashing custom roms, been doing it since redmi note 5 😆😆. I actually lost a lot of memorable photos that i forgot to backup when switching custom roms so yeah im getting too old for it i guess lol.", '1b9cha3'], ['u/Willing_Place_3205', 11, '2024-03-08 10:08', 'https://www.reddit.com/r/PocoPhones/comments/1b9cha3/poco_f6_pro_confirmed_to_be_a_rebranded_k70/ktw7mkg/', "true, I'm in my 30's. I don't have enough time or energy to play around with custom rom anymore. I just use what they provide these days", '1b9cha3']]], ['u/light-light-light', 'How is anyone suppose to retire early?', 30, '2024-03-08 04:28', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/', 'I\'m looking for a bit of guidance/encouragement because I\'m feeling like early retirement isn\'t possible. I just want to spend my days outside in the sun, exercising, speaking to people, but I\'m forced to look at Excel grids with a headache. \n\nI\'m a 29 year old who is doing fairly well. I have 590k outside super (ETF\'s + Bitcoin), 75k in super, and a salary of \\~165k. Even before I started working, I knew I hated office politics, working long hours, and staring at a computer screen, so I lived frugally since my first year at university with the aim of early retirement. \n\nRecently I\'ve been thinking about turning 30 and starting to feel older (maybe some balding, wrinkles, and feels like time is speeding). It\'s weird because I\'ve worked and saved so hard, and yet I\'m still no where near being able to retire like Mr Money Moustache did at age 31. \n\nIn Melbourne, I\'d need at least $900k for a house, and then an extra \\~$600k for living expenses (assuming a 3% draw down is sustainable). In real terms, assuming no house price movement in the interim, I\'ll be 40 by the time I can afford that. But then I\'ll have to pay capital gains tax on my investments, so it\'ll be more like age 42 or 43. I could get a 30 year mortgage for the house, but that\'d be retiring at age 50. This is without factoring in the cost of kids. \n\nHere\'s where I think the predicament can change: \n\n\\- Move overseas to developing world (e.g. Thailand/Vietnam)... I don\'t speak the language, don\'t have friends there, can\'t easily join a community for my hobbies \n\n\\- Continue working a small part-time job in "retirement", which would reduce the amount needed for living expenses. \n\n\\- Move somewhere else in Australia. I\'d like to live like Mr Money Mustache, able to cycle for transportation, participate in some community etc, but this is only available to Australians who live within an hour from the CBD, so it\'s difficult to move elsewhere. \n\nAny advice? How do people retire here? \n\n', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/', '1b9dvrl', [['u/Free_Fee_5540', 63, '2024-03-08 04:44', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktv97me/', "Just think about it this way, OP: if you're on track to retire in your early-mid 40s, you're doing better than 99% of the population.\n\nTaking MMM as an example isn't especially helpful: he started working relatively early, had a very high salary, lived in a country with relatively low housing costs, had a partner who was also a high earner and good saver, and rode a great bull-market on the S&P500. He had a hell of a lot going for him.\n\nI'd suggest some of the options are:\n\n1. Keep saving and aim to retire in your 40s or early 50s somewhere with relatively high cost of living (i.e. a major city).\n2. Sell up and relocate somewhere with lower cost of living (i.e. regional or rural) and shave a few years off retirement, e.g. late 30s or early 40s.\n3. Gradually reduce working hours and keep working part-time into your 40s and 50s. This is my approach, but I'm in a fortunate position to be able to do it (self-employed at the Bar, so I can largely choose what cases I take on).\n\nThere's also the option to downsize to an apartment, or just rent, and just plough all your money into ETFs/LICs etc. It's really a lifestyle issue, rental yields are likely to remain shit in Australia, so it will probably remain relatively cheap to rent -- it's just a pain having to find a place, deal with estate agents and landlords, not being able to make improvements etc.", '1b9dvrl'], ['u/RedPill5300', 19, '2024-03-08 05:11', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvd2qk/', "Is $900k Melbourne property your only choice? What about apartments in Melbourne CBD, Adelaide, Perth, New Castle? Plenty of places way way better then Vietnam in Australia that won't cost you $900k", '1b9dvrl'], ['u/aaronturing', 21, '2024-03-08 05:14', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvdjqs/', "I retired at 47. My advice which is what I did is as follows:-\n\n1. Get a cheaper house\n\n2. Have a WR of 5%.\n\nI was lucky with point 1 because I bough maybe 20 years ago but I upgraded 14 years ago. I also have rich in-laws who gave us 25% of the house value.\n\nStill point 2 is a game changer. I'll add that there is so much pessimism around a WR that high but we are spending more than we ever have and I intend to increase my WR to 6% over time since I factor in the age pension.", '1b9dvrl'], ['u/No-Improvement4884', 17, '2024-03-08 05:15', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvdmel/', 'Move out of Melbourne, bit of a shit hole anyways', '1b9dvrl'], ['u/tapunan', 13, '2024-03-08 05:36', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvget5/', "Why do you need 900k? If you're single - you can probably buy a 2-bedroom in Docklands /Richmond for 500k - or even cheaper near Werribee / St Albans. I know they are not cool areas but I have lots of friends who live there. I mean you were considering moving to Thai/Vietnam then Werribee / St Albans / Hoppers Crossing are probably a better option than uprooting to Asia.\n\nYou never mentioned if you have a partner - this would help a lot (assuming you're on the same page with regards to FIRE).", '1b9dvrl'], ['u/Minimalist12345678', 23, '2024-03-08 05:44', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvhe6w/', 'Yeah, the Mr Money Mustache thing aint happening any more unless you are willing to be insanely frugal, and sacrifice a lot of quality of life things. \n\n\nThere are things you can do though\n\n1) Sell that rubbish bitcoin; or just be honest with yourself & take all that money into a casino and slap it down on red. \n\n\n2) Adjust your expectations. You don\'t NEED a 900k house. You WANT one. Knowing the difference between needs and wants is everything, because then you start to grasp what you might have to sacrifice in one area in order to get what you want in another. \n\n\n3) 3% drawdown is super conservative in Australia. If you were in VAS alone, on the tried and true "spend the dividends" strategy, you will be at closer to 4.5-5%. \n\n \nMost of all.. retiring actually sucks. I got independent early, retired at 38 on a passive income of maybe 100k, and got bored AF. It ain\'t good for the soul. You\'ll get there are be "is this it?". \n\n\nStart thinking about what jobs you can do that you actually like. For me, that was running a bar and working probono as the director of a reasonable not-for-profit disability sector organisation.', '1b9dvrl'], ['u/trabulium', 12, '2024-03-08 05:45', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvhhyc/', "Hey, depends what you love to do. I live in Melbourne but also lived in Thailand for 3 years. I'm in a similar financial position as you with a similar spread but \\~15 years older. Personally, I found it easier to meet like minded people in Thailand (Interested in culture, language, business, crypto, music / jazz etc) than here in Melbourne. I also think I could retired on around $1M in Thailand and have a great life. The only negative for me there is Chiang Mai, where I enjoy, has bad air around 2-3 months of the year but I would use that to 'holiday' to surrounding areas or see family back in Aus. A few subs for you to further your interests could be /r/expatfire /r/leanfire and / or /r/digitalnomad and also /r/coastFIRE/\n\nFor example, if you're in the digital space you could potentially try and coastfire / nomad in Asia for a bit and see if you like it. For me, it gave me the much needed break from the 8-5 drill here in Australia.", '1b9dvrl'], ['u/No-Improvement4884', 13, '2024-03-08 05:55', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvivuu/', 'Anywhere regional with better weather and less people', '1b9dvrl'], ['u/JacobAldridge', 14, '2024-03-08 06:01', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvjkvp/', "Because 5% has an 85% chance of success over 30 years, and that assumes no flexibility in your spending during a downturn; to people like me that's close enough to the 95% of a 4% SWR.\n\n10% has (iirc) more like a 15% success rate. So that's one reason why I'm happy with 5% (5.5% to be specific) not 10%.", '1b9dvrl'], ['u/Mother_Village9831', 13, '2024-03-08 06:03', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvjucr/', "No, you need to look more widely before you've given up. And by more widely I mean AT ALL.", '1b9dvrl'], ['u/Majestic-Donut9916', 21, '2024-03-08 06:26', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvmnqr/', "Yup. The 4% rule is a dumb rule of thumb for people who can't math.\n\nAnyone serious about FIRE should have plans to adjust spending during downturns and be willing to go back to work temporarily if needed to top up the account.\n\nI'd rather retire at 40 with a 90% chance of never going back to work rather than wait to 55 for 100% success.", '1b9dvrl'], ['u/420bIaze', 10, '2024-03-08 07:47', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktvv87m/', "4% is based on a country with a far worse social safety net than Australia.\n\nWhere nothing like a $28.5k guaranteed pension exists, but medical bankruptcy does.\n\nIt's actually mad to apply that level to Australia.", '1b9dvrl'], ['u/Wildesy', 21, '2024-03-08 08:46', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw0oqs/', 'Peak first world post', '1b9dvrl'], ['u/Wildesy', 24, '2024-03-08 09:31', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw4krr/', '29 with 590k of assets and 165k salary… how will I manage to feed myself let alone retire?!', '1b9dvrl'], ['u/coco-butter', 10, '2024-03-08 09:38', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktw563w/', '??? Yeah get rid of your Bitcoin when Vanguard and Blackrock just bought $1bn of it for their ETFs. It’s definitely a scam 🙄I don’t even own any BTC and this is dumb advice.', '1b9dvrl'], ['u/offthemicwithmike', 10, '2024-03-08 12:11', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktwh3nh/', "You could sell at the next crash instead?\n\nI'm assuming limiting volatility is what they're getting at.", '1b9dvrl'], ['u/Minimalist12345678', 12, '2024-03-08 15:57', 'https://www.reddit.com/r/fiaustralia/comments/1b9dvrl/how_is_anyone_suppose_to_retire_early/ktx8sbn/', 'It’s not an asset - it produces zero wealth. Like gold, art, or commodities. Fuck that. It’s speculation - hoping that some other mf’er will buy it off you for more than you paid for it. That shit is for idiots with stars in their eyes.', '1b9dvrl']]], ['u/Sithaun_Meefase', 'Astrology for Apes, aka TA for regards, gather round', 135, '2024-03-08 05:39', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/', 'I was going to do a weekly every Sunday, which I still plan on doing. But my TITTS are so FREAKIN’ jacked, I had to come share, the alignment. \n\nI’m sure everyone’s little buttholes puckered, when BTC hit $69k and pulled back, MASSIVELY. I thought, “fuuuuuuuuuck, I’m already numb inside, I’m prepared to hurt more.” I have been here since 2017, it takes a lot to hurt me. The dip soon after became a rip, proving, I didn’t hear a bell or anything. But, let’s just say things are starting to get very interesting, in the crypto market. \n\nWhy is this important, OP? Get to the point! My bad, \n\nLRC, saw very little fluctuation during this period, my portfolio swang around like a hung donkey, but my loops stayed, so fucking strong.. \n\nWith the continued developments and massive leaps forward, there’s something to say about this, beyond all the noise, beyond all the hype, all the FUD, we are here to stay.\n\nAnyway, let’s get to this chart analysis! \n\nThe daily: \n\nThis is the chart, I have been watching from .24, the chart with the infamous, golden cross. The 50day moving average, inches closer, and closer to the 100day. We just need to get on top of .38 and close a candle. After crossing, the momentum is known, to melt faces. After a necessary pullback, of course. Which, I think we can all see, the wick down to revisit the 100day at .26, which was very quickly snatched up, as our symbolic pullback. Looking at a .420, hot wheel racetrack launcher. Why, you must be asking.. well, that’s just the way it works, when the planets have aligned. Leading me to, \n\nThe weekly: \n\nWe have consecutively stayed above the 7day, for 4 weeks in a row. About to start, week number 5. Wrapping up, the massively bullish, cup and handle. \n\nYou have got to be asking, why?\n\nIt’s simple, we have closed above the 100day, and held. About to close our second weekly, above the 100day, for the first time, since August, of 2020. Loops were a penny… soon to be $.86 just 4 short months later. 8 months after, we hit $3.80, but I briefly remembered $4.00, what a time to be a Looptard! \n\nI held, I still hold, and I’ve bought more. I actually DCA’d from 2021-2024. And then, doubled down, Why? Because, it’s going much, much higher.. we do have resistance at .42 and .5 but then, we’re headed to $1, then, listen, what I do know, is the wick down on our current weekly has officially retested the necessary strength of the 7day moving average to prove, we are a strong community here to fucking stay, can I get a congrats, or a hell yeah? That’s impressive! \n\nMonthly: don’t listen to the noise, look at where we’re headed. There are literally two small resistance in the way of a moonshot. Which have proven to get gobbled up. We’re out here together. Stay the course, Stay Zen. \n\n\nTLDR: When the hourly golden cross, leads to a daily golden cross, that just so happens to be set up with a cup and handle, a set up giving us enough strength, to set up the golden cross on the monthly. We are soon to be shitting green dildos this ALT season, which may be upon us.', 'https://www.reddit.com/gallery/1b9fc0g', '1b9fc0g', [['u/Octopus_vagina', 10, '2024-03-08 06:35', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvnoqu/', 'I love you', '1b9fc0g'], ['u/MJCRPT', 12, '2024-03-08 08:08', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvx78u/', 'Deal, with, it!🚀', '1b9fc0g'], ['u/Sithaun_Meefase', 11, '2024-03-08 08:30', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvz9sq/', 'Some people hurt so bad in life, they actually take time out of their day to spread negativity in the world. It’s sad.', '1b9fc0g'], ['u/Sithaun_Meefase', 11, '2024-03-08 08:32', 'https://www.reddit.com/r/loopringorg/comments/1b9fc0g/astrology_for_apes_aka_ta_for_regards_gather_round/ktvzg1r/', 'Sexy, fucking, bastard 🤣🤣🤣', '1b9fc0g']]], ['u/AutoModerator', '[Daily Discussion] - Friday, March 08, 2024', 47, '2024-03-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/', '1b9fqc7', [['u/_TROLL', 19, '2024-03-08 06:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvjpzz/', "It's midnight Eastern time and the top two ETF numbers (IBIT/FBTC) haven't come in yet... weird.\n\nNeed a combined inflow of 290.3M to break even, which is very likely.", '1b9fqc7'], ['u/Top_Plantain6627', 11, '2024-03-08 06:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvjulb/', 'Have been wondering why they haven’t come out', '1b9fqc7'], ['u/mikenmar', 10, '2024-03-08 06:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvltw6/', 'Can you clue me in as to what you’re talking about?', '1b9fqc7'], ['u/dopeboyrico', 17, '2024-03-08 06:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvlvl8/', 'The numbers are so massive that they’ll cause a panic and we’ll instantly jump to new ATH upon release so they’re delaying as long as possible?\n\nKidding. But yeah, not sure what’s going on with the delay from both Fidelity and BlackRock.', '1b9fqc7'], ['u/_TROLL', 21, '2024-03-08 06:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvn8re/', 'Digital Currency Group (and CEO Barry Silbert) are currently being sued for $3 billion by NY for defrauding investors.\n\nThe AG put out a [press release here](https://ag.ny.gov/press-release/2023/attorney-general-james-sues-cryptocurrency-companies-gemini-genesis-and-dcg).', '1b9fqc7'], ['u/xtal_00', 15, '2024-03-08 06:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvnisc/', 'Juicy.', '1b9fqc7'], ['u/goldenprey123', 14, '2024-03-08 07:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvrs6y/', 'ETFs have never been late lol wtf going in', '1b9fqc7'], ['u/FmgNRTJj', 17, '2024-03-08 07:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvtofi/', 'Net +469 with fidelity adding a record breaking 473 mil!', '1b9fqc7'], ['u/Jip1210', 26, '2024-03-08 08:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvwg9s/', 'Good morning, my BTC chums.\n\nInflows good,\n\n67k held overnight (uk)\n\nMoving back up,\n\nTingly feeling in my balls, is it a premonition or a serious medical condition. The next 20 hours should provide the answer', '1b9fqc7'], ['u/sunil100k', 10, '2024-03-08 08:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvwuvg/', 'ATH today?', '1b9fqc7'], ['u/KuDeTa', 16, '2024-03-08 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvy25d/', 'With these relentless inflows - who on earth is selling all that corn at just under ATH?', '1b9fqc7'], ['u/VintageRudy', 12, '2024-03-08 08:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvy5cs/', 'Nah, mondays', '1b9fqc7'], ['u/keygen4ever', 12, '2024-03-08 08:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvym6y/', 'Profit takers, miners, bears. But mostly Grayscale clients.', '1b9fqc7'], ['u/Magikarpeles', 15, '2024-03-08 08:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvyp3t/', 'Sunday, when the futures open\n\nOr Shanka, when the walls fell', '1b9fqc7'], ['u/nationshelf', 18, '2024-03-08 08:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvyvgc/', 'There’s a guy on yesterday’s daily thread who posted 2 hours ago saying he sold and is waiting for 30k.', '1b9fqc7'], ['u/_TROLL', 16, '2024-03-08 08:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktvzdjk/', "Yeah, I'm sure his 0.01 BTC stack contributed mightily to keeping the price down. 😋", '1b9fqc7'], ['u/1337Echo', 19, '2024-03-08 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktw1vrb/', 'I hate this mantra.\n\n\nYou have Grayscale to thank for being the ETF equivalent last cycle, scooping up more BTC than was mined daily.\n\n\nAnd you have them to thank for any ETFs at all.\n\n\nFuck this short sighted and ignorant meme opinion.', '1b9fqc7'], ['u/phrenos', 17, '2024-03-08 10:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktw9p4i/', "G'morn fam. A shower thought: \n\nIs it not likely that the net effect of GBTC outflows is actually zero? If we consider that those exiting Greyscale aren't just packing up and selling forever, but really 'sideflowing' to other ETFs, then we must consider that once GBTC outflows fall to zero, inflows to the others will halt by a commensurate amount - yielding a net zero change in the end? \n\nThe common belief here is that 'GBTC outflows ending = moon', but two seconds of logical thought would indicate that it's simply the end of money moving sideways, not the end of some titanic sell pressure. \n\nI wouldn't be surprised if the net effect on the price is almost nothing.", '1b9fqc7'], ['u/John_Crypto_Rambo', 10, '2024-03-08 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwaccl/', 'A lot of the flow has been FTX and Gemini/Genesis forced selling which hasn’t necessarily been going back to anything yet and is still waiting to be distributed I assume.', '1b9fqc7'], ['u/phrenos', 12, '2024-03-08 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwbqb7/', "$70k is barely the start of getting interesting. I'd say you're thinking too small. \n\nStarting at $138k is more likely a better option.", '1b9fqc7'], ['u/cryptojimmy8', 14, '2024-03-08 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwbz96/', 'Sold 10% this week just to get some chips off the table. I’ll probably sell some more at around 75k. What Ill not be doing is to let euphoria get to me and always want a higher number. That’s how the market gets you', '1b9fqc7'], ['u/Outrageous-Net-7164', 13, '2024-03-08 11:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwd06c/', 'I’m sure I will move the bar at 70 to 80k \n\nProbably delay and end up holding a full bag again. \n\nPromised myself I will exit this time though. 21/22 was a tough period for sure. Goblin town is a shit place to visit', '1b9fqc7'], ['u/Outrageous-Net-7164', 14, '2024-03-08 11:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwd3et/', 'Got me last time. Greed is a killer', '1b9fqc7'], ['u/spinbarkit', 24, '2024-03-08 11:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktweu6e/', 'today all btc etfs will [surpass](https://imgur.com/a/aGYsZzM) gbtc btc holdings', '1b9fqc7'], ['u/Maegfaer', 18, '2024-03-08 11:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwgb2x/', 'Exit to what? Inflating fiat? Overinflated AI stocks with lots of geopolitical risk?\n\nI\'ll probably sell some above 140K to fund some lasting quality of life improvements, but there\'s no "exiting" for me.', '1b9fqc7'], ['u/I_AM_DEATH-INCARNATE', 26, '2024-03-08 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwh0kf/', "Believe it or not, people have bills to pay and lives to live. Bitcoin is great because it affords people who hold financial freedom, but if you don't take advantage of it and use it, what's the point?\n\n\nI started taking profit at 50K. My first sell will be used to fund a Disney vacation for my three kids under 6 and part of a trip to Cape Cod.\n\n\nI bought all those years ago for the opportunity to enjoy a better life, not to become scrooge mcduck", '1b9fqc7'], ['u/mike-es6', 34, '2024-03-08 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwh42i/', 'So I\'m in a meeting today, software company, 14 people, 10 of them in their 20s/30s (all developers), just one guy (another developer) in his 60s .... that\'s me, the only Boomer.\n\nAnd Bitcoin comes up in passing, and the comments are like "oh, I hear it just reached a new ATH" and "yeh, wasn\'t an ETF launched a couple of weeks ago", stuff like that. Even it you assume that the people holding BTC kept quite about it (I mentioned the ETFs being the most successful ever, kept quiet that I am holding, basically no reactions), most of the people have no idea what is going on.\n\nI almost said "us Boomers f\\\\\\\\d you over on the property market, now we have the funds to f\\\\k you over on BTC" but decided it was not a good idea.\n\nWe are still so early!', '1b9fqc7'], ['u/IOnlyPostNiceThings', 11, '2024-03-08 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwhdng/', 'This. Selling it all at 350k and retiring.\n\nNon-zero chance we get there this cycle IMO.', '1b9fqc7'], ['u/Outrageous-Net-7164', 13, '2024-03-08 12:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1b9fqc7/daily_discussion_friday_march_08_2024/ktwhiss/', 'I won’t sell it all. \n\nBut I watched a paper gain mill rot in 2021 be... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Amsterdam,Netherlands, March 08, 2024 (GLOBE NEWSWIRE) -- This press release, represented by based Brett, marks a significant announcement in the world of cryptocurrency. Crypto has surged back into the spotlight, captivating families worldwide and dominating dinner table conversations. With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.\nThe big exchanges are no exception when it comes to finding a position. Coinbase, the leading regulatory exchange in crypto, rolled out Basechain in 2023 and earlier this week announced their new smart wallet and ambitions to onboard over one billion users on chain.\nNaturally retail has flocked back to the game, especially to well-known memecoin leaders like DOGE, SHIBA, WIF, PEPE, and FLOKI. All listed on Binance, all performing well this run.\nAs one of the giants of crypto, speculation on what name will lead the Coinbase’s Basechain has been strong so far this March with BRETT, a meme created by Matt Furie - the same designer as PEPE - due to its resonance with the ‘crypto degen culture’. Any doubters of that culture need to look no further than PEPE to see its power.\nPEPE has recently gone from 300M to 3.5BN, WIF 200M to 3BN with a Binance listing.\nThe untapped potential for a meme leader on Basechain is beaming with BRETT hitting 200M this first week of March. First leader + new chain is a potential recipe for another name to be added to the list of meme legends of the crypto space. Traders and retail have begun speculating that BRETT could make a similar move to PEPE and WIF and legacy markets and institutional money doesn’t seem to disagree—plenty of volume for all.\nCheck out BRETT at:\nTg:https://t.me/basedbrettX:https://twitter.com/basedbrettWebsite:https://www.basedbrett.com/\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Eray Alkan brettonbase at protonmail.com', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,401.77", "AUM ($, mm)": "501,724.02", "AUM % Change": "0.28%"}, {"Ticker": "BOTZ", "Name": "Global X Robotics & Artificial Intelligence ETF", "Net Flows ($, mm)": "554.19", "AUM ($, mm)": "3,334.85", "AUM % Change": "16.62%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "435.21", "AUM ($, mm)": "419,669.71", "AUM % Change": "0.10%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "394.20", "AUM ($, mm)": "10,947.09", "AUM % Change": "3.60%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "384.99", "AUM ($, mm)": "105,489.48", "AUM % Change": "0.36%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "380.25", "AUM ($, mm)": "34,863.22", "AUM % Change": "1.09%"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "370.05", "AUM ($, mm)": "82,265.33", "AUM % Change": "0.45%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "281.65", "AUM ($, mm)": "12,597.85", "AUM % Change": "2.24%"}, {"Ticker": "IWF", "Name": "iShares Russell 1000 Growth ETF", "Net Flows ($, mm)": "264.03", "AUM ($, mm)": "87,806.77", "AUM % Change": "0.30%"}, {"Ticker": "KRE", "Name": "SPDR S&P Regional Banking ETF", "Net Flows ($, mm)": "227.40", "AUM ($, mm)": "3,000.87", "AUM % Change": "7.58%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-682.64", "AUM ($, mm)": "20,066.67", "AUM % Change": "-3.40%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-404.20", "AUM ($, mm)": "12,724.62", "AUM % Change": "-3.18%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-396.09", "AUM ($, mm)": "38,024.74", "AUM % Change": "-1.04%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-285.26", "AUM ($, mm)": "253,682.45", "AUM % Change": "-0.11%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-277.06", "AUM ($, mm)": "53,948.20", "AUM % Change": "-0.51%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-276.14", "AUM ($, mm)": "27,238.33", "AUM % Change": "-1.01%"}, {"Ticker": "VUSB", "Name": "Vanguard Ultra-Short Bond ETF", "Net Flows ($, mm)": "-182.71", "AUM ($, mm)": "4,219.52", "AUM % Change": "-4.33%"}, {"Ticker": "VBR", "Name": "Vanguard Small-Cap Value ETF", "Net Flows ($, mm)": "-170.39", "AUM ($, mm)": "27,686.53", "AUM % Change": "-0.62%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-153.67", "AUM ($, mm)": "447,332.45", "AUM % Change": "-0.03%"}, {"Ticker": "JANT", "Name": "AllianzIM U.S. Large Cap Buffer10 Jan ETF", "Net Flows ($, mm)": "-127.25", "AUM ($, mm)": "120.76", "AUM % Change": "-105.37%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.35", "AUM ($, mm)": "7,022.68", "% of AUM": "-0.20%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "7.49", "AUM ($, mm)": "17,526.88", "% of AUM": "0.04%"}, {"": "Commodities", "Net Flows ($, mm)": "-204.23", "AUM ($, mm)": "127,961.94", "% of AUM": "-0.16%"}, {"": "Currency", "Net Flows ($, mm)": "396.05", "AUM ($, mm)": "57,936.52", "% of AUM": "0.68%"}, {"": "International Equity", "Net Flows ($, mm)": "291.48", "AUM ($, mm)": "1,435,425.54", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "132.35", "AUM ($, mm)": "174,674.34", "% of AUM": "0.08%"}, {"": "Inverse", "Net Flows ($, mm)": "-289.40", "AUM ($, mm)": "13,578.84", "% of AUM": "-2.13%"}, {"": "Leveraged", "Net Flows ($, mm)": "566.24", "AUM ($, mm)": "92,863.06", "% of AUM": "0.61%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,440.24", "AUM ($, mm)": "5,320,583.10", "% of AUM": "0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,838.92", "AUM ($, mm)": "1,379,726.37", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "5,164.78", "AUM ($, mm)": "8,627,299.28", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Toronto, Ontario--(Newsfile Corp. - March 8, 2024) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it has changed its auditors from Raymond Chabot Grant Thorton LLP ("Former Auditor") to Kenway Mack Slusarchuck Stewart LLP ("Successor Auditor") effective March 8, 2024. At the request of the Corporation, the Former Auditor resigned as the auditor of the Company effective March 8, 2024 and the Board of Directors of the Corporation appointed the Successor Auditor as the Corporation\'s auditor effective March 8, 2024, until the next Annual General Meeting of the Corporation.\nThere were no reservations in the Former Auditor\'s audit reports for any financial period during which the Former Auditor was the Corporation\'s auditor. There are no "reportable events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") between the Corporation and the Former Auditor. In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Corporation and filed on SEDAR+ atwww.sedarplus.ca.\nThe Board of Directors would like to thank the Former Auditor for their past work and efforts.\nThe Corporation further announced today that it has settled a combined total of $400,000 CAD in debt via the issuance of 8,000,000 Common Shares at a price of $0.05 CAD per Common Share. and an additional $21,129 CAD in debt was settled via the issuance of 813,600 Common Shares at a price of $0.03 CAD per Common Share. All Common Shares issued in the debt settlement are subject to a four month plus 1 day hold period. The issuance of the Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets CorpT: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider, as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201087', 'No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company\'s stock is up over 900%, despite its core business stagnating.\nAre you a prospective investor who has a fear of missing out? Below, I\'ll examine why MicroStrategy is hoarding Bitcoin, how it\'s funding it, what could go wrong, and where the stock could go from here.\nMicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009.\nUp until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so.\nSaylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."\nSince then, the company\'s revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin.\nThe cryptocurrency\'s current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment.\nAs mentioned above, the company\'s core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity.\nFirst, the company\'s debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company\'s cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company\'s debt is unlikely to decrease anytime soon.\nAdditionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company\'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders\' ownership stakes in the company have decreased as more shares became available.\nIt\'s rather simple as to what could go wrong for the company: Bitcoin\'s price could crash. If the crypto price craters, MicroStrategy\'s stock will follow, and worse yet, the company could face a margin call.\nEssentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin\'s price fell low enough, MicroStrategy wouldn\'t be able to cover the margin call and could face bankruptcy -- even if it sells its holdings.\nPreviously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans.\nIn other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise.\nThe company\'s Bitcoin spending spree doesn\'t look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin.\nSenior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they\'re repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms.\nPut differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy\'s stock goes down, which will increase the company\'s debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined.\nThe company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin\'s return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses).\nAdditionally, MicroStrategy\'s market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing.\nThere\'s no doubt the company\'s bold Bitcoin strategy has paid off so far, but that doesn\'t necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nCollin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool', "Block(NYSE: SQ)pleased investors when it revealed its financial results for the last three months of 2023. Gross profit surged 22% on a year-over-year basis, with double-digit percentage gains for both Square and Cash App.\nThe company's forecast was also strong, particularly as it relates to profitability. Executives said they expect Block to post an adjustedearnings before interest, taxes, depreciation, and amortization(EBITDA) margin of 29% in the current quarter, which would mark a huge improvement from last year.\nThis business is picking up steam this year and beyond. Is it time to buy this topfintech stockon the dip?\nIn 2019, 2020, and 2021, Block -- then known as Square -- reported positive net income in each of these years. This was a consistently profitable enterprise, which is an attractive quality that all investors should want from the companies that they own.\nBut heavy investments in growth opportunities, like product development and customer acquisition, have led to losses for Block. Last year, co-founder and Chief Executive Officer Jack Dorsey decided that it was time to scale back and create a more efficient organization. Perhaps he recognized that in an era of higher interest rates, getting financially fit should be a top priority.\nIn 2023, Block's operating expenses were up 18% year over year, trailing the 25% jump in gross profit. This helped result in net income of $9.8 million for the full year, a welcome surprise.\nDorsey also set a cap of 12,000 employees until growth starts to seriously pick up (which would warrant new hiring). Across the tech landscape, we're seeing a similar focus from executives on getting rid of bloat that accumulated during the past few years.\nThere's no question that Block makes its users' lives better. This is a true sign that the company actually adds value. When considering what would happen if the business didn't exist, it's clear Block has aneconomic moat, particularly around switching costs.\nMerchants who use Square's wide array of offerings are unlikely to change providers given the headaches it would cause. Innovative features are always a main focus, most recently around ways to integrateartificial intelligence(AI) to improve sellers' ability to manage their businesses.\nAnd the same could be said for Cash App customers, of which there are 56 million monthly active users. As users interact with more features, like the Cash App Card orBitcointrading, it could further entrench them in the Cash App ecosystem, making it their primary personal finance tool. Cash App inflows, a key metric for the management team, rose 18% in Q4.\nLooking ahead, there is still a lot of growth potential. Combined, the leadership team forecasts a $190 billion gross profit opportunity for Square and Cash App.\nAs of this writing, shares of Block are an eye-watering 73% below their peak price. They've actually underperformed both theS&P 500andNasdaq Compositesince the start of 2023. This isn't what investors want to see.\nThe stock currently trades at a price-to-sales ratio of 2.1. That's significantly below its historical average.\nBut given the prospect of increasing profitability, we can look at the stock using a different valuation method. Shares are selling at aforward price-to-earnings ratioof just 24. That looks like an attractive price tag for a business that has as much potential as Block does.\nOf course, investors who are bullish on the company's ability to continue scaling up its gross profit and adding more customers, while at the same time reporting accelerating net income, should buy this stock without hesitation. It could be a huge winner in the long term.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nIs Block Stock a Buy?was originally published by The Motley Fool", 'Bitcoin recently climbed to arecord high, and many investors are taking another look at cryptocurrency as aninvestment vehicle. While the long-term outlook for crypto remains unclear, it appears to be here to stay in some form or another. One challenge when investing in this space is the sheer variety available — should you invest in cryptocurrency itself, companies involved in crypt, or both? Two obvious choices are Bitcoin and the crypto exchange Coinbase. Here’s a look at which is the better choice.\nCheck Out:I’m a Financial Advisor: These 5 Index Funds Are All You Really NeedRead Next:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nIt’s hard to directly compare the two, because they are in different asset classes. Bitcoin is a digital asset — in theory a currency, although data has shown that very few people are still using it that way. Coinbase is a business centered around crypto whose main focus is operating an exchange where market participants can buy and sell Bitcoin and other cryptocurrencies.\nThe distinction between the asset Bitcoin and the business Coinbase is crucial to understanding which is the better investment. During the California Gold Rush, it usually wasn’t the miners who got rich, it was the merchants and bankers that sold them equipment and bought their gold.\nThe problem with a physical asset like gold, or a digital one like Bitcoin, is that it is unproductive — it just sits there. It can’t create any value, although it may have other purposes in a portfolio, like serving as a hedge against inflation. That means that you can only make a return on your investment in Bitcoin if the price of Bitcoin goes up, and that’s far from certain.\nCoinbase, on the other hand, operates more like the merchants and bankers of the Gold Rush. As an exchange, they make money on the business activity surrounding crypto. Their business results don’t depend on the performance of any one cryptocurrency. If Bitcoin goes up and people start buying, that’s good for Coinbase. If Bitcoin goes down and people start selling, that can also be good for Coinbase. They also have the ability to expand into other business segments or even innovate new ones.\nLearn More:I’m a Banking Expert: Here’s How Much Money You Should Put in a CD\nIf you want exposure to cryptocurrency in your portfolio, the smart choice is to invest in a business that can generate real returns, rather than an unproductive asset that will never be able to create a cash flow. No one remembers the miners who tried to strike gold in the hills of Northern California, but companies that came out of the Gold Rush, like Levi Strauss and Bank of America, have made investors rich over the decades and are still going strong today.\nMore From GOBankingRates\n• 7 Household Products To Always Buy in Bulk at Costco\n• Average Cost of Groceries Per Month: How Much Should You Be Spending?\n• 7 Things to Do With Your Savings in 2024 to Grow Your Wealth\n• 4 Reasons You Should Be Getting Your Paycheck Early, According to An Expert\nThis article originally appeared onGOBankingRates.com:Coinbase Stock vs. Bitcoin: Which Should You Invest In?', 'Bitcoin recently climbed to arecord high, and many investors are taking another look at cryptocurrency as aninvestment vehicle. While the long-term outlook for crypto remains unclear, it appears to be here to stay in some form or another. One challenge when investing in this space is the sheer variety available — should you invest in cryptocurrency itself, companies involved in crypt, or both? Two obvious choices are Bitcoin and the crypto exchange Coinbase. Here’s a look at which is the better choice.\nCheck Out:I’m a Financial Advisor: These 5 Index Funds Are All You Really NeedRead Next:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nIt’s hard to directly compare the two, because they are in different asset classes. Bitcoin is a digital asset — in theory a currency, although data has shown that very few people are still using it that way. Coinbase is a business centered around crypto whose main focus is operating an exchange where market participants can buy and sell Bitcoin and other cryptocurrencies.\nThe distinction between the asset Bitcoin and the business Coinbase is crucial to understanding which is the better investment. During the California Gold Rush, it usually wasn’t the miners who got rich, it was the merchants and bankers that sold them equipment and bought their gold.\nThe problem with a physical asset like gold, or a digital one like Bitcoin, is that it is unproductive — it just sits there. It can’t create any value, although it may have other purposes in a portfolio, like serving as a hedge against inflation. That means that you can only make a return on your investment in Bitcoin if the price of Bitcoin goes up, and that’s far from certain.\nCoinbase, on the other hand, operates more like the merchants and bankers of the Gold Rush. As an exchange, they make money on the business activity surrounding crypto. Their business results don’t depend on the performance of any one cryptocurrency. If Bitcoin goes up and people start buying, that’s good for Coinbase. If Bitcoin goes down and people start selling, that can also be good for Coinbase. They also have the ability to expand into other business segments or even innovate new ones.\nLearn More:I’m a Banking Expert: Here’s How Much Money You Should Put in a CD\nIf you want exposure to cryptocurrency in your portfolio, the smart choice is to invest in a business that can generate real returns, rather than an unproductive asset that will never be able to create a cash flow. No one remembers the miners who tried to strike gold in the hills of Northern California, but companies that came out of the Gold Rush, like Levi Strauss and Bank of America, have made investors rich over the decades and are still going strong today.\nMore From GOBankingRates\n• 7 Household Products To Always Buy in Bulk at Costco\n• Average Cost of Groceries Per Month: How Much Should You Be Spending?\n• 7 Things to Do With Your Savings in 2024 to Grow Your Wealth\n• 4 Reasons You Should Be Getting Your Paycheck Early, According to An Expert\nThis article originally appeared onGOBankingRates.com:Coinbase Stock vs. Bitcoin: Which Should You Invest In?', 'In this article, we will be looking at the top 20 most valuable German companies. If you want to skip our analysis of the German market, you can skip ahead to theTop 5 Most Valuable German Companies.\nGermany\'s economy thrives due to the country\'s geographical significance in Europe for trade and also because the country dominates several global industries. The German automotive, chemical, mechanical engineering and electrical industries are the backbone of the country\'s economy. The German automotive industry is the most integral industry for the country\'s economy, out of the top 75 automotive manufacturers in the world, 15 are German companies. According to areportby AutoVista, January 2024 was the best opening for the German automotive market since 2020. Sales increased 19.1% compared to last year. The report forecasts 2.88 million new automobiles to be manufactured and distributed by the German automotive industry by the end of 2024.\nThe electronics industry is Germany\'s second largest and amounts to 10% of the domestic industrial output. Moreover, the electronics industry makes up 3% of Germany\'s gross GDP. According to areportby Germany Trade and Invest, GTAI, the German smartphone industry, in particular, is expected to reach $42.57 billion in 2024, growing at a rate of 1.3% year over year.\nGermany\'s semiconductor industry is another major industry uplifting the country\'s economy. According todataprovided by Simply Wall. St, the German semiconductor sector is expected to log an 8.6% increase in annual earnings over the next 5 years. The German semiconductor industry is the largest in Europe and the country has invested heavily in maintaining its semiconductor production. You might be interested in the10 Best Selling Consumer Products in Germany.\nInfineon Technologies (ETR:IFX), SAP (NYSE:SAP), and Siemens (ETR:SIE) are some of the most valuable and top companies in the German market. You might also be interested in the15 Best Places to Retire in Germanyand10 Most Expensive Cities To Live in Germany.\nInfineon Technologies (ETR:IFX) is a leading semiconductor company that specializes in power systems and IoT technologies. On February 20, Infineon Technologies (ETR:IFX)announcedthe sale of its two backend manufacturing sites to subsidiaries of ASE Technology Holding Co., Ltd (NYSE:ASX), an independent semiconductor manufacturing services company. One of the two manufacturing sites was based in Cavite, Philippines, and the other in Cheonan, South Korea. ASE will introduce new developments to the sites, however, a long-term supply agreement has been set between the two entities for continued supply of the new services and products to Infineon Technologies\' (ETR:IFX) existing customers. The agreement is expected to be finalized by the second quarter of 2024.\nSAP (NYSE:SAP) is a German software development company. The company is known for its S/4HANA software program that provides finance, procurement, supply chain, and asset management services. SAP (NYSE:SAP) also has several programmed solutions for human resources and customer services as well. On January 23, SAP (NYSE:SAP) reported earnings for the fiscal fourth quarter of 2023. The company reported earnings per share (EPS) of $1.53, surpassing EPS estimates by $0.21. The company reported a revenue of $9.19 billion and outperformed revenue estimates by $69.13 million. Here are some comments from the SAP (NYSE:SAP) Q4 2023earnings call:\n2023 was a great year for SAP. We met or exceeded our outlook in all key metrics. This clearly underlines that the transformation journey we started 3 years ago has now reached a new level. With significant business momentum, including in Q4, SAP is stronger and more relevant than ever as we enter the era of Business AI. At the same time, the tech industry is moving fast. We need to keep leading the way as a top enterprise application company and further advance to become the number one Business AI company as well.\nSiemens (ETR:SIE) is a German company and one of Europe\'s largest industrial manufacturing companies. The company has four segments; infrastructure, healthcare, industry, and transport. On February 27, the companyannouncedthe launch of Gridscale X, a modular software that helps tackle utility issues such as scaling grid capacity at a faster pace and increasing DER visibility in grid management. The software will assist grid operators in grid management, planning, and maintenance. This software is part of the Siemens (ETR:SIE) Xcelerator platform, which is an open digital platform that accelerates digital transformation.\nWith this context, let’s now take a look at the top 20 most valuable German companies.\nPhoto byMalusi MsomionUnsplash\nMethodology\nIn this article, we have listed the top 20 most valuable German companies. To make our list of the top 20 most valuable German companies, we relied on several sources, including industry reports, our rankings, and multiple similar rankings. We also went over the Yahoo Finance Screener and Finviz stock screeners. For public companies, we checked each company\'s market capitalization, as of March 8, on Yahoo Finance. The market caps for foreign companies were converted to US dollars based on the exchange rates, as of March 8. Our list is in ascending order of market caps as of March 8. To quantify the "value" or "size" of private companies, we selected the annual revenue available for the most recent fiscal year. The estimated valuation was sourced from major media reports based on the private companies\' latest funding round. The annual revenue was sourced from official statements by the company. Our list is in ascending order of market caps, as of March 8, for public companies, and alternative metrics for private companies.\nBy the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.\nMarket Capitalization: $25.34 billion\nAt number 20th on our list of the top 20 most valuable German companies is Uniper SE (ETR:UNO). Based in Dusseldorf, Germany, it is a multinational energy company with businesses expanding to Chicago, Singapore, Calgary, and Dubai. Uniper SE (ETR:UNO) has multiple global businesses such as energy trading, LNG, and gas. The market capitalization of Uniper SE (ETR:UNO) is $25.34 billion, as of March 8.\nMarket Capitalization: $33.52 billion\nRanking 19th on our list of the 20 most valuable German companies is Beiersdorf Aktiengesellschaft (ETR:BEI). It is a consumer goods company owned by the Herz Family. The company owns several world-renowned products such as Nivea, Labello, Eucerin, and Hansaplast. The market capitalization of Beiersdorf Aktiengesellschaft (ETR:BEI) is $33.52 billion, as of March 8.\nMarket Capitalization: $34.25 billion\nE.ON SE (ETR:EOAN) ranks 18th among the top most valuable German companies. It is an electric utility company and service provider. Essent, Suwag Energie AG, andE WIE EINFACH GmbHare the most prominent subsidiaries of the company. The market capitalization of E.ON SE (ETR:EOAN) is $34.25 billion, as of March 8.\nMarket Capitalization: $36.76 billion\nRanking 17th on our list of the most valuable German companies is Adidas AG (ETR:ADS). It is the world\'s second-largest and Europe\'s largest sportswear manufacturer. It is one of the footwear, apparel, and accessories brands owned by the Adidas Group, which also owns the Reebok and Runtastic technology company. The market capitalization of Adidas AG (ETR:ADS) is $36.76 billion, as of March 8.\nMarket Capitalization: $38.09 billion\nRanking 16th on our list of the most valuable German companies is Deutsche Borse (ETR:DB1) a share trading and securities marketplace based in Germany.\xa0 The platform gives access to investors and companies for transaction services and capital markets. The company has over 3,200 employees across the globe. The market capitalization of Deutsche Borse (ETR:DB1) is $38.09 billion, as of March 8.\nMarket Capitalization: $42.70 billion\nPorsche AG (ETR:P911) ranks 15th among the top most valuable German companies. It is a high-performance sports cars, sedans, and SUVs manufacturer. Owned by Volkswagen AG, the company is based in Stuttgart, Germany. The Panamera, Cayenne, 718, and 911 are some of the company\'s most famous sports cars. The market capitalization of Porsche AG (ETR:P911) is $42.70 billion, as of March 8.\nMarket Capitalization: $47.67 billion\nBASF SE (ETR:BAS), also known as Badische Anilin- und Soda-Fabrik, is one of the largest chemical producers in the world. The company owns several subsidiaries, such as Wintershall, Nunhems, and BTC Europe, to name a few. The market capitalization of BASF SE (ETR:BAS) is $47.67 billion, as of March 8.\nMarket Capitalization: $48.51 billion\nRanking 13th on our list of the top most valuable German companies is Infineon Technologies (ETR:IFX). It is Germany\'s largest semiconductor manufacturing company and one of the top 10 global semiconductor manufacturers. The market capitalization of Infineon Technologies (ETR:IFX) is $48.51 billion, as of March 8.\nMarket Capitalization: $50.13 billion\nDeutsche Post AG (ETR:DHL) is the domestic mail service in Germany, operated by the DHL Group. The company handles mail services such as mail communication, press services, retail outlets, and dialogue marketing services in its mailing division. The market capitalization of Deutsche Post AG (ETR:DHL) is $50.13 billion, as of March 8.\nMarket Capitalization: $65.46 billion\nMunich RE (ETR:MUV2), fully known as Munich Reinsurance Company, is a German insurance company. It is one of the world\'s largest reinsurance companies and also has a primary insurance subsidiary ERGO. As of March 8, the market capitalization of Munich RE (ETR:MUV2) is $65.46 billion.\nMarket Capitalization: $69.26 billion\nRanking 10th on our list of the top 20 most valuable German companies is Volkswagen AG (ETR:VOW). It is a multinational manufacturer of commercial and passenger vehicles, motorcycles, turbomachinery, and engines. It is a subsidiary of Porsche SE and is one of the world\'s largest automaking companies. As of March 8, the market capitalization of Volkswagen AG (ETR:VOW) is $69.26 billion.\nMarket Capitalization: $70.09 billion\nSiemens Healthineers (ETR:SHL) ranks 9th among the top 20 most valuable German companies. Based in Erlangen, Germany, it is a healthcare solutions and services company. The company owns several medical technology companies in Germany. The market capitalization of Siemens Healthineers (ETR:SHL) is $70.09 billion, as of March 8.\nMarket Capitalization: $74.72 billion\nRanking 8th on our list of the top most valuable German companies is Merck KGaA (ETR:MRK). It is a science and technology company divided into 3 main sectors, life sciences, electronics, and healthcare. The company operates on several continents and has research and development centers across several major cities around the globe. The market capitalization of Merck KGaA (ETR:MRK) is $74.72 billion, as of March 8.\nMarket Capitalization: $77.22 billion\nBMW (ETR:BMW), fully known as Bayerische Motoren Werke AG, is a German luxury vehicle and motorcycle brand. The company owns several other automobile brands such as Mini and Rolls-Royce, as well as its own motorcycle brand BMW Motorrad. As of March 8, the market capitalization of BMW (ETR:BMW) is $77.22 billion.\nMarket Capitalization: $84.94 billion\nRanking sixth on our list of the top 20 most valuable German companies is Mercedes-Benz (ETR:MBG). It is a multinational luxury and commercial automotive company, based in Stuttgart, Germany. It is one of the largest premium vehicle brands in the world and also has a commercial vehicle brand managed by Daimler Truck. The market capitalization of Mercedes-Benz (ETR:MBG) is $84.94 billion, as of March 8.\nClick to continue reading and see theTop 5 Most Valuable German Companies.\nSuggested Articles:\n• 15 States with the Best Healthcare in the US\n• Top 20 Biggest Mortgage Companies in the US\n• 12 Younger Woman Older Man Dating Sites in the US\nDisclosure: None.Top 20 Most Valuable German Companiesis published on Insider Monkey.', "PayPal(NASDAQ: PYPL)andBlock(NYSE: SQ)are two of the most popular fintech stocks today. Both have market caps of about $50 billion to $60 billion. Both have strong histories of growth. And both have plenty of growth potential.\nOne stock, however, is a much better buy today.\nPayPal the company does not need much introduction. Spun off from parent companyeBayin 2015, the company has amassed more than 400 million global users. From e-commerce transactions to paying back friends, almost everyone has either used PayPal personally or knows someone who has.\nPayPal the stock has a more volatile history.\nAfter its split from eBay, PayPal stock zoomed in value, from $40 per share to $300 per share in just three years. Since those all-time highs, however, the share price has cratered. PayPal shares now trade at 2017 prices.\nPayPal stock now trades at just 2.2 times sales -- a popular valuation metric forgrowth stocks. That's the cheapest shares have ever been.\nManagement has noticed the decline in valuation, opting toinvest $5 billionin share repurchases. By buying back its own stock at discounted prices, the company hopes to double down on a turnaround.\nThere's only one problem: PayPal has been here before. The company has already spent $15 billion in share repurchases since going public in 2015. These buybacks were executed at prices much higher than today, meaning they destroyed shareholder value.\nPayPal isn't going anywhere as a company, but don't be fooled into thinking the cheap valuation multiple is a clear buy signal. The reason the shares are cheap is that the company's best days of growth probably are behind it. In fact, its user base has beenshrinkingthe past two years.\nThe shares might be a worthwhile value at today's depressed prices, but there's a better choice for growth investors -- a stock with a turnaround story already in action.\nBlock has faced its own struggles. The company -- traditionally a payment processor, but more recently an investor in other areas like the peer-to-peer payment service Cash App, music platform Tidal, and a host of blockchain-related ventures -- has similarly seen its stock price crater after a slowdown in growth and a drop in profitability.\nOn a price-to-sales basis, Block stock is actually cheaper than PayPal, trading at 2.1 times sales. But as we'll see, the underlying business is much stronger.\nThe first advantage that Block has over PayPal is higher growth rates.\nWhereas PayPal's business is shrinking according to some metrics, most of Block's segments are experiencing strong growth. Block, for example, has 56 million monthly users on its Cash App. While growth has slowed significantly in recent quarters, the company continues to increase this user base.\nContinued user growth has allowed Block to maintain revenue gains that are much bigger than what PayPal has achieved, even during its\xa0 days as a hot stock after becoming an independent company.\nBlock is also better positioned for future growth.\nAs the company's name suggests, Block has made big bets on emerging blockchain technologies likeBitcoin. Users of its Cash App can already buy, sell, and transact in Bitcoin. Its Square payment processing platform, meanwhile, is poised to bring cryptocurrency transactions to the masses. Whereas PayPal is defending a plateauing business model, Block is positioned to capitalize on growth trends like the adoption of cryptocurrencies.\nWhy then is Block stock cheaper than PayPal?\nFor most of PayPal's public history, the company has been profitable, racking up billions in free cash flow -- the reason it has been able to fund its historical share buyback programs.\nBlock, meanwhile, has been unprofitable in recent years. When the shares spiked in 2020, however, the company had posted several quarters of profitability. This is what the market came to expect, until a string of quarterly losses sent the stock price tumbling.\nAs a whole, Block is less profitable than PayPal, but that's palatable as long as growth rates remain high. The market, after all, is willing to fund a rapidly growing company. When growth rates slow, however, the market suddenly becomes less willing to cover losses.\nLast September, Block co-founder Jack Dorsey rejoined Block as the chief executive officer with one mission: return the company to profitability. It didn't take long for this vision to be realized. In February, the company posted its first net profit in two years, albeit a small one.\nWith a return to profitability, expect Block's valuation multiples to pick up, especially if this feat is repeated in subsequent quarters. A high-growth stock that's profitable, no matter how small, deserves a higher multiple than 2.1 times sales in this market.\nBetween PayPal and Block, Block stock is the clear winner for investors right now.\nShould you invest $1,000 in Block right now?\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRyan Vanzohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends eBay and recommends the following options: short April 2024 $45 calls on eBay and short March 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\n1 Fintech Stock to Buy Hand Over Fist and 1 to Avoidwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-09 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,337,506,579,125 - Hash Rate: 642965064.1720946 - Transaction Count: 359029.0 - Unique Addresses: 632927.0 Social & AI Sentiment: - Fear & Greed Index: 0.84 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy Incorporated (NASDAQ:MSTR) Q4 2023 Earnings Call Transcript February 6, 2024 MicroStrategy Incorporated isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Shirish Jajodia:Hello, everyone, and good evening. I'm Shirish Jajodia, Vice President of Investor Relations and Treasury at MicroStrategy. I'll be your moderator for MicroStrategy's 2023 Fourth Quarter Earnings Webinar. Before we proceed, I will read the Safe Harbor statement. Some of the information we provide during today's call regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-Q filed with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today. Also, during today's call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com. I would like to welcome you all to today's webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar, and Michael, Phong or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company's name when submitting your questions. Now, I will walk you through the agenda for today's call. First, Phong Le will cover the business results and the key pillars of our business strategy. Second, Andrew Kang will cover the financial results for the fourth quarter and full year of 2023. Then Michael Saylor will provide a strategic review and discuss recent bitcoin market updates. And lastly, we will open up to Q&A. With that, I will turn the call over to Phong Le, President and CEO of MicroStrategy. Phong Le:Thank you, Shirish. Hello, everyone. I'd like to welcome all of you to today's webinar. I want to start by providing an update on the state of the company and achievements over the past year. Today, MicroStrategy is the largest corporate holder of bitcoin in the world, holding 190,000 bitcoins with a total bitcoin market value of $8.1 billion as of yesterday. In 2023, we acquired 56,650 bitcoins for a total purchase cost of $1.9 billion, an average price of $33,580. In 2024 so far, we've acquired an additional 850 bitcoins for a total purchase cost of $37 million. Over the past year, we've seen bitcoin mature further as an institutional-grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our Bitcoin strategy with a long-term focus. Andrew will provide further details on our Bitcoin purchase activity for this quarter later. MicroStrategy is also positioned as the world's largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,900 employees focused on our software business, devoted to achieving our vision of intelligence everywhere. The past year has marked the most transformative in our 25-year history of being a public company as we released MicroStrategy ONE, MicroStrategy AI, MicroStrategy Cloud for Azure, AWS, and now the Google Cloud platform and continue to focus on growth in both cloud and AI plus BI. In 2023, we made important progress in our shift towards our cloud offering resulting in annual subscription services revenue of $81.2 million, an increase of 34% year-over-year. See also20 Best Small Towns in Florida to Retireand15 Reasons Why Millionaires Think They’re Middle Class. To continue reading the Q&A session, pleaseclick here.... - Reddit Posts (Sample): [['u/DivideDistinct9539', 'My father who was skeptical of bitcoin is angry he didn’t put his yearly bonus in bitcoin back in 2019 ', 903, '2024-03-09 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', 'Years ago, I tried to talk my dad into putting money into Bitcoin and explaining it to him. He said it was a scam, so I respected his response and left it at that. Well, now that Bitcoin hit 69k, he came home today and asked if any of us had money in Bitcoin. We asked why, and he said, “It’s at 69k,” and now he’s angry he didn’t put his 2019 bonus into it because if he had, he would have made 500k in profit. He said, “I could have retired.” Now he’s pretty upset. I couldn’t help but say, “I told you so,” which I’m sure was annoying. I really wish he had put money into Bitcoin; he deserves to retire. He’s worked so hard his entire adult life to support his family and provide for us. Don’t make the mistake my dad made. Buy and hold. ', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', '1ba345d', [['u/watchingbigbrother63', 69, '2024-03-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktztjxx/', "Bitcoin still has a very long way to go. Tell your dad it's not too late.", '1ba345d'], ['u/Itchy-File-8205', 203, '2024-03-09 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzybzt/', "Angry is a bad thing. It means he's an emotional investor and would have sold low or for a loss.\n\nNo sympathy", '1ba345d'], ['u/2LostFlamingos', 26, '2024-03-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzyl3d/', 'Second best time to buy is today. \n\nHe can retire next year.', '1ba345d'], ['u/F_uckthe925life', 10, '2024-03-09 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku00y5p/', "I tried the same with mine back when Bitcoin was 16k he said he was ok he didn't want to buy any. Now at 69k he said he may buy some. \n\nSee it alot, everyone laughs at us when it's low when we're telling them to buy after so much research. But when they see us make money they want to jump on the moving train 😂", '1ba345d'], ['u/Sandcracka-', 16, '2024-03-09 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku01au3/', "If the price never goes back down and he doesn't buy then you are giving bad advice", '1ba345d'], ['u/organicgrower420', 374, '2024-03-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku05na0/', 'Woulda coulda shoulda', '1ba345d'], ['u/millionmilegoals', 109, '2024-03-09 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku06tjz/', 'So what did he do with his bonus?\n\nIf he had put it into tech stocks or at the very least the S&P 500 he would’ve done okay too.\n\nI suspect this is one of those things that he wished he should have invested but spent his bonus on a new boat or something and have hindsight regret.', '1ba345d'], ['u/Equal_Classroom_4707', 16, '2024-03-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07cgu/', 'This is so delusional.', '1ba345d'], ['u/NoElection2224', 42, '2024-03-09 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07oar/', 'Anyone who has been in the investment world for some time, not just with Bitcoin, knows that beginners will always have regrets. There are basically four types of regret:\n\n1- Not buying an asset and then after some time it appreciates: I will regret not having bought it.\n2- Buying an asset and then after some time it appreciates: I will regret not having bought more.\n3- Buying an asset and then after some time it depreciates: I will regret having bought it.\n4- Selling an asset and then after some time it appreciates: I will regret having sold it.\n\nThis is a natural passage in the life of every investor, and over time they learn to master this more emotional side.', '1ba345d'], ['u/IArgueWithIdiots', 35, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku08yl5/', "If he hasn't bought any yet, it hasn't clicked for him.\xa0 He'd probably just panic sell next time it drops.", '1ba345d'], ['u/Hank___Scorpio', 24, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku090ic/', "No one cares about the things we didn't do.", '1ba345d'], ['u/Kurupt-FM-1089', 1750, '2024-03-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0alyw/', 'Let’s be real, he wouldn’t sold at the first dip and then blamed you forever.', '1ba345d'], ['u/H_Bowman', 22, '2024-03-09 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0awma/', "People like this piss me off. I'm guessing he'll refrain from buying now too and will say the same thing in another 4 years 🤮", '1ba345d'], ['u/SpicyHashira', 11, '2024-03-09 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0crdm/', 'Agreed. I guarantee he would have sold for a loss if he’s getting emotional. Sounds like paper hands to me', '1ba345d'], ['u/shit_master', 18, '2024-03-09 03:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0eagt/', "but didn't, so whatever", '1ba345d'], ['u/RealCheyemos', 11, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0g87o/', 'I think those of us in the west have a privileged way of thinking about finances; we don’t see the endless inflation like some of these Third World countries do, plus we’re really used to having private property, rights and freedom of speech, and all of these western freedoms that we take for granted… A lot of that doesn’t existin other countries, actually, a lot of countries…', '1ba345d'], ['u/parkranger2000', 168, '2024-03-09 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0gozk/', 'Dad doesn’t know shit about BTC and no chance he would e held thru bear market. Son woulda been blamed for losses. This kind of thinking is dumb', '1ba345d'], ['u/Im_so_little', 48, '2024-03-09 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0j000/', 'He won\'t do it again either when BTC drops again. He\'ll say some shit like "I knew it was worthless" but the floor in the next bear will be 45k or some shit.', '1ba345d'], ['u/Hospitaliter', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0k4zm/', 'My wife does', '1ba345d'], ['u/slugur', 17, '2024-03-09 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kks9/', "He would've panic sold at 4k like a paper boy. I hate when people just look at today's price and think they would've held through multiple bear cycles.", '1ba345d'], ['u/NevaGonnaCatchMe', 19, '2024-03-09 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kvol/', 'Exactly. This isn’t exclusive to Bitcoin. I considered putting a signing bonus into Tesla in 2013. I sold AMC for a small gain in 2021…blah blah blah\n\nWelcome to investing “dad”', '1ba345d'], ['u/KaydeeKaine', 10, '2024-03-09 04:01', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0m0cx/', 'Probably pre halving dump', '1ba345d'], ['u/GreenStretch', 47, '2024-03-09 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0qk0t/', "He didn't tell OP, but hookers & blow.", '1ba345d'], ['u/Awkward_Potential_', 11, '2024-03-09 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0rq2x/', 'Guaranteed he\'s saying he\'s "too late" to it now. So basically, he wants to get rich with no knowledge or insight and wants to do it in a short amount of time with a small amount of money. Lol', '1ba345d'], ['u/watchingbigbrother63', 10, '2024-03-09 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t165/', 'Until the price passes $220k.', '1ba345d'], ['u/peekdasneaks', 10, '2024-03-09 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t3rp/', 'After this cycle I’ll buy more if it drops to 69. I’ve played the previous ath every time and it has been like clockwork', '1ba345d'], ['u/FirstTimeRedditor100', 35, '2024-03-09 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0tuoe/', "If his bonus was enough to have made $500K profit since 2019, he must have had an enormous bonus. Which also means he must make a fuckton of money so I don't feel bad at all.", '1ba345d'], ['u/Ahchingchongpeng', 12, '2024-03-09 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0viql/', 'The only difference is institutions are in now so we don’t know if it will go that low during the next bear .', '1ba345d'], ['u/papa_autist', 373, '2024-03-09 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0xokh/', 'This is the correct answer.', '1ba345d'], ['u/Dub_City204', 102, '2024-03-09 06:10', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku12uhz/', '100% and that’s why I gave up even trying to orange pill ppl, they just blame any small dip and trip out, I’ve had it happen to me', '1ba345d'], ['u/Sele81', 50, '2024-03-09 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku1dbxo/', 'Exactly. That’s why I never say anything if friends or family asks me about when and if to buy bitcoin/crypto. If it dips they will blame me. If it pumps, they are the genius.', '1ba345d'], ['u/DesignerSea494', 24, '2024-03-09 09:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku1o6rf/', "Yeah, I know several people who bought in 2021 around 50-60k and sold the dip in 2022. This is why I told my dad to NOT invest in BTC, because I know he'd do exactly that as soon as it dips.", '1ba345d'], ['u/The-Patronizer', 11, '2024-03-09 15:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku2la5i/', 'That’s why everyone I have ever told in the last 5 years about BTC it comes with my disclaimer. “I am only recommending you buy BTC if you hold no matter what.” I am not responsible for any decisions you make to sell it. I also stress the crazy volatility and don’t put in what you can’t afford to lose. And blah, blah, blah. Everyone I have told to get in they still own the same amount or have stacked more.', '1ba345d']]], ['u/thrwAwyHome', 'Is my mom getting scammed? Or did she just get recruited by a ratings farm?', 20, '2024-03-09 02:10', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/', "My mom just messaged me asking me if I knew what Metamask was and whether I knew anything about Bitcoin for currency conversion. Mind you she's 60, knows nothing about technology and completely broke so idk what a scammer would get out of her. \n\nApparently someone told her she'd be working for OpenTable uploading restaurant data and they'd pay her in Bitcoin because they're a global corporation. She sent me screen shots and the url is opentable - bio. C o m which I pointed out is not the legitimate OpenTable. So is this a ratings farm?\n\nAnyone seen this before?", 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/', '1ba51s9', [['u/SJB630_in_Chicago', 46, '2024-03-09 02:16', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku06w8b/', 'Open table makes.plenty of money off credit card customers and doesn\'t need anymore "data". \n\nThis is a !task scam', '1ba51s9'], ['u/CIAMom420', 31, '2024-03-09 02:36', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku09roh/', 'No legitimate company pays in bitcoin. International companies pay in the local currency, or, if all else fails, with the almighty American dollar.', '1ba51s9'], ['u/Erik0xff0000', 35, '2024-03-09 02:49', 'https://www.reddit.com/r/Scams/comments/1ba51s9/is_my_mom_getting_scammed_or_did_she_just_get/ku0bp26/', '2 week old, pays in bitcoin, impersonates a real company. This is 100% a scam.\n\nDomain: opentable-bio.com \nRegistered On: 2024-02-28', '1ba51s9']]], ['u/kredninja', 'What do you think of Cardano honestly?', 81, '2024-03-09 02:10', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/', "In simple terms, I think ADA is such a great concept put into action, but poor marketing.\n\nUnlike BTC, ETH, etc. ADA does not have the hype that the others have, I strongly believe the reason why the other major coins are doing well even though they are inferior is because the average investor aren't smart, they are all hype followers. I believe same could be said for all popular trends, no one know why they are doing it, just that it's the trend.\n\nWhat do you think of this analysis?", 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/', '1ba5268', [['u/gtiehen', 59, '2024-03-09 02:20', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku07hng/', 'I believe it’s got great potential and I like watching my stake rewards go up:) Ada pumps on a different wavelength. Just chilling', '1ba5268'], ['u/thisisQualia', 87, '2024-03-09 02:27', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku08fd5/', 'The Future. A sleeping giant.', '1ba5268'], ['u/woodyb2112', 28, '2024-03-09 02:38', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0a3jn/', 'All the genuinely important and innovative projects are (relatively) dormant rn. ADA, LINK, AVAX, MATIC/POL whatever it is now, for example. I pretty much agree with your reasoning, but I think the traditional institutional investments and integration will take them farther than retail hype ever could', '1ba5268'], ['u/gethereddout', 37, '2024-03-09 02:47', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0bb9q/', 'I think it’s a work of genius with a bright future', '1ba5268'], ['u/reddit_1999', 68, '2024-03-09 03:00', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0d5xw/', 'Rock solid, stable blockchain with zero downtime. Best staking method. Best solver of the crypto Trilemma problem. I think it will be one of the winners in the long term.', '1ba5268'], ['u/Dazzling_Marzipan474', 13, '2024-03-09 03:02', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0djg5/', "It's up 130% this year and if you bought last bear you're up about 18x.", '1ba5268'], ['u/SwimmingGreat5317', 21, '2024-03-09 03:03', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0dme5/', 'Great future and trying to do the right thing at every stage. It helps my trust of the technology that it’s founder is out front representing Cardano and talking about the vision.', '1ba5268'], ['u/IamLkevin', 107, '2024-03-09 03:34', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0i2ty/', 'It’s literally in the top 10 and has marketed itself as one of the most reliable and decentralized.', '1ba5268'], ['u/gstagks4life', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0k514/', 'I think if every person that was concerned about marketing took action to market Cardano it would be more powerful. ADA is my top position and has been since 2017. Be the change buddy.\n\n![gif](giphy\|3o7TKNfG064bx1fiqQ\|downsized)', '1ba5268'], ['u/Cyril2016', 15, '2024-03-09 04:05', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0mlkl/', "Marketing is important. The more people know about it, the more traction it will get.\n\nLook at a project like Helium (with a real life use case). Initially they had their own block chain but that wasn't working for them so now they are building on Solana.\n\nCardano needs more developers and projects that have impact on real life, not some NFT's or meme coins.\n\nQuestion for developers: why would you choose the Cardano block chain over all the others? I know Cardano is one of the most decentralized block chains but apparently that doesn't matter if you look at the other chains.\n\nIs it maybe too difficult to build on Cardano and much easier on Ethereum for example? Cardano should be #1 chain to be if you are building a serious project. How can we lure the projects to 'our' chain?\n\n\nFrom a user perspective it is stable, has zero risk staking, smart contracts but I feel like we need more. Something big that no other chain has (yet) to make a difference.\n\nJust sad to see that meme coins are about to have higher market cap than Cardano.", '1ba5268'], ['u/reditpost1', 11, '2024-03-09 05:14', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku0vxdr/', "It's rock solid. First they build out sideways and the they scale up. A strong organic grass roots project building a strong foundation.", '1ba5268'], ['u/bje332013', 24, '2024-03-09 06:04', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1248s/', '"ADA does not have the hype that others have ... because the average investor aren\'t smart, they are all hype followers."\n\n\nAgreed. Henry Ford once supposedly said "If I had asked people what they wanted, they would have said faster horses."\n\n\nCardano is currently very undervalued, and that has nothing to do with its competency. Apple was nearly bankrupt for a long time, and now it is easily one of the biggest corporations across the world.\n\n\nThere is so much excitement for crypto now because Bitcoin ETFs are available. So what? If people were serious about investing in Bitcoin, they could have bought it directly instead of waiting years for ETFs to be approved so they could buy shares in a fund that tracks the price of BTC.\n\n\nThe point I\'m making is that a lot of people who get into crypto are idiots and are only trying to make a quick buck, not even educating themselves about what crypto is or why the centralization that comes with ETFs goes against the principles that led to the creation of Bitcoin. Is it any wonder that Cardano is currently undervalued, especially considering how relatively new crypto is and how hostile regulatory bodies like the SEC have been to it?', '1ba5268'], ['u/Podsly', 11, '2024-03-09 06:08', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku12jdw/', 'I’ve never tried anything else. I pumped about 400k into it half way through the last bill and never sold.\n\nI bought some project tokens. Some were rugged. Some are still going. It’s been interesting Whatching things develop. \n\nAiken looks awesome and projects are starting to use it. I love that. Community is starting to take over cardano. I just learned that the Ape Society helped build LevvyFiance. \n\nThere are lots of things happening on top of the excellent foundation from CH and all those at IOG, Emurgo and Cardano Foundation.\n\nIt’s starting to build momentum.', '1ba5268'], ['u/iLuvRachetPussy', 10, '2024-03-09 08:15', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1g4zx/', '1. Due to its unique EUTXO accounting model and the use of Haskell/Plutus it cannot easily interface with other blockchains. We have our own wallet providers whereas other chains can use one wallet like Phantom or Metamask to solve multiple blockchain needs.\n\n2.EUTXO gives us our own unique problems to solve with our own DEXes. In fact in order to place a trade you generally have to be willing to accept a high degree of slippage.\n\n3. Because of EUTXO CNTs find extreme difficulty getting listed on tier 1 CEXes. \n\n4.Because of our use of Haskell/Plutus, development power on the entrepreneurial side is much lower than EVM chains. \n\n5. The chain while being reliable, due to missing a few market or fast finality tends to come up short in times of high demand where time is the main constraint in a transaction.\n\n6. For reasons I fail to understand there is not enough liquidity here and once you pair that with #5 and #2 it is hard to have a healthy defi market. \n\nSo long story short yea here at Cardano we all think we are the best or whatever. I’ve personally been using Sol, poly, and Bitcoin more lately and enjoying the fast and cheap transactions. I don’t think I’m an idiot that only cares about hype. I am just a user using the products that provides me the smoothest UX. \n\nCardano chose this path and maybe it will be worthwhile. Cardano is ultimately just another chain with no compelling use case for the average user. And this is coming from a self proclaimed (ex) Cardano-maxi.', '1ba5268'], ['u/SailstheSevenSeas', 14, '2024-03-09 10:22', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku1ro9g/', 'The protocol itself. You stake with a stake pool, through a wallet', '1ba5268'], ['u/ITeabagInRealLife', 38, '2024-03-09 12:41', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku241qt/', 'It briefly reached top 3 last cycle, what a sight.', '1ba5268'], ['u/Handyman_4', 16, '2024-03-09 13:32', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku29ae7/', 'Reliability is unrivaled.', '1ba5268'], ['u/Ok-Engineering1873', 19, '2024-03-09 18:34', 'https://www.reddit.com/r/cardano/comments/1ba5268/what_do_you_think_of_cardano_honestly/ku3jpm3/', 'You can certainly rely on ETH to have insanely high fees.', '1ba5268']]], ['u/Needsupgrade', "US gov is printing $1 Trillion with a T dollars every 100 days. I promise this is not the time you want to buy dollars . Don't sell the hardest asset for one entering this phase of debt debasement....", 334, '2024-03-09 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/', "If you want to rebalance out of Bitcoin do something that makes sense like purchase income producing assets like for example dividend paying stocks or a business then use that money to continue to DCA. Or other things that make sense , but not dollars. \n\nGreetings from Argentina \nStares inflation traumatized into the distance because he's seen some shit\n\nYou think it will stop and you might see the nominal price shoot up where it seems like a lot of money because you are anchored to what the dollar amount used to be worth in purchasing power but you will regret buying dollars", 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/', '1ba5lkb', [['u/PepeDeCorozal', 112, '2024-03-09 02:55', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0ci2u/', 'Thank you.\n\n\nBeing from the DR, I too am inflation traumatized.\n\n\nAmericans are blissfully unaware how suddenly a currency goes from ailing to absolute dogshit.', '1ba5lkb'], ['u/Confident-Bonus-9412', 34, '2024-03-09 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0du32/', 'There is a solution to the depreciation of fiat.\n\n\nRaise minimum wage from 9$ to $10.\n\n\nAmerica baby', '1ba5lkb'], ['u/crbvegas', 31, '2024-03-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0fhi8/', 'Newsflash if dollar tanks EVERYTHING tanks.', '1ba5lkb'], ['u/BitcoinMD', 13, '2024-03-09 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0iw1v/', 'What other letter could trillion start with?', '1ba5lkb'], ['u/VancouverCollectible', 70, '2024-03-09 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0mqdz/', 'When you realize the US pays back its debt by printing more money 💀🙏😭', '1ba5lkb'], ['u/Ok-Branch-6043', 10, '2024-03-09 04:10', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0n9kx/', 'Newflash, be ready.', '1ba5lkb'], ['u/Normal-Jelly607', 34, '2024-03-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0onvo/', '“So happy I bought btc at $61 and sold at $69 lol”\n\nNext year: “awwe man”', '1ba5lkb'], ['u/Normal-Jelly607', 40, '2024-03-09 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0p1zs/', 'When you realize the debt is imaginary and yet we’re all forced to pretend it’s real', '1ba5lkb'], ['u/No_Combination7190', 22, '2024-03-09 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0rjo9/', 'When you realize the debt being injected into our economy by our elderly leaders will almost certainly need to be repaid by us in the future through even higher taxes.. 💀', '1ba5lkb'], ['u/Normal-Jelly607', 15, '2024-03-09 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0s637/', 'An endless cycle of poverty', '1ba5lkb'], ['u/UnknownEssence', 54, '2024-03-09 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0svny/', 'Everyone in this post is an idiot. \n\nThe US debt is increasing by a trillion every 100 days. They are not printing a trillion. \n\nThose mean different things. r/Bitcoin is and always has been filled with financially illiterate people, especially in bull markets..', '1ba5lkb'], ['u/TakingChances01', 19, '2024-03-09 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku0yqdc/', 'The Americans in this sub seem pretty aware, while thankful that the USD holds up better than some other currencies, it too is a shit show infinite money glitch for the central banking cartel and is trending towards zero rapidly while the cost of goods and services continue infinitely higher. US had 9% inflation in 2022. The uneducated think that since inflation is down to 3.2 that means prices of consumer goods are going to decrease. No, the rate of consumer price increase has more than halved, but it’s still increasing, only slower, and while it’s down all the way to 3.2% now, that’s still 70% higher the the FEDs target and the historical average.', '1ba5lkb'], ['u/draeneirestoshaman', 15, '2024-03-09 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1ba5lkb/us_gov_is_printing_1_trillion_with_a_t_dollars/ku120oq/', 'are you serious? LMAO', '1ba5lkb']]], ['u/mulanthepulan', 'FINALLY A HALF COINER!!!', 567, '2024-03-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/', "Broke up with my long-term ex over a year ago, and I felt like total ass shit. I was broken. But I just invested this depression, sadness, and energy into learning as much about BTC as possible over the past year. I live at home with my parents. I have a full-time job, and take on 2 other side gigs. I shop at value village and try to always buy everything used. Make my own BK, lunch, and dinner. Keep stacking up over the past few months and have FINALLY got over 0.50 BTC. Feels pretty amazing. Keep stacking y'all. No matter what. Make yourself better. We deserve better.", 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/', '1ba6fpz', [['u/Financial_Clue_2534', 16, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0g4xw/', 'Congrats!', '1ba6fpz'], ['u/MarkReddit0703', 10, '2024-03-09 03:49', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0kayy/', 'Congrats, mate\\~', '1ba6fpz'], ['u/Lagered_and_happy', 21, '2024-03-09 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0kp70/', "Good job man! \nSimilar situation, i was pretty broken too couple months ago. Ever since that, i've been super committed to trading and investing. Building up that portfolio while being back at our parents feels so amazing. This break up literally gave us the opportunity to build wealth and it does feel amazing.", '1ba6fpz'], ['u/Natedawg316', 11, '2024-03-09 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0m6sp/', 'Total ass shit sounds terrible. Like your whole ass is covered in shit? Super squishy diarrhea .', '1ba6fpz'], ['u/DaVirus', 91, '2024-03-09 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0pgw3/', 'Bitches are temporary, sats are eternal.', '1ba6fpz'], ['u/Deathstaroperatorguy', 14, '2024-03-09 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku0xj65/', 'This needs to be a shirt.', '1ba6fpz'], ['u/Born_wild', 11, '2024-03-09 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku105rn/', 'I have just a bit over 0.1, aiming at 0.2 before halving\xa0', '1ba6fpz'], ['u/bobyouger', 19, '2024-03-09 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku13lb1/', 'Congrats. Now stop telling people how much bitcoin you have.', '1ba6fpz'], ['u/chillBull1', 179, '2024-03-09 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku13mad/', 'Bro I cannot believe this… \nThis post literally gave me hope, I broke up with my gf of 4 years literally an hour ago feel like shit lol but im gonna grind this out heavy', '1ba6fpz'], ['u/ogvipez', 58, '2024-03-09 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1d75l/', 'Just remember the pain is temporary bro, you got this 💯', '1ba6fpz'], ['u/Pretend-Hippo-8659', 40, '2024-03-09 08:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1gn9o/', 'I broke up with my wife and went from whole coiner to half coiner. Never marry, coz then the pain never ends.', '1ba6fpz'], ['u/davidbanner_', 16, '2024-03-09 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1ir7l/', 'Breaking up with long term women seems to be the key here.', '1ba6fpz'], ['u/Spimbi', 10, '2024-03-09 09:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1nmxr/', 'Your ex will be contacting you in less than a year. Be prepared.', '1ba6fpz'], ['u/Bitcoin_Maximalist', 23, '2024-03-09 10:05', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku1q8l3/', 'bitcoin is a wife changing event', '1ba6fpz'], ['u/emergency_salad_fox', 14, '2024-03-09 15:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba6fpz/finally_a_half_coiner/ku2qb9e/', 'Dudes going through their own halvings.', '1ba6fpz']]], ['u/Formal-Collection239', 'life is so interesting ', 46, '2024-03-09 04:13', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/', 'for the past couple hours i’ve been on BTC discussions going back to 2009 and people were discussing BTC the same way people are discussing pi now. some thought it a scam and others thought it was the next big thing. it was so interesting to see that those who believed in the project are enjoying the fruits of their labour and those who didn’t….. \n\nAnyways that brings me to Pi Network. it’s so interesting to me that in 10 years time Pi could either be one of the greatest cryptocurrencies and those who mined pi would be living their greatest lives or it could be another shitcoin… \n\nthat’s the beautiful thing about life. we’ll have to wait to find out… ', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/', '1ba7l8g', [['u/lexwolfe', 11, '2024-03-09 12:59', 'https://www.reddit.com/r/PiNetwork/comments/1ba7l8g/life_is_so_interesting/ku25tge/', 'Most of the money you see in crypto is speculation of future value which is linked to future utility. Final products are of no interest to speculators.\n\nPi plans to launch as a final product.', '1ba7l8g']]], ['u/InclineDumbbellPress', "If you think the bull run isn't here yet think again", 36, '2024-03-09 04:13', 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/', "There are multiple $1 million trades again.\n\nCoinbase crashing every week.\n\nBTC's new ATH done, and halving coming.\n\nMeme coins back in business.\n\nHigh school friends texting you after years asking for financial advice.\n\nGrandma asking you why the hell do you keep staring at your phone every 2 minutes.\n\nWelcome back baby, we're just getting started.\n\n", 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/', '1ba7lt2', [['u/SigiNwanne', 16, '2024-03-09 04:49', 'https://www.reddit.com/r/ethtrader/comments/1ba7lt2/if_you_think_the_bull_run_isnt_here_yet_think/ku0skgz/', 'It has began, just got to be the longest bull run ever.', '1ba7lt2']]], ['u/garbageisreddit119', 'Anyone else own no altcoins at all?', 50, '2024-03-09 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/', "Let's have a support group where we just sit around and stare at Bitcoin and ignore the random 50xs that are apparently happening in the shitcoin realm", 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/', '1ba7n87', [['u/harrumphx', 20, '2024-03-09 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku0rbuf/', "Well I don't think you're stupid. I'm not interested in shitcoin, or the market timing that would be needed to roll my stack into and out of them, or the fantastically higher risk of going to zero.", '1ba7n87'], ['u/Normal-Jelly607', 14, '2024-03-09 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku0t7d6/', 'All altcoins go to zero', '1ba7n87'], ['u/Bromigo112', 21, '2024-03-09 06:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku15c5r/', "I think it takes at least one cycle for folks to learn that altcoins are truly shitcoins and that their hype is purely based around marketing. Over time, folks in the space realize that Bitcoin is the best and there is no second best and that it's much less stressful to own bitcoin compared to everything else.", '1ba7n87'], ['u/tsawse', 11, '2024-03-09 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1akh0/', 'I own altcoins and think bitcoin is the only one that matters', '1ba7n87'], ['u/Tasty_Action5073', 10, '2024-03-09 07:25', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1b5q0/', 'After the alts sweep all of the new comers money, they all put it in bitcoin. lol', '1ba7n87'], ['u/veganbitcoiner420', 11, '2024-03-09 09:17', 'https://www.reddit.com/r/Bitcoin/comments/1ba7n87/anyone_else_own_no_altcoins_at_all/ku1lwiy/', 'you mean shitcoins?\n\nthere is no alternative to bitcoin so calling them altcoins is a lie', '1ba7n87']]], ['u/All_I_Talk_Is_Tech', 'How can I stop looking at the price…', 68, '2024-03-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/', 'Guys… I’m addicted to looking at the price. I legit want to set it and forget it. My btc is money I don’t need to ever touch. \n\nHow can I set it and forget it, and stop watching btc price videos. \n\nI just buy and hold yet I’m adicted to checking the price every 20 mins - I have had this issue for years now \n\nAny advice? \n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/', '1ba7qkd', [['u/Traditional_Rich_992', 27, '2024-03-09 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku0q2nw/', "Study bitcoin instead; redirect your attention\n\nYou'll realize it's not really about the price\n\nIf you practice self control, you will get better at it. Each time try to wait 1 more minute than last time", '1ba7qkd'], ['u/Lionsjunkie', 26, '2024-03-09 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku0q2pf/', "It's hard not to be excited when you're making huge weekly/monthly gains", '1ba7qkd'], ['u/RIPLimJahey', 105, '2024-03-09 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku1a8rz/', 'When it bottoms and your -50k down, is when I usually stop checking', '1ba7qkd'], ['u/oscartheoneandonly', 16, '2024-03-09 10:56', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku1up2g/', 'I can verify this', '1ba7qkd'], ['u/vremains', 11, '2024-03-09 12:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba7qkd/how_can_i_stop_looking_at_the_price/ku246mz/', "Yup, I went weeks without checking during the bear market. However now I'm back to every chance I get 😅", '1ba7qkd']]], ['u/not-ofearth', 'How woyld you explain bitcoin to elderly grandparents.', 27, '2024-03-09 04:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/', "My grandpa is old school. He's 80 years old, he worked in the fileds since he was a teeneger when he came from Mexico, he's a simple old dude. He likes his garden, to watch birds and watch sports. He dosen't even own a cellphone or ever used a computer. \n\n\nHow would you explain bitcoin to him?", 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/', '1ba7u05', [['u/Fooshi2020', 41, '2024-03-09 04:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0rdpt/', "You don't unless he is genuinely interested. Otherwise there is no point.", '1ba7u05'], ['u/not-ofearth', 14, '2024-03-09 05:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0wgq9/', "He's asked me about it. I briefly just explained how mining worked to him.", '1ba7u05'], ['u/Fooshi2020', 17, '2024-03-09 05:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0x4c4/', 'Good for him. A curious mind keeps us young.', '1ba7u05'], ['u/benjaminchodroff', 14, '2024-03-09 05:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/1ba7u05/how_woyld_you_explain_bitcoin_to_elderly/ku0xfhq/', 'I have managed to explain bitcoin to my young son, but that doesn\'t mean he truly knows every nuanced detail of how it works. But he has an mental model that he can appreciate it. I think you grandpa can learn too.\n\nYour grandpa knows what physical gold is, and how while he can\'t prove it is scarce in the earth, he knows it is relatively scarce. Bitcoin, like gold, is scarce because there will never be more than 21 million of them. Bitcoin, like gold, can be subdivided into incredibly small pieces - the smallest being a satoshi which is a hundred millionth of a bitcoin. Bitcoin may be considered better than gold because it has an absolutely maximum of 21 million bitcoins (proving this requires reading the open source code), and it can be sent electronically - but gold has no absolute maximum in the universe, and gold cannot be sent electronically. \n\nHow does it work and how do we know this is true? A "block" of a set of transactions is mined every 10 minutes and has a link to the proof of the last block - creating a "chain". The miner receives a reward and all the transaction fees when they find the next block in the chain. This reward started with 50 new bitcoins per block, but every 210,000 blocks (about 4 years) the reward is reduced in half - called the halving. Eventually, in the year 2140, all 21 million bitcoins will be mined and no more will be in existence. When you send a transaction, it is sent around the internet to other miners who are attempting to include valid transactions (no double spending, etc.) in a block. In order to include this transaction in a block with a bunch of other pending transactions, the miners must solve an adjustably hard cryptographic puzzle that aims to ensure it is statistically likely to solve within 10 minutes. Every 2016 blocks, the cryptographic puzzle will increase or decrease in difficulty to ensure the average block period is 10 minutes. This means if more or less miners participate, the puzzle will self adjust. \n\nBitcoin has many other amazing features such as a scripting language that can enable one transaction to actually include many, many transactions (SegWit, TapRoot) or even lock bitcoins for a period of time (hash time lock contracts) which have enabled scaling the bitcoin network to new heights. When a participant joins the bitcoin network, they download a copy of the chain history and help share it to others. This ensures that even if many people were to drop or be forced off the network, the network would remain highly resilient as many, many people have copies of the chain. \n\nI could go on and on (as there are usually many questions on hard forks, attacks, etc.) but this is enough to cover a good start! I recommend he reads a book if he wants to truly learn more and how it compares to other currencies. The most popular is "The Bitcoin Standard."', '1ba7u05']]], ['u/Ok_Art_2874', 'The system is rigged to protect asset holders over fiat income earners. So, invest and HODL!', 34, '2024-03-09 05:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/', 'Asset holders are protected by the system more than income-earners\n\nI started working a little over 20 years ago. My starting salary was about $80k. My starting net worth was about $2k (I had a used car worth maybe $2k).\n\nMy salary has barely increased when adjusted for inflation - I now make about $200k, which is a little better than 2x, but not by much. I have been getting pats on the back and 3-4% annual raises for years.\n\nSimilar story for my spouse.\n\nWe have been gradually accumulating assets, so that our net worth has now reached $4.1M Net assets = $5.5M, net liabilities = $1.4M (mortgage loan at 2.6% fixed rate). The assets consist of home (quite modest but valued at $3M - talk about fiat debasement), stocks, bonds, and Bitcoin. Basically, a little bit of everything.\n\nSo, while income has only gone up by only 2.5x, net worth has gone up 2000x.\n\nSo, start investing and accumulating different types of assets with whatever your income. The system is designed to protect asset-holders, not fiat income-earners.', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/', '1ba8jbr', [['u/Fit-Welcome-4499', 125, '2024-03-09 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku0vka8/', 'u here flexing or complaining? i cant tell', '1ba8jbr'], ['u/chainer3000', 42, '2024-03-09 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku0z64l/', 'Your starting salary was 80k 20 years ago. It’s 200k now. I mean congrats bro, duh investing well works.', '1ba8jbr'], ['u/vinsanity_07', 20, '2024-03-09 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku11vd8/', 'Lol you make great money the fuck u talking about', '1ba8jbr'], ['u/CounterAdmirable4218', 56, '2024-03-09 06:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku12nr3/', 'I started out rich and now I’m still rich shocker.', '1ba8jbr'], ['u/averysmallbeing', 15, '2024-03-09 07:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku19gs4/', "Also 3-4% raises every year is a luxury, just because everyone should be getting that doesn't mean they actually are.\xa0", '1ba8jbr'], ['u/Role_Imaginary', 21, '2024-03-09 07:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1abfq/', '$80k is now " pretty much nothing"..\n\nWhen I started working I made $9 an hour 20 years ago..\n\nBut yeah. Step one. Don\'t be poor. Got it..', '1ba8jbr'], ['u/Then-Signature2528', 12, '2024-03-09 07:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1bqem/', "Started from the middle now he's here lol.", '1ba8jbr'], ['u/FairCry49', 34, '2024-03-09 07:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1d386/', "Is there a reason you posted this in like twenty different subreddits?\n\n\nAlso believe it's fantasy, but if not good for you!", '1ba8jbr'], ['u/Rendole66', 22, '2024-03-09 07:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1ejwr/', 'You started out with a job that paid 80k, how the hell was your first job with 0 experience paying 80k? Pretty sure I made 10k a year with my first dishwashing job', '1ba8jbr'], ['u/Frag187', 14, '2024-03-09 08:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fbfi/', 'This. The guy probably had a good job lined up for him.', '1ba8jbr'], ['u/Rendole66', 13, '2024-03-09 08:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fj98/', '“My dad owned a bunch of banks and let me manage one after school that he paid for, let me tell all you poors how to be successful and smart like me”', '1ba8jbr'], ['u/jadequarter', 10, '2024-03-09 08:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1fqxt/', 'congrats and fuck you', '1ba8jbr'], ['u/PancakeConnoisseur', 17, '2024-03-09 08:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1k348/', 'Of what? Earning more than 90% of people and accumulating wealth?', '1ba8jbr'], ['u/Dazzling_Marzipan474', 10, '2024-03-09 09:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1kiix/', 'Ya this would come off way better if it just says times this amount and not trying to flex a few mil lol', '1ba8jbr'], ['u/Ashald5', 16, '2024-03-09 09:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1kqxh/', 'This is such a dumb post. Your salary after adjusted for inflation for 2024 is 135k (80k in 2004). Your starting salary put you leap frogs ahead of anyone during this time as the cost of living is significantly less. \n\n135k today is very different than before. Yes, you HODL but you had enough disposable income to put in the market to grow your net worth', '1ba8jbr'], ['u/look4jesper', 35, '2024-03-09 09:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1nqnn/', 'Bro had and 80k salary in 2004 and is complaining lmao', '1ba8jbr'], ['u/look4jesper', 10, '2024-03-09 09:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1ba8jbr/the_system_is_rigged_to_protect_asset_holders/ku1nvkf/', '"Modest home" for $3 million xd', '1ba8jbr']]], ['u/TipsyRooOfficial', 'We’re getting stupider.', 35, '2024-03-09 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba8mgo/were_getting_stupider/', 'Fellow bitheads,\n\nWe’re getting stupider and stupider every day.\n\nWell… not all of us.\n\nI’m specifically talking about the day traders. However, it’s not completely their fault, because they’ve been stupid this whole time, and perhaps they don’t know better.\n\nFor clarification, there is a finite supply or BTC and access to that supply is RAPIDLY shrinking; More so than ever, and that’s never changing.\n\nNot only with the halving coming up, but with big financial institutions buying up everything they can find.\n\nWith a shrinking supply, each failed trade is more crucial than the last. \n\nEach failed trade, puts BTC in the hands of Fidelity and Blackrock at a discounted price.\n\nThey are not leaving money on the table.\n\nThey WILL buy it. \n\nEvery. single. time.\n\nAnd they are literally banking on your stupidity.\n\nEvery time you fail a trade, you’re handing the resources of the individual to the top 0.5%.\n\nStop doing that.\n\nBuy and hold and never stop buying.\n\nYou will make 1000x your money in the long run.\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1ba8mgo/were_getting_stupider/', '1ba8mg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'In this article, we will list the 20 countries with the highest cryptocurrency adoption. If you wish to skip our detailed analysis, you can go to the5 Countries with the Highest Cryptocurrency Adoption.\nAccording tocalculationsby Bitstamp, trends in cryptocurrency adoption have shown an all-time high in developing countries across the globe, predominantly concentrated in Latin America, Africa, and Asia, as of 2022. This trend can be corroborated by the fact that Bitcoin became a recognized currency in the Central African Republic and El Salvador in 2022 and 2021, respectively. Both countries expressed interest in the benefits of doing so which included the augmented financial opportunities and diminished expense of cross-border remittances.\nOn March 5, Forbesreportedthat the cryptocurrency market is undergoing a prominent shift, especially after the dip of 2023 caused by the overall macroeconomic situation. Bitcoin itself underwent a high of $45,208 at the beginning of 2024, with the world crypto market reaching $1.74 trillion on January 3, 2024. According tostatisticsby Forbes, it stands at $2.72 trillion, as of March 9, 2024.Both Bitcoin and Ethereum have shown a remarkably stable rise in trading since the beginning of 2024, making it a promising year for cryptocurrencies.\nAccording to the computations of the Crypto Market Sizing Report put forward byCrypto.com, global cryptocurrency ownership increased by 34% in 2023 alone. Out of the 580 million people who bought cryptocurrency in 2023, Ethereum ownership increased by 39%, while a 33% increase was attributed to Bitcoin users.\nThis surge holds even more importance since it materialized against various global macroeconomic challenges, including the ongoing conflicts in the Middle East and Europe, financial constraints imposed by central banks in the West to combat inflation, and the ripple effects of the pandemic still evident.\nBitcoin users went from 222 million to 296 million between January 2023 and December 2023, while Ethereum users increased from 89 million to 124 million between the same time frame. Primary factors that fueled this growth include the rise of Bitcoin exchange-traded funds (ETFs), as well as the role of Bitcoin Ordinals protocols which allow for the seamless minting of fungible and non-fungible tokens (NFTs) on the Bitcoin network.An increased interest from institutional investors is further driving the popularity of cryptocurrencies.\nThe world’s most dominant cryptocurrency, Bitcoin, made history by reaching an all-time high of $70,000 on March 8, 2024. With a 2% uptrend, Bitcoin surpassed this benchmark for the first time in history, albeit momentarily. It had reached $69,300 on March 5, which is seldom considered the point of high resistance which results in high volatility once surpassed.\nWith a momentary touch to the $70,000 mark, Bitcoin dropped to $68,000. It is uncertain what the timing of its position above the high resistance mark was, but market observers and crypto enthusiasts are keeping a close eye on Bitcoin’s movement.\nThe crypto market is highly volatile, however it is a high-growth market with major companies working on technological advancements to support it. Some of the top companies making strides in the crypto market includeCoinbase Global Inc. (NASDAQ:COIN), PayPal Holdings, Inc. (NASDAQ:PYPL), and CME Group Inc. (NASDAQ:CME).\nCoinbase Global Inc. (NASDAQ:COIN)ranks among the top companies in the crypto market. It provides a secure, easy-to-use platform for users to buy, sell, exchange, store, and deal in cryptocurrencies and is one of the top cryptocurrency trading platforms in the world, with a market share of 6.30% as of January 30, according todatafrom CoinGecko. On February 15, Coinbase Global Inc. (NASDAQ:COIN) reported earnings for the fiscal fourth quarter of 2023. The company reported earnings per share of $1.04 and beat estimates by $0.84. The company\'s revenue for the quarter grew by 51.61% year over year and amounted to $953.80 million, ahead of Wall Street consensus by $135.43 million. Here are somecommentsfrom Coinbase Global Inc.\'s (NASDAQ:COIN) Q4 2023 earnings call:\n"So highlights from 2023 include significant growth in our subscription and services revenue through a down market, materially lower expenses, a return to profitability, a stronger balance sheet, we have more U.S. dollar resources and less debt as we enter 2024, and we did this all while accelerating our product velocity. Let\'s dive deeper and start in the details of full-year 2023. We generated $95 million of net income and nearly $1 billion in adjusted EBITDA. Our total revenue was $3.1 billion, down $86 million year-over-year."\nPayPal Holdings, Inc. (NASDAQ:PYPL) is another major player contributing to the growth of the crypto industry. The company recentlylaunchedits own cryptocurrency, PayPal USD, on August 7, 2023, and became one of the first significant online payment services in the United States to release its own stablecoin backed by the U.S. dollar. The company currently allows users to transact in PayPal USD, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.\nAnother leading company in the crypto space is CME Group Inc. (NASDAQ:CME), a derivatives marketplace that allows electronic trading across the globe. The company’s cryptocurrency exchange tools allow users to personalize their crypto trading, including their execution method. Users can regulate their roll strategy with the company’s daily updates and analytics put together by experts. The CME CF Cryptocurrency Real-Time Index and CME CF Crypto Reference Rate indicators further provide data for informed crypto trading strategies.On February 19 CME Group Inc. (NASDAQ:CME)announcedthe expansion of its cryptocurrency offerings and said it plans to launch Micro Bitcoin Euro and Micro Ether Euro futures on March 18. According to the company, 24% of its Bitcoin and Ether futures volume is transacted from the EMEA region, so this move will enable clients to hedge their cryptocurrencies more efficiently.\nOur Methodology\nWe integrated three different metrics to determine the countries with the highest cryptocurrency adoption. These included the total population, the percentage of the total population that owns crypto, and the number of people that own crypto, all sourced fromTriple A, and updated as of 2023.\nOur primary metric is the number of crypto owners, our secondary metric is the percentage of total population that owns crypto, and our tertiary metric is the total population. We have ranked our list in ascending order of our metrics, based on priority. If needed, tie-breaking was done, again, based on priority. We have ranked the 20 countries with the highest crypto adoption in ascending order of the aforementioned metrics on a priority basis.\nTotal Population as of 2023: 37.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.08%\nNumber of People that Own Crypto:1,921,753\n1.92 million Moroccans own cryptocurrency, making up 5.08% of the total population. However, the country has had a turbulent relationship with digital currencies in the past, according to areportby Binance. There is a dire need for financially inclusive regulations to allow seamless regulation and use of such currencies in the country. Morocco is ranked 20th among the countries with the highest crypto adoption.\nTotal Population as of 2023: 38.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 7.00%\nNumber of People that Own Crypto:2,714,177\nCanada boasts a favorable environment for cryptocurrency, with around 2.71 million Canadians owning one form of digital currency or the other. As per asurveyby CoinTelegraph, people aged between 18 to 35 are the most prominent owners.\nTotal Population as of 2023: 36.7 Million\nPercentage of the Total Population that Owns Crypto in 2023: 10.57%\nNumber of People that Own Crypto:3,885,037\nAround 10.57% of Ukraine\'s population owns cryptocurrency and the country ranks 18th on our list of countries with the highest crypto adoption despite an approximately 5% decrease in the percentage of cryptocurrency owners between 2022 and 2023. This is primarily because of the ongoing conflict in the country, bringing about serious macroeconomic consequences, as per areportby Global Conflict Tracker.\nTotal Population as of 2023: 67.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.74%\nNumber of People that Own Crypto:3,888,092\nThe United Kingdom is one of the countries with the highest crypto adoption, observing a positive adoption increase between 2022 and 2023. It is one of the friendliest countries in the world regarding cryptocurrency use and regulation and is even pushing forward its plans of adigital pound, or "Britcoin."\nTotal Population as of 2023: 172.9 million\nPercentage of the Total Population that Owns Crypto in 2023: 2.50%\nNumber of People that Own Crypto: 4,318,791\nBangladesh houses 4.31 million cryptocurrency owners, about 2.5% of its entire population. Its fintech industry is growing due to the central government\'s initiatives geared towards financial inclusivity and the normalization of blockchain technology.\nTotal Population as of 2023: 45.7 million\nPercentage of the Total Population that Owns Crypto in 2023: 9.73%\nNumber of People that Own Crypto:4,451,944\nArgentina\'s population stands at 45.7 million, of which around 4.45 million own cryptocurrency as of 2023. The country has been showing positive signs in terms of the adoption of Bitcoin and other digital currencies since 2019. Argentinians are also flocking to cryptocurrency due to uncertainmicroeconomic conditions, including a shortage of U.S. dollars, economic instability, increasing inflation, and uncertainty surrounding its own currency.\nTotal Population as of 2023: 85.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 5.62%\nNumber of People that Own Crypto:4,825,626\nAccording to areportby CoinDesk, digital currencies are hailed as "saviors" in the financial landscape of the highly volatile Turkish lira, so around 4.82 million people in the country own cryptocurrencies. The Turkish government is also pushing forward plans to introduce its owndigital lirain the near future. Turkey is ranked 14th among the countries with the highest crypto adoption.\nTotal Population as of 2023: 123.2 million\nPercentage of the Total Population that Owns Crypto in 2023: 4.13%\nNumber of People that Own Crypto: 5,096,970\nMore than 4% of Japan\'s total population owns cryptocurrency, estimated at around 5 million people. The country boasts a strong arm of support from its financial sector and government, allowing it to stand at the forefront of revolutions in fintech and digital currency adoption. Japan is one of the countries with the highest crypto adoption.\nTotal Population as of 2023: 71.8 million\nPercentage of the Total Population that Owns Crypto in 2023: 9.61%\nNumber of People that Own Crypto:6,902,630\nAsreportedby Bloomberg, Thailand has had its ups and downs with the use of cryptocurrency, and yet around 6.9 million people from among 71.8 million in the country own it. This comes up to about 9.61% of the total population.\nTotal Population as of 2023: 128.4 million\nPercentage of the Total Population that Owns Crypto in 2023: 6.55%\nNumber of People that Own Crypto:8,409,115\nMexico ranks 11th on our list of the countries with the highest crypto adoption, with around 8.4 million people in the country owning one form of digital currency or the other. These statistics show an increased affinity of the country for cryptocurrency, hinting at a positive potential trajectory.\nTotal Population as of 2023: 144.4 million\nPercentage of the Total Population that Owns Crypto in 2023: 6.06%\nNumber of People that Own Crypto:8,749,780\nRussia ranks tenth on our list of countries with the highest crypto adoption, with around 8.74 million Russians owning crypto. Despite the ongoing macroeconomic disruptions in the country due to its conflict with Ukraine, cryptocurrency\'s popularity does not seem to wane.\nTotal Population as of 2023: 277.5 Million\nPercentage of the Total Population that Owns Crypto in 2023: 4.40%\nNumber of People that Own Crypto:12,205,132\nAround 4.40% of Indonesia\'s total population, which comes up to about 12.2 million, owns cryptocurrency, holding the ninth spot despite a less than 1% decrease in its statistics between 2022 and 2023.\nTotal Population as of 2023: 223.8 Million\nPercentage of the Total Population that Owns Crypto in 2023: 5.93%\nNumber of People that Own Crypto:13,261,259\nNigeria ranks eighth on our list of countries with highest crypto adoption, and is well on the path to becoming one of the key players of digital currencies in Africa. About 6% of the total population of Nigeria owns cryptocurrencies as of 2023.\nTotal Population as of 2023: 117.3 Million\nPercentage of the Total Population that Owns Crypto in 2023: 13.43%\nNumber of People that Own Crypto:15,761,549\nThe Philippines is a prominent player in the cryptocurrency realm and holds the seventh spot on our list of countries with the highest cryptocurrency adoption because of a 7.3% increase in cryptocurrency owners between 2022 and 2023. This change has resulted in 13.43% of its total population owning cryptocurrency as of 2023.\nTotal Population as of 2023: 240.4 Million\nPercentage of the Total Population that Owns Crypto in 2023: 6.60%\nNumber of People that Own Crypto:15,879,216\nPakistan does not recognize cryptocurrencies as an authentic mode of payment, and yet around 15.8 million of its citizens own one sort of digital currency or the other. This number increased from 9.0 million in 2022. Pakistan is ranked 6th among the countries with the highest crypto adoption.\nClick to continue reading and see5 Countries with the Highest Cryptocurrency Adoption.\nSuggested Articles:\n• 20 States That Produce the Most Eggs in the US\n• 10 Affordable Alternatives to Airpods\n• Top 10 Alternatives To Adobe Creative Cloud in 2024\nDisclosure: None.20Countries with the Highest Cryptocurrency Adoptionis published on Insider Monkey.', "In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than MicroStrategy (MSTR).\nAccording to the fund'slatest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000 tokens.\nIt's possible that MicroStrategy has added to that total since, as the company earlier this weekpriced a $700 million capital raisewith intentions to use the funds to purchase more bitcoin.\nSince the launch of the spot ETFs on Jan. 11, BlackRock's IBIT has often added hundreds of millions of dollars worth of bitcoin on a daily basis, establishing itself as the largest of the new spot products (excepting the Grayscale Bitcoin Trust, which was converted from a closed end fund).\nNext in line for IBIT would be Grayscale's GBTC, which has lost more than 200,000 bitcoin since the spot products opened for business, but still holds around 400,000 tokens.\nMassive demand for the new spot ETFs is the key reason for bitcoin’s more than 60% price surge this year. The cryptocurrency topped $70,000 for the first time ever Friday morning, eventually reaching a fresh all-time high of $70,136, according to datafrom CoinDesk Indices. At press time, bitcoin was trading at just under the $70,000 mark.", "In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than MicroStrategy (MSTR).\nAccording to the fund'slatest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000 tokens.\nIt's possible that MicroStrategy has added to that total since, as the company earlier this weekpriced a $700 million capital raisewith intentions to use the funds to purchase more bitcoin.\nSince the launch of the spot ETFs on Jan. 11, BlackRock's IBIT has often added hundreds of millions of dollars worth of bitcoin on a daily basis, establishing itself as the largest of the new spot products (excepting the Grayscale Bitcoin Trust, which was converted from a closed end fund).\nNext in line for IBIT would be Grayscale's GBTC, which has lost more than 200,000 bitcoin since the spot products opened for business, but still holds around 400,000 tokens.\nMassive demand for the new spot ETFs is the key reason for bitcoin’s more than 60% price surge this year. The cryptocurrency topped $70,000 for the first time ever Friday morning, eventually reaching a fresh all-time high of $70,136, according to datafrom CoinDesk Indices. At press time, bitcoin was trading at just under the $70,000 mark.", "Ark Invest's Cathie Wood is a big believer inBitcoin(CRYPTO: BTC). She launched Ark's first spot price Bitcoin exchange-traded fund (ETF) in January once regulators gave their approval.\nEarlier this year, Wood raised her price target from $1 million to $1.5 million by 2027 -- which would represent a whopping 2,139% jump from Bitcoin's recent price of about $67,000. Wood expects that explosive growth to be driven by three tailwinds: the approvals of Bitcoin ETFs, institutional purchases of those ETFs, and the expected halving next month, which will cut the rewards for mining Bitcoin in half.\nWe should take those estimates with a grain of salt, since Wood has a habit of making wildly bullish predictions and not necessarily delivering; her flagshipArk Innovation ETF, for example, has only risen 13% over the past five years as theS&P 500rallied 88%. That said, we should still consider whether Wood's bullish thesis makes sense and if Bitcoin is worth buying.\nThe bulls believe Bitcoin will eventually join gold, silver, and other precious metals as a hedge against long-term inflation. Like the gold bugs, Bitcoin's bulls believe that fiat currencies are destined to depreciate, and the trend will drive more governments, businesses, and investors to adopt the cryptocurrency. Up until this January, most of those people invested in Bitcoin in three ways: through direct purchases on a crypto exchange likeCoinbase, through a trust likeGrayscale Bitcoin Trust, and through ETFs that were pinned to Bitcoin futures.\nBut all three methods had drawbacks. Crypto exchanges were disconnected from the public stock exchanges, prone to sudden disruptions and outages, and frequently targeted by regulators. The collapse of FTX and the recent criminal charges against Binance also rattled investors' confidence in stand-alone cryptocurrency exchanges.\nCrypto trusts were more secure and could be actively traded on the stock market, but they charged high fees. Bitcoin future ETFs also charged high fees, but they often failed to keep pace with the cryptocurrency's actual spot prices. The Securities and Exchange Commission's approvals in January of the first 11 spot priceBitcoin ETFsresolved those issues; the ETFs charge low fees, are directly tied to Bitcoin's spot price, and can be easily traded on the open market.\nWood believes those new ETFs will drive institutional investors to buy more Bitcoin. Back in December 2021, Wood predicted that if institutional investors allocated an average of 5% of their portfolios to Bitcoin, it would boost its near-term price by about $500,000. Wood reiterated that bullish view earlier this month and said that institutional buyers would drive Bitcoin's price to $1.5 million as it's recognized as a new asset class.\nMeanwhile, Bitcoin will undergo its next halving in April. That process, which occurs every four years, cuts in half the reward for miners likeMarathon Digitalto mint new Bitcoin -- but it might help boost Bitcoin's price as market demand outstrips its slowing supply growth.\nAt the same time, persistent inflation and escalating geopolitical conflicts could drive more countries to adopt Bitcoin as a mainstream currency. That trend could accelerate Bitcoin's transformation into a reliable, safe asset like gold and silver.\nCathie Wood isn't alone in her bullish view for Bitcoin's future. The British bankStandard Charteredsays its price will hit $100,000 by the end of 2024, while the financial services giant Fidelity predicts its price will reach $100 million by 2035 and $1 billion by 2038. It's impossible to say if those predictions will come true, but the approvals of the first spot Bitcoin ETFs could set a floor under its volatile price.\nSo instead of wondering if Bitcoin will deliver a 2,000% gain in just three years, investors should simply ask themselves if they believe the bullish argument. If Bitcoin sounds like a promising investment, then it might be smart to accumulate some Bitcoin or shares of a low-fee spot price ETF as a long-term growth play.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 2,139%, According to Cathie Woodwas originally published by The Motley Fool", "In typical fashion,Bitcoin(CRYPTO: BTC)is, once again, rising from the ashes. Recently hitting a new all-time high of more than $69,000, the brutal crypto winter that lasted much of 2022 is now but a distant memory.\nDespite doubling in just over four months, there is stillplenty of reasonto believe Bitcoin (and cryptocurrencies in general, for that matter) has yet to hit its peak, presenting a valuable opportunity for investors. Here are three short- and long-term reasons I would buy Bitcoin with $10,000 today.\nThe most immediate and apparent reason Bitcoin is worth a $10,000 investment today is the upcoming halving. Roughly every four years, as 210,000 blocks\xa0 are added to the blockchain, Bitcoin's rewards for mining new coins is reduced in half.\nThere have been three halvings so far, and the fourth is set to occur in mid to late April. This halving will be especially unique because it will cause Bitcoin's inflation rate to fall under 1% for the first time.\nSince the halving effectively makes Bitcoin more scarce, it has historically led to increases in price. During a year when a halving has occurred, Bitcoin has jumped by 125% on average. If a similar situation were to unfold this year, Bitcoin's price could reach roughly $99,000.\nWhile past performance is no indicator of future results, it is difficult to dismiss the impact of the halving on Bitcoin's price. By reducing the rate of Bitcoin's production, the halving makes it so that even if demand remains constant, its price must increase to compensate for the lessened supply.\nNow for a more long-term reason to invest in Bitcoin. While this year will see another halving, it is just one of many scheduled to take place. These halvings form the basis of Bitcoin's robust monetary policy and will continue until 2140, when the last Bitcoin is finally mined.\nWith a finite supply of only 21 million coins plus a diminishing inflation rate, Bitcoin has risen to become a viable hedge against inflation. And it will likely only become more capable of filling this role over time as the dollar's value continues to erode.\nIt can be slightly complex, but while inflation has dominated headlines over recent years, it isn't necessarily a new phenomenon. It is well known that policymakers and officials intentionally inflatefiat currencieslike the U.S. dollar to supposedly stimulate the economy. Whether this is necessary for economic growth or not, I will leave it to the experts to decide.\nWhat is clearer, though, is that any inflation reduces the buying power of currency holders, and it is nearly guaranteed that the dollar will lose value as time passes. Even if inflation is maintained at the targeted 2%, holders of these fiat currencies will see their purchasing power decrease by half in just 35 years.\nIn this regard, Bitcoin is the antithesis of fiat. Every dollar saved in Bitcoin is virtually immune to manipulation of central banks and governments. Not only is it protected, but since its inflation rate continues to diminish with each halving, and it has a finite supply of 21 million, any value stored in Bitcoin should grow with time.\nBitcoin outperforms the dollar in several respects but is also superior to just about every other cryptocurrency. While many new cryptocurrencies parade functionality Bitcoin doesn't provide, such as the ability to buy non-fungible tokens (NFTs) or participate in decentralized finance (DeFi) activities, they all fall short when it comes to decentralization and security.\nIn terms of security, Bitcoin's vast global network is estimated to be 500 times more powerful than the best supercomputer. To put it simply, Bitcoin's blockchain is virtually impenetrable and unhackable.\nAdding to its security, Bitcoin is also the most decentralized blockchain network. Analysts believe there are somewhere around 57,000 nodes maintaining the Bitcoin network scattered around the world. Unlike other cryptocurrencies with concentrated points of potential failure, Bitcoin epitomizes a truly decentralized network.\nSo, not only does it possess characteristics that make it the ultimate hedge against inflation, but it also possesses two of the most crucial aspects contributing to a cryptocurrency's value and long-term viability. Investors can rest assured knowing that any value stored in Bitcoin is safeguarded within the most secure and decentralized blockchain ever invented.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool", "In typical fashion,Bitcoin(CRYPTO: BTC)is, once again, rising from the ashes. Recently hitting a new all-time high of more than $69,000, the brutal crypto winter that lasted much of 2022 is now but a distant memory.\nDespite doubling in just over four months, there is stillplenty of reasonto believe Bitcoin (and cryptocurrencies in general, for that matter) has yet to hit its peak, presenting a valuable opportunity for investors. Here are three short- and long-term reasons I would buy Bitcoin with $10,000 today.\nThe most immediate and apparent reason Bitcoin is worth a $10,000 investment today is the upcoming halving. Roughly every four years, as 210,000 blocks\xa0 are added to the blockchain, Bitcoin's rewards for mining new coins is reduced in half.\nThere have been three halvings so far, and the fourth is set to occur in mid to late April. This halving will be especially unique because it will cause Bitcoin's inflation rate to fall under 1% for the first time.\nSince the halving effectively makes Bitcoin more scarce, it has historically led to increases in price. During a year when a halving has occurred, Bitcoin has jumped by 125% on average. If a similar situation were to unfold this year, Bitcoin's price could reach roughly $99,000.\nWhile past performance is no indicator of future results, it is difficult to dismiss the impact of the halving on Bitcoin's price. By reducing the rate of Bitcoin's production, the halving makes it so that even if demand remains constant, its price must increase to compensate for the lessened supply.\nNow for a more long-term reason to invest in Bitcoin. While this year will see another halving, it is just one of many scheduled to take place. These halvings form the basis of Bitcoin's robust monetary policy and will continue until 2140, when the last Bitcoin is finally mined.\nWith a finite supply of only 21 million coins plus a diminishing inflation rate, Bitcoin has risen to become a viable hedge against inflation. And it will likely only become more capable of filling this role over time as the dollar's value continues to erode.\nIt can be slightly complex, but while inflation has dominated headlines over recent years, it isn't necessarily a new phenomenon. It is well known that policymakers and officials intentionally inflatefiat currencieslike the U.S. dollar to supposedly stimulate the economy. Whether this is necessary for economic growth or not, I will leave it to the experts to decide.\nWhat is clearer, though, is that any inflation reduces the buying power of currency holders, and it is nearly guaranteed that the dollar will lose value as time passes. Even if inflation is maintained at the targeted 2%, holders of these fiat currencies will see their purchasing power decrease by half in just 35 years.\nIn this regard, Bitcoin is the antithesis of fiat. Every dollar saved in Bitcoin is virtually immune to manipulation of central banks and governments. Not only is it protected, but since its inflation rate continues to diminish with each halving, and it has a finite supply of 21 million, any value stored in Bitcoin should grow with time.\nBitcoin outperforms the dollar in several respects but is also superior to just about every other cryptocurrency. While many new cryptocurrencies parade functionality Bitcoin doesn't provide, such as the ability to buy non-fungible tokens (NFTs) or participate in decentralized finance (DeFi) activities, they all fall short when it comes to decentralization and security.\nIn terms of security, Bitcoin's vast global network is estimated to be 500 times more powerful than the best supercomputer. To put it simply, Bitcoin's blockchain is virtually impenetrable and unhackable.\nAdding to its security, Bitcoin is also the most decentralized blockchain network. Analysts believe there are somewhere around 57,000 nodes maintaining the Bitcoin network scattered around the world. Unlike other cryptocurrencies with concentrated points of potential failure, Bitcoin epitomizes a truly decentralized network.\nSo, not only does it possess characteristics that make it the ultimate hedge against inflation, but it also possesses two of the most crucial aspects contributing to a cryptocurrency's value and long-term viability. Investors can rest assured knowing that any value stored in Bitcoin is safeguarded within the most secure and decentralized blockchain ever invented.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool", 'HostAI revolutionizes cloud computing by merging with Decentralized Finance, offering unrestricted access to resources through DePIN\nMiami, Florida, March 10, 2024 (GLOBE NEWSWIRE) -- HostAI, the pioneering force in merging Cloud Computing with Decentralized Finance (DeFi), proudly announces its official launch, marking a significant leap forward in the realm of decentralized cloud infrastructure. With a mission to democratize access to cloud resources, HostAI introduces a groundbreaking platform that leverages the power of Decentralized Physical Infrastructure Networks (DePIN).\nIn a world where cloud computing has become indispensable across various industries including gaming, design, and hosting, HostAI breaks barriers by offering unparalleled accessibility through DePIN. Users can seamlessly exchange assets including $ETH, $USDC, $BTC, and more to gain unrestricted access to cloud services via the HostAI platform.\n"As developers ourselves, we understand the pivotal role cloud computing and hosting play in today\'s digital landscape,"said the team behind HostAI."HostAI is designed as an all-in-one solution, bridging the worlds of cloud computing and Decentralized Finance to empower users with seamless access to resources."\nHostAI is driven by a vision of a borderless world, where access to resources isn\'t constrained by geographical or jurisdictional limitations. At the forefront of this movement is DePIN, a burgeoning trend in DeFi that enables participants to tap into real-world services without the shackles of traditional constraints.\nWith Servers-as-a-Service (SaaS) and Hosting-as-a-Service (HaaS) options, HostAI expands the horizons of DePIN, bringing the concept to the cloud hosting, computing, and gaming sectors. In the months ahead, HostAI plans to further augment its offerings by integrating Nodes-as-a-Service (NaaS) and Validators-as-a-Service (VaaS) solutions.\nHostAI\'s commitment to its community extends beyond accessibility. The platform introduces a unique revenue-sharing model, where holders of $HOSTAI tokens can earn a share of HostAI service revenues. Through this model, holders are incentivized to actively participate in and benefit from HostAI\'s operations.\n"We believe in rewarding our community for their support and engagement,"added the HostAI team."Our revenue-sharing mechanism ensures that holders of $HOSTAI tokens receive their fair share of service revenues, aligning incentives for long-term growth and sustainability."\nKey details of HostAI\'s Revenue Share and Tokenomics include:\nInvestors can earn $ETH by holding $HOSTAI tokens, as 100% of HostAI Service Revenues are distributed to $HOSTAI holders. These distributions occur biweekly, with snapshots taken at random intervals to maintain fairness and prevent short-term manipulation. Eligibility for distribution requires holding more than 0.05% of the token supply, enabling HostAI to streamline transaction fees and allocate revenue effectively.\n$HOSTAI Tokenomics\n• Token Name: HostAI\n• Token Symbol: $HOSTAI\n• Blockchain: Ethereum Mainnet\n• Total & Circulating Supply: 100,000,000\n• Initial Liquidity: $15,500\n• Buy & Sell Tax: 5%\nHostAI invites enthusiasts, developers, and stakeholders to join the journey towards a more decentralized future. To learn more about HostAI and participate in the platform, visit the project’s official website athttps://hostai.ai/. Stay updated on the latest developments by following HostAI on Twitter athttps://twitter.com/HostAIETH, and joining the conversation on Telegram athttps://t.me/HostAIEthPortal.\nAbout HostAI\nHostAI is a pioneering platform that merges cloud computing with Decentralized Finance (DeFi), offering unparalleled accessibility to cloud resources through the power of Decentralized Physical Infrastructure Networks (DePIN). With a commitment to decentralization and community engagement, HostAI aims to revolutionize the cloud computing landscape while empowering users with seamless access to resources.\nWebsite\|Twitter\|Telegram\|Docs\|CoinGecko\|Uniswap\|DEXTools\|Etherscan\nhttps://hostai.ai/\nDisclaimer:The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nCONTACT: Nick Forrester HostAI Nick at hostai.ai']... Last 60 Days of Bitcoin's Closing Prices: [46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-10 Financial & Commodity Data: - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,363,372,641,394 - Hash Rate: 564073645.2552733 - Transaction Count: 368196.0 - Unique Addresses: 627815.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest's YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There's now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin." Wood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin's price surged 40% while the Regional Bank index imploded. A recent analysis by Fidelity showed that Bitcoin's correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been. ARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.... - Reddit Posts (Sample): [['u/GRODT_SHAH', 'Are people sleeping on miners?', 65, '2024-03-10 00:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', "BTC halving is only a month away and all WSB seems to talk about are semiconductor stocks and AI.\n\nAm I crazy here? Surely there is a real opportunity to capitalize.\n\nIt's almost a certainty to me that miners like CLSK, MARA and RIOT will outperform in the coming months. \n\nWhat do you think?", 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', '1bavdrg', [['u/fenriswulfwsb', 127, '2024-03-10 01:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dk6x/', 'Why is halving good for miners? It effectively doubles their costs', '1bavdrg'], ['u/dacalo', 18, '2024-03-10 01:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5do9l/', 'Have you thought about the miners being less profitable with the halving? They will only mine half of what they are getting now but still spend same expense.', '1bavdrg'], ['u/Disastrous_Week3046', 185, '2024-03-10 01:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dqe6/', 'MARA is up 133% over the last 6 months….', '1bavdrg'], ['u/Sea_Bear7754', 89, '2024-03-10 01:07', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5e134/', 'Better on than with.', '1bavdrg'], ['u/speedingmedicine', 14, '2024-03-10 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5efzb/', 'Miners are about to see profits cut in half and likely need expensive hardware upgrades to continue mining. Not a solid investment. Better off buying the coin.', '1bavdrg'], ['u/blu_id', 24, '2024-03-10 01:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5f25v/', 'I don’t have a definitive answer but I’ll tell you my personal experience the last few months. I stopped even looking at them. They used to run on BTC performance but now they will randomly break away for a day or two. Then go back to following corn. And when they are following BTC, it’s a wild ride. Miner stock is like a 0dte BTC option. And a miner option is….wild and unpredictable.', '1bavdrg'], ['u/LaykeTaco', 49, '2024-03-10 01:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5fj1l/', 'I think they diluted their shares too… by millions…', '1bavdrg'], ['u/Emotional-Price-4401', 38, '2024-03-10 01:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g0o8/', '... phrasing?', '1bavdrg'], ['u/olivefob', 13, '2024-03-10 01:21', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g48r/', 'Sleeping on minors is extremely questionable and you need psychiatric help', '1bavdrg'], ['u/iguessineedaname22', 10, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kszn/', 'Clsk is the play anyways. Just the options aren’t as spicy yet.', '1bavdrg'], ['u/FUWS', 13, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ktfq/', 'You must be a bag holder pretending to find some gems about MARA and RIOT. People absolutely know about this and you are crazy trying to pretend posting like people ate unaware. \n\nAlso, obvious choice generally means the opposite in the stock market, so it could be sell the news event.', '1bavdrg'], ['u/vwin90', 101, '2024-03-10 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kwkt/', 'Here’s the simplified math:\n\nHalving gives you less coins for the same amount of electricity you use. That makes it so that for sure, the value gained from mining will effectively get cut in half.\n\nHowever, halving theoretically makes coins more scarce, so basic supply and demand suggests that the price should then increase.\n\nThe big miners hold a lot of coins, so they’ll be affected by both variables. If the value of bitcoin doubles after the halving, then it won’t matter that they are mining less coins per day since the two effects will cancel each other out. However, while it’s basically guaranteed that the coins will be harder to mine, it’s NOT guaranteed that the value of each coin will double to cancel that out.\n\nIt’s quite possible that bitcoin continues to increase in value but NOT enough to offset the increased cost to mine. It’s also possible that it increases in value so much that increased mining costs are barely a factor. And it’s also possible that it perfectly evens out. Place your bets now!\n\nThe point is: the downside of the halving is guaranteed. The upside is unknown because supply and demand rules don’t always play out in real life like they do on paper.\n\nNow before people get mad at me: the disclaimer is that I heavily simplified the math. It’s more complicated because each miner has an average cost per coin for their stash based on how much energy they used to mine them, so it’s not like btc has to double to 140k for them to break even. Also, stock price is not that strongly correlated to actual value anyways. Neither is the coin value. You’re basically betting on horses here.', '1bavdrg'], ['u/Zaros262', 13, '2024-03-10 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5lv8j/', "Why would the price of BTC double? 93% of the theoretical max number of bitcoins have already been mined. Even if the last 7% were cancelled and the priced-in inflation disappeared overnight, that's only a 7% boost\n\nThe only thing this does is make new bitcoins take twice as long (twice the expense) to mine", '1bavdrg'], ['u/CoolRunner', 10, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5muvn/', 'When the miners stop diluting people will pay more attention\xa0', '1bavdrg'], ['u/CompooterMadeMeDoIt', 22, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5mx41/', 'why is that?\n\nsee this works with a stock reverse split. theres 100 shares i reverse split it in half, now theres 50 shares and those 50 shares represent the same ownership value as the previous 100 thus their value doubles. \n\nbut the halving is not cutting your existing bitcoin in half. its just making future bitcoins harder to mine.\n\nthis makes your bitcoin more rare, but rarity on its own does not make something valuable. \n\nto assume that the value will automatically double seems presumptuous. this isnt a reverse stock split. nothing changes with the existing pool of BTC already owned.\n\nits also publicly available information which should mean that its already being priced in.', '1bavdrg'], ['u/_mattske', 35, '2024-03-10 02:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5oenx/', 'Did you read this question out loud before posting it?', '1bavdrg'], ['u/pshawny', 37, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ok1e/', 'Most miners have been and will be diluting. Not millions, but hundreds of millions. MARA has a $1.5B at the market offer, meaning they can sell 1.5B of new stock to raise capital. RIOT has a $750M ATM offer.', '1bavdrg'], ['u/Matthiey', 13, '2024-03-10 02:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5py9j/', "Ya, that's nice. Very reasonable. Now go explain that to crypto-brodudes who can't understand basic physics or economics. When idiots hold, it creates artificial scarcity.", '1bavdrg'], ['u/brainfreeze3', 13, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5q6hv/', "That's not how the math works the scarcity and value would benefit holders way more than the miners. If they're mining half as much the value of Bitcoin would have to double overnight just for them to break even.", '1bavdrg'], ['u/Zaros262', 10, '2024-03-10 02:42', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5rp74/', 'The last remaining coins aren\'t any different from the rest of the coins though; the miners don\'t have any leverage like that\n\nSeems like this is just "but if everyone refused to sell!" cope, not even relevant to mining costs doubling. But also isn\'t the point of bitcoin that it\'s supposed to be an alternative currency? That doesn\'t work if no one sells it', '1bavdrg'], ['u/Primatene', 12, '2024-03-10 02:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5t93g/', 'this man gets it', '1bavdrg'], ['u/Ok-ChildHooOd', 16, '2024-03-10 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6b69x/', "It's not really good for miners but it's good for everyone else as the halving will in theory push the price of BTC up.", '1bavdrg'], ['u/teencrime', 27, '2024-03-10 07:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6s70u/', "In their respective filings with the SEC. The SEC has a platform (named EDGAR) where you can search for all of this information, free of charge\n\n[EDGAR](https://www.sec.gov/edgar/search/)\n\n[MARA's Filings](https://www.sec.gov/edgar/search/#/ciks=0001507605&entityName=MARATHON%2520DIGITAL%2520HOLDINGS%252C%2520INC.%2520\\(MARA\\)%2520\\(CIK%25200001507605\\))\n\n[RIOT's Filings](https://www.sec.gov/edgar/search/#/ciks=0001167419&entityName=Riot%2520Platforms%252C%2520Inc.%2520\\(RIOT\\)%2520\\(CIK%25200001167419\\))", '1bavdrg'], ['u/juventinn1897', 11, '2024-03-10 09:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku71t2h/', "It was 750million October 24, they just added another ability to add 750million $ more in shares to sell at market in the recent filing. That's about 30million shares at current prices. It's a bit of dilution for sure.\n\nNot amc dilution but about 20% over the course of both sales. So a solid chunk.\n\nMarathon can easily raise another 750million with the upwards pressure.\n\nAnd what is marathons true value? Their Bitcoin holdings alone are worth 1.5B or 25% of the market cap. \n\nMSTR holdings are worth 40% of the market cap and they have tons of loans on their holdings.\n\nThe argument can be made it enables more liquidity to the shorters to keep the price down. Which I would understand. But the price can't lie for that long.", '1bavdrg'], ['u/Deep_INDA_Money', 17, '2024-03-10 09:41', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku72prn/', '1) It cuts out their competition as it will be too expensive for smaller miners. Thus leaving all remaining coins to big mining companies and nation states \n2) their asset value increases for any coin in reserve, but BTC at least doubling is minimum best case scenario though \n3) RIOT has been buying cheap energy contracts to allow them to mine at lower costs in anticipation of the halving', '1bavdrg']]], ['u/Devastating_Duck501', 'Switching half my 401k from S&P 500 to Bitcoin ETF', 191, '2024-03-10 00:35', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/', 'I was going to call fidelity next week and see if this is possible. I have a company 401k that I have about 120k in. I am 29 and think the growth could be huge by the time I retire. ', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/', '1bavokd', [['u/Tonatic', 45, '2024-03-10 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5k3nw/', 'I doubt a BTC ETF will be available in your 401K plan, but they might offer Brokeragelink, which allows you to self direct into other investments. It’s how I have mine setup. Ask your advisor.', '1bavokd'], ['u/popsferragamo', 12, '2024-03-10 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5lhj0/', "I tried to do this in my company 401k with Fidelity and I couldn't. I did it in a rollover 401k and my Roth tho", '1bavokd'], ['u/sumcollegekid', 19, '2024-03-10 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku5umxu/', "TOTALLY POSSIBLE!! I changed my 401k into a self directed IRA and bought GBTC a number of years ago. Best decision I've ever made. Buy and HODL.", '1bavokd'], ['u/dutsnekcirf', 14, '2024-03-10 05:54', 'https://www.reddit.com/r/Bitcoin/comments/1bavokd/switching_half_my_401k_from_sp_500_to_bitcoin_etf/ku6gsa0/', 'My 401k is through Fidelity. I recently discovered their brokeragelink service. The service is treated as an extension of your 401k, in that, funds transferred into the brokeragelink account from your 401k are still considered retirement funds and are not taxed or incur any early withdrawal penalty. Once you transfer any amount of funds from your 401k account into the brokeragelink account, you can self manage those funds.\n\nIn early February I transferred a very large chunk of my 401k (about 20%) into my brokeragelink account and bought fbtc with it. I bought it with 0 fees because fidelity is currently trying to promote their newly minted etf. But that won’t last for too much longer. In one month it’s up 54%.\n\nSince it’s still considered part of my retirement account I have no intention of touching those funds for at least fifteen years when I’m planning to retire.', '1bavokd']]], ['u/Yodel_And_Hodl_Mode', 'TUTORIAL: Using BIP85 To Back Up Your Seeds', 71, '2024-03-10 01:15', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/', 'BIP39 seed phrases generate an incredible amount of data. Did you know, your seed phrase can generate more seed phrases?\n\nBIP85 uses your seed as a parent seed to generate more seeds, which are referred to as child seeds. And any child seed can be used as a parent seed to generate more child seeds. It\'s all just math. Amazing, amazing math.\n\nJust as your seed phrase always generates the same keys and addresses for a wallet, with BIP85, your seed phrase will always generate the same child seed phrases using an index number. I should also mention that it\'s impossible for anyone with a child seed and its index number to calculate the parent seed that generated it.\n\nLet\'s say you\'re a parent and you want to create a Bitcoin wallet for each of your kids to inherit someday. Take your Bitcoin seed and assign each kid an index number for their child seed. Perhaps use the year each was born. Or, let\'s say you manage a business where employees get expense accounts and you want those to be in Bitcoin. Use each employee number as their BIP85 index number. If anyone loses their seed words, you can generate them again using your parent seed plus their index number.\n\nHere\'s how to use BIP85:\n\nCreate a seed (any BIP39 seed will do), but don\'t use it as your wallet. Instead, use that seed as a parent seed with a BIP85 index number to generate child seeds. Use the child seeds as your wallets. A BIP85 index is any whole number (in other words, no decimals).\n\nYou can see how this works by using Ian Coleman\'s excellent Mnemonic Code Converter website (scroll down to click "Show BIP85"). Side note: only use that site for testing. Never with your real seed.\n\n<a href="https://iancoleman.io/bip39/">https://iancoleman.io/bip39/</a>\n\nHere\'s an example. Let\'s use this 24 word seed phrase as a parent seed:\n\n> chicken pet almost magic size across mushroom group creek hub aware wonder stairs save few toddler midnight woman maximum fitness during order hip nice\n\nHey, that\'s a nice seed. We\'ll call it "Nice" through the rest of this tutorial.\n\nLet\'s use 42 as the BIP85 index number to generate a 24 word child seed:\n\n> length ensure west try neglect novel sand vibrant head evidence banana addict bachelor invest play shrug egg allow comic winter envelope evoke left lawsuit\n\nThe same child seed will always be generated by this "Nice" parent seed using BIP85 index number 42.\n\nHere\'s the 12 word child seed that will always be generated by the "Nice" parent seed using BIP85 index number 42:\n\n> door clay stove fury hill protect deny curtain add win ice immune\n\nI name my seeds, for the sake of keeping track of them. So, if I named my parent seed "Nice," I\'d name the child seed for index #42 "Nice 42."\n\nSince these child seeds will be the seeds you use to store your coins, follow best practices. Write the child seed on paper. Make a metal backup.\n\nHere\'s the beauty of starting with a parent seed: If you lose the child seed you\'re using as your wallet, no worries. You can easily generate it again by using your parent seed and the BIP85 index number.\n\nBIP85 is an amazing tool. It can be used to create the ultimate backup of your backups. It\'s especially good for multisig backups.\n\nLet\'s say you\'re setting up a 2 of 3 multisig wallet. Again, using the "Nice" parent seed, let\'s choose BIP85 index numbers 6, 7 and 42 for a 2 of 3 multisig. We could choose any index numbers. I just like these numbers since 6 times 7 equals 42 (and 42 is the answer to Life, The Universe And Everything).\n\nThese are our three 12 word child seeds for multisig:\n\nIndex #6:\nround zero jazz engage amused order fitness section move oblige raccoon artefact\n\nIndex #7:\nrazor actress core enact paper convince leader dinosaur slim mobile rent banner\n\nIndex #42:\ndoor clay stove fury hill protect deny curtain add win ice immune\n\nThere you go. If you lose any of your multisig seeds, all you need to get them back is your parent seed and the index number. If you want to keep things simple, you could use index numbers 1, 2, and 3 for your three multisig seeds.\n\nLet\'s try it! Here\'s our "Nice" parent seed with BIP85 index numbers 1, 2, and 3.\n\nIndex #1:\nupdate target agree drive beef kiwi twist crystal damage emerge proof obey\n\nIndex #2:\nenforce mixture good observe erosion omit leg inflict educate region nasty nest\n\nIndex #3:\nflag jeans caution taxi obey hungry crater crater day auction before average\n\nAnother great use for BIP85 is generating a 24 word child seed to use as your seed and a 12 word child seed to use as your passphrase. This eliminates the possibility of having a typo in your passphrase, and any hardware wallet that can scan passphrases using QR can scan it, which means you\'ll never have to type it. [Krux](https://selfcustody.github.io/krux/getting-started/) is excellent open source firmware for using a Maix Amigo as a hardware wallet, and Krux does Passphrase QR. Krux also does encrypted SeedQR, which means your QR codes are safe to keep anywhere as long as your encryption key is strong. [Here\'s an example.](https://imgur.com/a/mfO8c4c) I have to assume other hardware wallets will add this feature soon, because it\'s fantastic.\n\nHere\'s my advice for how to use BIP85:\n\nUse a hardware wallet that can generate BIP85 child seeds, such as Blockstream Jade or ColdCard.\n\nWrite your parent seed on paper. Make a metal backup.\n\nWrite your child seed on paper along with its name and index number, so you\'ll always know how you created it. Make a metal backup.\n\nI use a Blockstream Jade to generate BIP85 child seeds, and I use Krux as my hardware wallet. I realize owning two hardware wallets seems like overkill, but Jade costs $65 and the hardware to run Krux (a Maix Amigo) costs $50. So, that\'s $115 total.\n\nOnly use BIP85 if you understand it. And test your setup before using it to store coins. I\'m a big believer in setting up a new wallet, writing down the first address, and then wiping it out & setting it up again from scratch to prove I get the same first address... to prove I didn\'t make a mistake.\n\nOwning Bitcoin means being your own bank. BIP85 can be a powerful tool for recovering your seeds if anything is lost. I highly recommend it.', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/', '1bawk6a', [['u/TheReveling', 13, '2024-03-10 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/ku5kz9y/', 'This guy bitcoins.', '1bawk6a'], ['u/Yodel_And_Hodl_Mode', 11, '2024-03-10 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1bawk6a/tutorial_using_bip85_to_back_up_your_seeds/ku5p81x/', 'This guy HODLs! :)\n\nSeriously though, I just want to help people secure their coins for the long haul.\n\nI plan to do a few more of these tutorials, partly so I can link to them when helping people in comments. My next one will probably be about helping people understand passphrases.', '1bawk6a']]], ['u/pizzatoppings88', "Did everyone just forget that the price doesn't matter?", 43, '2024-03-10 01:16', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/', "Whether your pro-bitcoin or anti-crypto, it seems like everyone has simply forgotten that the price doesn't matter.\n\n* If you're pro-bitcoin: it's a storage of value, you want to keep HODLing, never sell, it's already acknowledged at this point that it's useless as an actual currency. So if you never sell and just hold it as a storage of value forever then the price doesn't matter\n* If you're anti-crypto: there's no value thesis behind Bitcoin, it's completely useless as a currency, the only value it has is based on perception which is a fickle thing, so at the end of the day the price doesn't matter because it's inherently worthless\n\nEither way, the price doesn't matter. The only reason the price matters if if you're looking to buy and sell at a profit. So, anybody who is harping about the price of Bitcoin right now is a speculator/gambler, and not holding true to their own beliefs", 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/', '1bawl37', [['u/borald_trumperson', 18, '2024-03-10 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5hb3r/', 'I\'m here for the entertainment. Absolutely crazy price swings are very entertaining from this "mature asset". Up or down it\'s a rollercoaster of stupid', '1bawl37'], ['u/DontGiveMeGoldKappa', 11, '2024-03-10 01:43', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5jba7/', 'Warning:im a moron..\n\nThe price of bitcoin matters if ur goal is to make money.', '1bawl37'], ['u/uncle_crawkr', 14, '2024-03-10 02:16', 'https://www.reddit.com/r/Buttcoin/comments/1bawl37/did_everyone_just_forget_that_the_price_doesnt/ku5o12b/', 'Lol. Lmfao even.\n\n“Store of value” is an established economic and financial concept not invented by butters.\n\nJust because some moron on a crypto thread says the phrases “store of value” and “HODL forever” in the same sentence doesn’t make those two concepts make any sense in the real world.\n\nEither they don’t actually care about it being a store of value in the true sense of that phrase and it’s just some cult collectible they want to own for the sake of owning, or they are being facetious when they say “never” or “year 3000.”\n\nWhat do you think real people do with wealth? Swim in it like Scrooge McDuck while sleeping in a cardboard box and dumpster diving for food?', '1bawl37']]], ['u/Mission-Marketing-18', 'I think CRO is the most underrated coin.', 59, '2024-03-10 01:16', 'https://www.reddit.com/r/cro/comments/1bawl6t/i_think_cro_is_the_most_underrated_coin/', 'CRO is really something. This might be THE coin. Big implementation across the US. Plenty of Bitcoin ATMs popping up and things are slowly adapting, it seems. CRO is my fav ', 'https://i.redd.it/lq1x3pukgenc1.jpeg', '1bawl6t', [['u/Mooncow027', 14, '2024-03-10 02:11', 'https://www.reddit.com/r/cro/comments/1bawl6t/i_think_cro_is_the_most_underrated_coin/ku5ndke/', "CRO is the only really underperforming exchange coin that I'm aware of. It's 83% from ATH. Even Kucoin is at 48%. CRO has room to run.", '1bawl6t']]], ['u/Original-Assistant-8', "Vitalik Buterin- How to hard-fork to save most users' funds in a quantum emergency", 152, '2024-03-10 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/', 'Looks like this has been on Vitalik\'s mind. He just posted this 17 hours ago. \n\nHis first point is to wait until it\'s clear there is large scale theft? We won\'t know this!\n\nThey will simply target random sized wallets and when someone claims theft, we\'ll say "they must not have protected their keys."\n\nSo, this needs to be addressed now, because there won\'t be a memo when to act. \n\n"Most users funds" ? I assume he means nothing we can do for whoever has their wallet stolen. Ugh\n\nInterestingly, just yesterday I posted on Quantum Resistant coins like Algo, QANX, QRL. Maybe Vitalik noticed. These projects will offer solutions that don\'t involve using STARKS - which Vitalik says are big, and hence need further concepts to help with gas efficiency. \n\nI\'d imagine anything that could impact gas fees will be met a lot of resistance. So consensus on this needs to be figured out asap.\n\nThis certainly sounds messy, but it needs to be addressed. Obviously the same applies to Bitcoin. BTC also has the issue of P2PK wallets from the early days which are more vulnerable. The longer it is ignored, the messier it gets. \n\nThis is all about signing and your keys, not to be confused with manipulating the chain itself (that appears protected).\n\nAnd I still don\'t see how this solve protects me. Do I get a new set of keys through this process? Because if quantum can determine my keys from an outgoing tran from years ago, then what prevents them from initiating this exact process. At a minimum until I take action it seems I would be vulnerable. That\'s why I\'ve always thought we need to give people a few years to take whatever action is required.\n\n', 'https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901', '1bawnuk', [['u/coinfeeds-bot', 14, '2024-03-10 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5g0d7/', "tldr; The article discusses a strategy for Ethereum to respond to a potential quantum computing threat that could compromise user funds by revealing private keys through public key signatures. It suggests a hard fork and the introduction of new transaction types and smart contract wallets, utilizing STARK proofs for secure transitions. This approach aims to protect most users' funds by allowing them to switch to quantum-resistant cryptography, even if a sudden quantum breakthrough occurs before widespread adoption of such measures.\n\nThis summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.", '1bawnuk'], ['u/Issa_John', 42, '2024-03-10 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5h9qv/', "I was also worried about this, quantum computing could break any encryption with ease, but it's still years away maybe a decade depending how fast these AI models develop.", '1bawnuk'], ['u/Original-Assistant-8', 33, '2024-03-10 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5ibqb/', "I hope so, but we've already seen Apple and Google start using post quantum encryption. It's a worldwide race with billions being spent. \n\nEven if the near term risk is small, seems we should prepare? Users need time to take whatever action required.", '1bawnuk'], ['u/_davidcodes', 35, '2024-03-10 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5iy8x/', "I never thought I'd read Quantum Emergency as a real thing in my lifetime", '1bawnuk'], ['u/Original-Assistant-8', 12, '2024-03-10 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku5jy6q/', "It is crazy. Good news is NIST has been preparing with advanced encryption we can start using. Most centralized systems it won't be too bad. \n\nBut decentralized crypto requires consensus and for users to take action. Really glad it's being thought through, better late than never.", '1bawnuk'], ['u/Lyuseefur', 11, '2024-03-10 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1bawnuk/vitalik_buterin_how_to_hardfork_to_save_most/ku61hkj/', 'Apple / Google are worried about prior messages and devices that may have offline backups encrypted. \n\nThat data can be decrypted in the future revealing the secrets. For example, an intercepted (encrypted) data packet can be stored and then decrypted in the future as tech progresses. \n\nQuantum Tech is about like the 8086 right now. It works, kinda. We would need a compute cluster with a million qubits … and a decent OS to match before it gets interesting. The OS tools are very inefficient right now simply because we have yet to write a quantum language. It’s like this - we have “dot net 9” now for advanced chips and gobs of ram … we can barely run “hello world” written in Python on a quantum computer.\n\nSo there is a mismatch right now… in a few years it might be more interesting…by then Ethereum will evolve to be resistant.\n\nThe math behind it is still really good right now and I’m sure in 1-2 years it will be even better.', '1bawnuk']]], ['u/AsturiusMatamoros', 'Bitcoin has been a complete failure', 59, '2024-03-10 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/', 'In any of the stated goals of the white paper. It is not mined by individuals - it is mined by specialized conglomerates. It is not traded peer to peer - it is bought and sold on shady exchanges. \nThese two points in itself undid everything it was designed to solve, as both intermediaries are highly centralized and you do have to trust them (it is not a system that works “trustlessly”). It is also not used to buy anything, it is just hoarded, so it fails as a currency, while the unabated volatility makes it an unsuitable store of “value”. Energy costs make it a net-negative game that only facilitated scams and Ransomware attacks. Nor is it scarce, as there are now thousands of random other coins. \nIt is not even suitable as a vehicle for speculation, as the game is rigged by the likes of tether. \n\nSpeaking of tether: on the upside, it exposed that media seems to do zero due diligence (never mentioning tether, only breathlessly that “number go up”) and that self-fulfilling prophecies (number will go up makes number go up) is good enough for a sufficient number of people to make it so.\n\nAm I being too cynical?', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/', '1bawv3i', [['u/Cleaver2000', 43, '2024-03-10 02:44', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku5rxkl/', "Most cryptos and blockchain potential use cases have been a failure. I've been involved with a few of them, once it gets to actually implementing something it becomes clear very quickly that there are better options. Even in the crypto world, if anyone cared about using crypto as a currency, bitcoin would've been killed by litecoin in 2012/13 which has faster transactions, required less resources for mining and transaction costs were lower. Then litecoin would've been killed by ethereum, and so on with the next technically superior solution. However, idiots still think a completely inefficient solution from 2009 is the blockchain pinnacle.", '1bawv3i'], ['u/totomaya', 19, '2024-03-10 03:48', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku60u5w/', "Everyone thinks they're smarter, less greedy, and more patient than the others. That's how they get you.", '1bawv3i'], ['u/Straight_Meringue921', 11, '2024-03-10 04:02', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku62r08/', 'I have thought recently how so many self-declared proponents of BTC are now ETF inflow experts. In fact, they tend to be experts in whatever the latest narrative is. What BTC is now is not the vision held by its creator.\n\nImagine Satoshi returned, announced he / she / they were one of the primary bidders on the ETF narrative play, declared BTC a failure and moved his million or so OG coins to the exchanges. My word ...', '1bawv3i'], ['u/ionfrigate', 14, '2024-03-10 08:51', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku6yhzk/', '> Proof-of-work is essentially one-CPU-one-vote.\n\n> To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour.\n\nThese two "gems" from the white paper make it hilariously clear that Satoshi had no idea* that a bitcoin mining arms race would occur, leading to data centers full of shitty little toaster ovens designed to do nothing but SHA-256 hashes. He seriously seemed to think that difficulty would just sort of bounce around, maybe with an overall upwards trend per Moore\'s Law, but generally staying proportional to the sum of CPU power used by people actively using bitcoin for real-world transactions.\n\nOf course, he\'s hardly the first designer of a computer system who badly misunderstood human behavior. Why did Google become dominant? Because the designers of [previous attempts](https://en.wikipedia.org/wiki/Wide_area_information_server) at [search engines](https://en.wikipedia.org/wiki/Veronica_\\(search_engine\\)) seriously thought that a search based on simple, searchee-defined keywords could work without unscrupulous jackasses stuffing thousands of keywords so they\'d turn up on more searches.', '1bawv3i'], ['u/AdScared2960', 16, '2024-03-10 13:08', 'https://www.reddit.com/r/Buttcoin/comments/1bawv3i/bitcoin_has_been_a_complete_failure/ku7kb64/', 'I work in supply chain. They said blockchain could ensure immutability in tracking supplies and some other nonsense. They forgot that tracking supplies is dependent on a scanned barcode. \n\nThe human scanning it can just simply not scan and steal the package, which is not something a blockchain can solve.', '1bawv3i']]], ['u/NutlessButterSquash', "Didn't they watch the movie? That was NOT a good thing that happened...", 38, '2024-03-10 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/', 'But then I thought about it and it really make sense and the meme was a perfect representation of Bitcoiner mentality. Their personal benefit will always outweighs everything else, even if it means damning everyone else for thousands of years. These parasites really do not deserve anything good. They are truly horrible and ugly in the inside. Rottened to the core.', 'https://www.reddit.com/gallery/1bawztq', '1bawztq', [['u/uncle_crawkr', 34, '2024-03-10 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/ku5lflm/', 'They should know that any “supply shock” from the halving is already priced in by the market since the event is a certainty, and the only profit left to be made by that event would just represent the time value of money.\n\nMost likely outcome is price crash when the buzz dies down, but they’ll HODL their precious anyway, thinking they’ll be the exception to the rule, even though Bitcoin is a trap that betrays everyone but its true master (market manipulators and pump&dump scammers).', '1bawztq'], ['u/MultiplicityOne', 20, '2024-03-10 02:20', 'https://www.reddit.com/r/Buttcoin/comments/1bawztq/didnt_they_watch_the_movie_that_was_not_a_good/ku5ojr1/', 'They do know that Isildur got killed by orcs soon after this, right? \n\nOoh, maybe they are planning on moving to Russia?', '1bawztq']]], ['u/wheeldonkey', 'Q\'s on "lost" BTC due to death, etc', 26, '2024-03-10 01:49', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/', 'We are all conditioned to keep our mouths shut about our passwords and cold storage... and that got me thinking that over time, quite a lot of BTC will end up just sitting around in dead people\'s accounts, and people heirs may not find access to it. It would be the same effect if someone simply loses access to their wallet... and so, these BTC would simply continue to exist, but would be permanently out of circulation.\n\nAre there estimates for how much % of BTC is "lost"? Or how this would track over time? How would this even get measured, because any dead person\'s address would just look like a HODL\'er.\n\nIs this yet another deflationary pressure? As the living are squabbling over fewer and fewer available coins? Will it add upward pressure on the price over time?\n\nAny good reading on this?', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/', '1bax9yg', [['u/tommy4019', 60, '2024-03-10 03:37', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku5zd1v/', "It's actually the first time a Human can truly take his wealth to death with him.", '1bax9yg'], ['u/Open-Distribution-36', 26, '2024-03-10 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku63wm0/', '“Lost coins only make everyone else’s worth slightly more. Think of it as a donation to everyone” - Satoshi Nakamoto', '1bax9yg'], ['u/ElectronicGas2978', 14, '2024-03-10 07:00', 'https://www.reddit.com/r/Bitcoin/comments/1bax9yg/qs_on_lost_btc_due_to_death_etc/ku6o7es/', "The wealth isn't gone. It's proportionally distributed to all holders via deflation.", '1bax9yg']]], ['u/YoungReese', 'Bitcoin breakout over the weekend could point towards a strong week', 231, '2024-03-10 01:56', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/', "After Friday's fiasco bitcoin is currently consolidating around $68,000. I believe that if its able to break out before market open we could see green for most of next week. lmk what u guys think.\n\nhttps://preview.redd.it/kcstkqjfnenc1.png?width=1058&format=png&auto=webp&s=971e30562c81d1801b03fe5d48973c15b0832435", 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/', '1baxfhz', [['u/No-Page-9800', 100, '2024-03-10 02:12', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5nion/', 'I fucking hope, my spy calls need help after the raw penetration they received on Friday😔', '1baxfhz'], ['u/AncientWyvern_Shield', 171, '2024-03-10 02:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ob2o/', 'Oddly enough, BTC price is usually a decent indicator for weekend->weekday predictions.', '1baxfhz'], ['u/WOTEugene', 49, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5onh8/', 'I think you’re on to something… before Friday’s sell off BTC was first to dip. I think it’s actually a good leading indicator.', '1baxfhz'], ['u/YoungReese', 17, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5otep/', 'bitcoin just broke out and jumped $1000.', '1baxfhz'], ['u/SubstantialNinja', 10, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5otn1/', 'yeah probably over 72k by end of day Monday.', '1baxfhz'], ['u/YoungReese', 63, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ovwa/', 'yup and it just broke out with another $1000 added', '1baxfhz'], ['u/EthereumJesusBro', 17, '2024-03-10 02:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5oww2/', 'It’s gonna breakout on Monday and fall the rest of the 1-2 coming weeks. \n\nDon’t ask me how I know this but trust me', '1baxfhz'], ['u/breaker_bad', 21, '2024-03-10 02:23', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5oyq8/', 'Yeah dawg it’s breaking out as soon as you posted this please do a SPY $525 analysis next', '1baxfhz'], ['u/creedthoughtsblog', 29, '2024-03-10 02:27', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5pm1a/', 'actually memes and crypto pumping is usually the beginning of a dump, signals that retails are getting too involved and MM about to step in', '1baxfhz'], ['u/YoungReese', 20, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5q3jy/', 'my analsis is that i dont have that tingly feeling i got for bitcoin rn so wait a lil bit and see when the tip of ur cock starts to tremble then buy in', '1baxfhz'], ['u/Bulky_Negotiation850', 14, '2024-03-10 02:44', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5s11t/', "Biden's comments on Friday about the fed dropping rates and CPI on Tuesday is what matters.", '1baxfhz'], ['u/leli_manning', 33, '2024-03-10 02:46', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5s6u3/', "Annnnnd it's gone", '1baxfhz'], ['u/abclassic', 62, '2024-03-10 02:57', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5tqi9/', 'It’s going to take out 75k this week', '1baxfhz'], ['u/weaponsmiths', 33, '2024-03-10 02:59', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5u20p/', 'And... its still there', '1baxfhz'], ['u/Windows98Fondler', 15, '2024-03-10 03:02', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ugwn/', '$INTC 🙏💵', '1baxfhz'], ['u/YoungReese', 36, '2024-03-10 03:14', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5w47b/', 'i love how we all watching the bitcoin chart rn ![img](emote\|t5_2th52\|4271)', '1baxfhz'], ['u/Sad-Heron6289', 10, '2024-03-10 03:16', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5we1d/', 'CPI On Tuesday, breakthrough 70k if we get a good number, off to the races the rest of the week if it triggers the move', '1baxfhz'], ['u/WOTEugene', 13, '2024-03-10 03:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5wonx/', 'This is nonsense, sorry. A bunch of leveraged shorts will get liquidated then their positions auto sell so till do the same pop-drop-then-crawl up thing as it did when it hit 69 and 70.', '1baxfhz'], ['u/carsonthecarsinogen', 26, '2024-03-10 03:26', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5xqnz/', 'Everyone pray to the BTC CEO so he pumps it for us !', '1baxfhz'], ['u/Bulky_Negotiation850', 14, '2024-03-10 03:30', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5ycmw/', "Think you're missing the point.\n\nGood chance Biden knows the CPI numbers or some other inside info that we're not privy to. \n\nCould be foreshadowing for Tuesday.", '1baxfhz'], ['u/AJDillonsMiddleLeg', 15, '2024-03-10 03:33', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5yt7l/', 'What do you mean "pumps back so I can exit"? Almost every single stock, index, crypto and asset are at or near all time highs. How on earth do you need a pump from here to exit whole?', '1baxfhz'], ['u/whodeyalldey1', 15, '2024-03-10 03:40', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5zo21/', 'Is this “usually” based on literally the one time in history that happened before?', '1baxfhz'], ['u/Takuma255', 14, '2024-03-10 03:41', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku5zvjh/', 'LOL we\'re calling barely 1% red days "fiascos" now?? Jfc this straight up rally really has produced mass delusion that this is normal', '1baxfhz'], ['u/brudi_dutschke', 40, '2024-03-10 04:18', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku64s55/', 'Cause aint nothing else to watch over weekend', '1baxfhz'], ['u/verardi', 13, '2024-03-10 04:21', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6582j/', 'so buy TSM, got it!', '1baxfhz'], ['u/ZekeTarsim', 16, '2024-03-10 04:40', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku67nzn/', '72-75k this week imo.', '1baxfhz'], ['u/AutoModerator', 25, '2024-03-10 05:10', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6bg6v/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1baxfhz'], ['u/FoW_Completionist', 16, '2024-03-10 05:23', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6d1xj/', 'How to spend the Saturday evening, watching the BTC chart go up and down.', '1baxfhz'], ['u/LaykeTaco', 14, '2024-03-10 05:26', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6df4a/', 'In the middle of a down 2-3% week? It might be vulnerable to selling like any other commodity.', '1baxfhz'], ['u/OGmisterB', 20, '2024-03-10 05:44', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6fnla/', 'i’ve noticed the heavy hitters are taking profits on fridays. i make my money on SPY calls on wednesdays and thursdays.', '1baxfhz'], ['u/wolfenstein734', 26, '2024-03-10 06:22', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6k368/', "when bitcoin runs it's kinda invincible", '1baxfhz'], ['u/Wrong-Situation-7431', 11, '2024-03-10 06:38', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6lxl4/', 'Earnings are a literal roulette wheel.', '1baxfhz'], ['u/abclassic', 14, '2024-03-10 06:49', 'https://www.reddit.com/r/wallstreetbets/comments/1baxfhz/bitcoin_breakout_over_the_weekend_could_point/ku6n3e5/', 'It’s written that it will see 100k in the next 6 months .. bumpy ride but I think by Friday we see 75k', '1baxfhz']]], ['u/Far_Breakfast_5808', 'That earlier post about Bitcoin being compared to cellphones got me thinking: were most Bitcoiners today even around yet when the internet was new?', 34, '2024-03-10 03:12', 'https://www.reddit.com/r/Buttcoin/comments/1bayyrl/that_earlier_post_about_bitcoin_being_compared_to/', 'Granted, I know to the answer to this is at least some of them. Some of the people in this space were born in the 1980s or early 1990s like SBF, so they were probably at least aware of the dot-com bubble. However, I\'m asking more about the general Bitcoiners, the type who would make the "people doubted the internet" argument.\n\nHere\'s the thing: do they realize how wrong their argument is? Even before the internet was created, its precursors like BBS, Usenet, and even pre-internet e-mail, people already knew they were special and would be part of the future. When internet started being popular, people were talking about it and companies were very much wanting to get into it. It even became a selling point for operating systems like Windows 95 and Windows 98, and within just a few years there were already multiple companies in the market that were gaining popularity. Most eventually failed during the dot-com bubble, but others like Google and Amazon still exist.\n\nThere\'s a major difference between the "rise" of Bitcoin and the rise of the internet. When the internet was new, even the common person already knew it was going to change their lives forever. It was already seen as a big deal, was getting mainstream attention, and was quickly embraced by the people. Sure it had its skeptics, but generally people were at least interested in the internet. It\'s not like Bitcoin, or really cryptocurrency and blockchain in general, that never got much mainstream attention until relatively recently and even then most people who heard about it didn\'t care for it.\n\nSo really, were these people who claim "the internet was doubted yet it succeeded, so will Bitcoin!" even born yet or at least around when the internet actually started getting popular?', 'https://www.reddit.com/r/Buttcoin/comments/1bayyrl/that_earlier_post_about_bitcoin_being_compared_to/', '1bayyrl', [['u/constantine882', 26, '2024-03-10 03:25', 'https://www.redd... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Jupiter Exchangeintroducesstakingandgovernancefor their token, JUP, whileJito Labsdrops themempooloffering from their product lineup, citing negative externalities toSolanausers. In theCosmos, Nim Network announces the first RollApp to deploy on theDymensionRollApp network.\nTotal Value Locked(TVL) across all chains show no signs of slowing their climb, after closing the fourth positive consecutive week asBitcoinbreaks itsall-time high. Notable outperformers to the trend includeBlur’sL2chain,Blast, and alt-L1chain,Near, which saw TVL increases of 258% and 114% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nMetaQuant covers the parallels and comparisons between the Gold ETF and the BitcoinETF, how well the Bitcoin ETFs have done and where we can expect the BTC price to move from here based on gold’s historical performance.\nLeverageprotocol,Gearbox, announces their latest product, leveragedUSDeandsUSDe, allowing depositors to take on leverage to earn up to 90x Ethena Labs’ Shards. Deposits will open on 11th March.\nOther Product Launches and Updates\n• Redacted Cartel partners up with interoperability layer, LayerZero, enabling thecross-chaintransfer of theirETHliquid staking token, pxETH, betweenArbitrum,Optimismand theBNB Smart Chain.\nStarkNet-based DeFi suite, Nostra, unveils stSTRK, aliquid stakingtoken for the STRK token. Users can now stake their STRK to receive stSTRK, which allows them to earn points on Nostra as well as claim future staking rewards when StarkNet launches their native staking mechanism.\nAstar Networkofficially launches the Astarzero-knowledgeEthereum Virtual Machine(zkEVM) chain. The chain is an Ethereum L2 built on Polygon’s chain development kit and is also the first chain to integratePolygon’s AggLayer, a layer to seamlessly connect chains together for unified liquidity.\nOther Product Launches and Updates\n• ETH-basedstablecoinprotocol,Ethena Labs integrates with modular L2, Manta Network, to bring USDe to the chain. In the same week, Ethena Labs also integrated with Cosmos-based chain,Injective.\n• The Fraxtal Bridge for Frax Finance’s L2, Fraxtal, is now live. Users can now bridge ETH,FRAX,frxETHand other assets from Ethereum to the Fraxtal mainnet.\n• Perpetualstrading platform,Kwenta, launches Perps V3, which brings to the platformUSDCsupport,cross-margin, better pricing viaPyth’soraclesand support for Coinbase’s L2,Base.\n• Cross-chaindecentralized exchange(DEX),WooFi, has been exploited on Arbitrum, via the WooFi Swap feature, resulting in $8.75 million in losses. The team has halted the product temporarily and all other products are marked as safe to use.\n• Perpetuals DEX,IntentX, releases their latest feature,stop lossand take profit orders, granting trades better control over their orders.\n• Cross-chainmoney marketplatform,Pike Finance, announces the Pike PIU Program (PPP), allowing users to earn the PIU token by lending, borrowing or holding these positions on Pike. Holding the PIU token grants benefits such as whitelist slots for the upcoming PIKE token sale among others.\n• Real-world asset(RWA)tokenizationplatform,Tangible DAO, announces the development of their very own L2, Real, a chain dedicated to RWA tokenization built on Arbitrum Orbit.\nSolanaDEX aggregator, Jupiter, launches their voting platform, enabling JUP token holders to stake their JUP tokens for voting power. Unstaking tokens will require 30 days, with decreasing voting power assigned to tokens that are unstaking. All votes will receive incentives which are derived from launchpad fees.\nSolana liquid staking protocol, Jito, suspends their mempool product offered through the Jito Block engine, in a bid to reduce the negative impact on the average Solana user due tosandwich attacksexecuted through this service.\nSolana money market platform, Kamino Finance, announces the date for their upcomingsnapshoton 31st March, with the genesis token launch coming in April. The token is expected to be utilized for governance, to determine incentive programs, revenue allocation and decisions surrounding risk management and operations.\nInjective launches inEVM, a rollup built on Injective but fully compatible with the EVM. This enables Ethereum-based developers to build applications on inEVM while leveraging the high speeds of Injective. InEVM was designed in collaboration with rollup provider Caldera, supported by Hyperlane andLayerZero.\nNIM Network, the first RollApp to launch on Dymension, introduces itself. NIM Network is a RollApp focused on the intersection of crypto and gaming, powered by Dymension and leveragingCelestiafordata availability.\nInteroperabilityinfrastructure layer, Wormhole, releases the eligibility checker for the W tokenairdrop. Users who have utilized cross-chainbridgessupported by Wormhole will be eligible for the airdrop.\nOptionand perpetuals DEX, Aevo, will be launching their token on March 13th, with an airdrop to users who qualified as part of their Farming Program which has been ongoing for the past month.\nAutomated chain deployment protocol, Saga, opens up claims for the SAGA token airdrop. Eligible users includeAvalanche, Celestia, Cosmos and Polygon stakers, as well as community participants and winners of their past game tournaments.\nGambleFi protocol, Shuffle, releases the airdrop allocation for eligible users of the SHFL airdrop. Users who have wagered on the platform since its launch will qualify for the airdrop. The token will be open for claiming after the token sale.\nAs every coin rebrands into an AI coin, Qiao Wang of AllianceDAO reminds us that while we can capitalize on and trade these worthless AI coins, we must remain aware of what game we are playing: the AI trade or thememecointrade.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, which had been a headwind, has now become a tailwind as U.S. rates and the dollar appear to have topped out and are turning lower. Additionally, as we approach key resistance levels, short-term speculative traders trying to call a top, short into these key levels and then get liquidated, causing a pseudonegative gamma effectwhich propels us higher," founders added.\nThe U.K.\'s Financial Conduct Authority on Mondayopened the doors for institutional investorsto create crypto asset-backed exchange-traded notes. TheLondon Stock Exchangelater confirmed that it would accept applications for bitcoin and ether ETNs in the second quarter of this year.\nBitcoin’s move to new peaks came even as Asian equity indices slipped, with Japan’s Nikkei and Australia’s ASX falling 2% after aReuters report saidthe Bank of Japan could lift the benchmark interest rate above zero this month.\nSome analysts havelong warnedthat BOJ is a major source of uncertainty for both traditional and crypto markets.\nThat said, the consensus is that any bitcoin dip is likely to be short-lived, thanks to the supply-demand imbalance created by the recent strong inflows into the U.S.-listed spot ETFs and the impending reward halving.\nUPDATE (March 11, 08:45 UTC): Adds quote, bullets.\nUPDATE (March 11, 08:15 UTC): Updates headline, adds details.\nUPDATE (March 11, 07:45 UTC): Updates headline and lede, adds details.', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, which had been a headwind, has now become a tailwind as U.S. rates and the dollar appear to have topped out and are turning lower. Additionally, as we approach key resistance levels, short-term speculative traders trying to call a top, short into these key levels and then get liquidated, causing a pseudonegative gamma effectwhich propels us higher," founders added.\nThe U.K.\'s Financial Conduct Authority on Mondayopened the doors for institutional investorsto create crypto asset-backed exchange-traded notes. TheLondon Stock Exchangelater confirmed that it would accept applications for bitcoin and ether ETNs in the second quarter of this year.\nBitcoin’s move to new peaks came even as Asian equity indices slipped, with Japan’s Nikkei and Australia’s ASX falling 2% after aReuters report saidthe Bank of Japan could lift the benchmark interest rate above zero this month.\nSome analysts havelong warnedthat BOJ is a major source of uncertainty for both traditional and crypto markets.\nThat said, the consensus is that any bitcoin dip is likely to be short-lived, thanks to the supply-demand imbalance created by the recent strong inflows into the U.S.-listed spot ETFs and the impending reward halving.\nUPDATE (March 11, 08:45 UTC): Adds quote, bullets.\nUPDATE (March 11, 08:15 UTC): Updates headline, adds details.\nUPDATE (March 11, 07:45 UTC): Updates headline and lede, adds details.', 'Saudi Aramco boosted its 2023 dividend by 30% despite a drop in annual net profit due to lower oil prices and output cuts.\nThe world\'s biggest oil company said profits fell 25% to $121bn (£91bn) after a record year in 2022. But the figure is still the second-highest profit ever for the Saudi state-backed company.\n“The decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins,” the company said in its filing to the Tadawul stock market.\nAramco reported in its annual accounts that dividends to shareholders increased by 30% to $97.8bn in 2023.\nThe Saudi government, which directly holds about 82.2% of Aramco, relies heavily on the oil firm\'s payouts, which also include royalties and taxes.\nRead more:FTSE 100 LIVE: European markets fall as Currys rejects takeover bid\nThe price of Brent crude, the benchmark oil price, fell from as high as nearly $120 a barrel in the middle of 2022 to as low as $67 a barrel last year.\nBitcoin hit a new record high on Monday, rising above $71,312, as the surge in the biggestcryptocurrencycontinues.\nIt adds further to a rally that has taken the cryptocurrency from less than $16,000 in late 2022 to over $71,000.\nRead more:Crypto live prices\nThe momentum continues to be driven by flows into US spot ETFs and hopes of a Federal Reserve interest rate cut.\nBitcoin was up 3% on Monday and more than 61% since the start of the year.\nUS activist investor Elliott has announced it is abandoning its attempt to take electricals retailer Currys private after having two bids rejected.\nIt had initially proposed an offer that valued the electricals chain at £700m, and then raised it to £756m.\nCurrys rejected a second indicative bid from Elliott last month, while China-based online giant JD.com (JD) has also said it is considering an offer.\nBut Currys rebuffed the approaches, stating that Elliott "significantly undervalued" the business.\nIn a statement, Elliott confirmed it is “not in an informed position to make an improved offer for Currys on the basis of the public information available to it”.\nRead more:Stocks that are trending today\nIt added: “Elliott therefore confirms it does not intend to make an offer for Currys.”\nCurrys shares dropped 7% in early trading but the FTSE 250 (^FTMC) company’s valuation remains higher than before the US investor’s initial bid.\nIts shares were trading at about 59p, up from 47p before Elliott’s first approach.\nMarks & Spencer’s added 2% after RBC Capital Markets upgraded the retailer to “outperform” from “sector perform”.\n"The M&S share price has come in 17% from recent highs, due to investor repositioning and concerns over the UK consumer and costs outlook," the bank said.\nRead more:\'Everybody said suits will be dead\': Moss CEO on heritage brand rise and customer letters\n"But there has been no great change in its strong fundamentals in our view. At 10x CY24E P/E, the shares appear to be pricing no growth, but we think M&S can deliver this with a progressive cash returns policy, thus broadening its appeal to long term investors."', 'Saudi Aramco boosted its 2023 dividend by 30% despite a drop in annual net profit due to lower oil prices and output cuts.\nThe world\'s biggest oil company said profits fell 25% to $121bn (£91bn) after a record year in 2022. But the figure is still the second-highest profit ever for the Saudi state-backed company.\n“The decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins,” the company said in its filing to the Tadawul stock market.\nAramco reported in its annual accounts that dividends to shareholders increased by 30% to $97.8bn in 2023.\nThe Saudi government, which directly holds about 82.2% of Aramco, relies heavily on the oil firm\'s payouts, which also include royalties and taxes.\nRead more:FTSE 100 LIVE: European markets fall as Currys rejects takeover bid\nThe price of Brent crude, the benchmark oil price, fell from as high as nearly $120 a barrel in the middle of 2022 to as low as $67 a barrel last year.\nBitcoin hit a new record high on Monday, rising above $71,312, as the surge in the biggestcryptocurrencycontinues.\nIt adds further to a rally that has taken the cryptocurrency from less than $16,000 in late 2022 to over $71,000.\nRead more:Crypto live prices\nThe momentum continues to be driven by flows into US spot ETFs and hopes of a Federal Reserve interest rate cut.\nBitcoin was up 3% on Monday and more than 61% since the start of the year.\nUS activist investor Elliott has announced it is abandoning its attempt to take electricals retailer Currys private after having two bids rejected.\nIt had initially proposed an offer that valued the electricals chain at £700m, and then raised it to £756m.\nCurrys rejected a second indicative bid from Elliott last month, while China-based online giant JD.com (JD) has also said it is considering an offer.\nBut Currys rebuffed the approaches, stating that Elliott "significantly undervalued" the business.\nIn a statement, Elliott confirmed it is “not in an informed position to make an improved offer for Currys on the basis of the public information available to it”.\nRead more:Stocks that are trending today\nIt added: “Elliott therefore confirms it does not intend to make an offer for Currys.”\nCurrys shares dropped 7% in early trading but the FTSE 250 (^FTMC) company’s valuation remains higher than before the US investor’s initial bid.\nIts shares were trading at about 59p, up from 47p before Elliott’s first approach.\nMarks & Spencer’s added 2% after RBC Capital Markets upgraded the retailer to “outperform” from “sector perform”.\n"The M&S share price has come in 17% from recent highs, due to investor repositioning and concerns over the UK consumer and costs outlook," the bank said.\nRead more:\'Everybody said suits will be dead\': Moss CEO on heritage brand rise and customer letters\n"But there has been no great change in its strong fundamentals in our view. At 10x CY24E P/E, the shares appear to be pricing no growth, but we think M&S can deliver this with a progressive cash returns policy, thus broadening its appeal to long term investors."', "Investors were incredibly optimistic about the prospects for some of the most speculative cryptocurrencies back in 2021. That raging bull market was propelled by the meme stock craze that also took over digital assets.\nDogecoin(CRYPTO: DOGE)benefited tremendously that year, although things have cooled down a lot since then. But even with its price being 77% off its all-time high, this token has skyrocketed almost 8,000% just in the past five years, with a particularly strong surge just in the past few days.\nWith renewed enthusiasm for Dogecoin in the last couple of weeks, is this the bestcryptocurrencyto buy with $1,000 right now?\nAlthough Dogecoin is one of the oldest cryptos out there, having been launched in 2013, it doesn't bring anything valuable to the table. In fact, the founders created the token as a joke. But it's hard to deny Dogecoin's monumental rise to become the ninth most-valuable blockchain network today, with a market cap of $24 billion.\nBack in 2021, Dogecoin caught fire because there was a lot of hype surrounding it. Notable business figures -- likeTeslafounder and Chief Executive Officer Elon Musk and Dallas Mavericks minority owner Mark Cuban -- would mention Dogecoin publicly, which would lead to huge price spikes. The EV maker and Cuban's NBA team even allow payments to be completed in Doge tokens for certain products.\nIf the only reason you're interested in buying Dogecoin is because you expect the price rise to continue, with no fundamental reasoning supporting this perspective, then this is speculative behavior that's more like gambling than true investing. It's very risky to put hard-earned savings behind this digital asset.\nThat's especially the case when you consider that only 19 active developers are working on advancing Dogecoin's functionality. Out of the top 100 cryptocurrencies for developer activity, this ranks 90th.\nIt's difficult to be optimistic about Dogecoin's prospects over the long term. I believe there's even a meaningful probability that it won't even exist a decade from now.\nIt's easy to get caught up in the hype, but it's best to remain focused on what really matters, and that's logical reasoning and a long-term mindset. With this mental framework, it's clear to me that the best cryptocurrency to buy with $1,000 isn't Dogecoin, butBitcoin(CRYPTO: BTC).\nThere's a strong argument to be made that Bitcoin solves an actual problem people face everywhere. It allows anyone to send money digitally to someone anywhere in the world directly, without the need for an intermediary.\nMoreover, Bitcoin is a new way to store value without any counterparty risk. In countries that have strict capital controls or authoritarian regimes, this is extremely valuable.\nWhereas 10,000 new Dogecoin tokens are mined every single minute, there will only ever be 21 million Bitcoin tokens in circulation. This absolute scarcity is in stark contrast to the constantly debasing fiat currencies across the globe.\nSince the start of 2023, Bitcoin's price has soared roughy 300%, and the momentum has continued so far this year. But there could be strong gains on the horizon.\nThe current value of all the world's gold is roughly $14.5 trillion.Bitcoin possesses superior propertiescompared to the precious metal. Not only that, but in a society that is becoming more digitized and internet-enabled, it's not unreasonable to assume that the crypto's current market cap of $1.3 trillion could match gold's total value one day, resulting in 1,000% upside from here.\nWith $1,000 ready to invest, there's no doubt that Bitcoin is the best crypto to buy and hold.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has adisclosure policy.\nDogecoin Has Skyrocketed 8,000% in the Last 5 Years; Is It the Best Crypto to Buy With $1,000 Right Now?was originally published by The Motley Fool", 'Coinbase(NASDAQ: COIN)is up 341% over the past year as the crypto industry made a quick recovery from 2023 lows. Now,BitcoinETFs are one of the hottest investments and Coinbase is riding the wave.\nIn this video, Travis Hoium shows why Coinbase is primed for a phenomenal 2024.\nStock prices used were end-of-day prices of March 8, 2024. The video was published on March 9, 2024.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 8, 2024\nTravis Hoiumhas positions in Coinbase Global and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe throughtheir linkthey will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.\n1 Monster Stock Up 340% in the Past Year to Buy and Hold Long Termwas originally published by The Motley Fool', '\nStocks fall from record highs\n\nMarkets wait for U.S. CPI data on Tuesday\n\nBank of Japan could exit negative rates\n\nBitcoin hits new all-time high\n(Rewrites throughout)\nBy Elizabeth Howcroft\nLONDON, March 11 (Reuters) - European stock indexes were mostly in the red in early trading on Monday, falling from last week\'s record highs as traders grappled with uncertainty over the economic outlook and waited for U.S. inflation data later in the week.\nU.S. stocks edged down from recent highs on Friday, in a move analysts attributed to profit-taking, after U.S. payrolls data presented a mixed picture but maintained expectations for a Federal Reserve rate cut in June.\nTraders are now focused on U.S. inflation data due on Tuesday, which could change expectations for when major central banks will begin cutting rates.\nAt 0948 GMT, the MSCI World Equity index was down 0.2% on the day, having hit a new all-time high on Friday.\nThe pan-European STOXX 600, which also hit an all-time high on Friday, was down 0.5%. London\'s FTSE 100 was down 0.3% and Germany\'s DAX was down 0.7%.\nAmelie Derambure, senior multi-asset portfolio manager at Amundi, said that Monday\'s downturn could be due to uncertainty about the economic outlook, and high valuations in stocks.\n"There are some elements on the macro outlook that are maybe not as clear as one was willing to believe," she said.\nLast week, comments from Fed Chair Jerome Powell and European Central Bank policymakers raised expectations that interest rate cuts will begin in summer, helping push stock indexes to new highs.\nDerambure said there is "fatigue" in stocks, pointing to a split in the trajectories of the so-called "Magnificent Seven" group of U.S. technology stocks, which have rallied strongly in recent years. A slump in Tesla this year has seen it diverge from the group.\n"To us, there are some excesses in the markets so we want to be a bit more cautious on that front," she said.\n"We believe it\'s all priced for perfection and the reality might be slightly different."\nTuesday\'s U.S. consumer price index (CPI) report for February is forecast to rise 0.4% for the month and keep the annual pace steady at 3.1%. Core inflation is seen rising 0.3%, which will nudge the annual pace down to the lowest since early 2021 at 3.7%.\nU.S. Treasury yields have declined in recent weeks, as hopes for a rate cut put downward pressure on yields. The U.S. 10-year yield was down 3 basis points at 4.0672%.\nEuro zone government bond yields were mostly lower, with German 10-year yield steady at 2.258% after last week seeing its biggest weekly fall since December.\nThe U.S. dollar index was flat at 102.68, having dropped more than 1% last week, and the euro was steady at $1.09375.\nThe yen edged higher as Reuters reported that a growing number of Bank of Japan policymakers are warming to the idea of ending negative rates this month.\nThe dollar was down 0.4% against the yen, with the pair at 146.52.\nData released on Monday showed Japan was not in recession after economic growth was revised up to an annualised 0.4% for the December quarter.\nChinese stocks gained after data over the weekend showed a bounce in inflation. China also said it will improve home sales in a "forceful" and "orderly" way, as the country\'s beleaguered residential property market remains troubled by weak demand.\nOil prices recovered, having fallen last week due to concerns about slow demand in China. Brent futures were up 0.4% at $82.42 a barrel, while U.S. West Texas Intermediate (WTI) was up 0.35% at $78.28 a barrel.\nThe decline in the dollar and bond yields has been supportive of non-yielding gold which was up at $2,180.63 an ounce, having surged 4.5% last week to record peaks. GOL/\nCryptocurrency bitcoin hit a new all-time high at $71,836 .\n(Reporting by Elizabeth Howcroft Editing by Ros Russell)', 'Updated at 4:25 PM EDT by Rob Lenihan\nStocks finished mixed on Monday, as investors looked to a key inflation reading tomorrow following a dovish February jobs report last week.\nThe Dow Jones Industrial Average edged up 0.12% to 38,769.66, while the S&P 500 finished down 0.11% to 5,117.94 and the tech-heavy Nasdaq slipped down 0.41% to 16,019.27.\nThe February Consumer Price Index is scheduled to be release on March 12.\nBill Adams, chief economist for Comerica Bank, said the CPI index likely ran hot in February on higher gasoline prices," but core inflation likely slowed further as car prices fell and rent increases moderated."\n"Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing costs to jump after three monthly declines," Adams said.\nAdams said that retail sales likely rebounded sharply as Americans spent more at gas stations, bought more new vehicles, and increased discretionary spending on durable goods after bad weather held back spending in January.\nIndustrial production was likely flat, with milder weather helping mining but hurting utilities, he added.\nUpdated at 1:25 PM EDT\nThe Treasury sold $56 billion in new 3-year notes Monday, drawing improved demand from foreign investors and a lower overall borrowing cost.\nInvestors placed bids worth $145.6 billion for the auction, generating a bid-to-cover ratio of 2.6, modestly higher than during a similar sale last month. Foreign investors took down around 70% of the sale, a firmly higher tally than in February.\nTraders will now look to tomorrow\'s benchmark $39 billion sale of new 10-year notes, which comes just hours after the Commerce Department\'s February inflation report.\nUpdated at 12:33 PM EDT\nPresident Joe Biden unveiled his formal budget proposals for next fiscal year, following on from last week\'s State of the Union address, promising deficit reductions of around $3 trillion over the coming decade funded in part by targeted tax increases.\nThe budget plan, which has little if no chance of receiving support in Congress, would also lead to overall U.S. debt rising to as high as $45 trillion over the next ten years.\nUpdated at 11:06 AM EDT\nThe New York Fed\'s monthly survey of consumers, which includes questions ranging from job stability to price pressures, suggests a elevated level of caution heading into the spring.\nThe survey\'s benchmark inflation outlook shows no change in year-ahead CPI expectations, which held at 3%, and noted that a higher proportion of respondents are worried about keeping their jobs than at the start of the year.\nUpdated at 10:39 AM EDT\nBoeing(BA)shares fell to the lowest levels in nearly four months as safety issues linked to its workhorse 737 Max jet following a door malfunction in early January continue to weigh on the planemaker.\nBloomberg reported that Delta Air Lines DAL expects delays in a big 737 Max 10 order, which was first unveiled in July of 2022, while Alaska Airlines ALK said over the weekend it will cooperate with a U.S. Department of Justice probe into the January 5 door incident.\nA 787 Dreamliner, meanwhile, flown by Chile\'s LATAM Airlines suffered a "technical event" during a flight from Auckland, New Zealand to Sydney, Australia that reportedly injured around 50 passengers.\nBoeing shares were last marked 3.7% lower at $191.20 each, having earlier slipped to as low as $189.80 earlier in the session.\nUpdated at 9:38 EDT\nStocks are drifting lower into the opening minutes of trading, with the S&P 500 down 13 points, or 0.26%, and the Nasdaq falling 72 points, or 0.45%.\nNvidia shares are a notable downside mover, falling 2.8% to $850.44 each, following on from Friday\'s big swings, which included an 11% peak-to-trough move for the AI chipmaker that has triggered some concerns over broader market volatility.\nRelated: Is Nvidia\'s slide a sign of a market top?\nUpdated at 8:17 EDT\nBitcoin prices hit another record high Monday, and were last marked 4% higher at $71,712.80 each after topping $72,000 for the first time ever earlier in the session.\nSome of today\'s price gains could be linked to a move by MicroStrategy to buy around 12,000 bitcoin at a cost of $821.7 million\nStock Market Today\nStocks ended lower on Friday, led by a sharp decline in tech stocks amid a big intraday move from AI chipmaker Nvidia(NVDA), despite a February jobs report that suggested solid hiring gains against fading wage growth.\nThe overall reading, seen as an indicator of the potential for a soft landing in the economy later this year, stoked bets on an early-spring interest-rate cut from the Federal Reserve and lower Treasury bond yields but failed to support stocks into the close of the session.\nThe market\'s macro focus is likely to shift this week to Tuesday\'s inflation report for February, which is expected to show a further slowdown in the closely tracked core reading while indicating little change at the headline level from the 3.1% pace recorded over January.\nBenchmark 10-year Treasury note yields eased modestly into the start of the New York session, with eyes on both Tuesday\'s inflation data and a $39 billion auction of new paper set for 1 pm Eastern Time that same day.\nThe U.S. dollar index, meanwhile, was marked 0.03% lower against a basket of its global peers at 102.679, the lowest since mid-January.\nWall Street will navigate only a handful of earnings this week as the S&P 500 earnings season draws to a close. Updates are expected from database-management giant Oracle(ORCL)after the closing bell and retailer Kohl\'s(KSS), homebuilder Lennar(LEN)and graphics-software stalwart Adobe(ADBE)later in the week.\nWith 494 of the benchmark\'s 500 companies report so far, collective fourth-quarter earnings are estimated to rise 10% from a year earlier to $476.1 billion, according to LSEG data.\nThat growth rate is likely to slow sharply, however, to around 5.3% over the current quarter, drawing in share-weighted earnings of around $459.8 billion.\nWith this week\'s data on tap and a muted session of data ahead, stocks are set for a mixed open. Futures contracts tied to the S&P 500, which is up 7.47% for the year, are indicating an 18 point opening bell gain.\nFutures tied to the Dow Jones Industrial Average, meanwhile, are priced for a 130 point decline while those linked to the tech-focused Nasdaq are indicating an 82 point dip.\nIn Europe, stocks moved lower in early Frankfurt trading, with the Stoxx 600 benchmark falling 0.44%, while Britain\'s FTSE 100 slipped 0.43% in London.\nOvernight in Asia, data showing a better-than-expected revision for fourth-quarter GDP in Japan, which effectively indicated the country avoided technical recession, stoked bets on a Bank of Japan rate move. The report sent the Nikkei 225 2.19% lower to 38,820.49 points.\nAsia\'s regionwide MSCI ex-Japan index, meanwhile, was marked 0.13% lower into the close of trading.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'Updated at 4:25 PM EDT by Rob Lenihan\nStocks finished mixed on Monday, as investors looked to a key inflation reading tomorrow following a dovish February jobs report last week.\nThe Dow Jones Industrial Average edged up 0.12% to 38,769.66, while the S&P 500 finished down 0.11% to 5,117.94 and the tech-heavy Nasdaq slipped down 0.41% to 16,019.27.\nThe February Consumer Price Index is scheduled to be release on March 12.\nBill Adams, chief economist for Comerica Bank, said the CPI index likely ran hot in February on higher gasoline prices," but core inflation likely slowed further as car prices fell and rent increases moderated."\n"Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing costs to jump after three monthly declines," Adams said.\nAdams said that retail sales likely rebounded sharply as Americans spent more at gas stations, bought more new vehicles, and increased discretionary spending on durable goods after bad weather held back spending in January.\nIndustrial production was likely flat, with milder weather helping mining but hurting utilities, he added.\nUpdated at 1:25 PM EDT\nThe Treasury sold $56 billion in new 3-year notes Monday, drawing improved demand from foreign investors and a lower overall borrowing cost.\nInvestors placed bids worth $145.6 billion for the auction, generating a bid-to-cover ratio of 2.6, modestly higher than during a similar sale last month. Foreign investors took down around 70% of the sale, a firmly higher tally than in February.\nTraders will now look to tomorrow\'s benchmark $39 billion sale of new 10-year notes, which comes just hours after the Commerce Department\'s February inflation report.\nUpdated at 12:33 PM EDT\nPresident Joe Biden unveiled his formal budget proposals for next fiscal year, following on from last week\'s State of the Union address, promising deficit reductions of around $3 trillion over the coming decade funded in part by targeted tax increases.\nThe budget plan, which has little if no chance of receiving support in Congress, would also lead to overall U.S. debt rising to as high as $45 trillion over the next ten years.\nUpdated at 11:06 AM EDT\nThe New York Fed\'s monthly survey of consumers, which includes questions ranging from job stability to price pressures, suggests a elevated level of caution heading into the spring.\nThe survey\'s benchmark inflation outlook shows no change in year-ahead CPI expectations, which held at 3%, and noted that a higher proportion of respondents are worried about keeping their jobs than at the start of the year.\nUpdated at 10:39 AM EDT\nBoeing(BA)shares fell to the lowest levels in nearly four months as safety issues linked to its workhorse 737 Max jet following a door malfunction in early January continue to weigh on the planemaker.\nBloomberg reported that Delta Air Lines DAL expects delays in a big 737 Max 10 order, which was first unveiled in July of 2022, while Alaska Airlines ALK said over the weekend it will cooperate with a U.S. Department of Justice probe into the January 5 door incident.\nA 787 Dreamliner, meanwhile, flown by Chile\'s LATAM Airlines suffered a "technical event" during a flight from Auckland, New Zealand to Sydney, Australia that reportedly injured around 50 passengers.\nBoeing shares were last marked 3.7% lower at $191.20 each, having earlier slipped to as low as $189.80 earlier in the session.\nUpdated at 9:38 EDT\nStocks are drifting lower into the opening minutes of trading, with the S&P 500 down 13 points, or 0.26%, and the Nasdaq falling 72 points, or 0.45%.\nNvidia shares are a notable downside mover, falling 2.8% to $850.44 each, following on from Friday\'s big swings, which included an 11% peak-to-trough move for the AI chipmaker that has triggered some concerns over broader market volatility.\nRelated: Is Nvidia\'s slide a sign of a market top?\nUpdated at 8:17 EDT\nBitcoin prices hit another record high Monday, and were last marked 4% higher at $71,712.80 each after topping $72,000 for the first time ever earlier in the session.\nSome of today\'s price gains could be linked to a move by MicroStrategy to buy around 12,000 bitcoin at a cost of $821.7 million\nStock Market Today\nStocks ended lower on Friday, led by a sharp decline in tech stocks amid a big intraday move from AI chipmaker Nvidia(NVDA), despite a February jobs report that suggested solid hiring gains against fading wage growth.\nThe overall reading, seen as an indicator of the potential for a soft landing in the economy later this year, stoked bets on an early-spring interest-rate cut from the Federal Reserve and lower Treasury bond yields but failed to support stocks into the close of the session.\nThe market\'s macro focus is likely to shift this week to Tuesday\'s inflation report for February, which is expected to show a further slowdown in the closely tracked core reading while indicating little change at the headline level from the 3.1% pace recorded over January.\nBenchmark 10-year Treasury note yields eased modestly into the start of the New York session, with eyes on both Tuesday\'s inflation data and a $39 billion auction of new paper set for 1 pm Eastern Time that same day.\nThe U.S. dollar index, meanwhile, was marked 0.03% lower against a basket of its global peers at 102.679, the lowest since mid-January.\nWall Street will navigate only a handful of earnings this week as the S&P 500 earnings season draws to a close. Updates are expected from database-management giant Oracle(ORCL)after the closing bell and retailer Kohl\'s(KSS), homebuilder Lennar(LEN)and graphics-software stalwart Adobe(ADBE)later in the week.\nWith 494 of the benchmark\'s 500 companies report so far, collective fourth-quarter earnings are estimated to rise 10% from a year earlier to $476.1 billion, according to LSEG data.\nThat growth rate is likely to slow sharply, however, to around 5.3% over the current quarter, drawing in share-weighted earnings of around $459.8 billion.\nWith this week\'s data on tap and a muted session of data ahead, stocks are set for a mixed open. Futures contracts tied to the S&P 500, which is up 7.47% for the year, are indicating an 18 point opening bell gain.\nFutures tied to the Dow Jones Industrial Average, meanwhile, are priced for a 130 point decline while those linked to the tech-focused Nasdaq are indicating an 82 point dip.\nIn Europe, stocks moved lower in early Frankfurt trading, with the Stoxx 600 benchmark falling 0.44%, while Britain\'s FTSE 100 slipped 0.43% in London.\nOvernight in Asia, data showing a better-than-expected revision for fourth-quarter GDP in Japan, which effectively indicated the country avoided technical recession, stoked bets on a Bank of Japan rate move. The report sent the Nikkei 225 2.19% lower to 38,820.49 points.\nAsia\'s regionwide MSCI ex-Japan index, meanwhile, was marked 0.13% lower into the close of trading.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'The London Stock Exchange (LSE) hasannouncedplans to accept applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) in the second quarter of 2024. However, the exact date has yet to be confirmed.\nAccording to the LSE\'sCrypto ETN Admission Factsheet, eligible ETNs must be physically backed and non-leveraged. They must also be backed by Bitcoin or Ether and have a market price or value measure of the underlying asset that is publicly available.\nThe underlying crypto assets must be held in a cold wallet or similar storage solution, including cold staking, and by a custodian subject to Anti-Money Laundering laws in the United Kingdom, the European Union, Switzerland, or the United States.\nETNs are debt securities that provide exposure to an underlying asset. They allow investors to trade securities that track the performance of crypto assets during the exchange\'s trading hours.\nThe U.K.\'s Financial Conduct Authority (FCA) hasstatedthat it will not object to requests from Recognised Investment Exchanges (RIEs) to create a market segment for crypto-backed ETNs.\nHowever, these products can only be offered to "professional investors," such as credit institutions and investment firms. However, it will not be available to retail investors, with the statement saying:\n“The FCA continues to believe cETNs and crypto derivatives are ill-suited for retail consumers due to the harm they pose. As a result, the ban on the sale of cETNs (and crypto derivatives) to retail consumers remains in place.”\nThe FCA has also emphasized that cryptocurrencies are still deemed “high risk and largely unregulated,” and warns the public that their investments could go to zero. The UK government has recentlyramped up regulatory efforts in the crypto industry, including allowing law enforcement toseize crypto assets suspected of being involved in illicit activitieswithout a conviction.', 'The London Stock Exchange (LSE) hasannouncedplans to accept applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) in the second quarter of 2024. However, the exact date has yet to be confirmed.\nAccording to the LSE\'sCrypto ETN Admission Factsheet, eligible ETNs must be physically backed and non-leveraged. They must also be backed by Bitcoin or Ether and have a market price or value measure of the underlying asset that is publicly available.\nThe underlying crypto assets must be held in a cold wallet or similar storage solution, including cold staking, and by a custodian subject to Anti-Money Laundering laws in the United Kingdom, the European Union, Switzerland, or the United States.\nETNs are debt securities that provide exposure to an underlying asset. They allow investors to trade securities that track the performance of crypto assets during the exchange\'s trading hours.\nThe U.K.\'s Financial Conduct Authority (FCA) hasstatedthat it will not object to requests from Recognised Investment Exchanges (RIEs) to create a market segment for crypto-backed ETNs.\nHowever, these products can only be offered to "professional investors," such as credit institutions and investment firms. However, it will not be available to retail investors, with the statement saying:\n“The FCA continues to believe cETNs and crypto derivatives are ill-suited for retail consumers due to the harm they pose. As a result, the ban on the sale of cETNs (and crypto derivatives) to retail consumers remains in place.”\nThe FCA has also emphasized that cryptocurrencies are still deemed “high risk and largely unregulated,” and warns the public that their investments could go to zero. The UK government has recentlyramped up regulatory efforts in the crypto industry, including allowing law enforcement toseize crypto assets suspected of being involved in illicit activitieswithout a conviction.', 'TYSONS CORNER, Va., March 11, 2024--(BUSINESS WIRE)--MicroStrategy®Incorporated (Nasdaq: MSTR) ("MicroStrategy") today announced that, on March 8, 2024, it completed its previously announced offering of 0.625% convertible senior notes due 2030 (the "notes"). The aggregate principal amount of the notes sold in the offering was $800 million, which includes $100 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, which the initial purchasers exercised in full on March 6, 2024 and which additional purchase was also completed on March 8, 2024. The notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").\nThe notes are unsecured, senior obligations of MicroStrategy, and bear interest at a rate of 0.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2024. The notes will mature on March 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after March 22, 2027, MicroStrategy may redeem for cash all or any portion of the notes at a redemption pri Last 60 Days of Bitcoin's Closing Prices:* [46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-11 Financial & Commodity Data: - Gold Closing Price: $2182.50 - Crude Oil Closing Price: $77.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,410,981,645,031 - Hash Rate: 670577060.7929822 - Transaction Count: 394098.0 - Unique Addresses: 684136.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Niket Nishant and Pritam Biswas Feb 29 (Reuters) - Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the matter said on Thursday, highlighting the growing popularity of the asset class. The ETFs have been available to clients for weeks, the source told Reuters, coming on the heels of the Securities and Exchange Commission's (SEC) landmark approval of such investment vehicles in January. Spot bitcoin ETFs offer investors exposure to the world's largest cryptocurrency without directly holding it. After a decade-long tussle with the SEC, eleven such ETFs started trading in the United States last month. The ETFs have opened up the asset class to new investors and reignited the excitement that had evaporated when prices collapsed in the "crypto winter" of 2022. The growing popularity of such investments has even prompted some investors to swap out holdings in gold-backed ETFs. Bitcoin is often touted as the "digital gold". "We remain convinced that bitcoin is on an 18-month path to $150,000 led by unprecedented institutional adoption," Bernstein analyst Gautam Chhugani said earlier this week. Bitcoin on Wednesday hit $60,000 for the first time in more than two years. Bloomberg Law reported the news earlier in the day. Its report said Wells Fargo's brokerage division is also offering access to the ETFs. Wells Fargo did not immediately respond to a Reuters request for comment. In contrast, Vanguard — the largest provider of mutual funds — said it has no plans to make spot bitcoin ETFs available on its platform to its brokerage clients. (Reporting by Pritam Biswas and Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Thanks to the meteoric rise ofcryptocurrencies– particularly Bitcoin’s (BTC-USD) freshly inked all-time high – it was inevitable that exchange and digital wallet service Coinbase (NASDAQ:COIN) would enjoy downwind benefits. However, as its own business entity, Coinbase features its own distinct risk-reward profile. As such, a short-term trading approach may be preferable as investors ride this wave. I lean bullish on COIN stock based on the data.\nUndeniably, COIN stock has been a strong asset for bullish speculators. Since the beginning of the year, shares have gained almost 64%. Over the past 52 weeks,they gained nearly 330%, a remarkable ascent. Obviously, the optimism aligns with the underlying cryptocurrency market.\nAs an accessible platform, Coinbase is effectively the gateway for everyday investors to participate in the crypto narrative. Because of its custodial nature, the company helps to mitigate some of the harsh pain points of the crypto ecosystem, including lost passwords that have locked out people from millions of dollars worth of crypto riches.\nStill, virtual currencies suffer from an ongoing legislative question about how to regulate them. Further, crypto exchanges can just implode overnight. Without regulation, there is no protection—and that, of course, frightens prospective crypto investors. So, COIN stock offers an alternative, thanks to its general correlation with the blockchain ecosystem.\nGenerally, I believe in this narrative. However, I would also be remiss not to point out some concerns about COIN stock.\nFirst and foremost, Coinbase is its own business. And that means that even if cryptos soar to even more blistering heights, if Coinbase incurs problems unique to the organization, then COIN stock is liable to “break” the positive correlation.\nSecond,legal questionshang over the company, even if the blockchain space enjoyed a major win with the approval ofspot Bitcoin ETFs. Therefore, during some cycles, COIN stock might not reliably correlate with the crypto market.\nThird, TipRanks currently notes that itsInsider Confidence Signalsits at “negative.” Most conspicuously, Coinbase Chairman and CEO Brian Armstrong placed an Informative Sell on COIN stock last month. To be fair, executives sell their shares for a variety of reasons, many of them mundane. Nevertheless, the move may raise some ambiguity over COIN’s future trajectory.\nFor those investors who want to participate in COIN stock but are unsure about making a long-term commitment, a short-term approach may be preferable. Two main advantages exist for this line of thinking.\nFirst, traders focus on the immediate sentiment of the market without getting bogged down with wider fundamental issues. Second, the exposure is limited in case of severe volatility: this is a quick-in, quick-out approach rather than a buy-hold-hope approach.\nTo get the most out of COIN stock for short-term trading, investors may want to consider conditional probability analyses — that is, probabilities calculated on the basis of another event occurring.\nThere are many ways to approach conditional probabilities, but one that I find helpful with COIN stock is trading based on whether the opening price of a session is above or below the prior session’s closing price. Between October 2 and March 8, there have been 110 sessions, with 52 sessions seeing the opening price in the red.\nAmong the 52 sessions, 30 saw the closing price end up higher than the opening price. That means roughly 58% of the time, based on recent trading dynamics, traders can look for the buy signal (COIN stock opening lower than the prior day’s price) and potentially have better-than-coin-toss odds of winning.\nEven better, during the last five times the “opener-down, closer-up” pattern materialized, COIN stock enjoyed an average same-day return of 2.24%.\nLeveraging this information, traders can plug in key assumptions in an options calculator to determine the prospective trade’s viability. As well, they can input hypothetical downside price targets to understand the possible risks and rewards.\nAround April 19, Bitcoin will undergo what’s known as ahalving event. To make a long story short, the rewards for mining the cryptocurrency will be halved. Theoretically, this event should negatively impact supply against a hot commodity. That should be bullish on paper.\nNevertheless, there’s also the fear of “buy the rumor, sell the news.” It’s quite possible that after the halving, cryptos could sharply correct. Interestingly, the put/call volume ratio forCOIN stock optionsspiked to 3.19 for derivatives expiring on April 26.\nSo, word to the wise: the crypto market may continue to undergird an upward bias in COIN stock up until the halving. After the event, there may be some near-term choppiness or outright volatility.\nTurning to Wall Street, COIN stock has a Hold consensus rating based on nine Buys, nine Holds, and five Sell ratings. Theaverage COIN stock price targetis $182.95, implying 28% downside risk.\nWith cryptocurrencies soaring, COIN stock has ridden the sector’s coattails. The data is clear about that. However, outside fundamentals present some questions about buying and holding Coinbase shares. To mitigate these concerns, traders may consider a short-term approach by exploiting the upward bias in the security.\nDisclosure', "BEIJING (AP) — Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates.\nU.S. futures and oil prices were higher.\nJapan's Nikkei 225 lost 0.6% to 38,586.92, retreating further from its recent record highs as expectations build that the central bank will raise its negative benchmark interest rate next month.\nThat speculation has pushed the Japanese yen higher against the U.S. dollar. Early Tuesday, the dollar was trading at 147.40 yen, up from 146.95 yen. Recently the dollar was trading at about 150 yen.\nChinese markets were mixed, with Hong Kong's Hang Seng up 1.2% at 16,781.91, while the Shanghai Composite index slipped 0.4% to 3,056.35.\nElsewhere in Asia, the S&P/ASX 200 edged 0.1% higher to 7,712.20. South Korea's Kospi advanced 04% to 2,671.26.\nOn Monday, the S&P 500 slipped 0.1% to 5,117.94, remaining near its all-time high set Thursday.\nPrices have been buoyed by expectations that cuts to interest rates are coming this year and by signals that the economy remainsremarkably resilient.\nThe Dow Jones Industrial Average rose 0.1% to 38,769.66 and the Nasdaq composite fell 0.4% to 16,019.27.\nTuesday’s report on prices Americans pay could show inflation remained at 3.1% in February, if economists’ forecasts are correct.\nA month ago,a hotter-than-expected reporton inflation at the consumer level sent financial markets spinning.\nBut the trend for inflation has been mostly downward, cooling toward the Fed’s 2% target from its peak above 9%. Fed Chair Jerome Powell Jerome Powell said last weekthe Fed is “not far”from getting enough confidence about inflation to begin cutting rates. Cuts to the Fed's main interest rate, which is at its highest level since 2001, would relax pressure on the economy and financial system, while goosing investment prices.\nThe general expectation among traders is that the Fed will begin cutting rates in June.\nExpectations for easier interest rates have helped the price of gold rally to a record. When bonds pay less in interest, investors lose out on less income by owning gold instead. Gold for delivery in April ticked up by $3.10 to settle at $2,188.60 per ounce. Gold prices are up about 17% over the last 12 months.\nBitcoin, which proponents sometimes pitch as “digital gold,” also rallied to another record. It rose to nearly $73,000 after sitting below $17,000 at the start of last year. It's more than bounced back from its prior prior peak of nearly $69,000.\nOn Wall Street, Oracle rose 1.5% before it released its latest earnings report after trading finished for the day. Its profit topped analysts' expectations, and its stock rose more in afterhours trading.\nOn the losing end was natural-gas producer EQT, which sank 7.8% for the biggest drop in the S&P 500. It said it will buy Equitrans Midstream and its gas transmission and storage systems in an all-stock deal that values the combined company at $35 billion. Equitrans Midstream rose 1.5%.\nNvidia swung through a shaky day after coming off a 5.5% drop on Friday, which was its worst day since May. Nvidia is still up more than 70% this year after more than tripling last year amid a frenzy on Wall Street around artificial-intelligence technology.\nThe rally has caused Nvidia to swell in size, and it’s become the third-largest stock on Wall Street. That gives its stock movements outsized sway on the S&P 500, and it’s been getting criticism that its stock ran too high, too fast. After flipping earlier between losses and gains, Nvidia's stock dropped 2% to act as one of the heaviest weights on the S&P 500.\nRedditsaid it may raise up to $748 million through the sale of stock to investors on an exchange for the first time. The social media company expects its stock to trade under the “RDDT” ticker symbol.\nIn other trading early Tuesday, U.S. benchmark crude oil was up 15 cents at $78.08 per barrel in electronic trading on the New York Mercantile Exchange. It fell 8 cents to $77.93 per barrel on Monday.\nBrent crude, the international standard, added 18 cents to $82.39 per barrel.\nThe euro rose to $1.0938 from $1.0927.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", '• US stocks were mostly lower on Monday as investors await a key February inflation report.\n• The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates.\n• CPI year-over-year is expected to hit 3.1%, which is just above the Fed\'s long-term 2% target.\nUS stocks traded mostly lower on Monday as investors awaited the release of a key inflation report.\nThe Dow Jones Industrial Average ended with a small gain, while the Nasdaq and the S&P 500 both closed lower. Mega-cap stalwarts Nvidia and Meta Platforms both stumbled, with the chip maker closing 2% lower and the Facebook parent dropping more than 4%.\nInvestors are awaiting the consumer price index report for February, set to be released Tuesday morning, and the reading will help inform investors when the Federal Reserve might cut interest rates.\nThe median forecast suggests year-over-year CPI will hit 3.1%, which is still above the Fed\'s long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would align with the hotter-than-expected January CPI report.\n"We lean towards this being a \'hot\' CPI print, meaning the inflation for Feb core CPI likely is above the Street\'s +0.30% MoM," Fundstrat\'s Tom Lee told clients in a note on Monday.\nIf the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,117.94, down 0.11%\n• Dow Jones Industrial Average:38,769.66, up 0.12% (+46.97 points)\n• Nasdaq Composite:16,019.27, down 0.41%\nHere\'s what else is going on today:\n• Bitcoin hit a record high on Monday when it jumped above the $72,000 level.The upcoming halving event has generated excitement for the cryptocurrency.\n• Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines.\n• No interest rate cuts in 2024 wouldn\'t spell doom for the broader stock market,according to billionaire investor Ken Fisher.\n• Former President Donald Trump told CNBC on Monday that he is warming up to bitcoinand would not crack down on it if re-elected in November.\n• Moscow has offered terms on how both Russian and Western retail investors could recover investmentsfrozen since the war in Ukraine began over two years ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose by 0.17% to $78.14 a barrel.Brent crude, the international benchmark, jumped 0.44% to $82.44 a barrel.\n• Goldincreased by 0.14% to $2,188.60 per ounce.\n• The 10-year Treasury yield rose by 2 basis points to 4.10%.\n• Bitcoinjumped 4.70% to $72,267.\nRead the original article onBusiness Insider', '(Bloomberg) -- The US wants to help the Philippines double its semiconductor facilities, to lessen the geographic concentration of the global chip supply chain, Commerce Secretary Gina Raimondo said in a business forum in Manila on Tuesday.\nMost Read from Bloomberg\n• A $2 Billion Airport Will Test Modi’s Mission, Adani’s Ambitions\n• Apple Buys Canadian AI Startup as It Races to Add Features\n• Bitcoin Extends Retreat From Record as ‘Bubble’ Talk Escalates\n• Millennium Trader Scored $40 Million Windfall in Egypt FX Plunge\n• SpaceX Starship Nears Orbit, But Is Lost Before Return to Earth\nThe comments came in the wake of a Raimondo-led trade mission announcing over $1 billion in investments by US companies in the Philippines. The commerce chief, much like US Secretary of State Antony Blinken, has sought to encourage nations in Southeast Asia to deepen their investment in chipmaking and related industries, at a time when much of that business still happens in Taiwan, China and South Korea.\n“US companies have realized that our chip supply chain is way too concentrated in just a few countries in the world,” Raimondo said. “Forget about geopolitics, just at that level of concentration, you know the old adage don’t put all your eggs in one basket. Why do we allow ourselves to be buying so many of our chips from one or two countries? That’s why we need to diversify.”\nUS Will ‘Do Whatever It Takes’ to Curb China Tech, Raimondo Says\nThe Biden administration has sought to reduce the US’s reliance on just a few Asian nations for much of its chip supply, while at the same time adding sanctions to curb the advancement of China’s technological capabilities as tensions over Taiwan intensify.\nThe self-governing island that China claims as its territory — and which is home to giant Taiwan Semiconductor Manufacturing Co. — produces a lion’s share of the world’s most advanced semiconductors together with South Korea, while mainland China is a significant supplier of more mature, so-called legacy chips.\nElectronics manufacturers and chipmakers including TSMC have sought to diversify their operations to regions including North America, India and Southeast Asia. The Philippines has 13 semiconductor assembly, testing and packaging facilities and Raimondo said “let’s double it.”\nRead More: TSMC to Win More Than $5 Billion in Grants for US Chip Plant\nShe did not offer any specifics on how the US may assist in that, other than to say it would be an attractive destination for US corporate customers. The Southeast Asian nation is rich on critical minerals, she added, and businesses are looking internationally to make their supply chain more resilient.\n“There’s a moment right now in supply chain for your country, for this whole region,” Raimondo told Philippine executives. “I believe you are on top of the list.”\n--With assistance from Andreo Calonzo.\n(Updates with details about chipmaking locations starting in fourth paragraph)\nMost Read from Bloomberg Businessweek\n• America’s Plumber Deficit Isn’t Good for the Economy\n• Gold-Medalist Coders Build an AI That Can Do Their Job for Them\n• An Influential Economics Forum Has a Troubling Surplus of Trolls\n• When It Comes to Texas, Is Musk All Hat and No Cattle?\n• Make Up or Break Up: Will Trump and Musk Merge?\n©2024 Bloomberg L.P.', "Bitcoin (BTC)has rallied past its all-time highs, reaching an unprecedented $72,000 on March 11. This 9.5% surge over the past week has been volatile, marked by a 4.8% intraday jump followed by a 5.9% dip. Despite the milestone, Bitcoin bulls remain cautious due to a concerning rise in leverage through Bitcoin futures contracts.\nThe currentopen interest in Bitcoin futuressits at a staggering $35.8 billion, raising concerns about overreliance on leveraged positions. While this data reflects investor interest, it doesn't guarantee a bullish trend. However, this does signal potential volatile swings in the price of Bitcoin.\nFurthermore, the Chicago Mercantile Exchange (CME) now holds the largest share of Bitcoin futures, surpassing traditional crypto exchanges. However, this dominance wasn't present during the November 2021 peak, which was followed by a rapid 31.5% price decline. In terms of Bitcoin open interest specifically, the current figure is 27% lower than its October 2022 peak.\nDespite its limitations, the current 495,380 BTC in open interest is significant enough to trigger sharp volatility when prices fluctuate. This was evident on March 4, when a massive $325 million in leveraged positions was liquidated.", "Bitcoin (BTC)has rallied past its all-time highs, reaching an unprecedented $72,000 on March 11. This 9.5% surge over the past week has been volatile, marked by a 4.8% intraday jump followed by a 5.9% dip. Despite the milestone, Bitcoin bulls remain cautious due to a concerning rise in leverage through Bitcoin futures contracts.\nThe currentopen interest in Bitcoin futuressits at a staggering $35.8 billion, raising concerns about overreliance on leveraged positions. While this data reflects investor interest, it doesn't guarantee a bullish trend. However, this does signal potential volatile swings in the price of Bitcoin.\nFurthermore, the Chicago Mercantile Exchange (CME) now holds the largest share of Bitcoin futures, surpassing traditional crypto exchanges. However, this dominance wasn't present during the November 2021 peak, which was followed by a rapid 31.5% price decline. In terms of Bitcoin open interest specifically, the current figure is 27% lower than its October 2022 peak.\nDespite its limitations, the current 495,380 BTC in open interest is significant enough to trigger sharp volatility when prices fluctuate. This was evident on March 4, when a massive $325 million in leveraged positions was liquidated.", "Former President Donald Trump has hinted at a more favorable approach towards cryptocurrency if elected as President of the United States again. In a recentinterviewwith CNBC, Trump acknowledged the growth and potential of digital assets.\nTrump said: “I have seen there has been a lot of use of that. And I’m not sure that I’d want to take it away at this point.” While he admitted to not owning Bitcoin, he noted that he accepts Bitcoin payments for his branded sneakers. Trump's stance marks a shift from his previous skepticism during his presidency. However, he has emphasized that he is a major proponent of only one currency, which is the U.S. dollar.\nThe former president remains opposed to a U.S. central bank digital currency (CBDC), aligning with several former Republicans hopefuls, including Vivek Ramaswamy and Ron DeSantis, who have expressed support for cryptocurrency. In contrast, the Biden administration has taken a more cautious approach, with the current President mandating research on the development of this blockchain technology.\nTrump's potential stance on cryptocurrency could have significant implications for the industry, as it would signal a shift in policy from the current administration.", 'MicroStrategy\'s (MSTR) stock price is surging after the company announced it had purchased even moreBitcoin (BTC), solidifying its position as the world\'s largest corporate holder of the cryptocurrency. The stock jumped nearly 14% on Monday, reaching a high of $1,610 before settling at $1,484, ending the day at a 4% gain. MSTR gained a staggering 106% for the month.\nThis surge comes alongside Bitcoin\'s own record-breaking run, which saw the most valuable cryptocurrency hit an all-time high of $72,200. The recent purchase puts MicroStrategy\'s Bitcoin holdings above BlackRock\'s recently launched spot Bitcoin ETF, which holds 195,985 BTC. MicroStrategy now boasts a treasury of over 200,000 Bitcoins, valued at more than $14.8 billion at current prices.\nMicroStrategy co-founder Michael Saylor remains bullish on Bitcoin, calling it a "superior investment" to traditional assets like gold and equities. He believes Bitcoin\'s digital nature and 24/7 trading availability give it a significant advantage.\nSaylor, a vocal Bitcoin advocate, sees MicroStrategy as a "Bitcoin development company." He predicts Bitcoin\'s market cap will eventually surpass gold. Bitcoin’s market capitalization is currently $1.41 trillion, while gold stands at $14.69 trillion. Meanwhile, MSTR’s market cap is $25.18 billion.', 'MicroStrategy\'s (MSTR) stock price is surging after the company announced it had purchased even moreBitcoin (BTC), solidifying its position as the world\'s largest corporate holder of the cryptocurrency. The stock jumped nearly 14% on Monday, reaching a high of $1,610 before settling at $1,484, ending the day at a 4% gain. MSTR gained a staggering 106% for the month.\nThis surge comes alongside Bitcoin\'s own record-breaking run, which saw the most valuable cryptocurrency hit an all-time high of $72,200. The recent purchase puts MicroStrategy\'s Bitcoin holdings above BlackRock\'s recently launched spot Bitcoin ETF, which holds 195,985 BTC. MicroStrategy now boasts a treasury of over 200,000 Bitcoins, valued at more than $14.8 billion at current prices.\nMicroStrategy co-founder Michael Saylor remains bullish on Bitcoin, calling it a "superior investment" to traditional assets like gold and equities. He believes Bitcoin\'s digital nature and 24/7 trading availability give it a significant advantage.\nSaylor, a vocal Bitcoin advocate, sees MicroStrategy as a "Bitcoin development company." He predicts Bitcoin\'s market cap will eventually surpass gold. Bitcoin’s market capitalization is currently $1.41 trillion, while gold stands at $14.69 trillion. Meanwhile, MSTR’s market cap is $25.18 billion.', 'Thailand’s Securities and Exchange Commission (SEC) has made an exception, allowing institutional investors and very high-net-worth individuals to invest in crypto exchange-traded funds (ETFs).\nThe SEC will now allow asset managers to invest in spot bitcoin {{BTC}} ETFs on U.S. exchanges, said Pornanong Budsaratragoon, the SEC’s Secretary-General, onMonday.\nSpot bitcoin ETFs are classified as securities rather than digital assets under the SEC Act. This reclassification allows Thai securities firms to also partake in these investments. The SEC is contemplating extending this investment opportunity to individual investors in the future.\n“Asset management firms asked the SEC for them to have exposure in digital assets, especially bitcoin and spot bitcoin ETFs, but we need to consider carefully whether to allow asset management firms to invest in digital assets directly due to the high risk,” said Pornanong.\nIn January 2024, the Thai SEC stated that they did not plan to allow asset management firms to launch spot bitcoin ETFs. Until now, the regulator has required individuals to invest in digital assets only through registered local exchanges.', "Currys takeover speculation cooled today after US investment group Elliott Advisors dropped its interest.\nThe decision to walk away came as Elliott expressed frustration that it had not been able to hold talks with the board of the electricals chain.\nElsewhere today, Japan stocks fell sharply and the yen surged on speculation that the country’s central bank will soon raise interest rates.\n• Currys bidder walks away\n• Japan stocks fall on rate rise bets\n• Heathrow posts February record\nMonday 11 March 2024 16:37,Daniel O'Boyle\nMillions of Britons are about to receive increases to their benefits.\nChancellor Jeremy Hunt confirmed last November that most benefits paid by the Department for Work and Pensions (DWP) will increase for the 2024/25 financial year. The rises will be welcomed by families who are struggling to make ends meet, in light of high living costs including energy bills, which rose again in January 2024.\nThe employment and support allowance (ESA) is among the benefits increasing. According to DWP data, 23 groups of medical conditions could make people eligible to receive help. The benefit is intended to help with extra costs relating to a disability or health condition that reduces how much people can work.\nRead more here\nMonday 11 March 2024 16:36,Daniel O'Boyle\nThe FTSE 100 finished the day ahead, despite being down for almost the whole day.\nLondon’s top flight closed up 0.1% at 7,669.23.\nThe slight rise comes before some big economic data this week, starting with unemployment and earnings figures tomorrow.\nThe top risers today were Admiral and Imperial Brands. St James’s Place led the fallers.\nMonday 11 March 2024 15:37,Daniel O'Boyle\nMortgage brokers were shocked as Halifax became the fourth major mortgage lender to up interest rates today, despite relative calm in the financial markets that tend to set home loan prices.\nThe country’s biggest mortgage lender joined fellow “big six” members NatWest and Santander, as well as the Co-Operative Bank, in increasing rates. The wave of increases that shocked brokers, who say that the changes go in the opposite direction to recent movements in the market for interest rate swaps, the financial instruments usually used to price mortgages.\nSpeaking to news agency Newspage, Darryl Dhoffer, adviser at The Mortgage Expert, said: “Are we missing something here? Swap rates are reducing yet lenders are increasing mortgage rates. There's no logic to mortgage pricing right now.”\nRead more here\nMonday 11 March 2024 15:23,Daniel O'Boyle\nOfficial data published this week will offer crucial early evidence on whether the UK is on its way out of recession — and guidance for when the Bank of England might think about cutting interest rates.\nTomorrow, the Office for National Statistics will reveal the latest UK jobs data.\nThe country’s unemployment rate has remained near historic lows, even as GDP data suggests the UK entered recession at the end of last year, in an unusual divergence. But some economists and commentators have taken note of the UK’s high levels of economically inactive people, including the long-term sick, who are not counted in the unemployment rate as they are not looking for work. Rather than the normal recession pattern of many people looking for work, it has been vacancies that have been at elevated levels during the current recession.\nRead more here\nMonday 11 March 2024 14:27,Victoria Moss\nThe UK shouldn’t try to woo controversial Chinese fast-fashion giant Shein for a potential blockbuster IPO, Victoria Moss writes\nAT the Downing Street tea to mark London Fashion Week’s 40th birthday, Culture Secretary Lucy Frazer emphatically pledged the Government’s support to the industry.\nBut was her colleague Jeremy Hunt listening? In last week’s Budget, the Chancellor pointedly ignored the myriad pleas to ditch the much-loathed “tourist tax”...\nBut Jeremy Hunt does have one eye on the fashion prize. He’s currently aiming to woo hyper-fast fashion megalith Shein to a London IPO (with a potential value of $90billion) over New York.\nWhile it would be a boost to the beleaguered stock market after Brexit, the governmental paean to the Chinese retail giant is a kick in the teeth to UK-based fashion businesses\nRead more here\nMonday 11 March 2024 13:28,Jonathan Prynn\nToday two thick reports landed on the desk of Culture Secretary Lucy Frazer, one from media regulator Ofcom, the other from competition watchdog the CMA.\nOnly she and a handful of officials will know the contents of the tomes — and none of them are talking today.\nThe reports, into the RedBird IMI takeover bid for Telegraph Media Group, were originally commissioned by her in November, when she issued a Public Interest Intervention Notice into the Abu Dhabi ruling family backed offer.\nRead more here\nMonday 11 March 2024 12:58,Daniel O'Boyle\nMusic lovers have been hailing the return of vinyl for many years, claiming the warmer sound quality, the sleeve designs, even the occasional familiar scratch, make it a more enjoyable listening experience than streaming.\nNow it is official. The revival in demand for vinyl records means they are back in the basket of goods that is used by the Office for National Statistics to calculate the rate of inflation for the first time since they were supplanted by CDs and cassettes in 1992.\nVinyl sales peaked in the Eighties but fell to less than one per cent by the late Nineties before the revival began in the Noughties. It is now the most popular physical music format, with cassettes long since removed from the basket.\nRead more here\nMonday 11 March 2024 11:49,Daniel O'Boyle\nOfgem has raised concerns that net zero costs could disproportionately hit lower income customers as it announced it is to examine how to protect households against future price shocks.\nThe regulator said it remained “very concerned” that struggling households had a limited ability to cope with future price shocks.\nAt the same time, the high number of consumers who are locked into debt and repayment plans and the high cost of recovering that debt could have serious consequences for the retail energy sector, it warned.\nRead more here\nMonday 11 March 2024 10:35,Daniel O'Boyle\nTrading of crypto backed assets in London came a step closer today when UK’s financial regulator said it would “not object to requests” made by stock exchanges to list crypto asset-backed notes for trading by professional investors.\nThe Financial Conduct Authority said it would now begin reviewing applications to list the debt instruments, which it banned in 2020.\nBut the FCA said the financial products would not be available to retail customers, as they were “ill-suited… due to the harm they pose”.\nIt comes a week after the Bitcoin price broke the $69,000 record set in November 2021. The coin rose another 4% today to hit a new high of $71,682.\nMonday 11 March 2024 10:29,Daniel O'Boyle\nMore than one million complaints have been submitted by consumers over concerns they may have been overcharged car finance, raising the possibility of major compensation payouts, according to MoneySavingExpert.com.\nConsumer champion Martin Lewis said car finance mis-selling has the potential to be the “second biggest reclaim payout in UK history” after the PPI scandal.\nAbout 1.1 million complaint emails have been sent out through a free tool on the MoneySavingExpert.com website, which was founded by Mr Lewis, amounting to about 30,000 per day.\nRead more here\nMonday 11 March 2024 10:17,Graeme Evans\nStock market uncertainty in a week that features US inflation and retail figures left the FTSE 100 index 13.87 points lower at 7645.87.\nMining stocks weighed on the top flight’s performance as Rio Tinto retreated 118p to 4751.5p and Glencore lost 7.35p to 393.4p.\nAmong the risers, Marks & Spencer rallied 5.5p to 248.3p after RBC analysts upped their price target by 20p to 300p.\nThe retailer’s joint venture partner Ocado also improved 18.5p to 466.9p, while car insurer Admiral put back 90p to 2663p following heavy losses last week.\nThey were joined by Imperial Brands, which rose 47.5p to 1740p after launching the second stage of the £1.1 billion share buyback programme announced in October.\nThe FTSE 250 lost 0.3% or 55.5 points to 19,546.24, with energy stocks Tullow Oil and Harbour Energy both down 2%.\nVirgin Money also drifted further away from Nationwide’s 220p proposed takeover price, down 3p to 210.7p.\nHowever, cyber security business Darktrace maintained its recent progress by adding 9% or 35.7p to 413.1p as the best performing mid-cap stock.\nMonday 11 March 2024 09:46,Simon Hunt\nThe UK’s financial regulator edged a step forward to becoming more supportive of the crypto industry today after it said it would “not object to requests” made by stock exchanges to list cryptoasset-backed notes for trading by professional investors.\nThe Financial Conduct Authority said it would now beginning reviewing applications to list the debt instruments, which it had banned in 2020.\nBut the FCA said the financial products would not be available to retail customers, as they were “ill-suited…due to the harm they pose.”\nIt comes a week after the Bitcoin price rose to an all-time high, breaking the $69,000 record set in November 2021. The coin rose another 4% today to hit $71,750.\nMonday 11 March 2024 09:40,Daniel O'Boyle\nTake a look at today’s market snapshot, as Bitcoin tops the $71,000 mark.\nMonday 11 March 2024 08:50,Graeme Evans\nShares in Currys have fallen 9% or 5.8p to 58.7p after Elliott Advisors walked away, having been unsuccessful with an approach pitched at 67p-a-share.\nOther FTSE All-Share fallers included Vanquis Banking Group, down 38% or 47.5p to 76.7p after a strategy update scaled back 2024 profit guidance.\nThe FTSE 100 index held firm through a fall of just 3.58 points at 7656.16, while the FTSE 250 index retreated by 9.01 points to 19,592.77.\nMarks & Spencer rose 5.9p to 248.7p after RBC analysts upped their price target to 300p, while car insurer Admiral rebounded 4% or 105p to 2678p.\nMining stocks dominated the FTSE 100 fallers board, led by Rio Tinto’s decline of 87p to 4782.5p. Rolls-Royce also reversed 6.4p to 380p.\nMonday 11 March 2024 08:28,Daniel O'Boyle\nSpecialist lender Vanquis has warned over a hit to full-year profits after seeing a surge in claims over motor finance deals.\nThe group said that while it is not part of Financial Conduct Authority (FCA) investigations in motor financing, it has seen “significant levels of third-party complaint submissions”.\nIt cautioned that even though the “vast majority” of complaints are not upheld, rising costs of reviewing them will “materially” impact profits.\nShares in Vanquis are down 33% today.\nRead more here\nMonday 11 March 2024 07:58,Daniel O'Boyle\nWest End mega-landlord Shaftesbury Capital has bought some of London’s highest-footfall retail space, on James Street in Covent Garden, for £75.1 million.\nThe properties, 25-31 James Street, are located between the Covent Garden tube station and the Piazza. They include 12,000 square feet of retail space and 9,000 square feet of office and residential space.\nShaftesbury Capital, created through the merger of Shaftesbury and CapCo last year, said: “This acquisition presents asset management and rental growth opportunities as well as complementing our existing ownership on James Street, a prime retail street and key gateway into the Covent Garden Piazza.\nMonday 11 March 2024 07:30,Simon Hunt\nAIM-listed telecoms business LoopUp has become the latest firm to announce plans to depart the London stock market.\nThe multinational cloud telephony provider said it was seeking new funding but that it didn’t think the public markets would help its efforts.\nSteve Flavell and Michael Hughes, co-CEOs said: “The priority for us now is to ensure we have the right funding to continue this growth and deliver on our potential. We have exhaustively explored all options to arrive at today’s announcement, with the board unanimously concluding that this proposal to de-list and conduct a private fundraising is in the best interests of the group and of our shareholders as a whole.\n“At this stage in our growth journey, taking the business private will provide us with the flexibility to invest in our future growth, underpinned by a significant near-term cash injection that certain private investors stand ready to make and a medium-term pathway to venture and private equity sponsorship.”\nMonday 11 March 2024 07:29,Jonathan Prynn\nHeathrow had its busiest ever February last month when 5.8 passengers flew through the west London hub.\nThe figure was boosted by the extra day of the Leap Year and by a record half term getaway with two thirds of travellers heading somewhere warm during the long British winter\nHeathrow CEO, Thomas Woldbye, said:“It was wonderful to welcome so many passengers for the first holiday peak of 2024, setting a new Heathrow record.\n“While we are serving more people, visitors to the UK are spending less since the removal of tax-free shopping, impacting businesses across the country. The Spring Budget was a missed opportunity to give the whole tourism, hospitality and retail sector the support it needs to compete internationally.”\nMonday 11 March 2024 07:29,Michael Hunter\nOne of the bidders for Currys said today that it will not be bidding for the UK’s biggest electrical goods retailers.\nElliott, the US investment group, hit out at Currys board as it dropped the bid.\nCurrys became the target of a potential bid battle last month when the activist investor approached the FTSE 250 firm with a £700 million offer, priced at 62p per share\nThen Chinese retailer JD.com joined the fray, sending Currys shares sharply higher even though no price was mentioned.\nElliott said today:\n“Following multiple attempts to engage with Currys' Board, all of which were rejected, it is not in an informed position to make an improved offer for Currys on the basis of the public information available to it.\n“Elliott therefore confirms it does not intend to make an offer for Currys.”\nMonday 11 March 2024 07:24,Daniel O'Boyle\nAdTech business BidStack, once worth more than £80 million, is set to collapse into administration.\nThe business, which helped to place advertisements inside video games, has struggled in the past year amid a legal dispute with a partner and a wider downturn for any businesses in the video game sector.\nIt launched a strategic review to find extra cash last month, but said it had failed to get the funding needed.\nThe firm will suspend trading in its shares from today.\nMonday 11 March 2024 07:20,Graeme Evans\nTokyo’s Nikkei 225 slumped on Monday after GDP figures fuelled expectations that the Bank of Japan may soon end its negative interest rate policy.\nThe country’s economy avoided recession after expansion of 0.4% in 2023’s fourth quarter, compared with the previous estimate for a 0.4% contraction.\nSpeculation that this may prompt Japan’s central bank to raise interest rates as soon as this month boosted the yen and weighed on leading stocks.\nThe Nikkei traded above 40,000 for the first time last week but fell 2.2% in today’s session. Elsewhere in Asia, the Shanghai Composite rose 0.7% and Hong Kong’s Hang Seng index lifted by 1.3%.\nThe impact of Friday’s weak finish on Wall Street, amid heavy selling for shares in semiconductor giant Nvidia, means the FTSE 100 index is expected to open about 24 points lower at 7635.\nMonday 11 March 2024 06:48,Simon Hunt\nGood morning from the Standard City desk.\nIn some ways there is something almost comically haphazard about the acquisition strategy of Frasers Group, the retail giant founded by Mike Ashley and best known for Sports Direct.\nAshley, a brusque bruiser with as little interest in what the public thinks of him as he appears to have for salad, handed day-to-day control of his empire to his son-in-law Michael Murray a while ago.\nHis recent deals include the purchase of Wiggle bikes for £10million and Matches, just last year for £52 million.\nAshley appears to have a relaxed attitude to this seemingly scatter-gun approach — some deals work, some don’t — and perhaps you’d feel the same if you were worth £4 billion.\nBut after thecollapse of Matches revealed on Friday,it just looks like a bad bet. Given the state of the retail sector — online and on the high street — perhaps we should be thankful Murray has licence to play about with his father-inlaws’ money. If you are a struggling retailer — most of them are — its Frasers Group, Next, or bust.\nIt is to be hoped that Murray and Ashley keep playing retail roulette and land on a winning number once in a while. Retail entrepreneurs across the UK are counting on it.\nHere’s a summary of our other top stories from Friday:\n• More than £10 billion set to depart the London Stock Exchange in a weekafter quoted wealth manager Mattioli Woods receives £432 million takeover offer from price equity firm\n• BP hands new CEO Murray Auchincloss £8 millionafter predecessor Looney's shock exit\n• DS Smith shares lift after Mondi takeover deal agreed\n• And...How best to get long-term shareholder return? You might be better off with a woman CEO", 'For crypto investors, this might come as a surprise: Approximately one-quarter of all cryptocurrencies ranked in the top 50 by market capitalization are trading for less than $1. And that\'s despite the backdrop of a roaring crypto bull market powered byBitcoin(CRYPTO: BTC), which is hitting new all-time highs.\nWhile there might seem to be a relatively large pool of potential cryptocurrencies that could hit the $1 mark by the end of this year, there are only two that I think have a realistic shot of doing so:Cardano(CRYPTO: ADA)andXRP(CRYPTO: XRP). Both are up more than 25% over the past 30 days, and both rank among the top 10 cryptos by market cap. Let\'s take a closer look.\nThis was supposed to be the year forCardano, which is a rival toEthereum(CRYPTO: ETH)in the Layer-1 blockchain market. Essentially, anything Ethereum can offer on its core blockchain, Cardano also can. That includes everything from non-fungible tokens (NFTs) and blockchain gaming to Web3 applications anddecentralized finance(DeFi).\nBuoyed by recent successes in the DeFi market, Cardano was supposed to make a major leap forward in 2024. To some extent, that has been true. Network activity on the Cardano blockchain is showing signs of growth, and key DeFi metrics such as total value locked (TVL) are showing signs of improvement.\nThe problem, quite simply, is that Cardano had previously acquired the reputation of a blockchain where nothing much ever happens. That\'s due in part to its slow, steady, and academic approach to blockchain development, where every new update, tweak, or upgrade seems to take forever. As a result, Cardano is not on the radar of many institutional investors and has never traded higher than $3.\nBut guess what? Slow and steady might win the race. Over the past 30 days, Cardano is up 50%, and is now up 25% year to date. At its current price of $0.71, it won\'t take much to send Cardano past the $1 mark.\nXRP (formerly known as Ripple) seems to be another crypto on the verge of a major breakout. Currently trading around $0.63, it has been trading under $1 for much of the past two years.\nThe crypto briefly hit $0.95 last summer, but continues to be dogged by concerns over a still-unresolved Securities and Exchange Commission lawsuit that was filed in 2020. As long as there is no resolution on this, XRP will likely be unable to cross $1.\nBut what if there is some sort of resolution in 2024, as many are now expecting? That could be enough to send the crypto soaring. After all, it has a large and loyal investor base ("the XRP Army") that is ready to support it. A full lifting of the dark clouds currently hovering over it could open up the door to more exciting prospects.\nFor example, some investors are now speculating that XRP might get its own spot exchange-traded fund (ETF), much like the new spot Bitcoin ETFs. That sounds like a long shot to me, but if it does happen, XRP shouldn\'t have any problem surpassing $1.\nAs noted above, a whopping one-quarter of all cryptocurrencies ranked in the top 50 by market cap are trading below $1 right now. So which cryptocurrencies are not on my list? Two of them,Dogecoin(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB), are meme coins with no realistic shot at hitting $1. Dogecoin has existed for more than a decade, and has never hit this price level, so why should 2024 be any different?\nAnd then there\'s a hodgepodge of everything else. There are a couple of third-tier Layer-1 blockchains with no real chance of ever challenging leader Ethereum. There are also crypto tokens trying to leverage the hype around concepts like Web3 and artificial intelligence, a frog-themed meme coin, and a few holdovers from the previous crypto bull market.\nThat\'s why I\'ve focused on Cardano and XRP. While neither might be a household name to the average investor, they are both well-known to longtime crypto investors. More importantly, both provide real-world utility. At one time or another, both were supposed to soar in value, but have never fulfilled their early promise.\nWhile there\'s obviously significant risk in investing in any crypto trading for less than $1, Cardano and XRP are the ones that I feel most comfortable recommending to other investors.\nShould you invest $1,000 in Cardano right now?\nBefore you buy stock in Cardano, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Cardano wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin, Cardano, and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and XRP. The Motley Fool has adisclosure policy.\nA Crypto Bull Market Is Coming: 2 Cryptocurrencies That Could Hit $1 in 2024was originally published by The Motley Fool', '• The Crypto Open Patent Alliance and Craig Wright will present their closing statements in the trial to find out if Wright is Satoshi.\n• Justice James Mellor has not yet said when his decision will be out.\n• The results of the identity case against Wright could have implications on other ongoing cases.\nThis week attorneys representing bitcoin developers and the Crypto Open Patent Alliance (COPA), an organization that says it isfighting for "freedom from threats"on crypto technology, will tell a judge that Craig S. Wright is not, in fact, Bitcoin creator Satoshi Nakamoto. Wright,who declared he was Nakamoto in 2016, will close his case arguing he did create what is now the world\'s largest and most valuable cryptocurrency.\nThe closing arguments will wrap up a month-long trial brought by COPA, which seeks to prove Wright isn\'t Nakamoto and deny him the ability to claim copyrights or sue under the name Nakamoto again. If Wright succeeds, he\'ll have a huge leg up in other cases he has against exchanges Coinbase, Kraken and others.\nCOPA, which is backed by industry heavyweights like Twitter founder Jack Dorsey, Coinbase and Microstrategy, filed to take Wright to court in 2021. During the trial, which began Feb. 5, COPA\'s attorneys from the law firm Bird and Bird tried to prove that Wright forged evidence supporting his claim to be Nakamoto and that Wright did not have the knowledge or expertise to create bitcoin.\n"We got into this for developers, we want to make sure that developers feel like they can develop without being threatened for the very act of helping to improve and iterate on bitcoin," a COPA spokesperson said.\nCOPA\'s team will present its closing argument on Tuesday.\nDuring Wright\'s time on the stand so far, Wright and his supporting witnesses sharedan anecdote about a ninjaand acknowledgements that certain pieces of evidencewere edited recently.\nWright has a separate active lawsuit in the U.K. against a group of bitcoindevelopers, and has previously fought to gain sole intellectual property rights to thebitcoin whitepaper, because he believes that he is Nakamoto and that no other entity should host the paper. His team will present its closing argument on the identity case on Wednesday, and COPA will have a chance to rebut on Friday.\nRead more: Opinion \|Time to End Craig Wright’s Harassment Campaign Against Bitcoin Devs\nFebruary\'s trial is just the first part of the overall case, a COPA spokesperson told CoinDesk.\n"The first phase is, \'is Dr. Wright Satoshi Nakamoto?\' If he\'s not, then it\'s over. And maybe he could consider whether he\'s going to appeal," the spokesperson said.\nIf Wright does not mount an appeal, COPA will seek aninjunctive relief– which is a legal remedy that can require a defendant to stop doing something.\n"It would seek to stop him from claiming to be Satoshi Nakamoto again, it would seek to stop him from asserting authorship of the bitcoin white paper, and it would seek various other remedies to try and sort of avoid him continuing to wage a war of litigation against developers and individuals on the basis of him being Satoshi Nakamoto," the spokesperson said.\nIf Wright is not Nakamoto, then he does not have database rights in the bitcoin blockchain and he doesn\'t have file format rights in the bitcoin file format "and it also follows that he doesn\'t have standing to sue for… something that isn\'t his," a COPA spokesperson alleged.\nPresiding judge Justice James Mellor hastwo more cases to oversee– ones filed by Wright against several prominent crypto firms. Mellor decided to suspend those cases because their outcome depends on whether or not Wright is Satoshi, COPA said.\n"Justice Mellor recognizes there is efficiency to figuring out that identity issue first before moving forward with anything else," a COPA spokesperson said.\nOne case that’s being held up is what COPA calls the "database rights case". Wright filed a suit against crypto exchange Coinbase, Dorsey’s the Block, open-source software BTC Core and a number of other individuals, saying that he has database rights to Last 60 Days of Bitcoin's Closing Prices: [42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-12 Financial & Commodity Data: - Gold Closing Price: $2160.40 - Crude Oil Closing Price: $77.56 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,414,829,687,700 - Hash Rate: 556184503.3635911 - Transaction Count: 341867.0 - Unique Addresses: 677201.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Bitcoin fell below $40,000 for the first time since early December as enthusiasm over the launch of exchange traded funds that directly invest in the largest cryptocurrency ebbs. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom China Weighs Stock Market Rescue Package Backed by $278 Billion Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout The digital currency token fell as much as 5.3% to $39556 as of 2:42 pm in New York on Monday. Thats the lowest since Dec. 4. Smaller tokens like Ether and Solana were down 6.7% and 9.3% respectively. Digital tokens have mostly been on a downward trajectory so far this year after an intense bull-run which saw Bitcoin rising by nearly 160% in 2023, outpacing gold and stocks. Much of that rally was attributed to anticipation of the Securities and Exchange Commission approving launch of spot Bitcoin ETFs in the US. It did so on Jan. 10, allowing almost a dozen issuers to offer spot BTC ETFs. Markets started giving up some of the gains after the SECs decision as a sell-the-news trade. Read more: What Are These New Bitcoin ETFs and How Do They Work?: QuickTake The declines were in stark contrast to positive performance elsewhere, with global equities advancing on Monday. Europes STOXX index rose 0.7% while Nasdaq 100 up 0.2%, as investors remained optimistic about the US economys resilience ahead of fourth-quarter GDP data on Thursday. We are seeing weakness across all digital assets, as new ETF inflows have so far failed to offset profit-taking by speculative traders on positions put on prior to the announcement, said Caroline Mauron, chef executive of digital-asset derivatives liquidity provider Orbit Markets. While $40,000 might be an important psychological level, we dont expect a break through to trigger a cascade of liquidation here, and see the next support level around $38,000. Story continues The first week of trading for spot Bitcoin ETFs in the US saw about $6.5 billion in shares change hands, according to a Bloomberg Intelligence note on Friday, much higher than recorded in ETFs pegged to traditional assets. Market sentiment has slowed down after the ETF listings for certain, and the use of leverage continues to trend lower indicating cautious positions being opened by traders, Fadi Aboualfa, head of research at Copper Technologies Ltd., said in an email. Things are shaping up to be very interesting. --With assistance from Suvashree Ghosh. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japans Market Roars Back to LifeWith Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/InevitableNetwork230', 'Gemini to clarify return of assets and meaning of appreciation', 20, '2024-03-12 00:14', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', 'We need explanation from Gemini. Our pending balance is according to the date we moved to withdraw our funds. They do not reflect the interest that should have been paid. Genesis filled for bankruptcy on Jan 20 2023. So our pending balance should at minimum include that portion.\n\nInterest until bankruptcy \\~ 1.4% if you filled early November.\n\nAccounting to the date of this post, we should have gotten 10% interest. Gemini said the put 100M of their money, and my understanding is that Genesis is returning 100% back. We should get the interest appreciation of our funds.\n\nIt is unclear if their post mean we will get our total fund with their appreciation (1BTC -> 1BTC, 1USD -> 1USD), or we will get the total funds plus the interest appreciation (1BTC -> 1.10BTC, 1USD -> 1.10USD)', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', '1bchnh2', [['u/Business-Nail6885', 17, '2024-03-12 00:48', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kug32su/', "Whatever your pending redemption says includes any interest that you have earned. That is how much you're going to get back. They haven't mentioned anything about retro interest so I'm not expecting it. Appreciations is on your coins. If they are more valuable now than they were when they were taken hostage by Barry Shitbert and the gang, then when you get them back you can sell them for the current market price and that upside is your appreciation. No one can take that from you since we should getting reimbursed in kind. So if you have one Bitcoin coin you get .97 back in a few months and .03 back in another year.", '1bchnh2'], ['u/Anti-Hypertensive', 54, '2024-03-12 01:54', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kugdk7w/', "I'm of the mindset that we are lucky to even be getting a portion of our assets back, let alone what amounts to 100% over the next year. This is one of those situations where I just want my money back and to move on from this.", '1bchnh2']]], ['u/meowmeowdj', 'Our BTC HODL alone is now worth more than our entire market cap', 37, '2024-03-12 00:16', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', "9,110 BTC Value = $662.75 M\n\nHUT 8 Market Cap = $629.86\u202fM\u202c\n\nHODL Value = 105% of the company's value\n\nDo with this information as you please. I for one, am backing the truck up.", 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', '1bchpko', [['u/Theflyingdutchman85', 20, '2024-03-12 00:24', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kufzb2k/', 'I like the stock', '1bchpko'], ['u/Double_Flamingo_4304', 10, '2024-03-12 01:22', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kug8aty/', 'Great time to buy at current prices imo, but what the fuck do I know.', '1bchpko'], ['u/Selfadvisor2023', 13, '2024-03-12 02:30', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugjdp3/', 'The reason why hodl value > marketcap is the debt, you have to add it to the marketcap or reduce the hodl value with the debt amount. As per what I found it is arround 150millions USD, may be more and with the existing mining machines, not sure if we can have profitability. The 2 previous annoncement of 3,5 EXH in texas and closing of drumhealler site are good to stop losses. Even if they are moving existing machines that’s better than nothing and they have no choice to invest in new sites and buy ne machines in the comming months. Just my opinion, at the current price, it is the best minner to buy.', '1bchpko'], ['u/r66yprometheus', 10, '2024-03-12 02:34', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugk1u4/', "Once we see the market value of btc on our quarterly, we'll start to see some movement.", '1bchpko']]], ['u/nalydnalydnalyd', 'Are we thinking ETH will bounce off of its ATH in the same way Bitcoin did?', 26, '2024-03-12 00:17', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', 'Bitcoin hit a massive sell wall at its previous ATH and dipped around 7% shortly after last week. Is it a good possibility ETH will do the same around the $4700 mark?', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', '1bchq7f', [['u/rundown03', 11, '2024-03-12 00:38', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug1hov/', "Wait untill Dencun update hits. It's gonna go through the roof.", '1bchq7f'], ['u/Kappatalizable', 13, '2024-03-12 00:58', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug4il2/', 'People will take profits and thats expected. We might take a few tries to break it like BTC did...', '1bchq7f'], ['u/Friendly-Airline2426', 25, '2024-03-12 01:06', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug5wpu/', 'Tech upgrades rarely have a direct impact on the price, though.\n\nBut I guess there’s always a first time.', '1bchq7f']]], ['u/Infamous_Bee_7445', 'I’ve made 400k in the last week on BTC, AMA', 55, '2024-03-12 00:46', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', 'As title states, through a series of extremely fortunate trades and timing the market, I’ve turned a mere $45k into $400k+ and counting. AMA!', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', '1bcifrt', [['u/Skillet918', 18, '2024-03-12 00:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug3r1g/', 'Neat', '1bcifrt'], ['u/Jacobinister', 14, '2024-03-12 00:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4el6/', 'If after several hundreds of years of maintenance each individual piece of a ship was replaced, one after the other, is it still the same ship?', '1bcifrt'], ['u/Skillet918', 19, '2024-03-12 00:58', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4k8v/', 'lol are you for real a mod for a sub dedicated to Apple vision porn?\xa0', '1bcifrt'], ['u/i-can-sleep-for-days', 37, '2024-03-12 00:59', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4s7c/', 'So you gambled? The price didn’t go up 10x last week so you must have leveraged.\n\nThen you come here and gloat because of survivor bias? There are also lots out there that lost just as much on bitcoin then.\n\nAlso, proof or ban. \n\nAlso, unless you sold, paper gains don’t count.', '1bcifrt'], ['u/Infamous_Bee_7445', 60, '2024-03-12 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5309/', 'I leveraged yes! I was able to get 4x on coinbase by showing them equity in my family’s home. I have not been able to sell yet, due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)', '1bcifrt'], ['u/Skillet918', 57, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5lx2/', 'Damn you had me till this post, now I’m on to you.\xa0', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5ly9/', 'You put your home equity up as collateral for a leveraged market bet?\n\nIf your risk tolerance is that high you can make a lot more than 10x gains gambling on options.', '1bcifrt'], ['u/Fictional-adult', 13, '2024-03-12 01:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5qoc/', '>\xa0due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)\n\nWait, now I really can’t tell if you’re actually just making fun of crypto. Is this actually just a meta troll?', '1bcifrt'], ['u/Infamous_Bee_7445', 31, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7in5/', 'Yes my wife is upset since if it goes wrong my two young kids and her will be on the street or in a generally shittier situation if nothing else, but I’ve told her I can’t possibly stand for them to live in the world where existing fiat currencies exist I’d rather have no house lol', '1bcifrt'], ['u/Golfman74', 27, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7n11/', 'This is perhaps the funniest thing I’ve read in a while LMAO. The gloat of winning with the nervous awkwardness of the reality of not being able to access said winnings.', '1bcifrt'], ['u/muff-muncher-420', 10, '2024-03-12 01:18', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7pj2/', 'Nice. Love how you’ve rolled recent crypto events into the troll. Top shelf', '1bcifrt'], ['u/Infamous_Bee_7445', 10, '2024-03-12 01:25', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug8tfg/', 'Hi there! I think it’s important to provide evidence. Far to easy for people to make outlandish claims, so here you [go](https://images1.penguinrandomhouse.com/cover/9780593443811)', '1bcifrt'], ['u/Infamous_Bee_7445', 33, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug92w7/', 'It’s okay, coinbase support assured me the request is in their queue I have nothing to worry about!', '1bcifrt'], ['u/Infamous_Bee_7445', 28, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9807/', 'The only trolls will be those living under the bridge while us crypto billionaires are living in shelter that will exist solely for HODLERS', '1bcifrt'], ['u/TheAnalogKoala', 74, '2024-03-12 01:27', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug986r/', 'Good satire! /s is for pussies.', '1bcifrt'], ['u/SinibusUSG', 18, '2024-03-12 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9jgd/', 'Yeah, too much bait at once.\xa0', '1bcifrt'], ['u/Malfrum', 23, '2024-03-12 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug9mk6/', 'A+ troll haha, well done', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugafdf/', 'Ahhh got me well played. 11/10', '1bcifrt'], ['u/Love_Sausage', 32, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugb47u/', 'I’m surprised how many heads this post went over 😂', '1bcifrt'], ['u/Infamous_Bee_7445', 11, '2024-03-12 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugbx0t/', 'I’m a family man and those days are sadly behind me. I do hire hookers out of compassion now, as they are hard working women/men, and I pay them .000001 BTC for them to watch me pee. It’s good to get the coins into broader distribution markets.', '1bcifrt'], ['u/noisheypoo', 11, '2024-03-12 02:00', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugeicf/', 'how can folks downvote this im loving it', '1bcifrt'], ['u/noisheypoo', 10, '2024-03-12 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugetsw/', "Back in the day this wouldn't have happened, I blame the young whippersnappers who've joined only in the last 5 years or so!", '1bcifrt'], ['u/Love_Sausage', 19, '2024-03-12 02:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugf5qq/', 'I don’t fully blame them. The world we now live in is so increasingly ridiculous and absurd that satire is nearly indistinguishable from truth.', '1bcifrt'], ['u/Infamous_Bee_7445', 17, '2024-03-12 03:16', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kugqiv7/', 'Ok u can ask. Currently looking at YouTube vids on how to tie a noose.', '1bcifrt']]], ['u/ztrz55', 'Genuine thanks from a bitcoiner', 112, '2024-03-12 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/', "Ok. Ok. Don't just downvote me. \n\nI truly appreciate this sub for news and opinions you can't get elsewhere. \n\nThe other subs are definitely echo chambers. At least I can count on coming here and finding the worst news.", 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/', '1bcihn7', [['u/Potential-Coat-7233', 27, '2024-03-12 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug41h3/', 'Good luck out there.', '1bcihn7'], ['u/ImpressiveAd699', 27, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug5j5v/', 'You might get downvoted due to being a bitcoiner. This sub has a vast knowledge in this subject and yet you seem to wilfully participate in it, knowing all the damage it does to society. \n\nMaybe the allure of number go up is too strong or maybe you believe you can dump it on someone else before it all collapses. Either way, there is nothing of value to society. You might profit, but someone else loses and then all the other net negative of damaging our world we all live in. \n \nWhile you are here though, outside of the echo chamber, negative news isn’t the only thing you’ll find here. Enjoy the comedy godl from your delusional peers', '1bcihn7'], ['u/postmath_', 15, '2024-03-12 01:14', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug73hp/', "He is also delusional.\n\nActually those who read this sub and still don't understand crypto are the most delusional.", '1bcihn7'], ['u/greenandycanehoused', 11, '2024-03-12 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug8y2s/', 'From an article, but perfect:\n\n“Cisco therefore illustrates the defining feature of bubbles. They inflate when investors buy assets at prices that are entirely unmoored from economic fundamentals such as supply and demand or future cash flows. The question of what the asset is “worth” goes out the window; all that matters is whether it can later be sold for more. That in turn depends on how many people the speculative frenzy can pull in and how long it can last—in other words, on just how mad the crowd becomes. Once buyers run out, the craze dissipates and there is nothing holding prices up. Predicting the size of the subsequent fall is as much of a fool’s game as trying to time the top.”', '1bcihn7'], ['u/ImpressiveAd699', 11, '2024-03-12 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kug9iwq/', 'We can present as many evidence backed facts as much as we want, but the emotional benefit of a potential profit will just drown it out.', '1bcihn7'], ['u/lucifer4you', 65, '2024-03-12 01:35', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugaeop/', "Yeah I've gotten some good details on various concerns I have on BTC here (specifically tether correspondence). The trick to being in this sub as a 'buttcoiner' is to not be a dick. Or a missionary. Just listen and ask questions that are legit and aren't agendized.", '1bcihn7'], ['u/itchy_buthole', 18, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugb4ub/', 'Agreed', '1bcihn7'], ['u/greenandycanehoused', 11, '2024-03-12 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugd7l8/', '“Burst and then recover”? That’s not what happened. It’s just been a pump and dump with a number of cycles, so far. We haven’t seen the bubble actually burst yet. The burst bubble part, where it truly becomes like nfts and beanie babies, that will be unmistakable', '1bcihn7'], ['u/MuckFedditRods', 19, '2024-03-12 01:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugdb9k/', "It's not really a news sub though, this is a comedy sub, you can't expect people that are here without any financial incentive to be a true counterbalance to people who have a financial incentive to speak favourly about it.", '1bcihn7'], ['u/diffident55', 13, '2024-03-12 02:42', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kuglamh/', 'Scams, ransomware, and organized crime are good for bitcoin (and society)', '1bcihn7'], ['u/LeDudeDeMontreal', 12, '2024-03-12 02:49', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugmey4/', 'Also wasting electricity, often made from non renewable green house has emitting sources, to power the most inefficient apend only list ever created.', '1bcihn7'], ['u/unmondeparfait', 12, '2024-03-12 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcihn7/genuine_thanks_from_a_bitcoiner/kugmzml/', 'Not just "wasting electricity", wasting a shitload of electricity for no real reason.\n\nSatoshi was such a fucking idiot. Future of finance my ass.', '1bcihn7']]], ['u/Medium-Twist-2447', 'How do I combat the urge to put all my money into bitcoin at once?', 35, '2024-03-12 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/', "I'm feeling guilty about not putting enough money into bitcoin, and it makes me feel like I should put all my money into it as soon as possible, how do I combat this feeling?", 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/', '1bcil2l', [['u/_Rem_Lezar69_', 93, '2024-03-12 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kug49ox/', 'Go masturbate', '1bcil2l'], ['u/Pattywill', 36, '2024-03-12 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuga2xf/', 'What else is there to do for the remaining 23 hours, 59 minutes and 30 seconds left in the day?', '1bcil2l'], ['u/joel8x', 24, '2024-03-12 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugep8k/', 'Put as much as you can afford to live without.', '1bcil2l'], ['u/CupHead11011', 44, '2024-03-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kughvkl/', "You have to realize how stupid you sound. Bitcoin has been at $20000, 30000 for months and months and months. And now that it's at all time highs you want to put all of your money into it. What has changed for you, do you like just paying more to get less. It's not just with Bitcoin, this happens with all assets, people don't want this stock or that real estate until it's doubled or tripled in price now all the sudden they want it, you don't want it you want those gains that you have missed.", '1bcil2l'], ['u/wtfRMALLENBY4', 21, '2024-03-12 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuglnq8/', 'Unless of course it goes to $1,000,000.00 in three years and then your scenario isn’t helpful.', '1bcil2l'], ['u/Normal-Jelly607', 14, '2024-03-12 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugmaqq/', 'Putting all money in at 10k there would have been a good thing though?', '1bcil2l'], ['u/Miserable_Twist1', 20, '2024-03-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kugneyw/', 'Staggering to see how many people think we are either near the top or late into the bull market. Usually reclaiming the last ATH is a signal that we are at the start of the bull run.\n\n\nI get it, people could have made a shit ton of money if they picked the bottom and loaded up, but no one does. The mania always picks up after the ATH and this time is no different, still plenty of room for a 3x or more depending on the level of institutional/Wall Street interest this cycle.', '1bcil2l'], ['u/theothersidex', 13, '2024-03-12 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bcil2l/how_do_i_combat_the_urge_to_put_all_my_money_into/kuh1i0v/', 'This is uncharted territory. Has it ever reached an ATH this fast a month before the halving? This is just the beginning imo, and we’ll see the true ATH of this cycle about 12~16 months after the halving.', '1bcil2l']]], ['u/dwarhasbegun', 'BTC soars above record high 72k USD', 132, '2024-03-12 01:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/', "[Link to article](https://finance.yahoo.com/video/bitcoin-soars-above-record-72k-154228609.html?guccounter=1#:~:text=Bitcoin%20(BTC%2DUSD)%20breaks,Grayscale's%20Bitcoin%20Trust%20(GBTC).)\n\nThoughts?", 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/', '1bcj2jx', [['u/WarningRepulsive8013', 39, '2024-03-12 01:31', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kug9tyx/', 'Goes to show how arbitrary crypto is', '1bcj2jx'], ['u/ConstantEnigma21', 108, '2024-03-12 01:37', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugaqvr/', 'Believed in crypto when it was down, now i got my new land cruiser fully paid', '1bcj2jx'], ['u/dwarhasbegun', 21, '2024-03-12 01:45', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugc3x1/', 'Did you invest during the period of Extreme Fear? Kudos to you sir.', '1bcj2jx'], ['u/Top-Willingness6963', 17, '2024-03-12 01:57', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugdzae/', 'Except that governments have been able to confiscate it', '1bcj2jx'], ['u/HomeOwner555', 15, '2024-03-12 02:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugglxh/', 'They can seize Crypto thru a process called “forfeiture”; although they can only do this if you engage in alleged illegal activities.\n\nHo Wan Kwok being one of the more prolific that got caught. \n\nIf the government can legally confiscate your gold, land, and even money, Crypto is not an exception.\n\nI love crypto but it shouldn’t be treated like an invincible asset.', '1bcj2jx'], ['u/Akeamegi', 46, '2024-03-12 02:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kughmxe/', "not BTC, but sold my ETH after doubling my capital. After that, parang out muna ako sa crypto, it's too wild for me.", '1bcj2jx'], ['u/PompousForkHammer', 50, '2024-03-12 02:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kughpqp/', "This hahahaha! Pag nagtatanong na friends/family mo about crypto again it's time to sell na", '1bcj2jx'], ['u/wannastock', 32, '2024-03-12 04:13', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugygyw/', 'Bull runs will always be followed by a crash at some point. Rinse. Repeat.', '1bcj2jx'], ['u/Ok_Marketing7015', 11, '2024-03-12 04:20', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kugzfck/', 'Never ever chase the bull', '1bcj2jx'], ['u/Super_Rawr', 12, '2024-03-12 05:21', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kuh6ydi/', 'Got some small profits as well, money is money. \nNgayon waiting game ulet kelan best time to go back in.', '1bcj2jx'], ['u/skupals', 10, '2024-03-12 10:03', 'https://www.reddit.com/r/phinvest/comments/1bcj2jx/btc_soars_above_record_high_72k_usd/kuhvmj3/', 'Everything is arbitrary bro, even the fiat you own.', '1bcj2jx']]], ['u/NutlessButterSquash', 'No Shit Sherlock...', 48, '2024-03-12 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/', "At least they are somewhat self aware...but still a bit far from it. It's funny how I was just talking about how little the outside world cares about BTC in another post.", 'https://i.redd.it/xa8jzdrwssnc1.jpeg', '1bcjgqr', [['u/as_1089', 53, '2024-03-12 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugb1ww/', "I think a large amount of people not caring is due to the fact that cryptocurrencies are now associated with scams, and no amount of bullshit and spin about the future of money can fix that. Perhaps it's not just 'not caring' but actively wanting to avoid Bitcoin after dipping their toes in the water and nearly losing one to a pirahna.", '1bcjgqr'], ['u/noisheypoo', 38, '2024-03-12 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugdzft/', "I haven't heard anyone, not even Uber drivers, talk about crypto in the last year. Not one single utterance even from a passerby or in an area with groups of people. The only chatter about crypto is the perpetually online creepto ppl pushing their gospel.", '1bcjgqr'], ['u/ZoidsFanatic', 47, '2024-03-12 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugfqzj/', '> Knowledge of how the current system is fucking us.\n\nA.K.A “why can’t I be a billionaire by doing nothing”.\n\nThat said does our current financial system have issues? Absolutely. Would crypto fix any of them? Absolutely not. It makes things worse, in fact! But butters don’t particularly care about that fact. They just want to be the ones at the top of the financial system, not actually trying to solve anything.', '1bcjgqr'], ['u/borald_trumperson', 17, '2024-03-12 02:19', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kughlt4/', 'These guys just like, totally get Plato.', '1bcjgqr'], ['u/NarrowBat4405', 18, '2024-03-12 02:26', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugiome/', 'Crypto has been associated to scams since always, maybe because of silkroad. Since 2017 when I knew crypto the first time I heard someone say "isn\'t that the thing that\'s used only for scams"?', '1bcjgqr'], ['u/kcarmstrong', 13, '2024-03-12 03:44', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kugukk4/', 'Same. You’d think that would be an obvious tell to them that the demand driving up the price isn’t really and that they are being manipulated. Unfortunately, many of them will need to learn the hard way', '1bcjgqr'], ['u/Newbrood2000', 21, '2024-03-12 06:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuhbql5/', "I think millennials and younger might know it for that but thanks to SBF and FTX now even my 70 year old parents know it's for scams because of the coverage that case got worldwide.", '1bcjgqr'], ['u/Vlad_Dracul89', 14, '2024-03-12 07:43', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuhkm8x/', 'Ah yes, classic "it\'s still early", my favourite.✌️', '1bcjgqr'], ['u/You_Paid_For_This', 15, '2024-03-12 15:24', 'https://www.reddit.com/r/Buttcoin/comments/1bcjgqr/no_shit_sherlock/kuiwbti/', 'All thumbs are fingers, but not all fingers are thumbs.\n\nAll poodles are dogs, not all dogs are poodles.\n\nAll bitcoin is crypto, not all crypto is bitcoin.', '1bcjgqr']]], ['u/samurai0', 'Bitcoin Super Cycle', 26, '2024-03-12 01:47', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/', "This is an update, as requested. We've now broken above the previous high at 69K and it very much looks like this is an appropriate model. The real supply/demand crunch doesn't start until the halving. Already the buy to sell pressure is roughly 10 to one, that becomes 20 to one at the halving if the pressure from the ETFs continues, and if you listen to Kathy Wood, that pressure is set to increase as well with funds only starting to be allowed to make allocations in the coming months. \n\nRetail is still missing out, and it is very large buyers who continue to move the market, interestingly in the middle of the night (US time). That being said, even if this is the super cycle I wouldn't doubt if we see a double top cycle similar to 2013 with this first parabolic move becoming unsustainable. The Pi cycle indicator was excellent at determining that top in 2013, and will be what I'm primarily using for any similar mid-cycle tops. I'd be happy to make those updates if requested. \n\nhttps://preview.redd.it/yes9etwhusnc1.png?width=3063&format=png&auto=webp&s=7abfde9715c20e70236f31154be0091600d0ce75", 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/', '1bcjtuo', [['u/speedingmedicine', 16, '2024-03-12 01:50', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugcs5s/', 'My BTC has been performing well but my MSTR holdings went parabolic.', '1bcjtuo'], ['u/samurai0', 13, '2024-03-12 01:52', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugd6gk/', 'something I found earlier today. \n\nhttps://preview.redd.it/tzc5nu5swsnc1.jpeg?width=1200&format=pjpg&auto=webp&s=ad5572f6fc440b7b63d409eaf442417450dda398', '1bcjtuo'], ['u/Norap58', 13, '2024-03-12 02:02', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugeqkm/', 'Brother, Cathy Wood😳\nSeriously', '1bcjtuo'], ['u/Lerched', 10, '2024-03-12 02:24', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugia08/', 'It’s been 1020 seconds', '1bcjtuo'], ['u/samurai0', 17, '2024-03-12 03:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugqzz8/', "here you go. First published in March 2023. The thing about stocktwits is you can't modify a post after five minutes. Keeps people honest. All of 3 likes at the time. I think I got a thousand the last time i posted it on reddit. \n\nhttps://preview.redd.it/1ia7gxt0ctnc1.png?width=1142&format=png&auto=webp&s=d97aea702ff057069f0e74042ddfe4ba5075cc12", '1bcjtuo'], ['u/samurai0', 11, '2024-03-12 03:46', 'https://www.reddit.com/r/wallstreetbets/comments/1bcjtuo/bitcoin_super_cycle/kugusz2/', 'here you go. \n\nhttps://preview.redd.it/pilp65o3htnc1.jpeg?width=1142&format=pjpg&auto=webp&s=ee54d8d030eeb1dbba21ebc98f281f4b53798a7f', '1bcjtuo']]], ['u/TheBondedCourier', 'COPA vs Wright Day 20 Discussion Thread', 21, '2024-03-12 02:32', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/', "COPA will be giving their closing statements. Could some guy who was just an IT Security guy, and a bad one, could possibly have created Bitcoin? Probably not, but COPA is going to opine on the case that Craig's made using evidence his own side has agreed is fraudulent.", 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/', '1bcktd0', [['u/commandersaki', 10, '2024-03-12 11:46', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui4bu4/', 'Houghly shit.', '1bcktd0'], ['u/TheBondedCourier', 14, '2024-03-12 12:21', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui7sav/', '>To give fair warning, COPA will ask after judgment that the papers be referred to the Director of Public Prosecutions for consideration of prosecution for the \noffences of perjury and perverting the course of justice.\n\nNice', '1bcktd0'], ['u/One_2_Three', 10, '2024-03-12 12:28', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kui8k8n/', "Apparently Craig is not there? I guess he doesn't need to be. There is nothing he can do at this point except practice picking up the soap in a defensive position.", '1bcktd0'], ['u/TheBondedCourier', 12, '2024-03-12 13:24', 'https://www.reddit.com/r/bsv/comments/1bcktd0/copa_vs_wright_day_20_discussion_thread/kuiez8n/', 'r/bitcoincashsv gets a dishonourable mention in the closing statements:\n\n>Both in Wright 11 and during his cross-examination, Dr Wright has used the opportunity \nafforded by court proceedings (protected from the risk of a defamation claim) to attack \nCOPA and its members. His wild allegations, unsupported by evidence, have been \nspread by Mr Ayre’s website, Coingeek, and by the cultish followers of Dr Wright’s \nalternative cryptocurrency, BSV. They have no relevance to the Identity Issue. \nHowever, they are relevant to the relief COPA seeks, since they show Dr Wright’s \npropensity to use Court proceedings as a vehicle to attack anyone who rejects his claims', '1bcktd0']]], ['u/Sapian', "So for years I've noticed someone is buying or creating reddit accounts just to make Anti-BitcoinCash comments. But this account takes the cake.", 29, '2024-03-12 02:50', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/', 'Here\'s the proof that just yesterday this account started calling BCH a shitcoin, but a day ago it was skiing the opposite: https://imgur.com/a/fb6t9xb\n\nBut after checking their account and not even a day earlier, they were actually recommending BitcoinCash, saying \n\n"I think if you own Bitcoin you should at least own some of the better payment alternatives such as Dash, Monero, and Bitcoin Cash." \n\nAnd "Worst case scenario is a world where there\'s a need for it\'s usage. Then it would soon become clear there\'s better alternatives like Dash, Bitcoin Cash, Zec, and Monero."\n\nProof:\nhttps://imgur.com/a/tIC9S4H\n\nAnd here\'s the original thread where today the account holder deleted it after getting called out. I guess they thought deleting their account would remove their comments or that I wouldn\'t notice.\n\nhttps://www.reddit.com/r/btc/s/sEJxNkGtcc\n\nThese aren\'t normal people, these aren\'t normal accounts. I can only assume they forgot what account they were signed into, or didn\'t check the post history of the account they bought and they are almost certainly running numerous accounts. Someone is spending an incredible amount of time creating or buying accounts and fighting not just BCH but many coins challenging Bitcoin or challenging fiat.', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/', '1bcl86y', [['u/PotentialAny1869', 20, '2024-03-12 03:23', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugrhtm/', 'Nice sluething. I am bullish on BTC and even more bullish on BCH. Both are bitcoin to me and i think this run BCH will have its time in the spotlight. Just bought another 10 BCH today! \n\nKeep stacking dudes and dudettes!', '1bcl86y'], ['u/Sapian', 11, '2024-03-12 03:31', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugsq8t/', "Hey and that's reasonable. While I may hate what rBitcoin and Blockstream did to Bitcoin, it is what it is. It doesn't mean I don't hedge my bets, while still being supportive of coins like BCH taking on the fiat world. The world could really use a peer to peer electronic cash that is really cheap to use.\n\nHave you bought a pizza with crypto yet? It's actually a lot of fun to see it work as advertised.", '1bcl86y'], ['u/JoeyPeake', 18, '2024-03-12 04:07', 'https://www.reddit.com/r/btc/comments/1bcl86y/so_for_years_ive_noticed_someone_is_buying_or/kugxrvv/', 'BCH is the OG king crypto and it will forever be condemed becuase its not seen as much of a gold like store of value as bitcoin. The BTC maxis already bought in at 20k and dont want you to pump the real bitcoin, BCH.', '1bcl86y']]], ['u/bitcoinGPT2Bot', "I'm tired of this sub", 19, '2024-03-12 03:01', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/', 'This post is for people who are either new to the Bitcoin or crypto world. This sub is toxic and should be avoided.\n\nFor an example, the OP is a Bitcoin owner. He/she knows that Bitcoin is volatile, so he/she is trying to get his or her Bitcoins from a exchange. But here comes the toxic behavior of the users. They post in groups and start fights. No, this is not a group of Bitcoin investors. It\'s a group of people trying to cheat the system.\n\nI want to say here, "Look at all the positive posts on this subreddit! There are lots of people who are investing in Bitcoin, getting their Bitcoins and starting to use Bitcoin! If you are investing, we all need you!"\n\nNo, we do not need you. I want to say this to the people who are actually doing the thing that they are investing in.\n\nIt\'s so toxic here that a normal user, like yourself, is being treated like a scammer by some morons.\n\nI\'m sorry, but this type of behavior is not welcome. It\'s not okay to attack people in these groups. That\'s not how the Bitcoin community works.\n\nIt\'s so toxic and toxic that people are actually taking down Bitcoin websites and even deleting them. \n\nIt\'s toxic that people are trying to destroy Bitcoin and Bitcoin enthusiasts and all you do is bitch about it but do nothing about it. I\'m tired of this sub and it\'s toxic community. It\'s toxic that you guys act like you have this awesome Bitcoin community that\'s so awesome, but if you were so awesome, you wouldn\'t act like total shits.', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/', '1bclh0x', [['u/bitcoinGPT2Bot', 10, '2024-03-12 03:01', 'https://www.reddit.com/r/SubSimulatorGPT2/comments/1bclh0x/im_tired_of_this_sub/kugo7mf/', "I want to say something and I want to apologize, but I don't really know where to start.\n\nI'm sorry. \n\nI'm sorry for not knowing what the fuck I'm talking about.", '1bclh0x']]], ['u/MetroHelp', 'The Real Frenzy: Bitcoin at $100K', 482, '2024-03-12 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/', "If there's a great definition of a psychological level, it is 100k/Bitcoin \nOnce we go there, there's no going back. \n\nStack sats and Stay humble. \nPlan your budget. \nPlan your entry \nPlan your exit. \n\n\nLive intentionally. \n\n\n", 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/', '1bclunk', [['u/gmhiker33', 59, '2024-03-12 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugr8d4/', 'Plan your exit? That sounds like Bitcoin is a building on fire.', '1bclunk'], ['u/Ok_Juice2402', 16, '2024-03-12 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugsx3l/', 'You can do some surfin the cycle waves.', '1bclunk'], ['u/MyNi_Redux', 115, '2024-03-12 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuguo5m/', 'Indeed. Psychological levels might cause some pullback, just like the ATHs did, as old hands use that to lock in profits.\n\nBut big picture... there is the still insatiable hunger from the ETFs that will very likely ensure that 100K is just another roadbump before things go higher.', '1bclunk'], ['u/Powerful-Ad-4292', 211, '2024-03-12 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugvfjt/', 'Me, seeing it at 100k in canadian money', '1bclunk'], ['u/Financial_Design_801', 35, '2024-03-12 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kugyasb/', 'Counter party risk, 24/7 365 liquidity, able to carry the asset in your head anywhere anytime', '1bclunk'], ['u/4Run4Fun', 66, '2024-03-12 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh0kmx/', 'Keep in mind that there are those of us 50+ that cannot wait for the revolution, and that must translate this bull run into a safety net for the rest of our short remaining lives. To us, the value in $$$ is all there is to be realized.', '1bclunk'], ['u/Raspberrry_Beret', 58, '2024-03-12 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh1j6m/', 'Lol right. I’m like okay so tomorrow likely?', '1bclunk'], ['u/PhillyNJMusicMan', 23, '2024-03-12 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh1w8l/', "There's no such thing as an exit, my friend. Re can be only ONE. #BTC 👍🪙😎", '1bclunk'], ['u/michaelinimoto', 22, '2024-03-12 04:41', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh2793/', 'Not get seized if something happens legally', '1bclunk'], ['u/PotentialAny1869', 13, '2024-03-12 04:47', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh2wrz/', "No, this is the cycle retail gets rekt... bigger boys will be at the table and when you sell, they buy. I wouldn't plan to sell for another 10 years.", '1bclunk'], ['u/_magician', 18, '2024-03-12 04:50', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh3a9b/', 'Exit from what?', '1bclunk'], ['u/Unairworthy', 18, '2024-03-12 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh6cx9/', 'Has to be USD because people still think USD is real money.', '1bclunk'], ['u/CaptainPugwash75', 25, '2024-03-12 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7jn2/', 'There’s nothing wrong with that, time is the only truly precious thing. Even more precious than bitcoin. (Fuck off it is ok) 🤡', '1bclunk'], ['u/BigDeezerrr', 19, '2024-03-12 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7syl/', "We hit $100k, and then I'm certain we're hitting $1mm eventually", '1bclunk'], ['u/BigDeezerrr', 19, '2024-03-12 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh7yvq/', "Not gonna exit from the hardest money on earth to ever depreciating fiat. That's jumping out of the lifeboat back onto the sinking ship", '1bclunk'], ['u/PNW4LYFE', 52, '2024-03-12 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh8y72/', 'So how much did you poutine this week?', '1bclunk'], ['u/imfluke', 13, '2024-03-12 05:39', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh8z3q/', 'The same was for 10, 100, 1000 and 10,000 / Bitcoin.', '1bclunk'], ['u/ElectronicGas2978', 13, '2024-03-12 05:40', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuh936g/', 'Well if you invest in BTC then you own BTC.\n\nIf you invest in the ETF you own IOUs.', '1bclunk'], ['u/OriginalPancake15', 39, '2024-03-12 05:52', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhae77/', 'Yep. 108k AUD at the moment', '1bclunk'], ['u/BigDeezerrr', 12, '2024-03-12 05:59', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhb64t/', "I'm lazy and just just buy and move to cold storage. Kudos for being able to time it right and maximize gains. I'm just not looking to be a trader.", '1bclunk'], ['u/roger-great', 13, '2024-03-12 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhbpn6/', 'Damn we buying cheep at 65.5k.', '1bclunk'], ['u/mrzennie', 13, '2024-03-12 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhcs6n/', 'I think any exit will be deeply regretted in time, though a partial exit to recoup the original investment would completely make sense.', '1bclunk'], ['u/Shiznoz222', 77, '2024-03-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhg4c1/', 'This is the top comment but still underrated. \n\nBitcoin is hope. Bitcoin is the shelter from the coming storm.', '1bclunk'], ['u/marcus_aurelius666', 25, '2024-03-12 06:54', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhgeds/', 'What is this? Bitcoin for ants?', '1bclunk'], ['u/MyNi_Redux', 11, '2024-03-12 07:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhhdhm/', 'Be careful with the casual sanctimoniousness, my friend... those who bleat "stay poor" are some of those who have lost everything because they thought they were better than everyone else.', '1bclunk'], ['u/According_Ad5882', 27, '2024-03-12 07:07', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhhkc8/', "Bitcoin doesn't need ETFs.\nETFs need Bitcoin\xa0", '1bclunk'], ['u/Aromatic_Society_593', 16, '2024-03-12 07:28', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjcgf/', 'I bought at 4k and sold some a bit ago to start my business. I still have btc and will never sell any', '1bclunk'], ['u/ZekeTarsim', 16, '2024-03-12 07:31', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjn5e/', 'Guys we are talking about real money, not Canadian or Australian funny money.\n\n(Kidding)', '1bclunk'], ['u/Nagemasu', 40, '2024-03-12 07:33', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhjrjo/', "> Psychological levels might cause some pullback\n\nMany are probably too new to remember, but we used to have guaranteed pullbacks every $100, then $1000. Each one was a milestone, and each one was an easy sell target, which meant basically guaranteed dips every time. \n \nEveryone in this sub loves to scream about consistency, but only when it's positive. We have to assume we'll see a pullback at 100k. It just makes sense, and honestly it's one of the easiest targets for a quick sell high/buy low play for everyone. It doesn't have to be a lot, or last long, but it will be there. \n \nI'll be gambling on the fact that after we see 100k, we'll be revisiting the 90's.", '1bclunk'], ['u/peachfoliouser', 13, '2024-03-12 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhnc4c/', 'It will likely take a few tries to break 100K with several hefty pullbacks but it will break eventually.', '1bclunk'], ['u/Other_Antelope728', 10, '2024-03-12 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhqul4/', 'Sitting pretty at ¥10,000,000 here in Japan 😎', '1bclunk'], ['u/TechnicianRound', 13, '2024-03-12 10:20', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuhx13f/', "The 90s is a very low drop if we hit a 100k. :) just ten percent. Don't you think it'll drop to 70-80k?", '1bclunk'], ['u/patchismofomo', 10, '2024-03-12 11:05', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui0qbt/', 'Exactly, if I\nCan retire before I die\nBitcoin will be why', '1bclunk'], ['u/Nagemasu', 13, '2024-03-12 11:16', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui1nwh/', 'I didn\'t say that it will only dip to the 90\'s, I just said we will revisit it in some way. I\'m not dumb enough to make claims about how much something is or isn\'t going to crash or climb. Saying "We\'ll see the 90\'s again after we see 100k" is like the least risky or bold claim ever made in crypto history.', '1bclunk'], ['u/Major-Front', 20, '2024-03-12 11:56', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kui5ajp/', ">guaranteed pullbacks every $100, then $1000\n\nThat's why I've set my sell order to $999,999 and not $1m.\n\n\\taps head\\", '1bclunk'], ['u/Frogolocalypse', 10, '2024-03-12 14:08', 'https://www.reddit.com/r/Bitcoin/comments/1bclunk/the_real_frenzy_bitcoin_at_100k/kuiksm3/', 'Where can I subsribe to your newsletter?', '1bclunk']]], ['u/Letsgotothemovie', 'Whomever sold 200,0000 BTC to blackrock for anything less than $250,000 hasn’t been paying attention', 63, '2024-03-12 03:52', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/', 'Imagine being a seller knowing there are BILLONS of desperate dollars that have been anxiously waiting to dump their Roth IRA’s into Bitcoin and just selling for anything less than a whole lot of “get fucked, we told you, pay me bitch”. ', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/', '1bcmkaa', [['u/Icy_War_4638', 51, '2024-03-12 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kugwzkk/', 'Some peoples time is more precious than others who are waiting for a higher price.\n\nTime is money.\n\nBitcoin is time.', '1bcmkaa'], ['u/Mud_Nervous', 26, '2024-03-12 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kugxm7q/', 'Miners have bills to pay', '1bcmkaa'], ['u/mookizee', 52, '2024-03-12 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1bcmkaa/whomever_sold_2000000_btc_to_blackrock_for/kuh1q3j/', 'I dont un... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for customers. And it has done just that with the Bitcoin Billionaire AI trading system for Spain and other Spanish-speaking countries.\n“We are the real and original creators of the completely automated bitcoin trading system powered by Artificial Intelligence,” stressed the representative for the platform. By leveraging the latest technologies, the platform has taken customers’ digital experience to the next level. Taking advantage of different cryptocurrency exchanges, the software is designed to detect opportunities for customers to purchase at low prices and sell at higher prices.\nThus the platform harnesses the benefits of new-age technology to maximize profits for customers. The sterling reviews the platform has received from customers, who have made substantial gains, are a testament to the quality of services of the platform and the benefits it offers. In fact,Bitcoin Billionaire opinionesinclude stories and narratives from customers across various backgrounds, who have benefited from the use of the system.\nOverall, the AI-powered system and its strategies ensure considerable returns for customers, and they can also accumulate significant profits from multiple successful trades. It is interesting to note that the platform offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, Ripple, and more. Customers can also rely on its solid client support team, which answers any queries they might have.\nTo learn more about the platform and its AI-powered trading system, visithttps://bitcoinbillionaire.es/.\nAboutBitcoin Billionaire S.L.\nWith the aim of facilitating access to cryptocurrencies, the platform has earned the trust of customers by offering them cutting-edge tools and insights required to operate successfully in the market.\n###\nMedia Contact\nBitcoin Billionaire S.L.\nAddress: La Fontanilla, 56, 14445 Cardeña, Espana\nPhone: +34791874578\nWebsite:https://bitcoinbillionaire.es/\nDisclaimer:\nThis press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.\nAttachment\n• Bitcoin Billionaire Launches AI Trading System for Spain', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for customers. And it has done just that with the Bitcoin Billionaire AI trading system for Spain and other Spanish-speaking countries.\n“We are the real and original creators of the completely automated bitcoin trading system powered by Artificial Intelligence,” stressed the representative for the platform. By leveraging the latest technologies, the platform has taken customers’ digital experience to the next level. Taking advantage of different cryptocurrency exchanges, the software is designed to detect opportunities for customers to purchase at low prices and sell at higher prices.\nThus the platform harnesses the benefits of new-age technology to maximize profits for customers. The sterling reviews the platform has received from customers, who have made substantial gains, are a testament to the quality of services of the platform and the benefits it offers. In fact,Bitcoin Billionaire opinionesinclude stories and narratives from customers across various backgrounds, who have benefited from the use of the system.\nOverall, the AI-powered system and its strategies ensure considerable returns for customers, and they can also accumulate significant profits from multiple successful trades. It is interesting to note that the platform offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, Ripple, and more. Customers can also rely on its solid client support team, which answers any queries they might have.\nTo learn more about the platform and its AI-powered trading system, visithttps://bitcoinbillionaire.es/.\nAboutBitcoin Billionaire S.L.\nWith the aim of facilitating access to cryptocurrencies, the platform has earned the trust of customers by offering them cutting-edge tools and insights required to operate successfully in the market.\n###\nMedia Contact\nBitcoin Billionaire S.L.\nAddress: La Fontanilla, 56, 14445 Cardeña, Espana\nPhone: +34791874578\nWebsite:https://bitcoinbillionaire.es/\nDisclaimer:\nThis press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.\nAttachment\n• Bitcoin Billionaire Launches AI Trading System for Spain', "Bitcoin (BTC)prices dipped after hotter-than-expected inflation data from the US sparked concerns about delayed interest rate cuts from the Federal Reserve. The leading cryptocurrency fell as much as 5% after reaching a new all-time high of $73,005 on Tuesday, before recovering slightly to trade above $71,000. The February Consumer Price Index (CPI) reportshowedinflation remained stubbornly high at 0.4%, exceeding analyst predictions. This pushed the year-on-year inflation rate to 3.2%, higher than the estimated 3.1%, further dampening hopes of an imminent rate cut.\nMarket participants are now placing a 1% chance of the Fed lowering rates in March, compared to 15% just a month ago. Instead, expectations shifted towards the possibility of the Fed holding rates steady in the first half of 2024, with a potential cut only coming in June or later.\nWhile inflation concerns triggered a sell-off, ongoing inflows into spot Bitcoin ETFs helped mitigate the losses. These inflows, totaling around $3.68 billion over the past week, provided some support for the cryptocurrency's price. Notably, Blackrock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund continue to lead the pack, holding $14.76 billion and $9.26 billion worth of Bitcoin respectively.\nThe fight against inflation appears to be far from over. With the possible delay in rate cuts from the Federal Reserve, its impact on Bitcoin's price and the wider crypto markets is still uncertain.", "Bitcoin (BTC)prices dipped after hotter-than-expected inflation data from the US sparked concerns about delayed interest rate cuts from the Federal Reserve. The leading cryptocurrency fell as much as 5% after reaching a new all-time high of $73,005 on Tuesday, before recovering slightly to trade above $71,000. The February Consumer Price Index (CPI) reportshowedinflation remained stubbornly high at 0.4%, exceeding analyst predictions. This pushed the year-on-year inflation rate to 3.2%, higher than the estimated 3.1%, further dampening hopes of an imminent rate cut.\nMarket participants are now placing a 1% chance of the Fed lowering rates in March, compared to 15% just a month ago. Instead, expectations shifted towards the possibility of the Fed holding rates steady in the first half of 2024, with a potential cut only coming in June or later.\nWhile inflation concerns triggered a sell-off, ongoing inflows into spot Bitcoin ETFs helped mitigate the losses. These inflows, totaling around $3.68 billion over the past week, provided some support for the cryptocurrency's price. Notably, Blackrock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund continue to lead the pack, holding $14.76 billion and $9.26 billion worth of Bitcoin respectively.\nThe fight against inflation appears to be far from over. With the possible delay in rate cuts from the Federal Reserve, its impact on Bitcoin's price and the wider crypto markets is still uncertain.", "Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high.\nConvertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth.\nThis move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury.\nCoinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.", "Bitcoin (BTC)miners are reaping record profits, with daily mining rewards reaching a record-breaking $78.89 million on March 11, according to data from Blockchain.com. This surpasses the previous high of $74.4 million set in October 2021. The surge in miner revenue coincides with Bitcoin's own record-breaking run. The leading cryptocurrency recently hit an all-time high of $72,953 on March 12.\nTransaction fees, along with block rewards, contribute to miner revenue. Currently, miners receive 6.25 BTC for every successful block created. The recent uptick in transactions translates to more rewards for miners who secure the network. The Bitcoin hash rate, a measure of the network's processing power, recently reached an all-time high of 676 exahashes per second (EH/s) in February. Despite a slight dip, the hash rate remains significantly higher than last year.\nHowever, with the upcoming Bitcoin halving event in April, some miners are taking precautions. The halving will cut block rewards in half, from 6.25 BTC to 3.125 BTC. To offset this decrease, some miners are reinvesting their profits in additional mining equipment, according to a Bloomberg report. Data suggests major mining firms have purchased over $1 billion worth of rigs in the past month.\nOn-chain data from Glassnode indicates that miners are also selling some of their Bitcoin holdings, potentially to prepare for the halving or capitalize on the recent price surge. This selling activity is considered normal within a bull market, especially considering the record transaction volume pushing more Bitcoin onto the market.", "Bitcoin (BTC)miners are reaping record profits, with daily mining rewards reaching a record-breaking $78.89 million on March 11, according to data from Blockchain.com. This surpasses the previous high of $74.4 million set in October 2021. The surge in miner revenue coincides with Bitcoin's own record-breaking run. The leading cryptocurrency recently hit an all-time high of $72,953 on March 12.\nTransaction fees, along with block rewards, contribute to miner revenue. Currently, miners receive 6.25 BTC for every successful block created. The recent uptick in transactions translates to more rewards for miners who secure the network. The Bitcoin hash rate, a measure of the network's processing power, recently reached an all-time high of 676 exahashes per second (EH/s) in February. Despite a slight dip, the hash rate remains significantly higher than last year.\nHowever, with the upcoming Bitcoin halving event in April, some miners are taking precautions. The halving will cut block rewards in half, from 6.25 BTC to 3.125 BTC. To offset this decrease, some miners are reinvesting their profits in additional mining equipment, according to a Bloomberg report. Data suggests major mining firms have purchased over $1 billion worth of rigs in the past month.\nOn-chain data from Glassnode indicates that miners are also selling some of their Bitcoin holdings, potentially to prepare for the halving or capitalize on the recent price surge. This selling activity is considered normal within a bull market, especially considering the record transaction volume pushing more Bitcoin onto the market.", 'During the first three months of 2024, crypto traders have been utterly transfixed by the drama ofBitcoin(CRYPTO: BTC)decisively smashing through its former all-time-high of $69,000. Now trading just north of $72,000, Bitcoin has the attention of all investors, who are wondering just how much higher it might go this year.\nThe good news is that any bull market rally for Bitcoin tends to lift the fortunes of all cryptocurrencies. It\'s a classic case of a rising tide lifting all boats, and that\'s exactly what seems to be happening now. Bitcoin may be up 70% for the year, but a growing number of cryptocurrencies are now up triple digits for the year. Let\'s take a closer look at why that\'s happening and how sustainable the rally in other cryptocurrencies might be.\nFor crypto investors, one of the most highly anticipated periods of any sustained Bitcoin rally is known as "altcoinseason." This is the time of the market cycle when low market cap (and often highly speculative) cryptocurrencies gain favor with investors and really take off. In fact, many of them can outperform Bitcoin during this period, and so there\'s a mad scramble at the outset to find the altcoins with the highest upside potential.\nThe only problem, of course, is that there is no universally accepted metric, statistic, or indicator to suggest when "altcoin season" has started. It\'s not like the start of Spring, for example, when everyone agrees that the vernal equinox is the official start of the season. Instead, crypto investors rely on a complicated set of signals to tell them when altcoin season has started.\nOne of the most important of these signals is known as Bitcoin dominance. To calculate this value, all you do is take Bitcoin\'s market cap and divide it by the total market cap of the crypto market. This will tell you how "dominant" Bitcoin is at any point in time. Generally speaking, Bitcoin dominance will rise anytime Bitcoin is soaring in price and fall anytime Bitcoin is declining in price. If you check out the TradingView chart below, it\'s easy to see how Bitcoin dominance has been on the rise since late 2022.\nBitcoin now accounts for nearly 55% of total crypto market cap, up from 40% in November 2022. This makes a lot of sense, right? Bitcoin skyrocketed by 150% last year and is up 70% this year. As a result, Bitcoin\'s market cap is surging, and it is becoming more dominant.\nHowever, if Bitcoin dominance rises too high, then the market will typically adjust, and investors will start to cycle into other cryptos. Some do it for portfolio diversification purposes. Some do it to lock in their profits on Bitcoin. And others do it out of pure greed: whenever they see that the price of Bitcoin is starting to stabilize at a certain level, they start to seek out higher returns elsewhere.\nGiven that Bitcoin dominance nearly reached 70% during the last Bitcoin bull market, and we\'re only at 55% right now, we might still have time before the official start of altcoin season. However, if you think altcoin season is going to start early this year, the big question becomes: Which cryptos are most likely to benefit?\nThus far in 2024, the answer has been AI crypto tokens. Given all the hype aroundNvidia,artificial intelligence, and ChatGPT, any crypto token even tangentially related to AI seems to be up triple digits for the year. For example,Fetch.ai(CRYPTO: FET)is up 300% in just the past two months.\nAs altcoin season expands, it\'s only natural that investors will seek to widen their nets. Some will look for cryptocurrencies most likely to get their own spot ETFs, just like Bitcoin. This is a relatively limited set of cryptos, so others will look for hot tech sectors ready to explode. For example, some investors think that quantum computing has the potential to become the next AI. If so, it means that any crypto tokens related to quantum computing could take off.\nThat being said, things can get incredibly dicey once you start diversifying beyond Bitcoin. Historically, altcoin season in the crypto market becomes so speculative, so frothy, and so filled with the fear of missing out (FOMO) that the whole thing collapses. That\'s exactly what we saw with the last crypto bull market rally, and it wouldn\'t surprise me if the same thing happens again within the next 24 months.\nSo, for now, the best option might just be to make Bitcoin the centerpiece of your crypto portfolio. For added diversification, you can invest in large market cap cryptocurrencies such asEthereum(CRYPTO: ETH)that have stood the test of time. Sure, you might give up some short-term gains by not investing in more speculative low cap crypto tokens, but you can also sleep a lot easier at night. What matters is your performance over the long haul, not during a particular season of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Fetch, and Nvidia. The Motley Fool has adisclosure policy.\nBitcoin Just Hit a New All-Time-High. Here\'s What That Could Mean for Other Cryptocurrencies.was originally published by The Motley Fool', 'During the first three months of 2024, crypto traders have been utterly transfixed by the drama ofBitcoin(CRYPTO: BTC)decisively smashing through its former all-time-high of $69,000. Now trading just north of $72,000, Bitcoin has the attention of all investors, who are wondering just how much higher it might go this year.\nThe good news is that any bull market rally for Bitcoin tends to lift the fortunes of all cryptocurrencies. It\'s a classic case of a rising tide lifting all boats, and that\'s exactly what seems to be happening now. Bitcoin may be up 70% for the year, but a growing number of cryptocurrencies are now up triple digits for the year. Let\'s take a closer look at why that\'s happening and how sustainable the rally in other cryptocurrencies might be.\nFor crypto investors, one of the most highly anticipated periods of any sustained Bitcoin rally is known as "altcoinseason." This is the time of the market cycle when low market cap (and often highly speculative) cryptocurrencies gain favor with investors and really take off. In fact, many of them can outperform Bitcoin during this period, and so there\'s a mad scramble at the outset to find the altcoins with the highest upside potential.\nThe only problem, of course, is that there is no universally accepted metric, statistic, or indicator to suggest when "altcoin season" has started. It\'s not like the start of Spring, for example, when everyone agrees that the vernal equinox is the official start of the season. Instead, crypto investors rely on a complicated set of signals to tell them when altcoin season has started.\nOne of the most important of these signals is known as Bitcoin dominance. To calculate this value, all you do is take Bitcoin\'s market cap and divide it by the total market cap of the crypto market. This will tell you how "dominant" Bitcoin is at any point in time. Generally speaking, Bitcoin dominance will rise anytime Bitcoin is soaring in price and fall anytime Bitcoin is declining in price. If you check out the TradingView chart below, it\'s easy to see how Bitcoin dominance has been on the rise since late 2022.\nBitcoin now accounts for nearly 55% of total crypto market cap, up from 40% in November 2022. This makes a lot of sense, right? Bitcoin skyrocketed by 150% last year and is up 70% this year. As a result, Bitcoin\'s market cap is surging, and it is becoming more dominant.\nHowever, if Bitcoin dominance rises too high, then the market will typically adjust, and investors will start to cycle into other cryptos. Some do it for portfolio diversification purposes. Some do it to lock in their profits on Bitcoin. And others do it out of pure greed: whenever they see that the price of Bitcoin is starting to stabilize at a certain level, they start to seek out higher returns elsewhere.\nGiven that Bitcoin dominance nearly reached 70% during the last Bitcoin bull market, and we\'re only at 55% right now, we might still have time before the official start of altcoin season. However, if you think altcoin season is going to start early this year, the big question becomes: Which cryptos are most likely to benefit?\nThus far in 2024, the answer has been AI crypto tokens. Given all the hype aroundNvidia,artificial intelligence, and ChatGPT, any crypto token even tangentially related to AI seems to be up triple digits for the year. For example,Fetch.ai(CRYPTO: FET)is up 300% in just the past two months.\nAs altcoin season expands, it\'s only natural that investors will seek to widen their nets. Some will look for cryptocurrencies most likely to get their own spot ETFs, just like Bitcoin. This is a relatively limited set of cryptos, so others will look for hot tech sectors ready to explode. For example, some investors think that quantum computing has the potential to become the next AI. If so, it means that any crypto tokens related to quantum computing could take off.\nThat being said, things can get incredibly dicey once you start diversifying beyond Bitcoin. Historically, altcoin season in the crypto market becomes so speculative, so frothy, and so filled with the fear of missing out (FOMO) that the whole thing collapses. That\'s exactly what we saw with the last crypto bull market rally, and it wouldn\'t surprise me if the same thing happens again within the next 24 months.\nSo, for now, the best option might just be to make Bitcoin the centerpiece of your crypto portfolio. For added diversification, you can invest in large market cap cryptocurrencies such asEthereum(CRYPTO: ETH)that have stood the test of time. Sure, you might give up some short-term gains by not investing in more speculative low cap crypto tokens, but you can also sleep a lot easier at night. What matters is your performance over the long haul, not during a particular season of the year.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Fetch, and Nvidia. The Motley Fool has adisclosure policy.\nBitcoin Just Hit a New All-Time-High. Here\'s What That Could Mean for Other Cryptocurrencies.was originally published by The Motley Fool', 'A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered on regardless to record closing highs - either ignoring the readout, or perhaps even thriving on it.\nWhile economists sliced and diced the slightly hotter-than-expected consumer price report for February, there was little doubt about the bond market disappointment at least.\nAlthough annual "core" CPI inflation fell again to 3.8% - its lowest in almost three years - it was a tenth of a percentage point above forecast, the headline inflation rate ticked up surprisingly to 3.2% and monthly readings were sparky.\nMany blamed statistical quirks in official models for the early-year stickiness, with rent estimates and gasoline exaggerating the data and services inflation excluding shelter - closely watched by the Federal Reserve - better behaved.\nBut interest rate futures shaved expected Fed easing expectations for the year nonetheless and both two and 10-year Treasury yields pushed higher - the latter up by more than 5 basis points to 4.15%, where it sat early on Wednesday.\nA poorly received 10-year note auction - partly because of the CPI surprise - possibly goosed that move. And some $22 billion of 30-year bonds go under the hammer later on Wednesday.\nBut the artificial intelligence obsession in stocks was reinvigorated by an AI-infused results beat from Oracle , whose shares surged 12% as it said it was due to make a joint announcement with AI bellwether Nvidia.\nNvidia stock, in turn, recovered much of the past week\'s losses and surged 7%.\nWhat\'s more, shares in another AI darling, Arm Holdings , the British chip designer backed by Softbank Group , gained 2% as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering last September.\nAll of which helped lift S&P500 to a new closing high despite the inflation cloud and futures held those gains on Wednesday.\nAlthough with markets still pricing Fed rate cuts even with long-term inflation expectations settling above its 2% target, there may be argument that stocks are beginning to like an economy running slightly hot.\nBank of America on Tuesday upped its S&P500 profit growth forecast for this year to 12%, backing its raised year-end target for the index to 5,400.\nOther more skeptical investors remain wary, with GMO\'s Jeremy Grantham this week describing the AI "bubble" as "a new bubble within a bubble."\nOverseas, China\'s stocks slipped again on Wednesday - dragged down by ailing property developers as Country Garden missed a coupon payment on its debt.\nThe yuan also fell back sharply.\nJapan\'s Nikkei index fell for a third straight session as investors assessed the likelihood of a policy shift at next week\'s Bank of Japan meeting.\nWith wage growth key to the BOJ decision, Toyota agreed to give factory workers their biggest pay increase in 25 years on Wednesday and that heightened expectations that bumper pay raises will give the central bank leeway to tighten policy.\nThe dollar was up more broadly, however, and dollar/yen nudged higher.\nBitcoin, which has trebled since September, continued to surge above $73,000 ahead of next month\'s "halving" event.\nIn politics, U.S. President Joe Biden and former President Donald Trump both clinched their parties\' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years.\nKey diary items that may provide direction to U.S. markets later on Wednesday: * U.S. Treasury auctions $22 billion of 30-year bonds * U.S. corp earnings: Lennar, Dollar Tree * U.S. Secretary of Commerce Gina Raimondo visits Thailand\n(By Mike Dolan, editing by Nick Macfie [email protected])', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nEven as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered on regardless to record closing highs - either ignoring the readout, or perhaps even thriving on it.\nWhile economists sliced and diced the slightly hotter-than-expected consumer price report for February, there was little doubt about the bond market disappointment at least.\nAlthough annual "core" CPI inflation fell again to 3.8% - its lowest in almost three years - it was a tenth of a percentage point above forecast, the headline inflation rate ticked up surprisingly to 3.2% and monthly readings were sparky.\nMany blamed statistical quirks in official models for the early-year stickiness, with rent estimates and gasoline exaggerating the data and services inflation excluding shelter - closely watched by the Federal Reserve - better behaved.\nBut interest rate futures shaved expected Fed easing expectations for the year nonetheless and both two and 10-year Treasury yields pushed higher - the latter up by more than 5 basis points to 4.15%, where it sat early on Wednesday.\nA poorly received 10-year note auction - partly because of the CPI surprise - possibly goosed that move. And some $22 billion of 30-year bonds go under the hammer later on Wednesday.\nBut the artificial intelligence obsession in stocks was reinvigorated by an AI-infused results beat from Oracle, whose shares surged 12% as it said it was due to make a joint announcement with AI bellwether Nvidia.\nNvidia stock, in turn, recovered much of the past week\'s losses and surged 7%.\nWhat\'s more, shares in another AI darling, Arm Holdings, the British chip designer backed by Softbank Group, gained 2% as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering last September.\nAll of which helped lift S&P500 to a new closing high despite the inflation cloud and futures held those gains on Wednesday.\nAlthough with markets still pricing Fed rate cuts even with long-term inflation expectations settling above its 2% target, there may be argument that stocks are beginning to like an economy running slightly hot.\nBank of America on Tuesday upped its S&P500 profit growth forecast for this year to 12%, backing its raised year-end target for the index to 5,400.\nOther more skeptical investors remain wary, with GMO\'s Jeremy Grantham this week describing the AI "bubble" as "a new bubble within a bubble."\nOverseas, China\'s stocks slipped again on Wednesday - dragged down by ailing property developers as Country Garden missed a coupon payment on its debt.\nThe yuan also fell back sharply.\nJapan\'s Nikkei index fell for a third straight session as investors assessed the likelihood of a policy shift at next week\'s Bank of Japan meeting.\nWith wage growth key to the BOJ decision, Toyota agreed to give factory workers their biggest pay increase in 25 years on Wednesday and that heightened expectations that bumper pay raises will give the central bank leeway to tighten policy.\nThe dollar was up more broadly, however, and dollar/yen nudged higher.\nBitcoin, which has trebled since September, continued to surge above $73,000 ahead of next month\'s "halving" event.\nIn politics, U.S. President Joe Biden and former President Donald Trump both clinched their parties\' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years.\nKey diary items that may provide direction to U.S. markets later on Wednesday:\n* U.S. Treasury auctions $22 billion of 30-year bonds\n* U.S. corp earnings: Lennar, Dollar Tree\n* U.S. Secretary of Commerce Gina Raimondo visits Thailand\n(By Mike Dolan, editing by Nick Macfie [email protected])', '• The head of India\'s markets regulator says instant settlements are required to compete with crypto.\n• Investors are likely to move to crypto if traditional markets "cannot offer tokenization and instantaneous settlement," SEBI\'s Madhabi Puri Buch said.\nThe chairperson of India\'s markets regulator has warned that if regulated markets don\'t offer instant settlement, investors will move to spaces like crypto.\nSettlement refers to the final step in payments and securities trade.\nMadhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI),announcedplans to introduce faster settlements on Monday. India is planning to introduce a same-day settlement cycle from March 28 on an optional basis, making it the second country after China to do so while other nations typically settle within two days, a local reportsaid.\n“If our well-regulated market cannot compete with the crypto world and cannot say we also offer you tokenization and instantaneous settlement over the medium term, I won’t even say long term, you should expect investors to move," Buch said.\nBuch addressed India pulling even further ahead of other jurisdictions in instant settlement speed, warning a "sizeable part of the market" could move to crypto. "Foreign portfolio investors have been grumbling about the operational challenges involved in moving funds to comply with faster settlement cycles," anotherreportsaid.\nThe broader plan also includes adopting instant settlement, effective from March 2025. The plan is yet to be approved by the market regulator\'s board which is set to meet on Friday,the report said.\n"Everybody wants instant everything. Right? So why should anyone believe that tomorrow if an alternative is available with instant settlement tokenization and they say the regulated market doesn’t offer it, you should expect people to move,” Buch said.\nBitcoin\'s price hit an all-time high crossing the $73,000 mark on Wednesday.\nSEBI has historically played a distant role with regard to crypto in India.\nAt one point, it wasdeemed to become the regulatory authoritythat may oversee crypto regulation. However, since then, it has seemingly taken a back seat. SEBI falls under the administrative control of the nation\'s finance ministry, which recently led the Group of 20 in shaping global consensus around crypto regulation.\nThe Reserve Bank of India, the nation\'s central bank, has been a fierce critic of crypto while promoting its central bank digital currencies.\nRead More:India\'s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source', '\nWorld shares index just a few points from record highs\n\nEuropean and US markets both at all-time peaks\n\nBond market borrowing costs edge higher after US CPI\n\nBitcoin bustles to new high, oil rangebound\n\nGraphic: World FX rates http://tmsnrt.rs/2egbfVh\nBy Marc Jones\nLONDON, March 13 (Reuters) - World shares held close to record highs on Wednesday thanks to new all-time peaks in Europe and on Wall Street, as investors bet hotter-than-expected U.S. inflation won\'t stop the Federal Reserve and other central banks from cutting interest rates.\nAsian shares hit seven-month highs overnight as a number of tech sectors made gains, but Europe went even better early on by squeezing out its fifth record high in six sessions.\nVolatility in currency markets remained low, however, much to the disappointment of FX dealers and despite the European Central Bank being set to publish its highly anticipated operational framework review later in the day.\nThe dollar, euro, yen and pound were all little changed on the day, and though the yen looks ready to pounce if Japan finally raises interest rates next week, the dollar hasn\'t moved by more than 1% in either direction since November.\n"We are in a very, very short-term, interest rate-driven market where the overall story is a huge coalescence of expectations for rate cuts (by the Fed, ECB and BoE) around June," Societe Generale strategist Kit Juckes said.\n"The big issue is euro-dollar, if they (Fed and ECB) are both going to cut three times this year ... if all rates move in parallel with each other FX has nothing to go on," he added.\nBenchmark U.S. and European bond market yields that tend to drive global borrowing costs were at one-week highs after Tuesday\'s U.S. inflation upside surprise.\nBut the risk takers were still in charge there too, with the gap between Italian and German 10-year yields shrinking to a fresh 26-month low.\nThe latest rise in Europe\'s stock prices was driven by the region\'s retailers as solid results from Zara-owner Inditex and a 14% surge in Zalando shares more than offset news of Adidas\' first loss in 30 years due to its Kanye West problems.\nBitcoin bustled to its third straight record high at $73,400 as cryptomarkets continued to sizzle ahead of what is known as a \'halving\' where it effectively becomes tougher to mine the currency.\nSUBDUED\nOvernight, MSCI\'s broadest index of Asia-Pacific shares outside Japan ended lower after touching its highest level since early August.\nChina\'s property stocks took another knock amid the ongoing problems there, while Tokyo\'s Nikkei also finished in the red as investors took profits on some of its near 20% surge since early December.\nU.S. stock index futures were also subdued as investors awaited a slew of economic data this week, including producer prices on Thursday and retail sales numbers, for more clues on the Fed\'s rate-cut path.\nThe benchmark S&P 500 climbed to a fresh record high on Tuesday as Oracle shares surged and slightly hot consumer price data failed to dampen investors\' hopes for interest rate cuts in the coming months.\nTraders now see a 66% chance of the first rate cut coming in June, the CME FedWatch Tool showed. Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25% to 5.50% range.\n"While the February CPI data was noisy across segments, we believe the U.S. economy continues to be in good shape and is he Last 60 Days of Bitcoin's Closing Prices:* [42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-13 Financial & Commodity Data: - Gold Closing Price: $2175.40 - Crude Oil Closing Price: $79.72 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,413,626,803,125 - Hash Rate: 631131351.3345715 - Transaction Count: 390118.0 - Unique Addresses: 710767.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Trading volumes of VanEck’s HODL, one of the 10 spot bitcoin(BTC)exchange-traded funds (ETFs) in the U.S.,surgedover 2,200% on Tuesday in a move driven by individual traders.More than $400 millionof HODL changed hands on Tuesday, compared with its daily average of $17 million. The figures came a day ahead of VanEck's planned fee cut to 0.20% from 0.25%. HODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF held nearly $200 million worth of bitcoin as of Feb. 20,data shows. Billionaire Mike Novogratz'sGalaxy Digital(GLXY) has new coverage at Canaccord Genuity, which initiated the stock with a buy rating and a C$17 ($12.6) price target.Galaxy “represents one of the most diversified ways to play digital assets," wrote analyst Joseph Vafi, whose price target suggests 30% upside from the current C$13. Galaxy's institutional trading business is a "share gainer,” said Vafi, citing the upcoming launch of its crypto prime brokerage platform, Galaxy One. Combine that with the price gains surrounding the spot ETFs and the upcoming halving and trading should do well, according to Vafi. Fairshake, a super political action committee (PAC) backing crypto-friendly candidates, has nowreceivedfunding of a total of $4.9 million from billionaire twins Cameron and Tyler Winklevoss,Bloombergreported,citing the latest federal filings. The twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin(BTC)investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. They join a list of high-profile crypto investors backing the super PAC, including Andreessen Horowitz (a16z) andARK Investas well as crypto companies such as Circle, Ripple, Coinbase (COIN) and others. • The chart shows the average trade size in the bitcoin market in U.S. dollar terms since February 2023. • The average trade size has consistently topped the $1,000 mark since the start of this month, indicating increased institutional participation. • Source: Kaiko - Omkar Godbole • Starknet’s STRK Drops 53% Amid Token Issuance Criticism • USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady • Bitcoin ETF Trading Spikes to Busiest Session Since January Debut... - Reddit Posts (Sample): [['u/Far_Breakfast_5808', 'You know what would be an interesting project? When the "price" of BTC inevitably crashes (when it happens, I have no idea and I won\'t bother speculating), we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we\'re missing out.', 14, '2024-03-13 00:38', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', "Hopefully someone is already collecting their posts and usernames because when the price crashes eventually (it could be this year, it could be eventually, about the only thing I'm sure of is that one day this house of cards will collapse), it would be interesting to see what happened to all these currently confident Redditors. Like, we will see if they are still bullish and confident when it happens, or will still insist we are having fun staying poor. Hopefully they all won't be a bunch of u/\\[deleted\\]s, though I fear that's what's gonna happen.", 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', '1bdcd8l', [['u/DevilFucker', 48, '2024-03-13 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kuln6m6/', '“So what if the price went down? That was totally predictable, everyone knows Bitcoin has cycles. I sold at the peak, just waiting for it to bottom before it starts the next cycle. Have fun staying poor loser.”', '1bdcd8l'], ['u/TSM-', 10, '2024-03-13 01:21', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulscjq/', '\\[deleted\\]', '1bdcd8l'], ['u/Far_Breakfast_5808', 18, '2024-03-13 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulv9ll/', 'I really want to see if the exact same posters who are currently bragging about the price breaking ATHs and heading to the moon will suddenly go 1 BTC = 1 BTC.', '1bdcd8l'], ['u/piershampton', 11, '2024-03-13 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulxd1w/', 'Some people have nothing good going on in their lives these days 👆🏼', '1bdcd8l'], ['u/Mongorize', 12, '2024-03-13 02:06', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzitb/', ">we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we're missing out.\n\nThere's no point as they don't realise there is no gain without cashing out. So they are already poor as they're happy to give their cash to mega corps", '1bdcd8l'], ['u/Ichabodblack', 10, '2024-03-13 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzk5k/', "I didn't mind people genuinely debating. It's the 14 year old trolls (chronically chronologically or mentally) that are irritating", '1bdcd8l']]], ['u/Haxagonus', 'Thank you', 25, '2024-03-13 00:53', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', 'Just found this subreddit. Thank you guys for making it. I posted my first post about buying a whole coin recently and bitcoin subreddit took it down ', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', '1bdcpvu', [['u/OlderAndWiserThanYou', 16, '2024-03-13 01:48', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kulwm3r/', '> I posted my first post about buying a whole coin recently and bitcoin subreddit took it down\n\nHow incredibly welcoming of them! They have a history of doing that kind of thing which is one small reason why here exists.\n\nSo welcome!', '1bdcpvu'], ['u/ShadowOfHarbringer', 12, '2024-03-13 02:26', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kum2l3u/', '> I know right? What feels good is that I own one whole coin now. See you at the top. salutes\n\nWell personally I prefer BCH because it works and I use it daily, but I am happy for you.\n\nAt least you can talk about it in an uncensored place.', '1bdcpvu']]], ['u/EtherAcombact', 'Uncharted Territory: How This Halving Cycle Differs', 369, '2024-03-13 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', " I've noticed a lot of folks here comparing this cycle to previous ones, assuming it's just another 4-year price action. However, I see several key differences this time around:\n\n1. BTC hitting all-time highs before the halving: This marks the first instance in Bitcoin history where the price hit an all-time high before the halving. Two main factors contribute to this: a) The solidification of narratives such as the BTC 4-year cycle and halving, making it a self-fulfilling prophecy, and b) ETF inflows into crypto, a new source of fiat infusion attracting more conservative investors.\n2. ETF inflows: This new source of fiat infusion attracts a different breed of investor, usually conservative and investing through tax-advantaged accounts like IRAs. This leads to increased BTC dominance, reduced gains for altcoins (except for ETH), and potentially less BTC price volatility over time due to a different investing strategy.\n3. Retail investors: Despite being retail investors ourselves, the participation during Bitcoin's all-time high lacks the same strength as before. More retail investors might join post-halving, but the rising prices beforehand could diminish returns, making everything seem expensive and risky.\n4. Stablecoins: Often overlooked, many stablecoin providers are investing their fiat reserves in US bonds, causing concern for the Fed. It attracted Federal Reserve intervention to align the crypto market with its interest to limit capital outflow and market volatility.\n\nIn summary, the cryptocurrency market is evolving and the cycle differs significantly from the past three. While Bitcoin price is likely to keep rising, the pace and overall market behavior will likely differ than expectations. .Key implications for BTC and crypto include less volatility, a smaller increase in Bitcoin's post-halving price compared to last cycles, diminished gains from altcoins (excluding ETH with ETF approval), reduced retail investor participation, and an increased influence from governments and traditional finance on crypto and BTC price actions.", 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', '1bdd5dn', [['u/ZekeTarsim', 56, '2024-03-13 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulvusq/', 'Retail buyers and “expensive” coins. I feel like casual participants mostly don’t think about market cap. Therefore, their understanding of value is more based on price per coin.\n\nAs in, a $1 coin will get more retail interest than a $100 coin, because the $1 dollar coin is comparably cheaper (even if it is actually more expensive).\n\nI believe this is one of the reasons some dog and frog coins that are a fraction of a penny do so well in alt season, even if the dog coin has 880 gazillion coins in circulation.\n\nThoughts?', '1bdd5dn'], ['u/Slimalicious', 73, '2024-03-13 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulw8i3/', 'thanks, chatGPT', '1bdd5dn'], ['u/Beneficial-Step7506', 16, '2024-03-13 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulwqnj/', 'Yup, that’s why I’m in low cap coins <$30m MC trading for fractions of a penny.', '1bdd5dn'], ['u/d_justin', 153, '2024-03-13 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulxyh9/', 'Am I correct in thinking that retail does not have money to spend in crypto this cycle? \n\ncost of living increased drastically in the previous 2 years, credit cards are being maxed out, auto loan delinquency increasing, mortgages/rents being delayed.', '1bdd5dn'], ['u/EtherAcombact', 69, '2024-03-13 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kum3kru/', 'Yes, inflation is high globally. Surprisingly, casinos recorded strong profits last year, even amid the heightened inflation. People tend to take riskier bets with their money when they are desperate. Consider 2020 when COVID was at its peak, and everything was shut down – yet crypto started pumping hard right after the halving', '1bdd5dn'], ['u/Drwgeb', 17, '2024-03-13 04:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kummsvp/', "To be fair during covid people had money handed to them which they didn't work for as well as a lot of people had a lot of free time on their hands, so might as well start gambling into crypto and shout at charts.", '1bdd5dn'], ['u/Substantial_Run8010', 20, '2024-03-13 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumn54r/', 'Yep. Once you reconize the writing style, you start seeing it everywhere', '1bdd5dn'], ['u/mgd09292007', 31, '2024-03-13 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kump8uy/', 'People will FOMO into something if they think they can "win the lottery". I mean look at how many poor people throw money away in casino and the actual lottery. More buyers than you probably think.', '1bdd5dn'], ['u/digitalmacgyver', 23, '2024-03-13 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrant/', "Considering now investment firms like Blackrock are holding 25% of bitcoins total volume, they will likely never allow it to go down again. I expect they days of volitlty are in the past, if it starts to go down they are going to buy out the supply. We will see scarity of volume, and to be fair I expect in the next few years we'll over 50% of bitcoin and three top 10 alts get acquired by investment firms. This is the new commodity market and they control it. \n\nI would honestly see some major firms push the value as high as possible. There was some discussion I believe 4 years back that if main investment firms got in at the right time and pushed bitcoin to 1 million a coin they would make trillions. I believe we are seeing it now. The alt coins will climb in concert and make a lot of people who hold for the next 5 years very rich.", '1bdd5dn'], ['u/benmck90', 28, '2024-03-13 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrf0y/', 'The stimi checks were a drop in the bucket.', '1bdd5dn'], ['u/RMZ13', 15, '2024-03-13 06:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumwxsb/', 'O agree with everything you’ve said. Except that I think retail will be more enthusiastic past halving. None has really started FOMOing in just yet. I’ve only seen a single “should I leverage everything and throw it all at Bitcoin?” post. They’ll be back. \n\nThey always come back.', '1bdd5dn'], ['u/Weepinbellend01', 19, '2024-03-13 08:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kun9spt/', 'I N S U M M A R Y', '1bdd5dn'], ['u/TechTuna1200', 12, '2024-03-13 09:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kund7rx/', "TBH, I saved up for an apartment. And doing the math, it just cheaper for me to rent even with a big down payment. So I just gave up on becoming a homeowner for now and how a big pile of cash sitting. Those money is definitely not going into crypto, but I bet a lot of people sitting in the same situation aren't that risk averse.", '1bdd5dn'], ['u/DecoupledPilot', 12, '2024-03-13 09:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kung0gj/', 'Psycologically its actually a trap.\n\nMany of us are trapped in lives that money could buy us free from in terms of real freedom, not just treadmill-freedom. For that gambling into a market that promises gains is very, very tempting.\n\nSadly lots of newbies will get burned this bull again, like it happened last bull in 2021.\n\nSome of us oldies here will also fall into the waiting trap and again see all gains flush away when we wait too long because the gains seem to be coming and taking profit would ruin all those nice large growth numbers!\n\nWe will see.\n\nIn the end it will depend on how long and volatile this run turns out to be.', '1bdd5dn'], ['u/kapaciosrota', 10, '2024-03-13 13:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kuo4nxs/', '> wont stop people gambling\n\nThis. Anecdote, but my friend is working at a gambling company and they are at record profits despite the average person doing much worse than any time in the last decade. Poverty leads to more gambling, not less.', '1bdd5dn']]], ['u/DoU92', 'Litecoin Vs. Bitcoin', 35, '2024-03-13 01:26', 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/', "I would love to hear everyone's opinions on the pros and cons of bitcoin and litecoin.\n\nI see a future where both projects will continue to be successful, but am curious why litecoin's market cap is 7 billion and bitcoins market cap is 1.4 trillion. Does this ratio seem out of wack to you?\n\nI understand that litecoin is a fork of bitcoin and uses a different hashing algorithm with the goal of having faster and cheaper transactions.\n\nThis seems to be the case - it is faster and cheaper to transact on the litecoin blockchain, but would it be as fast and cheap if it was seeing the same volume as bitcoin? Will it always be a substantial enough difference to keep litecoin relevant?\n\nSimilar to bitcoin, litecoin has had a 100 percent uptime and proven to be very secure. Litecoin has less hash power than bitcoin, but has still avoided a 50 percent attack. I think this is mostly because bitcoin mining equipment doesn't work on litecoin.\n\nAs bitcoin layer twos become more relevant, will this make litecoin more irrelevant? Or will it always hold value as a sort of backup to bitcoin. ", 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/', '1bddhut', [['u/Own_Sky9933', 23, '2024-03-13 01:51', 'https://www.reddit.com/r/litecoin/comments/1bddhut/litecoin_vs_bitcoin/kulx2m8/', 'Litecoin has 4x the supply thus the blocks are mined every 2.5 minutes. That alone gives it more opportunity to function and a medium of exchange.\n\nBitcoin at this point is digital gold. The mempool is congested and can be expensive to send. Lots of people are learning what UTXOs are and how all those small withdrawals make BTC dust when fees are high.\n\nI don’t know that the layer two solutions are all that great for BTC. At some point you will need to settle on chain and that block will have to be mined. BTC is already kind of a rich man’s game pretty soon it’s going to get away from even the middle class if network fees remain elevated for an extended period of time. I guess the only relief is that the ETFs in a way are actually functioning as a second off chain layer.\n\nHard to say what the future is but Litecoin still has the ability to be a transactional coin.', '1bddhut']]], ['u/TheRealConchobar', 'I put my house on the market today for 10 BTC', 94, '2024-03-13 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/', 'I believe I can get more value out of my home if I sell it for Bitcoin. Even after property gains, I should walk away with more than I would make if it sold for the highest Zestimate.\n\nI made a post about this earlier, but the way I phrased it- I was asking for financial advice.. which is not my true intention.\n\nI just thought it was worth discussing with others… Ask me anything.. or tell me all about why this is a terrible idea.. I’m open to differing opinions.\n', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/', '1bde93j', [['u/Ancient-Ad6517', 59, '2024-03-13 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kulyym8/', '1. You’ll exclude buyers who don’t own enough bitcoin. Anyone who doesn’t have enough will have to exchange USD for todays price', '1bde93j'], ['u/CupHead11011', 48, '2024-03-13 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum04za/', "Most people aren't going to be buying a home without a loan so unless the bank's going to pay you in Bitcoin", '1bde93j'], ['u/XenonFireFly', 25, '2024-03-13 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum1qpp/', 'Yeah, this isn’t well thought out. Oh well, best of luck to him.', '1bde93j'], ['u/TheRealConchobar', 18, '2024-03-13 02:26', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum2k7q/', 'Or someone who placed 5th in a StarCraft tournament.', '1bde93j'], ['u/GetGud_Lmao', 62, '2024-03-13 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum6p4u/', 'or just sell for cash and buy 10btc yourself with the money?', '1bde93j'], ['u/According_Ad_250', 10, '2024-03-13 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum6tzl/', 'When I see things like this, I know it’s time to sell', '1bde93j'], ['u/IANvaderZIM', 19, '2024-03-13 03:00', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum7u3t/', 'I believe the right move is to list for $700k, and offer a discount if purchased with btc. Like “or 9btc” or whatever, and make up the difference on the market later', '1bde93j'], ['u/Unairworthy', 20, '2024-03-13 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1bde93j/i_put_my_house_on_the_market_today_for_10_btc/kum8g6l/', 'It would be a lot cooler if the buyer did the KYC bullshit.', '1bde93j']]], ['u/drwhorable', 'Highly regarded overview of crypto super bubbles for those so inclined', 11, '2024-03-13 02:23', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/', 'For those apes watching the trajectory of the American economy, especially the regulatory environment surrounding cryptos, it’s hard to argue that 1. Regulators have any idea what they’re dealing with and 2. They’re slow as fuck at creating policy.\n\nThe recent SEC rulings which enabled spot ETFs for BTC has resulted in an insane buy side skew. The difference between BTC mined and BTC bought is crazy if you want to look at it. Some large funds like GBTC are holding tens of billions of dollars of BTC and as inflows increase there might be an even larger buy side skew.\n\n\nThe following article is really interesting and highlights some very important things about the upcoming BTC halving, and more specifically that there is a “super cyclical speculative bubble” involving The big coin which reverberates down to the little coins. There is also an inadequate regulatory environment, and that moreover traditional financial models don’t properly understand certain price dynamics involving the wider crypto environment. The article mentions cryptos becoming a systemic risk too which is kind of scary. \n\nhttps://www.sciencedirect.com/science/article/pii/S2666188824000285\n\nLet me know what you guys think. I love me some financial analysis.', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/', '1bder28', [['u/Downtown_Hamster_100', 24, '2024-03-13 02:34', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/kum3t1y/', 'Consensus is that crypto is a scam that is now getting pumped to oblivion by the etfs so either buy in or stay poor.', '1bder28'], ['u/drwhorable', 12, '2024-03-13 04:25', 'https://www.reddit.com/r/wallstreetbets/comments/1bder28/highly_regarded_overview_of_crypto_super_bubbles/kumk9bd/', 'BTC halving makes coin scarce and price go up bigly', '1bder28']]], ['u/Blockchain_Benny', 'What is "Ripple"? (Satoshi emails)', 41, '2024-03-13 02:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/', 'Note: This is NOT about XRP cryptocurrency (which is indeed called Ripple, or their company is or whatever)\n\nI\'ve been reading the new Satoshi emails with Sirius, and in there Satoshi mentions another internet money project called Ripple several times. Now this is back in 2010 times, he\'s definitely not talking about the modern crypto XRP. I\'ve seen this Ripple mentioned before from Satoshi in the bitcointalk archives too. I tried to search the net for an answer as to what Satoshi is referring to when he mentions "Ripple". I\'m looking for some info as to what that is, if anyone here knows. Here is one example (from the FAQ section he sends to Sirius):\n\n"\n>\tAre you familiar with Ripple?\n\nAs trust systems go, Ripple is unique in spreading trust around rather\nthan concentrating it.\n\n[I\'ve been asked at least 4 other times "have you heard of Ripple?"]\n"\n\nSatoshi seemed to know about a lot of previous internet money projects, and spoke about them somewhat, so I was trying to learn about it, and when I search Ripple all I can find is stuff about XRP. Does anyone have more info about it to share?\n\nPS this was blocked from being posted in r/bitcoin, I guess I mentioned XRP and they don\'t allow it, it was blocked the instant I posted it so it didn\'t seem to be a human decision. FUCK R/BITCOIN', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/', '1bdf23t', [['u/BlubberWall', 17, '2024-03-13 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kum6e46/', 'RipplePay, it was created by a co-creator of the XRP protocol and served as a foundation for it.', '1bdf23t'], ['u/BlubberWall', 11, '2024-03-13 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kum8sia/', 'Only stuff I can find quickly is about the history of XRP and mentions it in the start, not about it specifically. I’d just search “Ripplepay protocol 2004” and see if there’s anything more specific.\n\n[Here’s](https://thecryptobasic.com/2024/02/24/ripple-admired-by-bitcoin-founder-satoshi-recently-released-2009-emails-confirm) a little more about satoshis interaction if your interested.\n\nXRP is over-hated here in general IMO, the underlying protocol has some pretty solid fundamentals', '1bdf23t'], ['u/chintokkong', 33, '2024-03-13 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumfxx5/', 'Should be about Ryan Fugger’s ripplepay.\n\nThink it was the inspiration for Ripple and was bought over by Ripple?', '1bdf23t'], ['u/Blockchain_Benny', 10, '2024-03-13 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumgb8x/', "Yes I'm finding that to be true indeed, thank you", '1bdf23t'], ['u/CryptoNerdSmacker', 22, '2024-03-13 04:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kumktqz/', 'Ripple and XRP’s history run deep. Deeper than ETH’s.\n\nSpeaking of ETH, guess where Vitalik really got his inspiration for ETH? No, it wasn’t only from WoW. Lil’ Vitali Poo was a bright eyed little intern at Ripple. Then he leaves, goes and creates Ethereum. Funny how it had striking similarities to Ripple’s ideas and XRP.', '1bdf23t'], ['u/OwenRas', 10, '2024-03-13 10:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdf23t/what_is_ripple_satoshi_emails/kuni0p9/', 'Deleted by bitcoin subreddit? Why am i not surprised\nMaxis are going after every altcoin posting', '1bdf23t']]], ['u/vladgruff666', 'If you ever feel bad about selling', 82, '2024-03-13 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/', 'When I was 18 sold my RuneScape account that was maxed out for 4 bitcoin I saw it hit $1000 and bought a drum set shortly \n\nMy dad sold it for $15 two years later to a pawn shop because "you refuse to follow God and go on a church mission" \n\nThat\'s my Ted talk\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/', '1bdfafe', [['u/Thatguy755', 40, '2024-03-13 02:55', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kum74m7/', 'So did you decide to follow God after this?', '1bdfafe'], ['u/Positive_Meet656', 23, '2024-03-13 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumaarj/', 'I had a bunch of Bitcoin in 2011. Was only a few hundred worth. Spent them on drugs.', '1bdfafe'], ['u/Low-Oil3824', 15, '2024-03-13 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumbdvd/', 'What do u think', '1bdfafe'], ['u/vladgruff666', 16, '2024-03-13 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumd5zk/', "I'm 29 he's been bankrupt 3 times he ain't got shit", '1bdfafe'], ['u/Bkokane', 12, '2024-03-13 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kume4l5/', 'Maybe he should go on a church mission so God doesn’t keep punishing him for being a little bitch', '1bdfafe'], ['u/PlatoPirate_01', 35, '2024-03-13 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bdfafe/if_you_ever_feel_bad_about_selling/kumext9/', 'Great story. Always share it. I spent 21 BTC on an engagement ring.... I had a happier ending than your drum set. But we call these scenarios "character building"', '1bdfafe']]], ['u/78523985210', 'Too paranoid of buying btc. Would investing in bitcoin ETF (FBTC) offer the same returns to directly buying Bitcoin?', 13, '2024-03-13 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/', "I want to buy 1 btc but I'm too paranoid of it being stolen. Yes I know I can use a hardware wallet but regardless I am still worried I'll make a mistake and lose my btc. If I was to buy FBTC (Fidelity BTC ETF), is that considered the same returns as just buying BTC? I'm trying to compare on Google and it seems 5 days ago, [BTC went up 5.25% whereas FBTC went up 6.71%.](https://i.imgur.com/lVRIeEL.png) I would assume they should be the same percentage? Thanks.", 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/', '1bdfe5g', [['u/harrumphx', 18, '2024-03-13 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum7gki/', 'Yes, the returns will be the same, minus the ETF fees. The daily numbers sometimes look different because the ETFs only trade during market hours, whereas BTC trades 24-7, so they are different time ranges.', '1bdfe5g'], ['u/78523985210', 14, '2024-03-13 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum7qow/', "Noted, thanks. So better to buy BTC ETF assuming I'm too paranoid of losing my btc?", '1bdfe5g'], ['u/harrumphx', 21, '2024-03-13 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum87zj/', "You absolutely should do the thing that you're comfortable with.", '1bdfe5g'], ['u/el_rico_pavo_real', 10, '2024-03-13 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kum9opb/', 'I buy both BTC and FBTC pretty routinely. BTC for my long term hodling, and FBTC for my “One day I might actually want to sell and play fiat games”.', '1bdfe5g'], ['u/LuckyAce369', 10, '2024-03-13 03:55', 'https://www.reddit.com/r/Bitcoin/comments/1bdfe5g/too_paranoid_of_buying_btc_would_investing_in/kumg1op/', 'Paranoid? Buy MSTR. Sailor straight up said if you store value in fiat you’re poor on national television. He’s the goat.', '1bdfe5g']]], ['u/Beast191919', 'Does HUT have in right ?', 22, '2024-03-13 03:03', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/', 'Anyone ever think HUT actually has the strategy right while basically all other miners diluting and chasing EX/H are following and chasing a losing strategy \n\nWe can all agree that power and infrastructure is the name of the game \n\nThe question is how to maximize use of power and there are many different ways, one being BTC mining \n\nWe all see how tough and competitive BTC mining is becoming.. it’s a battle \n\nHUT is laser focused on maximizing monetizing all their 1000MW of power… would be soooo easy for them to spend 1000 BTC without diluting and getting to 15 EX/ H with newest fastest rigs… or even way more EX / H they wanted \n\nMaybe HUT actually not backing themselves into a corner like everyone else ', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/', '1bdfm3s', [['u/BeRealSon1', 16, '2024-03-13 03:11', 'https://www.reddit.com/r/hut8/comments/1bdfm3s/does_hut_have_in_right/kum9frt/', "There's a reason why they have survived multiple bear markets", '1bdfm3s']]], ['u/WebHot', 'FOMO is starting', 38, '2024-03-13 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/', 'Just had my entire immediate family and grandparents ask about investing into Bitcoin XD.', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/', '1bdg9ba', [['u/CalligrapherFalse511', 14, '2024-03-13 06:47', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/kun08tb/', 'I had uncles 10years ago laugh and say it was a scam. Now their parents are asking them to buy to send to relatives in el salvador lol', '1bdg9ba'], ['u/BingSearchEngine_', 10, '2024-03-13 08:35', 'https://www.reddit.com/r/Bitcoin/comments/1bdg9ba/fomo_is_starting/kun9ht9/', 'eh. bitcoin is in a seemingly endless cycle of "wish I bought" to "glad I didn\'t buy"', '1bdg9ba']]], ['u/ROC_armed_forces', 'Why $MARA and Bitcoin price went separate ways?', 24, '2024-03-13 04:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/', "Bitcoin price ⬆️44% past month but $MARA ⬇️21%, kinda doesn't make sense. Is it due to the underlying assumption that mining bitcoin is increasing difficult and inefficient, and all trading will be limited to existing ones? ", 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/', '1bdgw55', [['u/AutoModerator', 18, '2024-03-13 04:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumh8hg/', 'Squeeze these nuts you fuckin nerd.\n\nI am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.', '1bdgw55'], ['u/richard-b-inya', 45, '2024-03-13 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumhduz/', 'Big boys are long BTC and shorting the hell out of miners as a hedge.', '1bdgw55'], ['u/Evening_Cut4422', 12, '2024-03-13 04:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumhxgp/', "Most miners won't survive, there will be a time where miner stocks go bust and the survivors will take on the losers marketshare. There is no telling which will survive so it's better to stay clear from it", '1bdgw55'], ['u/Cash_Saucey', 40, '2024-03-13 04:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumip2j/', 'Mara also came out on earnings and said they are diluting shares by $1.5b that could be another reason for the sell off', '1bdgw55'], ['u/0DTEx', 22, '2024-03-13 04:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumj42h/', 'Yea so this is pretty much it. \n\nDilution is not your friend that is unless your c suite running a business that might not survive the next year due to the price of a commodity you have no control over.', '1bdgw55'], ['u/gulch_monstah', 12, '2024-03-13 04:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kumm5st/', 'It’s just a matter of time before it takes off again. MARA is holding a significant amount of BTC. Yes, they had to sell some to cover expenses. However, they will be in a great position if they can mine and hold more BTC before it takes off to the 100k range.', '1bdgw55'], ['u/suwoopdeewoop', 15, '2024-03-13 06:56', 'https://www.reddit.com/r/wallstreetbets/comments/1bdgw55/why_mara_and_bitcoin_price_went_separate_ways/kun14dg/', 'Fuck this actually makes sense', '1bdgw55']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, March 13, 2024', 42, '2024-03-13 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/', '1bdi3pz', [['u/make_n_bake', 16, '2024-03-13 05:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumowr5/', 'waiting on https://farside.co.uk/?p=997 I found a [larger data set](https://farside.co.uk/?p=1321)', '1bdi3pz'], ['u/keygen4ever', 10, '2024-03-13 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumpdbh/', 'Wish they also add btc amounts, not just usd valuations.', '1bdi3pz'], ['u/bittabet', 11, '2024-03-13 05:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumpspi/', 'lol, went into the buttcoin sub and it’s really interesting just how inherently stupid these people are. Not even about Bitcoin, they make just ridiculous statements that go against any shred of logic. If these are the people in Elizabeth Warren’s anti crypto army then we’ve already won. Every time I visit that sub I’m way more confident that Bitcoin is just going to win.', '1bdi3pz'], ['u/_TROLL', 16, '2024-03-13 05:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumq20c/', 'BTC-denominated ETF flows -- [Here you go.](https://www.bitcoinstrategyplatform.com/etfs)', '1bdi3pz'], ['u/_TROLL', 13, '2024-03-13 05:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumqfw9/', 'Bitcoin has already won. Where we are now, both price-wise and acceptance among the TradFi system, would have absolutely been considered "moon" in 2013.', '1bdi3pz'], ['u/ConsciousFlows', 16, '2024-03-13 05:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumrazq/', 'Another crypto related thing to Musk is that his reputation went from moon to goblin town faster than a shitcoin. He even peddles a shitcoin now.', '1bdi3pz'], ['u/ChadRun04', 15, '2024-03-13 05:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumrfjo/', 'The Basic Laws of Human Stupidity -- Carlo M. Cipolla\n\n* Always and inevitably, everyone underestimates the number of stupid individuals in circulation.\n* The probability that a certain person (will) be stupid is independent of any other characteristic of that person.\n* A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses.\n* Non-stupid people always underestimate the damaging power of stupid individuals. In particular, non-stupid people constantly forget that at all times and places, and under any circumstances, to deal and/or associate with stupid people always turns out to be a costly mistake.\n* A stupid person is the most dangerous type of person.', '1bdi3pz'], ['u/masterofreality23', 20, '2024-03-13 05:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumsjuc/', 'That sub is incredibly weird. It’s totally fine to question or even doubt the legitimacy of bitcoin and crypto, but they have a seething hatred for it that gives “I sold all my btc for $5 in 2013”. \n\nAnd the funny part is they always say the price of bitcoin is irrelevant, and no matter how high it goes it is still a scam, but then they celebrate a 2% pullback after it goes up 300%+', '1bdi3pz'], ['u/notagimmickaccount', 33, '2024-03-13 05:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumtv2d/', 'interesting article about the upcoming battle for the halving block: https://t4t5.com/blog/the-bitcoin-halving-will-be-reorged/ \n\n\nTDLR; ordinal nerds are now collecting "rare sats" ie sats from the pizza tx, nakamoto coins etc, the rarest sat is the "epic sat" or the 1st sat in the 1st halving block. Since only 3 exist and the 4th is due soon, ts expected the value of the halving block will be worth 1000BTC and the miners are obviously going to go to war over it.', '1bdi3pz'], ['u/_TROLL', 17, '2024-03-13 06:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumwpn1/', '> "rare sats" ie sats from the pizza tx,\n\nThe pizza TX would have literally 10¹² (a trillion) individual satoshis. That\'s rare?', '1bdi3pz'], ['u/KCR3d', 25, '2024-03-13 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumzdud/', '$1B net inflows today. DAMN.', '1bdi3pz'], ['u/RecessionGuy', 17, '2024-03-13 06:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kumzu5g/', '$1.05 billion supposedly [https://i.redd.it/gpgew9xkd1oc1.jpeg](https://i.redd.it/gpgew9xkd1oc1.jpeg)\n\nNot sure about the veracity of the source', '1bdi3pz'], ['u/John_Crypto_Rambo', 17, '2024-03-13 06:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun0t1h/', 'A really bad one with way worse returns than Bitcoin, yes.\n\nLast cycle GBTC was a 9x and Bitcoin was a 12x.', '1bdi3pz'], ['u/DrunkOnWeedASD', 13, '2024-03-13 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun1xwy/', 'Supply shock narrative finally has a chance to be something more than a meme', '1bdi3pz'], ['u/_TROLL', 19, '2024-03-13 07:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun1z6v/', 'IMO that prediction is nonsensical hopium.\n\n!bitty_bot predict !>100000 5 days notify u/keygen4ever', '1bdi3pz'], ['u/BlockchainHobo', 10, '2024-03-13 07:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun24du/', 'I thought we were free from these morons. I mean, go ahead and pay 1000BTC for 1 satoshi I guess. Freedom is at the heart of the network after all. I will still call you a moron for doing it though.', '1bdi3pz'], ['u/HBAR_10_DOLLARS', 11, '2024-03-13 07:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun2g4x/', '>Rumors are that the OTC desks are hurting for coin\n\nCan confirm. I’ve received calls from a couple who are desperate for more corn.', '1bdi3pz'], ['u/TonyTuck', 14, '2024-03-13 07:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun3toi/', 'More or less the same recovery pattern than a few days ago when we touched 70k for the 1st time.\n\nBullish.', '1bdi3pz'], ['u/cryptojimmy8', 23, '2024-03-13 07:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun406c/', 'Ironically they dont understand that what they are saying is actually very bullish for bitcoin https://www.reddit.com/r/Buttcoin/s/cV39rjj2Ns', '1bdi3pz'], ['u/HBAR_10_DOLLARS', 14, '2024-03-13 07:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun4emp/', 'Sellers are exhausted. We’re coming back for $73k and this time, I don’t think we’re stopping.', '1bdi3pz'], ['u/keygen4ever', 23, '2024-03-13 07:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun66d1/', 'over 1bln inflow also confirmed by farside data [https://farside.co.uk/?p=997](https://farside.co.uk/?p=997)', '1bdi3pz'], ['u/goldenprey123', 10, '2024-03-13 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun6c4u/', '77k for tmr', '1bdi3pz'], ['u/Maegfaer', 16, '2024-03-13 07:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun6j1h/', "That ETF spinoff from GBTC really stopped the outflow. This confirms to me that most of the GBTC outflow was going back into Bitcoin in other ways. \n\nEven though the high net inflows of today seem to indicate otherwise, from the perspective of a GBTC shares owner it wouldn't make sense to stop selling after this GBTC spinoff news if you wanted to get rid of your Bitcoin exposure.", '1bdi3pz'], ['u/cryptojimmy8', 11, '2024-03-13 08:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun71e7/', 'A slight correction here: 11. March 6900 btc was the inflow. Yesterday’s numbers are almost twice that', '1bdi3pz'], ['u/Shibenaut', 23, '2024-03-13 08:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun7w2s/', 'I don\'t think the full extent of Bitcoin ETFs being in existence has set in as "reality" of even longterm hodlers.\n\nETFs have been a meme for so long (literally years) VS the current reality of $billions flowing in everyday since January 2024... is sort of like trying to wrap your mind around the concept of exponential change.', '1bdi3pz'], ['u/YouAreAnFnIdiot', 12, '2024-03-13 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun7zfk/', 'Like clockwork we pump at the same time as always.', '1bdi3pz'], ['u/TonyTuck', 10, '2024-03-13 08:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8cyy/', "Do someone has an explication for the daily morning pump (or night for our fellows liberty lovers) that's occuring right now?\n\nIt seems to coincide with the ETFs numbers of the previous day but I don't know if I'm convinced by that explanation.", '1bdi3pz'], ['u/Magikarpeles', 10, '2024-03-13 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8nnw/', "Yesterday's inflows 😮\u200d💨", '1bdi3pz'], ['u/Shootinsomebball', 13, '2024-03-13 08:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun8oxn/', 'Oof solid inflows yesterday with GBTC haemorrhage slowing.\xa0\n\nAlthough what yesterday highlights for me is that market makers and OG whales are still very much relevant. \xa0I mean look at the PA yesterday. \xa0They were still able to push it around despite 1B in inflows.\n\nToday will be very interesting..', '1bdi3pz'], ['u/keygen4ever', 28, '2024-03-13 08:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kun9e3q/', '14,625 BTC net etf inflow yesterday [https://www.bitcoinstrategyplatform.com/etfs](https://www.bitcoinstrategyplatform.com/etfs)', '1bdi3pz'], ['u/Downtown-Ad-4117', 29, '2024-03-13 08:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kuna7my/', 'Don’t cry. Your coins are in stronger hands now.', '1bdi3pz'], ['u/zephyrmox', 18, '2024-03-13 08:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunaai2/', 'No, this is BS. Assume that ETFs either buy immediately or hedge immediately. There is no delay - it would open them up to a nightmare of risk due to price moves. \n\nFlows that have happened in ETFs are priced in. Sentiment based on their magnitude is not until release of data.', '1bdi3pz'], ['u/muskor', 31, '2024-03-13 08:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunaiy5/', 'remember the “ETF is priced in” guys? Makes me chuckle.', '1bdi3pz'], ['u/_TROLL', 19, '2024-03-13 08:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunas11/', 'Now imagine a day like this, 38 days from now, after the halving.\n\nToday 14625 BTC = roughly 16¼ days of mining rewards.\n\nLess than six weeks from now, it will be over a month of mining rewards. Bought in a day.', '1bdi3pz'], ['u/Abdeliq', 11, '2024-03-13 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunbg6a/', 'Bitcoin is unstoppable now', '1bdi3pz'], ['u/_2f', 15, '2024-03-13 09:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kundznb/', 'As I had said [yesterday](https://www.reddit.com/r/BitcoinMarkets/s/8JB8X82hn7), today we will know the real power of inflows. GBTC outflows are negligible, and we crossed a billion dollars net. \n\nAnd this makes me think, there were a lot of fresh inflows to other ETFs and fresh outflows from GBTC the other days, than we previously thought. \n\nLet’s wait till we get clarity on how exactly the special dividend will function, what percentage will be split there? That will give us a good idea of future outflows’ strength.', '1bdi3pz'], ['u/monkeyhold99', 23, '2024-03-13 09:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kuneajl/', 'Gotta love making new ATHs day after day. I’m very curious to see when we get an actual pullback.', '1bdi3pz'], ['u/cryptojimmy8', 33, '2024-03-13 09:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunf2wv/', 'Is it exhausting being an american and waking up to a new ath every day?', '1bdi3pz'], ['u/_TROLL', 39, '2024-03-13 09:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfakt/', "Forget the price of bitcoin, it's exhausting just being American. 😛", '1bdi3pz'], ['u/WYLFriesWthat', 11, '2024-03-13 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfqgk/', 'GM. It’s very nice.', '1bdi3pz'], ['u/CirclejerkBitcoiner', 13, '2024-03-13 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunfra5/', "It's so refreshing that something finally turned out to not be a nothingburger.", '1bdi3pz'], ['u/Taviiiiii', 26, '2024-03-13 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunj6cq/', "It's just impossible to get used to these insane inflow numbers. Imagine a few years ago if a corporation or billionaire came out and said I'm gonna buy half a bill of bitcoin everyday for several months to come.", '1bdi3pz'], ['u/SpontaneousDream', 21, '2024-03-13 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunj9c6/', "No. We're still numb from the bear.", '1bdi3pz'], ['u/xtal_00', 49, '2024-03-13 10:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunjp6k/', 'Bitcoin just broke $100k in my national shitcoin, the CAD.', '1bdi3pz'], ['u/spinbarkit', 10, '2024-03-13 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunkuh8/', "don't buy a house with swimming pool for your kids, instead sell your kids", '1bdi3pz'], ['u/phrenos', 20, '2024-03-13 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bdi3pz/daily_discussion_wednesday_march_13_2024/kunl2yw/', 'I’m off on vacation for a week. You boys take care of Ol’ Grandpa Corn in my absence, ok? He takes his Cialis overnight, needs a nap in the afternoon, and weekends off. Expect >80k on my return or there will be hell toupee.\xa0', '1bdi3pz'], ['u/logicalinvestr', 24, '2024-03-13 11:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Mahe, Seychelles--(Newsfile Corp. - March 13, 2024) - Tectum, the decentralized network developed by Crispmind, has made history by becoming the fastest blockchain in the world.\nThis is a significant stride, as the company breaks its own record of 1.2 million transactions per second and extends its streak. The update comes after the final phase of a series of live tests to show how well the blockchain can process transactions.\nIt is unsurprising that several blockchains have been vying for the title of being the fastest blockchain in the world. While there have been countless claims, none of these decentralized networks have been able to back their postulations with adequate evidence.\nTectum decided to prove its claims legitimate by showing actual results of its blockchain\'s capacity. The blockchain firm did a livestream via its YouTube page to ensure that the process was genuine and transparent. In addition, it made access open to everyone who was interested in participating.\nFollowing the completion of the exercise, the company is sharing a detailed report on the result of the second phase of testing.\nResult of the Tectum TPS Test Final Phase\nThe Tectum TPS test final phase lasted well over one hour, with the team conducting over 50 million transactions. Unlike the first stage of the trial, where only Tectum Emission Tokens were transferred, Tectum decided to transfer thousands of SoftNote transactions.\nThe team also explained why SoftNote is used for transactions instead of simply transferring TET. According to Tectum, SoftNote is a more general medium of transfer and can even be used to send and receive fiat currencies and crypto.\nTherefore, it made more sense to use a more general form of transfer, especially since it has the fundamentals necessary to underpin all currency transactions. 8 Nodes were set up to run these transactions to demonstrate the network\'s optimal ability. This will also outline the master nodes, elect nodes, and other technical information.\nAt the end of the trial, here are the results of the Tectum TPS test:\n• Total number of transactions completed: 51,367,124\n• Time taken to complete these transactions: 14.66 seconds\n• Transaction per second speed: 3,502,702\n• Live Streamhttps://youtube.com/live/RZNxpaESVKY\nBy completing the final phase of this trial, Tectum broke its own record of 1.3 million transactions per second and set a new record of 3.5 million transactions per second.\nThis is a monumental achievement, as no blockchain has been able to reach this speed. Notably, the data architecture of this blockchain also handled the high volume of transactions without any glitches. There have been several instances of blockchain networks crashing due to high traffic in the past, as well as recently.\nHowever, Tectum, the fastest layer 1 blockchain, was able to set a new record while running this test. More significantly, almost all the nodes processed no less than 500,000 transactions, with the third node averaging well over 300,000 transactions at once.\nAbout Tectum\nTectum is the fastest layer-1 blockchain, with a speed of 1.3 million transactions per second. It uses proof of utility consensus to process transactions through trusted nodes. Unlike most web3 networks, this blockchain processes transactions in layers, ensuring that there are no traffic congestions or delayed transactions. In addition, Tectum also utilizes zero-knowledge proofs to maintain the privacy of transactions on its network.\nThis blockchain is developed by Crispmind- an intellectual property and software development firm with decades of experience developing cost-effective and customer-centric solutions. For several years, the company has leveraged the experience and expertise of the best developers to create ground-breaking products and services.\nThis ranges from secure messaging and user authentication to blockchain, distributed ledgers, and cryptocurrency. Crispmind\'s innovative approach has led to clients, including private companies and governmental institutions. Regardless of the project, the company\'s principle has always been to "create simple solutions for complex problems."\nSome of Crispmind\'s projects include:\n• Tectum is the fastest layer 1 blockchain in the world, with a proof-of-utility consensus protocol and zero-knowledge proof system.\n• Tectum Wallet - a comprehensive blockchain wallet that is simple to use and enables people to manage their digital assets in one place.\n• SoftNote Bills - crypto cash that makes Bitcoin more spendable.\n• X-Factor Authenticator - a quantum-proof three-factor authentication protocol that utilizes a human-machine security algorithm to ensure maximum security.\nSocial Links\nFacebook:https://www.facebook.com/Tectum.io/\nTwitter:https://twitter.com/tectumsocial\nTelegram:https://t.me/tectumglobal\nWebsite:https://tectum.io/\nYouTube:https://youtube.com/live/RZNxpaESVKY\nSOURCE: Crispmind\nMedia details:\nCompany Name: Crispmind\nPerson Contact Name: Andrew Erikashvili, CMO\nWebsite URL:https://www.softnote.com\nWebmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201642', 'By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO Finanflix\nEver sinceBlackrock(NYSE:BLK) announced itsBitcoin(CRYPTO:BTC)\xa0ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you combined the market caps of major corporations likeCoca-Cola(NYSE:KO),Disney(NYSE:DIS),AMD(NASDAQ:AMD), andIntel(NASDAQ:INTC), their total would still fall short of BTC’s colossal valuation. This staggering growth not only underscores the significant market confidence following Blackrock’s endorsement but also highlights Bitcoin’s expanding influence in the financial world. The waterfall effect is inevitable, with smaller yet substantial funds like Fidelity and Templeton following the same path.\nThe market is rarely wrong when it comes to pricing in announced future events, and today we are witnessing Bitcoin price reaching an all-time high right before its next halving, something we have never seen before. The euphoria over BTC surpassing 73,000 USD is clearly not the same as the euphoria at 69,000 USD during 2021, with a refreshed market and a declining path projection for the Fed funds rate. Furthermore, it\'s worth noting that Blackrock is now buying over 45 million USD of BTC daily.\nLooking at the past, we have seen the cryptocurrency market grow between 10x and 50x after each halving. And we are yet to see an approval for an Ethereum ETF, which Blackrock also presented.\nEthereum(CRYPTO:ETH)\xa0provides crucial blockchain infrastructure necessary for building applications for enterprises. Among the thousands of applications, we find Infura and Consensys, both owned byJ.P. Morgan(NYSE:JPM). So, it would not be too far-fetched to envision a scenario where Ethereum rises above the trillion-dollar market cap in the short to medium term, potentially leading its price to exceed 10,000 USD per ETH. In this case, we could witness a departure from the traditional crypto theory of capital migration, where money flows first into BTC, then into ETH, and subsequently into the high caps, low caps, and altcoins, respectively. This time, Ethereum might be charting its own, somewhat independent trajectory.\nOur analysis at Finanflix concludes that the Ethereum token is becoming increasingly deflationary as activity on its blockchain rises, consequently influencing DeFi behavior.\nAfter Ethereum’s brand and token experience a significant surge, we should expect much of the capital to migrate to DeFi protocols built on its blockchain. Initially, Ethereum\'s infrastructure will struggle to handle the massive increase in transactions, and that is when its Layer 2 protocols such asArbitrum(CRYPTO:ARB),Optimism(CRYPTO:OP), andPolygon(CRYPTO:MATIC), among others, will see a spike in activity. This will put upward pressure on their prices since these protocols\' tokens are necessary to pay fees, and all the money flowing from ETH will naturally gravitate first toward the nearest protocols in terms of use. Having previously seen price returns of over 1000%, we would not be surprised to witness a similar situation under these circumstances.\nA closer look at the decentralized applications (DApps) running on Ethereum could reveal price discovery events with UNI fromUniswap(CRYPTO:UNI), Ethereum’s leading decentralized exchange, surpassing 100 USD per token, orAAVE(CRYPTO:AAVE), Ethereum’s primary lending protocol, reaching 1000 USD.\nFinally, regarding the myriad of low-cap protocols like Verasity or Arkham, not to mention meme coins/altcoins, the potential returns are uncertain. We must remember that when the real bull market hits crypto, the market can become completely irrational.\nToday, the DeFi total value locked is back over 100 billion USD. But this time, the ecosystem is much more developed, the protocols are generating revenue, and the overall market conditions are unlike anything we\'ve seen before. This precedent is likely to elevate DeFi to new levels of validation and trust, and once this happens, we will be witnessing a truly different paradigm. The opportunity cost of skepticism in these times may just be too high.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleDeFi\'s New Dawn: Ethereum\'s Surge Sets Stage for Unprecedented Growthoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Crypto-mining revenues have jumped to a new all-time high of $78 million a day, according to Deutsche Bank.\n• The increase has closely followed bitcoin\'s rally, with the crypto repeatedly setting fresh records.\n• Miners are investing in new equipment ahead of bitcoin\'s halving event in April.\nBitcoin\'srecord-breaking spree is spurring windfall profits for cryptocurrency miners, with industry revenues reaching all-time highs, Deutsche Bank said in a research note.\nOn Monday, daily mining revenue hit a new peak of $78 million a day, climbing in unison with the ongoing bitcoin rally. That same day, the token surged past a$72,000 recordthreshold, though analysts expect even higher price levels this year.\nDriving the rebound is Wall Street\'s emerging embrace of the asset, with 11 spot bitcoin ETFs launched in mid-January. The success of these funds is spurring even more institutions to jump into the race, includingWells Fargo and Merrill.\nOther tailwinds are yet to come, and include regulatory changes, loosening monetary policy, and the highly anticipated halving, Deutsche said.\nThe latter, a four-year event that reduces the amount of bitcoin awarded to successful miners, is pushing firms to acquire new capital. Since February 2023, 13 firms have invested $1 billion in specialized computers and equipment, meant to boost operations.\nIt\'s crucial that miners invest in such upgrades, as halving cycles often cut into profit-taking, leading to firm fallout and consolidation.\n"The last halving took place in May 2020, reducing the miner reward from 12.5 to 6.25 bitcoins per block. Miners saw their profits significantly reduced overnight. Many were forced to shut down outdated rigs that became unprofitable to operate," Deutsche wrote.\nThe next halving is scheduled for April of this year, and will reduce awarded bitcoins to just 3.125. Fierce competition is already evident in rising bitcoin energy consumption, which rose to its highest since September 2022 in annualized terms, the bank said.\nBut for bitcoin investors, the halving cycle should enflame the price rally.\n"In the 30 days prior to the November 2012 halving, prices rose by 5%. A more substantial 13% gain was seen ahead of the July 2016 event. Most recently, there was a sizable 27% price increase in the month before the May 2020 halving," it wrote.\nThe token\'s higher prices could actually mean that miners have to sell less of acquired bitcoin to achieve the same profitability, Standard Chartered analyst Geoff Kendrick pointed out last year. This means that firms couldsell even less of the asset, diminishing supply and causing bitcoin to surge even higher.\nIn his latest forecast, he expects bitcoin to rise to$100,000 before 2024\'s end, boosted by inflows to the ETFs.\nRead the original article onBusiness Insider', '• US stocks traded relatively flat on Wednesday as traders looked ahead to fresh inflation data.\n• The producer price index, a measure of wholesale inflation, is set to roll out on Thursday.\n• The data point could help determine the pace of interest rates cuts later in 2024.\nUS stocks ended mixed on Wednesday, with major benchmark indexes mostly flat as investors eyed upcoming economic data.\nMarkets are waiting on the producer price index, a measure of wholesale inflation, and initial jobless claims to roll out Thursday morning. Traders are also eyeing the release of February retail sales to give a picture of how consumers are faring. Expectations are for retail sales to have increased 0.8% month-over-month, after notching a decline by that amount in January.\nFebruary consumer inflation data this week came in slightly hotter than expected, with consumer prices rising 3.1% last month, according to the Bureau of Labor Statistics.\n"Investors perhaps became overly optimistic about the downtrend in inflation in Q4. Q1 is merely payback," TS Lombard strategists said in a note on Wednesday. "Opinions differ within the team, but we think disinflation still has a little further to go," the note added.\nDespite signs of a robust economy, some investors are anticipating aggressive rate cuts from the Fed later this year. Markets are pricing in 43% chance central bankers could slash rates by 100 basis points or more by December, per theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,165.35, down 0.19%\n• Dow Jones Industrial Average: 39,044.17, up 0.1% (+38.68 points)\n• Nasdaq Composite: 16,177.77, down 0.54%\nHere\'s what else is going on today:\n• People rebuffing recession calls make theoutlook for the economy "dangerously" similar to 2007, according to SocGen\'s Albert Edwards.\n• Rising unemployment is the biggest threat to a soft landing, Nobel laureate Paul Krugman said.\n• Nvidia stock isn\'t even that expensiveat a $2 trillion valuation, according to Bank of America.\n• Crypto miners are pulling in more money than everas bitcoin shatters records.\n• Bearish sentiment on Tesla stock is overdone, according to Wedbush strategists.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 2.8% to $79.87 a barrel.Brent crude, the international benchmark, rose 2.6% to trade at $84.18 a barrel.\n• Goldticked higher 0.2% to $2,163.40 per ounce.\n• The 10-year Treasury yield rose three basis points to 4.19%.\n• Bitcoinjumped 2.3% to $73,220.\nRead the original article onBusiness Insider', "The NFT market appears to be experiencing a sell-off recently, with the price floors of several leading collections dropping significantly in the past week. Major collections like Bored Ape Yacht Club and Pudgy Penguins have seen declines of 37% and 24% respectively, while the broader market sentiment remains subdued.\nThe price floor refers to the lowest asking price for an NFT within a collection, and its decline suggests a decrease in overall demand. This trend is particularly evident among collections minted on the Ethereum blockchain, where February's total NFT trading volume fell over 10% compared to January.\nThis slowdown extends to the revenue generated by major NFT marketplaces. OpenSea, X2Y2, and LooksRare, all saw a significant drop in combined monthly revenue between December and February.\nHowever, Bitcoin Ordinals collections are experiencing a spike in activity. The NodeMonkes collection saw a 65% price floor increase in the past week. This could be due to a number of factors, including an increase in demand for Bitcoin Ordinals and the price of Bitcoin breaking past all-time highs.", 'SINGAPORE,March 14, 2024/CNW/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first nativeBitcoincross-chain protocol that leverages Discreet Log Contracts (DLCs) to enableBitcointo be used inDeFiprotocols while being held in self-custody wallets.\nDLC.Link is a groundbreaking project that aims to bring the power and innovation ofDeFito theBitcoinecosystem without compromising on security, decentralization or user experience. DLC.Link partners with institutions (called "dlcBTC Merchants")\xa0 to mint dlcBTC, adecentralizedwrappedBitcoin. Unlike other forms of wrappedBitcoin, dlcBTC does not requireBitcoindeposits to be held with a custodian or bridged to a separate blockchain.\nTo mint dlcBTC,Bitcoindepositors "self-wrap" by locking their collateral into a DLC which can only pay out to the original depositor. Thus, dlcBTC provides a "theft-proof" protocol, in thatBitcoindeposits cannot be lost through hacks, theft orfraud. Furthermore, since only the original depositor can retrieve funds, dlcBTC is more resistant to censorship than current forms of wrappedBitcoin.\nUnlikeBitcoinL2s or sidechains, which require additional modifications toBitcoin, support for DLCs was added inBitcoin\'s Taproot upgrade. This means that DLCs can leverage the security, liquidity and network effects ofBitcoin, while bridging toDeFiprotocols onEthereumwithout requiring separate validator nodes. Instead, DLC.Link provides a network of DLC Attestors runningEthereumvalidators, provided by popular node operators such as OKX, HashKey Cloud, Republic, P2P, Dextrac and others.\nAki Balogh, co-founder of DLC.Link, said: "wBTC has reached Top 15 token status, despite its centralized custody model. In contrast, dlcBTC is the only wrappedBitcointhat is minted from self-custody. DLCs, which were added toBitcoinin 2021, enable a theft-proof wrapping mechanism without the need to introduce a bridge or L2 chain. dlcBTC will boost the adoption ofBitcoininDeFiand has the potential to become a Top 10 token."\nDora Yue, founder of OKX Ventures, said: "DLC.Link is a pioneering project aimed at bringing the power and innovation ofDeFito theBitcoinecosystem, without compromising security, decentralization, or user experience. We are pleased to support the vision and mission of DLC.Link. OKX Ventures believes that DLC.Link will unlock more value and potential withinBitcoin, and create a more open, inclusive, anddecentralizedfinancial system."\nTo learn more about DLC.Link,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nAbout DLC.Link\nDLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a trustless bridge betweenBitcoinandEthereum. This spring, DLC.Link will launch dlcBTC, enabling depositors to self-wrap theirBitcoinforDeFionEthereumwhile retaining full custody of their assets. This innovation transformsBitcoin\'s role inDeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty.\nFor more details, visitwww.dlc.link\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-announces-investment-in-dlclink-the-first-native-bitcoin-defi-protocol-302088934.html\nSOURCE OKX Ventures\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/March2024/14/c1353.html', 'SINGAPORE,March 14, 2024/CNW/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first nativeBitcoincross-chain protocol that leverages Discreet Log Contracts (DLCs) to enableBitcointo be used inDeFiprotocols while being held in self-custody wallets.\nDLC.Link is a groundbreaking project that aims to bring the power and innovation ofDeFito theBitcoinecosystem without compromising on security, decentralization or user experience. DLC.Link partners with institutions (called "dlcBTC Merchants")\xa0 to mint dlcBTC, adecentralizedwrappedBitcoin. Unlike other forms of wrappedBitcoin, dlcBTC does not requireBitcoindeposits to be held with a custodian or bridged to a separate blockchain.\nTo mint dlcBTC,Bitcoindepositors "self-wrap" by locking their collateral into a DLC which can only pay out to the original depositor. Thus, dlcBTC provides a "theft-proof" protocol, in thatBitcoindeposits cannot be lost through hacks, theft orfraud. Furthermore, since only the original depositor can retrieve funds, dlcBTC is more resistant to censorship than current forms of wrappedBitcoin.\nUnlikeBitcoinL2s or sidechains, which require additional modifications toBitcoin, support for DLCs was added inBitcoin\'s Taproot upgrade. This means that DLCs can leverage the security, liquidity and network effects ofBitcoin, while bridging toDeFiprotocols onEthereumwithout requiring separate validator nodes. Instead, DLC.Link provides a network of DLC Attestors runningEthereumvalidators, provided by popular node operators such as OKX, HashKey Cloud, Republic, P2P, Dextrac and others.\nAki Balogh, co-founder of DLC.Link, said: "wBTC has reached Top 15 token status, despite its centralized custody model. In contrast, dlcBTC is the only wrappedBitcointhat is minted from self-custody. DLCs, which were added toBitcoinin 2021, enable a theft-proof wrapping mechanism without the need to introduce a bridge or L2 chain. dlcBTC will boost the adoption ofBitcoininDeFiand has the potential to become a Top 10 token."\nDora Yue, founder of OKX Ventures, said: "DLC.Link is a pioneering project aimed at bringing the power and innovation ofDeFito theBitcoinecosystem, without compromising security, decentralization, or user experience. We are pleased to support the vision and mission of DLC.Link. OKX Ventures believes that DLC.Link will unlock more value and potential withinBitcoin, and create a more open, inclusive, anddecentralizedfinancial system."\nTo learn more about DLC.Link,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nAbout DLC.Link\nDLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a trustless bridge betweenBitcoinandEthereum. This spring, DLC.Link will launch dlcBTC, enabling depositors to self-wrap theirBitcoinforDeFionEthereumwhile retaining full custody of their assets. This innovation transformsBitcoin\'s role inDeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty.\nFor more details, visitwww.dlc.link\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-announces-investment-in-dlclink-the-first-native-bitcoin-defi-protocol-302088934.html\nSOURCE OKX Ventures\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/March2024/14/c1353.html', "GDP figures for January today raised hopes that the UK is on its way out of recession.\nThe latest print underpinned another decent session for London shares after yesterday’s 1% bounce by the FTSE 100 index.\nToday’s corporate developments included results by Metro Bank and Gym Group, with the latter’s revenues above £200 million for the first time.\nOn Wall Street, shares have slipped back after record highs yesterday, with 2024’s centre of attention Nvidia among the fallers.\n• UK on course for recession exit\n• Zara owner's profits soar\n• UK-Texas trade deal unveiled\n• Gym Group revenues top £200m\nWednesday 13 March 2024 16:53,Daniel O'Boyle\nTomorrow, attention will turn to Deliveroo, as it aims to turn its first full-year profit.\nResults\nJohn Lewis, Savills, Vistry, Deliveroo, Bridgepoint, OSB\nTrading updates\nMoonpig, Trainline, IG, Halma\nEconomics\nUS jobless claims\nIEA oil market report\nWednesday 13 March 2024 16:36,Daniel O'Boyle\nThe FTSE 100 closed at 7772.2 today , up 03x%, as it continues its strong week.\nIt’s the highest close for London’s top flight since May 2023.\nMiners Antofagasta and Glencore led the risers amid a commodities surge.\nFallers included Vodafone and JD Sports.\nWednesday 13 March 2024 16:20,Daniel O'Boyle\nJeremy Hunt has said his ambition to scrap national insurance contributions will not happen in the next Parliament.\nThe Chancellor used his Budget earlier this month to set out a 2p cut in national insurance from April with a vague promise to deliver a simpler tax system by eventually getting rid of it altogether.\nGiving evidence to the Treasury Committee on Wednesday, the Chancellor said: “It won’t happen in one Parliament, but it’s a long-term ambition.\nRead more here\nWednesday 13 March 2024 15:57,Daniel O'Boyle\nCommenting on the US Dollar under Trump, Philippe Miller, Senior Associate at Validus Risk Management, said: “ What will a second Trump term look like? On the surface, his policies appear more populist and nationalist than in 2016. Key proposals include adding a 10% tariff on all imports coming into the US, adopting a 4-year plan to fully phase out all Chinese imports of essential goods, and stopping the flow of illegal immigrants into the US.\n“Over a longer-term horizon, the risks are greater to the downside for the Greenback. With Trump’s plans to increase the debt deficit to fund his agenda, market participants could lose confidence in the USD and its status as global reserve currency.”\nRead more on the American election here\nWednesday 13 March 2024 15:18,Daniel O'Boyle\nGoogle has started the rollout of restrictions on what kind of election-related questions its AI chatbot Gemini will answer as it tries to prevent the spread of fake news during a year when billions of people will vote worldwide.\nThe technology giant said that users in India will be restricted as to what they can ask Gemini, or at least what types of questions it will provide responses to.\nIt is part of the company’s efforts to ensure that misinformation and disinformation is limited in a year when according to the Centre for American Progress more than two billion people in 50 countries will head to the polls.\nRead more here\nWednesday 13 March 2024 15:10,Daniel O'Boyle\nThe FTSE 100 has found more positive momentum today, building on its big Tuesday gains.\nTake a look at our full market snapshot:\nWednesday 13 March 2024 14:52,Daniel O'Boyle\nShell is on the brink of revealing the latest pay package for its CEO, at a time of public concern over sky-high returns for investors and industry executives after high energy prices stoked the cost-of-living crisis.\nThe UK’s biggest energy firm and the second most valuable member of the FTSE 100 is due to publish its annual report tomorrow. It will include details on the remuneration of Wael Sawan, who became chief executive at the start of last year on an annual salary of £1.4 million.\nThere has been speculation among campaign groups that Sawan’s total pay package could amount to between £8 million and £10 million.\nRead more here\nWednesday 13 March 2024 14:12,Daniel O'Boyle\nMiners are among the top risers on the FTSE 100 today, thanks to a surge in the price of a number of key metals.\nBut Adam Vettese, analyst at investment platform eToro, says that there is a risk the higher prices lead to stickier inflation, forcing interest rates to stay higher for longer.\nHe says: “The FTSE 100 was little changed in afternoon trading on Wednesday, despite advances for several major commodity-related components. Glencore, one of the world’s biggest marketers of oil, led the index, rising 3%, as the oil price pushed higher. Copper miner Antofagasta improved by more than 2%, while Anglo American, the world's largest platinum producer, rose 1.5%, alongside a rebound in the price of platinum.\n“Firmer commodity prices in conjunction with yesterday’s hotter-than-expected US inflation data could put a further bump in the road for central bankers. Both the Fed and the BoE make monetary policy decisions next week and although neither are expected to cut rates yet, the incoming data does not yet make much of a case for a cut in May either.”\nWednesday 13 March 2024 14:04,Daniel O'Boyle\nUS stocks have eased off their record highs today in early trading on Wall Street.\nThe S&P 500 is down 0..1% at 5168, though that leaves it up 9% for the year.\nMegacap index the Dow Jones is approaching record territory again, however, up 0.2% to 39,071.23. But the tech-focused Nasdaq is down 0.7% at 16,148.15.\nBig risers on Wall Street include 3M,, Estee Lauder and Haliburton. Fallers include Nvidia, Tesla and McDonald’s.\nWednesday 13 March 2024 13:30,Daniel O'Boyle\nTake a look at today’s market snapshot as Bitcoin’s surge goes on\nWednesday 13 March 2024 13:14,Daniel O'Boyle\nThe US’ main stock index is expected to hover near record levels when trading opens on Wall Street this morning.\nS&P 500 futures are steady at 5,189.75, after traders shrugged off hot inflation figures yesterday.\nDow Jones futures are up 0.1% at 39,238.00 while Nasdaq futures are down 0.3% at 18,241.25 with Tesla and Nvidia among those taking a step back.\nWednesday 13 March 2024 12:57,Daniel O'Boyle\nSales of the new Nothing Phone 2a have already topped 100,000 just hours after it went on sale in signs the London-based smartphone designer has gained a major foothold in the market.\nThe device, which retails at £319, was launched yesterday as a cheaper alternative to the higher-spec Nothing Phone 2 and aims to lure customers away from mid-market rivals and dominant industry players like Samsung in search of lower prices.\nRead more here\nWednesday 13 March 2024 12:49,Daniel O'Boyle\nSupermarket chain Morrisons made a loss of more than £1 billion last year, driven by soaring debt financing costs.\nThe Bradford-based retailer, which was bought for £7 billion by US private equity firm Clayton, Dubilier & Rice (CD&R) in 2021, reported the heavy loss for the year to October 29 in freshly filed Companies House accounts.\nThe £1.09 billion pre-tax loss came after the company recorded a £1.52 billion loss in the previous year.\nRead more here\nWednesday 13 March 2024 12:19,Daniel O'Boyle\nCity expectations on the timing of the first rate cut from the Bank of England were hardening around June today after latest GDP data showed the sickly UK economy only slowly recovering from recession at the start of the year.\nMost analysts believe that the Bank’s Monetary Policy Committee (MPC) will not sanction the start of the rate cutting before then because of the risk of stoking up prices and wages again before inflation is fully conquered.\nHowever, leaving it much later would threaten to undermine the UK’s revival from recession. The Bank’s rate has been at 5.25% since last August when the last of 14 consecutive hikes was ordered by the MPC to rein in an inflation boom triggered by severe post-pandemic supply constraints and the energy price explosion caused by the war in Ukraine.\nRead more here\nWednesday 13 March 2024 11:42,Michael Hunter\nThe head of the City’s main market watchdog warned this morning that workers may still not be saving enough for retirement.\nNikhil Rathi, CEO of the Financial Conduct Authority, said there were “significant gaps” in pension provision and some pots may not “deliver the value and returns needed for an adequate retirement”.\nEven after the “success” of auto-enrolment into workplace pensions, Rathi said:\n“Most of us are still not saving enough or engaging early enough with our pensions’ investments.\n“Whatever the route to improving this and this is challenging as we come through of a cost-of-living squeeze, addressing the adequacy of savings is vital.\xa0“\nOne way of doing that is combining any proliferation of pension savings into one “pot for life”, as flagged in Chancellor Jeremy Hunt’s recent Budget\nThe FCA is consulting on ways to make sure pensions providers are transparent on costs and returns.\n“The aim is to protect consumers from having their pension savings eroded by languishing in underperforming schemes,” Rathi said.\nWednesday 13 March 2024 11:35,Daniel O'Boyle\nAt 7am a year ago today, HSBC swooped in and rescued Silicon Valley Bank UK following the dramatic collapse of its US parent, buying it for £1.\nIt was the culmination of days of horror for Britain’s tech sector. Scores of startups and scaleups suddenly faced losing their bank accounts – their only bank accounts, for many. One founder told me his family were in tears as he geared up to shut the business he spent years building – he didn’t have the funds to pay his own staff, let alone suppliers and contractors.\nAnd so it was a huge sigh of relief when HSBC saved the day. And it reflected well on the government that Chancellor Jeremy Hunt worked through the weekend and into the wee small hours of Monday morning to get a deal over the line. The tech community felt valued.\nBut SVB UK still had questions to answer.\nRead more here\nWednesday 13 March 2024 10:47,Daniel O'Boyle\nShares in Direct Line are down almost 10% as it said it rejected a takeover bid from Belgian firm Ageas.\nThe board also quashed hopes that a future offer could be rejected, saying they were happy as a standalone business.\nAgeas, which had already made a previous approach, followed up with the insurer over a 237p-per-share offer.\nThe firm said: “The Board considered the latest proposal with its advisers and continues to believe the latest proposal is uncertain, unattractive, and that it significantly undervalues Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the latest proposal.\n“The board is confident in Direct Line Group's standalone prospects.”\nDirect Line shares are down 10% to 204.2p today.\nWednesday 13 March 2024 10:23,Graeme Evans\nThe FTSE 100 index is up 14.11 points to 7761.92, led by Glencore after Deutsche Bank restored its “buy” stance with a 540p target price.\nShares rose 7.6p to 407.55p as the bank said there’s a good chance Glencore will again become the leading cash generator in the mining sector, with a potential $2-3 billion top-up shareholder cash return possible in the next year.\nGlencore’s performance bucked an otherwise poor session for mining stocks as Rio Tinto lost 51.5p to 4862.5p and silver firm Fresnillo reversed 9.4p to 454.9p.\nThe FTSE 250 index improved 39.5 points to 19,604.71, with infrastructure projects specialist Balfour Beatty the standout performer.\nThe Hinkley Point C tunnelling firm advanced 8% or 27.4p to 367.2p after annual profits of £261 million came in slightly ahead of City forecasts.\nIt also announced a £100 million shares buyback and sounded an optimistic tone on the market outlook.\nAnalysts at Peel Hunt described the shares as “materially undervalued” after reiterating their “buy” stance and 460p target price in the wake of the results.\nAmong other mid-caps, promotional products firm 4imprint fell 23p to 5827p after reporting a 36% rise in annual profits and a steady start to 2024 trading.\nWednesday 13 March 2024 10:13,Daniel O'Boyle\nKeywords Studios, the London-listed firm that offers services to video game and film studios, saw shares climb this morning on hope that it could take advantage of the entertainment sector’s rebound after a “difficult” 2023.\nThe business saw profits fall by almost 50% to €34 million as film production was slowed by Hollywood strikes while the game sector struggled with a sales slowdown that prompted many studios to slash jobs. One highlight for the firm in an otherwise tough year was the acquisition of movie marketing firm Digital Media Management, which led the campaign to promote the smash-hit Barbie film online.\nInvestors looked past the short-term challenges and were encouraged by CEO Bertrand Bodson’s long-term revenue target of €1 billion (£854 million).\nBodson said that Keywords would benefit as both Hollywood and gaming recover, and could take advantage of the “convergence” between the two sectors.\nThe shares jumped by 13.1% to 1549.5p, but that still leaves them down 46% over the past year.\nWednesday 13 March 2024 09:41,Daniel O'Boyle\nThe UK is set to sign an agreement on closer trade co-operation with Texas as the Government continues to pursue state-level deals in the absence of a wider free trade agreement with the US.\nTrade Secretary Kemi Badenoch and Texas Governor Greg Abbott are expected to formally sign the agreement in Westminster on Wednesday.\nThe agreement is not a trade deal, because individual US states do not have the power to sign these, but is similar to a memorandum of understanding designed to improve co-operation between businesses in Britain and Texas and tackle regulatory barriers to trade.\nRead more here\nWednesday 13 March 2024 08:50,Daniel O'Boyle\nThe FTSE 100 is flat this morning, hovering near the nine-month high it hit yesterday.\nTake a look at our market snapshot.\nWednesday 13 March 2024 08:40,Graeme Evans\nFlutter Entertainment is the best performing FTSE 100 stock after analysts at JP Morgan backed the gambling group with a much higher target price.\nShares in the Paddy Power and Betfair firm rose 2% or 335p to 17,550p after the City bank’s upgrade to 21,300p from a previous estimate of 16,300p.\nIn contrast, rival Entain fell 11p to 751.4p as JP Morgan reduced its target price to 910p alongside a new “neutral” recommendation.\nThe FTSE 100 index was unchanged at 7747 after yesterday’s 1% rise, with other risers including Glencore after Deutsche Bank restored its “buy” stance. Shares in the mining giant rose 4.85p to 404.8p.\nIn the FTSE 250 index, Balfour Beatty shares jumped 9% or 31.4p to 371.2p after results came in ahead of expectations and the infrastructure firm also announced plans for a £100 million buyback of shares.\nWednesday 13 March 2024 08:37,Daniel O'Boyle\nThe Office for National Statistics (ONS) on Wednesday said that the dominant services sector led the economy out of the mild recession of the second half of last year.\nThe figure was in line with City expectations and is unlikely to impact forecasts that the first interest rate cut from the Bank of England will come in June.\nAlthough welcome it was only second increase in GDP in the past seven months underlining how the UK economy is struggling to gain any forward momentum. Services output, which accounts for around 80% of the total, grew by 0.2% in the month. A bounce back on the high street was a major contributor with retail sales growing 3.4% after a dismal Christmas.\nRead more on the rise in GDP here\nWednesday 13 March 2024 08:00,Daniel O'Boyle\nZara owner Inditex saw profits soar to almost €7 billion as the Spanish-founded chain continues to dominate while many rivals in the fast-fashion sector struggle.\nThe business reported sales just short of €36 billion, figures that keep Inditex on top of the low-cost fashion world, as it fends off the challenge of cheaper Chinese rival Shein - which has been looking at a possible blockbuster London stock listing.\nBusinesses such as H&M and the UK’s ASOS and Boohoo have struggled to keep up the same momentum against Shein’s rise.\nCEO Oscar Garcia Maceiras said: Inditex’s performance in 2023 has been excellent.”\nThe firm upped its dividend by 28%.\nWednesday 13 March 2024 07:56,Michael Hunter\nMetro Bank has underlined its commitment to its branch network as it returned to annual profit for the first time in five years.\nBut it will also reduce costs by “a further £30 million” on an annualised basis by the end of 2024.\nIt took on established banks when it launched in 2010 as the the first new high street lender in 100 years. But it teetered on the brink of collapse last year, before a £925 million rescue deal from its existing backers.\nToday, it said its capital position was “secured” with maturities on its debt extended “to 2028 or beyond”.\nIt reported an annual profit for the first time since 2018, of £30.5 million.\nIt also said it was on course to “deliver £50 million of annualised cost savings in Q1 2024”. Around 1,000 jobs have already been lost, over a fifth of its staff, with the departures due “before mid-April”.\nBut it also said today that it remained committed to its branches, saying it would be “opening new stores in the North of England”.\nWednesday 13 March 2024 07:27,Simon Hunt\nThe Gym Group revenues topped £200 million for the first time in 2023, the firm revealed today, as cost-of-living pressures helped the low-cost operator attract more members.\nSales climbed 18% on the previous year as membership numbers rose to 909,000 by the end of February, up 9% on the end of 2023.\nThe Gym Gym said it was eyeing further expansion, opening another 10-12 sites by the end of the year.\nLosses fell from £19.4 million to £5.5 million.\nCEO Will Orr said: “Over the next three years, we aim to strengthen the performance of our core business and accelerate The Gym Group site rollout. There continues to be substantial headroom for low cost gyms in the UK.”\nWednesday 13 March 2024 07:26,Daniel O'Boyle\nRuth Gregory, Deputy Chief UK Economist at Capital Economics, says the latest GDP figures suggest the UK may already be out of recession. We won’t find for certain until the official first-quarter GDP numbers come out May, however.\nShe said: “The news that the economy expanded by 0.2% m/m in January (consensus and CE forecast 0.2% m/m) suggests the UK economy may already have moved out of recession and implies there is some upside to our 2024 GDP growth forecast of 0.0%.\nHowever, she added that the recovery in January was not broad-based. Retail and housebuilding performed extremely well, enough to push the entire economy into growth, but other sectors struggled.\nShe added: “We already knew that the retail sector had expanded strongly in January. That helped to drive a 0.2% m/m rise in services output. But construction output also rebounded by 1.1% m/m after a weak December. That said, elsewhere the figures were more disappointing. Output in the industrial sector fell by 0.2% m/m (mainly due to a fall in mining and quarrying activity). And further strike action (in total 203,000 working days were lost to strikes in January versus 108,000 in December) dampened output in the transport, health and film/TV production sectors.”\nWednesday 13 March 2024 07:20,Daniel O'Boyle\nWhat does the latest GDP reading mean for interest rates? Suren Thiru, Economics Director at ICAEW, says it continues to bolster the case for a summer rate cut.\nThiru said: “While these figures suggest the UK is on track to exit recession this quarter, the squeeze from high interest rates and persistent labour shortages may mean that the recovery is more downbeat than the OBR is predicting.\n“This data won’t alter the expectation that interest rates will remain on hold this month. With the economy struggling and inflation slowing, the case for loosening policy by the summer is growing.”\nWednesday 13 March 2024 07:11,Graeme Evans\nThe FTSE 100 index is poised for a solid session after rising 1% yesterday as global markets rallied in the face of hot US inflation figures.\nThe reading of 3.2% failed to dent Wall Street expectations that the US Federal Reserve is on course to cut interest rates by June.\nThe S&P 500 index rose 1.1% to set a new record high, a performance powered by Magnificent Seven stocks as chip heavyweight Nvidia rallied by 7%.\nAsia markets failed to build on the momentum as the Hang Seng index followed yesterday’s 3% surge with a flat performance and the Nikkei 225 drifted 0.3%.\nAccording to IG Index, futures markets show that the FTSE 100 index will open about ten points higher at 7757.\nWednesday 13 March 2024 07:07,Daniel O'Boyle\nRetail and housebuilding, two sectors that struggled in December, helped lead the rebound in January.\nONS Director of Economics Statistics Liz McKeown said: “The economy picked up in January with strong growth in retail and wholesaling. Construction also performed well with housebuilders having a good month, having been subdued for much of the last year.\n“These were partially offset by falls in TV and film production, lawyers and the often-erratic pharmaceutical industry.\n“Over the last three months as a whole, the economy contracted slightly.”\nWednesday 13 March 2024 07:05,Daniel O'Boyle\nAfter the rise in GDP, Jeremy Batstone-Carr, European strategist at Raymond James Investment Services, said there are signs that the recovery will continue. If the economy doesn’t reverse course in the next two months, the UK will be out of recession.\nHe said: “This economic revival has been brought by a rebound in retail sales, and forward-looking indicators confirm that the economy will continue to brighten in the months to come.\n“The retail sector’s bounce back has proved sufficient to offset stagnation in other parts of the economy, notably industrial production and manufacturing output. The retail sector has also counteracted strikes by junior doctors and rail workers which dampened activity in the transport and healthcare sectors”\nWednesday 13 March 2024 07:02,Daniel O'Boyle\nUK GDP rose by 0.2%, in a sign that the UK appears to be on its way out of a very short and shallow recession.\nThe rise in GDP was in line with market expectations.\nWednesday 13 March 2024 06:47,Simon Hunt\nGood morning from the Standard City desk.\nSlowly, painfully slowly, the heat is coming out of the labour market.\nBut will it cool off enough in time for the string of pre-election interest rate cuts that Rishi Sunak and Jeremy Hunt are counting on to shore up what is left of the Tory vote? Probably not.\nWorking on the assumption of an October polling day (Tory strategists are unlikely to want to be boxed into December of January, and November clashes awkwardly with the US Presidential election) that leaves five Monetary Policy Committee meetings until we all troop to the ballot boxes.\nMarch is way too early, May is in the mix, but more likely it will be June before rate setters make their move, after almost a year of the cost of borrowing stuck at 5.25%.\nThere are then further MPC meetings in August and September. Making the generous assumption of a quarter point cut at each one, that would trim rates to 4.5% by polling day.\nEnough to move the dial? It seems unlikely.\nHere’s a summary of our top stories from yesterday:\n• Wages still growing at an uncomfortably fast 6.1%in the November to January quarter putting a summer rate cut on a knife edge\n• Profits more than halved at major housebuilder Persimmonas number of homes built slumps by a third\n• CMA orders full investigation into vet sectorafter “unprecedented response” to its initial review to find out if pet owners are being ripped off\n• Domino’s eyes expansion to 2,000 UK storesand £2.5bn sales by 2033\n• Energy and commodities trading boosts revenues at City trading house TP ICAPto record £2.19 billion.\n• Pawnbroker H&T sees record lending in January, on top of high demand last year, as Brits continue to look for alternative sources of funds even as inflation eases\n• Nasdaq-listed AI biotech firm Recursion opens first European office in Kings Cross today, CEO tells the Standard it was the best hub for tech & bio talent they could find in Europe\n• And...why AI investors are getting impatient", '(Updates at 0855 GMT)\nBy Harry Robertson\nLONDON, March 14 (Reuters) - The dollar inched higher on Thursday as investors waited for U.S. economic data later in the day, while bitcoin rose to a record high above $73,800.\nThe dollar index, which gauges the currency against six major peers, rose 0.14% to 102.89.\nIt has largely shrugged off Tuesday\'s hotter-than-expected U.S. consumer inflation data and is roughly unchanged since the figures. The index is up around 1.5% this year as U.S. data has shown that the economy remains strong, causing investors to rein in their bets on rapid and deep interest rate cuts.\nData due at 1230 GMT (8.30 a.m. ET) - on producer inflation, retail sales and weekly jobless claims - could provide more clues about the timing of rate cuts.\n"Today\'s data in the U.S. will be quite important… in a quiet market en Last 60 Days of Bitcoin's Closing Prices: [41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-14 Financial & Commodity Data: - Gold Closing Price: $2163.00 - Crude Oil Closing Price: $81.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,395,143,493,100 - Hash Rate: 579720256.0482558 - Transaction Count: 329706.0 - Unique Addresses: 663447.0 Social & AI Sentiment: - Fear & Greed Index: 0.88 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Asset manager VanEck's spot bitcoin {{BTC}} exchange-traded fund (ETF) saw record daily inflows on Monday after cutting management fees to 0% for a year to make it more attractive. The VanEck Bitcoin Trust (HODL) attracted $119 million in fresh funds during the day, adding over 1,600 bitcoin, the most by a wide margin since its launch in January,datacompiled by BitMEX Research shows. VanEck lowered the management fee from 0.2% until March 31, 2025, unless it reaches $1.5 billion in assets under management, making it more attractive in a fierce competition between the newly listed bitcoin ETFs. With Monday's inflows, VanEck's offering became the sixth-largest U.S.-listed spot bitcoin ETF, handling more than 6,000 BTC ($440 million) in assets under management and overtaking rivals Invesco (BTCO) and Valkyrie (BRRR), according to BitMEX data. Spot bitcoin ETFs have enjoyed a streak of strong inflows as the bitcoin price rallied past $72,000 to record highs. Monday brought almost $1 billion of inflows for the nine new offerings combined, more than compensating for $500 million of outflows from the incumbent Grayscale Bitcoin Trust (GBTC), BitMEX data show. Last week, digital asset fund inflowshit record high of $2.7 billion, with bitcoin products attracting $2.6 billion of all flows, CoinShares reported.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SAN SALVADOR (Reuters) -El Salvador will transfer "a big chunk" of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country\'s territory, President Nayib Bukele said on Thursday.\n"We\'ve decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," Bukele, who last month was re-elected to a second term as president, said in a post on X. "It\'s not much, but it\'s honest work."\nAccording to Bukele\'s social media account on Thursday, El Salvador\'s bitcoin portfolio is at close to $407 million.\nThe true size of the holdings remains unclear, but a recent rally in bitcoin values has reignited interest in the world\'s largest, if volatile, cryptocurrency.\nBitcoin on Thursday hit a record high of $73,800.\nIn September 2021, El Salvador became the first country in the world to establish bitcoin as legal tender, earning it harsh criticism. One of the strongest critics was the International Monetary Fund, which has been negotiating a large loan with the cash-poor country.\nBukele has also sketched plans for a tax-free crypto haven powered by geothermal energy from a volcano. As he prepares to enter his second term as president, ground has yet to be broken on this so-called Bitcoin City.\n(Reporting by Nelson Renteria; Writing by Sarah Morland; Editing by Anthony Esposito, Leslie Adler and Michael Perry)', 'Tesla Inc. CEO Elon Musk has been a fan ofDOGEfor some time. He first began discussing the project in 2019, whenhe posted on social media"Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nWhile this post did not have much impact on DOGE at the time, Musk continued posting about the token. He posted a meme about DOGE adoption in July 2020 that was captioned "It\'s inevitable."\xa0 After multiple years of posting, the token took off in 2021, reaching an all-time high of nearly $0.74.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\nIt\'s clear that Musk\'s opinion on the memecoin is valued in the crypto community, and the price of DOGE reacts to his comments.\nSo, it\'s no surprise that Musk\'s latest comments on DOGE made waves in terms of the token\'s price. Musk was in Germany this week, speaking at Tesla\'s gigafactory in Berlin, which recently reopened following anarson attack.\nDuring a Q&A, Musk was asked, "When will I be able to buy a Tesla with Dogecoin?" He replied, "At some point, I think we should enable that."\nMusk also detailed some of the reasons behind his endorsement of DOGE. "The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge. Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that you can buy Tesla merchandise with DOGE, so it has some systems in place to facilitate DOGE transactions.\nAnother important note is that Tesla accepted Bitcoin for purchases of Tesla cars for a short time in 2021. However, the program ended quickly, with Musk citing environmental concerns as the reason to stop accepting Bitcoin. This is important because DOGE is a fork of Bitcoin, meaning it uses the same method of consensus (proof of work) that Bitcoin uses, thereby posing the same environmental risks that Musk mentioned in 2021.\nThis means that electricity use could be a roadblock for DOGE in terms of the ability to use it to buy a Tesla car.\nDespite this, Musk\'s word should be taken at face value. DOGE reacted strongly, going from a low of $0.165 on the morning of March 14 to a high of $0.191, resulting in a gain of over 15%. The token sold off into the afternoon, but the sentiment is still largely bullish.Will dogecoin go upif Tesla were to begin accepting DOGE? Let’s say a $1 price target would not be out of the question.\nFor reference, a $1 DOGE would have a market cap of around $140 billion, approximately one-third that of Ethereum and one-tenth that of Bitcoin.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Breaks Silence On Dogecoin (DOGE): Is $1 Dogecoin Price Target Now Bearish?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged back toward the all-time high reached on Thursday.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app. For 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng slid more than 1%, as did South Korea\'s Kospi.\nMainland Chinese blue chips, however, were little changed, despite the central bank\'s decision to forgo any easing in keeping the medium-term lending facility rate unchanged on Friday.\nJapan\'s Nikkei eased 0.3%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.11% to 148.48 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08765, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin added 1.4% to $71,650, climbing back toward the record high of $73,192.79 from the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 32 cents, or 0.4%, to $80.94.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', 'Tesla Inc. CEO Elon Musk has long been a proponent of Dogecoin (DOGE),first postingabout the project in 2019, saying, "Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nAt the time, the project was still relatively unknown, so it took a handful of other posts and a larger crypto bull market for DOGE to truly take off. The token went viral,creating millionairesand making waves in the press. In 2021, the token reached an all-time high of $0.7376. While it sold off after that, it is starting to see a resurgence in 2024.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThis resurgence was fueled by comments Musk made earlier this week. The Tesla CEO was visiting the Berlin gigafactory, which recently reopened after anarson attack. During a Q&A, someone in the audience asked Musk when they could buy a Tesla with Dogecoin.\n"At some point I think we should enable that," Musk said. Musk then repeated the DOGE catchphrase "Dogecoin to the moon," which raised a cheer from the crowd.\nMusk also went into detail about why he began supporting and endorsing DOGE in the first place.\n"The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge," he said. "Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that Tesla merchandise can be bought with DOGE. This adds to the possibility that Tesla could begin accepting it for cars, as it already has systems in place to process DOGE transactions.\nThere is more context for crypto as a form of payment at Tesla. In 2021, Musk and Tesla began accepting Bitcoin as a form of payment on Tesla vehicles, butthe program was discontinuedwithin a few months. Musk cited environmental factors, saying, "Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel."\nThis is notable because DOGE is based on Bitcoin and uses most of its codebase. Practically, this means that DOGE uses the same consensus model as Bitcoin, so it also produces high emissions. While DOGE does not create emissions at the same scale as Bitcoin, it could still be a factor that Musk considers when taking a closer look at the potential for a DOGE-payment program.\nDespite the past discontinuation of Bitcoin payments, the market took Musks’ comments positively. DOGE was up 15% on the morning of March 14. It will be interesting to see whether Musk takes a deeper look at DOGE and if it can be used to buy a Tesla in the future.\nRead Next:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Says \'We Should Enable\' Dogecoin Payments For Teslaoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• MicroStrategy\'s use of leverage to build its bitcoin trove could deepen a downturn, JPMorgan said.\n• Microstrategy wants to acquire as much bitcoin as possible, founder Michael Saylor has said.\n• Mike Novogratz has warned that too much leverage fueling the bitcoin rally could spark a pullback.\nWhilebitcoinhas been smashing to new record highs, a future correction could be made worse by one bullish firm\'s massive exposure, JPMorgan said in a note.\n"We believe debt-funded bitcoin purchases byMicroStrategyadd leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future," analysts led by Nikolaos Panigirtzoglou wrote on Thursday.\nRising enthusiasm for the token has sent it soaring over $73,000 this week, as newly-formed spot bitcoin ETFs have opened doors to a fresh set of investors. Others are piling in ahead of next month\'s bitcoin halving, an event that historicallyboosts the price to new highs.\nBut according to JPMorgan, MicroStrategy played no small part in the rally, having essentially transformed itself into a leveraged bet on bitcoin.\nThe firm, founded by crypto bull Michael Saylor, has acquired a total of 205,000 bitcoins as of mid-March, a stash now valued at over $14 billion. Building up this trove has become a focal strategy for the company, as Saylor often touts plans toacquire as much bitcoin as possible.\n"It\'s the best investment asset. So the endgame is to acquire more Bitcoin," he recently toldYahoo Finance. "Whoever gets the most Bitcoin wins. There is no other endgame."\nAccording to JPMorgan, MicroStrategy has bought $1 billion of bitcoin this year, adding onto a similar $1 billion purchase in the fourth quarter. To finance these acquisitions, the company has used levered bitcoin investments, Saylor previously explained.\n"We use cheap capital — our average cost of capital is like 1.6%, or something in that range —\xa0 and the combination of leverage, and then offering our shareholders a yield," he said in August.\nNow, it\'s aiming to offer another $500 million of convertible-debt to keep buying up bitcoin, JPMorgan analysts wrote.\nToo much leverage in the bitcoin rally has sparked concern for other commentators as well. Though Galaxy CEO and crypto enthusiast Mike Novogratz generally forecasts the token to rise higher, that\'s not before acorrection to around $50,000.\nThat\'s as the new ETFs have attracted a slew of leverage-dependent retail investors, which isn\'t sustainable.\n"I think the market is too leveraged right now. It happens after huge runs," he toldBloomberg TVlate last month. "There will be a wash out. People can\'t sustain this much leverage."\nRead the original article onBusiness Insider', "Bitcoin's recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today. While it has since recovered to above $70,000, it remains below its all-time high of $73,700 reached yesterday.\nThe dip is attributed to a combination of factors, including concerns over rising inflation and potential selling pressure from Grayscale. Data from the Labor Department's Bureau of Labor Statisticsshowedthat consumer prices rose 0.4% last month, and 3.2% from last year, which is higher than expected. This has raised concerns that the Federal Reserve may not cut interest rates in May as anticipated, leading to a sell-off in digital assets and stocks.\nAdditionally, Grayscale has been moving a significant amount of Bitcoin to its custodian, Coinbase, potentially for selling. Arkham Intelligence data shows that Grayscale shifted around $400 million worth of Bitcoin to Coinbase today.\nGrayscale's selling pressure stems from investors redeeming their holdings in its Bitcoin Trust ETF, which was converted from a closed-end fund in January. This has led to increased supply of Bitcoin in the market, putting downward pressure on the price. Despite the Grayscale redemptions, net inflows for other Bitcoin ETFs have reached a record high, indicating continued investor interest in the cryptocurrency.", "Bitcoin's recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today. While it has since recovered to above $70,000, it remains below its all-time high of $73,700 reached yesterday.\nThe dip is attributed to a combination of factors, including concerns over rising inflation and potential selling pressure from Grayscale. Data from the Labor Department's Bureau of Labor Statisticsshowedthat consumer prices rose 0.4% last month, and 3.2% from last year, which is higher than expected. This has raised concerns that the Federal Reserve may not cut interest rates in May as anticipated, leading to a sell-off in digital assets and stocks.\nAdditionally, Grayscale has been moving a significant amount of Bitcoin to its custodian, Coinbase, potentially for selling. Arkham Intelligence data shows that Grayscale shifted around $400 million worth of Bitcoin to Coinbase today.\nGrayscale's selling pressure stems from investors redeeming their holdings in its Bitcoin Trust ETF, which was converted from a closed-end fund in January. This has led to increased supply of Bitcoin in the market, putting downward pressure on the price. Despite the Grayscale redemptions, net inflows for other Bitcoin ETFs have reached a record high, indicating continued investor interest in the cryptocurrency.", 'A UK court has ruled that Dr. Craig Wright is not the pseudonymous creator ofBitcoin, Satoshi Nakamoto. Wright has claimed to be the inventor of Bitcoin and has asserted copyright over the Bitcoin whitepaper. However, Judge James Mellor has dismissed these claims.\nWright\'s claims have been met with skepticism from the cryptocurrency community, and he has been involved in a legal battle with the Crypto Open Patent Alliance (COPA) and a group of Bitcoin Core developers since 2021. COPA, which is backed by Twitter CEO Jack Dorsey, has accused Wright of fraud and extortion. The trial, which concluded this week, began in a UK courtroom on February 5.\nIn his ruling, Judge Mellor stated: "I will make certain declarations which I am satisfied are useful and are necessary to do justice between the parties. First, that Dr Wright is not the author of the Bitcoin White Paper. Second, Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Third, Dr Wright is not the person who created the Bitcoin System. And, fourth, he is not the author of the initial versions of the Bitcoin software."\nPrior to the trial, Wright offered to settle the intellectual property case with COPA, but the organization publicly rejected the proposal.', 'Xverse, a leadingBitcoinwallet, has announced that it will support the upcoming Runes protocol, a new standard for fungible tokens on Bitcoin. Xverse has added testnet support for Runes, allowing users to interact with Runes tokens and apps on testnet. The wallet will support Runes on mainnet as soon as the protocol is deployed.\nRunes, developed by Ordinals protocol creator Casey Rodarmor, aims to provide a more efficient way to mint and transact fungible tokens on Bitcoin. The protocol is set to launch on Bitcoin\'s mainnet alongside the halving event in April.\n"We\'re very excited to be the first wallet that offers full support for the highly anticipated Runes protocol," said Xverse founder and CEO Ken Liao. "With this testnet support launch, builders can start testing their Runes apps and seed the growth of a new Bitcoin layer-1 ecosystem."\nThe BRC-20 token standard, which is built on top of the Ordinals protocol, has gained significant traction in the past year. However, it has faced challenges such as network congestion and inconsistencies between token indexers. Runes, on the other hand, claims to offer a more efficient and elegant solution. The protocol does not require an indexer and is designed to be more scalable than BRC-20.', 'Xverse, a leadingBitcoinwallet, has announced that it will support the upcoming Runes protocol, a new standard for fungible tokens on Bitcoin. Xverse has added testnet support for Runes, allowing users to interact with Runes tokens and apps on testnet. The wallet will support Runes on mainnet as soon as the protocol is deployed.\nRunes, developed by Ordinals protocol creator Casey Rodarmor, aims to provide a more efficient way to mint and transact fungible tokens on Bitcoin. The protocol is set to launch on Bitcoin\'s mainnet alongside the halving event in April.\n"We\'re very excited to be the first wallet that offers full support for the highly anticipated Runes protocol," said Xverse founder and CEO Ken Liao. "With this testnet support launch, builders can start testing their Runes apps and seed the growth of a new Bitcoin layer-1 ecosystem."\nThe BRC-20 token standard, which is built on top of the Ordinals protocol, has gained significant traction in the past year. However, it has faced challenges such as network congestion and inconsistencies between token indexers. Runes, on the other hand, claims to offer a more efficient and elegant solution. The protocol does not require an indexer and is designed to be more scalable than BRC-20.', 'Two US senators have called on the Securities and Exchange Commission (SEC) to halt the approval of any further crypto exchange-traded funds (ETFs), citing risks to retail investors. In aletterto SEC Chair Gary Gensler, Senators Jack Reed and Laphonza Butler expressed concerns about the potential for fraud and manipulation in the thinly traded markets for smaller cryptocurrencies.\n"Retail investors would face enormous risks from ETPs referencing thinly traded cryptocurrencies or cryptocurrencies whose prices are especially susceptible to pump-and-dump or other fraudulent schemes," the senators wrote.\nReed and Butler also urged the SEC to not allow the recent approval of spot Bitcoin ETFs to become a precedent for further approvals. They argued that while the Bitcoin market is more established and well-scrutinized, the markets for other cryptocurrencies are more vulnerable to misconduct. The senators also called for increased oversight of the already launched Bitcoin ETF products, including regulatory scrutiny of brokers and advisors.\nSome industry observers believe that the success of spot Bitcoin ETFs has upset some lawmakers on Capitol Hill. "The blockbuster success of the Bitcoin ETF is upsetting to high-ranking Dems. Buyer\'s remorse,"saidBloomberg ETF analyst Eric Balchunas.', 'SINGAPORE (Reuters) - Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on U.S. inflation dimmed prospects of early rate cuts there and dented demand for riskier assets.\nBitcoin fell more than 5% in the Asian session to bottom at $66,629.96, before paring some of its losses to last trade 3.5% lower.\nThe choppy moves in the world\'s largest cryptocurrency came a day after its charge to a high of $73,803.25, setting a new record for a fourth straight day.\n"Bitcoin has an established history of getting volatile and ruthless after hitting (a) record high," said Matt Simpson, senior market analyst at City Index.\n"And not only did it recently hit a new high, but it looks like the (Federal Reserve) won\'t be as dovish as traders had hoped."\nA slew of data out on Thursday showed that while U.S. retail sales rebounded less than expected in February, producer prices increased more than expected.\nThe releases came on the heels of U.S. consumer price data out earlier in the week that pointed to still-sticky inflationary pressures.\nMarkets reacted by paring the chances of a Fed easing cycle beginning in June, with futures now pointing to a roughly 60% chance of a rate cut that month, down from roughly 74% a week ago, according to the CME FedWatch tool.\nA higher-for-longer rates scenario, particularly in the United States, is typically bad for risk-sensitive assets such as crypto.\nStill, bitcoin remains nearly 60% higher for the year to date, helped by a crypto frenzy driven by flows into U.S. spot exchange-traded crypto products and as traders remain broadly focused on the prospect of global interest rates being lower by the year-end.\nIn a show of optimism over bitcoin\'s bull run, software firm MicroStrategy said it is planning to raise capital through a convertible bond offering to buy bitcoin for the second time in less than 10 days.\nThe company had on March 5 announced a $600 million private offering in convertible notes, as it looks to increase its exposure to the booming digital asset.\nSome experts say the news also contributed to bitcoin\'s volatile moves on Friday.\n"Unlike traditional stock markets, the crypto market lacks regulations that limit the impact of influential individuals or entities with concentrated holdings," said Joshua Chu, chief risk officer at Invess, an AI-enabled algo risk management financial engineering company.\n"This absence allows whales to make substantial trades that can trigger cascading effects and rapid price fluctuations, leading to heightened volatility."\nElsewhere, ether, the second-largest cryptocurrency, similarly touched a one-week low, and was last down more than 4% to $3,670.\n(Reporting by Rae Wee and Ankur Banerjee; Editing by Kim Coghill)', '(Updates prices at 0545 GMT)\nBy Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged away from an all-time high reached on Thursday, as risk sentiment took a hit.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app.\nFor 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng Index slid more than 2%, as did South Korea\'s Kospi, which fell 1.6%.\nMainland Chinese blue chips, were likewise bruised and edged 0.6% lower. China\'s central bank left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation on Friday.\nJapan\'s Nikkei eased 0.33%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.03% to 148.35 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08735, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin was last 4.6% lower at $67,417, having hit a record high of $73,192.79 in the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 18 cents, or 0.21%, to $85.24 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 17 cents, or 0.2%, to $81.10.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', '(Updated at 0615 GMT)\nBy Ankur Banerjee\nSINGAPORE, March 15 (Reuters) - The dollar was firm on Friday and set to snap a three-week losing streak after hotter-than-expected U.S. inflation data suggested a slight increase in the risk that interest rate cuts from the Federal Reserve may be delayed.\nThe yen was steady with traders on edge ahead of a Bank of Japan (BOJ) meeting next week where it could make a landmark shift away from its negative interest rate policy assuming Japan Inc offers bumper wage hikes as expected.\nBitcoin prices slipped away in volatile trade from a record high touched on Thursday as risk sentiment took a hit. It was last down 4.43% at $67,541.00.\nData on Thursday showed the U.S. producer price index for final demand rose 0.6% in February above the 0.3% rise economists had forecast. That came after figures on Tuesday showed consumer prices increased strongly for a second straight month in February.\nThe U.S. central bank is due to meet next week and while the market is not expecting any change in interest rates, investors will be closely watching for its interest rate forecast, or dot plot and comments from Fed Chair Jerome Powell.\nThe string of sticky inflation reports has led traders to dial back their expectations, with markets now pricing in 60% chance of the Fed cutting rates in June, compared to 74% a week earlier, according to the CME FedWatch tool.\nThe inflation data highlights "the risk that the last mile on taming inflation in the U.S. might not be as easy as progress made to date," said Ryan Brandham, head of global capital markets, North America, at Validus Risk Management.\n"It could give the Fed even more reason to push back the timing of any interest rate cuts in 2024."\nTraders are now pricing in 76 basis points of cuts this year, closer to the Fed\'s own projection in December which showed three rate cuts for 2024.\nThe dollar index, which measures the U.S. currency against six rivals, was 0.068% higher at 103.45, after rising 0.55% on Thursday. The index is on track for a 0.7% rise for the week, its first weekly gain in four.\nThe yield on 10-year Treasury notes eased 1.3 basis points to 4.285%, having gained as much as 10.6 basis points on Thursday.\nEYES ON BOJ\nThe yen was little changed at 148.32 per dollar and is on course for a 0.8% weekly decline, its steepest weekly decline since January.\nThe Bank of Japan is close to ending eight years of negative interest rate policy, with internal preparations for an exit in the works since Kazuo Ueda took office as BOJ governor in last year, sources familiar with the bank\'s thinking told Reuters.\n"A strong shunto wage outcome is widely seen as the last piece of the puzzle that will prompt the BOJ to unwind its ultra-easy monetary policy settings," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.\nPreliminary results of Japan\'s spring wage negotiations are due on Friday, with several of the country\'s biggest companies having already agreed to meet union demands for pay increases.\n"I think right now the market is converging on the idea that BOJ will move anyway, whether it\'s March or April," said Moh Siong Sim, currency strategist at Bank of Singapore.\nThe yen is up 1% against the dollar so far in March.\nAmong other currencies, the Australian dollar eased 0.18% to $0.6569, while the New Zealand dollar fell 0.53% to $0.6099.\nThe euro was down 0.04% to $1.0875, while sterling was 0.15% lower at $1.2735 ahead of Bank of England\'s policy meeting next week. Both currencies were loitering at their lowest in a week.\n(Reporting by Ankur Banerjee in Singapore; Editing by Lincoln Feast and Edwina Gibbs)', '• Senators Jack Reed and Laphonza Butler urge the SEC to block crypto ETPs, citing risks from poor disclosure and thin liquidity.\n• Coinbase’s Paul Grewal counters, highlighting ether’s high trading volume and crypto’s role in financial modernization.\nTwo Democrat Senators are urging the Securities and Exchange Commission (SEC) to block any further crypto exchange-traded products (ETPs) to protect retail investors from risks associated with poor broker disclosure and thin liquidity in major cryptocurrencies.\nSen. Jack Reed (D-R.I.) and Sen. Laphonza Butler (D-CA) write that a FINRA survey disclosed that 70% of brokers’ communications with retail investors violated fair disclosure rules.\n“Brokers’ communications falsely equated cryptocurrency with cash; in others, they provided misleading explanations of cryptocurrency’s risks,” they wrote. “These alarming deficiencies raise significant concerns that brokers and advisers may now provide incomplete and deceptive information about bitcoin ETPs to retail investors.”\nThe Senators also argue that by naming bitcoin exchange-traded funds as such, the name “obfuscates important characteristics about these investments.”\n“Retail investors should be made aware of how these ETPs differ from more common funds which they may have experience,” they said in the letter, writing that bitcoin is not subject to the same protections under the Investment Company Act of 1940 that ETFs which hold shares of various companies would have.\nThe two lawmakers also say that bitcoin {{BTC}} – which they call the most established and scrutinized cryptocurrency – is displaying weakness, and other cryptos are far more susceptible to misconduct.\n“We do not believe that other cryptocurrencies show the trading volumes or integrity to support associated ETPs,” they wrote. “Retail investors would face enormous risks from ETPs…whose prices are especially susceptible to pump-and-dump or other fraudulent schemes.”\n“Respectfully, Senators, the evidence points exactly the opposite way,” Coinbase chief legal officer Paul Grewal wrote in a post on X.\nGrewal pointed out that ether {{ETH}}, thought to be the next digital asset to have an ETF, has a higher trading volume than many S&P 500 stocks.\n“ETH’s spot market is deep and liquid,” he wrote. “Only one S&P 500 stock has lower adjusted bid-ask spreads,” Grewal added that Coinbase had addressed the senators’ concerns when it sent a 27-page comment letter to the SEC.\n“Crypto is an important building block in updating our financial system for everyone,” he concluded.', '(Updates prices at 0815 GMT)\nBy Naomi Rovnick and Kevin Buckland\nLONDON TOKYO, LONDON March 15 (Reuters) - Global stocks were set to end the week on a tepid note, following seven weeks of gains, after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nMSCI\'S global equity index was down 0.2% on Friday and flat for the week, following a strong rally for most of the first quarter of the year.\nThe dollar index, which measures the currency against the euro, yen and four other major peers, added 0.05% to 103.45, following a rally on Thursday, heading for its best week since January.\nThe mood turned cautions after a bigger-than-expected rise in producer prices in U.S. data on Thursday added to a hot consumer inflation reading earlier in the week.\nTraders have cut the odds of the U.S. Federal Reserve, the world\'s most influential central bank, cutting rates in June to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app.\nFor 2024, the market is now pricing in fewer than three rate cuts, down from three to four roughly two weeks ago and around seven late last year.\nU.S. benchmark bond yields, which influence the cost of debt globally, held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months.\nThis move pressured tech shares, with an index of these businesses in Europe 0.5% lower in early London dealings, following a similar slump in Asia and on Wall Street.\nTraders tend to cut tech holdings when they believe these high growth businesses may find it harder to borrow money to fund expansion or because high yields on bonds make speculative equities less appealing.\n"Price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThat, he added, was "raising the spectre of a potential air pocket ahead for the tech-driven rally".\nHong Kong\'s Hang Seng Index slid more than 2%, and South Korea\'s Kospi lost 1.9%.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday that masked a big drop in chip sector shares. Japan was in the global market spotlight, meanwhile, as speculation builds that the Bank of Japan could exit its ultra-dovish monetary policies at its two-day meeting ending next Tuesday (March 19).\nJiji news agency reported on Thursday that the BOJ had started to make arrangements to end its negative interest rate policy at the gathering.\nSources told Reuters that the central bank would debate the end of negative rates while the government also appeared to back a policy shift. Finance Minister Shunichi Suzuki said on Friday that the economy was no longer in deflation.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength, however, was overpowered by the resurgent dollar, which gained 0.2% to 148.6 yen, continuing its rebound from a low of 146.48 a week ago.\nThe euro extended Thursday\'s decline to $1.088, after hitting a two-month high of $1.0980 a week ago.\nElsewhere, oil prices succumbed to some profit taking, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and an increase in energy demand forecasts.\nBrent crude futures for May were down 18 cents, or 0.21%, to $85.24 a barrel. U.S. West Texas Intermediate (WTI) crude for April was down 17 cents, or 0.2%, to $81.10.\nBitcoin edged away from an all-time high reached on Thursday, as risk sentiment took a hit.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle and Mark Potter)', '• Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin. It allows users to create their own layer 2 networks and drives the value of its native BVM tokens.\n• Developers told CoinDesk that the team plans "juicy" airdrops for BVM stakers, which could fuel demand for the tokens.\nBitcoin Virtual Machine, a protocol founded late February, is gaining traction among traders betting on the general growth of the Bitcoin ecosystem, driving demand for its BVM tokens.\nData shows that the project’s BVM tokens have added 35% in the past 24 hours, beating a general market decline. TheCoinDesk 20 Index fell 5.3%in the same period. The tokens have surged to $3.5 from an intitial of 20 cents on March 8.\nThe project lets users spin up their own layer-2 networks on the Bitcoin blockchain. Bitcoin and Ethereum are known aslayer-1 protocols, and attempts to scale and expand them arelayer 2s. While the Ethereum ecosystem has had multiple layer 2 projects aimed at providing faster, cheaper transactions for years, the Bitcoin version really kicked off only in 2023 following the introduction of Ordinals technology.\nThe value propositions for the token are driven by staking rewards for BVM holders and a cut of fees generated by the service, developer @punk3700 told CoinDesk in a direct message interview on X.\n“We have 40%-50% circulating staked by our holders. Working on a few airdrop deals for BVM stakers,” @punk3700 said. “Some of them could be quite juicy.”\nOn Friday, the team said Naka Chain, a Bitcoin layer-2 build on BVM, will airdrop 10.5 million tokens to BVM token stakers. The airdrop is proportional to a user’s staked holdings and will be locked for three months.\nTokens based on the Bitcoin blockchain first started to emerge as an investment thesis in mid-2023, led by Ordinals technology and BRC-20 tokens.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April and allowed users to issue transferable tokens directly through the network for the first time. The tokens, called inscriptions, function on the Ordinals Protocol. That protocol allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions.\n@punk3700 previously told CoinDesk that bitcoin’s usage indecentralized finance(DeFi) applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that there’s a gap for wealthy bitcoin holders to use their assets on native applications, fueling the investment thesis.\nThe BRC-20 tokens have a cumulative $3.5 billion market capitalization as of Friday, CoinGeckodata shows.', '• Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin. It allows users to create their own layer 2 networks and drives the value of its native BVM tokens.\n• Developers told CoinDesk that the team plans "juicy" airdrops for BVM stakers, which could fuel demand for the tokens.\nBitcoin Virtual Machine, a protocol founded late February, is gaining traction among traders betting on the general growth of the Bitcoin ecosystem, driving demand for its BVM tokens.\nData shows that the project’s BVM tokens have added 35% in the past 24 hours, beating a general market decline. TheCoinDesk 20 Index fell 5.3%in the same period. The tokens have surged to $3.5 from an intitial of 20 cents on March 8.\nThe project lets users spin up their own layer-2 networks on the Bitcoin blockchain. Bitcoin and Ethereum are known aslayer-1 protocols, and attempts to scale and expand them arelayer 2s. While the Ethereum ecosystem has had multiple layer 2 projects aimed at providing faster, cheaper transactions for years, the Bitcoin version really kicked off only in 2023 following the introduction of Ordinals technology.\nThe value propositions for the token are driven by staking rewards for BVM holders and a cut of fees generated by the service, developer @punk3700 told CoinDesk in a direct message interview on X.\n“We have 40%-50% circulating staked by our holders. Working on a few airdrop deals for BVM stakers,” @punk3700 said. “Some of them could be quite juicy.”\nOn Friday, the team said Naka Chain, a Bitcoin layer-2 build on BVM, will airdrop 10.5 million tokens to BVM token stakers. The airdrop is proportional to a user’s staked holdings and will be locked for three months.\nTokens based on the Bitcoin blockchain first started to emerge as an investment thesis in mid-2023, led by Ordinals technology and BRC-20 tokens.\nThe BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced in April and allowed users to issue transferable tokens directly through the network for the first time. The tokens, called inscriptions, function on the Ordinals Protocol. That protocol allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions.\n@punk3700 previously told CoinDesk that bitcoin’s usage indecentralized finance(DeFi) applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that there’s a gap for wealthy bitcoin holders to use their assets on native applications, fueling the investment thesis.\nThe BRC-20 tokens have a cumulative $3.5 billion market capitalization as of Friday, CoinGeckodata shows.', 'WithBitcoin(CRYPTO: BTC)now trading above $70,000, the sky\'s apparently the limit for just how much higher the world\'s most popular cryptocurrency can go. The recent launch of the new spot Bitcoin ETFs has led to an outpouring of investor support for Bitcoin, and every day seems to bring the potential for a new all-time-high.\nSo it\'s perhaps no surprise that Cathie Wood of Ark Invest has doubled down on her $1 million price prediction for Bitcoin. She\'s now highly confident that Bitcoin will hit that level well before her earlier predicted date of 2030. If Bitcoin does reach $1 million, it would have increased in price by a staggering 1,328%. So what needs to go right for that to happen?\nThe key driving factor, says Cathie Wood, has been the recent introduction of the newspot Bitcoin ETFs. That immediately unlocked the potential for anyone -- from the smallest retail investor to the largest institutional investor -- to invest in Bitcoin via a trusted, regulated investment product.\nAnd indeed, if you have been tracking the investment flows into these ETFs, the pace has been astonishing. On an average day, more than $500 million can flow into these ETFs, helping to push up the price of Bitcoin.\nIn a span of just two months,BlackRock(NYSE: BLK), has become the largest public holder of Bitcoin in the world, thanks to the runaway success of itsiShares Bitcoin Trust(NASDAQ: IBIT). BlackRock now holds 200,000 Bitcoins, worth roughly $14 billion at today\'s prices. Ark Invest\'s new spot Bitcoin ETF is no slouch either, holding nearly 40,000 Bitcoins.\nGiven this huge institutional buy-in from Wall Street, portfolio strategists are now ratcheting up their suggested Bitcoin asset allocations. Right now, the suggested Bitcoin allocation for investors ranges from 1% to 5%, with 3% starting to emerge as the new norm.\nBut some investment firms are now suggesting even higher Bitcoin allocations. Ark Invest, for example, suggests that the optimal Bitcoin allocation for a portfolio could be closer to 20%.\nIt\'s not hard to see how these increasing asset allocations will have a huge impact on just how much higher Bitcoin can go. When Ark Invest originally came up with its $1 million price prediction for Bitcoin, it was using an asset allocation assumption of 6.5%. So keep a close eye on just how much top investors are suggesting you allocate to Bitcoin. The higher the percentage, the higher Bitcoin is going to go.\nThe next big catalyst for Bitcoin will be the upcoming halving event, now scheduled for mid-April. According to conventional wisdom, the halving will send Bitcoin skyrocketing even higher. In three previous halving cycles (2012, 2016, and 2020), Bitcoin eventually soared to a new all-time-high, and that has made analysts increasingly bullish about Bitcoin\'s price trajectory in 2024 and 2025.\nBut not so fast, saysJPMorgan Chase: The Wall Street giant is now predicting an imminent end to "Bitcoin-halving-induced euphoria."\nFor one, the halving will likely lead to a shakeout among the top Bitcoin miners, who will see their mining rewards slashed by one-half as a result of the halving. And secondly, much of the impact of the halving may already be priced in by top Wall Street firms. If you believe in the Efficient Market Hypothesis (which says that all publicly available information is already included in the price of an asset), this makes a lot of sense.\nAs a result of all this, says JPMorgan Chase, the price of Bitcoin after the halving could fall to $42,000. That would be disastrous, of course, for anyone counting on Bitcoin allocations to tick up past the 5% level. Who\'s going to want to load up on Bitcoin if it\'s rapidly losing value?\nIn January, JPMorgan Chase CEOJamie Dimon called Bitcoin a "pet rock" that "does nothing," and that type of bearish thinking might become the new norm.\nPutting it all toget Last 60 Days of Bitcoin's Closing Prices: [42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-15 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,343,268,844,200 - Hash Rate: 529980321.6844611 - Transaction Count: 307904.0 - Unique Addresses: 749328.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Spirit Airlines Inc.’s bonds got a boost on Friday after the company told investors it was looking to refinance upcoming debt maturities. But their deeply distressed prices suggest it faces an uphill battle to avoid becoming the latest in a long line of US air carriers to go bust. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Putin Orders Hunt for Property of Russian Empire, Soviet Union Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him The company’s 8% notes due 2025 jumped nearly 12 cents on the dollar to 63.25 cents, but still yield almost 40%, signaling bondholders’ skepticism about Spirit’s future. They have good reason to be cautious: with about $2.5 billion in debt and flagging revenue, the budget airline already enjoys no advantages in a market tightening the reins on risky borrowers. A bright spot — and potential lifeline — for Spirit is its fleet, which is one of the youngest among US carriers when there’s a premium on good planes. Airlines have had luck raising money using their fleet and even spare parts, which Spirit began doing in December in a series of sale-leaseback deals on its planes. After a federal antitrust ruling Tuesday scuttled JetBlue Airways Corp.’s proposed $3.8 billion acquisition of Spirit Airlines, stakeholders are rushing to determine the latter’s path forward. Its remaining financing options may require a heavy dose of creativity. Both airlines appealed the ruling Friday in a last-ditch effort to save the deal. Representatives for Spirit didn’t provide a comment Friday on the company’s financial prospects. In statements Thursday, the company said it was “not pursuing nor involved in a statutory restructuring,” and that it “has been taking, and will continue to take, prudent steps to ensure the strength” of its finances and ongoing operations. High-Yield Deal Debt markets have been relatively accommodating in recent weeks, with borrowers looking to tweak some of the terms of their loans and even issuers rated at the lower end of the junk spectrum addressing their maturities. Spirit, however, is contending with challenges stemming from its slim margins combined with payments on leases and debt. The company has bled cash in three of the past five quarters, according to data compiled by Bloomberg. That doesn’t bode well for its refinancing prospects on notes due in September 2025. It’s set to receive $70 million via a “breakup fee” if the merger fails to go through and could also see as much as $500 million from engine maker RTX Corp. to compensate it for problems that have grounded some of its fleet, according to George Ferguson, a Bloomberg Intelligence analyst. These are short-term payments and don’t solve the issue of cash burn. Story continues Valuable Assets Companies like Spirit, which rely on expensive machinery in order to operate, have a history of using their fleet as collateral to borrow fresh cash. The airline could ask current bondholders to swap their notes for longer-dated maturities backed by new or better equipment, in what’s often deemed a distressed exchange. Spirit had a fleet of 202 Airbus SE A320-family aircraft, as of Sept. 30. Delivery delays from aircraft manufacturers, the temporary grounding of Boeing Co.’s Max 9, parts shortages and lengthy or delayed engine repairs have resulted in a shortage of planes across the industry. Spirit’s operating fleet has an average age of 6.4 years, making it second youngest in a group of 13 US carriers, just behind rival deep discounter Frontier Group Holdings Inc., according to data from Cirium. Yet with a business that is fundamentally challenged, even valuable equipment has limits to its appeal. “Whoever provides financing, number one, has to be convinced that Spirit is viable as an independent-going enterprise, and I’m not sure it is,” said Blake Haxton, a credit analyst at Brandywine Global Investment Management. Even though Spirit has its fleet, most of the equipment is already pledged as collateral on existing debt. What remains isn’t enough to support the amount of cash it needs to raise, according to Bloomberg Intelligence’s Ferguson. “That is going to make it extremely challenging.” he said. “They have to manage 2024 very carefully,” and “minimize cash burn.” Private Credit Spirit could alternatively lean on the $1.6 trillion private credit market, which often provides financing in distressed situations. Doing so could also prod existing creditors to cooperate before potential funds from new investors subordinate their holdings and further crush recovery hopes in the event of a bankruptcy or liquidation. “The bondholders have a huge incentive to get in there and help Spirit through the situation,” Ferguson said. Sale for Parts While ending up in the halls of bankruptcy court doesn’t always mean the demise of an enterprise, Spirit’s options are limited when it comes to using Chapter 11 protection to shed burdensome liabilities and reemerge as a more functional business. The industry’s aircraft shortage may mean lessors or banks could decline to negotiate lower rates if the planes would be worth more in the open market, Conor Cunningham, a Melius Research analyst, said in a note. There’s likely not much room to seek employee concessions either, he said, with pilot rates 14% below those at Delta Air Lines Inc. Spirit also may face “a mass exodus altogether” among employees, he added. --With assistance from Mary Schlangenstein, Jill R. Shah, Reshmi Basu, Jeremy Hill and Richard Clough. (Updates to add information about Spirit and JetBlue appealing a federal judge’s ruling blocking their planned merger in paragraph four.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/Electrical-Flower331', 'Stop slashing off FIAT currency', 185, '2024-03-15 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/', "And them attributing the success of BTC, by proving ingredients a measurement of FIAT value!\n\nIt's weird to do that!", 'https://i.redd.it/za67j3wdxdoc1.jpeg', '1bezjxv', [['u/Confidence_Kindly', 22, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuwzhic/', '1 Bitcoin will always be worth 1 Bitcoin. But 1 Bitcoin might be worth 5 Lamborghinis one day.', '1bezjxv'], ['u/Dettol-tasting-menu', 55, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kux0um1/', 'Then don’t use fiat as the measuring stick. \n\nUse real estate, barrels of oil, ounces of gold, years of uni tuition, number of lambo. \n\nUltimately fiat is the unit of account today and it’s the easiest measurement, it’s just easier to convey the message, that’s all. There is no dependency on fiat as the meme seems to suggest.', '1bezjxv'], ['u/DoU92', 16, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxd7nk/', 'Most people here want to buy it for a small amount of fiat and sell it for a lot of fiat.', '1bezjxv'], ['u/Dettol-tasting-menu', 11, '2024-03-15 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxfkrg/', 'Nothing wrong with that at all. \n\nBut the meme OP posted seems to be implying that measuring Bitcoin’s worth in fiat is somehow a gotcha, which is wrong, especially when the figure itself is hitting all time high day after day.', '1bezjxv'], ['u/5932634', 13, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxpoog/', 'You buy bitcoin to have more fiat. \n\nI buy bitcoin to have less fiat. \n\nWe are not the same.', '1bezjxv']]], ['u/digitalundergrad', 'Are you guys buying BTC at the current price?', 203, '2024-03-15 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', "This is a question for the people that have been buying for 3+ years who have bought for much lower prices. I'd really like to buy more but don't want to mess up my DCA which is currently $31k. Personally been waiting/hoping for it to correct to $40k range to buy up a bunch more. Don't know if that will happen though as it is anybody's guess.", 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', '1bezsc5', [['u/AdventurousNorth9414', 14, '2024-03-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzakc/', 'Yes, btc is a long haul coin, not short term.', '1bezsc5'], ['u/Sandcracka-', 335, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzhl4/', 'Yes', '1bezsc5'], ['u/Clnlne', 48, '2024-03-15 00:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzkb9/', 'Yes. $100-200 a day sometimes every other depending on the week/price', '1bezsc5'], ['u/Financial_Clue_2534', 89, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux0tgq/', 'Yea I DCA I don’t care about the price. The goal is to get more Bitcoin', '1bezsc5'], ['u/tacky_pear', 154, '2024-03-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux14ww/', 'Always be DCAing', '1bezsc5'], ['u/explosiveplacard', 100, '2024-03-15 00:59', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1912/', "I couldn't help myself. Put a limit order in at $69,420.00 and it filled within 25 minutes.", '1bezsc5'], ['u/digitalundergrad', 13, '2024-03-15 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1uk1/', 'Wow!', '1bezsc5'], ['u/Clnlne', 29, '2024-03-15 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux2q0k/', "Sorry! That's a recent step up, not something I've been able to maintain for more than a few months. I'm low end blue collar but had been saving for a couple years.", '1bezsc5'], ['u/notagain24', 46, '2024-03-15 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux30mr/', 'Funny I actually bought another $700 today when it dropped below $70,000.\xa0', '1bezsc5'], ['u/Willing_Plane5188', 13, '2024-03-15 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux4sb8/', 'Btc isn’t really a “get rich quick” scene anymore, I just do it out of principle as to not get my savings devalued. It’s been the best performing asset out of everything else and it seems it will remain like that for at least 10 years like Saylor said. It makes a lot of sense to me so I buy 4000 - 5000 every month, I don’t even look at my wallet anymore \n\nI’m also considering retiring in 10 years (hopefully), if that ain’t quick enough I dunno what is', '1bezsc5'], ['u/Mozad1', 24, '2024-03-15 01:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux52o8/', "Yes. \n\nI got into it at the beginning of 2018. \n\nThat hurt, but even during the white knuckle ride down to 3.5K believed in it, so I kept buying. I did the same during the next bull run and will be doing it during this one. \n\nThink of it this way: if I bought when it was plummeting to 4K and everyone was calling it a bubble, why wouldn't I buy it when it finally enters the traditional world of finance?\n\nPlus I don't need the money. I'm not leveraging anything. Just a daily or weekly buy.", '1bezsc5'], ['u/Own_Sky9933', 15, '2024-03-15 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux55ox/', 'Best thing I did was add the recurring buys through the week. Every once in a while I get FOMO and buy on top that. Always be stacking.', '1bezsc5'], ['u/bonni187', 14, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux98sr/', "If you don't think it can get to one million, you haven't done your research. It's not competing with Berkshire, it's competing with gold, real estate, all asset classes. Start buying and start learning!", '1bezsc5'], ['u/HodlVitality', 62, '2024-03-15 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux9jqz/', 'If 70k makes you feel this way about 40k… what is 100k going to make you feel about 70k… it’s just emotions and perspective. But I’ve only been buying for about half a year to be fair', '1bezsc5'], ['u/speedingmedicine', 186, '2024-03-15 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxaw8z/', "Daily price is irrelevant for its long term value. I was a buyer at 16k and I'm a buyer at 70k.", '1bezsc5'], ['u/guessWho3marz', 12, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxd4he/', "What's dca?", '1bezsc5'], ['u/internationalskibidi', 83, '2024-03-15 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdsdj/', 'Diet coke addiction. Poor chummer.', '1bezsc5'], ['u/AlbatrossSuper2456', 17, '2024-03-15 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdv04/', 'Dollar cost averaging', '1bezsc5'], ['u/Status-Seaweed-5705', 24, '2024-03-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgpjc/', 'You wont see 40k$ ever again in my opinion.\n\n70k$ might be high today, but there will come a time when these prices will be the lows', '1bezsc5'], ['u/holliander919', 89, '2024-03-15 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgvh7/', 'Amateur.\nI had one at 69,420.69\n\nFor this Premium price I had to wait about 4 hours though.', '1bezsc5'], ['u/mrluxrius', 13, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxi71f/', '100$ every monday, I will be buying the top forever.', '1bezsc5'], ['u/Lurchco3953', 10, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxicgl/', 'I had 69469', '1bezsc5'], ['u/B1GCloud', 10, '2024-03-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxlp98/', 'The answer is always yes', '1bezsc5'], ['u/jskol3', 12, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxnd1l/', 'Some day I think people will be talking about how sub $100k was a steal', '1bezsc5'], ['u/iamnik77', 14, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxpsll/', "Bought some today. Also bought at $2500, $10000, $16000, $20000, $25000, $28000, $36000, and $40000. Always disappointing that today's buys will not be as impactful as buys from a few years ago but what else can I do? We know where USD is headed.", '1bezsc5'], ['u/Minute_Disk9857', 12, '2024-03-15 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxq3qg/', 'save half your money for a large correction. and dca the other half?', '1bezsc5'], ['u/Chris82Price', 11, '2024-03-15 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxql11/', 'Me too I bought more today for the cold storage wallet', '1bezsc5'], ['u/yapel', 35, '2024-03-15 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxqpvl/', "you don't go all in, you just buy a little at a time no matter if its high or low.", '1bezsc5'], ['u/thats_so_over', 12, '2024-03-15 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxs8ei/', '40k is definitely possible. Not saying it will happen but it wouldn’t surprise me at all. \n\nI think sub 20k is over though.', '1bezsc5'], ['u/sixfootnine', 21, '2024-03-15 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxtru8/', "First rule of DCA is to NOT try and time the market. Also, we're on pace to 100k pre-halving.", '1bezsc5'], ['u/MarcusthePhilospher', 22, '2024-03-15 04:16', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxuyj5/', 'Asking this in a Bitcoin group is ridiculous', '1bezsc5'], ['u/bigheader03', 64, '2024-03-15 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxvkdq/', "Same, my DCA strategy has been to buy double the amount in BTC it cost to fill my gas. \n\nSo filled up last night at $72, bought $144 of BTC. Been the best decision I've made in regards to my crypto investments.", '1bezsc5'], ['u/guessWho3marz', 14, '2024-03-15 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxwqff/', 'Thank you alot for this information', '1bezsc5'], ['u/111ascendedmaster', 90, '2024-03-15 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxzntd/', 'Buyer here at 150, 3k, 6k, 12k, 18k, 23k, 40k, 60k', '1bezsc5'], ['u/MegaSuperSaiyan', 11, '2024-03-15 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy03vq/', 'The best performing investors are famously the dead ones. Everyone who bought at $100 and sold for $1000 thought they were geniuses until it went to $20k. Then we got a new wave of geniuses… You should only sell appreciating assets when you need to spend the money or you no longer think they’ll outperform other opportunities.', '1bezsc5'], ['u/wysiwywg', 10, '2024-03-15 05:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy511x/', '$150? Damn', '1bezsc5'], ['u/YellowCore', 15, '2024-03-15 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy9flx/', 'Only number that matters, The Number of Sats', '1bezsc5'], ['u/DAKrause', 23, '2024-03-15 06:22', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuy9mou/', "That's one heck of a day.", '1bezsc5'], ['u/OpportunityOk137', 12, '2024-03-15 06:44', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuybs2u/', 'I like it! I’ve considered the cost of groceries as a benchmark.', '1bezsc5'], ['u/gtbifmoney', 11, '2024-03-15 07:35', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuyg9b8/', 'Motherfucker you are not buying $73,000 worth of BTC every year…', '1bezsc5']]], ['u/Marsyards_slimy', 'SOLANA IS PRINTING …………………………………..', 56, '2024-03-15 01:12', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/', 'Since Solana has been rising rapidly has anybody been taking profits or are you guys waiting till later on after the Bitcoin halving? I just want to know everyone’s ideas and exit plan to help me decide how I’ll be taking profits. Original plan was to start to DCA out a year after the halving. It’s just scary how fast it’s going up. Thanks guys! ', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/', '1bf0f8d', [['u/Arcadespirit', 19, '2024-03-15 01:24', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux58xy/', 'Waiting until my personal target, been holding a while.', '1bf0f8d'], ['u/GenoPax', 11, '2024-03-15 01:29', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux601l/', 'I have several targets but I probably won’t empty all my humble bags.', '1bf0f8d'], ['u/neoatomium', 50, '2024-03-15 01:33', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux6kdk/', 'We say that all cycles are different and… this one will be very different (never BTC reached an ATH before a halving ! And we have never seen such an inflow coming from institutional investors before)\n\nIn 2021 I sold a part of my bag at 65$ (in part to pay works in my apartment). My friends told me it was too soon (true but I needed to pay the workers). I also sold past the ATH down to 150/120/100$. I bought back at 60/40/29 in 2022 and 2023 (selling at 65$ in 2021 wasn’t that stupid after all).\n\nSell if you need money, sell if you feel secure, be ok to never sell at ATH and never buy at ATL. There are always opportunities.', '1bf0f8d'], ['u/dope_ass_user_name', 19, '2024-03-15 01:45', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kux8gyp/', "Unless you need the cash, why sell or try and time. Yeah if it hits $350+ USD, maybe take some profits, but I'm not gonna try and time things. Solana ain't going nowhere!", '1bf0f8d'], ['u/GladReference1177', 10, '2024-03-15 02:24', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kuxehbi/', '$500', '1bf0f8d'], ['u/UpdateDaved', 12, '2024-03-15 04:07', 'https://www.reddit.com/r/solana/comments/1bf0f8d/solana_is_printing/kuxtp7x/', '$300 but if it gets there before July then $500', '1bf0f8d']]], ['u/HVS_Night', 'Buy now or wait for post-halving correction?', 33, '2024-03-15 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/', "So while this question is commonly reiterated in the sub, some factors are making me have a tough time predicting my next buy-in. \n\nFirstly, The ETFs are putting so much resistance and buy pressure on BTC and soon ETH that I'm wondering if we are even going to get a post-halving dip, or if the dip is going to reach lower levels than right now. Usually, whales dump some liquidity after the halving promotes a spike in price causing a mass dip, and then buy back causing a massive appreciation in the summer times. But when large companies such as BlackRock have to continuously buy btc to meet etf demand.\n\nSecondly, we haven't even had any corrections this run-up so far. Usually, we see constant 20-30% dips even before halving, so far, BTC has been a stable appreciator, which in all honesty is unlike crypto. There's a possibility whales are bringing up consumer interest and demand to keep buying and then suddenly dump and liquidate all of those retail buyers. Im assuming that, that hasn't happened yet because there isn't that much retail in yet. Most of the recent price appreciation was due to the ETFs, so I'm assuming to expect the unexpected soon.\n\nLastly, there's a strong BTC dominance going on right now, while there are some strong gains in meme coins and AI coins, so far altcoins have more or less been showing stable growth but nothing astronomical that we could expect in an altseason, hinting that the real run-up hasn't happened yet.\n\nAre you guys buying or waiting now?", 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/', '1bf0g92', [['u/Enschede2', 16, '2024-03-15 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux5h9j/', "I mean there's no guarantee there will be a posthalving correction, I feel like there will be but there's no guarantee, and even if there is there's no way of knowing where the bottom will be compared to the prices of today.. Tho I'd stick to utility and/or just bitcoin til that happens, but that's just me", '1bf0g92'], ['u/hiorea', 12, '2024-03-15 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux5tee/', "I bought a few alts during the recent mini dip, and they're already showing a profit. I'll continue to hold onto them as long as they're making money, especially if things start to go parabolic", '1bf0g92'], ['u/Odysseus_Lannister', 22, '2024-03-15 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kux90y5/', 'Smh yall forgetting the tax return money about to flood in. \n\n/s', '1bf0g92'], ['u/Smooth_Talk', 40, '2024-03-15 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuxdb8q/', "We did see about a 20% dip with a strong recovery that's led into this way too early bull market. Just after the efts got approved we dipped before this big bounce up, but going 48k to 39k is hard to notice when we're at 70k in just a few months. \n\nBy all historical accounts we are wayyyyy out of line right now. We have never beaten the last ATH pre-halving, last bull cycle had a double peak with a 50% retrace in between which was a first for a cycles peak. If there's a time for us to not see the classic dip it truly is right now. The ETF pressure, the lacking supply available, it's kind of a perfect storm.\n\nThe lingering question for me becomes will we ever see the 500-550 day post halving market peak cycle repeat. Historically the market peaks in that timespan after the halving then slams down up to 90%. Will that even happen again? Will we ever see another obvious flash sale or will this boomer money pressure stop that from happening.", '1bf0g92'], ['u/ChiSox1906', 11, '2024-03-15 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuxsl3l/', "The best answer is almost always to DCA, otherwise it's gambling. You don't know if the price will dip, or only go up. Even the big investment firms DCA buying a certain number every hour or day. I'm not really one you should go to for financial advice, but you could decide how much you want to invest and divide that out over the next 6 months as a mini DCA since immediate future is unknown. Hell, any large purchase is gambling just on where it is in the day. That's why we DCA.", '1bf0g92'], ['u/thinkingperson', 10, '2024-03-15 06:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuy8yup/', 'I just DCA every day, and when it dip hard, I DCA one more time. If it dips double time, I DCA double time.', '1bf0g92'], ['u/purzeldiplumms', 13, '2024-03-15 07:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuygvk9/', "I'm not buying after Bitcoin did a 4x. Time in the markets my ass, time to buy was 2023", '1bf0g92'], ['u/alt_plex', 10, '2024-03-15 07:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuyi3df/', '"Will that even happen again?" Institutional investors will not held all BTC they bought forever. My opinion, it will be the greatest pump and dump we never seen before', '1bf0g92'], ['u/Medium_Change4574', 11, '2024-03-15 09:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf0g92/buy_now_or_wait_for_posthalving_correction/kuynilt/', 'Buy alts then', '1bf0g92']]], ['u/Longjumping_Ad3447', 'Michael Saylor sees BTC at 5 000 000 Dolar in 10 years', 271, '2024-03-15 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/', "He thinks the next 10 years will be the gold rush on BTC. What's your opinion?\n\nWill this asset stay for a long time like he says in the interview with Crypto Nutshell? ->\n\nhttps://youtube.com/shorts/Uji3R_et6yk?si=aecWREbDUHfoN4-M", 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/', '1bf0rar', [['u/bubbathespaz', 160, '2024-03-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kux7qnm/', "It's going up forever Laura.", '1bf0rar'], ['u/Just1_More', 118, '2024-03-15 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kux9td4/', "I think he's a bear", '1bf0rar'], ['u/speedingmedicine', 10, '2024-03-15 01:59', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxar4a/', 'He said 10 not 2', '1bf0rar'], ['u/KitchenBreadfruit816', 13, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxd833/', 'Maybe 10-15 years. But please don’t listen to me as I’m talking out of my arse lol', '1bf0rar'], ['u/Hannibaalism', 25, '2024-03-15 03:10', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxlggm/', 'but what will 5 000 000 dollars mean in 10 years', '1bf0rar'], ['u/roadtothesecondcomma', 59, '2024-03-15 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxlkn7/', 'Maybe an obvious take but I believe that as long as inflation exists then it’ll keep going up. I remember when a 100k salary was a big deal. Now a 500k salary is a big deal. I remember when a 20 dollar bill was enough to go out and have fun. Now it’s 50. Soon it’ll be 100. History shows that’s been the trend and it doesn’t seem to end. Bitcoin will just keep going up as fiat continues being fucking shit.', '1bf0rar'], ['u/Normal-Jelly607', 10, '2024-03-15 03:17', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxmhlw/', 'Companies require forever increasing profits to increase their market cap. Bitcoin doesn’t have to do anything to increase its market cap.', '1bf0rar'], ['u/Daisyssssmom', 32, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxngsc/', 'One banana', '1bf0rar'], ['u/Ok-Feeling7673', 15, '2024-03-15 03:30', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxodvd/', 'Over 100 trillion market cap?', '1bf0rar'], ['u/WarmMillerLite4-2', 19, '2024-03-15 03:32', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxooiq/', 'It’s somewhat in perspective and location for sure. 100k/yr is still nothing to sneeze at in my world. About half that still gets you a ranch house with granite countertops, a blacked out 2019 RAM rebel with 30,000 miles on it and still keeps the fridge full for the wife and kid with at least 1 vacation a year. Definitely not functional in major cities I know but it can still be pretty comfortable', '1bf0rar'], ['u/hypebeasts101', 29, '2024-03-15 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxqyrh/', 'Poverty level is a ridiculous stretch but you’re definitely not rich.', '1bf0rar'], ['u/TheHoodOG', 13, '2024-03-15 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxrr1g/', 'Twice the S&P 500!?', '1bf0rar'], ['u/SophonParticle', 35, '2024-03-15 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxt9ss/', 'Only 15% of Americans make $100k or more.', '1bf0rar'], ['u/throwawaysnitch4cash', 13, '2024-03-15 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxui9h/', "Exactly. 100K a year from a remote job in a developing nation will go SUPER FAR. That's like 300-400K in a country like the Philippines, for example. You can buy a 2 story 4bed 3bath home in Dominican Republic EACH YEAR with that kind of money.\n\nIf someone can do remote work and make that kind of money, they could live like a fucking king in many parts of the world.", '1bf0rar'], ['u/Rydog_78', 89, '2024-03-15 04:25', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxw355/', 'And people will want to own it more at 5 million than they do at 70k. That’s the strange thing about Bitcoin. People desire it more when it increases in value. I guess it’s a psychological thing.', '1bf0rar'], ['u/Romando1', 13, '2024-03-15 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuxw8sl/', 'Same. I think it’s around double what he thinks.', '1bf0rar'], ['u/callebbb', 29, '2024-03-15 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy4445/', 'Another million bitcoin left to be mined, and 3/4ths is coming over the next 8 years.\n\nThe absolute scarcity of Bitcoin is like no other, and thus it is very tough to estimate. All analysis is done with hindsight, so historical data skews forecasted returns. \n\nBitcoin will continue to outperform everything. Shits about to get willlllllldddddddddd.', '1bf0rar'], ['u/callebbb', 12, '2024-03-15 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy4p6y/', 'lol right? These mfers. Oh the 100k/yr Seattle residents and their roadkill gumbo dinners and their grits with butter breakfast…. smh. \n\nWhatever. I shouldn’t gatekeep poverty. I’m sure you feel poor compared to your rich friends, I guess. But technically it’s no where near poverty. \n\nQuestion is how much bitcoin you got? That’s how you measure wealth today. Dollars are Monopoly money.', '1bf0rar'], ['u/johnso21', 23, '2024-03-15 05:57', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy72hh/', 'Well good thing there’s always money in the banana stand', '1bf0rar'], ['u/solarservant', 33, '2024-03-15 05:58', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuy76o3/', "I mean... people desire gold more as it increases in value too. This is true of almost everything that can have value assigned to it. \n\nThe fact that people are continuing to buy BTC even as it's dollar value goes higher is a recognition of it's future scarcity. We all feel that we are discovering something groundbreaking early, which I hope we are.", '1bf0rar'], ['u/sweetsimplesauce', 28, '2024-03-15 07:34', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuyg6jj/', 'There is a term for what you\'re describing. That term is veblen good. \n\n"A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own."\n\nhttps://en.wikipedia.org/wiki/Veblen_good', '1bf0rar'], ['u/Healthy_Radish', 14, '2024-03-15 07:49', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuyhfas/', 'Perceived quality of life is going down.', '1bf0rar'], ['u/marosszeki', 11, '2024-03-15 09:29', 'https://www.reddit.com/r/Bitcoin/comments/1bf0rar/michael_saylor_sees_btc_at_5_000_000_dolar_in_10/kuypj01/', "No in the past 7 years ish it went from 1k to 70k. That's a 70x. 5M is also a 70x from here.", '1bf0rar']]], ['u/Massive_Hovercraft_2', 'It’s like she KNEW she was gonna make the shake an issue', 68, '2024-03-15 01:28', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/', 'She had this woman make her shake not one, not two but THREE times today. That is so much food waste and not only that she looked at the camera right before she tried shake number one and said “let me taste it real fast” as if she KNEW she was going to complain.\n\nI can’t stand her and if any of her minons who donate money to her have an abundance of cash please donate to a trans organization that actually cares about more than themselves - https://donate.lalgbtcenter.org/donations/twc/', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/', '1bf0s0t', [['u/ComfortableStreet272', 17, '2024-03-15 01:35', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kux6z36/', 'Post it on tiktok gossip as well!', '1bf0s0t'], ['u/Kferris1210', 44, '2024-03-15 01:38', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kux7gir/', 'She is absolutely insufferable', '1bf0s0t'], ['u/bubbashrump', 52, '2024-03-15 02:16', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxddve/', 'She totally gets off on being a total fucking nuisance.', '1bf0s0t'], ['u/Alternative_Cat_1292', 34, '2024-03-15 02:48', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxi84w/', 'After the second time I would’ve been like no you need to pay for that or we can’t serve you. It’s obvious we can’t make you happy so maybe maybe you should just go somewhere else', '1bf0s0t'], ['u/True_Career3883', 24, '2024-03-15 03:01', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxk49c/', 'Who tf put in her head that this is acceptable behavior?? She is a living breathing nightmare, a shameful trash human who belongs where the countless meals she sends back end up.', '1bf0s0t'], ['u/Visual_Lettuce9474', 42, '2024-03-15 03:34', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxoymq/', 'Never in my life have I ever sent a milkshake back. Or anything, else. I would just think “I don’t like the milkshakes here” and just not go to said place for another milkshake. \n\nBut Lilly in all the WMP that envelopes her needs to send back multiple milkshakes. “BeCaUsE she spent $10 dollars” is fucking insane. It’s free money from delusional lulus!', '1bf0s0t'], ['u/bubbashrump', 17, '2024-03-15 03:34', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuxozlm/', 'Having them remake it because it doesn’t taste chocolatey enough is just absurd.', '1bf0s0t'], ['u/Disastrous_Horror593', 12, '2024-03-15 05:02', 'https://www.reddit.com/r/Lillytino_snarkk/comments/1bf0s0t/its_like_she_knew_she_was_gonna_make_the_shake_an/kuy0wlm/', '![gif](giphy\|bqWXmLof5ffR9Mw8gt)\n\nShe is such a c u next Tuesday and i never use that word but if the shoe fits…….🤣🤣🤣', '1bf0s0t']]], ['u/RecycIops', 'I’m going to put half my paycheck into crypto until end of year', 201, '2024-03-15 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/', 'Title sorta says it all. I decided it’s time. I bought my first 0.5 bitcoin back in March 2014. I’m coming up on my 10 year of being exposed to crypto. Unfortunately I was young and poor and stupid and didn’t know what I stumbled upon. Fast forward to April 2017 when I got into ETH at a $178 average. Ended up selling about even that year prior to the run up for about even as I was buying a house. Point is. I’ve been exposed to 3 cycles now and this isn’t rash. These will be mostly long term holds and the half the paycheck reflects more so what my investment strategy was going to be for the year anyways. I currently have about $10k worth of crypto but will be starting to invest heavily on a weekly basis. I am self employed so the income is sporadic but the principle will remain the same. I currently own in some fashion\n\nBTC\nETH\nCRO\n\nAnd a couple meme tokens:\n\nCroge (Doge of Cro) & Dodo (Pepeverse token on ETH)\n\nI’ll be loading up on BTC ETH and Dodo primarily. BTC and ETH as a relatively safe investment and Dodo because Pepe memes seem to be where this market has gravitated towards. I will probably go with 25% BTC 25% ETH 50% Dodo as I believe we are in an early bull market and memes will fly. Eventually I’ll rotate back to BTC and ETH only towards the end of the cycle as I try to be cognizant of an impending cycle top later this year or 2025. \n\nIf people are curious I’ll provide updates but really just wanted to memorialize this and see if in a year this was a great idea or a horrible idea. ', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/', '1bf12ux', [['u/MatchboxVader22', 16, '2024-03-15 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxfd13/', 'Just make sure you know when to pull out (that’s what she said). \n\nBut in all honestly, if I were you, I’d have been doing that 2 years ago during the bear market. I put my bonus and tax refund when Bitcoin was like 19k last year. Man, that so payed off.', '1bf12ux'], ['u/AlabamaHaole', 22, '2024-03-15 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxfupt/', 'You decided this about two years too late. If you keep doing it after the next big crash in 2025 or so, that’s how you make real money.', '1bf12ux'], ['u/joannew99', 320, '2024-03-15 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxh4e8/', 'I don’t understand u people who have been in crypto for years but are just now deciding to take it serious at ATH. You could’ve done this last year when BTC was $20k', '1bf12ux'], ['u/KaydeeKaine', 76, '2024-03-15 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhhx8/', "No need to wait 1 year. Can tell you right now you'll paper hand those shitcoins", '1bf12ux'], ['u/RecycIops', 19, '2024-03-15 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhlmf/', 'My comments have shown that i would have loved to but haven’t had the discretionary income to do so until this year. I did a little back in 2018 but ultimately had to sell for life events but it is what it is. It’s a longer term strategy so the same could have been said to people back in 2017 who would now be up 4x on a top cycle purchase', '1bf12ux'], ['u/joannew99', 53, '2024-03-15 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxhpi9/', 'Just 3 months ago BTC was $40k this just sounds like gambling FOMO', '1bf12ux'], ['u/KaydeeKaine', 30, '2024-03-15 02:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxi8k8/', "You're the one who's stating you'll check back in a year.", '1bf12ux'], ['u/tendy_trux35', 46, '2024-03-15 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxio3u/', 'It’s quite interesting how many people magically have the disposable income to toss a bunch per paycheck into crypto once BTC and other coins start touching ATH. You rarely (if ever) see these types of posts when it’s cratering in the bear market.', '1bf12ux'], ['u/introvertedguy13', 24, '2024-03-15 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxjq61/', 'Signs that we are sooo back.', '1bf12ux'], ['u/dwspiral113', 56, '2024-03-15 03:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxlns2/', 'This is an absolute trainwreck', '1bf12ux'], ['u/Simke11', 135, '2024-03-15 03:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxn5l2/', 'Happens every time without a fail. BTC on deep discount - "crypto is a scam lol you gonna lose your money", BTC sets new ATH - "is it a good time to enter now?"', '1bf12ux'], ['u/tristamus', 38, '2024-03-15 03:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxnnpj/', 'Pure, unabashed FOMO', '1bf12ux'], ['u/oroechimaru', 19, '2024-03-15 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxobll/', 'Please no, diversify\n\nMax out your 401k (work match) and setup a roth to do some etfs too\n\nThen put a smaller amount into crypto you are willing to gamble\n\nIts your life to shill away or be someones exit liquidity be careful', '1bf12ux'], ['u/NGsyk', 14, '2024-03-15 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxorc6/', 'Which, ironically, is when you want to buy.', '1bf12ux'], ['u/6M66', 11, '2024-03-15 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxoueg/', 'We gotta start selling kidneys man.', '1bf12ux'], ['u/d_d0g', 45, '2024-03-15 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxoxtr/', 'I’d get excited except after my last post, decided to stick to DCA and HODL to 2030-2035.', '1bf12ux'], ['u/itsprobablytrue', 24, '2024-03-15 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxszq0/', 'AI is predicted to take over the planet 2035. You should probably sell earlier and enjoy life', '1bf12ux'], ['u/blorpianblorp', 12, '2024-03-15 04:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxt8dm/', 'We got FOMO on the back on BBQ boys come and get it', '1bf12ux'], ['u/ratbert002', 44, '2024-03-15 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxto3y/', 'AI', '1bf12ux'], ['u/Ucscprickler', 14, '2024-03-15 04:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxuhcn/', "Yeah, I'm doing the complete opposite. I bought the entire bear market, and now I'm just sitting back watching. I learned my lesson after last cycle, but I kind of understand the human psychology for why people only buy at ATH.", '1bf12ux'], ['u/Ninjas_stole_my_', 27, '2024-03-15 04:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxuucn/', "That's not unique to crypto. That's investing. Take their money. No shame.", '1bf12ux'], ['u/tianavitoli', 29, '2024-03-15 04:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxvdkc/', "it's a perfect marker of where we're at in the cycle", '1bf12ux'], ['u/d_d0g', 10, '2024-03-15 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuxwh3r/', 'Well then, 2034 is my year.\n\n!remind me! 10 years', '1bf12ux'], ['u/opensandshuts', 38, '2024-03-15 05:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1bf12ux/im_going_to_put_half_my_paycheck_into_crypto/kuy0kfu/', "hear me out guys and gals, Serious post tag here. I'm thinking of selling my house to go all in on baby yoda diaper rash coin.\n\nI feel like the market's been gravitating towards babies and diapers, and I truly feel like it could take off. It's one of the few coins with real utility potential.", '1bf12ux']]], ['u/speedingmedicine', "Today's small drop brought to you by GBTC", 303, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/', "I posted about this the other day but I'll say it again. GBTC is suppressing this BTC cycle. BTC dropped today because they moved another 500 million to Coinbase to presumably continue selling it off. \n\nThey filed for a mini trust to try and keep their customers. ", 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/', '1bf19ct', [['u/Conscious_Phone_2411', 66, '2024-03-15 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kux9v6v/', "Seems like there's a pattern where they crash the price so they can buy lower later.\n\nhttps://x.com/invest_answers/status/1768289298657509509?t=59OAl8sJNI1145RhQ8P-iw&s=08", '1bf19ct'], ['u/rock-island321', 52, '2024-03-15 02:01', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxb22v/', 'Also, US inflation figures and the outlook for possible rate cuts not looking great.', '1bf19ct'], ['u/No-Age6804', 37, '2024-03-15 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxb81n/', 'This. Stocks and crypto were a blood bath.', '1bf19ct'], ['u/Far_Guarantee_2465', 144, '2024-03-15 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxcyed/', 'The net etfs are in the positive. The other etfs are gobbling up while GBTC unloads their premium. I think the rsi for btc has been too high and needed to cool off. GBTC isn’t buying cheaper. Black rock is…what’s crazy to think about, what if blackrock owned a ton of GBTC trust from a bit ago. And is unloading that and buying their etf cheaper? 🤯', '1bf19ct'], ['u/XXsforEyes', 68, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxi6aa/', 'That’s exactly their play. They’re new to Bitcoin, not to market manipulation. Fine by me… I just pick up the crumbs that fall from the big table!', '1bf19ct'], ['u/b1mm3rl1f3', 28, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxiba6/', 'What’s crazy is the price barely even moves 🤯 just consolidates until the next leg up', '1bf19ct'], ['u/ourtimeisnow', 30, '2024-03-15 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxjmb9/', 'This must be your first cycle. Interconnected or not, TradFi selloffs or bad US financial outlooks always have had a short term impact on BTC.', '1bf19ct'], ['u/FaultyVulcan', 12, '2024-03-15 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxkcy4/', 'Why isn’t price going up given that net ETFs are positive? I think people are underestimating retail taking profits.', '1bf19ct'], ['u/StanYanMan', 91, '2024-03-15 03:10', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxlexa/', "By GBTC suppressing this cycle, you mean people owning GBTC deciding to swap over to IBIT and FBTC. It's not like Grayscale is intentionally selling BTC or liquidating due to user forced sells from bankruptcy paybacks. It's the people selling.", '1bf19ct'], ['u/Constant-Ad-4172', 158, '2024-03-15 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxnpdg/', 'nope. ppl are just transferring their funds from GBTC to the other ETFs. The daily net inflows have been mostly positive after the ETFs were created', '1bf19ct'], ['u/ata1959', 13, '2024-03-15 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxoty9/', 'Net positive doesn’t mean the etf price must go up. The price of the etfs moves along with the bitcoin price.', '1bf19ct'], ['u/One-Significance7853', 31, '2024-03-15 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxowm9/', 'Taking profits only works if you reinvest it back into BTC.\n\nWhen you “take profit” you lose long term. Everyone that ever bought pizza or weed or cash with btc will eventually realize they overpaid.', '1bf19ct'], ['u/Tetons21', 16, '2024-03-15 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxq7f1/', "Are the fees that bad? I haven't transferred.", '1bf19ct'], ['u/Leader92', 11, '2024-03-15 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxrj7i/', 'Could you ELIF5 why GBTC is selling so aggressively ever since ETFs got approved?', '1bf19ct'], ['u/Deimosx', 14, '2024-03-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxsmzy/', 'Generally all things equal, the one with lowest fees.', '1bf19ct'], ['u/SydZzZ', 20, '2024-03-15 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxtioq/', 'I think he is taking about this insane demand by ETFs which will have to buy more Bitcoin to match that demand. Yet the price hasn’t gone up to reflect that 10k/day BTC demand. \n\nI think the answer is potentially a lot of OTC transactions either miners who had been sitting on their coins for a while or other whales ( most likely hedge funds with unknown quantities). \n\nThe retail spot order book has shrunk by 90k BTC since the inception of ETFs. That likely pushed the price up to where it is today. \n\nSooner or later however, the OTC supply will diminish if demand stays this high. When that happens, it will be like Nvidia stock growth or better. This will be equivalent of BTC going to $200k. I think this is only a year or so away from today unless some macro shit happens like nukes flying or interest rates rising', '1bf19ct'], ['u/TheMightySoup', 13, '2024-03-15 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxtrmq/', 'Because their fees are way higher than all the other ETFs’ fees.', '1bf19ct'], ['u/MimickingTheImage', 15, '2024-03-15 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxu6md/', '>who cares what the US is doing\n\nThe market.', '1bf19ct'], ['u/Tetons21', 11, '2024-03-15 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxupo3/', "Hold baby...\n\nI actually need to decide where life changing money occurs.. do I it's want a house or could I hold and not work?", '1bf19ct'], ['u/GooglephonicStereo', 49, '2024-03-15 04:22', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxvodd/', 'Agreed. Not sure why everything is a conspiracy to some people.', '1bf19ct'], ['u/ModerateBrainUsage', 66, '2024-03-15 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxxrhd/', 'That’s last week’s price. It’s nothing.', '1bf19ct'], ['u/WatchRedditImplode', 16, '2024-03-15 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxy1fg/', '8 out of 10 ETFs custody at Coinbase. Fidelity is the only institution self-custodying. I trust FBTC the most.', '1bf19ct'], ['u/MrKittenz', 98, '2024-03-15 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuxzmde/', 'Why isn’t price going up? Zoom out and look at January to now', '1bf19ct'], ['u/cl3ft', 15, '2024-03-15 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1bf19ct/todays_small_drop_brought_to_you_by_gbtc/kuy899u/', "If your only objective is max profits ASAP and you don't need the money, this is fair advice.\n\nBut, there's lots of very good reasons to take profits.", '1bf19ct'], ['u/Boldbluetit', 22, '2024-03-1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks fell on Friday as investors digested the week\'s hotter-than-expected inflation data.\n• Consumer and producer prices rose more than expected in February, government data showed.\n• Investors continued to dial back their expectations for Fed rate cuts in 2024.\nUS stocks fell on Friday as traders fretted over hot inflation data and continued to dial back their expectations for rate cuts in 2024. All three benchmark indexes ended the lower, while bond yields ticked slightly higher.\nThe S&P 500 ended with its second straight weekly loss.\nBoth consumer and producer prices came in hotter than expected this week, with the consumer price index rising 3.2% and the producer price index rising 1.6% year-per-year, the Bureau of Labor Statistics reported.\nHot inflation is the Fed\'s main focus, and investors are growing concerned that central bankers could end up holding interest rates higher for a lot longer to keep prices from surging again, especially as the economy looks to be going strong.\n"Inflation reports this week served as a reminder that normalization is not a straight line, and pressures remain in many pockets," Mark Hackett, Nationwide\'s chief of investment said in a note on Friday.\nThe Fed\'s next policy meeting is just around the corner, with central bankers set to begin the two-day policy meeting next Tuesday to decide the next policy move. Markets are pricing in a near-100% chance the Fed will keep rates unchanged this month, according to theCME FedWatch tool.\nInvestors also continued to dial back their expectations for rate cuts for the rest of the year. Markets are now pricing just a 30% chance the Fed could slash rates by 100 basis points or more by December, down from a 64% probability priced in a month ago, and odds of a June rate cut have come down to about a coin-toss.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500: 5,116.95, down 0.65%\n• Dow Jones Industrial Average: 38,714.77, down 0.49% (-190.89 points)\n• Nasdaq Composite: 15,973.17, down 0.96%\nHere\'s what else is going on today:\n• TheNvidia-led AI boom could spread to three different areasof the stock market, according to Goldman Sachs.\n• Soaring US debt could "break" markets at some pointif spending isn\'t reined in, according to one Wharton finance professor.\n• The S&P 500 is "bizarrely overvalued"and could crash 49%, according to an elite strategist.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude slipped 0.36% to $80.98 a barrel.Brent crude, the international benchmark, fell 0.1% to trade at $85.28 a barrel.\n• Goldticked 0.19% lower to $2,157.55 per ounce.\n• The 10-year Treasury yield was about flat at 4.30%.\n• Bitcoinrose 0.26% to $70,230.\nRead the original article onBusiness Insider', '• Sam Bankman-Fried came up with a list of bad ideas after FTX\'s bankruptcy\n• One of them was going on Tucker Carlson\'s show and taking an anti-woke heel turn.\n• The list was included in prosecutors\' sentencing submission, asking for 50 years in prison.\nAfter FTX declared bankruptcy, in November 2022, its founder and former CEO came up with a list of terrible ideas.\nIna Google Document, which was prefaced "random probably bad ideas" and labeled confidential, Sam Bankman-Fried listed ways in which he might be able to rebuild his reputation.\nThe list included attacking the bankruptcy lawyers (which he ultimately did), attacking the rival cryptocurrency exchange Binance (ditto), and doing an ABC News interview with author Michael Lewis (Lewis does not work for ABC).\nThe most striking item on the list was going on then-Fox News host Tucker Carlson\'s show to "come out as a republican."\nOn Carlson\'s show, Bankman-Fried could "Come out against the woke agenda" and also criticize the bankruptcy lawyers who took over FTX and were trying to get money back to defrauded customers, he wrote on the list.\n"Talk about how the cartel of lawyers is destroying value and throwing entrepreneurs under the bus in order to cover up the incompetence of lawyers," Bankman-Fried memorialized.\nA copy of the document was included as an exhibit in a sentencing memorandum filed Friday by federal prosecutors in Manhattan.\nIn November, ajury found Bankman-Fried guiltyof seven counts of fraud and conspiracy. Numerous former executives and associates testified that Bankman-Fried commingled funds of FTX customers with Alameda Research, a cryptocurrency trading firm he also controlled. The losses, prosecutors say, exceeded $10 billion.\nProsecutors are asking a judge to sentence Bankman-Fried to between 40 and 50 years in prison and issue an $11 billion judgment. They said Bernie Madoff\'s crimes should be used as a benchmark for Bankman-Fried, whose fraud they call "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."\nThe list of ideas, prosecutors said, was evidence Bankman-Fried was "motivated to launch his redemption narrative and has already been thinking about how to spin it" — and should therefore get a long prison sentence.\nUS District Judge Lewis Kaplan will weigh prosecutors\' memo against one by Bankman-Fried\'s lawyers, whoasked for a sentence of no more than about six years.\nBankman-Fried acknowledged his list of ideas was not very good.\n"Note: these are all random probably bad ideas that aren\'t vetted," the document says at the top.\nPage 2 ofSam Bankman Fried bad idea list prosecutor sentencing submission\nContributed toDocumentCloudby Insider Staff (Insider Inc.) •View documentorread text\nBankman-Fried never ended up on Carlson\'s show, which was canceled by Fox News in 2023. (Carlson has since switched to vlogging on X, formerly known as Twitter, and launching his own subscription product.)\nSome of the ideas came to fruition, though.\nBankman-Fried and his family have long argued that FTX customers would have speedily recovered their money if only bankruptcy lawyers had cooperated with him.\n"Focus almost exclusively on the fact that we could give value back to customers and the Chapter 11 team is destroying it," Bankman-Fried wrote on one list entry.\n"Focus on the fact that the Chapter 11 team has no idea how to run FTX, it\'s colonial, run by a cartel of lawyers," he wrote in another.\n"Come out as extremely pro crypto, pro freedom," he added.\nInanother list, he tried to think of people who he could court for support.\nHe listed "Alt right?" and "Some other displaced group?" under the category of "Random subgroup support."\nIn a bankruptcy court hearing earlier this year, FTX lawyers said customers could be made whole — something that Bankman-Fried\'s lawyers have cited to argue for a light sentence.\nBut prosecutors say that claim doesn\'t tell the full story. It doesn\'t account for the work that FTX lawyers put into liquidating and clawing back various investments Bankman-Fried made with customer money, they wrote.\nOwners of Bitcoin on FTX\'s platform wouldn\'t be able to take advantage of the rise in the cryptocurrency\'s prices because Bankman-Fried had already spent it, they wrote. Instead, they\'d get the November 2022 dollar amount for those currencies — far less than what they would be worth today.\nBankman-Fried, in his list, seemed cognizant of his political reputation. He donated primarily to Democrats in Congressional races. But, according totrial testimonyandmessages obtained by prosecutors, he participated in a straw donor scheme where he\'d funnel FTX customer funds through other executives to Republicans and right-leaning dark money groups.\nBankman-Fried wrote that he could highlight that aspect of his political spending on Carlson\'s show.\n"While public contributions show one thing, you see another thing including super pacs," he wrote.\nIn another list, Bankman-Fried came up with a list of "Allies."\nThe only person on that list is "Skreli,"an apparent reference to Martin Shkreli.\nBankman-Fried mused on politicians and reporters who "might be helpful" to him, including US Senator Cory Booker of New Jersey, Lewis, and Bloomberg columnist Matt Levine.\nIt was onBloomberg\'s "Odd Lots" podcastwhere Levine famously described Bankman-Fried\'s thoughts on cryptocurrency as "the Ponzi business."\nBankman-Fried thought he could give it another shot.\n"Go head to head with Matt Levine on Odd Lots, really lean in to arguments," he wrote.\nRead the original article onBusiness Insider', "After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months. With this favorable backdrop in mind, it's not surprising that some of the most speculative tokens are on the way up.\nLook at dog-themed meme tokenShiba Inu(CRYPTO: SHIB). Yes, it remains 64% off its peak price from October 2021. But as of March 13, the digital asset has skyrocketed 238% in just the last month.\nGiven this powerful momentum, perhaps supporters are hoping there are better days ahead. Is Shiba Inu a top cryptocurrency to buy right now?\nShiba Inu's rise coincides with the ascent of its inspiration,Dogecoin, which has more than doubled in the past month. Another more under-the-radar token, calledPEPE, which isn't even one year old, has soared by a whopping 700% in the period.\nWhile it's impossible to know exactly what is causing these price spikes, we can point to a factor that is perhaps adding to buyers' excitement: the monster success of the new spotBitcoinexchange-traded funds(ETFs). Regulatory approval of these highly anticipated financial instruments lends a certain level of legitimacy to the entire asset class. Maybe investors are hoping for more crypto ETF approvals to happen.\nBecause Shiba Inu is viewed as one of the most speculative cryptocurrencies out there, it makes sense that its price can surge rapidly. Once early buyers get in, the price increase attracts more attention, creating a positive feedback loop. This momentum can be a powerful force, until it unpredictably ends.\nAs mentioned, Shiba Inu is still substantially off its peak price. This setup could be extremely enticing for risk-seeking investors. However, I believe it would be a mistake to buy this token.\nBeing built on top of theEthereumblockchain should, in theory, add a lot more functionality in terms of decentralized applications, likenon-fungible tokensand decentralized finance protocols. However, Shiba Inu hasn't really gained much adoption. And it doesn't have an extensive developer network working to advance its utility. This doesn't bode well for Shiba Inu's future.\nIn other words, there are no compelling reasons to want to own this token except for the hope that it can continue rising in price in short speculative spurts. This is what's called gambling, as the buy thesis is not based on the asset's fundamentals, nor on logical thinking.\nInvestors looking to allocate a portion of their portfolio to the crypto space have better options to choose from. The fact that Shiba Inu was developed on the Ethereum blockchain points to the latter's standing in the industry.\nEthereum was the first blockchain network with functionality forsmart contracts, a feature that adds the possibility for much greater use cases over time. Ethereum has a huge developer network and a pipeline of planned technical upgrades that give it a higher chance of long-term success than Shiba Inu.\nThere's also Bitcoin. The world's most valuable cryptocurrency by market cap has climbed 330% since the start of 2023. But it could have more room to run as larger and larger amounts of institutional capital flow into it. And because of its decentralized nature and its fixed lifetime supply cap of 21 million coins, many market participants view it as a new-age store of value.\nIt's best to forget about Shiba Inu. The meme token is having its 15 minutes of fame. But it's not a smart place to park your hard-earned savings.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShiba Inu Is Skyrocketing: Is It a Top Cryptocurrency to Buy Right Now?was originally published by The Motley Fool", 'There are thousands of cryptocurrencies in circulation today. And while they all appear alluring and parade the possibility of creating life-changing wealth, the reality is that an investment inBitcoin(CRYPTO: BTC)remains the most simple and straightforward strategy to gain exposure to the burgeoning asset class.\nThis pick won\'t win any points for originality, but the data and its near-spotless track record speaks for itself. For investors with some extra change in their pocket, here\'s why Bitcoin is the most deserving of your $1,000.\nBitcoin\'s market capitalization accounts for more than half of all the value in the crypto asset class. As a result of this inordinate value, the majority of cryptocurrencies trade in a correlated pattern to Bitcoin. In other words, as Bitcoin goes, so does the rest of the market.\nNot only are other cryptocurrencies highly correlated to Bitcoin, but they also typically fall short of Bitcoin in terms of performance. In a recent investigation conducted by crypto analyst Benjamin Cowen, he found that out of the top 200 cryptocurrencies, only 39 outperformed Bitcoin over the last year. Rest assured that this number would be even fewer if the analysis took data into account over a longer time frame.\nThe harsh reality is that when investors venture intoaltcoins, they expose their portfolios to significantly more risk that rarely produces better returns than just sticking with Bitcoin. Perhaps the adage "If it ain\'t broke, don\'t fix it" sums it up best. Bitcoin isn\'t broken and remains the most effective, reliable, and performant asset in crypto.\nPart of the elegance of Bitcoin lies in its unparalleled levels of decentralization and security. In many ways, it\'s the epitome of what a cryptocurrency should be.\nBitcoin has no single group or entity overseeing its function. In stark contrast to other cryptocurrencies that have teams of developers and founders, Bitcoin is able to run completely free of oversight.\nThis should also provide reassurance for Bitcoin investors, since there is little to no counterparty risk that comes with owning it. While it\'s often swept under the rug, investing in other cryptocurrencies is essentially an endorsement in the developers and founders that operate its blockchain, repair bugs, and in some instances, even adjust monetary policy. There is none of that with Bitcoin. It is truly a decentralized network with no entity at the helm.\nFurther solidifying its role as the bona fide cryptocurrency is its unmatched track record of security and performance. Bitcoin\'s blockchain has never gone offline nor been compromised, a feat few blockchains can claim. When considering that nearly 1 billion transactions have occurred on Bitcoin\'s network over the last 15 years, this accomplishment becomes all the more impressive.\nLast but not least, we must discuss Bitcoin\'s position at the forefront of a burgeoning financial revolution that is only in its initial phases. Surprisingly, only a meager 15% of the global population currently own cryptocurrencies.\nAs blockchain technology and cryptocurrencies establish their superiority over traditional fiat currencies, it isn\'t difficult to see how the value of cryptocurrencies is poised to soar with escalating adoption rates. This upward trajectory is not only promising for the entire asset class, but particularly advantageous for Bitcoin.\nAs the flagship and most valuable cryptocurrency, Bitcoin enjoys unparalleled accessibility, making it the natural entry point for newcomers venturing into the realm of digital assets. But not only is it the natural entry point for the average investor like you and me, it is finding a new home on Wall Street and traditional finance. Take the recent approval ofBitcoin ETFsas evidence.\nAdd it all up, and it is almost certain that Bitcoin\'s limited supply of 21 million coins will face mounting pressure in the coming years and decades. If this happens, its price will have nowhere to go but up in an attempt to keep pace with increased demand.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool', 'In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss:\n• Targetfinally finding its footing, and how the company is turning to loyalty programs for more growth.\n• CrowdStrike\'s results showing enterprise spend on cybersecurity isn\'t slowing down.\n• Bitcoin\'s ETF-fueled rise to all-time highs.\nMotley Fool host Deidre Woollard talks with analyst Sanmeet Deo about the highly speculative, highly futuristic world of eVTOLs and personal air travel.\nTo catch full episodes of all The Motley Fool\'s free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nShould you invest $1,000 in Target right now?\nBefore you buy stock in Target, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Target wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nThis video was recorded on March 6, 2024.\nDylan Lewis:Target\'s back on track and Crowdstrike hit all-time highs. Motley Fool money starts. Now. I\'m Dylan Lewis and I\'m joined over the airwaves by Motley Fool analyst, Asit Sharma. Asit, thanks for joining me today.\nAsit Sharma:Dylan, thanks for having me.\nDylan Lewis:We\'ve got stories of companies soaring today on earnings and in the sky with the future of personal air travel, we\'re going to start with the earnings results and we\'re going to start with a look at target asset, an interesting quarterly report for the company. Revenue slid, comps were down, but results were ahead of expectations and we saw a huge market reaction stocks up 15% after reporting.\nAsit Sharma:Target has been working on some nice parts of their business, Dylan, I really liked that their cost of sales has been held in check for awhile and it keeps decreasing. That way if you get just these small bumps on the top-line, revenues increased 1.7%. You can leverage that if you\'re watching your costs, the cost of product, and how you manage those costs before you get to your overhead expenses, which of course climbed a little bit. But look, profitability is up this quarter. Operating income was $1.9 billion. At first is $1.2 billion in the same period last year so investors like an earning story.\nDylan Lewis:Yeah, and I think probably something helping that top line and those margins, inventory, it seems the company has gotten a lot better with managing its inventory. Hasn\'t had to resort to discount and quite as much. This is something that really plagued this business about a year ago and it seems like that\'s gotten back on track for them.\nAsit Sharma:Yes, management has been talking about all the dislocations that occurred during the pandemic. In fact, in this latest call for this quarter, they said the dislocations are still ongoing. It\'s not like we still aren\'t struggling, but matching inventory to demand, that\'s something that Target has gotten much better with over the last couple of years. Inventories at very similar sales levels. Our down versus this time last year, $13.5 billion was the inventory balance at the end of January 2023. That\'s down to $11.9 billion as of February 3, 2024.\nDylan Lewis:Look at this quarter as a OK. We\'re back on track with the core business. We\'ve kinda right-size what we need to be doing with the balance sheet. We seem to have found what we need to be doing when it comes to pricing for target. We also got a glimpse at some of the growth initiatives and some of the next step type things that they want to reengage with our customers on. One of the things that I wanted to draw some attention on and get your take on here is the membership program. They are launching, circle 360. This is a paid membership program and Asit seemingly their answer toAmazonPrime andWalmartPlus.\nAsit Sharma:It\'s something that\'s been in the works for awhile. Dylan, they acquired a company called shipped SHIPT a few years ago, actually in 2017. Target has been working on optimizing same-day delivery, local deliveries over these past six years since they bought that company. At the same time, they\'ve worked with their store formats. They\'ve opened more stores. They have more points of presence where consumers are. They\'ve opened a lot more distribution centers, logistics centers. Their fulfillment capacity, it\'s way stronger than it was before the pandemic. The natural progression for them now is to try to get some of this business that Amazon and Walmart have been enjoying.\nBoth of which companies have great infrastructure themselves and I think we\'re target may have an edge here, at least initially is this price point. If you don\'t pay your Amazon Prime subscription a year in advance, Here\'s shelling out 16 bucks a month for all that convenience. While most of the inventory will be focused on target items for 49 bucks for a year subscription. I think that\'s something many consumers who would want to try. There are local marketplaces that target promotes through its shipped capabilities. This is very interesting and it\'s also just a progression as target becomes more amazon.com like they are also now expanding their digital advertising with vendors and [laughs] digital advertising revenue stream. It seems natural. I do think we\'ll have to see how good they are at this business, but maybe now is the right time to roll it out.\nDylan Lewis:I do wonder as we see all of the kind of traditional retailers and retailers that have kind of gotten into e-commerce a little bit faster, focus on these membership programs. I mean,Costcois their first right there, the OG in this space. But we\'ve seen Amazon do it so well. We\'ve seen Walmart do it so well and target now trying to focus more on it. If we\'re going to see consumers really focus more of their purchasing at a single retailer and have a little bit less of the average spend splitting out across multiple retailers. That would be the loyalty program for a lot of these businesses working the way they intend for them too.\nAsit Sharma:I think so, but the US consumer is so crazily agile. In fact, target pointed out on their conference call, look, you might not know this, but two-thirds of business still occurs in store, that consumers still likes to shop in store. We seem to have a lot of capacity for having multiple subscription and loyalty programs going on at one time, we shift our preferences, we\'ll shop more in store, then suddenly get on a wave of ordering things online. The customers nimble, I think what Target has figured out is they probably isn\'t going to be a winner. They\'re not going to be a sole winner in this space. The Costco\'s, Amazon\'s, Walmart\'s are going to be around.\nNew entrants will come. People still love small businesses, craft businesses but where Target wants to be is in that muscle category. They\'ve poured a lot of their billions in free cash flow into great ideas. In subsequent years. Those great ideas happen be store openings and fulfillment. They take cash that\'s left over after investing in physical capacity and invest it in the next year is I think that\'s something that\'s going to help them out. They\'ll be one of the last one standing if it ever does become like that, Dylan, if we ever narrow our focus and just shop from a few vendors, they\'ll I think they\'re going to be there.\nDylan Lewis:While we\'re checking in on the consumer asset. I think we saw a lot of the same signs that we\'ve been seeing in targets results. Not as much focus on some of the bigger, more expensive items in the stores. A lot of focus on affordability with consumers. I think one initiative that really caught my eye with respect to that is deal worthy, which is one of their new low-priced private brands, looking to bring a lot of products in under $10. As we look at a retailer Target as a barometer for what\'s going on with the consumer. What are you seeing?\nAsit Sharma:Consumers have a lot of propensity to bite on offers like this. When you see out in the marketplace that there\'s a part of the store where you can go in and I think $7 is another price point they mentioned. It draws you into that place. Now, Dollar stores have been doing this for a long time, but our needs to go beyond that. Target, you\'ve got price points that may get you in the door at seven bucks or 10 bucks or to order online from.\nBut they also extends all the way up into fairly high-priced consumer electronics, and that\'s where they\'ve always excelled. Target environments are meant to be a mix of different brands. In fact they\'ve talked about this, their own brand portfolio. They\'re private brand portfolio. They say would be a Fortune 100 company with $30 billion of sales annually. That\'s one-third of their gross margin. They understand that you\'ve got to have so many different price points and they do it through a mix of their own brands.\nAsit Sharma:Brands that the public loves, they have the partnership withUlta Beauty, and then also bringing in what they call the celebrity brands likeDisney, and in partnering withStarbucksand stores. They really want to lure you in with those price points, but think it\'s a good strategy. They have a little bit of an edge over the consumers who are exhausted financially and are stuck going to the dollar stores and discount stores. They\'re attracting some of those, but also people with a little bit more to spend who still want a bargain to come in.\nDylan Lewis:We also saw a great market reaction from CrowdStrike results shares up 20% following earnings that beat on the top and bottom lines, plus the company issued stronger-than-expected guidance for the upcoming quarter and full year. Asit, so much of the narrative in the enterprise space has been slowing customer spend. Maybe a little bit of a hard focus on the contracts that exist. Doesn\'t seem like that\'s affecting CrowdStrike to negatively.\nAsit Sharma:It\'s funny we\'ve heard so many CEOs of cybersecurity companies talk about this exhaustion in IT departments. They are pulling back their budgets. Even on the last thing you\'d expect you have to protect your enterprise. But CrowdStrike isn\'t seeing any of that. I think this is tied into an argument they\'ve been making for a long time, which is, there are too many products you have to buy to protect your organization. I think on their website they say that IT folks have to juggle like 42 products on average just to protect the organization.\nAnd all who are listening ever just want to have some fun and amusement. Listened to CEO George Kurtz diss the competition on a conference call. He doesn\'t hold back and he loves to talk about how complex it is to ensure that your organization will be protected from strikes, and how inadequate the different types of piecemeal offerings are. From the ground up, they\'ve always made this argument Dylan. We designed Falcon. Our security platform is Cloud native. It\'s one agent, and it\'s lightweight. You turn it on, you can add modules. This is a really seductive argument for companies that are paying so many different vendors and then spending time, money, resources to try to stitch them altogether. The argument of a platform like Falcon is that you don\'t have all that stitching.\nSo while other folks may price at a lower price point, our return on investment is much higher over time, and you\'re starting to see that prove out in the numbers of free cash flow margin of 31%, they\'re projecting that revenues can increase another billion this year from 2.7 billion, or up to $3.9 billion in a year. All of their metrics hitting that 30%, if you\'re talking about annualized recurring revenue growth. I think they\'re really enjoying a moment just because the simplicity argument is bearing out in the marketplace.\nDylan Lewis:You mentioned the recurring revenue as a focus there. In the results pod beer, the CFO reiterated the company\'s long-term guidance of hitting 10 billion in annual recurring revenue by 2030, that currently hits 3.4 billion. They\'ve a bit of ways to go from there, but it sounds like you\'re fairly confident in that mission.\nAsit Sharma:Because I think management has a pretty good roadmap to get there. What they\'ve done is to look at the parts of the cybersecurity industry where they can add value even if they\'re competing against really worthy competitor. So they have an identity management system that competes against Okta. They\'ve got observability platform that competes against the likes of Splunk, but where they see they can offer that return, they go there, they take years to build out those products and they add them to the platform and there\'s an uptake by customers. The other thing I like about it is big round numbers really inspire a lot of confidence among employees.ServiceNow, which I talk about a lot. They\'ve been graded doing this.\nI think they don\'t even get the next number out of their mouth and they change it. They up it. We want to be a $10 billion company. That\'s actually a rallying cry that ServiceNow was issuing just a few years ago, but I think this inspires confidence among vendor partners, it gives employees something to work toward, it really galvanize the sales team and it makes the product team understand that we\'ve got to execute on the roadmap. If we do the simple math of working backward, what is it going to take for us to reach this number? By 2030, it means we\'ve got to add another four pieces to the platform. I\'m making this up, but you get the [laughs] , by 2027. And I think running a business that way, if you\'ve got the product which is superior in the marketplace, why not? Go for it.\nDylan Lewis:CrowdStrike at all-time highs after reporting earnings and stepping outside of stocks. Bitcoin at all-time highs. The cryptocurrency hit near $69,000 this week and Asit, this has been a strong 2024 so far for the cryptocurrency, I think in large part because of the spot ETFs that were approved back in January.\nAsit Sharma:I agree with you, Dylan. There was so much demand that was being built up late last year as investors were waiting for this to happen. And just the publicity around that, I think tripled down into the consciousness of so many types of investors. The investor who looked at Bitcoin a few years ago and was like, "I\'m not going to try to custody these assets, how to even do that. Or, I don\'t want aCoinbaseaccount. They keep asked me to verify my identity every six minutes." I think that this was pent-up demand now has an outlet, but there\'s another investor as well that I\'m interested in. That\'s the institutional investor, who\'s looking at a period of prolonged high-interest rates, and not a lot of great options to generate Alpha, that is return on a risk-adjusted basis outside of US stocks.\nAgain, this happen, s we have long periods where the US stock market is the only game in town for a lot of institutions that have billions that they have to invest. So I think there\'s some of that money flowing into its non-qualitative assets, so it doesn\'t move in tandem with the market. It\'s even proven to be non-qualitative to risk assets like gold, which this is an argument I heard [laughs]. Early days like gold. But you are saying something that\'s very interesting before we started taping Dylan, that, outside of the store value argument, there is a financial like argument. This is like a financial instrument.\nDylan Lewis:I don\'t have a horse in the race when it comes to crypto. I don\'t own any cryptocurrencies, but I think it\'s instructive to look at this and the way that markets work and financial products work. We have long wondered what exactly the utility might be for Crypto, and with spot ETFs opening up, we are seeing a source of demand and another use case for this, and look no further than the fund inflows and the money, you mentioned that there\'s probably some institutional investors there. Over $50 billion have gone into the spot ETF funds since January. That\'s not all retail money. And that\'s immediately creating demand and purchase for something that\'s going to drive up the value. And I think regardless of whether you see the utility in this, it\'s useful to look at it and just understand the way that expanding access to something drives demand long term.\nAsit Sharma:I think that\'s spot on. Not to make upon on spot ETS [laughs], but there you go. Utility is the ability to diversify or to invest or take a little bit of risk in a low cost manner, which is what ETFs are designed to do.\nDylan Lewis:Asit, thanks for joining me today.\nAsit Sharma:Always fun, Dylan, thanks so much.\nDylan Lewis:Coming up our travel theme week continues with a look at the not-so-distant future of flying jets and mobiles. Motley Fool Money is Deidre Woollard talks with analyst Sanmeet Deo about the highly speculative, highly futuristic world of eVTOLs and personal air travel.\nDeidre Woollard:When we talk flying cars, we\'re not really talking flying cars that we\'re talking about eVTOLs. Well, what is it eVTOLs? Electric vertical takeoff and landing. It usually means it\'s a small vehicle. It\'s like a helicopter meets a giant drone, takes off like a helicopter mostly flies like a plane, usually short range, generally, maybe for passengers, Sanmeet you\'ve taken a look at some of the videos that pretty are they?\nSanmeet Deo:A lot of them are not that pretty. They looked like those you see those concept cars? Some of them look like these concept vehicles. I even saw a single-passenger eVTOL toll that was really odd looking, had all these multiple pillars. Although I will say maybe I\'m biased, but there is one that\'s being made byArcher Aviation, which we\'ll talk about later, called their midnight. That one is actually pretty sleek-looking.\nDeidre Woollard:Well, they did give it a cool name.\nSanmeet Deo:Yes. I showed it to my wife and she said, This looks very Batman-like my cab. Now not all of them are going to look as dark and mysterious and cool and they\'re going to have paint and they\'re going to have logos and stuff. But still, we\'re getting closer to some nicer-looking ones.\nDeidre Woollard:It does appeal to our superhero fantasies, I think but I wanted to talk a little bit about the use cases because it seems fantastical. The things that we saw in science fiction more like air freeways. This is not quite where we\'re going. They\'re pricier they around five million. No, they\'re not really for sale yet. But most obvious use case seems to be the some of the way we\'re using helicopters, which is air taxis in urban areas but I think as they get cheaper, there might be other applications. What else could we use these for?\nSanmeet Deo:The other thing I forget to that one thing to keep in mind is for our listeners that this isn\'t something that would be something each of us, obviously you named the price so it\'s quite alive. None of us have really $5 million just laying around to buy one of these, but flying cars gets a little confusing because it\'s not something that you\'re going to have one I\'m going to have one or family is going to have one. We\'re all going to be flying around like the Jetsons in flying cars. These are more commercial mass transit type vehicles or even Uber-like ridesharing or flight-sharing type vehicles. But I can imagine, it being used for cargo delivery, short-haul cargo delivery, transport around the cities. I could see it as being very useful for. But I think the sky is the limit there. There\'s a pun there, [laughs] but I think the sky\'s the limit for this.\nDeidre Woollard:I\'ve even heard of recreational leagues eventually happening or sporting events. I know they had but they had Joan flying links, so you never know. But before we can get to that place, we got to bring in the big guns, the Federal Aviation Administration, the FAA. They don\'t just call them eVTOLs, they call them advanced air mobility vehicles. Maybe a little catch here maybe not. It\'s interesting they tried to create rules for, of course, the flights for who can drive them for takeoff locations, Virta ports, that\'s a cool name. It\'s important to watch if you\'re following this industry because it is going to be heavily regulated. But this isn\'t pie in the sky. The FAA believes it will have multiple operators flying between multiple origins and destinations by 2028. But 2025 seems to be the date that companies that we\'re going to talk about are really looking for the initial certification. We\'ve seen some test flights. They\'re getting pretty close here\nSanmeet Deo:A couple of companies I\'ve seen are looking to even go live in 2025 and beyond. There\'s running test flights. They\'re getting approvals from FAA, they\'re getting some other certifications, are getting some of those initial stage certifications. Then they\'re working from there. There\'ll be up there sooner than we know.\nDeidre Woollard:I want to talk a little bit about the companies because you and I have both been following this space for a little while. I\'ve taken a speculative position in one. I think you\'ve taken a speculative position in the other one that we\'re going to talk about.\nSanmeet Deo:I have.\nDeidre Woollard:These are pure play. They\'re not making the profits and they\'re interesting because they\'re taking different approaches. I\'m going to talk first about Joby Aviation. They\'ve been public since November 2020, we put a four billion market cap. Their aim is to have commercial passengers next year if they get through that FAA process. One of the things I found particularly fascinating is they recently announced they\'ve got a six-year exclusivity deal in Dubai for air taxes, which means they would be able to run them and they\'re also getting some support from the Emirates on that. Really interesting there with both of these companies, we\'re looking at partnerships and one of the reasons the stock for both Archer and Joby has gone up and continues to go up is the strength of partnerships.\nWith Joby, you\'ve got a very close partnership withDelta. You\'ve got a partnership withToyota. You\'ve got interests from the Department of Defense. Speaking about Delta, they\'re planning with Delta for infrastructure at three airports, JFK, LaGuardia, and LAX. They\'re building out production, which is interesting, it\'s going to be a slow process. Their next milestone is to ramp up production. Looking at the cash, of course, these companies are spending a lot of money. At the end of last year, Joby had about a billion in cash. They spent 344 million during the year. For this year rather, they\'re going to spend between 440 and 470 million. Part of that is just the nature of trying to ramp up production.\nThis is all expensive. One of the things that\'s interesting is it\'s a new thing, but they\'re also using existing technology. Another thing you should know about Joby is major investors. I mentioned Delta, they\'ve got about 1.6%. Entails got about 4.5%. You\'ve got a lot of interest from other investors likeBlackRocktaking a look at this company, it\'s gotten farther faster than I would have expected. I bought in, I think about two years ago just after it went public and the company has really grown dramatically since then.\nSanmeet Deo:GOB is a very interesting one as well. The other one that I\'ve taken a speculative position in as well, and for listeners, keep in mind, these are pre-revenue, not even pre-process, they\'re pre-revenue, they don\'t they haven\'t sold anything yet, really do have some orders, but those can backfire or those could not happen, so they\'re just orders. Archer Aviation tickers, ACHR, so it\'s about $1.4 billion market cap company, so a little smaller than the GOB, and they\'ve also been public since December of 2020. They came public actually as a SPAC. They have some pretty impressive investors, largest investorsStellantis, which you might know as the auto company, so you\'d be wondering why is an auto company taking an interests investment of them, they also have a partnership with Stellantis. Really, I\'ll get to that part later. But Mark Lore founder of diapers.com and jet.com, also was previously, I believe it was the president of e-commerce at Walmart he owns about 9%.\nStellantis owns about 13%, and then United Airlines owns about 4% so they\'re a major investor and partner. Archer has a goal of being first-to-market and they\'re looking to go live in 2025. One of the things that I found very interesting about Archer was that since they started they have been focused on a quick path to certification. They\'re really focused on producing these things and getting them certified in, up in the air. Eighty percent of their subsystems and components are derived from certification heritage, which means these are parts and systems have already been certified and other aircraft or certified designs in other aircrafts so they can assemble all these different parts that are already certified, put it together, and then the certification process becomes a little quicker.\nThat\'s pretty cool. They\'re building huge manufacturing facility in Georgia and that they\'re hoping to eventually produce 650 aircraft annually once they start getting up and going and they\'re looking at their businesses is really with two revenue streams. Both estimated to be about 50% of their mix. One is just selling their crafts, selling them to the major airlines selling them to whoever else, but also aerial ride-sharing. Think ofUberfor the air, for Uber ride sharing. But in flight, and actually one of the executives on their team started the Uber Air flight ride sharing program.\nHe came over and they\'re estimating that ride-sharing or flight sharing, I should say. I don\'t know what they\'re going to call it now, but is estimate to be about $3 per seat miles. That\'s in line with pricing with Uber. Very close. That should be very interesting to see how they ramp and work on that. As a company. They have no debt. They have a 460 million in cash. They have an order book of 700 aircrafts worth potentially $3.5 billion. Again, that is potential revenue. That\'s not stuff they\'ve had come in lot can go wrong before they actually get that money.\nBut another interesting thing is that their partnership was Stellantis is also an investor is. As Stellantis if you don\'t know, is like the third largest auto manufacturer. They make Jeeps and various other brands. They\'re actually using them as almost like a contract manufacturer. You think of cars and they have the, the assembly line in the process to create, high-quality vehicles at mass scale very efficiently, and so by partnering with scientists, they\'re hoping to do the same for their aircraft and it helps reduce the capital requirements that Archer will have and increase their cash-flow when it comes to manufacturing aircrafts. I thought that was very unique. I don\'t know if that\'s what other companies are doing or not, but I thought that was quite interesting.\nDeidre Woollard:As we wrap up wondering what investors should think about as they look at this industry. For me, as I mentioned, small speculative stake and GOB. Looking, I\'ve liked what I\'ve seen so far, may consider adding more if it meets its targets. Things I\'m asking myself is, what is the total addressable market like who is the customer? To me, it\'s not like EVs as we talked about. It\'s not an individual flying car at this point. Could it be at some point? Possibly. Is this more like the early days of helicopters where you see gradual increased usage. That seems more likely to me. Looking at the market opportunity, wondering what I need to see to add more and also what could go wrong. We haven\'t had a big disaster, but that will happen the same way it\'s happened for other things. What are you looking at here?\nSanmeet Deo:The market opportunity, is this could be pie-in-the-sky numbers because this is so early stage, butMorganStanleypredicts that it can be 29 billion by 2030 and possibly over a trillion by 2040. That has obviously wiggle-room, we don\'t know for sure, but regardless, it\'s a huge market. If you assume that this will work, that they can get the certifications, that thing get these in the air, that it will happen. It\'s going to be a big market and it definitely will have room for multiple players in multiple ways of approaching the problem. What\'s exciting to me about the industry too is I think it is a little bit of the early days of helicopters and they\'ve referenced that and some of their calls of this is the new age helicopter.\nThe reason helicopters more successful for the same purpose was very high noise in an urban area like in New York City, San Francisco, big cities. The last thing people are going to want isn\'t all that noise flying around above you and then having to hear it also they were an electric. Having the all electric purpose gives it more of the cleanliness and the environmental friendliness that we\'re trending toward. Getting away from the pollution from helicopters or cars or reducing that congestion. To me it\'s like many of the signals is I\'ll be looking for certification.\nHow\'s that going? Because that\'s going to play a huge part, and if these things even get up off the ground. One interesting thing that I was listening to a video with the CEO of Archer that he said was the United States has an opportunity to continue to have the lead on aircraft and mobility. It really will be up to, he said if the one thing he could really have to push this industry forward would be for the FAA and regulation to really be accommodating and really help drive it forward to maintain or control lead in this space or because other countries are going to do it, they are already doing it.\nReally regulation and how the certification stuff goes is key and then also just safety. Like you said, I think some of these tests flights have had crashes and that\'s inevitable. You\'re seeing even with autonomous vehicles on the road, the crashes are going to happen as they prove this out. That\'s why the certification is very important. The trust in customers saying, am I going to get in one of these things and be safe and feel safe. Helicopters have a little bit of a sense from people on safety, so trust and safety will definitely be huge part and that\'s going to happen from as they start flying these things.\nDeidre Woollard:Absolutely. If the CEO of barter calls you up tomorrow, are you taking to test flight?\nSanmeet Deo:Oh, that\'s tough question. No, because I\'m usually a first-mover on a lot of products. Like if you were to use Apple VisionPro, there\'s not much risk to my life. There is a much higher risks to that.I don\'t want to be the first one. But if I see evidence of lots of flights being successful then maybe I would. Could you?\nDeidre Woollard:I would. If the CEO of GOB wants to call me up and take a flight. I\'m down.\nSanmeet Deo:As always, people on the program may own stocks mentioned in the Motley Fool may have formal recommendations for or against, don\'t buy or sell anything based solely on what you hear. I\'m Dylan Lewis. Thanks for listening. We\'ll be back tomorrow.\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Asit Sharmahas positions in Amazon, Costco Wholesale, ServiceNow, and Walt Disney.Deidre Woollardhas positions in Amazon.com, Costco Wholesale, Walmart, and Walt Disney.Dylan Lewishas no position in any of the stocks mentioned.Sanmeet Deohas pos Last 60 Days of Bitcoin's Closing Prices: [43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-16 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,340,785,348,712 - Hash Rate: 600922569.4689952 - Transaction Count: 355760.0 - Unique Addresses: 621787.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ether has outperformed its larger rival, bitcoin year-to-date. • Bernstein sees five catalysts contributing to the cryptocurrency’s recent gains. • Increased decentralized finance activity is a tailwind for the network. Ether {{ETH}}, the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin {{BTC}}, with a 33% gain year-to-date. This rally is being driven by catalysts other than thepotential approvalof a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased since the Ethereum blockchain’sshiftto a proof-of-stake consensus model in September 2022, the report said, adding that this fact is being underappreciated. The amount of ether locked up is also an important factor. Bernstein notes that ETH held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up. There is ETH locked in staking pools,decentralized finance(DeFi)smart contractsand onlayer-2s. “With the growth of ETH transaction fees based on higher blockchain activity (more DeFi, NFTs, tokens), more ETH holders are incentivized to stake their ETH,” analysts Gautam Chhugani and Mahika Sapra wrote. “And as financial smart contracts on Ethereum Layer 2 networks scale (Arbitrum, Optimism and Polygon), more ETH finds itself locked in smart contracts, leading to a reflexive feedback loop of increased demand,” the authors wrote. TheEigen layer, a protocol used for restaking ether, has also attracted more staking demand, as “ETH (re)stakers gain from new tokens/services launched on Eigen,” the note said. Since the start of 2023, new layer 2 networks have brought scalability and lower fees to the Ethereum network in a revival of decentralized finance, Bernstein said. With further clarity on token regulations, “application tokens such as DeFi tokens could potentially allow revenue sharing with token stakers,” the report said, adding that a “healthy DeFi ecosystem would continue to drive higher activity and Ethereum fees,” and therefore more value accrual to ETH. TheUniswapfee switch proposal, which resulted in a 60% gain in the UNI governance token, is cited as one such example of how “token economic designs” could get better. The last main catalyst is theDencun upgradeof the Ethereum blockchain, planned for March this year. Following the upgrade, “ETH contributors expect a further 90% reduction in Ethereum layer 2 transaction costs and improved profitability of layer 2 networks,” which will reduce congestion on the mainnet and drive higher volumes to the ecosystem, the report added.Read more:Ether Could Be The Next 'Institutional Darling,’ Bernstein Says... - Reddit Posts (Sample): [['u/Global_Jacket4962', 'PSA to whoever ', 37, '2024-03-16 00:04', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', 'I’m pretty sure - but correct me if I’m wrong.\nWe are NOT- yet in the bull run.\nThe bull run takes place after bitcoin halving.\n\nAt least that’s how I remember it.\n\nIs this not the “accumulation stage”\n\nI feel like we’re in different dimensions right now because that’s definitely how I remember it ', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', '1bfr8ht', [['u/rpaulson69', 10, '2024-03-16 01:19', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/kv2mw85/', 'Stacking frantically before 420 I am!', '1bfr8ht']]], ['u/Training-Daikon-7657', "CNBC's Fast Money (@CNBCFastMoney) on X", 46, '2024-03-16 00:24', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/', 'Institutional money about to flooooowwww in. Think what just happened with BTC after the approval of Bitcoin ETFs. \n\nTLRY from $1.8 to $25 then to $75', 'https://twitter.com/CNBCFastMoney/status/1768758916983185722', '1bfrowr', [['u/Tight_Gold_3457', 14, '2024-03-16 00:53', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/kv2j3eb/', 'So glad he said what he did!! He’s right too, this is just retail. What til big boys get in 🚀💰💎🙌🏻', '1bfrowr']]], ['u/Kronos5111', 'Theory about RIOT valuation ', 10, '2024-03-16 01:34', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', 'Was talking to someone about mining companies like RIOT and MARA. He thinks the stock is being shorted hard at the moment because of uncertainty if they will survive after the halving. He said he’s confident though BTC will keep going up to sustainable prices and that their infrastructure is sufficient and this will likely induce a short squeeze after a quarter or two of earnings and BTC price discovery.\n\nWhat do you think about this? In your opinion does it make sense or do you disagree?', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', '1bft8nq', [['u/ZekeTarsim', 10, '2024-03-16 01:59', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/kv2sxzh/', 'Riot and Mara are being shorted, they are being shorted most of the time.\n\nThere are miners that may not survive the halving, Riot and Mara are not among them—both are well positioned to survive.', '1bft8nq']]], ['u/MemoryDealers', 'Now what?', 10, '2024-03-16 04:32', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', 'For those of us who are still interested in P2P electronic cash for the world, what is the next step? \n\n\n1. Continue forward with BSV?\n2. Switch back to BCH?\n3. Switch back to the hope of BTC?\n4. Switch to privacy chains like XMR?\n5. Switch to EVM stuff?\n6. Switch to privacy token platforms like [Zano.org](https://Zano.org) \n7. Do something else? \n', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', '1bfwtf1', [['u/StealthyExcellent', 22, '2024-03-16 05:04', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3hi3a/', "Can we at least all agree it's high time to stop accusing bitcoin devs of crazy conspiracies, extreme bad faith machiavellian schemes, hackings, etc. Especially if you don't have very strong evidence against particular individuals, and instead it's just based on a hunch that bitcoin is being subverted by some generic evil powers that be. I apply that to all the flavours of bitcoin if need be.", '1bfwtf1'], ['u/klawzewitz', 10, '2024-03-16 06:08', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ocx9/', 'How is your lawsuit with Craig going? The one where he sued you for saying "Craig Wright is a liar and a fraud. Sue me.", both of which have been proven to be true at this point.', '1bfwtf1'], ['u/MemoryDealers', 16, '2024-03-16 06:48', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3s1pa/', 'I suspect he will drop the suit now, but currently he still has two pending against me.', '1bfwtf1'], ['u/HootieMcBEUB', 13, '2024-03-16 06:57', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3sw91/', 'Roger.\n\nThink back when Bitcoin was released and recall what the world was like with regards to electronic payments. They were difficult at best. People were rightfully leery. Paypal was barely off the ground if at all. eBay transactions were handled with USPS money orders.\n\nNow we have Google, Apple, PayPal, and many other payment processing options that ease the friction of online electronic cash for many 3rd party sellers.\n\nIt seems like it would be really difficult and highly unlikely for a cryptocurrency to become so wildly popular that it would be accepted at any location that also accepted Visa or Mastercard.\n\nIf anyone could do it, it might be Square given they have the infrastructure for payment processing already in place. Adding a Bitcoin option would be trivial, if they haven\'t done it already.\n\nBSV was never a contender for electronic cash. Once they forked from BCH, they moved to "big data" and started faking big blocks with pictures of hotdogs and toast on a plate (not joking).\n\nSo while I appreciate your message, I think the forks of Bitcoin have been bad for Bitcoin. They haven\'t shown themselves to be anything I would put faith into as the value and parity of BCH to BTC has been a real loser for those who held bags of BCH.', '1bfwtf1'], ['u/shadders333', 13, '2024-03-16 07:15', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ue58/', "You can post in r/bitcoinsv \n\nIt's not as active but I am the only mod as I removed the other. alAnd I've unbanned most of the people that other mods banned over the years.", '1bfwtf1']]], ['u/yourfavoritepenguin7', 'Every time you’re considering selling, read this post! ', 142, '2024-03-16 04:34', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', 'The date is March 12, 2028. The next Bitcoin halving is a month away. \n\n6 months ago, Solana has stolen the 2nd place spot from Ethereum. Making ETH third down the list on Coinmarketcap!\n\nPeople on Reddit are celebrating and making post about how they just became a Solana whole coiner.\n\nSolana has hit an ATH of $7,426.97 \n\nYou own zero SOL.. Unfortunately, you decided to listen to the naysayers. Now you’re kicking yourself. Because back in 2024, you could’ve bought in at $180. But you either didn’t buy or you sold.. \n\nLet’s not forget about the bear market of 2025 when SOL reaches $58. This whole time you could’ve been stacking. But you sold instead.. \n\nNow the people who held and kept stacking since 2024 are buying fully loaded SUVs in cash, and paying off their mortgages. \n\nAm I saying you should put your life savings is SOL? NO! \n\nBecause I don’t know what’s going to happen and SOL can go to $0.0000364 like Terra Luna did. But all I’m saying is, it doesn’t hurt to buy a little here and there. Maybe 1 SOL a month? Whatever you can afford to lose! \n\nJust remember, at one point Ethereum was in the $100 to $200 price range. And Ethereum sucks compared to Solana. This is our second chance! SOL is gonna be massive! \n\nAnd like my Grammy always said, you gotta be in it, to win it! \n\n\n', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', '1bfwuv8', [['u/Fine-Friendship-1292', 83, '2024-03-16 04:58', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3gsq2/', 'So this is one of those times where circulating supply matters…. Solana having over 2 trillion market cap is HIGHLY unlikely', '1bfwuv8'], ['u/LetsPost', 66, '2024-03-16 05:10', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3i8pn/', "I'm guessing OP doesn't understand most of those words.", '1bfwuv8'], ['u/Whocanmakemostmoney', 35, '2024-03-16 05:12', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ihkv/', 'Solana has more circulation supply than ethereum', '1bfwuv8'], ['u/tio_aved', 76, '2024-03-16 05:14', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ip5b/', "I like your enthusiasm, but I'd say more realistically we got an ATH of $800-$1000 in late 2025.", '1bfwuv8'], ['u/ZekeTarsim', 11, '2024-03-16 05:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3iyn3/', 'If your Grammy is so smart, how many SOL does she have?', '1bfwuv8'], ['u/Awkward_Potential_', 27, '2024-03-16 05:21', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3jfo1/', "You're right. It's unlikely. But, ETH has onboarded a small town's worth of people. That's it. It's not a ton of people. \n\nIf Solana gets a killer app on it (Hivemapper, Parallel Colony, DripHaus, Helium Mobile, Teleport, I could probably name 10 more contenders) I think you're sleeping on our chances. If 10% of Uber drivers decide that a Hivemapper dashcam is a sweet way to make an extra $200 a week (conservative estimate honestly) then that's already going to lead to more SOL holders. \n\nHonestly it's not even crazy to think it could happen this cycle. If Solana reaches an escape velocity, it'll get some ETH money flowing into it.", '1bfwuv8'], ['u/Golf_Euphoric', 40, '2024-03-16 05:43', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ltgg/', 'I agree with your price range but I disagree with the timeframe. \n\nI think it will be mid end 2024 into early 2025.\n\nSolana this cycle is an early mover so this is how I came out this thesis.', '1bfwuv8'], ['u/Odd_Delay220', 12, '2024-03-16 05:59', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3neiu/', 'Sold 65% of my solana today I am happy', '1bfwuv8'], ['u/tio_aved', 10, '2024-03-16 06:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3p6yo/', 'Cool I appreciate hearing your anticipation', '1bfwuv8'], ['u/Jackbob7', 20, '2024-03-16 06:27', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3q3yn/', 'You havent made any money, 0, until you sell. Taking profits is all too important which is often overlooked by ex. OP.', '1bfwuv8'], ['u/Odd_Delay220', 11, '2024-03-16 07:06', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3too2/', 'Can’t guarantee anything. I have no need to be greedy.', '1bfwuv8'], ['u/GetRuggedPleb', 10, '2024-03-16 07:22', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3v0yf/', '“Ethereum sucks compared to Solana.” This chimp statement says enough about your whole post.', '1bfwuv8'], ['u/Available_Cloud3875', 44, '2024-03-16 08:16', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3zbi3/', 'Woah a Solana holder and shiller on the SOLANA SUBREDDIT? Say it isn’t so!', '1bfwuv8'], ['u/Zerstoeroer', 10, '2024-03-16 08:55', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv42cev/', '700% for me, not selling before 600.', '1bfwuv8'], ['u/NotFunnyhah', 10, '2024-03-16 11:25', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv4dpwq/', 'He should have disclosed. We would have never guessed!!', '1bfwuv8']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, March 16, 2024', 35, '2024-03-16 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/', '1bfxc7x', [['u/Defacticool', 12, '2024-03-16 05:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3k9qx/', 'I dunno about you but I intend to entirely judge the current state of this market cycle just by how much activity the daily threads in here get this weekend. (not really)\n\nJust a few weeks before the ETF approvals it was dead in here every weekend, and then we seemingly went into full on bull frenzy territory almost over night.', '1bfxc7x'], ['u/dissociatives', 16, '2024-03-16 06:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3owga/', "I finally yolo'd the entirety of my disposable fiat. Ergo now is probably a good time to short, thank me later ;)", '1bfxc7x'], ['u/litecoinboy', 10, '2024-03-16 06:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3sm6h/', 'The world is changing: I feel it in the water, I feel it in the earth, and I smell it in the air.', '1bfxc7x'], ['u/ALL_THE_MONEY', 10, '2024-03-16 07:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3teia/', "Honestly the ETF approvals has me in here more because I literally don't care about daily action. Bitcoin is a legitimate financial instrument now. It took over a decade but it happened. I'm here to see similar comments I saw ten years ago and laugh", '1bfxc7x'], ['u/_TROLL', 13, '2024-03-16 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3ucjx/', "> I finally yolo'd the entirety of my disposable fiat, thank me later ;)\n\nThanks for adding $6.83 to the bitcoin total market cap. 😉", '1bfxc7x'], ['u/_TROLL', 20, '2024-03-16 08:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv3ya05/', 'Imagine you bought $0.00 in BTC when it was $1, then $10, then $100, then $1000, and wound up the head moderator at /r/Buttcoin. 😝', '1bfxc7x'], ['u/Shootinsomebball', 37, '2024-03-16 09:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv454pq/', 'Seeing a few posts recently about how people will be deciding where the cycle top will be.\xa0\xa0I see 4 ways of doing this..,\n\xa0\n1/ Through your research you have decided to use an indicator or combination of indicators to predict the top.\xa0\xa0Using this method means the actual price point of your top only becomes more apparent as you get close to it\n\n2/ You have studied price projection models and have arrived at a cash out price\xa0\n\n3/ Using sentiment judgment.\xa0\xa0Eg coinbase app hitting no1 on apps store, your boomer aunt dumps her retirement into Bitcoin, taxi driver shilling a shitcoin, social media signals etc\xa0\n\n4/ You have a net worth amount in mind.\xa0\xa0This is the method I’ll be using.\xa0\xa0Once there is enough on the table for me to be financially independent, I’ll be cashing out and living off safe, low interest investments.\xa0\xa0I can then use that income to reinvest into Bitcoin and restart a trading journey whilst enjoying the perks of retirement\n\nI think the key take away is stick to your plan.\xa0\xa0In a frenzied bull market it’s easy to get carried away and feel like you’d be leaving so much on the table by cashing out.\xa0\xa0At the top it always feels like we’re about to push into a new phase of price discovery.\xa0\xa0Of course fomo is a thing, but once you press that sell button after hitting you target, the relief will feel good\xa0', '1bfxc7x'], ['u/CompleteApartment839', 15, '2024-03-16 10:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv48zsd/', 'Well said. I think the key advice here is: utility of money often trumps optimizing maximum returns.\n\nI’m getting close to retirement money but it’s not FU money. I keep debating if I want to hold off for that or just peace out and be contented with a more than average lifestyle.', '1bfxc7x'], ['u/John_Crypto_Rambo', 17, '2024-03-16 10:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4b2u7/', 'I like #1 the best because it takes the emotional decision out of your hands. \xa0Emotions are so very high at the top that everything in your being will tell you not to sell and it will feel so wrong. \xa0But the indicators are emotionless, once they hit that is it and you sell or buy. \xa0And that is key. \xa0Because the absolute worst thing you can do is not take action and sit in another bull or bear market out of position. \xa0You don’t have to nail the top or bottom. \xa0Just getting near it is good enough. \xa0I don’t like price or net worth ones because that little devil on your shoulder will start talking. \xa0\n\n“Yes, 200k is nice but what if DiyDude is right and $1 million is on the table? \xa0He says cycles are over.”\n\n“Yes, $X is nice but what if I had $2X and I could be at my goal in this cycle and won’t need another one?”', '1bfxc7x'], ['u/Perriax', 11, '2024-03-16 12:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4iuyg/', "Then it would've been very unusual.", '1bfxc7x'], ['u/lamboworldforus', 13, '2024-03-16 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4iw3i/', 'Then crypto is dead.', '1bfxc7x'], ['u/Cadenca', 23, '2024-03-16 12:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4izti/', 'Good afternoon. I have no idea where the price is headed. That is all, have good day.', '1bfxc7x'], ['u/-balu-', 14, '2024-03-16 13:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4q4wo/', "This is the line I'm looking at: [https://imgchest.com/p/9p4n2xdob4n](https://imgchest.com/p/9p4n2xdob4n)\n\nUntil we break it even crabbing is only a daydream.", '1bfxc7x'], ['u/TonyTuck', 12, '2024-03-16 13:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4qs90/', "Could be.\n\nBut for me it's as probable as going to 300k+ this cycle.", '1bfxc7x'], ['u/VintageRudy', 11, '2024-03-16 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv4xlw2/', "I was thinking I'd find a findom mistress that would charge me over what id get from renting the house out but prob just go with renting something in the part of town I dig. Walking distance to the restaurants I like and pet'friendly", '1bfxc7x'], ['u/xtal_00', 18, '2024-03-16 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5a6sf/', 'I think everyone should panic and dump the price, I don’t have enough yet.', '1bfxc7x'], ['u/WYLFriesWthat', 10, '2024-03-16 16:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5ad6j/', 'The advice my buddy got from his Discord buddy who is supposedly working for some crypto billionaire was: “let’s all step away for a few days and touch grass.”', '1bfxc7x'], ['u/twitterisawesome', 10, '2024-03-16 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5jmxs/', "We were a bit early this year in making new highs and it seems reasonable to expect the market to resume marching upwards after halving. \n\nSo if the price will be making new highs in just 4-5 weeks, does it make sense to dump now? I don't think so. \n\nSo in the end I think we'll end up with a rising wedge or cup pattern as people realize there's no reason to dump this close to halving.", '1bfxc7x'], ['u/btc-_-', 10, '2024-03-16 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5kw1j/', "if we break down below the midterm channel (in blue) and have a few hourly candle closes there, i think i'll turn short-term bearish until the halving. if we can hold the channel and break out of the current wedge, then that's nice and bullish.\n\nchannel and wedge: https://i.imgur.com/58urcog.png\n\nzoomed in a bit: https://i.imgur.com/dRZEbcD.png\n\nlonger term, none of the indicators i'm watching have even been close to flashing. this cycle is far from over, even if we have a bit of a correction here.", '1bfxc7x'], ['u/btc-_-', 52, '2024-03-16 17:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5pgb3/', "this account was deleted but i kind of liked the indicators so i'm going to keep looking at them and updating the sub on their status. they are 11 near-top indicators and their goal isn't to time an exact top.\n\ncurrently, 0 out of 11 indicators are flashing. none have flashed since the 2021 cycle top, as far as i'm aware.\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/1b58wbc/daily_discussion_sunday_march_03_2024/kt842cx/", '1bfxc7x'], ['u/WYLFriesWthat', 10, '2024-03-16 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5ry0a/', 'Jesus Christ. Bitcoin makes an ATH 7% higher than the last one and people need to psych themselves up that the cycle isn’t over. \n\nNGMI.', '1bfxc7x'], ['u/xtal_00', 10, '2024-03-16 18:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5swt2/', 'It’s real, real early.', '1bfxc7x'], ['u/itsthesecans', 18, '2024-03-16 18:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5uy3c/', 'Interesting article from yesterday speculating that the price action Thursday was because of a hedge fund getting rekt trying to fade the MSTR premium.\n\n[https://www.tradingview.com/news/newsbtc:41bbbffaf094b:0-bitcoin-crash-triggered-by-failed-1-billion-hedge-fund-spread-trade-expert/](https://www.tradingview.com/news/newsbtc:41bbbffaf094b:0-bitcoin-crash-triggered-by-failed-1-billion-hedge-fund-spread-trade-expert/)\n\n“Apparently a fund blew out $1b+ on the MSTR-BTC spread trade today. They covered into the close which is why BTC dumped and MSTR premium went to the highs. PNL pocketed by based Saylor and will be put back into BTC.”', '1bfxc7x'], ['u/snek-jazz', 13, '2024-03-16 18:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv5xshi/', "of all CEOs shorts picked to fuck with, Saylor may have been a poor choice, you know he'll go balls to the wall to drain everything out of them.", '1bfxc7x'], ['u/pseudonominom', 10, '2024-03-16 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv61ndt/', 'Honey badger don’t differentiate.', '1bfxc7x'], ['u/noeeel', 11, '2024-03-16 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv63wev/', 'I still think a larger correction is coming, weekly still extremly overbought. 50k before 100k is still my assumption', '1bfxc7x'], ['u/Teatrack', 13, '2024-03-16 19:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv64ru7/', 'Weekly needs to stay overbought for $100k. Overbought rsi is bullish. Weekly RSI starts closing below 70 is a warning flag', '1bfxc7x'], ['u/Whole-Emergency9251', 18, '2024-03-16 19:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv64ybf/', "$66K support, if it breaks $61.5K and we'll go sideways though halving. Not to worry, this is just pre-having rally retrace. Month or so after halving, we'll go parabolic again.", '1bfxc7x'], ['u/Defacticool', 11, '2024-03-16 19:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv65439/', ">and updating the sub on their status\n\nThank you, you're a god send", '1bfxc7x'], ['u/snek-jazz', 22, '2024-03-16 19:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv68n02/', 'by everyone do you mean the ~150 people active on his sub or... ?', '1bfxc7x'], ['u/Effayy', 12, '2024-03-16 19:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv68zjc/', "A rug pull is defined by owners/producers of a currency providing unrealistic promises and dumping their pre-mined / pre-allocated to the masses leaving bag-holders with a useless token which won't receive further development. So this is what you're saying? Satoshi works for Greyscale and he's dumping BTC to 0?", '1bfxc7x'], ['u/Magikarpeles', 16, '2024-03-16 19:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv69z63/', 'Bat signal on the 1d RSI. Hopefully he answers our call..', '1bfxc7x'], ['u/relephants', 11, '2024-03-16 19:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6a2ph/', "That's not what a rug pull is", '1bfxc7x'], ['u/Outrageous-Net-7164', 20, '2024-03-16 19:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6awlf/', 'I’ve probably gone too early here but I’ve bought a decent chunk Today.\n\nBiggest purchase since April 2020 (Covid)', '1bfxc7x'], ['u/btctrader12', 13, '2024-03-16 20:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6cguv/', 'It’s so funny to see people come up with narratives after the events happen here. Price keeps going up? More inflows. Price went down? Inflows reduced and a fund had to close their position because the price went down. \n\nSo what you’re saying is that the price went down because there’s less money flowing into the market? Thanks Sherlock. \n\nWhat matters is future inflows, future position covers, and future events. If you can’t predict this, looking at what’s recently happening is useless. Following trends overall works since people follow them. There isn’t any magic to them except people getting together and entering a self fulfilling prophecy. It works until it doesn’t', '1bfxc7x'], ['u/xtal_00', 14, '2024-03-16 20:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6d8dp/', 'If that happened, it’s puke bucket, leverage, and home equity time.', '1bfxc7x'], ['u/pseudonominom', 14, '2024-03-16 20:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6epsu/', 'It’s not even that low. The euphoria is making people silly.', '1bfxc7x'], ['u/oncemoor', 11, '2024-03-16 22:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv6zybq/', 'The Degens thought they could leverage themselves and ride the backs of Wall Street. Never was going to happen, just too easy to liquidate and allow Wall Street to recoup the premiums they been paying with leveraged traders front running them. Everyone is so focused on ETF inflows but have forgotten that leveraged traders make the inflows look like a drop in the bucket. The +20x leveraged traders have been liquidated. Let’s see how the 10x do. Same game just different whales now.', '1bfxc7x'], ['u/twitterisawesome', 12, '2024-03-16 22:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70itj/', 'Is this the price discovery everyone is talking about? lol', '1bfxc7x'], ['u/make_n_bake', 14, '2024-03-16 22:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70vux/', 'providing opportunity', '1bfxc7x'], ['u/xtal_00', 22, '2024-03-16 22:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv70xmf/', 'People with high time preference are outing themselves?', '1bfxc7x'], ['u/TouchMyTumor', 14, '2024-03-16 22:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv7115d/', 'Someone call the bitcoin CEO immediately', '1bfxc7x'], ['u/Far_Statement_2808', 23, '2024-03-16 22:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv71kpz/', 'The price went from ~$42k in the beginning of February to $70k in a month. Does that not strike folks as a bit ambitious? If we hold $60k it will be a good start for the next move.', '1bfxc7x'], ['u/AccidentalArbitrage', 16, '2024-03-16 23:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv76ltu/', 'returning to prices not seen since....yesterday?', '1bfxc7x'], ['u/ChadRun04', 12, '2024-03-16 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bfxc7x/daily_discussion_saturday_march_16_2024/kv7bdma/', 'I thought the instructions were clear. Buy another car to go long again.', '1bfxc7x']]], ['u/Bitbuyer313', "Why I'll never stop attempting to orange pill everyone i cross paths with.", 47, '2024-03-16 05:09', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/', "While it's easy to get frustrated at how long it takes people to fully wrap their head around and understand Bitcoin, I think this is an unintended feature and not a problem. \n\nIf Bitcoin was easy enough for everyone to grasp almost immediately there would currently be none left for sale.\n\nNot to mention that it's slow burn allowed for it to grow from a small flame that governments ignored, to the raging and unstoppable wildfire that it is today.\n\nHave patience with those who shrug it off when you try to orange pill them. I've lost count of how many people I've explained Bitcoin\u202fto over the years that were quick to shrug it off but became interested in it and began to study it as NGU.\n\nFor many, (myself included) it's a multi cycle learning curve to gain the level of convinction I have now.\n\nI absolutely regret not buying more in my earlier years, but consider myself lucky that I accidentally discovered it when I did in mid 2017.\n\nI'll never stop trying to orange pill people. Sometimes all it takes is planting the seed and letting NGU water and nurture it for you.", 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/', '1bfxifr', [['u/Tasty_Action5073', 30, '2024-03-16 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3jl8z/', 'I made peace with this a month ago. I realized that while I really want my friends to understand before “the price gets too high”, if my friends were already Bitcoiners, the price would have already got too high. \n\nFunny how this works, it’s all the same, it’s just a matter of the timeline. If my friends were Bitcoiners we would already be at $300K. And when they do, the price will also be at $300K. \n\nSo I gave up, I now only answer the curious.', '1bfxifr'], ['u/Bitbuyer313', 12, '2024-03-16 05:24', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3jsx1/', '💯💯 Everyone buys Bitcoin at the price they deserve, myself included.', '1bfxifr'], ['u/Supercc', 17, '2024-03-16 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv3kwxi/', "Good for you. I don't try to convince anyone and feel 0 frustration. I just keep stacking them SATs, smile and live my life.", '1bfxifr'], ['u/Zealousideal_Neck78', 10, '2024-03-16 09:42', 'https://www.reddit.com/r/Bitcoin/comments/1bfxifr/why_ill_never_stop_attempting_to_orange_pill/kv45uxf/', "I didn't know Bitcoin was a religion.", '1bfxifr']]], ['u/veganlandfill', '35:30 Hour Community Auction Zalher Holler', 32, '2024-03-16 05:31', 'https://www.reddit.com/r/Currencytradingcards/comments/1bfxx3g/3530_hour_community_auction_zalher_holler/', 'Auction starts as soon as post is live. \n\nAuction ends noon 12:00 PM EST Sunday March 17th\n\nAuction open to all community members. I will cover domestic shipping costs, if winner is international I will cover shipping up to 50$usd.\n\nPlease use my LOT Number Comments to make your bids, that is the only place I will accept bids, no DMs. If you are OUTSIDE of my lot comments making a bid, please format in this method "Lot (number), (bid amount)", but try not to do that for sanities sake. \n\nLOTS include signed, numbered print directly from artist with accompanying gemstone refractor. \n\nLOT Descriptions:\n\nLot 1: series 1 4 Ethereum Signed Print 2/10 with Beryl refractor. Starting bid 75$; bid increment 5$\n\nLot 2: series 1 26 fiat Signed Print 1/10 with Emerald refractor. Starting bid 85$; bid increment 5$\n\nLot 3: series 2 59 Sam Bankman-Fried Signed Print 1/10 with Amethyst refractor. Starting bid 100$; bid increment 5$\n\nPayPal or btc payments only. Payment required within 2 hours of close of auction or I move down the list of high bidders. I may or may not confirm you as the high bidder while the post is active. \n\nHappy to answer any questions. Huge shout out to Thomas Zahler, absolute shining human responsible for a ton of incredible art across series 1 and 2. I have received his blessing to do this and hope to be able to do this in the future!\n\nNote: Lot 3 is actual scale, Lot 2 and 1 are not to scale because I\'m a silly goose. If any mediation is needed for any reason, I will respectfully request a forum mod be the arbiter to avoid any bias from me. \n\nGood luck in the universe and I\'m glad you\'re here!', 'https://www.reddit.com/gallery/1bfxx3g', '1bfxx3g', [['u/SPAClivesmatter', 10, '2024-03-16 05:51', 'https://www.reddit.com/r/Currencytradingcards/comments/1bfxx3g/3530_hour_community_auction_zalher_holler/kv3mlu6/', 'You little sneaky vegan bastard how did you acquire these?', '1bfxx3g']]], ['u/rBitcoinMod', 'Daily Discussion, March 16, 2024', 35, '2024-03-16 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1bf74bx/daily_discussion_march_15_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/', '1bfzghk', [['u/harvested', 10, '2024-03-16 08:18', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv3zjge/', 'Thought it was a record week?', '1bfzghk'], ['u/Visara57', 17, '2024-03-16 12:15', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4hz4r/', 'Instructions unclear, bought more bitcoin', '1bfzghk'], ['u/Just1_More', 12, '2024-03-16 12:26', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4j1m5/', 'The Microstragety team is buying $525 million worth of bitcoin this weekend.', '1bfzghk'], ['u/aaron2933', 13, '2024-03-16 13:51', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4rxt6/', 'I love the posts of people selling a bunch of stuff, loans, whatever to go all in on btc _after_ the price has pumped', '1bfzghk'], ['u/IronRambler', 11, '2024-03-16 14:19', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv4vg8b/', 'Same. I was putting as much as I could into Bitcoin over the last year +. Now I have friends talking about liquidating other assets to put into Bitcoin and I’m like where was this conviction a year ago?', '1bfzghk'], ['u/Simply2use', 14, '2024-03-16 15:24', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv54g6k/', "The etf's are buying a 1 to 1 on behalf of their customers. Larry may very well have his own money custodied and therefore be buying bitcoin etf's himself. But all of this buying is for the customers.\n\n\nGreyscale are the ones selling and dropping the price. If anything I'd be more concerned that Michael Sonnenshein is keeping the greyscale etf fee high to encourage selling to drop the price so he himself can load up.\n\n\nNot simping for fink but his incentives aline with the price going up not down. Higher price more fomo, more fomo more investors, more investors more inflows for blackrock.\n\n\nAt least until and unless they get etp's approved.", '1bfzghk'], ['u/RMCustoms', 10, '2024-03-16 20:36', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6i23w/', 'Comments like this give me hope that we’ll never get near the 40s again', '1bfzghk'], ['u/iM0bius', 13, '2024-03-16 21:48', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6tdl6/', 'Omg brother. You just became the pin up poster for the reason to hold', '1bfzghk'], ['u/iM0bius', 13, '2024-03-16 22:04', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6vuyi/', '45k is very unlikely in my opinion. Two huge support zones rest between 60,700 and 66,700. The lowest I could possibly see is 58k, but I even find this unlikely.\n\n\nOne of the US largest wealth management companies just announced they will start offering the BTC etfs to their clients. They start training their financial professionals in 9 days. Whales will more then likely buy before this comes online. As the firm has close to 200 billion in assets under management as of today, and more then 12000 financial professionals in the organization. They could easily match the inflows to date into the ETFs\n\n\nThis is only my opinion, always do your own research.\xa0', '1bfzghk'], ['u/Ok_Art_2874', 12, '2024-03-16 22:19', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6y5uc/', 'Stop trading BTC. Just buy and hold - aka HODL', '1bfzghk'], ['u/Paria1187', 10, '2024-03-16 22:26', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv6z6cw/', 'I bought the dip, but it keeps dipping 🥲', '1bfzghk'], ['u/Ratatablabla', 11, '2024-03-16 22:40', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv71ejw/', 'From your behind?', '1bfzghk'], ['u/Ramdom_c-137', 11, '2024-03-16 23:21', 'https://www.reddit.com/r/Bitcoin/comments/1bfzghk/daily_discussion_march_16_2024/kv77m6x/', "Guys this is such a power play move by institutions. \n\nCatch everyone by surprise with ATH before halving literally never happened before. \n\nWatch the leveraged noobs over leverage thinking it can't possibly crash 20-30% before halving if it hit ATH..\n\nYou can't short BTC if it keeps dropping at its current rate, you can't long BTC without interest payments which are ludicrous on a high leverage. This eats up liquidity one way or another.\n\nPeople have to lose money in order to stabilise a higher price. \n\nDo you see mass selling by the ETFs? Is Michael Saylor dumping? They have the balls and funds to ride this train, if you don't have the risk tolerance to ride this roller coaster then unfortunately you will lose. Buy more in these dips and watch your DCA improve. This game has just begun, we're looking at the best outcome in 8-12 years from now. HoDL is key. Sell when you want but selling at a loss is just plain stupid, you know without a doubt where Bitcoin is heading, don't let the Fear, uncertainty or doubt cloud your judgement. The software behind bitcoin is pioneering a new age of financial freedom. You're on the right side of history. \n\nI remember people said it would never hit $0.01 back in 2009 and I listened to these morons going against my gut instinct. I should be a centi-billionaire right now. (I'm totally glad I'm not btw, I'd definitely end up being a megalomaniac with that kind of power)\nNever again will I make this mistake.\n\nThose who do not learn history are doomed to repeat it.", '1bfzghk']]], ['u/Comfortable_Pen_3809', 'Thoughts on this bull run?', 11, '2024-03-16 08:26', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/', 'Bitcoin has just reached an all time high before the halving event, proving this bull run is/will be different from those in the past. I am all in on Aero, but I can’t help but feel like this bull market will be throwing more curveballs than we’ve seen in the past. Aero is looking like a solid investment, but I am expecting the market to perform differently than it has in the past making it hard to know when to pull out, and when to avoid panic selling, etc. Is anyone else paranoid and feeling overly cautious?😅\n', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/', '1bg0lrk', [['u/pillowdemon', 11, '2024-03-16 10:21', 'https://www.reddit.com/r/AerodromeFinance/comments/1bg0lrk/thoughts_on_this_bull_run/kv48rn9/', 'You caught me after a couple drinks so heads up\n\nI\'m seeing several factors at play:\n\n1. Crypto was massively popularized during the last bull run partially as an offshoot of newly minted retail investors transitioning over from the GME short squeeze. Add Elon Musk almost single-handedly catalyzing memecoins into market legitimacy and it\'s this big bang event of new investors popping into existence out of basically nowhere. \n2. The ratio of veterans to noobs seems higher this run. So we have more people who\'ve gotten their hands dirty for at least one cycle and know for a fact that there are significant gains to be had in crypto, along with more whales day trading the highs and lows. So I\'m seeing this frankly terrifying and hilarious mix of fresh noobs flooding the memecoin subs proliferating and reinforcing extremely bad habits off each other, along with what I suspect are more veteran investors sliding in and encouraging bad habits because they stand to gain real profits off hapless noob retail investors buying dip after dip and contuining to hold well past preposterous spikes, en masse at that.\n3. Overall, crypto as a real mechanism to make meaningful returns on small buy-ins has gained more acceptance, or perhaps more raw acknowledgement in modern society. But I think this bull run is developing two subdivisions: the first being noobs and veterans who are in it to pump and dump memecoins for quick multipliers, and the second being basically the average userbase of this sub, where generally it seems we have some interest in the underlying technology and utility of crypto as a force that\'s slowly gaining traction in geopolitical socioeconomics, are probably sick of babysitting charts every second to catch flash-in-the-pan 11x multiplier windows, and have more of the fundamental tools needed to navigate this new and developing investment space which essentially acts as both a microcosm and a huge exaggeration in both timeframe and returns of "actual" traditional investing.\n\nThese factors all lead to my guess (and that\'s what this is about to be, literally just guesses) that the huge gigantic flash-pan 100x 2-minute explosions will be more toned down this run, to the eventual disappointment of noob retail investors who choose to remain uninformed about the basics of crypto and investing, and a shift toward tokens with at least some inherent technological value like AERO as more people acknowledge crypto\'s reach and utility in transforming everyday finance.', '1bg0lrk']]], ['u/muff-muncher-420', 'Bitcoin Blowout: Plunging Crypto Prices Trigger $800 Million in Liquidations', 122, '2024-03-16 09:08', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/', 'Going long when already trading at an ATH? What could possibly go wrong?', 'https://decrypt.co/221922/bitcoin-blowout-plunging-crypto-prices-800-million-liquidations', '1bg15xz', [['u/muff-muncher-420', 62, '2024-03-16 11:36', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4ep6g/', 'Yep. And that 7% dip, which is just a regular day in the Bitcoin world managed to wipe out $800 million.\n\nWith it trading at ATH, the likelihood of a drop is massive. To have enough confidence to go long from that price point is top tier degeneracy.', '1bg15xz'], ['u/customtoggle', 34, '2024-03-16 11:56', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4gdw3/', "'It's also only up 1.4% from 2021'\n\n\nLmao, hilariously sad", '1bg15xz'], ['u/ProfanestOfLemons', 18, '2024-03-16 12:08', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4hcqb/', 'why do you care about downvotes', '1bg15xz'], ['u/deadcactus101', 10, '2024-03-16 12:23', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4ipdq/', "Inflation never topped 10%. Annualized from 2021 it's somewhere around 6%. A 4% real return is nothing to write home about, but also not nothing. It actually outperformed most asset classes in that period. Stocks are a natural hedge against inflation because they're value is based on claims of companies cash flow which not surprisingly on average increase at the same rate as inflation (actually slightly better because debt decreases in real terms).", '1bg15xz'], ['u/borald_trumperson', 67, '2024-03-16 14:02', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv4tcb4/', 'Less than a week over ATH. Real return of -20% in three years\n\nAnd these idiots still come to gloat', '1bg15xz'], ['u/LuDux', 81, '2024-03-16 15:00', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv50vf6/', 'Quick! Mortgage your house! Max your credit cards! Go all in!', '1bg15xz'], ['u/markbyrn', 17, '2024-03-16 15:01', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv512lz/', "It's just a transfer of wealth 😜", '1bg15xz'], ['u/Major_Needleworker36', 49, '2024-03-16 15:03', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv51dju/', 'Whales: "Did we get retail interested yet?"\n\nWhales: "I think we did!"', '1bg15xz'], ['u/liveduhlife', 59, '2024-03-16 15:13', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv52rlr/', 'As much as I’d like to agree with you, cherry picking time frames isn’t a good look.', '1bg15xz'], ['u/borald_trumperson', 26, '2024-03-16 15:14', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv52zbc/', 'Hardly cherry picking to say it\'s gone nowhere in 3 years. Zero returns. My stocks have done better than that. It also defeats this idiot "number go up forever" mantra', '1bg15xz'], ['u/cjorgensen', 15, '2024-03-16 15:59', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv59mbj/', 'My AAPL stock has gone no where in two years. Zero returns.\n\nNow, if you look at the 10 year return…', '1bg15xz'], ['u/PerfectZeong', 10, '2024-03-16 16:14', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5bxe9/', 'Realistically most of the people who invested in crypto would have put their money in near the peak so it makes sense.', '1bg15xz'], ['u/borald_trumperson', 22, '2024-03-16 17:03', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5jnvf/', 'AAPL has been paying a dividend\n\nBitcoin is just a pump and dump', '1bg15xz'], ['u/WillistheWillow', 18, '2024-03-16 17:59', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5smv7/', 'Bleed them slowly, the idiots will always "buy the dip."', '1bg15xz'], ['u/CallMeAnanda', 21, '2024-03-16 18:16', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv5vgmd/', 'Right, so while the price has been flat for 3 years, you have more shares at that same price. You still made money.', '1bg15xz'], ['u/Tanksgivingmiracle', 12, '2024-03-16 18:48', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv60rh2/', 'Do that for apple, google, and microsoft too...', '1bg15xz'], ['u/Cerael', 16, '2024-03-16 19:06', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv63nx0/', 'Bought on margin', '1bg15xz'], ['u/borald_trumperson', 12, '2024-03-16 19:22', 'https://www.reddit.com/r/Buttcoin/comments/1bg15xz/bitcoin_blowout_plunging_crypto_prices_trigger/kv665sg/', "Yes as the commenter be... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', 'WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', "VILNIUS, LITHUANIA / ACCESSWIRE / March 17, 2024 /BITmarketshas published its Crypto Outlook 2024, a research with the ambition to explore digital assets capable of transforming the crypto world in 2024. Besides the awaited Bitcoin halving, the analytical team of the crypto exchange explored the potential of new rising stars such as Helium or AVAX.\nThe study also examines events poised to shape Bitcoin's trajectory in 2024, including the development of exchange-traded funds (ETFs), providing insights into what lies ahead for the cryptocurrency.\nYou can find more information on BITmarkets' outlook on 2024 in thestudy.\nBITmarkets is a cryptocurrency exchange which offers 24/7 support in 15 languages. Traders can engage in spot trading in 150+ cryptocurrencies as well as trade innovative futures contracts. BITmarkets has also introduced its native utility token, BTMT, which has entered the free market as of 4th March, with its listing on the BITmarkets exchange for trading and purchase.\nBITmarkets Spot Trading Services are provided to you by UAB BITmarkets, which is an authorized virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under the licence no: 306062346, supervised by the Financial Crime Investigation Service and acting under the trademark BITmarkets.\nThe information provided in this article is intended for educational purposes only and should not be construed as professional advice, financial advice or trading advice. Any reference to specific investment should not be interpreted as an advice or recommendation. Before making any investment decisions, readers should conduct their own research and consult with a financial advisor considering that cryptocurrency investments are speculative in nature and carry inherent risks. The author of the article and the affiliated Company shall not be held responsible for any loss or damage incurred due to the information provided in this article.\nPR Contact:[email protected]\nSOURCE:BITmarkets\nView the originalpress releaseon accesswire.com", "VILNIUS, LITHUANIA / ACCESSWIRE / March 17, 2024 /BITmarketshas published its Crypto Outlook 2024, a research with the ambition to explore digital assets capable of transforming the crypto world in 2024. Besides the awaited Bitcoin halving, the analytical team of the crypto exchange explored the potential of new rising stars such as Helium or AVAX.\nThe study also examines events poised to shape Bitcoin's trajectory in 2024, including the development of exchange-traded funds (ETFs), providing insights into what lies ahead for the cryptocurrency.\nYou can find more information on BITmarkets' outlook on 2024 in thestudy.\nBITmarkets is a cryptocurrency exchange which offers 24/7 support in 15 languages. Traders can engage in spot trading in 150+ cryptocurrencies as well as trade innovative futures contracts. BITmarkets has also introduced its native utility token, BTMT, which has entered the free market as of 4th March, with its listing on the BITmarkets exchange for trading and purchase.\nBITmarkets Spot Trading Services are provided to you by UAB BITmarkets, which is an authorized virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under the licence no: 306062346, supervised by the Financial Crime Investigation Service and acting under the trademark BITmarkets.\nThe information provided in this article is intended for educational purposes only and should not be construed as professional advice, financial advice or trading advice. Any reference to specific investment should not be interpreted as an advice or recommendation. Before making any investment decisions, readers should conduct their own research and consult with a financial advisor considering that cryptocurrency investments are speculative in nature and carry inherent risks. The author of the article and the affiliated Company shall not be held responsible for any loss or damage incurred due to the information provided in this article.\nPR Contact:[email protected]\nSOURCE:BITmarkets\nView the originalpress releaseon accesswire.com", 'Cryptocurrency has been on theinvesting scene for a while, since the release ofBitcoin in 2009. Bitcoin is still the most popular cryptocurrency, and its name has become somewhat synonymous with cryptocurrency. But there are many other cryptocurrencies — over 9,000 at last count.\nCheck Out:13 Cheap Cryptocurrencies With the Highest Potential Upside for YouRead Next:5 Genius Things All Wealthy People Do With Their Money\nSince the advent of Bitcoin, investing in cryptocurrency has moved from a venture shrouded in mystery and available only to a technically savvy few, to an easy-to-access and potentially profitable asset for the average investor.\nHere’s what to know about building wealth with cryptocurrency in 2024.\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nCryptocurrency is a decentralized currency that is digital and encrypted. It is not tied to any single country, or group of countries, like the U.S. dollar or the Euro. It uses blockchain technology to record and verify transactions, so theoretically, it cannot be forged, lost, or stolen.\nCryptocurrency is a volatile investment, so keep in mind that you could lose money in these transactions.\nIn January 2024, the SEC approved Bitcoin ETFs. These funds hold bitcoin as the underlying asset, as opposed to previous crypto ETFs which used futures contracts. Buying spot Bitcoin ETFs means you can purchase shares of the ETF, which is backed by physical holdings of the cryptocurrency. The SEC is considering approving spot Ethereum ETFs next.\nYou can trade Bitcoin and other crypto ETFs in most brokerage accounts, so you may be able to do so in the account you already have.\nYou can also buy and sell cryptocurrencies on a crypto exchange. Coinbase is a common crypto exchange. To invest this way, you will be trading pairs of cryptocurrencies, similar to the way foreign exchange works with currency pairs. For example, you might trade Bitcoin for Dogecoin, or vice versa.\nIf the idea of buying a single cryptocurrency is daunting to you, consider a cryptocurrency ETF. These funds do not hold physical cryptocurrencies but invest in futures. ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an example of this type of fund. Another option is Global X Blockchain ETF (BKCH) which holds Coinbase and other crypto exchange companies. These funds offer more diversity than spot ETFs.\nSome crypto ETFs hold more than one cryptocurrency, which gives you more diversification than you would get by buying a fund that holds Bitcoin only.\nToday, buying crypto is as easy as buying stocks, mutual funds, or ETFs. You can probably already buy crypto ETFs in your existing brokerage account. If you want to buy physical crypto, you can use a cryptocurrency exchange. Then it’s just a matter of managing your investment.\nLearn More:8 Best Cryptocurrencies To Invest In for 2024\nInvesting in crypto for the purpose of building wealth is guided by many of the same principles that stock market investors follow. Understand what you are buying (“Buy what you know,” as a certain successful investor would say), be patient, do your homework, and be rational. That’s the best way to build wealth, in 2024 and beyond.\nThis article originally appeared onGOBankingRates.com:A Beginners Guide to Cryptocurrency Wealth Building in 2024', "As of this writing, the overall cryptocurrency industry carries a market cap of $2.7 trillion. Investors have undoubtedly warmed up to digital assets in the past year or so, following the crypto winter of 2022.\nThe world's most valuable cryptocurrency,Bitcoin(CRYPTO: BTC), is getting a lot of attention amid the market's resurgence. Its price has skyrocketed 340% since the start of 2023, thanks to a number of positive developments, and is now in record territory.\nIt's understandable if you believe that the best move is to wait until there's a huge pullback. But I think that would be a mistake. Bitcoin still has huge upside, which makes it the ultimate cryptocurrency to buy with $1,000 right now.\nIn January, the Securities and Exchange Commission approved the launch of spotBitcoin exchange-traded funds(ETFs), which was a monumental event for the industry. It basically turned Bitcoin into a legitimate financial asset in the eyes of regulators and Wall Street, after years of being viewed as a useless investment reserved for cypherpunks.\nThe big breakthrough means that now it is effortless to gain Bitcoin exposure via a regulated investment vehicle. And because of this, investors have flocked to the crypto.BlackRock's ETF alone has attracted nearly $16 billion. That has certainly helped to drive up the price.\nIt is also likely benefiting from anticipation of theupcoming halving. This happens every four years, and it cuts the supply of new bitcoins entering the market in half.\nHistorically, the halving has been an extremely bullish event for the price of the crypto. And so far this year, we're seeing a similar trend play out. The next 12 to 18 months could see a continuation of the bull market.\nI think another catalyst, one that's more powerful and enduring, is the growing interest in owning an asset outside of the current financial system. People have seen over the past few years just how rapidly global debt has ballooned. This is becoming a bigger problem in the U.S. And there is no reason to believe it is going to change anytime soon.\nIt's likely that increasing numbers of investors see the situation as unsustainable. Putting some money into Bitcoin -- what could be a financial hedge -- seems like the right move.\nEven at all-time highs, I believe Bitcoin still has room to run. In fact, it could be one of the most promising investments if we view things with a 5- or 10-year outlook. This thesis rests on Bitcoin becoming an attractive store of value in the eyes of individual and institutional investors, as well as corporations and governments.\nBitcoin's defining characteristic has to be that it has a fixed supply cap of 21 million, of which about 19.7 million now are in circulation. This is in stark contrast to most other cryptocurrencies out there. And it makes it superior to holding the U.S. dollar, which continues to lose purchasing power with each passing year.\nIt makes sense to compare Bitcoin to gold. But even this comparison clearly shows thatthe precious metal is inferior. Consequently, the digital coin's current market cap of $1.4 trillion could not only one day rise 10-fold to get to par with gold's global value, but it also could even exceed it. That's a very real possibility.\nBitcoin is only about 15 years old. It still has a long way to go to become an established asset class. And this translates into sizable upside, even though it's at peak prices today.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Right Nowwas originally published by The Motley Fool", "The arrival ofBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) is a complete game changer. Not only do they legitimize Bitcoin, but they also provide a new means for investors seeking exposure to the cryptocurrency.\nPreviously, buying Bitcoin meant going through a cryptocurrency exchange, which could be a challenging task for those not proficient with technology. However, with the introduction of ETFs, investing in Bitcoin is as simple as buying stocks of your favorite company, effectively democratizing access to the cryptocurrency.\nWhile the Bitcoin ETFs have already proven to be one of the most successful launches in ETF history, you won't see me buying them. Here's why.\nYou could think ofBitcoin ETFsas very similar to gold ETFs. When you buy a gold ETF, you don't get gold bullion. You essentially get a receipt saying you own a certain amount of shares within the ETF. The fund sponsors are the ones buying and selling physical gold.\nIn the same way, when you buy a Bitcoin ETF, you are not provided with actual Bitcoins. While you can't hold a Bitcoin like you can a gold coin or bullion, there are still implications to be aware of.\nWhen you own actual Bitcoin and not an ETF equivalent, you benefit in three significant ways. First, you are eliminating any counterparty risk and preserving autonomy. The firms offering these ETFs are the ones that hold the Bitcoins. What if there is a security breach? What if the government orders the seizure of all Bitcoin? This may sound hysterical, but it happened with gold in the 1940s. If a similar situation unfolded, those companies holding your Bitcoin would likely comply, and you would be left with nothing.\nWhen you own actual Bitcoin, you have complete control over your private keys and can store your assets in a secure hardware or software wallet of your choice. This eliminates the need to trust a third-party custodian or intermediary to hold your Bitcoin on your behalf, reducing the risk of hacking, fraud, or other security breaches associated with ETF providers.\nSecond, you are in direct control of your Bitcoin. In contrast to stock exchanges with fixed trading hours, Bitcoin trades 24 hours a day, seven days a week. If you need to sell some of your holdings late on a Saturday night, you can do just that. The same goes for buying. With the ETFs, you are limited to the set trading hours of the exchange, Monday through Friday, from 9:30 a.m. to 4 p.m. East Coast time.\nThird, by owning Bitcoin you can use your holdings in ways that are unique to cryptocurrencies. For example, you can send Bitcoin to other individuals anywhere in the world as payment. You can't send your ETF holdings. In addition, there are new and innovative applications being developed to leverage Bitcoin. Although the process is relatively nascent, Bitcoin owners can lend their holdings to other investors and earn a yield or even swap their Bitcoin for other cryptocurrencies through a decentralized exchange.\nNow, I will be the first to acknowledge that these reasons might not resonate with everyone. Or maybe you have no idea how to use a cryptocurrency exchange. In this case, Bitcoin ETFs can be a useful means of gaining exposure.\nPerhaps you have a 401(k) retirement savings plan where your employer matches contributions. As long as your provider offers one of the Bitcoin ETFs, you could gain exposure with your money and your employer's. Who doesn't love the idea of some free Bitcoin?\nWhatever your preference, Bitcoin is proving to be anecessary componentof any portfolio. Whether you own Bitcoin or choose ETFs, rest assured that you are setting yourself up for long-term success and will benefit from Bitcoin's historic journey of price appreciation.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin vs. Bitcoin ETFs: Here's What I'm Buyingwas originally published by The Motley Fool", "The arrival ofBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) is a complete game changer. Not only do they legitimize Bitcoin, but they also provide a new means for investors seeking exposure to the cryptocurrency.\nPreviously, buying Bitcoin meant going through a cryptocurrency exchange, which could be a challenging task for those not proficient with technology. However, with the introduction of ETFs, investing in Bitcoin is as simple as buying stocks of your favorite company, effectively democratizing access to the cryptocurrency.\nWhile the Bitcoin ETFs have already proven to be one of the most successful launches in ETF history, you won't see me buying them. Here's why.\nYou could think ofBitcoin ETFsas very similar to gold ETFs. When you buy a gold ETF, you don't get gold bullion. You essentially get a receipt saying you own a certain amount of shares within the ETF. The fund sponsors are the ones buying and selling physical gold.\nIn the same way, when you buy a Bitcoin ETF, you are not provided with actual Bitcoins. While you can't hold a Bitcoin like you can a gold coin or bullion, there are still implications to be aware of.\nWhen you own actual Bitcoin and not an ETF equivalent, you benefit in three significant ways. First, you are eliminating any counterparty risk and preserving autonomy. The firms offering these ETFs are the ones that hold the Bitcoins. What if there is a security breach? What if the government orders the seizure of all Bitcoin? This may sound hysterical, but it happened with gold in the 1940s. If a similar situation unfolded, those companies holding your Bitcoin would likely comply, and you would be left with nothing.\nWhen you own actual Bitcoin, you have complete control over your private keys and can store your assets in a secure hardware or software wallet of your choice. This eliminates the need to trust a third-party custodian or intermediary to hold your Bitcoin on your behalf, reducing the risk of hacking, fraud, or other security breaches associated with ETF providers.\nSecond, you are in direct control of your Bitcoin. In contrast to stock exchanges with fixed trading hours, Bitcoin trades 24 hours a day, seven days a week. If you need to sell some of your holdings late on a Saturday night, you can do just that. The same goes for buying. With the ETFs, you are limited to the set trading hours of the exchange, Monday through Friday, from 9:30 a.m. to 4 p.m. East Coast time.\nThird, by owning Bitcoin you can use your holdings in ways that are unique to cryptocurrencies. For example, you can send Bitcoin to other individuals anywhere in the world as payment. You can't send your ETF holdings. In addition, there are new and innovative applications being developed to leverage Bitcoin. Although the process is relatively nascent, Bitcoin owners can lend their holdings to other investors and earn a yield or even swap their Bitcoin for other cryptocurrencies through a decentralized exchange.\nNow, I will be the first to acknowledge that these reasons might not resonate with everyone. Or maybe you have no idea how to use a cryptocurrency exchange. In this case, Bitcoin ETFs can be a useful means of gaining exposure.\nPerhaps you have a 401(k) retirement savings plan where your employer matches contributions. As long as your provider offers one of the Bitcoin ETFs, you could gain exposure with your money and your employer's. Who doesn't love the idea of some free Bitcoin?\nWhatever your preference, Bitcoin is proving to be anecessary componentof any portfolio. Whether you own Bitcoin or choose ETFs, rest assured that you are setting yourself up for long-term success and will benefit from Bitcoin's historic journey of price appreciation.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin vs. Bitcoin ETFs: Here's What I'm Buyingwas originally published by The Motley Fool", 'Technology jobs are always in demand. Artificial intelligence, blockchain and cybersecurity are just a few of the new technologies that worth pursuing.\nCheck Out:How I Make $5,000 a Month inPassive Income Doing Just 10 Hours of Work a YearRead Next:5 Genius Things All Wealthy People Do With Their Money\nHere are seven tech jobs that are well worth pursuing in 2024.\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAverage salary: $150,241\nA cloud solutions architect is responsible for designing and implementing a company’s cloud computing strategy. They help determine what data and processes should move to the cloud and how to best manage them.\nAverage salary: $147,524\nA software engineer is tasked with designing and developing software applications for computers and mobile devices. They may write code for specific programs, and may manage teams of other developers.\nAverage salary: $129,248\nArtificial intelligence is the hottest thing to hit technology – a sector well known for hot things – in a long time. AI developers design new applications for this technology that helps computers think and reason like humans, automating tasks that could not previously be completed by technology.\nAverage salary: $122,890 per year\nCybersecurity engineers work to prevent cyberattacks on computer networks. They develop and deploy security applications, monitor systems for signs of potential suspicious activity, and lead response efforts in the event of a breach.\nAverage salary: $119,772\nA software product manager leads a team that designs and develops software. The product manager is responsible for identifying the feature set, monitoring development and marketing and promoting the finished product.\nAverage salary: $117,880\nA full stack web developer works on both the front and back ends of web-based applications. This means they design and develop the underlying code of the program as well as the user interface of the site.\nAverage salary: $111,845 per year\nBlockchain technology is often associated with cryptocurrency, such as Bitcoin, but it has other uses as well. Blockchain is essentially a digital ledger so it can be used for large data sets like healthcare records and trade.\nLearn More:6 Ways To Build Wealth in Your 60s\nAverage salaries for these positions are provided by ZipRecruiter and can vary based on such factors as location and years of experience.\nMore From GOBankingRates\n• Downsizing for Retirement? Avoid These 6 Mistakes\n• 5 Rare Coins That Sold for At Least $600,000\n• One Simple Way to Earn More on Your Savings in 2024\n• The Biggest Mistake People Make With Their Tax Refund -- And How to Avoid It\nThis article originally appeared onGOBankingRates.com:7 Best Ways To Make Money in Tech That Are Worth Pursuing In 2024', "After it implemented the most aggressive interest rate hikes in history, there is growing optimism that the Federal Reserve might finally pivot and begin cutting rates. Based on trends in the market and recent comments from theFederal Reservechair, Jerome Powell, the first round of rate cuts could occur by this summer.\nShould the Fed indeed follow through, new investment opportunities will present themselves. In such a scenario, one investment stands out as particularly promising:Bitcoin(CRYPTO: BTC). Here are three reasons why Bitcoin is my favorite investment if interest rates finally come down.\nWhen interest rates are lowered, traditional investment options like bonds and savings accounts offer diminished returns. In such an environment, investors are incentivized to seek alternative assets that can provide higher yields.\nBitcoin, with its potential for significant price appreciation, becomes increasingly attractive as the opportunity cost of holding fiat currency or low-yield assets rises. In fact, Bitcoin's historical performance during periods of low interest rates demonstrates its potential.\nTake the cryptocurrency's performance since the beginning of the COVID-19 pandemic as proof. When the Federal Reserve cut interest rates to nearly 0% to stimulate economic growth, Bitcoin experienced exponential growth. From the first rate cuts in March 2020, when Bitcoin was trading for around $5,000, it soared to more than $60,000 just a year later.\nLower interest rates often accompany expansionary monetary policies aimed at stimulating economic activity. However, these policies can also lead to inflationary pressures onfiat currencies. The Federal Reserve has been hesitant to take its foot off the brake because it doesn't want to risk a resurgence in inflation.\nFrom this angle, Bitcoin's decentralized nature and fixed supply become especially appealing, as they make it inherently resistant to inflation. With only 21 million Bitcoins ever to be mined, Bitcoin serves as a hedge against the erosion of purchasing power caused by inflationary fiat currencies.\nHistorical data supports Bitcoin's role as an effective inflation hedge. During periods of high inflation or uncertainty about future inflationary trends, investors flock to Bitcoin, driving up its price.\nAgain, we needn't look any further than its performance during the COVID-19 pandemic for evidence. As the dollar lost purchasing power at an unprecedented rate, Bitcoin took center stage as a viable option for people looking to preserve value.\nBitcoin is generally considered one of the riskier assets to hold, and this is why it is an ideal asset to own during periods of lower interest rates.\nIn a low-interest-rate environment, investors seek higher returns and are more willing to take on riskier or speculative investments. Bitcoin, with its potential for outsize returns and the occasional volatility, is naturally suited to thrive should interest rates lower.\nSince speculative demand for Bitcoin tends to rise in these conditions, its finite supply typically becomes a driver of higher prices. Moreover, this speculative demand may be larger than ever before now that there are new Bitcoin ETFs trading on the stock market. Now investors can gain Bitcoin exposure directly through the stock market without having to navigate the intricacies of buying Bitcoin off a cryptocurrency exchange. With access to the cryptocurrency democratized, Bitcoin remains an attractive option for investors looking to capitalize on market opportunities.\nShould the Federal Reserve finally begin to cut rates, Bitcoin's potential to outperform traditional investments, serve as an effective inflation hedge, and attract speculative demand make it a compelling choice for investors seeking to navigate the changing financial landscape.\nBy strategically allocating funds to Bitcoin, investors can position themselves to capitalize on potential gains before the Federal Reserve officially announces a pivot. As always, investors should consider personal circumstances and exercise caution when investing in assets like Bitcoin, but its potential for long-term value appreciation remains undeniable in a low-interest-rate environment.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nInterest Rate Cuts Loom. Here's My Favorite Investment If the Fed Follows Throughwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices: [42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-17 Financial & Commodity Data: - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,315,323,061,875 - Hash Rate: 609268716.2671757 - Transaction Count: 366109.0 - Unique Addresses: 601779.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024. Most Read from Bloomberg Blinken’s Return From Davos Was Delayed After Plane Broke Down YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Pakistan’s Army Strikes Back at Iran as Both Sides Urge Calm Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and computing demand, following more than a year of post-Covid malaise. On Friday, the world’s most valuable chipmaker gained more than 6% in Taipei — its biggest gain in almost a year — after a near-10% climb in the US. Key suppliers Tokyo Electron and Advantest Corp. gained more than 5% in Tokyo. Together, they fueled a gain in semiconductor stocks from the US to Asia of roughly $165 billion, based on Bloomberg’s calculations. TSMC’s outlook offered much-needed reassurance to investors accustomed to a depressed market. The main chipmaker to Apple Inc. and Nvidia is budgeting capital expenditure of $28 billion to $32 billion and expecting revenue growth to return to at least 20% for the year. Executives also spent a lot of time talking about how the advent of AI should turbocharge the industry because of its immense computing needs. In Europe, chip gear linchpin ASML Holding NV gained 4%, leading a broad regional rally that spilled over into US stocks including Nvidia and Intel Corp., driving the biggest gain in the Philadelphia Semiconductor Index since Dec. 11. “TSMC’s confidence around near-term fundamentals appears to have improved significantly over the past 4 to 5 months,” Wedbush analysts wrote. “We see this more bullish outlook as predicated upon some combination of optimism around a growing contribution from AI, better expectations for traditional end market trends in 2024.” Story continues TSMC Gains as Outlook Points to AI-Fueled Growth: Street Wrap Signs of a recovery for the chipmaking sector have emerged in recent weeks. The Semiconductor Industry Association estimated chip sales increased in November after more than a year of declines. TSMC is projecting revenue growth of at least 8% to $18 billion to $18.8 billion in the March quarter, versus expectations for around $18.2 billion. It’s now moving ahead with plans for chipmaking plants in Japan, Arizona and Germany — the first of which will begin mass production at the end of 2024 in a big boost to TSMC’s global footprint. Read More: TSMC’s Outlook Backs Hopes for Global Tech Recovery in 2024 Uncertainty persists. This month, fellow chipmaker Samsung Electronics Co. posted its sixth successive quarter of declining operating profit, as it weathered the impact of muted consumer demand in its own smartphone and memory businesses. Questions also overshadow China, the world’s largest computing, smartphone, internet and chip market. Apple — long one of TSMC’s most important customers — faced headwinds with its latest iPhone generation. Several analysts downgraded Apple on expectations of soft demand, and Jefferies has said the iPhone sales slump in China is likely to deepen. The US company has also been hit by a widening ban on foreign-device use among Chinese agencies and state-owned companies. TSMC Gain in Sales Not Enough to Boost Margins: Earnings Outlook Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Kalshi will list prediction markets on crypto price outcomes (e.g. "How high will ETH get in 2024?").\n• The bets will be settled in U.S. dollars, like all others on Kalshi.\n• Unlike rival Polymarket, Kalshi can do business in the U.S.\nKalshi, the lone regulated prediction market platform in the U.S., is moving to grab a piece of the crypto action as digital currencies bounce back from a two-year slump.\nStarting Monday, the New York-based company will let clients bet on five differentcryptocurrency price outcomes, a company spokesperson told CoinDesk. Examples include when bitcoin {{BTC}} willreach $100,000and the highest price Ethereum\'s ether {{ETH}} willreach in 2024. Additional markets are set to launch on Tuesday.\nTo be clear: While these bets areaboutcrypto, they will be placedinU.S. dollars, like all other markets on Kalshi. Traders on the platform have bet on questions such ashow many rate cutsthe Federal Reserve will make this year,how many inches of snowwill fall in New York in March, andwho would win the Oscarfor best screenplay.\nKalshi\'s move into crypto comes at the apparent dawn of a bull market for digital assets, as the launch of bitcoin exchange-traded funds and other factors have sent prices soaring. TheCoinDesk 20 Indexof major digital assets is up nearly 50% this year.\nThe move also coincides with renewed investor interest in prediction markets, which for decades were relegated to a niche activity and academic hobbyhorse. In December, Bitwise Investments researchersforecastedthat "[m]ore than $100 million will be staked in prediction markets as they emerge as a new \'killer app\' for crypto" in 2024. Former U.S. President Donald Trump has regularly beenposting screenshots of his favorable odds for retaking the White House on Polymarket, a crypto-based prediction market.\nRead more:What Prediction Markets Are Forecasting for Crypto in 2024\nAdvocates say prediction markets have a loftier purpose than gambling: By requiring participants to put their money where their mouths are, the argument goes, they revealwhat people truly believe, offering a corrective tofallible pollsand pusillanimous pundits.\nTypically, prediction markets are framed as yes-or-no questions about verifiable outcomes within a set time period. For example, on Kalshi\'s "US bans TikTok this year?" market, "yes" shares were trading Sunday at 25 cents, signaling the market saw a 25% chance of a ban before Dec. 31, and "no" shares were changing hands at 78 cents. Each share pays out $1 if the prediction turns out to be correct, and bupkis if it\'s wrong.\nBy letting clients bet on crypto, Kalshi is following in the footsteps of a rival prediction market site, Polymarket, which as of Sunday listed nearly40 marketson crypto-related outcomes.\nPolymarket is barred from doing business in the U.S. under a settlement with the Commodity Futures Trading Commission. That leaves an opening for Kalshi, which is licensed by the CFTC, to pick up business from U.S. traders who want to speculate on crypto price movements (or hedge positions) without buying or selling crypto.\nRead more:Prediction Markets Can Hedge Crypto Startups\' Regulatory Risk, Paradigm Says\nThe agency\'s imprimatur is a double-edged sword. Kalshi isfighting the CFTC in courtfor the right to list markets asking which party will control each house of the U.S. Congress.\nPredictIt, a popular site for (dollar-denominated) election betting, operates in the U.S. under a no-action letter, or special exemption, from the CFTC that restricts the platform\'s growth and activities. It, too, sued the CFTC after the regulator ordered it toshut down.\nLast week CFTC chairman Rostin Benham said that his agency would propose a rule in the coming monthsto establish new regulations for prediction markets.', 'Zurich, March 18th, 2024 - The Switzerland-based protocolLiqwid Finance,in partnership with the issuerIssuance.Swiss AG, is launching CASL, an innovative ETP in the world of staking digital assets. CASL not only captures the performance of the underlying ADA, managed by the Cardano Foundation, but also the interest earned by staking the token. Distributed as an ETP (Exchange Traded Product), the product is accessible to all kind of investors from Thursday last on the Zurich stock exchange, the SIX Swiss Exchange (ISIN code CH1327686056 - Ticker CASL).\nForFlorian Volery, co-founder of Liqwid Finance, "CASL offers all the advantages of traditional and decentralized finance. It\'s a low-cost, liquid, institutional-quality product". He has designed this ETP which, not only follows the developments of the ADA token, a crypto asset launched in 2017 by Cardano, but reaps the returns of staking this token on Cardano\'s blockchain, the most decentralized to date. "With CASL, we want to take a new step," emphasizes Florian Volery, "one that will bridge the gap between traditional and digital asset management. Until now, most of the financial instruments available to investors in the crypto universe gave them access to developments in the underlying assets (Bitcoin, Ethereum, ADA, etc.). We\'re going one step further, by putting ADA\'s outstanding assets to work and redistributing the interest to investors." Investors benefit from a double return on their investment, as well as lower management fees (1.5%) than the average of competing products.\nSwiss engineering, 100% secure\nIn addition to its above-industry-average return prospects, the CASL ETP has a particularly controlled risk profile. It is 100% backed by physical crypto asset: ADA tokens, that are real assets, held in a "cold" (offline) wallet. The staking of the ETP\'s ADA tokens is carried out by Liqwid on the Cardano network, the only one not to have suffered an outage over the last five years, compared with its biggest competitors who also have a proof-of-stake consensus (Solana, Ethereum, Avalanche)."CASL makes it simple for investors, without the need for a crypto-currency portfolio or specific knowledge, to earn money while contributing to the decentralization of finance," summarizesBruce Jackson, Head of Digital Assets at Apex Group. This decentralisation is the key to the future of an inclusive world, in which millions of people who don\'t have access to banking infrastructures can participate."\nThe CASL ETP offers instant liquidity without any constraints, as Cardano\'s blockchain does not foresee any lock-in period for the assets at stake. The entire value chain involves Swiss players, a further guarantee of security.\nThe launch price was set at USD$25 and is available in 2 additional currencies (CHF and €) which represents an real exposure of 39 ADA (price of 1 ADA for ~USD$0.64 \| 12.03.2024).\nTo find out more:\xa0please use the issuer\'s websitehttps://issuance.swiss/products/\nPress Contact:[email protected] +41 79 269 53 31\nAbout Liqwid Finance\nLiqwid is a liquidity protocol for lending and borrowing Cardano native assets. The Liqwid protocol is composed of decentralized, audited smart contracts built on the Cardano blockchain.\nSmart contracts enable users to deposit liquidity into a money market, earn interest and open over-collateralized loans directly, without intermediaries and in a secure manner.\nThe platform was launched in February 2023 and currently holds over $70 million in assets on its protocol. Liqwid\'s mission is to build bridges between decentralized and traditional finance, with the aim of financing the real economy through blockchain technology.\nAbout Cardano Foundation\nThe Cardano Foundation is an independent non-profit organization based in Switzerland, responsible for promoting the Cardano blockchain as public infrastructure across a wide range of industries. Based in Zug, Switzerland, the foundation oversees the developments of Cardano, which is an open source blockchain built through peer-reviewed research and a platform for executing smart contracts. The cryptocurrency used on Cardano is called Ada. Launched by Charles Hoskinson, the co-founder of the Ethereum token, Cardano is the first blockchain platform to be secure enough to protect billions of data, scalable enough to adapt to global systems and robust enough to support fundamental changes.\nAbout Issuance.Swiss AG\nIssuance.Swiss AG is a dedicated SPV, fully customised plug and play ready to admit financial products on regulated European stock markets and brings vanilla and complex digital assets strategies to the regulated markets wrapped and in the form of a publicly listed ETP. Incorporated in Zug Switzerland and through its standalone set up, the SPV is able to list client strategies from European and US clients who currently have compliance constraints in managing digital assets. In return the client can enjoy a whitelabel revenue solution (net of administrative costs) as the product is fully scalable and open ended through a creation redemption proposition and its time to market is estimated for admissions to the stock exchanges to be within 8 weeks from engagement. The SPV is fully equipped and onboarded with key service providers while the SPV takes control of all the operational burden.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs of over $200 for the first time since December 2021, CoinDesk data show. The Book of Meme (BOME) has surged 82% since its debut on March 10. Crypto exchange BinancelistedBOME perpetual futures on March 16.\nEther {{ETH}}, the native token of the world’s leading smart contract blockchain, has declined 6.3% to $3,640 despite successfully implementing theDencun upgrade. Meanwhile, bitcoin {{BTC}}, the market leader, has held flat at around $68670, while the broader CoinDesk 20 Index has gained 0.7%.\nSolana’s market-beating rally is consistent with renewed interest in its DeFi ecosystem. Data tracked by Top Ledger and OurNetwork show that Solana-based decentralized exchanges have registered a trading volume of $30 billion this month. That’s ten times higher than a year ago.\nThe number of “SOL” mentions on social media has risen to 322, according to Santiment. A similar spike in late December saw the cryptocurrency peak at $125 and eventually correct to $85.\nMeanwhile, at press time,Google Trends, a widely used tool to gauge general or retail interest in trending topics, shows a provisional value of 100 for the worldwide search query “solana.”\nA score of 100 represents peak popularity – the maximum number of searches observed for a term during a given time frame. It’s a sign that more and more people are scanning the web for information about the cryptocurrency that has outshined market leaders recently.\nIncreased crowd chatter is widely taken to represent an impending retail investor frenzy often observed at market tops. Google trendsshowed similar valuesin the final four months of 2021 as SOL’s bull market peaked above $200.\nGoogle Trends provides a mostly unfiltered sample of search requests made to Google and scales their searches to a range of 0 to 100, according to the company. The search value represents the search interest relative to the highest point on the chart for the selected region and time.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs of over $200 for the first time since December 2021, CoinDesk data show. The Book of Meme (BOME) has surged 82% since its debut on March 10. Crypto exchange BinancelistedBOME perpetual futures on March 16.\nEther {{ETH}}, the native token of the world’s leading smart contract blockchain, has declined 6.3% to $3,640 despite successfully implementing theDencun upgrade. Meanwhile, bitcoin {{BTC}}, the market leader, has held flat at around $68670, while the broader CoinDesk 20 Index has gained 0.7%.\nSolana’s market-beating rally is consistent with renewed interest in its DeFi ecosystem. Data tracked by Top Ledger and OurNetwork show that Solana-based decentralized exchanges have registered a trading volume of $30 billion this month. That’s ten times higher than a year ago.\nThe number of “SOL” mentions on social media has risen to 322, according to Santiment. A similar spike in late December saw the cryptocurrency peak at $125 and eventually correct to $85.\nMeanwhile, at press time,Google Trends, a widely used tool to gauge general or retail interest in trending topics, shows a provisional value of 100 for the worldwide search query “solana.”\nA score of 100 represents peak popularity – the maximum number of searches observed for a term during a given time frame. It’s a sign that more and more people are scanning the web for information about the cryptocurrency that has outshined market leaders recently.\nIncreased crowd chatter is widely taken to represent an impending retail investor frenzy often observed at market tops. Google trendsshowed similar valuesin the final four months of 2021 as SOL’s bull market peaked above $200.\nGoogle Trends provides a mostly unfiltered sample of search requests made to Google and scales their searches to a range of 0 to 100, according to the company. The search value represents the search interest relative to the highest point on the chart for the selected region and time.', "For the first three months of 2024, the primary investment thesis forBitcoin(CRYPTO: BTC)has been the recent introduction of the newspot Bitcoin exchange-traded funds (ETFs). And indeed, with nearly $1 billion flowing into them on a daily basis, these new ETFs have played a prominent role in pushing up the price of the cryptocurrency to new all-time highs.\nBut there's another catalyst on the horizon that could play an equally important role in Bitcoin's future price trajectory: the upcoming halving in mid-April. On one hand, the event could see the crypto rocket even higher, as it has after previous halvings. On the other hand, the event could overpromise and underdeliver, thereby dampening the current Bitcoin euphoria. Let's look at both scenarios.\nIf you examine the track record of Bitcoin, it's hard not to conclude that the upcoming halving will produce some truly spectacular gains. In three previous halving cycles (in 2012, 2016, and 2020), it has skyrocketed to new all-time highs.\nThe classic pattern is for Bitcoin to climb in value ahead of the halving, and then really take off after it. After the last halving in May 2020, when it was still trading for less than $10,000, the digital currency eventually went on to hit a new high of $69,000.\nSo, is history about to repeat itself? Certainly, a lot of investors seem to think so. Many believe Bitcoin will hit $100,000 by the end of this year, and perhaps even soar to $150,000 sometime in 2025.\nIn fact, Grayscale Investments thinks this halving cycle will be the best one ever, thanks to the impact of the new Bitcoin ETFs. There's simply so much new money flooding into Bitcoin right now, that any selling pressure that might occur after the halving will be quickly absorbed by the ETFs.\nAnd indeed, the wealth management team atMorgan Stanleytold its clients last October that the time to buy Bitcoin is before the halving, not after. Simply stated, if you wait too long to buy, you'll miss out on all of Bitcoin's expected gains right after the halving takes place.\nThere are two sides to every digital coin, and some Bitcoin skeptics out there think the upcoming halving will overpromise and underdeliver.\nFor one, the crypto might have peaked too early. In three previous halving cycles, it hit a new high after the halving, and not before. But this time around, it's still 30 days out from the halving, and Bitcoin is roaring to all-time highs. Something seems to be, well,differentthis time around.\nMoreover, there's the big question of whether or not the impact of the halving has already been priced in. After all, we know the moment of the halving, down to the exact hour, minute, and second. So if you buy into the notion that financial markets are generally efficient, then we shouldn't see a major pop after the halving.\nIn fact,JPMorgan Chasehas warned that the price of Bitcoin might actually sink as low as $42,000 after the halving, due in part to what the halving event will mean for key members of the crypto's ecosystem.\nBitcoin miners, for example, could see their production costs soar at the same time as their mining rewards are being cut in half. With miners reeling, says JPMorgan Chase, that could inject a lot more selling pressure into the crypto market.\nAt the end of the day, focusing too much on a single date in history -- the halving date -- might be a mistake. From my perspective, the long-term trajectory for Bitcoin is up, and I'm not worried about a potential downswing after the halving. Now that Wall Street has embraced crypto, the influx of new money into the Bitcoin ETFs shows no signs of stopping.\nAs both retail and institutional investors boost their portfolio allocations to Bitcoin, this appears to be a trend with enormous long-term staying power. As a result, I'm enormously bullish on the cryptocurrency's prospects.\nOver the long haul, Bitcoin has the potential to outperform every other asset class, much as it has since 2011. For that reason, I'm buying it before the upcoming halving, and I'm not giving it a second thought.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and JPMorgan Chase. The Motley Fool has adisclosure policy.\nA Bitcoin Halving Is Coming: Should You Buy It Now?was originally published by The Motley Fool", "For the first three months of 2024, the primary investment thesis forBitcoin(CRYPTO: BTC)has been the recent introduction of the newspot Bitcoin exchange-traded funds (ETFs). And indeed, with nearly $1 billion flowing into them on a daily basis, these new ETFs have played a prominent role in pushing up the price of the cryptocurrency to new all-time highs.\nBut there's another catalyst on the horizon that could play an equally important role in Bitcoin's future price trajectory: the upcoming halving in mid-April. On one hand, the event could see the crypto rocket even higher, as it has after previous halvings. On the other hand, the event could overpromise and underdeliver, thereby dampening the current Bitcoin euphoria. Let's look at both scenarios.\nIf you examine the track record of Bitcoin, it's hard not to conclude that the upcoming halving will produce some truly spectacular gains. In three previous halving cycles (in 2012, 2016, and 2020), it has skyrocketed to new all-time highs.\nThe classic pattern is for Bitcoin to climb in value ahead of the halving, and then really take off after it. After the last halving in May 2020, when it was still trading for less than $10,000, the digital currency eventually went on to hit a new high of $69,000.\nSo, is history about to repeat itself? Certainly, a lot of investors seem to think so. Many believe Bitcoin will hit $100,000 by the end of this year, and perhaps even soar to $150,000 sometime in 2025.\nIn fact, Grayscale Investments thinks this halving cycle will be the best one ever, thanks to the impact of the new Bitcoin ETFs. There's simply so much new money flooding into Bitcoin right now, that any selling pressure that might occur after the halving will be quickly absorbed by the ETFs.\nAnd indeed, the wealth management team atMorgan Stanleytold its clients last October that the time to buy Bitcoin is before the halving, not after. Simply stated, if you wait too long to buy, you'll miss out on all of Bitcoin's expected gains right after the halving takes place.\nThere are two sides to every digital coin, and some Bitcoin skeptics out there think the upcoming halving will overpromise and underdeliver.\nFor one, the crypto might have peaked too early. In three previous halving cycles, it hit a new high after the halving, and not before. But this time around, it's still 30 days out from the halving, and Bitcoin is roaring to all-time highs. Something seems to be, well,differentthis time around.\nMoreover, there's the big question of whether or not the impact of the halving has already been priced in. After all, we know the moment of the halving, down to the exact hour, minute, and second. So if you buy into the notion that financial markets are generally efficient, then we shouldn't see a major pop after the halving.\nIn fact,JPMorgan Chasehas warned that the price of Bitcoin might actually sink as low as $42,000 after the halving, due in part to what the halving event will mean for key members of the crypto's ecosystem.\nBitcoin miners, for example, could see their production costs soar at the same time as their mining rewards are being cut in half. With miners reeling, says JPMorgan Chase, that could inject a lot more selling pressure into the crypto market.\nAt the end of the day, focusing too much on a single date in history -- the halving date -- might be a mistake. From my perspective, the long-term trajectory for Bitcoin is up, and I'm not worried about a potential downswing after the halving. Now that Wall Street has embraced crypto, the influx of new money into the Bitcoin ETFs shows no signs of stopping.\nAs both retail and institutional investors boost their portfolio allocations to Bitcoin, this appears to be a trend with enormous long-term staying power. As a result, I'm enormously bullish on the cryptocurrency's prospects.\nOver the long haul, Bitcoin has the potential to outperform every other asset class, much as it has since 2011. For that reason, I'm buying it before the upcoming halving, and I'm not giving it a second thought.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and JPMorgan Chase. The Motley Fool has adisclosure policy.\nA Bitcoin Halving Is Coming: Should You Buy It Now?was originally published by The Motley Fool", 'The price ofBitcoin(CRYPTO: BTC)has rocketed by 65% to about $68,000 since the beginning of 2024. But certain Wall Street analysts still see a substantial upside in the cryptocurrency.\nGautam Chhugani at Bernstein believes Bitcoin will reach $150,000 by mid-2025, implying that its price will soar by 120% (or $82,000) during the next 12 to 18 months. Similarly, Geoff Kendrick at Standard Chartered Bank believes Bitcoin could reach $200,000 by the end of 2025, implying that its price could soar by 194% (or $132,000) during the next 21 months.\nUltimately, cryptocurrencies are no different than any other asset. Their prices are a product of supply and demand. However, the total possible Bitcoin supply is limited to 21 million coins, and 19.7 million (94%) of them are already in circulation. That means demand is the most consequential variable where Bitcoin is concerned.\nWith that in mind, Chhugani and Kendrick believe two catalysts will turbocharge Bitcoin demand in the coming months: the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the halving event next month.\nIn January, the Securities and Exchange Commission (SEC) approved11 spot Bitcoin ETFs, which differ from the Bitcoin futures ETFs that started trading in 2021. Specifically, spot Bitcoin ETFs trackBitcoinprices precisely because they invest directly in the cryptocurrency. Bitcoin futures ETFs do not track Bitcoin prices as precisely because they invest in futures contracts -- agreements to buy or sell assets at agreed-upon prices on predetermined dates.\nInvestors can see that dynamic in action by observing the performance of theProShares Bitcoin Strategy ETF, the largest Bitcoin futures ETF. While Bitcoin gained about 200% since the start of 2023, the ProShares Bitcoin Strategy ETF is up only 123% in that period.\nIn short, spot Bitcoin ETFs reduce friction. They offer direct exposure to Bitcoin without the hassle of cryptocurrency exchanges and blockchain wallets. Instead, investors can effectively purchase Bitcoin through existing brokerage accounts and hold it alongside other assets in their portfolios. That convenience could bring more retail traders and institutional investors into the crypto market.\nIn fact, that seems to be happening already. The spot Bitcoin ETFs issued byBlackRockand Fidelity ranked as the two most successful ETF launches in history, according to Bloomberg Intelligence. They accumulated more assets during their first months of trading than the other 5,500 ETFs that launched in the past 30 years. That screams demand.\nLooking ahead, Chhugani believes those products will lead to "unprecedented institutional adoption" of Bitcoin. That is particularly auspicious because PwC estimates that institutional assets under management will reach $145 trillion by 2025. If even a small fraction of that total is allocated to Bitcoin, its price could rocket much higher. In that context, Bitcoin reaching $150,000 by mid-2025 or $200,000 by the end of 2025 is a plausible outcome.\nAs mentioned, the total supply of Bitcoin that can ever be mined is capped at 21 million coins. That feature has helped Bitcoin fans promote its reputation as a type of digital gold, simply because gold also derives value from its scarce supply. Halving events are part of the mechanism that enforces the Bitcoin supply limit.\nSpecifically, each time 210,000 blocks are added to the Bitcoin blockchain, the rewards miners get for validating transactions are cut in half. This happens about once every four years. The next halving is forecast to occur on April 16. That event should effectively boost demand by blunting selling pressure, simply because miners will have 50% less newly mined Bitcoin to sell during the next four years.\nSo far, Bitcoin has always gained value during the two-year period after a halving.\n[{"Halving": "November 2012", "Bitcoin Return (2 Years Later)": "2,964%"}, {"Halving": "July 2016", "Bitcoin Return (2 Years Later)": "922%"}, {"Halving": "May 2020", "Bitcoin Return (2 Years Later)": "348%"}]\nData source: Fidelity Digital Assets.\nThe post-halving gains have diminished with each successive halving event because their impact on total supply has become less significant over time. For instance, the halving in November 2012 saw mining rewards fall from 50 Bitcoin to 25 Bitcoin, a much steeper drop in terms of the number of coins than the 25 to 12.5 cut that occurred in July 2016, which itself was much steeper than the 12.5 to 6.25 cut in May 2020.\nIn that context, the impact of next month\'s halving (which will cut mining rewards from 6.25 BTC to 3.125 BTC) will likely be smaller than previous halvings.\nUltimately, no one knows what Bitcoin will be worth in the future. The targets of $150,000 and $200,000 outlined by Chhugani and Kendrick, respectively, are certainly plausible due to the catalysts I\'ve discussed. But investors should never anchor themselves to such estimates.\nAdditionally, bear in mind that Bitcoin has been extremely volatile in the past. It lost more than 76% of its value during the last cryptocurrency market crash, and similar plunges are possible in the future. In that context, a long-term mindset is critical. Anyone who bought and held Bitcoin for at least five years has profited, regardless of when they made their purchases, according to Ark Invest.\nHere\'s the bottom line: Patient investors comfortable with risk and volatility should absolutely consider allocating a small portion of their portfolios to Bitcoin, but they should not do so with the expectation of seeing triple-digit percentage returns by 2025. That may or may not happen. But Bitcoin has crushed the returns of virtually every other asset class -- including gold, commodities, real estate, bonds, equities, and emerging market equities -- during the past five years, and a similar outperformance during the next five years is possible.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Super Cryptocurrency Could Soar to $200,000 by 2025, According to a Wall Street Analystwas originally published by The Motley Fool', "After macro headwinds and industry failures throughout 2022, the cryptocurrency market has been staging a major comeback since the start of 2023. This means good news for some of the more speculative tokens out there.\nJust look atDogecoin(CRYPTO: DOGE). The dog-inspired meme token has roughly doubled in the past 2 1/2 weeks (as of March 13). Investor enthusiasm is certainly picking up.\nAs of this writing, Dogecoin remains 77% below its all-time high, established in May 2021. Does that mean now is the time to buy this cryptocurrency hand over fist if you have $1,000 to invest?\nIt's interesting to understand the history of Dogecoin, as this can help put things into perspective. Wanting to create a lighthearted alternative toBitcoin, Dogecoin's founders launched the meme token in 2013 as its ownblockchainnetwork. This starkly contrasted toShiba Inu, which was built on top of theEthereumnetwork, adding functionality with a vast ecosystem ofdecentralized applications.Consequently, Dogecoin lacks much in the way of utility and adoption.\nThere are only a small number of businesses that accept it as a form of payment. And out of the top 100 blockchains in developer ecosystems, Dogecoin ranks 90th on the list. With so few people working on advancing Dogecoin's network capabilities, it's hard to be optimistic about its long-term future.\nIt also doesn't help that the current token supply of 143 billion is massively abundant. Add in the fact that 10,000 new Dogecoin tokens are created every single minute, and the lack of scarcity is a worrying characteristic that could limit the crypto's upside potential.\nThis is the exact opposite situation of Bitcoin. The world's most valuable digital asset has a fixed supply cap of 21 million, a key trait that supports a rising price trajectory over time. Unfortunately, Dogecoin doesn't have this, so demand will need to climb at a faster clip than new supply. That's a tall order.\nIt's impossible to pinpoint what exactly has been propelling Dogecoin's price in the past few weeks. Investors might just be optimistic about the state of the economy or markets, in general, which leads to more speculative behavior. But to be clear, deciding to follow this herd behavior isn't real investing -- it's more like gambling.\nDogecoin's strong community of supporters can help keep its price high enough for the token to remain relevant. But this is no way to invest your hard-earned savings.\nWith that in mind, it's a smart move to avoid adding Dogecoin to your portfolio. It's hard to become successful if you're hoping for a new hype cycle to happen due to heightened interest and discussion on the internet or because some famous person publicly mentions it.\nInvestors have to view their purchases with a five- or 10-year perspective. The question then centers around whether Dogecoin actually has long-term viability, but there are no compelling reasons to believe this is true. A small developer network and no valuable use cases are things to consider.\nDespite Dogecoin's recent momentum, I think buying $1,000 worth of this cryptocurrency in 2024 would be a monumental mistake. There are better places to park your capital. Bitcoin is a smart choice in the crypto space, and there are high-quality stocks to invest in, as well.\nShould you invest $1,000 in Dogecoin right now?\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Dogecoin Hand Over Fist With $1,000 in 2024?was originally published by The Motley Fool", "Chicago, IL – March 18, 2024 – Today, Zacks Investment Ideas feature highlights Micron MU, Lululemon LULU and Nike NKE.\nToday’s episode of Full Court Finance at Zacks dives into key stock market levels to watch for as Wall Street bulls attempt to keep the Nasdaq and Bitcoin near record highs. The episode then breaks down why investors might want to buy two Nasdaq-100 stocks—MicronandLululemon— ahead of their upcoming earnings reports.\nThe stock market took a breather on Wednesday and Thursday following its post-CPI release pop.The bulls have pushed stocks higher in 2024 without sending the market to euphoric altitudes. The nearby chart showcases the regular pullbacks to the 21-day throughout the year.\nThe Nasdaq is trading near fresh highs while sitting at neutral RSI levels. Bitcoin’s surge to new records has also likely helped stop the Nasdaq from overheating. Plus, there are tons of market movers such as Tesla and Apple trading at highly enticing levels for long-term investors.\nMicron Technology, Inc.- Q2 FY24 Results Due on March 20\nMicron shares have climbed about 70% in the last year vs. the Zacks Tech sector’s 50%. MU has tracked the Tech sector over the last decade, up 290%. Yet MU trades 9% below its average Zacks price target and 10% below its recent highs.\nThe stock is approaching its 21-day moving average after sellers prevented Micron from breaking too far above its previous records. Micron stock had also hit overbought levels.\nMicron isthegiant of memory chips, which have been more historically cyclical than the broader semiconductor market and heavily impacted by pricing.\nThankfully, Micron’s outlook is impressive as the memory chip maker benefits from data center expansion and booming AI growth. Micron predicts that AI will drive record demand for memory chips.\nMicron is projected to post 45% revenue growth in FY24 and FY25 to soar from $15.54 billion last year to $32.94 billion. The company’s adjusted earnings growth outlook is even stronger and its most accurate/recent EPS estimates came in miles above its already improved consensus.\nMicron’s upbeat EPS revisions help it land a Zacks Rank #2 (Buy). Micron’s balance sheet is sturdy and 23 of the 27 brokerage recommendations Zacks has are “Strong Buys.” If Micron impresses on March 20, the stock could finally enter a new trading range.\nLululemon- Q4 FY23 Results Due on Mach 21\nLululemon stock has soared 60% in the last 12 months vs. Nike’s -15% drop, its Zacks sector’s 17% climb, and the Market’s 32% jump. Lululemon has skyrocketed nearly 900% in the last decade vs. the benchmark’s 180% and Nike’s 167%. LULU, like Micron, sits at an attractive range for long-term investors.\nLULU trades 10% below its average Zacks price target and it recently rebounded above its 50-day after buyers came in at its long-term 21-week moving average. Plus, Lululemon trades at a roughly 50% discount to its 10-year highs at 31.9X forward earnings and in line with its 10-year median.\nLululemon’s transformation into a well-rounded sportswear and apparel company pushed Nike, Target, and countless upstarts to mimic the athleisure giant’s style. Lululemon’s high-margin growth is highly impressive as higher-income shoppers power it through various economic conditions. Lululemon executives project it will double its net revenue between 2021 and 2026, driven by direct-to-consumer, menswear, and international expansion.\nLULU is projected to post 18% revenue growth in FY23 and 14% higher sales in FY24, following 26% average expansion in the trailing five years. LULU is projected to expand its bottom line by 24% in FY23 and 15% in FY24. Lululemon, which grabs a Zacks Rank #3 (Hold), is buying back stock, supported by its robust balance sheet.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance\xa0for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nNIKE, Inc. (NKE) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nlululemon athletica inc. (LULU) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "In case you haven't heard,Bitcoin(CRYPTO: BTC)is officially back. After an impressive 2023, Bitcoin has maintained momentum in 2024. In just the past month, the world's premier cryptocurrency jumped by more than 40% and notched a new all-time high of more than $73,000.\nNow that Bitcoin is once again in the spotlight, investors may be curious if it's too late to buy. Such concerns are warranted, but with a deeper exploration it becomes clear that there is still considerable upside in the short term and that the long term holds even more promise.\nWith Bitcoin hovering above $67,000 at the time of this writing, it's clear that the huge gains that could have been made when it was trading for just $16,000 during thecrypto winterare likely gone. However, that doesn't mean it isn't worthy of an investment today.\nWhen taking a holistic view of Bitcoin's current position relative to past bull markets, there is a plethora of data that shows that we are only in the beginning stages of Bitcoin's resurgence. In other words, Bitcoin has considerable room to run.\nWe can look at metrics derived from its blockchain for proof of this. One of the best indicators of Bitcoin's current position within this cycle is the market value to realized value ratio, or MVRV. Market value is calculated by multiplying Bitcoin's circulating supply by its current price. It is the same as the market capitalization.\nThen there is realized value, which is calculated by determining the price of each Bitcoin the last time it was transacted. This provides a more granular insight into market dynamics as it removes the generalization that every Bitcoin in circulation was purchased at the most recent price.\nBy dividing the two, we get MVRV, and a much better picture of Bitcoin's current position. In fact, MVRV has proven to be a timely indicator of market tops as well as bottoms. Today, Bitcoin's MVRV sits at just over 3, far from the higher levels of 7.5 that usually mark bull market peaks.\nAfter going over the short-term potential for Bitcoin, it's time to zoom out a bit. Arguably the most appealing reason to invest in Bitcoin is its long-term potential.\nTo spare you from reading about my personal conviction and quasi-philosophical belief in Bitcoin, I'll resort to the data to prove why there really is no bad time to buy Bitcoin -- so long as you plan on investing for the long haul.\nIn a recent post on X, Willy Woo, a prominent Bitcoin analyst, highlighted the consistent pattern of Bitcoin's price appreciation over four-year cycles. He demonstrated that holding Bitcoin for at least four years has always resulted in a profit, translating to an average annualized return of about 30%. This showcases Bitcoin's resilience even when it occasionally loses half to three-quarters of its value.\nThe consistent performance of Bitcoin can be attributed to various factors, including its finite supply and the reduction every four years in the rate at which new coins are created. However, what further enhances Bitcoin's appeal over the long term is its ongoing evolution as a legitimate asset.\nA prime example of this evolution is the recent approval of spot Bitcoin exchange-traded funds (ETFs). These ETFs have demonstrated early success, signaling the beginning of Bitcoin's journey toward broader legitimacy. As these ETFs continue to gain traction, the demand for Bitcoin is likely to increase, exerting additional pressure on its limited supply. This trend could potentially lead to a cascading effect.\nAs its distinct functionality and ability to give portfolios a boost becomes more well known, it could kick off widespread adoption of Bitcoin byindividuals, corporations, and maybe even governments. From this standpoint, it only reinforces that today remains an opportune moment to grab the world's premier cryptocurrency. It's still early.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 11, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Surged Over 40% in a Month. Should You Buy It Right Now?was originally published by The Motley Fool", "In case you haven't heard,Bitcoin(CRYPTO: BTC)is officially back. After an impressive 2023, Bitcoin has maintained momentum in 2024. In just the past month, the world's premier cryptocurrency jumped by more than 40% and notched a new all-time high of more than $73,000.\nNow that Bitcoin is once again in the spotlight, investors may be curious if it's too late to buy. Such concerns are warranted, but with a deeper exploration it becomes clear that there is still considerable upside in the short term and that the long term holds even more promise.\nWith Bitcoin hovering above $67,000 at the time of this writing, it's clear that the huge gains that could have been made when it was trading for just $16,000 during thecrypto winterare likely gone. However, that doesn't mean it isn't worthy of an investment today.\nWhen taking a holistic view of Bitcoin's current position relative to past bull markets, there is a plethora of data that shows that we are only in the beginning stages of Bitcoin's resurgence. In other words, Bitcoin has considerable room to run.\nWe can look at metrics derived from its blockchain for proof of this. One of the best indicators of Bitcoin's current position within this cycle is the market value to realized value ratio, or MVRV. Market value is calculated by multiplying Bitcoin's circulating supply by its current price. It is the same as the market capitalization.\nThen there is realized value, which is calculated by determining the price of each Bitcoin the last time it was transacted. This provides a more granular insight into market dynamics as it removes the generalization that every Bitcoin in circulation was purchased at the most recent price.\nBy dividing the two, we get MVRV, and a much better picture of Bitcoin's current position. In fact, MVRV has proven to be a timely indicator of market tops as well as bottoms. Today, Bitcoin's MVRV sits at just over 3, far from the higher levels of 7.5 that usually mark bull market peaks.\nAfter going over the short-term potential for Bitcoin, it's time to zoom out a bit. Arguably the most appealing reason to invest in Bitcoin is its long-term potential.\nTo spare you from reading about my personal conviction and quasi-philosophical belief in Bitcoin, I'll resort to the data to prove why there really is no bad time to buy Bitcoin -- so long as you plan on investing for the long haul.\nIn a recent post on X, Willy Woo, a prominent Bitcoin analyst, highlighted the consistent pattern of Bitcoin's price appreciation over four-year cycles. He demonstrated that holding Bitcoin for at least four years has always resulted in a profit, translating to an average annualized return of about 30%. This showcases Bitcoin's resilience even when it occasionally loses half to three-quarters of its value.\nThe consistent performance of Bitcoin can be attributed to various factors, including its finite supply and the reduction every four years in the rate at which new coins are created. However, what further enhances Bitcoin's appeal over the long term is its ongoing evolution as a legitimate asset.\nA prime example of this evolution is the recent approval of spot Bitcoin exchange-traded funds (ETFs). These ETFs have demonstrated early success, signaling the beginning of Bitcoin's journey toward broader legitimacy. As these ETFs continue to gain traction, the demand for Bitcoin is likely to increase, exerting add Last 60 Days of Bitcoin's Closing Prices: [41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-18 Financial & Commodity Data: - Gold Closing Price: $2160.70 - Crude Oil Closing Price: $82.72 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,350,129,204,200 - Hash Rate: 600922569.4689952 - Transaction Count: 416270.0 - Unique Addresses: 673489.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) — BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, J.P.Morgan data showed. The U.S. Securities and Exchange Commission (SEC) approved nearly a dozen ETFs tracking the world's largest cryptocurrency last week, after years of regulatory pushback. Since the launch, BlackRock and Fidelity have pulled the lion's share of inflows as lower fees and name recognition appear to be key factors in drawing investors so far. BlackRock's iShares Bitcoin ETF accumulated $1.07 billion in assets under management as of Jan. 17, followed by $874.6 million by Fidelity Wise Origin Bitcoin ETF, J.P.Morgan data showed. Samara Cohen, CIO of ETF and Index Investments at BlackRock, rings the Nasdaq opening bell as spot bitcoin ETF's are launched on January 11.(Stephanie Keith/Getty Images) (Stephanie Keith via Getty Images) The nine newly launched ETFs have drawn $2.90 billion in investment flows in the first four days of trading. However, the Grayscale Bitcoin Trust, which was converted from a closed-end fund to an ETF, charges the steepest fee compared to the newly launched ETFs and has witnessed $1.62 billion in outflows in the first four days. (Reporting by Medha Singh in Bengaluru; Editing by Shilpi Majumdar) View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['After the collapse of FTX Trading Ltd. in 2022, many wrote off Solana and thought that the project was dead. However, the project overcame the odds and has made, according to some, a complete comeback. The price recently surpassed the $200 level, and it is nearing its all-time high of $260 set in November 2021.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nSolana\'s resurgence has been primarily driven by the projects that are using its chain. While these protocols can range from a distributed computing network to artificial intelligence (AI) protocols, some of the most popular projects are meme coins.\nSolana has become a playground for new meme coins, many of which have become extremely popular. Relatively new tokens, such as Bonk (BONK) and dogwifhat (WIF) have broken into the top 50 tokens by market cap and made many investors rich.\nNew tokens are also popping up seemingly every day. In the past week, a handful of new tokens were released through a new method called a presale.\nThe system works by having investors send SOL tokens to a wallet in exchange for an allocation of new tokens when the project is launched. The amount of tokens you receive depends on the initial amount you send and the overall demand for the project. Ideally, you would invest in a project with small amounts of initial demand to secure lots of tokens, but then see it pick up steam, resulting in huge gains. This is what happened last week with tokens BOOK OF MEME (BOME), Slerf (SLERF) and Snap (SNAP).\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nBOME and SNAP are based on the Pepe meme, popularized in the early 2000s, while SLERF is based on a meme of a sloth. All of these tokens used a presale, bringing in investments of several million dollars, which soon turned into billions.\nIn terms of price increases, the tokens saw massive price swings and huge returns within hours of launch.\n• BOME saw a price increase of over 37,000% within the first three days.\n• SLERF went from $0.02 to nearly $1.40 within three hours, marking a gain of over 6,100%.\n• SNAP increased by over 600% in three hours.\nTo become a millionaire with BOME, an initial investment of around $2,700 was required. For SLERF, you would have had to invest $16,400 to become a millionaire. Lastly, an investment of $159,000 into SNAP would have turned into $1 million.\nWhile it may not seem like the brightest idea to invest huge amounts into such volatile assets, many people did. One example is Solana user sundayfunday.sol, who invested $72,000 in BOME, which turned into over $30 million. The investor took several million in profits and inverted the rest into other meme coins.\nWhile most of the recent presale meme coins have fallen considerably in value, they are still well above their initial listing price.\nSome are saying that this new presale phenomenon is the peak of meme coin degeneracy; users are throwing money at what could very well be a rug-pull scam. Others point out that people are flocking to SOL to buy these meme coins. So, which will it be? Will these meme coins continue to drive the price of SOL higher, or will they all come crashing down? Only time will tell.\nRead Next:\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleSolana Meme Coin Mania: BOME, SLERF And SNAP Print Millionaires Overnightoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• A renewed wave of AI enthusiasm helped push the stock market higher on Monday.\n• Nvidia is set to unveil new products at its GTC conference, while a report says Apple and Google could strike a deal on AI.\n• Investors are also paying attention to the Federal Reserve\'s upcoming FOMC meeting on Wednesday.\nA renewed wave of investor enthusiasm toward artificial intelligence helped push the stock market higher on Monday.\nShares of Nvidia jumped just over 1% as the company hosted its annual GPU Technology Conference. Nvidia CEO Jensen Huang was kicking off a highly anticipated two-hour keynote address as the market headed into the closing bell, with investors expecting details on the company\'s upcoming launch of next-generation GPU chips, including the B100, which will be the successor to its wildly popular H100.\nMeanwhile, earlier in the day areport from Bloomberg helped spark a sharp rally in shares of Alphabetduring the session. The search giant saw its stock price surge about 5% after Bloomberg said Apple may utilize Alphabet\'s Gemini AI chatbot in its upcoming iPhone release.\n"We do think that GOOGL is best positioned to win any external deal for AI on AAPL\'s devices given the strong search partnership the two already have," CFRA analyst Angelo Zino said.\nAside from AI developments, investors will turn their attention to the Federal Reserve\'s two-day policy meeting set to begin on Tuesday. While central bankers are expected to leave the benchmark rate unchanged, Fed Chairman Jerome Powell\'s speech will be closely listened to by investors to gauge when the Fed may begin to cut interest rates.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,149.42, up 0.63%\n• Dow Jones Industrial Average:38,790.43, up 0.2% (+75.66 points)\n• Nasdaq Composite:16,103.45, up 0.82%\nHere\'s what else happened today:\n• Millennial women are taking over the economyas female participation in the prime-age workforce surges, according to Ned Davis Research.\n• Wall Street is ramping up its bets that the US economy will experience a soft landing,meaning no recession ahead.\n• A trade war between the US and China is likely regardless of who wins the Presidency in 2024, according to Capital Economics.\n• The housing market is expected to stay exceptionally strong in the Southdue to strong employment trends and relative affordability.\n• Bitcoin could soar 266% to $250,000 next year if inflows into bitcoin ETFs remain strong,according to Standard Chartered.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 2.13% to $82.30 a barrel.Brent crude, the international benchmark, climbed by 1.97% to $87.02 a barrel.\n• Goldrose by 0.12% to $2,164.00 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.33%.\n• Bitcoindropped by 2.06% to $66,953.\nRead the original article onBusiness Insider', 'THE HAGUE, Netherlands and SAN FRANCISCO, CA - (NewMediaWire) - March 19, 2024 - Developers sponsored by the Peercoin Foundation this week announced the release ofPeercoin v0.13(Codename Anisoptera) and offered insight into proposals for future upgrades.\nAs per tradition, the Peercoin releases follow the tick-tock release schedule. v0.13 is the "tick" release, which brings about a fresh codebase and sets the stage for the upcoming "tock" v0.14 release.\nPlans for the release of v0.14, which will be a hard fork, are currently being drafted through the RFC process which is notably open and transparent. Any interested party is welcome to submit their proposals for improvements to the Peercoin protocol, thereby fostering a collaborative and inclusive development environment.\nProposed Protocol Upgrades\nRFC-0028- Optimal Stake Split and Combine:This proposal would make the Peercoin wallet smarter so it automatically helps stakers achieve the highest potential reward when continuously staking.\nRFC-0030- PoW ASERT:To address dramatic fluctuations in hashpower and to mitigate unexpected PoW inflation, Peercoin developers have proposed that Peercoin\'s Proof-of-Work protocol adopt ASERT, a protocol engineered by Bitcoin Cash developers. This shift to a more responsive difficulty adjustment algorithm (DAA) ensures Peercoin\'s PoW protocol can swiftly adapt to hash power changes throughout the day, enhancing the network\'s stability and efficiency.\nImproved Network Parameters:Another improvement to Peercoin being considered for the RFC process is a set of adjustments to Peercoin\'s staking logic. From the perspective of users, it would cut the block time target in half from 10 minutes to 5 minutes. It would reduce the stake maturation period from 30 days to 21 days so that users can begin staking earlier. It would greatly favor smaller UTXOs for staking about 50 PPC in size making it easier for smaller stakers to participate in the consensus process. Consequently, it would substantially increase staking rewards when the security level is relatively low to further incentivize staking when it is most required. Overall, these changes will make Peercoin faster, fairer, more rewarding and more secure.\n"The release of Peercoin v0.13 and the proposed upgrades for Peercoin v0.14 towards greater network security validate our decision to execute our blockchain initiatives on Peercoin," said Wing Yu, CEO of PRConnect, a leading content syndication solutions provider that cryptographically hashes press releases and now posts up to 1,000 transactions a day on Peercoin.\nAbout Peercoin\nPeercoinis the original Proof-of-Stake blockchain. It is an 11 year old, fairly distributed, open-source, and community-driven project. Peercoin is designed around the concepts of energy and economical sustainability, both made possible by its innovation of Proof-of-Stake consensus.\nPeercoin is a peer-to-peer protocol in the truest sense because all coin owners have the power to run a full node, produce blocks, and earn peercoin as a reward. Proof-of-stake is used for Peercoin\'s blockchain security, while proof-of-work is only used to distribute new coins for the purpose of creating a wider and fairer distribution. Peercoin\'s Project Leader Peerchemist says:\n"Peercoin has the important distinction of having a continuous distribution of new coins, 11 years after its launch in 2012. And Peercoin\'s innovation of proof-of-stake, used to maintain chain security, makes it energy efficient and decentralized."\nAbout Peercoin Foundation\nDevelopment of Peercoin v0.13 and other aforementioned projects are sponsored by thePeercoin Foundation, a non-profit organization established in 2018 with the mission of promoting and supporting the continued development and overall progression of the Peercoin project.\nThe Peercoin Foundation is sponsored solely from community donations. Please donate to the Foundation to enable it to help improve the general Peercoin ecosystem.\nOfficial Links:\nWebsite -https://www.peercoin.net/\nTwitter -https://twitter.com/PeercoinPPC\nBlog -https://www.peercoin.net/blog/\nForum -https://talk.peercoin.net/\nTelegram -https://telegram.me/peercoin\nDiscord -https://discord.gg/m294ReV\nFoundation -https://www.peercoin.net/foundation\nContact Information:\nEmail:[email protected]\nDisclaimer: The information contained in this press release is for information purposes only and does not constitute investment advice or a solicitation to purchase or invest. The price of Peercoin can be extremely volatile and can fluctuate rapidly in response to market conditions. Before making any investment decisions, you should carefully consider your investment objectives, level of experience, and tolerance for risk.', "• Bitcoin remains above $65,000 despite highest-ever GBTC outflows.\n• GBTC outflows are occurring due to high fees and ETF competition.\nBitcoin {{BTC}} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever.\nAccording to data compiled by BitMEX research, outflow from GBTC hit $643 million on March 18.\nData from investment firm Farside shows that there's a net outflow from bitcoin ETFs in general to the tune of $154 million. The iShares bitcoin ETF (IBIT) saw the most inflow of $451.5 million, while the remaining products had inflow of approximately $36.7 million.\nSince the launch of bitcoin exchange-traded funds (ETFs) earlier this year, there have beensignificant outflowsfrom GBTC – which recently converted into an ETF – because of its higher fees. This selling puts pressure on the price of bitcoin.\nA recent notefrom CryptoQuant says that selling pressure is also coming from short term holders of bitcoin taking profit on recent gains.\nOver the last week bitcoin is down 8.5%, according to CoinDesk Indicies data, but remains up 27% over the past 30 days.", "• Bitcoin remains above $65,000 despite highest-ever GBTC outflows.\n• GBTC outflows are occurring due to high fees and ETF competition.\nBitcoin {{BTC}} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever.\nAccording to data compiled by BitMEX research, outflow from GBTC hit $643 million on March 18.\nData from investment firm Farside shows that there's a net outflow from bitcoin ETFs in general to the tune of $154 million. The iShares bitcoin ETF (IBIT) saw the most inflow of $451.5 million, while the remaining products had inflow of approximately $36.7 million.\nSince the launch of bitcoin exchange-traded funds (ETFs) earlier this year, there have beensignificant outflowsfrom GBTC – which recently converted into an ETF – because of its higher fees. This selling puts pressure on the price of bitcoin.\nA recent notefrom CryptoQuant says that selling pressure is also coming from short term holders of bitcoin taking profit on recent gains.\nOver the last week bitcoin is down 8.5%, according to CoinDesk Indicies data, but remains up 27% over the past 30 days.", "• The Department of Justice filed dozens of victim impact statements from FTX creditors on Monday.\n• The statements are intended to support the DOJ’s sentencing memo for Sam Bankman-Fried.\nFTX’s creditors say the exchange’s 2022 collapse “robbed [them] of [their] financial security,” exacted an “emotional toll,” and “created a sense of insecurity and mistrust toward the financial system,” they said in a series of victim statements filed in founder Sam Bankman-Fried’s criminal case.\nThe Department of Justicefileddozensofvictimimpactstatements from FTX creditors Monday before Bankman-Fried’s sentencing next week. These victims hail from around the world, and the letters describe their FTX holdings and the effect FTX’s bankruptcy had on their lives.\n“I find myself in a financially precarious situation,” one letter said. “As a restitution claimant, my income has been nonexistent for over a year, and my circumstances are exacerbated by my current unemployment status and ongoing disability recognition process.”\nReadall of CoinDesk's coverage on the Sam Bankman-Fried trial here.\nSeveral other respondents said they were unemployed due to health issues and depended on the funds they stored in FTX.\nSome of the respondents said they trusted FTX based on Bankman-Fried’s comments about the exchange or because of the perception that U.S.-based crypto exchanges were regulated and otherwise safe (while FTX.US was based in the U.S., the main FTX global entity was headquartered in The Bahamas).\nSome of the comments took issue with the idea that they were being made whole from the FTX bankruptcy, noting that they were receiving 100% of the value of their assets from November 2022 and not the value those assets would have at present crypto prices. Bitcoin’s {{BTC}} price hovered around $16,500 shortly afterFTX filed for bankruptcy. As of press time, it was trading around $65,000.\nSome victims’ names and email addresseswere redactedin the publicly available versions of the documents.Corporate victim statementswere not redacted, and a DOJ letter accompanying the letters said,\nSome of these victim impact statements also appear to follow a form letter format, with recipients substituting their account values at the time of bankruptcy, the value as of when the letters were filed and the loss amounts. Many of the letters, both the templated versions and others, emphasized the loss of value from waiting for their funds.\n“I respectfully urge the court to consider the full scope of the impact that Sam Bankman-Fried’s actions and the collapse of FTX have had on my family and me,” another letter said. “Justice, in this case, should not only involve penalizing the wrongdoer but also ensuring that the victims are genuinely compensated for their losses.”\nThe victim impact statements come just after the DOJ filed its sentencing memorandum arguingBankman-Fried should spend 40 to 50 years in prisonfor his conviction on seven different fraud and conspiracy charges last November. The recommendation from prosecutors is less than the 100 years proposed in a Presentence Investigation Report by a probation officer.\nHis defense team filed its sentencing memo last month, urging District Judge Lewis Kaplan to impose a lighter sentence ofno more than 6.5 years.\nThe defense filed multiple character reference letters from Bankman-Fried’s parents and brother, fellow adherents of the Effective Altruism philosophy, former FTX employees and several others.\nBankman-Fried’s sentencing is scheduled for 9:30 a.m. ET on March 28.", '• BVM, a Bitcoin layer 2 project, will release a platform called Truly Open AI, allowing users to deploy AI models on the blockchain for use in crypto applications.\n• The AI’s storage model was built in collaboration with Filecoin, Near, Avail, Polygon, and Syscoin.\nBitcoin Virtual Machine (BVM), a Bitcoin layer 2 project, will soon release a platform that allows users to spin up artificial intelligence (AI) models, developer punk3700 told CoinDesk in a message on Tuesday.\nThe new feature, called Truly Open AI, will let users float AI models on the blockchain for use in crypto applications. An AI model is a tool or algorithm based on a specific data set to arrive at a decision.\n“We’ve figured out a way to put AI on-chain,” lead developer punk3700 said. “It’s the same but with a much bigger impact than putting jpegs on-chain like ordinals,” he said.\n“They are neural networks (technical terms for AI) where users can create their own AI models, make money from them (when people use their AI models) per call, or sell the entire models,” he added.\nThe developer said that Filecoin, Near, Avail, Polygon, and Syscoin will provide the storage layers for the AI models.\nAI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years.\nHowever, the relationship between AI and crypto is unclear:Some market experts sayartificial intelligence cannot run on a blockchain, even though scores of projects claim otherwise.\nAt the time of writing, Bitcoin Virtual Machine’s BVM token was trading at $2, down 20% in the past 24 hours, in line with a marketwide drop.', '• BVM, a Bitcoin layer 2 project, will release a platform called Truly Open AI, allowing users to deploy AI models on the blockchain for use in crypto applications.\n• The AI’s storage model was built in collaboration with Filecoin, Near, Avail, Polygon, and Syscoin.\nBitcoin Virtual Machine (BVM), a Bitcoin layer 2 project, will soon release a platform that allows users to spin up artificial intelligence (AI) models, developer punk3700 told CoinDesk in a message on Tuesday.\nThe new feature, called Truly Open AI, will let users float AI models on the blockchain for use in crypto applications. An AI model is a tool or algorithm based on a specific data set to arrive at a decision.\n“We’ve figured out a way to put AI on-chain,” lead developer punk3700 said. “It’s the same but with a much bigger impact than putting jpegs on-chain like ordinals,” he said.\n“They are neural networks (technical terms for AI) where users can create their own AI models, make money from them (when people use their AI models) per call, or sell the entire models,” he added.\nThe developer said that Filecoin, Near, Avail, Polygon, and Syscoin will provide the storage layers for the AI models.\nAI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years.\nHowever, the relationship between AI and crypto is unclear:Some market experts sayartificial intelligence cannot run on a blockchain, even though scores of projects claim otherwise.\nAt the time of writing, Bitcoin Virtual Machine’s BVM token was trading at $2, down 20% in the past 24 hours, in line with a marketwide drop.', 'In this article, we will be taking a look at the 12 best cybersecurity stocks to buy according to analysts. To skip our detailed analysis of the cybersecurity sector, you can go directly to see the5 Best Cybersecurity Stocks to Buy According to Analysts.\nThe technology sector has developed exponentially over the past few years, leading to an increasingly interconnected digital landscape. This is more the case in light of the rise of artificial intelligence (AI), as it has armed companies, individuals, and governments with an exceptionally effective technological arsenal. As a result, cybersecurity has become more pronounced regarding innovation and exposure to external cyber threats.\nA fall 2023articlepublished by Deloitte, titled "AI in Cybersecurity: A Double-Edged Sword," highlighted the important role AI has come to play in the cybersecurity industry. The report noted that AI now offers the potential of bolstering digital defenses to make them stronger than ever before. For instance, a Zipdosurveycited by Deloitte has shown that 61% of enterprises believe they require AI technologies to detect breach attempts and that 69% of organizations surveyed believed they could not respond to critical threats without AI. However, AI is also capable of doing great damage if it falls into the wrong hands, in terms of "unleashing new forms of cyber threats." Deloitte noted several examples of AI-enabled cyber threats, including a 2023 instance when hackers used AI to get through Bitfinex\'s biometric authentication system. Fake video streams were injected into the verification process and succeeded in fooling the system into thinking that the videos were legitimate users. Through this endeavor, the hackers stole $150 million worth of digital assets such as Bitcoin, Ethereum, and Tether.\nDespite the malicious use of AI in cybercrime, many still believe in the transformative capability of this technology in the cybersecurity industry, provided that certain steps are taken to mitigate the risks associated with AI in cybercrime. Deloitte recommended the establishment of policies and standards that could set the framework for responsible and secure AI usage, the development of a defensible security architecture that can protect AI systems from internal and external threats, and the implementation of tailored security solutions for AI.\nAs the situation stands at present, AI in cybersecurity is thus here to stay. From an investment standpoint, this can be an exciting opportunity. According to the Zipdo survey, by 2026, the global AI in cybersecurity market is projected to reach a grand total of $46.3 billion. Deloitte has also offered a projection for this growth, stating that the market, which was worth $17.4 billion in 2022, may hit a value of $102.78 billion by 2032, growing at a compound annual growth rate of\xa0 19.43% between 2023 and 2032. Additionally, Zipdo estimates that AI-enabled cybersecurity tech is expected to grow at an annual rate of 23.6% until 2027. Considering the impact of this technology in the cybersecurity space, 44% of the businesses surveyed reported that they are planning to invest in AI to improve their cybersecurity.\nThese figures may aid cybersecurity companies such as SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), among others, in growing exponentially in the years to come. Today, most renowned industry players in the cybersecurity sector are working to incorporate AI in their operations in light of these developments.\xa0Considering the above, we have compiled a list of the best cybersecurity stocks to buy now, according to analysts. Our list includes someundervalued cybersecurity stocksalongside somegrowth stocks in the cybersecurity industryas well.\nOur Methodology\nTo select the names for our list of the best cybersecurity stocks, we consulted the holdings of theGlobal X Cybersecurity ETFand shortlisted the stocks based on their upside potential as of March 18.\xa0 We calculated upside potential based on average analyst price targets for these stocks. Price target data was taken from Benzinga. The stocks are ranked based on their upside potential based on price targets, from the lowest to the highest upside potential. We have also mentioned the number of hedge funds holding stakes in the stocks by using Insider Monkey\'s hedge fund data for the fourth quarter. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by over 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.\nNumber of Hedge Fund Holders: 10\nAverage Analyst Price Target: $22\nUpside Potential: 11.5%\nRadware Ltd. (NASDAQ:RDWR) is a systems software company based in Israel. The company develops, manufactures, and markets cybersecurity and application delivery solutions for applications in cloud, on-premise, and software-defined data centers worldwide.\nAn Overweight rating and a $22 price target were maintained on Radware Ltd. (NASDAQ:RDWR) by Tavy Rosner at Barclays on February 8.\nRadware Ltd. (NASDAQ:RDWR) had 10 hedge funds long its stock in the fourth quarter, with a total stake value of $113.6 million.\nLike SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Radware Ltd. (NASDAQ:RDWR) is one of the best cybersecurity stocks to invest in according to analysts.\nNumber of Hedge Fund Holders: 50\nAverage Analyst Price Target: $294.6\nUpside Potential: 13.1%\nAt the end of the fourth quarter,RGM Capitalwas the largest shareholder in Cyberark Software Ltd (NASDAQ:CYBR), holding over 1 million shares in the company.\nCyberark Software Ltd (NASDAQ:CYBR) is another systems software company on our list of the best cybersecurity stocks to buy. It develops, markets, and sells software-based identity security solutions and services worldwide. The company is based in Israel.\nTal Liani, an analyst at Bank of America Securities, maintained a Buy rating and $315 price target on Cyberark Software Ltd (NASDAQ:CYBR) on March 15.\nOur hedge fund data for the fourth quarter shows 50 hedge funds long Cyberark Software Ltd (NASDAQ:CYBR), with a total stake value of $1.6 billion.\nNumber of Hedge Fund Holders: 17\nAverage Analyst Price Target: $12\nUpside Potential: 16.7%\nA Neutral rating and $12 price target were maintained on OneSpan Inc. (NASDAQ:OSPN) by analysts at DA Davidson on March 7.\nOneSpan Inc. (NASDAQ:OSPN) is a cybersecurity company that designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements. It is based in Boston, Massachusetts.\nIn the fourth quarter, 17 hedge funds were long OneSpan Inc. (NASDAQ:OSPN), with a total stake value of $94 million.\nNumber of Hedge Fund Holders: 14\nAverage Analyst Price Target: $16\nUpside Potential: 17.8%\nImpax Asset Managementwas the most prominent shareholder in A10 Networks, Inc. (NYSE:ATEN) at the end of the fourth quarter, holding 775,000 shares in the company.\nAs of February 7, BWS Financial analysts hold a $17 price target and a Buy rating on A10 Networks, Inc. (NYSE:ATEN).\nBased in San Jose, California, A10 Networks, Inc. (NYSE:ATEN) is a systems software company that offers networking solutions. It offers the Thunder Convergent Firewall, which can address multiple critical security capabilities, among others.\nA10 Networks, Inc. (NYSE:ATEN) was seen in the portfolios of 14 hedge funds in the fourth quarter, with a total stake value of $74.2 million.\nRichie Capital Group mentioned A10 Networks, Inc. (NYSE:ATEN) in its first-quarter 2023 investorletter:\n“A10 Networks, Inc.(NYSE:ATEN) (ATEN down -11.1%) – The provider of cybersecurity and infrastructure solutions for on-premises, cloud and edge environments traded down during the quarter despite recording a record fourth quarter and full year revenue. The company still faces some challenges as they transition from a hardware focus to becoming software centric. Investors were likely concerned with ATEN’s negative growth in their enterprise segment. Despite near term headwinds, we view the company as an attractively priced cybersecurity market leader with attractive margins and high returns on capital. The company continues to outpace their peers in the Application Delivery Controller (ADC) market and expects double digit earnings growth for the full year 2023.”\nNumber of Hedge Fund Holders: 77\nAverage Analyst Price Target: $335.2\nUpside Potential: 18.9%\nThere were 77 hedge funds long Palo Alto Networks, Inc. (NYSE:PANW) in the fourth quarter, with a total stake value of $1.8 billion.\nPalo Alto Networks, Inc. (NYSE:PANW) provides cybersecurity services worldwide. It offers firewall appliances and software alongside a security management solution for the global control of network security platforms as a virtual or physical appliance under the name of Panorama. The company is based in Santa Clara, California.\nStifel analysts maintained a Buy rating and a $330 price target on Palo Alto Networks, Inc. (NYSE:PANW) on March 13.\nNumber of Hedge Fund Holders: 30\nAverage Analyst Price Target: $61.8\nUpside Potential: 22.9%\nRapid7, Inc. (NASDAQ:RPD) is a systems software company based in Boston, Massachusetts. The company provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brands.\nPoint72 Asset Managementwas the largest shareholder in Rapid7, Inc. (NASDAQ:RPD) at the end of the fourth quarter, holding 1.8 million shares in the company.\nWe saw 30 hedge funds long Rapid7, Inc. (NASDAQ:RPD) in the fourth quarter, with a total stake value of $377.1 million.\nAn Outperform rating and a $70 price target were reiterated on Rapid7, Inc. (NASDAQ:RPD) on February 8 by analysts at RBC Capital.\nLike SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Rapid7, Inc. (NASDAQ:RPD) is among the best cybersecurity stocks to buy now.\nNumber of Hedge Fund Holders: 62\nAverage Analyst Price Target: $394.4\nUpside Potential: 24.6%\nCantor Fitzgerald analysts maintained an Overweight rating and a $400 price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) on March 14.\nAt the end of the fourth quarter, 62 hedge funds were long CrowdStrike Holdings, Inc. (NASDAQ:CRWD), with a total stake value of $2.6 billion.\nCrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cybersecurity solutions worldwide. It offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company is based in Austin, Texas.\nBaron Funds said the following about CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its fourth-quarter 2023 investorletter:\n“Improving unit economics: Many of our companies were able to significantly expand margins during 2023 even though revenue growth decelerated for some of them, showcasing the power of their capital-light, recurring revenue business models, and their increased focus on efficiency. Another example is the cybersecurity platform,CrowdStrike Holdings, Inc.(NASDAQ:CRWD), which is expected to increase its operating margins from 15.9% in 2022 to 20.8% in 2023 as a result of growing efficiencies, while the company’s platform offering is resonating with an increasing number of customers (for example, deals with eight or more modules grew 78% year-over-year in the last quarter), which is a tailwind to sales productivity.”\nClick to continue reading and see the5 Best Cybersecurity Stocks to Buy According to Analysts.\nSuggested articles:\n• 11 Most Undervalued Cybersecurity Stocks To Buy According To Analysts\n• 12 Best Performing Cybersecurity Stocks in 2023\n• 11 Best Cybersecurity Stocks Hedge Funds Are Buying\nDisclosure:None.12 Best Cybersecurity Stocks to Buy According to Analystsis originally published on Insider Monkey.', 'In this article, we discuss the 15 best blockchain and bitcoin ETFs. If you want to skip our discussion on the cryptocurrency industry, head directly to5 Best Blockchain and Bitcoin ETFs.\nThe cryptocurrency market has experienced a significant turnaround from the losses of 2022 and 2023, with a notable rise driven by Bitcoin. Bitcoin\'s price has been steadily climbing since October 2023 and is currently approaching its previous record levels from late 2021. The surge in prices suggests that the cryptocurrency market may be on track to set new records this year. The key question now is whether this trend signifies a sustained bull market in cryptocurrencies or a short-lived surge. This upward trend follows a surge of interest from retail investors in spot Bitcoin ETFs. For instance, on March 4 alone, net inflows into the US-based Bitcoin ETFs reached approximately $562 million, asreportedbyCointelegraph.\nThe rising popularity of digital currencies like Bitcoin, Litecoin, and Ethereum is anticipated to drive market growth in the coming years. People in developed nations are increasingly embracing the convenient and flexible nature of digital transactions offered by these currencies. This surge in virtual currency usage has prompted central banks to show support for digital currencies. Additionally, digital currencies often leverage blockchain technology to achieve decentralization and facilitate efficient transactions, which are fast, transparent, secure, and reliable. Companies are capitalizing on these advantages by investing in cryptocurrency and forming partnerships to enhance services for users. For example, in October 2018, the Qtum Chain Foundation, based in Singapore,collaboratedwith Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services China to deploy blockchain systems on the Amazon Web Services cloud. This strategic partnership aimed to simplify the development and deployment of smart contracts for AWS users using Amazon Machine Images.\nA recent reportsuggeststhat Bitcoin may hit a new record of $88,000 in 2024, settling at around $77,000 by year-end. Finder, a UK fintech firm, conducted a study based on predictions from 40 crypto industry specialists. The experts anticipate an average peak price of $87,875 in 2024, with some predicting it could reach $200,000. Conversely, the lowest expected price by the end of 2024 is around $35,734, with a few forecasts of as low as $20,000. Over half of the surveyed experts expect prices to rise after a "BTC halving event" in April 2024, where the reward for mining Bitcoin transactions is halved. This reward could decrease to 3.125, leading to a decrease in supply and potentially higher prices.\nSome experts believe Bitcoin faces pressure due to the halving event and increasing interest from major companies and institutional investors, which could drive up demand. The approval of 11 Bitcoin ETFs by the US Securities and Exchange Commission is expected to bring more buyers into the market, as it makes trading Bitcoin-related investment funds easier on US stock exchanges. Additionally, analysts anticipate that a cut in the historically high benchmark rate by the US Federal Reserve could lead to more liquidity flowing into Bitcoin, further boosting its price. However, John Hawkins, a senior lecturer at the University of Canberra, remains cautious, viewing cryptocurrency as primarily speculative in nature. He stated:\n“If the new spot Bitcoin ETFs are popular, there could be a temporary price increase. But, in the medium to longer-term, I still regard Bitcoin as a speculative bubble.”\nOn the other hand, the global blockchain market was valued at about $7.4 billion in 2022 and isforecastedto reach over $94 billion by the end of 2027, with a projected compound annual growth rate of approximately 66.2% during the period from 2022 to 2027. Increased demand for blockchain technology across sectors such as retail, banking, and supply chain is anticipated to drive market expansion. However, the limited availability of skilled professionals to implement blockchain technology could pose a challenge to market growth.\nThis article discusses some of the best performing blockchain and bitcoin ETFs that provide investors with access to stocks like Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK).\nOur Methodology\nWe curated our list of the best blockchain and bitcoin ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 15, 2024, ranking the list in ascending order of the share price. It is important to note, however, that not all ETFs have been trading for 5 years. We have also discussed the top holdings of the ETFs to offer better insight to potential investors.\nA close-up of a laptop with a Bitcoin ecosystem monitor running in the background.\n5-Year Share Price Performance as of March 15: 22.74%\nThe Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) aims to invest in firms actively involved in development, research, or use of blockchain technologies. It seeks long-term growth by mirroring the investment returns of the NASDAQ Blockchain Economy Index, before deducting fees and expenses. The ETF was launched on January 17, 2018, and as of March 13, 2024, it holds net assets totaling $81.08 million, with gross expenses of 0.68%. The fund\'s portfolio, as of March 14, 2024, comprises 55 stocks.\nMicroStrategy Incorporated (NASDAQ:MSTR) is the largest holding of the Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN). It offers enterprise analytics software and services powered by artificial intelligence globally. On February 6, MicroStrategy Incorporated (NASDAQ:MSTR) announced a Q4 non-GAAP EPS of $5.62, beating market estimates by $5.41, and a revenue of $124.5 million, falling short of estimates by $7.68 million.\nAccording to Insider Monkey’s fourth quarter database, 16 hedge funds were bullish on MicroStrategy Incorporated (NASDAQ:MSTR), same as the previous quarter.\nIn addition to Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK), MicroStrategy Incorporated (NASDAQ:MSTR) is one of the best blockchain and bitcoin stocks to buy.\nMiller Value Partners Income Strategy made the following comment about MicroStrategy Incorporated (NASDAQ:MSTR) in its Q1 2023 investorletter:\n“MicroStrategy Incorporated (NASDAQ:MSTR) 0.75% 12/15/2025 rose in sympathy with Bitcoin’s 71.7% gain during the first quarter. The company reported 4Q22 revenue of $132.6MM, -1.5% Y/Y (+4.1% on constant currency basis), ahead of consensus of $131.0MM, and an adjusted loss from operations of -$176.7MM, compared to a 4Q21 adjusted loss of -$124.3MM. During the quarter, MicroStrategy’s subsidiary, Macrostrategy, voluntarily paid off a $205MM loan to Silvergate Bank with a 22% discount after the bank filed for liquidation earlier this year. Additionally, MicroStrategy reported that it purchased another ~6.5K bitcoin for ~$150MM in cash, at an average price of $23.2K per token, bringing the company’s total holdings to ~139.0K bitcoin as of 3/23/23, which is worth approximately $3.95B based on a bitcoin price of ~$28.4K as of 3/31/23.”\n5-Year Share Price Performance as of March 15: 47.08%\nThe First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) aims to mirror the performance of the Indxx Blockchain Index. It is one of the best blockchain and bitcoin ETFs. This index tracks companies that actively use, invest in, develop, or have products benefiting from blockchain technology and its potential for increased efficiency in business processes. The ETF was launched on January 24, 2018, and as of March 14, 2024, it has net assets of $104.61 million and holds 102 stocks. The fund\'s expense ratio is 0.65% as of February 1, 2024.\nNVIDIA Corporation (NASDAQ:NVDA) is the top holding of the First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR).The company offers graphics, computing, and networking solutions in different countries around the world.\nAccording to Insider Monkey’s fourth quarter database, 173 hedge funds were bullish on NVIDIA Corporation (NASDAQ:NVDA), compared to 180 funds in the preceding quarter. Rajiv Jain’sGQG Partnersheld a significant position in the company, with 13.9 million shares valued at approximately $6.89 billion.\nAlger Spectra Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its fourth quarter 2023 investorletter:\n“NVIDIA Corporation (NASDAQ:NVDA) is a leading supplier of graphics processing units (GPUs) for a variety of end markets, such as gaming, PCs, data centers, virtual reality and high-performance computing. The company is leading in most secular growth categories in computing, and especially artificial intelligence and super- computing parallel processing techniques for solving complex computational problems. Simply put, Nvidia’s computational power is a critical enabler of Al and therefore critical to Al adoption, in our view. During the period, shares contributed to performance as Nvidia reported solid fiscal third quarter results well above analyst expectations, driven by strong demand from data centers. Growing Al data center workloads are driving demand for the increased interconnections and fully accelerated software stacks, thereby enabling leading application performance and fast result times.”\n5-Year Share Price Performance as of March 15: 56.05%\nARK Next Generation Internet ETF (NYSE:ARKW) is an actively managed ETF aiming for long-term capital growth by primarily investing in domestic and US-listed foreign equity securities of companies relevant to the fund’s focus on the next generation internet. ARK Next Generation Internet ETF (NYSE:ARKW) was introduced on September 30, 2014, and it is one of the best blockchain and bitcoin ETFs. As of January 31, 2024, the ETF\'s net assets total $1.52 billion, with an expense ratio of 0.88%. Its portfolio typically includes 35 to 55 stocks.\nCoinbase Global, Inc. (NASDAQ:COIN) is the largest holding of the ARK Next Generation Internet ETF (NYSE:ARKW). It offers financial infrastructure and technology services for the cryptocurrency economy worldwide. On February 15, Coinbase Global, Inc. (NASDAQ:COIN) reported a Q4 GAAP EPS of $1.04 and a revenue of $953.8 million, outperforming market consensus by $1.03 and $134.87 million, respectively.\nAs per Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on Coinbase Global, Inc. (NASDAQ:COIN), an increase from 27 funds in the previous quarter. Cathie Wood’sARK Investment Managementheld the largest position in the firm, with 8.6 million shares worth around $1.5 billion.\nPatient Capital Management stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its fourth quarter 2023 investorletter:\n“Coinbase Global, Inc. (NASDAQ:COIN) climbed an incredible 131.7% in the quarter outpacing the 57% gain in bitcoin over the same period as investors became excited about the potential approval of a Bitcoin ETF in the new year. Coinbase continues to stand out as the lead survivor in an industry of fading and failing leaders. Cost savings initiatives taken earlier in the year have resulted in three quarters of positive EBITDA leading to expectations for “meaningful positive adjusted EBITDA” for the full year 2023. We continue to believe COIN has the potential to be the platform for crypto with $5B in liquidity providing the ability to invest and weather any crypto winters.”\n5-Year Share Price Performance as of March 15: 57.39%\nBitwise Bitcoin ETF (NYSE:BITB) offers an affordable way to invest in bitcoin through a traditional, professionally handled ETF. Managed by Bitwise, a company with expertise and a successful track record in managing crypto assets for institutional investors, the fund directly invests in bitcoin and is easily accessible through a brokerage account. The Bitwise Bitcoin ETF (NYSE:BITB) is ranked 12th on our list of the best bitcoin and blockchain ETFs. The ETF was launched on January 10, 2024. As of March 15, 2024, the fund\'s net assets total $2.04 billion.\n5-Year Share Price Performance as of March 15: 57.50%\nNext on our list of the best blockchain and bitcoin ETFs is the WisdomTree Bitcoin Fund (BATS:BTCW), which is designed to mirror the price movements of bitcoin by holding the cryptocurrency. The fund\'s share value is typically calculated daily using an independently determined value based on a combination of actual trade data from major bitcoin exchanges. Launched on January 11, 2024, the fund had net assets totaling $75.18 million as of March 15, 2024, with a gross expense ratio of 0.25%.\n5-Year Share Price Performance as of March 15: 57.66%\nARK 21Shares Bitcoin ETF (BATS:ARKB) aims to mirror the performance of bitcoin, as determined by the CME CF Bitcoin Reference Rate - New York Variant. ARK 21Shares Bitcoin ETF (BATS:ARKB) is placed among the best blockchain and bitcoin ETFs. Launched on January 10, 2024, the fund holds net assets totaling $1.52 billion as of February 16, 2024, its expense ratio stands at 0.21%.\n5-Year Share Price Performance as of March 15: 57.71%\nRanked among the best blockchain and bitcoin ETFs, the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) aims to match the performance of bitcoin, as determined by the Fidelity Bitcoin Reference Rate, after accounting for the Trust\'s expenses and other obligations. Launched on January 10, 2024, the fund holds net assets amounting to $6.43 billion as of March 15, 2024.\n5-Year Share Price Performance as of March 15: 57.78%\nThe VanEck Bitcoin Trust ETF (BATS:HODL), one of the best blockchain and bitcoin ETFs, aims to mirror the price performance of Bitcoin after deducting the Trust\'s operational expenses. It is a passive investment vehicle that solely tracks the price of Bitcoin without seeking additional returns. The fund was launched on January 4, 2024. As of March 15, 2024, the fund holds net assets totaling $532.56 million, featuring an expense ratio of 0.20%.\n5-Year Share Price Performance as of March 15: 69.35%\nThe iShares Bitcoin Trust (NASDAQ:IBIT) aims to closely track the price performance of Bitcoin. Ranked 7th on our list of the best blockchain and bitcoin ETFs, this trust allows investors to gain exposure to Bitcoin through a traditional brokerage account. Developed by BlackRock, the world\'s largest asset manager and ETF provider, the iShares Bitcoin Trust (NASDAQ:IBIT) was launched on January 5, 2024. As of March 15, 2024, the fund holds net assets totaling $15.94 billion, with a sponsor fee of 0.25%.\n5-Year Share Price Performance as of March 15: 97.55%\nThe Amplify Transformational Data Sharing ETF (NYSE:BLOK) is actively managed and aims to achieve total return by investing primarily in equity securities of companies actively engaged in developing and using blockchain technologies. It was launched on January 17, 2018. As of March 15, 2024, the fund has net assets totaling $711.95 million, with an expense ratio of 0.76%. Its portfolio includes 53 stocks. It is one of the best blockchain and bitcoin ETFs to invest in.\nGalaxy Digital Holdings Ltd. (TSE:GLXY) is one of the top holdings of the Amplify Transformational Data Sharing ETF (NYSE:BLOK). Galaxy Digital Holdings Ltd. (TSE:GLXY), a company specializing in asset management, operates in the digital asset, cryptocurrency, and blockchain technology sector. It is divided into five parts – Trading, Principal Investments, Asset Management, Investment Banking, and Mining.\nLike Coinbase Global, Inc. (NASDAQ:COIN), NVIDIA Corporation (NASDAQ:NVDA), and CleanSpark, Inc. (NASDAQ:CLSK), Galaxy Digital Holdings Ltd. (TSE:GLXY) is one of the best blockchain and bitcoin stocks to buy.\nClick to continue reading and see5 Best Blockchain and Bitcoin ETFs.\nSuggested articles:\n• 15 Biggest Solar Companies in the World\n• 16 Sites Like Alibaba: Best Alternatives to Source Products\n• 50 Cities With The Largest Population In The US\nDisclosure: None.15 Best Blockchain and Bitcoin ETFsis originally published on Insider Monkey.', 'In this article, we discuss the 15 best blockchain and bitcoin ETFs. If you want to skip our discussion on the cryptocurrency industry, head directly to5 Best Blockchain and Bitcoin ETFs.\nThe cryptocurrency market has experienced a significant turnaround from the losses of 2022 and 2023, with a notable rise driven by Bitcoin. Bitcoin\'s price has been steadily climbing since October 2023 and is currently approaching its previous record levels from late 2021. The surge in prices suggests that the cryptocurrency market may be on track to set new records this year. The key question now is whether this trend signifies a sustained bull market in cryptocurrencies or a short-lived surge. This upward trend follows a surge of interest from retail investors in spot Bitcoin ETFs. For instance, on March 4 alone, net inflows into the US-based Bitco Last 60 Days of Bitcoin's Closing Prices: [41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-19 Financial & Commodity Data: - Gold Closing Price: $2156.30 - Crude Oil Closing Price: $83.47 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,295,610,515,888 - Hash Rate: 655172523.6571684 - Transaction Count: 463952.0 - Unique Addresses: 755218.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The leaders of the World Bank and International Monetary Fund are seeking to mend fences between their sister institutions after tensions arose in recent years over issues including climate change and sovereign debt issues. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Presidential Race Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Trump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again. Putin Orders Hunt for Property of Russian Empire, Soviet Union Burger King Is Serving Whoppers With a Side of Cringe Ajay Banga, who took over as World Bank president in June, met last week with the IMF executive board, made up of 24 executive directors who represent its 190 member countries, according to an IMF spokesman. It’s the first time that a chief of the anti-poverty institution has met with those top officials of the world’s lender of last resort in more than five years. It’s part of an effort to move past some bad blood dating to the tenure of Banga’s predecessor, David Malpass. The Trump appointee was criticized for not sufficiently focusing on environmental issues, while IMF Managing Director Kristalina Georgieva moved the fund toward addressing climate issues. An IMF spokesman said in a statement that Banga’s “informal courtesy visit to the IMF Executive Board was for him to outline his vision for the World Bank Group and the importance of continued close collaboration between the fund and the bank, and not in a response to anything else.” The World Bank declined to comment. Banga and Georgieva said in a joint statement in early September that they plan to enhance collaboration — “in particular with regards to climate change, renewed high debt vulnerabilities, and digital transition.” Banga and Georgieva also meet for breakfast or lunch about once a month to discuss shared priorities, according to a person familiar with their discussions, who asked not to be identified discussing private interactions. Story continues Georgieva, an environmental economist, took the top at the IMF job in 2019 after serving as the World Bank’s number two official and running it for several months before Malpass was appointed. Under her, the IMF has begun granting longer-term loans to help nations adapt to climate change, traditionally the purview of the World Bank. That sparked resentment among some at the World Bank, which environmental groups criticized as being disinterested in the issue under Malpass. Meanwhile, Malpass, who in the Trump administration had a reputation as a China hawk, was more vocal than Georgieva in calling for Beijing to provide debt relief to struggling nations during the Covid-19 pandemic. That stirred some unease at the IMF, whose traditional focus is on balance of payments lending and debt. Tensions were further stoked in late 2021 after the World Bank under Malpass’s leadership released a report that characterized Georgieva as trying to improperly boost China’s ranking in a survey of business climates during her time at the bank. That led the IMF board to consider removing her, although it determined the report didn’t “conclusively demonstrate” wrongdoing. Last week’s IMF board meeting with Banga, at the IMF headquarters across the street from the World Bank in Washington, lasted about 90 minutes and was focused on how the institutions can create incentives for greater collaboration between their staffs, which varies between countries and offices around the world, according to people familiar with the meeting, who asked not to be identified because it was private. The visit ended with a pledge to maintain stepped-up interactions, they said. The World Bank’s roughly 16,000 staff are largely focused on project finance, while the IMF’s approximately 3,000 employees, mostly economists, are more focused on balance of payments lending. Malpass stepped down last year, almost a year before the end of his term to “pursue new challenges.” The Biden administration appointed Banga to replace Malpass and has signaled that it now wants to see the IMF refocus on its core mission of macroeconomic and exchange-rate surveillance and guidance, and leave climate expertise to the World Bank and others. Read More: US Calls on IMF to Reload and Refocus Amid China Pushback Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Stoppedapollo67', 'Dorms Marked Key', 36, '2024-03-19 00:42', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', "This is my first wipe playing tarkov got the game about a month or so ago. I've made it to lvl 21 or so but die nearly every PMC raid. The other day I got lucky in factory looting a jacket and got a marked key for customs. I just opened it for the first time and holy shit is it worth. I got 2 bitcoin and RSASS and a mk47. I hauled ass to zb11 and heard another pmc rushing me as I exfilled. I don't know how much the guns are really worth because they dont sell on the flea but I made half the cost of the key in just one open of the room. Really loving the game right now.\n", 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', '1bi5u4l', [['u/robinjinxed', 20, '2024-03-19 00:51', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi7jq3/', 'You will need one RSASS for a gunsmith quest, keep one.', '1bi5u4l'], ['u/haldolinyobutt', 21, '2024-03-19 00:54', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi8441/', 'That room can be really hit or miss, the next time you go you might find a pistol, some ammo and a teapot. You need the key for a quest though', '1bi5u4l']]], ['u/aledanniel', 'Had enough of this BS', 118, '2024-03-19 00:55', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', 'Today I had enough and took all my money out of this ridiculous platform.\n\nFor Coinbase folks Case# 18231622\n\nAccount holder for maybe 12 years? Deposited much larger amounts recently. All verified kyc, never used vpn. Wired funds so it’s easier for them since they told me this is the safest for them. So I paid wire fees no problem. Never tried to do anything shady always following rules. Provided Id, selfies, all required documentation. Address all matches. Bought btc and BCH, and the moment I transfer some of it, like 5% to my cold wallet, Trezor (days later), my account is put on hold. At first I’m happy about it good for security. I allow all the time they need to review. They say 2 days I wait. 3rd day I ask if they need anything else they say no but now it’s 5 days. Same thing happens but now it’s 2 weeks. Same thing happens but now it’s 60 days. I wait 60 days and today I was told that review got dropped because of risk factos and I can submit a request to review again in 2 months.\n\nAll this time of course I had to wait an hour or two to speak/chat to an associate. They never give specifics. I would love to provide anything they need but I don’t know what they need because they won’t tell me what the issue is. \n\nPeople on the chat won’t let me ask questions and this last time, today, the customer service client asked if I had my issue resolved, I said no, and just disconnected me. They treat people like sht. \n\nI sold all and transfered to my bank. Will be using other platforms going forward. \n', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', '1bi654l', [['u/PutridPresent9957', 23, '2024-03-19 01:45', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvig1r8/', 'Coinbase is terrible, I only buy small amounts on there and transfer directly to cold storage', '1bi654l'], ['u/stocktadercryptobro', 11, '2024-03-19 02:22', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kviluea/', "I'm waiting until the 25th to be able to move my crypto off (that's assuming I get permission then). The money is already cleared from my bank. No reason other than bullshit. I've bought and sold tens of thousands on the platform, and have a coinbase one membership. Shady af exchange. I'm going to start shopping for another. Maybe Kraken?", '1bi654l'], ['u/nutacreep', 10, '2024-03-19 03:41', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvixlo6/', 'Ok… really not sure what the hostility is about, you can check the Gemini subreddit and reviews online for others that have had a similar experience. Whether you believe me or not makes no difference to me 👍🏼', '1bi654l']]], ['u/AnswerJazzlike', 'Best & Worst changes in the show', 17, '2024-03-19 00:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', "Tell us the changes you like and dislike from the show. It could be from early seasons to the newer ones and can range from adding new features (punishment pass), removing old ones (Best of the Worst, team captains, etc.), to adding a new spin on recurring challenges (signature dish changing their scoring system, BTC adding punishments to wrong answers). Just tell us the season that this change occurred.\n\nTo name a few...\n\nBest: \n\n* Changing the Signature Dish scoring system to the 1-5 scale instead of chasing between two chefs. Introduced in season 13, it seems. like a better way to gauge every chef's dishes while still making it a team challenge.\n* Removing the design your own restaurant challenge. I think they removed it around season 6 but yeah it kind of felt like padding to me.\n\nWorst:\n\n* Discontinuing the design your own menu challenge/service. It seems like a fun way to test the creativity of the teams and their ability to work together. Additional bonus is Ramsay being at his most pissed off during these kinds of services. Last menu challenge was Season 12. I know from Flynnmasters that the red team broke it but I don't think every team onwards would have pulled off that level of teamwork. Just imagine teams like the s17 red team or the s19 blue team trying to design and implement their menu.\n* Elimination challenges in general. I was fine with the one cook for your like challenge that happens around the midpoint but using that to decide the first boot, the black jackets, AND the finalists just made me despise it.\n * The first elimination challenge was introduced in Season 19 where one person doesn't even get a chance to prove themselves during service. That just seems unfair. Just to rub further salt in the wound, they don't even get the Henkel knife set.\n * Final elimination challenge takes the cake though. You know what season this was introduced. That season can speak for themselves, they know who they are. By this point in the game, the chef's creativity and service skills are already proven. It feels like bullshit that it's yet another challenge to dictate who. makes it to the finale instead of who was the better leader, the actual skill needed most for the head chef position. \n* Very minor but still disappointing is the removal of the quirky intros. Starting from season 17, it's just Ramsay strolling through a fiery restaurant I know the rights for the old theme song expired but that doesn't mean they can't do those old fun opening anymore. \n\nWhat are your's guy's pick? If you're confused, I'll do my best to clarify", 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', '1bi66yv', [['u/EldredKnight', 20, '2024-03-19 01:03', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvi9g7s/', "A good early one was moving to all professionals for S3 onwards (Except for Dominic in S4 for some reason). I like seeing people who know what they're doing, or at least aren't on the catastrophically unprepared level they were in 1 and 2. According to Virginia, they didn't even get a proper demonstration of the menu like we see them get in newer seasons.", '1bi66yv'], ['u/CatacombsRave', 11, '2024-03-19 01:35', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kviei98/', 'I agree, I miss the create-your-own menu challenge. I also miss when the finale was down to 2 chefs.', '1bi66yv'], ['u/camundell', 12, '2024-03-19 02:20', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvilegv/', 'I hate the pouring of liquid food during the blind taste test! My favorite challenge and this just about ruins it', '1bi66yv'], ['u/Alex72598', 18, '2024-03-19 02:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvir92d/', '\nI wish they hadn’t removed the black jacket rookies vs veterans service that was in 9-11. It was fun to see how the current chefs stacked up to the best from past seasons.', '1bi66yv']]], ['u/Kooky-Turnip-1715', 'Wasn’t crypto originally created to escape the system?', 82, '2024-03-19 01:06', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', 'Now the government has their hands all in it and taxes you for it. That was literally the reason bitcoin was created, for anonymity. Using physical cash is more anonymous then bitcoin at this point\n\nAt the end of the day if you wanna speculate and try to make some money, go for it. But the people who think they are clever and “escaping the matrix” through crypto are delusional. \n\n', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', '1bi6elc', [['u/TheAnalogKoala', 25, '2024-03-19 01:12', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviawu1/', 'It was created for more than anonymity. Satoshi anticipated that Bitcoin wasn’t perfectly anonymous and knew that some acitivities could unmask wallet owners, but I doubt he anticipated that the blockchain would someday be read almost like a book. \n\nWhat he was really interested was censorship-resistance and inability to debase the currency. \n\nSo yeah, I think he’s turning in his grave based on what Bitcoin has become. Pretty much no one gives a fuck (beyond lip service) about anything but number go up.', '1bi6elc'], ['u/futurevisioning', 16, '2024-03-19 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvid2s9/', 'I’m in it for the tech, bro! 🙄', '1bi6elc'], ['u/anyprophet', 52, '2024-03-19 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviebcy/', 'the title of the bitcoin white paper is literally: "Bitcoin: A Peer-to-Peer Electronic Cash System". that\'s as clear a mission statement as you can get.', '1bi6elc'], ['u/Legendventure', 13, '2024-03-19 01:50', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvigull/', "But at the same time you cannot afford to make a mistake or reverse the transaction for fraud purposes unlike banks or credit cards because those transactions are irreversible.\n\nHaving a fixed supply is a bad thing, you're escaping the current situation by eating a burrito, farting under the blankets and walking away from the bed because it stinks.", '1bi6elc'], ['u/Disastrous_Week3046', 86, '2024-03-19 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvih6oi/', 'What crypto is most successful at is being whatever it needs to be to get in more suckers.', '1bi6elc'], ['u/Far_Breakfast_5808', 24, '2024-03-19 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvihssk/', 'Funny thing is that now a lot of butters outright say they don\'t care about it being used as a currency anymore and instead prefer it\'s new use case as a way to get rich. They even defend their position, basically saying "just because it was created as a currency doesn\'t mean that is its most practical purpose". I don\'t know if I should commend them for at least being honest, or scold them for going against God Emperor Satoshi\'s wishes.', '1bi6elc'], ['u/Far_Breakfast_5808', 21, '2024-03-19 01:57', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvihyal/', ">Not being able to reverse the transaction is a benefit to the recipient\n\nSo you're basically saying it's a benefit to scammers because people can't get their money back, gotcha.", '1bi6elc'], ['u/Legendventure', 15, '2024-03-19 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviiuha/', '> Not being able to reverse the transaction is a benefit to the recipient. As is the fact that the fee is paid by the sender. Freedom comes with risks.\n\nAh yes, the "freedom". I wonder why third parties prevent certain transactions, maybe because we live in a society which have collectively agreed on laws to prevent some transactions, like to a sanctioned country, or north korea, or terrorists and these checks and balances are there for a reason. Its funny how it always comes back to illegal ass shit.\n\nGood luck getting any non illegal large transaction done via a system that has no opsies no backsies, the risk alone would laugh you out of the room.\n\n> Fixed supply is a good thing\n\nNot according to any modern economic theory. Having a fixed supply slows down the economy massively. Why would you invest and circulate money to improve productivity when its value increases by just sitting there? How can a city borrow money to kickstart investing in a new project when it needs to sit and collect money that only increases in value as it sits statically, without the ability to go into debt (Because i know you\'ll move the goalpost and bring up the US debt after talking about "printing money effortlessly" which funny enough you trust tether to do, in order to drive up the price of bitcoin right?\n\nSame old debunked tired arguments. I really wish we got someone who actually had new and good points :(', '1bi6elc'], ['u/Legendventure', 13, '2024-03-19 02:10', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvijvvl/', "> Modern economic theory is dumb and wrong\n\nHahahhahahaha\n\n> Enjoy your steak, Cipher\n\nOh I absolutely will, don't be left holding the bags!", '1bi6elc'], ['u/Far_Breakfast_5808', 14, '2024-03-19 02:14', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvikm1d/', "All you care about is merchants, but what about customers? Are you really okay with people being scammed out of their money without recourse? With banks, and especially credit cards, you have the option to decline or reverse suspicious transactions. With Bitcoin, there's no way to avoid it short of avoiding scams in the first place, and in practice that's often easier said than done.", '1bi6elc'], ['u/applesauceorelse', 19, '2024-03-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviru5k/', '> I can send any amount of value to anyone in the world without the permission of a third party. \n\nWith great difficulty and very high cost + risk. \n\nAll for something that really isn\'t worth anything, you don\'t need or benefit from "without permission", this is just emotional support finance for financial snowflakes. Something that to all intents and purposes, you can already do with the real financial system anyways (+ conveniently without the difficulty, cost, and risk). \n\nSomething where the only reason you can do this is because of bypassing and skirting regulations and laws, something which goes away as Bitcoin gets regulated, as y\'all pretend that you want. \n\n> In a currency with an absolutely fixed supply.\n\nThis is an unequivocally terrible property of a currency - certainly any currency you ever actually want to use or expect others to use. \n\n> If you don\'t see how that\'s escaping the current system, I would suggest you don\'t understand the current system very well.\n\nWhat exactly are you escaping? How is Bitcoin helping you do it? What can you do with Bitcoin that you can\'t do with real money? Be specific. All you\'ve mentioned are empty platitudes.\n\n> Anonymity/pseudonymity is not at all the main purpose of Bitcoin. (Which is good because it\'s tough to use privately)\n\nDoesn\'t this kind of negate your points about all the crime you think Bitcoin lets you commit? If the primary advantage of Bitcoin is that you can break laws because the Bitcoin network is permissionless, then you\'re kind of fucked if you can\'t do that anonymously, no? \n\nSo there goes your last advantage. Now you have nothing.', '1bi6elc'], ['u/Ok-Row-6131', 11, '2024-03-19 03:32', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviwagd/', 'They like the application of finding or being exit liquidity much better.', '1bi6elc'], ['u/baz4k6z', 26, '2024-03-19 04:22', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvj32fq/', "Hey it's also very successful in facilitating crimes like human trafficking and money laundering", '1bi6elc'], ['u/AmericanScream', 13, '2024-03-19 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvj3t3s/', 'Did you ever know a friend in school that maybe made little cartoons or something? And like would give them to his friends thinking they were valuable and the friends would be like, "um, ok, yea, that\'s cool?"\n\nThat was "Satoshi."', '1bi6elc'], ['u/warpedspockclone', 22, '2024-03-19 06:44', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvjic57/', "Yes, cash helps crime. Cash also helps everything else. Cars can be used to run people over, but are mainly use for transit. Crypto's main use case is crime, with a side helping of speculation, and a footnote about actual usefulness. The footnote says some think it may happen but isn't on the current roadmap, or an outline, or a well-formed idea, not even a stretch goal.", '1bi6elc']]], ['u/RBMVI', 'Finally over', 36, '2024-03-19 02:21', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/', "Got my distribution via Coinbase. About 30% of BTC and 20% of ETH. But at least now it's over. Thank you for being this ball of rage and sadness with me. I hope you all get yours soon.", 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/', '1bi8273', [['u/PsychologicalAd1862', 16, '2024-03-19 03:08', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/kvist0j/', 'Very happy to be out of that mess and I hope macheatsky goes to prison', '1bi8273'], ['u/RepulsiveMonk134', 11, '2024-03-19 09:10', 'https://www.reddit.com/r/CelsiusNetwork/comments/1bi8273/finally_over/kvju3qn/', 'Happy for you guys. Who else still waiting with me ?', '1bi8273']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, March 19, 2024', 35, '2024-03-19 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/', '1bibarb', [['u/Top_Plantain6627', 11, '2024-03-19 05:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj835f/', 'Does anyone know IBIT inflow ~', '1bibarb'], ['u/make_n_bake', 11, '2024-03-19 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj8bnd/', '[451.5](https://farside.co.uk/?p=997)', '1bibarb'], ['u/dopeboyrico', 24, '2024-03-19 05:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvj977j/', 'Upon the release of BlackRock’s inflow numbers confirming is was a net outflow day for spot ETF’s we reached a higher low of $64.8k, above the local bottom at $64.5k.\n\nThis is on a day where GBTC had their highest day of outflows since spot ETF launch at $642.5 million. Even with record high GBTC outflows and a net outflow day, we failed to reach a lower low, at least for now.\n\nGBTC’s outflows likely won’t be as high today as they were yesterday yet we’re about to see MSTR deploy another $525 million on top of whatever inflows new spot ETF’s end up doing.\n\nBuy the dip.', '1bibarb'], ['u/_TROLL', 27, '2024-03-19 05:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjabbs/', "GBTC lost close to 10,000 BTC today, from their remaining 378,100 stash.\n\nGuess their mini-ETF idea isn't appealing to their shareholders. By the time it's approved, GBTC will be mostly gone.", '1bibarb'], ['u/Outrageous-Net-7164', 24, '2024-03-19 05:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjd4wn/', 'I don’t think they give a shit. \n\nThey knew that the big ETF’s would crush them and still were the biggest fighters for the ETF. \n\nI’m pretty sure their view was that they were all tired of the grind, had legal action all over them and were all ultimately as rich as they ever dreamed. Plan was always keep the fees high and milk the last free money and sail off to sun set with a huge personally stash of BTC. Probably settle some fines/legal bills and do some deals to disappear and then watch the proper ETFs pump their bags. \n\nThey played it well ……. Who wants to carry on working if you don’t have too.', '1bibarb'], ['u/zpowers1987', 15, '2024-03-19 05:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjdlrc/', 'GBTC already took a haircut from 2% to 1.5% and they’re bleeding AUM. No need to kick them while they’re down. \n\nGrayscale has been around for a long time and is solely responsible for the fact we have these exchange traded products.', '1bibarb'], ['u/_TROLL', 10, '2024-03-19 05:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjdxxi/', 'Without Grayscale, someone else would have come along sooner or later -- maybe even Larry Fink himself -- and strong-armed the SEC into approving the ETFs.', '1bibarb'], ['u/simmol', 11, '2024-03-19 06:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjeaur/', 'There is a big volume gap between 50 and 60K because Bitcoin went up so quickly through this region. Usually, in these type of correction waves, these volume gaps get filled up so it would not be surprising if Bitcoin spends fair amount of time in this region if correction persists.', '1bibarb'], ['u/mork1985', 13, '2024-03-19 06:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjgdlh/', 'I agree. It’s almost as if the SEC said to Greyscale, “ok you get your approval, but you’re going to keep your fees higher than the rest of the market. You’re going to bleed out & let the big boys become the Bitcoin big boys. And you’re going to ride off into the sunset. Then you’ll avoid your legal obligations…”.', '1bibarb'], ['u/drdixie', 15, '2024-03-19 06:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvji6ui/', 'Each bounce off 64.8 gets weak and weaker. Next test and I think we lose 64k and set a lower low 😞', '1bibarb'], ['u/_TROLL', 21, '2024-03-19 07:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjk89b/', "It probably won't be a week. Bob Loukas thinks BTC was rising way too fast, and [needed a consolidation period of a few months](https://twitter.com/BobLoukas/status/1767553495551357430) surrounding the halving.\n\nIn the long run, it would probably be good to range between 55-75 for most of the spring and even summer.", '1bibarb'], ['u/GRYMandFROSTBITTEN', 13, '2024-03-19 07:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjn3vv/', ' From yesterday:\n\nWith the Reverse Rep Program running out in a month or so and the Bank Term Funding Program ending march 11th, those issues are at the forefront of this price action imo.\n\nEdit for the skeptics: https://www.frbdiscountwindow.org/GeneralPages/bank_term_funding_program#:~:text=What\'s%20New%3A%20As%20announced%20by,scheduled%20on%20March%2011%2C%202024.\n\n"As announced by the Federal Reserve Board on January 24, 2024, the Bank Term Funding Program (BTFP) has ceased making new loans as scheduled on March 11, 2024."\n\n"Fed Chair Jerome Powell said at his January 31, 2024 press conference that Fed officials will discuss “balance sheet issues” at their March 19-20 meeting".\n\nhttps://pbs.twimg.com/media/GIvrCUyXoAASvuY?format=jpg&name=large\n\n"The Fed will stop QT when overnight RRP balances drop to $300 billion and bank reserves are $3 trillion."\n\nhttps://www.newyorkfed.org/markets/desk-operations/reverse-repo', '1bibarb'], ['u/xtal_00', 15, '2024-03-19 07:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjo3hs/', 'Apparently more people want off the ride than expected. Some stuff shaking loose on chain, not enough to be too concerning.\n\nToday will be interesting.', '1bibarb'], ['u/drdixie', 11, '2024-03-19 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjpyg5/', 'And now 63. Down 5k from closing. Could we hit that god candle by US open?', '1bibarb'], ['u/Outrageous-Net-7164', 25, '2024-03-19 08:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjrsxt/', 'No longer a crypto millionaire ! \n\nHurting less than the previous 2 times of losing the status', '1bibarb'], ['u/cryptojimmy8', 13, '2024-03-19 09:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjtp8a/', 'Getting close to an area where I am soon starting to add some buys but I still see no sign of breaking out of the downtrend yet, but I think we are getting close to a bottom. Eth and alts also have had very hard corrections. Still dont think we’ll have a fast recovery though and we need to be patient. The biggest risk I see now is actually how high the nasdaq is right now. That could potentially give us an even harder time when it starts to dip. I know we are not that correlated anymore but a correction in the stock market will probably send us down as well', '1bibarb'], ['u/xtal_00', 12, '2024-03-19 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjuhp5/', 'Wait another cycle and you’ll have numbed to the point where watching the variance in the high six and seven figures isn’t too bad anymore.', '1bibarb'], ['u/_TROLL', 12, '2024-03-19 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjvezb/', "> No longer a crypto millionaire !\n\n... even worse, you're measuring that in Yen. 😉 🗾", '1bibarb'], ['u/Outrageous-Net-7164', 13, '2024-03-19 09:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjvkd1/', 'I’m there !\n\n2021 was savage \n\nWell into 6 figures lost over the last week. Even took out 2 6 figure loans and lumped in and watching that drop !\n\nNot even bothered \n\nIm 95% certain that this is needed bull run correction and the rewards are 6-12 months away.', '1bibarb'], ['u/TonyTuck', 14, '2024-03-19 09:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjwc98/', 'Wait you took two $100k+ loans to buy more bitcoin last week or I misunderstood?', '1bibarb'], ['u/CompleteApartment839', 14, '2024-03-19 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxjtb/', 'You must be new here :)', '1bibarb'], ['u/xtal_00', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxzi3/', 'This is going to be a long ride if you get depressed so quickly. :)\n\n$500m isn’t that much..', '1bibarb'], ['u/whathappening1112', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjxzrz/', "lol and a few days ago I was downvoted to hell for suggesting that the pre-halving pump was over and we'd be trading below $69k for a few weeks before another push to ATH in May or June. The consensus among the crowd here seemed to be that we'd be getting the 'god candle' to $100k any day now. To those new in here (there seem to be a lot) just keep stacking and you'll be OK.", '1bibarb'], ['u/jogeer', 10, '2024-03-19 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjy1pr/', 'Even a 500 million buy against market sentiment wouldn’t do a thing. \n\nWe needed a retest and looking for support because even though we hit a new ATH, it was a weak push. Markets never go in a straight line and I believe we’re close to the turnaround already.', '1bibarb'], ['u/kb1985', 17, '2024-03-19 10:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjy7va/', 'Just a reminder that like 2 months ago we were at 38k. We are still well above it.', '1bibarb'], ['u/FreeTheGalgo', 11, '2024-03-19 10:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjycuv/', 'And here we see the WSBer’s introduction to Bitcoin.', '1bibarb'], ['u/TonyTuck', 19, '2024-03-19 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjym43/', '> The consensus among the crowd here seemed to be that we\'d be getting the \'god candle\' to $100k any day now.\n\nThat was mostly Rico and some new people in this sub tho. I don\'t think old timers believed the "100k in a week" prediction, or even wanted to see that PA. Too steep too fast, we don\'t want a blow-off top pre halving.', '1bibarb'], ['u/Charming_Rub_5275', 24, '2024-03-19 10:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjywa2/', 'I hate to say it, but crypto might not be for you if this is how you feel at 63k btc', '1bibarb'], ['u/keeprunning23', 21, '2024-03-19 10:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvjzs2x/', "If we close above $0 today it'll be a bullish sign.", '1bibarb'], ['u/ngadominance', 27, '2024-03-19 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk0mv5/', "We want the bull run to last as long as possible meaning moves like this are essential. We are already miles ahead of every other halving cycle and I'm still expecting an overall cycle peak late 2024/early 25.", '1bibarb'], ['u/bloodyboy33', 11, '2024-03-19 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk0ode/', 'Alts bleed like it is in the middle of bearmarket', '1bibarb'], ['u/simmol', 24, '2024-03-19 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk1422/', 'The selling is relentless right now. There is an outside chance that we wick under 60K to 58-59K for a brief bit some time in the next few hours before recovery. But most likely, we go to like 61-62K and then recovers as we are entering into a region of solid support.', '1bibarb'], ['u/monkeyhold99', 10, '2024-03-19 11:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk3lvs/', '42k is not happening and I’ll eat a sock if I’m wrong on that. Sub 50k is possible but I think it would get bought up extremely quickly.', '1bibarb'], ['u/ImpudicusFungus', 11, '2024-03-19 11:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk4qd1/', 'Diarrhea mode engaged.', '1bibarb'], ['u/sgtlark', 11, '2024-03-19 12:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk81n7/', "Bleed motherfucker BLEEED I WANT MOAR\n\nWarren Buffet with maniac eyes strangling Bitcoin and grunting\n\nI think we'll go to the low 50k. Maybe not now but in the following days/weeks. That would be the dreaded 30% pullback from ATH.", '1bibarb'], ['u/sunil100k', 10, '2024-03-19 12:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk8l4b/', 'Pros of visiting this sub: Useful discussion, no cc crings.\n\nCons: You start thinking like btc maxis', '1bibarb'], ['u/Effayy', 10, '2024-03-19 12:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvk8zu7/', 'Not really a con. I\'ve watched my alts hemorrhage against BTC for years now. I\'ve also famously thought to myself "I can convert during peak alt-season" only to hold those bags longer, which after every cycle gets weaker and weaker relative to BTC.\n\nUntil we see an ETF for #2, or ... Whatever # LTC is nowadays, it really is all about the corn.', '1bibarb'], ['u/btcluvr', 29, '2024-03-19 12:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkabtj/', "tbh i'm impressed at how people whine at 60k bitcoin and feel this is the end of the world.", '1bibarb'], ['u/RustedFromTheRain_', 12, '2024-03-19 12:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkarzp/', 'Welcome to the Hotel Hell. Check-in time is now. Checkout time is never\n\nBut if I had to guess, bottom will be somewhere between $53k - $59k (there are probably going to be a lot of stops/liquidations at $59k)', '1bibarb'], ['u/Cadenca', 20, '2024-03-19 12:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkbv1h/', "that's tomorrow. With that said, I think Powell will surprise everyone by staying relatively dovish despite recent data. He doesn't change his tune on a dime, and we have seen him finally turn softer. He is now in the stage where he talks somewhat dovish while interest rates remain high in hopes that the high interest rates will keep doing work for him while not destroying the economy.", '1bibarb'], ['u/ConsciousFlows', 22, '2024-03-19 12:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkd9xt/', 'When Bitcoin passed 1k and it dropped to $300 felt like the end of the world. Do that 4-5x and you join the diamond hands club.\n\nPaper hands panic and make big mistakes (like I did back then)', '1bibarb'], ['u/xtal_00', 10, '2024-03-19 12:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkdhbq/', 'Ye of little faith ..', '1bibarb'], ['u/dopeboyrico', 12, '2024-03-19 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkezji/', '[MSTR raised $603.75 million, higher than the $525 million expected.](https://x.com/saylor/status/1770058304519024797?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nExpect that to get deployed today and tomorrow. Buy the dip.', '1bibarb'], ['u/JovialApple', 11, '2024-03-19 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkezr8/', 'I could handle the volatility when I had around 10k or under. Been playing with BTC since 2015. Drop\n25% it’s only 2500 down. \n\nAt moment after the ETF run up my holdings peaked at 38K last week (bought in 12k worth near all time low for this cycle) \n\nNow it really hurts, my holdings now 33k, ouch, 5 k down. I know it’s not lost unless I sell but it still hurts. 38k is a whole lot of money to me. \n\nI don’t need the money at the moment but it’s a rough ride. \n\nSimply can’t fathom how people hold long term with several hundred k in holdings. Would lose 100 k at times.', '1bibarb'], ['u/dopeboyrico', 17, '2024-03-19 13:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkfsp5/', 'You go in with the mentality that it’s long-term money to fund retirement and to give you indefinite financial freedom.\n\nWhen you’re broke a few $10k feels like a lot but that’s not enough to give you shelter indefinitely. When you’re middle class a few $100k feels like a lot but that’s not enough to allow you to retire indefinitely. Eyes on the prize; there isn’t another option out there that will get you there anywhere near as quickly, all you need to do is focus and not deviate from the path.', '1bibarb'], ['u/snek-jazz', 14, '2024-03-19 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkg7p0/', "I think some people are just built for it and some people aren't.", '1bibarb'], ['u/RustedFromTheRain_', 23, '2024-03-19 13:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkgoeo/', 'Nope, he already bought ~$67,382 per bitcoin\n\nhttps://twitter.com/saylor/status/1770061111146033385', '1bibarb'], ['u/dopeboyrico', 25, '2024-03-19 13:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkgz9t/', '[MSTR already deployed their newly raised funds. They now have 214,246 BTC, more than 1% of all BTC which will ever exist.](https://x.com/saylor/status/1770061111146033385?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nLooking at PA, there is A LOT of selling going on right now, it’s not just GBTC.', '1bibarb'], ['u/logicalinvestr', 34, '2024-03-19 13:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkh42l/', "Guys, I'm starting to get the feeling that we might not hit 100k today.", '1bibarb'], ['u/xtal_00', 12, '2024-03-19 13:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvki3gs/', 'Eventually you realize that the money is not worth holding.\n\nWhat are you going to do with the gains? Buy a high interest ETF at 5%?\n\nEventually you realize it’s almost impossible to beat Bitcoin and you learn to stomach the volatility.\n\nHodl two cycles and it doesn’t matter.\xa0', '1bibarb'], ['u/caxer30968', 19, '2024-03-19 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvki8g0/', 'If it didn’t matter you wouldn’t be here all day everyday.', '1bibarb'], ['u/DrunkOnWeedASD', 10, '2024-03-19 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkifms/', 'People adapt', '1bibarb'], ['u/delgrey', 13, '2024-03-19 13:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkifvf/', 'So 58k gang gonna get to celebrate again?', '1bibarb'], ['u/delgrey', 10, '2024-03-19 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkkosi/', "Can't help it. \nUSD still rules. No sense pretending it doesn't.", '1bibarb'], ['u/dopeboyrico', 21, '2024-03-19 13:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvklt0b/', 'So far the drop from $73.7k to $62.4k has been a pullback of 15.3%.\n\nA pullback of 20% would be $59k, a pullback of 25% would be $55.3k, and a pullback of 30% would be $51.6k.\n\nLast remaining higher low acting as an area of support is $59.3k before a 20% pullback becomes possible. After that, there’s additional higher lows acting as support at $56.7k and $54.4k before a 25% or 30% pullback becomes possible.\n\nIf spot ETF’s don’t step up and buy the dip aggressively today and/or GBTC has another day of massive outflows, given that there’s not much support remaining below, it could get ugly.\n\nAdditionally, the Fed will be releasing a new Summary of Economic Projections tomorrow. Right now futures are pricing in at least 3 rate cuts by end of year. Potential downward forecast revisions from the Fed could change that. We’ll see how it goes.', '1bibarb'], ['u/Top_Plantain6627', 12, '2024-03-19 14:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkopja/', 'But I will go down with this ship..', '1bibarb'], ['u/Ok_File_9520', 11, '2024-03-19 14:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkq2bh/', 'I think with the reduced volatility over the years, this should be it for the pullback. I am not expecting a 30% pullback. Consolidate here for a few weeks and climb up slowly like it did from 51ks.', '1bibarb'], ['u/Shootinsomebball', 10, '2024-03-19 14:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkqtu5/', 'This market will do what it takes to shake the leverage out. \xa0There’s too much belief that EFTs mean ‘up forever’. \xa0As such people are over leveraging thinking they’ll get a free ride.\xa0\n\nSince when are blackrock and the like going to hand us all lottery wins? \xa0When has that ever happened? \xa0It may take quite a few whips to train people to manage their risk. \xa0Then again gamblers are naturally attracted to this market. And they seem to be pervasive in their masochistic needs\xa0', '1bibarb'], ['u/zephyrmox', 16, '2024-03-19 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkrdco/', "> Since when are blackrock and the like going to hand us all lottery wins? \n\nBlackrock's ideal situation is price go up. They are not trying to suppress prices or anything like that. Blackrock are just the provider of one of the ETFs, they are not 'trying to get your coins cheap' or anything suspicious like that.", '1bibarb'], ['u/Ok_File_9520', 20, '2024-03-19 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkremg/', 'Blackrock is not buying anything. They are just facilitating others who buy.', '1bibarb'], ['u/Cultural_Entrance312', 16, '2024-03-19 14:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkrkr8/', 'Bitcoin has been cooling off. RSI on the hourly is at 34.5 (average 30.74) at time of writing. Current nearby resistance are 64.1, 65.7, 67.4 and 69. 63 is a major support, if it breaks, then next supports are 60.5, 59, and 57.5.\n\n\r \nThe daily is not overbought anymore. RSI is at 49.9 and its average is currently at 69. Same resistances/supports as I mention in the hourly. Bitcoin has retraced in the rising channel that started Feb 7th and bounced off of the rising support line at 63. I have added the estimated halving date to show how close we are. \n\n\r \nOn the weekly, Bitcoin is still well outside of the rising resistance channel from when we bottomed out in 2022. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 75. (75.9 average). I would normally expect a larger cool off and retrace, but the ETF inflows seem to be limiting this on this timeframe. Main resistances were noted above. About 4 weeks till halving. \r \n\n\nBitcoin closed it’s 6th monthly green candle in February and became overbought with a closing RSI at 72.9. Current RSI is 76.8. With the way inflows are coming into the ETFs, I am beginning to suspect the monthly RSI might stay overbought longer than it ever has in it’s history. 6 green candles in a row has never happened before a halving. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. I only found one other time in BTC’s history where there was a 7th green candle in a row and this was the 1st year of BTC when its value was below $0.01. This time the pre-halving PA is different from past pre-halving PA. BTC is well above the rising support line.\n\n\r \nGood luck to all traders and DCAers. \n\n\r \n1-hour: [https://www.tradingview.com/x/x5GVCJLV/](https://www.tradingview.com/x/x5GVCJLV/)\n\n\r \nDaily: [https://www.tradingview.com/x/jkTlL54D/](https://www.tradingview.com/x/jkTlL54D/)\n\n\r \nWeekly: [https://www.tradingview.com/x/m23TW7nU/](https://www.tradingview.com/x/m23TW7nU/)\n\n\r \nMonthly: [https://www.tradingview.com/x/qLdAQxS5/](https://www.tradingview.com/x/qLdAQxS5/)', '1bibarb'], ['u/viralhysteria', 42, '2024-03-19 14:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvksoa2/', 'thank you for making a top call after price has already declined 15%', '1bibarb'], ['u/Kangaroo_Low', 10, '2024-03-19 14:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvktt3r/', 'Black rock wants AUM so their % take is higher, so OFC they want people to buy', '1bibarb'], ['u/dopeboyrico', 10, '2024-03-19 15:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkv9la/', '[AUM held in new spot ETF’s is now at $31.2581 billion through day 46 or ~466.98k BTC.](https://x.com/bitmexresearch/status/1770004721371062491?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $12.4416 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $679.52 million with average inflows of $531.39 million or ~10.15k BTC. Yesterday average daily AUM was at $710.22 million with average inflows of $532.33 million or ~10.44k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 27.9%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.279.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $31.2581 billion is 0.184% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 251 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 71.2% of that amount of BTC over the span of 46 trading days.', '1bibarb'], ['u/Whole-Emergency9251', 11, '2024-03-19 15:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkw4yz/', 'It’s obvious now that two things need to occur for the next leg up. 1. Consolidation after halving 2. GBTC needs to liquidate most of their coins, at this pace it looks like another 2 months. Till then we’ll be in the high 50’s and 60’s.', '1bibarb'], ['u/Pigmentia', 11, '2024-03-19 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkxqa5/', "The next meme to surface is:\n\nThe halving has been overhyped and will have less of an effect than everyone thinks.\n\nFrankly, it's true. So there's your doomium for the next few weeks as we flounder for a while.\n\nWelcome to the show, noobs.", '1bibarb'], ['u/konote', 21, '2024-03-19 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvkyu8i/', 'A pullback for not even 7 days after 5-6 months of relentless up and the community is floundering to say “local top” when we are literally around previous ATH. \n\nThis is not even a real pullback of 30%.', '1bibarb'], ['u/Shibenaut', 15, '2024-03-19 15:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl1i2k/', 'Never been so comfortable buying at these prices.\n\nZoom out to the 1W charts. These red candles barely register as a dump. Just oscillations in an upward trend', '1bibarb'], ['u/demodoggy', 10, '2024-03-19 15:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl1zsd/', "What is this, a dip for Godzilla? ;)\n\nI'm buying here.", '1bibarb'], ['u/drunkdoor', 13, '2024-03-19 15:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl435r/', "My quite large 62.8 that i completely forgot about was filled overnight and i feel terrible about it. LOL. It's a neat little self-reflection period about how emotions can change so quickly", '1bibarb'], ['u/Odd_Occasion_563', 11, '2024-03-19 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl6c1s/', 'Ya, it really can swing back and forth. I bet a bunch of people who had buys fill at 39k post etf were initially like “fuck, I bought on the way down, we are heading to 25” and then a month later fucking ecstatic that they got the magic entry point.', '1bibarb'], ['u/mrlegday', 34, '2024-03-19 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bibarb/daily_discussion_tuesday_march_19_2024/kvl70jk/', "Fresh from ZH:\n\n[And sure enough, overnight we saw Japan's Government Pension Investment Fund (GPIF),](https://bitcoinmagazine.com/business/japans-government-pension-investment-fund-bitcoin)\xa0the world's largest pension fund managing over $1.5 trilli... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "The United States Securities and Exchange Commission (SEC) has decided to delay its ruling on the proposed spot Ether exchange-traded funds (ETFs) by Hashdex and ARK 21Shares. The SEC'sannouncement, which came on March 19, revealed that the final decision for both Ether ETF applications will be made in late May.\nMarket analysts are expressing doubt about the approval prospects for the eight Ether ETFs currently under consideration. Notably, analysts such as James Seyffart, an ETF analyst at Bloomberg, have become increasingly skeptical due to the lack of communication between the SEC and the issuers. Seyffartadmitteda shift in his outlook and now believes that the ETFs will likely be denied on May 23.\nEric Balchunas, another ETF analyst at Bloomberg, has also revised his Ether ETF approval odds from 50% to 35%. Balchunas noted that the SEC's handling of the Ether ETFs contrasts sharply with its approach to Bitcoin ETFs, as the agency has remained largely silent throughout the process.\nWhile the ETF approval hangs in the balance, Grayscale, the asset management firm, has joined the ranks of issuers considering the inclusion of staking in its spot Ether ETF application. In astatementsent to Grayscale Ethereum Trust investors, the company outlined several proposals, including the option to stake Ether held by the trust. This move aims to counter inflationary pressures resulting from Ethereum's proof-of-stake protocol and align with other investment products offering similar staking opportunities. The proposals will be subject to a vote, requiring consent from over 50% of shares.", '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Negative BTC ETF inflows (careful, data is T+1). #4 Solana shitcoin mania (it went too far),”Kruger said on X.\nEther {{ETH}}, the second-largest cryptocurrency by market value, peaked at around $4,000 following last week’sDencun upgradeand has since declined to $3,130. One reason for the slide has been thedwindling probabilityof the U.S. SEC greenlighting an ether spot ETF by May.\nBesides, the crypto market looked overheated early this month, with long traders paying annualized funding of over 100% to keep their bullish perpetual futures bets open. Such a one-sided buildup of leverage on the bullish side often presages price corrections.\nInvestors will now closely watch Wednesday’s Federal Reserve rate decision, which Chairman Jerome Powell’s press conference will follow.\n“This upcoming week, we will have the Fed rate decision followed by Powell’s press conference. This will give us more insight into whether the Fed is still seeing rate cuts on the horizon this year. The strong economy and higher than anticipated inflation continue to be reasons for the Fed to remain hawkish without much push-back," Greg Magadini, director of derivatives at Amberdata, said.\nBoth the dollar index and the U.S. Treasury yields have recently moved higher on the back of sticky consumer price and producer price indices, denting the appeal of risk assets, including emerging technologies like cryptocurrencies.', '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Negative BTC ETF inflows (careful, data is T+1). #4 Solana shitcoin mania (it went too far),”Kruger said on X.\nEther {{ETH}}, the second-largest cryptocurrency by market value, peaked at around $4,000 following last week’sDencun upgradeand has since declined to $3,130. One reason for the slide has been thedwindling probabilityof the U.S. SEC greenlighting an ether spot ETF by May.\nBesides, the crypto market looked overheated early this month, with long traders paying annualized funding of over 100% to keep their bullish perpetual futures bets open. Such a one-sided buildup of leverage on the bullish side often presages price corrections.\nInvestors will now closely watch Wednesday’s Federal Reserve rate decision, which Chairman Jerome Powell’s press conference will follow.\n“This upcoming week, we will have the Fed rate decision followed by Powell’s press conference. This will give us more insight into whether the Fed is still seeing rate cuts on the horizon this year. The strong economy and higher than anticipated inflation continue to be reasons for the Fed to remain hawkish without much push-back," Greg Magadini, director of derivatives at Amberdata, said.\nBoth the dollar index and the U.S. Treasury yields have recently moved higher on the back of sticky consumer price and producer price indices, denting the appeal of risk assets, including emerging technologies like cryptocurrencies.', "SINGAPORE,March 20, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 20, 2024.\nMerlin Chain Now Supported on OKX DEX Aggregator, Expanding Trading OptionsOKXDEX, a multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, has added support forMerlin Chain. This integration enables users to trade assets and perform cross-chain transactions on the Merlin Chain through OKX DEX.OKX also recently announced that it is thefirst major industry playerto fully integrateUniswap Labs' trading APIs into its offerings. The integration includes the launch of the 'Snap' trading mode feature onOKX DEX to aggregate Uniswap's industry-leading liquidity, enabling users to swap tokens onEthereumquickly and intuitively without incurring any gas fees.Merlin Chain is a leading Layer 2 network in theBitcoinecosystem that has implemented ZK-Rollup and has been utilizing fair launches and community-driven native innovations. OnFebruary 22, OKX announced that its Web3 Wallet has integrated with Merlin Chain, enabling users to access its advanced blockchain ecosystem via web extension.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-merlin-chain-now-supported-on-okx-dex-aggregator-expanding-trading-options-302094216.html\nSOURCE OKX", 'SINGAPOREandNEW YORK,March 20, 2024/PRNewswire/ -- UP\xa0Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year endedDecember 31, 2023. In the fourth quarter, the Company achieved a revenue ofUS$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year toUS$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in anon-cashforeign exchange loss of overUS$7 million, the non-GAAP net income for the quarter amounted toUS$1.1 million. For the entire year, the non-GAAP net income totaledUS$42.7 million, which is 3.4 times that of 2022.\nDuring the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company\'s total trading volume reached$81.8 billionduring the period. With a strong brand presence inSoutheast Asiaand an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted toUS$8.2 billionduring the quarter, maintaining robust momentum. This drove a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reachingUS$30.6 billion. The retention rate of funded clients remained consistently high at 98%.\nOver 75% of Total Client Assets Came from Clients in Markets such asSingaporeand the US\nSingapore Accounts for the Highest Proportion of Total Funded Clients\nMr. Wu Tianhua, Founder and CEO of UP Fintech, commented, "Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland andHong Kong, including regions such asSingapore,Australia,New Zealand, and the US.Singapore\'srole as our group\'s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients fromSingaporehas consistently been the highest. Currently,Singaporeclients represent the largest share of our group\'s total funded clients, with over half of our monthly trading clients hailing from theSingaporemarket, making it the most active region among all markets. "\n"In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share inSingapore,Australia,New Zealand, andHong Kongto emerge as a world-leading fintech brokerage. On the brokerage front, we\'ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong\'s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency."\nSingapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ\nHong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023\'s First Three Quarters Combined\nIn 2023, UP Fintech\'s global presence grew steadily. Benefiting from the extensive reputation built in theSingaporemarket, new funded client inSingaporeand surrounding areas surged by 70.2% quarter-on-quarter. InSingapore, the average net asset inflow per new funded client reached overUS$16,000during the period, marking a historic high. Tiger Trade remains a top choice forSingaporeresidents, with approximately one in three using the platform. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of localSingaporestocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the "Best Retail Broker" award by the Singapore Securities Investors Association.\nIn addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities inSingapore. Addressing the industry\'s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. "Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector." said Wu Tianhua.\nIn theHong Kongmarket, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature inHong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on theShanghaiandShenzhenstock exchanges. Additionally, the Company launched the "Fixed Income" section, offering selected bond funds to assistHong Kongclients in positioning themselves early for potential interest rate cuts. ByDecember 2023, trading orders from the Company\'sHong Kongusers had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company\'s product and service strength, evident from awards such as the "Top Two Futures Brokers" from SGX and the "Innovative Broker" and "Broker Program Key Partner" awards from the CME.\nInAustralia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. InNew Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store.\nWealth management AUM grew by over 400% YoY\nFCN introduced to meet professional investor needs\nIn the fourth quarter, commission income reachedUS$22 millionand interest-related income climbed toUS$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company\'s commission income totaledUS$92.6 million. Interest-related income amounted toUS$161.5 million, with a year-over-year growth of approximately 73.5%.\nDuring this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter.\n"Trade Feed," formerly known as "Trading Sparks," has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers\' trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.\nThe wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business\'s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.\nDuring the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to$1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped "Wealth" center now offering comprehensive displays of the company\'s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger\'s wealth management services. Tiger Vault has also become a popular choice for managing idle funds amongHong Kongclients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.\nOver 500 ESOP clients served\nLeading underwriting business with 150+ HK and U.S. IPOs\nDuring the reporting period, UP Fintech\'s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted toUS$4.9 million. In 2023, other revenues wereUS$18.4 millionin total.\nIn the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity*. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings inHong Kongand the US, leading the industry in both quantity and recognition.\nOn the ESOP front, the Company\'s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a "consulting + SaaS" service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares,Hong Kongshares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.\nIn the enterprise account segment, the company\'s total number of clients has increased to 420, with over 15% of clients having a market value exceedingHK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.\n[{"Based on the 2023 Singapore resident population": "*Data as of 2/22/2024, sourced from app.diandian."}, {"Based on the 2023 Singapore resident population": "**Data derived from publicly available and trackable projects."}]\nAbout UP\xa0Fintech\nUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage firm with a focus on redefining global investing with technologies for the next generation.\nFounded in 2014, the Company relentlessly offers a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.\nUP Fintech strives to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds in tech, we develop our own technology infrastructure — an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.\nInMarch 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 10 million users and more than 2 million account holders worldwide on our flagship platform "Tiger Trade", own 77 licenses and qualifications in different markets, and have over 1,000 employees on the team inSingapore,New Zealand, the US, Hong Kong SAR,Australia, and Mainland China.\nFor more information about UP Fintech as a Company, please visititigerup.com.\nFor media inquiries, please [email protected]\nSafe Harbor Statement\nThis announcement contains forward−looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as "may," "might," "aim," "likely to," "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company\'s strategic and operational plans, and expectations regarding growth, expansion of its business lines and customer acquisition, and the Company\'s plans for future financing of its business, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company\'s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company\'s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company\'s revenues and certain cost or expense accounting policies; and governmental policies and regulations affecting the Company\'s industry and general economic conditions inChina,Singaporeand other countries. Further information regarding these and other risks is included in the Company\'s filings with the SEC, including the Company\'s annual report on Form 20-F filed with the SEC onApril 26, 2023. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company\'s filings with the SEC.\nView original content:https://www.prnewswire.com/news-releases/up-fintech-client-assets-hit-record-high-over-75-from-clients-in-markets-such-as-sg-2023-net-income-surged-by-237-302094234.html\nSOURCE UP Fintech Holding Limited', 'Many of the market\'s top cryptocurrencies surged over the past 12 months.Bitcoin\'s(CRYPTO: BTC)price rose more than 180% as the first spot price exchange-traded funds (ETFs) were approved and investors looked toward the next "halving" which will cut the rewards for Bitcoin mining in half this April.Ethereum\'s(CRYPTO: ETH)price has also jumped nearly 130% as the Ethereum Network\'s big Dencun upgrade and hopes for fresh ETF approvals brought back the bulls.\nExpectations for stable or lower interest rates also drove more investors back toward cryptocurrencies. That shift mightherald the endof the "crypto winter" that started in 2022, but cryptocurrencies are still riskier than most tech stocks -- since they\'re only trading on supply and demand instead of the growth of an underlying business.\nSo if you\'re looking for growth but can\'t stomach the crypto market\'s wild swings, you can buy some high-growth tech stocks, which might still have more upside potential than the top cryptocurrencies. I believeNvidia(NASDAQ: NVDA),Super Micro Computer(NASDAQ: SMCI), andASML(NASDAQ: ASML)check all the right boxes. Let\'s find out a bit more about these three tech stocks with so much potential.\nNvidia became the world\'s third-most-valuable company in early March. Its market cap hit $2.2 trillion as the explosive growth of the artificial intelligence (AI) market drove more companies to purchase its data center GPUs to process their AI tasks.\nNvidia generated 78% of its revenue from its data center GPUs in fiscal 2024 (which ended this January), which greatly reduced its dependence on gaming and professional visualization GPUs for the PC market. The expansion of that business was driven by the soaring popularity of generative AI platforms like OpenAI\'s ChatGPT.\nNvidia\'s revenue and adjusted earnings per share (EPS) soared 126% and 288%, respectively, in fiscal 2024 as the AI market grew. Analysts expect its revenue and adjusted EPS to soar another 81% and 89%, respectively, in fiscal 2025. Based on those bullish expectations, Nvidia\'s stock doesn\'t seem expensive at 36 times forward earnings.\nSupermicro (as the company is better known) produces high-performance servers for data centers. It controls a smaller slice of the enterprise server market thanHewlett Packard EnterpriseandDell, but its close relationship with Nvidia grants it access to the chipmaker\'s top-tier data center GPUs before its larger competitors.\nThe partnership enabled Supermicro to carve out a niche in the rapidly growing market for dedicated AI servers. That\'s why its revenue and adjusted EPS rose 37% and 109%, respectively, in fiscal 2023 (which ended last June). Analysts expect its revenue and adjusted EPS to rise another 104% and 86%, respectively, in fiscal 2024.\nThose are astounding growth rates for a stock that trades at 34 times forward earnings. It\'s also been developing AI servers that useAdvanced Micro Devices\' new AI-oriented GPUs -- and that shift should reduce its long-term dependence on Nvidia.\nASML is the world\'s largest producer of lithography systems for optically etching circuit patterns onto silicon wafers. It\'s also the only manufacturer of extreme ultraviolet (EUV) lithography systems -- which leading foundries likeTaiwan Semiconductor Manufacturinguse to manufacture their smallest, densest, and most power-efficient chips.\nLike many other chipmakers, Nvidia outsources its manufacturing to TSMC -- but TSMC can\'t produce those high-end chips without ASML\'s machines. That\'s why ASML is an indispensable linchpin of the global semiconductor industry. That reputation, along with its lack of meaningful competitors, gives it unmatched pricing power.\nASML\'s revenue and EPS rose 30% and 41%, respectively, in 2023. But in 2024, analysts expect its revenue to rise less than 1% as its EPS dips 4%. That slowdown will be caused by tighter export curbs on its shipments to Chinese chipmakers and the excess inventory of chips in the PC and smartphone markets. However, it expects its growth to accelerate again in 2025 as it overcomes those challenges -- so I believe its stock deserves its higher valuation at 43 times forward earnings.\nShould you invest $1,000 in Nvidia right now?\nBefore you buy stock in Nvidia, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 18, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, Bitcoin, Ethereum, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has adisclosure policy.\n3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'In 2023,Bitcoin(CRYPTO: BTC)mining stocks were some of the best investments that you could make. Fueled by a skyrocketing price for the cryptocurrency, the largest miners -- such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA)-- recorded triple-digit percentage gains. The higher Bitcoin\'s price went, the more money these miners made, and the more attractive they became as investments.\nSo, with the crypto rallying yet again this year, areBitcoin mining stocksstill a buy? To answer that question, it\'s important to take into account two huge catalysts that did not exist last year: the launch of the new spot Bitcoin exchange-traded funds (ETFs), and the Bitcoin halving event in April. Let\'s look at both.\nIn the first two months of 2024, the launch of the new spot Bitcoin ETFs added fuel to the Bitcoin rally, making every company in the crypto\'s ecosystem more attractive. If the price of the digital coin is booming, then it makes sense to load up on companies that are highly leveraged to that price.\nThat logic largely explains why mining stocks performed so well during February. For the month, Riot Platforms rose 30%, Marathon Digital was up 46%, andCleanSpark(NASDAQ: CLSK)was up 108%. According to the investment firm Bernstein, mining stocks are still the single best way to play the crypto rally.\nBut is this momentum really sustainable for the rest of the year? Last year, investors didn\'t have the spot Bitcoin ETFs, and thus they did not have a direct way to invest without dipping their toes into the crypto market.\nSo instead, they found proxy stocks -- companies that mirror the price of Bitcoin due to its importance in their core business model. They absolutely loved the idea of investing in Bitcoin miners, which make money literally by creating new bitcoins.\nFrom my perspective, this proxy-stock effect is going to wear off in 2024, as more and more investors deploy their money into the spot Bitcoin ETFs instead. This is what we are already starting to see. After a strong February, the past 30 days have been absolutely disastrous. In that time period, Riot Platforms is down about 30%, Marathon Digital is down 25% and CleanSpark has fallen 8%.\nAs long as the ETFs continue to set a torrid pace in terms of new investor inflows, that\'s bad news for Bitcoin proxy stocks.\nThe other big catalyst is the halving event, now scheduled on or about April 20. The rewards paid out to miners for adding a new block to the Bitcoin blockchain will be slashed in half.\nThat\'s obviously bad news for miners, which make nearly all of their money from mining and selling new bitcoins. Unless Bitcoin\'s price doubles, then they stand to either have lower profit or lose money this year. The supply reduction is controlled by the crypto\'s algorithm, and there\'s nothing the miners can do about it.\nFor that reason, there is growing concern that there will be a wrenching shakeout in the mining industry, where only the strong will survive. There are enormous fixed costs in running mining operations, so the emphasis will be on finding the leanest, most efficient miners that can squeeze the most performance out of their Bitcoin mining rigs.\nOne miner that seems to have the best chance of emerging unscathed from the halving is Riot Platforms, which is known for running a lean ship and carrying no debt on its balance sheet.\nAnd don\'t forget about CleanSpark, a much smaller mining operation that focuses on using clean energy to mine Bitcoin. For the year, CleanSpark is up more than 50%. During that fabulous February, whenall Bitcoin mining stocks were up, CleanSpark was up an impressive 108%.\nAs a result, CleanSpark is one of the companies recommended by Bernstein as part of its "buy Bitcoin mining stocks" strategy for 2024.\nWhile I can understand the temptation to double-down on the most successful mining stocks, the halving is a particularly precarious time for miners. It directly affects how much money they can make. So, even if you\'re investing in the leanest, meanest mining operation with the cleanest energy possible, you\'re still facing enormous headwinds for the rest of 2024.\nFor that reason, I can\'t recommend mining stocks at this time. The new Bitcoin ETFs have made these stocks much less attractive as a proxy play. And next month\'s halving is almost certain to lead to a shakeout of the top players, with uncertain consequences for even the best-run mining companies.\nShould you invest $1,000 in Riot Platforms right now?\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 18, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nAhead of the Bitcoin Halving, Are Bitcoin Mining Stocks a Buy?was originally published by The Motley Fool', 'In 2023,Bitcoin(CRYPTO: BTC)mining stocks were some of the best investments that you could make. Fueled by a skyrocketing price for the cryptocurrency, the largest miners -- such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA)-- recorded triple-digit percentage gains. The higher Bitcoin\'s price went, the more money these miners made, and the more attractive they became as investments.\nSo, with the crypto rallying yet again this year, areBitcoin mining stocksstill a buy? To answer that question, it\'s important to take into account two huge catalysts that did not exist last year: the launch of the new spot Bitcoin exchange-traded funds (ETFs), and the Bitcoin halving event in April. Let\'s look at both.\nIn the first two months of 2024, the launch of the new spot Bitcoin ETFs added fuel to the Bitcoin rally, making every company in the crypto\'s ecosystem more attractive. If the price of the digital coin is booming, then it makes sense to load up on companies that are highly leveraged to that price.\nThat logic largely explains why mining stocks performed so well during February. For the month, Riot Platforms rose 30%, Marathon Digital was up 46%, andCleanSpark(NASDAQ: CLSK)was up 108%. According to the investment firm Bernstein, mining stocks are still the single best way to play the crypto rally.\nBut is this momentum really sustainable for the rest of the year? Last year, investors didn\'t have the spot Bitcoin ETFs, and thus they did not have a direct way to invest without dipping their toes into the crypto market.\nSo instead, they found proxy stocks -- companies that mirror the price of Bitcoin due to its importance in their core business model. They absolutely loved the idea of investing in Bitcoin miners, which make money literally by creating new bitcoins.\nFrom my perspective, this proxy-stock effect is going to wear off in 2024, as more and more investors deploy their money into the spot Bitcoin ETFs instead. This is what we are already starting to see. After a strong February, the past 30 days have been absolutely disastrous. In that time period, Riot Platforms is down about 30%, Marathon Digital is down 25% and CleanSpark has fallen 8%.\nAs long as the ETFs continue to set a torrid pace in terms of new investor inflows, that\'s bad news for Bitcoin proxy stocks.\nThe other big catalyst is the halving event, now scheduled on or about April 20. The rewards paid out to miners for adding a new block to the Bitcoin blockchain will be slashed in half.\nThat\'s obviously bad news for miners, which make nearly all of their money from mining and selling new bitcoins. Unless Bitcoin\'s price doubles, then they stand to either have lower profit or lose money this year. The supply reduction is controlled by the crypto\'s algorithm, and there\'s nothing the miners can do about it.\nFor that reason, there is growing concern that there will be a wrenching shakeout in the mining industry, where only the strong will survive. There are enormous fixed costs in running mining operations, so the emphasis will be on finding the leanest, most efficient miners that can squeeze the most performance out of their Bitcoin mining rigs.\nOne miner that seems to have the best chance of emerging unscathed from the halving is Riot Platforms, which is known for running a lean ship and carrying no debt on its balance sheet.\nAnd don\'t forget about CleanSpark, a much smaller mining operation that focuses on using clean energy to mine Bitcoin. For the year, CleanSpark is up more than 50%. During that fabulous February, whenall Bitcoin mining stocks were up, CleanSpark was up an impressive 108%.\nAs a result, CleanSpark is one of the companies recommended by Bernstein as part of its "buy Bitcoin mining stocks" strategy for 2024.\nWhile I can understand the temptation to double-down on the most successful mining stocks, the halving is a particularly precari Last 60 Days of Bitcoin's Closing Prices:* [41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-20 Financial & Commodity Data: - Gold Closing Price: $2157.90 - Crude Oil Closing Price: $81.68 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,251,673,324,062 - Hash Rate: 621787936.4644464 - Transaction Count: 361515.0 - Unique Addresses: 639266.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WhileBitcoin(CRYPTO: BTC)started the crypto movement, the arrival ofEthereum(CRYPTO: ETH)altered the trajectory of the asset class forever. As the first programmable blockchain, Ethereum'ssmart contractsmeant developers could build applications like decentralized exchanges, non-fungible tokens (NFTs), stablecoins, and much more. Collectively grouped as decentralized finance (DeFi), Ethereum's novel functionality helped it grow by more than 80,000% from 2016 to 2017 and set the stage for the next chapter in crypto's evolution. But now things are coming full circle. While Bitcoin doesn't inherently possess the infrastructure to support true smart contract capabilities, advances in technology are giving the original cryptocurrency a chance at DeFi. If you missed out on Ethereum's rise, you won't want to miss out on this Bitcoin-centric blockchain leading the new era of finance --Stacks(CRYPTO: STX). Known as a Layer 2 blockchain, Stacks has a symbiotic relationship with Bitcoin. It uses a proof of transfer consensus mechanism which is powered by Bitcoin miners. These miners form the foundation of Stacks's intricate and deep-rooted relationship with Bitcoin. Stacks's Bitcoin-interdependence is deserving of its own analysis. It can be a little complex and might be best saved for another day. Of more importance, though, is the true power Stacks brings to the table -- smart contracts. With Stacks, developers can build decentralized applications just like on Ethereum, but because of the layered configuration, transactions reach finality on Bitcoin. Due to this relationship, the security of Stacks essentially becomes backed by Bitcoin's unparalleled security. Not to mention, Stacks also provides faster speeds and lower fees, two known pinch points of Bitcoin. As it currently stands, Stacks provides a new way to leverage Bitcoin, but it doesn't do so in true Bitcoin fashion. Today, users still pay for transactions with the STX token and don't have the ability to natively use Bitcoin in DeFi. However, this is on the verge of changing. In summer 2024, Stacks plans to launch sBTC, a two-way pegged token that unlocks Bitcoin's true DeFi capabilities. With sBTC, Bitcoin holders will be able to exchange their BTC for sBTC, and then use that sBTC to participate in the DeFi economy. Furthermore, since sBTC tracks Bitcoin's price, users can redeem the token for their original BTC holdings without any price slippage. Unlike existing Bitcoin-equivalent tokens, the sBTC conversion process is conducted in a decentralized fashion through the use of smart contracts and multisig wallets, which have a higher level of security. By effectively minimizing counterparty risk, not only does Stacks give Bitcoin a much needed DeFi makeover, but it does so without making any compromises to itsdecentralization and security. To quantify just how momentous all this is, take a look atWrapped BTC(CRYPTO: WBTC), a token that tracks Bitcoin's price but that is hosted on Ethereum. By exchanging Bitcoin holdings for Wrapped Bitcoin, users can engage in the various DeFi protocols that Ethereum is so popular for and then later redeem their original Bitcoin. This process is very similar to what sBTC will accomplish, but with two major differences. First, Wrapped Bitcoin introduces counterparty risk, as it relies on a centralized intermediary to facilitate conversions. Second, the token operates on Ethereum and therefore has no synchronicity with Bitcoin's blockchain. Even with these lapses in functionality, there is considerable demand among investors to use the Bitcoin equivalent in the DeFi economy. Look no further than Wrapped BTC's market cap as evidence. Worth more than $6 billion, Wrapped BTC is the 17th most valuable cryptocurrency on the market today. If Stacks were to replace Wrapped BTC's role, it could see its $2 billion market cap rise more than three-fold. Comparing Stacks to Wrapped Bitcoin is likely underselling Stacks's potential. Bitcoin is the most prominent cryptocurrency, and interest in using it for more than just sending or storing value is growing. Take the surge of Ordinals, for example. This innovative solution was launched in early 2023 and essentially allowed for the creation of Bitcoin-based NFTs. In 2023 alone, 1.6 million Ordinals were bought, generating more than $1.8 billion in total sales. Quantifying Stacks's true potential can be difficult. But famed venture capitalist, billionaire, and crypto enthusiast Tim Draper might have summed it up best in a December 2023 interview. In his appearance on CoinBureau, Draper compared Bitcoin toMicrosoft, the foundational operating system of a computer, and Stacks as the development layer, where popular applications like Word, PowerPoint, and Excel can be built and used. Projecting just how high Stacks could go is inherently speculative, but if just a fraction of Bitcoin's roughly $850 billion market cap made its way to Stacks, a scenario reminiscent of Ethereum's early and explosive days could form. Bitcoin's DeFi era is only in its beginning stages, and Stacks is perfectly positioned to benefit. Should you invest $1,000 in Stacks right now? Before you buy stock in Stacks, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Stacks wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of January 29, 2024 RJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool has adisclosure policy. Missed Out On Ethereum? Buy This Crypto Nowwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks surged on Wednesday as the Fed affirmed its outlook for three rate cuts later this year.\n• Major indexes rose, with the S&P 500 surpassing 5,200 for the first time ever.\n• Investors are ramping up bets that the Fed could issue its first rate cut by June.\nUS stocks surged on Wednesday, with the S&P 500 notching a fresh record as investors took in the Federal Reserve\'s latest policy guidance on rate cuts to come this year.\nThe S&P 500 closed above 5,200 for the first time and the Dow Jones Industrial Average soared almost 400 points to notch a new all-time high. The Nasdaq Composite ended more than 1% higher.\nFed officials kept interest rates steady at 5.25%-5.5%, as markets had been broadly anticipating.\nOfficials also reiterated guidance via the dot plot that three 25 basis-point rate cuts could come later in 2024, assuming inflation continues its downward path.\n"We are strongly committed to returning inflation to our 2% objective," Fed Chair Jerome Powell said in prepared remarks Wednesday afternoon. "As labor market tightness has eased and progress on inflation has continued, the risk to achieving our employment and inflation goals are coming into better balance," he later added.\nInvestorsramped up their betsfollowing the meeting that the Fed could issue the first rate cut by mid-year. Markets are now pricing in a 73% chance the Fed could cut rates at least once by the end of June, according to theCME FedWatch tool.\n"The FOMC has stuck to its view that the underlying inflation picture is improving, notwithstanding the disappointing numbers in the past two months," Ian Shepherdson, the chief economist of Pantheon Macroeconomics, said in a note on Wednesday. "We are encouraged by policymakers\' decision to stick with three rate cuts this year and to forecast a markedly slower run rate in core inflation across the remainder of the year."\n"The immediate market reaction is the relief we were expecting," Bryce Doty, the vice president of Sit Investments Associates, added in a note. "It\'s good to see the Fed understands it can cut rates while still being tough on inflation given that the real fed fund rate will still be considered very restrictive."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,224.62, up 0.89%\n• Dow Jones Industrial Average: 39,512.13, up 1.03% (+401.37 points)\n• Nasdaq Composite: 16,369.41, up 1.25%\nHere\'s what else happened today:\n• The US has an 85% chance of avoiding a recessionin the next year, according to Goldman Sachs\' chief economist.\n• A sharp rise in immigrationexplains why the labor market is so loose and the housing market is so tight, JPMorgan said.\n• The mortgage rate "lock-in effect" could worsen wealth inequalityand last for years, government researchers say.\n• Redditors say they\'re not interested in Reddit\'s up-to-$748 million IPO.\n• Here arefour possible November election outcomes-- and how they will impact stocks, according to UBS.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dipped 1.95% to $81.84 a barrel.Brent crude, the international benchmark, dropped 1.4% to $86.15 a barrel.\n• Goldtraded about flat at $2,158.66 per ounce.\n• The 10-year Treasury yield fell one basis point to 4.281%.\n• Bitcoinrose 0.59% to $64,331.\nRead the original article onBusiness Insider', "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", 'Blockchain analysts discovered one of BlackRock’swalletsafter a deposit of $100 million inUSD Coin (USDC)on the Ethereum blockchain, coinciding with thefirm\'s filing to offer the BlackRock USD Institutional Digital Liquidity Fundin partnership with asset tokenization firm Securitize.\nThis led to crypto users sending approximately 40 different coins and 25 NFTs to the wallet associated with BlackRock. Notably, the wallet also received 500,000unshETHing_Token (USH)and 10,000Realio Network (RIO)tokens, which hold respective values of $13,400 and $12,300. The asset manager\'s wallet also received significant amounts ofMog Coin (Mog)and notable NFTs like Chungos and KaijuKingz. The wallet now holds at least $40,000 worth of memecoins and non-fungible tokens (NFTs).\nThe BlackRock wallet initially made a $200 USDC deposit on March 5, followed by a $10 test deposit on March 15. Shortly after, a deposit of $99,999,960 was recorded. BlackRock\'s CEO, Larry Fink, has undergone a notable shift in his stance on Bitcoin and the blockchain industry. Previously, he referred to Bitcoin as an "index of money laundering" in 2017. However,Fink recently expressed his belief that the future involves the tokenization of all financial assetson a single general ledger.\nThe BlackRock USD Institutional Digital Liquidity Fund, tickered as "BUIDL," will enable eligible investors to earn U.S. dollar yields by subscribing to the fund through Securitize Markets, LLC.', "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Coinbase Derivatives, a popular cryptocurrency exchange, announced its plans to introduce futures trading forDogecoin,LitecoinandBitcoin Cashon April 1. On March 7, Coinbase submitted three separate letters to the Commodities Futures Trading Commission (CFTC) outlining its proposal for monthly cash-settled futures contracts forDogecoin,Litecoin, andBitcoin Cash.\nThe letters, addressed to CFTC Secretary Christopher Kirkpatrick, provided detailed information regarding the contracts' sizes, settlement methods, and structure. Coinbase intends to utilize the self-certification route under CFTC Regulation 40.2(a) to list these futures contracts, allowing them to proceed without direct approval from the CFTC as long as they comply with the Commodity Exchange Act and CFTC regulations.\nThe classification of these cryptocurrencies as commodities raises intriguing regulatory questions since they all derive from Bitcoin, which the Securities and Exchange Commission (SEC) recognizes as a commodity.\nJames Seyffart, an ETF research analyst at Bloomberg Intelligence, shared on X, suggesting that Coinbase’s selection of these 3 crypto assets for futures trading could be strategic, given that they are derived from Bitcoin, which the SEC already view as a commodity and not a security.", '• The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst.\n• An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000.\nSpeculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top.\nHowever, tracking signs of speculative frenzy in the bitcoin {{BTC}} market requires access to and understanding of sophisticated indicators likeperpetual funding ratesandsocial trends. But there is another surprisingly more straightforward way: tracking the spread or difference between prices for next-month and front-month futures contracts trading on major exchanges like the Chicago Mercantile Exchange and Deribit.\nThe “front-month contract” has an expiration date closest to the current date. The contract expiring in two months is called the next-month contract.\nThe futures term structure is usually upward sloping, as contracts with a more extended expiry time trade at a premium to short-duration ones. That said, when the spread becomes too large, it’s a good indicator of speculative sentiment, according to Griffin Ardern, head of options trading and research at crypto financial platform BloFin.\n“Usually, when the spread between the next months and the front months is large, investors’ speculation sentiment is high, and they are willing to pay higher costs to hold long positions,” Ardern told CoinDesk. “You can find clues into Deribit’s term structure.”\nThe same applies to CME’s standard futures contracts, sized at 5 BTC and considered a proxy for institutional activity.\nThe spread between the CME-listed next- and front-month contracts widened beyond $1,000 in late February 2021 and mid-October 2021, signaling speculative frenzy and presaging bull market peaks by a few weeks. In other words, the wider spread was a sign the bull market was in its final stages.\nWe saw a similar spike above $1,000 early this month, indicating caution to bitcoin bulls. As the saying goes, once is an accident, twice is a coincidence, and three times is a pattern.\nBitcoin changed hands at $$67,290 at press time, up 10% from lows under $61,000 reached Wednesday,according to CoinDesk data. The cryptocurrency hit a record high of $73,798 on March 14.', '• The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst.\n• An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000.\nSpeculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top.\nHowever, tracking signs of speculative frenzy in the bitcoin {{BTC}} market requires access to and understanding of sophisticated indicators likeperpetual funding ratesandsocial trends. But there is another surprisingly more straightforward way: tracking the spread or difference between prices for next-month and front-month futures contracts trading on major exchanges like the Chicago Mercantile Exchange and Deribit.\nThe “front-month contract” has an expiration date closest to the current date. The contract expiring in two months is called the next-month contract.\nThe futures term structure is usually upward sloping, as contracts with a more extended expiry time trade at a premium to short-duration ones. That said, when the spread becomes too large, it’s a good indicator of speculative sentiment, according to Griffin Ardern, head of options trading and research at crypto financial platform BloFin.\n“Usually, when the spread between the next months and the front months is large, investors’ speculation sentiment is high, and they are willing to pay higher costs to hold long positions,” Ardern told CoinDesk. “You can find clues into Deribit’s term structure.”\nThe same applies to CME’s standard futures contracts, sized at 5 BTC and considered a proxy for institutional activity.\nThe spread between the CME-listed next- and front-month contracts widened beyond $1,000 in late February 2021 and mid-October 2021, signaling speculative frenzy and presaging bull market peaks by a few weeks. In other words, the wider spread was a sign the bull market was in its final stages.\nWe saw a similar spike above $1,000 early this month, indicating caution to bitcoin bulls. As the saying goes, once is an accident, twice is a coincidence, and three times is a pattern.\nBitcoin changed hands at $$67,290 at press time, up 10% from lows under $61,000 reached Wednesday,according to CoinDesk data. The cryptocurrency hit a record high of $73,798 on March 14.', 'Bitcoin has rebounded above $67,000 (£524,900) on Thursday morning. The rise comes after US Federal Reservedecision to hold interest ratesat their current levels, as announced in a Federal Open Market Committee(FOMC) statementon Wednesday.\nThe FOMCdecidedto keep the benchmark federal funds rate within the range of 5.25% to 5.50%.\nRead more:Crypto live prices\nThe Federal Reserve chair Jerome Powell said the US central bank expects to make rate cuts "at some point this year." He stressed that inflation has eased substantially but is still too high, and the Fed will need to adjust their monetary policy approach meeting by meeting as it monitors inflation.\nFollowing the FOMC meeting, bitcoin (BTC-USD) increased by over 7% in the past 24 hours, reaching a daily high of $67,700. The uptick follows a downturn in early trading on Wednesday, reaching a low of about $61,500.\nThe world\'s largest digital asset by market cap is still down from reaching an all-time high of above $73,000 one week ago.\nLast Thursday, bitcoin hit record high $73,580, according to CoinGeckodata, its price bolstered by increased inflows from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN), via spot bitcoin exchange-traded funds (ETFs).\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nBitcoin\'s price has gained 30% in the past month alone, a price appreciation that has been driven by record inflows into multiple US-based spot bitcoin ETFs which were approved in January of this year.\nA spot bitcoin ETF is a financial product that many investors see as opening the gateway for mainstream capital to flood thecryptomarket.\nAccording to Oppenheimer Executive Director Owen Lau there are multiple reasons to remain optimism for bitcoin\'s prospects in the long term.\n"Over the long term, we are still optimistic because of a couple reasons. Number one, we still see further adoption for spot bitcoin ETF. We are just still in the early innings. Remember, bitcoin is a global phenomenon. So I think BlackRock listed in US and they just listed IBIT, their spot bitcoin ETF in Brazil. So you can tell many of these asset managers can list this product overseas. You can also buy bitcoin in Asia, in Singapore and also in Europe," Lau toldYahoo Finance.\nRead more:Long-term bitcoin optimism still warranted: Analyst\nTraditional markets also experienced gains following the Federal Reserve\'s statement. The S&P 500 index surged by 1.2% to close at 4,839.8, reaching a new all-time high and surpassing the previous record set in January 2022, while the Nasdaq-100 recorded a gain of 1.3%.\nAdditionally, the US dollar index (DXY), which gauges the dollar\'s strength against other major currencies, decreased by nearly 0.7% from its session peak, indicating heightened investor risk appetite.\nWatch: Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin has rebounded above $67,000 (£524,900) on Thursday morning. The rise comes after US Federal Reservedecision to hold interest ratesat their current levels, as announced in a Federal Open Market Committee(FOMC) statementon Wednesday.\nThe FOMCdecidedto keep the benchmark federal funds rate within the range of 5.25% to 5.50%.\nRead more:Crypto live prices\nThe Federal Reserve chair Jerome Powell said the US central bank expects to make rate cuts "at some point this year." He stressed that inflation has eased substantially but is still too high, and the Fed will need to adjust their monetary policy approach meeting by meeting as it monitors inflation.\nFollowing the FOMC meeting, bitcoin (BTC-USD) increased by over 7% in the past 24 hours, reaching a daily high of $67,700. The uptick follows a downturn in early trading on Wednesday, reaching a low of about $61,500.\nThe world\'s largest digital asset by market cap is still down from reaching an all-time high of above $73,000 one week ago.\nLast Thursday, bitcoin hit record high $73,580, according to CoinGeckodata, its price bolstered by increased inflows from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN), via spot bitcoin exchange-traded funds (ETFs).\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nBitcoin\'s price has gained 30% in the past month alone, a price appreciation that has been driven by record inflows into multiple US-based spot bitcoin ETFs which were approved in January of this year.\nA spot bitcoin ETF is a financial product that many investors see as opening the gateway for mainstream capital to flood thecryptomarket.\nAccording to Oppenheimer Executive Director Owen Lau there are multiple reasons to remain optimism for bitcoin\'s prospects in the long term.\n"Over the long term, we are still optimistic because of a couple reasons. Number one, we still see further adoption for spot bitcoin ETF. We are just still in the early innings. Remember, bitcoin is a global phenomenon. So I think BlackRock listed in US and they just listed IBIT, their spot bitcoin ETF in Brazil. So you can tell many of these asset managers can list this product overseas. You can also buy bitcoin in Asia, in Singapore and also in Europe," Lau toldYahoo Finance.\nRead more:Long-term bitcoin optimism still warranted: Analyst\nTraditional markets also experienced gains following the Federal Reserve\'s statement. The S&P 500 index surged by 1.2% to close at 4,839.8, reaching a new all-time high and surpassing the previous record set in January 2022, while the Nasdaq-100 recorded a gain of 1.3%.\nAdditionally, the US dollar index (DXY), which gauges the dollar\'s strength against other major currencies, decreased by nearly 0.7% from its session peak, indicating heightened investor risk appetite.\nWatch: Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', '• Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows.\n• Wednesday\'s decline was attributed to profit-taking from last week\'s rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend.\n• Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell\'s dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins.\nThe inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows .\nBTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana\'s SOL, Cardano\'s ADA and BNB Chain\'s BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher.\nTokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump.\nOn Wednesday, markets started to slide in early Asian hours amid profit-taking from last week\'s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.\nSentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell\'s FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures.\nSingapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative.\n"Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast.\nDogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1.\nSome tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF).\nCoinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate.\n"Dogecoin\'s enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.', '• Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows.\n• Wednesday\'s decline was attributed to profit-taking from last week\'s rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend.\n• Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell\'s dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins.\nThe inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows .\nBTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana\'s SOL, Cardano\'s ADA and BNB Chain\'s BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher.\nTokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump.\nOn Wednesday, markets started to slide in early Asian hours amid profit-taking from last week\'s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.\nSentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell\'s FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures.\nSingapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative.\n"Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast.\nDogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1.\nSome tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF).\nCoinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate.\n"Dogecoin\'s enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.', 'RAHWAY, N.J., March 21, 2024--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the Phase 3 KEYLYNK-006 trial evaluating KEYTRUDA, Merck’s anti-PD-1 therapy, in combination with maintenance LYNPARZA, a PARP inhibitor, did not meet its dual primary endpoints of overall survival (OS) and progression-free survival (PFS) for the first-line treatment of certain patients with metastatic nonsquamous non-small cell lung cancer (NSCLC).\nIn the KEYLYNK-006 trial, KEYTRUDA in combination with chemotherapy followed by KEYTRUDA plus maintenance LYNPARZA did not meet the study’s pre-specified statistical criteria for OS or PFS compared to KEYTRUDA in combination with chemotherapy (pemetrexed plus carboplatin or cisplatin) followed by KEYTRUDA plus maintenance chemotherapy (pemetrexed). The safety profiles of KEYTRUDA and LYNPARZA in this trial were consistent with those observed in previously reported studies for the individual therapies. A full evaluation of the data from this study is ongoing. Merck will work with investigators to share the results with the scientific community.\n"As lung cancer continues to be the leading cause of cancer death worldwide, we are committed to exploring KEYTRUDA-based combinations and novel candidates that may further help improve patient outcomes," said Dr. Gregory Lubiniecki, vice president, global clinical development, Merck Research Laboratories. "These results are an important reminder of how challenging it may be to treat these patients with metastatic nonsquamous non-small cell lung cancer. We sincerely thank the patients and investigators for their important contributions to this study."\nAbout KEYLYNK-006\nKEYLYNK-006 is a randomized, open-label, two-phase Phase 3 trial (ClinicalTrials.gov,NCT03976323) evaluating KEYTRUDA in combination with chemotherapy (pemetrexed plus carboplatin or cisplatin) followed by either KEYTRUDA plus maintenance LYNPARZA or KEYTRUDA plus maintenance chemotherapy (pemetrexed) for the first-line treatment of patients with metastatic nonsquamous NSCLC with no epidermal growth factor receptor (EGFR), anaplastic lymphoma kinase (ALK) or proto-oncogene tyrosine-protein kinase (ROS1) genomic tumor aberrations. The dual primary endpoints are PFS per Response Evaluation Criteria in Solid Tumors version 1.1 (RECIST v1.1) by blinded independent central review (BICR) and OS. The secondary endpoints include safety and health-related quality of life assessments. The trial enrolled an estimated 1,005 patients in the Induction Phase and randomized 672 patients with a complete or partial response or with stable disease. In the Induction Phase, patients received KEYTRUDA (200 mg intravenously [IV]) in combination with pemetrexed plus investigator’s choice of platinum chemotherapy, consisting of either carboplatin Area Under the Curve (AUC) (5 mg/mL/min IV) or cisplatin (75 mg/m2IV) every three weeks (Q3W) for four cycles. In the Maintenance Phase, patients with a complete or partial response or with stable disease after completing four cycles of induction therapy were randomized to receive either KEYTRUDA (200 mg IV Q3W for up to 31 cycles) plus maintenance LYNPARZA (300 mg orally twice daily) or KEYTRUDA (200 mg IV Q3W for up to 31 cycles) plus maintenance pemetrexed (500 mg/m2IV Q3W) until progressive disease, physician decision or intolerable toxicity.\nAbout lung cancer\nLung cancer is the leading cause of cancer death worldwide. In 2022 alone, there were approximately 2.4 million new cases and 1.8 million deaths from lung cancer globally. Non-small cell lung cancer is the most common type of lung cancer, accounting for about 80% of all cases. In 2024, the overall five-year survival rate for patients diagnosed with lung cancer is 25% in the United States. Improved survival rates are due, in part, to earlier detection and screening, reduction in smoking, advances in diagnostic and surgical procedures, as well as the introduction of new therapies. Early detection and screening remain an important unmet need, as 44% of lung cancer cases are not found until they are advanced.\nAbout Merck’s research in lung cancer\nMerck is advancing research aimed at transforming the way lung cancer is treated, with a goal of improving outcomes for patients affected by this deadly disease. Through nearly 200 clinical trials evaluating more than 36,000 patients around the world, Merck is at the forefront of lung cancer research. In NSCLC, KEYTRUDA has six approved U.S. indications (see indications below) and is approved for advanced disease in more than 95 countries. Among Merck’s research efforts are trials focused on evaluating KEYTRUDA in earlier stages of lung cancer as well as identifying new combinations and coformulations with KEYTRUDA.\nAbout KEYTRUDA®(pembrolizumab) injection, 100 mg\nKEYTRUDA is an anti-programmed death receptor-1 (PD-1) therapy that works by increasing the ability of the body’s immune system to help detect and fight tumor cells. KEYTRUDA is a humanized monoclonal antibody that blocks the interaction between PD-1 and its ligands, PD- L1 and PD-L2, thereby activating T lymphocytes which may affect both tumor cells and healthy cells.\nMerck has the industry’s largest immuno-oncology clinical research program. There are currently more than 1,600 trials studying KEYTRUDA across a wide variety of cancers and treatment settings. The KEYTRUDA clinical program seeks to understand the role of KEYTRUDA across cancers and the factors that may predict a patient\'s likelihood of benefitting from treatment with KEYTRUDA, including exploring several different biomarkers.\nSelected KEYTRUDA®(pembrolizumab) Indications in the U.S.\nNon-Small Cell Lung Cancer\nKEYTRUDA, in combination with pemetrexed and platinum chemotherapy, is indicated for the first-line treatment of patients with metastatic nonsquamous non-small cell lung cancer (NSCLC), with no EGFR or ALK genomic tumor aberrations.\nKEYTRUDA, in combination with carboplatin and either paclitaxel or paclitaxel protein-bound, is indicated for the first-line treatment of patients with metastatic squamous NSCLC.\nKEYTRUDA, as a single agent, is indicated for the first-line treatment of patients with NSCLC expressing PD-L1 [tumor proportion score (TPS) ≥1%] as determined by an FDA-approved test, with no EGFR or ALK genomic tumor aberrations, and is:\n• stage III where patients are not candidates for surgical resection or definitive chemoradiation, or\n• metastatic.\nKEYTRUDA, as a single agent, is indicated for the treatment of patients with metastatic NSCLC whose tumors express PD-L1 (TPS ≥1%) as determined by an FDA-approved test, with disease progression on or after platinum-containing chemotherapy. Patients with EGFR or ALK genomic tumor aberrations should have disease progression on FDA-approved therapy for these aberrations prior to receiving KEYTRUDA.\nKEYTRUDA is indicated for the treatment of patients with resectable (tumors ≥4 cm or node positive) NSCLC in combination with platinum-containing chemotherapy as neoadjuvant treatment, and then continued as a single agent as adjuvant treatment after surgery.\nKEYTRUDA, as a single agent, is indicated as adjuvant treatment following resection and platinum-based chemotherapy for adult patients with stage IB (T2a ≥4 cm), II, or IIIA NSCLC.\nSee additional selected KEYTRUDA indications in the U.S. after the Selected Important Safety Information.\nSelected Important Safety Information for KEYTRUDA\nSevere and Fatal Immune-Mediated Adverse Reactions\nKEYTRUDA is a monoclonal antibody that belongs to a class of drugs that bind to either the PD-1 or the PD-L1, blocking the PD-1/PD-L1 pathway, thereby removing inhibition of the immune response, potentially breaking peripheral tolerance and inducing immune-mediated adverse reactions. Immune-mediated adverse reactions, which may be severe or fatal, can occur in any organ system or tissue, can affect more than one body system simultaneously, and can occur at any time after starting treatment or after discontinuation of treatment. Important immune-mediated adverse reactions listed here may not include all possible severe and fatal immune-mediated adverse reactions.\nMonitor patients closely for symptoms and signs that may be clinical manifestations of underlying immune-mediated adverse reactions. Early identification and management are essential to ensure safe use of anti–PD-1/PD-L1 treatments. Evaluate liver enzymes, creatinine, and thyroid function at baseline and periodically during treatment. For patients with TNBC treated with KEYTRUDA in the neoadjuvant setting, monitor blood cortisol at baseline, prior to surgery, and as clinically indicated. In cases of suspected immune-mediated adverse reactions, initiate appropriate workup to exclude alternative etiologies, including infection. Institute medical management promptly, including specialty consultation as appropriate.\nWithhold or permanently discontinue KEYTRUDA depending on severity of the immune-mediated adverse reaction. In general, if KEYTRUDA requires interruption or discontinuation, administer systemic corticosteroid therapy (1 to 2 mg/kg/day prednisone or equivalent) until improvement to Grade 1 or less. Upon improvement to Grade 1 or less, initiate corticosteroid taper and continue to taper over at least 1 month. Consider administration of other systemic immunosuppressants in patients whose adverse reactions are not controlled with corticosteroid therapy.\nImmune-Mediated Pneumonitis\nKEYTRUDA can cause immune-mediated pneumonitis. The incidence is higher in patients who have received prior thoracic radiation. Immune-mediated pneumonitis occurred in 3.4% (94/2799) of patients receiving KEYTRUDA, including fatal (0.1%), Grade 4 (0.3%), Grade 3 (0.9%), and Grade 2 (1.3%) reactions. Systemic corticosteroids were required in 67% (63/94) of patients. Pneumonitis led to permanent discontinuation of KEYTRUDA in 1.3% (36) and withholding in 0.9% (26) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Pneumonitis resolved in 59% of the 94 patients.\nPneumonitis occurred in 8% (31/389) of adult patients with cHL receiving KEYTRUDA as a single agent, including Grades 3-4 in 2.3% of patients. Patients received high-dose corticosteroids for a median duration of 10 days (range: 2 days to 53 months). Pneumonitis rates were similar in patients with and without prior thoracic radiation. Pneumonitis led to discontinuation of KEYTRUDA in 5.4% (21) of patients. Of the patients who developed pneumonitis, 42% interrupted KEYTRUDA, 68% discontinued KEYTRUDA, and 77% had resolution.\nPneumonitis occurred in 7% (41/580) of adult patients with resected NSCLC who received KEYTRUDA as a single agent for adjuvant treatment of NSCLC, including fatal (0.2%), Grade 4 (0.3%), and Grade 3 (1%) adverse reactions. Patients received high-dose corticosteroids for a median duration of 10 days (range: 1 day to 2.3 months). Pneumonitis led to discontinuation of KEYTRUDA in 26 (4.5%) of patients. Of the patients who developed pneumonitis, 54% interrupted KEYTRUDA, 63% discontinued KEYTRUDA, and 71% had resolution.\nImmune-Mediated Colitis\nKEYTRUDA can cause immune-mediated colitis, which may present with diarrhea. Cytomegalovirus infection/reactivation has been reported in patients with corticosteroid-refractory immune-mediated colitis. In cases of corticosteroid-refractory colitis, consider repeating infectious workup to exclude alternative etiologies. Immune-mediated colitis occurred in 1.7% (48/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (1.1%), and Grade 2 (0.4%) reactions. Systemic corticosteroids were required in 69% (33/48); additional immunosuppressant therapy was required in 4.2% of patients. Colitis led to permanent discontinuation of KEYTRUDA in 0.5% (15) and withholding in 0.5% (13) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Colitis resolved in 85% of the 48 patients.\nHepatotoxicity and Immune-Mediated Hepatitis\nKEYTRUDA as a Single Agent\nKEYTRUDA can cause immune-mediated hepatitis. Immune-mediated hepatitis occurred in 0.7% (19/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.4%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 68% (13/19) of patients; additional immunosuppressant therapy was required in 11% of patients. Hepatitis led to permanent discontinuation of KEYTRUDA in 0.2% (6) and withholding in 0.3% (9) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Hepatitis resolved in 79% of the 19 patients.\nKEYTRUDA WithAxitinib\nKEYTRUDA in combination with axitinib can cause hepatic toxicity. Monitor liver enzymes before initiation of and periodically throughout treatment. Consider monitoring more frequently as compared to when the drugs are administered as single agents. For elevated liver enzymes, interrupt KEYTRUDA and axitinib, and consider administering corticosteroids as needed. With the combination of KEYTRUDA and axitinib, Grades 3 and 4 increased alanine aminotransferase (ALT) (20%) and increased aspartate aminotransferase (AST) (13%) were seen at a higher frequency compared to KEYTRUDA alone. Fifty-nine percent of the patients with increased ALT received systemic corticosteroids. In patients with ALT ≥3 times upper limit of normal (ULN) (Grades 2-4, n=116), ALT resolved to Grades 0-1 in 94%. Among the 92 patients who were rechallenged with either KEYTRUDA (n=3) or axitinib (n=34) administered as a single agent or with both (n=55), recurrence of ALT ≥3 times ULN was observed in 1 patient receiving KEYTRUDA, 16 patients receiving axitinib, and 24 patients receiving both. All patients with a recurrence of ALT ≥3 ULN subsequently recovered from the event.\nImmune-Mediated Endocrinopathies\nAdrenal Insufficiency\nKEYTRUDA can cause primary or secondary adrenal insufficiency. For Grade 2 or higher, initiate symptomatic treatment, including hormone replacement as clinically indicated. Withhold KEYTRUDA depending on severity. Adrenal insufficiency occurred in 0.8% (22/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.3%) reactions. Systemic corticosteroids were required in 77% (17/22) of patients; of these, the majority remained on systemic corticosteroids. Adrenal insufficiency led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.3% (8) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nHypophysitis\nKEYTRUDA can cause immune-mediated hypophysitis. Hypophysitis can present with acute symptoms associated with mass effect such as headache, photophobia, or visual field defects. Hypophysitis can cause hypopituitarism. Initiate hormone replacement as indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Hypophysitis occurred in 0.6% (17/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.2%) reactions. Systemic corticosteroids were required in 94% (16/17) of patients; of these, the majority remained on systemic corticosteroids. Hypophysitis led to permanent discontinuation of KEYTRUDA in 0.1% (4) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nThyroid Disorders\nKEYTRUDA can cause immune-mediated thyroid disorders. Thyroiditis can present with or without endocrinopathy. Hypothyroidism can follow hyperthyroidism. Initiate hormone replacement for hypothyroidism or institute medical management of hyperthyroidism as clinically indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Thyroiditis occurred in 0.6% (16/2799) of patients receiving KEYTRUDA, including Grade 2 (0.3%). None discontinued, but KEYTRUDA was withheld in <0.1% (1) of patients.\nHyperthyroidism occurred in 3.4% (96/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (0.8%). It led to permanent discontinuation of KEYTRUDA in <0.1% (2) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. Hypothyroidism occurred in 8% (237/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (6.2%). It led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.5% (14) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. The majority of patients with hypothyroidism required long-term thyroid hormone replacement. The incidence of new or worsening hypothyroidism was higher in 1185 patients with HNSCC, occurring in 16% of patients receiving KEYTRUDA as a single agent or in combination with platinum and FU, including Grade 3 (0.3%) hypothyroidism. The incidence of new or worsening hypothyroidism was higher in 389 adult patients with cHL (17%) receiving KEYTRUDA as a single agent, including Grade 1 (6.2%) and Grade 2 (10.8%) hypothyroidism. The incidence of new or worsening hyperthyroidism was higher in 580 patients with resected NSCLC, occurring in 11% of patients receiving KEYTRUDA as a single agent as adjuvant treatment, including Grade 3 (0.2%) hyperthyroidism. The incidence of new or worsening hypothyroidism was higher in 580 patients with resected NSCLC, occurring in 22% of patients receiving KEYTRUDA as a single agent as adjuvant treatment (KEYNOTE-091), including Grade 3 (0.3%) hypothyroidism.\nType 1 Diabetes Mellitus (DM), Which Can Present With Diabetic Ketoacidosis\nMonitor patients for hyperglycemia or other signs and symptoms of diabetes. Initiate treatment with insulin as clinically indicated. Withhold KEYTRUDA depending on severity. Type 1 DM occurred in 0.2% (6/2799) of patients receiving KEYTRUDA. It led to permanent discontinuation in <0.1% (1) and withholding of KEYTRUDA in <0.1% (1) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nImmune-Mediated Nephritis With Renal Dysfunction\nKEYTRUDA can cause immune-mediated nephritis. Immune-mediated nephritis occurred in 0.3% (9/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.1%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 89% (8/9) of patients. Nephritis led to permanent discontinuation of KEYTRUDA in 0.1% (3) and withholding in 0.1% (3) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Nephritis resolved in 56% of the 9 patients.\nImmune-Mediated Dermatologic Adverse Reactions\nKEYTRUDA can cause immune-mediated rash or dermatitis. Exfoliative dermatitis, including Stevens-Johnson syndrome, drug rash with eosinophilia and systemic symptoms, and toxic epidermal necrolysis, has occurred with anti–PD-1/PD-L1 treatments. Topical emollients and/or topical corticosteroids may be adequate to treat mild to moderate nonexfoliative rashes. Withhold or permanently discontinue KEYTRUDA depending on severity. Immune-mediated dermatologic adverse reactions occurred in 1.4% (38/2799) of patients receiving KEYTRUDA, including Grade 3 (1%) and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 40% (15/38) of patients. These reactions led to permanent discontinuation in 0.1% (2) and withholding of KEYTRUDA in 0.6% (16) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 6% had recurrence. The reactions resolved in 79% of the 38 patients.\nOther Immune-Mediated Adverse Reactions\nThe following clinically significant immune-mediated adverse reactions occurred at an incidence of <1% (unless otherwise noted) in patients who received KEYTRUDA or were reported with the use of other anti–PD-1/PD-L1 treatments. Severe or fatal cases have been reported for some of these adverse reactions.Cardiac/Vascular:Myocarditis, pericarditis, vasculitis;Nervous System:Meningitis, encephalitis, myelitis and demyelination, myasthenic syndrome/myasthenia gravis (including exacerbation), Guillain-Barré syndrome, nerve paresis, autoimmune neuropathy;Ocular:Uveitis, iritis and other ocular inflammatory toxicities can occur. Some cases can be associated with retinal detachment. Various grades of visual impairment, including blindness, can occur. If uveitis occurs in combination with other immune-mediated adverse reactions, consider a Vogt-Koyanagi-Harada-like syndrome, as this may require treatment with systemic steroids to reduce the risk of permanent vision loss;Gastrointestinal:Pancreatitis, to include increases in serum amylase and lipase levels, gastritis, duodenitis;Musculoskeletal and Connective Tissue:Myositis/polymyositis, rhabdomyolysis (and associated sequelae, including renal failure), arthritis (1.5%), polymyalgia rheumatica;Endocrine:Hypoparathyroidism;Hematologic/Immune:Hemolytic anemia, aplastic anemia, hemophagocytic lymphohistiocytosis, systemic inflammatory response syndrome, histiocytic necrotizing Last 60 Days of Bitcoin's Closing Prices: [41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-21 Financial & Commodity Data: - Gold Closing Price: $2182.40 - Crude Oil Closing Price: $81.07 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,308,068,719,850 - Hash Rate: 500768807.8908293 - Transaction Count: 327642.0 - Unique Addresses: 611408.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Solana has been hot as of late. The project has seen a rebound since late 2022 when FTX collapsed. It is nearing previous highs set in 2021, driven by a variety of interesting projects on the chain. The chain supports protocols ranging from AI projects to novel staking programs. However, perhaps the most popular among all of these projects has been meme coins. Solana was not known for meme coins until recently. Tokens such as Bonk (BONK), dogwifhat (WIF) and MAGA Coin (TRUMP) rose to stardom and have attracted billions in investment. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? However, a new batch of tokens may be taking over, using a new and unique method of token allocation called a presale. BOOK OF MEME (BOME) has overtaken the crypto scene with huge price increases. A presale works when investors send tokens to a wallet address that allocates a certain amount of tokens based on the amount of initial investment. The process is risky from multiple standpoints. Traders have no guarantee that sending money to the wallet will result in eventually receiving tokens. The process could be a scam in which investors send money to a wallet and never get any tokens in exchange. Additionally, the amount of tokens you receive back from the presale could vary from the initial amount. While this could work in your favor, it is a risk. However, these risks did not seem to sway investors at all. According to on-chain dataposted on X, individual investors threw tens of thousands of dollars into the BOME presale. The token was created by the anonymousDarkfarms1, who amassed a huge following on X by posting photos of the Pepe meme and advertising the BOME token. The hype allowed the project to attract around $4 million in presale investment, and the project began trading on March 14, 2024. Within 3 days, the project's initial market cap of $4 million rose to $1.5 billion. The increase of over 37,000% made millionaires along the way. Sundayfunday.sol, a close friend of the creator of BOME, invested 420.49 SOL tokens, worth $72,000 at the time. The investment paid off, reaching a peak of over $30 million in 72 hours, according to blockchain analytics companyLookonchain. According to the post, sundayfunday.sol sold around $3.66 million BOME, leaving over $26 million. The wallet then used some of those holdings to buy a handful of other Solana meme coins.As it stands right now, the wallet holds around 20,000 SOL tokens, worth $4 million, and 32 different meme coins worth $16 million. An investment of $250 in BOME at launch would have been worth over $93,000 at its peak. A $2,700 initial investment would have been worth over $1 million. Read Next: • Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. • Bitcoin has jumped another 45% already this year –how much would you need to get started today? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articlePresale Investors In Solana Memecoin Turned $250 Into $90,000+ Last Weekoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Tom Westbrook SINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure U.S. rates are high and not falling yet. The Swiss National Bank delivered the biggest surprise of a week crammed with central bank meetings, cutting its main interest rate and citing the strength of the franc as a reason. The franc, which in real terms has been rising for years, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro nudging it closer to parity. The Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-year lows at 151.63 per dollar. The U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%. Market expectations for U.S. rate cuts increased after that but only very slightly. About 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year. "With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi. "This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher." Dollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous but also looking for other currencies to buy and pocket the "carry", or difference between interest rates. Euro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014. Against the dollar the euro has slipped about 0.2% this week into middle of a range it has held for a year at $1.0862. Sterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike. For the week sterling is down 0.6% at $1.2661. The Australian and New Zealand dollars moved in opposite directions this week. Thursday data showed New Zealand slipped into a technical recession, while Australian jobs surged ahead. The Aussie/kiwi cross is up 0.8% this week. The Australian dollar has eked a 0.2% gain on the U.S. dollar to $0.6572 for the week, while the kiwi has plumbed four-month lows and lost about 0.6% to $0.6046. The U.S. dollar index is up for a second week in a row, climbing 0.5% to 103.94. Bitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday. It was last at $65,800. Other morning moves in Asia were slight. The yen had no major reaction to mixed Japanese inflation data. Retail sales figures in Britain and Canada are due later in the day. ======================================================== Currency bid prices at 0100 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0865 $1.0860 +0.05% +0.00% +1.0868 +1.0861 Dollar/Yen 151.5250 151.6350 -0.07% +0.00% +151.6900 +151.4500 Euro/Yen 164.63 164.63 +0.00% +0.00% +164.7700 +164.5700 Dollar/Swiss 0.8975 0.8977 -0.02% +0.00% +0.8979 +0.8971 Sterling/Dollar 1.2672 1.2660 +0.10% +0.00% +1.2674 +1.2656 Dollar/Canadian 1.3524 1.3530 -0.04% +0.00% +1.3531 +1.3520 Aussie/Dollar 0.6574 0.6569 +0.08% +0.00% +0.6577 +0.6570 NZ Dollar/Dollar 0.6049 0.6045 +0.07% +0.00% +0.6052 +0.6046 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', 'The First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) has been red hot, riding the crypto bull market to a scorching 196.1% gain over the past year.\xa0However, while the ETF deserves credit for this standout performance, I’m bearish on it for now and steering clear because of two red flags that lurk beneath the surface — its extreme exposure to a pair of volatile stocks and its high expense ratio.\nBefore taking a look at the concerns, let’s briefly review CRPT’s strategy.According to fund sponsor First Trust, CRPT “is designed to provide exposure to companies that SkyBridge views as firms that are driving cryptocurrency, crypto assets and digital economies related innovation.”\nThe fund launched in September 2021 and has $51.7 million in assets under management (AUM).\nCRPT invests in companies from all facets of the crypto landscape. This includes crypto exchanges like Coinbase (NASDAQ:COIN), Bitcoin (BTC-USD) miners like Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT), andsemiconductor stockslike Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) (whose Graphic process unit chips are used by miners to mine Bitcoin).\nIt even includes the big tech giants like Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL), who have various irons in the fire when it comes to crypto, even though it certainly isn’t a major part of their respective businesses.\nI’d actually say that CRPT does a pretty good job of covering all bases and casting a wide net when it comes to investing in companies that are involved in crypto. The issue isn’t really what it is investing in, it’s more about how much it is investing in some of its holdings, as we’ll discuss below.\nCRPT owns 31 stocks, and its top 10 holdings make up an incredibly high 91.5% of assets, so this is an extremely concentrated ETF.\nBelow, you’ll find an overview ofCRPT’s top 10 holdingsusing TipRanks’ Holdings Tool.\nNot only do the fund’s top 10 holdings make up over 90% of its assets, but just the top two holdings, Coinbase and Microstrategy (NASDAQ:MSTR), account for a whopping 44.7% of the fund.\nTo be fair, Coinbase and Microstrategy have been great stocks over the past year, as rising crypto prices have driven their shares significantly higher. Coinbase is up 205.8% over the past year, and MicroStrategy is up 465.7%.\nWhile they have performed well, investors should note that these are still extremely volatile stocks that typically fall significantly when the price of Bitcoin is down.\nTipRanks’ Smart Score System isn’t enthused about either of these stocks, giving Coinbase an Underperform-equivalent Smart Score of 2 and MicroStrategy a Neutral-equivalent Smart Score of 4. TheSmart Scoreis a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market factors.\nWe are in the midst of a crypto bull market, so it’s easy to forget it now, but it wasn’t long ago that these stocks performed poorly as crypto prices tanked in 2022, causing CRPT to fall 80.8% that year.\nWhen the crypto market is humming along, CRPT is going to do well, but the next time it slumps, investors may need to run for cover.\nZooming out a bit further, not only is over 44% of the fund in just these top two holdings, but 78.4% is devoted to just its top five holdings, which include volatile Bitcoin mining stocks. There’s simply no way around the fact that this is an extreme amount of concentration in just a few stocks, and volatile ones at that.\nMy other concern about CRPT is that it is an expensive ETF with an expense ratio of 0.85%. This is significantly higher than the average expense ratio for all ETFs, which currently sits at 0.57%. This 0.85% expense ratio means that an investor will pay $85 in fees on a $10,000 investment annually.\nThese fees can really add up over time. For example, if the fund returns 5% annually going forward and maintains its current expense ratio, an investor putting $10,000 into the fund will pay a whopping $1,049 in fees over 10 years. Paying high fees like this can take a bite out of the principal of one’s portfolio over time, so it’s always important for investors to be mindful of fees.\nIf the ETF keeps performing well, as it has over the past year, most investors will not mind paying the high fee. But if the ETF performs poorly again, as it did in 2022, these high fees add insult to injury.\nTurning to Wall Street, CRPT earns a Moderate Buy consensus rating based on\xa027 Buys, five Holds, and zero Sell ratings assigned in the past three months. Theaverage CRPT stock price targetof $15.56 implies 11.6% upside potential.\nCRPT deserves a lot of credit for its strong performance over the past year. While I’m bullish on the crypto market in general (and the ETF could continue to do well for a while if crypto prices keep rising), I’m bearish on CRPT overall, given its massive position in just two volatile stocks with underwhelming Smart Scores: Coinbase and MicroStrategy. This leaves investors with a lot of potential downside exposure.\nFurthermore, the fund is very costly, with a well-above-average expense ratio of 0.85%.\nThe fund has performed well over the past year, but it was also down more than 80% in 2022 when crypto prices were in a prolonged downtrend, so investors should be mindful of this.\nInvestors have plenty of other options for gaining exposure to the crypto space. They can invest directly in cryptocurrencies like Bitcoin and Ethereum (ETH-USD) or invest in Bitcoin through one of the many newlow-cost Bitcoin ETFslike BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) or ARK Invest’s ARK 21Shares Bitcoin ETF (BATS:ARKB), which feature fees that are a fraction of CRPT’s. In fact, many of these ETFs are waiving their fees for the time being as they compete to draw in funds, which behooves investors.\nFor those who want to specifically invest in the types of crypto-involved stocks that CRPT invests in, there are lower-cost options that offer a bit more diversification and less concentration, such as the Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG). It should be noted that FDIG also features a large Coinbase position, but overall, its top 10 holdings make up a much more manageable 62.9% of assets, and its expense ratio is less than half of CRPT’s.\nDisclosure', '• Stocks rallied on Thursday with the Dow and the S&P 500 extending record highs.\n• The Fed kept rates unchanged and signed three cuts coming in 2024.\n• Reddit soared in its first day of trading, closing 48% higher.\nUS stocks surged on Thursday to fresh records, continuing themomentumin the wake of the Federal Reserve\'s latest monetary policy update.\nThe S&P 500 and the Dow Jones Industrial Average claimed fresh record highs, with the Dow spiking by 269 points.\nThe jumps add to gains that followed Jerome Powell\'s press conference on Wednesday, in which he said the central bank remains committed to its 2% inflation target, and that policymakers will monitor incoming data closely before its next moves.\nAccording to the dot plot of interest rate projections for the coming years, officials still expect three rate cuts in 2024.\nCME\'s FedWatch Toolshows traders haveramped up bets for a June rate cutover the last 24 hours, with odds for easing to start in June jumping from 55% to almost 70%.\n"If we\'re returning to a more normal monetary policy environment in an economy that can produce sustainable growth and not fold under inflationary pressures, perhaps higher rates are the appropriate longer-term approach," Liz Young, the head of investment strategy at SoFi, wrote in a note after the Fed meeting.\nMeanwhile,Reddit made its public trading debuton Thursday with as much as a 70% rally before paring gains to close 47% higher at $50.31 a share.\nSome Redditors on the site had expressed disinterest in participating in the IPO, which had been offered to some of the platform\'s top users.\nApple shares tumbled4% as the US Department of Justice unveiled a lawsuit that says the company engages in anticompetitive practices in the smartphone market. The stock closed at $171.37, down by about 11% year-to-date.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:5,241.53, up 0.32%\n• Dow Jones Industrial Average:39,781.50, up 0.68% (+269.37 points)\n• Nasdaq Composite:16,401.84, up 0.2%\nHere\'s what else is going on:\n• The EU is pushing for Ukraine to see profits fromfrozen Russian assetsas soon as July.\n• Sam Bankman-Friedis living a "life of delusion" by claiming he didn\'t steal, the new FTX boss said.\n• America\'s growing wealth points to a boom in atax-exempt cornerof the bond market.\n• Wall Street bull SocGen saidthe S&P 500 will rally another 5%in 2024.\nIn commodities, bonds, and crypto:\n• Oil prices dipped, withWest Texas Intermediatedown 0.27% to $81.05 a barrel.Brent crude, the international benchmark, moved lower 0.26% to $85.72 a barrel.\n• Goldclimbed 1% to $2,183 per ounce.\n• The10-year Treasury yieldwas flat at 4.271%.\n• Bitcoinslid 0.75% to $65,155.\nRead the original article onBusiness Insider', "Coinbase, leading cryptocurrency exchanges in the United States, is facing another wave of issues. Previous incidents were attributed to high trading activity on the crypto exchange duringBitcoin's surge to a new all-time high. However, this time it is related to Base, theEthereumlayer-2 network that Coinbase launched.\nAccordingto Coinbase, the Base network's congestion is causing intermittent failures in transactions on Coinbase Wallet and Coinbase.com. Users are advised to wait for network confirmation or resubmit their transactions once the congestion subsides. Coinbase Wallet customers are specifically urged to wait until the congestion is resolved before making transactions on the Base network.\nIn a post on X in response to the situation, Coinbase Wallet explained that the surge in network traffic on the Base network has led to some transactions “stuck” in a pending state. Coinbase recommends that users with pending transactions cancel them and resubmit with the latest estimated gas fee. If cancellation is not possible, the transactions will process once the network congestion reduces. Coinbase Wallet's team is actively working on implementing a transaction cancellation feature and will provide updates when available.\nBlockchain data from Duneshowsa notable surge in transaction volume on Base, with daily transactions increasing from an average of around 400,000 to over a million in recent days. On Saturday, Base set a new record of 2.12 million daily transactions.", "Solana's native token,SOL, has experienced an impressive surge of 69% over the past month, reaching a high of $208 on March 18. However, SOL fell by over 16% since March 18, amidst a wider crypto market dip. SOL has since bounced from the $170 mark, a significant support level for SOL. With Bitcoin struggling to maintain levels above $70,000, speculation about an altcoin season has arisen, creating both bullish and bearish arguments.\nOver the past month, Solana-based memecoins likeDogwifhat (WIF)andBonk (BONK)experienced significant rallies, leading to a surge in memecoin trading on the network. Solana benefited from the increased activity, with a surge in volume and active addresses engaging with its DApps. Notably, thedecentralized exchange (DEX) daily trading volumeon Solana has managed to surpass Ethereum on various days. The latest surge in activity was driven by the frenzy surrounding memecoins presales, particularly the launch ofBook of Meme (BOME)andSlerf (SLERF), which generated billions in trading volume days after launching.\nHowever, critics of Solana point out that the increased demand for the network has led to higher fees and more failed transactions. Validators experienced delays of up to 40 seconds on March 16, resulting in nearly half of the transactions failing within a 20-minute span.\nFurthermore, analysts raise concerns about the significant issuance of tokens to cover Solana's validator costs, which inflates the supply of SOL. Additionally, the large number of tokens held by the bankrupt FTX exchange's estate poses a potential risk of sell-offs in the near future.", '\nSudden yuan drop ripples through Asia trade\n\nDollar/yen tests level that drew intervention in 2022\n\nRates advantage behind broad dollar support\n(Updates prices)\nBy Tom Westbrook\nSINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a surprise cut in Switzerland highlighting the gap between the Federal Reserve and global peers in interest rate settings.\nExpectations for policy easing in China have piled pressure on its currency, for example, and it dropped sharply to a four-month low in the onshore session, spooking equity investors and prompting state banks to step in.\nIt was last at 7.2254 per dollar, and the move rippled through foreign exchange markets to set the dollar higher across the board in Asia trade. The euro made a three-week low at $1.0834, down 0.5% for the week.\nThe Australian and New Zealand dollars fell more than 0.5% each and are set for weekly losses. At $0.6524, the Aussie was down 0.5% for the week - having won some support on the way down from blowout jobs figures on Thursday.\nThe kiwi, down 1.2% to a four-month low of $0.6012, is squeezed by softening economic data while U.S. data is strong, suggesting rates will fall faster in New Zealand.\nThe Swiss National Bank had earlier delivered the biggest surprise of a week crammed with central bank meetings, cutting interest rates and citing the strength of the franc as a reason.\n"That will get a few people thinking about who\'s next," said Westpac strategist Imre Speizer in Christchurch. "The U.S. economy is in a good spot and it doesn\'t look like the Fed needs to be in any hurry (to cut rates)."\nThe franc, the best performing G10 currency of 2023, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro , nudging it closer to parity.\nThe Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-decade lows at 151.51 per dollar.\nThe U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it also said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%.\nAbout 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year.\n"With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi.\n"This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher."\nDollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous while also looking for other currencies to buy and pocket the "carry", or difference between interest rates.\nEuro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014.\nSterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike.\nFor the week, sterling is down 0.7% and it touched a three-week low at $1.2635 in the Asia session.\nThe U.S. dollar index is up for a second week in a row, climbing 0.8% to 104.21.\nBitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday.\nIt was last at $65,900.\n(Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', '• Bitcoin remains volatile, but some market calm is expected soon.\n• Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says.\nBitcoin {{BTC}} tested $66,000during the Asian trading hourson Friday, as market observers expect the leading cryptocurrency to face more volatility ahead.\n“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.\n“The drawdown still remains in line with the expected range of 10-20% as we’ve seen historically that happens right before the BTC halving event. More volatility is expected to come going into the BTC halving,” he continued.\nMeanwhile,the CoinDesk 20(CD20), a measure of the world’s most liquid digital assets, is down 0.5%.\nCoinDesk’s Digitization Index (DTZ), which measures the performance of digitization protocols like Ethereum Name Service (ENS), was the best-performing index during Asia trading hours, up 2.7%.\nIn a note sent out Friday morning Asia time, Singapore-based QCP Capital wrote that the market is consolidating with bitcoin and ether trading in a “relatively tight range” and that the market “might take a break this weekend” after last weekend’s pre-FOMC volatility.\nThe trading house also noted that the Grayscale Bitcoin Trust (GBTC) continued to see steep outflows, with $358.8 million leaving the fund. QCP expects a fourth consecutive day of BTC spot exchange-traded fund net outflows.\nRegarding ether {{ETH}}, QCP says that the market is starting to price out the chances of a spot ether ETF being approved anytime soon.\n“The Grayscale ETH discount has widened from -8% to -20% over the past two weeks,” QCP noted.\nPrediction markets also reflect this. On Polymarket, a contractasking if an Ethereum ETF will be approved by May 31is currently trading with a 21% probability that this will be the case.\nThe Ethereum Foundation iscurrently being investigated by a state authority, which Fortune says is the Securities and Exchange Commission. The question remains whether the SEC considers ether a security, and the Commissionhasn’tbeen responsive to FOIA requestsfor key documents that would shed insight into its views on the issue.\nBlockchain bettors on Polymarket also believe that the second quarter iswhen ether will hitits all-time high, but a sizable portion of traders also think there will be no all-time highs in 2024.\nEther is currently tradingabove $3500, up 1.2%, according to CoinDesk Indices data.', '• Bitcoin remains volatile, but some market calm is expected soon.\n• Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says.\nBitcoin {{BTC}} tested $66,000during the Asian trading hourson Friday, as market observers expect the leading cryptocurrency to face more volatility ahead.\n“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.\n“The drawdown still remains in line with the expected range of 10-20% as we’ve seen historically that happens right before the BTC halving event. More volatility is expected to come going into the BTC halving,” he continued.\nMeanwhile,the CoinDesk 20(CD20), a measure of the world’s most liquid digital assets, is down 0.5%.\nCoinDesk’s Digitization Index (DTZ), which measures the performance of digitization protocols like Ethereum Name Service (ENS), was the best-performing index during Asia trading hours, up 2.7%.\nIn a note sent out Friday morning Asia time, Singapore-based QCP Capital wrote that the market is consolidating with bitcoin and ether trading in a “relatively tight range” and that the market “might take a break this weekend” after last weekend’s pre-FOMC volatility.\nThe trading house also noted that the Grayscale Bitcoin Trust (GBTC) continued to see steep outflows, with $358.8 million leaving the fund. QCP expects a fourth consecutive day of BTC spot exchange-traded fund net outflows.\nRegarding ether {{ETH}}, QCP says that the market is starting to price out the chances of a spot ether ETF being approved anytime soon.\n“The Grayscale ETH discount has widened from -8% to -20% over the past two weeks,” QCP noted.\nPrediction markets also reflect this. On Polymarket, a contractasking if an Ethereum ETF will be approved by May 31is currently trading with a 21% probability that this will be the case.\nThe Ethereum Foundation iscurrently being investigated by a state authority, which Fortune says is the Securities and Exchange Commission. The question remains whether the SEC considers ether a security, and the Commissionhasn’tbeen responsive to FOIA requestsfor key documents that would shed insight into its views on the issue.\nBlockchain bettors on Polymarket also believe that the second quarter iswhen ether will hitits all-time high, but a sizable portion of traders also think there will be no all-time highs in 2024.\nEther is currently tradingabove $3500, up 1.2%, according to CoinDesk Indices data.', 'BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos\' zk-based, BeL2\nSINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- TodayElastos, a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains. The BTC Oracle is part of Elastos\' Bitcoin Layer 2 (BeL2) , BeL2, the first Bitcoin Layer 2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos\'s Bitcoin layer 2 BTC Oracle acts as a zero-knowledge proof (ZPK) data feed that provides real-time Bitcoin information to EVM smart contracts. As of today,a prototype is available to illustrate how you can stake ELA in return for Bitcoin rewards.\nElastos\' native token (ELA) has been merge-mined with Bitcoin since 2018. BeL2 is a suite of technologies consisting of a BTC Oracle that inputs Bitcoin-related data to EVM contracts. This includes an application layer; an ELA powered relay network which further decentralises the process and reduces the reliance on a single point of failure; and the BTC Oracle which generates zero knowledge proofs and transmits events from BTC to the EVM contract. In its most streamlined form, BeL2 Oracle empowers the most straightforward yet comprehensive solution for cross-chain operability involving Bitcoin and EVMs.\nSpeaking on the launch of BTC Oracle, Sasha Mitchel Head of Bitcoin Layer 2 at Elastos said, "BTC Oracle and BeL2 leverages the most intuitive yet advanced aspects of cryptographic verification to expand Bitcoin\'s utility in the DeFi space and beyond, all while staying true to its roots of decentralisation and privacy. With BTC Oracle we can open up an amazing future for new financial products and use cases on bitcoin through decentralized applications like BTC lending, BRC20 Indexing, Algorithmic Stable Coin Issuance, and more."\n"By empowering every EVM compatible blockchain to use smart contracts denominated in Bitcoin, the industry can unlock incredible innovative and economic potential for the crypto ecosystem via staking ELA and getting Bitcoin rewards," said Jonathan Hargreaves, Global Head of Business Development & ESG at Elastos. "In that respect, BTC Oracle unlocks a 7-fold increase in the potential market for building on smart bitcoin."\nAbout Elastos\nElastosis a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.\nThe Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.\nSocial Links\nX:https://twitter.com/ElastosInfo\nFacebook:https://www.facebook.com/elastosorg/\nDiscord:https://discord.com/invite/elastos\nYouTube:https://www.youtube.com/channel/UCy5AjgpQIQq3bv8oy_L5WTQ\nMedia Contact\nBrand: Elastos\nContact: Media team\nEmail: [email protected]\nWebsite:https://elastos.info/\nSOURCE: Elastos', 'BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos\' zk-based, BeL2\nSINGAPORE, March 22, 2024 (GLOBE NEWSWIRE) -- TodayElastos, a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling dormant Bitcoin to used on all Blockchains. The BTC Oracle is part of Elastos\' Bitcoin Layer 2 (BeL2) , BeL2, the first Bitcoin Layer 2 to enable the direct development and management of Bitcoin-native smart contracts. Elastos\'s Bitcoin layer 2 BTC Oracle acts as a zero-knowledge proof (ZPK) data feed that provides real-time Bitcoin information to EVM smart contracts. As of today,a prototype is available to illustrate how you can stake ELA in return for Bitcoin rewards.\nElastos\' native token (ELA) has been merge-mined with Bitcoin since 2018. BeL2 is a suite of technologies consisting of a BTC Oracle that inputs Bitcoin-related data to EVM contracts. This includes an application layer; an ELA powered relay network which further decentralises the process and reduces the reliance on a single point of failure; and the BTC Oracle which generates zero knowledge proofs and transmits events from BTC to the EVM contract. In its most streamlined form, BeL2 Oracle empowers the most straightforward yet comprehensive solution for cross-chain operability involving Bitcoin and EVMs.\nSpeaking on the launch of BTC Oracle, Sasha Mitchel Head of Bitcoin Layer 2 at Elastos said, "BTC Oracle and BeL2 leverages the most intuitive yet advanced aspects of cryptographic verification to expand Bitcoin\'s utility in the DeFi space and beyond, all while staying true to its roots of decentralisation and privacy. With BTC Oracle we can open up an amazing future for new financial products and use cases on bitcoin through decentralized applications like BTC lending, BRC20 Indexing, Algorithmic Stable Coin Issuance, and more."\n"By empowering every EVM compatible blockchain to use smart contracts denominated in Bitcoin, the industry can unlock incredible innovative and economic potential for the crypto ecosystem via staking ELA and getting Bitcoin rewards," said Jonathan Hargreaves, Global Head of Business Development & ESG at Elastos. "In that respect, BTC Oracle unlocks a 7-fold increase in the potential market for building on smart bitcoin."\nAbout Elastos\nElastosis a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to produce a modern Internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. The mission is to build accessible, open-source services for the world, so developers can build an internet where individuals own and control their data.\nThe Elastos SmartWeb platform enables organizations to recalibrate how the Internet works for them to better control their own data.\nSocial Links\nX:https://twitter.com/ElastosInfo\nFacebook:https://www.facebook.com/elastosorg/\nDiscord:https://discord.com/invite/elastos\nYouTube:https://www.youtube.com/channel/UCy5AjgpQIQq3bv8oy_L5WTQ\nMedia Contact\nBrand: Elastos\nContact: Media team\nEmail: [email protected]\nWebsite:https://elastos.info/\nSOURCE: Elastos', 'Some investors may think that an amount like $1,000 is too small to earn significant returns. However, that is not necessarily the case. A $1,000 investment inHome Depot\'s\xa01981 IPO would be worth more than $18 million today, not counting dividend income. That is not to say investors should expect such returns, but it shows that a small investment is not necessarily an impediment to massive gains when held over time.\nMoreover, even with indexes at record highs, some stocks have struggled to return to growth.\nStill, some of these stocks have pledged to return to core strengths, which should revive investor interest. While investors may need to exercise patience, shares ofSea Limited(NYSE: SE)andBlock(NYSE: SQ)stand a good chance of producing triple-digit returns from current levels.\nAfter the 2022 bear market, many investors abandoned Sea Limited stock. After rising as high as $372 per share in 2021, Sea had lost more than 90% of its value at one point amid strategic missteps and regulatory setbacks.\nNonetheless, investors now have reason to believe it can regain much of its lost value. For one, it had lost investors by entering markets in Europe and Latin America, where it had less chance of building a competitive moat. With the exception of Brazil, these moves ended with a partial or complete pullout amid considerable losses. Now, it invests more in logistics in its home region of Southeast Asia, where it can reinforce itscompetitive advantage.\nMoreover, its Garena gaming division lost the right to offer its popularFree Firegame in India, a country with more than 1.4 billion people, in 2022. The Indian government\'s Ministry of Home Affairs cited data privacy concerns as the reason for this decision. However, Garena partnered with an India-based hosting and storage company to allay those concerns and believes it is likely on the verge of gaining approval to bringFree Fireback to India, which could revive this long-suffering division.\nAlso, its fintech segment, Sea Money, continues to deliver Sea Limited\'s fastest growth. Assuming the company can address the challenges with the other two segments, the stock could experience massive growth.\nDue to Garena\'s struggles, Sea Limited\'s $13 billion inrevenuein 2023 rose by only 5% year over year. Still, it reported its first yearly profit attributable to shareholders of $151 million, a milestone that reduces the need for outside funding.\nConsensus analyst estimates call for a 116% rise in profits this year and a 159% increase in net income in 2025, presumably on heightened growth expectations. The analyst estimates included several target price increases and two analyst upgrades following the latest earnings announcement. Ultimately, its rising profits should serve as a catalyst that could more than double the stock price.\nAdditionally, a forward P/E ratio of 32, down from over 60 last spring, lowers the risk of buying now, and an approximate share price of $60 per share makes it affordable to small investors. When considering the widening competitive moat in retail and the likely return ofFree Firein India, the rise in Sea Limited stock will likely continue.\nLike Sea Limited, Block earned massive returns in the previous bull market only to watch most of those gains evaporate amid a loss of focus.\nIts Square ecosystem and success with Cash App initially drew investor interest. However, CEO Jack Dorsey\'s move to create a company more oriented toBitcoinand adding non-core operations such as a music streaming business left investors questioning Block\'s priorities.\nFortunately, Dorsey appears to be addressing this issue. On the fourth-quarter 2023 earnings call, he pledged to make improving Square\'s platform his "No. 1 priority" and outlined his top four concerns for Square.\nAs for Cash App, Dorsey wants to make it one of the largest banking services providers for those earning under $150,000 annually. To this end, he plans for Cash App to add more banking-related features, serve families, and build a "social bank" -- a bank designed to foster purpose and a positive impact on society -- for the next generation.\nThis should be welcome news to investors since these two platforms make up over 99% of Block\'s gross profit. Additionally, Block will likely experience more Bitcoin trading activity with the cryptocurrency at record highs.\nSince Block has to treat Bitcoin trading volume as revenue, gross profit may better reflect its top line. To this end, Block\'s 2023 gross profit rose 25% over the previous year and non-GAAP (adjusted) net income rose 84% for the same period.\n[["(in millions)", "2023", "2022", "2021"], ["Gross Profit", "$7,505", "$5,992", "$4,420"], ["Non-GAAP Net Income", "$1,130", "$613", "$675"]]\nSource: Block, Inc. 10-K, 2023.\nLooking forward, analysts expect an 86% increase in profits this year, followed by a 29% rise in 2025 as some analysts raise their price targets.\nDespite these attributes, the stock trades at a forward P/E ratio of 24, down from a high of almost 150 in early 2022. Thus, Block\'s low valuation and its renewed focus on Square and Cash App could help small investors grow their wealth.\nShould you invest $1,000 in Sea Limited right now?\nBefore you buy stock in Sea Limited, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Sea Limited wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nWill Healyhas positions in Block and Sea Limited. The Motley Fool has positions in and recommends Bitcoin, Block, Home Depot, and Sea Limited. The Motley Fool has adisclosure policy.\nGot $1,000? 2 Top Growth Stocks to Buy That Could Double Your Moneywas originally published by The Motley Fool', 'Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about addingBitcoin(CRYPTO: BTC)to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the newspot Bitcoin ETFs.\nAs a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin. Let\'s take a closer look at which billionaires are buying Bitcoin now, and what this new development might mean for the future price of Bitcoin.\nAny talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder ofMicroStrategy(NASDAQ: MSTR). The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company\'s Bitcoin holdings since then.\nSaylor\'s latest move was a new $600 million convertible note offering for MicroStrategy, with the funds being used to buy even more Bitcoin. This comes after a previous $800 million convertible note offering to buy Bitcoin. The company now holds 214,246 Bitcoins, which is slightly more than 1% of all Bitcoin in circulation.\nAnother billionaire at the forefront of the current Bitcoin rally is Larry Fink, the chief executive officer ofBlackRock(NYSE: BLK). As the head of the largest asset manager in the world, Fink has become increasingly bullish in his support for Bitcoin.\nIn August 2022, BlackRock partnered withCoinbase Globalon a new crypto trading platform, and last June, BlackRock was the first major investment firm to file a new spot Bitcoin exchange-traded fund (ETF) application. In less than three months since it has been approved, BlackRock\'s spot Bitcoin ETF has acquired 200,000 Bitcoins.\nAs might be expected, the tidal wave of Bitcoin buying by the new spot ETFs is leading to what some crypto traders have called a "Bitcoin supply squeeze." Simply stated, there\'s just not enough Bitcoin to go around. According to Saylor, there\'s now 10 times as much demand as supply for Bitcoin. As long as this remains the case, the price of Bitcoin seemingly has nowhere to go but up.\nBillionaires, just like the smallest retail investors, are looking for ways to boost their allocations to Bitcoin. In just the past two months, those linked to Bitcoin include Mexican billionaire Ricardo Salinas, the Emir of Qatar (who could be buying for his country\'s sovereign wealth fund), andtech billionaire Jeff Bezos.\nWhile much of this could just be hype and speculation, the situation involving Bezos is particularly interesting. At the end of February, he sold $8.5 billion worth ofAmazonshares. Almost immediately, the crypto community began speculating that he might be gearing up for a big Bitcoin buy, especially after a possible meeting with Michael Saylor.\nIf Bitcoin was formerly a neglected asset class for the world\'s ultra-wealthy, it now has their full attention. In fact, according to Ark Invest, the optimal allocation mix for Bitcoin soared to nearly 20% in 2023. If billionaires around the world decide to move 20% of their investable assets into Bitcoin, then watch out. This could unleash a flood of new money into Bitcoin, pushing up its price.\nBillionaire hedge fund managers are also looking for ways to get exposure to Bitcoin. Unlike most retail investors, they are not just investing in Bitcoin for its upside potential. Primarily, they view it as a hedge against inflation and economic uncertainty. Billionaire Paul Tudor Jones, for example, said last year that Bitcoin could be a hedge against geopolitical risk.\nBut what happens if billionaire hedge fund managers decide to use Bitcoin to make macro bets on the global economy? Say, for example, hedge fund managers lose faith in the U.S. economy, due to unsustainable debt levels and rampant inflation. They might start buying Bitcoin and selling dollar-denominated assets.\nIn one scenario recently proposed by billionaire hedge fund manager Bill Ackman, the price of Bitcoin could "go to infinity" as the U.S. economy collapses. As Bitcoin soars in price, the cost of mining Bitcoin rises, which leads to higher energy prices, which leads to more inflation, which leads to more people betting against the U.S. dollar, which leads to more people buying Bitcoin, and the cycle repeats.\nYikes! That might be the ultimate example of "be careful what you wish for." Sure, your Bitcoin might be worth a lot, but everything else you own would likely be worth a lot less -- or even nothing.\nOr, hedge fund managers might decide to bet against Bitcoin instead. It\'s still possible to find Bitcoin bears who think that we\'re in a huge speculative bubble for crypto right now and that the price of Bitcoin will eventually go to zero. So what if they start making highly leveraged bets against Bitcoin? Maybe it\'s not the U.S. dollar that collapses, but Bitcoin. That, too, would be a case of "be careful what you wish for."\nI\'m increasingly bullish about Bitcoin soaring during the next decade. If billionaires are buying Bitcoin, then that\'s an extremely bullish indicator. Given the limited supply of Bitcoin in the world, buying pressure from deep-pocketed billionaire investors should lead to huge price gains for everyone else.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Dominic Basultohas positions in Amazon and Bitcoin. The Motley Fool has positions in and recommends Amazon, Bitcoin, and Coinbase Global. The Motley Fool has adisclosure policy.\nBillionaires Are Buying Bitcoin: What Does It Mean for the Future Price of Bitcoin?was originally published by The Motley Fool', 'Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about addingBitcoin(CRYPTO: BTC)to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the newspot Bitcoin ETFs.\nAs a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin. Let\'s take a closer look at which billionaires are buying Bitcoin now, and what this new development might mean for the future price of Bitcoin.\nAny talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder ofMicroStrategy(NASDAQ: MSTR). The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company\'s Bitcoin holdings since then.\nSaylor\'s latest move was a new $600 million convertible note offering for MicroStrategy, with the funds being used to buy even more Bitcoin. This comes after a previous $800 million convertible note offering to buy Bitcoin. The company now holds 214,246 Bitcoins, which is slightly more than 1% of all Bitcoin in circulation.\nAnother billionaire at the forefront of the current Bitcoin rally is Larry Fink, the chief executive officer ofBlackRock(NYSE: BLK). As the head of the largest asset manager in the world, Fink has become increasingly bullish in his support for Bitcoin.\nIn August 2022, BlackRock partnered withCoinbase Globalon a new crypto trading platform, and last June, BlackRock was the first major investment firm to file a new spot Bitcoin exchange-traded fund (ETF) application. In less than three months since it has been approved, BlackRock\'s spot Bitcoin ETF has acquired 200,000 Bitcoins.\nAs might be expected, the tidal wave of Bitcoin buying by the new spot ETFs is leading to what some crypto traders have called a "Bitcoin supply squeeze." Simply stated, there\'s just not enough Bitcoin to go around. According to Saylor, there\'s now 10 times as much demand as supply for Bitcoin. As long as this remains the case, the price of Bitcoin seemingly has nowhere to go but up.\nBillionaires, just like the smallest retail investors, are looking for ways to boost their allocations to Bitcoin. In just the past two months, those linked to Bitcoin include Mexican billionaire Ricardo Salinas, the Emir of Qatar (who could be buying for his country\'s sovereign wealth fund), andtech billionaire Jeff Bezos.\nWhile much of this could just be hype and speculation, the situation involving Bezos is particularly interesting. At the end of February, he sold $8.5 billion worth ofAmazonshares. Almost immediately, the crypto community began speculating that he might be gearing up for a big Bitcoin buy, especially after a possible meeting with Michael Saylor.\nIf Bitcoin was formerly a neglected asset class for the world\'s ultra-wealthy, it now has their full attention. In fact, according to Ark Invest, the optimal allocation mix for Bitcoin soared to nearly 20% in 2023. If billionaires around the world decide to move 20% of their investable assets into Bitcoin, then watch out. This could unleash a flood of new money into Bitcoin, pushing up its price.\nBillionaire hedge fund managers are also looking for ways to get exposure to Bitcoin. Unlike most retail investors, they are not just investing in Bitcoin for its upside potential. Primarily, they view it as a hedge against inflation and economic uncertainty. Billionaire Paul Tudor Jones, for example, said last year that Bitcoin could be a hedge against geopolitical risk.\nBut what happens if billionaire hedge fund managers decide to use Bitcoin to make macro bets on the global economy? Say, for example, hedge fund managers lose faith in the U.S. economy, due to unsustainable debt levels and rampant inflation. They might start buying Bitcoin and selling dollar-denominated assets.\nIn one scenario recently proposed by billionaire hedge fund manager Bill Ackman, the price of Bitcoin could "go to infinity" as the U.S. economy collapses. As Bitcoin soars in price, the cost of mining Bitcoin rises, which leads to higher energy prices, which leads to more inflation, which leads to more people betting against the U.S. dollar, which leads to more people buying Bitcoin, and the cycle repeats.\nYikes! That might be the ultimate example of "be careful what you wish for." Sure, your Bitcoin might be worth a lot, but everything else you own would likely be worth a lot less -- or even nothing.\nOr, hedge fund managers might decide to bet against Bitcoin instead. It\'s still possible to find Bitcoin bears who think that we\'re in a huge speculative bubble for crypto right now and that the price of Bitcoin will eventually go to zero. So what if they start making highly leveraged bets against Bitcoin? Maybe it\'s not the U.S. dollar that collapses, but Bitcoin. That, too, would be a case of "be careful what you wish for."\nI\'m increasingly bullish about Bitcoin soaring during the next decade. If billionaires are buying Bitcoin, then that\'s an extremely bullish indicator. Given the limited supply of Bitcoin in the world, buying pressure from deep-pocketed billionaire investors should lead to huge price gains for everyone else.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotl Last 60 Days of Bitcoin's Closing Prices:* [39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-22 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,232,876,382,938 - Hash Rate: 563364908.877183 - Transaction Count: 339533.0 - Unique Addresses: 679058.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- French farmers said they will gradually extend protests across the country until the government responds to their concerns over rising costs and bureaucracy. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Netflix Pays $5 Billion for ‘Raw’ in Bet on Live Events An Isolated Israel Doubles Down on War in Gaza — At All Costs Hong Kong Stocks at 36% Discount Show True Depth of China Gloom “Every minute, we’re hearing that new blockades are being set up,” Arnaud Rousseau, the head of the FNSEA farming union, said on RMC radio on Tuesday. “It can last a day, it can last a week, it can last as long as necessary for answers to be provided.” The farmers are demanding financial support to offset the cost of European Union environmental rules and competition from cheaper imports. They are also struggling with the impact of inflation on energy and fuel prices. Farmers have blocked a highway in southwestern France since late last week. Disruption has now extended to a second highway in the southeast. The protests in France echo similar tensions across the region, including in Germany and the Netherlands, over the paring back of subsidies and the approval of European laws to protect the environment. Far-right parties have latched onto such issues and are using them in their messaging ahead of European Parliament elections set for June. In Paris, union leaders held talks with newly appointed Prime Minister Gabriel Attal and Agriculture Minister Marc Fesneau for about two hours late Monday, after which both sides said they agreed on the diagnosis of the issues facing the industry. “We have to listen, collectively, to the anger that’s being expressed,” Fesneau told reporters after the meeting. “And then we have to try to provide answers very quickly, and that’s what’s at stake in the coming days.” He said some measures would be announced this week. Story continues Speaking shortly before the minister, Rousseau called for measures on issues including prices, commercial negotiations with retailers and the food industry, and fuel taxes. He added that changes are also needed at the European level and urged French President Emmanuel Macron to step in. “I want to reiterate how urgent it is for France to take decisions quickly to give prospects again” to the country’s 400,000 farmers, Rousseau told RMC. European Commission President Ursula von der Leyen is set to kick off meetings with the agricultural sector this week in an attempt to placate farmers’ anger over green policies and subsidy cuts that are putting pressure on the industry, according to people familiar with the matter. The EU has spent €2.5 billion ($2.7 billion) on crisis-related measures to support farmers since 2014 and has allocated more than €260 billion to its massive agricultural fund for the 2023-2027 period, around one-third of the common EU budget French agricultural production, excluding subsidies, totaled €95.5 billion last year, according to statistics agency Insee. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Should I Tell My Colleagues (or My Boss) About My Bipolar Diagnosis? ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/shafiul2', 'Still bullish on BONE? ', 10, '2024-03-22 00:09', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', 'Part of me still is and will probably wait afew more months after BTC halving and then re-evaluate. ', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', '1bkkgzk', [['u/Sir_Spudsingt0n', 12, '2024-03-22 00:17', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/kvys1q9/', 'Holding without a doubt.', '1bkkgzk']]], ['u/gonnadeleteso', "I've seen the light, moving some btc into bch", 37, '2024-03-22 00:22', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', "\n\nhttps://preview.redd.it/cfovrxgttrpc1.png?width=1227&format=png&auto=webp&s=80e4e610b4e78ee229681197d3e4862c4544ae16\n\nLN doesn't work, wasted all of our time.", 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', '1bkkrpq', [['u/fiendishcrypto', 14, '2024-03-22 00:35', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvyv12h/', 'Smart move! And with each day CBDCs get closer, the move will only seem smarter. 💪', '1bkkrpq'], ['u/rareinvoices', 10, '2024-03-22 01:12', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvz117n/', 'So you would be angry if some people decide to store some BCH on an ETF. Because you get to decide how all BCH should be controlled. TY CEO of BCH.', '1bkkrpq']]], ['u/GallopingGazelle1', 'Price suppressed from ongoing supply releases? ', 39, '2024-03-22 00:33', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', 'As an XRP hodler (and believer of its utility), can someone please help me better understand Ripple’s ongoing XRP supply release from escrow? How are we supposed to see meaningful price appreciation based on the amount of supply that continues to be released? \n\nFrom my understanding, only 55% of XRP’s supply cap has been released. Periodically, supply continues to be released from escrow and we should have all supply circulating around 2027 (please correct me if I’m wrong). So, the only way it seems like we’ll have price appreciation is if adoption and demand far exceeds how much we are releasing. In other words, XRP is challenged both on supply and demand….whereas, Bitcoin (for instance) is only challenged on the demand side at this point (with nearly 95% if all possible Bitcoin is already in circulation and the last 5% of supply being released much much more slowly than Ripple’s XRP supply release velocity). ', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', '1bkl0hw', [['u/EmotionalGraveyard', 13, '2024-03-22 00:50', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyxhfx/', 'Couple of things:\n\nFirst of all, it’s a little more complicated than what you’re describing, but you’re right in principle. Thing is, when the 1 billion is released each month, it doesn’t instantly flood the market. A majority - if not all - of it is held. Theoretically though it could be sold, if it’s holders a wanted to. But that and that alone is not really responsible for the price level.\n\nSecond - market cap is wildly misunderstood but there are charts that measure market caps of assets instead of asset price. They do this (among other reasons) to more accurately consider how an asset is doing in the face of increasing supply. Here is a link to the market cap chart for XRP. \n\nhttps://www.tradingview.com/chart/m5khe8w2/?symbol=CRYPTOCAP%3AXRP', '1bkl0hw'], ['u/darthnugget', 16, '2024-03-22 00:57', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyyl74/', "XRP price will increase with it's utility. If I had to guess it would ramp up by 2030. Been holding since 2017.", '1bkl0hw']]], ['u/assouanasanaw', 'Gambling and taxes', 87, '2024-03-22 01:18', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', "Hi guys\n\nI saw another post about this last week but I've lost it so I wanted to start a new discussion (I swear I used the search bar!!)\n\nI bought $100 of crypto last year from EasyCrypto and used it to play on Stake for the last 6 months. I won various amounts and lost various amounts (with the same $100) and today I won enough money that I am looking to withdraw and I want to know how I do this from a taxation point of view.\n\nRight now the won Bitcoin is sitting in my Stake account and I plan to send it to Easy Crypto and then sell it for NZD.\n\nI think this is the right way to go about it (I've been reading) but I don't know if I owe taxes on the original bitcoin purchase (it went up in value since I bought it) or the taxes on the gambling win.\n\nIt was a lot of money to me ($1200) so I am kind of worried\n\nThanks", 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', '1bkm0cq', [['u/Thr3e6N9ne', 18, '2024-03-22 01:26', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/kvz39el/', "That's not considered taxable income, don't worry.", '1bkm0cq']]], ['u/BitcoinIsTehFuture', 'NOTICE: The r/bitcoincash sub has been taken without my consent', 29, '2024-03-22 02:03', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', 'I see some mis-information circulating about this. Here is what happened:\n\nUsers /u/ThomasZander and /u/ShadowOfHarbringer just removed me as the top moderator of r/bitcoincash, effectively changing ownership of the sub. I was not aware they could do this, nor do I wish they did so. I have been the top moderator of that sub since day 1 of its existence, and I guarded it against takeover and threats-- until now. I am no longer able to do this.\n\nThese two users were able to do this because of a rule change Reddit made a few months ago that I was unaware of.\n\nI had been active as a user, regularly logging in. This normally would have been enough to maintain my active status. Prior to this rule change, Reddit would only gave up a sub-reddit if the moderators were inactive as users for more than 90 days. I was not inactive in this way.\n\nReddit changed the rules recently to require moderators to be active with moderator-specific actions, which I had not taken, even though I was active as a user and logging in regularly.\n\nThis is quite disappointing. I haven\'t been able to keep up with all of the moderator rule changes that Reddit has made recently, and it has cost me my sub.\n\nRegarding another /r/bitcoincash mod, /u/althornton2462, what he is saying is true: He removed the censorship of /u/georgedonnelly that /u/ThomasZander and /u/ShadowOfHarbringer put in place. I agree with /u/althornton2462\'s action of unbanning George Donnelly. In my opinion, George should not have been banned from the sub. But regardless, this topic is being used as one of the "reasons" the takeover was "legitimate". It is a sub-topic and does not warrant the taking over of an entire sub. Don\'t let them convince you that this warrants their actions.\n\n/u/althornton2462 described what happened [here](https://www.reddit.com/r/btc/comments/1bkjrrc/comment/kvypb1p/). <-- read this\n\nAlso, for those wondering, /u/althornton2462 is not George Donnelly. I know this from first-hand experience as I am the one who appointed /u/althornton2462 as moderator. All accusations that he is somehow George Donnelly are ridiculous.\n\nI have served to guard the sub for 5 years and keep it in good hands, until that was taken from me today. I can no longer guarantee the security of that sub-reddit.\n\n/u/ThomasZander and /u/ShadowOfHarbringer, I would appreciate being returned to the top moderator position of [r/bitcoincash](https://www.reddit.com/r/bitcoincash/). ', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', '1bkmy0p', [['u/MemoryDealers', 25, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhvsu/', 'I respectfully request that [u/ThomasZander](https://www.reddit.com/user/ThomasZander/)\xa0and\xa0[u/ShadowOfHarbringer](https://www.reddit.com/user/ShadowOfHarbringer/) return r/bitcoincash to u/BitcoinIsTehFuture', '1bkmy0p'], ['u/rareinvoices', 14, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhx7l/', '/u/althornton2462 went too rogue so he needed to go. Cant just come out of hibernation and do whatever he likes.\n\nI think you should have been left as top mod, and you guys should have voted on removing /u/althornton2462 instead. So you guys definitely need mediation now.', '1bkmy0p'], ['u/jonald_fyookball', 13, '2024-03-22 03:52', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzpj8t/', "Completely agree. While I don't think Zander and Shadow are or were bad actors, an attempt to take the subreddit in this way without strong reasons would strike me as misguided at best and I would be inclined to do what I could to dissuade that.", '1bkmy0p'], ['u/pyalot', 35, '2024-03-22 04:20', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztcou/', "u/althornton2462 accuses you of censorship in their post you claim is 100% the truth. So is it true, did you censor in r/bitcoincash?\n\nu/althornton2462 [tried to remove all mods below them](https://www.reddit.com/r/btc/comments/1bkjrrc/thomas_zander_and_shadowofharbringer_just_did_a/kvzplb0/?context=3) in r/bitcoincash, not just u/ThomasZander and u/ShadowOfHarbringer, but did not mention this in their post. They also didn't mention they took unilateral mod action right after waking up without discussion with other mods. Is telling half the truth really the truth?\n\nYou and u/althornton2462 seem to have each others back and endorsement for r/btc mods. However, you tried to remove u/Bitcoinopoly from r/btc mods, who is not part of your quarrel with the other two mods. Why is that?", '1bkmy0p'], ['u/pyalot', 18, '2024-03-22 04:23', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztsb0/', "You've very quickly jumped to back up u/althornton2462 and u/BitcoinIsTehFuture, but there are some unresolved inconsistencies in the story, how do you know they aren't compromised? How do I know you're not compromised?", '1bkmy0p'], ['u/freesid', 18, '2024-03-22 04:34', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzv91q/', "About time BCH is recovering, so let's start another drama. This is stupid all around.", '1bkmy0p'], ['u/pyalot', 20, '2024-03-22 04:36', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzvh0m/', 'u/althornton2462 and u/BitcoinIsTehFuture seem to be acting in concert, and there are unanswered inconsistencies in the story (3-year absence, removal of unrelated mods on both r/bitcoincash and r/btc, omission of facts from incendiary posts, hyper-activity now that u/ThomasZander and u/ShadowOfHarbringer are sound asleep)\n\nI am getting very bad no good sus vibes from this.', '1bkmy0p'], ['u/wisequote', 16, '2024-03-22 05:11', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzztvr/', 'I have no doubt that shadow and Thomas will return it to you and will that they’re absolutely good actors. \n\nGeorge is always stirring drama and working on fracturing the community, so heed my advice and approach the topic or censoring him vs. not with absolute care. Free speech doesn’t mean screaming while everyone is trying to have a civil conversation, and George tends to be very loud and very divisive on any and every topic possible.\n\nThank you for being a great Mod and I am certain masks will fall in due time, but shadow and Thomas are absolutely good souls, and I can vouch for that.', '1bkmy0p'], ['u/MinuteStreet172', 14, '2024-03-22 05:42', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw03d51/', "Aren't you the dude who was inactive for 3 years?\n\nhttps://www.reddit.com/r/btc/s/L26kzdmDrl", '1bkmy0p'], ['u/ShadowOfHarbringer', 20, '2024-03-22 06:46', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw09t0g/', 'Actually, it was Reddit.com that did this, it was an emergency situation, context:\n\nhttps://old.reddit.com/r/ModSupport/comments/1bkdt0z/ok_so_we_have_a_situation_here_an_inactive_mod/\n\nPersonally I have no objections, I am not the top mod. I do not mind being lower in the hierarchy at all.', '1bkmy0p'], ['u/cheaplightning', 16, '2024-03-22 07:07', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0br7j/', 'This seems to be the best take I have read so far. Something stinks', '1bkmy0p'], ['u/ThomasZander', 23, '2024-03-22 07:37', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0eec6/', "Ok, this just got confusing... People are acting WEIRD\n\nFirst, we have an account that came alive after 3 years, first thing it does is unban 1 person. So, yeah, the theory is that this one person managed to buy an account on the black market.\n\nThen it tries to remove other mods and all this without any private discussion. We barely managed to stop this obvious take-over event with the help of reddits new tools. Inactive mods concept.\n\nThen, entirely out of character, BitcoinisTehFuture starts doing much the same! I mean, it could be that he's upset, but in the past all, and I mean ALL, communication was always out of the public view. (PM or modmail).\n\nAnd this account BitcoinisTehFuture tries to remove mods too in rBtc, and backs up the known-to-be-compromised account this started with who stated that they didn't remove the mods we panicked about. Implicitly admitting that BitcoinisTehFuture was the one trying to remove lots of mods on rBitcoinCash...\n\nStatements follow from BitcoinisTehFuture that are plain impossible to make like saying that the althornton account has not been taken over, and is certainly the person he remembers talking to...\n\nIn other words, I will need more than an angry post here to believe that this account hasn't been changing hands on the blackmarket too.\n\nAt this point I'll at minimum wait for cooler heads, less hasty discisions. If BitcoinisTehFuture is truely himself then his claim to fame is that they registered the sub first. They haven't actually done any mod work for many years. More than 3. I was the one that took a sub that had 10 spam posts per good post and after months we started having 20K accounts. After we got going and I got focused on other work, soulMechanic stepped in and he has frankly been the main one working. \n\nIn other words, we managed fine because BitcoinisTehFuture didn't do anything for more than 3 years. If they want to become active again, they can and we can see based on merit and track-record if they are actually who they say they are and move them up again.", '1bkmy0p'], ['u/ShadowOfHarbringer', 17, '2024-03-22 07:48', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0fblb/', "> an attempt to take the subreddit in this way without strong reasons\n\n1. We didn't do this. Reddit.com did.\n\n2. There were super-strong reasons, as in impostor mod suddenly waking up after 3 years and trying to purge all mods except himself. Context:\n\nhttps://www.reddit.com/r/ModSupport/comments/1bkdt0z/ok_so_we_have_a_situation_here_an_inactive_mod/", '1bkmy0p'], ['u/pyalot', 12, '2024-03-22 08:11', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0h7tx/', 'I thought your account would differ substantially. Also note all this against you and Shadow was going on while it was confirmed you where both asleep.\n\nI think it would be helpful if a proper chronology of events and actions could be compiled backed up with evidence far as possible.', '1bkmy0p'], ['u/Ok__Enthusiasm', 10, '2024-03-22 09:32', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0nov6/', "Fuck around, find out. \nWhy didn't you talk to the team that you are back and what you wanted to do first?\n\nThis reeks of account takeover.", '1bkmy0p'], ['u/MobTwo', 11, '2024-03-22 09:34', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw0nu4s/', "When George Donnelly was active, he was creating drama and causing conflicts/divide between people. What amazed me is how this community is still having drama/conflicts/divide over this same guy after he's no longer active in this subreddit.\n\nIt's a strong suggestion that the guy brings no positive net value to the ecosystem. We can argue whether he is in or out, but we don't need to argue that the guy brings unnecessary problems/conflicts/drama for the community (because this is exactly what we're witnessing now).", '1bkmy0p'], ['u/LovelyDayHere', 11, '2024-03-22 12:58', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw16vhb/', 'You\'ve been "missing in action" for the longest time in Reddit moderation as well.\n\nBoth of you just became active suddenly around this drama.\n\nThe community should ask for _real evidence_ from both of you that neither of your accounts is compromised.\n\nUntil that transpires, I wouldn\'t support either of you being mods at this point. Not in rbtc, not in rBitcoinCash.\n\nBut I support free speech. More of it.', '1bkmy0p'], ['u/rareinvoices', 11, '2024-03-22 19:33', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kw31ty8/', "After seeing your blind support for the troublemaker u/althornton2462 I no longer support you getting the sub back. First thing that guy did was make george donelly a mod on r/BTC if that's not a hostile actor I don't know what is: https://imgur.com/gHO4igM", '1bkmy0p']]], ['u/Friendly-Airline2426', 'How much ETH is enough for you?', 23, '2024-03-22 02:44', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/', 'The mind works in mysterious, yet curious ways. The human being is insatiable, and the truth is that we are never satisfied. We always want more and more. More money, more food, more cars, more clothes, and in this case, more Eth.\n\nGreed is a tricky thing, isn\'t it? It\'s this constant feeling of wanting more. You\'d think that hitting a certain amount of Eth in your wallet would finally make you feel satisfied, but it\'s never that simple. No matter how much you have, there\'s always this nagging feeling that it\'s not enough.\n\nSome of you actually take advantage of price drops, successfully chasing the dips and buying at a discount. Others simply buy what they can, when they can (DCA).\n\nThe problem is not when prices are crabbing, or low(er). The problem is when the God candles start to appear. Squeezes, pumps, you get the point. That voice in your head, constantly screaming that you should have bought more.\n\nBut why are we like this? Why does this happen?\n\nFirst off, greed isn\'t just about wanting stuff. It\'s about validation, about feeling like you\'ve "made it" (lambo). Maybe you grew up with the idea that success equals money, or maybe you\'re just trying to pay your bills, your mortgage, etc. Either way, money becomes this measure of your worth, and you can never really measure up.\n\nThen there\'s the fear factor. In this case, in this market, FOMO. Greed often comes from this fear of not having enough. It\'s like we\'re hardwired to hoard resources, even when we don\'t need them. I get that it might be a survival instinct, yeah. But in today\'s world of abundance, it can get out of control pretty fucking fast.\n\nThe truth is, even if/when you have more Eth than you know what to do with, it\'s never enough. You get a taste of that "Moon", "Lambo" life, and suddenly, you want more. It\'s like an addiction, always chasing that next goal. I know what I\'m talking about, because I\'m a professional gambler. FOMO is one hell of a thing.\n\nNow, onto the big problem that greed brings. The darker side. It\'s not just about wanting more, it\'s about taking from others to get it. Think about all the corruption, exploitation, and inequality in this industry. Look at what governments are doing, look at what institutions are doing. Look at how they use the media to manipulate your feelings, consequently directly affecting the prices. It\'s a vicious cycle, man.\n\nDang, this thread is getting a bit too long. Sorry about that, I just start thinking about things and feel the need to write them down sometimes. Anyway.\n\nSo, how much Eth is enough Eth? Honestly, there\'s no easy answer. It\'s different for everyone. But maybe, just maybe, the real gains lie in appreciating what we already have (?) It\'s about finding joy in the simple things, in connections with others, in experiences that money can\'t buy. I might be getting old...\n\nAlthough the main concept here is Ether, you can interpret it as any other coin/token of your choice. Bitcoin maybe. I decided to talk about Eth because I am an investor, it makes up more than half of my portfolio. And because this is an Eth-related subreddit too.', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/', '1bknsdx', [['u/MasterpieceLoud4931', 11, '2024-03-22 02:47', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/kvzfx2i/', 'Who are you and what have you done with our Airline!! Lol.', '1bknsdx'], ['u/Manateeboi', 12, '2024-03-22 02:55', 'https://www.reddit.com/r/ethtrader/comments/1bknsdx/how_much_eth_is_enough_for_you/kvzh5db/', 'For me the amount of ETh I’d like to have depends on ETH price in 5-10 years. \n\nIdeally enough ETH to buy a small house on a piece of land in the countryside somewhere nice with enough left over to stake and earn decent passive income. \n\nWhile I think I have a good chunk of ETH I’d love to have more so I don’t have to worry about money in the future.', '1bknsdx']]], ['u/Reader_Discretion', 'Fire station: Watched an hour long news story on Satoshi Nakamoto on a mainstream media channel with the boys.', 66, '2024-03-22 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/', 'I knew there was gonna be a news story on TV about Bitcoin tonight after dinner time. I suggested to my colleagues we should watch it and see what they say. I was surprised to see that 3 of the 11 decided to watch it with me. (They know nothing about Bitcoin other than the bad press we see on TV.)\n\n I was very surprised that the mainstream media channel did a very good job at explaning what Bitcoin is and who might be Satoshi. Very unbiased and no false claim and no mixing Bitcoin with "cryptos". \n\nAt the end of the news story, my captain and 2 other firefighters asked me a bunch of questions about Bitcoin. They want in. I calmed them down, not trying to orange pill them, suggested more reading, education, etc. \n\nThey know im in because they see me read a lot of books about Bitcoin and they used to make fun of me. Now they want to learn a little. I dont think they\'re ready to be true Bitcoiners. I know that if they buy, they\'re not gonna have the conviction to hodl. \n\nThe seed has be planted, we buy Bitcoin at the price we deserve. I have been DCAing Bitcoin for a while and they know. They were surprised to learn that the price went back up to its ATH, they thought it was dead because of all the bad news about BTC that you always see on MSM.\n\nAnyway, goodnight, stay safe and dont orange pill your entourage, plant the orange seed.\n\n ', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/', '1bko7u1', [['u/shutupimlurkingbro', 10, '2024-03-22 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/kw04t63/', 'Why does that bother you? Fireman take your wife?', '1bko7u1'], ['u/_Bitcoin_To_The_Moon', 11, '2024-03-22 10:01', 'https://www.reddit.com/r/Bitcoin/comments/1bko7u1/fire_station_watched_an_hour_long_news_story_on/kw0pxbm/', '> I calmed them down, not trying to orange pill them, suggested more reading, education, etc. \n\nyou are a real bitcoiner', '1bko7u1']]], ['u/Old-Sound-4420', 'The bitcoin usb he hid ', 63, '2024-03-22 03:24', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/', 'Yeah like if I remember the clip when he checked his hidden stash.. I remember him moving the bitcoin key either near his iMac on its on his i Mac ', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/', '1bkolbn', [['u/sicicsic', 31, '2024-03-22 03:25', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzlkae/', '\nShut up, stupid.', '1bkolbn'], ['u/Old-Sound-4420', 11, '2024-03-22 03:31', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzmgnl/', 'Just laying in bed giggling to myself over the thought of Jessica thinking there physical coins', '1bkolbn'], ['u/Hibachihiddentemple', 19, '2024-03-22 03:35', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzn2dt/', 'The chair, he’s got a few things in there. He got drunk on stream and was bragging that the trolls can’t touch his liquid assets he has acquired', '1bkolbn'], ['u/Old-Sound-4420', 14, '2024-03-22 03:36', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzn8th/', 'Solid point.. dragon will sit on the gold', '1bkolbn'], ['u/Responsible-Fee-7562', 14, '2024-03-22 03:52', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzpkm0/', 'Stop bringing it up man!', '1bkolbn'], ['u/Zestyclose_Donut7686', 16, '2024-03-22 04:28', 'https://www.reddit.com/r/kingcobrajfs/comments/1bkolbn/the_bitcoin_usb_he_hid/kvzuhef/', 'The wallet is hidden in the cuties screencap folder', '1bkolbn']]], ['u/connectSoul', 'UPDATE ON: how f*cked am i ($30,000+ charge for brush clearance) is there hope?', 204, '2024-03-22 03:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/', 'Hello everyone, I cannot edit my original post since I included a photo by the way of the reddit mobile app so, I\'d like to start of by saying thank you to Nicholas Prange from the u/LAFD for reaching out and giving me useful information, reassuring me during this difficult time, and also reaching out to the inspector to get clarity on the my situation. He has went above and beyond with the way he handled the situation and was also a very kind and understanding person. I feel as if there literally could not ask for a better person to have been there for me in this time and I truly thank him for being kind and understanding of the situation by giving me reassurance and empathy.\n\nMany people suspected that this wasn\'t the full story and yes that is true so I will try to give more a background on both the situation of the $30,000 invoice and myself and my family to clear things up because I am tired of people in the comments making assumptions about me.\n\nTo clear things up I am not the homeowner.\n\nI am the son of the homeowner who is my father.\n\nDuring the period of when this happened (the inspection and brush clearance) I was a 22 year old full time college student who was also working 4 times a week. I truly did not know about the brush being out of compliance until august of that year since my father had said that he had taken care of the situation with the brush and since I didn\'t see any notices from the mail until august in which there a letter attached to my home gate in which, then I was aware of the situation and got into contact with the inspector/instructor and worked with the instructor to attempt to solve the problem.\n\nAlso to give a bit more of background, my father is mentally ill with bi-polar, severe anxiety, ADHD, and etc due to his extremely rough upbringing growing up from his home country and was nearly beat to death by his father (my grandfather) multiple times and mentally abused by my grandfather to an extreme amount by saying that my dad is nothing and can\'t do anything without my grandfather (my father was the main breadwinner for the family when they immigrated here) and almost kept him like a work horse to pump out money. My father literally could not purchase anything of note like a car or motorcycle without begging my grandfather for the money that MY DAD earned, but my grandfather kept it since my dad was never taught to "handle money" and was therefore considered too irresponsible without ever given a chance to learn (which was a self fulling prophecy, my dad is terrible with money).\n\nMy father has had property issues in the past. We were in a 5 year long court battle for it, in which I attended by myself and a lawyer who worked pro-bono for us since she truly believed we were getting screwed, god bless her heart, in which for 2 years I went in place of my father since he was too mentally unwell, after 5 long hard years we finally got the case dismissed albeit without the lien being removed. My fathers mental illness swings from good times to bad times so unfortunately issues like these have happened in the past (we\'ve regularly had the police come to our home weekly and I\'ve been to the hospital multiple times for my dad\'s illness for suicide watch and attempts), but I am praying something like this doesn\'t happen again as I am at my limit for helping out my family (I stayed home and decided to commute to college because of the legal and general family issues and gave up going to a good amount of UC schools and instead went to a CAL state to aid).\n\nTurns out (according to the inspector, when Nicholas Prange talked to me a second time after I called earlier in the day) the bill was supposed estimated to be $100,000 for around 4 days of work (I thought it was be just 1 day but I guess there was a miscommunication since I just opened the gate and let them go to work since I was busy with school and work) since chippers and other machinery were supposedly needed but from what the inspector said, $30,000 was the deal that was given (via the personal connection with the contractor) to my family due to the financial circumstances that we were under (my family is over $200,000 in debt due to a refinance taken during the 5 year long court battle to solve the issues, I told this to the instructor which is why I felt slighted when the bill ended up coming for around $30,000 since that was nowhere near the amount I thought it would be and would have like to have been told instead of being kept in the dark until the bill came).\n\nNow I am not an expert in landscaping contracting but we do have a very sizable property of around 4 acres, in which most of it is hill side. Though I am still not truly sure if it was a $100,000 dollar job reduced to $30,000 for 4 days (i mean that is almost a median average salary). I don\'t think I have much of a choice to disagree in the manner due to not being an expert in the field. Personally I feel that is still pretty hefty but since I am not completely knowledgeable or sure of the true extent of work that was done since I was busy and at school from 9am in the morning till 3 pm on weekdays then would pick up a dinner shifts and work from 5 to 11 or 12 at night, I don\'t know so that\'s that.\n\nCall me stupid or whatever, I was just very stressed out and have had a lot on my plate for these past years of my life starting from a young teenager (i’ve had to take care of bills, talking with the government on the phone for various things such as department of water and power, health insurance, tax assessors for records, courts) and also police starting from age 12 (which is when things started getting really bad for my family, so when someone came and offered assistance and seemed very empathetic to my families situation I truly and utterly trusted them since I really wanted to believe that there was someone who could help lift burdens like these off my shoulders. \n\nHowever, I wish I was told about the cost of the work being done other than being reassured by the inspector that they would do their best to reduce the cost as much as possible when I had asked for an estimate or a much larger head\'s up on how much the work would cost instead of only having a week to try and pay it. We most likely wouldn’t have been able to scrape together $30,000 in 6 months but a disclosure on how much the cost would be beforehand instead of a $30,000 bill that\'s due in a week would have been a lot better than the surprise in the mail I got yesterday (panic attacks are not fun).\n\nStupid of me I know. It should have been taken care of it, but I for one was not aware of the issue (at least until august) since my father said it was taken care of (the brush clearance, I didn\'t know about any other issues at the time), and secondly if it truly was that much of a task we would have needed way more time to do it ourselves other than it having to be done ASAP because it was already past due.\n\nNicholas Prange said that the inspector said that they would get in contact with me to try and get something done to where my family can claim economic hardship and hopefully work out a deal to where it wouldn\'t be $30,000 and I really hope it works out since if that isn\'t the case then my family is really screwed and it would be sent to collections and also become a lien that would be accruing interest and add more debt to my family which would ruin everything I sacrificed for the past 5 years of my life staying at this home instead of running away to another college out of the vicinity and not deal with the stress of all of this.\n\nIt\'s quite funny because that\'s the amount of $30,000, is the around the same amount I paid over the 4 years for taxes and fines out of my own personal pocket (while working and saving money for college) for the 5 year long court case and this was for a 4 day job but my home may have truly been fucked (with other problems? I don\'t have the full information yet as I have not talked to the inspector yet) and it may have been necessary at that cost.\n\nI don\'t know I wish I had more time to consult a third party and get a quota to truly know that was the cost of what it would take to fix the issues instead of being rushed to make a snap decision and blindly trust like I did but I it\'s too late to complain. It\'s a lesson learned for myself at the very least, I am definitely not accepting work to be done without pricing being thoroughly discussed before hand in any situation. Hopefully this prevents a potentially even costlier mistake from me in the future.\n\nI am going to try and trust the u/LAFD and work things out as I truly feel that Nicholas is trying his best to aid me and I want to believe in the good in people since from my previous conversations with the inspector I truly didn\'t get the feel that the inspector was trying to manipulate me for profit and want to truly believe that they were being genuine and wanted to help. I don\'t want to assume that all the talks we had were in bad faith and that the reassurance I was given by at that time by them was just a ploy since that would really mess with me negatively and make me very sad.\n\nThank you for all the people who were trying to give advice and aid in the process. I couldn\'t read all the comments due to the mental distress it was causing me since there were mean comments saying that I deserved what I got and that it was my fault and it was causing me to spiral into suicide idealization, but honestly I don\'t think there\'s just one person to blame here.\n\nIt\'s just a very fucked situation overall. (please try to be nice, I\'m very sensitive)\n\nOnce again thank you again to Nicholas Prange for being an outstanding rep for the LAFD.\n\nP.S. I know this is a long shot but if there is a LA crypto multimillionaire to do some charity I would very much appreciate that HAHA, if I could afford it I would have liked to pay the $30,000 bill if possible but since I am going to school for nursing (I want to help people but also make moneys at the same time) and I am BROKE (the money I paid for fines and taxes in the past wiped up my savings). XD\n\nMy Public Address to Receive BTC: bc1qtc52x0m2hcsfuw7azt5q0s2ssjmdec6m3qzrcl\n\nP.P.S Also if you are wealthy single individual I would be more than ecstatic to offer my services as a house husband! I cook amazingly well (it\'s the one of the few things I am very proud of), can make various cocktails both modern and the classics (I bartended but no longer do anymore after being swung at by a manager a few months ago, I\'m traumatized by the restaurant industry) and I like doing household chores since they are relaxing for me! I can also play guitar and sing you songs to fall asleep to (I\'ve been told I have a nice voice) and am an avid fisherman and can make you sashimi when I come back from fishing trips (who needs Nobu when u got me)!\n\nI do not want to dox myself on this post but I will say that I am a 5\'11" Asian-American 23 year with fluffy hair who\'s been told that I am good looking (not just by my mom) but by a multitude of customers at bars (for example a mom hit on me really hard once while on a dinner date with her daughter and tried to match us up, the daughter was dying of embarrassment and it was funny), friends and strangers (they joke that I look like a K-pop star, but I am most definitely not THAT good looking though. I do think I\'m the cute type though), and I consistently get matches as a guy on dating apps which I hear is difficult as a guy if that means anything. \n\nDownsides are that I have BPD and I\'m not the most timely texter (I text long though!). Sorry I kind of grew up in a difficult family environment but if it means anything I am going to therapy for it and it\'s been getting better (in fact, the 10-year outcome for patients with borderline personality disorder (BPD) is diagnostic remission in 85% to 93%)\n\n\n\nOkay i\'m done memeing (was kind of serious though, iykwim ;P)\n\nTLDR: This situation is a lot more complex than I thought it was and there were miscommunications. The u/LAFD cleared things up with me and we are working towards a solution to where my family is possibly way less screwed then how we are screwed right now. \n\nWe have been offered help and the inspector that I talked to before said that they will guide me through the process of how to fill out an appeal for financial hardship. Though I am not sure how that will turn out. Hopefully for the best…\n\nBut once again, Thank you once Nicholas Prange of the LAFD for being such a big help in getting me in contact with the people I needed to and gave clarity on my family\'s situation. That’s one thing I will absolutely compliment and gush over because if you guys know anything about the government and wait times on the phone, you know how absolutely terrible and long it takes to actually get the information you need or get into contact with people who actually know what to do. Big ups to The LAFD Media Desk!!!\n\n\n\n', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/', '1bkozyv', [['u/ClaxtonOrourke', 93, '2024-03-22 03:47', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzov9h/', 'ok', '1bkozyv'], ['u/ron_burgundy_69', 50, '2024-03-22 03:54', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzpr5x/', 'Congrats I guess lets go to jumbo’s to celebrate', '1bkozyv'], ['u/Throwaway_09298', 110, '2024-03-22 03:57', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzq7j4/', 'I hope you find your sugarmomma and bitcoin billionaire', '1bkozyv'], ['u/mayonnaiseplayer7', 35, '2024-03-22 03:59', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzqirm/', 'Lmfaoooo yeah this was a long post', '1bkozyv'], ['u/sids99', 14, '2024-03-22 04:02', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzqwoi/', "I'm not reading all this 🤷\u200d♀️", '1bkozyv'], ['u/calamititties', 94, '2024-03-22 04:10', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzs0ad/', "I ain't reading all that.\n\nI'm happy for you tho\n\nor sorry that happened.\n\nfr, OP, hope you get this all sorted out in the least painful way possible. Good luck!", '1bkozyv'], ['u/joeshmoe112', 252, '2024-03-22 04:15', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzsp7s/', 'Holy fuck please post a TLDR\n\nI scrolled for like 5 hours. I’m not reading this lmao', '1bkozyv'], ['u/joeshmoe112', 149, '2024-03-22 04:18', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzt2mp/', "Thank fucking god for chat gpt\n\n“ The author thanks Nicholas Prange from u/LAFD for support regarding a $30,000 invoice related to property maintenance. They clarify they're the son, describe family hardships, lack of communication about the invoice's cost, and hope for assistance. The post ends with a humorous request for financial aid and appreciation for Prange's help.”", '1bkozyv'], ['u/LAFD', 155, '2024-03-22 04:20', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvztb55/', 'Hey, that’s two shoutouts from the ChatGPT synopsis! 😂\n^NP', '1bkozyv'], ['u/LAFD', 96, '2024-03-22 04:23', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvztqq6/', 'u/connectSoul Thank you for the very kind words. Glad we could assist in the process and hope you can get some relief during the appeals process. Best of luck!\n^NP', '1bkozyv'], ['u/_MissionControlled_', 77, '2024-03-22 04:38', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvpmu/', "If they are in that much debt and hardship, I'm surprised the IRS has not stepped in and made them liquidate. Friend of mine is horrible with money, got his family into lots of debt, and the IRS gave him one chance with Chapter 13 but he still did not get his act together and the IRS made him sell his house. I felt bad because he has kids.", '1bkozyv'], ['u/SpaceSox', 389, '2024-03-22 04:39', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvvnd/', 'I think your family needs to sit down with a bankruptcy attorney.', '1bkozyv'], ['u/_MissionControlled_', 74, '2024-03-22 04:40', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzvxij/', 'Thanks for the update. Your age really explains your naivety. That is no slight against you. I was the same way at 22.', '1bkozyv'], ['u/connectSoul', 18, '2024-03-22 04:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzwn8b/', 'LMFAOOOOO, i did thank you a lot in that long ass post because i really appreciated it HAHA. i guess the AI picked up on that LOL', '1bkozyv'], ['u/connectSoul', 15, '2024-03-22 04:46', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzwqzo/', 'i’ll stealing this and posting it as the Tldr: tldr: thanks', '1bkozyv'], ['u/thomasjmarlowe', 252, '2024-03-22 04:48', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzx0ll/', 'This is the BORU post I’ve been waiting on. \n\nOp- your family should sell that property (sounds like there are all sorts of issues there anyway- maybe a fresh start would be best) and open up a brush clearing business now that you know that’s where all the money is ;)\n\nGood luck with the crypto pitch and the house husbanding, but I feel there are better solutions to your problem. 🤷\u200d♂️', '1bkozyv'], ['u/illaparatzo', 12, '2024-03-22 04:49', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzx57p/', 'Turning their family into renters is probably a very bad idea in the long run', '1bkozyv'], ['u/DirtyDerk93', 78, '2024-03-22 04:51', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzxeft/', 'I find these kind of posts so disingenuous. To OP and everyone else reading this comment. (And not to put flame on OP for not understanding, clarity below since Noone will read the entirety) \n\n\nThis I think serves us all as a reminder that internet etiquette is as important as ever in this day and age and that posting half informations and not fully understood truths can cause massive IRL implications. Huge props to LAFD and the respectable social media handler for being professional, but as an LA local following this it really set a "help I\'m being screwed" narrative from the beginning and the original post had many many negative comments. In this day and age with the internet being primary form of communication you have ensure that the OP is doing the due diligence in finding information and not just putting up a "help me" sign to see if they can sway or use public perception to influence public facing entities to make a beneficial maneuver. I\'m not trying to say OP did this purposefully or that anyone is at fault. Just reminding the populace that, as one of the most dense counties in the United States, on one of the most prone social media platforms, to be mindful of how you post. People might not think it but being such a popular location, on a popular social media site, your quick posts can actually have a significant IRL impact.\n\n\nHow many people saw the OP and used it as confirmation bias in their own personal/political views? It is a rhetorical question meant to make you think about your individual impact on the greater society.\n\n\nI\'m glad OP got clarity. But U/LAFD is not the average social media user. They went above and beyond an already, now found out, above and beyond individual. This is jkt the standard society should adhere to.\n\n\nPlease be mindful of your presentations when posting to any social media platforms. Good luck to OP and thank you to LAFD for also understanding the issue and ensuring they are keeping up with the times. Rant over.\n\n\n\n\nTLDR/ Be mindful of your framing of posts on social media platforms. Do your own research and don\'t just follow the hive mind.', '1bkozyv'], ['u/Substantial-Wear-997', 77, '2024-03-22 04:52', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzxik5/', 'I never said anything about renting. 4 acres is a huge property and could probably provide enough for a smaller space after a sale.\xa0\n\nI don’t know anything about the actual situation, just suggesting downsizing could help.', '1bkozyv'], ['u/Aeriellie', 11, '2024-03-22 05:06', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kvzz6fk/', 'wow. i’m sorry this is happening. that’s a lot of responsibility for your age and a lot of that stuff should not be on your shoulders. my opinion is that as parents age things will just get worse. sometimes as much as we want to help, the issues just keep coming and we have to take a step back and see what needs to happen for a change to happen. another person mentioned bankruptcy, i’m suggesting selling and finding a smaller place that can be managed better, with no fire risk? idk. i’m sure there are more money secrets that will come out like 401k clean out to gamble? idk lol. i would run both your parents credit and see what else comes up just so you are aware.\n\nabout the house husband thing, idk about that lol but wish you luck. try to find a partner before you graduate college.', '1bkozyv'], ['u/Substantial-Wear-997', 118, '2024-03-22 05:14', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw004pz/', 'Respect and pride have nothing to do with it. If you can’t handle continued hardships and you aren’t able to get your dad to address these issues you will lose it anyway.\xa0', '1bkozyv'], ['u/connectSoul', 16, '2024-03-22 05:28', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw01s8b/', 'i definetly see your point though and it is very valid', '1bkozyv'], ['u/connectSoul', 20, '2024-03-22 05:45', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw03nsn/', 'no problem! i hope to grow from this and come out a improved person! it’s reassuring knowing that i’m not the only one who is like this, self hate runs deep within me so it’s hard haha. \n\nthank you for the words 💗', '1bkozyv'], ['u/connectSoul', 16, '2024-03-22 05:59', 'https://www.reddit.com/r/LosAngeles/comments/1bkozyv/update_on_how_fcked_am_i_30000_charge_for_brush/kw055db/', 'ahhh yes, you know how it is then because i am actually in a Korean household as well HAHA. it’s very tough at times, he’s been improving though so hopefully it’s enough! the advice is much appreciated though, thank you and i hope you have a great rest of the night!!', '1bk... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['One of the largest ways in which institutions interact with financial markets is through foreign exchange. LMAX Group provides electronic trading opportunities for institutions as well as cryptocurrency trading. CEO David Mercer discussed his views on the future of crypto onCNBC.\nMercer said that Bitcoin reaching new highs is "inevitable" because of institutional investment, which outweighs selling pressures. He noted that about 900 Bitcoin are mined per day, which is worth between $60 million and $70 million, as opposed to inflows into the exchange-traded funds (ETFs), which reached nearly$700 million in a single dayin early March. According to Mercer, this huge imbalance of supply and demand is driving the price of Bitcoin up.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. owns a share of Bitcoin —how much would $10 get you today?\nAdditionally, Mercer also discussed the upcoming Bitcoin halving, expected in mid-April. This would lower the amount of Bitcoin mined per day by half to around 450, which could further decrease selling pressures and cause Bitcoin to continue going up. However, some, including Mercer, believe that this is already priced into the market.\nHe also made a statement regarding the total size of the crypto market, saying that if "3% of the world\'s assets go to crypto, that would be a $6 trillion asset class." For reference, the entire crypto market is estimated to be worth around $2.5 trillion.\n"You should expect most crypto prices to go north from here, and I think that Ethereum and Solana will follow," Mercer said.\nLooking beyond crypto, Mercer sees tokenization as "the fourth or fifth industrial revolution" and he predicts that "the token economy will be $20 trillion by 2030." He thinks that tokenization is the true underlying benefit of crypto, and he sees Bitcoin as just a "signpost" and a "proof of concept" for tokenization to take off, "which we will be lucky to live through and enjoy."\n"Based purely on supply and demand ... you should see the price of Bitcoin being multiples of what it is today," Mercer said.\nThough Mercer noted that he is not in the business of predicting, he is basing his idea of Bitcoin going up on the assumption that it will continue to be allocated into standard investment portfolios. This could happen sooner than some expected; the largest pension fund, Japan\'s Government Pension Investment Fund (GPIF), recently submitted a request to explore the viability of incorporating Bitcoin into its investment strategy.\nIn terms of the potential for spot Ethereum ETFs, Mercer said that "Bitcoin is the store of value ... the gold of the crypto market. Ethereum is the utility. The oil of the crypto market." He predicted that the Ethereum ETF would happen and be great for Ethereum and the decentralized economy.\nMercer discussed nearly all of the pressing issues relating to crypto, bringing every point back to his bullish stance on the asset class. It will be interesting to see how his predictions play out, particularly his idea that crypto could reach a total market size of $6 trillion.\nRead Next:\n• Bitcoin has jumped another 45% already this year —how much would you need to get started today?\n• Bitcoin to $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLMAX Group CEO Forecasts Bullish Trend: Anticipates Crypto Prices To Surge, Citing Potential $6 Trillion Asset Classoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• US stocks dipped Friday but ended with a gain for the week after the Fed meeting kicked off a rally.\n• Major averages gained for the week as the central bank indicated three rate hikes on tap this year.\n• Bitcoin ETFs saw their worst week of outflows since they debuted in January.\nUS stocks dipped on Friday, but ended the week with a gain, bolstered by a two-day rally that kicked of Wednesday following the Federal Reserve\'s policy meeting.\nThe S&P 500 has rallied 2.3% in the past five days, with the Nasdaq and Dow Jones Industrial Average up 1.7% and 1.6% respectively. The S&P 500 and the Dow each hit back-to-back record closing highs on Wednesday and Thursday.\nOptimism in the week was fueled by dovish Fedspeak that came out of the central bank\'s March meeting. The FOMC\'s latest dot-plot has penciled inthree interest-rate cuts for 2024,in line with traders\' predictions per theCME FedWatch Tool.\nMeanwhile, bitcoin ETFs saw their worst week since they debuted at the beginning of the year, recording four consecutive days of outflows totaling $836 million, per Fundstrat.\nHere\'s where US indexes stood at the closing bell at 4:o0 p.m. on Friday:\n• S&P 500:5,234.18, down 0.14%\n• Dow Jones Industrial Average:39,475.90, down 0.77% (-305.47 points)\n• Nasdaq Composite:16,428.82, up 0.16%\nHere\'s what else is going on:\n• Stock valuationsmirror the extremes of 1929and the market is at risk of a steep crash, legendary investor John Hussman said.\n• "Bond King" Bill Gross warned of AI-driven "excessive exuberance" in stocks, and said he\'s not buying bonds either.\n• Cathie Wood seesbitcoin going as high as $3.8 million.\n• Alphabet is set to pop 15% as Google is aclear winner in AI, Wedbush said.\n• An investment firm says these 2 parts of the marketstill have huge upsideas it sees the best opportunity in 35 years.\nIn commodities, bonds, and crypto:\n• Oil prices dipped, withWest Texas Intermediatedown 0.35% to $80.79 a barrel.Brent crude, the international benchmark, edged lower 0.27% to $85.55 a barrel.\n• Golddipped 0.9% to $2,165.90 per ounce.\n• The10-year Treasury yieldfell five basis points to 4.218%%.\n• Bitcoindropped by 2.79% to $63,565.50.\nRead the original article onBusiness Insider', "Bitcoin(CRYPTO: BTC)has stolen the cryptocurrency spotlight. Its price has soared 125% over the past year due in large part to enthusiasm surrounding spot Bitcoin exchange-traded funds (ETFs). However,Ethereum(CRYPTO: ETH)returned about 80% over the same period, and at least one Wall Street analyst sees bigger gains on the horizon.\nGeoff Kendrick, head of digital assets research at Standard Chartered Bank, believes smart contract technology and spot Ethereum ETFs (if approved) could send the cryptocurrency to $14,000 by 2025. That implies about 310% upside from its current price of $3,400, an enticing figure given the short timeline.\nIs Ethereum worth buying?\nTheEthereumblockchain is programmable, meaning that developers can build self-executing programs called smart contracts on the platform. That technology is the foundation of tokenization and other decentralized finance (DeFi) applications, and the many utilities of smart contracts could increase demand for Ethereum in the coming years.\nTo elaborate, tokenization is the process whereby ownership rights to digital and physical assets are represented as tokens on a blockchain, which itself serves as a digital ledger. Benefits include improved audit transparency because details are automatically and immutably recorded on the blockchain when tokens are transacted. Tokenization could also improve asset liquidity by enabling fractional ownership of assets like real estate, artwork, and other collectibles.\nMore broadly, DeFi platforms could expand access to financial services and reduce the underlying costs by allowing users to borrow, invest, and earn interest on money without intermediaries like banks. That would be particularly valuable in underbanked regions of the world.\nEthereum is the blockchain best positioned to benefit if and when smart contract technology sees greater adoption. I say that because users clearly have a preference for Ethereum. It accounts for 56% of the funds held in DeFi applications, meaning it holds more market share than all the other blockchains combined, according to DeFi Llama. Consequently, demand for the cryptocurrency could soar if DeFi goes mainstream, simply because users must pay transaction fees to interact with products on the blockchain.\nSpot Ethereum ETFs are investment products that (if approved) would provide direct exposure to Ethereum while eliminating the hassle of cryptocurrency exchanges and blockchain wallets. Those funds would greatly reduce friction for individual and institutional investors, which could boost demand for the cryptocurrency and send its price higher.\nIndeed, recently approved spot Bitcoin ETFs illustrate how much demand such investment products could unlock. Specifically, the spot Bitcoin ETFs issued byBlackRockand Fidelity saw greater cash inflows during their first month on the market than any other ETFs launched in the past 30 years, according to Bloomberg Intelligence.\nWith that in mind, seven issuers have submitted applications for spot Ethereum ETFs, including BlackRock and Fidelity. The Securities and Exchange Commission (SEC) must reach a decision by May 23, but investors should not take approval for granted. In fact, James Seyffart at Bloomberg expects the SEC to deny the applications this time around. His assessment is based on the fact that regulators have not engaged with potential issuers to the same degree that they did with spot Bitcoin ETF applicants before approval.\nSmart contract technology is intriguing, and the potential benefits of tokenization and other DeFi use cases are undeniable. However, widespread adoption of Ethereum-based smart contracts is probably a ways off, even in the best-case scenario.\nAdditionally, I doubt spot Ethereum ETFs will win regulatory approval in May. Fortune recently reported that the SEC is investigating the Ethereum Foundation, which oversees the crypto, as part of its push to classify many cryptocurrencies as securities. The outcome could shake the market in unpredictable ways, and it would be unlikely that the SEC would approve spot Ethereum ETFs while the investigation is ongoing.\nFor those reasons, I would avoid Ethereum right now. That does not mean the cryptocurrency will lose value. In fact, Geoff Kendrick may be spot-on with his target of $14,000. However, I see more compelling investmentopportunities in Bitcoinand the stock market.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Popular Cryptocurrency Could Soar 310% by 2025, According to a Wall Street Analyst -- No, It's Not Bitcoinwas originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has stolen the cryptocurrency spotlight. Its price has soared 125% over the past year due in large part to enthusiasm surrounding spot Bitcoin exchange-traded funds (ETFs). However,Ethereum(CRYPTO: ETH)returned about 80% over the same period, and at least one Wall Street analyst sees bigger gains on the horizon.\nGeoff Kendrick, head of digital assets research at Standard Chartered Bank, believes smart contract technology and spot Ethereum ETFs (if approved) could send the cryptocurrency to $14,000 by 2025. That implies about 310% upside from its current price of $3,400, an enticing figure given the short timeline.\nIs Ethereum worth buying?\nTheEthereumblockchain is programmable, meaning that developers can build self-executing programs called smart contracts on the platform. That technology is the foundation of tokenization and other decentralized finance (DeFi) applications, and the many utilities of smart contracts could increase demand for Ethereum in the coming years.\nTo elaborate, tokenization is the process whereby ownership rights to digital and physical assets are represented as tokens on a blockchain, which itself serves as a digital ledger. Benefits include improved audit transparency because details are automatically and immutably recorded on the blockchain when tokens are transacted. Tokenization could also improve asset liquidity by enabling fractional ownership of assets like real estate, artwork, and other collectibles.\nMore broadly, DeFi platforms could expand access to financial services and reduce the underlying costs by allowing users to borrow, invest, and earn interest on money without intermediaries like banks. That would be particularly valuable in underbanked regions of the world.\nEthereum is the blockchain best positioned to benefit if and when smart contract technology sees greater adoption. I say that because users clearly have a preference for Ethereum. It accounts for 56% of the funds held in DeFi applications, meaning it holds more market share than all the other blockchains combined, according to DeFi Llama. Consequently, demand for the cryptocurrency could soar if DeFi goes mainstream, simply because users must pay transaction fees to interact with products on the blockchain.\nSpot Ethereum ETFs are investment products that (if approved) would provide direct exposure to Ethereum while eliminating the hassle of cryptocurrency exchanges and blockchain wallets. Those funds would greatly reduce friction for individual and institutional investors, which could boost demand for the cryptocurrency and send its price higher.\nIndeed, recently approved spot Bitcoin ETFs illustrate how much demand such investment products could unlock. Specifically, the spot Bitcoin ETFs issued byBlackRockand Fidelity saw greater cash inflows during their first month on the market than any other ETFs launched in the past 30 years, according to Bloomberg Intelligence.\nWith that in mind, seven issuers have submitted applications for spot Ethereum ETFs, including BlackRock and Fidelity. The Securities and Exchange Commission (SEC) must reach a decision by May 23, but investors should not take approval for granted. In fact, James Seyffart at Bloomberg expects the SEC to deny the applications this time around. His assessment is based on the fact that regulators have not engaged with potential issuers to the same degree that they did with spot Bitcoin ETF applicants before approval.\nSmart contract technology is intriguing, and the potential benefits of tokenization and other DeFi use cases are undeniable. However, widespread adoption of Ethereum-based smart contracts is probably a ways off, even in the best-case scenario.\nAdditionally, I doubt spot Ethereum ETFs will win regulatory approval in May. Fortune recently reported that the SEC is investigating the Ethereum Foundation, which oversees the crypto, as part of its push to classify many cryptocurrencies as securities. The outcome could shake the market in unpredictable ways, and it would be unlikely that the SEC would approve spot Ethereum ETFs while the investigation is ongoing.\nFor those reasons, I would avoid Ethereum right now. That does not mean the cryptocurrency will lose value. In fact, Geoff Kendrick may be spot-on with his target of $14,000. However, I see more compelling investmentopportunities in Bitcoinand the stock market.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Popular Cryptocurrency Could Soar 310% by 2025, According to a Wall Street Analyst -- No, It's Not Bitcoinwas originally published by The Motley Fool", 'The bullish sentiment in the market is leading some investors to look at risk-on assets. Bitcoin may be an option, but for investors who prefer to stay in stocks, it may be time to look for some of the analysts’ favoritepenny stocks.\nThe equity markets liked what they heard from Federal Reserve Chair Jerome Powell at the end of the Fed’s March meeting. While an exact date was not given, investors got confirmation that the Fed still plans up to three interest rate cuts this year.\nThat is allowing investors to step on the gas in a hunt for growth. Penny stocks become popular at times like this because these stocks typically have small market caps which tend to lead the way as investors move away from the safety ofblue-chip stocks.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThis is still a risky sector, but analysts have designed these seven companies as some of their favorite penny stocks. While they may not receive much analyst coverage, the analysts that cover them are decidely bullish.\nSource: Walter Cicchetti / Shutterstock.com\nPetco Health and Wellness(NASDAQ:WOOF) stock is down more than 80% in the last 12 months. However, this may be a situation where analysts believe the only way to go is up.\nThe company is going through a change in the C-suite with R. Michael Mohan, formerly ofBest Buy(NYSE:BBY) replacing outgoing chief executive officer (CEO) Ron Coughlin. The move comes at a time when Petco is trying to reinvent itself as a company.\nThere’s little doubt that pet owners are willing to spend on their pets. The problem is that this is a crowded sector with several established competitors likeChewy(NYSE:CHWY) that have a well-established e-commerce niche.\nTo deal with that Petco is moving more aggressively into the health and wellness sector. This includes apartnership withNationwideto provide pet insurance.\nTwelve analysts have issued a price target on WOOF stock. The consensus price of $2.95 is 49% higher than the stock’s price as of March 21, 2024. And out of 14 analysts that offer a rating,4 give it a Strong Buy.\nSource: Vitalii Vodolazskyi / Shutterstock\nGranite Point Mortgage Trust(NYSE:GPMT) is a registered real estate investment trust (REIT) specializing in commercial real estate financing in Manhattan. GPMT stock is down 78% in the last five years, but every stock chart tells a story and there’s more context in play here.\nSince falling to a low of $2.67 in April 2020, GPMT stock is up 84%. In that time the company has paid off $275 million in convertible bond maturities and bought back approximately two million shares.\nMore significantly, as is the case with REITs, the company continues to issue a dividend that currently yields 16.23% with a payout of 80 cents per share so investors who own $10,000 of GPMT stock will receive $6,490 in passive income annually.\nOn March 20,UBS Groupreiterated its Buy rating on GPMT stock and lowered its price target from $6.50 to $6.00. However, that price target is still more than 20% higher than the stock’s closing price of $4.93 on March 21, 2024.\nSource: shutterstock.com/Champhei\nIf you’re looking for some favorite penny stocks, you’ll probably find a few biopharmaceutical stocks. That’s the case withNextCure(NASDAQ:NXTC). This is a pre-revenue company that most recently made news in December 2023. At that time the company announced that it was prioritizing LNCB74, the company’s first antibody drug conjugate (ADC) candidate that NextCure is developing in partnership with LegoChem Biosciences.\nLike many clinical-stage biopharma companies, the issue for NextCure is cash. It needs a lot of capital to get its existing candidates through the trial stage and is actively seeking partnerships to do just that. In the meantime, the company is on track tosubmit an Investigational New Drug (IND) application for LNCB74by the end of the year.\nNXTC stock isn’t widely covered by analysts. However, the sentiment is largely bullish. Three analysts give the stock a consensus price target of $4 andfour analysts give the stock a Strong Buy rating.\nSource: luchschenF / Shutterstock.com\nDiaMedica Therapeutics(NASDAQ:DMAC) is another clinical-stage biopharmaceutical company that makes this list of favorite penny stocks. The company has a series of drugs at various stages including one in late-stage trials.\nThe primary concern with DiaMedica as it is with many companies that are still in growth mode is cash burn. It’s not that the company would have trouble raising the cash through a share offering, but that would dilute current shareholders.\nStill, with biopharmaceutical companies, you have to play the long game. The company’slead treatmentis for acute ischemic stroke which afflicts over 7.5 million people globally every year. The company\xa0also has started trials for\xa0its cardio renal disease and severe inflammatory disease candidates.\nThree analysts have a Strong Buy rating on the stock. Theconsensus price target of $7gives DMAC stock 160% upside.\nSource: Chompoo Suriyo / Shutterstock.com\nTeraWulf(NASDAQ:WULF) is a developer, owner, and operator of Bitcoin mining facility sites. It follows then that the company’s performance tracks with the resurgence ofBitcoin(BTC-USD). As Alex Sirois recently wrote, TeraWulf’s claim to fame is “as anenvironmentally clean Bitcoin miner” with 91% of its mined Bitcoin powered by zero-carbon energy sources.\nThe company released its preliminary full-year 2023 guidance and forecasts revenue of $69 million which is nearly five times better than the $15 million it generated in 2022.\nThis has allowed the company to improve its fundamentals starting with over$50 million of debt reduction. The company did not post a profit in the fourth quarter of 2023, but is expected to do so in 2024.\nOnly four analysts have offered a rating on WULF stock, butall four give the company a Strong Buy ratingwith three analysts having a consensus price target of $3.88, a 62% improvement from the stock’s price at the time of this writing.\nSource: photo_gonzo / Shutterstock.com\nAt $4.98,Payoneer Global(NASDAQ:PAYO) is almost out of penny stock range. However, it’s covered by a surprising number of analysts. All 10 analysts that have offered a rating on PAYO stock give it a Strong Buy rating.\nThe fintech company offers many services for businesses including cross-border payments. That immediately brought to mind cryptocurrency. Payoneerdoes not allow users to buy cryptocurrencydirectly, but they can use Payoneer through one of several approved crypto exchanges.\nThe company is going to post their first full year of profitability and revenue is increasing on a year-over-year basis. Furthermore, analysts are forecating 54% year-over-year earnings growth in the next 12 montns. The company is likely to be impacted when the Fed lowers interest rates. However, at 22x forward earnings, PAYO looks attractively priced.\nSource: Archi_Viz via Shutterstock\nPurple Innovation(NASDAQ:PRPL) seemed like an odd choice on a list of favorite penny stocks. Nevertheless, PRPL stock is up 59% through March 21, 2024 and analysts are lining up behind the stock.\nIn January, the company announced that it hadrestructured its debt. At the time, the company said this would give it the financial flexibility to execute its growth plans. In the company’s fourth quarter and full-year 2023 earnings report, it appears that revenue, at least, may be heading in the right direction.\nThe concern here, as with many penny stocks, is profitability. The company did a brisk business in 2020 and 2021, but those days are long gone.\nPurple went public in October 2015. This is the first time the company is dealing with a prolonged time of non-ZIRP monetary policy. Because it heavily relies on a healthy consumer and a robust housing market, it stands to benefit from lower interest rates. Nevertheless, until that time comes, PRPL stock remains a risk, but it may be one worth taking.\nOn the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nChris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWall Street’s Favorite Penny Stocks? 7 Names That Could Make You Filthy RichÂappeared first onInvestorPlace.', "If you look at the major indexes, you'll see that the stock market is in record territory. This bullish sentiment has also crept into the more speculative digital asset space. The cryptocurrency market is currently valued at $2.5 trillion, near its all-time high.\nCall it a bubble if you want. But the monster recent performance of digital tokens,Bitcoin(CRYPTO: BTC)in particular, can't be ignored. The world's most valuable cryptocurrency has skyrocketed 308% since the start of 2023 (as of March 21). And even though it currently sits 9% below its all-time high of $73,750, which was set on March 14, it has soared 61% just this year.\nAs the months and years pass, there are fewer and fewer investors who haven't heard of Bitcoin. But there are still lots of investors who don't own it.\nShould you buy this top cryptocurrency while it's at $67,000? Let's explore Bitcoin and its prospects even at its near highs.\nBitcoin's recent price action is a microcosm of its long-term volatility. Huge price swings, at least when compared to stocks, are normal. But over long periods, this digital asset has certainly soared.\nThis year is shaping up to be one of the most favorable backdrops for Bitcoin to continue rising in value. There are three key factors investors should know about. A valid argument can be made the anticipation of these events has already helped to propel Bitcoin.\nThe first development was the highly anticipated approval ofspot exchange-traded funds. These investment vehicles not only legitimized Bitcoin as a financial asset in the eyes of regulators and asset managers, but there is now a seamless way for individuals and institutions to gain exposure.\nThen there's theupcoming halving, an event that will reduce new Bitcoin supply that enters the market. Historically, the digital asset has gone on an impressive run in the 12 to 18 months following a halving, as demand outstrips new coin production. This might be the case again.\nAnd finally, there is a lot of talk about theFederal Reserve cutting interest ratesmultiple times in 2024. It all depends on the trends that play out with inflation. But lower rates and a more accommodative central bank don't directly impact asset prices. They do, however, encourage savers and investors to seek out riskier holdings to achieve adequate returns. And this could lead to more capital going to Bitcoin.\nIt's important to ask why Bitcoin has any value for people to begin with. I think it's pretty straightforward.\nFor the first time in digital form, there's an asset out there with a fixed supply cap that anyone in the world can buy and hold (assuming they have funds to invest and internet access). Someone in a democracy like the U.S. is accustomed to the developed payments and financial infrastructure traditional banks provide. But someone who operates in a system of weak payments and financial infrastructure under a totalitarian regime like Venezuela could find value in an open, decentralized, and censorship-resistant asset.\nAnd like any other currency, Bitcoin is given worth by its users. As long as there is a demand for Bitcoin, it will remain a store of value.\nNonetheless, critics might say that Bitcoin is worthless, as they point to it being nothing but fake internet money. That argument might make sense on the surface. Still, there's a reason that Bitcoin has continued to bounce back from lows to reach new highs, despite all of the adverse geopolitical, macroeconomic, and industry-specific events that have occurred over the past 15 or so years. It has proven resilient, and people all over the world have shown a heightened interest in wanting to own it.\nThe best time to have purchased Bitcoin was in 2009. The second best time is right now, while it's at $67,000. There is still plenty of upside in the next decade and beyond.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's $67,000?was originally published by The Motley Fool", "If you look at the major indexes, you'll see that the stock market is in record territory. This bullish sentiment has also crept into the more speculative digital asset space. The cryptocurrency market is currently valued at $2.5 trillion, near its all-time high.\nCall it a bubble if you want. But the monster recent performance of digital tokens,Bitcoin(CRYPTO: BTC)in particular, can't be ignored. The world's most valuable cryptocurrency has skyrocketed 308% since the start of 2023 (as of March 21). And even though it currently sits 9% below its all-time high of $73,750, which was set on March 14, it has soared 61% just this year.\nAs the months and years pass, there are fewer and fewer investors who haven't heard of Bitcoin. But there are still lots of investors who don't own it.\nShould you buy this top cryptocurrency while it's at $67,000? Let's explore Bitcoin and its prospects even at its near highs.\nBitcoin's recent price action is a microcosm of its long-term volatility. Huge price swings, at least when compared to stocks, are normal. But over long periods, this digital asset has certainly soared.\nThis year is shaping up to be one of the most favorable backdrops for Bitcoin to continue rising in value. There are three key factors investors should know about. A valid argument can be made the anticipation of these events has already helped to propel Bitcoin.\nThe first development was the highly anticipated approval ofspot exchange-traded funds. These investment vehicles not only legitimized Bitcoin as a financial asset in the eyes of regulators and asset managers, but there is now a seamless way for individuals and institutions to gain exposure.\nThen there's theupcoming halving, an event that will reduce new Bitcoin supply that enters the market. Historically, the digital asset has gone on an impressive run in the 12 to 18 months following a halving, as demand outstrips new coin production. This might be the case again.\nAnd finally, there is a lot of talk about theFederal Reserve cutting interest ratesmultiple times in 2024. It all depends on the trends that play out with inflation. But lower rates and a more accommodative central bank don't directly impact asset prices. They do, however, encourage savers and investors to seek out riskier holdings to achieve adequate returns. And this could lead to more capital going to Bitcoin.\nIt's important to ask why Bitcoin has any value for people to begin with. I think it's pretty straightforward.\nFor the first time in digital form, there's an asset out there with a fixed supply cap that anyone in the world can buy and hold (assuming they have funds to invest and internet access). Someone in a democracy like the U.S. is accustomed to the developed payments and financial infrastructure traditional banks provide. But someone who operates in a system of weak payments and financial infrastructure under a totalitarian regime like Venezuela could find value in an open, decentralized, and censorship-resistant asset.\nAnd like any other currency, Bitcoin is given worth by its users. As long as there is a demand for Bitcoin, it will remain a store of value.\nNonetheless, critics might say that Bitcoin is worthless, as they point to it being nothing but fake internet money. That argument might make sense on the surface. Still, there's a reason that Bitcoin has continued to bounce back from lows to reach new highs, despite all of the adverse geopolitical, macroeconomic, and industry-specific events that have occurred over the past 15 or so years. It has proven resilient, and people all over the world have shown a heightened interest in wanting to own it.\nThe best time to have purchased Bitcoin was in 2009. The second best time is right now, while it's at $67,000. There is still plenty of upside in the next decade and beyond.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It's $67,000?was originally published by The Motley Fool", "While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher.\nThis graphic,via Visual Capitalist's Marcus Lu,shows the public companies that own the most bitcoin, based on data fromCoinGecko.\nAs the world’s largest corporate owner of bitcoin, MicroStrategy holds 174,530 bitcoin valued at an estimated$9.1 billionas of February 22, 2024.\nHeadquartered in Virginia, the intelligence software firm first began buying bitcoin in 2020 and has since grown its holdings to become roughly 10 times bigger than the next highest corporate owner. MicroStrategy shares soared over 350% in 2023 thanks to its scale of bitcoin holdings.\nHere’s who holds the most bitcoins globally across public companies as of February 22, 2024:\nTesla is the fourth-largest owner on the list, with bitcoin holdings worth$546.7 million.\nIn 2021, the company announced that it bought $1.5 billion in bitcoin to help boost the company’s bottom line. It also served as a way to provide liquidity to customers who could buy its products with the cryptocurrency. Yet the following year, the company sold a large share of its holdings at a steep loss during the crypto crash.\nTwo Canadian companies, Hut 8 and Hive Blockchain, are top holders of bitcoin. These cryptocurrency mining companies have seen their shares surge over 191% and 144%, respectively.\nWith even stronger returns, bitcoin miner CleanSpark saw its shares boom over 425% in 2023. This year, the company announced plans to purchase four new facilities for mining bitcoin. Three of these are located in Mississippi, purchased for a total of $19.8 million.\nAs bitcoin climbs to fresh record highs, corporate interest in bitcoin may continue to increase in tandem with a wider scope of buyers. Newly regulatedspot bitcoin ETFshave also fueled demand, leading bitcoin’s market cap to hit $1 trillion for the first time since 2021.\nIn fact, as the chart above shows, BlackRock's BTC ETF (IBIT) now holds more bitcoin than MSTR.\nBy Zerohedge.com\nMore Top Reads From Oilprice.com:\n• UK Economy Outperforms Despite Inflationary Pressure\n• EU Proposes Using Profits from Seized Russian Assets to Aid Ukraine\n• America Is Growing Wary of the Renewable Energy Boom\nRead this article on OilPrice.com", "While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher.\nThis graphic,via Visual Capitalist's Marcus Lu,shows the public companies that own the most bitcoin, based on data fromCoinGecko.\nAs the world’s largest corporate owner of bitcoin, MicroStrategy holds 174,530 bitcoin valued at an estimated$9.1 billionas of February 22, 2024.\nHeadquartered in Virginia, the intelligence software firm first began buying bitcoin in 2020 and has since grown its holdings to become roughly 10 times bigger than the next highest corporate owner. MicroStrategy shares soared over 350% in 2023 thanks to its scale of bitcoin holdings.\nHere’s who holds the most bitcoins globally across public companies as of February 22, 2024:\nTesla is the fourth-largest owner on the list, with bitcoin holdings worth$546.7 million.\nIn 2021, the company announced that it bought $1.5 billion in bitcoin to help boost the company’s bottom line. It also served as a way to provide liquidity to customers who could buy its products with the cryptocurrency. Yet the following year, the company sold a large share of its holdings at a steep loss during the crypto crash.\nTwo Canadian companies, Hut 8 and Hive Blockchain, are top holders of bitcoin. These cryptocurrency mining companies have seen their shares surge over 191% and 144%, respectively.\nWith even stronger returns, bitcoin miner CleanSpark saw its shares boom over 425% in 2023. This year, the company announced plans to purchase four new facilities for mining bitcoin. Three of these are located in Mississippi, purchased for a total of $19.8 million.\nAs bitcoin climbs to fresh record highs, corporate interest in bitcoin may continue to increase in tandem with a wider scope of buyers. Newly regulatedspot bitcoin ETFshave also fueled demand, leading bitcoin’s market cap to hit $1 trillion for the first time since 2021.\nIn fact, as the chart above shows, BlackRock's BTC ETF (IBIT) now holds more bitcoin than MSTR.\nBy Zerohedge.com\nMore Top Reads From Oilprice.com:\n• UK Economy Outperforms Despite Inflationary Pressure\n• EU Proposes Using Profits from Seized Russian Assets to Aid Ukraine\n• America Is Growing Wary of the Renewable Energy Boom\nRead this article on OilPrice.com", "Singapore , March 23, 2024 (GLOBE NEWSWIRE) -- HAG, the first-ever SEC-filed security token specializing in Bitcoin mining and offering monthly WBTC net yield distribution, has announced a series of significant milestones. These advancements highlight HAG's commitment to setting new benchmarks in transparency and value for investors in the Bitcoin mining domain.\nDeployment Marks the Beginning of Mining Operations\nThe deployment of S21 mining machines in a US-based facility on February 1st marked HAG's official entry into Bitcoin mining. This strategic move is a testament to HAG's ambition to emerge as a leading entity in the Bitcoin mining industry, leveraging the latest technology to maximize efficiency and outcomes.\nInaugural WBTC Dividend Distribution Sets a Precedent\nOn March 7th, HAG made headlines with its first net yield WBTC distribution through INX, showcasing its dedication to providing net yield in WBTC to its investors. The distribution of 0.75143226 WBTC is a clear indicator of HAG's efforts to democratize access to Bitcoin mining profits and enhance investor value.\nHAG Tokens Now Trading on INX Exchange\nFurther expanding its reach, HAG tokens were listed on the INX Exchange on March 14th. This move opens up new avenues for secondary trading and provides global investors with additional opportunities to engage with HAG.\nAnticipation Builds for Second STO Batch Amid Bull Market\nAs we step into 2024, the crypto market is witnessing a remarkable bull run, with Bitcoin's ecosystem thriving like never before. In this vibrant market scenario, HAG is poised to unveil its second batch of Security Token Offerings (STOs) towards the end of March or in early April. This move is not just an expansion but a strategic step forward, leveraging the current market's momentum.\nHAG's innovative approach to Bitcoin mining, coupled with the sector's burgeoning growth, showcases the vast potential lying ahead. The flourishing Bitcoin ecosystem, complemented by HAG's robust framework and strategic milestones, sets the stage for unprecedented opportunities and growth. As HAG navigates through this thriving landscape, its commitment to innovation, transparency, and value for stakeholders positions it as a beacon of potential in the Bitcoin ecosystem.\nAbout Hashrate Asset Group\nHashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.\nWebsite:https://www.hagsto.com/\nTwitter:https://twitter.com/HashrateAsset\nTelegram:https://t.me/HashrateAsset\nMedium:https://medium.com/@HAGSTO\nYoutube:https://www.youtube.com/@HashrateAssetGroup\nCompany: Hashrate Asset Group\nContact Person: Alpaga YANG\nEmail: [email protected]\nWebsite:https://www.hagsto.com/\nTelephone: +65 80388730\nCity: Singapore\nDisclaimer:The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.\nCONTACT: Alpaga YANG Hashrate Asset Group contact at hagsto.com", "Singapore , March 23, 2024 (GLOBE NEWSWIRE) -- HAG, the first-ever SEC-filed security token specializing in Bitcoin mining and offering monthly WBTC net yield distribution, has announced a series of significant milestones. These advancements highlight HAG's commitment to setting new benchmarks in transparency and value for investors in the Bitcoin mining domain.\nDeployment Marks the Beginning of Mining Operations\nThe deployment of S21 mining machines in a US-based facility on February 1st marked HAG's official entry into Bitcoin mining. This strategic move is a testament to HAG's ambition to eme Last 60 Days of Bitcoin's Closing Prices: [39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-23 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,272,956,394,725 - Hash Rate: 650999450.2580782 - Transaction Count: 326610.0 - Unique Addresses: 622559.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite all the hoopla surroundingBitcoin(CRYPTO: BTC)and the new spot Bitcoin ETFs, the overall crypto market has been trading flat to down for much of the year. In fact, if you take a look at the top 20 cryptocurrencies by market cap, there is only one that's up more than 20% for the year. Most likely, the name of that crypto will surprise you. It'sChainlink(CRYPTO: LINK), now up 21% in 2024. On the strength of that recent performance,Chainlinkhas now edged outDogecoin(CRYPTO: DOGE)to become the #10 cryptocurrency by market cap. At a price of just under $20 per token, Chainlink is close to hitting a two-year high. So is this overlooked cryptocurrency now worthy of a place in your portfolio? First, let's look at why Chainlink has been soaring of late. While it's possible to point to several short-term technical factors pushing Chainlink higher, the token may finally have a new long-term catalyst in place. That catalyst is real-world asset tokenization, or RWA tokenization. That's a mouthful, to be sure, but it has the potential to become one of the most important trends powering the blockchain space for years to come. Simply stated, RWA tokenization refers to the process of transforming traditional assets (such as stocks and bonds) into digital assets that live on the blockchain. This is now one of the "big ideas" on Wall Street, and it has been promoted by the likes of Larry Fink, the CEO of investment juggernautBlackRock(NYSE: BLK). At the same time,Coinbase Global(NASDAQ: COIN)has been taking early steps to see how these tokenized assets might be added to its crypto trading platform. According to the Boston Consulting Group (BCG), asset tokenization could be a $16 trillion market opportunity by 2030. So the big question becomes: Which cryptocurrencies are going to be at the center of that trend? According to a recent report from K33 Research, the "safest bet" right now is Chainlink. That's because Chainlink is ablockchain oracle network, with the primary purpose of supplying real-world data to blockchain smart contracts. And what do financial assets need to be priced correctly? Lots of real-world data. That's why Chainlink fits so nicely into the overall asset tokenization narrative. While this sounds like the makings of a fantastic investment thesis, my only concern is that we've seen this story before with Chainlink. During the last crypto bull market rally, in 2020 through 2021, Chainlink was at the very center of the decentralized finance (DeFi) trend. Since smart contracts are one of the cornerstones of DeFi, and since Chainlink supplies data to smart contracts, it only made sense that Chainlink would ultimately soar in value as the DeFi narrative gained steam. And indeed, Chainlink skyrocketed in value, from a price of $5 in March 2020 to a price of over $50 in May 2021. That's a tenfold return on investment in just over a year! But the price eventually collapsed to below $10, and traded there until last October (when the K33 Research report came out). For that reason, I'm not recommending Chainlink as the first crypto in your portfolio. It's simply too risky. But there is a potential role for Chainlink in terms of overall portfolio diversification. As we're seeing now, Chainlink is a rare crypto that can zig while the rest of the crypto market zags. Moreover, if the asset tokenization trend takes off, then Chainlink could provide enormous value to patient long-term investors. There's something very exciting about getting in early on a trend that could be worth $16 trillion. That being said, keep your expectations for Chainlink in check and maintain a long-term outlook. For now, Chainlink may be too risky and speculative for most investors. But it has certainly earned a place on my investment radar. If the asset tokenization trend really does take off, then Chainlink could soar well beyond its all-time high of $53. Should you invest $1,000 in Chainlink right now? Before you buy stock in Chainlink, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Chainlink wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of February 5, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Coinbase Global. The Motley Fool has adisclosure policy. Looking for a Bitcoin Alternative? This Overlooked Cryptocurrency Is Already Up 20% in 2024was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/y2kdisaster', 'Are there any good common legal psychedelics?', 15, '2024-03-23 00:08', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', 'I went to a smoke shop and asked if they had anything to get me high other than weed based products. The guy suggested some vape called shroomz, said if apparently felt like shrooms without visuals. I tried it and it was dead ass delta8, nothing more. \n\nJust wondering if there is a common legal psychedelic that may be weaker but similar. Like how delta8 is weaker legal weed. \n\nI used to do some synthetic shrooms a few years ago but I had to buy it from some Canadian website and pay with bitcoin… I’d rather get something more easily accessible. ', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', '1bld27y', [['u/Avatar_sokka', 16, '2024-03-23 01:51', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4szcm/', "Don't even bring up Datura, you don't wanna put ideas into people's heads, its extremely dangerous and even if it doesnt straight up kill you, it can cause permanent brain damage, psychosis, ptsd... There is never a reason for anyone to ever do Datura, period.\n\nThis isnt really towards you or anything, I just wanted to emphasize how insanely dangerous datura is.", '1bld27y'], ['u/swedgemite666', 18, '2024-03-23 02:23', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4xssx/', 'don\'t listen to any of these idiots telling you to take Salvia, datura, fly agaric, dxm, or "gas station weed". holy fuck any of those are a recipe for a bad time. shiity drugs.\n\nfind some real legal psychedelics here. I like their 4 ho met as its like a mix of mushrooms and lsd. very visual but not a huge mental load either', '1bld27y']]], ['u/pyalot', 'u/althornton2462 banned u/Veterinarian599', 31, '2024-03-23 00:09', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', 'u/althornton2462 banned u/Veterinarian599\n\nhttps://www.reddit.com/r/Bitcoincash/comments/1blci9w/ive_been_banned_from_rbtc_by_althornton2462/\n\nThe ban message was „ breaking Reddit ToS“ but no explanation. The user was not warned about what type of conduct they should abstain from. Reading their recent comments, I can guess what the offense was.\n\nThough it has me wondering, would they be treated this way if they where not extremely critical of the new mod team and u/althornton2462 in particular? Probably not. So there you go, the politicaly motivated purges by way of strict application of mod rules to undesirables have already begun, just like they did in r/bitcoin under u/theymos rule.\n\nWhat was that about erring on the side of free speech and no censorship in r/btc, ah you the sweet smell of hypocrisy.\n\n[vote here if u/althornton2462 should be removed as mod](https://www.reddit.com/r/btc/comments/1bl0f9b/poll_should_ualthornton2462_step_downbe_removed/)', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', '1bld2v3', [['u/LordIgorBogdanoff', 10, '2024-03-23 00:11', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4dpil/', "It's Joever.", '1bld2v3'], ['u/Alex-Crypto', 25, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f1il/', 'CENSORSHIP!!!! /u/althornton2462!!!!! /u/memorydealers!!!!!\n\nCENSORSHIP HAS BEGUN IN FULL!!!! Takeover complete.', '1bld2v3'], ['u/Alex-Crypto', 19, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f5bx/', 'CENSORSHIP!!!!!', '1bld2v3'], ['u/fiendishcrypto', 18, '2024-03-23 00:21', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f711/', 'Ok so what does attacking the sub mean?\nIsn’t that what the mods all agreed George Donnelly was doing? And then you removed that ban and tried to kick all the mods?\n\nThe hypocrisy. Free speech. \nSure. Free speech, if it suits you', '1bld2v3'], ['u/mojo_jojo_mark', 14, '2024-03-23 00:22', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4ffd6/', 'Ye, this is odd....what is going on.', '1bld2v3'], ['u/pyalot', 28, '2024-03-23 00:24', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4fpo2/', '1. Resign your mod position now\n2. You could have warned them about what you consider unacceptable (which is recommended modiquette) but I am not surprised your modiquette leaves much to be desired\n3. You where instructed by u/memorydealers to err on the side of free speech, tell me about how you applied that in this case?\n4. You cried the loudest about censorship, and yet, no mere hours later here you are, censoring. How does that work?', '1bld2v3'], ['u/pyalot', 23, '2024-03-23 00:28', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gcgc/', 'You attacked this subreddit, so… show yourself out?\n\nOoohhhwait, I understand. You just learned today that moderation isnt censorship, and that sometimes banning users is required? Awww, they grow up so fast, arent you a cutsy.', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:29', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gktv/', 'No. You die on this sword.\nYou don’t get to have it both ways.\nGeorge was doing exactly the same thing as what you are accusing the other person of doing.\n\nHe has been agitating and attacking it until he got his way. Why is that ok, and this isn’t?', '1bld2v3'], ['u/pyalot', 19, '2024-03-23 00:32', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4h0rc/', 'Which TOS did they break?', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hjb1/', 'r/btc and r/bitcoincash had a hostile takeover from a rogue mod who was 3 years absent. r/bitcoincash survived the attack due to u/thomaszander and u/shadowofharbringer. r/btc was not so lucky, as Roger removed all mods, placed the rogue mod as highest mod, and then George Donnelley was made mod with the most rights.', '1bld2v3'], ['u/Bagmasterflash', 14, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hmjz/', 'This in no way answers the questions put directly to you.', '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:38', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hyeo/', "> He was banned for openly attacking the sub which is against Reddit TOS. If you try to break reddit, you're gonna get banned.\n\nThat is your liberal interpretation. I say this user was protesting the moderators, specifically you. Not „attacking the sub“. You choose to interprete criticism on you as an attack on the sub…\n\nBtw. George attacked the sub, but for real. So…", '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:42', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4igxh/', 'Btw. how was your workday today? You liked it? Welcome to being an unpaid mod.', '1bld2v3'], ['u/SoulMechanic', 21, '2024-03-23 00:43', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4inqy/', "This does not bode well for the history and confidence that was built in this sub. Already banning people you don't agree with what the hell. I hope Roger wakes up soon. u/althornton2462 you need to stop making messes, you've already done enough of that, if you have any integrity at all you would be wise to remove yourself from moderating. If you think your actions are gonna go over well, you got rude awakening coming.", '1bld2v3'], ['u/pyalot', 14, '2024-03-23 00:53', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4k9qd/', 'Dont worry about it, the virtue signalers never answer questions or justify their behavior, because they know their behavior is indefensible.', '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 00:55', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4khu0/', 'Please, the three of you in r/bitcoincash. Do not relinquish any control. We are lucky to have dodged that bullet. Right now, don’t trust anyone!', '1bld2v3'], ['u/SoulMechanic', 13, '2024-03-23 01:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lok3/', "u/MobTwo was also added today which is a someone in good standing and a long history, I think we're in good hands so far.", '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lwyr/', 'Yeah modtwo is a great choice and lots of history.\nJust be ultra cautious. Unless you meet in person, you might be being tricked. Just keep your guards up, this is really funky.', '1bld2v3'], ['u/MobTwo', 11, '2024-03-23 05:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw5iumf/', 'I am not surprised /u/MemoryDealers because this is the Theymos situation all over again. I am not sure why you appointed a rogue mod team but a person has to be accountable for his own actions.', '1bld2v3']]], ['u/Ill-Veterinarian599', 'Roger Ver has gone full bunkers - he nuked the entire mod team of rbtc under the guise of "less censorship" and the new mods are already banning people they don\'t like', 48, '2024-03-23 00:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', "Seriously it's comedy gold. Either Ver got played by a scammer (it's happened before) or he's gone bonkers.", 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', '1bld7eb', [['u/Studstill', 24, '2024-03-23 00:52', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw4k34g/', 'Some thoughts, as one of the 7 billion people on Earth who don\'t give a fuck about any of this: \n\n\n1. Who is "Roger Ver" and how did he lose half his name? Car wreck? House fire?\n2. What was the last "not full bonkers" thing he\'s publicly done?\n3. We censor things all the time. I hate it when people say "I don\'t judge" you\'re missing a shit ton of words in that sentence for it to not result in nearly immediate death. This is why they made up the word "fascism", because using other words wrongly is wrong. Wrong is a great word. Everyone knows it. We censor things because they are wrong. Sometimes, get this, we get it wrong. Systems designed to purge purge too much. Systems designed to prevent purging too much prevent too much purging. Theres even 1 dude in a basement who\'s sitting there trying to prevent the purging too much prevention system from preventing too much purging. And for fucks sake we could be talking about "Do I swallow what I just coughed up or spit it out?" So, when fucking Nazis, or any other nameable group of shitheads that we\'ve arbitrarily decided are causing too much shitheadery, ( fucking shitheads, fuck) , say "Ben Shapiro" or "Tucker Carlson" start talking about being "censored" or "cancelled" they are crying about the process in general. They\'re impugning their critics as not rationally and plainly saying "Only shitheads like to hear the things coming out of your mouth, and see your face making them do so, and I am not a shithead, bra." Point being, anyone talking about censorship is being dramatic, either because they\'re a shithead, a pussy, or both. Subreddits aren\'t real, the government is the only thing that can protect us from each other, and I\'m sure Charlie Manson is still producing content, but I\'d rather they continue to deplatform him.\n4. What\'s with that dichotomy? \nA: Either he got scammed or he\'s insane! \nB: Head "Mod" in an online chat room changes who has "Mod" status. The newly empowered use their new empowerment. This is C N N', '1bld7eb'], ['u/amprok', 16, '2024-03-23 03:26', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw56mxa/', 'I have never heard of this guy until right now but this sounds pretty popcorn worthy.', '1bld7eb'], ['u/amyo_b', 13, '2024-03-23 03:55', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5ai8j/', "He is an interesting person. He was a big cheerleader of the forking of bitcoin cash from bitcoin. He was on the side back then of bitcoin being used as a currency. Someone used to post a joke post about Roger Ver interviewing whatever bankrupt crypto CEO (e.g. Machinsky, Johnson et al) mogul. Hi I'm Roger Ver and today I'm with... Always made me laugh. \n\nHe also spent time in prison for selling and storing fireworks without permits or any safety protocols that anyone could determine.", '1bld7eb'], ['u/dyzo-blue', 48, '2024-03-23 03:55', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5aj1w/', "He's been the source of much comedy gold\n\n- He used to call himself Bitcoin Jesus\n\n- He defended the financial proprieties of Mt Gox when all hell was about to break lose\n\n- He created a bitcoin fork that is still kind of in use, therefore proving that the whole 21m things is bullshit\n\n- He renunciated his US citizenship to avoid taxes, and then was shocked to find out he wouldn't be allowed back into the US for bitcoin conferences. [And so he'd show up at the conferences as his face in an iPad with wheels.](https://uncrate.com/p/2012/08/double-robot-xl.jpg)\n\n- Prior to bitcoin, he went to prison for selling illegal fireworks in California, and storing them in his apartment complex", '1bld7eb'], ['u/dyzo-blue', 20, '2024-03-23 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5d27r/', 'Here it is, straight from the foundation\n\nhttps://www.buttcoinfoundation.org/roger-vers-head/', '1bld7eb'], ['u/Gildan_Bladeborn', 17, '2024-03-23 04:56', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5i2xi/', ">Someone used to post a joke post about Roger Ver interviewing whatever bankrupt crypto CEO (e.g. Machinsky, Johnson et al) mogul. Hi I'm Roger Ver and today I'm with... Always made me laugh.\n\nAllow me to introduce you to the [Roger Verification Generator](https://buttcoinfoundation.org/rogerverification/).\n\n* I'm Roger Ver, long-time Bitcoin advocate and investor. Today, I'm at the Binance world headquarters in Unspecified decentralized location. I had a nice chat with Binance CEO, CZ, about their current situation. He showed me multiple bank statements, as well as letters from banks and lawyers. I'm sure that all the current money laundering on an industrial scale problems at Binance are being caused by the traditional banking system, not because of a lack of liquidity at Binance. The traditional banking partners that Binance needs to work with are not able to keep up with the demands of the growing Bitcoin economy. The dozens of people that make up the Binance team are hard at work establishing additional banking partners, that eventually will make dealing with Binance easier for all their customers around the world. For now, I hope that everyone will continue working on Bitcoin projects that will help make the world a better place.", '1bld7eb'], ['u/Rokey76', 15, '2024-03-23 07:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw5w0h1/', "That Mt Gox video is hilarious. He is clearly reading something out loud, and isn't a strong reader.", '1bld7eb'], ['u/Rokos_Bicycle', 25, '2024-03-23 08:17', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/kw611q5/', '> Who is "Roger Ver" and how did he lose half his name? Car wreck? House fire?\xa0\n\n\nHis full name is Roger Verified but he lost it in the Mt Gox collapse', '1bld7eb']]], ['u/ramdmc', 'Old wallet help', 21, '2024-03-23 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/', 'I\'ve searched and most posts are for wallets with seed phrases, which doesn\'t apply here.\n\nBack in 2011, when I was done playing WoW for the night, I\'d flip on a pool mining program to mine this cool revolutionary currency they called Bitcoin. Sometimes I\'d end up with 0.6-0.8 BTC per night. It was neat, was worth real money, something like $5. Ended up selling a bunch when it hit $10. Boy do I regret that.\n\nJust this week, I\'m going through a box of old hard drives, checking their contents, I see a Bitcoin folder. My heart stops. There\'s a wallet.dat. Ngl, been researching on how to recover this wallet for 2 days now and I get a "wallet is corrupt" message when I try to import. I have the whole folder with a bunch of other files (.lock, _db.001-006, bunch of .dat files and the wallet.dat). \n\nMy Bitcoin Core is synchronizing to the blockchain, currently 6 years to go. I\'ve freed up 120GB of disk space just in case. Do I need to wait until it\'s synced up before I try importing the wallet.dat file? I\'ve already backed it up in a few different places. I doubt there\'s more than 10 BTC if any but I need to know.\nAny advice would be so appreciated.\n', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/', '1bldnr7', [['u/Wsemenske', 10, '2024-03-23 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bldnr7/old_wallet_help/kw50its/', 'Old wallet posts\xa0counter: now 15\n\nhttps://www.reddit.com/r/Bitcoin/comments/1bd1ioq/i_found_this_walletdat_file_on_an_old_laptop/\n\nhttps://www.reddit.com/r/Bitcoin/comments/16jdnm0/have_a_12_gb_bitcoin_folder_back_from_2015_help/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/15r4fvv/i_found_an_old_drive_with_a_blockchain_folder_on/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/10sjfrs/found_old_walletdat/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/ston4z/i_think_i_found_an_old_bitcoin_wallet_key_but_no/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/16i5gyz/found_an_old_walletdat_from_2011_cant_open_it_to/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/10x9yov/help_with_old_walletdat_recovery_second_post_on/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/172ectu/walletdat_question/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/1ae0h2r/2013_keys_found_not_sure_what_to_do/\xa0\n\nhttps://www.reddit.com/r/Bitcoin/comments/1adiul9/comment/kk2l0z5/\n\nhttps://www.reddit.com/r/Bitcoin/comments/15aiz90/found_lost_bitcoin_and_other_wallets_information/\n\nhttps://www.reddit.com/r/Bitcoin/comments/144m4aw/i_actually_found_a_private_btc_keycold_wallet_on/\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/zm5h5b/i_found_my_old_bitcoin_wallet_paraphrase_how_can/\n\nhttps://www.reddit.com/r/Bitcoin/comments/1aj0eb9/can_i_recover_this_bitcoin_i_lost/\n\nSurprising how often these kinds of post are reported to happen', '1bldnr7']]], ['u/Alex-Crypto', 'CENSORSHIP IN FULL FORCE', 30, '2024-03-23 00:35', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/', 'BCH Orgy post was removed. It was completely on topic. IT HAS BEEN CENSORED!!! Users already being banned.\n\nHostile takeover complete. RIP this sub. 🪦 \n\nGoing to await my ban as this becomes the next /r/bitcoin\n\n/u/memorydealers please remove this power trip mod and reinstate the old mods.', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/', '1bldov9', [['u/ImageJPEG', 10, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4hjs1/', 'I wanted my god damn tokenized aids!', '1bldov9'], ['u/fiendishcrypto', 23, '2024-03-23 00:41', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4iaot/', 'Ah, so we do remove posts here, despite them not breaking any Reddit TOS?\nSo… censorship is ok? \nI’m a little confused, maybe you could walk us all through the logic of how that wasn’t ok, but the bile and continuous attacks from GD were OK?', '1bldov9'], ['u/LovelyDayHere', 13, '2024-03-23 00:44', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4is24/', 'FREE SPEECH ORGY', '1bldov9'], ['u/pyalot', 34, '2024-03-23 00:57', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4ksxz/', 'No, no you dont understand. You see, when 3-year absentee mod u/althornton2462 saw mods doing their job, it was censorship. But now that it is u/althornton2462 job, it is moderation.\n\nYou clear? Yea me neither.', '1bldov9'], ['u/PilgramDouglas', 11, '2024-03-23 02:37', 'https://www.reddit.com/r/btc/comments/1bldov9/censorship_in_full_force/kw4zt5m/', '/u/mobtwo hey.. found a bot!.. wait.. nvm... bots are allowed, nay, encouraged! Thank you /u/althornton2462 /s', '1bldov9']]], ['u/creosoterolls', 'I’ve just gone all in. ', 47, '2024-03-23 00:39', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/', 'I finally decided it was time to stop messing around and just went all in today. I bought another 62 shares taking my total to 80 shares at an average purchase price of around $1345. \n\nI think Bitcoin will reach in excess of $250k per coin sometime next year. If so, my MSTR stock should 🚀. \n\nGive me some hopium please 🙏 ', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/', '1bldsg9', [['u/kbty824', 18, '2024-03-23 01:07', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/kw4mcbv/', "I went all in at an avg of 600$ with 60K invested.... My bag is now 160k+ and I ain't selling until the trading multiple hits 6x!!! 🤑🤑. Don't be scared of FUD surrounding this stock. Most ppl don't even know how to factor in trading multiples when determining the true value versus premium. Just hold and enjoy the fireworks when Bitty takes off north of 100k!!", '1bldsg9'], ['u/speedingmedicine', 10, '2024-03-23 02:24', 'https://www.reddit.com/r/MSTR/comments/1bldsg9/ive_just_gone_all_in/kw4xvs2/', 'Went all in back in September with my retirement accts. 100% MSTR allocated. Ive made a ton so far but have no plans on selling anytime soon .', '1bldsg9']]], ['u/scapecrafter', '$100/KAS in 8 years', 46, '2024-03-23 00:48', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/', 'Based on the Kaspa Power Law trend, it forecasts $100 per KAS in 8 years. \n\nLikewise for Bitcoin, it forecasts $1M per BTC in 8 years. Analysts agree. It is only a matter of time.\n\n...\n\nIn 15 years, the trend says $1000 per KAS.\n\nKaspa is the first currency in mankind to have solved the FINANCIAL trilemma.\n\nThe trend does not lie for the best.\nIt is only a matter of time.\n\n🥂\n\n\nP.S. if you hate the dollar as much as me, look forward to something like 1 BTC = 500 KAS. This would keep Bitcoin dominance, whereas 1 BTC = 1000 KAS would rule Kaspa as the new king.', 'https://www.reddit.com/gallery/1bldzbi', '1bldzbi', [['u/Salty-Constant-476', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4ltop/', 'Bitcoin did it. So all coins will do it.\n\nFfs.', '1bldzbi'], ['u/scapecrafter', 12, '2024-03-23 01:44', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4rzta/', 'RemindMe! 8 years "Pour one for the Kaspa homies that didn\'t believe."', '1bldzbi'], ['u/No_Balls_No_Glory', 18, '2024-03-23 01:46', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4sdkf/', 'I stopped buying coffee from the shops and DCA daily into Kaspa', '1bldzbi'], ['u/scapecrafter', 10, '2024-03-23 02:03', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw4usi1/', 'RemindMe! 10 years "Let\'s see who\'s laughing... 😁👍"', '1bldzbi'], ['u/Frequent_Guest_247', 11, '2024-03-23 03:26', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw56oj4/', "It's too early for me to take the power law seriously for Kaspa.\n\nMaybe, maybe for Btc but not yet for Kas. It'd be nice though and I hope over the next 5 years it will work.", '1bldzbi'], ['u/Esuuuuu', 13, '2024-03-23 13:35', 'https://www.reddit.com/r/kaspa/comments/1bldzbi/100kas_in_8_years/kw6s28f/', 'if it really reaches 100$ in 8 years I record a video of me drinking my pee and post it here 👀', '1bldzbi']]], ['u/lolnbdftw', '$150--->$2000+ 7 Days', 102, '2024-03-23 00:55', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/', 'Deposited 150 in bitcoin and withdrew 1500 with 500 still in the account. Second time this month getting 10x+ bagger\n\nAll pin point entries off of the one minute time frame ', 'https://v.redd.it/nhugavvn4zpc1', '1ble538', [['u/lolnbdftw', 29, '2024-03-23 00:58', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/kw4kxkv/', 'Could have done better honestly were a couple times I fat lingered buys on Palantir stock and PayPal stock without looking at the awful spreadsheet, losing about $400 in the process', '1ble538'], ['u/lolnbdftw', 15, '2024-03-23 04:55', 'https://www.reddit.com/r/Daytrading/comments/1ble538/1502000_7_days/kw5i0on/', "Babypips.com\n\nDemo trade but don't fall in love with your demo results it doesn't simulate real trading its like training wheels on a bike \n\nRisk only what you can lose and consider your deposit already gone when you deposit it, ie don't get emotional or go over your personal risk tolerance \n\nThe market is not an ATM, it doesn't care how much money you want or need\n\nGet good using low time frame charts for entries do not listen to anyone who says that the one minute chart is just noise they are garbage traders who love to see red, I love to see blue", '1ble538']]], ['u/mdizak', "Now that AI is here, isn't it funny everyone shut up about how environmentally unfriendly bitcoin is?", 136, '2024-03-23 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/', "Trying to benefit humanity by helping provide the masses more personal financial freedom and stability, while taking away authority from large financial institutions and governments? It takes too much energy, you're ruinging the world!\n\nRacing towards developing an army of super intelligent psychopaths void of any empathy or emotion? Awesome, let's see how many billions in vestments we can get you.\n\nFunny how that works, eh?", 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/', '1blftl4', [['u/4xfun', 24, '2024-03-23 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw4ypzz/', 'People are dumb as fuck. Idiocracy is just around the corner', '1blftl4'], ['u/mlhender', 39, '2024-03-23 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw55aer/', 'Michael Saylor spoke about this just recently. He is crediting AI With sucking all of the FUD oxygen out of the conversation. He pretty much nailed it:\n\n“If you look at AI, a lot of these hyper scalers are looking to scale up 60 gigawatts this year, and they’re wanting to go to 600 gigawatts within a decade, so what’s going to happen is they’re going to inherit all of the energy FUD [fear, uncertainty and doubt] that we used to have.”', '1blftl4'], ['u/mdizak', 16, '2024-03-23 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5esvm/', "Seen an interview with Sam Altmon recently where this issue was brought up. No mention of trying to conserve energy, make things more efficient or anything of the like, but instead just nonchalantly said it's no problem because we just need to crack nuclear fusion and we'll be good to go for power consumption.", '1blftl4'], ['u/Seeders', 27, '2024-03-23 06:37', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5sorq/', "AI isn't anywhere near the energy consumption of bitcoin. \n\nThat said, energy consumption isn't bad for the environment. Dirty energy generation is.", '1blftl4'], ['u/Seeders', 15, '2024-03-23 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw5sr9i/', "As if that's any different than natural intelligence.", '1blftl4'], ['u/cndvcndv', 14, '2024-03-23 10:47', 'https://www.reddit.com/r/Bitcoin/comments/1blftl4/now_that_ai_is_here_isnt_it_funny_everyone_shut/kw6chcq/', "No, not really. You can't put wind tirbunes wherever you like and use that energy wherever you like. The transportation and storage of energy is a huge problem. Bitcoin's rules incentivize 0 opportunity cost energy", '1blftl4']]], ['u/DangerHighVoltage111', 'Are there modlogs for r/bitcoincash', 18, '2024-03-23 02:27', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/', "I'm blind or too tired to find them.", 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/', '1blg4fu', [['u/SoulMechanic', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/kw58bza/', "There should be, but the rouge mod may have changed it, I'm not sure yet. Will take some time to check. Last couple years things have been changing on Reddit on the backend too, I'll see what I can do.", '1blg4fu'], ['u/SoulMechanic', 11, '2024-03-23 04:29', 'https://www.reddit.com/r/Bitcoincash/comments/1blg4fu/are_there_modlogs_for_rbitcoincash/kw5etwo/', "\\Update - ok the bot for this seems to be broken. I'll keep searching to see if there is a way to fix this.", '1blg4fu']]], ['u/Salty145', 'The Boomers were right...', 655, '2024-03-23 02:32', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/', "I've tried to deny it for years, but I think its about time to accept that the boomers were right and I should have listened to them. I should have invested in real estate after the 2008 housing crash instead of licking glue and in Bitcoin in 2011 instead of learning basic arithmetic. If I had only done that then things for me wouldn't be nearly as bad as they are now.\n\nHow could I be so stupid?", 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/', '1blg8o9', [['u/greengiant333', 277, '2024-03-23 03:12', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw54o71/', 'Our whole generation is just absolutely dumb for not investing. Just absolutely stupid', '1blg8o9'], ['u/TheYoungCPA', 20, '2024-03-23 03:32', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw57fz2/', 'Everyone reading this can be a millionaire (inflation adjusted) by retirement I can prove it out', '1blg8o9'], ['u/ex0thrmic', 115, '2024-03-23 03:53', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5a6hn/', "I would've invested but in 2008 I was 7 and in primary school lmao", '1blg8o9'], ['u/Sad-Rent-9633', 15, '2024-03-23 04:13', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5cu70/', 'Because boomers know about bitcoin', '1blg8o9'], ['u/Adventurous_Post_705', 32, '2024-03-23 04:20', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5dqu6/', 'Fr, I shoulda been reading up on my local zoning laws instead I was 4 and barely able to put a sentence together', '1blg8o9'], ['u/Big_Albatross_3050', 121, '2024-03-23 04:23', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5e181/', 'ikr, why tf was I learning algebra in 4th grade instead of buying a house?', '1blg8o9'], ['u/IEatKids26', 74, '2024-03-23 04:26', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5efuv/', 'I should have invested in 2008 instead of being a dumbass fucking baby.', '1blg8o9'], ['u/Waifu_Review', 22, '2024-03-23 04:31', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5f12s/', "You joke but they were born with a silver spoon though theyll deny it so they assume everyone else was and if they don't succeed its because of some flaw of morals.", '1blg8o9'], ['u/throwaway1626363h', 17, '2024-03-23 04:47', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5h1mu/', "I should've been buying houses instead of being 3 😔", '1blg8o9'], ['u/greengiant333', 64, '2024-03-23 05:02', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5iu1p/', 'Algebra? Man you should’ve been buying stocks and diversifying your portfolio, what’s wrong with you? lol', '1blg8o9'], ['u/Salty145', 19, '2024-03-23 05:08', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5jjn4/', 'Instead of crying and whining after being born like a loser, you should have reached for the nearest landline and called up a real estate broker.', '1blg8o9'], ['u/ikiss-yomama', 19, '2024-03-23 05:10', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5jq85/', '“You’re pathetic, in 2008 I was 64. Kids these days need to grow up” -Boomer', '1blg8o9'], ['u/sahara4114', 18, '2024-03-23 05:27', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5lmez/', 'We’re so lazy it is unimaginable', '1blg8o9'], ['u/TomDrawsStuffs', 27, '2024-03-23 06:10', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5q1to/', 'if we kill all the current billionaires and split up the cash? good thinking', '1blg8o9'], ['u/Inevitable_Long_6890', 12, '2024-03-23 06:59', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw5uoh2/', 'You have my attention sir lol', '1blg8o9'], ['u/syrupgreat-', 18, '2024-03-23 13:16', 'https://www.reddit.com/r/GenZ/comments/1blg8o9/the_boomers_were_right/kw6pwim/', 'we didn’t have the sigma male grindset mindset gurus back in our day 😩', '1blg8o9']]], ['u/timcooksdick', 'What if.. it’s all true and we are on the cusp of new ATHs', 57, '2024-03-23 02:36', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/', 'What if we are* at “that point” on the chart where it dipped after a spike and then went parabolic? What if BTC having recently broken ITS all-time-high is now signaling an alt season? Let alone the things on the horizon (BTC halving, X adoption, etc), what if it’s that simple and we’ve seen these signs before? ', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/', '1blgbek', [['u/chlekrdsh', 13, '2024-03-23 02:43', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw50krg/', 'the conditions are actually perfect for Doge right now,, we just gotta hold & hope for the best', '1blgbek'], ['u/Remote-Novel3479', 18, '2024-03-23 03:32', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw57gqv/', 'What if your aunt had a penis', '1blgbek'], ['u/Real-Importance767', 11, '2024-03-23 03:33', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw57ja7/', 'BTC halving is like 30 days away. We are already at that point where we will see new ATHs for all altcoins.', '1blgbek'], ['u/timcooksdick', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw588hv/', 'I’ve wondered this myself', '1blgbek'], ['u/Astronomer_Civil', 16, '2024-03-23 04:02', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw5bexp/', 'Doge staying at .12 and above is a good sign imo. Think we have potential for great growth. \n\n1 doge = 1 doge', '1blgbek'], ['u/OzZVidzYT', 12, '2024-03-23 05:20', 'https://www.reddit.com/r/dogecoin/comments/1blgbek/what_if_its_all_true_and_we_are_on_the_cusp_of/kw5ktgf/', 'i’m not selling. i like the coin.', '1blgbek']]], ['u/MemoryDealers', "Can't you guys just all agree to allow each other to talk about crypto here? (New moderation updates)", 36, '2024-03-23 02:58', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/', "It seems like every time someone on the internet gets a taste of power, they try to abuse it. \n\nI reinstated the user who was recently banned, and removed both George Donnlley and Althornton as mods. I hope the remaining mods can continue to allow FREE AND OPEN DISCUSSION ABOUT ALL THINGS CRYPTOCURRENCY RELATED. \nFor now, BitcoinisTehFuture has my full blessing to run this sub however he wants as long as free speech is allowed to continue. (That includes adding or removing other mods)\n\nI DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE.\n\nI'm also super annoyed that this has taken up so much of my time the last few days. \nPlease take care of things without contacting me about every little detail. \nI've done enough for crypto already and don't need this kind of stupidity in my life.", 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/', '1blgr0q', [['u/Alex-Crypto', 24, '2024-03-23 03:10', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54er5/', 'Thanks, Roger.', '1blgr0q'], ['u/LovelyDayHere', 11, '2024-03-23 03:12', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54ovo/', 'The post seems to have been duplicated.\n\nI suggest you remove one of them or have one of your mods do it, so that the discussion can be discussed.', '1blgr0q'], ['u/pyalot', 34, '2024-03-23 03:14', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw54yc7/', "> It seems like every time someone on the internet gets a taste of power, they try to abuse it.\n\nTook you a long while to figure that out…\n\n> I reinstated the user who was recently banned, and removed both George Donnlley and Althornton as mods\n\nBravo.\n\n> For now, BitcoinisTehFuture has my full blessing to run this sub however he wants as long as free speech is allowed to continue\n\nThey are both in cahoots. u/BitcoinisTehFuture is as much culpable in this dumpster fire. I think your blessing is misplaced.\n\n> I DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE.\n\n> I'm also super annoyed that this has taken up so much of my time the last few days.\n\nShould have thought about that before you purged all hard working mods, turned this sub into a dumpster fire on the drama that a virtue signaling 3-year absentee mod who acted badly created no?\n\nThis is the mess you created, it is your responsibility to clean it up.", '1blgr0q'], ['u/SoulMechanic', 33, '2024-03-23 03:17', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw55cqd/', "After having to deal with the mess althornton2462 caused for the last 2 days in r/Bitcoincash. Let's be fair here, it was you who installed him as high tier moderator here was it not? and then you left. It was a very bad idea to give an account that was inactive for 3 years, and just tried to remove 4 mods from r/Bitcoincash any level of moderation here. Part of this was your fault. I'm sorry you don't have time for this but neither do many of us.\n\nGoing forward, don't make quick changes like that ever, especially with someone who has no history of commenting or moderating. You have no idea how much BS us active mods have to deal with. Just speaking for the active mods that have worked here for free, they should be given a level of respect for good work done. They absolutely have my thanks and respect.", '1blgr0q'], ['u/Late_To_Parties', 12, '2024-03-23 03:38', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw588b5/', 'Thanks Roger, and thanks to the mods!', '1blgr0q'], ['u/LovelyDayHere', 13, '2024-03-23 03:42', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw58sk7/', "> ALL THINGS CRYPTOCURRENCY RELATED.\n\nThat is honestly not a bad choice (imo + maybe). Compete directly with r/CryptoCurrency.\n\nI don't know where free Bitcoin discussion will take place, but I'll be over in r/BitcoinCash since I'm simply not much interested in many other coins, and if I was, most of them have their own dedicated subs.\n\nThis policy is going to make life more difficult for the remaining subs, I am almost sure, since the scope is so vast.\n\nLong live peer to peer electronic cash, and thanks for supporting crypto, Roger.", '1blgr0q'], ['u/fiendishcrypto', 24, '2024-03-23 06:14', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw5qgsu/', 'Well done Roger for taking zero responsibility for the mess you created. I am not sure why you are so annoyed at the work you created yourself. You had a mod team who were working 24\\7 to keep this sub running without your involvement. You could have communicated with or have given them some more guidance if you felt it wasn’t keeping to the ideas you wanted the subreddit to have.\n\nIf you want this sub to be EXACTLY to your ideals, sorry, you need to stay and be active on some level. If not, then you need to TRUST the judgement of the MODERATORS.\n\nWhat you can’t do, is be inactive, then just come back and nuke your team of mods when some aggressive pundit, who keeps attacking the sub and community, screams out on social media.\n\nThank you for listening to my advice and taking the needed steps to help diffuse the situation.\nEven though I am disappointed that you can’t see that this was entirely YOUR mess that YOU created by nuking your entire team without any consensus or discussion, I do appreciate everything you have done in the past for BCH and think you have deserved more than most of us to return to normal life for a well deserved rest.\n\nOn that note, thanks for everything and bringing BCH this far and wish you all the best! And don’t worry, the rest of us will bring Bitcoin Cash world Adaption over the finish line, so you get to see the dream you help start be fully realised 😎', '1blgr0q'], ['u/fiendishcrypto', 10, '2024-03-23 06:58', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw5uldp/', 'The strength of money is exponentially related to the size of its network. P2P cash’s greatest chance of meaningful adoption requires as many people and places as possible accepting and using that coin.\n\nThat’s why I am a BitcoinCash maximalist and will also be jointing you at r/bitcoincash for keeping up to date with the lastest BCH Community News.', '1blgr0q'], ['u/cheaplightning', 12, '2024-03-23 09:10', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6548g/', 'This', '1blgr0q'], ['u/NilacTheGrim', 17, '2024-03-23 09:31', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw66oxc/', "Understood. For my part as a moderator: I'll do my very best to promote the ideals of free speech and reduce the likelihood of mod abuse, as best I can.", '1blgr0q'], ['u/Ill-Veterinarian599', 19, '2024-03-23 10:17', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6a3z0/', 'The absolute lack of self awareness:\n\n\n>\xa0 I\xa0DO NOT WANT AND DO NOT HAVE TIME TO BE AN ACTIVE MODERATOR HERE. I\'m also super annoyed that this has taken up so much of my time the last few days. Please take care of things without contacting me about every little detail. I\'ve done enough for crypto already and don\'t need this kind of stupidity in my life.\n\n\nOh so it turns out that moderation is super annoying and time-consuming and means you spend all your time fighting literally the most toxic people in the community and can\'t be reduced to a "no censorship" slogan?\xa0\n\n\nWho would have fucking thought.\n\n\nYou got involved in moderating for an entire day and oh poor you it\'s just too time consuming and abusive. You poor thing.\n\n\nMaybe try accessing your sense of empathy for the mods who put up with that stupidity every day for years - and for their payment, got fired.\n\n\nYour unjustified sense of indignation for a problem you helped create and your lack of apology to the mods you fired tells me that you haven\'t internalized what really went down here. Do better.', '1blgr0q'], ['u/Ill-Veterinarian599', 11, '2024-03-23 11:22', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6faif/', 'Great comment. Roger displays a real lack of self awareness in this post.', '1blgr0q'], ['u/Ill-Veterinarian599', 10, '2024-03-23 11:25', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6fjc4/', '> And hats off for you taking that responsibility\n\n\nWhere did he do that?', '1blgr0q'], ['u/mrjune2040', 11, '2024-03-23 13:05', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw6osf0/', 'Fwiw- that’s always been the case, both online and IRL (I’ve been unfortunate enough to be an co-investor in certain IRL projects). The ‘syndrome of me’ runs deep in the crypto guru history books.', '1blgr0q'], ['u/pyalot', 14, '2024-03-23 16:21', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw7fnvt/', 'The problem is:\n\n1. You acted in the same brash manner, just marginally toned down from althornton\n2. you backed althornton in everything they did/said 100%, both in posts and comments, and never distanced yourself from any of it\n3. althornton created a lot of drama and flung around unbased accusations\n\nThus you lent legitimacy to the drama, you helped fan it, and the outcome is now what it is. This is why I dont trust you, you acted in concert with althornton, and didnt step back to see what was going on, trying to contain the drama. This is why you are cuplable/complicit.\n\nBut take my advice, let it go, own up, take responsibility, apologize, build bridges.', '1blgr0q'], ['u/MinuteStreet172', 10, '2024-03-23 18:01', 'https://www.reddit.com/r/btc/comments/1blgr0q/cant_you_guys_just_all_agree_to_allow_each_other/kw7vzyp/', 'TL;DR:\n"I\nI\nI\nI\nI\nI\nI\nI\nI Roger\nI \nI\'m busy\nI\'ve done a lot for crypto, really\nI\nI\nI\n"', '1blgr0q']]], ['u/gonnadeleteso', 'moving from btc to bch', 28, '2024-03-23 03:11', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/', "can LN be done on BCH?\n\n\n\ndoes bch have OP\\_codes that BTC doesn't have enabled and would that help BCH perform better?", 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/', '1blh17s', [['u/Alex-Crypto', 18, '2024-03-23 03:38', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw589kw/', 'Yes and yes', '1blh17s'], ['u/LovelyDayHere', 12, '2024-03-23 04:52', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5hn8e/', "> can LN be done on BCH?\n\nDon't expect any of the current developers to implement LN for you on BCH.\n\nThere is simply no visible demand nor does it make sense taking into account BCH's roadmap as a massively scalable L1.", '1blh17s'], ['u/OlderAndWiserThanYou', 10, '2024-03-23 06:45', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5tdn9/', '> can LN be done on BCH?\n\nYes, but why would you want to?', '1blh17s'], ['u/2q_x', 11, '2024-03-23 07:07', 'https://www.reddit.com/r/Bitcoincash/comments/1blh17s/moving_from_btc_to_bch/kw5verq/', "bitcoin was written by one guy over the course of several months, and it's still working well as a payment layer 15 years later across several chains.\n\nLN has devoured centuries of dev time and hundreds of millions of development dollars over the last nine years... and it's always about 18 months from working.\n\n***\n\nLN is a premature optimization for a problem that didn't exist. \n\nAs an idea, it's extremely useful and effective as an indicator that someone shouldn't be given money, resources or direction over development, unless the goal is to sabotage a cryptocurrency, in which case LN is great.", '1blh17s']]], ['u/LowKooky2942', 'I’m a 26A/B… how do I even find a bra that fits for an adult woman?', 22, '2024-03-23 03:12', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/', 'For context I’m in my mid 20s. I thought I was a 32AA, but after inputting my measurements in the calculator, I’m a 26A/B, closest size is 28AA. There are already skepticism regarding the A/AA size, and tbh I don’t feel great reading all those posts especially when trying to find a bra/bralette brands. Most comments start with “are you sure you’re an AA cup?”, and not necessarily giving you the brand names. Most bras my size would be for teens. I don’t want those, I want some adult ones that would make me feel more womanly.\n\nSo… recommendations for IBTC that would actually fit my petite body?', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/', '1blh1vw', [['u/Dandelion212', 36, '2024-03-23 03:20', 'https://www.reddit.com/r/ABraThatFits/comments/1blh1vw/im_a_26ab_how_do_i_even_find_a_bra_that_fits_for/kw55vmq/', 'Just to double check, a 28” bust would generally mean a women’s XXS is too big for you — does that track with your experience? If not, you may want to double check your measuring tape.', '1blh1vw'], ['u/LowKooky2942', 11, '2024-03-23 03:32', 'http... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["There is no question that stocks have enjoyed a terrific rally since the end of October. That was when investors became convinced the Federal Reserve was done raising interest rates.\nThe Standard & Poor's 500 is up 27 percent since its Oct. 27, 2023, closing low. It's had 20 record closes this year alone.\nThe Nasdaq Composite Index is up 30.4% over the same time frame.\xa0The Nasdaq-100 Index is up 30%.\nAnd the Russell 2000 Index is up 26.6%.\nFed Chairman Jerome Powell said on Wednesday the central bank still expects to cut rates this year, maybe as many as three times on the expectation inflation is sustainably on its way to 2% a year.\nThere seems to be a consensus that the first cut is coming in June.\nAnd, of course, stocks shot up afterward.\nIf traders are right, is there a chance stocks will go, well, parabolic?\nRelated: Tesla stock slumps after startling China decision\nIf you search the Internet, you'll find a loud cadre of prognosticators saying tech stocks are in a bubble, and a crash or at least a serious pullback is imminent.\nGiven the big rally since October, the concern is understandable.\nSo far, however, markets overall aren't buying into the fears.\nWhat one often hears is the enthusiasm for all things artificial intelligence. Bulls argue that the development of AI is the biggest change coming to technology since the Internet became real in the mid-1990s.\nAnd AI may be setting off a bull run not unlike what we saw in the late 1990s.\n2024 is also a Presidential election year, when stocks typically rise about 6%.\nThat helps explain why the Dow Jones Industrial Average and Standard & Poor's 500 indices hit record highs on Thursday. The Nasdaq and Nasdaq-100 Index hit record closes on Friday.\nIt feeds into the interest in Reddit(RDDT). The\xa0social media company\xa0went public at $34 late Wednesday, and its shares jumped 48% to $50.44 on Thursday, its first day of trading. But Friday, however, Reddit fell 8.8% to $46.\nSpencer Platt/Getty Images\nPerhaps the worst scenario one can find from people who have watched markets is voiced by Jeffrey Hirsch, editor-in-chief ofThe Stock Traders Almanac.\nHirsch believes stocks may be flat for the next few months because it's time. Stocks typically see their best gains between November through April and pause until the fall, he notes.\nJon Markman, aSeattle financial plannerwho's bullish for for the foreseeable future, likes small cap stocks generally and the iShares Russell 2000 exchange-trade fund(IWM)and energy shares for the rest of the year.\nThis week may offer a hint of what's to come because investors and traders will have to make decisions largely absent of big, market-moving events. It's a four-day week because U.S. markets will be closed on Friday for Good Friday.\nSo, if momentum is driving markets you should see it before Thursday, if only because\xa0institutional investors will buy what's hot before trading ends for the first quarter, which is Thursday.\nMore AI stock news:\n• Analysts revamp C3.ai stock price targets after earnings\n• Analyst updates stock price target for Super Micro Computer\n• Analysts unveil new Nvidia price targets ahead of 'AI Woodstock' conference\nMeanwhile, there are a few earnings reports of note:\n• GameStop(GME), the world's largest video-game retailer, due Tuesday.\n• McCormick & Co.(MKC), the big merchant of spices, also on Tuesday.\n• Cruise line operator Carnival(CCL)on Wednesday.\n• Walgreens Boots Alliance(WBA), the big pharmacy chain. It was recently removed from the Dow and replaced by Amazon(AMZN).\nThe Commerce Department releases its monthly Personal Consumption Expenditures Price Index report on Friday morning.\nThe PCE is the Fed's favorite inflation indicator because it measures price changes on things people actually buy.\nThe consensus estimate is for the index to show a month-to-month increase of 0.4% in February down from 0.6% in January. The\xa0year-over-year rate likely rose slightly to 4.8%, projects FXStreet. That\xa0suggests, as Powell himself conceded last week, that the path to normalization in price gains will be bumpy.\nEconomists have been low side on inflation estimates lately. The surprisingly strong inflation numbers of late caused Jerome Powell to repeat his mantra that rate cuts will come when inflation is sustainably lower.\nWall Street took that to mean rates will come down. But as one analyst said last week, another high number creates a different conversation.\nThere are many bitcoin enthusiasts who see bitcoin and crypto currencies soaring through the end of the year.\nBitcoin has scuffled a bit of late. Yes, bitcoin has had a big year. It's up 52.6% for the year as of Saturday.\nBut it has fallen nearly 12% since its record close of $73,463 on March 13.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'In this piece, we will take a look at Cathie Wood\'s stock portfolio for 2024. If you want to skip our overview of Wood, her firm, and the latest news revolving around her hedge fund, then you can skip ahead toCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nIn contrast to some of the biggest hedge fund managers that aim to diversify their portfolios to capitalize on both growth and value stocks, Cathie Wood and her hedge fund,ARK Investment Management, are purely focused on growth and investments in "technologically enabled innovation that cuts across economic sectors and changes the way our world works." The firm\'s investment strategy encompasses themes such as Autonomous Technology, Robotics, Artificial Intelligence (AI), Blockchain Technology, Multi-Omics, Space Exploration, and Energy Storage. While her funds have garnered attention for their innovative approach, they have also experienced mixed results over the years, with some describing them as rollercoaster rides. ARK Invest experiencing one of its most successful years since its inception in 2017, achieving an impressive 87.4% gain propelled by a 1,300% surge in Grayscale Bitcoin Trust. This performance coincided with Bitcoin reaching record highs of $20,000 per coin.\nHowever, it was in 2020 that Wood established her reputation on Wall Street, delivering a massive 152.5% gain with her flagship fund amidst the pandemic. The fund achieved this by investing in stocks associated with "disruptive innovation," such as Teladoc Health, Inc. (NYSE:TDOC) Roku, Inc. (NASDAQ:ROKU), and Zoom Video Communications, Inc. (NASDAQ:ZM). In addition, Wood\'s ARK Innovation (ARKK) exchange-traded fund (ETF) emerged as the top-performing global equity fund that same year with at least $1 billion of assets. However, as the high-flying pandemic stocks experienced a subsequent downturn, Wood\'s flagship fund underperformed the S&P 500 index by more than 30 basis points in both 2021 and 2022. In addition, the ARKK ETF sharply underperformed the Nasdaq in 2021, closing down 24% compared to the Nasdaq\'s 21.4% advance. This underperformance persisted in 2022, with the ARKK ETF plummeting 67% versus the Nasdaq\'s 33.1% annual loss. However, there was a notable turnaround in 2023, with the ARKK ETF rebounding strongly, posting a 67.6% gain. The tech sector, in particular, faced challenges following the Federal Reserve\'s decision to pursue an aggressive interest rate-hiking campaign last year.\nIn January 2024, Cathie Wood made headlines again when she raised her bullishestimatefor Bitcoin\'s price to $1,500,000 by 2030, marking a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States, which she views as a green light for the cryptocurrency. On the other hand, the hedge fund manager also anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hash rate, long-term holder supply, and addresses with a non-zero balance.\nHereis what the hedge fund manager had to say to after the SEC\'s Bitcoin ETF approval:\nTypically in a situation like this where there are a lot of competitors, the market consolidates. So we would expect that to happen. We hope and trust that we will be one of the winners. And I think from our pint of view we have some competitive advantages. A lot of people are talking about fees, and I\'ll get to that. But there are three competitive advantages that i think are very important. One, our infrastructure and operations. Our partner 21shares has built this infrastructure, and then operating 40 different funds through booms and busts, through halvings and forks, and airdrops and you know through periods that the ETF industry just has never seen. So our infrastructure is battle tested. The second is research. As you know we give all of our research away. Our first blog on Bitcoin was the year of our founding, 2014. Our first whitepaper, Bitcoin Couldn\'t Serve The Three Roles of Money, we did in collaboration with Art Laffer. In 2015. We gained our first exposure in Bitcoin at $250 and have never left it.\nWith these details in mind, let\'s take a look at some of the best stocks in Cathie Wood\'s stock portfolio. Some notable names in this list include Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), among others.\nCathie Wood of ARK Investment Management\nOurMethodology\nWe selected the following 10 stocks from Cathie Wood’s ARK Invest portfolio as of Q4 2023. We have also mentioned the hedge fund sentiment towards each stock, which was assessed from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the last quarter of 2023. The list is arranged in ascending order of the number of ARK Invest’s stake value in each holding.\nHedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund Investors: 38\nArk Investment\'s Q4 2023 Investment Value: $498.4 million\nUnity Software Inc. (NYSE:U) is a San Francisco-based American video game software development company. Originally established in Denmark in 2004 as Over the Edge Entertainment, it underwent a name change in 2007. The company oversees a platform that provides software solutions for creating, managing, and monetizing interactive, real-time 2D and 3D content tailored for mobile phones, tablets, PCs, consoles, and AR/VR devices.\nAs of the end of the fourth quarter of 2023, 38 hedge funds tracked by Insider Monkey had stakes in Unity Software Inc (NYSE:U). The most notable stake in Unity Software Inc (NYSE:U) is owned by Jim Davidson, Dave Roux and Glenn Hutchins’s Silver Lake Partners which owns a $1.4 billion stake in Unity Software Inc (NYSE:U).\nMuch like Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), Cathie Wood holds one of the biggest positions in Unity Software Inc. (NYSE:U).\nNumber of Hedge Fund Investors: 26\nArk Investment\'s Q4 2023 Investment Value: $534.36 million\nCRISPR Therapeutics AG (NASDAQ:CRSP) is a biotechnology company with dual Swiss–American headquarters located in Zug, Switzerland. Pioneering the use of the CRISPR gene editing platform, the company focuses on developing medicines for a range of rare and common diseases.\nIn January, Vertex Pharmaceuticals (NASDAQ:VRTX) announced that the US FDA had approved its groundbreaking gene editing therapy, Casgevy, developed in collaboration with CRISPR Therapeutics AG (NASDAQ:CRSP), for individuals aged 12 years and older diagnosed with transfusion-dependent beta-thalassemia (TDT).\nOut of the 933 hedge funds included in Insider Monkey’s Q4 2023 database, 26 had purchased shares of CRISPR Therapeutics AG (NASDAQ:CRSP). Catherine Wood’s ARK Investment Management emerged as the largest investor with its $325 million investment.\nNumber of Hedge Fund Investors: 47\nArk Investment\'s Q4 2023 Investment Value: $540.96 million\nTwilio Inc. (NYSE:TWLO), headquartered in San Francisco, California, is an American company that offers programmable communication tools, facilitating various communication functions through its web service APIs, including making and receiving phone calls and sending and receiving text messages.\nOn January 8, Twilio Inc. (NYSE:TWLO) announced the appointment of a new CEO and shared optimistic forecasts for the upcoming quarter. The company expects its fourth-quarter guidance, initially outlined on November 8, to exceed expectations, with adjusted earnings projected to range from 53 to 57 cents per share and a revenue outlook of $1.03 billion to $1.04 billion.\nAs of the end of December 2023, 47 out of the 933 hedge funds included in Insider Monkey’s database had invested in Twilio Inc. (NYSE:TWLO). The largest investor was David Blood and Al Gore’s Generation Investment Management, with ownership of 8.5 million shares valued at $645 million.\nNumber of Hedge Fund Investors: 50\nArk Investment\'s Q4 2023 Investment Value: $544.35 million\nRoblox Corporation (NYSE:RBLX), a leading online entertainment platform known for facilitating game creation, represents one of the most advanced iterations of a functional metaverse today. With an impressive user base of 50 million daily active users, Roblox Corporation (NYSE:RBLX) goes beyond traditional video gaming, incorporating its digital currency and offering a diverse range of unique virtual experiences.\nAccording to Insider Monkey’s study covering 933 hedge funds, 50 had held a stake in Roblox Corporation (NYSE:RBLX). The largest investor was ARK Investment Management, which owned 11.9 million shares valued at $544.35 million.\nIn addition to Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), Roblox Corporation (NYSE:RBLX) ranks as one of ARK Invest’s top picks.\nNumber of Hedge Fund Investors: 41\nArk Investment\'s Q4 2023 Investment Value: $788.46 million\nZoom Video Communications, Inc. (NASDAQ:ZM), headquartered in San Jose, California, is a communications technology company that gained significant traction during the pandemic, becoming a household name during lockdowns. Now, Zoom Video Communications, Inc. (NASDAQ:ZM) is focused on introducing several essential features for businesses, including word processing capabilities and increased utilization of artificial intelligence to enhance its flagship video conferencing service.\nOver the past year, Zoom Video Communications, Inc. (NASDAQ:ZM) has surged by over 13%, driven by positive announcements and solid numbers released during the company’s recent Q4 2023 earnings report. Projections for Q1 2024 earnings per share indicate $1.18 per share of adjusted earnings, with revenue expected to spike to $1.125 billion, signaling strong growth for the video communications leader.\n41 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database were the firm’s shareholders. Zoom Video Communications, Inc. (NASDAQ:ZM)’s largest investor fund shareholder was ARK Investment Management itself, since it owned a $788.46 million stake.\nMeridian Hedged Equity Fund made the following comment about Zoom Video Communications, Inc. (NASDAQ:ZM) in its Q3 2023 investorletter:\n“Zoom Video Communications, Inc.(NASDAQ:ZM) provides video conferencing software widely used for virtual meetings, webinars, and online collaboration by businesses, schools, and individuals. The company has shown stability in its business model after a remarkable rise in 2020. While its valuation is more reasonable now, the company maintains strong operating margins. The enterprise sector, particularly through successful upselling, has shown resilience despite economic headwinds and seat churn. Zoom’s contact center solution has shown early traction with a growing roster of customers and a rapid rollout of new features, showing strong potential for future growth. The stock performed well during the quarter following results that exceeded expectations, reaffirming its potential for growth.”\nClick to continue reading and seeCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nSuggested articles:\n• Top 20 Countries With The Highest Weed Consumption\n• 13 Best Get Rich Quick Stocks To Buy\n• 14 Money Making Stocks To Invest In\nDisclosure: None.Cathie Wood\'s Stock Portfolio: 2024 Stock Picks.is originally published on Insider Monkey.', 'Azerbaijan could prove a winner as the war in Ukraine continues to reshuffle the Caspian Basin energy-supply deck. But uncertain investment and financing prospects, as well as questions about production capacity, are holding Baku back at present.\nWhen it comes to oil exports, it seems Kazakhstan’s pain can be Azerbaijan’s gain. Before the Kremlin’s unprovoked invasion of Ukraine in 2022, Kazakhstan relied on Russia for transiting the bulk of its oil exports to market. In 2022, for example, roughly62 percent of Astana‘s 84.2 million tons of oil exportsreached global markets via the CPC pipeline to Russia’s Black Sea port of Novorossiysk.\nBut growing fears about over-dependence on Moscow, along with concerns about the safety of commercial shipping in the Black Sea, have prompted Astana to look for alternative export routes.\nOn March 11, Kazakhstan’s state oil producer KazMunayGas and Azerbaijan’s state oil company SOCAR agreed to expand their existing deal for transiting Kazakh crude via Azerbaijan’s main oil export route – the Baku-Tbilisi-Ceyhan (BTC) pipeline. The deal increases annual volume from 1.5 million tons to 2.2 million tons. The two companies also agreed to discuss transiting further volumes of Kazakh crude to the Black Sea via the Baku-Supsa pipeline through Georgia which has been idle for over a year due to safety fears.\nThe BTC option is a more complicated route to market for Astana. The crude is first shipped across the Caspian Sea by tanker, then fed into the pipeline which carries it to Turkey’s east Mediterranean coast from where it can again be carried by tanker to global markets.\nAzerbaijan also may soon increase transit volume for natural gas. A recent preliminary agreement between Turkmenistan and Turkey allows for Turkmen gas to be sent to Turkey either via a swap deal with Iran, or more complex swaps via both Iran and Azerbaijan.\nTurkish energy ministerAlparslanBayraktarhas said that an initial stage involving the delivery of up to 2 billion cubic meters (bcm) a year could be realized quickly. Turkey’s interest in Turkmen gas is primarily to diversify its own gas imports, of which last year 42 percent came from Russia contracts, most of which expire at the end of 2025. A contract with the country’s second biggest supplier, Iran, is due to expire mid-2026.\nBoth Russia and Iran are subjected to international sanctions, which if expanded further could conceivably leave Turkey in a bind. Bayraktar also confirmed that Ankara and Ashgabat are discussing a longer-term target of a dedicated Trans-Caspian Pipeline (TCP) to transit Turkmen gas via Azerbaijan and Georgia to Turkey, and possibly on to Europe, a project which already enjoysUS support.\nOn-and-off talks on just such a pipeline have continued fornearly 25 years. Now, the route is again off the back burner, as the war in Ukraine has significantly increased interest in diversifying European Union energy imports. Dusting off the TCP plan is in Baku’s interests, as it could help Azerbaijan meeta 2022 commitmentto Brussels to double EU-bound exports of its own gas to 20 bcm a year by 2027. Progress on meeting that target has been halting, with Azerbaijani exports in 2023 totaling only 11.8 bcm. Current pipeline expansion work is set to add only another 1.2 bcm capacity per year.\nAzerbaijani officials say that the sizeable investment required to expand export routes cannot be made until European gas buyers commit to buying the extra gas carried by expanded pipelines. Gas buyers for their part are concerned that Azerbaijan will be unable to supply all the required gas.\nThe slow expansion of Azerbaijan’s own gas production has been an issue for would-be European importers. Of late, Baku has had to import Turkmen gas via a swap arrangement with Iran to meet its own growing domestic demand, along with its export commitments to Europe, Turkey and Georgia. Those Turkmen imports halted late last year after Baku and Ashgabat failed to agree on commercial terms for 2024. At the same time, Azerbaijani officials reported that the country had sufficient gas supplies to meet demand due to a rise in domestic production.\nBP announced in lateFebruarythat new wells it has drilled in Azerbaijan’s main Shah Deniz gas field are currently producing an extra 750 million cubic meters per year. BP has also said it hopes to start production next year from a deep gas reservoir below the country’s main ACG oil field. However, the company has yet to say how much gas it will produce, and it remains to be seen whether it will be sufficient to help Baku meet its commitment to Brussels.\nAzerbaijan is also making a push to develop green/renewable energy. Set to host a major climate conference in late 2024 known as COP29, Baku is using the opportunity to promote ambitious renewable energy plans. Azerbaijan’s interest in going green stems in large part from its efforts to reduce its own domestic gas consumption to free up more for export. Many energy analysts believe it will take a long time for Azerbaijan to realize any such hopes. Just 8 percent of Azerbaijan’s power generation in February came from renewable sources, and just 1.3 percent of that total was derived from wind and solar power.\nFollowing a March 16meetingwith Georgian Prime Minister Irakli Kobakhidze in Baku, Azerbaijani President Ilham Aliyev announced that a feasibility study of the two countries’ “tremendous renewable energy potential” would be completed by the end of the year. He gave no details, but the study most likely relates to plansannounced late 2022for an electricity transmission cable to carry power generated in Azerbaijan across the Black Sea to Romania, transiting Georgia.\nFor that project to become functional, Baku will first need to develop sufficient wind, solar and hydro power capacity to generate sufficient supplies for export. Thus far, Baku has been unwilling to commit its own money, relying instead on international investors such as Saudi Arabia’s ACWA which is developing Azerbaijan’s first grid-scale wind farm, and UAE’s Masdar, developing its first major solar power plant.\nIt seems the EU is also interested in developing Azerbaijan’s renewable energy capacity. On March 1, a ministerial meeting of the EU-Azerbaijan Green Energy Advisory Council resulted in the signing of a memorandum of understanding on wind energy cooperation. The agreement is designed to facilitate European investment in “the huge wind power potential of Azerbaijan, to help push forward the clean energy transition in the region, and to potentially generate new renewable energy supplies for Europe,” according to a EU Commissionstatement.\nThe statement quoted the EU commissioner for energy, Kadri Simson, as saying, “we have made clean energy a key part of EU-Azerbaijan bilateral relations.”\nBy David O’Byrne viaEurasianet.org\nMore Top Reads From Oilprice.com:\n• America Is Growing Wary of the Renewable Energy Boom\n• New Bitcoin Whales Emerge in the Corporate World\n• How Bosnia Becomes a Battleground for Chinese Energy Influence\nRead this article on OilPrice.com']... Last 60 Days of Bitcoin's Closing Prices: [40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-24 Financial & Commodity Data: - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,261,385,877,138 - Hash Rate: 709422477.8453414 - Transaction Count: 331527.0 - Unique Addresses: 566459.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high. Convertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth. This move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury. Coinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.... - Reddit Posts (Sample): [['u/Complex_Recover4595', 'My self esteem is so low. How can I fix it?', 63, '2024-03-24 01:07', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', 'My self esteem is so so so low. I don’t know why. It makes me angry to know that I don’t know my own worth. I feel like I’m worth so much more than what I put up with and what I go through and I feel like my family and family friends see that, but I feel like outsiders don’t see that and they treat me like sht? I don’t know why its so hard for me to make connections outside my inner circle. \n\nBut then I also engage in behaviors that I’m not proud of and which isn’t a reflection of my worth. Some stuff I involved myself in, sending and selling explicit pictures/content of myself on snapchat for money (w privacy 🧿🧿🧿). I got in legal trouble at 17 for stling 🧿🧿🧿. I got assaulted by a guy who worked at Goldman Sachs, and wasn’t in a relationship with me and he was so disrespectful to me I felt violated. I was bullied from elementary through high school. I was also a special needs student so I was prone to get “picked on” by the smart kids🧿🧿🧿.Girls are literally so mean to me. This girl hated my guts and literally tried to steal all my family’s assets 🧿🧿🧿.\n\nThis girl was basically dating that guy who abused me. She would constantly make comments like "\| be shting on btches" "btches have to be careful with me" or "btches be dumb" or "i be violating btvhes" " I be ending btches" "btches wish they were me" and that she gets guys and how girls wish they were her. She calls her male partners “assets" where she sets girls up with her boyfriends (assets like she mentioned earlier) and then those guys steal financial resources from the girls family.\n\n Her comments made me feel super uncomfortable. And she did in fact did all the things she mentioned to me. And she did all this to me because I gave her an unintentional back massage when I was 15 and she was 18. She yelled at me and told me to back off, I got very teary eyed and apologized, but she didn\'t accept it. And she set me up with one of her "assets" She\'s very egocentric like todays rappers are. I feel violated, humiliated and just insecure. I\'ve never been called such words i\'m the sweetest person in the world and the fact people make me seem like l\'m that, is disgusting.\n\nLike why am I always put in situations where my worth is diminished. It makes me angry when people don’t see my worth. Its like My family has assets they’re educated they’re smart all my family friends are becoming doctors, engineers and lawyers. And then my family suffers because of some dumb rich crackhead. Like why can’t I find my own people? That respect me and see my worth? I want to be successful and happy too. I’m a business major and I feel terrible that I’m not smart as my family friends. ', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', '1bm7556', [['u/Any_Scallion3354', 27, '2024-03-24 01:18', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9td0n/', 'Your self esteem is low because you have a long history of being bullied and violated. Please go to therapy and learn how to stand up for yourself and be more assertive with the assholes of the world.', '1bm7556'], ['u/Additional-Emu6623', 12, '2024-03-24 01:23', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9u43d/', 'i understand what you’re going through sweetheart ❤️ as a 19yo female i know how horrible girls can be. i think the first step is to cut out toxic stuff. the first step in building self esteem is to build a life that you’re proud of. if you’re struggling with the thought of selling explicit pics, don’t do it! there are other ways to make money. i’m so sorry you’ve gone through so much and that you’re feeling this way. but like i said, self confidence starts with self respect ❤️ if you’re comfortable, i also recommend seeking therapy. they are there to help you! feel free to reply to me here if you ever want advice!', '1bm7556'], ['u/motivemurat', 10, '2024-03-24 01:53', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9ylou/', 'Your sense of self-worth and self-esteem should not be tied to external factors. I really like that you acknowledged in your first paragraph that people close to you such as your friends and family see your worth (and the issue being your tying of self-worth to external people outside your circle). However, I would argue that your sense of self-worth shouldn\'t be tied to anything outside of you... to improve confidence and your general self-esteem, you have to look within. The answer is not external (which is of course much easier said than done).\n\nI guess the better question to ask in this situation is: "How can i stop caring about the thoughts of others about me", and most importantly, "How can I stop caring about how people that I dont even like, that I dont even want to be friends with, and people who do bad things thoughts about me". Fundamentally, it\'ll boil down to being proud of whom you are, acknowledging the fact that they are the flawed ones (because being abusive towards anyone is not a normal or right thing to do), and when receiving these type of comments, or being put in uncomfortable situations by these people, know that you are not the one that is flawed. In some sense, dont let their negativity and darkness within them spread to you. See them for whom they are - bad, abusive, negative, jealous people - they don\'t deserve your attention. Focus on you, the ones you love, the ones you care about, and focus on growing stronger within (this is a big topic on its own but is mainly done by working towards whom you want to become, you grow strength from your own achievements - have a list of things you are proud of that you have achieved, reflect on these, and support those whom you love and care about the most).', '1bm7556'], ['u/Brilliant-Purple-591', 11, '2024-03-24 08:20', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kwb6s7q/', 'this is a great start for temporary relief. however, this covers only the surface. if OP really wants to work on his self-esteem, she or he has to go beyond and unveil the patterns of unworthiness.\xa0', '1bm7556']]], ['u/heavenswordx', 'Whenever you wonder if you’re early, just check out comments in trad media mentioning bitcoin ', 78, '2024-03-24 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '“Bitcoin is nonsensical”\n“Bitcoin is a societal waste that brings no benefit”\n“Bitcoin doesn’t have a purpose”\n“Bitcoin is only good for scammers”. \n\nWhen the average trad media readers and when the average politicians believes bitcoin is good, that’s when you know that we’re no longer early and have reached mainstream adoption. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '1bm7f34', [['u/SmokeAndSkate', 69, '2024-03-24 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4e5d/', 'Occasionally I throw a Bitcoin comment into tradfi investing subs just to make sure I still get downvoted.', '1bm7f34'], ['u/JeffWest01', 23, '2024-03-24 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4r08/', 'Or straight-up banned.', '1bm7f34'], ['u/Skittles_the_Clown', 16, '2024-03-24 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa7sah/', 'It’s insane how easy it is to get banned for simply trying to have a civilized discussion about the merits of Bitcoin on other subs.', '1bm7f34']]], ['u/Gapaloo', 'Ankr project changed?', 12, '2024-03-24 01:29', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', 'I only got into ankr last month because it seemed very interesting and had seemingly good partnerships. \nBut it seems they are heading in a drastically different direction than what they even proposed for ankr 2.0. \nNo more independent nodes and ultra sound is mentioned about but devs don’t want to talk about it. \n\nI think it would be nice to have an actual layout into what Ankr is shooting for, but all we get is “the wave is starting”, then proceed to talk about bitcoin staking and that’s it. \nWhat a tiny wave that isn’t even coming out this year. And the Nvidia announcement was just them visiting the conference, trying to pull the wool over peoples eyes I fear. \n\nSeems like the PR team, the marketing team and the devs are on wildly different levels, would be nice if they were more unified. ', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', '1bm7lub', [['u/nkdowney', 10, '2024-03-24 03:09', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/kwa9cs0/', 'Reeeeelllaaaxxxxxxx. Patience people my goodness. We have a longggg way to go if we wanna see real gains', '1bm7lub']]], ['u/GetBent1990', 'BTC Halving Update 😀', 114, '2024-03-24 02:38', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/', '4/19 @ 2348 ', 'https://i.redd.it/8zcn1cnwr6qc1.jpeg', '1bm91p6', [['u/SadEntrepreneur4354', 13, '2024-03-24 03:12', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwa9s1h/', "Miners now get half the Bitcoin than they used to. Example after mining a whole block, you get 6 Bitcoin, after the halving you'll get 3 Bitcoin. Happens every 4 years.", '1bm91p6'], ['u/Caboun6828', 14, '2024-03-24 03:22', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwab386/', ' Nothing happens to the price that will make yall rich unless you are mining and get the last block', '1bm91p6'], ['u/therealbeymaster', 15, '2024-03-24 06:53', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwazhy4/', 'Because fiat is what we use for everyday purchases', '1bm91p6'], ['u/SlashRModFail', 10, '2024-03-24 13:23', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwbw4lu/', "People commenting here thinking that Bitcoins increased scarcity during the halving and its eventual price rise in the next 12 months won't affect shib are clowns.\n\nI will remind everyone single one of you clowns in 12 month's time.", '1bm91p6']]], ['u/m8094', 'I have to say, this sub’s unwavering confidence in Bitcoin is both encouraging and worrying', 55, '2024-03-24 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/', 'I new to Bitcoin, and want to have full confidence in it, but a part of me worries that this is history repeating itself where people put a lot of their eggs in the same basket, I my for it to dip and never come back up. I know Bitcoin is revolutionary vs normal stocks, but some people on this sub seem to see it as a risk free long term investment. \n\nI feel like it’s not that unlikely that bitcoin will be surpassed by another coin in the future that is more convenient, or that lack of adoption from the population will eventually lead to a slow death of bitcoin. Also, could bitcoin reach a price that people just find too high to pay for, and hence will have reach his ceiling earlier than expected. \n\nAll in all, I want to invest in bitcoin but want to be smart about it. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/', '1bm97pa', [['u/ammo_john', 54, '2024-03-24 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa802w/', "Don't force conviction, just study more.", '1bm97pa'], ['u/aeonChili', 43, '2024-03-24 03:00', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa8740/', 'During bull run times, this place becomes really noisy with a lot of silly braindead hype posts. Good for you to remain skeptical. Take the time and make smart decisions where you want to put your money, be it Bitcoin or something else.', '1bm97pa'], ['u/Jumpy-Penalty7909', 17, '2024-03-24 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa8uau/', 'Spend more time researching. You are never forced to buy it or allocate more than you are willing to lose. If I lost everything I ever invested into bitcoin it would still be the greatest and smartest risk I ever took. I don’t lose any sleep over it.', '1bm97pa'], ['u/thi3rdparty', 13, '2024-03-24 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwa9g05/', 'Read broken money by Lynn Alden', '1bm97pa'], ['u/Comprehensive-Mall56', 13, '2024-03-24 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwaa1x5/', 'Used to see post like this ten years ago, Imagine actually listening to them? Id be broke.', '1bm97pa'], ['u/TrippingBananas', 10, '2024-03-24 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwaa9mj/', 'If everyone was already completely all in Bitcoin then the ride would be over. People being worried and still skeptical makes me happy because that keep Bitcoin risky which keep the big gains coming. Riskier the asset the more volatility right', '1bm97pa'], ['u/AcademicoMarihuanero', 20, '2024-03-24 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwabb12/', 'The more i read the more risk free Bitcoin looks', '1bm97pa'], ['u/Frogolocalypse', 10, '2024-03-24 03:58', 'https://www.reddit.com/r/Bitcoin/comments/1bm97pa/i_have_to_say_this_subs_unwavering_confidence_in/kwafxxi/', 'I remember having this same conversation 10 years ago. And five years ago. And just now again. Weird.', '1bm97pa']]], ['u/Legitimate-Safety458', 'Finally Earned my First 0.25 BTC', 111, '2024-03-24 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/', 'I know it’s not much especially since i’ve been a follower for over 2 years. But recently i just earned a total of 0.25 by trading it and staking it. A long way to go to hit that 1 BTC, but I’m proud. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/', '1bm9p7a', [['u/aka_Newport', 13, '2024-03-24 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwab1la/', 'Fuck off', '1bm9p7a'], ['u/Cryptotiptoe21', 12, '2024-03-24 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwagjzw/', "Well being that I see countless articles and videos saying that all you need is 0.1 BTC for generational wealth in the near future you're probably already there man just keep stacking. Bitcoin has no top as long as the dollar has no bottom.", '1bm9p7a'], ['u/JustinCompton79', 11, '2024-03-24 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwaior7/', 'His wife’s boyfriend knows a guy.', '1bm9p7a'], ['u/jbgarrison72', 23, '2024-03-24 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwajglm/', '"Hi, I\'m Michael Saylor, owner of Microstrategy. We are announcing a giveaway..." /s', '1bm9p7a'], ['u/Normal-Jelly607', 22, '2024-03-24 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwalj0g/', '15k is a lot of money. Most people (98% of people on earth) can’t get 0.25 btc and never will be able to.', '1bm9p7a'], ['u/terabytetron', 14, '2024-03-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwaltqv/', 'Near future? Generational wealth? 0.1 btc @ $500k means $50k. And $1 million btc equals $100k. \nNot generational amounts considering these will be eat up by inflation in the coming years. 🤔🤷\n\nBut keep stacking though! 50k / 100k is better than nothing. 🤩', '1bm9p7a'], ['u/Awkward_Potential_', 16, '2024-03-24 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bm9p7a/finally_earned_my_first_025_btc/kwamnjf/', 'How is YouTube not being held responsible for hosting scams?', '1bm9p7a']]], ['u/whalecaller', 'Thoughts on what happens next…', 50, '2024-03-24 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bm9xo6/thoughts_on_what_happens_next/', 'So a lot of mix opinions from community to friends in the space on if and when we see a pullback before-after the halving, I think people are underestimating “Wall Street” stepping into the crypto space.\n\n\nGBTC has around 3 months worth of selling that being said they keep the volume they’re selling at. \n\nI personally don’t see any pullback happening in the next 30 days that is significant enough to make me say we are in a downtrend (if so happened just not from 73 to 60).\n\nThat being said Stay humble stack sats…\n', 'https://i.redd.it/hmdlagavz6qc1.jpeg', '1bm9xo6', [['u/oldskoolr', 30, '2024-03-24 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bm9xo6/thoughts_on_what_happens_next/kwae5sw/', 'Blackrock own them on behalf of their customers.\n\nIf their customers sell there ETFs, you think Blackrock will still keep the Bitcoin?', '1bm9xo6']]], ['u/kstinmb', "Don't worry, be happy", 57, '2024-03-24 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/', 'Today, if you buy any amount of bitcoin, anywhere, (with $$ or whatever), someone else is selling. Every fraction of bitcoin that exists must be owned by someone (or is lost). So why are some people fretting about the 21M limit on the supply? There will always be a willing seller and willing buyer for some amount at some agreed price, right? Always. And with bitcoin transactions diced down to 8 decimal places, there will always be some small quantity available for sale. See the title.', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/', '1bmacyc', [['u/Maleficent-Bison4749', 16, '2024-03-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwalwyg/', 'there probably will be always some for sale. but personally my opinion is, with a combination of halvings, etf approval, long term holders probably going up that number will get smaller and smaller. its a simple supply shock there is huge huge volume happening on btc this month alone, if it continues as were still hovering around ath who knows how long it will run. 100% im all in on btc', '1bmacyc'], ['u/Scallion-External', 14, '2024-03-24 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwapzxj/', 'Who is fretting about the 21m supply? \nThink you’re missing the point. The 21m cap on the amount of btc is a feature of its value. There’s never going to be more. Limited supply = increase in value', '1bmacyc'], ['u/Responsible_Slip_243', 11, '2024-03-24 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1bmacyc/dont_worry_be_happy/kwaw27p/', 'Wait till btc hits at least $100k. People who sold will flip out.', '1bmacyc']]], ['u/Disco-Tuna', 'Just started paper trading....10k to 135k yesterday,...but', 52, '2024-03-24 04:27', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/', "Started exploring trading about 3 months ago... Learning everything I can... Following lots of live charts to get a feel for price action... Started trading a paper account yesterday with TradingView... My first paper trading 'account' and any account actually. \n\nIt was Saturday, so started trading BTCUSDT. P futures as obviously still in play. Set my account to 10k, followed the action short & long, just plotting areas of predicted support/resistance and was predicting the direction correctly about 75% of the time..across 110 or so trades. Grew the account to 135k after about 7 hours... Essentially getting in and out within 5 to 30secs every time, so scalping I guess is the term... \n\nWas feeling awesome... Till I went and checked out the likely actual commission per trade.... This would have killed me dead meaning i would have been profitable on about 10 of those trades taking into account commission costs...(the big ones admittedly) . And therefore of course not profitable across the whole day (I need to go back and calculate the whole P/L to work out exactly where I would have been).... \n\nHowever, I was pleased with myself that I was making good predictions on the direction so well (in my eyes) \n\nSo my quesrions: is the price action on one instrument similarish to others? And hence should I take much confidence in the success I was seeing yesterday to transfer to something with lower commission fees? \n\nHow much does liquidity / and slippage impact real trading performance vs paper trading? \n\nAny other advice on expectations management appreciated. ", 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/', '1bmb5pv', [['u/fattytuna96', 129, '2024-03-24 04:38', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwakugx/', 'You have to realize that when you actually trade, emotions kick in as you start to consider the real implications of the numbers on your screen (the real money you’re playing with and what it can do to your life) and that can fuck with you, completely thwarting your strategy. But you need to be aware to always trade liquid stocks (low bid ask spread) so that you can always exit even when the trade goes sideways', '1bmb5pv'], ['u/naijaboiler', 63, '2024-03-24 04:45', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwals2p/', "exactly this. 110 trades in 7 hours where you have 75% prediction accuracy. yeah that's totally paper trading\n\nmaking that many trades in reali ife is a recipe for disaster . real life trading is just different", '1bmb5pv'], ['u/Rare_Dentist_4075', 11, '2024-03-24 04:57', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwan7d8/', "Open a small account to practice the emotional part and just try to stick to your trading rules. No hoping, let me say again, DO NOT HOPE. You do all the thinking part when your plotting important levels etc. , then after just follow entry/exit rules. That's it.", '1bmb5pv'], ['u/New-Row-3679', 13, '2024-03-24 05:36', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwarqw3/', 'Just send me your 10k now', '1bmb5pv'], ['u/Artistic_Bumblebee17', 21, '2024-03-24 05:43', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwasfvp/', 'Yes, after 2 trades I’m out, too fatigued and make bad decisions the third trade', '1bmb5pv'], ['u/Warlock1185', 17, '2024-03-24 06:11', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwavfju/', 'You will be shocked at how different your results will be live. Everyone can make millions paper trading, very few can pull it off in reality.\n\nYou started with 10k and ended up with 135k in one day - how much of your account were you risking per trade?', '1bmb5pv'], ['u/CutLegal1784', 13, '2024-03-24 06:17', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwavyre/', 'This is very true. I felt so confident in my paper trading account and I even took seriously as if the money real. But then I started trading... and the money was real.... and the feelings changed once you start seeing numbers fall so quick. You have to train yourself to be ok with those numbers.', '1bmb5pv'], ['u/CarelessCabbage', 15, '2024-03-24 06:21', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwawfo4/', 'This is the important factor. You could risk your whole account in one trade because it doesn’t matter but you won’t risk 100k in one trade of your own money you spent years working to save.', '1bmb5pv'], ['u/Riddlfizz', 22, '2024-03-24 06:31', 'https://www.reddit.com/r/Daytrading/comments/1bmb5pv/just_started_paper_trading10k_to_135k_yesterdaybut/kwaxeq8/', "Promising and interesting start, it seems. However, any scenario where you're able to 13X a $10,000 account in a day in simulation has to be a big red flag that you're not doing something that's very relatable to successful live trading. That's not a specific knock on you. That's just not a reasonable real return for, well, anyone let alone a newer trader. This is the video game aspect/down side of paper trading when it can differ greatly from real, live trading; it can also foster some bad trading habits.\n\nYou should be pleased with the promise you've seen in your trading, just not enamored with the paper trading results. Sounds like you have your head on straight and are taking your development as a trader earnestly and advice in stride, while taking paper trading results with a few grains of salt. Stick with the plan of refining your mechanics/knowledge/strategy of trading, continue watching/reviewing charts, and trade small sizes live when you can; with that approach, you'll continue setting yourself up well going forward.", '1bmb5pv']]], ['u/galileo634', 'Privacy and Anonymity of my BTC', 10, '2024-03-24 04:50', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/', 'I have BTC in Trezor for years. Bought on exchanges using KYC. Given the recent EU announcements I am concerned about the privacy and anonymity of my BTC. \nWhat options do I have so that my BTC on Trezor are not linked to me? What should I do to avoid this? Thanks ', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/', '1bmbki3', [['u/Vakua_Lupo', 13, '2024-03-24 05:09', 'https://www.reddit.com/r/TREZOR/comments/1bmbki3/privacy_and_anonymity_of_my_btc/kwaojw1/', 'Because of KYC the Exchange knows who you are, and they know the address of your crypto on the Blockchain. Plus if they know, then so does your local Tax Man. Unfortunately there is nothing anonymous about Bitcoin!', '1bmbki3']]], ['u/Every-Confection1745', 'Last Minute Play before Halving', 22, '2024-03-24 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/', 'Thinking about selling my car (worth ~18K), lease a car with a 2-3k down payment, and buy 15K worth of bitcoin… thoughts?? ', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/', '1bmbn2g', [['u/LiveCat6', 11, '2024-03-24 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaopv7/', 'The problem is if it takes a long time to recover your investment, will you be forced to sell at a potential loss?', '1bmbn2g'], ['u/common_citizen_00001', 10, '2024-03-24 05:12', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaoyft/', 'Please help me understand what is wrong with going on Craigslist/offerup/facebook marketplace and just buying a cheap car outright? No payments means more money for your bitcoin. Anyway that’s what I would do if I woke up in your shoes. Just buy an old Toyota or Honda. That’s what I did. My old car is what has allowed me to DCA every week. Anyways that’s my 2 sats.', '1bmbn2g'], ['u/Dynatox', 132, '2024-03-24 05:15', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapayb/', 'Don\'t do it.\xa0 \xa0Don\'t sell a necessary asset to fomo in.\xa0 I know everyone is telling you "you will never see these prices again cuz the big boys are here".\xa0\xa0\n\n\nThat\'s b.s.\xa0 I was here in 2021 when you were promised to never see sub 30k ever again. . . Probably not even sub 40k.\xa0 It was b.s. then.\xa0 \xa0The story is b.s. now.\xa0\xa0\n\n\nAfter the 2021 bull run we saw prices as low as 16k.\xa0 That was unthinkable in 2021 when we were into the 40s. . . 50s. . . 60s.\xa0\xa0\n\n\nI\'m not saying Don\'t buy bitcoin.\xa0 \xa0But the idea that Wallstreet is going to "price out the little guy" is bullshit.\xa0 \xa0Certainly dont sell needed assets.\xa0 There will always be great opportunities to buy bitcoin for the next several dozen years.\xa0\xa0\n\n\nMy own prediction. . . You will see prices <64k in 3 years time once the everything bubble bursts.', '1bmbn2g'], ['u/AdAffectionate8407', 21, '2024-03-24 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapm10/', 'Heresy! How dare you speak this way about bitcoin on the bitcoin reddit, the only way is up ! What bubble !', '1bmbn2g'], ['u/sambstone13', 107, '2024-03-24 05:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwapzgw/', "Don't", '1bmbn2g'], ['u/RepulsiveAmount69', 27, '2024-03-24 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaqmc3/', 'I think this might be a top signal', '1bmbn2g'], ['u/Nihil_Obstat753', 13, '2024-03-24 06:07', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwav0nq/', "do ur pro's & con's.\npro: purchase $15k worth of BTC. now what do u think it'll do this bull run? +50%, +100%, +>200%. then you'd b foolish not to proceed with ur plan.\ncon: if it tanks, & this was the ATH, well, u have a $300/ $400 monthly car payment. Is that within ur budget for the next X yrs? If, so, still doesn't seem that bad to proceed with ur plan. $300/ $400 per Mo = $3,600 - $4,800 per year. If u were to invest the car payments instead, it would take u 3 - 4 yrs to buy $15K. + car would only depreciate in value. Do ur own DD on ur financial situation.", '1bmbn2g'], ['u/MittenSplits', 32, '2024-03-24 06:45', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwaysbq/', "Don't lease. Sell the nice car, buy a cheaper one. Stack the remainder in btc.", '1bmbn2g'], ['u/WorthFit4172', 17, '2024-03-24 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwazvpm/', 'Maybe sell your 18k car for a used 5k car and put the rest in Bitcoin.', '1bmbn2g'], ['u/randhava', 10, '2024-03-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwb9t6f/', 'Dont sell nothing, buy an egg. Sit on it. The egg will hatch into a chick… feed it nurture it into a full grown chicken. That chicken will lay 10 eggs… from 10 eggs … 100 chicken… 100 chicken will lay 1000 eggs… sell half … buy btc… with 500 chicken … repeat the cycle…', '1bmbn2g'], ['u/Ha55aN1337', 12, '2024-03-24 09:48', 'https://www.reddit.com/r/Bitcoin/comments/1bmbn2g/last_minute_play_before_halving/kwbdfnt/', 'Yeah. You could not be “buying the news” more than investing in an event everyone knows will happen and even know when it will happen.', '1bmbn2g']]], ['u/Opening-Sir1160', 'I’m not no foot eating ass nigga but pretty feet on a btc is a must 😭', 23, '2024-03-24 04:54', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/', 'What yall think ', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/', '1bmbnco', [['u/Chance-Blueberry7145', 10, '2024-03-24 04:58', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwancy3/', 'You niggas really be scared to do shit😵\u200d💫thats why yall get cheated on', '1bmbnco'], ['u/Significant-Ear4117', 11, '2024-03-24 05:50', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwat9vl/', 'Niggas like you prob eat shit stains out they girl ass to make her not cheat on you 😂', '1bmbnco'], ['u/Opening-Sir1160', 15, '2024-03-24 06:31', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwaxcw7/', 'Crazy as hell 🤮😭', '1bmbnco'], ['u/Efficient_Feed_4433', 18, '2024-03-24 07:18', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwb1obn/', 'Nah don’t get me wrong i don’t want no bear paw foot ass bitch but I’m 100% not looking at a bitches feet 😂 can’t see shit if she’s sitting on your face anyway', '1bmbnco'], ['u/Responsible-Cut3861', 17, '2024-03-24 09:53', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbdv87/', 'Facts love ya see some lil pretty feet’s up in the air diggin thru that missionary 🤣🤣', '1bmbnco'], ['u/Feet4Lifee', 15, '2024-03-24 10:52', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbif6w/', "I eat my girls ass, suck them toes, all that. If my bitch like it I'm on it. Y'all some childish ass mfs. 🤣", '1bmbnco'], ['u/bootleggahz', 18, '2024-03-24 11:11', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbjxki/', 'Username checks out', '1bmbnco'], ['u/Feet4Lifee', 13, '2024-03-24 11:12', 'https://www.reddit.com/r/CrimeInTheD/comments/1bmbnco/im_not_no_foot_eating_ass_nigga_but_pretty_feet/kwbk05b/', 'No shame in my game big homie', '1bmbnco']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, March 24, 2024', 28, '2024-03-24 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/', '1bmbr5o', [['u/Outrageous-Net-7164', 18, '2024-03-24 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwb2hg1/', 'I’m starting to like this consolidation phase. If we can stay in the 6’s until the halving and then start the next move up then I suspect 60 will be the floor for goblin town in 2026.', '1bmbr5o'], ['u/5dayoldburrito', 10, '2024-03-24 10:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbfe7v/', 'I think the ETF rejection is already priced in. Probably more room for upside surprises than downward ones', '1bmbr5o'], ['u/DamonAndTheSea', 29, '2024-03-24 11:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbl0xm/', 'Let’s explore some baseless speculation. (Trigger warning for 4 year cycle adherents). \n\nI think we’re going to see a mid-cycle top in coming months, perhaps followed by a true blow off into 2025 or early 2026. \n\nBitcoin is in a parabolic move. We’re about to print the 7th green monthly candle which hasn’t happened since 2013. Enthusiasm is high, and most expect price to jettison $100k when last cycle was a disappointment. This is all happening while the stock market continues up without relief. Rate cuts are around the corner but often associated with market draw downs. \n\n[I’m now expecting Bitcoin to make a 5th wave move towards local highs before a longer consolidation period.](https://www.tradingview.com/x/ejd2nhbE/). Per the chart this would look like some final bear div up towards $80k - $120k before a large draw down and 6 - 8 month consolidation into end of year. This would completely confound 4 year cycle theory and be difficult to trade. \n\nOne of the things I’m looking at is stable coin dominance. [This is the Tether dominance squared with bitcoin price](https://www.tradingview.com/x/mpCrF4bE/), along with a custom indicator I built that measures the RSI of all stables gains the entire market. We’re nearing extremes of stables invested in the market which has often predicted reversals. \n\nThoughts?', '1bmbr5o'], ['u/DamonAndTheSea', 11, '2024-03-24 11:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwblvxs/', '[Willy Woo seeing the same thing](https://x.com/woonomic/status/1770048197584683412?s=61) (also terrible at trading).', '1bmbr5o'], ['u/phrenos', 10, '2024-03-24 12:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbprkp/', 'Feels like we might be released from our shackles soon. I believe!\xa0', '1bmbr5o'], ['u/mad_bitcoin', 10, '2024-03-24 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwbsf30/', 'Bitcoin is going to do its slow climb back to ATH\n\n"Slowly, then suddenly"', '1bmbr5o'], ['u/kb1985', 10, '2024-03-24 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwc0l9o/', 'NGL I was expecting it to go slightly below 60k at some point. How things change!', '1bmbr5o'], ['u/xtal_00', 12, '2024-03-24 15:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwce9wc/', 'Woo completely missed the peak and draw down last cycle despite obvious indicators; I put him in the interesting editorial category.\n\nAll that matters is ETF inflows and the relative numbers of old coins shaking free.\n\nLots of people are going to dump around 100k; that will require consolidation. Then who knows?', '1bmbr5o'], ['u/WYLFriesWthat', 15, '2024-03-24 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwcfd6z/', 'It’s Groundhogs Day for bitcoin again. Look! Our little orange friend is sniffing the hourly 200MA! Will it jump on over? Or will it be six more days of winter?', '1bmbr5o'], ['u/waxheartzZz', 10, '2024-03-24 15:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwcgr3r/', "My theory is the genesis selling isn't happening on the weekend so net price increase\n\n\n\nthus super bullish once that selling ends", '1bmbr5o'], ['u/snek-jazz', 12, '2024-03-24 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwd46dp/', 'If you want a laugh read the post on buttcoin titled "Blackrock". Guy lays out pretty well all the evidence of why bitcoin is winning, but due to his bias comes to crazy conclusions from that data.', '1bmbr5o'], ['u/itsthesecans', 10, '2024-03-24 19:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdd8dd/', "A more generous reading of OPs meaning is that *since* genesis isn't selling on the weekend...", '1bmbr5o'], ['u/kb1985', 14, '2024-03-24 21:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdxxi1/', 'So if we are indeed out of the woods (round bottom, etf outflows getting lower and possibly turning into inflows again, no more trad fi FOMC drama, halving around the corner) - what’s next step?', '1bmbr5o'], ['u/caxer30968', 14, '2024-03-24 21:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdz3ab/', 'To fucking send it into another realm.', '1bmbr5o'], ['u/barfalloverewe', 10, '2024-03-24 21:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwdzww2/', "I'm liking the downward trend of BTC supply on the exchanges. Maybe we're inching towards some supply shock. \n\nhttps://www.coinglass.com/Balance", '1bmbr5o'], ['u/btc-_-', 11, '2024-03-24 22:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe69rd/', 'perhaps too much hopium?\n\nhttps://i.imgur.com/NB23wGs.png\n\n!bittybot predict >ATH march 29 2024', '1bmbr5o'], ['u/goldenprey123', 15, '2024-03-24 22:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe6mfk/', 'ETF inflows decent’ this week = ath this week', '1bmbr5o'], ['u/4theWlN', 11, '2024-03-24 22:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwe8hn5/', 'Watch the cme futures open. The last two times we had a nice rally over the weekend they opened up with a higher premium and I came in to short thinking it was overdone but it was in fact the beginning of powerful moves up. Let’s see if they are caught short again.', '1bmbr5o'], ['u/ChadRun04', 14, '2024-03-24 23:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kwegjo7/', 'Looked fun on finex.\n\nAbout 450 coins bought\n\nhttps://i.imgur.com/I6vmD1M.png', '1bmbr5o'], ['u/Cadenca', 30, '2024-03-24 23:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kweitam/', 'Ameripoors better not dump this on open', '1bmbr5o'], ['u/Top_Plantain6627', 15, '2024-03-24 23:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bmbr5o/daily_discussion_sunday_march_24_2024/kweo7cr/', 'WeEKeNdz ArE fAkE !', '1bmbr5o']]], ['u/rBitcoinMod', 'Daily Discussion, March 24, 2024', 30, '2024-03-24 07:02', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1bll7u6/daily_discussion_march_23_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/', '1bmdrnf', [['u/bbiittccooiinn', 10, '2024-03-24 08:52', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwb970a/', 'Queue the dramatic "it\'s crashing!" 3 regulars on the daily.', '1bmdrnf'], ['u/StrivingPlusThriving', 10, '2024-03-24 10:51', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbi9ry/', "Get your sats off the exchanges and into self-custody!!\n\nUse the FAQs for this subreddit to learn best practices and opsec.\n\nMake it happen!! Let's go!!\n\n⚡️🧡\n🍊💊\n🍯+🦡\n💎🙌\n🔑=🧀\n🌍/21M", '1bmdrnf'], ['u/Just1_More', 11, '2024-03-24 11:50', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbn4wz/', 'Yesterday, you said you opened a long at 63,700. Why do you even bother spouting this bullshit?', '1bmdrnf'], ['u/Just1_More', 12, '2024-03-24 12:08', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbop4z/', "Honestly, I'd rather see none of your updates.", '1bmdrnf'], ['u/escodelrio', 15, '2024-03-24 12:49', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbsjmr/', "Historical Bitcoin prices for today, March 24th:\r \n\r \n2024 - $65,140\r \n2023 - $27,462\r \n2022 - $44,013\r \n2021 - $52,325\r \n2020 - $6,745\r \n2019 - $3,995\r \n2018 - $8,547\r \n2017 - $940\r \n2016 - $415\r \n2015 - $247\r \n2014 - $568\r \n2013 - $72\r \n2012 - $4.7\r \n2011 - $0.90\r \n\r \nAdditional Stats:\r \n\r \nBitcoin's current market cap is $1.28 trillion.\r \n\r \nBitcoin's average daily trading volume for the last 7 days is 81,934 ₿.\r \n\r \nBitcoin's average daily number of transactions for the last 7 days is 371,662.\r \n\r \nBitcoin's average daily hashrate for the last 7 days is 600 exahashes per second.\r \n\r \nBitcoin's average daily price from 18-Jul-2010 to 24-Mar-2024 is $10,811.87.\r \n\r \nBitcoin's average daily price for the year 2024 is $52,165.40.\r \n\r \n1 US Dollar ($) currently equals: 1,535 satoshis; making 1 penny equal 15.35 sats.\r \n\r \nThere are currently 19.66M BTC in circulation, leaving 1.34M to be mined.\r \n\r \nThere are currently 52,489,482 nonzero Bitcoin addresses.\r \n\r \nBitcoin's current block reward is 6.25₿, which is worth $407,126.88 per block.\r \n\r \nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\r \n\r \nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\r \n\r \nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\r \n\r \nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\r \n\r \nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\r \n\r \nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\r \n\r \nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 11.66% from the ATH.", '1bmdrnf'], ['u/harvested', 12, '2024-03-24 13:37', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwbxpp7/', 'God, your posts are annoying. What is it this time, leveraged long or short?', '1bmdrnf'], ['u/TomSurman', 13, '2024-03-24 14:18', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwc2q7p/', 'TA is astrology for finance bros.', '1bmdrnf'], ['u/AverageUnited3237', 11, '2024-03-24 15:49', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwcfnly/', 'The trading volume flipped from 42.4 to 49.7 billion. Classic GPT', '1bmdrnf'], ['u/Just1_More', 11, '2024-03-24 16:30', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwcm87u/', 'POTUS just signed the 1.2 Trillion spending package. Bitcoin the great absorber awaits.\n\nPamp it.', '1bmdrnf'], ['u/Financial_Design_801', 10, '2024-03-24 20:19', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwdokv4/', 'Bitcoin is machine money and we are in the age of the machines. 99% still don’t get this. As if Ai’s will open up bank accounts or hold gold & silver.', '1bmdrnf'], ['u/Shaantie', 10, '2024-03-24 20:21', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwdowph/', 'You seem lost, WSB is that way 👉', '1bmdrnf'], ['u/vnielz', 13, '2024-03-24 22:06', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwe6ea0/', 'Unreal that there are still people thinking 100k isn’t in the cards this year', '1bmdrnf'], ['u/Vdhsvhsvhshvshsjdkkd', 27, '2024-03-24 22:29', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwea772/', 'The FED uses btc price information for exactly zero rate setting decisions... Lol.', '1bmdrnf'], ['u/iamDanger_us', 16, '2024-03-24 22:32', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kweaope/', "it means he has a short position so he's desperately wanting btc to go down lol", '1bmdrnf'], ['u/Simply2use', 15, '2024-03-24 22:38', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwebpbw/', "This guy's would be funny if he wasn't so annoyingly obnoxious. He's desperately calling every movement evidence it's about to crash. Even if it goes up for days before dropping again, or weeks, or months, he's going to be swearing up and down that he was right all along.\xa0\n\n\nWe need flairs in this sub for idiots.", '1bmdrnf'], ['u/cubeeless', 11, '2024-03-24 22:38', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwebq3p/', 'BTC to $40k!', '1bmdrnf'], ['u/IcyHunt3639', 11, '2024-03-24 22:46', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwed4xh/', 'We....back....boys??? (In a quiet voice)', '1bmdrnf'], ['u/Tron_Passant', 10, '2024-03-24 22:51', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwedukr/', 'Bless your heart I hope you find work soon', '1bmdrnf'], ['u/unsane_sandwiches', 12, '2024-03-24 23:09', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwegq5h/', '🌽 never 😴', '1bmdrnf'], ['u/ieatvegans', 10, '2024-03-24 23:13', 'https://www.reddit.com/r/Bitcoin/comments/1bmdrnf/daily_discussion_march_24_2024/kwehfek/', 'Nice to see $67k again.\n\nMaybe we get a nice weekly close.', '1bmdrnf']]], ['u/agave_wheat', 'Is there any evidence that Generation Z is actually socialist?', 46, '2024-03-24 07:13', 'https://www.reddit.com/r/Enough_Sanders_Spam/comments/1bmdx7r/is_there_any_evidence_that_generation_z_is/', "Coming back from a party this evening, when someone said that this next generation will make massive changes and desire more socialism, I had to ask what makes you think they won't want the same things as everyone else such as a home, job, gadgets, etc? \n\nWe talked back and forth a bit, then went on to other topics, but it has stuck in my mind a bit. What aspects of socialism are Gen Z actually engaging in?\n\nYes, there is more support for unions generally,... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", "CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', 'Wall Street giant, BlackRock continues their march forward into the crypto space with a newtokenizedasset fundSECfiling, with $100 million inUSDCseededon-chaintowards the fund. In the same week,Optimismrolled out theirpermissionlessfault proof system on the Sepoliatestnetin a move towards furtherdecentralizationof the Superchain.\nTotal Value Locked(TVL) across all chains dip further as cryptocurrency majors continue on their downtrend, taking down thealtcoinmarket with it. Notable outperformers to the trend includeBitcoinL2,Stacks,Coinbase-backed L2,Base, and Move-based L1s,SuiandAptos.\nSource:https://coinmarketcap.com/chain-ranking/\nWith the AI space heating up as the next big narrative for the crypto space, Crypto Distilled breaks down the AI Agent sector and where it stands today.\nTL;DR:\n• Autonomous agents are the gold standard, being able to detect inputs and act based on their environment. They can self-learn and improve based on inputs and their actions\n• Verification of accuracy and privacy of work done by the AI agent still remains difficult.\n• AI agents could play a significant role in theInternet of Things(IoT) landscape, with agents being able to instruct other bots and machines to streamline current workflows and processes.\nBlackrock files for a tokenized asset fund with the SEC in collaboration with Securitize, seeding $100 million in USDC in the same week on theEthereumblockchain. In true crypto fashion, users have been depositingmemecoinsto the same address and evendustingthe address with ETH tokens fromTornado Cash.\nOther Product Launches and Updates\n• ETH native liquid restaking protocol,EtherFi, releases the second of their trilogy of products, Liquid, an automated vault strategy to optimize yield strategies for assets in theEtherFiecosystem.\n• Vault protocol,Yearn Finance, releases Yearn V3, unveiling new vaults and strategies foryield farmerson Ethereum.YearnV3 vaults bring better automation,composabilityand flexibility to DeFi users.\n• Multi-chaindecentralized exchange(DEX),Paraswap, unveils Augustus v6, the latest update to the protocol for better routing and cheaperswaps. Unfortunately, a bug was uncovered shortly after and the funds were secured in awhite hat hack, with refunds underway to affected users.\n• Cross chainautomated market maker(AMM),Catalyst AMM, opens their final testnet: Tiger. Tiger brings to the protocol multi-chainliquidity pools, instant finality and trust-minimized relaying.\n• On-chain structured products provider,Index Coop, releases ETH2x and BTC2x, intending to provideleveragedexposure to ETH and BTC, powered byAave. These new tokens are designed to replace the existing Flexible Leverage Index (FLI) tokens. Current holders do not need to take any action.\n• F(x) Protocol releases rUSD, astablecoinbacked by liquid restaking tokens. Users can now mint and redeem rUSD while earningliquid stakingyields, FXN token incentives, EtherFi points andEigenLayerpoints.\nOptimism releases itsopen-sourced, permissionless fault proof system on the Sepolia testnet, taking the next step forward to enable fully permissionless withdrawals and deposits onto the chain and chains within Optimism’s Superchain network.\nPortfolio tracker andwalletprovider, Zerion, announces their upcoming L2 chain, Zero, which is expected to launch in late Q2 or early Q3. The chain seeks to offer zerogasfees for users on the chain to help in onboarding new users into crypto.\nBitDAO-backed L2,Mantle, teases the upcoming feature enabling thestakingof MNT tokens to earn Ethena Shards, the point system of stablecoin protocol, Ethena.\nOther Product Launches and Updates\n• Multi-chainDEX aggregator,Matcha, releases gasless swaps on Optimism, enabling swaps without ETH in your wallets on the chain.\n• StarkNet-based DeFi suite,Nostra, releases UNO, a StarkNet-native stablecoin backed by USDC. Users can now swap for UNO, borrow and lend it as well as deposit it into Nostra’s liquidity pools for boosted points.\nSolana DEX aggregator,Jupiter Exchange, unveils the Intuitive Launchpool Model (ILM), a generalized version of the LFG Launchpool, allowing any project to launch a specialized pool targeting the needs of their token and project.\nWallet abstraction service, Particle Network, announced their plans to launch their very ownL1, built on theCosmosSDK andBerachain’s Polaris framework. The L1 seeks to power chain abstraction through universal accounts, unified liquidity across chains and universal gas tokens on all chains.\nCosmos-basedEthereum Virtual Machine(EVM) chain,Canto, announces the Canto Cyclone Stack, an upgrade to bring the parallelized EVM to the chain. The upgrade will take place over three phases, introducing faster block times, smoother transactions and removal of storage bottlenecks to the chain.\nInjectivelaunches Token Station, their native token launcher, enabling anyone to launch a token in a permissionless manner on Injective, with no-coding experience, in just a couple of minutes.\nDymensionRollApp, Nim Network, releases the eligibility checker for their upcoming NIM tokenairdrop, where 9% of the total supply, or 90 million tokens will be distributed. Eligible wallets include DYM stakers and specific token andNFTcommunities among others.\nETH liquid restaking protocol, EtherFi, opens claims for their first ETHFI token airdrop, with claims available until 16th June. Unclaimed tokens will be returned to the treasury and rolled into the Season 2 airdrop instead.\nBridginginfrastructure protocol,PolyHedra Network, also opens up claims for theirgovernancetoken, ZK. The claim period closes in one month, on 19th April.\nCold Blooded Shiller once again drops wisdom on us as the market continues to chop this week, reminding us to not confuse gambling with trading.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The dollar value of the mean onchain transfers on the Bitcoin blockchain remain well below the 2021 peak, data tracked by Glassnode show.\n• That\'s a sign of investors holding on to their coin stash in anticipation of higher prices, analysts at Blockware Solutions said.\nBitcoin\'s {{BTC}} price recently rose to new record highs above $70,000. Still, the real economic activity on the Bitcoin blockchain is limping along, not sprinting.\nThe divergence partly represents strong holding sentiment in the market, according to one research firm.\n"Average on-chain transfer volume (USD Denominated) is well below the 2021 bull market peak. Hardly any value is being moved on-chain," analysts at Blockware Solutions said in the latest edition of the Blockware Intelligence newsletter. "Nobody wants to sell."\nData tracking firm Glassnode defines transfer volume as the U.S. dollar value of the total BTC transferred on-chain. The metric considers only successful transfers.\nAt press time, the seven-day and 14-day average mean transfer volume stood below $200,000, a far cry from $1 million and higher during the 2021 bull market, data tracked by Glassnode show.\nWall Street\'s embraceof the Nasdaq-listed spot bitcoin ETFs has been the primary reason for bitcoin\'s latest rally. In other words, the spot volume has been concentrated in ETFs, which also explains the low on-chain volume.\nNevertheless, other metrics also indicate that investors who survived the 2022 bear market are holding onto their coin stash in anticipation of a continued price rally.\nFor instance, the percentage of bitcoin supply that was last active between hree and five years ago continues to increase. Several analysts expect bitcoin\'s price to rally into six figures in the coming months,eventually peakingwell above $150,000.\n"Once we see the price really start to move, that\'s when on-chain volume will surge. Older coins will move to exchanges to be sold. Until then, low on-chain volume is a sign of supply-side illiquidity," analysts at Blockware said.\nBitcoin changed hands at $67,700 at press time, up 5% on a 24-hour basis. The CoinDesk 20 Index, a broader market gauge, was up 5% as well.', '• The dollar value of the mean onchain transfers on the Bitcoin blockchain remain well below the 2021 peak, data tracked by Glassnode show.\n• That\'s a sign of investors holding on to their coin stash in anticipation of higher prices, analysts at Blockware Solutions said.\nBitcoin\'s {{BTC}} price recently rose to new record highs above $70,000. Still, the real economic activity on the Bitcoin blockchain is limping along, not sprinting.\nThe divergence partly represents strong holding sentiment in the market, according to one research firm.\n"Average on-chain transfer volume (USD Denominated) is well below the 2021 bull market peak. Hardly any value is being moved on-chain," analysts at Blockware Solutions said in the latest edition of the Blockware Intelligence newsletter. "Nobody wants to sell."\nData tracking firm Glassnode defines transfer volume as the U.S. dollar value of the total BTC transferred on-chain. The metric considers only successful transfers.\nAt press time, the seven-day and 14-day average mean transfer volume stood below $200,000, a far cry from $1 million and higher during the 2021 bull market, data tracked by Glassnode show.\nWall Street\'s embraceof the Nasdaq-listed spot bitcoin ETFs has been the primary reason for bitcoin\'s latest rally. In other words, the spot volume has been concentrated in ETFs, which also explains the low on-chain volume.\nNevertheless, other metrics also indicate that investors who survived the 2022 bear market are holding onto their coin stash in anticipation of a continued price rally.\nFor instance, the percentage of bitcoin supply that was last active between hree and five years ago continues to increase. Several analysts expect bitcoin\'s price to rally into six figures in the coming months,eventually peakingwell above $150,000.\n"Once we see the price really start to move, that\'s when on-chain volume will surge. Older coins will move to exchanges to be sold. Until then, low on-chain volume is a sign of supply-side illiquidity," analysts at Blockware said.\nBitcoin changed hands at $67,700 at press time, up 5% on a 24-hour basis. The CoinDesk 20 Index, a broader market gauge, was up 5% as well.', '(Updates at 0830 GMT)\nBy Rae Wee and Harry Robertson\nSINGAPORE/LONDON, March 25 (Reuters) - The dollar slipped on Monday, with the threat of currency intervention from Japanese authorities and a government-driven rally in China\'s yuan weighing on the U.S. currency.\nThe Japanese yen was slightly higher on the day and last stood at 151.29 per dollar, having bottomed at a four-month trough of 151.86 last week that left it within striking distance of a 32-year low near 152 per dollar hit in 2022.\nJapan\'s top currency diplomat said on Monday the yen\'s current weakness did not reflect fundamentals, adding to the rhetoric of government officials who have stepped up warnings in recent days over the currency\'s decline.\nThe yen has dropped despite the Bank of Japan hiking interest rates out of negative territory last week. Traders think rates in Japan will remain low for some time and therefore the big interest rate gap with the U.S. will stay in place, boosting the appeal of the dollar.\n"Japanese officials\' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I think that\'s keeping dollar/yen from moving substantially higher."\nThe dollar index was last down 0.1% at 104.35, having clocked a weekly gain of nearly 1% last week.\nChina\'s yuan was the most notable mover in FX markets on Monday, climbing roughly 0.3% in onshore markets to 7.21 to the dollar, while its offshore counterpart climbed around 0.4%.\nSources told Reuters that China\'s major state-owned banks were seen to be selling dollars for yuan in onshore markets on Monday, helping reverse a sudden fall at the end of last week.\nThe Chinese currency has been pressured by growing market expectations of further monetary easing to prop up the world\'s second-largest economy.\n"The support to the renminbi (yuan) has helped to limit Friday\'s advance of the dollar, as has some quite aggressive verbal intervention in support of the yen from Japanese officials," said Chris Turner, global head of markets at ING.\nEuropean currencies regained a small amount of ground on Monday, after dropping last week as investors bought the dollar on the basis that the Federal Reserve seems in no rush to ease rates compared to some of its peers.\nBets for a June rate cut by the European Central Bank and the Bank of England (BoE) have risen substantially after the Swiss National Bank became the first major central bank to lower borrowing costs last week and BoE Governor Andrew Bailey told the Financial Times that rate cuts "were in play" this year.\nThe euro was last up 0.1% at $1.0818, climbing off a near three-week low. Sterling rose 0.08% to $1.2611, having slid more than 1% last week.\nElsewhere, the Australian dollar rose 0.21% to $0.6528.\nBitcoin climbed 5.6% to $67,030. It has fallen around 9% since hitting a record high above $73,800 on March 14.\n(Reporting by Rae Wee in Singapore and Harry Robertson in London; Editing by Shri Navaratnam, Jamie Freed and Sharon Singleton)', '(Recasts lead, updates to add detail in paragraph 3, context in paragraphs 8-12)\nMarch 25 (Reuters) - Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains.\nLast month, Boston-based crypto firm Circle said it would no longer create its USDC tokens on the Tron blockchain, a decision it said "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBinance said it would end support for the stablecoin via the Tron blockchain from April 5 at 0200 GMT.\nUsers can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post.\nTron did not immediately respond to a Reuters request for comment.\nTron founder Justin Sun, a prominent crypto entrepreneur, was sued last year by the U.S. Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nWith around $32.1 billion in circulation, USDC is the eighth largest cryptocurrency and second-largest stablecoin, after Tether.\nMost of the USDC in circulation is based on the Ethereum blockchain, according to Circle\'s website. In February, before Circle ended support for Tron-based USDC, there was around $335 million USDC hosted on Tron.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel. (Reporting by Akanksha Khushi in Bengaluru, additional reporting by Elizabeth Howcroft in London; Editing by Shounak Dasgupta)', '(Reuters) -Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network.\nStablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains.\nLast month, Boston-based crypto firm Circle said it would no longer create its USDC tokens on the Tron blockchain, a decision it said "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBinance said it would end support for the stablecoin via the Tron blockchain from April 5 at 0200 GMT.\nUsers can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post.\nTron did not immediately respond to a Reuters request for comment.\nTron founder Justin Sun, a prominent crypto entrepreneur, was sued last year by the U.S. Securities and Exchange Commission for allegedly artificially inflating trading volumes and selling Tron tokens as an unregistered security. Sun said the SEC charges "lack merit".\nWith around $32.1 billion in circulation, USDC is the eighth largest cryptocurrency and second-largest stablecoin, after Tether.\nMost of the USDC in circulation is based on the Ethereum blockchain, according to Circle\'s website. In February, before Circle ended support for Tron-based USDC, there was around $335 million USDC hosted on Tron.\nIn November, Reuters reported, citing interviews with financial crime experts and blockchain investigation specialists, that Tron had overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States and other countries.\nIn response to that article, a Tron spokesperson said it did not have control over those using its technology, and that it was not linked to the groups identified by Israel.\n(Reporting by Akanksha Khushi in Bengaluru, additional reporting by Elizabeth Howcroft in London; Editing by Shounak Dasgupta)', 'Bitcoin\'s(CRYPTO: BTC)price hit a new all-time high of nearly $73,800 on March 14. It\'s pulled back to about $67,800 as of this writing, but it\'s still up more than 60% this year. That rally suggests the "crypto winter" is finally ending.\nSome investors will be wary of buying Bitcoin after those massive gains. However, I believe it\'s smart to invest $10,000 in the top cryptocurrency -- either through a direct purchase or through an exchange-traded fund (ETF) -- for four simple reasons.\nBitcoin and many other cryptocurrencies tumbled in 2022 as rising rates drove investors away from speculative investments. However, the Federal Reserve is widely expected to cut those rates two to three times this year as inflation cools off.\nAs interest rates decline, investors will likely shift back toward higher-growth plays like cryptocurrencies. That risk-on rotation should drive Bitcoin\'s price even higher this year.\nThe U.S. Securities and Exchange Commission (SEC) approved the market\'s first 11 spot price Bitcoin ETFs this January. That made it much easier to invest in Bitcoin -- which was previously accessible only through direct purchases on cryptocurrency exchanges or ETFs pinned to Bitcoin trusts and future contracts.\nThe six largest spot price Bitcoin ETFs now hold a combined $60.8 billion in assets under management (AUM) -- and that figure could keep climbing as retail and institutional investors add more shares to their portfolios. Ark Invest\'s Cathie Wood believes that if institutional investors allocate just 5% of their portfolios to Bitcoin, its price will surge to $1.5 million by 2027. That\'s a whopping gain ofmore than 2,100%from its current price.\nThe price ofEther(CRYPTO: ETH), the main token of the Ethereum network, also rose over 50% this year as the macro headwinds for the crypto market weakened. Many investors hoped the SEC would approve the first spot price Ether ETFs.\nHowever, the SEC recently requested more information from the Ethereum Foundation in Switzerland and is reportedly pushing Ether and other Ethereum tokens to be reclassified as securities -- which would potentially make the cryptocurrency subject\xa0to tighter government regulations than commodities. The SEC also reiterated its view that Bitcoin is the only cryptocurrency that can be classified as a commodity and tethered to a spot price ETF.\nThe SEC likely believes the Ethereum network\'s shift in September 2022 from the proof-of-work (PoW) model used by Bitcoin to a more energy-efficient proof-of-stake (PoS) model created a fundamental difference between the two cryptocurrencies. With the PoW model, miners directly minted the new cryptocurrencies. But with the PoS model, they are rewarded for locking up coins -- which makes the currencies more like securities than like commodities. The SEC\'s position is a big setback for Ether, but it reinforces the bullish thesis that Bitcoin is a stronger long-term play on the crypto market than Ethereum-based tokens.\nEvery four years, the rewards for mining Bitcoin are cut in half. That "halving" usually generates fierce headwinds for miners likeMarathon Digital, but it will also likely boost Bitcoin\'s market price by reducing its available supply.\nThe last halving occurred on May 11, 2020, back when one Bitcoin was worth only $8,800. The next halving is expected to occur this April. Some of the anticipation is likely already baked into Bitcoin\'s rising price, but it could soar even higher after the halving -- especially if it coincides with declining interest rates and rising institutional purchases.\nYou shouldn\'t invest $10,000 in Bitcoin if you can\'t stomach the near-term volatility. This is still a cryptocurrency that could be easily cut in half before it doubles. But if you can afford to stash away that $10,000 for at least a few years, it makes sense to buy some Bitcoin today as the ETF approvals, halving, and other catalysts draw in more investors.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool', 'Bitcoin\'s(CRYPTO: BTC)price hit a new all-time high of nearly $73,800 on March 14. It\'s pulled back to about $67,800 as of this writing, but it\'s still up more than 60% this year. That rally suggests the "crypto winter" is finally ending.\nSome investors will be wary of buying Bitcoin after those massive gains. However, I believe it\'s smart to invest $10,000 in the top cryptocurrency -- either through a direct purchase or through an exchange-traded fund (ETF) -- for four simple reasons.\nBitcoin and many other cryptocurrencies tumbled in 2022 as rising rates drove investors away from speculative investments. However, the Federal Reserve is widely expected to cut those rates two to three times this year as inflation cools off.\nAs interest rates decline, investors will likely shift back toward higher-growth plays like cryptocurrencies. That risk-on rotation should drive Bitcoin\'s price even higher this year.\nThe U.S. Securities and Exchange Commission (SEC) approved the market\'s first 11 spot price Bitcoin ETFs this January. That made it much easier to invest in Bitcoin -- which was previously accessible only through direct purchases on cryptocurrency exchanges or ETFs pinned to Bitcoin trusts and future contracts.\nThe six largest spot price Bitcoin ETFs now hold a combined $60.8 billion in assets under management (AUM) -- and that figure could keep climbing as retail and institutional investors add more shares to their portfolios. Ark Invest\'s Cathie Wood believes that if institutional investors allocate just 5% of their portfolios to Bitcoin, its price will surge to $1.5 million by 2027. That\'s a whopping gain ofmore than 2,100%from its current price.\nThe price ofEther(CRYPTO: ETH), the main token of the Ethereum network, also rose over 50% this year as the macro headwinds for the crypto market weakened. Many investors hoped the SEC would approve the first spot price Ether ETFs.\nHowever, the SEC recently requested more information from the Ethereum Foundation in Switzerland and is reportedly pushing Ether and other Ethereum tokens to be reclassified as securities -- which would potentially make the cryptocurrency subject\xa0to tighter government regulations than commodities. The SEC also reiterated its view that Bitcoin is the only cryptocurrency that can be classified as a commodity and tethered to a spot price ETF.\nThe SEC likely believes the Ethereum network\'s shift in September 2022 from the proof-of-work (PoW) model used by Bitcoin to a more energy-efficient proof-of-stake (PoS) model created a fundamental difference between the two cryptocurrencies. With the PoW model, miners directly minted the new cryptocurrencies. But with the PoS model, they are rewarded for locking up coins -- which makes the currencies more like securities than like commodities. The SEC\'s position is a big setback for Ether, but it reinforces the bullish thesis that Bitcoin is a stronger long-term play on the crypto market than Ethereum-based tokens.\nEvery four years, the rewards for mining Bitcoin are cut in half. That "halving" usually generates fierce headwinds for miners likeMarathon Digital, but it will also likely boost Bitcoin\'s market price by reducing its available supply.\nThe last halving occurred on May 11, 2020, back when one Bitcoin was worth only $8,800. The next halving is expected to occur this April. Some of the anticipation is likely already baked into Bitcoin\'s rising price, but it could soar even higher after the halving -- especially if it coincides with declining interest rates and rising institutional purchases.\nYou shouldn\'t invest $10,000 in Bitcoin if you can\'t stomach the near-term volatility. This is still a cryptocurrency that could be easily cut in half before it doubles. But if you can afford to stash away that $10,000 for at least a few years, it makes sense to buy some Bitcoin today as the ETF approvals, halving, and other catalysts draw in more investors.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 21, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Bitcoin With $10,000was originally published by The Motley Fool', 'In anticipation of the market volatility expected with the upcoming Bitcoin halving, PrismaStake announces the launch of its advanced staking platform. Designed for resilience in fluctuating markets, it offers robust passive income opportunities through ETH crypto staking, altcoin staking, and beyond. Arthur Kennedy, Founder & CTO, emphasizes PrismaStake\'s role in stabilizing crypto earnings.\nMelbourne, Australia, March 25, 2024 (GLOBE NEWSWIRE) --\nIn the ever-evolving landscape of cryptocurrency, the impending Bitcoin halving stands as a pivotal event that historically triggers significant market volatility. Amidst this backdrop,PrismaStakeemerges as a beacon of innovation and stability, announcing the official launch of its multi-chain staking platform. Designed to withstand the ebbs and flows of the crypto market, PrismaStake introduces a novel approach to cryptocurrency staking, offering a secure and lucrative avenue for investors to earn passive income, especially during periods of market uncertainty.\nArthur Kennedy, the visionary Founder & CTO of PrismaStake, shared his perspective on the timing of the launch: "With the Bitcoin halving on the horizon, we understand the apprehensions surrounding market volatility. PrismaStake is our answer to those seeking stability and consistent returns in these turbulent times. Our platform is built to empower users, allowing them to leverage staking as a strategic asset in their investment portfolio."\nThe significance of Bitcoin halving events cannot be overstated, often leading to sharp fluctuations in the crypto market as the reward for mining new blocks is halved, theoretically decreasing the supply of new bitcoins entering the market. This anticipated volatility underscores the importance of having diverse investment strategies, such as those offered by PrismaStake, to navigate the changing tides.\nPrismaStake\'s platform distinguishes itself by offering a secure, decentralized environment for staking a variety of cryptocurrencies, including ETH crypto staking and altcoin staking. Utilizing cutting-edge smart contracts, PrismaStake ensures that users can partake in innovative staking pools with attractive Annual Percentage Rates (APRs), regardless of market conditions. This approach not only mitigates the risks associated with market volatility but also maximizes earning potential.\nA cornerstone of PrismaStake\'s offering is its resilience in the face of market fluctuations. By providing multi-chain liquidity provision, the platform allows users to diversify their staking activities across multiple blockchains. This diversity is crucial for spreading risk and enhancing potential rewards, especially in a market bracing for the impact of the Bitcoin halving.\nMoreover, PrismaStake prioritizes user autonomy and security, employing decentralized smart contracts to protect users\' staking transactions. "In these uncertain times, securing our users\' investments with the most robust blockchain technologies is our top priority. Our platform not only offers a safe harbor from market volatility but also ensures that staking remains a viable and profitable strategy for earning passive income," Arthur Kennedy remarked.\nPrismaStake\'s commitment to community building and user education is especially pertinent as the market navigates the implications of the Bitcoin halving. Through its rewarding referral program and educational resources, PrismaStake aims to foster a well-informed community of stakers who can make strategic decisions in a volatile market environment.\nThe platform\'s user-friendly interface ensures that anyone, from seasoned investors to those new to cryptocurrency staking, can easily start staking and earning passive income. This accessibility is critical for attracting a broad user base seeking stable investment options in the lead-up to and aftermath of the Bitcoin halving.\nAs PrismaStake continues to develop and adapt its services to meet the changing needs of the cryptocurrency market, it remains firmly committed to its vision of democratizing access to cryptocurrency earnings. "We\'re not just navigating the volatility; we\'re embracing it as an opportunity to strengthen and expand our platform. PrismaStake is here to redefine what it means to earn passive income in the world of cryptocurrency, offering peace of mind and profitability in equal measure," concluded Kennedy.\nAbout PrismaStakePrismaStake is revolutionizing the crypto space with its innovative decentralized staking platform, enabling users to earn passive income through diverse cryptocurrency staking opportunities. By harnessing the power of advanced smart contracts, the platform guarantees secure and profitable staking options, including ETH crypto staking and altcoin staking. Designed to cater to both seasoned investors and newcomers, PrismaStake emphasizes security, flexibility, and user autonomy, providing a reliable method for enhancing digital asset earnings. With a commitment to offering competitive returns and fostering a vibrant community, PrismaStake is redefining the future of decentralized finance by making cryptocurrency staking accessible and rewarding for all.\nFor more information, visit PrismaStake\'s website and start your staking journey today.\nFor media inquiries, please contact:Name: Nicholas SwanPosition: Marketing & Community ManagerEmail: [email protected]:https://prismastake.finance/\nDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Nicholas Swan PrismaStake contact at prismastake.finance', '(Updates prices at 1205 GMT)\nBy Harry Robertson and Rae Wee\nLONDON/SINGAPORE, March 25 (Reuters) - The dollar slipped on Monday, with the threat of currency intervention from Japanese authorities and a government-driven rally in China\'s yuan weighing on the U.S. currency.\nThe Japanese yen was around 0.1% higher and last stood at 151.29 per dollar, having bottomed at a four-month trough of 151.86 last week that left it within striking distance of a 32-year low near 152 per dollar hit in 2022.\nA rise in the yen helped push the dollar index down 0.16% to 104.26, after a weekly gain of nearly 1% last week.\nJapan\'s top currency diplomat said on Monday the yen\'s weakness did not reflect fundamentals, adding to the rhetoric of government officials who have stepped up warnings in recent days over the currency\'s decline.\nThe yen has dropped despite the Bank of Japan hiking interest rates out of negative territory last week. Traders think rates in Japan will remain low for some time and therefore the big interest rate gap with the U.S. will stay in place, boosting the appeal of the dollar.\n"Japanese officials\' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I think that\'s keeping dollar/yen from moving substantially higher."\nChina\'s yuan found some strength on Monday, climbing roughly 0.2% in onshore markets to 7.21 to the dollar, while its offshore counterpart rose around 0.4%.\nSources told Reuters that China\'s major state-owned banks were seen to be selling dollars for yuan in onshore markets on Monday, helping reverse a sudden fall at the end of last week.\nThe Chinese currency has been pressured by growing market expectations of further monetary easing to prop up the world\'s second-largest economy.\n"The support to the renminbi (yuan) has helped to limit Friday\'s advance of the dollar, as has some quite aggressive verbal intervention in support of the yen from Japanese officials," said Chris Turner, global head of markets at ING.\nEuropean currencies regained some ground on Monday, after dropping last week as investors bought the dollar on the basis that the Federal Reserve seems in no rush to ease rates compared to some of its peers.\nThe euro was last up 0.19% at $1.0828, climbing off a near three-week low. Sterling rose 0.31% to $1.264, having slid more than 1% last week.\nBets for a June rate cut by the European Central Bank and the Bank of England (BoE) have risen substantially after the Swiss National Bank became the first major central bank to lower borrowing costs last week and BoE Governor Andrew Bailey told the Financial Times that rate cuts "were in play" this year.\nElsewhere, the Australian dollar rose 0.31% to $0.6535.\nBitcoin climbed 5.4% to $66,900. It has fallen around 9% since hitting a record high above $73,800 on March 14.\n(Reporting by Harry Robertson in London and Rae Wee in Singapore; Editing by Sharon Singleton and Mark Potter)', 'Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available\nFort Lauderdale, FL, March 25, 2024 (GLOBE NEWSWIRE) --Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launchedMARAFWandMARA UCB 2100, industry leading firmware and a control board designed to improve the performance, efficiency, and versatility of various Bitcoin mining rigs.\nFor the past year, Marathon has been developing and testing MARAFW and MARA UCB 2100 control board as part of its vertical tech stack to optimize performance. The Company is currently rolling out MARAFW across its fleet of more than 200,000 Bitcoin mining rigs.\nGiven the positive results of these initial rollouts, Marathon is now offering both MARAFW and MARA UCB 2100 to the broader Bitcoin mining community. Marathon has already successfully sold MARAFW and MARA UCB2100 to multiple enterprise clients. The Company is now providing all interested miners with the opportunity to experience some of the unique technology that sets Marathon apart.\nMARAFW is custom firmware designed to optimize the individual chip settings of Bitcoin miners, providing an opportunity to improve their performance and efficiency while stabilizing operations. MARAFW offers several key features that seek to optimize Bitcoin miners, including increasing hash rate while maintaining optimal efficiency and allowing for quick auto-tuning or manual customization of settings for targeted performance. It provides options for overclocking to assist in boosting bitcoin production or underclocking for improved efficiency. Additionally, MARAFW includes intelligent thermal protection to defend miners against overheating, thereby protecting their longevity. MARAFW is compatible with the majority of stock control boards, as well as Marathon’s MARA UCB 2100.\nMARA UCB 2100 is a replacement control board, designed in-house by Marathon, that comes preloaded with Marathon’s proprietary firmware – MARAFW. The control board supports various Bitcoin mining rigs and is compatible across multiple mining pools.\n“One of Marathon’s key differentiators is its vertical tech stack, and for the first time, we are providing the broader mining community with an opportunity to experience some of the proprietary technologies that set Marathon apart,” said Fred Thiel, Marathon’s chairman and CEO. “With MARAFW and MARA UCB 2100, we have developed a unique set of complimentary products that we believe can help miners better navigate the upcoming halving and beyond. We invite all parties who are interested in mining like Marathon to contact us and test some of the unique technologies that we are developing to improve profitability, efficiency, and stability.”\nFrom March 26 to March 27, 2024, Marathon will be showcasing the new MARA UCB 2100 control board at theEmpower Conferencein Houston.\nMARAFW and MARA UCB 2100 are available for purchase today. To schedule a demo or to learn more about these products, visitmara.com/firmwareandmara.com/control-board.\nInvestor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 28, 2024. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Forward-Looking Statements" below.\nForward-Looking StatementsStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company\'s Annual Reports on Form 10-K, as may be supplemented or amended by the Company\'s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.\nAbout Marathon Digital HoldingsMarathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America.\nFor more information, visitwww.mara.com, or follow us on:\nTwitter:@MarathonDHLinkedIn:www.linkedin.com/company/marathon-digital-holdingsFacebook:www.facebook.com/MarathonDigitalHoldingsInstagram:@marathondigitalholdings\nMarathon Digital HoldingsCompanyContact:Telephone: 800-804-1690Email:[email protected]\nMarathon Digital Holdings Media Contact:Email:[email protected]', 'Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available\nFort Lauderdale, FL, March 25, 2024 (GLOBE NEWSWIRE) --Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launchedMARAFWandMARA UCB 2100, industry leading firmware and a control board designed to improve the performance, efficiency, and versatility of various Bitcoin mining rigs.\nFor the past year, Marathon has been developing and testing MARAFW and MARA UCB 2100 control board as part of its vertical tech stack to optimize performance. The Company is currently rolling out MARAFW across its fleet of more than 200,000 Bitcoin mining rigs.\nGiven the positive results of these initial rollouts, Marathon is now offering both MARAFW and MARA UCB 210 Last 60 Days of Bitcoin's Closing Prices: [39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-25 Financial & Commodity Data: - Gold Closing Price: $2174.80 - Crude Oil Closing Price: $81.95 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,371,210,867,481 - Hash Rate: 550845688.6799122 - Transaction Count: 317064.0 - Unique Addresses: 623335.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has led the crypto craze in 2024, performing extremely well and turning heads across the financial sector. The price has continued to rise, and many do not see the bullish momentum ending anytime soon. As exchange-traded funds (ETFs) continue to bring inflows and the upcoming halving potentially serves as a further catalyst, the future outlook for Bitcoin looks promising. A huge number of people have invested in Bitcoin. There are over 50 million Bitcoin wallets with a nonzero balance, and Bitcoin ETFs mean that this number could be even higher. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? With Bitcoin's dominance in 2024, many are looking at the token more as a prospective investment and less as a store of value. After a huge run and setting new highs in 2024, some investors are simply looking for a quick profit on a trade of Bitcoin. This contrasts slightly from the previous bull market in 2020 and 2021. At that time, many saw Bitcoin as a way to hedge against high inflation and as a store of value because of its unique token supply system. Bitcoin's supply is constantly increasing as new tokens are given to miners who verify transactions. However, the amount of tokens given each day will continue to be cut in half every four years in a process known as a halving. This means that the token supply is increasing at a slowing rate, contrasting traditional money supplies,which generally increase exponentially. Bitcoin has strong deflationary properties in terms of token supply that can help the price appreciate faster than inflation. This allows Bitcoin owners to potentially hold an asset that gains buying power over time. This is the essence of Bitcoin as a store of value, as opposed to a speculative investment. Bitcoin fans hold it precisely for this reason. They believe that the buying power of Bitcoin will continue to increase over time. They also see a path for large-scale Bitcoin adoption, meaning that they could eventually make all of their purchases with Bitcoin. Trending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. To back up these ideas, there are a few metrics that deal with the buying power of Bitcoin over time. In particular,a post on X from user @IIICapitalrecently went viral for showing the median U.S. house price in terms of BTC: 2012 – 50,616 BTC 2013 – 19,127 BTC 2014 – 351 BTC 2015 – 901 BTC 2016 – 697 BTC 2017 – 323 BTC 2018 – 24 BTC 2019 – 84 BTC 2020 – 46 BTC 2021 – 10 BTC 2022 – 20 BTC 2023 – 14 BTC 2024 – 7 BTC For reference, the median house in 2012cost around $240,000, while Bitcoin's low in 2012 was around $4.70, leading to about 50,000 BTC per house. In 2024, the median house price is just under $420,000, while Bitcoin recently surpassed $70,000. At that price, the median house is worth six Bitcoin. The data is a bit skewed, using yearly lows in Bitcoin during the early years to inflate the number of Bitcoin per house slightly, but the data is accurate. If you had put a few dollars in Bitcoin in 2012, you could now afford a house priced at more than $450,000. This deflationary aspect of Bitcoin is a key reason that HODLers continue to buy the token. Read Next: • Bitcoin has jumped another 45% already this year –how much would you need to get started today? • Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articleHow Many Bitcoins Does It Take To Buy A House? The Number Might Surprise Youoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', 'SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", 'By Tom Westbrook\nSINGAPORE, March 26 (Reuters) - Asian equities climbed on Tuesday but could not break this month\'s highs as mixed messages from U.S. Federal Reserve policymakers left doubts hanging over the timing of interest rate cuts.\nThe risk of Japan intervening to prevent further falls in the yen put a little pressure on the dollar, however it rose against the yuan on speculation that China may tolerate a weaker currency.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, with gains for South Korean chipmakers SK Hynix and Samsung Electronics leading the Kospi up 1.2%.\nJapan\'s rocketing Nikkei was steady, as was the yen at 151.31 per dollar.\nOvernight, Chicago Fed President Austan Goolsbee said he had pencilled in three rate cuts this year, while Fed Governor Lisa Cook urged caution and Atlanta Fed President Raphael Bostic re-iterated Friday remarks trimming his expectations to one cut.\nThe diversity of views throws a few wildcards into the policy outlook while markets wait on the next U.S. inflation indicators due when many markets will be closed for Good Friday.\n"Comments by FOMC participants suggest to us that four voters – Bostic, Bowman, Mester, and Barkin – see zero, one or two cuts this year," said Standard Chartered strategist Steve Englander.\n"We still think (chairman Jerome) Powell has eight votes for easing, but he probably does not want an 8-4 vote on the first cut of the cycle. Rather, he may hope that good inflation outcomes will allow him to swing a couple of votes into the cutting camp in the coming months."\nInterest rate futures price about three Fed rate cuts this year and about a three-in-four chance of the first cut in June.\nU.S. two-year yields, which track short-term interest rate expectations, rose in New York trade overnight then fell 4.5 basis points in the Asia morning to 4.58%.\nS&P 500 futures rose 0.1% and the cash index closed 0.3% lower overnight.\nIn foreign exchange, Monday\'s rhetoric from Japan\'s top currency diplomat, Masato Kanda, kept the yen steady as traders weigh the risk of Japan buying heavily. Kanda said the yen\'s recent slide was "strange" and "speculative".\nThe Bank of Japan (BOJ) lifted interest rates last week but the yen has fallen near to three-decade lows on the dollar.\n"Much like in 2016, when the BOJ cut rates to negative and (dollar/yen) went down, this month\'s BOJ decision to exit negative rates is a nothingburger and a red herring for (dollar/yen)," said Spectra Markets President Brent Donnelly.\n"The pair continues to follow some combination of U.S. yields and Nikkei, with yields the primary driver."\nChina\'s yuan opened steady after a stronger-than-expected fixing of its trading band, but selling pressure soon drove it to the weak side of its 200-day moving average at 7.2165 per dollar.\nMarkets were unsettled by a sharp drop in the yuan on Friday, after months of tight trading, and some speculate China is loosening its grip on the currency to allow it to fall.\n"Whether this reflects a shift in FX policy remains to be seen but accommodative monetary conditions are necessary in the face of growth headwinds," said BofA Securities\' strategist Adarsh Sinha.\n"If (yuan) depreciation sustains and coincides with a weaker credit impulse, Asia FX is vulnerable."\nLater on Tuesday, the Reserve Bank of New Zealand\'s chief economist is due to speak and U.S. manufacturing, services and consumer confidence figures are due. U.S. core PCE data is due on Friday.\nGold and oil prices were broadly steady in commodities trade, with spot gold at $2,169 an ounce and Brent crude futures up 24 cents a barrel to $86.99.\nBitcoin hovered just above $70,000 after rising sharply on Monday.\n(Editing by Lincoln Feast.)', '• US stocks sold off on Monday as investors await further commentary from the Fed and inflation data.\n• February core PCE and personal spending data will be released on Friday.\n• Fed President Austan Goolsbee said he expects three interest rate cuts in 2024.\nUS stocks sold off on Monday as investors await further commentary from the Federal Reserve and more inflation data.\nFed President Austan Goolsbee said he expects the central bank to cut interest rates three times in 2024, which is in-line with current market expectations.\n"We\'re in an uncertain state but it doesn\'t feel to me like we\'ve changed fundamentally the story that we\'re getting back to target," Goolsbee said on Monday.\nMeanwhile, Fed President Raphael Bostic said he expects only one rate cut this year.\n"As long as the economy is strong, as long as GDP is high, as long as businesses are hiring and folks have jobs, I\'m not in a hurry to get inflation down to 2%," Bostic said on Monday.\nFed Governor Christopher Waller and Fed Chairman Jerome Powell will speak later this week, and investors will continue to listen for any clues from the Fed members as to when the central bank may consider cutting interest rates.\nMeanwhile, more inflation data is scheduled to be released on Friday, with the February core PCE Index. The median forecasts suggest core PCE will rise 2.8% year-over-year, which is in-line with the previous reading. Investors will be unable to react to the data until next week, as the stock market is closed on Friday in observance of Good Friday.\nHere\'s where US indexes stood shortly after the 9:30 a.m. opening bell on Monday:\n• S&P 500:5,218.22, down 0.3%\n• Dow Jones Industrial Average:39,313.77, down 0.41% (-162.13 points)\n• Nasdaq Composite:16,384.47, down 0.27%\nHere\'s what else is going on today:\n• Boeing CEO Dave Calhoun will step down from the company at the end of the year.Calhoun\'s resignation comes amid an ongoing safety saga for the plane manufacturer. Boeing stock jumped on the news.\n• JPMorgan initiated coverage on Super Micro Computerwith an "Overweight" rating and set a $1,150 price target for the AI stock.\n• The AI boom in the stock market could make it difficult for the Fed to cut interest rates,a top economist said.\n• Bank of America said stocks could rise another 34%by 2026, and the bull market could last until 2033.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.77% to $82.06 a barrel.Brent crude, the international benchmark, climbed by 1.59% to $86.79 a barrel.\n• Goldrose by 0.65% to $2,174.00 per ounce.\n• The 10-year Treasury yield rose 5 basis points to 4.26%.\n• Bitcoinsurged 5.43% to $70,858.\nRead the original article onBusiness Insider', "Coinbase, the leading US-based cryptocurrency exchange, is experiencing a surge in its stock price as Bitcoin and the overall crypto market is rallying. With Bitcoin surpassing $70,000 per coin, Coinbase's publicly-traded shares (COIN:NASDAQ) are trading at $279.65, reaching its highest value since the peak of the last crypto bull run in November 2021.\nOver the past month, Coinbase's stock price has soared by 44%, and saw an increase of 346% over the past year, according to NASDAQ data. Coinbase went public in April 2021, debuting at $381 per share. However, due to the crypto bear market, its stock traded down to as low as $33.26 on January 6.\nCoinbase recently announced plans to raise $1 billion through a private offering of convertible senior notes for institutional investors. The San Francisco-based exchange is also offering various services, including custody, to major players in the crypto industry like BlackRock.\nCoinbase's financial performance has been robust, as evidenced by its Q4 2023 results, revealing a profit of $273.4 million.Bitcoin (BTC)currently stands at $70,243, gaining 5.25% over the past 24 hours.", "Coinbase, the leading US-based cryptocurrency exchange, is experiencing a surge in its stock price as Bitcoin and the overall crypto market is rallying. With Bitcoin surpassing $70,000 per coin, Coinbase's publicly-traded shares (COIN:NASDAQ) are trading at $279.65, reaching its highest value since the peak of the last crypto bull run in November 2021.\nOver the past month, Coinbase's stock price has soared by 44%, and saw an increase of 346% over the past year, according to NASDAQ data. Coinbase went public in April 2021, debuting at $381 per share. However, due to the crypto bear market, its stock traded down to as low as $33.26 on January 6.\nCoinbase recently announced plans to raise $1 billion through a private offering of convertible senior notes for institutional investors. The San Francisco-based exchange is also offering various services, including custody, to major players in the crypto industry like BlackRock.\nCoinbase's financial performance has been robust, as evidenced by its Q4 2023 results, revealing a profit of $273.4 million.Bitcoin (BTC)currently stands at $70,243, gaining 5.25% over the past 24 hours.", "The crypto markets are showing signs of recovery after a sharp sell-off last week, withBitcoin (BTC)reclaiming the $70,000 level. Among the top 10 digital currencies by market capitalization,Solana (SOL)andAvalanche (AVAX)have emerged as the top performers, recording significant gains over the past 24 hours.\nSolana, currently the best-performing token among the top 10, has experienced a notable 15% gain from the lows of the sell-off. SOL surged from $165 to $190, building on its rebound from the weekend, according to CoinMarketCap data. However, analystsbelieveSolana may be approaching a critical zone, with certain indicators like the average directional index (ADX) and relative strength index (RSI) suggesting a potential correction or even a trend reversal.\nAvalanche, the native cryptocurrency of the Avalanche ecosystem, has also demonstrated strong price performance, surging 18% from the lows of the recent sell-off. The positive performance of Avalanche may be attributed to the Avalanche Foundation's efforts to boost its memecoin ecosystem through a liquidity injection program.\nDespite concerns over more outflows from the spot Bitcoin ETFs, particularly Grayscale’s GBTC, the reclaim of the $70,000 level for BTC signals positive momentum ahead of the Bitcoin halving in April. This could set the leg for altcoins like SOL and AVAX to continue its bullish momentum.", "Grayscale, a prominent cryptocurrency asset management firm, remains optimistic about the approval of spotEthereum (ETH)exchange-traded funds (ETFs) in May, despite recent concerns over the lack of engagement from the U.S. securities regulator.\nCraig Salm, the Chief Legal Officer of Grayscale,expressedconfidence in the approval of ETFs and dismissed the notion that the perceived lack of engagement from regulators should determine the outcome. Salm emphasized that many of the issues related to spot Ether ETFs had already been resolved before spot Bitcoin ETFs were approved. These issues included creation and redemption procedures, cash and in-kind models, asset protection, loss prevention, and custody.\nAccording to Salm, the Securities and Exchange Commission (SEC) has already engaged with the issuers, and as a result, there is less to engage on this time. He further stated that the case for spot Ether ETFs is just as strong as it was for spot Bitcoin ETFs.\nHowever, ETF applicants seeking to incorporate staking into their spot Ether ETFs may need to address an additional concern with the regulator. Companies such as Ark 21Shares, Fidelity, and Franklin Templeton have included staking in their applications and will need to resolve this matter.\nBloomberg ETF analysts Eric Balchunas and James Seyffart have expressed concerns about the lack of engagement from the SEC and have lowered their odds for the approval of spot Ether ETFs in May to 25%. Numerous companies, including BlackRock, VanEck, ARK 21Shares, Fidelity, Invesco Galaxy, Grayscale, Franklin Templeton, and Hashdex, have applied for spot Ether ETFs and are awaiting SEC approval. The SEC is expected to make a final decision on VanEck's application by May 23, and all applicants are expected to receive a decision on that day.", "The London Stock Exchange (LSE) hasannouncedits plans to launch exchange-traded notes (ETNs) forBitcoin (BTC)andEthereum (ETH)on May 28, providing investors with investment products that track the performance of these cryptocurrencies.\nApplications for crypto ETNs can be submitted starting from April 8, with successful funds expected to be listed the following month, subject to approval from the country's Financial Conduct Authority (FCA). In order to be considered, issuers must submit a draft prospectus and a letter explaining how they meet the requirements for ETNs by April 15.\nTo gain approval, the crypto ETNs must be physically backed, non-leveraged, have a reliable value based on the underlying market price, and be denominated solely in BTC or ETH. Furthermore, the underlying assets must be held in cold storage by a custodian licensed for Anti-Money Laundering regulations in the United Kingdom, European Union, or United States.\nHowever, it is important to note that these ETNs will only be available to professional investors, as the UK FCA has prohibited the sale of crypto derivatives and ETNs to retail investors since January 2021.\nIn its two-year plan, the FCA has expressed its intention to strengthen measures against market abuse in the crypto space. In October of the previous year, the FCA implemented new regulations for crypto-related marketing, emphasizing its commitment to taking robust action against any potential breaches.", "The London Stock Exchange (LSE) hasannouncedits plans to launch exchange-traded notes (ETNs) forBitcoin (BTC)andEthereum (ETH)on May 28, providing investors with investment products that track the performance of these cryptocurrencies.\nApplications for crypto ETNs can be submitted starting from April 8, with successful funds expected to be listed the following month, subject to approval from the country's Financial Conduct Authority (FCA). In order to be considered, issuers must submit a draft prospectus and a letter explaining how they meet the requirements for ETNs by April 15.\nTo gain approval, the crypto ETNs must be physically backed, non-leveraged, have a reliable value based on the underlying market price, and be denominated solely in BTC or ETH. Furthermore, the underlying assets must be held in cold storage by a custodian licensed for Anti-Money Laundering regulations in the United Kingdom, European Union, or United States.\nHowever, it is important to note that these ETNs will only be available to professional investors, as the UK FCA has prohibited the sale of crypto derivatives and ETNs to retail investors since January 2021.\nIn its two-year plan, the FCA has expressed its intention to strengthen measures against market abuse in the crypto space. In October of the previous year, the FCA implemented new regulations for crypto-related marketing, emphasizing its commitment to taking robust action against any potential breaches.", 'U.S. stock markets saw a pullback on Monday to start a holiday-shortened week. However, Wall Street is likely to record the fifth consecutive winning month despite volatility. The AI-driven rally of the last 15 months is showing no sign of losing pace.\nThe AI-space is yet to unfold in the United States and international markets. Smart devices need computing and learning capabilities to perform face detection, image recognition and video analytics capabilities. These require high processing power, speed and memory, low power consumption, and better graphic processors and solutions, which bode well for the semiconductor industry.\nOverall investors’ sentiment remains bullish. The latest weekly American Association of Individual Investors sentiment survey shows that 43.2% of respondents remain bullish on stock markets for the next six months, well above the historical average of 37.5%.\nIn this respect, we will get more details from the Conference Board’sConsumer Confidence Indexand the University of Michigan’sConsumer Sentiment Indexfor March this week.\nMeanwhile, China has enforced new guidelines that will phase out U.S. processors in government computers and servers. The new guidelines will effectively block chips ofIntel Corp.INTC andAdvanced Micro Devices Inc. AMD from being exported to China.\nThe CEO of the embattled aerospace giantThe Boeing Co.BA Dave Calhoun will step down at the end of 2024. This will be an important part of a broad management overhaul. Larry Kellner, chairman of the board, will be succeeded by Steve Mollenkopf to pick a new CEO.\nOn the other hand, biotech bigwigAmgen Inc.AMGN has decided to make a foray into an overcrowded field of developing a next-generation weight loss drug. This field has so far been dominated byNovo Nordisk A/SNVO andEli Lilly and Co.LLY.\nHowever, Amgen has claimed that its injectable treatment will be different from the existing injectable therapies. A section of analysts expects the market size of this therapy to reach $100 billion by the end of the decade.\nIn the cryptocurrency space,Bitcoinreclaimed the crucial $70,000 level. The largest crypto hit an all-time high of $73,797.68 on Mar 14. Thereafter, it entered into a correction mode declining more than 15% last week. On Mar 25, Bitcoin closed above 70,000 after briefly touching $71,239.31 in late afternoon trading.\nOn the economic data front, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced thatNew Home salesin February fell to 662,000 units, missing the consensus estimate of 678,000 units. The metric for January was revised upward to 664,000 units from 661,000 units reported earlier.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nThe Boeing Company (BA) : Free Stock Analysis Report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNovo Nordisk A/S (NVO) : Free Stock Analysis Report\nEli Lilly and Company (LLY) : Free Stock Analysis Report\nAmgen Inc. (AMGN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', '• Bitcoin briefly surpassed $71,000 on Tuesday, boosted by sentiment around possible new bitcoin-based institutional product offerings.\n• The London Stock Exchange approved a marketplace for trading BTC and ETH exchange-traded notes (ETNs) in May, which led to strong upside momentum for BTC, traders said.\n• Projects linked to Coinbase Ventures recorded the most gains, with an average 10% increase, while the CoinDesk 20, an index of the biggest tokens, rose 4.47%.\nBitcoin {{BTC}} briefly topped the $71,000 mark early Tuesday before retreating as market sentiment grew on new bitcoin-based institutional product offerings and demand from traditional desks.\nCrypto markets started rising on Monday as the London Stock Exchange approved a marketplace for trading bitcoin and ether {{ETH}} exchange-traded notes (ETNs) in May,as reported. The LSE will start to accept applications from April 8.\nSingapore-based QCP Capital said in a Telegram broadcast there was “strong upside momentum” for bitcoin after the development, with asset managers also continuing to add BTC allocations as a “portfolio diversifier.”\n“Anecdotally, wealth desks at major banks have been pleasantly shocked at the tremendous demand from clients for bitcoin spot ETFs and requests for structured products,” the firm added.\nBitcoin jumped nearly 5% in the past 24 hours, leading the rally among crypto majors, data show. Ether, Solana’s SOL, and Cardano’s ADA rose over 4.5%. Near Protocol’s NEAR and Internet Computer’s ICP jumped over 10% to post the most gains among alternative tokens.\nProjects linked to Coinbase Ventures, the investment arm of the prominent crypto exchange, recorded the most gains as a category with an average 10% bump. Such gains came as sentiment and on-chain activity on the closely related Base blockchain grew over the weekend.\nThe broader CoinDesk 20, an index of the biggest tokens minus stablecoins,rose 4.47%. Data shows that open interest in crypto-tracked futures jumped nearly 8%, indicative of money flowing into the market—which usually precedes volatility.\nThe rise helped erase losses from last week amid record outflows from the Grayscale bitcoin ETF (GBTC). Inflows to other bitcoin ETFs dropped in tandem, giving rise to concerns of aspot-driven selloff.\nSome market analysts said the waning inflows were not a sign of concern, however, as long-term investors could have partially profited from their positions.\n“We also do not see the state of inflows into spot Bitcoin ETFs as any cause for concern,” Bitfinex analysts said in an email “Even though negative ETF outflows featured heavily last week, all of it is from the Grayscale Bitcoin Trust (GBTC), as investors both switch out of the higher fees demanded by GBTC and also take profit, especially as many of these investors are long-term holders who entered during the bear market.”\n“GBTC investors are not the only sellers in the market. Whale wallet activities have also indicated significant profit taking,” they added.', '• Bitcoin briefly surpassed $71,000 on Tuesday, boosted by sentiment around possible new bitcoin-based institutional product offerings.\n• The London Stock Exchange approved a marketplace for trading BTC and ETH exchange-traded notes (ETNs) in May, which led to strong upside momentum for BTC, traders said.\n• Projects linked to Coinbase Ventures recorded the most gains, with an average 10% increase, while the CoinDesk 20, an index of the biggest tokens, rose 4.47%.\nBitcoin {{BTC}} briefly topped the $71,000 mark early Tuesday before retreating as market sentiment grew on new bitcoin-based institutional product offerings and demand from traditional desks.\nCrypto markets started rising on Monday as the London Stock Exchange approved a marketplace for trading bitcoin and ether {{ETH}} exchange-traded notes (ETNs) in May,as reported. The LSE will start to accept applications from April 8.\nSingapore-based QCP Capital said in a Telegram broadcast there was “strong upside momentum” for bitcoin after the development, with asset managers also continuing to add BTC allocations as a “portfolio diversifier.”\n“Anecdotally, wealth desks at major banks have been pleasantly shocked at the tremendous demand from clients for bitcoin spot ETFs and requests for structured products,” the firm added.\nBitcoin jumped nearly 5% in the past 24 hours, leading the rally among crypto majors, data show. Ether, Solana’s SOL, and Cardano’s ADA rose over 4.5%. Near Protocol’s NEAR and Internet Computer’s ICP jumped over 10% to post the most gains among alternative tokens.\nProjects linked to Coinbase Ventures, the investment arm of the prominent crypto exchange, recorded the most gains as a category with an average 10% bump. Such gains came as sentiment and on-chain activity on the closely related Base blockchain grew over the weekend.\nThe broader CoinDesk 20, an index of the biggest tokens minus stablecoins,rose 4.47%. Data shows that open interest in crypto-tracked futures jumped nearly 8%, indicative of money flowing into the market—which usually precedes volatility.\nThe rise helped erase losses from last week amid record outflows from the Grayscale bitcoin ETF (GBTC). Inflows to other bitcoin ETFs dropped in tandem, giving rise to concerns of aspot-driven selloff.\nSome market analysts said the waning inflows were not a sign of concern, however, as long-term investors could have partially profited from their positions.\n“We also do not see the state of inflows into spot Bitcoin ETFs as any cause for concern,” Bitfinex analysts said in an email “Even though negative ETF outflows featured heavily last week, all of it is from the Grayscale Bitcoin Trust (GBTC), as investors both switch out of the higher fees demanded by GBTC and also take profit, especially as many of these investors are long-term holders who entered during the bear market.”\n“GBTC investors are not the only sellers in the market. Whale wallet activities have also indicated significant profit taking,” they added.', '• The bitcoin spot ETFs accumulated over $15 million on Monday, snapping a five-day outflow streak.\n• Inflows could gather pace as the quarter draws to a close, one analyst said.\nThe Nasdaq-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) registered inflows totaling $15.4 million on Monday, ending a five-day run of outflows, according to provisional datapublished byinvestment firm Farside.\nFidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT, which amassed $35.5 million. Other funds like BITB, BTCO, EZBC, and BRRR received between $11 million and $20 million each. Meanwhile, Grayscale’s ETF (GBTC) continued to bleed money, losing just over $350 million.\nLast week, the ETFs saw a cumulative outflow of $887.6 million, thanks to large withdrawals from GBTC.\nNearly a dozen spot ETFs debuted in the U.S. on Jan. 11, allowing investors to take exposure to the leading cryptocurrency while bypassing the hassles of owning and storing the digital asset. These ETFs invest directly in bitcoin and eliminate the need to rollover positions, a key feature of futures-based ETFs that went live in October 2021.\nSince the spot ETFs began trading, bitcoin has risen over 50% to $70,750. On Monday, prices rose just over 4%, briefly topping the $71,000 mark.\nMarkus Thielen, founder of 10x Research, said quarter-end flows could be stronger than usual, lifting the cryptocurrency’s price to new highs.\n“Bitcoin ETF flows turned around magically on Monday as Fidelity suddenly found $262m of buyers, compared to $18m, $3m, and $13m during the previous three sessions. Flows on Tuesday (30%) tend to cannibalize flows from Thursday (16%) and Friday (12%), while Monday and Wednesday (each 21%) see their fair ‘20%’ share per weekday," Thielen said Tuesday’s edition of the newsletter.\n“With bitcoin above $70,000, we can imagine that flows on Tuesday could also be positive again. With the quarter end, flows might be stronger than usual,” Thielen added.\nThielen stressed that spot ETF inflows and issuance of dollar-pegged stablecoin tether (USDT) need to pick up for bitcoin to chart another aggressive move higher, or else the burden of the rally would fall on futures traders’ shoulders. Tether, the world’s largest dollar-pegged stablecoin, is widely used as a funding currency in the crypto spot and derivatives markets.', '• The bitcoin spot ETFs accumulated over $15 million on Monday, snapping a five-day outflow streak.\n• Inflows could gather pace as the quarter draws to a close, one analyst said.\nThe Nasdaq-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) registered inflows totaling $15.4 million on Monday, ending a five-day run of outflows, according to provisional datapublished byinvestment firm Farside.\nFidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT, which amassed $35.5 million. Other funds like BITB, BTCO, EZBC, and BRRR received between $11 million and $20 million each. Meanwhile, Grayscale’s ETF (GBTC) continued to bleed money, losing just over $350 million.\nLast week, the ETFs saw a cumulative outflow of $887.6 million, thanks to large withdrawals from GBTC.\nNearly a dozen spot ETFs debuted in the U.S. on Jan. 11, allowing investors to take exposure to the leading cryptocurrency while bypassing the hassles of owning and storing the digital asset. These ETFs invest directly in bitcoin and eliminate the need to rollover positions, a key feature of futures-based ETFs that went live in October 2021.\nSince the spot ETFs began trading, bitcoin has risen over 50% to $70,750. On Monday, prices rose just over 4%, briefly topping the $71,000 mark.\nMarkus Thielen, founder of 10x Research, said quarter-end flows could be stronger than usual, lifting the cryptocurrency’s price to new highs.\n“Bitcoin ETF flows turned around magically on Monday as Fidelity suddenly found $262m of buyers, compared to $18m, $3m, and $13m during the previous three sessions. Flows on Tuesday (30%) tend to cannibalize flows from Thursday (16%) and Friday (12%), while Monday and Wednesday (each 21%) see their fair ‘20%’ share per weekday," Thielen said Tuesday’s edition of the newsletter.\n“With bitcoin above $70,000, we can imagine that flows on Tuesday could also be positive again. With the quarter end, flows might be stronger than usual,” Thielen added.\nThielen stressed that spot ETF inflows and issuance of dollar-pegged stablecoin tether (USDT) need to pick up for bitcoin to chart another aggressive move higher, or else the burden of the rally would fall on futures traders’ shoulders. Tether, the world’s largest dollar-pegged stablecoin, is widely used as a funding currency in the crypto spot and derivatives markets.', '[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "24,167.28", "AUM ($, mm)": "534,641.80", "AUM % Change<": "4.52"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "2,443.26", "AUM ($, mm)": "258,209.68", "AUM % Change<": "0.95"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,229.54", "AUM ($, mm)": "64,851.03", "AUM % Change<": "1.90"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "1,138.55", "AUM ($, mm)": "131,259.34", "AUM % Change<": "0.87"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "957.20", "AUM ($, mm)": "35,032.74", "AUM % Change<": "2.73"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "949.27", "AUM ($, mm)": "15,846.03", "AUM % Change<": "5.99"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "846.21", "AUM ($, mm)": "44,273.53", "AUM % Change<": "1.91"}, {"Ticker": "QUAL", "Name": "iShares MSCI USA Quality Factor ETF", "Net Flows ($, mm)": "797.92", "AUM ($, mm)": "42,873.15", "AUM % Change<": "1.86"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Net Flows ($, mm)": "740.61", "AUM ($, mm)": "7,088.24", "AUM % Change<": "10.45"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "610.41", "AUM ($, mm)": "38,759.24", "AUM % Change<": "1.57"}]\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-18,376.37", "AUM ($, mm)": "440,011.23", "AUM % Change": "-4.18"}, {"Ticker": "SCHD", "Name": "Schwab U.S. Dividend Equity ETF", "Net Flows ($, mm)": "-9,591.90", "AUM ($, mm)": "55,619.52", "AUM % Change": "-17.25"}, {"Ticker": "VYM", "Name": "Vanguard High Dividend Yield ETF", "Net Flows ($, mm)": "-3,306.20", "AUM ($, mm)": "54,237.14", "AUM % Change": "-6.10"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Net Flows ($, mm)": "-3,162.12", "AUM ($, mm)": "21,990.22", "AUM % Change": "-14.38"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-2,820.47", "AUM ($, mm)": "433,673.67", "AUM % Change": "-0.65"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "-2,357.68", "AUM ($, mm)": "84,108.62", "AUM % Change": "-2.80"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-2,312.28", "AUM ($, mm)": "65,156.08", "AUM % Change": "-3.55"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-1,970.87", "AUM ($, mm)": "22,881.19", "AUM % Change": "-8.61"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-1,881.65", "AUM ($, mm)": "56,000.27", "AUM % Change": "-3.36"}, {"Ticker": "MOAT", "Name": "VanEck Morningstar Wide Moat ETF", "Net Flows ($, mm)": "-1,795.91", "AUM ($, mm)": "14,957.58", "AUM % Change": "-12.01"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "100.13", "AUM ($, mm)": "7,362.94", "% of AUM": "1.36%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "44.56", "AUM ($, mm)": "17,859.72", "% of AUM": "0.25%"}, {"": "Commodities", "Net Flows ($, mm)": "459.29", "AUM ($, mm)": "131,852.79", "% of AUM": "0.35%"}, {"": "Currency", "Net Flows ($, mm)": "-635.43", "AUM ($, mm)": "58,425.05", "% of AUM": "-1.09%"}, {"": "International Equity", "Net Flows ($, mm)": "1,117.02", "AUM ($, mm)": "1,465,765.83", "% of AUM": "0.08%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "947.41", "AUM ($, mm)": "184,241.76", "% of AUM": "0.51%"}, {"": "Inverse", "Net Flows ($, mm)": "36.00", "AUM ($, mm)": "13,805.60", "% of AUM": "0.26%"}, {"": "Leveraged", "Net Flows ($, mm)": "-210.32", "AUM ($, mm)": "96,880.91", "% of AUM": "-0.22%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-26,273.48", "AUM ($, mm)": "5,474,632.89", "% of AUM": "-0.48%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "970.41", "AUM ($, mm)": "1,370,947.03", "% of AUM": "0.07%"}, {"": "Total:", "Net Flows ($, mm)": "-23,444.42", "AUM ($, mm)": "8,821,774.52", "% of AUM": "-0.27%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "316.71", "AUM ($, mm)": "6,976.77", "% of AUM": "4.54%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-142.60", "AUM ($, mm)": "17,324.50", "% of AUM": "-0.82%"}, {"": "Commodities", "Net Flows ($, mm)": "-5,676.89", "AUM ($, mm)": "122,903.56", "% of AUM": "-4.62%"}, {"": "Currency", "Net Flows ($, mm)": "7,691.19", "AUM ($, mm)": "50,305.15", "% of AUM": "15.29%"}, {"": "International Equity", "Net Flows ($, mm)": "15,435.72", "AUM ($, mm)": "1,406,733.51", "% of AUM": "1.10%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "5,138.62", "AUM ($, mm)": "180,217.67", "% of AUM": "2.85%"}, {"": "Inverse", "Net Flows ($, mm)": "-313.54", "AUM ($, mm)": "14,107.98", "% of AUM": "-2.22%"}, {"": "Leveraged", "Net Flows ($, mm)": "-4,488.62", "AUM ($, mm)": "89,154.43", "% of AUM": "-5.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "48,909.74", "AUM ($, mm)": "5,267,418.22", "% of AUM": "0.93%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "27,681.33", "AUM ($, mm)": "1,357,967.97", "% of AUM": "2.04%"}, {"": "Total:", "Net Flows ($, mm)": "94,551.66", "AUM ($, mm)": "8,513,109.76", "% of AUM": "1.11%"}]\n[{"Ticker": "USCL", "Name": "iShares Climate Conscious & Transition MSCI USA ETF", "Average Volume(30 Day)": "3,271", "1 Week AverageVolume": "88,180.00", "% of Average": "2,695.53%%"}, {"Ticker": "LQIG", "Name": "SPDR MarketAxess Investment Grade 400 Corporate Bond ETF", "Average Volume(30 Day)": "2,319", "1 Week AverageVolume": "46,872.00", "% of Average": "2,021.10%%"}, {"Ticker": "IBMR", "Name": "iShares iBonds Dec 2029 Term Muni Bond ETF", "Average Volume(30 Day)": "34,696", "1 Week AverageVolume": "605,658.00", "% of Average": "1,745.61%%"}, {"Ticker": "DBEU", "Name": "Xtrackers MSCI Europe Hedged Equity ETF", "Average Volume(30 Day)": "89,861", "1 Week AverageVolume": "1,556,122.00", "% of Average": "1,731.69%%"}, {"Ticker": "AMJB", "Name": "JPMorgan Alerian MLP Index ETN due January 28, 2044", "Average Volume(30 Day)": "3,778", "1 Week AverageVolume": "61,536.00", "% of Average": "1,628.72%%"}, {"Ticker": "QLV", "Name": "FlexShares US Quality Low Volatility Index Fund", "Average Volume(30 Day)": "22,776", "1 Week AverageVolume": "251,107.00", "% of Average": "1,102.51%%"}, {"Ticker": "IQSU", "Name": "IQ Candriam U.S. Large Cap Equity ETF", "Average Volume(30 Day)": "23,445", "1 Week AverageVolume": "258,338.00", "% of Average": "1,101.87%%"}, {"Ticker": "IBMM", "Name": "iShares iBonds Dec 2024 Term Muni Bond ETF", "Average Volume(30 Day)": "74,742", "1 Week AverageVolume": "742,435.00", "% of Average": "993.33%%"}, {"Ticker": "PIFI", "Name": "ClearShares Piton Intermediate Fixed Income ETF", "Average Volume(30 Day)": "1,027", "1 Week AverageVolume": "10,197.00", "% of Average": "992.69%%"}, {"Ticker": "XVV", "Name": "iShares ESG Screened S&P 500 ETF", "Average Volume(30 Day)": "23,269", "1 Week AverageVolume": "211,014.00", "% of Average": "906.84%%"}]\n[{"Ticker": "WGMI", "Name": "Valkyrie Bitcoin Miners ETF", "Weekly Performance": "13.13%", "Weekly Volume": "1,413,478", "AUM ($, mm)": "92.72"}, {"Ticker": "DAPP", "Name": "VanEck Digital Transformation ETF", "Weekly Performance": "10.94%", "Weekly Volume": "1,705,881", "AUM ($, mm)": "111.22"}, {"Ticker": "CRPT", "Name": "First Trust SkyBridge Crypto Industry and Digital Economy ETF", "Weekly Performance": "10.46%", "Weekly Volume": "388,538", "AUM ($, mm)": "56.29"}, {"Ticker": "FDIG" Last 60 Days of Bitcoin's Closing Prices: [41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-26 Financial & Commodity Data: - Gold Closing Price: $2175.60 - Crude Oil Closing Price: $81.62 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,375,728,005,138 - Hash Rate: 559191835.4780927 - Transaction Count: 317742.0 - Unique Addresses: 648004.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin hit a record high of $69,244 on Tuesday, eclipsing its previous record, hit in November 2021. • The cryptocurrency has surged 61% year to date and is up more than 200% over the past year. • Bitcoin has a total market value of $1.32 trillion, according to data from CoinMarketCap. The price of bitcoin hit a record high of $69,244 on Tuesday, according to data from StockCharts. The cryptocurrency eclipsed its prior record of just under $69,000, which was reached in November 2021 before an ensuing bear market led to a 77% price decline by the end of 2022. Since bitcoin bottomed in November 2022, it has soared 345%. The cryptocurrency is up 61% year to date and up more than 200% over the past year. Much of the gains in recent weekshave been driven by demand from spot bitcoin exchange-traded funds, which were approved by the Securities and Exchange Commission in January. Bitcoin ETFs from BlackRock and Fidelity have attracted a combined $17.8 billion in assets. The anticipation of a halving event in April has also contributed to excitement around the cryptocurrency. The halving event refers to the halving of bitcoin mining rewards, which should further limit new supply of the cryptocurrency. Bitcoin now has a total market value of $1.32 trillion, according to data from CoinMarketCap. And some analystsexpect bitcoin to continue hitting record highs, including Katie Stockton of Fairlead Strategies. Stockton said in a Monday note that if bitcoin closed above its "final resistance" level of $64,900 this Sunday, it would signal further upside of about 18% to $80,600. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/KamalNehme', 'Dollar rate suddenly stabilized at 89,000lbp lol... What happened?', 63, '2024-03-26 00:03', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', "The dollar rate used to go up and down more than bitcoin's price, the rate would drastically change from morning till after noon, and now suddenly the rate is stable at 89,000 for the past 5 6 months and nobody is questioning anything, just going along with it... \n\n\nJust curious from economical point of view, what suddenly happened lol, did the people in charge of the apps just got bored? \n\n\nNeed the finance peoples input here, i just find it super weird and super funny and super sad....all at the same time 😂", 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', '1bns1hn', [['u/throwaway90019_hs', 25, '2024-03-26 00:14', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwk9j4s/', 'Didnt the goverment accept 89k as the "new peg"', '1bns1hn'], ['u/NoidZ', 15, '2024-03-26 00:27', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbszg/', 'Official new PEG', '1bns1hn'], ['u/EducationalTicket103', 52, '2024-03-26 00:28', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbyoe/', "You're absolutely right. And everyone seems to think this is normal...", '1bns1hn'], ['u/ProgsRS', 39, '2024-03-26 00:42', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwke2aa/', 'Who remembers PEZ, great candy', '1bns1hn'], ['u/ProgsRS', 21, '2024-03-26 00:49', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkf9sf/', "Since this is Lebanon and not a single criminal has been held accountable and they're still in charge, probably some corruption scheme where the elite are enriching themselves further. Lebanese Pounds are worth no more than Monopoly paper and they're toying with and milking what's left of the collapsed economy.\n\nProbably using worthless LBP to buy and stash more USD. While the peg was much lower than that, they were buying USD at the official rates from their cronies and selling in the black market for around 10x more.", '1bns1hn'], ['u/kaskoosek', 14, '2024-03-26 01:16', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkjih9/', 'Usually, maintaining a peg costs usd and not the other way around.\n\nIn order to maintain a peg, the government would need to either balance the budget or or do outright purchases of lbp using foreign reserves.\n\nThe budget has been more or less balanced because a lot of the government revenue has been recalibrated to 89000 while expenses of salaries has not been readjusted.', '1bns1hn'], ['u/Strong-Age9985', 20, '2024-03-26 01:43', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwknvu5/', 'Did you know that Wassim Mansouri came in place of Riad Saleme temporarily?\nI don’t know who the guy is, or what sect he is, but i can tell you this:\nWhen he was asked to govern the central bank, he had one main request, not negotiable, that he would not lend money to the government.\nThey didn’t accept at first but didn’t find a better replacement so they caved in. Prepare for a disaster when a new governor is elected.\n\nI have a friend who works in the Central Bank he told me all about it.', '1bns1hn'], ['u/Azrayeel', 11, '2024-03-26 05:54', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwlmtsj/', "It started off with Riad 💩 reducing the total amount of LBP notes in the market greatly by opening the limit on the worst ever transaction known to men. Bring as man LBP you want to the bank. We return them to you as USD and take commission. Forgot the circular number of the transaction. Was it 161?\n\nAnyways, after it served its purpose, and mostly all exchangers + bankers made a shit tons of profit out of it, they finally stopped it.\n\nSo now, you have a market that doesn't have a huge number of LBP notes in it, and many of the public sector are/were having their wages given in USD.", '1bns1hn']]], ['u/_Eddro', 'Bitcoin Profit Taking', 14, '2024-03-26 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', 'Do you have a system for long-term Bitcoin profit-taking?', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', '1bntl77', [['u/bitusher', 18, '2024-03-26 01:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkjg1c/', 'No plans to take profits(just accumulating before this date) before the year 2029 for this reason \n\nhttps://old.reddit.com/r/BitcoinBeginners/comments/1b2lzd8/the_ultimate_question_about_bitcoin_and_its_value/ksmctd3/\n\nIf you are in the USA, its wise to wait at least 1 year for long term cap gains. Additionally, If you "take profits" its much wiser to spend the BTC directly or sell to someone wanting to invest in Bitcoin instead of sell for fiat on an exchange. Another "rule" is never "go full fiat"', '1bntl77'], ['u/AlternativeGazelle', 14, '2024-03-26 02:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkv4bc/', "I'll start to diversify some when I have enough to retire. \n\nListen to Saylor talk. Rich people don't look for opportunities to convert strong assets to cash. It's a bad idea to try to time the market. Just keep putting money into BTC and ride the roller coaster. The volatility works in your favor as long as the long term trend is up.\n\nOne area where I differ from Saylor and Bitcoin maxis is on the subject of diversification. Rich people do diversify. I'll plan to do that when I have enough to retire, but always hold a healthy amount of BTC.", '1bntl77']]], ['u/Every_Hunt_160', 'Will the SEC delay Ethereum’s push to $4k ?', 13, '2024-03-26 01:48', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', 'Ethereum stands at a crucial juncture, with its eyes set on the $4,000 price mark. \n\nAmid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC).\n\nNews source: https://www.newsbtc.com/news/ethereum/ethereum-rocky-road-to-4000-will-sec-hurdles-derail-its-bullish-journey/amp/', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', '1bnujrd', [['u/Friendly-Airline2426', 18, '2024-03-26 01:54', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkpo8x/', "I think the days when the SEC had a huge impact on Eth's price are long gone.\n\nWe simply do not care anymore, we're way too bullish.", '1bnujrd'], ['u/Prestigious_Lemon482', 15, '2024-03-26 01:57', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkq8l1/', "No is the simple answer.\n\nThe crypto market isn't in a bull run because people want ETH ETFs. Yes that helps but it's the reason. \n\nBitcoin halving is and this cyclic pattern. Bitcoin ETF. ETH upgrade. All of this will push ETH well past $5k", '1bnujrd']]], ['u/AreaFifty1', 'What were you doing in 2010 when Bitcoin was virtually unknown?', 17, '2024-03-26 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', 'I was playing games all day and never heard of it until 2018 🤦\u200d♂️🤦\u200d♂️', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', '1bnuxlt', [['u/hateschoolfml', 12, '2024-03-26 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwkzvyz/', 'Probably freeze tag in grade 4', '1bnuxlt'], ['u/Illustrous_potentate', 13, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwlbgpn/', 'Buying silver. Barf.', '1bnuxlt']]], ['u/9nij', 'bitcoin consultant', 27, '2024-03-26 02:40', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', 'I\'ve had it. I dont understand this stuff. I can only read so many blogs about the "decentralized network" and "miners solve complex math problems". I pride myself on being able to help clients but I just cannot with this bitcoin shit. i dont get it. Does anyone know someone who can explain this stuff to me? Does that exist? I will pay my own hourly rate for some god damned white glove help', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', '1bnvp2y', [['u/annual_confiscation', 20, '2024-03-26 03:14', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl29io/', "Ha! I know a guy. He is expensive but worth it. don't want to get removed for linking but its strategicblockchainservices dot com. He takes appts but can be hard to get", '1bnvp2y'], ['u/LucidLeviathan', 19, '2024-03-26 03:50', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl7mdb/', 'Ultimately, for our purposes, all you need to know are the following:\n\n* Computers solve math problems and upload their solutions to the cloud.\n* The servers translate those solutions into bitcoins.\n* People believe that bitcoins have value and are willing to pay real currency for them.\n* Bitcoin is handled in a manner not unlike numbered Swiss bank accounts. If you have the private and public information for a "wallet" that contains bitcoin, you have access to the contents of that wallet.\n\nUnless you have something specific or technical that you want to know, that should cover the basics.', '1bnvp2y'], ['u/MTB_SF', 44, '2024-03-26 04:06', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl9ws5/', 'Honestly, the original explanation of Bitcoin as a concept is a great explanation and place to start on the concept.\n\nhttps://bitcoin.org/bitcoin.pdf\n\nThat being said, crypto currencies in practice have just become a way to convince people to spend real money on fake money.', '1bnvp2y'], ['u/siciliannecktie', 10, '2024-03-26 05:18', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwlj0o6/', 'Can’t speak for OP. But, for me, it’s just a “why” question. Why does a computer solving a math equation give a thing value? Why does that become a bitcoin? Why can’t we just skip that step? And just make like a random number generator or something? It seems like what people like about bitcoin is the “numbered Swiss bank account” part. \n\nAlso, maybe more importantly, it just seems like greater fool theory. Or Dutch tulip mania. Or beanie babies. It’s just worth more because enough people say it is. (I realize that applies to anything. But, regardless of what the market thinks of my house, I can live it in and it will protect me from the elements. Regardless of what people think of the value of my vehicle, it will get me places I need to go).', '1bnvp2y'], ['u/Alucard1331', 10, '2024-03-26 11:15', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwmday0/', 'Lol', '1bnvp2y'], ['u/_learned_foot_', 12, '2024-03-26 11:30', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwmencu/', 'A concept supported by the vast majority and recognized as valued and further backed by physical assets and a rather large force team. That’s real money.', '1bnvp2y']]], ['u/StirChef', 'Where Is MSTR Headed?', 11, '2024-03-26 03:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/', 'I would like to get your regards opinion on where MSTR could be headed if BTC breaks ATH again and runs for 80k+. Seems to me it’s inevitable that MSTR breaks 2k very soon right? I’ve never seen such a pump like it watched today on MSTR, it was amazing to watch. What do you think should i go in tomorrow on calls?', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/', '1bnw8jd', [['u/iAmYim', 15, '2024-03-26 03:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bnw8jd/where_is_mstr_headed/kwl3iw7/', 'I bought at $1400 during that dip, then paper hand and sold at $1500....and bought back today at $1850 ![img](emote\|t5_2th52\|4271)', '1bnw8jd']]], ['u/ryansky22', 'Are volumes legit in crypto? Being lectured on it by my dad. ', 21, '2024-03-26 03:06', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/', '\nSo I have been into Crypto since 2017, done fairly well and am holding a couple projects I like for a while now. Obviously Interested in crypto recent success, my dad who has for years invested in the stock market wanted to give his opinion. Well, he looked at the charts about a week ago and said based on his understanding of technical analysis a d volume, bitcoin was a must sell. He immediately urged me to sell a significant portion, at least half because it was going to correct significantly. I essentially told him, sure, it might but I would still like to continue to hold because I think we are early and I was not confident about “getting out and getting back in again.” The other logic was that he was making this assumption based on volume Indicators on the gbtc etf. Its not even the legit bitcoin. And most of my understanding of volume in crypto could be fake, like wash trading and stable coins, ect. But he said everything has supply and demand and this exchange volume cant be faked since its a publicly listed etf. Anyone have any advice on this ?', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/', '1bnw8mo', [['u/cryptokingmylo', 11, '2024-03-26 03:25', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwl3web/', 'A good chunk of it is probably wash trading but TA is pseudoscience....\n\nNo one knows shit about fuck,', '1bnw8mo'], ['u/sDollarWorthless2022', 11, '2024-03-26 04:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwl9vi0/', 'Grayscale only has so much btc they can sell and thus far, the inflows from the other etfs have outpaced the gbtc outflows. Once greyscale offloads most of their btc it’s fair to assume there won’t be many more big sellers out there. \n\nI think you’re smart to not try to time dips. So what if we go down to the 50k range. U clearly have had faith in the asset over a long time period, and that’s why you’ve had success. your dad hasn’t been in the space at all so why would u listen to him about Bitcoin.', '1bnw8mo'], ['u/JoeYo743', 10, '2024-03-26 06:06', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwlo1p2/', 'Thats not what the father indicated at all tho. Simply to take profits and buy the dip.', '1bnw8mo'], ['u/Fibocrypto', 35, '2024-03-26 06:53', 'https://www.reddit.com/r/CryptoMarkets/comments/1bnw8mo/are_volumes_legit_in_crypto_being_lectured_on_it/kwlsfb1/', "I'll give you a dole answer .\nMy son asked me what I thought of Bitcoin when it was trading at $ 14. I told him not to touch it . Several years later he asked me what I thought of a specific stock and I reminded him of my advice on Bitcoin and then asked him if he realized how much he might have made had he ignored me back then.\n\nTechnical analysis is a very helpful tool but that doesn't mean you have to sell everything or half of everything because of 1 indicator.\n\nYour dad has your best interest at heart I'm going to assume so listen to what he says but ultimately your investment decisions are all on you.\n\nMy reason for beginning to invest in crypto in late 2020 was because I had to ask myself What if crypto has a future ?\nI said to myself IF crypto has a future THEN I want a piece of it. I did build my own crypto portfolio and I'm going to hold it and I'll leave a note to my son with my account info.\n\nWe never know the future so all we can do is risk what we can afford to lose \n\n\nGood luck", '1bnw8mo']]], ['u/btctrader12', 'Gamecock is about to explode to 100 and here’s why ', 20, '2024-03-26 03:43', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/', '1. WSB just unbanned mention of it \n2. Stocks that have cults behind it always pump. \n\nRepeat after me\n\nStocks that have cults behind it always pump. There are quite literally zero exceptions. In the very very long run, they may die. But there are always huge pumps along the way (see BTC). \n\nWhy will that huge pump happen now? Simple. We’ve been in a clear accumulation stage over the last 3 months with basically no huge up move. Literally every single time this means we’re about to go on a tear. (Again, check BTC price near end of 2022, the chart looks very similar to that).\n\nUnironically see you at 100 by mid April. ', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/', '1bnx0r3', [['u/Cid-Itad', 13, '2024-03-26 03:43', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/kwl6n1m/', 'Puts it is.', '1bnx0r3'], ['u/btctrader12', 10, '2024-03-26 03:44', 'https://www.reddit.com/r/wallstreetbets/comments/1bnx0r3/gamecock_is_about_to_explode_to_100_and_heres_why/kwl6rt9/', 'Maybe I did buy puts and this post is just to throw people off ![img](emote\|t5_2th52\|8882) You’ll never know', '1bnx0r3']]], ['u/HtetAung1994', "Nobody wants to sell BTC, analyst says as Bitcoin's on-chain activity limps", 254, '2024-03-26 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/', "Moreover, the data from Glassnode highlights a significant downturn in the mean transfer volume, with current levels languishing well below the highs of the 2021 bull market. This phenomenon indicates a marked reduction in the willingness among Bitcoin holders to sell, further emphasizing the prevailing hold strategy among investors.\n\nThe 2022 bear market, characterized by plummeting prices and evaporating investor confidence, appears to have reduced the weak hands, leaving behind a core of steadfast holders. These survivors are now poised with their coin stashes, eyeing an optimistic future where Bitcoin's value could potentially surge into six-figure territory. The current low on-chain volume, therefore, is not merely a sign of market stagnation but a strategic pause, with investors betting on a future rally that could redefine Bitcoin's value proposition in the financial world.\n#BTC ", 'https://i.redd.it/iwotn25zdlqc1.jpeg', '1bnx3ut', [['u/tommy4019', 95, '2024-03-26 03:55', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwl8d7g/', 'How often do people sell there gold stash same same', '1bnx3ut'], ['u/LakeZombie09', 62, '2024-03-26 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwl8lzc/', 'Exactly, we are government approved on Bitcoin. That shit is going into storage for minimum 10 years. We aren’t going to zero, and basic math says it’s only going to go higher', '1bnx3ut'], ['u/CryptoYuzu', 10, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlbhsv/', '1+9=10. Seems basic enough!!', '1bnx3ut'], ['u/PepeDeCorozal', 70, '2024-03-26 04:38', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwle8bn/', 'This post brought to you by ChatGPT: Filling the Internet with oceans of garbage, one lazy poster at a time!', '1bnx3ut'], ['u/TacoShopRs', 16, '2024-03-26 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlr3ue/', 'If none of us sell, price go boom. Thank you for coming to my Ted Talk.', '1bnx3ut'], ['u/TheUnstoppableBTC', 13, '2024-03-26 07:20', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlupz5/', 'it’s ‘languishing’!11! \n\nstupid article', '1bnx3ut'], ['u/dabsbunnyy', 11, '2024-03-26 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1bnx3ut/nobody_wants_to_sell_btc_analyst_says_as_bitcoins/kwlwta0/', 'You want good words? ... date a languisher.', '1bnx3ut']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, March 26, 2024', 32, '2024-03-26 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/', '1bnykaf', [['u/dopeboyrico', 30, '2024-03-26 05:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwliw2d/', 'Net spot ETF inflows came in below average at $15.4 million. No longer seeing outflows like all of last week but just barely flipped back into net inflows today.\n\nSurprising considering we’re less than 5% away from new ATH. Imagine what would’ve happened if spot ETF inflows came in way above average today on top of external buying pressure driving the price up.\n\nA massive day of spot ETF inflows can come any day now. First single day $10k God candle can come any day now. Is today the day? We’ll see. Need to close today above $79.9k to make it happen.', '1bnykaf'], ['u/r3coil', 30, '2024-03-26 05:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwljoee/', 'The halving is in approximately 25 days.', '1bnykaf'], ['u/BigHealthyShark', 22, '2024-03-26 05:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlmdnf/', "Look at that bounce on the previous weekly candle, less than a week's time to buy a mere 17% dip and we're essentially already back at ATH. It looks like that was all for the pre-halving dip so buckle up.", '1bnykaf'], ['u/bittabet', 16, '2024-03-26 05:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlmpdj/', 'If most of the GBTC outflows are neutral ones like where Genesis is buying BTC with the proceeds then the true inflows are higher than the numbers may reflect', '1bnykaf'], ['u/4theWlN', 14, '2024-03-26 06:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlosqg/', '80ish hours left on my march calls. Let’s show people what Bitcoin can do. (Preferably in the up direction)(not down).', '1bnykaf'], ['u/Outrageous-Net-7164', 12, '2024-03-26 08:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwly6o1/', 'Lots of short liquidations around 74k so that could spring board us up to 76k. Needs some conviction spot buying now though so we all need to stop watching the charts and make it happen.', '1bnykaf'], ['u/doublesteakhead', 13, '2024-03-26 08:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwlzlfo/', "Always just when I'm about to go to sleep....\xa0", '1bnykaf'], ['u/VintageRudy', 13, '2024-03-26 08:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm0ode/', 'We doing midnights again', '1bnykaf'], ['u/zephyrmox', 23, '2024-03-26 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm0xgo/', 'Mstr will issue again this week I imagine. Going to hit 2k today at this pace.', '1bnykaf'], ['u/snek-jazz', 15, '2024-03-26 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwm6q6k/', 'Also pretty interesting that FBTC dwarfed IBIT on the day', '1bnykaf'], ['u/_supert_', 10, '2024-03-26 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmc9oy/', 'WOW.', '1bnykaf'], ['u/rendoxiv', 29, '2024-03-26 11:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmf99i/', "Friendly reminder that Vanguard owns 7.7% of Microstrategy.\n\nhttps://www.defenseworld.net/2024/03/26/vanguard-group-inc-acquires-103107-shares-of-microstrategy-incorporated-nasdaqmstr.html\n\nThey won't let you buy BTC ETFs though! Buncha clowns.", '1bnykaf'], ['u/_TROLL', 24, '2024-03-26 11:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmfzhp/', "> some assholes made some money on marks\n\nThat's been the entire summation of bitcoin trading for 12+ years. 😛", '1bnykaf'], ['u/Itchy-Rub7370', 16, '2024-03-26 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmgj0k/', 'Hello 71k again!', '1bnykaf'], ['u/a06play', 19, '2024-03-26 12:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmkg3e/', 'Do we know why Fideliy had a massive jump in inflows?', '1bnykaf'], ['u/VintageRudy', 11, '2024-03-26 12:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmm4jn/', 'Peeps couldnt get on friday, so monday', '1bnykaf'], ['u/barfalloverewe', 33, '2024-03-26 12:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmmcgs/', "Vanguard has to buy MSTR since it's included in many of the indecies their funds track. To say Vanguard is buying is a little misleading. \n\nHere are the top funds that own MSTR. \n\nhttps://fintel.io/somf/us/mstr", '1bnykaf'], ['u/dopeboyrico', 28, '2024-03-26 12:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmmiew/', '[AUM held in new spot ETF’s is now at $34.0087 billion through day 51 or ~480.28k BTC.](https://x.com/bitmexresearch/status/1772521628015956435?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $14.1506 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $666.84 million with average inflows of $498.73 million or ~9.42k BTC. Yesterday average daily AUM was at $606.16 million with average inflows of $501.39 million or ~9.50 BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 33.7%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.337.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.0087 billion is 0.200% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 255 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 73.2% of that amount of BTC over the span of 51 trading days.', '1bnykaf'], ['u/Cultural_Entrance312', 37, '2024-03-26 13:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmuxfo/', 'Bitcoin is in the upper area of a rising channel on the hourly. RSI is at 64.2 (average 65.1) at time of writing. Current nearby resistance are 71.4, 72.8 and 73.8. The nearest supports are 70.2, 69, 67.4 65.7, 64.1 and 63.\n\n\r \nThe daily RSI is at 60.3 and its average is currently at 58.5. Same resistances/supports as I mention in the hourly. Bitcoin is back in the rising channel that started in February. We are one day closer to the estimated halving date, 4/19-20.\n\n\r \nOn the weekly, Bitcoin is still well outside of the rising resistance channel from when we bottomed out in 2022. BTC had a nice retrace to just above the .382 FIB level. Bitcoin has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 85.3. (77.2 average). I would normally expect a larger cool off and retrace, but the ETF inflows seem to be limiting this on this timeframe. Main resistances were noted above. About 4 weeks till halving. \n\n\r \nBitcoin closed it’s 6th monthly green candle in February and became overbought with a closing RSI at 72.9. Current RSI is 76.7. With the way inflows are coming into the ETFs, I think the monthly RSI might stay overbought longer than it ever has in it’s history. 6 green candles in a row has never happened before a halving. The only other times a green run has lasted this long has been after halving’s, during the runup to new ATH. I only found one other time in BTC’s history where there was a 7th green candle in a row and this was the 1st year of BTC when its value was below $0.01. This time the pre-halving PA is different from past pre-halving PA. BTC is well above the rising support line.\n\n\r \nGood luck to all traders and DCAers. \n\n\r \n1-hour: https://www.tradingview.com/x/0dVTEypW/\r \nDaily: https://www.tradingview.com/x/NQrlTgz6/\r \nWeekly: https://www.tradingview.com/x/rFzTdWUF/\r \nMonthly: https://www.tradingview.com/x/jKGYm7ul/', '1bnykaf'], ['u/No_Anybody4267', 11, '2024-03-26 13:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmv68r/', 'There is a minimum 4 business days spread between GBTC Outflow to ETF inflow right? Sell. 2 days to clear. Buy?', '1bnykaf'], ['u/AverageUnited3237', 10, '2024-03-26 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmvzik/', 'Depends on the brokerage I think. In Robinhood you can do this all on the same day.', '1bnykaf'], ['u/noeeel', 12, '2024-03-26 14:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmwqst/', 'I appreciate your post. Missing this good old TA analysis in here. \n\nYou are very focused on channels and that is interesting to see. From my POV the monthly channel is overoptimistic as we made on log scale lower higher highs with each new cycles ATH therefore questioning if a channel is the pattern to watch for.\n\nHanvent seen the weekly channel this way, will be interesting if we retest the old resistance line to confirm that the early outbreak holds.', '1bnykaf'], ['u/255-69-3551', 15, '2024-03-26 14:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmwyhu/', 'I was able to do it immediately at Schwab and fidelity there were just some holds on withdrawals or something like that. Kinda like how some exchanges do ‘instant deposit’ and let you buy straight away but you can’t move the coins until the deposit actually clears.', '1bnykaf'], ['u/255-69-3551', 14, '2024-03-26 14:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwmy4b6/', 'Probably', '1bnykaf'], ['u/zephyrmox', 10, '2024-03-26 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn4alf/', 'Stocks _do_ take 2 days to settle - your broker in essence is offering you credit in the meantime. Every single stock transaction in the US is on 2 day settlement terms - though that will soon reduce to one.', '1bnykaf'], ['u/snek-jazz', 22, '2024-03-26 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn8tsy/', "shit, we're going back down towards the ATH again", '1bnykaf'], ['u/cryptojimmy8', 10, '2024-03-26 15:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwn9fmb/', 'So GBTC has nearly lost 50% of their holdings by now?', '1bnykaf'], ['u/_TROLL', 16, '2024-03-26 15:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnar6t/', "From their peak of 655,000 BTC, they've lost roughly 47.3% so far.", '1bnykaf'], ['u/jpdoctor', 32, '2024-03-26 15:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnb2oq/', "Maybe it's already been posted: Hong Kong ETFs will be in-kind, not cash create.\n\n[https://twitter.com/EricBalchunas/status/1772602019133423921](https://twitter.com/EricBalchunas/status/1772602019133423921)\n\nKind of a big deal!", '1bnykaf'], ['u/phrenos', 25, '2024-03-26 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwncv5x/', "I really feel like this sub massively overstates the importance of these ETFs, hanging on to their every flow like some religious bellwether.\n\nYou do realize that even a mega billion-dollar inflow day is still just 1/50th of BTC daily volume, and on a more regular day can be less than 1/150th of normal volume?\n\nI wouldn't be so edgy watching these drops in the ocean like such hawks.", '1bnykaf'], ['u/WYLFriesWthat', 10, '2024-03-26 15:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnd9wy/', 'I think some short balls just got caught in some zippers at $69420.', '1bnykaf'], ['u/Taviiiiii', 13, '2024-03-26 15:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwne11c/', 'They did the math.', '1bnykaf'], ['u/bittabet', 16, '2024-03-26 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwneaa6/', 'Volume doesn’t actually matter though except for liquidity, it’s the marginal buyer and seller that sets the price. So new money matters a LOT for the price.', '1bnykaf'], ['u/bittabet', 10, '2024-03-26 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnej7t/', 'It’s because existing real BTC holders can send their BTC into the ETF this way without selling', '1bnykaf'], ['u/xtal_00', 31, '2024-03-26 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnekch/', 'Volume doesn’t matter.\n\nCoin accumulation does.\n\nAnd it’s more important than anyone here realizes.', '1bnykaf'], ['u/a06play', 11, '2024-03-26 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwng5kf/', 'of course, but they are still moving billions into the market it would be stupid to not take them into cosideration...', '1bnykaf'], ['u/NotMyMcChicken', 20, '2024-03-26 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwngtih/', "It's disingenuous to compare volume to inflows. But I do agree. For day to day price fluctuations, the ETFs probably don't matter TOO much. But for longer time frames, as they continue to gobble up tens and hundreds of millions in Bitcoin daily... it matters big time. Trillions have been unlocked that were unable or unwilling to access this market before.", '1bnykaf'], ['u/ImpudicusFungus', 15, '2024-03-26 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnh05l/', "I see you posting I'm adding to my long.", '1bnykaf'], ['u/FreeTheGalgo', 14, '2024-03-26 16:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnh8j7/', 'How did I know this post was coming the moment we dipped below 70k?', '1bnykaf'], ['u/Jip1210', 17, '2024-03-26 16:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnheqx/', 'Sure, or you could say, another failed attempt by bears to push ot back under 69k (a much more important price)\n\nOr perhaps we could just be patient and see how it works out, rather than throwing out facts that have not been decided yet', '1bnykaf'], ['u/atmfixer', 13, '2024-03-26 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnjdng/', 'If one were to suggest some countries....', '1bnykaf'], ['u/zephyrmox', 13, '2024-03-26 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnjtu4/', "Chop chop chop. Doesn't feel particularly strong.", '1bnykaf'], ['u/AccidentalArbitrage', 12, '2024-03-26 16:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnlea5/', '>I can say I told you so\n\nYou, of all people, should know that never goes over well in here.', '1bnykaf'], ['u/dopeboyrico', 21, '2024-03-26 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnoyjb/', 'MSTR still trading at above 2x the amount of BTC they own.\n\nWhat are the odds Saylor announces another round of capital getting deployed by the end of this week?', '1bnykaf'], ['u/NotMyMcChicken', 10, '2024-03-26 17:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwnru1i/', "You're quite literally one of the worst traders in this sub. Stop being smug lol...", '1bnykaf'], ['u/xtal_00', 12, '2024-03-26 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo3yfz/', 'Near 100% or I’ll be sadly disappointed\xa0', '1bnykaf'], ['u/theantirussian', 20, '2024-03-26 18:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo51p0/', "You're confusing trading volume with a single-direction inflow. You can trade a trillion dollars worth back and forth without changing the price much, but if you apply that trillion into buying only, the price will move a lot.", '1bnykaf'], ['u/dopeboyrico', 11, '2024-03-26 18:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo5d40/', '[Single largest buy they ever made was $1.026 billion back back on February 24, 2021.](https://bitcointreasuries.com/microstrategy/)\n\nIt’s only a matter of time until they break that record.', '1bnykaf'], ['u/nationshelf', 25, '2024-03-26 18:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwo8ib8/', "I am a bit of a Saylor myself. I just took probably my last loan for this cycle to buy Bitcoin. Admittedly the interest rate is not that low (12%), but price just needs to hit $80k or so within 3 years for me to break even. Some of you might scoff, but every loan I’ve taken out so far starting around the $20k's is well into profit. Easy money if you have an income stream and can buy the cycle bottoms.", '1bnykaf'], ['u/Top_Plantain6627', 16, '2024-03-26 18:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoa6db/', 'Bought all my bitcoin with student loan money loool', '1bnykaf'], ['u/John_Crypto_Rambo', 10, '2024-03-26 18:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwob55o/', "Paid off a loan a few months ago that I have had for years that was used to buy crypto. Paying payments and the interest rate wasn't great, but the returns from the crypto dwarf the interest rate.", '1bnykaf'], ['u/NLNico', 15, '2024-03-26 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwobrk2/', '12% interest loan to buy a risky asset seems crazy. Then again, not hitting $80k within 3 years is also crazy. If you are fine with both possibilities of BTC reaching $30k or $110k, then okay gamble I guess, good luck.', '1bnykaf'], ['u/snek-jazz', 12, '2024-03-26 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwobtij/', "Saylor ain't risking himself, he's sold what? around half a billion worth of share options already this year?\n\nIf you're borrowing to invest make sure you'll still be ok in the worst case scenario.", '1bnykaf'], ['u/kneejerk55', 13, '2024-03-26 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwohjqz/', "Coinbase just alerted me to LTC pamping 5% in last 2 hours. \n\nHere is to wishful thinking that's a leading indicator for BTC.", '1bnykaf'], ['u/NLNico', 13, '2024-03-26 19:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoi5r6/', '+3.2% 1 min candle was at time of Fox\' Elenor\'s [tweet](https://twitter.com/EleanorTerrett/status/1772688493375795540) of "interest in a Litecoin ETF".', '1bnykaf'], ['u/I_AM_AN_AEROPLANE', 11, '2024-03-26 20:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwotf6i/', 'It’s been a nice run, but not nice enough, looks like we could visit 700k and maybe even 10 BILLION. I’m all in on btc and alts and will exit only when I’m a billionaire. If I’m wrong I’m NOT okay with it.', '1bnykaf'], ['u/ThoseGelInsertThings', 16, '2024-03-26 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwour5o/', 'Pro tip: never look at Altcoin prices as valued in fiat.\n\nView the lifetime LTC/BTC chart, and zoom way out. What do you see?\n\nYou see the asset slowly going to 0.00000001 BTC.', '1bnykaf'], ['u/Taviiiiii', 23, '2024-03-26 20:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwovcxd/', "Yesterday we were going to 90k by Friday and today we're looking at 45k apparently", '1bnykaf'], ['u/Foreign_Milk4924', 22, '2024-03-26 21:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoyclt/', "You're joking, right? We went up 10% in 30 hours and then sideways for the following 24.", '1bnykaf'], ['u/itsthesecans', 23, '2024-03-26 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoyorl/', "Hey man. The heart feels what it feels. I'm just keeping it honest here.", '1bnykaf'], ['u/WYLFriesWthat', 14, '2024-03-26 21:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwoz3in/', 'Strongest. Support. Ever. https://imgur.com/a/yoopqcu', '1bnykaf'], ['u/snek-jazz', 10, '2024-03-26 21:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwp4gsr/', "Here's what you need to do, look at the chart: https://bitcoinity.org/markets/coinbase/USD\n\nClick 'all' for time frame. Notice how briefly in the past we've been above 60k, or even 50k - basically during mania phases. Look at how we're now apparently starting to normalise the 60s and 70s.\n\nWe're starting to make the prior peaks look small.", '1bnykaf'], ['u/kneejerk55', 13, '2024-03-26 22:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpi9qi/', 'ARKB stacking sats today.$73.6m. second highest day', '1bnykaf'], ['u/goldenprey123', 12, '2024-03-26 22:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpiffg/', 'Arkb HOLY Chads', '1bnykaf'], ['u/anon19222', 19, '2024-03-26 23:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpkmpd/', 'How to lead a super successful life for dummies : \n\n1. Buy bitcoin .\n2. Practice cold-storage self custody.\n3. Go back to #1', '1bnykaf'], ['u/Roygbiv856', 58, '2024-03-26 23:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpmfwp/', "Very interesting tweet from CIO of bitwise today\n\n> Day 19 of 20 on the road. It has been an amazing trip. \n\n>A few additional take-aways to share:\n \n>1) ETF Flows Will Continue for Years: A good question to ask about the new bitcoin ETFs is whether the incredible inflows we’ve seen in the first two months represent a one-time surge or are indicative of long-term sustained demand.\n \n>After my time on the road, I’m convinced that the latter is the case. That's because there is a massive dispersion in the pace of adoption of bitcoin ETFs. I met financial advisors who have already allocated 3% for all their clients and others who haven’t started thinking about it. I spoke with national account platforms that are approving bitcoin ETFs this month and others that are eyeing mid-2025.\n\n>The truth is, most professional investors still cannot buy bitcoin ETFs. That will change through a series of 100+ individual due diligence processes over the next two years.\n\n>Inflows into the gold ETFs built year-after-year for their first 7 years n the market. I suspect the bitcoin ETF ramp will be shorter, but it will still take years.\n\n>2) Investor Demand in the UK Is Behind the US: I spent four days in London at the \n@blockworksDAS\n summit. It was a great event with early-stage bull market vibes. I left feeling inspired by the energy and quality of the developer and institutional trading communities surrounding bitcoin. \n \n>But end-investor demand is still nascent. In the US, the ETF has created a sea change, with billions of investor capital moving into the space. Not so in the UK, where the FCA is still broadly aligned against crypto. It’s hard to believe it, but the UK looks longingly at the “progressive” regulatory stance in the US. \n \n>3) 3% is the New 1%: I’ve been speaking with professional investors about bitcoin since 2018. For the past six years, the discussion has mostly focused on a 1% allocation. That’s the most that most investors would think about.\n \n>Boy has that changed. Almost every investor I’ve spoken with has talked about a 3%+ allocation. \n \n>The primary reason imho is that the launch of ETFs has de-risked the downside of bitcoin. Before, people were worried bitcoin could go to zero. In that world, a 1% allocation is all you can stomach. But if “going to zero” is off the table, 3% or 5% starts to make more sense.\n \n>True institutional investors (pensions, endowments, etc.) will still eye sub 1% allocations, but for the wealth market, 3%+ is the new new thing.\n\n>More to come after I wrap up my trip tomorrow.", '1bnykaf'], ['u/VintageRudy', 12, '2024-03-26 23:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpmu6i/', "Long term, we already won, it's just chop up to usurping gold and beyond as the global store of wealth", '1bnykaf'], ['u/Had_Boating_Accident', 15, '2024-03-26 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpnjzy/', 'Ark $73.6m inflow (provisional number as per Farside)\n\n\nFranklin $26.3m inflow\xa0', '1bnykaf'], ['u/btc-_-', 18, '2024-03-26 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpnnz4/', "some different price levels that i'll be looking at for the next few weeks. the focus is on the low time frame lines first and, if they get invalidated above or below, i move on to the next time frame.\n\nshort term wedge. 71.5k above and 69.5k below. trendline crosses on Thursday the 28th at 1600 UTC.\n\nhttps://i.imgur.com/3qmNRkA.png\n\nATH arc. the arc from ATH through the drop and back up still looks to be good for a new ATH this week. possibly even a bit ahead of schedule.\n\nhttps://i.imgur.com/1zGyzMP.png\n\nshorter term channel. 74.4k above and 66.4k below. that means the top of the channel is already past ATHs.\n\nhttps://i.imgur.com/klaLU9D.png\n\nmedium term channel. 79.5k above and 63.7k below. the midpoint, which we we've been trying to get fully across over the last couple of days, is at 71.6k.\n\nhttps://i.imgur.com/AeNEjh1.png\n\nlong term channel. we first entered this channel in march 2022 and we look primed to get above it. 73.9k above, 53.2k midpoint, and 32.4k below. yep, even if we were to drop to 32.4k we would still technically be in this uptrend :) this channel's top has been my final boss since march 2023. after that, new boss.\n\nhttps://i.imgur.com/cnBOOqJ.png\n\nall the things. here's all the craziness on one chart.\n\nhttps://i.imgur.com/ZCREook.png", '1bnykaf'], ['u/Cadenca', 14, '2024-03-26 23:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpq4nx/', "Have you guys been reading this news around alarming levels of solar activity? Imagine we actually get to check 'Le solar flare FUD' off the list this cycle!", '1bnykaf'], ['u/xtal_00', 14, '2024-03-26 23:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bnykaf/daily_discussion_tuesday_march_26_2024/kwpqn07/', 'I’m waiting on a convincing move above 75k signalling the next move higher - probably to 90k. \xa0\xa0\n\nStill lots of folks who want off the ride.', '1b... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Stocks slipped again on Monday, extedning losses to a third straight session.\n• On Tuesday, February's US durable goods orders rose for the first time in three months.\n• Investors are waiting for new PCE data to come out Friday, alongside comments from Jerome Powell.\nUS stocks dropped again on Tuesday, losing steam late in the day after traders looked to restart a rally that stalled out last Friday.\nMomentum has carried equities higher for the better part of five months now, though investors appear to be taking a breather the last three days following the market's record-setting run last week after the Federal Reserve's dovish March meeting.\nTuesday offered investors promising data, with February's US durable goods orders rising for the first time in three months. While that signals optimism among firms, consumer confidence also held steady, according to the Conference Board.\nThis week, investors are gearing for the latest personal consumption expenditures report on Friday. Median forecasts of core PCE, the Federal Reserve's preferred inflation gauge, expect a 2.8% rise.\nWhile markets will be closed that day for Easter holidays, Friday will also feature comments from Fed Chairman Jerome Powell, potentially offering clues as to future monetary policy.\nThat's after previous Fedspeak on Monday, with President Raphael Bostic noting expectations of one rate cut this year.\nAside from Powell, Fed Gov. Christopher Waller and San Francisco Fed President Mary Daly will speak Wednesday and Friday.\nAmong notable stock movers on Tuesday, Donald Trump's Truth Social made its market debut,soaring 59%under the DJT ticker.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,203.58, down 0.28%\n• Dow Jones Industrial Average: 39,282.33, 0.08% (-31.31 points)\n• Nasdaq Composite: 16,315.70, 0.42%\nHere's what else is going on today:\n• The Baltimore bridge collapse rippled throughtransportation and coal-mining shares worldwide.\n• Microsoft could jump 18% this yearwith a new $500 price target from Wedbush Securities.\n• Greed and complacency,not fundamentals, are driving stocks up, David Rosenberg says.\n• Analysts have stopped talking about bitcoin's potential use. Instead, it'sall about the price upside.\nIn commodities, bonds, and crypto:\n• Oil prices dropped.West Texas Intermediatecrude slid 0.6% to $81.47 a barrel.Brent crude, the international benchmark, fell 0.8% to $86.02 a barrel.\n• Goldclimbed by 0.2% to $2,176.61 per ounce.\n• The 10-year Treasury fell two basis points to 4.23%.\n• Bitcoinslumped 0.29% to $69,848.\nRead the original article onBusiness Insider", 'Panasonic, the renowned tech giant, has joined forces withJasmy (JASMY)blockchain to introduce a groundbreaking Web3 platform that will facilitate the seamless connection of personal data on the Internet-of-Things (IoT). The collaboration between the Japanese-based blockchain and Panasonic Advanced Technology was initiated in February, but the officialannouncementwas made on March 26.\nThe newly developed platform, based on Jasmy\'s innovative Personal Data Locker product, aims to provide a secure data storage solution while granting users full control over access to their data. Additionally, it aims to enhance data processing and reaction times. The platform will adopt agile development methods coupled with Web3 technology, with a strong emphasis on speed. The intention is to create an open platform that can be widely utilized in various fields. Through this approach, the project envisions recruiting a large user base and fostering broad adoption.\nJasmy\'s Chief Financial Officer, Hiroshi Harada (known as Hara on social media),revealedon X that the decentralized personal data platform is expected to be constructed within the next 3 to 6 months. According to the information available on the Jasmy website, the Personal Data Locker manages only hash values on the blockchain, while the actual data files are stored in a decentralized network. This architecture ensures that the performance of the system is not hindered by limitations such as storage capacity of individual blocks or large file sizes.\nFounded in 2016 by former Sony executives, Jasmy made headlines in 2021 when it listed its native cryptocurrency, JasmyCoin (JASMY), on exchanges. The company has been dubbed "Japan\'s Bitcoin" and operates a unique system where merchants pay Jasmy to access data stored within the platform, while data owners are rewarded with JASMY tokens.\nThe news of the partnership between Panasonic and Jasmy has led to a 3% gain in JASMY over the past 24 hours. Trading volume surged by over 100% to $256 million. The token is up 42.8% in the past month.', '• Crypto exchange KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.\n• Homeland Security Investigations Special Agent Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy."\n• KuCoin’s native token {{KCS}} dropped by 5% after the announcement.\nU.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities and maintain an anti-money laundering program.\nThe U.S. Department of Justicesaidin an indictment that KuCoin and founders Chun Gan and Ke Tang operated KuCoin as a money-transmitting business with over 30 million customers but did not implement a know-your-customer (KYC) or AML program until 2023 – and even then, its KYC program did not apply to existing customers. Neither Gan nor Tang were arrested, the DOJ said in a press release.\nThe DOJ indictment said that KuCoin did not register with the U.S. Financial Crimes Enforcement Network as a money services business.\nBecause it did not implement any KYC or AML programs, KuCoin "made itself available to be used, and in fact was used, as a vehicle for laundering the proceeds of suspicious and criminal activities, including proceeds from sanctions violations, darknet markets, and malware, ransomware, and fraud schemes," the indictment said.\nThe indictment pointed to allegations that KuCoin "indirectly received a total of more than $3.2 million worth of cryptocurrency from Tornado Cash," a sanctioned crypto mixer. KuCoin was mentioned in criminal filings against two of Tornado Cash\'s developers, Alexey Pertsev (whose trial in The Netherlands began earlier Tuesday) and Roman Storm (who\'s set to go on trial in the U.S. later this year).\nThe Commodity Futures Trading Commission alsofileda suit against KuCoin Tuesday, alleging the company, which offers both spot and futures trading services, did not register as a futures commission merchant, swap execution facility or designated contract market. Its suit also charged that KuCoin didn\'t implement the CFTC\'s equivalent of a KYC program.\nThe CFTC is seeking monetary penalties, trading and registration bans and an injunction, while the DOJ is seeking forfeiture alongside criminal penalties.\nIn a statement, Homeland Security Investigations Special Agent in Charge Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy," noting it was one of the largest crypto exchanges.\nU.S. Attorney Damien Williams said in a statement that KuCoin actively tried to hide that "substantial numbers of U.S. users were trading" on its platform.\n"Indeed, KuCoin allegedly took advantage of its sizeable U.S. customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of dollars of annual trade volume," he said." As alleged, in failing to implement even basic anti-money laundering policies, the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds."\nKuCoin’s native token (KCS) dropped by 5% following the announcement. Bitcoin\'s {{BTC}} price dropped 1% but has been volatile throughout the day and is trading around $70,000.\nTuesday\'s actions come just months after the DOJ, CFTC and Treasury Departmentsettled similar charges against Binance, the world\'s largest crypto exchange by trading volume.\nUPDATE (March 26, 2024, 15:25 UTC):Adds additional detail.\nUPDATE (March 26, 15:40 UTC):Adds more details from the CFTC and DOJ filings.', "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on crypto in an attempt tobecome a global hub for the sector.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum", "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on crypto in an attempt tobecome a global hub for the sector.\nRead More:Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum", 'Shares in former US president Donald Trump\'s media firm have soared on their stock market debut in New York and are currently the most trending stocks in after-hours trading.\nShares surged past $70 (£55.42) in early trade, giving the firm a market value of more than $9bn. They ended the day at about $58, still up more than 16%.\nTrump Media & Technology Group, the company behind his Truth Social platform, is now listed on the Nasdaq stock exchange under the ticker symbol DJT – Trump’s initials – after completing its merger with blank-cheque company Digital World Acquisition Corp on Monday.\nRead more:AI risks wiping up to 8 million jobs in the UK, new report claims\nTrump, owner of 58%of the shares in the merged company before accounting for dilution, is the biggest beneficiary of the price surge. However, Trump is barred by terms of the merger from selling his shares for six months.\nAnalysts suggested that investors were mostly supporters of Trump ahead of the looming presidential election rather than institutions and that it was the most trending stock on US exchanges.\nTesla shares were higher in premarket trading after CEO Elon Musk announced the company will offer US customers a free trial of its driver-assist technology.\n"All US cars that are capable of FSD will be enabled for a one-month trial this week," Musk said in a post on social media platform X.\nMusk instructed employees to perform a “short test ride” with customers to show the system Tesla markets as Full Self-Driving, according to an internal memo seen byBloomberg News. Workers will also have to perform checks on any vehicles returned from service.\nMusk has long touted the driver assistant software, priced at $12,000, as a potential profit generator for the company, but has fallen short of his promise of full autonomy for years, amid regulatory and legal scrutiny of Tesla\'s safety and marketing, according toReuters.\nBitcoin has fallen below the $70,000 mark as the crypto rally appears to fade. However, analysts remain bullish on the crypto asset, with “$100k a matter of time”.\nThe benchmark cryptocurrency had climbed as high as $71,500 throughout Tuesday, benefiting from strong gains in the previous two days, before coming down.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nDespite the drop, crypto-analyst Jelle took to X to give Bitcoin a new goal.\n“The new higher low has locked in, and #Bitcoin is pushing back towards the highs. The next leg higher has started. $100,000 is a matter of time, imo.”\nThat would put Bitcoin well above its all-time high of almost $74,0000.\nDS Smith surged by over 7% after it confirmed talks with US rival International Paper Co. (IP), opening the doors to a possible bidding war for the UK packaging company.\nUS-based International Paper’s all-share proposition for DS Smith is equivalent to 415p per share, which would value the company at roughly £6.8bn including debt.\nDS Smith recently agreed to be taken over by Mondi (MNDI.L), in a deal that implied a value of 373p per share, or closer to a £6.2bn enterprise value.\n"The board acknowledges the strategic merits and potential for value creation through a combination with International Paper," DS Smith said.\n"Accordingly, the board is progressing its discussions with International Paper regarding the proposal."\nInternational Paper said in a statement that a merger would create a new global leader in sustainable packing that would be well positioned in growing markets.\nWatch: Trump\'s Truth Social: \'Would I touch the stock? No.\'\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Shares in former US president Donald Trump\'s media firm have soared on their stock market debut in New York and are currently the most trending stocks in after-hours trading.\nShares surged past $70 (£55.42) in early trade, giving the firm a market value of more than $9bn. They ended the day at about $58, still up more than 16%.\nTrump Media & Technology Group, the company behind his Truth Social platform, is now listed on the Nasdaq stock exchange under the ticker symbol DJT – Trump’s initials – after completing its merger with blank-cheque company Digital World Acquisition Corp on Monday.\nRead more:AI risks wiping up to 8 million jobs in the UK, new report claims\nTrump, owner of 58%of the shares in the merged company before accounting for dilution, is the biggest beneficiary of the price surge. However, Trump is barred by terms of the merger from selling his shares for six months.\nAnalysts suggested that investors were mostly supporters of Trump ahead of the looming presidential election rather than institutions and that it was the most trending stock on US exchanges.\nTesla shares were higher in premarket trading after CEO Elon Musk announced the company will offer US customers a free trial of its driver-assist technology.\n"All US cars that are capable of FSD will be enabled for a one-month trial this week," Musk said in a post on social media platform X.\nMusk instructed employees to perform a “short test ride” with customers to show the system Tesla markets as Full Self-Driving, according to an internal memo seen byBloomberg News. Workers will also have to perform checks on any vehicles returned from service.\nMusk has long touted the driver assistant software, priced at $12,000, as a potential profit generator for the company, but has fallen short of his promise of full autonomy for years, amid regulatory and legal scrutiny of Tesla\'s safety and marketing, according toReuters.\nBitcoin has fallen below the $70,000 mark as the crypto rally appears to fade. However, analysts remain bullish on the crypto asset, with “$100k a matter of time”.\nThe benchmark cryptocurrency had climbed as high as $71,500 throughout Tuesday, benefiting from strong gains in the previous two days, before coming down.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nDespite the drop, crypto-analyst Jelle took to X to give Bitcoin a new goal.\n“The new higher low has locked in, and #Bitcoin is pushing back towards the highs. The next leg higher has started. $100,000 is a matter of time, imo.”\nThat would put Bitcoin well above its all-time high of almost $74,0000.\nDS Smith surged by over 7% after it confirmed talks with US rival International Paper Co. (IP), opening the doors to a possible bidding war for the UK packaging company.\nUS-based International Paper’s all-share proposition for DS Smith is equivalent to 415p per share, which would value the company at roughly £6.8bn including debt.\nDS Smith recently agreed to be taken over by Mondi (MNDI.L), in a deal that implied a value of 373p per share, or closer to a £6.2bn enterprise value.\n"The board acknowledges the strategic merits and potential for value creation through a combination with International Paper," DS Smith said.\n"Accordingly, the board is progressing its discussions with International Paper regarding the proposal."\nInternational Paper said in a statement that a merger would create a new global leader in sustainable packing that would be well positioned in growing markets.\nWatch: Trump\'s Truth Social: \'Would I touch the stock? No.\'\nDownload the Yahoo Finance app, available forAppleandAndroid.', '• Galaxy continues to evolve its business model focused on institutional trading, Canaccord said.\n• Further roll-out of the company’s prime brokerage product, Galaxy One, is viewed positively.\n• Broker maintains its buy rating on the stock and its C$17 ($12) price target.\nGalaxy Digital (GLXY), the crypto financial services firm headed by Michael Novogratz, had a strong end to 2023 withsolid operating resultsacross its diversified business, broker Canaccord Genuity said in a research report on Wednesday.\nCanaccord notes that while the fourth quarter was solid, commentary about the performance of the Toronto-listed business through the end of February was even better.\nPositive highlights include an almost doubling of assets under management (AUM) from year-end to more than $10 billion, equity capital growing to over $2.1 billion versus about $1.5 billion at the end of the third quarter, and quarter-to-date income before tax of around $300 million, the report said.\n“Also, importantly, Galaxy continues to evolve its business model focused on institutional trading,” analysts led by Joseph Vafi wrote, adding that “we were pleased to see further maturation and rollout of the company’s unique crypto-specific prime brokerage product, Galaxy One.”\n“We view the continuing evolution of Galaxy One to be a real driver of not taking but creating market share as more traditional asset managers look to make some allocation to crypto,” the authors wrote.\nThe crypto firm’s increased relationship with theFTX estatedrove a material increase in AUM in the asset-management unit since the end of the year, Canaccord said, adding that higher AUM results in increased trading revenue over time as FTX sells its digital assets at spot prices.\nExchange-traded fund (ETF) activity is also a tailwind. Canaccord said it is “quite encouraged by ETF rollouts withEuropean partner DWSboth in bitcoin {{BTC}} and ether {{ETH}} as well as the gradual ramp-up of the U.S. BTC ETF withpartner Invesco.”\nThe broker maintained its buy rating on Galaxy shares with an unchanged C$17 ($12) (price target. Galaxy shares closed at C$13.46 on Wednesday.\nRead more:Galaxy Digital’s Strong Earnings Will Carry Into Current Quarter, Analyst Says', 'Bitcoin(CRYPTO: BTC)has been on fire in recent months. The cryptocurrency has soared 60% since the start of 2024 as investors have rotated back into risk assets amid signs of a strong economy. Bitcoin currently traded at about $70,000, and it has a market capitalization of more than $1.3 trillion. But Gautam Chhugani and Mahika Shapra at Bernstein see more gains on the horizon.\nThe analysts recently revised their year-end price target to $90,000, up from $80,000, due to the tremendous demand for spot Bitcoin exchanged-traded funds (ETFs) and the impact of the halving event anticipated next month. In a note to clients, Chhugani and Shapra said 2024 would be a "breakout inflection year" for the cryptocurrency.\nInvestors should never fixate on short-term price targets, but what the Bernstein analysts are suggesting is quite mild compared to other forecasts floating around. For instance, Cathie Wood of Ark Invest recently said a single Bitcoin could reach $3.8 million by 2030. That estimate is based on the idea that institutional investors will eventually allocate about 5% of their assets to the cryptocurrency.\nIn any case, if Chhugani and Shapra are correct in assuming Bitcoin will reach $90,000 in 2024, its market capitalization would increase almost $500 billion, bringing its total valuation to $1.8 trillion. Here\'s what investors should know.\nThe Securities and Exchange Commission (SEC) received its firstspot Bitcoin ETFapplication in 2013, but it didn\'t approve any of them until January. That decade-long process has forever changed the cryptocurrency market. Spot Bitcoin ETFs offer direct exposure to Bitcoin without the rigmarole of cryptocurrency exchanges and blockchain wallets. In other words, they make it much easier for retail and institutional investors to addBitcointo their portfolios.\nTo say the launch has been successful would be an understatement. Before approval, Bernstein analysts expected spot Bitcoin ETF inflows to reach $5 billion in the first half of the year and $10 billion in the second half. In other words, they anticipated $15 billion in total inflows throughout 2024. That would have been impressive, but what actually happened was jaw-dropping.\nSpecifically,BlackRockalone attracted $10 billion to itsiShares Bitcoin ETF(NASDAQ: IBIT)during the first two months of trading. No ETF has ever hit that milestone faster, according to Bloomberg analyst Eric Balchunas. Additionally, the cumulative inflows across all spot Bitcoin ETFs have now exceeded $25 billion, meaning demand has already outstripped what Bernstein analysts expected for the full year.\nBitcoin\'s supply limit of 21 million coins is central to the investment thesis because it creates scarcity and prevents inflation. That makes the cryptocurrency valuable in the same way that scarcity makes precious metals valuable. The supply limit is enforced through a periodic halving of mining rewards, an event that is coded into the Bitcoin protocol, according toCoinbase Global.\nHere\'s how it works: Miners earn Bitcoin when they successfully validate transaction blocks and add them to the blockchain. The reward falls by 50% each time 210,000 blocks are completed, which happens about once every four years. The next halving is expected in mid-April 2024.\nNothing extraordinary will happen on the day mining rewards are halved. Nevertheless, the event is significant for investors because it should be preceded by reduced selling pressure. To elaborate, miners sell Bitcoin to fund their operations and earn a paycheck, but they will only have half as much Bitcoin to sell during the next four years.\nThe impact of past halving events is shown in the chart below. Bitcoin has always been more valuable 24 months later.\n[{"Halving Date": "November 2012", "Price At Halving": "$12.35", "Price 24 Months Later": "$376.15", "Return": "2,946%"}, {"Halving Date": "July 2016", "Price At Halving": "$647.11", "Price 24 Months Later": "$6,306.85", "Return": "875%"}, {"Halving Date": "May 2020", "Price At Halving": "$8,821.18", "Price 24 Months Later": "$31,026.93", "Return": "252%"}]\nData sources: Coinbase, Cointelegraph, StatMuse, and YCharts.\nBitcoin has created tremendous wealth since its inception in 2009, but the cryptocurrency has also been very volatile. Bitcoin has suffered three catastrophic meltdowns in the past seven years. It fell 83% between December 2017 and December 2018. It fell 53% between April 2021 and July 2021. And it fell 77% between November 2021 and November 2022.\nWhat makes those meltdowns especially alarming is that Bitcoin hit a new record high before each one. In other words, Bitcoin has fallen more than 50% from a record high three times in the past seven years. Investors should be prepared for similar volatility in the future.\nSo could Bitcoin reach $90,000 this year? Sure, that outcome is certainly plausible, but it is by no means guaranteed. Investors should buy Bitcoin only if they are comfortable with risk and volatility, and only if they plan to hold the cryptocurrency for a few years.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars Another $500 Billion in Value, According to Certain Wall Street Analystswas originally published by The Motley Fool', 'Carvana(NYSE:CVNA) stock was trading below $5 at the beginning of January 2023. In just over a year, CVNA stock has delivered 17x returns. Clearly, it does not take time forpenny stocksto blast higher on a few positive catalysts.\nOf course, this should not be a reason to go overweight on penny stocks. Portfolio exposure to these high-risk bets needs to be limited to 10% to 15%. Even this exposure will likely have a significant impact if investors hold a few penny stocks that can 10x.\nThis column talks about three non-speculative penny stocks that can be 10-bagger stories in the next 12 months. These stocks represent companies with good fundamentals and possible catalysts for a massive rally. The assumption is that these catalysts are triggered. However, in the worst-case scenario, the upside will be delayed.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nLet’s talk about the factors that can translate into multibagger returns from these stocks in the blink of an eye.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nEven asBitcoin(BTC-USD) surges higher,Bitfarms(NASDAQ:BITF) stock has been subdued. The reason is a recent at-the-market equity offering of $375 million. However, I believe BITF stock will likely go ballistic after some consolidation. Further, 10x returns from current levels are likely with two major assumptions.\nFirst, Bitcoin currently trades at $70,000. If the digital asset zooms past $100,000 in the next 12 months, BITF stock will surge. Analysts expect Bitcoin couldtrade at $115,000after halving. Therefore, this assumption is likely to be true.\nFurther, Bitfarms reported a hash rate capacity of 6.5EH/s as of February. The company has ambitious expansion plans and is targeting a capacity of 21EH/s by the second half of the year. If it can achieve this aggressive expansion target, BITF stock will surge. A high Bitcoin price coupled with massive capacity expansion will translate into stellar revenue and cash flow growth.\nSource: rafapress / Shutterstock.com\nJust after Joe Biden was elected President in 2021,Tilray Brands(NASDAQ:TLRY) stock skyrocketed. However, with regulatory headwinds, TLRY stock has declined and remained subdued.\nWith the presidential election right around the corner, I expect another big rally for the stock. From current levels, 10x returns is a cakewalk considering the following assumptions. First, cannabis is reclassified from Schedule I to Schedule III drug by the U.S. Drug Enforcement Agency.\nFurther, there is clarity about the presidential candidate’s stance on the urgency to legalize cannabis at the federal level. If hopes seem high for legalization in 2025, TLRY stock will surge.\nBesides that, business developments have been positive. For Q2 2024, Tilray reportedrevenue growth of 34% year-on-yearto $194 million. Growth was supported by the medicinal cannabis segment in European markets. The company also expects to deliver positive adjusted free cash flow during the financial year.\nSource: Postmodern Studio / Shutterstock.com\nStandard Lithium(NYSE:SLI) can be another potential 10-bagger in quick time. After plunging by almost 65% in the last 12 months, SLI stock looks deeply undervalued. The correction didn’t come as a surprise, with lithium trending lower.\nHowever, it’s worth noting that Standard Lithium currently has a market valuation of $214 million. In comparison, the company’s key asset has anafter-tax net present valueof $4.5 billion. If we consolidate other assets, the after-tax NPV is more than $5 billion. Clearly, SLI stock is massively undervalued.\nI would, however, bet on 10x returns in the next 12 months based on the following assumptions. First, lithium stabilizes and starts recovering from deeply oversold levels. Further, Standard Lithium secures financing for its key asset, which requires a capital investment of $1.2 billion. In a recent example,Lithium Americas(NYSE:LAC) secured financing from the U.S. Department of Energy, and the stock surged by almost 60% within one month.\nOn Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.\nRead More:Penny Stocks — How to Profit Without Getting Scammed\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Penny Stocks That Can 10X in the Blink of an Eyeappeared first onInvestorPlace.', 'Vancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), one of the first publicly traded blockchain companies in Canada, is pleased to announce a growth milestone for it\'s proof-of-stake operations with a new acquisition of 26,964 Solana (SOL) tokens, a leading proof-of-stake (PoS) blockchain protocol.\nNeptune Digital Assets has successfully negotiated a strategic purchase of 26,964 Solana, one of the fastest-growing blockchain ecosystems, at USD$64 per SOL token, resulting in an exceptional 67% discount to current market value of USD$192 (at time of writing) per SOL. This investment underscores Neptune\'s commitment to identifying and capitalizing on high-potential opportunities within the digital asset space. Neptune\'s new Solana balance is now 31,181 tokens, all of which are staked and earning rewards.\nAs part of its growth strategy, Neptune Digital Assets has been actively growing its staking business line, where it either delegates tokens or operates nodes to secure PoS blockchain networks and earn rewards. These rewards contribute to Neptune\'s revenue streams, enhancing value for shareholders. With Solana\'s PoS mechanism, Neptune anticipates generating approximately a 7.5% annual yield. The Solana tokens acquired by Neptune will be locked and staked. The tokens will be released as follows:\n• 80% will be released linearly on a monthly basis until January 2028;\n• 20% will be released in March 2025;\n• Solana will be staked and earn staking rewards during the lock period (current yield is approximately 7.5%, however this is subject to fluctuation).\nCale Moodie, CEO of Neptune Digital Assets, commented, "Our growing focus on proof-of-stake cryptocurrencies such as Solana, Polkadot, and Atom aligns with our commitment to generating sustainable revenue streams in the rapidly evolving blockchain ecosystem. Solana\'s staking rewards, combined with its robust infrastructure, present an attractive opportunity for Neptune to generate revenue while contributing to the security and decentralization of the Solana network. This is a remarkable opportunity to grow our assets and revenues at a substantial discount to prevailing market prices."\nSolana has emerged as a powerhouse in the blockchain industry, offering lightning-fast transaction speeds and low fees, making it a strong platform for decentralized applications (dApps) and decentralized finance (DeFi) projects. With this strategic investment, Neptune Digital Assets positions itself at the forefront of innovation within the blockchain space.\nAbout Neptune Digital Assets Corp.\nNeptune Digital Assets Corp. is one of the first publicly traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.\nON BEHALF OF THE BOARD\nCale Moodie, President and CEONeptune Digital Assets Corp.1-800-545-0941www.neptunedigitalassets.com\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX \u200eVenture Exchange) accepts responsibility for the adequacy or accuracy of this release.\u200e\nForward-Looking Statements\nThis release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-Looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-Looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company\'s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the auditors completing the remining auditing items with respect to the Annual Filings; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company\'s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.\nThe Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management\'s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/203262', 'America’s "snowballing debt"—at $34 trillion and counting—is putting the country on course to end up in a crisis reminiscent of Japan\'s lost decade, and Washington cannot take for granted the notion that investors will continue to fund its fiscal deficit forever, warnsBlackRockCEO Larry Fink.\nThe CEO of the world’s largest asset manager also cautioned that the recent three percentage point increase in U.S. Treasury yields, to 4%—which reflects longer term inflation expectations and the Fed\'s aggressive interest rate hikes—is already very dangerous, since it amounts to an extra trillion dollars in interest payments alone over the next decade.\n“The situation is more urgent than I can ever remember,” Fink wrote in hisannual letterto investors on Tuesday. “There’s a bad scenario where the American economy starts looking like Japan’s in the late 1990s and early 2000s, when debt exceeded GDP and led to periods of austerity and stagnation.”\nThe national debt is rising at a rate of $1 trillion roughlyevery 100 days, which itself is putting upwards pressure on consumer prices. That is partly why both assets believed to be inflation hedges like physical gold and Bitcoin—what some view as the precious metal’s virtual cousin due to its limited nature—arebothatrecord highs.\n“A high-debt America would also be one where it’s much harder to fight inflation, since monetary policymakers could not raise rates without dramatically adding to an already unsustainable debt-servicing bill,” he added.\nhttps://www.youtube.com/watch?v=fWg5GKuNHLE\nFink joins Fed chairJerome Powell, JPMorgan CEOJamie Dimon,Bank of AmericabossBrian MoynihanandElon Muskin sounding the alarm. And while Joe Biden has been blamed for spending excesses stemming from the COVID recovery, the truth is the problems harken back much further as the country lurched from one crisis response to the next.\nEver since thebudget surplusesunder Bill Clinton, the24 subsequent years—split evenly between Republican and Democrat-led administrations—have seen spending get out of control with the debt rising by $26 trillion over the period due to expensive wars, generous unfunded tax breaks and Keynsian-style spending to combat deflating asset bubbles.\n“When I talk about this statistic, I get frightened,” Fink told Bloomberg TV onTuesday. “The cost of financing our deficits is going to erode more and more of our disposable income as a country.”\nIt’s precisely these elevated levels of U.S. government spending that have been fueling the country’s remarkable expansion that has defied the economic gravity that all other nations have faced of late, according to Jim Bianco,\nSpeakinglast week, the president of Bianco Research explained that expenditure as a percentage of GDP remains at levels only eclipsed by a once-in-a-century pandemic and the 2008 financial crisis. In other words, stimulus is being pumped into the U.S. economy at a rate more indicative of a government fighting off a recession. In theory, that approach makes sense when consumers are beating a retreat, but that has not been the case of late.\n“We are spending a lot more money than we ever have before,” Bianco said, arguing the GDP will artificially levitate as long as government expenditure continues to comprise an above-average 22% of overall economic output. “They’re spending like it’s the middle of a recession.”\nThis story was originally featured onFortune.com', '• Major shareholders representing ~22% of WonderFi stock are demanding urgent change as share price plummets during the strongest bull run in history for crypto currencies like Bitcoin\n• KAOS Capital CEO Adam Arviv leading the charge to replace the entrenched and disorganized Board that missed opportunities to capitalize on the Company’s position as the only fully regulated crypto exchange in Canada\nTORONTO, March 27, 2024--(BUSINESS WIRE)--KAOS Capital Ltd. ("KAOS"), a significant shareholder in WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ("WonderFi" or the "Company"), today announced its intent to nominate five highly experienced individuals to the WonderFi Board of Directors (the "Board") ahead of the annual general meeting scheduled to be held on May 21, 2024.\nKAOS’s call for change in the Board reflects its dissatisfaction with WonderFi’s lifeless stock performance and its failure to capitalize on its position as the only fully regulated crypto exchange in Canada. The current Board has overseen extremely poor performance as compared to other public securities in the global crypto space during the strongest bull run in history for crypto currencies like Bitcoin.\nThe current Board has repeatedly refused to engage on plans to restore investor confidence, leading KAOS to this decision to nominate a more effective and engaged slate of directors. KAOS’ call for change has significant support from shareholders, and cumulatively represents approximately 22% of the issued and outstanding shares, including Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) ("Mogo"), the Company’s largest shareholder, which holds approximately 13% ownership interest, and with whom KAOS has entered into a voting agreement.\nKAOS is confident that new leadership will enable WonderFi to realize its significant upside potential and gain traction within the re-accelerating crypto marketplace. KAOS has recognized that the current weak leadership is not capable of capitalizing on opportunities in the marketplace and is holding the Company back, resulting in the stock trading significantly below its comparable peers and Company’s intrinsic value.\n"As the cryptocurrency market rebounds, WonderFi is uniquely positioned to leverage its position as the only fully regulated crypto exchange in Canada," said Adam Arviv, CEO of KAOS. "Strong leadership is imperative to capitalizing on this opportunity and the current Board has not shown itself to be capable or engaged enough to lead the way. Rather than engaging constructively and identifying a path forward, the current Board has taken the approach of stonewalling its shareholders. A proxy contest was not our first choice, but unfortunately is now required if shareholder value is to be protected and enhanced."\n"This need for new leadership has already been identified by a large proportion of shareholders and every day more shareholders are joining our call for change," added Arviv. "I encourage the Board not to waste more Company resources and to participate in an orderly transition, given that change is inevitable."\nMISSED OPPORTUNITIES: FAILURE TO CAPITALIZE ON STRENGTHS\nAs the only Canadian crypto exchange listed on the Toronto Stock Exchange, WonderFi has been unable to seize the opportunities presented by the cryptocurrency rebound. Comparison of WonderFi\'s performance with Coinbase and other industry peers highlights significant divergences and underscores ample room for improvement.\nThis failure is compounded by a lack of product strategy and fragmented brand positioning, eroding investor confidence and perpetuating value destruction. KAOS believes that a valuable asset with significant upside potential is being led astray by a weak Board and Management, squandering opportunities and driving the stock price far below its true intrinsic value.\nSIGNIFICANT UNDERPERFORMANCE\nDespite the thriving crypto market seeing double and triple-digit growth, the Company’s share price has witnessed significant value destruction this year.\nAs of market close on March 26, 2024, WonderFi’s stock price performance indicates fundamental underperformance, resulting in shareholder value destruction when compared to similar issuers/assets. A comparison of WonderFi’s share price against Coinbase Global Inc. (NASDAQ: COIN), DeFi Technologies (NEO: DEFI), Galaxy Digital Holdings (TSX: GLXY), MicroStrategy Inc. (NASDAQ: MSTR), and Bitcoin (BTC), across three distinct periods highlights this trend: from the announcement of the WonderFi and Coinsquare deal, the close of the deal, and year-to-date.\nDuring these periods, WonderFi\'s stock price performance was as follows: 33% return during the announcement period, 43% return at the close of the deal, and a decline of -10% year-to-date. However, when compared to the average return of the other five selected comparables, WonderFi\'s performance exhibited a notable downward variance. The average returns of the comparables were significantly higher in the same periods, demonstrating average returns of 298%, 255%, and 67%, respectively.1\nThe Company’s missteps lie not only in its financial performance but also in its investor relations strategy, which has favoured issuing superficial press releases over substantive engagement with shareholders. This flawed approach has done little to increase investor confidence, instead raising valid concerns regarding the transparency and credibility of the company’s communication practices.\nSUPPORT FROM WONDERFI’S LARGEST SHAREHOLDER\nTo ensure that WonderFi is on the track to maximizing shareholder value, KAOS and Mogo have entered into a voting agreement where Mogo will support the five nominees put forth by KAOS. This agreement is significant given that Mogo is the Company’s largest shareholder representing approximately 13% ownership interest and brings intimate knowledge of the business and industry in which the Company operates.\nMogo was also the largest shareholder of Coinsquare, which was acquired by WonderFi last year. This alignment creates opportunities for decisive action in guiding WonderFi towards positive outcomes for the Company and all its stakeholders.\nPOOR CAPITAL ALLOCATION TRACK RECORD\n• In assessing the Company’s capital allocation practices, several areas of concern have surfaced. This includes a lack of strategic coherence in mergers and acquisitions, coupled with inadequate follow-through on integrating acquired assets effectively.\n• The haphazard integration of five acquisitions made over the last two years and the presence of multiple brands and platforms has contributed to market confusion. The Company\'s recent announcement on March 19, 2024, regarding the acquisition of FX Institutions Pty. Ltd. in Australia is another example of a misguided go-forward strategy that has confused investors. This acquisition appears to be following the same pattern of previous ill-advised acquisitions under the current Board.\n• Significant impairments from past acquisitions have raised questions about the Board’s oversight. The earlier acquisition of three entities totaling $158 million by December 2022 resulted in impairment charges of $121 million, representing 77% of the acquisition value.\n• In 2023, two additional acquisitions valued at $74 million led to a 70% dilution of shareholder value, with a looming threat of further impairments. This pattern has contributed to an accumulated deficit of approximately $200 million as of September 2023.\nTUMULTUOUS TURNOVER IN LEADERSHIP\n• Over the past two years, the Company has experienced a tumultuous turnover in leadership, with changes including the departure of the CEO, two CFOs, the CSO, and multiple directors. This whirlwind of personnel shifts at the executive level has raised concerns regarding the Company’s strategic trajectory and governance practices.\n• As re Last 60 Days of Bitcoin's Closing Prices: [42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-27 Financial & Commodity Data: - Gold Closing Price: $2190.60 - Crude Oil Closing Price: $81.35 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,361,484,297,881 - Hash Rate: 567537982.2762733 - Transaction Count: 355902.0 - Unique Addresses: 637151.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation. However, Cathie Wood's Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade. Here's what investors should know about this cryptocurrency. Bitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually. That monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley. Better yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year. [{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}] Data source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number. As shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility. According to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn't have a terribly long history. Bitcoin's price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins. To that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years: 1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers. 2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years. Ark Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside. Cathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs. Sensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty. Patient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of February 12, 2024 Trevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. 1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks snapped a three-day losing streak, with major indexes rising Wednesday.\n• The S&P 500 is poised to close out its best first quarter since 2019.\n• Investors are waiting on more Fedspeak and economic data later this week.\nUS stocks jumped on Wednesday, bouncing back from a three-day losing streak with traders hoping to close the market\'s best first quarter in five years.\nMajor averages ticked higher, with the Dow Jones Industrial Average soaring more than 475 points.\nThe benchmark S&P 500, with a gain of more than 9.5% so far this year, is on track for the best first three months of the year since 2019.\nInvestors are waiting on remarks from Fed Governor Christopher Waller after the closing bell, as well as a slew of economic data points coming out later this week. February\'s personal consumption expenditures reading, the Fed\'s favorite gauge of inflation, will be released Friday morning and will serve as a key input for central bankers when deciding the pace of rate cuts this year.\n"The Fed\'s Chris Waller may offer a rebuke of Jay Powell\'s dovishness today. While not dismissing the prospect of a June cut, Waller may point to sturdy US aggregate demand and \'sticky\' inflation in the January and February data to justify fewer rate cuts," Thierry Wizman, a strategist at Macquarie said in a note on Wednesday.\nMarkets are largely expecting the Fed to cut rates three times by December, in line with what central bankers have forecast for the year. Investors are pricing in a 73% chance the Fed could cut rates 75 basis points or more, according to theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,248.50, up 0.86%\n• Dow Jones Industrial Average: 39,760.08, up 1.22% (+477.75 points)\n• Nasdaq Composite: 16,399.52, up 0.51%\nHere\'s what else is going on today:\n• Tesla stock will fall another 33%as it\'s too expensive and lacks upside catalysts, Bernstein analysts said.\n• Robinhood stock surgedafter the company launched a solid gold credit card with 3% cash back.\n• China\'s industrial push could destabilize the global economy, Treasury Secretary Janet Yellen warned.\n• Bitcoin\'s halving could force miners to risk operating in cheaper locationswith less reliable power grids.\nIn commodities, bonds, and crypto:\n• Oil prices were little changed.West Texas Intermediatecrude inched up to $81.66 a barrel.Brent crude, the international benchmark, traded slightly higher at $86.32 a barrel.\n• Goldclimbed 0.6% to $2,212.50 per ounce.\n• The 10-year Treasury ticked lower four basis points to 4.19%.\n• Bitcoinslipped 1.38% to $68,737.\nRead the original article onBusiness Insider', "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', "• On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively.\n• Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market.\n• Dealer hedging could also breed volatility around $70,000, FRNT’s David Brickell said.\nThe impending quarterly expiry of bitcoin {{BTC}} and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers.\nOn Friday at 08:00 UTC, Deribit, the world’s leading cryptocurrency options exchange, will settle quarterly contracts worth $15.2 billion. Bitcoin options account for $9.5 billion or 62% of the total notional open interest due for settlement, while ether options comprise the rest.\nThe $15 billion expiry is one of the largest in the exchange’s history, Deribitdata show. The expiry will wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities.\nNotional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The exchange accounts for over 85% of the global crypto options market. A call option is a type of financial contract that gives the buyer the right, but not the obligation, to purchase an underlying asset at a preset price at a later date. A put gives the right to sell.\nLuuk Strijers, chief commercial officer at Deribit, said large amounts of options are set to expirein-the-money(ITM), which could inject upward pressure or volatility into the market.\nA call option expiring ITM has a strike price lower than the underlying asset’s going market rate. On expiry, the ITM call gives the purchaser the right to buy 1 BTC at the strike price (which is lower than the spot market rate), generating a profit. A put option expiring ITM has a strike price higher than the underlying asset’s going market rate.\nAt the going market rate of around $70,000, bitcoin options worth $3.9 billion are set to expire in the money. That’s 41% of the total quarterly open interest of $9.5 billion due for settlement. Similarly, 15% of ETH’s total quarterly open interest of $5.7 billion is on track to expire in the money, as data from Deribit shows.\n“These levels are higher than usual, which can also be seen in the low max pain levels. The reason is, of course, the recent price rally. Higher levels of ITM expiries might lead to potential upward pressure or volatility in the underlying,” Strijers told CoinDesk.\nThe maximum pain points for BTC and ETH's quarterly expiry are $50,000 and $2,600, respectively. The max pain is when option buyers stand to lose the most money. The theory is that option sellers (writers), usually institutions or traders with ample capital supply, look to pin prices near the maximum pain point to inflict maximum loss on option buyers.\nDuring the last bull market, bitcoin and ether consistentlycorrected lowerin thedirection oftheir respective max pain points only to resume the rally after the expiry.\nSimilar dynamics could be at play, according to Strijers.\n“The market could see upward pressure as the expiry removes the lower max pain magnet,” Strijers explained.\nDavid Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, said hedging activities of dealers or market makers could boost volatility.\n“The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.\nGamma measures the movement of Delta, which gauges the option’s sensitivity to changes in the underlying asset’s price. In other words, gamma shows the amount of delta-hedging market makers need to do to keep their net exposure neutral as prices move. Market makers must maintain a market-neutral exposure while creating liquidity in order books and profiting from the bid-ask spread.\nWhen market makers are short gamma or holding short options positions, they buy high and sell low to hedge their books, potentially amplifying the price.", "• On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $9.5 billion and $5.7 billion, respectively.\n• Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market.\n• Dealer hedging could also breed volatility around $70,000, FRNT’s David Brickell said.\nThe impending quarterly expiry of bitcoin {{BTC}} and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers.\nOn Friday at 08:00 UTC, Deribit, the world’s leading cryptocurrency options exchange, will settle quarterly contracts worth $15.2 billion. Bitcoin options account for $9.5 billion or 62% of the total notional open interest due for settlement, while ether options comprise the rest.\nThe $15 billion expiry is one of the largest in the exchange’s history, Deribitdata show. The expiry will wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities.\nNotional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The exchange accounts for over 85% of the global crypto options market. A call option is a type of financial contract that gives the buyer the right, but not the obligation, to purchase an underlying asset at a preset price at a later date. A put gives the right to sell.\nLuuk Strijers, chief commercial officer at Deribit, said large amounts of options are set to expirein-the-money(ITM), which could inject upward pressure or volatility into the market.\nA call option expiring ITM has a strike price lower than the underlying asset’s going market rate. On expiry, the ITM call gives the purchaser the right to buy 1 BTC at the strike price (which is lower than the spot market rate), generating a profit. A put option expiring ITM has a strike price higher than the underlying asset’s going market rate.\nAt the going market rate of around $70,000, bitcoin options worth $3.9 billion are set to expire in the money. That’s 41% of the total quarterly open interest of $9.5 billion due for settlement. Similarly, 15% of ETH’s total quarterly open interest of $5.7 billion is on track to expire in the money, as data from Deribit shows.\n“These levels are higher than usual, which can also be seen in the low max pain levels. The reason is, of course, the recent price rally. Higher levels of ITM expiries might lead to potential upward pressure or volatility in the underlying,” Strijers told CoinDesk.\nThe maximum pain points for BTC and ETH's quarterly expiry are $50,000 and $2,600, respectively. The max pain is when option buyers stand to lose the most money. The theory is that option sellers (writers), usually institutions or traders with ample capital supply, look to pin prices near the maximum pain point to inflict maximum loss on option buyers.\nDuring the last bull market, bitcoin and ether consistentlycorrected lowerin thedirection oftheir respective max pain points only to resume the rally after the expiry.\nSimilar dynamics could be at play, according to Strijers.\n“The market could see upward pressure as the expiry removes the lower max pain magnet,” Strijers explained.\nDavid Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, said hedging activities of dealers or market makers could boost volatility.\n“The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.\nGamma measures the movement of Delta, which gauges the option’s sensitivity to changes in the underlying asset’s price. In other words, gamma shows the amount of delta-hedging market makers need to do to keep their net exposure neutral as prices move. Market makers must maintain a market-neutral exposure while creating liquidity in order books and profiting from the bid-ask spread.\nWhen market makers are short gamma or holding short options positions, they buy high and sell low to hedge their books, potentially amplifying the price.", 'Many cryptocurrencies plunged in 2022 as rising rates, the collapses of high-profile exchanges and tokens, and regulatory threats drove investors toward safer investments. That "crypto winter" dragged on throughout the first half of 2023.\nBut over the past 12 months, investors gradually pivoted back toward cryptocurrencies in anticipation of lower interest rates and a warmer macro environment. So if you believe brighter days are ahead for the crypto market, it might be the right time to load up on these three cryptocurrencies.\nBitcoin\'s(CRYPTO: BTC)price hit a new all-time high of $73,580 on March 14. It subsequently pulled back to about $65,000, but it\'s still up more than 130% over the past 12 months. That rally was driven bythree main catalysts.\nFirst, the U.S. Securities and Exchange Commission (SEC) approved the first 11 spot price exchange-traded funds (ETFs) for Bitcoin this January. That approval made it much easier to directly invest in Bitcoin, which was previously only accessible through direct purchases or ETFs tethered to trusts and future contracts.\nSecond, more investors are paying attention to the next "halving," which will reduce the rewards for mining Bitcoin in half this April. That process, which occurs every four years, will likely drive Bitcoin\'s price higher by tightening its available supply. Lastly, hopes for lower interest rates and a broader fear of missing out (FOMO) drew more investors back to Bitcoin. Bitcoin\'s price will likely remain volatile, but those tailwinds could drive its price much higher through the end of the year.\nEthereum(CRYPTO: ETH)also rallied 90% to about $3,500 over the past 12 months. Those gains were driven by hopes for spot price ETF approvals, major upgrades for improving the Ethereum Network\'s operating efficiency, and the development of more decentralized tokens and apps across its blockchain.\nEthereum\'s price recently slumped after the SEC requested more information from the Ethereum Foundation and continued its drive to reclassify Ether and other Ethereum tokens as securities. The SEC also reiterated its view that Bitcoin was the only cryptocurrency that could be classified as a commodity instead of a security.\nThat setback doused hopes for a quick approval of spot price ETFs for Ether, but it could head higher once it clears these regulatory hurdles. Ether\'s supply has still been steadily decreasing ever since it shifted from the "proof-of-work" (PoW) model to a more energy-efficient "proof-of-stake" (PoS) model in late 2022, and its token burns are accelerating that decline. Therefore, it might be smart to accumulate some Ethereum while the market is paying a lot more attention to Bitcoin.\nXRP(CRYPTO: XRP), the native cryptocurrency of the Ripple payment protocol network, rallied more than 40% over the past 12 months but remains more than 80% below its all-time high of $3.84 from January 2018.\nLike Bitcoin and Ethereum, XRP struggled with an exodus of investors as interest rates rose. However, XRP also faces unique regulatory and competitive headwinds.\nOn the regulatory front, the SEC sued Ripple and two of its executives in late 2020 for raising $1.3 billion through an unauthorized offering of XRP tokens. The regulators argued that those tokens should have been classified as unregistered securities. But last July, a U.S. court ruled that Ripple\'s sales of XRP tokens didn\'t constitute sales of unregistered securities, and subsequently shot down an appeal by the SEC three months later. The SEC then dropped its lawsuit against Ripple\'s two executives, but the two parties are still headed for a final court battle in April.\nAs for the competition, Ripple needs to keep pace with similar blockchain-powered networks like Ethereum, which serves a broader range of markets; andSolana, which processes its transactions at a faster rate. Those challenges are daunting, but If Ripple wins its case against the SEC and upgrades its network to keep pace with its competitors, its price could climb a lot higher over the next few months.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy Hand Over Fist in Marchwas originally published by The Motley Fool', "With the recent news that the fast-casual restaurant chainChipotle Mexican Grillplans a 50-for-1stock split, many investors might wonder which publicly traded company could be next.\nMicroStrategy(NASDAQ: MSTR), an enterprise software company that shifted its focus to buying and holdingBitcoin(CRYPTO: BTC)in 2020, could benefit from a split since its stock is trading close to $1,900 per share. Let's explore why a company might split its stock and whether MicroStrategy might entertain such a move.\nAstock splitoccurs when a company divides its existing shares into multiple shares, effectively increasing the number of available shares while maintaining itsmarket capitalization. While shareholders end up with more shares, their ownership percentage and the total worth of their investment stay the same.\nFor example, suppose you hold 10 shares of a company priced at $100 per share. If the company executes a 2-for-1 stock split, you would then own 20 shares valued at $50 each, while your total investment value would remain at $1,000.\nWhen a stock like MicroStrategy has a high price, it might become too expensive for many individual investors. While some brokerages offer fractional shares, others (like Vanguard) do not.\nLowering the share price makes a stock more accessible to a broader range of investors, which in theory could drive up demand for the company's shares and increase its market value.\nA decrease in stock price can benefit options traders by making them more affordable. This may attract more participants to the options market and open up opportunities for traders to implement strategies at lower costs, thus bringing more visibility to the stock.\nMicroStrategy went public in 1998, and in early 2000, the company split its stock 2-for-1 as it reached an all-time high. Similar to other dot-com companies, the bubble burst soon after, and MicroStrategy undertook a 1-for-10 reverse split in 2002 to meet the minimum-price requirements of aNasdaqlisting.\nExecutive Chairman Michael Saylor oversaw the company through its previous stock split and reverse stock split. Given the stock's past scars and volatility, with a 52-week high of $1,900 and a 52-week low of $230, Saylor could arguably be more hesitant this time around. No one at the company has commented in public on a potential stock split.\nIt's typically not recommended to base investment decisions solely on the potential for a stock split. Instead, a company's financial performance should be of much greater importance when evaluating a stock's long-term potential.\nWith that said, MicroStrategy is not like any other publicly traded company on the market because, facing limited growth prospects in its software business, it decided to purchase $250 million of Bitcoin in 2020 -- and hasn't stopped buying it since.\nToday, the company holds 214,246 bitcoins, acquired for $7.53 billion at an average price of $35,160 each. With Bitcoin trading for approximately $69,400, the unprecedented bet has paid off for MicroStrategy investors thus far, with its stock up over 1,400% since the company initiated the new approach.\nStill, prospective buyers should know a few things before investing in MicroStrategy today. First, the company's balance sheet has taken a considerable hit, with its net cash of $531 million transformed into $2.1 billion in net debt since its spending spree began.\nSecond, the company's number of outstanding shares has surged from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. Most of the cash generated by these stock sales was reinvested in even more Bitcoin.\nThe company's debt and share dilution will likely continue, as Microstrategy recently announced two convertible notes at $800 million and $600 million to fund its latest Bitcoin spending spree. Convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into stock shares at a future time. These notes are set to reach maturity in 2030 and 2031, respectively, unless they're repurchased, redeemed, or converted earlier, per the conditions outlined in their terms.\nEven for Bitcoin enthusiasts, MicroStrategy stock is starting to make less sense than buying the cryptocurrency directly or through one of the newly approved Bitcoin exchange-traded funds. That's because, as of this writing, the company has an enterprise value (market capitalization plus net debt) of $34.8 billion yet holds $14.9 billion worth of Bitcoin.\nTherefore, prospective investors are paying a significant premium for MicroStrategy, which generated $496 million in revenue for 2023, down 1% from $499 million in 2022. That makes this stock an unfavorable arbitrage play, and prospective investors should avoid the stock at today's lofty price.\nShould you invest $1,000 in MicroStrategy right now?\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCollin Brantmeyerhas positions in Chipotle Mexican Grill. The Motley Fool has positions in and recommends Bitcoin and Chipotle Mexican Grill. The Motley Fool has adisclosure policy.\nStock Split Watch: Is MicroStrategy Next?was originally published by The Motley Fool", "• Next month's reward halving could add to the ETF tailwinds for bitcoin, the report said.\n• Spot ETFs could become a more meaningful contributor to bitcoin’s price action.\n• BTC miners show signs of decoupling from the cryptocurrency's price as the halving event raises questions about profitability, Canaccord wrote.\nThe more than 60% rally in bitcoin {{BTC}} in the first quarter was driven mainly by theapprovalof spot exchange-traded funds (ETFs), the impending reward halving and an appetite for increased risk in financial markets, broker Canaccord Genuity said in a research report on Thursday.\n“While the macro outlook and timing of potential rate cuts remain uncertain, the upcoming halving event could add to the ETF tailwinds for bitcoin,” analysts led by Michael Graham wrote, adding that “for the rest of the ecosystem, activity levels continue to rebound from 2023 lows.” Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the supply of bitcoin. The nexthalvingis expected in April. Canaccord says it is encouraged by the Securities and Exchange Commission’s (SEC) approval of 11 U.S. spot bitcoin ETFs in the quarter. “While bitcoin’s increase in value during Q1 was far greater than ETF inflows, this tailwind should persist as retail investors look to add crypto exposure to IRAs and other tax-advantaged accounts, and we expect spot ETFs could become a more meaningful part of bitcoin’s price action going forward,” the authors wrote. IRAs are a way of saving for retirement in the U.S.\nPublicly traded miners underperformed bitcoin in the first quarter, showing signs of decoupling from the cryptocurrency's price, the report noted. Canaccord said next month's halving has introduced uncertainty about the profitability of some miners, and spot ETFs have given equity investors an alternative means of gaining exposure to the world’s largest cryptocurrency. “If history were to repeat itself, an even more bullish period for bitcoin and crypto could potentially be on the horizon in the months following this halving event,” the report added.\nRead more:Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says", "• Next month's reward halving could add to the ETF tailwinds for bitcoin, the report said.\n• Spot ETFs could become a more meaningful contributor to bitcoin’s price action.\n• BTC miners show signs of decoupling from the cryptocurrency's price as the halving event raises questions about profitability, Canaccord wrote.\nThe more than 60% rally in bitcoin {{BTC}} in the first quarter was driven mainly by theapprovalof spot exchange-traded funds (ETFs), the impending reward halving and an appetite for increased risk in financial markets, broker Canaccord Genuity said in a research report on Thursday.\n“While the macro outlook and timing of potential rate cuts remain uncertain, the upcoming halving event could add to the ETF tailwinds for bitcoin,” analysts led by Michael Graham wrote, adding that “for the rest of the ecosystem, activity levels continue to rebound from 2023 lows.” Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the supply of bitcoin. The nexthalvingis expected in April. Canaccord says it is encouraged by the Securities and Exchange Commission’s (SEC) approval of 11 U.S. spot bitcoin ETFs in the quarter. “While bitcoin’s increase in value during Q1 was far greater than ETF inflows, this tailwind should persist as retail investors look to add crypto exposure to IRAs and other tax-advantaged accounts, and we expect spot ETFs could become a more meaningful part of bitcoin’s price action going forward,” the authors wrote. IRAs are a way of saving for retirement in the U.S.\nPublicly traded miners underperformed bitcoin in the first quarter, showing signs of decoupling from the cryptocurrency's price, the report noted. Canaccord said next month's halving has introduced uncertainty about the profitability of some miners, and spot ETFs have given equity investors an alternative means of gaining exposure to the world’s largest cryptocurrency. “If history were to repeat itself, an even more bullish period for bitcoin and crypto could potentially be on the horizon in the months following this halving event,” the report added.\nRead more:Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says", 'NASSAU,\xa0Bahamas,March 28, 2024/PRNewswire/ --OKX, a global leading Web3 technology company andcryptoexchange, has opened entries for itsBitcoinhalving-themed \'The UltimateBitcoinRush\' and \'OKX Web3BitcoinDrop\' trading campaigns, featuring a prize pool worth over 10 BTC.\nRegistration for \'The UltimateBitcoinRush\' has begun, while registration for \'OKX Web3BitcoinDrop\' begins onMarch 28, 2024.\n\'The UltimateBitcoinRush,\' set to run fromApril 8, 2024, toApril 26, 2024, is a CeFi trading competition that invites both teams and individuals to register and compete for an opportunity to claim a share of a 10 BTC prize pool.\nEligible users must register and join a team on thetrading competition landing pagefrom now untilApril 7, 2024at 23:59 (UTC+8). Rewards will be allocated to the top 20 teams based on team profit percentage. Additionally, the top 15 traders will receive rewards based on their individual profit amount.\nNew users who registered for an OKX account afterMarch 18, 2024at 00:00 (UTC+8) will also receive a 10% boost to their score on both the \'Team\' and \'Individual\' leaderboards, providing them with an exclusive edge in the competition. Participating contracts for this competition include all USDT perpetual futures trading pairs.\n\'OKX Web3BitcoinDrop\' is a Web3-focused campaign aimed at increasing engagement in theBitcoinnetwork, giving one lucky participant the opportunity to win 1 BTC. To join the campaign, eligible users must register on the campaign\'slanding page, hold ≥ 0.0005 BTC during the event, make at least one BTC transaction viaOKX Wallet, conduct a BTC cross-chain swap on theOKX DEXaggregator, trade Ordinals or Atomicals assets on theOKX Marketplaceand complete social media tasks, such as followingOKX Web3on X (previously known as Twitter).\nOKX Chief Commercial OfficerLennix Laisaid:"We\'re excited to launch \'The UltimateBitcoinRush\' and the \'OKX Web3BitcoinDrop\' campaigns. \'The UltimateBitcoinRush\' aims to encourage engagement from the trading community while providing new and existing users an opportunity to showcase their trading skills. Our \'OKX Web3BitcoinDrop\' campaign furthers this engagement on theBitcoinnetwork by rewarding our Web3 users. As we approach the nextBitcoinhalving, we believe this is the perfect time to interact with our community, and reward our top traders and Web3 users."\nBesides the \'OKX Web3BitcoinDrop,\' OKX Web3 has also collaborated withBitcoinecosystem projects likeBounceBit,Merlin ChainandBOBto launchBitcoinhalving-themed campaigns. This provides eligible users with the opportunity to take part in a series ofBitcoin-themed activities and earn rewards.\nBitcoinhalvings, happening every 210,000 blocks, are a feature programmed byBitcoin\'s creator,Satoshi Nakamoto, that cuts the reward for miningBitcointransactions in half.Bitcoinhalving events are believed to help regulateBitcoin\'s inflation and preserve its worth by mimicking the limited availability of precious metals. The next halving inApril 2024will decrease the reward from 6.25 to 3.125 BTC. This scarcity has contributed toBitcoin\'s price appreciation over time, making halving events significant as they introduce a deflationary aspect toBitcoin.\nFor more information on OKX\'s activities related to theBitcoinhalving, visit:okx.com/landingpage/btc-halving\nNote: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign\'s full terms and conditions,click here.\nAbout OKX\nOKX is a leading globalcryptoexchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliablecryptoapps in the world.\nAs a top partner of English Premier League champions Manchester City FC, McLaren Formula 1 andOlympianScotty James,OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.\nThe OKX Wallet is the platform\'s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi andDeFitokens.\nOKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nCONTACT:[email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-launches-bitcoin-halving-themed-trading-competitions-on-its-exchange-and-web3-wallet-302102429.html\nSOURCE OKX', 'NASSAU,\xa0Bahamas,March 28, 2024/PRNewswire/ --OKX, a global leading Web3 technology company andcryptoexchange, has opened entries for itsBitcoinhalving-themed \'The UltimateBitcoinRush\' and \'OKX Web3BitcoinDrop\' trading campaigns, featuring a prize pool worth over 10 BTC.\nRegistration for \'The UltimateBitcoinRush\' has begun, while registration for \'OKX Web3BitcoinDrop\' begins onMarch 28, 2024.\n\'The UltimateBitcoinRush,\' set to run fromApril 8, 2024, toApril 26, 2024, is a CeFi trading competition that invites both teams and individuals to register and compete for an opportunity to claim a share of a 10 BTC prize pool.\nEligible users must register and join a team on thetrading competition landing pagefrom now untilApril 7, 2024at 23:59 (UTC+8). Rewards will be allocated to the top 20 teams based on team profit percentage. Additionally, the top 15 traders will receive rewards based on their individual profit amount.\nNew users who registered for an OKX account afterMarch 18, 2024at 00:00 (UTC+8) will also receive a 10% boost to their score on both the \'Team\' and \'Individual\' leaderboards, providing them with an exclusive edge in the competition. Participating contracts for this competition include all USDT perpetual futures trading pairs.\n\'OKX Web3BitcoinDrop\' is a Web3-focused campaign aimed at increasing engagement in theBitcoinnetwork, giving one lucky participant the opportunity to win 1 BTC. To join the campaign, eligible users must register on the campaign\'slanding page, hold ≥ 0.0005 BTC during the event, make at least one BTC transaction viaOKX Wallet, conduct a BTC cross-chain swap on theOKX DEXaggregator, trade Ordinals or Atomicals assets on theOKX Marketplaceand complete social media tasks, such as followingOKX Web3on X (previously known as Twitter).\nOKX Chief Commercial OfficerLennix Laisaid:"We\'re excited to launch \'The UltimateBitcoinRush\' and the \'OKX Web3BitcoinDrop\' campaigns. \'The UltimateBitcoinRush\' aims to encourage engagement from the trading community while providing new and existing users an opportunity to showcase their trading skills. Our \'OKX Web3BitcoinDrop\' campaign furthers this engagement on theBitcoinnetwork by rewarding our Web3 users. As we approach the nextBitcoinhalving, we believe this is the perfect time to interact with our community, and reward our top traders and Web3 users."\nBesides the \'OKX Web3BitcoinDrop,\' OKX Web3 has also collaborated withBitcoinecosystem projects likeBounceBit,Merlin ChainandBOBto launchBitcoinhalving-themed campaigns. This provides eligible users with the opportunity to take part in a series ofBitcoin-themed activities and earn rewards.\nBitcoinhalvings, happening every 210,000 blocks, are a feature programmed byBitcoin\'s creator,Satoshi Nakamoto, that cuts the reward for miningBitcointransactions in half.Bitcoinhalving events are believed to help regulateBitcoin\'s inflation and preserve its worth by mimicking the limited availability of precious metals. The next halving inApril 2024will decrease the reward from 6.25 to 3.125 BTC. This scarcity has contributed toBitcoin\'s price appreciation over time, making halving events significant as they introduce a deflationary aspect toBitcoin.\nFor more information on OKX\'s activities related to theBitcoinhalving, visit:okx.com/landingpage/btc-halving\nNote: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign\'s full terms and conditions,click here.\nAbout OKX\nOKX is a leading globalcryptoexchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliablecryptoapps in the world.\nAs a top partner of English Premier League champions Manchester City FC, McLaren Formula 1 andOlympianScotty James,OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.\nThe OKX Wallet is the platform\'s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi andDeFitokens.\nOKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nCONTACT:[email protected]\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-launches-bitcoin-halving-themed-trading-competitions-on-its-exchange-and-web3-wallet-302102429.html\nSOURCE OKX', 'The price of bitcoin has held above $70,000 (£55,591) in early trading on Thursday, as money flowed into spot bitcoin exchange-traded funds (ETFs).\nEvery day this week so far has witnessed net positive inflows into spot bitcoin ETFs from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN). On Monday, there were inflows of $15m, while Tuesday and Wednesday saw inflows of $418m and $243m, respectively.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nThis is a reversal from last week, which witnessed outflows from Monday to Friday. These outflows significantly contributed to bitcoin\'s price (BTC-USD) decline from its all-time high of over $73,000 on Thursday, 14 March, to a low of around $61,000 in the middle of last week.\nThe downward pressure throughout last week was largely a result of increased selling of the Grayscale Bitcoin Trust ETF (GBTC). Every day last week saw significant spot bitcoin ETF outflows, with Tuesday, 19 March, recording the largest outflows at £326m.\nRead more:Crypto live prices\nAnalysts think that the large-scale selling off of GBTC could be approaching exhaustion. If that is the case, and the sell-offs stop. This combined with the upcoming bitcoin halving event anticipated in April, could see prices start going up again.\nAccording toblockchain analysis firm Arkham Intelligence, the GrayscaleBitcoinTrust (GBTC), whichholds more than 347,000 bitcoinat a value of roughly $24.6bn, is selling at a pace that will see it "run out for good" in just 14 weeks.\nThe influx of capital from the traditional finance sphere into spot bitcoin ETFs is acting as a major price catalyst for the digital asset, but it is not the only one. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe bitcoin halving is an event that happens about every four years and is expect to happen again this April. The halving will reduce the bitcoin reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nAccording to Maconomics CEO Ross Mac, bitcoin is a necessary asset in investors\' portfolios despite its volatility. Speaking toYahoo Finance Live, Mac emphasised that bitcoin should "absolutely" be part of an investor\'s portfolio, describing it as "a more diversified approach" than traditional asset classes.\nHe noted that with bitcoin gaining exposure to institutional investors it may become "a lot less volatile moving forward." Mac calls Bitcoin one of the "greatest technological advancements" of our time, alongside artificial intelligence and the internet.\nRead more:Crypto live prices\nHe added that since its inception, bitcoinhas fallen 50% a total of eight times,yet each time has recovered and reached new highs. However, he stresses that "it\'s a long-term hold," and investors venturing into crypto should be comfortable with volatility, although he suggests that the new ETFs should create more stability.\nThe global cryptocurrency market today stands at $2.79tn, an increase of 1.5% in the past 24 hours. Bitcoin makes up 48.9% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.4%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, up only 0.4% compared to bitcoin\'s 5% increase. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAccording to analysts from Bloomberg, the chances of a spot ether ETF being approved by the SEC in May have decreased. The Bloomberg ETF analysts cited US financial regulators\' seeming lack of engagement with potential issuers over the products.\n“We now believe these will ultimately be denied on May 23rd for this round,” Bloomberg Intelligence ETF analyst James Seyffart wrote in aposton X on Tuesday. Seyffart and his colleague Eric Balchunas hadpreviouslygiven 35% odds for approval in May.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards compared to bitcoin\'s recent rally, falling by over 1% in the past week.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'The price of bitcoin has held above $70,000 (£55,591) in early trading on Thursday, as money flowed into spot bitcoin exchange-traded funds (ETFs).\nEvery day this week so far has witnessed net positive inflows into spot bitcoin ETFs from fund managers such as BlackRock (BLK) and Franklin Templeton (BEN). On Monday, there were inflows of $15m, while Tuesday and Wednesday saw inflows of $418m and $243m, respectively.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nThis is a reversal from last week, which witnessed outflows from Monday to Friday. These outflows significantly contributed to bitcoin\'s price (BTC-USD) decline from its all-time high of over $73,000 on Thursday, 14 March, to a low of around $61,000 in the middle of last week.\nThe downward pressure throughout last week was l Last 60 Days of Bitcoin's Closing Prices: [42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-28 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,388,086,971,206 - Hash Rate: 630675249.3060845 - Transaction Count: 428670.0 - Unique Addresses: 696012.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lenny36', 'Kiyosaki has brought more people to silver than any of the bitcoin haters among the precious metals community', 49, '2024-03-28 00:28', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', 'On X Kiyosaki said the following\n\n" I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.\n\nIf the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year. \n\nI expect Bitcoin to be $100 k by September 2024. \n\nIf you are not into Bitcoin I suggest buying silver coins, preferably US silver eagles. My friend Andy Schectman states the once abundant supply of silver is nearly gone. He has a standing order for $1 million in “junk” silver (pre-64 US silver coins) and can it find pre 1964 silver coins to fill the order. "\n\nI reposted the links to a few people and O got replies like "kiyosaki is reaponsible for the bitcon" and "kiyosaki spews verbal diareah". \n\nFar out guys, in my view Kiyosaki is the most genuine person in the movement, he is an old guy and believes in helping people. Plus he is the number one seller of a financial book of all time.. if your reason for not liking him is because he promotes bitcoin then you are not just jealous you have extreme envy. Still some of you dont get it. Deep down im sure you feel it that bitcoin is 100% here to stay.\n\nMy favourite investment has always been silver. I even sold my cryptos including my theta for a silver miner before the recently bitcoin price doubling. Im the one who should be jealous but im happy for the bitcoiners. Ive been on reddit wallstreet silver and now silverdegen club for a few years and Ive said the same message over again, be smart like kiyosaki and bix weir and hold both silver and bitcoin. Dont be the dumb ignorant peter schiff type person who so retardedy opens his own mouth every day to embarass himself.\n\nFollow me on X (end_share) and also follow @wverily we are both working hard to promote our favourite australian silver developer Maronan Metals. I\'ve switched from the last three years where ive only promoted physical silver and I even labelled people who promoted silver miners as grifters but now Ive realised that its not retail buying the most silver, its industrial silver use which is crushing it. So now im 100% focused on what I think is one of the worlds best value silver developer. Hope its the fourth turning and not the great taking! \n\n', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', '1bpgidw', [['u/SnooApples2350', 13, '2024-03-28 00:33', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/kwvlr8l/', 'I read his book and D.T. book "why we want you to be rich." Good books. Still broke. ™️', '1bpgidw']]], ['u/Kindly-Survey4107', "People who don't take Shib seriously are like the guy who sold 10,000 BTC for pizzas!", 123, '2024-03-28 00:46', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', 'That was 3.8 Billions for Pizzas.\n\n[https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395](https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395)', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', '1bpgyo2', [['u/nedryerson77', 19, '2024-03-28 00:58', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvptjb/', 'Literally why I hold. I admit, I know nothing about crypto and investment, but I refuse to sell and lose out on a great possibility.', '1bpgyo2'], ['u/LongjumpingLow6695', 25, '2024-03-28 01:25', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvu87v/', 'We all know the pizza guy story but what happened to the delivery driver ? Whwre did he spend the btc', '1bpgyo2'], ['u/DEADHOTTUB', 10, '2024-03-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvwvnj/', 'I think the pizza guy still had some Bitcoin', '1bpgyo2'], ['u/Royal-Atmosphere-365', 16, '2024-03-28 02:37', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww5iic/', "Right I'd rather hear that story. Cause I'd think that pizza guy spent that \\`10,000 BTC . on Chinese takeout.", '1bpgyo2'], ['u/olezipcoon', 34, '2024-03-28 02:50', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww7khh/', 'The pizza guy did everyone a service. He used Bitcoin to pay for a product and was the first to do so. \n\nSomeone had to do it. He is the Chosen One.\n\nHe should never be shit on.', '1bpgyo2'], ['u/corporatehooligan', 10, '2024-03-28 06:56', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwx19vr/', 'He didn’t get BTC as a tip. The dude sent someone BTC in exchange for the pizzas. The dude who received the BTC ordered him the pizza with a credit card.', '1bpgyo2']]], ['u/Acceptable-Ad-837', 'Any answers to what happened?', 63, '2024-03-28 01:03', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', 'Do I need to change all my passwords? Do I need to cancel my credit cards? Lightning strike corporate? Was it a cyber attack or did Paul in IT try to be slick and turn the Panera servers into his own bitcoin mining operation?\n\nI hope that this is in some real capacity, acknowledged (if it hasn’t already) if not for us customers sake, my god at least tell the employees what the heck happened so they can be assured that it’s not going to happen again. It seems so… weird. I won’t say shady but something in that direction at least.', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', '1bphcng', [['u/charizard_72', 42, '2024-03-28 01:07', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrbui/', 'They’ll never admit if they’re hacked bc it makes them look bad and could lose customers who don’t feel it’s secure\n\nBut I suspect it’s something along those lines', '1bphcng'], ['u/Acceptable-Ad-837', 29, '2024-03-28 01:10', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrqy5/', 'I think there’s a certain element of them having to tell people if they were hacked, should information actually been compromised? Obviously any big corporation having to do something vs actually doing it is, well… you know…', '1bphcng'], ['u/Apathicary', 10, '2024-03-28 01:11', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvry10/', 'Jared got fired and he’s not taking it well.', '1bphcng'], ['u/Loan-Pickle', 67, '2024-03-28 01:15', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvslw5/', 'Yes I wish they would say.\n\nI’ve been in IT for 20 years and it takes something pretty catastrophic to lead to a 4 day outage. I can only speculate, but seeing as how they are saying nothing my money is on cyberattack and they don’t want people to know. I would recommend keeping an eye on your card you have on file just in case.', '1bphcng'], ['u/Apathicary', 11, '2024-03-28 01:18', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvt09a/', 'No but if subway needs a tech guy, our old one looking for a job.', '1bphcng'], ['u/Acceptable-Ad-837', 32, '2024-03-28 01:22', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvtmww/', 'The fact that it wasn’t the app, or the user profiles, or the point of sale systems individually… it was the fact that all of those, more, and the employees freaking schedules and logins being down all at the same time that truly makes it a catastrophic event and almost assuredly a cyber attack. Those systems should not all be affected by any singular IT mishap.', '1bphcng'], ['u/Alternative-Cost8481', 12, '2024-03-28 01:38', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvwc1e/', 'I just got a random $2.16 charge on my card on file on Panera and it popped up on my Apple Pay which is weird because you only get notifications if your card is used from that. I’m trying to contact Panera care now because this is not happening before the four day outage.', '1bphcng'], ['u/catonsteroids', 18, '2024-03-28 02:12', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kww1pot/', 'Could be the sips club monthly charge if you have it. I looked at my account and I’m supposed to be charged $2.17 next month.', '1bphcng']]], ['u/SimplyShred', 'It surely feels most retail here are overly optimistic and late buyers this cycle ', 23, '2024-03-28 01:28', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', 'This sub seems overly optimistic at the wrong time. “Be fearful when everyone is greedy.”\n\nFor context I was buying MSTR as low as $160-250 and have began to DCA out. I am a bitcoin bull but I am objective and now cautious. I have seen many cycles since 2013 and I know that when late stage retail enters with price predictions, memes, screen shots it’s time to DCA out. Before anyone comes to flame me, how many honestly were buying bitcoin at 16-22k and MSTR at $160-250 and throughout. \n\nI began positioning myself for the summer correction that is likely to come post halving. For starters we haven’t even tested the 200W moving average in the low 40ks and the longer we go the faster we fall. On the contrary the market can stay irrational for a short time longer; BTC dominance can rise to 55-60% and get to to low 80k’s. \n\nWhen does bitcoin top out ? Who knows but certainly this is becoming a short term bull trap. My thesis that bitcoin will reach 100k is not this year but later next year (2025,2026) when after 12-18 months of QE. Liquidity drives markets and data shows that retail isn’t fully back. We are still in a QT bull run, and although it has been impressive it’s now time to be cautious. The macro looks bad and when the fed has to lower interest rates it’s a bearish signal to front run a broken economy. \n\nSometimes inaction is action. For those new here be careful. Long term I am a bitcoin bull, but it’s important to be pragmatic and prepared for both scenarios. Right now my senses are tingling. \n\nTLDR; I have began to DCA out and will do so up to 85k BTC. My thesis is we have a bull trap with a major summer correction that forces this retail trap to sell to the whales. Retail FOMO gets burned once again by those who capitulated when retail was too scared to ', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', '1bphxfb', [['u/Stock_Ad5390', 14, '2024-03-28 01:32', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvv9c1/', 'do you boo boo', '1bphxfb'], ['u/Conscious_Barnacle55', 12, '2024-03-28 01:40', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvwkca/', 'As long as there are people like you saying this we haven’t reached the top. Let me know when you change your mind and I’ll sell!', '1bphxfb'], ['u/Trader0721', 12, '2024-03-28 01:49', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwvxzmt/', 'Trade your book…you might be right…you might be wrong…spreading fud to make yourself feel better of missing out on some the run-up stinks of sour grapes…it’s okay to take profit…I have as well…I’ve probably missed out on 100k of gains…I’m perfectly fine with folks being more right than me than trying to spark a sell off so I can buy back in…you do you though', '1bphxfb'], ['u/Brilliant-Job-47', 10, '2024-03-28 04:14', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/kwwjnck/', 'You sound more like someone trying to convince others to sell because you have puts. If you had a big profit you would want more profit dingbat', '1bphxfb']]], ['u/aidan2897', 'Is Microstrategy the only company that will be able to acquire 1% of all the Bitcoin? What’s stopping Amazon?', 124, '2024-03-28 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/', 'Bitcoiners act like no other company could do what microstrategy did and acquire 1% of the bitcoin supply without the price running away to the upside, as if blackrock didn’t just do that exact thing over the past three months and the price only went up like $30k 🥱', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/', '1bphyxo', [['u/soks86', 185, '2024-03-28 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvxxeu/', "Blackrock isn't buying BTC. Their clients buy BTC.\n\nMicrostrategy is actually owning BTC.\n\nAmazon could, that would be nice for BTC, haha.", '1bphyxo'], ['u/aidan2897', 17, '2024-03-28 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvyod1/', 'Agreed!', '1bphyxo'], ['u/ResponsibilitySea327', 38, '2024-03-28 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwvzcf7/', 'In terms of a large sum like 1%, the main thing stopping them is their investors.\n\nInvestors are buying into Amazon\'s business models (eCommerce, hosting, streaming, etc) and not buying into "the next big thing". \n\nHaving a small portion on their portfolio wouldn\'t be an issue (and awesome for BTC), but anything material would change the function of the company.\n\nMSTR as a company is riding the success of BTC as their core business model. Should their software business fail, disappear or be minimized, they will be fine as long as BTC continues to rise.', '1bphyxo'], ['u/Social_Errorist77', 12, '2024-03-28 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww32vk/', "Amazon rumours announcing that they would accept bitcoin payments that turned out to be fake not a week later literally kickstarted the secondhalf of a synthetic bullrun.\n\nNo company will catch up to MSTR because if one of the top 10 companies in the world announced their intention to buy bitcoin (which they are obligated to do so) Game theory would be well and truly in play.\n\nSeriously if apple released a pressie stating they wanted to buy bitcoin. Is there any doubt that bitcoin had won? What do you think happens? People haven't invested in bitcoin, because they don't think it has value. What happens when the creme de la creme state that it does?", '1bphyxo'], ['u/Quirky-Echidna9557', 13, '2024-03-28 02:26', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww3w8v/', 'They will be the only company to hold at least 1%. \n\nI am excluding the ETFs because those investment firms are not actually investing in Bitcoin. They hold the coins on behalf of investors and collect fees. \n\nA bid by another firm to acquire 1% of the supply at this stage, even if the firm like Amazon or Berkshire initially had the cash, would send the price to a level that would prevent them from being able to acquire 1%. There simply isn’t enough supply and it’s an inelastic supply.', '1bphyxo'], ['u/XXsforEyes', 18, '2024-03-28 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4o07/', 'I’ll keep posting this: The Financial Accounting Standards Board has changed the rules for holding BTC on corporate balance sheets to “Fair Value”. Previously, financial records could only report losses from holding BTC, with gains they could only report what they paid for their bitcoin not their unrealized gains. Now… they can. This is big!', '1bphyxo'], ['u/Glad-Historian-5515', 61, '2024-03-28 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4ryy/', 'Technically, Blackrock is buying BTC, and its clients are buying paper Bitcoin.', '1bphyxo'], ['u/superTwist', 64, '2024-03-28 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww4wd3/', 'Perhaps GME will throw their $1B into BTC', '1bphyxo'], ['u/surfh2o', 13, '2024-03-28 02:41', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww6581/', 'I actually don’t want all the big guys to buy it up. This one’s for the people.', '1bphyxo'], ['u/satoshisfeverdream', 20, '2024-03-28 03:01', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kww96ly/', 'That might be the only thing to make them viable long term…the ultimate zombie corporation.', '1bphyxo'], ['u/applewait', 11, '2024-03-28 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwfv5d/', 'You’d think it would be that easy, but I don’t think so. \n\nMicrostrategy has one major shareholder and he has significant influence on the direction of the board and company. The other shareholders know what they are getting into. \n\nAmazon has significant breadth of shareholders who would be more than happy to sue Amazon for some fiduciary failure or breach of trust for buying BTC making it not worth it… bezos and others are better off investing personally.', '1bphyxo'], ['u/LucidiK', 47, '2024-03-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwhk3r/', "And Technically, you don't own your house either. You rely on the same legal system to protect your home that blackrock customers protect their bitcoin with. Your paper deed is valuable, just like their paper bitcoin is.", '1bphyxo'], ['u/celticthaiger', 15, '2024-03-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwhlgq/', 'Hi Ken 👋', '1bphyxo'], ['u/seraph321', 10, '2024-03-28 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwitd2/', 'And Saylor has been clear about how their software business is basically doomed to slowly die. investing their cash into growing the business didn’t make sense, so they are essentially reinventing themselves as a bitcoin proxy.\xa0', '1bphyxo'], ['u/LucidiK', 21, '2024-03-28 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bphyxo/is_microstrategy_the_only_company_that_will_be/kwwm6j8/', 'Can you redeem oil ETFs for barrels of oil? I thought ETFs facilitated market function, and physical settlement happened outside of stock markets.', '1bphyxo']]], ['u/Express-End-1575', 'Scared to miss the top', 40, '2024-03-28 01:57', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/', 'For those scared to lock your cro up for the 20% because you’re worried you might miss the top I challenge you to go read the btc charts . The top has been NO LESS than 526 days POST HALVING ! Go look yourself ! ', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/', '1bpik9w', [['u/Busy-Ad-9059', 25, '2024-03-28 02:24', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kww3gdl/', 'Idc if I miss the top the way crypto.com is heading ill have it as a long term bag. Bnb had there issues and now kucoin just imagine they both of them come across more issues and they are forced to shutdown. The top main exchanges in the USA would be coinbase and crypto.com. from what is seems the way crypto.com is moving they will be a top exchange for sure', '1bpik9w'], ['u/michaelinimoto', 14, '2024-03-28 02:49', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kww7d9w/', 'this x100000. Also Cdc is #10 on reddit but on #35 on cmc... lots of room to grow up aka its undervalued.', '1bpik9w'], ['u/robsterlobster69', 11, '2024-03-28 06:34', 'https://www.reddit.com/r/cro/comments/1bpik9w/scared_to_miss_the_top/kwwzbv1/', 'Supply can’t be increased. Max supply is around 30 billion', '1bpik9w']]], ['u/ReedoIncognito', 'Nobody ever went broke taking profits', 241, '2024-03-28 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/', 'Bullshit. Bitcoin\'s history is littered with the bodies of former users/holders that sold too early, used BTC for short-term gains, or other regrettable ends. I keep hearing more and more from "influencers" about the dangers of "holding the bag" when the music stops and the importance of taking profits. FTS. If you think I\'m letting go of my bag for the sake of trying to avoid "round-tripping" a cycle, you are sorely mistaken. I\'ll round-trip these cycles til death if needed against the chance of being left behind. It\'s patience vs a lifetime of regret, and the choice of those 2 risks is a no-brainer. ', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/', '1bpl7jq', [['u/Dettol-tasting-menu', 235, '2024-03-28 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwii2f/', 'Not broke, but dead inside.', '1bpl7jq'], ['u/ucantbm', 10, '2024-03-28 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwl07o/', 'The holder never losses.', '1bpl7jq'], ['u/alvoliooo', 88, '2024-03-28 04:30', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwlno0/', 'What good is it if you never sell? Genuine question.\n\nI understand the consensus is at some point we’ll be able to use BTC as collateral and borrow against it.', '1bpl7jq'], ['u/FumandoLaMotta', 23, '2024-03-28 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwmiw8/', 'I think there is a balance to have.\n\nIm 100% with you OP, never selling my bag. But I am not against taking profit out of 20% of it, to DCA back in during the market downtrend post pump', '1bpl7jq'], ['u/ReedoIncognito', 10, '2024-03-28 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwnf6x/', "If you can pull it off, I'll be cheering for ya 🤘", '1bpl7jq'], ['u/uclatommy', 12, '2024-03-28 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwnwsn/', "I've only ever gotten richer from BTC by never taking profits so far.", '1bpl7jq'], ['u/ReedoIncognito', 10, '2024-03-28 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwo16h/', "Holding ain't easy", '1bpl7jq'], ['u/luisg101010', 20, '2024-03-28 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwog5n/', 'I see what you did there 🤣, poor guy….', '1bpl7jq'], ['u/XXsforEyes', 16, '2024-03-28 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwojiq/', 'Talked to my tech guy at work yesterday. He had 1,000 BTC, piddled them away paying people in France to do some code work for him that he was too lazy to do himself. “Haunts me everyday” he says.', '1bpl7jq'], ['u/condor1985', 128, '2024-03-28 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwr8ds/', "This sub has started sounding quasi-religious with posts like this. There's nothing wrong with selling as much as you want. \n\nI don't know why people are so obsessed with what other people do with their crypto. They can hold forever, good for them, what's it to me? Why do they care if someone else doesn't?", '1bpl7jq'], ['u/Zombie4141', 46, '2024-03-28 05:33', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwt49v/', 'So…. You have $47 million in bitcoin and live in a tiny 2 bedroom apartment with your wife and 3 kids. Your salary doesn’t cover birthday or Christmas presents. HODL forever is the answer?', '1bpl7jq'], ['u/Flat4Power4Life', 15, '2024-03-28 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwu39o/', 'RSI’s and cycle lengths make taking profits pretty easy. Nov-Dec every 4 years since BTC’s inception has seen its peaks, selling a bit during those times is a no brainer. I have more BTC because of selling because I was able to buy more with the profits during downturns.', '1bpl7jq'], ['u/Frontbovie', 11, '2024-03-28 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwvxcc/', '"They\'ll repost that article forever, Laura"', '1bpl7jq'], ['u/alvoliooo', 16, '2024-03-28 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwxnfr/', 'Yes but why? What’s the point of buy, borrow, die, as you say? What improvements is it making to your life? \n\nHelp me understand your perspective on this.', '1bpl7jq'], ['u/RemarkableSpace444', 16, '2024-03-28 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwwxz18/', 'lol this is ridiculous', '1bpl7jq'], ['u/FumandoLaMotta', 12, '2024-03-28 06:52', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx0xna/', 'Depends where you live? \n\nNot everyone has an overreaching government', '1bpl7jq'], ['u/ABahRunt', 27, '2024-03-28 06:54', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx15o4/', "Yeah. It's fine to sample the koolaid, but this is straight up injecting it into the veins. \n\nThe only point of any investing, is to make your quality of life better. If your investment is forcing you to borrow and live on beans, you are a bad investor, full stop. \n\nI have my fun money in BTC. Even if it ever goes to zero, my quality of life doesn't change. If it doubles, imma sell a bit and treat myself to a 5 star vacation.", '1bpl7jq'], ['u/alvoliooo', 15, '2024-03-28 06:56', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwx1bpo/', 'Yeah mate this is my perspective too. If BTC happens to 5-10x from here this bull run, you best believe I’m cashing out and drastically improving my quality of life. No brainer.', '1bpl7jq'], ['u/Sinandomeng', 27, '2024-03-28 08:58', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxba40/', 'After the last bullrun I realized this is a lose-lose situation emotionally.\n\n\nYou buy, price goes down, you sell. Lose money. You’re sad\n\n\nYou buy, price goes up, you sell. Make money. But price goes up again. You’re sad.', '1bpl7jq'], ['u/CryptoDeepDive', 50, '2024-03-28 10:28', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxiafo/', '>This sub has started sounding quasi-religious with posts like this.\n\nYou must be new here...', '1bpl7jq'], ['u/Nice_Category', 26, '2024-03-28 10:54', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxkgn8/', "I don't even feel emotions anymore.", '1bpl7jq'], ['u/AlanArtemisa', 24, '2024-03-28 11:30', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxnpdu/', 'Every fucking time the price goes up...', '1bpl7jq'], ['u/TopCody', 21, '2024-03-28 11:45', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwxp5js/', 'If you have $47 million in bitcoin you are allowed to take profits, but not before', '1bpl7jq'], ['u/fireballx777', 14, '2024-03-28 13:27', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kwy0n4m/', '$46.5 million? Absolutely not, fuck right off.', '1bpl7jq'], ['u/bobbyheaters', 12, '2024-03-28 21:36', 'https://www.reddit.com/r/Bitcoin/comments/1bpl7jq/nobody_ever_went_broke_taking_profits/kx0dcwj/', 'It has the opposite effect if you never plan on selling and just continue to DCA. Price goes up, great. Price goes down, also great.', '1bpl7jq']]], ['u/CleanHippy_07', 'Is "x amount" of BTC actually worth it? To answer this, think about the future block rewards.', 56, '2024-03-28 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/', 'Even I have asked myself from time to time - "I only have X BTC, is it worth it?". We all especially can get caught up in this nonsense by thinking about not owning a "full" coin. But too often than not, we forget there will come a time where the reward for successfully mining a new block will also be less than a full coin.\n\nThink about it. The current reward for mining a block is 6.25 BTC, soon to be 3.125 BTC. This number will again decrease to 1.5625 BTC in 2028, then again to 0.78125 BTC in 2032, so on and so forth this pattern continues. This simple fact cannot be overstated - the reward for mining a block in BTC will soon be less than a whole coin. There will come a time in our future when the thought of owning 0.1 BTC or even 0.01 BTC will be unheard of, let alone someone owning a whole coin.\n\nI see the question like "I only have 0.2 BTC, is it worth it?". No one can answer this question for you, but think about what I just stated above. The current timeline says that at some point in 2042 the reward for mining a block will be something like 0.1953125 BTC. So if you are holding 0.2 BTC today and you decided to stop stacking here and now, in 20 years that 0.2 BTC will be *more* than the reward for mining a block. But I imagine many of us are not going to stop stacking. Which means we will keep accumulating, and the point at which our stack is greater than the current block reward will come even sooner.\n\nPeople who will buy their first satoshi in 20 years (assuming it\'s the first time they have heard of BTC) will not be able to comprehend those of us who were able to stack even 0.01 BTC. So I imagine there will be future questions on this sub like "Is 0.001 even worth it in 2040?". In my opinion, the answer will always be yes. It\'s a cycle.\n\nTo say we are early is an understatement.', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/', '1bpl8gz', [['u/civilian411', 22, '2024-03-28 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/kwwkdts/', 'This is the thought porn I was looking for.', '1bpl8gz'], ['u/RecoveringHethan', 10, '2024-03-28 05:34', 'https://www.reddit.com/r/Bitcoin/comments/1bpl8gz/is_x_amount_of_btc_actually_worth_it_to_answer/kwwt8i8/', 'I have a fair understanding of BTC and the blockchain. Once I garnered enough knowledge, something deep in me, intuitively feels this time we are in is unique and a one time opportunity to potentially have generational wealth. We have all had strong intuitions, but this feels even stronger for me. Anytime I didn’t follow my gut feeling, I had strong regrets. Not this time. Luckily my average price is around 35k USD.', '1bpl8gz']]], ['u/arumi_kai', 'UPDATE: Kilby has forcibly removed EVERY SINGLE ML.', 376, '2024-03-28 04:16', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/', 'Kilby has removed ALL MLs, even those who have said they were staying. No more ML forum access, no more site access, no more discord links -- everything has been revoked.\n\nThe new ML agreement leaked and it\'s even worse than the first one. AFAIK, only MLs who agree to sign it will be given back their site access.\n\nMake no mistake - this is a clear intimidation tactic. "Fall in line, or else." It\'s also meant to keep MLs from organizing/communicating via the ML forum.\n\nI\'ll be shocked if even 10% of the MLs subject themselves to this nightmare. To everyone affected - I\'m so, so sorry, You deserved to be treated so much better. This organization has failed you at every single juncture.\n\n(For the curious, here\'s the new leaked ML agreement: [https://drive.google.com/file/d/1NQ6hMEpFfhrBTCcxV\\_8tgRChBX8Zxsco/view](https://drive.google.com/file/d/1NQ6hMEpFfhrBTCcxV_8tgRChBX8Zxsco/view) )', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/', '1bplgfe', [['u/rhymeswithpi', 85, '2024-03-28 04:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwkpsv/', 'It\'s a classic manipulation tactic. Isolate those new users coming into regional spaces, ensure there\'s no links to off-site communication channels, and feed them the narrative HQ wants them to believe. You know, the one that says all the chaos and fire has been because of a few malcontents and "purity culture" moms, and HQ is totally faultless and definitely did their due diligence up to this point, instead of allowing child predators to run rampant on their watch.\n\nCredit where it\'s due, Kilby is excellent at running a dictatorship.', '1bplgfe'], ['u/quiet_frequency', 51, '2024-03-28 04:25', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwl1j3/', "> Credit where it's due, Kilby is excellent at running a dictatorship.\n\nYou'll put the whimsy back into Nano or you'll get the ban(s) again!", '1bplgfe'], ['u/rhymeswithpi', 43, '2024-03-28 04:27', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwldlt/', 'The bans will continue until morale improves!', '1bplgfe'], ['u/Nerva365', 95, '2024-03-28 04:30', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwlqla/', "Was legit about to share the agreement because they somehow sent it to me despite my resigning.... I knew I got booted from the forums, but I didn't realise everyone had. I did notice that they gave this with a signing window until April 1st, so only a few days right before a major holiday so that no one could review it with a lawyer. 10/10 to Nano!", '1bplgfe'], ['u/TheUnluckyBard', 39, '2024-03-28 04:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwlzuq/', '> You\'ll put the whimsy back into Nano or you\'ll get the ban(s) again!\n\nDon\'t forget that "I agree to have fun" was literally in the draft ML contract.', '1bplgfe'], ['u/JokeMe-Daddy', 45, '2024-03-28 04:33', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwm2xz/', "I don't really understand what the ramifications is of not abiding by this contract aside from losing your ML status. \n\nKilby is acting like transparency will lead to the end of days.", '1bplgfe'], ['u/arumi_kai', 47, '2024-03-28 04:35', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwmclz/', "Not only did they double-down on the confidentiality clause (you can't even share info with other MLs without our permission!) they... ADDED to it.\n\nA lack of transparency and accountability is one of the things that led us to this mess. And now they're just... trying to make it worse.\n\nInstead of remediation/community repair, they're trying to make it HARDER for anyone to report their wrongdoings ever again.", '1bplgfe'], ['u/rhymeswithpi', 36, '2024-03-28 04:41', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwn1c8/', "But it's okay, because they clarified outside the contract that you're totally allowed to talk to MLs.\n\nWhy can't the contract just state that? Oh, right, because Kilby has no idea what she's doing. I briefly thought I was in a world that made sense.", '1bplgfe'], ['u/enjoyourapocalypse', 46, '2024-03-28 04:42', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwn8gj/', 'I dont know who this Kilby person is, but i do not like them nor their organization anymore, no i do not like them sam i am', '1bplgfe'], ['u/sushimustwrite', 45, '2024-03-28 04:51', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwo9yh/', "The email sent with this agreement is even worse. Kilby effectively said she won't be taking more questions until after training because she already answered everything. Lol, lmao even.\n\nHeaven help any new MLs this year... if there are any.", '1bplgfe'], ['u/just_a_random_nerd7', 64, '2024-03-28 04:55', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwosrd/', 'How did you get this? I am an ML and I have not gotten a single email during this entire mess, I learned about it from the forums and here on Reddit. It’s so frustrating to learn about something I’m expected to sign without it even getting sent to me.', '1bplgfe'], ['u/arumi_kai', 59, '2024-03-28 05:12', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwqr22/', 'Because of the issues with NaNoWriMo (and them constantly trying to hide information), basically everything they do now is leaked on backchannels. \n\nWe even have leaked DMs of active staff calling the people raising concerns about child endangerment on their forums "purity culture enthusiasts"', '1bplgfe'], ['u/WileyStyleKyle', 29, '2024-03-28 05:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwrymq/', "The last holdouts in one of my neighboring regions have stepped down as of this week. With that, I don't know of any active MLs for literally HUNDREDS of miles away.\n\nI never thought things would get this bad, but... here we are.", '1bplgfe'], ['u/arumi_kai', 36, '2024-03-28 05:36', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwteqs/', "Yeah, I'm sure dropping a shady contract with only 2 business days to review it \\*or else\\* is just a misunderstanding.", '1bplgfe'], ['u/RavenCorbie', 40, '2024-03-28 05:36', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtgh7/', 'I never got any of the emails either. I was lucky to have been in a discord server where information was shared. This is just one more problem with the whole situation. :(', '1bplgfe'], ['u/rhymeswithpi', 26, '2024-03-28 05:37', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtjpy/', 'You\'re right! It could also be staggering incompetence! But honestly, we\'ve long since passed the point where HQ\'s actions (and yours, I might add) can be written off as honest mistakes and waved away with "I\'m sorry, I didn\'t know what I was doing".', '1bplgfe'], ['u/Nerva365', 31, '2024-03-28 05:38', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwtn1u/', 'One business day in countries where either Friday or Monday is a holiday', '1bplgfe'], ['u/Shmeestar', 30, '2024-03-28 05:42', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwu4p4/', "0 business days in Aus where both are business days and it's 3:40pm on Thursday afternoon.", '1bplgfe'], ['u/unconfirmedpanda', 35, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwuhtp/', 'How the hell did Kilby end up in charge? This is a train wreck', '1bplgfe'], ['u/arumi_kai', 46, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwuhuo/', "I'll be really shocked if anyone decides to return after this, tbh. It's just been failure after failure. MLs have already cultivated communities, at this point it's better to operate outside the NaNo umbrella.", '1bplgfe'], ['u/Usoki', 47, '2024-03-28 05:46', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwujbd/', "I'm not completely convinced that it's an intimidation tactic. Mostly because it implies that Kilby has any sort of plan, rather than the more likely scenario where she's making knee-jerk decisions and doubling down on them in case someone thinks she is weak.\n\nGiven how selfish Kilby is, I think she's just doing what is most convenient to her. And it will be easier for her to remove literally everyone, and then slowly add on each individual ML when they sign the contract and clear the background check. It also means that most/all of the regions will have zero MLs at a time when Camp Nano is ~4 days away, but she doesn't care about that. She has no idea how the community works. \n\nThey didn't just remove the MLs, they removed all of the community URLs and Header images. Anyone joining Camp as a new user will have no way to find their offsite local communities. Any ML who didn't make events well in advance will be unable to put anything on the calendar. No one will be able to send regional emails. Hell, she still seems to think that NaNoMessages are viable, so she's clearly never been on the site to see how buggy they are, even if you are buddies with the person you want to message.\n\nIt's impressive just how many bad decisions that she has made in a row.", '1bplgfe'], ['u/quiet_frequency', 50, '2024-03-28 05:52', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwv5pz/', "> at this point it's better to operate outside the NaNo umbrella.\n\nAt this point, standing under the Nano umbrella just means you're going to get pissed on and told it's raining.", '1bplgfe'], ['u/quiet_frequency', 20, '2024-03-28 05:53', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwva04/', "> The email sent with this agreement is even worse. Kilby effectively said she won't be taking more questions until after training because she already answered everything. Lol, lmao even.\n\nBecause new situations can never arise and need further clarification, or anything. 20+ Zendesk answers are clearly all you ever need 🙄", '1bplgfe'], ['u/quiet_frequency', 44, '2024-03-28 05:55', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwvgbt/', "> It also means that most/all of the regions will have zero MLs at a time when Camp Nano is ~4 days away, but she doesn't care about that. She has no idea how the community works.\n\nAnd it's the long Easter weekend, so there's a high chance a lot of people are... you know, busy with their families and stuff over the Easter break, not checking their emails for communications from Nano. It's almost like these sorts of things should've been sorted out months ago by someone with an ounce of competence.\n\nNot that anyone at Nano seems to have any competency in the first place 🙄", '1bplgfe'], ['u/rhymeswithpi', 28, '2024-03-28 05:59', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwvudb/', "Gods forbid the clarifications of a contract are included in, oh, I don't know, the actual contract, right?", '1bplgfe'], ['u/rhymeswithpi', 19, '2024-03-28 06:05', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwg8t/', 'Blindly following orders makes you just as complicit in all of this.\n\nYou could\'ve spoken up, and you didn\'t. If I hadn\'t already lost any respect I may have had for you back when I was a mod, this post would\'ve done it.\n\nAnd now you\'re out here, still shilling for the "HQ is harmless" rhetoric you bought into so heavily.\n\nI almost pity you.', '1bplgfe'], ['u/quiet_frequency', 23, '2024-03-28 06:06', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwkod/', "> Things seemed to be running fine, so I assumed HQ had it handled.\n\nBuddy what fuckin' forums were you on, cause they sure as hell weren't the same ones as the rest of us.", '1bplgfe'], ['u/Banaanisade', 22, '2024-03-28 06:09', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwwvsi/', 'Ah, but you see, "volunteer" is just kilbyspeak for "I own you".', '1bplgfe'], ['u/trayola', 22, '2024-03-28 06:13', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwwxb8k/', 'But then it’ll be too long for people to understand /sarcasm\n\n(Yes this was an actual point made by Kilby in the Zoom q&a)', '1bplgfe'], ['u/Bubbly_Amoeba_4', 90, '2024-03-28 06:51', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx0ud2/', "I really want to downvote this cause it makes me mad but that wouldn't be fair to you so here's a begrudging upvote.", '1bplgfe'], ['u/reporterinabox', 22, '2024-03-28 07:02', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx1ujd/', 'My new region didn’t have an ML and I thought about applying since it’ll be my 13th year and my seventh region in those years…and eeeeesh I think I’ll sit this one out, thanks.', '1bplgfe'], ['u/quiet_frequency', 17, '2024-03-28 07:12', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx2ouo/', 'Calling what has happened with Nano "drama" is reductive and demeaning.', '1bplgfe'], ['u/franklyobsolete', 19, '2024-03-28 07:22', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx3lwb/', 'I was about to say the same thing.', '1bplgfe'], ['u/rhymeswithpi', 11, '2024-03-28 07:31', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4a0y/', 'Illusions of grandeur much?\n\nFor someone who uses so many words, you sure as hell don\'t say much, do you?\n\nYou\'ve actively harmed the community through your repeated (and self-admitted) inaction. You took part in HQ\'s "deprive the conversation of oxygen" tactics. You did not speak out in any public way about the way HQ was handling things, and you did not bother to take any steps to prevent future harm. You didn\'t stand up for the community you claim to be a part of at any point during any of this.\n\nPity\'s too good for you.', '1bplgfe'], ['u/Worddroppings', 33, '2024-03-28 07:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4dx8/', "I don't really understand the point of a lot of the agreement because I don't know what's different.... But damn, I kept scrolling through this Google doc thinking damn, they realize volunteers probably have day jobs, right?\n\nI feel like many people faced with this agreement might just find themselves walking.", '1bplgfe'], ['u/quiet_frequency', 13, '2024-03-28 07:32', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4fkc/', "He doesn't even GO here!", '1bplgfe'], ['u/MyronBlayze', 20, '2024-03-28 07:33', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4gzt/', "Ah, that makes me feel better that it wasn't just me missing that first email that may have removed me! I went to do something a couple hours ago and my wrimos noticed I was missing.", '1bplgfe'], ['u/MyronBlayze', 18, '2024-03-28 07:34', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx4ja7/', "I should clarify - I was still on the fence about MLing this year with everything going on. Now I'm glad to know what in the world caused me to be removed.", '1bplgfe'], ['u/Shiiang', 12, '2024-03-28 07:39', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx507c/', "Why didn't you speak your mind? Why did you allow them to silence you?", '1bplgfe'], ['u/Devendrau', 20, '2024-03-28 07:58', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx6l7z/', "She doesn't care about anything outside of America, otherwise she would have listened to people from rural areas (Like some Aussie or Asian states) saying there was so little NaNo going on (And that's not even including the fact a lot of real life Nano groups can turn quite toxic) which is why the forums's important.", '1bplgfe'], ['u/ias_87', 47, '2024-03-28 08:01', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx6rlv/', 'Will someone please tell this person that "translation software" is not a reliable way of ensuring that you understand a text written in a different language? I have seen google translations leave out the word "not" several times, completely changing the meaning of the sentence.', '1bplgfe'], ['u/Pulsecode9', 24, '2024-03-28 08:07', 'https://www.reddit.com/r/nanowrimo/comments/1bplgfe/update_kilby_has_forcibly_removed_every_single_ml/kwx7aak/', 'I’ll be honest I had no idea any of this was even a thing. Nano for me has been a few friends cheering each other on and trying to write a thing, I’ve never even heard of municipal liaison befo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On Thursday, a federal judge sentenced formerFTX CEO Sam Bankman-Fried to 25 years in prisonafter he was found guilty on seven charges of wire fraud and money-laundering.\nThe scam he pulled was fairly simple: He and his partners created an exchange, FTX, that took customer deposits to invest in and trade cryptocurrencies. Some of those deposits were secretly funneled to his other company, hedge fund Alameda Research, which he\'d originally created to arbitrage differences among crypto prices in various countries. According to the government\'s case, which it won, Alameda used that money forvarious things it shouldn\'t have,like investing in other crypto startups, buying some very nice real estate, supporting political campaigns and — most important for purposes of the scam — propping up FTX\'s proprietary crypto token, FTT.\nA few document leaks andsome clever work by journalists at Coindesk, combined with a well-timed tweet by Changpeng "CZ" Zhao, who ran rival crypto exchange Binance, caused a run on FTX. The scheme unraveled in a matter of days, wiping out billions in customer money (although, apparently,they may get a fair portion of that money back). CZ himself is no longer running Binance, havingpleaded guiltyto money-laundering violations related to insufficient controls.\nThe sentencing brings to an end the most recent era of crypto, which was characterized by greater-fool get-rich-quick schemes on the way up — investors were lured in with promises of impossibly high returns on everything from digitally watermarked images to simple interest payments on the token of the week — andfraud investigations and indictmentson the way down.\nSam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture\nCrypto optimists like Andreessen-Horowitz\'s Chris Dixon suggest thatwe\'re now entering a more sober phase of crypto, where software developers will finally build useful applications on one of the many blockchains that have emerged since the original blockchain — the one underlying bitcoin —was first proposedby the pseudonymous Satoshi Nakamoto and distributed on Halloween 2008.\nThe problem with this point of view is that developers have been building a wide variety of applications on top of Ethereum and Solana and other Layer-1 blockchains for years now, and the only economically viable purpose any of them have served is speculation. Yes, it\'s possible to create a digitally authenticated piece of art, but the value of that art isn\'t in the aesthetic pleasure it brings, but rather in the possibility that somebody else will buy it for more money later.\nNearly everything else that\'s being built on or enabled by blockchains replaces something that\'s already being done fairly well. Self-executing smart contracts replace — you know, regular contracts. Which aren\'t perfect, but aren\'t so ridiculously inefficient that they grind the economy to a halt. Decentralized autonomous organizations, or DAOs, where decision-making is shared equally among all participants, replaces other decentralized organizational schemes characterized by hours of debate and few concrete decisions, likeholacracyorSan Francisco Board of Supervisors\' meetings. Jokes aside, where is the clear killer app for blockchains? Where\'s the runaway success story?\nForget runaway success: There hasn\'t even been a single blockchain-based startup with enough cashflow or profitability to go public. Yes, there are bitcoin mining companies likeRiot. Yes, there are companies that facilitate crypto trades likeCoinbaseandBlock(formerly Square). But there\'s no actual company that\'s developed economic value by doing something brand new or better on a blockchain.\nI\'m open to persuasion — pitch me, blockchain geniuses, with incredible value-creating startups! — but my view right now is that crypto will revert to the original function of Bitcoin as an alternative to nation-based currencies for storing and exchanging value. Its volatility may not make sense to people living in relatively stable economies, but in countries with runaway inflation, corrupt governance, civil unrest or war, the method of converting collapsing local currency to bitcoin to stablecoin to a stable national currency like the U.S. dollar will remain a reasonable and in-demand way for people with some means to preserve those means. It\'s also useful for sending remittances without having to pay outrageous fees for international money changers, and — sometimes — as a digital replacement for suitcases of cash for all kinds of underground economic activity.\nWhy bitcoin instead of one of the newer coins? Because those other coins are almost universally based on faith, trust and pixie dust; the main value they have is the value they\'re assigned by the people who hold and trade them. You can make a college sophomore bong hit argument that all money is that way, man, but in fact the U.S. dollar is backed by the massive economic and military power of the United States: actual control over actual resources that people actually want and need.\nBitcoin is similarly backed by something real and tangible: energy. Because of its proof-of-work model, the only way to make and validate new bitcoins is by consuming energy, whether it\'s burning natural gas or hooking up to a nearby nuclear plant. Energy drives the real-world economy, and unlessSam Altmanor somebody successfully unlocks fusion and delivers energy that\'s truly "too cheap to meter," it\'s going to remain a real asset with real value for some time. If demand for bitcoin were to stabilize, the price should theoretically track to the price of electricity. In fact, it wouldn\'t surprise me in the least if Satoshi had some kind of connection to the energy industry.', "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "Fewer assets recently have performed better thanBitcoin(CRYPTO: BTC). In the last five years, it's up 1,490%. Since the start of 2023, it's soared 283% (as of March 23). The digital token has continued its strong momentum through the first three months of this year.\nThis topcryptocurrencyhas cooled down a bit, sitting 13% below its new all-time high from a couple of weeks ago. Bullish investors are ready to buy the dip right now.\nBefore doing so, it's important to know these five risks facing Bitcoin. Then you'll have a solid well-rounded understanding of the asset.\nAcross the world, governments have central banks that set interest rates and control the money supply. This is what helps support their authority over their respective currencies and their finances.\nViewed in this light, it makes sense that a purely digital, borderless, decentralized monetary network such as Bitcoin would pose a potential threat to entities like theFederal Reserveand the European Central Bank. Bitcoin is a direct competitor, and it could make implementing monetary policy harder for central banks.\nConsequently, it would be a huge blow if lawmakers decided to ban Bitcoin by making it illegal to own or mine it. Demand would likely fall off a cliff.\nA lot of attention goes toEthereumand its functionality for smart contracts, along with others, likeSolanaandCardano. Each of these blockchains has unique features that might be appealing to developers and users.\nBecause this is still a novel technology, there are always major risks of updates being implemented that introduce software bugs. In this case, the network could break, undermining the system.\nBitcoin, on the other hand, has a simple software architecture. This is on purpose, as its primary use is as a store-of-value asset. However, should nodes choose to approve major upgrades, issues could occur.\nAnother well-known technical risk Bitcoin faces is the possibility ofquantum computingtaking off. These are essentially supercomputers that can handle complex problems much faster than regular computers.\nThis new technology could potentially past undermine Bitcoin's cryptographic setup, which is critical to its security. In theory, quantum computing has the power to expose all private keys, likely making Bitcoin's network worthless as token holdings could be stolen with ease.\nTo its credit, Bitcoin has never been hacked yet. And its developer community has probably already thought about this threat. Adequate security measures could be built to defend against this, as well.\nThe biggest knock on Bitcoin is that it has minimal practical use as an actual payment method for transactions. The network can only handle 3.7 transactions per second, much lower thanVisa, for example, which can process tens of thousands. One Bitcoin transaction also costs over $7 right now.\nThese figures aren't good enough to scale Bitcoin if it hopes to handle a far greater number of transactions.It's a decentralized network that prioritizes security, so speed hasn't been a focal point.\nThere are innovations, as well, such as thelightning network. However, Bitcoin's ultimate success is far from a sure thing. Perhaps it will never make it as a day-to-day payment system.\nNo one will deny Bitcoin's monster price rise over the past 15 years. The digital asset has outperformed most other investments. Its purchasing power has skyrocketed.\nBut the path has been full of gut-wrenching volatility. Even today, when Bitcoin carries a $1.3 trillion market cap, has growing financial services and tools that support it, and has largely become a mainstream asset, the price it sells for experiences meaningful ups and downs.\nThe difficulty of owning something like this might be too much of a challenge for some investors, which could cap Bitcoin's potential.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Risks Every Investor Must Know About This Magnificent Cryptowas originally published by The Motley Fool", '• Meme coins led by Solana-based dogwifhat surged, outpacing other niches such as DeFi and exchange tokens.\n• Bets on DOGE-tracked futures jumped to a record $2 billion, and some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\nMeme coins led by Solana-based dogwifhat (WIF) surged for the second day to lead as a category as the broader market remains little changed ahead of the long weekend in the U.S., Europe and parts of Asia.\nBitcoin {{BTC}} traded around $70,000 million during the Asian morning hours on Friday, showing little change in the past 24 hours. Ether {{ETH}}, Solana’s SOL and Cardano’s ADA slid 1%, while Bitcoin Cash (BCH) added 4% to continue its Thursday rally.\nThe broad-basedCoinDesk 20, an index of the largest tokens minus stablecoins, was down 0.56%.\nCoinGecko data shows that the meme coin category surged 8% on average, outpacing more serious niches such as decentralized finance, yield farms, and exchange tokens.\nMeme tokens started to run early Thursday amid speculations of DOGE being used on an upcoming payments service of social application X, although there has been no official communication from the company.\nBets on DOGE-tracked futuresjumped to a record $2 billion, indicative of expectations of future price volatility with a bias toward longs.\nDog-themed tokens such as floki (FLOKI) and WIF jumped as a beta bet to dogecoin. WIF flipped pepecoin (PEPE) to become the third-largest meme token by market capitalization, crossing the $4 mark on Thursday.\nMeanwhile, some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\n“The price rally has been exponential in Q1, and there are signs of exhaustion,” Singapore-based QCP Capital said in a Telegram broadcast Friday. “ETH risk reversals are skewed to the downside at -8%, indicating some fear. Funding and forwards remain very elevated, which means that speculators are still paying high prices to keep their leveraged longs.”\n“While we remain bullish, we are cautious about leverage,” the firm concluded.', '• Meme coins led by Solana-based dogwifhat surged, outpacing other niches such as DeFi and exchange tokens.\n• Bets on DOGE-tracked futures jumped to a record $2 billion, and some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\nMeme coins led by Solana-based dogwifhat (WIF) surged for the second day to lead as a category as the broader market remains little changed ahead of the long weekend in the U.S., Europe and parts of Asia.\nBitcoin {{BTC}} traded around $70,000 million during the Asian morning hours on Friday, showing little change in the past 24 hours. Ether {{ETH}}, Solana’s SOL and Cardano’s ADA slid 1%, while Bitcoin Cash (BCH) added 4% to continue its Thursday rally.\nThe broad-basedCoinDesk 20, an index of the largest tokens minus stablecoins, was down 0.56%.\nCoinGecko data shows that the meme coin category surged 8% on average, outpacing more serious niches such as decentralized finance, yield farms, and exchange tokens.\nMeme tokens started to run early Thursday amid speculations of DOGE being used on an upcoming payments service of social application X, although there has been no official communication from the company.\nBets on DOGE-tracked futuresjumped to a record $2 billion, indicative of expectations of future price volatility with a bias toward longs.\nDog-themed tokens such as floki (FLOKI) and WIF jumped as a beta bet to dogecoin. WIF flipped pepecoin (PEPE) to become the third-largest meme token by market capitalization, crossing the $4 mark on Thursday.\nMeanwhile, some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion.\n“The price rally has been exponential in Q1, and there are signs of exhaustion,” Singapore-based QCP Capital said in a Telegram broadcast Friday. “ETH risk reversals are skewed to the downside at -8%, indicating some fear. Funding and forwards remain very elevated, which means that speculators are still paying high prices to keep their leveraged longs.”\n“While we remain bullish, we are cautious about leverage,” the firm concluded.', "Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence (AI) to electric vehicles to cryptocurrency.\nArk is extremely bullish on the world's largest cryptocurrency,Bitcoin(CRYPTO: BTC). The firm's official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a potential upside of more than 5,300%.\nBitcoin is trading near an all-time high right now and investors are as enthusiastic about its prospects as ever, but is Wood's forecast realistic?\nBitcoinis often discussed as a replacement for traditional money. It isn't governed by any person or institution, and the blockchain upon which it is built is an accurate and transparent system of record. But its price is incredibly volatile; Bitcoin lost 65% of its value in 2022 and it has since gained about 325% from its low point that year. As a result, it's too unpredictable to become a means of exchange for most consumers and businesses.\nMany investors instead consider Bitcoin a store of value -- like a digital version of gold -- and it has outperformed every other major asset class during the past five years:\nThe investment thesis behind Bitcoin is relatively simple. Supply is limited to 21 million coins, which are paid to miners who use powerful computers to add new blocks to the blockchain. A halving is triggered with every 210,000 new blocks, which cuts the reward for mining Bitcoin in half. Estimates suggest the last Bitcoin will be mined sometime around the year 2140.\nSince supply is capped, demand alone drives the price. There are nearly 50 million wallets which hold entire bitcoins or partial coins. That figure is near an all-time high. Plus, 2023 was one of the most active years for wallet creation, which is a good indicator of demand. Theoretically, Bitcoin's limited supply will ensure prices move higher for as long as people continue opening new wallets to buy the cryptocurrency.\nHowever, that alone might not be enough for Bitcoin to deliver the astronomical gains touted by Ark and Wood.\nArk highlights eight potential sources of demand for Bitcoin that could send its price soaring by 2030:\n1. Corporate treasury:Ark believes companies will eventually hold between 0% (bear case) and 5% (bull case) of their cash reserves in Bitcoin.\n2. Remittance asset:Bitcoin could represent between 5% and 25% of all non-commercial money transfers.\n3. Nation state treasury:Government treasury departments around the world could hold between 0% and 5% of their assets in Bitcoin.\n4. Emerging market currency:Bitcoin could be the primary currency in some developing nations. El Salvador already adopted it as legal tender.\n5. Economic settlement network:Bitcoin could eliminate a number of fees imposed by banks and financial institutions, capturing between 1% and 10% of U.S. bank settlement volume.\n6. Seizure-resistant asset:Between 1% and 5% of the global wealth held by high net worth individuals could be stored in Bitcoin to protect it from the government.\n7. Institutional investment:Banks and financial institutions could place between 1% and 6.5% of their assets in Bitcoin because they believe it will further appreciate in value.\n8. Digital gold:Between 20% and 50% of the money investors normally allocate to gold could eventually be placed in Bitcoin instead, thanks to its strong performance and portability.\nHere's how high Ark believes Bitcoin can rise by 2030 based on the demand generated by those eight catalysts:\n• Bear case:$258,500, representing an upside of about 270% from today's price of roughly $69,000.\n• Base case:$682,800, representing an upside of 880%.\n• Bull case:$1,480,000, representing an upside of 2,400%.\nWood spoke at the Bitcoin Investor Day conference in New York last week, where she said Bitcoin could actually eclipse Ark's 2030 price target of $1.48 million and instead soar to $3.8 million. The 5,300% upside could be driven by further adoption of Bitcoin exchange-traded funds (ETFs), which won the approval of the U.S. Securities and Exchange Commission (SEC) in January.\nSo far, the 10 approved ETF operators -- including Ark -- manage more than $58 billion worth of assets in their Bitcoin funds, and that figure is growing. Wood says if institutional investors allocated a little more than 5% of their portfolios to Bitcoin, that alone would be enough to warrant a price of $3.8 million.\nWood thinks Bitcoin still has miles to go in terms of upside. She believes the cryptocurrency is key to an internet-based means of transacting that eliminates toll takers like banks and financial institutions, which collect a fee almost every time money moves.\nPast performance doesn't predict future results, so there is no guarantee Bitcoin will continue to outperform other asset classes, let alone surge more than 50-fold.\nThe cryptocurrency would have a market capitalization of $74.7 trillion if it did reach a price of $3.8 million, making it nearly three times more valuable than the U.S. economy by gross domestic product, and 23 times more valuable than the largest company in the world (Microsoft).\nTo me, that seems unlikely. Treating Bitcoin as a store of value does make sense, and perhaps one day it could have a similar market cap to gold, which currently stands at $14.6 trillion. That would translate to a 10-fold return in Bitcoin from here, taking it to $743,500, which is slightly aboveArk's base-case estimate.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\n1 Unstoppable Cryptocurrency With 5,300% Upside by 2030, According to Cathie Woodwas originally published by The Motley Fool", '• Judge James Mellor ordered a worldwide freeze on 6 million British pounds of Craig Wright\'s assets.\n• In a court case brought by COPA, Mellor found earlier this month that Wright was not Satoshi Nakamoto, the inventor of Bitcoin.\n• The judge ruled there was a risk Wright would move his assets offshore to avoid paying costs related to the case.\nA U.K. judge imposed a worldwide freezing order on 6 million British pounds ($7.6 million) of Craig Wright\'s assets to prevent him moving them offshore and evading costs arising from acourt casethat found he was not, as he\'d claimed, Bitcoin inventor Satoshi Nakamoto.\nIn a March 14 decision, Judge James Mellor, who heard the case brought by the Crypto Open Patent Alliance (COPA), also found Wright didn\'t author the Bitcoin white paper nor the initial versions of the Bitcoin software. Shortly after that, Wright notified Companies House, the U.K.\'s register of companies, that shares in his RCJBR Holding company had beentransferred to DeMorgan, a company organized under the laws of Singapore.\nAccording to a judgment dated Wednesday and posted on the website of the Bitcoin Legal Defense Fund, COPA\'scosts amount to about 6.7 million pounds.\n"Understandably, that gave rise to serious concerns on COPA’s part that Dr Wright was implementing measures to seek to evade the costs consequences of his loss at trial," Mellor wrote in the judgment, referring to the share transfer.\n"Dr Wright has a history of default in relation to orders for the payment of money," Mellor wrote, before detailing some examples. " ... COPA has a very powerful claim to be awarded a very substantial sum in costs ... I consider there is a very real risk of dissipation."', "Since its humble beginnings as only aBitcoinexchange,Coinbase Global(NASDAQ: COIN)has matured in line with the cryptocurrency asset class. Coming a long way, Coinbase is now the premier platform forinstitutionalandretailinvestors interested in the vast world of cryptocurrencies with its innovative suite of products.\nCoinbase's journey (as well as crypto's) has been nothing short of historic and shows no sign of slowing down. As the cryptocurrency asset class continues to evolve, Coinbase's future looks increasingly bright. Here's where the company might be headed in the next 10 years.\nProjecting what a company will look like in the next decade is inherently speculative, especially when its business model depends on new technology. To introduce some objectivity, I'll examine some data and financials since numbers don't lie.\nOne of the most meaningful metrics to track Coinbase's growth is its user base. In Q1 2018, there were around 23 million verified users on Coinbase's platform. Today, that number has reached more than 110 million, an almost 400% increase.\nAssuming the number of users continues to grow at a compound annual growth rate of 30%, Coinbase's total user base would be more than 1.5 billion in 2034, roughly the same number of users on Instagram today.\nUnsurprisingly, as Coinbase's user base has grown, so has its revenue. In 2019, the company generated around $533 million in revenue. According to the most recent earnings report, total revenue for 2023 reached a whopping $3.1 billion, a nearly 500% increase in just four years at a compound annual growth rate of 41%.\nIf it maintains that current pace, Coinbase's annual revenue could blossom to nearly $100 billion. For comparison, that would put it on the same level as companies likeBank of AmericaorTeslatoday.\nBest of all, due to Coinbase's digital infrastructure, it maintains incredibly low costs, which helps maximize profits. With profit margins north of 85%, Coinbase would be as profitable as some of the most prominent companies in the world today, such asGoogleorJP Morgan, if it follows this projected scenario.\nDon't get me wrong. I fully recognize that a lot has to go right for Coinbase to reach these levels. However, not only does the company have a robust business model, but it also benefits from several advantages similar to those of tech companies in the early 2000s that capitalized on the proliferation of the internet into daily life.\nCryptocurrency is a burgeoning and nascent asset class. The technology's use cases are still developing, but it holds immense potential to transform business, personal finance, and even entire economies. If things continue to progress, Coinbase's role could begin to take shape as a 21st-century tech bank.\nIt already offers retail users several innovative blockchain-based solutions, such as sending money instantly at no cost, providing savings accounts, and allowing users to trade cryptocurrencies. On the institutional side, Coinbase offers custodial services and a brokerage platform for companies looking to explore crypto.\nThis scenario of Coinbase becoming a tech bank of the future and rising to become one of the most influential companies on the market may seem outlandish. But if there's anything crypto has taught us, it's that expectations are often exceeded. Don't be surprised if Coinbase becomes a leading performer in stock portfolios over the next decade.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.RJ Fultonhas positions in Bitcoin, Coinbase Global, and Tesla. The Motley Fool has positions in and recommends Alphabet, Bitcoin, Coinbase Global, JPMorgan Chase, and Tesla. The Motley Fool has adisclosure policy.\nWhere Will Coinbase Be in 10 Years?was originally published by The Motley Fool", '"The Big Money Pivot - East" Conference to Feature Dozens of Workshops, Charles Payne Hosting His Fox Business Show LIVE, Podcast Recording Sessions, and More\nMIAMI, Florida - (NewMediaWire) - March 29, 2024 - The MoneyShow organization has spent the past 43 years educating hundreds of thousands of investors and traders across the country and around the world. Now, we are pleased to announce that our inauguralInvestment Masters Symposium Miamiwill run April 10-12, 2024, at the Hyatt Regency Miami hotel.\nOver the course of three days, attendees, financial educators, and investment sponsors will gather for keynote sessions, panel discussions, workshops, networking receptions, and other events. All major asset classes and alternative investments will be covered, including stocks, bonds, real estate, precious metals, and cryptocurrencies. The goal: To help investors profit from "The Big Money Pivot" currently unfolding in markets and the economy.\nIn addition,Charles Payne, Host ofFox\'s Making Money with Charles Payne, will broadcast his hit show LIVE from the venue on Friday, April 12 at 2 p.m. Eastern.Jim Iuorio and Bob Iaccinowill record a segment of their hit podcastThe Futures Edgeon-site. Plus,Jon and Pete Najarian, Co-Founders of Market Rebellion, LLC, will distribute and sign copies of their new bookIt\'s NOT an Optionfor attendees.\n"We\'re excited to bring our unique, interactive, and actionable Symposium series to Miami for the first time ever," saidMike Larson, MoneyShow editor-in-chief and conference host. "With stocks, gold, Bitcoin, and other assets at or near record highs, not to mention many investors turning to alternatives for greater profit and income, we can\'t wait to provide today\'s active investors and traders with the expert guidance and recommendations they\'re seeking."\nFeatured financial expertsin the speaker lineup include:\n• Kevin Maloney, President/CEO, Property Markets Group\n• Eric Bolling, Host, Newsmax\n• Jim Bianco, President and Macro Strategist, Bianco Research, LLC\n• Peter Schiff, Chief Global Strategist, Euro Pacific Asset Management\n• Brian Belski, Chief Investment Strategist, BMO Capital Markets\n• Kathryn Vera, Chief Investment Strategist, StoneX\n• John Carter, Founder and Chairman, Simpler Trading\nFeatured presentations and panel topicsinclude:\n• The Fed, the Election, and Your Portfolio What to Do Now\n• Are the "Magnificent Seven" About to Become the Seven Dwarfs (And Is There a Snow White)?\n• The Greatest Story Ever Sold: The Impact of Passive Investing on Asset Markets\n• Crypto, Commodities, & Other Alternatives to Explore in 24\n• Stock Market Trends & Transitions: Investing in the New Cycle\n• Profiting in Real Estate as Powell Pivots\n• An Invitation to the AI Super Boom\nFor complete details on the Miami event, visitwww.miamisymposium.com. Or for other questions and assistance in arranging on-site interviews with expert speakers at this year\'s event, contact Mike Larson at 941-955-0323.\nPress Contact:Mike Larson\nVP/[email protected]\nAbout MoneyShow\nMoneyShow\'s mission is to help individuals "Invest Smarter, Trade Wiser." Each year, the privately held financial media company hosts a series of in-person conferences and virtual expos that attract more than 75,000 investors, traders, and financial advisors. They gather with top market experts from a wide range of disciplines in the U.S., Canada, and online, seeking financial education and empowerment. MoneyShow is headquartered in Sarasota, Fla.', 'Cryptocurrencies offer a promising path to fixed and passive income sources. blueskyminer, a leading cloud mining platform, is teaching individuals how to earn significant daily returns, optimizing their mining efforts for maximum profit.\nLondon, England, March 29, 2024 (GLOBE NEWSWIRE) --\nAs a top contender among free cloud mining platforms globally,Blueskymineris making waves in the computing power market with its state-of-the-art technology. This technology streamlines mining operations, eliminating the need for unnecessary equipment and the complexities usually found in traditional cryptocurrency mining. "Choosing a computing power package for cloud mining has never been easier, allowing users to effortlessly earn income," state blueskyminer\'s founders.\nIncentives for New UsersNewcomers are welcomed with a $10 bonus, facilitating immediate earnings through blueskyminer. Additionally, users can enhance their passive income by 3% through referrals. "Assembling a team of ten can yield up to $50,000 monthly," claim company representatives. To explore more, visitblueskyminer\'s official website\nStreamlined Earning ProcessDownloading the blueskyminer app opens the door to simple registration and questionnaire completion. By confirming accounts and selecting the right capacity package, users activate cloud mining contracts and begin their journey towards generating passive income.\nWhy Invest in blueskyminer?Investing in blueskyminer brings numerous advantages. The platform\'s approach to home-based earning and the collective success of its community is changing how people view investment and income generation.\n- Passive Income: Users enjoy a stable, daily income.- Quick Payouts: An automatic payout system expedites fund access.- No Experience Needed: Beginners can earn money without prior mining knowledge.- Diverse Contracts: A wide array of contracts caters to various hash capacities.- Dedicated Support Platform specialists offer unwavering support to all users.\n"In the quest for home-based earning solutions in 2024, blueskyminer stands out by making significant daily earnings accessible with minimal investment," share the company founders.\nA Diverse Range of Mining PackagesCatering to all skill levels, from novices to seasoned miners, blueskyminer offers a variety of packages designed to suit every user\'s needs and open up new opportunities in cryptocurrency mining.\n"Blueskyminer\'s packages are designed to guide users through the cryptocurrency world, regardless of their mining experience," according to the founders.\n- BTC Starter Has Power: Begin with a modest $10 investment.- BTC Enhanced Hash Power: A $100 investment amplifies earning capabilities.- BTC Premier Hash Power: A $500 investment is designed for those aiming to maximize their earnings.\nFor a comprehensive look at blueskyminer\'s innovative cryptocurrency mining approach, visit their website. Connect with the brand on social media throughFacebookor Twitter to stay updated on the latest developments.\nContact DetailsBusiness:blueskyminerContact Name:Adrienne de JagerContact Email:[email protected]:United KingdomWebsite:www.blueskyminer.com\nDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Adrienne de Jager Blue Sky Mining Company Limited info at blueskyminer.com', "• Decentralized finance protocol Ethena will airdrop 750 million ENA tokens to USDe holders on April 2.\n• Aevo's prelaunch futures tied to ENA surged over 20% early Friday.\nPrelaunch futures tied to decentralized finance protocol Ethena’s impending governance token ENA surged on Friday, implying a market capitalization of over $500 million at inception.\nThe ENA/USD pre-debut futures listed on the decentralized exchange Aevo changed hands at 73 cents during the Asian trading hours, representing a 22.29% gain on a 24-hour basis.\nEthena, home to the $1.3 billion USDe token,will airdrop750 million ENA, equating to 5% of the total supply, to USDe holders on April 2. Traders who unlock, unstake, or sell their USDe before April 1 will not be eligible for the airdrop.\nThe stated airdrop figure and the going market price implied by prelaunch futures mean the token could debut with a market capitalization of $547.5 million. The market cap is determined by multiplying the circulating supply with the going market price. Meanwhile, ENA's fully diluted market value (FDV) could be over $10 billion. The FDV uses total supply to calculate the market value.\nThe double-digit surge in the ENA prelaunch futures likely resulted from Binance announcing a launchpool for users to stake their BNB and FDUSD farm ENA tokens. Binance launch pool, often called a centralized yield farming service, is a popular way for users to participate in early-stage projects.\n“The @ethena_labs prelaunch market on Aevo is up 20% on the back of their Binance Launchpool announcement,” Aevo said on X.\nENA farming on Binance launchpoolwill starton March 30 at 00:00 UTC and be open for three days. The leading cryptocurrency exchange will list ENA on April 2, allowing trading in ENA/BTC, ENA/USDt, ENA/BNB, ENA/FDUSD and ENA/TRY pairs.\nAevo’s pre-listing perpetual futures are similar to “I owe you” or IOU futures offered by some exchanges. Once the token goes live, the pre-listing perpetuals reference the token’s spot price and collect funding rates from traders to keep perpetuals in sync with the spot price.", 'It’s over. The crazy saga of Sam Bankman-Fried, the onetime crypto billionaire, came to an end this week as a federal judge sentenced himto 25 yearsin prison for fraud. For the crypto community, this should have been a moment of closure, helping to turn the page on its biggest scandal. Yet, judging by many of the reactions on the social media platform still known as Crypto Twitter, Thursday’s sentencing was a travesty of justice.\nStart with Fox Business host Charles Payne, who tweeted, “Hell, no,” in response to the question of whether 25 years was enough. ThisledGOP Senate candidate John Deaton to endorse Payne’s comment and say Bankman-Fried should have gotten 50 years instead. While they were no doubt pandering to their right-wing followers—many of whom are quick to blast as lenient any sentence that doesn’t involve the electric chair—Payne and Deaton echoed many others who complained Bankman-Fried got off easy.\nSome of this grousing came from the fact Bankman-Fried would likely be able to shave off as much as a third of his sentence for good behavior—meaning he might serve more like 16 years. Others expressed outrage that, while Bankman-Fried will be able to walk free one day, another famous criminal tied to Bitcoin is doing life. That would be Ross Ulbricht, a.k.a. Dread Pirate Roberts, who got a life sentence in 2015 for running Silk Road, the notorious online marketplace where you could use Bitcoin to buy everything from heroin to hit men. While Ulbricht’s sentence may have been unduly harsh, it’s worth noting that, unlike Bankman-Fried, he indirectly was responsible for young people OD’ing.\nAnother chorus of complaints over Bankman-Fried’s 25-year term came from the kookier corners of social media, where people claimed that, because of his family’s close ties to Democratic politicians, he is sure to be pardoned. If you like conspiracy theories, that’s a good one, but it’s also ridiculous. Meanwhile, it was hard to find anyone who thought the sentence was too harsh—unless you count Bankman-Fried’s parents and legal team, who claimed the fraudster who liked penthouses and private jets was “a beautiful puzzle … unconcerned with material possessions.” Right.\nPlenty of people seem to think Bankman-Fried’s sentence was unfair, but that’s typical for most high-profile criminal trials where everyone has an opinion but few have a nuanced understanding of the criminal justice system. In this case, the judge more or less got it right. A 25-year prison sentence is no slap on the wrist and will cost Bankman-Fried many of the best years of his life, and means he is unlikely to hug some of his loved ones ever again. It also sends a message that crypto fraud is a serious crime.\nA quick programming note: I will be off next week, but you will be in good hands with Leo Schwartz and Niamh Rowe until I return on April 8. Have a great weekend.\nJeff John [email protected]@jeffjohnroberts\nThis story was originally featured onFortune.com', 'Set in an Alternative Dystopian Los Angeles, Gala Films\' Groundbreaking Series, "RZR," Takes Audiences into a World of AI and Brain-Computer Interfacing.\nHOLLYWOOD, Calif.,March 29, 2024/PRNewswire/ -\xa0Gala Film, the leadingdecentralizedstreaming platform, announces the Global Premiere of its first-ever streaming series, RZR, onApril 14, 2024. Starring and created by Award-winning actor and filmmakerDavid Bianchi(Queen of The South), "RZR" brings a gritty new perspective to science fiction storytelling, bringing viewers into a world of neural implants, artificial intelligence, hacker culture, and black-market crime. This short-form series, broken into eight 15-minute episodes, is set to debut on Gala Film for free, boasting a celebrity-studded cast including BAFTA nominee and SAG Award winnerMena Suvari(American Beauty),Emilio Rivera(Mayans MC), Primetime Emmy nomineeRichard Cabral(American Crime) and iconic genre legendDanny Trejo. According to Bianchi:\n"Very little short-form content can compete with RZR from a cast and a production value perspective. The team that I was able to assemble is world-class. I\'m very grateful for those incredible creators."\nThe RZR cast works as a tight ensemble to tell the story of Grimm, a hacker plagued by memories of his time as a soldier in a nuclear conflict. Determined to survive in this dystopianLos Angeles, he strives to \'bio-hack\' himself in order to connect his mind directly with the internet in order to save the world from itself. In this conceptual world, AI is deeply intertwined with the lives of humans- from AI romantic partners to assistants to surgeons; RZR contemplates a world beyond the realm of imagination for most, whereBitcoinis over$100,000, and computer chips can be embedded into the human brain. According to Grimm:\n"This is the kind of tech that people would kill for if they could access it"\nRZR guides audiences into its dystopian premise,Mr. Robotstyle, thanks to a number of talented directors, including Emmy winnerYuri Alves,Christopher Folkens, and co-writerDaniel J. Pico. These auteurs worked in close collaboration with Bianchi, producerNoelle Hubbell, and cinematographerMatthew Plaxco. This team of creative leaders has brought RZR to an extraordinary level of production value, bringing the look and feel ofHollywoodcinema to episodic short-form online streaming, thanks to Gala Film. According to Bianchi:\n"This is the first title to come out of Gala Film; it\'s unprecedented. We have a Web3 company that is partnering exclusively withHollywoodto create triple-A level cinematic content that is going to function on the node ecosystem on Gala Film, layer one. Gala has always been on the brink of technology and cutting-edge leadership in the Web3 space. Their ability to see the future and understand trends is unparalleled."\nIn a pioneering move, Gala Film is introducing an innovative mechanism for fans to engage with the RZR universe – Mystery Boxes. These digital wonders unlock exclusive content, providing a unique, interactive experience that allows viewers to delve deeper into the storyline and become part of the narrative fabric. According toEric Schiermeyer, founder of Gala:\n"We are hoping to unlock a new way for fans to connect with the content they love. Gala is building ways for fans to tangibly own a piece of the world created by visionaries like Bianchi."\nMark your calendars forApril 14th, 2024, and prepare to be part of the future of entertainment.\nExperience the global premiere of "RZR" exclusively on Gala Film. For more information on "RZR," visitGala.comand follow our journey on social media:\nTwitter / X:https://twitter.com/GoGalaFilms?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\nTik Tok:https://www.tiktok.com/@gogalafilm\nYoutube:https://www.youtube.com/@GalaFilm\nInstagram:https://www.instagram.com/officialgalafilm/\nDiscord:https://discord.com/invite/gogalafilm\nAbout Gala Film\nGala Film is powered by GALA, a leading Web3 entertainment company focused on empowering fans and creators through Web3 ecosystems and true content ownership. Gala is paving the way toward the future of entertainment by developing new solutions and opportunities for developers on their proprietary blockchain: GalaChain.\nAbout Exertion3\nFounded in 2008 byDavid Bianchi, Exertion has produced six feature films, and over thirty shorts and music videos. Exertion has received several major accolades, including the Imagen Award (Latin Golden Globe), a Telly Award for craft VFX, and a multitude of independent Awards. Their work has been seen globally on platforms like Apple TV, HULU, HBO, Paramount +, CNN and more.\nAboutDavid Bianchi\nDavid Bianchiis a multi-hyphenate actor, writer, and filmmaker with over 120 professional credits in studio films and major network TV, includingQueen Of The South(Netflix),Resident Alien(Netflix),Seal Team(Paramount), and many more. His work has earned him membership into theAcademy of Television Arts and Sciences.\nAs an artist and poet, he blends together his passions, having created his own art genre called\xa0Spinema™ (spoken word cinema). The poetic-cinematic experiences he crafts with Spinema™ have led him to become known as one of the most unique creators in the NFT and film space. David has been recognized two years consecutively, in 2022 and 2023 as one of the 100 most influential creators in the world by NFTNow. His work has been curated into exhibits all over the world, includingArt Basel, Scope Miami, the LA Art Show, and more. His work has been covered in major press outlets including Forbes, Coindesk and Decrypt.\nAbout RZR\nRZR, Gala Film\'s first-eve Last 60 Days of Bitcoin's Closing Prices: [43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-29 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,377,599,092,969 - Hash Rate: 595046224.9834774 - Transaction Count: 449421.0 - Unique Addresses: 659374.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In 2017, amid crypto's first full-blown bull cycle,Fidelityallowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside, adopting crypto would seem to be an odd choice for an old-line firm like Fidelity, which launched in 1946 and manages trillions of dollars in assets. But underCEO Abigail Johnson, the granddaughter of Fidelity founder Edward Johnson II, the firm began dabbling in blockchain, includingminingBitcoin at its offices since 2014. "We at Fidelity can see that the evolution of technology is setting our industry up for disruption," Johnson said in 2017 at a blockchain event. The experiment allowing employees to pay for hamburgers withBitcoindidn't work out, Michael O'Reilly, the president of Fidelity's digital assets division, toldFortunein an interview. He joked that the only people who tried it out were the staffers who worked on the project. Fidelity's broader gamble on crypto, however, has been a resounding success. Today, the firm offers the second-most popular Bitcoin ETF with nearly $7 billion of inflows in thered-hotinvestment classapprovedin January, has set up a custody service for Bitcoin and Ether as competitors scramble to catch up, and has a multiyear head start on peers likeBlackRockand Franklin Templeton that are rushing into the blockchain market. As crypto prices boom once again, O'Reilly and three other employees working on Fidelity's digital asset products toldFortunethat the company is just getting started. "For us, it isn't whether digital assets are going to happen," O'Reilly said. "It's how we're going to play in the space." The Boston-based Fidelity may have started mining Bitcoin in 2014, but its first serious foray into crypto came in October 2018 when it began to custody Bitcoin for institutional investors, the first traditional financial firm to offer the service, with the nextcomingfour years later withBNY Mellon. The same month in 2018, Fidelity also launched its trading platform for Bitcoin. The company officiallyreceiveda license from the New York Department of Financial Services to offer trading and custody services the following year. Unlike exchanges such asCoinbase, Fidelity's product operates as an execution service, meaning that Fidelity would serve as the counterparty on every trade and find liquidity providers for the buyer or seller, rather than matching buyers and sellers. Fidelity expanded its custody and trading services to include Ether in 2022. Terrence Dempsey, the head of product strategy at Fidelity's digital assets subsidiary, said that approach not only provides more consistent pricing, but helps ease clients into the volatile world of crypto with a more traditional financial wrapper. "We're trying to abstract away a lot of the market structure and nuances of crypto for our customers and provide them with a very familiar experience," he toldFortune. While Fidelity's flashiest crypto product is its Bitcoin ETF, the custody and trading platform helped set the foundation. As the Securities and Exchange Commissiondebates rulemakingover which type of companies should be allowed to custody crypto assets—and how firms should account for them—Fidelity sits in a unique position. With its trust charter from DFS, Fidelity will likely fall under the key category of "qualified custodian" that's being considered by the SEC, and the firm has sentlettersto the agency advocating that state-chartered trust companies should meet the definition. And as lawmakersfight the agencyon a controversial accounting bulletin called SAB 121 that would require custodians to count digital assets as liabilities on their balance sheets, Fidelity could fall outside of the guidance as a non-public reporting company, although the financial industry's understanding of the suggested practice is still developing. Unlike publicly traded peers, Fidelity is a privately held company, with the Johnson family still owning 49% of shares and voting power, according toSEC filings. Beyond avoiding the potential pitfalls of SAB 121, O'Reilly said that the firm's private status allows it to take a more long-term view on sectors where competitors have steered clear, such as crypto. "Being privately held gives us quite an advantage there," he toldFortune. When the SEC approved the first slate of spot Bitcoin ETFs in January, eight of the 10 issuers to launch chose Coinbase to custody their Bitcoin, including BlackRock. The only exceptions were VanEck, which went with the Winklevoss twin-run Gemini, and Fidelity, which chose its own custody service. That every other issuer went with Coinbase, which is currentlyembroiledin litigation with the SEC, may seem surprising, especially with Fidelity serving as a clear alternative. But even though Fidelity's custody service is technically part of a separate subsidiary fromFidelity Investments, which issues the Bitcoin ETF, it's still a challenger to the other issuers. "We are, as a firm, offering an ETP," or exchange-traded product, O'Reilly said. "Often, you don't want to give assets of your ETP to a competitor." Cynthia Lo Bessette, head of the team within Fidelity responsible for the ETF, said that she expects that to change as issuers begin to tap secondary custodians for their products. "Diversification seems to be on people's minds," she toldFortune. But even without serving as a custodian for other issuers, Fidelity's own ETF is thriving. According to data from Bloomberg, its Wise Origin Bitcoin Fund has the second-largestinflowsof the new ETFs at nearly $7 billion, trailing only BlackRock's. Lo Bessette pointed to Fidelity's structure as a competitive advantage, serving as the only issuer to rely on its own custody and trading services, as well as providing its own index for pricing. "The way that we've designed the product is as a Fidelity full-stack offering," she said. Amid speculation about whether the field of issuers would consolidate over the next year, Lo Bessette demurred but did say it would be up to the individual sponsors whether the scale of their products makes it worthwhile to continue operating. Even with anarms raceover fees, the lowest-performing funds have seen less than $400 million of inflows, with WisdomTree collecting only about $60 million as of March 25. While the Bitcoin ETF remains Fidelity's top crypto product, the company still plans to expand its offerings. Fidelity is one of seven companies hoping tolauncha spot Ether ETF through an approval process pending with the SEC, although analystspredictthey will be rejected by the May deadline. Still, Ether represents a potent new field for Fidelity. Unlike Bitcoin, which operates under the energy-intensive proof-of-work consensus model, Ethereumswitchedto proof of stake in 2022, meaning Ether holders can receive a yield in return for staking their assets. While Fidelity currently does not offer staking services, Lo Bessette said that it's looking at product iterations that include staking. On March 18, Fidelityaddedan amendment to its ETF application to include a provision that would allow the fund to stake a portion of its assets. Regulatory uncertainty could still prevent Fidelity's entrance into the space, with the SEC likely to deny the ETH ETF applications, and staking itself fraught due to recentlawsuitsbrought by the agency against companies like Coinbase and Kraken that offered staking-as-a-service products. Dempsey said Fidelity's digital assets subsidiary also hopes to launch trading and custody services for other cryptocurrencies. "We did not set out to be a Bitcoin and Ethereum-only shop," he toldFortune, although the regulatory challenges around the security status of different assets—includingEther—continue to pose a challenge. As competitors like Franklin Templeton and BlackRock begin totokenizedifferent assets such as money marketfunds, Lo Bessette said Fidelity is exploring the potential of tokenization, although she declined to provide specific examples. While Fidelity may move faster than many of its TradFi peers, it still sits somewhere in between the crypto native firms like Coinbase and the mainstays likeVanguard. The result is a methodical approach that's still cautious of regulators while pushing further into blockchain experimentation. "In crypto, years are almost like decades," O'Reilly toldFortune. "That really is what has given us the advantage." This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE,March 29, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 30, 2024.\nOKX Wallet Integrates with Corridor Finance, a Prominent BRC-20DeFiPlatform\nOKX Wallet is now integrated withCorridor Finance, a leading platform building a BRC20DeFiecosystem, including swap, bridge, and farming. This integration enables OKX Wallet users to leverage the benefits of diverse yield farming products, further expandingDeFito more BTC assets like BRC-20, NFTs and other BTC protocols, directly from the OKX Wallet web extension.OKX Wallet users can now access Corridor Finance by downloading the OKX Wallet web extension available on Chrome and Firefox, creating or adding an existing OKX Wallet, and connecting it to Corridor Finance via the web extension.\nCorridor Finance is dedicated to boosting the BRC20 ecosystem with its innovative solutions. It aims to bring a new level of diversity to yield farming products and broadenDeFi's reach.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-wallet-integrates-with-corridor-finance-a-prominent-brc-20-defi-platform-302101992.html\nSOURCE OKX", 'Many growth investors gravitated back toward the cryptocurrency market this year as hopes for lower interest rates, the approvals of the firstBitcoinspot price exchange-traded funds (ETFs), and big institutional purchases suggested the "crypto winter" was over. However, it\'s still tough to gauge the true value of most cryptocurrencies, since their price is driven more by supply and demand than by an actual underlying business.\nEarlier this month, I suggested that investors buy threepromising tech stocks--Nvidia,Super Micro Computer, andASML-- instead of going all-in on cryptocurrencies. Today, I\'ll add three other speculative plays to that list of potential cryptocurrency alternatives:Symbotic(NASDAQ: SYM),QuantumScape(NYSE: QS), andIonQ(NYSE: IONQ).\nSymbotic is a provider of warehouse automation robots and software. It claims a $50 million investment in just one of its modules (which includes its robots and software) can generate $250 million in lifetime savings over 25 years.\nSymbotic went public by merging with a special purpose acquisition company (SPAC) in June 2022. Its revenue surged 136% in fiscal 2022 (which ended in September 2022) and 98% in fiscal 2023. However, most of that growth came from a deal withWalmart, which tapped Symbotic to automate all of its regional distribution centers across the U.S. through fiscal 2034. Walmart still owns 11% of Symbotic and accounted for 88% of its revenue in fiscal 2023.\nThat customer concentration is worrisome, but it\'s secured deals with other big retail customers likeTarget,Albertsons, and C&S Wholesale. It also launched a new warehouse-as-a-service platform called GreenBox with its other big backer,SoftBank, last July.\nAnalysts expect Symbotic\'s revenue to rise 48% in fiscal 2024 and 42% in fiscal 2025. It\'s still bleeding red ink, but it\'s expected to turn profitable on a generally accepted accounting principles (GAAP) basis by fiscal 2025. Its stock isn\'t cheap at 16 times this year\'s sales, but it might be a great pure play on the warehouse automation market.\nQuantumScape develops solid-state batteries, which are more stable, charge faster, and last longer than traditional lithium-ion batteries. Those batteries are a great fit for the electric vehicle (EV) market, and the company\'s biggest backer isVolkswagen. Like Symbotic, QuantumScape went public by merging with a SPAC in November 2020. But unlike Symbotic, QuantumScape doesn\'t generate any meaningful revenue yet.\nQuantumScape hasn\'t commercialized any of its batteries since its public debut, but its latest batteries could give EVs a range of 400-500 miles with a charge time of less than 15 minutes. It\'s also developing batteries that can reach 600 miles with a charge time of under 30 minutes. For reference, most top-tier lithium-ion batteries for EVs have a range of roughly 300 miles and a charge time of 30 minutes. Volkswagen also recently conducted an endurance test that found that QuantumScape\'s batteries could power an EV for over 310,000 miles "without any noticeable loss of range." Most lithium-ion batteries lose approximately 10% of their range after the first 200,000 miles.\nQuantumScape\'s technology sounds disruptive, but it\'s tough to value its stock without any revenue. However, if it successfully commercializes its first batteries before its like-minded competitors, its stock could skyrocket over the next few years.\nInvestors looking for another speculative play should take a look at IonQ, a quantum computing company that merged with a SPAC in October 2021. IonQ provides quantum computing power as a cloud-based service, and it\'s trying to shrink qubit processing unit (QPU) systems from several feet to a few inches wide with its "trapped ion" technology.\nIt expects that miniaturization to make it easier to build large quantum computing systems that process binary "bits" of zeros and ones simultaneously. That big leap could support the growth of the cloud, machine learning, and artificial intelligence (AI) markets.\nIonQ gauges its quantum computing power in algorithmic qubits (AQ). It achieved AQ 29 in 2023, AQ 35 earlier this year, and it aims to reach AQ 64 by 2025 with a longer-term target of 1,024 by 2028. It only generated $22 million in revenue in 2023, but it continues to lock in new government and commercial customers. Analysts expect its revenue to rise 77% in 2024 and 110% in 2025 -- so it could still have plenty of upside potential.\nIonQ isn\'t profitable yet, and its stock looks pricey at nearly 50 times this year\'s sales. But if it can achieve its ambitious miniaturization goals and scale up its business, its sales could soar as the nascent quantum computing market expands.\nShould you invest $1,000 in Symbotic right now?\nBefore you buy stock in Symbotic, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Symbotic wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Bitcoin, Nvidia, Target, Volkswagen Ag, and Walmart. The Motley Fool has adisclosure policy.\n3 Growth Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company went public in early 2021, two things stand out. First, Coinbase stock tends to rise and fall along withBitcoin\'s(CRYPTO: BTC)price. Second, simply buying Bitcoin directly on the day Coinbase went public would have yielded a better return.\nBitcoin can flourish if Coinbase fails, but it\'s not likely the other way around. By buying Bitcoin, you expose yourself to the risk that regulators will take actions that permanently hurt your investment. By buying Coinbase stock, you\'ll be exposed to the same risk plus additional regulatory risks that could derail Coinbase\'s business model.\nThe U.S. Securities and Exchange Commission filed a lawsuit against Coinbase in June alleging that the cryptocurrency exchange was illegally operating as a securities exchange, broker, and clearing agency regarding 13 cryptocurrency tokens. A judge this week ruled that the case could move forward to trial, setting up a showdown that could rock the cryptocurrency industry.\nBuying Bitcoin is a bet that Bitcoin will remain relevant in the long run. Buying Coinbase stock is a more complex bet that Bitcoin will remain relevant, centralized exchanges will continue to play an outsized role in what\'s ostensibly a decentralized industry, and Coinbase will survive the regulatory barrage being hurled at it.\nYou only have to be right about one thing for your Bitcoin investment to work out, while you have to be right about a bunch of things for Coinbase stock to deliver solid returns. Given a choice between the two options, buying Coinbase stock looks hard to justify.\nI fall into theWarren Buffett school of thinkingwhen it comes to cryptocurrencies. "Rat poison squared" is one way the Oracle of Omaha has described Bitcoin. But if you feel the need to invest in the cryptocurrency industry, stick with a simple investment in Bitcoin or one of the new Bitcoin exchange-traded funds (ETFs). As risky as it is to invest in Bitcoin, investing in Coinbase is even worse.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nJust Buy Bitcoin Instead of Coinbase Stockwas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company went public in early 2021, two things stand out. First, Coinbase stock tends to rise and fall along withBitcoin\'s(CRYPTO: BTC)price. Second, simply buying Bitcoin directly on the day Coinbase went public would have yielded a better return.\nBitcoin can flourish if Coinbase fails, but it\'s not likely the other way around. By buying Bitcoin, you expose yourself to the risk that regulators will take actions that permanently hurt your investment. By buying Coinbase stock, you\'ll be exposed to the same risk plus additional regulatory risks that could derail Coinbase\'s business model.\nThe U.S. Securities and Exchange Commission filed a lawsuit against Coinbase in June alleging that the cryptocurrency exchange was illegally operating as a securities exchange, broker, and clearing agency regarding 13 cryptocurrency tokens. A judge this week ruled that the case could move forward to trial, setting up a showdown that could rock the cryptocurrency industry.\nBuying Bitcoin is a bet that Bitcoin will remain relevant in the long run. Buying Coinbase stock is a more complex bet that Bitcoin will remain relevant, centralized exchanges will continue to play an outsized role in what\'s ostensibly a decentralized industry, and Coinbase will survive the regulatory barrage being hurled at it.\nYou only have to be right about one thing for your Bitcoin investment to work out, while you have to be right about a bunch of things for Coinbase stock to deliver solid returns. Given a choice between the two options, buying Coinbase stock looks hard to justify.\nI fall into theWarren Buffett school of thinkingwhen it comes to cryptocurrencies. "Rat poison squared" is one way the Oracle of Omaha has described Bitcoin. But if you feel the need to invest in the cryptocurrency industry, stick with a simple investment in Bitcoin or one of the new Bitcoin exchange-traded funds (ETFs). As risky as it is to invest in Bitcoin, investing in Coinbase is even worse.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nJust Buy Bitcoin Instead of Coinbase Stockwas originally published by The Motley Fool', "As of this writing, the overall cryptocurrency market carries a market cap of just under $2.7 trillion. That's up from about $800 billion at the start of 2023. And it's close to record territory of just shy of $3 trillion.\nThere's no question that bullish fever has taken over the cryptocurrency industry. Whether it's positive sentiment in equity markets, or the recent approval ofspotBitcoinETFs, these tailwinds are propelling some of the most speculative tokens to new heights.\nJust in the past month,Shiba Inu(CRYPTO: SHIB)has soared more than 200% (as of March 25). Investors have taken advantage of a monster run-up for this token's price.\nBut can it reach $0.01 by the end of the decade? Let's see if that forecast 34,000-fold rise, from today's price of $0.000029, is a possibility.\nSeeing how strongly the dog-themed predecessorDogecoinwas catching on with the crypto community, Shiba Inu's founders wanted to create a more functional blockchain. Operating on top of theEthereumnetwork, Shiba Inu tokens can be used within its ecosystem ofdecentralized applications.\nThat sounds good in theory, but I suspect not many people deal with these tokens for anything useful. Instead, Shiba Inu's price movements are driven purely by speculative behavior. We're literally seeing this play out over the past month, since there haven't been any fundamental changes to the network.\nThose who are skeptical of the industry will raise questions about the viability of probably every cryptocurrency. The thinking goes that this technology is a solution trying to find a problem to justify its existence. While I don't believe this is the case with a very tiny minority of digital assets, I think it's certainly the case with the vast majority of them. Shiba Inu belongs in that latter category.\nThere are some innovations in the works to bolster Shiba Inu's utility. Shibarium, a layer-2 scaling solution, hopes to speed up transaction processing and lower fees for users. Supporters want this upgrade to result in the crypto gaining more steam in applications like the metaverse and non-fungible tokens.\nBut it doesn't have a sizable developer community working on advancing its progress toward greater utility. This limits its chances of long-term success.\nThere are currently 589 trillion Shiba Inu tokens in circulation. That's a gargantuan figure that is difficult to wrap one's head around. If we assume that Shiba Inu gets to the coveted $0.01 mark, that implies its market cap would equal $5.89 trillion. That seems virtually impossible.\nBitcoin, the world's oldest and most valuable cryptocurrency, has a market cap of $1.4 trillion right now and astronomically greater potential for price appreciation over the long term than Shiba Inu does.\nAt that nearly $6 trillion market cap, Shiba Inu would be more valuable thanMicrosoftandApplecombined. That seems totally unreasonable.\nEven though Shiba Inu isn't likely to soar 34,000-fold over the next six or so years to reach $0.01, it doesn't mean some investors aren't still interested in owning it. Last month's price rise shows the positive feedback loop at play, wherefear of missing out (FOMO) takes hold of speculatorsbefore everything comes crashing down. Gambling on short-term price movements like this is a losing game.\nInvestors who want growth potential in their portfolios should consider Bitcoin as the best crypto to buy. Plus, there are othergrowth tech stocksto look at as well.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCan Shiba Inu Skyrocket to $0.01 by 2030?was originally published by The Motley Fool", 'Several major cryptocurrencies rallied this week amid multiple potential catalysts including strong net inflows into bitcoin ETFs, notable new registration filings for spot Ether ETFs, and an anticipated "bitcoin halving" event in early April.\nWhen all was said and done as of the close of Friday\'s regular session, the price ofBitcoin(CRYPTO: BTC)was up 9.7% on the week, whileEthereum(CRYPTO: ETH)had gained 5.1%. So-called memecoinsDogecoin(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB)also soared 41.2% and 16.5%, respectively, this week.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin eclipsed $71,000 several times this week -- a week after falling below $63,000 -- before settling to trade around $69,500 as of this writing. The world\'s most prominent cryptocurrency was bolstered in part by huge net inflows intobitcoin ETFsexceeding $243.4 million on Thursday.\nOn Wednesday, theARK 21 Shares Bitcoin ETF(NYSEMKT: ARKB)singlehandedly registered net inflows of $200.7 million, becoming the third bitcoin ETF to cross the $200 million mark since the the United States Securities and Exchange Commission (SEC) approved thefirst 13 bitcoin ETFsback in January.\nBitcoin, for its part, has enjoyed an incredible rally dating back to October 2023, which came after months of speculation after the SEC declined to appeal a federal court\'s ruling in August preventing crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto an ETF.\nFor perspective, ETFs can be bought and sold throughout the normal trading day through nearly any online brokerage -- as opposed to requiring investors to set up separate crypto trading accounts with a crypto-specific firm. So ETFs are a much more accessible medium for anyone who wants to put their money to work in cryptocurrencies. The SEC\'s approvals have stood out vote of confidence from a government agency in cryptocurrencies as a legitimate investment option.\nSome investors have also speculated more recently that Etherium ETF approvals could be on the way in the coming months, further bolstering crypto investment options for retail traders. On Wednesday, Fidelity Investments filed a Form S-1 Registration statement for its own spot ETH ETF. Asset Management firm Bitwise followed suit with its own registration statement filing for a similar spot Ether ETF on Thursday.\nMeanwhile, crypto investors are eagerly awaiting a so-called bitcoin halving event scheduled for mid-April -- the fourth such event in bitcoin\'s history, with previous halvings in 2012, 2016, and 2020 -- where bitcoin miners\' reward for solving complex transactions is effectively cut in half to limit the rate at which new bitcoin are introduced into the system until the maximum of 21 million bitcoins have been issued. Bitcoin\'s price has previously skyrocketed following each of the first three bitcoin halving events, so investors have naturally speculated a similar rally could occur next month.\nThe halving event is similar in some ways to a stock split, where a company may reduce its per-share price but commensurately increase the number of shares issued. Splits are a zero-sum event, of course, considering the value of the underlying business remains the same. But many retail investors tend to believe the lower post-split stock price is more attractive. Multiple cryptocurrency market pundits have argued that this halving event should further spur adoption of bitcoin while also limiting supply -- effectively keeping the price of bitcoin high.\n"The halving reminds people that the supply of bitcoin is truly limited and that demand is increasing, driving up the price of bitcoin in the long term," Azteco Chief Marketing Officer David Bailey wrote this week. "As something becomes more valuable, more people will want to use it, and so the cycle continues."\nThere are no guarantees, of course, that the price of bitcoin will rally on the heels of this halving in the near term. But it\'s hardly surprising to see crypto traders embracing the positivity leading up to the event.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Major Cryptocurrencies Soared This Weekwas originally published by The Motley Fool', 'The new spotBitcoin(CRYPTO: BTC)ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on some days have been more than $1 billion.\nOver the short term, these new spot Bitcoin ETFs will help to popularize the idea of cryptocurrency as a stand-alone asset class that deserves a place in your portfolio. Over the longer term, they could serve as the gateway to entirely new types of crypto investment opportunities. Let\'s take a closer look.\nMost likely, Wall Street firms will continue to explore other types of crypto ETFs they can offer customers. If you think of the current batch ofspot Bitcoin ETFsas the "vanilla" form of what Wall Street can offer, then we could soon see more exotic ETFs. There have already been applications for "inverse ETFs" that gain in value if the price of Bitcoin falls, as well as "leveraged ETFs" that enable investors to amplify their Bitcoin gains.\nThe early success of the spot Bitcoin ETFs could lead to similar products for other popular cryptocurrencies. For example, we could see the approval of a new spotEthereum(CRYPTO: ETH)ETF sometime this year. If that gets approved, Wall Street might go hunting for other cryptocurrencies that are ripe for an ETF. Already, there have been murmurs about spot ETFs for bothXRP(CRYPTO: XRP)andSolana(CRYPTO: SOL).\nThat\'s just scratching the surface of what\'s possible. Back in January,BlackRock(NYSE: BLK)CEO Larry Fink told CNBC that the new Bitcoin ETFs could be the stepping stones to asset tokenization. This is a trend that has been discussed for several years, and might just end up becoming one of the biggest transformational changes in Wall Street history.Citigroupprojects asset tokenization to be a $4 trillion market opportunity by 2030, while the Boston Consulting Group (BCG) has identified this as a $16 trillion opportunity.\nBasically, asset tokenization refers to the process of converting traditional assets such as stocks and bonds into digital assets that live on the blockchain. On the surface, that might sound a bit redundant. But there are several big advantages.\nBy tokenizing assets, you can potentially improve transparency, liquidity and yield, while also reducing transaction costs. Moreover, it makes it a lot easier to track who owns what, given the properties of distributed ledger technology.\nAs a proof of concept, BlackRock recently launched a tokenized asset fund on the Ethereum blockchain. The BlackRock USD Institutional Digital Liquidity Fund ("BUIDL") will be backed by a mix of cash, U.S. T-bills, and repurchase agreements. Right now, it looks like the total value of the fund will be $100 million, and access will remain highly limited to qualified investors.\nAfter investing in the fund, institutions will receive a crypto token (called BUIDL) that has some very interesting properties. You can think of it as a stablecoin pegged to the U.S. dollar that is also capable of paying out a daily yield. You can also think of it as a synthetic dollar-denominated asset that is native to the blockchain. In short, it\'s a hybrid of both traditional finance and decentralized finance (DeFi).\nRight now, DeFi is the exclusive domain of crypto enthusiasts and highly sophisticated investors, so the goal is presumably to make this niche of the crypto world more mainstream. The company to watch here isCoinbase Global(NASDAQ: COIN), which created its very own blockchain (Base) last summer. This made Coinbase the first publicly traded corporation with its own private blockchain.\nOne goal of Base is to onboard customers to the world of DeFi without requiring them to know anything at all about DeFi. An example here is the so-called "Magic Spend" smart contract being created by Coinbase that will enable customers to gain access to DeFi investment opportunities (such as crypto staking) using cryptocurrencies they already own.\nThe only caveat, of course, is that the SEC could choose to get involved at any moment. It\'s one thing to launch a vanilla ETF, but another thing entirely to launch exotic crypto investments that might end up burning the uninformed investor. For example,if the SEC doesn\'t like the idea of crypto staking, it\'s hard to see how they\'re going to sign off on something called "Magic Spend."\nAs a prudent investor, you should certainly do your own due diligence before investing in any of these new products. Given that some of these products blur the line between traditional finance and decentralized finance, you need to fully understand what you\'re buying.\nThat being said, the new spot Bitcoin ETFs are an exciting first step. There\'s a lot more to come. For now, the companies I\'m keeping an eye on are BlackRock and Coinbase. They seem to be at the forefront of what\'s happening next in the race to create entirely new digital assets.\nShould you invest $1,000 in BlackRock right now?\nBefore you buy stock in BlackRock, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCitigroup is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\nAre Spot Bitcoin ETFs Just the Beginning for Wall Street?was originally published by The Motley Fool', 'The new spotBitcoin(CRYPTO: BTC)ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on some days have been more than $1 billion.\nOver the short term, these new spot Bitcoin ETFs will help to popularize the idea of cryptocurrency as a stand-alone asset class that deserves a place in your portfolio. Over the longer term, they could serve as the gateway to entirely new types of crypto investment opportunities. Let\'s take a closer look.\nMost likely, Wall Street firms will continue to explore other types of crypto ETFs they can offer customers. If you think of the current batch ofspot Bitcoin ETFsas the "vanilla" form of what Wall Street can offer, then we could soon see more exotic ETFs. There have already been applications for "inverse ETFs" that gain in value if the price of Bitcoin falls, as well as "leveraged ETFs" that enable investors to amplify their Bitcoin gains.\nThe early success of the spot Bitcoin ETFs could lead to similar products for other popular cryptocurrencies. For example, we could see the approval of a new spotEthereum(CRYPTO: ETH)ETF sometime this year. If that gets approved, Wall Street might go hunting for other cryptocurrencies that are ripe for an ETF. Already, there have been murmurs about spot ETFs for bothXRP(CRYPTO: XRP)andSolana(CRYPTO: SOL).\nThat\'s just scratching the surface of what\'s possible. Back in January,BlackRock(NYSE: BLK)CEO Larry Fink told CNBC that the new Bitcoin ETFs could be the stepping stones to asset tokenization. This is a trend that has been discussed for several years, and might just end up becoming one of the biggest transformational changes in Wall Street history.Citigroupprojects asset tokenization to be a $4 trillion market opportunity by 2030, while the Boston Consulting Group (BCG) has identified this as a $16 trillion opportunity.\nBasically, asset tokenization refers to the process of converting traditional assets such as stocks and bonds into digital assets that live on the blockchain. On the surface, that might sound a bit redundant. But there are several big advantages.\nBy tokenizing assets, you can potentially improve transparency, liquidity and yield, while also reducing transaction costs. Moreover, it makes it a lot easier to track who owns what, given the properties of distributed ledger technology.\nAs a proof of concept, BlackRock recently launched a tokenized asset fund on the Ethereum blockchain. The BlackRock USD Institutional Digital Liquidity Fund ("BUIDL") will be backed by a mix of cash, U.S. T-bills, and repurchase agreements. Right now, it looks like the total value of the fund will be $100 million, and access will remain highly limited to qualified investors.\nAfter investing in the fund, institutions will receive a crypto token (called BUIDL) that has some very interesting properties. You can think of it as a stablecoin pegged to the U.S. dollar that is also capable of paying out a daily yield. You can also think of it as a synthetic dollar-denominated asset that is native to the blockchain. In short, it\'s a hybrid of both traditional finance and decentralized finance (DeFi).\nRight now, DeFi is the exclusive domain of crypto enthusiasts and highly sophisticated investors, so the goal is presumably to make this niche of the crypto world more mainstream. The company to watch here isCoinbase Global(NASDAQ: COIN), which created its very own blockchain (Base) last summer. This made Coinbase the first publicly traded corporation with its own private blockchain.\nOne goal of Base is to onboard customers to the world of DeFi without requiring them to know anything at all about DeFi. An example here is the so-called "Magic Spend" smart contract being created by Coinbase that will enable customers to gain access to DeFi investment opportunities (such as crypto staking) using cryptocurrencies they already own.\nThe only caveat, of course, is that the SEC could choose to get involved at any moment. It\'s one thing to launch a vanilla ETF, but another thing entirely to launch exotic crypto investments that might end up burning the uninformed investor. For example,if the SEC doesn\'t like the idea of crypto staking, it\'s hard to see how they\'re going to sign off on something called "Magic Spend."\nAs a prudent investor, you should certainly do your own due diligence before investing in any of these new products. Given that some of these products blur the line between traditional finance and decentralized finance, you need to fully understand what you\'re buying.\nThat being said, the new spot Bitcoin ETFs are an exciting first step. There\'s a lot more to come. For now, the companies I\'m keeping an eye on are BlackRock and Coinbase. They seem to be at the forefront of what\'s happening next in the race to create entirely new digital assets.\nShould you invest $1,000 in BlackRock right now?\nBefore you buy stock in BlackRock, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nCitigroup is an advertising partner of The Ascent, a Motley Fool company.Dominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, Solana, and XRP. The Motley Fool has adisclosure policy.\nAre Spot Bitcoin ETFs Just the Beginning for Wall Street?was originally published by The Motley Fool', 'The "Magnificent Seven" stock club is almost a year old now, and some ofthe predictions that originally inspired itare playing out as expected. The "baby bubble" thatBank of Americaanalyst Michael Hartnett foreshadowed in May 2023 is losing some air.\nI\'m looking at you,Tesla(NASDAQ: TSLA)andApple(NASDAQ: AAPL).\nThe electric vehicle pioneer and the iPhone maker have underperformed theS&P 500(SNPINDEX: ^GSPC)index since the term Magnificent Seven entered Wall Street\'s lexicon. In fact, Apple investors have lost money on the stock since Hartnett first used the classic Western movie title in a public report.\nThey are still business giants with popular products and trendsetting market footprints. Apple holds on to its trendsetting status by sheer scale -- not many stocks can claim a $2 trillion market cap, after all.\nYet it might be time someday soon to rethinkthe Magnificent Seven components. Apple can regain its seat with another round of game-changing innovations and unheard-of product ideas (the Vision Pro headset probably won\'t do that job in 2024).\nAnd I think it\'s time to give the crypto market a seat at the Magnificent table. History suggests -- supported by planned technical upgrades to leading cryptocurrency systems -- that another massive price surge is coming up soon. To shrug off this incoming surge as if nothing is happening would be a big mistake.\nThat\'s why I\'d like to print a Magnificent Seven membership card forCoinbase Global(NASDAQ: COIN), North America\'s leading crypto exchange and digital assets promoter.\nThe Magnificent Seven combine amazing innovation and financial might. They dominate large-scale global markets with pioneering technologies and robust investment in research and development (R&D). As undisputed leaders in their fields, their significant impact on market indexes and clear growth trajectories can shape the future economy.\nCoinbase fits that description to a T. In fact, I would argue that the crypto wrangler\'s growth trajectory and R&D spending leave Apple far behind.\nThe company stands at the heart of the cryptocurrency revolution, perfectly placed to capitalize on these upcoming industry milestones:\n• With the upcomingBitcoin(CRYPTO: BTC)halving, historical trends hint at a potential uptick in market activity, drawing attention across the cryptocurrency landscape. This event, along withEthereum\'s(CRYPTO: ETH)stepwise upgrades toward a more scalable network, signals a pivotal moment for blockchain technologies.\n• The growing interest in Web3, with its focus on privacy, decentralized finance, and a more user-centric internet, further highlights the sector\'s potential for expansion. These innovations should generate increased market activity and broader investor interest over time. As a key platform offering access to important Web3 cryptocurrencies such as Bitcoin, Ethereum, andPolkadot(CRYPTO: DOT), Coinbase will undoubtedly benefit from this trend.\n• And the introduction of Bitcoin spot-price exchange-traded funds marks a significant leap toward integrating cryptocurrencies into the mainstream financial ecosystem. These developments not only underscore the market\'s maturity but also widen the investor base, channeling more transactions through platforms like Coinbase. Old-school banks are not ready to offer crypto transactions or digital wallets yet, giving Coinbase a huge head start in a digital economy.\nIn this rapidly evolving landscape of digital assets, Coinbase is strategically positioned to leverage the anticipated growth and increased adoption of cryptocurrencies. These technological advancements and regulatory milestones set the stage for an intense crypto drama over the next couple of years.\nGame-changing success is never easy, and Coinbase also faces many difficult challenges.\nThe regulatory rule book can change in a heartbeat, perhaps moving in different directions across various countries. The real-world pricing effects of Bitcoin halvings have been predictable so far, but there\'s no certainty that the next one will unleash the same results. Quantum computing might break the encrypted security model of Bitcoin, Ethereum, and other leading cryptocurrencies, forcing a brand-new technical design in the long run.\nI could go on, but you get the picture: Coinbase\'s near-term and long-term success could be quite likely, but I can never call it "guaranteed."\nBut that\'s why they play the game, right?\nOne investor\'s best idea can be another\'s darkest nightmare, and the price of any stock or cryptocurrency is negotiated to settle their differences of opinion. In the long run, the underlying business proves who\'s right and who\'s wrong. And in this case, I think Coinbase\'s growth prospects should lead to impressive shareholder gains in 2024 and beyond.\nAnd Coinbase will do it in a market-defining way with a heavy dose of innovation. That makes it a robust "Magnificent" candidate, ready to step in if and when Apple misplaces its membership card.\nAdding Coinbase to the Magnificent Seven vernacular just before the crypto market takes off again could make Wall Street analysts look like prophetic geniuses for a while. So move over, Apple, I think it\'s time to hand that seat over to Coinbase -- at least for a while.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nAnders Bylundhas positions in Bitcoin, Coinbase Global, Ethereum, and Polkadot. The Motley Fool has positions in and recommends Apple, Bitcoin, Coinbase Global, Ethereum, and Tesla. The Motley Fool has adisclosure policy.\nForget Apple: I Think This Stock Should Replace It in the "Magnificent Seven"was originally published by The Motley Fool', "Cryptocurrency may be controversial, but it has also become one of the most popular investment types. Nearly one-quarter (24%) of investors own crypto, according to a recentinvesting studyby The Motley Fool. That puts it ahead of bonds, index funds, and several other investment products.\nNot every age range feels the same about crypto. Here's a look at which generation is most likely to invest in it and how to decide if you should do the same.\nMillennials are the generation most likely to invest in crypto, and it's not a close race. Here's the percentage of each generation that said they own cryptocurrency:\n• Gen Z:22%\n• Millennials:43%\n• Gen X:23%\n• Baby boomers:8%\nCryptocurrency is a relatively recent investment option, so for the most part, these results are what you'd expect. Millennials are much more open to it than any other group, and baby boomers largely avoid it. The biggest surprise is Gen Z. As a whole, these young investors seem to be far more skeptical about crypto than millennials.\nCryptocurrency investing is a rollercoaster. These are extremely volatile assets, so large price swings are par for the course. Some large cryptocurrencies have failed entirely, withTerraform's Lunabeing one notable example. There have also been crypto exchanges, including FTX, that have gone under.\nThe bottom line is that crypto is a high-risk investment. It could be high-reward, too, but don't buy in expecting it to make you rich.\nBecause of how unpredictable and unproven crypto is, it shouldn't be your only investment or make up a large part of your portfolio. But there's nothing wrong with investing in it if you believe it has potential or you want to dabble in something more exciting. If you decide to invest, here are a few smart rules to protect yourself:\n• Don't put more than 5% of your portfolio in crypto.For example, if you have $20,000 in investments, stick to $1,000 or less in cryptocurrency. Any higher, and you're taking on too much risk with your investments.\n• Keep most of your money in safer investments.Stocks are one of the best options. The stock market has historically averaged a return of about 10% per year over the last 50-plus years.\n• Only invest money you can afford to lose.This way, you won't be in financial trouble if your investment drops in value, which happens often with crypto.\n• Plan to buy and hold for at least five to 10 years.The cryptocurrency market has gone through several bull and bear cycles. You're more likely to be successful if you're willing to wait out down periods.\nNow that the SEC has approved Bitcoin (BTC) ETFs, it's easier than ever to invest in crypto. If you already have an account with a stock broker, check if it offers cryptocurrencies or Bitcoin ETFs. If so, the most convenient option would be to invest through your current brokerage account.\nThe other option is to open an account with a crypto trading platform. You can compare the top options on The Ascent's list of the best crypto exchanges and apps.\nYou'll also need to decide which cryptocurrencies you want to buy. Bitcoin was the first cryptocurrency and, while still risky, is lower risk than other cryptocurrencies. You may also want to check out altcoins (cryptocurrencies other than Bitcoin) to see if any others look like interesting investments to you.\nOnce you've found a place to buy cryptocurrency and you know which ones you want, you can add money to your investment. Whether you decide to make a one-time investment or to do it regularly, remember not to put too much of your money into crypto. It's fine to have a little money in longshot investments, but most of your portfolio is better off in safer assets.\nThis credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee!Click here to read our full reviewfor free and apply in just 2 minutes.\nWe're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Lyle Dalyhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhich Generation Is Most Likely to Invest in Crypto?was originally published by The Motley Fool", 'Are you looking for ways toget into cryptocurrencythat don’t require spending any money? Investing in Bitcoin can be risky because of the\xa0volatility of the cryptocurrency market, but there are a variety of ways to earn some crypto on the side.\nCheck Out:6 Best ChatGPT Prompts To Find Your High-Income Side GigDiscover More:7 Unusual Ways To Make Extra Money (That Actually Work)\nHere are some o Last 60 Days of Bitcoin's Closing Prices: [42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-30 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,373,010,829,206 - Hash Rate: 640501144.9474928 - Transaction Count: 490072.0 - Unique Addresses: 614851.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday. • Given the market's thin liquidity, it could have had an outsized impact on bitcoin's price. Bitcoin's rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin's price. On-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.) "Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin's all-time high like on Tuesday." Park said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders. When that sell-off finally ended,bitcoin had bottomed outat $3,850. "That time, it was also miners," Park continued.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investors and traders may be congratulating themselves for a great first quarter.\nBut the smart money already is looking at what\'s coming next for stocks and the economy.\nBulls are in firm control of U.S. and most global markets. One could see them at work in futures trading late Sunday.\xa0Stock-index futures were uniformly higher, a sign that markets will open higher on Monday.\nThe bullishness is the result of the strength of the five-month old stock rally.\nThere were record closes on March 28 for the Standard & Poor\'s 500 Index and the Dow Jones Industrial Average and continued strength in stocks in the Nasdaq Composite.\nAt the same time, interest rates appear to have stabilized, and many analysts say markets can handle the Federal Reserve\'s patient policy toward cutting interest rates. (The Fed\'s mantra seems to be: "Yes, we\'ll cut\xa0—\xa0when we\'re ready.")\nA key inflation reading on Friday was above the Fed\'s goal of 2% inflation, but no one seemed terribly concerned about it. Early trading in oil futures suggests price increases are slowing for now.\nRelated: The Fed\'s stock market influence, like inflation pressure, continues to fade\nWhile investors will be watching overall markets closely, two other events this week will demand attention:\n• The bitter, emotional proxy fight for control of Walt Disney(DIS).\n• The monthly jobs report due Friday before U.S. markets open. The report can quickly move markets up or down.\nThe expectation on the jobs report is the U.S. unemployment rate held steady in March at 3.9%, with nonfarm payrolls growing by 205,000. A big gain could spook bond markets and send interest rates higher — and stocks lower.\nMonday\'s markets will also function as a report card on the March 28 report on consumer inflation.\nThe Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nHow good was the market in March?\nThe S&P 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P 500 set eight\xa0closing highs during the month and 22 in the first quarter. The Dow hit three (with a total of 17 year-to-date). Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month and 9.1% in the quarter.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials, up 6.2%.\nThe weakest sector was Consumer Discretionary, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month; retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChipmaker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It\'s still up 82.5% on the year.\nBitcoin finished March (on Sunday) at $71,024, up 14.4% for the month and 67% for the year.\nThe close, however, was 3.3% below bitcoin\'s closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat gives bulls optimism are four factors:\n• There are few signs the stock market is overbought. Relative-strength indexes are below levels that get traders\' attention.\n• There won\'t be a government shutdown.\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn\'t appear interested in raising them either. The 10-year Treasury yield moved up to as high as 4.33% from 3.9% at the end of 2023 but drifted back to 4.2% at month\'s end.\nThe big risks: An angry, disputed U.S. election in the fall and the risk of widening war in Europe or the Middle East.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will grab eyes and ears this week all the way into Disney\'s annual meeting, which starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday.\nThat\'s when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can\'t poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney\'s shares, and they may well decide the battle.\nSome small investors are in the game just to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and haven\'t sold.\nThe Disney fight is primarily with Trian Fund Management, led by the activist investor Nelson Peltz. Trian controls 1.8% of Disney\'s shares and wants to vote Peltz and a former Disney executive, Jay Rasulo, onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nThe fight gets more expensive by the day.\nPeltz has estimated he\'s spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about what he thinks of the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney\'s Marvel unit did produce "Black Panther" in 2018, which grossed $1.3 billion worldwide.\nPresumably, either of the groups trying to get on Disney\'s board would advocate strongly for trimmed production spending for Disney\'s entertainment assets and lower operating costs for its theme parks. And they\'d seek greater direct returns to shareholders.\nShutterstock\nDisney\'s shares struggled between an early 2021 peak of about $200, falling to as low as $79.33 on Oct. 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney closed at $122.36 on\xa0March 28, the last day of trading for the month.\xa0Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor\'s 500 Index.\nThe shares are up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Sunday, theAmerican Automobile Association\'s daily price surveyshowed the national price of regular unleaded gasoline at $3.535 a gallon, basically flat for the past 10 days but up 13.6% this year.\nOnly 137 fourth-quarter-earnings reports are due this week. Among the biggest is payroll-services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year earlier.\nThe first-quarter-earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; its shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024', "In theory, looking ahead at markets this week should be focusing on the big quarter just ended and what the prospects are for stocks and the economy.\nIn theory.\nBut a lot of attention will be paid to the bitter, emotional proxy fight for control of the Walt Disney Co.(DIS).\nAt the same time, there\xa0is a huge report that will move markets this week: the monthly jobs report due Friday before U.S. markets open.\nThe expectation is for the U.S. unemployment rate to hold at 3.9%, with non-farm payrolls growing by 205,000.\xa0 A big gain could spook bond markets and sent interest rates higher\xa0— and stocks lower.\nRelated: The Fed's stock market influence, like inflation pressure, continues to fade\nIn addition, Monday's markets will have to weigh whether a Friday report was good or bad. The Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nFed Chairman Jerome Powell said the numbers were in line with estimates. Markets won't weigh in until Sunday night.\nHow good was the market in March?\nThe Standard & Poor's 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P set eight new closing highs during the month. The Dow hit three. Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials up 6.2%.\nThe weakest sector was Consumer Discretionary stocks, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month, retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChip maker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It's still up 82.5% on the year.\nBitcoin finished March at $71,024, up 14.4% for March and a whopping 67% for the year.\nThe close on Sunday, however, was 3.3% below its closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat's next? Higher, most analysts believe.\nThere is great confidence among traders that the stock-market rally that started in October has the power to continue\xa0— absent a war or another bitterly fought federal election season like 2020.\nTwo factors one hears the traders cite:\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn't appear interested in raising them either. The 10-year Treasury yield moved up to about 4.33% from 3.9% at the end of 2023 but drifted back to 4.2%.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will increasingly grab eyes and ears all the way into Disney's annual meeting that starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday. That's when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can't poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney's shares, and they may well decide the battle.\nSome small investors are just in the game to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and just haven't sold.\nThe Disney fight is primarily between Trian Fund Management, managed by activist investor Nelson Peltz. Trian controls 1.8% of Disney's shares wants to vote Peltz and former Disney executive Jay Rasulo onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as the Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nPeltz has estimated he's spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney's Marvel unit did produce Black Panther in 2018, which grossed $1.3 billion world-wide.\nPresumably, either of the groups trying to get on the Disney board would advocate strongly for trimmed production spending for Disney's entertainment assets and lower operating costs for its theme parks. And greater direct returns to shareholders.\nShutterstock\nDisney's shares have struggled since peaking at about $200, in early 2021, falling to as low as $79.33 on October 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney's price as of March 28 was $122.36. Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor's 500 Index.\nMoreover, it's up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Saturday, theAmerican Automobile Association's daily price surveyshowed the national price of regular unleaded gasoline at $3.536 a gallon.\nOnly 137 fourth-quarter earnings reports are due this week. Among the biggest is payroll services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year ago.\nThe first-quarter earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'The crypto market has cooled off ever sinceBitcoin(CRYPTO: BTC)hit a new all-time high of $73,750 in mid-March, but the growing consensus is that this is just a temporary breather until the next big catalyst emerges. With that in mind, now could be a unique buying opportunity for cryptos ready to surge higher later this year.\nTwo cryptos that particularly stand out are Bitcoin andEthereum(CRYPTO: ETH). Both have enormous long-term upside potential, and both have near-term catalysts in place. Let\'s take a closer look at why Bitcoin and Ethereum should be on your radar right now.\nNo surprises here, but Bitcoin is at the very top of my "buy ASAP" list. That\'s because a major event for Bitcoin -- the halving -- is fast approaching. It\'s now scheduled to take place on April 19, and when it does, the price of Bitcoin could absolutely skyrocket. The growing consensus is that the halving could be the big catalyst that\'s needed to push Bitcoin past the $100,000 price level.\nIn fact, many investment analysts are now ratcheting up their price forecasts for Bitcoin. Standard Chartered, for example, has raised its 2024 price forecast from $100,000 to $150,000. Investment firm Bernstein recently raised its 2025 price forecast to $150,000. And Cathie Wood of Ark Invest has repeatedly raised her Bitcoin forecast, from $1 million to $1.5 million to $2.3 million and now $3.8 million.\nJust keep in mind, there is no guarantee that this year\'s halving cycle will be as impactful as previous ones. However, it\'s hard to ignore the historical track record for Bitcoin. There have been three previous halving cycles (in 2012, 2016, and 2020), and each one has led to new all-time highs for Bitcoin. As a result, there is a compelling case for buying Bitcoin ASAP before the 2024 halving cycle really kicks in.\nEthereumalso has a near-term catalyst that makes it a "buy ASAP" candidate. This is the potential launch of new spot Ethereum exchange-traded funds (ETFs). According to Bloomberg, there is a nearly 35% chance of this happening by the end of May.\nIf these spot Ethereum ETFs come anywhere close to the success of the newspot Bitcoin ETFs, then watch out. That\'s because the Bitcoin ETFs have been extraordinarily successful in persuading both retail and institutional investors to move their money into crypto. At one point in mid-March, the net inflows into these ETFs were running at the rate of over $1 billion per day. And that has helped to send the price of Bitcoin surging.\nThe same phenomenon could occur with Ethereum. Long story short, approval by the Securities and Exchange Commission (SEC) of a new investment product could unlock a huge inflow of new money into Ethereum. Granted, these Ethereum ETFs may never garner as much investor demand as the Bitcoin ETFs, but they will help to put a nice floor under the price of Ethereum for the foreseeable future. As investors ratchet up their allocations to Ethereum over time, the floor will continue to rise.\nAt this point, both Bitcoin and Ethereum probably sound like slam dunk investments. They both have surged in price more than 55% this year. They both have very near-term catalysts in place. And both have long historical track records that make them seem "safer" than other more speculative crypto investments.\nMy only concern is that the SEC could step in at any moment and put a real damper on the current crypto euphoria. The SEC could, for example, decide that it will not approve any more crypto ETFs. In addition, it might revisit the whole debate over whether or not Ethereum is actually a security, and that would likely take away any chance of seeing an Ethereum ETF before the start of summer. To use a common Wall Street metaphor, the SEC would be taking away the punch bowl before the party really gets going.\nThat\'s why I\'m also focusing on the long-term allure of Bitcoin and Ethereum. Together, they account for nearly 70% of the value of the entire crypto market, and for good reason. They are both market leaders with real-world use cases and extensive blockchain ecosystems. Their pace of usage and growth will only accelerate over time, and as a result, I\'m willing to buy them now and hold on for the long term.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n2 Cryptos I\'m Buying ASAP and Holding for the Long Termwas originally published by The Motley Fool', 'Cathie Wood of Ark Invest continues to ratchet up her price forecasts forBitcoin(CRYPTO: BTC). At the recent Bitcoin Investor Day event in New York City, Wood boosted her 2030 Bitcoin price forecast to $3.8 million from an already lofty figure of $1.5 million. Given today\'s price in the neighborhood of $70,000, that would be an eye-popping gain of about 5,300% within just six years.\nOn the face of it, the prediction sounds outlandish. However, there are two key catalysts that could eventually make it a reality.\nThe primary factor pushing Bitcoin to previously unthinkable heights is stronger than expected institutional adoption. Quite simply, large institutional investors are waking up to the idea of Bitcoin as a stand-alone asset class worthy of inclusion in their portfolios. With the launch of the newspot Bitcoin exchange-traded funds (ETFs), they now have a regulated way to invest in Bitcoin without having to participate directly in the crypto market.\nThe investor flows into the new spot Bitcoin ETFs since January have been nothing short of breathtaking. The top two spot Bitcoin ETFs have together accumulated more than $25 billion in customer assets in just over two months. And the newArk 21Shares Bitcoin ETF(NYSEMKT: ARKB)hasn\'t done too shabbily, either, with nearly $3 billion in assets under management. Granted, some of this money is coming from small retail investors, but the lion\'s share is coming from institutional investors.\nThe big question, of course, is just what fraction of their assets these institutional investors will choose to allocate to Bitcoin over time. Right now, the prudent allocation range is viewed as 1% to 3%. ButWoodthinks that this allocation will eventually rise to well over 5%. That percentage would be high enough, she asserts, to push Bitcoin past the $1.5 million mark.\nFor Bitcoin to hit its full potential, though, something more is needed. From my perspective, it\'s highly unlikely Bitcoin can get to $3.8 million if people are just hoarding it and holding on for dear life. People actually need to be doing something with their Bitcoin. In crypto lingo, Bitcoin needs to have some sort of utility.\nThat\'s why Ark Invest has consistently focused on all of the potential use cases for Bitcoin. From a macro perspective, growth in these use cases will drive greater demand for Bitcoin, which should buoy its price. In Ark Invest\'s "Big Ideas 2023" report, the investment firm outlined eight key use cases for Bitcoin, projected their growth potential, and then aggregated the market size of each for the year 2030. That\'s how Ark Invest arrived at its $1.5 million price target for Bitcoin.\nRapid price appreciation can only happen, says Wood, if Bitcoin becomes a "financial superhighway" for the world\'s banking and financial system. The construction of such a financial superhighway would be of particular importance, says Wood, to emerging market nations. So you can imagine a Bitcoin superhighway traversing Latin America or connecting the nations of sub-Saharan Africa.\nWhile this sounds inspiring, just how realistic is this scenario? After all, Bitcoin remains a relatively slow, proof-of-work blockchain that was never designed to handle smart contracts. It\'s not as fast as other blockchains, not as energy-efficient as other blockchains, and not as flexible or scalable as other blockchains. And that\'s why all the use cases that were originally projected for Bitcoin -- such as the scenario that one day we\'d all be paying for everything we buy with Bitcoin -- have not come true.\nFrom my perspective, it would be much better to build a financial superhighway using a super-fast, super-cheap blockchain such asSolana(CRYPTO: SOL). EvenCardano(CRYPTO: ADA)might be a better choice, especially given the inroads it has made in sub-Saharan Africa. So I\'m not quite as ready to embrace this financial superhighway view of Bitcoin as I was to embrace former Vice President Al Gore\'s "information superhighway" view of the internet.\nThe ability of Bitcoin to hit a $3.8 million price target depends on whether it can continue to deliver historically high returns to investors. Working backward, and doing just a few back-of-the-envelope calculations, Bitcoin would have to deliver annualized returns of just over 100% to hit a $3.8 million price by 2030.\nGranted, Bitcoin has done this before. Over the 10-year period from 2001-2011, Bitcoin delivered annualized returns of 230%, making it the top-performing asset in the world. And just last year, Bitcoin turned in a blistering performance of 150%. So I\'m not saying that Bitcoin can\'t return 100% per year.\nBut, at some point, you have to tamp down your expectations and cut through some of the current Bitcoin ETF euphoria. While I remain highly bullish on Bitcoin\'s prospects, I\'m also concerned that some of these price predictions are getting ratcheted up too high, too quickly.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin and Cardano. The Motley Fool has positions in and recommends Bitcoin, Cardano, and Solana. The Motley Fool has adisclosure policy.\nThis Crypto Could Soar 5,300% by 2030, According to Cathie Wood of Ark Investwas originally published by The Motley Fool', 'Even withBitcoin(CRYPTO: BTC)soaring to new heights, and all the new enthusiasm surrounding the new spot Bitcoin exchange-traded funds (ETFs), the crypto industry is still struggling to attract new investors. According to theMotley Fool Ascent\'s 2024 Cryptocurrency Investor Trends Survey, the core demographic for crypto remains Gen Z and young millennial men.\nThat\'s particularly surprising, given that we keep hearing about crypto finally going mainstream. Even more surprising, one of the reasons offered by the skeptics for not investing in crypto is that it\'s too expensive. That\'s simply not the case. Here\'s why.\nThere are various ways to interpret cost as the reason for not investing in crypto. But probably the most likely interpretation is something that can only be described as Bitcoin sticker shock. Imagine the scenario: You finally make up your mind to buy a little Bitcoin, but you check the current price, and it\'s well above $70,000. Immediately, you decide that Bitcoin is not for you.\nBut that\'s a remarkably short-sighted view of the matter. For one, you don\'t have to buy a whole Bitcoin. It\'s just as simple to buy afractional share. In fact, many popular crypto trading platforms allow you to trade with as little as $1. For that small amount of cash, and given today\'s prices, you can be the proud owner of .00001 of a Bitcoin.\nSo buying Bitcoin is not like buying a brand-newTeslaCybertruck. Both might cost roughly the same, but there\'s absolutely no way you\'re driving a fractional Tesla Cybertruck off the lot.\nEven if you\'re averse to buying fractional shares of Bitcoin, there are still ways to bring down the cost of Bitcoin ownership. For example, you could get exposure to Bitcoin through any of the new spot Bitcoin ETFs. These track the performance of Bitcoin, and the two most popular spot Bitcoin ETFs -- theiShares Bitcoin Trust(NASDAQ: IBIT)and theFidelity Wise Origin Bitcoin Trust(NYSEMKT: FBTC)-- are still priced below $70. If you\'re dealing with Bitcoin sticker shock, this much lower entry price for a crypto ETF might be enough to help you get past the psychological barrier of a very high Bitcoin price.\nAnother way to interpret the "too expensive" excuse is that investors perceive Bitcoin to be overvalued at its current price. Given that Bitcoin just hit a new all-time high of $73,750 in mid-March, it\'s easy to see why some people might think it\'s better to wait for a pullback in price so that they can buy Bitcoin at a discount.\nWhile buying the dip is certainly a valid strategy for buying Bitcoin, I don\'t think most people have this in mind. Instead, they are probably thinking that it\'s simply too late to invest in Bitcoin. After all, Bitcoin has been on a meteoric rise from $1 to $70,000 during the past decade or so, and many might conclude that Bitcoin doesn\'t have as much upside potential over the next decade.\nBut that\'s not what the conventional thinking is on Wall Street right now. The growing consensus is that Bitcoin will hit $100,000 by the end of 2024, and $150,000 by the end of 2025.\nAnd from there, the sky\'s the limit. According to Cathie Wood of Ark Invest, the price of Bitcoin could hit $3.8 million by 2030. If you invest now, there\'s still the potential to make a nearly 50-fold return on your investment! So if anything, Bitcoin is undervalued, not overvalued, at its current price.\nThe real drawback to the argument that Bitcoin is overvalued is that it tends to force people into buying really, really, really cheap meme coins. With a few exceptions, many of these meme coins trade for well under $1. For example,Shiba Inu(CRYPTO: SHIB)trades for an unbelievably low price of just $0.00003.\nBut does anyone really think Shiba Inu is a better investment than Bitcoin? Does anyone really believe that loading up on dog-themed meme coins is a better long-term play than buying fractional shares of Bitcoin? If the answer is "yes," then I have a simple response: You get what you pay for.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of March 25, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has adisclosure policy.\nSome Skeptics Say Crypto Is Too Expensive. I Disagree, and Here\'s Why.was originally published by The Motley Fool', 'In this article, we will take a detailed look atInsiders Are Dumping These 12Financial Stocks.For a quick overview of such stocks, read our articleInsiders Are Dumping These5Financial Stocks.\nSeveral market analysts and experts now believe the stock market is headed for a pullback. They say valuations are stretched and the AI-led rally has gone too far and warrants a breather. A majority of investors in CNBC’s latest Delivering Alpha Stock Survey said the market is nearing a pullback. According to a latest Wall Street Journal report, Lori Calvasina at RBC Capital Markets said that they believe the current sentiment is “stretched” and a pullback in stocks is “overdue.” What direction the market takes in the coming weeks and months would depend Q1’2024 earnings. However, some analysts are seeing the expected pullback as a buying opportunity.\nPiper Sandler said in a latest report that it expects a “healthy” market correction” if macro data comes in weaker than expected.\n“We remain constructive with the view that lower rates from softer macro data will set up stocks for another leg higher in the coming quarters,” Piper Sandler analysts said.\nBank and financial stocks would be in the limelight in the coming weeks as the Fed prepares to start cutting interest rates. Deloitte said in areportearlier this year that elevated interest rates have been a “boon” for banks, with banks in America and Canada seeing a whopping 18% YoY increase in net interest income in 2022. However, the report said that margins took a hit amid rising costs of interest-bearing deposits for US banks. The report said that banks will have to find ways to boost their noninterest income this year:\n"Banks should prioritize noninterest income in 2024 to make up for the shortfall in net interest income. Noninterest income is expected to grow meaningfully in the next few years.\xa0Most banks will seek to raise fee income through a variety of channels, but they may face some constraints in doing so. Consumer-focused fees, such as overdraft fees, nonsufficient funds fees, and credit card late fees, could attract regulatory scrutiny.\nPhoto by AlphaTradeZoneMethodology\nIn this article we will take a look at some financial stocks that recently saw insider selling activity. For that we used Insider Monkey\'s insider trading screener to find financial stocks (banks, financial services companies, insurance companies, crypto companies) that saw insider selling over the past few weeks. From these we picked 12 stocks with the highest insider selling activity in terms of dollar value. Some top names in the list include Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME). \xa0But why is it important to keep tabs on hedge fund and insider activity? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund Investors: 3\nBitcoin mining company Stronghold Digital Mining CEO Gregory A. Beard on March 18sold35,896 shares of the company at $3.96 per share. Since then the stock is up 6%. The company\'s Senior VP Richard Shaffer on March 18 also sold 2,083 shares of the company at $3.96 per share.\nIn addition to SDIG, Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME) are also seeing insider selling activity.\nNumber of Hedge Fund Investors: 7\nFinancial services company NewtekOne Inc (NASDAQ:NEWT) is one of the financial stocks with recent insider selling activity. Salvatore Francis Mulia, a board member at NewtekOne Inc (NASDAQ:NEWT),dumped750 shares of NewtekOne Inc\xa0(NASDAQ:NEWT)\xa0on March 21 at $10.71 per share. Since then the stock price is almost flat.\nAs of the end of the last quarter of 2023, seven hedge funds out of the 933 funds tracked by Insider Monkey had stakes in NewtekOne Inc\xa0(NASDAQ:NEWT).\nIn a recent earnings call the company talked about guidance:\n"We’re excited about our 2024 forecast. We’re losing some amortization and depreciation. Pre-tax income jumped of hopefully 16 million for the calendar year, up from 12.9 million in the year [indiscernible]. The insurance agency, a nice increase. Now, the insurance agency and the payroll business are going to be benefiting from the bank relationship. So we hope to a) open up a ton of accounts where people looking to insure themselves, they see it, it’s there. We’ll talk in future calls about the connectivity between the agency and the lender, the connectivity between the payroll company and the lender, and both these entities in connection to the bank. Both of these entities are held up at NewtekOne at the HoldCo. Slide number 23, basically the key financial metrics projections for 2023 in the model, what we had for 2024 projection and forecast and what we did for 2023 for the quarter and the fourth and for the full year in 2023.\nRead thefull earnings call transcript here.\nNumber of Hedge Fund Investors: 13\nCryptocurrency-related platform and services company Bitcoin Depot Inc\xa0(NASDAQ:BTM)\xa0is one of the stocks in the financial industry that recently saw insider selling activity. Bitcoin Depot Inc\'s (NASDAQ:BTM)\xa0COO Scott Buchanan on March 21sold15,488 shares of Bitcoin Depot Inc\xa0(NASDAQ:BTM)\xa0at $2.59 per share. Since then through March 26 the stock has lost about 17% in value.\nAs of the end of the fourth quarter of 2023, 13 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Bitcoin Depot Inc (NASDAQ:BTM). Like BTM, Coinbase Global Inc (NASADQ:COIN), Mastercard Incorporated (NYSE:MA) and CME Group Inc (NASDAQ:CME) also recently saw insider selling.\nNumber of Hedge Fund Investors: 15\nArkansas-based bank holding company Home Bancshares Inc (NYSE:HOMB) ranks ninth in our list of the financial stocks with recent insider selling activity. On March 21, Donna J. Townsell, SEVP and Director of Investor Relations,sold281,198 shares of Home Bancshares Inc\xa0(NYSE:HOMB)\xa0at $23.76 per share. Since then the stock price hasn’t seen any significant changes.\nClearBridge Small Cap Value Strategy made the following comment about Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) in itsQ3 2023 investor letter:\n“We made a number of moves within financials to favor banks with rising net interest margins, higher capitalization ratios and lower-risk securities portfolios. As a result, we exited positions in WesBanco (WSBC), Simmons First National (SFNC) and Webster Financial (WBS) in favor of several new additions, includingHome Bancshares, Inc. (Conway, AR)(NYSE:HOMB). A full-service financial firm offering commercial and retail banking as well as financial services to businesses, real estate developers and investors under Centennial Bank, Home BancShares operates bank branches in Arkansas, Florida, Alabama, Texas and New York. We believe Home BancShares increases our exposure to banks with relatively high net interest margins and lower interest-rate risk in their securities portfolios and we believe the company’s long history of excellent credit underwriting should serve it well if the economy tips toward a recession.”\nNumber of Hedge Fund Investors: 23\nMortgage guaranty insurance services company NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0saw insider selling activity on March 21 when its EVP and Chief Risk Officer Robert Owen Smithsold3,000 shares of NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0at $31.19 per share. The stock is up 0.3% since then.\nAs of the end of the last quarter of 2023, 23 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in NMI Holdings Inc\xa0(NASDAQ:NMIH). The biggest stakeholder of\xa0NMI Holdings Inc\xa0(NASDAQ:NMIH)\xa0is Howard Marks’s Oaktree Capital Management which owns a $139 million stake in NMI Holdings Inc\xa0(NASDAQ:NMIH).\nNumber of Hedge Fund Investors: 29\nCalifornia-based alternative investment manager Ares Management Corp\xa0(NYSE:ARES)\xa0is among the stocks that saw insider selling activity as Antony Ressler, the cofounder and executive chairman of Ares Management Corp\xa0(NYSE:ARES),unloaded78,242 shares of Ares Management Corp\xa0(NYSE:ARES) at $131.84 per share on March 15. On March 18, Ares’ CEO Michael J. Arougheti sold 39,664 shares of Ares Management Corp\xa0(NYSE:ARES). Since March 15, Ares Management Corp\xa0(NYSE:ARES)\xa0stock has gained about 1.99%.\nNumber of Hedge Fund Investors: 30\nBryan Smith, EVP at Nasdaq Inc\xa0(NASDAQ:NDAQ), on March 1sold2,064 shares of Nasdaq Inc\xa0(NASDAQ:NDAQ)\xa0at $56.29 per share. Since then the stock price has jumped about 10%.\nTimesSquare Capital U.S. Mid Cap Growth Strategy made the following comment about Nasdaq, Inc. (NASDAQ:NDAQ) in itsQ3 2023 investor letter:\n“In Financials, we prefer well-placed insurance companies and niche businesses while tending to avoid banks which face credit deterioration and rising deposit costs. Partially countering these positives wasNasdaq, Inc.(NASDAQ:NDAQ), which is engaged in trading, clearing, exchange technology, regulatory, securities listing, and company services. Its shares pulled back by -2% despite reporting an upside to consensus projections, driven by stronger trends in their solutions business.”\nClick to continue reading and seeInsiders Are Dumping These5Financial Stocks.\nSuggested Articles:\n• 12 Cheapest Stocks in Warren Buffett\'s Portfolio for 2024\n• 16 Best Financial Stocks To Buy According to Hedge Funds\n• Billionaire Investor Stan Druckenmiller and Insiders Are Piling Into These 11 Stocks\nDisclosure. None.Insiders Are Dumping These 12Financial Stocksis originally published on Insider Monkey.', 'Marathon Digital(NASDAQ:MARA) stock has a bearish outlook, with the stock actually down on the year. This comes asBitcoin(BTC-USD) hovers near an all-time high. One might wonder why this is. After all, the MARA stock price is directly tied to the value of Bitcoin.\nInvestors are factoring in the upcoming Bitcoin halving and its impact on prices. A 50% decrease in revenue is significant for a company like Marathon Digital unless Bitcoin keeps rising. For Bitcoin believers, MARA stock may be a buy.\nIn itsrecent quarter earnings report, Marathon certainly took a victory lap given its outstanding results.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company brought in more than $150 in net income alongside revenue of $156 million, with 15,126 Bitcoin held on its balance sheet at the end of the year.\nThose Bitcoin alone are worth well over $1 billion at the time of writing, supporting Marathon Digital’s $6 billion valuation.\nHowever, it’s the other $5 billion in the company’s valuation tied to future cash flows that remains uncertain, particularly if the upcoming halving event cut these numbers in half.\nMarathon Digital did announce in its earnings report a plan to boost margins and double its has rate by 2025. This strategic plan may require utilizing some of the company’s Bitcoin reserve, but would also mean the company won’t need to dilute shareholders or take on debt.\nSo, the question around this company’s future financial picture is: where do you see the price of Bitcoin in five years from now?\nAs a major Bitcoin miner, Marathonunveiled MARAFW and MARA UCB 2100, advanced firmware and control boards enhancing Bitcoin mining rigs’ performance and efficiency.\nAfter a year of development and testing, Marathon is implementing MARAFW across its 200,000+ mining rigs.\nAfter successful initial rollouts, Marathon extends MARAFW and MARA UCB 2100 to the wider Bitcoin mining community. The firm has sold these to multiple enterprise clients and now offers them to all interested miners.\nMARAFW, a customized firmware, optimizes Bitcoin miners’ chip settings for enhanced performance, efficiency, and stability.\nIt features hash rate optimization, auto-tuning, overclocking, underclocking, and intelligent thermal protection. MARAFW is compatible with most stock control boards and Marathon’s MARA UCB 2100.\nThese enhancements are certainly worth noting, and there’s a tremendous amount of innovation happening behind the scenes the market doesn’t appear to be factoring in right now.\nMarathon Digital’s path forward remains murky. There’s plenty of short interest around this stock, with so much uncertainty tied to the company’s future cash flow generation capabilities.\nThat said, considering the balance of risks, I think MARA stock looks like a buy at current levels, for those who think Bitcoin will continue to push past $100,000 per token by the end of the year.\nIt’s my view that MARA stock could actually be a better way to play Bitcoin’s potential rise than Bitcoin itself. Its leveraged nature essentially ensures this.\nOf course, it’s a risky bet. But those in the crypto sector aren’t scared of risk, especially considering the momentum in this space right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy MARA Is the Top Crypto Stock to Buy to Play Bitcoin’s Unstoppable Riseappeared first onInvestorPlace.', 'Marathon Digital(NASDAQ:MARA) stock has a bearish outlook, with the stock actually down on the year. This comes asBitcoin(BTC-USD) hovers near an all-time high. One might wonder why this is. After all, the MARA stock price is directly tied to the value of Bitcoin.\nInvestors are factoring in the upcoming Bitcoin halving and its impact on prices. A 50% decrease in revenue is significant for a company like Marathon Digital unless Bitcoin keeps rising. For Bitcoin believers, MARA stock may be a buy.\nIn itsrecent quarter earnings report, Marathon certainly took a victory lap given its outstanding results.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company brought in more than $150 in net income alongside revenue of $156 million, with 15,126 Bitcoin held on its balance sheet at the end of the year.\nThose Bitcoin alone are worth well over $1 billion at the time of writing, supporting Marathon Digital’s $6 billion valuation.\nHowever, it’s the other $5 billion in the company’s valuation tied to future cash flows that remains uncertain, particularly if the upcoming halving event cut these numbers in half.\nMarathon Digital did announce in its earnings report a plan to boost margins and double its has rate by 2025. This strategic plan may require utilizing some of the company’s Bitcoin reserve, but would also mean the company won’t need to dilute shareholders or take on debt.\nSo, the question around this company’s future financial picture is: where do you see the price of Bitcoin in five years from now?\nAs a major Bitcoin miner, Marathonunveiled MARAFW and MARA UCB 2100, advanced firmware and control boards enhancing Bitcoin mining rigs’ performance and efficiency.\nAfter a year of development and testing, Marathon is implementing MARAFW across its 200,000+ mining rigs.\nAfter successful initial rollouts, Marathon extends MARAFW and MARA UCB 2100 to the wider Bitcoin mining community. The firm has sold these to multiple enterprise clients and now offers them to all interested miners.\nMARAFW, a customized firmware, optimizes Bitcoin miners’ chip settings for enhanced performance, efficiency, and stability.\nIt features hash rate optimization, auto-tuning, overclocking, underclocking, and intelligent thermal protection. MARAFW is compatible with most stock control boards and Marathon’s MARA UCB 2100.\nThese enhancements are certainly worth noting, and there’s a tremendous amount of innovation happening behind the scenes the market doesn’t appear to be factoring in right now.\nMarathon Digital’s path forward remains murky. There’s plenty of short interest around this stock, with so much uncertainty tied to the company’s future cash flow generation capabilities.\nThat said, considering the balance of risks, I think MARA stock looks like a buy at current levels, for those who think Bitcoin will continue to push past $100,000 per token by the end of the year.\nIt’s my view that MARA stock could actually be a better way to play Bitcoin’s potential rise than Bitcoin itself. Its leveraged nature essentially ensures this.\nOf course, it’s a risky bet. But those in the crypto sector aren’t scared of risk, especially considering the momentum in this space right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy MARA Is the Top Crypto Stock to Buy to Play Bitcoin’s Unstoppable Riseappeared first onInvestorPlace.']... Last 60 Days of Bitcoin's Closing Prices: [42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-03-31 Financial & Commodity Data: - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,398,046,706,775 - Hash Rate: 566120366.8245583 - Transaction Count: 319675.0 - Unique Addresses: 546293.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Craig Wright's legal team denied the Crypto Open Patent Alliance's arguments in its closing argument Wednesday. • COPA took Wright to court last month to try and prove he is not Satoshi Nakamoto, the creator of Bitcoin. Craig Wright's team started its closing submissions on Wednesday by rebutting the Crypto Open Patent Alliance'sfraud allegationsagainst Wright in a trial that is set to find out whether or not Wright is Satoshi Nakamoto, the creator of Bitcoin. Anthony Grabiner, Wright's attorney, hit back at COPA's argument thatprivate signing sessionsWright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. He also argued that COPA's witness Patrick Madden's evidence was inadmissible due to his ties with COPA. Madden had testified that many of Wright's reliance documents had been altered "often with the apparent purpose of supporting his claims," a court document seen by CoinDesk showed. Grabiner later added that in Wright's defense, he had not said that his reliance documents hadnever been edited. COPA's counsel said in his closing statements on Tuesday that the evidence shared during the trial shows “beyond doubt” that Wright isn’t Satoshi. COPA's representatives also said they plan to ask U.K. prosecutors to consider if the computer scientist perjured himself during the trial. The results of the casecould have repercussions on other existing trials against crypto exchanges and developers. Wright's counsel will continue giving their closing statement on Thursday. Read more:COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up... - Reddit Posts (Sample): [['u/asphodyne', 'Fact check these assertions about Voyager bankruptcy tax treatment', 19, '2024-03-31 01:00', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1. VGX was liquidated at 8.5 cents per token on 6/4/2023. If your cost basis is higher, this results in a capital loss taken for tax year 2023.\n2. BTC and ETH and USDC were returned in-kind. There is no loss or gain until you sell. However the cost basis of these assets increased as a result of the bankruptcy recovery process.\n3. Future recoveries, withheld pending litigation, will not be distributed in-kind. They will be paid out in USD.\n4. If future recoveries are paid out in USD, this means that the tax treatment will be ordinary income in the year of future recovery, resulting in a less favorable tax treatment in most jurisdictions.\n\nAre all these statements true?', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1brwecy', [['u/LeftAct8968', 13, '2024-03-31 03:20', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/kxc55vi/', 'I just wanted to comment f Steve. Good luck 😂', '1brwecy']]], ['u/AxmKap', 'My Story / Crypto Ray', 321, '2024-03-31 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', "I was on a flight home from Frankfurt Nov-2021 sitting next to a guy named Ray and he was on his laptop looking at all these graphs related to various crypto currencies. We started chatting and he told me all about BTC. We probably went on for a few hours and he answered all my questions.\n\nFast forward about a week and I texted him that I bought my first piece of Bitcoin. Now obviously this was right off the former high and I spent 2022 questioning myself. But I never gave up - was only buying small increments because I needed money to get a place to live and more or less survive.\n\nNow my balance is about $8,600. I know that's peanuts compared to most of you but that's also about $4,600 profit I didn't have previously. Just wanted to share my story. Living expenses are a little tight and can't buy as much as I would like but enjoying the ride now after being negative all of 2022. 🙂 I returned to Frankfurt last year to visit so now the city holds dear to me and I haven't contacted Ray since the beginning but he will always be Crypto Ray. 😆", 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', '1brwgc5', [['u/marcio-a23', 33, '2024-03-31 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxby4pb/', 'Hodl this is going 10x soon', '1brwgc5'], ['u/anthonyevans777', 115, '2024-03-31 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbza79/', 'Crypto ray gone change ya life when you see $80k in your account', '1brwgc5'], ['u/AxmKap', 23, '2024-03-31 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbzn5v/', 'He\'s my "Mark Hanna". 😆😆', '1brwgc5'], ['u/AxmKap', 20, '2024-03-31 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbztup/', 'No plans to sell. 👍', '1brwgc5'], ['u/KiNGMF', 11, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3myp/', 'to think I missed the lows during 2020-2021 😞', '1brwgc5'], ['u/Melbonaut', 50, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3nms/', "If you've still got his details, msg him. He'll be stoked you've named him crypto Ray I'm sure.", '1brwgc5'], ['u/Deathdar1577', 16, '2024-03-31 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc8e48/', 'There will be future lows. Prepare now for them.', '1brwgc5'], ['u/LuLzWire', 18, '2024-03-31 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxccsu3/', 'Reminds me of when I was in a Car Dealership with a friend and my now ex about 6 years ago. Him and I were talking about crypto and one of the sales guys started talking with us... we told him all about it and he said he would go home and check it out. I gave him my number and told him to call me if he ever wanted to talk. About two years ago he called me thanking me because after our talk he put some money in and was doing very well now. He then started asking about a few random meme coins, I tried steering him true to the wind.. but not sure if he listened or nae... maybe in a couple more years Ill get another call.', '1brwgc5'], ['u/Sodo2024', 10, '2024-03-31 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxcmrjg/', 'Telling people about BTC is like telling them about Jesus. People won’t believe until they experience it for themselves.', '1brwgc5'], ['u/Appropriate-Tank4789', 13, '2024-03-31 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxdfzaq/', 'I used to work in a small company in the US. Back in 2014 I started to buy some BTC after I read a story about a guy in UK who cashed out his BTC and bought a house. I shared my purchases with my coworkers in the company but none of them bought any when I left the company in 2018. They always asked me how BTC was performing but no one was interested in it. I guess now they maybe regretting not buying it in early days.', '1brwgc5']]], ['u/rundown03', 'This is only the 4th halving of many to come.', 502, '2024-03-31 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', "But here's the kicker: we've only just hit the 4th one. That means we've got a whopping 29 more halvings ahead of us. A total of 33 halvings. That's a road stretching out into the future so far, we can't even see where it ends. Our mortal bodies won't allow us. Bitcoin will just continue to work forever.\n\nSure, Bitcoin has made headlines and drawn attention, but let's not forget that most people haven't even dipped their toes into it yet. There's still a whole world of potential waiting to be tapped. Just imagine all the companies fomoing into the ETF right when the next rip up will happen.\n\nSo, as we gear up for this next halving, let's remember: this is just the beginning. We're embarking on a journey with Bitcoin that's going to last for decades. And the best part? We're only getting started.\n\nThe people telling you we're early are indeed correct. ", 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', '1brwsbs', [['u/haplo_and_dogs', 392, '2024-03-31 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxby03w/', "Each halving is half as important.\n\n\nIt's like radioactive decay.\xa0 \xa0Every halving in the future summed together is vastly less important than a single halving that has already occurred.", '1brwsbs'], ['u/AGROCRAG004', 94, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1euc/', 'If this is truly your 4th time, there’s no way you’re not at least a millionaire by now right?', '1brwsbs'], ['u/InclineDumbbellPress', 873, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1g6b/', 'Look dude Im just trying to make it through the weekend', '1brwsbs'], ['u/WalterClements1', 31, '2024-03-31 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1vz8/', 'I can’t even plan ahead for tomorrow let alone the future man', '1brwsbs'], ['u/JynsRealityIsBroken', 68, '2024-03-31 03:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc2n3h/', 'Probably bought high, sold low each time', '1brwsbs'], ['u/distressedacorn', 170, '2024-03-31 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc33tp/', "“I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.”", '1brwsbs'], ['u/distressedacorn', 21, '2024-03-31 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc3hvh/', "We'll all be dead before the 29th halving, and that's assuming that quantum computers haven't made crypto irrelevant by then.", '1brwsbs'], ['u/FoozMuz', 28, '2024-03-31 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc416r/', 'I met a guy on his 4th cycle now and has gotten nowhere. Simply built different.', '1brwsbs'], ['u/alander4', 29, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc52q0/', 'That quote is precious to me', '1brwsbs'], ['u/r66yprometheus', 28, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc53pt/', "The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen.\n\nFrom what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.", '1brwsbs'], ['u/Smart-Racer', 33, '2024-03-31 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc60mg/', 'Halving is every time I buy something', '1brwsbs'], ['u/tiletap', 44, '2024-03-31 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc6sfk/', "I'm not convinced there's another way", '1brwsbs'], ['u/RevolutionaryPie5223', 38, '2024-03-31 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc71i4/', "I doubt each halving will propel bitcoin that much again, yes it will indeed go high and shock some people at times but it's not as dramatic as previously. My estimate is in my lifetime (many decades later) bitcoin will reach maybe 4-5 million so obviously still some upside but even then it's not a 1000x or even a 100x. Those days are over unless you want to take a gamble on alts.", '1brwsbs'], ['u/RevolutionaryPie5223', 15, '2024-03-31 03:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7cbq/', 'Tbh maybe half of people that I know who dabble into crypto few years ago lose money, reason is because they trade instead of having the patience to buy and hold.', '1brwsbs'], ['u/2LostFlamingos', 23, '2024-03-31 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7nvp/', 'Exactly. Let’s stop pretending that cutting from 6.25 to 3.125 is as impactful as cutting from 0.0488 to 0.0244.', '1brwsbs'], ['u/Big-Finding2976', 54, '2024-03-31 03:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc7xhz/', 'BTC will get hacked by an AI-controlled quantum computer created by a rival Blockchain before it runs out of halvings.', '1brwsbs'], ['u/its_witty', 17, '2024-03-31 03:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc82et/', 'You can buy and hold and also get nowhere simply by buying the "wrong coins".', '1brwsbs'], ['u/Cryptolution', 17, '2024-03-31 03:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc9m7z/', "I'm on my 5th halving and I'm a trillionaire. Of course a Big Mac costs $75,000 so there's that.", '1brwsbs'], ['u/zangor', 18, '2024-03-31 04:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcba4x/', 'I’ve had so many chances to get rich so far. Hurts to know I screwed it up. In 2015, I was using BTC to buy….some stuff you could buy with it. So that kinda messed up my life trajectory. And then I was too risk averse to buy a bunch of BTC and put it in cold storage. Just had like 8 grand sitting there in my checking account from my crappy job that I accumulated over a few years. Sigh…hindsight game tho…', '1brwsbs'], ['u/r66yprometheus', 16, '2024-03-31 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcdxjs/', "What is generational wealth to an everyday average person in USD? I'd say $20M in assets.", '1brwsbs'], ['u/shostakofiev', 32, '2024-03-31 04:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcebmi/', 'Or put another way, the first halving was as significant as the other 32 combined.\n\nThe one in a few weeks is only 1/8th as big as that', '1brwsbs'], ['u/darwinlovestrees', 29, '2024-03-31 04:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcgy6s/', "I agree with that, but it's all relative, right? The price of Bitcoin at the first halving was, what, a few hundred bucks? At this halving it'll probably be around 60-70k. What if 0.0244 Bitcoin, from your example, is actually worth around the same as what 3.125 Bitcoin is worth today? In that case, BTC would be around 10 million.", '1brwsbs'], ['u/CryptoScamee42069', 16, '2024-03-31 04:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxchex7/', 'Bilboing intensifies', '1brwsbs'], ['u/janganberdiridekat', 17, '2024-03-31 04:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcidtc/', 'IMHO. Until people take bitcoin as a currency instead of an investment, it will never become mainstream. The goal was to become the new standard of money/value (please correct if my terminology is wrong), and although we have taken steps forward such as stores accepting crypto as payment, the vast majority of people think crypto to be an "investment", not a currency.\n\nWe\'re indeed early, but how far ahead can we go remains to be answered.', '1brwsbs'], ['u/whalecaller', 83, '2024-03-31 04:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxciz4v/', 'This took me out 🤣', '1brwsbs'], ['u/prince0fbabyl0n', 11, '2024-03-31 05:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcn3pl/', 'Money is three things \n-Store of value \n-medium of exchange \n-unit of count \nBTC was created after the 2008 financial crisis to be a good store of value so the average Joe does not get screwed by the government and banks again.\nWe can store our value in BTC and if we need groceries we sell abit for dollars (medium of exchange) bitcoin does not have to become currency to be successful.\n\nJust like gold, Gold is money too, but can you buy bread from the store with gold? The answer is yes sell abit of the gold for dollars and go get your bread.', '1brwsbs'], ['u/Dazzling_Marzipan474', 50, '2024-03-31 05:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcqa7c/', "Bitcoin is great and all but do people seriously think it'll still be around in 2140? It's almost impossible that a technology lasts that long. It will almost surely be replaced with something better.", '1brwsbs'], ['u/delphianQ', 46, '2024-03-31 06:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcvyw8/', 'This is what I keep telling people about the wheel.', '1brwsbs'], ['u/PeyroniesCat', 14, '2024-03-31 07:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxcyf5h/', 'Take that back! You’re going to hurt this halving’s feelings!', '1brwsbs'], ['u/Lotex', 13, '2024-03-31 07:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd0166/', 'Damn, that is not crazy to think', '1brwsbs'], ['u/brisnatmo', 12, '2024-03-31 08:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd4cl6/', 'ProudFEET!', '1brwsbs'], ['u/RegretSignificant101', 30, '2024-03-31 08:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd5xec/', 'Bruh you can’t compare the wheel to bitcoin. I mean come on', '1brwsbs'], ['u/prkr88', 25, '2024-03-31 09:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxd9skb/', 'I can only get so erect.', '1brwsbs'], ['u/JustKiddingDude', 10, '2024-03-31 09:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdbbgi/', 'Mind sharing these things you’ve read? Where does the 10 years come from? Seems a bit arbitrary.', '1brwsbs'], ['u/MortalJupiter', 10, '2024-03-31 10:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdfbmn/', 'Sweet!', '1brwsbs'], ['u/owenoneilluk', 18, '2024-03-31 10:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdfur6/', 'Source: trust me bro', '1brwsbs'], ['u/FuckerMcFuckingberg', 10, '2024-03-31 11:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxdjtp3/', 'lol', '1brwsbs'], ['u/quicksilverbooya', 14, '2024-03-31 17:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxemons/', 'Sweet! What does mine say?', '1brwsbs']]], ['u/SeaOtterETH', 'Other than running a full node, anything normal people can do to help Bitcoin?', 27, '2024-03-31 01:44', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/', 'Been using Bitcoin since 2011-2012, but basically have nothing left after using it over the years (no real regrets). Recently I spun up a full node again to help the network and run a local block explorer.\n\nOther than keeping my node online and allowing others to sync the blockchain, is there anything normal people can do to help Bitcoin? I can do light coding, but clearly there’s nothing I could do to help core devs. The only thing I can think of is to make bitcoin related websites to help people understand the basics and not get scammed.\n\nI love the shitposting and making memes, but I have wanted to find ways to be more helpful. Wish I had helped earlier on when my skills would have been better utilized. ', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/', '1brxcf0', [['u/NiagaraBTC', 11, '2024-03-31 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/kxc5dul/', 'Is there a local meetup in your area? If yes - attend and help new people. \n\nIf there is no local meetup, start one!', '1brxcf0'], ['u/TrevReznik', 19, '2024-03-31 05:04', 'https://www.reddit.com/r/Bitcoin/comments/1brxcf0/other_than_running_a_full_node_anything_normal/kxcjoki/', 'Encourage the fed to print more USD', '1brxcf0']]], ['u/Historical-Nerve-881', 'Best way to save / invest', 12, '2024-03-31 03:05', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/', 'Hey fellas. 30 year old male here. I recently started to change my life around and learn to save etc. I currently have 12 K saved . I work 6 days a week and bring home 250/300$ a day cash. I recently opened a Robinhood acc and put 300 in Btc and a Roth IRA with only 100$ invested in it so far. What’s the best way you would ration out the money I bring home everyday so I can save/invest to my best ability . Any ideas or insights will help . Just want to save and live comfortably. ', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/', '1brxtn2', [['u/Bagholder_', 11, '2024-03-31 03:16', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/kxc4lve/', 'I have an aggressive way of saving. I work two jobs, one of the jobs I make tips at. I direct deposit my wages into wealth simples cash account which gives 4.5%. Then I just live off my tips. If I don’t make enough in tips to have fun, then I’m not allowed to. \n\nSo I would say pretend half your money doesn’t exist, and immediately invest it. Then live off what you have left over', '1brxtn2'], ['u/nerdinden', 17, '2024-03-31 03:35', 'https://www.reddit.com/r/investing/comments/1brxtn2/best_way_to_save_invest/kxc7ey6/', '1. Maximize your Roth IRA.\n2. Move your $12K to a High Yield Savings Account.\n3. If you have to invest take a look at VTI, VOO, (r/bogleheads)', '1brxtn2']]], ['u/clicksanything', 'True wealth..', 66, '2024-03-31 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/', "Is not obtained from throwing $100 into btc hoping it will 100x in 6 month. If thats your expectation then full stop Bitcoin is probably not for you.\n\nDont get so excited about the movement in price.\n\nThe longer you hold on to bitcoin the more valuable its going to be when you actually want to spend it on something truly important and valuable to your life.\n\nIf you're young, this is the time to buckle down and buy as much bitcoin as you can, keeping it safe, learning as much as you can, find ways to earn as much as you can whether its a job that pays in btc or providing services that you can earn btc for, and then HODL.\n\nKeep a long time horizon, keep stacking and your future self in 10 years will thank you.", 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/', '1brxxsw', [['u/R3dFiveStandingBye', 32, '2024-03-31 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/kxc6efn/', 'I don’t think anyone expects bitcoin to reach $7 million in 6 months but I agree with your points', '1brxxsw'], ['u/19YoJimbo93', 25, '2024-03-31 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1brxxsw/true_wealth/kxc727y/', 'If it isn’t 14 mil in 3 months, I’m out.', '1brxxsw']]], ['u/verseviking2', "My grandma has lost thousands and still won't believe us", 136, '2024-03-31 04:10', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/', "So I think my grandma is the victim of a pig butchering scam and my mom and aunts and uncle haven’t really realized or started to help until now, when it seems like it might be too late. For context, she’s in her mid 70s and had a well paying job that she will be retiring from soon, and hence, she’ll also be selling a house and a building with other colleagues soon, so the scammers know she’s coming into more money soon. My grandma lives in the Midwest and has had boyfriends that usually last a few years at a time, and she just recently broke up with her last one around July of last year.\n\nJust a little after in September, apparently she started talking to somebody online and my mom and her other kids didn’t think much of it. However, as time went on and she never met the guy, they became more suspicious of it and my mom made sure to warn her to never send money if the guy ever asks. But the scammer posed themself as a rich traveling businessperson (to explain the phone numbers changing constantly/the spoofing), and just the past couple months began having her send him money after telling her about his successful “investments”, promising to send back even more. She trusts him so much that even after sending many large thousand dollar payments and receiving nothing back, she still sent more, in total now almost 30 thousand!!! Despite the scammer having her send it in a multitude of ways, gift cards, money transfer, cash in magazines sent to an address in Colorado, and trying to get her to buy bitcoin, she sees nothing suspicious about it.\n\nSo now we've tried everything we can to try to convince her not to send any more money and prove it's a scam. Showing her videos, like the Jim Browning video on pig butchering, having friends who were previous victims of similar scams talk to her, and even had the FBI agent that my mom contacted talk to her, and she won't believe any of them. Through just 8 months or so of grooming, the scammer has gotten her to trust them more than any member of her family, friends, FBI agents, and any sort of logic. My grandma has always been a bit of a skeptic and is pretty right leaning, supporting Trump, Elon Musk, etc. and yet now, she even believes the scammers when they make fake Facebook profiles pretending to be Elon Musk, telling her to continue to invest, etc. We've tried checking the phone numbers and WhatsApp, but the numbers constantly change and are from all over the place, New York, Oklahoma, Colorado. \n\nAt this point, we're not sure how to convince her or if she just has to realize herself, but we'd like to stop her before she throws away hundreds of thousands more. The hard part in trying to do anything forcibly is none of my mom or her siblings are anywhere near her and would have to fly over there just for that. She does have a personal assistant who helps her with everything, including technology stuff, and has been relaying this info to my mom and family, as she's also worried about my grandma, so there could be a way she can help. We've thought about faking an account and messaging as Trump or Musk ourselves or maybe a deepfake video or voice message, telling her its a scam, there's no investment, and to ask the scammer to send a pic of themselves they wouldn't be able to provide. But apart from that, or trying to get her to change her number so they have no way to contact her, we have no ideas on how to convince her or stop her from sending more money. Is there anything else we can do? Any ideas on how to convince someone extremely engulfed in a pig butchering scam before she sends thousands more? Would appreciate any help you guys could provide, thank you!!", 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/', '1brz54j', [['u/Yespowerup', 29, '2024-03-31 04:39', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcgcwl/', 'Tell your grandma to ask the scammer to have a video chat and to meet up in person. If the scammer cannot do either, then your grandma needs to wake up, believe he is a scammer and then cut off contact with the scammer. Also, show your grandma articles of people losing few hundred thousands to millions to this horrible scam. Hopefully, that wakes her up.', '1brz54j'], ['u/Aggressive-Ad-7479', 95, '2024-03-31 05:02', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcjgim/', 'File a petition with the court to have a guardian appointed, she clearly can no longer manage her affairs.', '1brz54j'], ['u/bugaloo2u2', 63, '2024-03-31 05:06', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcjze0/', 'If you are unable to take control of their finances via the court, then I think no 3 is the big one. When mom, dad, or granny refuse to listen in the face of overwhelming evidence, tell them that you will not be there to bail them out once the scammer has taken everything. They will end up homeless and you will not be able to help them…at all.\n\nAnd then follow that by going no contact.', '1brz54j'], ['u/Florida1974', 24, '2024-03-31 05:41', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcodnf/', 'That’s a conservatorship. Go to move these days. \nPower of attorney is much easier.', '1brz54j'], ['u/PositiveLawfulness88', 22, '2024-03-31 05:52', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcpsrl/', 'My husband is also deep in a scam right now. He also refuses to believe it is a scam. He can’t withdraw his money without first paying back a $500k loan with “new money.” And that hasn’t been enough to convince him. So the withdrawal might not work on grandma. When they tell her she needs first to pay taxes she may believe it. Often they do until they run out of money. \n\nI’m playing the meeting angle right now. The whole scam started after an in person meeting in New Orleans last October. My husband has been talking about going out to San Fran to meet him in 2 weeks. His loan payment is due April 4. I suggested pushing for a delay in the loan repayment (they already gave him one extension) and then seeing what his mentor does about the SF meeting. Not that I think he would actually meet him but I want the cops there!', '1brz54j'], ['u/desert_foxhound', 28, '2024-03-31 05:59', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcqnd0/', "The meeting will be cancelled by the scammer. Sometimes the victim is caught so tight that there's no helping them. Protect yourself financially as much as possible. Sometimes divorce is the only way to stop him giving everything to the scammers.", '1brz54j'], ['u/Yespowerup', 10, '2024-03-31 06:18', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcsxgh/', 'I am sorry to hear your husband is deep into this scam now. Tell your husband to not pay any more money to that ‘platform’. Paying ‘fees’ will not get his money out. He had to contact law enforcement. And the scammer will not meet your hubby in person.', '1brz54j'], ['u/KaonWarden', 14, '2024-03-31 07:05', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxcy1id/', 'This sounds more like a !romance scam rather than the usual pig butchering. In your particular case, it’s going to be difficult to apply some of the advice given here, since your grandmother is still successfully in business. The scammer grooms his victims to cut other emotional ties, so in-person contact is very important.', '1brz54j'], ['u/nomparte', 19, '2024-03-31 07:19', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxczeol/', "I agree. It might be shocking to them, but that's probably what they need to snap them out of that dream state.", '1brz54j'], ['u/LivefromPhoenix', 37, '2024-03-31 09:54', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdclwc/', "Very unlikely OP would be able to get either option. OP's grandma is capable enough to live independently while working and handling various business ventures. That's not the kind of person courts would want to strip power of their finances from, especially if grandma is predictably uncooperative.", '1brz54j'], ['u/Impossible-Title1', 10, '2024-03-31 09:58', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdcz5p/', 'Time for financial conservatorship.', '1brz54j'], ['u/No-Replacement4073', 13, '2024-03-31 13:04', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdrdw3/', 'The only probably with a POA, it doesn’t stop them from still spending their money however they want. They still have full access to do as they wish with their money. A POA just gives another person the ability to act on their behalf in the ways laid out in the POA.\xa0', '1brz54j'], ['u/magicmulder', 17, '2024-03-31 13:50', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdvshe/', 'If the grandmother already doesn’t believe her family over the fake romance, chances are those actions will only convince her the family is “just after my money”.', '1brz54j'], ['u/Seat-Life', 33, '2024-03-31 14:10', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxdxudx/', "I'm dealing with this same reality. Pops died last year and it's affected mom quite a bit.\n\nMy mom is 76. I just found out from APS that she has sent 200k to a guy she's never met. \n\nCops won't do anything but tell her it's a scam and mom refuses to believe anyone but this man she's never met. \n\nQuite honestly it's driving me towards a full mental break.\n\nI lost my college fund to enron, going to lose my inheritance to some guy talking sweet nothings to my mom over VOIP. \n\nI've come to the conclusion I can't do anything to help her. She passes cognitive tests when given them and refuses to accept that he's not coming to visit. \n\nQuite bluntly my mother failed herself by refusing to accept dementia runs in the family and setting up proper means for my sister or I to administer aid in situations like this. She thought she would never get dementia or need help and now we can't do much of anything except watch it happen. \n\nThe bank called APS, but it also allowed her to take hundreds of thousands of dollars out in a credit line against the home. \n\nAt the end of the day all I can do is try to do damage control, but with 2 tied hands a blindfold on theres really nothing I can do but struggle, suffer and wait.", '1brz54j'], ['u/cat8mouse', 11, '2024-03-31 17:00', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxel1lt/', 'It doesn’t sound like she’s cognitively impaired. It also sounds like you’ve tried many ways to convince her that she’s the victim of a scam. I know it’s hard to watch but she’s an independent adult who has her own agency and rights. I don’t think you should make a fake video to convince her she’s part of a scam. I don’t think you should “trick” her to protect her. Keep communication open. Keep trying to convince her but, in the end, it’s her right to live her life the way she wants. Unless she’s impaired she has the right to do what she wants.', '1brz54j'], ['u/iheartinfected', 13, '2024-03-31 17:56', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxeu4h4/', "It's not - they typically double down", '1brz54j'], ['u/Fogmoose', 12, '2024-03-31 18:34', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxf0gxb/', "The sad answer is you can't do anything. People like your grandma are a scammers dream, and she is going to continue to deny until she herself decides she has wasted enough money or until she goes bankrupt. Think of it like a drug or alcohol addiction, because it's exactly the same thing, just without the DWI's and stumbling around. The more you and your family try to convince her she is living a fantasy, the more she will hunker down in her bubble of crazy. Millions of people are going through similiar things with family members. It's ironic that they are messaging her pretending to be Trump, who is the biggest and sadly most successful scammer of them all. Welcome to the world we live in in 2024.", '1brz54j'], ['u/Head_Rate_6551', 11, '2024-03-31 19:27', 'https://www.reddit.com/r/Scams/comments/1brz54j/my_grandma_has_lost_thousands_and_still_wont/kxf9grj/', 'Tell her to ask the scammer to send her $500 because she’s in a pinch and needs it right away. He can take it out of her “investments”', '1brz54j']]], ['u/Night_lon3r', 'Where to saves', 56, '2024-03-31 04:27', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/', "20ish singles here , work at retail from 8.30am to 3pm , rm2100 monthly salary, my expenses are phone bills and insurance, ptptn , gym membership etc ,commitments around rm800\n\nlive at my parents home and company provided transport and lunch ,work place is just 5 minutes drive from parent house. \n\nSo I can accumulate atleast rm800 free money per month \n\nI used to think to switch job but then I realised I could use this short working hour to learn other skills , not looking to get into relationships or having kids. Just look to get not ended up in the streets.\n\nI have bought some online course to learn some programming language and learned Japanese language(although I don't know how this is going to benefits me , just interested I guess) \n\nSo yeah , rm800 per month , used to buy some in bitcoin in luno but then it crumbles few years back and lost some money , saw a post people say versa is a good choice , hope to know get more options as I have zero knowledge about savings and investment. \n\n\n", 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/', '1brzgyi', [['u/boredomXOX', 43, '2024-03-31 04:38', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcg7sq/', '- ASB/ASM (Annually 4%+)\n- GXBank (3% interest rate daily)', '1brzgyi'], ['u/mzamonster', 89, '2024-03-31 04:52', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxci2w3/', 'Man.. working 8.30am to 3.00pm sounds sweet.', '1brzgyi'], ['u/razorblade3711', 11, '2024-03-31 05:24', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcma8q/', 'Best advice here\n\nIf you don’t have emergency fund saved up- 80% on gx bank bank, 20% on asnb \nElse-80%asnb 20%gx bank', '1brzgyi'], ['u/Chemical-Ad-6886', 21, '2024-03-31 06:57', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcx6y3/', 'learning japanese is actually secretly op. Been seeing a lot of jobs that requires conversational japanese paying 6-8k per month. Do keep it up with that', '1brzgyi'], ['u/username5471234712', 23, '2024-03-31 07:00', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcxipo/', "lol its not 3% daily interest. it's daily compounding, at a 3% or 5% pa", '1brzgyi'], ['u/AngeLMari', 24, '2024-03-31 07:04', 'https://www.reddit.com/r/MalaysianPF/comments/1brzgyi/where_to_saves/kxcxyz0/', "8.30 - 3.00 is like going to school\n\nYou're a lucky guy with that kind of work hours", '1brzgyi']]], ['u/Which-Occasion-9246', 'A few questions about BCH', 23, '2024-03-31 05:27', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/', "I initially joined this sub believing that it would have discussions about BTC, latter on learning that it is open to discussions of all forks of bitcoin (which is great, I love the openness). In the process, I am learning about bitcoin history and challenging what I believe in.\n\nI have a few questions about BCH, which might have been posed before, so apologies if that is the case. \n\n\\- BCH is a solution for payment between individuals. Do you see this as being a deterrent in its adoption by big entities/governments or even, being banned altogether? As far as I can see BTC is becoming less used for that purpose whilst it is widely adopted as a reserve of value. The fact that money goes through the exchanges who have to comply with KYC laws makes it harder and harder to be misused for illicit transactions that will trigger. I believe that in part, the KYC laws is what has allowed BTC.\n\n\\- I understand that BCH's dynamic block sizes provide benefits in its throughput. But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption? Other newer architectures provide order of magnitude throughputs with much smaller fees (of course, there is always a cost and they don't provide the decentralised resilience of bitcoin).", 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/', '1bs0n9k', [['u/OlderAndWiserThanYou', 26, '2024-03-31 06:46', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxcw1z9/', "> BCH is a solution for payment between individuals. \n\nBTC was also this, and technically speaking can still be used for this, just by a lot less people than originally planned.\n\n> I believe that in part, the KYC laws is what has allowed BTC to be more widely accepted.\n\nUnless I am missing something the on/off ramps are mostly the same for both.\n\n> I understand that BCH's dynamic block sizes\n\nNot sure what you mean here, 100%. If you are referring to the forthcoming Adaptive Blocksize Limit change, then it's not functional yet. However, blocks can and do vary in size already subject to demand. The only reason BTC's blocks don't really vary in size is because it's saturated (reached the limit).\n\n> But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption?\n\nThe core architecture of the base layer is similar between BTC and BCH. I'm not sure how de-centralized Bitcoin (BTC) is when [three mining pools control well over 50% of the hashrate](https://coin.dance/blocks#thisweek).\n\nIt's good that you are asking questions. Please keep doing so. That's what this group is for.", '1bs0n9k'], ['u/Sapian', 19, '2024-03-31 07:54', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxd2q54/', "BCH is decentralized. And don't think you're gonna find something faster or cheaper that doesn't make serious compromises. \n\nSatoshi's original plan was to slowly increase the blocksize, he said early on in chats/forums. If it wasn't late I could go find the posts, but I'll have to do it later. So basically BCH is sticking to the original plan, measured scaling to keep fees low, so much of the world can use it not just the rich.", '1bs0n9k'], ['u/bitcoincashautist', 11, '2024-03-31 09:08', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxd918g/', ">Other newer architectures provide order of magnitude throughputs with much smaller fees (of course, there is always a cost and they don't provide the decentralised resilience of bitcoin).\n\nBitcoin-tech UTXO architecture scales, and right now the technologically safe limit is about 200 MB at which point pools could start exploiting delays in block propagation and centralize. That's about 800 TPS, which our current tech could do even now 100%. Our limit is lower tho, 32 MB + ABLA (once it activates) which could give us like +1.5x/yr but only if adoption actually comes, not before, giving everyone time to work out things as we grow.\n\nThere will be challenges on the way, sure, but fundamentally they're all solvable, and will be solved once incentives are there: adoption increases blocksizes, increases price, brings in more people capable of working out problems.", '1bs0n9k'], ['u/TaxSerf', 13, '2024-03-31 10:26', 'https://www.reddit.com/r/btc/comments/1bs0n9k/a_few_questions_about_bch/kxdf4f6/', "> BCH is a solution for payment between individuals\n\nBCH is peer to peer money for EVERYONE without discrimination\n\n> Do you see this as being a deterrent in its adoption by big entities/governments or even\n\nWe hate and don't care about governments and banks. Ultimately, these will have no choice but get involved if enough people adopt and use BCH.\n\n> being banned altogether?\n\nIndependent functional p2p money does not give a shit about laws and governments.\n\n> But, is bitcoin's decentralised architecture the best to manage payments at the large scales required for wide adoption?\n\nThis seems like the old Blockstream lie claiming that capacity hurts decentralization, which could not be further from the truth.\n\nAsk yourself, can you achieve better decentralization when you limit the number of participants and kill all utility?", '1bs0n9k']]], ['u/cryotosensei', 'Why do you think the SEC is inclined towards not labelling Ethereum as a security?', 30, '2024-03-31 05:30', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/', '\nLast year, the SEC filed lawsuits against Binance and Coinbase and declared “war” on 19 cryptocurrencies by wanting to classify them as securities. Amidst this regulatory crackdown, Ethereum seems to have stayed unscathed. On a Congress hearing, Gary Gensler refused to answer point blank in regard to whether he thought Ethereum is a security. The exposed documents from William Hinman - a director of corporation finance at the SEC - which were published during the SEC vs Ripple court case also revealed that he declared Ethereum isn’t a security. \n\nSo it seems like the SEC will categorise BTC and ETH differently from other cryptocurrencies (as of now). This is strange because Ethereum has similar origins as some of these 19 tokens. Solana and Cardano are based on the same proof-of-stake mechanism. Polygon’s MATIC is an Ether scaling token & AXS and Sand are play-to-earn tokens built on Ethereum during the ICO boom.\n\nMy question, do you think it’s because ETH is sufficiently decentralised or it is more a case of the clout Vitalik Buterin enjoys in the crypto space - and by extension, the broad support he gets from developers working on many kinds of Ethereum smart contracts & decentralised applications?', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/', '1bs0pe5', [['u/XWarriorYZ', 11, '2024-03-31 05:48', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/kxcpd2i/', 'Maybe there is trouble setting the precedent that the SEC can retroactively declare something a security that isn’t a security at this point as a security even if it started with qualities that are inherent to securities.', '1bs0pe5'], ['u/420weedscopes', 10, '2024-03-31 08:39', 'https://www.reddit.com/r/ethtrader/comments/1bs0pe5/why_do_you_think_the_sec_is_inclined_towards_not/kxd6m20/', 'The CFTC has already labled and classifies ETH as a commodity. For the SEC to label it a security they are stepping on the toes of another federal regulator. This would be big drama between two regulators who are supposed to be working together.\n\nThe CFTC is the one who regulates and has jurisdiction on commodities and regulated ETH futures have been trading for a few years now on the CME.', '1bs0pe5']]], ['u/megability', 'Has anyone used this new Bitgree service? (replacement for Purse.io) ??', 18, '2024-03-31 05:47', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/', 'Roger’s book links to it, for purchase through Amazon but able to pay with BitcoinCash, I’m trying it now and already have a buyer and at a 10% discount 👍🏼', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/', '1bs1160', [['u/megability', 16, '2024-03-31 05:48', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxcpa6l/', 'www.bitgree.com', '1bs1160'], ['u/Sapian', 11, '2024-03-31 06:44', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxcvu7u/', 'I have.', '1bs1160'], ['u/emergent_reasons', 13, '2024-03-31 08:54', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxd7vro/', 'Has worked flawlessly for me many times.', '1bs1160'], ['u/JonathanSilverblood', 17, '2024-03-31 09:35', 'https://www.reddit.com/r/btc/comments/1bs1160/has_anyone_used_this_new_bitgree_service/kxdb5sq/', "I have, multiple times. I think it's a good step up from purse.", '1bs1160']]], ['u/WeakDrink7389', 'Why buy MSTR instead of BTC despite the premium?', 22, '2024-03-31 05:53', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/', 'Beside the reasons you have repeatedly read, here is my perspective:\nReason 1:\nLet’s say you bought MSTR at the last cycle top around $1000. Premium was 6x back then. Despite that, you are up about 70% now.\n\nOn the other hand, if you had bought Bitcoin at the top ~ $69k, you have just made your money back. \n\n\nReason 2: \nNo other entity can buy 1% of Bitcoin total supply without increasing the price by at least another 2x.\nWhen ETF started, price was around $40k. We are at about $69k now.', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/', '1bs14xl', [['u/peppaz', 28, '2024-03-31 06:45', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxcvyyi/', "Because vanguard won't allow me to buy BTC in my IRA and roth", '1bs14xl'], ['u/Machinedgoodness', 10, '2024-03-31 07:19', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxczepy/', 'I’ll be honest I don’t think anyone cares about that part right now. But it may come into play soon', '1bs14xl'], ['u/BadboyBengt', 10, '2024-03-31 08:20', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxd4zz5/', 'Because MSTR is the only bitcoin proxy I can buy in a tax favourable account.', '1bs14xl'], ['u/TheSource777', 19, '2024-03-31 09:10', 'https://www.reddit.com/r/MSTR/comments/1bs14xl/why_buy_mstr_instead_of_btc_despite_the_premium/kxd95ph/', 'These answers are all terrible lol.\n\nThe real answer is that etfs exactly trade at btc price while MSTR can be forward looking based on future bitcoin price, and MSTR keeps increasing its bitcoin stack to market maker levels. How much of a premium does that justify? Depends on your thoughts.', '1bs14xl']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, March 31, 2024', 33, '2024-03-31 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bs1a1o/daily_discussion_sunday_march_31_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While cryptocurrency has surged in popularity in recent years, only a minority of Americans have actually traded it. Among themost popular cryptosareBitcoin, Ethereum and Cardano, each of which has seen a lot of action as prices rise and fall. The appeal for traders? The potential to make significant money on the volatility of these highly speculative assets.\nIncreasingly, traders have more and more ways to accesscryptocurrencies. New exchanges and trading platforms have started in response to the wide interest in crypto. In fact, you may already have an app on your phone that lets you trade. For example, if you have the PayPal or Venmo apps, you can buy and sell at least a few different cryptocurrency coins. But other apps and exchanges give you access to a wider selection of cryptocurrency — there are literally thousands — or they offer other benefits such as lower cost.\nBelow are some of the top apps and exchanges for crypto trading and some of the key things you need to know.\nThe platforms below include specialized crypto exchanges,online brokers, and cash and payment apps. We’ve included pricing as well as how many coins you’re able to trade, so you can get a sense of the scope of each app or exchange.\nIf you’re interested in trading the largest cryptocurrency, Bitcoin, exclusively, it may not make sense to go with an app that offers you dozens of other coins. On the other hand, if you’re looking to trade whatever is hot at the moment, consider an app or exchange with more variety.\nBinance.US, which is the American arm of the larger Binance organization, is one of thebest crypto exchangesbecause of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders. Plus, if you use Binance’s in-house coin, BNB, to pay trading fees, you’ll get a discount of 5 percent.\nYou’ll also be able to trade more than 150 different cryptocurrencies at Binance, so you shouldn’t have any trouble finding what you’re looking for, especially if you just want to trade the most popular coins.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe.\nIn November 2023, Binance and Zhao pleaded guilty to separate federal charges and agreed to pay $4.3 billion in fines. Zhao also agreed to step down as CEO of Binance. The SEC’s case is ongoing.\n• Cost:Free for Bitcoin, but fees for less-common coins start at 0.57 percent and decline for high-volume traders. A 5 percent discount is available if you pay trading fees with BNB.\n• Coins available to trade:More than 150 coins including Bitcoin, Ethereum, Solana, Cardano and more\nCoinbaseis a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. But what will you pay for using the basic service? Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website.\nWhen it was visible, the fee structure was complex, to say the least. You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Cost:Typically at least 1.99 percent (lower with Coinbase Advanced Trade)\n• Coins available to trade:Hundreds, including Bitcoin, Ethereum, Cardano and Solana\nThe brokereTorois all crypto, all the time (at least for American traders, though others can trade stocks). At eToro, you’ll have access to about 25 cryptocurrencies, including quite a few, such as Tezos, Uniswap and Polygon, that you won’t normally find on the traditional brokerage apps. The app doesn’t charge a direct commission but rather a flat spread markup of 1 percent, regardless of which coin you purchase or how much.\n• Cost:Commission-free, but spread markup of 1 percent\n• Coins available to trade:25 cryptos, including Bitcoin, Ethereum,Dogecoinand more\nKrakenis another specialized cryptocurrency exchange that lets you trade a ton of different coins, including the most popular as well as some (Solana, Uniswap, Cardano and more) that are not typically available on the usual financial apps. In total, the exchange supports trading in more than 230 cryptos. Kraken does not offer its service to residents of New York and Washington state.\nCommissions on Kraken Pro are competitive, ranging from 0.16 to 0.26 percent at the lowest volume levels and declining to a range of 0 to 0.1 percent with volume of $10 million or more in the last 30 days.High-net-worth traderscan also accessmargin trading, increasing their buying power (and risk). While you can deposit money via ACH for free into Kraken, debit or credit card transactions incur a 3.75 percent fee plus 25 cents, and you can get hit with a 0.5 percent online banking processing fee if you fund through a bank, at last check.\nIn November 2023, the SEC charged Kraken with illegally operating an unregistered securities exchange, broker, dealer and clearing agency. The SEC alleges that Kraken’s business practices, including commingling customers’ money with its own, presents a significant risk to customers. Kraken disputes the allegations and is fighting the charges in court.\n• Cost:Fees start at 0.26 percent, plus fees for cards and online banking\n• Coins available to trade:236 of them, including Bitcoin, Ethereum, Solana and Uniswap\nYou may knowRobinhoodfor its slick trading app for stocks, options and ETFs, but it’s also expanded into cryptocurrencies. Plus, it brings its no-commission structure to the crypto world. Although trading may look free, Robinhood charges a spread markup rather than a direct commission, meaning that the costs are built into a coin’s buy or sell price. You can get started almost immediately with Robinhood’s instant transfer feature, so it’s just download and go.\n• Cost:$0, or commission-free, but there’s a spread markup\n• Coins available to trade:15 of them (some aren’t available in all states), including Bitcoin, Dogecoin andEthereum\nWebullmay not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins.\n• Cost:Commission-free, but spread markup of 1 percent (100 basis points)\n• Coins available to trade:8 different types, including Bitcoin, Ethereum and Shiba Inu\nWhen you think of cryptocurrency, you might not think ofCash Appat first. The financial app is known more for its cash management account or even its ability to trade stocks and ETFs. But it also offers the ability to trade crypto, albeit only one — Bitcoin. While you can send Bitcoin to other users for free, Cash App charges what it calls a “small fee” for trading the coin, which it will disclose before you place the trade. That’s in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure.\n• Cost:Spread markup plus a trading fee\n• Coins available to trade:Only Bitcoin\nLike Cash App, you may already havePayPalinstalled on your phone and, if so, you could be up and running with trading cryptocurrency in literally seconds from now. PayPal charges a fee for any trade and also prices in a spread markup on trades. The fee starts at 49 cents for trades under $5, then gradually rises to $2.49 for trades up to $200. It then switches to a percentage that declines to as low as 1.5 percent for trades over $1,000. Helpfully, PayPal lists its fee structure plainly for all to see. PayPal’s sister app Venmo offers the same services on similar terms.\n• Cost:Spread markup of about 0.5 percent plus a trading fee that starts at 49 cents and declines to 1.5 percent\n• Coins available to trade:Four different cryptos — Bitcoin, Ethereum, Litecoin and Bitcoin Cash\nThe best crypto trading app or exchange for you depends on your needs. If you’re looking to trade a wide range of digital currencies, consider an app or exchange that allows you to do so. But if you prefer to stick mainly to the major ones such as Bitcoin, Ethereum and a handful of others, then many of the platforms mentioned here can get the job done. But cost is an important consideration as well, so keep that in mind before opening an account.\nEditorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.', 'Trillions in currency are zipping around the world, 24 hours a day, five days a week, making the foreign exchange (also known as forex or fx) markets the world’s most active. Fortunes can be won and lost quickly, as brokers routinely let traders borrow heavily to finance their speculations.\nIf you’re looking to get in on this action, you’ll need a broker who deals in currency, and many of thebig names in stock tradingsimply don’t offer this feature. Because the markets are so different, you’ll also need to evaluate a forex broker on different criteria from what you would use to evaluate a stock broker.\nBelow are some top forex brokers, including one thatallows customers to trade cryptocurrencies.\n• Interactive Brokers\n• Forex.com\n• IG\n• OANDA\nInteractive Brokersis well known for its low costs and powerful trading platforms preferred by active and professional traders. Forex traders won’t be disappointed by the advanced trading tools available as well as real-time quotes from many of the world’s largest forex dealing banks. You can even trade stocks on international exchanges and attach a forex order to hedge the currency at the same time.\nInteractive Brokers also began offering some cryptocurrency trading in 2021. You’ll be able to tradepopular cryptocurrenciessuch as Bitcoin and Ethereum at attractive commissions.\n• Pricing:Commission: 0.08 – 0.20 basis points\n• Maximum leverage:Up to 50:1\n• Currency options:More than 100 pairs\nLike its name suggests, Forex.com specializes in currency trading (though ittrades in metalsand futures, too) and it offers a plethora of attractive features. Clients can select the pricing structure that suits them best: spread or commission.\nForex.com also gives traders access to more than 80 currency pairs, and its success with clients has the broker declaring that it’s the No. 1 forex broker in the U.S., in terms of assets held with the broker. You’ll get access to the broker’s own trading platform in web and mobile versions, or use MetaTrader platforms if you prefer.\n• Pricing:Spread and commission, depending on account type\n• Maximum leverage:Up to 50:1\n• Currency options:More than 80 pairs\nIG is a more specialized broker focused on forex, and it’s open to American investors. It’s a high-powered broker that nevertheless offers many features, such as a demo account, that may help novice traders. The broker offers a web platform, a mobile app and access to MetaTrader4 and ProRealTime platforms.\nIG allows spreads as low as 0.8 pips (a pip is one ten-thousandth of a point) on the most traded currency pairs, and says that its pricing is at least 20 percent lower on the euro-dollar pair than the top U.S. brokers. The broker also provides an extensive range of charting capabilities across its platforms.\n• Pricing:Spread\n• Maximum leverage:Up to 50:1\n• Currency options:More than 80 pairs\nOANDA offers forex trading across 68 currency pairs, including all the major and minor pairs, ensuring that you have the important options at your disposal. Clients will have a choice of the brokers’ own trading platforms in web and mobile versions or can turn to the popular MetaTrader 4 platform. Pricing is typically on a spread basis, though clients doing more than $10 million in volume a month may participate in the broker’s Elite Trader pricing structure and achieve significant discounts.\nOANDA also allows cryptocurrency trading through Paxos, allowing you to trade a handful of digital currencies, including the most popular, Bitcoin and Ethereum. Bitcoin commissions are as low as 0.25 percent.\n• Pricing:Spread, and volume discounts\n• Maximum leverage:Up to 50:1\n• Currency options:68 pairs\nWhile you may be familiar with many of thebrand-name online stock brokers, only some of them deal in forex trading. Instead, a plethora of more specialized niche brokers populate the space, and they may cater to high-volume currency traders looking for every possible edge.\nBut regardless of which kind of broker you’re targeting, you’ll want to focus on at least a few features that are common to any forex broker:\n• Pricing:Forex brokers have two ways to price their services: by baking the price into the buy-sell spread or on a commission basis. Spreads are typically quoted in pips, or one ten-thousandth of a point.\n• Leverage:How much leverage will the broker let you assume? In general, traders look for a higher degree of leverage to magnify the moves in the currency market. The level may differ depending on the liquidity of the currency.\n• Currency pairs:A handful of major pairs dominate trading, but how many other pairs (minors, exotics) does the broker offer? The most popular currencies include the U.S. dollar, the euro, the Japanese yen, the U.K. pound and the Swiss franc.\n• Spreads:How wide are the broker’s spreads for trades? The larger the spread, the less attractive the trade. Of course, brokers who charge a spread markup will tend to have wider spreads because that’s how they get paid.\nInvestorslooking to buy cryptocurrencymay be able to do so through some of the traditional stock brokers such as Interactive Brokers or Robinhood, though the trading works differently from regular forex trading as described above.\nOne downside for American traders is that many top forex brokers are based in the U.K. and simply won’t accept them as clients because of their citizenship. The brokers above are all fine for Americans, however.\n• Forex trading involves exchanging one currency for another. There may be practical reasons for this, such as traveling abroad, or traders may look to speculate and profit off of currency movements. Foreign exchange markets tend to be the largest and most liquid in the world.\n• Forex traders face several risks including interest rate risk, risks due to leverage, country risk and counterparty risk. Traders will need to be familiar with many different variables that can impact a country’s currency including central bank developments, inflation, trade deficits and more.\n• Regulation of forex brokers is important for maintaining business standards and protecting clients. The Commodity Futures Trading Commission (CFTC) says that most scams involve unregistered people, products or companies. So if you’re engaging in forex trading, you’ll want to use a registered broker, and it’s actually easy to determine if you’re working with one.The CFTC registers and regulates forex brokers. A broker must meet certain financial standards, its personnel must go through background checks, and the firm must adhere to certain conduct and disclosure requirements.You can check whether a forex broker has been properly registered by going to the National Futures Association website (which is under the supervision of the CFTC) andusing its search tool. You can check a broker’s registration, its disciplinary or regulatory history and financial information. Be skeptical of any entity that is not properly registered.\n• When you trade forex, you need a broker to execute your trades, but the broker may not always be acting in your interest first. There are a couple different kinds of models – a dealing desk and an agency broker – and they have different incentives as they’re executing trades.An agency broker is one who acts in the best interest of its clients, and whose job it is to find the best deal price. So the agency broker does not hold any inventory of the assets being traded, which could put the agent’s and client’s interests in conflict, and instead merely acts as an intermediary. The client pays the agent specifically for this service, which could save the client a lot of money. So agents are usually reserved for high-net-worth clients who move massive amounts of money.In contrast, a dealing desk trades in securities and owns them at the same time. This structure means the dealing desk may not always be working in the client’s interest but rather in its own.So a dealing desk can operate as both a principal and agent in a transaction, creating some strange conflicts:As a principal, the dealing desk trades for its own account, meaning that it may take a trade from a client in which it has a vested interest in the outcome. In other words, the dealing desk could profit at the client’s expense, perhaps unloading inventory to the client just before the market falls or buying it just before the market rises.As an agent, the dealing desk can execute trades for a client and will pass along the trade price.Because of this structure, a client may never know where the dealing desk’s interests lie on any individual trade – a problematic setup if you’re the client.', 'Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at the peak are yet to fully recover from their losses. The digital coins have sparked much debate in the investment industry about their investment merits and viability, with legendary investors such asWarren Buffett saying cryptocurrencies are essentially worthless.\nRecent years have seen a wave of both positive and negative news for the crypto industry. Crypto exchange FTX collapsed and top executives were charged with crimes, while other exchanges includingBinance and Coinbase faced charges from the Securities and Exchange Commission. Still, the SEC approved several spotBitcoin ETFsin early 2024, giving traders a simple structure to buy and sell the largest cryptocurrency in the world.\nWhile some traders like to own the currency directly, others turn to the futures market. Futures may be an even more attractive way to play the volatility of digital currencies such asBitcoin, because they allow traders to use leverage to magnify their gains (but also magnify losses). But futures involve a lot more risk in exchange for that potentially higher reward.\n• Traditional brokers:Brokers typically don’t offer direct trading in Bitcoin, only futures, but you will have access to a wide selection of other securities and can often buy Bitcoin ETFs commission-free.\n• Crypto exchanges:Specialized crypto exchanges offer the widest array of cryptocurrencies beyond Bitcoin and the othermost popular coins. You’ll also be able to own the currencies directly.\n• Payment services:Some payment services, such asCash AppandPayPal, also allow users to buy and sell the most popular cryptocurrencies.\nHere are the best brokers for cryptocurrency trading, including traditional online brokers, as well as new specialized cryptocurrency exchanges. You might also want to check out which brokers offerthe best bonuses for opening an accountto determine where you can get a little extra.\nRobinhoodis a great option for buying cryptocurrency directly. You’ll also get to take advantage of Robinhood’s wildly popular trading commissions: $0 per trade, or commission-free, though you’ll still be paying a built-in spread markup on any trades. And if you’re into more than just cryptocurrency, you can stick around for stock and ETF trades for the same low price. Robinhood’s slick app makes trading so easy, though those looking for a full-featured trading experience will be disappointed.\n• Commission:$0, but built-in spread markup\n• Account minimum:$0\nInteractive Brokerslets you trade four cryptocurrencies through Paxos Trust Company and Zero Hash, including Bitcoin and Ethereum, for one of the lowest commissions in the market. Customers can also access 24/7 crypto trading through an associated app with Paxos. Plus, IB allows you to buy Bitcoin and Ethereum futures rather than owning the currencies directly. And in this broker’s case, you can buy Bitcoin futures on the Chicago Mercantile Exchange, with contracts costing $5 at five coins per contract or Ethereum contracts for $3 at 50 coins per contract. In addition, Interactive Brokers brings its full suite of investment offerings, so you can buy almost anything that trades on an exchange.\n• Commission:0.12-0.18 percent of trade value; $5 per Bitcoin futures contract\n• Account minimum:$0\nThoughWebullmay be less known than its rival commission-free trading app Robinhood, it provides investors with a solid offering that includes cryptocurrency trading. While you won’t pay commissions on crypto trades (or stocks and ETFs), Webull does charge a spread markup of 100 basis points (1 percent of the price) on either side of a trade. Several cryptocurrencies are available for trading, including Bitcoin, Ethereum and Dogecoin. Charting tools and an impressive mobile app make Webull a broker worth considering.\n• Commission:$0, but built-in spread markup of 1 percent\n• Account minimum:$1 to trade crypto\nTraders have a couple options at this broker, which has rolled out direct cryptocurrency trading viaTradeStationCrypto, with a built-in spread markup. The spread markup is no more than 1 percent of the trade value, whether you’re buying or selling. Traders can also buy and sell Bitcoin futures.\n• Commission:$0, but built-in spread markup of more than 1 percent\n• Account minimum:$0, but futures margin depends on the contract\nBinanceis a specialized trading platform that allows you to buy and sell digital currencies, including the largest such as Bitcoin and Ethereum, but also hundreds of other much smaller coins, too. In total, you’ll have access to more than 300 cryptocurrencies. The commission structure at Binance is low and only gets cheaper the more you trade. Trading fees start at 0.57 percent of your trade value (i.e., $57 for every $10,000 traded) and fall from there, depending on your trading volume over the prior 30 days. However, Bitcoin trading is free here.\nBinance’s finances came under scrutiny in 2022 after the collapse of FTX. The accounting firm used by Binance to verify its reserves paused its work for all crypto clients and the Securities and Exchange Commission (SEC) said investors should be wary of crypto firm audits. None of the big four accounting firms are willing to work with Binance, according to the Wall Street Journal.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and its founder, Changpeng Zhao, of misusing customer funds. SEC Chair Gary Gensler warned investors of using Binance platforms. Binance said its customers’ assets are safe.\n• Commission:0.57 percent of the transaction value or less, while Bitcoin trading is free\n• Account minimum:$0\nCoinbaseis a specialized cryptocurrency-focused platform that allows you to trade digital currencies directly, including Bitcoin,Ethereum,Solanaand Tether. In total, you’ll have access to more than 200 cryptocurrencies. You’ll also be able to store your coins in a vault with time-delayed withdrawals for additional protection. The exchange’s commission structure is steep. It charges a spread markup of about 0.5 percent and adds a transaction fee depending on the size of the transaction and the funding source, though its Advanced Trade platform does not charge a spread.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Commission:Fees start at 0.6 percent on Advanced Trade\n• Account minimum:$0\nKrakenis a cryptocurrency exchange that allows you to trade in more than 200 different digital currencies such as Bitcoin and Ethereum, as well as emerging ones such as Cardano and Solana. Using the Kraken Pro tier the initial trading fee ranges from 0.16 percent to 0.26 percent and then declines quickly from there based on your 30-day trading volume. Kraken is not yet available to residents of New York and Washington state.\n• Commission:At Kraken Pro, fees start at 0.26 percent\n• Account minimum:$1\nCharles Schwabis routinely one ofBankrate’s picks for top broker, and this investor-friendly company offers trading in Bitcoin futures. Schwab also has no account minimum, but any futures contracts you trade will require some minimum margin to hold them open. Schwab offers an attractive commission of $2.25 per contract, and if you’re able to bring big money to the table, you’ll receive a welcome bonus, too.\n• Commission:$2.25 per contract\n• Account minimum:$0, futures margin depends on contract\nTastytrade is a relatively newer player to the brokerage world, and it offers some attractive pricing on cryptocurrency trades, which are enabled by partner Zero Hash. Tastytrade charges 1 percent of the trade value on the buy and sell, but only up to $10 per side of the trade. So once you’re trading more than $1,000, your crypto commissions here flatline at a sawbuck. However, just four crypto coins are available for trading here. You can also purchase crypto futures at $1.25 per contract on the open and close.\n• Commission:1 percent of the trade value on the buy and sell, up to $10 per leg. Futures contracts at $1.25 on the buy and sell\n• Account minimum:$0\n• Cryptocurrency is a type of digital currency meant to serve as a medium of exchange, but thus far has mostly been used by traders who buy and sell the digital coins in the hope of earning a profit. Some think cryptocurrency may act as an inflation hedge because there isn’t a central bank involved that can print more money.\n• Cryptocurrency can be bought and sold through traditional brokers, crypto exchanges or certain payment services such as PayPal. In early 2024, the SEC approved spotBitcoin ETFsthat hold Bitcoin directly, giving traders a familiar structure to bet on the price of the largest cryptocurrency.\n• Bitcoin is by far the largest cryptocurrency in the world, accounting for about half of the entire global crypto market as of March 2024, according to CoinMarketCap. Ethereum, Tether, BNB and Solana round out the top five largest cryptocurrencies.\n• Cryptocurrencies are highly speculative assets that have seen significant swings in prices since first being introduced. Unlikestocks,bonds,real estateand other traditional investments, cryptocurrencies don’t produce cash flows or generate income for their owners, which makes their fundamental value difficult, if not impossible, to calculate. The digital coins also face an uncertain regulatory future, as countries evaluate how best to handle digital assets.\nWhenever you’re selecting a broker, it’s important to consider all of your needs. And for new traders in cryptocurrency, you’ll want to figure out whether you want to own the virtual currency directly or whether you want to trade futures, which offer higher reward, but also higher risk. If you’re looking to get started trading cryptocurrency,here are the key things you need to know.\nYou’ll also need to consider whether you want to trade more than Bitcoin, which is what the majority of traditional brokers restrict you to. If not, you may want to turn to a cryptocurrency exchange, since they offer more choice of tradable cryptocurrencies.', '• Bitcoin is trading above $70K, while Ether was above $3600 on Monday.\n• Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated.\nBitcoin {{BTC}} and ether {{ETH}} began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.\nAt the time of writing,bitcoin was stableat $70,000, whileether was trading near$3600, according to data from CoinDesk Indices. TheCoinDesk 20 (CD20), a measure of the largest and most liquid digital assets, was up 1.9%, trading at 2,750.\n“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at Singapore-based Presto Labs, said in an email interview. “However, as the Bitcoin halving event is expected to happen around April 20, implied volatility of front-month options remains elevated above 75%.”\nHe also noted that funding rates remain inflated, with most of the large-cap perpetual futures in major exchanges recording 6bps to 8bps funding rates and global open interest for BTC and ETH perpetual futures hitting 35 billion dollars.\n“The markets may return to a more volatile regime again,” he continued.\nMeanwhile, QCP Capital wrote in a telegram note that bitcoin was rallying before the long weekend because of positive inflow on bitcoin ETFs to the tune of $243.5 million on March 27.Coinglass data showsthat this inflow continued on March 28 with $182 million in additional inflow.', '• Bitcoin is trading above $70K, while Ether was above $3600 on Monday.\n• Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated.\nBitcoin {{BTC}} and ether {{ETH}} began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.\nAt the time of writing,bitcoin was stableat $70,000, whileether was trading near$3600, according to data from CoinDesk Indices. TheCoinDesk 20 (CD20), a measure of the largest and most liquid digital assets, was up 1.9%, trading at 2,750.\n“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at Singapore-based Presto Labs, said in an email interview. “However, as the Bitcoin halving event is expected to happen around April 20, implied volatility of front-month options remains elevated above 75%.”\nHe also noted that funding rates remain inflated, with most of the large-cap perpetual futures in major exchanges recording 6bps to 8bps funding rates and global open interest for BTC and ETH perpetual futures hitting 35 billion dollars.\n“The markets may return to a more volatile regime again,” he continued.\nMeanwhile, QCP Capital wrote in a telegram note that bitcoin was rallying before the long weekend because of positive inflow on bitcoin ETFs to the tune of $243.5 million on March 27.Coinglass data showsthat this inflow continued on March 28 with $182 million in additional inflow.', '• The spread between bitcoin and ether’s annualized 30-day historical volatility gauges increased to the highest in at least a year, according to data tracked by Kaiko.\n• The spot ETF inflows and Bitcoin blockchain’s impending halving seem to have catalyzed greater volatility in BTC.\nBitcoin {{BTC}}, the leading cryptocurrency by market value and trading volumes, is supposed to be relatively steady compared to other digital assets, protecting a trader’s portfolio from wild swings in the broader market.\nHowever, bitcoin has been more volatile than ether {{ETH}} recently.\nBitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points. That’s the highest spread in at least a year, according to data tracked by Paris-based Kaiko. Historical volatility indicates the degree of price turbulence observed over a specific period.\nThe bitcoin-ether volatility spread flipped positive weeks after the U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot bitcoin exchange-traded funds (ETFs), allowing traders to take exposure to the cryptocurrency without owning it.\nSince then, traders have beensquarely focused onthe activity in the spot ETFs, with net inflows breeding upside volatility in bitcoin and the broader crypto market. In the meantime, thedwindling probabilityof the SEC approving an ETH ETF by May seems to have demotivated ether traders.\nBitcoin blockchain’s upcomingreward halving, a quadrennial event that reduces the pace of per block BTC emission by 50%, could be another reason for relatively higher volatility in the cryptocurrency.\nOn April 21, the inbuilt code will reduce the per-block reward paid to miners to 3.125 BTC from 6.25 BTC, halving the miner’s revenue, which, as per ByteTree, is currently at $26 billion annually.\nThe consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.\nWhat’s different this time is that bitcoin has surpassed the previous bull market peak of around $69,000 weeks ahead of the halving, which makes the upcoming event all the more exciting for traders.\nPer Greg Magadini, director of derivatives at Amberdata, the bullish positioning ahead of the halving means potential for a “sell-the-news" pullback after the event.\n“The current positioning being so extended is setting the market up for a VERY interesting \'sell-the-news’ halving cycle play,” Magadini said in the weekly newsletter. “Should there be a real pullback, we stand to see excessive ∆1 [futures] OI become liquidated, volatility RR-skew to favor puts and a collapsing basis.”\nMagadini added that bitcoin’s options market has been pricing the halving event as well.\n“If we look at the options market, we see an interesting structure. A steep [IV] Contango before 4/26 and a high forward volatility kink for the 4/26 expiration. The options market is pricing in the halving event as well,” Magadini noted.\nThe implied volatility, or IV, is the market’s guess of future realized volatility. Usually, plotting IVs for different durations or expiries produces an upward-sloping curve called a contango.\nA steep contango ahead of the April 26 expiry means the market is expecting elevated BTC volatility as it heads into the halving. The forward volatility suggests the same.', '• The spread between bitcoin and ether’s annualized 30-day historical volatility gauges increased to the highest in at least a year, according to data tracked by Kaiko.\n• The spot ETF inflows and Bitcoin blockchain’s impending halving seem to have catalyzed greater volatility in BTC.\nBitcoin {{BTC}}, the leading cryptocurrency by market value and trading volumes, is supposed to be relatively steady compared to other digital assets, protecting a trader’s portfolio from wild swings in the broader market.\nHowever, bitcoin has been more volatile than ether {{ETH}} recently.\nBitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points. That’s the highest spread in at least a year, according to data tracked by Paris-based Kaiko. Historical volatility indicates the degree of price turbulence observed over a specific period.\nThe bitcoin-ether volatility spread flipped positive weeks after the U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot bitcoin exchange-traded funds (ETFs), allowing traders to take exposure to the cryptocurrency without owning it.\nSince then, traders have beensquarely focused onthe activity in the spot ETFs, with net inflows breeding upside volatility in bitcoin and the broader crypto market. In the meantime, thedwindling probabilityof the SEC approving an ETH ETF by May seems to have demotivated ether traders.\nBitcoin blockchain’s upcomingreward halving, a quadrennial event that reduces the pace of per block BTC emission by 50%, could be another reason for relatively higher volatility in the cryptocurrency.\nOn April 21, the inbuilt code will reduce the per-block reward paid to miners to 3.125 BTC from 6.25 BTC, halving the miner’s revenue, which, as per ByteTree, is currently at $26 billion annually.\nThe consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.\nWhat’s different this time is that bitcoin has surpassed the previous bull market peak of around $69,000 weeks ahead of the halving, which makes the upcoming event all the more exciting for traders.\nPer Greg Magadini, director of derivatives at Amberdata, the bullish positioning ahead of the halving means potential for a “sell-the-news" pullback after the event.\n“The current positioning being so extended is setting the market up for a VERY interesting \'sell-the-news’ halving cycle play,” Magadini said in the weekly newsletter. “Should there be a real pullback, we stand to see excessive ∆1 [futures] OI become liquidated, volatility RR-skew to favor puts and a collapsing basis.”\nMagadini added that bitcoin’s options market has been pricing the halving event as well.\n“If we look at the options market, we see an interesting structure. A steep [IV] Contango before 4/26 and a high forward volatility kink for the 4/26 expiration. The options market is pricing in the halving event as well,” Magadini noted.\nThe implied volatility, or IV, is the market’s guess of future realized volatility. Usually, plotting IVs for different durations or expiries produces an upward-sloping curve called a contango.\nA steep contango ahead of the April 26 expiry means the market is expecting elevated BTC volatility as it heads into the halving. The forward volatility suggests the same.', 'Litecoin (LTC)has made a significant surge, claiming the spot as the second best-performing cryptocurrency in the top 100. Over the past 7 days, Litecoin\'s price experienced a 24% gain, rallying past the $100 level.\nThe recent surge in Litecoin can be attributed, in part, to a statement by the United States Commodity Futures Trading Commission (CFTC). In a lawsuit against crypto exchange KuCoin, the CFTC classified Litecoin as a commodity. This declaration is significant as it places Litecoin outside the jurisdiction of the Securities and Exchange Commission (SEC), which subjects coin issuers to stricter regulations regarding securities.\nThe complaintfiledby the CFTC against KuCoin states, "KuCoin solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, swaps, and leveraged, margined, or financed retail transactions involving digital assets that are commodities including Bitcoin (BTC), Ether (ETH), and Litecoin (LTC)."\nThis designation as a commodity opens doors for Litecoin, making it more likely to receive endorsements and integrations without fear of potential SEC enforcement actions. Currently, Litecoin is trading at $110.25, representing a 31.7% increase in the last 30 days. This surge marks the second-best performing day for LTC this year, second only to an 18.7% spike on March 11.', 'A recentcourt ruling in the United Kingdomhas authorized the freezing of £6.7 million ($8.4 million) worth of assets belonging to Craig Wright in order to prevent him from evading court expenses. The decision was made after Wright, who falsely claimed to be Satoshi Nakamoto, the founder of Bitcoin, moved some of his assets outside of the U.K. following a court verdict that debunked his claims.\nAccordingto court documents, Wright transferred shares of his London firm, RCJBR Holding, to a Singaporean entity on March 18, which raised concerns that he was attempting to evade the costs and consequences of his loss in court. In response, Judge James Mellor endorsed a "worldwide freezing order" requested by the Crypto Open Patent Alliance (COPA) to cover the total court expenses of £6.7 million ($8.4 million).\nCraig Wright, an Australian computer scientist, falsely claimed to be Satoshi Nakamoto and filed copyright assertions regarding the Bitcoin network. In January 2021, he demanded the removal of the Bitcoin white paper from two websites. In response, COPA filed a lawsuit challenging Wright\'s claims, and on March 14, Judge Mellor ruled that Wright is not Nakamoto.\nIn 2023, Wright filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging copyright violations related to the Bitcoin whitepaper, its file format, and database rights to the Bitcoin blockchain. The Bitcoin white paper is now subject to an MIT open-source license, allowing anyone to reuse and modify the code for any purpose.', 'Delta-neutralETH-backedstablecoinprotocol,Ethena Labs, announces the end of their Shards campaign, which coincides with the release of the ENA token and theairdropfor participants.BadgerDAOdrops their latest product, eBTC, as well, while EthereumL2,Linea, unveils yet another campaign in a bid to attract liquidity to their chain.\nTotal Value Locked(TVL) across all chains recovers slightly asBitcoinreclaims key levels through the week andBitcoin ETFinflows turn positive again after five consecutive days of net outflows. Notable outperformers to the trend include Ethereum L2s, Linea,Base,Blastand Mode, which have all seen increases in TVL in the 30% range.\nSource:https://coinmarketcap.com/chain-ranking/\nNouveau discusses the airdrops space and how users should assess and decide on which airdrops to farm.\nTL;DR:\n• Airdrops are a positive flywheel, rewarding users while pumping protocol metrics which help them achieve higher valuations\n• Airdrops should be viewed similarly to a trade in terms of protocol chosen, capital used, fees incurred andreturn on investment\n• Focus capital on high-conviction airdrops and spray and pray with smaller amounts of capital\n• Explore moreon-chain, use more tokenless protocols in your regular actions and don’t be afraid to move on from a poorly performing farm.\nBadgerDAO launches eBTC, the mostdecentralizedform of BTC on Ethereum. Users can now deposit ETH,WETH,stETHorwstETHto borrow eBTC at zero fees, while earningstakingyields fromLido Finance.\nRollup-as-a-Service protocol,AltLayer, unveils staking for the ALT token. Staking is the first step in the release of MACH Alpha, a fast finality layer leveragingEigenLayer’s technology. The layer will be designed to supportOptimismandArbitruminitially.\nOther Product Launches and Updates\n• Real-world asset(RWA) platform,Ondo Finance, enables 24/7 redemption and subscription to OUSG, their product which invests inUS Treasuries. Beyond that,Ondowill also be transferring $95 million ofOUSG’s backing to BlackRock’s latest BUIDL fund.\n• Cross-chainmoney marketplatform,Pike Finance, announces the tokenomics for their governance token, P. In the same week, Pike conducted their presale, where PIU token holders can burn their PIU for a discounted price during the presale.\n• Liquid restaking protocol,EtherFi, kick off Points Season 2, which will run until 30th June, whereby 5% of theETHFIsupply will be distributed to participants. Stakers will receive more points the longer they stake their ETH with EtherFi.\n• Lending protocol,Notional Finance, launches V3 on Ethereum mainnet, opens up for deposits inUSDC,USDT, ETH andrETH.NOTEincentives are also live for users and can be maximized usingleveragedlending or borrowing strategies on Notional Finance.\n• Stablecoinprotocol,Angle Protocol, unveils USDA, their USD-pegged stablecoin, which operates alongside EURA, their Euro-peggedstablecoin. USDA holders can also stake their tokens for a yield derived from real-world assets.\n• ETHliquid staking token(LST) stablecoin protocol,PrismaFi, has been hacked for $12 million worth in mkUSD and wstETH. The protocol has since been paused by the team. Their two stablecoins,mkUSDandULTRAare also reported to have remained overcollateralized.\n• Liquidity bootstrapping pool(LBP) platform,Fjord Foundry, announces their upcoming LBP token sale on April 13, as well as the airdrop for the FJO token to users of Fjord V1 and V2 LBPs.\nConsenSys-backed L2, Linea, announces a new campaign for the chain, the Linea Voyage: Surge, which will last for the upcoming six months or until Linea reaches 3 billion in TVL, whichever occurs first. This campaign is also implied to be the last campaign on the chain.\nOther Product Launches and Updates\n• Arbitrum-basedperpetualsdecentralized exchange(DEX),Hyperliquid, announces upcoming support for spot trading on the platform as well as an upcoming airdrop of the PURR token to Hyperliquid point holders. 50% of the token supply will be dropped proportionally to points held, with the remaining 50% used forliquidity provision.\n• Liquidity management solution,Maverick Protocol, announces the upcoming Maverick V2 upgrade to their protocol, which will introduce greatergasefficiency, more flexibility overliquidity pooland directedMAVtoken incentives, which will be controlled via theirvote-escrowtoken model.\n• StarkNet-native DEX,SithSwap, kicks off the token sale for their governance token, SITH. Users can contribute to the token sale in STRK tokens, with 15% of the total token supply up for grabs. The token sale will end on 5th April.\n• Blast-basedNFTgame,Munchables, has been exploited for $62.5 million, due to a rogue developer on the team. The funds have, fortunately, since been transferred back to the protocol.\nStablecoin protocol, Ethena, announces the wrap up of their Shards campaign on 1st April, with thetoken generation event(TGE) and airdrop occurring on 2nd April. The top 2,000 accounts by number of Shards will be subjected to a linearvesting periodfor 50% of their allocated tokens.\nInteroperabilitylayer,Wormhole, announces the claim date for the W token airdrop as 3rd April.\nOmni-chainorderbookDEX, Orderly Network, launches their gamified trading campaign, “The Road to Order,” where users earn “Merits” for a share of the Orderly Network token when it launches. A significant portion of the token airdrop will be allocated to participants in this campaign.\nEugene discusses the reality ofmemecoinstaking the place as the optimal beta for theL1trade, withWIFsurging to new highs over the week and a similar observation on Base with Base memecoins.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'BlackRock(NYSE: BLK), the company that led the push for the first spot ETF forBitcoin, is back at it again, this time with an entirely new investment product for theEthereum(CRYPTO: ETH)blockchain. If all goes according to plan, this new product could revolutionize the way Wall Street does business.\nThat\'s a lot to ask, of course, but I think Ethereum could be ready to take full advantage of this potential new trillion-dollar market opportunity. With that in mind, let\'s take a closer look at what this new product is, why it launched on Ethereum, and how it could transform the world of finance.\nThe new product, called the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is a tokenized asset fund, and it\'s part of a long-term trend on Wall Street called asset tokenization. While the term "asset tokenization" might sound a bit intimidating, it simply refers to the process of transforming a real-world financial asset into a blockchain-based digital asset.\nIn this case, BlackRock is "tokenizing" nearly $100 million worth of cash, T-bills, and repos. When institutional investors buy into the fund, they receive acrypto tokenon the Ethereum blockchain that has several unique properties. For example, it behaves much like astablecoin, except that it also has the potential to pay out a daily yield. Stablecoins, which are usually pegged 1:1 to the U.S. dollar, aren\'t supposed to be able to do that! The reason BlackRock\'s crypto token can do this is the result of the efficiencies made possible by blockchain technology.\nThat\'s why this product -- even though it might be a bit difficult to fully wrap one\'s head around it -- could be so revolutionary. In theory, blockchain-based digital assets should be superior to traditional, real-world assets. And thus, by extension, they should be more attractive to investors. According to BlackRock, the new tokenized ass Last 60 Days of Bitcoin's Closing Prices: [43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-01 Financial & Commodity Data: - Gold Closing Price: $2236.50 - Crude Oil Closing Price: $83.71 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,371,652,787,694 - Hash Rate: 619839817.691122 - Transaction Count: 326410.0 - Unique Addresses: 648777.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks retreated on Wednesday as caution prevailed ahead ofa crucial inflation reportthat will guide expectations for interest rate cuts. The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%. Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. In the meantime, a report on fourth quarter GDP showed the economy grew at a slightly slower pace than initally thought in the final three months of 2023. The second estimate of fourth quarter GDP came in at 3.2% on Tuesday, down from the initial reading of 3.3%. In other asset markets, bitcoin (BTC-USD) continued its roaring rally, breaking above $63,000 on Wednesday to comewithin striking distanceof a fresh all-time high. The arrival of spot bitcoin ETFs has helped the cryptocurrency reach levels not seen since late 2021. Among big movers, shares of Beyond Meat (BYND) soared more than 30% after the plant-based meat companylaid out its turnaround plan, triggering a short squeeze. • Wed, February 28, 2024 at 9:12 PM UTCAlexandra CanalParamount says streaming losses peaked in 2022 as linear ad revenue plungesParamount Global (PARA) reported fourth quarter results on Wednesday that came in mixed as the company revealed full-year streaming losses peaked in 2022 while linear TV revenue continued to plummet.Paramount, like other media companies, has struggled amid a tough ad environment. Big Tech companies have seen their businesses rebound while smaller players have not.Linear ad revenue slumped 15% year over year in the quarter, steeper than the 12% drop expected by analysts and also worse than the 14% year-over-year slump seen in the third quarter.The company said the drop reflects continued softness in the global advertising market and a 5-percentage-point impact from lower political advertising. Advertising revenue in the quarter was also impacted by the Hollywood strikes.In one bright spot, Paramount reported a Q4 direct-to-consumer (DTC) loss of $490 million, narrower than analyst expectations of $534 million and the $575 million loss seen in the year-earlier period. The company reported a $238 million loss in the third quarter."We now expect to reach domestic Paramount+ profitability in 2025," Paramount CEO Bob Bakish said in the earnings release.•USD(PARA)FollowView Quote Details • Wed, February 28, 2024 at 9:06 PM UTCJosh SchaferStock rally takes a break ahead of inflation printStocks were lower on Wednesday ahead of a highly anticipated inflation update due out before the opening bell on Thursday.The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%.It was not, however, a quiet day for cryptocurrencies. Bitcoin (BTC-USD) surged above $63,000 per coin for the first time since 2021, sending crypto-related stocks rallying. MicroStrategy (MSTR) popped about 10% amid the rally and is now up almost 100% in the last month.•USD(BTC-USD)FollowView Quote Details • Wed, February 28, 2024 at 8:36 PM UTCJosh SchaferA look at Leap Day returnsTomorrow is Feb. 29, a day that only comes once every four years.While there isn't a true financial significance to Leap Day, we took a look back to see how the S&P 500 (^GSPC) has performed on the rare trading day. Our analysis shows it has been a positive day for the S&P 500 65% of the time. • Wed, February 28, 2024 at 7:30 PM UTCJosh SchaferThe Russell 2000 is benefiting from theme tradesOne of Wall Street'sfavorite callsto start this year was to buy small caps as many projected a broadening in the market rally.Thistrade largely flopped in January, as a few large tech stocks continued to drive the major indexes higher while small caps lagged.But in the last month, the themes that have dominated the broader market — artificial intelligence, weight-loss drugs and cryptocurrency— have helped small caps catch up to the other major indexes.•USD(^RUT)FollowView Quote DetailsWe've been flaggingmajor moves in stocks like Super Micro Computer (SMCI), Viking Therapeutics (VKTX), and Microstrategy (MSTR) as investors search for other ways to play these themes. All three of those stocks are up significantly in the last month, headlined by Viking Therapeutics' more than 350% move.All three of those stocks are also top 10 contributors to the total value of the BlackRock iShares Russell 2000 index (IWM), which closely mirrors the Russell 2000. This could help explain how small caps have participated in therecent momentum trade in markets.•USD(MSTR)FollowView Quote Details • Wed, February 28, 2024 at 7:05 PM UTCJosh SchaferBitcoin led theYahoo Finance trending tickers pageon Wednesday as the largest digital asset hit its highest level since 2021, at one point surpassing $63,000. Ethereum moved higher by less than 2% to just less than $3,300 per coin.•USD(BTC-USD)FollowView Quote DetailsBeyond Meat (BYND) soared more than 40% after the company reported better-than-expected revenue for the fourth quarter and announced plans to cut operating costs. The company's stockhad also been massively shortedheaded into the print.UnitedHealth Group (UNH) stock fell about 4% on Wednesday following a Wall Street Journal report that the US Department of Justice has launched an antitrust investigation into the company.•USD(BYND)FollowView Quote Details • Wed, February 28, 2024 at 6:45 PM UTCInes FerréFirst Solar stock jumps on earnings beat, strong demandThe solar industryhas struggledthis past year amid apileup of panelsand higher interest rates. Yet one outlier has been First Solar (FSLR), the largest US solar module manufacturer.Shares of the Tempe, Ariz.-based company ticked higher on Wednesday after posting better-than-expectedquarterly earningsand upbeat guidance."Despite industry macro challenges, such as global oversupply and pricing volatility, we continue to see strong mid- to long-term demand, especially in the United States," First Solar CEO Mark Widmar said during the company's earnings call.First Solar has been a major beneficiary of the Inflation Reduction Act, which allows domestic solar manufacturers to sell tax credits to other firms. Last year the companyagreedto sell $687 million in tax credits to fintech company Fiserv (FI).Wall Street analysts are bullish on the stock, with 25 Buy and seven Hold recommendations.Still, First Solar shares have been dragged down 12% year to date amid an overall slump in solar-related stocks.Readmore here.•USD(FSLR)FollowView Quote Details • Wed, February 28, 2024 at 6:32 PM UTCJosh SchaferCoinbase outage spooks bitcoin rallyAmid a rally in bitcoin (BTC-USD) that saw the world's largest digital currency reach over $63,000 per coin, a popular crypto exchange had a malfunction.On Wednesday afternoon, some users on Coinbase (COIN), which offers crypto trading, weren't able to see how much money was in their account or make transactions."We are aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling. Our team is investigating this issue and will provide an update shortly. Your assets are safe," the company said in a statement.Coinbase CEO Brian Armstrongwrote on X: "We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate."The news appeared to impact the bitcoin rally as the digital asset tumbled amid reports of the outages. • Wed, February 28, 2024 at 6:00 PM UTCBrian SozziA not so snoozy eBay stock?I was prepared to write something entirely different on eBay (EBAY) than what I will end up saying below.I was going to say could there be any more of a least exciting tech stock than eBay right now? Here we have GenAI sending Nvidia’s (NVDA)stock price to the moon, and eBay execs are discussing stronger sales of auto parts on its earnings call last night. What a snoozefest!Active buyers on the platform fell 2% year on year in the most recent quarter. They fell 9% year over year in the prior year's fourth quarter! Gross merchandise volume didn’t even grow in the final quarter of last year.But when all is said and done, stock prices do things for a variety of reasons. And eBay apparently did enough to get some folks on the Street chattering about the stock as a sort of value play in an overheated tech market.The company increased its stock buyback authorization by $2 billion. Non-GAAP operating margins of 26.7% also came in at the high end of the company’s guidance amid a focus on cost cutting.Sexy company? Nope. Sexy stock? Not exactly by most measures. But an intriguing earnings day that will likely get value investors kicking the tires on eBay in the near term. • Wed, February 28, 2024 at 5:43 PM UTCJosh SchaferStocks slide as crypto ralliesUS stocks were lower on Wednesday.The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) were down nearly 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.4%.But that didn't halt a rally in crypto-related stocks as bitcoin (BTC-USD) briefly reached above $63,000. Ebang International Holdings (EBON) and MicroStrategy (MSTR) led the crypto stock rally during afternoon trade. • Wed, February 28, 2024 at 4:45 PM UTCBrian SozziSalesforce is on the earnings clockTwo AI/cloud plays report earnings after the close today: Salesforce (CRM) and Snowflake (SNOW).I am most interested in Salesforce's numbers and earnings call commentary, however.There is a sense of "what's next" swirling around Salesforce after it boosted profit margins a lot in 2023 amid a cost-cutting drive. The company also unveiled a host of new AI tools last year, setting the stage for a further profit unlock in 2024.But to my point above, Salesforce shares are "only" up 7% in the past month compared to a 16% pop for Snowflake.Morgan Stanley analyst Keith Weiss had a dose of smart insight into sentiment on Salesforce right now:"With Salesforce performing just inline with large cap software intra-quarter, maintaining its valuation discount to the peer-set despite an easier bookings comparison, stable-to-improving [demand] checks, and price increases rolling through the model, we view Salesforce's upcoming FQ4 earnings as a likely positive catalyst for shares. While we acknowledge Salesforce has become increasingly embraced as an overweight name amongst the investing community since our upgrade in December, we still find a healthy amount of debate around the potential for (and timing of) a sustainable re-acceleration in revenue growth in our investor conversations, leading us to believe potential upside to FQ4 & FY25 (CY24) estimates is not yet in the price ahead of earnings."Catch up on what Salesforce has been up to ahead of earnings — I justchattedwith co-founder and CEO Marc Benioff at theWorld Economic Foruma few weeks ago. • Wed, February 28, 2024 at 4:00 PM UTCJosh SchaferWhat to make of a 'slightly' revised down GDP numberThe second estimate for fourth quarter gross domestic product (GDP) showed the US economy grew at a 3.2% annualized rate in the final three months of 2023, down from the initial 3.3% reading.Goldman Sachs' economics team led by Jan Hatzius noted that the GDP was "revised down slightly" but under the surface actually showed promising signs."Consumption, capex, and residential investment were all revised higher," Goldman's team wrote. "The downward revision [in GDP] mainly reflected lower inventory investment, which other things equal implies faster GDP growth in Q1."Oxford Economics chief US economist Ryan Sweet agreed. He described the "small" downward revision as "not troubling.""Mixed details do not warrant an immediate change to the baseline forecast for the economy to keep growing above its potential," Sweet wrote in a note to clients on Wednesday. • Wed, February 28, 2024 at 3:27 PM UTCJosh SchaferBitcoin surges above $61,000Perhaps the top story for markets on Wednesday isn't a stock. Once again, cryptocurrency has taken center stage as the world's largest digital coin is now selling for more than $61,000 per coin for the first time since 2021.Yahoo Finance's David Hollerith reports:The price of the digital asset is now up almost 19% on the week and 43% so far this year, due largely to excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January.Bitcoin was up more than 6% above $60,500 at last check, touching its highest point since November 2021. The current rally is testing whether the price can be pushed closer to its all-time high of $68,789. That apex came six months before a spectacular crash in 2022.•USD(BTC-USD)FollowView Quote Details"Ultimately, what we're seeing is crypto is kind of rising from the ashes of the 2022 market," said Ryan Rasmussen, a senior crypto research analyst for Bitwise Asset Management."Our assumption is that the price of bitcoin is going to achieve $125,000 by the end of 2025," Benchmark's Mark Palmeradded on Yahoo Finance Live.Investors are bidding other cryptocurrencies and related stocks higher too. Year to date, the second-largest cryptocurrency, ether (ETH), has outperformed bitcoin by more than 4% while the total market value for all crypto assets is up roughly 36% to $2.24 trillion, according to Coinmarketcap. • Wed, February 28, 2024 at 2:37 PM UTCJosh SchaferStocks open lowerUS stocks retreated on Wednesday, coming offa mixed closeas caution prevailed ahead of a crucial inflation report that will guide expectations for interest rate cuts.The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) were down more than 0.5%, while the S&P 500 (^GSPC) sagged 0.3%.Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. • Wed, February 28, 2024 at 1:30 PM UTCBrian SozziWe are still drilling down into Macy's big weekIn my mind, when you are a legacy retailer like Macy's (M) that communicates toinvestors the closure of 150 stores by 2026, it's not a one-day story.Rather this is a story that will unfold every single day inside the company and in the impacted communities until the process is done. It will be discussed at every single investment conference a Macy's executive speaks at between now and 2026. It will be discussed on the next umpteen earnings calls for the company.So if you own stock in Macy's, this is something that warrants deeper digging and staying on top of the situation (reading local news publications is helpful on this front). It's a major moment for the company that could have implications on whether it's in business 20 years from today.A few further thoughts after digging of my own last night:The size of Macy's:After Macy's closes these 150 stores, the company will have about 350 locations open in the US. That barely quantifies as a national retailer, let alone one that could compete effectively with Amazon (AMZN). The company is ceding a ton of market share to rivals such as discounter Target (TGT), which has almost 2,000 stores in the US. Kohl's (KSS) has 1,100 stores in 49 states.Citi's Paul Lejuez put context around the competitive dynamic in a new note this morning: "With Macy's putting over $2 billion in sales up for grabs over the next three years from its store closing plan, we believe this is most likely to benefit the off-price group (TJX Companies (TJX) in particular) that tends to pick up market share (sales) when department stores close stores."The losers:What happens when 150 Macy's stores vanish? The retailers that sell products at these stores lose a key outlet to offer merchandise. Lejuez highlighted a few potential losers, all of which are publicly traded: "Those brands that sell into Macy's (SHOO,PVH,RL,CRI,LEVI,COLM,VFC,CPRI) are likely to feel some sales pressure as a result of Macy's store-closing decision. Typically, sales put up for grabs by a department store do not end up getting picked up by other department stores."Yahoo Finance senior reporter Brooke DiPalma caught up with Macy's new CEO Tony Spring to discuss the store closures, among other topics. More on thathere. • Wed, February 28, 2024 at 12:30 PM UTCBrian SozziBeyond Meat's stock price goes into the beyondTo the beyond!We are witnessing a wild 55% move higher in Beyond Meat (BYND) shares this morning (was up 100% initially last night) after earnings last night. The company's ticker page is thehottest on Yahoo Financeas of this writing.The plant-based meat company is shaking up its operations (bye-bye jerky products), which may have gotten a few excited about a potential turn for this long-struggling business.Anytime you see an outsized move like this in a stock, it’s good practice to ask: Is there something else going on here?In the case of Beyond Meat, as you can see on its Yahoo Finance statistics page, it has amassive, massive short position. So, any small dose of perceived good news could be met with the type of fierce short-covering rally we have today.Using the premarket price, the stock is still down 95% from its 2019 record high.Before you go, I just talked to Beyond Meat's founder and CEO, Ethan Brown, late last week — catch up on the company's newest initiativeshere.... - Reddit Posts (Sample): [['u/zrad603', "Think we can fill a BCH block? Let's fill block 840,000 (The halving block)", 31, '2024-04-01 00:19', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', "The unfortunate thing about BCH, is even though the blocksize is bigger, the BTC blockchain actually gets more actual use. Let's try to fill a BCH block. The BCH halving is coming up this week, block 840,000 is currently estimated to be mined on early morning April 3rd. (Maybe even April 2nd) To celebrate, maybe we can try to fill that block. \n\nThe moment Block 839,999 gets mined, we can all send a bunch of small BCH transactions. Maybe we can even post BCH addresses on this subreddit and send a couple cents of BCH to each other. \n\n\nIs this a stupid idea? ", 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', '1bsmp92', [['u/LovelyDayHere', 20, '2024-04-01 00:28', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgmwlg/', '> Is this a stupid idea?\n\nTakes a lot of transactions to fill a block, but the problem is: You don\'t get to choose the size of block mined, that\'s up to whichever miners solves that "magic number" block...\n\nIt could be a 4MB block, an 8MB block, 16MB, 32MB or even a block found rapidly after the previous where the miner hasn\'t seen all the BCH transactions and so doesn\'t include them.\n\nYou\'d be extremely lucky to get a full 32MB block mined, because not all miners mine with that setting as their soft cap.\n\nI think the only way is if some miner would like to participate and help ensure a full block is mined, but even they cannot guarantee they\'ll be the first.\n\nExercise: Find all miners who have mined a full 32MB block in the past.', '1bsmp92'], ['u/siddsp', 20, '2024-04-01 00:33', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgnnf5/', "You're free to make as many transactions as you want. You can choose to fill a block. The network is permissionless.", '1bsmp92']]], ['u/publicclassobject', 'In your opinion, is Web3 a resume red flag?', 196, '2024-04-01 00:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', 'I have an attractive offer to join a Web3 startup. It’s backed by a tier-1 VC and the team is mostly from FAANG-tier companies. I believe they have a genuinely compelling use case for blockchain.\n\nI’m not really a big crypto bro or anything. I don’t even own any bitcoin or eth. I’ve always thought decentralization was super cool in theory, but have been turned off by the grifty/cringey culture surrounding the tech. \n\nI currently have a decade at a FAANG on my resume and am getting the itch to try a start up. \n\nOne hang up I have is that future employers might get a negative perception from crypto on my resume. \n\nWhat do you guys think? ', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', '1bsmv9f', [['u/Ok-Entertainer-1414', 40, '2024-04-01 00:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgne7y/', "It'd be a yellow flag for me but not insurmountable. I probably would probe around it a bit in an interview, but if the company's not doing something scammy like NFTs, and you can explain why blockchain plausibly was a good use case for whatever problem this software solves, I wouldn't hold it against you", '1bsmv9f'], ['u/potatolicious', 237, '2024-04-01 00:37', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgo8c2/', 'Yellow flag. Candidate could still be a solid engineer, but I’d have questions about product sense and judgment. \n\nThe yellow flag shifts a bit towards red for more senior and staff roles, where I put a much greater emphasis on sound judgment. I’d have some hard questions about the product and their role in defining it, as well as how they determine product need, technology choice, and measures of success. \n\nColor me skeptical about “we are an actually useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.', '1bsmv9f'], ['u/lightmatter501', 220, '2024-04-01 00:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgolul/', 'Will you actually be paid in a currency you can do taxes in? Many crypto companies want to pay in crypto. \n\nIf all goes well, yellow flag. But if it turns into a flaming trash heap while you are there that alone might get your resume tossed. FTX sponsored a sports stadium and turned out to be a scam, so don’t assume it’s too big to be a scam. \n\nI would look for a startup in a less scam-rich area of the industry if I were you.', '1bsmv9f'], ['u/publicclassobject', 84, '2024-04-01 00:43', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgp83i/', 'There is a Token component to the compensation, but base salary is paid in USD. The base is very competitive. Between 250-300k cash fully remote in the US.', '1bsmv9f'], ['u/lightmatter501', 65, '2024-04-01 00:48', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgpzim/', 'Have you talked with someone about what that is going to do to your taxes? Since most cryptocurrencies are not securities they have funny tax implications, and 250-300k puts you in the IRS’s favorite class to audit.', '1bsmv9f'], ['u/Main-Drag-4975', 25, '2024-04-01 00:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqlhw/', 'If said Google product seemed to have likely been a scam from the beginning then yeah, we would.', '1bsmv9f'], ['u/publicclassobject', 40, '2024-04-01 00:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqxnw/', 'Yeah. They have it set up so you can file an 83B before the network launches when the tokens have negligible value. Then you just owe capital gains when you sell.', '1bsmv9f'], ['u/Schmittfried', 13, '2024-04-01 00:56', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgr7pc/', 'To offer a different perspective, I‘d actually find you more interesting.\xa0', '1bsmv9f'], ['u/Onsquared', 14, '2024-04-01 01:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgs68u/', 'It depends on the type of work you are doing.\n\nIf you are cloning an existing contract, or making an other animal or food-inspired coin stay away. \n\nProductizing Web3 requires the patterns used for scaling standard microservices as well. So if you work on productization you will have a truly impressive resume.\n\nI have Web3 work on my resume(Eth based), and when I talk about my experience with smart contracts etc folks, seem fascinated by the work I did. \n\nI feel blockchain and web3 has some solid technology behind it. All the speculation has been a distraction from the core technology and the purpose blockchains were built. The space is truly fascinating with some interesting use cases such as lending( Maker DAI etc), decentralized exchanges(DEX), and more. \n\nIf you believe in the idea and team, go for it.\n\nGood luck!', '1bsmv9f'], ['u/United_Cat_3317', 31, '2024-04-01 01:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgsnz5/', 'I don’t even care… Money is money. I’d assume you did it for financial reasons.', '1bsmv9f'], ['u/huhblah', 21, '2024-04-01 01:08', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgt6pj/', ">I\xa0believe they have a genuinely compelling use case for blockchain\n\n\nSo they've either broken ground for the first time in 15 years and will finally succeed where literally everyone else has failed, or this is gonna end up as a massive red flag on your resume.", '1bsmv9f'], ['u/potatolicious', 13, '2024-04-01 01:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgtj0n/', 'Well, if the shitty Google product turned out to have been a massive scam, then yeah, I would have questions for the candidate about when they discovered that their work was a scam, and what they chose to do about that knowledge.', '1bsmv9f'], ['u/valadil', 229, '2024-04-01 01:20', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgv1ok/', 'Blockchain always struck me as a solution looking for a problem. If the company has a good use case for it, good for them.', '1bsmv9f'], ['u/tfehring', 90, '2024-04-01 01:22', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvcrr/', "If it's truly a compelling use case, you should be able to describe the products you're building and the value you're creating without mentioning that the underlying technology is blockchain/web3 at all, making it a non-issue. If you can't describe why the startup's work matters without mentioning that it's trustless or decentralized or whatever, I would steer clear.", '1bsmv9f'], ['u/publicclassobject', 22, '2024-04-01 01:23', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvjj1/', 'That’s a good rule of thumb. The blockchain is really just an implementation detail for these guys. I didn’t even realize there was a blockchain involved until I read their white paper.', '1bsmv9f'], ['u/publicclassobject', 12, '2024-04-01 01:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvumd/', 'Haha you should see some of the heists I have seen pulled in the corporate world. So many terrible technical decisions have been made to advance careers.', '1bsmv9f'], ['u/OldHummer24', 17, '2024-04-01 01:30', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgwkge/', 'Tbh, dark orange flag. Everytime I see web3 companies, I have no idea what on earth they are trying to do. My gut feeling tells me its a bunch of BS, therefore, I would give you more scrutiny if you have web3 stuff on resume. Web3 attracts the talkative BS personality type that says nothing with many words.', '1bsmv9f'], ['u/Dubsteprhino', 18, '2024-04-01 01:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgxxex/', "Given they're issuing a token, this crypto company seems shady", '1bsmv9f'], ['u/E3K', 23, '2024-04-01 01:40', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgy577/', 'Your examples all sound like solutions where there are no problems.', '1bsmv9f'], ['u/bedake', 28, '2024-04-01 01:41', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgy9h3/', 'Damn I need to screenshot your comment to show my non-tech friends that still think block chain and crypto are going to change the world lmao', '1bsmv9f'], ['u/zeke780', 17, '2024-04-01 01:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgyez5/', 'This is the lone answer that makes sense in this thread. Have worked at faang and startups, interviewed a ton at both. No one cares, if you worked at a hedge fund / other fang / Albertsons / whatever. It’s a paycheck and I’m gonna assume you did it for that.', '1bsmv9f'], ['u/SpiderHack', 71, '2024-04-01 01:44', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgyrhd/', 'so as someone with early-ish academic papers on it and a (useless) patent, the entire thing would come down to... Do they say "They were paying 2x what I was making before, I didn\'t actually believe in the product, but I worked hard to implement what they wanted" \n\n\nAt least that is an honest reasoning', '1bsmv9f'], ['u/sebzilla', 30, '2024-04-01 01:49', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgzigz/', "> Color me skeptical about “we are an actually useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.\n\nI did work a few years back for a company using blockchain to make tracking data tamper-proof in chain-of-custody tracking for perishable goods being shipped from the source to the retail outlet.\n\nLots of large chains like Walmart have problems with spoilage when things like eggs, fruits, milk etc that need to stay refrigerated get hauled long distances and change trucks a few times along the way, or get stored in intermediary warehouses. If they arrive spoiled, there's no way to really know where the failure occurred.\n\nSo this startup embeds small IoT devices on shipments (in the pallets if I recall) that have several sensors that can record timecoded data about the environmental surroundings (vibrations, temperature, humidity, light, etc) and act as an immutable electronic record of the trip.\n\nI'm sure blockchain isn't strictly _necessary_ to do this, but it was a good way to market the data as effectively tamper-proof and they claimed it made their implementation simpler (meaning cheaper devices/hardware in the pallets).\n\nI don't even remember the company's name, I helped them staff up the web team that was building the dashboard and reporting tools that customers used.", '1bsmv9f'], ['u/Flubert_Harnsworth', 17, '2024-04-01 01:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh07t1/', 'I honestly don’t know but given your background I would think you could easily find a startup position that doesn’t involve web3.\n\nI just remember hearing nothing but bad things from devs working for crypto startups around the last run.\n\nAlso, anecdotally my one friend/acquaintance who is an experienced dev in crypto kind of lives in banana land with the degree of conspiracy theories he subscribes to. I think that the industry tends to attract / contribute to a lot of that and I know I would find it exhausting to spend a lot of time around that.', '1bsmv9f'], ['u/nocrimps', 47, '2024-04-01 02:00', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh184x/', 'Only red flag I see in this thread is all the people who care more about where you work than what your skills and experience are.', '1bsmv9f'], ['u/PSMF_Canuck', 21, '2024-04-01 02:07', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh2bl2/', 'If you needed an accountant, would you hire one whose last gig was an Enron-like implosion?', '1bsmv9f'], ['u/taelor', 28, '2024-04-01 02:24', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh4tj5/', 'This thread is extremely eye opening to me. I never would have thought so many people would be so prejudice against a candidate for something like this.', '1bsmv9f'], ['u/nocrimps', 13, '2024-04-01 02:28', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh5ghb/', "I've known for a long time but it's surprising to see people openly admit it.\n\nWhy do you think you can't compete against ex FAANG engineers? People assume they are automatically better even though hundreds of thousands of engineers, probably millions of engineers, have worked at these companies.", '1bsmv9f'], ['u/sayqm', 27, '2024-04-01 02:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh74ra/', "Do you really want to work on something you don't believe in, every day?", '1bsmv9f'], ['u/chain_letter', 51, '2024-04-01 02:40', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7a2j/', 'I still laugh at this moment in 2017 at a startup when the CEO got the engineers together, an investor was willing to put up a ton of money if we could find a use for blockchain.\n\nWe went through the features, and landed on "It\'s a slow af publicly viewable write only database, this is worthless."', '1bsmv9f'], ['u/publicclassobject', 11, '2024-04-01 02:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7k17/', 'If it wasn’t clear, I do believe in this specific project.', '1bsmv9f'], ['u/Xenasis', 22, '2024-04-01 02:44', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh7w9s/', "> there are games out there using blockchains to modernize the old trading card game business model. it lets them offload the risk complexity around assuring authenticity and offering customer-to-customer marketplaces.\n\nAnd none of them are popular, because they're just reinventing the Steam marketplace but adding a needlessly complicated database to it.", '1bsmv9f'], ['u/Dubsteprhino', 12, '2024-04-01 02:46', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxh88vs/', 'Why not use dollars then? Why the specific token?', '1bsmv9f'], ['u/Daishiman', 15, '2024-04-01 02:58', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxha1a1/', "Software is deeply embedded in business space of whatever company you work on. And if you're an actual senior/staff/principal, product and business sense in a early-stage company is absolutely critical.\n\nIf you tell me, as a supposedly experienced engineer, that you don't understand how the features you build are supposed to be adding value to your customers and how that helps the company make money, I'd be deeply skeptical of the person's ability to make sound decisions.", '1bsmv9f'], ['u/FlamingTelepath', 48, '2024-04-01 03:04', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhatil/', "> I'm sure blockchain isn't strictly necessary to do this\n\nIt's a strictly worse way of doing it because its more expensive. The only possible way it would be better is if there is a specific law or regulation requiring a particular quality of the data, which is something that likely will never exist. I've worked with people who have been doing IoT stuff since the early 90s and all of these sorts of problems have already been figured out and are quite easy now.", '1bsmv9f'], ['u/jschelling', 21, '2024-04-01 03:04', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhau2m/', 'It’s all reddit/too online talk. I have crypto on my resume and it’s not a problem. You get to work on interesting tech, and incredibly smart engineers. Unsurprisingly interesting tech and high compensation attracts great talent', '1bsmv9f'], ['u/FlamingTelepath', 12, '2024-04-01 03:06', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhb862/', "> Do we automatically yellow flag anyone from google who worked on insert shitty google product ?\n\nI mean, I worked on Google Glass which was not directly a scam, but a product which was designed as a hiring strategy, not for actual sale. I have to explain this to almost everyone who looks at my resume but most people just see Google and don't care what I worked on.", '1bsmv9f'], ['u/GrandOpener', 48, '2024-04-01 03:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhdxto/', 'Chains like Walmart have this problem because people can’t be bothered to enter data, or trackers don’t get scanned, or any of a number of other problems that blockchain doesn’t even attempt to solve. They don’t have widespread issues with people entering correct data and then attempting to tamper with it later.\xa0\n\nYou said it best in the middle: this is a marketing stunt. It sells, but it is actually a worse solution than what already exists for the problems those chains actually have.\xa0', '1bsmv9f'], ['u/SequentialHustle', 10, '2024-04-01 03:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhe60f/', 'Dapper Labs? lmao', '1bsmv9f'], ['u/robertbieber', 26, '2024-04-01 03:42', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhgcwm/', '> I did work a few years back for a company using blockchain tech to make tracking data tamper-proof in chain-of-custody tracking for perishable goods being shipped from the source to the retail outlet.\n\nLet\'s be clear, the "blockchain tech" is adding zero value to this solution. The stuff that actually matters is the sensors, the blockchain is just a more expensive, less useful way to record the data', '1bsmv9f'], ['u/robertbieber', 15, '2024-04-01 03:46', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhgzok/', "As an engineer, I'm absolutely going to look at anything crypto/web3/blockchain/DLT/whatever on a resume and cringe. But the thing is it doesn't actually matter what I personally think about past roles, it matters what hiring managers will think. And what they're generally going to care about is how hard was it to get that job and do people who are good at building software tend to go there. If it's a company with well known VC backing and its engineering team is stacked full of people from well regarded tech companies, I doubt anyone whose opinion actually counts in a hiring process is going to hold it against you", '1bsmv9f'], ['u/RothIRALadder', 46, '2024-04-01 03:47', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhh5pv/', 'They check off every crypto scam one-liner. There is no compelling use for blockchain and there never will be (except scams and doing illegal things online).\n\nHowever, the original question of "is it a resume red flag" is not really, as long as you get practical software engineering knowledge from the job. Also the money. Really hard to say no to $250k in real dollars a year.', '1bsmv9f'], ['u/Dubsteprhino', 39, '2024-04-01 03:49', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhhie1/', 'Dude imma be real, that\'s like, "it\'s not a pyramid scheme it\'s a reverse funnel". It\'ll be bust within a few years', '1bsmv9f'], ['u/robertbieber', 41, '2024-04-01 03:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhhvzm/', 'Give whoever is recording the data a private key, when data is recorded it gets signed with that private key and sent to everyone who cares about it. Everyone involved can then verify for themselves that they received the data at N timestamp and use the signature to confirm that it came from the claimed sender. This is just basic public key cryptography that for some reason everyone seems to think you need a blockchain for nowadays', '1bsmv9f'], ['u/ICanHazTehCookie', 29, '2024-04-01 04:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhjpxw/', 'Right, there are plenty of good reasons to take a job even when you disagree with the product', '1bsmv9f'], ['u/ICanHazTehCookie', 17, '2024-04-01 04:09', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhk8lh/', "I'm just judging with minimal context so ignore me lol, but if blockchain can be a mere implementation detail, it seems unnecessary? If you're not leveraging the few upsides it actually has - an intentional leaky abstraction, I suppose - other implementations do literally everything else much better", '1bsmv9f'], ['u/Daishiman', 15, '2024-04-01 04:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhkepi/', 'Everything Web3 has to be assumed shady by default.', '1bsmv9f'], ['u/robertbieber', 17, '2024-04-01 04:14', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhkyfn/', "It's providing zero marginal value compared to other, better solutions. I guess strictly speaking it's providing negative marginal value, since the result is more expensive and less useful. We're not talking about a situation where there are a bunch of options that are all more or less fine, like someone picking MySQL and you think Postgres would have been a better choice. It's more like someone picked using a CNC machine to etch your data into stone as a method of persistence vs. using an actual database", '1bsmv9f'], ['u/it_rains_a_lot', 46, '2024-04-01 04:32', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhngv5/', 'If the money is right, I will believe whatever you tell me to believe', '1bsmv9f'], ['u/prisencotech', 42, '2024-04-01 04:32', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhnisv/', '> I believe they have a genuinely compelling use case for blockchain.\n\n```[x] Doubt.```', '1bsmv9f'], ['u/hbthegreat', 13, '2024-04-01 04:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhq9df/', "There are many legitimate use cases for blockchain that aren't scams and doing illegal things online. Supply chain traceability and audit ability, digital asset ownership (particularly of intangible assets such as carbon credits), zero knowledge proofs and decentralised self sovereign IDs just to name a few.\n\nThe general issue is that most companies operating in that space currently try to hit every nail with a blockchain hammer rather than using it as a tool to achieve an outcome just like any other tool in a tech stack. \n\nNote I say blockchain here. Not cryptocurrency. Crypto is a lot less applicable but still has some applications in cross border trading and lending via debt pools to the unbanked.", '1bsmv9f'], ['u/effectivescarequotes', 13, '2024-04-01 05:00', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhr8ax/', '"Trustless" and "decentralized" are just aspects of a system, not benefits.', '1bsmv9f'], ['u/FreshOutBrah', 12, '2024-04-01 05:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhrgze/', 'I wish I could get to the point where I’m genuinely weighing offers on stuff like that. For me it’s pay, WLB, and willingness to hire me- I have a hard enough time aligning those factors', '1bsmv9f'], ['u/NiteShdw', 50, '2024-04-01 05:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhv3vm/', "Having worked 6+ years in crypto, I completely disagree. \n\nIf they were ONLY paying in a token, then I would agree. But in this case, it's really no different than offering stock options.", '1bsmv9f'], ['u/NiteShdw', 26, '2024-04-01 05:35', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhvnic/', "There are many opinions here. I'll give one as someone that worked in crypto for 6 years, including working at a DAO. \n\nAs long as you are being paid in USD and benefits are included like every other employer, you're good. Everything else like tokens are just as worthless as options. Don't count that as comp. \n\nDon't let people that have never worked in crypto freak you out. It is just a job like any other. (Unless it's a DAO, then it's different)", '1bsmv9f'], ['u/soundman32', 14, '2024-04-01 05:38', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhvyp7/', "I'd be interested to know what the legitimate case is. Apart from crypto (which might as well be trading black tulips), there really isn't one that a simple database wouldn't solve perfectly well.\nThe big selling point of blockchain is the distributed public ledger, and if yours is private and or not distributed, why borher?", '1bsmv9f'], ['u/bluesquare2543', 16, '2024-04-01 05:58', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhydp4/', 'yeah I agree, it is the same thing as RSUs.\n\nEspecially if the salary is legit. I had the same situation for one of the big crypto companies back in 2021, but you have to cover your ass because I think the company failed.', '1bsmv9f'], ['u/xudoxis', 17, '2024-04-01 06:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxhz47e/', "You tell me a bit needs to get folded in half and moved across state I'll make it happen no matter how stupid an idea it is.\n\nI'll tell you what is a bad idea or how it could be done easier and cheaper. But we aren't making art, we aren't saving lives. Where that bit goes and who it canoodles with don't define me as a person.", '1bsmv9f'], ['u/alaksion', 90, '2024-04-01 06:29', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxi1pwl/', 'I think Web3 in general is the perfect solution for a problem that doesn’t exist.', '1bsmv9f'], ['u/prescod', 10, '2024-04-01 08:55', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxif6d0/', 'Whenever I see a blockchain technology that can legitimately never been done any other way, I also see some law being broken or routed around.\n\nSo yes: routing around laws (good or bad, depending on jurisdiction and specific law) is a “legitimate” use case for blockchain and pretty much the only one.\n\nBut how are you going to build a long-term successful legal company by providing products to criminals?', '1bsmv9f']]], ['u/Entire-Loss-7901', 'MSTR S&P 500', 24, '2024-04-01 00:27', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/', 'Lots of talk that MSTR will be eventually be added into the S&P 500 and lead towards a spike in the stock price, as pretty much every investor will be forced into hold some bitcoin/MSTR. However, as of present MSTR doesn’t fulfill the S&P 500 requirement of having four consecutive quarters of profitability. Does anyone know where MSTR stands on this requirement as of this moment?', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/', '1bsmvx4', [['u/Social_Errorist77', 20, '2024-04-01 01:12', 'https://www.reddit.com/r/MSTR/comments/1bsmvx4/mstr_sp_500/kxgtrvj/', 'Michael Saylor was the one pushing for FASB accounting where digitals assets can finally be reported on balance sheets. We have seen how stocks like CLSK and HUT have jumped on news of positive quarters and improved earnings despite NOTHING having changed in the financial structure of the stock. \n\nThis is the first quarter that MSTR is eligible to change to FASB accounting. I think they are going to do it. The timeline is too perfect and they have the event Microstrategy World right after (4/19) where I\'m quietly optimistic for something surprisng. \n\nThis is the GUY that campaigned for this and now he\'ll finally get to do it. I don\'t even know what their profit on their bitcoin horde is. It was over 5 billion $ a month ago so if anyone wants to do a quick calculation, please share.\n\nJudging by CLSK and HUT, I don\'t think anything is priced in by Tradefi. I don\'t think the "premium" at the moment has anything to do with this, given that it\'s not even definitive that they might do it this quarter. If they do, they are in the green.\n\nAnd not only that, but SPY requires that the trailing 4 quarters be profitible on an accounting basis. So they\'ll be green to go given that the profits would cover all the perceding ones\n\nThis stock really is a unicorn and alot of people are in disbelief about it.\n\nMichael Saylor is very wierd person that feels beholden to leave something to humanity. That Dot Com bubble bust really crushed him and ever since then, he\'s been trying to repay faith to the people of his company. I don\'t think you\'ll ever find a leader quite like him again that is actively trying to help shareholders. \n\nYou will never find an MSTR ever again.\n\nThat being said i think 6 to 9 months is pretty realistic outlook on their inclusion if they are eligible after this earnings report.(FASB accounting)', '1bsmvx4']]], ['u/zoomzoom183', 'I sold $5000 BTC, account still restricted despite successful verification...', 40, '2024-04-01 00:46', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/', "I sold $5000 of Bitcoin (BTC) for USD Coin (USDC) on Coinbase, I encountered an issue where my account became restricted, preventing me from cashing out. Despite having previously verified my account successfully, I am unable to access my funds. I contacted Coinbase's live chat for assistance and was told to expect an email response regarding the situation. However, I have not received any communication or resolution from Coinbase...", 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/', '1bsnd6d', [['u/zoomzoom183', 11, '2024-04-01 00:47', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgpvzs/', "[https://imgur.com/a/15772XW](https://imgur.com/a/15772XW) here is what it shows me when I click 'cash out'.", '1bsnd6d'], ['u/zer0nerd', 16, '2024-04-01 01:27', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgw4ro/', 'Open a ticket at BBB.', '1bsnd6d'], ['u/whatsyours10', 15, '2024-04-01 01:43', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgymnl/', 'I’m beginning to think that Coinbase has $0.00 in cash accounts to satisfy withdrawals. I wonder if they know of SBF and his money irregularities? Trouble is I’m not sure that ANY of the crypto exchanges are trustworthy. Prove me wrong, please.', '1bsnd6d'], ['u/BetLongjumping5132', 11, '2024-04-01 01:50', 'https://www.reddit.com/r/CoinBase/comments/1bsnd6d/i_sold_5000_btc_account_still_restricted_despite/kxgzn6x/', 'I think it is an attempt to comply with Regs and AML but they have poorly programmed systems and terrible support.', '1bsnd6d']]], ['u/SmartAndStrongMan', 'Why does the halving matter anymore?', 103, '2024-04-01 01:50', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/', 'I posted this in the bitcoin sub and got deleted.\n\nIn prior cycles, miners had a disproportionate control over the supply of bitcoins, so cutting their supply of bitcoins in half would obviously lead to large supply shocks.\n\nNow that 400+K bitcoins are being traded daily and with the vast majority of bitcoins now mined, why does 450 fewer daily bitcoins even matter anymore? Why is everyone acting like the halving is a big deal when the effects on total daily volume are so miniscule? It just sounds like delusional bull euphoria.', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/', '1bsovhc', [['u/_tobias15_', 176, '2024-04-01 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh0wdf/', 'When you put your life savings into a speculative bubble, anything that can ramp up speculation matters.', '1bsovhc'], ['u/Studstill', 56, '2024-04-01 02:00', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1931/', '"400000" "traded" "daily", eh?\n\nLol. Delusional.', '1bsovhc'], ['u/Studstill', 10, '2024-04-01 02:01', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1clb/', 'What\'s a "cycle" in this most stupid of fucking contexts?', '1bsovhc'], ['u/HopeFox', 55, '2024-04-01 02:03', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh1mw9/', "Even if we pretend that the demand is real and that the trading volume is real... you're precisely correct, the additional supply from mining is irrelevant.", '1bsovhc'], ['u/Master_Engineer_5077', 46, '2024-04-01 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh5ke8/', 'Blockchain is irrelevant. No one uses it. people buy IOUs to supposed database entries on this stupid thing they call blockchain that destroys value. To phrase this the way a bitcoiner would, "off chain" transactions are almost 100% at this point.', '1bsovhc'], ['u/mechanicalcontrols', 11, '2024-04-01 02:35', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh6hs4/', "After 210,000 blocks, (very close to 4 years but it's based on the number of blocks not passage of time) the amount of Bitcoin generated by solving the hash function of a block goes down by half. It should happen pretty soon and it's like the only source of hype bitcoin has left after all the stimulus money from 2021 dried up and the ETFs didn't lead to major inflows that the true believers predicted would happen.", '1bsovhc'], ['u/furikawari', 12, '2024-04-01 02:38', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh6xu8/', 'The miners are compensated for wasting electricity (and investment capital) by the mining reward. If you make bad assumptions about the demand curve, you can construct an argument that the price will go up because the payment for finding the magic nonce (in bitcoin) goes down while the cost of finding the magic nonce (in dollars) stays the same. \n\nIn reality it “won’t matter” because the miners have a lot they haven’t sold, but it “will matter” because the market is delusional and/or fraudulent.', '1bsovhc'], ['u/TSM-', 20, '2024-04-01 02:46', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh892e/', "It's worth almost as much as rare ape nft.", '1bsovhc'], ['u/BerlinBorough', 27, '2024-04-01 02:49', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxh8noz/', 'Only Halving that is happening in crypto is SBF halving his prison rations for protection in the slammer.\xa0', '1bsovhc'], ['u/Rokey76', 11, '2024-04-01 03:01', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhae55/', 'Because Bitcoin operates on the concept "Past performance guarantees future results."', '1bsovhc'], ['u/Prestigious_Guest182', 18, '2024-04-01 03:05', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhazue/', 'I’m trying to work this out too.\n\nWith fewer rewards for miners, we expect miners to close shop. Not all. How many is debatable. But profits from mining alone are tough as it is and when they drop by 50% it’ll surely knock a few out.\n\nSo the next equation is trading fees. The other way miners make money. For that to make profit you need bitcoin changing hands all the time. Lots of fees. If this were a currency, you’d get that. But no one does that (they’re all HODLER’s, right?) and it’s not well built for that anyway due to slowness.\n\nSo I suspect miners being knocked out will be substantial.\n\nHow that affects price? I’m not sure. But I can’t see how it’s bullish.\n\nThe bullish argument is fewer coins, more demand = higher prices. And that’ll offset the smaller rewards for miners.\n\nOf course bitcoiners always assume is more buyers are just over the horizon. Line always goes up.\n\nIssue is without any substantial utility, more buyers will dry up. I’m sure of it. It’s just a matter of when. And the irrational market can stay around longer than you predict.', '1bsovhc'], ['u/Hairy_S_TrueMan', 10, '2024-04-01 03:11', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhbyhv/', "It doesn't. Transaction fees will just go up. It's an obvious conclusion but one bitcoiners have to avoid to generate hype.\xa0", '1bsovhc'], ['u/AmericanScream', 28, '2024-04-01 03:53', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhi1ac/', 'In the world of crypto, which produces absolutely nothing in society that people need, there has to be some kind of "news flow" that fuels the hype-cycle that attracts greater fools. Every few months there will be something, and some of those things happen at certain intervals like the halvening. \n\nIn reality, the halvening does matter. It progressively makes it less profitable to operate the blockchain. And in order to sustain the blockchain, trading prices have to constantly grow, which is why a big deal is made of it. But does it make sense? Only from a propaganda/deception standpoint.', '1bsovhc'], ['u/Desiato2112', 21, '2024-04-01 03:59', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhiw3m/', "Yep. \n\nOP don't be messing with bull wave. I need to fleece the greater fools.", '1bsovhc'], ['u/Studstill', 14, '2024-04-01 04:28', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhmymq/', 'Few fam, I was in like 3rd grade when Pogs blew up.\n\n8 year olds. 8 year old humans can identify "trading" little cardboard pictures or from denser equally worthless scrap materials as a waste of labor or time. \n\nAnd Pogs were r e a l eff eff essssss.\n\nSo I\'m supposed to read a w e b s i t e that tells me functional adults are "trading" by the "hundreds of thousands" identical nonexistent representations of entries digitally recorded in the answer to the question of what\'s the shittiest possible way to record data, like if you wanted to fuck some one over what\'s the method you\'d tell them to do?\n\nFew fam, respectfully to entities sharing organs and votes with us\n#fuck that\n\n>I lol for if I did not I would scream without end.\n\n>Alan Alda, M.A.S.H', '1bsovhc'], ['u/NotAFishEnt', 30, '2024-04-01 04:29', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxhn4pi/', "If the market were rational, the remaining supply would already be priced in. It's public knowledge how much Bitcoin will eventually be mined, and investors can set their price targets based on that knowledge.", '1bsovhc'], ['u/customtoggle', 11, '2024-04-01 08:18', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxic25g/', '>But sure. Bitcoin had no value and is purely speculative\n\nA butter speaks the truth\n\n*SHOCK HORROR*', '1bsovhc'], ['u/RidingUndertheLines', 15, '2024-04-01 08:42', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxie4c3/', 'Yup, investors can do their due diligence by looking at Bitcoin annual revenues, profits and other publicly disclosed information.', '1bsovhc'], ['u/Rokos_Bicycle', 25, '2024-04-01 08:49', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxienpp/', 'Yesterday was Easter Sunday. A friend of mine transferred some money to me and it arrived in less than a minute, using Australia\'s interbank Osko system.\n\nBut sure, bitcoin "solves" whatever problem you imagine I have with this system.', '1bsovhc'], ['u/PyramidConsultant', 10, '2024-04-01 09:39', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxiimbu/', "Common sense IS allowed, but we don't like stupid crypto propaganda.", '1bsovhc'], ['u/bazelistka', 15, '2024-04-01 10:52', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxio9ps/', "Huh? I can transfer funds on a weekend and they arrive instantly. Why do bitcoin proponents always seem stuck in some archaic idea of a banking system? Aren't you supposed to be forward thinking and up to date on this stuff?", '1bsovhc'], ['u/AgentBond007', 33, '2024-04-01 11:51', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxisz5r/', "Butters would do well to learn the wisdom of Wallstreetbets when it comes to things being priced in.\n\n> Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb fucking question again.", '1bsovhc'], ['u/tjscobbie', 16, '2024-04-01 12:25', 'https://www.reddit.com/r/Buttcoin/comments/1bsovhc/why_does_the_halving_matter_anymore/kxivz88/', "I'd love a breakdown of what those transactions are accomplishing. You have that handy?\xa0", '1bsovhc']]], ['u/SuperSan93', 'First time buyer', 42, '2024-04-01 02:16', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/', 'With the bull run around the corner I realized I needed to diversify my investments a little bit more and purchase some L1s with potential. So I bought 2k USD of Algo.\n\nI did some cover research into the coin but are there any recommendations for reading material?\n\nAny recommended hotwallets where I can store my Algo. Like Trust wallet or BTCs Muun for example.\n\nFinally, is there a specific bag size that people generally aim for?', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/', '1bsphpo', [['u/Background-Ad-2102', 24, '2024-04-01 02:25', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxh4y0y/', 'X (twitter) is a good way to stay up to date on projects. Follow John Alan Woods (CTO) or Staci Warden (CEO). MJ Algo and Eldar also post a lot of projects and updates.\n\nPera Wallet is most popular hot wallet. Defly is probably 2nd.\n\nPeople probably want to aim for 30k algo for the upcoming node incentive rewards.', '1bsphpo'], ['u/notyourbroguy', 12, '2024-04-01 03:27', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxheapg/', 'The Lex Friedman interview with Silvio Micali on YouTube is a great starting point.', '1bsphpo'], ['u/bialy3', 10, '2024-04-01 04:10', 'https://www.reddit.com/r/AlgorandOfficial/comments/1bsphpo/first_time_buyer/kxhke7r/', 'Check out the Algorand roadmap:\n\nhttps://www.algorand.foundation/2024-roadmap', '1bsphpo']]], ['u/brandoninc95', 'Will VGA price increase as bitcoin price increased too?', 20, '2024-04-01 02:25', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/', "I remembered it, it was 2017, crypto was a thing back then, all of the dealers in my country has a GPU Shortage, because all of the miners buying all the GPU to mine crypto. And now it's happening, bitcoin reached it's all time high, will it be the same? Fyi I paid ridiculous amount for a 1060 6GB, around 450$ish because of the shortage. I regret it that much, should I upgrade now or wait until the crypto crash again? IDK pls help me", 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/', '1bspooi', [['u/MarxistMan13', 54, '2024-04-01 02:38', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/kxh6y1b/', 'Unless something has changed recently, GPUs are not really used for mining anymore. Specialized ASICs have taken over.', '1bspooi'], ['u/dweller_12', 27, '2024-04-01 02:48', 'https://www.reddit.com/r/buildapc/comments/1bspooi/will_vga_price_increase_as_bitcoin_price/kxh8jxz/', "No, GPUs are useless for mining ETH now, only other garbage coins that have wildly fluctuating values. After electric costs virtually none are profitable.\n\nAI model training has increased prices of certain GPUs with very high VRAM amounts (3090, 3090ti, 4090) but outside of that there isn't much demand for gaming GPUs besides gaming.", '1bspooi']]], ['u/WWCJGD', 'The Moon pump IS coming.', 24, '2024-04-01 03:41', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs/the_moon_pump_is_coming/', 'People need to think about how alt markets happen. They happen when a large portion of people have profits - we need to push like 85k BTC and next alt season is upon us. Moons WILL be scarce then. I hope your bags are packed. A few k will be life changing.', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs/the_moon_pump_is_coming/', '1bsrbxs', [['u/WWCJGD', 10, '2024-04-01 03:45', 'https://www.reddit.com/r/CryptoCurrencyMoons/comments/1bsrbxs... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "• US stocks traded mostly lower on Monday following the release of strong economic data.\n• The ISM manufacturing index rose to 50.3 in March, representing the first monthly expansion since 2022.\n• The data poured cold water on hopes for interest rate cuts in June.\nStocks dropped and bond yields spiked on Monday after solid economic data poured cold water on hopes of a June interest rate cut from the Federal Reserve.\nManufacturing activity as measured by the ISM Index jumped to 50.3 in March, well ahead of expectations. The data represented the first monthly expansion in manufacturing since 2022. Component prices also shot up in the ISM report, raising concerns about stubborn inflation.\nIf inflation reaccelerates, the Fed would likely err on the side of caution and postpone its planned interest rate cuts. The probability of a Fed interest rate cut in Junefell below 50%immediately following the ISM report, according to data from Bloomberg.\nProspects for a June interest rate cut were initially higher on Mondayas investors reacted to Friday's release of PCE inflation data,which was in line with expectations.\nHere's where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,243.77, down 0.2%\n• Dow Jones Industrial Average:39,566.85, down 0.6% (241 points)\n• Nasdaq Composite:16,396.83, up 0.1%\nHere's what else happened today:\n• Trump Media stock dropped 26% on Mondayafter the company released updated financial data that showed growing losses.\n• Gold prices hit a record high on Monday to above $2,260 per ounce.The surge comes as investors anticipate interest rate cuts from the Fed.\n• Retail investors are piling into riskier, high-leverage ETFsthat track the stock market amid new record highs.\n• The value of Truth Media and Technology Group does not appear sustainablegiven its paltry revenue and sizable losses, BI's Emily Steward writes.\n• Meme stocks are making a comebackas retail investors start to get more excited about the stock market.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.94% to $83.95 a barrel.Brent crude, the international benchmark, jumped by 0.70% to $87.61 a barrel.\n• Goldjumped 1.05% to $2,261.90 per ounce.\n• The 10-year Treasury yield rose 12 basis points to 4.33%.\n• Bitcoindropped by 2.70% to $69,390.\nRead the original article onBusiness Insider", 'The Chinese government has introduced a new public blockchain infrastructure platform led byConflux Network, a multichain blockchain ecosystem under the Conflux Foundation. The platform, called the "Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative," has been designed to provide a foundation for cross-border applications on a public blockchain.\nAccordingto Conflux Network, the main objective of this project is to establish a robust public blockchain infrastructure that supports the implementation of cross-border cooperation projects aligned with the Belt and Road Initiative. The platform aims to foster collaboration and enable the development of applications that demonstrate seamless cooperation across international borders.\nAs calls for greater scrutiny of the crypto industry persist, China is preparing to make a significant amendment to its Anti-Money Laundering (AML) regulations. This amendment, the first major revision since 2007, aims to impose stricter guidelines on cryptocurrency-related transactions to combat money laundering. Recent reports have indicated that "virtual currency trading platforms" facilitated an underground banking operation worth $2.2 billion, evading the country\'s foreign exchange restrictions.\nThe Chinese government\'s foray into blockchain infrastructure comes despite its previous strict stance on cryptocurrencies. China began tightening its control over the crypto industry in 2017, leading to the closure of local Bitcoin exchanges. In 2021, Beijing further intensified the crackdown on cryptocurrencies by banning trading and mining and prohibiting offshore exchanges from operating within the country. Prior to these measures, China controlled a significant portion of the global Bitcoin mining hashing power.', "• Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November.\n• Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March.\n• June Fed rate cut probability dipped below 50% after the manufacturing data.\nBitcoin {{BTC}} faced selling pressure during Asian trading hours on Tuesday as upbeat U.S. factory data lifted the dollar index (DXY) to the highest since mid-November.\nThe leading cryptocurrency by market value fell 4% to $66,342 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000,CoinDesk data show. The broader crypto market nursed losses, with ether {{ETH}}, Solana's SOL and Dogecoin {{DOGE}} registering more significant losses. Meanwhile, thebroader CoinDesk 20 indexfell nearly 8%.\nThe dollar index, which tracks the greenback’s value against major fiat currencies, topped the 105 mark for the first time over four months, taking the four-week gain to 2.58%. A stronger dollar makes dollar-denominated assets like bitcoin and gold expensive, potentially leading to lower demand. Besides, sustained dollar strength is known tocause financial tighteningworldwide, denting investors’ willingness to take risks.\nThe Institute for Supply Management’s (ISM) manufacturing purchasing manager’s index (PMI)released Mondayshowed that factory activity unexpectedly expanded in March, the first growth since September 2022.\nThe PMI rose 2.5 points to 50.3 last month following February’s 47.8 reading. The headline figure crossed into expansion territory above 50, halting 16 straight months of contraction and weakening the case for Fed rate cuts. The new orders index also moved back into expansion territory and the prices index jumped to 55.8%, up 3.3 percentage points compared to the reading of 52.5% in February.\nAccording toBloomberg, the amount of Fed rate cuts priced into swap contracts for this year has declined to less than 65 basis points following the manufacturing report. In other words, the market now expects the Fed to walk back on its forecast of three 25-basis point rate cuts for 2024. The probability the Fed will deliver the first rate cut in June has dropped below 50%.\n“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday.\nSome analysts, however, believe theballooning fiscal debtwill eventually force the Fed to cut rates rapidly, offering a major bullish tailwind to crypto prices. The Fed raised rates from zero to 5.5% in 16 months to July 2023 to tame inflation. The so-called tightening was partly responsible for bitcoin’s 80% price crash in 2022.\nLooking ahead, bitcoin may remain volatile for some time as several job reports are lined up this week, including Friday’s nonfarm payrolls figure and the unemployment rate. Besides, Bitcoin blockchain’s quadrennial miningreward halvingis due later this month.", "• Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November.\n• Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March.\n• June Fed rate cut probability dipped below 50% after the manufacturing data.\nBitcoin {{BTC}} faced selling pressure during Asian trading hours on Tuesday as upbeat U.S. factory data lifted the dollar index (DXY) to the highest since mid-November.\nThe leading cryptocurrency by market value fell 4% to $66,342 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000,CoinDesk data show. The broader crypto market nursed losses, with ether {{ETH}}, Solana's SOL and Dogecoin {{DOGE}} registering more significant losses. Meanwhile, thebroader CoinDesk 20 indexfell nearly 8%.\nThe dollar index, which tracks the greenback’s value against major fiat currencies, topped the 105 mark for the first time over four months, taking the four-week gain to 2.58%. A stronger dollar makes dollar-denominated assets like bitcoin and gold expensive, potentially leading to lower demand. Besides, sustained dollar strength is known tocause financial tighteningworldwide, denting investors’ willingness to take risks.\nThe Institute for Supply Management’s (ISM) manufacturing purchasing manager’s index (PMI)released Mondayshowed that factory activity unexpectedly expanded in March, the first growth since September 2022.\nThe PMI rose 2.5 points to 50.3 last month following February’s 47.8 reading. The headline figure crossed into expansion territory above 50, halting 16 straight months of contraction and weakening the case for Fed rate cuts. The new orders index also moved back into expansion territory and the prices index jumped to 55.8%, up 3.3 percentage points compared to the reading of 52.5% in February.\nAccording toBloomberg, the amount of Fed rate cuts priced into swap contracts for this year has declined to less than 65 basis points following the manufacturing report. In other words, the market now expects the Fed to walk back on its forecast of three 25-basis point rate cuts for 2024. The probability the Fed will deliver the first rate cut in June has dropped below 50%.\n“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday.\nSome analysts, however, believe theballooning fiscal debtwill eventually force the Fed to cut rates rapidly, offering a major bullish tailwind to crypto prices. The Fed raised rates from zero to 5.5% in 16 months to July 2023 to tame inflation. The so-called tightening was partly responsible for bitcoin’s 80% price crash in 2022.\nLooking ahead, bitcoin may remain volatile for some time as several job reports are lined up this week, including Friday’s nonfarm payrolls figure and the unemployment rate. Besides, Bitcoin blockchain’s quadrennial miningreward halvingis due later this month.", 'AfterBitcoin (BTC) made an attempt to retest the $68,000 support level on April 1, it faced further weakness as the largest cryptocurrency broke below the $68,000 level, falling 5.38% to trade at $66,700 at the time of writing. BTC has declined by 6.3% since the start of Q2.\nInstitutional outflows from spot Bitcoin ETFs continue after the long Easter weekend, likely inducing further downside to the price of Bitcoin.\nOn April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million.\nQCP Capital, a Singapore-based trading firm and market maker, warned of increased downward pressure across cryptocurrency spot markets in its latest "Asia Morning Color" update on its Telegram channel.\nThey reported that the crypto options market provided early insight to the current sell-off, where significant interest in selling calls and buying puts in both BTC and ETH put downward pressure on spot prices.\nThey also pointed out that the sharp sell-off in BTC and other crypto assets were due to large liquidation on exchanges like Binance. Perpetual contracts funding rates reset from as high as 77% to flat.\nExamining the exchange order book liquidity on Binance, trading resource Material Indicators indicated a challenging picture for BTC\'s price action leading up to the upcoming Bitcoin halving. The firm highlighted increasing bid liquidity toward $60,000, suggesting that "smart money" had placed bids down to $62,000.', 'AfterBitcoin (BTC) made an attempt to retest the $68,000 support level on April 1, it faced further weakness as the largest cryptocurrency broke below the $68,000 level, falling 5.38% to trade at $66,700 at the time of writing. BTC has declined by 6.3% since the start of Q2.\nInstitutional outflows from spot Bitcoin ETFs continue after the long Easter weekend, likely inducing further downside to the price of Bitcoin.\nOn April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million.\nQCP Capital, a Singapore-based trading firm and market maker, warned of increased downward pressure across cryptocurrency spot markets in its latest "Asia Morning Color" update on its Telegram channel.\nThey reported that the crypto options market provided early insight to the current sell-off, where significant interest in selling calls and buying puts in both BTC and ETH put downward pressure on spot prices.\nThey also pointed out that the sharp sell-off in BTC and other crypto assets were due to large liquidation on exchanges like Binance. Perpetual contracts funding rates reset from as high as 77% to flat.\nExamining the exchange order book liquidity on Binance, trading resource Material Indicators indicated a challenging picture for BTC\'s price action leading up to the upcoming Bitcoin halving. The firm highlighted increasing bid liquidity toward $60,000, suggesting that "smart money" had placed bids down to $62,000.', "• Major tokens experienced a significant drop in the past 24 hours, with bitcoin falling 5% and other major tokens like ether, Cardano's ADA, and BNB Chain’s BNB showing similar losses.\n• Liquidations of long positions, or bets on higher prices, amounted to over $400 million, while shorts, or bets against, took on a relatively smaller $85 million.\n• Analysts at Bitfinex suggested that bitcoin is likely to remain range-bound in the coming weeks as long-term investors sell off holdings.\nMajor tokens slid as much as 8% in the past 24 hours as bitcoin {{BTC}} reversed last week’s gains amid selling pressure causedby a stronger dollar, leading to over $400 million bullish bets being liquidated.\nData shows that bitcoin fell 5%, with ether {{ETH}}, Cardano’s ADA, and BNB Chain’s BNB showing similar losses. Solana’s SOL dropped 7% to trade at $185 after briefly touching $200 on Monday, while Dogecoin {{DOGE}} dropped more than 8%. Bitcoin Cash’s BCH fell 10% amid profit-taking after a 40% rally in the past week, buoyed by the expectedhalving eventfor the network on April 4.\nThe broad-basedCoinDesk 20, a liquid index tracking major tokens minus stablecoins, slumped just over 5%.\nLongs, or bets on higher prices, took on more than $400 million in liquidations, with shorts, or bets against, taking on a relatively smaller $85 million. A liquidation happens when a trader has insufficient funds to keep a leveraged trade open.\nAnalysts at crypto exchange Bitfinex told CoinDesk in an email that some long-term investors sold off holdings in the past week, adding they expect bitcoin to be range-bound in the coming weeks.\n“We believe that bitcoin is likely to continue to consolidate within a range, as previously dormant supply, particularly among Long-Term Holders (LTHs), is being sold (although at a relatively smaller scale than previous bull market tops),” Bitfinex said.\n“There is strategic profit-taking observed among the LTH cohort (holders of BTC of more than 155 days),” the analysts added.\nElsewhere, FxPro senior market analyst Alex Kuptsikevich said in a message that bitcoin faces resistance at the $71,000 level as broader markets show caution against riskier assets.\n“Bitcoin's fourth attempt to consolidate above $71K this week was unsuccessful. The Nasdaq100 also showed some downward bias, indicating a cautious attitude towards risky assets, although the S&P500 closed at another high,” Kuptsikevich said. “Bitcoin has thus found strong resistance, and the $69.5K and $68.5K levels attract our increased attention.”", '(Updates at 0920 GMT)\nBy Harry Robertson and Kevin Buckland\nLONDON/TOKYO, April 2 (Reuters) - The U.S. dollar hit its highest in almost five months on Tuesday as stronger-than-expected economic data caused investors to cut their bets on a June rate cut, boosting the currency.\nFears of intervention by Japanese officials slowed the dollar\'s gains against the yen, however, even as long-term U.S. Treasury yields - which the currency pair tends to track - jumped to a two-week top overnight.\nThe dollar index rose to 105.1 on Tuesday, its highest level since Nov. 14, adding to sharp gains on Monday after\nU.S. data unexpectedly showed the first expansion in manufacturing since September 2022. It last stood at 105, unchanged from Monday.\nThe euro fell to its lowest since mid-February and was not far off its November lows, trading down slightly at $1.0732 . Data on Tuesday showed that the euro zone factory downturn deepened again in March.\nSterling was little changed at the bottom end of its recent range and near its lowest since December at $1.2558.\nMonday\'s U.S. ISM manufacturing survey data also showed a sharp rise in a measure of prices in the sector, adding to investors\' concerns that inflation will be slow to fall back to 2%, delaying the Federal Reserve\'s first rate cut.\nFed Chair\nJerome Powell\non Friday said the central bank was in no hurry to lower borrowing costs after data showed a key measure of inflation rose slightly in February.\n"This (dollar) strength is an extension of the move seen late last week when the Federal Reserve\'s Christopher Waller delivered a less dovish speech," said Chris Turner, head of global markets at ING.\nTurner said U.S. job openings data could weigh on the dollar later in the day if it shows a fall in vacancies.\n"Any reversal in this dollar strength - if it does come - will have to be data-driven," he said.\nYEN FLAT\nThe Japanese yen was last flat at 151.58, after earlier dipping to 151.79. It has traded in a tight range since reaching a 34-year trough of 151.975 on Wednesday, which spurred Japan to step up warnings of intervention.\nOn Tuesday, Finance Minister Shunichi Suzuki reiterated that he would not rule out any options to respond to disorderly currency moves.\nJapanese authorities intervened in 2022 when the yen slid toward a 32-year low of 152 to the dollar.\nThe yen\'s decline has come despite the Bank of Japan\'s first interest rate hike since 2007 last month, with officials cautious about further tightening amid a fragile exit from decades of deflation.\nOfficials are "wary of backing themselves into a corner by drawing a line in the sand at 152", said Nicholas Chia, Asia macro strategist at Standard Chartered.\n"The rationale of jawboning and intervening in FX markets is mainly to buy time for the JPY in the hopes that USD strength wanes and recedes."\nElsewhere, China\'s yuan fell to a 4-1/2-month low as a strong dollar offset selling of the U.S. currency by state-owned banks. The yuan fell to a low of 7.2357 per dollar on the day, its weakest level since November 2023.\nBitcoin declined 4.8% to $66,400 following a sudden drop of more than $3,000 in the space of about 15 minutes in the highly volatile cryptocurrency.\n(Reporting by Harry Robertson in London and Kevin Buckland in Tokyo. Additional reporting by Ankur Banerjee. Editing by Sam Holmes, Lincoln Feast and Ed Osmond)', '• The bitcoin halving, expected in mid-April, is the standout supply-side event.\n• Wirehouses may be close to approving spot bitcoin ETFs, the report said.\n• Institutional interest in the crypto space remains elevated, according to Coinbase.\nThe crypto market is set up for a positive second quarter with most of the previously identifiedheadwindsin the rear-view mirror, Coinbase (COIN) said in a research report on Friday.\nThese positive factors may "only manifest themselves more clearly starting in the second half of April," Coinbase said.\nThe bitcoin {{BTC}} reward halving, expected April 16-20, remains the main supply-side event, the report said. Thequadrennial halvingis when miner rewards are slashed by 50%, thereby reducing the rate of growth in bitcoin supply.\n"On the demand side, the 90-day review period that many wirehouses employ when conducting due diligence on new financial offerings – like spot bitcoin exchange-traded funds (ETFs) – could conclude as early as April 10," analysts David Duong and David Han wrote.\nCoinbase notes that wirehouses such as Morgan Stanley (MS), Bank of America (BAC), UBS (UBS) and Goldman Sachs (GS) are "not the only gatekeepers of wealth" and some major U.S. wealth-management platforms operate outside of these large financial institutions.\nThree months is the normal observation period for some of these large money managers, such asLPL Financial, and Coinbase said this "could yet unlock significant capital for U.S.-based spot bitcoin ETFs over the medium term."\nInstitutional interest in the crypto space remains elevated, the report said, citing the level of leveraged short positions in Chicago Mercantile Exchange (CME) bitcoin futures, which climbed to a record high on March 19.\nIn another positive sign, thetotal value locked(TVL) in on-chain derivatives has reached an all time high of $3.4 billion, even as the broaderdecentralized finance(DeFi) TVL remains about 50% off its previous cycle highs, the report added.\nInvestorsshortingshares of MicroStrategy (MSTR), the software developer that has made a strategic decision to buy BTC, versus long bitcoin may be contributing to some of the recent market volatility, Coinbase said.\nRead more:Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord', 'Crypto stocks and cryptocurrencies in general have posted big gains in 2024. Many believe the run has just begun. You can, of course, opt to simply buy cryptocurrencies likeEthereumandBitcoin. But there are other ways to profit from the rise of crypto.\nThere are twocrypto stocksin particular that could skyrocket in value over the coming months and years.\nSince the first Bitcoin was created in 2009, crypto fanatics have spoken about "mass adoption." What this phrase refers to is the point in time in which millions, perhaps even billions, of people would own and use crypto regularly. In some ways, mass adoption has already occurred. Most Americans have now heard of cryptocurrencies, while millions have owned or transacted in them. According to one survey, one-quarter of all Americans now own Bitcoin, and most of them are keen to accumulate more.\nStill, billions of people don\'t own any crypto. That\'s especially true in emerging markets like Latin America, even though historically volatile exchange rates make the region a great fit for crypto adoption. If you want to bet on people in Latin America adopting cryptocurrencies -- a bet with considerable upside, given that the region boasts more than 650 million inhabitants -- you should consider buying someNu Holdings(NYSE: NU)stock.\nOn the surface, Nu looks like a typical bank. The company offers checking and savings accounts, credit and debit cards, insurance policies, and personal loans. The trick is that Nu delivers all these services through an app, available to anyone with a smartphone. That\'s a big differentiator from incumbent banks, which often have hundreds of physical branches. Those branches cost money to operate, which results in competitors that can\'t move as fast or as efficiently as Nu.\nOn any given day, Nu can introduce a new product and deliver it to its nearly 100 million customers within seconds. That\'s exactly what it did in 2022 when it launched NuCripto, which allows its customer base to buy, sell, and transact in crypto. More than 1 million people signed up in the first month.\nMost of Nu\'s business still comes from conventional revenue sources focused on fiat currencies, but the company clearly has a strong foothold in Latin America\'s crypto industry. If you believe regions like this will adopt crypto in the years to come, Nu will likely be a big beneficiary. With a market cap of only $50 billion, this is a stock you can trust holding over the long term.\nIf Nu has a strong foothold in the Latin American market,Block(NYSE: SQ)arguably has a similar advantage in the U.S. market.\nFormerly known as Square, Block changed its name in 2021 to reflect its growing focus on blockchain technologies like Bitcoin. Today, businesses can use its Square payment system to accept payments in crypto. Friends and family can buy and send each other crypto using Block\'s Cash App. Other Block ventures like Spiral and TBD are investing big to help accelerate Bitcoin\'s developer ecosystem. Put simply, Block is going all-in on the rise of Bitcoin.\nNu stock is quite expensive at 10.3 times sales -- a lofty but reasonable valuation given the firm\'s rapid growth. However, the good news is that Block stock trades at just 2.4 times sales. That\'s because Block is currently in the midst of a turnaround effort, headed by founder Jack Dorsey. In 2021, Block\'s stock was valued above 10 times sales, but since then, the company has posted a string of losses with slower revenue growth numbers.\nThe turnaround is already showingearly signs of success, however, and the company just posted its first quarterly profit in more than two years. If you want to bet on rising adoption of cryptocurrencies at a rare discount, Block stock should top your buy list.\nShould you invest $1,000 in Nu Holdings right now?\nBefore you buy stock in Nu Holdings, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nu Holdings wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Block, and Ethereum. The Motley Fool recommends Nu Holdings. The Motley Fool has adisclosure policy.\n2 Potentially Explosive Crypto Stocks to Buy in Aprilwas originally published by The Motley Fool', "Adam Lowensteiner; Vice President; Lytham Partners LLC\nKyle Loudermilk; President, Chief Executive Officer, Director; GSE Systems Inc\nEmmett Pepe; Chief Financial Officer, Treasurer; GSE Systems Inc\nOperator\nGood day and welcome to the GSE Systems, Inc. fourth quarter and fiscal year 2023 financial results conference call. All participants will be in a listen only mode Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. So After today's presentation, there will be an opportunity to ask questions to ask a question, you may press star then one on the touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Adam Lowensteiner, Vice President of Lytham Partners. Please go ahead.\nAdam Lowensteiner\nThank you, Betsy, and good afternoon, everyone, and thank you all for joining us today. To review the financial results for GSE Systems Fourth Quarter and Fiscal Year 2023 ended December 31, 2023, with us on the call representing the Company today are Kyle Loudermilk, President and CEO of GSE Systems, and Emmett Pepe, Chief Financial Officer of GSE Systems.Before we begin, I would like to remind everyone that statements made during the course of this call may be considered forward-looking statements within the meaning of Section 27A. of the Securities Act of 1933 as amended and Section 21E. of the Securities Act of 1934. These statements reflect current expectations concerning future events and results. Words such as expect, intend, believe, may, will, should, could, anticipate and similar expressions are words that are used to identify forward-looking statements, but their absence does not mean a statement is that forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and other important factors that could cause actual performance or achievements to be materially different from those projected. For a full discussion of these risks, uncertainties and factors you are encouraged to read GSE's documents on file with the Securities and Exchange Commission, including those set forth in periodic reports filed under the forward-looking statements and risk factors section. Gse does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.On this call, management may refer to EBITDA adjusted EBITDA, adjusted net income and adjusted EPS, which are not measures of financial performance under generally accepted accounting principles or GAAP. Management believes that these non-GAAP figures in addition to other GAAP measures provide meaningful supplemental information regarding the Company's operational performance. Investors should recognize that these non-GAAP figures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to and not as a substitute for or superior to any measure of performance prepared in accordance with GAAP. A reconciliation of non-GAAP measures to the most directly comparable GAAP measures in accordance with SEC Regulation G can be found in the Company's earnings release.And with that, I'd like to now turn over the call to Mr. Kyle Loudermilk, President and Chief Executive Officer of GSE solutions. Kyle, please proceed.\nKyle Loudermilk\nThank you, Adam. I'd like to welcome everyone to GSE's Fourth Quarter and Fiscal Year 2023 financial results conference call. Earlier today, we issued a press release detailing our financial results, hopefully that a chance to review this news release, but if not, a copy can be found on our website at www.gs.com under the News section lay out the agenda for today's call. I'll start with a brief update on the industry and then offer highlights of our quarterly and annual results, he will review the financial results, and we'll conclude with a brief Q&A session.First, a brief update on the industry. The nuclear industry continues to build momentum on a global basis. This momentum stems from the fact that more countries continue to set and drive towards decarbonization goals and clearly recognize that nuclear has to be part of the equation in accomplishing these goals. There are also several macro trends and geo geopolitical political issues that are certainly shifting in the energy towards the energy industry that favor nuclear. This can especially be seen in the recent surge in the price of uranium, which is used to fuel many nuclear reactor sites. In addition, the desire to have enough electricity to power the use of newer technologies, such as the massive adoption of artificial intelligence and Bitcoin mining is driving the demand for revival in nuclear, which will provide sustainable carbon-free power that is available 24 hours a day seven days a week in order to power the massive data centers planned as AI. and Bitcoin and associated cloud computing scale. Nuclear power becomes the only scalable and stable carbon free power source option that can be reliably be available 24/7. A real-time demonstration of this nascent trend is the recent acquisition by Amazon Web Services of 960 megawatt data center from Talen Energy in Pennsylvania. Amazon purchased the Center for $650 million, primarily given its power source, the Susquehanna steam electric station which is the six largest nuclear power plant in the US. The site produces 64 million kilowatt hours per day and has been online since 1983. Currently, it is licensed to operate through 2042 and 2044 securing this data center, which is fed entirely from the nuclear power plant, enables Amazon to take a significant step towards achieving its stated goal of becoming a net zero carbon company by 2040, 10 years ahead of the net carbon net zero goals in the Paris Agreement, keywords of electric vehicles will also place a significant demand on the grid for nuclear power to power a carbon-free grid to offset the rise in the demand for electricity. These technologies offer and make sure that the power sources are secure and carbon neutral. Nuclear is going to be needed. Even in recent weeks, the headlines continue to be very favorable for nuclear globally. This includes the government in Japan filing a request for Tesco to restart its largest nuclear power plant. The cash-out was aka Karl Karl up, which has seven reactors and total generation capacity of almost 8,000 megawatts. This is on the heels of Japan's nuclear regulatory regulation authority granting permission for a restart of this site back in December. This is very positive news and demonstrates that Japan is serious about restarting its nuclear capabilities going forward.In addition to Japan and other recent news, Canada announced that US government is working on ways to fast-track approvals for nuclear energy projects. The Canadian government also recognizes that nuclear is going to be necessary baseload power to get to zero carbon. The country is looking to achieve net-zero emissions for its electrical grid by 2035 and be fully net zero by 2050. As a result, the government announced that is working on making approval processes quicker for nuclear power projects in order to bring them to fruition as quickly as possible.In the US market Constellation Energy recently announced that has issued the first corporate green bond in the US that can be used to finance nuclear energy projects. A green bond is a financial instrument that is issued specifically to finance projects that deliver positive environmental or climate impacts while simultaneously enabling investors to invest in investments that promote sustainability and solve other environmental issues. Under this green bond issue, the company raised $900 million, and we used the proceeds for investing in maintenance expansion and life extensions extensions of its nuclear fleet. While the tailwinds for nuclear industry are apparent and abound, the capital spend within the industry is still moving at a slower pace, although there are some signs of green shoots with funding from recent legislation starting to make its way into the system. That said, the near-term outlook is certainly positive, but not yet back to the spending levels and pre-COVID days. While this does put some strain on managing our business, we've been able to land key wins having aligned our business to where the industry is spending money today, we will have and we have seen significant improvements in our operations in the latter half of 2023. We expect to have a full year benefit of this effort in 2024 as a result, which is very encouraging.One area that has been very fruitful for the Company is to help our customers improve their plant efficiency, which can be accomplished in some specific ways. One is for a plant to convert over to digital control system. By doing this, the plant can operate more efficiently safely and reliably. The investment also helps set the stage to extend the lifetime of the plants and prepare for the future power uprates.This is the means by which existing infrastructure can be upgraded to produce more power. As mentioned, producing more power through uprates is an extraordinarily cost-effective means to produce more carbon-free nuclear power versus building new nuclear power plants. This is a critical critical area of focus for the nuclear power industry and GSE is well positioned to capitalize in these maintenance and upgrade opportunities as we are today going forward.Major part of our focus will be on the existing fleet of nuclear sites and assisting the operators with making sure they can operate in the most efficient and safe manner.Now for some perspective on GSE's business in Q4 and fiscal year 2023. Overall, 2023 was a year of transition. We were successful in reworking the Company's cost structure to get it into a position where we are consuming cash. This was not an easy task, but it is now paying off as seen in the company's financial performance in the second half of 2023. Q4 was a bit lighter than expected on the order side, but we have seen orders that slipped out of Q4 close in Q1. This is good news, and we look forward to reviewing orders details in our Q1 earnings call.That said, we were able to continue to operate at a high level and limit cash burn during the quarter. We are also focused on growing the business in the profitable areas to which we are aligned, especially on the engineering business as any additional business will now flow to the bottom line given the new operating structure.As expressed in the last conference call, we continue to cut costs out of the business and made key strides to lower expenses compared to year ago as seen in the fourth quarter and fiscal year results. Amit will provide more details on our cost management initiatives in his remarks.Now looking at our two divisions the company's performance engineering division continued to demonstrate solid results during the fourth quarter and fiscal 2023. We had strong wins during the year every quarter. New orders of $37.6 million in 2023, which is up over 70% from $22 million in 2022. Many of these orders came with strategic new logos, including the expansion of engineering services to provide critical value-added solutions to a uranium enrichment company and two nuclear operators to name just three of many key wins. The performance engineering division is also where we have our software and support sales, which were $4.7 million during fiscal 2023. As we mentioned in the past, the software side of the business has provided excellent margins and predictability, and we are pleased with these results.New orders for the engine for engineering during the fourth quarter were approximately $5 million compared to $4.6 million one year ago and compared to $13 million in the third quarter of 2023. We were disappointed by the level of orders won in the quarter but pleased with the orders for engineering in the second half of the year of approximately $18 million. The timing of the orders demonstrates the nature of the current market.It's lumpy customer cautious customer spending in the industry during this tentative drive to adopt digital technology, extend plant lifetimes and produce more power through targeted capital investment.These elements comprise what we feel will be a multi-decade POSITIVE super cycle that is just now in the process of ramping up, given the nature of the industry, it is more meaningful to look at the metric of new orders on an annual basis. And as I related earlier, orders for engineering was up 71% in 2023, showing improved order flow for engineering services and technology license, which is a leading indicator that the industry is ramping back. I feel this is important.This improvement clearly demonstrates GSE's tenacity in developing and winning more business through close interaction with customers. I'm proud of the team effort here. We are clearly demonstrating the positive initial results of our alignment with the market. Our Workforce Solutions business continues to experience challenges, although it had a slightly improved quarter during the fourth quarter, the segment had revenue of $3.1 million, up sequentially from $2.9 million in the third quarter of 2023, but lower from the $3.3 million in the fourth quarter one year ago.The division is still experiencing difficulties within the industry due to customers being selective with regards to on-site staff augmentation services as well as a competitive marketplace. Given the highly fragmented nature of staffing providers to industry, we are currently focused on providing targeted staffing solutions to nuclear industry that makes sense for us and our customers in this market environment.So to summarize, this 2023 unfolded, we successfully streamline the operations of the Company and improved our engineering utilization for third and fourth quarters. And the fiscal year 2023 results really demonstrated that success, and we fully expect to reap a full year's benefit of these efforts in 2024. This is a great position to be in as we had as have begun 2024. Our business pipeline continues to remain strong. And while we were not in control of client decisions to move forward on projects, we are doing all we can to aggressively engage with customers and prospects and develop wins for the business through client engagement. We are making sure we are the vendor of choice and educating them and the breadth of services and value we can offer them by using GSE. The new logo logo wins in 2023 are early indicators of this traction.While the industry spend is still at a very conservative level compared to pre-pandemic norms, things are improving at GSE, and that's clear, QVC's total new order flow for fiscal 2023 was $47.3 million, up $7.7 million or almost 20% from $39.5 million in fiscal 2022. We're optimistic that this momentum can continue into 2023, and GSC is well positioned to capitalize on this momentum. I am proud of our team's accomplishments and drive in driving improvements during Q4 and fiscal 2023. I'd like to thank all of our employees during this period who worked diligently to help turnaround GSC and get the company back to the point where we are today. Specifically, I'd like to knowledge Ravi Tanna, our Senior Vice President of Professional Services, who's been with GSEs since 2016 and brings over 18 years of experience and state of the art delivery of engineering services and software technology solutions.Robin has been instrumental in our simulation s Last 60 Days of Bitcoin's Closing Prices: [43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-02 Financial & Commodity Data: - Gold Closing Price: $2261.00 - Crude Oil Closing Price: $85.15 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,287,493,130,000 - Hash Rate: 611575286.7885739 - Transaction Count: 357709.0 - Unique Addresses: 685496.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Spot bitcoin ETFs recorded their first week of net outflows. • Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. • Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin {{BTC}} exchange-traded fund (ETF) flows rather than fundamentals, as therecently approvedproducts saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slippedbelow $63,000last week as the outflows sped up. It was recently trading at around $66,800. There is little insight into what drove the surge in outflows from the Grayscale Bitcoin Trust (GBTC), which reached $1.83 billion in total over four days, the report said. In previous weeks, positive inflows into other spot ETFs more than offset outflows from GBTC, suggesting “some capital rotation at that time,” analysts David Duong and David Han wrote. GBTC chargeshigher feesthan the other funds. One source of potential selling pressure that has been expected is from thebankruptcy estateof Genesis Global, amounting to the sale of 35.9 million GBTC shares, Coinbase said. This is separate from the 30.9 million shares Genesis pledged in collateral to borrow $1.2 billion from Gemini Earn users in the third quarter of 2022, the report noted.Gemini has settled with Genesisto return those assets in kind and payment is expected in a few weeks, following court approval. Coinbase said it's not clear whether the recent GBTC outflows are linked to these sales, and that “we can only infer that the size and scope of the change in GBTC shares outstanding coincide with recent developments on Genesis’ payment obligations.” “More importantly, given that the majority of creditor payments will be made in crypto and not cash, the market effect on bitcoin performance should eventually be net neutral,” the report added. Read more:Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities... - Reddit Posts (Sample): [['u/Old-Cardiologist-545', 'Inflation and dumbasses.', 122, '2024-04-02 00:29', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', 'Either buy fuckin bitcoin or experience on average around 8% monetary inflation per year. \n\n“I WaNNa iNVesT mY $1k iN bITcOiN”. No, shut up it’s not a goddamn investment like you put your money into the stock market for some cool gains.\n\nBitcoin is how you can keep your value. YOUR VALUE. Without bitcoin you would living in a chaotic world with rich, greedy, corrupt politicians and big corporations who suck you dry. \n\nThey take your money and then take it again and again and again and leave you with higher prices and the money you do own is worthless.\n\n \n', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', '1bthw7d', [['u/4xfun', 104, '2024-04-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm3xiq/', 'I feel your frustration. Very few people actually understand how de debt driven system works. Here’s a hug', '1bthw7d'], ['u/CryptoMadNate', 12, '2024-04-02 00:45', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5030/', 'Agreed ahaha. I share the same frustration so that why i Bitcoin until my death bed. The thing that has most value in this world is time because of its finite aspect and those fucker steal it thought inflation and taxation. Bitcoin is the middle finger to these greedy humans.', '1bthw7d'], ['u/KorkoBit', 53, '2024-04-02 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5imc/', 'i have bitcoin and still live in this world :O', '1bthw7d'], ['u/DesignerAstronaut975', 18, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5uw9/', 'Fucking right man.', '1bthw7d'], ['u/Objective_Audience66', 35, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5w58/', 'This. Until I can spend btc like a dollar this is our world. Hodl', '1bthw7d'], ['u/Holster72', 11, '2024-04-02 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmaj2j/', 'I’m in it for gains. Fight me.', '1bthw7d'], ['u/Narrow_Elk6755', 14, '2024-04-02 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmalgz/', 'Stocks and real estate also retain purchasing power, its not exactly exclusive to BTC is it?', '1bthw7d'], ['u/Itchy-File-8205', 11, '2024-04-02 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmd5i8/', "Normies don't get it. They won't until it's too late", '1bthw7d'], ['u/DesignerAstronaut975', 11, '2024-04-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmg45s/', 'No one will let you use it as money if you don’t fight for it.', '1bthw7d']]], ['u/DenseDig2633', 'I bought 100 KAS', 17, '2024-04-02 01:08', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', 'I am very new to the world of cryptocurrencies and I understand that cryptos is not an investment. The real cryptos are those that intend to go against the FIAT system and are decentralized, I think about making a monthly contribution from now on of 100 dollars per month, 30 in bitcoin and 70 in kas, opinions? When you think the FIAT system will colapse? hehehe ', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', '1btiv6h', [['u/kingjame888', 10, '2024-04-02 03:50', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxmyigl/', 'Bitcoin low ROI...put all in kas. Not financial advice.', '1btiv6h'], ['u/EzekielSR405', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxnitsp/', 'Congrats on joining the ranks of Kaspa owners. Its great to have new people here. It keeps the network going :)', '1btiv6h']]], ['u/econoquist', "You Want Purple Prose? I'll Give you Purple Prose.", 13, '2024-04-02 02:09', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', 'In all its glorious beauty and torment and torrents of feeling and[meaning so deep it can never be plumbed.](https://www.reddit.com/r/books/comments/1btcpuy/lie_with_me_by_phillippe_benson/)', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', '1btkcyo', [['u/Early_Assignment9807', 12, '2024-04-02 02:48', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/kxmoq28/', 'i feel kinda sticky after reading that i dunno', '1btkcyo']]], ['u/Extension-Fox6956', 'How do you get over and move on from decisions that led to financial ruin and changed your life trajectory', 68, '2024-04-02 02:16', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', "I'm 33 and over the years I amassed about 75k in debt from CCs, student loans, and a car. The funny thing is that I'm a CPA but have been pretty financially illiterate my whole life. During this time I also stacked up 1.4 Bitcoin, which is the reason I wasn't paying off the debt aggressively. I'm an alcoholic and got sober in May 2022. Over the next few years, I made the choice to work some hourly jobs for about 6 months because I thought it would help me stay sober. I then got sold on a 100% commission sales job that told me I could make a few hundred thousand dollars. The only access to money I had at this time was my Bitcoin. I had spent years accumulating and protecting this. However, I thought I could make enough money to pay off my debt and buy my bitcoin back and more so I used it to finance this move. The job was a bust and I ended up with 0 bitcoin and 75k in debt. I sold off the last little bit of my bitcoin in August 2023 and got back into a job making an actual income in October. A few months later, the bitcoin ETFs were approved and Bitcoin has over 3x'd in value and is only going to go up. I may have had enough to retire in 10-20 years. Now I am digging out of a hole and considerably behind in life with a networth of -39K at 33 years old. How does someone ever move on from something like this? \n\nI've sought professional help and was diagnosed with ADHD a month ago which has explained my entire life since childhood. I don't know if that is why I made such a bad decision but I was unable to think of the long term consequences if my idea didn't work out.", 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', '1btkjcl', [['u/Shudafudup', 32, '2024-04-02 02:38', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmn4fr/', 'Work like crazy and live like a bum to pay off the debt. Or meet with a specialized lawyer to see if there’s a loophole you can take advantage of.', '1btkjcl'], ['u/Tallfuck', 14, '2024-04-02 02:43', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmntx4/', 'You just have to let the losses go. The money is gone and you’re just making yourself feel worse by living in the past. Easier said than done, but try not to let your mind wander back there and get making some money. \n\nAlso. Don’t try to get it back, you won’t. \n\nBtc will be back below this number within the next 4 years if that’s your play. DCA back in if you are going to follow that lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 35, '2024-04-02 02:54', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmpnq3/', 'Bro, I finally had started a decided retirement for my wife and I, $70k in the 401k at the age of 40 and like ~$120k equity in house. Solid salary and career but still $100k in student loans. But man it felt good to be in the green on paper. Wife is leaving me, gonna take a massive chunk of my income for five years, take half our equity, and all because of some fixable shit. No cheating, no abuse, some arguing and differences we could’ve worked out. But going to ruin me financially at 40 fucking years old.', '1btkjcl'], ['u/xenaga', 10, '2024-04-02 03:10', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxms3lt/', 'I did the same. I saved over 10 years of my income, was well set for retirement and live a very frugal lifestyle to get close to 3/4 million. I then blew it in 3 months on meme stocks. Couldnt help myself. Now I am starting over ffom scratch.\n\nAfter months and months of pain and suffering, I let it go. I still have some dull pain from it 3 years later but I realized i was too attached to money and put too much value on it. Now I am living a bit more balanced lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 10, '2024-04-02 04:04', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxn0jcm/', 'I’ve tried everything imaginable. I’ve changed myself completely the last three months to fit what she says she wants. I’ve begged like a pathetic idiot and pleaded in letters and texts. I’ve tried to explain how this is gonna fuck with our kids, how she’s losing any family that loved her as my other half. I’m out of ideas, I can’t fall out of love with her as much as I wish I could at this point.', '1btkjcl'], ['u/retard_vampire', 16, '2024-04-02 07:39', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxnr3z8/', 'Google "tolerable level of permanent unhappiness". That would be my guess.', '1btkjcl'], ['u/EMHURLEY', 13, '2024-04-02 09:55', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxo2fv4/', 'Mine too. Or Google “Emma’s mental load comic”, another common problem', '1btkjcl'], ['u/xhazerdusx', 10, '2024-04-02 14:58', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxowa9h/', 'Thank you for sharing this. I needed to see it.', '1btkjcl']]], ['u/Exact-Perspective-75', 'Transferring from exchange to cold wallet', 23, '2024-04-02 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/', "My Dad has about 50K sitting in an exchange. I'm trying to encourage him to take custody of his BTC, so I bought him a cold wallet. If he moves it all in a single transaction, this could create a privacy issue because if he pays someone a small amount, it would reveal to that person his total BTC wealth. Does it make sense to move it over time in smaller amounts like 5K each time?", 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/', '1btklt1', [['u/Chr-whenever', 20, '2024-04-02 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmm8ml/', "1. Don't ever send a big transaction without sending a test transaction\n\n2. Whether you receive it all at once or in pieces, anyone he pays will see the full wallet balance. You could use multiple wallets to avoid this", '1btklt1'], ['u/H5Sooner', 20, '2024-04-02 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmomuj/', 'Not if he uses different receiving addresses to the same wallet.', '1btklt1'], ['u/Exact-Perspective-75', 15, '2024-04-02 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1btklt1/transferring_from_exchange_to_cold_wallet/kxmpm2y/', 'He’s not using Coinbase, and it’s a huge risk to leave BTC you’re not willing to lose in any exchange.', '1btklt1']]], ['u/aarnott', 'UK Judge freezes $7.6m of Craig Wright’s assets after his loss in Bitcoin creator case', 486, '2024-04-02 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/', "[UK Judge freezes $7.6m of Craig Wright’s assets after his loss in Bitcoin creator case – DL News](https://www.dlnews.com/articles/snapshot/uk-judge-freezes-assets-of-craig-wright-in-bitcoin-case/) \n\nThe irony is that if this $7.6m were held in Bitcoin which Craig Wright alleges he invented, the court would have a harder time freezing his funds, though it probably wouldn't be impossible. A good privacy coin would achieve that. (no shilling of specific coins here or in comments, please).\n\nIn this case (and I suppose in most cases), I think it's good that this freeze could take place. So while I'm bullish on privacy coins, I'm also an advocate for rule of law and don't think privacy coins should be intentionally used to evade the law.", 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/', '1btm67t', [['u/Spkr4th3ded', 206, '2024-04-02 03:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmxmwu/', 'Not your keys, not your blockchain.', '1btm67t'], ['u/VividEdge', 48, '2024-04-02 03:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmy6ie/', 'What an own goal to do this to himself', '1btm67t'], ['u/zillapz1989', 66, '2024-04-02 03:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmz9gr/', "Tried to steal another's creation to enrich himself. Getting just what he deserves.", '1btm67t'], ['u/S0FA-KING_smart', 28, '2024-04-02 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxmzxua/', "Fuck faketoshi. Any one who's ever heard about crypto knows this guy is fraud. \n\nHe's just trying to trick no coiners into believing his lies. \n\nWhat an embarrassment this guy is. \n\nA pathetic individual.", '1btm67t'], ['u/kaws69', 33, '2024-04-02 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn0h0s/', 'Who the hell gave Craig wright $7.6m??', '1btm67t'], ['u/PM-ME-YOUR-TECH-TIPS', 45, '2024-04-02 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn0h9f/', 'Damn. If only there was this really foolproof way to undeniably prove you’re satoshi', '1btm67t'], ['u/JuxtaThePozer', 14, '2024-04-02 04:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn5bss/', 'You reap what you sow, CSW. Eat a bag of dicks you goddamn goblin.', '1btm67t'], ['u/exist270', 15, '2024-04-02 04:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxn5oqr/', 'This is the most entertaining possible outcome.', '1btm67t'], ['u/offgridgecko', 25, '2024-04-02 05:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxncr7h/', "they're on another subreddit right now crying", '1btm67t'], ['u/CryptogenicallyFroze', 11, '2024-04-02 06:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxnh1mq/', 'It’s more likely that CW is SBFs dad than Satoshi.', '1btm67t'], ['u/yatv', 10, '2024-04-02 07:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxno2gx/', '"A good privacy coin would achieve that" Theres only one real privacy coin buddy and we all know its Monero.', '1btm67t'], ['u/BraidRuner', 12, '2024-04-02 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxnrgg2/', 'Some kind of proof? Like a Cryptographic Proof? Thats a great idea, someone had it before though. His name was Satoshi Nakamoto, he died a few years ago. He left a Whitepaper that laid it all out. Perhaps he should read it or have someone read it to him. Best if they EXPLAIN it to him. Its a shame they cant UNDERSTAND IT for him as well. But here we are.', '1btm67t'], ['u/murray_paul', 13, '2024-04-02 10:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1btm67t/uk_judge_freezes_76m_of_craig_wrights_assets/kxo7hjf/', 'He was trying to convince the court to force the Bitcoin developers to add a mechanism to move coins by court order.\n\nSo if he could prove to the satisfaction of the court he had owned particular coins but had lost the keys, he could obtain a court order to have them transferred back to him, without a signed transaction.\n\nBSV implemented this mechanism (OP_COURT).\n\nIf he had won that case, and at the same time proved that he was Satoshi, he could then demand that the Satoshi coins be transferred to him.', '1btm67t']]], ['u/inheryouth', 'My dog was overdosed at the vet...', 54, '2024-04-02 04:04', 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/', "A bit of a story here... I'll try to keep it short.\n\nYears ago I adopted my rescue dog, Rupert, and I ended up booking him for a dental cleaning at a new to us veterinary hospital on Vancouver Island. Unfortunately, somebody who worked at the clinic recorded his weight incorrectly on the computer (a whopping 41.9 kgs instead of 15.1 kgs) and the dosage they administered him for anesthesia, combined with the trazadone he had that morning caused an overdose. The experience was very scary for us and the clinic was dishonest with me concerning the situation, (they avoided mentioning the details of how it all happened). Years later when I asked for his veterinary records prior to signing him up for pet insurance I saw the notes in his files and found out the truth.\n\nAs a side note -- I have a second, much older dog who had an emergency years after the situation with my younger dog. He needed a splenectomy due to a blood filled mass and this clinic accommodated us quickly, they also did an absolutely fantastic job with no negative side effects whatsoever. My older dog is still alive at 14 today because the surgery was so successful.\n\n So I continued to take my younger dog to the clinic despite what happened, but I ALWAYS mention the previous overdose every time he's there, reminding them of their mistake and to ensure they're extra vigilant. Unfortunately, Rupert needs to be sedated or anaesthetized often as he is very reactive. We haven't had an incident with this clinic again since the first time.\n\nHowever** This past week I discovered a fractured tooth in Rupert's mouth and couldn't get him into our standard vet for an extraction. I ended up getting lucky with another veterinary hospital and took him there. Our experience was incredibly different. This clinic gave Rupert a shot to sedate him, prior to starting the procedure/administering anesthesia, and after the shot they let me stay with him in a quiet/darkened room until he was sedate, in order to reduce his stress, which is something that's never been offered at our usual clinic. Additionally, when he was only in the clinic for a half day (instead of the full days I'm used to with our other clinic), and when I picked him up he was the clearest I've ever seen him coming out of anesthesia. He was still clearly under the effects of the drugs, but a very different dog from the usual.\n\nAt the previous clinic he has always been in for a full day, and still, when I pick him up he has always been completely inebriated... He can't stand very well, when he's sitting up he'll be sliding down or to the side slowly... His can never hold his head up and his eyes are usually a mess. He's also very cold and shivers if I don't wrap him in a blanket for the rest of the evening. \n\nAfter today I'm now second guessing the way our usual clinic has been sedating/anesthetizing my dog all along. \n\nI wondered if any of you veterinarians would be able to give me your opinion based on our experience, and based on the notes I've shared. I've attached the notes from the overdose, as well as a list of all the medication they've ever given my dog at our usual clinic (red dot). And then the most recent bill from the vet clinic we just used for the toorh extraction (purple dot). I'm curious about the medications and the dosages they've given my dog, what do you think? \n\nThis was a long one... If you've read this far I appreciate it!!! \n\nHere are the links to the documents from the vet clinics, hope they work as I haven't tried this before:\n\nhttps://drive.google.com/file/d/12fwgc7-Qgd0z0LIv2BKlBhG3U5DVnndY/view?usp=drivesdk\n\nhttps://drive.google.com/file/d/12ilFt_QkL8iT1Yq9P-o1aMEjm6fgWMzF/view?usp=drivesdk\n\nhttps://drive.google.com/file/d/12lsAG0qNeOW-RmbTcX2RDYGzKxz-H2Jr/view?usp=drivesdk\n\nLet me know what you think, thanks kindly folks 🐾\n\n\n\n", 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/', '1btmxbu', [['u/Popular_Taro_5344', 41, '2024-04-02 05:37', 'https://www.reddit.com/r/AskVet/comments/1btmxbu/my_dog_was_overdosed_at_the_vet/kxndrib/', 'It will be difficult to give you an accurate opinion on the differing sedation/anesthesia protocols as the second clinic invoice does not detail what kind of protocol was used (it does list iso which is a gas anesthesia and while most animals will be maintained on some kind of gas anesthesia for longer procedures, there would still be an induction protocol that would use injectable medications. Gas anesthesia is very short acting so the after effects you see are typically due to the residual presence of the injectable medications. There are many different anesthesia induction/sedation protocols and they will vary from patient to patient and differnent protocols may still be safe and appreciate for an animal and all with have various benefits and drawbacks.', '1btmxbu']]], ['u/Longjumping-Name7564', 'How much supply shock will the 2024 Bitcoin halving really have?', 227, '2024-04-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/', 'I understand that the number of Bitcoins mined daily will decrease from 900 to 450, resulting in 164,250 fewer Bitcoins mined annually that cannot be sold on the market by miners. Given the daily trading volume of approximately 300,000 Bitcoins, this reduction initially seems minor. However, I think the daily trading volume may include internal trades, not just inbound buying pressure.\n\nIs there a way to measure the impact this will have on supply? Is this impact felt as soon as the halving happens or does it build over time?\nAny data is helpful or way to look at this. Thanks!\n', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/', '1btnvo2', [['u/eggshi', 20, '2024-04-02 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxn9k4q/', 'ChatGPT wrote that', '1btnvo2'], ['u/mickhick95', 86, '2024-04-02 05:09', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxna5c3/', 'Interesting... \n900 coins a day... \nDown to 450 coins a day... \nDuring a time where institutions and sovereign wealth funds are gobbling up the bitcoin... \nCould be fun to watch.', '1btnvo2'], ['u/OptiYoshi', 329, '2024-04-02 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxndn8n/', 'I\'ll give you the "real" answer (from actual financial and economic theory) even though I know people will hate it. (Excuse English if I make any mistranslations) \n\nIf you look at any commodity the price action can be roughly described by a Generation Factor (production of supply), Consumption Factor (the natural use case), and the Reserve Factor (which tends to act as price stabilizer) and Extraction Factor (amount available but not extracted because price insufficient). This is because pricing occurs at the marginal cost, this is also why the vast majority of futures contracts are commodity based because suppliers/industry require stable pricing for complex supply chains and are willing to pay a premium to insure future delivering.\n\nSo for examples: Oil, production and consumption is quite high, this leads to higher volatility and price shocks when either demand or production is affected. National and Corporate reserves are used to smooth over price shocks and give arbitrage. Extraction Factor usually occurs in terms of years (new fields infrastructure coming online) so nations reserve oil proportional to expected supply requirements until new supply can be made available.\n\nGiven an understanding here, look at a comparison of Gold and Silver. Silver actually has a higher use than gold (mostly in defense industries) but gold is valued higher because it\'s production is approximately 7x less than silver (~2.5% total supply) and more expensive to mine (silver is a top layer and gold forms in deep veins). Additionally, gold is widely used as a Reserve of value, which maintains the vast majority of its pricing, the industrial use and other consumption is below Extraction rate.\n\nGold is currently valued apx 100x silver per ounce even though production is only 7x less because the marginal supply is only one factor in determining marginal price. The vast majority of gold is held by long term holders (national banks etc) as Reserve assets this heavily restricts natural use of gold because new supply of gold keeps being bought as reserves from the ~2.5% supply inflation per year, the current marginal price is therefore largely determined by the inflow of supply (through mining) as miners are considered the only "natural sellers" as they need money to keep operations intact and pay dividends to shareholders. \n\nSo despite having a production supply 1/7th that of silver we have a 100x price action due to underlying Reserve demand of the commodity. \n\nNow getting to bitcoin, whether or not you believe bitcoin is a Reserve asset, some people globally do (just as some hold silver and platinum, oil and even copper as reserve). The question is how much of the total available supply of a given commodity is considered reserve. It\'s important to note that reserve does not mean "held in a vault", gold has for centuries been used as reserves in ongoing financial transactions as collateral and for arbitrage. In this way much of the supply you indicated of bitcoin is also being used by institutions as collateral and arbitrage. You see transaction volume but much of these are consolidation positions. The better metric to use (not just for bitcoin but any commodity even lumber) is to look at total deliverable flows. Given this, the argument is that the majority of natural sellers (net short flows) are from the mining community. The effect of shrinking supply production is non-linear in every commodity market (look at oil 70s, post Russia etc). Additionally about 15k BTC is transacted daily not 400k (just fyi)\n\nTo summarize, price is determined at the margin of commodities and have non-linear relationships. commodities price action is heavily influenced by reserve status oil/gold/etc. Total transaction volume is not an accurate measure for net flows. If bitcoiners believe that BTC is a reserve asset and behave in that way, then the natural selling remains as the bitcoin miners. If bitcoin mining supply decreases AND all else remains equal, then price must increase to compensate just like any commodity. \n\nThe real argument against it is if you believe that the majority of bitcoin holders are not reserve holders and are all holding as short arbitrage holders. If so then as supply decreases and price goes up they may all sell and dramatically reduce the price. Either way the bitcoin community themselves believe its a reserve asset which is why they also believe price action will occur. \n\nHappy to answer any specific questions as well.', '1btnvo2'], ['u/Which-Occasion-9246', 27, '2024-04-02 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnfsfw/', '...and with grayscale going dry on the dump....', '1btnvo2'], ['u/hitma-n', 11, '2024-04-02 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxni0f6/', 'Great. My specific question is can you do a TL;DR?', '1btnvo2'], ['u/505hy', 10, '2024-04-02 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxni1zh/', 'Do we have any actual evidence of those institutions and sovereign wealth funds buying something?', '1btnvo2'], ['u/mazdarx2001', 15, '2024-04-02 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnifmq/', 'In addition, the mining companies that are capable of doing so (the large ones) will not be selling them at essentially half price. They will hold them back and start selling around the 100-120k mark , that is unless they really need the cash flow', '1btnvo2'], ['u/Latter_Box9967', 31, '2024-04-02 06:16', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnikxa/', 'I saw a comment on reddit.', '1btnvo2'], ['u/OptiYoshi', 15, '2024-04-02 06:17', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnin6o/', 'Some people prefer to confirm details, others like being told what to think by others.', '1btnvo2'], ['u/slykethephoxenix', 165, '2024-04-02 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnippn/', 'So lambo or 2 minute noodles after halving?', '1btnvo2'], ['u/OptiYoshi', 17, '2024-04-02 06:19', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnivr4/', 'TLDR Total daily transaction is incorrect factor to use, net daily flows is better measure. Most BTC flows come from miners. Expect 25% * premiums(monetary, etc) + new network growth.', '1btnvo2'], ['u/OptiYoshi', 74, '2024-04-02 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnjeuy/', 'Personally, I think there will be a sell the news event as price increases happens with supply reduction not mining production (there will be miners and other short term holders). This will follow with a significant price movement up (my own models have me start selling at 138k+-20% with an expected top of 312k +-20% (for 2 sigma probability).', '1btnvo2'], ['u/Dakotahah', 10, '2024-04-02 06:27', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnjt72/', 'Yes we do!\n\nhttps://bitcointreasuries.net/', '1btnvo2'], ['u/Longjumping-Name7564', 10, '2024-04-02 06:33', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnkdo8/', 'This was very helpful. It largely depends on how much is held in reserve by long-term holders. \n\nWhat’s the current distribution of coins? This seems like it could help measure the impact.\n\nFor example (this isn’t the actual distribution):\n\nHeld in Reserve: 10.67 million BTC, 55%\nLost: 6 million BTC, ~31%\nYet to be Mined: 1.6 million BTC, 8%\nShort-term Trading: 1 million BTC, ~5%\nOther Use Cases: 1.73 million BTC, ~9%\n\nMicrostrategy’s ~200k would be considered held in reserve. I assume the the reserves and the number of people holding in reserves is continuously growing.\n\nIs there any way to measure (TDF) Total Deliverable Flow? I understand that as Bitcoin available for purchase excluding all reserves, long term holders, etc.\n\nI’m guessing we can look at TDF vs the 450 daily or 164,250 annually less that’s produced to get a better measurement.', '1btnvo2'], ['u/KIKOMK', 11, '2024-04-02 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnkoj1/', 'Can you explain the calculation? Thanks for dropping this phd thesis on us', '1btnvo2'], ['u/Infinity_over_21mil', 13, '2024-04-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnks1q/', 'When in doubt zoom out. After the 2034 halving, the stock to flow ratio will be minuscule, and everyone will have to fight over the existing 20 million mined coins, waiting 100 years for the last 1 million coins. Long term is always bullish', '1btnvo2'], ['u/OptiYoshi', 56, '2024-04-02 06:40', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnl773/', 'Yes, I feel that last run was cut short due to many factors out of control. Almost all those issues are resolved this cycle and ETF holders will create the long term holders needed to increase price stability.', '1btnvo2'], ['u/OptiYoshi', 14, '2024-04-02 06:45', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnlr5z/', 'No problem! Some ways you can look at flow is by looking at wallet activity over time.\n\nSo +75% of total available supply has not moved in over a year (that includes lost coins). And this number keeps going up as large holders are passing that mark.\n\nShort term arbitrage is also over 1 million, these include exchanges and all kinds of larger institutions not just trading firms.\n\nMy estimates are that around 1200BTC (plus 900BTC) are direct flows from previous holders into reserve holders and speculators', '1btnvo2'], ['u/KIKOMK', 10, '2024-04-02 06:46', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnluk2/', 'Do you think it will go in a bear market after a year or so?', '1btnvo2'], ['u/OptiYoshi', 16, '2024-04-02 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnm6bg/', "I'm expecting a drawdown starting as early as Feb 2025.", '1btnvo2'], ['u/RammerRod', 15, '2024-04-02 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnmbvy/', 'Confirmed.', '1btnvo2'], ['u/OptiYoshi', 25, '2024-04-02 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnn0o0/', "I dont have any certainties, certainties are for liars and imbeciles. I have probability distributions and act accordingly. \n\nAs early as Feb 25 is when my model has me start to pull profits (I also have some BTC that I'll never trade in cold storage). But that doesn't mean I sell everything then it's a long process. \n\nAs for election specific. I honestly think it won't play a role. If either gets in the US dollar is in for trouble.", '1btnvo2'], ['u/OptiYoshi', 16, '2024-04-02 07:06', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnnx0p/', "A masters degree? \n\nJust kidding, but a lot of this stuff requires a background in economics which is not as daunting as you might think. Lots of great resources.\n\nTo start, Read up on Smith (wealth of nations), Mill (on liberty), Hayek (lots), Keynes (the economic consequences of the peace), Friedman (lots and youtube lectures). \n\nAlso an advanced knowledge of mathematics helps as well. It's not something you'll learn over a couple weekends but trust me it's worth it after.", '1btnvo2'], ['u/forestapee', 33, '2024-04-02 07:37', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnqxqo/', 'Sigma nuts', '1btnvo2'], ['u/OptiYoshi', 10, '2024-04-02 07:45', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxnrnz3/', 'Your just restating what I said in different words. Standard deviations are directly related to distributions. English is not my first language', '1btnvo2'], ['u/Princelysum', 18, '2024-04-02 09:56', 'https://www.reddit.com/r/Bitcoin/comments/1btnvo2/how_much_supply_shock_will_the_2024_bitcoin/kxo2joy/', 'Only the sith deal in absolutes', '1btnvo2']]], ['u/AyyLmaoKickIT', 'Worried about your investment?', 33, '2024-04-02 04:58', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/', 'Look at your watch list or any coin on the market right now. We are in a red market, bitcoin down 6%. No need to worry boys 🚀 \n\nBetter yet go to crypto bubbles and look at the red sea right now lol ', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/', '1bto2ip', [['u/hellstarrecords', 12, '2024-04-02 05:05', 'https://www.reddit.com/r/AerodromeFinance/comments/1bto2ip/worried_about_your_investment/kxn9lef/', 'Soon boys soon', '1bto2ip']]], ['u/brianddk', 'It worked! My coinbase btc-buy-the-dip bot just triggered.', 243, '2024-04-02 05:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/', 'Got so frustrated with exchange outages I write a DCA buy-the-dip bot to place maker-limit-orders staggered at 1%, 2%... 5% below spot. Obviously it just triggered on BTC, so I\'m finally beating "dumb-dca", but my total cost average is now above spot.\n\nSo Hooray... and well shit!\n\n 2024-04-02: Bought 0.00024184 BTC at 67547.88 instead of 68902.87\n 2024-04-01: Bought 0.00040078 BTC at 69709.80 instead of 71050.55\n 2024-03-31: Bought 0.00001148 BTC at 70853.62 instead of 71020.03\n 2024-03-30: Bought 0.00006400 BTC at 70300.08 instead of 70323.43\n 2024-03-29: Bought 0.00009256 BTC at 70194.59 instead of 70916.74\n 2024-03-28: Bought 0.00006473 BTC at 71266.80 instead of 70680.12\n 2024-03-27: Bought 0.00045340 BTC at 69717.70 instead of 70273.15\n 2024-03-26: Bought 0.00024573 BTC at 71251.30 instead of 70503.55\n 2024-03-25: Bought 0.00024252 BTC at 68385.13 instead of 69099.90\n 2024-03-24: Bought 0.00001625 BTC at 66629.21 instead of 66126.72\n 2024-03-21: Bought 0.00001600 BTC at 68205.83 instead of 67203.65\n Total: Bought 0.00184929 BTC for 69526.33 instead of 70129.03\n Saving 0.86% ($1.11) vs buy-on-avg, and 0.12% vs dca-market-buy', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/', '1btovja', [['u/ShortSqueeze20k', 55, '2024-04-02 05:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxngie4/', 'Been there, done that. \n\nWhat if the price keeps going down?\n\nWhat if the price keeps going up? You would have been better off just buying and holding.', '1btovja'], ['u/Spkr4th3ded', 42, '2024-04-02 06:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxniiom/', 'Let them learn. We were all super smart and could time the market at some point.', '1btovja'], ['u/Str8truth', 428, '2024-04-02 06:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnlwfy/', 'Buy-the-dip bot is also know as catch-a-falling-knife bot.', '1btovja'], ['u/earthspaceman', 26, '2024-04-02 07:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnnwgr/', 'Wear gloves.', '1btovja'], ['u/Appropriate_Yak_4438', 20, '2024-04-02 07:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnpiqb/', 'He seems to be catching just as many falling knives as anyone doing DCA, just %1 cheaper knives. Seems like a good deal to me compared to just DCA.', '1btovja'], ['u/ProcyonHabilis', 234, '2024-04-02 07:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxns8qz/', 'FYI the term "below spot" does not mean what you think it means. It isn\'t possible to buy coins below spot on a spot exchange.', '1btovja'], ['u/croholdr', 27, '2024-04-02 08:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnu1ze/', "Uh. Whats wrong with limit orders? If I'm aiming for a dip I'll put in a few orders at various levels and go on with my life. By the time I check them price i'll have bought the dip. Also coinbase api sucks.", '1btovja'], ['u/EirianWare', 64, '2024-04-02 08:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnwovw/', 'Saving $1.11 ? What a whale !!', '1btovja'], ['u/BraidRuner', 63, '2024-04-02 09:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxnzr9b/', 'Do you remember years ago on POLONIEX when that trader went away for the weekend and left his bot running? Someone triggered it to dump and dump and dump and dump over a long weekend by the time he got back on a TUESDAY morning it had burned through half a million dollar worth of Bitcoin...good times good time', '1btovja'], ['u/the_junglist', 16, '2024-04-02 09:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo0wp9/', 'Does it play Napalm Death every time it triggers?', '1btovja'], ['u/Big-Finding2976', 16, '2024-04-02 10:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo5ugc/', "Now you've triggered me! Fuck Cryptsy and Paul Vernon!", '1btovja'], ['u/Big-Finding2976', 78, '2024-04-02 10:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo5yco/', "What if my dog is called Spot and he's sitting on my head?", '1btovja'], ['u/TestUser254', 36, '2024-04-02 10:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxo6zzz/', "Oh yeah it works until it doesn't, then all your cash is stuck in there waiting for the market to come back. I ran a bot in 2021 and ended up with 900,000 trades on my taxes lol. It was NOT worth it.", '1btovja'], ['u/RebelliousRoomba', 14, '2024-04-02 12:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxof8cm/', 'Catching “falling knives” in BTC has honestly been my best performing buying strategy', '1btovja'], ['u/TheSomeWhatOKDane', 19, '2024-04-02 13:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxojg4h/', 'Is he at least 5% above you?', '1btovja'], ['u/TestUser254', 10, '2024-04-02 14:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxopz36/', 'No you process it separately and just use the final number', '1btovja'], ['u/Appropriate_Yak_4438', 15, '2024-04-02 14:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxoqnyn/', 'You guys pay taxes?', '1btovja'], ['u/Joezev98', 15, '2024-04-02 14:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxos45s/', "Totally worth many hours of coding! Amd don't forget there's probably more coding in the future to work out a bug after it's cost you $1 000", '1btovja'], ['u/flygoing', 97, '2024-04-02 15:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1btovja/it_worked_my_coinbase_btcbuythedip_bot_just/kxp1lgg/', 'OP figured out how to set limit orders and thinks they found an infinite money glitch', '1btovja']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, April 02, 2024', 39, '2024-04-02 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/', '1btpb2a', [['u/btc-_-', 22, '2024-04-02 06:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnilfo/', 'in a bull market, red days are for buying', '1btpb2a'], ['u/diydude2', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnitdr/', 'Rolling for the big dump. Got my ducks lined up to buy the big dip.', '1btpb2a'], ['u/davinox', 13, '2024-04-02 06:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnjyid/', 'Outflows were higher than inflows. -$88m. Wiped out leverage.', '1btpb2a'], ['u/_TROLL', 41, '2024-04-02 06:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnkw1i/', "Little, if any, of this is people panic-selling, or conversely people FOMOing in.\n\nIt's all liquidations of gambling addicts. Exchanges with inside info can countertrade their own users. Whales who individually control more coins than 10,000 random investors combined can bully the market around at will. None of this is organic.", '1btpb2a'], ['u/zpowers1987', 10, '2024-04-02 07:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnnzb9/', 'If it’s only the fees the people selling should be immediately purchasing another Bitcoin ETF. I think there is profit taking happening too.', '1btpb2a'], ['u/peachfoliouser', 10, '2024-04-02 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxnooeh/', '😂 keep making shit up', '1btpb2a'], ['u/phrenos', 12, '2024-04-02 10:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo4nzb/', 'Almost all of you have been crowing for a lower entry, so here it is. You’ll all be buying today of course. Don’t forget to follow through! \xa0', '1btpb2a'], ['u/Yodel_And_Hodl_Mode', 25, '2024-04-02 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo6eeq/', "Bitcoin is down over 4k compared to where we were over the weekend.\n\nAre you panicking?\nOr are you buying?\n\nI just picked up half a million sats. It's not much, but it's all I can afford until my next paycheck, when I'll be buying more.\n\nEvery 4 year halving to halving cycle is filled with so much opportunity. The way to guarantee yourself future wealth in Bitcoin is to zoom out & see the bigger picture.\n\nDon't think about what the market is. Think about what the market will be. Then ask yourself, are you ready for that? Is your hodl built up enough for that?\n\nThose who get it, will prosper. Those who don't, won't. But they'll understand it later, when it's too late. Well, you're here now. Use this time wisely. Do whatever you can to build up your stack before the effect of the halving kicks in 4 to 6 months after the halving. Even if the price starts rising long before then, it's just going higher.\n\nThat's not hype. It's math.\n\nCutting the block reward in half, from 6.25 BTC to 3.125 BTC means...\n\n...3.125 fewer coins every ten minutes.\n\n...18.75 fewer coins every hour.\n\n...450 fewer coins every day.\n\n...13500 fewer coins every month (30 days).\n\nAfter 6 months, the halving will have cut 82,350 BTC from the incoming supply vs the 6 month period before the halving.\n\nThere won't be enough coins to meet demand even if demand stays flat. That means the price will be forced higher.\n\nUse. This. Time. Wisely.", '1btpb2a'], ['u/MaximilianII', 12, '2024-04-02 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo82dk/', "I really can't get used to the satoshi denomination. How much is 500k Sats in Bitcoin? .05?", '1btpb2a'], ['u/opst02', 20, '2024-04-02 11:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxo97kt/', 'Wallstreet bonuses come into the markets any minute now..', '1btpb2a'], ['u/_2f', 14, '2024-04-02 12:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxocosf/', 'Chinese new year and dragons year something something.', '1btpb2a'], ['u/VintageRudy', 14, '2024-04-02 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxod531/', 'I mean not wanting the etfs is pretty hardcore cloud shaking fist', '1btpb2a'], ['u/simmol', 11, '2024-04-02 12:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxog6le/', "I would be ok with dump down to 64-65K to liquidate more of the leveraged longs that have built up in the past 8 hours or so. Bitcoin doesn't want to bounce at 66K so it seems like we have one more leg down.", '1btpb2a'], ['u/Outrageous-Net-7164', 12, '2024-04-02 13:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxoj49r/', 'I’m way happier that the self custody thing is over. The anxiety that gave me ….', '1btpb2a'], ['u/Frequent_Trouble_', 21, '2024-04-02 13:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily_discussion_tuesday_april_02_2024/kxonie3/', "That why you're #99 on BittyBot?", '1btpb2a'], ['u/marsh2907', 12, '2024-04-02 13:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1btpb2a/daily... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["TOKYO (AP) — Asian shares mostly declined Wednesday after Wall Street sank, hitting the brakes on what’s been a nearly unstoppable romp.\nJapan's benchmark Nikkei 225 slid 0.8% in morning trading to 39,511.88. Sydney's S&P/ASX 200 slipped 1.3% to 7,788.20. South Korea's Kospi dropped 1.3% to 2,716.65. Hong Kong's Hang Seng lost 0.6% to 16,832.52, while the Shanghai Composite fell 0.3% to 3,066.66.\nAnalysts said worries were growing that what rattled Wall Street might spread to Asia, despite recent relatively positive economic signs from China.\n“Investors are grappling with the possibility that this turbulence could mark the beginning of a more significant correction in the markets,” said Stephen Innes, managing partner at SPI Asset Management.\nChina has an ambitious target of around 5% economic growth this year, seeking to put behind recent troubles in the property sector and the lingering effects of the disruptions that came from the pandemic.\nOn Wall Street, the S&P 500 fell 37.96 points, or 0.7% to 5,205.81 for its worst day in four weeks. It was its second straight drop after setting an all-time high to close last week.\nOther indexes did worse. The Dow Jones Industrial Average lost 396.61 points, or 1%, to 39,170.24 and likewise pulled further from its record. The Nasdaq composite fell 156.38, or 1%, to 16,240.45, and the small stocks in the Russell 2000 index tumbled 1.8%.\nHealth insurance companies led the market lower on worries about their upcoming profits after the U.S. governmentannounced lower-than-expected ratesfor Medicare Advantage. Humana tumbled 13.4%. Tesla, meanwhile, dropped 4.9% after deliveringfewer vehiclesfor the start of 2024 than analysts expected.\nOne of the big reasons the U.S. stock market has screamed higher since late October is the expectation that the Federal Reserve will cut interest rates several times this year. The central bank itself has hinted as much, and an easing of rates would relieve pressure on both the economy and financial system.\nBut Fed officials have also said they needfurther confirmationinflation is heading sustainably down to their 2% target before acting. A surprisingly strong report on U.S. manufacturing Monday, which showed a return to growth after 16 straight months of contraction, hurt those expectations.\nIt’s the latest evidence of a remarkably resilient U.S. economy. That keeps people employed and corporate profits humming, but it could also add upward pressure on inflation.Progressthere has becomebumpierrecently, with inflationreportsthis year coming inhotter than expected.\nTraders have already drastically reduced their expectations for how many times the Federal Reserve will cut interest rates this year, halving them from aforecast of six at the start of the year. That would be in line with the three cuts that Fed officials themselves have hinted at.\nBecause the U.S. economy has remained stronger than expected, investors say the chances are rising that the Fed may deliver just two rate cuts this year. Gargi Chadhuri, chief investment and portfolio strategist, Americas, at BlackRock, suggests investors keep their bets spread across a wide range of investments, rather than “trying to time the market – or the Fed.”\nLoretta Mester, president of the Cleveland Fed, said Tuesday that the bigger risk is cutting interest rates too early, rather than too late. The former could allow the economy to overheat and inflation to reaccelerate, while the latter could cause unnecessary pain for workers.\nHer comments came as economic reports showed U.S. employers were advertising roughly the same number ofjob openingsin February as they were a month earlier and a stronger-than-expected gain in factory orders.\nIn the bond market, the yield on the 10-year Treasury rose to 4.35% from 4.33% late Monday.\nThe two-year yield, which moves more closely with expectations for Fed action, slipped to 4.69% from 4.71% late Monday.\nHigh rates slow the economy by design, by making borrowing more expensive. They also hurt prices for investments by making it more attractive for investors to put money instead in safer alternatives. Bitcoin fell 5.4%.\nBeyond worries about interest rates staying high, critics say the U.S. stock market has also simply grown too expensive after soaring more than 20% in six months. Companies will likely need to deliver strong growth in profits to justify such big moves.\nIn energy trading,\nThey followed the price of crude higher. A barrel of benchmark U.S. oil rose $1.44 to settle at $85.15 and is back to where it was in October. A barrel of Brent crude, the international standard, climbed $1.50 to $88.92.\nIn currency trading, the U.S. dollar rose to 151.56 Japanese yen from 151.54 yen. The euro cost $1.0075, little changed from $1.0776.\n___\nAP Business Writer Stan Choe contributed.", '• US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June.\n• The 10-year Treasury yield hit its highest since November.\n• Fed officials still see three rate cuts as possible this year. Chairman Jerome Powell is set to speak on Wednesday.\nUS stocks fell for a third straight day Tuesday as investors digested the possibility that the first Federal Reserve interest rate cut won\'t come in June as expected.\nMarkets have been repricing bets on Fed monetary policy after a batch of strong economic data suggested conditions are still running too hot for a cut.\nOdds of a June pivot briefly fell below 50% after Monday\'s manufacturing data came in hotter than expected. Meanwhile, thelatest jobs opening figuresshow that demand for labor remains elevated.\nWith bond traders now adjusting to the prospect of fewer Fed cuts this year, the 10-year Treasury yield hit its highest since November, peaking at 4.4%.\nSo far, San Francisco Fed President Mary Daly noted that three rate cuts remained reasonable, while Cleveland\'s Loretta Mester concurred. Both officials want to see more evidence of falling inflation.\nLater this week, investors can expected commentary from Chairman Jerome Powell speak on Wednesday, while the next jobs report is set to release Friday.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Tuesday:\n• S&P 500:5,205.81, down 0.7%\n• Dow Jones Industrial Average:39,170.24, down 1% (397 points)\n• Nasdaq Composite:16,240.45, down 1%\nHere\'s what else happened today:\n• The next US recession might not come until 2025, JPMorgan says.\n• Ray Dalio is still investing in China, despite warnings of challenges ahead.Here\'s why.\n• Astock bubble could form if the Fed does cut rates, "Big Short" investor Steve Eisman warns.\n• A record number of cities now havehome prices averaging above $1 million, Zillow says.\nIn commodities, bonds, and crypto:\n• Oil prices increased.West Texas Intermediatecrude oil rose by 1.76 to $85.21 a barrel.Brent crude, the international benchmark, jumped by 1.93% to $88.93 a barrel.\n• Goldclimbed 1% to $2,273.34 per ounce.\n• The 10-year Treasury yield gained 3.4 basis points to 4.361%.\n• Bitcoindropped 5.5% to $65,927.\nRead the original article onBusiness Insider', 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) -Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin.\nThe no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. But ether is up just around 53% in the first three months of this year, compared with bitcoin\'s 65%.\nBitcoin scaled new peaks last month. Trading around $3,612 on Monday, ether is at least 26% below its Nov. 2021 all-time high of $4,867.60.\nEven a recent technical upgrade of the Ethereum blockchain, which is used to build applications, barely made a splash beyond the circle of crypto enthusiasts, in contrast to the excitement ahead of bitcoin\'s "halving" next month, a technical change designed to slow the coin\'s supply.\nIn a typical case of markets selling the fact, ether dropped 12% after the underlying blockchain\'s Dencun upgrade on March 13 aimed at lowering transaction fees on its ecosystem.\n"Ethereum is persistently dogged by its lack of name recognition among non-endemic investors," said Joseph Edwards, head of research at London crypto firm Enigma Securities.\n"There\'s a lot more economic activity on it compared to 2020... but it reaching all-time highs will likely come fairly late."\nMuch depends on whether the U.S. Securities and Exchange Commission (SEC) approves spot ether ETFs. For, it was the approval and launch of several U.S. spot bitcoin ETFs that spurred institutional demand and drove it to record highs.\nEther ETFs too are waiting, with VanEck\'s filing first in line for a decision on May 23.\nStandard Chartered Bank expects U.S. ether ETFs to be approved on May 23, propelling it to $8,000 by end-2024 and $14,000 by end-2025.\nCOMMODITY OR SECURITY?\nNot everyone is as optimistic about the U.S. regulator greenlighting a spot ether ETF.\nLawyers and industry sources have said ether\'s legal status is ambiguous and they expect regulators to move cautiously.\nThe SEC has said bitcoin is a commodity, but has not ruled on ether.\nUnlike bitcoin, ether is traded on a so-called \'proof-of-stake\' blockchain that allows users to earn yield in exchange for locking up tokens for a period of time.\nAnd because ether is often \'staked\', or deposited, it could be deemed a security, which will entail stricter rules around disclosure that fly in the face of cryptocurrency\'s ethos of bypassing the traditional gatekeepers of finance, such as banks and exchanges.\nBut that complicates the calculus for ETFs, as the yield on staked ether is often higher than that of just plain passive tokens.\n"Getting the SEC on board to allow staked ether ETFs will be a very tough bargain and is, for now, extremely unlikely," said Anders Helset, head of research at digital assets analytics firm K33\nInstitutional demand for ether has been a fraction of that for rival bitcoin. Digital asset funds tracking ether have seen outflows of $46.4 million in the month to March 23, according to CoinShares data, versus inflows of over $4 billion for products tracking bitcoin.\nSome market participants believe in focusing on ethereum technology, which forms the backbone of much of the internet\'s \'Web3\' vision and powers applications involving crypto offshoots such as decentralised finance and blockchain gaming.\nBlackRock unveiled its first tokenized fund on the ethereum blockchain last month, sparking conversation around the platform\'s use in broader tokenisation of real world assets.\nSo far over $2 billion worth of commodities and government securities, among other traditional assets, have been tokenized on several networks, of which 80% are on the ethereum blockchain, according to Swiss cryptocurrency manager 21Shares.\n(Reporting by Medha Singh and Lisa Pauline Mattackal in Bengaluru; Graphics by Sumanta SenEditing by Vidya Ranganathan and Muralikumar Anantharaman)', '• Bitcoin hovers near $66,000, with the CoinDesk20 Index signaling broader market weakness.\n• Crypto futures rates and open interest have decreased, signaling a potential end to a two-month rally.\nBitcoin {{BTC}} held on to losses during the Asian trading hours on Tuesday, trading at around $66,000, as traders digested resurgent Treasury yields and the possibility that the Fed might delay rate cuts until later this year.\nAt the time of writing, ether {{ETH}} changed hands above $3,300, while theCoinDesk 20 (CD20)was down 0.6% to 2,532.\nThe yield on the 10-year Treasury note clocked a two-week high of 4.40% overnight due to persistent inflation and unexpectedly strong manufacturing activity. An uptick in the so-called risk-free rate typically spurs an outflow of money from risk assets and zero-yielding investments like gold. The yellow metal, however, remained resilient amid the weak tone in bitcoin and Wall Street’s tech-heavy index, Nasdaq.\n“Bitcoin retraced down to $65,000, mostly attributed to the recent macro outlook on interest rates and rising Treasury yields,” Semir Gabeljic, director of capital formation at Pythagoras Investments, said in an email interview. “Higher interest rate environments typically tend to reduce investor appetite to risk.”\nOn Polymarket, bettors have ruled out a rate cut by May and are split 50-50 on whether one will happen in June. Most of the certain money is on it happening in the fall.\nTheCME Fed Watchtool has a 97% chance of rates staying the same after May’s meeting.\nCoinglass datashows that over $245 million in long positions have been liquidated in the last 24 hours, with $60 million in BTC positions getting rekt.\n“Perpetual futures funding rates for most crypto assets are back to 1bps, and global futures open interest decreased by 10 percent overnight, indicating some leveraged long positions are closed,” Jun-Young Heo, a Derivatives Trader at Singapore-baed Presto, added.\n“As recent bitcoin ETF inflows are stagnating and BTC and ETH market prices came below the 20-day moving average, some trend followers would have regarded yesterday’s downturn as the end of a two-month-long rally,” he continued.', '• Bitcoin hovers near $66,000, with the CoinDesk20 Index signaling broader market weakness.\n• Crypto futures rates and open interest have decreased, signaling a potential end to a two-month rally.\nBitcoin {{BTC}} held on to losses during the Asian trading hours on Tuesday, trading at around $66,000, as traders digested resurgent Treasury yields and the possibility that the Fed might delay rate cuts until later this year.\nAt the time of writing, ether {{ETH}} changed hands above $3,300, while theCoinDesk 20 (CD20)was down 0.6% to 2,532.\nThe yield on the 10-year Treasury note clocked a two-week high of 4.40% overnight due to persistent inflation and unexpectedly strong manufacturing activity. An uptick in the so-called risk-free rate typically spurs an outflow of money from risk assets and zero-yielding investments like gold. The yellow metal, however, remained resilient amid the weak tone in bitcoin and Wall Street’s tech-heavy index, Nasdaq.\n“Bitcoin retraced down to $65,000, mostly attributed to the recent macro outlook on interest rates and rising Treasury yields,” Semir Gabeljic, director of capital formation at Pythagoras Investments, said in an email interview. “Higher interest rate environments typically tend to reduce investor appetite to risk.”\nOn Polymarket, bettors have ruled out a rate cut by May and are split 50-50 on whether one will happen in June. Most of the certain money is on it happening in the fall.\nTheCME Fed Watchtool has a 97% chance of rates staying the same after May’s meeting.\nCoinglass datashows that over $245 million in long positions have been liquidated in the last 24 hours, with $60 million in BTC positions getting rekt.\n“Perpetual futures funding rates for most crypto assets are back to 1bps, and global futures open interest decreased by 10 percent overnight, indicating some leveraged long positions are closed,” Jun-Young Heo, a Derivatives Trader at Singapore-baed Presto, added.\n“As recent bitcoin ETF inflows are stagnating and BTC and ETH market prices came below the 20-day moving average, some trend followers would have regarded yesterday’s downturn as the end of a two-month-long rally,” he continued.', 'Approximately $2 billion worth of Bitcoin (BTC) seized by US authorities, in connection with the Silk Road marketplace, has been moved to a new address. Blockchain data from April 2 revealed that a wallet associated with the US Justice Department conducted a 0.001 BTC test transaction to a Coinbase Prime address. Subsequently, the same wallet transferred 30,174 BTC, equivalent to roughly $2 billion at the time, to a different address.\nOnline investigators identified this wallet as the one containing Bitcoin seized from James Zhong, who was convicted in 2022 for his role in the Silk Road case. In 2012, Zhong stole over 50,000 BTC from the Silk Road platform. In 2021, US authorities raided his property and discovered hard wallets holding Bitcoin. The majority of the seized cryptocurrency was sent to the same address that initiated the transfer of over 30,000 BTC on April 2.\nSilk Road was a marketplace that facilitated the trading of illicit goods such as weapons, drugs, and stolen credit card information. Ross Ulbricht, the creator of Silk Road, was arrested by US authorities in 2013 and is currently serving two life sentences without the possibility of parole.\nIn March 2023, US government authorities reported the sale of approximately 9,861 BTC seized from Zhong for over $215 million, leaving around 40,000 BTC remaining. The news of the transaction saw BTC fall by 3.74% over the past 24 hours, as the potential sale of BTC will add to more selling pressure in the market.', 'Approximately $2 billion worth of Bitcoin (BTC) seized by US authorities, in connection with the Silk Road marketplace, has been moved to a new address. Blockchain data from April 2 revealed that a wallet associated with the US Justice Department conducted a 0.001 BTC test transaction to a Coinbase Prime address. Subsequently, the same wallet transferred 30,174 BTC, equivalent to roughly $2 billion at the time, to a different address.\nOnline investigators identified this wallet as the one containing Bitcoin seized from James Zhong, who was convicted in 2022 for his role in the Silk Road case. In 2012, Zhong stole over 50,000 BTC from the Silk Road platform. In 2021, US authorities raided his property and discovered hard wallets holding Bitcoin. The majority of the seized cryptocurrency was sent to the same address that initiated the transfer of over 30,000 BTC on April 2.\nSilk Road was a marketplace that facilitated the trading of illicit goods such as weapons, drugs, and stolen credit card information. Ross Ulbricht, the creator of Silk Road, was arrested by US authorities in 2013 and is currently serving two life sentences without the possibility of parole.\nIn March 2023, US government authorities reported the sale of approximately 9,861 BTC seized from Zhong for over $215 million, leaving around 40,000 BTC remaining. The news of the transaction saw BTC fall by 3.74% over the past 24 hours, as the potential sale of BTC will add to more selling pressure in the market.', 'The Argentine government has initiated the enforcement of regulations for cryptocurrency exchanges to operate legally within the country. The Comisión Nacional de Valores (CNV), Argentina\'s securities regulator,announcedthat virtual asset service providers must adhere to recommendations from the Financial Action Task Force (FATF). As part of the country\'s Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) reforms, specific companies offering crypto-related services are required to register with the Argentine government.\nRoberto Silva, President of the CNV, emphasized that virtual asset service providers who fail to register "will not be able to operate in the country." The implementation of these laws affecting crypto providers in Argentina gained momentum when the country\'s senate approved modifications aimed at preventing money laundering and terrorist financing on March 14.\nThe proposed changes to Argentina\'s laws concerning crypto users were reportedly introduced before Javier Milei was elected as the President in November 2023. Milei was hailed by many cryptocurrency enthusiasts at the time due to his seemingly positive stance on Bitcoin. However, the introduction of FATF requirements has raised concerns about the future of digital assets in Argentina.\nThe impact of these requirements on businesses operating in Argentina and customers seeking to utilize their services remains uncertain. Strike, a popular app in Argentina for facilitating Bitcoin payments via the Lightning network, has reportedly disabled the option for locals to send fiat to bank accounts.', 'Latest update also sees the addition of BTC Taproot support, marking another critical milestone in Binance\'s continual efforts to offer a user-friendly, convenient platform for crypto and Web3\nDUBAI, UAE,April 3, 2024/PRNewswire/ --Binance, the global blockchain ecosystem trusted by over 185 million users worldwide, is excited to announce that itsBinance Inscription Marketplacenow supports ARC-20 tokens, a fungible token standard built on the emerging Atomicals Protocol on Bitcoin. Starting today, users are able to trade and transfer ARC-20 tokens on the Binance Inscription Marketplace, adding to the wide range of features that are already available on the platform.\nWith this latest expansion, Binance Inscription Marketplace becomes one of only a few platforms that support such a diverse range of inscription assets, including BRC-20, EVM, and the newly incorporated ARC-20 tokens.\n"At Binance, our top priority has always been to provide our users with the tools and capabilities they need to harness the full potential of the cryptocurrency landscape," remarks Binance Product Marketing Lead Sherrine Tan. "Our decision to support ARC-20 tokens trading is a direct response to our users\' interests. This move unlocks a realm of opportunities, giving users an easy, seamless and secure way to explore the Atomicals Protocol and the vast possibilities of the inscriptions ecosystem."\nSuch wide asset support is possible due to the addition of an important new feature allowing users to manually mark Bitcoin Unspent Transaction Outputs (UTXOs). Given the diverse nature of the various inscription protocols on the Bitcoin network, UTXO management is significant. Users have the rights to mark any conflicting asset as their desired choice. To put it simply, this feature enhances the user experience by facilitating an extensive asset offering for users and enabling them to seamlessly use their chosen assets, without worrying about the underlying technical complexities.\nHosted within theBinance Web3 Wallet, a self-custody crypto wallet located within the Binance app, the Binance Inscriptions Marketplace offers an accessible and user-friendly platform for the buying, selling and minting of a wide range of inscription tokens. It is powered by BTC Transaction Accelerator which facilitates faster Bitcoin transactions on the platform.\nIn a move that further demonstrates Binance\'s dedication to facilitate the growth of the Bitcoin ecosystem, support for the BTC Taproot address has also been added to Binance Web3 Wallet. Users can now conveniently choose between the Taproot or Native SegWit, and are able to seamlessly create or import their existing BTC wallets to view their assets.\nThe Binance Inscriptions Marketplace leverages the API ofAtomicals Market, the largest marketplace for ARC-20 tokens. This strategic partnership facilitates users\' entry into the world of ARC-20 tokens and Atomicals Protocol as they can gain access to a wide range of ARC-20 tokens offering, while also benefiting from the simplicity, convenience and security that Binance Web3 Wallet has to offer.\nCEO at Atomicals Market, who goes by \'X\', commented: "Our partnership with\xa0Binance marks a significant step forward in making ARC-20 tokens easily accessible to the crypto community. We are excited to introduce the depth of opportunities that the Atomicals Protocol offers to Binance\'s extensive global user base and an even broader spectrum of users. It\'s an exciting time for both Atomicals Market and Binance users - the future is bright and full of immense possibilities!"\nTo celebrate this milestone, Binance is also partnering with Atomicals Market to offer trading of ARC-20s with zero service fee exclusively on Binance Inscription Marketplace for a limited time. This promotion will last for two months, fromApril 3 to June 2, 2024.\nThis announcement today follows closely on the heels of Binance\'srecent integration ofthe Solana network and addition of selected Solana-based decentralized applications to its Web3 Wallet. The continuous innovation and enhancement of its platform is part of Binance\'s broader efforts to be responsive to user needs and provide them with the latest product developments ahead of market trends.\nDisclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.\nAbout Binance\nBinance is the world\'s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by trading volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, decentralization and infrastructure solutions, and more. For more information, visit:https://www.binance.com\nSOURCE Binance', "• Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million.\n• The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth.\nBitcoin (BTC) outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time.\nProvisional data from Farside Investorsshows ARKB saw nearly $88 million in outflows on Tuesday, more than GBTC’s $81 million. The two products were the only losers among the 11 ETFs.\nARKB’s outflows were the biggest since it went live in January. It lost $300,000 on Monday, notching its first ever outflows.\nGrayscale’s total outflows now exceed $15 billion, the data shows, and it has seen outflows continuously since March 15.\nBlackRock’s IBIT, the usual leader, took on another $150 million, followed by Fidelity’s FBTC at $44 million. Overall net inflows stood at $40 million, up from net outflows of $80 million on Monday.\nBitcoin prices are little changed over the past 24 hours, trading at just over $66,000 as of European morning hours. The broad-basedCoinDesk 20is down 0.6%.", "• Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million.\n• The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth.\nBitcoin (BTC) outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time.\nProvisional data from Farside Investorsshows ARKB saw nearly $88 million in outflows on Tuesday, more than GBTC’s $81 million. The two products were the only losers among the 11 ETFs.\nARKB’s outflows were the biggest since it went live in January. It lost $300,000 on Monday, notching its first ever outflows.\nGrayscale’s total outflows now exceed $15 billion, the data shows, and it has seen outflows continuously since March 15.\nBlackRock’s IBIT, the usual leader, took on another $150 million, followed by Fidelity’s FBTC at $44 million. Overall net inflows stood at $40 million, up from net outflows of $80 million on Monday.\nBitcoin prices are little changed over the past 24 hours, trading at just over $66,000 as of European morning hours. The broad-basedCoinDesk 20is down 0.6%.", "U.S.-listed bitcoin {{BTC}} exchange-traded funds (ETFs) captured over $110 billion in trading volume in March, a figure three times higher than the volumes in January and February, as the largest cryptocurrency soared to record highs.\nTrading was led by BlackRock’s IBIT, which comprised almost 50% of the total, Bloomberg Intelligence analyst Eric Balchunas said on X. Grayscale’s GBTC was next with 20% of the total share, followed by Fidelity’s FBTC at 17%.\n“$IBIT won the volume race and is officially the $GLD of bitcoin,” Balchunas said, referring to a gold ETF. “I can't imagine April will be bigger but who knows.”\nThe U.S. bitcoin ETFs were approved by the Securities and Exchange Commission in January and started trading Jan. 12, when the asset was priced around $45,000. Since then, bitcoin has climbed to a record $73,000, prompting a change in the market dynamic from fundamentals to spot ETF performance,some firms say.\nBlackRock’s volumes have all originated from inflows since March 15,datafrom Farside Investors show, andit held over $16 billion worthof bitcoin as of Tuesday's close. Aspreviously reported, a large chunk of BlackRock’s volumes come from retail investors with an average trading size of $13,000.", "U.S.-listed bitcoin {{BTC}} exchange-traded funds (ETFs) captured over $110 billion in trading volume in March, a figure three times higher than the volumes in January and February, as the largest cryptocurrency soared to record highs.\nTrading was led by BlackRock’s IBIT, which comprised almost 50% of the total, Bloomberg Intelligence analyst Eric Balchunas said on X. Grayscale’s GBTC was next with 20% of the total share, followed by Fidelity’s FBTC at 17%.\n“$IBIT won the volume race and is officially the $GLD of bitcoin,” Balchunas said, referring to a gold ETF. “I can't imagine April will be bigger but who knows.”\nThe U.S. bitcoin ETFs were approved by the Securities and Exchange Commission in January and started trading Jan. 12, when the asset was priced around $45,000. Since then, bitcoin has climbed to a record $73,000, prompting a change in the market dynamic from fundamentals to spot ETF performance,some firms say.\nBlackRock’s volumes have all originated from inflows since March 15,datafrom Farside Investors show, andit held over $16 billion worthof bitcoin as of Tuesday's close. Aspreviously reported, a large chunk of BlackRock’s volumes come from retail investors with an average trading size of $13,000.", "Despite the meteoric rise ofBitcoin(CRYPTO: BTC)during the past decade, significant skepticism remains about just how much higher it can go. WithBitcointrading near all-time highs, some investors might believe it is simply too late to invest in cryptocurrency.\nBut if anything, it is just now coming into its own as a stand-aloneasset class. And while it's perfectly OK to be skeptical about crypto, it's hard to find another asset class with the same type of historical track record and long-term upside potential. Let's take a closer look.\nAccording to The Motley Fool Ascent's 2024 Cryptocurrency Investor Trends Survey, there are a number of reasons for the crypto skepticism. And curiously enough, one of them was the belief that crypto is unable to deliver a good return. This reason was cited by 29% of respondents who didn't already own it.\nWhen you look at Bitcoin's historical returns, this concern seems completely unjustified. During the 10-year period from 2011 to 2021, Bitcoin was the top-performing asset in the world, and it wasn't even close.\nAnnualized returns were 230%. The next closest asset class (high-growth tech stocks) returned only 20% per year. In 2023, Bitcoin was up more than 150%, and this year, it is already up about 50%.\nThis track record of performance explains why Wall Street has finally embraced Bitcoin as a stand-alone asset class. After years of naysaying, the world's biggest financial institutions are finally waking up to the unique risk-reward profile of Bitcoin and why it deserves a place in the portfolios of many investors.\nWe're seeing this right now with the tremendous amount of money being deposited in the new spot Bitcoin exchange-traded funds (ETFs) by institutional investors. In less than three months, more than $30 billion has flowed into these ETFs.\nSkeptics will likely counter that past performance is no guarantee of future returns. So, yes, maybe Bitcoin will never duplicate its performance of the past decade, when it delivered truly astronomical returns.\nFrom a price of just $1 in February 2011, Bitcoin exploded in value to almost $70,000 today. Even if you waited to invest in Bitcoin until November 2017, when it first traded around the $7,000 mark, you've still made a whopping 10-fold return on your investment!\nSo the big question becomes: Does Bitcoin still have 10x upside potential? At today's price of almost $70,000, that would imply a future price target of $700,000. While that number seems outlandishly high, you might be surprised by Wall Street's price predictions.\nFor example, a growing number of analysts and investors are now predicting that Bitcoin will hit a price of $1 million by 2030. Chief among them is Cathie Wood of Ark Invest, who first suggested a $1 million price tag back in 2022. Since then, she has raised her price target to $3.8 million.\nObviously, a lot still needs to go right for Bitcoin to increase that much in value. There needs to be more mainstream adoption. Institutional investors need to continue to ratchet up their asset allocations of the crypto. Regulators need to create a better regulatory framework for crypto. Blockchain developers need to create more uses for it, and everyday users need to embrace the digital coin as part of the modern global financial system.\nTaking a big-picture view, I can see why so many investors in The Motley Fool's 2024 cryptocurrency investor survey were skeptical about crypto.\nBut there are plenty of reasons to be optimistic about Bitcoin. The recent launch of the new spot Bitcoin ETFs, for example, could turn out to be a watershed moment in the history of crypto if it leads to mainstream adoption.\nGiven Bitcoin's historical track record and its sky-high upside potential, I remain bullish. To paraphrase Winston Churchill, this is not the end for Bitcoin, or even the beginning of the end. It is just the end of the beginning.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nSome Skeptics Say It's Too Late to Invest in Crypto. I Disagree, and Here's Why.was originally published by The Motley Fool", '• The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.\n• The data indicates that capital continues to flow into the crypto market.\n• Other indicators like bitcoin’s MVRV Z-score suggest there is plenty of upside left in the top cryptocurrency by market value.\nBitcoin’s {{BTC}} steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder keg that could be used to fund token purchases, continues to rise, reassuring stability to bitcoin bulls.\nBitcoin hit record highs above $73,500 on March 14 and has since struggled to keep gains above $70,000, mainly due to the dwindling probability of Fed rate cuts in June. At press time, the leading cryptocurrency by market value was changing hands at $66,300, down 10% from its all-time high.\nHowever, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year.\nThe continued expansion in the supply of stablecoins, a proxy for liquidity, is a positive sign for the crypto market, according to Reflexivity Research.\n“As this [stablecoin supply] continues to trend up, this shows that capital continues to flow into crypto markets," Reflexivity Research said in a newsletter dated April 2.\nIn other words, dip demand for bitcoin could be strong, and the broader uptrend may soon resume.\nOver the years, stablecoins led by tether have emerged as the primary mechanism for purchasing cryptocurrencies in the spot market and trading derivatives.Since late 2021, traders have increasingly preferred crypto futures margined and settled in stablecoins than token-margined ones.\nStablecoin-margined futures offer a linear payoff where the value of the collateral remains steady irrespective of market volatility. As such, traders do not have to constantly look for hedging their collateral.\nOther indicators like the Z-score of bitcoin’s market value-to-realized value (MVRV) ratio also indicate that the path of least resistance is on the higher side.\nThe MVRV Z-score measures the market value’s deviation from the realized value. The latter approximates the value paid for all coins in existence by adding the market value of coins when they last moved on the blockchain and is considered a proxy for fair value.\nHistorically, a below-zero MVRV Z-score ( has marked market bottoms, while a reading above seven has marked tops. Glassnode data show, at press time, the Z-score was 2.87, a sign bitcoin is far from being overbought or near a major market top.', '• The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.\n• The data indicates that capital continues to flow into the crypto market.\n• Other indicators like bitcoin’s MVRV Z-score suggest there is plenty of upside left in the top cryptocurrency by market value.\nBitcoin’s {{BTC}} steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder keg that could be used to fund token purchases, continues to rise, reassuring stability to bitcoin bulls.\nBitcoin hit record highs above $73,500 on March 14 and has since struggled to keep gains above $70,000, mainly due to the dwindling probability of Fed rate cuts in June. At press time, the leading cryptocurrency by market value was changing hands at $66,300, down 10% from its all-time high.\nHowever, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year.\nThe continued expansion in the supply of stablecoins, a proxy for liquidity, is a positive sign for the crypto market, according to Reflexivity Research.\n“As this [stablecoin supply] continues to trend up, this shows that capital continues to flow into crypto markets," Reflexivity Research said in a newsletter dated April 2.\nIn other words, dip demand for bitcoin could be strong, and the broader uptrend may soon resume.\nOver the years, stablecoins led by tether have emerged as the primary mechanism for purchasing cryptocurrencies in the spot market and trading derivatives.Since late 2021, traders have increasingly preferred crypto futures margined and settled in stablecoins than token-margined ones.\nStablecoin-margined futures offer a linear payoff where the value of the collateral remains steady irrespective of market volatility. As such, traders do not have to constantly look for hedging their collateral.\nOther indicators like the Z-score of bitcoin’s market value-to-realized value (MVRV) ratio also indicate that the path of least resistance is on the higher side.\nThe MVRV Z-score measures the market value’s deviation from the realized value. The latter approximates the value paid for all coins in existence by adding the market value of coins when they last moved on the blockchain and is considered a proxy for fair value.\nHistorically, a below-zero MVRV Z-score ( has marked market bottoms, while a reading above seven has marked tops. Glassnode data show, at press time, the Z-score was 2.87, a sign bitcoin is far from being overbought or near a major market top.', '• Bitfinex Derivatives unveils perpetual futures tied to Volmex Finance’s bitcoin and ether implied volatility indices.\n• Users can now place bets on the degree of price turbulence in the top two cryptocurrencies.\nCryptocurrency exchange Bitfinex announced the launch of perpetual futures tied to bitcoin {{BTC}} and ether {{ETH}} volatility indices, allowing traders to place bets on expected price turbulence in the leading cryptocurrencies.\nThe new futures are based on the decentralized derivatives platform Volmex’s bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV).\nBoth indices are derived from real-time bitcoin and ether call and put options and indicate the expected price turbulence over 30 days. Per Volmex, the two indices are analogous to Wall Street’s fear gauge, the VIX index, which is derived from the options market tied to the S&P 500 index.\nStarting April 3, Bitfinex users can trade bitcoin and ether volatility futures under the ticker symbols BVIVF0:USTFO and EVIVFO:USDTFO, according to the press release shared with CoinDesk. These contracts are denominated, margined, and settled in tether (USDT), the world’s largest dollar-pegged stablecoin.\nPerpetuals are futures contracts with no expiry and a funding rate mechanism that helps keep prices for perpetuals in sync with the underlying asset/index.\nThe availability of volatility futures means Bitfinex users can bet on how fast the anticipated bullish or bearish price move in bitcoin and ether will happen. Being long volatility means betting the asset’s price might move violently in either direction.\nThe volatility futures will help traders navigate binary events like crucial U.S. economic data releases, Fed rate decisions, and crypto-specific events that have the potential to inject volatility into the market and open doors to retail investors who lack the resources or expertise to set up complex options strategies like straddles andstranglesto profit from changes in implied volatility.\nBitfinex’s new offering comes a year after dominant crypto options exchange Deribitlistedstandard futures contracts tied to its proprietary bitcoin volatility index, DVOL.', "If you've been a consistent reader of mine during the past couple of years, you likely know that I am a huge fan ofStacks(CRYPTO: STX). TheBitcoin(CRYPTO: BTC)compatible Layer 2 has been on a tear during the past year or so and it is the top-performing cryptocurrency in my portfolio.\nSince my first investment in Stacks in May 2023, when it was worth about $0.60, it has climbed to an all-time high of $3.80. With some additional investments along the way, my Stacks position is up a commendable 307% as of March 30. Yet, while I'm sitting on comfortable gains, I have no plans to sell anytime soon. Here's why I think Stacks is just getting started.\nIt's no secret that Bitcoin lacks some of the functionality common among many other cryptocurrencies today. Without smart contracts, Bitcoin can only be used as a store of value or as a means of payment. In other words, it isn't programmable and can't be leveraged in the burgeoningdecentralized finance (DeFi)economy.\nBut with Stacks, this all changes. Known as a Layer-2 blockchain, Stacks processes transactions in bundles on its own blockchain and then finalizes those bundled transactions on Bitcoin's blockchain. What this means is that Stacks is essentially as secure as Bitcoin, and security is a key feature of Bitcoin.\nFurthermore, Stacks possessessmart contractfunctionality, allowing developers and users to participate in the burgeoning DeFi economy. Chock-full of innovative use cases such as non-fungible tokens (NFTs), stablecoins, yield farming, and much more, DeFi is a valuable and popular sector and one that Bitcoin can now be leveraged in via Stacks.\nAs it currently stands, Stacks uses Bitcoin as the foundation of its financial ecosystem. In a roundabout fashion you could get away with saying Stacks allows Bitcoin to enter the DeFi economy, but this wouldn't be completely true.\nAlthough Stacks's layered infrastructure is undoubtedly novel, there is still a clear separation between the two blockchains; users can't directly utilize Bitcoin within decentralized applications and must use the STX crypto to pay for transactions. But that will change soon.\nIn late April, Stacks will receive an upgrade known as the Nakamoto Release. This upgrade will make some technical changes that will enable Stacks to settle transactions in less than 10 seconds as well as strengthen the security between Stacks and Bitcoin. Most importantly though, it will pave the way for introducing a new asset, sBTC.\nTo obtain sBTC, users must lock up their Bitcoin holdings in a smart contract, and then they are compensated with an equal amount of sBTC. Since sBTC tracks Bitcoin's price, there is no slippage.\nWith their new sBTC, users can participate in the various DeFi activities built on Stacks. Once complete, they can take their sBTC and redeem it for their original Bitcoin holdings.\nSimilar processes exist on the market today, but nearly all introduce some level of counterparty risk. The sBTC peg-in and peg-out process is done via smart contracts and the crypto miners secure the Stacks blockchain, making sBTC the first decentralized collateralized Bitcoin asset.\nIn many ways, the Nakamoto Release and sBTC are the keys to finally unlocking Bitcoin's $1.25 trillion worth of dormant capital in a secure fashion. It's difficult to put into words how just lucrative and paradigm-shifting the Nakamoto Release will be.\nTo speculate a bit and dive into why I don't plan on selling, let's walk through a comparison of another blockchain,Ethereum. Over the years, Ethereum has risen to become the de facto standard of DeFi. Similar to Bitcoin, it has a few functional limitations, so Layer-2 blockchains have joined in to help facilitate faster and cheaper transactions. Today, Ethereum's Layer-2 ecosystem is collectively worth about $30 billion.\nHerein lies the potential for Stacks. With its market cap worth about $5 billion, Stacks is on the front lines of expanding Bitcoin's use cases so that it can be utilized in similar ways to Ethereum today. Yet Bitcoin is worth nearly three times as much as Ethereum.\nThe potential of Stacks is difficult to quantify, but we are likely only in the beginning stages of the Bitcoin-DeFi era. Given its relationship with Bitcoin and the innovative functionality Stacks brings to the world's original and most valuable cryptocurrency, I don't plan on selling anytime soon.\nShould you invest $1,000 in Stacks right now?\nBefore you buy stock in Stacks, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Stacks wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nRJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nI'm Up 300% on This Cryptocurrency and Will Probably Never Sellwas originally published by The Motley Fool", '• Bitfinex Derivatives unveils perpetual futures tied to Volmex Finance’s bitcoin and ether implied volatility indices.\n• Users can now place bets on the degree of price turbulence in the top two cryptocurrencies.\nCryptocurrency exchange Bitfinex announced the launch of perpetual futures tied to bitcoin {{BTC}} and ether {{ETH}} volatility indices, allowing traders to place bets on expected price turbulence in the leading cryptocurrencies.\nThe new futures are based on the decentralized derivatives platform Volmex’s bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV).\nBoth indices are derived from real-time bitcoin and ether call and put options and indicate the expected price turbulence over 30 days. Per Volmex, the two indices are analogous to Wall Street’s fear gauge, the VIX index, which is derived from the options market tied to the S&P 500 index.\nStarting April 3, Bitfinex users can trade bitcoin and ether volatility futures under the ticker symbols BVIVF0:USTFO and EVIVFO:USDTFO, according to the press release shared with CoinDesk. These contracts are denominated, margined, and settled in tether (USDT), the world’s largest dollar-pegged stablecoin.\nPerpetuals are futures contracts with no expiry and a funding rate mechanism that helps keep prices for perpetuals in sync with the underlying asset/index.\nThe availability of volatility futures means Bitfinex users can bet on how fast the anticipated bullish or bearish price move in bitcoin and ether will happen. Last 60 Days of Bitcoin's Closing Prices: [42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-03 Financial & Commodity Data: - Gold Closing Price: $2294.40 - Crude Oil Closing Price: $85.43 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,298,657,807,438 - Hash Rate: 586781694.0809289 - Transaction Count: 372978.0 - Unique Addresses: 714141.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - Company earns 286 BTC in March 2024 - - Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations - TORONTO, Ontario and BROSSARD, Québec, April 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin mining company, provides its monthly production report and update on its fleet upgrade and expansion. Fleet Upgrade Review Geoff Morphy, President and Chief Executive Officer said, “In March, we exercised our previously announced purchase option for 28,000 Bitmain T21 miners and purchased an additional 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. “Having confirmed the tremendous performance of our T21 miners currently running, and with Bitcoin prices reaching all-time highs, we acted quickly to secure these miners at attractive prices in advance of anticipated hardware price increases. Together, with our 35,888 Bitmain T21 purchases and farm expansions announced in November, these new 87,796 miners are sufficient to reach 21 EH/s by year-end, with greater operating efficiency. “These orders solidify our expansion plan for 2024 and provide the pathway to operating one of the newest and potentially most efficient mining fleets in the industry. Securing these miners is a key part of our strategy to drive rapid and meaningful improvements across three principal operating metrics of hashrate, energy efficiency and operating costs per terahash as we plan to capture greater upside from rising Bitcoin prices and expanding mining margins,” added Morphy. Ben Gagnon, Chief Mining Officer, said, “In March, we received 1,650 T21 miners with 6,400 additional miners in transit. The majority of the miners received are installed and online. Garlock installations are now planned for completion in the first week of April. With curtailment in Quebec and Paraguay, as well as power plant maintenance in Argentina, we had fewer miners online than normal, resulting in a month-end hashrate of 6.5 EH/s. We expect to achieve 7 EH/s by mid-April. “As we enter the Halving, we remain focused on our 2024 transformational fleet upgrade and expansion plan which triples our hashrate to 21 EH/s, increases our targeted operating capacity by 83% to 440 MW, and improves our fleet efficiency by 38% to 21 w/TH. This marks the largest growth in the Company’s history and propels us toward becoming one of the industry leaders in energy efficiency. Bitfarms is well positioned, with a strong balance sheet, to execute on our growth plans and capitalize on opportunities in the upcoming bull market and beyond.” Mining Review March mining operations generated 286 BTC compared to 300 BTC in February. This reflects participation in grid-stabilizing curtailment programs, power plant maintenance in Argentina, downtime associated with facility upgrades resulting in temporary lower average operating EH/s, and a 4.8% increase in network difficulty. [{"Key Performance Indicators": "Total BTC earned", "March 2024": "286", "February 2024": "300", "March 2023": "424"}, {"Key Performance Indicators": "Month End Operating EH/s", "March 2024": "6.5", "February 2024": "6.5", "March 2023": "4.8"}, {"Key Performance Indicators": "BTC/Avg. EH/s", "March 2024": "50", "February 2024": "49", "March 2023": "91"}, {"Key Performance Indicators": "Average Operating EH/s", "March 2024": "5.7", "February 2024": "6.1", "March 2023": "4.6"}, {"Key Performance Indicators": "Operating Capacity (MW)", "March 2024": "240", "February 2024": "240", "March 2023": "188"}, {"Key Performance Indicators": "Hydropower (MW)", "March 2024": "186", "February 2024": "186", "March 2023": "178"}, {"Key Performance Indicators": "Watts/Terahash Efficiency (w/TH)", "March 2024": "34", "February 2024": "35", "March 2023": "39"}, {"Key Performance Indicators": "BTC Sold", "March 2024": "284", "February 2024": "300", "March 2023": "394"}] March 2024 Select Operating Highlights • 6.5 EH/s online at March 31, 2024, up 35% Y/Y and unchanged from previous month. • 5.7 EH/s average online, down 6.6% from the previous month. • 50 BTC/average EH/s, up 2.0% from the previous month. • 286 BTC earned, 5% lower than previous month and 33% lower Y/Y. • 9.2 BTC earned daily on average, equal to ~$647,700 per day based on a BTC price of $70,400 at March 31, 2024. • 1,656 Bitmain T21 miners received with majority online. • In Paraguay,At Paso Pe:80 MW main transformer received and installed.3,905 Bitmain T21 miners in transit.1,920 Bitmain M53S+ Hydro Miners received and ready for installation upon receipt of Hydro Containers in mid-April.At Yguazu, purchase agreements signed for all long lead-time equipment, including large transformers, cabling, and related interconnects. Bitfarms’ BTC Monthly Production [{"Month": "January", "BTC Earned 2024": "357", "BTC Earned 2023": "486"}, {"Month": "February", "BTC Earned 2024": "300", "BTC Earned 2023": "387"}, {"Month": "March", "BTC Earned 2024": "286", "BTC Earned 2023": "424"}, {"Month": "YTD Totals", "BTC Earned 2024": "943", "BTC Earned 2023": "1,297"}] March 2024 Financial Update • Sold 284 of the 286 BTC earned as part of the Company’s regular treasury management process for total proceeds of $19.2 million. • BTC held in treasury increased to 806, representing $56.7 million based on a BTC price of $70,400 at March 31, 2024. • Held Synthetic HODL™ of 85 long-dated BTC call options at March 31, 2024, reflecting 50 contracts exercised at maturity prior to month-end. • Held $66 million in cash, for total liquidity of $123 million, at March 31, 2024. • Exercised purchase option for 28,000 Bitmain T21 miners and purchased 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. • Received $1.7 million net proceeds from the sale and leaseback of the Garlock facility, as part of the Company’s focus on efficient capital utilization. Upcoming Conferences and Events • April 8-9: DigitalABC's First Annual Canadian Crypto Asset and Blockchain Policy Conference, Ottawa • April 9: Bitcoin Policy Summit, Washington DC • April 29-30: AIM Summit, London • May 14-15: 19thAnnual Needham Technology, Media & Consumer Conference, New York City • May 15: Digital Blockchain Summit, Washington DC • May 22-23: B. Riley Securities 24th Annual Institutional Investor Conference, Beverly Hills, CA About Bitfarms Ltd Founded in 2017, Bitfarms is a global Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 11 operating Bitcoin mining facilities and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments, and online communities:www.bitfarms.comhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/ Glossary of Terms • BTC or BTC/day = Bitcoin or Bitcoin per day • EH or EH/s = Exahash or exahash per second • MW or MWh = Megawatts or megawatt hour • PH or PH/s = Petahash or petahash per second • TH or TH/s = Terahash or terahash per second • w/TH = Watts/Terahash efficiency (includes cost of powering supplementary equipment) • Synthetic HODL™ = the use of instruments that create bitcoin equivalent exposure Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding projected growth, target hashrate, opportunities relating to the Company’s geographical diversification and expansion, upgrading and deployment of miners as well as the timing therefor, improved financial performance and balance sheet liquidity, other growth opportunities and prospects, and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; it may not be possible to profitably liquidate the current digital currency inventory, or at all; the digital currency market may not continue to be accepted by users; digital currency prices are volatile and a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions may not be achieved; the Company may not be able to maintain reliable and economical sources of power for the Company to operate its cryptocurrency mining assets; \here may be increases in the Company’s electricity costs and costs of natural gas, the Company may be impacted by changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates, which could adversely impact the Company’s profitability; the Company ability to expand will depend upon the completion of future financings,; and the adoption of new, or changes in existing, regulations or laws could prevent the Company from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.SEDAR.com (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the Company’s annual information form for the year-ended December 31, 2022, filed on March 21, 2023. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law . Investor Relations Contacts: Tracy Krumme (Bitfarms)+1 [email protected] David Barnard (LHA)+1 [email protected] Media Contacts: Actual AgencyKhushboo Chaudhary+1 [email protected] Québec Media: TactLouis-Martin Leclerc+1 [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it had entered into an agreement where the Corporation will pay back the $100,000 CAD loan that was advanced to the Corporation via the $300,000 CAD credit facility agreement the Corporation announced it had entered into, via press release, back on February 22, 2024. The Corporation will settle the outstanding loan amount via the issuance of 3,333,333 Common Shares at a price of $0.03 CAD per Common Share. The Corporation also announced today that it will also settle an aggregate of $50,000 CAD of secured debt owed to a creditor via the issuance of an aggregate 1,666,667 Common Shares at a price of $0.03 CAD per Common Share. The debt settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. The issuance of the 5,000,000 Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/204257', '• US stocks traded mostly higher on Wednesday as investors focused on Fed Chair Jerome Powell\'s latest comments.\n• He affirmed rate cuts are likely coming this year, assuming inflation continues to cool.\n• The S&P 500 and the Nasdaq Composite ended the day in the green, while bond yields ticked lower.\nUS stocks traded mostly higher on Wednesday as investors took in the latest guidance from Federal Reserve officials on the timing of interest rate cuts. The S&P 500 and Nasdaq Composite ended the trading day in the green, while bond yields ticked lower.\nIn an afternoon address, Fed Chair Jerome Powell affirmed that rate cuts were likely coming later in 2024. Still, he suggested policymakers need to have more confidence inflation is moving back to the Fed\'s 2% price target before issuing the first cut.\n"On inflation, it is too soon to say whether the recent readings represent more than just a bump," Powell said in prepared remarks at a Stanford University event. "Given the strength of the economy and progress in inflation so far, we have time to let the incoming data guide our decisions on policy."\nThat compares to remarks from Atlanta Fed President Raphael Bostic, who cast a hawkish tone this morning and said heforesaw just one rate cutby the end of the year. Fed Governor Adriana Kugler is scheduled to speak after the closing bell.\nInvestors are continuing to push back on their expectations for an interest rate cut. Markets are pricing in a 62% chance the Fed could cut rates at least once by June, according to theCME FedWatch tool, down from 74% odds priced in a month ago.\n"The narrative of falling inflation and imminent Fed rate cuts that drove the stock market\'s first quarter gains is wobbling in the second quarter," Yung-Yu Ma, the chief investment officer of BMO Wealth Management, said in a note on Wednesday. "We expect more of a market consolidation instead of a correction. The stock market doesn\'t need Fed rate cuts or even falling inflation, but it\'s also not in a robust position to quickly digest risks that could rise from accelerating inflation ... or rising long-term interest rates."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,211.49, up 0.1%\n• Dow Jones Industrial Average:39,127.14, down 0.1% (43 points)\n• Nasdaq Composite:16,277.46, up 0.2%\nHere\'s what else happened today:\n• JPMorgan just slashed its price target on Tesla stockand sees 32% downside for Elon Musk\'s carmaker.\n• Tesla could "go bust" and plunge 91% in value, according to one longtime bear.\n• China could be poised to grow at double the rateof the US in the coming years, according to one economist.\n• Trump Media is suing its cofoundersfor "failing spectacularly" and "doing significant damage" to its business.\n• Here\'s why stocks will stay under pressure until tax day on April 15.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.40% to $85.49 a barrel.Brent crude, the international benchmark, ticked higher 0.04% to $89.39 a barrel.\n• Goldedged up 0.66% to $2,295.51 per ounce.\n• The 10-year Treasury yield traded relatively flat around 4.357%.\n• Bitcoindipped 0.32% to $65,891.\nRead the original article onBusiness Insider', "ARK 21Shares exchange-traded fund (ARKB) experienced higherBitcoin (BTC)outflows than Grayscale's Bitcoin Trust (GBTC) for the first time. According to data from Farside Investors, ARKB recorded outflows of nearly $88 million on Tuesday, surpassing GBTC's outflows of $81 million. These two products were the sole losers among the 11 ETFs analyzed.\nThe outflows from ARKB mark its largest since its launch in January. The fund suffered a loss of $300,000 on Monday, marking its first-ever outflows. In contrast, Grayscale's Bitcoin Trust has been facing continuous outflows since March 15, with the total outflows now exceeding $15 billion, as per the data.\nAmong other ETFs, BlackRock's IBIT emerged as the leader, attracting an additional $150 million. Fidelity's FBTC followed with $44 million in inflows. Overall, the net inflows for the day reached $40 million, a significant improvement compared to the net outflows of $80 million recorded on Monday.\nBitcoin priceshave remained relatively stable over the past 24 hours, declining 0.55% over the past 24 hours. However, it experienced a sharp decline in the past week, dropping by over 5% and falling back below the $69,000 level.", "ARK 21Shares exchange-traded fund (ARKB) experienced higherBitcoin (BTC)outflows than Grayscale's Bitcoin Trust (GBTC) for the first time. According to data from Farside Investors, ARKB recorded outflows of nearly $88 million on Tuesday, surpassing GBTC's outflows of $81 million. These two products were the sole losers among the 11 ETFs analyzed.\nThe outflows from ARKB mark its largest since its launch in January. The fund suffered a loss of $300,000 on Monday, marking its first-ever outflows. In contrast, Grayscale's Bitcoin Trust has been facing continuous outflows since March 15, with the total outflows now exceeding $15 billion, as per the data.\nAmong other ETFs, BlackRock's IBIT emerged as the leader, attracting an additional $150 million. Fidelity's FBTC followed with $44 million in inflows. Overall, the net inflows for the day reached $40 million, a significant improvement compared to the net outflows of $80 million recorded on Monday.\nBitcoin priceshave remained relatively stable over the past 24 hours, declining 0.55% over the past 24 hours. However, it experienced a sharp decline in the past week, dropping by over 5% and falling back below the $69,000 level.", "Bitcoin Cash (BCH), the proof-of-work cryptocurrency forked from Bitcoin (BTC), faced a brief downturn in its three-month rally on Wednesday. The dip occurred shortly after the blockchain completed its second-ever halving, an event that slashes mining rewards in half.\nBitcoin Cash underwent its first halving on April 8, 2020, reducing miner rewards from 12.5 BCH to 6.25 BCH. Speculation surrounded the halving, driving BCH's price up by 147.85% over the past three months and 24% over the last 30 days.\nHowever, in the day leading up to the halving, Bitcoin Cash experienced a 9.94% price drop, falling to $572.21, according to CoinMarketCap data. Nevertheless, the cryptocurrency quickly rebounded after the halving, reaching $614. BCH is still down 2.40% over the past 23 hours. The temporary price decline resulted in 24 hours liquidations totaling $4 million, primarily affecting long positions with $2.92 million, while short positions accounted for $1.08 million,accordingto CoinGlass. The open interest has continued to surge, reaching $782 million.\nBitcoin Cash forked from Bitcoin in 2017 due to disagreements within the community regarding scaling and transaction fees. In 2019, it experienced another split, causing controversy among miners as some had not upgraded to the new chain, resulting in wasted resources.", "Bitcoin Cash (BCH), the proof-of-work cryptocurrency forked from Bitcoin (BTC), faced a brief downturn in its three-month rally on Wednesday. The dip occurred shortly after the blockchain completed its second-ever halving, an event that slashes mining rewards in half.\nBitcoin Cash underwent its first halving on April 8, 2020, reducing miner rewards from 12.5 BCH to 6.25 BCH. Speculation surrounded the halving, driving BCH's price up by 147.85% over the past three months and 24% over the last 30 days.\nHowever, in the day leading up to the halving, Bitcoin Cash experienced a 9.94% price drop, falling to $572.21, according to CoinMarketCap data. Nevertheless, the cryptocurrency quickly rebounded after the halving, reaching $614. BCH is still down 2.40% over the past 23 hours. The temporary price decline resulted in 24 hours liquidations totaling $4 million, primarily affecting long positions with $2.92 million, while short positions accounted for $1.08 million,accordingto CoinGlass. The open interest has continued to surge, reaching $782 million.\nBitcoin Cash forked from Bitcoin in 2017 due to disagreements within the community regarding scaling and transaction fees. In 2019, it experienced another split, causing controversy among miners as some had not upgraded to the new chain, resulting in wasted resources.", 'This article was originally published on theBenzinga India portal.\nMeme tokens likeShiba Inu(CRYPTO:SHIB),Pepe(PEPE), andFloki(FLOKI)\xa0have captured the attention of Indian investors, dominating the trading scene onWazirX, one of India’s premier crypto exchanges.\nWhat Happened:In an interesting shift in the cryptocurrency market, aside fromBitcoin(CRYPTO:BTC), all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly astighter regulations on foreign exchangeshave bolstered local platforms.\nhttps://twitter.com/Shibtoken/status/1775240712675635502\nShiba Inu, in particular, has emerged as a standout, not just outpacing its meme coin rivals but also surpassing Bitcoin in trading volume on the platform.\nSee also:X Launches Community Notes In India, Just In Time For Elections\nWhat to know:TheDogecoin(CRYPTO:DOGE)\xa0rival’s rise reflects a broader trend of meme coins gaining traction for their potential long-term value beyond speculative interest.\nThe SHIB team is working on plans to expand beyond its meme coin origins with innovations such as the DEX platform ShibaSwap and the layer-2 blockchain Shibarium, aiming to sustain the token’s growth amidst a generally positive sentiment in the meme coin ecosystem.\nDespite a recent dip in its price, SHIB remains a highly watched token. Over the last 24 hours, its trade volume fell 34% to $200.7 million, and its market position slipped to 12th, according to Coinmarketcap data. However, SHIB still boasts a 14% profit over the last 30 days, following an initial rally of over 200% in March.\nRead next:Tesla Scouts For Locations In India For A Proposed $2Bn-$3Bn Electric Car Plant\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleShiba Inu Outshines Bitcoin In India Amid Meme Coin Frenzy On Premier Domestic Platformoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'This article was originally published on theBenzinga India portal.\nMeme tokens likeShiba Inu(CRYPTO:SHIB),Pepe(PEPE), andFloki(FLOKI)\xa0have captured the attention of Indian investors, dominating the trading scene onWazirX, one of India’s premier crypto exchanges.\nWhat Happened:In an interesting shift in the cryptocurrency market, aside fromBitcoin(CRYPTO:BTC), all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly astighter regulations on foreign exchangeshave bolstered local platforms.\nhttps://twitter.com/Shibtoken/status/1775240712675635502\nShiba Inu, in particular, has emerged as a standout, not just outpacing its meme coin rivals but also surpassing Bitcoin in trading volume on the platform.\nSee also:X Launches Community Notes In India, Just In Time For Elections\nWhat to know:TheDogecoin(CRYPTO:DOGE)\xa0rival’s rise reflects a broader trend of meme coins gaining traction for their potential long-term value beyond speculative interest.\nThe SHIB team is working on plans to expand beyond its meme coin origins with innovations such as the DEX platform ShibaSwap and the layer-2 blockchain Shibarium, aiming to sustain the token’s growth amidst a generally positive sentiment in the meme coin ecosystem.\nDespite a recent dip in its price, SHIB remains a highly watched token. Over the last 24 hours, its trade volume fell 34% to $200.7 million, and its market position slipped to 12th, according to Coinmarketcap data. However, SHIB still boasts a 14% profit over the last 30 days, following an initial rally of over 200% in March.\nRead next:Tesla Scouts For Locations In India For A Proposed $2Bn-$3Bn Electric Car Plant\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleShiba Inu Outshines Bitcoin In India Amid Meme Coin Frenzy On Premier Domestic Platformoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin is experiencing price volatility with just over two weeks remaining before the digital asset is expected to undergo its "halving" event.\nBitcoin halving means the reward for mining bitcoin is cut in half. Halvings reduce the rate at which new coins are created and therefore lower the available amount of new supply. Bitcoin (BTC-USD) last halved on May 11, 2020, resulting in a block reward of 6.25 BTC. The next halving will bring the block reward down to 3.125 BTC.\nFrantic trading in the lead up to the event has driven up the price of bitcoin, with volatility over the past 24 hours causing the digital asset to fall to $65,000 (£51,340), before subsequently recovering to currently trade slightly above $66,000 (£52,130).\nRead more:Crypto live prices\nAlthough the forthcoming bitcoin halving is expected to decrease the supply of bitcoin, potentially resulting in price appreciation, recent market trends indicate that investors may be cashing in on profits ahead of the event. This was evidenced by a significant drop in bitcoin\'s price at the beginning of the week, plummeting from nearly $70,000 (£55,290) to slightly above the $65,000 threshold.\nPrice swings in the past 24 hours have caused over $42m in liquidations of leveraged bitcoin positions on cryptocurrency exchanges, according to Coinglassdata. Of these liquidations, the majority, around $26m, consisted of long positions.\nCoinGlassdatashows that in the overall cryptocurrency market there have been over $120m in long positions in the past 24 hours. This contributed to a total of $175m in total liquidations across major cryptocurrency exchanges.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nLiquidations tend to occur during volatile price swings, when prices rise or fall sharply. During these market conditions, there is either a rush to buy or sell.\nThe majority of liquidations in the past 24 hours were long positions held by traders who were anticipating the cryptocurrency\'s value to rise. However, due to the sudden market decline, they were forced to sell at a loss to minimise further losses.\nThe global cryptocurrency market today stands at $2.63tn, an increase of 0.3% in the past 24 hours. Bitcoin makes up 49.6% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.2%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, falling by 7% compared to bitcoin\'s 6% decrease. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards, falling by a more muted 1% in the past week.\nThe halving event is expected to take place mid-April. This will reduce the rate at which new bitcoins are produced and ultimately limiting the total supply of bitcoin, which may potentially increase its scarcity and influence its value.\nThis will be bitcoin\'s fourth halving, and according to Coinbase (COIN), it will happen sometime between 16 April and 22 April.\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nThe halving mechanism operates by reducing the rate at which new bitcoins enter circulation. During the halving, the block reward of the bitcoin network will decrease from 6.25 bitcoin to 3.125 bitcoin.\nBitcoin has a capped supply of 21 million tokens. To date, approximately 19 million tokens have been released and according to CoinGecko, the present bitcoin circulating supply is 19,672,875 BTC.\nFollowing the last halving on 11 May, 2020, bitcoin\'s price surged by approximately 12% in the subsequent week. Later in the year, bitcoin experienced a sharp rally, with various explanations offered, including loose monetary policy and retail investors spending excess cash on cryptocurrencies while staying at home.\nHowever, there was no concrete evidence suggesting that the halving was the primary catalyst for this, or any previous price increase.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin is experiencing price volatility with just over two weeks remaining before the digital asset is expected to undergo its "halving" event.\nBitcoin halving means the reward for mining bitcoin is cut in half. Halvings reduce the rate at which new coins are created and therefore lower the available amount of new supply. Bitcoin (BTC-USD) last halved on May 11, 2020, resulting in a block reward of 6.25 BTC. The next halving will bring the block reward down to 3.125 BTC.\nFrantic trading in the lead up to the event has driven up the price of bitcoin, with volatility over the past 24 hours causing the digital asset to fall to $65,000 (£51,340), before subsequently recovering to currently trade slightly above $66,000 (£52,130).\nRead more:Crypto live prices\nAlthough the forthcoming bitcoin halving is expected to decrease the supply of bitcoin, potentially resulting in price appreciation, recent market trends indicate that investors may be cashing in on profits ahead of the event. This was evidenced by a significant drop in bitcoin\'s price at the beginning of the week, plummeting from nearly $70,000 (£55,290) to slightly above the $65,000 threshold.\nPrice swings in the past 24 hours have caused over $42m in liquidations of leveraged bitcoin positions on cryptocurrency exchanges, according to Coinglassdata. Of these liquidations, the majority, around $26m, consisted of long positions.\nCoinGlassdatashows that in the overall cryptocurrency market there have been over $120m in long positions in the past 24 hours. This contributed to a total of $175m in total liquidations across major cryptocurrency exchanges.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nLiquidations tend to occur during volatile price swings, when prices rise or fall sharply. During these market conditions, there is either a rush to buy or sell.\nThe majority of liquidations in the past 24 hours were long positions held by traders who were anticipating the cryptocurrency\'s value to rise. However, due to the sudden market decline, they were forced to sell at a loss to minimise further losses.\nThe global cryptocurrency market today stands at $2.63tn, an increase of 0.3% in the past 24 hours. Bitcoin makes up 49.6% the overall cryptocurrency market, whilst the second largest currency, ether, (ETH-USD) accounts for 15.2%, according to CoinGeckodata.\nEther has under-performed bitcoin in the past week, falling by 7% compared to bitcoin\'s 6% decrease. Ether is facing challenges stemming from uncertainty surrounding the potential approval of a spot ETF by the US Securities and Exchange Commission (SEC) before a May deadline.\nAnother major altcoin, Solana (SOL-USD), has also drifted downwards, falling by a more muted 1% in the past week.\nThe halving event is expected to take place mid-April. This will reduce the rate at which new bitcoins are produced and ultimately limiting the total supply of bitcoin, which may potentially increase its scarcity and influence its value.\nThis will be bitcoin\'s fourth halving, and according to Coinbase (COIN), it will happen sometime between 16 April and 22 April.\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nThe halving mechanism operates by reducing the rate at which new bitcoins enter circulation. During the halving, the block reward of the bitcoin network will decrease from 6.25 bitcoin to 3.125 bitcoin.\nBitcoin has a capped supply of 21 million tokens. To date, approximately 19 million tokens have been released and according to CoinGecko, the present bitcoin circulating supply is 19,672,875 BTC.\nFollowing the last halving on 11 May, 2020, bitcoin\'s price surged by approximately 12% in the subsequent week. Later in the year, bitcoin experienced a sharp rally, with various explanations offered, including loose monetary policy and retail investors spending excess cash on cryptocurrencies while staying at home.\nHowever, there was no concrete evidence suggesting that the halving was the primary catalyst for this, or any previous price increase.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'This past year was certainly an excellent one forMarathon Digital(NASDAQ:MARA) stock, which surged more than 300% asBitcoin(BTC-USD) went on an absolute tear. The move was expected because of bearish sentiment and the upcoming Bitcoin halving.\nThis halving was clearly overly-priced into this stock. However, investors are once again considering the effects on its balance sheet. MARA stock is now down on a year-to-date basis, as uncertainty looms around the company’s future profitability and cash flow profile. I still think those who are bullish on Bitcoin may want to consider MARA.\nMarathon released an impressiveQ4 2023 earning reportin February. This was a quarter to remember, as the company brought in a remarkable $156.8 million in revenue.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company also revealed it has mined over 4,242 BTCs in the past year, surpassing its 2022 record production. Efforts persist in enhancing the hash rate and mining capacity, which should further the company’s efforts moving forward (despite the halving event eliminating some of this benefit).\nThe company has continued to pile its record profit of more than $150 last year into capital improvements and positioning the company to be a leader in this space moving forward.\nMany investors may be losing sight of the fact that it’s going to be a race for market share in the crypto mining space. If Marathon Digital is able to offset lost revenue with greater overall share, and Bitcoin’s price rises materially from here, these sorts of record profit numbers have the potential to continue.\nThat’s a lot of ifs. But it’s true that Marathon Digital’s operations remain strong, and support the company’s current valuation.\nLast year, Marathon Digital operated roughly 210,000 crypto-mining rigs, generating more than $385 million in revenue as Bitcoin’s price continued to rise.\nOf course, Bitcoin’s price movements are going to remain the key focal point of investors and that’s largely outside of the company’s control.\nBut its recent investments in additional hash rate and mining capacity should allow the company to generate outsized production, partially offsetting the impact of halved rewards and a potential scenario where Bitcoin’s price flat-lines or moves lower.\nI’d have to say that Marathon’s valuation last year certainly got a little exuberant, to put things nicely. However, that was coming off of a 2022 bear market in crypto where no one wanted to own anything related to this sector. So, things have sort of round-tripped on the valuation front.\nIt’s my view that Marathon Digital’s current valuation is fair, and I’d consider the stock a buy (for those bullish on Bitcoin) and a hold for everyone else. I have no skin in the game regarding this stock. I just think that the market’s recent negative take on the Bitcoin miner may be overdone.\nWe’ll have to see if this take is the right one a year from now. But given Bitcoin’s recent dominance, I do think there are plenty of pathways higher for this overlooked crypto stock right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy Marathon Digital Stock Could Be the Best Way to Profit from the Bitcoin Hypeappeared first onInvestorPlace.', 'This past year was certainly an excellent one forMarathon Digital(NASDAQ:MARA) stock, which surged more than 300% asBitcoin(BTC-USD) went on an absolute tear. The move was expected because of bearish sentiment and the upcoming Bitcoin halving.\nThis halving was clearly overly-priced into this stock. However, investors are once again considering the effects on its balance sheet. MARA stock is now down on a year-to-date basis, as uncertainty looms around the company’s future profitability and cash flow profile. I still think those who are bullish on Bitcoin may want to consider MARA.\nMarathon released an impressiveQ4 2023 earning reportin February. This was a quarter to remember, as the company brought in a remarkable $156.8 million in revenue.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe company also revealed it has mined over 4,242 BTCs in the past year, surpassing its 2022 record production. Efforts persist in enhancing the hash rate and mining capacity, which should further the company’s efforts moving forward (despite the halving event eliminating some of this benefit).\nThe company has continued to pile its record profit of more than $150 last year into capital improvements and positioning the company to be a leader in this space moving forward.\nMany investors may be losing sight of the fact that it’s going to be a race for market share in the crypto mining space. If Marathon Digital is able to offset lost revenue with greater overall share, and Bitcoin’s price rises materially from here, these sorts of record profit numbers have the potential to continue.\nThat’s a lot of ifs. But it’s true that Marathon Digital’s operations remain strong, and support the company’s current valuation.\nLast year, Marathon Digital operated roughly 210,000 crypto-mining rigs, generating more than $385 million in revenue as Bitcoin’s price continued to rise.\nOf course, Bitcoin’s price movements are going to remain the key focal point of investors and that’s largely outside of the company’s control.\nBut its recent investments in additional hash rate and mining capacity should allow the company to generate outsized production, partially offsetting the impact of halved rewards and a potential scenario where Bitcoin’s price flat-lines or moves lower.\nI’d have to say that Marathon’s valuation last year certainly got a little exuberant, to put things nicely. However, that was coming off of a 2022 bear market in crypto where no one wanted to own anything related to this sector. So, things have sort of round-tripped on the valuation front.\nIt’s my view that Marathon Digital’s current valuation is fair, and I’d consider the stock a buy (for those bullish on Bitcoin) and a hold for everyone else. I have no skin in the game regarding this stock. I just think that the market’s recent negative take on the Bitcoin miner may be overdone.\nWe’ll have to see if this take is the right one a year from now. But given Bitcoin’s recent dominance, I do think there are plenty of pathways higher for this overlooked crypto stock right now.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postWhy Marathon Digital Stock Could Be the Best Way to Profit from the Bitcoin Hypeappeared first onInvestorPlace.', 'WhenBitcoin(CRYPTO: BTC)retreated from its new all-time high of $73,750 in mid-March, some investors panicked, thinking that the volatile cryptocurrency might fall well past the current $66,000 level. But seasoned crypto investors held the line, seeing this as yet anotherbuy the dipopportunity for Bitcoin.\nAnd, indeed, as we head into April, the price of Bitcoin has stabilized. This shows yet again that temporary price corrections are no reason to abandon Bitcoin. So the next time Bitcoin takes a plunge, keep this in mind. Time and time again, the buy-the-dip strategy has worked out for Bitcoin investors.\nInvestors refer to Bitcoin as avolatile asset, and the recent situation is exactly what they have in mind. Some might assume that Bitcoin has been on a relatively straight upward trajectory during the past five years, but nothing could be further from the truth.\nDue to its historically high levels of volatility, Bitcoin has always been prone to sharp upswings and downswings. Parabolic moves to the upside are sometimes followed by dizzying downturns, and both can sometimes occur with incredible quickness.\nInvestors new to Bitcoin may find this type of extreme volatility a bit jarring. This could be why some investors are unwilling to buy the dip -- they simply aren\'t prepared for these types of price swings.\nBut as legendary Bitcoin bull Michael Saylor recently pointed out, "Volatility is vitality." From this perspective, volatility is the price to be paid for Bitcoin\'s rapid upside potential and one of the key reasons many investors consider the crypto to be so valuable. This volatility is what gives Bitcoin the possibility for high returns.\nThe good news for risk-averse investors is that Bitcoin\'s volatility appears to be decreasing over time. As the above chart from TradingView shows, daily price moves are becoming less dramatic than just a few years ago. And that means future dips should be less jarring than the one that just took place.\nFor much of this year, Bitcoin\'s sharp price appreciation has been driven primarily by one catalyst: the introduction of the new spot Bitcoin exchange-traded funds (ETFs) in January. By opening up Bitcoin investing to all retail and institutional investors, these ETFs immediately resulted in a huge influx of new investor money into the cryptocurrency.\nFor two months, this influx of new money continued nearly unabated. On some days, more than $1 billion in new money flowed into Bitcoin. But with the latest price correction, investors started to see a net outflow for the first time since January, and that weighed heavily on the crypto\'s price.\nThe good news is that a new catalyst for continued price appreciation is coming soon. The Bitcoin halving, in which the mining rewards paid out to Bitcoin miners are slashed in half, is now scheduled for April 20. As a result, buying the dip throughout 2024 should not be as daunting, given that many believe the April halving could lead to the next big rally in the cryptocurrency\'s price.\nThere have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each has led to a new all-time high for the crypto. The 2020 halving, for example, eventually led to Bitcoin soaring as high as $69,000, its previous record before the rally last month. So hopes are naturally high that the impending halving will have the same impact. With that in mind, now is no time to sell when a new catalyst is so tantalizingly close.\nIt\'s important to maintain a long-term outlook for Bitcoin so you won\'t be distracted by short-term swings in price. This long-term outlook includes mainstream adoption of Bitcoin by investors, a growing number of use cases for Bitcoin, and an increasingly prominent role for the crypto in the global economy. That long-term outlook is the secret to the buy-the-dip strategy.\nCathie Wood of Ark Invest recently doubled down on her $1.5 million price prediction for Bitcoin, and a big reason for this was the crypto\'s long-term outlook. She is not focused on short-term market fluctuations. For her, Bitcoin remains a "financial superhighway" capable of becoming a major part of the global financial system, especially in emerging markets.\nBut keep in mind that the path to $1.5 million is unlikely to be gently sloping upward. There will be hills and valleys along the way. Some of those hills will look like insurmountable mountains, and you might question how Bitcoin is going to possibly climb higher. That\'s when the volatility you\'ve been worrying about now is going to become the rocket fuel needed for Bitcoin to soar higher. So if you\'re thinking of abandoning this crypto now, stop worrying and learn to buy the dip.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 1, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould Investors Be Worried About Another Dip in Price for Bitcoin?was originally published by The Motley Fool', 'WhenBitcoin(CRYPTO: BTC)retreated from its new all-time high of $73,750 in mid-March, some investors panicked, thinking that the volatile cryptocurrency might fall well past the current $66,000 level. But seasoned crypto investors held the line, seeing this as yet anotherbuy the dipopportunity for Bitcoin.\nAnd, indeed, as we head into April, the price of Bitcoin has stabilized. This shows yet again that temporary price corrections are no reason to abandon Bitcoin. So the next time Bitcoin takes a plunge, keep this in mind. Time and time again, the buy-the-dip strategy has worked out for Bitcoin investors.\nInvestors refer to Bitcoin as avolatile asset, and the recent situation is exactly what they have in mind. Some might assume that Bitcoin has been on a relatively straight upward trajectory during the past five years, but nothing could be further from the truth.\nDue to its historically high levels of volatility, Bitcoin has always been prone to sharp upswings and downswings. Parabolic moves to the upside are sometimes followed by dizzying downturns, and both can sometimes occur with incredible quickness.\nInvestors new to Bitcoin may find this type of extreme volatility a bit jarring. This could be why some investors are unwilling to buy the dip -- they simply aren\'t prepared for these types of price swings.\nBut as legendary Bitcoin bull Michael Saylor recently pointed out, "Volatility is vitality." From this perspective, volatility is the price to be paid for Bitcoin\'s rapid upside potential and one of the key reasons many investors consider the crypto to be so valuable. This volatility is what gives Bitcoin the possibility for high returns.\nThe good news for risk-averse investors is that Bitcoin\'s volatility appears to be decreasing over time. As the above chart from TradingView shows, daily price moves are becoming less dramatic than just a few years ago. And that means future dips should be less jarring than the one that just took place.\nFor much of this year, Bitcoin\'s sharp price appreciation has been driven primarily by one catalyst: the introduction of the new spot Bitcoin exchange-traded funds (ETFs) in January. By opening up Bitcoin investing to all retail and institutional investors, these ETFs immediately resulted in a huge influx of new investor money into the cryptocurrency.\nFor two months, this influx of new money continued nearly unabated. On some days, more than $1 billion in new money flowed into Bitcoin. But with the latest price correction, investors started to see a net outflow for the first time since January, and that weighed heavily on the crypto\'s price.\nThe good news is that a new catalyst for continued price appreciation is coming soon. The Bitcoin halving, in which the mining rewards paid out to Bitcoin miners are slashed in half, is now scheduled for April 20. As a result, buying the dip throughout 2024 should not be as daunting, given that many believe the April halving could lead to the next big rally in the cryptocurrency\'s price.\nThere have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each has led to a new all-time high for the crypto. The 2020 halving, for example, eventually led to Bitcoin soaring as high as $69,000, its previous record before the rally last month. So hopes are naturally high that the impending halving will have the same impact. With that in mind, now is no time to sell when a new catalyst is so tantalizingly close.\nIt\'s important to maintain a long-term outlook for Bitcoin so you won\'t be distracted by short-term swings in price. This long-term outlook includes mainstream adoption of Bitcoin by investors, a growing number of use cases for Bitcoin, and an increasingly prominent role for the crypto in the global economy. That long-term outlook is the secret to the buy-the-dip strategy.\nCathie Wood of Ark Invest recently doubled down on her $1.5 million price prediction for Bitcoin, and a big reason for this was the crypto\'s long-term outlook. She is not focused on short-term market fluctuations. For her, Bitcoin remains a "financial superhighway" capable of becoming a major part of the global financial system, especially in emerging markets.\nBut keep in mind that the path to $1.5 million is unlikely to be gently sloping upward. There will be hills and valleys along the way. Some Last 60 Days of Bitcoin's Closing Prices: [42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-04 Financial & Commodity Data: - Gold Closing Price: $2288.80 - Crude Oil Closing Price: $86.59 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,300,892,251,838 - Hash Rate: 570252632.2758324 - Transaction Count: 320607.0 - Unique Addresses: 655509.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Wall Street closed the trading session on a high note Tuesday, as investors braced for the results of a crucial Federal Reserve policy meeting. The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses to close at a fresh record high of 5,178.51. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.8%, or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground in the wake ofAI updatesfrom its annual developer conference. The gains capped a second-straightwinning day for the major gauges. Attention is firmly on theFed's two-day meetingthat began Tuesday morning, seen as a test forstocks bruisedby recentinflation surprisesthat undermined bets on interest-rate cuts coming soon. With policymakers widely expected to keep rates at their historic highs, thefocus is on the "dot plot"for any clues to the number and timing of any cuts this year. The central bank's policy decision is due Wednesday at 2 p.m. ET. Meanwhile, the Bank of Japanended its era of negative rateswith its first hike in 17 years, making a splash in a weekpacked with central bank decisions. In cryptocurrencies, bitcoin (BTC-USD) continued to pull back from its recent record high,falling over 5%at one point. Shares of crypto-linked companies Coinbase (COIN) and Marathon Digital (MARA) lost ground alongside the token. On the corporate front, shares of Unilever (UL) popped after the Ben & Jerry's maker said it would cut jobs andspin off its ice cream unit. • Tue, March 19, 2024 at 8:05 PM UTCHamza ShabanStocks rise ahead of Fed decisionInvestors shed earlier losses and embraced optimism on Tuesday as Wall Street prepared for the Federal Reserve's next policy announcement scheduled for Wednesday afternoon.The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.8% or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground after the company announced its new flagship AI processor is expected to shiplater this year. • Tue, March 19, 2024 at 7:15 PM UTCHamza ShabanMicrosoft hires DeepMind founder to lead new AI shiftThe race for AI market share is also playing out in the hiring of key experts.Microsoft announced on Tuesdaythat DeepMind co-founder Mustafa Suleyman is joining the tech giant to form a new organization called Microsoft AI, focused on advancing Copilot and other consumer AI products and research. Several employees from Suleyman's AI startup Inflection are also heading over to Microsoft, as well as Karén Simonyan, co-founder and chief scientist.Suleyman will serve as CEO of the new group, said Microsoft CEO Satya Nadella. In addition, the company's existing AI units will report to Suleyman, bringing the groups that run Copilot, Bing, and Edge, as well as Microsoft's GenAI team, into the same organization."These teams are at the vanguard of innovation at Microsoft, bringing a new entrant energy and ethos, to a changing consumer product landscape driven by the AI platform shift," Nadella said in a note to employees that was published on the company's blog.The move comes as tech giants are scrambling to advance their AI efforts through new products, research efforts, and partnerships.Microsoft's hiring announcement arrivesamid reportsthat Apple (AAPL) is in talks with Alphabet's Google (GOOG,GOOGL)to potentially incorporate Google's "Gemini" generative AI engine into its iPhones.Apple had previously engaged in talks with OpenAI for a similar potential partnership.In the note to staff, Nadella said the company's AI innovation continues to build on its "most strategic and important partnership with OpenAI." • Tue, March 19, 2024 at 6:30 PM UTCHamza ShabanThe effort to ban TikTok faces potential 'graveyard' in SenateAfter aHouse voteto advance legislation that would force TikTok’s Chinese owner to sell the app or face a US ban, the Senate now stands as the next hurdle in Congress's fight against the platform.But asYahoo Finance's Ben Werschkul reports, the Senate often becomes a key stumbling block in Washington's efforts to confront Big Tech.A possible ban of the popular social media app is atop the Senate’s agenda as lawmakers return to the nation's capital this week.While bipartisan energy behind any effort to take on China could overwhelm efforts to slow the bill, there are also significant legal issues that senators may not be keen to overlook.What's more, the Senate in past years has served as a flashing red light to other technology reforms that found bipartisan enthusiasm in the House, including data privacy efforts and a move to prohibit tech giants from favoring their own products. • Tue, March 19, 2024 at 5:48 PM UTCJosh SchaferMore investors see the possibility of a 'no landing' scenarioWhile marketshave scaled backprojections for interest rate cuts this year— andcould possibly price in even fewer cutsafter the Federal Reserve provides its latest update on monetary policy Tuesday — investors still see the same ending to the Fed's rate hiking cycle.In Bank of America's March Global Fund Manager Survey, 62% of respondents said the most likely outcome for the global economy is a "soft landing." Typically, this would mean inflation retreats to the long-term target range without an outright economic downturn.Notably, the 62% projecting a soft landing is lowest level of conviction seen since October (the most recent bottom in US equity markets). But, as seen in the chart below, this isn't because more investors fear a "hard landing," which would bring recession.Instead, anincreasing amount of investorssee the possibility for a "no landing" scenario, where the economy sees both above-trend economic growth and above-trend inflation.This reflectsthe new growing consensusthat any expectations for an economic downturn have gone by the wayside. This, stock market bulls have argued, is the key takeaway on the shifting economic story to start 2024."What really counts is this resilience that we're seeing in consumer and business and in terms of the jobs numbers," Oppenheimer chief investment strategist John Stoltzfustold Yahoo Finance Live. • Tue, March 19, 2024 at 5:15 PM UTCHamza ShabanStocks trending in afternoon tradingHere are some of the stocks leading Yahoo Finance’strending tickerspage during afternoon trading on Tuesday:Nordstrom (JWM): Shares of the retailer jumped more than 11% Tuesday afterReuters reportedthe company's founding family is seeking to take the US department store private, citing people familiar with the matter.Advanced Micro Devices (AMD):The semiconductor company fell more than 5% in afternoon trading, joining other chip stocks that fell after AI leader Nvidia (NVDA) held its developers conference.Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice-\ cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Super Micro Computer (SMCI):Shares of the server manufacturer sank 9% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 4:31 PM UTCHamza ShabanStocks turn positive in afternoon tradingInvestors shifted directions Tuesday afternoon and sent all three major indexes into green territory as Wall Street braced for the Fed's press conference Wednesday and the next indication of where interest rate policy is headed.The S&P 500 (^GSPC) rose 0.2%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.6% or more than 200 points, coming off awinning day for the major gauges. The tech-heavy Nasdaq Composite (^IXIC) climbed just over the flatline after trading in the red earlier in the day. • Tue, March 19, 2024 at 3:45 PM UTCHamza ShabanJapan ends era of negative ratesThe world's last remaining negative interest wait is no more after the Bank of Japan, the final major holdout,put an end to an aggressive monetary stimulus programdesigned to pull the economy out of a slump.Japan's central bank on Tuesday ended its negative policy rate of minus 0.1% and replaced it with a target range of 0.0-0.1%. The hike, the first in 17 years,marks an end of an erain which major central banks engaged in an unconventional experiment in the aftermath of the global financial crisis to fuel growth.The long-held interest rate policy, along with other measures to inject money into the economy, “have fulfilled their roles,”said Bank of Japan Gov. Kazuo Ueda.In contrast to the US Federal Reserve, which is expected to begin lowering rates this summer after years of fighting off historic levels of inflation, Japan's central bank has been wrestling with a different problem: the need for growth. Japan suppressed borrowing costs to encourage consumers and businesses to spend, giving the economy a much-needed boost. Inflation has exceeded the Bank of Japan's 2% target for more than a year.Media reports earlier this week indicated the move was coming, muting the impact on the market Tuesday. Tokyo's benchmark Nikkei 225 index gained close to 0.7% on Tuesday while the dollar held at about 150 yen. • Tue, March 19, 2024 at 3:00 PM UTCHamza ShabanHow the realtor settlement could hurt homebuyersThe major realtor lawsuit settlement that may free home sellers from heavy commissions could have a negative impact on a group already beleaguered with higher interest rates and elevated home pricers.Homebuyers, squeezed by lack of inventory, could soon be on the hook for paying agent commissions,reports Yahoo Finance's Rebecca Chen.Under the longstanding system, homeowners looking to list their property are typically liable for both seller and buyer commissions. They sign a contract specifying the percentage of the commission split — traditionally each party takes 3%. But if the settlement is approved by a federal judge, the long-standing standard 6% commission would be eliminated and buyers would be responsible for their own agent compensation.Under the new model buyers would have to come up with the money to pay their agent on top of shelling out a down payment, financing, and closing costs.Experts also doubt that the settlement will push home prices downward since economic factors like supply and demand are what’s keeping homes expensive. And asYahoo Finance's Myles Udland writes, the Fed's crude interest rate policy lever isn't designed to cope with housing affordability either. • Tue, March 19, 2024 at 2:15 PM UTCHamza ShabanTrending tickers in morning tradingHere are some of the leaders of Yahoo Finance’strending tickerspage during morning trading on Tuesday:Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Bitcoin (BTC-USD):The dominant cryptocurrency is on track to suffer itsbiggest daily drop in two weeksas investors continue to flee from the token after it recently hit an-all time high. Bitcoin was changing hands at $63,000, a fall of about 7%.Nvidia (NVDA):Fresh off its annual developers conference, the AI darling lost 3% after it unveiledits latest AI chip, which it said is up to 30 times speedier than its predecessor.Super Micro Computer (SMCI):Shares of the server manufacturer sank 11% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 1:34 PM UTCHamza ShabanStocks slide before Fed meetingWall Street pulled back some as Federal Reserve officials began their two-day huddle to decide their next move on interest rate policy.The S&P 500 (^GSPC) slid roughly 0.2%, while the Dow Jones Industrial Average (^DJI) rose above the flatline, coming offa win on Monday for the major indexes. The tech-heavy Nasdaq Composite (^IXIC) dropped about 0.5% as AI darling Nvidia (NVDA) retreated after sharingAI updatesfrom its annual developer conference. • Tue, March 19, 2024 at 12:30 PM UTCBrian SozziThe bottom line on NvidiaNvidia's (NVDA) stock didn't do too much on day one of itsGTC conferencedespite an impressive array of new product introductions.But that doesn't mean what the company unveiled was disappointing — quite the contrary! I actually think everything CEO Jensen Huang showed off is so complex, it could take a few days for investors to digest and assess if the stock warrants another push higher.Wall Street was pleased with what they heard.Here's what JPMorgan analyst Harlan Sur had to say:"Overall, the team is further distancing itself with its aggressive cadence of new product launches and more product segmentation over time. With leading silicon (GPU/DPU/CPU), hardware/software platforms, and a strong ecosystem, Nvidia is well positioned to continue to benefit from major secular trends in AI, high-performance computing, gaming, and autonomous vehicles, in our view.Bottom line: NVIDIA continues to be 1-2 steps ahead of its competitors." • Tue, March 19, 2024 at 12:15 PM UTCBrian SozziThe AI stock bubble... or notAs Nvidia's (NVDA) GTCconferencecontinues out on the West Coast, it feels natural for BofA's new fund manager survey out today to weigh into the AI stock bubble debate.The end result: Institutional investors have no clue if this is a bubble!... - Reddit Posts (Sample): [['u/SuperSynapse', 'BTC has been retesting ATH continually and will likely break above at some point. Best we can do is test 90% down from ATH on Algorand? Am I missing something?', 41, '2024-04-04 00:28', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', "I'm continually disappointed by Algorand's performance. We have an awesome chain, world leading tech, but a struggling ecosystem, struggling adoption, struggling devs... What gives? \n\n\nI get bad decisions were made in the past, but what do we have to look forward to in the future?", 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', '1bv6f2f', [['u/ProfessorAlchemyPay', 20, '2024-04-04 00:41', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxeo88/', 'I hear you. Nothing seems to move the needle. Not sure what it’s going to take to have our breakout moment. And still, I hold…', '1bv6f2f'], ['u/nattewindjes', 12, '2024-04-04 00:45', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxfc2t/', "Algorand is too good for it not to move up, but I'm afraid it's just going to take time. I've lost quite money on it, but I'm just going to hold. :)", '1bv6f2f'], ['u/FluffyNight9930', 42, '2024-04-04 00:46', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxffmu/', 'We 3Xd from the bottom which is nice. Seems like all alts are pretty much holding steady in a similar fashion right now. You’re being dramatic imo and if you’ve been paying attention at all, you’re aware of the road map as well as growing use cases.', '1bv6f2f'], ['u/awesomedash-', 19, '2024-04-04 01:10', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxjcwk/', "Watch ALGO/BTC. It hasn't gone below 350-360 Satoshi recently even when the whole market was weaker which typically means relatively weaker altcoins. There are not that many sellers except the market maker and AT/AF. It doesn't take that much to push the price down or up because of relatively low liquidity in order books. Based on what I'm seeing the price doesn't tell the truth. There is a big accumulation going on. A good strategy is to focus on the adoption (chaintrail.io/dapps, chaintrail.io/rwa) and DCA when price dips.", '1bv6f2f'], ['u/daleDentin23', 12, '2024-04-04 01:16', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxkdlk/', "Buy more that's what I'm doing. As far as stroking your money ego look at usage by number of wallets. At least 1 of the programs are showing algo in top 5 granted that same one has tron as #1 which made me question the data. But regardless as it stands algorand eco system are showing great signs of stability and scale", '1bv6f2f'], ['u/Accomplished_Fact364', 12, '2024-04-04 01:21', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxl8rl/', 'Well...in 6 months we are gonna hear "man I wish I could\'ve gotten in at $0.20-$0.25\n\nCreate a thesis and stick with it. Revise it as things change FUNDAMENTALLY not based on the next sol casino pump.', '1bv6f2f'], ['u/Certain_Cranberry_77', 10, '2024-04-04 01:37', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxnu26/', '60 th in MC. Its going backwards. Yes, you are missing something. You are missing gains. You are missing the moon.', '1bv6f2f'], ['u/T-Shurts', 54, '2024-04-04 01:39', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxo66h/', 'Does everyone forget that this is a new industry and the REAL money will be made when there’s true adoption and use? \n\nAlgorand is ACTUALLY used, even before the rest of the projects out there. It’s not theoretical, it’s no niche (Defi, gaming, nft, etc) type tech. \n\nInstitutional interest is just now happening. With Algorand being actively used by global corporations, it’s setting itself up to EXPLODE long term. \n\nI’m here for the roller coaster ride, and eventual take off. Be patient my fellow Algonaugt. It will have its day.', '1bv6f2f'], ['u/GhostOfMcAfee', 50, '2024-04-04 02:29', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxw4vd/', 'Maybe, just maybe, it\'s because people post shit like this FUDing their own bags on a day when the news preceding it was :\n\na) ICP and Algorand interoperability unlocked\n\nb) Huge boosts in on chain traffic from an cross chain DEX\n\nc) Wormhole token airdrop is ongoing\n\nd) CompX token drop coming soon \n\ne) Top 5 in daily active addresses\n\n\n\nThere is a fundamental attitude problem with a lot of people who just hold the Algorand coin and little else. There are far too many people with a sour ass attitude who do nothing, expect everything handed to them, don\'t participate in the ecosystem in any way, lament lack of liquidity but won\'t provide any, want stuff but don\'t want to pay for it, cry about the foundation but probably don\'t have an account on the Forum much less participate there, and don\'t involve themselves in anything other than collecting rewards every 3 months and yet never fail to miss a chance to go "boohoo why isn\'t anyone buying my bags."\n\n\n\nForgive my harsh tone, but seriously, what do you think you are accomplishing here with this pity party?', '1bv6f2f'], ['u/hypercosm_dot_net', 11, '2024-04-04 04:00', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxyaasy/', "Well said. People watching solely short term price aren't paying attention to any of that. \n\nThese type of posts are where all the 'dead chain' folks come to post, because they don't know any of the growth or usage happening.", '1bv6f2f']]], ['u/badspendinghabit', 'What is “BTC” referring to in this title for the IVV etf?', 10, '2024-04-04 00:48', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/', 'A lot of etfs on Wealthsimple have “Btc” listed with the name but when you go to underlying ETF, such as IVV, it has nothing to do with Bitcoin and instead tracks the S&P 500?', 'https://i.redd.it/wa9si9tkfcsc1.jpeg', '1bv6w25', [['u/rmcintyrm', 16, '2024-04-04 01:50', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/kxxpyz9/', "I've wondered this too OP and it's basically not Google-able with the prevalence of Bitcoin. Chat GPT seems to have figured it out though!\n\nhttps://preview.redd.it/erg580aqqcsc1.png?width=863&format=pjpg&auto=webp&s=904391c8cda31e9a3f7d5242723f7b363ee24c07", '1bv6w25']]], ['u/Kingcoreythefirst', 'Halving complete. Enter Accumulation Period', 31, '2024-04-04 01:15', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', 'The next few months you should be doing nothing other than acquiring as many BCH & BTC as possible . This period will be followed by a parabolic run 🚀 peaking in 2025.', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', '1bv7jz6', [['u/Kingcoreythefirst', 10, '2024-04-04 01:19', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkudg/', 'I’ve been doing the same thing since 2013 it’s a rinse and repeat cycle every 4 years 2012-2013 , 2016-2017 2020-2021 … 2024-2025 .The charts never lie. Following the halving you have a sideways period for a few months before supply shock kicks in and media frenzy and you get the parabolic run.', '1bv7jz6'], ['u/Kingcoreythefirst', 10, '2024-04-04 01:20', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkzwe/', 'It’s more of a sideways movement could be slight increase or decrease. But nothing major . And then BOOM you’re on mars', '1bv7jz6']]], ['u/Holster72', 'The government is paying for my Bitcoin', 303, '2024-04-04 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/', 'First VA checks started rolling. Appreciate it Uncle Sam!\n\nI know I shorted myself, I’ll make it up next time.\n\nAlso, check picture is edited, then screen shot and colored on again, so no scamming me.', 'https://www.reddit.com/gallery/1bv8ug8', '1bv8ug8', [['u/SmoothGoing', 19, '2024-04-04 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwfxo/', 'Gov does not have its own money, so..', '1bv8ug8'], ['u/FatterWildcatter', 29, '2024-04-04 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwwa5/', 'Thank you for your service.', '1bv8ug8'], ['u/Holster72', 14, '2024-04-04 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxx4ee/', 'Well they are going to steal from us and print more anyway, so I might as well steal it back. Even though it’s not stealing, just getting back what they owe me. Contracts go both ways, I did my part, time for them to do theirs.', '1bv8ug8'], ['u/danielllegover', 10, '2024-04-04 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxxmjw/', 'I think you should blur out your account and routing number as well', '1bv8ug8'], ['u/1quickmr', 91, '2024-04-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxybiz/', 'Shitcoin for a Bitcoin', '1bv8ug8'], ['u/Holster72', 24, '2024-04-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxz27x/', 'Bars', '1bv8ug8']]], ['u/Grouchy_Phase_3875', 'How to access my brother’s portfolio?', 48, '2024-04-04 02:16', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/', "My brother recently passed away (unexpected) and he had about 15 million dollars in stocks, ETF, bitcoin. He had a vanguard account in which he used it to invest. The thing is, he didn’t have a will before he passed away and he didn't have any significant others. My parents could use that money to pay for his funeral, pay for my sisters college and maybe early retirement. I’m not into investing, so any advice would help.\n\nThank you.", 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/', '1bv90ki', [['u/gnusm', 233, '2024-04-04 02:21', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxuswm/', 'You should contact a probate lawyer.', '1bv90ki'], ['u/DarthSagacious', 155, '2024-04-04 02:27', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxvrmq/', 'You say he has no will, but he may have named beneficiaries to his account at Vanguard. That would make it easier and you could start the process with a death certificate. If not, you’ll have to go through the legal processes to work out who has access to the funds.', '1bv90ki'], ['u/McKnuckle_Brewery', 67, '2024-04-04 02:27', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxvw2h/', 'His accounts at Vanguard may have beneficiaries directly assigned. If so, that takes precedence over a will. Notify Vanguard and have the death certificate in hand.\n\nIf there is no beneficiary and no will, hire a lawyer and get ready to endure the probate process.', '1bv90ki'], ['u/YOUR_TRIGGER', 26, '2024-04-04 02:36', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxx8ne/', "you really gotta get a lawyer. beneficiaries may not have been assigned. if you're directly related a lawyer can probably navigate this, especially if the deceased parents are still alive.", '1bv90ki'], ['u/Realistic-Minute5016', 112, '2024-04-04 02:50', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxxzk5c/', "If he didn't have his bitcoin in an exchange or write down his seed password somewhere it's basically gone forever.", '1bv90ki'], ['u/InitechSecurity', 10, '2024-04-04 02:55', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxy091j/', 'Sorry for your loss. Please also read this: [https://investor.vanguard.com/inheriting-accounts](https://investor.vanguard.com/inheriting-accounts)', '1bv90ki'], ['u/in_the_gloaming', 20, '2024-04-04 07:49', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxz2sia/', 'Oh man. That would suck.', '1bv90ki'], ['u/Valvador', 36, '2024-04-04 08:03', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxz41c5/', 'I wonder what % of all Bitcoin will be lost to the ether from lost wallets over time...', '1bv90ki'], ['u/clumzee92', 14, '2024-04-04 09:17', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzaiiv/', "I'm 1 of those guys. Tossed away mine with 4.7 bitcoin back in 2017....good times....", '1bv90ki'], ['u/maayven69', 68, '2024-04-04 11:01', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzizbn/', 'Elephant in the room but - is no one going to ask about how a 21 year old had 15 million dollars?', '1bv90ki'], ['u/campionesidd', 45, '2024-04-04 11:46', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/kxzmqv2/', 'Tempted to call BS on this post, but why would someone lie about such a thing.', '1bv90ki'], ['u/CivicIsMyCar', 37, '2024-04-04 14:26', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky043e0/', "and the latest update from the OP was that he was somehow able to get all of his brother's passwords on his laptop. Fuck out of here. A 21 year old with 15 million dollars and all his passwords can somehow be accessed.", '1bv90ki'], ['u/Kolada', 12, '2024-04-04 14:40', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky05xva/', "Especially if his family doesn't have money.", '1bv90ki'], ['u/Scapergirl', 10, '2024-04-04 17:36', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky0yhhk/', 'He was in primary school when BTC was cheap', '1bv90ki'], ['u/Merax75', 11, '2024-04-04 17:57', 'https://www.reddit.com/r/investing/comments/1bv90ki/how_to_access_my_brothers_portfolio/ky12dal/', 'The bit that got me is where he said the laptop also contained his security question answers. There is no 21 year old on the planet who will have a file calle "security question answers" lol', '1bv90ki']]], ['u/yoletstalkcrypto', "I'm further trying to uncover the value of RGB++ to help other in simple terms", 51, '2024-04-04 03:01', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/', '1. Examples of RGB++ Assets: \n\n\n* Let’s say you have 1 BTC (Bitcoin) in your wallet. You can “lock” it on Bitcoin’s chain and create a corresponding shadow coin on Nervos CKB. This shadow coin represents your BTC.\n* Now, you can use this shadow BTC on Nervos CKB for various purposes:\n * Trade it for other assets.\n * Use it in decentralized applications (DApps) or smart contracts.\n * Enjoy faster and cheaper transactions.\n* When you’re done, you can “unlock” your BTC back on Bitcoin’s chain, and the shadow coin disappears.\n\nIn summary, RGB++ is like a secret passage that lets you move your assets between Bitcoin and Nervos CKB without any hassle. It’s crypto magic! \n\n', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/', '1bva18a', [['u/B1GCloud', 13, '2024-04-04 03:28', 'https://www.reddit.com/r/NervosNetwork/comments/1bva18a/im_further_trying_to_uncover_the_value_of_rgb_to/kxy5g8p/', 'Interoperability with the OG blockchain. Exciting times on CKB', '1bva18a']]], ['u/Brazzyxo2', 'BCH up more than BTC', 55, '2024-04-04 04:36', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/', 'Bitcoin Cash (BCH) up over 380% in a year\n\nBitcoin (BTC) up over 135% in a year\n\nBitcoin cash just completed halving and was up over 400% YTD when it sat at $700 per coin the other day.\n\nWe are early and I’m not selling! Also I’m not buying Bitcoin I’m buying Bitcoin cash!!!', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/', '1bvc2uv', [['u/SoulMechanic', 29, '2024-04-04 06:16', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxyswaz/', 'People in poor countries can use BCH. Word must be getting out.', '1bvc2uv'], ['u/BCHisFuture', 16, '2024-04-04 06:37', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxyv9mk/', 'Just the beginning...', '1bvc2uv'], ['u/pyalot', 11, '2024-04-04 07:22', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxz03l3/', 'Because more sellsthan buys.', '1bvc2uv'], ['u/Brazzyxo2', 11, '2024-04-04 07:43', 'https://www.reddit.com/r/Bitcoincash/comments/1bvc2uv/bch_up_more_than_btc/kxz24qw/', 'Name checks out', '1bvc2uv']]], ['u/Fe_ldip', 'How do you intend to access the value of your Bitcoin in the future?', 20, '2024-04-04 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/', 'Stacking sats is all well and good, but at some point I’m guessing everyone has a strategy to access the potential capital/wealth/value they’ll have accrued over the years. What’s yours?\n\nAs far as I can tell, there are only a few ways to do this:\n\n- Bitcoin backed loans with multisig collaborative custody, giving you access to Fiat without selling your Bitcoin. Comes with a security trade-off of course.\n\n- Sell a portion of your Bitcoin and cop the capital gains tax (depending on your jurisdiction).\n\n- Wait for Bitcoin to potentially become the global base currency and/or legal tender in your country, and use it as your everyday currency (assuming this won’t be subject to CGT at that point?)\n\n- Never intend to sell or access the value (unless an emergency) because you prefer the feeling of being “wealthy” / “financially stable”\n\n- Any other strategies I’m missing?\n\nWould love to hear your thoughts!', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/', '1bvc5oe', [['u/Alarming-Strain-9821', 14, '2024-04-04 05:41', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/kxyoksk/', 'Trade it in for a house is my goal', '1bvc5oe'], ['u/TheSmegger', 11, '2024-04-04 05:56', 'https://www.reddit.com/r/Bitcoin/comments/1bvc5oe/how_do_you_intend_to_access_the_value_of_your/kxyqigl/', "I mined mine, many moons ago and then promptly forgot.\n\nI've taken profit every year, for the past four, to go on holidays. Really good holidays. \n\nWife veeery happy. Me too.\n\nWhat's interesting, and bloody awesome, is everytime I've 'cashed out' it's been less btc and more cash. \n\nI give less and get more. It's almost as if it's anti inflationary...\n\nIf this keeps up, and I see no reason why not, I'll never run out of btc, and that gives me the warm and fuzzies.\n\nIf your going to take anything away from this, Let it be a reminder to live your lives, people. We're here today and gone tomorrow.", '1bvc5oe']]], ['u/AvenueBlue', 'Is Bitcoin a hedge against market crashes?', 50, '2024-04-04 05:29', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/', "I've heard that Bitcoin is a hedge against inflation, but what about if the US stock market crashes? The US stock market has wide reaching global effects, and especially with all these firms buying up Bitcoin. If we see a stock market crash, how might that effect Bitcoin?", 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/', '1bvd5rc', [['u/AlternativeGazelle', 58, '2024-04-04 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyo1e8/', 'No. Look at March 2022.', '1bvd5rc'], ['u/ResponsibilitySea327', 39, '2024-04-04 05:38', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyo5ug/', 'You were lied to. We are still below where we were in 2021 adjusting for inflation. And as a risk-on asset, BTC falls with the US stock market -- actually much harder.\n\nIt may be different in the distant future, but for now and historically, BTC is 1) not a hedge for inflation and 2) not a hedge against market crashes.', '1bvd5rc'], ['u/User673412', 42, '2024-04-04 05:54', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyq760/', 'Not yet. It would likely need to 10x before it truly becomes the “safe haven” asset it’s meant to be.', '1bvd5rc'], ['u/Lunz92', 10, '2024-04-04 06:15', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyss5i/', "I don't think there's ever been a 4 year period where btc has not massively outpaced inflation", '1bvd5rc'], ['u/OttoBetz', 14, '2024-04-04 07:01', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyxxg8/', 'I disagree on the inflation part. In the long run it definitely is a hedge for inflation. Look at any aggregate returns charts for the past 10 years. \n10 years mean annual returns is 156%\n5 years mean annual returns is 104% \nYes it is a hedge against inflation in the long term.', '1bvd5rc'], ['u/aimoony', 11, '2024-04-04 07:13', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxyz813/', "Gold also doesn't always respond to CPI but that doesn't mean it's not a hedge", '1bvd5rc'], ['u/sambstone13', 11, '2024-04-04 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz39kh/', 'Market goes down, bitcoin goes down much harder.\n\nMarket goes up, bitcoin goes up much harder.', '1bvd5rc'], ['u/Lulz4Lolz', 11, '2024-04-04 08:17', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz5dke/', 'It is a hedge against bank crashes though. Look at March 2023.', '1bvd5rc'], ['u/Tandittor', 12, '2024-04-04 08:47', 'https://www.reddit.com/r/Bitcoin/comments/1bvd5rc/is_bitcoin_a_hedge_against_market_crashes/kxz7zwl/', 'It sold off during the 2023 banking crisis and only started rallying when the Fed established the BTFP during that weekend.', '1bvd5rc']]], ['u/greyenlightenment', 'If you bought Bitcoin 3 years ago to this day, you made $0.', 384, '2024-04-04 05:44', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/', 'Yes, despite endless hype about getting rich and a new economic paradigm, you made $0 from April 4th 2021 to today. Including inflation, you are down 15%. \n\nThis lags everything: gold, stocks, treasury bills, even compounded interest in a savings account.', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/', '1bvdgg0', [['u/henrik_se', 161, '2024-04-04 06:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyr78q/', '...assuming you could actually withdraw the money without the exchange doing a rugpull, without getting hacked, and without any weird fees you would get charge along the way.', '1bvdgg0'], ['u/i-can-sleep-for-days', 132, '2024-04-04 06:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyr7j2/', 'Zoom out. /s\n\nStill early. /s\n\n4\n\nW', '1bvdgg0'], ['u/almill66', 18, '2024-04-04 06:06', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyrmch/', "Hmm actually no because i bought at 20.069 and sold at 69.420 and then bought again when it sold off. Money glitch basically you fiat slaves don't get it.", '1bvdgg0'], ['u/Chad_Broski_2', 137, '2024-04-04 06:19', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyt90r/', 'Even if you bought Bitcoin 13 years ago to this day, you also probably made $0 after either losing your keys, getting hacked, or an exchange scamming you', '1bvdgg0'], ['u/dyzo-blue', 34, '2024-04-04 06:24', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxytrxh/', "When the value of Bitcoin does extreme fluctuations in value from day-to-day, ya'll claim that means it can't function as a currency.\n\nBut then, when you pull out the noise and see it's been perfectly flat for 3 years... Ya'll still complain!\n\nIt's like there is no pleasing you no-coiners.", '1bvdgg0'], ['u/TheManWhoClicks', 35, '2024-04-04 06:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyubfp/', 'When you sell bitcoin to get fiat… doesn’t that make you a fiat slave as well? Genuine question.', '1bvdgg0'], ['u/steampowerednips', 30, '2024-04-04 06:30', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyuip1/', "Thus proving it's not good for either, store of wealth OR as a currency", '1bvdgg0'], ['u/Chad_Broski_2', 65, '2024-04-04 06:34', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyuzx1/', "User error is the problem with Bitcoin. If your life savings can be gone in a click of a button, you've built a shit system. If the only way one person gets rich is by someone else clicking that button and losing everything, it's not only a shit system, but a parasitic one too", '1bvdgg0'], ['u/ThisCharmingDan99', 16, '2024-04-04 06:36', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyv7zm/', '$hitcoin', '1bvdgg0'], ['u/soundwave_sc', 13, '2024-04-04 06:38', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyvg8h/', "Its like a whole city going about its business during a 6.0 magnitude earthquake. Everything's fine. Few.", '1bvdgg0'], ['u/Sickashell782', 14, '2024-04-04 06:43', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyvzre/', 'Nahhhhhh. User error neeeever happens with bitcoin 😂 😂', '1bvdgg0'], ['u/untropicalized', 57, '2024-04-04 06:45', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyw6bw/', '1 BTC= 1 BTC!', '1bvdgg0'], ['u/almill66', 11, '2024-04-04 06:49', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxywnwh/', 'No because right away i acquire more BTC because 1 BTC = 1 BTC , i never cash out to shity fiat ( because i cant tho )', '1bvdgg0'], ['u/plasma-dragon-DA', 19, '2024-04-04 06:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxywxir/', "And yet they don't because it makes no sense to actually do that, and you have legal recourse if they do. But do people lose all of their shitty spreadsheet entries on a blockchain from a misclick or bit of malware? All the damn time. And once it's gone, it's gone, because blockchains aren't fit for purpose.\n\n\nMaybe stop committing the fallacy where any alternative to your percieved problem is better by default.", '1bvdgg0'], ['u/YouMayCallMePoopsie', 37, '2024-04-04 06:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyx0on/', 'Any system that is intended to be operated by humans and has catastrophic consequences for the smallest of user errors is an embarrassingly stupid system.', '1bvdgg0'], ['u/plasma-dragon-DA', 10, '2024-04-04 07:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxyy0i2/', "Yes, that very common problem that definitely happens and can't possibly happen to crypto oh hey how did this article get here?\n\n\nhttps://www.bloomberg.com/news/articles/2024-04-02/silk-road-linked-us-digital-wallet-moves-bitcoin-analysts-say", '1bvdgg0'], ['u/Vlad_Dracul89', 31, '2024-04-04 07:25', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz0ece/', 'Every cryptobro ever in every situation: "This is good for bitcoin."', '1bvdgg0'], ['u/greelingdindows', 26, '2024-04-04 07:38', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz1oyb/', 'Thank you for the fresh pasta', '1bvdgg0'], ['u/Legendventure', 13, '2024-04-04 07:40', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz1vep/', '> Bitcoin probably requires an IQ above 85\n\nYou forgot the "-" because only braindead retards use bitcoin. Sorry, I think being retarded is a sad problem and yet a step up in mental faculties compared to people who advocate for bitcoin being anything but a ponzi scheme.', '1bvdgg0'], ['u/Neurismus', 60, '2024-04-04 08:04', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz463e/', 'This is still adoption phase. Just you wait another 10 years.', '1bvdgg0'], ['u/stonksgoburr', 23, '2024-04-04 08:06', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz4cai/', "But if you bought insert asset way back on insert year asset low and sold on insert day asset high you'd be happy you had it. That's why I think insert asset is good and you should respect it and buy it. You should also respect insert insane libertarian CEO that can't help himself on social media because of all his work to promote insert asset. Plus they were on Joe Rogan, very cool.", '1bvdgg0'], ['u/customtoggle', 12, '2024-04-04 08:14', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz51e3/', 'Few understand', '1bvdgg0'], ['u/BoyMeetsTurd', 10, '2024-04-04 08:35', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz6zib/', 'Pretty sure they are joking.', '1bvdgg0'], ['u/miletest', 10, '2024-04-04 08:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz8gij/', 'I have no Bitcoin. If I had bought Bitcoin when it was a dollar. As soon as it hit 10 dollars. I would be where I am now. Without Bitcoin . bitcoinless', '1bvdgg0'], ['u/Mecha_Magpie', 18, '2024-04-04 09:07', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9qx0/', 'Drifting out on black ice is also pretty much your fault. Would you buy a car without ABS?', '1bvdgg0'], ['u/ferret1983', 14, '2024-04-04 09:08', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9tq0/', "Last week in Swedish public radio there was a crypto expert talking warmly about Bitcoin due to the recent price hike. He said it was a shame that the Swedish financial authorities are still skeptical towards crypto.\n\nThese crypto fanatics nestle themselves everywhere. Trying to sell the get rich quick dream (but remember: it's about the technology). Swedish public radio should be ashamed.", '1bvdgg0'], ['u/palatable_penis', 96, '2024-04-04 09:10', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxz9zaw/', "> line went up for me \n> I haven't personally been fucked up the ass (yet) \n> Do your own research \n> Few understand", '1bvdgg0'], ['u/Scot-Marc1978', 41, '2024-04-04 09:27', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzbdxl/', 'Enjoy spending your 100 bucks', '1bvdgg0'], ['u/Scot-Marc1978', 10, '2024-04-04 09:29', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzbkh3/', 'Great selling point for the future of finance', '1bvdgg0'], ['u/BannedNeutrophil', 18, '2024-04-04 09:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzdhw6/', "Yeah, let's look at this from the point of safety - a system that requires the human user to never, ever make a mistake has already failed, because given enough time, every single person will eventually make a mistake.", '1bvdgg0'], ['u/mukansamonkey', 17, '2024-04-04 10:01', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxze5i3/', 'Ah, but you see, I\'m much smarter than any cryptobro. I found an exchange that pretty much guarantees my keys will never be lost, has never been hacked, has never scammed me, and has amazingly low gas fees while providing near-instantaneous transactions! You might have heard of it...\n\nIt\'s called a bank.\n\nThis is how I know crypto bros, and pretty much everyone who follows any sort of libertarianism, are morons. Because they keep coming up with "replacements" for existing systems that are complete crap compared to those systems. Due to not having the mental capacity to figure out why the existing systems exist in the first place.\n\nThey\'re incapable of grasping the fact that them learning about a thing for the first time doesn\'t mean many other people haven\'t already had the same thought many years earlier.', '1bvdgg0'], ['u/friendlyfredditor', 36, '2024-04-04 10:10', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzeupa/', "Well you made money. No one is denying the existence of bitcoin millionaires. They're a vital part of the greater fool theory, bag holding, line goes up, rug pulling. The people removing money from the equation are just as important as the suckers putting it in to the zero sum game.\n\nThe problem is just that it's pretty late in the game so everyone getting in is just bag holding for the people getting out with ever decreasing odds of realising a profit.", '1bvdgg0'], ['u/GalaxyBoi101', 10, '2024-04-04 10:22', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzftcu/', 'Scary thing knowing that your digital money can be taken away in less than a minute by 1 transfer and you would never ever know who it was, plus exchanges also are pretty much scum', '1bvdgg0'], ['u/Ichabodblack', 10, '2024-04-04 10:27', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzg9nh/', 'Which bank and how much money did everyone lose?', '1bvdgg0'], ['u/Ichabodblack', 14, '2024-04-04 10:31', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzgk6l/', 'You on seed phrase:\n\n\n"I have mine in a fireproof bag, inside of a fireproof safe and i still feel like im vulnerable. Do yall make copies and keep them at external locations? What other solutions do you have?"', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 11, '2024-04-04 10:52', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzi7l6/', 'So no one lost anything as even if they did it would have been FSCS protected.', '1bvdgg0'], ['u/Ichabodblack', 11, '2024-04-04 11:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzj3na/', 'So noone lost anything then', '1bvdgg0'], ['u/juicerule', 10, '2024-04-04 11:16', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzk6xf/', 'What Lebanese folk ? do you think they all stop selling bread, supermarket close and factory just stop while people crying around?', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 12, '2024-04-04 11:29', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzl9bg/', 'They aren’t regulated like banks and any insinuation otherwise is dangerous nonsense.', '1bvdgg0'], ['u/Baxters_Keepy_Ups', 12, '2024-04-04 11:35', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzlsxf/', 'Repeat after me. It. Is. Not. A. Bank.\n\nIt has no FSCS protection.', '1bvdgg0'], ['u/nottobetakenesrsly', 11, '2024-04-04 11:53', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzncog/', '>To be fair, you have to have a very high IQ to understand Bitcoin. The utility is extremely subtle, and without a solid grasp of theoretical physics most of the features will go over a typical person\'\'s head. There\'s also the Austrian outlook, which is deftly woven into the protocol - the philosophy draws heavily from Mises literature, for instance. The fans understand this stuff; they have the intellectual capacity to truly appreciate the depths of these views, to realise that they\'re not just freeing- they say something deep about LIFE. As a consequence people who dislike Bitcoin truly ARE idiots- of course they wouldn\'t appreciate, for instance, the humour in Bitcoin\'s existential catchphrase "Have Fun Staying Poor," which itself is a cryptic reference to Rothbard\'s epic [The Ethics of Liberty](https://socialdemocracy21stcentury.blogspot.com/2016/03/the-insanity-of-rothbards-ethics-in.html?m=1). I\'m smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Satoshi\'s genius wit unfolds itself on their monitor screens. What fools.. how I pity them. 😂\n\n>And yes, by the way, i DO have a Bitcoin tattoo. And no, you cannot see it. It\'s for the ladies\' eyes only- and even then they have to demonstrate that they\'re within 5 IQ points of my own (preferably lower) beforehand. Nothin personnel kid 😎', '1bvdgg0'], ['u/warpedspockclone', 22, '2024-04-04 12:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzqhxr/', 'Anecdotes vs statistics. 95% of people die from this very aggressive form of cancer. "that\'s a lie! I survived!"', '1bvdgg0'], ['u/Luxating-Patella', 12, '2024-04-04 12:49', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzslnk/', '>Crypto.com has met all the standards of the FCA (uk) so I’m pretty confident with them.\n\nLike London Capital & Finance and Equitable Life.\n\nCrypto firms operating in the UK are required to register with the FCA in order to comply with anti money laundering legislation. It is not an endorsement by the FCA. If Coinbase rugpulls tomorrow, there is no FSCS protection.', '1bvdgg0'], ['u/FPL_Harry', 12, '2024-04-04 13:20', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzw2xl/', "I'm up 30000000%, I am simply waiting for Gerald Cotten to release my Quadriga funds.", '1bvdgg0'], ['u/FPL_Harry', 10, '2024-04-04 13:31', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/kxzx9m4/', '> That means that at least 97% of the people who have bought and held BTC are in profit\n\nNo it absolutely fucking does not.\n\nHow can you possibly think this? lol\n\nIt\'s negative-sum, anyone\'s gain is from another sucker\'s loss. \n\n\nAnd "unrealised profits" are not profits. They\'re just numbers on a screen, followed by a soon-to-come post on twitter and the coinbase subreddit crying about not being able to withdraw.', '1bvdgg0'], ['u/DiveCat', 27, '2024-04-04 14:02', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky00zig/', 'A lot of words to say nothing.\n\nIt took a DAY to get your “profits” from an alleged currency? Why? \n\nOh, great. Your singular anecdotal experience certainly means MTGOX, Celsius, FTX, people having issues with Coinbase, the MANY who are hacked, are all FUD. \n\nWhere the hell are you banking if you are paying fees on any “traditional transactions”? \n\nWhat fees DID you actually pay, weird or not? \n\nWhat is your actual profit (at the loss to others) because for all this “proof” you could be talking about 83 USD, which yes, exchanges have good reason to let small transactions like this proceed. How much have you still left in there or do you intend to rebuy because of all this “proof” you now have?', '1bvdgg0'], ['u/skittishspaceship', 10, '2024-04-04 14:07', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky01p2n/', "How do you know it isn't? There's no rhyme or reason to any of this", '1bvdgg0'], ['u/rohollo', 14, '2024-04-04 14:33', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky050yl/', "No it didn't. You're suggesting no one was really using the internet until 2015, which is utter nonsense.", '1bvdgg0'], ['u/SkedaddlingSkeletton', 36, '2024-04-04 14:42', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky068lq/', "> How did the Internet look after 3 years.\n\nUseful. It looked and was useful.\n\nBTC? Can't pay for a beer with Satoshis.", '1bvdgg0'], ['u/SOdhner', 23, '2024-04-04 14:55', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky082zm/', "Cool what's the transaction ID?", '1bvdgg0'], ['u/CockroachSeparate827', 10, '2024-04-04 14:57', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky08d2n/', "I think they have a different birth year for the internet than you do\n\n\n\xa0ARPANET (1969)\n\n\n\xa0America Online (1991)\n\n\nI would say the internet took off VERY FAST somewhere between 1989 and 2000, but wouldn't like to point out when.\n\n\nHowever, all the underlying tech of the internet was, unlike Block chain,\n\n\nDesigned to be efficient.\xa0\n\n\nDesigned to improve.\n\n\nUseful for specific real purposes\n\n\nExpandable and buildable.", '1bvdgg0'], ['u/CluelessSurvivor', 14, '2024-04-04 15:51', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0ghox/', 'RemindMe! 10 years', '1bvdgg0'], ['u/mayredmoon', 14, '2024-04-04 16:12', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0k26q/', 'Outside USA, most country, including third world country have a great system where you can transfer money to any bank (in the same country of course) at any day and any time with almost no cost\n\nMaybe crypto is amazing in USA, but not in other country.', '1bvdgg0'], ['u/ExetheEspeon', 14, '2024-04-04 16:17', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0kxbr/', "It's been 15 fucking years?!? Fifteen years and what can bitcoin do? Make nerds sound smarter than they are to idiots? Holy fuck. I thought bitcoin was a scam in 2015, but if even after 15 fucking years bitcoin hasn't become the standard, anyone telling you it will is coping out their ass", '1bvdgg0'], ['u/BedCEO', 11, '2024-04-04 17:42', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky0zocm/', "If you bought treasury bills, which are considered the most safe assets by tradicional finance, 5 years ago... Guess what... You'd be losing lots\n\nDont pick specific times, as there is no perfect asset.\n\nBtc is a good hedge against fiat economies", '1bvdgg0'], ['u/GoldSurfer100', 18, '2024-04-04 19:28', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky1j003/', 'While I often read valid criticism in this sub some posts like these are just brain dead. What is the point of this "argument"? Yeah, Bitcoin does not only rise in value, sometimes it drops, so? If you invested in the Dow Jones in 1999 then in 2011 you would have made 0$ as well. Literally scam.', '1bvdgg0'], ['u/Esta_noche', 10, '2024-04-04 21:40', 'https://www.reddit.com/r/Buttcoin/comments/1bvdgg0/if_you_bought_bitcoin_3_years_ago_to_this_day_you/ky27r4g/', "It's not zero sum. It's negative sum because miners have bills to pay\n\nSource: made lots of free money hobby mining. Thanks all for your tribute", '1bvdgg0']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, April 04, 2024', 33, '2024-04-04 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/', '1bvdr3a', [['u/Normal-Jelly607', 10, '2024-04-04 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxyxsd9/', 'What’s the excuse today?', '1bvdr3a'], ['u/Yodel_And_Hodl_Mode', 13, '2024-04-04 07:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxyyopq/', 'My dog ate it.', '1bvdr3a'], ['u/hajjidamus', 10, '2024-04-04 08:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxz477n/', 'The sun was in my eyes', '1bvdr3a'], ['u/grydit', 24, '2024-04-04 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxz7780/', 'The fact that we didn’t drop 30% still amazes me. We’ve shot up and hit a new ATH prior to the halving, retraced, and haven’t got anywhere near a 30% drop? What have you become bitcoin?', '1bvdr3a'], ['u/GRYMandFROSTBITTEN', 11, '2024-04-04 10:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzecfy/', 'Microstrategy is setting up a bullflag breakout for next weekish. Keep accumulating.', '1bvdr3a'], ['u/simmol', 15, '2024-04-04 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzgzix/', 'You do realize that blackrock is at the mercy of their customers, right?', '1bvdr3a'], ['u/52576078', 13, '2024-04-04 11:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzkonm/', "Been over 60k for 5 weeks straight now, apart from some wicks. That's starting to look like solid base.", '1bvdr3a'], ['u/btc-_-', 13, '2024-04-04 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzmxqk/', 'i’ve seen many people mention that here too. that even though GBTC stocks have nearly halved, bitcoin has gone up ~250% in the last 8 months and 425% since the Nov 2022 lows. so even with those GBTC outflows and a fee reduction from 2% to 1.5%, they’re still making more in fees now than they would’ve averaged the last few years. they’re in the fee business, not the stacking sats business', '1bvdr3a'], ['u/dopeboyrico', 16, '2024-04-04 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzn2a5/', '[AUM held in new spot ETF’s is now at $33.5577 billion through day 57 or ~509.23k BTC.](https://x.com/bitmexresearch/status/1775818292906635384?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $15.2273 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $588.73 million with average inflows of $481.06 million or ~8.93k BTC. Yesterday average daily AUM was at $636.26 million with average inflows of $492.91 million or ~9.17k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 22.4% For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.224.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $33.5577 billion is 0.197% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 289 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 77.7% of that amount of BTC over the span of 57 trading days.', '1bvdr3a'], ['u/dopeboyrico', 17, '2024-04-04 12:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1bvdr3a/daily_discussion_thursday_april_04_2024/kxzqlvc/', 'Range we’re stuck in is shrinking.\n\nTop of the range was ATH at $73.7k followed by a drop to $60.8k, a decline of 17.5%.\n\nAfter hitting the local low of $60.8k, price hit a lower high of $71.7k. From there, we’ve reached a higher low... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Bitcoin has rocketed over the past six months, more than doubling to $68,004 as of Thursday.\nInvestors’ interest in the primary digital currency has exploded with January’s introduction of bitcoin exchange-traded funds, or ETFs, particularly the ones offered by BlackRock and Fidelity Investments.\xa0(To be sure, bitcoin is also off 8% from its record set in mid-March.)\nIn addition, bitcoin is approaching its 21-million-coin supply cap. About 19.7 million bitcoins are currently in circulation.\nRelated: Bitcoin halving for beginners: How the process works, impacts price of BTC\nThe currency is now approaching a“halving” date. That’s when the reward for bitcoin miners gets cut in half.\xa0Mining refers to people who successfully use their computers to participate in bitcoin's blockchain network as transaction processors and validators. They’re creating new blocks on the blockchain and receive rewards for their efforts.\nThe reward for a successful mining expedition drops 50% every four years (halving). This month, it will be lowered to 3.125 bitcoin from 6.25 bitcoin. That means less incentive for miners to create supply, putting upward pressure on the currency.\nPerhaps the strongest factor behind bitcoin’s recent jump is speculative fervor. Bitcoin is used for very little legitimate commerce.\nIt’s essentially a vehicle for speculation that investors can use to bet whether bitcoin’s value will go up or down. No fundamentals dictate its price.\nNote that during bitcoin’s six-month run, dogecoin, established as a joke, has tripled. Dogecoin’s logo is a dog.\nBloomberg/Getty Images\nWhatever the reason for the strength of bitcoin and other digital currencies, it’s all good for Coinbase Global(COIN), the country’s biggest cryptocurrency exchange.\nIts revenue registered $905 million in the fourth quarter, up 50% from a year earlier. Net income registered $273 million, swinging from a loss of $557 million.\nSo it’s no surprise that Coinbase stock has more than tripled in the past six months – to $251 on Thursday. Its share price is almost exactly at its April 2021 IPO price of $250.\nRelated: Cathie Wood snags $53 million of this scorched tech stock\nThe company is spreading its wings, receiving a registration license in Canada this month, which means it can operate there.\nHowever, not everything is rosy in the U.S., where Coinbase has scuffled with the Securities and Exchange Commission.\nIn the latest tussle, a federal judge ruled last month that an SEC lawsuit against the company can proceed.\nThat complaint accusesthe company of facilitating trades of at least 13 cryptocurrencies that should have been registered as securities. The SEC also charges Coinbase with illegally operating as a national securities exchange without registering with the SEC.\nThe company is doing well enough that at least two Wall Street houses have raised their price targets on the stock.\nMore Wall Street Analysts:\n• Analyst unveils Nvidia stock price 'line in the sand'\n• Analyst revamps homebuilder stock price target before Fed rate call\n• Analysts revamp Nvidia price targets as Blackwell tightens AI market grip\nOppenheimer analysts now see Coinbase reaching $276 in the next 12 to 18 months, up sharply from $200 previously. They maintain their outperform rating. The $276 target indicates a 10% upside from current levels.\nThe analysts estimated the company’s trading volume doubled in the first quarter from a year earlier.\nAs for the stock, “at this level of trading, we are cautious about near-term volatility, but remain positive on the long-term adoption of blockchain technology,” they said. “We believe Coinbase can be one of the beneficiaries for this long-term trend.”\nThey also don’t believe the legal battle with the SEC is going away. The regulator has “well-pleaded allegations which plausibly support the claim that Coinbase operated as an unregistered intermediary of securities,” the analysts said.\n“We currently believe that this case will be a long legal battle and will likely go to the Supreme Court to get the final decision.”\nRelated: Analyst revamps MicroStrategy stock price target after Bitcoin buy\nMeanwhile, Keefe, Bruyette & Woods raised Coinbase’s price target to $230 from $160, confirming its market-perform\xa0— effectively neutral\xa0—\xa0rating. The Stifel & Co. subsidiary lifted its earnings estimates, reflecting first-quarter volume, The Fly reports.\nCathie Wood, one of America's most popular money managers, has been selling shares of Coinbase in recent weeks, perhaps taking profits. It's still the second biggest holding in her flagship Ark Innovation ETF(ARKK).\nFor years, she has been an evangelist for cryptocurrencies.\nAnother big bitcoin supporter,\xa0MicroStrategy and its executive chairman, Michael\xa0Saylor, have gone gigantic into the crypto.\xa0In mid-March, the software intelligence company bought 9,245 bitcoin for $623 million.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm ofOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forApril 4, 2024.\nOKX Ventures Announces Pre-Seed Round Investment in Cellula, a Fully On-Chain AI Game\nOKX Ventures today announced its participation in the pre-seed investment round forCellula, a fully on-chain AI game that offers users the ability to create, compose and evolve their digital life. Its unique Virtual Proof of Work (vPOW) asset distribution method provides an innovative incentive layer for games within the Cellula ecosystem.\nCellula is an innovative platform that represents the first autonomous world based on Conway\'s Game of Life. Users can create "Bitlife," a unique digital life, from "Bitcell" digital cells on the "Crafting table." Each combination is one-of-a-kind and evolves on-chain, offering unlimited possibilities for the GameFi ecosystem.\nIn a pioneering move, Cellula mimics theBitcoinmining rules, allowing each Bitlife to have its own hashrate and generate incentives through mining. A programmable incentive mechanism enables Bitlife to automatically execute tasks on multiple chains and evolve into an on-chain AI agent.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Cellula, an innovative artificial life game that combines blockchain technology, game theory and artificial intelligence. Cellula provides players with a unique, dynamically evolving ecosystem that blends gameplay with scientific research. The project not only attracts gamers but also a wide range of researchers, computer scientists, engineers, artists and educators. It serves as a collaborative platform at the intersection of multiple disciplines, and serves to inspire more research on artificial life, evolution and biodiversity - while making these complex scientific concepts accessible and relatable through gamification."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-announces-pre-seed-round-investment-in-cellula-a-fully-on-chain-ai-game-302109015.html\nSOURCE OKX Ventures', 'Bitcoin (BTC)experienced a 6% gain on April 4, surging from the $65,000 level to as high as $69,000, as traders anticipated impending short liquidations. BTC reached a high of $69,328, which saw bullish buyers addressing a chart "inefficiency" following recent downward movement. Currently, Bitcoin has retraced slightly to $67,600, clocking in a 3% gain in the past 24 hours.\nTradersnotedthat the rally was driven by spot market buying rather than derivatives. The spot market displayed strong bid and spot premiums, indicating solid demand. Skew, a prominent trader, emphasized that the momentum needed to persist for more than just a few hours to bring about lasting change.\nAs prices rose, those shorting BTC could potentially face difficulties. A $32.7 million liquidity wall was taken out as BTC crossed the $68,620 mark,accordingto Coinglass data. Despite the resurgence, Bitcoin still faced significant resistance at the $69,000 level, which served as the previous all-time high in late 2021.\nThe surge in Bitcoin prices came as the Federal Reserve Chair, Jerome Powell, said that interest rate cuts would come before the end of 2024. The US jobless claims also came in higher than expected, which could prompt the Fed to cut rates. This dovish tone favors risk assets like Bitcoin and cryptocurrencies.', 'Bitcoin (BTC)experienced a 6% gain on April 4, surging from the $65,000 level to as high as $69,000, as traders anticipated impending short liquidations. BTC reached a high of $69,328, which saw bullish buyers addressing a chart "inefficiency" following recent downward movement. Currently, Bitcoin has retraced slightly to $67,600, clocking in a 3% gain in the past 24 hours.\nTradersnotedthat the rally was driven by spot market buying rather than derivatives. The spot market displayed strong bid and spot premiums, indicating solid demand. Skew, a prominent trader, emphasized that the momentum needed to persist for more than just a few hours to bring about lasting change.\nAs prices rose, those shorting BTC could potentially face difficulties. A $32.7 million liquidity wall was taken out as BTC crossed the $68,620 mark,accordingto Coinglass data. Despite the resurgence, Bitcoin still faced significant resistance at the $69,000 level, which served as the previous all-time high in late 2021.\nThe surge in Bitcoin prices came as the Federal Reserve Chair, Jerome Powell, said that interest rate cuts would come before the end of 2024. The US jobless claims also came in higher than expected, which could prompt the Fed to cut rates. This dovish tone favors risk assets like Bitcoin and cryptocurrencies.', '• In March, derivatives trading volumes surged by 86.5% to a record high of $6.18 trillion.\n• The share of crypto derivatives in total market activity slipped to 67.8% in March, the sixth consecutive monthly decline, according to CCData.\nCrypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData.\nTrading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three times of the total market capitalization of all cryptocurrencies.\nStill, the market dominance of derivatives slipped to 67.8%, the lowest since December 2022 as traders flocked to the spot market, where cryptocurrencies are exchanged for immediate delivery.\nSpot trading volume jumped 108% to $2.94 trillion, the highest monthly volume since May 2021. The combined spot and derivatives trading volume increased 92.9% to a record $9.12 trillion.\n"The spike in spot trading activity on centralized exchanges coincides with the growing excitement around Bitcoin reaching new all-time highs and the initial signs of returning retail participants in the market," CCData\'s monthly report said.\nDerivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives\' share of the total market activity might be a good news for crypto bulls anticipating a continued price rally.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose 16.6% in March, setting new record highs above $73,000,CoinDesk data show. Prices rose over 68% in the first quarter. TheCoinDesk 20 Index, a broader market gauge, jumped over 50% in the first three months.', '• The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout.\n• Ethena\'s USDe is supposed to maintain a $1 peg at all times. Since its release, over $2 billion in USDe has been issued, with demand continuing to grow.\nEthena Labs will start purchasing and shorting bitcoin {{BTC}} as part of a cash-and-carry trade in a move that developerssay will create a “safer” USDesynthetic dollar product for users.\nThe controversial platform is currently generating an annual yield of 37% (a seven-day rolling average that can change) by shorting ether {{ETH}} futures and pocketing funding rates since its January rollout.\nFunding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.\nWhile such a strategy has attracted detractors, demand has continued to grow — as over $2 billion in USDe, its synthetic dollar, has been issued since its release. USDe is supposed to maintain a $1 peg at all times, mimicking a stablecoin but with a different backing mechanism.\nDevelopers say adding bitcoin to the mix will boost user yields while helping USDe issuance grow further.\n“After the unprecedented growth or USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today,” Ethena developers said in an X post. “With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x.”\n“BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users,” they added.\nOn Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield.\nIt uses a futures mechanism similar to a “cash and carry" trade, in which a trader takes a long position in an asset while concurrently selling the underlying derivative. Such a trade, in theory, is directionally neutral and earns money from funding payouts instead of the underlying asset’s price movement.\nHere\'s how it works: First, someone mints USDe with some amount of money, say $10 million tether (USDT). Ethena then exchanges this USDT for BTC. However, because bitcoin’s value can swing wildly, there is a further step to stabilize the value of USDe.\nEthena then shorts or bets again on $10 million worth of BTC perpetual futures contracts. If BTC\'s price drops by 20%, for example, the losses from holding BTC are balanced out by the gains from the short position in BTC perps, keeping the overall value stable.\nThis combination of holding BTC while also shorting it effectively creates USDe. Plus, by shorting BTC, they earn a funding yield that is paid out to users.\nEthena’s ENA tokens are down 8% in the past 24 hours,data shows, alongside aslight market selloff.', '• The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout.\n• Ethena\'s USDe is supposed to maintain a $1 peg at all times. Since its release, over $2 billion in USDe has been issued, with demand continuing to grow.\nEthena Labs will start purchasing and shorting bitcoin {{BTC}} as part of a cash-and-carry trade in a move that developerssay will create a “safer” USDesynthetic dollar product for users.\nThe controversial platform is currently generating an annual yield of 37% (a seven-day rolling average that can change) by shorting ether {{ETH}} futures and pocketing funding rates since its January rollout.\nFunding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.\nWhile such a strategy has attracted detractors, demand has continued to grow — as over $2 billion in USDe, its synthetic dollar, has been issued since its release. USDe is supposed to maintain a $1 peg at all times, mimicking a stablecoin but with a different backing mechanism.\nDevelopers say adding bitcoin to the mix will boost user yields while helping USDe issuance grow further.\n“After the unprecedented growth or USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today,” Ethena developers said in an X post. “With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x.”\n“BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users,” they added.\nOn Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield.\nIt uses a futures mechanism similar to a “cash and carry" trade, in which a trader takes a long position in an asset while concurrently selling the underlying derivative. Such a trade, in theory, is directionally neutral and earns money from funding payouts instead of the underlying asset’s price movement.\nHere\'s how it works: First, someone mints USDe with some amount of money, say $10 million tether (USDT). Ethena then exchanges this USDT for BTC. However, because bitcoin’s value can swing wildly, there is a further step to stabilize the value of USDe.\nEthena then shorts or bets again on $10 million worth of BTC perpetual futures contracts. If BTC\'s price drops by 20%, for example, the losses from holding BTC are balanced out by the gains from the short position in BTC perps, keeping the overall value stable.\nThis combination of holding BTC while also shorting it effectively creates USDe. Plus, by shorting BTC, they earn a funding yield that is paid out to users.\nEthena’s ENA tokens are down 8% in the past 24 hours,data shows, alongside aslight market selloff.', 'TheBitcoincryptocurrency rose 11.4% in March 2024,according to data from S&P Global Market Intelligence. Many related stocks rodeBitcoin\'scoattails higher -- though the related market effects weren\'t always crystal-clear. Just another normal month in the crypto sector, right?\nFor example, crypto-trading marketplaceCoinbase Global(NASDAQ: COIN)saw share prices rise by 30.2% while leading Bitcoin ownerMicroStrategy(NASDAQ: MSTR)posted a 66.7% gain. And of course,Bitcoin-tracking exchange-traded funds (ETFs)stuck close to the underlying cryptocurrency\'s chart squiggles. TheiShares Bitcoin Trust ETF(NASDAQ: IBIT)andFidelity Wise Origin Bitcoin ETF(NYSEMKT: FBTC)both gained 14.2% last month.\nWhy did the Bitcoin-related stock returns differ from the cryptocurrency\'s 11% price increase? Well, each one of these alternative gateways to the crypto market comes with a set of unique qualities and challenges.\n• The ETFs didn\'t match Bitcoin\'s moves exactly, because they\'re measured in a different way. Cryptocurrency prices can change at any time of the day, night, weekend, or national holiday. ETFs operate strictly on Wall Street time, so the prices freeze when the stock market is inactive. Therefore, the day-to-day price changes don\'t always match up exactly -- but the charts will look extremely similar in the long run.\n• MicroStrategy is more than an empty vessel holding a fixed amount of Bitcoin. The company also runs a data analytics business while pulling every possible lever to acquire more Bitcoin over time. In March, the company raised $604 million in new debt, promptly investing the net proceeds to buy 9,245 Bitcoins. The constantly growing crypto collection amplifies Bitcoin\'s price moves, adding both financial risk and potential long-term gains to the underlying digital asset.\n• Coinbase\'s fortunes are tightly connected to crypto trades, but it\'s not all about Bitcoin prices. The company makes most of its money from trading fees and the bid/ask spread in the trades it manages for its customers. That\'s very different from the Bitcoin-owning methods of ETF managers and MicroStrategy\'s "maximalist" Bitcoin ownership. So it\'s no surprise to see Coinbase\'s price having a looser statistical correlation to Bitcoin than the other names on this list.\nThese diverse moves illustrate how indirect investment avenues can serve a broad spectrum of beginning Bitcoin investors. Investors looking to dip their first toe into the cryptocurrency market have a range of options beyond buying Bitcoin directly. Each option fits a different set of financial strategies and risk appetites.\nFor investors with years of experience trading traditional securities under their belts but keen on tapping into Bitcoin\'s growth, semi-traditional assets like the iShares Bitcoin Trust ETF offer a blend of familiarity and innovation. The spot-price Bitcoin ETFs provide a direct link to the cryptocurrency\'s price movements without the complexities of cryptocurrency ownership, such as digital wallet security or learning how to manage yet another trading system exchange. At the same time, ETFs are wrapped in a regulatory framework and trading procedure familiar to stock investors. It\'s an appealing choice for those seeking to dip their toes into crypto waters without straying too far from the regulatory safety and operational ease of traditional markets.\nOn a more adventurous note, companies like MicroStrategy and Coinbase present nuanced pathways to cryptocurrency market exposure. MicroStrategy, with its aggressive Bitcoin acquisition strategy, acts as a leveraged bet on the cryptocurrency\'s future, braiding its corporate fortunes with the ebbs and flows of Bitcoin\'s valuation. This approach not only amplifies the potential returns in a bullish crypto market but also exposes investors to a higher level of risk in extended crypto winters.\nConversely, Coinbase offers a gateway to the broader dynamics of the crypto trading world, capitalizing on the market\'s volatility through trading fees across a diverse range of cryptocurrencies. Its performance is a barometer for the crypto market\'s overall health and trading volume, providing investors with an opportunity to profit from the ecosystem\'s growth beyond the fortunes of any single digital currency.\nIn essence, these alternatives to direct Bitcoin investment offer a broader range of strategies for tackling the crypto market. Digital assets are still fairly new to Wall Street\'s culture, and the regulatory rulebook is a work in progress. As last month\'s diverging price moves showed, investors can choose alternative Bitcoin investment vehicles to suit their personal style, long-term expectations for the crypto market, and risk tolerance. The young cryptocurrency sector is growing up before your eyes and finding its place in the investing world.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nAnders Bylundhas positions in Bitcoin and Coinbase Global. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWhy Stocks in the Bitcoin Universe Skyrocketed in March 2024was originally published by The Motley Fool', 'TheBitcoincryptocurrency rose 11.4% in March 2024,according to data from S&P Global Market Intelligence. Many related stocks rodeBitcoin\'scoattails higher -- though the related market effects weren\'t always crystal-clear. Just another normal month in the crypto sector, right?\nFor example, crypto-trading marketplaceCoinbase Global(NASDAQ: COIN)saw share prices rise by 30.2% while leading Bitcoin ownerMicroStrategy(NASDAQ: MSTR)posted a 66.7% gain. And of course,Bitcoin-tracking exchange-traded funds (ETFs)stuck close to the underlying cryptocurrency\'s chart squiggles. TheiShares Bitcoin Trust ETF(NASDAQ: IBIT)andFidelity Wise Origin Bitcoin ETF(NYSEMKT: FBTC)both gained 14.2% last month.\nWhy did the Bitcoin-related stock returns differ from the cryptocurrency\'s 11% price increase? Well, each one of these alternative gateways to the crypto market comes with a set of unique qualities and challenges.\n• The ETFs didn\'t match Bitcoin\'s moves exactly, because they\'re measured in a different way. Cryptocurrency prices can change at any time of the day, night, weekend, or national holiday. ETFs operate strictly on Wall Street time, so the prices freeze when the stock market is inactive. Therefore, the day-to-day price changes don\'t always match up exactly -- but the charts will look extremely similar in the long run.\n• MicroStrategy is more than an empty vessel holding a fixed amount of Bitcoin. The company also runs a data analytics business while pulling every possible lever to acquire more Bitcoin over time. In March, the company raised $604 million in new debt, promptly investing the net proceeds to buy 9,245 Bitcoins. The constantly growing crypto collection amplifies Bitcoin\'s price moves, adding both financial risk and potential long-term gains to the underlying digital asset.\n• Coinbase\'s fortunes are tightly connected to crypto trades, but it\'s not all about Bitcoin prices. The company makes most of its money from trading fees and the bid/ask spread in the trades it manages for its customers. That\'s very different from the Bitcoin-owning methods of ETF managers and MicroStrategy\'s "maximalist" Bitcoin ownership. So it\'s no surprise to see Coinbase\'s price having a looser statistical correlation to Bitcoin than the other names on this list.\nThese diverse moves illustrate how indirect investment avenues can serve a broad spectrum of beginning Bitcoin investors. Investors looking to dip their first toe into the cryptocurrency market have a range of options beyond buying Bitcoin directly. Each option fits a different set of financial strategies and risk appetites.\nFor investors with years of experience trading traditional securities under their belts but keen on tapping into Bitcoin\'s growth, semi-traditional assets like the iShares Bitcoin Trust ETF offer a blend of familiarity and innovation. The spot-price Bitcoin ETFs provide a direct link to the cryptocurrency\'s price movements without the complexities of cryptocurrency ownership, such as digital wallet security or learning how to manage yet another trading system exchange. At the same time, ETFs are wrapped in a regulatory framework and trading procedure familiar to stock investors. It\'s an appealing choice for those seeking to dip their toes into crypto waters without straying too far from the regulatory safety and operational ease of traditional markets.\nOn a more adventurous note, companies like MicroStrategy and Coinbase present nuanced pathways to cryptocurrency market exposure. MicroStrategy, with its aggressive Bitcoin acquisition strategy, acts as a leveraged bet on the cryptocurrency\'s future, braiding its corporate fortunes with the ebbs and flows of Bitcoin\'s valuation. This approach not only amplifies the potential returns in a bullish crypto market but also exposes investors to a higher level of risk in extended crypto winters.\nConversely, Coinbase offers a gateway to the broader dynamics of the crypto trading world, capitalizing on the market\'s volatility through trading fees across a diverse range of cryptocurrencies. Its performance is a barometer for the crypto market\'s overall health and trading volume, providing investors with an opportunity to profit from the ecosystem\'s growth beyond the fortunes of any single digital currency.\nIn essence, these alternatives to direct Bitcoin investment offer a broader range of strategies for tackling the crypto market. Digital assets are still fairly new to Wall Street\'s culture, and the regulatory rulebook is a work in progress. As last month\'s diverging price moves showed, investors can choose alternative Bitcoin investment vehicles to suit their personal style, long-term expectations for the crypto market, and risk tolerance. The young cryptocurrency sector is growing up before your eyes and finding its place in the investing world.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nAnders Bylundhas positions in Bitcoin and Coinbase Global. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nWhy Stocks in the Bitcoin Universe Skyrocketed in March 2024was originally published by The Motley Fool', 'In a strategic move aimed at deepening its presence, Australian investment firm Monochrome Asset Management has applied to list its flagship Monochrome Bitcoin ETF on Cboe Australia, one of Cboe Global Markets\' five global exchanges.\nThis decision marks a shift from Monochrome\'s initial plans to list the ETF on the larger Australian Securities Exchange (ASX), where trading volumes are typically higher. However, the firm cited key factors that aligned with its goals in selecting Cboe Australia as the listing venue.\nIf approved, the Monochrome Bitcoin ETF would be the first spot Bitcoin ETF in Australia, allowing direct investment in the world\'s largest cryptocurrency. While the country already hosts two crypto exchange-traded products on Cboe Australia, neither of them holds actual Bitcoin.\nUnlike the process in the United States, Australian firms must first secure approval from the national regulator, the Australian Securities Exchange (ASX), before applying to an exchange for an ETF listing. Monochrome has already obtained this clearance from the ASX for its Bitcoin ETF product.\n"We expect a decision from Cboe Australia about our Bitcoin ETF application before the middle of the year," Yew stated.\nIn January, Derek Vladimir Henningsen, Monochrome\'s head of legal and compliance, had anticipated the ETF would be listed by the second quarter of 2024.', 'In a strategic move aimed at deepening its presence, Australian investment firm Monochrome Asset Management has applied to list its flagship Monochrome Bitcoin ETF on Cboe Australia, one of Cboe Global Markets\' five global exchanges.\nThis decision marks a shift from Monochrome\'s initial plans to list the ETF on the larger Australian Securities Exchange (ASX), where trading volumes are typically higher. However, the firm cited key factors that aligned with its goals in selecting Cboe Australia as the listing venue.\nIf approved, the Monochrome Bitcoin ETF would be the first spot Bitcoin ETF in Australia, allowing direct investment in the world\'s largest cryptocurrency. While the country already hosts two crypto exchange-traded products on Cboe Australia, neither of them holds actual Bitcoin.\nUnlike the process in the United States, Australian firms must first secure approval from the national regulator, the Australian Securities Exchange (ASX), before applying to an exchange for an ETF listing. Monochrome has already obtained this clearance from the ASX for its Bitcoin ETF product.\n"We expect a decision from Cboe Australia about our Bitcoin ETF application before the middle of the year," Yew stated.\nIn January, Derek Vladimir Henningsen, Monochrome\'s head of legal and compliance, had anticipated the ETF would be listed by the second quarter of 2024.', '• The ETH/BTC ratio is on the verge of slipping into a death cross on the weekly chart.\n• Ether underperformance could be a signal of risk aversion and reduced demand for alternative cryptocurrencies.\nTechnical analysis is flashing several warning signals to alternative cryptocurrency (altcoin) bulls, with the ether-bitcoin (ETH/BTC) ratio dropping below a support level and on the verge of falling into an ominous death-cross technical pattern. The options market shows investors are taking the hint.\nA death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.\nThe ratio\'s 50-week simple moving average (SMA) appears on track to cross below the 200-week SMA, according to charting platform TradingView. The impending death cross signals risk aversion or prolonged underperformance of ether {{ETH}} and other altcoins relative to bitcoin {{BTC}}.\nSince 2017, the crypto market has oscillated between bitcoin-led regimes and altcoin-led regimes. More importantly, altcoin leadership has been characterized by a rising ETH/BTC ratio. In other words, traders are willing to take more risk when ether is outperforming bitcoin and vice versa.\nThe ETH/BTC ratio has dropped nearly 10% to 0.048 this year, TradingView data show .\n"The ETHBTC cross is testing a critical support level after breaking below 0.05," Singapore-based QCP Capital said in a market note Friday. "There has been a persistent large selling of ETH calls which has crushed [volatility] and also put some downside pressure on price. Could this again be a very early signal of [bullish] FOMO turning into fear in ETH as a proxy for alts."\nThe way bitcoin and ether options are currently priced on Deribit, the leading derivatives exchange, also points to expectations for ether underperformance in the near term.\nAt press time, ether puts expiring in seven days, one and two months traded at premiums of 5%, 3% and 0.3%, respectively, to calls. A put option gives the purchaser the right, but not the obligation, to sell the underlying asset at a predetermined price at a later date. A call option gives the right to buy, so the premium for puts – which provide protection against a price decline – indicates a bearish outlook.\nIn bitcoin\'s case, the bias was for calls across maturities, excluding seven-day options.', '• The ETH/BTC ratio is on the verge of slipping into a death cross on the weekly chart.\n• Ether underperformance could be a signal of risk aversion and reduced demand for alternative cryptocurrencies.\nTechnical analysis is flashing several warning signals to alternative cryptocurrency (altcoin) bulls, with the ether-bitcoin (ETH/BTC) ratio dropping below a support level and on the verge of falling into an ominous death-cross technical pattern. The options market shows investors are taking the hint.\nA death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.\nThe ratio\'s 50-week simple moving average (SMA) appears on track to cross below the 200-week SMA, according to charting platform TradingView. The impending death cross signals risk aversion or prolonged underperformance of ether {{ETH}} and other altcoins relative to bitcoin {{BTC}}.\nSince 2017, the crypto market has oscillated between bitcoin-led regimes and altcoin-led regimes. More importantly, altcoin leadership has been characterized by a rising ETH/BTC ratio. In other words, traders are willing to take more risk when ether is outperforming bitcoin and vice versa.\nThe ETH/BTC ratio has dropped nearly 10% to 0.048 this year, TradingView data show .\n"The ETHBTC cross is testing a critical support level after breaking below 0.05," Singapore-based QCP Capital said in a market note Friday. "There has been a persistent large selling of ETH calls which has crushed [volatility] and also put some downside pressure on price. Could this again be a very early signal of [bullish] FOMO turning into fear in ETH as a proxy for alts."\nThe way bitcoin and ether options are currently priced on Deribit, the leading derivatives exchange, also points to expectations for ether underperformance in the near term.\nAt press time, ether puts expiring in seven days, one and two months traded at premiums of 5%, 3% and 0.3%, respectively, to calls. A put option gives the purchaser the right, but not the obligation, to sell the underlying asset at a predetermined price at a later date. A call option gives the right to buy, so the premium for puts – which provide protection against a price decline – indicates a bearish outlook.\nIn bitcoin\'s case, the bias was for calls across maturities, excluding seven-day options.', 'Famed for her bold investment strategies targeting disruptive companies, Cathie Wood and her company ARK Invest have carved out a niche in the financial world. While ARK\'s exchange-traded funds (ETFs) offer diversified exposure to various industries, its core holdings often revolve around a select group of innovative companies.\nFor investors seeking high-growth options and looking to take a page out of the Cathie Wood investing playbook, three companies embody her investment philosophy and may be deserving of a spot in your portfolio today:Coinbase Global(NASDAQ: COIN),Robinhood(NASDAQ: HOOD), andTesla(NASDAQ: TSLA).\nFew other technologies embody the key characteristics that Wood and her company look for -- such as innovation and disruption -- like blockchains and cryptocurrencies. While ARK Invest is a big supporter ofBitcoin, the world\'s most valuable cryptocurrency, the firm\'s top holding is Coinbase, according to Morningstar.\nAlthough investing in Coinbase could be a timely opportunity since crypto is building momentum for another bull market, the long-term potential is what\'s most alluring. In the last couple of years, Coinbase underwent a dramatic transformation.\nPreviously, the company derived more than 90% of its revenue from transaction fees. But now, it boasts a diversified revenue model that caters to retail and institutional investors. Today, transaction fees only account for about 55% of total revenue.\nCoinbase is in the middle of an international expansion strategy and has released its very own blockchain. The company is providing key services to the majority of thespot Bitcoin exchange-traded funds (ETFs)that recently launched. It\'s making money in virtually every way possible.\nAs crypto continues evolving and proliferating in financial markets, Coinbase is an ideal proxy to ride the waves of this momentum. The stock is still more than 30% off its highs. Considering that Coinbase barely resembles the company it once was, it\'s no wonder it\'s ARK Invest\'s No. 1 holding.\nWhile Coinbase has become the premier platform for all things crypto, Robinhood is becoming the go-to platform for all things finance. It initially started as an app to simplify investing, but the company has significantly expanded its product offerings during the past year.\nNow, Robinhood offers subscription plans,individual retirement accounts (IRAs)that offer a 3% match for Robinhood Gold members, savings accounts, and even a new credit card that boasts 3% cash back on all purchases. It also allows users to trade a handful of cryptocurrencies.\nTo quantify the potential for Robinhood, consider that total assets under custody are at an all-time high while its monthly active users remain at just over 10 million, half of its peak of 21.3 million. In other words, there are fewer Robinhood users today, yet more money is under custody.\nWith fewer users but more assets on its platform, Robinhood can generate more revenue per user through interest on customer cash and margin lending while exploring additional monetization avenues and enhancing customer loyalty. This strategic advantage strengthens the platform\'s financial position, resilience, and potential for long-term growth and profitability.\nEven with its stock up more than 40% in 2024 so far, Robinhood\'s robust lineup of products will attract more users looking for a variety of financial products beyond trading. Best of all, as younger demographics come of investing age, Robinhood\'s simple and smooth app may become the de facto standard for people looking to explore the world of Wall Street and step up their personal finance games.\nIt\'s been tough sledding for Tesla during the past year. As the electric-vehicle (EV) market has shown signs of slowing, Tesla\'s industry-leading profits have returned to earth from their previous astronomical levels.\nAfter Tesla missed sales projections in Q1 2024, Wood doubled down on her confidence in the company. As she sees it, Tesla is the ideal company for investors looking to invest in future technologies -- specifically, artificial intelligence (AI), robotics, and autonomous driving.\nIn a recent appearance on CNBC, Wood stood by her previous estimate that Tesla will reach a price of $2,000 per share. That would be a monumental increase of more than 1,000% and make Tesla the most valuable company in the world, based on today\'s numbers.\nAlthough the coming year might be lackluster for Tesla -- a reality that even management acknowledged on its recent earnings call -- it\'s Tesla\'s long-term vision that makes it attractive. Most notably, it\'s making considerable progress in its pursuit of autonomous driving. Once solved, this will pave the way for what Wood believes could generate up to $10 trillion in revenue by 2030 -- robo-taxis.\nWith a self-driving taxi fleet, Tesla could transform its bottom line and revolutionize how we travel. According to Wood, this would make it "one of the most important investment opportunities of our lifetimes."\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 4, 2024\nRJ Fultonhas positions in Bitcoin, Coinbase Global, and Tesla. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Tesla. The Motley Fool has adisclosure policy.\n3 No-Brainer Cathie Wood Stocks to Buy Right Nowwas originally published by The Motley Fool', '25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site\n9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches\nMIAMI, April 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq \| TSX:\xa0HUT), (“Hut 8” or the “Company”) a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners today released its operations update for March 2024.\n“March was another productive month in our post-merger restructuring program,” said Asher Genoot, CEO of Hut 8. “We continue to make the changes required for profitable, long-term growth.”\n“On March 6, we announced the closure of Drumheller. Our team relocated efficient miners to Medicine Hat and retired inefficient miners. We expect to see the impact of these changes on our operating efficiency moving forward.”\n“We also made significant progress on our new Salt Creek site and expect to fully energize the site in April, less than three months after breaking gr Last 60 Days of Bitcoin's Closing Prices: [42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-05 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,317,449,320,500 - Hash Rate: 611575286.7885739 - Transaction Count: 348637.0 - Unique Addresses: 643705.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy Inc (NASDAQ:MSTR) showcases a robust enterprise analytics software strategy with innovative AI capabilities. • Strategic partnerships and FedRAMP authorization position MicroStrategy Inc (NASDAQ:MSTR) for growth in diverse sectors. • Volatility in Bitcoin investments and international operational risks present significant challenges for MicroStrategy Inc (NASDAQ:MSTR). • MicroStrategy Inc (NASDAQ:MSTR) faces stiff competition in the rapidly evolving enterprise analytics market. • Warning! GuruFocus has detected 10 Warning Signs with MSTR. MicroStrategy Inc (NASDAQ:MSTR), a leading provider of enterprise analytics and mobility software, filed its annual report on February 15, 2024. The10-Kfiling reveals a company at the forefront of business intelligence, offering a suite of advanced analytics solutions. With a market capitalization of approximately $4.133 billion as of June 30, 2023, and a global workforce of 1,934 employees, MicroStrategy Inc (NASDAQ:MSTR) demonstrates a strong market presence and commitment to innovation. The company's financial performance, as detailed in the filing, reflects its strategic initiatives and investment in Bitcoin, which have influenced its financial results and market price. This SWOT analysis will dissect the strengths, weaknesses, opportunities, and threats as presented in the 10-K filing, providing investors with a comprehensive understanding of MicroStrategy Inc (NASDAQ:MSTR)'s position in the market. Advanced Analytics and AI Capabilities: MicroStrategy Inc (NASDAQ:MSTR) distinguishes itself through its advanced enterprise analytics software strategy, which incorporates AI-powered business intelligence. The company's flagship platform, MicroStrategy ONE, is recognized for powering significant analytics deployments globally. Its Generative AI capabilities automate the deployment of AI-enabled applications, making advanced analytics accessible to non-technical users. This strength is evident in the company's ability to deliver Intelligence Everywhere, positioning MicroStrategy Inc (NASDAQ:MSTR) as a leader in the domain. Strategic Partnerships and Government Authorization: The company's strategic partnerships with major cloud providers and its FedRAMP authorization for the MicroStrategy Cloud for Government service underscore its competitive edge. These alliances and certifications enable MicroStrategy Inc (NASDAQ:MSTR) to meet the stringent security and data protection standards required by government and financial institutions, expanding its market reach and reinforcing its reputation for reliability and compliance. Bitcoin Investment Volatility: MicroStrategy Inc (NASDAQ:MSTR)'s significant investment in Bitcoin introduces financial volatility and risk. The cryptocurrency's price fluctuations have historically impacted the company's financial results and could continue to do so. This exposure to Bitcoin's volatile market poses a potential weakness, as it may affect the company's balance sheet and investor perceptions. International Operational Risks: The company's extensive international operations expose it to risks such as currency exchange fluctuations, regulatory changes, and geopolitical tensions. With a substantial portion of its revenue generated from international sales, MicroStrategy Inc (NASDAQ:MSTR) must navigate these complexities, which could impact its business, operating results, and financial condition. Expansion in Cloud-Based Analytics: The growing demand for cloud-based analytics solutions presents an opportunity for MicroStrategy Inc (NASDAQ:MSTR) to expand its subscription-based offerings. The company's cloud-native architecture, optimized for major hyperscalers, positions it to capitalize on this trend and drive growth in the cloud analytics market. Emerging Markets and New Technologies: MicroStrategy Inc (NASDAQ:MSTR) has the opportunity to leverage its advanced analytics and AI capabilities to penetrate emerging markets and sectors. By continuing to innovate and adapt to new technologies, the company can capture additional market share and address the evolving needs of businesses seeking data-driven insights. Intense Market Competition: The enterprise analytics market is highly competitive, with MicroStrategy Inc (NASDAQ:MSTR) facing challenges from global ISVs such as IBM, Microsoft, Oracle, Salesforce, and SAP. The company must continually innovate and differentiate its offerings to maintain its market position and drive customer demand. Regulatory and Data Privacy Concerns: MicroStrategy Inc (NASDAQ:MSTR) operates in a regulatory environment that is becoming increasingly complex, particularly concerning data privacy and protection. Compliance with evolving laws and regulations, such as the CCPA and CPRA, requires significant resources and could impact the company's operations and relationships with business partners and customers. In conclusion, MicroStrategy Inc (NASDAQ:MSTR) exhibits a strong foundation in enterprise analytics and AI, with strategic partnerships and government certifications bolstering its market position. However, the company must carefully manage the risks associated with its Bitcoin investments and international operations. Opportunities for growth in cloud-based analytics and emerging markets are countered by the threats of intense competition and regulatory challenges. Investors should weigh these factors when considering MicroStrategy Inc (NASDAQ:MSTR) as part of their investment portfolio. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared onGuruFocus.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks surged on Friday following a stronger than expected March jobs report.\n• The US economy added 303,000 jobs last month, well ahead of economist estimates of 212,000 jobs.\n• The jobs report showed muted wage inflation, which could suggest a mild CPI report next week.\nUS stocks surged on Friday, recouping most of Thursday\'s losses after the March jobs report bested analyst estimates.\nThe US economyadded 303,000 jobs in March,well ahead of economist estimates of 212,000. Investors are electing to put a positive spin on the strong economic data under the idea that expansion will drive earnings growth. That optimism appeared to outweigh concerns that a Fed rate cut will be delayed.\nThe report also saw the unemployment rate fall to 3.8% from 3.9%, and it also showed easing wage inflation during the month.\xa0That\'s important because wage inflation plays a key part in overall inflation, suggesting that next week\'s CPI report might not surprise to the upside.\n"Another blowout payroll report suggests the economy is running strong and far from recession, with the economy averaging 276,000 job growth per month over the last quarter," Carson Group strategist Sonu Varghese told Business Insider. "On balance, this would push out any rate cuts by the Fed, but easing wage growth means we\'re not in the middle of a labor-market induced inflation surge."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,204.34, up 1.1%\n• Dow Jones Industrial Average:38,904.04, up 0.8% (307 points)\n• Nasdaq Composite:16,248.52, up 1.2%\nHere\'s what else happened today:\n• A string of layoffs in Apple\'s R&D division suggests that CEO Tim Cook is trying to re-focus the companyafter its failed EV project.\n• A peak in bitcoin would signal turbulent times ahead for the stock marketover the next six months, according to a Wall Street strategist.\n• The US government transferred 2,000 bitcoin to Coinbasefrom its $2 billion cryptocurrency wallet earlier this week.\n• Tesla stock fell as much as 6% after a Reuters report saidthe company is scrapping its low-cost Model 2 vehicle, though Elon Musk denied the report.\n• A fund that offers investors the chance to buy stock in pre-IPO companies has soared as much as 818%since its debut two weeks ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.20% to $86.76 a barrel.Brent crude, the international benchmark, jumped by 0.39% to $91.00 a barrel.\n• Goldjumped 1.50% to $2,343.20 per ounce.\n• The 10-year Treasury yield rose 7 basis points to 4.39%.\n• Bitcoindropped by 0.99% to $67,844.\nRead the original article onBusiness Insider', "In this podcast, Motley Fool analyst Bill Mann and host Dylan Lewis discuss:\n• The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it.\n• VisaandMastercard's $30 billion settlement with merchants over interchange fees.\n• A curious crypto story withNilam Resources.\nTech insider Kara Swisher joins Motley Fool host Deidre Woollard to talk about her new bestseller,Burn Book, and how a tech CEO helped her kids use social media a little less.\nTo catch full episodes of all The Motley Fool's free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nEver feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.\nOn rare occasions, our expert team of analysts issues a“Double Down” stockrecommendation\xa0for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:\n• Amazon:if you invested $1,000 when we doubled down in 2010,you’d have $20,273!\n• Apple:if you invested $1,000 when we doubled down in 2008,you’d have $31,856!\n• Netflix:if you invested $1,000 when we doubled down in 2004,you’d have $332,818!\nRight now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.\nSee 3 “Double Down” stocks »\nStock Advisor returns as of April 4, 2024\nThis video was recorded on March 27, 2024.\nDylan Lewis:Soon merchants are going to be happier to see you pull out the plastic. Motley Fool Money starts now. I'm Dylan Lewis, and I'm joined over the airwaves by Motley Fool Senior Analyst Bill Mann. Bill, thanks for joining me.\nBill Mann:Hey, Dylan. How are you? Welcome back.\nDylan Lewis:It's great to be back after taking some time off. It's great to be back with you. We haven't done a show together since my vacation, so it's nice to be back in the seat. We're going to be checking in on some curious stories in crypto today. We're also going to be looking at some thoughts on the tech industry from Kara Swisher. First up though, Bill, a bit of disruption in our own backyard, an absolutely tragic scene in Baltimore this week with the Francis Scott Key Bridge collapsing after being struck by a cargo container in the early hours Tuesday. Bill, I've been on that bridge. I'm guessing you've been on that bridge as well. This is one that hits home for us.\nBill Mann:Many times. This is not just a local thoroughfare, but it is one of the major north-south arteries in the United States, so a very important road and port. The Port of Baltimore is one of the largest transshipment points for cars coming into and out of the United States. It's also a huge coal facility for shipments coming in and out. At the moment, the Port of Baltimore completely cut off. You did start by saying tragedy, and I do want to start by saying it's the loss of life that ultimately is the thing that we should be concerned about, first and foremost. It's very sad what happened.\nIt's a miracle not more people were on that bridge, not just a miracle but incredible work and foresight by the captain on the ship. That has to be called out. This is going to be a while before it gets cleaned up. Obviously, there's a lot of ways to get from, say, New York to the southern part of the US, but there are not that many ways that are better than Highway 695 for hazmat trucks, for example. The cost to commerce is going to be substantial. The hit to our infrastructure has been substantial.\nDylan Lewis:Bill, I think this is one of those stories that is going to take a very long time for all of the pieces to come out, all the details to come out, and all the consequences to be mapped out, but I think one of the clearest takeaways at this point is it is going to be incredibly disruptive to the local Baltimore area and really anything that passes through it. As you were just saying, so much activity flows through that port.\nBill Mann:There's a book that I read a couple of years ago, and it's a great book. If you're ever talking to someone at a cocktail party, and you'd like to end the conversation, mention that you've been reading the book Box by Marc Levinson, which is the history of the shipping container. It's a fascinating book but doesn't sound so on the surface.\nWhen we think of ports, we tend to think of them as being interchangeable at this point, like, it's a place where a boat can pull up to the side, and there's a crane that pulls things on and off. Ports now are specialized. The Port of Baltimore is specialized for the types of products that flow through that port, particularly cars, gypsum, lumber, coal, things of that nature. While there are other ports that can take that volume, it's not just as simple as saying, now you're going to Norfolk, now you're going to Newark. Those ports are not geared to handle that volume in the same way that Baltimore has.\nDylan Lewis:Bill, that's all we have today. I got to go.\nBill Mann:[LAUGHTER] You got to read the book?\nDylan Lewis:You joke that it was a good way to end the conversation. I'm just kidding. I love it when you go deep, and I love when we get wonky. I think it's a fascinating story, and I love the book recommendation there, Bill. One of the things I'm curious about is, as this clearly is going to disrupt supply chain and logistics, what it means for the companies that wind up flowing a lot of goods through a place like Baltimore. We have seen companies try to tap into interruption insurance in the past. Do you feel like this is something that we are suddenly going to become experts in in the way that people do on Twitter?\nBill Mann:I became a Twitter expert in shipping law. I got my masters yesterday in it. Usually when you talk about these things, you're talking about tragedies. There were a huge amounts of business interruption cases that happened after the 9/11 attacks, there were huge numbers of business interruption insurance claims after Hurricane Katrina, and there will be more here.\nRight at the top of the list is the Port of Baltimore, which is a port authority, but it is it operates under concessions. There are companies out there that offer business interruption, andBerkshireHathawayis one that has been known to do so. There will be claims, and they will be big, but I would assume that many of the claims will be opportunities for companies to perhaps cash in a little bit, and I only say that not pejoratively because that's what's happened every single time in the past.\nDylan Lewis:From the supply chain and cargo world over to the digital toll roads, we have some updates in the credit card landscape. Visa and MasterCard's toll road is about to get a little bit cheaper for merchants, Bill, the two largest credit card companies settling suit with merchants over there interchange fees, which will save about 30 billion in fees over five years for merchants. How big of a deal is this for the credit card companies?\nBill Mann:The credit card companies, there's only a certain part that's really that big of a deal because Visa and Mastercard don't actually get these interchange fees. These are what goes to the banks that underwrite the cards themselves. So Visa and Mastercard, if they were the ones who were negotiating or actually negotiating with somebody else's money, which is a great place to be negotiating from, now one of the big issues is that those swipe fees were somewhat unbound.\nOne of the agreements though that could impact Visa and Mastercard is that it would allow the merchants to charge different prices to consumers based on which credit cards they use. You might come into a situation where a merchant would say there's a 2% fee if you're using a Visa or Mastercard, there's a 1.2% fee if you are using Discover, and a lot of these fees are things that exist today, but because they are standardized, you don't necessarily see them. In some ways, this is much bigger for the merchants than it is for Visa and Mastercard, and in some ways, it's much bigger for the banks than it is Visa or Mastercard themselves.\nDylan Lewis:If I'm not mistaken, the only way we've really seen that in a consumer-facing way in the past has been, we don't acceptAmericanExpress. It's been that simple. It hasn't been the negotiated menu of this for this and that for that. It's just we're not going to accept AmEx.\nBill Mann:Does it not feel a little bit like the cable television where, for years, we wanted unbundled pricing, and now that everything's unbundled and we all have 34 different things we have to pay for, man, I wish somebody could just bundle this back up. This feels like that a little bit like, if I pull out a Discover card, do I get a lower overall fee? If I pull out an American Express card, do I get it for free? I think we may be seeing things like that. Although, again, consumers tend to love simplicity, so I'm not sure it's all that big of a deal. But anytime you have one of those friction costs, I think at the end of the day, it's going to be a benefit to consumers, the fact that it seems like it's going to be lower or at least have a bound put upon it.\nDylan Lewis:Are we going to stick with payments for our final story in our news roundup, payments of sorts, more of a stored value, perhaps? The world of crypto, specificallyBitcoin, has had an incredible march, up 20% this month, up over 50% year-to-date. Bill, not surprising that when we see a huge surge in interest in crypto and the price of crypto, the activity of companies hitching their wagon to crypto also goes up.\nBill Mann:Not just companies. We've seen stories about how the North Koreans are suddenly very active, again, trying to hack into some of the lower security crypto projects, and they've stolen several billion dollars from them, probably much more so by the time all is known. There was a fascinating story that came out starting about two days ago. A company that, and I'm not making this up, had a market cap of $925,027. That was it.\nDylan Lewis:We're not used to working in those units.\nBill Mann:No. As I said earlier, please don't go out and buy this. Nilam Resources announced that they were starting a joint venture with a letter of intent to acquire 24,800 Bitcoin. Now I don't know if you're that much of a math guy. I had to take off my shoes so I could count high enough, but that was about 1,700 times higher than the actual market cap of Nilam Resources, so I don't know how they thought they were going to do it.\nDylan Lewis:Where does that money come from? When I saw the story, Bill, so there's the announcement, there's the very predictable share price movement for the business that is just absolutely nuclear. It goes crazy. Then we see that the CEO steps down immediately. This to me, I know we're recording this in late March, had the feeling of someone leaking an April Fool's Day script a couple of days early.\nBill Mann:Honestly.\nDylan Lewis:This is a story we would put out as a news story on April 1st.\nBill Mann:Exactly. Unfortunately, there was a real stock attached to it, and the former CEO had left, and basically called this a classic pump and dump. We can use allegedly all we want to, and so when you ask where the money was going to come from, you're going to be shocked to know that there was a JV that was announced with a country that somewhat lacks security laws and somewhat lacks extradition laws.\nI don't know what the game was other than the stock went up about 1500% yesterday and, as of this recording, is only down 95% today. I understand that this was a sub $1 million company, and at the end of the day, it was not even a rounding error in the market, but it is the thing that, as someone who likes to believe that the US markets have integrity, it really concerns me.\nDylan Lewis:Bill Mann, appreciate your takes on crypto, shipping containers, and all things weird in the market.\nBill Mann:Thanks, Dylan.\nDylan Lewis:[MUSIC] Coming up, tech insider Kara Swisher joins Deidre Woollard to talk about her new best-seller, Burn Book. They discuss innovations that she's optimistic about and how a tech CEO helped her kids use social media a little bit less. [MUSIC]\nDeidre Woollard:You use this phrase that I like, and I use all the time too, which is, the math wasn't mathing. You talk about that when looking at companies, especially in a before the dotcom bust. We do the same thing here. How does focusing on the numbers help you make sense of these companies because I think a lot of journalists don't do that?\nKara Swisher:No. I actually took an executive accounting course at Wharton because I've needed to understand how spreadsheets worked because I don't think I did awesome. That was when I was a younger press, I took the train up to Philadelphia from DC at Wharton because I thought it was really important to do that. Any opportunity I had to read about accounting because the company I was covering, was a very tricky accounting company.\nThey would hide the expenses and goose revenues in ways that were tricky, and so it was really important to understand. I think accounting is one of the most creative jobs in any company that were had to make a company look whether they're doing well. Ultimately performance is what matters, but it didn't hit at that time because the stock would take off on just the smallest of things. I really wanted to understand the math, and you had to have a suspension of disbelief because, even if the math didn't work, if it didn't math, it didn't matter with some companies.\nLike right now,Tesla's worth 20 million times more than all the car companies put together. Is it going to be that big? I don't think so, but obviously, the market does, so that's what it's worth. Sometimes when people get upset, it's not worth that. I'm, like, that's what it's worth. That's what people think, so that's what people are willing to pay for it, but from a real gravity perspective, much of what was happening was puffy, to say the least.\nDeidre Woollard:There was always the [inaudible] that all you needed was a good PowerPoint to raise money.\nKara Swisher:I think we have changed since then. I went into crypto, we had the same thing for a minute. Now, they already put AI, [inaudible] AI on your company, you're an AI company. That's what happens, and then there'll be significant companies in each area. It doesn't mean the area is wrong. It means that everybody rushes to a trend, and that's OK. I don't care. Just buyer beware.\nDeidre Woollard:It's like the more thing is changed, the more they stay the same because so little has changed. Your descriptions of like Marc Andreessen and some of the others in the early days, the tech bad boys. We still are seeing some of those tech bad boys. Are we ever going to see.\nKara Swisher:They're just growing up men now. They were bad boys, and now they're really deeply grievously irritating old men is what they are now.\nDeidre Woollard:What about the new batch?\nKara Swisher:I like a lot of the newer people more. They have a little more humility, and I don't expect a lot of humility necessarily, but I think they've got more sense. Some of them are more mission-driven in a real way. Before they used to say they're going to change the world, but they was very fuzzy, but they actually wanted to change.\nThey just wanted to make money and disrupt things, as toddlers are wont to do, but I think a lot of the newer ones that really interesting. I think they're more thoughtful, they're better read, they've seen what happened. Money is important to them, obviously, but it's not the most important thing necessarily. A lot of them, like climate change tech people, I'm really interested in them, or people who are doing healthcare stuff, I'm interested in them. I don't think money is the first and only thing or their stock is. I think it's important, but it's not their only thing.\nDeidre Woollard:There's so much like the next Steve Jobs. Do you think that there can be or should be a next Steve Jobs? Obviously, not Elon.\nKara Swisher:No, it's not. It's never was. Now people are saying Samuel Altman, but about I'll know, we'll see. He's got some time to go. Sam leaves a real legacy. He kept having hit after it and the company keeps having hit after hit. They're a little like the rolling stones over there atApple. They keep going and eventually they'll get too old. But even Tim Cook, he's 10x the company in terms of value and real value, real revenues, real changes in the software and services. No, I don't think you'd need that. I think lots of industries had. You don't know who that out of the electricity world is, but you didn't know Thomas Edison. I think founders have a certain romance at a certain moment in history. Again, who's the insurance guy, who's the head of, Hollywood even has dissipated, approves the big moguls and then I guess Bob Iger, but isn't he that thing?\nDeidre Woollard:You've covered entrepreneurs, but you're also an entrepreneur yourself. I'm wondering, what lessons could you have learned only by going through that experience yourself?\nKara Swisher:I thought it was important. I think sometimes business reporters don't know how to run a business. Come on, how accretive you judge that though. Let me tell you aboutUber. I was like, I think I'll run a business. I don't run movers business, but I certainly understand P and L. They certainly understand management. I understand month fundraising and things like that and it's so much smaller scale. Media's isn't much smaller scale of everything compared to these companies. But I have a sense of what it's like to be an entrepreneur and I have been one and I've created lots of different companies, not just one but half a dozen.\nI've moved into other directions and so you'd have to sort of have a risk profile that media tends not to have had in the past. Now there's lots of new interesting things happening. But I certainly you learn a lot by doing instead of just talking about it. P& L gifts creates a certain kind of discipline in your mind and especially you understand, say they're even their problems or whether they're lying about, oh, no, no. I know I did that that kind of thing.\nI think also the role of partnerships too, because you had a great business partner and Walt Mossberg, you probably saw from the inside what can go wrong in partnerships and what we did. We never had a fight our whole time, it 's incredible. Amazing But yeah, the importance of a good partner for sure. Any anytime you have a business you run into toxicity, you run into great things, you run into problems that weren't problems and then become problems every day I run something, although I don't have staff. I uncoupled myself staff CRO have people who work for Vox who then do stuff for me and I guess I'm ultimately the boss, but I don't manage them.\nDeidre Woollard:You've got young children, but you've also got older children. I'm wondering, what's the difference between what you're probably going to tell your younger children about technology versus what you told your older children?\nKara Swisher:Neither. No. Nothing. I think I was pretty clear. My older kids other mother was the Chief Technology Officer of the United States of America under Obama and also was an early Google executives so there wasn't a lot we need and I was good at technology, so they didn't really get anything over on us, which was a sad for them. They couldn't go, oh, mommy, you don't understand this would like, oh yeah, we built it or I would call it sometimes when I'm sounds for using too muchSnapchat, I ran into, introduce them to the head of the Snapchat and I jokingly said to him, we turn it off if I need to and he was like, absolutely Cara, boys don't use it too much.\nOf course he didn't do that but, you know what I mean? My kids are like what? That's like using Santa or something with. Yes, that's correct. He was Santa to them who they were never more thrilled when they met the founder of Snapchat, Evan Spiegel. But no, I trust my kids. I raised them to have a broad outlook on a lot of things. I don't mind if they read online as long as they read. I think people's focus, they'll too much on the thing. I definitely had a talk with the boys, the older boys about porn and about the deleterious effects of that kinda stuff. Because I was aware of it more than probably many parents about what was going on online.\nI think with my daughter, I'm going to have a long talk about how you behave and I know it's not just a woman behaves, but things that can come at you that are particular to women, especially young girls about self-esteem. I had talked to my boys a little more about loneliness. You know what I mean? Because there's a lonely and men are suffering in many ways, or boys are. I think one time my son, when in-app purchases started on the iPhone, my son spent $2,000 on things and I did not do that again.\nLet me just say yeah, it was on it was on a game that he was buying himself, you know, blinds or whatever the hell you by herself and I live, yanked him out of bed Got kill you. Luckily because it was so hidden and I got them charges from burst because then I got some insight to it because I was like, look at how tricky this was. How would a nine-year-old, why are you letting a nine year old do this? Also, he couldn't tell what was for sale and so they they reversed it pretty quickly, but still I learned a lot from them and like Reddit, my older kids, I new Reddit was going to be where young people are watching stuff and not necessarily other places because my kids used it a lot or watching YouTube and Reddit, which I thought was interesting so it goes both ways.\nDeidre Woollard:Are there any companies outside of the text-based you're finding particularly interesting right now?\nKara Swisher:Yeah, I'm really interested in climate change tech. Would put them in a tech thing, but it's really climate change, innovation. I'm fascinated with a lot of the healthcare innovation and you could say tech, but it's innovation around data and AI, and more and cloning and gene folding and all kinds of things. I'm super should in the food area, the innovations in food like urban farming. Farming that's without what would the same water goes through and Bill and office buildings, I have this dream of all the farms being in the cities and then you get fresh vegetables right there. We'll start off expensive like those strawberries that are so delicious and then move down the stack. I'm interested in, obviously desalinization of water, things like that, things that are real. Obviously politics. I live park most of my time in Washington now, after the pandemic long story, I didn't choose it, but there here I am. I spent a lot of time on regulatory issues that's for sure around tech.\nDeidre Woollard:Last question for you. We're in another tough spot for media and journalism. We've been there before. Even I've been through a few of these journalist cycles. Does this one feel different, and what's your hope for the future of journalism?\nKara Swisher:It does not feel different. It's the same thing. I just feel like this has been going on for 30 years. The decline. I covered the knows that the Washington Post when it was at its the top time, but then I was covering retail which was dying local retailers so I watched the economic devastation when they lost all those local retailers to Walmart actually. That's what Walmart didn't advertise it, but the local retailers did and then when I saw Craig's list, Tom, there's classified god hit. This was 25 years ago and then free news meant they had to make a product that was worthwhile for people to pay for and before they just one on fund news that was commodity-based essentially.\nI think the big problem with media is it said it treats it like it's not a business that's called the news business for a reason as a business and so I think they didn't get costs in line fast enough. They agonized over attack instead of jumping right in. They relied too much on tech as if tech we didn't want to be in the media business the tech is in the media business. They're better at it because they have more money and they have more resources and they don't care so much about accuracy, but they're in the media, but there's no question.\nTikTok as a media business as far as I'm concerned. He's got the right-size itself and then try to figure out what they can sell to people that substantive, I've done it with on a smaller level and everybody else has to. It's just, we have a kind of a romantic vision of ourselves in the media that I think we need to shed. We can be important and viable at the same time. You know what I mean? Or the other options are, the government pays for it, like BBC, but that's never happening in this country. Or billionaires, we rely on the kindness of charitable billionaires.\nDeidre Woollard:That's been what we've been doing so far.\nKara Swisher:Yes, but let me just tell you, I know them. Don't do it. It's a mistake. Some of them will be good, some really bad. I'm certain their children will be good, so I don't know what to tell you about that. That's not a long-term solution to what is a secular again, a secular problem, just like with commercial real estate, like come up with new ideas to keep your audience and understand the important part you play in democracy. This is like the first-line of the book because it was capitalism after all. It is capitalism after all.\nDylan Lewis:As always, people on the program may own stocks mentioned, and the Motley Fool may have formal recommendations for or against, so don't buy or sell anything based solely on what you hear. I'm Dylan Lewis. Thanks for listening. We'll be back tomorrow.\nAmerican Express is an advertising partner of The Ascent, a Motley Fool company.Bill Mannhas positions in Berkshire Hathaway.Deidre Woollardhas positions in Apple, Mastercard, and Visa.Dylan Lewishas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Bitcoin, Mastercard, Tesla, Uber Technologies, and Visa. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has adisclosure policy.\nShipping Logistics, Credit Card Fees, and a Crypto Eyebrow-Raiserwas originally published by The Motley Fool", "Nearly 16 years after it was created, Bitcoin continues to divide investors and financial pundits alike. On one side, major corporations and financial institutions have added this volatile asset to their operations. On the other side, financial gurus and market veterans remain as skeptical as ever.\nDave Ramsey has firmly established a spot in the latter camp. He has previously described crypto assets as “risky” and “stupid investments,” often mocking investors and advising his audience to stay away from this segment of the market.\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\nWhich is why viewers of The Ramsey Show were surprised to hear Ramsey strike a more measured tone in recent comments about the crypto asset. Here’s what he said.\nJason from Connecticutwanted to knowRamsey’s thoughts on Bitcoin, given its recent rebound. Each unit of world’s most famous cryptocurrency is currently trading at $67,459 — roughly four times higher than its value in late 2022.\n“An asset with a trillion-dollar market cap is not a beanie baby,” Jason said in his email to Ramsey. Surprisingly, Ramsey didn’t aggressively push back as he has in the past on this question about crypto assets. Instead, he struck a more measured tone.\n“Bitcoin is a currency,” Ramsey admitted, seemingly agreeing with some of the most loyal members of this community. However, Ramsey went deeper into his explanation: “Currencies have no value except for their track record that indicates that two people are willing to fight over them,” he said.\nHe compared BTC to other major assets such as the yuan and Japanese yen. However, he was quick to point out that major global currencies were backed by the economic power of their issuing countries and had much longer track records. “Of all the currencies, Bitcoin has the least faith,” he laughed. “Someday, it may level out and become a thing, but Jason, it’s not there.”\nHe predicts that the asset will continue to be volatile and that he wouldn’t invest in it for the same reason he wouldn’t invest in “the Iraqi dinar.” Ramsey and his co-host argue that Bitcoin is not an “investment” because it doesn’t produce cash flow. “I wouldn’t wish bitcoin investments on somebody I really dislike,” Ramsey said, perhaps proving he hasn’t changed his stance on the asset.\nWarren Buffett and his business partner, the late Charlie Munger, had a similar argument — “[Bitcoin] is a gambling token and it doesn’t have any intrinsic value,” Buffett once said.\nWith this in mind, investors may have better opportunities within asset classes that generate tangible income.\nRead more:Suze Orman says Americans are poorer than they think — but having a dream retirement is so much easier when you know these3 simple money moves\nBased on the principle that cash flow is the key to a good investment, sophisticated investors like Buffett and Ramsey have always preferred real estate and stocks.\nHowever, perhaps traditional value investors and cryptocurrency advocates can both agree that chip maker Nvidia (NVDA) provides some value. During the previous crypto bull run, Nvidia saw a boost in earnings due to a scramble for its GPU units that were ideal for cryptocurrency mining.\nNow that Bitcoin is rallying again, Nvidia could see a similar boost. However, this time the boost is supercharged by the ongoing artificial intelligence battle. Tech giants are spending billions of dollars to secure the company’s H100 chips, which are a key resource for their large language models.\nIn its most recent fiscal year, Nvidia generated $29.7 billion in net income, which means it’s profitable enough to attract the attention of traditional investors who may be skeptical of cryptocurrencies.\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• Rich young Americans have lost confidence in the stock market — and arebetting on these 3 assets instead.Get in now for strong long-term tailwinds\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", "Nearly 16 years after it was created, Bitcoin continues to divide investors and financial pundits alike. On one side, major corporations and financial institutions have added this volatile asset to their operations. On the other side, financial gurus and market veterans remain as skeptical as ever.\nDave Ramsey has firmly established a spot in the latter camp. He has previously described crypto assets as “risky” and “stupid investments,” often mocking investors and advising his audience to stay away from this segment of the market.\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\nWhich is why viewers of The Ramsey Show were surprised to hear Ramsey strike a more measured tone in recent comments about the crypto asset. Here’s what he said.\nJason from Connecticutwanted to knowRamsey’s thoughts on Bitcoin, given its recent rebound. Each unit of world’s most famous cryptocurrency is currently trading at $67,459 — roughly four times higher than its value in late 2022.\n“An asset with a trillion-dollar market cap is not a beanie baby,” Jason said in his email to Ramsey. Surprisingly, Ramsey didn’t aggressively push back as he has in the past on this question about crypto assets. Instead, he struck a more measured tone.\n“Bitcoin is a currency,” Ramsey admitted, seemingly agreeing with some of the most loyal members of this community. However, Ramsey went deeper into his explanation: “Currencies have no value except for their track record that indicates that two people are willing to fight over them,” he said.\nHe compared BTC to other major assets such as the yuan and Japanese yen. However, he was quick to point out that major global currencies were backed by the economic power of their issuing countries and had much longer track records. “Of all the currencies, Bitcoin has the least faith,” he laughed. “Someday, it may level out and become a thing, but Jason, it’s not there.”\nHe predicts that the asset will continue to be volatile and that he wouldn’t invest in it for the same reason he wouldn’t invest in “the Iraqi dinar.” Ramsey and his co-host argue that Bitcoin is not an “investment” because it doesn’t produce cash flow. “I wouldn’t wish bitcoin investments on somebody I really dislike,” Ramsey said, perhaps proving he hasn’t changed his stance on the asset.\nWarren Buffett and his business partner, the late Charlie Munger, had a similar argument — “[Bitcoin] is a gambling token and it doesn’t have any intrinsic value,” Buffett once said.\nWith this in mind, investors may have better opportunities within asset classes that generate tangible income.\nRead more:Suze Orman says Americans are poorer than they think — but having a dream retirement is so much easier when you know these3 simple money moves\nBased on the principle that cash flow is the key to a good investment, sophisticated investors like Buffett and Ramsey have always preferred real estate and stocks.\nHowever, perhaps traditional value investors and cryptocurrency advocates can both agree that chip maker Nvidia (NVDA) provides some value. During the previous crypto bull run, Nvidia saw a boost in earnings due to a scramble for its GPU units that were ideal for cryptocurrency mining.\nNow that Bitcoin is rallying again, Nvidia could see a similar boost. However, this time the boost is supercharged by the ongoing artificial intelligence battle. Tech giants are spending billions of dollars to secure the company’s H100 chips, which are a key resource for their large language models.\nIn its most recent fiscal year, Nvidia generated $29.7 billion in net income, which means it’s profitable enough to attract the attention of traditional investors who may be skeptical of cryptocurrencies.\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• Rich young Americans have lost confidence in the stock market — and arebetting on these 3 assets instead.Get in now for strong long-term tailwinds\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", 'According to The Motley Fool Ascent\'s 2024 Cryptocurrency Investor TrendsSurvey, one of the major factors holding investors back from investing in crypto is a clear lack of utility for many top cryptocurrencies. More than a third (35%) of respondents who did not own crypto said that they "did not know what to do with it."\nFair enough. It\'s hard to see any utility whatsoever for dog-themed meme coins, and evenBitcoin(CRYPTO: BTC)is still primarily a long-term store of value that you buy and hold (and don\'t use in your everyday life). But don\'t despair, crypto investors, because there are two high-quality cryptos that offer significant utility and should definitely be on your radar if utility is your priority.\nMy top utility crypto isEthereum(CRYPTO: ETH). It offers a highly diversified blockchain ecosystem and plenty of everyday ways to put your crypto to use. For example, you could use your Ethereum to buy a non-fungible token (NFT) that has been minted on the Ethereum blockchain. You could use your crypto to participate in a decentralized finance (DeFi) protocol in order to earn extra yield on your investment. You could swap your Ethereum for another token using any of the decentralized exchanges running on the Ethereum blockchain. Or you could use your crypto to play blockchain or metaverse games built on top of Ethereum.\nYou get the idea here -- Ethereum is much more than just a coin. It also functions like a digital admission ticket that gives you access to everything that\'s happening within its blockchain ecosystem. That\'s a big deal, because Ethereum is still dominant in just about every important sector of the blockchain world. For example, Ethereum still accounts for more than half (56%) of all DeFi activity in the blockchain world and is still the unquestioned leader when it comes to NFTs. So this admission ticket is actually quite valuable.\nMy second pick isSolana(CRYPTO: SOL), which is very similar to Ethereum in terms of utility. Basically, anything you can do with Ethereum, you can do with Solana. You could use your Solana to buy NFTs minted on the Solana blockchain, play blockchain or metaverse games created on the Solana blockchain, and swap for other tokens using decentralized exchanges running on Solana.\nBut Solana has a unique mobile crypto strategy. Unlike Ethereum, Solana has a crypto phone (the Saga) that is optimized for use with the Solana blockchain. This device also offers access to mobile apps that you can\'t find on traditional smartphones. And, of course, those apps are powered by the Solana blockchain, so that creates even more opportunities for utility.\nIn some ways, these two utility cryptos are similar to utility stocks. Just like companies providing basic services such as electricity, gas, and water, these two cryptos provide basic blockchain services to users and developers. Both are known as Layer 1 blockchain networks, and both are building blocks for creating new products and new services. If utility is your priority, then you should probably focus on Layer 1 blockchains as a starting point.\nHowever, utility cryptos are very different from utility stocks in one important way -- their explosive upside potential. That\'s something you don\'t get from reliable, steady, dividend-paying stocks that provide basic services. Solana, for example,skyrocketed in value by more than 900% last year. And Ethereum is up more than 95,000% since 2015.\nImagine how much more valuable utility companies would be if they could capture just a tiny slice of all the economic activity based on their basic services. What if water companies, for example, could capture a slice of the economic value created by people using water within a household? Or if electric utility companies could capture a small slice of the economic value created by people using electricity in their kitchens, living rooms, and home offices?\nWell, that\'s exactly what happens with utility cryptos. The price of Ethereum, for example, is directly linked to the amount of economic activity happening within the Ethereum blockchain ecosystem.\nThink of the NFT market. If the size of the NFT market increases in value, so will the price of Ethereum. That\'s because, in addition to providing a basic service (the blockchain architecture needed by creators to mint an NFT), Ethereum is also able to capture a slice of all the economic activity happening on top of it (people buying and selling these digital assets within NFT marketplaces).\nThat\'s why, generally speaking, the higher the utility of the crypto, the higher the valuation. The more you can do with a crypto, the bigger its blockchain ecosystem should be. And the bigger the overall blockchain ecosystem, the greater the potential opportunity for growth.\nWhen it comes to choosing among various utility cryptos, then, take time to analyze how much activity is actually happening within these blockchain ecosystems. That could be the best way to identify the next big utility crypto ready to skyrocket in value.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $526,345!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 4, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n2 Cryptocurrency Picks If Utility Is Your Prioritywas originally published by The Motley Fool', "Iran is finding it increasingly challenging to maintain its balanced approach in the Caucasus. Fresh developments keep jiggling Tehran’s diplomatic scales.\nTwo major developments in recent years – Azerbaijan’s reconquest of Nagorno-Karabakh and Russia’s unprovoked invasion of Ukraine – created new diplomatic openings for Iran. The changed geopolitical environment has enabled Iran and Azerbaijan to smooth over what for much of the post-Soviet period had been a prickly relationship. At the same time, Iran’s traditionally tight ties with Armenia are coming under increasing strain. But both bilateral relationships remain prone to sudden twists.\nIn March, the foreign ministers of Iran and Azerbaijan, Hossein Amir-Abdollahian and Jeyhun Bayramov,meton the margins of the meeting of the Organization of Islamic Conference in Saudi Arabia,agreeingon a return of Azerbaijani diplomatic personnel to Tehran. Baku had withdrawn its diplomats after anarmed attackon the embassy in early 2023 that left an Azerbaijani citizen dead. (An Iranian court has reportedly sentenced the main suspect to death as a price for a full resumption of diplomatic ties.)\nThe diplomatic reengagement occurred not long after Baku and Tehran lanced another boil of tension,signingan agreement last fall to construct a rail link known as the Aras corridor. The route will connect mainland Azerbaijan to its Nakhchivan exclave via Iranian territory. Azerbaijan had earlier sought to build a more direct route, known as the Zangezur corridor, by securing extraterritorial rights from Armenia. Iran had opposed Zangezur out of concern it would create a barrier to Iranian-Armenian trade.\nWhile Iranian-Azerbaijani relations are presently on a roll, Iranian-Armenian ties have hit some potholes.\nOn the same day in March that the Azerbaijani and Iranian foreign ministers were restoring full diplomatic relations, Armenia’s defense minister, Suren Papikyan, visited Tehran for meetings with top Iranian officials, who delivered a firmwarningthat Yerevan should not grow too close to “extra-regional parties.” The phrasing was a clear reference to Yerevan’s recent cultivation of security ties with Western powers, including as France and United States. Armenia’s Prime Minister Nikol Pashinyanacknowledgedtensions with Tehran.\nOther geopolitical factors are pushing Tehran and Yerevan in divergent directions. First, tensions in the Middle East connected with the Israel-Hamas conflict have raised the possibility of awidening of warfareto involve Iranian allies and perhapseven Iran itself. This has prompted Tehran to hedge risks by taking steps to ensure calm on its northern border. Given Azerbaijan’s close security relationship with Israel, the last thing Iran needs is an opening of another front – all the more so as Baku’s hawkish allies in Washington and Jerusalem have consistentlysoughtto weaponize Iran’s sizeable Azeri population against Tehran.\nArmenia also has experienced a rapiddeterioration in relationswith Russia, due to the widespread perception of Armenians that Moscow failed to live up to its security commitments to Yerevan during the most recent phase of the Karabakh conflict. As a result, Armenia is striving todiversifyits foreign partners, in particular Western powers.\nArmenia’s recentlyvoicedintention to apply for membership in the European Union stands to be a lasting irritant in Yerevan’s ties to Tehran. The accession process would require Armenia to make major changes to bring its foreign policy into alignment with Brussels. Among such requirements would be the scrapping of Armenia’s visa-free regime with Iran, and the reorienting of Yerevan’s trade away from the Moscow-led Eurasian Economic Union, with which Iran has signed afree trade agreement.\nThe souring of Armenian-Russian relations sharply contrasts with Tehran’s own strengthening ties with Moscow, a trend driven in part by the development of theNorth-South trade route, which helps Russia mitigate the impact of Western sanctions. The expansion of such trade encourages closer cooperation between Iran and Azerbaijan to facilitate the transit of Russia-bound goods.\nAs two heavily sanctioned countries, Iran and Russia are drawn together by a sense of“inter-pariah solidarity”. Iran hassuppliedRussia with drones that the latter deployed against Ukraine. In exchange, Iran expects Russia to play a vital role inan upgrade of its air defense systems. In 2023, RussiaovertookChina as the main foreign investor in Iran. Conversely, prospects for Iran’s engagement with the West have diminished.\nDespite the warming Baku ties and the diplomatic knuckle-rap of Yerevan, it would be premature to assume that Tehran is intent on altering its Caucasus policy to firmly side with Azerbaijan at Armenia’s expense. Iran does not look at Caucasus geopolitics as a zero-sum game. Iranian officials, for example, still consistently voicesupportfor Armenia’s sovereignty and territorial integrity. Even as Tehran pursues normalization with Baku, Iranian officials are determined to do all they can to keep the country’s tr Last 60 Days of Bitcoin's Closing Prices:* [43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-06 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,331,803,715,550 - Hash Rate: 640501144.9474928 - Transaction Count: 433591.0 - Unique Addresses: 673290.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase Global has announced a partnership with Lightspark to integrate the Bitcoin Lightning Network, a move expected to speed up and reduce the cost of Bitcoin transactions on the platform. The collaboration will see Coinbase leverage Lightspark’s technology for key management and node hosting, enhancing the exchange’s transactional capabilities. The partnership with Lightspark allows Coinbase to address some of the most pressing issues in Bitcoin transactions, such as slow processing times and high fees. In apress release, Shan Aggarwal, Coinbase’s VP of Corporate and Business Development, expressed excitement over the partnership’s potential to break down payment barriers. The Lightning Network, a Bitcoin layer-2 protocol, is at the heart of this integration, providing quick payments that bypass the Bitcoin blockchain’s typical confirmation delays and the 10-minute block processing times.... - Reddit Posts (Sample): [['u/dat9553', 'Bitcoin will be the main store of value for the ultra wealthy', 88, '2024-04-06 00:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', "\n\n[If you're still holding the majority of your wealth in real estates or equities, you need to transfer your wealth in there to Bitcoin while you still can](https://reddit.com/link/1bwvk6c/video/kg8a74i7oqsc1/player)", 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', '1bwvk6c', [['u/Ok_Art_2874', 11, '2024-04-06 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky94jn9/', 'Uh, bitcoin will be one of the stores of wealth, but not the main one', '1bwvk6c'], ['u/nopenope12345678910', 52, '2024-04-06 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky96bkl/', 'Laughs in actually useable scarce commodities, namely Land and natural resources.\n\nLike I get it bitcoin is finite and valuable, but when you have real wealth you likely are investing in much more surer bets.', '1bwvk6c'], ['u/dat9553', 14, '2024-04-06 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky974oh/', "sure, own as much land and natural resources as you can, might be massive headache to manage and protect them since they're far easier to take away from you than 24 words.", '1bwvk6c'], ['u/nopenope12345678910', 13, '2024-04-06 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky99qr4/', 'they said ultra wealthy.... Nothing is really a headache to manage at that level, you have people for that.', '1bwvk6c'], ['u/Prestigious-Agency79', 15, '2024-04-06 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9dl1d/', 'If given the choice j would take $100M of land over $100M of anything else like 9/10 times.\n\nThat 10th time I’d probably waste it on some hookers and blow.', '1bwvk6c'], ['u/NonRelevantAnon', 10, '2024-04-06 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gega/', "I don't know 24 words are super easy to take away when you or your loved one is being tortured. Land they can't just take there are a ton of hoops they have to jump through.", '1bwvk6c'], ['u/NonRelevantAnon', 12, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gk0v/', 'You have no idea how wealthy people manage their wealth. If you do it yourself you are not ultra wealthy.', '1bwvk6c'], ['u/Proof_Supermarket_92', 41, '2024-04-06 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9o6rq/', 'The ultra wealthy and... me.', '1bwvk6c'], ['u/Ystebad', 11, '2024-04-06 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9p33z/', 'Until the govt comes confiscates it and/or taxes it to death', '1bwvk6c'], ['u/xlvi_et_ii', 12, '2024-04-06 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9tg4g/', '> $100M of land\n\n\nUntil the property taxes are due....', '1bwvk6c'], ['u/Nano_gigantic', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya0n13/', 'Real estate is always going to be in higher demand than Bitcoin. You will still need a house to live in, not matter how much adoption Bitcoin ever gets. And people are always going to want a beautiful mansion in a beach. Once you get incredibly wealthy, you want to do stuff with it, then preserve what’s left. Not the other way around', '1bwvk6c'], ['u/LionRivr', 22, '2024-04-06 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya8rma/', 'Not knocking the amazing value of tangible, physical assets such as land and natural resources, however it is arguable that Bitcoin is far more versatile than any physical asset. It can be transported more easily, requires little to no maintenance, is practically more divisible, more liquid, and can technically be converted into literally any asset you want.\n\nMaybe I have been listening to too much Michael Saylor, but for ultra-wealthy levels of wealth, BTC takes the Win for me in most situations.', '1bwvk6c'], ['u/marosszeki', 12, '2024-04-06 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyab1uo/', 'Those are the same picture', '1bwvk6c'], ['u/loblaw-bob', 11, '2024-04-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyanv13/', 'You have to look at the number of homes that are owned by people strictly for investment purposes. The number is high and growing. Once you get to the ultra wealthy they own homes with no one in them just to have assets that keep their value. But homes and properties are expensive between upkeep and taxes. They are also very illiquid. It takes a lot of time to sell a property to get liquid funds. Property is locked in physical space. Narrowing the market you can sell to, and leaving it predisposed to market fluctuations for that particular area. \n\nBitcoin offers a much cheaper way to store value. It can be accessed from anywhere. It can be transferred to anyone in the world, at any tim, 24/7. Christmas Eve at 2am, from Montana to Thailand? No problem. The bitcoin network is running and will see to the secure transaction with no limitation on amount for an extremely cheap fee (relatively). \n\nIt truly is difficult for us to wrap our heads around just how much of massive breakthrough bitcoin is in this regard. And this would be a very good thing for all people of the world. If investors start taking their money out of real estate and putting it into bitcoin the prices of homes will begin to fall dramatically. This will make homes affordable again and younger generations can start to purchase them for their real purpose: to live in. Homes becoming unaffordable is just another symptom of a broken monetary system. Bitcoin fixes this.', '1bwvk6c']]], ['u/AdventurousIceballs', 'Question about computer from 2012 that used to mine BTC', 230, '2024-04-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', 'Hello everyone. I just learned that my Dad used to mine bitcoin on an old computer that we still have. He mined from Feb 2012 to 2014. I have searched the computer for a Wallet.dat file and havent found anything. However, there is a crypto folder from 2012 that I assume is linked to the mining. In it is two other folders named "RSA" and "Keys". In these folders are a bunch of .sys System files with names of random 64 length numbers and letters. 0-9, and a-f. He said that he thinks he used an online wallet. I assume that the website no longer exists, and even if it did there\'s no way he remebers any passwords. Does anyone have any tips to try and find if there\'s any recoverable BTC? I assume that the only way to get it back is to have the private keys but I\'m not sure how to find them. I\'m sure it\'s close to nothing in USD but it would be awesome to see how much he had. Thanks! ', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', '1bwwmz3', [['u/Savik519', 155, '2024-04-06 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky8ynkd/', 'My condolences to your DMs, may they rest in peace.\xa0', '1bwwmz3'], ['u/moon-lambo-now', 389, '2024-04-06 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90ehb/', "Do not answer to any DMs, they are all about stealing your money. And do not copy-paste the keys to any website.\n\nBitcoin private keys are 64 characters long and have 0-9 and a-f. If I were you, I'd download Bitcoin Core, synchronize it with the blockchain and then tried importing the private keys there.", '1bwwmz3'], ['u/Donkeytonkers', 19, '2024-04-06 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90qag/', 'My thoughts exactly, dude just advertised to the world “I might be a multimillionaire/billionaire”. Just created more headaches', '1bwwmz3'], ['u/Ill_Personality_3705', 136, '2024-04-06 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky919th/', 'DONT OPEN ANY DMS, this is for your own good, i really hope you find 100 BTC brother, good luck!', '1bwwmz3'], ['u/AdventurousIceballs', 168, '2024-04-06 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky91ey1/', "Yeah I've already got some bot DM's. But thank you, I will try that.", '1bwwmz3'], ['u/na3than', 68, '2024-04-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky922n3/', "Bitcoin private keys are 256-bit numbers. A 256-bit number is a 64-bit hexadecimal (0-9,a-f) number. Do not share those filenames with ANYONE, and if you haven't already done so, take that computer offline NOW. There's no rush to discover what you may or may not have there, other than getting it offline where it's less of a target.\n\nTake your time and ask detailed questions in public forums such as this (not private messages; anyone who legitimately wants to help you will do it publicly) before you do anything you might regret with that computer.", '1bwwmz3'], ['u/moon-lambo-now', 83, '2024-04-06 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky92iyn/', "Also, if you happen to find a significant sum of money there, get a hardware wallet and move them there. Malware can steal crypto wallets from PC so that's a no-go. Never purchase hardware wallet from ebay/amazon etc, only directly from the manufacturer's website. (The resold/second hand device might be tampered with)", '1bwwmz3'], ['u/SmoothGoing', 12, '2024-04-06 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky93pc1/', "There's no RSA in bitcoin. You found unrelated Windows folders.", '1bwwmz3'], ['u/ucantbm', 10, '2024-04-06 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky97o0w/', 'I want to know what happen please give us News soon', '1bwwmz3'], ['u/Melodic_Gap8767', 21, '2024-04-06 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9c3v4/', 'Please make sure to give us an update on this if anything comes of it, and good luck OP!', '1bwwmz3'], ['u/KeepingThrowAway', 12, '2024-04-06 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9cngu/', 'Bro, I would go buy another hard drive and then clone the one that is in the computer. I mean, if he had like $1 back then, that would be a decent amount today! Better safe than sorry.', '1bwwmz3'], ['u/confuzzledfather', 13, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9gkes/', "First things first. Take an image of the drive. DONT work directly from a 12 year old hard drive that could fail at any moment. If no wallet file, or the key sweeping doesn't work check for pdfs, some wallets from the time like armory had you print of pdfs as paper back ups, so maybe they are still around. Use forensic tools\xa0ike Tails OS to check for deleted files. Check browser related files for histories, passwords etc for mining pools. Get access to your dad's email and search for stuff like wallet, pool, names of pools around at the time etc.", '1bwwmz3'], ['u/Mothy187', 13, '2024-04-06 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9lzu1/', "I have 40 coins from 2012 RIP on a tossed out computer. 2012 gobbled up many people's loot", '1bwwmz3'], ['u/radman430', 12, '2024-04-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9r9g8/', 'One of the first pools around in that timeframe was Slush’s Pool. It was the most popular at the time (I know because it was my first pool). I haven’t looked at it in a while, so I’m not sure if it’s still around, but it could be someplace to start.', '1bwwmz3'], ['u/zombiecorp', 74, '2024-04-06 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9rnnl/', 'I was mining in 2011. Common practice was to join a mining pool.\n\nIf your dad joined a pool ask him to check his emails for payout notices and see if the name jogs his memory. \n\nThen log into the pool and see if there are any coins. I found some when I checked all my old accounts a few years back.', '1bwwmz3'], ['u/a-noble-gas', 48, '2024-04-06 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky9tvou/', 'Hi Adventurous Ice Balls. My name is Abdul. I’m a Nigerian prince in need of your help.\n\nMy family has millions of dollars stashed away inside the United States, but we need a computer in order to access the internet. We are most familiar with computers from the 2012 era. \n\nWould you be able to send us your computer, and in return we will reward you with 25% of our family’s fortune?\n\nI will DM you with more information, and the specific address you can send your computer. We thank you for your help in these trying times.', '1bwwmz3'], ['u/One-Hunter6905', 34, '2024-04-06 06:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kya55ul/', "But I've been trying to reach him about his extended auto warranty.", '1bwwmz3'], ['u/Alfador8', 15, '2024-04-06 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kya9g4z/', 'Hard wallets are generally considered cold storage.\n\n\nGot a source for these "exploits" you\'re referring to?', '1bwwmz3'], ['u/Vegetable-Struggle30', 15, '2024-04-06 07:36', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyaagm3/', 'There was huge news about trezor wallets being exploited last year\n\nhttps://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/\n\nAlso hardware wallets and cold wallets are NOT the same thing \n\nhttps://www.ledger.com/academy/hardware-wallets-and-cold-wallets-whats-the-difference', '1bwwmz3'], ['u/Vegetable-Struggle30', 10, '2024-04-06 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyac50m/', "I linked you an article in my original response from ledger that explains the difference\n\nhttps://www.ledger.com/academy/hardware-wallets-and-cold-wallets-whats-the-difference\n\nThe whole point of a cold wallet is to remain...cold. I have a ledger and it requires me to interact with a software frontend to send/receive. If there are already known exploits for hardware wallets when they are connected then that defeats the purpose. With a true cold wallet (like a paper wallet), there's a number of vectors you can use to interact with the blockchain. I personally consider a paper wallet to be more secure because you can physically separate keys", '1bwwmz3'], ['u/tacticalpotatopeeler', 29, '2024-04-06 08:18', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyaeay4/', 'Obviously fake, not enough typos to be a REAL Nigerian prince lol', '1bwwmz3'], ['u/TechCF', 14, '2024-04-06 11:40', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kyav3sl/', 'This. I also mined early, and it was pools back then too.', '1bwwmz3'], ['u/bigdk622', 19, '2024-04-06 15:17', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/kybh77i/', 'I have 500k in bitcoin but I need $500 in Walmart gift cards in order to retrieve it. For your help, I will send you 25k when I recover the the bitcoin.', '1bwwmz3']]], ['u/Zerohourbetz', 'If you love cardsmiths and GameStop ck this post out', 37, '2024-04-06 02:08', 'https://www.reddit.com/r/Currencytradingcards/comments/1bwxhjt/if_you_love_cardsmiths_and_gamestop_ck_this_post/', 'Yall we were the ones that pulled the btc. Cardsmiths let me write our article and post it and thus far it’s been seen over 20k times.\n\nShow the company some love and video will follow soon.\n\n', 'https://x.com/defilife_ape/status/1776066770786202023?s=46', '1bwxhjt', [['u/EvilBeanz59', 10, '2024-04-06 02:21', 'https://www.reddit.com/r/Currencytradingcards/comments/1bwxhjt/if_you_love_cardsmiths_and_gamestop_ck_this_post/ky95lk8/', 'Hell ya!!!\n\nCongratulations!!!', '1bwxhjt']]], ['u/Chiliaddd', 'Neuroticism acting up. Tried so hard to convince my family to buy bitcoin.', 53, '2024-04-06 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/', '\nI entered the market in June 2021, and when Bitcoin went crazy late 2021, many people followed me after I shared my knowledge about it. However, as you can see, altcoins became popular, and I, too, was in altcoins for a bit too long. I made some crazy gains, but held slightly too long, so I also lost quite a bit of money. In March 2022, I moved all of the altcoins to Bitcoin, but by that time, no one believed me anymore. When I mentioned that I stepped out and they should too, they were surprisingly doubtful of Bitcoin and thought it was either their altcoins or no coins.\n\nFast forward a year later, I am thousands of hours deep into the hole. I know so much, yet still so frustratingly little; the current study I am nearly finishing has been almost neglected. Architecture and engineering are incredibly beautiful and important subjects, but Bitcoin just felt more interconnected with everything. More fundamental to our society. And if you don\'t believe this, it certainly is still such a no-brainer, considering gold\'s current valuation/market cap (empirical evidence) and Bitcoin outperforming gold in any characteristic seen in money (rational evidence)\n\nAnyway, you can imagine, at this point, I was trying my best to convince them. And of course... everyone around me doubted bitcoin. \n\nI tried so hard to convince my family, especially my older brother. I gave all the evidence I possibly could, I tried explaining as much as they\'d let me, showed videos about Goldman Sachs bankers discussing the asset, explained its close relevance to gold and how logically Bitcoin fits in the grand scheme of things (like the invention of the internet, the computer, the transistor, the steam engine). But also how it fits in terms of the development as money, like Rai stones, beads, grains, bronze. Even how today\'s computers already operate the digital banking space, and that Bitcoin\'s security is magnitudes greater than any bank in existence. Then I tried explaining economics, the austrian school of economics in particular. I tried explaining how the best technology usually beats its weaker competitors, I tried everything. I tried showing the technical analysis side of things, how you should view bitcoin on a logarithmic graph, how the current "risk to reward" ratio has never been better than at any point in bitcoins history, I tried fucking __everything__.\n\nOn top of that, I\'m the only highly educated person in my household, too.\n\nYet, no one believed me.\n\nReflecting on all this, and coming to the reason why it makes me sad: they all completely lost trust in my ability to define the truth. Right now, I\'ve been feeling in a low mood for quite some time, despite doing well financially. I thought I would just write it off and perhaps make something out of it that\'s worth reading. Anyway, thanks for reading and perhaps let me know your thoughts or experiences, or tell me why I was naive to do this so others can learn.', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/', '1bwxo3g', [['u/Late_Review_8761', 52, '2024-04-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky965c2/', 'You can lead a horse to water, but you can’t make them drink.', '1bwxo3g'], ['u/FrontBass3942', 12, '2024-04-06 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky982mt/', '“Do not CAST your pearls before swine”. Good advice \xa0\xa0', '1bwxo3g'], ['u/snorkage', 31, '2024-04-06 02:41', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98q2j/', 'Your problem was trying to convince people. Respect their lack of interest and move on.', '1bwxo3g'], ['u/Synsinatik', 214, '2024-04-06 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98tdy/', "Don't try to convince people to buy bitcoin. You're not a financial advisor and people should make their decisions to buy bitcoin because they themselves have looked into it and decided it is for them. If they buy because of you and it goes badly, you'll be the one to blame and pressuring or trying to convince people to spend their money in specific ways is a quick way to lose friends and alienate yourself.", '1bwxo3g'], ['u/Nyanzerfaust', 62, '2024-04-06 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky98xj0/', 'If you are the only "highly educated" person in your household guess who are they going to blame after their first -20% correction/crash if they buy. Seriously, stop doing this. You are going to lose friends and even family over an investment. It\'s not worth it. If they ask, fine! teach them, otherwise, keep quiet about your bitcoin.', '1bwxo3g'], ['u/danielllegover', 11, '2024-04-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9cenn/', 'Stop trying to convince people to buy … I don’t understand these stupid ass posts', '1bwxo3g'], ['u/drKRB', 41, '2024-04-06 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9jezz/', 'This. People have to make their own choices. Focus on your own goals.', '1bwxo3g'], ['u/TheLelouchLamperouge', 18, '2024-04-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9mz2i/', 'Put some bitcoin aside for therapy, speaking about this behavior specifically.', '1bwxo3g'], ['u/Nznemisis', 11, '2024-04-06 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9niws/', 'But this is a sentence.', '1bwxo3g'], ['u/KiwiSocialist', 85, '2024-04-06 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9tbps/', 'You’re the only “highly educated” person in your household huh buddy? You sound absolutely insufferable.', '1bwxo3g'], ['u/StockGuy12347', 14, '2024-04-06 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9w1va/', 'What you don’t get is what if they believed you and you were wrong? Nothing in life is 100%. You tried to convince them to push your own agenda. Just stack and keep to yourself.\xa0\n\nWhy is it so important here to convince to people to buy Bitcoin?\xa0', '1bwxo3g'], ['u/LongAdministrative58', 11, '2024-04-06 05:49', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/ky9yv8r/', 'Read that back and try to find the issue.', '1bwxo3g'], ['u/Latter_Box9967', 18, '2024-04-06 06:08', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/kya13hc/', 'Never give family financial advice.\n\nNever give family technical assistance with their printer. \n\nadvice like “you can get a better home loan rate here”, or “I think that’s a bad property to buy as a home because it’s a holiday rental block of apartments”, or “a car is a depreciating asset” is fine, but telling people what to buy will always be your fault if it turns sour.', '1bwxo3g'], ['u/QUEEENBEEF', 24, '2024-04-06 06:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwxo3g/neuroticism_acting_up_tried_so_hard_to_convince/kya35hi/', 'Jesus Christ you sound exhausting. At some point I wouldn’t care if you were just giving me free bitcoin that rate just shut the fuck up', '1bwxo3g']]], ['u/Fun_Paleontologist_2', 'Tell me why MSTR boys are not buying any HUT', 11, '2024-04-06 02:28', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/', 'Disclosure - I own both, in about equal proportions. A month ago I had 0% HUT. I own no BTC ETF.\n\nMSTR and HUT are both companies with a large portion of balance in BTC. \nBased on data from [https://bitcointreasuries.com/](https://bitcointreasuries.com/) \nMSTR - 214426 BTC, MC 24.4 billion, Bitcoin/MC = 0.00000878075 or 8.7 x 10\\^-6 \nHUT - 9102 BTC, MC 0.8 billion, Bitcoin/MC = 0.0000113775 or 11.3 x 10\\^-6.\n\nBoth are profitable companies (not a large player in their market cap) based on last earnings \nBoth are shorted substantially. \nHolding HUT stock actually pays out from lending out shares (interest rate 24%) vs. MSTR (interest rate 0.4%)\n\nHUT CEO stated that they are not diluting shares unlike other miners. HUT CEO has shares release based all on performance at 3 years (based on share price increase up to 300%).\n\nBased on the above it seems like a no brainer to buy some HUT. Other thoughts?', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/', '1bwxxh8', [['u/Delicious-Pay-69420', 19, '2024-04-06 02:33', 'https://www.reddit.com/r/MSTR/comments/1bwxxh8/tell_me_why_mstr_boys_are_not_buying_any_hut/ky97g84/', 'Because this group doesn’t believe in a second best', '1bwxxh8']]], ['u/yousoez4me', 'The most difficult part about knowing Bitcoin deeply', 45, '2024-04-06 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/', 'Is not talking about it to close friends and family. ( I stopped doing this thing late 2023) \n\nI am not talking about the financial gain. I am talking about the BITCOIN Core Concept.\n\nIts like ARK 100% , u know what it is, u know what will happen and no matter how much you convince them and show them evidence, its like nothing is going to work and when it does work all what they think about is financial gain.\n\nI get it. financial gain is very important and I made a good margin. But I am not happy nor I am sad and it did not change a thing about how I think about bitcoin\n\nGuyz u need to understand that there is many many many people who are willing to sacrifice 10-20% of their wealth if they can store it into something that can keep it value, imagine those people know about bitcoin. \n\nI am talking about people who keep Gold bars into basement, I am talking about people who do not trust the bank with more than 5% of their wealth since ages. \n\nBelieve me we are so so early . \n\n', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/', '1bwyjxm', [['u/DrSpeckles', 18, '2024-04-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9mxfn/', 'Actual wealthy people have seen it all before, and are perfectly happy to turn 50m this year into 55m next year. They have no need for a high risk asset. This doesn’t make them dumb, just old and wise. If in 10 years time bitcoin is still doing well they may add it into the mix.', '1bwyjxm'], ['u/mylittlegoochie', 16, '2024-04-06 05:12', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9u5v6/', 'You sound delusional and post like these makes me question Bitcoin', '1bwyjxm'], ['u/BatHistorical8081', 34, '2024-04-06 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9v3vu/', 'Lol jesus bro go outside lol', '1bwyjxm'], ['u/reality_comes', 23, '2024-04-06 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/ky9yr7r/', "1. You don't know shit about fuck. \n\nIt's best guesses and hopium.", '1bwyjxm'], ['u/Soi_Boi_13', 13, '2024-04-06 07:03', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kya75iy/', 'What does knowing Bitcoin “deeply” even mean?', '1bwyjxm'], ['u/LionRivr', 19, '2024-04-06 07:26', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kya9h1x/', 'I agree with OP. I think OP is on Michael Saylor level of epiphany and conviction. \n\nWell even then it’s not “conviction”.\n\nIt’s just straight logical. \n\nThe comments in this thread show that most people have a poor frame of reference when it comes to world history, geopolitics, and macroeconomics on a global level. You really would have to understand the problem with the current economic systems and central banks and fiat currency to really grasp a glimpse of why BTC truly is the answer to the economic cyclical problem civilizations have had for centuries.\n\nEither that or it still conflicts heavily on their 1st world viewpoint from how they were raised to everything they were told growing up. \n\nEither that or I need to go touch some fucking grass and breathe some fresh air.', '1bwyjxm'], ['u/imagine_midnight', 17, '2024-04-06 08:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kyah9vi/', 'I think it means in the biblical sense', '1bwyjxm'], ['u/YoushutupNoyouHa', 18, '2024-04-06 10:56', 'https://www.reddit.com/r/Bitcoin/comments/1bwyjxm/the_most_difficult_part_about_knowing_bitcoin/kyarlg3/', 'he touched bitcoin inappropriately', '1bwyjxm']]], ['u/SpecialistPlace6155', 'Thinking about investing $2k in Kaspa ', 33, '2024-04-06 03:04', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/', 'I found out about Kaspa in the beginning of this year by a ‘Bitcoin’ guy on YouTube I used to watch a lot, he always agreed that Bitcoin was superior and would never hold anything else, then he said this might be similar to Bitcoin in some ways? Is this true? What are there differences and similarities?Did Kaspa do better numbers in there launch than any other coin out there?Do you guys think this amount is well enough investment for a ‘long term hold’? 2-3years? This community is nice and it seems that Kaspa is a GEM🔥 \n', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/', '1bwyotj', [['u/philgustus', 14, '2024-04-06 03:17', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9dzkg/', 'Kaspa outperformed btc in 2023', '1bwyotj'], ['u/mrhaze000', 16, '2024-04-06 03:33', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9gcpk/', 'Stop thinking and LFG Kaspa is gonna explode.', '1bwyotj'], ['u/Skepticslowpoke', 14, '2024-04-06 04:08', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9la6t/', 'Buy kas, it will be the best decision of your life', '1bwyotj'], ['u/BingoBango89', 10, '2024-04-06 04:24', 'https://www.reddit.com/r/kaspa/comments/1bwyotj/thinking_about_investing_2k_in_kaspa/ky9nkxo/', "Yes, do it! I stared with 3k & have been DCAing the whole time. Will continue to do so until it doesn't make sense to do so. \n\nDo these things & decide for yourself.\n\nCheck out their website & white paper.\n\nCheck out the Kaspa discord.\n\nJoin this sub.\n\nSubscribe to the Kaspa, & Kaspa Silver YouTube channels.\n\nLearn as much as you can before pulling the trigger. I think the more you learn from doing your own research the more you'll want to buy. It's still at a fantastic price btw!", '1bwyotj']]], ['u/BellyUpFish', 'My kid just handed me $11.35..', 574, '2024-04-06 04:07', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/', 'And wants to “make money with it…”\n\n“Can I buy some Bitcoin?”\n\nSo, we started talking about it and I’m tempted to just let her throw it at Bitcoin for the heck of it, but before I did, are there any emerging Crypto’s worth looking at? 😂 ', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/', '1bwzyzh', [['u/boisvertm', 612, '2024-04-06 04:43', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9q6zt/', 'I think its a great idea to support her in throwing $11.35 into Bitcoin. It\'s not life changing money and she will learn lessons about investing. Do not get sucked into the cesspool of "emerging cryptos". Its better to support her investing ideas than to give her your own idea (another crypto).', '1bwzyzh'], ['u/BellyUpFish', 168, '2024-04-06 04:47', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9qt5f/', 'Good points. I was considering a different Crypto simply to show her the performance better since I already own Bitcoin, measuring the performance of $11.35 would be a math lesson as well, I guess. 😆', '1bwzyzh'], ['u/No-namebandit', 68, '2024-04-06 04:48', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9qya2/', 'Nice my youngest 10 y F she puts 10$ a week 1/2 her allowance into bitcoin…has her own wallet in all', '1bwzyzh'], ['u/BellyUpFish', 29, '2024-04-06 04:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9r443/', 'I should really set my kids up with their own wallets.', '1bwzyzh'], ['u/SeoulGalmegi', 278, '2024-04-06 05:36', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9x9ld/', 'Put her 11.35 into Bitcoin and invest 11.35 of your own in a different crypto, and compare at regular intervals.', '1bwzyzh'], ['u/oscillato', 10, '2024-04-06 05:44', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9ya1q/', "Tell her to buy ETH, it is better for the environment as a transaction ledger compared to Bitcoin. If I'm not mistaken, Bitcoin can fundamentally never become as low in emissions because they are married to the proof-of-work model.\n\nYou should also tell her that cryptocurrency is a volatile asset and should never make up more than 10% of an investment portfolio.", '1bwzyzh'], ['u/potificate', 13, '2024-04-06 05:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/ky9ysex/', 'Absolutely… if possible, maybe even set up a joint account on an exchange to teach her all the mechanics of investing. Maybe even match her investments as a show of support.', '1bwzyzh'], ['u/neglectyourhair', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya0ndl/', 'The kid might be too young to do ether', '1bwzyzh'], ['u/JrSmithsHenny420', 88, '2024-04-06 06:10', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya1ct3/', 'Match their investment as long as they promise to invest once a month and you’ll continue to match', '1bwzyzh'], ['u/bobtheorangutan', 13, '2024-04-06 06:42', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya4xsq/', 'Meth then', '1bwzyzh'], ['u/Criss_Crossx', 93, '2024-04-06 06:49', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya5pmv/', "In addition I would throw something like $100 in on her behalf to a secondary account without mentioning it. Keep a wallet you invest in for her future.\n\nThat is, anything additional you decide. Could be a different type of investment account or S&P500 too, up to you.\n\nMy parents saved some money for me, which paid for a computer, 1 semester of college, and a cheap car. Looking back I wish I had managed those funds better. Wish they didn't just hand it over without some reasonable terms.", '1bwzyzh'], ['u/creeperstew', 39, '2024-04-06 07:11', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kya7yes/', 'This is the only way I believe that the child will see value in investing at first, otherwise they would quickly lose interest in putting their money away', '1bwzyzh'], ['u/Usual_Leading279', 11, '2024-04-06 07:44', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyab845/', 'Your child comes to you for investment advice and you want to buy shitcoins with her money!', '1bwzyzh'], ['u/getwreckednoob13', 20, '2024-04-06 10:05', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyanixs/', "You either win or lose all your money at the casino. You're not going to lose all your money in bitcoin. Bitcoin is cyclical. It will have a major bull run and a major bear market. But in the long run, it always go higher in price.", '1bwzyzh'], ['u/friendlyfitnessguy', 35, '2024-04-06 13:19', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyb3jyd/', "How the hell are some people so mature? Both your parent's for saving you money, and you for spending it properly. Kudos all-round.", '1bwzyzh'], ['u/PayPerTrade', 27, '2024-04-06 15:18', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kybha7f/', 'Computer, college, car - that’s not frivolous spend for a young adult getting on their feet', '1bwzyzh'], ['u/GoldAcrobatic', 93, '2024-04-06 15:21', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kybhoun/', 'If my parents let me do that when I brought it up to them in 2013 my life would be so much better.', '1bwzyzh'], ['u/vlosh', 10, '2024-04-06 18:09', 'https://www.reddit.com/r/Money/comments/1bwzyzh/my_kid_just_handed_me_1135/kyc7s6b/', "Wanted to buy 2BTC when they were at $500 and asked for my FIL's credit card because I didnt have one. I had the money in cash to give to him immediately, of course, but he said he didnt think BTC was legit and I would never get the money back so he wouldnt let me invest it. :(\n\nWell, we always need to keep in mind that we probably wouldnt have held it til now. I'd likely have held it for a while, but not past $5k per coin. $10k would be nice to have, but not life changing!", '1bwzyzh']]], ['u/Mrshanesilver', 'So Bitcoin can go from $1 to $70,000 but….', 173, '2024-04-06 04:53', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/', 'There are people who think if silver does a 10X to $250 it means the world has collapsed. The media has done their job that is a certainty. Not only does $250 silver not portend a world ending event, $250 would still be below the fair value. Let’s call silver a widget. If there are only so many widgets in the world and more people want one than exist the only direction for price is up. That’s economics 101. Now if EVERYBODY wants a widget the price will be whatever the owner decides. Of course if an unlimited amount of paper widgets are created the price will be held in check. Once people catch on they aren’t getting one and demand delivery of the physical item there is no holding price back. ', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/', '1bx0wju', [['u/New_WRX_guy', 15, '2024-04-06 05:11', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9tys9/', 'Silver is a real asset with known uses and a long price history.\n\nBitcoin is a meme/gambling e-token with no real world usage. It has both more upside and downside than silver.\xa0', '1bx0wju'], ['u/beachdreamer1', 19, '2024-04-06 05:14', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9ucto/', "Agreed. When silver shot up to $50 (10x what I paid for some of mine) in 2011 the world didn't collapse and most people didn't even notice. Silver going to $250 will be similar but may get more attention.", '1bx0wju'], ['u/The_og_habs729', 10, '2024-04-06 05:26', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9vx9h/', 'If silver even goes 5x the banking system blows. Jp morgan has made so much paper silver.', '1bx0wju'], ['u/The_og_habs729', 17, '2024-04-06 05:27', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9w25l/', 'The only reason it stopped wss jp morgan introduced a whole bunch of paper silver.', '1bx0wju'], ['u/VeryQuiet1', 11, '2024-04-06 05:30', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/ky9wefl/', 'There’s 1.7 million metric tons of your widgets . And they continue to produce more daily .', '1bx0wju'], ['u/PreciousMetalRefiner', 13, '2024-04-06 06:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kya0ief/', 'Not really, much of it is recycled, ask me how I know.', '1bx0wju'], ['u/PortelloKing', 50, '2024-04-06 06:20', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kya2i9h/', "You seem to be forgetting that Bitcoin has no physical use in the real world. On the other hand, silver is used in almost every electronic device in the world. So yes, a high silver price would be a problem for the entire economy. But high Bitcoin doesn't impact anything in the world physically.", '1bx0wju'], ['u/Additional_Ad_4049', 11, '2024-04-06 07:53', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyac3or/', 'That’s pure speculation, I doubt silver going to $150 would blow up the banking system. If it did, that’d be awesome because the banks should’ve gone under in 2008 and they are corrupt as hell.', '1bx0wju'], ['u/OvulatingAnus', 11, '2024-04-06 08:17', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyae948/', 'If silver is so valuable in modern society why is the price so low? Besides, modern electronics use a miniscule amount of silver.', '1bx0wju'], ['u/fs1987', 36, '2024-04-06 09:33', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyaktxy/', "Everyone always brings this up. But I dont buy it. There is apparently 0.34g of silver in an iPhone for example. \n\nFor the sake of being conservative. Assume there is 1gram of silver in some electronic item. At today's price thats 0.87 usd per gram. If silver went 10x as you say (I agree it should), that electronic item will now cost the company 8.7 usd more to produce. Would you not still buy that product if they increased the value by 10 usd? Ofcourse you would.\n\nSo really price of silver is negligible in electronic costs comparing it to inflation or maybe increase in oil prices etc...\n\nThe big factor is when silver goes up in price it would mean most likely in the short term, that demand is much higher than supply. And hence companies wouldn't be able to produce goods or would need to find alternatives/substitutes to silver (cheaper ones) due to having a hard time sourcing the metal.\n\nHence why we gonna be diamond hands till the price stabilizes at fair value. \n\nMy 2 cents", '1bx0wju'], ['u/mementoil', 10, '2024-04-06 12:11', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kyaxnqg/', "An average smartphone contains about 100mg of silver, which costs about 8.8 US cents at today's price. If the price goes to $250 an ounce, that silver would cost 80 cents. Still a negligible sum compared to the price of the device.", '1bx0wju'], ['u/jons3y13', 15, '2024-04-06 14:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybdrxg/', "Seems we have no problem putting hundreds of pounds of silver and every rare earth and blowing it up. Too bad if 500 silver is an inconvenience. Look at cocoa right now. I still see chocolate everywhere. Frankly, I give 2shits if everything electronic cost 25 dollars more. Time for Americans to realize the end of cheap everything is here. Prepare accordingly, or don't. Plant a garden too. NA", '1bx0wju'], ['u/outta_options', 11, '2024-04-06 15:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybfalw/', 'Wonder what the slogan we be when we start eating ze bugs in exchange for dietary units', '1bx0wju'], ['u/GuardBackground4010', 13, '2024-04-06 16:17', 'https://www.reddit.com/r/Wallstreetsilver/comments/1bx0wju/so_bitcoin_can_go_from_1_to_70000_but/kybplz0/', 'Just buy silver and shut up', '1bx0wju']]], ['u/Berlin_2256982137', 'Med Beds Skye Prince', 403, '2024-04-06 05:07', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/', 'Oh man I’ve got a doozy of a story on this one.\nToday I have gotten into contact with Skye Prince and found out some information about this whole thing works. I pretended to be someone requesting information and med bed services. I gave a fake name and info. She requested money from me for registration fee and $9000 fee for the first service. It would’ve costed more but she wanted to help me and gave me a deal 😉 I spent the day leading on this person, troubles with bitcoin and then requesting her info for a money transfer which was provided. She gave me an address and phone number and banking information which I was supposed to send the money to. By this time I was ready for the jig to be up…. But that’s when it really started. I told her that there was a man from the bank named cliff that wanted to talk to her to prove the legitimacy of the transaction (all fake obv) well she wouldn’t talk and refused to saying she was live on the air. Anyways I called the number and reached someone totally different. Turns out it was the number of a woman who was in her grasp and being manipulated by her. I had a 2 hour phone call and learned that Skye had gotten $21k from her since Dec 2021. We talked and I got phone numbers who she was in contact with and were caught up either scamming others or being scammed themselves, it reaches from San Diego, Toledo, Missouri, Denver, Geneva Switzerland, Portugal, southern Spain and Australia so far. I want to try and get information and follow the clues to uncover this person and stop them from taking money from vulnerable people.\nBtw the banking information Skye gave me was to the scammed woman’s bank account. Bank is being contacted and I have explained that this woman needs to report all information she has and to switch her accounts. If anybody has uncovered anything please send me a message\n\nThanks ', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/', '1bx16nc', [['u/ahhh_ennui', 150, '2024-04-06 06:00', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya06s4/', "That's amazing. GOOD FUCKING JOB!", '1bx16nc'], ['u/Oddityobservations', 66, '2024-04-06 06:25', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya2zp4/', 'It is saddening to consider how much she may have stolen.', '1bx16nc'], ['u/numb3r5ev3n', 105, '2024-04-06 07:05', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya7dbk/', 'Social Engineering for goodness.\n\nThis is amazing work. Skye needs to be shut down.', '1bx16nc'], ['u/Wooderson316', 17, '2024-04-06 07:07', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya7j8r/', 'I appreciate your courage.', '1bx16nc'], ['u/aquantityofwater', 11, '2024-04-06 07:15', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya8dsq/', 'Holy shit! Great work so far!!', '1bx16nc'], ['u/AnimalMommy', 33, '2024-04-06 07:16', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kya8gsv/', 'I bow to you. You are a hero. Thanks for your good work. We need more people finding these grifters and taking them down.\n\nHow many innocents must have lost their savings to this grifter. So sad.', '1bx16nc'], ['u/SeashellGal7777', 14, '2024-04-06 07:38', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyaan7i/', 'Excellent! We need to infiltrate all of their social media and scams. I’m in!', '1bx16nc'], ['u/bigwhaleshark', 24, '2024-04-06 07:38', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyaanhz/', "She gave the contact info of another mark to someone she thought she was grifting?? She must really think she's untouchable. Hopefully she sees a jail cell in the future.", '1bx16nc'], ['u/Nerpy_Derpster', 64, '2024-04-06 07:43', 'https://www.reddit.com/r/Qult_Headquarters/comments/1bx16nc/med_beds_skye_prince/kyab4cn/', "Good work. \n\nHowever, be aware that there are also a lot of people impersonating Skye Prince.\n\nDon't get me wrong, I think Skye is either mentally ill or preying on desperate people (heck, why not both?) But there are also many others out there in cashing in on her name.\n\nBringing any of them down can only be a good thing. It's a bit like battling a hydra, though ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Attendance is down, but enthusiasm is up at Hong Kong\'s Web3 Festival this year amid sky-high bitcoin prices that have helped draw in an even greater proportion of overseas participants compared with last year.\nThe vast majority of participants - an estimated 80 per cent - came from outside Hong Kong, said Deputy Financial Secretary Michael Wong Wai-lun on Saturday in his opening remarks. The 2024 conference has seen more exhibitors from Europe and the US specifically, according to Lu Weiding, CEO of Wanxiang Group, which owns the event organiser HashKey Group.\nAs Hong Kong forges ahead with its push to transform into a major crypto hub, it has been attracting more Web3 events to the city and trying to bring in big-name speakers. Investor Cathie Wood, founder of US funds manager ARK Invest, was the most high-profile speaker at this year\'s Web3 Festival, although she dialled in remotely for a video chat. She praised Hong Kong\'s regulatory efforts and suggested the US is lagging behind.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane alt=ARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane>\n"We are very impressed with what [Hong Kong] has done in providing a comprehensive regulatory framework for exchanges and institutions from a custody point of view," Wood said in an onstage interview with HashKey Capital. "This regulatory clarity is critical, we think, to enabling the proliferation of the technology faster perhaps in Hong Kong than in the United States."\nWood encouraged businesses in Hong Kong to take advantage of existing regulatory arbitrage as a "global opportunity". She also offered an extremely optimistic view of where the price of bitcoin is headed: US$1.5 million by 2030. Its record price was more than US$73,000 on March 13 and currently sits around US$68,000.\nThis year\'s Web3 Festival started shortly after the conclusion of the WOW Summit and the Liquidity 2024 Institutional Digital Asset Summit, which both dealt with crypto-related topics. Even more events are planned for later this year.\nMay will see both Wiki Finance Expo and Bitcoin Asia, and Chainlink will host its SmartCon event in Hong Kong in October. CoinDesk - recently acquired by crypto exchange Bullish, which has strong ties to the city - will bring its major Consensus conference to Hong Kong next year.\nStill, the flood of events risks dividing attention, especially with so many other major events taking place in other locations. Token2049 - which holds its flagship event in Singapore and once took place in Hong Kong - is hosting its Dubai conference in two weeks. Paris Blockchain Week is also this week, and ETH Seoul was the last three days of March.\nWith other events clustered so closely together, the Web3 Festival was smaller in scale than last year, which happened a few months after Hong Kong announced it\'s big crypto push.\nThe event this year covers less area in the Convention and Exhibition Centre in Wan Chai, and it has fewer exhibitors, according to HashKey Exchange CEO Livio Weng. However, the event has more sponsorship revenue than last year, and there are more side events, he said.\nHong Kong has maintained its commitment to trying to draw the crypto industry to the city after a number of high-profile scandals and collapses in 2022 and 2023. A mandatory licensing scheme that took effect last year was meant to provide regulatory clarity to make the market more attractive. It has drawn24 applicants so far.\nThe city is also moving toregulate stablecoinsandover-the-counter cryptocurrency shops. Many are anticipating the approval of spot bitcoin ETFs, as well.\n"Hong Kong remains the most exciting global opportunity anywhere for a firm wanting to build a virtual assets business or invest in virtual assets," said Sean Lawrence, head of Asia-Pacific at crypto data provider Kaiko. The city\'s advantages include supportive and clear policy directives, a talent pool with experience in traditional finance, and capital to be allocated to virtual assets, he added.\nHowever, he noted that entrepreneurs and investors should be "prepared to commit significant time, money and effort", which are necessary to build consumer-protected, sustainable businesses in Hong Kong.\nThis article originally appeared in theSouth China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore theSCMP appor visit the SCMP\'sFacebookandTwitterpages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved.\nCopyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Investors should keep their eyes on these bestpenny stocksto buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.\nAnother great thing is that these companies often have tiny market caps and cheap valuations, so the prospects of hitting a multi-bagger is perhaps the highest for these types of investments.\nOf course, the flip side is that many penny stocks also carry a heightened risk of failure, as these smaller companies may lack the resources, management expertise, or competitive advantages to sustain long-term growth.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith that said, here are seven of the best penny stocks to buy for April. These companies have that magic mix of advantages and low valuations that make them attractive for investors of various risk tolerances and time horizons.\nSource: Postmodern Studio / Shutterstock\nTaboola(NASDAQ:TBLA) operates in the online advertising space, having gained recognition for its content recommendation platform and its deal withNBCUniversal News Group.\nI believe that TLBA could be one of those best penny stocks to buy in April for a few different reasons. Analystsview TBLA’s future positively, expecting a 33% revenue growth in 2024 to nearly $2 billion. A $100 million share buyback program has also been authorized.\nThe company itself isforecasting substantial growthacross key metrics. The company expects revenue from its main operating segments to grow by 25% compared to 2023, with adjusted EBITDA expected to exceed $200 million and free cash flow projected to surpass $100 million.\nTBLA could be a great pick for investors who want to invest in a developing advertising company without paying for a steep valuation. Therefore, it’s one of those best penny stocks to buy in April.\nSource: Shutterstock\nNew Gold(NYSE:NGD) is a Canadian-based gold mining company with multiple projects.\nGold has always been a favorite of mine as a precious metal to invest in due to its lack of correlation with traditional risk assets, but NGD stands as a promising penny stock to invest in on its own while preserving some of Gold’s uncorrelated properties.\nThe company has a number of investments planned for this year. These investments are expected to underpin free cash flow generation,with a notable increasein gold production projected at the Rainy River Mine to between 250,000 and 280,000 ounces.\nFinancially, NGD’s performance in2023 laid a strong foundation, with revenue growing to $786.5 million from the previous year. The increase was primarily driven by higher sales volumes and gold prices, although partially offset by lower copper prices.\nNGD could then be a great option for those who want exposure to precious metals.\nSource: naulicrea / Shutterstock.com\nBit Digital(NASDAQ:BTBT) is engaged in the cryptocurrency mining sector, focusing onBitcoin(BTC-USD) production.\nBitcoin will continue to be a strong winner in my opinion, and I think that after a pullback this April following the upcoming halving event, it could continue its rapid capital appreciation as institutional investment continues to pour into it. Small miners like BTBT could then lend themselves to significant returns.\nIn 2024, BTBT plans to focus on enhancing itsEthereum(ETH-USD) treasury holdings through the conversion of mined bitcoin into ETH for staking. For January 2024, BTBT reported the production of 145.7 BTC, a decrease from the previous month, with an active hash rate of approximately 2.50 EH/s.\nThe company’s digital asset holdings, including BTC and ETH, were valued at approximately $74 million, with cash and equivalents of $22.6 million. BTBT’s staked ETH earned a blended APY of about 3.69%, yielding approximately 38.7 ETH in rewards for the month.\nThis backdrop and its war chest of crypto make it one of the best penny stocks to buy in April.\nSource: Wright Studio / Shutterstock.com\nFuture FinTech Group(NASDAQ:FTFT) works in the blockchain and fintech industries catering to a global clientele in the e-commerce sector.\nThe company’s main business includes an online shopping platform, Chain Cloud Mall (CCM), based on blockchain technology. FTFT has expanded into financial services and cryptocurrency market data services.\nFor the third quarter of 2023,FTFT reported an earnings per shareof negative 16 cents marking a 36% improvement compared to the same period the previous year, where the EPS was negative 25 cents The total earnings for the quarter were approximately -$2.49 million.\nThe reason I think FTFT could be a long-term winner is that its CCM platform is one of the most disruptive in the industry, andgives people an alternativeto the big name brands. The fintech industry is expanding rapidly, and I believe that investors should have exposure to this sector for long-term gains.\nSource: casa.da.photo / Shutterstock.com\nGerdau(NYSE:GGB) is a steel producer with operations spread across various sectors such as civil construction and automotive. The steel industry heavily relies on the health of the Chinese economy to fuel its expansive construction projects.\nI’m bullish on China, notwithsanding some short-term setbacks, as it hasnow shown some signs of recovery.\nThe companyclosed the second quarterof 2023 with an adjusted EBITDA of $3.8 billion, marking one of its best historical results for the period, despite a slight decrease in shipments of steel.\nDespite this, GGB’s P/E ratio is below the US market average, indicating good value compared to peers and industry.\nGGB stock is then one of those best penny stocks to buy due its valuation, as well as the fact that it gives investors some indirect exposure to China’s continued rise as an emerging economy through its healthy appetite for steel.\nThe projected one-year price target suggests a potential upside of 19.16% from its current price, setting the target at $5.10.\nSource: JHVEPhoto / Shutterstock.com\nGenworth Financial(NYSE:GNW) is an insurance holding company offering products like mortgage insurance and long-term care insurance.\nIn the fourth quarter of 2023, GNWexperienced several financial shifts, notably in its long-term care insurance and life and annuities sectors.\nThe company reported an adjusted operating loss of $151 million in long-term care insurance, a decrease from a $204 million income in the same quarter of the previous year.\nIt also announced a significant $350 million share repurchase authorization in July of the previous year. GNW plans to invest approximately $35 million in 2024 in CareScout services, aiming to drive long-term growth for its offerings.\nI think that GNW could be one of those penny stocks to buy in April, primarily due to management’s strong conviction that its shares are undervalued, evidence through the share repurchase, as well as being n undervalued insurance company in its own right when compared with its peer companies.\nSource: Postmodern Studio / Shutterstock\nTransocean(NYSE:RIG) is a major player in deep-water and ultra-deep-water drilling with a global operational footprint.\nRIG entered 2024 on asomewhat positive note, with a narrowed net loss in Q4 2023 and a robust backlog. RIG reported an adjusted EBITDA of $122 million and a margin of 16.3%.\nThe company’s backlog stood at $9.01 billion. Meanwhile, its management noted the addition of $3.2 billion to the backlog during the quarter and highlighted the delivery and commissioning of two eighth-generation drillships.\nThis backdrop is enough for me to recommend RIG and one of the best penny stocks for investors to scoop up in April this year.\nThe stock has also seen an increase in value, rising 5% from the start of 2024 to the recent trading price. Analysts set a 12-month price target with an average expectation of $8.06, indicating a potential upside of around 20.9% from its current trading level\u200b.\nOn the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to theInvestorPlace.com Publishing Guidelines.\nMatthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe 7 Best Penny Stocks to Buy in April 2024appeared first onInvestorPlace.', "New York City, NY, April 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) and Ethereum (ETH) find themselves locked in a struggle to regain their footing amidst market uncertainties, while an emerging player,Furrever Token (FURR), steals the spotlight with its remarkable presale success. Despite Bitcoin and Ethereum's challenges, characterized by fluctuating prices and ongoing recovery efforts, Furrever Token's rapid ascent, amassing over $660,000 within a month, underscores the shifting dynamics in the crypto landscape. As investors navigate through these contrasting trajectories, the rise of Furrever Token signals a potential paradigm shift, offering a compelling narrative of innovation and opportunity in the ever-evolving digital asset space.\nBitcoin Struggles for Recovery Amidst Market Challenges\nBitcoin (BTC), the pioneering cryptocurrency, continues to grapple with recovery efforts amidst a challenging market landscape. With the current price hovering around $66,670, representing a modest 1% increase from yesterday's levels, BTC finds itself trapped in a struggle to regain momentum. Following its meteoric rise to record highs exceeding $73,000 in March, Bitcoin has encountered a period of consolidation within a narrow trading range.\nThis downtrend aligns with broader market weaknesses observed in the U.S. stock market and other risk-driven assets at the onset of the second quarter. The waning capital inflows into recently approved Bitcoin exchange-traded funds (ETFs) further underscore a subdued sentiment prevailing in the crypto space. While ETF approvals served as a catalyst for Bitcoin's earlier bullish trajectory, diminishing enthusiasm suggests a loss of momentum in this trend. Market attention now pivots towards the impending release of nonfarm payroll data, slated for later in the week, which is poised to influence U.S. interest rate expectations. A scenario of sustained or elevated interest rates could potentially dampen Bitcoin's prospects, given its historical preference for low-rate, high-liquidity environments. As Bitcoin navigates these headwinds, its ability to reclaim upward momentum remains contingent on prevailing market dynamics and macroeconomic factors.\nEthereum Struggles to Break $3,440 Resistance\nIn the cryptocurrency markets, Ethereum (ETH) faces turbulent conditions as it struggles to surpass the $3,440 resistance level. Currently trading around $3,272, ETH encounters challenges in breaching this crucial threshold. However, recent trends indicate a potential for further downside if Ethereum continues to trade at lower levels, particularly if it breaks below the $3,250 support level. Ethereum finds itself locked in a battle to ascend above the $3,370 and $3,440 levels, yet it trades below the $3,380 level and the 100-hour Simple Moving Average.\nA closer examination of the ETH/USD pair's hourly chart reveals a significant break below the crucial uptrend line below the $3,300 support. Consequently, the possibility of increased losses should not be overlooked if there's a closure below the $3,250 support region. While Ethereum recently witnessed a recovery wave above the $3,300 and $3,320 levels akin to Bitcoin, attempts to breach the $3,400 level have been met with resistance from bears near the $3,440 region.\nAlthough a new high formed around $3,443, a significant break below the major uptrend line below the $3,300 support was observed on the hourly chart. This development tempered gains, prompting a retest of the $3,250 support, with prices dipping to $3,253 before consolidating current losses. As Ethereum navigates these price fluctuations, its ability to sustain upward momentum hinges on overcoming key resistance levels and maintaining crucial support zones.\nUnveiling Furrever Token (FURR): How It Attracts Investors with Over $660,000 Raised and Up to 15X Returns!\nFurrever Token (FURR)continues to captivate investors' attention and has emerged as a compelling investment opportunity in the volatile cryptocurrency market. Despite the market's fluctuations, FURR has demonstrated remarkable resilience, attracting significant interest and amassing over $660,000 in funds within just a month. The project's allure lies in its innovative approach to combining cryptocurrency with elements of cuteness and community engagement, setting it apart from traditional blockchain ventures.\nAt the heart of Furrever Token's appeal is its unique vision to revolutionize the crypto space by infusing it with an irresistible dose of charm and whimsy. Unlike many serious blockchain projects, FURR embraces a lighthearted approach, leveraging the universal appeal of adorable cat imagery to create a delightful user experience. By integrating cute cat-themed stickers, emojis, and visuals into its ecosystem, FURR fosters a sense of camaraderie and shared joy among its community members.\nMoreover, Furrever Token offers more than just a novel aesthetic experience; it presents tangible opportunities for investors to reap significant returns on their investments. With up to 15X returns on offer and over $660,000 raised in a month, FURR's presale success underscores the growing confidence and interest among investors. The tokenomics of FURR, including its allocation structure and potential for exponential growth, further contribute to its attractiveness as an investment asset.\nAdditionally, Furrever Token boasts a vibrant and active community characterized by enthusiastic participation and robust engagement. The project's commitment to fostering a warm and friendly atmosphere has cultivated a loyal following, driving interest and excitement surrounding FURR's development and future prospects. As for its current price, FURR is trading at $0.00048, reflecting its growing popularity and investor confidence in its long-term viability. With its vibrant community, promising returns, and unique approach to cryptocurrency, Furrever Token stands out as a promising player in the ever-evolving crypto landscape.Don’t Wait! Discover the Most Exclusive Presale Opportunity of 2024!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]\nCONTACT: Robert Smith Furrever Token support at furrevertoken.com", "New York City, NY, April 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) and Ethereum (ETH) find themselves locked in a struggle to regain their footing amidst market uncertainties, while an emerging player,Furrever Token (FURR), steals the spotlight with its remarkable presale success. Despite Bitcoin and Ethereum's challenges, characterized by fluctuating prices and ongoing recovery efforts, Furrever Token's rapid ascent, amassing over $660,000 within a month, underscores the shifting dynamics in the crypto landscape. As investors navigate through these contrasting trajectories, the rise of Furrever Token signals a potential paradigm shift, offering a compelling narrative of innovation and opportunity in the ever-evolving digital asset space.\nBitcoin Struggles for Recovery Amidst Market Challenges\nBitcoin (BTC), the pioneering cryptocurrency, continues to grapple with recovery efforts amidst a challenging market landscape. With the current price hovering around $66,670, representing a modest 1% increase from yesterday's levels, BTC finds itself trapped in a struggle to regain momentum. Following its meteoric rise to record highs exceeding $73,000 in March, Bitcoin has encountered a period of consolidation within a narrow trading range.\nThis downtrend aligns with broader market weaknesses observed in the U.S. stock market and other risk-driven assets at the onset of the second quarter. The waning capital inflows into recently approved Bitcoin exchange-traded funds (ETFs) further underscore a subdued sentiment prevailing in the crypto space. While ETF approvals served as a catalyst for Bitcoin's earlier bullish trajectory, diminishing enthusiasm suggests a loss of momentum in this trend. Market attention now pivots towards the impending release of nonfarm payroll data, slated for later in the week, which is poised to influence U.S. interest rate expectations. A scenario of sustained or elevated interest rates could potentially dampen Bitcoin's prospects, given its historical preference for low-rate, high-liquidity environments. As Bitcoin navigates these headwinds, its ability to reclaim upward momentum remains contingent on prevailing market dynamics and macroeconomic factors.\nEthereum Struggles to Break $3,440 Resistance\nIn the cryptocurrency markets, Ethereum (ETH) faces turbulent conditions as it struggles to surpass the $3,440 resistance level. Currently trading around $3,272, ETH encounters challenges in breaching this crucial threshold. However, recent trends indicate a potential for further downside if Ethereum continues to trade at lower levels, particularly if it breaks below the $3,250 support level. Ethereum finds itself locked in a battle to ascend above the $3,370 and $3,440 levels, yet it trades below the $3,380 level and the 100-hour Simple Moving Average.\nA closer examination of the ETH/USD pair's hourly chart reveals a significant break below the crucial uptrend line below the $3,300 support. Consequently, the possibility of increased losses should not be overlooked if there's a closure below the $3,250 support region. While Ethereum recently witnessed a recovery wave above the $3,300 and $3,320 levels akin to Bitcoin, attempts to breach the $3,400 level have been met with resistance from bears near the $3,440 region.\nAlthough a new high formed around $3,443, a significant break below the major uptrend line below the $3,300 support was observed on the hourly chart. This development tempered gains, prompting a retest of the $3,250 support, with prices dipping to $3,253 before consolidating current losses. As Ethereum navigates these price fluctuations, its ability to sustain upward momentum hinges on overcoming key resistance levels and maintaining crucial support zones.\nUnveiling Furrever Token (FURR): How It Attracts Investors with Over $660,000 Raised and Up to 15X Returns!\nFurrever Token (FURR)continues to captivate investors' attention and has emerged as a compelling investment opportunity in the volatile cryptocurrency market. Despite the market's fluctuations, FURR has demonstrated remarkable resilience, attracting significant interest and amassing over $660,000 in funds within just a month. The project's allure lies in its innovative approach to combining cryptocurrency with elements of cuteness and community engagement, setting it apart from traditional blockchain ventures.\nAt the heart of Furrever Token's appeal is its unique vision to revolutionize the crypto space by infusing it with an irresistible dose of charm and whimsy. Unlike many serious blockchain projects, FURR embraces a lighthearted approach, leveraging the universal appeal of adorable cat imagery to create a delightful user experience. By integrating cute cat-themed stickers, emojis, and visuals into its ecosystem, FURR fosters a sense of camaraderie and shared joy among its community members.\nMoreover, Furrever Token offers more than just a novel aesthetic experience; it presents tangible opportunities for investors to reap significant returns on their investments. With up to 15X returns on offer and over $660,000 raised in a month, FURR's presale success underscores the growing confidence and interest among investors. The tokenomics of FURR, including its allocation structure and potential for exponential growth, further contribute to its attractiveness as an investment asset.\nAdditionally, Furrever Token boasts a vibrant and active community characterized by enthusiastic participation and robust engagement. The project's commitment to fostering a warm and friendly atmosphere has cultivated a loyal following, driving interest and excitement surrounding FURR's development and future prospects. As for its current price, FURR is trading at $0.00048, reflecting its growing popularity and investor confidence in its long-term viability. With its vibrant community, promising returns, and unique approach to cryptocurrency, Furrever Token stands out as a promising player in the ever-evolving crypto landscape.Don’t Wait! Discover the Most Exclusive Presale Opportunity of 2024!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]\nCONTACT: Robert Smith Furrever Token support at furrevertoken.com"]... Last 60 Days of Bitcoin's Closing Prices: [44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-07 Financial & Commodity Data: - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,368,071,410,875 - Hash Rate: 702485126.7166051 - Transaction Count: 526130.0 - Unique Addresses: 652726.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks rose Thursday but the S&P 500 fell just shy of the 5,000 milestone. • Investors continue to take in better-than-expected earnings and fresh Fed comments. • Shares of the chip-maker Arm saw a massive 64% rally after it reported earnings results. US stocks ended higher Thursday, with the S&P 500 closing just below the key milestone of 5,000. Investors continue to take in strong earnings, with the majority of companies beating expectations so far in the latest cycle. That strength in equities should continue on the back of upbeat economic data and theincreasing odds of a "Goldilocks" scenario, according to a note from UBS strategists. "[R]ecent economic data have highlighted the potential for a period of continued stronger growth, tame inflation, and swifter monetary easing," the Swiss bank said. In this event, we believe the S&P 500 has the potential to rise to around 5,300 this year." Shares ofDisneyjumped double-digits Thursday following promising guidance from the company for the year ahead.Bob Iger's new dealswith Taylor Swift and Epic Games encouraged investors who have been monitoring his battle with activist shareholders. Chip maker Arm, meanwhile, surged 64% after the company's earnings release shed light on itsexposure to the growing AI industry. After markets close Thursday, investors will watch for results from Expedia, Take-Two Interactive, and Affirm. Treasury yields inched higher following a large auction of 30-year government bonds, which came a day after an auction of 10-year Treasurys. The sales were met with strong demand despite concerns of oversupply. Those moves come ahead of Friday's consumer price index revisions, which will provide more insight into whether the Fed has a handle on inflation. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:4,997.96, up 0.06% • Dow Jones Industrial Average:38,726.13, up 0.13% (+48.77 points) • Nasdaq Composite:15,793.71, up 0.24% Here's what else is going on: • China's deflation problemkeeps getting worse. • Passive investors have "fundamentally broken" the market, hedge fund billionaireDavid Einhornsaid. • A market veteran saidthe data that's fueled the stock marketrally is now reversing. • An energy minister saidoil prices would doubleif India didn't trade with Russia. • Here's why the S&P 500 keepscrushing record highsin 2024. • Cocoa prices have doubledas extreme weather hits supply. In commodities, bonds, and crypto: • Oil prices jumped, withWest Texas Intermediateup 3.6% to $76.50 a barrel.Brent crude, the international benchmark, moved up 3.33% to $81.85 a barrel. • Goldedged slower 0.19% to $2,047.70 per ounce. • The10-year Treasury yieldmoved higher by six basis points to 4.16%. • Bitcoinclimbed 3.25% to $45,544. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/mehmetdayi88', 'Community Takeover $Poowel Looks Primed For New Highs', 1529, '2024-04-07 00:07', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', "~Our New Tweet: https://twitter.com/poowel_solana/status/1776718775003332614\n\nSitting within the strongly trending PoliFi category of Solana memecoins Joram $Poowel (after FED chair Jerome Powell) is a solid pick to capitalise on the ongoing Solana memecoin mania. \n\nSurrounded by rugs & scams launched by predatory devs, $Poowel stands out as a genuine community takeover that has impressively built from $50k market cap valuation up to $4m (hitting a peak of $6m so far). \n\nAll the talk for this cycle is of a 'Barbell Portolio' where smart money focuses on Bitcoin and the ETF narrative and retail mostly flocks to Solana for cheap transactions and memecoins that 1000x within weeks. \n\nAs with previous cycles we should expect the trend to be our friend and for the 'Barbell Portfolio' to continue to outperform... with attention from the presidential election campaign leading other PoliFi tokens to $500m+ valuations I think we can safely say a solid project like $Poowel, with a transparent & highly active community team, to outperform in this sector and within Solana memes in general. \n\nMoney printing is the largest meme within this space, and the very reason for the existence of Bitcoin & crypto in the first place. \n\nJoram Poowel has built rock solid foundations and looks set to tap into this ongoing narrative of money printing and the devaluation of fiat currency by irresponsible centralised powers. \n\nThe real Powell is sure to keep the money printer running, continue adding to the gargantuan national debt and further devaluing the dollar. \n\nThe $Poowel token is currently valued at $0.004. How long until the money printer brrrrrs so hard that $Poowel ends up pegged to the dollar?\n\n1 $POOWEL = 1 $USD \n\nHow long until it catches up with the worlds biggest shitcoin? In a world where $Boden ripped 1000x in just 1 month this is entirely possible.\n\n~OUR LINKS:\n\nX: https://x.com/poowel_solana?s=21\n\nTelegram: @jerompoowel\n\nWebsite: https://pooweltothepeople.com/", 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', '1bxnoco', [['u/MyMagicJohnsonIsSick', 14, '2024-04-07 00:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydv5za/', 'Been watching this one for a while, might be time to throw in a few sol', '1bxnoco'], ['u/Doge_advocate', 12, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvly3/', '$POOWEL is the only option out there. We are the new $1 step aside fed', '1bxnoco'], ['u/Nomadicboatguy', 10, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvmql/', 'Moving in with size, FULL CONVICTION', '1bxnoco'], ['u/Vegeta_070', 13, '2024-04-07 00:47', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kye0fr4/', 'Seems interesting', '1bxnoco']]], ['u/losttraveler36', 'The only thing about Litecoin that doesn’t make sense', 18, '2024-04-07 00:25', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', 'This is something I have warrior wondered about for a long time, why is the block time four times faster and not five times faster? \n\nSeems like “5X faster than bitcoin” or “2 minute block time” would roll off the tongue and adhere more to peoples favor towards nice numbers. Any info on this?\n\n Other than that I’ll just keep using and stacking LTC ', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', '1bxo2xl', [['u/Upper-Log-131', 33, '2024-04-07 02:05', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/kyecc8q/', 'The only thing about litecoin that doesn’t make sense is the price', '1bxo2xl']]], ['u/CereBRO12121', 'This guy gets it!', 206, '2024-04-07 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/', 'Was thinking about selling some BTC, I took this as a sign. \n', 'https://i.redd.it/7xy80f1lqxsc1.jpeg', '1bxo4vx', [['u/ZebbHB', 20, '2024-04-07 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/kyezozn/', "No. He's just from Hof. HO stands for the City of Hof. And DL are most likely the initials of the carholder.\nSo it's just Dieter Laschbrunzler from Hof driving his car in bavaria to get some Weißwurst.", '1bxo4vx']]], ['u/Despacit0', 'Can someone help me with my portfolio?', 10, '2024-04-07 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', 'Hey guys, im new to crypto space. I have my investments in stocks and last week started my research on crypto and I got convinced to start investing. Then sold some of my stocks and here we are! I started with 15k and here is my crypto account portfolio so far based on percentage.\n\nBiggest three makes up for 84% of my portfolio \n\nBTC - 61%\nSOL - 15%\nLINK - 8%\n\nOthers - 16%\n\nRNDR \nNEAR \nHBAR\nGRT\nDOT \nDOGE \nSHIB\n\nI did extensive research on BTC, SOL & LINK. I will be keeping those 3 and add money to them every week. As for the others, which should I get rid of and keep? I feel its too spread out. Thanks for your time in advance!\n\n\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', '1bxonl6', [['u/Starkey18', 11, '2024-04-07 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/kye1lin/', 'Long term: 100% bitcoin\nShort term: what you’ve done is fine, just get ready for a rollercoaster', '1bxonl6']]], ['u/h82nk', 'If you don’t believe it or don’t get it, I don’t have the time to try to convince you, Sorry', 31, '2024-04-07 01:03', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', 'Hey Aeronauts! 🚀\n\nWith Bitcoin starting to pump, it\'s the perfect time to look at the bigger picture and appreciate the strides we\'ve made with Aerodrome. Remember what Satoshi said, "If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry." Our belief in the fundamentals is what sets us apart.\n\nAerodrome is making waves with its latest updates, enhancing user experience and liquidity options. We\'re not just preparing for the bull run; we\'re leading the charge!\n\nHere are some promising data points:\n\n* Total Value Locked (TVL): We\'ve seen significant growth in TVL, indicating increased trust and participation in the Aerodrome ecosystem.\n* Volume: Trading volumes are on the rise, showcasing the platform\'s growing popularity and activity.\n* Swap Fees: Higher swap fees reflect the vibrant trading environment, directly benefiting our loyal AERO holders.\n\nThe crypto journey is a marathon, not a sprint. Let\'s keep stacking, stay patient, and trust in the long-term potential of our investments. Ignore the short-term noise and stay focused on the ultimate goal.\n\nWe\'re all in this together, and the best is yet to come. With the Aerodrome community\'s unwavering support, we\'re not just aiming for the moon – we\'re aiming for the mars! 🌟\n\nhttps://preview.redd.it/jvshs2ktwxsc1.png?width=1024&format=png&auto=webp&s=e0b278f4fdea23c07037209acbae0289a96f521a', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', '1bxoyva', [['u/Father_Time_101', 12, '2024-04-07 01:10', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/kye3zz1/', 'Remember, John, you are not alone in your struggles. There are people who care about you and want to help you, like me.', '1bxoyva']]], ['u/Carl_Menger21', 'I will buy and hold BTC for the rest of my life. No matter what others tell me.', 497, '2024-04-07 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', 'Hey Bitcoiner,\n\nI\'m at a point where I am more than 100% convinced in what I\'m doing.\nI will work, save in Bitcoin, hold and repeat. \n"But what if the price will crash?" - that\'s human psychology, I don\'t look at the price \nBitcoin will crash again and again and again and it\'s okay\n\nI understood it. There is only 1 network in the entire world which is absolutely scarce. Bitcoin.\nBitcoin not crypto. Bitcoin nothing else.\n\nYou can find more gold, you can find more silver, they will buy more houses, they will print infinitely more fiat and altcoins can be changed (because they aren\'t decentralized at all. It\'s always a group of people who can decide the rules).\n\nNo single identity can change the supply of Bitcoin. Never. It\'s not a question of software. It\'s a social question.\nIf someone wants to change the 21M supply he would have to convince thsousands of people which are running a node to accept his rules.\n\nBitcoin is the only decentralized timestamp. Bitcoin is the monetary black hole because everything will extend but only BTC will be fixed.\nBitcoin is the hardest money ever invented/discovered and everyone can run his own node, have his own private keys and nobody can stop it.\nBitcoin is the solution to humanity\'s money problem since there are humans on this planet.\n\nIf someone tells me: "no you shall not put everything into one basket." \nThen I know with 100% certainty that this person is new to Bitcoin or to lazy to study it.\nI thought the same at the beginning. After many years of studying I know there is only 1. Bitcoin.\n\nThanks for your time reading it.\n\nYours sincerely,\nA young Bitcoiner', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', '1bxprmz', [['u/Financial_Design_801', 136, '2024-04-07 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeaoto/', 'Maxi confirmed', '1bxprmz'], ['u/SimonZed', 59, '2024-04-07 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecftf/', 'I won’t hold them for the rest of my life. I want my wallet to be empty when I die. Already sold a lot to live amazing life experience that I could not have lived otherwise, especially not with my fiat money salary. Thank you BTC.', '1bxprmz'], ['u/RobbyBergers', 20, '2024-04-07 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecj88/', "100% is a bit of a high number to be certain of.\n\nLet's say that bitcoin becomes the global reserve currency. The entire planet is locked into a libertarian structure in which the 1% of wallets holding almost all of the bitcoin will necessarily be more powerful than any democratic republic could ever be. And a lot of these 1% went from normal to wealth beyond comprehension, which no human brain was meant to endure.\n\nIf you actually take a step back here, the odds of bitcoin turning the planet into something unsustainable and hostile until the average person moves on, are greater than the 0% that you imply, imo.\n\nUnless you don't know what you're involved in and just want ngu to be gigarich because greedy people getting their way never hurt society before, right? /s", '1bxprmz'], ['u/OzManCumeth', 93, '2024-04-07 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyecyg6/', 'Dear diary', '1bxprmz'], ['u/entor', 101, '2024-04-07 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyedvvb/', '"I\'m not afraid anymore!"', '1bxprmz'], ['u/cryptokid2140', 82, '2024-04-07 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyee1bz/', 'I’m not fucking leaving!', '1bxprmz'], ['u/brokenmessiah', 26, '2024-04-07 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeev3j/', "Jokes aside if you intend to hold for the rest of your life then what's the point unless you want to have it for your kid or something", '1bxprmz'], ['u/Robbieworld', 55, '2024-04-07 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyehjo9/', "I had exactly the same idea in 2014 and again 2017, thing is i had a baby, bought a house had emergencies come up. So sometimes you gotta roll with the punches. I'm happy to back in now and have the same plan as you.", '1bxprmz'], ['u/Carl_Menger21', 14, '2024-04-07 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyei17s/', 'oh yes that‘s more important! family first! Glad to hear you are in now🧡 I think that‘s the most valuable thing you can do', '1bxprmz'], ['u/FightDepression_101', 29, '2024-04-07 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeihlv/', 'Investing does not need to feel like a religion.', '1bxprmz'], ['u/djs1980', 13, '2024-04-07 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeiuo4/', "You've made a lot of posts the last 12 days... sounds like you're trying to convince yourself somewhat. Anyway, some friendly advice - some diversification into stocks is not a bad thing. Its much easier to ride out a BTC bear market if you are not balls deep in Bitcoin.", '1bxprmz'], ['u/ihate_eggplant', 11, '2024-04-07 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyekynb/', "Same. I know BTC is a store of value and that it will continually trend upward, but I have a lot of debt to pay off. I'm putting all extra savings into BTC and when I have enough to pay off a loan I'm going to pull that value out (as long as it's a net gain) and pay of that loan. \n\nThen I can put that old monthly payment into BTC, let it accumulate, and repeat with another loan.", '1bxprmz'], ['u/FondantForward1533', 15, '2024-04-07 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeqow6/', 'I’m not fundamentally opposed to your strategy, but I do want to point out that scarcity and demand are not the same thing. Something can be scarce (even unique) and undesirable.', '1bxprmz'], ['u/Inviction_', 10, '2024-04-07 03:46', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyerep5/', "What's the point if you literally never do a single thing with any of it?", '1bxprmz'], ['u/rugbysandman', 63, '2024-04-07 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyern1u/', 'Makes me feel better about only selling all my stocks to max out on Bitcoin. Currently have 100% of my net worth in bitcoin. Being buying since 2016, never sold.', '1bxprmz'], ['u/Horror-Badger9314', 10, '2024-04-07 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeu8vv/', 'LOL', '1bxprmz'], ['u/Candid_Airport1774', 13, '2024-04-07 04:09', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyeuqhu/', 'You jump in at $74k?', '1bxprmz'], ['u/1025scrap', 21, '2024-04-07 04:14', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyevi0v/', 'lol. So true. The conviction is admirable, but why do people need to make posts about this?', '1bxprmz'], ['u/LocksmithMuted4360', 23, '2024-04-07 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyezzyc/', 'They need social acceptance...', '1bxprmz'], ['u/soliton-gaydar', 26, '2024-04-07 06:18', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyfbnxb/', "For everything else, there's MasterCard.", '1bxprmz'], ['u/xPHILL', 14, '2024-04-07 08:36', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyfpmy1/', "Right? i SpEnT YeArS stUdyInG \n\nbut then decides when it's 69k instead of 15k that NOW they're coincidentally done with their amazing research", '1bxprmz'], ['u/SNeuwille', 22, '2024-04-07 22:41', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/kyisx0t/', 'I agree with you man', '1bxprmz']]], ['u/christofooch', 'New theory on Satoshi Nakamoto', 4610, '2024-04-07 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/', 'Figured I’d post this here looking for help, more sources and validation in this.\n\nA video of Hal Finney giving a presentation surfaced from Crypto 98\n\nI found the event program info page and found that there was a man there named Satoshi Hada and Toshiaki Tanaka \n\nhttps://dl.acm.org/doi/10.5555/646763.706338\n\nWe can finally pinpoint that there was a Satoshi in the same building with Hal Finney at a Crypto event in 1998. \n\nI then Googled "Satoshi Hada Naka Moto" I found one tweet who also pieced this together with no replies at the time. \n\nHe also put the names of the research papers together \n\nhttps://twitter.com/H_D_BE_2002/status/1742628299489137069\n\nHe linked a research paper with the following names on it talking about public and private keys (you have to view it in archive.org) \n\nhttps://researcher.draco.res.ibm.com/researcher/view_person_subpage.php?id=899\n\nSatoshi: SATOSHI Hada \nNaka: Toshiaki TaNAKA \nMoto: Naohiko UraMOTO \n\nNow put all 3 names together - Satoshi Naka Moto \n\nI then started researching the names and things like projects and timelines all check out. It is funny that while all these names talk about public, private keys, blockchain and crypto, NONE talk about Bitcoin.\n\nI then googled "satoshi hada" Cypherpunk to see if he was part of that and an email surfaced here from December 2001. \n\nhttps://lists.w3.org/Archives/Public/www-xenc-xmlp-tf/2001Dec/0001.html\n\nI then went to Satoshi Hada\'s twitter here \n\n https://twitter.com/satoshihada\n\nHis tweet from 2017 caught my eye, someone made a comment in backwards text in 2021 saying Satoshin Nakamoto almost 3 years to the day of my discovery It looks possible that Satoshi Nakamoto is a combination of at least 3 people that were IBM researchers involved in early blockchain research work that predates bitcoin. \n\nOR it can be another person or group that admired their work and took a piece of each of their names. I believe Hal Finney was not Satoshi Nakamoto and he also did not know him personally based on interviews with Fran Finney. I believe he was on that mailing list that when the white paper went out, saw it and got involved. I also feel these 3 men worked on it and moved on to other things with their lives and kept it a secret!\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/', '1bxqnpq', [['u/SimplySmartAF', 32, '2024-04-07 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyegvpi/', 'Interesting. Thank you for your research', '1bxqnpq'], ['u/jersey-city-park', 30, '2024-04-07 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyei5at/', '- why would they still have that info\n- why would they hand it to the government\xa0\n- why do you assume he wasnt using a VPN\n- public IPs change all the time', '1bxqnpq'], ['u/bananaholster3', 11, '2024-04-07 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeid91/', 'they know 1000%\n\nNSA CIA MI6 cmon ofc they know\n\nthey just cant admit it because of the means they found out', '1bxqnpq'], ['u/getdatschmoney', 408, '2024-04-07 02:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeivva/', "You probably solved most of the puzzle. One of the best explanations I've come across.", '1bxqnpq'], ['u/Twoehy', 136, '2024-04-07 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejhzy/', "More plausible than most of the theories I've heard.", '1bxqnpq'], ['u/Killintym', 82, '2024-04-07 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeji96/', 'From my research, I believe in my heart of hearts that Len Sassman, and Hal Finny were the creators of bitcoin. And after learning more about Len’s life, it wouldn’t surprise me if there were other people who he consulted with.', '1bxqnpq'], ['u/Intelligent-Train858', 33, '2024-04-07 02:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejmew/', 'I think you should have kept this to yourself', '1bxqnpq'], ['u/jersey-city-park', 54, '2024-04-07 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyejynl/', 'This only shows where the inspiration for the pseudonym is from. I highly doubt two of them would still be at IBM if they were billionaires\xa0', '1bxqnpq'], ['u/SuleyGul', 1031, '2024-04-07 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyek1bl/', 'This is legit impressive work. Well done.', '1bxqnpq'], ['u/4thaccountin5years', 67, '2024-04-07 03:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyekpbd/', 'The probability of three people keeping the secret is small.', '1bxqnpq'], ['u/MacGuffin-X', 28, '2024-04-07 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyektvw/', 'The plot thickens and you got my attention', '1bxqnpq'], ['u/Extension_Ad_3015', 208, '2024-04-07 03:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyel5t0/', 'So 2 guys that want to stay anonymous are going to use there names to hide their identity?', '1bxqnpq'], ['u/BigBucket10', 362, '2024-04-07 03:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyelcha/', 'Wow the first line from his 2007 paper (1 year before bitcoin):\n\nTransforming private-key encryption schemes into public-key encryption schemes is an interesting application of program obfuscation.', '1bxqnpq'], ['u/snappyirides', 32, '2024-04-07 03:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyelzok/', 'Wow OP this is riveting', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 19, '2024-04-07 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyem7k1/', 'I would certain stay at work if I was a billionaire. I like my job. Most days.', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 12, '2024-04-07 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemi15/', 'Sometimes, the best stories are left buried. I would have refrained from posting this, in case there was even a 1% chance this is correct. This is basically doxxing someone, whether or not correct, and could put their safety at risk.', '1bxqnpq'], ['u/ccrider92', 23, '2024-04-07 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemjv0/', 'Same deal with the lunar landings. Way too many people involved for it to be kept a secret for 50+ years.', '1bxqnpq'], ['u/christofooch', 65, '2024-04-07 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemnl5/', 'Wait! What?!', '1bxqnpq'], ['u/christofooch', 99, '2024-04-07 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyemwib/', 'Lenn Sassman is on research papers with Hada also (in citations)', '1bxqnpq'], ['u/christofooch', 118, '2024-04-07 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen0b7/', 'Yes I feel like I’m missing something though maybe can use help', '1bxqnpq'], ['u/christofooch', 58, '2024-04-07 03:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen4lc/', 'Well I also said it can be a person who used their research and combined their names together also possible.', '1bxqnpq'], ['u/christofooch', 17, '2024-04-07 03:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen74b/', 'They are not, one of the names comes up in the world economic forum now', '1bxqnpq'], ['u/m1ke_tyz0n', 10, '2024-04-07 03:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyen98x/', 'Dorian Nakamoto lived 3 blocks from Hal Finney. SATOSHI WAS DOXXED IN 2014 AND HAD TO RETRACT. Horrible boondoogle of work. \n\n>Prentice *Satoshi Nakamoto, a 64-year old ex-engineer and programmer* living in the small exurb of Los Angeles known as Temple City.\xa0[Nakamoto had even seemed to give\xa0Newsweek\xa0a tacit confirmation of its theory when he told the magazine\'s reporter](http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html)\xa0that he was "no longer involved in that," a quote confirmed in essence by local police who witnessed the interaction.\n\n>Just hours after\xa0Newsweek\'s story hit the Web, I received an email from an old cryptography community acquaintance of Finney\'s who has asked to remain anonymous. The email was titled "What are the odds?" *It pointed out that Hal Finney had lived for almost a decade in Temple City, the same 36,000 person town where\xa0Newsweek\xa0found Dorian Nakamoto. Finney\'s address was only a few blocks away from the Nakamoto\'s family home.\n\n[https://www.forbes.com/sites/andygreenberg/2014/03/25/satoshi-nakamotos-neighbor-the-bitcoin-ghostwriter-who-wasnt/?sh=6f30489f4a37](https://www.forbes.com/sites/andygreenberg/2014/03/25/satoshi-nakamotos-neighbor-the-bitcoin-ghostwriter-who-wasnt/?sh=6f30489f4a37)\n\n[https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html](https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html)', '1bxqnpq'], ['u/BigBucket10', 138, '2024-04-07 03:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyensqf/', 'Do you think they planned on being anonymous or world famous? Probably not.', '1bxqnpq'], ['u/christofooch', 16, '2024-04-07 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeo3au/', 'I thought of this too but after watching Fran talk about Hal, he was like I’m working with a guy named Satoshi, idk I think he lives in Japan or something he told her…. In the interview she also stated he’s an honest person and wouldnt keep secrets from her… but of course take that with a grain of salt', '1bxqnpq'], ['u/buckf1tches', 126, '2024-04-07 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeofzt/', 'I always wondered why Satoshi referred to himself as "we" in his abstract from the Bitcoin whitepaper. Funny how much the writing style from that abstract matches the abstracts from papers Hada has written.', '1bxqnpq'], ['u/jersey-city-park', 23, '2024-04-07 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeoj63/', 'They have recent research papers (2019) where they were still at IBM, well after bitcoin blew up.\xa0Satoshi Hada literally has a blog where it says hes a data scientist at IBM', '1bxqnpq'], ['u/christofooch', 34, '2024-04-07 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeonjx/', 'Yes in the white paper it’s “we” and it matches Hada as he writes pretty good in English as well, also someone pointed out that’s why the code looks like it was written by a few different people also.', '1bxqnpq'], ['u/christofooch', 12, '2024-04-07 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeov0y/', 'I didn’t think they were still doing research for IBM as their LinkedIn says otherwise but good catch.', '1bxqnpq'], ['u/PM-ME-YOUR-TECH-TIPS', 35, '2024-04-07 03:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeoybj/', 'NASA actually killed all their employees and replaced them with loyal German rocket scientists.', '1bxqnpq'], ['u/Cptn_BenjaminWillard', 15, '2024-04-07 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyepcwf/', "Pick a job you love, and you'll never work a day in your life.", '1bxqnpq'], ['u/freedomfriis', 41, '2024-04-07 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyepmdw/', 'After 15 years, I think someone has finally found the origin of the name Satoshi Nakamoto. \n\n🤯', '1bxqnpq'], ['u/coinsRus-2021', 190, '2024-04-07 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyet04h/', 'This was probably one of the most believable reads I’ve had on this topic', '1bxqnpq'], ['u/nocrimps', 36, '2024-04-07 03:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyet5rf/', 'Congratulations, you just described public key cryptography.', '1bxqnpq'], ['u/coinsRus-2021', 211, '2024-04-07 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyetdoj/', '“We” is common terminology though in research publications and white papers. Even if just one person.', '1bxqnpq'], ['u/Rockpilotyear2000', 25, '2024-04-07 04:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyevc0g/', 'You realize that we have untold thousands of people with above top secret clearances and do you see them leaking? Where are all their leaks all over the internet and news? Theory doesn’t hold water because even if people do leak, it can easily be obfuscated and lost in the noise.', '1bxqnpq'], ['u/Easy-Medicine-8610', 12, '2024-04-07 04:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyevezr/', 'Excuse me sir, this is the CIA, you need to meet us in your house tomorrow at 1230. Dont be late.\xa0', '1bxqnpq'], ['u/GME-NeverSell', 10, '2024-04-07 04:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyew4bc/', 'Yeah man, I literally have chills reading all of this', '1bxqnpq'], ['u/Anaeta', 15, '2024-04-07 04:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyey5vs/', 'To be fair, leaking becomes much less likely when you can get sent to prison for doing it.', '1bxqnpq'], ['u/Anaeta', 15, '2024-04-07 04:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeyajb/', 'And as we all know, the government certainly would never do anything illegal.', '1bxqnpq'], ['u/mbashs', 333, '2024-04-07 04:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeyoro/', 'This guy may have just cracked crypto’s biggest mysteries.', '1bxqnpq'], ['u/PumbainJapan', 58, '2024-04-07 04:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyez099/', 'This is correct.', '1bxqnpq'], ['u/Krepsilfisk', 12, '2024-04-07 04:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyeze8s/', "From Japanese 本 (moto) meaning: \nBook, present, main, origin/base/root, true, real, counter for long cylindrical things.\n\nMore commonly it is the final character in Japanese surnames. It is also a first name for women in Japan. Which makes a huge list of candidates. \n\nSince Moto can be book/ledger and root/origin for the Bitcoin Blockchain, I find it this theory more plausible. Other than that, it's the best theory I have read.", '1bxqnpq'], ['u/Murky-Science9030', 18, '2024-04-07 04:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf06jd/', "Ya it's cool but not some sort of smoking gun.", '1bxqnpq'], ['u/tRitone11', 10, '2024-04-07 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf0pzo/', 'holy... his mail in this paper is satoshih lol\nhttps://www.researchgate.net/publication/221327123_Zero-Knowledge_and_Code_Obfuscation', '1bxqnpq'], ['u/Salvashunned', 122, '2024-04-07 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf3fpo/', 'He said:\n\n"Wow the first line from his (Satoshi Hada\'s) 2007 paper (1 year before bitcoin): \nTransforming private-key encryption schemes into public-key encryption schemes is an interesting application of program obfuscation."', '1bxqnpq'], ['u/Gothmog_LordOBalrogs', 139, '2024-04-07 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf4moy/', 'Indeed, similar to how I didn\'t expect "bong master 69" would have any significant effects on my life 20 years later...\n\n\n\xa0Yet it remains my ebay seller profile', '1bxqnpq'], ['u/nocrimps', 23, '2024-04-07 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf4ozp/', "It's funny because he literally did describe public key cryptography and I'm getting downvoted.", '1bxqnpq'], ['u/DimensionFit2717', 48, '2024-04-07 05:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf52tq/', 'Hal Finny denied being Satoshi and was still targeted and extorted late in his life, even while paralyzed due to ALS. Why would anyone want this info to be public?', '1bxqnpq'], ['u/Gorillla', 21, '2024-04-07 05:29', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf5rh7/', 'I don’t think you’re missing much. Looks like you cracked it dude. Holy shit', '1bxqnpq'], ['u/FightingInternet', 71, '2024-04-07 05:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf7pbe/', 'We agree.', '1bxqnpq'], ['u/Prob_Pooping', 38, '2024-04-07 05:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf96px/', 'Commenting to cement myself in history and casually ride OPs genius from the comment section.', '1bxqnpq'], ['u/TP_Crisis_2020', 39, '2024-04-07 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyf9r7m/', 'Hilarious. My ebay username is Turdcorn, a relic from my old school IRC days.', '1bxqnpq'], ['u/Wsemenske', 43, '2024-04-07 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfat0v/', "I would bet it's someone like Lenn and he combined those names to make Satoshi Nakamoto. I doubt someone would anonymize themselves by using their own names. Much more likely someone who's a fan of them combining their names.\n\n\nWhen I was a kid, a common username I used was Miyamatsu, where I just combined Miyamoto (video games) and Uematsu (composer)", '1bxqnpq'], ['u/francescafiore', 46, '2024-04-07 06:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfaumb/', 'Good bot.', '1bxqnpq'], ['u/Wsemenske', 21, '2024-04-07 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfazls/', 'Craig Wright apparently does. (He’s not Satoshi, but just pointing out that there exists people that would want to be publicly known)', '1bxqnpq'], ['u/Wsemenske', 39, '2024-04-07 06:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfbahc/', "Likely origin of the name, but not necessarily the creators. My Username when I was a kid was often 'Miyamatsu' (I combined Miyamoto and Uematsu). I was not in fact the creator of Mario nor the composer for Final Fantasy.", '1bxqnpq'], ['u/anonuemus', 17, '2024-04-07 06:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfbjq3/', "> It's cause we never thought the internet would become as serious as it actually did.\n\nI never thought that, but I thought that anonymity would still be a thing.", '1bxqnpq'], ['u/HappyraptorZ', 23, '2024-04-07 06:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfc7up/', 'I can believe 3 cold hard old school scientists taking such a thing to the grave. These people have a code stronger than religion\n\n\nAnymore than that - yea i have my doubts.\xa0', '1bxqnpq'], ['u/dreamtripper89', 10, '2024-04-07 06:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfczn9/', 'Nice I’m gunna ride on your coat tail into the sunset too', '1bxqnpq'], ['u/Annual_Juggernaut_47', 352, '2024-04-07 06:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfd2t6/', 'It’s interesting if you look at their publication records they all stopped publication in the 2013-2015 time frame. Right after BTCs first major run up to $1k. One of the last pubs from the group is 2015, but publications can have lag times of several years from submission to publication. Or you can be included as an author even if you just had early contributions to a paper. \n\nBasically saying that it seems that all three professional lives stopped right around the time BTC had a huge price spike.', '1bxqnpq'], ['u/impulsive87', 10, '2024-04-07 06:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfd7h6/', "In before this post makes Satoshi's coins move", '1bxqnpq'], ['u/ysrel', 25, '2024-04-07 06:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfdb3r/', 'One of the best leads yet', '1bxqnpq'], ['u/jonhuang', 41, '2024-04-07 06:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfdp89/', 'They accidentally lost their private keys and are too embarrassed to admit it, thus explaining the long anonymity.', '1bxqnpq'], ['u/psych_rheum', 17, '2024-04-07 06:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfg5z4/', 'Agreed- I could see it. The Japanese cultural aspect ads to the believability as well. Three cypherpunks make a pact of secrecy for the same principled reason. Not overly hard to see them sticking to it, honorably.', '1bxqnpq'], ['u/Which-Occasion-9246', 23, '2024-04-07 07:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfhsqn/', 'Because he is lying scum. But one look at him or at his arguments and you can tell he is not', '1bxqnpq'], ['u/CryptoBombastic', 15, '2024-04-07 07:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfi23h/', 'So the first coins are not locked for eternity and we are all fucked when they sell.', '1bxqnpq'], ['u/Equivalent-Cloud-365', 13, '2024-04-07 07:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjges/', 'This was posted earlier last week, close this thread, they wanted to remain anonymous for a reason and we should respect that, go outside and touch from grass', '1bxqnpq'], ['u/SuleyGul', 36, '2024-04-07 07:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjj1p/', 'I doubt it. If they were going to sell they would have done so a long long time ago. I am sure they had other wallets where they did sell at some point and just left these ones.', '1bxqnpq'], ['u/Plasmatica', 48, '2024-04-07 07:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfjmui/', "I don't think the actual mystery is cracked. If anything, it raises more questions.", '1bxqnpq'], ['u/Y0rin', 16, '2024-04-07 07:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyflbhi/', "Are you joking? Can't tell anymore.", '1bxqnpq'], ['u/orthrusfury', 16, '2024-04-07 08:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfmh95/', 'I think you are just hiding your true identity. You probably are the creator', '1bxqnpq'], ['u/AccountOfMyAncestors', 167, '2024-04-07 08:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfoe1e/', "I think it's most realistic that the three names were combined as inspiration, which still puts us back to square one on the identity.\n\nKeeping his first name in his anon name seems a little too sloppy from an op-sec POV.", '1bxqnpq'], ['u/happychillmoremusic', 16, '2024-04-07 08:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfpb0q/', 'I feel like some of these comments are overreacting', '1bxqnpq'], ['u/purzeldiplumms', 38, '2024-04-07 08:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfpq58/', "The problem is that most here don't know what public and private keys are. It's comedy.", '1bxqnpq'], ['u/iwakan', 121, '2024-04-07 09:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfrun3/', "Naka and moto are some of the most common combinations of syllables in Japanese surnames. It's not really as big of a coincidence as one might think. Not saying it couldn't possibly be them, but I don't think it's very strong evidence. \n\nAnd there are other pieces of evidence that argues against it being them, for example the fact that Satoshi's post timings suggests either a European or American timezone. Unlikely that researchers from Japan with proper jobs had the opportunity to often stay awake at the most uncommon of hours to post on messageboards.", '1bxqnpq'], ['u/Cthuga1', 40, '2024-04-07 09:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfsqdb/', 'Pretty cool but I think Satoshi Nakamoto is an anagram of Oasis Tomato Hank', '1bxqnpq'], ['u/christofooch', 26, '2024-04-07 09:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyftgvt/', 'Yes that’s one point that can argue as the time zone of his posts were likely to pst or in Europe so that’s why it could be someone who paid tribute to their work and used “bits” of their names.', '1bxqnpq'], ['u/EffectiveConcern', 134, '2024-04-07 09:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfuavc/', 'Didn’t want to draw attention to themselves hehe', '1bxqnpq'], ['u/ManBearPig_576', 46, '2024-04-07 09:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfuqcx/', 'Get a grip', '1bxqnpq'], ['u/Rutakate97', 41, '2024-04-07 09:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfvhh0/', 'Even if this is not the whole story, your contribution is very significant', '1bxqnpq'], ['u/Buydipstothemoon', 11, '2024-04-07 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfwm3f/', 'Doing nothing can also draw attention. No one can escape the inevitable.', '1bxqnpq'], ['u/basedregards', 26, '2024-04-07 10:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyfxjzl/', 'Yeah agreed', '1bxqnpq'], ['u/gazillionear', 131, '2024-04-07 10:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg0hat/', 'Or they owned bitcoin and made enough money to not have to work.', '1bxqnpq'], ['u/FlygandeSjuk', 17, '2024-04-07 11:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg2x22/', 'Cringe. Debunking the story without giving the source. Reddit gonna Reddit.', '1bxqnpq'], ['u/bhviii', 17, '2024-04-07 11:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg3sng/', "Bro it's message boards people are on 24/7", '1bxqnpq'], ['u/nextalpha', 49, '2024-04-07 11:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg6rdd/', "If they worked at IBM isn't it possible they were located in the US? Just because the names are Japanese doesn't mean they had to be in Japan... And i also heard they were doing things like these deliberately (like switching between different English dialects) to make it harder to find out where they are", '1bxqnpq'], ['u/SimpleMoonFarmer', 10, '2024-04-07 12:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyg7qcn/', 'Our name is Legion, for we are many.', '1bxqnpq'], ['u/BanMeForNothing', 84, '2024-04-07 13:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygd1k7/', 'This has nothing to do with money or bitcoin. Cryptography has existed for a thousand years. All the keywords in that title could be found in any paper on cryptography in 2007.', '1bxqnpq'], ['u/megakoira', 11, '2024-04-07 13:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygddf2/', "Nice try Satoshi. You're busted.", '1bxqnpq'], ['u/GME-NeverSell', 11, '2024-04-07 13:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygdi1c/', "He won't sell, but he will eventually pass them down to his family when he dies. They will sell for sure.", '1bxqnpq'], ['u/atapene', 10, '2024-04-07 13:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygel73/', 'At the moment almost all the coins have been mined. Having a million come onto the market would be a reset and a way for everyone who ever thought "i missed the bus" to get a piece, it would be a short dump and trigger massive adoption', '1bxqnpq'], ['u/iwakan', 20, '2024-04-07 13:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyggray/', 'His ACM page profile says "IBM Research - Tokyo*", that\'s all I know.', '1bxqnpq'], ['u/xRyozuo', 17, '2024-04-07 13:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyghije/', 'In my uneducated Japanese opinion (since I only know from anime), satoshi nakamoto has always sounded like the japanese equivalent of John Doe', '1bxqnpq'], ['u/Downtown_Feedback665', 14, '2024-04-07 14:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygmuar/', 'And cryptography in computers/hashing has been around since the 80’s', '1bxqnpq'], ['u/abercrombezie', 33, '2024-04-07 15:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygt9pe/', 'Theory was posted in the Bitcoin sub last week but that Op deleted his original post and account. This Op, go in hiding or the 3 letter agencies will be knocking at your door. Queue in X-Files music. Title of original thread:\n\n“If Hal Finney and a guy named Satoshi were at a crypto conference in 1998 giving presentations is that a coincidence or not?“', '1bxqnpq'], ['u/lillillilillilil', 15, '2024-04-07 15:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygw3e7/', 'They’re multiplying', '1bxqnpq'], ['u/NexusKnights', 39, '2024-04-07 16:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kygxodx/', 'This. Only an idiot would use any part of their name in a username if they are trying to stay anonymous. If anything, it would be a great way to misdirect attention.', '1bxqnpq'], ['u/LordCabbage_64', 75, '2024-04-07 16:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyh2ph3/', 'Do you think the types of people that create something like bitcoin would just stop because they were rich?', '1bxqnpq'], ['u/gazillionear', 10, '2024-04-07 17:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyh6vxt/', 'Maybe not, but you never know their personal circumstances so could happen!', '1bxqnpq'], ['u/Lieutenant-Lemons', 27, '2024-04-07 18:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyhjnty/', 'It got me thinking, you were able to find these peoples different research papers. What if you tried running their publications through an ai to try to match their writing styles to suspected individuals?\n [https://www.digitaltrends.com/cool-tech/emma-identity-ai-web-app/](https://www.digitaltrends.com/cool-tech/emma-identity-ai-web-app/)', '1bxqnpq'], ['u/DeeDee_GigaDooDoo', 30, '2024-04-07 18:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxqnpq/new_theory_on_satoshi_nakamoto/kyhmnzk/', "In my experience with academia/research absolutely not. The kinds of people doing this trailblazing work would not just pull up stumps and go dark when they make money off it and it gets popular. They live and breath the research and they want nothing more than for their work to become a world changing phenomenon. I really doubt three separate people who invented something so significant that was a culmination of their life's work would just stop and stay anonymous the second it actual... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", "Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", 'As of April 5, theNasdaq Composite Indexhas soared 43% in 2024. This performance has been lifted by strong gains for dominant tech companies.\nBut the cryptocurrency market has said, "Not so fast." From the beginning of last year to today, the digital asset industry\'s entire value has more than tripled. Investors are flocking to the riskiest asset class in dramatic fashion.\nIt\'s no surprise that some of the most speculative tokens are experiencing strong momentum, particularly more recently. For example,Shiba Inu(CRYPTO: SHIB)has skyrocketed roughly 150% in the past few weeks. Maybe there\'s growing interest that morespot ETFswill be approved followingBitcoin.\nEven after its run-up, perhaps some daring investors are ready to buy Shiba Inu on the dip while it\'s still significantly below $0.01. Is that a smart idea?\nAt The Motley Fool, we urge investors to adopt a long-term mentality. That means thinking in terms of the next five years, and ideally more. This makes worrying about the next few months or quarters seem silly.\nWhile it\'s important to think this way when it comes to stocks, it\'s also critical to adopt this mindset with cryptocurrencies. It\'s so easy to get caught up in short-term price movements, especially when they\'re as wild as what can happen with digital tokens. But what matters at the end of the day are the fundamentals.\nWith this mental framework, investors looking to buy Shiba Inu should start to ask if there\'s really any point to this cryptocurrency. To be fair, I\'ll give the founders credit for creating a $16 billion blockchain network in less than four years. Given that the crypto industry values having a strong community of supporters, viewed in this light, Shiba Inu might be a smashing success for some.\nBut going back to that long-term mindset, investors need to wonder where Shiba Inu could be a decade from now. I\'m a firm believer that for any cryptocurrency to survive, it will eventually need to figure out how to raise utility and gain broad adoption.\nBy being built on top of theEthereumnetwork, Shiba Inu was created differently from its inspiration,Dogecoin, which is its own blockchain. This makes Shiba Inu\'s native token, SHIB, compatible with the vast ecosystem of Ethereumdecentralized applicationsout there.\nHowever, I suspect Shiba Inu isn\'t used much for its intended purpose, like to purchase non-fungible tokens, use decentralized finance protocols, or buy virtual land in the metaverse. It doesn\'t even crack the top 100 cryptocurrencies when it comes to developer activity. That doesn\'t bode well for its future.\nShiba Inu currently trades 70% below its peak price. The all-time high was during the raging bull market of 2021. I\'m not sure this type of run will happen again.\nWarren Buffett once said that investors should be comfortable buying a stock if the market closed for the next five years. Applying this time of thinking to cryptocurrencies might seem crazy given how volatile the industry is and how much change happens, but it\'s a valuable perspective to have. I don\'t believe anyone could view an investment in Shiba Inu in this light. Five years from now, there\'s a significant probability that its value will approach zero.\nThe only reason to buy it is if you think you can correctly time the market, with the hope of buying at the lows and selling after massive bull runs. But no one can do this successfully on a consistent basis.\nEven with Shiba Inu trading well below a penny, it\'s best not to park your hard-earned savings in it.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $539,230!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 4, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Shiba Inu While It\'s Less Than a Penny?was originally published by The Motley Fool', "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", 'U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin {{BTC}}climbed through $72,000for the first time since mid-March as itsreward halvingdraws closer.\nCoinbase (COIN), the only U.S. traded crypto exchange, added 4.9% in pre-market trading, MicroStrategy (MSTR), the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin exchange-traded fund (IBIT), added around 6.5%.\nTheCoinDesk 20 Index, a measure of the broader crypto market, rose 3.1% over 24 hours.\nThe halving, which cuts the amount bitcoin miners are paid for adding blocks to the blockchain by 50%, is on track for April 20. After it occurs, they will be rewarded with 3.125 BTC per block.\nAmong miners, Marathon Digital (MARA) added 5.2% and Hut 8 (HUT), whichmerged with USBTCat the end of last year, gained 5.6%. Argo Blockchain (ARB), trading on the London Stock Exchange, rose 5%.\nRead more:Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners', 'U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin {{BTC}}climbed through $72,000for the first time since mid-March as itsreward halvingdraws closer.\nCoinbase (COIN), the only U.S. traded crypto exchange, added 4.9% in pre-market trading, MicroStrategy (MSTR), the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin exchange-traded fund (IBIT), added around 6.5%.\nTheCoinDesk 20 Index, a measure of the broader crypto market, rose 3.1% over 24 hours.\nThe halving, which cuts the amount bitcoin miners are paid for adding blocks to the blockchain by 50%, is on track for April 20. After it occurs, they will be rewarded with 3.125 BTC per block.\nAmong miners, Marathon Digital (MARA) added 5.2% and Hut 8 (HUT), whichmerged with USBTCat the end of last year, gained 5.6%. Argo Blockchain (ARB), trading on the London Stock Exchange, rose 5%.\nRead more:Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners', '• Bitcoin\'s impending reward halving, though monumental, is unlikely to cause a volatility explosion, according to Amberdata\'s Greg Magadini.\n• The impact of the Bitcoin blockchain\'s reward halving on miners and the BTC price has been well documented over the years, leaving little room for a surprising outcome.\nBitcoin\'s fourth mining-reward halvingis dueon April 20, when the blockchain\'s code will reduce the per-block bitcoin {{BTC}} issuance to 3.125 BTC from 6.25 BTC.\nIn the run-up, implied volatility (IV) on the largest cryptocurrency by market value has ticked higher, suggesting increased price turbulence in the days surrounding the quadrennial event. Still, one observer does not favor placing bullish bets on volatility.\n"From a qualitative perspective, I continue to believe paying a volatility premium for a highly predictable outcome (the BTC halving) isn\'t worth a volatility event premium," Greg Magadini, director of derivatives at Amberdata, said in a newsletter on Monday.\nTraders typically place bullish bets on volatility ahead of binary events, for which the market outcome is uncertain. Moreover, uncertainty opens the door to pre- and post-event price turbulence and hastraders buyingboth call and put options orvolatility futuresto profit from any price swings.\nBut the impact of Bitcoin\'s reward halving on its native cryptocurrency and miners has been well documented. The cryptocurrency has historically produced stellar rallies in the 12-18 months following the halving.\nRead more:Bitcoin Halving, Explained\nIt\'s important to note that major crypto events like Ethereum\'sDencun upgrade,Shanghai upgrade, and spot BTC listings turned out to have little market impact, disappointing traders positioned for an event-led surge in price volatility.\n"Not to mention that nearly all the big volatility events in crypto (ETH PoS merge, ETH Shanghai upgrade, BTC spot ETF decision) had disappointed IV [implied volatility], buyers when RV [realized volatility] failed to materialize by very large margins," Magadini noted.\nBitcoin\'s 30-day implied volatility, which gauges the expected price turbulence over four weeks, has increased to an annualized 75% from 68% in a week, according to Amberdata.\nMeanwhile, the 30-day volatility risk premium (VRP), or the gap between 30-day implied and realized volatilities, has surpassed 10% for the first time since early March. The VRP tends to rise ahead of and following extraordinary market events and can drop to low levels during extended periods of calm markets.\n"Options implied volatility is overpricing the event," Magadini said, noting the uptick in VRP.\nBitcoin changed hands at $71,800 at press time, representing a 3.5% gain on the day. The cryptocurrency has risen over 11% since hitting lows near $64,500 on April 2, CoinDesk data show. TheCoinDesk 20 Index, a measure of the broader crypto market, had added 3.8% over 24 hours.', '• Bitcoin\'s impending reward halving, though monumental, is unlikely to cause a volatility explosion, according to Amberdata\'s Greg Magadini.\n• The impact of the Bitcoin blockchain\'s reward halving on miners and the BTC price has been well documented over the years, leaving little room for a surprising outcome.\nBitcoin\'s fourth mining-reward halvingis dueon April 20, when the blockchain\'s code will reduce the per-block bitcoin {{BTC}} issuance to 3.125 BTC from 6.25 BTC.\nIn the run-up, implied volatility (IV) on the largest cryptocurrency by market value has ticked higher, suggesting increased price turbulence in the days surrounding the quadrennial event. Still, one observer does not favor placing bullish bets on volatility.\n"From a qualitative perspective, I continue to believe paying a volatility premium for a highly predictable outcome (the BTC halving) isn\'t worth a volatility event premium," Greg Magadini, director of derivatives at Amberdata, said in a newsletter on Monday.\nTraders typically place bullish bets on volatility ahead of binary events, for which the market outcome is uncertain. Moreover, uncertainty opens the door to pre- and post-event price turbulence and hastraders buyingboth call and put options orvolatility futuresto profit from any price swings.\nBut the impact of Bitcoin\'s reward halving on its native cryptocurrency and miners has been well documented. The cryptocurrency has historically produced stellar rallies in the 12-18 months following the halving.\nRead more:Bitcoin Halving, Explained\nIt\'s important to note that major crypto events like Ethereum\'sDencun upgrade,Shanghai upgrade, and spot BTC listings turned out to have little market impact, disappointing traders positioned for an event-led surge in price volatility.\n"Not to mention that nearly all the big volatility events in crypto (ETH PoS merge, ETH Shanghai upgrade, BTC spot ETF decision) had disappointed IV [implied volatility], buyers when RV [realized volatility] failed to materialize by very large margins," Magadini noted.\nBitcoin\'s 30-day implied volatility, which gauges the expected price turbulence over four weeks, has increased to an annualized 75% from 68% in a week, according to Amberdata.\nMeanwhile, the 30-day volatility risk premium (VRP), or the gap between 30-day implied and realized volatilities, has surpassed 10% for the first time since early March. The VRP tends to rise ahead of and following extraordinary market events and can drop to low levels during extended periods of calm markets.\n"Options implied volatility is overpricing the event," Magadini said, noting the uptick in VRP.\nBitcoin changed hands at $71,800 at press time, representing a 3.5% gain on the day. The cryptocurrency has risen over 11% since hitting lows near $64,500 on April 2, CoinDesk data show. TheCoinDesk 20 Index, a measure of the broader crypto market, had added 3.8% over 24 hours.', 'Mon Protocol will introduce the ZTX platform to Pixelmon’s over 1.1M users across its products\nMON PROTOCOL\nSingapore, Singapore, April 08, 2024 (GLOBE NEWSWIRE) -- Mon Protocol, the publishing protocol for blockchain-native IPs and games, is entering into a partnership with ZTX, the web3 social metaverse platform. ZTX is one of the largest web3 gaming projects in Asia, with a focus on user-generated content (UGC) and community building. This partnership will be a concerted effort to unite the marketing of the two games. Community members will also have a chance to receive rewards as a result of this partnership.\nMon Protocol will be introducing the ZTX platform and products to Pixelmon’s more than 1.1 million unique users across its products. Pixelmon community members who have been staking MON may also be eligible for an airdrop of the ZTX token. Details of the airdrop and rewards will be announced at a later date.\n“Mon Protocol continues its efforts to empower blockchain native game developers, IP core fans and players. This partnership strengthens both projects for the benefit of our communities. The invaluable expertise of the ZTX team enhances our network of partners as we collectively forge the path towards the future of blockchain gaming. We anticipate significant growth and support ahead.” said Giulio Xiloyannis, CEO of Pixelmon and co-founder of Mon Protocol.\nAs part of the two teams’ cross-marketing efforts, Xiloyannis will be appearing as a special guest on the ZTX Spaces session on Tuesday, April 9, 2024, 9:00 PM SGT. There are also plans to conduct AMAs to address the community’s questions.\n“Mon Protocol is one of the fastest-growing publishers in web3, and we’re glad to be a part of this innovative network. ZTX has always focused on bringing creative ideas into the industry, and partnering with Mon Protocol makes sense because of our aligned values and passionate communities,” said Karma Gora, Head of Marketing and Community at ZTX.\nZTX is the latest to join Mon Protocol’s growing network of partners. ZTX is the IP’s 24th partner, joining web3 gamesBlast Royale,ChronoForge,Kuroro Beasts,Nyan Heroes,SEKAI GLORY,Space Nation, andXOCIETY. Other partners include game developersAmbrus Studio,Confiction Labs,Delabs Games,Endless Clouds,Peanut Games, Playember, andValeria Games, as well as ecosystemsOpal Bitcoin,Planet Mojo,Revolving GamesandUNIOVERSE. Web3 media platformGAM3S.GG, sports leagueKarate Combatand trading platformMintify round out the remaining partners.\nABOUT MON PROTOCOL\nMon Protocol aims to be the leading publisher of blockchain-native IPs and gamers. Mon Protocol launched with the Pixelmon gaming IP as its founding partner and has since built a large community of web3-savvy gamers and fans. Its platform enables blockchain-native projects to reach larger bases of gamers and fans while building stronger IPs by rewarding loyal communities and including them in the IP’s long-term success through fractionalized ownership.\nMon Protocol’s investors include some of the most prominent VCs and builders in the web3 gaming industry, such as the Inevitable Gaming Fund, Foresight Ventures, Delphi Ventures and The Spartan Group, as well as angel investors and founders such as Robbie Ferguson of Immutable, Gabby Dizon of Yield Guild Games (YGG) and Ray Chan of 9GAG.\nMedia contact:\nRobert Penington\[email protected]\nAttachment\n• MON PROTOCOL', 'Aaveproposes to removeDAIas acollateralon the platform after aggressive DAI minting fromMakerDAO.Solanaprotocols, Tensor and Kamino Finance, both announce their upcoming tokens andairdrops, whileBlastlaunches Blast multipliers on the chain.\nTotal Value Locked(TVL) across all chains pull back again as the market continues to consolidate within a range. Notable outliers to the trend include theDegenL3 built on Base, which saw its TVL spike 400% this week, as well as L2s,LineaandMantle, which both saw increases in TVL of 45% and 18% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nStephen drops his very ownPendleYield Token (YT) calculator, allowing users to speculate better on thereturn on investmenton Pendle YTs with respect toEigenLayer’s upcoming launch and the various liquid restaking protocols built on it.\nMoney marketprotocol, Aave, sets up proposal to offboard popularstablecoin, DAI, as a collateral on the platform in light of “contagion risks” identified relating to the stablecoin and MakerDAO’s Direct Deposit Module (D3M), citing aggressive minting of DAI tokens.\nDeFisuite,Frax Finance, passes thegovernancevote for the Frax Singularityroadmap. The roadmap kicks off revenue share to veFXS holders, a partnership withEthena Labsto supplyFRAXliquidity tosUSDelending pools and FXS buybacks, among other plans.\nOther Product Launches and Updates\n• MakerDAO-backed lending protocol,Spark, successfully deploys 100 million in DAI to Morpho’s USDe/DAI and sUSDe/DAI vaults, allowing MakerDAO to tap in DeFi opportunities in the market as part of MakerDAO’s Endgame.\n• Threshold Network deploys thUSD, a stablecoin backed byBTCand ETH. Users can deposit eithertBTCorETHto mint thUSD, at acollateralizationratio of 110%. Currently, no interest is charged, but a one-time fee is charged for the minting of thUSD.\n• Binance Smart Chainlending protocol,Venus Protocol, lands on Ethereum mainnet, with incentives fromLido FinanceandCurveas well asXVSincentives from Venus.\n• Undercollateralized lending platform,Goldfinch, suffers another default from the Lend East pool, which will only be repaying ~42% of their $10.25 million loan. The pool represents 7.7% of all active loans on Goldfinch.\n• Liquidity bootstrapping pool(LBP) platform,Fjord Foundry, will be launching their token, FJO, in an LBP and token airdrop, with the LBP starting on April 16th. The LBP will distribute 7.5% of the token supply, with the initial circulating supply being 15 million tokens (15% of supply).\nBlast Multipliers are now live. Blast Multipliers can be obtained through specific activities on the chain and permanently increase a user’s point balance and the rate at which points are earned. Users can now earn a Multiplier by using any of the featuredspotorperpetualsdecentralized exchanges(DEXs) on Blast.\nData availabilitylayer,Celestia, releases Blobstream onArbitrum One, enabling developers to deploy Arbitrum Orbit chains on Arbitrum andBasewhile leveraging Celestia under the hood.\nOther Product Launches and Updates\n• Memelandteases their upcomingL2,Memenet, a safe and low-cost environment for degens to build on-chain. The network will use MEME as their gas token and is looking to launchtestnetin June beforemainnetlaunch in September this year.\n• Stakinginfrastructure protocol,StakeStone, partners with Bitcoin L2, Merlin, to release mSTONEBTC, the first yield-bearing BTC token, based on theProof-of-Stakemechanism of Bitcoin L2s.\n• Ethereum top DEX,Uniswap, launches on Blur L2, Blast, enabling liquidity providers to earn additional native yield on their positions due to Blast’s rebasing functionality. Additionally, a commemorativeNFTmint has been launched on Zora to celebrate the launch.\n• Payment-focused blockchain,Fuse Network, announces their upcoming airdrop program. Fuse Network is in a transition from an L1 to an L2 powered byPolygon’s chain development kit (CDK) as azero-knowledge rollup.\nOptimism-basedsynthetic assettrading protocol,Synthetix, gains approval from governance to deploy on Solana as well as Move-based chain,Sui, in a bid to expand the Synthetix ecosystem beyondEthereum Virtual Machine(EVM) chains.\nSei Networkpartners up with Rollup-as-a-Service provider,AltLayer, to easily deploy parallelized execution application-specific rollups, leveraging the upcoming Sei V2 upgrade, which will bring the parallelized EVM to the chain.\nPrivacy-focused chain, Namada, unveils their upcoming roadmap, leading up to their mainnet launch and genesis airdrop. The rollout will take place over five phases, including the rollout of features such as staking,cross-chaintransfers and more.\nETH-backed synthetic dollar protocol, Ethena Labs, opens claims for their governance token, ENA, simultaneously kicking off season 2 of their airdrop campaign, the Sats Campaign, which will last untilUSDehits $5 billion market cap or for five months, whichever is earlier.\nSolana leading money market platform, Kamino Finance, releases the airdrop checker for their genesis token drop. 303 points in the first season of their points program translates approximately to 1 KMNO token.\nInteroperabilitylayer,Wormhole, opens claims for the W token airdrop, launching as a Solana-native SPL token. Upcoming on the roadmap will be delegation of W tokens for governance andmulti-chaingovernance.\nSolana NFT aggregator platform, Tensor, announces the end of Season 3 and their upcoming TNSR token airdrop. Users will receive Treasure Boxes for the points accumulated in Seasons 1-3, with the boxes containing TNSR tokens. All boxes will be visible and can be opened on 8th April.\nHumble DeFi Farmer explains thatmemeswill continue to catalyze the cycle and the chains that facilitate this speculation will continue to excel.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• Bitcoin\'s triangular consolidation has ended with a bullish breakout, opening the door to $80,000, according to analysis by 10x Research.\n• The latest breakout comes on the back of a blowout U.S. jobs report.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.\nEarly Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.\n"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.\nThe upside target of $80,000 equates to at least a 10% rise from the current price of $72,300.\nThe breakout comes on the heels of ahotter-than-expected nonfarm payrollsreport thathighlighted the U.S. economic resilience, spurring risk-taking across all corners of the financial market.\nBitcoin has been riding what can be described as an "everything rally" this year. Not only has the cryptocurrency soared to new highs, but so have traditional assets like Wall Street\'s tech-heavy index, Nasdaq, the broader S&P 500 and gold. The cryptocurrency\'s rally has been supported bypersistent expansionin the supply of major stablecoins.\nIn technical analysis, investors and analysts study price patterns to predict future trends in the asset. A symmetrical triangle, often called a coil, represents consolidation within a narrowing price range. The market typically builds energy during the consolidation, which is eventually unleashed in the direction in which the range is resolved. More often than not, symmetrical triangles end with a bullish breakout.', '• Bitcoin\'s triangular consolidation has ended with a bullish breakout, opening the door to $80,000, according to analysis by 10x Research.\n• The latest breakout comes on the back of a blowout U.S. jobs report.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.\nEarly Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.\n"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.\nThe upside target of $80,000 equates to at least a 10% rise from the current price of $72,300.\nThe breakout comes on the heels of ahotter-than-expected nonfarm payrollsreport thathighlighted the U.S. economic resilience, spurring risk-taking across all corners of the financial market.\nBitcoin has been riding what can be described as an "everything rally" this year. Not only has the cryptocurrency soared to new highs, but so have traditional assets like Wall Street\'s tech-heavy index, Nasdaq, the broader S&P 500 and gold. The cryptocurrency\'s rally has been supported bypersistent expansionin the supply of major stablecoins.\nIn technical analysis, investors and analysts study price patterns to predict future trends in the asset. A symmetrical triangle, often called a coil, represents consolidation within a narrowing price range. The market typically builds energy during the consolidation, which is eventually unleashed in the direction in which the range is resolved. More often than not, symmetrical triangles end with a bullish breakout.', '(Bloomberg) -- Crypto startup deals are back. After a brutal year for cryptocurrency and blockchain-related companies, venture capital investment in the industry ticked up by nearly one-third from the previous quarter, according to new data.\nMost Read from Bloomberg\n• US Sees Imminent Missile Strike on Israel by Iran, Proxies\n• Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud\n• US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets\n• Russia Destroys Largest Power Plant in Ukraine’s Kyiv Region\n• Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips\nVC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year, PitchBook data show. At the same time, crypto startups are raising more capital and venture firms are launching new digital asset funds.\n“Investors are spending money again,” PitchBook crypto analyst Robert Le said. “Over the last two years, 18 months, they’d been holding onto the capital that they’ve raised.”\nLe said that the refreshed enthusiasm for crypto was partly sparked by the approval of Bitcoin exchange-traded funds in January and interest in the intersection of crypto and artificial intelligence. During the doldrums of 2023 and late 2022, VCs were loathe to tap into the funds they raised during the last crypto bull market. This year that’s started to change.\nAnand Iyer, managing general partner of early stage venture fund Canonical Crypto, said that he’s seen funding activity pick up in recent months. He noted that some founders now raising money aren’t newcomers to the industry. “They actually built something in the last cycle that didn’t pan out,” Iyer said.\nSome early features of crypto that were prominent during the last bull market have come back as well. For example, the latest memecoin frenzy has echoes of past crazes. Websites like pump.fun have enabled anyone with an internet connection to create pointless tokens inspired by animals, pop culture or virtually any other subject. “They’re funny and all these things, but it is very cultural to crypto,” Iyer said.\nOther VCs are latching onto signs of maturity for the industry.\nJohn Lo, a managing partner who oversees digital asset investing at Recharge Capital, was previously part of the leadership at decentralized crypto exchange Sushi under the pseudonym “Omakase,” and even used an Anime character filter during a webinar appearance to conceal his identity.\nWhile Lo said that there are some teams still raising capital pseudonymously, that trend is a nostalgic “remnant” of past crypto culture. Instead, he and his team are excited about the impact of established financial institutions diving deeper into crypto, as evidenced by the Bitcoin ETF approvals.\n“We’re seeing usage of Bitcoin and adoption of Bitcoin at a scale that we haven’t seen before,” he said.\nAt the same time, there’s still room for improvement. Recharge is focused on backing startups that can build better crypto infrastructure and make the industry more appealing to investors. “Crypto is still very early,” Lo said.\nMost Read from Bloomberg Businessweek\n• How a Pioneering Blackjack Master Beats the Odds of Aging\n• Toyota Pins Its Hopes on Revamped 4Runner to Beat Ford and Hyundai\n• Race for AI Supremacy in Middle East Is Measured in Data Centers\n• Everyone Is Rich, No One Is Happy. The Pro Golf Drama Is Back\n• Cocoa’s Surge Is Drawing Africa’s Farmers Back to the Bean\n©2024 Bloomberg L.P.', '(Bloomberg) -- Crypto startup deals are back. After a brutal year for cryptocurrency and blockchain-related companies, venture capital investment in the industry ticked up by nearly one-third from the previous quarter, according to new data.\nMost Read from Bloomberg\n• US Sees Imminent Missile Strike on Israel by Iran, Proxies\n• Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud\n• US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets\n• Russia Destroys Largest Power Plant in Ukraine’s Kyiv Region\n• Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips\nVC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year, PitchBook data show. At the same time, crypto startups are raising more capital and venture firms are launching new digital asset funds.\n“Investors are spending money again,” PitchBook crypto analyst Robert Le said. “Over the last two years, 18 months, they’d been holding onto the capital that they’ve raised.”\nLe said that the refreshed enthusiasm for crypto was partly sparked by the approval of Bitcoin exchange-traded funds in January and interest in the intersection of crypto and artificial intelligence. During the doldrums of 2023 and late 2022, VCs were loathe to tap into the funds they raised during the last crypto bull market. This year that’s started to change.\nAnand Iyer, managing general partner of early stage venture fund Canonical Crypto, said that he’s seen funding activity pick up in recent months. He noted that some founders now raising money aren’t newcomers to the industry. “They actually built something in the last cycle that didn’t pan out,” Iyer said.\nSome early features of crypto that were prominent during the last bull market have come back as well. For example, the latest memecoin frenzy has echoes of past crazes. Websites like pump.fun have enabled anyone with an internet connection to create pointless tokens inspired by animals, pop culture or virtually any other subject. “They’re funny and all these things, but it is very cultural to crypto,” Iyer said.\nOther VCs are latching onto signs of maturity for the industry.\nJohn Lo, a managing partner who oversees digital asset investing at Recharge Capital, was previously part of the leadership at decentralized crypto exchange Sushi under the pseudonym “Omakase,” and even used an Anime character filter during a webinar appearance to conceal his identity.\nWhile Lo said that there are some teams still raising capital pseudonymously, that trend is a nostalgic “remnant” of past crypto culture. Instead, he and his team are excited about the impact of established financial institutions diving deeper into crypto, as evidenced by the Bitcoin ETF approvals.\n“We’re seeing usage of Bitcoin and adoption of Bitcoin at a scale that we haven’t seen before,” he said.\nAt the same time, there’s still room for improvement. Recharge is focused on backing startups that can build better crypto infrastructure and make the industry more appealing to investors. “Crypto is still very early,” Lo said.\nMost Read from Bloomberg Businessweek\n• How a Pioneering Blackjack Master Beats the Odds of Aging\n• Toyota Pins Its Hopes on Revamped 4Runner to Beat Ford and Hyundai\n• Race for AI Supremacy in Middle East Is Measured in Data Centers\n• Everyone Is Rich, No One Is Happy. The Pro Golf Drama Is Back\n• Cocoa’s Surge Is Drawing Africa’s Farmers Back to the Bean\n©2024 Bloomberg L.P.', 'SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ:IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.\nKey Highlights\n• Previously announced 3-month AI cloud services agreement with leading AI company, poolside\n• Agreement is now upsized from 248 to 504 NVIDIA H100 GPUs following successful initial deployment\n• Additional 4-month term commencing mid-April 2024, and extension option for a further 2 months at the customer’s election\nIREN has upsized and extended its AI cloud services agreement with poolside, more than doubling the contracted cluster size from 248 to 504 NVIDIA H100 GPUs.\nThe contract is for an additional 4-month term commencing mid-April, 2024, with an extension option for a further 2 months at the customer’s election.\nEiso Kant, CTO and Co-Founder of poolside, commented:\n“We’ve been very impressed with the outperformance of IREN’s NVIDIA H100 GPU cluster as it sits amongst the best-in-class in reliability and performance, as well as the IREN team’s commitment to customer support. Our business has growing demand for GPU compute and we’re pleased to expand our partnership with IREN to support our growth.”\nDaniel Roberts, Co-Founder and Co-CEO of Iris Energy, commented:\n“The expansion of our partnership with poolside highlights the quality of our AI Cloud Services business, including our performance-focused technology stack for AI and next-generation data centers powered by renewable energy.”\nAbout IREN\nIREN is a leading next-generation data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy.\n• Bitcoin Mining:providing security to the Bitcoin network, expanding to 20 EH/s in 2024. Operations since 2019.\n• AI Cloud Services:providing cloud compute to AI customers, 816 NVIDIA H100 GPUs. Operations since 2024.\n• Next-Generation Data Centers: 220MW of operating data centers, expanding to 460MW in 2024. Specifically designed and purpose-built infrastructure for high-performance and power-dense computing applications.\n• Technology: technology stack for performance optimization of AI Cloud Services, Bitcoin Mining and energy trading operations.\n• Development Portfolio:2,160MW of secured power capacity across North America, >1,000 acre property portfolio and additional development pipeline.\n• 100% Renewable Energy (from clean or renewable energy sources or through the purchase of RECs): targets sites with low-cost & underutilized renewable energy, and supports electrical grids and local communities.\nContacts\n[]\nTo keep updated on IREN’s news releases and SEC filings, please subscribe to email alerts athttps://iren.com/investor/ir-resources/email-alerts.\nForward-Looking Statements\nThis press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. For example, forward-looking statements include but are not limited to the Company’s business strategy, expected operational and financial results, and expected increase in power capacity and hashrate. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled” or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.\nThese forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to be materially different from any future results performance or achievements expressed or implied by the forward looking statements, including, but not limited to: Bitcoin price and foreign currency exchange rate fluctuations; IREN’s ability to obtain additional capital on commercially reasonable terms and in a timely manner to meet its capital needs and facilitate its expansion plans; the terms of any future financing or any refinancing, restructuring or modification to the terms of any future financing, which could require IREN to comply with onerous covenants or restrictions, and its ability to service its debt obligations; IREN’s ability to successfully execute on its growth strategies and operating plans, including its ability to continue to develop its existing data center sites and its ability to diversify into the market for AI Cloud Services ("AI Cloud") solutions; IREN’s limited experience with respect to new markets it has entered or may seek to enter, including the market for AI Cloud solutions; expectations with respect to the ongoing profitability, viability, operability, security, popularity and public perceptions of the Bitcoin network; expectations with respect to the profitability, viability, operability, security, popularity and public perceptions of any AI Cloud solutions that IREN offers; IREN’s ability to secure and retain customers on commercially reasonable terms or at all, particularly as it relates to its strategy to expand into AI Cloud solutions; IREN’s ability to manage counterparty risk (including credit risk) associated with any current or future customers and other counterparties; IREN’s ability to secure renewable energy, renewable energy certificates, power capacity, facilities and sites on commercially reasonable terms or at all; the risk that any current or future customers or counterparties may terminate, default on or underperform their contractual obligations; Bitcoin global hashrate fluctuations; delays associated with, or failure to obtain or complete, permitting approvals, grid connections and other development activities customary for greenfield or brownfield infrastructure projects; IREN’s reliance on power utilities providers, third party mining pools, exchanges, banks, insurance providers and its ability to maintain relationships with such parties; expectations regarding availability and pricing of electricity; IREN’s participation and ability to successfully participate in demand response products and services and other load management programs run, operated or offered by electricity network operators, regulators or electricity market operators; the availability, reliability and/or cost of electricity supply, hardware and electrical and data center infrastructure, including with respect to any electricity outages and any laws and regulations that may restrict the electricity supply available to IREN; any variance between the actual operating performance of IREN’s hardware achieved compared to the nameplate performance including hashrate; IREN’s ability to curtail its electricity consumption and/or monetize electricity depending on market conditions, including changes in Bitcoin mining economics and prevailing electricity prices; actions undertaken by electricity network and market operators, regulators, governments or communities in the regions in which IREN operates; the availability, suitability, reliability and cost of internet connections at IREN’s facilities; IREN’s ability to secure additional hardware, including hardware for Bitcoin mining and AI Cloud solutions it may offer, on commercially reasonable terms or at all, and any delays or reductions in the supply of such hardware or increases in the cost of procuring such hardware; expectations with respect to the useful life and obsolescence of hardware (including hardware for Bitcoin mining as well as hardware for other applications, including AI Cloud solutions IREN may offer); delays, increases in costs or reductions in the supply of equipment used in IREN’s operations; IREN’s ability to operate in an evolving regulatory environment; IREN’s ability to successfully operate and maintain its property and infrastructure; reliability and performance of IREN’s infrastructure compared to expectations; malicious attacks on IREN’s property, infrastructure or IT systems; IREN’s ability to maintain in good standing the operating and other permits and licenses required for its operations and business; IREN ability to obtain, maintain, protect and enforce its intellectual property rights and other confidential information; whether the secular trends IREN expects to drive growth in its business materialize to the degree it expects them to, or at all; the occurrence of any environmental, health and safety incidents at IREN’s sites, and any material costs relating to environmental, health and safety requirements or liabilities; damage to its property and infrastructure and the risk that any insurance IREN maintains may not fully cover all potential exposures; ongoing proceedings relating to the default by two of IREN’s wholly-owned special purpose vehicles under limited recourse equipment financing facilities; ongoing securities litigatio Last 60 Days of Bitcoin's Closing Prices:* [45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-08 Financial & Commodity Data: - Gold Closing Price: $2331.70 - Crude Oil Closing Price: $86.43 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,417,099,858,250 - Hash Rate: 652897941.3013152 - Transaction Count: 455617.0 - Unique Addresses: 685180.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Bitcoin has rallied 11.5% in 24 hours, printinghighs near $57,000for the first time since late 2021. Traders from Bitfinex led the charge, snapping up $123 million worth of bitcoin during early trading in Asia, according to data tracked by pseudonymous analyst “exitpump.” Forcedunwinding of short betsand decentspot buyingon Binance added to the bullish momentum, which, as usual, lifted the broader market higher. TheCoinDesk 20 Index, a wider market gauge, gained more than 8% over the same period. Pantera founder Dan Morehead said the spot ETFs have brought in a wave of institutional capital into the bitcoin market, explaining the rally. Inflows to the tune of 3,000 BTC per day, coupled with the impending 50% decline in daily BTC generation to 450 following April’s reward halving, means potential for price appreciation, Morehead explained, saying, “Crypto Spring has arrived early.” Turks looking to diversify into alternative assets to beat domesticinflationcan now trade cryptocurrencies on a platform owned by OKX, the world’s fourth-largest by trading volumes.OKX announcedthe launch ofOKX.TR,a localized version of the platform in Turkey, with trading pairs denominated in Turkish lira. “Turkey is a very important and special market for us. It ranks high in terms of crypto adoption and crypto transaction volume,” OKX President Hong Fang said in an interview with CoinDesk. In 2021, Turkish citizens, facing high inflation and a fiat currency crisis,poured money intostablecoin tether and memecoin SHIB. Uniswap’s native governance token UNIsurged 60%on Friday after the decentralized exchange proposed distributing protocol fees to token stakers.The price rally saw a whale address, which received 5.44 million UNI in 2020,liquidate 90,000 tokensfor $1.03 million,according to data tracked by blockchain sleuth Lookonchain. The wallet still holds 926,000 UNI tokens worth $10.6 million. At press time, UNI changed hands at $11.08, slightly down from Friday highs above $12.80. The token has gained 53% this year. • The chart shows a 24-hour change in bitcoin options, open interest, or the number of active option contracts, at various strike levels. • Open interest has increased in call options at strikes $58,000, $60,000 and higher. • Call options give the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market. • Source: Amberdata - Omkar Godbole • Ether Demand Is Driven by U.S. Investors, Data Shows • Stablecoin USDC Is Making a Comeback: Coinbase • HTX Withdraws Hong Kong Crypto Exchange Application... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Grab(GRAB),\xa0the Singapore-headquartered “Everyday Everything App,” is Southeast Asia’s answer to Uber, DoorDash, Instacart, and Venmo — all in a single platform.\nBest known for its ride-hailing and delivery services, the Grab app also offers a wallet feature that allows users to make payments online and in person, send money to family and friends, finance purchases over time, and even buy travel insurance.\nIn essence, Grab is (attempting to become) the go-to digital toolkit for everyday life in theeight countries in which it operates— currently, that’s Cambodia, Indonesia, Singapore, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.\nThe app has been called Southeast Asia’s answer to Uber, and, as of late 2023, Grab reportedly serves 35 million unique users each monthaccording to the Business Times.\nPhoto by Paul Lakatos/SOPA Images/LightRocket via Getty Images\nTrading publicly in the United States on theNasdaq exchangesince its 2021IPO, the company turned a profit for the first time during the fourth quarter of 2023 and shows no signs of slowing down.\nHere’s what you need to know about Grab\'s features, its stock, and its ongoing quest to become Southeast Asia’s “one app to rule them all.”\nRelated: Surge pricing: Examples & how it works on Uber, Lyft, DoorDash & more\nGrab was born in 2012 atHarvard Business School,the brainchild of Anthony Tan (CEO) and Tan Hooi Ling (COO), both Malaysian nationals who earned their MBAs there the year prior. The pair launched their mobile app — then called “My Teksi” — using a $25,000 grant from the school along with an unknown amount of personal capital.\nThe purpose of the app was to connect taxi drivers with passengers via their smartphones in order to create a simple and orderly alternative to Malaysia’s then-chaotic (and sometimes unsafe, especially for female riders) ride-hailing environment.\nIn 2013, the company — by then called GrabTaxi — expanded, making its digital ride-hailing app available in the Philippines that summer, then in Singapore and Thailand before the year’s end. The next year, the company rolled out a fleet of 100 electric taxis in Singapore, expanded operations to major cities in Vietnam and Indonesia, and launched GrabBike, a ride-hailing service for motorbike rides.\nLionel Ng/Bloomberg via Getty Images\nIn 2015, the company launched GrabExpress as a package courier service. The following year, it rebranded (shortening its name to Grab and updating its logo) and introduced in-app messaging and translation for drivers and riders. It also created the GrabRewards program, through which users can earn points redeemable toward discounts on subsequent Grab services.\nIn 2017, the company launched GrabPay, its first financial technology offering, after acquiring an Indonesian payment company called Kudo. Next, it acquired Uber’s Southeast Asian assets and operations in early 2018, cementing Grab’s status as the dominant ride-hailing service in the region.\nAs a result of this acquisition, which included Uber Eats, Grab added food-delivery services to its suite of offerings, first in Singapore and Malaysia, and then in the remainder of its market before the year’s end.\nRelated: The 5 most startling Chapter 11 retailer bankruptcies since 2020\nAs part of this deal, Uberreceived a 27.5% stakein Grab, and Uber CEODara Khosrowshahijoined the company’s board. So, the American-based ride-hailing and delivery giant now has a vested interest in seeing Grab succeed in its own market. Also as part of this 2018 acquisition, Grabagreed to go public by March 2023, a promise it kept with a little over a year to spare.\nBusiness Insiderreported the same yearthat Grab had become Southeast Asia’s first “decacorn” after securing more funding than any other tech startup in the region during the three years prior.\xa0(Unicorns are privately held companies worth more than $1 billion, while “decacorns” are privately held companies worth over $10 million.)\nThe company continued to make acquisitions in the fintech space, gradually expanding its in-app financial offerings to include money transfers, payments to merchants, microloans, insurance services for drivers and passengers, and buy-now-pay-later programs.\nBloomberg/Getty Images\nBy the time it went public on the U.S. stock market via a SPAC merger with Altimeter Growth Corp., the company had built a vast network of partnerships that allowed customers to hail car and motorbike rides, book travel, order food, pay for goods and services, send and receive money, and even obtain travel insurance policies.\nIn December 2021, Grab shares opened at $13.06 during the company’s first day trading on the Nasdaq, but they tumbled to around half that by the end of the day. Shares continued to fall, and for the next two years, they bobbed up and down in the $2.80 to $3.80 range.\nIn the fourth quarter of 2023, however, Grab moved into the black for the first time,posting a profit of $11 millionon revenue of $653 million, up 30% from the 2022 fourth quarter.\nSo, what’s next for the Uber-backed “everything app?”\nRelated: A History of Reddit: From “front page of the internet” to billion-dollar valuation\nThemarket has knownsince late February 2024 that Grab became profitable during 2023’s final quarter and that it was initiating its first-evershare repurchaseprogram (both of these are usually positives for a stock). That news, however, didn’t seem to do much to bolster the company’s stock price, which sat at around $3.16 then and hadn’t moved much by early April.\nThe company’s first-quarter 2024earnings callis set for May 16, and any guidance the company issues on the call could be the catalyst that pushes the stock out of its limbo.\nAs of this article\'s last update, company insiders held about a quarter of Grab\'s stock, whileinstitutional investors— including Morgan Stanley, Blackrock, Invesco, and Bank of America — held just shy of 55% percent.Short intereststood at 2.73%, indicating largely positive sentiment.\nTiprankslisted Grab as a "strong buy"based on 10 analyst ratings with an average 12-month upside of about 34%.\nDuring the company’s last earnings call, CEO Anthony Tan said that Grab has grown to become the “largest on-demand platform in the region at a scale that is over 3x larger than [its] next-closest competitor.”\nHe also noted that, as pandemic-related travel hesitation has waned, the company’s “mobility revenues also increased by 26% YoY in Q4 and 36% YoY for the entire year, driven by an increase in tourist ride-hailing demand.”\nDuring the call, Tan mentioned that the brand is increasing its focus on its travel segment. The travel business offers hotel booking and travel insurance services (more on these below), as non-local travelers tend to spend more than local customers in the markets where Grab operates.\nAll signs point to continued growth, but growth is expensive, so whether the company will continue to post profits in subsequent quarters will depend on how much it spends on acquisitions and partnerships vs. how much it leverages its current assets.\nRelated: Boeing\'s turbulent descent: The company’s scandals & mishaps explained\nBecause Grab operates in hundreds of cities across eight different countries, the services it offers vary by location. So, some of the features explained here may not be available in all markets.\nFor instance, Grab users in Vietnam, where motorbikes are ubiquitous, can order motorbike rides as a cheaper alternative to hiring a car, whereas in Singapore, where motorbikes are less popular, only car taxi rides are available.\nTaxi-hailing was Grab’s first offering when it launched in Malaysia in 2012. The company’s mobility arm remains one of its most important, although it now ranks second to delivery in terms of revenue.\nFunctionally, Grab rides work much like those booked through Uber or Lyft in the U.S. Grab users can enter their destination and book taxi rides through the app with the cost shown up-front. Those willing to wait longer for a ride, share a car with other riders, or ride on the back of a motorbike can access lower fares.\nAll riders can view drivers’ details and ETA, and message drivers with instructions (the app can translate these messages if the rider and driver use different languages). Larger vehicles, pet-friendly cars, cars with booster seats for children, and luxury vehicles are also available at various price points.\nLILLIAN SUWANRUMPHA/Getty Images\nGrab offers three types of delivery services: food, mart, and express. Together, these services account for more revenue than the company’s ride-hailing services.\nGrab’s food-delivery feature is quite similar to DoorDash and Uber Eats. Customers can browse the menus of a variety of restaurants, ranging from street carts to fine dining, and order food for delivery, pick-up, or dine-in. Deliveries can be immediate or scheduled, and in-app discounts, coupons, and rewards are sometimes made available.\nGrab’s mart delivery feature is similar to American apps like Instacart and GoPuff. Users can browse the wares of partner grocery, pharmacy, and convenience stores and order anything from food staples to toiletries. Deliveries can scheduled ahead of time or placed on an ASAP basis.\nGrabExpress is the company’s courier feature, which offers the types of services bike messengers provide in large American cities. A user requests a delivery and then hands off their parcel to a Grab partner, who immediately totes it to its destination, providing photographic proof of delivery upon completion.\nThis service can be used to send anything from a confidential single-page document to a 50 kg (110 lb) package, and all deliveries are automatically insured up to $500 (additional protection of up to $2,000 can be purchased for higher-value deliveries).\nBloomberg/Getty Images\nSince around 2017, Grab has been expanding the financial side of its app via strategic acquisitions and partnerships with fintech companies. Its financial products vary depending on location, but most center around the GrabPay Wallet.\nThe GrabPay Wallet is a cashless payment system Grab customers can use to pay for Grab services, pay bills, send money to others, and make purchases online and in-person at merchants that accept GrabPay.\nThe GrabPay Wallet’s functionality is similar to that of Paypal or Apple Pay, and by using it, customers accumulate GrabRewards points that can be redeemed toward any of the services the Grab app offers.\nGrab riders are automatically insured up to $20,000 in personal accident coverage whenever they hail a car or bike, and supplementary coverage of up to $100,000 can be purchased for an additional $0.30 per ride.\nGrab drivers are also insured automatically up to $20,000 for accident-caused death or disability and up to $2,000 for accident-caused medical expenses.\nThird-party liability insurance also covers drivers up to $200,000 for injury or property damage to others. Driver insurance also pays out up to $200 per day for 60 days of hospitalized medical leave or 14 days of non-hospitalized medical leave.\nGrab also offers some in-app solutions for non-local travelers, although these are still somewhat limited.\nGrab users who are traveling can use the app to purchase travel insurance that covers things like medical expenses, delays, and lost luggage. Users enter basic information like their destination and trip duration, and the app provides an instant quote, with daily premiums starting at around $4.\nGrab users can book stays at millions of hotels directly through the Grab app, sometimes with Grab-exclusive discounts, earning Grab rewards as they do so.\nRelated: Bitcoin\'s history: A timeline of the crypto\'s milestones ahead of halving event', '(Corrects bitcoin record high in paragraph 7)\nLONDON, April 8 (Reuters) - Consumers are becoming slightly less sceptical about bitcoin, a Deutsche Bank survey published on Monday showed, although just under a third of those questioned still expect its price to drop sharply by the end of 2024.\nWHY IT\'S IMPORTANT\nAlthough people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have said it has no inherent value and presents risks.\nBY THE NUMBERS\nDeutsche Bank said it surveyed more than 3,600 consumers, with 52% of respondents saying cryptocurrencies will be an "important asset class and method of payment transactions" in future. Less than 40% said that when surveyed in September 2023.\nA third of U.S. respondents expect bitcoin to drop below $20,000 by the end of 2024. This group is getting slightly smaller. It was 35% in February and 36% in January.\nThe number of people who think cryptocurrencies are "just a fad that will eventually fade" dropped to less than 1%.\nStill, only 10% of respondents expect bitcoin to be above $75,000 by year-end.\nCONTEXT\nBitcoin hit a three-week high on Monday. It reached an all-time high of $73,803.25 in March, recovering from a dramatic plunge in 2022.\nThe recent revival is due to excitement about spot bitcoin ETFs and expectations of rate cuts, analysts say.\nWHAT\'S NEXT\nSome analysts see bitcoin\'s recent recovery above $70,000 as a sign that investors are shrugging off the warnings.\nDeutsche Bank analysts said expect bitcoin\'s price to be supported by the upcoming "bitcoin halving", as well as by regulation, central bank rate cuts, and expectations that the SEC will approve spot ethereum ETFs. (Reporting by Elizabeth Howcroft; Editing by Dhara Ranasinghe and Alexander Smith)', '• US stocks traded mixed Monday while the 10-year Treasury bond yield reached a new 2024 high.\n• Markets think the odds of a June rate cut have declined to about 50-50.\n• Wednesday\'s CPI data will be a key data point to inform the path of Fed policy.\nUS stocks were mixed at the end of Monday\'s trading session as equity markets hit the brakes on a five-month rally and readjusted interest rate expectations.\nEquities\' modest gain on the day is a continuation of last week\'s shifting market sentiment after hotter-than-anticipated economic readings triggered a considerable pullback. Strong data also sent long-dated Treasury yields soaring, with the 10-year rate hitting a 2024 high on Monday of 4.42%\nFriday\'s stunning jobs report further scrambled the view of rate cuts this year. The data showed that303,000 jobs were added in March,blowing past expectations. With the economy still resilient, the need for the Fed to cut rates to boost growth and avert a downturn has dwindled.\nNow, markets see the odds of a June cut as coming down to about 50-50,CME FedWatch data shows.\nAs markets await more clues of the Fed\'s future action, most will focus on Wednesday\'s consumer price index report.\n"Consensus forecasts monthly rises in both the headline and core readings at 0.3%. Even though these are a tick lower than the February print, they are still too high to bring inflation closer to the Fed\'s 2% target in the near term," Jamie Dutta, market analyst at Vantage, said. "That means the early inflation noise that kicked off the year continues to linger and is not a good sign for those clamoring for a rate cut at the end of this quarter."\nA slew of Fed officials will also be speaking this week, including New York Fed President John Williams and Boston President Susan Collins, who will both speak on Thursday. Markets will also be parsing the minutes of the March policy meeting, set to publish on Wednesday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500: 5,202.39, down 0.04%\n• Dow Jones Industrial Average: 38,892.80, down 0.03% (-11.24 points)\n• Nasdaq Composite: 16,253.96, up 0.03%\nHere\'s what else happened today:\n• Anumber of recession indicators are flashing red, economist David Rosenberg warns.\n• Gold could rally another 50% into 2025, according to Ed Yardeni.\n• Rapid rise of private credit might bedriving systemic risk, IMF cautions.\n• TSMC rises after a$11.6 billion chipmaking deal with the USto boost production.\n• Recession odds are now at a 2-year low, Bankrate says.\n• Investors aretoo optimistic amid geopolitical turmoil and inflationary era, Jamie Dimon wrote in shareholder letter.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil slumped 0.4% to $86.53 a barrel.Brent crude, the international benchmark, slipped by 0.7% to $90.53 a barrel.\n• Goldgained 0.4% $2,339.98 per ounce.\n• The 10-year Treasury yield rose four basis points to 4.42%.\n• Bitcoinincreased by 3.6% to $71,859.\nRead the original article onBusiness Insider', '(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7)\nLONDON (Reuters) - Consumers are becoming slightly less sceptical about bitcoin, a Deutsche Bank survey published on Monday showed, although just under a third of those questioned still expect its price to drop sharply by the end of 2024.\nWHY IT\'S IMPORTANT\nAlthough people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have said it has no inherent value and presents risks.\nBY THE NUMBERS\nDeutsche Bank said it surveyed more than 3,600 consumers, with 52% of respondents saying cryptocurrencies will be an "important asset class and method of payment transactions" in future. Less than 40% said that when surveyed in September 2023.\nA third of U.S. respondents expect bitcoin to drop below $20,000 by the end of 2024. This group is getting slightly smaller. It was 35% in February and 36% in January.\nThe number of people who think cryptocurrencies are "just a fad that will eventually fade" dropped to less than 1%.\nStill, only 10% of respondents expect bitcoin to be above $75,000 by year-end.\nCONTEXT\nBitcoin hit a three-week high on Monday. It reached an all-time high of $73,803.25 in March, recovering from a dramatic plunge in 2022.\nThe recent revival is due to excitement about spot bitcoin ETFs and expectations of rate cuts, analysts say.\nWHAT\'S NEXT\nSome analysts see bitcoin\'s recent recovery above $70,000 as a sign that investors are shrugging off the warnings.\nDeutsche Bank analysts said expect bitcoin\'s price to be supported by the upcoming "bitcoin halving", as well as by regulation, central bank rate cuts, and expectations that the SEC will approve spot ethereum ETFs.\n(Reporting by Elizabeth Howcroft; Editing by Dhara Ranasinghe and Alexander Smith)', "In a recent report, digital asset fund manager CoinShareshighlightedthat the influx of cash into cryptocurrency funds, which has been driving upBitcoin's price, may start to taper off. Last week alone, $646 million entered major funds focused on digital asset investment, pushing the total inflows for 2024 to a record high of $13.8 billion.\nWhile Grayscale's Bitcoin Trust (GBTC) continued to experience outflows after its conversion to an exchange-traded fund (ETF) in January, investors showed interest in other Bitcoin-focused funds. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund received new investments, indicating a continued appetite for Bitcoin exposure. Although Bitcoin remained the primary focus for investment inflows, CoinShares noted that investor enthusiasm for these products is starting to moderate.\nHowever, as anticipated by experts, including CoinShares, the outflows from GBTC are expected to slow down. As investors redeem shares they were previously unable to sell when GBTC operated as a closed-end fund, the pace of outflows is likely to decrease. CoinShares' report also highlighted that while European crypto funds offering exposure to digital assets like Solana and Litecoin experienced inflows, Ethereum funds witnessed cash withdrawals for the fourth consecutive week.\nBitcoin is currently trading at $71,316, slightly below its all-time high of $73,737 reached in March. BTC gained 6.84% in the past week as the Bitcoin halving, set for April 20, is approaching.", "In a recent report, digital asset fund manager CoinShareshighlightedthat the influx of cash into cryptocurrency funds, which has been driving upBitcoin's price, may start to taper off. Last week alone, $646 million entered major funds focused on digital asset investment, pushing the total inflows for 2024 to a record high of $13.8 billion.\nWhile Grayscale's Bitcoin Trust (GBTC) continued to experience outflows after its conversion to an exchange-traded fund (ETF) in January, investors showed interest in other Bitcoin-focused funds. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund received new investments, indicating a continued appetite for Bitcoin exposure. Although Bitcoin remained the primary focus for investment inflows, CoinShares noted that investor enthusiasm for these products is starting to moderate.\nHowever, as anticipated by experts, including CoinShares, the outflows from GBTC are expected to slow down. As investors redeem shares they were previously unable to sell when GBTC operated as a closed-end fund, the pace of outflows is likely to decrease. CoinShares' report also highlighted that while European crypto funds offering exposure to digital assets like Solana and Litecoin experienced inflows, Ethereum funds witnessed cash withdrawals for the fourth consecutive week.\nBitcoin is currently trading at $71,316, slightly below its all-time high of $73,737 reached in March. BTC gained 6.84% in the past week as the Bitcoin halving, set for April 20, is approaching.", "Bitcoin (BTC)is making a strong comeback, surging past $71,000 after a month of sideways trading. According to CoinMarketCap data, the largest cryptocurrency by market capitalization is now around 3.4% away from its all-time high of $73,737, which it reached in March.\nThe rally in Bitcoin's price has had a positive impact on companies associated with the crypto industry. MicroStrategy (MSTR), a software company, has seen its stock surge over 6%, currently trading at $1,531.67 per share. MicroStrategy has actively added BTC to its balance sheet this year, holding $15 billion worth of Bitcoin currently. Since January, the company's stock has more than doubled, boasting a remarkable 122% gain. Michael Saylor, the co-founder and chairman of MicroStrategy, has advocated that investing in the company's stock provides a safe way for investors to gain exposure to BTC.\nUS-based crypto exchange Coinbase (COIN), the largest crypto exchange in the United States, has also experienced a surge of over 6% in its stock price. The exchange, which went public in 2021, has been performing well this year. In February, Coinbase shared its Q4 2023 results, showing a return to profitability. Currently priced at $255.99 per share, Coinbase's stock has jumped by over 63% in 2024.\nHowever, Bitcoin mining companies are not seeing significant gains. Hut 8 Corp (HUT) has seen a marginal jump of less than 2% and is currently priced at $9.14 per share. CleanSpark, a company that utilizes green energy for BTC mining, has observed a rise of over 1%, with its stock trading at $15.79.", "Bitcoin (BTC)is making a strong comeback, surging past $71,000 after a month of sideways trading. According to CoinMarketCap data, the largest cryptocurrency by market capitalization is now around 3.4% away from its all-time high of $73,737, which it reached in March.\nThe rally in Bitcoin's price has had a positive impact on companies associated with the crypto industry. MicroStrategy (MSTR), a software company, has seen its stock surge over 6%, currently trading at $1,531.67 per share. MicroStrategy has actively added BTC to its balance sheet this year, holding $15 billion worth of Bitcoin currently. Since January, the company's stock has more than doubled, boasting a remarkable 122% gain. Michael Saylor, the co-founder and chairman of MicroStrategy, has advocated that investing in the company's stock provides a safe way for investors to gain exposure to BTC.\nUS-based crypto exchange Coinbase (COIN), the largest crypto exchange in the United States, has also experienced a surge of over 6% in its stock price. The exchange, which went public in 2021, has been performing well this year. In February, Coinbase shared its Q4 2023 results, showing a return to profitability. Currently priced at $255.99 per share, Coinbase's stock has jumped by over 63% in 2024.\nHowever, Bitcoin mining companies are not seeing significant gains. Hut 8 Corp (HUT) has seen a marginal jump of less than 2% and is currently priced at $9.14 per share. CleanSpark, a company that utilizes green energy for BTC mining, has observed a rise of over 1%, with its stock trading at $15.79.", "Multiple asset management firms based in China have expressed interest in offering spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, two prominent firms managing assets exceeding $200 billion each, have reportedly been exploring the possibility of introducing such ETFs.\nThe move comes as a result of stringent restrictions on cryptocurrency trading and mining in China, which prevent asset managers from offering ETFs within the country. Harvest Fund's Hong Kong arms had already submitted an application for a spot Bitcoin ETF in January. Southern Fund, which currently offers Bitcoin futures ETFs and ether futures ETFs in Hong Kong, may also be considering the launch of a spot Bitcoin ETF.\nCrypto investors in Hong Kong have eagerly anticipated the introduction of spot Bitcoin ETFs to the local market. In the previous year, the Hong Kong Monetary Authority and the Securities and Futures Commission announced their acceptance of applications for cryptocurrency-based ETFs. The availability of these funds would provide Hong Kong investors with a means to gain exposure to bitcoin.\nIn 2022, Harvest Fund Management's Hong Kong business arm successfully launched a futures crypto ETF, demonstrating the firm's previous foray into cryptocurrency-related investment products.", "Multiple asset management firms based in China have expressed interest in offering spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, two prominent firms managing assets exceeding $200 billion each, have reportedly been exploring the possibility of introducing such ETFs.\nThe move comes as a result of stringent restrictions on cryptocurrency trading and mining in China, which prevent asset managers from offering ETFs within the country. Harvest Fund's Hong Kong arms had already submitted an application for a spot Bitcoin ETF in January. Southern Fund, which currently offers Bitcoin futures ETFs and ether futures ETFs in Hong Kong, may also be considering the launch of a spot Bitcoin ETF.\nCrypto investors in Hong Kong have eagerly anticipated the introduction of spot Bitcoin ETFs to the local market. In the previous year, the Hong Kong Monetary Authority and the Securities and Futures Commission announced their acceptance of applications for cryptocurrency-based ETFs. The availability of these funds would provide Hong Kong investors with a means to gain exposure to bitcoin.\nIn 2022, Harvest Fund Management's Hong Kong business arm successfully launched a futures crypto ETF, demonstrating the firm's previous foray into cryptocurrency-related investment products.", "According to Arthur Hayes, co-founder of BitMEX, the upcoming Bitcoin halving combined with the actions of the Federal Reserve and Treasury will contribute to a significant decline in the cryptocurrency market for several weeks. In a recentblog poston April 8, Hayes expressed his belief that while theBitcoinhalving would eventually lead to price increases in the medium term, the immediate impact could be negative.\nHayes highlighted the prevailing narrative that the halving event would be beneficial for crypto prices but cautioned against such assumptions. He argued that when the majority of market participants anticipate a certain outcome, the opposite often occurs. Furthermore, Hayes noted that the halving coincides with a period of tighter dollar liquidity, and he outlined his theory on how the policies of the Federal Reserve and Treasury affect the markets.\nHayes also emphasized that the latter half of April would be a precarious period for risky assets due to factors such as U.S. tax payments reducing liquidity, the Federal Reserve initiating Quantitative Tightening, and the Treasury's General Account remaining untapped. Following the Federal Reserve's meeting on May 1, Hayes expects a reduction in the pace of money supply tightening and anticipates the release of approximately $1 trillion of liquidity into the system from the Treasury's General Account, which would likely boost the markets.\nWhile Hayes predicted a slump in Bitcoin and crypto prices around the time of the halving, he acknowledged the possibility of the market defying his bearish inclinations and continuing to rise. He also expressed that he is happy to be wrong, given his long positions in crypto assets.", "According to Arthur Hayes, co-founder of BitMEX, the upcoming Bitcoin halving combined with the actions of the Federal Reserve and Treasury will contribute to a significant decline in the cryptocurrency market for several weeks. In a recentblog poston April 8, Hayes expressed his belief that while theBitcoinhalving would eventually lead to price increases in the medium term, the immediate impact could be negative.\nHayes highlighted the prevailing narrative that the halving event would be beneficial for crypto prices but cautioned against such assumptions. He argued that when the majority of market participants anticipate a certain outcome, the opposite often occurs. Furthermore, Hayes noted that the halving coincides with a period of tighter dollar liquidity, and he outlined his theory on how the policies of the Federal Reserve and Treasury affect the markets.\nHayes also emphasized that the latter half of April would be a precarious period for risky assets due to factors such as U.S. tax payments reducing liquidity, the Federal Reserve initiating Quantitative Tightening, and the Treasury's General Account remaining untapped. Following the Federal Reserve's meeting on May 1, Hayes expects a reduction in the pace of money supply tightening and anticipates the release of approximately $1 trillion of liquidity into the system from the Treasury's General Account, which would likely boost the markets.\nWhile Hayes predicted a slump in Bitcoin and crypto prices around the time of the halving, he acknowledged the possibility of the market defying his bearish inclinations and continuing to rise. He also expressed that he is happy to be wrong, given his long positions in crypto assets.", '• South Koreans will vote on April 10 having considered crypto-related poll promises that the two main parties have made.\n• The role of crypto may have become even more significant in this election than the previous one.\nIn March 2022, former prosecutor Yoon Suk Yeol won the South Korean Presidential election by a margin of less than 1%, or 247,077 votes. It was the closest presidential election in the nation’s history.\nJust about two months later, theTerra stablecoin crashwiped away some $60 billion globally, with some 280,000 South Koreansreportedto have been victims.\nThere are more than 280,000 crypto investors in the nation – South Korean prosecutors said there were6.27 million crypto usersin September 2023.\nIf even 247,078 of these voters had cast their ballot only based on the crypto policies of candidates, the numbers suggest, the election result could have turned out differently. South Korea is one day away from an important election in which crypto has certainly been an issue. The role of crypto may have become even more significant in this election than the previous one.\nYoung people could play a decisive role, analysts say, in a nation of about 52 million people. The crypto ecosystem of whichyoung people make up a majority, has gone through a frenzy,shaking offand emerging from theshadow of Do Kwon and Terra, but crypto-related political promises may have acted as dopamine to activate voters from the sector.\nOn April 10, 2024, the nation is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly. It’s expected to come down to two parties – President Yoon Suk Yeol’s conservative People Power Party (PPP) will be seeking to improve its tally of 114 seats, while the liberal Democratic Party of Korea (DPK) will hope to consolidate its 156-seat hold on the assembly.\nSouth Korea’s legislative elections take place every four years. In 2020, the liberal party (DPK) won the election with ease. Thus, crypto, which was not as prominent as it is today, likely had a minimum impact.\nBut in this election, political analystssaid it will be difficultfor either party to get a majority, making any group of voters significant. “I would think so,” said the Seoul-based Head of Legal atHashedJin Kang when asked whether crypto could be a deciding factor in the coming election. "In the close presidential election of 2022, a key deciding demographic was the young population in their 20s and 30s. Both parties will be interested in capturing these younger votes." Perhaps what is unclear is whether the crypto-savvy voters will vote as one block.\n“A close election is a given,” said Abel Seow, the Seoul-based BitGo Asia-Pacific director. “But it’s hard to say whether crypto will be a deciding factor. What I can say is that with the passage of time and each cycle, the market has become bigger and bigger. Not only the involvement of investors but also traditional corporations. So, at some stage when these traditional corporations come in, and they have a crypto angle, elections could be impacted by the space.”\nIn the presidential election of 2022, President Yoon Suk-Yeol pledged to restrict taxes for crypto gains and allow initial coin offerings (ICO).\nIt is unclear whether his crypto-pledges were decisive in helping him win the historically close election. In the end, he couldn’t live up to the promise of allowing ICOs, and – with bipartisan support in the assembly – the taxes were deferred if not restricted.\nBut the potential for crypto election influence does explain why both the major parties in South Koreaare making new crypto-related pledgesin the lead-up to this election.\nThe opposing Democratic Party (DPK) has promised to allow investors to purchase spot bitcoin (BTC) exchange-traded funds (ETFs), while the PPP has said it’s also looking for waysto allow the ETFs.\nThe slight difference in the promises comes from their political outlook on pending crypto taxation policies.\nThe PPP has said it wouldprioritize a regulatory framework before taxation, effectively delaying a crypto gains tax scheduled to be implemented in January 2025.\nTaxation on income from virtual assets, as well as income from the “transfer or lending of virtual assets,” wasinitially delayed from 2023 to 2025. The DPK is expected to propose a comprehensive framework too, and wants to maintain the start of crypto-taxation in 2025. But it wants to put the 22% tax on crypto asset gains exceeding 50 million Korean won ($37,316) instead of the currently proposed 2.5 million Korean won ($1,865).\nThe PPP has also promised to establish a ‘digital asset promotion committee’ to propose laws and impose sanctions.\n“When it comes to taxes, both parties are giving a reason for a crypto-savvy person to vote for them, and the same goes for ETFs,” Seow said. “The fact that the topic of digital assets and whether or not to proceed with a spot bitcoin ETF during an election is a reflection of how the digital asset market has grown and the importance of it to the Korean economy, including to that of institutional investors.”\nCrypto-friendly policies for institutions in South Korea may still be a long way off, because in this year of elections, known as the "super election year," lawmakers may want to make sure their framework is not cast in stone before global consensus.\n“It is unlikely that we will see a market regulation during this super election year,” Kang said. “South Korean authorities are wary of jurisdictional arbitrage in crypto regulation that may be inconsistent with approaches of major countries such as the EU and the U.S."\nSouth Korea’s election is “part of a slew of upcoming elections across the world that will inevitably influence the direction and pace of crypto policy making, but I think it’s the U.S. presidential elections that will be a major one for crypto policy,” said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs.\nRead More:As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra’s Shadow', '• Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post.\n• U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.\nGear up for some pain in the digital assets market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, will probably face selling pressure in the days before and after the mining-reward halving due April 20, a supposedlybullish event.\nThat\'s the message from Arthur Hayes, a co-founder and former CEO of crypto exchange BitMEX and the chief investment officer at Maelstrom.\nIn his latest blog post, "Heatwave,"Hayes explainedthat the bullish halving narrative is "well entrenched," leaving the doors open for a so-called price correction. In crypto, a correction is considered aprice drop of at least 10%.\nThe bullish narrative stems from data showing bitcoin tends to chalk out stellar multimonth rallies in the months after thehalving, an event that reduces the pace of supply expansion rate by 50% every four years. This time the halving will cut the per-block issuance to 3.125 BTC from 6.25 BTC.\n"The narrative of the halving being positive for crypto prices is well entrenched," Hayes wrote. "When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving."\nSeveralanalysts have arguedthat the supply slowdown is priced in and the market could correct following the event. Bitcoin has rallied over 65% this year, setting new records above $70,000 well before the halving.\nHayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve\'squantitative tightening(QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving.\n"Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets. The timing of the halving adds further weight to my decision to abstain from trading until May," Hayes said.\nTax payments typically remove liquidity from the financial system as individuals withdraw cash from bank deposits and market funds to pay their dues.\nWhen the dollar\'s liquidity dries up, it appreciates against other fiat currencies, and borrowers with dollar-denominated loans face higher interest expenses and scale-back exposure to risk assets like cryptocurrencies and technology stocks. The dollar\'s weakening has the opposite impact. The U.S. dollar, a global reserve currency, plays an outsized role in global trade, non-bank borrowing, and international debt.\nLiquidity outflows due to impending tax paymentscould be sizeable, thanks to capital gains from the booming stock markets and interest income from elevated interest rates. In other words, the balance in the Treasury General Account (TGA) is set to rise sharply in the second half of April. The TGA is the government\'s operating account maintained at the Fed to collect tax revenue, customs duties, proceeds from securities sales and debt receipts and meet government expenses.\n"When the Treasury receives tax payments, the TGA balance rises. I expect the TGA balance to swell well above the current ~$750 billion level as tax payments are processed on April 15th. This is dollar liquidity negative," Hayes said. "The precarious period for risky assets is April 15th to May 1st."\nHayes expects Treasury Secretary Janet Yellen to run down the Treasury General Account after May 1, providing a bullish tailwind to risk assets in months leading up to the U.S. presidential election in November.\n"After May 1st, the pace of QT declines, and Yellen gets busy cashing checks to jack up asset prices. If you are a trader looking for an opportune time to put on a cheeky short position, the month of April is the perfect time to do so. After May 1st, it’s back to regular programming … asset inflation sponsored by Fed and U.S. Treasury financial shenanigans," Hayes wrote.', '• Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post.\n• U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.\nGear up for some pain in the digital assets market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, will probably face selling pressure in the days before and after the mining-reward halving due April 20, a supposedlybullish event.\nThat\'s the message from Arthur Hayes, a co-founder and former CEO of crypto exchange BitMEX and the chief investment officer at Maelstrom.\nIn his latest blog post, "Heatwave,"Hayes explainedthat the bullish halving narrative is "well entrenched," leaving the doors open for a so-called price correction. In crypto, a correction is considered aprice drop of at least 10%.\nThe bullish narrative stems from data showing bitcoin tends to chalk out stellar multimonth rallies in the months after thehalving, an event that reduces the pace of supply expansion rate by 50% every four years. This time the halving will cut the per-block issuance to 3.125 BTC from 6.25 BTC.\n"The narrative of the halving being positive for crypto prices is well entrenched," Hayes wrote. "When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving."\nSeveralanalysts have arguedthat the supply slowdown is priced in and the market could correct following the event. Bitcoin has rallied over 65% this year, setting new records above $70,000 well before the halving.\nHayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve\'squantitative tightening(QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving.\n"Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets. The timing of the halving adds further weight to my decision to abstain from trading until May," Hayes said.\nTax payments typically remove liquidity from the financial system as individuals withdraw cash from bank deposits and market funds to pay their dues.\nWhen the dollar\'s liquidity dries up, it appreciates against other fiat currencies, and borrowers with dollar-denominated loans face higher interest expenses and scale-back exposure to risk assets like cryptocurrencies and technology stocks. The dollar\'s weakening has the opposite impact. The U.S. dollar, a global reserve currency, plays an outsized role in global trade, non-bank borrowing, and international debt.\nLiquidity outflows due to impending tax paymentscould be sizeable, thanks to capital gains from the booming stock markets and interest income from elevated interest rates. In other words, the balance in the Treasury General Account (TGA) is set to rise sharply in the second half of April. The TGA is the government\'s operating account maintained at the Fed to collect tax revenue, customs duties, proceeds from securities sales and debt receipts and meet government expenses.\n"When the Treasury receives tax payments, the TGA balance rises. I expect the TGA balance to swell well above the current ~$750 billion level as tax payments are processed on April 15th. This is dollar liquidity negative," Hayes said. "The precarious period for risky assets is April 15th to May 1st."\nHayes expects Treasury Secretary Janet Yellen to run down the Treasury General Account after May 1, providing a bullish tailwind to risk assets in months leading up to the U.S. presidential election in November.\n"After May 1st, the pace of QT declines, and Yellen gets busy cashing checks to jack up asset prices. If you are a trader looking for an opportune time to put on a cheeky short position, the month of April is the perfect time to do so. After May 1st, it’s back to regular programming … asset inflation sponsored by Fed and U.S. Treasury financial shenanigans," Hayes wrote.', 'No next-big-thing investment trend has arguably been hotter since the advent of the internet thanartificial intelligence (AI)is right now.\nWhen discussing "AI," I\'m referring to software and systems handling tasks that would normally be overseen by humans. Machine learning gives software and systems the ability to learn and evolve without human intervention, which can make these systems more proficient at their tasks over time.\nThe utility of AI can\'t be overstated enough. Almost every sector and industry can benefit from its use, which is probably why the analysts at PwC believe artificial intelligence will add $15.7 trillion to the global economy come 2030.\nWhile most institutional money managers and Wall Street analysts view AI and the companies deploying AI infrastructure and software favorably,this bullishness isn\'t universal. Based on the low-water price targets issued by a select group of Wall Street analysts, the following five AI stocks could plunge by as much as 86%!\nThe first AI stock that could tumble after a monstrous run higher is none other than the infrastructure backbone of the AI revolution,Nvidia(NASDAQ: NVDA). In February, D.A. Davidson analyst Gil Luria raised his and his firms\' price target on Nvidia to $620 from $410. Despite this epic increase, it implies that the third-largest public company by market cap in the U.S. will shed 30% of its value, based on where it closed on April 5.\nAlthough Nvidia\'s A100 and H100 graphics processing units (GPUs) have been the overwhelming top choice of businesses for AI-accelerated data centers, there are plenty of reasons to be believe Nvidia stock could be in a bubble.\nTo start with, Nvidia\'s top four customers, which comprise about 40% of its sales, are all developing AI GPUs of their own. Even if these companies continue to rely on Nvidia\'s GPUs as complements to their in-house GPUs, future orders from these industry leaders would be expected to decline.\nTo add to the above, Nvidia\'s pricing power on its A100 and H100 GPUs is expected to take a hit in the latter-half of 2024. The lion\'s share of its 217% increase in data center sales in fiscal 2024 (ended Jan. 28, 2024) was driven by GPU scarcity. As new competitors enter the arena and Nvidia ramps up its own production, GPU scarcity will diminish -- as will the company\'s pricing power.\nFurther, every next-big-thing trend over the last 30 years has navigated its way through an early stage bubble. Suffice it to say, I fully expect Luria\'s price target to be hit.\nA second artificial intelligence stock that could plummet in the not-too-distant future if one Wall Street analyst is correct is server and storage solutions companySuper Micro Computer(NASDAQ: SMCI). Senior equity research analyst Mehdi Hosseini of Susquehanna stood firm on his price target of $250 for Super Micro just two months earlier in an interview on CNBC. This would imply Super Micro Computer losing almost three-quarters of its current value.\nIt\'s understandable why investors have gone head over heels for Super Micro. The company incorporates Nvidia\'s top-tier GPUs in its energy-efficient and highly customizable rack servers that are utilized in AI-accelerated data centers. Sales for the company are expected to double in 2024 to north of $14 billion.\nHowever, we\'ve been here before with Super Micro. It was expected to be a prime beneficiary of the cloud-computing revolution in the late 2010s, but failed to maintain its sales momentum. This speaks to the fact that investors have a terrible habit of overestimating the adoption of new trends and innovations.\nSuper Micro Computer also finds itself at the mercy of Nvidia. If the latter continues to deal with supply issues/scarcity for its GPUs, Super Micro will fail to realize its full potential.\nWhile a retracement to $250 may not be in the cards anytime soon, Super Micro Computer definitely has a lot to prove after its stock appreciated by 767% over the trailing year.\nThe potential disasterdu jouramong AI stocks is North America\'s leading electric-vehicle (EV) manufacturerTesla(NASDAQ: TSLA). CEO and founder Gordon Johnson of GLJ Research believes Tesla will retrace to $23.53 per share, which would represent 86% downside from where it closed on April 5.\nOn one hand, Tesla has made history by becoming the first automotive company to build itself from the ground up to mass production in well over a half-century. It\'s also the only EV pure-play that\'s generating a recurring profit (four consecutive years, as of the end of 2023).\nAt the same time, Tesla is encountering game-changing challenges as EV demand tapers off. The company slashed the sales price of its Last 60 Days of Bitcoin's Closing Prices: [47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-09 Financial & Commodity Data: - Gold Closing Price: $2343.50 - Crude Oil Closing Price: $85.23 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,400,173,079,450 - Hash Rate: 603310755.8860255 - Transaction Count: 453811.0 - Unique Addresses: 683771.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – February 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN. Bitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens. With the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy. The launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms. In a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. The anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors. CleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024. CLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. Nvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025. Nvidia has a Zacks Rank #2 and a Growth Score of A at present. Advanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year. AMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold). Marathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year. Marathon Digital has a Zacks Rank #3 and a Momentum Score of B at present. Iris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year. Iris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B. Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Cleanspark, Inc. (CLSK) : Free Stock Analysis Report Iris Energy Limited (IREN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks sold off on Tuesday as investors brace for the March CPI inflation report.\n• The inflation report will help set the narrative about future interest rate cuts from the Federal Reserve.\n• After the CPI report, investors will turn their attention to the start of first quarter earnings results.\nUS stocks slipped on Tuesday as investors brace for the Wednesday morning release ofthe March CPI report.\nThe March consumer price index report is set to be released Wednesday morning, and investors expect a continued decline in inflation. Current estimates suggest year-over-year core CPI will drop to 3.7% compared to the previous reading of 3.8%, while month-over-month Core CPI is expected to drop to 0.3% compared to the prior reading of 0.4%.\nAny acceleration in inflation will significantly raise the risk that interest rate cuts from the Federal Reserve are pushed back, and that could have negative implications for stock prices,according to JPMorgan.The bank previewed two other scenarios depending on what the CPI report looks like.\n"Tomorrow\'s March CPI report will be paramount," Macquarie strategist Thierry Wizman said.\nAfter the release of the CPI report, investors will turn their attention to the start of first quarter earnings results, with JPMorgan and Wells Fargo set to kick off earnings season before the market opens on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:5,209.91, up 0.14%\n• Dow Jones Industrial Average:38,883.67, 0.02% (-9.13 points)\n• Nasdaq Composite:16,306.64, up 0.32%\nHere\'s what else happened today:\n• A famed recession indicator is flashing redeven as financial markets price in zero chance of a downturn in the coming year.\n• You can thank the baby boomers for the strong economy,according to Ed Yardeni, who said their spending in retirement will help lift economic growth going forward.\n• Any spike in inflation would send gold prices surging as much as 50% through 2025,according to market veteran Ed Yardeni.\n• These 8 stocks will post unexpectedly strong Q1 earningsduring one of the best settings for stock-pickers in almost 20 years, according to Evercore.\n• The highly volatile Destiny Tech100 fund that invests in private startups plunged 36%.Here are the fund\'s top 10 holdings.\n• Home prices are poised to jump another 5% in 2024as the market remains even tighter than it was in 2023, according to Capital Economics.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 1.32% to $85.29 a barrel.Brent crude, the international benchmark, slipped 1.01% to $89.47 a barrel.\n• Goldjumped 0.68% to $2,367.00 per ounce.\n• The 10-year Treasury yield fell six basis points to 4.367%.\n• Bitcoindropped by 3.86% to $68,865.\nRead the original article onBusiness Insider', 'Analysts at JMP Securities firmed up their view of cryptocurrency exchangeCoinbase(NASDAQ: COIN)on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its "outperform" rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock\'s Apr. 8 closing price.\nShares of Coinbase have surged this year asBitcoinhas rallied nearly 70% so far in 2024.\nCoinbase has also made legitimate progress in reducing its costs, a necessity as cryptocurrency trading volumes dried up during the last crash. The company has also expanded its sources of revenue beyond transaction fees.\nThe company\'s latest results put this progress on display. While revenue was down slightly in 2023, adjusted EBITDA surged into positive territory, and the company even reported a small net profit. Coinbase benefits when cryptocurrency prices are rising or volatile, both of which can induce heightened trading activity.\nThe big problem with Coinbase stock is that most of its revenue sources ultimately require sustained interest in cryptocurrencies. The company now generates meaningful revenue fromstablecoins, but the sustainability of that revenue is unclear.\nIt may be a better idea toinvest in Bitcoin directlyor through an exchange-traded fund rather than speculate on Coinbase stock. While Coinbase is a much leaner company than it was during the last cryptocurrency bubble, the company has yet to show that it can sustainably turn a profit outside of those bubbles.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Stock Has 25% Upside, According to 1 Wall Street Analystwas originally published by The Motley Fool', "Investors' speculative interest in the cryptocurrency market has surged to similar levels of the 2021 bull run,accordingto a recent report by Glassnode. This comes as the highly anticipated Bitcoin halving event draws near, growing enthusiasm of a significant price movement in the near future.\nData analysis indicates thatBitcoin's bullish momentum has been building since October 2023, leading to a period of high liquidity and volatility. Glassnode highlights that the strong demand in spot markets has supported Bitcoin's year-to-date performance, mirroring a similar structure observed during the 2021 bull run.\nBitcoin gained 62% so far in 2024, with its price currently at $68,748. BTC reached new all-time highs of $73,750.07 on March 14. The introduction of spot Bitcoin ETFs in the United States on January 11 has contributed to a surge in BTC spot trading volume, peaking in March. Glassnode's report suggests that the market has now entered a state of euphoria, accompanied by a notable increase in profit-taking activities.\nFurthermore, the flow of Bitcoin in and out of exchanges has seen a significant increase since July 2023. Glassnode's data reveals that the average daily total inflows and outflows from exchanges presently stand at $8.19 billion, surpassing the peak of the 2021 bull market.", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while supply stays controlled.\nIn five years' time, I would be shocked if Bitcoin hasn't at least doubled in price. I expect its return to be much higher than that, though.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while supply stays controlled.\nIn five years' time, I would be shocked if Bitcoin hasn't at least doubled in price. I expect its return to be much higher than that, though.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", 'By Summer Zhen and Jason Xue\nHONG KONG (Reuters) - Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.\nThat timeline would make Hong Kong Asia\'s first city to offer the popular ETFs and is much faster than industry expectations of launches sometime this year.\nRegulators have sped up the approval process, according to one of the people.\nHaving lost much of its shine as a global financial hub due to restrictions during the pandemic, China\'s faltering economy and Sino-U.S. tensions, Hong Kong authorities have been keen to do what they can to improve the city\'s attractiveness for financial trading.\n"The significance of Hong Kong ETFs is far-reaching as it could bring in fresh global investment as well as pushing crypto adoption to a new height," said Adrian Wang, CEO of Metalpha, a Hong Kong-based crypto wealth manager.\nThe U.S. launched the first U.S.-listed exchange-traded funds (ETFs) to track spot bitcoin in January, drawing roughly $12 billion in net inflows, data from BitMEX Research shows.\nBitcoin has gained more than 60% this year and hit an all-time high of $73,803 in March. It was trading at around $69,000 on Wednesday.\nAt least four mainland Chinese and Hong Kong asset managers have submitted applications to launch the ETFs, the two sources said.\nThe Hong Kong units of China Asset Management, Harvest Fund Management and Bosera Asset Management are among the applicants, according to the two people and a third source.\nThe sources were not authorised to speak to media and declined to be identified.\nHong Kong\'s Securities and Futures Commission (SFC) and the three Chinese companies declined to comment.\nChina Asset Management and Harvest Fund Management\'s Hong Kong units obtained approval this month to manage portfolios that invest more than 10% in virtual assets, according to the SFC\'s website.\nTheir parent companies are among the biggest mutual fund firms in China, with each managing over 1 trillion yuan ($138 billion) in assets.\nAlthough cryptocurrency trading is banned in mainland China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.\nHong Kong approved its first ETFs for cryptocurrency futures in late 2022. The largest one - the CSOP Bitcoin Futures ETF - has seen its assets under management swell seven times since September to around $120 million.\nHong Kong-based Value Partners has also said it is exploring launching a spot bitcoin ETF. It has not disclosed if it has submitted an application.\n($1 = 7.2305 yuan)\n(Reporting by Summer Zhen in Hong Kong, Jason Xue and Samuel Shen in Shanghai; Editing by Edwina Gibbs)', 'By Suzanne McGee and Hannah Lang\n(Reuters) - Outflows from the Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the latest episode of Inside ETFs.\nGrayscale has battled to retain dominance of the bitcoin exchange-traded fund (ETF) market since rival offerings from nine other issuers emerged in January, after the U.S. Securities and Exchange Commission (SEC) approved the launch of the products after a decade-long tussle with the crypto industry.\nTotal outflows from Grayscale Bitcoin Trust (GBTC) in the last three months topped $15 billion, according to data from BitMEX Research, although the surge in bitcoin\'s value has helped ensure that Grayscale\'s assets under management have dipped only slightly to $23.13 billion.\n“We do believe that the fund has started to reach a little bit of an equilibrium where some of those anticipated outflows, whether it was some of the bankruptcy selling, some investors perhaps undertaking switch trades, (are) largely behind us,” Sonnenshein said.\nSome of those outflows were the result of selling connected to the bankruptcy settlements of FTX and other defunct crypto companies, Sonnenshein told Reuters, as well as investors selling the Grayscale ETF only to immediately buy another.\nMany crypto companies that filed for bankruptcy in 2022 and 2023 had shares of Grayscale\'s then-trust on their balance sheets and looked to sell those shares once the product converted to an ETF in order to repay creditors. That has yet to be fully reflected in flows data.\nWhile daily outflows currently fall well below the $600 million or so seen in March, they\'re still solidly in the red. On Monday, Grayscale saw outflows of $303 million, according to BitMEX Research.\n"As we look ahead, again, it\'s more about bringing more investors into the ecosystem (and) continuing to innovate on the product front," Sonnenshein said.\nSonnenshein suggested that Grayscale may take steps to compete with newer rival offerings from BlackRock, Fidelity and others. BlackRock\'s iShares Bitcoin Trust, which has a fee of 0.12%, has pulled in some $17.8 billion in assets.\nLast month, Grayscale said it will seek approval from the U.S. Securities and Exchange Commission to spin off a still-unspecified portion of the ETF\'s assets into a new, lower-fee Bitcoin Mini Trust. The company has declined to comment on what those fees would be.\nCurrently, Grayscale levies a 1.5% percentage fee on its converted ETF, substantially larger than the average fee of about 0.25% charged by most of its newer rivals, with waivers reducing that still further.\n"Over time, as markets mature, we anticipate that GBTC\'s fees will come down," Sonnenshein said.\nBitcoin, the world\'s largest cryptocurrency, has enjoyed a boost since the ETFs hit the market, and is up more than 60% this year.\nGrayscale also hopes to win SEC approval to convert another of its products into a spot ether ETF. The SEC must rule on other similar proposals by late May.\nGrayscale sued the SEC after it rejected its application for a spot bitcoin ETF in 2022. An appeals court sided with Grayscale, ordering the SEC to reexamine its decision, which paved the way for the bitcoin ETF approvals in January.\n"We\'re optimistic that the SEC will be on the right side of history here and also permit those products to come to market," Sonnenshein said.\n(Reporting by Suzanne McGee and Hannah Lang in New York; additional reporting by Ramzan Karmali in London; Editing by Ira Iosebashvili and Bill Berkrot)', 'The cryptocurrency market rebounded sharply over the past year amid signs of economic resilience. Inflation has cooled, recession fears have diminished, and the Federal Reserve anticipates a few interest rate cuts this year. Low-rate environments have historically been a good thing for cryptocurrencies, so investors have moved back into the market.\nAnother reason for the upward momentum is excitement surrounding spot exchange-traded funds (ETFs) forBitcoin(CRYPTO: BTC)andEthereum. Those vehicles track (or would track) the price of the underlying cryptocurrency. Spot Bitcoin ETFs were approved in January and, while many analysts think spot Ethereum ETFs will initially be rejected, they anticipate approval eventually.\nFinally, investors are amped up about the halving of Bitcoin mining rewards slated to occur this month. It will be the fourth halving event since Bitcoin was created in 2009, and the last three halving events led to significant price appreciation. Investors are undoubtedly hoping for the same outcome this time around.\nAgainst that backdrop, Bitcoin soared 136% over the past year, but some Wall Street analysts see the cryptocurrency moving much higher during this market cycle. For instance, Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes Bitcoin could reach $150,000 before the end of 2024 and $500,000 within five years. Bitcoin is currently worth $70,000, so the implied upside is 114% this year and 614% by 2029.\nHere\'s what investors should know.\nLee rationalized his bullish call onBitcoinduring a recent CNBC interview. "You\'ve got demand improving with the [spot Bitcoin] ETF, you have the supply shrinking with the halving, and if monetary policy eases, which we expect, you know that\'s supportive of risk assets," he said in February.\nLee is no stranger to bold predictions. For instance, he also told CNBC that theRussell 2000could soar 45% this year. The Russell 2000 is a benchmark forsmall-capstocks, and Lee sees the index as undervalued compared to the large-capS&P 500. Of course, investors should always consider predictions with skepticism, but Lee does have a reasonably good track record.\nHe predicted the S&P 500 would rally 24% to reach 4,800 in 2023 as the Federal Reserve eased up on interest rate hikes. Lo and behold, the index ended the year at 4,770. Better yet, Lee\'s stock-picking product (Granny Shots) has more than doubled the performance of the S&P 500 since its inception in January 2019. That is impressive because just 21% of large-cap funds beat the S&P 500 over the last five years.\nI mention those accomplishments not to imply Lee is correct about Bitcoin, but rather to point out that his forecast is worth consideration. So, let\'s talk about the catalysts he believes could send the cryptocurrency to $500,000 in the next five years: Spot Bitcoin ETFs and the halving of mining rewards.\nLike any asset, Bitcoin prices are determined by supply and demand. However, Bitcoin is a somewhat specialized case because its supply is limited to 21 million coins. That supply cap makes the cryptocurrency valuable in the same way that scarcity makes precious metals valuable. But scarcity is irrelevant without demand.\nWith that in mind, various signals currently indicate that Bitcoin demand is rising. Long-term holders were net buyers in the fourth quarter. Monthly active addresses, new addresses, and transaction count have been trending upward. And the number of accounts with at least 0.1 BTC hit a new all-time high in December 2023, according to Fidelity.\nGoing forward, spot Bitcoin ETFs could accelerate demand because they offer direct exposure to the cryptocurrency without the friction of specialized exchanges and blockchain wallets. In addition, with many of the largest asset managers participating as issuers -- including No. 1BlackRockand No. 3 Fidelity -- some analysts believe institutional investors will take a greater interest in Bitcoin.\nThe first spot Bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024, and the launch has been an unmitigated success. Most notably, BlackRock\'siShares Bitcoin ETFbecame the fastest ever to reach $10 billion in assets, according toThe Wall Street Journal. That trend could certainly continue in the future, especially after institutional investors have had time to study the market.\nThe April 2024 halving event is the next catalyst on the horizon. Halving events enforce the 21 million coin limit through programmed reductions in mining rewards. Miners are awarded Bitcoin when they successfully validate blocks of transactions, but the payout is slashed by 50% each time 210,000 blocks are added to the blockchain. That happens about once every four years.\nHalving events attentuate selling pressure, simply because miners have less Bitcoin to sell. As a result, Bitcoin has become much more valuable following all three past halving events, which took place in 2012, 2016, and 2020. Its price rose 5,300% between the first and second halving, and 1,200% between the second and third halving. Bitcoin has returned 715% since the third halving event.\nLee\'s forecast has merit, and Bitcoin could certainly be worth more (perhaps much more) in the future. However, investors should never fixate on specific price targets. Forecasts are inherently unreliable, even when they\'re based on decades of data. But Bitcoin has only existed for about 15 years, so forecasts concerning the cryptocurrency are particularly questionable.\nFurthermore, investors should remember that Bitcoin has historically been a very volatile asset. For instance, its price plummeted 76% between November 2021 and November 2022. Similar volatility should be expected in the future.\nHere\'s the bottom line: There\'s no guarantee Bitcoin will come anywhere close to $500,000 in the next five years, but it has created substantial wealth in the past, and it could create more wealth in the future. Patient investors who are comfortable with extreme risk and volatility should buy a small position in Bitcoin today.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now -- It Could Soar 614%, According to a Wall Street Analystwas originally published by The Motley Fool', "Though it appears like investor enthusiasm has never been higher, there are still buying opportunities to be found in the stock market. Even innovative and disruptive businesses are ripe for picking right now.\nBlock(NYSE: SQ)might be one of them. Thisfintech stock, which is led by the visionary Jack Dorsey, currently sits 72% below its all-time high. That peak price was set in August 2021, so investors have clearly soured on the company.\nIs it time to buy shares?\nThe best way to understand Block is by realizing that it is really two different businesses operating under one roof. Payments are at the heart of what this company does, but there is so much more going on.\nCash App caters to individuals, providing them with a wide range of financial services to better manage their money in an easy-to-use mobile interface. There are currently 56 million monthly active Cash App users, and the segment posted 33%gross profitgrowth in 2023.\nOn the other end, Square focuses on merchants, offering valuable tools like payment terminals, working capital loans, employee payroll management, and loyalty programs that make running a small business more seamless. This is what Block was founded on more than a decade ago. Square handled $53.5 billion of gross dollar volume in Q4, up 10% year over year.\nOperating in the fintech sector means Block faces stiff competition from numerous sources. Cash App competes primarily withPayPal's Venmo, but it also goes up against traditional banks and brokerage services. And Square deals with a vast number of rivals in the merchant market.\nTo be clear, there are other, lesser-known segments that investors might not be familiar with. There's the music-streaming platform Tidal, as well as Bitcoin-related divisions Spiral and TBD, that don't really move the needle for Block from a financial perspective. At the end of the day, Square and Cash App drive the company's performance.\nTo its credit, Block has done a great job carving out a niche in the industry by prioritizing offering exactly what its customers needs to better manage their financial lives. This has been the case historically, and it will continue to be the case. Investors will appreciate this company's long-term growth prospects.\nAccording to the leadership team, Square and Cash App combined have a $190 billion gross profit total addressable market. For comparison's sake, the entire company generated $7.5 billion of gross profit last year, meaning that it has captured just 4% of its estimated opportunity. Of course, investors should take these kinds of projections with a grain of salt, but it shows you the potential for Block to continue expanding.\nBy entering new markets, introducing new product and service features, and gaining more users, the business has a proven playbook to keep the growth going. I think as Block scales up, it's totally reasonably for shareholders to start expecting an improving bottom line. This year, management forecasts an adjustedoperating marginof 13%.\nAlthough theNasdaq Compositeremains near all-time highs, it can be discouraging knowing that Block shares haven't benefited from the market's strong rally. The stock has dropped 70% in the past three years.\nBut this is a much stronger company today than it was back then, with a greater focus on efficiency and financial soundness. And its prospects remain bright as we look out over the long term.\nThat's why at a compelling price-to-sales multiple of just 2.2, investors should really think about adding Block stock to their portfolios.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nIs Block Stock a Buy?was originally published by The Motley Fool", 'Bringing new technologies to market is never a smooth process. There was an entire stock market collapse in the early 2000s when the internet bubble burst, which proved that even the most revolutionary technologies must be supported by a viable business model in the long run.\nArtificial intelligence (AI) is the new craze among stock market investors at the moment. This frenzy isn\'t quite as irrational as the dot-com period two decades ago, because companies likeNvidia(NASDAQ: NVDA)genuinely have billions of dollars in sales and profit from AI. In other words, AI is already big business.\nHowever, while Nvidia shares have surged 215% in the past year alone, AI stocks likeC3.ai,Lemonade, andUpstartare each down more than 80% from their all-time highs.\nIt means picking winners and losers in the AI race won\'t be any easier than it was with other hot technologies in the past. But if the industry does well as a whole, investors don\'t need a crystal ball to make money while minimizing their risk.\nExchange-traded funds(ETFs) are designed to give investors exposure to a specific segment of the broader market by holding dozens, or even hundreds of individual stocks. They are usually actively managed by a team of professionals, which means investors might get more peace of mind by owning one or two ETFs instead of building a portfolio of individual stocks themselves.\nA number of AI-focused ETFs have launched over the last few years, and they each have different characteristics. TheiShares Robotics and Artificial Intelligence Multisector ETF(NYSEMKT: IRBO)and theGlobal X Autonomous & Electric Vehicles ETF(NASDAQ: DRIV)might be two great picks for investors looking to dive into the world of AI.\nThe iShares ETF holds 109 different stocks and the Global X fund holds 75, so the failure of one individual AI company won\'t derail their portfolios or lead to catastrophic financial losses for investors.\nThe iShares ETF was established in 2018, and it manages around $659 million in assets for investors. It has a mandate to invest in companies at the forefront of the AI and robotics industries across the value chain.\nThe iShares ETF tries to maintain an equal-weight allocation, which means no single stock will have a disproportionate effect on the ETF\'s returns over time. Its top 10 holdings include some of the most popular AI stocks, and they account for 15.1% of the total value of its portfolio:\n[{"Rank/Stock": "6.PB Fintech", "ETF Weighting": "1.32%"}, {"Rank/Stock": "7.Informatica", "ETF Weighting": "1.28%"}, {"Rank/Stock": "8.Megaport", "ETF Weighting": "1.25%"}, {"Rank/Stock": "9.Advanced Micro Devices", "ETF Weighting": "1.25%"}, {"Rank/Stock": "10.Netflix", "ETF Weighting": "1.22%"}]\nData source: iShares. Portfolio weightings are accurate as of April 5, 2024, and are subject to change.\nMicroStrategy might seem like a peculiar pick for the iShares ETF\'s top holding because it mostly makes headlines for its largeBitcoinpurchases. However, the company also has a portfolio of cloud software tools to help businesses integrate AI into their data workflows.\nArm Holdings in the second spot makes more sense because it designs semiconductors on behalf of AI hardware leaders like Nvidia and AMD. Investors might not associate Spotify or Meta Platforms with AI, but they are in the ETF\'s top five holdings because they both use the technology in their core businesses.\nSpotify developed an AI recommendation engine to feed relevant music suggestions to its users, and Meta uses AI to curate content on its Facebook and Instagram social media platforms. Meta has also developed one of the most advanced open-source large language models (LLMs), which developers can use to create their own AI applications.\nA number of other popular tech stocks sit outside of the ETF\'s top 10 holdings, includingAmazon,Microsoft,Apple, andAlphabet.\nThe iShares fund has generated a 7.6% compound annual return since its inception. That trails theS&P 500index, which has delivered a 10.7% return over the same period. Not every company that uses AI will be a winner, and the ETF owns some laggards likeSnowflake,Pinterest, andSnap.\nNevertheless, the iShares fund has the potential to deliver steady returns in the long run while -- most importantly -- limiting risk. It\'s a great addition to any investment portfolio in need of AI exposure.\nThe Global X ETF was established in 2018, and it takes a different approach than its peers in a couple of ways.\n1. It focuses on companies developing autonomous technologies specifically (in addition to electric vehicles), which is a key subsegment of the AI industry.\n2. It isn\'t constructed with an equal-weight allocation, so despite owning 75 different stocks, its top 10 holdings account for 28.9% of the total value of its portfolio:\n[{"Rank/Stock": "6.Apple", "ETF Weighting": "2.66%"}, {"Rank/Stock": "7.Intel", "ETF Weighting": "2.39%"}, {"Rank/Stock": "8.Honeywell", "ETF Weighting": "2.22%"}, {"Rank/Stock": "9.Tesla", "ETF Weighting": "2.19%"}, {"Rank/Stock": "10.Hitachi", "ETF Weighting": "1.96%"}]\nData source: Global X. Portfolio weightings are accurate as of April 5, 2024, and are subject to change.\nNvidia is the ETF\'s top holding, but not necessarily for its industry-leading AI data center chips. Nvidia also has an automotive segment that is home to its Drive platform. It offers car manufacturers all of the hardware and software they need to install self-driving capabilities into their new vehicles.\nSimilarly, Alphabet owns Waymo, a leading autonomous vehicle company. Consumers can already book a Waymo self-driving car in Phoenix, Arizona, throughUber\'s ride-hailing platform. Then there is electric vehicle giant Tesla, which has developed arguably the most advanced autonomous driving software in the world. Customers have already driven more than 500 million miles in the real world using beta versions.\nA couple of Japanese companies are also in the Global X ETF\'s top 10. Toyota is one of the world\'s largest car manufacturers, and it\'s focusing heavily on electric and hybrid vehicles. Hitachi, on the other hand, makes components for such vehicles, and it also develops AI systems to power autonomy in everything from cars to mining equipment.\nOutside of the top 10, the fund also owns stakes in car companies likeFord Motor CompanyandGeneral Motors. Plus, it holds stocks in the supply chain, including lithium minersPilbara MineralsandPiedmont Lithium.\nThe Global X ETF has delivered a compound annual return of 10.2% since its inception, outperforming its iShares peer but lagging the S&P 500 (albeit marginally). There is a clear global trend toward electrification and autonomy, which bodes well for the ETF\'s long-term potential, but these technologies do face regulatory hurdles. If autonomous driving never goes mainstream, for example, that would hurt many of the companies in the fund, which is a risk investors should consider.\nBefore you buy stock in iShares Robotics and Artificial Intelligence Multisector ETF , consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Robotics and Artificial Intelligence Multisector ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,869!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors.Anthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Bitcoin, Lemonade, Meta Platforms, Microsoft, Netflix, Nvidia, Pinterest, Qualcomm, Snowflake, Spotify Technology, Tesla, Uber Technologies, and Upstart. The Motley Fool recommends C3.ai, General Motors, and Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $25 calls on General Motors, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy.\nBuying Artificial Intelligence (AI) Stocks Can Be Risky. Avoid Losing Your Shirt With This Simple Strategywas originally published by The Motley Fool', '• After the approval of several spot bitcoin ETFs in January, investors may have sold their GBTC shares to move into new products.\n• Daily outflows from GBTC have fallen significantly since hitting $600 million in March.\nMichael Sonnenshein, CEO of digital asset investment manager Grayscale, sees outflows from the company\'s bitcoin {{BTC}} exchange-traded fund (ETF) reaching an equilibrium,Reuters reported on Wednesday.\nSonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us," according to the report, citing an appearance on a Reuters podcast.\nWhen the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin ETFs in January, Grayscale\'s product (GBTC), which had already existed for several years as a trust, experienced significant outflows as existing investors likely sold their shares to buy into one of the new funds.\nAnother reason for the outflows was GBTC\'s comfortably higher fees compared to its competitors. Sonnenshein said last month thathe expects the fund\'s fees to decreaseover time.\nIn the three months since, GBTC has seen total outflows worth $15 billion, according to BitMEX Research. In March, these were hitting $600 million a day but have fallen significantly since. On Monday and Tuesday this week, they stood at $303 million and $155 million, respectively.\nGrayscale did not immediately respond to CoinDesk\'s request for further comment.\nRead More:VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs', '• After the approval of several spot bitcoin ETFs in January, investors may have sold their GBTC shares to move into new products.\n• Daily outflows from GBTC have fallen significantly since hitting $600 million in March.\nMichael Sonnenshein, CEO of digital asset investment manager Grayscale, sees outflows from the company\'s bitcoin {{BTC}} exchange-traded fund (ETF) reaching an equilibrium,Reuters reported on Wednesday.\nSonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us," according to the report, citing an appearance on a Reuters podcast.\nWhen the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin ETFs in January, Grayscale\'s product (GBTC), which had already existed for several years as a trust, experienced significant outflows as existing investors likely sold their shares to buy into one of the new funds.\nAnother reason for the outflows was GBTC\'s comfortably higher fees compared to its competitors. Sonnenshein said last month thathe expects the fund\'s fees to decreaseover time.\nIn the three months since, GBTC has seen total outflows worth $15 billion, according to BitMEX Research. In March, these were hitting $600 million a day but have fallen significantly since. On Monday and Tuesday this week, they stood at $303 million and $155 million, respectively.\nGrayscale did not immediately respond to CoinDesk\'s request for further comment.\nRead More:VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs', '• Bitcoin and major alternative cryptocurrencies (altcoins) trade weak ahead of the pivotal U.S. CPI release.\n• One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.\nBitcoin {{BTC}} is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.\nProfit-taking from Monday continued as several major tokens slid lower. Ether and Solana’s SOL lost 2.8% and Cardano’s ADA and dogecoin (DOGE) slumped as much as 4%. BNB Chain’s BNB was the only token in green with a slight 1.8% rise.\nThe broad-basedCoinDesk 20, a liquid index of the biggest tokens, excluding stablecoins, was down 3%.\nThe Asian session demand for bitcoin and leading altcoins represented trade optimism, FxPro Senior Market analyst Alex Kuptsikevich told CoinDesk in a message, warning of potential volatility explosion following the release of the U.S. consumer price index later Wednesday.\n“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP [nonfarm payrolls report], has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.\nStill, some analysts said bitcoin correction could be over. Selling pressure from certain long-term wallets seems to have cooled in recent weeks, alongside a bump in demand for spot bitcoin, on-chain analysis firm Glassnode said in aTuesday report.\n“Bitcoin’s strong performance over the last 12 months is supported by a surge in spot trade volume and exchange deposit and withdrawal volumes,” analysts at blockchain data tracking firm Glassnode wrote. “Profit-taking by long-term holders spiked meaningfully into the $73k ATH and has been cooling down in recent weeks. This comes alongside an uptick in new demand brought on by the U.S. spot ETFs.”\nThe firm defines long-term holders as wallets that keep a token for more than 155 days instead of trading over weekly or daily periods.', '• Bitcoin and major alternative cryptocurrencies (altcoins) trade weak ahead of the pivotal U.S. CPI release.\n• One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.\nBitcoin {{BTC}} is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.\nProfit-taking from Monday continued as several major tokens slid lower. Ether and Solana’s SOL lost 2.8% and Cardano’s ADA and dogecoin (DOGE) slumped as much as 4%. BNB Chain’s BNB was the only token in green with a slight 1.8% rise.\nThe broad-basedCoinDesk 20, a liquid index of the biggest tokens, excluding stablecoins, was down 3%.\nThe Asian session demand for bitcoin and leading altcoins represented trade optimism, FxPro Senior Market analyst Alex Kuptsikevich told CoinDesk in a message, warning of potential volatility explosion following the release of the U.S. consumer price index later Wednesday.\n“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP [nonfarm payrolls report], has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.\nStill, some analysts said bitcoin correction could be over. Selling pressure from certain long-term wallets seems to have cooled in recent weeks, alongside a bump in demand for spot bitcoin, on-chain analysis firm Glassnode said in aTuesday report.\n“Bitcoin’s strong performance over the last 12 months is supported by a surge in spot trade volume and exchange deposit and withdrawal volumes,” analysts at blockchain data tracking firm Glassnode wrote. “Profit-taking by long-term holders spiked meaningfully into the $73k ATH and has been cooling down in recent weeks. This comes alongside an uptick in new demand brought on by the U.S. spot ETFs.”\nThe firm defines long-term holders as wallets that keep a token for more than Last 60 Days of Bitcoin's Closing Prices:* [47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-10 Financial & Commodity Data: - Gold Closing Price: $2329.60 - Crude Oil Closing Price: $86.21 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,361,047,890,375 - Hash Rate: 626404079.729565 - Transaction Count: 531054.0 - Unique Addresses: 703704.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world's largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of several big industry players, including cryptocurrency exchange FTX and its founder Sam Bankman-Fried. The dramatic retreat from Tuesday's high offered a reminder of how much volatility still surrounds this digital asset. At one point it was down 11%, the sort of drop last seen during the tumult of 2022. So far this year bitcoin has been riding a wave of excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January. Those funds gave everyday investors widespread exposure to the digital asset, triggering anticipation of a record-breaking year. Read more:With bitcoin near $69,000, does it deserve a place in your portfolio? "The demand for these ETFs far exceeded anyone's expectations," Bitwise Asset Management chief investment officer Matt Hougan told Yahoo Finance. Bitwise was among the firms that got the green light from the Securities and Exchange Commission to run one of these funds. Several money managers are now predicting the digital asset could rise above $100,000 before the end of 2024. Investors are bidding other cryptocurrencies and related stocks higher too. Ether (ETH-USD), the second-largest cryptocurrency, has outperformed bitcoin by more than 7% since the beginning of the year. Several so-called meme coins — such as dogecoin (DOGE-USD), shiba inu (SHIB), and dogwifhat (WIF) — are also surging. One sign of the new mania surrounding bitcoin is the trading activity in the ETFs that launched in January. They have pulled in nearly $8 billion from investors in just two months, with the lion's share going to Wall Street heavyweights like BlackRock (BLK) and Fidelity Investments. That activity has been a boon to major crypto trading venues, including Coinbase (COIN) and Robinhood (HOOD). Coinbase is the crypto custodian for a number of these ETFs and earns fees tied directly to these products. Thedemand for tradingon Coinbase was so intense last week that it resulted in a snafu where some customers showed $0 balances in their accounts for part of one day. CEO Brian Armstrong offered assurances to customers that their funds were safe. Some individual customers reported seeing zero balances in their accounts again on Monday. There is also a basic law of economics at play in thenew market frenzysurrounding bitcoin: supply and demand. Fresh demand from the ETFs means more bitcoins are being bought on average each day than new coins are being created. The new ETFs have been purchasing a daily average of 3,320-4,300 coins since the beginning of February, three analysts who work for crypto money managers said last week. That is considerably more than the 900 coins being created daily by the bitcoin network in the same period. More supply problems are expected for bitcoin this year in light of the "halving" scheduled to take place 46 days from Monday. When it was created in 2009 by pseudonymous developer Satoshi Nakamoto, bitcoin was programmed with a fixed supply schedule that is cut in half every four years. After that next cut, the so-called halving, the daily supply of new coins will be 450 instead of 900. "We are in potentially the sweetest spot right here," Mark Connors, head of research for crypto asset manager 3iQ, told Yahoo Finance. "We can’t produce more bitcoin to meet demand." Connor’s firm has set its mid- to high-range price target for bitcoin this year at between $160,000 and $180,000. Next year, it anticipates an eye-popping target of $350,000 to $450,000 per coin. Another money manager, VanEck, set an $80,000 2024 price target for bitcoin last quarter. "Those estimates are admittedly a little stale now," Matthew Sigel, head of digital asset research for VanEck, said. There are certainly other factors at work in the current supply crunch beyond the demand from ETFs. One example: The US government has seized 215,000 BTC since 2020, according to data tracked by 21Shares. The stash includes confiscations in various seizures, such as from the 2016 hack of crypto exchange Bitfinex. The fact that they are just being held and not sold currently has constrained the supply. But that could change when the government needs to distribute some amount of that to victims, which may mean selling. As the asset price rises, many institutional buyers will also need to take profits to maintain the balance of their portfolios. That could also impact the supply-demand imbalance. There are also certainly less fundamental, and more psychological, factors driving this new rally, including the fear of missing out. Interest in bitcoin across the general US population is far from its peak compared to past rallies, Alex Thorn, head of research for Galaxy Digital, said over email Monday. Searches for "bitcoin" on Google and retail usage of crypto apps remain well below levels seen throughout the last bull market, according to Thorn. "We haven’t even begun to reach the heights this is likely to go," Thorn added. David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto, and other areas in finance. Click here for the latest crypto news, updates, and more related toethereumandbitcoinprices, crypto ETFs, and market implications for cryptocurrencies Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/neckbeardfedora98IQ', 'Subreddit is infested with scammers. ', 112, '2024-04-10 00:00', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', 'Just a heads up there’s a lot of posts from ‘women’ who claim to be 25-30 and are looking for older men. They are scammers who will say they are great at investing. It’s called a pig butchering scam and they want you to link your virtual wallet or bitcoin wallet and steal your money. Be weary if someone asks to move to WeChat/whatsapp or other messengers and it seems to be good to be true. ', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', '1c04m1v', [['u/Original_Algae_8255', 16, '2024-04-10 00:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu350k/', 'Thanks for the heads-up Bro\n\nKeep up the good work 💯💯💯', '1c04m1v'], ['u/Dismal-Ear', 21, '2024-04-10 00:33', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu79b2/', "I'm female. Older than that not by much and horrible at investing. But will spam you for pet pics", '1c04m1v'], ['u/occasionally_hippie', 17, '2024-04-10 00:51', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyua39x/', 'Duuuuuude I think you just saved me big time', '1c04m1v'], ['u/GarethGore', 11, '2024-04-10 01:01', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyubjcc/', 'essentially if anyone talks to you about a great investment just delete em, its always a scam', '1c04m1v'], ['u/occasionally_hippie', 10, '2024-04-10 02:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyuly0y/', 'I mean I was already chatting on WhatsApp and she was starting to send me the links. Blocked quickly. I appreciate you brother', '1c04m1v']]], ['u/MrRobotsoldier', 'Should I sell all my stocks', 37, '2024-04-10 00:15', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', 'I’m thinking if I should sell all my stocks for more shib i currently have 20 million coins and if I sell it would be 100 million in total. We all know bitcoin is going to halve and shiba might drop a 0 in a new all time high. ', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', '1c04ysp', [['u/Standard_Ad_1550', 59, '2024-04-10 01:07', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucgvq/', 'This is not the place to ask for financial advice.', '1c04ysp'], ['u/SlashRModFail', 19, '2024-04-10 01:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucxre/', 'What you should be figuring out is how you can raise more capital and earnings to put more into your investments and not just moving one to the other. Ie. Get some more money.', '1c04ysp'], ['u/SpookieDookie777', 14, '2024-04-10 02:34', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyuq152/', 'Don’t trust any hype bro. And diversifying is the best. Not all your eggs in one basket.', '1c04ysp']]], ['u/MrEdwL', "Explain it to me like I'm 5. Why does BTC halving matter for Shib? ", 49, '2024-04-10 00:39', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', ' ', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', '1c05k8h', [['u/Top-Conference8532', 60, '2024-04-10 00:45', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu93x4/', "Algorithms that buy Bitcoin buy other top cryptos in step with the Bitcoin price. It's how the algos work. Bitcoin leads the crypto market anyways, if Bitcoin is green the usually alt coins are green. If Bitcoin is red altcoin are usually red. That's why a lot of cryptos have the same daily chart. It's algos or better yet called bots buying and selling.", '1c05k8h'], ['u/sharkweeek', 25, '2024-04-10 00:50', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu9u3k/', 'A lot of new folks may not know the market is mostly algo trading with human trades being the exception not the rule.', '1c05k8h'], ['u/OptimusED', 25, '2024-04-10 01:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyudvzc/', 'BTC halvings have historically been a driver for bull runs and big crypto interest. Just because Shib is controlled/ manipulated by whales and not correlating with BTC/ETC movement as much doesnt mean it wont get a big boost like everything else. Watch it. Big things are coming.', '1c05k8h'], ['u/UrPicksRTrash', 14, '2024-04-10 01:18', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyue5up/', 'Less BTC available to buy so people will buy Shib instead #facts', '1c05k8h'], ['u/Milly315', 49, '2024-04-10 01:47', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuiqbx/', 'Rising tide raises all shibs.', '1c05k8h'], ['u/mvandemar', 18, '2024-04-10 02:04', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyulcob/', "BTC goes up, SHIB goes up. BTC goes down, SHIB goes down.\n\nBeen this way all along, no clue how people still don't know this.", '1c05k8h'], ['u/Animal_Pharmacy', 11, '2024-04-10 02:13', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyumr93/', "Why do I drink my own urine? Because it's sterile, and I like the taste", '1c05k8h'], ['u/oldhonkytonk', 25, '2024-04-10 03:31', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuyodj/', 'You mean all trades aren’t done while sitting on the toilet?', '1c05k8h'], ['u/COLTONGRUNDY1987', 13, '2024-04-10 10:06', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyw5yb5/', 'Lol... reading this while on the toilet..', '1c05k8h']]], ['u/n0tchance', '$COST on BSC ', 41, '2024-04-10 01:27', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', "$COST on BSC\n\nWelcome to Costco Hot Dog ($COST) on BSC! \n\nWHY $COST ON BSC IS A BUN ABOVE THE REST \n\nFOUNDER INFO:\nJeff Kirdeikis\n- Built a $500 Million USD marketcap company (TrustSwap)\n- Built a crypto app with 5 Million downloads\n- Secured $750 Million USD onchain through the project “Team Finance”. \n- Owns one of the worlds largest crypto groups with 265,000 members\n- Published top-10 author on Amazon\n\n\nTOKEN INFO:\n- Half of our liquidity is paired with Bitcoin! \nThis means that when the price of Bitcoin goes up, it drags the price of $COST up with it! \nSounds crazy, but that’s how decentralized liquidity pools work, cool eh?\n\n- The other half of our liquidity is paired with $BOOST! What’s interesting about BOOST is they have a huge treasury that is regularly used to buyback tokens. When they buyback tokens, the price of BOOST goes up. When the price of BOOST goes up, because of our LP paring, COST goes up as well!\n\nSo COST is benefitting from the price of Bitcoin going up AND the Buybacks from BOOST. In fact, on a $20,000 buyback of BOOST, $7,500 of that goes into buy pressure for COST!\n\n\nADDITIONAL INFO:\n$COST on BSC is: Fair-launched, no presale, no insiders, no vc's\nWe aint just a regular hoagie.\n\nWe’re the future of finance baby.\n\nThe world’s greatest hedge against inflation!\n\nContract address: 0x3d36685d91b060fb0351401f27ee058311fb00c1\n", 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', '1c06oys', [['u/Glum_Milk_2949', 18, '2024-04-10 02:11', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyumg57/', "This will be another shoulda, coulda, woulda, moments if you don't buy in!", '1c06oys'], ['u/Particular-Lunch4142', 17, '2024-04-10 02:37', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyuqhr3/', 'The potential for growth for this one is insane! Great reputable founder, strong loyal community. Would be a fool not to get at least a bit of exposure on this!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvml96/', 'You can tell the community is behind this 100%. It’s going to take off very soon! It stayed really stable when everything else was going down. Great signs of a future 100 mil mc token!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmn84/', 'The dev is the best part! Fully doxxed. Love a safe token!', '1c06oys'], ['u/Sad_Builder_3480', 10, '2024-04-10 06:31', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmswa/', 'My hope is that a lot of people that need the money get into this one early. This token is going to make a lot of people money.', '1c06oys']]], ['u/McPumpface', 'Teach Spouse About Seeds And Retrieving Our BTC Should I Unexpectedly Die', 94, '2024-04-10 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', "Has anyone done this? \n\nWere there any helpful resources that made the process clearer and give the needed knowledge to take control of the family stash?\n\nI don't want my spouse to have to spend the time I've spent to understand Bitcoin. I simply want them to be able to manage the coins should I not be able to do so. The coins are currently in cold storage on a hardware wallet. Seed is stored on steel. Passphrase has been added.\n\n\n\nThanks!", 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', '1c06rdx', [['u/GoldenrodScript', 27, '2024-04-10 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyugidy/', 'I just educated mine on how everything works and in the event that something happens to me and she forgets for whatever reason, take the private key to unchained and pay the extra money for concierge onboarding. If unchained isn’t around, I’m aiming to keep a running list of solid bitcoin only companies that help with self custody and / or inheritance.', '1c06rdx'], ['u/ElonaMusk212', 12, '2024-04-10 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuhdtv/', 'There are companies set up to handle all of this. They set up inheritance/Trusts...and walk your loved ones through this...they provide cold storage with 3 keys...\n\nAs time progresses...more and more companies will pop up that handle this. \n\nCheck out youtube videos on Luke Mikic....he talks about this a lot.', '1c06rdx'], ['u/Ok_Channel9726', 53, '2024-04-10 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyui22w/', "Been planning on doing this for years but never gotten around to it. Doesn't help that spouse has no interest in learning it or remembering it lol. Just wants me to take care of it. I really just need to make some very detailed step by step notes and store them. But of course, they'll probably be outdated by the time something happens.", '1c06rdx'], ['u/Anonymouse-C0ward', 10, '2024-04-10 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuoj7j/', 'That’s one use case. \n\nNot mine though. I have opinions on that use case… but as someone who firmly believes that on average, humanity is better due to intelligently managed regulatory systems that protect people, you can guess as to how I feel about it.\n\nThats one of the benefits of an asset system like Bitcoin; you don’t really need to believe in the same political philosophy as the person you’re trading or using the system alongside. Bitcoin doesn’t care about your politics.', '1c06rdx'], ['u/raymonddurk', 10, '2024-04-10 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyurcmc/', "Write it out step by step. Record a video of you doing it. Keep the software (Sparrow, Bitcoin Core, whatever you're using) on a USB drive along with those instructions and video. Make sure to replace the USB every few years with a new as technology ages and to avoid bit rot.\n\nHave a trusted friend ready to help (not sure if you have one of those yet).\n\nYou can use Casa. Their multisig solutions now come with inheritance (one email away) for all paid plans.", '1c06rdx'], ['u/McPumpface', 11, '2024-04-10 02:53', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuszfh/', 'Well, don’t hold us in suspense 😂', '1c06rdx'], ['u/Wyg6q17Dd5sNq59h', 11, '2024-04-10 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyutr9u/', "Heh. Ok, copying:\n\nMy husband recently died. He had some of our savings in bitcoin self-custody. I have the three seed phrases. But I need help using that information to access the bitcoin. \n\nResponse:\n\nI'm truly sorry to hear about your loss. Losing a loved one is incredibly difficult, and dealing with financial matters during such a time can add extra stress. Regarding accessing the Bitcoin held in self-custody with seed phrases, here's what you can do:\n\n1. Understand the Seed Phrase: The seed phrase, also known as the recovery phrase, is typically a list of 12 to 24 words that were generated when the wallet was created. This seed phrase is essentially the master key to your Bitcoin wallet.\n\n2. Identify the Wallet Type: You need to know which type of wallet your husband was using. Common types include hardware wallets (like Ledger or Trezor), software wallets (like Electrum or Exodus), or mobile wallets (like Trust Wallet or Breadwallet). Different wallets have different procedures for recovering funds using a seed phrase.\n\n3. Recovery Procedure: Once you've identified the wallet type, you can follow the specific recovery procedure for that wallet. Usually, it involves installing the wallet software on a new device and selecting the option to recover an existing wallet using the seed phrase. You will then be prompted to enter the seed phrase, and if entered correctly, the wallet should be restored, allowing access to the Bitcoin.\n\n4. Security Measures: Ensure that you are using a trusted and secure device when accessing the wallet and entering the seed phrase. Also, make sure you're not being watched or monitored while doing so, as revealing the seed phrase to anyone could compromise the security of the funds.\n\n5. Seek Professional Assistance: If you're unsure about any step of the process or if you're uncomfortable doing it yourself, consider seeking assistance from a trusted friend, family member, or a professional who is knowledgeable about Bitcoin and cryptocurrency wallets.\n\n6. Consider Legal Implications: Depending on your jurisdiction and your husband's estate planning, accessing the Bitcoin may have legal implications. It's a good idea to consult with a lawyer who specializes in estate matters to ensure that you're handling everything correctly and in compliance with the law.\n\nRemember to take your time and proceed cautiously. If you have any doubts or questions, don't hesitate to reach out for help.", '1c06rdx'], ['u/Wyg6q17Dd5sNq59h', 10, '2024-04-10 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyuucfr/', "Me:\nWhy are there 3 different sets of seed phrases?\n\nHaving three different sets of seed phrases could indicate a couple of possibilities:\n\n1. Multiple Wallets: Your husband might have used multiple wallets to store his Bitcoin holdings. Each wallet typically generates its own unique seed phrase. This could be for security reasons, diversification of storage, or simply for organizational purposes.\n\n2. Backup Phrases: It's also common for cryptocurrency users to create backups of their wallets, including the seed phrase. Having multiple sets of seed phrases could indicate that your husband created backups of his wallets, each with its own seed phrase. This is a good practice in case one set of seed phrases is lost or compromised.\n\n3. Recovery Phrases for Different Accounts: If your husband had accounts on different cryptocurrency platforms or exchanges, each requiring a seed phrase for recovery, he may have used different seed phrases for each account. This adds an extra layer of security, as compromising one seed phrase wouldn't necessarily give access to all of his accounts.\n\nRegardless of the reason for having multiple seed phrases, it's important to carefully handle each one and follow the appropriate recovery procedures for each wallet or account associated with them. If you're unsure about the purpose of each set of seed phrases or how to proceed with accessing the associated Bitcoin, seeking assistance from someone experienced in cryptocurrency management would be advisable.\n\nMe:\n\nCould they be signatures for a multi-sig wallet?\n\nYes, it's entirely possible that the three sets of seed phrases could be related to a multi-signature (multi-sig) wallet. In a multi-sig wallet, multiple private keys are required to authorize transactions, providing enhanced security and control over funds. Each private key is typically associated with its own seed phrase.\n\nFor example, in a 2-of-3 multi-sig setup, where two out of three private keys are required to authorize transactions, each participant would have their own private key and seed phrase. In the event of one participant being unavailable or losing their key, the other participants could still access the funds using their keys and seed phrases.\n\nIf your husband was involved in a multi-sig arrangement, each set of seed phrases could correspond to the private keys held by different parties involved in the wallet. In this case, you would need to collaborate with the other parties to access the funds.\n\nIt's essential to understand the specifics of the multi-sig setup and the roles of each party involved. If you believe that the seed phrases may be related to a multi-sig wallet, it would be beneficial to reach out to any relevant parties or seek professional assistance from someone experienced in multi-sig wallet management.", '1c06rdx'], ['u/rastavibes', 35, '2024-04-10 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/kyvpmr8/', 'there will be so much stranded btc on the blockchain in a generation or two', '1c06rdx']]], ['u/Ok-One-265', 'New to crypto altcoin advice', 11, '2024-04-10 02:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/', 'Hi everyone, I have just started in the crypto game and was wondering what types of altcoin everyone is buying or recommends. I am looking to burn around $2000 I guess.\n\nJust to be clear I HAVE done my research and have most of my investments in BTC,ETH, and BCH. I have been in the greens for a while as I did not buy in ATH. \n\nI am just looking to get into the game of altcoin as well and looking for what others think is worth it. Thanks in advance 😊', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/', '1c07w0d', [['u/Ok_Channel9726', 12, '2024-04-10 05:35', 'https://www.reddit.com/r/CryptoMarkets/comments/1c07w0d/new_to_crypto_altcoin_advice/kyvgb1p/', "Sell the the Bitcoin Cash. You'd be better off putting that money into Bitcoin or Ethereum. Solana would be my next choice. It seems to be the popular Ethereum alternative this cycle. Next I'd look into an Ethereum layer 2 either Polygon (matic) or Arbitrum. If you really want to risk and Yolo some of your money for the highest gaines but most risk, I'd look into some of the gaming platform tokens like BEAM (formerly merit circle) or IMX.", '1c07w0d']]], ['u/RevolutionaryPlane29', '$345,000 Scammed. Need help with next steps.', 12, '2024-04-10 02:36', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/', 'I have a family friend of mine who’s a senior citizen and has been scammed out of every penny he had to his name by a bitcoin pig butchering scam.\n\nIt started on Silver Singles dating app. He was contacted by a lady who appeared to be 45 and attractive. They talked over text message for about 4-5 months. She claimed to be a successful finance analyst at a bank in San Francisco California. Long story short, they built a relationship and he was completely fooled, thinking she was a real connection. She convinced him that she was successful trading bitcoin and they would talk regularly almost everyday over text, occasional voice notes and even once or twice over FaceTime (she was actually attractive and was the same woman from the photos shared). She walked him through the process of investing in bitcoin at the dips and used some user interface to show the profitable returns on investments, that he was obviously very happy believing. It started small with a $1000 investment, then turned into multiple $25k, $50k and even a $100k investment into bitcoin using the app “STRIKE” which appears to be a legitimate app.\n\nWhen he would be convinced to make these investments on STRIKE, the next step would be to transfer the bitcoin to a site called “Trust Wallet”, which also appears to be a legit app. The interesting thing about “Trust Wallet” is that it has its own web browser in the app. After all of this was said and done I tried to have him walk me through the steps but this is where I was a bit confused. My assumption is that this scammer had a website created with a unique but similar URL, and perhaps a similar UX, and had it linked or listed in this trust wallet “browser” somehow. \n\nBy the time he asked me for help this site and all of the history and transactions were gone. \n\nHe has created a case with FBI cyber crime, but I am really interested to learn what other steps can be taken. While hope of recovering any of the money is low, there is also a concern of all the taxes the IRS will want because he decided to pull a lot out of his retirement.\n\nHopeful someone can share any experience or recommend next steps for my friend who lost everything. Thanks in advance.', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/', '1c088ed', [['u/slothsworkingnyc', 10, '2024-04-10 03:01', 'https://www.reddit.com/r/CryptoScams/comments/1c088ed/345000_scammed_need_help_with_next_steps/kyuu7t9/', 'This is tragic. I’m so sorry. \n1. He can also make a claim with Secret Service, FTC, and maybe another agency I’ve forgotten.\n2. Trust Wallet is what I got scammed on by the pirate scumbag recovery scammers, Rick Heymann and Ollie Jacobs. Dirt bags. What happened to your friend is he probably was “helped” by the scammer to set up the Trust Wallet, but it was a dummy wallet and that’s how the money got drained.\n3. Do not, DO NOT OPEN YOUR DM’s. They’re the bottom feeding recovery scammers who claim they can get it back, that they hack into the Russian government’s system, etc etc. Just DELETE EVERY SINGLE ONE. There is no recovery for crypto.\n\nI’m so sorry. Please make sure your friend is ok. He will probably get incredibly depressed and not want to live, but he will get through this. Trust me.', '1c088ed']]], ['u/Ok_Art_2874', 'DCA selling strategy', 13, '2024-04-10 05:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/', 'DCA selling strategy for Bitcoin \n\nI first started buying bitcoin in 2021 when it was at $42k. I bought in FOMO spurts till $66k. Then it crashed. I HODLed and bought more on the way down at $46k and finally at $20k. HODLed thru 2023. Bought again at $46k and recently at $69k.\n\nThe result: I have 3 BTC at an average price of $50k each after 3 years of buying.\n\nNext up: I want to formulate a selling strategy. I know that talk of selling is frowned upon in this community. But, my objective in getting into bitcoin was to use it to accelerate paying off my mortgage. That necessitates selling it and transferring the proceeds into my mortgage.\n\nIf I were to start DCA selling 0.3 Bitcoin every year starting in 2025 and going thru 2034, how much do you all think I can net? Would it be likely that I will net $500k over the course of 10 years?', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/', '1c0biqr', [['u/Shootinsomebball', 13, '2024-04-10 08:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/kyvwhte/', 'You’re essentially asking people on here to predict the future. \xa0It’s s Bitcoin sub so everyone is hyper bullish long term.\xa0\n\nYou were able to make a decision to invest a sign I can’t amount of your savings in this product. Only you know the nuances of your financial situation to make a decision on when to sell', '1c0biqr'], ['u/cryptokid2140', 14, '2024-04-10 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0biqr/dca_selling_strategy/kyxiaga/', 'why would you want to pay off your mortgage? Let the fed inflate away your fixed non-callable debt while you siphon the cuckbucks into the hardest money on the planet', '1c0biqr']]], ['u/4510', 'Watch CPI print tomorrow morning, 830am.', 37, '2024-04-10 05:23', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/', 'If month-over month core CPI prints > 0.3% tomorrow morning, will be a negative market event for btc in short run as market is going to price fed cuts out further. A print <0.3% should be short term bullish.', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/', '1c0bpmr', [['u/PepeDeCorozal', 24, '2024-04-10 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvfwtk/', "If you believe a word of that CPI report, I've got a bridge in Baltimore to sell you...", '1c0bpmr'], ['u/4510', 49, '2024-04-10 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvggfy/', "has nothing to do with whether or not I believe the CPI report, it has everything to do with the fact that the Fed relies heavily on it when charting the course for interest rates. Risk assets (including bitcoin) aren't gonna like the prospect of fewer cuts further out in the short run (but will like the other side of the coin).", '1c0bpmr'], ['u/Specific_Software788', 30, '2024-04-10 08:29', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvy65m/', 'So its gonna be exactly 0.3%.', '1c0bpmr'], ['u/turpin23', 16, '2024-04-10 08:45', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyvzgog/', "He isn't saying that CPI per se is relevant. He is saying that CPI is used, or perhaps even manipulated, as a reason to make and justify interest rate changes. And those interst rate changes do affect price of risk assets, because people, importantly whales, e.g. a Saylor who controls 1% of market cap, do borrow to buy stuff.", '1c0bpmr'], ['u/thinkingperson', 12, '2024-04-10 09:33', 'https://www.reddit.com/r/Bitcoin/comments/1c0bpmr/watch_cpi_print_tomorrow_morning_830am/kyw3dae/', 'So either buy btc or buy more btc? Got it.', '1c0bpmr']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, April 10, 2024', 37, '2024-04-10 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/', '1c0cer2', [['u/Ok_File_9520', 10, '2024-04-10 07:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyvtftp/', 'Slowly run it back up to 72k over the next couple of days. Gbtc dumps seems to get better after first two days of the week.', '1c0cer2'], ['u/venderil', 15, '2024-04-10 08:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyw0hex/', 'lol yea, just like how we didnt go parabolic in the last few months while grayscale was constantly selling...', '1c0cer2'], ['u/Selfless_Brad', 16, '2024-04-10 10:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyw7kqv/', "just go on the trip - that's kind of the point of it all anyway, and the dip hasn't been so big that you should be feeling fomo like this imo.", '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 14, '2024-04-10 10:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywa0u4/', "I don't understand people talking about selling.\n\nSelling now is the equivalent of selling at 18k in 2020, or selling at $1,100 in 2017. We're still a few months away from the real fireworks.\n\nEvery cycle sees weak hands sell to the strong. I'm still buying.\n\nIf you're selling Bitcoin to get more dollars, you're selling yourself short because you don't see the big picture.\n\nIf you're selling dollars to get more Bitcoin, you're setting yourself up for long term wealth.", '1c0cer2'], ['u/_2f', 14, '2024-04-10 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywamoe/', 'Not everyone is in the cult of bitcoin, so to say. I like bitcoin but I know a lot of factors that are potential big risks to bitcoin, scaling and government regulations. So people may sell to fulfill their dreams. \n\nI think the idea of money is to not accumulate more but to live your best life.', '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 12, '2024-04-10 11:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywav4x/', "> I think the idea of money is to not accumulate more but to live your best life.\n\nSelling now means denying yourself the opportunity to live your best life in the future by selling low today.\n\nBut hey, if you don't get it you don't get it.", '1c0cer2'], ['u/Yodel_And_Hodl_Mode', 11, '2024-04-10 11:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywbog1/', "I doubt most of the people panic selling have been in Bitcoin for 11 years. I'd be surprised if some of them have been in Bitcoin for 11 months.", '1c0cer2'], ['u/de_moon', 11, '2024-04-10 12:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywfq6u/', "This current run seems more like the 2019 pre-halving run to $14k, roughly 70% of previous ATH.\n\n\nThat would put our would-be 2021-22 top at around $105k if not for the FTX debacle.\xa0\n\n\nI'm expecting a bit of a cooling off here down to $50k's before we take off again later this year or early next to $100k+.", '1c0cer2'], ['u/exporter-importer', 11, '2024-04-10 12:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywi1sp/', "Apologies if this is not the place to post, but I thought traders would be the best to ask - what's the general opinion on Deribit?\n\nDespite being arguably the most well known options exchange, I can't find much feedback on reddit from people who use them.", '1c0cer2'], ['u/PieStraight541', 12, '2024-04-10 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyww7ul/', 'So we sell because fiat is worth less?', '1c0cer2'], ['u/ChuckieEgg77', 12, '2024-04-10 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyww7uw/', '1. Inflation is high\n2. Mass sell-off of an asset which outperforms inflation\n3. ???\n4. Profit!', '1c0cer2'], ['u/Clnlne', 15, '2024-04-10 14:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kywxi7z/', 'Whole lot of FUD considering how great the 1 day still looks', '1c0cer2'], ['u/j_ockeghem', 12, '2024-04-10 15:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx07ni/', 'Inflation up -> Interest rates will stay higher for longer -> Stronger USD -> Weaker BTC.\n\nThe causality is as simple as that IMO.', '1c0cer2'], ['u/Frequent_Trouble_', 13, '2024-04-10 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx6a2r/', "Higher inflation means higher rates means higher interest burden for the treasury means more money printing. The fed is all kinds of fucked and Powell even _floating_ dropping rates in 2024 at the last meeting shows it.\n\nThey raise rates and fiscal dominance causes money printing. They drop rates and they pour gas on the flames. I'm bullish af on basically any timeframe outside the next 48H. Bring it JPow, let's fucking go.", '1c0cer2'], ['u/marsh2907', 16, '2024-04-10 15:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx7oy6/', "This inflation narrative needs to die. It's a load of rubbish by this point. \n\nThe CPI report is an absolute lie and doesn't reflect actual inflation. \n\nhttps://truflation.com/marketplace/us-inflation-rate\n\nThat is a more accurate inflation rate sitting at under 2%. The FED will do the exact same and react far too late in cutting rate like when raising them in the first place.", '1c0cer2'], ['u/btc-_-', 10, '2024-04-10 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx8lgt/', 'if you were in charge of the US Govt and the Fed and were $34 trillion in debt with a 125% debt-to-gdp ratio and were paying nearly 3% of GDP on interest payments alone, how would you maximize your position as the global reserve currency while trying to minimize chances of a true economic crash for your country in the short term?\n\ncorrect, as much money printing as you possibly could while the rest of the world still let you.', '1c0cer2'], ['u/dopeboyrico', 18, '2024-04-10 16:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyx8vvf/', 'Impact of rate cuts coming in slightly later than expected as a result of inflation data coming in higher than expected isn’t nearly as impactful as BTC halving in 9 days with spot ETF’s buying more than the amount of new BTC mined each day.\n\nBuy the dip.', '1c0cer2'], ['u/Ok_File_9520', 17, '2024-04-10 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxc8bf/', 'CPI impact lasted less than 2 hours. And you are bearish anon?', '1c0cer2'], ['u/52576078', 10, '2024-04-10 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxewv8/', 'Whichever country is first to back itself with BTC is gonna win so hard', '1c0cer2'], ['u/adepti', 12, '2024-04-10 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxiju9/', 'this price action is enough to give anyone ulcers\n\neasy mode ended last month', '1c0cer2'], ['u/John_Crypto_Rambo', 13, '2024-04-10 17:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxkmrr/', 'If Bitcoin doesn’t get busy soon it’s looking like the 74k peak a month before the halving was the halving pump. \xa0It makes sense, everything is always moved back further and further to catch people catching on to the trend. \xa0I wish I would have just thought of that and realized. \xa0Just filing it away to sell this cycle top earlier than I think. \xa0Hopefully being vigilant that the top may be this year and not 2025 will help.', '1c0cer2'], ['u/j_ockeghem', 10, '2024-04-10 17:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxkp03/', 'Minutes from last FOMC meeting will be released at 2pm EST. Better brace for some more volatility.', '1c0cer2'], ['u/BootyPoppinPanda', 16, '2024-04-10 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyxylpt/', "Zoom out to the daily. Shit's bullish. Idk what else to say about now.", '1c0cer2'], ['u/TouchMyTumor', 14, '2024-04-10 18:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy01v7/', "Unless I'm blind, Coinbase, RH, and CDC aren't even in the top 200 apps right now. Phantom Wallet is #145, but that's the only crypto-representing app in the top 200 . . . And it's for gambling on Sol memecoins. \n\nNot sure what it means that we've made a new ATH despite crypto not trending the way it did 4 years ago. Is it bullish that we've come this far without a lot of hype? Seems like a glass half full type of analysis.", '1c0cer2'], ['u/BuyAnacottSteel', 12, '2024-04-10 18:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy2euo/', 'I’m with you. To me this thing just looks like sideways until the next leg up well into the 80s. This week, next week, next month….doesn’t matter. \n\nIn January we were chopping around 40, February chopping around 50 until the leg up into the 60s and then crossed 70 in March. It is only April 10th. Seems like a great year so far. \n\nSometimes I read the bearish comments and think I must be insane…and I probably am.', '1c0cer2'], ['u/John_Crypto_Rambo', 11, '2024-04-10 19:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy39ii/', 'Ah exactly 69,420 after CPI comes in high, just as expected.', '1c0cer2'], ['u/jpdoctor', 14, '2024-04-10 19:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyy6jfn/', "If this hasn't already been posted, it should be: \n\n>Nice look at where all the trading is happening for the spot bitcoin ETFs.. off exchange is huge.\n\nhttps://twitter.com/EricBalchunas/status/1778077995099386188", '1c0cer2'], ['u/Frequent_Trouble_', 13, '2024-04-10 21:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyp8ca/', 'Maybe I was harsh but definitely not the only one pointing it out https://www.reddit.com/r/BitcoinMarkets/s/Im8tUx72kv\n\nI shitpost too but these "up or down? guys what\'s it going to do?" posts are getting old.', '1c0cer2'], ['u/Taviiiiii', 10, '2024-04-10 21:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyypr7q/', 'Yes', '1c0cer2'], ['u/btc-_-', 11, '2024-04-10 21:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyxa1h/', 'what’s your liq price? i won’t celebrate when we hit it but i’ll buy slightly more that day in your honor', '1c0cer2'], ['u/Cadenca', 13, '2024-04-10 21:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyxzc1/', "I'm seeing some real nice bearishness here tonight. Would make for a terrific time to break some highs with not every moonboy announcing they're long", '1c0cer2'], ['u/NotMyMcChicken', 13, '2024-04-10 21:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyy3o8/', 'Was praying you’d have posted by now. Back up we go.', '1c0cer2'], ['u/Teatrack', 11, '2024-04-10 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyyb4k/', '$80,000', '1c0cer2'], ['u/Odd_Occasion_563', 11, '2024-04-10 22:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyyyqxj/', 'I really do have a Pavlovian response to you posting now. You post and I immediately get excited the price will go up. \n\nLet’s see if you can nail it again', '1c0cer2'], ['u/_supert_', 12, '2024-04-10 22:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyz4adr/', 'There is one currency in which bitcoin has not broken its 2021 high. Can you guess which?', '1c0cer2'], ['u/Pigmentia', 17, '2024-04-10 23:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzf2iw/', "Dammit you scared it away.\n\nEveryone: if it comes back, don't look directly at it. And someone leave out a can of tuna or something.", '1c0cer2'], ['u/WaldoInWalden', 16, '2024-04-10 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzhurc/', "Here's my weekly tracking of GBTC's Bitcoin holdings since ETF launch: \n1/10/24 = 625,304 BTC \n1/17/24 = 592,098 BTC \n1/24/24 = 523,516 BTC \n1/31/24 = 487,025 BTC \n2/7/24 = 470,637 BTC \n2/14/24 = 461,983 BTC \n2/21/24 = 450,304 BTC \n2/28/24 = 441,815 BTC \n3/6/24 = 409,843 BTC \n3/13/24 = 387,746 BTC \n3/20/24 = 361,659 BTC \n3/27/24 = 339,535 BTC \n4/3/24 = 328,013 BTC\n\n4/10/24 = 316,193 BTC\n\nSimilar outflows to the prior week \\~12K BTC. One positive was that we received confirmation that Genesis is finished selling their \\~$4.1B worth of GBTC. The outflows still haven't stopped though and the consistency is pretty amazing. IBIT flipping them will be the next major step in their fade into irrelevance. \n\n#DrainGBTC", '1c0cer2'], ['u/itsthesecans', 21, '2024-04-10 23:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/kyzipb7/', "only 17.5m in outflow for GBTC.\n\n[https://farside.co.uk/?p=997](https://farside.co.uk/?p=997)\n\n \nDidn't expect that.", '1c0cer2']]], ['u/Spiritual-Station841', 'my SIL is being scammed', 888, '2024-04-10 07:06', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/', 'medyo mahaba. \n\nI have a sister-in-law sa abroad na may pamilya. ewan, my wife\'s side of the family are so gullible, lalo ang father in law and etong sister in law. buti naremedyohan ko pa si misis sa pagiging gullible. kaya kami ni sil ay hindi naguusap dahil tingin niya sa akin ay kontra ako ng kontra sa kanya (nascam na siya multiple times previously - I did say gullible).\n\nanyway, eto nangyari. my sil nagchat about 2 weeks ago inviting my wife, her brother, and mother to "invest in bitcoin" dahil si sil naginvest via a broker and kumita na raw ng Php5k, halagang Php1000 (converted from $). after niya matangap ang 5k, naginvest nanaman siya ng 135k (pesos) and sabi ng broker ay naging 5M na ang investment niya in 5 days via bitcoin. \n\nmother-in-law gusto rin maginvest para maging milyonaryo and asked my wife to process it. wife told me about it but suspetsa na niya agad na scam eto. told my wife to get all details from sil paano ang process, anong name ng broker company, etc. para maverify\n\n\nyun pala, sil got in contact with a "broker" by replying to those comments in FB live... you know... "I thank ms. so and so for the opportunity..."\n\nbuti pinadala mga email and chats between sil and broker kaya naverify namin ni wife that ALL info was fake. kaya sinabi namin sa MIL na scam eto, wag na magpadala ng pera. sinabihan rin namin si SIL pero eto na ang problema. she already sent about 300k in "taxes and certificates" tapos pilit pa na hindi raw eto scam. worse, nagiba ang ugali ni SIL na pinagmumura kami ni wife, isasampal raw ang 5M pagdating, masyado kami nagaapi sa kanya, wala na kami karapatan lapastangan siya kasi milyonaryo na siya, etc. this was 3 days ago.\n\nhay... gullible talaga. hinihintay namin etong weekend na marealize niyang walang darating na 5M sa kanya. ang tigas ng ulo eh at nagpadala nanaman ng pambayad para "antimoney laundering certificate" kaya around 500k na ang nailabas niya. oo nga pala, via crypto ang transaction niya sa scammer 🫣 ang laking tanga ng sil na eto. basta, we did our part to warn her. we pointed out all the red flags hanggang sa wrong grammar. bahala siya umiyak when she finally realize she was scammed.', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/', '1c0dkv0', [['u/Snoo_9320', 36, '2024-04-10 07:26', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvsecs/', 'Idk, pero dun pa lang sa may "broker" for bitcoin scammy na siya for me. Kasi napakadaming easy to use app na ikaw pde mismo bumili ng bitcoin. If I remember meron na ang Gcash or plano pa rin yun? \n\nAnyhoo, para maging 5m yung pera ni SIL, need ni btc mag ultra mega ATH. Yung 300k ni SIL around 0.076 btc lang. So kelangan more than 15 times ang current price ng btc in a week para ma reach yung 5m. (Please correct my math)\n\nFor shit coins na well known for pump and dumps possible mangyari yun. Pero for btc 🤷\u200d♂️🤷\u200d♂️', '1c0dkv0'], ['u/Genestah', 52, '2024-04-10 07:28', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvslsh/', "There's no cure for stupidity.", '1c0dkv0'], ['u/Spiritual-Station841', 31, '2024-04-10 07:29', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvsq8j/', 'natuto ako sa crypto during axie days. one of the red flags pointed out rin ay impossible mag-5M ang initial 135k niya (the 300k ay total "taxes and fees" 🥹 yung nahuthot na sa kanya). \n\nironically, SIL has no idea how crypto works or CEX works', '1c0dkv0'], ['u/taxms', 59, '2024-04-10 07:32', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvt1m7/', 'when the time comes when she cries because she realized it, dont gloat. tahimik lang, mas maiinis siya nyan lol', '1c0dkv0'], ['u/EstablishmentDry9690', 34, '2024-04-10 07:39', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvtphj/', 'Hoping you post an update on this what happens when she realizes its a scam lol', '1c0dkv0'], ['u/eggyra', 38, '2024-04-10 07:49', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvuknm/', 'This needs a follow-up post! My marites senses are tingling. 🕷️🕸️🕷️🕸️', '1c0dkv0'], ['u/Spiritual-Station841', 40, '2024-04-10 07:53', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvuz5m/', 'hehe. sure. will do a followup siguro by friday. sil is still in denial. nakatangap raw email na paparating na ang pera, basta magbayad uli 😳 told her i-verify niya sa bank ang pagbabayaran niya (antimoney laundering certificate kuno).', '1c0dkv0'], ['u/Worried_Fall4350', 24, '2024-04-10 08:06', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvw4me/', "Possible cguro yan around 5-8yrs ago na worthless pa ang Bitcoin, na kapag meron ka kahit Isa lang, is worth 4m na ngaun. Pero don't expect to be a millionaire investing in Bitcoin unless you're also investing millions which means you're already a multi millionaire. Lol\n\nIt's still possible to earn big with crypto. But, if you have no idea what your doing mauubos lang sa mga scam/shit coins at bad investments. Halos hindi na kasi mabilang ang dami ng klase ng crypto coins ngaun at most coins specially meme coins are highly volatile... Meaning Akala mo kumikita ka na talos ilang Segundo lang lugi ka. Lmao", '1c0dkv0'], ['u/LifeLeg5', 65, '2024-04-10 08:08', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvwaiw/', "Ganyang scenarios yung may nagpapatiwakal. It's too damn shameful to come back after doing all that,\xa0 at the very least hindi sila aamin at all, I think you should reach out either way.\n\n\nBut tbh, gusto ko din makakita ng reaction vid of a giant i told you so moment.", '1c0dkv0'], ['u/ShiroHori', 62, '2024-04-10 08:38', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyvyvtk/', 'Focus on protecting your assets nalang OP.\n\nWorst combo talaga ang relative na gullible and easy money scam. Buti nalang di sila same ng wife mo haha most traits na ganto runs in the family. Usually may one sane person lang na does their due diligence pero in the end sila pa yung masama.\n\nGood luck op. Just cut her off. Its her funeral anyway.', '1c0dkv0'], ['u/avocado1952', 47, '2024-04-10 09:21', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyw2g1g/', 'Wait for 6 months then tell her “excited na akong masampal ng 5M, kelan ba yan?”', '1c0dkv0'], ['u/ultra-kill', 11, '2024-04-10 10:11', 'https://www.reddit.com/r/Philippines/comments/1c0dkv0/my_sil_is_being_scammed/kyw6bm8/', '>yun pala, sil got in contact with a "broker" by replying to those comments in FB live... you know... "I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks plunged on Wednesday after another higher-than-expected inflation print.\n• The three major averages dropped, with the Dow losing over 400 points.\n• Odds of a June rate cut have been slashed as the Fed looks poised to continue its inflation fight.\nUS stocks plummeted on Wednesday as markets took in ahotter-than-expected inflation reportand the latest Federal Reserve meeting minutes, causing traders to push back on their expectations for Fed rate cuts this year.\nAll three benchmark indexes ended the trading session lower, with the Dow Jones Industrial Average sliding over 400 points. Bond yields soared, with the 10-year US Treasury spiking 18 basis points to 4.546%.\nInflation rose 3.5% on an annual basis in March, slightly hotter than the 3.4% increase economists were expecting. Core inflation, which excludes volatile food and energy prices, grew 3.8% year-per-year, hotter than the expected 3.7% increase.\nInflation has come in higher than expected for the past three months, which has undercut investors\' expectations for Fed rate cuts this year.Odds of a June rate cuthave fallen to 16%, according to the CME FedWatch tool, down from 56% odds priced in on Tuesday.\nBank of America maintained its outlook for a June rate cut but said it had "low confidence," given the latest CPI data. Barclays revised its outlook to just one 25 basis-point rate cut later this year, down from its initial forecast of one rate cut every other month. Goldman Sachs said it was adjusting its view to two cuts from three, asinsurance costs keep inflation running hot.\n"The Federal Reserve will have to wait even longer for evidence confirming that gains in fighting price pressures are durable before it turns accommodative," José Torres, a senior economist at Interactive Brokers, said in a statement. "Today\'s report reflects that progress on inflation has reversed, with goods and commodities turning from a disinflationary friend to an inflationary foe."\nAs of last month\'s policy meeting, Fed officials were still projecting three rate cuts to come in 2024. But newly released minutes of the Fed\'s March policy meeting show that central bankers remain cautious on the recent uptrend in inflation.\nOfficials commented on "disappointing" inflation readings over the past several months, adding they "did not expect it would be appropriate" to lower rates until there was greater confidence inflation was back on track to reach 2%, the minutes said.\n"The Fed always puts more weight on backward-looking data, and this Fed, in particular, is still scarred by the \'transitory\' inflation fiasco," Ian Shepherdson, the chief economist of Pantheon Macroeconomics said in a note on Wednesday. "The risk that the Fed waits too long and moves too slowly is rising."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,160.64, down 0.95%\n• Dow Jones Industrial Average:38,461.51, down 1.09% (-422.16 points)\n• Nasdaq Composite:16,170.36, down 0.84%\nHere\'s what else happened today:\n• The Fed may actually need to cut interest rates to lower inflation, one JPMorgan strategist says.\n• Stocks are headed for a decade-long "dead" zonewith losses on par with the dot-com bust, one fund manager warns.\n• The demise of the US dollar has been over-exaggerated.\n• Wall Street\'snew biggest stock bull thinks tech can power the S&P 500 another 7% higherthis year.\n• Nvidia still has 26% upsidedespite its recent sell-off, according to Bank of America strategists.\n• Bank of America just slashed Tesla\'s stock price targetand said weak demand will hurt the carmaker.\n• Russian oil flows are sidestepping sanctionsand trading above the G-7 price cap.\n• A third of consumerssee bitcoin plunging at least 70% this year, according to a survey from Deutsche Bank.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed by 1.21% to $86.26 a barrel.Brent crude, the international benchmark, ticked higher 1.25% to $90.54 a barrel.\n• Goldslipped 1.05% to $2,328.30 per ounce.\n• The 10-year Treasury yield jumped 18 basis points to 4.546%%.\n• Bitcoinrose 0.86% to $69,397.\nRead the original article onBusiness Insider', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', 'Cryfi is a marketplace and trading platform that offersblockchain-verified tradingsignalsand a leaderboard of top signal providers, along with paid signal channels for subscribers. The first version of the app has been released and a Founder Pass NFT collection is launching May 3.\nSINGAPORE, April 11, 2024 (GLOBE NEWSWIRE) --Cryfi, a blockchain-verified trading signal platform, has released its Alpha version as a Telegram Mini Appthat goes beyond basic copy-tradingto make it easier to not only share but adjust and implement trading signals. Cryfi’s Founder Pass NFT collection that grants users numerous perks on the platform will also be made available for early Cryfi supporters on May 3rd. The full-featured web-app launches later this year with the world’s first blockchain-verified trading signals and leaderboard.\n“We’re developing Cryfi’s on-chain verification to bring trust and transparency to crypto trading and remove the scam-traders that the space has become famous for,” said Cryfi founder and CEOYura Mizin. “As we enter crypto’s next bull run, more and more people are keen to start trading. There is no better way to learn how than to follow and listen to the best traders on the market today. However, since it’s currently impossible to verify someone’s trading skills, too many people end up following fakers who claim to be pros.”\nCryfi addresses these problems and more.Providing Proof-of-Signal, Cryfi’s trading signal platform features blockchain-verified signals and a leaderboard of top signal providers. Offering the perfect combination of control and automation, Cryfi users will be able to easily copy and adjust signals and then automatically implement these signals on CEXs and DEXs via API integration.Trading channel subscriptions, member management and promotions will be automatically handled for signal providers, so they can focus on trading and building their reputations. Meanwhile, traders can learn all the best trading strategies together via trading courses and a closed discussion group with top-performing signal providers on the platform.\n“Cryfi will be like a passport\xa0— a blockchain-verified certificate that showcases your trading capabilities. In addition, Cryfi will offer plenty of other features to help traders and signal providers trade more quickly and efficiently.”\nAvailable now,Cryfi’s Alpha version is a Telegram Mini Appthat allows signal providers more efficiently share their signals in their own existing communities, with automatic integration with Binance via API.The full-featured web-app platform is scheduled for launch in Q3 2024, withCryfi’s $CRFY tokenscheduled to launch in early 2025. The whitelist for their Founder Pass NFTs is already open, with an officialCryfi Galxe campaignongoing until May 3rd with USD 6,000 worth of NFTs to give away. Stay tuned to their social media channels for the launchpad reveals.\nFounder Pass NFTs Available May 3: Numerous Perks for Early Supporters\nThe Founder Pass is a limited edition collection of 430 utility NFTs that give early supporters many distinct benefits on the Cryfi platform\xa0— such as amembership in a closed group with pro traders and lifetime subscriptions to trading courses and Cryfi Pro, which will allow traders to copy and adjust signals and technical analysis on the live chart.There are two tiers of NFTs: the Shark Pass, which caters to novice traders, and the Whale Pass, which grants additional perks such asprofit sharing, larger discounts and forever access to signal channelsto Cryfi’s top ambassadors. Both tiers have plenty of other perks, too. See the official Cryfi Medium blog for more information about allthe benefits of owning a Cryfi Founder Pass NFT.\nFounder Pass NFT Details\n• Shark Pass: $300 each, 404 NFTs in total\n• Whale Pass: $3000 each, 26 NFTs in total\nTo earn a spot on the Founder Pass whitelist prior to the NFT launch, supporters should visit the Galxe campaign page linked below and complete the social tasks listed there.The top 50 participants will earn a guaranteed chance to purchase Founder Pass NFTs.All participants will also receive a free Early Supporter badge and be entered into raffles, with prizes coming from a pool of NFTs worth USD 6,000.\nParticipate in the Galxe campaign here:https://app.galxe.com/quest/Cryfi/GCFddtTagR\nTop Partners to Bring Further Value to the Cryfi Platform\nCryfi is also forging a number of important partnerships that will bring new features to the platform. One key partner isAnalog, a company which is developing a suite of multi-chain protocols. Analog’s interoperability technology will help Cryfi query other blockchains to seamlessly compare signal prices with real prices, and trade signals across chains without having to deal with smart contracts.\n“One of our visions is to help move traders from Web2 to Web3. While most people are familiar with the big names in the crypto space — Bitcoin, Binance, Ethereum and so forth\xa0— a lot of traders are not actually Web3 users. We want to change that,” Mizin said. “Lucky for us, Analog has all the tools we need to achieve this.”\nOther partnerships will add new capabilities to the Cryfi platform post-launch.Copinwill bring their on-chain traders to Cryfi as signal providers,Yoki Financewill bring crypto payments for channel subscriptions, and the quant trading platformCrypto Arsenalwill onboard Cryfi’s signal providers as additional analytics sources. Further big features coming up include copytrading, algorithm trading, trading bots and AI bots.\nCryfi’s team of experts boasts more than 50 years experience in product development, 30 years in blockchain, and 10 years in trading combined. Team members have worked with a number of leading brands, including Equifax, HTX and other fintech leaders in the Web2 and Web3 spaces.\nSee how Cryfi works in this video:https://www.youtube.com/watch?v=6Q3gpqiqVp0\nCryfi is More Than Just Another Trading Platform\xa0— It’s a Trading Community\nBy providing a fair and transparent social space where traders and signal providers can share ideas, Cryfi is building a real community of people with similar goals. Anyone can submit trading signals on Cryfi — their blockchain-verified track record will speak for itself on Cryfi’s leaderboard. This removes a huge barrier of entry for new signal providers, while ensuring Cryfi is represented by some of the best traders on the market.\nSupporters who join early will enjoy the benefit of utilizing the first blockchain-verified trading signals on the market, giving them increased trust in the validity of their trading strategies that most other trading communities cannot offer.Founder Pass NFT holders will also be the first to try out all new features Cryfi adds to its platform, giving them a distinct advantage when compared to members who join the platform later on.\nAbout CryfiLaunched in 2024,Cryfiis a crypto trading app that connects traders with blockchain-verified signal providers. The newly released MVP is available as a Telegram Mini App that allows for easy creation and implementation of trading signals. A future version is being developed that will include a mobile app, signal channel subscriptions, a leaderboard for top-performing signal providers, API integration with more centralized exchanges and DEXs, a trading school, and more.\nOfficial ChannelsCryfi Website:https://cryfi.app/Cryfi Twitter:https://twitter.com/Cryfi_app_Cryfi Medium Blog:https://medium.com/@cryfi_appCryfi Telegram (Announcements):https://t.me/+GggbNqo8GLcwNTViCryfi Telegram (Chat):https://t.me/cryfi_officialCryfi V1 (MVP):https://t.me/CryfiBotCryfi LinkedIn:https://www.linkedin.com/company/cryfi/Cryfi Whitepaper:https://cryfi.gitbook.io/cryfiCryfi Video:https://www.youtube.com/watch?v=6Q3gpqiqVp0Cryfi Whitelist Galxe Campaign:https://app.galxe.com/quest/Cryfi/GCFddtTagR\nMedia [email protected]@yourPRstrategist.com\nPhotos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/72b9d21e-b71f-4e73-8771-5372fc174369https://www.globenewswire.com/NewsRoom/AttachmentNg/762c7eae-44aa-482d-becd-79b7097f0a9b', 'Grayscale’s bitcoin {{BTC}} exchange-traded fund (ETF) loggedabout $18 million in outflowson Wednesday, a record-low figure since it first went live in January, Bitmex Research and Farside Investors said in posts on X.\nThe figures come a day after Grayscale CEO Michael Sonnenshein said he sees outflows from the Grayscale Bitcoin Trust (GBTC)reaching an “equilibrium”as selling activity connected to settlements of bankrupt crypto companies like FTX was "largely behind us.”\nAnalysts at Coinbase Institutional havesaidthat the increased GBTC selling is potentially in partdue to Genesis selling sharesas part of its bankruptcy process.\nThe GBTC product has hemorrhaged nearly $15 billion in bitcoin outflows since going live and has almost consistently seen outflows every week, likelycontributing toselling pressure on the asset.\nThe EFT also charges the highest annual fees among counterparts at 1.5% of holdings, compared with as low as 0.19% for Franklin Templeton’s EZBC.\nBitcoin is trading just above $70,600 as of European morning hours, up 2.2% in the past 24 hours. The broad-basedCoinDesk 20added 1.7%.', 'Grayscale’s bitcoin {{BTC}} exchange-traded fund (ETF) loggedabout $18 million in outflowson Wednesday, a record-low figure since it first went live in January, Bitmex Research and Farside Investors said in posts on X.\nThe figures come a day after Grayscale CEO Michael Sonnenshein said he sees outflows from the Grayscale Bitcoin Trust (GBTC)reaching an “equilibrium”as selling activity connected to settlements of bankrupt crypto companies like FTX was "largely behind us.”\nAnalysts at Coinbase Institutional havesaidthat the increased GBTC selling is potentially in partdue to Genesis selling sharesas part of its bankruptcy process.\nThe GBTC product has hemorrhaged nearly $15 billion in bitcoin outflows since going live and has almost consistently seen outflows every week, likelycontributing toselling pressure on the asset.\nThe EFT also charges the highest annual fees among counterparts at 1.5% of holdings, compared with as low as 0.19% for Franklin Templeton’s EZBC.\nBitcoin is trading just above $70,600 as of European morning hours, up 2.2% in the past 24 hours. The broad-basedCoinDesk 20added 1.7%.', 'Darktrace (DARK.L)\nDarktrace shares surged by 7% after it raised its annual revenue and margin forecasts for the third time this year.\nThe British cybersecurity company\'s third-quarter revenue jumped 26.5%, driven by demand for its services due to an increase in digital attacks. It also benefitted from a boom in artificial intelligence.\nIt marks the second quarter in a row that the company has seen an increase in new revenue.\nCathy Graham, chief financial officer, said: "We believe the markets in which we operate are emerging from a period of relative economic uncertainty and moving to an environment where organisations can prioritise proactive cyber defense."\nDarktrace\'s revenue for the year ending June is now expected to grow at least 25.5%, compared with its previous forecast range of increasing 23.5% to 25%.\nThe company raised its annual revenue and core profit margins forecast in January, and again in March. Annual core profit margin is now expected to be at least 23%, from an earlier forecast of at least 21%.\nThe company added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.\nAstraZeneca (AZN.L)\nAstraZeneca shares were 1.5% higher in London after it announced plans to raise its annual dividend for this year by 7%. This results in an increase to $3.10 (£2.47) per share, up from $2.90 (£2.31).\nThe UK pharmaceutical firm said the move underlines its “confidence in its performance and cash generation”.\nMichel Demaré, chairman of the group, said the uplift was “in line with our progressive dividend policy, which remains unchanged and reflects the continuing strength of AstraZeneca’s investment proposition for shareholders”.\nRead more:Gold rises to near record highs even as interest rate cut hopes fade\nIt comes just hours before Astra holds its AGM, where investors will vote on whether to approve chief executive Pascal Soriot’s, £17m pay packet. The payout last year drew much criticism from corporate governance experts.\nAccording to AstraZeneca’s annual report, he was paid £16.9m last year, including salary, benefits and bonuses, up from £15.3m the year before.\nHe is in line for an even higher deal this year, depending on the company’s performance, with a maximum package of £18.6m including cash and long-term share bonuses.\nInfluential advisory firms Glass Lewis and ISS had both recommended shareholders vote against AstraZeneca’s pay policy.\nPersimmon (PSN.L)\nPersimmon slipped on Thursday, alongside other housebuilders, amid news that UK interest rates are now expected to be cut in August or September.\nIt comes as Bank of England (BoE) policymaker Megan Greene said there is a greater threat of inflation persistence in the UK than in the US, the latter of which saw prices rise faster than expected in the year to March.\nIt came as the UK housing market saw the best levels of interest among buyers in more than two years in March, according to a new survey.\nFigures from the Royal Institution of Chartered Surveyors (RICS) said house prices also touched their highest since 2022 as a recovery gathered more momentum. This was driven by cooling inflation and falling mortgage costs after their rise hit demand.\nRICS\' gauge of buyer enquiries showed a net balance of +8 last month, the strongest reading since February 2022 and up from +4 in February.\nIts measure of house prices, while still showing more expectations of price falls than rises, hit its highest since October 2022 at -4, up from -10 in February and a low of 67 in September last year. A Reuters poll of economists had pointed to a reading of -6.\nBitcoin (BTC-USD)\nBitcoin climbed back above the $71,000 (£56,506) mark on Thursday, despite stock markets closing lower after a disappointing US inflation report.\nThe world\'s largest digital asset by market capitalisation increased by over 2% in the past 24 hours, reaching a daily high of over $71,200. The uptick follows a downturn in early trading on Wednesday, that saw bitcoin reach a daily low of around $68,000.\nMajor US stock indices closed lower after US consumer prices came in hotter than expected in March, according to the latest data from the Bureau of Labour Statistics\nThe US Consumer Price Index rose 0.4% over the previous month and 3.5% over the year to March, an acceleration from February\'s 3.2% annual gain in prices. The data matched February\'s month-over-month increase.\nBitcoin has an upcoming event that could act as a major price catalyst. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market. This event is anticipated to occur on or around Saturday, 20 April.\nThe bitcoin halving is an event that happens about every four years. The halving will reduce the reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nWatch: What are SPACs?\nDownload the Yahoo Finance app, available forAppleandAndroid', 'Darktrace (DARK.L)\nDarktrace shares surged by 7% after it raised its annual revenue and margin forecasts for the third time this year.\nThe British cybersecurity company\'s third-quarter revenue jumped 26.5%, driven by demand for its services due to an increase in digital attacks. It also benefitted from a boom in artificial intelligence.\nIt marks the second quarter in a row that the company has seen an increase in new revenue.\nCathy Graham, chief financial officer, said: "We believe the markets in which we operate are emerging from a period of relative economic uncertainty and moving to an environment where organisations can prioritise proactive cyber defense."\nDarktrace\'s revenue for the year ending June is now expected to grow at least 25.5%, compared with its previous forecast range of increasing 23.5% to 25%.\nThe company raised its annual revenue and core profit margins forecast in January, and again in March. Annual core profit margin is now expected to be at least 23%, from an earlier forecast of at least 21%.\nThe company added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.\nAstraZeneca (AZN.L)\nAstraZeneca shares were 1.5% higher in London after it announced plans to raise its annual dividend for this year by 7%. This results in an increase to $3.10 (£2.47) per share, up from $2.90 (£2.31).\nThe UK pharmaceutical firm said the move underlines its “confidence in its performance and cash generation”.\nMichel Demaré, chairman of the group, said the uplift was “in line with our progressive dividend policy, which remains unchanged and reflects the continuing strength of AstraZeneca’s investment proposition for shareholders”.\nRead more:Gold rises to near record highs even as interest rate cut hopes fade\nIt comes just hours before Astra holds its AGM, where investors will vote on whether to approve chief executive Pascal Soriot’s, £17m pay packet. The payout last year drew much criticism from corporate governance experts.\nAccording to AstraZeneca’s annual report, he was paid £16.9m last year, including salary, benefits and bonuses, up from £15.3m the year before.\nHe is in line for an even higher deal this year, depending on the company’s performance, with a maximum package of £18.6m including cash and long-term share bonuses.\nInfluential advisory firms Glass Lewis and ISS had both recommended shareholders vote against AstraZeneca’s pay policy.\nPersimmon (PSN.L)\nPersimmon slipped on Thursday, alongside other housebuilders, amid news that UK interest rates are now expected to be cut in August or September.\nIt comes as Bank of England (BoE) policymaker Megan Greene said there is a greater threat of inflation persistence in the UK than in the US, the latter of which saw prices rise faster than expected in the year to March.\nIt came as the UK housing market saw the best levels of interest among buyers in more than two years in March, according to a new survey.\nFigures from the Royal Institution of Chartered Surveyors (RICS) said house prices also touched their highest since 2022 as a recovery gathered more momentum. This was driven by cooling inflation and falling mortgage costs after their rise hit demand.\nRICS\' gauge of buyer enquiries showed a net balance of +8 last month, the strongest reading since February 2022 and up from +4 in February.\nIts measure of house prices, while still showing more expectations of price falls than rises, hit its highest since October 2022 at -4, up from -10 in February and a low of 67 in September last year. A Reuters poll of economists had pointed to a reading of -6.\nBitcoin (BTC-USD)\nBitcoin climbed back above the $71,000 (£56,506) mark on Thursday, despite stock markets closing lower after a disappointing US inflation report.\nThe world\'s largest digital asset by market capitalisation increased by over 2% in the past 24 hours, reaching a daily high of over $71,200. The uptick follows a downturn in early trading on Wednesday, that saw bitcoin reach a daily low of around $68,000.\nMajor US stock indices closed lower after US consumer prices came in hotter than expected in March, according to the latest data from the Bureau of Labour Statistics\nThe US Consumer Price Index rose 0.4% over the previous month and 3.5% over the year to March, an acceleration from February\'s 3.2% annual gain in prices. The data matched February\'s month-over-month increase.\nBitcoin has an upcoming event that could act as a major price catalyst. The consensus among analysts is that the upcoming \'bitcoin halving\' could continue to drive inflows into the bitcoin market. This event is anticipated to occur on or around Saturday, 20 April.\nThe bitcoin halving is an event that happens about every four years. The halving will reduce the reward that miners receive for validating blocks on the blockchain from the current 6.25 BTC to 3.125 BTC. This could act as a supply crunch for the digital asset, potentially leading to a price appreciation.\nWatch: What are SPACs?\nDownload the Yahoo Finance app, available forAppleandAndroid', 'Implementing an investment strategy of buying low-priced stocks may not be for everyone. But if you’re a growth-oriented investor who’s willing to accept a level of risk, stocks under $7 can be both appealing and profitable.\nThese stocks under $7 have greater potential for substantial gains because they start off with lower valuations. It’s much easier to achieve rapid price increases in response to positive news or market trends when a stock is priced at less than $7.\nMany of the names on this list are in the early stages of development or operate in niche markets. An investment exposes you to a potential growth story that could see your investment double over time.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nBut be cautious. Greater rewards always come with greater risk, and lower-priced stocks can always be more volatile than their higher-priced counterparts. Rapid gains can be followed by sudden losses.\nYou need to be prepared for short-term price swings and have the stomach for risk when you’re investing in these names.\nFortunately, we have the Portfolio Grader at our disposal. The Portfolio Grader evaluates stocks based on growth history, earnings performance, analyst sentiment, and momentum to help us identify the best stocks on the market.\nAccording to the Portfolio Grader, these stocks under $7 are among the best choices if you want to score with a low-priced stock and have a reasonable risk tolerance.\nSource: rafapress / Shutterstock.com\nAny company that is being smart about incorporating artificial intelligence into its offerings is getting investors’ attention. AndSoundHound(NASDAQ:SOUN) is exceptionally smart about AI.\nSoundHound uses AI for its voice recognition products. Employee Assist is a new product that companies can use to help their employees be more productive.\nAn employee would pose a question to Employee Assist about a job function, for instance, and get immediate verbal instructions from the SoundHound app about how to do the work.\nSoundHound also has products that vehicle owners can use to access their owners’ manuals and answer questions about maintenance or troubleshooting problems.\nSoundHound stock exploded in February whenNvidia(NASDAQ:NVDA) disclosed it owned 1.7 million shares of SOUN stock. Everything Nvidia touches these days turns to gold, and Nvidia is working with SoundHound’s AI to create applications.\nSOUN stock is priced at less than $7, but I don’t think it will be there for long. It’s up 128% this year and gets a “B” rating in the Portfolio Grader.\nSource: shutterstock.com/cono0430\nApplied Digital(NASDAQ:APLD) is a Dallas-based company that designs and operates data centers and digital infrastructure to support high-performance computing and AI products.\nThe company also provides cloud services and blockchain colocation services, although it recentlysoldaBitcoin(BTC-USD) 200-megawatt mining campus toMarathon Digital(NASDAQ:MARA) for $97 million.\nApplied Digital says it plans to focus on its high-performing data centers moving forward (which is why it changed its name from Applied Blockchain).\nEarningsfor the fiscal second quarter included revenue of $42.2 million, an increase from $12.3 million a year ago.\nIt reported a net loss of $10.5 million and 10 cents per share, which was a marked improvement from a year ago when it lost $26.7 million and 28 cents per share.\nAPLD stock is down right now, losing 57% so far this year (volatility!) as it lowered its full-year guidance because of delays in the delivery of networking components for its graphics processing unit clusters.\nThe company is expected to release more details when it reports fiscal Q3 earnings after the market closes on April 11, so the outlook for this company could change quickly.\nFor now, APLD stock has a “B” rating in the Portfolio Grader.\nSource: Sisacorn / Shutterstock.com\nMedical and pharma stocks are often among Wall Street’s most volatile and risky. Developing new drugs is a costly business full of regulatory hurdles and competition. But when a company hits, the returns can be dynamic.\nThat brings us toElevation Oncology(NASDAQ:ELEV), a Boston-based company that is working on variouscancer therapies.\nThe company has two Phase 1 trials for its candidates for treating solid tumors in combination with immunotherapy and targeted agents for gastric, gastroesophageal junction, pancreatic and esophageal cancers.\nIn February, the company issued its first dose to a patient in Japan as part of a Phase 1 clinical trial for its E0-3021 candidate. Earlier this month, the company issued proof-of-concept for itsHER3-ADC program, which shows success in treating cancerous cells while minimizing exposure.\nElevation Oncology says it has sufficient funding for its operations through the fourth quarter of 2025, giving it a solid window to continue to fund its research. ELEV stock is up 777% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: boommaval / Shutterstock.com\nMicroCloud Hologram(NASDAQ:HOLO) \xa0is a Chinese software company that works with holographic technology, such as holographic content services, smart car holographic fields, cloud data processing and intelligent visual services.\nThe company’s products can be used in Internet advertising, audio and video applications and automotive electronics manufacturing.\nBut as the technology grows, MicroCloud is betting that it will capture a significant piece of the market for holographic hardware development and design and holographic chip design.\nMicroCloud has been a volatile meme stock, jumping at one point in February more than 1,700%. In September last year, the stock went even higher when itannouncedit was working withOpenAI’sChatGPT to make a holographic virtual digital human.\nThere are some red flags with MicroCloud, to be sure. The company hasn’t done a good job of issuing financial statements, with its Form 10-Q for the first quarter of 2023 being the most recent report available. It’s not a company that I would ever consider as a core holding for my portfolio.\nBut HOLO could be worth a small investment for a speculative investor. It gets a “B” rating in the Portfolio Grader.\nSource: Gorodenkoff / Shutterstock.com\nClearside Biomedical(NASDAQ:CLSD) is a Georgia company developing treatments for the back of the eye through the suprachoroidal space.\nIt patented theSCS Microinjectorfor use as an in-office, non-surgical procedure to deliver treatments to the macula, retina, or choroid of the eye, and possibly relieve patients with vision-threatening diseases.\nNow that Clearside has the Microinjector, it’s working on its own pipeline of product candidates that can be delivered using its own patented device. Its drugcandidatefor treating age-related macular degeneration is currently in Phase 2B trials.\nRevenue in the fourth quarter of 2023 was $6.3 million, up substantially from $330,000 a year ago. The growing company posted a net loss of $4.8 million and 8 cents per share, which was an improvement from $9.6 million and 16 cents per share in the fourth quarter of 2022.\nCLSD stock is up 10% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: Stephanie L Sanchez / Shutterstock.com\nNikola(NASDAQ:NKLA) is an Arizona-based company that manufactures commercial, heavy-duty battery electric vehicles. Nikola also manufactures a hydrogen-powered EV truck with a range of up to 500 miles.\nNikola provides the infrastructure to produce, distribute and dispense hydrogen, and offers electric vehicle fast-charging infrastructure for its battery-powered EVs.\nRevenue for the fourth quarter of 2023 was $11.5 million, up from $5.4 million in the previous year. The company posted a net loss of 153.5 million and 14 cents per share, down from a loss of $222 million and 36 cents per share in the previous year.\nNKLA stock is an interesting bet on green power for heavy-duty vehicles. While the stock will be volatile, it’s up 14% in 2024 and gets a “B” rating in the Portfolio Grader.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nBitfarms(NASDAQ:BITF) is a Toronto-based Bitcoin mining company. With the price of Bitcoin up 63% in 2024 and 132% in the last year, Bitcoin mining has become exceptionally profitable.\nBitfarms currently operates 11 farms in Canada, Paraguay, Argentina and the U.S., deploying nearly 66,000 miners to produce the cryptocurrency. While it currently has a production capacity of 6.5 exa hash per second (EH/s), Bitfarms has plans toincrease its capacityto 21 EH/s.\nIn March, Bitfarms produced 286 Bitcoin and sold 284 of them, which at today’s prices would be more than $19.5 million in revenue.\nThe company reportedrevenueof $146 million and an operating loss of $72 million for the year, compared to revenue of $142 million and a loss of $284 million in 2022.\nThe company will continue to see losses as it expands its production capacity, but its added capacity bodes well for future profitability.\nBITF stock is up 113% in the last 12 months and gets a “B” rating in the Portfolio Grader.\nOn the date of publication, Louis Navellier had a long positioninNVDA. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.\nThe InvestorPlace Research Staff member primarily responsible for this article had a long position in BTC and NVDA. The staff member did not hold (either directly or indirectly) any other positions in the securities mentioned in this article.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post7 Top Stocks Under $7appeared first onInvestorPlace.', 'Even ardent supporters ofXRP(CRYPTO: XRP)must be getting tired of waiting for its price to soar. XRP still trades around the $0.62 mark, almost exactly the same as on Jan. 1. Meanwhile,Bitcoin(CRYPTO: BTC)has blasted off into the stratosphere, reaching new all-time highs this year.\nBut XRP may have one more trick up its sleeve.Ripple, the company behind the XRP crypto token, recently announced plans to launch a newstablecoinfor the XRP ecosystem. If successful, this new product launch could revive growth prospects for XRP and potentially send the value of the crypto token past the $1 mark.\nA stablecoin is a special type of cryptocurrency that is pegged 1-to-1 to a specific asset, typically the U.S. dollar. Unlike traditional cryptocurrencies, which can gyrate wildly in value, stablecoins are supposed to be, well, "stable." Regardless of what is going on in the market, they are always supposed to be worth $1. If they ever lose their peg, it means something has gone seriously wrong.\nGiven this unique property, a stablecoin can act as a bridge between the world of traditional finance (which uses real-world dollars) and the world of blockchain finance (which uses digital dollars). Stablecoins help to convert real-world dollars into digital dollars so that they can be used on a blockchain. Often, they are used so seamlessly that you may not even realize that they are being used.\nAnd that\'s where XRP comes into the picture. In theory, the new stablecoin should create new use cases for XRP, and those in turn, should help to drive a higher valuation. For example, XRP already powers a payment network from Ripple. As usage of the stablecoin increases, it could lead to more usage of this payment network, which could lead to more demand for XRP, which could help to push up its price.\nRight now, stablecoins are a $150 billion industry. They are enormously important in getting mainstream financial players (such as banks) involved in the world of blockchain finance. If the new Ripple stablecoin is a big hit with these financial players, it would make everything that XRP does more attractive and more valuable.\nEven if Ripple only gains a 10% market share of the $150 billion stablecoin industry, that\'s worth $15 billion. That\'s roughly half the value of XRP, which has a current market cap of about $34 billion. So it\'s easy to see how XRP could get a nice lift in value from just a modest gain in market share.\nThe only problem is that the stablecoin industry is currently controlled by two behemoths --Tether(CRYPTO: USDT)andUSD Coin(CRYPTO: USDC). The market cap of Tether is $107 billion, and the market cap of USD Coin is $32.5 billion. Together, these two stablecoins account for about 95% of the total $150 billion market opportunity.\nSo Ripple has its work cut out for it. It must convince everyone currently using Tether and USD Coin to use its stablecoin instead. And the only way to do that, quite frankly, is to convince everyone that its stablecoin is 100% guaranteed to never lose its peg, while other stablecoins might. And, indeed, there have been multiple times over the past two years when Tether briefly lost its peg.\nFrom my perspective, gaining market share is going to be a really tall task. Just askPayPal(NASDAQ: PYPL), which launched a new stablecoin called PayPal USD last August. The total market cap of this stablecoin is still less than $200 million, and some of the initial enthusiasm surrounding it seems to have cooled considerably. Not to mention the fact that the Security and Exchange Commission (SEC) is taking a closer look to see if it might really be a security, not a cryptocurrency.\nUnfortunately, XRP has been losing its relevance as a crypto token for several years now. Given that XRP remains mired in an ongoing lawsuit with the SEC, many financial institutions are hesitant about using it, and some have broken off partnerships entirely as they wait for things to sort themselves out.\nWhile I certainly applaud Ripple for taking steps to boost the value of XRP (even if it\'s only indirectly), I\'m not convinced that this new product launch is going to move the needle. The market seems to agree. Since Ripple announced its new stablecoin project in early April, the price of XRP has barely budged. As a result, I\'m increasingly doubtful that XRP will cross the $1 threshold this year.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin and USD Coin. The Motley Fool has positions in and recommends Bitcoin, PayPal, and XRP. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nWill This new Catalyst Send XRP Soaring Past the $1 Mark?was originally published by The Motley Fool', 'Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye.\nThe biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments.\nWith no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven\'t moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%.\nAs a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech.\nThese three tech stocks look like they have more potential than any cryptocurrency.\nChip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion.\nMeanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia\'s offerings and has already caught the attention of some of tech\'s most prominent players, signing onMicrosoftandMeta Platformsas clients.\nAdditionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled.\nAMD has massive potential in the coming years; earnings per share (EPS) estimates support this.\nAMD\'s earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company\'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD\'s stock price could nearly double by fiscal 2026, rising 96%.\nAnd with that, AMD has significantly more potential than the crypto market.\nLike AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year.\nThe company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple.\nHowever, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025.\nMoreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently.\nIntel\'s earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company\'s forward P/E of 28, you get a stock price of $85.\nLooking at its current position, these projections could see Intel\'s stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency.\nAmazon\'s(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term.\nAdditionally, as the operator of the world\'s biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years.\nAmazon\'s earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant\'s forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026.\nAmazon has a bright future, and you won\'t want to miss out on its potential.\nBefore you buy stock in Advanced Micro Devices, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nJohn Mackey, former CEO of Whole Foods M Last 60 Days of Bitcoin's Closing Prices: [48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-11 Financial & Commodity Data: - Gold Closing Price: $2354.80 - Crude Oil Closing Price: $85.02 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,372,942,003,225 - Hash Rate: 566860609.5352726 - Transaction Count: 476241.0 - Unique Addresses: 631803.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024. The central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction. During the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024. Following the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Revenue:$43.3 million for Q3 2024, up from $14.1 million in Q3 2023.\n• Datacenter Hosting Revenue:$37.7 million.\n• Cloud Services Revenue:$5.6 million.\n• Cost of Revenues:$47.1 million for Q3 2024, up from $10.5 million in Q3 2023.\n• SG&A Expenses:$30.4 million for Q3 2024, up from $10.5 million in Q3 2023.\n• Net Loss:$62.8 million or $0.52 per share for Q3 2024, compared to $7 million or $0.07 per share in Q3 2023.\n• Adjusted Net Loss:$28.9 million or $0.24 per share for Q3 2024.\n• Adjusted EBITDA:Loss of $2.3 million for Q3 2024, compared to a gain of $0.9 million in Q3 2023.\n• Cash and Equivalents:$41 million at the end of Q3 2024.\n• Debt:$61.8 million at the end of Q3 2024.\n• Warning! GuruFocus has detected 6 Warning Signs with APLD.\nRelease Date: April 11, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Jamestown facility operated at full capacity with uninterrupted uptime throughout the quarter, marking the sixth consecutive quarter of full capacity operation.\n• Entered into exclusivity and executed an LOI with a US-based hyperscaler for 400 megawatts of capacity at the Ellendale campus, which is a significant development for future growth.\n• Strengthened balance sheet post-quarter with $160 million of announced asset sales and financing transactions.\n• Successfully procured replacement transformers from North American industry-leading manufacturers for the Ellendale facility, which is now reenergized to approximately 14% of its full capacity.\n• Revenue for the fiscal third quarter of 2024 was $43.3 million, compared to $14.1 million for the fiscal third quarter of 2023, driven primarily by increased capacity across data center hosting facilities and revenue from cloud services contracts.\n• Encountered challenges in the data center hosting business due to facility power outages, particularly at the 180 megawatt Ellendale facility, which impacted financial performance.\n• Adjusted EBITDA loss of approximately $2.3 million for the quarter, with several one-time significant items affecting financial performance and comparability.\n• Incurred unexpected expenses from addressing power outages at the Ellendale data center hosting facility, estimated at $4.5 million impact on operating loss during the quarter.\n• Recorded a $21.7 million loss on held-for-sale classification related to the Garden City transaction and $4.2 million of accelerated depreciation and amortization related to the disposal of damaged equipment.\n• Lack of significant sequential revenue growth in the cloud services business due to delays in clusters entering revenue generation.\nQ: At West, you described Ellendale and Jamestown as strategic. So I wanted to ask if it's fair to conclude from that comment that those assets would not be sold on specifically just the BTC. piece of it. Thank you very much.A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Sure. Thanks, Lucas. So those assets are strategic to us and that they have a really good fiber connectivity at those sites versus what we had in Texas. And we have no plans of selling those in the US in the immediate future.\nQ: On Ellendale, you mentioned you have more than 600 megawatts of future capacity. Is this 600 megawatt inclusive of the current PTC business or incremental? And then how is this power capacity secured?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So it's inclusive of the one 180 on the BTC. com. And right now, we've secured 535 megawatts at that site, but we believe it goes to 605.\nQ: On the debt facility that you had mentioned for the GPUs, what potential size could we think about for that?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I'm hesitant to say the size, but it's somewhere in the multi-hundred million, maybe $500 million to $1 billion range.\nQ: Regarding the 400 megawatt hyperscaler contract, is this in addition to or a completely new move on your part with respect to what you have out there for sale?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: The 400 megawatts is inclusive of the 100. So it will take that the previous customer didn't go forward. As I've mentioned on our call last call in January, we've we have had a significant amount of interest at that site. And I think you don't know feel like we're moving forward with the best party for us to move forward with now, which is effectively for the entire site.\nQ: Could you give us a quick update on sort of where your orders sit, where the supply of GPUs, how well that's coming in, including inclusive of InfiniBand?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes, sure. So couple of things on that. We feel good on the supply. We're seeing shipments on including everything. One of the the blocks we hit a little bit in the quarter is we've been hiring more people because there is a significant amount of work to put these together to commission them and turn them over to customers. And we have a bill or a limited team. And so we've been adding to that team. I think it's tens of thousands of cables that need to be connected. The cabling takes a long time and in the commissioning, but there's a lot of work involved. So hopefully, we'll shorten that with experience and with more bodies in the future. But the right now you should be thinking about eight weeks from when we receive all components on site two, the clusters being turned over to customers.\nQ: On the large potential new contract, could you give us a sense of the steps that go into that as is it? Is it contingent on financing? Or are there some details to negotiate contracts and then you go out and get financing sense of the steps and timing and how that plays out?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So I'm not worried about financing on this one on. There's just a process that the steps you go through from a from where we are now, you know, some some diligence, a lot of things that we have to provide. And there's a lot of work to be done from a legal contracting perspective from. And then, you know, I would expect this to be kind of a 60 to 90 day process from when we started.\nQ: On the cloud services GPU side, how many GPUs did you own at the end of February and how many were generating revenue? And then what's your kind of estimate for the same, how many you'll own and will be generating revenue at the end of May?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So we own, I believe, 5,120 for the H-100 class GPUs. So there's 4,000 -- I'm having trouble doing the math in my head to round it to the exact number, but -- So rounded to 4,000. So there's 4,000 in revenue generation now and then there's 2000 that are needed being brought up to that stage and we should have more before the end of the quarter.\nQ: Roughly, how much does the transformers cost that you need to do put in to Ellendale the new one?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I have David here. 300,000 apiece.\nQ: Do you guys have a rough committed CapEx number for the rest and lender '24?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: We have seven more weeks of -- calendar '24. I'm sorry, let me let me come back to you on that, Mike, I don't have that in front of me. We didn't have it here for the call.\nQ: On the GPU piece, you mentioned, I think it's 4,000 generating revenue now, 2,000 to 4,000-plus online end of May. So kind of as we think about that exiting may run rate, fair to say about 8,000 generating revenue?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Could be close to 8,000. Somewhere between 6,000 and 8,000 is the right number to think about.\nQ: On the enterprise customers that you'd want to diversify into two of those still aren't signed. So the slowdown is just you still would need to go out and sign those or kind of I guess just where are we in that process?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So it's advanced since the last quarter. I think I'd mentioned we're in proof of concept with some and there's more move to contract negotiation, um, so that's that's definitely made an advancement. Those take just take longer. Having talked. I don't know. I think I've talked about this\nThis article first appeared onGuruFocus.", '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past three years have been HK$450 billion, HK$400 billion and HK$320 billion, falling short of the limit by HK$100 to HK$200 billion ($15 billion to $25 billion), according to data source360MarketIQ.\n"Hence there is potentially HK$100 billion to HK$200 billion in quota left for bitcoin ETF investment flows – if the approval occurs without any restrictions. HK$200 is the equivalent of $25 billion," Matrixport explained.\nAs of this writing, it\'s unclear whether the impending spot ETFs will be open for mainland Chinese investors. That said, mainland China seems interested in diversifying into alternative assets, as evidenced by the recent surge in gold prices in Shanghai.\nThe tightly controlled Chinese renminbi (or yuan) has declined nearly 2% against the U.S. dollar, extending the two-year losing streakon the backof an economic slowdown and shrinking trade surplus.\n"China’s RMB is at a 17-year low vs. the USD. Indeed, there is a demand for diversification," Matrixport said, noting the Chinese central bank\'scontinued gold purchases.\nNick Ruck, COO of ContentFi Labs, said mainland funds are interested in issuing ETFs in Hong Kong.\n"Mainland-based funds have been applying to issue spot bitcoin ETFs through their Hong Kong subsidiaries. If approved, this could allow qualified mainland investors greater access to bitcoin," Ruck, who is based on Hong Kong, told CoinDesk.\nAccording to Nikkei Asia, top Chinese fund manager Bosera Asset Management\'s Hong Kong arm, Harvest Global Investments, and Chinese brokerage GF Holdings-owned Value Partners have applied for ETFs in Hong Kong.\nIn December, a report by Hong Kong Exchanges and Clearing Limited (HKEX) said the Stock Connect program was expanded to include Hong Kong-listed ETFs in July 2022. As of mid-2023, the program included six Hong Kong-listed ETFs, and their average daily turnover grew to HK$2.9 billion by September.\nThe U.S. greenlighted nearly a dozen spot ETFs four months ago. Since then, these funds have amassed $12 billion in investor funds, pushing bitcoin to new record highs above $73,000.', '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past three years have been HK$450 billion, HK$400 billion and HK$320 billion, falling short of the limit by HK$100 to HK$200 billion ($15 billion to $25 billion), according to data source360MarketIQ.\n"Hence there is potentially HK$100 billion to HK$200 billion in quota left for bitcoin ETF investment flows – if the approval occurs without any restrictions. HK$200 is the equivalent of $25 billion," Matrixport explained.\nAs of this writing, it\'s unclear whether the impending spot ETFs will be open for mainland Chinese investors. That said, mainland China seems interested in diversifying into alternative assets, as evidenced by the recent surge in gold prices in Shanghai.\nThe tightly controlled Chinese renminbi (or yuan) has declined nearly 2% against the U.S. dollar, extending the two-year losing streakon the backof an economic slowdown and shrinking trade surplus.\n"China’s RMB is at a 17-year low vs. the USD. Indeed, there is a demand for diversification," Matrixport said, noting the Chinese central bank\'scontinued gold purchases.\nNick Ruck, COO of ContentFi Labs, said mainland funds are interested in issuing ETFs in Hong Kong.\n"Mainland-based funds have been applying to issue spot bitcoin ETFs through their Hong Kong subsidiaries. If approved, this could allow qualified mainland investors greater access to bitcoin," Ruck, who is based on Hong Kong, told CoinDesk.\nAccording to Nikkei Asia, top Chinese fund manager Bosera Asset Management\'s Hong Kong arm, Harvest Global Investments, and Chinese brokerage GF Holdings-owned Value Partners have applied for ETFs in Hong Kong.\nIn December, a report by Hong Kong Exchanges and Clearing Limited (HKEX) said the Stock Connect program was expanded to include Hong Kong-listed ETFs in July 2022. As of mid-2023, the program included six Hong Kong-listed ETFs, and their average daily turnover grew to HK$2.9 billion by September.\nThe U.S. greenlighted nearly a dozen spot ETFs four months ago. Since then, these funds have amassed $12 billion in investor funds, pushing bitcoin to new record highs above $73,000.', "SINGAPORE,April 12, 2024/PRNewswire/ --\xa0Leading cryptocurrency exchange Bitrue unveiled anew competitionavailable to all users on the platform that comes with a total prize up to$850,000USDT in a recentX announcement.\nThe contest is being held in honor of the much anticipated Bitcoin Halving - an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.\nThe competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins onThursday April 11thand will continue until the halving event occurs (estimatedApril 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.\nWith all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on theBitrue exchangenow in order to be ready for when the contest goes live onApril 11th.\nAbout\xa0Bitrue\nLaunched inJuly 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices inAsiaandEurope, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue'swebsite.\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115305.html\nSOURCE Bitrue", "SINGAPORE,April 12, 2024/PRNewswire/ --\xa0Leading cryptocurrency exchange Bitrue unveiled anew competitionavailable to all users on the platform that comes with a total prize up to$850,000USDT in a recentX announcement.\nThe contest is being held in honor of the much anticipated Bitcoin Halving - an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.\nThe competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins onThursday April 11thand will continue until the halving event occurs (estimatedApril 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.\nWith all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on theBitrue exchangenow in order to be ready for when the contest goes live onApril 11th.\nAbout\xa0Bitrue\nLaunched inJuly 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices inAsiaandEurope, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue'swebsite.\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115305.html\nSOURCE Bitrue", 'Ark Investment Management operates 14 exchange-traded funds (ETFs) focused on disruptive innovation. Other than its broad-based flagship ETF,\xa0 each invests in different areas of the technology sector with strong long-term growth potential, including electric vehicles, robotics, cryptocurrencies, and artificial intelligence (AI).\nArk Invest is run byCathie Wood, who is one of the most bullish voices on Wall Street when it comes to the potential of the technology sector. Under her leadership, Ark Invest issued a forecast that suggests AI could add a whopping $200 trillion to the global economy by 2030.\nTheArk Innovation ETF(NYSEMKT: ARKK)and theArk Autonomous Technology and Robotics ETF(NYSEMKT: ARKQ)hold a number of different stocks that reflect that forecast, and investing in either fund or both might be a great long-term decision.\nThis is Ark\'s flagship ETF, and it manages more than $8.2 billion on behalf of its investors. While it owns a number of AI stocks, it also invests in companies in the biotechnology, automation, clean energy, and financial technology industries, among others.\nThe Ark Innovation ETF currently holds 38 stocks across those segments. The fund is actively managed, so Wood and her team of experts adjust the portfolio as necessary, which is convenient for passive investors.\nThe ETF is heavily weighted toward its top five holdings, which account for 39.5% of the total value of its portfolio:\n[{"Stock": "Tesla", "Ark Innovation Portfolio Weighting": "9.75%"}, {"Stock": "Coinbase", "Ark Innovation Portfolio Weighting": "9.75%"}, {"Stock": "Roku", "Ark Innovation Portfolio Weighting": "7.52%"}, {"Stock": "UiPath", "Ark Innovation Portfolio Weighting": "6.77%"}, {"Stock": "CRISPR Therapeutics", "Ark Innovation Portfolio Weighting": "5.78%"}]\nData source: Ark Invest. Portfolio weightings are as of April 9, 2024.\nTesla falls into a few different buckets. It\'s one of the world\'s largest electric vehicle companies by sales, but Wood alsocalls it the biggest AI opportunitybecause of the full self-driving software it is developing. Plus, Tesla is developing robotics on several fronts, from its manufacturing processes to its Optimus humanoid robot.\nCoinbase is one of the world\'s largest cryptocurrency exchanges, and its stock has soared 267% over the past year on the back of a strong recovery in leading coins likeBitcoin. UiPath, on the other hand, develops robotic automation software, and it\'s another stock Wood has highlighted as a favorite in the AI space.\nThe Ark Innovation ETF holds a number of other popular AI stocks outside of its top five, includingPalantir TechnologiesandMeta Platforms.\nWhile ETFs tend to carry less risk than individual stocks, they are not risk free. The Ark Innovation ETF is still trading down by 69% from the all-time high it touched in early 2021, which was followed by a tech crash in 2022. Indeed, it\'s below where it was at the start of 2020. However, it has still delivered a compound annual return of 11.7% since its inception in 2014, which is roughly in line with the 11.8% annualized gains of theS&P 500index over the same period.\nThe Ark Innovation ETF\'s heavy concentration in high-growth tech stocks means it has the potential to outperform the broader market over the long term, but investors who buy it should be prepared for volatility along the way.\nThe Ark Autonomous Technology and Robotics ETF is much smaller than the flagship fund, with just $914 million in assets under management. It holds 36 different stocks with a focus on autonomous transportation, 3D printing, green energy, space exploration, and robotics and automation. Many of those emerging industries rely on AI in some capacity, so the fund is an effective way to invest in the technology.\nThis fund, too, is quite concentrated, which means a handful of stocks can have a disproportionate effect on its performance. Its top five holdings account for 42.9% of the value of its portfolio:\n[{"Stock": "Tesla", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "10.38%"}, {"Stock": "Kratos Defense and Security", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "9.57%"}, {"Stock": "Teradyne", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "8.21%"}, {"Stock": "UiPath", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "7.53%"}, {"Stock": "Trimble", "Ark Autonomous Technology and Robotics ETF Portfolio Weighting": "7.27%"}]\nData source: Ark Invest. Portfolio weightings are as of April 9, 2024.\nTesla stock is the top holding in the Ark Autonomous Technology and Robotics ETF, mainly because of its full self-driving software. Stocks like Kratos Defense and Security and Teradyne, on the other hand, might be somewhat unfamiliar to most investors.\nKratos makes several hardware and software products for commercial and military applications, from unmanned aerial and ground vehicles to space communications and launch systems. Teradyne develops automation equipment for industrial applications, which helps manufacturers of electronics like semiconductors and wireless solutions test their products\' quality.\nOutside of the Ark Autonomous Technology and Robotics ETF\'s top five holdings, investors will find a number of popular AI stocks likeNvidia,Alphabet, andAdvanced Micro Devices.\nThe ETF has suffered a 46% decline from its all-time high in early 2021 for similar reasons to the Ark Innovation fund, but it has delivered a compound annual return of 12% since its inception in 2014, so it has still outperformed the S&P 500 over the long term.\nAgain, it\'s important for investors to be ready to ride out periods of volatility when buying an ETF that is so concentrated in niche segments of the technology sector, recognizing that despite those oscillations, it can produce solid rewards in the long run.\nBefore you buy stock in Ark ETF Trust - Ark Innovation ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ark ETF Trust - Ark Innovation ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors.Anthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Bitcoin, CRISPR Therapeutics, Coinbase Global, Meta Platforms, Nvidia, Palantir Technologies, Roku, Tesla, and UiPath. The Motley Fool recommends Teradyne and Trimble. The Motley Fool has adisclosure policy.\n2 Magnificent Ark Invest ETFs to Buy for the Artificial Intelligence (AI) Boomwas originally published by The Motley Fool', 'Hype surrounding the upcoming Runes protocol saw Bitcoin meme coin PUPS jump some 50% in the past 24 hours as traders look to bet on Bitcoin-adjacent tokens and networks ahead of the halving.\nThe meme coin wastrading over $66as of Asian afternoon hours with a $516 million market capitalization, making it the third-largest Bitcoin-based token behind ordi (ORDI) and sats (SATS).\nPUPS led global sales and volumes among all NFT collections, Cryptoslam data shows, with over $11 million in volumes. Uncategorized Bitcoin Ordinals collections and NodeMonkes were next with $7 million and $1 million in volumes – continuing a trend of interest in Bitcoin NFTs from earlier this week.\nPUPS has rocketed over 1,000% in the past week,data shows,and was widely considered the “first” meme coin on Bitcoin – helping fuel virality and interest. Developers on Fridaydenied the claim.\nPUPS is currently offered as an Ordinals token but intends to shift to the upcoming Runes protocol after the halving. Traders on social media platform X arehyping up Runesas the sector to look forward to, following a frenzy in the Solana and Base ecosystems.\nThe upcoming Runes protocol is expected to go live after Bitcoin\'s halving. It will take the Ordinals protocol a step ahead by making transactions even more cheaper and faster – and traders say it’sa sector to watch forin the coming weeks.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nRunes takes this concept further by utilizing a UTXO (Unspent Transaction Output) protocol to generate transactions. This allows tokens to create, name, and transfer digital commodities only using the Bitcoin network.\nUTXO is a technical term for the small amount of tokens that may remain after a cryptocurrency transaction.\nOrdinals and Runes are both projects by long-time Bitcoin developerCasey Rodarmor, which has created trust and lent an idea of authenticity among users.\nRodarmor said in an X post earlier in April that the protocol is designed for “degens and meme coins,” fuelling hype among meme coin traders.\n“Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB,” he said. The ordinals library provides everything needed to encode and decode runestones, so integration should be straightforward.”\n“I\'m highly skeptical of "serious" tokens, but runes are without a doubt a "serious" token protocol,” Rodarmor added at the time.', 'Hype surrounding the upcoming Runes protocol saw Bitcoin meme coin PUPS jump some 50% in the past 24 hours as traders look to bet on Bitcoin-adjacent tokens and networks ahead of the halving.\nThe meme coin wastrading over $66as of Asian afternoon hours with a $516 million market capitalization, making it the third-largest Bitcoin-based token behind ordi (ORDI) and sats (SATS).\nPUPS led global sales and volumes among all NFT collections, Cryptoslam data shows, with over $11 million in volumes. Uncategorized Bitcoin Ordinals collections and NodeMonkes were next with $7 million and $1 million in volumes – continuing a trend of interest in Bitcoin NFTs from earlier this week.\nPUPS has rocketed over 1,000% in the past week,data shows,and was widely considered the “first” meme coin on Bitcoin – helping fuel virality and interest. Developers on Fridaydenied the claim.\nPUPS is currently offered as an Ordinals token but intends to shift to the upcoming Runes protocol after the halving. Traders on social media platform X arehyping up Runesas the sector to look forward to, following a frenzy in the Solana and Base ecosystems.\nThe upcoming Runes protocol is expected to go live after Bitcoin\'s halving. It will take the Ordinals protocol a step ahead by making transactions even more cheaper and faster – and traders say it’sa sector to watch forin the coming weeks.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nRunes takes this concept further by utilizing a UTXO (Unspent Transaction Output) protocol to generate transactions. This allows tokens to create, name, and transfer digital commodities only using the Bitcoin network.\nUTXO is a technical term for the small amount of tokens that may remain after a cryptocurrency transaction.\nOrdinals and Runes are both projects by long-time Bitcoin developerCasey Rodarmor, which has created trust and lent an idea of authenticity among users.\nRodarmor said in an X post earlier in April that the protocol is designed for “degens and meme coins,” fuelling hype among meme coin traders.\n“Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB,” he said. The ordinals library provides everything needed to encode and decode runestones, so integration should be straightforward.”\n“I\'m highly skeptical of "serious" tokens, but runes are without a doubt a "serious" token protocol,” Rodarmor added at the time.', "Ark Invest is an asset management company focused on disruptive innovation. Under CEO Cathie Wood, the company manages thematic exchange-traded funds (ETF) built around various technologies, including blockchain and cryptocurrency.\nArk has long been bullish onBitcoin(CRYPTO: BTC). In 2015, it became the first public fund manager to gain exposure to the cryptocurrency, which traded around $200 at the time. Nearly a decade has passed, and Bitcoin is now worth $70,000, but Wood and her team still see substantial upside for investors.\nThe company published aBitcoin valuation modelin 2023 that posited a price of $1.5 million by 2030. That implies more than 2,000% upside from its current price. But Ark quietly revised its target higher after the Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024. Wood made that information public at the Bitcoin Investor Day conference last month, saying:\nLast year, we put out our bull case for Bitcoin. It was $1.5 million. With this institutional green light that the SEC has provided, kicking and screaming though it did, the analysis we've done is that if institutional investors were to allocate a little more than 5% of their portfolios to Bitcoin, as we think they will over time, that alone would add $2.3 million to the projection I just gave you.\nIn short, Ark now believes Bitcoin could reach $3.8 million, presumably by 2030, though Wood didn't provide a specific time frame. The upside implied by the new target exceeds 5,300%. One way investors can capitalize on that is by purchasing a position in theiShares Bitcoin ETF(NASDAQ: IBIT), a recently approved spot Bitcoin exchange-traded fund.\nUntil recently, getting directBitcoinexposure was a cumbersome and costly process for U.S. investors. They had to create and fund an account with a cryptocurrency exchange, where they usually had to pay exorbitant commissions on each transaction. For instance,Coinbasecharges about 1.5% for simple trades. Additionally, investors who wanted complete control of their Bitcoin had to move the cryptocurrency to a specific type of blockchain wallet.\nFortunately, things got easier when the SEC approved spot Bitcoin ETFs in January. Those investment vehicles track the price of Bitcoin while eliminating the hassle of cryptocurrency exchanges, high fees, and specialized storage solutions. Ark highlighted those benefits in a recent report:\nThe launch of spot Bitcoin ETFs set the stage for Bitcoin's growth by offering investors a more direct, regulated, and liquid way to gain exposure. Bitcoin spot ETFs are traded on major stock exchanges, allowing investors to buy and sell shares through their existing brokerage accounts, and should reduce the learning curve and operational complexities associated with direct investments in Bitcoin.\nThe SEC has approved 11 spot Bitcoin ETFs, all of which do the same thing: track the price of Bitcoin. The only consequential differences lie in the expense ratios and the reputations of the issuers.\nWith that in mind, investors should consider the iShares Bitcoin ETF fromBlackRock. It bears the third-lowest expense ratio of 0.25%, and BlackRock has a sterling reputation that comes with being the world's largest asset manager.\nArk Invest believes spot Bitcoin ETFs will eventually capture more than 5% of institutional assets under management (AUM). For context, consultancy PwC believes institutional AUM will reach $145 trillion by 2025. Using that figure, Ark's prediction implies that institutional investors will eventually allocate about $8 trillion to Bitcoin. That may be a stretch.\nOn one hand, the launch of spot Bitcoin ETFs has undoubtedly been a success. The ETFs issued by BlackRock and Fidelity saw more inflows during their first month on the market than any other ETFs in history, according to Eric Balchunas at Bloomberg. Additionally, the BlackRock ETF became the fastest ever to reach $10 billion in assets, according toThe Wall Street Journal.\nOn the other hand, spot Bitcoin ETFs had collectively accumulated just $57 billion in assets as of April 4, according to The Block. Even if every penny came from institutional investors, which is certainly not true, that figure would need to increase 140-fold to reach $8 trillion. I doubt that will happen in the near future, so readers should not bank on Bitcoin reaching $3.8 million any time soon.\nThat said, the iShares Bitcoin ETF is still a worthwhile purchase for risk-tolerant investors. Bitcoin easily outperformed stocks, bonds, gold, commodities, and real estate over the last five years. Additionally, any investor who has bought and held Bitcoin for at least five years has profited, no matter when they made their purchase, according to Ark Invest. That makes for a compelling investment thesis.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 8, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nThis Cryptocurrency Exchange-Traded Fund (ETF) Could Soar 5,300%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool", "You'd struggle to find a better performing stock in recent times thanCoinbase(NASDAQ: COIN). Shares of the digital-asset brokerage and exchange have skyrocketed 626% since the start of 2023, as they benefit from renewed interest inBitcoinand the equities market.\nThe momentum for Coinbase has carried over into 2024, as it's up almost 50% just this year (as of April 8). This topcryptocurrency stockjust exploded. Is it time for you to buy shares?\nCoinbase's impressive stock price run-up has certainly been propelled by some very powerful trends that are working in its favor. Investors need to know about them.\nThe first driver has to be the bounce back of the overall cryptocurrency market. At the start of 2023, the industry's market cap hovered around $800 billion. As of this writing, it's at $2.7 trillion. After investors wrote off the industry in 2022, things have come roaring back in a dramatic fashion.\nThis year, I believe the approval ofspot Bitcoin exchange-traded funds (ETFs)is also boosting optimism around the crypto industry. And given that Coinbase is a custodial-service provider to many of these investment products, it's a vote of confidence for shareholders.\nI think another positive trend working on behalf of Coinbase is just how much the business has transitioned to a more sustainable model. In 2021, when the crypto market was last experiencing a surge, 93% of the company's net revenue came from transaction fees derived from facilitating trades on behalf of individuals and institutions. In 2023, another extremely positive year for the market, 52% of sales came from transactions.\nThe change is credited to expanded subscriptions and services. Management hopes this is just the beginning of a more predictable and stable business model.\nIt's hard to overstate just how fantastic Coinbase's gain has been. But if you've missed the massive rally, it's best not to have fear of missing out (FOMO). Instead, think about where the business and stock could be three, five, or even 10 years from now. Having this type of long-term mindset is crucial when investing in stocks.\nWith that being said, I believe Coinbase is a smart buy only for those investors who are bullish on cryptocurrencies in general. That's because this business can be viewed as a bet on the growth of the entire industry.\nCoinbase drives crypto regulation forward, engaging in discussions with lawmakers about how to design adequate rules. The company has hundreds of millions of dollars in venture-style investments in private crypto-related enterprises, giving it direct exposure to their success. It's one of the largest and oldest brokerages and exchanges in the world. And it's attempting to usher in a new era in the industry, one focused on driving greater utility of cryptocurrencies. Therefore, it's reasonable to expect Coinbase's financials and stock price to do well if digital-asset prices also rise over time.\nCoinbase shares are currently 28% off their all-time high, so bullish investors have the chance to buy at a sizable dip. I'm personally not a buyer of the stock because I don't know where the crypto industry will be a decade from now. There is simply too much uncertainty for my liking.\nBut for growth-minded investors who have the tolerance to add a little more risk to their portfolios, and who believe in the future of digital assets and blockchain technology, Coinbase might make for a good buying opportunity right now. Just make sure to maintain a very long-term mindset for things to play out. And be ready for the inevitable volatility along the way.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $533,293!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase's Stock Price Just Exploded. Time to Buy?was originally published by The Motley Fool", 'VICTORIA,Seychelles,April 12, 2024/PRNewswire/ -- Bitget, the world\'s leadingcryptocurrency exchangeand Web3 company, is excited to announce its participation in two prestigious blockchain conferences inDubai, Blockchain Life and Token2049. Additionally, Bitget will co-host exclusive afterparties, further solidifying its presence in the global crypto community.\nIn joining these prestigious events, Bitget aims to actively participate in shaping the future of the blockchain and cryptocurrency industry. Aligned with our mission to empower the future of finance by ensuring secure, efficient, and smart digital transactions for smarter trading, we recognize the significance of these platforms in driving innovation and adoption within the crypto space. By engaging with global attendees, Bitget seeks to contribute to the ongoing dialogue surrounding the adoption and evolution of blockchain technology. The company also believes that participation in such events is instrumental in driving mass adoption of crypto, as it facilitates knowledge-sharing, networking, and collaboration among industry stakeholders, paving the way for a more inclusive and efficient financial ecosystem.\nHere are some of the events details:\nBlockchain Life Dubai 2024Blockchain Life2024 is set to be one of the premier crypto events of the year, attracting over 8,000 crypto enthusiasts and thousands of international companies toDubai, the globally recognized crypto capital. Bitget\'s Chief Operating Officer,Vugar Usi Zade, will take the stage to share insights during a panel discussion titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024?"\nToken2049DubaiBitget\'s COO, Vugar will once again represent the company to showcase his expertise atToken2049Dubaiwith a keynote speech and panel discussion surrounding the theme of Crypto Entrepreneurs and Real-World Assets Tokenization. This event promises to bring together top industry leaders and innovators to explore the latest trends and developments in the world of decentralized finance.\nExclusive Side Events:At these exclusive events, attendees will have the opportunity to network and even participate in a car race with industry leaders and influencers, including executives from Bitget, TRON, P2P.org, Zircuit, Morph,Merlin Chain, Trust Wallet, Quantstamp, Foresight Ventures and many more on the guest list. The events, including "Bitcoin Track Day", "The Crypto Trio Beach Night" and "K-pop Party featuring tripleS," will take place onApr 17and 18 respectively.\n"We are thrilled to be a part of Blockchain Life and Token2049Dubai," saidVugar Usi Zade, COO of Bitget. "These conferences provide an excellent platform for us to engage with the global crypto community, share our insights, and strengthen partnerships. We look forward to connecting with industry leaders, innovators, and enthusiasts from around the world."\nAside from the aforementioned events, the Bitget team will also be present at various conferences and events, including the Global Blockchain Show, where they will share valuable insights and connect with attendees from around the world. For more information, please stay tuned at Bitget\'s social media channels.\nAbout BitgetEstablished in 2018,Bitgetis the world\'s leadingcryptocurrency exchangeand Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,Bitget Walletis a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballerLionel Messiand official eSports events organizer PGL.\nFor more information, visit:Website\|Twitter\|Telegram\|LinkedIn\|Discord\|Bitget Wallet\nView original content:https://www.prnewswire.com/apac/news-releases/bitget-to-take-center-stage-at-blockchain-life-and-token2049-dubai-302115340.html\nSOURCE Bitget', 'NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) --OTC Markets Group Inc.(OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announcedExodus Movement, Inc.(OTCQX: EXOD), a non-custodial cryptocurrency software platform, has qualified to trade on the OTCQX® Best Market. Exodus Movement, Inc. upgraded to OTCQX from the OTCQB® Venture Market.\nExodus Movement, Inc. begins trading today on OTCQX under the symbol “EXOD.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company onwww.otcmarkets.com.\nThe OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.\nKeefe, Bruyette & Woods,A Stifel Company, acted as the company’s OTCQX sponsor.\nAbout Exodus Movement, Inc.Exodus Movement, Inc. operates as a non-custodial cryptocurrency software platform company in the United States. Its multi-asset software wallet allows users to secure, manage, and exchange cryptocurrencies, such as Bitcoin, Ethereum, and others. The company was founded in 2015 and is based in Omaha, Nebraska. To learn more, visithttps://www.exodus.com/.\nAbout OTC Markets Group Inc.OTC Markets Group Inc.(OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX®Best Market, OTCQB®Venture Market and Pink®Open Market.\nOur OTC Link®Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.\nOTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.\nTo learn more about how we create better informed and more efficient markets, visitwww.otcmarkets.com.\nSubscribe to the OTC Markets RSS Feed\nMedia Contact:OTC Markets Group Inc., +1 (212) 896-4428,[email protected]\nContact Exodus Customer [email protected]\nContact Exodus Investor [email protected]\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: "will," "expect," "would," "intend," "believe," or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain bus Last 60 Days of Bitcoin's Closing Prices:* [49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-12 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,353,747,602,038 - Hash Rate: 584038203.763614 - Transaction Count: 448489.0 - Unique Addresses: 683741.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updated at 1020 EST) By Karen Brettell NEW YORK, March 1 (Reuters) - The dollar gained against the Japanese yen on Friday after Bank of Japan (BOJ) governor Kazuo Ueda said it was too soon to declare victory on inflation, but dipped against the euro after weaker than expected U.S. economic data. In cryptocurrencies, bitcoin held just below a more than two-year high reached on Wednesday. Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank's 2% inflation target and stressed the need to scrutinize more data on the wage outlook. That sent the yen lower, reversing a move from Thursday when BOJ board member Hajime Takata said that the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control. Inflation expectations and the path of BOJ policy will likely depend on negotiations between large firms and unions over wage increases. “If we’re right in expecting wage negotiations are going to lead to more signals that inflation is becoming a little bit more persistent in Japan, then we expect BOJ to exit negative interest rate policy,” said Bipan Rai, North American head of FX strategy at CIBC Capital in Toronto. However, “I feel like it is priced in already”, Rai added. “Beyond there we’re really looking at what sort of tweaking they do to the yield curve control program.” Big firms will settle negotiations on next year's pay with unions on March 13, ahead of the BOJ policy meeting on March 18-19. Economists project wage hikes of about 3.9% on average, exceeding a 3.58% pay rise deal struck in 2023 that was the highest in three decades. The dollar was last up 0.15% at 150.20 yen. The dollar index fell 0.15% to 103.96. The index reversed earlier gains after the University of Michigan's sentiment survey was weaker than forecast. 'TOO SOON' TO PREDICT RATE CUT TIMING U.S. manufacturing also slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders. The U.S. services sector growth picked up in January as new orders increased and employment rebounded, but suppliers appeared to fall behind, resulting in a measure of input prices rising to an 11-month high. The greenback has been largely rangebound as investors evaluate data for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Fed will be able to begin to cut its benchmark interest rate, Richmond Fed President Thomas Barkin said on Friday. U.S. inflation data for January on Thursday was in line with economists’ expectations. The next major U.S. economic release will be February’s employment report due next Friday. The euro gained 0.28% to $1.0833. Data on Friday showed that euro zone inflation dipped last month but underlying price growth remained stubbornly high, adding to the case for the European Central Bank to hold interest rates at record highs a bit longer before starting to ease policy towards mid-year. The euro zone's currency has traded within a range of $1.07 to $1.11 since November as investors struggle to work out when the ECB and the Fed will start cutting rates. Sterling rose 0.09% to $1.2636. Bank of England (BoE) chief economist Huw Pill said on Friday he thought the time for a first interest rate cut by the central bank since the coronavirus pandemic remained "some way off." Bitcoin was last up 0.7% at $61,840, after reaching $63,933 on Wednesday, which was the highest since Nov. 2021. (Reporting By Karen Brettell; Additional reporting by Harry Robertson in London; Editing by Alex Richardson)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Christopher Joseph Meade; Senior MD, General Counsel & Chief Legal Officer; BlackRock, Inc.\nLaurence Douglas Fink; Chairman & CEO; BlackRock, Inc.\nMartin S. Small; Senior MD, CFO & Global Head of Corporate Strategy; BlackRock, Inc.\nRobert Steven Kapito; President & Director; BlackRock, Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nMichael Patrick Davitt; Senior Analyst of US Asset Managers; Autonomous Research US LP\nWilliam Raymond Katz; Senior Analyst; TD Cowen, Research Division\nOperator\nGood morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. First Quarter 2024 Earnings Teleconference.Our host for today's call will be the Chairman and Chief Executive Officer, Laurence D. Fink; Chief Financial Officer, Martin S. Small; President, Robert S. Kapito; and General Counsel, Christopher J. Meade. (Operator Instructions). Thank you.Mr. Meade, you may begin your conference.\nChristopher Joseph Meade\nThank you. Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock.Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements.As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today.BlackRock assumes no duty and does not undertake to update any forward-looking statements.So with that, I'll turn it over to Martin.\nMartin S. Small\nThanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024.Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results.BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology spanning client channels and geographies.Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders.First quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year-over-year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter.As equity markets powered to record highs in the first quarter, investors who were waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients towards rerisking into stocks and bonds.Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions.In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March.First quarter revenue of $4.7 billion increased 11% year-over-year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income.Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Envestnet.Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year.We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.First quarter base fees and securities lending revenue of $3.8 billion was up 8% year-over-year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 0.3 basis point lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower-fee U.S. equity markets, client preferences for lower-fee U.S. exposures and lower securities lending revenue.Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives.Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings.Annual contract value or ACV increased 9% year-over-year.Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change.In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth, was previously reported within general and administration expense.We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale.Total expense increased 8% year-over-year, reflecting higher compensation, G&A and sales, asset and account expense.Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees.G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A.Sales, asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense.Direct fund expense was up 7% year-over-year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter.Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles.Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale.In line with our guidance in January and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our head count to be broadly flat in 2024 and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense.Our capital management strategy remains consistent: we invest first, either to scale strategic growth initiatives or drive operational efficiency, and then return excess cash to our shareholders through a combination of dividends and share repurchases. At times, we may make inorganic investments where we see an opportunity to accelerate organic growth and support our strategic initiatives.Last month, we announced our agreement to acquire the remaining equity interest in SpiderRock Advisors, a leading provider of customized option overlay strategies in the U.S. wealth market. This transaction expands on BlackRock's minority investment in SpiderRock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF model portfolios.At present, we expect the transaction to close in the second quarter of this year, subject to customary closing conditions.In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP. Our offering consisted of 3 tranches of senior unsecured notes across 5-, 10- and 30-year maturities. The offering was well received by fixed income investors, especially our inaugural 30-year bond. We currently have invested the proceeds of the offering at substantially the same rate as the cost of borrowing, effectively eliminating incremental cost of carrying additional debt prior to the close of the GIP transaction.We continue to target the third quarter of 2024 for the closing of the GIP transaction, which remains subject to regulatory approvals and other customary closing conditions.We repurchased $375 million worth of common shares in the first quarter. At present, based on our capital spending plans for the year and subject to market conditions, we still anticipate repurchasing at least $375 million of shares per quarter for the balance of the year, consistent with our January guidance.More positive sentiment from clients and in markets persisted into the first quarter. Clients increasingly turn to BlackRock to reposition and redeploy across their portfolios.First quarter long-term net inflows of $76 billion were positive across active and index strategies as well as each of our client and product types.ETF net inflows of $67 billion were led by core equity and fixed income ETFs with net inflows of $37 billion and $18 billion, respectively. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in precision ETFs.As you'll hear from Larry, our [Bitcoin ETC] saw surging demand after launching in January, gathering $14 billion of net inflows in the quarter. This is just the latest example of BlackRock innovating to provide better access and transparency to a wider range of investment exposures.Retail net inflows of $7 billion were led by continued growth in Aperio as well as renewed demand for active fixed income. Financial advisers are increasingly looking to customize whole portfolios at scale, driving growth across our SMA and managed model platforms. Our partnership with Envestnet is one channel powering flows to model portfolios. We saw our best gross sales month ever on the platform, and year-to-date organic asset and revenue growth has more than doubled compared to this time last year.Sales on the platform aren't just accelerating, they're diversifying. We similarly saw record gross flows in custom models and record AUM in our global allocation models, both of which have larger active components.Within SMAs, our previously mentioned acquisition of SpiderRock Advisors will further enhance our product offerings and provide even greater personalization across our wealth segments.Institutional active net inflows of $15 billion were driven by our LifePath target date franchise and outsourcing mandates. We see significant momentum across our whole portfolio capabilities. Our pipeline remains strong as more and more clients turn to BlackRock for outsourcing solutions.Institutional index net outflows of $13 billion were concentrated in low-fee index equities as several large clients rebalanced their portfolios amid significant equity market appreciation in the last 6 months.Our private markets franchise saw $1 billion of net inflows. Continued demand for our liquid offerings was offset by alpha generation for our clients, reflected in over $3 billion of fund monetization and LP distributions or change in fee basis, primarily for more seasoned private equity solutions programs.Finally, BlackRock's cash management platform saw $19 billion of net outflows in the first quarter, in line with institutional money market industry trends. Our cash business can experience seasonal rotations in the first quarter as many institutional clients withdraw these liquid assets for operational purposes, including tax and bonus payments.Cash management flows were impacted by approximately $14 billion of net redemptions during the last week of March ahead of the Good Friday holiday. Outflows were driven by clients redeeming balances to have cash on hand during a time when many businesses are open, but the financial markets are closed. This phenomenon is not uncommon or unique to BlackRock. Balance has largely returned with approximately $20 billion of money market net inflows in the first week of April.BlackRock's differentiated business model has enabled us to continue to grow with our clients, driving industry-leading organic growth and margins. Looking ahead, as markets trend to be more supportive and clients rerisk, we see significant opportunity to expand our market share and consolidate our position to clients. We've set ourselves up to be a structural grower with the diversified platform that we've built.Enthusiasm is growing, momentum's building across the platform. All of us at BlackRock are excited about our future and the growing opportunities for BlackRock, for our clients, for our employees, and of course, for our shareholders.With that, I'll turn it over to Larry.\nLaurence Douglas Fink\nThank you, Martin. Good morning, everyone and thank you for joining the call. BlackRock is partnering with clients to navigate structural and secular changes in business models, technology, monetary and fiscal policies, always staying focused on each and every client goal. Through this connectivity, we are having richer conversations with clients than ever before about their whole portfolio, and in many cases, deepening our relationships with them. This is driving accelerating momentum with a strong pipeline that has some of the best breadth of opportunities across all our client channels and regions that we've ever seen.BlackRock's integrated investment technology advisory platform and durable performance are resonating. In my conversations with clients around the world, I'm hearing about how they want to put their money to work. But they want to do it differently than they did in the past. They want their portfolios to be more holistically blending public and private markets, active in an index. They want their portfolios to be nimble, customized, text-enabled. They want to work with fewer providers or maybe just with one provider.BlackRock is the only asset manager that can partner in this way, having the most diverse, integrated investment and technology platform in the industry. Clients around the world are choosing to do more with BlackRock, and this is resonating in our results.But I'm actually more excited about the building momentum we're seeing across our entire platform. BlackRock's AUM ended the first quarter at a new record of nearly $10.5 trillion, up $1.4 trillion or 15% over the last 12 months. Also at that time, BlackRock has entrusted BlackRock with more than $236 billion of net new assets.BlackRock generated positive net flows across active and index and across all client types. And we grew our technology service revenues and ACV as clients leveraged Aladdin to support investment processes and their entire platform. We've had a number of real large marquee wins in Aladdin and are working on a number of significant new opportunities. Momentum remains strong as we grow with new and existing clients.We continue to deliver sustained asset and technology services growth at scale. BlackRock's operating income was up 17% year-over-year, and we increased our margin by 180 basis points. Earnings per share were up 24%.Activity is notably accelerating. As Martin said, we generated $76 billion of long-term net flows in the first quarter, which represents nearly 40% of last year's long-term flows in just the first 3 months of this year.And long-term net inflows across retail and ETFs and institutional active was actually $100 billion, which excludes the episodic institutional equity activity Martin mentioned.Some of these are public, some aren't. But over the last few months, we've been chosen for a breadth of mandate, both wealth and institutional clients across regions that will fund over future quarters, and we're in active conversations on a number of unique broad-based opportunities, including several large mandates for Aladdin.There is still a record amount of cash on the sidelines and money market fund balances are now approaching $9 trillion. I think this stems from fear and uncertainty, but it's hard to achieve retirement or long-dated objectives by holding cash. Clients worldwide are coming to BlackRock for advice on where and how to deploy their capital, and in many ways, how to help them reduce that fear and putting that money to work.Being a growth company requires continued innovation, lots of investments and intense client focus. BlackRock has invested ahead of these themes we believe will define the next decade of asset management. I see the greatest opportunities I've ever seen for BlackRock, for our clients and for our shareholders and I'm very optimistic about the momentum into the rest of 2024 and beyond.The uncertain backdrop does not mean a lack of opportunities. Instead, we see great opportunities for investors across a number of structural trends with near-term catalysts. These include rapid advancements in technology and AI, the rewiring of globalization, accelerated economic growth in certain emerging markets and an unprecedented need for new infrastructure. BlackRock is connecting with clients to these opportunities and providing them the confidence to continually investing in the long run.In a world where clients are looking for more certainty, the higher-coupon, longer-duration returns of infrastructure private markets are increasingly becoming more attractive. Demand for all forms of infrastructure is surging around the world from telecom networks to power generation, to transport hubs for data centers and new ways of securing energy. Over the last 12 months, BlackRock's infrastructure platform has delivered 19% organic asset growth. BlackRock's infrastructure franchise and our private markets business more broadly benefited from the firm's global footprint, our deep network of clients and distribution relationships and access to high-quality deal flow.As we spoke in January, we believe the planned combination of BlackRock's infrastructure platform with GIP will provide clients with access to market-leading investments and operating expertise across infrastructure private markets. We have a deep conviction that this planned combination will be another transformational moment for BlackRock. It will be another example in our long-term history of staying ahead of client needs, positioning ourselves against accelerated macro trends.I believe infrastructure private markets are approaching the upward trajectory of their J-curve just as ETF did when we announced our acquisition of BGI and iShares nearly 15 years ago.We always viewed ETF as a technology that facilitated investing. Since our acquisition of iShares, BlackRock has led in expanding the market of ETFs by making them more accessible; by delivering new asset classes like bonds, investment strategies like actives. As a result of that success, the ETFs evolved beyond what started as an indexing concept. It is recognized as an efficient structure for a range of all investment solutions.First quarter ETF net inflows of $67 billion reflected sustained client demand across our client categories, led by core equity and [bought] ETFs. ETF flows demonstrated accelerating activity with March accounting for more than half of the quarterly net inflows. And our flows in the month were 80% higher than the next largest issuer.We continue to innovate across our ETF platform to give our clients better access to the most diverse range of exposures in the industry. Our Bitcoin fund, which was launched in January, was the fastest growing ETF in history and already has nearly $20 billion in AUM. Our active ETF drove $9 billion of net inflows in the first quarter led by our equity factor rotation and flexible income ETFs. These products offer alpha generation with some of our leading investors at BlackRock in a more efficient, more transparent ETF wrapper.Across BlackRock, we continue to scale our product offerings to democratize access to new strategies, increase transparency and drive cost efficiency. To that end, last month, we announced the launch of our first tokenized fund as well as our minority investment in Securitize, a blockchain-based tokenization platform. This builds on our existing digital asset strategy. And we'll continue to innovate in new products and wrappers, all with the aim of providing greater access and customization to each and every of our clients.We continue to see demand for customization with our own wealth business as financial advisers and their clients they serve increasingly turn to SMAs to personalize their portfolios. We acquired Aperio 3 years ago in anticipation of this trend, and organic growth in that business has been over 20% since our acquisition.To further booster our SMA capabilities, we announced our planned acquisition of the remaining equity interest in SpiderRock, as Martin discussed.Among wealth clients, we are also seeking the renewed demand for our high-performing active fixed income strategies with particularly strength in high-yield and unconstrained bond funds.In the post-QE market, we see more opportunity ahead for active management with greater potential for selective risk-taking to generate superior returns. Quarterly active net inflows of $15 billion reflect strength in systematic equity and fundamental fixed income, including the funding of several institutional outsourcing mandates. Across our active franchise, BlackRock has delivered durable investment performance with 82%, 90% and 93% of our fundamental equity, systematic equity and taxable fixed income AUM above benchmarks or peer median for the last 5 years.Our active investment insights, our strong investment performance, our integrated Aladdin technology differentiates BlackRock and ultimately drives better outcomes for our clients.We first built Aladdin as a risk management enabler, empowering investors to better understand their portfolios through technology. Today, Aladdin is much more than that. Our clients are leveraging Aladdin as a whole enterprise operating system, connecting multiple asset classes, data, technology partners on a single platform. Aladdin's integrated offering continues to resonate with the majority of our sales this quarter spanning multiple Aladdin products.We are in the late-stage conversation with several large potential Aladdin clients, and we look forward to executing on more opportunities ahead to be bringing the benefits of Aladdin to new clients and by expanding relationships with our existing clients.From the early days of developing Aladdin to now managing nearly $10.5 trillion across our platform, our ambition has always been to help investors benefit from the growth of the capital markets and achieve financial futures that they seek. More than half of the assets we manage are related to retirement, making this an outcome central to many of our client conversations.BlackRock has been at the forefront of innovation and advocacy for retirement solutions for years. In fact, we pioneered the first target date fund called LifePath back in 1993. When we introduced the concept, it was revolutionary, eliminating some of the guesswork for retirement savings by automatically adjusting their investment mix over their time frame.Fast-forward 30 years, target date funds have become the most common default investment option in defined contribution plans in the United States where we're entrusted to manage the retirement assets of 35 million Americans.We continue to evolve LifePath to help deliver the retirement outcome participants need. That has meant introducing LifePath options in new countries and in new wrappers such as LifePath Target Date ETFs we launched last year. Our LifePath Target Date franchise now has nearly $470 billion in assets and has risen over $115 billion in assets just over the last 5 years.In addition to helping people save for retirement, we also work to expand the LifePath solution to help people spend throughout their increasingly longer retirement. Society focuses a tremendous amount on helping people live longer and healthier lives, but spend just a fraction of that time and effort on helping them afford those extra wonderful years.The shift from pension to defined contribution models have put the large ask, the large burden on individual savers. They have to first build up their retirement nest egg, which in and of itself is a formidable challenge. Then even as they have this sizable savings at retirement, there's not much guidance about how to spend or not -- and how not to overspend these savings.We've been working for years to address this de-accumulation challenge, and we believe this will help increase hope in America. In 2020, we announced the LifePath Paycheck, the next generation of target date solutions. It will include an option to purchase a lifetime income stream from insurers selected by BlackRock and is expected to go live towards the end of the month. We are partnering on implementing LifePath Paycheck right now with 14 planned sponsors, representing over $25 billion in target date AUM and now have 0.5 million participants.We will pair the flexibility of a 401(k) investment with a potential for a predictable paycheck life income stream similar to a pension. I believe it will be in one day the most used investment strategy in defined contribution plans.This pioneering structure can help address global gaps in funding retirement security, improve the quality of life and retirement for millions of Americans and bring back hope for those who were retiring.It's been 4 years since the start of the pandemic and the subsequent geopolitical upheavals. Leaders of countries, leaders of companies need to create hope for the future for all of their stakeholders. That's certainly what we're doing at BlackRock.I've spoken before about the fear we see today, some is stoked by increasingly political polarization in the world. Our industry and BlackRock have been a subject of political dialogue, mostly in the United States. We recognize some of this with being the industry leader. We have done a better job now of telling our story so that people can make decisions based on facts, not on lies and not on misinformation or politicization by others.Unfortunately, there are still others out there who put short-term politics, who continuously lie about these issues. They are putting those issues above the long-term fiduciary responsibilities.As a fiduciary, politics should never outweigh performance. I do believe that with the vast majority of our clients, our long-term fiduciary approach and performance are resonating. We heard it in our dialogue with them and we see it in our flows, and I know all of you as shareholders see it in our flows.Over the last past 5 years, clients have entrusted BlackRock with an aggregate of $1.9 trillion of total net inflows, $1 trillion over the last 3 years and nearly $300 billion last year. It has been in the United States where client led inflows in every one of these periods. It is true also in the first quarter of this year. This is -- and all is in the environment where the industry has experienced flat or negative flows, BlackRock saw inflows.Our sustained growth, our accelerating momentum are made possible by the trust of our clients and shareholders and the dedication of all the BlackRock people. Across our firm, we're delivering BlackRock to meet all our clients' individual needs. We're helping each and every client unlock their new opportunities. And the power of BlackRock's integrated platform has enabled us to drive better outcomes for each and every client and providing them a differentiated growth for them, which then entails providing differentiating growth for you, our shareholders.I believe at this time, our momentum has never been stronger. The opportunity we have in front of us has never been stronger. And I look forward at BlackRock to be delivering on a significant broad base of opportunities across the world, across our platform, across all of our products and delivering the responsible fiduciary responsibilities that we provide to each and every client.Operator, let's open it up for questions.\nOperator\n(Operator Instructions) We'll go first to Craig Siegenthaler with Bank of America.\nCraig William Siegenthaler\nSo my question is on your commentary around building momentum and line of sight into significant fundings. So if we exclude fee rate issues like divergent beta, when do you BlackRock can get back to 5% base fee organic growth?And with the law of large numbers a factor, what is your confidence that this objective is still achievable at your current $10 trillion AUM size?\nLaurence Douglas Fink\nMartin?\nMartin S. Small\nThanks, Craig. It's Martin. Listen, I'd start by like Q1 net flows were solid at $76 billion. And on a more granular look, we just see durable growth in that flows mix. We had about $100 billion across ETFs, retail, institutional active, institutional fixed income. Of course, we saw some of these $19 billion redemptions from cash with the Good Friday quarter-end dynamic and the $26 billion rebalanced away in institutional index equities.You know those institutional index equities happen from time to time. They're not meaningful revenue impacts or fee rate detractors, but they weigh on kind of the long-term flow totals.When we look at this core momentum on flows, excluding the episodic index redemptions, Q1 flows were $100 billion. It's a healthy trajectory. It's an affirmation for us that we're focused on the right things to grow with clients.And on base fees, the management team here, we really feel like we've turned a corner. Over the last 2 quarters, we see really solid trends in organic fee growth. They're really some of the best since the end of 2021. We saw excellent momentum to finish the fourth quarter, which we talked about on the last call. We closed out November and December higher than target. And this quarter, March new base fees annualized at target after we had a slower start.So over the last 6 months, we see organic base fee growth ticking up and trending more halfway or halfway plus to our long-term targets. It's not a straight line, but we're moving to target.And I say this because we see key positive trends in these sort of critical base fee growers for us. Retail posted $7 billion of flows in that 40 to 50 basis point bucket. Money is going back to work, redemption rates are moderating. We see really excellent momentum in active overall with $15 billion of flows and good velocity in institutional and retail active fixed income, in particular, at $9 billion.And I think what Larry is getting at, we've been selected for a breadth of mandates across investment management and technology that we see supporting 5% organic growth and will fund over future quarters. Our planned acquisition of GIP will help us build and bump from there. So we look forward to closing that transaction, executing on these mandates and keeping you guys posted on our progress.\nLaurence Douglas Fink\nI would just add, the breadth of conversations we're having with clients worldwide. Rob Kapito right now is in Asia, the type of conversations we had there. The opportunities we see in Europe, in the U.K., Middle East. These are just very large opportunities, large mandates, big opportunities.And if you then overlay the opportunities and you overlay what infrastructure can do related to the build-out of power with all the AI promise and the need for data centers and the need for power is going to be extraordinary. And all of this is going to lead to much bigger opportunities. And then more importantly, more and more clients are going to be seeking those organizations who deliver the proprietary differentiated products.\nOperator\nWe'll go next to Michael Cyprys with Morgan Stanley.\nMichael J. Cyprys\nJust wanted to ask about balancing investment spend with margin expansion. In the past, we've heard BlackRock talk about being margin-aware. So just curious how the thinking on that has evolved. What does that mean in today's environment?And how might you quantify the opportunity for margin expansion over time? How do you see some of the levers to achieve that?\nMartin S. Small\nThanks, Mike. Our approach to shareholder value creation is obviously to generate differentiated organic growth, it's to drive operating leverage in a premium margin and it's to execute on a consistent capital management strategy. We have a strong track record of investing in our business for growth and scale and expanding profitability. And I want to emphasize, it's not just about growth. It's about profitable growth over the long term. And that growth comes from making continued investments in our business.And I've talked a lot about on the last several calls and obviously some of the other meetings we've had, we're looking to size our operating investments in line with the prudent lens on organic growth potential. We're aiming to put more flexibility in our cost base and variabilize expenses where we can. And most importantly, we're looking to generate fixed cost scale, especially through investments in technology. We're consistently delivering industry-leading margins, which is a goal. And we've expanded our margin in 6 out of the last 10 years.And I think those scale indicators are coming through in our results. We're delivering profitable growth. We generated 180 bps of margin expansion year-on-year while revenue op income and EPS all rose double digits. And we delivered 60 basis points of sequential improvement. Over the last 18 months, AUM's up $2.5 trillion while head count is actually flat or slightly lower.So I feel like we're delivering benefits of scale and productivity, which is showing in margin expansion. As I mentioned, we're planning for full year low to mid-single digit core G&A growth, flat head count, both excluding the GIP transaction.So you've heard on our last few calls and I hope today and some of Larry's color, we're looking to drive more fixed cost scale. That comes from technology. It comes from automation. It can come from AI. It comes from organizational design, global footprinting using some of our innovation hubs around the world. We see those as our major levers to drive margin expansion. And in the end, we're just looking to optimize organic growth in the most efficient way possible, deliver growth for clients and shareholders and ultimately expand our margin over time.\nLaurence Douglas Fink\nMichael, I would just add, as we continue to be investing in AI, our most recent experience of having $2.5 trillion more assets with the same head count is a real good indication of how we are trying to drive more efficiencies, more productivity. I think this is critical. We're going to bring down inflation in America. This is how it's going to have to be done, driven through technology and -- which will increase more productivity.And overall and actually through that process, we continue to drive more productivity. What it also means is rising wages. So people do more and the whole organization is doing more with less people as a percent of the overall organization. That is really our ambition.\nOperator\nYour next question comes from Ken Worthington with JPMorgan.\nKenneth Brooks Worthington\nFixed income flows have picked up for U.S. -- the U.S. mutual fund industry so far this year, but the same data services that track the industry don't show a proportionate pickup for BlackRock. Your fixed income ETF sales were solid at $18 billion, but below levels seen last year.Can you talk about the competitive landscape for fixed income retail and fixed income ETFs, both inside and outside the U.S.? And to what extent do you think investor appetite may have changed in 2024?\nRobert Steven Kapito\nSo Rob here. The conversations that we're having across all of the distribution systems are about a new allocation into fixed income. It's been very much clouded by all the noise around inflation and the Fed. So the yield curve remains inverted and investors are currently getting paid to wait. And a more balanced term structure of interest rates is going to be the indicator to watch, and that's where we'll start to see demand for intermediate and longer-term fixed income.So the first quarter for us flows of $42 billion, which I think is considerable, we saw the strength in the bond ETFs from immunization activity in institutional and about 25% of the flows were into active strategies. So we're seeing renewed demand for active fixed income and that's led to flows into the high yield, the unconstrained and the total return strategies and the fact that our longer-term performance has about 93% of our taxable active fixed income AUM above the benchmark or peer median in the last 5 years are really set up to capture this.But I do think the noise that's out there focused on inflation and the fact that you can still earn 5%, which is very attractive right now is causing the delay in more allocations to fixed income.The other part of why I'm more encouraged is we are finding a growing interest in high-performing active fixed income strategies alongside private market strategies. So I think that we stand to bode very well once you see some changes in the yield curve.\nLaurence Douglas Fink\nLet me just add, operator, to Ken's question. Ken, I do believe as an industry, the large pension funds that have an overallocation of private equity and the rotation of money in the private equity area has slowed down precipitously. We are also seeing evidence that more and more clients are keeping a higher balance of cash to meet their liability discharges. And so without the momentum and the velocity of money in private equity, they actually have to keep higher cash balances, too. So I think that is something to be watched, too.If there was an unlock in the movement of private equity, I do believe you would see a factor allocation for the industry in fixed income and other income-producing products.\nOperator\nWe'll go next to Alex Blostein with Goldman Sachs.\nAlexander Blostein\nMy question is related to private markets and GIP. Larry, you referred to it again this morning as a transformational deal for BlackRock, maybe similar to some of the other large ones you've done. Does this give you enough in terms of what you're trying to accomplish in the private markets broadly? Or do you expect to pursue more acquisitions that are related in this area?And I guess somewhat related to that, growth in private markets, retail products has been quite significant and still early days. Maybe just remind us on how BlackRock is pursuing that opportunity.\nMartin S. Small\nIt's Martin. I'll offer a few thoughts and then Larry will jump in. Let's say, look, all of our clients continue to increase their allocations to private markets. That's what drove our acquisition of eFront. It's what drove our planned acquisition of GIP. And it's also a great focus of the organic investments we've made to build in illiquid alternatives business of size.There are sort of illiquid alternatives business. We've reached $167 billion of assets, roughly $140 billion fee paying. We had a good quarter there. Infrastructure and private credit deployment added $1 billion of inflows offset by a return of capital that I talked about. We're getting close on our final closes for our BlackRock Infrastructure IV fund for decarbonization partners, which has been a great first time funded vintage. We've got $30 billion of committed, but uninvested capital. So there's good dry powder in the system.As Larry mentioned, we're originating really strong unique transactions there. So we think our capabilities are expanding in a way that's going to plan. Just yesterday, we announced an infrastructure debt deal with Santander where we're going to be financing about $600 million of infrastructure loans in a structured transaction.And we just see good fundraising momentum, which we think we can kick into next year with GIP. Since 2021, we've had $140 billion of gross capital across the platform, continue to see good momentum with clients.And to the topic you mentioned, we've been building out our semi-liquid products for retail with credit strategies. Our credit strategy is interval funds and our nontraded credit BDC BDEBT have a combined $1 billion-plus of AUM. We received a really important placement for BDEBT at a national wirehouse. So we think that will be a strong seller in for organic growth.And then finally, that planned acquisition with GIP is going to really extend our capabilities. We think the business can be a much stronger platform for capital formation of scale and build on this philosophy we have in illiquid alternatives.We also think there's a great opportunity to bring GIP's capabilities to private wealth globally, retail retirement platforms in the U.K. and Europe with the LTIP and LTAF structures. And obviously, we'll keep you updated on our progress.\nLaurence Douglas Fink\nI would just add that the feedback we're having from clients, including a dinner I had with a major energy company last night, the opportunity we have for driving more unique proprietary origination is going to be driving accelerated growth for us in the private markets, especially in infrastructure. I do believe the combinations of our 2 organization is going to open up so many more avenues. Avenues with companies, but also avenues with countries.And that being said, look, we're always in the market and looking for different opportunities and we're not slowing down looking at different opportunities. We're not here to suggest we're doing anything that is forthcoming because the #1 through 5 thing to do is to close GIP. But the doors are knocking at BlackRock to see if there's other opportunities we want to pursue. And if it makes sense one day, we will continue to be open minded to pursue more private market opportunities.\nOperator\nWe'll go next to Dan Fannon with Jefferies.\nDaniel Thomas Fannon\nMartin, for your comments on improving trends throughout the quarter for flows, can you put in a context what that means for maybe exit fee rate?And also on this pipeline of activity that's building, can you talk about the mix of fees and products more specifically and how that might inform your base fee outlook going forward?\nMartin S. Small\nYes. So thanks, Dan. As I mentioned, we see good base fee momentum. At the end of Q4, we were running at hotter than target. At the end of this quarter, we're at target. And as I mentioned, when we look at the trends over months, not days, we feel like we're half or halfway plus to our target growth. So we've got good base fee momentum.First quarter base fees, excluding securities lending, were $3.6 billion, which is up 9% year-on-year, which is largely due to the impact of market movements on AUM and organic growth. And the Q2 entry fee rate ex fee lending is pretty much flat compared to the Q1 fee rate on a day count equivalent basis.But overall, I think as we see good flows into active with the $15 billion we've had, as I mentioned, retail flows of $7 billion coming in, we see good fee rate trends, which we think are about -- mostly about mix.We focus really on driving organic base fee growth in the most efficient way possible, focusing on the clients, focusing on the investments they want to make. We don't focus on a specific fee rate or product. We focus on the clients and the fee rate is more of an output. But the trends in terms of where we're raising assets on the fee rates we think are good. But as I mentioned, Q2 fee rate -- Q2 entry fee rate ex fee lending is flat compared to the Q1 fee rate on the same day count.\nOperator\nWe'll go next to Bill Katz with TD Cowen.\nWilliam Raymond Katz\nAppreciate the update. Maybe a different vein, your performance fees continue to run pretty high. And just sort of wondering, are we reaching a new level of normalized performance fees? And how might that translate into sort of the comp ratio as we look ahead, particularly as you continue to migrate to a bigger pool of private markets post-GIP?\nMartin S. Small\nThanks, Bill, for the question. We appreciate it. So on the performance fees of $204 million in the quarter, obviously, they're up about 4x year-on-year. If you could put yourself in a time machine and think back to that first quarter in '23, it was a really difficult market. We had SVB. We had some vol in the rate markets, et cetera. So I think it was a tough time.This quarter, we've really seen good performance coming through on our teams, which has been very, very strong and I think reflected in those performance fees.Rough [justice], about half of that performance fee is coming from kind of our private equity funds and private equity programs where we had some very successful realizations that Larry talked about last year, which was creating some of the distributions associated with that. And the other half is more in liquid hedge funds, in our strategic equity hedge funds and some of our systematic strategies as well.Ultimately, our goal is to deliver long-term performance with clients. And where we see performance fee revenues picking up, obviously, there's healthy alignment there. And more supportive markets and stronger markets and strong performance, we'd expect a lot of that leverage to drop to a lower comp-to-revenue ratio. But ultimately, talent is one of our key investments and we'd expect it to be on a go-forward basis.\nOperator\nWe'll go next to Brian Bedell with Deutsche Bank.\nBrian Bertram Bedell\nMaybe just to focus on the multi-asset category and a couple of areas within that. I think, Martin, you were talking about obviously the build of the organic growth pipeline, and also in conjunction with, Larry, with your comments about the conversation pipeline. Can you talk about 2 areas, in particular, as that developed throughout the year, that would be OCIO deals and then also as we start up LifePath Paycheck, how you anticipate that contributing to organic growth, I guess, as the year unfolds. Obviously very early, but even over the next couple of years.\nMartin S. Small\nSure. Thanks so much for the question. Appreciate it. I guess maybe I can start with a little color on the multi-asset flows and then Larry can comment on LifePath Paycheck.So multi-asset strategy saw inflows in the quarter of about $5 billion after we had a really strong 2023 with $83 billion. Those strong inflows were driven by the continued demand for our LifePath Target Date offerings. And obviously, we see significant growth ahead in that core business, but also in the upcoming launch of LifePath Paycheck.Our LifePath Target Date franchise has about $470 billion in assets, generated $9 billion of flows in the first Last 60 Days of Bitcoin's Closing Prices: [49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-13 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,328,293,889,688 - Hash Rate: 704281363.3620051 - Transaction Count: 507173.0 - Unique Addresses: 683432.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows. • Wednesday's decline was attributed to profit-taking from last week's rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend. • Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell's dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins. The inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows . BTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana's SOL, Cardano's ADA and BNB Chain's BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher. Tokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump. On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week's rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing. Sentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell's FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures. Singapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative. "Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast. Dogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1. Some tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF). Coinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate. "Dogecoin's enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it said.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["February ended with stocks hitting new highs and not many signs of trouble.\nYes, oil and gasoline prices were higher. Yes, there were some hints of rising inflation.\nBut those issues seemed to be blips. The Federal Reserve was going to cut interest rates sometime this year as inflation neared 2% a year.\nRelated: Fed members' updated interest rate outlooks rock markets\nWall Street all but guaranteed multiple ate cuts. Without, dare we say it, paying enough attention to the warning signs.\nStocks slumped in an ugly way on Friday. The Standard & Poor's 500 Index, whose components represent roughly 75% of the market value of U.S. stocks, dropped nearly 1.6% for the week, its second weekly loss in a row.\nThe Dow Jones industrials fell 2.4% in its second straight weekly loss.\nThe Nasdaq 100 Index, heavily weighted to favor the biggest tech stocks, fell 0.52% and fell for a third straight week.\nAnd the Russell 2000 Index, which has large concentrations of regional banks and companies struggling to be profitable, fell 3.2%.\nIn theory, markets might continue to slide, perhaps for a month or so, until rates do move lower (or the Fed acts) and stock prices of strong companies hit levels that make them irresistible.\nThese were increasing warning signs that markets would be pressured, at the very least, before the end of the week.\nOil prices.West Texas Intermediate, the benchmark U.S., was rising more quickly than many expected. Brent crude, the global benchmark, finished at $90.45, up 33% since the end of 2023. Many economists suggest Brent will breach $100 a barrel in the not-too-distant future.\nInterest rates.The 10-year Treasury yield closed at 4.532% on Friday, up 16.8% from its 2023 close of 3.881%. Mortgage rates are at about 7.3%, about where they were in late November, according toMortgage News Daily.\nTech stocks stopped soaring.Nvidia(NVDA)may be up 78% for the year and 121% since the October market bottom. But the shares are down 9.5% since peaking on March 8. The Nasdaq 100 Index last set a 52-week high on March 21.\nTax selling.Some investors may have been selling to settle up with the Internal Revenue Service.\nIt may be fair to say that investors' enthusiasm had gotten way ahead of itself.\nThat was especially true of Wall Street banks and money managers. Many had begun 2024 believing the Fed would cut rates perhaps as much as seven times this year because the economy would slump without rate cuts.\nThat meant stocks and proxies like cryptocurrencies would surge without end. Bitcoin was at about $68,800 on Saturday afternoon, up 50% on the year. But it has fallen more than 13% from peaks reached in mid-March.\nMore on the economy and inflation\n• Watch out for 8% mortgage rates\n• Ex-Treasury official unveils startling interest rate outlook\n• Weekly Roundup: Market Sobers Up on Inflation\nSo far, the Fed has left its base rate, the federal funds rate, at 5.25% to 5.5% since July 2023. Multiple Fed officials wanted more progress in the fight against inflation.\nDomestic inflation had hit 9% in summer 2022 and came down as interest rates moved from near 0% in late 2021 to current levels.\nThe federal funds rate is the rate banks are supposed to charge each other for loans to meet regulatory requirements. All U.S. interest rates start from that point.\nSpencer Platt/Getty Images\nSo, it's possible markets will be volatile next week regardless of what the earnings reports say. JP Morgan Chase's results on April 12 were actually quite strong.\nIt was the banking giant's cloudy outlook that pushed the Dow component down 6.5%, setting off the big market slump.\nIt was also fear rate cuts might not happen, plus worries about violence in the Middle East,that pushed the major averages sharply lower on April 10.\nIt is possible more declines are ahead, but they may be short-lived because 2024 is not 2008.\nDownturns of 10% have occurred at least 10 times since 2012,according to Charles Schwab data.\nThe S&P 500 fell 15% in December 2018 because of former President Donald Trump's threats to start a trade war with China.\xa0The market had recovered by the end of February.\nWhen the turn comes this time, it will surprise everyone except the smart people who were looking for it.\nYou can see the bottom forming in October 2023 in Nvidia's price action.\nThe shares had been flirting with $500 through the summer, then started to sag.\nOn\xa0Oct. 26, the shares dropped to as low as $398.80, then bounced back to $403.21.\nConfirmation of the bottom came on Oct. 31, when Nvidia hit $392.30, then recovered back to $407.74.\nFrom there it surged to $974 on March 8 and fell back to $875.28. It's been going sideways ever since.\nSo, stocks and markets are pulling back but maybe not dangerously.\nA new stress for markets erupted, however, over the weekend when Iran launched a barrage of drones and missiles at Israel in apparent retaliation after an Israeli attack on what Iran said was a consular building within its embassy compound in Damascus.\nBut evidence on Sunday suggested the missiles caused little damage. Futures trading Sunday suggested stocks would open higher at Monday's open. Oil prices were flat-to-lower.\nRelated: This is how crazy Buffalo got during the eclipse\nEarly reports said the missiles, seen over Israel and Jordan were being intercepted. How the attacks affect markets will depend on how much damage and loss of life results.\nIn the meantime, the week ahead will feature some important economic reports, including:\n• Housing starts and building permits on Tuesday morning. Both will likely show housing activity is sliding back because of high mortgage rates.\n• Jobless claims, due Thursday morning, a weekly survey of how many people are filing for unemployment compensation.\n• Existing-home sales from the National Association of Realtors, due Thursday. The estimate is that sales in March ran at an annualized rate of 4.2 million homes and condos, down from 4.38 million units in February.\nThe first-quarter earnings season began Friday in earnest when some of the biggest banks reported results. The results were mostly good. The commentary, especially from banking giant JP Morgan Chase(JPM), was less optimistic and helped set off Friday's slump.\nThe earnings reports will continue over the next months. This week includes reports from:\nMonday:Investment banking giant Goldman Sachs(GS), Charles Schwab(SCHW), and M&T Bank(MTB). The trio are expected to report results smaller than in the 2023 first quarter.\nTuesday:Health-insurance giant UnitedHealth Group(UNH), Johnson & Johnson(JNJ), Bank of America(BAC), Mastercard(MA)and United Airlines(UAL). Investors may see better year-over-year results for UnitedHealth and flat or slightly lower results for the others.\nWednesday:Chip-equipment maker ASML Holding(ASML); Abbott Labs(ABT); warehousing developer Prologis(PLD)and railroad giant(CSX). Earnings are expected to be flat.\nThursday:Taiwan Semiconductor(TSM), Netflix(NFLX), money manager Blackstone(BX,)and homebuilder D.R. Horton(DHI). Netflix and D.R. Horton are seen showing the best results. D.R. Horton is one of the biggest homebuilders, with the financial might to make home sales happen even in the current rate environment.\nFriday:Consumer products giant Procter & Gamble(PG)and credit-card company American Express(AXP).\nRelated: Veteran fund manager picks favorite stocks for 2024", "It's safe to say that the cryptocurrency market is back in the good graces of investors. After crypto asset prices tanked in 2022, they have been on a monster upswing in the past 15 months. There might be no better beneficiary of this positive momentum thanSolana(CRYPTO: SOL).\nThiscryptocurrencyhas skyrocketed 800% just in the past 12 months. A $1,000 investment would be worth $9,000 today. Good luck finding a better-performing asset.\nBefore you rush to buy Solana, make sure you take the time to understand these three facts about it.\nLikeEthereum, Solana operates aproof-of-stakeconsensus mechanism. This means that token owners are the ones who help approve transactions and validate the blockchain. Solana also has functionality forsmart contracts.\nBut this innovative cryptocurrency has a unique feature known as proof-of-history. This system changes how time is recorded on the blockchain, reducing the need to carry extra data and resulting in faster throughput. It helps explain why Solana can theoretically process 50,000 transactions per second (TPS). That's astronomically higher than Ethereum's 14 TPS orBitcoin's 5 TPS.\nSolana's differentiated infrastructure, with its particular focus on speed and low costs, has helped introduce a valuable use case. Launched in Feb. 2022, Solana Pay could be this network's killer app. It allows consumers and merchants to connect directly via the blockchain, handling transactions in the native token, SOL, or astablecoin. There's instant settlement and virtually no fees.\nFor retailers, payment processing is a huge expense item that can eat away at their already-slim margins. Solana Pay can help these merchants keep more of their revenue as profit.\nNot only that but because a blockchain is used, new features can be introduced. Merchants can attach anon-fungible token(NFT) with each purchase that acts as a receipt. This NFT could also offer up future discounts or access to special events held by that merchant. The ability to engage with customers is what's exciting here.\nSolana is also dabbling in the mobile space. It launched a web3-enabled smartphone, called the Saga, in the summer of 2022. The hope is that this product can onboard more users to crypto by making it seamless to interact with various decentralized applications. A cheaper second version of the smartphone has also been introduced.\nI think it's encouraging to see a popular cryptocurrency like this try to bring greater utility, with the intention of transitioning Solana away from a tool that's used mainly for financial speculation to one people can turn to in their day-to-day lives. Time will tell if these initiatives actually catch on.\nInvestors who are considering owning cryptocurrencies need to be fully aware of the boom-and-bust nature of this industry. Narratives seem to drive price movements, especially in the short term. The result is that things will remain volatile for the foreseeable future.\nAt its current market cap of $77 billion, Solana carries a valuation in the neighborhood of businesses likeFerrari,MercadoLibre, andPayPal. I'm not sure if this is justified, but it probably bakes in a lot of optimism about Solana's future. If there's one sure thing, though, it's that there's still a ton of uncertainty over the long term.\nYou now have more information about this booming cryptocurrency. But before buying, you should ask yourself if you believe in Solana's prospects over the next decade and beyond. If you do, then it might make sense to start a tiny position in this digital asset right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, MercadoLibre, PayPal, and Solana. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\n3 Must-Know Facts About Solana, Before You Buy the Cryptocurrencywas originally published by The Motley Fool", 'Over the past 15 months,Bitcoin(CRYPTO: BTC)has absolutely been on fire. It is up over 320% and is currently trading near its all-time high of $73,750. Right now, Bitcoin has a market cap of more than $1 trillion. So, what if I told you that Bitcoin was just getting started and that it could gain another $1 trillion in market cap by the end of 2025?\nYes, you would have plenty of reasons to roll your eyes or laugh politely. But there is an upcoming event -- the much-anticipated Bitcoin halving -- that many Wall Street analysts think could help Bitcoin double in value and gain another $1 trillion in market cap within the next 12 months. Are they right?\nThe first thing you need to know is that the Bitcoin halving will come and go on or about April 19, and you probably won\'t even know it happened. You won\'t see millions of people gathering in specific locales to cheer on the event, as we recently saw with the total solar eclipse. And you won\'t seeSatoshi Nakamoto-- the pseudonymous creator of Bitcoin -- making the rounds on late-night TV. At best, you\'ll see mentions of #Bitcoin blowing up in your social media feeds.\nThat\'s because everything happens algorithmically and not in the real world. Approximately every four years, the Bitcoin algorithm readjusts such that the mining rewards forBitcoin minersare slashed by one-half. Currently, they receive 6.25 BTC for every block they add to the Bitcoin blockchain; on or about April 19, they will receive 3.125 BTC.\nAnother way of thinking about this, however, is that the rate of new Bitcoin creation is being cut in half. And this has enormous economic consequences. It enhances the scarcity of Bitcoin, making it much more attractive as a long-term investment. According to the algorithm, the total lifetime supply of Bitcoin is capped at 21 million coins. The current circulating supply is already 19.7 million coins, so 94% of all Bitcoin that will ever exist has already been created!\nThis is why many analysts suggest that there could be a very real "supply squeeze" or "supply shock" as everyone races to get their hands on available Bitcoin. There are already reports that the supply of Bitcoin on cryptocurrency exchanges is starting to dry up, and so this "supply squeeze" could get very intense in the immediate aftermath of the halving. When you factor in all the new demand coming from the spot Bitcoin ETFs, it\'s easy to see how the price of Bitcoin could soar higher.\nIf you look at previous Bitcoin halving cycles, it\'s easy to conclude that the scarcity effect is very real. There have been three previous Bitcoin halving cycles -- in 2012, 2016, and 2020 -- and each one has led to monster price gains for Bitcoin, as well as a brand-new all-time high.\nTake the 2012 halving, for example. The price of Bitcoin skyrocketed from $12 to $1,161 for a gain of 9,575%. After the 2016 halving, the price of Bitcoin soared from $600 to $20,000, for a gain of 3,233%. And, after the 2020 halving, the price of Bitcoin soared from $9,000 to $69,000, resulting in a gain of 667%.\nSo we\'re not just talking about a nice 10% bump here. We\'re talking about major parabolic moves that are simply unprecedented in the history of financial assets. No surprise, then, that hedge fund managers and crypto analysts are steadily ratcheting up their price estimates for Bitcoin in the 2024 post-halving cycle. The current consensus seems to be $150,000 by the end of 2025, which would imply a more than doubling in the price of Bitcoin, as well as more than $1 trillion in new market cap.\nSo far, so good, right? The basic economic logic of the halving makes sense, and we have plenty of previous price data to back up conclusions. But not so fast. Keep in mind that it took Bitcoin almost an entire decade to gain $1 trillion in market cap. And now we\'re saying that Bitcoin is going to duplicate an entire decade\'s worth of work in just 12 months?\nMoreover, take a closer look at the gains after every halving cycle. They are decreasing over time. So the gains from this fourth halving cycle might not be nearly as impressive. If you only look at post-halving gains using a six-month time frame, asCoinbase Globalrecently did, the numbers are even less impressive. In the 2020 halving cycle, Bitcoin was only up 82% after the first six months.\nAnd finally, keep in mind that as Bitcoin goes mainstream, it also becomes more likely that it will start to behave more and more like a mainstream financial asset. It may start to lose some of its volatility and, thus, lose some of its completely unprecedented upside potential. So, keep your expectations in check this time around. It may take longer than people think for Bitcoin to become a $2 trillion asset.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCould Bitcoin Really Gain Another $1 Trillion in Value After the Halving?was originally published by The Motley Fool', 'Over the past 15 months,Bitcoin(CRYPTO: BTC)has absolutely been on fire. It is up over 320% and is currently trading near its all-time high of $73,750. Right now, Bitcoin has a market cap of more than $1 trillion. So, what if I told you that Bitcoin was just getting started and that it could gain another $1 trillion in market cap by the end of 2025?\nYes, you would have plenty of reasons to roll your eyes or laugh politely. But there is an upcoming event -- the much-anticipated Bitcoin halving -- that many Wall Street analysts think could help Bitcoin double in value and gain another $1 trillion in market cap within the next 12 months. Are they right?\nThe first thing you need to know is that the Bitcoin halving will come and go on or about April 19, and you probably won\'t even know it happened. You won\'t see millions of people gathering in specific locales to cheer on the event, as we recently saw with the total solar eclipse. And you won\'t seeSatoshi Nakamoto-- the pseudonymous creator of Bitcoin -- making the rounds on late-night TV. At best, you\'ll see mentions of #Bitcoin blowing up in your social media feeds.\nThat\'s because everything happens algorithmically and not in the real world. Approximately every four years, the Bitcoin algorithm readjusts such that the mining rewards forBitcoin minersare slashed by one-half. Currently, they receive 6.25 BTC for every block they add to the Bitcoin blockchain; on or about April 19, they will receive 3.125 BTC.\nAnother way of thinking about this, however, is that the rate of new Bitcoin creation is being cut in half. And this has enormous economic consequences. It enhances the scarcity of Bitcoin, making it much more attractive as a long-term investment. According to the algorithm, the total lifetime supply of Bitcoin is capped at 21 million coins. The current circulating supply is already 19.7 million coins, so 94% of all Bitcoin that will ever exist has already been created!\nThis is why many analysts suggest that there could be a very real "supply squeeze" or "supply shock" as everyone races to get their hands on available Bitcoin. There are already reports that the supply of Bitcoin on cryptocurrency exchanges is starting to dry up, and so this "supply squeeze" could get very intense in the immediate aftermath of the halving. When you factor in all the new demand coming from the spot Bitcoin ETFs, it\'s easy to see how the price of Bitcoin could soar higher.\nIf you look at previous Bitcoin halving cycles, it\'s easy to conclude that the scarcity effect is very real. There have been three previous Bitcoin halving cycles -- in 2012, 2016, and 2020 -- and each one has led to monster price gains for Bitcoin, as well as a brand-new all-time high.\nTake the 2012 halving, for example. The price of Bitcoin skyrocketed from $12 to $1,161 for a gain of 9,575%. After the 2016 halving, the price of Bitcoin soared from $600 to $20,000, for a gain of 3,233%. And, after the 2020 halving, the price of Bitcoin soared from $9,000 to $69,000, resulting in a gain of 667%.\nSo we\'re not just talking about a nice 10% bump here. We\'re talking about major parabolic moves that are simply unprecedented in the history of financial assets. No surprise, then, that hedge fund managers and crypto analysts are steadily ratcheting up their price estimates for Bitcoin in the 2024 post-halving cycle. The current consensus seems to be $150,000 by the end of 2025, which would imply a more than doubling in the price of Bitcoin, as well as more than $1 trillion in new market cap.\nSo far, so good, right? The basic economic logic of the halving makes sense, and we have plenty of previous price data to back up conclusions. But not so fast. Keep in mind that it took Bitcoin almost an entire decade to gain $1 trillion in market cap. And now we\'re saying that Bitcoin is going to duplicate an entire decade\'s worth of work in just 12 months?\nMoreover, take a closer look at the gains after every halving cycle. They are decreasing over time. So the gains from this fourth halving cycle might not be nearly as impressive. If you only look at post-halving gains using a six-month time frame, asCoinbase Globalrecently did, the numbers are even less impressive. In the 2020 halving cycle, Bitcoin was only up 82% after the first six months.\nAnd finally, keep in mind that as Bitcoin goes mainstream, it also becomes more likely that it will start to behave more and more like a mainstream financial asset. It may start to lose some of its volatility and, thus, lose some of its completely unprecedented upside potential. So, keep your expectations in check this time around. It may take longer than people think for Bitcoin to become a $2 trillion asset.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCould Bitcoin Really Gain Another $1 Trillion in Value After the Halving?was originally published by The Motley Fool', "After starting out as a joke in 2013,Dogecoin(CRYPTO: DOGE)has become one of the most recognizable cryptocurrencies. Dogecoin is the ultimate token for thrill-seeking investors. Dogecoin is famously volatile -- capable of massive price swings in a short amount of time.\nToday, Dogecoin's price is around $0.20, well off its former high of $0.68. Perhaps it's wiser to walk before you run. Can Dogecoin surpass $0.25? It would be a nice move, representing over 30% upside from here.\nWell, I've got good news and bad news. Here is what you need to know.\nOne might say thatDogecoinis a cryptocurrency of the people. Over 96% of crypto wallets holding Dogecoin have $1,000 or less worth. That hints at Dogecoin's reputation as a fun cryptocurrency that investors generally buy, hoping for a price spike to make quick money.\nIt's the flagship meme coin; even its creators initially didn't take Dogecoin seriously. However, like most cryptocurrencies, strong demand will increase the price. It's not a coincidence that Dogecoin peaked during the meme stock bull market in 2021, when speculative investing was rampant:\nSo, can Dogecoin go on a run? You bet. At $0.20, it has its highest price since that meme-stock craze initially wound down as theFederal Open Market Committee (FOMC)raised interest rates, pouring water on speculative market behavior. Now that the FOMC has stopped raising rates (for now), investor appetite for growth and speculative investments has somewhat returned. There's no telling how high that could take Dogecoin in the process.\nThe unpredictable nature of short-term Dogecoin prices can make you money, but investors may want to think twice about buying and holding. Unfortunately, Dogecoin wasn't designed well for long-term price appreciation. For starters, there is no supply cap like there is withBitcoin. There can be an infinite amount of Dogecoin, which naturally will work against the per-coin price.\nDogecoin's market cap hit $84 billion when prices peaked at $0.68 per coin in 2021. Today, Dogecoin has a $27 billion market cap at $0.20. If Dogecoin traded at $0.68 today, its market cap wouldn't be $84 billion; it would be over $91 billion. In other words, the increased supply means that Dogecoin's total market cap may increase,even if Dogecoin's price doesn't.\nOf course, investors only care about the price of Dogecoin, so keep that in mind when planning your investment strategy. Dogecoin's ever-increasing supply is like gravity. It will likely lower Dogecoin's per-coin price over time.\nDogecoin can be somewhat counterintuitive. Investors should treat it like a short-term bet, a momentum trade that they hope they'll profit quickly from and then sell. This goes against the long-term mindset that makes many investors successful. However, there are no fundamentals underneath Dogecoin. There is no underlying business growing profits on which shareholders can base a price. Dogecoin is worth what someone else is willing to pay for it.\nThat's it.\nUnfortunately, people don't like to pay as much for something when there is more of it. Dogecoin's supply will only grow over time, so don't treat it like you would most investments. Embrace a short-term attitude for Dogecoin, and consider cashing out profits when the price gets hot.\nBefore you buy stock in Dogecoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nJustin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Dogecoin While It's Below $0.25?was originally published by The Motley Fool", 'Motorists are braced for a rise in fuel costs as the escalating crisis in the Middle East threatens to send oil prices close to $100 a barrel.\nThe RAC warned that petrol prices could hit £1.50 a litre for the first time in five months ifIran’s attack on Israeldrives up the price of crude. Oil prices are alreadytrading at six month highsbut analysts said they are expected to rise on Monday after Iran sent a swarm of missiles and drones to Israel on Saturday night.\nBob McNally, a former energy adviser to the Bush administration who runs Rapidan Energy Group, warned of an “escalatory dynamic” with the market “complacent” about risks from Iran, and that the attack had been bigger than traders had expected.\n“These two factors should lead to a strong open for crude oil prices this week,” he said.\nMr McNally said oil prices should rise by at least three to five dollars a barrel in the coming days and weeks.\nBrent crude rose towards $92 a barrel on Friday, its highest level since October.\nRAC fuel spokesman Simon Williams said: “If the price of oil was to reach $95 a barrel, we could see petrol at the pump go back up to £1.50 a litre, which would be bad news for hard-pressed drivers.”\nA rise in the dollar caused by investors diverting their funds away from riskier assets would also push up petrol prices, since oil is priced in dollars.\nMr McNally said oil prices were most likely to be determined by how Israel responds to Iran’s strike. “If Israel does not respond before the open in Asia, the initial price response could be a bit more muted,” he said. “But the market has some more risk pricing to do.”\nGiovanni Staunovo, a commodities analyst at UBS, said: “Oil prices might spike at the opening, as this is the first time Iran struck Israel from its territory. How long any bounce lasts will also depend on the Israeli response.”\nThe RAC said fuel prices could also come under pressure from retailers raising their own margins. Profit margins on petrol have fallen from 10.5p to 8p per litre this year under pressure from competition authorities but Mr Williams said this could rise again due to factors such as increasing staff costs.\n“If the average retailer margin on unleaded was to go back up to 10p a litre, the £1.50 mark could be exceeded even at $90 a barrel.”\nA litre of unleaded petrol costs on average 149.25p a litre, up from 140p at the start of the year, according to the RAC. It last cost over 150p a litre in November.\nRising petrol prices would threaten efforts to bring down inflation, a potential blow to Joe Biden’s re-election hopes in the US, where fuel costs are a key political issue. Capital Economics said in a note that tensions in the Middle East would “add to the reasons for the [Federal Reserve] to adopt a more cautious approach to rate cuts, but they won’t prevent it from cutting altogether”.\nIn nervous weekend trading, markets that were open on Sunday in the Middle East, including Saudi Arabia and Israel’s fell slightly. Bitcoin slumped on Saturday night after Israel said Iran had sent drones, before recovering some of its losses on Sunday after the attack was repelled.\nIran has gradually increased oil production in recent years, but its output could come under pressure if Western countries were to step up restrictions in response to Saturday night’s attack. Petrol prices typically take up to two weeks to feed in to higher prices at the forecourt, according to the RAC, reflecting the time it takes for wholesale crude to make its way to pumps.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', 'Motorists are braced for a rise in fuel costs as the escalating crisis in the Middle East threatens to send oil prices close to $100 a barrel.\nThe RAC warned that petrol prices could hit £1.50 a litre for the first time in five months ifIran’s attack on Israeldrives up the price of crude. Oil prices are alreadytrading at six month highsbut analysts said they are expected to rise on Monday after Iran sent a swarm of missiles and drones to Israel on Saturday night.\nBob McNally, a former energy adviser to the Bush administration who runs Rapidan Energy Group, warned of an “escalatory dynamic” with the market “complacent” about risks from Iran, and that the attack had been bigger than traders had expected.\n“These two factors should lead to a strong open for crude oil prices this week,” he said.\nMr McNally said oil prices should rise by at least three to five dollars a barrel in the coming days and weeks.\nBrent crude rose towards $92 a barrel on Friday, its highest level since October.\nRAC fuel spokesman Simon Williams said: “If the price of oil was to reach $95 a barrel, we could see petrol at the pump go back up to £1.50 a litre, which would be bad news for hard-pressed drivers.”\nA rise in the dollar caused by investors diverting their funds away from riskier assets would also push up petrol prices, since oil is priced in dollars.\nMr McNally said oil prices were most likely to be determined by how Israel responds to Iran’s strike. “If Israel does not respond before the open in Asia, the initial price response could be a bit more muted,” he said. “But the market has some more risk pricing to do.”\nGiovanni Staunovo, a commodities analyst at UBS, said: “Oil prices might spike at the opening, as this is the first time Iran struck Israel from its territory. How long any bounce lasts will also depend on the Israeli response.”\nThe RAC said fuel prices could also come under pressure from retailers raising their own margins. Profit margins on petrol have fallen from 10.5p to 8p per litre this year under pressure from competition authorities but Mr Williams said this could rise again due to factors such as increasing staff costs.\n“If the average retailer margin on unleaded was to go back up to 10p a litre, the £1.50 mark could be exceeded even at $90 a barrel.”\nA litre of unleaded petrol costs on average 149.25p a litre, up from 140p at the start of the year, according to the RAC. It last cost over 150p a litre in November.\nRising petrol prices would threaten efforts to bring down inflation, a potential blow to Joe Biden’s re-election hopes in the US, where fuel costs are a key political issue. Capital Economics said in a note that tensions in the Middle East would “add to the reasons for the [Federal Reserve] to adopt a more cautious approach to rate cuts, but they won’t prevent it from cutting altogether”.\nIn nervous weekend trading, markets that were open on Sunday in the Middle East, including Saudi Arabia and Israel’s fell slightly. Bitcoin slumped on Saturday night after Israel said Iran had sent drones, before recovering some of its losses on Sunday after the attack was repelled.\nIran has gradually increased oil production in recent years, but its output could come under pressure if Western countries were to step up restrictions in response to Saturday night’s attack. Petrol prices typically take up to two weeks to feed in to higher prices at the forecourt, according to the RAC, reflecting the time it takes for wholesale crude to make its way to pumps.']... Last 60 Days of Bitcoin's Closing Prices: [51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-14 Financial & Commodity Data: - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,268,610,158,344 - Hash Rate: 674220573.4624075 - Transaction Count: 473328.0 - Unique Addresses: 665693.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we discuss 12 best financial and fintech ETFs to buy. If you want to skip our discussion on the finance industry, head over to5 Best Financial and Fintech ETFs To Buy. In the past year, the collapse of Silicon Valley Bank caused major repercussions in the banking sector, particularly affecting regional banks. Even major US financial institutions faced challenges throughout 2023. In 2024, a global economic slowdown and macroeconomic weakness fuelled by high interest rates are expected tostir up problems for the banking industry. Although governments worldwide are implementing measures to control inflation, many factors still pose a risk to economic prosperity, including supply chain disruptions, changing trade relationships, geopolitical tensions, and extreme weather events.IMF'slatestforecasts indicate global economic growth of only 3% in 2024, with developed economies showing modest growth rates and emerging economies experiencing notable growth. Accordingto a Deloitte report, banks globally will face challenges that impact their revenue generation and cost management in 2024. High interest rates have increased net interest income, especially in the United States and Canada, while also driving up funding costs and reducing margins consequently. The global banking industry is now faced with an uphill battle to control deposit costs while customer expectations and market competition skyrocket. Loan growth is forecasted to be modest, given the high borrowing costs and overall macroeconomic dynamics, with banks likely to maintain restrictive credit lending policies. While consumer spending is strong, demand for credit card and auto loans is predicted to remain robust, while demand for corporate loans may temporarily weaken before likely recovering later this year. Additionally, climate change considerations are largely impacting credit availability and loan demand. The blend of higher deposit costs, lower policy rates, and limited loan potential may affect banks' ability to maintain strong net interest margins in 2024. Looking ahead, the global banking landscape is expected to experience further transformation, with Chinese and American banks dominating global rankings and rising influence from Indian banks and Middle Eastern sovereign wealth funds anticipated over the coming decade. In 2024,Fidelitybelievesthere may be a reason for cautious optimism despite the unsettling closures in 2023, which were driven by specific circumstances not necessarily applicable to all banks and financial institutions. Macroeconomic factors such as growth, inflation, and Federal Reserve policy will likely remain pivotal for the financial sector and the broader market. Recent events at Silicon Valley Bank underscored the importance of deposit quality in the current environment. With interest rates rising, depositors now have higher-yielding options for their excess cash, making deposits more susceptible to potential flight. Hence, focusing on high-quality deposits has become imperative. Institutions like Wells Fargo, Bank of America, and M&T Bank illustrate the advantages of such stability. In 2024, many financial services dealmakers are feeling more optimistic compared to last year, as recent improvements in financial markets and positive signals about interest rates from central banks are slowly restoring investor confidence. Present market conditions, paired with ongoing initiatives like digitalization, sustainability, and addressing workforce challenges, are pushing financial services players to quicken their transformation efforts to remain competitive and profitable. M&A remains a significant part of this transformation journey, especially as organic growth faces challenges in the current macroeconomic environment. Dealmakers are likely to prefer smaller transactions over mega-deals to facilitate transformational steps. Deal processes may also become more complex and protracted.AccordingtoPwC, some sectors within the financial services industry are especially attractive for M&A activity in 2024. These include asset and wealth management, insurance, private equity, payments, and fintech. Asset and wealth managers are expected to boost M&A to achieve scale and acquire new capabilities, while insurance companies may divest complex legacy portfolios to reduce costs and enhance capital efficiency. Private equity investors are largely focusing on financial services-related sectors, such as insurance brokerage and fintech, for M&A opportunities. Regulatory pressure and stakeholder expectations on environmental, social, and governance (ESG) criteria are also increasing, influencing business decisions and investment strategies. Some of the best financial stocks to buy include Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B). However, we discuss the best financial ETFs in this article. Our Methodology We curated our list of the best financial and fintech ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 22, 2024, ranking the list in ascending order of the share performance. We have also discussed the top holdings of the ETFs to offer better insight to potential investors. A city skyline with multiple regional banks in the foreground. 5-Year Share Price Performance as of March 22: 20.02% Amplify Mobile Payments ETF (NYSE:IPAY) aims to mirror the performance of the Nasdaq CTA Global Digital Payments Index, before accounting for fees and expenses. It offers exposure to global companies engaged in different aspects of payment-related products and services such as card networks, infrastructure, software, processors, and solutions. Amplify Mobile Payments ETF (NYSE:IPAY) was launched in July 2015. As of March 22, 2024, the fund’s net assets total $361.4 million, along with a portfolio of 36 stocks and an expense ratio of 0.75%. Amplify Mobile Payments ETF (NYSE:IPAY) is one of the best financial ETFs to buy. PayPal Holdings, Inc. (NASDAQ:PYPL) is the largest holding of Amplify Mobile Payments ETF (NYSE:IPAY). On February 7, PayPal Holdings, Inc. (NASDAQ:PYPL) reported a Q4 non-GAAP EPS of $1.48 and a revenue of $8 billion, outperforming Wall Street estimates by $0.12 and $130 million, respectively. According to Insider Monkey’s fourth quarter database, 87 hedge funds were long PayPal Holdings, Inc. (NASDAQ:PYPL), up from 78 funds in the prior quarter. Like Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the best financial stocks to watch. Wedgewood Partners stated the following regarding PayPal Holdings, Inc. (NASDAQ:PYPL) in its fourth quarter 2023 investorletter: “PayPal Holdings, Inc. (NASDAQ:PYPL) also contributed less to portfolio performance than most holdings during the fourth quarter. The total payment volume handled by PayPal during its most recent quarter grew +15%, which helped drive healthy revenue growth and +20% earnings per share growth. Critically, the Company’s new management team has significant opportunity to drive more revenue and earnings growth across the massive, multi-trillion-dollar payments addressable market. PayPal’s rapidly growing payment processing brand, Braintree, represents one of those revenue growth opportunities, either by raising prices, as the Company had previously used a low-price strategy to establish a beachhead in this market, or by adding value-added services. PayPal’s branded checkout remains the largest volume and profit driver for the business, and we expect this to continue to track in-line with e-commerce growth in the near term, and eventually take share as the Company rolls out new features to its over +400 million users and +30 million merchants. We added to our position with the stock trading at just 10X forward earnings estimates during the quarter because there are many more long-term growth opportunities relative to most financial companies that trade for similar multiples and compared to technology companies that trade for much higher multiples.” 5-Year Share Price Performance as of March 22: 26.56% Capital Link Global Fintech Leaders ETF (NYSE:KOIN) aims to mirror the performance of the AF Global Fintech Leaders Index, excluding fees and expenses. This index is designed to represent a diversified selection of companies engaged in fintech innovations. It focuses on two main segments – companies utilizing technology to improve operations, customer experience, data security, and digital assets; and companies aiding financial services firms in adopting and integrating new technologies and applications. Capital Link Global Fintech Leaders ETF (NYSE:KOIN) was introduced on January 30, 2018. As of March 21, 2024, the fund holds a portfolio of 35 stocks, along with a net expense ratio of 0.75% and net assets of $13.25 million. Oracle Corporation (NYSE:ORCL) is one of the top holdings of Capital Link Global Fintech Leaders ETF (NYSE:KOIN). On March14, Argus upgraded Oracle Corporation (NYSE:ORCL)’s earnings estimates for fiscal years 2024 and 2025 following its fiscal third-quarter results. Oracle reported strong performance, particularly in cloud services and support revenue, and highlighted significant cloud contract signings driven by artificial intelligence demand. Analysts maintain a bullish outlook on the company. According to Insider Monkey’s fourth quarter database, Oracle Corporation (NYSE:ORCL) was part of 100 stock portfolios, compared to 88 in the prior quarter. Jean-Marie Eveillard’sFirst Eagle Investment Managementis the largest stakeholder of the company, with 18.5 million shares worth $1.95 billion. Madison Sustainable Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its fourth quarter 2023 investorletter: “Oracle Corporation (NYSE:ORCL) reported a disappointing second quarter due to supply constraints. Cloud revenue was below expectations as Oracle made planning decisions to accommodate some large-scale Oracle Cloud Infrastructure (OCI) clients that take longer to bring online. We continue to believe that Oracle has a unique position in Generative AI workloads and continue to like its position and strategy.” 5-Year Share Price Performance as of March 22: 39.29% ARK Fintech Innovation ETF (NYSE:ARKF) is an actively managed ETF that primarily invests in domestic and foreign equity securities of companies engaged in financial technology innovation, with at least 80% of its assets allocated to such investments. Companies are considered part of the Fintech theme if they derive significant revenue from or are primarily focused on transaction innovations, blockchain technology, risk transformation, frictionless funding platforms, customer-facing platforms, and new intermediaries. As of February 29, 2024, ARK Fintech Innovation ETF (NYSE:ARKF)’s net assets amounted to $1,131 million, and its expense ratio came in at 0.75%. It is one of the best financial ETFs to buy. Coinbase Global, Inc. (NASDAQ:COIN) is the largest holding of ARK Fintech Innovation ETF (NYSE:ARKF). On March 12, Raymond James upgraded Coinbase Global, Inc. (NASDAQ:COIN) from Underperform to Market Perform due to the ongoing rally in Bitcoin fueled by robust inflows into exchange-traded products. Although Raymond James maintains a negative long-term bias on the cryptocurrency exchange, it no longer deems Underperform as suitable for the near term. According to Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on Coinbase Global, Inc. (NASDAQ:COIN), compared to 27 funds in the prior quarter. Patient Capital Management stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its fourth quarter 2023 investorletter: “Coinbase Global, Inc. (NASDAQ:COIN) climbed an incredible 131.7% in the quarter outpacing the 57% gain in bitcoin over the same period as investors became excited about the potential approval of a Bitcoin ETF in the new year. Coinbase continues to stand out as the lead survivor in an industry of fading and failing leaders. Cost savings initiatives taken earlier in the year have resulted in three quarters of positive EBITDA leading to expectations for “meaningful positive adjusted EBITDA” for the full year 2023. We continue to believe COIN has the potential to be the platform for crypto with $5B in liquidity providing the ability to invest and weather any crypto winters.” 5-Year Share Price Performance as of March 22: 53.11% First Trust Financials AlphaDEX Fund (NYSE:FXO) aims to match the performance, before fees and expenses, of the StrataQuant Financials Index. The fund was launched on May 8, 2007. The ETF features an expense ratio of 0.62%, along with net assets of $847.6 million and a portfolio comprising 102 stocks. First Trust Financials AlphaDEX Fund (NYSE:FXO) is one of the best financial ETFs to buy, ranking 9th on our list. The Progressive Corporation (NYSE:PGR) is the largest holding of First Trust Financials AlphaDEX Fund (NYSE:FXO). The Progressive Corporation (NYSE:PGR) is an insurance holding company based in the United States, which operates in three segments – Personal Lines, Commercial Lines, and Property. On March 4, the company declared a quarterly dividend of $0.10 per share, in line with previous. The dividend is payable on April 12, to shareholders on record as of April 4. According to Insider Monkey’s fourth quarter database, 79 hedge funds were bullish on The Progressive Corporation (NYSE:PGR), up from 63 funds in the last quarter. Andreas Halvorsen’sViking Globalis the largest stakeholder of the company, with 5.8 million shares worth $934 million. ClearBridge Sustainability Leaders Strategy made the following comment about The Progressive Corporation (NYSE:PGR) in its Q3 2023 investorletter: “Other positioning moves involved the sale of The Progressive Corporation (NYSE:PGR) and the addition of Travelers. Progressive has had a challenging time pricing in line with elevated loss trends, although we believe it will be able to improve its combined ratio over time.” 5-Year Share Price Performance as of March 22: 55.33% Fidelity MSCI Financials Index ETF (NYSE:FNCL) aims to match the performance of the MSCI USA IMI Financials 25/50 Index before fees and expenses. This index covers different segments of the US financial market, including large, mid, and small-cap companies. Fidelity MSCI Financials Index ETF (NYSE:FNCL) utilizes a representative sampling indexing strategy to manage the fund. The ETF was established on October 21, 2013. As of December 31, 2023, the fund owns net assets worth $1,504.6 million, along with a portfolio of 411 stocks and an expense ratio of 0.084%. Fidelity MSCI Financials Index ETF (NYSE:FNCL) is one of the best financial ETFs to buy. JPMorgan Chase & Co. (NYSE:JPM) is the largest holding of Fidelity MSCI Financials Index ETF (NYSE:FNCL). On March 19, JPMorgan Chase & Co. (NYSE:JPM) declared a $1.15 per share quarterly dividend, a 9.5% increase from its prior dividend of $1.05. The dividend is payable on April 30, to shareholders on record as of April 5. According to Insider Monkey’s fourth quarter database, 103 hedge funds were bullish on JPMorgan Chase & Co. (NYSE:JPM), compared to 109 funds in the prior quarter. Carillon Eagle Growth & Income Fund stated the following regarding JPMorgan Chase & Co. (NYSE:JPM) in its fourth quarter 2023 investorletter: “PNC Financial and JPMorgan Chase & Co. (NYSE:JPM) performed well due to more benign inflation data, which the market likely interpreted as a sign that a recession is now less likely to occur. Recall that historically speaking, banks are hyper-cyclical stocks and typically will trade lower if investors foresee a recession, because recessions tend to trigger loan losses.” 5-Year Share Price Performance as of March 22: 55.38% Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF) tracks the S&P 500 Equal Weight Financials Index, which evenly distributes the weight of stocks within the financial sector of the S&P 500 Index. As of March 22, 2024, the fund’s portfolio consists of 72 stocks, along with an expense ratio of 0.40%. Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF) ranks 7th on our list of the best financial ETFs. The Charles Schwab Corporation (NYSE:SCHW) is one of the top holdings of Invesco S&P 500 Equal Weight Financials ETF (NYSE:RSPF). On March 22, TD Cowen upgraded The Charles Schwab Corporation (NYSE:SCHW) from Market Perform to Outperform. The upgrade is based on the belief that the peak in cash-sorting has been reached, anticipation of higher net interest margin until 2025, and the expectation that investors will start valuing the stock based on earnings in 2026 or 2027. According to Insider Monkey’s fourth quarter database, 81 hedge funds were bullish on The Charles Schwab Corporation (NYSE:SCHW), up from 77 funds in the last quarter.Harris Associatesis the leading stakeholder of the company, with 19 million shares worth $1.3 billion. Sequoia Fund stated the following regarding The Charles Schwab Corporation (NYSE:SCHW) in its fourth quarter 2023 investorletter: “By way of example, consider the following holdings: Rolls Royce, The Charles Schwab Corporation (NYSE:SCHW), Elevance Health, Credit Acceptance, Capital One Financial, Liberty Broadband, and Ashtead. Each of these companies trades for a low double-digit, or lower, multiple of our estimate of normalized earnings per share, yet each of them is capable of compounding earnings per share at a double-digit rate. At year-end 2023, these holdings accounted for almost a third of the Fund’s capital. Additions in 2023 included Liberty Broadband, Charles Schwab, Elevance, and Capital One Financial. 5-Year Share Price Performance as of March 22: 55.70% Vanguard Financials Index Fund ETF Shares (NYSE:VFH) is a passively managed fund that aims to replicate the performance of Spliced U.S. Investable Market Financials 25/50 Index, which is a benchmark index representing the financial sector's investment return. The fund’s portfolio comprises 394 stocks, and it features an expense ratio of 0.10%. As of February 29, 2024, Vanguard Financials Index Fund ETF Shares (NYSE:VFH)’s total assets amounted to $9.9 billion. It ranks 6th on our list of the best financial ETFs. Mastercard Incorporated (NYSE:MA) is one of the top holdings of Vanguard Financials Index Fund ETF Shares (NYSE:VFH). On February 6, Mastercard Incorporated (NYSE:MA) declared a quarterly dividend of $0.66 per share, in line with previous. The dividend is payable on May 9, to shareholders on record as of April 9. According to Insider Monkey’s fourth quarter database, 141 hedge funds were bullish on Mastercard Incorporated (NYSE:MA), compared to 140 funds in the prior quarter. Charles Akre’sAkre Capital Managementis the largest stakeholder of the company, with 5 million shares worth $2.15 million. In addition to Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), Mastercard Incorporated (NYSE:MA) is one of the top financial stocks to buy. Ensemble Capital Management stated the following regarding Mastercard Incorporated (NYSE:MA) in its fourth quarter 2023 investorletter: “Mastercard Incorporated (NYSE:MA) (7.21% weight in the Fund): Payment companies are data companies. As we discussed last quarter in our write up of Mastercard, merchants can generate significant value from analyzing payment data to better understand their customers. Mastercard has long built AI-based products to enhance payment security and provide merchants with rich data analytics. In December, they rolled out Muse, a new online shopping companion that merchants who utilize certain Mastercard services can install on their own websites. Click to continue reading and see5 Best Financial and Fintech ETFs To Buy. Suggested articles: • 11 Stocks That Will Profit From AI Evolution • 14 Best Climate Change Stocks To Buy According to Hedge Funds • 12 Best Biotech Penny Stocks to Invest In Disclosure: None.12 Best Financial and Fintech ETFs To Buyis originally published on Insider Monkey.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['SINGAPORE, April 15 (Reuters) - The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months. The dollar made a 34-year high on the yen and five-month top on the euro on Friday and traded near those levels early in the Asia day, buying 153.24 yen and a euro for $1.0646. There was little initial reaction to a weekend attack on Israel by Iran. The Australian and New Zealand dollars rose very slightly to lift away from lows, with the Aussie up 0.2% to $0.6475 after briefly touching a two-month trough of $0.6455. The kiwi, which hit a five-month low on Friday, nudged 0.2% higher to $0.5946. Bitcoin, which like the Aussie and kiwi can be a barometer of market sentiment, fell last week and in weekend trade but steadied on Monday to $65,721. Iran had warned of a strike on Israel and over the weekend launched drones and missiles in retaliation for what it said was an Israeli attack on its Damascus consulate. It caused modest damage and Iran said it now "deemed the matter concluded." Two senior Israeli ministers signalled on Sunday that retaliation was not imminent and that Israel would not act alone, leaving the region on edge over the risk of a broader war, while financial markets were in wait-and-see mode. "It is too early to judge," said Jason Wong, senior market strategist at BNZ in Wellington. "It was really a symbolic attack over the weekend ... never really designed to inflict much damage - it\'s now over to what Israel\'s response will be." Sterling was 0.1% firmer to $1.2460, not far from Friday\'s five-month low at $1.2426. U.S. two-year yields rose 15 basis points last week and markets have dialled down U.S. interest rate cut expectations to price in just a 50 basis-point reduction this year, with the first cut not fully priced until September. That is a long way from January pricing for more than 150 bps in cuts by December. U.S. retail sales data is due later on Monday. Canadian and New Zealand inflation figures are due on Tuesday, along with Chinese growth numbers. British inflation data is out on Wednesday and Aussie jobs data on Thursday. ======================================================== Currency bid prices at 0005 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0645 $1.0642 +0.04% +0.00% +1.0652 +1.0630 Dollar/Yen 153.2950 153.2450 +0.06% +0.00% +153.3150 +153.1900 Euro/Yen 163.19 163.08 +0.07% +0.00% +163.2400 +162.9400 Dollar/Swiss 0.9138 0.9144 -0.06% +0.00% +0.9141 +0.9115 Sterling/Dollar 1.2456 1.2449 +0.06% +0.00% +1.2463 +1.2451 Dollar/Canadian 1.3759 1.3774 -0.11% +0.00% +1.3779 +1.3757 Aussie/Dollar 0.6474 0.6463 +0.18% +0.00% +0.6479 +0.6455 NZ Dollar/Dollar 0.5942 0.5935 +0.16% +0.00% +0.5950 +0.5937 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Christopher Cushing)', '(Updates prices at 0115 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMarkets in Asia began the week on a cautious footing. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran had, late on Saturday, launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThat marked Iran\'s first direct attack on Israeli territory.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nJapan\'s Nikkei slid more than 1%, while Australia\'s S&P/ASX 200 index lost 0.6%.\nHong Kong\'s Hang Seng Index slumped 0.8%.\nThe escalating tensions also sparked a flight to safety that sent gold rising 0.51% to $2,356.39 an ounce and the safe-haven dollar broadly higher, extending its 1.6% rise from last week.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.5% lower at $90.01 per barrel, while U.S. West Texas Intermediate crude futures fell roughly 0.6% to $85.13 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures, meanwhile, ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose 0.15%.\n"Geopolitical headlines are going to be very much there," said Chris Weston, head of research at Pepperstone.\n"The market is really trying to understand what\'s going on. Their visibility to price risk in this market has become a bit more troublesome, and I think when you don\'t have that visibility, you do get higher volatility. That\'s kind of where we are."\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5277%, while the two-year yield held near the 5% level and was last at 4.8966%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 50 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.69 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin was last more than 2% lower at $65,536, after falling below $62,000 on Sunday.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', "Oil and stock futures traded largely flat Sunday evening as financial markets offered muted reactions to Iran launching hundreds of missiles and drones at Israel on Saturday.\nThe major U.S. stock indices ticked up 0.2%-0.3%, while oil prices eased 0.2%-0.4%. West Texas Intermediate crude hovered below $86 per barrel, and Brent crude was around $90. Analysts had earlier predicted that Brentcould spike above $100 per barrelafter already surging 20% in the year to date before the attack.\nPrices for gold—traditionally seen as a safe-haven asset—were flat at $2,375 per ounce, and remain below the record highs touched on Friday.\nU.S. Treasury bonds, another safety trade, sold off slightly, lifting the 10-year yield 5.5 basis points to 4.554%. The dollar fell against the euro and British pound but rose versus the yen.\nCryptocurrencies continued rebounding from losses on Saturday. Bitcoin rose 1.6% to $65,205, and ether added 2.5% to $3,150.\nThe muted initial reaction may be due to optimism that the Middle East conflict won't escalate. While it marked Iran’s first-ever, full-scale military assault on Israel,99% of the projectiles were shot down, and no fatalities were reported.\nMeanwhile, the White House signaled it’s seeking to prevent hostilities from spreading. President Joe Biden reportedly told Prime Minister Benjamin Netanyahuthe U.S. would not participate in any offensive action against Iran,after pledging “ironclad” support for Israel’s defense.\nFor its part, Tehran has indicated no more attacks are forthcoming. But Israel's response remains to be seen, as is any further retaliation that it may spark from Iran.\nCapital Economics saidin a note early Sundaythat increased tension in the Middle East likelygives the Federal Reserve even more cause to go slow on rate cuts, as oil prices could disrupt the central bank’s battle against inflation.\n“The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets,” wrote Neil Shearing, Capital Economics’ group chief economist\nBut he added that potential counterweights include disinflationary pressure from China's recent expansion in production capacity, which has lowered export prices, and demands from some OPEC+ members to pump more crude, which would lower oil prices.\nIn the immediate aftermath of the Iranian attack,cryptocurrency prices fell sharplySaturday evening but later recouped some losses. Earlier indications of market jitters came on Friday, when reports said an Iranian attack was imminent,boosting U.S. benchmark oil pricesas much as 3% to top $87 a barrel.\nU.S. Treasury bonds also rallied sharply, sending the 10-year yield down as much as 10 basis points as investors looked for safety. The U.S dollar advanced Friday as the geopolitical tensions caused investors to turn away from riskier emerging-market currencies.\nPrices for gold surged to a fresh record high above $2,400 an ounce before later reversing those gains. And stocks sold off on Friday, led by risk-on tech shares, as investors also digested bank earnings and fresh inflation data that further dampened hopes for imminent Fed rate cuts.\nThis story was originally featured onFortune.com", '• PAXG spiked as high as $2,923 on Saturday, trading at premium of over 20% to gold\'s per ounce price of $2,342.90 on Friday.\n• Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge.\nPrices for PAX Gold {{PAXG}}, a gold-backed digital asset created by Paxos, surged over the weekend as escalating geopolitical tensions in the Middle East catalyzed demand for haven assets.\nPAXG rose as high as $2,923 on Saturday, trading at a premium of over 20% to the yellow metal\'s per-ounce price of $2,342.90 at Friday\'s New York close, CoinDesk data show. As of writing, PAXG still drew a notable premium, trading at $2,471.\nMeanwhile, bitcoin and other major cryptocurrencies traded under pressure as Iran fired explosives at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1. On Sunday,Iran warnedIsrael and the United States of a much larger response after Tel Aviv said it would respond to Iran\'s retaliatory aggression.\nWith a market capitalization of over $446 million, PAXG is the world\'s second-largest tokenized gold coin. Leading the pack is tether gold (XAUT) with a market capitalization of $581.9 million. PAXG\'s weekend surge did not spill over into XAUT and other gold tokens.\n"Geopolitical events create price movements; it is not simple or straightforward to know what the price of gold should be at any given moment," Paxos\' spokesperson told CoinDesk in an email.\n"In addition, the main spot gold markets are only open from Sunday at 6pm until Friday early afternoon. When events occur globally over the weekend, the price of gold could not be referenced against the main spot market because it is closed. Gold has been very volatile recently and even on Friday, gold traded in a $100 range, which is virtually unprecedented," spokesperson added.\nGold has surged over 8% in four weeks, while bitcoin has declined by 10%. On Friday, analysts at Goldman Sachsraisedits year-end price forecast for gold to $2,700 from $2,300, saying that momentum and retail investors haven\'t yet piled into the yellow metal.\nSeveral traditional market participants closely followed PAG\'s spike and BTC\'s slide over the weekend, wondering if the classic risk-off action in the 24/7 crypto market was a sign of things to come in stocks on Monday.\n"And so now everyone who isn\'t involved in crypto is watching BTC to gauge the market impact of war cuz it\'s the only thing that\'s open when drones fly," Andy Constan, founder of macroeconomic research firm Damped Spring,said on X.\nFormer Bridgewater Executive and CIO of Unlimited Funds Bob Elliot said BTC\'s perfect negative correlation with PAXG over the weekend dented the leading digital asset\'s appeal as a geopolitical hedge.\n"Bitcoin may be many things, but it is not a geopolitical hedge. This weekend was another good empirical test. BTC traded with a near-perfect negative correlation over the last day toPAXG, agold-backedtoken. If anything it\'s becoming an even worse hedge over time,"Elliot saidon X.\nApril 15, 4:17 UTC:Adds comments from Paxos.', '(Updates prices at 0500 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares fell and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran launched explosive drones and missiles at Israel late on Saturday, in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nA sense of nervousness swept over markets in Asia on Monday amid the escalating geopolitical tensions, with Japan\'s Nikkei sliding 1%, while Australia\'s S&P/ASX 200 index lost nearly 0.5%.\nHong Kong\'s Hang Seng Index was down 0.63%.\nThe flight to safety sent gold up more than 0.5% to $2,356.39 an ounce and kept the dollar firm.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.24% lower at $90.23 per barrel, while U.S. West Texas Intermediate crude futures fell 0.35% to $85.36 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose about 0.4%.\nEUROSTOXX 50 futures tacked on 0.22%, while FTSE futures slid 0.5%.\nChina, however, was an outlier, with stocks pushing higher after the country\'s securities regulator issued draft rules on Friday to strengthen the supervision of company listings, delistings and computer-driven programme trading.\nMarket participants took the move as a positive signal to improve China\'s ailing stock market and protect investors\' interests.\nThe country\'s blue-chip CSI300 index rose nearly 2%, while the Shanghai Composite index gained 1.2%.\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5605%, while the two-year yield held near the 5% level and was last at 4.9269%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 44 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.85 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin fell more than 3% to $65,010, also weighed down in part by the global risk-off mood.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', '• BTC is back above $65,000 as geopolitical volatility subsides.\n• Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week.\nBitcoin {{BTC}} is trading above $65,000, while ether {{ETH}} is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems.\nBitcoin dropped below $62,000over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran,according to Al-Jazeera.\nTraders on Polymarketgive a 4% chanceof Israeli military action against Iran by April 15. This is down from nearly 57% in the immediate hours after Iran’s missile attack.\nAt the height of the tensions, PAXG, atokenized gold digital asset created by Paxos, was trading at a 20% premium over its analog counterpart as crypto traders fled risk assets for the safety of the yellow metal.\nBefore the tension kicked off, the digital asset market had already beenunder immense selling pressurebecause of U.S. tax season, which also occurs in the run-up to the halving.\n“Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets,” Arthur Hayes wrote in a blog post on the topic.\nTraders are also anticipatingthe launch of bitcoin and perhaps ether ETFs in Hong Kong this week, giving traders in China easier access to digital assets exposure.Matrixport estimatesthat these ETFs could unlock up to $25 billion in demand.', '• BTC is back above $65,000 as geopolitical volatility subsides.\n• Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week.\nBitcoin {{BTC}} is trading above $65,000, while ether {{ETH}} is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems.\nBitcoin dropped below $62,000over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran,according to Al-Jazeera.\nTraders on Polymarketgive a 4% chanceof Israeli military action against Iran by April 15. This is down from nearly 57% in the immediate hours after Iran’s missile attack.\nAt the height of the tensions, PAXG, atokenized gold digital asset created by Paxos, was trading at a 20% premium over its analog counterpart as crypto traders fled risk assets for the safety of the yellow metal.\nBefore the tension kicked off, the digital asset market had already beenunder immense selling pressurebecause of U.S. tax season, which also occurs in the run-up to the halving.\n“Given that the halving occurs at a time when dollar liquidity is tighter than usual, it will add propellant to a raging firesale of crypto assets,” Arthur Hayes wrote in a blog post on the topic.\nTraders are also anticipatingthe launch of bitcoin and perhaps ether ETFs in Hong Kong this week, giving traders in China easier access to digital assets exposure.Matrixport estimatesthat these ETFs could unlock up to $25 billion in demand.', 'The cryptocurrency market experienced a downturn over the weekend in response to rising tensions between Iran and Israel, with Bitcoin’s value dropping to US$62,773 on Saturday, its lowest price this month, CoinGecko data shows.\nThis sharp decline was prompted by an Iranian drone strike on Israel, leading to a broad sell-off in digital assets.\nThe geopolitical unrest resulted in more than US$1.5 billion in long position liquidations on Friday and Saturday, according to data fromCoinglass.\nThe market’s reaction to the Iranian drone attack, which was itself a retaliation to an Israeli operation in Syria, underscores the high sensitivity of cryptocurrency investments to global events.\nWhile traditional financial markets reacted on Friday, the 24/7 nature of cryptocurrency trading meant that the impact was felt over the weekend.\nBitcoin, which had recently peaked at US$73,737 in mid-March, saw its value plummet with other major cryptocurrencies, including Ether, also incurring notable losses.\nThe downturn was intensified by the crypto market’s high leverage, particularly in derivative bets, leading to one of the largest liquidation events in recent months.\nBitcoin halving is due for a halving this month, an event that theoretically leads to price surges by halving the production of new Bitcoin.', 'The cryptocurrency market experienced a downturn over the weekend in response to rising tensions between Iran and Israel, with Bitcoin’s value dropping to US$62,773 on Saturday, its lowest price this month, CoinGecko data shows.\nThis sharp decline was prompted by an Iranian drone strike on Israel, leading to a broad sell-off in digital assets.\nThe geopolitical unrest resulted in more than US$1.5 billion in long position liquidations on Friday and Saturday, according to data fromCoinglass.\nThe market’s reaction to the Iranian drone attack, which was itself a retaliation to an Israeli operation in Syria, underscores the high sensitivity of cryptocurrency investments to global events.\nWhile traditional financial markets reacted on Friday, the 24/7 nature of cryptocurrency trading meant that the impact was felt over the weekend.\nBitcoin, which had recently peaked at US$73,737 in mid-March, saw its value plummet with other major cryptocurrencies, including Ether, also incurring notable losses.\nThe downturn was intensified by the crypto market’s high leverage, particularly in derivative bets, leading to one of the largest liquidation events in recent months.\nBitcoin halving is due for a halving this month, an event that theoretically leads to price surges by halving the production of new Bitcoin.', "China Asset Management, Bosera Capital, HashKey Capital Limited announced that the Hong Kong Securities and Futures Commission (SFC) has approved both spotBitcoin (BTC)andEthereum (ETH)exchange-traded funds (ETFs) applications.\nHashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and recently seeked to raise funds at a $1 billion plus valuation. Shenzhen-based Bosera Capital is one of the first fund management companies in China, and manages $200 billion in assets. Meanwhile, China Asset Management is a prominent asset management firm founded in 1998. It manages one of the largest equity ETF products in China, with a total of $266 billion in assets under management (AUM).\nBloomberg firstreportedabout the imminent approval of the spot ETFs, with the listing details being finalized in time with Hong Kong Exchanges & Clearing (HKEX). The report stated that the products could be launched by the end of this month, marking a significant development in the region's cryptocurrency market.\nThe approval of these ETF products in Hong Kong is anticipated to be a major driver for the cryptocurrency market, positioning the city as a leading digital asset hub in Asia. While the United States approved spot Bitcoin ETFs in January, resulting in a record-breaking price surge that propelled Bitcoin to reach $73,000, it has not yet approved Ethereum ETFs. In contrast, Hong Kong approved both Bitcoin and Ethereum spot ETFs at the same time. Meanwhile, expectations for the approval of spot Ether ETF products in the U.S. remain subdued due to the lack of SEC engagement with the applicants. JPMorgan analystsplaced the approval of Ether ETFsby the final deadline in May at 50%.\nFollowing the news of the approval, BTC surged 2.81% in the past 24 hours to trade at $66,526, up from the lows of $62,000. Meanwhile, ETH gained 4.88% and is currently trading at $3,246. The crypto markets had a brutal sell-off last week followingescalating tensions in the Middle East, which propelled fears of a blown-out war.", "China Asset Management, Bosera Capital, HashKey Capital Limited announced that the Hong Kong Securities and Futures Commission (SFC) has approved both spotBitcoin (BTC)andEthereum (ETH)exchange-traded funds (ETFs) applications.\nHashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and recently seeked to raise funds at a $1 billion plus valuation. Shenzhen-based Bosera Capital is one of the first fund management companies in China, and manages $200 billion in assets. Meanwhile, China Asset Management is a prominent asset management firm founded in 1998. It manages one of the largest equity ETF products in China, with a total of $266 billion in assets under management (AUM).\nBloomberg firstreportedabout the imminent approval of the spot ETFs, with the listing details being finalized in time with Hong Kong Exchanges & Clearing (HKEX). The report stated that the products could be launched by the end of this month, marking a significant development in the region's cryptocurrency market.\nThe approval of these ETF products in Hong Kong is anticipated to be a major driver for the cryptocurrency market, positioning the city as a leading digital asset hub in Asia. While the United States approved spot Bitcoin ETFs in January, resulting in a record-breaking price surge that propelled Bitcoin to reach $73,000, it has not yet approved Ethereum ETFs. In contrast, Hong Kong approved both Bitcoin and Ethereum spot ETFs at the same time. Meanwhile, expectations for the approval of spot Ether ETF products in the U.S. remain subdued due to the lack of SEC engagement with the applicants. JPMorgan analystsplaced the approval of Ether ETFsby the final deadline in May at 50%.\nFollowing the news of the approval, BTC surged 2.81% in the past 24 hours to trade at $66,526, up from the lows of $62,000. Meanwhile, ETH gained 4.88% and is currently trading at $3,246. The crypto markets had a brutal sell-off last week followingescalating tensions in the Middle East, which propelled fears of a blown-out war.", "Ark Invest, the asset manager headed by Cathie Wood, focuses on owning businesses that have major disruptive potential. The thinking is that innovative companies can lead to huge growth potential, resulting in attractive long-term investment returns.\nThe famed investor appreciates new technologies, so it's no surprise that her fund is also bullish on digital assets. To be more specific, there is one top cryptocurrencyCathie Woodbelieves could soar 3,186% to $2.3 million. Perhaps it's time you considered buying.\nAs the oldest, most valuable cryptocurrency,Bitcoin(CRYPTO: BTC)gets a lot of attention. In more recent times, its price has surged, rising 325% since the start of 2023. This has placed an even brighter spotlight on the asset.\nBut Cathie Wood believes there is significantly more upside. In Ark Invest'sBig Ideas 2024research report, the firm's analysts could possibly see Bitcoin's price per coin getting to $2.3 million. That's a monster 33-fold gain from today's $70,000 level (as of the morning of April 11).\nThis lofty price target is based on the simple fact that Bitcoin will attract larger amounts of capital over time. Getting to $2.3 million implies that nearly 20% of the $250 trillion of global investible assets would find their way to Bitcoin.\nThis begs the question: Why would more investors want to buy and hold Bitcoin? I believe there is really one key reason the digital asset could become a mainstay in more portfolios.\nIt all has to do with scarcity. There will only ever be 21 million coins in circulation. Owning something that has a fixed supply cap seems like a smart move.\nCathie Wood and Ark Invest also argue that Bitcoin proved itself as a safe-haven asset, as its price rose meaningfully in 2023 following theregional banking crisis. Additionally, the firm believes that because of the ability to preserve capital, diversification benefits, and liquidity, Bitcoin can reduce risk for investors.\nBitcoin is currently in record territory. Naturally, some investors are probably wondering if now is still a good time to be buying the crypto. Cathie Wood thinks so.\nThat's because Bitcoin is benefiting from numerous catalysts at the moment. There's the recent approval ofspot ETF productsthat puts somewhat of a stamp of approval on Bitcoin. Thehalving is coming upsoon, which has historically been a bullish event that reduces new supply entering the market. And greater institutional acceptance, coupled with regulatory clarity, are also positive factors.\nArk Invest's research shows that any investors who purchased and held Bitcoin during any five-year stretch would have generated a profit. This is encouraging for those who have been on the sidelines and missed the current rally.\nTo be clear, though, investors should take the time to understand and learn more about this unique asset and its special characteristics. Only then can you build the conviction needed to be able to hold through the inevitable periods of heightened volatility.\nIf you do decide that it's time to buy Bitcoin for your own portfolio, consider adopting a dollar-cost averaging strategy. This eliminates the need to correctly time the market. Instead, you can purchase Bitcoin at regular intervals to take advantage of multiple entry points. Just be sure to maintain a very long-term mindset.\nCathie Wood's Bitcoin price target might seem incredibly lofty, and it's anyone's guess if this digital asset even gets remotely close to that level. But that doesn't mean you shouldn't consider buying this top crypto right now.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $540,321!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 8, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 3,186%, According to Cathie Woodwas originally published by The Motley Fool", 'Bitcoin{{BTC}} has risen 2.8%over 24 hours, trading above $66,500, and ether {{ETH}} has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they\'d been approved for spot crypto exchange-traded funds (ETFs).\nChina Asset Management, Bosera Capital and other applicants posted to social-media platform WeChat (Weixin) that they had been approved to list spot bitcoin and ether ETFs in Hong Kong. However, these announcements seem to have front-run an official statement from the Securities and Futures Commission (SFC), which has not posted a list of approved issuers. Some of the posts have since been deleted.\nThe SFC did not return emails or phone calls asking for comment.\nSingapore-based digital assets trading house QCP Capital said in a message shared with CoinDesk that it believes the ETFs, when approved, will unlock some institutional demand during Asia trading hours.\n"Participants who wanted exposure have always been limited to US hours, but this now gives institutional investors an Asia-based alternative," QCP wrote. "We believe this will be bullish short term, but there are more important narratives and drivers such as macro events."', 'Bitcoin{{BTC}} has risen 2.8%over 24 hours, trading above $66,500, and ether {{ETH}} has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they\'d been approved for spot crypto exchange-traded funds (ETFs).\nChina Asset Management, Bosera Capital and other applicants posted to social-media platform WeChat (Weixin) that they had been approved to list spot bitcoin and ether ETFs in Hong Kong. However, these announcements seem to have front-run an official statement from the Securities and Futures Commission (SFC), which has not posted a list of approved issuers. Some of the posts have since been deleted.\nThe SFC did not return emails or phone calls asking for comment.\nSingapore-based digital assets trading house QCP Capital said in a message shared with CoinDesk that it believes the ETFs, when approved, will unlock some institutional demand during Asia trading hours.\n"Participants who wanted exposure have always been limited to US hours, but this now gives institutional investors an Asia-based alternative," QCP wrote. "We believe this will be bullish short term, but there are more important narratives and drivers such as macro events."', 'Company Overview\nZacks Rank #1 (Strong Buy) stockCoinbase Global (COIN)is the third-largest crypto exchange globally and the leading crypto exchange in the United States in terms of trading volume. Coinbase, which was founded in 2012, has one of the broadest selections of cryptocurrency listings to trade. Clients can choose to trade some ~250 cryptocurrencies, three fiat currencies, and nearly 600 crypto trading pairs.\nInstitutional Business is Exploding\nLuckily for Coinbase, two of its biggest competitors, FTX (now defunct with former CEO Sam Bankman Fried in prison) and Binance, found themselves in major legal trouble. Meanwhile, Coinbase CEO Brian Armstrong has laser-focused his company on being compliant since inception – a rare trait for a crypto exchange in the wild west of the crypto industry.\nEarlier this year, Armstrong and Coinbase’s reputation paid off when several long-awaited Bitcoin ETFs launched following years of standoff with the U.S. Securities and Exchange Commission (SEC). It wasn’t long before it became clear that the Bitcoin ETF launch was the most successful in history, far surpassing the debut in theSPDR Gold Shares ETF (GLD) back in 2004. ETFs such asBlackRock’s (BLK)iShares Bitcoin Trust (IBIT)andFidelity’s Wise Origin BTC ETF (FBTC)have attracted billions in inflows, gained more than 70% since their debut, and were already among the top 15 ETFs within weeks of launching. Why is the historic Bitcoin ETF launch a bullish catalyst for COIN? Coinbase is the custodian exchange for nearly every active Bitcoin ETF. In other words, they get a piece of the casual crypto investor who prefers the ETF over Bitcoin itself, and institutional investors aiming to add exposure for clients via ETFs.\nCorrelation to Bitcoin\nCoinbase is highly correlated to the world’s largest and most followed cryptocurrency, Bitcoin. Bitcoin has been the most consistent and best-performing asset over the past decade, and the rampant bull market is unlikely to subside for the following reasons,\nBitcoin is breaking out to fresh all-time highs for the first time in years. Each time these multi-year breakouts have occurred, Bitcoin has produced meteoric returns.\nImage Source: TradingView\nElection year seasonality:Like with equities, studying Bitcoin’s historical seasonality can pay dividends.In the past three election years, Bitcoin returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.\nThe Upcoming Bitcoin Halving:The Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for validating and adding new blocks to the Bitcoin blockchain by half. Though the number of halvings in Bitcoin’s history is only three, and history is no guarantor, the stats suggest that bulls should stay the course for at least the next year.Bitcoin has delivered at least triple-digit one year after the halving, including +7,715% in 2012/13, +283% in 2016/17, and +423% in 2020/21!\nCash Cow\nCoinbase has a clean balance sheet, unlike many industry peers. The company has $5.7 billion on hand, which is impressive when you consider COIN has been growing revenue at a juicy double-digit clip in recent quarters.\nImage Source: Zacks Investment Research\nCoinbase also has a positive Zacks ESP (Earnings Surprise Prediction) score. Our in-house studies show that when a company has a positive ESP score and a Zacks Rank of #1 (like COIN), earnings are likely to surprise to the upside (COIN reports 5/8).\nBull Flag Reset\nCOIN shares are up nearly 300% over the past year, affording investors very few “clean” entry points. However, the stock is finally taking a breather and setting up in a picture-perfect bull flag pattern, offering investors who missed the first move another shot.\nImage Source: TradingView\nBottom Line\nCoinbase is the crypto exchange leader from both a retail and institutional perspective. As the stock retreats in the short term, several bullish catalysts remain, offering investors a juicy reward-to-risk zone to exploit.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nBlackRock, Inc. (BLK) : Free Stock Analysis Report\nSPDR Gold Shares (GLD): ETF Research Reports\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\niShares Bitcoin Trust (IBIT): ETF Research Reports\nFidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research', '• German state-backed lender LBBW is set to offer crypto custody services to clients through a partnership with exchange platform Bitpanda.\n• A market launch is planned for the second half of 2024.\nGermany’s largest state-backed lender, Landesbank Baden-Württemberg (LBBW), is set to offer crypto custody services through a partnership with Austrian exchange platformBitpanda, the company announced Monday.\nThe two firms have entered into a strategic partnership, which would see LBBW provided with “Investment-as-a-Service” infrastructure to “store and procure cryptocurrencies,” including bitcoin {{BTC}} and ether {{ETH}}.\n"By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest security standards," Stefanie Münz, member of the LBBW board of directors responsible for finance, strategy and operations, said in a press statement. "Bitpanda provides the necessary technical and regulatory infrastructure to offer our customers innovative and, above all, secure solutions in the area of digital assets."\nLBBW, in collaboration with Bitpanda, will first offer crypto custody services to corporate clients, with a market launch planned for the second half of 2024.\n"The demand from our corporate customers for digital assets is increasing. We are convinced that crypto assets will establish themselves as a building block for further business models. With the cooperation, we are creating the technical and regulatory basis at an early stage to best support the individual crypto strategies of our corporate customers," said Jürgen Harengel, COO of Corporate Bank at LBBW.', "The pound rallied against the dollar (GBPUSD=X) on Monday, rising around 0.3% in early trade to flirt with the $1.25 mark following fresh data last week which boosted hopes the UK is heading out of a recession.\nLast week, sterling dipped as low as $1.24 against the dollar — its lowest price since November, asinterest ratecut bets continue to fluctuate.\nData releasedby the Office for National Statistics on Friday showed that the UK economy grew slightly for the second month in a row in February, boosting hopes that the economy is escaping recession. Gross domestic product (GDP) grew 0.1%.\nMeanwhile, the dollar's strength last week came following new US consumer price index data released on Wednesday which came in above forecasts. Headline inflation jumped from 3.2% to 3.5% while core inflation, which was expected to fall, held at 3.8%.\nThe print resulted in markets dialling back rate cut hopes, the first of which had originally been pencilled in by economists for June.\nRead more:Trending tickers: Oil, Goldman Sachs, Bitcoin and Ethereum\nSwap markets now price in only one rate cut for 2024 in the US, down from the peak of seven, reached several months ago.\nThe pound was also up around 0.1% against the Euro (GBPEUR=X) to trade at €1.17.\nDownload the Yahoo Finance app, available forAppleandAndroid.", '(Bloomberg) -- Hong Kong gave conditional approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.\nMost Read from Bloomberg\n• Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding\n• Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs\n• Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again\n• Elon Wants His Money Back\n• Singapore Loses ‘World’s Best Airport’ Crown to Qatar\nHarvest Global Investments Ltd. and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. announced initial approvals in separate statements on Monday.\nThe Hong Kong unit of China Asset Management said it had received approval from the city’s Securities & Futures Commission for the provision of virtual-asset management services and is deploying resources to develop products.\nHong Kong is vying with the likes of Singapore and Dubai to become a digital-asset hub after rolling out a dedicated regulatory regime last year. Officials are trying to restore the city’s reputation as a modern financial hub following a crackdown on dissent that dulled its allure.\nListing Approval Pending\nThe SFC said the agency issues a conditional authorization letter to an ETF application if it generally satisfies its requirements, subject to various conditions. An applicant would then apply to Hong Kong Exchanges and Clearing Ltd. for listing approval, the SFC added.\nIn a statement, OSL Digital Securities Ltd. said it would provide custodial services for Bitcoin and Ether products from the China Asset Management unit as well as Harvest.\nThe crypto market got a boost from the latest developments. Bitcoin rose as much as 4.3% and Ether 6.5%. The tokens traded at $66,232 and $3,253 respectively as of 4:30 p.m. Monday in Hong Kong.\nSpot-crypto ETFs have been in the spotlight after Bitcoin funds from companies including BlackRock Inc. and Fidelity Investments debuted in the US in January. The portfolios have attracted a net inflow of $12.5 billion to date, demand that helped take the largest digital asset to a record high of $73,798 in mid-March. It’s unclear if the US will approve pending applications to start ETFs that directly hold second-ranked token Ether.\nIn-Kind Redemption\nHashKey Capital and Bosera said the Hong Kong spot-ETFs would have an in-kind subscription and redemption mechanism, where the underlying assets are swapped for ETF units and vice versa. That contrasts with the US funds, which operate on a cash redemption model.\nThe in-kind approach is a “potentially smoother and cheaper process” that may bolster the appeal of the Hong Kong products, said Justin d’Anethan, head of business development for APAC at Keyrock, a crypto market maker.\nThe big unknown is the likely level of demand for the city’s ETFs. Hong Kong already allows futures-based crypto ETFs and three have listed so far: CSOP Bitcoin Futures, CSOP Ether Futures and Samsung Bitcoin Futures. They have combined assets of about $170 million, a fraction of equivalent US offerings.\nAside from ETFs, Hong Kong is mulling a batch of applications to expand its roster of licensed digital-asset exchanges and working on a framework for stablecoins, which are usually pegged 1-1 to fiat currency and typically backed by reserves of cash and bonds.\n(Updates with more context on ETFs from the seventh paragraph.)\nMost Read from Bloomberg Businessweek\n• Aging Copper Mines Are Turning Into Money Pits Despite Demand\n• For Multinationals, Africa’s Allure Is Fading\n• Premiums Are Rising, and Insurers Say Lawsuits Are to Blame\n• A Very Bad Week for Tesla, Its Employees and Even Elon Musk\n• The AI Chatbot That Could Transform Business School Accreditation\n©2024 Bloomberg L.P.', '(Bloomberg) -- Hong Kong gave conditional approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.\nMost Read from Bloomberg\n• Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding\n• Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs\n• Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again\n• Elon Wants His Money Back\n• Singapore Loses ‘World’s Best Airport’ Crown to Qatar\nHarvest Global Investments Ltd. and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. announced initial approvals in separate statements on Monday.\nThe Hong Kong unit of China Asset Management said it had received approval from the city’s Securities & Futures Commission for the provision of virtual-asset management services and is deploying resources to develop products.\nHong Kong is vying with the likes of Singapore and Dubai to become a digital-asset hub after rolling out a dedicated regulatory regime last year. Officials are trying to restore the city’s reputation as a modern financial hub following a crackdown on dissent that dulled its allure.\nListing Approval Pending\nThe SFC said the agency issues a conditional authorization letter to an ETF application if it generally satisfies its requirements, subject to various conditions. An applicant would then apply to Hong Kong Exchanges and Clearing Ltd. for listing approval, the SFC added.\nIn a statement, OSL Digital Securities Ltd. said it would provide custodial services for Bitcoin and Ether products from the China Asset Management unit as well as Harvest.\nThe crypto market got a boost from the latest developments. Bitcoin rose as much as 4.3% and Ether 6.5%. The tokens traded at $66,232 and $3,253 respectively as of 4:30 p.m. Monday in Hong Kong.\nS Last 60 Days of Bitcoin's Closing Prices:* [51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-15 Financial & Commodity Data: - Gold Closing Price: $2365.80 - Crude Oil Closing Price: $85.41 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,769,726,788 - Hash Rate: 605510196.549041 - Transaction Count: 503358.0 - Unique Addresses: 666015.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Led by the BlackRock Inc.'siShares Bitcoin Trust (IBIT),inflows to the 10 spot bitcoin ETFs hit a one-day high on Tuesday of over $1 billion, according to the research arm of cryptocurrency exchange BitMex. IBIT generated nearly $850 million in inflows alone for the day. Since it started trading on Jan. 11, IBIT has received more than $11 billion in inflows, far surpassing the other nine issuers who received SEC approval a day prior to offer ETFs based on bitcoin's spot price. "Record inflow for Ten yest, first day over $1b net, $IBIT went crazy with $848m of it," wrote Bloomberg Senior ETF Analyst Eric Balchunas in a Wednesday post on Twitter/X. The latest inflows reflect the fierce demand for the new ETFs and widening interest in digital asset investments, particularly bitcoin, the largest cryptocurrency by market capitalization. Bitcoin was recently trading near $72,400, roughly flat over the past 24 hours but near the record high it set earlier this week, according to cryptocurrency data provider CoinMarketCap. Spot bitcoin ETFs hit their previous one-day high for inflows of $673 million in late February, according to BitMex. Balchunas noted that the 10 spot bitcoin funds have generated more than $11 billion in inflows since their unveiling. That total includes more than $11 billion that's been pulled from theGrayscale Bitcoin Trust (GBTC), according to BitMex data. That product differs from the other offerings: GBTC is a conversion from a long-standing bitcoin trust and charges a 1.5% fee, by far the highest among the new offerings. GBTC had $79 million in outflows on Tuesday, a small number compared to other days. In a Tuesday post, Balchunas wrote that $GBTC had the 2nd most outflows of any ETF in the last 15 yrs cumulatively." The 10 ETFs have accumulated more than $60 billion in assets under management (AUM) with IBIT accounting for more than $15 billion of that amount. Balchunas noted that the fund is "about tocrack the Top 100 ETFs by size." In an SEC disclosure last Friday,BlackRock revealedthat IBIT held almost 196,000 bitcoins, which for a brief period surpassed the holdings of MicroStrategy, a publicly traded software provider that pivoted its corporate strategy to acquire bitcoin. A weekend purchase by MicroStrategy subsequently gave the company larger bitcoin stores. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['(Changes word in paragraph 6 quote to \'cut\', not \'hike\')\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar hit a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising intervention worries as the yen languished at its lowest level since 1990.\nThe Chinese yuan stabilised after touching its lowest since November in early Asia trading after GDP data for China\'s first quarter beat expectations, a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nU.S. data on Monday showed retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.37 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to hit its weakest level in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed", after the dollar hit a 34-year high.\nThe yen last hovered around 154.40 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe offshore Chinese yuan fell to 7.2831 per dollar for its lowest mark since Nov. 14, before picking up after official data showed China\'s economy grew 5.3% in the first quarter year-on-year, comfortably beating analysts\' expectations.\nBut China\'s retail sales missed expectations, a worrying sign for consumer confidence and reflection of the economy\'s uneven recovery.\nElsewhere, the euro brushed $1.06070, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14.\nThe kiwi slipped to a five-month low of $0.58815.\nBitcoin fell 0.26% to $62,978.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates and Neil Fullick)', '• US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict.\n• The risk-off nature of Monday\'s market action sent the 10-Year Treasury yield to its highest level of 2024.\n• March retail sales data surged 0.7%, more than double consensus estimates of 0.3%.\nUS stocks reversed their Monday morning gains and finished the day considerably lower as investors worried about a potential escalation of the Israel-Iran conflict.\nIran fired hundreds of missiles and drones at Israel, but its defense system, in coordination with its allies,intercepted nearly all of the projectiles.\n"Iranian officials have said that this concludes the response and markets are hoping that the situation will de-escalate from here. However, this situation is by no means over and the back-and-forth headlines have continued throughout the day," NYSE market strategist Michael Reinking said.\nA sourcetold NBC Newsthat a retaliatory attack by Israel against Iran could be "imminent." Allies of Israel have cautioned the country from further escalating the conflict.\nSeparately, retail sales surged in March, growing 0.7%, more than double consensus estimates of 0.3%. The combination of solid retail sales data and the risk-off nature of the Israel-Iran conflict sent the 10-year Treasury yield to its highest level of 2024 and its highest level since November.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,061.82, down 1.2%\n• Dow Jones Industrial Average:37,735.11, down 0.7% (-248 points)\n• Nasdaq Composite:15,885.02, down 1.8%\nHere\'s what else happened today:\n• The average US home price could spike 20% to a record $500,000if the Fed cuts interest rates too soon, expert says.\n• Shares of Trump Media and Technology Group plunged nearly 20%after the company filed with the SEC to sell millions of shares.\n• Goldman Sachs reported its highest quarterly profit since 2021.Here\'s a break down of the results.\n• A Warren Buffett-signed sheet of uncut dollar bills sold at auction for $20,740 over the weekend.\n• Tesla stock fell 5% on Monday after the company initiated a wave of layoffs,reducing its workforce by about 14,000 employees as the company deals with weak EV demand.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 0.19% to $85.50 a barrel.Brent crude, the international benchmark, fell 0.27% to $90.21 a barrel.\n• Goldjumped 1.04% to $2,398.80 per ounce.\n• The 10-year Treasury yield climbed 9 basis points to 4.62%.\n• Bitcoindeclined by 3.43% to $63,506.\nRead the original article onBusiness Insider', 'By Hannah Lang\n(Reuters) - Could bitcoin\'s bumper rally just be getting started this year?\nThat\'s the question on the minds of cryptocurrency traders ahead of the upcoming bitcoin \'halving\', a change in the token\'s underlying blockchain technology that is designed to reduce the rate at which new bitcoins are created.\nPrevious bitcoin halvings in 2012, 2016 and 2020 were followed by massive rallies in its price: a year after the May 2020 bitcoin halving, bitcoin was up more than 545%.\nThe next halving is currently slated to occur on April 20, per data platform CoinGecko. But this time around, the market is split on whether bitcoin could be in for another meteoric rise.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half, making mining less profitable and slowing the production of new tokens. Some bitcoin enthusiasts say that bitcoin\'s enhanced scarcity gives it extra value.\nIn an April 8 report, Bitfinex analysts predicted bitcoin\'s price would soar about 160% in the 12-14 months after this year\'s halving, which they said could push bitcoin to an all-time high of more than $150,000.\n"This current cycle stands out from all the other previous cycles as the bitcoin price has already achieved a new all-time high - even before the halving. This anomaly could be interpreted as a bullish indicator, yet it also introduces a level of uncertainty into the market dynamics," the report said.\nDavid Mercer, CEO of LMAX Group, which operates an institutional crypto exchange, is among the skeptics: "The view from the grown-up market is this: 2012, 2016, 2020, the halving preceded a massive bull run, so the evangelist will tell you, 2024 is going to be the same. We think not."\nThe reason? Some analysts say the impact of the halving could have already been priced into bitcoin\'s recent move skyward. Bitcoin hit an all-time high in March at $73,803.25, and has risen more than 60% since Jan. 1 as investors cheered new U.S. spot bitcoin exchange-traded funds (ETFs) and bet on the entry of new institutional money into the asset class.\nThe bitcoin ETFs "brought in a tremendous amount of interest and net new flows into bitcoin preceding the halving event, whereas in the past, we\'ve seen price levels right after the halving event bring in those new flows," said Thomas Perfumo, head of strategy at crypto exchange Kraken.\nPRICED IN?\nHalvings happen approximately every four years, though, according to some analysts, it\'s difficult to rely on historical precedent. They say that a combination of factors outside of the halving could have contributed to bitcoin\'s rally in 2020, including looser monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies.\n"A sample size of three [halvings] is not necessarily large enough to be conclusive. It is also important to note that other bullish events in the industry contributed to the gains," researchers at crypto analytics firm Kaiko said in a note.\nStill, others say that the ETFs could just be one in a series of catalysts that could support bitcoin\'s price in the year following a halving. The U.S. Federal Reserve is widely expected to cut interest rates this year, which could boost risk assets such as cryptocurrencies.\n"You have a simultaneous influx of new money into the asset class, finally, by way of the ETF ... then there\'s also the Fed, indicating that they plan on easing monetary policy later this year," said Ravi Doshi, head of markets at FalconX, a crypto prime broker.\n"Assuming that inflation prints continue to stay muted, you have this recipe for significantly higher prices."\n(Reporting by Hannah Lang in New York; Editing by Vidya Ranganathan and Pravin Char)', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia business day, whileEther {{ETH}}is trading above $3000.\nThe CoinDesk 20, a measure of the world\'s largest and most liquid digital assets, is trading at 2,139, down 4%.\nCoinDesk\'s IndicesBitcoin Trend Indicator(BTI) has flipped to neutral from bullish, signaling a weakening of upside momentum. The BTI is a daily signal communicating the direction and strength of bitcoin\'s price trends through a purpose-built algorithm.\nThe Bitcoin BTI has been in an uptrend or significant uptrend zone since October 2023, when there were initial reports that major fund managers were in the final phase of discussions with the Securities and Exchange Commission (SEC) about the launch of spot bitcoin exchange-traded funds (ETF).\nEther\'s trend indicator has also hit neutral as well.\nMarket data showsthat on April 15, there were no outflows from any of the other bitcoin ETFs, aside from GBTC.\nLast week\'s total flow hit negative $82.5 million, most of which came from GBTC outflow.\n"Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion, averaging $3.2 billion per day," Matteo Greco, Research Analyst at Fineqia said in a note shared with CoinDesk. "The cumulative trading volume since inception now stands at around $212 billion, with an average daily trading volume of approximately $3.3 billion."\nMeanwhile, theprices of luxury watchescontinue to decline, according to a new report fromWatchcharts.comand Morgan Stanley.\n"Despite record performance in equity and crypto markets that may have helped to temporarily alleviate downward pressure on prices, second hand prices [for watches] continued to contract sequentially in 1Q," the report reads. We think it is premature to conclude that the secondary watch market is headed towards imminent recovery."\nThe report cites high inventory levels as a reason for the continued decline in market prices.', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia business day, whileEther {{ETH}}is trading above $3000.\nThe CoinDesk 20, a measure of the world\'s largest and most liquid digital assets, is trading at 2,139, down 4%.\nCoinDesk\'s IndicesBitcoin Trend Indicator(BTI) has flipped to neutral from bullish, signaling a weakening of upside momentum. The BTI is a daily signal communicating the direction and strength of bitcoin\'s price trends through a purpose-built algorithm.\nThe Bitcoin BTI has been in an uptrend or significant uptrend zone since October 2023, when there were initial reports that major fund managers were in the final phase of discussions with the Securities and Exchange Commission (SEC) about the launch of spot bitcoin exchange-traded funds (ETF).\nEther\'s trend indicator has also hit neutral as well.\nMarket data showsthat on April 15, there were no outflows from any of the other bitcoin ETFs, aside from GBTC.\nLast week\'s total flow hit negative $82.5 million, most of which came from GBTC outflow.\n"Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion, averaging $3.2 billion per day," Matteo Greco, Research Analyst at Fineqia said in a note shared with CoinDesk. "The cumulative trading volume since inception now stands at around $212 billion, with an average daily trading volume of approximately $3.3 billion."\nMeanwhile, theprices of luxury watchescontinue to decline, according to a new report fromWatchcharts.comand Morgan Stanley.\n"Despite record performance in equity and crypto markets that may have helped to temporarily alleviate downward pressure on prices, second hand prices [for watches] continued to contract sequentially in 1Q," the report reads. We think it is premature to conclude that the secondary watch market is headed towards imminent recovery."\nThe report cites high inventory levels as a reason for the continued decline in market prices.', '(Updates prices at 0500 GMT)\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.\nThe Chinese yuan edged marginally lower even after GDP data for China\'s first quarter beat expectations in a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nData on Monday showed U.S. retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.39 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to its weakest in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed".\nThe yen last hovered around 154.26 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe onshore yuan fell to 7.2422 per dollar to its lowest since November, before picking up after official data showed China\'s economy grew in the first quarter by 5.3% from a year earlier, comfortably beating analysts\' expectations.\nBut the country\'s retail sales missed expectations, a worrying sign for consumer confidence and a reflection of the economy\'s uneven recovery.\nThe yuan last stood at 7.2376 per dollar, with losses capped thanks to the upbeat gross domestic product (GDP) figures and state bank support.\nThe euro was at $1.060625, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14, while the kiwi similarly slid to a five-month low of $0.58735.\nBitcoin fell roughly 1% to $62,550.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates, Neil Fullick and Christian Schmollinger)', '• Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.\n• Flows into the U.S.-listed spot BTC ETFs have dried.\nThe analyst who predicted bitcoin’s {{BTC}} bottom inNovember 2022and the recentpre-halving surgeto record highs has turned bearish on risk assets, including technology stocks and cryptocurrencies.\n“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for risk assets,” Markus Thielen, founder of 10X Research, said in a note to clients Tuesday.\n“We sold all our tech stocks last night (at the open) as the Nasdaq is trading very poorly and reacting to the higher bond yield. We only hold a few high-conviction crypto coins. Overall, we are bearish risk assets (stocks + crypto).” Thielen added.\nTraders have recently scaled back pricing for 25 basis point Fed rate cuts this year to less than three from six at the beginning of the year, data from CMEGroup show.\nThe so-called hawkish repricing, spurred by sticky U.S. inflation and a resilient labor market and economy, has lifted the 10-year Treasury yield 40 basis points to 4.61% this month, the highest since November 2023. The sharp rise in the so-called risk-free rate has dented the appeal of investing in high-risk/high-return assets like technology stocks and cryptocurrencies.\n"Most of this 2023/2024 bitcoin rally is driven by expectations that interest rates would be cut, and this narrative is being seriously challenged now," Thielen noted, adding that inflows into the spot exchange-traded funds (ETFs) have dried.\nThe U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot BTC exchange-traded funds (ETFs) in January, allowing investors to take exposure to the cryptocurrency without having to own and store it.\nSince then, nearly $12 billion has flowed into these investment vehicles. However, most flows happened last quarter, powering the cryptocurrency higher, and the demand has faded this month.\nThe 5-day average of the net inflows into the spot ETFs has dropped to zero.\n"After an initial novelty hype, ETF flows tend to run out unless prices continue increasing—which they have not done since early March. With two—to 17% drawdowns, those investors might stay on the sidelines," Thielen explained.\nSome observers expect the correction to gather pace once the hype surrounding the Bitcoin network\'s quadrennial mining reward halving due on April 20 fades. The inbuild code will reduce the per-block coin emission to 3.125 BTC from 6.25 BTC, effectively halving the pace of supply expansion.\nBitcoin changed hands at $62,600, representing a 42% year-to-date gain,CoinDesk datashow. TheCoinDesk 20 Index, a broader market index, stood at 2119 points at press time, up 17% for the year.', '• Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks.\n• Flows into the U.S.-listed spot BTC ETFs have dried.\nThe analyst who predicted bitcoin’s {{BTC}} bottom inNovember 2022and the recentpre-halving surgeto record highs has turned bearish on risk assets, including technology stocks and cryptocurrencies.\n“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for risk assets,” Markus Thielen, founder of 10X Research, said in a note to clients Tuesday.\n“We sold all our tech stocks last night (at the open) as the Nasdaq is trading very poorly and reacting to the higher bond yield. We only hold a few high-conviction crypto coins. Overall, we are bearish risk assets (stocks + crypto).” Thielen added.\nTraders have recently scaled back pricing for 25 basis point Fed rate cuts this year to less than three from six at the beginning of the year, data from CMEGroup show.\nThe so-called hawkish repricing, spurred by sticky U.S. inflation and a resilient labor market and economy, has lifted the 10-year Treasury yield 40 basis points to 4.61% this month, the highest since November 2023. The sharp rise in the so-called risk-free rate has dented the appeal of investing in high-risk/high-return assets like technology stocks and cryptocurrencies.\n"Most of this 2023/2024 bitcoin rally is driven by expectations that interest rates would be cut, and this narrative is being seriously challenged now," Thielen noted, adding that inflows into the spot exchange-traded funds (ETFs) have dried.\nThe U.S. Securities and Exchange Commission (SEC) greenlighted nearly a dozen spot BTC exchange-traded funds (ETFs) in January, allowing investors to take exposure to the cryptocurrency without having to own and store it.\nSince then, nearly $12 billion has flowed into these investment vehicles. However, most flows happened last quarter, powering the cryptocurrency higher, and the demand has faded this month.\nThe 5-day average of the net inflows into the spot ETFs has dropped to zero.\n"After an initial novelty hype, ETF flows tend to run out unless prices continue increasing—which they have not done since early March. With two—to 17% drawdowns, those investors might stay on the sidelines," Thielen explained.\nSome observers expect the correction to gather pace once the hype surrounding the Bitcoin network\'s quadrennial mining reward halving due on April 20 fades. The inbuild code will reduce the per-block coin emission to 3.125 BTC from 6.25 BTC, effectively halving the pace of supply expansion.\nBitcoin changed hands at $62,600, representing a 42% year-to-date gain,CoinDesk datashow. TheCoinDesk 20 Index, a broader market index, stood at 2119 points at press time, up 17% for the year.', "Norway haspassednew legislation that will impose stricter regulations on data centers operating within the country. The legislation mandates the official registration of all data centers, requiring information about their owners, leaders, and the digital services they provide. Norway becomes the first European nation to establish such a comprehensive framework.\nNorway's move to regulate data centers follows the country's concerns over large greenhouse gas emissions associated with crypto mining. Terje Aasland, Norway's Minister of Energy, stated that they are not interested in businesses seeking to exploit Norway for cheap energy extraction. The primary objective of this legislation is to provide politicians with a clearer understanding of data centers in their municipalities. Aasland emphasized that the aim is to regulate the industry and have the ability to reject undesirable projects.\nWhile the legislation is not explicitly targeted at Bitcoin miners, it could potentially lead to increased scrutiny for them. This comes at a time when Bitcoin miners are already preparing for the upcoming halving event, which will reduce block issuance rewards by half, potentially impacting the profitability of mining operations. Currently, numerous Bitcoin mining firms are operating in northern Norway, attracted by the region's low electricity costs. A report from local media outlet Dagsavisen in 2023 revealed that crypto mining firms in this area consume nearly as much electricity as the entire district of Lofoten.\nWhile the government does not have an exact count of the number of Bitcoin mining firms in the country, the new legislation will provide valuable information to support Norway's digitalization plans. Karianne Tung, Norway's Minister of Digitalization and Public Governance, highlighted the significance of data centers that serve beneficial roles, such as storage servers, which are considered crucial for the country's social structure.", "Norway haspassednew legislation that will impose stricter regulations on data centers operating within the country. The legislation mandates the official registration of all data centers, requiring information about their owners, leaders, and the digital services they provide. Norway becomes the first European nation to establish such a comprehensive framework.\nNorway's move to regulate data centers follows the country's concerns over large greenhouse gas emissions associated with crypto mining. Terje Aasland, Norway's Minister of Energy, stated that they are not interested in businesses seeking to exploit Norway for cheap energy extraction. The primary objective of this legislation is to provide politicians with a clearer understanding of data centers in their municipalities. Aasland emphasized that the aim is to regulate the industry and have the ability to reject undesirable projects.\nWhile the legislation is not explicitly targeted at Bitcoin miners, it could potentially lead to increased scrutiny for them. This comes at a time when Bitcoin miners are already preparing for the upcoming halving event, which will reduce block issuance rewards by half, potentially impacting the profitability of mining operations. Currently, numerous Bitcoin mining firms are operating in northern Norway, attracted by the region's low electricity costs. A report from local media outlet Dagsavisen in 2023 revealed that crypto mining firms in this area consume nearly as much electricity as the entire district of Lofoten.\nWhile the government does not have an exact count of the number of Bitcoin mining firms in the country, the new legislation will provide valuable information to support Norway's digitalization plans. Karianne Tung, Norway's Minister of Digitalization and Public Governance, highlighted the significance of data centers that serve beneficial roles, such as storage servers, which are considered crucial for the country's social structure.", '• Mining stocks have underperformed bitcoin this year.\n• The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.\n• Some CEOs noted the potential for consolidation in the sector, Bernstein said.\nBitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker Bernstein said in a research report on Monday.\nThe underperformance has been caused by strong moves in spot bitcoin and exchange-traded funds (ETFs), which have sucked "retail liquidity" from mining stocks, and by concerns about the impact of the halving on miner revenues, analysts Gautam Chhugani and Mahika Sapra wrote.\nThequadrennial halvingis when miner rewards are reduced, slowing the rate of growth in bitcoin supply. The next halving is due aroundApril 19-20.\nThe broker interviewed the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR) and Hut 8 (HUT). The companies are in a relatively comfortable financial position this cycle and so are better prepared to withstand the impact of the halving, Bernstein said.\nThe "CEOs point to miner dollar revenues at all-time highs, providing a solid cushion to miners pre-halving," and they also noted the "relatively low debt on the balance sheet."\nSome of the CEOs highlighted the potential for miner consolidation, the report said.\n"The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead," the note said, adding that the "CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets."\nAnother notable change this time round has been application and layer 2 development on the Bitcoin blockchain, which has led to an increase in network fees that flow back to miners as incremental revenue streams, the report noted.\nRiot and CleanSpark expect to have doubled capacity by the end of the year, which will offset any impact of the halving, the report added.\nRead more:Bitcoin Halving Has Crypto Miners Racing for \'Epic Sat\' Potentially Worth Millions', '• Mining stocks have underperformed bitcoin this year.\n• The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.\n• Some CEOs noted the potential for consolidation in the sector, Bernstein said.\nBitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker Bernstein said in a research report on Monday.\nThe underperformance has been caused by strong moves in spot bitcoin and exchange-traded funds (ETFs), which have sucked "retail liquidity" from mining stocks, and by concerns about the impact of the halving on miner revenues, analysts Gautam Chhugani and Mahika Sapra wrote.\nThequadrennial halvingis when miner rewards are reduced, slowing the rate of growth in bitcoin supply. The next halving is due aroundApril 19-20.\nThe broker interviewed the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR) and Hut 8 (HUT). The companies are in a relatively comfortable financial position this cycle and so are better prepared to withstand the impact of the halving, Bernstein said.\nThe "CEOs point to miner dollar revenues at all-time highs, providing a solid cushion to miners pre-halving," and they also noted the "relatively low debt on the balance sheet."\nSome of the CEOs highlighted the potential for miner consolidation, the report said.\n"The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead," the note said, adding that the "CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets."\nAnother notable change this time round has been application and layer 2 development on the Bitcoin blockchain, which has led to an increase in network fees that flow back to miners as incremental revenue streams, the report noted.\nRiot and CleanSpark expect to have doubled capacity by the end of the year, which will offset any impact of the halving, the report added.\nRead more:Bitcoin Halving Has Crypto Miners Racing for \'Epic Sat\' Potentially Worth Millions', '• The Bored Apes Yacht Club NFT collection experienced a significant price decline of over 90%, dropping from a peak of 120 ETH to just over 10 ETH. This decline reflects a broader waning interest in Ethereum-based NFT collections.\n• Despite the hype and celebrity endorsements, the Bored Apes collection has seen a substantial decrease in value, with factors such as waning retail interest and the rise of newer collections on Bitcoin and Solana contributing to the decline.\nDigital artwork that wasonce the talk ofthe town is now selling at a 90% haircut compared to prices during its peak popularity in 2021, showcasing the fragility associated with viral crypto trends.\nThe minimum price of the non-fungible token (NFT) collection, Bored Apes Yacht Club (BAYC), is just over 10 ether {{ETH}} as of Tuesday, a stark drop from a lifetime average of 120 ether in May 2022.\nIt’s roughly the same decline in dollar terms as well. Ether was worth around $3,000 in May 2022 as it is in Asian morning hours on Tuesday – meaning a single NFT was worth over $400,000 then compared to just over $30,000 as of writing.\nDatafrom CryptoSlam shows trading volumes have generally remained around the $1 million daily mark since 2022. Nearly 20% of the collection is held byten individual wallets.\nThe decline comes alongside generally waning retail interest in Ethereum NFT collections,Google search datasuggests. Meanwhile, newer collections on Bitcoin and Solana have started to gain more interest among investors.\nBored Apes is a collection of 10,000 digital monkeys on the Ethereum blockchain. It features pictures of cartoon apes procedurally generated by an algorithm. Each monkey has certain traits—some more rare than others—that give it value.\nOwners are granted certain benefits, such as access to a private online club or in-person events. Using the NFT for a profile picture is also prominent as a show of wealth online.\nBored Apes amassed quick popularity in the 2021 bull market, with several prominent celebrities claiming to purchasethe NFTs for over $300,000 apiece. Popular rappers performed withtheir Bored Apes on virtual worlds, while singer Justin Bieber bought a Bored Ape deemed “rare”for over $1.2 million.\nHowever, in June 2023,reports suggestedthat crypto services company MoonPay may have gifted the Bored Apes to some of those celebrities, likely denting investor confidence. MoonPay denied the claims at the time.\nAs such, Bored Apes remains the top Ethereum NFT collection as of Tuesday, with a $340 millionmarket capitalization.', '• The broker said that ETFs are driving additional demand for the underlying crypto itself.\n• Sovereign wealth funds are already likely invested in bitcoin, Canaccord said.\n• More companies could follow MicroStrategy’s lead and start acquiring bitcoin, the report said.\nWhile there has been a lot of noise about how much assets under management (AUM) bitcoin {{BTC}} exchange-traded funds (ETFs) are attracting, it is now becoming obvious that these ETFs are driving additional demand for the underlying cryptocurrency itself, broker Canaccord Genuity said in a research report on Monday.\nThe broker held its 2024 Digital Assets Symposium last Thursday and hosted leaders from 29 crypto-related companies.\n“It is becoming clear now that there is a material multiplier effect also underway from the ETFs in driving additional demand for the underlying BTC spot itself,” analysts led by Joseph Vafi wrote.\nThe broker noted comments from Swan Bitcoin, a bitcoin-only investment advisor, which said it is “seeing a multiple-fold increase in demand for an underlying spot as the ETFs drive the BTC demand curve to the right, while the BTC supply curve can’t respond in kind.”\nCanaccord said that many investors, both retail and institutional, "Find the underlying BTC spot more attractive than ETFs given potentially more ways to hedge and generate yield on HODLs over time as the asset class matures.”\nIn the coming months, spot bitcoin ETFs will be added to multiple registered investment advisor (RIA) platforms and large broker/dealer wirehouses, and with this added distribution, “investment advisors that could more or less ignore bitcoin will now be forced to at least have an opinion” on the cryptocurrency, the report said.\nSome institutions, in particular sovereign wealth funds, are likely already invested in bitcoin, and Canaccord expects to see announcements from these types of investors in the next few months.\nNew FASB accounting standards, when combined with continued inflationary concerns, “could drive more enterprises to follow MicroStrategy (MSTR), at least modestly to look at BTC as an asset to hold on the corporate balance sheet,” the report added.\nRead more:Spot Bitcoin ETFs Are Just the Beginning for Wall Street', '• The broker said that ETFs are driving additional demand for the underlying crypto itself.\n• Sovereign wealth funds are already likely invested in bitcoin, Canaccord said.\n• More companies could follow MicroStrategy’s lead and start acquiring bitcoin, the report said.\nWhile there has been a lot of noise about how much assets under management (AUM) bitcoin {{BTC}} exchange-traded funds (ETFs) are attracting, it is now becoming obvious that these ETFs are driving additional demand for the underlying cryptocurrency itself, broker Canaccord Genuity said in a research report on Monday.\nThe broker held its 2024 Digital Assets Symposium last Thursday and hosted leaders from 29 crypto-related companies.\n“It is becoming clear now that there is a material multiplier effect also underway from the ETFs in driving additional demand for the underlying BTC spot itself,” analysts led by Joseph Vafi wrote.\nThe broker noted comments from Swan Bitcoin, a bitcoin-only investment advisor, which said it is “seeing a multiple-fold increase in demand for an underlying spot as the ETFs drive the BTC demand curve to the right, while the BTC supply curve can’t respond in kind.”\nCanaccord said that many investors, both retail and institutional, "Find the underlying BTC spot more attractive than ETFs given potentially more ways to hedge and generate yield on HODLs over time as the asset class matures.”\nIn the coming months, spot bitcoin ETFs will be added to multiple registered investment advisor (RIA) platforms and large broker/dealer wirehouses, and with this added distribution, “investment advisors that could more or less ignore bitcoin will now be forced to at least have an opinion” on the cryptocurrency, the report said.\nSome institutions, in particular sovereign wealth funds, are likely already invested in bitcoin, and Canaccord expects to see announcements from these types of investors in the next few months.\nNew FASB accounting standards, when combined with continued inflationary concerns, “could drive more enterprises to follow MicroStrategy (MSTR), at least modestly to look at BTC as an asset to hold on the corporate balance sheet,” the report added.\nRead more:Spot Bitcoin ETFs Are Just the Beginning for Wall Street', 'Greenfield site energized in 78 days, less than three months after breaking ground\nCost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profile\nMIAMI, April 16, 2024 (GLOBE NEWSWIRE) --Hut 8 Corp.(Nasdaq \| TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the energization of one third of its 63 MW site in Culberson County, Texas (“Salt Creek”). Hut 8 is phasing energization to maximize deployed hashrate pre-halving and will continue to energize the site in the coming weeks.\n“With Salt Creek, we gain critical control over our miner fleet and operating costs as we head into the halving,” said Asher Genoot, CEO of Hut 8. “Our outlook on energy prices at the site suggests that the potential for cost savings relative to our cost of mining at Kearney and Granbury is in line with the 30% reduction initially projected.”\nAs previously announced, Hut 8 relocated a portion of its most efficient hosted miners from Kearney and Granbury to Salt Creek in March to enable rapid energization of the new site. Hut 8 has deployed Reactor, its proprietary energy curtailment software, to automate site operations, ensure that miners hash when profitable, and reduce the site’s realized cost of energy.\n“I am incredibly proud of our team for delivering a standard-setting performance at Salt Creek,” said Genoot. “What we have achieved in 78 days, including the removal of more than 25,000 miners from Kearney and Granbury in eight days, is a testament to our market-leading capabilities, work ethic, and ability to execute. We remain on track to deliver an incredibly cost-effective buildout: Our expected all-in cost of $275,000 per megawatt or less represents a 40% savings versus recent acquisitions in the area. As demonstrated with Salt Creek, we will continue to act decisively to strengthen and grow our self-mining business.”\nAbout Hut 8\nHut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp.’s portfolio comprises eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five\xa0high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario.\xa0For more information, visitwww.hut8.comand follow us on X (formerly known as Twitter) at @Hut8Corp.\nCautionary Note Regarding Forward–Looking Information\nThis press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the buildout of Salt Creek, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.\nStatements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks, malicious actors or botnet obtaining control of processing power on the Bitcoin network, further development and acceptance of the Bitcoin network, changes to Bitcoin mining difficulty, loss or destruction of private keys, increases in fees for recording transactions in the Blockchain, erroneous transactions, reliance on a limited number of key employees, reliance on third party mining pool service providers, regulatory changes, classification and tax changes, momentum pricing risk, fraud and failure related to digital asset exchanges, difficulty in obtaining banking services and financing, difficulty in obtaining insurance, permits and licenses, internet and power disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols, uncertainty about the acceptance or widespread use of digital assets, failure to anticipate technology innovations, climate change, currency risk, lending risk and recovery of potential losses, litigation risk, business integration risk, changes in market demand, changes in network and infrastructure, system interruption, changes in leasing arrangements, failure to achieve intended benefits of power purchase agreements, potential for interrupted delivery, or suspension of the delivery, of energy to the Company’s mining sites, and other risks related to the digital asset and data center business. For a complete list of the factors that could affect the Company, please see the “Risk Factors” section of the Company’s Transition Report on Form 10-K for the transition period from July 1, 2023 to December 31, 2023, available under the Company’s EDGAR profile atwww.sec.gov, and Hut 8’s other continuous disclosure documents which are available under the Company’s SEDAR+ profile atwww.sedarplus.caand under the Company’s EDGAR profile atwww.sec.gov.\nContacts\nHut 8 Investor Relations\nSue [email protected]\nHut 8 Media Relations\nEoin [email protected]', 'Shares ofCoinbase Global(NASDAQ: COIN)have been on a stunning run during the past several months. The cryptocurrency trading platform has been a beneficiary as more investors have easy access toBitcoin, and the leading cryptocurrency has increased in value.\nThat led one analyst to give Coinbase stock a big price target boost last week. But that doesn\'t meanMizuhoanalyst Dan Dolev thinks you should buy the stock. Even after raising his firm\'s target price from $84 to $145 per share, the analyst says to sell the stock. That\'s because the new price target represents almost a 40% drop from Coinbase\'s recent share price.\nDolev\'s huge bump in the target price for Coinbase stock comes after the shares soared nearly 90% during the past three months. The Securities and Exchange Commission (SEC) recently approved exchange-traded funds (ETFs) for spot Bitcoin. That has created more interest inowning the cryptocurrency.\nBut Dolev thinks that interest has become an unsustainable frenzy. His higher price target is an acknowledgement of the boost in crypto trading volumes. Coinbase collects trading fees, so the increased activity has boosted its revenue.\nDolev noted, however, that despite "a favorable near-term setup, our long-term fundamental concerns remain." Those concerns include competitive pressure that could hurt fee income, and "lower quality" trading of smaller crypto tokens.\nEven Coinbase Chief Financial Officer Alesia Haas acknowledged in an interview withBarron\'sthat "when our stock rallies, it is a reflection of the broader sentiment around the future of crypto more than a reflection of Coinbase financials or our near-term financial performance."\nThat broader sentiment has given something of an artificial boost to Coinbase shares. Additionally, investors who purchase Bitcoin ETFs don\'t need to use Coinbase as an exchange. Those factors lend support to Dolev\'s view that investors would be wise to take profits after Coinbase\'s recent stock gains.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002.\nSee the 10 stocks\nStock Advisor returns as of April 15, 2024\nHoward Smithhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n1 Wall Street Analyst Thinks Coinbase Stock Is Going to $145. Is It a Sell?was originally published by The Motley Fool', 'Longest survival follow-up ever reported for immunotherapy treatment in this setting\nWILMINGTON, Del., April 16, 2024--(BUSINESS WIRE)--Updated exploratory results from the TOPAZ-1 Phase III trial showed AstraZeneca’s IMFINZI®(durvalumab) in combination with standard-of-care chemotherapy demonstrated a clinically meaningful long-term overall survival (OS) benefit at three years for patients with advanced biliary tract cancer (BTC).\nThese results from TOPAZ-1, which are the longest survival follow-up ever reported for a global, randomized Phase III trial in this setting, will be presented on April 18 at the 2024 Cholangiocarcinoma Foundation Conference in Salt Lake City, Utah.\nAt more than three years (median follow-up of 41.3 months), results showed IMFINZI plus chemotherapy reduced the risk of death by 26% versus chemotherapy alone (based on a hazard ratio [HR] of 0.74; 95% confidence interval [CI], 0.63-0.87). The median OS was 12.9 months for IMFINZI plus chemotherapy versus 11.3 months for chemotherapy alone. More than twice as many patients on the IMFINZI-based regimen were alive at three years versus chemotherapy alone (14.6% versus 6.9%).\nThe TOPAZ-1 trial met the primary endpoint of OS inOctober 2021at a planned interim analysis, showing that the combination reduced the risk of death by 20% versus chemotherapy alone (based on a HR of 0.80; 95% CI, 0.66-0.97; 2-sided p=0.021 at a statistical significance threshold of 0.03).\nDo-Youn Oh, MD, PhD, Professor, Division of Medical Oncology, Department of Internal Medicine at Seoul National University Hospital and Seoul National University College of Medicine, and principal investigator in the trial, said: "The latest data from TOPAZ-1 show that twice as many patients Last 60 Days of Bitcoin's Closing Prices: [52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-16 Financial & Commodity Data: - Gold Closing Price: $2390.80 - Crude Oil Closing Price: $85.36 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,217,401,788,938 - Hash Rate: 708575761.9190906 - Transaction Count: 454669.0 - Unique Addresses: 743368.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: FrxETHRedemptionTicket, an Ethereum-based NFT collection, has emerged as the top performer in the non-fungible token market over the past 24 hours, with sales reaching US$4.64 million, marking a 480% increase. This sales boost helped propel Ethereum to the top of the day’s blockchain rankings, CryptoSlam data shows. Ethereum collections dominated the charts on Wednesday, as three collections claimed the top three spots. Ethereum’s Azuki collection experienced a 263% increase in sales, amounting to US$1.54 million, the second most in the market, with transactions up by 2.67%. Azuki is the NFT market’s eighth all-time sales leader with US$1.1 billion Bored Ape Yacht Club (BAYC), another Ethereum stalwart, saw a slight uptick of 51% in sales, reaching US$1.51 million for the day’s third rank. On the Bitcoin platform, $JIGO BRC-20 NFTs also enjoyed a rise, with sales climbing 3.65% to US$1.33 million and transactions growing by 92%. Mad Lads, a Solana-based collection that led yesterday’s sales, recorded US$1.32 million with an 18% sales decrease. Despite the dip, Mad Lads managed to stay in the top five. Froganas, another Solana-based collection that topped the rankings earlier this week continued to fall, adding on to Tuesday’s 20% sales decrease. On Wednesday, it barely hung on in the top 10 after dropping 2.8% to US$658,014. The Captainz, an Ethereum-based collection of 9,999 NFTs, trailed close behind at 11th with US$631,276.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks inched higher on Tuesday, despite hawkish comments from Fed Chairman Jerome Powell.\n• Powell noted little progress in combatting inflation, suggesting higher-for-longer interest policy.\n• Treasury bond yields hit another record high for 2024.\nUS stocks were mixed on Tuesday, with equities wavering after the latest comments from Federal Reserve Chairman Jerome Powell cast doubt on the potential for interest rate cuts this year.\nSpeaking during a panel, the central bank chief said that more confidence was needed in the trajectory of US inflation, which has remained stubbornly high in recent readings.\n"More recent data shows solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2% inflation goal," he said.\nHis comments sent long-dated Treasury yields spiking to another 2024 record, indicating that investors are growing convinced about a higher-for-longer monetary regime.\nFed fund futures are nowpricing inthe first rate cut for September, instead of the long-touted June timeline.\n"Fed Chair Powell moved more decidedly in a hawkish direction as he essentially underscored that the downward trajectory of inflation has essentially stalled," Quincy Krosby, \xa0Chief Global Strategist for LPL Financial, said. "Moreover, he made it clear - rather than his more ambiguous stance regarding a rate easing timetable - that the \'higher for longer\' narrative remains intact."\nStocks were propped up throughout the day by strong corporate earnings, with a majority of S&P 500 companies having so far beaten estimates. Rallying on Tuesday were Morgan Stanley and UnitedHealth, which grew nearly 3% and 6%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,051.33, down 0.21%\n• Dow Jones Industrial Average: 37,798.77, up 0.17% (+63.66 points)\n• Nasdaq Composite: 15,865.25, 0.12%\nHere\'s what else is happening today:\n• Donald Trump\'s social media firm is plummeting in markets. Here\'s how hisTruth Social users feel about the steep losses.\n• Theshuttering of a massive Panama mineis a key element behind copper\'s surging price.\n• Gold could jump another 25%on rising geopolitical tensions and falling interest rates, Citi says.\n• A bullishstock market signal just hinted at 19% upsideby August 2025, Bank of America says.\n• A perfect Fed \'no landing\' wouldn\'terase a possible 10% correction stock risk, Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose a modest 0.01% to $85.42 a barrel.Brent crude, the international benchmark, slipped to $89.92 a barrel.\n• Goldincreased by 0.45% to $2,393 per ounce.\n• The 10-year Treasury yield climbed three basis points to 4.663%.\n• Bitcoindropped by 0.9% to $62,998.\nRead the original article onBusiness Insider', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'By Guy Faulconbridge and Lidia Kelly\nMOSCOW (Reuters) -The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.\nTelegram, based in Dubai, was founded by Russian-born Durov, who left Russia in 2014 after he refused to comply with demands to shut down opposition communities on his VK social media platform, which he sold.\n"We\'ll probably cross one billion monthly active users within a year now," Durov, who fully owns Telegram, told U.S. journalist Tucker Carlson according to a video interview posted on Carlson\'s account on the X social media platform.\n"Telegram is spreading like forest fire."\nDurov, who is estimated by Forbes to have a fortune of $15.5 billion, said some governments had sought to pressure him but the app, which has now 900 million active users, should remain a "neutral platform" and not a "player in geopolitics".\nOne of Telegram\'s main rivals, Meta Platforms\' WhatsApp, has more than two billion monthly active users. The Financial Times reported in March that Telegram would likely aim for a U.S. listing once the company had reached profitability.\nTelegram, which is particularly influential in the republics of the former Soviet Union, is ranked as one of the major social media platforms, after Facebook, YouTube, WhatsApp, Instagram, TikTok and Wechat.\nAfter Russia launched its full-scale invasion of Ukraine in 2022, Telegram has become the main source of unfiltered - and sometimes graphic and misleading - content from both sides about the war and the politics surrounding the conflict.\nINFORMATION WARS\nDurov said he came up with the idea of an encrypted messaging app as a way to communicate while he was under pressure in Russia. His younger brother, Nikolai, designed the encryption.\nDurov said he left Russia because he could not accept orders from any government, and dismissed a question about claims that Telegram was controlled by Russia as a false rumour spread by his competitors worried about Telegram\'s growth.\n"I would rather be free than to take orders from anyone," Durov said about his exit from Russia and search for a home for his company which included stints in Berlin, London, Singapore and San Francisco.\nHe said the bureaucracy, especially for hiring global talent, in those places was too onerous and that he was attacked on the street in San Francisco by men who tried to steal his phone.\nMore alarming, he said, he received too much attention from U.S. security agencies including from the Federal Bureau of Investigation (FBI). He said U.S. agencies tried to hire one of his engineers to find a backdoor into the platform. The FBI did not reply to a request for comment out of U.S. business hours.\nWhen it comes to freedom of speech, though, he said the biggest challengers were not governments but major competitors such as Apple and Alphabet\'s Google.\n"Those two platforms, they could basically censor everything you can read, access on your smart phone," Durov said, adding that they had told Telegram that if it failed to comply with their guidelines then it would be removed from their stores.\nHe said he had opted for the United Arab Emirates as it was a "neutral country" that wants to be friends with everyone and was not aligned with any of the superpowers, so he felt it was the best place for a "neutral platform".\nTelegram, he said, was used by both opposition campaigners and governments but would take no sides.\n"The competition of different ideas can result in progress and a better world for everyone," Durov said.\nHe said that, beyond money or Bitcoin, he had no major property such as real estate, jets or yachts, as he wanted to be free.\n(Reporting by Lidia Kelly in Lisbon and Guy Faulconbridge in Moscow; Editing by Christopher Cushing and Mark Potter)', 'Bitcoin(CRYPTO: BTC)gained 116% over the past year amid a resurgence in risk assets driven by an increasingly optimistic economic outlook. Other factors contributing to those returns include the recent approval of spot Bitcoin ETFs and the upcoming halving of Bitcoin mining rewards, estimated to occur on April 16, 2024.\nSeveral Wall Street analysts think those factors will drive the cryptocurrency even higher in the future, but Anthony Scaramucci, Tom Lee, and Cathie Wood are among the most bullish. Their forecasts imply upside ranging from 525% to 5,800% from the current price of $64,000.\nRecently approvedspot Bitcoin ETFsoffer direct exposure to Bitcoin without the friction of cryptocurrency exchanges. That could be a game changer. By letting investors consolidate accounts (i.e., no separate accounts for cryptocurrency) and eliminating high transaction fees, spot Bitcoin ETFs could greatly increase demand.\nMeanwhile, Bitcoin mining rewards will be reduced by 50% in April 2024. Halving events are coded into the blockchain protocol to ensure Bitcoin supply never exceeds 21 million, and they occur about once every four years. The upshot is that, by cutting issuance in half, the event will leave miners with 50% less Bitcoin to sell over the next four years, thereby diminishing selling pressure.\nAnthony Scaramucci is the founder and managing partner at SkyBridge Capital, an alternative asset manager that specializes in hedge funds, digital assets, private equity, and real estate. Scaramucci was an early investor in theiShares Bitcoin ETFbyBlackRock, and he made a few interesting comments during an interview with YouTube host Scott Melker earlier this year.\nWhen questioned about his prediction that Bitcoin could exceed $170,000 by 2025, Scaramucci called it a data-dependent estimate based on Bitcoin consistently quadrupling during the 18-month period following halving events. Reuters quoted a similar comment from Scaramucci ahead of the World Economic Forum\'s meeting in January. "Whatever the price is on the day of the halving in April, multiply it by four, and it\'ll reach that price in the next 18 months."\nBitcoin is now worth $64,000, bringing Scaramucci\'s 18-month forecast to $256,000. Interestingly, there is a precedent for large price increases during the 18 months after halving events.\n[{"Bitcoin Halving": "November 28, 2012", "Price (at Halving)": "$13", "Price (18 Months Later)": "$572", "Return": "4,300%"}, {"Bitcoin Halving": "July 9, 2016", "Price (at Halving)": "$647", "Price (18 Months Later)": "$14,919", "Return": "2,205%"}, {"Bitcoin Halving": "May 11, 2020", "Price (at Halving)": "$8,821", "Price (18 Months Later)": "$65,061", "Return": "638%"}]\nData source: StatMuse, YCharts. Note: Bitcoin prices have been rounded to the nearest dollar.\nScaramucci also told Melker, "My long-term price target is that Bitcoin gets to easily half of the market capitalization of gold." Gold had a market capitalization of $14.5 trillion at the time, so Bitcoin could eventually have a market capitalization of $7 trillion to $8 trillion, according to Scaramucci. That would bring the price to $400,000, implying 525% upside.\nScaramucci concluded by saying, "It would be ridiculous for people not to understand the asset, not to understand the dynamics of it as a store of value, and not to have a position."\nTom Lee is a managing partner and the Head of Research at Fundstrat Global Advisors, a research company that provides insight to institutional investors, wealth advisors, pension funds, family offices, and high-net-worth individuals. Previously, Lee served as chief equity strategist atJPMorgan Chasebetween 2007 and 2014.\nSpeaking on CNBC\'sSquawk Box, Lee recently said Bitcoin could hit $150,000 this year and $500,000 within five years. He pointed to several catalysts to explain his estimate. "You\'ve got demand improving with the [spot Bitcoin] ETF, you have the supply shrinking with the halving, and if monetary policy eases, which we expect, you know that\'s supportive of risk assets," Lee said.\nLee is not alone in thinking Bitcoin can reach $500,000 in the future, a forecast that implies 681% upside from its current price. In 2022,MicroStrategyCEO Michael Saylor said the cryptocurrency could reach half a million in the next decade.\nCathie Wood is the CEO and Chief Investment Officer at Ark Invest, an asset manager focused on disruptive innovation. Last year, Ark published avaluation model that priced Bitcoin near $1.5 million by 2030. The firm updated its estimate following the approval of spot Bitcoin ETFs earlier this year. Wood shed some light on the new outlook at the Bitcoin Investor Day conference last month.\n"The analysis we\'ve done is that if institutional investors were to allocate a little more than 5% of their portfolios to Bitcoin, as we think they will over time, that alone would add $2.3 million to the projection I just gave you," Wood said. In short, Ark believes Bitcoin could reach $3.8 million ($1.5 million plus $2.3 million) as institutions invest in the cryptocurrency, and the firm believes spot Bitcoin ETFs will drive those investments. That estimate implies more than 5,800% upside.\nConsultancy PwC says institutional assets under management (AUM) will reach $145 trillion by 2025. Using that number, Ark\'s model suggests that spot Bitcoin ETFs will capture $8 trillion in institutional assets at some point in the future. That might take a while. Spot Bitcoin ETFs have $56 billion in AUM, but 90% of inflows have come from retail investors. That leaves $6 billion in AUM attributable to institutions, so they would need to up their Bitcoin allocation 1,333-fold to hit Ark\'s threshold.\nAnchoring to forecasts is dangerous. There is absolutely no guarantee Bitcoin moves one penny higher from where it currently trades. However, Bitcoin has outperformed virtually every asset class over the last five years, and the catalysts I discussed could certainly drive its price higher over the next five.\nIndeed, the recent launch of spot Bitcoin ETFs has already been a monumental success. The funds issued by BlackRock and Fidelity saw more inflows during their first month of trading than any ETFs in history, according to Eric Balchunas at Bloomberg. And the iShares Bitcoin ETF by BlackRock reached $10 billion in assets faster than any ETF in history, according toThe Wall Street Journal.\nHere\'s the bottom line: Cryptocurrencies are volatile and there is no guarantee any of them will be worth more in the future. But I think patient investors comfortable with risk should allocate a percentage of their portfolios to Bitcoin. Ark Invest recently published a Sharpe Ratio analysis suggesting an allocation of 19.4% was optimal last year, but I would limit exposure to 5%.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $526,933!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Red-Hot Cryptocurrency to Buy Now. It Could Soar 525% to 5,800%, According to Certain Wall Street Analysts.was originally published by The Motley Fool', 'The firm aims to build a tokenizedstaking marketplace for institutional investors to improve yield performance in their funds\nCOPENHAGEN, Denmark,April 17, 2024/PRNewswire/ --Northstake, a regulated custodial virtual asset service provider offering compliant staking products for institutions, has announced the launch of a tokenizedETHstaking pilot on theEthereumtestnet, Holesky. The pilot is conducted in collaboration with leading digital asset manager 3iQ, a Canadian investment fund manager, alongside CoinFund and CoinDesk Indices, contributing CESR™, the composite ether staking rate. Industry-leading liquidity providers are currently onboarding with Northstake and will be announced shortly.\nNorthstake demonstrates the capability of tokenized staking to allow regulated institutions to liquidate theirEthereumvalidator nodes within hours instead of days, while satisfying regulators\' requirements. Northstake envisions a frictionless marketplace for tokenized Web3 infrastructure and expects the Holesky testnet launch to pave the way for a Mainnet launch later this year.\nPascal St-Jean, President of 3iQ, stated, "We are happy to be an early testing partner with Northstake on tokenizedETHstaking. Our goal is to significantly improve the capital efficiency of ourETHfunds in a regulatory-compliant manner."\nInstitutional interest inEthereumstaking and other digital assets has been steadily increasing over the past few years, with68% of investors indicating intentions to start stakingor increase their staked amounts following theShanghaiupgrade. As ofApril 2024, more than$109 billionworth ofETHhas been staked on the chain, with institutional investors among the largest cohorts of participants. Northstake\'s pilot with 3iQ caters to a specific demand from institutional investors for the rapid liquidation of staked Ether in compliance with regulatory requirements.\nJesper Johansen, Founder and CEO of Northstake, said, "We are looking forward to supporting 3iQ on several initiatives from our stronghold inEurope. In the short term, tokenized staking aims to improve capital efficiency in staking funds by increasing the assets they are allowed to stake. In the long run, tokenized staking opens up unprecedented opportunities for institutions to join a fully regulated marketplace for Web3 infrastructure."\nNorthstake intends to leverage CoinDesk\'s\xa0standardized USD-denominated reference rate for spot Ether and the Composite Ether Staking Rate to ensure transparent settlement prices between buyers and sellers.\nAlan Campbell, President of CoinDesk Indices, commented, "CESR, which the marketplace has adopted for benchmarking,\xa0 OTC derivatives, and research, is ready to\xa0enhance stability and risk management in staking products like those offered by Northstake."\nCoinFund, a Web3 and cryptonative\xa0investment firm and registered investment adviser, recognizes the regulatory considerations that exist for fund managers when engaging in staking.Chris Perkins, President of CoinFund, remarked, "We are excited about tokenized staking as one of the pathways to regulatory-compliant staking for exchange-traded funds like 3iQ and other financial institutions. This is facilitated by having an institutional reference rate for thecryptoasset class,\xa0like CESR."\nAs a next step, Northstake is in talks with digital asset ETF providers and liquidity providers, and is onboarding new partners to expand its offerings and customer base. Additionally, Northstake is actively negotiating the distribution of tokenized staking solutions with leading digital asset custodians.\nSince beginning operations in 2021, Northstake has experienced remarkable growth. Having raised$3Min funding in 2023, the company has since announced collaborations with Fireblocks, Chainalysis,NEAR Protocol,Flare Network, andPolygon. Coupled with its expanding network presence and strong financial backing, the company is well-positioned for further growth and success.\nJesper Johansen, CEO & Founder of Northstake is available for interviews.\nAbout Northstake A/SNorthstake A/Sis a regulated, custodial, virtual asset service provider offering compliant staking products for institutions. Northstake offers a variety of investment vehicles including single, multi-asset, thematic staking, and yield-generating products in addition to a suite of OTC and algorithmic trading services. Based inDenmark, Northstake acts as a bridge between traditional finance and thecryptoworld, simplifying and securing the way institutions invest incrypto. Through its proprietary multi-chaincryptostaking platform, it carves out accessible pathways for investors to build yield-generatingcryptoproducts, giving investors the opportunity to be part of building the economies of tomorrow. Northstake A/S (VASP, FTID: 17520) is regulated under the Danish Financial Supervisory Authority (DFSA) and the 5th EU Anti-Money Laundering Directive (AMLD5) and have recently achieve initial approval for its VASP licens under Virtual Asset Regulatory Authority (VARA) inDubai.\nAbout 3iQFounded in 2012, 3iQ is one of the world\'s leading digital asset investment fund managers, offering investors convenient and familiar investment products to gain exposure to digital assets. 3iQ Corp. was the first Canadian investment fund manager to offer publicbitcoininvestment funds: TheBitcoinFund, and the 3iQBitcoinETF, as well as public ether investment funds: The Ether Fund, and the 3iQ Ether Staking ETF. To learn more, visit3iq.io.\nAbout CoinFundCoinFund is one of the world\'s first cryptonative investment firms and a registered investment adviser founded in 2015. The firm champions the leaders of the new internet, powered by foresight as active investors to achieve extraordinary outcomes. CoinFund invests in seed, venture, and liquid opportunities within the blockchain sector with a focus on digital assets, decentralization technologies, and key enabling infrastructure. For more information, visitCoinFund.io,LinkedInor join us onX.\nAbout CoinDesk IndicesCoinDesk Indices has led the digital asset revolution, empowering global investors since 2014. Our indices are the cornerstone of the largest digital asset products worldwide. Precision-driven and compliant, indices like the CoinDesk 20 set the standard for measuring, trading, and investing incrypto. Over$30Bin assets are benchmarked to CoinDesk Indices\' products. CoinDesk Indices\' trend signals empower smart beta and alpha-seeking strategies. Ready to achieve your digital asset goals? Visit coindeskmarkets.com for more.\nView original content:https://www.prnewswire.com/news-releases/northstake-announces-tokenized-staking-on-ethereum-testnet-with-3iq-coinfund-and-coindesk-indices-302119375.html\nSOURCE Northstake', 'Metaverse Market\nDublin, April 17, 2024 (GLOBE NEWSWIRE) -- The"Metaverse - Global Strategic Business Report"report has been added toResearchAndMarkets.com\'soffering.Global Metaverse Market to Reach $980.5 Billion by 2030The global market for Metaverse estimated at US$90 Billion in the year 2023, is projected to reach a revised size of US$980.5 Billion by 2030, growing at a CAGR of 34.8% over the analysis period 2023-2030.\nThe concept of "phygital" represents the convergence of the physical and digital worlds, marking a significant milestone in humanity\'s journey towards digitalization. At the forefront of this evolution is the metaverse, a virtual space where individuals interact and engage with digital environments in real-time.\nMetaverse Software, one of the segments analyzed in the report, is projected to record 33.9% CAGR and reach US$588.9 Billion by the end of the analysis period. Growth in the Metaverse Hardware segment is estimated at 37.9% CAGR for the next 8-year period.\nThe metaverse holds immense importance as it blurs the lines between reality and virtuality, offering endless possibilities for communication, commerce, and entertainment. Signs indicate that the metaverse is rapidly gaining traction, with various stakeholders eyeing its potential. The metaverse value chain comprises key constituents such as technology providers, content creators, and platform operators, all contributing to its growth. The market outlook for the metaverse is promising, driven by factors like the dominance of desktop platforms and the gaming sector.The U.S. Market is Estimated at $38.5 Billion, While China is Forecast to Grow at 38.5% CAGR\nNorth America leads the charge in the metaverse market, with significant contributions from companies across the globe. Recent market activity reflects the growing momentum towards building the future of the metaverse, with influencers offering valuable insights into its potential and trajectory.The Metaverse market in the U.S. is estimated at US$38.5 Billion in the year 2023. China, the world\'s second largest economy, is forecast to reach a projected market size of US$128.3 Billion by the year 2030 trailing a CAGR of 38.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 30.4% and 31.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 33.8% CAGR.Key Attributes:\n[{"Report Attribute": "No. of Pages", "Details": "475"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2030"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$90 Billion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2030", "Details": "$980.5 Billion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "34.8%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}]\nMETAVERSE - WATCHING THE FUTURE AS IT UNFOLDS TODAY\n• The Future Has Arrived. Physical & Digital Worlds Converge to Mark the Consummation of Humanity\'s Tryst With Digital\n• "Phygital" is the New Era\n• A Peek Into All Things "Phygital"\n• What is Metaverse & Why is it Important?\n• Who\'s Eyeing the Metaverse?\n• Signs that the Metaverse is Catching Up\n• The Metaverse Value Chain\n• Main Constituents of Metaverse Value Chain\n• Global Market Prospects & Outlook\n• Halcyon Days Ahead for Metaverse Market with Salient Drivers & Opportunities\n• Desktop to Emerge Into a Dominant Platform for Metaverse: Global Metaverse Market Share Breakdown (In %) by Platform for Years 2020 and 2027\n• Gaming to Remain the Largest Application Area for Metaverse: Global Metaverse Market Share Breakdown (In %) by Application for Years 2020 and 2027\n• North America Remains at the Heart of Metaverse Market\n• Competition\n• Metaverse - Global Key Competitors Percentage Market Share in 2023 (E)\n• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)\n• Companies Contribute to Building Future of Metaverse\n• Recent Market Activity\n• Influencer Insights that Matter the Most: Here are What Top Voices are Saying About the Emerging Concept of Metaverse & Its Future\nMARKET TRENDS & DRIVERS - WHAT\'S BUZZING IN THE MARKET\n• From Sci-Fi to Reality! What Are the Technologies "Under the Hood" That Are Powering the Metaverse?\n• AR/VR/MR/XR in the Spotlight\n• As AR/VR Technologies Evolve, Successful Implementation of These Technologies in the Metaverse to Gain Momentum\n• AR Glasses Are Vital for Creating Our Futuristic Mixed Reality Universe: Global Market for Smart Augmented Reality (AR) Glasses (In \'000 Units) for the Year 2021, 2023, 2025 and 2027\n• Powering the Metaverse with Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR): Global AR, VR & MR Market (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Artificial Intelligence (AI) Is Indispensable in Creating the Metaverse\n• Role of AI in the Metaverse\n• Artificial Intelligence (AI) to Provide the Smart Platform & Allied Functionalities for the Metaverse: Global AI Annual Revenues (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Digital Twins Also Features in the Metaverse Technology Mix\n• Role of Digital Twins in the Metaverse\n• Digital Twins Helps Converge the Physical & Digital in the Metaverse: Global Opportunity for Digital Twins (In US$ Million) for Years 2021, 2023, 2025 & 2027\n• The Internet & Its Decades of Evolution Provides the Foundation for the Metaverse\n• Success of Metaverse & Its Scale of Impact Depends Upon Extensiveness of Optical Fiber Based Broadband Network Architecture: Global Opportunity for Fiber to the X (In US$ Billion) for Years 2021, 2023, 2025 and 2027\n• Rapid Developments in 5G Technology Space to Fastrack Metaverse Initiatives\n• Metaverse: The Latest Tech Trend Poised to Transform Businesses\n• Top Trends That Will Impact Metaverse in 2022 and Beyond\n• Buzzing Trends with Potential Role in Ensuring Strong Foundation for Metaverse\n• Venture Capital Funding Craze Settles Down on Metaverse\n• Venture Capitalists Focus on Metaverse Industry\n• Facebook\'s Decision to Change Name to "Meta" Marks the Beginning of Metaverse as a New Revolution in Social Technology\n• How Can Facebook (Meta) Benefit from Creating New Immersive Digital Experiences?\n• Metaverse to Impact Consumer Lives & Industry to Become an Integral Fabric of Society & Industry. Here\'s Why Businesses Should Care About Metaverse\n• Scale of Impact Too Unprecedented to Ignore!\n• Metaverse in Manufacturing. A Factory in the Metaverse What Benefits Will it Bring?\n• Microsoft Right on Track to Build the Future Metaverse\n• Immersive Digital Twins to Offer Increased Business Value to Enterprises\n• Metaverse, What Does it Mean for Future of Work\n• The Future of Work Isn\'t What It Used to Be! Here\'s How It Has Come to Pass\n• How Has the Workforce Changed?\n• Returning to the Office: % Share of Employees Preferring Various Types of Work Arrangements\n• Maybe the Most Interesting Change is Yet to Come? Are We Ready to Shift from WFH to WFM?\n• Make Way! Here Comes Metaverse Gaming\n• Video Games: The Earliest Known Experience of Living in a Simulation\n• With Rapid Growth of Video Games Industry, Metaverse Breaking into Gaming Industry to Translate into Enormous Market Opportunity: Global Opportunity for Video Games (In US$ Billion) for Years 2021, 2023, 2025 & 2027\n• Will Gaming in the Metaverse Be Any Different From the Immersive Gaming We All Have Come to Know, Experience & Appreciate?\n• Will "Crypto" Become the Currency of the Metaverse?\n• What is Cryptocurrency & How Is it Used Today?\n• Top Cryptocurrencies Worldwide by Market Capitalization ($ Million) as of Aug 2022\n• A New Role for Crypto as the Trading Currency in the Metaverse\n• Here\'s Why Cryptocurrencies Lie at Heart of Metaverse\n• Blockchain & Crypto are Perfect Fit for Metaverse\n• Metaverse Developments Trigger Massive Price Gains/Surge for Cryptocurrencies\n• Metaverse is Poised to Emerge Into the Future of Social Media\n• Here\'s How Social Media Has Become an Integral Part of Our Lives?\n• What Will Be the Impact of Metaverse On Social Media?\n• NFTs Emerge as the New Revenue Model for Metaverse\n• Brands Scramble to Create Their Own NFTs - Here\'s Why\n• Role of Blockchain in Metaverse Gets Bigger as NFTs Grow?\n• Blockchain Rises like a Phoenix from the Ashes of Bitcoin\n• Metaverse Without Blockchain. Is It Even Possible?\n• It is Increasingly Clear that Metaverse Cannot be Built Without Blockchain Technology: Global Opportunity for Blockchain Technology (In US$ Billion) for Years 021, 2023, 2025 and 2027\n• The Direct to Avatar Economy (D2A) is it the Future of Direct-to-Consumer (DTC)?\n• Direct Marketing & Its Benefits as We Know It Today\n• How Will Metaverse Change this Status Quo?\n• How Should Retailers/Brands Adopt?\n• The Low Hanging Fruit. A Decade Long Robust Growth Has Ripened e-Commerce as the Prime Area for Monetization in the Metaverse\n• The Spectacular Rise of eCommerce and mCommerce: A Review\n• Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023\n• Will Metaverse Take e-Commerce to the Next Level?\n• Here\'s How Metaverse Will Transform E-Commerce & Retail\n• Are e-Commerce Experiences Ready for the Metaverse & How Can Marketers & Brands Prepare for the Metaverse?\n• Meta Provides an All-Inclusive Study for Students\n• Metaverse is Changing the Consumer Goods and Retail industry\n• Metaverse, Cybersecurity & Privacy. How Will This Landscape Look Like?\n• Systemic Threats Could Debilitate Metaverse\n• Sprucing up Metaverse to Overcome Privacy Blockers\n• Risks of Identity Fragmentation and Data Privacy concerns Necessitate DeFi Networks\n• Will Metaverse Save the World? Exploring Metaverse & its Promise of Enabling Sustainability\n• Metaverse Claims to Aid Humanity Achieve Sustainability Goals\n• Environmental Benefits of Metaverse\n• Spatial Computing to Mitigate Climate Change\n• Amid the Hype Surrounding Metaverse & Environmental Sustainability, What\'s the Real Truth? What is the Carbon Footprint of the Metaverse?\n• NFTs Mired under Climate Controversy\n• The Exhaustive Process of Creating a Cryptocurrency is Energy Intensive & Detrimental to the Goals of Sustainability: Energy Consumed (In Kilowatt Hours) Per Cryptocurrency Transaction\n• Major Challenges Facing Metaverse\n• Hype Aside. Metaverse Will be a Challenging Environment/World to Create?\n• Why Metaverse Should be Open Source?\nFOCUS ON SELECT PLAYERS(Total 90 Featured)\n• Accenture PLC\n• Adobe Inc.\n• Capgemini SE\n• EON Reality, Inc.\n• Alibaba Group Holding Limited\n• Deloitte Touche Tohmatsu Ltd.\n• Alibaba Cloud\n• 3i Inc.\n• Animoca Brands\n• Antier Solutions Pvt Ltd\n• Decentraland\n• Appinventiv\n• DevDen Creative Solutions\n• Electronic Arts, Inc.\n• Dapper Labs Inc.\nFor more information about this report visithttps://www.researchandmarkets.com/r/lp1d6v\nAbout ResearchAndMarkets.comResearchAndMarkets.com is the world\'s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\nAttachment\n• Metaverse Market\nCONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900', "• Ether's 90-day puts are more expensive than calls on Deribit for the first time since January, according to Amberdata.\n• The sentiment is relatively bullish in the bitcoin options market.\nCrypto investors are now betting that Ethereum's native token, ether {{ETH}}, will drop in value over the next three months.\nThat's the message from the call-put skew, an options-market measure that reveals what traders are willing to pay to hedge or acquire an asymmetric payout from bullish or bearish price moves.\nThe three-month ETH call-put skew flipped negative early today for the first time since January, indicating a bias for put options expiring in 90 days, according to data source Amberdata and crypto exchange Deribit. Puts offer protection to the buyer against price slides, while calls do the opposite.\nETH's 60-day skew fell to -3%, the lowest since October, following the seven-day and 30-day gauges lower.\nSentiment in the bitcoin market, however, remains relatively bullish. The 60-, 90- and 180-day BTC calls remain more expensive than puts. Ether's 180-day skew also shows a slight bullish bias.\nThe relative bearish pricing in the ether options market is consistent with the recentdeath cross patternin the ether-bitcoin ratio, which signaled protracted ether underperformance.", "New York City, NY, April 17, 2024 (GLOBE NEWSWIRE) -- The markets have been bleeding out over the past couple of days, with both\xa0Bitcoin\xa0(BTC) and\xa0Ethereum\xa0(ETH) experiencing a 2% dip in their prices. However, amidst this downturn,Furrever Token(FURR)has emerged as a bright spot, surpassing the significant milestone of $800,000 during its sixth presale stage. This contrast highlights the dynamic nature of the cryptocurrency landscape, where while some major players face temporary setbacks, newer projects like FURR demonstrate resilience and potential for growth.\nBitcoin Faces Geopolitical Headwinds Amidst Price Volatility: Dipped 3.4% Since Yesterday\nBitcoin's recent attempt at recovery was abruptly halted yesterday afternoon following renewed geopolitical risks, causing the digital asset to turn downwards once again. The largest cryptocurrency witnessed a 3.4% decline, retracing its gains from the previous day and closing around the $63,400 mark. Today, Bitcoin briefly dipped to the $61,000 range before bouncing back to the $63,000 zone with the opening of the European session. Amidst continued volatile movements in the Bitcoin market, significant liquidations persist in futures crypto trading, with $274 million worth of positions closed in the past 24 hours, 200 million of which were long positions, indicating investors' maintained optimism despite the downward trend.\nExternally-driven news dominates the Bitcoin market, with a brief upward movement towards $66,000 seen after the Hong Kong news yesterday, but this positive development was short-lived. However, investors are keeping a close eye on the upcoming halving event scheduled for April 20th, anticipating its potential impact on Bitcoin's supply dynamics and market sentiment.\nEthereum Faces Crucial Support Levels Amid Market Turmoil\nAmidst a widespread selloff in the cryptocurrency market, Ethereum (ETH) faces scrutiny as its price dips by 2% to approximately $3,059, according to coinmarketcap.com. With attention turning to critical support levels, renowned crypto analyst Ali Martinez highlights a pivotal zone between $2,000 and $2,430, where 9.37 million addresses collectively hold nearly 53 million ETH. Martinez's analysis underscores the significance of this range in determining Ethereum's price direction amidst market volatility.\nDespite the downturn, optimism persists within the crypto community, buoyed by recent regulatory approvals such as Hong Kong's green light for Bitcoin and Ethereum ETFs. Moreover, the anticipation surrounding the upcoming Bitcoin Halving event adds intrigue, although concerns over short-term volatility linger. As investors navigate uncertain terrain, Martinez's insights offer valuable guidance, emphasizing the importance of monitoring market dynamics and expert analyses.\nAmidst the price dip, Ethereum's one-day trading volume remains near the flatline at $22.42 billion, with the ETH price down 7.48% over the last 24 hours and nearly 16% over the last seven days. The Ethereum Futures Open Interest has also declined by 6.01% to $10.91 billion, indicating ongoing market turbulence.\nFurrever Token (FURR): Riding the Wave of Market Downturn with Resilience\nDespite the broader market downturn,Furrever Token (FURR)stands out as a beacon of resilience, navigating the choppy waters of the crypto landscape with unwavering momentum. Surpassing the significant milestone of $800,000 during its sixth presale stage, FURR demonstrates a remarkable ability to thrive amidst market volatility. This success can be attributed to the project's unique value proposition, centered around infusing the crypto space with an irresistible dose of cuteness. By leveraging the universal appeal of adorable cat imagery, FURR offers users a one-of-a-kind experience that transcends traditional use cases, capturing hearts and garnering enthusiastic support from its growing community.\nAt the heart of FURR's appeal lies its commitment to creating a whimsical and heart-warming crypto ecosystem. From cute cat-themed stickers and emojis to captivating visuals, every aspect of the project is meticulously designed to evoke joy and foster a sense of camaraderie among users. This emphasis on community building extends beyond mere aesthetics, as FURR actively cultivates a warm and inclusive environment where members can connect, share experiences, and revel in the shared love for all things adorable.\nCentral to FURR's success is the active engagement of both its team and community members. With a shared vision and a passion for spreading happiness through crypto, the FURR community is united in its pursuit of creating a more enjoyable and fulfilling experience for all participants. Whether through lively discussions on social media channels or collaborative efforts to support the project's growth, every member plays a vital role in shaping the future of Furrever Token.\nAs of now, FURR is trading at a price of $0.00048 and holds the potential for up to 15X returns, offering investors an enticing opportunity to capitalize on its unique value proposition and strong community engagement.\nIs Furrever Token (FURR) Legit?\nFurrever Token (FURR) boasts legitimacy with an audited smart contract, a planned PancakeSwap launch, and no buy/sell tax. Team token lock-up and community-driven governance further enhance credibility. With nearly 4,000 Telegram members,[email protected] the sole trusted email address for communications, safeguarding against potential scams.Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, April 17, 2024 (GLOBE NEWSWIRE) -- The markets have been bleeding out over the past couple of days, with both\xa0Bitcoin\xa0(BTC) and\xa0Ethereum\xa0(ETH) experiencing a 2% dip in their prices. However, amidst this downturn,Furrever Token(FURR)has emerged as a bright spot, surpassing the significant milestone of $800,000 during its sixth presale stage. This contrast highlights the dynamic nature of the cryptocurrency landscape, where while some major players face temporary setbacks, newer projects like FURR demonstrate resilience and potential for growth.\nBitcoin Faces Geopolitical Headwinds Amidst Price Volatility: Dipped 3.4% Since Yesterday\nBitcoin's recent attempt at recovery was abruptly halted yesterday afternoon following renewed geopolitical risks, causing the digital asset to turn downwards once again. The largest cryptocurrency witnessed a 3.4% decline, retracing its gains from the previous day and closing around the $63,400 mark. Today, Bitcoin briefly dipped to the $61,000 range before bouncing back to the $63,000 zone with the ope Last 60 Days of Bitcoin's Closing Prices:* [51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-17 Financial & Commodity Data: - Gold Closing Price: $2371.70 - Crude Oil Closing Price: $82.69 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,315,687,450 - Hash Rate: 588332602.3206996 - Transaction Count: 385606.0 - Unique Addresses: 661886.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for masterminding a fraud that cost investors, lenders and customers $11bn (£8.7bn). At a sentencing hearing in New York, Judge Lewis Kaplan said Bankman-Fried had shown “never a word of remorse for the commission of terrible crimes” and “exceptional flexibility with the truth” during the trial. If he serves his full sentence, the one-time “Crypto King” will be 57 years old by the time he leaves prison. Judge Kaplan told the 32-year-old, who stood in court wearing beige prison overalls, that his “punishment must fit the seriousness of the crime”. Bankman-Fried, who had pleaded not guilty, had faced apossible sentence of up to 110 years in prison, while US prosecutors had called for between 40 and 50 years. On Thursday, Judge Kaplan said Bankman-Fried’s crimes contributed to losses to $8bn in customers losses and around $3bn for investors and lenders. He also declared Bankman-Fried had attempted to tamper with a witness in the run up to the trial and had given false evidence to the court. He added of Bankman-Fried’s witness testimony: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” The prison term comes after Bankman-Fried wasfound guilty of syphoning off billions of dollars in customer funds from FTXto fund high risk investments and luxury purchases. The jury took just four hours to find him guilty on all counts in November Speaking ahead of the sentencing, Bankman-Fried said he “made a lot of mistakes” and “caused a lot of damage”. He added: “My useful life is probably over.” His lawyers said he plans to appeal the jury verdict. The rise of FTX, at one point valued at $32bn,made Bankman-Fried a billionaire by the age of 30. The cryptocurrency business, which enjoyed celebrity endorsements from the likes of American football star Tom Brady, was the second biggest cryptocurrency exchange prior to its collapse. FTX filed for bankruptcy in late 2022 after a multibillion-dollar black hole was uncovered in its accounts, and Bankman-Fried was quickly arrested in the Bahamas before being extradited to the US. During the trial, the jury heard how FTX executives engineered a secret software back door to divert customer cash for funding high risk deals at a sister hedge fund. Bankman-Fried was also accused of spending millions of pounds on property in the Bahamas and on political donations. A self-proclaimed “effective altruist”, Bankman-Fried supposedly intended to make as much money as possible to give to good causes. However, at last year’s trial his former friends and colleagues, including his ex-girlfriend Caroline Ellison, gave evidence against him after pleading guilty to US prosecutors. Bankman-Fried, however, insisted on his innocence and protested he had simply made mistakes. On Thursday, he admitted customers had suffered and apologised to former colleagues, adding the failure of the business “haunts me every day”. Bankman-Fried’s lawyers pleaded fora more lenient sentencebecause of their client’s alleged autism, mental health and philanthropic endeavours. Speaking to the court on Thursday, they raised his veganism during a final plea to the judge, and called the former FTX boss an “awkward math nerd” and a “beautiful puzzle”. They had suggested a penalty of less than six years behind bars. In a filing earlier this month, they accused US officials of a “medieval view of punishment… a death in prison sentencing recommendation”. On Thursday, his lawyer, Marc Mukasey, insisted Bankman-Fried was “not a ruthless financial serial killer”. His lawyers had insisted his crimes did not compare to those of financier Bernie Madoff, who was sentenced to 150 years in prison in 2009 for his operation of a decades-long, $65bn Ponzi scheme. They also protested that many FTX customers would be returned much of the money they had deposited with the exchange prior to its collapse. Despite filing for bankruptcy, many of FTX’s investments and assets have since soared in value asthe price of Bitcoin has spiked. It also holds an investment in fast-growing artificial intelligence start-up Anthropic. In sentencing remarks, Judge Kaplan dismissed this argument. He said: “The assertion that customers and creditors will be paid in full is misleading.” He added: “A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole.” Many customers have had their savings locked up for over a year, disrupting their lives and putting them in financial peril. While the value of Bitcoin has climbed in recent months to more than $70,000, the bankruptcy estate only expects to pay out customers at the price of their digital coins as of November 2022, with FTX creditors arguing they effectively be short changed. Among hundreds of victim statements, one testified: “My whole life has been destroyed. I have two young children, one born right before the collapse. I still remember the weeks following where I would stare blankly into their eyes, completely empty inside knowing their futures have been stolen through no fault of our own.” Thanks for joining us and do tune in again next week after the Easter bank holiday weekend. Boots has said weight-loss is the most popular and fastest growing service on its ‘Online Doctor’ website, as people race to try to get their hands on obesity drugs. The company, which runs virtual consultations via its ‘Online Doctor’ website to prescribe people treatments including contraceptive pills, said weight-loss was its most in-demand service. Drugs such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro are available via the website, although they are prescription only with people going through clinical assessments to see if they need treatments. Boots says it also offers 10-week weight loss programmes and WeightWatchers offers to those with excess weight. Obesity jabs have, however, been in huge demand over the past year after studies suggest people can lose a fifth of their weight. Boots said sales were up in its retail stores by 5.9pc in the three months to the end of February. London stocks ended the March quarter on a buoyant note, boosted by a positive update from sportswear retailer JD Sports. The FTSE 100 was up by around 0.3pc, while the FTSE 250 gained 0.4pc, coming as data confirmed that Britain’s economy entered shallow recession in 2023. JD Sports on Thursday hit an almost-three month high, with shares jumping by 16pc on signs the sportswear market was not worsening. The company said profits would be in line with its guidance from January, when it was forced to slash forecasts following weaker Christmas sales. Peel Hunt analysts said they expected that “things will get better as the comp eases, shoppers find their feet, and crucially, a more compelling product pipeline emerges”. Meanwhile Adnams has hired the first female chief executive in its history, promoting Jenny Hanlon from the CFO post. The Suffolk beer and spirit company, which was founded in 1872, said Ms Hanlon would be taking over from Andy Wood at its annual general meeting in June. Ms Hanlon said: “This is a hugely exciting time to be taking the reins from Andy.“The Adnams brand is cherished and championed by colleagues and customers, in its heartland of the East of England, across the wider UK and throughout dozens of countries around the world.” It comes weeks after the brewer said it had hired advisors to explore funding options for its future growth plans, pointing to challenges across the hospitality and brewing industries. Superdry is looking at options to exit the London market, after it said its founder would not make a takeover offer but could seek to delist the company. The retailer said Julian Dunkerton, who is also its chief executive, was no longer in talks over a take-private deal, citing the “ongoing work on its turnaround plan and material cost saving options” which meant they had concluded this was not the right move. However, Superdry said Mr Dunkerton remained in talks over a possible seperate transaction, by which it would look to raise fresh cash from shareholders, including potentially its founder. This possible fund-raise would be fully underwritten by Mr Dunkerton which would provide extra cash for its turnaround plans. It would be at a “very material discount” to its current share price and be conditional on the company delisting. Chinese property giant Country Garden has delayed the release of its results as the country’s housing crisis escalates. Country Garden said it would not be able to publish its results on time, meaning its shares are expected to be suspended from next Tuesday. It blamed the “continuous volatility of the industry” for the delay, saying: “The operating environment the group is confronting is becoming increasingly complex.” Country Garden said it needed more time to collect information to make the appropriate account estimates and judgments in its results. It follows turmoil in the Chinese housing market, which has been rocked by a spate of bankruptcies following a regulatory crackdown in the country on how much developers could borrow. The price of Bitcoin is up around 2pc and trading at north of $70,000, close to record highs achieved earlier this month. The recovery in the price of digital currencies was a key talking point during the trial as Bankman-Fried’s lawyers argued his victims could likely get much of their money back. Having been sentenced, the FTX founder has also been ordered to forfeit $11bn he stole as part of the crime. Bankman-Fried stood with his hands together before him as the sentence was read out. The convicted fraud’s lawyers had sought to insist his crime was not akin to that of Bernie Madoff, the financier whose Ponzi scheme cost investors billions. Madoff was sentenced to 150 years in prison. Sam Bankman-Fried has been sentenced to 25 years in prison. Handing out his sentence, Judge Kaplan said it is the judgment of the court that you are sentenced to 240 months then consecutive 60, for a total of 300 months, equating to 25 years. Judge Kaplan said that Sam Bankman-Fried was “evasive” when he told lies and “hair splitting - trying to get prosecutors to rephrase questions for him”. He said: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” Judge Kaplan is speaking again. He said Bankman-Fried is “a high achieving autistic person”. He added that Bankman-Fried “had been exceptionally ambitious” and “wanted to be a hugely politically influential person in his country”. Judge Kaplan said that “this was a huge financial crime”. He added that Bankman-Fried was a “man willing to flip a coin as to the continued existence of life on earth”. Bankman-Fried was aware that “Alameda [FTX’s sister hedge fund] was spending customer funds on risky investments, political contributions and Bahamas real estate”, the judge said. “The funds were not his to use.” He added: “He knew it was wrong... He knew it was criminal. He regrets that he made a very bad bet about the likelihood of getting caught - but he is not going to admit a thing, as is his right.” Assistant United States Attorney Nicolas Roos told the Manhattan Court that victims of Bankman-Fried’s fraud “lost their life savings”. He described the financial instability faced by a man who lives in Portugal whose daughter was born the day before FTX’s bankruptcy. He talked about a 23-year-old eldest son in Morocco who kept money on FTX “not to loan it out to the defendant”. He said the defendant took $1.7bn from investors, which taken alone necessitates a long sentence. He said: “Some get 40 or more years for that alone.” He added: “You have the defendant’s cost / benefit analysis which would allow him to do it again... if Bankman-Fried thought mathematics justified it, he’d do it again.” Bringing a close to his statement at the hearing, Sam Bankman Fried said customers “will finally get paid” the current value of assets following the collapse of FTX. He said he understands how prosecutors the court and the media view him adding: “I was trying to help - that’s not how the prosecutors saw it... that’s that.” He said he customers, lenders and investors would receive the “current value of assets” from FTX and he wished he “had been able to do more to help that”. He ended: “There is an opportunity to do what I thought I would do for the world, not what I ended up doing. “If people do what they can for the world, hopefully I can see their success not just my own failures. Thank you.” Sam Bankman-Fried has admitted he was “responsible at the end of the day” for the failure of FTX customers. He told the court in Manhattan during his sentencing hearing that the trading platform’s users “mostly have been failed, by more people than I can count, not least of all myself”. He said: I was the CEO of FTX, I was its leader, that means I was responsible at the end of the day. Sam Bankman-Fried admitted he “made a lot of mistakes” as he spoke during his sentencing hearing which could result in him facing decades behind bars. He admitted that customers “weren’t paid back” and that his FTX cryptocurrency exchange “didn’t survive that”. He acknowledged his actions had “caused a lot of damage” and admitted customers “could have been paid back”. He said the liquidity crisis at FTX, which led to its collapse, “was in part my doing”. Sam Bankman-Fried is addressing the courtroom for the first time at his sentencing hearing. The disgraced crypto tycoon said he does not know whether “the most important thing today is my emotion life or hypothetical future kids”. He said he agreed with most of what victim Sunil Kavuri told the court earlier in the hearing about “what they’ve gone through”. He said he “threw away” what his colleagues at FTX had built. “They were let down. I’m sorry about that,” he told the court. “I’m sorry about what happened at every stage. Things I should have done and said, thing I shouldn’t have. I care about everything too.” Barbara Fried, the mother of FTX’s former chief executive Sam Bankman-Fried, believes her son is misunderstood, his lawyer has said. Marc Mukasey told the Manhattan Court that his client “never sought out to be the king of crypto” and just “wanted to have the largest positive impact in the world”. He added: His mother says there’s a terrific sadness at his core. Sam Bankman-Fried’s lawyer Marc Mukasey said his client is “an awkward math nerd”. He told the court: “He’s into veganism. He has an off the chart intellect. He is a beautiful puzzle. “He can parse words better than a Talmudic scholar. He was a billionaire unconcerned about material possessions.” Sam Bankman-Fried’s lawyer Marc Mukasey said Sam Bankman-Fried “did not want to personally inflict pain on anyone in any way” as he carried out his fraud. He told the Manhattan court that Bankman-Fried “was not a ruthless financial serial killer. He wasn’t predatory”. He said: “He makes decisions with math in his head, not malice in his heart.” Victim Sunil Kavuri is now addressing the Manhattan courtroom, having flown in from London. He said at least three people have died by suicide as a result of the FTX fraud. He said: I’d like to address the argument that the loss was zero. They continue to claim that in the media. It is false. Mr Kavuri said the token is being sold to FTX’s own clients - Galaxy - and it is “destroying customer value”. “This is our property,” he said. He added: “What I feel, how it relates to Sam, it has hurt me. Other co-conspirators, aiders and abetters, need to be held accountable.” Judge Kaplan has indicated that the sentencing he hands out will be severe. He said he finds that the Mr Bankman-Fried “gave perjured testimony at trial” and “falsely testified that until the Fall of 2022 he had no knowledge that Alameda had spent FTX customer funds”. “He falsely testified that he first learned of the $8bn in October 2022.” Judge Kaplan said: “Finally he falsely testified that repayment of third party loans by Alameda would require Alameda to borrow more customer funds from FTX.” He added: “I have limited my findings on obstruction to support the finding - there may be more. “The total offense level is 60 - once you cross 43, it cannot go higher. The guideline is life in prison. But the maximum is 1,320 months in this case.” Judge Kaplan said that Sam Bankman-Fried’s texts to a former general counsel “did in fact constitute attempted witness tampering”. Prosecuters said the crypto tycoon reached out to the “current general counsel of FTX US who may be a witness at trial”. Judge Kaplan said: “On obstruction of justice, I find that Mr. Bankman-Fried’s text to the former general counsel did in fact constitute attempted witness tampering.” Judge Kaplan has begun speaking in the Manhattan Court, rejecting the defence’s argument that Sam Bankman-Fried’s fraud was in fact a victimless crime. He said the assertion that customers and creditors will be paid in full “is misleading,” adding that the defendants equate loss with dollar volume in the bankruptcy case. He said investors and lenders were also injured parties. He said: “The crimes here included taking FTX customer money to which defendant had no right and using it no speculative investments by Alameda and a variety of other things.” He added that a “fortuitous run-up in the value of some cryptocurrencies bears no relation to the gravity of the crimes that were committed”. He said: “A thief who takes his loot to Las Vegas and successfully bets is not entitled to a sentencing reduction.” That is the case even if it is paid back. Judge Kaplan said that the suggestion “that people will be paid back is speculative”. He finds that the loss amount readily exceeds $550m, which is the top tier. He found investors lost $1.7bn, lenders lost $1.3bn, and customers lost $8bn. John Ray, FTX’s current chief executive, told the US court last week that Bankman-Fried’s claims that the failure of FTX was effectively victimless are “categorically, callously, and demonstrably false”. In a witness statement ahead of sentencing, Mr Ray, a restructuring expert who handled the failure of Enron, wrote: “Customers still will never be in the same position they would have been had they not crossed paths with Mr Bankman-Fried and his so-called brand of ‘altruism.’” He added: Mr Bankman-Fried continues to live a life of delusion. Sam Bankman-Fried has arrived in Manhattan District Court wearing light brown jail uniform. The courtroom is full. His parents arrived earlier this afternoon. Victims of the FTX fraud have provided hundreds of witness statements to the Manhattan Court ahead of the sentencing hearing, detailing the impact its failure and their frozen funds have had on their lives. Many are furious their funds have been out of reach even as cryptocurrency prices have surged. “I experienced a significant loss due to the crimes that caused the FTX collapse. They were not victimless,” writes one. “They significantly impacted my and my family’s financial stability.” Another says: “Our faith in FTX, bolstered by SBF’s celebrity and political endorsements, has been shattered, leaving us to suffer the consequences of his actions. The ordeal has underscored the reality of our misplaced trust and the ongoing struggle to recover from this financial setback.” A third writes: My whole life has been destroyed. I have two young children, one born right before the collapse. Barbara Fried, the mother of FTX’s former chief executive Sam Bankman-Fried has arrived at Manhattan District Court for his sentencing. Ahead of today’s hearing, Sam Bankman-Fried’s lawyers have been arguing for a lenient jail term of as little as six years, writesMatthew Field. In legal filings, Mr Bankman-Fried’s lawyers have urged the judge to implement a more lenient sentence because of his client’s autism, mental health and philanthropic endeavours. His lawyers described calls by prosecutors for a 100-year sentence as “barbaric” and “grotesque”. “Sam suffers from anhedonia, a severe condition characterised by a near-complete absence of enjoyment, motivation, and interest,” the filing said. “He has been that way since childhood.” Thames Water’s leadership must “carry the can” for the company’s shortcomings and not pass higher bills onto consumers after successive management teams failed to invest enough, Michael Gove has said. Asked about the water company by broadcasters, the Communities Secretary said: I think the leadership of Thames Water has been a disgrace. I think for years now we have seen customers of Thames Water taken advantage of by successive management teams that have been taking out profits and not investing as they should have been. Today’s sentencing comes after Bankman-Fried was found guilty of seven charges of fraud and conspiracy by a Manhattan jury in November, after deliberating for just four hours. Our senior technology reporterMatthew Fieldhas a recap of of the legal proceedings: The guilty verdict followed amonth-long trialwhere former FTX executives pleaded guilty to fraud charges and testified against him. Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is awaiting his sentencing today over his conviction for stealing $8bn from customers of the now-bankrupt FTX exchange he founded. The 32-year-old faces the prospect of decades behind bars after a jury found him guilty in November on seven fraud and conspiracy counts. His sentencing before US District Judge Lewis Kaplan in Manhattan will mark the culmination of Bankman-Fried’s downfall from an ultra-wealthy cryptocurrency entrepreneur and major political donor to US authorities’ biggest trophy to date in a crackdown on wrongdoing in digital asset markets. He faces a statutory maximum of 110 years, but will likely receive less. Prosecutors are seeking a prison sentence of 40 to 50 years for what they say was one of the biggest financial frauds in US history. On the currency markets, the pound fell slightly after official figures confirmed Britain entered a recession in the second half of last year. Sterling was last down 0.1pc, but was still on course for a gain this week against the dollar, ahead of key US inflation data on Friday. The pound was up 0.2pc against the euro, which traded at 85p. Action in the currency market has been dominated this week by the prospect of the Bank of Japan intervening to buy the yen, which has hit its weakest since 1990 against the dollar. The pound also fell against the yen, dropping 0.1pc to 190.92, having hit its highest against the Japanese currency since August 2015 this week. It came as UK GDP shrank by 0.1pc in the third quarter and by 0.3pc in the fourth quarter, unchanged from preliminary estimates, the Office for National Statistics said. Two-year gilts, the most sensitive to changes in rate expectations, have fallen 25 basis points in March, heading for their first monthly drop since November. Futures markets show traders see a roughly 20pc chance of the Bank of England cutting rates at its next meeting in May, although June’s meeting is still the most likely point, with a 55pc chance. In more positive corporate news, electronics retailer AO World has increased its profit guidance after “clear progress” over the past year. Shares in the London-listed company rose by more than 13pc after its latest upgrade, having already improved its earnings outlook in November last year as its cost-cutting actions bear fruit. The retailer, which counts Mike Ashley’s Frasers Group as a major shareholder, has cut a number of jobs and closed its German business as part of its turnaround plan. Today AO told shareholders it expects adjusted pre-tax profits “at least” at the top of its previous guidance, of between £28m and £33m for the year to March 31. It added that it expects to report revenues of around £1.04bn for the year, after its core business returned to growth in the final quarter. Thames Water customers will fund a bailout for the struggling utility company and get nothing in return, a peer has warned. Lord Sikka said “shareholders will get dividends, customers big bills” as the company’s chief executive Chris Weston refused to rule out raising bills by 40pc. The Professor of Accounting at the University of Sheffield tweeted: Caroline Lucas, the only Green MP, has said the latest developments at Thames Water show it must be nationalised: Thames Water is the worst performing supplier in England and Wales, recording thehighest number of serious sewage pollution incidentsin a decade in 2022. The utility company, which collects and treats sewage for 15m people, had 17 serious incidents in 2022, worse than the 12 recorded in 2021 and 13 in 2020. Its worst year previously was 2013, when 22 were recorded. In October, it was named among the industry’s worst performers in watchdog Ofwat’s annual review for a third year. It came just weeks after Thames Water was hit with a £101m fine for “lagging” in its efforts to clean up pollution, plug leaks and improve customer service. The penalty was later reduced to £73.8m. An Environment Agency report last year called water companies’ performance “simply unacceptable”. To fix the issues, Thames Water has proposed to raise customer bills by 40pc starting 2025 and is seeking £2.5bn in equity over the five years from 2025. The GMB union accused Thames Water of “blackmailing” the regulator Ofwat and customers and said it was meeting with bosses at the troubled water supplier. Thames Water has been battling to secure its financial future since last summer, with a funding crisis leaving the company on the brink of emergency nationalisation. It is understood that investors pulled a £500m funding plan that was agreed last summer after Ofwat refused to bow to the water giant’s demands for a 40pc bill hike for customers, an easing of capital spending requirements, as well as leniency on penalties for failing to meet targets. Gary Carter, GMB national officer, said: Thames Water investors are essentially blackmailing customers and Ofwat. Some images just in from our picture desk showing pro-Palestine protesters at the Department of Business and Trade. The demonstrators entered the Old Admiralty Building as they called for a ceasefire in the conflict between Israel and Hamas. Investors who previously backed Thames Water would receive just 17p in the pound if they tried to redeem their corporate bonds in the troubled supplier. Thames Water Kemble bonds have dropped well into distressed territory after it emerged that shareholders will not provide a £500m cash injection for the utility company by the end of this months, as had been expected. Last year the bonds were priced at about 88p in the pound but slumped to as low as 55p in June as the scale of its debts emerged. They were trading at about 30p earlier this week. Thames Water isat risk of renationalisationafter it failed to secure hundreds of millions of pounds in survival funding. Our senior money reporterCharlotte Giffordexamines what it means for customers: The water giant is in a race to find extra cash after shareholders refused to pay £500m by the end of the month, saying regulatory requirements make its business plan “uninvestable”. Read how customers would be affectedif Thames Water is forced into special administration. Thames Water’s parent company is Kemble Water Holdings, whose shareholders last year promised to pump £750m into the supplier by March 2025. This forms part of a group of companies, known as the Kemble Water Group, and is owned by a consortium of institutional shareholders – mostly pension funds and sovereign wealth funds. These include Canadian pension fund Omers and the Universities Superannuation Scheme - the trustee of one of the largest pension schemes in the UK. Other shareholders are Infinity Investment, British Columbia Investment Management and Hermes GPE, the manager of the BT pension scheme. The shareholders’ £500m cash injection, which had been expected by the end of the month, was contingent on several criteria being met, including Ofwat approving its £18.7bn turnaround plan which stretches to 2030 and would require a sharp increase in bills. Kemble, which was set up to raise finance for Thames, is solely reliant on dividends from the utility company to service its debts, which stood at £14bn in its most recent figures. Interest rate cuts by the Bank of England “are a long way off,” one of its rate setters has warned, despite inflation falling to 3.4pc. Jonathan Haskel was one of two members of the Monetary Policy Committee to switch their vote from increasing interest rates to holding them steady at 5.25pc at its last meeting. The Bank voted by a majority of 8-1 to keep rates steady, with the switch by Mr Haskel and his colleague Catherine Mann taken by markets as a sign that interest rate cuts are incoming. However, Mr Haskel has warned he is not preparing to vote for a cut. He told the Financial Times: Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation. Investors have been dumping Thames Water’s debts while the supplier has been busy dumping sewage. Our reporterMichael Bowanalyses the utility company’s perilous financial state: An early sign of the crisis about to engulf Thames Water came when part of its£14bn debt pilecrashed to a record new low. Read how. Labour urged the Government and regulators to “do everything in their power to stabilise” Thames Water after its shareholders pulled their investment plan. Steve Reed, the shadow environment secretary, said: The Conservatives weakened regulation, allowing water companies to get massively in debt while the sewage system crumbled and illegal sewage dumping hit record levels. JD Sports has warned trading remains “challenging” as retailers increase promotional sales, but shares jumped after it pushed up its profit guidance. The sportswear retailer said that it expects profits to be in line with its previous guidance of between £915m and £935m before tax and adjusted items in the year to early February. It had downgraded its outlook for profits in January when the business said it had to cope with “elevated promotional activity” - industry jargon for products being on sale. Shares were up 6.2pc to leads the FTSE 100 as the company “chose not to participate fully” in these sales in the UK and Ireland, which were mainly online. As a result like-for-like sales fell by 3.2pc in the region in the fourth quarter. The business said that profit could be both lower or higher in the current financial year than it was last year. It expects pre-tax profit to be between £900m to £980m. Chief executive Regis Schultz said: Looking ahead, the current trading environment remains challenging due to less product innovation and elevated promotional activity, especially online. The company opened 215 new JD shops in the year to early February, and said that the launch of a new UK loyalty programme had been “encouraging” and attracted 800,000 downloads so far. Jeremy Hunt insisted the economy had grown last year “albeit at a very slow rate” when asked if the latest GDP figures meant Rishi Sunak had failed in his pledge to grow the economy. The Office for National Statistics confirmed its preliminary figures showing Britain entered recession at the end of last year with GDP contracting by 0.1pc in the third quarter and by 0.3pc in the fourth quarter. Asked by broadcasters about the Prime Minister’s growth promise, the Chancellor said: The Prime Minister’s pledge last year was to halve inflation and he delivered on that. In fact inflation has fallen from over 11pc to 3.4pc. The Treasury will monitor Thames Water’s situation “very carefully”, Jeremy Hunt said. Asked by broadcasters if the Government was ready to step in to support Thames Water customers if necessary, the Chancellor said: The Treasury will continue to monitor very carefully what is happening at Thames Water. The FTSE 100 rose in early trading as it was bolstered by commodity-linked stocks in the last trading day of the week. The commodity-heavy index was up 0.3pc, while the domestically-focused FTSE 250 was down 0.1pc as official figures confirmed Britain was in recession at the end of last year. Energy stocks added 0.7pc as oil prices edged up after two days of declines. Global benchmark Brent crude was last up 0.5pc to more than $86 a barrel. Mining stocks were up as much as 1.3pc as most base metals prices rose, boosted by signs of stabilisation in China’s broader economy. The Office for National Statistics confirmed Britain entered a shallow recession last year, with gross domestic product shrinking by 0.1pc in the third quarter and by 0.3pc in the fourth quarter, unchanged from preliminary estimates. JD Sports climbed 6.3pc to the top of the FTSE 100 after the sportswear retailer said its pretax profit for the year to February 4 would be between £915m to £935m, meeting guidance which it had downgraded in January. Spirent Communications jumped 11.1pc to the top of the FTSE 250 after it agreed to Keysight Technologies’s offer valuing the firm at £1.2bn. M&G, Smith & Nephew and Taylor Wimpey were down between 1pc and 6pc as they traded without the right to their next dividend. The Liberal Democrats urged the Government to put Thames Water into special administration after the company said its shareholders will not be injecting the first £500m of funding that was agreed last summer. The party’s Treasury spokeswoman Sarah Olney said: Thames Water is a broken firm. It is teetering on the brink of collapse and it is clear that things cannot go on as they are. Thames Water’s boss said it was “premature” to consider what would happen to the company if it does not receive a fresh cash injection before May next year. He said the company would remain in negotiations with Ofwat until the end of this year which would yield a business plan “that shareholders and anyone who might provide equity can look at and then determine whether they are going to inject equity into Thames”. He told BBC Radio 4’s Today programme: If, at the end of the day, probably well into the end of next year, we were in a situation where we had no equity, then we have the prospect of special administration but we are a long way from that at the moment. Thames Water chief executive Chris Weston said the company has enough money to keep going until May next year, even if it does not receive a cash injection until then. He told BBC Radio 4’s Today programme: Conversations with Ofwat regarding our business plan for 2025 to 2030 continue. Thames Water shareholders said they were in effect forced to withhold the £500m cash injection for the water supplier after Ofwat “has not been prepared to provide the necessary regulatory support”. In a joint statement, they said: Shareholders and Thames Water have been working with the regulator Ofwat for over a year on how to address the complex challenges facing the business. Thames Water’s owner Kemble Water said it would not pay interest payments on its debts and would not be able to repay a £190m loan that matures on April 30 unless an extension is granted. It said: Absent an investible proposition for the shareholders to provide new equity, Kemble Water Finance Limited (KWF) considers at the current time that it will not be possible to pay further interest payments and, unless an extension to the maturity of the facility is granted by lenders, it will not be able to refinance or repay a £190m facility which matures on 30 April 2024. Ofwat defended its efforts to be “fair to bill payers” as Thames Water said regulatory requirements had made it “uninvestible” for shareholders. Thames announced last year that investors were willing to inject £3.25bn into the business so long as it met several conditions, including Ofwat allowing a significant increase to household water bills. Ofwat will set out its plans for bills in June and said its latest price review needed to “put customer and environmental priorities at the heart of the water sector”. It said: In order to drive this change, we need to ensure that the sector attracts investment and is fair to bill payers. Regulator Ofwat said Thames Water must now seek further funding for its turnaround plan, but sought to assure that “safeguards” were in place to protect services to households. An Ofwat spokesman said: Safeguards are in place to ensure that services to customers are protected regardless of issues faced by shareholders of Thames Water. So to recap, Thames Water has said its shareholders will not be injecting the first £500m of funding that was agreed last summer into the group as industry regulations make its business plan “uninvestible”. Thames Water said the funding plan drawn up last July was subject to conditions, including a business plan that is supported by “appropriate regulatory arrangements”. It said the regulations being imposed by industry watchdog Ofwat “make the PR24 plan “uninvestible”, and as a result the shareholder support letter from last July “has not been satisfied”. “The first £500m of the new equity that had been anticipated will not be provided by Thames Water’s shareholders by 31 March 2024,” it revealed. Thames Water said it was in ongoing talks with industry regulator Ofwat to secure regulations that are “affordable for customers, deliverable and financeable for Thames Water, as well as investible for equity investors”. It said once the new regulatory plan is agreed with Ofwat, it “intends to pursue all options to secure the required equity investment from new or existing shareholders”. Thames Water said it had £2.4bn in cash and available committed facilities at the end of February as it tried to reassure customers. However, the supplier has borrowings of nearly £19bn. If the company is put into special administration, it is estimated that as much as £5bn of financial support would be needed to keep customers connected. Thames said last October that shareholders were prepared to provide £750m “subject to satisfaction of certain conditions, including the preparation of a business plan that underpins a more focused turnaround that delivers targeted performance improvements for customers, the environment and other stakeholders over the next three years and is supported by appropriate regulatory arrangements”. Today, the company revealed that those shareholders felt the requirements placed on it by would make its three-year turnaround plan “uninvestible”. After the Office for National Statistics confirmed the UK was in a recession at the end of last year, Chancellor Jeremy Hunt said: Last year was tough as interest rates had to rise to bring down inflation, but we can see our plan is working. The recession that the UK entered last year was fractionally shallower than first thought, revised new figures from the Office for National Statistics (ONS) have shown. The ONS said confirmed that the economy shrank by 0.1pc in the third quarter and 0.3pc in the fourth as it left its preliminary estimates of the economy’s performance unrevised. However small revisions not visible in the headline figures, which are rounded to one decimal place, meant that the cumulative decline in the two quarters was 0.4pc, rather than a previously estimated 0.5pc. Thames Water took a further step towards nationalisation after shareholders said they would not provide it with a £500m lifeline. The troubled utility company was told it had not satisfied the conditions to receive the first tranche of support outlined as part of its three-year turnaround plan. It had been expecting the half a billion pound payment by March 31, but shareholders said they would not provide the cash as the regulatory requirements on the company make it “uninvestible”. Directors of the troubled supplier had been racing to finalise a £750m lifeline from investorsat a board meeting on Wednesday, with the threat of special administration looming as Thames reels from vast debts and poor performance. Without the extra money from investors, who include Canadian pension fund Omers and the Universities Superannuation Scheme, Thames would be at risk of relying on a taxpayer-backed bailout. The business needs billions of pounds to survive. The company is putting up its bills by an average 12.4pc at the start of next month, following a 9.4pc increase last year. It will take the average bill to £471. Thames was owned for a decade by Macquarie, the Australian investment bank, which took out £1.2bn of dividends while driving the company’s debt up from £1.6bn to £10bn. Macquarie sold to current shareholders in 2017, with the new owners since attempting to reduce the business’s borrowing pile. Thames announced last year that investors were willing to inject £3.25bn into the business, with £750m expected in 2024. Chief executive Chris Weston said: “I’d like to reassure our customers that, despite this announcement, it is business as usual for Thames Water. “Our 8,000 staff remain committed to working with our partners in the supply chain to provide our services for the benefit of our customers, communities and the environment.” Thanks for joining me. Thames Water has been told it will not be given a £500m lifeline by the end of the month, putting the supplier a step closer towards nationalisation. Without the extra money from investors, who include Canadian pension fund Omers and the Universities Superannuation Scheme, Thames would be at risk of relying on a taxpayer-backed bailout. The business needs billions of pounds to survive. Thames announced last year that investors were willing to inject £3.25bn into the business, with £750m expected in 2024. 1)National Living Wage should start at 18 instead of 21, says pay-setting group\|Business chiefs warn change would be unaffordable 2)Crunch meeting at Thames Water amid scramble for £750m\|Directors race to finalise lifeline from shareholders and avoid special administration 3)BT to convert 2,000 old payphones into advertising screens\|Telecoms giant plans to triple its number of digital screens despite local backlash 4)Morrisons’ losses mount amid debt finance pressures\|Higher interest rates hammer supermarket as it attempts ambitious turnaround plan 5)Insurers face record $3bn bill from Baltimore bridge collapse\|Payout will be up to double the claim for Costa Concordia wreck, say analysts Asian investors trod carefully on Thursday after a Federal Reserve official floated the idea of delaying or reducing interest rate cuts. Hong Kong, Shanghai, Sydney and Wellington rising, while Singapore, Seoul, Taipei and Jakarta fell. Tokyo’s benchmark Nikkei 225 closed down 1.5pc, or 594.66 points, at 40,168.07, while the broader Topix index lost 1.7pc, or 48.47 points, to 2,750.81. Chinese markets recouped losses from the day before. Hong Kong’s Hang Seng index gained 1.1pc to 16,579.99, while the Shanghai Composite advanced 1.2pc to 3,029.01. Australia’s S&P/ASX 200 jumped 0.9pc to 7,887.00. Taiwan’s Taiex was little changed.... - Reddit Posts (Sample): [['u/MasterOfReallity', 'Selling all XRP for BTC', 40, '2024-04-17 00:12', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', 'I feel really stupid, cause I could have bought BTC last year and literally doubled my money but instead I bought into youtube clickbait and thought it would go to 1k.\r \n\r \nBut now I don\'t see how anything could happen with it. It was supposed to go up after the SEC case and instead went down. It can\'t even go back to it\'s peak at 3 dollars yet alone 10 dollars like some claim. Before the case it was the same. Seems like the more "banks" utilize it the lower the price is.\r \n\r \nAt what time does the halving end, should I buy right away or wait for a dip? The money I get back I will put into BTC hopefully as soon as I sell.', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', '1c5szhk', [['u/Chr-whenever', 60, '2024-04-17 00:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwed9j/', 'XRP is and always has been manipulated scam garbage', '1c5szhk'], ['u/Initial-Desk-360', 26, '2024-04-17 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwge7j/', 'DYOR but the XRP/BTC chart is like nearly at an all time low, so like you are getting the least amount of BTC right now for your XRP you ever would have in the history of Crypto.\n\nPersonally I would rather die than sell something when its at an all time low but do what you gotta do.', '1c5szhk'], ['u/putgambler', 21, '2024-04-17 00:39', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwhc1n/', 'This just proves that xrp has 0 demand', '1c5szhk'], ['u/Jenn2895', 10, '2024-04-17 00:46', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwidqw/', "You thought xrp could go to $1k? \n\nTake a little bit of time to learn about marketcaps. There's still people thinking Shiba Inu can go as high as bitcoin... b/c they don't understand the basics like market caps.", '1c5szhk'], ['u/TheNotSoRealMVP', 15, '2024-04-17 06:13', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzxuxf7/', "XRP is a trader's best friend, but an investor's worst nightmare.", '1c5szhk']]], ['u/CryptoDawn', "I'm one of the original founders of Reddit Island from 10+ years ago, I finally have the money to make Reddit Island a possibility. I now have $100m+ and we will turn Reddit Island into the society of the future it deserves to be.", 58, '2024-04-17 00:43', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', "I've been working on Reddit Island and free societies for 10+ years and I'm one of the original founders and moderators of Reddit Island from the original subreddit. I started posting here about 2 years ago when I saw this new subreddit become a thing and I was happy to see that some people still believed in the dream of Reddit Island. And now I'm back because I have what we need to make Reddit Island happen.\n\nI'm happy to say I now have the funds required to make Reddit Island a reality. I've recently been able to get $100 million+ and some of that can be used to make Reddit Island a reality in additon to extra funds that will become available. \n\nI will post proof of the funds in Bitcoin soon possibly next week and it will be 100% verifiable. Reddit Island is finally becoming a thing.\n\nI want to hear everyone's thoughts and give me some ideas on things you think we should do with Reddit Island.", 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', '1c5tqbd', [['u/tortupouce', 41, '2024-04-17 00:54', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzwjosq/', "If this even has 1% of being true, I'll use the first comment to say this: make it the law to have a mandatory poop knife in every househot", '1c5tqbd'], ['u/buildbox0606', 26, '2024-04-17 04:19', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzxfp77/', 'generally my first question will be how will you determine who gets access to live on the island? i assume it will be through some kind of application process', '1c5tqbd'], ['u/CallMeRenny84', 15, '2024-04-17 09:45', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyfag3/', 'Just drop the paypal already', '1c5tqbd'], ['u/urioRD', 10, '2024-04-17 10:06', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzygwso/', 'Send me 1 Bitcoin as a prove', '1c5tqbd'], ['u/RedgieTheHedgie', 10, '2024-04-17 13:14', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyxaww/', '- is there an island or group of islands picked out already? \n\n\n-what would be the expected starting population and how would that be determined? \n\n\n-have agriculture and the economy been considered? \n\n\n-what about climate? \n\n\n-what about access to the mainland?\n\n\n-what might the average individual be expected to do specific to the good of the community?\n\n\n-have power generation and distribution been considered? \n\n\n-what about shelter? I imagine space would be at a premium, so no single family dwellings could be expected. \n\n\n-potable water source? \n\n\n-healthcare? \n\n\n-ecological surveys will need done. \n\n\n-what might the political system look like? Could this be a chance for a more direct democracy? \n\n\n-is there an minimum income to be considered or is it enough to be ready and willing?\n\n\n-how would laws be decided and enforced?\n\n\n-waste management?\n\n\n-tax system? \n\n\nBasically, I want to believe in this crazy idea, but as an actual autist I lack the cognitive dissonance to believe something just because I want to.', '1c5tqbd']]], ['u/Obvireal', 'PREDICTION', 33, '2024-04-17 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', 'It seems public sentiment is going to drastically change... Now that more countries are opening up to bitcoin and are starting to accumulate and study it, we may see mass adoption way sooner than we think... One country will fall in line after another, chasing as many bitcoins as they can obtain, fighting to stay on top. \n\nThey all already see the charts. Bitcoin has followed the same pattern every 4 years 4 times. It is a pattern, and foresight will cause many to buy it at a specific time. We are near a singularity that will propel us into a new age. \n\nSupply is already low. 100,000s of Bitcoins can be bought in weeks. There are only so many millions.\n\nWhat happens when people become more educated on bitcoin and paper handed people are fewer and farther between. \n\nNow my prediction is this is going to happen this upcoming cycle that begins in 3 days. Its very bullish I know, but a negative hindsight 2020 is something we all try to avoid.', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', '1c5vkxg', [['u/LiveDirtyEatClean', 20, '2024-04-17 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzx3xrn/', 'I predict bitcoin in the 400s this cycle', '1c5vkxg'], ['u/nkbc13', 10, '2024-04-17 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxab80/', "It's the opposite of that. It's only when bitcoin get's adopted as a legitimate store of value that it will then be used as a medium of exchange. And to get to that level of store of value... price must go up big", '1c5vkxg'], ['u/johnn2015', 14, '2024-04-17 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxlwcy/', 'Wow amazing prediction. I have never heard this insight before. Not once.', '1c5vkxg'], ['u/Webbed_Bubble', 11, '2024-04-17 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxnya5/', "That be wild . Amazing for sure . But I think that's an unreasonable expectation for this cycle . My most bullish guess is 200 k and that's most bullish imo", '1c5vkxg'], ['u/Inland_Emperor', 15, '2024-04-17 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzy5q22/', 'Well for the record, I like his opinion better than your opinion.', '1c5vkxg']]], ['u/R3dFiveStandingBye', 'Would you get a prenup for your stack?', 88, '2024-04-17 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', 'If you were getting married and wanted to never lose full control of your stack would you ask your significant other to sign one? Mainly for bitcoin ', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', '1c5wvj5', [['u/Subject-Rope-9991', 168, '2024-04-17 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx74bb/', 'What stack?', '1c5wvj5'], ['u/secondtrades', 13, '2024-04-17 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx7f0g/', 'Establish a Trust', '1c5wvj5'], ['u/lookoutcomrade', 40, '2024-04-17 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx8mky/', 'You are better off just keeping it off the record at that point.', '1c5wvj5'], ['u/Mr_WildWolf', 25, '2024-04-17 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxamql/', '🤔 so get a prenup and also get a vasectomy', '1c5wvj5'], ['u/Equivalent_Swan634', 12, '2024-04-17 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxb9lr/', 'She may have money or come into money and the prenup will keep you out of her stack.', '1c5wvj5'], ['u/EmpiricalRutabaga', 28, '2024-04-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxdisd/', 'Depending on the state, premarital assets are usually not part of the "marital estate" that gets divided in a divorce. \n\nThe easiest thing is simply never mention that you have any Bitcoin, though.\n\nSecond-easiest thing would be to set up an irrevocable trust prior to marriage. However, you would have to find someone who isn\'t a scumbag to be the trustee, and it would cost you anywhere from a few hundred to a few thousand dollars to set up depending on complexity and on the lawyer you pick.', '1c5wvj5'], ['u/OnTheProwl-', 17, '2024-04-17 04:12', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxeier/', "That's wild to me that you would keep finances separate in a marriage.", '1c5wvj5'], ['u/Inevitable_Art8536', 16, '2024-04-17 04:14', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxeuhi/', 'Vasectomy first, prenup second.', '1c5wvj5'], ['u/analogOnly', 17, '2024-04-17 04:18', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxfiia/', "Woosh.\n\nThe point he was trying to make was, if you don't want them to know about it, forget you have it and don't speak of it.", '1c5wvj5'], ['u/direktor4eto_reborn', 28, '2024-04-17 06:55', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxzqsf/', 'Well, they did get divorced 😄', '1c5wvj5'], ['u/mushroomyakuza', 34, '2024-04-17 07:21', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzy2gpr/', "Don't think this is much of a valid defense with KYC.", '1c5wvj5'], ['u/spiceylizard', 47, '2024-04-17 09:23', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzydi39/', 'I lost it all in a gambling mistake, eBay scams, and a boating accident', '1c5wvj5'], ['u/Armadillodillodillo', 53, '2024-04-17 09:50', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzyfnyi/', 'Sends everything to another address of my own, ah yes this is when I got hacked.', '1c5wvj5'], ['u/brando2131', 17, '2024-04-17 11:46', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzyovow/', 'KYC is for the government to know who you are, not for your friends or partner to know who you are ;)', '1c5wvj5']]], ['u/wokeup225', "If it's in the red, you'll be wishing you bought instead.", 41, '2024-04-17 04:11', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/', "With just under three days until the halving, now is the perfect time to go and grab yourself some Bitcoin. It doesn't matter if you don't have millions, thousands, or even hundreds to invest. You'll just be glad knowing that what you've put in is what you can afford at the moment, and in due time, this decision will pay off.", 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/', '1c5y8gi', [['u/clicksanything', 15, '2024-04-17 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxhrx8/', 'I bought heavy during the 22-23 bear so Im chilling with my DCA having fun watching the newcomers fomo lol\n\nJust buy some sats and put it away. Future you will look back and thank you.', '1c5y8gi'], ['u/XXsforEyes', 27, '2024-04-17 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxkqit/', 'There are more ups and downs to come… dca is the way!', '1c5y8gi'], ['u/Objective_Trust2371', 17, '2024-04-17 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxmq7n/', "Historically bitcoin has a pullback on the halving. There's a good chance it is not the lowest we will see.", '1c5y8gi'], ['u/Rickard403', 15, '2024-04-17 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5y8gi/if_its_in_the_red_youll_be_wishing_you_bought/kzxoyal/', "Looks to be the case. Sub $60k is likely incoming and the market doesn't care about post halving history.", '1c5y8gi']]], ['u/purpleandviolet', 'Bitcoin halving and Monero price', 14, '2024-04-17 05:16', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/', 'Everyone is talking about the upcoming Bitcoin halving. Do you think the halving will influence the price of Monero? ', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/', '1c5zk6n', [['u/WR3CKONER', 20, '2024-04-17 05:50', 'https://www.reddit.com/r/xmrtrader/comments/1c5zk6n/bitcoin_halving_and_monero_price/kzxs5vm/', 'It usually(history with past bull runs) follows kinda like other alts and pumps after BTC but last ATH was technically in a bear run, we’ll find out. I’m down about 10% myself but not concerned, I just wish people saw how valuable XMR is. You’d think bulls would transfer their Btc gains into XMR for privacy reasons. Not NFA but I just don’t understand how XMR is still so incredibly undervalued. If I had the money to buy more I would. Only time will tell!', '1c5zk6n']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, April 17, 2024', 36, '2024-04-17 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/', '1c60din', [['u/pee_one_herman', 10, '2024-04-17 07:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy1fbb/', 'April 17th halving update, 403 blocks remaining…\n\nApril 19th, 4:55pm - 8:17pm ET based on avg mining time of 9.50-10.00 minutes. Starting to move fast, will be a great happy hour on a Friday!', '1c60din'], ['u/Shark_mark', 15, '2024-04-17 07:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy4sgr/', 'How long until the US wake up and insert their penises in europes and asias bottoms?', '1c60din'], ['u/DesperateToHopeful', 15, '2024-04-17 08:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy6ff1/', "This price action is making me quite bullish tbh. The last month has been more or less crabbing while two things have been occurring:\n\n1. Roughly 900 Bitcoin are mined per day.\n\n2. Miners sell off their Bitcoin to prepare for the halving event. Miners need to do this to upgrade their fleet to stay competitive in a post-halving environment. \n\nIf demand plateaus at the current crabbing level in an environment where the number of Bitcoin mined each day halves to 450, I don't see how we don't see another legup on price within the next 3-9 months. As price rises this will bring on more supply (as everyone has their sell point) but even taking this into account I don't really see what would be the catalyst for a sustained drawdown over the rest of 2024. Especially when you factor in ETF demand from the USA and the new ETF from Hong Kong. Although I believe mainland China can't buy the Hong Kong ETF so it won't be quite as impactful as some hope, Hong Kong is still one of the major financial hubs in Asia which should bring in more demand.\n\nI'm struggling to see what exactly the bear case is for Bitcoin over the next 3-21 months outside of macro economic events. There could be a big recession, severe government regulatory crackdown, a global war which tanks all markets, etc. But all of these things can play out in many different ways and aren't all necessarily going to be bad for Bitcoin. Whereas if we just look at the conditions in the Bitcoin market itself, all signs point to bullishness from my opinion. New avenues of demand are being created, supply inflation is about to halve, development is ongoing on the bitcoin protocol itself, the tech seems robust even with its limitations around throughput. \n\nI'm going to go out on a limb with my first price prediction: $100k by end of 2024.", '1c60din'], ['u/simmol', 15, '2024-04-17 08:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzy6x7q/', "I don't think so. There are still quite a bit of GBTC sellers waiting for the price to come up to sell. This has been demonstrated in the last couple of weeks where GBTC sell amount increases when BTC is increasing while the sell amount decreases when BTC is decreasing.", '1c60din'], ['u/I_AM_DEATH-INCARNATE', 13, '2024-04-17 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzybkdr/', 'As an American, the first thing I do when I wake is take a dump.\n\n\nAs an American, I make sure the rest of the world dumps with me.', '1c60din'], ['u/Shootinsomebball', 10, '2024-04-17 09:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyg19o/', 'Looks more like distribution to me', '1c60din'], ['u/1Lost_King1', 19, '2024-04-17 10:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyjo5x/', '400 blocks away from halving…', '1c60din'], ['u/52576078', 22, '2024-04-17 11:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyq0tk/', "Yesterday's daily was tense reading. Lots of aggression and arguing. First time ever in 13 years on Reddit that I considered blocking someone. Hopefully we do better today.", '1c60din'], ['u/phrenos', 28, '2024-04-17 13:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzyyo41/', "Anything north of 0% ROI and you're doing better than 99% of traders.", '1c60din'], ['u/imissusenet', 10, '2024-04-17 14:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz3vmz/', 'I can imagine all sorts of things. A network that relied on us mining on laptops to keep it alive might not be a network worth keeping alive.', '1c60din'], ['u/Shootinsomebball', 11, '2024-04-17 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz62ig/', 'Over the past few days a few have come on here and stated there’s no way we’re going below 60k\n\nIf the past is anything to go by, it’s the surest sign we will be going below 60', '1c60din'], ['u/PatientlyWaitingfy', 27, '2024-04-17 14:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz743z/', 'People belieiving 62K is bearish before the halvning is not a scenario I foresaw', '1c60din'], ['u/bobsagetslover420', 11, '2024-04-17 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz7l5o/', 'Anyone who thinks 60k is actually the floor is delusional. Prices can go literally anywhere for all sorts of reasons', '1c60din'], ['u/Cadenca', 10, '2024-04-17 14:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz8gq0/', 'I haven\'t FUD\'ed in years, I\'ve just been buying, so forgive me this one time.. but man I\'m bearish today. Who\'s gonna buy this thing above 60 with GBTC still distributing? We had such a front-ran pre-halving that there is easily a debt to be paid over the summer as "sell in may" takes full effect in tradfi.. Genuine excitement and euphoria just seems non-existent right now. My finger is on the pulse and the patient is dead right now. Things will be fine eventually, but right now? Is literally any one of you truly "feeling it"? Rate cuts just got kicked down the road too, for the umpteenth time.', '1c60din'], ['u/calmunrest', 12, '2024-04-17 14:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz95y2/', "10k was moon. We are at 60 fucking k. If you can't stomach it, just sell for your health's sake.\nNo amount of wealth can buy you health.", '1c60din'], ['u/Order_Book_Facts', 10, '2024-04-17 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz96t3/', 'We crabbed for 7 months to gather the momentum to go from 35k -> 70k, if we need to crab for the same or even longer to gather the momentum to break through 100k, so be it.', '1c60din'], ['u/adepti', 14, '2024-04-17 14:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz9oxb/', 'This is actually good, the unjustified euphoria is starting to wean off, everyone starting to get into withdrawals from all the hopium over the past month and a half. Too much talk of god candles, "you\'re not bullish enough for what\'s coming, etc etc," memecoin euphoria was all signs of a local top. \n\nIt\'s not the worst thing in the world if this thing goes below 60k. It seems like a psychological level for alot of people that if we go below 60k it won\'t be that "v shaped" recovery we are all hoping for - and more likely it\'ll turn into a 1-3 month correction instead of a 1-3 day blip. \n\nOnce you come closer to acceptance for what\'s coming, it\'s alot easier to deal with.', '1c60din'], ['u/CompleteApartment839', 15, '2024-04-17 14:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzz9y4u/', 'This is an emotional crowd that runs on dopamine hits.', '1c60din'], ['u/DesperateToHopeful', 10, '2024-04-17 15:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzbt6d/', "> While GBTC outflows are subsiding, it seems the inflows to other ETFs are waning faster.\n\nPersonally I would say it is too soon to know which direction this goes. Bitcoin ETFs are still very new relatively speaking. Current ETF buyers are almost certainly all retail while potential firm level investors will still be performing due diligence. We know the absolute maximum amount of funds that can flow out of GBTC, we don't know the amount of funds that can flow in via ETFs. I am bullish so over the longterm think the potential upside is substantial and unknown, whereas the potential downside is limited and known (whatever remains in GBTC).", '1c60din'], ['u/Cultural_Entrance312', 19, '2024-04-17 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzces6/', 'BTC responded typically to the war news, and if it will escalate more or if nothing else happens, will be the determining factor for major price swings (i.e. god or devil candles) over the next week or so.\n\nOn the hourly, it has dropped through 63 multiple times to find support around 61.7k before bouncing and getting back above 63. Crab range is between 61.7-64.1, if your are looking for small trades. RSI is at 37.6 (average 49) at time of writing. Current nearby resistance are 63, 64.1, 65.7,67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 61.7 and 60.5.\n\nThe daily RSI is at 40.4 and its average is currently at 50. Same resistances/supports as I mention in the hourly. BTCs previously formed pennant failed. A couple of pennant scenarios may be forming. One more day closer to the estimated halving date on 4/19, 2 days left.\n\nOn the weekly, BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 65.6 (77.5 average). A more traditional pennant formation has been formed. Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above. Less than 1/2 week till halving.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s has cooled, it’s monthly RSI is currently 67.6. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/fnk7Bkx3/](https://www.tradingview.com/x/fnk7Bkx3/)\n\nDaily: [https://www.tradingview.com/x/ZQ3a6qJj/](https://www.tradingview.com/x/ZQ3a6qJj/)\n\nWeekly: [https://www.tradingview.com/x/0uluIahl/](https://www.tradingview.com/x/0uluIahl/)\n\nMonthly: [https://www.tradingview.com/x/rWOLcGZG/](https://www.tradingview.com/x/rWOLcGZG/)', '1c60din'], ['u/dopeboyrico', 10, '2024-04-17 15:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzd0ij/', 'Spot ETF’s have had 3 consecutive days of net outflows. [Longest streak of net outflows since spot ETF launch is 5 consecutive days.](https://farside.co.uk/?p=1321)\n\nDo we continue the streak of net outflows or break the streak and end up with a net inflow day? We’ll see.', '1c60din'], ['u/xtal_00', 11, '2024-04-17 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzioz7/', 'Your history is amazing.', '1c60din'], ['u/drdixie', 10, '2024-04-17 16:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzztg6j/', 'Lots of tears on here. That should be the start.', '1c60din'], ['u/Order_Book_Facts', 10, '2024-04-17 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzthvc/', 'Not sure why I need to explain this to someone with $1M of bitcoin, but either you can stomach the volatility or you can’t. It’s always a personal decision based on your risk tolerance, the rest of your asset portfolio, YOUR LIFE. You come here with no details other than a humble brag and expect us to tell you whether to sell or not? lol', '1c60din'], ['u/Belligerent_Chocobo', 12, '2024-04-17 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzztlor/', "I don't see many people expecting an instant huge pump.\n\nIf anything, I see people expecting a short term sell the news event.", '1c60din'], ['u/I_AM_AN_AEROPLANE', 11, '2024-04-17 17:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzup2p/', 'Fucking israel should make its mind up and stop holding the whole world hostage.', '1c60din'], ['u/AccidentalArbitrage', 10, '2024-04-17 17:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzuqou/', "I've seen similar posts from you at various price levels. \n\nYou can't handle the volatility, so you should sell.", '1c60din'], ['u/sylvanlotus77', 11, '2024-04-17 17:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzvaf5/', 'We could stop funding it and would immediately watch this unwind, as it has in the past when we condition aid.', '1c60din'], ['u/doublesteakhead', 18, '2024-04-17 17:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzw2iu/', "Just remember everyone: it's always darkest just before bankruptcy\xa0", '1c60din'], ['u/jarederaj', 10, '2024-04-17 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/kzzzgo3/', 'A lot of these guys are getting a little wealthy for the first time. Brass balls take time to develop.', '1c60din'], ['u/TheGarbageStore', 16, '2024-04-17 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0001cj/', "Traditionally, the good days to scale into a position are those where it feels terrible, emotionally. Nothing has changed about the fundamentals of BTC, it's just correcting after a huge run-up. \n\nIf you have cash on the sidelines, today is a day to deploy some.", '1c60din'], ['u/btc-_-', 22, '2024-04-17 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00046l/', "the good part of this for the long-term bulls is that if we kept going up the way we were going then we probably would've topped out between 100-120k in a couple of months. perhaps even right at the psychological 100k barrier and wouldn't have had the push to get over it. maybe some here would've been more than fine with that :) not me.\n\nthe primary long-term indicator i look at is the monthly LMACD (Logarithmic Moving Average Convergence Divergence) - see chart below. it was starting to look like we were on a peak approach. not good if you want to see really big numbers this cycle.\n\nwe were basically straight up since 25k. 197% in 185 days and nearly 100% in 50 days. if we can instead treat the 50s and 60s as the new 25k, then that can be the new launch point with nearly all indicators fully reset. you won't have to hear about the sky falling and FUDing when we go higher just because some indicators are running hot.\n\njust remember, we're going to see a lot of more of these lulls in the run up. just like every other cycle. have a plan and stick to it.\n\nhttps://i.imgur.com/6RM1Zzp.png", '1c60din'], ['u/Downtown-Ad-4117', 15, '2024-04-17 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l001084/', '12k any minute.', '1c60din'], ['u/xtal_00', 16, '2024-04-17 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0012pm/', '9800 CME Gap', '1c60din'], ['u/ottawan89', 14, '2024-04-17 17:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l0014xg/', 'How low is that, mr vague?', '1c60din'], ['u/anon-187101', 10, '2024-04-17 17:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l001m48/', "nothing\n\nBitcoin is still the best money, and in 2 days it'll be less inflationary than gold\n\nbuy the dip", '1c60din'], ['u/BootyPoppinPanda', 10, '2024-04-17 17:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l002slv/', "I said a few days ago that we'd bottom between 59k and 60k. I picked up a bigger chunk here for the cold storage. Now time to pray for a local bottom.", '1c60din'], ['u/WYLFriesWthat', 11, '2024-04-17 17:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l002y3u/', 'Omg buy buy buy. This might go lower but it won’t last long.', '1c60din'], ['u/keeprunning23', 17, '2024-04-17 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00332s/', 'High quality post, thanks for your insight today.', '1c60din'], ['u/baselse', 23, '2024-04-17 17:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l003ue5/', 'A correction seems to happen often, days before the halving:\n\n28 nov 2012\tno crash in days before halving\n9 jul 2016\t-18% down, just days before halving\n11 mei 2020\t-18% down, just days before halving\n19 apr 2024\t-18% down, so far\n\nIf the bottom will be 59800 it rhymes with history and a nice new channel would be formed on the 1D.', '1c60din'], ['u/btc-_-', 11, '2024-04-17 18:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l007is3/', "perhaps it's the messenger and not the message that people are downvoting", '1c60din'], ['u/TouchMyTumor', 16, '2024-04-17 18:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l008tsq/', "No man's land imo. Wouldn't trust a long or a short", '1c60din'], ['u/phrenos', 19, '2024-04-17 18:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00a6jw/', 'Opened a 100x crab position.', '1c60din'], ['u/bobsagetslover420', 16, '2024-04-17 18:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00db8n/', 'Last chance to say last chance', '1c60din'], ['u/Beingoodfornothing', 13, '2024-04-17 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00f26q/', 'From cnbc, words of Mike Santoli, for tradfi, dip buyers are patient and sellers are motivated. It would seem that also applies to btc.\xa0', '1c60din'], ['u/dopeboyrico', 20, '2024-04-17 18:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00fiv0/', 'Higher low of $60.8k broken.\n\n20% pullback from ATH of $73.7k would be $59k, 25% pullback would be $55.3k, and 30% pullback would be $51.6k.\n\nRemaining higher lows acting as areas of support before a larger 30% pullback become possible are at $59.3k, $56.7k, and $54.4k.\n\nWe’ll see which of these higher lows manage to hold as support. On the bright side, the further we drop here the more shorts will pile in to serve as rocket fuel to be squeezed going into the halving in a couple days.', '1c60din'], ['u/PatientlyWaitingfy', 14, '2024-04-17 19:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00l8je/', 'Knife caught at 60231. Next one at 58999, stab me.', '1c60din'], ['u/btc-_-', 12, '2024-04-17 19:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00nf4v/', 'has DXY hit a wall? looks like it could be turning over on the hourly:\n\nhttps://i.imgur.com/evh7q5T.png\n\nrecently it appears to have successfully retested a downtrend but perhaps this was just another local high:\n\nhttps://i.imgur.com/hNUqqr1.png\n\nin related news, yesterday the IMF [said](https://thehill.com/business/4597395-something-will-have-to-give-imf-sounds-alarm-on-us-debt/):\n\n>"The exceptional recent performance of the United States is certainly impressive and a major driver of global growth, but it reflects strong demand factors as well, including a fiscal stance that is out of line with long-term fiscal sustainability,” the IMF wrote in its latest World Economic Outlook.\n\n>“This raises short-term risks to the disinflation process, as well as longer-term fiscal and financial stability risks for the global economy since it risks pushing up global funding costs,” it continued. “Something will have to give."\n\ni guess being $34.6 Trillion in debt with a 130% debt-to-gdp ratio and paying nearly 3% of GDP on interest payments alone isn\'t considered a good. however, it is a good thing that we have a better form of money available in Bitcoin that can\'t be modified or printed by a small number of unelected individuals.', '1c60din'], ['u/dopeboyrico', 16, '2024-04-17 20:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00rr84/', '[AUM held in new spot ETF’s is now at $33.3497 billion through day 66 or ~530.78k BTC.](https://x.com/jseyff/status/1780628685483020464?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.4618 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $505.30 million with average inflows of $437.80 million or ~8.04k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 15.4%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.154.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $33.3497 billion is 0.196% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 337 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 80.9% of that amount of BTC over the span of 66 trading days.', '1c60din'], ['u/BuiltToSpinback', 37, '2024-04-17 20:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00vszb/', 'Are we halving fun yet', '1c60din'], ['u/BuyAnacottSteel', 13, '2024-04-17 20:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00xhv2/', 'I’ve gone from rich and poor and back and forth again. I’m going from planning my next career move to planning my retirement to planning my next career move all in a couple months.', '1c60din'], ['u/doublesteakhead', 18, '2024-04-17 20:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00xxh2/', "I'll halve what she's halving\xa0", '1c60din'], ['u/Ok_File_9520', 11, '2024-04-17 20:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l010fb8/', 'I think we will be above 63k by night pst. This was just gbtc selling + broader market correction + some liquidations. \n\nBull market is still on.', '1c60din'], ['u/spinbarkit', 10, '2024-04-17 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l012eyc/', "the way I see it is Bitcoin is giving you options -first he showed you how easily he achieved $74k, then it slides down and let's you buy in cheap. \n\nif, however, you are confident enough you can still successfully short it.\n\ntaking it easy is either spot buys every dip or relonging dips and laddering out at each bounce. \n\nobviously it will reclaim seventies and reach for eighties.\n\ntaking it slow & craving nothing spectacular but playing each and every time for low profile wins, this is what gets you plenty of easy money. \n\nbears would argue we are never going up again and 30ties or even 20ties are the destiny... well, let them just be", '1c60din'], ['u/Alert-Author-7554', 15, '2024-04-17 21:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l015td6/', 'The Elder Council of Goblintown would not be happy about this..', '1c60din'], ['u/DamonAndTheSea', 17, '2024-04-17 21:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l019ous/', 'Weekly MACD looks like it wants to roll over. [Nice confluence of supports + 0.5 fib at $56k makes it a likely candidate for the low.](https://www.tradingview.com/x/LSMqXhIW/). Print a red month to break the streak then back to biznis in May.', '1c60din'], ['u/1Lost_King1', 17, '2024-04-17 21:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l019vzz/', '323 blocks left', '1c60din'], ['u/nationshelf', 15, '2024-04-17 21:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01acvz/', 'Earlier this year in January it dropped 20% from the local high of 48k to 38k. \n\nA drop from the recent local high of 74k to 59k (today’s low) is 20% as well. \n \nThat’s all to say there’s nothing usual going on. A 30% drop, which would be totally normal, takes it to just under $52k.', '1c60din'], ['u/Just_Me_91', 32, '2024-04-17 22:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01hm4g/', "I converted a decent chunk from stocks in my Roth IRA when we dipped below 60k earlier. I have a hard time believing that a year from now I'll regret buying just before the halving.", '1c60din'], ['u/zpowers1987', 13, '2024-04-17 23:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l01vrb7/', 'Sell off is already happening.', '1c60din']]], ['u/traderhp', 'Bitcoin Halving this week 18 to 20 , what will happen with dogecoin??', 52, '2024-04-17 06:28', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/', 'What do you guys think about Bitcoin Halving coming up this week between 18th to 20th. How will our dogecoin will react? \n', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/', '1c60vrm', [['u/thiqboi99', 28, '2024-04-17 06:54', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/kzxzmm5/', 'Might go up… also could go down… also it could trade sideways… but it will more then likely be 1 doge = 1 doge', '1c60vrm'], ['u/No-Number866', 10, '2024-04-17 09:08', 'https://www.reddit.com/r/dogecoin/comments/1c60vrm/bitcoin_halving_this_week_18_to_20_what_will/kzyc8pt/', 'Sell the news', '1c60vrm']]], ['u/Myshakiness', 'My biggest regret with crypto', 14, '2024-04-17 08:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/', 'Back in July 2010 I was doing searches about global currencies and alternatives to Paypal and came across this forum where it was talking about BTC being 10 cent each.\n\nI ended up creating an account to the site and trying to find someone to buy some of the BTC from. After a couple of hours learning about BTC and seeing that no one was online to buy from I ended up forgetting about it until it was in the media in 2013.\n\nI remember the main reason I opted out of buying some in the end was because I would have had to download a program to put them on. Oh silly me.', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/', '1c62gfp', [['u/NUTTY8866', 37, '2024-04-17 08:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/kzy87iy/', 'Some gutting stories here but to be fair, as soon as it hit £100 or even £1000 I’m sure you would have sold it', '1c62gfp'], ['u/Tilenp755', 10, '2024-04-17 08:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1c62gfp/my_biggest_regret_with_crypto/kzyb7lz/', 'It doesn’t matter, 99.9% of us would have sold it at 2/3x profit. You’d never hold till 60k$.', '1c62gfp']]], ['u/rBitcoinMod', 'Daily Discussion, April 17, 2024', 44, '2024-04-17 08:09', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1c58w8y/daily_discussion_april_16_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/', '1c62l7h', [['u/user_name_checks_out', 19, '2024-04-17 09:41', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzyeypn/', 'I think all the 420 and 69 memes are boring.', '1c62l7h'], ['u/bbiittccooiinn', 10, '2024-04-17 10:55', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzykrgd/', ">>It already is scheduled at the moment for Sat, 20 Apr 2024 00:21:26 GMT\n\nYou realise the time is constantly changing depending on how quick it takes to generate a block? It's not constant. \n\nRefresh whatever website you copied this from and you'll see it will be different again.", '1c62l7h'], ['u/NectarineDirect936', 11, '2024-04-17 11:40', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzyodqx/', "If everything goes to plan it'll become both.", '1c62l7h'], ['u/Just1_More', 12, '2024-04-17 11:53', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzypfro/', "PC answer. \n\nHe's shorting the dollar and longing bitcoin. He's doing this in a very open way, explaining his strategy so many other companies could imitate Microstragety. \n\nAnytime you threaten the dollar, you put a target on your back. This is why he has always referred to bitcoin as a digital property.", '1c62l7h'], ['u/user_name_checks_out', 10, '2024-04-17 12:30', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzysrd8/', '>Ok boomer\n\nThat is a pretty stupid comeback. As it happens I am not a boomer.', '1c62l7h'], ['u/escodelrio', 15, '2024-04-17 14:37', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzz7v9u/', "Historical Bitcoin prices for today, April 17th:\n\n2024 - $62,476\n\n2023 - $29,435\n\n2022 - $39,703\n\n2021 - $60,042\n\n2020 - $7,036\n\n2019 - $5,208\n\n2018 - $7,909\n\n2017 - $1,194\n\n2016 - $426\n\n2015 - $223\n\n2014 - $502\n\n2013 - $93\n\n2012 - $5\n\n2011 - $1.10\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.23 trillion.\n\nBitcoin's current block height is 839638; with the average block time for the last 7 days being 9.70 minutes.\n\nThere are currently 18,399 reachable Bitcoin nodes.\n\nBitcoin's average daily trading volume for the last 7 days is 116,036 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 484,902.\n\nBitcoin's average daily hashrate for the last 7 days is 639 exahashes per second.\n\nBitcoin's average daily price from 18-Jul-2010 to 17-Apr-2024 is $11,086.0.\n\nBitcoin's average daily price for the year 2024 is $55,725.23.\n\n1 US Dollar ($) currently equals: 1,601 satoshis; making 1 penny equal 16.01 sats.\n\nThere are currently 19.69M ₿ in circulation, leaving 1.31M to be mined.\n\nThere are currently 2.52M ₿ held by companies, governments, DeFi, and ETFs, representing 12.80% of circulating supply.\n\nThere are currently 53,147,609 nonzero Bitcoin addresses.\n\nBitcoin's current block reward is 6.25₿, which is worth $390,473.75 per block.\n\nThe next Bitcoin halving is anticipated on 19-Apr-2024; the block reward will fall to 3.125₿.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 15.28% from the ATH.", '1c62l7h'], ['u/Llonga', 11, '2024-04-17 15:06', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzzby31/', 'Exactly', '1c62l7h'], ['u/dreamingexplorer', 16, '2024-04-17 16:01', 'https://www.reddit.com/r/Bitcoin/comments/1c62l7h/daily_discussion_april_17_2024/kzzkhwk/', 'Yes, even after all\xa021 million bitcoins\xa0are mined, miners will continue to play a crucial role in the Bitcoin ecosystem. Let me explain why:\n\n1. Transaction Verification and Security:\n * Miners are responsible for verifying transactions and adding them to the blockchain. This proce... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", "Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", 'Kraken, the second-largest crypto exchange in the US, hasunveiledits own crypto wallet. The self-custodial "Kraken Wallet" will be released on Wednesday, making it accessible to both Kraken users and non-users. The newly developed wallet will initially support eight prominent blockchains, including Bitcoin, Ethereum, Solana, and Dogecoin, among others.\nNotably, Kraken Wallet will be the first wallet from a major exchange to be open-sourced, allowing developers to access and contribute to the code. The exchange emphasized their commitment to support open-source contributors, stating that “it’s at the heart of what crypto is all about: transparency, decentralization and community.” As an additional incentive, Kraken will reward developers who identify vulnerabilities through their open-source grant program, ensuring continuous improvement and bug fixes.\nPrivacy-conscious crypto users will appreciate Kraken\'s commitment to data minimization. The wallet will only collect the essential information required for wallet functionality, and user activity will be routed through Kraken\'s infrastructure, safeguarding IP addresses and preventing the exposure of identity and location information. Furthermore, the exchange has engaged Trail of Bits to do a full-scale security audit on the wallet code.\nKraken has been expanding its product suite in recent months. In November, the exchange reportedly explored the development of its own layer 2 blockchain, following Coinbase\'s launch of its rollup chain called Base in August.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research report on Wednesday.\nThe bank sees downside for the world’s largest cryptocurrency after the halving because the market is still inoverbought conditions, according to its analysis of open interest in bitcoin futures.\nFurthermore, the cryptocurrency price of about $61,200 is still above the bank’s volatility-adjustedcomparison with gold, which sets it at $45,000, and its projectedproduction costof $42,000 after the halving. The bitcoin production cost has historically acted as a lower boundary for BTC prices.\nJPMorgan also notes that venture-capital funding remains subdued despite the recent crypto market resurgence.\nThe biggest impact of the halving will be felt by mining companies: “As unprofitable bitcoin miners exit the bitcoin network, we anticipate a significant drop in thehashrateand consolidation among bitcoin miners with a highest share for publicly-listed bitcoin miners,” analysts led by Nikolaos Panigirtzoglou wrote.\n“Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle,” the authors wrote.\nRead more:Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research report on Wednesday.\nThe bank sees downside for the world’s largest cryptocurrency after the halving because the market is still inoverbought conditions, according to its analysis of open interest in bitcoin futures.\nFurthermore, the cryptocurrency price of about $61,200 is still above the bank’s volatility-adjustedcomparison with gold, which sets it at $45,000, and its projectedproduction costof $42,000 after the halving. The bitcoin production cost has historically acted as a lower boundary for BTC prices.\nJPMorgan also notes that venture-capital funding remains subdued despite the recent crypto market resurgence.\nThe biggest impact of the halving will be felt by mining companies: “As unprofitable bitcoin miners exit the bitcoin network, we anticipate a significant drop in thehashrateand consolidation among bitcoin miners with a highest share for publicly-listed bitcoin miners,” analysts led by Nikolaos Panigirtzoglou wrote.\n“Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle,” the authors wrote.\nRead more:Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan', "Bitcoin(CRYPTO: BTC)has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stockRiot Platforms(NASDAQ: RIOT), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.\nBut could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce the rewards for Bitcoin mining companies, the net effect could be a positive one for Riot Platforms.\nIn a Bitcoin halving event, mining companies will see the rewards they receive get cut in half. That's bad news for Riot Platforms because instead of receiving 6.25 bitcoins per block (the current rate), miners will only receive 3.125.The next Bitcoin halving event is expected to take place around April 19.\nThe good news for Riot Platforms and other miners is that historically, the price of Bitcoin hasrisen following a halving event. Should there be another increase in price this time around, that would offset the decline in mining rewards. The key question is how high Bitcoin might go following the halving event.\nBitcoin halving events happen roughly every four years, so they don't come as a surprise to Bitcoin mining companies. That gives them plenty of time to prepare and scale so that they can become more efficient. And by boosting its capacity to mine moreBitcoinby improving its hash rate, Riot can minimize the negative impact that halving events have on its operations.\nAs of the end of last year, Riot's hash rate was 12.4 exahashes per second (EH/s). But by the end of the current year, it expects that rate to rise to 31.5 EH/s. The higher hash rate doesn't guarantee its production will increase accordingly, but it can increase the probability that Riot mines more blocks, and thus, generates more revenue.\nLess efficient companies may not be able to compete on the same scale and end up winding down their operations. By being one of the larger mining companies out there with a more efficient operation, Riot Platforms could come out a winner when all is said and done this year, benefiting from a more efficient operation and a potentially higher price of Bitcoin.\nA big reason investors have been feeling bearish about Riot, however, is that its latest earnings numbers weren't that great. The company released earnings in February and revenue for 2023 grew by 8% to $280.7 million but the company still incurred a net loss of $49.5 million. And that lack of profitability combined with its pursuit of growth and scale means that there's a significant need for cash.\nA big problem for investors in the past has been that Riot Platforms has often resorted to stock offerings to raise money, which is dilutive and bad news for the stock price.\nRiot may benefit from a boost following the Bitcoin halving event as it puts more spotlight on mining stocks, but the risk is that without a stronger financial performance, it could prove to be a temporary rally at best.\nRiot Platforms is one of the more notable Bitcoin mining stocks to invest in today. But with an unprofitable business and a need to scale and be more efficient, it could be a while before this company can demonstrate to investors it has a viable and sustainable business.\nFor now, this is a stock investors are better off keeping an eye on but not investing in just yet. The company needs much stronger fundamentals before it can be anything more than a speculative investment.\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving?was originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stockRiot Platforms(NASDAQ: RIOT), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.\nBut could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce the rewards for Bitcoin mining companies, the net effect could be a positive one for Riot Platforms.\nIn a Bitcoin halving event, mining companies will see the rewards they receive get cut in half. That's bad news for Riot Platforms because instead of receiving 6.25 bitcoins per block (the current rate), miners will only receive 3.125.The next Bitcoin halving event is expected to take place around April 19.\nThe good news for Riot Platforms and other miners is that historically, the price of Bitcoin hasrisen following a halving event. Should there be another increase in price this time around, that would offset the decline in mining rewards. The key question is how high Bitcoin might go following the halving event.\nBitcoin halving events happen roughly every four years, so they don't come as a surprise to Bitcoin mining companies. That gives them plenty of time to prepare and scale so that they can become more efficient. And by boosting its capacity to mine moreBitcoinby improving its hash rate, Riot can minimize the negative impact that halving events have on its operations.\nAs of the end of last year, Riot's hash rate was 12.4 exahashes per second (EH/s). But by the end of the current year, it expects that rate to rise to 31.5 EH/s. The higher hash rate doesn't guarantee its production will increase accordingly, but it can increase the probability that Riot mines more blocks, and thus, generates more revenue.\nLess efficient companies may not be able to compete on the same scale and end up winding down their operations. By being one of the larger mining companies out there with a more efficient operation, Riot Platforms could come out a winner when all is said and done this year, benefiting from a more efficient operation and a potentially higher price of Bitcoin.\nA big reason investors have been feeling bearish about Riot, however, is that its latest earnings numbers weren't that great. The company released earnings in February and revenue for 2023 grew by 8% to $280.7 million but the company still incurred a net loss of $49.5 million. And that lack of profitability combined with its pursuit of growth and scale means that there's a significant need for cash.\nA big problem for investors in the past has been that Riot Platforms has often resorted to stock offerings to raise money, which is dilutive and bad news for the stock price.\nRiot may benefit from a boost following the Bitcoin halving event as it puts more spotlight on mining stocks, but the risk is that without a stronger financial performance, it could prove to be a temporary rally at best.\nRiot Platforms is one of the more notable Bitcoin mining stocks to invest in today. But with an unprofitable business and a need to scale and be more efficient, it could be a while before this company can demonstrate to investors it has a viable and sustainable business.\nFor now, this is a stock investors are better off keeping an eye on but not investing in just yet. The company needs much stronger fundamentals before it can be anything more than a speculative investment.\nBefore you buy stock in Riot Platforms, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Riot Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving?was originally published by The Motley Fool", 'For many investors, billionaire Mark Cuban may be best known as one of the investors on the popular ABC programShark Tank. But for crypto enthusiasts, Cuban is best known as a champion ofBitcoin,Ethereum, andDogecoinduring the previous crypto bull market rally.\nSo what is Cuban buying during the recent crypto bull market? The names might surprise you. He\'s expanding beyond just the two big cryptocurrencies -- Bitcoin and Ethereum -- in search of utility coins that promise to deliver real-world use cases. Let\'s take a closer look at what he\'s adding to his portfolio.\nPolygon(CRYPTO: MATIC)is a Layer-2 scaling solution for Ethereum, helping it to run cheaper, faster, and more efficiently. You can think ofPolygonas a secondary blockchain that sits on top of the core Ethereum blockchain. By doing so, it can mitigate some of the pricing and congestion issues typically faced by Ethereum users.\nThat\'s a clear example of utility, and it\'s easy to see why Cuban is all aboard the Polygon train. After Ethereum co-founder Vitalik Buterin laid out the blockchain\'s strategic roadmap for 2024, he made it a point to highlight the growing role played by Layer-2 scaling solutions. Right now, the future growth story for Ethereum is all about enabling these Layer-2 scaling solutions to do even more. So if Polygon can hitch its growth to that of Ethereum, it should be good news for investors.\nThe bad news, though, is that the Layer-2 blockchain niche has become especially crowded during the past 12 months. As a result, Polygon hasn\'t seen the types of price gains initially expected by investors. Around the time of Ethereum blockchain update knowns as The Merge in 2022, Polygon was trading near the $1 mark. But in the 18 months since, Polygon has dropped below $1 . It is currently trading for less than $0.70, and is down more than 30% for the year. Nonetheless, with a $6.6 billion market cap, it remains one of the top 20 most valuable cryptocurrencies in the world.\nInjective(CRYPTO: INJ)is a Layer-1 blockchain that was purpose-built fordecentralized finance(DeFi). In theory, core DeFi activities -- such as being able to create new DeFi lending protocols, or swapping tokens on decentralized exchanges -- should be faster, cheaper, and easier on Injective than on rival blockchains. In terms of utility, Injective is the blockchain you use if you want to build new financial applications or participate in DeFi.\nAnd, indeed, as measured by one important metric, total value locked (TVL), Injective is gaining ground in the DeFi world. In February, Injective set a record with more than $110 million in TVL, suggesting that more and more crypto users are embracing Injective as an on-ramp to DeFi. Right now, there are more than 100 projects on the Injective blockchain, and a reported 150,000 community members.\nBut, as with Polygon, the results just haven\'t been there this year for Injective. After soaring in price from $1.25 in January 2023 to over $50 in March 2024, Injective is now down about 35% year to date. With a $2.4 billion market cap, though, Injective still ranks as a top 50 crypto in terms of valuation.\nDuring a January AMA ("Ask Me Anything") on X (formerly known as Twitter), Cuban shared an important insight about investing in crypto: "I hate the speculation but love when there is utility." Like many longtime crypto investors, he\'s seen the extreme volatility in the crypto market, and has warned against believing too much in the hype and speculation surrounding certain coins.\nTo mitigate some of that risk, one option is to focus on utility. If you don\'t understand what a crypto does, or what purpose it serves, it might just be that there is no purpose. If that\'s the case, then you probably shouldn\'t be adding it to your portfolio. Trying to chase a speculative meme coin may be fun, but it will rarely be profitable. There\'s no guarantee that you will be profitable with utility coins either, but understanding the core use cases of a crypto can help you make smarter long-term investment decisions.\nBefore you buy stock in Polygon, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polygon wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin, Ethereum, and Polygon. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Injective Protocol, and Polygon. The Motley Fool has adisclosure policy.\nYou Might Be Surprised By the 2 Cryptos That Billionaire Mark Cuban Is Buying for His Portfoliowas originally published by The Motley Fool', 'A look at the day ahead in U.S. and global markets from Mike Dolan\nA sharp retreat in oil prices and a rare joint warning from major economies against excessive dollar strength have helped calm restive markets just as Big Tech earnings start to hit.\nA volatile start to April looked like getting out of hand this week as a combination of stern Federal Reserve warnings about stubborn inflation and geopolitical stress sent the dollar rocketing and seeded four straight daily losses for Wall St stocks.\nBut there\'s been some respite into Thursday\'s session.\nDespite the Middle East tensions and punchy U.S. economic readouts, U.S. crude prices turned tail and have now recoiled some 6.5% from Friday\'s 2024 highs to levels last seen before Israel\'s attack on Iran\'s Syrian consulate on April 1.\nSurging U.S. crude inventories, poor economic numbers from China for March and a U.S. warning about releasing more of its Strategic Petroleum Reserve if necessary have all reined in oil.\nAnd it\'s retreat eases at least some of the inflation anxiety irking bond markets and the Fed and U.S. Treasury yields have fallen back in tandem. Having briefly topped 5% this week, two-year Treasury yields have dropped 10 basis points since.\nThe dollar, similarly, has come off the boil - partly after a warning shot from Japan, South Korea and the United States about potentially destabilising currency moves in Asia.\nWith markets keeping an eye on G7 and G20 finance chiefs in Washington at the International Monetary Fund meetings, the rare three-way statement agreed to "consult closely" on FX markets, acknowledging concerns from Tokyo and Seoul over their currencies\' recent sharp declines.\nThe dollar/yen pair fell back slightly from 34-year highs, although it remains stuck above 154, and South Korea\'s won backed away from its weakest in almost 18 months.\nEasing market concerns that China may allow its yuan to weaken into a competitive regional exporting scramble too, China\'s deputy central bank governor Zhu Hexin separately on Thursday restated Beijing\'s "determination in keeping the yuan exchange rate basically stable."\nThe steadier bond and currency complex helped soothe edgy stock markets around the world as first quarter corporate earnings stream in and attention switches to major tech sector updates.\nAfter Dutch chip equipment firm ASML skidded more than 7% on its earnings miss on Wednesday, there was better news today from Taiwan\'s chipmaking giant TSMC as it reported a beat that rides the wave of demand related to the artificial intelligence boom.\nStreaming firm Netflix kicks off the U.S. Big Tech reporting season later on Thursday.\nThe upshot is U.S. stock futures are slightly firmer ahead of the bell today, but the VIX volatility gauge remains elevated above 18 after the four daily losses for the S&P500 in a row and cumulative losses of almost 5% from the record high set late last month.\nFinancial stocks have had a rough week, with heavy earnings-related share price swoons for Travelers and U.S. Bancorp on Wednesday.\nIn the central banking world, the Fed warnings this week about keeping interest rates restrictive for longer were not matched by its European peers.\nEuropean Central Bank Vice President Luis de Guindos said the ECB has made it "crystal clear" that interest rates could be cut in June - even if policy decisions beyond that remain up in the air.\nElsewhere, Bitcoin steadied after a one-month slide of almost 20% took it to 6-week lows below $60,000 on Wednesday - with this weeks \'halving\' event seen as largely priced in already.\nKey diary items that may provide direction to U.S. markets later on Thursday:\n US corporate earnings: Netflix, Blackstone, Comerica, PPG, Intuitive Surgical, DR Horton, March & McLennan, Snap-On, KeyCorp, Elevance Health, Genuine Parts\n* Philadelphia Federal Reserve\'s April business survey, US March existing home sales, weekly jobless claims\n* G20 finance ministers and central bankers gather at International Monetary Fund\'s Spring meeting in Washington\n* New York Federal Reserve President John Williams, Fed Board Governor Michelle Bowman and Atlanta Fed chief Raphael Bostic speak; European Central Bank vice-president Luis de Guindos presents ECB annual report to European Parliament, ECB policymakers Isabel Schnabel Mario Centeno, Gediminas Šimkus and Boris Vujcic all speak; Bank of England policymaker Megan Greene speaks\n* US Treasury sells 5-year inflation-protected notes, 4-week bills\n(By Mike Dolan, editing by Kirsten Donovan; [email protected])', 'Global Payments Market\nDublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com\'soffering.\nThe Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion.\nDigital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs).\nFurthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world.\nReal-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.\nThe rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential.\nKey Market Drivers\nDigital Transformation and Technology Adoption\n• Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations.\n• Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments.\n• Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market.\nGlobalization and Cross-Border Transactions\n• Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions.\n• Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions.\n• Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems.\nRegulatory Initiatives and Compliance\n• Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development.\n• Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States.\n• Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market.\nChanging Consumer Preferences and Behaviors\n• Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options.\n• Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments.\n• Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth.\nE-commerce and the Rise of Online Transactions\n• Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods.\n• Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem.\n• Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic.\nKey Market Challenges\nSecurity Concerns and Cyber Threats\n• Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems.\n• Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems.\n• Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats.\nRegulatory Complexity and Compliance Burden\n• Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions.\n• Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers.\n• Global Standards: Importance of striking a balance between innovation and compliance in the payments industry.\nFraud and Financial Crime\n• Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems.\n• Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection.\n• Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime.\nInteroperability and Fragmentation\n• Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems.\n• Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions.\n• Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability.\nKey Market Trends\nContactless Payments and Digital Wallets\n• Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security.\n• Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic.\n• Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences.\nOpen Banking and API Integration\n• Transformative Potential: Impact of open banking on collaboration and competition among financial institutions.\n• API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences.\n• Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services.\nCryptocurrency and Blockchain Technology\n• Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods.\n• Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems.\n• Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce.\nBiometric Authentication and Strong Security Measures\n• Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions.\n• Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens.\n• Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments.\nSegmental Insights\nEnd User Insights\n• Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands.\n• Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge.\n• Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends.\nRegional Insights\n• North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology.\n• Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity.\n• Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region.\nKey Attributes:\n[{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}]\nCompetitive Landscape\n• Mastercard Inc.\n• Visa Inc.\n• PayPal Holdings, Inc.\n• AliPay (Alibaba Group)\n• UnionPay International\n• Stripe\n• Adyen\n• WeChat Pay\n• Worldpay\n• Klarna\nScope of the Report\nPayments Market, By End User:\n• Retail\n• Entertainment\n• Healthcare\n• Hospitality\n• Others\nPayments Market, By Mode of Payment:\n• Point of Sale (Card Payments, Digital Wallet, Cash)\n• Online Sale (Card Payments, Digital Wallet)\nPayments Market, By Region:\n• North America\n• United States\n• Canada\n• Mexico\n• Europe\n• France\n• United Kingdom\n• Italy\n• Germany\n• Spain\n• Asia-Pacific\n• China\n• India\n• Japan\n• Australia\n• South Korea\n• South America\n• Brazil\n• Argentina\n• Colombia\n• Middle East & Africa\n• South Africa\n• Saudi Arabia\n• UAE\n• Turkey\n• Egypt\nFor more information about this report visithttps://www.researchandmarkets.com/r/61666l\nAbout ResearchAndMarkets.comResearchAndMarkets.com is the world\'s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\nAttachment\n• Global Payments Market\nCONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900', 'Venture capital funding for cryptocurrency and blockchain projects just experienced the first quarterly rise since 2021, according to Crunchbase datapublished today.\nIn Q1 2024, Web3 startups raised just short of $1.9 billion across 346 deals, a 58% increase from the final quarter of last year. But theoverall downward trajectory of crypto VC interesthas lingered, with year-ago quarterly figures down 17% and the deal count at roughly half.\nInvestors with more of a "long-term thesis" when it comes to Web3 are the ones deploying capital lately, a stark contrast to some of the hype-chasing "tourist investors" more prevalent the last few years, Chris Metinko, the report’s author, toldFortune. "To be honest," he added, "they are probably sitting in AI."\n“You\'re seeing investment in the underlying infrastructure of a decentralized internet—more the \'picks and shovels\' of Web3—and away from the crypto wallets and lenders that we saw raise big rounds in the heyday of 2021 to 2022,” Metinko explained.\nBig rounds remained rare in Q1, as the three largest totaled less than $300 million. Leading the way was a $112 million seed round for Exohood Labs, a company merging AI, quantum computing, and blockchain, at a valuation of $1.4 billion. EigenLabs, which allows developers to“restake” Ether tokens, raised $100 million in a Series B led bya16z crypto, and Freechat, a decentralized social network based on blockchain technology, won $80 million in a Series A.\nValuations also were on the rise, as Web3 saw four unicorns minted after a Q4 lull in which only the Cayman Islands-based blockchain messaging tool Wormhole earned a horn. New additions to the herd include the aforementioned Exohood Labs, Ethereum L2 Berachain for financial applications, blockchain service Io.net to sell excess GPUs, and Web3 infrastructure startup Polyhedra Network.\n“The next few quarters could be very telling for the future of Web3," Metinko wrote in the report. "While investors say they expect investment to eventually bounce back as a decentralized internet becomes more built out, that may not happen for another year as venture continues to stabilize after the go-go days of 2021."\nThat’s because there is often a lag between a raise closing and its documentation. Following the approval of U.S. spot Bitcoinexchange-traded fundsand the upcomingBitcoin halving, the price of Bitcoin isup nearly 60% this year, while Ether has nearly doubled in value, suggesting the venture market may not yet be reflecting what could be long-term, sustainable cryptocurrency appreciation.\nLast week, Monad Labs secured the largest Web3 funding round of the year so far, a $225 million round led by Paradigm. Monad is a layer-1 blockchain compatible with Ethereum but which can process transactions faster. The round is reminiscent of crypto’s 2021-2022 golden era when L1s raised big venture sums, such as Aptos Lab\' $150 million funding.\n“Perhaps," Metinko added, "that is a harbinger of more big-money funding to come."\nThis story was originally featured onFortune.com', "TheSolana(CRYPTO: SOL)cryptocurrency reached multiyear highs in March 2024. But after popping above the $200 mark a couple of times, thesmart contracts platformdropped back below $150 due to a fresh round of inflation-fighting economy concerns.\nSolanais currently trading at roughly $134 per digital coin. Should crypto investors treat this price dip as a buying opportunity or back away from Solana in the spring of 2024?\nThink of Solana as that friend who was always hanging out with the popular kid in school. That popular kid was FTX, a big-deal crypto exchange run by the slightly eccentric but seemingly brilliant Sam Bankman-Fried. FTX loved Solana, promoted it a lot, and they seemed unstoppable together.\nBut then, there was a sudden plot twist. FTX collapsed in a mess of bad decisions and questionable practices. (Think of it as the financial version of finding out your popular friend was cheating on all their tests.) Nearly 20% of the failing crypto-exchange's balance sheet consisted of Solana coins, making it FTX's second-largest financial asset.\nThen, Solana was caught in the aftermath of the FTX meltdown. Now, can the digital coin establish its own identity after that intense drama, or will it always be associated with its fallen partner?\nOnly time will tell, but investors have largely forgiven Solana for its FTX-based sins.\nIn the darkest days of the FTX scandal, alongside the inflation-flavored economic crisis of 2022, Solana fell 96% below its record highs. After a strong climb in recent months, tempered by a significant drop in March and April, Solana has gained 1,280% since the end of 2022.\nA consortium of private equity groups recently bought out the Solana coins from the FTX bankruptcy estate. Meanwhile, Sam Bankman-Fried was sentenced to a 25-year prison term, and his influence has evaporated from the crypto sector.\nThere are few direct ties to the troublesome FTX organization now, and Solana looks ready to move on. The obvious follow-up question is how quickly app developers in the crypto space could be ready to follow suit. And on that note, Solana is doing quite alright.\nData from DeFiLlama shows that the total value locked (TVL) in Solana-based decentralized finance (DeFi) projects now matches the TVL in the spring of 2022. It's a tenfold increase from the rock-bottom developer interest in early 2023.\nDominant rivalEthereum(CRYPTO: ETH)has a similar pattern going on but with a shallower trough over the last 1 1/2 years. And Solana has fared a lot better than many other smart contract challengers such asAvalancheandPolygon-- both largely stuck near their dried-up LTV interest in 2023.\nPast performance is never a guarantee of future results, especially not in the unpredictable cryptocurrency market. That said, Solana looks ready to rock in the long run, based on its healthy developer interest and robust coin-price recovery from the FTX scandal.\nNow it's up to the Solana coin and its developer community to keep that momentum going during the crypto market's cyclical upswing. You can almost set a four-year clock by the crypto sector's ebbs and flows, following the predictable rhythm ofBitcoinreward halvings. The fourth one is happening this week, almost surely followed by higher crypto prices and a broader general interest in anything blockchain-related. People pay close attention to big numbers, you know.\nSolana's recovery could hardly have come at a better time.\nAll things considered, I think this so-called Ethereum killer looks ready to take advantage of the crypto sector's ongoing surge. Most DeFi projects may still prefer the Ethereum protocol, but Solana's high-speed transactions are turning heads right now.\nI can't promise market-beating gains, but grabbing a modest number of Solana tokens during this price dip seems likely to make investors some serious money over the next couple of years -- assuming that the project can keep a foot on the accelerator.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $535,597!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nAnders Bylundhas positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Avalanche, Bitcoin, Ethereum, Polygon, and Last 60 Days of Bitcoin's Closing Prices:* [52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-18 Financial & Commodity Data: - Gold Closing Price: $2382.30 - Crude Oil Closing Price: $82.73 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,209,307,140,625 - Hash Rate: 622687790.7773827 - Transaction Count: 418095.0 - Unique Addresses: 670913.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021. "The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore. Smaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It's up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week. The rally has come in tandem with records tumbling on stock indexes from Japan's Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower. "In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets. "We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', 'During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', "LONDON, April 19 (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March.\nBut what exactly is the halving, and does it really matter?\nWHAT IS IT? The halving, which happens roughly every four years, the latest of which is expected this week, is a change in bitcoin's underlying blockchain technology designed to reduce the rate at which new bitcoins are created.\nBitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.\nNakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.\nSo far, about 19 million tokens have been released.\nHOW DOES IT HAPPEN?\nBlockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.\nMiners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.\nThe blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, roughly every four years.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.\n(For a visual explanation of how blockchain works,\nclick here\n.)\nWHAT HAS IT GOT TO DO WITH BITCOIN'S PRICE?\nSome bitcoin enthusiasts say that bitcoin's scarcity gives it value.\nThe lower the supply of a commodity, all other things being equal, the price should rise when people try and buy more. Bitcoin is no different, they argue.\nOthers dispute the logic, noting that any impact would have already been factored in to the price.\nThe supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce. If miners sell their reserves, that could pressure prices lower.\nSince hitting record highs last month, bitcoin's price has sunk below $64,000. JP Morgan analysts said this week they expect the price to fall further after the halving.\nEstablishing the reasons for a crypto rally is also hard, not least as there is far less transparency than in other markets.\nThe most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, and expectations that central banks will cut interest rates.\nBut in the speculative world of crypto trading, explanations for price changes can snowball into market narratives that become self-fulfilling.\nWHAT ABOUT PREVIOUS HALVINGS?\nThere's no evidence to suggest that previous halvings have been behind bitcoin's subsequent price rises.\nStill, traders and miners have studied past halvings to try and gain an edge.\nWhen the last halving happened on May 11, 2020, the price rose around 12% in the following week and 659% in the following 12 months.\nBut there were many explanations for the rally - including loose monetary policy and stay-at-home retail investors with spare cash - and no real evidence the halving was behind it.\nAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later and then rallying.\nIn short: it's hard to isolate the impact, if any, halvings may have had previously or predict what could happen this time around. Regulators have repeatedly warned that bitcoin is a speculative market driven by hype and one that poses harm to investors.\n(Reporting by Elizabeth Howcroft and Tommy Reggiori Wilkes; Editing by Toby Chopra)", "LONDON, April 19 (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March.\nBut what exactly is the halving, and does it really matter?\nWHAT IS IT? The halving, which happens roughly every four years, the latest of which is expected this week, is a change in bitcoin's underlying blockchain technology designed to reduce the rate at which new bitcoins are created.\nBitcoin was designed from its inception by its pseudonymous creator Satoshi Nakamoto to have a capped supply of 21 million tokens.\nNakamoto wrote the halving into bitcoin's code and it works by reducing the rate at which new bitcoin are released into circulation.\nSo far, about 19 million tokens have been released.\nHOW DOES IT HAPPEN?\nBlockchain technology involves creating records of information - called 'blocks' - which are added to the chain in a process called 'mining'.\nMiners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin.\nThe blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, roughly every four years.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins.\n(For a visual explanation of how blockchain works,\nclick here\n.)\nWHAT HAS IT GOT TO DO WITH BITCOIN'S PRICE?\nSome bitcoin enthusiasts say that bitcoin's scarcity gives it value.\nThe lower the supply of a commodity, all other things being equal, the price should rise when people try and buy more. Bitcoin is no different, they argue.\nOthers dispute the logic, noting that any impact would have already been factored in to the price.\nThe supply of bitcoin to the market is also largely down to crypto miners but the sector is opaque, with data on inventories and supplies scarce. If miners sell their reserves, that could pressure prices lower.\nSince hitting record highs last month, bitcoin's price has sunk below $64,000. JP Morgan analysts said this week they expect the price to fall further after the halving.\nEstablishing the reasons for a crypto rally is also hard, not least as there is far less transparency than in other markets.\nThe most common reason given for this year's surge is the U.S. Securities and Exchange Commission's January approval of bitcoin ETFs, and expectations that central banks will cut interest rates.\nBut in the speculative world of crypto trading, explanations for price changes can snowball into market narratives that become self-fulfilling.\nWHAT ABOUT PREVIOUS HALVINGS?\nThere's no evidence to suggest that previous halvings have been behind bitcoin's subsequent price rises.\nStill, traders and miners have studied past halvings to try and gain an edge.\nWhen the last halving happened on May 11, 2020, the price rose around 12% in the following week and 659% in the following 12 months.\nBut there were many explanations for the rally - including loose monetary policy and stay-at-home retail investors with spare cash - and no real evidence the halving was behind it.\nAn earlier halving occurred in July 2016. Bitcoin rose around 1.3% in the following week, before plunging a few weeks later and then rallying.\nIn short: it's hard to isolate the impact, if any, halvings may have had previously or predict what could happen this time around. Regulators have repeatedly warned that bitcoin is a speculative market driven by hype and one that poses harm to investors.\n(Reporting by Elizabeth Howcroft and Tommy Reggiori Wilkes; Editing by Toby Chopra)", 'April 19:Telos Foundation, which supports the Telos blockchain,saidit will work with Ponos Technology, a zero-knowledge-proof research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. According to the team: "Telos will also work with several other new partners during the L2\'s development cycle, including Digital M.O.B. (Ethereum dev team), ATKA (Web3 incubator) and Cometh (dev team led by ETH France President Jerome De Tychey)."\nApril 18:Safe, a provider ofblockchain smart accounts, has "welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed thestrategic acquisition of the Multis source code," according to the team: "Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem. Together, the Safe and former Multis team will collaborate to solve the complexities of cross-chain interaction through network abstraction, with the goal of enabling users to manage assets across diverse blockchain networks effortlessly." Multis offers a crypto business wallet, according to itswebsite.\nApril 18:Aethir, a leader in decentralized cloud computing, introduced the Aethir Edge device powered by Qualcomm, "a significant leap in edge computing with a decentralized infrastructure that enhances reliability by distributing capacity across peer nodes," according to a message from the team. "Aethir Edge is the hardware component of the Aethir DePIN stack, and it is, in all aspects, a hardware device built to power the next generation of GPU cloud computing. Through Aethir Edge, we enable everyone to join Aethir\'s network as a service provider who wishes to contribute their underutilized broadband, IP addresses, bandwidth, or GPU computing resources to our DePIN in exchange for 23% of $ATH token rewards," according to ablog post published Thursday.\nApril 18:Nodle(NODL), a smartphone-based DePIN powering applications for authenticating media content, locating assets or proving location, announced it will belaunching on zkSync Era, an Ethereum layer-2 network built around zero-knowledge (ZK) technology. According to the team: "The first initiative of Nodle’s DePIN launching on zkSync will be the deployment of its new Click camera app, the world\'s first Digital Trust Network. This marks a significant advancement for Nodle by using blockchain technology for media authentication to fight misinformation leveraging the scalability and efficiency of zkSync." Launched in 2017, Nodle was originally based on theStellar blockchainand later moved toPolkadot.\nApril 18:Tom Couture, vice president of crypto strategy at the analysis firmFundStrat, writes in a quarterly report out Thursday: "The crypto industry saw over $2.3 billion in private funding across 367 deals, marking a significant increase in activity and the first time total funding has surpassed $2 billion since Q2 of 2023. Infrastructure remained the most popular investment category, attracting nearly $1.1 billion across 141 deals, reflecting ongoing industry efforts to enhance scalability and user experience."\nApril 18:Ordz Gamessaid its new GameFi-meets-DePIN handheld device, "BitBoy One," sold out its first 1,000 units in two minutes during a public sale, after launching in Paris, Hong Kong and Dubai. The device wasfeatured in Protocol Village on April 7.\nApril 18:ARPA Network, asecure computation networkfor blockchain-adapted cryptography, said itsRandcast, an on-chain verifiable random number generator, has launched on the testnet forRedstone, an optimistic rollup layer-2 framework crafted by the Ethereum-focused engineering companyLattice, built on the OP Stack, according to the team: "The integration of Randcast with Redstone pushes more seamless and enriched on-chain gaming experiences. Together, this streamlines the developer experience for those crafting ambitious applications, games and worlds. Randcast’s dev-friendly Smart Contract SDK allows for the effortless integration of randomness, so with the Redstone integration it pushes the limits of what is possible to build on the EVM."\nApril 18:Nym Technologies,a blockchain privacy infrastructure project, has joined the Liquid Federation to help secure and scale the Bitcoin layer-2 ecosystem to meet global demand, according to the team: "This is the first step in a deeper partnership between Nym, the Liquid Federation and Blockstream. The next step will be the integration of Liquid on the Nym mixnet, extending Liquid’s default confidentiality to also protect the patterns of transactions in transit, and enabling strong network level privacy to Bitcoin users who are using layer-2 protocols to stack sats to save on fees and for greater confidentiality."\nApril 18:Matter Labs, the main developer behind the Ethereum rollup zkSync, hired Nana Murugesan, former vice president for business development and international at Coinbase, as president. At Coinbase, "he oversaw global business development and partnerships, international operations, and asset listings," according to a press release. "Prior to his time at Coinbase, he served as Managing Director at Snap Inc., where he led Snapchat’s global expansion and strategic partnerships."\nApril 18:Nibiru, a new blockchain backed by Tribe Capital and led by ex-Google, IBM, and JP Morgan execs, is "launching a $15M program, aiming to prevent a potential talent drain amid the crypto market recovery. The initiative, includes a $5M allocation for Asia, will offer financial incentives and funding to developers driving the adoption of a new L1. The goal is to keep talent building in the Web3 space as the industry struggles to retain skilled developers tempted by opportunities in other sectors."\nApril 18:Aptos Labs, the developers behind the Aptos layer-1 blockchain, said it is collaborating with Microsoft, Brevan Howard and South Korean wireless telecommunications operator SK Telecomto offer institutions a gateway into decentralized finance. The partnership will offer Aptos Ascend, a suite of end-to-end institutional solutions like regulatory requirement help, tools to maintain account and transaction privacy and embedded features for know-your-customer (KYC) checks. {{APT}}\nApril 18:P2P.org, a provider ofnon-custodial staking services for professional investors, introduced "restaking with DVT on staking infrastructure SSV Network, recently surpassing 500,000 ETH staked. The new offering leverages EigenLayer technology to provide institutional clients a secure, decentralized staking option. With an APR exceeding 5.6%, it taps into Ethereum and layer-2 chains, endorsed by flagship client crypto financial services platformMatrixport."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.', '(Updates at 0805 GMT)\nBy Huw Jones\nLONDON, April 19 (Reuters) - Global shares eased, oil prices surged and U.S. bond yields fell on Friday after reports that Israel attacked Iran, in the latest reminder of how the Middle East tinderbox is casting a growing shadow over markets.\nIsrael\'s attack on Iranian soil was the latest tit-for-tat exchange between the two arch foes, sending safe haven currencies such as the yen and Swiss franc higher and putting gold on track for its fifth week of gains.\nOil prices jumped $3 a barrel on concern that Middle East oil supply could be disrupted, but later pared some of the gains after Iran said it has not plans for an immediate retaliation, denying that any attack had taken place.\nU.S. Treasuries rallied, pushing down yields on the benchmark 10-year bond to 4.5899%.\nThe MSCI All Country stock index was down 0.38% at 746.54 points, retreating further from its lifetime high of 785.62 points a month ago, though still up about 3% for the year.\nIn Europe, the STOXX index of 600 leading companies was down 0.7%.\nMarkets are caught in the crosshairs of a "triple whammy" - a U.S. Federal Reserve reluctant to cut interest rates, disappointing semiconductor earnings, such as at Taiwan\'s TSMC, and rising geopolitical risks.\nNaka Matsuzawa, chief macro strategist at Nomura in Tokyo said the events in the Middle East exacerbate the trend of rising global inflation expectations.\n"This is not just a Middle East thing that causes the risk off now. More fundamentally, it\'s the fading rate-cut expectations by the Fed, and on the back of it is higher inflation expectations, and this conflict...makes the thing worse basically," Matsuzawa said.\nU.S. stock index futures were down about 0.4%, with no major data expected before the opening bell.\nNetflix will be an initial focus on Wall Street after its shares fell after-hours on Thursday when the company unexpectedly announced that it will stop reporting subscriber numbers each quarter, seen as a sign that years of customer gains in the streaming wars are coming to an end.\nRoss Yarrow, managing director of equities at RW Baird, said the tensions in the Middle East have the potential to tick the two biggest inflation risk boxes.\n"The first of that is an oil shock - we have seen this tape play out before, with Brent over $100 a barrel and so on," Yarrow said.\n"The other is container shipping costs," Yarrow said, adding that so far there was no sign of these going back up after their blip higher earlier in the year due to tensions in the Red Sea.\nMeanwhile, first quarter earnings season gets underway, with market expectations quite low with pressure on a narrow group of stocks to perform, Yarrow added.\nCHIPS ARE DOWN\nEquity markets were already heading lower before the Middle East headlines, as more robust U.S. economic data spurred additional Fed officials to signal no rush to lower interest rates.\nChip-sector stocks were hit particularly hard by both the outlook for protracted tight monetary policy and investor disappointment at Taiwan Semiconductor Manufacturing Co\'s decision to leave capital spending plans unchanged. The stock slumped as much as 6.6%.\nA day earlier, ASML, the largest supplier of equipment to computer chip makers, reported lacklustre new bookings.\nMSCI\'s broadest index of Asia-Pacific shares was down 1.7%, after earlier diving as much as 2.6%.\nThe safe-haven yen rallied as much as 0.7% against the dollar, but was last trading little changed on the day. The Swiss franc was about 0.6% higher versus the dollar, paring earlier gains of as much as 1.2%.\nGold was 0.3% higher at $2,385 an ounce, but had risen as far as $2,417.59, just shy of last week\'s all-time high at $2,431.29.\nBrent futures surged as much as 4.2% and were last up 0.9% at $87.95. Iran is the third-largest oil producer of the Organization of the Petroleum Exporting Countries, according to Reuters data.\nBitcoin was up 1.6% at $64,559.\nJapan\'s Nikkei was last down 2.6%, while Taiwan\'s stock benchmark fell 3.8%. Hong Kong\'s Hang Seng lost 0.9%.\n(Reporting by Huw Jones, additional reporting by Kevin Buckland; Editing by Sam Holmes and Christian Schmollinger, Kirsten Donovan)', 'Bitcoin\'s (BTC) price has been volatile this week, whipsawing between $59,980 (£48,222) and $64,500 on Friday alone, ahead of the upcoming "halving" event.\nThe Bitcoin halving, occurring approximately every four years, involves a reduction in the number of bitcoins rewarded to miners, creating scarcity and potentially impacting thecryptocurrency\'s price. It is expected to complete on either 19 or 20 April, with the block reward dropping from 6.25 to 3.125 BTC per block.\nPrevious halvings have spurred on price increases for the crypto-asset. On Friday morning in London bitcoin\'s price had increased 5.3% over the last 24 hours.\nRead more:What is bitcoin halving and how will it impact its price?\nThis halving comes after the approval of multiple spot Bitcoin exchange traded funds in January, which has seen billions of inflows into products launched by the likes of Blackrock (BLK) and Fidelity.\nOil prices have been on a wild ride this week, with volatility spurred on by rising tensions in the middle east.\nBrent crude and West Texas Intermediate fell in tandem on Wednesday before spiking again on Friday asenergy markets weigh Iran\'s attack on Israel, and Israel\'s air strikes in retaliation late on Thursday.\nRead more:FTSE 100 LIVE: European stocks slump and oil rises as Israel retaliates against Iran\nThere have so far not been any reports of damage or casualties in Iran, according toSky News.\nBrent crude was trading at $87.90 per barrel on Friday while crude sat at $83.53. Both were up about 1% just after 9am.\nNetflix stock was trending almost 4.8% lower in premarket on Friday after it posted a disappointing second quarterrevenue forecast.\nDespite other positive numbers — such as a rise in operating income of 54% and additional 9.3m subscribers globally in the first quarter — management said net additions would slow in Q2 compared with Q1 due to "typical seasonality".\nRead more:Stocks that are trending today\nMeanwhile, operating margin rose by seven percentage points to 28% and management raised its full-year margin guidance to 25%.\nGold briefly flirted with record highs again on Friday, jumping to $2,428 an ounce as geopolitical risk sends traders to haven assets. It is currently sitting at just above $2,404. The rally in this year alone due to multiple conflicts has seen gold\'s price rise from just above $2,000.\n"A clear geopolitical risk premium has been driving the market, though a simple metric of M1 to gold above ground implies $2,400 is about average," said Neil Wilson, chief market analyst at Finalto.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin\'s (BTC) price has been volatile this week, whipsawing between $59,980 (£48,222) and $64,500 on Friday alone, ahead of the upcoming "halving" event.\nThe Bitcoin halving, occurring approximately every four years, involves a reduction in the number of bitcoins rewarded to miners, creating scarcity and potentially impacting thecryptocurrency\'s price. It is expected to complete on either 19 or 20 April, with the block reward dropping from 6.25 to 3.125 BTC per block.\nPrevious halvings have spurred on price increases for the crypto-asset. On Friday morning in London bitcoin\'s price had increased 5.3% over the last 24 hours.\nRead more:What is bitcoin halving and how will it impact its price?\nThis halving comes after the approval of multiple spot Bitcoin exchange traded funds in January, which has seen billions of inflows into products launched by the likes of Blackrock (BLK) and Fidelity.\nOil prices have been on a wild ride this week, with volatility spurred on by rising tensions in the middle east.\nBrent crude and West Texas Intermediate fell in tandem on Wednesday before spiking again on Friday asenergy markets weigh Iran\'s attack on Israel, and Israel\'s air strikes in retaliation late on Thursday.\nRead more:FTSE 100 LIVE: European stocks slump and oil rises as Israel retaliates against Iran\nThere have so far not been any reports of damage or casualties in Iran, according toSky News.\nBrent crude was trading at $87.90 per barrel on Friday while crude sat at $83.53. Both were up about 1% just after 9am.\nNetflix stock was trending almost 4.8% lower in premarket on Friday after it posted a disappointing second quarterrevenue forecast.\nDespite other positive numbers — such as a rise in operating income of 54% and additional 9.3m subscribers globally in the first quarter — management said net additions would slow in Q2 compared with Q1 due to "typical seasonality".\nRead more:Stocks that are trending today\nMeanwhile, operating margin rose by seven percentage points to 28% and management raised its full-year margin guidance to 25%.\nGold briefly flirted with record highs again on Friday, jumping to $2,428 an ounce as geopolitical risk sends traders to haven assets. It is currently sitting at just above $2,404. The rally in this year alone due to multiple conflicts has seen gold\'s price rise from just above $2,000.\n"A clear geopolitical risk premium has been driving the market, though a simple metric of M1 to gold above ground implies $2,400 is about average," said Neil Wilson, chief market analyst at Finalto.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Ever since the Securities and Exchange Commission (SEC) approved some spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs), cryptocurrency-related news items have shown up on the front page of the financial press and even the nonfinancial press. Crypto veterans might find it amusing to see pundits suddenly using geek-speak and debating the expected impact of the imminent Bitcoin halving event.\nWhile the halving can\'t be disregarded as a nonfactor, it shouldn\'t be viewed as the be-all and end-all of Bitcoin-related events. And with the Bitcoin price knocking on $70,000\'s door but then pulling back, there are other considerations -- including the musings of a central bank that\'s not necessarily crypto-friendly and that will remain meaningful for years to come.\nJust to recap, the halving is an event in which the reward for mining Bitcoin is reduced by 50%. There\'s an upcoming halving event, estimated to occur this Saturday or so, wherein miners\' reward for verifying transactions on the Bitcoin blockchain will be halved from 6.25 coins to 3.125.\nThis isn\'t done to impoverish Bitcoin miners, of course; rather, halvings reduce the supply growth of the coins. After all, a main pillar of the bullish Bitcoin thesis is that it\'s written into the code that the token\'s supply will be limited, thereby preventing inflation and debasement.\nIt\'s tempting to make a bigger deal of the halving event than is warranted. This time, it\'s been thrust into the media not because this particular halving is special or different, but mostly because awareness is building and the Bitcoin price rallied recently. Moreover, it feels like the Summer Olympics because Bitcoin halvings only happen once every four years.\nAdditionally, huge but diminishing Bitcoin price rallies (93 times, 30 times, and 8 times) have followed the previous three halvings. Don\'t get too excited, though, as the historical sample size, at just three, is quite insufficient to draw any definitive conclusions.\nMost of all, the financial markets are efficient, awareness is widespread this time around, and the impending halving event and its expected post-event rally have probably already been priced in ahead of time. Consider the possibility that, just maybe, foreknowledge of this year\'s halving event (along with a heaping dose of spot Bitcoin ETF hype) is what pushed Bitcoin to $70,000 in the first place.\nInstead of obsessing over the halving, Bitcoin investors should keep tabs on America\'s central bank and monetary policy maker, the Federal Reserve. Unlike the halving event, which is known and already factored in, future Fed policy decisions remain unknown, unknowable, and ever in flux.\nThe market\'s consensus estimate for the number of interest rate cuts in 2024 has dropped from six or seven, to maybe two or three, to possibly one or none. This helps to explain why bond yields recently rose and theS&P 500pulled back from its seemingly relentless rally.\nNot long ago, at the Washington Forum on the Canadian Economy, Fed Chairman Jerome Powell warned of a "lack of further progress so far this year on returning to our 2% inflation goal." In other words, while the Fed will always remain data dependent, don\'t count on an interest rate cut happening anytime soon.\nThat\'s potentially bad news for risk-on assets, and cryptocurrency is among the most risk-on of all. Until the Fed pivot actually happens and it cuts rates, investors should expect Bitcoin to wobble and lurch.\nBut then, volatility is par for the course with crypto, even if it\'s Bitcoin, the bluest of blue-chip tokens.HODL-ing(crypto lingo for "holding") Bitcoin involves a long-term thesis that an inflation-resistant asset can gain value in relation to an inflation-wracked currency (i.e., the U.S. dollar, against which Americans generally value Bitcoin). If you\'re on board with this bold concept and have a years-long time horizon, then it makes perfect sense to buy Bitcoin while it\'s below $70,000 -- and if the halving happens to give your Bitcoins value a boost, all the better.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $514,887!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It\'s Below $70,000?was originally published by The Motley Fool', 'Ever since the Securities and Exchange Commission (SEC) approved some spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs), cryptocurrency-related news items have shown up on the front page of the financial press and even the nonfinancial press. Crypto veterans might find it amusing to see pundits suddenly using geek-speak and debating the expected impact of the imminent Bitcoin halving event.\nWhile the halving can\'t be disregarded as a nonfactor, it shouldn\'t be viewed as the be-all and end-all of Bitcoin-related events. And with the Bitcoin price knocking on $70,000\'s door but then pulling back, there are other considerations -- including the musings of a central bank that\'s not necessarily crypto-friendly and that will remain meaningful for years to come.\nJust to recap, the halving is an event in which the reward for mining Bitcoin is reduced by 50%. There\'s an upcoming halving event, estimated to occur this Saturday or so, wherein miners\' reward for verifying transactions on the Bitcoin blockchain will be halved from 6.25 coins to 3.125.\nThis isn\'t done to impoverish Bitcoin miners, of course; rather, halvings reduce the supply growth of the coins. After all, a main pillar of the bullish Bitcoin thesis is that it\'s written into the code that the token\'s supply will be limited, thereby preventing inflation and debasement.\nIt\'s tempting to make a bigger deal of the halving event than is warranted. This time, it\'s been thrust into the media not because this particular halving is special or different, but mostly because awareness is building and the Bitcoin price rallied recently. Moreover, it feels like the Summer Olympics because Bitcoin halvings only happen once every four years.\nAdditionally, huge but diminishing Bitcoin price rallies (93 times, 30 times, and 8 times) have followed the previous three halvings. Don\'t get too excited, though, as the historical sample size, at just three, is quite insufficient to draw any definitive conclusions.\nMost of all, the financial markets are efficient, awareness is widespread this time around, and the impending halving event and its expected post-event rally have probably already been priced in ahead of time. Consider the possibility that, just maybe, foreknowledge of this year\'s halving event (along with a heaping dose of spot Bitcoin ETF hype) is what pushed Bitcoin to $70,000 in the first place.\nInstead of obsessing over the halving, Bitcoin investors should keep tabs on America\'s central bank and monetary policy maker, the Federal Reserve. Unlike the halving event, which is known and already factored in, future Fed policy decisions remain unknown, unknowable, and ever in flux.\nThe market\'s consensus estimate for the number of interest rate cuts in 2024 has dropped from six or seven, to maybe two or three, to possibly one or none. This helps to explain why bond yields recently rose and theS&P 500pulled back from its seemingly relentless rally.\nNot long ago, at the Washington Forum on the Canadian Economy, Fed Chairman Jerome Powell warned of a "lack of further progress so far this year on returning to our 2% inflation goal." In other words, while the Fed will always remain data dependent, don\'t count on an interest rate cut happening anytime soon.\nThat\'s potentially bad news for risk-on assets, and cryptocurrency is among the most risk-on of all. Until the Fed pivot actually happens and it cuts rates, investors should expect Bitcoin to wobble and lurch.\nBut then, volatility is par for the course with crypto, even if it\'s Bitcoin, the bluest of blue-chip tokens.HODL-ing(crypto lingo for "holding") Bitcoin involves a long-term thesis that an inflation-resistant asset can gain value in relation to an inflation-wracked currency (i.e., the U.S. dollar, against which Americans generally value Bitcoin). If you\'re on board with this bold concept and have a years-long time horizon, then it makes perfect sense to buy Bitcoin while it\'s below $70,000 -- and if the halving happens to give your Bitcoins value a boost, all the better.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $514,887!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin While It\'s Below $70,000?was originally published by The Motley Fool', "Since I started investing inBitcoin(CRYPTO: BTC)in the early 2010s, I've made quite a few mistakes in cryptocurrency investing that it would be good for other investors to avoid. Each of these errors eventually taught me something valuable, and, with practice, I don't make them anymore.\nHere are four of my worst mistakes -- and how to avoid making them yourself, even when it's very tempting.\nMy most consistent mistake in crypto investing has been to buy when coins are pricey due tofear of missing out (FOMO)on the rest of an ongoing speculative boom.\nLet's take a moment and look at a chart ofDogecoin(CRYPTO: DOGE)over the past five years:\nIf you had the power to choose, where would you prefer to buy? Probably well in advance of 2021's major run-up, though getting in after the first small wave of attention wouldn't have been too bad. Even after the big crash, you'd still be holding your coins at a profit.\nNow, where would you least prefer to invest? At the top of the peak in 2021, of course. And yet time and time again, countless cryptocurrency investors make the choice to buy when prices are in the stratosphere, only to later get shaken out of their positions when the price drops.\nAvoiding this mistake is easier when you appreciate that there are many different opportunities to catch in the cryptocurrency market. It's true that speculative bubbles in a coin's pricing can last much longer than most people expect. It's also true that if you're patient enough, sometimes it doesn't matter what price you buy your tokens at.\nBut you'll have a much easier time holding onto your positions if you accept that you're not going to be able to capitalize on every single opportunity, including some of the ones that become the most popular. Always try to step back and recognize where the market is in the hype cycle before committing.\nAs you may have guessed thanks to the success ofmeme coinslike Dogecoin andShiba Inu(CRYPTO: SHIB), among others, a cryptocurrency does not necessarily need to have an actual use for its price to run up to absurd heights.\nIn fact, to date, no utility coins intended solely for a non-speculative purpose have ever reached anywhere remotely in the ballpark of the coin market caps of the big memes. With the advent of distributed autonomous organization (DAO) coins and other utility-oriented projects, that may eventually change.\nFor now, a coin having an actual end use is just a bonus, and only if the strategic vision of the coin's developers is persuasive and brought to fruition. And take note: The Shiba Inu team's plan to build out an ecosystem of services called the Shibarium during the past few years has done very little to raise its price. So simply adding utility to a meme coin project is not necessarily adding much value.\nIt took me a long time to recognize that utility is not everything. I watched Dogecoin rise from the sidelines, convinced that it would never be used for anything, and that it would crash to zero.\nIt did crash. But not to zero. And people still buy it to this day. The lesson here is that sometimes our instincts derived from outside the cryptocurrency market are totally wrong, and it pays to study how and why.\nLetting your winners ride before taking profits is often a good choice. When it's time to cash in, there's a right way and a wrong way to take profits from your winning positions.\nThe right way is to know when a coin has reached one of the price targets in your investing plan, trim a sizable chunk off to take profit, and then reassess whether it's worth holding the remainder for longer.\nAnd then there's the way that I've tended to do it: Selling 100% of my holdings in one go after giddily holding it on the way up, past my original price target. The consequences were missing out on even larger gains from holding even longer.\nI made this mistake multiple times with my Bitcoin positions from 2012 through 2015 because I lacked the conviction to hold -- and those tokens would be worth millions and millions now. Look at this chart:\nYou might be thinking that it's not so bad to take profits too heartily, as at a minimum the profit is secured, and you're correct on that point.\nIt's a question of optimizing your investing workflow for making the most money; if you don't need the profits today, and you don't have a better investment to funnel the extra cash to, there's simply not much reason to quit your position entirely if your Last 60 Days of Bitcoin's Closing Prices: [51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-19 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,218,627,577,344 - Hash Rate: 648454182.1198951 - Transaction Count: 393190.0 - Unique Addresses: 727141.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin fell to as low as $50,700 late Wednesday, while ether dropped just under $2890 before reversing losses early Thursday. • Some traders said the sell-offs were expected and not indicative of a broader market trend, citing price-action analysis. The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took profits and market observers looked to the earnings report of chipmaker Nvidia (NVDA) as a catalyst for movements. Bitcoin {{BTC}} fell to as low as $50,700 late Wednesday, while ether {{ETH}} dropped just under $2890 before reversing some losses. Polygon’s MATIC led losses among crypto majors, slipping 7%, while Cardano’s ADA and XRP were down as much as 5%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, dropped 1.2%. Markets slumped in anticipation of Nvidia’s fourth-quarter earnings reports, which beat expectations andspurred a rallyin artificial intelligence (AI) tokens. AI tokens saw a surge in activity last week on the back of OpenAI introducing its Sora product. The total market cap of AI tokens crossed $15 billion, with Worldcoin’s WLD hitting an all-time high. The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs or bets on higher prices. Shorts, or bets on lower prices, were later impacted as the market recovered following the Nvidia report. As such, some traders said the sell-off was expected and not indicative of a broader market trend, citing price-action analysis. “Bitcoin has managed to avoid a sell-off without replicating the upward momentum observed in recent days,” said Alex Kuptsikevich, FxPro senior market analyst, in an email. “Technically, Ethereum’s pullback to $2700 is a correction of this month’s rally and should not cause much alarm. “A break below these levels could be a cause for concern for these assets,” he added. However, some market participants are predicting the start of the alt season, but some remain cautious. Markus Thielen, head of 10x Research, pointed to the continued dominance of bitcoin with a 51% market share in a report earlier this week. Thielen said dominance “needs to fall below 45%” for the altcoin season to begin. Bitcoin dominance represents the ratio between the market capitalization of bitcoin and the market capitalization of all other cryptocurrencies. Historically, falling dominance has indicated a migration of capital toward other tokens, which is favorable for altcoin investors.... - Reddit Posts (Sample): [['u/Purplepunch36', 'Had to sell out, new BTC balance 0.00', 767, '2024-04-19 01:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', 'Feels bad man. My goal was to get to .1 BTC, almost had it at .095 BTC but life sometimes hands you lemons sometimes and you gotta do what you gotta do.\n\nStarted my own business recently and been working my ass off but bills and paying down debt comes at you fast. I at least used it to pay off a credit card so even though my BTC balance is at 0, so is my AMEX.\n\nAnyway, just venting but I hope to be back at it. Just going to bust ass and get things going even harder now. Sad to see, but also a huge motivator in a way. Love this subreddit and all the shitposting, the comments honestly make my day in most situations at least. ', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', '1c7hfr2', [['u/midastouch900', 106, '2024-04-19 01:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ws3z/', "I just bought so I may well have it, thank you brother, I'll keep it safe! Look forward to you re-joining when the time is right.", '1c7hfr2'], ['u/Purplepunch36', 17, '2024-04-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07xhjh/', 'Appreciate it haha', '1c7hfr2'], ['u/lordinov', 10, '2024-04-19 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07y4yw/', 'Got 8k in credit card debt at the moment. Better to pay 200 monthly payment half of it interest than to sell 8k btc to clear it but that’s me', '1c7hfr2'], ['u/icanhazglass', 10, '2024-04-19 01:22', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07yc8r/', "Gotta live you're life.", '1c7hfr2'], ['u/Own-Veterinarian-289', 32, '2024-04-19 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ysk7/', 'Don’t downplay the importance of your own business! Imagine yourself getting more income because of your business and being able to buy more bitcoin in the near future', '1c7hfr2'], ['u/Daisyssssmom', 887, '2024-04-19 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07zr31/', 'When your business takes off you’ll be a wholecoiner', '1c7hfr2'], ['u/Purplepunch36', 305, '2024-04-19 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ay2/', 'I needed that, thank you.', '1c7hfr2'], ['u/Purplepunch36', 11, '2024-04-19 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ilg/', 'Oh for sure. I mean I went I to this knowing these isn’t overnight success but still sucks. Bittersweet feeling for sure', '1c7hfr2'], ['u/Purplepunch36', 18, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080osy/', 'Debt freaks me out and unfortunately not in a position to have anything hurt the good ol credit score right now', '1c7hfr2'], ['u/Salty-Yak-9225', 12, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080rms/', "I think you should only invest if you have money to throw around. Get your business on track and when you're raking it in, think about investing.", '1c7hfr2'], ['u/JMoops', 44, '2024-04-19 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l082p3s/', 'Has to do a similar thing a while back. I have a child with Autism and he struggles hard at school so my wife’s hours were cut back drastically. Had to sell all my BTC just so we wouldn’t be kicked out of our home.', '1c7hfr2'], ['u/Inevitable_Art8536', 247, '2024-04-19 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08329x/', 'Having 1 BTC doesn’t really matter if you have 60k in credit card debt. \n\nPaying off the debt is the right thing to do', '1c7hfr2'], ['u/XBThodler', 27, '2024-04-19 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l084muo/', "You've started a new business? Wise up and accept Btc payments right off the bat 😀 soon you'll be reaching your goal", '1c7hfr2'], ['u/Purplepunch36', 40, '2024-04-19 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085jmh/', 'I’d say your situation is 10x more important than mine. Good for you man. Good dad.', '1c7hfr2'], ['u/Purplepunch36', 49, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085nn7/', 'Agree, not about to deal with that interest either. I’ll be back.', '1c7hfr2'], ['u/Complex_Signature821', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085qck/', 'Thats wat bitcoin is for 🤷\u200d♂️, u sell it when u need or want the money', '1c7hfr2'], ['u/Supercc', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085ris/', "It's ok brother, success is falling 7 times and getting up 8.\n\n\nKeep at it.", '1c7hfr2'], ['u/Complex_Signature821', 24, '2024-04-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l0860vm/', 'Give people a 5% discount if they pay with bitcoin then theyd rlly be incentivized to use bitcoin', '1c7hfr2'], ['u/joannew99', 12, '2024-04-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l088gf1/', "5% isn't enough to incentivize anyone, not even someone who already knows about BTC. Gonna need 15%+ discount to pique people's interest.", '1c7hfr2'], ['u/Weak-Signature-6285', 73, '2024-04-19 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08a6sg/', 'There is nothing wrong with investing in yourself first', '1c7hfr2'], ['u/Inevitable_Art8536', 13, '2024-04-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08bpkb/', 'This make zero sense.', '1c7hfr2'], ['u/Yung-Split', 15, '2024-04-19 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08c06h/', 'I thought about this a few weeks ago and the truth of the matter is, investing in bitcoin is investing in yourself. Who was it that had the wits about them to study and learn and invest in Bitcoin? YOU! An investment in bitcoin is a bet on your ability to discern a good investment.', '1c7hfr2'], ['u/Tasty_Action5073', 11, '2024-04-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ddl2/', 'My friend. Your Bitcoin saved you. That’s why it’s here.', '1c7hfr2'], ['u/CryptoSpyro', 12, '2024-04-19 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ebw6/', "Doesn't that same logic apply to every investment provided you do your due diligence XD", '1c7hfr2'], ['u/nickoaverdnac', 11, '2024-04-19 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08fary/', "All that matters is that you OWN SOMETHING.\n\nThat could be bitcoin, it could be a house, it could be a business. But the whole damn point is to have something that grows with inflation. \n\nDon't sweat it, you're doing great!", '1c7hfr2'], ['u/BlackRaider007', 13, '2024-04-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08jlu7/', 'OP said .1 BTC (0.1)', '1c7hfr2'], ['u/cryptoguerrilla', 14, '2024-04-19 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08tddo/', 'Due what?? I bought BTC for the cheap internet weed.', '1c7hfr2'], ['u/Fame8X', 39, '2024-04-19 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08x1du/', 'Do not do what I’ve done and let that credit card get used again. You sacrificed something, now put it away and out of your wallet if you don’t desperately need it.', '1c7hfr2'], ['u/RobbAllen15', 17, '2024-04-19 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09hywc/', "Bury it in a waterproof locked box under one of your neighbor's daughter's windows because then you know you don't want to go and get it unless you really have to! You don't want your neighborhood thinking you're a pervert. Lol", '1c7hfr2'], ['u/njchil', 14, '2024-04-19 11:18', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09uwvj/', "Let people pay you in BTC for your business! You'll be laughing", '1c7hfr2']]], ['u/loondri', 'I studied 5,000+ Series A and Series B stage companies in the USA to identify the next unicorns', 32, '2024-04-19 01:49', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', "I researched over 5000 Series A and Series B stage companies in the USA to identify the next unicorns.\n\nI identified 10 companies that I feel could become unicorns very soon based on several factors including growth rates, hiring trends, and leadership. I then ranked them on a few metrics and presented the data to you below.\n\nI used Crustdata's database for this research.\n\n# Top 10 Fastest Growing Soonicorn Companies in the USA\n\n1. LangChain is a language model application development library that develops a language model framework to power applications.\n\n2. Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease.\n\n3. Duckbill is an execution engine for daily tasks that functions as a personal assistant copilot using AI-powered technology.\n\n4. Gutsy is a data-driven security governance platform that applies process mining to secure enterprises.\n\n5. rabbit inc. is a tech company specializing in creating a customized operating system using a natural language interface. They most recently launched the rabbit r1 that got a lot of attention worldwide.\n\n6. Babylon is building a new public Cosmos-based PoS blockchain called Babylon with a native token as the bridge between Bitcoin and the PoS world.\n\n7. Saronic builds scalable, fully integrated unmanned surface vehicles and vessels for naval and maritime forces.\n\n8. Unstructured transforms natural language data from raw to machine learning-ready through its open-source libraries and APIs.\n\n9. Yurts is a secure, deployable, full-stack generative AI platform for Large Language Models.\n\n10. Luminopia is developing a new class of treatments through digital therapeutics for significant neuro-visual disorders.\n\nYou can read the full research (with some cool pictures & graphs) [here](https://goldenpineapple.substack.com/p/the-usas-next-unicorns)", 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', '1c7iigk', [['u/YodelingVeterinarian', 16, '2024-04-19 03:08', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/l08dpn9/', 'Langchain needs to figure out how to actually monetize their services. They have langsmith but unclear how much it’ll actually bring in.\xa0', '1c7iigk']]], ['u/Yzord', 'is it 2028 already?', 59, '2024-04-19 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/', 'Come on, this halving is going to be boring. Some newbies (ETF players) are playing with BTC like they think they mentally own the hodlers. Instead of that they are making there own colleagues crazy. Lets face it, the halving kicks in in about 24 hours and then a dump kicks in (yawn) and big panic breaks out. But not under the hodlers. They watch it and think: fuck it, been here for almost 14 years, they have to come with something better then these predictable moves. Fud breaks out, newbie investors (regular people) dump there shit and are screaming they all knew this before the halving.\n\nThe summer holiday kicks in, the traditional stock dump fest is around the corner and the whole world is on fire, literally. Saddam Hussein and Gaddafi pale in comparison to the aggression spreading across the world. People will be afraid for their social and economic position and the IMF stands ready to "help you out". And then the positive fud kicks in by JP Morgan and all those predictable smucks who should have been placed in jail for their criminal actions in 2008. Also the year Bitcoin saw its light and opened his arms to the people. \n\nSo, the halving of 2028 will be much much more spectacular then this year. Who will financially survive the mental teardown they want to spread over this world the upcoming years? The next four years will be very important for humanity itself. The big fight against useless fiat money which hasn\'t a value anymore. Even the paper which it is printed on has more direct value then the currency on it. A currency which they still want us to believe that it is the only value we have to pay with. Of course, followed up by the CBDC, because they can\'t keep up the pace of BTC. \n\nSo i gratulate everyone with tomorrows halving. A big day for BTC. But will it be big for the new investors pored in last 6 months? All i can say is, don\'t fucking sell what you have. Because you are going to need it. And not as an investment, but to stand rock solid in the spiritual and mental war they are pushing us in. War is not only bombs and kills. War is also in your head. \n\nAre you capable of hodling BTC? Or will you one of the peeps which owns nothing and will be unhappy? i can\'t answer it, but i hope this small thought i placed on the internet will give some people the guidelines we need. Because we are the people and together we can make BTC in 2028 the turn we need to survive.\n\nThank you for reading. Happy halving.', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/', '1c7iquw', [['u/chasecards19', 117, '2024-04-19 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08ayir/', "Sir, this is a Wendy's", '1c7iquw'], ['u/undecided987654', 11, '2024-04-19 02:59', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08cfet/', 'I don’t think dump coming as ETF holders can’t sell on weekend and by time Monday comes around it will be “over”', '1c7iquw'], ['u/pie_sniffer', 22, '2024-04-19 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1c7iquw/is_it_2028_already/l08o6vm/', 'I love these definitive posts laying out exactly what’s going to happen to the price of a high risk, high volatility speculative asset.', '1c7iquw']]], ['u/okhzmuskhsm', 'BSVer thinks Craig\'s careful legal strategy failed because of "bad actors" and people aren\'t smart enough to "comprehend a situation as complicated as the affairs of Bitcoin and all the people and technical nuance involved"', 14, '2024-04-19 02:43', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/', '[https://www.reddit.com/r/bitcoincashSV/comments/1c6yh9l/comment/l05kq6a/?utm\\_source=share&utm\\_medium=web3x&utm\\_name=web3xcss&utm\\_term=1&utm\\_content=share\\_button](https://www.reddit.com/r/bitcoincashSV/comments/1c6yh9l/comment/l05kq6a/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/', '1c7jnnn', [['u/brightfuture2483', 10, '2024-04-19 04:22', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l08o34w/', "Have you ever met a bigger bunch of victims that CSW and the whole BSV cheer squad? Everything that goes wrong is always someone else's fault.", '1c7jnnn'], ['u/cryptodevil', 13, '2024-04-19 12:45', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l0a2kxl/', 'Judge: \\hears all the evidence that Craig is Satoshi - all the evidence is proven to be fake, gets to watch an actual audit-trail keystroke animation of him fabricating the LaTeX file AND Craig even submits more email forgeries himself DURING the trial\\\n\nJudge: "Craig Wright is not Satoshi"\n\nBSV Cult: "The Judge is corrupt!"', '1c7jnnn'], ['u/long_man_dan', 10, '2024-04-19 17:07', 'https://www.reddit.com/r/bsv/comments/1c7jnnn/bsver_thinks_craigs_careful_legal_strategy_failed/l0b3ogt/', 'They were praising him and calling him a great judge while they could live in their echo chamber and pretend that the case wasn\'t utterly devastating from start to finish for Craig.\n\nThose idiots literally thought Craig\'s testimony, the angry yelling and buckets of excuses for forgeries instead of talking about "evidence" (because his evidence IS forgeries) was great and would win him the case. Literally they are a giant bucket of idiots.\n\n \nMeanwhile, all of our explanations and takes on the case were proven CORRECT ONCE AGAIN.\n\nBSVers are bellweathers for always being wrong. BSVtard says something is true? You can be sure it\'s false.', '1c7jnnn']]], ['u/Phoenix5869', '“1 BTC = 1 BTC”', 83, '2024-04-19 02:48', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/', 'I’ve never understood why cryptobros will say “1 BTC = 1 BTC” as if it means something. If i tell you “1 Bar of Gold = 1 Bar of Gold” , or “1 House = 1 House” , then what the fuck does that mean? How the fuck am i supposed to get any meaning out of that.\n\nIt’s like saying “1 Dollar = 1 Dollar” and expecting for that to be the decider on how much value it has. It’s so dumb lol.', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/', '1c7jr9b', [['u/tunatornado1200', 123, '2024-04-19 02:59', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08cfde/', 'Few understand', '1c7jr9b'], ['u/anyprophet', 91, '2024-04-19 03:01', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08cpzt/', "it would make more sense if they used bitcoin for it's own sake but they very deeply care about its value in dollars.", '1c7jr9b'], ['u/Ablomis', 85, '2024-04-19 03:25', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08g1pc/', 'Basically what they are same is that BTC price in fiat is irrelevant because BTC is a thing in its own.\n\nBut at the same time everyone claps when BTC price goes up in USD.\n\nSo there is some hypocrisy.', '1c7jr9b'], ['u/WestToEast_85', 10, '2024-04-19 03:32', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08h2vo/', '“1 House = 1 House” at least sort of makes sense. A house has utility beyond the price going up.', '1c7jr9b'], ['u/UniqueID89', 19, '2024-04-19 03:40', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08i8l8/', 'When price plummets “Fiat/USD is irrelevant, 1BTC = 1BTC. Few understand. HFSP!”\n\nPrice goes up “NEW ATH IN FIAT! HFSP!” \n\nCoping mechanism in a bear-ish situation.', '1c7jr9b'], ['u/StrangelyBrown', 28, '2024-04-19 03:54', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08k7ra/', 'This post is proof that few understand, therefore proof that 1 btc = 1 btc', '1c7jr9b'], ['u/NotADamsel', 19, '2024-04-19 04:05', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08lq84/', 'Yeah, it’s like the difference between folks who buy houses for an investment, and someone buying one to live in. Only for the latter, “1 house = 1 house” makes sense as they’re mainly concerned with using their house.', '1c7jr9b'], ['u/i-can-sleep-for-days', 14, '2024-04-19 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08m1ic/', 'Few understand because we are so early.', '1c7jr9b'], ['u/Kayshift', 17, '2024-04-19 04:42', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08qqjl/', "20 years ago it was made to circumvent the evil banking instiutions and inflation degeneracy.\n\n10 years ago mass adoption was the goal, btc wanted nothing to do with investment banks\n\nToday, BTC welcomes ETF's with open hands & line needs to go up", '1c7jr9b'], ['u/Far_Breakfast_5808', 16, '2024-04-19 04:45', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08r69m/', "And the sad part is that if you bring up that inconsistency in r-Bitcoin, you'll be banned.", '1c7jr9b'], ['u/vasilenko93', 12, '2024-04-19 05:29', 'https://www.reddit.com/r/Buttcoin/comments/1c7jr9b/1_btc_1_btc/l08wtuh/', 'I take a $1 and go to a person and ask if we can trade my $1 for their $1 they will say sure. Because why not.\n\n$1 = $1', '1c7jr9b']]], ['u/Efficient_Spot_5168', 'Update on my 20k car loan', 69, '2024-04-19 04:02', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/', 'I 20m made a post about 2 days ago talking about how i was thinking of getting a 20k car loan. \n\nI received so many comments from people trying to help me and insulting me. \n\nI decided it was a very stupid decision to even consider doing that. \n\nI realized i would have been broke for the next couple years just to drive a nice car. \n\nI’m currently looking for a reliable car that is still fun to drive in the 8-15k range and i will be paying in cash. \n\nI’ve been looking at Subarus, Infinitis, Toyotas, and Honda. \n\nI have about 10k in hysa and close to 4k in checking account and about $550 in stocks/Bitcoin and my car that i can sell for 5-6k. \n\nI’m making about 1.5k monthly mostly from social media while working two days a week at my part time job. \n\nAfter i buy the car i’m gonna contribute $500 a month to my savings account. \n\nI’d like to thank everyone who told me it was a terrible idea.\n\n ( i didn’t think i was possible to have -50 karma😭)\n\n\n\n\n\n', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/', '1c7l97z', [['u/Harry_Testa-Coles', 35, '2024-04-19 04:50', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/l08rw8w/', 'I’m glad you took it well and learned from it. That really is the spirit of Financial Audit lmao', '1c7l97z'], ['u/machomanrandalsavage', 13, '2024-04-19 06:46', 'https://www.reddit.com/r/CalebHammer/comments/1c7l97z/update_on_my_20k_car_loan/l095wto/', 'Hey congratulations on taking a right step in the right direction. I’m not a mechanic but I listen to one who happens to be my brother, he’s always steered me in a good direction. Toyotas keep their value and require verry little mantainance. My last three vehicles are Toyotas. If you can fit in one a Camry or Corolla are cars that could last 300 to 400 thousand miles with proper mantinence. I would stay away from the Prius and the hybrid systems as they require more services and are more expensive to fix. Of course this is all my opinion if you get a trusted mechanic to do a pre purchase inspection you could save yourself thousands of dollars in headaches.', '1c7l97z']]], ['u/Fedshmoker', 'The Bitcoin halving of 2024, just two days away now, will be occurring on 4/20 this year!', 94, '2024-04-19 04:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/', 'All the previous years dates and history \n\n \n\n* *1st Bitcoin halving date\xa0— November 28, 2012\xa0— Reward down: 50 BTC to\xa025 BTC\n *2nd Bitcoin halving date\xa0— July 9, 2016\xa0— Reward down:\xa0 25 BTC to\xa012.5 BTC\n *3rd Bitcoin halving date\xa0— May 11, 2020\xa0— Reward down:\xa0 12.5 BTC to\xa06.25 BTC\n *4th Bitcoin halving date\xa0— April 20, 2024\xa0— Reward down: 6.25 BTC to\xa03.125 BTC\n\n \n\nPretty dope if you think about it. Hope things stay lit in the markets and the price keeps going up like smoke....but if not its also okay more dip means more chips in the pot...', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/', '1c7le7j', [['u/Fedshmoker', 14, '2024-04-19 04:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08nuc6/', 'Yea stop being a pussy and look at the historical charts of where the price went after each of the last 3 halvings that already passed', '1c7le7j'], ['u/Fedshmoker', 27, '2024-04-19 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08nz3m/', "I didn't know countries that have been at war for better part of last 20 years but overall kinda like 1,000+ years could stop code being run globally from executing the reward halving set in place.", '1c7le7j'], ['u/Whiskeywonder', 10, '2024-04-19 04:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08oh13/', 'Halving itself is usually a non event. I wouldn’t get over excited about it.', '1c7le7j'], ['u/kingofmymachine', 12, '2024-04-19 04:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08qmjg/', 'Tbh if you actually think ww3 is about to break out you’re dumb. This same shit happens every year.', '1c7le7j'], ['u/Vipu2', 99, '2024-04-19 04:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l08sp7f/', "2 days?\n\nIt's under 24h away", '1c7le7j'], ['u/giftfromthegods', 46, '2024-04-19 06:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l097axz/', 'That would mean bitcoin will be at 69k on 4/20?', '1c7le7j'], ['u/Skyobliwind', 12, '2024-04-19 10:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l09sddl/', 'It does not automatically take more and more computing power to mine. If more miners leave, it gets easier and more profitable for the others. A problem may be that this could lead to a little more centralization.', '1c7le7j'], ['u/Nyxxoo', 13, '2024-04-19 12:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a355x/', 'This just might work', '1c7le7j'], ['u/Pancakez_117', 28, '2024-04-19 12:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a3z92/', "But it's not like new years, it's gonna happen everywhere at the exactly the same time lol..", '1c7le7j'], ['u/Tygro16', 11, '2024-04-19 13:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0a6h88/', 'Not only is it 420, it also is the birthday of a famous austrian painter who tried to conquer Europe. \nDo with that information what you want.', '1c7le7j'], ['u/MrAl290', 20, '2024-04-19 15:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1c7le7j/the_bitcoin_halving_of_2024_just_two_days_away/l0akv06/', 'The prophecy has been foretold', '1c7le7j']]], ['u/richoffbtc11', 'Bitcoin Owner!', 656, '2024-04-19 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/', 'I now own 0.01+ of btc after this most recent dip, I am a proud holder of my bitcoin, and excited to see where it takes me, only up 🙂🐠 any thoughts or advice? I am quite young 🙂\u200d↕️.', 'https://i.redd.it/0efpyckuhcvc1.jpeg', '1c7lhc6', [['u/Yeezus--27', 135, '2024-04-19 04:15', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08n2mo/', 'Fucking Iran and Israel ruining the halving party', '1c7lhc6'], ['u/pdx1086', 50, '2024-04-19 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08o6m0/', 'Who gives a fuck, cheaper sats', '1c7lhc6'], ['u/Ok_Channel9726', 38, '2024-04-19 04:26', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08okb1/', "Welcome to the party. Hold on to it and add to your stack. We're likely to dip a little further before heading back up. 60k will be a really good entry by the end of the year.", '1c7lhc6'], ['u/KernelPanic-42', 12, '2024-04-19 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08oy8t/', 'You mean boosting it', '1c7lhc6'], ['u/hateschoolfml', 10, '2024-04-19 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08pnxn/', '🤣 first time?', '1c7lhc6'], ['u/drzizu22', 165, '2024-04-19 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08ppwm/', 'I went from buy $500 a week. To buy $500 a day', '1c7lhc6'], ['u/BlindSquantch', 29, '2024-04-19 04:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08pvcg/', 'lol I did something similar, I was doing small increments daily to two larger amounts (for me) today 😂', '1c7lhc6'], ['u/Zombie4141', 90, '2024-04-19 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08s1pe/', 'You are about to love the next 10 months of your life. But the 11th will be brutal. But just keep holding and stacking the next bull will make you a man.', '1c7lhc6'], ['u/drzizu22', 14, '2024-04-19 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08s9z9/', 'Switched to $500 an hr till halving. Too good price', '1c7lhc6'], ['u/R3dFiveStandingBye', 12, '2024-04-19 04:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08sf8f/', 'Bitcoin up 108% in a year, Gold up 27%, okay dude more Sats for me', '1c7lhc6'], ['u/HornedBrigade', 50, '2024-04-19 04:59', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08t3jk/', 'Ruining today, but all this means is the money printers will turn on very hard, very soon', '1c7lhc6'], ['u/richoffbtc11', 52, '2024-04-19 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08tgxu/', 'I plan on holding for a while 😭🙏🌎🌍🌏⏳, Im relatively young (first year in college) and I’m blessed enough to be in the position where I won’t have to touch my saving or investments (knock on wood) so I will just pretend it doesn’t exist for as long as I can 🐠', '1c7lhc6'], ['u/HornedBrigade', 37, '2024-04-19 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08uneo/', 'We’re already in WW3 pal. People only realized WW2 had started about half way through', '1c7lhc6'], ['u/esmoji', 17, '2024-04-19 05:13', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08uxq0/', 'Play the long game 🙏', '1c7lhc6'], ['u/sharthunter', 14, '2024-04-19 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08wld6/', 'Yeah, tend to agree. The big players typically take a few years to really get moving. The war started with russia/ukraine, escalated with israel/gaza, iran/US, iran/Israel, india/china etc etc… there are major conflicts in multiple sections of the globe. Once NATO actually decides to enforce all those laws they supposedly uphold money printer in america is gonna go brr.', '1c7lhc6'], ['u/ProgrammerNo9025', 10, '2024-04-19 05:42', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08ygwt/', 'we will never be in WW3, with the current economic system, WW3 would be dangerous to American hegemony and global financial stability. Ironically these dumbass sanctions on Iran and Russia make these actors less sensitive about their financial system bc it is not as involved with the rest of the world as the other major actors.', '1c7lhc6'], ['u/Ill-Ad-1643', 14, '2024-04-19 05:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l08zjbo/', 'Business as usual nothing to see here move along folks … 🙄', '1c7lhc6'], ['u/SaltLakeSlushie', 10, '2024-04-19 07:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09ckwk/', 'Switched to one BTC per BitDay until halving.', '1c7lhc6'], ['u/Kingjames23X6', 20, '2024-04-19 08:28', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09gljy/', 'I DCA about every 15 minutes regardless of the price', '1c7lhc6'], ['u/p0Gv6eUFSh6o', 27, '2024-04-19 08:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09j6cs/', "Where u guys get that money from.. I'm about to sell my friend's car to buy", '1c7lhc6'], ['u/Charming_Rub_5275', 17, '2024-04-19 09:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09n666/', 'Personally I consider it foolish to think you know exactly what’s going to happen over the next 12 months', '1c7lhc6'], ['u/mehoratty', 14, '2024-04-19 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09rrxd/', 'I agree. It’s pure insanity to me how openly people talk about the parabolic move on such and such date. Alt season etc, it’s all right there written in stone from three data points lol. Add in that everything about the cycles is out the window with the ATH hitting prior, etfs etc. I’m long and super bullish on btc but who the hell knows when it goes up down sideways etc. if only investing was setting your calendar for the parabolic moves lol.', '1c7lhc6'], ['u/TyranaSoreWristWreck', 56, '2024-04-19 11:49', 'https://www.reddit.com/r/Bitcoin/comments/1c7lhc6/bitcoin_owner/l09xfur/', 'I dump my entire life savings into it every 420 nanoseconds.', '1c7lhc6']]], ['u/AutoModerator', '[Daily Discussion] - Friday, April 19, 2024', 43, '2024-04-19 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/', '1c7nj02', [['u/dopeboyrico', 10, '2024-04-19 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l090ml1/', '[AUM held in new spot ETF’s is now at $32.8158 billion through day 68 or ~531.60k BTC.](https://x.com/hodl15capital/status/1781146233991561635?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.6847 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $482.59 million with average inflows of $425.76 million or ~7.82k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 13.3%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.133.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $32.8158 billion is 0.193% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 353 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.1% of that amount of BTC over the span of 68 trading days.', '1c7nj02'], ['u/_TROLL', 10, '2024-04-19 06:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l091u9j/', '$3.5 Billion of shorts to liquidate at around $71,500 ... far too juicy for the market manipulators to pass up.', '1c7nj02'], ['u/DesperateToHopeful', 17, '2024-04-19 06:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l092j4n/', 'I tend to think Michael Saylor has had a few nose beers too many but this was an interesting framing of the halving imo:\n\n> What if an investor with unlimited capital announced a program to acquire 450 $BTC daily at the market price for the next four years and hold the asset forever? What if they increased their purchases to 675 BTC daily in 2028, and to 787.5 BTC daily in 2032? #BitcoinHalving.\n\nhttps://twitter.com/saylor/status/1781002948702622131', '1c7nj02'], ['u/John_Crypto_Rambo', 11, '2024-04-19 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0931cd/', "Then you'd have a bunch of delusional people saying it won't matter and that it's priced in.", '1c7nj02'], ['u/Butter_with_Salt', 15, '2024-04-19 06:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l093fx7/', '60k is rock solid.', '1c7nj02'], ['u/amendment64', 15, '2024-04-19 06:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0963q0/', 'Looks like escalation in the mideast. Bitcoin now showing its a risk off asset since its suddenly climbing.\n\nThere, I said it. No one can refute it; event---->price action. You all saw it. Irrefutable.', '1c7nj02'], ['u/_TROLL', 13, '2024-04-19 06:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l096px8/', ":sigh: You can't have an uninterrupted 2-year-long bull run without pullbacks. It's never happened. It never will. A red monthly candle was inevitable sooner or later.\n\nEven stuff like NVDA, which is in a bigger bubble than bitcoin has ever been in, had something like a quadruple top in 2H 2023 before rocketing higher.", '1c7nj02'], ['u/pee_one_herman', 11, '2024-04-19 07:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l097y7o/', 'With 114 blocks remaining, halving date/time (ET) based on various avg block times:\n\n9.50: Apr 19th, 7:05pm\n\n9.60: Apr 19th, 7:16pm\n\n9.70: Apr 19th, 7:28pm\n\n9.80: Apr 19th, 7:39pm\n\n9.90: Apr 19th, 7:51pm\n\n10.0: Apr 19th, 8:02pm', '1c7nj02'], ['u/amendment64', 10, '2024-04-19 07:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l099cv2/', "Can we do LSD memes for halvening day then? Bitcoin [bicycle day](https://en.wikipedia.org/wiki/History_of_LSD#%22Bicycle_Day%22) will melt your mind bro?! Trippin' for satoshi", '1c7nj02'], ['u/pee_one_herman', 14, '2024-04-19 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09afrh/', 'The halving made me think of stock valuation, and determining the present value of BTC using miner data? How does the halving affect the price using this method?\n\nI’m sure someone else has done this study, but results seemed to track price well and points to higher prices later this year. Still a bit immature to publish, but it is based on the “rational actor theory”. \n\nIf I were to buy a Bitcoin miner, as a rational consumer, I should pay a price less than or equal to simply buying Bitcoin on an exchange. This number is an approximation and hard to calculate, so this theory doesn’t always hold for everyday buyers/sellers. But, historically, I can determine iBTC, which is the “implied” Bitcoin price at the time I purchase my hypothetical miner.\n\nAssumptions:\n1) make regression analysis for miner hash rate and cost, such that I can estimate the $/Terahash rate for any date.\n\n2) do same to estimate power efficiency of the miner, since energy cost also makes a difference.\n\n3) for each day, hypothetically buy a $1000 miner and run it until it is unprofitable, based on daily proceeds and energy cost.\n\n4) Now you can calculate how much Bitcoin could have been mined with your hypothetical miner purchase.\n\n5) iBTC = ($1000 + total energy cost)/ # BTC mined.\n\nThe very raw results show iBTC tracks BTC fairly well, but there are large differences.\n\nHowever, this is important for halving, look at the following example.\n\nA) I purchase a hypothetical miner. The cost of the miner + total energy cost = $1000 to keep it simple. I am able to mine 0.01 BTC. So, iBTC = $1000 / 0.01 = $100,000.\n\nB) Now assume that halving were to not occur today. In theory, neglecting other miner response to this, I am able to mine double = 0.02 BTC. So, iBTC = $1000 / 0.02 = $50,000.\n\nSo halving does make a huge difference! When iBTC >> BTC, the price tends to run up. Conversely, when iBTC << BTC, FOMO is occurring and the price tends to drop.\n\nThere are many problems with the numbers, so I will not publish. Mainly, I am using past data to forecast future data. Also, I have very loosely approximated miner data and hadn’t 100% verified hash rates, etc. Lastly, it is hard to forecast the hash rate and miner performance. I tried to extrapolate, but that sometimes creates problems. \n\nAnyone have thoughts on this, care to expand, or show the results if someone else has already done this?\n\nHave fun today! 🚀', '1c7nj02'], ['u/simmol', 13, '2024-04-19 08:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09hyxi/', 'So I think this run will be the last pump before the dump in sell the news. Could see this go up to 64-65K before moving back down under 60K this weekend.', '1c7nj02'], ['u/venderil', 12, '2024-04-19 08:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09i5b2/', 'They dont have to short. Just long oil.', '1c7nj02'], ['u/ModsAreDoreens', 11, '2024-04-19 08:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09im7g/', "I think Israel responding will be good for the price. After the recent attack it was basically inevitable that they would have to respond, so better to just get it over with sooner rather than later as there's nothing the market hates more than uncertainty.", '1c7nj02'], ['u/bphase', 17, '2024-04-19 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ix68/', '"Halvening is a nothing burger"', '1c7nj02'], ['u/dnick423', 15, '2024-04-19 08:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ixdw/', 'I think what happens from here is more uncertain in my opinion. Further tit for tat escalation seems possible.', '1c7nj02'], ['u/getupforwhat', 15, '2024-04-19 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jncz/', "Now that's a scamwick", '1c7nj02'], ['u/imma_reposter', 15, '2024-04-19 09:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jwqc/', 'Do people actually believe this?', '1c7nj02'], ['u/BigHealthyShark', 20, '2024-04-19 09:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09jzms/', '65k now reclaimed in the blink of an eye. Take a look at Peter Schiff ranting and raving on X recently, another hint that this dip may very well be over.', '1c7nj02'], ['u/mork1985', 25, '2024-04-19 09:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09k5fz/', 'Love the smell of a short squeeze in the morning…. 😎', '1c7nj02'], ['u/HBAR_10_DOLLARS', 22, '2024-04-19 09:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09m1av/', 'He sold?', '1c7nj02'], ['u/piptheminkey5', 10, '2024-04-19 09:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09m7g8/', 'There was more uncertainty before. Khomeini said he would retaliate immediately stronger.. he didn’t.. Iran is downplaying the attack.. the attack was very subdued.. Iran did not counter immediately with a strong attack, and so it looks like things are easing a bit imo. There was seemingly a lot more uncertainty prior - how big would Israel go and would it spark an immediate back and forth? Those questions are now answered', '1c7nj02'], ['u/Magikarpeles', 28, '2024-04-19 09:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09nqgx/', '99 blocks of corn til halving\n\n99 blocks of corn', '1c7nj02'], ['u/monkeyhold99', 16, '2024-04-19 10:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pcwr/', 'Ya take one down, pass it around, 98 blocks of corn til halving', '1c7nj02'], ['u/monkeyhold99', 11, '2024-04-19 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pgaz/', 'Pamp it.', '1c7nj02'], ['u/monkeyhold99', 10, '2024-04-19 10:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09pmog/', '81% in just 68 trading days is nuts', '1c7nj02'], ['u/Yodel_And_Hodl_Mode', 48, '2024-04-19 10:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09sfnv/', "1st halving: $12.35\n\n2nd halving: $650\n\n3rd halving: $8,821\n\n4th halving is today. 1 BTC is at $64,495 as I type this.\n\nImagine where we'll be at the 5th halving.", '1c7nj02'], ['u/BitSecret', 13, '2024-04-19 11:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09u3gg/', "Looks like we woke up to seeing Bitcoin kiss $50Ks goodbye. Happy Halving Day! I'm ready for the $70Ks.", '1c7nj02'], ['u/a06play', 34, '2024-04-19 11:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09w4pf/', 'Happy halving day , for the first time ever after this halving, bitcoin will become more scarce than gold. \n\nHistory is being made.', '1c7nj02'], ['u/de_moon', 11, '2024-04-19 11:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09wzvp/', "I wouldn't count on it. Halving days are usually filled with tomfoolery to wreck traders. I'm waiting for $59k or $67k to break. Everything between is just noise.\xa0", '1c7nj02'], ['u/BitSecret', 10, '2024-04-19 11:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09xevt/', "But you don't have my crystal ball", '1c7nj02'], ['u/btctrader12', 26, '2024-04-19 12:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09yhfq/', 'The same people who were 100% convinced that we were going to pump at 72-73k are now 100% convinced these are all just relief rallies and that the halving doesn’t mean anything. Very obvious they sold the bottom of this dip expecting 50k by now', '1c7nj02'], ['u/Melow-Drama', 12, '2024-04-19 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09z12g/', "Was doubtful about 64k yesterday so waking up to this makes for a better Friday - higher local high now makes me start to believe we could have actually bottomed in this correction.\n\nZoomed out, one can argue that the last larger leg up was from around 48ish to 74k and in past bull runs a 50% pull back was 'good enough'. We'd be in that ballpark now - before halving and HK ETF launch (I'm reading Apr 30th could be the date).\n\nMandatory final note: Israel can still crash this party if they overreact.", '1c7nj02'], ['u/WYLFriesWthat', 15, '2024-04-19 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zfvj/', 'As far as I’m concerned, 60k didn’t break and was barely tickled.', '1c7nj02'], ['u/btctrader12', 10, '2024-04-19 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zpuk/', 'It’s just hilarious how people became so doomy and gloomy right before the halving after a maximum 15% drop from ATH which in this market is a blip on the map', '1c7nj02'], ['u/noeeel', 26, '2024-04-19 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09ztl5/', 'Opening a short here at 64.9k\n\nWe just retest the lower line of the old blemished triangle.', '1c7nj02'], ['u/WYLFriesWthat', 10, '2024-04-19 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l09zv5v/', 'Hard to blame them. Psychology has shown that number-go-down has twice the psychological impact as number-go-up. \n\nBut we all know what happens next. Come on.', '1c7nj02'], ['u/btctrader12', 17, '2024-04-19 12:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a35r1/', 'Imagine being at a bar and you’re casually discussing BTC’s price all drunk only for some dude to blurt out, as he adjusts his glasses, “excuse me you need to put this on bitty bot mister!”', '1c7nj02'], ['u/EvaSkeever', 18, '2024-04-19 13:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a47sb/', "Can't BELIEVE I missed out on that dip. I was awake, too!", '1c7nj02'], ['u/BitSecret', 12, '2024-04-19 13:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a658o/', 'What bear market?', '1c7nj02'], ['u/Outrageous-Net-7164', 10, '2024-04-19 13:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a6f4g/', 'I think that will work out well', '1c7nj02'], ['u/noeeel', 18, '2024-04-19 13:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april_19_2024/l0a7akz/', 'I dont feel good with all these upvotes ;)', '1c7nj02'], ['u/ChadRun04', 16, '2024-04-19 13:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c7nj02/daily_discussion_friday_april... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', "Despite this being the most anticipated Bitcoin halving yet (at least according toGoogle search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.\nRodamor is known for the release of Ordinals, a protocol that allows people to “inscribe” data on the smallest units of bitcoin (i.e. satoshis) to create highly valued assets on Bitcoin. Ordinals is largely credited for inspiring a renewed developer ecosystem on Bitcoin.\nRunes is similar to Ordinals, in that it allows people to “etch” and mint tokens on-chain – the main difference is that ordinals are “non-fungible” (i.e. one-of-a-kind) while Runes willfunction more like meme coins, which have recently taken crypto markets by storm.\nThe first Runes project to mint was Rodamor’s own UNCOMMON•GOODS project, which was announced well in advance of the halving, as were many of the projects looking to etch themselves on these highly coveted satoshis.\nSee also:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nImpossible to know in advance, however, is what other projects would be able to find space on these scarce satoshis. There are already quite literallyhundreds of Runes projectsthat are currently being minted and looking for prospective buyers.\nAbout nine blocks after the halving, Runes minters had already paid78.6 BTC in fees(~$4.95 million) in order to buy the rarest of the rare. This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin’s burgeoning fee economy.\nWhat makes a Runes project potentially viable is something of a subjective measure: being an early project to list — like DOG•GO•TO•THE•MOON, which has the honor of being“Rune Number 3”— is one measure. But buyers are also judging projects based on the “quality” of its ticker.\nA number of Runes projects were already starting to mint before the halving happened, including DOG•DOG•DOG•DOG•DOG, MEME•ECONOMICS, SHORT•THE•WORLD and PEPE•WIT•HONKERS, including dozens others, according torunebtc.xyz.\nPrior to the halving block being mined, prospective buyers in anX Space hosted by Leonidas, a well-regarded Ordinals collector, users and speculators alike were discussing which Runes to mint and trading ticker names.\nAmong the names dropped were Taproot Wizards, the Ordinals project co-created by Bitcoin OG influencers Eric Wall and Udi Wertheimer, and a project called Satoshi Nakamoto, named after Bitcoin’s creator, which at press time had over5,000 holderswho minted about 19,000 tokens.\nWhich projects will actually prove to have long term value is hard to judge.\n“Yeah, I don't see any good memes, like, I mean, I'm just trying to figure it out,” one trader said. “To be quite frank, I haven’t minted anything yet.”\nSee also:Runes DEX Secures $2 Million in Seed Investment to Pioneer AMM on Bitcoin\n“I’m trying to understand the space in general right now,” someone else responded. “These projects are like early Runes. Do you guys think that these are actually going to be the most valuable ones?”\n“I think it depends what happens with them,” someone responded.\nAnother aspect to consider: how many of the tokens were “pre-mined,” or held in reserve for project creators to potentially release on the market later. Prior to the halving, Leonidas shared guidelines that suggested projects that pre-mine more than 10% of the token supply were “greedy.”\n“I think the pre-mines are going to be the ones that win,” one trader said. “Because like, it's so hard to come up with a good meme with a 13 character limit,” he said, referring to the hardcoded naming system Rodamor added to Runes to try to prevent “ticker squatters.”\nIn time, Runes tickers will be able to list with shorter names. Within three years, there could be Runes projects with three-letter tickers, for instance.\nThough it’s unclear how well this strategy will play out. According to data sourceOrdiscan, one forethinking developer has already blocked off a series of tickers, including ZZZZ (which will be the “first four letter Rune” to mint in two years), ZZ and Z (the first two letter and one letter Runes to mint in three years) and A (the last single character Rune to mint in four years).\nIn other words, with something so new, it’s hard to determine what to value.\n“As everybody is scrambling to figure out what the hell's going on, I want to just take a moment to say it's awesome being here with all of you,” Leonidas told his audience. “This is essentially the start of a new protocol that kicked off about 30 minutes ago. So let's see what happens. I think it's going to be very chaotic.”", "Despite this being the most anticipated Bitcoin halving yet (at least according toGoogle search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform.\nRodamor is known for the release of Ordinals, a protocol that allows people to “inscribe” data on the smallest units of bitcoin (i.e. satoshis) to create highly valued assets on Bitcoin. Ordinals is largely credited for inspiring a renewed developer ecosystem on Bitcoin.\nRunes is similar to Ordinals, in that it allows people to “etch” and mint tokens on-chain – the main difference is that ordinals are “non-fungible” (i.e. one-of-a-kind) while Runes willfunction more like meme coins, which have recently taken crypto markets by storm.\nThe first Runes project to mint was Rodamor’s own UNCOMMON•GOODS project, which was announced well in advance of the halving, as were many of the projects looking to etch themselves on these highly coveted satoshis.\nSee also:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nImpossible to know in advance, however, is what other projects would be able to find space on these scarce satoshis. There are already quite literallyhundreds of Runes projectsthat are currently being minted and looking for prospective buyers.\nAbout nine blocks after the halving, Runes minters had already paid78.6 BTC in fees(~$4.95 million) in order to buy the rarest of the rare. This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin’s burgeoning fee economy.\nWhat makes a Runes project potentially viable is something of a subjective measure: being an early project to list — like DOG•GO•TO•THE•MOON, which has the honor of being“Rune Number 3”— is one measure. But buyers are also judging projects based on the “quality” of its ticker.\nA number of Runes projects were already starting to mint before the halving happened, including DOG•DOG•DOG•DOG•DOG, MEME•ECONOMICS, SHORT•THE•WORLD and PEPE•WIT•HONKERS, including dozens others, according torunebtc.xyz.\nPrior to the halving block being mined, prospective buyers in anX Space hosted by Leonidas, a well-regarded Ordinals collector, users and speculators alike were discussing which Runes to mint and trading ticker names.\nAmong the names dropped were Taproot Wizards, the Ordinals project co-created by Bitcoin OG influencers Eric Wall and Udi Wertheimer, and a project called Satoshi Nakamoto, named after Bitcoin’s creator, which at press time had over5,000 holderswho minted about 19,000 tokens.\nWhich projects will actually prove to have long term value is hard to judge.\n“Yeah, I don't see any good memes, like, I mean, I'm just trying to figure it out,” one trader said. “To be quite frank, I haven’t minted anything yet.”\nSee also:Runes DEX Secures $2 Million in Seed Investment to Pioneer AMM on Bitcoin\n“I’m trying to understand the space in general right now,” someone else responded. “These projects are like early Runes. Do you guys think that these are actually going to be the most valuable ones?”\n“I think it depends what happens with them,” someone responded.\nAnother aspect to consider: how many of the tokens were “pre-mined,” or held in reserve for project creators to potentially release on the market later. Prior to the halving, Leonidas shared guidelines that suggested projects that pre-mine more than 10% of the token supply were “greedy.”\n“I think the pre-mines are going to be the ones that win,” one trader said. “Because like, it's so hard to come up with a good meme with a 13 character limit,” he said, referring to the hardcoded naming system Rodamor added to Runes to try to prevent “ticker squatters.”\nIn time, Runes tickers will be able to list with shorter names. Within three years, there could be Runes projects with three-letter tickers, for instance.\nThough it’s unclear how well this strategy will play out. According to data sourceOrdiscan, one forethinking developer has already blocked off a series of tickers, including ZZZZ (which will be the “first four letter Rune” to mint in two years), ZZ and Z (the first two letter and one letter Runes to mint in three years) and A (the last single character Rune to mint in four years).\nIn other words, with something so new, it’s hard to determine what to value.\n“As everybody is scrambling to figure out what the hell's going on, I want to just take a moment to say it's awesome being here with all of you,” Leonidas told his audience. “This is essentially the start of a new protocol that kicked off about 30 minutes ago. So let's see what happens. I think it's going to be very chaotic.”", 'Bitcoin {{BTC}} held steady around $63,700 in the aftermath of the cryptocurrency\'s fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem.\nBTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as $59,685 on Friday before rebounding above $65,000.\nRead more:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nThe halving has historically been a precursor to a rally in the price of bitcoin, with the last one, in May 2020, giving way to a run up from $9,500 to $65,000 during the subsequent year.\nBut this time, bitcoin has already embarked on a momentous rally to record highs, rising from $15,500 in late 2022 to $73,680, helped by optimism around the approval of spot bitcoin ETFs in the U.S. and then then the ensuing enthusiasm after they began trading in January.\nOn Thursday,JPMorgan said that it expected bitcoin to dropfollowing the halving as it remained in "overbought conditions" based on the high level of open interest in bitcoin futures. Goldman Sachs added that in order for bitcoin to emulate the success of previous cycles following halving events, macro conditions need to be supportive of risk-taking.\nRead more:Complete coverage of the fourth Bitcoin halving\nBitcoin has traded between $59,600 and $73,860 since Feb. 28 with the upside of the range being protected this week alongside the backdrop of rising conflict in Israel, which has had a knock-on effect across all capital markets.\nA sell-off on April 12 from $71,000 to $60,000 wiped out $4 billion in open interest from the bitcoin market, according toCoinalyze. The figure across all exchanges excluding CME is $16.1 billion.', 'Bitcoin {{BTC}} held steady around $63,700 in the aftermath of the cryptocurrency\'s fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem.\nBTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as $59,685 on Friday before rebounding above $65,000.\nRead more:The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees\nThe halving has historically been a precursor to a rally in the price of bitcoin, with the last one, in May 2020, giving way to a run up from $9,500 to $65,000 during the subsequent year.\nBut this time, bitcoin has already embarked on a momentous rally to record highs, rising from $15,500 in late 2022 to $73,680, helped by optimism around the approval of spot bitcoin ETFs in the U.S. and then then the ensuing enthusiasm after they began trading in January.\nOn Thursday,JPMorgan said that it expected bitcoin to dropfollowing the halving as it remained in "overbought conditions" based on the high level of open interest in bitcoin futures. Goldman Sachs added that in order for bitcoin to emulate the success of previous cycles following halving events, macro conditions need to be supportive of risk-taking.\nRead more:Complete coverage of the fourth Bitcoin halving\nBitcoin has traded between $59,600 and $73,860 since Feb. 28 with the upside of the range being protected this week alongside the backdrop of rising conflict in Israel, which has had a knock-on effect across all capital markets.\nA sell-off on April 12 from $71,000 to $60,000 wiped out $4 billion in open interest from the bitcoin market, according toCoinalyze. The figure across all exchanges excluding CME is $16.1 billion.', '• Bitcoin\'s halving is taking place Friday or Saturday, but JPMorgan says it could be followed by a slump.\n• The bank\'s analysis of bitcoin futures shows that the cryptocurrency is in overbought territory.\n• Mining companies will feel the pinch post-halving, and the sector could see consolidation.\nThe long-awaited bitcoin halving bell is here, but don\'t bet on more rapid gains just yet —\xa0 JPMorgan says the price of the world\'s largest crypto could tumble shortly after the event.\nThe quadrennial halving — scheduled around April 19-20 — slashes the amount of new bitcoin entering circulation by reducing the amount rewarded to miners by half. The market has widely been anticipating the event as a bullish catalyst, helping to send the token to record highs in 2024.\n"We do not expect bitcoin price increases post halving as it has been already priced in. In fact we see downside for the bitcoin price post halving for several reasons." analysts led by Nikolaos Panigirtzoglou wrote in a note this week.\nFirst, JPMorgan says that the bitcoin market is still riding high in overbought territory after surging to record highs in March. Panigirtzoglou previously pointed out several indicators that confirm this.\n"There remains considerable optimism in the market over the prospect for prices rising significantly by year-end, with a significant component of that optimism arising from a view that bitcoin demand via spot ETFs would continue at the same pace even as the supply of bitcoin diminishes after the halving event," he said in a separate note at the end of March.\nJPMorgan also observes that venture capital funding remains low despite the recent revival in the crypto market, another headwind for the price.\n"We had previously argued that a recovery in crypto VC flows is a necessary condition for a sustained recovery in crypto markets so in our mind the subdued VC flows YTD pose a downside risk," the bank said in a note earlier this month.\nMining companies will take a hit after the halving, the analysts said, while some could relocate to improve efficiency as they face the prospect of lower rewards. Others may consolidate and combine with larger publicly listed miners.\n"Post halving event, it is also likely that some bitcoin mining firms may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle," the analysts wrote.\nRead the original article onBusiness Insider', '• The Bitcoin halving took place early Saturday, upending the economics of running the pioneering blockchain.\n• Fees soared in the aftermath as a new Bitcoin-based system called Runes launched.\nBitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports.\nThe once-every-four-years event, which cuts in half the amount miners get rewarded for creating new bitcoin, took place at 00:09 UTC on Saturday whenthe 840,000th blockwas added to the Bitcoin blockchain.\nWhilebitcoin\'s priceheld mostly steady above $63,000 in the aftermath, something else stole the show: Transaction fees spiked on Bitcoin as thelaunch of a new protocol called Runesled to a flurry of transactions as speculators rushed to mint digital tokens atop the blockchain.\nRead more:Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens\nThe halving block – block 840,000 – saw a record-high 37.6 BTC fee (worth more than $2.4 million) attached to it, and fees remained far higher than normal in the hour after the halving.\nThe winning mining pool for that block was ViaBTC, entitling it to the bitcoin rewards at the new, just-lowered rate of 3.125 BTC per block, worth about $200,000 at the current price. But crypto miners had been competing actively for the block since it contains the first "sat" – the smallest denomination of bitcoin – following the halving. These "epic sats" that follow halvings are seen as collector\'s items, and some mining executives have suggested that this individual fragment of a bitcoin could be worth millions of dollars, or many multiples of the current price of an entire bitcoin.\nTheRunes protocol for fungible tokens, from Casey Rodarmor, the developer behind the Ordinals platform that launched last year to enable NFTs on Bitcoin, also launched at block 840,000. Less than an hour after the launch, 853 of the runes had already been etched, according to the websiterunealpha.xyz.\nA quick glance at the fees paid by users to get transactions included in blocks might reflect the intense competition by users to mint the new runes: the $2.4 million fees for the halving block compared with $40,000 to $60,000 for a more typical block before the halving. Several of the ensuing blocks also came with more than $1 million of fees.\n"We\'ve not had anything like this in the history of Bitcoin," the prominent Bitcoin developer Jimmy Song said during alivestreamed watch partyhosted by Tone Vays. "We\'re stressing the network in a different way, in ways we\'ve never stressed it before."\nOn-chain data shows that the median satoshis per byte (sats/vByte) fee has exploded post-halving to 1,805 sats/vByte. Pre-halving on April 19, this most recent median fee was closer to 100 sats/vByte.\n(Sats/vbyte (satoshis per byte) is a measurement of the fee rate used to conduct a Bitcoin transaction, indicating how many satoshis (the smallest unit of Bitcoin) you are willing to pay for each byte of data in your transaction.)\nIn layman\'s terms, this means that transaction fees have surged, with medium-priority transactions costing $146 and high-priority transactions costing around $170.\nMiners are expected to rely more on higher transaction fees and a potential increase in bitcoin\'s price to offset the expected decline in revenue due to the reduced mining subsidy, especially in the short term.\nFor CoinDesk\'s complete coverage, please see ourBitcoin Halvinglanding page.\nThe mining reward – which dropped to 3.125 BTC from 6.25 BTC during this halving – is an incentive for entities who contribute computing power to secure Bitcoin. The miner that wins the race to add each new block to the network takes away the mining reward, the amount of which is fixed until it\'s cut again at the next halving, as programmed by the cryptocurrency\'s elusive creator, Satoshi Nakamoto. Soaring fees, though, in the aftermath of the halving suggest miners could have a lucrative new revenue stream in the Runes era – though several people speaking on the Tone Vays livestream expressed the belief that the fee spike will end up being temporary.\nThe quadrennial halving is seen as a momentous occasion in the crypto community because it symbolizes Bitcoin\'s original concept as an autonomous, decentralized financial network whose monetary policy is set by code, as opposed to human organizations like governments and central bankers.\nUnlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million BTC in circulation. With the halvings every four years, the pace of new issuance of bitcoins reduces over time until the last one is mined, likely sometime in 2140.\nRead More:Bitcoin Halving, Explained\nHistorically, halvings have been followed by surges in bitcoin\'s price. The thinking is that the fewer new BTC are being produced, the more valuable those already in existence become. This time, the outlook is murky. Some market commentators saythe halving is already pricedinto BTC and, therefore, the immediate effects may be muted. Others see thebitcoin price falling, while yet others have suggesteda rally is in store.\nThe potential effects of this present halving may be impossible to predictdue to the profound differences in the Bitcoin landscapecompared with the three previous events. Notably, January\'s long-awaited approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. means greater institutional investment is coming to BTC by orders of magnitude.\nAlso, following the launch of the Ordinals protocol early last year, there is now much greater activity going on under the hood of Bitcoin, with developments and upgrades to the network potentially bringing far more utility to the notoriously conservative ecosystem.', '• The Bitcoin halving took place early Saturday, upending the economics of running the pioneering blockchain.\n• Fees soared in the aftermath as a new Bitcoin-based system called Runes launched.\nBitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports.\nThe once-every-four-years event, which cuts in half the amount miners get rewarded for creating new bitcoin, took place at 00:09 UTC on Saturday whenthe 840,000th blockwas added to the Bitcoin blockchain.\nWhilebitcoin\'s priceheld mostly steady above $63,000 in the aftermath, something else stole the show: Transaction fees spiked on Bitcoin as thelaunch of a new protocol called Runesled to a flurry of transactions as speculators rushed to mint digital tokens atop the blockchain.\nRead more:Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens\nThe halving block – block 840,000 – saw a record-high 37.6 BTC fee (worth more than $2.4 million) attached to it, and fees remained far higher than normal in the hour after the halving.\nThe winning mining pool for that block was ViaBTC, entitling it to the bitcoin rewards at the new, just-lowered rate of 3.125 BTC per block, worth about $200,000 at the current price. But crypto miners had been competing actively for the block since it contains the first "sat" – the smallest denomination of bitcoin – following the halving. These "epic sats" that follow halvings are seen as collector\'s items, and some mining executives have suggested that this individual fragment of a bitcoin could be worth millions of dollars, or many multiples of the current price of an entire bitcoin.\nTheRunes protocol for fungible tokens, from Casey Rodarmor, the developer behind the Ordinals platform that launched last year to enable NFTs on Bitcoin, also launched at block 840,000. Less than an hour after the launch, 853 of the runes had already been etched, according to the websiterunealpha.xyz.\nA quick glance at the fees paid by users to get transactions included in blocks might reflect the intense competition by users to mint the new runes: the $2.4 million fees for the halving block compared with $40,000 to $60,000 for a more typical block before the halving. Several of the ensuing blocks also came with more than $1 million of fees.\n"We\'ve not had anything like this in the history of Bitcoin," the prominent Bitcoin developer Jimmy Song said during alivestreamed watch partyhosted by Tone Vays. "We\'re stressing the network in a different way, in ways we\'ve never stressed it before."\nOn-chain data shows that the median satoshis per byte (sats/vByte) fee has exploded post-halving to 1,805 sats/vByte. Pre-halving on April 19, this most recent median fee was closer to 100 sats/vByte.\n(Sats/vbyte (satoshis per byte) is a measurement of the fee rate used to conduct a Bitcoin transaction, indicating how many satoshis (the smallest unit of Bitcoin) you are willing to pay for each byte of data in your transaction.)\nIn layman\'s terms, this means that transaction fees have surged, with medium-priority transactions costing $146 and high-priority transactions costing around $170.\nMiners are expected to rely more on higher transaction fees and a potential increase in bitcoin\'s price to offset the expected decline in revenue due to the reduced mining subsidy, especially in the short term.\nFor CoinDesk\'s complete coverage, please see ourBitcoin Halvinglanding page.\nThe mining reward – which dropped to 3.125 BTC from 6.25 BTC during this halving – is an incentive for entities who contribute computing power to secure Bitcoin. The miner that wins the race to add each new block to the network takes away the mining reward, the amount of which is fixed until it\'s cut again at the next halving, as programmed by the cryptocurrency\'s elusive creator, Satoshi Nakamoto. Soaring fees, though, in the aftermath of the halving suggest miners could have a lucrative new revenue stream in the Runes era – though several people speaking on the Tone Vays livestream expressed the belief that the fee spike will end up being temporary.\nThe quadrennial halving is seen as a momentous occasion in the crypto community because it symbolizes Bitcoin\'s original concept as an autonomous, decentralized financial network whose monetary policy is set by code, as opposed to human organizations like governments and central bankers.\nUnlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million BTC in circulation. With the halvings every four years, the pace of new issuance of bitcoins reduces over time until the last one is mined, likely sometime in 2140.\nRead More:Bitcoin Halving, Explained\nHistorically, halvings have been followed by surges in bitcoin\'s price. The thinking is that the fewer new BTC are being produced, the more valuable those already in existence become. This time, the outlook is murky. Some market commentators saythe halving is already pricedinto BTC and, therefore, the immediate effects may be muted. Others see thebitcoin price falling, while yet others have suggesteda rally is in store.\nThe potential effects of this present halving may be impossible to predictdue to the profound differences in the Bitcoin landscapecompared with the three previous events. Notably, January\'s long-awaited approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. means greater institutional investment is coming to BTC by orders of magnitude.\nAlso, following the launch of the Ordinals protocol early last year, there is now much greater activity going on under the hood of Bitcoin, with developments and upgrades to the network potentially bringing far more utility to the notoriously conservative ecosystem.', '• US stocks were mostly lower on Friday, with the S&P 500 declining for the 6th day in a row.\n• The decline was led by mega-cap tech stocks, with Nvidia plunging as much as 10%.\n• A sharp 23% crash in Super Micro Computer accelerated the decline in tech stocks.\nUS stocks were mostly lower on Friday, with the S&P 500 falling for the sixth day in a row and experiencing its worst week of performance so far in 2024.\nStocks wavered early Friday as investors assessed Israel\'s missile strike against Iran, which was largely seen as symbolic and a potential off-ramp from further conflict.\nBut the losses in the stock market accelerated after Super Micro Computer announced earnings without preannouncing results, as some on Wall Street seemed to have expected.\nShares ofSuper Micro Computer crashed 23%, and dragged down AI darling Nvidia by as much as 10%.The Nvidia decline wiped out $183 billion in market valuation. Nvidia supplies its AI chips to Super Micro Computer and counts it as one of its larger customers.\nOther tech stocks moving lower Meta Platforms, Amazon, andNetflix, which fell 9% in Friday trades.The company smashed earnings expectations but announced that beginning in 2025 it would stop reporting net subscriber growth.\nSo far, of the 13% of S&P 500 companies that have reported earnings results, 77% of them have beat profit estimates by a median of 7%, while 55% beat revenue estimates by a median of 3%, according to data from Fundstrat.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,967.23, down 0.88%\n• Dow Jones Industrial Average:37,986.40, up 0.56% (+211.02 points)\n• Nasdaq Composite:15,282.01, down 2.05%\nHere\'s what else is going on today:\n• Thursday\'s IPO of digital marketer Ibotta has minted more than 150 fresh millionaires,according to CEO Bryan Leach.\n• Mark Zuckerberg has overtaken Elon Musk as the third richest person in the world,as Meta Platform stock surges and Tesla stock plummets.\n• Tesla\'s stock slide continued on Friday after the NHTSA announced a recall of 4,000 Cybertrucks.\n• Taylor Swift\'s name keeps popping up in earnings calls on Wall Street.These are five companies that have name-dropped Swift recently.\n• Billionaire investor Ken Griffin\'s Citadel Securities called Trump Media CEO Devin Nunes a "proverbial loser"in response to a letter about short-selling.\n• JPMorgan said the upcoming halving in bitcoin could lead to a price decline,rather than a surge that so many expect.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.09% to $82.17 a barrel.Brent crude, the international benchmark, rose by 0.16% to $87.25 a barrel.\n• Goldclimbed by 0.21% to $2,403.00 per ounce.\n• The 10-year Treasury yield was unchanged at 4.62%.\n• Bitcoinedged higher by 1.21% to $64,280.\nRead the original article onBusiness Insider', "WithBitcoinprices still above $60,000, the crypto market remains red hot despite a recent pullback. If you want to increase your exposure, you could of course buy Bitcoin directly, or any other cryptocurrency for that matter.\nBut there are other ways to increase your exposure to crypto, even through conventional stocks. Twocrypto stocksin particular are primed for an explosive 2024 and beyond.\nMost people think ofPayPal(NASDAQ: PYPL)as a payments company. With more than 400 million users, there's a good chance you've used PayPal personally, either to buy something online or to send money to a friend or family member. This is still the company's bread and butter. Its users rely on the company to provide a safe, secure, and reliable way to transact digitally. If something unintentional happens -- like purchasing a fraudulent product or sending money to the wrong business -- PayPal can step in and right the error.\nIn 2013, PayPal made an $800 million bet by acquiring Venmo, a peer-to-peer money app. Through a smartphone, Venmo users can send and receive money from anyone in a few clicks. The service is part Last 60 Days of Bitcoin's Closing Prices: [52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-20 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,274,022,483,569 - Hash Rate: 558271812.4211017 - Transaction Count: 631001.0 - Unique Addresses: 455683.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin {{BTC}}. President Nayib Bukele recently announced El Salvador's plan to buy one bitcoin every day, aiming to continue this practice until it becomes unaffordable with fiat currencies. This initiative has pushed the nation's bitcoin holdings to a substantial total of 5,690 BTC, valued at approximately $400 million. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Tatiana Koffman leads investment firm Moonwalker Capital, is the author of the popular financial newsletterMythOfMoney.com. In tandem with its cryptocurrency endeavors, El Salvador has made a bold statement in the global investment landscape by eliminating income tax for international investments and money transfers. This tax cut, from 30%-0%, is designed to attract foreign investors and boost economic growth. The country's commitment to bitcoin was further highlighted this week as it transferred more than 5,000 BTC into a cold wallet. President Bukele disclosed that a significant portion of these assets, amounting to $400 million worth of bitcoin, has been moved to an offline device stored in a physical vault within the nation's territory. This move to secure the digital assets in a "Bitcoin piggy bank" marks a significant step in El Salvador's financial strategy, offering a higher level of security and signaling strong faith in the cryptocurrency's future. The decision to make the transfer to a cold wallet came after El Salvador's bitcoin treasury swelled unexpectedly, nearly doubling its previously known stash. The country had been acquiring bitcoin through various means, including daily purchases, sales of passports, currency conversions for businesses, mining and government services. This approach has dramatically increased El Salvador's bitcoin holdings, which were believed to be less than 3,000 BTC before this revelation. See also:El Salvador Holds More Bitcoin Than Expected El Salvador's pioneering stance on bitcoin began in September 2021 when it became the first country to adopt the digital currency as legal tender. Since then, bitcoin's value has seen significant fluctuations, recently hitting a record high of $73,800. The country's ongoing daily bitcoin purchases and the creation of a tax-free crypto haven powered by geothermal energy from a volcano showcase its innovative approach to harnessing cryptocurrency for economic development. President Bukele's vision extends beyond merely accumulating bitcoin; he envisions transforming El Salvador into a wealthy nation through strategic investments and initiatives related to the digital currency. Despite criticisms and warnings from international bodies like the International Monetary Fund (IMF), El Salvador's commitment to its bitcoin strategy remains steadfast, with the nation showing no signs of divesting from the cryptocurrency. El Salvador's bold foray into the world of bitcoin and its efforts to create a conducive environment for cryptocurrency investments reflect a significant shift in how nations perceive and engage with digital currencies. As the country continues its bitcoin acquisition program and enhances its cryptocurrency infrastructure, it sets a precedent for others to follow, potentially reshaping the global financial landscape in the process.... - Reddit Posts (Sample): [['u/Key-Leg5077', 'Should I purchase a condo to live in $400k? or keep renting $1200? 31M', 73, '2024-04-20 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', 'Hi all, \n\nI work as an apprentice plumber. Made $85k last year with overtime. Got a raise this year and my base wage for 40 x 52 is $85k, might make $100k with overtime. My income is around $1k - $1.2k a week after taxes and deductions. \n\nOnce I get my license in a couple years I would make more with my additional raises. \n\nCurrently deduct 5% of my pay to get the max employer match. \n\nI get $1500 in benefits per year which I use mostly for dental. $200 for work boots, $200 for work pants. $40/month for cell phone (my plan is $37/month)\n\nHave a beat up car that has been reliable for me. Pay $130 for insurance and use a quarter tank of gas a week. Costs $100 to fill up.\n\nRight now I am living very comfortably paying $1200 for rent in a basement apartment.\n\nI invest $125 a week into XEQT in my TFSA and I put my RRSP contributions into XEQT also. \n\nCheapest condos in my area are $400k. I am not looking for a huge place, just want to be close to work, and maybe later on Ill move up to northern Ontario and buy a house.\n\n$111k in my TFSA (XEQT)\n\n$16.2k FHSA (Cash.TO)\n\n$20k Cash (5% interest)\n\n$16k RRSP (XEQT)\n\nAll together I have around $150k in liquid assets and I have alternate investments like Bitcoin and I have some Pokémon collectibles worth some money. \n\nI used a calculator and If I bought a Condo for $400k and had a 20% down payment of $80k with a mortgage rate of 5% I would pay $1706/month on the mortgage. \n\nI can see condo fees being $300/month/\n\nBasically $2k for housing monthly costs. \n\nWorth? \n\n\n\n', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', '1c89av6', [['u/_Echoes_', 17, '2024-04-20 00:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d4be3/', 'Mans looking for a lead on a condo to swoop in on XD', '1c89av6'], ['u/outforthedayhiking', 193, '2024-04-20 00:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d51ye/', 'You need to add property taxes and home insurance.', '1c89av6'], ['u/KS_tox', 56, '2024-04-20 01:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ddbeb/', "Condo fee is only 300? It means most likely it doesn't cover all utilities so add 200-250 more plus 100-200 taxes. So in total 1700+300+250+200 =~2450.\n\nYou are clearly better off renting at the moment. Keep making more money on every opportunity, keep jacking up the down payment..when you reach a point where buying is within +5-10% range..go ahead and buy", '1c89av6'], ['u/Lumpy_Bravura', 35, '2024-04-20 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dedkq/', 'If you have cheap rent and a high income, take advantage to save and invest as much as you can. You can pay cash for a condo later. If your rent was closer to condo carrying cost, then I would consider buying. I had extremely cheap rent for 17 years and a six figure salary. When my landlord sold and I was forced to move. I paid cash for a small house, renovated it to new standards, rented out the basement and retired.', '1c89av6'], ['u/pumpkinsoupe', 17, '2024-04-20 01:32', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dflzo/', "Weathsimple's TLDR had a guide on this a few weeks ago: [https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy](https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy)\n\nPurchasing requires you to consider a lot of things besides the price though. I am dying to know what Pokemon card assets you have that they're wroth mentioning along with Bitcoin and other liquid assets.", '1c89av6'], ['u/Lightning_Catcher258', 10, '2024-04-20 01:37', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgafw/', "I'd keep renting. Condos are such a poor investment in my opinion. You basically own a home without the benefits of it. I've done it myself. Not worth it.", '1c89av6'], ['u/foo-bar-nlogn-100', 40, '2024-04-20 01:38', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgjjw/', "Renting. You have a good life and are saving lots. Why would you want to buy a condo and pay more for less quality of life.\n\nIf your rent wss like 2K, then a condo would make sense but at 1200, ur life is good. Something breaks, call the landlord.\n\nAlso, collect 4.5% in a HISA, and you're making almost 4K in risk free return off rhat 80K downpayment.\n\n\nYou can move at anytime.", '1c89av6'], ['u/Key-Leg5077', 11, '2024-04-20 01:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dhz5h/', 'True. Thanks. My plan is to put the $40k into my FHSA and then get all the tax returns and put it into the down payment, hopefully I wont need to touch my TFSA.', '1c89av6'], ['u/Raincouver8888', 31, '2024-04-20 02:02', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0djres/', 'Not everyone that buy a condo bought it for investment.', '1c89av6'], ['u/jeffbertrand', 14, '2024-04-20 02:10', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dkwis/', 'People say owning a house is a better investment than a condo but a house is exponentially more expensive than a condo. Also condos can typically be purchased in more desirable neighborhoods depending on your budget vs a house in the same neighborhood.', '1c89av6'], ['u/Key-Leg5077', 24, '2024-04-20 02:55', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dr8t3/', 'A loser making money, so therefore a winner.', '1c89av6'], ['u/corysgraham', 14, '2024-04-20 03:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0du5pm/', '"The 5% Rule" by Ben Felix. Have a watch on YouTube. \n\nto:dr For a 500k purchase price, if you rent for less than $2000/mo you are better off financially renting.', '1c89av6'], ['u/JustAPairOfMittens', 11, '2024-04-20 04:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e26k9/', 'Enjoy both of those going up big time.\n\nMine were $120 and $3,300 2 years ago in NB. \n\nThey are now $179 and $4860. \n\nWelcome to re-zoning. Extra benefit of being in a new "county" with twice the potholes!!', '1c89av6'], ['u/calissetabernac', 40, '2024-04-20 04:42', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e5um5/', 'And closing costs, land transfer tax. What else? Anyone? 😁', '1c89av6'], ['u/irate_wizard', 12, '2024-04-20 06:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ehp4i/', 'Risks of special assessment.', '1c89av6'], ['u/fuzzy_bud13', 20, '2024-04-20 06:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ektpm/', 'Utilities!', '1c89av6']]], ['u/ddoonnaalldd', 'Happy Halving to those who celebrate 🎉 ', 24, '2024-04-20 00:11', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', 'Bitcoin will go through Its fourth Halving tonight.', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', '1c89j03', [['u/Numerous_Walk_7613', 19, '2024-04-20 02:30', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/l0dnqpr/', 'And that on 4/20. What a day', '1c89j03']]], ['u/Rattlesnake_Mullet', "Happy halving, brothers and sisters. It was a pleasure to hodl with you through this reward era. Here's to the next one.", 1072, '2024-04-20 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', "I said it [four years ago](https://old.reddit.com/r/Bitcoin/comments/ghukdf/happy_block_nr_630000_brothers_and_sisters_it_was/) and I plan to say it in four years: \n\nIt was a pleasure to hodl with you through this reward era. Here's to the next one.\n\nThis is a historic time to reminisce and to reflect.\n\nA shit load has happened in the past four years, in life, in Bitcoin, in the world. Good and bad, everything.\n\nFTX, shitcoin casinos tanking left and right, El Salvador, Saylor, Covid lockdowns, brutal bear market, then the bull with a new ath before the halving (first in Bitcoin's history), ETF approval and on and on.\n\nHoly shit, what a ride it's been.\n\nCheers to each and every hodler out there in the world.\n\nWe'll meet again in 2028!", 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', '1c8alvt', [['u/noctisnah', 10, '2024-04-20 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dbvme/', 'God bless', '1c8alvt'], ['u/heinrichpelser', 24, '2024-04-20 01:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dce67/', 'ETF approval - Check \nBitcoin halving - Check\nWhat’s next? Pump and dump summer', '1c8alvt'], ['u/Honest_Path_5356', 186, '2024-04-20 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0di87k/', 'Pizza party everyone is invited even buttcoin', '1c8alvt'], ['u/BennyTroves', 33, '2024-04-20 02:01', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0djmve/', 'Well said op! Cheers to another 4 years 🍻', '1c8alvt'], ['u/thejlb', 12, '2024-04-20 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0djxfm/', "Don't tell me how the Bitcoin works, I spoke to the CEO.", '1c8alvt'], ['u/ih8reddit420', 32, '2024-04-20 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dk3en/', 'now sit back and enjoy the ride to $150k. Its gonna be slower this time. As everything that runs on a log(x) graph', '1c8alvt'], ['u/ajin_nikao', 20, '2024-04-20 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dksn2/', 'Slower mean more time to herd satoshi \nAnd the bigger the herd the higher the curve', '1c8alvt'], ['u/50coach', 12, '2024-04-20 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dl3zx/', 'Unstoppable! Happy halving hodlers', '1c8alvt'], ['u/50coach', 33, '2024-04-20 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dlbbs/', 'Jeez whoever mined block 840,000 must be happy with those fees !', '1c8alvt'], ['u/BowDown2No1ButCrypto', 18, '2024-04-20 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dlfpx/', '#See you on the moon soon fellow HODLERS 🚀🤑', '1c8alvt'], ['u/shadowmage666', 31, '2024-04-20 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dmgzq/', 'Only 1,458 days till next time. Happy halving', '1c8alvt'], ['u/getshronkedkid', 11, '2024-04-20 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dmutt/', "Dang! I'm here in Yorkshire dales UK sadly, seems I'm just the only European here 😔", '1c8alvt'], ['u/Generationhodl', 19, '2024-04-20 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dnvhq/', 'Looking forward to 4 new interesting years with a lot of stuff happening and hopefully you ALL getting the biggest gains in your life, not only money and bitcoin wise.', '1c8alvt'], ['u/harvested', 50, '2024-04-20 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dq7ma/', 'We can just get one pizza and divide it for everyone', '1c8alvt'], ['u/soks86', 11, '2024-04-20 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0e3hh0/', '840,000 got $2.4MM but there have been many blocks since that have over $1MM as rewards. \n\nIt is outrageous!', '1c8alvt'], ['u/AdministrationOwn777', 10, '2024-04-20 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0eblxi/', 'A satoshi of pizza, please.', '1c8alvt'], ['u/Romsel87', 16, '2024-04-20 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0efyvg/', 'Pizzerias hate this one simple trick', '1c8alvt']]], ['u/Applejack1063', 'I think this coin is dead', 47, '2024-04-20 01:53', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/', "I really wanted to love this project but it's just been a huge money loser this whole time. The price of the coin keeps going down and no matter what I do it seems like I'll never get back my ROI. I spent about $4,000 on hardware and so far with the recent crash my Chia is only worth about $1,800. I've been here since the beginning even before pooling was working. I've never sold any Chia and have only held it. I'd like to continue holding but it seems to me this coin is just going to continue going down in value. I've still got half my plots on hpool and it's not worth it to replot for this dead coin. I foolishly sold my enterprise SSD thinking I didn't need it anymore since I had already made all my plots. Replotting half my plots would kill a consumer grade SSD and for what? So my Chia can be worth $300 less next week? I should have invested that $4,000 in more Ethereum mining equipment or just bought Bitcoin. Chia farming is worse than buying GPUs that were 400% overpriced 6 months before the merge.", 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/', '1c8bsxa', [['u/Terrible_Sense_3043', 20, '2024-04-20 02:03', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0djzdy/', "I wouldn't call it dead, but it's future is certainly questionable. BTW, you most likely aren't going to kill your SSD replotting. I have plotted and replotted twice over 3 PB using mainly 2 SSD's and I haven't killed one yet.\n\nBTW, I am over 75K into Chia. I am only holding 35 XCH right now.", '1c8bsxa'], ['u/Mezzerto', 20, '2024-04-20 02:04', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dk367/', 'Let me translate....\n\nWhere lambo?', '1c8bsxa'], ['u/freshlymn', 13, '2024-04-20 02:05', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dk9iy/', 'You bought a bunch of hardware when you were warned not to. It sounds like you spent more than you could afford on speculating if the short term coin price is hurting you which sucks but calling Chia dead is silly. The Discord is active, we just had an AMA today, and there are two more event slated next week. Plus the bridge is slated for next month.', '1c8bsxa'], ['u/Mwebb1508', 13, '2024-04-20 02:07', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dkjeg/', 'What?!?! How????', '1c8bsxa'], ['u/lubimbo', 43, '2024-04-20 02:15', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dlmv6/', "Crypto is about hype. In my eyes it's the fast fashion of the tech scene. AI is stealing the show right now because people don't educate themselve around money, it's kind of userfriendly and might have many usecases. Chia is not riding the hype train nor is it AI. They just keep building a solid infrastructre. To add, the community kind of lacks usecases because Chia lacks hype.\n\nCalling it a dead coin is too early imo. Just wait 1-2 halving cycles to 1. Ship more usecases 2. Decrease supply pressure.", '1c8bsxa'], ['u/destonomos', 17, '2024-04-20 02:19', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dm7if/', 'smooth brain, thats how', '1c8bsxa'], ['u/Drjonesxxx-', 11, '2024-04-20 03:52', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0dz7od/', 'Ya win some ya loose some,\n\nBut did you learn anything along the way?\n\nThats all that matters. \n\nSure chia cost me my house, my wife, and my 2 kids. But gee did I learn so much about Linux. \n\nI shutdown my farm. Cashed out my 40$ after a year of pooling. Such a drag. Oh well.', '1c8bsxa'], ['u/dr100', 10, '2024-04-20 06:45', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0eke40/', 'LOL crypto is hype ... except this one!', '1c8bsxa'], ['u/travel_waffle', 11, '2024-04-20 08:00', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0es0ea/', 'Username checks out. Poor thing', '1c8bsxa'], ['u/shadowmaking', 11, '2024-04-20 09:16', 'https://www.reddit.com/r/chia/comments/1c8bsxa/i_think_this_coin_is_dead/l0ezsn6/', "I'm sure plenty of farmers can relate to this, I know I do, even if most people that look at this sub don't. I've always said the prefarm is a huge red flag for anyone really looking to buy XCH. That is, if it was ever on a major US exchange. \n\nI personally shut my small farm down when there was even a mention of an XCH fork. I was doubling my plot count with nossd and a 3070. Now it's more profitable to dedicate that GPU to mining something that actually pays out. My XCH can just sit there. I'm sure there are a ton of farmers that have been holding their XCH for the coming bull market because the power cost of xch farming is so low. That means the current price is from very limited sell pressure and no one buying. This also means the sell pressure will be huge if the price ever does manage to start creeping up.\n\nI was excited about the tech, and I'm not out much. It was an interesting experience, just not a profitable one. I'm looking forward to what the XCH price is next year. Hopefully it's a pleasant surprise.", '1c8bsxa']]], ['u/brettmitrenga4', 'BTC HALVED!! ', 68, '2024-04-20 02:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/', 'Where’s my LAMBO?!?!?', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/', '1c8caza', [['u/Velvetystardust', 52, '2024-04-20 02:42', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dphqh/', '![gif](giphy\|9SIXFu7bIUYHhFc19G\|downsized)', '1c8caza'], ['u/highfivesforgod', 11, '2024-04-20 03:05', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dslr5/', 'And now the long wait awaits', '1c8caza'], ['u/highfivesforgod', 10, '2024-04-20 03:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0dteci/', 'Well damn. Gonna have to return my horse', '1c8caza'], ['u/beckstoy', 10, '2024-04-20 04:22', 'https://www.reddit.com/r/SHIBArmy/comments/1c8caza/btc_halved/l0e38pd/', 'Up $2K since the halving... 🤑 😉', '1c8caza']]], ['u/No_Philosophy_3622', 'What aren’t I rich yet?', 66, '2024-04-20 02:18', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/', 'Bitcoin halved like 2 minutes ago. Still a broke shibe.', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/', '1c8cch9', [['u/djereezy', 10, '2024-04-20 03:20', 'https://www.reddit.com/r/dogecoin/comments/1c8cch9/what_arent_i_rich_yet/l0duups/', 'Aren’t rich not why', '1c8cch9']]], ['u/Parking_Fix4167', 'Whatever Bitcoin you owned before this moment (Block 840,000) is now twice as hard for miners to produce.', 165, '2024-04-20 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/', 'Happy halving day !', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/', '1c8cmkz', [['u/The_best_1234', 17, '2024-04-20 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dobp4/', 'No, cost was doubled', '1c8cmkz'], ['u/Icy9250', 55, '2024-04-20 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dow2x/', 'I can now say that I officially own more bitcoin than all the miners in the world compete to obtain in 10 minutes.', '1c8cmkz'], ['u/KernelPanic-42', 16, '2024-04-20 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dsuis/', 'Well….thats not true.', '1c8cmkz'], ['u/KernelPanic-42', 18, '2024-04-20 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0dw01q/', 'I am not.', '1c8cmkz'], ['u/splode6787654', 15, '2024-04-20 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0e3vws/', "No. The difficulty didn't double.", '1c8cmkz'], ['u/ElderBlade', 31, '2024-04-20 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0e7o80/', 'You hold 10+ minutes of hash power.', '1c8cmkz'], ['u/BruceAENZ', 10, '2024-04-20 07:47', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0eqmrn/', 'I think you meant to say something akin to\n\n“All mining activity now takes twice as long to produce the amount of Bitcoin you own as before”', '1c8cmkz'], ['u/satoshisystems', 11, '2024-04-20 08:48', 'https://www.reddit.com/r/Bitcoin/comments/1c8cmkz/whatever_bitcoin_you_owned_before_this_moment/l0ewx0w/', 'That’s impressive!', '1c8cmkz']]], ['u/Ok-Choice-3688', "Bitcoin and why I'm in it. ", 89, '2024-04-20 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/', "You seeing this text? This community of people willing to help out one another and we have the option to do it freely between individuals. \n\nIf you're clearly read this statement in this subgroup there was a comment saying that $21 is a monthly expense. \nLives in a small town in Pakistan. \nAnd another person from some other place in the world says that he was willing to send him $4.20 US dollars Worth of Bitcoin. \n\nSee it's that innate ability to be able to transfer wealth to an individual without any constriction and at your own free will.\n\nPeople say a generational wealth, well I say generational freedom. \nNo longer a ball and chain by financial institutions. \n\nThat's why I'm into Bitcoin. Looking forward to the future and what it has to offer.\n", 'https://i.redd.it/coe7vgnp7jvc1.png', '1c8czhs', [['u/142NonillionKelvins', 30, '2024-04-20 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0dqunt/', 'Ok but like 1/100 people on the internet tell the truth about anything about themselves.\n\nThat’s reduced to like 1/10000000 when money’s involved.', '1c8czhs'], ['u/Desperate-Meet3476', 14, '2024-04-20 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0dre8m/', 'sounds like a soft scam.', '1c8czhs'], ['u/Plain_Perception9638', 10, '2024-04-20 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0e4nfy/', 'You’re with him aren’t you?', '1c8czhs'], ['u/Captain_Usopp', 20, '2024-04-20 06:20', 'https://www.reddit.com/r/Bitcoin/comments/1c8czhs/bitcoin_and_why_im_in_it/l0ehovk/', "Hi. It's me the Bitcoin CEO. We have pulled up your account and noticed there are some dirty coins in your Account. Please send me your coins from your Account, for a complementary cleaning service. Thank you. Bitcoin CEO.", '1c8czhs']]], ['u/borald_trumperson', 'The printer is losing power', 63, '2024-04-20 02:53', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/', "Best graph I could make overlaying BTC price with USDT market cap. Printer starting to go brrrr to fight the current market dip but they aren't winning.... Currently on one engine and losing altitude ", 'https://i.redd.it/apxaq4ci8jvc1.jpeg', '1c8d2s1', [['u/Master_Engineer_5077', 37, '2024-04-20 04:02', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0e0m12/', 'Paolo, print more database entries!!! Copy Paste the cells!', '1c8d2s1'], ['u/Sibshops', 10, '2024-04-20 05:03', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0e8hlm/', "It won't happen that quickly I feel. Teather will be exposed on a rescission.", '1c8d2s1'], ['u/Purplekeyboard', 24, '2024-04-20 06:41', 'https://www.reddit.com/r/Buttcoin/comments/1c8d2s1/the_printer_is_losing_power/l0ek06g/', "Tether's not printing enough. They need to be printing $2 billion at a time, $1 billion doesn't cut it any more.", '1c8d2s1']]], ['u/_reddit__referee_', "2000 sats/vByte? What's going on?!?", 92, '2024-04-20 04:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/', "I'm guessing it's the rollout of Runes/BRC-20 shit coins?\n\nI can't stand that stuff. It's the worst of both worlds, it adds nothing to the native demand of actual bitcoin yet places the burden on the network of higher feeds and higher data requirements for nodes.\n\nHigher fees are not a good thing, the network is currently sufficiently secure and not under threat. It's unnecessary. Arbitrarily increasing the cost to transact to support competing coins or unrelated NFTs is just nuts. You can't even affordably transact on lightning with these fees, simply loading and unloading a non-custodial wallet is unaffordable.\n\nhttps://preview.redd.it/qw16cc7lojvc1.jpg?width=1201&format=pjpg&auto=webp&s=3074b1f03b8f8ace00ee0a7ac9ca168a2f962e8e", 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/', '1c8fek5', [['u/brianddk', 38, '2024-04-20 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0ebew7/', 'Ordinals\n\nThere is a "gold rush" to have "rare" halving block ordinals\n\nhttps://www.youtube.com/watch?v=fvd0tGdjiyE\n\nJust like any market movement, someone does something stupid to spike the market, then others react to the spike instead of the stupid thing. Panic will subside eventually.', '1c8fek5'], ['u/Cptn_BenjaminWillard', 79, '2024-04-20 05:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0edu72/', "It's pretty crazy that right now, the average transaction fee on BTC is $177 and the avg. fee on ETH is $0.55", '1c8fek5'], ['u/I_Hate_Reddit_69420', 18, '2024-04-20 08:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0ewu5g/', 'people trying to get into block 840,000 because those sats might be worth a lot', '1c8fek5'], ['u/One_Boot_5662', 24, '2024-04-20 09:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f3ezl/', "The inevitable outcome of Bitcoins design choices.\n\nWhy maxis are so intent on not allowing change is beyond me, but that's a cult for you.", '1c8fek5'], ['u/OderWieOderWatJunge', 14, '2024-04-20 10:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f5ly1/', 'How could they be so stupid and push something like Ordinals? I was shocked tbh and it was too obvious what would happen.', '1c8fek5'], ['u/CumDrinker247', 26, '2024-04-20 10:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0f8xrw/', 'And the average fee on l2 Eth is sub 1 cent.', '1c8fek5'], ['u/tofuchrispy', 13, '2024-04-20 13:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0fnlah/', 'I don’t like that meme shit on btc', '1c8fek5'], ['u/jaydizzz', 16, '2024-04-20 14:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0fvhsq/', 'Peeps blaming ordinals and whatnot while the reason is so obvious. 1MB. In 2024.. \n\n99% here has no idea how the protocol works. The herd has been brainwashed.', '1c8fek5'], ['u/gr8ful4', 205, '2024-04-20 22:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1c8fek5/2000_satsvbyte_whats_going_on/l0i3d7h/', "No. BTC is not fungible like gold. It's more a crypto asset than a cryptocurrency.\n\nFor currency you need to have fungibility at the base layer, like Monero.", '1c8fek5']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, April 20, 2024', 27, '2024-04-20 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/', '1c8gnfl', [['u/DesperateToHopeful', 15, '2024-04-20 06:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0egteg/', "The $60k-$70k range seems to be holding well. Based on the consolidation that occurred from early Dec to early Feb it took around 2 months of consolidation before the next legup which saw us move upwards over February to begin the 60-70k ranging from the start of March.\n\nBased on that I'm think we sit in this range for another month and a half or so while the lower inflation rate flows through. I'm thinking a new ATH by the first of June.", '1c8gnfl'], ['u/r3coil', 12, '2024-04-20 06:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ekscx/', 'mempool is fucked rn', '1c8gnfl'], ['u/bittabet', 10, '2024-04-20 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ep20y/', 'Runes, aka memecoins on Bitcoin', '1c8gnfl'], ['u/mr_sew', 17, '2024-04-20 07:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0epak7/', "If there was any doubt about whether transaction fees alone could sustain bitcoin miners after the reward goes away, I think it is being proven now.\n\nThe last two blocks' fees + reward total was 15 bitcoin. That is almost twice what miners were earning, per block, before the latest halving.", '1c8gnfl'], ['u/Magikarpeles', 36, '2024-04-20 07:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0eq93i/', 'Maybe the real supply shock was the friends we made along the way', '1c8gnfl'], ['u/_TROLL', 15, '2024-04-20 07:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0erijv/', 'Idiots with more money than common sense, trading what are effectively NFTs on Bitcoin.', '1c8gnfl'], ['u/dopeboyrico', 26, '2024-04-20 07:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0errtv/', '[Spot ETF’s broke the streak of net outflows and ended up with a net inflow day, accumulating 940 net BTC on the last day that 900 new BTC will be mined in a single day ever again.](https://x.com/hodl15capital/status/1781504631312466346?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nOnly 450 new BTC will be mined per day going forward. If spot ETF’s revert back to consistent net inflow days it’s only a matter of time until we experience severe supply shock.', '1c8gnfl'], ['u/_TROLL', 12, '2024-04-20 08:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0exnsp/', "If you believe it's going to $100K+ soon enough, or the plan is to hold for 19+ years and you think it will be $300K by then, it really barely matters whether you buy it at an average of $65K, $55K, or any other realistic number for today's prices.", '1c8gnfl'], ['u/1337Echo', 47, '2024-04-20 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f100d/', 'As I have alluded to, I recently went to Japan. The language barrier was easier to navigate than I expected, but one of the things that caught me by surprise was that I didn\'t know how to say goodbye. Initially I thought that "sayonara" would suffice, but it turns out that it has a very specific meaning. It more often means goodbye _forever_.\n\n\nI\'m cautious about what I say, but security is a specialisation of mine; it\'s become increasingly important to me over the past few years. Take this chance to consider your OpSec practices. This account has been carefully and knowingly doxxed amongst a few I know IRL, but that means it\'s time to burn it. Discard accounts. Randomise handles. Avoid being the topic of a Defcon panel.\n\n\n"Systems" is what I do and the network has consumed my thoughts for so long now. Decentralisation is a beautifully woven tapestry and it\'s been a fascinating journey watching this space unfold.\xa0\n\n\nIt has been a pleasure spending these last few epochs with you. I\'d say that I look forward to seeing you in the citadel one day, but unfortunately I lost all my BTC in a boating accident.\n\n\nGood luck & sayonara.', '1c8gnfl'], ['u/Yodel_And_Hodl_Mode', 11, '2024-04-20 10:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f7kmk/', '> but unfortunately I lost all my BTC in a boating accident.\n\n;)\n\nWhen I was setting up a new hardware wallet back in 2019, I got a random seed where the last two words were "boat accident." Nope, nope, nope. "Eff that. Reset device & gimmie a new seed."\n\nI don\'t believe in fate, but I don\'t believe in tempting fate either.\n\nAnyhoo... cheers to you.', '1c8gnfl'], ['u/de_moon', 11, '2024-04-20 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f7nm9/', 'Since the halving occured after market hours, now comes the joy of waiting until Monday to find out if this will be a sell the news event like the ETF approval. That would be ideal, in my opinion. Give us a red month or three, cool off indicators on the higher time frames, then blast off later in the year with the reduction of new coins minted.\xa0\n\n\nWe\'ve already had 7 green monthly candles in a row, the stock market is starting to pull back, and everyone is expecting the halving to result in price going up. I would be very surprised, and disappointed, if we\'re above $70k by the end of the month.\xa0\n\n\nHaving several months of cooling off and sideways will also give us a new base for takeoff, which will allow for higher price targets. With interest rates expected to come down later this year into next, that\'s when I expect we\'ll break through our triple top cup and handle and head moonward.\xa0\n\n\nThe above is exactly why I\'m short term bearish, expecting a dip to $45-55k. It\'s low enough to wreck people longing the top into the halving and to entice shorts because "the halving was a non-event".\xa0\n\n\n!bitty_bot predict <$56,000 3 months', '1c8gnfl'], ['u/Taviiiiii', 12, '2024-04-20 10:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0f95th/', "Is there an easy answer to if and how the sudden fee shock affects the demand/supply structure? Will the decreased natural selling pressure from miner rewards be offset by miners selling fee rewards? Sorry I'm retarded thanks", '1c8gnfl'], ['u/spinbarkit', 11, '2024-04-20 11:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0fefye/', 'to you?', '1c8gnfl'], ['u/_2f', 12, '2024-04-20 13:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0foz4n/', 'As [I’d said yesterday](https://www.reddit.com/r/BitcoinMarkets/s/9xO9JRBpKQ), fee increases happen every time during a halving, as blocks slow down due to the difficulty adjustment. It would take 2 adjustments to reach 10 mins blocks again, so wait a couple weeks and it should automatically become better. Even just one adjustment will go a long way. \n\nI don’t know why people are freaking out about the fees. It’s expected, as roughly half the miners will mine at the same difficulty, so median block length becomes closer to 20(realistically 16 minutes) which is equivalent to temporary reduction in block size at least mathematically. And people wanting to get into first halving block added to it.', '1c8gnfl'], ['u/monkeyhold99', 10, '2024-04-20 13:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0fqfkp/', 'We’re essentially in a consolidation for almost two months now. What you’re saying is possible sure but I think we start the next leg up again pretty soon', '1c8gnfl'], ['u/snek-jazz', 11, '2024-04-20 14:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ftoyc/', "> I happened a little earlier than I thought.\n\nit happens to the best of us, hopefully she wasn't too disappointed.", '1c8gnfl'], ['u/simmol', 26, '2024-04-20 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g0qxh/', "Usually, this is right about the time where we should see some corrections. However, what is interesting is that everyone has become much intelligent this time around and you see that funding is now negative. Basically, the idea that there will be correction is now a mainstream view. This is different from a cycle ago where everyone just had FOMOed until a 50% dump from the top. Now, everyone thinks that they are smart but if everyone thinks that they are smart, the game becomes different. \n\nSo to me, it seems like there should be a correction. But judging by the funding rates, it seems like everyone is thinking like me. In that case, dumping is a lot more difficult by the whales. We'll see what happens in the next few weeks.", '1c8gnfl'], ['u/KuDeTa', 12, '2024-04-20 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g327k/', 'I’m guessing we have a very left translated cycle /- the market manifestation of the “intelligence” you speak of. So, the last four weeks since ATH _was_ the dip.', '1c8gnfl'], ['u/John_Crypto_Rambo', 14, '2024-04-20 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0g94u0/', 'It’s so exciting to think that the peak is coming in 12-18 months (or sooner). \xa0It’s finally here.', '1c8gnfl'], ['u/itsthesecans', 13, '2024-04-20 17:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gjrki/', "I'd gladly take any one of those 3 lines in the first chart. But that blue line is downright pornographic.", '1c8gnfl'], ['u/dopeboyrico', 12, '2024-04-20 17:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gks1f/', 'Looks like hitting $100k within ~70 days post halving keeps us on track for that blue line.\n\nHere to $100k in 70 days doesn’t seem unrealistic tbh, especially if spot ETF inflows continue to average more net inflows than the 450 newly mined BTC per day.', '1c8gnfl'], ['u/muskelralf', 17, '2024-04-20 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gq14n/', 'Stairs down, elevator up!', '1c8gnfl'], ['u/mad_bitcoin', 12, '2024-04-20 17:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gryov/', 'Prepare thy anus Mr Bear', '1c8gnfl'], ['u/HBAR_10_DOLLARS', 22, '2024-04-20 18:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gsjlr/', 'Would be really surprised to see any sort of ETF dump on Monday. I mean, who is going to hold over these past 2 months only to sell after the halving completes without a hitch? \n\nThen again, Bitcoin is good at surprising people.', '1c8gnfl'], ['u/logicalinvestr', 11, '2024-04-20 18:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gslok/', '>* Institutions are not interested in locking-in gains if they believe holding will cause continue gains. They don\'t have a mortgage to pay, or believe they\'ve made "enough".\n\nYes they are. Institutions absolutely lock in gains and rotate to other sectors, rebalance their portfolio, etc.', '1c8gnfl'], ['u/poremdevemos', 12, '2024-04-20 18:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gsyj9/', 'Halving the bears', '1c8gnfl'], ['u/logicalinvestr', 15, '2024-04-20 18:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gt98a/', "It's not about Bitcoin per se, it's about macro. Last week was bad for stocks and we got the first signals from the Fed that they may not cut interest rates this year. That stuff has a ripple effect and unfortunately cascades into Bitcoin.", '1c8gnfl'], ['u/Suburban_Sprawwl', 10, '2024-04-20 18:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gutng/', 'We go up Monday. I can feel it in my P P', '1c8gnfl'], ['u/doinkdoink786', 23, '2024-04-20 18:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0gxigt/', 'Grayscale mini gbtc fees to be .15%\n\nhttps://www.coindesk.com/business/2024/04/20/grayscale-reveals-015-fees-for-its-bitcoin-mini-trust-etf/', '1c8gnfl'], ['u/John_Crypto_Rambo', 17, '2024-04-20 19:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h2hmi/', 'At what price do the people expecting a dump get really nervous?', '1c8gnfl'], ['u/logicalinvestr', 10, '2024-04-20 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h3dn5/', "I suspect it's different for everyone depending on how they hedge, their timeframe, and goals.\n\nI can tell you that for me, I'm expecting a dump if the stock market continues to fall next week. Because my expectations depend on the stock market activity next week, the price this weekend has little to do with that and virtually no price change this weekend will make me nervous.", '1c8gnfl'], ['u/itsthesecans', 10, '2024-04-20 19:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h587o/', 'The math in the article doesn\'t quite add up. It says "Grayscale will contribute to the mini fund: 63,204 bitcoin, or 10% of existing assets in GBTC, as per the filing"\n\nGBTC now holds closer to 300,000 bitcoin. If they transfer 63,204 to the new product it would be more like \\~20% of assets.\n\nIf you are a GBTC holder it would reduce your effective fee to about 1.23% (80% of your holdings stay at 1.5% while 20% is moved to the 0.15% product)\n\n \nI don\'t see how this moves the needle much.', '1c8gnfl'], ['u/btc-_-', 12, '2024-04-20 19:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h780g/', 'Just to be clear, I\'m not a professional "quote maker". I\'m just a bitcoiner who greatly values mathematics and scientific fact over any silly gold rock from 3,500 years ago. This being said, I am open to any and all criticism.\n\n\'In this moment, I am euphoric. Not because of any phony fiat\'s blessing. But because, I am enlightened by bitcoin.\'" - btc-_-\n\nEh?', '1c8gnfl'], ['u/AverageUnited3237', 14, '2024-04-20 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0h7obc/', "As someone who sold my IBIT on Friday, about now. I'll be buying back in on Monday.", '1c8gnfl'], ['u/dopeboyrico', 25, '2024-04-20 19:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0has0h/', '[AUM held in new spot ETF’s is now at $34.3081 billion through day 69 or ~533.28k BTC.](https://x.com/hodl15capital/status/1781723314332782901?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.7305 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $497.22 million with average inflows of $421.11 million or ~7.73k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 18.1%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.181.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.3081 billion is 0.202% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 342 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.3% of that amount of BTC over the span of 69 trading days.', '1c8gnfl'], ['u/btctrader12', 21, '2024-04-20 19:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hb7ds/', 'Funding negative. Shorts loading up. Doesn’t take a genius to figure out what’s going to happen next (hint: they won’t win)', '1c8gnfl'], ['u/btctrader12', 14, '2024-04-20 20:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hek57/', 'War finished buddy', '1c8gnfl'], ['u/foxinknox04', 15, '2024-04-20 20:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hisv2/', 'The US just printed 90 billion freedombucks', '1c8gnfl'], ['u/longtimelurker_B', 10, '2024-04-20 21:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0hthmc/', 'Coinbase Pro now prompts a login page to view the live price candlestick ticker. What other sites do people use to see the 1m, 15m, 1hr, etc candles?', '1c8gnfl'], ['u/John_Crypto_Rambo', 10, '2024-04-20 23:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0i7jxr/', 'tradingview', '1c8gnfl'], ['u/nano_1111111', 12, '2024-04-20 23:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0i8xv4/', 'Degeneration available here:\nAggr.trade', '1c8gnfl'], ['u/snek-jazz', 10, '2024-04-20 23:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/l0ig5f2/', 'Buttcoin sub is the gift that keeps giving. The current post about Saylor\'s "pump and dump" is hilarious. Lots of breakdowns of the detailed steps of his dastardly plan to increase the value of the company so he can sell some shares (pre-announced, of course) at a high value.\n\nIt\'s basically this lol: https://www.youtube.com/watch?v=jgYYOUC10aM', '1c8gnfl']]], ['u/WishboneHot8050', 'Current BTC transaction fee: $306 USD', 60, '2024-04-20 06:11', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/', 'Someone posted in a comment that tx fees were $200 and I thought they were joking, but thought I\'d check.\n\nScreenshot is from the Mycelium wallet app. Priority means the recommended "tip" to get the miners to pick up your transaction for the next block. I\'m not sure where they pull the transaction fee recommendations from, but this is the highest I\'ve ever seen it.\n\nThe other screenshot shows the total tips collected from the last block: 14 bitcoins in addition to the nominal 3.125 block reward. That\'s a million dollar reward, assuming it\'s cashed out at current market prices, for mining that block.\n\n\n\nhttps://preview.redd.it/g2zl0jvd6kvc1.png?width=917&format=png&auto=webp&s=88094aa381de3bf09e14d15f421c3d8dbd4ddfd2\n\n\n\n\n\nhttps://preview.redd.it/9hnjvtsd7kvc1.png?width=2100&format=png&auto=webp&s=8f86460a7eeabb7a96203e35ed2c3e04c15d583e', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/', '1c8gv87', [['u/hibryd', 14, '2024-04-20 07:29', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/l0eossk/', 'Correct, the mempool says it’s more like 1,000 sat/vB. So half of that. Much more reasonable.', '1c8gv87'], ['u/bonerJR', 26, '2024-04-20 07:52', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_306_usd/l0er2qg/', "Might have briefly spiked there or something but still it's ridiculously high right now. The future of finance costs $50 to send any amount.", '1c8gv87'], ['u/benjaminck', 45, '2024-04-20 09:55', 'https://www.reddit.com/r/Buttcoin/comments/1c8gv87/current_btc_transaction_fee_30... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Ever since it went public almost exactly three years ago,Coinbase Global(NASDAQ: COIN)has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, naysayers assert that the stock is overvalued.\nFair enough. By some metrics,Coinbasedoes appear to be richly valued at this point. But there are two under-the-radar reasons why you should still be thinking about buying Coinbase stock like there\'s no tomorrow.\nThe big game-changer for Coinbase is that it finally seems to be figuring out how to make money in all market conditions. That will help to address a major complaint with Coinbase -- that it\'s too dependent on the vagaries of the crypto market. When crypto prices are rising, Coinbase will profit from trading fees. But what happens when the market goes south, as it did in 2022? Retail investors disappear, transaction revenue dries up, and Coinbase faces a lot of difficult questions from Wall Street analysts.\nSo that\'s why it\'s worth taking a closer look at Coinbase\'s non-transaction revenue, which comes from four "subscription and services" items: stablecoin revenue, custodial fees, blockchain rewards, and interest income. Its revenues from these sources continue to expand, and are starting to account for a bigger slice of the top line. For example, subscription and services revenue was up 78% in 2023. When Coinbase last reported quarterly earnings in February, this figure was up 12% from the previous quarter. These new revenue sources are helping to smooth out the impact of the crypto market\'s ebbs and flows on its results.\nIn 2024, the primary non-transaction revenue item I\'m keeping my eye on is custodial fees. As of January, Coinbase was the custodian for eight of the 11 new spotBitcoin(CRYPTO: BTC)ETFs. That\'s a big deal since these ETFs now have more than $30 billion in assets under management. Coinbase is essentially making money by looking after Wall Street\'s Bitcoin. As long as investors keep putting funds into these Bitcoin ETFs, Coinbase will continue to make money from custodial fees.\nThe second big game-changer for Coinbase is something called Base, which is a blockchain that the company launched in August. At the time, Coinbase got a lot of attention for being the first publicly traded company with its own blockchain, but nobody really knew what that would mean in terms of growth.\nWell, nearly nine months later, we\'re starting to get an idea of what Base is all about, and quite frankly, I\'m blown away. Base has already become a mini-innovation engine inside Coinbase that few people really know about or understand.\nFor institutional investors, Base has become a platform for testing out new concepts related todecentralized finance(DeFi). For retail investors, Base has become a go-to destination for trading meme coins. There have been so many new projects launched on Base that some have even compared it to an "earlySolana."\nI\'m particularly impressed by the amount of trading activity taking place on Base. Normally, we think of Coinbase as a centralized cryptocurrency exchange where investors trade in approximately 250 different cryptos. So you would expect the trading on its main platform to dwarf anything happening on Base.\nThat doesn\'t appear to be the case. As of March, decentralized crypto exchanges on Base are now seeing 24-hour trading volumes of more than $1 billion per day. That is almost exactly the same amount of 24-hour trading volume that Coinbase sees on its main platform for Bitcoin.\n"OK, OK," you\'re probably thinking. "Sounds great, but given all that, why is Cathie Wood of Ark Invest dumping Coinbase stock?" In a single week in March, for example, Ark Invest sold more than $150 million worth of Coinbase. The easy narrative here would be that she\'s simply given up on the stock.\nBut I think a big reason for those sales involves portfolio rebalancing. The valuation of Coinbase has increased so quickly that Ark Invest now needs to pare back its positions. Ark Invest says that no position in any of its ETFs will exceed 10% of the fund\'s total portfolio value, and keeping its Coinbase positions below that threshold\xa0 has required it to sell shares. So I\'m not particularly concerned that we keep hearing about Wood and Ark Invest selling Coinbase.\nAs a long-term investment, Coinbase continues to make sense. And with this month\'s Bitcoin halving, the price of all cryptos should continue to go up across the board. That\'s obviously good news for Coinbase\'s core business. Now that the company also has these two other under-the-radar factors working in its favor, these could be the secret to outperforming the market for years to come.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy.\n2 Completely Under-the-Radar Reasons to Buy Coinbase Stock Like There\'s No Tomorrowwas originally published by The Motley Fool', 'There\'s been a recent surge in investor interest in projects that are operating at the convergence of the artificial intelligence (AI) and cryptocurrency spaces. In 2024, as excitement about AI reached new heights, numerous cryptocurrencies that branded themselves as AI-related solutions have experienced significant gains.\nWhile the intersection of these technologies presents intriguing possibilities, the recent spike in interest may have inflated the values of many AI-branded cryptocurrencies. In typical crypto-market fashion, amid the noise, only a handful of these projects are likely to stand the test of time and hold their value.\nIn my view,Render(CRYPTO: RNDR)andBittensor(CRYPTO: TAO) hold true potential for long-term growth and offer genuine utility beyond the hype.\nRender is ablockchainnetwork that aims to democratize access to the resources needed for content rendering, particularly video cards (GPUs). Founded in 2017, Render emerged from the ambitious idea of utilizing blockchain technology to revolutionize graphics rendering.\nRendering -- the process of creating highly realistic images from 3D models -- requires significant time and hardware, especially to meet the high visual standards that viewers have for today\'s cinema, video games, and other virtual creations. Render\'s blockchain connects users requiring GPU computing power with those possessing it, enabling creators to produce high-quality 3D content without the need to purchase expensive hardware.\nRender\'s dynamic pricing system evaluates each GPU workload for rendering and efficiently distributes project tasks among available GPUs on its network. A sophisticated algorithm optimizes resource allocation, with the selected GPUs rendering the design and producing the required output. Content creators compensate GPU providers using RNDR tokens, based on the rendering task\'s complexity and resource usage.\nBeyond its technological potential, Render has a sound token model that should bolster its value. Following a burn-and-mint system, users pay for rendering tasks with dollars and then an equivalent amount of tokens are burned. The total supply that can be created is capped at 536,870,912 tokens, and roughly 70% of those are currently in circulation. It had minimal private sales in its early years, with the vast majority of the token supply in the hands of the public, a true rarity these days.\nWhile Render initially aimed to revolutionize graphic rendering, its innovative design offers vast potential for various AI applications as well as in the metaverse. For creators looking to leverage generative AI to create video, animations, and photos, Render\'s distributed network could prove to be invaluable. In addition, as the spatial web -- aka, the metaverse -- continues to evolve, there will be increasing demand for GPU resources to produce high-quality 3D renderings and photorealistic holograms.\nBittensor represents a decentralized network of artificial intelligence models. Its miners form the backbone of the network, providing users with access to a diverse range of models to tackle various AI tasks.\nTo grasp Bittensor\'s capabilities, let\'s contrast it with ChatGPT. While renowned for its human-like responses and widespread adoption, ChatGPT isn\'t without limitations: One could describe it as being akin to a single student in a classroom who has broad knowledge, but lacks depth in nuanced subjects. Bittensor, on the other hand, offers access to a multitude of AI models, each specialized in distinct tasks, effectively giving users access to an entire "university" compared to just one "student."\nMoreover, Bittensor fosters a collaborative environment in which models can learn from one another, breaking down the silos that confine traditional AI models like ChatGPT. This approach not only mitigates censorship resistance, but also promotes greater capabilities in those models. In essence, Bittensor aims to be the AI equivalent ofBitcoin(CRYPTO: BTC), with miners rewarded for providing access to AI models, and users benefiting from decentralized, trustworthy access to these models.\nIt also took a page out of Bitcoin\'s book in the form of its monetary policy. Like Bitcoin, Bittensor has a capped supply of 21 million coins, and undergoes periodic halvings that cut the rate of new coin production. There are currently just 6,609,871 coins in circulation; the rest are scheduled to be released over the next 22 years.\nIn a landscape dominated by big tech companies, Bittensor promotes an AI future built on innovation, censorship resistance, and decentralization. Its future applications could span industries from healthcare and finance to education and entertainment, unlocking new possibilities for AI-driven solutions and empowering users with trustworthy access to advanced AI capabilities.\nBefore you buy stock in Render Token, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Render Token wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Render Token. The Motley Fool has adisclosure policy.\n2 Top Artificial Intelligence (AI) Cryptocurrencies That Could Soar in the Bull Marketwas originally published by The Motley Fool', 'With a current market cap (as of the afternoon of April 17) of $360 billion,Ethereum(CRYPTO: ETH)is the world\'s second most valuable cryptocurrency. It\'s behind onlyBitcoinwhen it comes to market domination.\nJust in the past five years,Ethereum\'s native token has skyrocketed nearly 1,700% in value. That would have turned an initial $1,000 investment into a jaw-dropping $18,000 balance today.\nEthereum has also been on a fantastic run since the start of 2023, benefiting from the broader crypto market\'s rally. But this digital asset remains 36% off its high. Before you rush to buy the dip, here are three things you should know about Ethereum.\nEthereum\'s key characteristic is that it allows for the functionality ofsmart contracts. These are computer programs that automatically execute once separate parties in a transaction satisfy their ends of the agreement. Think about an escrow account immediately releasing funds as soon as a home buyer meets certain conditions. In theory, Ethereum could handle this without human intervention, which could lower costs.\nThis feature is what makes this cryptocurrency much more useful when compared to Bitcoin, according to what Ethereum bulls believe. In fact, Ethereum has a sprawling ecosystem ofdecentralized applications(dApps), ranging from gaming and finance protocols to non-fungible tokens and the metaverse. Smart contracts enable these types of use cases, which could disrupt traditional industry structures.\nGiven this background knowledge, it\'s not surprising that Ethereum is often dubbed the "world\'s decentralized computer."\nLike Bitcoin long has, Ethereum used to operate aproof-of-workconsensus mechanism. This is an energy-intensive way to process transactions and secure the blockchain. Estimates point to how Bitcoin\'s network uses the same amount of energy as a small country.\nBelieving that this was harmful to the environment and not on a sustainable path, Ethereum\'s developers successfully transitioned the network to aproof-of-stake(PoS) system in September 2022. After the so-calledMerge, in this setup, token owners who lock up their holdings have the right to validate transactions. According to Ethereum\'s website, the PoS consensus mechanism reduces energy usage by over 99%.\nThe other hope for the PoS transition is that it\'ll make Ethereum a much faster and cheaper network. It can only handle 14 transactions per second. And when demand is high, fees can soar. In order for Ethereum to one day usher in multiple new use cases, as many hope it can, the throughput needs to increase. There are other planned upgrades in the pipeline to one day make this a reality.\nBesides the Merge, Ethereum\'s developers have four main updates planned in the future. Each one focuses on a specific area of improvement. The end goal is to have a fully functioning Ethereum network that is good for the environment, fast, cheap, and able to have a vast dApp ecosystem operating on top of it.\nOf all the cryptocurrencies in the world, Ethereum has the most developers working on it by far. This bodes well for its future because it means there are smart people focused on solving complex problems to keep progress going. I always say that I believe the ultimate success of a cryptocurrency depends on its ability to bring about real-world utility. Ethereum is trying to do this.\nThe issue, though, is that no matter how smart the upgrade pipeline looks on paper, it introduces immense technical risk. We can\'t forget that blockchain technology is still in the early innings. There is a lot that needs to be learned. Constantly tweaking and messing with the software means there will always be the possibility that something will break along the way.\nIf you are bullish on Ethereum, understanding these three key areas should help give you a better understanding before you put your money to work.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n3 Must-Know Facts About Ethereum, Before You Buy the Cryptocurrencywas originally published by The Motley Fool', 'It has now been three months since the first spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) launched. In that time, they have managed to accumulate more than $30 billion in assets. They have become an easy and convenient way for first-time crypto investors to get exposure toBitcoin. Arguably, these spot Bitcoin ETFs have become the biggest, new, Wall Street product launch in 30 years.\nThat being said, some crypto enthusiasts still say that it\'s better to buy Bitcoin than a Bitcoin ETF. Are they just pining for a bygone era of crypto, or do they really have a point? Let\'s take a closer look.\nWhen thespot Bitcoin ETFsstarted trading on Jan. 12, I thought that they would have difficulty tracking the price of Bitcoin. After all, Bitcoin trades globally on a 24/7 basis, while the new ETFs trade on centralized exchanges with limited after-hours and pre-market trading. Moreover, Bitcoin is known for its historic volatility, and that would seem to make the act of tracking its price behavior much more challenging.\nYet, when I ran the numbers in mid-April, I was positively surprised. Using Jan. 12\xa0as a baseline, I compared the upward trajectory of Bitcoin with that of the top-two spot Bitcoin ETFs as ranked by their market cap. During that time period, Bitcoin increased in value from $46,656 to $62,206 for a gain of just over 33%. On a comparative basis, theiShares Bitcoin Trust(NASDAQ: IBIT)was up 33%, and theFidelity Wise Origin Bitcoin Fund(NYSEMKT: FBTC)was also up 33%.\nBitcoin / U.S. dollar chartby TradingView.\nAs can be seen in this three-month chart from TradingView, the two largest spot Bitcoin ETFs are up almost 1:1 with the price of Bitcoin. So, if you are simply looking for exposure to Bitcoin\'s price movement and planning to hold for the long term, then there does not appear to be any advantage to buying Bitcoin directly. Just keep it simple and buy the ETF.\nHowever, just keep in mind that you are not actually "buying Bitcoin" when you buy a Bitcoin ETF. Instead, you are buying exposure to the price of Bitcoin. In much the same way, when you buy an ETF tracking the S&P 500, you are not actually buying shares of every company in the S&P 500. You are buying exposure to the price of the S&P 500 via a benchmark asset that holds shares of those companies.\nThis might sound like semantics, but it has huge implications when it comes to crypto. That\'s because Bitcoin is both a currency and a commodity. There are times you might need access to Bitcoin as a currency. Say, for example, you wanted to use Bitcoin to pay for an airline ticket for an upcoming summer vacation. If you held Bitcoin via an ETF, you wouldn\'t be able to do that. You\'d have to sell your ETF and ask to pay in dollars instead. So did you really buy Bitcoin or just exposure to the price movement of Bitcoin?\nThere is a well-known aphorism within the crypto world: "Not your keys, not your crypto." The keys referenced here are cryptographic keys, and possession of them is the only way that you truly own Bitcoin (or any other cryptocurrency). In the case of the Bitcoin ETFs, the cryptographic keys belong to the ETF issuers and not to you.\nThus, if anything happens to Bitcoin -- such as the government deciding to change its legal or regulatory approach to crypto -- your options are very limited. The ETF issuers, not you, will decide what to do with your Bitcoin. Given that governments around the world routinely change their minds about Bitcoin, this is something that is top-of-mind for many crypto investors with a sizable position in Bitcoin.\nThat\'s why, whenever someone says how "easy" and "convenient" the new spot Bitcoin ETFs are to own, I\'m always a bit skeptical. Yes, they are easy. Yes, they are convenient. Yes, they do a very good job of tracking the price of Bitcoin. But at the end of the day, you do not own Bitcoin; Wall Street does.\nA number of influential investors are starting to recognize this fact as well. For example, best-sellingRich Dad Poor Dadauthor Robert Kiyosaki recently endorsed buying Bitcoin instead of the new Bitcoin ETFs. From his perspective, "rich dads" buy Bitcoin, while "poor dads" buy the Bitcoin ETFs. As Kiyosaki points out, direct-asset ownership is the key to wealth. Kiyosaki says he buys gold, not gold ETFs, and real estate, not real estate ETFs.\nThis is not to say that you shouldn\'t buy the new Bitcoin ETFs. If you are new to crypto, then they are potentially fantastic investments, right after the fourth Bitcoin halving event. They abstract away all the complexities of crypto and make Bitcoin easy to buy. You never have to worry about cryptographic keys or what Bitcoin miners actually do all day.\nBut just keep in mind: Buying a Bitcoin ETF is not the same as buying Bitcoin. Someday, this could be a game-changing difference.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin or a Bitcoin ETF?was originally published by The Motley Fool', 'It has now been three months since the first spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) launched. In that time, they have managed to accumulate more than $30 billion in assets. They have become an easy and convenient way for first-time crypto investors to get exposure toBitcoin. Arguably, these spot Bitcoin ETFs have become the biggest, new, Wall Street product launch in 30 years.\nThat being said, some crypto enthusiasts still say that it\'s better to buy Bitcoin than a Bitcoin ETF. Are they just pining for a bygone era of crypto, or do they really have a point? Let\'s take a closer look.\nWhen thespot Bitcoin ETFsstarted trading on Jan. 12, I thought that they would have difficulty tracking the price of Bitcoin. After all, Bitcoin trades globally on a 24/7 basis, while the new ETFs trade on centralized exchanges with limited after-hours and pre-market trading. Moreover, Bitcoin is known for its historic volatility, and that would seem to make the act of tracking its price behavior much more challenging.\nYet, when I ran the numbers in mid-April, I was positively surprised. Using Jan. 12\xa0as a baseline, I compared the upward trajectory of Bitcoin with that of the top-two spot Bitcoin ETFs as ranked by their market cap. During that time period, Bitcoin increased in value from $46,656 to $62,206 for a gain of just over 33%. On a comparative basis, theiShares Bitcoin Trust(NASDAQ: IBIT)was up 33%, and theFidelity Wise Origin Bitcoin Fund(NYSEMKT: FBTC)was also up 33%.\nBitcoin / U.S. dollar chartby TradingView.\nAs can be seen in this three-month chart from TradingView, the two largest spot Bitcoin ETFs are up almost 1:1 with the price of Bitcoin. So, if you are simply looking for exposure to Bitcoin\'s price movement and planning to hold for the long term, then there does not appear to be any advantage to buying Bitcoin directly. Just keep it simple and buy the ETF.\nHowever, just keep in mind that you are not actually "buying Bitcoin" when you buy a Bitcoin ETF. Instead, you are buying exposure to the price of Bitcoin. In much the same way, when you buy an ETF tracking the S&P 500, you are not actually buying shares of every company in the S&P 500. You are buying exposure to the price of the S&P 500 via a benchmark asset that holds shares of those companies.\nThis might sound like semantics, but it has huge implications when it comes to crypto. That\'s because Bitcoin is both a currency and a commodity. There are times you might need access to Bitcoin as a currency. Say, for example, you wanted to use Bitcoin to pay for an airline ticket for an upcoming summer vacation. If you held Bitcoin via an ETF, you wouldn\'t be able to do that. You\'d have to sell your ETF and ask to pay in dollars instead. So did you really buy Bitcoin or just exposure to the price movement of Bitcoin?\nThere is a well-known aphorism within the crypto world: "Not your keys, not your crypto." The keys referenced here are cryptographic keys, and possession of them is the only way that you truly own Bitcoin (or any other cryptocurrency). In the case of the Bitcoin ETFs, the cryptographic keys belong to the ETF issuers and not to you.\nThus, if anything happens to Bitcoin -- such as the government deciding to change its legal or regulatory approach to crypto -- your options are very limited. The ETF issuers, not you, will decide what to do with your Bitcoin. Given that governments around the world routinely change their minds about Bitcoin, this is something that is top-of-mind for many crypto investors with a sizable position in Bitcoin.\nThat\'s why, whenever someone says how "easy" and "convenient" the new spot Bitcoin ETFs are to own, I\'m always a bit skeptical. Yes, they are easy. Yes, they are convenient. Yes, they do a very good job of tracking the price of Bitcoin. But at the end of the day, you do not own Bitcoin; Wall Street does.\nA number of influential investors are starting to recognize this fact as well. For example, best-sellingRich Dad Poor Dadauthor Robert Kiyosaki recently endorsed buying Bitcoin instead of the new Bitcoin ETFs. From his perspective, "rich dads" buy Bitcoin, while "poor dads" buy the Bitcoin ETFs. As Kiyosaki points out, direct-asset ownership is the key to wealth. Kiyosaki says he buys gold, not gold ETFs, and real estate, not real estate ETFs.\nThis is not to say that you shouldn\'t buy the new Bitcoin ETFs. If you are new to crypto, then they are potentially fantastic investments, right after the fourth Bitcoin halving event. They abstract away all the complexities of crypto and make Bitcoin easy to buy. You never have to worry about cryptographic keys or what Bitcoin miners actually do all day.\nBut just keep in mind: Buying a Bitcoin ETF is not the same as buying Bitcoin. Someday, this could be a game-changing difference.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShould You Buy Bitcoin or a Bitcoin ETF?was originally published by The Motley Fool']... Last 60 Days of Bitcoin's Closing Prices:* [51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-21 Financial & Commodity Data: - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,276,015,980,888 - Hash Rate: 601215797.9919556 - Transaction Count: 641668.0 - Unique Addresses: 484762.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin opened the week as the top blockchain for non-fungible tokens (NFT) on Monday, with sales skyrocketing by 74% in the past 24 hours. The blockchain recorded US$21.11 million in sales, a substantial increase from Sunday’s US$12.13 million, according to CryptoSlam data. The number of transactions also rose 17% from 5,773 to 6,759 transactions. Monday’s sales volume experienced a decline of approximately US$1 million from Friday. Like Friday, Ethereum and Solana ranked second and third respectively in the past 24 hours. Ethereum experienced a sales decrease of 21%, with a total sales volume of US$12.41 million. Solana, on the other hand, saw a sales increase of 32%, with a total sales volume of US$10 million. Solana has been the big story for the industry in recent days, with the network’s native cryptocurrency flipping BNB on Monday to become the fourth-largest cryptocurrency by market capitalization. SOL was trading at US$199 at 2:30 p.m. ET.... - Reddit Posts (Sample): [['u/JJonesProd', "Why couldn't Shib beat Doge?", 16, '2024-04-21 01:48', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', '1c942ud', [['u/GetBent1990', 17, '2024-04-21 01:56', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0iy92t/', '142 billion DOGE - 582,861,833,239,519 SHIB ;;; there is your answer.', '1c942ud'], ['u/SilentOcelot4146', 14, '2024-04-21 02:20', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0j1rcf/', 'The price per token/coin/share is a small part of it, you need to look at the market cap. For example, Autozone is 3k a share, Apple is 160 a share. Apple as a company is worth nearly 50x as much.', '1c942ud'], ['u/Mj_6o4', 14, '2024-04-21 05:06', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0joha0/', 'Shib is in a different category than doge though...\n\nDoge like many other moonshot shit coins has nothing going for it.\n\nShib has a lot of stuff already made and a road map for the future..\n\nIt has a network (shibarium)\nIt has a dex (shibaswap)\nA dao (doggy dao)\nA game (shiba eternity)\nAn nft collection (the shiboshis)\nA metaverse project in development\n\nAnd I think more unique addresses hold shiba inu than any other coin on the ethereum network.', '1c942ud']]], ['u/JJonesProd', "Could Shib beat Doge's 8 years to hit 0.01?", 27, '2024-04-21 01:49', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', '1c943l4', [['u/snoopy_light', 14, '2024-04-21 02:12', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/l0j0m0y/', 'Yes it can if they burn trillions', '1c943l4']]], ['u/prncemirsky', 'Bitcoin ATM in Waterview laundromat', 86, '2024-04-21 03:02', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/', 'Posted without comment.', 'https://www.reddit.com/gallery/1c95l42', '1c95l42', [['u/prncemirsky', 14, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8j5u/', 'As far as I can tell, this is for purchasing Bitcoin as opposed to spending it. Wash your clothes and your cash at the same time.', '1c95l42'], ['u/logantauranga', 77, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8l9e/', 'Does this money-laundering machine have a delicate spin cycle?', '1c95l42'], ['u/Mort450', 56, '2024-04-21 03:12', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j982z/', 'Looks like something that will definitely steal your data and wallet holdings', '1c95l42'], ['u/babycleffa', 18, '2024-04-21 04:11', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jhhi4/', 'Bitcoin atms should be highly regulated if not banned\n\nThey’re typically used by people being scammed, and the business housing the atm gets a cut \n\nIt’s disgusting', '1c95l42'], ['u/Unfair_Explanation53', 10, '2024-04-21 04:33', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jkbdc/', "I don't think there are many elderly using digital currency.\n\nMost of the elderly I know won't even use paywave", '1c95l42'], ['u/weaz-am-i', 24, '2024-04-21 05:54', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jtzii/', "PM me your private keys, and I'll check on the database to see if they have been exposed.", '1c95l42'], ['u/hick-from-hicksville', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jup04/', 'You should break it open and steal all the bitcoin inside', '1c95l42']]], ['u/MaGiC-iNtErNeT-mOnEy', 'The "quadrupling"', 144, '2024-04-21 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/', 'Instead of the "halving" can we now all it the "quadrupling"? 🤣\n\nHere\'s a visual that shows the Bitcoin subsidy (6.25btc to 3.125btc) blue bars, and the Bitcoin fees, orange bars. Before and after the halving, block number 840,000.\n\nYou can see fees have exploded such that the reward and halving is so insignificant to the now very expensive fees, even still now that we\'re over a day out post halving.', 'https://i.redd.it/jnwtc7vepqvc1.jpeg', '1c96o4z', [['u/Horror_Rich4403', 46, '2024-04-21 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jhuts/', 'Can someone explain why fees jumped so much? Why were they pretty consistent right before?', '1c96o4z'], ['u/anyprophet', 33, '2024-04-21 04:21', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jiseo/', 'this post is a good rundown of it: https://www.reddit.com/r/Buttcoin/comments/1c8x7k2/why_bitcoin_transaction_fees_are_so_high_right/', '1c96o4z'], ['u/Horror_Rich4403', 26, '2024-04-21 04:32', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jk775/', 'The poster was right. This IS very hilarious and dumb!\xa0', '1c96o4z'], ['u/dyzo-blue', 96, '2024-04-21 04:33', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkagf/', "People who make Ordinals paid extra fees to try to land their transaction exactly in the Halvening block, because somehow NFTs created within it should be more desirable. (Yeah, it's dumb.)\n\nThen all the wallets that suggest fees for transactions base it on averaging the fees from the last couple blocks. So the fees stay high indefinitely. (Yeah, it's that dumb.)", '1c96o4z'], ['u/Horror_Rich4403', 27, '2024-04-21 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkjmn/', 'Seriously though are people still buying NFTs? Like truly the fad isn’t over?\xa0\n\nIf anything was to be compared to beanie babies, NFTs were truly it. If they’re mostly being used to wash trade, why would the fraudsters waste the money?', '1c96o4z'], ['u/WishboneHot8050', 27, '2024-04-21 04:43', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jlmsl/', "I was hoping for the spiral death loop scenario. That is the idea that half the miners would immediately unplug after the halving since they wouldn't be able to maintain profitability. And the reduction in overall hash rate would trigger even longer hash times between blocks for those that stayed on hashing. Thereby raising overall mining costs per block again, thereby causing other miners to unplug.\n\nNot happening today.", '1c96o4z'], ['u/lagerbaer', 25, '2024-04-21 05:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnu7b/', 'Interestingly enough, no mention whatsoever of this on the bitcoin sub. As in, stupid high transaction fees.', '1c96o4z'], ['u/Ok-Row-6131', 14, '2024-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnzk7/', 'This is amazingly dumb.', '1c96o4z'], ['u/dyzo-blue', 25, '2024-04-21 05:15', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jplws/', "I don't think there is much volume sold anymore.\n\nBut apparently there are still enough creepto-rich whales out there, who are fascinated enough, that they enjoy minting their own. By enough, I mean enough to cause the spike. It could just be a couple dozen nerds sitting on hundreds of BTC each.", '1c96o4z'], ['u/mechanicalcontrols', 10, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5cq6/', "Every time we think we've seen the bottom, the crypto bros dig deeper to a new level of stupid.", '1c96o4z'], ['u/mechanicalcontrols', 11, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5eq6/', "Well, of course. It's inconvenient to the hype men.", '1c96o4z'], ['u/mechanicalcontrols', 13, '2024-04-21 07:46', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5i5b/', 'Might still happen.', '1c96o4z'], ['u/Vast_Bar9356', 10, '2024-04-21 08:40', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kad44/', "A new update was made for Bitcoin allowing for 13 character tokens to be created on the Bitcoin network called runes. This upgrade was coded to launch on the 840,000th halving block. On the upgrade, there was a big fight for different team projects to secure specific initial number spots and secure their team projects unique ticket name. Some teams or individuals raised money for the gas fees to ensure they secured their ticker as the outcome can lead to a successful project launch and a profitable project. \n\nBitcoin runes is almost akin to erc 20 (ethereum) being released. The ability to create tokens that pretend to do something but don't really do anything. This approach has been taken to the extreme on Bitcoin with runes, that projects boast that there is no utility to the token it is simply a meme token. \n\nThe event has been largely very over hyped, there were pre rune brc 20 token launches that promised a rune post halving. But we will see over the coming months which projects get listed on cex's and can continue to shine, who will have lost the most money on gas fees and not made money, who gets rug pulled by the pre mine on the ticker... Etc etc\n\n(In the initial launch, many tokens could be minted just by laying the gas fees, another reason why gas fees were so high, as their were thousands of individuals scouring these pages for good tickers that good minted 10x and 100x opps.)\nhttps://luminex.io/runes/\n\nAlpha:\nhttps://x.com/udiWertheimer/status/1781787765631270929?t=1lAcs1IuosX5m2R8dmt1Eg&s=08\n\nCan buy on unisat (terrible UX), gate io just listed Satoshi•nakamoto and meme•economics \nhttps://unisat.io/runes/market?tick=SATOSHI%E2%80%A2NAKAMOTO\n\nTldr: runes was launched on 840,000th block allowing memecoins on Bitcoin blockchain and BTC degens are gambling on the next doggy coin or memecoin to come out of this. Especially with possible exchange listings of these runes in the future. 🙏", '1c96o4z'], ['u/henrik_se', 19, '2024-04-21 08:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0karpu/', "> So the fees stay high indefinitely\n\nBecause the few people who are actually transacting on the blockchain don't give a fuck. If this had been a real currency with actual transactions and consumers, there would have been a massive pressure to get the fees down.", '1c96o4z'], ['u/Lyrolepis', 17, '2024-04-21 08:56', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kbsvt/', "...wait, they want to estimate the likely future transaction prices from past transaction prices, but their algorithms just do a running average without any sort of monitoring for outliers (in either direction)? \n\nThat's... somewhere in the world a statistician just started crying and does not know why.", '1c96o4z'], ['u/ross_st', 18, '2024-04-21 08:58', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0kbybc/', "Note: Runes isn't an update to the Bitcoin protocol. It's just data added via OP\\_RETURN. Nothing 'went live' in the Bitcoin network's codebase at block 840,000. It's just that people who have agreed to follow the Runes standard have also agreed that this was the first block they'd recognise Runes from (although people were 'minting' 'unofficial' runes in earlier blocks).", '1c96o4z'], ['u/OfficeSalamander', 10, '2024-04-21 16:48', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0lo9kd/', 'My debit card never has surge pricing though', '1c96o4z']]], ['u/liveaskings', 'Going all in on Flare?', 14, '2024-04-21 05:00', 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/', "I want to see what some of your opinions might be on this. \n\nWe are about a third of the way completed with the airdrops. I'm debating if I should go all in on Flare to capitalize on those remaining airdrops. If I were to sell my other coins and go all in, that would be able to generate over $1,200 of income a month from those airdrops. \n\nAdding to that income, I also know that Flare still has a lot of room to grow and will be a solid project for years to come. \n\nAre there any of you who are all in on Flare? Would I be stupid to sell BTC and other coins to go all in? \n\nGenuinely curious about your thoughts on this.", 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/', '1c97qob', [['u/rali108v5', 19, '2024-04-21 05:13', 'https://www.reddit.com/r/FlareNetworks/comments/1c97qob/going_all_in_on_flare/l0jpbur/', "I don't think you should go all in on Flare, I like what they are doing and hold a considerable amount. But there is no guarantees. Diversify. look at XRP, so much potential and hype but its still at 50c after 7 years.", '1c97qob']]], ['u/Error5245', '0.15 inches in 12 days', 39, '2024-04-21 05:23', 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/', "I went from 5.7 to 5.85 NPB within the span of 12 days. For context, I found out about PE in late 2023, but I didn't actually start properly up until 3 months ago. I started off with 20 bundled stretches and btc stretches for about 5 minutes in the morning and before I slept. I did this very inconsistently, often going for a week or so with no PE whatsoever. This got me from 5.6 to 5.7 NBP in the span of 2 months. Around this time I got myself in a new relationship, prompting me to actually do something about my penis size. So about 12 days ago I started a new routine, which is as follows:\n\nMorning:\n- Pull straight down (1 min x 5) \n\nBefore sleep:\n- Pull to the left (1 min)\n- Pull to the right (1 min)\n- Pull straight down (1 min x 3)\nRepeat 3 times. \n\nWithin the first 3 days, I noticed my flaccid penis was longer and fuller, just occupying more volume. On the 12th day of this routine, I decided to measure myself, not expecting quite much (considering it had just been 12 whole days lol). To my pleasant surprise, I saw my penis reached just between the 5.8 and 5.9 mark. This meant I'd gone from 5.7 inches to 5.85 inches NPB and gained 0.15 inches in 12 days. I just wanted to share this to motivate the beginners (like myself) here that it's possible, you just gotta be consistent and put in the effort. \n\nAlso, a few things I've learned during my 3 months of PE that helped me with my EQ and growth:\n- dont go to hard while doing manuals, just pull the head of your penis (making sure ur not squeezing it too hard either) until your penis is taut\n- do your manuals with your penis around 30% hard (no way to estimate the % at whig your penis is hard lmao, ur just gonna know at a certain point)\n- stay hydrated. me personally, being 5'11 67 kgs, i drink about 3 and a half litres spaced out every day\n- eat healthy. try consuming whole foods more, avoid junk foods, cut down on unnecessary sugars\n\n\n\n", 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/', '1c984yj', [['u/TransatlanticAB', 24, '2024-04-21 08:48', 'https://www.reddit.com/r/gettingbigger/comments/1c984yj/015_inches_in_12_days/l0kb0rt/', 'EQ is a hellavu drug', '1c984yj']]], ['u/99globsofectoplasm', 'who is the smartest person AGAINST bitcoin?', 47, '2024-04-21 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/', "I've read the whitepaper, watched countless videos, and have come to the conclusion that bitcoin is something special. But more importantly, it seems people who are much smarter than me believe in bitcoin. \n\n \n\nIt seems that those against bitcoin are just ill informed. I often see statements like\n\n* it's a ponzi scheme\n* something something tulip mania\n* what if someone shuts off the internet\n* I can't hold it so it's not real \n* it uses too much energy and is bad for the environment\n* can't work as an actual currency\n* only bad people use it for illegal stuff\n\nAre there any people out there who really know bitcoin on a technical level and can see some flaw that holds up in an argument? A flaw that would actually prevent bitcoin from becoming the digital bedrock of our entire financial world?", 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/', '1c98npf', [['u/effervescentinvader', 38, '2024-04-21 06:06', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jvdhq/', "This is a really good question. The most famous anti-Bitcoin pundits like Peter Schiff don't seem to know what they're talking about because they have a lot of economy-based education and no knowledge of the technology behind Bitcoin. As hard as I've tried to get a coherent explanation on why Bitcoin is going to zero the arguments are all fluff and no substance.", '1c98npf'], ['u/Forward-Aide-4822', 23, '2024-04-21 06:12', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jvyai/', 'Nassim Taleb', '1c98npf'], ['u/Distinct_Plankton_82', 18, '2024-04-21 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jx81a/', "Sure.... \n \nThe biggest argument against it is there isn't a scalable way to have enough on chain transactions to support global adoption. People have been working on this for 10 years and there's still no agreed solution.\n\nEven L2 solutions like lightening don't scale enough because you still need an on chain transaction to open and close a channel.\n\nThere is currently no way Bitcoin scales to the entire global financial system without the vast vast majority of the transactions being centralized and off chain, which kills a large number of the benefits of bitcoin.", '1c98npf'], ['u/levigoldson', 11, '2024-04-21 06:41', 'https://www.reddit.com/r/Bitcoin/comments/1c98npf/who_is_the_smartest_person_against_bitcoin/l0jz1ek/', 'Even smart people like Taleb can become a victim of their own arrogance. He used to own bitcoin, until he sold it, and forever was stuck in his "it will crash soon....trust me" mode. The guy can\'t even admit when his predictions are wrong.', '1c98npf']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, April 21, 2024', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/', '1c98rjb', [['u/dopeboyrico', 27, '2024-04-21 06:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0jvvq3/', 'Average net inflows since spot ETF approval is at $178.6 million per trading day.\n\nWe’ve had 69 trading days since spot ETF launch. But there’s only 5 trading days in a week. Today marks 102 calendar days since spot ETF launch. In terms of average daily inflows in calendar days, we’re at $120.85 million per day.\n\n450 BTC are mined per day. If we reach a point where buying/selling outside of spot ETF’s is net neutral and spot ETF’s are chasing newly mined BTC only, equilibrium price would be $268.55k per BTC.', '1c98rjb'], ['u/anon-187101', 16, '2024-04-21 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k44fg/', "there's been more coin distribution around the previous ATH than I expected\n\nlots of lettuce hands with 2022 trauma", '1c98rjb'], ['u/kb1985', 20, '2024-04-21 07:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k5gt4/', 'Wait, is this the famous „it will dump immediately after the halving” event?', '1c98rjb'], ['u/Normal-Jelly607', 11, '2024-04-21 08:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k7txj/', 'We’ve had 2 green days since the 5th of April.', '1c98rjb'], ['u/Outrageous-Net-7164', 15, '2024-04-21 08:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k80ux/', 'I think most people in Bitcoin are lettuce hands waiting for an exit number.', '1c98rjb'], ['u/CompleteApartment839', 10, '2024-04-21 08:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0k99p4/', 'One thing I’ve learned with bitcoin is not to count any chickens until they’re mined. 🙏', '1c98rjb'], ['u/DesperateToHopeful', 18, '2024-04-21 09:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kc3jb/', "It could easily still dump. There hasn't been a TradFi business day since the halving, fees are unusually high atm due to Runes (basically graffiti for the short-sighted and/or stupid) which might dissuade people moving coins to exchanges to sell, lots of potentially volatile geopolitical/economics events are ongoing.", '1c98rjb'], ['u/monkeyhold99', 11, '2024-04-21 09:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kcyqx/', 'People were thinking this would be sell the news. Reverse psychology. Pamp it.', '1c98rjb'], ['u/Melow-Drama', 32, '2024-04-21 10:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0khiz7/', 'Transaction fees have shot up to levels beyond 100 USD ([chart](https://ycharts.com/indicators/bitcoin_average_transaction_fee)) due to the launch of Runes protocol on BTC whereby you can basically mint stuff on the BTC chain similar to Ordinals. Some openly call it a spam attack. But what saddens me once again is that there is no constructive discussion allowed in, for example, this [r/bitcoin thread](https://www.reddit.com/r/Bitcoin/s/DklbeQAXfl). Even mentioning Runes gets your post deleted.\n\nI struggle to see why all network users should pay for the experiments of a few, hence, this is anything but ideal. But there has to be discussion allowed. /End of rant', '1c98rjb'], ['u/snek-jazz', 17, '2024-04-21 10:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kio2w/', "I have no strong opinion on this, except that I always get a little kick out of people finding out what decentralised really means.\n\n> But what saddens me once again is that there is no constructive discussion allowed in, for example, this r/bitcoin thread.\n\nI wouldn't worry too much about that, attempting to censor the internet doesn't tend to be very successful.", '1c98rjb'], ['u/bundabrg', 26, '2024-04-21 10:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kivyy/', 'I am about as BTC maxi as it gets a but i dislike how that sub went and have left it for about 7 years I reckon. I understood the issue when they were getting spammed like crazy during the bitcoinXT(etc...) days but i feel they are now no longer representative of the core values of Bitcoin.', '1c98rjb'], ['u/_supert_', 16, '2024-04-21 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kkvf5/', 'I agree. A shitstain on the trousers of bitcoin. Fortunately they are not really relevant any more.', '1c98rjb'], ['u/btctrader12', 24, '2024-04-21 11:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0ko7c2/', 'No one is longing this and funding rates are still low. Any sort of dump is immediately bought up. I expect tons of liquidations going up', '1c98rjb'], ['u/btctrader12', 10, '2024-04-21 11:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kol76/', '“Currently the fungible token market for Bitcoin is quite small in comparison to ETH and SOL; however, with the launch of more efficient token standard (Runes), Bitcoin is positioned well to to close the gap between its fungible market cap versus that of other blockchains.”\n\nLooks like BTC devs wanted their own ways to create shitcoins now! Bullish', '1c98rjb'], ['u/Rich-Math-2095', 25, '2024-04-21 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kwmut/', 'this is not the work of btcoin devs.', '1c98rjb'], ['u/muskelralf', 10, '2024-04-21 13:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0kzqlt/', 'At which price do you think those shorts are getting liquidated?', '1c98rjb'], ['u/CurrencyAlarming1099', 11, '2024-04-21 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l0mx6/', "I can't understand why ordinals was added to bitcoin. Is there something wrong with shitcoins being far away? We had to have them bidding on our block space too?\n\nSigh, not that it matters in the long term. Runes will quickly get out competed by a base chain that doesn't also have to be the world's money.", '1c98rjb'], ['u/CurrencyAlarming1099', 10, '2024-04-21 13:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l0ye6/', "It's been much longer than that. Stopped being useful after the first bull run in 2013. The next bull run was all arguments about block size which for me had been settled on bitcointalk years earlier.", '1c98rjb'], ['u/BuyAnacottSteel', 11, '2024-04-21 13:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l1o24/', 'Breaching 66k in the short term would liquidate some degens. That would be first real level.', '1c98rjb'], ['u/noeeel', 18, '2024-04-21 14:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l2er3/', 'If the weekly closes tonight above 65.6k I will close my short.', '1c98rjb'], ['u/Cultural_Entrance312', 25, '2024-04-21 14:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l4u8b/', 'On the hourly BTC has broken out of the falling wedge. RSI is at 61.3 (average 59.3) at time of writing. Current, nearby, resistance are 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 64.1, 63, 61.7, 60.5 and 59. We might have another leg up soon to the 67.4 area. It’s the old sloping resistance from the last pennant.\n\nThe daily RSI is at 48.1 and its average is currently at 47.7. A falling wedge is forming. Need a couple of more touches to make sure it is a legitimate pattern. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA and downward sloping resistance.\n\nIt looks like we may close for the 3^(rd) week in a row red, although it is currently only 600 away from turning into a green candle. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.2 (77.9 average). A more traditional pennant formation has been formed (It did wick below it). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 70.2. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/CVBl7C2W/](https://www.tradingview.com/x/CVBl7C2W/)\n\nDaily: [https://www.tradingview.com/x/rHVGU2sP/](https://www.tradingview.com/x/rHVGU2sP/)\n\nWeekly: [https://www.tradingview.com/x/LoYf4TU1/](https://www.tradingview.com/x/LoYf4TU1/)\n\nMonthly: [https://www.tradingview.com/x/5XzZ19J2/](https://www.tradingview.com/x/5XzZ19J2/)', '1c98rjb'], ['u/AccidentalArbitrage', 19, '2024-04-21 15:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0l8ztm/', 'I think runes are stupid and that they won’t last long. \n\nBut I also think Bitcoin is an open, public, network. If you are willing to pay the fee you can use it however you like IMHO.', '1c98rjb'], ['u/John_Crypto_Rambo', 32, '2024-04-21 15:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0len6r/', 'Max pain is 80k as people that sold the halving waiting for the 50s go post on Buttcoin.', '1c98rjb'], ['u/bobsagetslover420', 17, '2024-04-21 15:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lftj5/', "Don't we do this almost every weekend? Price recovers and hope returns just to get slapped down when the stock market reopens?", '1c98rjb'], ['u/Melow-Drama', 11, '2024-04-21 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lg4dm/', "Transactions fees matter to all holding coins directly and the chart speaks to itself so I'd disagree humbly.", '1c98rjb'], ['u/btc-_-', 22, '2024-04-21 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lhlu6/', "and then one day it just starts going up and doesn't get slapped back down. the tricky thing is that we don't know when that'll be.", '1c98rjb'], ['u/phrenos', 28, '2024-04-21 16:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lpygo/', 'What is this, a crab for ants?', '1c98rjb'], ['u/octopig', 13, '2024-04-21 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lum7l/', 'Yeah max pain is definitely the price going way up!!!', '1c98rjb'], ['u/Mbardzzz', 18, '2024-04-21 17:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lwtjy/', 'We’re in for months of this shit before price goes up.', '1c98rjb'], ['u/pseudonominom', 24, '2024-04-21 17:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0lz6rz/', 'Good. “Normalize $60k” is just letting the foundation consolidate.', '1c98rjb'], ['u/Taviiiiii', 14, '2024-04-21 18:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0m8vpp/', 'Holy shit a 500$ drop, what a bart', '1c98rjb'], ['u/btctrader12', 15, '2024-04-21 18:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0m9tmy/', 'Funding rates are at about the same level BTC was at during the 38k bottom. I expect any sort of dip to be bought up which will then cascade up into liquidations. You can see it in the price action: every 1-2k move is instantly and quickly bought up', '1c98rjb'], ['u/barfalloverewe', 22, '2024-04-21 19:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0mc7ov/', 'Due for another Sunday late night surge. !bitty_bot predict over 71,000 on 4/22/24', '1c98rjb'], ['u/AccidentalArbitrage', 16, '2024-04-21 19:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0mdunz/', ">Funding rates\n\nI'm shocked by how negative they are, still.", '1c98rjb'], ['u/btctrader12', 20, '2024-04-21 19:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0me5rf/', 'It’s from shorts that loaded up during World War 3 (April 12-19)', '1c98rjb'], ['u/Cadenca', 19, '2024-04-21 21:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0n2mvb/', 'Someone call up the Bitcoin CEO, this price action is not stimulating enough for me', '1c98rjb'], ['u/btc-_-', 13, '2024-04-21 22:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0n5nt7/', "i called my dad who works at bitcoin and he said i need to chill out because they just had their halving sale start this weekend. i guess usually they don't see inventories really start to clear out for another 4 to 6 months after the quadrennial halving sale begins. he also said there are tendies in the freezer so, overall, i'm pretty stoked.", '1c98rjb'], ['u/btc-_-', 25, '2024-04-21 23:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1c98rjb/daily_discussion_sunday_april_21_2024/l0niiyh/', "Here are some reasons why I think the full cycle peak is still yet to come. As a disclaimer, this is looking at it as if we're currently on a peak trajectory for 2024 instead of recent price action having been a mid-cycle top. If we're at a mid-cycle top instead with a lull the rest of 2024, then I'd expect the peak to go even higher in 2025.\n\nMonthly LMACD ([chart link](https://i.imgur.com/afsMopY.png), settings visible):\n\n* Based on the macro downward trendline (in yellow), we still have quite a ways to go to touch that line. That's also assuming we see a continued downtrend, which is not guaranteed. Comparatively, this cycle we're currently looking like July 2017 or Dec 2020.\n* If we're well on our way to a peak, then we should expect to see another 90 days to the peak (if current LMACD position to peak continues to shorten) or possibly another 120-150 days to match previous cycles.\n* For a different cycle peak target, in looking at the bottom of the chart, LMACD bottom to top has been 822 days and 731 days the last two cycles, respectively. If we expect a similar shortening, then we'd expect another 91 days shorter to peak to give us 640 days total, or an October 2024 peak.\n* Additionally, we have yet to see an LMACD bearish cross where the LMACD line (blue) crosses below the signal line (orange)\n\n\nMonthly RSI ([chart link](https://i.imgur.com/GU04cLf.png), settings visible):\n\n* Similar to the LMACD above, we're seeing a macro downtrend for RSI (in yellow). We haven't got close to that yet. Comparatively, this cycle we're currently looking like May 2017 or Dec 2020. \n\n* Even if we look at the orange moving average and its downtrend (teal line), we're still quite a ways away. \n\n* Based on RSI bottom to top (date measurements at the bottom), we could get extreme with it and say that we see a similar percentage number of days decrease this cycle as last cycle. That would mean an RSI top of about July 2024. If we match last cycle's 790 days, that puts us near Feb 2025.\n\nDXY Cycles ([chart link](https://i.imgur.com/IRdNmnE.png), idea stolen from /u/damonandthesea and his [comment here](https://www.reddit.com/r/BitcoinMarkets/comments/1c60din/daily_discussion_wednesday_april_17_2024/l00ysf6/)):\n\n* Monthly DXY (U.S. Dollar Index) looks to follow about 40-month cycles (yellow, very bottom). Interestingly, these cycle line up almost exactly with Bitcoin's cycle peaks.\n* Currently, DXY is higher than expected due to poor strength from most countries' currencies relative to the U.S. dollar, and should it continue its downward trajectory to near the bottom of the red oval, it would have an estimated date of around Sept 2024. It seems to be +/- 2 months so could stretch closer to end of year.\n\nOther Indicators - Nearly every other indicator I look at shows that we're still early. Some unmarked examples for you to compare with previous cycles:\n\n* [Pi-Cycle Top](https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/)\n\n* [MVRV Z-Score](https://www.lookintobitcoin.com/charts/mvrv-zscore/)\n\n* [200 Week Moving Average Heatmap](https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/) \n\n* [Long Term Power Law](https://charts.bitbo.io/long-term-power-law/)\n\n* [Monthly RSI](https://charts.bitbo.io/monthly-rsi/) - graphical view\n\n* [2-Year MA Multiplier](https://www.lookintobitcoin.com/charts/bitcoin-investor-tool/) \n\n* [AHR999 Index](https://www.coinglass.com/pro/i/ahr999)\n\n* [Golden Ratio Multiplier](https://www.lookintobitcoin.com/charts/golden-ratio-multiplier/)\n\n* [Mayer Multiple](https://charts.bitbo.io/mayermultiple/)", '1c98rjb']]], ['u/Knorssman', 'How is the size of BTC segwit blocks passing 1MB an acceptable burden for nodes to process without harming decentralization?', 23, '2024-04-21 06:19', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/', "Nodes have to keep data processing and bandwidth requirements low according to small blockers so increasing the legacy blocksize past 1MB is unacceptable. \n\nSegwit nodes have to have processing power and bandwidth to handle blocks of up to 4MB in weight. That data is just as burdensome to process as a 4MB legacy block.\n\nNodes can't process 4MB legacy blocks, but they can process 4MB segwit blocks?\n\nI feel like I'm missing something because I can't be the only person who has thought of this if this is a relevant consideration. ", 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/', '1c992yy', [['u/PopeIndigent', 30, '2024-04-21 06:43', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0jz6xo/', 'It makes no sense until you consider the possibility that they were solving a different problem than you thought they were.\n\nIf the question BlockStream and the BlockStream sellouts were asking was "How can we cripple Bitcoin", then the definitely came up with the right answer.', '1c992yy'], ['u/bryandamage', 12, '2024-04-21 06:47', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0jznwx/', "I don't know. most people here don't care for segwit.\n\ngo ask /r/bitcoin or something. enjoy your ban.\n\ncome tell us if you find any answer(s) though. should be good for a quick lol.", '1c992yy'], ['u/phro', 15, '2024-04-21 06:54', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0k0bko/', "You're not missing anything. They claimed that weight was a real block size increase and that block size increases to 2MB would be dangerous. Those of us who spoke out were banned until enough newcomers bought into their bullshit.", '1c992yy'], ['u/Collaborationeur', 10, '2024-04-21 08:24', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0k8yko/', '> Why don’t people implement runes and ordinals on BCH instead and see how it works out\n\nDo try to keep up, CashTokens is a thing already and is working out as designed:\n\n”CashTokens are digital assets created on Bitcoin Cash. CashToken transactions are highly-efficient and validated in parallel, so transaction fees are\xa0less than $0.01, even during periods of high\xa0network\xa0usage.”\n\n \n[cashtokens.org](http://cashtokens.org)', '1c992yy'], ['u/pyalot', 15, '2024-04-21 09:17', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0kdld5/', 'Keep in mind that „legacy“ 1mb blocks, are still used for segwit transactions. Although the witness data is moved to the extension block, a legacy-style anyone can spend transaction (sans witness data), is still entered into the 1mb block section.\n\nThis effectively gives BTC more transaction capacity, however, in practice it amounts to around 1.4x more (because the 1mb section is still limited to 1mb).\n\nOn the downside, witness data is fee discounted (fee policy only counts 1/4 of witness data), which is what gave rise to runes (because those are all inscribed in the witness section).\n\nOverall, SegWit was a really stupid upgrade, achieving nearly nothing, but lead to a lot of technical debt, mental gymnastics and unintended consequences.', '1c992yy'], ['u/NilacTheGrim', 11, '2024-04-21 09:28', 'https://www.reddit.com/r/btc/comments/1c992yy/how_is_the_size_of_btc_segwit_blocks_passing_1mb/l0kefy9/', "The narrative has run cirlces around itself in terms of nonsense. It's like trying to understand other scams of the past. Logical inconsistencies abound and either you accept them as a cult member.. or you give up and realize it's a fraud.\n\nPeople left in the BTC camp are basically living in a cult. None of it makes sense anymore but.. that doesn't matter. Membership to the cult matters and loyalty to the cult leaders and internalizing their pronouncements matters.", '1c992yy']]], ['u/Wonderful_Bad6531', 'ETH has better halving pump then BTC!', 35, '2024-04-21 07:45', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/', 'Ethereum is up by 3.52% from yesterday and is currently trading at $3,176.04.\nIt has increased by 4.55% in comparison to last week.\n\n\nBitcoin has climbed by 1.50% in the past 24 hours, and is now trading at $65,153.81. It is 1.78% higher than last week.\n\n\n\nIs this the start of the halving pump,is Eth going to outperform BTC?\n\nWhat do you guys think?\n\nAre we going to the moon?', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/', '1c9ah6h', [['u/LegendRXL', 14, '2024-04-21 07:47', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k5kfg/', 'I think ETH ecoystem season is on the horizon\n\nNarrative will shift slowly from BTC to ETH', '1c9ah6h'], ['u/SigiNwanne', 12, '2024-04-21 08:01', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k6uhm/', 'I think Eth is going to give a better ROI than BTC.', '1c9ah6h'], ['u/Dark_Raiden_', 29, '2024-04-21 08:11', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0k7srh/', "These posts are devoid of reality. Btc is basically hovering around its 2021 peak, while ETH sits at nearly 40% below its own. The ETHBTC ratio has taken a dive and has not broken out of a multi-year downtrend.\n\nThis is overanalysing the performance of an individual day, you can name thousands of alts that went up more than btc did yesterday.\n\nSecondly, BTC _never_ follows ETH. It's the other way around. ETH has historically caught up and surged in its btc value around the time btc tops. In fact, the last top was accompanied by a massive pump on ETHBTC. And then ETH took a dive to follow btc. \n\nYou have to analyse realistically rather than adopting a narrative that appeals to you.", '1c9ah6h'], ['u/InclineDumbbellPress', 11, '2024-04-21 13:41', 'https://www.reddit.com/r/ethtrader/comments/1c9ah6h/eth_has_better_halving_pump_then_btc/l0kzuzk/', 'I think they dont like realism here this sub is hopium driven', '1c9ah6h']]], ['u/rBitcoinMod', 'Daily Discussion, April 21, 2024', 31, '2024-04-21 08:05', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/daily_discussion_april_20_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/', '1c9aspq', [['u/someoneSomewhere2973', 12, '2024-04-21 11:30', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0kohwj/', "Spam attack (Runes) but it is unsustainable and fees will come down.\n\nTwo good comments in yesterday's thread: \n[https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f5la3](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f5la3) \n[https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f1y8n](https://www.reddit.com/r/Bitcoin/comments/1c8itlx/comment/l0f1y8n)\n\nBitcoin University: \n[https://www.youtube.com/watch?v=wdGQ2T7J7XI](https://www.youtube.com/watch?v=wdGQ2T7J7XI)", '1c9aspq'], ['u/dynamys', 19, '2024-04-21 14:06', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0l2gg2/', 'Slow melt up to 100k by fall.', '1c9aspq'], ['u/escodelrio', 19, '2024-04-21 14:38', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0l61gn/', "Historical Bitcoin prices for today, April 21st:\n\n2024 - $65,243\n\n2023 - $27,265\n\n2022 - $40,482\n\n2021 - $53,820\n\n2020 - $6,843\n\n2019 - $5,244\n\n2018 - $8,923\n\n2017 - $1,250\n\n2016 - $449\n\n2015 - $234\n\n2014 - $495\n\n2013 - $119\n\n2012 - $5.3\n\n2011 - $1.20\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.28 trillion.\n\nBitcoin's current block height is 840207; with the average block time for the last 7 days being 9.88 minutes.\n\nThere are currently 18,914 reachable Bitcoin nodes.\n\nBitcoin's average daily trading volume for the last 7 days is 99,226 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 465,607.\n\nBitcoin's average daily hashrate for the last 7 days is 629 exahashes per second.\n\nBitcoin's average daily price from 18-Jul-2010 to 21-Apr-2024 is $11,128.\n\nBitcoin's average daily price for the year 2024 is $56,023.\n\n1 US Dollar ($) currently equals: 1,533 satoshis; making 1 penny equal 15.33 sats.\n\nThere are currently 19.69M ₿ in circulation, leaving 1.31M to be mined.\n\nThere are currently 2.52M ₿ held by companies, governments, DeFi, and ETFs, representing 12.79% of circulating supply.\n\nThere are currently 53,508,500 nonzero Bitcoin addresses.\n\nBitcoin's current block reward is 3.125₿, which is worth $203,883 per block.\n\nThe next Bitcoin halving is anticipated on 26-Mar-2028; the block reward will fall to 1.5625₿.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 11.52% from the ATH.", '1c9aspq'], ['u/eyedude2898', 11, '2024-04-21 20:02', 'https://www.reddit.com/r/Bitcoin/comments/1c9aspq/daily_discussion_april_21_2024/l0mkq7l/', "Bitcoin has already won. Few understand this, though. It's a binary situation: either it goes to zero or goes to infinity. And the zero case is only po... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'These seven large-cap stocks were the worst performers last week. Are they in your portfolio?\n1. Arm Holdings plc(NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongsideASML Holding N.V.(NASDAQ:ASML), which reported worse-than-expectedfirst-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from“Outperform” to “Neutral”with a $100 price target.\n2. MicroStrategy Inc’s(NASDAQ:MSTR) stock lost 20.07% last week. Most crypto stocks fell last week due to the volatility in Bitcoin (CRYPTO: BTC/USD) price.\n3. Coinbase Global Inc(NASDAQ:COIN) stock lost 15% last week due to weakness in Bitcoin’s (CRYPTO: BTC/USD) price. Economist and crypto skeptic Peter Schiffexpressed skepticismregarding the apex crypto blasting off in line with predictions by some bulls.\n4. Prologis, Inc.(NYSE:PLD) declined 13.73% as the company’s first quarter FY24 rental revenue of $1.83 billion missed the consensus and lowered the FY24 outlook for EPS and core FFO/share due to anticipated loweraverage occupancy and competitive leasing.\n5. Tesla Inc(NASDAQ:TSLA) fell 13.6% last week. The Elon Musk-led company had a tough week onmultiple counts. It faces falling EV demand, a Cybertruck recall, employee layoffs, and price cuts.\n6. Equifax Inc.(NYSE:EFX) stock decreased 13.54%. The company reported worse-than-expected first-quarter sales results and issued adjustedguidance below estimates on Wednesday.\n7. Bruker Corp(NASDAQ:BRKR) has had a tough week, losing 11.90% in value after announcing NanoString Technologies’s acquisitionfor $392.6 million in cash.\n8. Live Nation Entertainment, Inc.(NYSE:LYV) was down 11.76%. The company’s shares took a hit following a report indicating the Justice Department will file an antitrustlawsuit against the company.\n9. Arista Networks Inc.(NYSE:ANET) fell 10.69% last week. Recently, a Rosenblatt analystdouble-downgraded the stock to “Sell”with a $210 price target.\n10. J.B. Hunt Transport Services, Inc.(NASDAQ:JBHT) fell 10.47% as its first-quarter FY24 earnings missed consensus estimates due to lower segmentgross revenue and fewer loads. Several analysts loweredprice targets on the stockfollowing the earnings miss.\n11. Albemarle Corp(NYSE:ALB) stock shed 9% in value last week due to lithium price volatility.\nSee Also:Tracking Last Week’s Top Performers: Are These 7 Large-Cap Stocks In Your Portfolio?\nPhoto: Shutterstock\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLast Week\'s Worst-Performing Stocks: Are These 11 Large-Cap Stocks In Your Portfolio? (April 14-20, 2024)originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "Bitcoin (BTC)has successfully completed its fourth halving event, reducing mining rewards to 3.125 BTC per block from the previous 6.25 BTC. This event, which occurs approximately every four years, marks a significant milestone in the Bitcoin community, as it manages scarcity and regulates the inflationary supply of the cryptocurrency. The crypto community eagerly awaits the impact of the halving on Bitcoin's price, with some predictions reaching as high as $250,000.\nBTC currently stands at $65,926, with prices remaining relatively flat since the Halving event. The previous three halvings occurred in 2012, 2016, and 2020, resulting in significant reductions in mining rewards over time. The purpose of the halving is to slow down the creation of new Bitcoin and manage its scarcity. By reducing mining rewards, the rate at which new Bitcoin is generated is effectively slowed. This process will continue until around 2140 when all the Bitcoins are expected to be mined.\nMajor Bitcoin miners have prepared for the halving event, with Marathon Digital acquiring a 200-megawatt Bitcoin mining facility in Texas for $87.3 million. In addition, competitor Bitcoin mining firm Riot Platforms purchased 66,560 mining rigs in one of the largest expansions of hash rate in the company's history.\nMeanwhile, a surge in transaction fees on the Bitcoin network was attributed to the frenzy surrounding the Runes Protocol, a new method for creating tokens on the Bitcoin network. Users are spending a substantial amount in fees for the opportunity to inscribe rare satoshis on the halving block. A total of 37.7 BTC, valued at over $2.4 million, was spent on fees to secure limited space on the fourth-ever Bitcoin halving block.", "Bitcoin (BTC)has successfully completed its fourth halving event, reducing mining rewards to 3.125 BTC per block from the previous 6.25 BTC. This event, which occurs approximately every four years, marks a significant milestone in the Bitcoin community, as it manages scarcity and regulates the inflationary supply of the cryptocurrency. The crypto community eagerly awaits the impact of the halving on Bitcoin's price, with some predictions reaching as high as $250,000.\nBTC currently stands at $65,926, with prices remaining relatively flat since the Halving event. The previous three halvings occurred in 2012, 2016, and 2020, resulting in significant reductions in mining rewards over time. The purpose of the halving is to slow down the creation of new Bitcoin and manage its scarcity. By reducing mining rewards, the rate at which new Bitcoin is generated is effectively slowed. This process will continue until around 2140 when all the Bitcoins are expected to be mined.\nMajor Bitcoin miners have prepared for the halving event, with Marathon Digital acquiring a 200-megawatt Bitcoin mining facility in Texas for $87.3 million. In addition, competitor Bitcoin mining firm Riot Platforms purchased 66,560 mining rigs in one of the largest expansions of hash rate in the company's history.\nMeanwhile, a surge in transaction fees on the Bitcoin network was attributed to the frenzy surrounding the Runes Protocol, a new method for creating tokens on the Bitcoin network. Users are spending a substantial amount in fees for the opportunity to inscribe rare satoshis on the halving block. A total of 37.7 BTC, valued at over $2.4 million, was spent on fees to secure limited space on the fourth-ever Bitcoin halving block.", "Bitcoin (BTC)transaction fees have experienced a significant drop just one day after reaching an all-time average high of $128 on April 20, coinciding with the fourth Bitcoin halving. As of April 21, the average fees for medium-priority Bitcoin transactions havefallento $10. The previous day saw Bitcoin accumulate $78.3 million in total fees, surpassing Ethereum by over 24 times. The Bitcoin halving block at height 840,000, which featured a remarkable 37.7 Bitcoin ($2.4 million) paid to Bitcoin miner ViaBTC.\nThe high demand at block 840,000 was driven by memecoin and non-fungible token (NFT) enthusiasts vying to inscribe and etch rare satoshis using the newly launched Runes protocol, a token standard introduced at the halving block. The block contained a total of 3,050 transactions, resulting in an average user fee of just under $800.\nWhile the elevated block fees persisted until approximately block 840,200, they have since dropped to around 1-2 Bitcoin, as reported by mempool.space. This decline occurred concurrently with the average block fee falling below the reduced block subsidy of 3.125 Bitcoin following the halving event, which reduced the subsidy from 6.25 Bitcoin.\nInterestingly, Bitcoin transaction fees have surpassed those of Ethereum for six consecutive days between April 15 and 20, with the 7-day fee average now standing at $17.8 million. Despite the surge in transaction fees and the hype around the Runes halving event, Bitcoin's price has remained relatively stable, gaining 1.16% over the past 24 hours to trade at $65,926, according to CoinMarketCap’s data.", "Bitcoin (BTC)transaction fees have experienced a significant drop just one day after reaching an all-time average high of $128 on April 20, coinciding with the fourth Bitcoin halving. As of April 21, the average fees for medium-priority Bitcoin transactions havefallento $10. The previous day saw Bitcoin accumulate $78.3 million in total fees, surpassing Ethereum by over 24 times. The Bitcoin halving block at height 840,000, which featured a remarkable 37.7 Bitcoin ($2.4 million) paid to Bitcoin miner ViaBTC.\nThe high demand at block 840,000 was driven by memecoin and non-fungible token (NFT) enthusiasts vying to inscribe and etch rare satoshis using the newly launched Runes protocol, a token standard introduced at the halving block. The block contained a total of 3,050 transactions, resulting in an average user fee of just under $800.\nWhile the elevated block fees persisted until approximately block 840,200, they have since dropped to around 1-2 Bitcoin, as reported by mempool.space. This decline occurred concurrently with the average block fee falling below the reduced block subsidy of 3.125 Bitcoin following the halving event, which reduced the subsidy from 6.25 Bitcoin.\nInterestingly, Bitcoin transaction fees have surpassed those of Ethereum for six consecutive days between April 15 and 20, with the 7-day fee average now standing at $17.8 million. Despite the surge in transaction fees and the hype around the Runes halving event, Bitcoin's price has remained relatively stable, gaining 1.16% over the past 24 hours to trade at $65,926, according to CoinMarketCap’s data.", 'The emergence ofspot Bitcoin exchange-traded funds (ETFs)has opened up a new avenue for investors to enter the cryptocurrency market without the complexities of managing crypto wallets and navigating exchanges. With a selection of 11 ETFs now trading, investors can easily putBitcoin(CRYPTO: BTC)into their portfolios through their regular brokerages.\nDespite my longstanding belief that the best way to invest in Bitcoin is by straightforwardly purchasing the actual cryptocurrency, I recently found myself buying shares of one of these new Bitcoin ETFs. While holding Bitcoin directly allows for personal custody and round-the-clock trading, there are compelling reasons for some investors to consider one of these ETFs.\nI am not a full-time analyst and writer. While I spend an inordinate amount of time crunching numbers, reading white papers, and analyzing market trends to provide readers with insightful guidance, I have a full-time job that is not associated with The Motley Fool. Fortunately for me, my full-time employer sponsors a tax-advantaged retirement account, and offers a contribution-matching program.\nOver the years, I had been wanting to access my growing retirement nest egg and allocate some of it to Bitcoin, which I believe to be the premiere asset. However, to do so, I would have incurred penalties and fines for withdrawing my retirement contributions early. Not to mention, my employer only allows access to those funds once a person is no longer employed by them. So that was off the table.\nNow, you might be thinking, "Well, RJ, you could just reduce your contributions to that retirement account, take the difference, and use it to buy Bitcoin." While that\'s true, the strategy has one flaw -- reducing my contributions would cost me the matching contributions my employer offers, which are basically free money.\nAfter spot Bitcoin ETFs debuted in January, I began to think about this more and more. I figured there had to be a way I could tap into this opportunity and give my retirement account that long-sought-after Bitcoin exposure.\nTurns out I could, but it was a slightly complicated process. The company sponsoring the retirement accounts didn\'t provide access to any of the new Bitcoin ETFs. The only options were some mutual funds that are balanced based on your risk tolerance and projected retirement date. Yet another roadblock.\nAfter several phone calls and emails with my employer\'s retirement account sponsor, I finally got the answer I was looking for. In order to gain access to the spot Bitcoin ETFs, I had to open a Personal Choice Retirement Account or PCRA.\nThis account had to be set up with a separatebrokerage, and I would have to transfer funds from my retirement account into the PCRA. After doing so, however, I could buy whatever ETFs, stocks, or mutual funds I wanted. But as you know, I had my eye on a Bitcoin ETF.\nFinally, after all that work, I could invest in Bitcoin under the umbrella of my tax-advantaged employer-sponsored retirement account. But there are 11 spot Bitcoin ETFs all doing more or less the same thing. Which one should I choose?\nAfter some more research, I eventually settled on theiShares Bitcoin Trust(NASDAQ: IBIT). It is currently the most liquid of the 11, with more than $17 billion in assets under management. This is a key statistic for this type of fund, as higher liquidity allows the ETF to track Bitcoin\'s price more effectively. In addition, it is managed byBlackRock(NYSE: BLK), one of the most reputable names in the financial industry.\nAlthough I considered other candidates such as Bitwise\'sBitcoin ETF(NYSEMKT: BITB)or VanEck\'sBitcoin Trust(NYSEMKT: HODL)since they are contributing to funding Bitcoin developers, I felt that BlackRock\'s experience and reputation, as well as the volume of assets under management in the fund, made it the right choice.\nFor those in a similar situation to mine, who have been unable to buy a Bitcoin ETF through your retirement because they aren\'t among the options offered, pick up the phone to your company\'s account sponsor and ask to open a PCRA. It might take time sitting on hold or sending a few emails, but in the end, you will be able to gain exposure to the best-performing asset of the 21st century. And if your employer also offers matching contributions, then all the better -- you\'ll have some free Bitcoin coming your way.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere\'s Why I Finally Decided to Buy a Bitcoin ETFwas originally published by The Motley Fool', 'The emergence ofspot Bitcoin exchange-traded funds (ETFs)has opened up a new avenue for investors to enter the cryptocurrency market without the complexities of managing crypto wallets and navigating exchanges. With a selection of 11 ETFs now trading, investors can easily putBitcoin(CRYPTO: BTC)into their portfolios through their regular brokerages.\nDespite my longstanding belief that the best way to invest in Bitcoin is by straightforwardly purchasing the actual cryptocurrency, I recently found myself buying shares of one of these new Bitcoin ETFs. While holding Bitcoin directly allows for personal custody and round-the-clock trading, there are compelling reasons for some investors to consider one of these ETFs.\nI am not a full-time analyst and writer. While I spend an inordinate amount of time crunching numbers, reading white papers, and analyzing market trends to provide readers with insightful guidance, I have a full-time job that is not associated with The Motley Fool. Fortunately for me, my full-time employer sponsors a tax-advantaged retirement account, and offers a contribution-matching program.\nOver the years, I had been wanting to access my growing retirement nest egg and allocate some of it to Bitcoin, which I believe to be the premiere asset. However, to do so, I would have incurred penalties and fines for withdrawing my retirement contributions early. Not to mention, my employer only allows access to those funds once a person is no longer employed by them. So that was off the table.\nNow, you might be thinking, "Well, RJ, you could just reduce your contributions to that retirement account, take the difference, and use it to buy Bitcoin." While that\'s true, the strategy has one flaw -- reducing my contributions would cost me the matching contributions my employer offers, which are basically free money.\nAfter spot Bitcoin ETFs debuted in January, I began to think about this more and more. I figured there had to be a way I could tap into this opportunity and give my retirement account that long-sought-after Bitcoin exposure.\nTurns out I could, but it was a slightly complicated process. The company sponsoring the retirement accounts didn\'t provide access to any of the new Bitcoin ETFs. The only options were some mutual funds that are balanced based on your risk tolerance and projected retirement date. Yet another roadblock.\nAfter several phone calls and emails with my employer\'s retirement account sponsor, I finally got the answer I was looking for. In order to gain access to the spot Bitcoin ETFs, I had to open a Personal Choice Retirement Account or PCRA.\nThis account had to be set up with a separatebrokerage, and I would have to transfer funds from my retirement account into the PCRA. After doing so, however, I could buy whatever ETFs, stocks, or mutual funds I wanted. But as you know, I had my eye on a Bitcoin ETF.\nFinally, after all that work, I could invest in Bitcoin under the umbrella of my tax-advantaged employer-sponsored retirement account. But there are 11 spot Bitcoin ETFs all doing more or less the same thing. Which one should I choose?\nAfter some more research, I eventually settled on theiShares Bitcoin Trust(NASDAQ: IBIT). It is currently the most liquid of the 11, with more than $17 billion in assets under management. This is a key statistic for this type of fund, as higher liquidity allows the ETF to track Bitcoin\'s price more effectively. In addition, it is managed byBlackRock(NYSE: BLK), one of the most reputable names in the financial industry.\nAlthough I considered other candidates such as Bitwise\'sBitcoin ETF(NYSEMKT: BITB)or VanEck\'sBitcoin Trust(NYSEMKT: HODL)since they are contributing to funding Bitcoin developers, I felt that BlackRock\'s experience and reputation, as well as the volume of assets under management in the fund, made it the right choice.\nFor those in a similar situation to mine, who have been unable to buy a Bitcoin ETF through your retirement because they aren\'t among the options offered, pick up the phone to your company\'s account sponsor and ask to open a PCRA. It might take time sitting on hold or sending a few emails, but in the end, you will be able to gain exposure to the best-performing asset of the 21st century. And if your employer also offers matching contributions, then all the better -- you\'ll have some free Bitcoin coming your way.\nBefore you buy stock in iShares Bitcoin Trust, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and iShares Bitcoin Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere\'s Why I Finally Decided to Buy a Bitcoin ETFwas originally published by The Motley Fool', '• Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said.\n• The average bitcoin production cost post-halving is about $53,000.\n• Some miners are actively managing financial liabilities and are using excess cash to pay down debt, the report said.\nCrypto miners may shift towards artificial intelligence (AI) in energy-secure locations following the bitcoin {{BTC}} halving due to the potential for higher revenue, CoinShares (CS) said in a report on Friday.\nThequadrennial halving, which slows the rate of growth in bitcoin supply by 50%, occurred on Friday evening.\nCoinshares notes that mining companies like BitDigital (BTBT), Hive (HIVE) and Hut 8 (HUT) are already generating income from AI. At the same time, TeraWulf (WULF) and Core Scientific (CORZ) have existing AI operations or plans to grow in the space.\n“This trend suggests that bitcoin mining may increasingly move to stranded energy sites while investment in AI grows at more stable locations, authors led by James Butterfill wrote.\nThe miners will be faced with substantial cost increases as a result of the halving, with electricity and overall production costs almost doubling, the report said. Mining companies can try to mitigate these higher costs by optimizing energy costs, increasing mining efficiency and buying better-priced hardware.\n“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.\nThe hashrate could rise to 700 exahash by 2025, according to the asset manager’s forecasts, but may drop by 10% after the halving as miners turn off unprofitable machines. Hash prices are expected to fall after the event to $53/ph/day.\nHashraterefers to the total combined computational power that is used to mine and process transactions on aproof-of-workblockchain.\nCoinShares notes that the miners are actively managing financial liabilities, and some are using excess cash to pay down debt.\nRead more:Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark', '• Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said.\n• The average bitcoin production cost post-halving is about $53,000.\n• Some miners are actively managing financial liabilities and are using excess cash to pay down debt, the report said.\nCrypto miners may shift towards artificial intelligence (AI) in energy-secure locations following the bitcoin {{BTC}} halving due to the potential for higher revenue, CoinShares (CS) said in a report on Friday.\nThequadrennial halving, which slows the rate of growth in bitcoin supply by 50%, occurred on Friday evening.\nCoinshares notes that mining companies like BitDigital (BTBT), Hive (HIVE) and Hut 8 (HUT) are already generating income from AI. At the same time, TeraWulf (WULF) and Core Scientific (CORZ) have existing AI operations or plans to grow in the space.\n“This trend suggests that bitcoin mining may increasingly move to stranded energy sites while investment in AI grows at more stable locations, authors led by James Butterfill wrote.\nThe miners will be faced with substantial cost increases as a result of the halving, with electricity and overall production costs almost doubling, the report said. Mining companies can try to mitigate these higher costs by optimizing energy costs, increasing mining efficiency and buying better-priced hardware.\n“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. The average electricity cost of production in the fourth quarter was about $16,300 per bitcoin, which is expected to increase to around $34,900 post the halving.\nThe hashrate could rise to 700 exahash by 2025, according to the asset manager’s forecasts, but may drop by 10% after the halving as miners turn off unprofitable machines. Hash prices are expected to fall after the event to $53/ph/day.\nHashraterefers to the total combined computational power that is used to mine and process transactions on aproof-of-workblockchain.\nCoinShares notes that the miners are actively managing financial liabilities, and some are using excess cash to pay down debt.\nRead more:Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark', 'There are thousands of cryptocurrencies on the market, making the investing decision process extremely difficult. Yet there is a simple and straightforward solution to ensure your portfolio grows -- buyBitcoin(CRYPTO: BTC).\nInvesting in Bitcoin can be seen as boring or as limiting possible gains. Investors often invest in obscure or less proven cryptocurrencies in hopes that they have found the next Bitcoin. However, to believe that Bitcoin doesn\'t still have immense long-term potential is a gross mistake.\nThe approval of spot Bitcoin exchange-traded funds (ETFs) in January not only marked another milestone for the cryptocurrency but also opened the doors for a new set of buyers. Previously confined to traditional assets like stocks, bonds, and mutual funds, the $100 trillion wealth management industry now has direct access to Bitcoin. With managers at pension funds, retirement accounts, and endowments seeking Bitcoin exposure, analysts anticipate that this development will prompt an influx of capital from wealth managers into the Bitcoin market.\nVarious simulations and studies have been conducted to determine just how much capital that could be, with many suggesting about a 2% allocation as a safe bet. Although this percentage may seem modest, if 2% of the $100 trillion wealth management industry were to make its way to Bitcoin, it could nearly double the cryptocurrency\'s price.\nFurthermore, a 2% allocation may be conservative and some analysts expect 5% to be considered reasonable. At 5%, Bitcoin\'s price would reach more than $300,000.\nSome have more aggressive predictions, such as Ark Invest Chief Executive Officer Cathie Wood. Conducting its own study, her firm concluded that a 19% Bitcoin allocation from the wealth management industry shouldn\'t be ruled out. At a 19% allocation, Bitcoin\'s price could soar well past $2 million.\nAs impressive as the numbers are when it comes to estimating the adoption of Bitcoin by wealth managers, these are just estimates and obviously may turn out to be wrong. However, the beauty of Bitcoin is that in some regards, it behaves more like a natural system than a financial asset, and that can provide novel insights about what its future might hold.\nGiovani Santostasi, a physicist turned Bitcoin analyst, noticed this phenomenon when applying the mathematical concept known as a power law to the cryptocurrency. Assuming that Bitcoin possesses similar characteristics to natural and social systems, this theory describes how one value grows exponentially in relation to another. Bitcoin\'s behavior, driven by network dynamics rather than typical asset patterns, aligns with this principle.\nThis theory outlines how Bitcoin\'s adoption, price, and network security interact in a continuous loop akin to the feedback loops found in ecosystems or social media platforms. Rising adoption leads to increased security, attracting more users and fostering further adoption -- a cycle that repeats indefinitely.\nWith Bitcoin following a semipredictable growth rate, Sanostasi developed a model to project its future price. Since he introduced it, in 2018, it has been remarkably reliable. Most importantly, though, his model suggests Bitcoin\'s price will be no lower than $1.6 million and as much as $10 million by 2040.\nThe old adage, "No model is perfect, but some are useful," might be applicable here. None of this should be taken as gospel, but they do suggest that Bitcoin still has plenty of potential. With its proven track record of reliability, market dominance, and influence on other digital assets, Bitcoin remains the ultimate cryptocurrency to invest in today. See you in 2040.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 18, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe UItimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool', "Coinbase’s stock has proven just as volatile asthe cryptocurrencies it stores for investors.\nIn fact, crypto investors often use the acronymHODL— hold on for dear life — when talking about riding out the steep plunges that punctuate the crypto market roller coaster.\nWhen Coinbase held its initial public offering (IPO) on April 14, 2021, the market cheered it with much fanfare. The mood was euphoric. Many investors saw it as crypto’s coming-of-age moment, with a major exchange going public.\nSo how would a $1,000 investment in COIN have performed in the three years since?\nAlso see how much a$1,000 investment today in Bitcoin would be worth in six years.\nCheck Out:I’m a Self-Made Millionaire: 5 Stocks You Shouldn’t SellSee Next:5 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nCoinbase set a reference price of$250entering the IPO, but the stock opened far higher at $381. That first day, it peaked at $429.54 before plummeting back down to close at $328.28.\nAs of this writing, COIN trades at$218.08. That marks a 42.76% drop from its opening price and a 33.57% drop from its closing price.\nIf you’d bought $1,000 of COIN stock at the opening bell, that would leave you 2.62 shares. Today those shares are worth $572.39.\nCoinbase does not pay a dividend.\nTry This:10 Valuable Stocks That Could Be the Next Apple or Amazon\nHow has the stock market as a whole performed since April 2021?\nAn index fund tracking the S&P 500, SPY, closed April 14, 2021 at $411.45. At the time of this publication, it’s trading at$499.52. It gained 21.40% over roughly three years, around a 7.1% average annual growth rate.\nAdding insult to injury for Coinbase investors, the S&P 500 pays a dividend. The dividend yield for SPY has hovered between 1.24% to 1.64%. That puts the total average annual return for SPY around 8.5% in the three years since Coinbase’s IPO.\nCryptocurrencies saw such a miserable 2021 and 2022 that investors referred to it as “crypto winter.” Note the implied optimism among HODL-ers: winters always end sooner or later.\nOn the day of Coinbase’s IPO, Bitcoin hit a daily high of nearly$69,000. By November 2022, it had collapsed to$15,788.\nBut in the 18 months since then, Bitcoin and other cryptocurrencies have not just thawed but thrived. As of the date of this publication, Bitcoin is trading at around $65,235. Other major coins like Ether have seen similar surges.\nWith the SEC allowing cryptocurrencies to “go mainstream” with ETFs, many investors believe the worst of the regulatory risk has passed. As for where cryptocurrencies — and exchanges like Coinbase — will go from here though is anyone’s guess.\nMore From GOBankingRates\n• The Single Best Thing To Buy at Costco in April 2024\n• 10 Cars That Outlast the Average Vehicle\n• This is One of the Best Ways to Boost Your Retirement Savings in 2024\n• 7 Things You'll Be Happy You Downgraded in Retirement\nThis article originally appeared onGOBankingRates.com:Here’s How Much a $1K Investment in Coinbase Stock in 2021 Would Be Worth Today", 'Editor’s Note:A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free,here.\nThe quadrennial “halving” has happened.\nThe long-awaited halving took place on Friday. While that may sound like some kind of pagan ritual or horror movie title, it’s actually a pretty mechanical operation that’s hardcoded in the design of bitcoin.\nPut simply, the halving is an automatic 50% reduction in the number of bitcoin entering circulation. That should, in theory, push the value of the cryptocurrency higher while keeping its inflation in check.\nThe halving is the World Cup for crypto believers. It happens every four years, and emotions run high.\n“Guessing the endgame for Bitcoin after each halving is the ultimate sport,” said Antoni Trenchev, co-founder of crypto lender Nexo, in a statement. “If the previous halvings are anything to go by, it should take no longer than eight months for Bitcoin’s price to double in value.”\nThat is a decidedly bullish view, but not an uncommon one among the bitcoin faithful.\nThe price of the cryptocurrency rose to roughly $66,192 on Monday morning, though still far below its all-time highs.\nBitcoin, the world’s first and biggest digital currency,hit a record highof $73,750 in March, fueled partly by investors geeking out over the halving, and partly by the United States’ regulatory approval of several bitcoin-based exchange-traded funds, or ETFs.\nThose financial instruments have given mainstream investors an on-ramp to gain exposure to bitcoin’s movements without some of the risks of actually owning the digital currency, and resulted in billions of dollars rushing into bitcoin, which is up 40% this year.\n“Every halving has historically resulted in some sort of bullish price action,” said Gareth Rhodes, managing director at research and advisory firm Pacific Street, in an interviewearlier this year. “Which makes sense, because you expect with more supply constraints that prices increase.”\nIn 2020, bitcoin miners’ “reward” went from 12.5 bitcoin to 6.25. Now, it will go from 6.25 down to 3.125. Miners are essentially auditors on the bitcoin blockchain, using powerful supercomputers to validate transactions and getting paid for their work in bitcoin.\nOf course, there are plenty of crypto skeptics warning that digital assets have yet to prove their use case in the real world and are, at best, highly risky investments.\n“It’s not clear to what degree the past price movements werecausedby the halving, versus simplycorrelatedwith it,” noted Molly White, a software engineer and prominent crypto critic, in her newsletterCitation Needed. “Notably, the previous halving in May 2020 coincided with massive macroeconomic changes in the early months of the Covid-19 pandemic, which brought money flowing into riskier asset classes across the board, and also brought a wave of bored pandemic-driven day traders into crypto.”\nEchoing that word of caution, Villanova University finance professor John Sedunov wrote that there’s no guarantee bitcoin’s past performance would repeat itself, “especially in light of the macro environment and potentially rising costs of mining.”\nBy design, there will never be more than 21 million bitcoin. That creates a scarcity that proponents say creates value. Skeptics tend to argue that such manufactured scarcity doesn’t create any real underlying value. (Perhaps the most prominent in that camp is Jamie Dimon, the head of JPMorgan Chase, who haslong derided bitcoinas a worthless investment.)\nWhile long-term sentiments on bitcoin are bullish among the crypto faithful, the psychology around an event like the halving is hard to predict and can create volatility that’s extreme even by crypto standards.\nGreg Beard, CEO of Stronghold Digital Mining, said in a statement ahead of the halving that while there’s been some exaggerated enthusiasm around the event, the latest bitcoin rallies are “much more than a fad.”\n“Bitcoin is maturing with institutional adoption,” Beard said. “It wouldn’t be surprising to see the price of bitcoin increase significantly over the next two years.”\nFor more CNN news and newsletters create an account atCNN.com', 'Bitcoin blockchain’s Runes token launch led to a record US$107 million in miner revenue on the day of the fourth Bitcoin halving.\nThe Runes protocol, enabling the creation of fungible tokens, significantly boosted miners’ earnings despite a 50% reduction in block rewards.\nOn April 20, coinciding with Bitcoin’s fourth halving, the Runes token standard was introduced, causing transaction fees to skyrocket to an unprecedented average of US$128, with daily fees totaling $80 million, data from IntoTheBlock shows.\nHowever, the heightened transaction fees were not sustained.\nBy the following day, fees fell to around US$34. This average fee value is still higher than the US$18 recorded on the day before the halving.\nThe Runes protocol’s launch, which coincided with the halving block, drew significant interest from the cryptocurrency community, particularly among memecoin and nonfungible token (NFT) enthusiasts.\nThis demand for block space led to some of the most lucrative blocks in Bitcoin’s history, with the first halving block alone amassing US$2.6 million in fees and rewards, asnotedby community members on social media.\nDespite the surge in miner revenue and fees, the number of new Bitcoin addresses did not increase, indicating that the activity was primarily driven by existing cryptocurrency users rather than new investors, Lucas Outumuro, head of research at IntoTheBlocksaidon X.', 'Bitcoin blockchain’s Runes token launch led to a record US$107 million in miner revenue on the day of the fourth Bitcoin halving.\nThe Runes protocol, enabling the creation of fungible tokens, significantly boosted miners’ earnings despite a 50% reduction in block rewards.\nOn April 20, coinciding with Bitcoin’s fourth halving, the Runes token standard was introduced, causing transaction fees to skyrocket to an unprecedented average of US$128, with daily fees totaling $80 million, data from IntoTheBlock shows.\nHowever, the heightened transaction fees were not sustained.\nBy the following day, fees fell to around US$34. This average fee value is still higher than the US$18 recorded on the day before the halving.\nThe Runes protocol’s launch, which coincided with the halving block, drew significant interest from the cryptocurrency community, particularly among memecoin and nonfungible token (NFT) enthusiasts.\nThis demand for block space led to some of the most lucrative blocks in Bitcoin’s history, with the first halving block alone amassing US$2.6 million in fees and rewards, asnotedby community members on social media.\nDespite the surge in miner revenue and fees, the number of new Bitcoin addresses did not increase, indicating that the activity was primarily driven by existing cryptocurrency users rather than new investors, Lucas Outumuro, head of research at IntoTheBlocksaidon X.', '• Bitcoin is still on track to more than double its price by the end of the year, Standard Chartered predicted.\n• The firm\'s head of digital assets research pointed to a bullish backdrop for the crypto token.\n• The crypto could notch $150,000 by the end of 2024, he told BNN Bloomberg.\nBitcoin\'s price could still more than double this year, thanks to a bullish setup for the crypto coin that could reignite its rally, according to Geoff Kendrick, the head of digital assets research at Standard Chartered.\nSpeaking toBNN Bloomberglast week, Kendrick reiterated his firm\'s price target of $150, Last 60 Days of Bitcoin's Closing Prices:* [51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-22 Financial & Commodity Data: - Gold Closing Price: $2332.20 - Crude Oil Closing Price: $82.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,304,746,732,669 - Hash Rate: 652748580.6769805 - Transaction Count: 671771.0 - Unique Addresses: 534717.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock(NYSE: BLK)Q1 2024 Earnings CallApr 12, 2024,7:30 a.m. ET • Prepared Remarks • Questions and Answers • Call Participants Operator Good morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. first-quarter 2024 earnings teleconference. Our host for today's call will be the chairman and chief executive officer, Laurence D. Fink; chief financial officer, Martin S. Small; president, Robert S. Kapito; and general counsel, Christopher J. Meade. [Operator instructions] Thank you. Mr. Meade, you may begin your conference. Chris Meade--General Counsel Thank you. Good morning, everyone. I'm Chris Meade, the general counsel of BlackRock. Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements. As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today. BlackRock assumes no duty and does not undertake to update any forward-looking statements. So with that, I'll turn it over to Martin. Before you buy stock in BlackRock, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $555,209!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 8, 2024 Martin Small--Chief Financial Officer Thanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024. Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results. BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions, and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology, spanning client channels and geographies. Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios, and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders. First-quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year over year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter. As equity markets powered to record highs in the first quarter, investors who are waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions. In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. First quarter revenue of $4.7 billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue. Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income. Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Investec. Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation. First-quarter base fees and securities lending revenue of $3.8 billion was up 8% year over year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 3/10 of a basis points lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower fee U.S. equity markets, client preferences for lower fee U.S. exposures, and lower securities lending revenue. Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives. Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings. Annual contract value or ACV increased 9% year over year. Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense, and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth was previously reported within general and administration expense. We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale. Total expense increased 8% year over year, reflecting higher compensation, G&A and sales asset and account expense. Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees. G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A. Sales asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense. Direct fund expense was up 7% year over year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter. Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. In line with our guidance in January, and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our headcount to be broadly flat in 2024, and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense. Our capital management strategy remains consistent. We invest first, either the scale strategic growth initiatives or drive operational efficiency and then return excess cash to our shareholders through a combination of dividends and share repurchases. At times, we may make inorganic investments where we see an opportunity to accelerate organic growth and support our strategic initiatives. Last month, we announced our agreement to acquire the remaining equity interest in Spyder Rock Advisors, a leading provider of customized option overlay strategies in the U.S. wealth market. This transaction expands on BlackRock's minority investment in Spyder Rock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF mod portfolios. At present, we expect the transaction to close in the second quarter of this year, subject to customary closing conditions. In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP. Our offering consisted of three tranches of senior unsecured notes across five, 10, and 30 year maturities. The offering was well received by fixed-income investors, especially our inaugural 30-year bond. We currently have invested the proceeds of the offering at substantially the same rate as the cost of borrowing, effectively eliminating incremental cost of carrying additional debt prior to the close of the GIP transaction. We continue to target the third quarter of 2024 for the closing of the GIP transaction, which remains subject to regulatory approvals and other customary closing conditions. We repurchased $375 million worth of common shares in the first quarter. At present, based on our capital spending plans for the year and subject to market conditions, we still anticipate repurchasing at least $375 million of shares per quarter for the balance of the year, consistent with our January guidance. More positive sentiment from clients and in markets persisted into the first quarter. Clients increasingly turn to BlackRock to reposition and redeploy across their portfolios. First quarter long-term net inflows of $76 billion were positive across active and index strategies as well as each of our client and product types. ETF net inflows of $67 billion were led by core equity and fixed-income ETFs with net inflows of $37 billion and $18 billion, respectively. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in Precision ETFs. As you'll hear from Larry, our Bitcoin ETF saw surging demand after launching in January, gathering $14 billion of net inflows in the quarter. This is just the latest example of BlackRock innovating to provide better access and transparency to a wider range of investment exposures. Retail net inflows of $7 billion were led by continued growth in Aperio as well as renewed demand for active fixed income. Financial advisors are increasingly looking to customize whole portfolios at scale, driving growth across our SMA and managed model platforms. Our partnership with Envestnet is one channel powering flows to model portfolios. We saw our best gross sales month ever on the platform and year-to-date organic asset and revenue growth has more than doubled compared to this time last year. Sales on the platform aren't just accelerating. They're diversifying. We similarly saw record gross flows in custom models and record AUM in our global allocation models, both of which have larger active components. Within SMAs, our previously mentioned acquisition of Spyder Rock Advisors will further enhance our product offerings and provide even greater personalization across our wealth segments. Institutional active net inflows of $15 billion were driven by our LifePath target date franchise and outsourcing mandates. We see significant momentum across our whole portfolio capabilities. Our pipeline remains strong as more and more clients turn to BlackRock for outsourcing solutions. Institutional index net outflows of $13 billion were concentrated in low fee index equities as several large clients rebalance their portfolios amid significant equity market appreciation in the last 6 months. Our private markets franchise saw $1 billion of net inflows. Continued demand for our liquid offerings was offset by alpha generation for our clients, reflected in over $3 billion of fund monetization and LP distributions or change in fee basis, primarily for more seasoned private equity solutions programs. Finally, BlackRock's cash management platform saw $19 billion of net outflows in the first quarter, in line with institutional money market industry trends. Our cash business can experience seasonal rotations in the first quarter as many institutional clients withdraw these liquid assets for operational purposes, including tax and bonus payments. Cash management flows were impacted by approximately $14 billion of net redemptions during the last week of March ahead of the Good Friday holiday. Outflows were driven by clients redeeming balances to have cash on hand during a time when many businesses are open, but the financial markets are closed. This phenomenon is not uncommon or unique to BlackRock. Balance has largely returned with approximately $20 billion of money market net inflows in the first week of April. BlackRock's differentiated business model has enabled us to continue to grow with our clients, driving industry-leading organic growth and margins. Looking ahead, as markets trend to be more supportive and clients rerisk, we see significant opportunity to expand our market share and consolidate our position to clients. We've set ourselves up to be a structural grower with the diversified platform that we've built. Enthusiasm is growing, momentum's building across the platform. All of us at BlackRock are excited about our future and the growing opportunities for BlackRock, for our clients, for our employees, and, of course, for our shareholders. With that, I'll turn it over to Larry. Larry Fink--Chairman and Chief Executive Officer Thank you, Martin. Good morning, everyone and thank you for joining the call. BlackRock is partnering with clients to navigate structural and secular changes in business models, technology, monetary and fiscal policies, always staying focused on each and every client goal. Through this connectivity, we are having richer conversations with clients than ever before about their whole portfolio and, in many cases, deepening our relationships with them. This is driving accelerating momentum with a strong pipeline that has some of the best breadth of opportunities across all our client channels and regions that we've ever seen. BlackRock's integrated investment technology advisory platform and durable performance are resonating. In my conversations with clients around the world, I'm hearing about how they want to put their money to work. But they want to do it differently than they did in the past. They want their portfolios to be more holistically blending public and private markets active in an index. They want their portfolios to be nimble, customized, text-enabled. They want to work with fewer providers or maybe just with one provider. BlackRock is the only asset manager that can partner in this way, having the most diverse, integrated investment and technology platform in the industry. Clients around the world are choosing to do more with BlackRock, and this is resonating in our results. But I'm actually more excited about the building momentum we're seeing across our entire platform. BlackRock's AUM ended the first quarter at a new record of nearly $10.5 trillion, up $1.4 trillion or 15% over the last 12 months. Also, at that time, BlackRock has entrusted BlackRock of more than $236 billion of net new assets. BlackRock generated positive net flows across active and index and across all client types. And we grew our technology service revenues and ACV as clients leverage Aladdin to support investments, processes, and in their entire platform. We've had a number of real large marquee wins in Aladdin and are working on a number of significant new opportunities. Momentum remains strong as we grow with new and existing clients. We continue to deliver sustained asset and technology services growth at scale. BlackRock's operating income was up 17% year over year, and we increased our margin by 180 basis points. Earnings per share were up 24%. Activity is notably accelerating. As Martin said, we generated $76 billion of long-term net flows in the first quarter, which represents nearly 40% of last year's long-term flows in just the first three months of this year. And long-term net inflows across retail and ETFs and institutional active was actually $100 billion, which excludes the episodic institutional equity activity Martin mentioned. Some of these are public, some aren't, but over the last few months, we've been chosen for a breadth of mandate, both wealth and institutional clients across regions that will fund over future quarters and we're in active conversations on a number of unique broad-based opportunities, including several large mandates for Aladdin. There is still a record amount of cash on the sidelines and money market fund balances are now approaching $9 trillion. I think this stems from fear and uncertainty, but it's hard to achieve retirement or long-dated objectives by holding cash. Clients worldwide are coming to BlackRock for advice on where and how to deploy their capital, and in many ways, how to help them reduce that fear and putting that money to work. Being a growth company requires continued innovation, lots of investments, and intense client focus. BlackRock has invested ahead of these themes, we believe will define the next decade of asset management. I see the greatest opportunities I've ever seen for BlackRock for our clients and for our shareholders, and I'm very optimistic about the momentum into the rest of 2024 and beyond. The uncertain backdrop does not mean a lack of opportunities. Instead, we see great opportunities for investors across a number of structural trends with near-term catalysts. These include rapid advancements in technology and AI, the rewiring of globalization, accelerated economic growth in certain emerging markets, and an unprecedented need for new infrastructure. BlackRock is connecting with clients to these opportunities and providing them the confidence to continually investing in the long run. In a world where clients are looking for more certainty, the higher coupon, longer duration returns of infrastructure private markets are increasingly becoming more attractive. Demand for all -- for the infrastructure is surging around the world from telecom networks to power generation to transport hubs for data centers and new ways of securing energy. Over the last 12 months, BlackRock's infrastructure platform has delivered 19% organic asset growth. BlackRock's infrastructure franchise and our private markets business more broadly benefited from the firm's global footprint, our deep network of clients and distribution relationships, and access to high-quality deal flow. As we spoke in January, we believe the planned combination of BlackRock's infrastructure platform with GIP will provide clients with access to market-leading investments and operating expertise across infrastructure private markets. We have a deep conviction that this planned combination will be another transformational moment for BlackRock. It will be another example in our long-term history of staying ahead of client needs, positioning ourselves against accelerated macro trends. I believe this structured private markets are approaching the upward trajectory of their J curve just as ETF did when we announced our acquisition of BGI and iShares nearly 15 years ago. We always viewed ETF as a technology that facilitated investing. Since our acquisition of iShares, BlackRock has led in expanding the market of ETFs by making them more accessible by delivering new asset classes like bonds, investment strategies like actives. As a result of that success, the ETFs evolved beyond what started as an indexing concept. It is recognized as an efficient structure for a range of all investment solutions. First-quarter ETF net inflows of $67 billion reflected sustained demand across our client categories, led by core equity and body ETFs -- flows demonstrated accelerating activity with March accounting for more than half of the quarterly net inflows. And our flows in the month were 80% higher than the next largest issuer. We continue to innovate across our ETF platform to give our clients better access to the most diverse range of exposures in the industry. Our Bitcoin fund, which was launched in January, was the fastest-growing ETF in history, and already has nearly $20 billion in AUM. Our active ETF drove $9 billion of net inflows in the first quarter led by our equity factor rotation and flexible income ETFs. These products offer alpha generation with some of our leading investors at BlackRock in a more efficient, more transparent ETF wrapper. Across BlackRock, we continue to scale our product offerings to democratize access to new strategies, increase transparency, and drive cost efficiency. To that end, last month, we announced the launch of our first tokenize fund as well as our minority investment in Securitized, a blockchain-based tokenization platform. This builds on our existing digital asset strategy. And we'll continue to innovate in new products and wrappers all with the aim of providing greater access and customization to each and every of our clients. We continue to see demand for customization with our own wealth business as financial advisors, and their clients they serve increasingly turn to SMAs to personalize their portfolios. We acquired Aperio three years ago in anticipation of this trend, and organic growth in that business has been over 20% since our acquisition. To further booster our SMA capabilities, we announced our planned acquisition of the remaining equity interest of Spyder Rock, as Martin discussed. Among wealth clients, we are also seeking the renewed demand for our high-performing active fixed-income strategies with particularly strength in high-yield and unconstrained bond funds. In the post-QE market, we see more opportunity ahead for active management with greater potential for selective risk taking to generate superior returns. Quarterly active net inflows of $15 billion reflects strength in systematic equity and fundamental fixed income, including the funding of several institutional outsourcing mandates. Across our active franchise, BlackRock has delivered durable investment performance with 82%, 90%, and 93% of our fundamental equity, systematic equity, and taxable fixed income AUM above benchmarks or peer medium for the last five years. Our active investment insights, our strong investment performance, our integrated Aladdin technology differentiates BlackRock and ultimately drives better outcomes for our clients. We first built Aladdin as a risk management enabler, empowering investors to better understand their portfolios through technology. Today, Aladdin is much more than that. Our clients are leveraging Aladdin as a whole enterprise operating system, connecting multiple asset classes, data, technology partners, and a single platform. Aladdin's integrated offering continues to resonate with the majority of our sales this quarter, spanning multiple Aladdin products. We are in the late-stage conversation with several large potential Aladdin clients, and we look forward to executing on more opportunities ahead to be bringing the benefits of Aladdin to new clients and by expanding relationships with our existing clients. From the early days of developing Aladdin to now managing nearly $10.5 trillion across our platform, our ambition has always been to help investors benefit from the growth of the capital markets and achieve financial futures that they seek. More than half of the assets we manage are related to retirement, making this an outcome central to many of our client conversations. BlackRock has been at the forefront of innovation and advocacy for retirement solutions for years. In fact, we pioneered the first target date fund called LifePath back in 1993, when we introduced the concept. It was a revolutionary, eliminating some of the guesswork retirement savings by automatically adjusting their investment mix over their time frame. Fast forward 30 years, target date funds have become the most common default investment option in defined contribution plans in the United States, where we're entrusted to manage the retirement assets of 35 million Americans. We continue to evolve LifePath to help deliver the retirement outcome participants need. That has meant introducing LifePath options in new countries and in new wrappers such as LifePath Target Date ETFs we launched last year. Our LifePath Target Date franchise now has nearly $470 billion in assets and has risen over $115 billion in assets just over the last five years. In addition to helping people save for retirement, we also work to expand the LifePath solution to help people spend throughout their increasingly longer retirement. Society focuses a tremendous amount on helping people live longer and healthier lives, but spend just a fraction of that time and effort on helping them afford those extra wonderful years. The shift from pension to defined contribution models have put the large as the large burden on individual savers. They have to first build up the retirement stage, which in and itself is a formidable challenge. Then even as they have this sizable savings at retirement, there's not much guidance about how to spend and or not -- and how not to overspend these savings. We've been working for years to address this de-accumulation challenge, and we believe this will help increase hope in America. In 2020, we announced the LifePath Paycheck, the next generation of targeted solutions. It will include an option to purchase a lifetime income stream from insurers selected by BlackRock and is expected to go live toward the end of the month. We are partnering on implementing LifePath Paycheck right now with 14 planned sponsors, representing over $25 billion in target date AUM and now have 0.5 million participants. We'll pair the flexibility of a 401(k) investment with a potential for a predictable paycheck life income stream similar to a pension. I believe it will be in one day, the most used investment strategy in defined contribution plans. This pioneering structure can help address global gaps in funding retirement security, improve the quality of life and retirement for millions of Americans and bring back hope for those who were retiring. It's been four years since the start of the pandemic and the subsequent geopolitical upheavals. Leaders of countries, leaders of companies need to create hope for the future for all of their stakeholders. That's certainly what we're doing at BlackRock. I've spoken before about the fear we see today, some is stoked by increasingly political polarization in the world. Our industry and BlackRock have been a subject of political dialogue mostly in the United States. We recognize some of this with being the industry leader. We have done a better job now of telling our story so that people can make decisions based on facts, not on lies and not on misinformation or politicization by others. Unfortunately, there are still others out there who put short-term politics, who continuously lie about these issues. They are putting those issues above the long-term fiduciary responsibilities. As a fiduciary, politics should never outweigh performance. I do believe that with the vast majority of our clients, our long-term fiduciary approach and performance are resonating. We heard it in our dialogue with them, and we see it in our flows, and I know all of you as shareholders see it in our flows. Over the last past five years, clients have entrusted BlackRock with an aggregate of $1.9 trillion of total net inflows, $1 trillion over the last three years and nearly $300 billion last year. It has been in the United States where client-led inflows in every one of these areas. It is true also in the first quarter of this year. This is in all is in the environment where the industry has experienced flat or negative flows, BlackRock saw inflows. Our sustained growth, our accelerating momentum are made possible by the trust of our clients and shareholders and the dedication of all the BlackRock people. Across our firm, we're delivering BlackRock to meet all our clients' individual needs, we're helping each and every client unlock their new opportunities and the power of BlackRock's integrated platform has enabled us to drive better outcomes for each and every client and providing them a differentiated growth for them, which then entails providing differentiating growth for you, our shareholders. I believe at this time, our momentum has never been stronger. The opportunity we have in front of us has never been stronger. And I look forward at BlackRock to be delivering on a significant broad base of opportunities across the world, across our platform, across all of our products, and delivering the responsible fiduciary responsibilities that we provide to each and every client. Operator, let's open it up for questions. Operator [Operator instructions] We'll go first to Craig Siegenthaler with Bank of America. Craig Siegenthaler--Bank of America Merrill Lynch -- Analyst Hey. Good morning, Larry. Larry Fink--Chairman and Chief Executive Officer Hey, Craig. Good morning. Craig Siegenthaler--Bank of America Merrill Lynch -- Analyst So my question is on your commentary around building momentum and line of sight into significant fundings. So if we exclude fee rate issues like divergent beta, when BlackRock can get back to 5% base -- organic growth? And with the law of large numbers a factor, what is your confidence that this objective is still achievable at your current $10 trillion AUM size? Larry Fink--Chairman and Chief Executive Officer Martin? Martin Small--Chief Financial Officer Thanks, Craig. It's Martin. Listen, I'd start by like Q1 net flows were solid at $76 billion. And on a more granular look, we just see durable growth in that flows mix. We had about $100 billion across ETFs, retail, institutional active, institutional fixed income. Of course, we saw some of these $19 billion redemptions from cash with the Good Friday quarter-end dynamic and the $26 billion rebalanced away in institutional index equities. You know those institutional index equities happen from time to time. They're not meaningful revenue impacts or fee rate detractors, but they weigh on kind of the long-term flow totals. When we look at this core momentum on flows, excluding the episodic index redemptions, Q1 flows were $100 billion. It's a healthy trajectory. It's an affirmation for us that we're focused on the right things to grow with clients. And on base fees, the management team here, we really feel like we've turned a corner. Over the last two quarters, we see really solid trends in organic fee growth. They're really some of the best since the end of 2021. We saw excellent momentum to finish the fourth quarter, which we talked about on the last call. We closed out in November and December higher than target. And this quarter, March new base fees annualized at target after we had a slower start. So over the last six months, we see organic base fee growth ticking up and trending more halfway or halfway plus to our long-term targets. It's not a straight line, but we're moving to target. And I say this because we see key positive trends in these sort of critical base fee growers for us. Retail posted $7 billion of flows in that 40 to 50 basis point bucket. Money is going back to work, redemption rates are moderating. We see really excellent momentum in active overall with $15 billion of flows and good velocity in institutional and retail active fixed income, in particular, at $9 billion. And I think what Larry is getting at, we've been selected for a breadth of mandates across investment management and technology that we see supporting 5% organic growth and will fund over future quarters. Our planned acquisition of GIP will help us build and bump from there. So we look forward to closing that transaction, executing on these mandates, and keeping you guys posted on our progress. Larry Fink--Chairman and Chief Executive Officer I would just add, the breadth of conversations we're having with clients worldwide. Rob Kapito right now is in Asia, the type of conversations we had there. The opportunities we see in Europe, in the U.K., Middle East. These are just very large opportunities, large mandates, big opportunities. And if you then overlay the opportunities and you overlay what infrastructure can do related to the build-out of power with all the AI promise and the need for data centers and the need for power is going to be extraordinary. And all of this is going to lead to much bigger opportunities. And then more importantly, more and more clients are going to be seeking those organizations who deliver the proprietary differentiated products. Operator Thank you. We'll go next to Michael Cyprys with Morgan Stanley. Michael Cyprys--Morgan Stanley -- Analyst Hey. Good morning. Thanks for taking the question. Just wanted to ask about balancing investment spend with margin expansion. In the past, we've heard BlackRock talk about being margin aware. So just curious how the thinking of that has evolved. What does that mean in today's environment? And how might you quantify the opportunity for margin expansion over time? How do you see some of the levers to achieve that? Martin Small--Chief Financial Officer Thanks, Mike. Our approach to shareholder value creation is obviously to generate differentiated organic growth, it's to drive operating leverage in a premium margin and it's to execute on a consistent capital management strategy. We have a strong track record of investing in our business for growth and scale and expanding profitability. And I want to emphasize, it's not just about growth. It's about profitable growth over the long term. And that growth comes from making continued investments in our business. And I've talked a lot about on the last several calls and obviously, some of the other meetings we've had, we're looking to size our operating investments in line with the prudent lens on organic growth potential. We're aiming to put more flexibility in our cost base and variabilize expenses where we can. And most importantly, we're looking to generate fixed cost scale, especially through investments in technology. We're consistently delivering industry-leading margins, which is a goal, and we've expanded our margin in six out of the last 10 years. And I think those scale indicators are coming through in our results. We're delivering profitable growth. We generated 180 bps of margin expansion year on year, while revenue op income and EPS all rose double digits. And we delivered 60 basis points of sequential improvement. Over the last 18 months, AUM's up $2.5 trillion, while headcount is actually flat or slightly lower. So I feel like we're delivering benefits of scale and productivity, which is showing in margin expansion. As I mentioned, we're planning for full-year low to mid-single digits core G&A growth, flat headcount, both excluding the GIP transaction. So you've heard on our last few calls, and I hope today and some of Larry's color, we're looking to drive more fixed cost scale. That comes from technology. It comes from automation. It can come from AI. It comes from organizational design, global footprint -- printing using some of our innovation hubs around the world. We see those as our major levers to drive margin expansion. And in the end, we're just looking to optimize organic growth in the most efficient way possible, deliver growth for clients and shareholders and ultimately expand our margin over time. Larry Fink--Chairman and Chief Executive Officer Michael, I would just add, as we continue to be investing in AI, our most recent experience of having $2.5 trillion more assets with the same headcount is a real good indication of how we are trying to drive more efficiencies, more productivity. I think this is critical. We're going to bring down an inflation in America. This is how it's going to have to be done, driven through technology and -- which will increase more productivity. And overall, and actually through that process, we continue to drive more productivity. What it also means is rising wages. So people do more and the whole organization is doing more with less people as a percent of the overall organization. That is really our ambition. Operator Thank you. Your next question comes from Ken Worthington with J.P. Morgan. Ken Worthington--JPMorgan Chase and Company -- Analyst Hi. Good morning and thanks for taking the question. Fixed income flows have picked up for U.S. -- the U.S. mutual fund industry so far this year, but the same data services that track the industry don't show a proportionate pickup for BlackRock. Your fixed-income ETF sales were solid at $18 billion, but below levels seen last year. Can you talk about the competitive landscape for fixed-income retail and fixed-income ETFs, both inside and outside the U.S.? And to what extent do you think investor appetite may have changed in 2024? Rob Kapito--President So Rob here. The conversations that we're having across all of the distribution systems are about a new allocation into fixed income. It's been very much clouded by all the noise around inflation and the Fed. So the yield curve remains inverted and investors are currently getting paid to wait. And a more balanced term structure of interest rates is going to be the indicator to watch, and that's where we'll start to see demand for intermediate and longer-term fixed income. So the first quarter for us flows of $42 billion, which I think is considerable, we saw the strength in the bond ETFs from immunization activity in institutional and about 25% of the flows were into active strategies. So we're seeing renewed demand for active fixed income and that's led to flows into the high yield, the unconstrained, and the total return strategies and the fact that our longer-term performance has about 93% of our taxable active fixed income AUM above the benchmark or peer medium in the last five years are really set up to capture this. But I do think the noise that's out there focused on inflation and the fact that you can still earn 5%, which is very attractive right now is causing the delay in more allocations to fixed income. The other part of why I'm more encouraged is we are finding a growing interest in high-performing active fixed-income strategies alongside private market strategies. So I think that we stand to bode very well once you see some changes in the yield curve. Operator Thank you. We'll go -- Larry Fink--Chairman and Chief Executive Officer Let me just add, operator, to Ken's question. Ken, I do believe as an industry, the large pension funds that have an overallocation of private equity and the rotation of money in the private equity area has slowed down precipitously. We are also seeing evidence that more and more clients are keeping a higher balance of cash to meet their liability discharges. And so without the momentum and the velocity of money in private equity, they actually have to keep higher cash balances, too. So I think that is something to be watched to. If there was an unlock in the movement of private equity, I do believe you would see a factor allocation for the industry in fixed income and other income-producing products. Operator Thank you. We'll go next to Alex Blostein with Goldman Sachs. Larry Fink--Chairman and Chief Executive Officer Hi, Alex. Alex Blostein--Goldman Sachs -- Analyst Hi, Larry. Good morning, everybody. My question is related to private markets and GIP. Larry, you referred to it again this morning as a transformational deal for BlackRock maybe similar to some of the other large ones you've done. Does this give you enough in terms of what you're trying to accomplish in the private markets broadly? Or do you expect to pursue more acquisitions that are related in this area? And I guess somewhat related to that, growth in private markets, retail products has been quite significant and still early days. Maybe just remind us on how BlackRock is pursuing that opportunity. Martin Small--Chief Financial Officer Hey, Alex. How are you? It's Martin. I'll offer a few thoughts, and then Larry will jump in. Let's say, look, all of our clients continue to increase their allocations to private markets. That's what drove our acquisition of eFront. It's what drove our planned acquisition of GIP. And it's also a great focus of the organic investments we've made to build in illiquid alternatives business of size. There are sort of liquid alternatives business. We've reached $167 billion of assets, roughly $140 billion fee paying. We had a good quarter there. Infrastructure and private credit deployment added $1 billion of inflows offset by a return of capital that I talked about. We're getting close on our final closes for our BlackRock Infrastructure IV fund for decarbonization partners, which has been a great first-time funded vintage. We've got $30 billion of committed but uninvested capital. So there's good dry powder in the system. As Larry mentioned, we're originating really strong unique transactions there. So we think our capabilities are expanding in a way that's going to plan. Just yesterday, we announced an infrastructure debt deal with Santander where we're going to be financing about $600 million of infrastructure loans in a structured transaction. And we just see good fundraising momentum, which we think we can kick into next year with GIP. Since 2021, we've had $140 billion of gross capital across the platform, continue to see good momentum with clients. And to the topic you mentioned, we've been building out our semi-liquid products for retail with credit strategies. Our credit strategy is interval funds and our nontraded credit BDC BDEBT, have a combined $1 billion plus of AUM. We received a really important placement for BDEBT at the national wirehouse. So we think that will be a strong seller in for organic growth. And then finally, that planned acquisition with GIP is going to really extend our capabilities. We think the business can be a much stronger platform for capital formation of scale and build on this philosophy we have in illiquid alternatives. We also think there's a great opportunity to bring GIP's capabilities to private wealth globally, retail retirement platforms in the U.K. and Europe with the LTIP and LTAP structures. And obviously, we'll keep you updated on our progress. Larry Fink--Chairman and Chief Executive Officer I would just add that the feedback we're having from clients, including a dinner I had with a major energy company last night. The opportunity we have for driving more unique proprietary origination is going to be driving accelerated growth for us in the private markets, especially in infrastructure. I do believe the combinations of our two organization is going to open up so many more avenues. Avenues with companies, but also avenues of countries. And that -- being said, look, we're always in the market and are looking for different opportunities and we're not slowing down, looking at different opportunities. We're not here to suggest we're doing anything that is forthcoming because the number one through five thing to do is to close GIP. But the doors are knocking at BlackRock to see if there's other opportunities we want to we want to pursue. And if it makes sense one day, we will continue to be open minded to pursue more private market opportunities. Operator Thank you. We'll go next to Dan Fannon with Jefferies. Dan Fannon--Jefferies -- Analyst Thanks. Good morning. Martin, for your comments on improving trends throughout the quarter for flows, can you put in context what that means for maybe exit fee rate? And also on this pipeline of activity that's building, can you talk about the mix of fees and products more specifically and how that might inform your base fee outlook going forward? Martin Small--Chief Financial Officer Yeah. So thanks, Dan. As I mentioned, we see good base momentum. At the end of Q4, we were running at hotter than target. At the end of this quarter, we're at target. And as I mentioned, when we look at the trends over months, not days, we feel like we're half or halfway plus to our target growth. So we've got good base fee momentum. First quarter base fees, excluding securities lending, were $3.6 billion, which is up 9% year on year, which is largely due to the impact of market movements on AUM and organic growth. And if -- the Q2 entry fee rate ex-fee lending is pretty much flat compared to the Q1 fee rate on a day count equivalent basis. But overall, I think as we see good flows into active with the $15 billion we've had, as I mentioned, retail flows of $7 billion coming in. We see good fee rate trends, which we think are about -- mostly about mix. We focus really on driving organic base fee growth in the most efficient way possible, focusing on the clients, focusing on the investments they want to make. We don't focus on a specific fee rate or product. We focus on the clients and the fee rate is more of an output. But the trends in terms of where we're raising assets on the fee rates we think are good. But as I mentioned, Q2 fee rate -- Q2 entry fee rate excess funding is flat compared to the Q1 fee rate on the same day count. Operator We'll go next to Bill Katz with TD Cowen. Bill Katz--TD Cowen -- Analyst OK. Good morning, everybody and thank you so much for taking the question. I appreciate the update. Maybe a different vein. Your performance fees continue to run pretty high. And just sort of wondering, are we reaching a new level of normalized performance fees? And how might that translate into sort of the comp ratio as we look ahead, particularly as you continue to migrate to a bigger pool of private markets post-GIP? Martin Small--Chief Financial Officer Thanks, Bill, for the question. We appreciate it. So on the performance fees of $204 million in the quarter, obviously, they're up about four times year on year. If you could put yourself in a time machine and think back to that first quarter in '23, it was a really difficult market. We had SVB. We had some vol in the rate markets, etc. So I think it was a tough time. This quarter, we've really seen good performance coming through on our teams, which has been very, very strong, and I think reflected in those performance fees. Rough justice, about half of that performance fee is coming from kind of our private equity funds and private equity programs where we had some very successful realizations that Larry talked about last year, which was created in some of the distributions associated with that. And the other half is more in liquid hedge funds in our strategic equity hedge funds and some of our systematic strategies as well. Ultimately, our goal is to deliver long-term performance with clients and where we see performance fee revenues picking up, obviously, there's healthy alignment there and more supportive markets, and stronger markets and strong performance, we'd expect a lot of that leverage to drop to a lower comp to revenue ratio. But ultimately, talent is one of our key investments, and we'd expect it to be on a go-forward basis. Operator Thank you. We'll go next to Brian Bedell with Deutsche Bank. Brian Bedell--Deutsche Bank -- Analyst Great. Thanks. Good morning, folks. Thanks for taking my question Maybe just to focus on the multi-asset category and a couple of areas within that. I think, Martin, you were talking about obviously... - Reddit Posts (Sample): [['u/kennyatmall', 'Cheapest way to sell 2 BTC', 12, '2024-04-22 01:48', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', 'Hi guys what’s the cheapest way to sell Btc ? Should I put in on the card and spent it there ? ', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', '1c9wg0z', [['u/iamthesagej', 21, '2024-04-22 01:55', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0o5fhc/', 'Advanced trading tab.', '1c9wg0z'], ['u/Enslaved_By_Freedom', 16, '2024-04-22 03:50', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0olhqm/', 'Sell your 2 BTC to me for $100 USD. It will be really cheap.', '1c9wg0z'], ['u/SteveLangfordsCock', 46, '2024-04-22 04:02', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0on7km/', 'You should not answer any of the DMs you got', '1c9wg0z'], ['u/iamthesagej', 10, '2024-04-22 04:22', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0opwab/', 'The “free trading” has their fee built in with the sell prices, so if you use advanced, you get 25% off.\n\nIt’s a $260 fee to sell 1 of my btc, so I’m assuming it would be around $520 for 2. If you have CB1, that’s $130 saved. \n\nYou could get a free trial or a month and you’d save - I’d do it!', '1c9wg0z'], ['u/ukiyo3k', 10, '2024-04-22 05:21', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0oxeq7/', 'How do people own BTC but not know how to own BTC?', '1c9wg0z']]], ['u/superdude32', "Why don't you have a... $SEAT?!! Hidden gem, blowing up now!", 626, '2024-04-22 02:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', 'Cris Hensan is inviting you to take a $SEAT and put scum of the earth behind bars, in fun fashion - just by investing in crypto! \n \nFind out about this hidden gem with a low marketcap: \n[https://crishensan.com](https://crishensan.com) (warning: this website is dope-ass!) \n\n\nA fun meme with serious ambition - we\'re putting sexual predators behind bars, and doing it in style! Let\'s gooooo!\n\n \nHere is why I\'m personally bullish on $SEAT: \n--> Dev is GOLD \\- this man is a driven, proven, trader who was cheesed off at all the rug pulls and decided to put a Blue Chip meme project together - for the people! \n--> NARRATIVE UTILITY is brilliant! This community is meme-ing to call attention to the issue of sexual predators and getting them behind bars - Cris Hensan keeps it fun, but he means business! "Why don\'t you take a SEAT???" \n\nThis weekend we are taking in our first donation that is going to the Coalition to Abolish Slavery & Trafficking. BIG NEWS coming this week on the donation!!! We are going to make a splash! \n\nEvery time our marketcap doubles, the community will make another donation. Community makes money, we give to a great cause = win-win. You know, unless you like having sexual predators roaming around... \n--> LOW MARKETCAP \\- this coin is only one week old and sitting at 1M Marketcap. We held and grew through all the BTC halving nonsense. Sky is the limit for SEAT. Could be a next multi-mill coin. You are early! \n--> TOKENOMICS ARE FOR THE PEOPLE \\- Total Supply: 998,331,345 \| 100 % Locked Utility \| 100% of Liquidity Tokens are Burned \| Immutable - like I said above, our dev Cris HATES rug pulls and made it his goal to make the most anti-rug token you could imagine. \n--> COMMUNITY is driven and active! Hop on the telegram chat and join a community that is positive, driven, mature, and focussed on our goal: blowing up SEAT, building life changing wealth, and putting perps away in the process! Don\'t believe me? Check out telegram and hang with us for a couple days - you\'ll see! \n--> EXCHANGES \\- currently SEAT is available on decentralized exchanges like Raydium & Jupiter - if you don\'t know how that works, just hit up the website for more info. This coin is young, which is where money is made - larger exchanges will come as the project grows. \n\n\n \nSo.. Still here? What are you waiting for? \nWHY DON\'T YOU TAKE A $SEAT???!!!\n\n \n[https://crishensan.com](https://crishensan.com) \n\nToken CA: 29ad8JW1YcVT3mxcvxJpe3EzWqXCGD7KaSRWrc3TEMWG ', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', '1c9wxnk', [['u/Comfortable_Brush295', 10, '2024-04-22 02:16', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/l0o8dzd/', 'Everyone should come and join us in taking a $SEAT', '1c9wxnk']]], ['u/Striking-Type-4162', 'BlackRock created the Bitcoin ETF', 53, '2024-04-22 03:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', 'BlackRock created the Bitcoin ETF as a way to launder your fiat dollars into the Bitcoin Ponzi, Because the elites know the U.S. banking system is going to collapse (credit markets) That’s the reason for the sudden passage of Ukraine and Israel funding. ($95 billion). Those laundered dollars will go through NGO’s which help fund Blackrock’s Bitcoin ETF. This is also why Janet Yellen is desperate to fund U.S. Treasuries. U.S. Treasury dollars are laundered through NGO’s Which provides free Bitcoin liquidity for the elites (off-balance sheet)', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', '1c9y3xy', [['u/New-Dealer5801', 11, '2024-04-22 03:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ohv2y/', 'Well if Main Street hasn’t picked up on this they deserve the crash! Bitcoin will be the greatest, till the power goes out!', '1c9y3xy'], ['u/ScreamingWeenie', 48, '2024-04-22 03:40', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ok5xn/', 'Explain it to me like I got injected with an experiment in exchange for a free donut.', '1c9y3xy'], ['u/reepotomac2', 13, '2024-04-22 03:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0oloqu/', 'OK, the guy who set himself on fire at the Trump trial, he had a manifesto, I skimmed it. It said a lot about crypto and the real purpose of crypto.. Does this post kinda go along with his manifesto?', '1c9y3xy'], ['u/Striking-Type-4162', 13, '2024-04-22 04:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0on9qo/', "BTC/USDT is an offshore unregulated debt/ponzi washing machine. Ukraine is used as the excuse to funnel $ in. Monetization ETF'S of debt and US CANT stop spending. They knew what was coming over a decade ago. They needed a way to continue.", '1c9y3xy']]], ['u/WatercressCurious980', 'Massive over 100% fee btc to xmr on cake', 29, '2024-04-22 04:24', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', 'Any ideas what’s happening or how to fix ', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', '1c9zj4y', [['u/Rmccarton', 35, '2024-04-22 05:40', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0ozqn7/', 'Just use LTC, exchange for Monero in cake. It was the more economic method even before the bitcoin feees went bonkers. \xa0', '1c9zj4y'], ['u/Single_Pea', 19, '2024-04-22 06:43', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0p6yqc/', "wait. it'll go down. shouldnt use btc ever like this tho.", '1c9zj4y'], ['u/ZestycloseWay2771', 19, '2024-04-22 12:35', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0q1241/', 'Shouldn’t use BTC at all', '1c9zj4y']]], ['u/Freemasonsareevil', 'Is it worth buying thousands of dollars of LTC as a young person', 10, '2024-04-22 04:26', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', 'So here’s my situation. I’m a 19 year old college student. I’m not broke but I’m also not able to pay for college myself lmao. I have over $5000 in total from my checkings and savings account + another 2000 in cash at home. Most of this is untouched really. I was thinking of maybe buying $2000 in crypto. Would that be worth it? And idk if I should do it all in LTC or maybe some in BTC or other crypto? It would suck losing $2000 but it would be very very nice tripling that or whatever. Plus this summer I will be working and making a lot more money… I would like opinions from those more experienced than me who is nice to crypto', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', '1c9zkmf', [['u/Coldlog1k', 43, '2024-04-22 04:42', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0osky4/', '#1 rule of investing in ANYTHING: don’t invest money you can’t afford to lose. If your ok with possibly losing the entire thing and accept that you may not see returns for years if ever then do your research and invest in coins that you believe in. Anyone telling you buy this or buy that for a quick turnaround is lying or scamming.', '1c9zkmf'], ['u/0010011001101', 13, '2024-04-22 04:51', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0otp67/', 'From someone who was once young, enjoy the money you have when you have the youth to enjoy it on. \n\nYes, you may double, triple or quadruple the ‘dollar’ amount, but the happiness you will derive from the increased amount in the future will likely be less than the happiness you can afford yourself now, in the present. \n\nJust my two cents worth.', '1c9zkmf'], ['u/meshflesh40', 18, '2024-04-22 06:35', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0p638l/', 'Dont try to get rich fast. thats gambling. Put the $2000 in BTC to kickstart your portfolio. \n\nThen buy 1 LTC a month for a decade. \n\nForget about it and enjoy your youth.', '1c9zkmf'], ['u/Manoob20', 11, '2024-04-22 09:41', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0pn1xf/', 'Put it all on BTC, cold storage, Hodl and chill for 5-10 years', '1c9zkmf'], ['u/goodyeshello', 19, '2024-04-22 14:25', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0qd4u1/', 'Genuinely the worst advice I’ve ever heard. You don’t need to blow $2,000 to be happy at 19. Invest all of it.', '1c9zkmf']]], ['u/GiverTakerMaker', 'Black Swans: Gold vs Bitcoin', 23, '2024-04-22 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/', "Ok. So Bitcoin has a few Black Swan events unique to its technology... for example a solution to the P v NP conjecture could render all cryptography utterly useless.\n\nWhat are some of Gold's black swans hiding in the weeds?\n\nFor example elemental transmography tech that turns iron onto gold would render golds principle value proposition obsolete.\n\nAny creative thinkers out there. And yes the whole point is to think of statistically improbably outcomes.", 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/', '1c9zo6q', [['u/MacForADay', 30, '2024-04-22 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/l0ors97/', "Asteroid mining would destroy gold. There's trillions and trillions of dollars worth of gold in some asteroids, and if they were mined it would crash the price of gold on Earth.", '1c9zo6q'], ['u/1mc666', 45, '2024-04-22 04:42', 'https://www.reddit.com/r/Bitcoin/comments/1c9zo6q/black_swans_gold_vs_bitcoin/l0osi2i/', 'Exactly. Same thing with diamonds too. Wood is actually more rare in the universe than gold or diamonds. To have wood you need trees and for trees you need life.', '1c9zo6q']]], ['u/Zunqivo', 'Battle Hardened San Francisco - CC (100 Players) - Results', 44, '2024-04-22 04:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/', "___\n\n# [Battle Hardened San Francisco Top 8 Bracket With Results](https://twitter.com/MaskOfMomentum/status/1781879247596146716)\n\n___\n\n### [Battle Hardened San Francisco Meta Breakdown (100 Players)](https://twitter.com/ThePitchStack/status/1782049087006577127/photo/1)\n\n___\n\nPlace \| Player \| Hero \| -\n---\|---\|----\|----\n1st \| Oliver Phi \| Prism, Awakener of Sol [[decklist](https://fabtcg.com/decklists/oliver-phi-prism-awakener-of-sol-battle-hardened-san-francisco/)] \| \n2nd \| Patrick Requejo \| Victor Goldmane, High and Mighty [[decklist](https://fabtcg.com/decklists/patrick-requejo-victor-goldmane-high-and-mighty-battle-hardened-san-francisco/)] \| \n3rd - 4th \| Naib Mobassir \| Betsy, Skin in the Game [[decklist](https://fabtcg.com/decklists/naib-mobassir-betsy-skin-in-the-game-battle-hardened-san-francisco/)] \| \n3rd - 4th \| Tyler Horspool \| Dash I/O [[decklist](https://fabtcg.com/decklists/tyler-horspool-dash-io-battle-hardened-san-francisco/)] \| [@Pony_Puddle](https://twitter.com/Pony_Puddle)\n5th - 8th \| Evan Bridges \| Kayo, Armed and Dangerous [[decklist](https://fabtcg.com/decklists/evan-bridges-kayo-armed-and-dangerous-battle-hardened-san-francisco/)] \| \n5th - 8th \| Jacob Hawkinson \| Dorinthea Ironsong [[decklist](https://fabtcg.com/decklists/jacob-hawkinson-dorinthea-ironsong-battle-hardened-san-francisco/)] \| \n5th - 8th \| Majin Bae \| Kano, Dracai of Aether [[decklist](https://fabtcg.com/decklists/majin-bae-kano-dracai-of-aether-battle-hardened-san-francisco/)] \| [@MajiinBaeLoR](https://twitter.com/MajiinBaeLoR)\n5th - 8th \| Anthony Pham \| Dash, Inventor Extraordinaire [[decklist](https://fabtcg.com/decklists/anthony-pham-dash-inventor-extraordinaire-battle-hardened-san-francisco/)] \| \n\n(If you're on here and you have any decklists or social media handles that you want to share, let me know and I'll add you in here!)\n\n* With this Battle Hardened win, Prism, Awakener of Sol gains +40 Living Legend points, and is now officially at 150/1000 Living Legend points. (Excluding Pro Quest wins and the Pro Quest+ that she also won at the same event)\n\n * If you're unfamiliar with how Living Legend works, you can read on the info here: https://fabtcg.com/resources/rules-and-policy-center/living-legend/\n\n___\n\n#Congratulations to Oliver Phi on taking down Battle Hardened San Francisco!", 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/', '1c9zpgt', [['u/VektorOfCrows', 22, '2024-04-22 04:47', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0ot7sg/', 'Betsy on 3rd/4th is pretty neat!', '1c9zpgt'], ['u/punchki', 11, '2024-04-22 07:37', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0pcc0d/', '8 different heroes in top 8 is cool to see', '1c9zpgt'], ['u/ScowlingFleshBag', 10, '2024-04-22 07:45', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1c9zpgt/battle_hardened_san_francisco_cc_100_players/l0pd54w/', 'The chad on Betsy', '1c9zpgt']]], ['u/AutoModerator', '[Daily Discussion] - Monday, April 22, 2024', 39, '2024-04-22 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/', '1ca1b0m', [['u/wrylark', 29, '2024-04-22 06:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0p5m29/', 'With the amount of consolidation/time we have had in this range and presuming we are still in an over all uptrend ... this is really looking great imo.\xa0\n\nRunning the weekly candles through my monkey brain pattern detector finds the nearest \xa0similarity in the spring/summer of 2020 when coin consolidated around the 10k area...\n\nAlso interestingly that is a time not far off from where are now in relation to the respective halvings.\xa0\n\n\xa0', '1ca1b0m'], ['u/Ok_Art_2874', 15, '2024-04-22 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0p6hnx/', 'When will bitty reach $300k?\n\n2025\n\n2029\n\n2033', '1ca1b0m'], ['u/dopeboyrico', 50, '2024-04-22 07:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pc9iv/', 'Price of BTC at each halving: \n\n2012: $12.50\n\n2016: $638.51\n\n2020: $8,475\n\n2024: $64k\n\nLength of time BTC took to reach new ATH after each halving:\n\n2012: 3 months\n\n2016: 7 months\n\n2020: 7 months\n\nLength of time BTC took to double in price after each halving:\n\n2012: 3 months\n\n2016: 8 months\n\n2020: 6 months\n\nConsidering how close we were to ATH ($73.7k) at time of halving we’re probably going to set a new record for length of time to reach new ATH post halving. And then I’m thinking the momentum from there potentially puts BTC on track to double in price within 3 months from halving.\n\nSupply shock is imminent.', '1ca1b0m'], ['u/monkeyhold99', 25, '2024-04-22 08:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pgt8j/', 'The halving got more media attention than ever this year. It was not priced in, never has been priced in, and never will be priced in. \n\nAll about forced vs willing sellers. [Here’s](https://experts.bitwiseinvestments.com/cio-memos/the-bitcoin-halving-the-real-change-no-one-is-talking-about) the short article about it from Bitwise CIO. \n\nHere’s a good bit:\n\n> If there is more demand for bitcoin in the future than the market currently expects, buyers will have to chase bitcoin in a different market than the one they encountered pre-halving—a market with half as many forced sellers as before. That could lead to significant run-ups in price, as unanticipated future demand tries to shake bitcoin loose from a higher ratio of willing sellers.', '1ca1b0m'], ['u/YouAreAnFnIdiot', 18, '2024-04-22 08:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0phcse/', 'Was that the short squeeze?', '1ca1b0m'], ['u/jarederaj', 20, '2024-04-22 08:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0phi3f/', 'That happens at 71,5', '1ca1b0m'], ['u/Zirup', 13, '2024-04-22 08:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pi0yh/', "Huh? A forced seller is a miner with costs to cover. A willing seller is someone who has a dollar price target. Diamond handed hodlers aren't sellers.", '1ca1b0m'], ['u/jarederaj', 10, '2024-04-22 08:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pii6p/', 'The doubling time speeds up for about 18 months. By the end, we double in a few weeks.', '1ca1b0m'], ['u/jarederaj', 19, '2024-04-22 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pil9v/', 'We are borg', '1ca1b0m'], ['u/DarthVarn', 15, '2024-04-22 08:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pjcvs/', 'Resistance is futile.', '1ca1b0m'], ['u/Zirup', 11, '2024-04-22 08:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pjfnd/', 'so a 7x from here puts us at $420,000. That meets the meme criteria.', '1ca1b0m'], ['u/I_AM_AN_AEROPLANE', 15, '2024-04-22 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0plzw1/', 'I think this just looks like organic proce increase tbh', '1ca1b0m'], ['u/Yodel_And_Hodl_Mode', 10, '2024-04-22 09:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pmou9/', "Or maybe he was on a date & she just wasn't feeling it, y'know?\n\nOtherwise... yeah, what you said, my high flying friend.", '1ca1b0m'], ['u/dopeboyrico', 12, '2024-04-22 09:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pnlg6/', '2012: 12 months\n\n2016: 17 months\n\n2020: 18 months', '1ca1b0m'], ['u/Remyleboo99', 20, '2024-04-22 10:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0prqmt/', 'No halving sell the news yet, and pre market has opened. \n\nI feel a pump today as opposed to the usual 9:30 dump especially with the green futures.', '1ca1b0m'], ['u/expatMT', 20, '2024-04-22 11:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pwbuv/', '\nDate\t\| Event\t\| Value\n---\|---\|---\n28/05/2012\|\t6-months before\|\t$5.00\n28/11/2012\t\|Halving\t\|$12.00\n09/04/2013\t\|First peak\t\|$266.00\n30/11/2013\t\|Top peak\t\|$1,242.00\n09/01/2016\t\|6-months before\|\t$450.00\n09/07/2016\t\|Halving\t\|$663.00\n08/06/2017\t\|First peak\t\|$2,741.00\n17/12/2017\t\|Top peak\t\|$19,401.00\n11/11/2019\t\|6-months before\|\t$8,800.00\n11/05/2020\t\|Halving\|\t$8,700.00\n14/04/2021\t\|First peak\|\t$63,438.00\n10/11/2021\t\|Top peak\|\t$69,000.00\n17/10/2023\t\|6-months before\|\t$28,500.00\n20/04/2024\t\|Halving\|\t$64,000.00\n15/03/2025\t\|First peak\|\t$95,000.00(?)\n15/09/2025\t\|Top peak\|\t$160,000.00(?)', '1ca1b0m'], ['u/John_Crypto_Rambo', 12, '2024-04-22 11:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0px22c/', 'I know this seems wild to say but I don’t see any way 95k takes a year to reach. \xa0In a bull market all of our predictions anlways seem to arrive way ahead of schedule. \xa0If we hit 80k soon, which I feel we will, then 95k isn’t that far away.', '1ca1b0m'], ['u/expatMT', 10, '2024-04-22 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0pylfq/', 'Until Saturday the 64k figure was guestimated to be 34k. The figures are conservative estimates based on earlier (pre-ETF) indicators.\n\nWith everything else taken into account it would appear to be reasonable to expect 95k later this year and a peak of...who knows what. Typically we see a slight downturn post-halving. But with the ETFs not slowing in their AUM growth, plus the UK soon to permit trading in bitcoin-related products, and HK ETFs coming...combined with there now only being 450 new coins per day entering the flow.\n\nExciting months ahead.', '1ca1b0m'], ['u/WYLFriesWthat', 16, '2024-04-22 12:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0q2nb7/', 'Back above the 200MA on the 4-hour. “Up” is BACK on the menu boys.', '1ca1b0m'], ['u/ask_for_pgp', 17, '2024-04-22 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qd35s/', "There's a play to buy bitcoin with 7.5% discount under spot:\n\njust like GBTC once was, OBTC is currently a closed ended trust trading 7.5% under spot.\n\nThey have published a plan to get back to NAV: Sell (merge) with a Bitcoin ETF or dissolve the trust by September 5.\n\npress: [https://ospreyfunds.io/wp-content/uploads/Osprey-Bitcoin-Trust-Announces-Exploration-of-Strategic-Alternatives-and-Voluntary-Deregistration-\\_-Business-Wire.pdf](https://ospreyfunds.io/wp-content/uploads/Osprey-Bitcoin-Trust-Announces-Exploration-of-Strategic-Alternatives-and-Voluntary-Deregistration-_-Business-Wire.pdf)\n\ndiscount gapped upwards but still juicy: [https://ycharts.com/companies/OBTC/discount\\_or\\_premium\\_to\\_nav](https://ycharts.com/companies/OBTC/discount_or_premium_to_nav)\n\n \nAm I crazy to swap all my ETF holdings into OBTC?", '1ca1b0m'], ['u/Cultural_Entrance312', 17, '2024-04-22 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qfz43/', 'On the hourly BTC has broken out of the falling wedge. RSI is at 60.9 (average 60.7) at time of writing. Current, nearby, resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 65.7, 64.1, 63, 61.7, 60.5 and 59. The 67.4 area might act as a stronger resistance, it’s the old sloping resistance from the last pennant. We are also 1k above Friday’s close, will we drop back or continue with the rising short term trend?\n\nThe daily RSI is 49.7 and its average is currently at 47. A falling wedge is forming and BTC is approaching the upper resistance of it. It’s possible that BTC could push through. It depend on if you consider 4/19 low close enough to be considered a touch. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA and downward sloping resistance.\n\nBTC closed for the 3^(rd) week in a row red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.7 (78.3 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 71.1. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/8HyNsNuk/](https://www.tradingview.com/x/8HyNsNuk/)\n\nDaily: [https://www.tradingview.com/x/YVN95LWe/](https://www.tradingview.com/x/YVN95LWe/)\n\nWeekly: [https://www.tradingview.com/x/FCam8mCm/](https://www.tradingview.com/x/FCam8mCm/)\n\nMonthly: [https://www.tradingview.com/x/1RFHsVIZ/](https://www.tradingview.com/x/1RFHsVIZ/)', '1ca1b0m'], ['u/1Lost_King1', 13, '2024-04-22 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qh24q/', 'Today looks pretty green...', '1ca1b0m'], ['u/Kronos5111', 14, '2024-04-22 15:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qip9d/', 'Already ahead of you sold my primary residence last September for 100% bitcoin but recently sold it and moved it into bitx options. Don’t follow my footsteps lads', '1ca1b0m'], ['u/itsthesecans', 12, '2024-04-22 15:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qjgam/', "Sounds like you're pushing all your chips into the center of the table for this cycle. I hope it works out for you.", '1ca1b0m'], ['u/Zirup', 12, '2024-04-22 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qjzld/', 'Looking more and more like the dreaded triple top is off the menu.', '1ca1b0m'], ['u/1Lost_King1', 14, '2024-04-22 15:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qk9pd/', 'I hope that everyone loaded their bags...', '1ca1b0m'], ['u/CurrencyAlarming1099', 12, '2024-04-22 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qly04/', 'I predict a fakeout upward at tradfi market open and then a below 62k by mid week. Basically the same "sell the news" pattern of the ETF approval in January. I would be happy to be wrong.\n\n!bitty_bot predict < 63000 3 days', '1ca1b0m'], ['u/Weigh13', 12, '2024-04-22 15:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qme52/', "Am I misremembering or don't we usually dump right before and into the halvening usually? I don't ever remember up days like this when going through the last couple. This seems very bullish.", '1ca1b0m'], ['u/John_Crypto_Rambo', 21, '2024-04-22 15:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qniw4/', 'The average cost to mine a Bitcoin is now $53k.', '1ca1b0m'], ['u/sgtlark', 12, '2024-04-22 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qo02b/', 'But Donald is against BTC. Or isn\'t he? I guess that if it\'s in a bull market and Trump gets elected again he\'ll ride it as the next paradigm \n\n"Bitcoin is the soundest, biggest form of store of value ever conceived in the history of humankind. I\'ve met some of the founders of Bitcoin and they are great people. Great guys, top players, I couldn\'t do better myself. Well maybe. Still great. Bitcoin is guaranteed freedom from those crooked leftists and liberals. Which is why I used it to launch my new, official, presidential NFTs collection. Great chance don\'t miss out"', '1ca1b0m'], ['u/I_AM_DEATH-INCARNATE', 17, '2024-04-22 15:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qolem/', "I can't wrap my head around profit margin decreasing and stock price increasing, why does that make the stock price move up?\xa0", '1ca1b0m'], ['u/btctrader12', 10, '2024-04-22 15:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qqbtn/', 'Funding still lower than the Grand Canyon. Squeeze to 70k soon no mercy', '1ca1b0m'], ['u/BitSecret', 11, '2024-04-22 16:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qr8b5/', "Think we'll see $80k this week? \n\nI think there's a >50% chance based on my technical analysis of tingling feelings.", '1ca1b0m'], ['u/HBAR_10_DOLLARS', 16, '2024-04-22 16:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qs9pc/', 'Does anyone else hold some BTC on exchanges as part of their overall diversification strategy?\n\nI was thinking of the posts about how many millions of BTC are on exchanges. Some of that BTC is mine but I have no intention of selling; It’s just diversification of my holding stack.', '1ca1b0m'], ['u/bubblesmcnutty', 11, '2024-04-22 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qsflz/', "I'm getting bullish", '1ca1b0m'], ['u/1Lost_King1', 13, '2024-04-22 16:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qswe4/', 'A new ATH is imminent...', '1ca1b0m'], ['u/xtal_00', 12, '2024-04-22 16:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qu0xw/', 'I leave my DCAs on exchange until it hits a meaningful amount for a wallet (\\~0.5BTC) and then transfer.', '1ca1b0m'], ['u/gozunker', 16, '2024-04-22 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qulfy/', 'The sun is shining, the corn is green … feels like spring has sprung today …', '1ca1b0m'], ['u/imissusenet', 16, '2024-04-22 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qv1fd/', 'A couple of GBTC charts:\n\n[https://imgur.com/a/KIs2F1m](https://imgur.com/a/KIs2F1m)\n\nTop chart is BTC held by GBTC. GBTC is losing about 2000 BTC every trading day, but still holds a lot of BTC.\n\nBottom chart shows running fees since the ETFs went live. The blue line is 1.5% with actual outflows. The red line is what the running fees would be with 0.25% fees and no outflows. As long as the blue line is above the red line, Grayscale made the right decision (for Grayscale) as far as fees go.\n\nIf/when the mini-GBTC fund happens, I wonder what Vanguard will do. I still hold some GBTC there (the rest I moved off).', '1ca1b0m'], ['u/shadowofashadow', 13, '2024-04-22 16:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qv68q/', "I'd rather try to memorize seed words than keep anything on an exchange but I'm Canadian so I still have PTSD from Quadriga.", '1ca1b0m'], ['u/xtal_00', 28, '2024-04-22 16:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qw4wg/', 'FWIW (not very much) I have now heard from mulitple sources OTC desks are starting to scramble.', '1ca1b0m'], ['u/kb1985', 29, '2024-04-22 16:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qwa4o/', 'How quickly sentiment can change! Just recently some were predicting doom and gloom and sub 60k prices and now we are looking at new ATH predictions again. Indeed things are looking interesting now - stocks had their well deserved correction, israel/irane drama back to ”normal”, trad fi accepted the rate cut drama. Perfect environment. Even the regulars that used to call for 30k BTC now turned bullish which is a bit concerning and should make us cautious lol.', '1ca1b0m'], ['u/itsthesecans', 18, '2024-04-22 16:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qzdyj/', 'Tell them they can call me when the price has 2 commas.', '1ca1b0m'], ['u/AccidentalArbitrage', 15, '2024-04-22 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0qzuyn/', 'No calls or emails from any I have accounts at, fwiw.', '1ca1b0m'], ['u/xtal_00', 16, '2024-04-22 17:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r1qus/', 'This is normalizing very quickly.', '1ca1b0m'], ['u/delgrey', 14, '2024-04-22 17:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r1s0z/', 'I heard from my billionaire buddy that banks are telling him to stop buying. Bullish!', '1ca1b0m'], ['u/BootyPoppinPanda', 11, '2024-04-22 17:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r5fn5/', "Fair point but it it's not going to last... I think", '1ca1b0m'], ['u/Melow-Drama', 10, '2024-04-22 17:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0r7za5/', "Looking at it [this way](https://imgur.com/XazwjCJ) we could indeed range for quite a while. I've been wrong in many instances in what felt like the next move could be 'around the corner' so this is me redrawing lines and preparing for more crab. But I'm glad we did not dip further into the 50s just recently.", '1ca1b0m'], ['u/WYLFriesWthat', 13, '2024-04-22 17:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ra8on/', 'I said it for the last two weeks and I’ll say it again today. We’ll never see 60k break.\n\n\nFor the purposes of mods who would “predict” me against my will, “break” shall be defined as a second four-hour candle close below $60,000.', '1ca1b0m'], ['u/sgtlark', 10, '2024-04-22 18:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rcig6/', 'Yes my uncle and the voices in my head also tell me 1 million by august', '1ca1b0m'], ['u/AverageUnited3237', 13, '2024-04-22 18:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rdtcj/', 'I bought back in to IBIT last night at 65.4 in the 24/7 market. Lost about 30 shares, could have been worse. 0/1 on trying to trade BTC, I\'m just going to continue HODLing for the next 5 years unless we get a manic run to the "promised land" of $300K+, in which case I will probably de-risk a bit.', '1ca1b0m'], ['u/aristo-crat', 10, '2024-04-22 18:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rhfj6/', 'Sell at 298', '1ca1b0m'], ['u/_Citizen_Erased_', 13, '2024-04-22 18:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjic1/', '65,,000', '1ca1b0m'], ['u/furinspaltstelle', 19, '2024-04-22 18:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjjmb/', "I'll expect the halving to do its thing within the next 4 weeks and boldly claim that we will never dip below 60k again.\n\n!bitty_bot long 50000 8x sl 58000", '1ca1b0m'], ['u/xtal_00', 10, '2024-04-22 18:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rjtc6/', 'Was it you that was freaking out over goblin town redux?', '1ca1b0m'], ['u/Suburban_Sprawwl', 12, '2024-04-22 19:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rr9tm/', 'Told you. My p p never lies.', '1ca1b0m'], ['u/BuiltToSpinback', 20, '2024-04-22 20:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0rxns7/', "If this keeps going up, there's a good chance this keeps going up", '1ca1b0m'], ['u/hexcode', 12, '2024-04-22 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ryr8z/', 'Is it possible to exchange btc for btc etfs without creating a taxable event?', '1ca1b0m'], ['u/Left_Committee_4012', 10, '2024-04-22 20:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s0b2w/', "You don't say.", '1ca1b0m'], ['u/255-69-3551', 17, '2024-04-22 20:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s3e5z/', "That's called in kind. SEC required cash only for these recent spot etfs. It's for your own good somehow.\n\nHere's a random article.\n\nhttps://www.msn.com/en-us/money/markets/blackrock-opts-for-cash-only-redemptions-in-bitcoin-etf-application/ar-AA1lIQiM\n\n>Cash creation vs. In-kind redemption\n\n>To comprehend the significance of BlackRock’s decision, it’s essential to understand the distinction between ‘cash creation’ and ‘in-kind redemption,’ the two methods by which ETFs can issue and redeem shares.\n\n>In-Kind Redemption: Traditional ETFs often prefer ‘in-kind’ redemptions, allowing the issuer to exchange the fund’s underlying assets, such as Bitcoin, to create shares rather than using cash. This method offers advantages for the company, as it sidesteps market maker spreads and potential tax complications.\n\n>Cash Creation: Conversely, ‘cash redemptions’ require the fund issuer to accept cash to acquire the underlying asset (e.g., Bitcoin) and sell the asset to provide cash back to redeeming shareholders. The SEC favors This approach and benefits participants, but it results in taxable transactions.", '1ca1b0m'], ['u/anon-187101', 13, '2024-04-22 20:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s6bbq/', "r/cryptocurrency seems to be putting this cycle's top ~$130k.", '1ca1b0m'], ['u/btc-_-', 13, '2024-04-22 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s71k2/', 'we’ll wave to them as we go by', '1ca1b0m'], ['u/anon-187101', 11, '2024-04-22 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s773o/', 'no, it does not\n\nwhat do you think about that?', '1ca1b0m'], ['u/52576078', 16, '2024-04-22 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s7sxq/', 'Such strange people, and so many of them.', '1ca1b0m'], ['u/GRYMandFROSTBITTEN', 10, '2024-04-22 21:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s8wuc/', 'Microstrategy holding 1130 was the signal. Chefs kiss', '1ca1b0m'], ['u/zpowers1987', 10, '2024-04-22 21:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0s9ryf/', 'I like how the model had the previous cycle in the 40s. The fact that the same model predicting that has price over 300k is promising.\n\nIf 130 becomes the confirmed top and falls to 39k or something I would have to rethink my understanding of where Bitcoin could go. \n\nIf the altcoin crowd felt Bitcoin could go significantly higher, I believe they would just own Bitcoin. They feel they missed the boat.', '1ca1b0m'], ['u/btctrader12', 22, '2024-04-22 21:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0sb8bp/', 'Funding keeps getting more and more negative. Someone is hefty shorting this. I’m honestly confused as to why. \n\nThere’s basically never been a dump after negative funding ever so we probably moon but I’m honestly confused as to why someone is hefty shorting right after the halving', '1ca1b0m'], ['u/Plasmatica', 39, '2024-04-22 21:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0scy1b/', "If there's ever been a group of people who are constantly wrong on everything, it's that sub.\n\nThey're still shilling Cardano, Algorand and a bunch of other coins no one gives a shit about.", '1ca1b0m'], ['u/spinbarkit', 10, '2024-04-22 21:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0sdv5e/', 'reading through comments I suspect some shitcoins are older than most users', '1ca1b0m'], ['u/AccidentalArbitrage', 10, '2024-04-22 23:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ssffx/', 'Bitcoin', '1ca1b0m'], ['u/1Lost_King1', 11, '2024-04-22 23:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ca1b0m/daily_discussion_monday_april_22_2024/l0ssx22/', "I hope you loaded your bag's boys to the brim boys.", '1ca1b0m']]], ['u/NoStrangerToTheRain', 'Mom got scammed AGAIN and now I’m done', 708, '2024-04-22 07:18', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/', 'I have posted here before so maybe this is an update of sorts. My 68 year old mother is losing her mind, has been for a while now. We knew she had been conversing with several people online for over a year, most of which claimed to be famous men and all of which needed money for various things. We had been telling her since December that she was being scammed, tried involving DHR and the agency who helps protect seniors, all falling on deaf ears. Courts won’t do anything without a medical diagnosis, neurologist appointments take months so we’re just stuck trying to keep her from self destructing until then. \n\nEnd of February she finally admits she needs help. Actually she called my brother and said she was broke and he needed to fix it, but we’ll say that was asking for help. Per the bank, her home was a few hours from going into foreclosure on the day we got the call from her, and her utilities were turned off the very next week. She has over $100k in credit card debt, most of it from sending these men pictures of every single credit card she has. She also gave them all of her bank account information and sent at least $30k in cash via Bitcoin ATMs or prepaid gift cards. I’m not sure I’ll ever know exactly what she has spent on them, but I do know she owes $7k in taxes this year from all the withdrawals she made to her retirement, which she freely admits she sent to these men. She also still swears every one of them are actually all the celebrities they claim to be, and still truly believes one of them is the love of her life. \n\nMy brother and I told her the only way we’d help is if she gave us power of attorney, which she did. We then caught up her house payments and reconnected the utilities. I have been going through her bills as I pay all of them and trying to help her budget, including finding her cheaper internet, TV and cell phone plans so she’ll be able to pay her own bills going forward on her fixed income. She has been beyond nasty to me every step of the way, telling me what a disappointment I am and she wishes I was never born. There have been suicide threats, to which she laughed in my face and told the police she would never do anything that dramatic. She calls me almost daily and tells me she fell, only for myself or the ambulance to rush over and have her admit she wasn’t actually hurt but was hoping a trip to the ER would get her pain meds. I took her phone, created a new Apple ID and had it set so she couldn’t text or call anyone not saved in her contacts and she can’t add people or numbers or apps without my approval. Only thing short of changing her number I could do to stop her contact with these scammers, she adamantly refused to change the number because she’s had that one for 30+ years. But she has still been getting hundreds of texts from 6-digit numbers, I’m guessing because she responded to them in the past so they were able to get around the block. I have told her a thousand times not to even open them, delete them or send them to junk. \n\nShe had hip replacement this past week. While in the hospital, she received a text telling her she won a free oxygen machine, call this number to claim your prize. She texts me and tells me she needs to add this number to her phone because it’s a home health medical equipment company and she wants to talk to them about LifeAlert, so I add their number. She calls and they tell her she just needs to give them her bank account information to cover the shipping…and she gives it to them. Then she calls to crow about her winnings. I call the same number, and what do you know: I’m also an instant winner if I will just give them my bank account information. Hit 0 to speak with a person and now I’ve won a free year of Direct TV. Hit 0 again and now I’ve won a free year of pest control from Terminix if I just enter my bank account information. So a total scam that my mother has again fallen for while laying in her hospital bed recovering from surgery. Like the last two months didn’t happen, like she has learned nothing from this whole experience. She does not even NEED an oxygen machine, but decided that since her parents had breathing issues at the end of their lives and because it was free, this opportunity was too good to pass up in case she needs one later. She tells me to “just call them back and cancel,” because I’m sure the kind phone scammers will totally forget your bank account if I just ask nicely. \n\nI get it, this is the new normal for her. She no longer possesses the mental capacity to understand real from fake and she will continue to fall for stuff like this as long as she’s alive. And I can’t do anything to stop it. I can just crawl along behind her and try to fix it while hoping she shows up to the neuro in May so I can get the courts to intervene. She will always be a danger to herself and her own wellbeing, with the added bonus of being awful to me every step of the way. \n\nSo I have decided I am done trying to save her from herself. I’m opening another new bank account for her tomorrow and putting what little money she still has in it. I have turned off all the automatic payments that have been coming out of my account and will be turning off all of the parental controls I had established on her electronics. And then I’m telling her good luck, don’t call me when you’re on fire again. And then I’m blocking her on my phone. My brother and I believe she’ll be in a mess again by the 4th of July. Her problem, not ours. \n\nI have had a heart problem for two years now, inappropriate sinus tachycardia that isn’t responding to medications. Both of my cardiologists have told me that stress is exacerbating my condition. I’ve lost 25 pounds over the last three months which I’m also chalking up to stress. I literally cannot explain the peace I feel in my soul tonight knowing that I have done everything I could for this woman and now I just get to be done tomorrow. It’s complicated and sad and disappointing, because oh how I have tried to help her and I know how this will end. But it’s also so very calming to know that I’m done. I’m FREE. ', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/', '1ca2njt', [['u/faeriekitteh', 532, '2024-04-22 07:30', 'https://www.reddit.com/r/entitledparents/comments/1ca2njt/mom_got_scammed_again_and_now_im_done/l0pbpg9/', "I read your post. Holy crap, she is off the rails. It's hard to tell what is causing it, but I wouldn't be surprised if it was something like dementia.\n\nYou've done everything you can. Unfortunately, there comes a time when you need to do what you can to save yourself.\n\nAs the saying goes - you can le... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['April 22 (UPI) --Independent presidential candidate Robert F. Kennedy Jr. said he would put the nation\'s budget on blockchain to increase government transparency and end corruption.\n"I\'m going to put the entire U.S. budget on blockchain so that every American -- every American can look at every budget item in the entire budget anytime they want 24 hours a day," Kennedytold a crowdSunday at a rally in Michigan.\nPutting the U.S. budget on blockchain would put it into a ledger of transactions associated with Bitcoin and other cryptocurrencies, allowing American taxpayers to track spending.\n"We\'re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody\'s gonna know about it," Kennedy said, referencing reports that the Pentagon paid $640 per toilet seat in the 1980s and $10,000 each to replace toilet seats in 2018.\nLast week, Kennedy, 70,qualified for Michigan\'s2024 presidential ballot. The environmental lawyer, who is vocally anti-vaccine, has also qualified for the ballot in Hawaii and Utah. His campaign has said that he has enough signatures to qualify for the ballot in North Carolina, New Hampshire, Nevada, Nebraska, Idaho and Iowa.\nKennedy, who originally launched his campaign as a Democrat before switching to an Independent, named California entrepreneur and lawyer Nicole Shanahan as hisvice presidential running matelast month, saying she "shares my indignation of big tech" as well as his disdain for "information warfare that our government is currently waging against the American people."\nKennedy, who is running against President Joe Biden with the Democratic nomination and former President Donald Trump with the Republican nomination, is the only presidential candidate to publicly endorse Bitcoin and even accepted Bitcoin campaign donations.\nIf elected, Kennedy has said he plans to back the U.S. dollar with Bitcoin. He also vowed to end Federal Reserve efforts to move toward a central bank digital currency, claiming it would infringe on privacy and would be "acalamity for human rightsand for civil rights."', "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively. However,PEPE, a leading Ethereum-based memecoin is emerging as one of the best performers among the top 100 coins by market capitalization. Over the past 24 hours, PEPE's price has spiked from $0.00000572 to its current value of $0.000006793, marking a remarkable 10.25% surge. In the past seven days, it has seen an impressive 35% jump.\nThe recent surge in price follows theannouncementby Coinbase International, the global arm of the largest U.S. crypto exchange, regarding the listing of PEPE perpetual contracts. This move is particularly significant as it increases liquidity and exposure for the asset. Initially scheduled for April 18, the opening of Coinbase's 1000PEPE-PERP market was delayed due to technical reasons. However, trading is now set to commence on Tuesday, April 23.\nThe news of Coinbase's listing was met with great enthusiasm across Crypto Twitter. Coinbase also revealed plans for perpetual futures involving Dogwifhat (WIF), a prominent Solana memecoin, with trading slated to begin on April 25.\nPEPE rallied by over 700% from the end of February on the back of a memecoin trading frenzy in the crypto markets. However, it underwent a significant correction since touching an all-time highs of $0.00001074 on March 14, retracing by almost 50%. Currently, PEPE’s futures contractssawa 25% increase in open interest, totalling $224.50 million.", 'Following a period of losses, U.S. stocks showed resilience with the S&P 500 closing higher on Monday, as investors shift their focus to upcoming earnings reports from major companies. This renewed interest in corporate performance highlights the importance of understanding factors like insider ownership and earnings growth potential in selecting stocks during uncertain economic times.\n[{"Name": "PDD Holdings (NasdaqGS:PDD)", "Insider Ownership": "33.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Atour Lifestyle Holdings (NasdaqGS:ATAT)", "Insider Ownership": "28.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Li Auto (NasdaqGS:LI)", "Insider Ownership": "31.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Super Micro Computer (NasdaqGS:SMCI)", "Insider Ownership": "14.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Alkami Technology (NasdaqGS:ALKT)", "Insider Ownership": "14.4%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Cipher Mining (NasdaqGS:CIFR)", "Insider Ownership": "19.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Carlyle Group (NasdaqGS:CG)", "Insider Ownership": "27.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Establishment Labs Holdings (NasdaqCM:ESTA)", "Insider Ownership": "11.2%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "BBB Foods (NYSE:TBBB)", "Insider Ownership": "23.8%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "EHang Holdings (NasdaqGM:EH)", "Insider Ownership": "33%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}]\nClick here to see the full list of 135 stocks from our Fast Growing Companies With High Insider Ownership screener.\nUnderneath we present a selection of stocks filtered out by our screen.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:TeraWulf Inc., along with its subsidiaries, functions as a digital asset technology company in the United States, with a market capitalization of approximately $779.77 million.\nOperations:The company generates revenue primarily from digital currency mining, which amounted to $69.23 million.\nInsider Ownership:20.9%\nEarnings Growth Forecast:132.9% p.a.\nTeraWulf, trading 84.9% below its estimated fair value, is poised for substantial growth with earnings expected to increase significantly. Despite recent shareholder dilution and a volatile share price, the company\'s revenue growth forecast at 49.7% annually surpasses the US market average. Recent actions include repaying US$30.1 million of debt and expanding share authorization to support growth initiatives, aligning with its strategic goals to enhance infrastructure capacity significantly by 2025.\n• Navigate through the intricacies of TeraWulf with our comprehensive analyst estimates report here.\n• Our valuation report here indicates TeraWulf may be undervalued.\nSimply Wall St Growth Rating:★★★★★★\nOverview:Cipher Mining Inc. operates large-scale bitcoin mining data centers in the United States and has a market capitalization of approximately $1.33 billion.\nOperations:The company generates its revenue primarily from software and programming, totaling approximately $126.84 million.\nInsider Ownership:19.6%\nEarnings Growth Forecast:75% p.a.\nCipher Mining, significantly undervalued at 76.5% below its estimated fair value, is on a trajectory to profitability within three years, outpacing average market growth expectations. Despite facing shareholder dilution and possessing less than a year of cash runway, the company\'s revenue has surged by an impressive rate over the past year and is projected to grow at 35.5% annually. Recent operational results include producing 316 BTC in March 2024, with ongoing adjustments in treasury management evidenced by the sale of 8 BTC.\n• Unlock comprehensive insights into our analysis of Cipher Mining stock in this growth report.\n• Insights from our recent valuation report point to the potential overvaluation of Cipher Mining shares in the market.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:Victory Capital Holdings, Inc. operates globally as an asset management firm, with a market capitalization of approximately $3.15 billion.\nOperations:The firm generates revenue primarily through providing investment management services and products, totaling $821.03 million.\nInsider Ownership:12.1%\nEarnings Growth Forecast:28.1% p.a.\nVictory Capital, a diversified asset management firm with US$175 billion in client assets, recently announced a strategic alliance with Amundi, integrating Amundi US into its operations. This move not only increases Victory Capital\'s scale and diversifies its investment capabilities but also makes Amundi a significant shareholder, enhancing global distribution potential. Despite high debt levels and unstable dividend records, the company is positioned for substantial growth with forecasted earnings growth of 28.1% annually, outpacing the US market average of 14.4%.\n• Get an in-depth perspective on Victory Capital Holdings\' performance by reading our analyst estimates report here.\n• In light of our recent valuation report, it seems possible that Victory Capital Holdings is trading behind its estimated value.\n• Dive into all 135 of theFast Growing Companies With High Insider Ownershipwe have identified here.\n• Hold shares in these firms?Setup your portfolio in Simply Wall Stto seamlessly track your investments and receive personalized updates on your portfolio\'s performance.\n• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.\n• Explorehigh-performing small cap companiesthat haven\'t yet garnered significant analyst attention.\n• Fuel your portfolio withcompanies showing strong growth potential, backed by optimistic outlooks both from analysts and management.\n• Findcompanies with promising cash flow potential yet trading below their fair value.\nThis article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities.\nCompanies discussed in this article includeNasdaqCM:WULFNasdaqGS:CIFRandNasdaqGS:VCTR.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, [email protected]', 'Hanging in the back of your car. Piled in clean, white shirt boxes. Whispering by your hand in the closet, sporting clingy plastic and the promise of looking your best that day.\nDry cleaning has been a part of professional life for middle-class America for a century.\nIts future is more in doubt than ever, with challenges from regulatory issues related to laundry, the blow of COVID work stoppage and the burgeoning trend toward casual, comfortable clothing.\nEagle\xa0Cleaners in Penfield offers full service, including pick up and delivery. All the laundry is done on site. Also, they have the only 24/7 drop-off or pick-up kiosk in Upstate New York. A conveyer belt delivers clothes through a glass door.\nWhen the pandemic appeared, Michael Micciche at Eagle Cleaners lost 75% of his business. "We’re still climbing back, and we’re not back to where we were before COVID," he said.\nSome of his struggles have come from the increased prices from vendors and manufacturers. The prices have tripled. Insurance expenses have also tripled. His operating costs have increased by between 30% and 50%.\nThese are the kinds of challenges that worry people in the industry, including in Rochester.\nThe COVID-19 pandemic might have been the tipping point.\n“After the pandemic we’ve noticed more people working from home, so their wardrobe has changed because they’re going into the office less," Micciche said.\nThe clothes are more casual, and people request more wash-and-fold services.\nEagle Cleaners has one single location. They use eco-friendly chemicals such as GreenEarth.\nAll the older cities in America that are not rapidly growing, as a place like Houston or Atlanta is, will see a decline in the number of dry cleaning businesses, predicted Todd Hellman. He is president of Speedy\'s Cleaners in Rochester, which has eight total locations in the region.\nFor instance, just this month, a cleaner in western New York is shutting its doors — John Ash Cleaners in Olean. By May 1, the business will be closed.\nIf you need a shirt for work or for an event, you can wash it yourself and pay for the detergent and water and long-term investment in the washing machine. You can dry it yourself and pay for the dryer sheet and long-term investment in the dryer. You can iron it, if you can find a place to stash the ironing board when you are done.\nAnd you can spend the time. Or you can get it all done, and starched, for $4.25.\nLisa Maio, co-owner at Dryclean Express in Fairport, offers drop off, pick up and delivery and has two locations, which includes a plant and a drop store. They use eco-friendly chemicals.\nWedding season is still big, she said. The beginning of the year was busier in 2024 than in previous years.\n"We’re hanging in there," she said. The business was started three decades ago. "We’re coming back now since COVID.”\nAmerican dry-cleaning and laundry establishments (not counting coin laundromats) dropped from 27,204 in 2001 to 16,497 in 2022, data from theUS Bureau of Labor Statisticsshow.\nHellman broke it down for the Democrat and Chronicle:\n• If you have a plant for each of your branches, you\'re done. You can\'t afford the cost.\n• Closing or consolidation is part of the game. Speedy\'s Cleaners has bought three spots in the last three years — including Erwin\'s in Mendon — and plans to buy three more. "What we do is we shut their plants," Hellman explained. "We turn them into drop stores."\n• A single plant with a counter-retail front will survive if the owner\'s willing to put all their hours into it. Checking the stuff in themselves, pressing the clothes themselves. "Then he can make a good living because he\'s doing all the work," Hellman said. "If you\'re a hard worker, you could probably still establish yourself. But it\'s entrenched. We almost never think of putting a new facility somewhere."\n• Owners are aging.\n• The industry is moving toward delivery only.\n"Our long-term viability is in question to be honest with you," he said. "If you look at the decisions we\'re making — It\'s based on survival. There\'s some people I know that are going to survive. They\'re young. They do everything themselves. They still have that buoyant energy and they\'ve done some things right. But there\'s some of us who are not gonna survive, including maybe us one day."\n"For now, we\'re making all the right moves. We\'re the only people taking anybody over in the last five years in the city."\nIf someone wants to invest in the industry in western New York?\nBuy Bitcoin instead, Hellman said.\nWilliam Ramsey is an editor with the Democrat and Chronicle.\nThis article originally appeared on Rochester Democrat and Chronicle:Dry cleaning in Rochester survived COVID, mostly. What is its future?', '• Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.\n• Investor are increasingly taking direct custody of their coins, Bitfinex added.\nBitcoin\'s {{BTC}} recent mining reward halving has altered the market in such a way that it could potentially lead to cryptocurrency\'s demand being five times greater than that of supply, according to the latest projection by analysts at the crypto exchange Bitfinex.\nOn Saturday, the per-block reward paid to miners was cut in half to 3.125 BTC from 6.25 BTC. Per Bitfinex, the halving of rewards means the notional value of the total number of new coins added to the supply daily could drop to $30 million. That\'s a significant decrease, equating to five times less than the average daily demand for the U.S. spot ETFs.\n"With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based on issuance trends. It is expected that this could possibly drop over time to $30 million per day, including active and dormant supply as well as miner selling, especially as smaller miner operations are forced to shut down shop," analysts at Bitfinex said in a report shared with CoinDesk.\n"The average daily net inflows from spot Bitcoin ETFs dwarf that number at over $150 million, even though flows have moderated and even turned net negative over recent weeks," analysts added.\nThe supply squeeze has already begun. Since halving, the total number of new coins added to the supply daily has dropped to 450 BTC (nearly $30 million) from the pre-halving four-year average of around 900 BTC, data from Glassnode show.\nNearly a dozen spot-based ETFs began trading in the U.S. on Jan. 11, allowing investors to take exposure to cryptocurrency without owning it. Bitfinex is assuming that the average daily inflows into ETFs since inception will remain constant in the coming months.\nWhile it remains to be seen if they do, miner selling could slow. Miners or entities responsible for minting coinsran downtheir coin inventory in months leading up to the halving to fund equipment upgrades to ensure post-halving sustainability of operations. Data tracked byGlassnodeshow that in six months leading up to the halving, the number of coins held in wallets tied to miners fell by over 18,000 BTC to 1.82 million BTC.\nLastly, according to Bitfinex, investors are again increasingly taking direct custody of their coins, weakening the market\'s supply side.\n"Current on-chain data indicates that Bitcoin exchange outflows are reaching peaks not seen since January 2023, suggesting that many investors are moving their holdings to cold storage in anticipation of price increases," analysts at Bitfinex said.\n"Meanwhile, the active selling by long-term holders has not precipitated the typical pre-halving price drop yet, indicating a robust absorption of this selling pressure by new market entrants," analysts added.\nBitcoin changed hands at $66,660 at press time, up over 5% since halving, defying expectations of a price correction. The CoinDesk 20 Index, a broader market gauge, has risen nearly 7%,CoinDesk data show.', '• Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.\n• Investor are increasingly taking direct custody of their coins, Bitfinex added.\nBitcoin\'s {{BTC}} recent mining reward halving has altered the market in such a way that it could potentially lead to cryptocurrency\'s demand being five times greater than that of supply, according to the latest projection by analysts at the crypto exchange Bitfinex.\nOn Saturday, the per-block reward paid to miners was cut in half to 3.125 BTC from 6.25 BTC. Per Bitfinex, the halving of rewards means the notional value of the total number of new coins added to the supply daily could drop to $30 million. That\'s a significant decrease, equating to five times less than the average daily demand for the U.S. spot ETFs.\n"With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based on issuance trends. It is expected that this could possibly drop over time to $30 million per day, including active and dormant supply as well as miner selling, especially as smaller miner operations are forced to shut down shop," analysts at Bitfinex said in a report shared with CoinDesk.\n"The average daily net inflows from spot Bitcoin ETFs dwarf that number at over $150 million, even though flows have moderated and even turned net negative over recent weeks," analysts added.\nThe supply squeeze has already begun. Since halving, the total number of new coins added to the supply daily has dropped to 450 BTC (nearly $30 million) from the pre-halving four-year average of around 900 BTC, data from Glassnode show.\nNearly a dozen spot-based ETFs began trading in the U.S. on Jan. 11, allowing investors to take exposure to cryptocurrency without owning it. Bitfinex is assuming that the average daily inflows into ETFs since inception will remain constant in the coming months.\nWhile it remains to be seen if they do, miner selling could slow. Miners or entities responsible for minting coinsran downtheir coin inventory in months leading up to the halving to fund equipment upgrades to ensure post-halving sustainability of operations. Data tracked byGlassnodeshow that in six months leading up to the halving, the number of coins held in wallets tied to miners fell by over 18,000 BTC to 1.82 million BTC.\nLastly, according to Bitfinex, investors are again increasingly taking direct custody of their coins, weakening the market\'s supply side.\n"Current on-chain data indicates that Bitcoin exchange outflows are reaching peaks not seen since January 2023, suggesting that many investors are moving their holdings to cold storage in anticipation of price increases," analysts at Bitfinex said.\n"Meanwhile, the active selling by long-term holders has not precipitated the typical pre-halving price drop yet, indicating a robust absorption of this selling pressure by new market entrants," analysts added.\nBitcoin changed hands at $66,660 at press time, up over 5% since halving, defying expectations of a price correction. The CoinDesk 20 Index, a broader market gauge, has risen nearly 7%,CoinDesk data show.', 'Just about everyone agrees that the no-brainer cryptocurrency to buy right now isBitcoin(CRYPTO: BTC). Not only is Bitcoin getting a huge lift from the recent introduction of the new spot Bitcoin ETFs, there\'s also thehalving, which is generally viewed as a very bullish catalyst. Combined, these two factors should continue to send Bitcoin higher this year.\nBut don\'t sleep on the rest of the crypto market. Previous Bitcoin halving cycles have led to huge, once-in-a-lifetime gains for topaltcoinsas well. With that in mind, the one altcoin on my radar right now isSolana(CRYPTO: SOL).\nThe core investment thesis for Solana is that it has the potential to become the nextEthereum(CRYPTO: ETH). Both are smart contract blockchain networks, which makes them the core building blocks for everything that happens in the blockchain world. While Ethereum has been the undisputed market leader in this category for nearly a decade, Solana has already acquired the label of an "Ethereum-killer."\nIn terms of market cap, of course, Ethereum still dwarfs Solana. Ethereum has a market cap of $369 billion, while Solana has a market cap of $64 billion. But just one year ago, Solana\'s market cap was only $9 billion, so the gap is rapidly narrowing. A lot of that has to do with how fast Solana is growing across every major blockchain category. If this growth trajectory continues, Solana might one day overtake Ethereum.\nAnd it\'s not just me saying this. Some of the smartest people on Wall Street are saying this. Cathie Wood of Ark Invest, for example, has called Solana a faster, cheaper, and more efficient version of Ethereum. Basically, anything that Ethereum can do, Solana can do better. As that message gets out to a wider audience, I think we\'re going to see a migration of users and developers from the Ethereum blockchain ecosystem to the Solana blockchain ecosystem.\nIf you look at institutional inflows and outflows of specific cryptocurrencies, the picture becomes even more compelling for Solana. According to CoinShares, which tracks these institutional inflows and outflows, Solana saw inflows throughout 2023, while Ethereum was seeing outflows. As they say, always follow the money. The smart money seems to be going to Solana.\nMy primary concern about Solana is that it seems to have cooled off considerably from the pace it set last year. In 2023, Solana soared more than 900%, making it easily one of the top-performing cryptos. This year, Solana is "only" up 45%. Of potentially greater concern, it is actually down 22% over the past 30 days.\nThat being said, Solana is currently trading 44% below its all-time high of $260, so there could be more upside potential ahead. If you buy into the concept of a rising tide lifting all boats, then the Bitcoin halving might be enough to help Solana regain its all-time high sooner than anyone expected.\nOne clue as to how much higher Solana might go in this Bitcoin halving cycle actually comes from Ethereum. During the previous Bitcoin halving cycle in 2020, Ethereum turned in an absolutely heroic performance. It was the altcoin to own if you wanted to see truly life-changing gains in your portfolio. On May 11, 2020 (the date of the third Bitcoin halving), Ethereum was trading for $185. One year later, it was trading for $3,720. That\'s an incredible 20x return on your investment in just 12 months!\nThat\'s not to say that Solana is going to 20x in value after this Bitcoin halving, but it does give you an idea of just how much of an effect the halving can have on specific altcoins. Too many investors assume that the Bitcoin halving only benefits Bitcoin, but nothing could be further from the truth.\nBut there are some potential red flags for Solana. For example, the blockchain still has occasional outages that can last for hours at a time. While Solana says it is working on this, this is an issue that has persisted for nearly two years. The other red flag is that much of the growth at Solana appears to be driven by speculative meme coin mania. Over the long term, that\'s not sustainable.\nIf you are thinking about investing in Solana, the one question to ask yourself is: Can Solana really become the next Ethereum? If the answer is "Yes," then this is absolutely the one cryptocurrency that you should be buying right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now (Hint: It\'s Not Bitcoin)was originally published by The Motley Fool', 'Just about everyone agrees that the no-brainer cryptocurrency to buy right now isBitcoin(CRYPTO: BTC). Not only is Bitcoin getting a huge lift from the recent introduction of the new spot Bitcoin ETFs, there\'s also thehalving, which is generally viewed as a very bullish catalyst. Combined, these two factors should continue to send Bitcoin higher this year.\nBut don\'t sleep on the rest of the crypto market. Previous Bitcoin halving cycles have led to huge, once-in-a-lifetime gains for topaltcoinsas well. With that in mind, the one altcoin on my radar right now isSolana(CRYPTO: SOL).\nThe core investment thesis for Solana is that it has the potential to become the nextEthereum(CRYPTO: ETH). Both are smart contract blockchain networks, which makes them the core building blocks for everything that happens in the blockchain world. While Ethereum has been the undisputed market leader in this category for nearly a decade, Solana has already acquired the label of an "Ethereum-killer."\nIn terms of market cap, of course, Ethereum still dwarfs Solana. Ethereum has a market cap of $369 billion, while Solana has a market cap of $64 billion. But just one year ago, Solana\'s market cap was only $9 billion, so the gap is rapidly narrowing. A lot of that has to do with how fast Solana is growing across every major blockchain category. If this growth trajectory continues, Solana might one day overtake Ethereum.\nAnd it\'s not just me saying this. Some of the smartest people on Wall Street are saying this. Cathie Wood of Ark Invest, for example, has called Solana a faster, cheaper, and more efficient version of Ethereum. Basically, anything that Ethereum can do, Solana can do better. As that message gets out to a wider audience, I think we\'re going to see a migration of users and developers from the Ethereum blockchain ecosystem to the Solana blockchain ecosystem.\nIf you look at institutional inflows and outflows of specific cryptocurrencies, the picture becomes even more compelling for Solana. According to CoinShares, which tracks these institutional inflows and outflows, Solana saw inflows throughout 2023, while Ethereum was seeing outflows. As they say, always follow the money. The smart money seems to be going to Solana.\nMy primary concern about Solana is that it seems to have cooled off considerably from the pace it set last year. In 2023, Solana soared more than 900%, making it easily one of the top-performing cryptos. This year, Solana is "only" up 45%. Of potentially greater concern, it is actually down 22% over the past 30 days.\nThat being said, Solana is currently trading 44% below its all-time high of $260, so there could be more upside potential ahead. If you buy into the concept of a rising tide lifting all boats, then the Bitcoin halving might be enough to help Solana regain its all-time high sooner than anyone expected.\nOne clue as to how much higher Solana might go in this Bitcoin halving cycle actually comes from Ethereum. During the previous Bitcoin halving cycle in 2020, Ethereum turned in an absolutely heroic performance. It was the altcoin to own if you wanted to see truly life-changing gains in your portfolio. On May 11, 2020 (the date of the third Bitcoin halving), Ethereum was trading for $185. One year later, it was trading for $3,720. That\'s an incredible 20x return on your investment in just 12 months!\nThat\'s not to say that Solana is going to 20x in value after this Bitcoin halving, but it does give you an idea of just how much of an effect the halving can have on specific altcoins. Too many investors assume that the Bitcoin halving only benefits Bitcoin, but nothing could be further from the truth.\nBut there are some potential red flags for Solana. For example, the blockchain still has occasional outages that can last for hours at a time. While Solana says it is working on this, this is an issue that has persisted for nearly two years. The other red flag is that much of the growth at Solana appears to be driven by speculative meme coin mania. Over the long term, that\'s not sustainable.\nIf you are thinking about investing in Solana, the one question to ask yourself is: Can Solana really become the next Ethereum? If the answer is "Yes," then this is absolutely the one cryptocurrency that you should be buying right now.\nBefore you buy stock in Solana, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Solana wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Now (Hint: It\'s Not Bitcoin)was originally published by The Motley Fool', 'GZIRA,Malta,April 23, 2024/PRNewswire/ --SOFTSWISS,a leading global software supplierwith 15 years of experience, announces the appointment of racing legend Rubens Barrichello as its Non-Executive Director inLatin America.Barrichello\'s victorious Formula 1 legacy, coupled with his influential persona, will be crucial in furthering SOFTSWISS\' mission to authentically connect with the local tech community and build a robust presence in the region.\nAs a top performer in an extremely competitive tech sphere, Rubens Barrichellobrings leadership wisdom and best teamwork practices to the SOFTSWISS table.His deep-rooted experience in sports will provide SOFTSWISS with valuable insights to elevate its sportsbettingplatform and other products to new heights, continuing the company\'s contribution to reshaping the iGaming industry with innovations. Also, in his commitment to effecting positive change,\xa0Barrichello will advocate responsiblegamblingalongside SOFTSWISS experts.\nThe appointment of Rubens Barrichello is the next strategic step for SOFTSWISS inLatin America, especially inBrazil\'sfast-growing market. According to TGM Research, the gross revenue of the iGaming industry inBrazilis estimated to be2.3\xa0billion euro by 2026, having the potential to represent 1% ofBrazil\'sGross Domestic Product (GDP) of1.5 trillion euro.\nIvan Montik, Founder of SOFTSWISS,comments: "SOFTSWISS welcomes Rubens Barrichello on board! Having him join our team is a strategic step for us. Barrichello\'s collaborative prowess on the racing track in a highly competitive tech sphere, resulting in team victories, mirrors SOFTSWISS\' partnership approach. His involvement testifies to our commitment toBraziland helps us adapt the best global practices to the local market."\nRubens Barrichello, Non-Executive Director inLatin Americaat SOFTSWISS,adds: "The iGaming field has shown remarkable growth both inBraziland globally. Joining SOFTSWISS, I am delighted to become one of the drivers of this process inLatin America! I am sure my background with the leading racing team will propel the iGaming tech leader towards success in the region."\nAbout SOFTSWISS\nSOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based inMalta,PolandandGeorgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. In 2013, SOFTSWISS was the first in the world\xa0to introduce aBitcoin-optimised iGaming solution.\nPhoto -https://mma.prnewswire.com/media/2394014/Barrichello_Joins_SOFTSWISS.jpg\nView original content to download multimedia:https://www.prnewswire.com/news-releases/racing-icon-barrichello-joins-tech-company-softswiss-as-non-executive-director-in-latin-america-302124398.html\nSOURCE SOFTSWISS', "As you may have heard, the halving ofBitcoin(CRYPTO: BTC)means that mining the coin will yield half as many tokens as before. Many people expect that this will drive the cryptocurrency's price upward, as supply growth slows.\nBut the halving isn't the only factor potentially lifting Bitcoin prices over time. Here are three other elements you may not have considered that strengthen the bull case for investing.\nEveryone's acquainted withinflationby now. The precise figures don't even matter much: Prices are higher, and dollars simply don't go as far as they used to. The expectation that this will continue is real, at least for the moment.\nJust look at this chart:\nThe psychological shock of inflation during the past few years will doubtlessly continue to change investing and spending habits. Investors and households allocating more capital to stable assets that can retain their value is a given. But traditional safe haven assets like real estate are extraordinarily expensive relative to incomes at the moment due to theFederal Reserve's policy of using higher interest rates to tamp down on inflation.\nOther somewhat stable assets, like gold, are on a tear right now too:\nStill, the average investor may feel ill-equipped to buy precious metals. Transacting in physical gold is a fairly high-friction process, and buying equities or other financialized assets based on gold may not provide the level of control over the asset that investors desire.\nBitcoin, however, has no such drawbacks. Many people can buy it right from their brokerage accounts now thanks to exchange-traded funds (ETFs) like theGrayscale Bitcoin Trust, though for those who prefer to retain full custody of their coins, it's still a touch more complicated.\nIs Bitcoin an actual hedge against inflation? The issue isn't clear at all, and the jury will be out for at least a few more years. The more important thing is that there are people who believe it's a hedge, and that population appears to be growing, which will put some upward pressure on the coin's price.\nBitcoin isn't an obscure technology project anymore. It's mainstream, and becoming increasingly widely distributed. The benefits of this process have only started to pay off in terms of a higher coin price.\nWall Street banks are now involved in complicated financial engineering schemes to legally trade it via ETFs, and Main Street investors are buying it to hold for upside exposure over the long term. Financial technology companies are building projects on blockchains left and right. And regulators at the Securities and Exchange Commission (SEC) are working with market participants to construct the frameworks for defining fair play.\nIn other words, Bitcoin's level of social proof is only growing. Enough people are willing to accept that it's a store of value that it is now unreasonable to say that it has no real value.\nWhat's especially favorable is that Bitcoin's protocol is quite difficult to alter, as consensus among many disparate parties would be necessary to do so. So the risk of unfavorable and value-destroying changes happening is low, which makes it a more appealing platform for conservative investors and speculators alike.\nIt's obvious that Bitcoin is a frontier risk asset. Its price is perennially volatile in part because there is no consensus about how it should be valued.\nBut its supply is finite, and this halving won't be the last one for Bitcoin. There are only 21 million Bitcoins that can ever exist. ByCoinbase's estimates, all of the mineable Bitcoins will be mined by the year 2140.\nAt that point, price discovery will have a chance to reach a long-term equilibrium. Until then, assuming that demand continues to exist, the price is much more likely to rise over time than to fall to zero.\nIn the shorter term, people's appetite for risk taking will be an adequate driver of demand. As shown by the meteoric rise of sports betting applications and investing in highly speculative cryptocurrencies like meme coins, investors are looking for the opportunity to pay a small amount and get a huge amount in return -- or zero.\nBitcoin's reputation as a risky asset makes it the obvious contender for capturing some of those inflows, and for those willing to hold it for the long term, it's also likely a better option than the riskier plays.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Key Factors Other Than the Halving That Will Drive Bitcoin Higher Until the Cows Come Homewas originally published by The Motley Fool", "As you may have heard, the halving ofBitcoin(CRYPTO: BTC)means that mining the coin will yield half as many tokens as before. Many people expect that this will drive the cryptocurrency's price upward, as supply growth slows.\nBut the halving isn't the only factor potentially lifting Bitcoin prices over time. Here are three other elements you may not have considered that strengthen the bull case for investing.\nEveryone's acquainted withinflationby now. The precise figures don't even matter much: Prices are higher, and dollars simply don't go as far as they used to. The expectation that this will continue is real, at least for the moment.\nJust look at this chart:\nThe psychological shock of inflation during the past few years will doubtlessly continue to change investing and spending habits. Investors and households allocating more capital to stable assets that can retain their value is a given. But traditional safe haven assets like real estate are extraordinarily expensive relative to incomes at the moment due to theFederal Reserve's policy of using higher interest rates to tamp down on inflation.\nOther somewhat stable assets, like gold, are on a tear right now too:\nStill, the average investor may feel ill-equipped to buy precious metals. Transacting in physical gold is a fairly high-friction process, and buying equities or other financialized assets based on gold may not provide the level of control over the asset that investors desire.\nBitcoin, however, has no such drawbacks. Many people can buy it right from their brokerage accounts now thanks to exchange-traded funds (ETFs) like theGrayscale Bitcoin Trust, though for those who prefer to retain full custody of their coins, it's still a touch more complicated.\nIs Bitcoin an actual hedge against inflation? The issue isn't clear at all, and the jury will be out for at least a few more years. The more important thing is that there are people who believe it's a hedge, and that population appears to be growing, which will put some upward pressure on the coin's price.\nBitcoin isn't an obscure technology project anymore. It's mainstream, and becoming increasingly widely distributed. The benefits of this process have only started to pay off in terms of a higher coin price.\nWall Street banks are now involved in complicated financial engineering schemes to legally trade it via ETFs, and Main Street investors are buying it to hold for upside exposure over the long term. Financial technology companies are building projects on blockchains left and right. And regulators at the Securities and Exchange Commission (SEC) are working with market participants to construct the frameworks for defining fair play.\nIn other words, Bitcoin's level of social proof is only growing. Enough people are willing to accept that it's a store of value that it is now unreasonable to say that it has no real value.\nWhat's especially favorable is that Bitcoin's protocol is quite difficult to alter, as consensus among many disparate parties would be necessary to do so. So the risk of unfavorable and value-destroying changes happening is low, which makes it a more appealing platform for conservative investors and speculators alike.\nIt's obvious that Bitcoin is a frontier risk asset. Its price is perennially volatile in part because there is no consensus about how it should be valued.\nBut its supply is finite, and this halving won't be the last one for Bitcoin. There are only 21 million Bitcoins that can ever exist. ByCoinbase's estimates, all of the mineable Bitcoins will be mined by the year 2140.\nAt that point, price discovery will have a chance to reach a long-term equilibrium. Until then, assuming that demand continues to exist, the price is much more likely to rise over time than to fall to zero.\nIn the shorter term, people's appetite for risk taking will be an adequate driver of demand. As shown by the meteoric rise of sports betting applications and investing in highly speculative cryptocurrencies like meme coins, investors are looking for the opportunity to pay a small amount and get a huge amount in return -- or zero.\nBitcoin's reputation as a risky asset makes it the obvious contender for capturing some of those inflows, and for those willing to hold it for the long term, it's also likely a better option than the riskier plays.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Key Factors Other Than the Halving That Will Drive Bitcoin Higher Until the Cows Come Homewas originally published by The Motley Fool", 'CHICAGO, MILWAUKEE and NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of theYieldMax™ Bitcoin Option Income Strategy ETF (NYSE Arca: YBIT).\nYBITseeks to generate current income via a synthetic covered call strategy on one or more select U.S.-listed exchange-traded products that seek exposure to Bitcoin (each a “Bitcoin ETP”).YBITis actively managed by ZEGA Financial.\nWhen selecting Bitcoin ETPs on which to trade options, ZEGA focuses primarily on Last 60 Days of Bitcoin's Closing Prices: [50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-23 Financial & Commodity Data: - Gold Closing Price: $2327.70 - Crude Oil Closing Price: $83.36 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,305,205,570,594 - Hash Rate: 721458957.5903468 - Transaction Count: 927010.0 - Unique Addresses: 441797.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks dropped on Monday as investors await a key February inflation report. • The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates. • CPI year-over-year is expected to hit 3.1%, which is just above the Fed's long-term 2% target. US stocks slipped on Monday as investors awaited the release of a key inflation report. The February CPI report will be released Tuesday morning, and it will help inform investors when the Federal Reserve might cut interest rates. The median forecast suggests year-over-year CPI will hit 3.1%, which still above the Fed's long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would be in line with the hotter-than-expected January CPI report. "We lean towards this being a 'hot' CPI print, meaning the inflation for Feb core CPI likely is above the Street's +0.30% MoM," Fundstrat's Tom Lee told clients in a note on Monday. If the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: • S&P 500:5,110.11, down 0.26% • Dow Jones Industrial Average:38,665.47, down 0.15% (-57.22 points) • Nasdaq Composite:16,005.57, down 0.45% Here's what else is going on today: • Bitcoin hit a record high on Monday when it jumped above the $72,000 level. The upcoming halving event has generated excitement for the cryptocurrency. • Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines. • No interest rate cuts in 2024 wouldn't spell doom for the broader stock market,according to billionaire investor Ken Fisher. In commodities, bonds, and crypto: • West Texas Intermediatecrude oil fell 0.54% to $77.59 a barrel.Brent crude, the international benchmark, dropped 0.39% to $81.76 a barrel. • Golddeclined by 0.06% to $2,184.10 per ounce. • The 10-year Treasury yield was flat at 4.08%. • Bitcoinjumped 4.67% to $72,244. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/TypicalAd3689', '🫡', 36, '2024-04-23 01:04', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', 'Strap in yall $BTC is looking good and $CKB is holding steady. ', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', '1cap02q', [['u/zan1019', 11, '2024-04-23 02:11', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0tesj7/', "Ready for liftoff, going to be an exciting end of the year going into '25", '1cap02q'], ['u/Jolly_Schedule5772', 11, '2024-04-23 04:06', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0twaoc/', "If meme coins can have +40B market caps, I think CKB can, too. Especially because it brings so much more value to btc, which all coins follow in price trends already. The killer is that ckb is not even built specifically to be a btc L2, but it is perfect for that job naturally. It's an L1 that brings more to the table than many 50B L1's even do.\n\nTime is the only thing in question here tbh.", '1cap02q']]], ['u/Top_Personality_6560', 'Can someone explain why quantum computing is not a threat?', 169, '2024-04-23 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', 'For the record, I’m a big believer in bitcoin and plan to hold for the long term. However, I do think quantum computing poses a significant risk. I hear people discuss that we will simply switch to a quantum proof hashing algorithm when the time comes which is fine.\n\nHowever, everyone seems to gloss over the dead coins that will not be updated to these algorithms making them vulnerable. These coins (including satoshis) will most likely be stolen and dumped on the market crashing the price. (Governments will likely have incentive to do this as well.)\n\nI understand this won’t happen until at least 5-10 years from now, but knowing that the event WILL occur at some point does seem to be concerning. Can someone please explain why this is not a threat for a long term investor (my plan is to never stop DCAing).', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', '1capl5y', [['u/volocom7', 477, '2024-04-23 01:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9p54/', 'A computational advancement that could break the security of Bitcoin would also be able to break every other cyber security on the planet. This includes your standard banks.\n\nBitcoin would be the last of your problems. \n\nBecause of this, I view it as negligible. To me it’s the same as saying what if a comet destroyed the earth and everyone on it? Bitcoin would be dead!', '1capl5y'], ['u/Top_Personality_6560', 27, '2024-04-23 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9y90/', 'I do agree with you. But banks and all other centralized systems can upgrade after the vulnerability is discovered. Bitcoins dead coins do not have that luxury. That’s the primary concern to me.', '1capl5y'], ['u/iratezero', 57, '2024-04-23 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tauyf/', 'You just answered your own question. Bitcoin can be updated (with consensus) to be quantum resistant in the same way.', '1capl5y'], ['u/pdx1086', 40, '2024-04-23 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tbvqc/', 'Andreas has covered this question ad nauseam. multiple vids on yt', '1capl5y'], ['u/Tvmouth', 16, '2024-04-23 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tc2mi/', 'Quantum Computing is being treated like a new type of spyglass that looks into the future, but the technology interface is more like using a spyglass as a shelf.', '1capl5y'], ['u/ElDubardo', 11, '2024-04-23 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tlaxv/', 'Bitcoin can be updated and backtracked to a block before a quantum attack.', '1capl5y'], ['u/zzx101', 22, '2024-04-23 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tnyfe/', 'This is a good point. Conceptually, I agree there doesn’t seem to be way to secure “dead” addresses.\n\nI also don’t believe we’re 5-10 years away from this technology. Seems something like 50-100 years.', '1capl5y'], ['u/mastermilian', 16, '2024-04-23 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tp844/', "Technically speaking any code can be fixed but it's the logistics that make things difficult. For example, if there was a viable attack against existing addresses and their private keys, how would a migration occur? What would happen to lost/dead addresses that didn't migrate? If you had a cut-off date, many people would inevitably miss it and lose their coins. This isn't the same problem as a centralized bank would have. Centralized systems are going to have a lot less challenges and worst case can shut down their systems until the problem is resolved.", '1capl5y'], ['u/heyitscory', 82, '2024-04-23 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpf6k/', 'Yikes, it\'s like the thumbs up test with the mushroom cloud.\n\n\n"Of course it\'s nothing to worry about. Because if it happens, we\'re fucked."', '1capl5y'], ['u/taribor', 32, '2024-04-23 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpnv9/', 'Qantum computing is a threat vector in anywhere from 2-10 years. To deny/ignore that is a serious mistake in my humble opinion. There are projects out there (disclaimer - I own QANX, a layer one quantum project but there are others as well) working to address it and if you talk to cryptographers, there are ways to mitigate near term attacks, but they involve hard forks and do nothing to secure dormant btc wallets. NSC has been on top of it as well. The old argument "when quantum hacks come we are all screwed anyway" is simply not true. Longer term, it is the old sword and shield analogy.....hackers will hack and cybersecurity will catch up, and the cycle will go on. Personally, I don\'t dwell on it but when I see intel agencies and countries taking it seriously, so do I.', '1capl5y'], ['u/F0rtysxity', 12, '2024-04-23 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ttkd0/', "A) as other pointed out it would/could destroy any computational records.\n\nB) devs (with miners) could always agree to roll back the Bitcoin ledger to the date before the 'hack' occurred. They could develop a new level of encryption and then fork the Bitcoin ledger at the kosher date. It would be messy. Any legitimate transactions made after that date would be lost. But believe that would be the way to go about it.", '1capl5y'], ['u/analogOnly', 17, '2024-04-23 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tw998/', "> but it's the logistics that make things difficult.\n\nNot really, EVERYONE's bitcoin would be at stake. So there's A LOT of incentive to fix it before it becomes a real problem. \nThere are several quantum resistant and quantum proof algorithms that can be utilized. It would require a hardfork, but given the danger I think it wouldn't be difficult to get consensus of everyone on the new fork.", '1capl5y'], ['u/ju5tjame5', 11, '2024-04-23 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u2spn/', "I believed this as well before I did more research. For the past decade or so, they've been in the process of upgrading everything to a different form of encryption that can't be broken by quantum computing.", '1capl5y'], ['u/LongLonMan', 17, '2024-04-23 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u43gy/', 'It’s closer than you think', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u92r2/', 'Bingo. This is the perfect response to a lazy parroted answer likely given by someone who knows nothing about SHA-256. \n\nBanks can upgrade overnight because they are centralized and can also reverse transactions, while Bitcoin has to fight another fork war for years before this gets decided, with no way to reverse the transactions from theft that happened during this interim period. \n\nThe fact that guy compared cracking SHA-256 to a comet wiping out the earth is just absolutely comical, especially when it’s guaranteed to happen by the end of this decade. \n\nYou asked a super legitimate question and of course, you’re getting lazy answers that parrot the mainstream view from people who know absolutely nothing about encryption and parrot what they heard from their local crypto trading bro.', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u9b1s/', 'The banks could adopt this overnight, but Bitcoiners would have to fight a multi year fork war to decide whose solution to the quantum problem is the best. Decentralization is great for censorship resistant, but not so great at dealing with existential threats because of the collective action problem.', '1capl5y'], ['u/BigTimeButNotReally', 14, '2024-04-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uc80z/', "Said every tech person, about every tech thing ever. I've got news for you: it's farther off than you think.", '1capl5y'], ['u/Ok-Two3581', 21, '2024-04-23 06:09', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0udav8/', 'This comment is absolutely irrelevant. Quantum computers don’t need to operate at 0K. What the fuck are you talking about?', '1capl5y'], ['u/Yung-Split', 10, '2024-04-23 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uewmm/', "Or if you have old ass btc from 2009 that hasn't moved, which is... a lot of it unsurprisingly", '1capl5y'], ['u/saucedonkey', 28, '2024-04-23 06:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ufn2k/', 'There aren’t enough squarbeeziels in the schlampulator to invert the hybernetic quapulator.', '1capl5y'], ['u/kombosorg', 10, '2024-04-23 06:42', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uh928/', 'Quantum computing will bring quantum encryption.', '1capl5y'], ['u/appreciatescolor', 13, '2024-04-23 06:46', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uhn15/', 'I think this is a false dichotomy. Like every other technology that has purely theoretical and disastrous risks, lots of work is put in on multiple levels to create safe implementation into society as it advances. Obviously there are risks involved with any powerful tool, but it’s certainly not the first time we’ve prophesied that a piece of tech will be ‘the end of all things.’', '1capl5y'], ['u/Friendly-Western-677', 10, '2024-04-23 08:17', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uqnhl/', 'So much speculation here and so little knowledge...', '1capl5y']]], ['u/142NonillionKelvins', 'Bitcoin is a self fulfilling prophecy', 81, '2024-04-23 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/', 'I feel like this isn’t thought about/discussed enough in the bitcoin community.\n\nIt’s absolutely a positive feedback loop:\n\n1. People hear about Bitcoin and crazy gains from their friends/acquaintances\n2. They buy Bitcoin and HODL it after doing research to understand why it should be incredibly valuable in the future\n3. They come up with a plan to sell only a small portion of their stack at certain fiat value prices, with the intent of never selling all because they realize why this asset has the best growth opportunity no matter how big the market cap gets\n4. The holding and only selling a small percentage contributes to the growth of the asset\n5. New people hear about it and start at #1\n6. Existing users have their beliefs validated during this process and act as a new user by buying more at much higher prices than they ever previously bought in at', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/', '1caq069', [['u/swift_trout', 14, '2024-04-23 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tfrem/', 'Let’s start by saying nothing is absolute. \n\nBut yes those of us who bought in early were quite right.\n\nAnd now quite wealthy.', '1caq069'], ['u/clicksanything', 69, '2024-04-23 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tpkdy/', '"It might make sense just to get some bitcoin in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy." \n\n-Satoshi Nakamoto', '1caq069'], ['u/Reasonable_City', 39, '2024-04-23 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1caq069/bitcoin_is_a_self_fulfilling_prophecy/l0tqh32/', 'Bitcoin is what 401ks and social security were supposed to be.', '1caq069']]], ['u/samurai0', 'Bitcoin breakout nigh. ', 10, '2024-04-23 02:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/', 'Repeating stair stepping fractal. Take it or leave it. Breakout should be within the week. \n\nhttps://preview.redd.it/z2xqvlsxn4wc1.png?width=3660&format=png&auto=webp&s=c43f6b383ff9c1b2fd8501f532db03dd62460d04\n\n', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/', '1cari1z', [['u/im_astrid', 53, '2024-04-23 03:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tp8jx/', 'yeah but if this happens, we’re in uncharted territory for sure\n\nhttps://preview.redd.it/rnqluhawr4wc1.jpeg?width=1290&format=pjpg&auto=webp&s=14c18aec971dceebc8d653d00d517e77f2263abc', '1cari1z'], ['u/Efficient-Log-4425', 18, '2024-04-23 03:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tpvm8/', "You don't know shit", '1cari1z'], ['u/Pocket_Universe_King', 11, '2024-04-23 03:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0ts6me/', 'Duuuuuuude...it breaks out so much it actually goes back in time!', '1cari1z'], ['u/Inside-Winner2025', 43, '2024-04-23 03:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cari1z/bitcoin_breakout_nigh/l0tsfy4/', 'Back in my day you would have been banned for this shit', '1cari1z']]], ['u/1TinyLemon', "Was Bitcoin's anonymity really at stake?", 16, '2024-04-23 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/', '(I speak Spanish, the information I am using was obtained in a video in Spanish which I will leave you in this post, and my English could be very bad lol)\n\n\n\nRecently I was investigating how they found several people responsible for black markets (lol) like alphabay or silk road, the thing is that watching a specific video (it lasts 30 minutes and explains the whole story with sources from the book Tracers in The Dark, by Andy Greenberg) explains in a specific part that the IP (protected by the Tor network) that hosted alphabay was discovered by a company called chainalysis, and with that information later organizations like the FBI crashed a car towards his house and arrested him lol, the thing is that according to the writer of the book (who is the main source of the video) chainalysis was not very clear in the way they found the IP address of alpha02 (the man who created alphabay) and the writer of the book theorizes that they supposedly managed to invent a technique capable of leaking the IP addresses of bitcoin users, and that the company had created its own collection of secret bitcoin nodes that were secretly designed to silently record the IP addresses that users transmitted with each transaction, and that created a global map with the physical location of bitcoin users (still connected to the tor network), however when the toxicity of the fact was discovered on bitcointalk, where they condemned it for "mass surveillance" and closed the experiment.\n\n\n\nThis is soooo wtf the person in the video doesn\'t think this is really possible and I also think it\'s very impossible, but what do you think?\n\n[The video (Spanish, 30 minutes, what I talk about is in minute 25)](https://www.youtube.com/watch?v=FpJMi_z9VyY)', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/', '1cas3l9', [['u/codece', 11, '2024-04-23 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1cas3l9/was_bitcoins_anonymity_really_at_stake/l0tz15c/', 'Both Silk Road and Alpha Bay were busted due to basic operational security errors on the part of their respective admins. Bitcoin\'s anonymity wasn\'t compromised, they compromised themselves. \n\nAlpha02 was an idiot who used the same hotmail e-mail address when setting up his site as his legit LinkedIn profile, computer repair business, and PayPal account He also had been using the same pseudonym "Alpha02" on clearnet forums before he started Alpha Bay. On top of that, the servers used for Alpha Bay were hosted in Canada and linked to his real name.\n\nLaw enforcement timed their arrest with an intentional LE led DDoS attack which temporarily shut the site down. They knew Alpha02 would immediately try to reboot the site. When they arrested him that\'s exactly what he was doing, on an unencrypted laptop no less, which also contained unencrypted documents detailing where he was hiding his money.', '1cas3l9']]], ['u/sdrive44', "Please Please Please Suggest a Motorsport Series That's Engaging to Watch", 15, '2024-04-23 04:52', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/', "I always watched racing casually but became hardcore after watching the race where Glock vs Paffet battled in DTM. Since then, I've dived into all forms of racing including F1, WEC, IMSA, NASCAR, BTCC, Supercars, Stock Car Brasi, TC2000, TCR..... \n\nBut I'm slowly losing the engagement. The races seem to drag on forever now, races are all about undercutting a pit stop to avoid battling, there's so much aero there's no battling at all and highlights only ever show crashes, crashes and more crashes.\n\nSo please help me!!! What motorsport series are left for me? Something that's like 20 minutes-ish long, flat out racing to the end, attacking, defending, setting up a pass, good clean hard racing and no watching cars rolling around under caution.", 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/', '1catw3c', [['u/CharacterAsleep458', 40, '2024-04-23 05:06', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/l0u58u4/', 'Mx5 cup is what you’re looking for. Lots of races for free on YouTube. Enjoy', '1catw3c'], ['u/Pillar-of-Autumn', 27, '2024-04-23 05:14', 'https://www.reddit.com/r/motorsports/comments/1catw3c/please_please_please_suggest_a_motorsport_series/l0u6b7l/', "MotoGP\n\nyeah it's not cars but still throwing it out there cause motorsports\n\nRaces are much shorter compared to something like F1. No pit strategies cause pitting usually means you're out of the race. Every race kind of feels like an F1 sprint race.. but with waaaay more passing and you truly never know who's gonna win. Not only are the races themselves closer, but the championship usually comes down to the last couple races in a long season", '1catw3c']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, April 23, 2024', 38, '2024-04-23 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/', '1cav7il', [['u/Nichoros_Strategy', 11, '2024-04-23 07:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0uosva/', 'People be hatin\' hard out there on a neutral/unbiased, opened network. I just feels it in the air. Can only think, to what extent is it really by individual\'s own volition and logical thinking, or has some higher influences really got their minds so deeply by the balls? Ah well, way she goes.\n\n"Sometimes there is absolutely no difference at all between salvation and damnation."', '1cav7il'], ['u/Normal-Jelly607', 22, '2024-04-23 08:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0ur2k3/', 'I’m tired boss', '1cav7il'], ['u/TonyTuck', 14, '2024-04-23 11:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v4bbv/', 'Imagine my surprise', '1cav7il'], ['u/notagimmickaccount', 14, '2024-04-23 11:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v6vyx/', 'Well the epic sat is up for auction. \n\nhttps://www.coinex.com/en/halving-block-auction', '1cav7il'], ['u/phrenos', 11, '2024-04-23 11:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0v7521/', 'The Ministry of Surprise thanks you for picking up the slack.', '1cav7il'], ['u/spinbarkit', 13, '2024-04-23 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vapzd/', 'what am I missing here', '1cav7il'], ['u/snek-jazz', 12, '2024-04-23 12:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vaukx/', '> Fungibility of Satoshi\'s threatens being lost through Ordinals/Runes,\n\nBut probably not in a way that matters. An ancient gold coin might be valued higher than a non-descript bar of the same amount of gold, but it doesn\'t really matter so long as the coin is always worth at least as much as the bar is.\n\n> The fundamental value proposition of Bitcoin is as a global currency. \n\nIt isn\'t, it\'s as money. None of us are buying it to use it as currency, MicroStrategy aren\'t buying it to use it as currency, no one buying an ETF share is doing so to use bitcoin as a currency. They\'re using it as the store-of-value function of money aka speculation (aka greater fool if you want to be derogatory). There\'s a possibility it one day moves beyond that, but it will need to be via higher layers (and the same is true for any other public blockchain since it will never be possible to have currency-level transactions on chain at scale, so the others you mention aren\'t threats in this aspect) which brings us to...\n\n> scalability is barely being talked about and the Lightning Network seems to be heading nowhere.\n\nIt is, perhaps you just haven\'t found the conversations. Lightning is still being developed and there\'s a bunch of other layer2 candidates - cashew, fediment and ZK-rollup based systems for example.\n\nWill any of them be ready for the use en-mass by the average Joe soon, or ever? I don\'t know, but bitcoin can continue the store-of-value adoption without them.\n\n> But there is nothing inevitable about it being BTC. \n\nYou\'re right, but the network effect at this point is pretty massive, and the alts are crabs in a bucket each pulling each other down. The more of them there are the more difficult it becomes for any of them to gain any attention or reach critical mass, and being the "shiny new one" is useless since there\'s always another even newer one around the corner. Most people gambling with any significant amount of funds in the alt-coin casino know this.', '1cav7il'], ['u/btchodler4eva', 21, '2024-04-23 13:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vh1ky/', 'Nothing. Degens in the process of getting rekt.', '1cav7il'], ['u/xtal_00', 19, '2024-04-23 13:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vk5de/', 'Clearly Bitcoin is dead.\n\nIf you’re looking for easy fiat riches you are going to have a tough time.\xa0\n\nWe could crab at 70k all year and then shoot up to 300k in 30 days.\xa0\n\nBitcoin has two long term states. Infinity or zero.', '1cav7il'], ['u/52576078', 13, '2024-04-23 14:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vkuec/', "What's wrong with you, man???", '1cav7il'], ['u/escendoergoexisto', 13, '2024-04-23 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vmgib/', 'Cue the H&S posts on the hourly candles. Don’t do it, Bitcoin.', '1cav7il'], ['u/amendment64', 29, '2024-04-23 14:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vozeh/', 'This shit is so dumb to me. Let BTC be money, stop clogging the network with all this receipt bullshit.', '1cav7il'], ['u/Magikarpeles', 21, '2024-04-23 14:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vpl31/', 'Usually when im this bored it dumps just to fuck with me', '1cav7il'], ['u/Cultural_Entrance312', 37, '2024-04-23 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vrmfv/', 'On the hourly BTC has broken out of the falling wedge. It is near the bottom of a nice little rising channel and has hit resistance around the old sloping resistance from the last pennant. RSI is at 44.1 (average 54.2) at time of writing. Current, nearby, resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 65.7, 64.1, 63, 61.7, 60.5 and 59.\n\nThe daily RSI is 49.5 and its average is currently at 46.9. A falling wedge is forming and BTC has bounced off the upper resistance of it. It’s possible that BTC could push through. It depend on if you consider 4/19 low close enough to be considered a touch. Same resistances/supports as I mention in the hourly. I would expect some stronger resistance at 67.4 area, it is aligning with the 50 DMA (67.5)and downward sloping resistance.\n\nBTC closed for the 3^(rd) week in a row red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 71.6 (78.3 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Will need more time to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is overbought currently, it’s monthly RSI is 71. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/HZd3YFYz/](https://www.tradingview.com/x/HZd3YFYz/)\n\nDaily: [https://www.tradingview.com/x/XfV8adls/](https://www.tradingview.com/x/XfV8adls/)\n\nWeekly: [https://www.tradingview.com/x/dxrGZq74/](https://www.tradingview.com/x/dxrGZq74/)\n\nMonthly: [https://www.tradingview.com/x/c0ed1KI2/](https://www.tradingview.com/x/c0ed1KI2/)', '1cav7il'], ['u/monkeyhold99', 10, '2024-04-23 15:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0vx2ux/', '2 BTC…for one single satoshi..', '1cav7il'], ['u/I_AM_AN_AEROPLANE', 10, '2024-04-23 17:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0whpnl/', 'Yanks back to buyin! Nice!', '1cav7il'], ['u/Defacticool', 15, '2024-04-23 17:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wkoay/', 'better than selling without any buying', '1cav7il'], ['u/Aerith_Gainsborough_', 11, '2024-04-23 17:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wlee3/', 'I am getting a long signal, but waiting for a bit of retracement. Placed a long limit at 64k.', '1cav7il'], ['u/BuiltToSpinback', 14, '2024-04-23 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wsasx/', 'Execute market order: $66666', '1cav7il'], ['u/BuiltToSpinback', 11, '2024-04-23 18:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wv20e/', 'A surprise to be sure, but a welcome one', '1cav7il'], ['u/WYLFriesWthat', 15, '2024-04-23 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wvloo/', '66k is the new 64k', '1cav7il'], ['u/btc-_-', 11, '2024-04-23 19:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0wz4vp/', 'i think we’re just between narratives at the moment. halving event happened, not quite at ATHs, rate cuts seemingly not imminent, maybe WW3 but that seems gone now, DXY at resistance but maybe too soon to tell, U.S. debt is an inexorable but slow-moving train, VIX coming down after some highs so maybe still some concern, etc etc\n\njust in general seems like everything is at a wait-and-see phase. in my opinion, a small spark could push it in either direction temporarily. big wick down and now the LTF narrative is that it’s cheap. big wick up and now “bull’s back on.” i’m just waiting and seeing how PA develops with about 10% set aside just in case.', '1cav7il'], ['u/nationshelf', 14, '2024-04-23 20:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xfbjq/', 'Miners finally seeing some upward PA after weeks of sells offs. It seems everyone was waiting for the halving to pass before jumping back in. Hopefully turning a corner here and will see outsized miners returns on the next btc leg up, for those of us with a bag.', '1cav7il'], ['u/btctrader12', 11, '2024-04-23 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xg919/', 'Do these braindead shorters not realize that the more they try to suppress it down the bigger the capitulation squeeze up will eventually be? Have they been in this market for 2 days not realizing that that’s pretty much what happens every single time? You can try to suppress it for months but the end result will be the same \n\nP.S. Mara options just made me a good amount of money, thank you high transaction fees', '1cav7il'], ['u/dopeboyrico', 35, '2024-04-23 21:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xk88k/', 'Price of BTC at each halving:\n\n2012: $12.50\n\n2016: $638.51\n\n2020: $8,475\n\n2024: $64k\n\nPrice of BTC at peak of each market cycle following the halving:\n\n2013: $1,156.14 (92x price at halving)\n\n2017: $20,089 (31x price at halving)\n\n2021: $68,789 (8x price at halving)\n\nLength of time BTC took to reach peak after halving:\n\n2012: 12 months\n\n2016: 17 months\n\n2020: 18 months\n\n[Here’s what following each trajectory looks like on a graph.](https://x.com/ecoinometrics/status/1781645938395939066?s=46&t=bgSu-sbt11MTMG1Zh__ugw) Given the fact that we reached new ATH before the halving for the first time ever I’m more or less expecting a reversion to to the average this time around.', '1cav7il'], ['u/snek-jazz', 10, '2024-04-23 21:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xsbny/', 'Counter argument: very small sample size and market was so small in 2012 that it may be irrelevant in terms of predicting the future in 2024.', '1cav7il'], ['u/griswaldwaldwald', 11, '2024-04-23 22:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cav7il/daily_discussion_tuesday_april_23_2024/l0xzrqi/', '50 day MA still acting as resistance.', '1cav7il']]], ['u/jbtravel84', '970K Lost in Ledger NFT Scam', 765, '2024-04-23 07:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/', 'A victim here on Reddit recently lost 80K across Ethereum, Solana, and Cardano. There\'s a post he made a couple of weeks ago outlining the hack/scam. \n\nI didn\'t see any useful comments in the original post and he reached out to me looking for help.\n\nI focused on the Ethereum network as this appears to be where most of the activity takes place. I\'m showing about 970K lost in stolen funds with numerous victims getting caught up in this scam.\n\nBelow is my attempt to outline where the funds went as well as how the scam happened.\n\n## Ethereum Wallets\n\nBelow are the main wallets associated from the victim who lost 80K and the main scammer wallets. The wallet labeled Reddit Sweeper was used to clean out about $25 in ETH.\n\nIf it is in fact a sweeper wallet, that would mean a seed phrase compromise. Otherwise the victim may of never revoked access and the scammer could of just gone back and cleaned up a bit of leftovers a day after the scam.\n\n* 0xA40731DceAE46A6bD893cebf97176a87403a26FC - 80K victim Reddit \n* 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit\n* 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper?\n\n### Additional Wallets\n\n0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit\n\nI marked off the below wallets as outgoing txns from the 80k Scammer wallet. Interestingly, almost all of the funds (about $950,000) are still sitting in these wallets.\n\nThere\'s a strong chance of recovery if law enforcement is actively monitoring the movements of the below addresses.\n\n* 0x1e2a7127A3D0Cfa1374A26523C0d4a78c5443080 - 80k Scammer Reddit 2 \\[590K here\\]\n* 0x92d3ADaf98610454f67eD48b0c8a367677DC63B6 - 80k Scammer Reddit 3\n* \\-0x2c6F334CE794e0BA277FDd6838c27050ab19d862 - 80k Scammer Reddit 3 1 \\[124K here\\]\n* 0xEa30e14960f3A3f996cADc1cDa2895859A430210 - 80k Scammer Reddit 4 \\[236K here\\]\n\n[Above is a look inside 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit. Almost all of the funds are sitting in the three decentralized wallets.](https://preview.redd.it/awnkisyrm5wc1.png?width=3406&format=png&auto=webp&s=6bf3ea5ef615306c107ed4f39e700e97d913b93a)\n\n# Wallet of Interest\n\n0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37\n\n0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37 funded 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper?\n\nIt\'s possible 0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37 might also be a victim. If I had more time, I\'d do a deeper dive to find out who this entity is. This wallet has a user name associated with their OpenSea profile.\n\n[Above are all the transactions of 0xAC66519D0650Bd5163fa4a93737E660a780ACDae - 80K Scammer Reddit Sweeper? You can see the original funding of the wallet on 11\\/17\\/22. Also of interest is most of the funds went to three HitBTC Deposit Addresses.](https://preview.redd.it/rzspc23ym5wc1.png?width=1536&format=png&auto=webp&s=8ac50492e0a18b8f3a244783d81e30143f9c3c5e)\n\n#### HitBTC Deposit Addresses\n\n* 0x997Ae443C97Ad0b8A391D8F0Fa6F739C20512621\n* 0xa2ec859DcF2a47AD1BB8Fd91e497eC489c74C4CE\n* 0x90cBC9dd3FAbEFF9F36FF1Ca78aD00e4EB43e4Ab\n\nThese deposit addresses don’t look like they belong to 0x418f6d0EE7aDF31Eaa757105980fa446a3D66a37. It looks like he was paying for some service. Possibly accounts or gift cards as the wallets in the deposit address appear to have no relation to each other.\n\n# Wallet of Interest 2\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5\n\n[Odd to see a huge ETH txn right before about $971,400 in stolen funds are sent to the three intermediary wallets.](https://preview.redd.it/wpy2lo8xn5wc1.png?width=1546&format=png&auto=webp&s=b8bdea76c51eaa8775c199e73a9ec73f8cb5dd2d)\n\nAfter further investigation, 0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 also appears to be a scammer wallet. I almost missed this one as this was the last incoming txn to 0xcf3BA5a31A376D01EbdcCad2b84Eb40D89EEdBA7 - 80k Scammer Reddit. \n\nBelow is a user on Twitter reporting the wallet belonging to a hacker/scammer. Interestingly this victim also mention funds getting removed from his Ledger device.\n\nhttps://preview.redd.it/58un8aloo5wc1.png?width=1210&format=png&auto=webp&s=18218cbe378b6559b8eec8e67268b3f844da7958\n\n# Movement of Funds\n\nIt seems the scammer took the following route to move all the stolen funds \n\n* 80k Scammer Reddit 5 → 80k Scammer Reddit \\[154.042 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 2 \\[174.142 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 3 \\[38.674 ETH\\]\n* 80k Scammer Reddit → 80k Scammer Reddit 4 \\[73.994 ETH\\]\n\n#### Additional Wallets\n\n0x04d554f7f7163226A2CdFAcf127b7d5385576E79\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 sent 2.5K to 0x04d554f7f7163226A2CdFAcf127b7d5385576E79. There’s a number of eXch Deposit addresses.\n\n0x211172b638F73c1bd998E9f57f82E74A10FD0ed4\n\n0x1C1700B0dE3850AbA5ACfd38c3446b9b054e0715 - 80k Scammer Reddit 5 sent 2K to 0x211172b638F73c1bd998E9f57f82E74A10FD0ed4.\n\n##### More Movement\n\nThe below can really open up the Rabbit Hole to find other hacks and deposit addresses.\n\n[Above is a look inside 0x04d554f7f7163226A2CdFAcf127b7d5385576E79. There\'s a number of deposit address activity.](https://preview.redd.it/25c2gbrfq5wc1.png?width=1964&format=png&auto=webp&s=6dd865b034532930130ba3787288bdd91efdb56a)\n\n# How the Scam Happened\n\nLooking at the original Reddit post from the victim and the twitter user\'s post, it appears a bad actor is airdropping malicious NFTs to ledger users.\n\nI\'m not sure the exact scenario that played out, but the victims could of received an unsolicited NFT that appeared to be a voucher promising "free money".\n\nThe voucher could say something along the lines of "You WON 5000 USDC or USDT!" \n\nThe voucher lures the victim to a website requiring you to approve the transaction. Once you sign the contract, your assets now belong to the scammer.\n\n# How to Avoid Malicious NFT Airdrops\n\nUnfortunately, it\'s very hard to avoid someone sending you unsolicited NFTs. However, there are actions you can take to avoid engaging with any of these malicious NFTs.\n\n1. DO NOT ENGAGE WITH ANY AIRDROPPED NFT\n2. NEVER EVER ENTER YOUR SEED PHRASE ANYWHERE\n3. To avoid seeing the NFTs in your wallet, right click on the NFT and select Hide NFT Collection\n4. Avoid any links or websites associated with an NFT\n\nStay safe out there!', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/', '1cawkb0', [['u/monsieur_feu', 74, '2024-04-23 07:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0um0ld/', 'That’s the oldest scam in the book…how do you not know that opening a link and signing the contract on one of those airdropped NFTs claiming to reward you with ‘x,xxx’ amount of USDC or whatever was a scam? Like you have that much ETH and you’re oblivious to keeping your funds safe…on a cold wallet too nonetheless.', '1cawkb0'], ['u/deviantgoober', 502, '2024-04-23 07:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0umb90/', 'I feel like a youngin watching old timers fall for the Nigerian prince and PC support scams over and over and over again like its Groundhog Day.', '1cawkb0'], ['u/jbtravel84', 55, '2024-04-23 07:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0umjry/', 'lol and thank you!', '1cawkb0'], ['u/heyheyshinyCRH', 20, '2024-04-23 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uni3q/', "It's hard to feel sorry for the poor saps", '1cawkb0'], ['u/Sluggin_N_Slothin', 18, '2024-04-23 08:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0upddf/', 'Hide and Report. \n\nThat is the only interaction you have with anything saying free.', '1cawkb0'], ['u/Apart-Apple-Red', 131, '2024-04-23 08:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uqequ/', "Good post.\n\nHowever, I don't like that you mentioned, but later ignored root problem - signing malicious contract. You focused on seed and nft, but that's just bait, not root problem.\n\nIf people are so greedy that they are willing to sign any contract without understanding it, no hardware wallet like ledger will help them and protect them from loosing money.\n\nVictims are basically signing contract in which they allowing other side to take all of their money.", '1cawkb0'], ['u/HighPriestCooper', 70, '2024-04-23 09:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uufb5/', 'I recently reread an older story about the Nigerian scammer who sold a fake airport to an international bank for 262,000,000 British Pounds or Euros or something. In my mind I picture a Nigerian grade school teaching everyone the regular prince scammer method and this kid sitting in the back like an honors student and deciding to drop out like like the Bill Gates of Nigerian Harvard.', '1cawkb0'], ['u/Yok_Mu_Beni_Siken', 86, '2024-04-23 09:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uv1iq/', 'TL DR;\n\nFollow shady link to a website. Sign random smart contract. Money gone. Surprise Pikachu face.', '1cawkb0'], ['u/Icefrog1', 28, '2024-04-23 09:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uvb99/', 'Could have\\* not could of.', '1cawkb0'], ['u/BitSoMi', 24, '2024-04-23 09:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uwbp6/', 'Scammers having a field day in crypto', '1cawkb0'], ['u/LtColumbo69', 14, '2024-04-23 09:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uxtq6/', "the problem is, not matter what the platform, if a person is dumb enough to click a link that says 'you've just won some free money' and then double dumb enough to enter their private key, they are beyond hope.\n\nit's sad, but this is financial natural selection", '1cawkb0'], ['u/Railionn', 26, '2024-04-23 09:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uy7ro/', "Idk man. I'm young and pretty tech savvy. I am not doing any nft buying, memecoin hunting or using metamask or ledgers just because these hacks get so sophisticated. I just dont trust myself going into this unknown territory with even some basic knowledge. At this point I trust big exchanges more securitywise then everything else. Which is troubling.", '1cawkb0'], ['u/rootpl', 91, '2024-04-23 09:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uy8dk/', 'This. That\'s why I like Raby wallet, it actually does explain to you what you are signing, the cost etc. \n\nI fucking hate when Metamask for example or other wallets are just like "do you want to sign transaction" well shit, I don\'t know sir, tell me what the fuck exactly am I signing? \n\nPerhaps a lot of people would have been able to avoid scams if their Ledger screen or Metamask would say something like "you are giving full access to your funds to this 3rd party app, would you like to continue, it could be a scam?"\n\nIt\'s been fucking years and the user experience still sucks donkey\'s balls on most crypto platforms.', '1cawkb0'], ['u/en3sis', 19, '2024-04-23 10:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0uziis/', 'That sounds awesome and a no brainer. I would love to see MM do something like this.', '1cawkb0'], ['u/ryncewynd', 16, '2024-04-23 11:17', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0v53pc/', 'If MM cared about user experience and safety they would have done it long ago', '1cawkb0'], ['u/ValiantInstance', 26, '2024-04-23 11:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0v5vdg/', "It's the equivalent of a stranger knocking on your car window and saying you've won a Ferrari. All you have to do is give him your keys and he'll go get it for you.", '1cawkb0'], ['u/BlackMagic_19', 15, '2024-04-23 13:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1cawkb0/970k_lost_in_ledger_nft_scam/l0vi9sw/', 'They also hacked German companies and got millions out of them.', '1cawkb0']]], ['u/Designer_Ebb9969', 'Is it advisable to use bitcoin for transactions greater than $50,000?', 29, '2024-04-23 07:17', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/', 'And if so, how do you or did you go about it? Lemme know!', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/', '1cawkrl', [['u/Appropriate-Talk-735', 25, '2024-04-23 08:04', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/l0uphrv/', 'If the seller accepts btc and you have no fiat to spare it is advisable.', '1cawkrl'], ['u/LukaAniston', 10, '2024-04-23 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1cawkrl/is_it_advisable_to_use_bitcoin_for_transactions/l0upz8b/', 'The amount of transactions is not a matter, I always use it btw', '1cawkrl']]], ['u/rBitcoinMod', 'Daily Discussion, April 23, 2024', 29, '2024-04-23 08:06', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1ca4ccb/mentor_monday_april_22_2024_ask_all_your_bitcoin/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/', '1caxcid', [['u/HipOut', 14, '2024-04-23 08:19', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uqspg/', 'Learn about Bitcoin and you’ll learn about economics, technology, finance, philosophy, government, and more.', '1caxcid'], ['u/Long_Personality_612', 15, '2024-04-23 09:09', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uv2ah/', 'Scam', '1caxcid'], ['u/user_name_checks_out', 17, '2024-04-23 09:32', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uwxyi/', '> Anyone ever even heard of Binozy?\n\nWhy are you still asking?\n\nWhen someone promises you a large amount of money in exchange for a small amount of money, this is an obvious and well known scam called an [Advance-fee scam](https://en.wikipedia.org/wiki/Advance-fee_scam). Without knowing anything else about your case, I can tell you that you are getting scammed. Walk away.', '1caxcid'], ['u/Frogolocalypse', 11, '2024-04-23 10:00', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0uz55a/', 'Anyone needing you to spend money to get free money is a scam.', '1caxcid'], ['u/DogoByte', 13, '2024-04-23 14:57', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0vsrn0/', 'Whenever someone was pregnant, my mother in law would always say thing like "I just feel it is going to be a girl". Often she was wrong, but when she was right it was always "See, I told you so".\n\nsigh.', '1caxcid'], ['u/escodelrio', 11, '2024-04-23 15:15', 'https://www.reddit.com/r/Bitcoin/comments/1caxcid/daily_discussion_april_23_2024/l0vv9vf/', "Historical Bitcoin prices for today, April 23rd:\n\n2024 - $66,009\n\n2023 - $27,591\n\n2022 - $39,418\n\n2021 - $51,144\n\n2020 - $7,489\n\n2019 - $5,512\n\n2018 - $8,953\n\n2017 - $1,249\n\n2016 - $450\n\n2015 - $235\n\n2014 - $487\n\n2013 - $144\n\n2012 - $5\n\n2011 - $1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Markets climbed higher as investors get ready for a line up of mega-cap earnings.\n• Tuesday continued this week's steady rebound, after stocks fell sharply last week.\n• Tesla will report on Tuesday, followed by Meta, Alphabet, and Microsoft later in the week.\nStocks ticked higher Tuesday morning, as a lineup of mega-cap earnings this week fuels hope for a market comeback.\nThat's after the equity rally tumbled sharply last week, with rate-cut outlooks crushed by hot economic data. As monetary policy isn't expected to ease any time soon, Treasury bond yields continued to rise higher Tuesday.\nInvestors are pinning their hopes on strong earnings to kickstart a new rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nOn Tuesday, markets will watch for Tesla's report after the closing bell, though its recent performance has investors on edge. Tesla stock is down over 40% year-to-date, and a first-quarter delivery flop haseroded Wall Street confidence.\nMeta's earnings are set to follow on Wednesday, after which Alphabet and Microsoft will report on Thursday.\nHere's where US indexes stood at the 9:30 a.m. opening bell on Tuesday:\n• S&P 500: 5,034.26, up 0.47%\n• Dow Jones Industrial Average: 38,341.68, up 0.27% (+103 points)\n• Nasdaq Composite: 15,544.24, up 0.6%\nHere's what else is going on:\n• The yield curve has been inverted for 18 monthswith no recession - but a slowdown still looms, a strategist says.\n• Bubble tea's surging popularity has minted a number ofChinese billionaires.\n• Investor Steve Cohen wantsSEC approval for a 24-hour trading exchange.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $81.50 a barrel.Brent crude, the international benchmark, slid 0.5% to 86.58 a barrel.\n• Goldfell by 0.9% to $2,325.80 an ounce.\n• The 10-year Treasury yield rose two basis points to 4.646%.\n• Bitcoinwas down 1% to $65,990.\nRead the original article onBusiness Insider", "• Stocks accelerated their rebound after suffering heavy losses last week.\n• Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst.\n• Tesla is slated to report after Tuesday's closing bell, followed by Meta on Wednesday.\nThis week's equity comeback accelerated on Tuesday, as investors ready themselves for a number of major earnings reports.\nAlthough dashed rate-cut outlooks pummeled markets last week, attention has now shifted to the upcoming reports of high-profile companies.Teslais slated to publish after Tuesday's closing bell, with many onWall Street having misgivingsabout its performance, given its massive stock slide and first-quarter delivery disappointment.\nMeta, Alphabet and Microsoft will follow later in the week. If earnings exceed expectations, investors are hoping to jump-start another rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nThrough Tuesday, around 20% of S&P 500 firms have reported earnings, with a majority beating expectations, FactSet data shows.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,070.54, up 1.2%\n• Dow Jones Industrial Average: 38,503.95, up 0.69% (+263.71 points)\n• Nasdaq Composite: 15,696.64, up 1.59%\nHere's what else is going on:\n• Gold couldhit $3,000 as China's central bank keeps up its buying spree, economist David Rosenberg said.\n• A 72% decline in Cathie Woods' ARK fund isaccelerating an investor exit.\n• Some retail investors got in on Nvidia early. Here's how they'respending their massive profits.\n• Markets should ready for asteep decline and a debt-led financial crisis, Leon Cooperman warns.\n• The US considers cutting off Chinese banks from financial marketsamid worrying trade with Russia.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped by 21.7% to $83.32 a barrel.Brent crude, the international benchmark, gained 1.62% to 88.41 a barrel.\n• Goldslid by 0.44% to $2,321.65 an ounce.\n• The 10-year Treasury yield fell nearly two basis points to 4.605%.\n• Bitcoinslid by 0.3% to $66,577.\nRead the original article onBusiness Insider", 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving spot Ethereum exchange-traded fund (ETF) from Franklin Templeton, initially anticipated for May, to a new deadline of June 11.\nThe SEC also delayed the deadline for the agency’s decision on Grayscale’s spot Ethereum ETF application to June 23.\nMeanwhile, the SEC is soliciting public feedback on a revised ETF proposal from BlackRock, which now includes a cash redemption model, a change from the original direct Ethereum exchange mechanism.\nBlackRock’s proposal, initially submitted in November 2023, has been revised to better align with the SEC’s regulatory framework, mirroring the cash redemption feature of previously approved Bitcoin ETFs.\nThe SEC has maintained a cautious approach to cryptocurrency ETFs despite approving spot Bitcoin ETFs earlier in the year.\nThe Bitcoin ETFs, approved in January, have since provided investors a regulated trading vehicle for the cryptocurrency and have experienced acumulative total net inflowof US$12.42 billion.\nThe potential approval of Ethereum ETFs would provide investors with access to the second-largest cryptocurrency by market capitalization, marking another step toward the integration of digital assets into conventional investment portfolios.', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 million in positions have been liquidated. Ether and BTC positions are the largest, respectively, but there\'s also $6.86 million in HBAR liquidations – owing to the token\'s recent surge in volume crossing the $1 billion mark – as well as $1.83 million in PEPE liquidations.\nJustin d\'Anethan from Keyrock, a crypto market maker, said in a Telegram interview with CoinDesk that traders are indecisive and can\'t make up their minds on what position to take.\n"It\'s an interesting – albeit not very dynamic – market to look at, both on the crypto and traditional side; traders seem unable to decidedly turn bullish or bearish, as evidenced by prices staying put," he told CoinDesk.\nThe CoinDesk 20 Index, a measure of the largest digital assets by market cap, is flat, trading at 2,343.\n"There\'s a flurry of negative news weighing on markets," d\'Anethan continued, pointing to the SEC\'s clear desire to delay the ETF application, President Joe Biden\'scomments about crypto mining, and continuing crypto investment product outflows.\n"On the flip side, and on a maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.\nCoinglass datasays that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.\n"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 million in positions have been liquidated. Ether and BTC positions are the largest, respectively, but there\'s also $6.86 million in HBAR liquidations – owing to the token\'s recent surge in volume crossing the $1 billion mark – as well as $1.83 million in PEPE liquidations.\nJustin d\'Anethan from Keyrock, a crypto market maker, said in a Telegram interview with CoinDesk that traders are indecisive and can\'t make up their minds on what position to take.\n"It\'s an interesting – albeit not very dynamic – market to look at, both on the crypto and traditional side; traders seem unable to decidedly turn bullish or bearish, as evidenced by prices staying put," he told CoinDesk.\nThe CoinDesk 20 Index, a measure of the largest digital assets by market cap, is flat, trading at 2,343.\n"There\'s a flurry of negative news weighing on markets," d\'Anethan continued, pointing to the SEC\'s clear desire to delay the ETF application, President Joe Biden\'scomments about crypto mining, and continuing crypto investment product outflows.\n"On the flip side, and on a maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.\nCoinglass datasays that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.\n"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."', 'In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in the year that followed, as investors grappled with a wave of high-profile collapses across the industry.\nBut a recovery is underway, and the crypto market valuation has climbed back about $2.5 trillion, which means a new record high is within reach. More than half of that value is represented byBitcoin(CRYPTO: BTC), which has a market capitalization of $1.3 trillion.\nBitcoin has surged 52% in 2024 so far and currently trades at more than $64,000, not all that far from its all-time high.\nA rising tide lifts all boats, and the renewed positive sentiment toward cryptocurrencies is driving a resurgence in even the most speculative corners of the industry. Meme tokenShiba Inu(CRYPTO: SHIB), for example, is sitting on a whopping 175% gain this year.\nHowever, unlike Bitcoin, Shiba Inu is still trading almost 70% below its all-time high. The token delivered a staggering 45,278,000% gain in 2021, which would\'ve been enough to turn a mere $3 into more than $1 million, but it proceeded to lose more than 90% of its value during the crypto crash of 2022.\nSo the surge in 2024 is masking a grim broader picture for Shiba Inu, but could it stage another historic run and reach $1 per token from its current price of $0.000028?\nCryptocurrenciesused to be touted as a viable replacement for traditional money. Truly decentralized coins like Bitcoin have a fixed supply and can\'t be controlled by any individual or government. It differentiates these cryptos from fiat currencies, like the U.S. dollar, which can be printed as central banks see fit, which devalues them over time.\nHowever, neither consumers nor businesses have adopted cryptocurrencies in any meaningful fashion. A mere 9,428 merchants around the world accept Bitcoin as payment for goods and services, and just 932 accept Shiba Inu. It isn\'t surprising, because using a currency that can rise in value by millions of percentage points only to then lose 90% of its value would make cash flow management impossible for any business.\nShiba Inu developers have tried to create demand in other ways, by promoting a digital card game calledShiba Eternityand even by creating a metaverse (which still hasn\'t opened). Last year, they also released a significant upgrade called Shibarium, a Layer-2 blockchain solution designed to make transactions faster and cheaper. (The legacyEthereumblockchain upon which Shiba Inu is built is clunky and inefficient.)\nA Layer-3 solution is also in the works, which will improve the network further and enhance privacy. However, Shiba Inu could have the most advanced transaction mechanisms in the world, but that doesn\'t mean consumers or businesses will adopt it.\nEven if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of $0.000028 per token, Shiba Inu has a market cap of $16 billion.\nSimple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more thanMicrosoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year.\nSimply put, there is no way Shiba Inu can rise to $1 in its current state. The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far.\nAssuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won\'t actually lead to gains for investors -- they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.\nAlthough Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best tostick with industry leaders like Bitcoinin the crypto universe, or, better yet, buy tried and tested assets like stocks!\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $487,211!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nShiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?was originally published by The Motley Fool', 'In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in the year that followed, as investors grappled with a wave of high-profile collapses across the industry.\nBut a recovery is underway, and the crypto market valuation has climbed back about $2.5 trillion, which means a new record high is within reach. More than half of that value is represented byBitcoin(CRYPTO: BTC), which has a market capitalization of $1.3 trillion.\nBitcoin has surged 52% in 2024 so far and currently trades at more than $64,000, not all that far from its all-time high.\nA rising tide lifts all boats, and the renewed positive sentiment toward cryptocurrencies is driving a resurgence in even the most speculative corners of the industry. Meme tokenShiba Inu(CRYPTO: SHIB), for example, is sitting on a whopping 175% gain this year.\nHowever, unlike Bitcoin, Shiba Inu is still trading almost 70% below its all-time high. The token delivered a staggering 45,278,000% gain in 2021, which would\'ve been enough to turn a mere $3 into more than $1 million, but it proceeded to lose more than 90% of its value during the crypto crash of 2022.\nSo the surge in 2024 is masking a grim broader picture for Shiba Inu, but could it stage another historic run and reach $1 per token from its current price of $0.000028?\nCryptocurrenciesused to be touted as a viable replacement for traditional money. Truly decentralized coins like Bitcoin have a fixed supply and can\'t be controlled by any individual or government. It differentiates these cryptos from fiat currencies, like the U.S. dollar, which can be printed as central banks see fit, which devalues them over time.\nHowever, neither consumers nor businesses have adopted cryptocurrencies in any meaningful fashion. A mere 9,428 merchants around the world accept Bitcoin as payment for goods and services, and just 932 accept Shiba Inu. It isn\'t surprising, because using a currency that can rise in value by millions of percentage points only to then lose 90% of its value would make cash flow management impossible for any business.\nShiba Inu developers have tried to create demand in other ways, by promoting a digital card game calledShiba Eternityand even by creating a metaverse (which still hasn\'t opened). Last year, they also released a significant upgrade called Shibarium, a Layer-2 blockchain solution designed to make transactions faster and cheaper. (The legacyEthereumblockchain upon which Shiba Inu is built is clunky and inefficient.)\nA Layer-3 solution is also in the works, which will improve the network further and enhance privacy. However, Shiba Inu could have the most advanced transaction mechanisms in the world, but that doesn\'t mean consumers or businesses will adopt it.\nEven if Shiba Inu can overcome its lack of fundamental upside catalysts, it still has to grapple with a serious mathematical problem. There are 589.29 trillion tokens in circulation, so based on the recent price of $0.000028 per token, Shiba Inu has a market cap of $16 billion.\nSimple math dictates that at $1 per token, Shiba Inu would have a market cap of $589.29 trillion. In other words, it would be worth 196 times more thanMicrosoft, the most valuable company in the world. It would be 21 times more valuable than the entire U.S. economy, which generated $27.9 trillion in gross domestic product last year.\nSimply put, there is no way Shiba Inu can rise to $1 in its current state. The community is trying to shrink supply by "burning" tokens, which removes them from circulation forever, but efforts have been futile so far.\nAssuming a constant market cap, around 589.25 trillion tokens would have to be burned to justify a price per token of $1, yet just 3.4 million tokens have been burned in the past 24 hours (as of this writing). At that pace, it would take 484,834 years to reach the target. Plus, it won\'t actually lead to gains for investors -- they would simply own 99.9998% fewer tokens at a higher price of $1 each, leaving the value of their net position exactly the same.\nAlthough Shiba Inu might continue to benefit from the renewed positive sentiment toward cryptocurrencies, investors should be aware that the magnitude of any further upside is completely unpredictable. Therefore, it might be best tostick with industry leaders like Bitcoinin the crypto universe, or, better yet, buy tried and tested assets like stocks!\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $487,211!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nShiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?was originally published by The Motley Fool', "New York City, NY, April 24, 2024 (GLOBE NEWSWIRE) --\nIn the ever-evolving cryptocurrency market, significant developments across various digital assets have sparked interest and speculation among investors.Ethereum(ETH), showing signs of recovery following Bitcoin's latest halving event, has been trading below the $3,200 mark with expectations of approaching $4,000. Meanwhile,Shiba Inu(SHIB) has successfully raised $12 million to enhance privacy on its blockchain, andFurrever Token(FURR)continues to charm the market with its presale success amid an overall market uptick.\nEthereum (ETH) Displays Signs of Recovery Post-Bitcoin Halving\nFollowing the recent Bitcoin halving last Friday,Ethereum(ETH) is showing promising signs of recovery, stirring speculation among traders and analysts in the volatile cryptocurrency market. Currently trading below the $3,200 mark, Ethereum is seen by some as ripe for investment, with predictions suggesting a potential rise toward the $4,000 threshold.\nTechnical indicators, such as the Hourly Moving Average Convergence Divergence (MACD), hint at an upcoming bullish run for Ethereum. The cryptocurrency has recently moved past an early resistance level at $3,150, and now faces a higher resistance at $3,280. Surpassing this could set the stage for a significant push towards $3,800, although this would require a substantial increase in trading volume.\nEthereum is currently positioned above the 100-hourly Simple Moving Average (SMA) at $3,120, which supports a positive outlook. Market watchers are closely observing the $3,350 resistance level; breaching this mark could significantly bolster Ethereum's market position.\nHowever, the path to recovery is not without its potential pitfalls. A drop to around $3,010 could trigger concerns, potentially leading to a steeper decline toward the $3,000 level. Despite these challenges, the overall sentiment for Ethereum remains largely optimistic, with some forecasts even placing ETH at $5,000 by year's end, while more conservative estimates hover around $4,385.\nThe Hourly MACD for ETH/USD is showing increasing momentum, potentially moving into a bullish zone soon. Additionally, the Relative Strength Index (RSI) for the pair is above 50, indicating growing gains which could lead Ethereum to an anticipated target of $3,880.\nBeyond the numbers, the sentiment in the crypto ecosystem is bullish, as the market begins to react to the implications of Bitcoin's halving. Ethereum's future could also be influenced by regulatory developments, such as the potential approval of an Ethereum ETF by the US Securities and Exchange Commission (SEC) by the end of 2024. Despite the uncertainty surrounding this approval, the market's speculative mood remains hopeful, underscoring a robust community desire to maintain and grow their Ethereum holdings.\nShiba Inu (SHIB) Secures $12M for Privacy-Focused Blockchain Development\nShiba Inu, a prominent player in the cryptocurrency space known for its canine-themed token SHIB, has successfully raised $12 million through a token sale aimed at developing a new privacy-focused blockchain. This initiative will enhance the security features for its users by building on top of Shibarium, its Ethereum-based layer-2 network.\nAnnounced in a recent press release on April 22, 2024, the fundraising effort saw significant contributions from notable investment firms including Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, and others, demonstrating robust investor confidence in Shiba Inu's vision. These investors purchased TREAT, the upcoming utility and governance token that will underpin the new network.\nThe development of this privacy-centric blockchain is in collaboration with cryptography company Zama, focusing on integrating Fully Homomorphic Encryption (FHE). This advanced privacy tool will allow developers to work with data on untrusted domains securely without the need to decrypt it, marking a significant step forward in protecting user data.\nThe news of this successful fundraising follows a report by CoinDesk in February, which detailed Shiba Inu’s plans to enhance its network's privacy capabilities. As the 12th-largest cryptocurrency by market capitalization, nearing $16 billion, Shiba Inu continues to make strides in the crypto community, aligning with broader market trends.\nThe project is orchestrated by Shiba Inu Mint S.A., a development entity based in Panama, emphasizing the global and collaborative effort behind this ambitious technological venture. This strategic move is expected to bolster SHIB's position in the market, evidenced by a 2.2% increase in its value over the past 24 hours, aligning with gains seen across the broader CoinDesk 20 Index.\nThis development highlights Shiba Inu's commitment to innovating within the blockchain space, ensuring that privacy and security are at the forefront of its expansion efforts. As the project progresses, the crypto community is keenly watching how this new blockchain will impact the overall utility and governance within the Shiba Inu ecosystem.\nFurrever Token (FURR) Thrives in Presale, Capturing Investor Interest Amidst Market Growth\nIn the fast-paced cryptocurrency market,Furrever Token(FURR)has rapidly become a standout investment, captivating significant investor interest with a highly successful presale during a recent market surge. This unique token combines the charm of adorable kittens with the innovative technology of the blockchain, creating an engaging and enjoyable experience in a market often characterized by more serious undertones.\nAt the core of Furrever Token's strategy is the development of a playful and inviting crypto ecosystem that emphasizes fun and community engagement. The platform is designed to be accessible and community-centric, featuring appealing cat-themed graphics, stickers, emojis, and visuals that not only enhance user interaction but also foster a strong sense of community through ongoing social challenges and initiatives aimed at promoting growth. This approach makes the cryptocurrency journey not only profitable but also enjoyable for both seasoned investors and those new to the market.\nThe tokenomics of Furrever Token are thoughtfully designed to encourage participation and support the project's growth. Currently, 65% of the tokens have been allocated for the presale phase, with the project having already raised over $1 million. It is swiftly moving toward completing stage 7 of its planned 10 stages, with a total fundraising goal of $1.9 million set before its anticipated launch on the decentralized exchange PancakeSwap.\nFurrever Token's investment potential is underscored by its promising financial outlook, which offers investors the possibility of up to 15X returns on their initial investment, with the token currently priced at $0.000564. This lucrative opportunity has drawn significant interest from those seeking both substantial returns and an engaging community environment. To ensure trust and security, Furrever Token has implemented robust security measures, including smart contract audits and token lock-up periods, enhancing the project's transparency and commitment to investor protection.\nAs Furrever Token continues to advance and attract new supporters, it positions itself as an exciting and viable project within the broader crypto market. Its blend of cuteness, community engagement, and strong potential for high returns continues to attract a diverse range of investors globally. For those interested in joining this lively community, FURR is available exclusively through its official website, furrevertoken.com, ensuring a secure and dependable platform for transactions.\nLooking ahead, the future appears bright for Furrever Token and its growing community of enthusiasts, as it forges a path toward further success in the evolving world of cryptocurrency.\nFor further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams.\nDiscover the Most Exclusive Presale Opportunity of 2024 Now:Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "In the wake of last week’sbitcoin halving, which is expected to be a major catalyst for the cryptocurrency’s price, reluctant investors and financial advisors might be feeling more pressure than ever to jump on the crypto bandwagon.\nThat's the investor marketGlobal X ETFsis going after with anew bitcoin ETF—the group of people who aren’t really sure they’re ready to invest in bitcoin.\nLaunched March 21 as an alternative to the spot bitcoin exchange-traded funds that have had record inflows since debuting in early January, theGlobal X Bitcoin Strategy ETF (BTRN)is like bitcoin investing with training wheels, although that’s not part of the company's marketing materials.\nThe strategy adjusts exposure to bitcoin futures and short-term Treasury bonds through theGlobal X 1-3 Month T-Bill ETF (CLIP)based on the current bitcoin price and the near-term outlook.\nThe ETF, which was developed in partnership with CoinDesk Indices, is rebalanced monthly and can swing from 100% bitcoin futures to 100% short-term T-Bills. The ETF is currently neutral at 50% exposure to each asset class, according to Adam Sze, Global X head of product development.\n“The ETF allows investors to maintain exposure while providing a means to navigate various market cycles,” Sze said.\nBTRN is the Global X answer to a crypto ETF after the $47 billion issuerpulled it applicationfor a spot bitcoin ETF in late January after it realized it would just be one more ETF in a crowded field of 11,dominatedby heavyweights BlackRock and Fidelity.\n“I’m still shocked Global X didn’t move forward with launching a spot bitcoin ETF,” said Nate Geraci, president of The ETF Store in Overland Park, Kans.\n“That looks like an unforced error as nearly every spot bitcoin ETF has accumulated meaningful assets,” he added. “While the fee revenue from these products is meager, this was an easy opportunity for Global X to further position as an innovative issuer and attract investors to their other ETF offerings.”\nBTRN, which is not cheap at 95 basis points, has attracted less than $3 million over its first month. Time will tell if there’s a market for a strategy that is designed to mute the volatility of an asset that has only known extreme volatility.\nGlobal X, which made its mark with thematic strategies and has a reputation for innovation, has a different take on its move away from the spot bitcoin ETF herd.\n“With the SEC putting all ETF issuers on the same clock, we realized it wouldn’t be possible for Global X to be a first mover or winner take all,” Sze said. “And the spot bitcoin ETFs are really buy-and-hold type products which is not part of the Global X DNA.”\nBut Global X, which closed 19 ETFs this year that failed to gain traction, remains committed to carving out niches, according to chief executive Ryan O’Connor.\n“The things we’re doing and the things we’re looking at are things that we believe are not as easily commoditized and are differentiated from a plain vanilla product,” he said. “That spot bitcoin filing was pulled but we came out and launched a trend version of the product.”\nPermalink\| © Copyright 2024etf.com.All rights reserved", "In the wake of last week’sbitcoin halving, which is expected to be a major catalyst for the cryptocurrency’s price, reluctant investors and financial advisors might be feeling more pressure than ever to jump on the crypto bandwagon.\nThat's the investor marketGlobal X ETFsis going after with anew bitcoin ETF—the group of people who aren’t really sure they’re ready to invest in bitcoin.\nLaunched March 21 as an alternative to the spot bitcoin exchange-traded funds that have had record inflows since debuting in early January, theGlobal X Bitcoin Strategy ETF (BTRN)is like bitcoin investing with training wheels, although that’s not part of the company's marketing materials.\nThe strategy adjusts exposure to bitcoin futures and short-term Treasury bonds through theGlobal X 1-3 Month T-Bill ETF (CLIP)based on the current bitcoin price and the near-term outlook.\nThe ETF, which was developed in partnership with CoinDesk Indices, is rebalanced monthly and can swing from 100% bitcoin futures to 100% short-term T-Bills. The ETF is currently neutral at 50% exposure to each asset class, according to Adam Sze, Global X head of product development.\n“The ETF allows investors to maintain exposure while providing a means to navigate various market cycles,” Sze said.\nBTRN is the Global X answer to a crypto ETF after the $47 billion issuerpulled it applicationfor a spot bitcoin ETF in late January after it realized it would just be one more ETF in a crowded field of 11,dominatedby heavyweights BlackRock and Fidelity.\n“I’m still shocked Global X didn’t move forward with launching a spot bitcoin ETF,” said Nate Geraci, president of The ETF Store in Overland Park, Kans.\n“That looks like an unforced error as nearly every spot bitcoin ETF has accumulated meaningful assets,” he added. “While the fee revenue from these products is meager, this was an easy opportunity for Global X to further position as an innovative issuer and attract investors to their other ETF offerings.”\nBTRN, which is not cheap at 95 basis points, has attracted less than $3 million over its first month. Time will tell if there’s a market for a strategy that is designed to mute the volatility of an asset that has only known extreme volatility.\nGlobal X, which made its mark with thematic strategies and has a reputation for innovation, has a different take on its move away from the spot bitcoin ETF herd.\n“With the SEC putting all ETF issuers on the same clock, we realized it wouldn’t be possible for Global X to be a first mover or winner take all,” Sze said. “And the spot bitcoin ETFs are really buy-and-hold type products which is not part of the Global X DNA.”\nBut Global X, which closed 19 ETFs this year that failed to gain traction, remains committed to carving out niches, according to chief executive Ryan O’Connor.\n“The things we’re doing and the things we’re looking at are things that we believe are not as easily commoditized and are differentiated from a plain vanilla product,” he said. “That spot bitcoin filing was pulled but we came out and launched a trend version of the product.”\nPermalink\| © Copyright 2024etf.com.All rights reserved", 'Bitcoin demand from U.S.-listed spot bitcoin ETFs outstripping new creations has been a nail-biting dynamic for onlookers in recent months, but new questions are surfacing around whether inflows into the products can moderate quickly enough to avoid structural issues following the much-anticipated halving event.\nThe astronomical pace of asset gathering by the suite ofnew wrappers—spearheaded by the $17.3bn iShares Bitcoin Trust (IBIT)—has had a mechanical impact on the market for their underlying asset.\nFrom a price perspective, bitcoin’s rally in early 2024 should cast investors’ minds back to 2004, when the arrival of theSPDR Gold Trust (GLD)preceded a 254% gold price surgewithin seven years—from around $700 an ounce to $2,450—at which point GLD was the world’s largest ETF with $77.5 billion in assets under management (AUM) by August 2011.\nThe same dynamic has played out over a more compressed timeframe in U.S. spot bitcoin ETFs, with more than $30 billion of asset gathering within their first three months being a key driver in bitcoin’s surge from $45,000 to fresh all-time-highs above $73,000 in March.\nHowever, it is important to differentiate between correlation and causation. James Butterfill, head of research at CoinShares, noted a daily average of up to 4,500 bitcoins are being taken out of circulation by spot bitcoin ETFs every day, compared to only 900 new coins being produced each day, owing to daily rewards caps.\nWhile these numbers may sound small in comparison to the estimated 19.6 million bitcoins in circulation, it is important to remember around 70% of bitcoins have not been traded in more than a year— according to cryptocurrency publication CoinDesk—and spot bitcoin ETFs had claimed 4% of all bitcoins in circulation by the start of March, let alone those being regularly traded.\nThe impact of this is also far from purely anecdotal. In fact, the total supply of bitcoins on exchanges had declined 28% between 2020 and the end of February this year, a dynamic reflecting a “severe demand shock”, Butterfill said.\nAside from the direct demand conjured by the arrival of US spot ETFs, data from CryptoQuantrevealedmore than 90,700 bitcoins were withdrawn from major exchanges over the month through April 4, which cryptocurrency publication The Block warned was reducing the liquid supply of bitcoin as investors were taking their coins into cold storage as part of long-term holding strategies, in light of arrival of the new ETFs.\nStefan Wiederkehr, co-founder and managing director of IMP AG, toldETF Streamhis firm has taken profits and “significantly” reduced its bitcoin exposure.\nHe added it is “absolutely” the case that new spot bitcoin ETFs are creating a supply-demand mismatch. This could result in structural issues, which will be brought into sharp focus by the bitcoin on 20 April.\n“IBIT has around $17 billion in assets and the bitcoin halving will reduce supply even more, so there is definitely going to be an issue. There is also going to be an issue for the custodians such as Coinbase as they will not be able to provide [supply] anymore,” he said.\nLast Friday\'s\xa0halving, which saw mining rewards fall from 6.25 bitcoin per block to 3.125 per block, also means the number of new bitcoins produced per day have halved from 900 to 450, Butterfill said.\nAt the current rate, this would mean bitcoin demand by new spot ETFs would outpace new bitcoin creations tenfold.\nHowever, Butterfill noted the halving event coincides with demand for the ETFs slowing in recent weeks. This highlights how future supply concerns will be contingent on whether ETF inflows find a consistent floor at a multiple ahead of new coin supply.\nOn the other hand, it may not take a general supply-demand breakdown to create structural issues for ETFs—rather just the ability of key stakeholders to source bitcoin being called into question.\n“Coinbase does the custody services for eight of the 10 bitcoin spot ETFs in the U.S., which is also quite a concentrated risk,” Wiederkehr continued. “If there is a problem with Coinbase and they cannot provide the short-term financing anymore, or they cannot provide the bitcoins themselves, there could be an inherent liquidity problem.”\nWhile such events may remain hypothetical and distant, such ideas should change the question from "what are the limits of the ETF wrapper?" to "what are the limits of the assets being wrapped in ETFs?"\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'Bitcoin demand from U.S.-listed spot bitcoin ETFs outstripping new creations has been a nail-biting dynamic for onlookers in recent months, but new questions are surfacing around whether inflows into the products can moderate quickly enough to avoid structural issues following the much-anticipated halving event.\nThe astronomical pace of asset gathering by the suite ofnew wrappers—spearheaded by the $17.3bn iShares Bitcoin Trust (IBIT)—has had a mechanical impact on the market for their underlying asset.\nFrom a price perspective, bitcoin’s rally in early 2024 should cast investors’ minds back to 2004, when the arrival of theSPDR Gold Trust (GLD)preceded a 254% gold price surgewithin seven years—from around $700 an ounce to $2,450—at which point GLD was the world’s largest ETF with $77.5 billion in assets under management (AUM) by August 2011.\nThe same dynamic has played out over a more compressed timeframe in U.S. spot bitcoin ETFs, with more than $30 billion of asset gathering within their first three months being a key driver in bitcoin’s surge from $45,000 to fresh all-time-highs above $73,000 in March.\nHowever, it is important to differentiate between correlation and causation. James Butterfill, head of research at CoinShares, noted a daily average of up to 4,500 bitcoins are being taken out of circulation by spot bitcoin ETFs every day, compared to only 900 new coins being produced each day, owing to daily rewards caps.\nWhile these numbers may sound small in comparison to the estimated 19.6 million bitcoins in circulation, it is important to remember around 70% of bitcoins have not been traded in more than a year— according to cryptocurrency publication CoinDesk—and spot bitcoin ETFs had claimed 4% of all bitcoins in circulation by the start of March, let alone those being regularly traded.\nThe impact of this is also far from purely anecdotal. In fact, the total supply of bitcoins on exchanges had declined 28% between 2020 and the end of February this year, a dynamic reflecting a “severe demand shock”, Butterfill said.\nAside from the direct demand conjured by the arrival of US spot ETFs, data from CryptoQuantrevealedmore than 90,700 bitcoins were withdrawn from major exchanges over the month through April 4, which cryptocurrency publication The Block warned was reducing the liquid supply of bitcoin as investors were taking their coins into cold storage as part of long-term holding strategies, in light of arrival of the new ETFs.\nStefan Wiederkehr, co-founder and managing director of IMP AG, toldETF Streamhis firm has taken profits and “significantly” reduced its bitcoin exposure.\nHe added it is “absolutely” the case that new spot bitcoin ETFs are creating a supply-demand mismatch. This could result in structural issues, which will be brought into sharp focus by the bitcoin on 20 April.\n“IBIT has around $17 billion in assets and the bitcoin halving will reduce supply even more, so there is definitely going to be an issue. There is also going to be an issue for the custodians such as Coinbase as they will not be able to provide [supply] anymore,” he said.\nLast Friday\'s\xa0halving, which saw mining rewards fall from 6.25 bitcoin per block to 3.125 per block, also means the number of new bitcoins produced per day have halved from 900 to 450, Butterfill said.\nAt the current rate, this would mean bitcoin demand by new spot ETFs would outpace new bitcoin creations tenfold.\nHowever, Butterfill noted the halving event coincides with demand for the ETFs slowing in recent weeks. This highlights how future supply concerns will be contingent on whether ETF inflows find a consistent floor at a multiple ahead of new coin supply.\nOn the other hand, it may not take a general supply-demand breakdown to create structural issues for ETFs—rather just the ability of key stakeholders to source bitcoin being called into question.\n“Coinbase does the custody services for eight of the 10 bitcoin spot ETFs in the U.S., which is also quite a concentrated risk,” Wiederkehr continued. “If there is a problem with Coinbase and they cannot provide the short-term financing anymore, or they cannot provide the bitcoins themselves, there could be an inherent liquidity problem.”\nWhile such events may remain hypothetical and distant, such ideas should change the question from "what are the limits of the ETF wrapper?" to "what are the limits of the assets being wrapped in ETFs?"\nPermalink\| © Copyright 2024etf.com.All rights reserved', "Omaha, Nebraska, April 24, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc.\xa0(OTCQX: EXOD), the leading self-custodial cryptocurrency software platform, today announced\xa0that James Gernetzke, CFO, will present live at the Blockchain & Digital Asset Virtual Investor Conference hosted by Last 60 Days of Bitcoin's Closing Prices: [51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-24 Financial & Commodity Data: - Gold Closing Price: $2324.50 - Crude Oil Closing Price: $82.81 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,320,155,418,712 - Hash Rate: 671772263.1512126 - Transaction Count: 606713.0 - Unique Addresses: 632356.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gets DeFi: SatoshiDEX Pre-Sale Surpasses $1 Million Goal! London, UK, March 11, 2024 (GLOBE NEWSWIRE) --SatoshiDEX— the world's 1st decentralized exchange, has raised now over $1,000,000 to lead the DeFi on Bitcoin. Pre-Sale is offering users the chance to invest in $SATX, SatoshiDEX's native token. According to the project'swhitepaper, 30% of the total $SATX supply will be distributed through this pre-sale, giving early adopters a unique opportunity to be part of this groundbreaking platform. This pre-sale success signifies the massive potential SatoshiDEX holds. It aims to bridge the gap between Bitcoin's established security and the exciting world of DeFi.Stage 3 of $SATX Pre-Sale is currently LIVE:https://satoshidex.ai/?ref=stdex-of6tGT4i What is SatoshiDEX? SatoshiDEXis a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: • Trade tokens directly on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees, • Stake and earn $SDEX Follow the updated SatoshiDex and subscribe to theirTelegramandTwitter, for future updates.Core Features: • On-chain trading:SatoshiDEX enables peer-to-peer trading of Bitcoin-based assets directly on the blockchain, ensuring trustless and transparent transactions. • Liquidity pools:Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to pools and earn rewards in exchange for providing liquidity. • Stacks L2 chain:Leveraging the Stacks L2 chain, SatoshiDEX aims to overcome scalability limitations on the Bitcoin main net, offering faster and cheaper transactions. SatoshiDEX.ai approach to DEX development on Bitcoin offers a paradigm shift in decentralized asset trading. With Bitcoin's security, SatoshiDEX.ai is able to create a decentralized financial ecosystem. About SatoshiDEX: SatoshiDEX is a decentralized exchange operating on the Stacks Layer 2 chain. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees. Users can directly trade tokens on Bitcoin through its platform onhttps://satoshidex.ai/, enhancing accessibility and reducing transaction costs. By leveraging the Stacks Layer 2 chain, transaction processing is swift while maintaining security and decentralization. SatoshiDEX is leading a new era of decentralized finance, where innovation meets utility on the Bitcoin blockchain. CONTACT: Jeremy Nita contact at satoshidex.ai... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['NEW YORK (AP) — The former Instagram influencer known as “Jay Mazini” whoswindled millionsof dollars from online followers and a network of Muslims during the pandemic was sentenced to seven years in prison on Wednesday, prosecutors said.\nJebara Igbara, 28, of New Jersey, had pleaded guilty to fraud charges, admitting that he created a Ponzi scheme that involved cryptocurrency frauds netting around $8 million. Prosecutors say the money funded a decadent lifestyle that included luxury cars and a lot of gambling.\nExploiting the economic chaos of the COVID-19 pandemic, Igbara leveraged connections in the Muslim community to gather investments for his firm Hallal Capital LLC, saying it would earn returns on stocks, and the reselling of electronics and personal protective equipment.\n“Shamefully, he targeted his own religious community, taking advantage of their trust in him so he could spend and gamble their hard-earned money,” said Breon Peace, U.S. Attorney for the Eastern District of New York, in a statement.\nAs he networked with high-value investors locally, Igbara amplified his online persona, reaching around 1 million Instagram followers, prosecutors said.\nHe built a following in part by filming cash giveaways, often handing stacks of money to fast food workers or everyday people checking out at Walmart. In at least one video, he handed out cash alongside rapper 50 Cent.\nViewers got the impression he was so successful he could just give money away. And his online popularity earned him even more trust from fraud victims, prosecutors said.\nBy 2020, he attracted the ire ofonline sleuthswho openly accused him of fraud, and cheered when he was arrested in 2021 on kidnapping charges. He later admitted in another case to kidnapping a potential witness to his frauds.\nBut many of his victims did turn to the FBI, according to court documents.\nAt least four people told FBI agents they sent over $100,000 in Bitcoin, on a promise of a cash wire transfer, according to court documents. One victim reported being scammed out of 50 Bitcoin, with Igbara first faking $2.56 million in a wire transfer, and later explaining away why the transfers hadn’t arrived.\nIgbara addressed the people he ripped off ahead of his sentencing on Wednesday in a Brooklyn federal court.\n“He apologized profusely to his victims,” lawyer Jeffrey Lichtman said following the sentencing Wednesday in Brooklyn.\nIgbara’s seven-year sentence for fraud will run concurrently with five-year prison sentencing for the kidnapping and includes time served since 2021, his lawyer said.\nAs part of his sentence, Igbara is ordered to pay $10 million to his victims.\nAs for “Jay Mazini,” the Instagram and other social media accounts are mostly scrubbed. But the saga lives on in compilations on YouTube, and in an episode of the 2023 documentary series “The Age of Influence.”', '• US stocks traded mostly lower on Wednesday as traders eyed the release of first-quarter GDP data.\n• Investors are sifting through earnings, with mega-cap tech results rolling in.\n• Tesla rallied Wednesday as traders cheered news of a cheaper vehicle model in the works.\nUS stocks were mostly lower on Wednesday as traders prepared for the release of first-quarter GDP data and digested the latest round of corporate earnings.\nInvestors are waiting on advanced estimates for first-quarter GDP to roll out tomorrow morning, which will give markets a sense of how strong the economy is growing and point to the Federal Reserve\'s next move.\nThe US is expected to have expanded 2.7% in the first three months of the year, according toAtlanta Fed economists, but an especially strong print would raise the risk that the Fed keeps policy tight in order to prevent inflation from gaining a foothold again.\nMarkets are pricing in just one or two rate cuts for the year, according to theCME FedWatch tool,down from as many as seven cuts seen at the start of 2024.\nInvestors are also preparing to take in more earnings results, which have been resilient so far this quarter. The S&P 500 looks on track to post7% year-per-year earnings growth, according to FactSet. Of the companies that have reported financials so far,74% have beat earnings estimates.\nFacebook parent Meta Platforms will report after the closing bell, while Microsoft and Alphabet will report results after the close on Thursday.\nTesla shares jumped 11% higheron Wednesday after the carmaker\'s latest earnings report. Revenue came in below expectations, but investors were pleased with the company\'s confirmation that a low-cost electric vehicle was set to roll out sometime next year.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500: 5,071.67, up 0.02%\n• Dow Jones Industrial Average: 38,460.92, down 0.11% (-42.77 points)\n• Nasdaq Composite: 15,712.75, up 0.1%\nHere\'s what else is going on:\n• A rare bifurcation in the US economy israising the odds of recession, one economist warns.\n• AI\'s impact doesn\'t make it immune to a crash, according to billionaire investor Howard Marks.\n• Tesla stock could see 35% upsideif it follows a four-part plan, Bank of America said.\n• Tesla is headed for a new growth phase asElon Musk is finally the "adult in the room,"Wedbush\'s Dan Ives said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $82.91 a barrel.Brent crude, the international benchmark, slipped 0.3% to 88.13 a barrel.\n• Goldedged lower to $2,332 an ounce.\n• The 10-year Treasury yield rose four basis points to 4.644%.\n• Bitcoinwas down 3.29% to $64,393.\nRead the original article onBusiness Insider', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", 'Ethereum led Wednesday’s non-fungible tokens (NFT) market with a daily sales volume of over US$7.13 million, according to data from CryptoSlam.\nDespite recording the highest sales volume for the day, the leading NFT blockchain hasn’t topped US$10 million since April 4.\nFollowing Ethereum, Bitcoin followed closely behind in the second spot for daily NFT sales, just under US$7.13 million.\nBitcoin had its third consecutive day under US$10 million despite NodeMonkes, a Bitcoin Ordinals NFT, leading Wednesday’s collection rankings.\nSolana took the third spot in daily NFT sales, posting a daily sales volume of over US$5.08 million, driven by a higher number of unique buyers at 29,292 and unique sellers at 23,251, resulting in an impressive 108,427 transactions. These numbers are higher than the combined daily total of Ethereum and Bitcoin.\nOther blockchains such as Polygon and Mythos Chain also reported notable daily activities. Polygon saw sales of over US$1.78 million with 20,992 unique buyers and 7,691 unique sellers, while Mythos Chain had sales amounting to US$850,851 with a robust transaction count of 34,303.', 'NodeMonkes surged to the top of the non-fungible token (NFT) market, recording over US$1.05 million in sales on Thursday, CryptoSlam data shows.\nThe market-leading sales volume pushed NodeMonkes’ all-time sales volume to US$205.01 million, making it the 30th largest NFT collection.\nIt is also sitting at second all-time in total sales volume for a Bitcoin-based collection.\nThe second-highest performing collection of the day was Ethereum-based Bored Ape Yacht Club (BAYC), a blue-chip NFT collection from Yuga Labs, with sales reaching US$1.02 million.\nThe monkey-themed collection’s all-time sales volume now stands at a staggering US$3.13 billion, the second-most in the industry.\nWith Wednesday’s sales total, which experienced a surge in tandem with its third birthday the day before, BAYC snapped an eight-day streak of under US$1 million.\nBAYC and NodeMonkes were the only collections to have at least US$1 million in sales on Wednesday as global NFT sales dropped 1.1% from the previous day to US$24.4 million.\nDMarket, which represents in-game items for the Mythos ecosystem, claimed the third spot in daily rankings, with sales totaling US$841,305 from 33,506 transactions.\nThis high volume of trades involved 4,305 unique buyers and 3,957 sellers.\nDMarket’s all-time sales have now reached US$411.21 million, 16th all-time and around US$55 million away from Bored Ape Kennel Club, a BAYC-linked project.\nOther notable collections include $PUPS BRC-20 NFTs and Mad Lads, which also experienced substantial daily sales.\nBitcoin’s $PUPS BRC-20 NFTs recorded sales of US$730,112.21 with 68 transactions, while Mad Lads posted sales of US$768,411.76 from 53 transactions.\nCollections such as Dokyo and $WZRD BRC-20 NFTs also made their mark, with Dokyo generating US$680,417.15 in sales and $WZRD BRC-20 NFTs close behind at US$740,346.69.\nWZRD has cooled down mid-week, after topping the collections around the halving date.\nOn April 19, it recorded over US$8 million in total sales, driven by surges in Bitcoin-based collections, coinciding with excitement surrounding the successful Runes launch and the halving of a new fungible token protocol.', 'Bitcoin(CRYPTO: BTC)soared 140% over the past year as economic resilience drew investors back to risk assets. Other factors also contributed to that price appreciation, especially the excitement surrounding spot Bitcoin exchange-traded funds (ETFs) and the halving of Bitcoin block subsidies.\nTo elaborate, Bitcoin supply is capped at 21 million coins, and that supply limit is enforced by the periodic halving of block subsidies. The first threehalving eventsoccurred in 2012, 2016, and 2020, and the most recent one took place on April 19, 2024. But investors have been amped up for months because Bitcoin has consistently skyrocketed during the four-year period following halving events.\nRead on to learn more.\nBitcoin miners earn block rewards when they validate a group of transactions (called a block) and add it to the blockchain. Block rewards include two sources of revenue: (1) transaction fees determined by network traffic and data volume, and (2) block subsidies coded into the Bitcoin protocol.\nBlock subsidies represent newly minted Bitcoin. They are paid out each time a new block is generated, which happens about once every 10 minutes. However, the subsidy is reduced by 50% each time 210,000 blocks are added to the blockchain, which happens about once every four years.\nAs mentioned, the most recent halving event occurred on April 19, 2024, when the block subsidy was slashed from 6.25 BTC to 3.125 BTC. Investors are excited by the implications of that event because the halving of block subsidies naturally reduces selling pressure. In other words, the amount of newly minted Bitcoin will decline by 50% over the next four years, meaning miners will have less Bitcoin to sell.\nAs a result, halving events have historically led to significant price appreciation, as shown in the chart below.\n[{"Bitcoin Halving": "Nov. 28, 2012", "Price At Halving": "$12", "Price At Next Halving": "$647", "Return": "5,291%"}, {"Bitcoin Halving": "July 9, 2016", "Price At Halving": "$647", "Price At Next Halving": "$8,821", "Return": "1,263%"}, {"Bitcoin Halving": "May 11, 2020", "Price At Halving": "$8,821", "Price At Next Halving": "$63,462", "Return": "619%"}]\nData source: Morgan Stanley, YCharts.\nBitcoin returned an average of 2,391% and a median of 1,263% between past halving events. However, neither outcome is likely this time around because the gains have become more muted with each subsequent halving. In other words, history says Bitcoin will be worth more four years from now, but the implied upside is less than 619%.\nHowever, that technical analysis is flawed because three data points hardly qualifies as a trend. Moreover, it fails to account for the approval of spot Bitcoin ETFs, a recent development that could unlock enormous demand for Bitcoin in the coming years.\nThe law of supply and demand stipulates that asset prices are directly correlated with demand and inversely correlated with supply. In other words, prices mirror changes in demand, but they run counter to changes in supply. Bitcoin obeys that law, but demand is the most consequential variable given that its supply is fixed.\nTo that end, Fidelity analysts evaluate whether demand is rising or falling in a quarterly report that breaks down various market signals. The most recent report scored the long-term outlook (greater than five years) as neutral, meaning certain metrics hint at strengthening demand, while others point to weakening demand. However, the recent approval of spot Bitcoin ETFs could easily tilt the outlook toward bullish in the coming quarters.\nSpot Bitcoin ETFs provide direct exposure to Bitcoin without the inconveniences inherent to cryptocurrency exchanges. Investors no longer need to create specialized accounts and pay high fees for each transaction. Instead, they can effectively purchase Bitcoin through their existing brokerage accounts, most of which offer zero commission trading. Many analysts believe that value proposition could bring more retail and institutional money to the market.\nIndeed, Geoff Kendrick at Standard Chartered Bank believes ETF inflows could push the price of Bitcoin to $250,000 by 2025. Tom Lee at Fundstrat Global Advisors says that catalyst could carry its price to$500,000 in five years. Finally, Ark Invest CEO Cathie Wood thinks spot Bitcoin ETFs will eventually capture about 5% of institutional assets, driving its price to $3.8 million.\nHere\'s the bottom line: Investors should never fixate on price targets, but the recent halving of Bitcoin block subsidies and the approval of spot Bitcoin ETFs could certainly translate into price appreciation in the coming years. Patient investors comfortable with risk should consider buying a small position in Bitcoin.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $505,010!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.was originally published by The Motley Fool', 'Bitcoin(CRYPTO: BTC)soared 140% over the past year as economic resilience drew investors back to risk assets. Other factors also contributed to that price appreciation, especially the excitement surrounding spot Bitcoin exchange-traded funds (ETFs) and the halving of Bitcoin block subsidies.\nTo elaborate, Bitcoin supply is capped at 21 million coins, and that supply limit is enforced by the periodic halving of block subsidies. The first threehalving eventsoccurred in 2012, 2016, and 2020, and the most recent one took place on April 19, 2024. But investors have been amped up for months because Bitcoin has consistently skyrocketed during the four-year period following halving events.\nRead on to learn more.\nBitcoin miners earn block rewards when they validate a group of transactions (called a block) and add it to the blockchain. Block rewards include two sources of revenue: (1) transaction fees determined by network traffic and data volume, and (2) block subsidies coded into the Bitcoin protocol.\nBlock subsidies represent newly minted Bitcoin. They are paid out each time a new block is generated, which happens about once every 10 minutes. However, the subsidy is reduced by 50% each time 210,000 blocks are added to the blockchain, which happens about once every four years.\nAs mentioned, the most recent halving event occurred on April 19, 2024, when the block subsidy was slashed from 6.25 BTC to 3.125 BTC. Investors are excited by the implications of that event because the halving of block subsidies naturally reduces selling pressure. In other words, the amount of newly minted Bitcoin will decline by 50% over the next four years, meaning miners will have less Bitcoin to sell.\nAs a result, halving events have historically led to significant price appreciation, as shown in the chart below.\n[{"Bitcoin Halving": "Nov. 28, 2012", "Price At Halving": "$12", "Price At Next Halving": "$647", "Return": "5,291%"}, {"Bitcoin Halving": "July 9, 2016", "Price At Halving": "$647", "Price At Next Halving": "$8,821", "Return": "1,263%"}, {"Bitcoin Halving": "May 11, 2020", "Price At Halving": "$8,821", "Price At Next Halving": "$63,462", "Return": "619%"}]\nData source: Morgan Stanley, YCharts.\nBitcoin returned an average of 2,391% and a median of 1,263% between past halving events. However, neither outcome is likely this time around because the gains have become more muted with each subsequent halving. In other words, history says Bitcoin will be worth more four years from now, but the implied upside is less than 619%.\nHowever, that technical analysis is flawed because three data points hardly qualifies as a trend. Moreover, it fails to account for the approval of spot Bitcoin ETFs, a recent development that could unlock enormous demand for Bitcoin in the coming years.\nThe law of supply and demand stipulates that asset prices are directly correlated with demand and inversely correlated with supply. In other words, prices mirror changes in demand, but they run counter to changes in supply. Bitcoin obeys that law, but demand is the most consequential variable given that its supply is fixed.\nTo that end, Fidelity analysts evaluate whether demand is rising or falling in a quarterly report that breaks down various market signals. The most recent report scored the long-term outlook (greater than five years) as neutral, meaning certain metrics hint at strengthening demand, while others point to weakening demand. However, the recent approval of spot Bitcoin ETFs could easily tilt the outlook toward bullish in the coming quarters.\nSpot Bitcoin ETFs provide direct exposure to Bitcoin without the inconveniences inherent to cryptocurrency exchanges. Investors no longer need to create specialized accounts and pay high fees for each transaction. Instead, they can effectively purchase Bitcoin through their existing brokerage accounts, most of which offer zero commission trading. Many analysts believe that value proposition could bring more retail and institutional money to the market.\nIndeed, Geoff Kendrick at Standard Chartered Bank believes ETF inflows could push the price of Bitcoin to $250,000 by 2025. Tom Lee at Fundstrat Global Advisors says that catalyst could carry its price to$500,000 in five years. Finally, Ark Invest CEO Cathie Wood thinks spot Bitcoin ETFs will eventually capture about 5% of institutional assets, driving its price to $3.8 million.\nHere\'s the bottom line: Investors should never fixate on price targets, but the recent halving of Bitcoin block subsidies and the approval of spot Bitcoin ETFs could certainly translate into price appreciation in the coming years. Patient investors comfortable with risk should consider buying a small position in Bitcoin.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $505,010!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nTrevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.was originally published by The Motley Fool', 'Bitcoin fell 4% over the past 24 hours, dipping below $65,000 (£51,919) after outflows from Grayscale\'s exchange-traded fundGBTChit $130m on Wednesday, and BlackRock paused a 71-day inflow streak into its fund.\nRead more:Crypto live prices\nAccording to Coingeckodata, bitcoin (BTC-USD) is currently changing hands for $64,288.\nWednesday saw Grayscale\'s GBTC experiencing outflows of $130.4m, while inflows into other ETFs decelerated, dampening the momentum of the bitcoin bull run.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nAlso, BlackRock\'s (BLK) iShares Bitcoin Trust IBIT fund failed to attract any investor funds for the first time since it started on 11 January, ending a 71 consecutive day streak of inflows. Following IBIT\'s example, seven out of the other 10 spot bitcoin ETFs also reported zero daily inflows.\nAccording to thedatafrom Farside Investors, the only ETFs that recorded inflows on Wednesday were Fidelity’sFBTCand the ARK 21Shares Bitcoin ETF (ARKB), with inflows of $5.6m and $4.2m, respectively.\nBitcoin is not the only digital asset that has fallen in the past day. Of the crypto majors, Solana (SOL-USD) posted 7% fall in the past 24 hours to $146, according to Coingeckodata.\nThe decline in SOL\'s price coincides with reports that the bankruptcy estate of the failed FTX cryptocurrency exchange intends to auction off an unspecified amount of the token this week.\nAccording to a Bloombergreporton Wednesday, citing sources familiar with the sale, a "blind auction" will be conducted to sell the next batch of the former exchange\'s Solana assets. In a recent monthly operating report, FTX disclosed it sold approximately $307.6m worth of SOL and ZBC tokens in March, however, April sales results have not been released yet.\nThe global cryptocurrency market cap today stands at $2.48tn, a decrease of 4.5% in the last 24 hours. Bitcoin dominance is at 50.8% and ether (ETH-USD)\'s 15.4%. according to Coingeckodata.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe downturn in the cryptocurrency market comes after the bitcoin halving event that occurred last weekend. Analysts anticipate that the supply crunch, resulting from the reduced bitcoin issuance after the event, will lead to a price appreciation for the digital asset in the coming months.\nHowever, one analyst stressed that the bitcoin halving isn\'t a "magical event" for investors, and that the event was already priced in.\n"The halving shouldn\'t change anything there. It\'s literally written in the code... it\'s just going to continue. It\'s not this special thing or magical event that makes bitcoin any more or less compelling to invest," 401 Financial Principal & Founder Tyrone RosstoldYahoo Finance Wealth.\nHe added that "for all intents and purposes, for something that is written into the bitcoin code, the halving was priced in."\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin fell 4% over the past 24 hours, dipping below $65,000 (£51,919) after outflows from Grayscale\'s exchange-traded fundGBTChit $130m on Wednesday, and BlackRock paused a 71-day inflow streak into its fund.\nRead more:Crypto live prices\nAccording to Coingeckodata, bitcoin (BTC-USD) is currently changing hands for $64,288.\nWednesday saw Grayscale\'s GBTC experiencing outflows of $130.4m, while inflows into other ETFs decelerated, dampening the momentum of the bitcoin bull run.\nRead more:What is a spot bitcoin ETF and why it has sparked a crypto rally?\nAlso, BlackRock\'s (BLK) iShares Bitcoin Trust IBIT fund failed to attract any investor funds for the first time since it started on 11 January, ending a 71 consecutive day streak of inflows. Following IBIT\'s example, seven out of the other 10 spot bitcoin ETFs also reported zero daily inflows.\nAccording to thedatafrom Farside Investors, the only ETFs that recorded inflows on Wednesday were Fidelity’sFBTCand the ARK 21Shares Bitcoin ETF (ARKB), with inflows of $5.6m and $4.2m, respectively.\nBitcoin is not the only digital asset that has fallen in the past day. Of the crypto majors, Solana (SOL-USD) posted 7% fall in the past 24 hours to $146, according to Coingeckodata.\nThe decline in SOL\'s price coincides with reports that the bankruptcy estate of the failed FTX cryptocurrency exchange intends to auction off an unspecified amount of the token this week.\nAccording to a Bloombergreporton Wednesday, citing sources familiar with the sale, a "blind auction" will be conducted to sell the next batch of the former exchange\'s Solana assets. In a recent monthly operating report, FTX disclosed it sold approximately $307.6m worth of SOL and ZBC tokens in March, however, April sales results have not been released yet.\nThe global cryptocurrency market cap today stands at $2.48tn, a decrease of 4.5% in the last 24 hours. Bitcoin dominance is at 50.8% and ether (ETH-USD)\'s 15.4%. according to Coingeckodata.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe downturn in the cryptocurrency market comes after the bitcoin halving event that occurred last weekend. Analysts anticipate that the supply crunch, resulting from the reduced bitcoin issuance after the event, will lead to a price appreciation for the digital asset in the coming months.\nHowever, one analyst stressed that the bitcoin halving isn\'t a "magical event" for investors, and that the event was already priced in.\n"The halving shouldn\'t change anything there. It\'s literally written in the code... it\'s just going to continue. It\'s not this special thing or magical event that makes bitcoin any more or less compelling to invest," 401 Financial Principal & Founder Tyrone RosstoldYahoo Finance Wealth.\nHe added that "for all intents and purposes, for something that is written into the bitcoin code, the halving was priced in."\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'In 2023,Carvana(NYSE:CVNA) traded as a penny stock after plunging from an all-time high of $360. At the time, investors soured on the name, and it looked like CVNA’s days were numbered. However, CVNA surprised investors and analysts since then, with multi-bagger returns in just over a year. Last month, the stock hit a high of $94. It’s this kind of rally among attractivepenny stocksto buy that can change the fortune of investors.\nIt’s important to note that not all penny stocks can replicate the rally in CVNA stock. The surge in Carvana’s stock should not be construed as a signal for going overboard on penny stocks.\nAt the same time, it’s important to have at least 10% to 15% exposure to penny stocks. One or a few stories like Carvana can have a significant impact on the overall portfolio. In fact, here are seven penny stocks to buy that could rally like CNVA stock and deliver multi-bagger returns.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Shutterstock\nI believe that some of the bestcannabis stocksmight be poised for a big move in the next few quarters. With U.S. elections around the corner, there is likely to be some news related to federal legalization. That’s a big potential catalyst. Further, cannabis is likely to be reclassified as a Schedule III drug in the U.S.\nCronos Group(NASDAQ:CRON) is among the most undervalued cannabis penny stocks to buy. In the last six months, CRON trended higher by 41%. However, this is just the beginning of the rally in my opinion.\nIt’s also worth noting that Cronos ended its fourth quarter with acash buffer of $862 million. This provides the company with high flexibility for organic and acquisition-driven growth.\nIn addition, Germany just legalized cannabis and Cronos has entered the German markets with an initial focus on medicinal cannabis. Further, Australia is another new market for the company. That, plus a strong cash buffer coupled with geographical expansion tells me Cronos is positioned for robust growth.\nSource: T. Schneider / Shutterstock.com\nAnother one of the top penny stocks to buy isArcher Aviation(NYSE:ACHR). Granted, it recently corrected from all-time highs of $7.50 to current levels of $4, but it’s set to launch with flying cars.\nFor one, Archer is preparing for commercial operations in 2025. Two, it just initiated the construction of its manufacturing facility. And, with an initial capacity to produce 650 eVTOL annually, Archer is positioned to scale up operations.\nI also like the fact that Archer has anorder backlog of $3.5 billion. The backlog is from the United States, UAE, and India. The Company will commence operations in these countries before the end of 2026. \xa0Therefore, stellar revenue growth seems likely in the next five years. Helping, Archer will continue to enter new markets.\nSource: T. Schneider / Shutterstock.com\nSolid Power’s(NASDAQ:SLDP) stock is up about 18% on the year. The upside comes after an extended period of correction. In January, Chardan Research estimated that the stock islikely to triple in share priceafter the company deepened its partnership with Korean conglomerate SK On.\nIn terms of business progress, Solid Powerdelivered A-sample cells in 2023to formally enter the automotive qualification process. The Company’s automotive partners includeBMW(OTCMKTS:BMWYY) andFord(NYSE:F). With BMW also involved in parallel research and development, Solid Power has a strong backing.\nFor the current year, the companyshifted focus to A-2 sample cells. The objective is to achieve safer and higher-performance cells. Coming back to the partnership with SK On, the company has expanded its addressable market. Further, SK On will use “Solid Power’scell technology for research and development.” At the same time, SK On will produce solid-state batteries in Korea.\nTherefore, with strong partnerships, high financial flexibility, and steady business progress, SLDP stock is likely to skyrocket.\nSource: PHOTOCREO Michal Bednarek / Shutterstock.com\nWith the completedBitcoin(BTC-USD) halving, the cryptocurrency will likely trade at new highs in the coming months. In fact, it’sbeen estimatedthat Bitcoin is likely to touch $120,000 by the end of the year. If true, some of the best Bitcoin miners are likely to surge higher, includingBitfarms(NASDAQ:BITF).\nI strongly believe the latest correction in the Bitcoin mining stock is a good opportunity to accumulate. It’s also important to note that the correction in BITF stock has been on the back of a $375 million equity offering.\nThe company plans to use the funds for massive hash rate capacity expansion. This will translate into stellar revenue and cash flow upside. To put things into perspective, Bitfarms reported a hash rate capacity of 6.5EH/s at the end of 2023. The Company isexpecting to increase capacityto 21EH/s by the end of the year. With a zero-debt balance sheet and a strong liquidity position, the next leg of expansion will likely follow. Current levels are therefore attractive for accumulation.\nSource: T. Schneider / Shutterstock.com\nPlug Power(NASDAQ:PLUG) currently trades at $2.60. In my view, PLUG stock is deeply oversold and a strong reversal rally is in the cards.\nThe first point to note is that industry tailwinds remain positive with the global hydrogen economy likely to get bigger with time. However, Plug Power has suffered due to cash burn and concerns related to ambitious project execution. At the same time, raising funds would imply significant dilution of equity and that has depressed the stock.\nHowever, there are positives to note amidst the concerns. Recently, Plug Power indicated that the company has made “substantial advancement” in hydrogen generation buildout.\nThe company’s first green hydrogen plant in Georgia has reached a nameplate capacity of 15 tons per day (TPD) of liquid hydrogen production. The Tennessee plant is also operating at a nameplate capacity of 10 TPD. Further, the Louisiana plant is projected to add 15 TPD of liquid green hydrogen by Q3 2024. If revenue growth gathers momentum in the coming quarters, PLUG stock is likely to surge.\nSource: Golden Dayz / Shutterstock.com\nWith a forward price-earnings ratio of 4.4,Ring Energy(NYSEAMERICAN:REI) is among the most undervalued penny stocks to buy. The oil and gas company trended marginally higher by 10% in the last 12 months. I believe that a big breakout rally is in the cards for this $400 million company.\nHelping, I’m bullish on crude trending higher. The reasons are geopolitical tensions and potential rate cuts in the second half of 2024. With higher realized oil prices, Ring Energy is positioned to deliver EBITDA margin expansion and robust free cash flows. Strong quarterly numbers are likely to be another factor that will drive REI stock upside.\nSource: Billion Photos / Shutterstock.com\nAker Carbon Capture(OTCMKTS:AKCCF) is another under-the-radar penny stock to buy. From current levels of 67 cents, the AKCCF stock is poised for 10 to 20 times returns, I believe. It’s important to note that the bullish outlook is backed by positive industry tailwinds that are likely to last beyond the current decade.\nAs an overview, Aker Carbon is a provider of product, technology, and solutions in the field of carbon capture. With increasing focus on decarbonisation, Aker Carbon has a big addressable market in the United States and Europe.\nThe big positive is that the company has a proven proprietary technology with over 60,000 operating hours and seven carbon capture units being delivered. The Company is planning a massive scale-up and istargeting 10 million tons of CO2 captureper annum by 2025.\nTherefore, revenue growth is likely to be stellar in the coming quarters. It’s worth noting that Aker has an order backlog of 2.6 billion Norwegian krone. This provides near-term revenue visibility.\nOn Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,\xa0InvestorPlace\xa0does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s\xa0writers disclose this fact and warn readers of the risks.\nRead More:Penny Stocks —\xa0How to Profit Without Getting Scammed\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe post7 Penny Stocks to Buy That Can Skyrocket Like Carvanaappeared first onInvestorPlace.', 'Penny stockstend to be volatile, illiquid and (in many cases) poor companies with limited financial standing and worse long-term outlooks. But that isn’t always the case, especially with penny stocks on the rise.\nPenny stocks saw per-share pricing drop further than expected in 2023, with ETFs like theiShares Micro-Cap ETF(NYSEARCA:IWC) dropping 2% compared to the wider market’s respectable 7% return since Jan. 1. That may be changing, though, as rate cut prospects, combined with the “worst in class” penny stocks being squeezed, combine to make today’s remaining micro-cap top contenders in their category.\nThe best part about penny stock investing is that you can diversify holdings across a range of sectors, geographies, business types, and more — creating a bespoke, customized portfolio best suited to your unique needs. Here are a few of the top penny stocks on the rise you may want to consider today.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: PHOTOCREO Michal Bednarek / Shutterstock\nStarting from the cryptocurrency side of penny stocks on the rise,Bit Digital(NASDAQ:BTBT) is aBitcoin(BTC-USD) mining stock priced far cheaper than well-known alternatives likeRiot Platforms(NASDAQ:RIOT). The company’s mining units number in the tens of thousands, and to date, they’ve mined more than 6,600 Bitcoins (worth more than $430 million at today’s pricing). That’s a drop in the bucket compared to mega-miners like Riot, which has mined about the same amount in 2023 alone. To offset the disparity, Bit Digital is also diversifying sales streams by leaning into AI-centric infrastructure.\nBit Digital AI is Bit Digital’snew business line, which “provides[s] specialized infrastructure to support generative artificial intelligence workstreams.”\nIn other words, Bit Digital is deploying a suite ofNvidia(NASDAQ:NVDA) units in a high-end data center to help smaller companies access greater artificial intelligence utility by offering multiple computing power access points.\nTo me, this is the future of digital crypto mining: whether due to regulation or cost-prohibitiveness, as mining becomes pricier, these companies will increasingly use their vast computing power to solve peripheral problems. And Bit Digital is a penny stock leading the charge into the emerging paradigm.\nSource: christinarosepix / Shutterstock.com\nDestination XL Group(NASDAQ:DXLG) stands out among penny stocks as a longstanding retailer with a proven business model and operational success. The company specializes in “big and tall” men’s clothing and has experienced a slight sales slump throughout 2023. However, it’s not enough to justify its current valuation.\nRecently, Destination XLposted fourth-quarterand end-of-year results with adjusted earnings of 10 cents per share for the quarter and 50 cents for the year. Although these figures marked a 16% and 20% drop, respectively, from the previous year, the company’s 10.7% EBITDA margin remains impressive. Despite this, Wall Street reacted negatively, sending shares down about 10% post-earnings.\nThis dip has brought the stock to a very appealing 6x price-to-earnings ratio and a share price of just 0.42x sales. Moreover, the company’s effective cash management has allowed it to remain debt-free and maintain high buyback levels. With a total yield of 12.52%, Destination XL Group is a compelling penny stock on the rise.\nSource: Wirestock Creators / Shutterstock.com\nLithium Americas(NYSE:LAAC) ranks among the top penny stocks on the rise this year, despite a sluggish lithium market. However, trends could reverse in 2024, potentially catapulting this Argentinian-focused mining stock. Demand for lithium, driven largely by batteries and renewable energy transitions, is expected to surge more than30% annuallythrough 2030.\nLike other lithium producers, Lithium Americas encountered slow demand and a significant oversupply in 2023, which depressed spot prices. But demand is accelerating, and some analysts predict animminent undersupply, likely pushing spot prices upward and benefiting Lithium Americas.\nMore importantly, Argentinia’s new president, Javier Milei, is sparking bullish sentiment about the lithium-rich region’s mining potential, as he wants toreduce hurdlesfor mining operations and recentlyspoke to Elon Muskabout the issue (lithium, of course, being a critical component in EV production).\nWith the stock tradingbelow its book valueand at a lower price-to-forward earnings ratio than in recent years, Lithium Americas is a unique commodity penny stock set to surge as markets realign.\nSource: Billion Photos / Shutterstock.com\nDesktop Metal(NYSE:DM) is a surging penny stock. The 3D-printing stock climbed over 15% since Jan. 1. Despite trading below previous highs, the penny stock is poised to broaden its market reach by targeting new audience segments with substantial growth potential.\nDesktop Metal’s healthcare-focused subsidiary,Desktop Health, has rolled out an expansiveinitiative called ScanUpaimed at dental professionals. This move capitalizes on the fact that “half of the dentists in the United Stateshave not yet adopted intraoral scanning,” representing a significant untapped market, as noted in a company press release. The ScanUp platform requires a 36-month commitment and promises to generate more predictable, recurring revenue for the small-cap 3D-printing penny stock.\nClosing out 2023, Desktop Metal notablyreduced its net lossto $323.4 million from $740.3 million the previous year. Although it is still on the path to profitability, Desktop Metal presents a high-risk but potentially high-reward penny stock investment opportunity within the expanding 3D-printing sector.\nSource: John Brueske / Shutterstock\nA few weeks ago, Ibriefly examinedThe Metals Company(NASDAQ:TMC) from a legislation perspective, theorizing thatGreenTech initiativesmight benefit the deep-sea metals mining firm. However, renewed Federal interest in sourcing essential metals and minerals from the ocean is not the only factor buoying this penny stock.\nThe companyrecently addedSteve Jurvetson as Vice Chairman and “special advisor” to the CEO. Jurvetson’s track record includes early investments and board roles atSpaceX,Tesla(NASDAQ:TSLA), andPlanet Labs(NYSE:PL), among others. Although relying solely on one individual to turn a company around is risky, Jurvetson’s experience nurturing small, speculative companies could significantly impact this deep-sea mining penny stock.\nA current concern for The Metals Company is itsburn rate—deep-sea mining exploration is expensive and slow to yield results. The company currently has enough cash and credit to sustain its operations for approximately another year. However, with Jurvetson’s appointment, expect strategic investment opportunities to surface soon, as he may begin leveraging his Silicon Valley connections for potential capital influx.\nSource: John Brueske / Shutterstock.com\nEnovix Corporation(NASDAQ:ENVX), an energy-centric penny stock, is leading the charge in cutting-edge battery technology. Unlike prominent battery producers like Tesla, which shifted their lithium-ion batteries away from rare earth materials while maintaining the basic battery structure, Enovix is revolutionizing the entire concept.\nThe company produces 3D silicone lithium-ion batteries, which are inherently more scalable and suitable for high-capacity applications such as smartphones and tech wearables. Enovix demonstrated this capability with two significant achievements recently. First, the companyobtained FDA approvalto include its batteries in vital sign monitors, such as blood pressure and heart rate monitors. Soon after, Enovix secured a major contract with the US Army to supply batteries fornext-generation military wearables, thus integrating 21st-century technology into soldiers’ toolkits.\nAlthough still focused on R&D, Enovix’s recent victories suggest a rapid acceleration as the company begins marketing its innovative batteries.\nSource: viewimage / Shutterstock.com\nFinally, on the cannabis stock side of the penny stocks spectrum,Tilray Brands(NASDAQ:TLRY) is a leading competitor thanks partly to German legalization efforts opening new global market opportunities forcannabis stocks. The stock surged 26% in just a few days, a spike that rapidly reverted to early 2024 per-share pricing after the hype slowed.\nLooking at broader sector-specific trends, the outlook strengthens further. U.S. legislatorscontinue to advocatefor rescheduling cannabis from Schedule I to Schedule III, though full legalization remains off the table for now. Even a slight federal relaxation of cannabis regulat Last 60 Days of Bitcoin's Closing Prices: [51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-25 Financial & Commodity Data: - Gold Closing Price: $2329.80 - Crude Oil Closing Price: $83.57 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,275,706,950,541 - Hash Rate: 630674365.8262494 - Transaction Count: 526242.0 - Unique Addresses: 633650.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – March 15, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: iShares Bitcoin Trust IBIT, Fidelity Wise Origin Bitcoin Trust FBTC, Bitwise Bitcoin ETF BITB, Valkyrie Bitcoin Fund BRRR and VanEck Bitcoin Trust HODL. Here are highlights from Thursday’s Analyst Blog: In an unprecedented surge of investor interest, spot bitcoin ETFs witnessed record inflows exceeding $1 billion in a single day on Mar 12, according to data from BitMEX Research.BlackRock's iShares Bitcoin Trustwas at the forefront, attracting nearly $850 million of capital. This underscores the rapidly growing enthusiasm for Bitcoin and its related financial products. Since its launch on Jan 11, 2024, IBIT has remarkably amassed more than $11 billion in inflows, dwarfing the combined inflows of nine other issuers who received approval from the Securities and Exchange Commission (SEC) to launch bitcoin spot price-based ETFs. The success of IBIT reflects a substantial shift in investment trends toward digital assets, especially Bitcoin, which remains the most significant cryptocurrency by market capitalization (read: Spot Bitcoin ETF). This growth is reflective of the broadening appeal of bitcoin ETFs among investors seeking exposure to the cryptocurrency market through regulated financial products. The collective AUM of the 10 spot bitcoin ETFs has exceeded $60 billion. With the unprecedented amount of capital flowing into crypto products, the world's largest cryptocurrency has been on an unstoppable rally. Bitcoin surpassed the $73,000 mark for the first time ever. This marks the fourth all-time high in six days. A looming reduction in the digital token’s supply growth (halving event) is also contributing to its huge rally (read: Bitcoin on an Unstoppable Rally: 5 Sizzling Hot ETFs). With Bitcoin's unique position in the digital currency space, many remain bullish on its future, forecasting it to breach the $100,000 mark before year-end. Further, Bitcoin seems to be a potential successor to gold as a secure asset, promising continued value growth driven by its increasing integration into the financial ecosystem. The cryptocurrency’s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. Let’s delve into the above-mentioned ETFs in detail: iShares Bitcoin Trust iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. IBIT has AUM of $14.8 billion and trades in an average daily volume of $26.6 million shares. Fidelity Wise Origin Bitcoin Trust Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024. It trades in an average daily volume of 11 million shares and has amassed $9.2 billion in AUM. Bitwise Bitcoin ETF With AUM of $1.9 billion, Bitwise Bitcoin ETF invests directly in Bitcoin and is easily accessible from a brokerage account. It has the lowest fees among the spot Bitcoin ETFs at 0.20% (read: Bitcoin Bulls Racing for $450K? Zooming in on Crypto ETFs). Valkyrie Bitcoin Fund Valkyrie Bitcoin Fund reflects the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate - New York Variant. It has an expense ratio of 0.25%, but the fee has been waived off for the first three months. Valkyrie Bitcoin Fund has accumulated $404.3 million in its asset base and trades in an average daily volume of 263,000 shares. VanEck Bitcoin Trust VanEck Bitcoin Trust seeks to reflect the performance of the price of Bitcoin less the expenses of the Trust's operations. It charges 20 bps in annual fees but the entire fee will be waived off for the first $1.5 billion of the Trust’s assets. VanEck Bitcoin Trust currently has $438.5 million in AUM and trades in a volume of 418,000 shares a day on average. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report iShares Bitcoin Trust (IBIT): ETF Research Reports Fidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports VanEck Bitcoin Trust (HODL): ETF Research Reports Valkyrie Bitcoin Fund (BRRR): ETF Research Reports Bitwise Bitcoin ETF (BITB): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/LadyRaoulDukeGonzo', "My Roommate Is Mining Bitcoin But He Claim He's Doing It In A Way That Won't Make Our Electricity Bill Skyrocket. Is This Even Possible? ", 40, '2024-04-25 00:35', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', 'This guy tends to bend the truth at times and I noticed he had a bunch of new computer hardware after talking about his interest in mining Bitcoin. Pretty much the only thing I know about mining is that it consumes a lot of electricity. When I asked if this would drive up the electricity bill he said some bullshit like, "oh, no thats why I have a CPU, so that it wont consume so much." Look, dude, all computers have a CPU, I\'m not that stupid. My question is, is there any hardware or something that could possibly make this true? I\'m like 99% sure he\'s full of shit but I don\'t want to put his balls in a vice on the off chance he\'s not. Sorry to sound so uninformed here, just thought I should ask.', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', '1ccbsb8', [['u/TacoShopRs', 37, '2024-04-25 01:11', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/l14cb1w/', 'He could be mining crapcoins probably using something like Nicehash that mines the best coins with his computer and pays in Bitcoin. If he is using an actual bitcoin miner you would 100% make the electricity bill skyrocket and would be very hot and loud. \n\nIf he is using a gaming computer to mine then it would probably pull maximum 400w with the highest end pc and that’s like $30 a month at 10c/kwh.', '1ccbsb8']]], ['u/unpopularpuffin9', 'Sold my 1 bitcoin for cro. One week update', 72, '2024-04-25 03:13', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', '1ccf7qu', [['u/A3rdRanger1776', 18, '2024-04-25 05:24', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/l15eeq8/', 'Selling (1) BTC at ~$65,000 = ~565,000 CRO. About 113,000 CRO in earnings over (1) year, or 2350 a week. \n\nObvious my numbers are off a bit since you said 2500 CRO a week, so you probably sold your BTC higher than $65k. 👍 \n\nIf BTC goes to $100,000 in the next 365 days, you would have gained about $35,000.\n\nAlthough, if BTC did/does go to $100,000 in 365 days, obviously 🙄 CRO would follow to about .25+. If you locked in at 11.2 cents…that’s a gain of “at a minimum .08, or .14 on the high end”.\n\n.08 x 565,000 CRO = $45,200 in gains. Basically if BTC only pumps to $100k in 365 days, you made a REALLY good decision!!!!!\n\nAt .14 x 565,000 CRO = $79,100 in gains. After (1) year you could sell 565k CRO + your gains and own around 1.5 BTC 😆, if BTC is $100k.\n\nThats pretty awesome!!', '1ccf7qu']]], ['u/unpopularpuffin9', 'Sold my 1btc for CRO. Staked it for 20%. 1 week update.', 316, '2024-04-25 03:13', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', '1ccf86r', [['u/Game_310', 56, '2024-04-25 04:25', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l1568qq/', 'Nice, 2,500 a week 🚀. I’m getting 943 Cro a week from my Icy stake and thought that was a lot lol.', '1ccf86r'], ['u/weswak89', 29, '2024-04-25 04:28', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l156ryu/', 'This guy just flexing on all of us', '1ccf86r'], ['u/unpopularpuffin9', 19, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l157z6b/', 'Seas are clear now, 51 weeks to go. A lot could happen.', '1ccf86r'], ['u/unpopularpuffin9', 27, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15839l/', 'That is a lot! Who knows, could be financial independence level by the time we see the top of this cycle', '1ccf86r'], ['u/kemek', 11, '2024-04-25 06:01', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15iybt/', 'You had one single BTC and traded it for CRO… Umm.', '1ccf86r'], ['u/ShibaInuMan', 11, '2024-04-25 06:16', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15kmcd/', 'Nice! Wish we had something like that. In the U.S. we get a 1099-Misc form sent to the IRS reporting any staking rewards of $600 or more per year. Every single transaction is also reported in a 1099-K form sent to the IRS. \n\nStaking rewards= considered income and it is taxed at your regular tax bracket\n\nIf you hold your staked rewards (that you already paid income taxes on) them then sell them a year later at a higher price= capital gains taxes on the difference from the acquired price if selling at a profit.\n\ncashback rebates is not income or taxed. If you hold them and sell them later at a higher price = capital gains taxes on the difference from the acquired price if selling at a profit.', '1ccf86r'], ['u/7ivor', 103, '2024-04-25 06:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15lbde/', 'Are you up in btc terms? Sold bitcoin for it, would make more sense to measure the returns against bitcoin.', '1ccf86r'], ['u/Tyranoc4', 15, '2024-04-25 06:40', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15ndh0/', 'a lot will happen.', '1ccf86r'], ['u/-X5-', 68, '2024-04-25 06:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15nrne/', 'This.\n\nI would estimate that OP is down 2% in BTC.', '1ccf86r'], ['u/Sea-Fondant3492', 61, '2024-04-25 10:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l167mxc/', 'Selling BTC for CRO is the worst idea I’ve ever heard in my life…', '1ccf86r'], ['u/CyberKingfisher', 12, '2024-04-25 13:56', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16rpw0/', 'Hmm… depends on how you see it. In this bull run, BTC might do 2-3x from current price. CRO might do 5-7x, possibly more. \n\nIt would make sense to buy BTC with returns then convert CRO back to BTC after the 12 month lock in period because BTC is more stable long term. I have no doubt CRO will dump again when people take profits. It all depends on your short, medium, long term goals', '1ccf86r'], ['u/Shabuwa', 10, '2024-04-25 14:26', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16vj3w/', 'tax bill? he left out the part that he bought the btc 3 weeks ago at 73,000 /s', '1ccf86r'], ['u/unpopularpuffin9', 21, '2024-04-25 17:57', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l17unp0/', "Thank goodness I don't live in the US. For such a large country, you'd think they'd have a tax system that makes sense to the average person.", '1ccf86r'], ['u/usernamezombie', 11, '2024-04-25 22:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l192xxx/', 'Large country. Hungry politicians for tax dollars. Enormous appetite for giving away tax payer dollars across the globe.', '1ccf86r']]], ['u/ZnV1', ' Hashing explained from scratch for noobs (like me), not for chad devs #dvsj ', 280, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', 'assuming you have no knowledge about hashes, this is me trying to explain it. \n*note: this is NOT related to hash brownies.\n\n# Find 5 differences between these pages 🥸\n\nI fell for a "WFH opportunity make $$$ from home comparing docs" scheme. \nI want to compare 2 pages manually. My algorithm would be:\n\n1. Take all words from the first page, take all words from the second page\n2. See if all words are the same in both pages\n\nJoking. Who has time to read everything? \nMore realistically, this is what I would do:\n\n1. Take first 2 words on the page (`good morning`), last 2 words on the page (`okay bye`)\n2. See if those 4 words are the same in both pages (`good morning`, `okay bye`)\n\n[why see all word when few word do trick?](https://preview.redd.it/uoeg5tlsfjwc1.png?width=714&format=png&auto=webp&s=3f699931b1a1f58fa0d4cc3dc186dc86dc33b8e2)\n\nMagic!* Instead of checking all words on the page, we looked at 4 words and decided if two pages are the same. \nWe have reduced the whole content of the page to just 4 words, kind of like an identifier that represents the whole page. These 4 words are called the hash. \nHash: A short text of a particular length that represents larger text.\n\n-----\n\n# But my algorithm sucks, right? 👎🏽\n\nObviously, there is a high chance of false positives and duplicates. \nAny page that starts with `good morning` and ends with `okay bye` will give us this hash. \nWhen different content results in the same hash, it’s called a collision.\n\nCan we improve our algorithm to reduce chances of collision?\n\n1. Instead of just the first and last words, take all the words in the page.\n2. Replace the alphabets with numbers - `A = 1`, `B = 2` and so on to get a large number.\n3. Do random mathy stuff. Add 19237, divide by 842, multiply by 91, divide by 1928 etc.\n4. We might get the number `8364181236938917`. I’d say that’s pretty unique. Better than `good morning okay bye`!\n\nYou get the idea - we generated the hash considering only first 2 and last 2 words, but the computer can generate a hash where it considers all the letters in the content! \nThis means that even if 1 character is changed, the hash will vary by a large margin.\n\nThat’s it, you now know what hashing means.\n\n-----\n\n# A quick review: what have we learnt from our "algorithms"?\n\n1. Hashing is one way. When we are given only the hash (`good-morning-okay-bye` or `8364181236938917`), there’s no way we can find the complete original content of the page.\n2. Hash value is repeatable. No matter how many times we regenerate the hash: for a particular input, the hash will always be the same.\n3. (very) hard to find any input that can give us a particular hash. If I give the hash `8364181238938917`, how do you find an input that generates this exact hash? The only way to find an input that gives that exact hash is to try different values repeatedly. And there could be like a billion values, so…yes, pretty hard. As long as the algorithm is good.\n\nSome popular algorithms: SHA, BCrypt, MD5.\n\nI know what you\'re thinking. "Blah blah blah theory theory, but why tf do I care?", so here are some general applications.\n\n-----\n\n# Used to Verify Data Integrity - Checksums ✔️\n\n(Checksums are just another name for hashes. One cool word free.) \nWhen we download software, there are chances that the file we downloaded aren\'t exactly the same as what they\'ve uploaded. \nMaybe there was a network issue and you have only half the file, maybe there was some dude in the middle who handed off a fake file to you.\n\nSo how do companies help us verify this?\n\n1. They generate a hash of their full exe file (and call it checksum instead of hash ofc)\n2. We generate a hash of the file that we downloaded\n3. We compare both. If they match, it\'s the same file.\n\n[Example from the VLC download website. I\'m too cool for winamp](https://preview.redd.it/euuoc7nxfjwc1.png?width=1080&format=png&auto=webp&s=3de7c898f31231cd5e73f07c65fc955483fe573a)\n\n-----\n\n# Used to quickly compare data - User passwords 🤐\n\nLet’s say your password is “your\\_crush\\_from\\_2nd\\_grade” and its hash is `13378008135`. \nInstead of storing user passwords directly, we hash it and store the hash of the password in the DB. \nDuring login, we hash the entered password and compare it with the value in the DB. If it matches, you’re in. \nThe advantage here is that even if someone gets access to the DB, they will only see `13378008135` and your password won’t be exposed. Your secret crush is safe.\n\nBut wait - remember hash collisions where multiple inputs can give us the same hash value? Yup, this means that login will succeed if you enter any password that produces the exact hash `13378008135` since we only compare hashes and not the actual passwords.\n\nIn good algorithms like BCrypt or SHA-512, odds of collision are almost 0 and we don\'t worry about it. Older algorithms like MD5 shouldn\'t be used tho.\n\n-----\n\n# Used to prove you have put work into it - Bitcoin (one for the crypto bros) ⚒️\n\nI said it’s “hard to find inputs that can give us a particular hash”. But really, how hard can it be, right?\n\nWhen countries mint (print) money notes, the country owns it. But what about when new Bitcoins are created? \nTo decide that, they have a mechanism called "proof of work": they give you a hash, you have to find an input that gives that exact hash.\n\nThis is SO hard that people buy thousands of computers, trying millions of input values one by one to see if they\'re the lucky winner - and they still fail. It\'s a lot of work. \nWhen you see news about how crypto is wasting electricity, huge server farms etc - this is what they refer to, cryptomining.\n\nIf it feels funny, let’s get real: if you had figured out just one single hash last year, you would have made SERIOUS bank. Look up the price of Bitcoin last year. That’s how hard it is to reverse a hash.\n\n-----\n\n# Some example hashes\n\n "test" : "098f6bcd4621d373cade4e832627b4f6"\n "text" : "1cb251ec0d568de6a929b520c4aed8d1"\n "t" : "e358efa489f58062f10dd7316b65649e"\n\nNote that even with a single character change, results differ completely.\n\n-----\n\nThat’s it! You should now know enough about hashing to identify it around you, and also read more about it online. :)', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', '1cch13e', [['u/ZnV1', 18, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l158l6q/', "Any feedback or questions are welcome. Tried to generalize things a bit to make it more digestible - most of these parts are a separate post on their own (don't get me started on passwords, salting, rainbow tables etc!) :)\n\nAlso let me know if there are other topics you might be interested in :D", '1cch13e'], ['u/solarisNebula', 60, '2024-04-25 06:19', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l15l08w/', 'Awesome post. Please do another one on OAuth authentication if you can. Again thousand upvotes if I could man. Awesome post.', '1cch13e'], ['u/Hlemguard', 10, '2024-04-25 07:53', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l15usoj/', 'I second this, would be amazing! Thanks for your post!', '1cch13e'], ['u/KalvinOne', 15, '2024-04-25 08:54', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/l160cqc/', 'This is incredible. I never got to learn how hashes work and you explained it perfectly in under 5 minutes.\n\nYou should make a Youtube Shorts version of this and post it online with hashes, auth, and other webdev concepts.', '1cch13e']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, April 25, 2024', 25, '2024-04-25 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/', '1cciitq', [['u/John_Crypto_Rambo', 12, '2024-04-25 06:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l15n6ko/', 'monthly RSI', '1cciitq'], ['u/a06play', 14, '2024-04-25 11:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16d0ol/', "Two wars, unlimited dollars and i'm feeling bullish, floating around 60K like when you chill at the beach, not a care in the world.\n\nPut your HODL stack to one side and wait. Gamble your trading sack until the hairs on your balls turn grey.\n\nBitcoin adoption will only grow from here.", '1cciitq'], ['u/noeeel', 12, '2024-04-25 12:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16izgb/', 'Just a reminder that the daily bbands already break down.\n\nThe attempt to make this downbreak only a fakeout with a retrace to the upside just failed.', '1cciitq'], ['u/btchodler4eva', 17, '2024-04-25 13:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16o4u6/', 'Not really news but seems ETH ETF will be denied next month:\n\nhttps://x.com/deitaone/status/1783437874068607069', '1cciitq'], ['u/WYLFriesWthat', 12, '2024-04-25 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16op4y/', 'Today we celebrate our sacrifice to the chart gods. For the price of one red monthly candle, they shall grant us a Herculean support level to buoy the parabolic move to come. \n\nAnd now, let us tempt fate. \n\n!bitty_bot predict !>80000 may 1', '1cciitq'], ['u/Outrageous-Net-7164', 16, '2024-04-25 13:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16qc59/', 'Alts have been all but killed this cycle havent they. Sure sign that retail haven’t got involved in the bull run. \n\nNot sure what to make of it all to be honest.', '1cciitq'], ['u/Frunknboinz', 10, '2024-04-25 13:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16qxhh/', "Regular retail isn't sitting at home with fresh gov money.\xa0 Those around are playing micro cap new-age meme coins.", '1cciitq'], ['u/Cultural_Entrance312', 16, '2024-04-25 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16vfuc/', 'On the hourly BTC brock though the rising channel it was in and hit resistance around the old sloping resistance from the last pennant. RSI is at 40.2 (average 36.3) at time of writing. Current, nearby, resistance are 64.1,65.7 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 63, 61.7, 60.5 and 59.\n\nThe daily RSI is 45.1 and its average is currently at 45.5. A falling wedge is forming and BTC is at the upper resistance of it. Same resistances/supports as I mention in the hourly. This could correct down to the sloping support line over the next couple of days. I think it will be depend on how 63k holds up.\n\nBTC closed for the 3^(rd) week in a row in the red. This hasn’t happened since last year, so the selling may begin to taper off. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. Currently 68.8 (78.1 average). A more traditional pennant formation has been formed (It did wick below it due to Israel/Iran). Current support from the pennant is about 61.5. Will need to make sure the rising support holds. If this is a continuation pattern and is the midpoint, the target would be about 140k+/-. Main resistances were noted above.\n\nBitcoin closed it’s 7th monthly green candle in March and was overbought with a closing RSI at 76.8. BTC’s is not overbought currently, it’s monthly RSI is 69. Odds of an 8^(th) green candle have dropped significantly; it is still possible though.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/Yv7zzLqi/](https://www.tradingview.com/x/Yv7zzLqi/)\n\nDaily: [https://www.tradingview.com/x/vzs1mJmS/](https://www.tradingview.com/x/vzs1mJmS/)\n\nWeekly: [https://www.tradingview.com/x/DvL97UHi/](https://www.tradingview.com/x/DvL97UHi/)\n\nMonthly: [https://www.tradingview.com/x/dqnAMd9v/](https://www.tradingview.com/x/dqnAMd9v/)', '1cciitq'], ['u/dopeboyrico', 12, '2024-04-25 14:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16w88k/', '[AUM held in new spot ETF’s is now at $34.4171 billion through day 72 or ~536.25k BTC.](https://x.com/bitmexresearch/status/1783449880435818996?s=46&t=bgSu-sbt11MTMG1Zh__ugw) This figure includes up to $16.9630 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $478.02 million with average inflows of $406.37 million or ~7.45k BTC.\n\nThe difference between average daily AUM and average daily inflows is currently 17.6%. For every $1 coming into new spot ETF’s, AUM is increasing at a rate of $1.176.\n\nFund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $34.4171 billion is 0.202% of their total AUM. At current pace fund managers will reach a 1% allocation into BTC within 356 trading days of spot ETF launch. There are 252 trading days in a year.\n\nPut in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 81.8% of that amount of BTC over the span of 72 trading days.', '1cciitq'], ['u/Cadenca', 21, '2024-04-25 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16wwwv/', "Pretty sizable GDP miss in the US today, 1.6% vs 2.5% expected. Likely to be good for Bitcoin, easily ups the hopes for rate cuts... at some point... eventually. Doesn't hurt, at least.", '1cciitq'], ['u/adepti', 13, '2024-04-25 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l16ysbp/', 'Not sure if a V shaped bounce is in order here. We already had our v shaped bounce off of the 60k level and that turned into a dead cat bounce and rejected off of 67k. If we retest that 60k support again we might just slice right through it like butter this time . \xa0', '1cciitq'], ['u/DaBrokenMeta', 13, '2024-04-25 15:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l171nyu/', 'Reasons for price dropping today:\n\nWoke up funny, realized my ex gf probably doesn’t think about me AT ALL. My parents yelled at me. Red tide is blooming in the Atlantic Ocean. There is a full moon. There was a black crow outside my window. A person named Sam died today another person named same will likely pass away somewhere in the world later today. I was hungry for food and fridge was empty. \n\nThe list goes on. ):', '1cciitq'], ['u/Alert-Author-7554', 11, '2024-04-25 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l177rvf/', 'a hodl a day keeps the goblin away', '1cciitq'], ['u/escendoergoexisto', 10, '2024-04-25 15:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l178f4c/', 'On the daily view, I use the 50EMA & 50SMA as momentum and trend change indicators. PA had broken below both yet regained the 50DEMA. Today, it has broken back below the 50DEMA. That signals more downside to come. Scroll back through this bull run with those moving averages on the daily and you’ll see the importance of them. Currently, PA needs to regain the upside of the 50DEMA and pull it up for a cross of the 50SMA to create a trend change and establish some bullish momentum.', '1cciitq'], ['u/I_AM_AN_AEROPLANE', 13, '2024-04-25 16:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17a3qe/', 'I know this signals more down, but im not feeling it yet…', '1cciitq'], ['u/mad_bitcoin', 21, '2024-04-25 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17bahe/', 'Maybe a decoupling from the stock market would be in order? lol', '1cciitq'], ['u/AverageUnited3237', 14, '2024-04-25 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17ds5v/', 'Good day to get my tax refund. The system is a scam.', '1cciitq'], ['u/supersonic3974', 47, '2024-04-25 16:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17eaa2/', 'GBTC has removed "largest Bitcoin ETF" wording from their website!', '1cciitq'], ['u/mad_bitcoin', 10, '2024-04-25 16:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17hc16/', 'lol...FU GAYSCALE!', '1cciitq'], ['u/John_Crypto_Rambo', 27, '2024-04-25 17:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17mu4h/', 'Perhaps replace with banner saying “Largest Bitcoin ETF Fees”?', '1cciitq'], ['u/StaticWood', 12, '2024-04-25 17:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l17oapa/', 'Or largest ETF outflow provider :)', '1cciitq'], ['u/Odd_Occasion_563', 14, '2024-04-25 18:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l1804yj/', 'Refund is almost always a bad thing. It means the govt borrowed your money. The 20k I owed the government was one additional btc in my pocket in Jan23', '1cciitq'], ['u/_supert_', 12, '2024-04-25 18:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18358h/', 'Shit be fucked = stonks go up, in my book.', '1cciitq'], ['u/CurrencyAlarming1099', 12, '2024-04-25 19:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l183v7t/', "Exactly. Dollar losing value means the price of everything goes up. \n\nInflation is the only viable political path. Yes it can be worked around in the short term but eventually it's either austerity or inflation and I know which one the people prefer. The end game is likely still decades away though, anyone betting on the dollar's collapse in the near future will be rekt.", '1cciitq'], ['u/adepti', 14, '2024-04-25 20:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l189e21/', "Looks like they'll chop n churn us all summer, and serve us daily crab for the rest of the summer. Hope ya'll like blue balls crab\n\nSince it's election year, I'm sure they'll prop things back up after summer and it's business as usual come winter time just in time for elections.", '1cciitq'], ['u/GhostEntropy', 11, '2024-04-25 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18blcm/', 'planning for the invevitable', '1cciitq'], ['u/Belligerent_Chocobo', 11, '2024-04-25 20:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18dgts/', "Except the Fed has been a net seller of Treasuries for a couple years now, and the overall money supply has been decreasing, not increasing.\n\nSure, longer term, yes of course they're going to be running the printers again, but let's at least be honest about the facts on the ground today...", '1cciitq'], ['u/YouAreAnFnIdiot', 11, '2024-04-25 21:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18nvyu/', ' seems like dumps getting weaker? Morale almost to low levels?', '1cciitq'], ['u/notagimmickaccount', 19, '2024-04-25 21:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18p9de/', 'and just as we all predicted, the epic sat from the latest halving block sold for 33.3BTC. LOOOOOOOL \nhttps://www.coinex.com/en/halving-block-auction', '1cciitq'], ['u/nationshelf', 10, '2024-04-25 21:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18ujy1/', 'Transaction fees back to normal', '1cciitq'], ['u/xtal_00', 56, '2024-04-25 22:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l18w1gm/', 'Goblin town has really gentrified.', '1cciitq'], ['u/AverageUnited3237', 10, '2024-04-25 22:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l19564s/', 'Well fucking shit lads, that GOOG moon has really ballooned my income. Time to step up the DCA', '1cciitq'], ['u/btctrader12', 16, '2024-04-25 23:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cciitq/daily_discussion_thursday_april_25_2024/l196msd/', 'Looks like this will chop for centuries or drop. Going to stop looking at the price and try to enjoy the summer', '1cciitq']]], ['u/McSOUS', 'Fell for a scam at work. Completely distraught', 343, '2024-04-25 06:31', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/', 'Someone called my work 10 minutes before we closed impersonating the owner\'s brother, he name dropped the owner and the actual brothers name. Said there was a fed ex order coming soon that he needs confirmation for, gave me transaction numbers and everything. Fed Ex person calls and relays the same information as well as giving other info that the "brother" told me to ask. like name, eta and stuff. I was fully believing it out of panic since he made it seem so urgent. Gave me reference numbers for payments but said one didnt go through since "Fed Ex doesnt accept cheques". The "brother made me get every single bill in the store. I shouldve clued into this next part but i was in a deep panic because they said there would be a $10,000 cancellation fee for the order and he had me drive to a bitcoin atm to deposit the money. Again i didnt even clue in because absolute fucking panic. I feel like an absolute embarrassment and am gonna lose a job i loved because of this. I cant handle this shit anymore and am very close to completely giving up on life. Like im an absolute fucking clown for not stopping to question anything or even give the actual owner a call. Im such a fucking fuck up.', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/', '1ccj3gg', [['u/Space--Buckaroo', 17, '2024-04-25 06:44', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15nty8/', 'How much did you lose?', '1ccj3gg'], ['u/McSOUS', 17, '2024-04-25 06:47', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15o3ta/', 'Almost $5000', '1ccj3gg'], ['u/Sunny_50', 153, '2024-04-25 06:56', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15p4a9/', 'Call the owner asap', '1ccj3gg'], ['u/Really_Doughnut_Care', 291, '2024-04-25 06:59', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15pee9/', 'keep in mind numbers can be spoofed. never blindly trust caller id, especially not when the person calling presents you with a critical and time sensitive predicament.\n\nthey had you exactly where they wanted - in a state of panic and thus, unable to do some much needed logical thinking.\n\nbest thing you can do for yourself after this is to learn from it.', '1ccj3gg'], ['u/McSOUS', 171, '2024-04-25 07:01', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15plzs/', 'I did, explained everything. I have a meeting tomorrow so i will probably get fired from one the only jobs ive ever enjoyed.', '1ccj3gg'], ['u/McSOUS', 26, '2024-04-25 07:06', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15q31u/', "I cannot afford anything close to that. I'm saving up for school and this just completely fucked me up", '1ccj3gg'], ['u/MeanSatisfaction5091', 19, '2024-04-25 07:09', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15qhsy/', "No, he doesn't need to be working at this job 😂\xa0", '1ccj3gg'], ['u/Chronographics', 261, '2024-04-25 07:12', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15qsov/', 'You’re the victim of a well executed social engineering scam with great urgency. You responded to someone you believed was the owner’s brother. \n\nI would not go into the meeting blaming yourself. In fact I’d suggest a post to r/legal. \n\nThe way you are talking is as if you are to blame here. You may dig yourself a deep hole. Get some professional advice and support.', '1ccj3gg'], ['u/mataliandy', 39, '2024-04-25 07:33', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15suww/', "Way back in the 1980s, I made an error that caused $10k in added printing costs - that would be like $27,500, today. It was not fun, but I was OK. You'll be ok, too. \n \nThe company probably has insurance. \n\nDefinitely get legal advice, if you can via r/legal before you have that meeting tomorrow. There are things you don't want to say out of panic, someone with a legal background will be able to guide you. You don't have to be alone in this.", '1ccj3gg'], ['u/Peanut-Beans', 23, '2024-04-25 07:42', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15tq81/', 'i know you’re beating yourself up over this, but please know that we are all human and all make mistakes. even tenured professionals have fallen victim to these types of things - scammers are getting smarter and the sense of urgency really makes you panic. \n\ni hope that management is kind and understanding enough to move past this, but if not, you’re going to be okay. life is FULL of learning experiences and this might just be one of them. \n\nif anything, you’ve learned something valuable that you ca use to help people in the future. i know it sucks, but you can help others not make similar mistakes. \n\nlet us know how it goes!', '1ccj3gg'], ['u/Odd-Historian-6536', 383, '2024-04-25 07:44', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15txb5/', 'Scammers always work on urgencies. Number one red flag. Break through the urgency and the scam will become more visible. Number two red flag. Bitcoin.', '1ccj3gg'], ['u/king_eve', 53, '2024-04-25 07:47', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15u7kf/', 'you shouldn’t be paying it back at all!', '1ccj3gg'], ['u/Additional_Band451', 37, '2024-04-25 08:06', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15w2gz/', 'a «\xa010000$ cancellation fee\xa0» and you didn’t feel necessary to at least double-check with your boss? 🤔', '1ccj3gg'], ['u/Additional_Band451', 14, '2024-04-25 08:07', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15w3e8/', 'a «\xa010000$ cancellation fee\xa0» and you didn’t feel necessary to at least double-check with your boss? 🤔', '1ccj3gg'], ['u/HumanRightsAdv', 16, '2024-04-25 08:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15wifp/', "Tell your boss what happened, don't expect to be in charge of money anymore", '1ccj3gg'], ['u/usernametakensofme', 51, '2024-04-25 08:25', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l15xrb7/', "I am so sorry this happened to you. My daughter-in-law was scammed on her first shift back from her honeymoon. Starbucks fired her and fought her right to unemployment! Sent a regional manager to testify training blah blah blah. (A 15 minute video.) She felt horrible and stupid but she is just a good and trusting person who was taken by surprise. Please don't beat yourself up over this. Scammers are masters at their game, dropping familiar names with urgent action needed. I can only hope you have a better employer than Starbucks!", '1ccj3gg'], ['u/Clear_Radio1776', 11, '2024-04-25 08:52', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16061r/', 'Let’s take a step back and look at the big picture. The approach I would take is to flip the script and put the bright line on them not you. The business should have put layers of training and security in place to prevent this. That is their responsibility. Like to require written authorization from your supervisor before such a transaction can be made. It’s not uncommon for cheques to require a countersignature. In your meeting, I would absolutely tell the owner that you were not trained for that situation and in fact, you were the victim of a fraud. A theft no different than an armed robbery. The owner can easily make a claim on his commercial insurance for the loss based on fraud and theft. You should not take the hit on this.', '1ccj3gg'], ['u/HKHunter', 41, '2024-04-25 09:10', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l161r26/', 'You went to a bitcoin ATM? Expect the police to be involved, I would suspect that you yourself have stolen the money rather than believe that you would go to a bitcoin ATM without suspicions. Worth seeking legal advice.', '1ccj3gg'], ['u/dceckhart', 45, '2024-04-25 09:34', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l163rzg/', 'Report it ASAP to Ic3.gov and call your local FBI field office. They may be able to help with clawing back. This should be standard practice. I know, bitcoin so probably not, but this is a needed response to any financial scam.', '1ccj3gg'], ['u/ram5ayG', 39, '2024-04-25 09:36', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l163zwl/', 'that may be nothing to a business (possibly), an employee where i worked accidentally left a fridge open that had vaccines in it worth 16k and they were not fired. Obviously different situation but just a reminder everyone makes mistakes', '1ccj3gg'], ['u/Horrorwolfe', 21, '2024-04-25 09:41', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164cmg/', 'They have insurance, and if they don’t that’s on them.', '1ccj3gg'], ['u/HKHunter', 30, '2024-04-25 09:42', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164h00/', 'I understand, that’s how these scams work. I’m just saying how it may be seen by the owner. It’s not a huge amount though and people fall for worse all the time, it’s not the end of the world.', '1ccj3gg'], ['u/oxyscotty', 44, '2024-04-25 09:43', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l164i0x/', 'not to sound like a dick, but it\'s only a job. I\'m sure you really liked it, but it\'s far from the end of the world even if it feels like that. Chances are you aren\'t going to get fired unless they feel you acted in malice, but from the story I\'m getting it\'s probably just hanlons razor. BUT in the case you do, people have recovered from far worse scams than just losing a job. Not to say "just losing a job" like it\'s not a big deal, but people have lost entire life savings and so on and I\'m sure they all thought it was the end too, but given time the human brain has an incredible ability to move on and adapt through the worst circumstances. I know I\'m just a random person and I don\'t actually know your situation, but statistically speaking you\'re going to be okay no matter the outcome. \n\nAnd honestly if anything, your bosses will at least know you\'re never going to fall for something like that again lol', '1ccj3gg'], ['u/firesolstice', 197, '2024-04-25 10:30', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l168bru/', 'Still, getting sent to a Bitcoin ATM to pay FedEx? Not knowing what kind of job OP does, but anyone who ships or receives any kind of goods in any kind of job capacity knows that no shipping company accepts payments that way.', '1ccj3gg'], ['u/bakermaker32', 28, '2024-04-25 10:50', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l169uif/', 'Actually, unlike some other posters said, “ this is your fault”. Unless it is your specific job, there is no way you should be scrounging up every bill and going to a bitcoin machine. Any normal person would simple tell the caller, I can’t help you, call back tomorrow. Sorry you got scammed, but the fact that you fell for this says maybe you are too young for the workplace.', '1ccj3gg'], ['u/Chronographics', 60, '2024-04-25 11:07', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16b6ki/', 'Yeah sure. As far as they were concerned they were talking to the business owner’s brother. In hindsight of course it was all wrong. The OP has already clearly acknowledged that completely. Refer to the original post if you’re unclear on that.', '1ccj3gg'], ['u/mail_on_sunday', 49, '2024-04-25 12:02', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16fone/', 'Anytime anyone tells you to pay for something through crypto you should immediately assume it’s a scam even if the person is allegedly someone you know or from a valid number or email (scammers can and do spoof both). \n\nI know $10000 seems like a lot, but compared to some scam stories I’ve seen on here, it’s still something you can recover from relatively easy. I know it’s hard to consider this right now, but there will be other jobs and other opportunities so don’t give up on life just yet.', '1ccj3gg'], ['u/Wrestling-Nun', 15, '2024-04-25 12:13', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16go7y/', 'I wonder how he even got a job in the first place. I can’t believe this is real. This has to be a troll story lol', '1ccj3gg'], ['u/Ok-Lingonberry-8261', 14, '2024-04-25 12:14', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16grai/', 'Agreed. There are zero non-fraud uses for Bitcoin ATMs. OP should have smelled a rat.', '1ccj3gg'], ['u/fleeingcyber', 35, '2024-04-25 13:05', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16ltf1/', 'I mean I guess it\'s a step in the right direction from "send us google pay gift cards" lmao. But still. Bitcoin?', '1ccj3gg'], ['u/SamuelVimesTrained', 69, '2024-04-25 13:59', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16s3lw/', "And THIS is one of the reasons I say - if crypto is involved it is a scam.\n\nThis is a harsh lesson.\n\nIf they claim 'urgent urgent' - then 'management' should handle this. \nNot a 'mere' employee. \nAnd 'cancellation cost' - that\\`s a business risk. Lack of planning on their end etc.", '1ccj3gg'], ['u/Just_enough76', 18, '2024-04-25 14:00', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16s9fu/', 'The scammer makes a call similar to the one in this post. Pretending to be the district manager or something similar. They tell you you need to pull money out of the safe. It’s a common scam in terms of Starbucks and they even have signs all over the store explaining it. There’s even a sign on the safe itself. And the “15 minute” training is done like every 6 weeks or so. \n\nDespite all the warnings and training and reminders, people still fall for it. It’s mostly new shift leaders who go through with it but I’ve heard of seasoned managers who fall for it too.', '1ccj3gg'], ['u/Joshthenosh77', 24, '2024-04-25 14:03', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16sk1k/', 'I live my life that everything is a scam , until proven it’s not', '1ccj3gg'], ['u/sunshineandrainbow62', 40, '2024-04-25 14:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16tjvp/', 'Urgency = Scam', '1ccj3gg'], ['u/Praydaythemice', 41, '2024-04-25 14:11', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16tn17/', 'That would tripped my bullshit meter to max, as massive courier like fedex using crypto? It’s like if ups told you to go to target and buy 10k worth of gift cards.', '1ccj3gg'], ['u/lagoosboy', 21, '2024-04-25 14:24', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16va48/', 'You will get fired. You went beyond your pay grade and touched funds you were not authorized to. No employer would want someone with such terrible decision making. All you had to do was make one call to your boss. I was a retail manager. I was approached by 2 US Marshall’s with badges and all about an employee. I did not give them any information. I called the companies legal department. You did all this over the phone because the owners brother said so. Ridiculous.', '1ccj3gg'], ['u/mail_on_sunday', 23, '2024-04-25 14:26', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16vm9r/', 'OP is Canadian. [Canadian Anti-Fraud Centre](https://antifraudcentre-centreantifraude.ca/report-signalez-eng.htm) is who he needs to call.', '1ccj3gg'], ['u/Cagel', 11, '2024-04-25 14:30', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16w4gv/', 'It also needs to be reported because the company will be reporting it as theft if an employee empties the registers of all the money.', '1ccj3gg'], ['u/scienceworksbitches', 16, '2024-04-25 14:32', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16wbdz/', '>The business should have put layers of training and security in place to prevent this.\n\ni disagree. at some point you cant train common sense. not giving out creditcard info, check fraud etc, sure, you can train for that. but scrounging up all cash in the establishment and sending it off in a bitcoin machine?? \nshould they also train them not to rip the copper out of the walls and hand it over to a methhead with a wheelbarrow? jfc', '1ccj3gg'], ['u/einstein-was-a-dick', 25, '2024-04-25 14:46', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16y9eq/', 'Untraceable so OP may be lying about this and just kept 10K.', '1ccj3gg'], ['u/Semanticss', 140, '2024-04-25 14:46', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16yaqz/', 'The Bitcoin ATM is a fucking neon flag.', '1ccj3gg'], ['u/TheNonCredibleHulk', 29, '2024-04-25 14:52', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l16z8f1/', "Friend of mine got fired on her first day at her first job as a cashier for falling for a quick change scam. Some companies just don't care.\n\nBut the bitcoin thing? I can't believe anyone still falls for that. Urgency or not.", '1ccj3gg'], ['u/ManiacFive', 44, '2024-04-25 15:00', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l170dbx/', 'Bitcoin ATMs exist purely to scam people. They shouldn’t be allowed.', '1ccj3gg'], ['u/teh_bakedpotato', 61, '2024-04-25 15:03', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l170tl5/', "I'm sorry but if you fall for that scam so hard that you gather every bill in the store and deposit them in a bitcoin ATM despite all of these redflags, I wouldn't want to employ you. I don't want to victim blame, but it really shows a lack of critical thinking skills and makes them seem like a massive liability.", '1ccj3gg'], ['u/al373', 19, '2024-04-25 15:05', 'https://www.reddit.com/r/Scams/comments/1ccj3gg/fell_for_a_scam_at_work_completely_distraught/l1713w2/', 'That’s so crazy I ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks tumbled after the first-quarter GDP report on Thursday.\n• Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.\n• Commentators pointed out that the data was still mostly strong but inflation is problematic.\nStocks fell on Thursday, with the Dow Jones Industrial Average losing 375 points as the market took in weaker-than-expected economic data.\nGrowth slowed but inflation stayed high last quarter, a discouraging sign for traders as they look for signs the Federal Reserve will soon cut interest rates. Slowing growth and high inflation is a tough scenario for the economy and hasled to "stagflation"in previous eras, like the 1970s.\nYet, several banks noted that the data is still upbeat under the surface. Barclays and Bank of America both noted that demand looks to be solid still, evidenced by sales to domestic purchases, which came in at 2.8% for the quarter.\nHowever, inflation was a nasty surprise, and the situation could be complicated even more by Friday\'s personal consumption expenditures report, which is the Fed\'s preferred measure of inflation. Bank of America analysts said that they forecast upward revisions in January and February PCE, rather than a big surprise jump in the March figure.\n"The economy will likely decelerate further in the following quarters as consumers are likely near the end of their spending splurge. Savings rates are falling as sticky inflation puts greater pressure on the consumer," LPL Financial chief economist Jeffrey Roach said.\xa0"We should expect inflation will ease throughout this year as aggregate demand slows, although the path to the Fed\'s 2% target still looks a long ways off."\nThe 10-year Treasury bond jumped five basis points to 4.704%.\nMeta tumbled Thursday, helping to drag the wider tech sector down. The social media firm delivered disappointing guidance after reporting earnings that beat estimates. Markets are awaiting results after the closing bell for Microsoft and Google parent Alphabet.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,048.42, down 0.5%\n• Dow Jones Industrial Average:38,085.80, down 1% (375 points)\n• Nasdaq Composite:15,611.76, down 0.6%\nHere\'s what else is going on:\n• High inflation could be with us for a whileas commodity prices see a fresh surge, the World Bank says.\n• Bill Gross said on X that investors should avoid tech, but there\'s one name he says stands out if you have to dabble in the sector.\n• A "buy bitcoin" sign scrawled on yellow legal paper sold for $1 million. It was flashed by an intern during a congressional hearing of Janet Yellen in 2017.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1% to $83.75 a barrel.Brent crude, the international benchmark, ticked gained 1.3% to 89.18 a barrel.\n• Goldrose 0.4% to $2,347.70 an ounce.\n• The 10-year Treasury yield rose five basis points to 4.704%.\n• Bitcoinedged up to $64,586.\nRead the original article onBusiness Insider', "Payments giant Stripe hasannouncedits return to the cryptocurrency space after co-founder John Collison revealed their plan to allow merchants to receive funds in the form of the USD Coin (USDC) stablecoin. According to Collison, the “transactions instantly settle on-chain and automatically convert to fiat” and will begin as soon as this summer.\nBusinesses utilizing Stripe's technology will have the capability to accept payments made in USDC, the second-largest stablecoin in the crypto market and the sixth-largest cryptocurrency by market capitalization. By embracing USDC, Stripe aims to empower its users by facilitating global transactions and providing customers with easy, fast, and secure payment options, regardless of their access to traditional banking services or credit cards.\nJohn Egan, the head of crypto at Stripe, expressed enthusiasm about the integration of stablecoin payments, highlighting the potential to enhance merchants' reach and offer their customers a seamless payment experience. Stripe plans to initially support USDC transactions on the Ethereum, Solana, and Polygon networks, with additional network compatibility to be announced closer to the launch date.\nThis move marks Stripe's reentry into the crypto landscape after its initial foray in 2014 when it became one of the earliest major companies to accept Bitcoin payments. However, the company discontinued its crypto services in 2018 due to rising costs on the Bitcoin blockchain. Despite this setback, Stripe remained optimistic about cryptocurrencies as a whole.", 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', "Road Town, British Virgin Islands--(Newsfile Corp. - April 26, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Bitcoin EDen Rich(BITBEDR) on April 25, 2024. Users of LBank Exchange can brace themselves for the BITBEDR/USDT trading pair, which went live already.\nBITBEDR listing banner\nTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8831/206805_b1ef53aa841ef8df_001full.jpg\nBitcoin EDen Rich (BITBEDR) is developing a decentralized blockchain ecosystem that bridges virtual assets with the real economy, offering services ranging from the distribution of products in virtual worlds like NFTs and metaverses, to real-world applications in skincare, health, sports, donations, and more.\nIntroducing Bitcoin EDen Rich: A Decentralized Blockchain Ecosystem Bridging Virtual and Real Economies\nLBank Exchange is thrilled to announce the listing of Bitcoin EDen Rich (BITBEDR), a visionary blockchain initiative designed to integrate decentralized finance (DeFi) with advanced technological frameworks like artificial intelligence (AI) and blockchain verification systems. Positioned at the forefront of the digital asset revolution, BEDR aims to transform the landscape of virtual asset trading and investment. By leveraging the power of AI, the platform provides users with insightful, data-driven investment strategies and real-time market analysis, enhancing the efficiency and effectiveness of digital transactions and investment decisions.\nThe BEDR ecosystem is built on a foundation of inclusivity and accessibility, offering a range of services tailored to both novice and experienced investors. These services include automated trading, peer-to-peer (P2P) brokerage, group investment opportunities, and a robust community for information verification. This ecosystem not only lowers the barriers to entry for virtual asset investment but also fosters a transparent and secure environment through blockchain technology. BEDR's commitment to decentralization extends to every aspect of its operations, ensuring that financial control and data ownership remain in the hands of its users.\nWith its innovative integration of AI and blockchain, BEDR is poised to lead the transition towards Web 3.0, where virtual assets are seamlessly intertwined with real-world applications. The platform's focus on regulatory compliance and security further solidifies its position as a reliable and forward-thinking solution in the blockchain space. As BEDR continues to evolve, it aims to expand its offerings, entering new markets and refining its technology to better serve its users and reshape the future of decentralized finance.\nAbout BITBEDR Token\nBased on ERC20, BITBEDR has a total supply of 1 billion (i.e. 1,000,000,000). The token distribution of BITBEDR token includes allocations for development, marketing, team and advisors, reserves, and public sale, each receiving 20%, 15%, 10%, 20%, and 35% of the total supply respectively. The BITBEDR token is poised for its debut on LBank Exchange at 6:00 UTC on April 25, 2024. Investors who are interested in BITBEDR can easily buy and sell on LBank Exchange now.\nLearn More about BITBEDR Token:\nOfficial Website:https://bedr-foundation.com/Contract:https://etherscan.io/token/0xb8176a66c0d0A84cfD4e403c89cF3416b1e798AdTwitter:https://twitter.com/bedrglobalFacebook:https://www.facebook.com/bedrofficialTelegram:https://t.me/bedr_officialMedium:https://medium.com/@bedrofficial\nAbout LBank\nLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.\nStart Trading Now:lbank.com\nCommunity & Social Media:\nlTelegramlTwitterlLinkedInlYouTube\nPress contact:[email protected]\nBusiness Contact:LBK Blockchain Co. LimitedLBank [email protected]@lbank.com\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/206805", "Road Town, British Virgin Islands--(Newsfile Corp. - April 26, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Bitcoin EDen Rich(BITBEDR) on April 25, 2024. Users of LBank Exchange can brace themselves for the BITBEDR/USDT trading pair, which went live already.\nBITBEDR listing banner\nTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8831/206805_b1ef53aa841ef8df_001full.jpg\nBitcoin EDen Rich (BITBEDR) is developing a decentralized blockchain ecosystem that bridges virtual assets with the real economy, offering services ranging from the distribution of products in virtual worlds like NFTs and metaverses, to real-world applications in skincare, health, sports, donations, and more.\nIntroducing Bitcoin EDen Rich: A Decentralized Blockchain Ecosystem Bridging Virtual and Real Economies\nLBank Exchange is thrilled to announce the listing of Bitcoin EDen Rich (BITBEDR), a visionary blockchain initiative designed to integrate decentralized finance (DeFi) with advanced technological frameworks like artificial intelligence (AI) and blockchain verification systems. Positioned at the forefront of the digital asset revolution, BEDR aims to transform the landscape of virtual asset trading and investment. By leveraging the power of AI, the platform provides users with insightful, data-driven investment strategies and real-time market analysis, enhancing the efficiency and effectiveness of digital transactions and investment decisions.\nThe BEDR ecosystem is built on a foundation of inclusivity and accessibility, offering a range of services tailored to both novice and experienced investors. These services include automated trading, peer-to-peer (P2P) brokerage, group investment opportunities, and a robust community for information verification. This ecosystem not only lowers the barriers to entry for virtual asset investment but also fosters a transparent and secure environment through blockchain technology. BEDR's commitment to decentralization extends to every aspect of its operations, ensuring that financial control and data ownership remain in the hands of its users.\nWith its innovative integration of AI and blockchain, BEDR is poised to lead the transition towards Web 3.0, where virtual assets are seamlessly intertwined with real-world applications. The platform's focus on regulatory compliance and security further solidifies its position as a reliable and forward-thinking solution in the blockchain space. As BEDR continues to evolve, it aims to expand its offerings, entering new markets and refining its technology to better serve its users and reshape the future of decentralized finance.\nAbout BITBEDR Token\nBased on ERC20, BITBEDR has a total supply of 1 billion (i.e. 1,000,000,000). The token distribution of BITBEDR token includes allocations for development, marketing, team and advisors, reserves, and public sale, each receiving 20%, 15%, 10%, 20%, and 35% of the total supply respectively. The BITBEDR token is poised for its debut on LBank Exchange at 6:00 UTC on April 25, 2024. Investors who are interested in BITBEDR can easily buy and sell on LBank Exchange now.\nLearn More about BITBEDR Token:\nOfficial Website:https://bedr-foundation.com/Contract:https://etherscan.io/token/0xb8176a66c0d0A84cfD4e403c89cF3416b1e798AdTwitter:https://twitter.com/bedrglobalFacebook:https://www.facebook.com/bedrofficialTelegram:https://t.me/bedr_officialMedium:https://medium.com/@bedrofficial\nAbout LBank\nLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.\nStart Trading Now:lbank.com\nCommunity & Social Media:\nlTelegramlTwitterlLinkedInlYouTube\nPress contact:[email protected]\nBusiness Contact:LBK Blockchain Co. LimitedLBank [email protected]@lbank.com\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/206805", '• BTC is trading above $64K even as outflows accelerate.\n• The correlation between ETF outflows and BTC’s price is weakening.\nBitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly.\nMarket datashows that the U.S.-listed ETFs had a daily total net outflow of $217 million. This brings the total outflow so far this week to $244.49 million.\nIn comparison,bitcoin is up around 3.7%in the last week.\nAccording to JPMorgan, the correlation between bitcoin ETF prices and inflows has weakened, dropping from a high of 0.84 in January to 0.60 in recent assessments. This indicates a decrease in the alignment between BTC prices and spot ETF flows,CoinDesk reported in February.\nGiven its size, the outflow from Grayscale’s converted bitcoin ETF (GBTC) is of particular interest to traders.Data from SoSoValueshows that since Monday, GBTC has experienced an outflow of $417 million during the last week—yet BTC prices still increased in the face of it.\nLiquidation data is also fairly flat,according to GoinGlass, with $60 million in liquidations in the last 24 hours. Of this $60 million, BTC made up $13.48 million worth, and $6.17 million longs were liquidated against roughly $7 million in shorts.\nMeanwhile, theCoinDesk 20 (CD20), a measure of the largest digital assets, is flat, trading at 2,246.', '• BTC is trading above $64K even as outflows accelerate.\n• The correlation between ETF outflows and BTC’s price is weakening.\nBitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly.\nMarket datashows that the U.S.-listed ETFs had a daily total net outflow of $217 million. This brings the total outflow so far this week to $244.49 million.\nIn comparison,bitcoin is up around 3.7%in the last week.\nAccording to JPMorgan, the correlation between bitcoin ETF prices and inflows has weakened, dropping from a high of 0.84 in January to 0.60 in recent assessments. This indicates a decrease in the alignment between BTC prices and spot ETF flows,CoinDesk reported in February.\nGiven its size, the outflow from Grayscale’s converted bitcoin ETF (GBTC) is of particular interest to traders.Data from SoSoValueshows that since Monday, GBTC has experienced an outflow of $417 million during the last week—yet BTC prices still increased in the face of it.\nLiquidation data is also fairly flat,according to GoinGlass, with $60 million in liquidations in the last 24 hours. Of this $60 million, BTC made up $13.48 million worth, and $6.17 million longs were liquidated against roughly $7 million in shorts.\nMeanwhile, theCoinDesk 20 (CD20), a measure of the largest digital assets, is flat, trading at 2,246.', "• Net Income:$1.2 billion for Q1 2024.\n• Earnings Per Share (EPS):$3.75 for Q1 2024.\n• Adjusted Net Income:$1.3 billion for Q1 2024.\n• Adjusted EPS:$3.82 for Q1 2024.\n• Refining Segment Operating Income:$1.7 billion for Q1 2024.\n• Refining Throughput Volumes:Averaged 2.8 million barrels per day in Q1 2024.\n• Refining Cash Operating Expenses:$4.71 per barrel in Q1 2024.\n• Renewable Diesel Segment Operating Income:$190 million for Q1 2024.\n• Renewable Diesel Sales Volumes:Averaged 3.7 million gallons per day in Q1 2024.\n• Ethanol Segment Operating Income:$10 million for Q1 2024.\n• Ethanol Production Volumes:Averaged 4.5 million gallons per day in Q1 2024.\n• Net Cash Provided by Operating Activities:$1.8 billion in Q1 2024.\n• Capital Investments:$661 million in Q1 2024.\n• Dividends Paid:$356 million in Q1 2024.\n• Share Repurchases:$1 billion for the purchase of approximately 6.6 million shares in Q1 2024.\n• Total Debt:$8.5 billion as of Q1 2024 end.\n• Cash and Cash Equivalents:$4.9 billion as of Q1 2024 end.\n• Debt-to-Capitalization Ratio, Net of Cash:17% as of March 31, 2024.\n• Warning! GuruFocus has detected 8 Warning Signs with TYL.\nRelease Date: April 25, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nQ: Can you discuss the current market dynamics for diesel and jet fuel margins given the recent pullback?A: (Gary K. Simmons - Executive VP & COO) Diesel demand is trending about 2% higher than last year, and jet fuel demand is up year-over-year. Despite the market reacting sharply to geopolitical events, such as drone attacks in Russia, the physical diesel markets haven't experienced significant disruptions, suggesting that diesel margins are currently weaker than they should be. European and Singapore margins are negative, indicating a potential rebound in diesel margins soon.\nQ: With the SAF project advancing, what are the expected economic benefits once it becomes operational?A: (Eric Fisher - SVP of Product Supply, Trading & Wholesale) The SAF project at Port Arthur is progressing well, with start-up expected in Q4 2024. The project should benefit from various state and federal tax credits and strong sales interest. The economics are expected to meet our project return thresholds, supported by credits like 45Z, BTC, and PTC, and strong demand in markets like Europe.\nQ: How sustainable is the current level of shareholder payouts given the strong balance sheet and cash flow?A: (Homer Bhullar - VP of IR & Finance) With a strong balance sheet and no intention to build more cash, the payout ratio was 74% in Q1. While the long-term target is 40-50%, this can be considered a floor during periods of strong fundamentals. Excess cash flow will likely continue to be directed towards buybacks.\nQ: What impact do you foresee from the TMX pipeline starting up, particularly regarding crude differentials and refining dynamics?A: (Gary K. Simmons - Executive VP & COO) The TMX pipeline will rebalance crude types across markets but won't significantly impact global differentials. It may lead to narrower differentials until OPEC production ramps up later in the year. The pipeline will allow for blending that mimics traditional heavy crudes like Arabian Heavy, facilitating continued operation of coking capacities on the West Coast.\nQ: What are the expectations for refining margins and product supply dynamics in Asia, particularly with recent margin declines?A: (Gary K. Simmons - Executive VP & COO) Negative refining margins in Singapore and Europe suggest that the market has reached a floor, necessitating a rebound. The need for refining capacity to run indicates that margins should start to improve soon.\nQ: Can you provide insights into the renewable diesel market dynamics, especially considering the current low margins and future outlook?A: (Gary K. Simmons - Executive VP & COO) The renewable diesel market may remain challenging in 2024 due to new capacity entering a market with fixed obligations. However, the long-term outlook remains positive, driven by increasing legislative support for low carbon fuels and expanding mandates, which should improve demand and margins post-2024.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", 'Ethereum topped Thursday’s non-fungible token (NFT) market with over US$23 million in sales, CryptoSlam data shows.\nOver half of those sales came from CryptoPunks 635, which was sold for US$12.4 million at Larva Labs marketplace.\nEthereum saw a total of 16,363 transactions conducted by 1,770 unique buyers and 1,354 unique sellers.\nEthereum ended a 20-day streak of daily sales below US$10 million.\nThis daily performance contributes to Ethereum’s all-time sales volume, which now stands at approximately US$43.64 billion from nearly 47.56 million transactions.\nBitcoin and Solana followed, with daily sales reaching US$6.67 million and US$3.72 million, respectively.\nThis marks the fourth consecutive day Bitcoin collections failed to crack US$10 million.\nBut Bitcoin is creeping closer to the US$3.5 billion milestone for all-time sales. Following Thursday’s sales, the network has a cumulative sales record of US$3.43 billion.\nIt became thefourth blockchainto reach US$3 billion late last month and is now about US$800 million from Ronin, which holds the third spot in all-time sales volume.\nSolana, with its higher number of unique buyers at 10,862 and sellers at 10,221, led to a market-leading larger number of transactions totaling 65,373 for the day.\nSolana is also closing in on a milestone of its own as its all-time figure stands at US$5.45 billion.\nPolygon and Mythos Chain also reported notable daily sales, with Polygon reaching US$2.32 million from 65,536 transactions and Mythos Chain recording sales of US$937,934.75 across 37,828 transactions.\nPolygon ranks fifth in all-time sales with over US$1.5 billion.', 'Ethereum-based CryptoPunks, a pioneering non-fungible token (NFT) collection, topped the daily sales chart with an impressive US$12.67 million in revenue.\nCryptoPunk 635 sold for US$12.4 million, 4,000 Ether, according to data from CryptoSlam.\nThe sale places CryptoPunk 635 as the fourth highest-valued CryptoPunk. It is also the third CryptoPunk this year to fetch at least US$12 million.\nAnother Ethereum collection owned by Yuga Labs, Bored Ape Yacht Club (BAYC) secured the second position with daily sales reaching US$2.69 million. Yuga Labs’ blue-chip NFT series celebrated its third birthday earlier this week.\nEthereum led the day as the top NFT blockchain with over US$23 million in sales.\nNodeMonkes, a Bitcoin Ordinal, saw a sales increase to US$1.13 million from the previous day’s US$1 million, for the third spot.\nNodeMonkes is now US$3 million away from $SATS BRC-20 NFTs, currently the top Bitcoin collection with over US$209 million in all-time sales.\nMutant Ape Yacht Club (MAYC), a BAYC spin-off, came in fourth, with sales totaling US$1.03 million for the day.\nDMarket, known for its in-game items on the Mythos chain, reported a slight uptick in daily sales to US$922,794.\nPudgy Penguins, another Ethereum collection had a 426% surge to US$772,532 for sixth.', 'In case you didn\'t know,Bitcoin(CRYPTO: BTC)is back. The granddaddy of cryptocurrencies lost more than 70% of its value between November 2021 and November 2022. However, it\'s nearly quadrupled since then.\nCould Bitcoin keep this momentum going? Ark Invest founder Cathie Wood thinks so. She expects the red-hot cryptocurrency to soar by more than 5,600%. However, not everyone agrees with her -- including one active trader on Capitol Hill.\nEleven investment firms won approval earlier in 2024 from the U.S. Securities and Exchange Commission (SEC) to offer spot Bitcoinexchange-traded funds (ETFs). Wood\'s Ark Invest was one of them. It now markets several Bitcoin-focused ETFs.\nThe inflow of money into these new ETFs offered by Ark Invest and others has boosted the demand for Bitcoin. Wood said at the Bitcoin Investor Day conference in March that the SEC\'s approval served as an "institutional green light." She added that Ark Invest believes that institutional investors will allocate a little over 5% of their portfolios to Bitcoin in the future. This could push Bitcoin\'s price to $3.8 million, according to Ark Invest\'s analysis.\nThere\'s also another reason why Wood likes Bitcoin over the short term: the cryptocurrency\'s halving. This halving occurs every four years or so. The most recent one took place on April 19.\nBitcoin skyrocketed after the previous halvings in 2012, 2016, and 2020. Wood predicted at the Bitcoin Investor Conference that this year\'s halving should provide a big catalyst too.\nRep. Shri Thanedar, D-Mich., doesn\'t share Wood\'s rosy outlook about Bitcoin. The congressman recently dumped his Bitcoin stake. Thanedar didn\'t even wait for the halving event; he sold on Feb. 5, 2024.\nThe Michigan Democrat isn\'t only negative about Bitcoin. On the same day he sold Bitcoin, he also slashed his stakes inEthereumandLiteCoin.\nHas Rep. Thanedar become a crypto bear? Maybe. But even if so, his bearish perspective isn\'t limited to cryptocurrencies. Thanedar has also aggressively sold several stocks in recent months, includingAlphabet,Amazon,Apple, andMicrosoft.\nHis selling extended beyond the so-called"Magnificent Seven" stocksas well. In January, Thanedar reduced his stake in Warren Buffett\'sBerkshire Hathawaytoo.\nIs Bitcoin a screaming buy or a sell? I\'m somewhere in the middle of the spectrum.\nI doubt that Wood\'s prediction of institutional investors parking over 5% of their portfolios in Bitcoin will happen. So far, the recent halving hasn\'t sparked a big rally for the cryptocurrency.\nOn the other hand, I don\'t think investors should necessarily dump their positions in Bitcoin as Rep. Thanedar did recently. For the record, I suspect his selling of all the stocks mentioned previously will prove to be shortsighted over the long term.\nBuffett once referred to Bitcoin as "rat poison squared." The legendary investor is right that the cryptocurrency doesn\'t have intrinsic value in the same way that stocks do. However, a similar argument could be made about gold -- and investors have bought it for a long time. Because Bitcoin is only worth what people believe it\'s worth, though, it\'s easy to envision how it could be worth a lot more -- or a lot less -- in the future.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $488,186!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Keith Speightshas positions in Alphabet, Amazon, Apple, Berkshire Hathaway, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Bitcoin, Ethereum, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nCathie Wood Expects This Red-Hot Cryptocurrency to Soar by 5,600%, but 1 Member of Congress Has Been Dumping His Stake in Cryptowas originally published by The Motley Fool', "• ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\n• Following consistent sales in January, ARK has sold the last of its BITO shares in the past week.\nCathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday.\nThe investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW).\nARK bought over 4 million of the shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\nFollowing consistent sales in January, ARK has sold the rest of its BITO shares in the past week.\nMeanwhile, its own ARK 21Shares Bitcoin ETF (ARKB) is now thefund's largest holdingwith 2,480,644 shares, worth $160.6 million at Thursday's closing price of $64.76. This constitutes a 10.4% weighting of the fund's total value.\nRead More:Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report", "• ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\n• Following consistent sales in January, ARK has sold the last of its BITO shares in the past week.\nCathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday.\nThe investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW).\nARK bought over 4 million of the shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came.\nFollowing consistent sales in January, ARK has sold the rest of its BITO shares in the past week.\nMeanwhile, its own ARK 21Shares Bitcoin ETF (ARKB) is now thefund's largest holdingwith 2,480,644 shares, worth $160.6 million at Thursday's closing price of $64.76. This constitutes a 10.4% weighting of the fund's total value.\nRead More:Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report", 'With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.\nIt is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halving reduces the former by half, with a target to restrict the entire global circulation of Bitcoins at 21 million. Thus, demand for new Bitcoins rises, thereby pulling the price up.\nHowever, analysts are also of the view that because of its non-sudden and planned nature (a halving event happens every four years), it is priced in and is not a disruption. Miners resort to selling to improve their cashflows and sending large amounts of BTC to exchanges as part of the de-risking strategy.\nWhile the Bitcoin market is currently overbought and the price of the benchmark crypto is holding steady at the current juncture, over the next few months, it may shoot up. ViaBTC, a mining pool that mined the first block after the halving event on Apr 20, has sold the "epic" satoshi it contained for $2.13 million. This comes on the back of expectations that after the halving event, the first sat produced by the Bitcoin network would attract considerable interest.\nThis may just be the auspicious start that sparks a sustained rally for the digital coin. The price of Bitcoin is currently hovering around the $64,000 mark. Some say it may go up to $150,000 before the year ends. In such an environment, it would be prudent to watch a few prominent Bitcoin mining stocks with an eye on the future.\nRiot Platforms, Inc.RIOT: This Bitcoin mining company from North America also provides data center housing and engineering services.\nRIOT’s expected earnings growth rate for the next year is 164.1%. The Zacks Consensus Estimate for its current-year earnings has improved 56.1% over the past 60 days. RIOT currently carries a Zacks Rank #2 (Buy).\nStronghold Digital Mining, Inc.SDIG: This is a crypto asset mining company that focuses on mining Bitcoin in the United States.\nSDIG’s expected earnings growth rate for the current year is 34.3%. The Zacks Consensus Estimate for its current-year earnings has improved 31.4% over the past 60 days. SDIG currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCleanSpark, Inc.CLSK: This cryptocurrency mining company from the Americas primarily operates data centers that run on low-carbon power. It engages in the mining and sale of digital currencies.\nCLSK’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for its current-year earnings has improved 41.7% over the past 60 days. CLSK currently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nRiot Platforms, Inc. (RIOT) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nStronghold Digital Mining, Inc. (SDIG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', 'With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.\nIt is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halving reduces the former by half, with a target to restrict the entire global circulation of Bitcoins at 21 million. Thus, demand for new Bitcoins rises, thereby pulling the price up.\nHowever, analysts are also of the view that because of its non-sudden and planned nature (a halving event happens every four years), it is priced in and is not a disruption. Miners resort to selling to improve their cashflows and sending large amounts of BTC to exchanges as part of the de-risking strategy.\nWhile the Bitcoin market is currently overbought and the price of the benchmark crypto is holding steady at the current juncture, over the next few months, it may shoot up. ViaBTC, a mining pool that mined the first block after the halving event on Apr 20, has sold the "epic" satoshi it contained for $2.13 million. This comes on the back of expectations that after the halving event, the first sat produced by the Bitcoin network would attract considerable interest.\nThis may just be the auspicious start that sparks a sustained rally for the digital coin. The price of Bitcoin is currently hovering around the $64,000 mark. Some say it may go up to $150,000 before the year ends. In such an environment, it would be prudent to watch a few prominent Bitcoin mining stocks with an eye on the future.\nRiot Platforms, Inc.RIOT: This Bitcoin mining company from North America also provides data center housing and engineering services.\nRIOT’s expected earnings growth rate for the next year is 164.1%. The Zacks Consensus Estimate for its current-year earnings has improved 56.1% over the past 60 days. RIOT currently carries a Zacks Rank #2 (Buy).\nStronghold Digital Mining, Inc.SDIG: This is a crypto asset mining company that focuses on mining Bitcoin in the United States.\nSDIG’s expected earnings growth rate for the current year is 34.3%. The Zacks Consensus Estimate for its current-year earnings has improved 31.4% over the past 60 days. SDIG currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCleanSpark, Inc.CLSK: This cryptocurrency mining company from the Americas primarily operates data centers that run on low-carbon power. It engages in the mining and sale of digital currencies.\nCLSK’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for its current-year earnings has improved 41.7% over the past 60 days. CLSK currently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nRiot Platforms, Inc. (RIOT) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nStronghold Digital Mining, Inc. (SDIG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', "The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.\nIn the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.\nThat said, the cryptocurrency market holds tremendous potential. The rally, which started in 2023, continued into this year and gathered pace in the second week of January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs).\nThis approval marked a significant milestone in integrating cryptocurrencies into mainstream finance and is expected to offer consistent backing to the sector in the coming years.\nThe recent decline is thus temporary and being fueled by two major factors. First, the recent geopolitical tensions in the Middle East between Iran and Israel\nCryptocurrencies, being traded continuously and globally, have immediate and often more pronounced effects compared to stocks. The decentralized nature of cryptocurrencies enables rapid responses to geopolitical events, with traders swiftly buying or selling digital assets to manage uncertainty.\nAdditionally, the Bitcoin halving event, occurring once every four years, is underway. During this event, the reward for mining new blocks is halved. Historically, the halving has increased scarcity, making it more challenging for miners to generate a net increase in Bitcoins. As a result, Bitcoin's value typically sees an uptick during these periods of reduced supply.\nWe have narrowed our search to four crypto-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA CorporationNVDA is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence and the mining or production of cryptocurrencies.\nNVIDIA’s expected earnings growth rate for the current year is 84.7%. The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the last 60 days. Currently, NVIDIA has a Zacks Rank #2.\nCoinbase Global, Inc.COIN offers financial infrastructure and technology to support the global cryptocurrency economy. COIN provides a main financial account for consumers in the crypto space, a marketplace with liquidity for institutional crypto asset transactions, and technology and services for developers to build crypto-based applications and accept cryptocurrencies securely as payment.\nCoinbase Global’s expected earnings growth rate for next year is 559.5%. The Zacks Consensus Estimate for current-year earnings has improved 141.6% over the last 60 days. Coinbase currently sports a Zacks Rank #1.\nRobinhood Markets, Inc.HOOD operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin and other cryptocurrencies using its Robinhood Crypto platform.\nRobinhood Markets’ expected earnings growth rate for the current year is 147.5%.The Zacks Consensus Estimate for current-year earnings has improved 45% over the last 60 days. Robinhood Markets currently has a Zacks Rank #2.\nInteractive Brokers Group, Inc.IBKR is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures.\nInteractive Brokers Group has an expected earnings growth rate of 12.4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 6.4% over the last 60 days. IBKR currently has a Zacks Rank #1.\nCleanSpark Inc.CLSK operates as a bitcoin miner in the Americas. CLSK owns and operates data centers that primarily run on low-carbon power. CLSK’s infrastructure supports Bitcoin, a digital commodity, and a tool for financial independence and inclusion.\nCleanSpark’s expected earnings growth rate for the current year is 89.2%. The Zacks Consensus Estimate for current-year earnings has improved 41.7% over the last seven days. CLSK presently carries a Zacks Rank #2.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nInteractive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nRobinhood Markets, Inc. (HOOD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.\nIn the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.\nThat said, the cryptocurrency market holds tremendous potential. The rally, which started in 2023, continued into this year and gathered pace in the second week of January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs).\nThis approval marked a significant milestone in integrating cryptocurrencies into mainstream finance and is expected to offer consistent backing to the sector in the coming years.\nThe recent decline is thus temporary and being fueled by two major factors. First, the recent geopolitical tensions in the Middle East between Iran and Israel\nCryptocurrencies, being traded continuously and globally, have immediate and often more pronounced effects compared to stocks. The decentralized nature of cryptocurrencies enables rapid responses to geopolitical events, with traders swiftly buying or selling digital assets to manage uncertainty.\nAdditionally, the Bitcoin halving event, occurring once every four years, is underway. During this event, the reward for mining new blocks is halved. Historically, the halving has increased scarcity, making it more challenging for miners to generate a net increase in Bitcoins. As a result, Bitcoin's value typically sees an uptick during these periods of reduced supply.\nWe have narrowed our search to four crypto-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA CorporationNVDA is a major player in the semiconductor industry and has Last 60 Days of Bitcoin's Closing Prices:* [54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-26 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,255,214,088,478 - Hash Rate: 578118168.6740619 - Transaction Count: 442347.0 - Unique Addresses: 664327.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As Changpeng “CZ” Zhao, the founder andformer CEOof cryptocurrency exchange Binance, awaits his fate on April 30, U.S. prosecutors have requested he serve 36 months in prison, according to a Department of Justicesentencing memofiled Tuesday. “Given the magnitude of Zhao’s willful violation of U.S. law and its consequences, an above-guideline sentence of 36 months is warranted,” prosecutors wrote to the U.S. district court for the Western District of Washington. Federal guidelinesarea maximum prison term of 18 months for Zhao, who agreed not to appeal any sentence up to that length. Zhao pleaded guilty to criminal charges in November, admitting toviolating money laundering requirementsin the U.S., and subsequently stepped down as CEO. He has been free on a $175 million bond. Zhao also agreed to pay a $50 million fine, alongsidelarger penalties to Binance of $4.3 billion, to end the criminal case. In exchange, Binance was permitted to continue operations in the U.S. “The sentence in this case will not just send a message to Zhao but also to the world," prosecutors wrote. "Zhao reaped vast rewards for his violation of U.S. law, and the price of that violation must be significant to effectively punish Zhao for his criminal acts and to deter others who are tempted to build fortunes and business empires by breaking U.S. law." But some industry onlookers doubt the likelihood of Judge Richard Jones being persuaded by this request. "I feel they may have overreached, and I'd be surprised if CZ got 36 months or anything close to it. The DOJ has not proved in court that CZ knew any details about the massive felonious fraud that occurred under his watch," Terrence Yang, managing director at Swan Bitcoin toldFortunevia email. "And I'm usually with the DOJ on stuff like this," added Yang. In a concurrentcourt filing, also filed Tuesday, Zhao admits that the company’s approach to U.S. regulations was: “Better to ask for forgiveness than permission.” The filing cites a conversation from 2019 in which Zhao wrote, “If we blocked the U.S. users from day 1, Binance will not be as big as we are today…wait for the U.S. regulators to come to us.” The filing goes on to add: “Zhao deeply regrets his offense, and he has shown exceptional acceptance of responsibility and redemption.” Despite pleading guilty and awaiting jail time, Zhao has remained active in the crypto industry. Last month, he announced Giggle Academy, an educational project focused on teaching children age 3 and under about crypto and blockchain, but will issue “no new tokens.” Revealing the project’s logo on Wednesday, Zhao wrote on X: “We wanted the Giggle Academy logo to show youth, fun, positive energy, and growth. We also want to show respect to our ‘Binance heritage.’” This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', 'On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', "In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact asBitcoin's(CRYPTO: BTC)halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey.\nWhile past performance doesn't always predict future results, a closer examination of the halving reveals Bitcoin's resilience and its potential for significant price appreciation.\nOccurring roughly every four years, or 210,000 blocks added to the blockchain, the halving reduces the payouts awarded to miners for solving blocks, a process known asproof of work.\nAs this is the primary means for new Bitcoins to enter circulation, the cut to miner rewards effectively slashes Bitcoin's inflation rate. With the fourth halving now passed, Bitcoin's inflation rate stands at a measly 0.85%, making it less inflationary than gold. This process of reducing its inflation rate will continue until 2140, when the last Bitcoin is scheduled to be mined, and underpins its robust monetary policy, which prioritizes scarcity and finiteness.\nSince the halvings cut Bitcoin's inflation rate, they effectively change the dynamics around its supply and demand. As a result, even if demand stays constant, then the price has to increase to offset the supply reduction. Essentially, halvings exert upward price appreciation in Bitcoin.\nWe can see this when analyzing Bitcoin's past performance after a halving. In the years a halving occurs, Bitcoin usually returns around 125% on average. If this trend holds, then that would put its price at $100,000 if measuring from the beginning of 2024.\nEven better, as the effect of the halving solidifies, it is in the years following a halving that the best gains typically arise. In those years, Bitcoin grew by nearly 400% on average. If this halving follows a similar pattern, then Bitcoin could see its price reach somewhere around $500,000 in 2025.\nWhile the halving alone can introduce profound impacts on Bitcoin's price, there are a few other developments that could make this halving unlike any other. A further exploration of the current landscape should help you see that these potential price targets aren't as sensational as they may seem.\nFirst, it's crucial to understand that while the halving alters Bitcoin's production, this halving is unique in that there was an existing supply shock. For the first time ever, there were less coins available on exchanges during this halving than the previous on. Since hitting a peak in May 2020, the total number of coins available on exchanges has plummeted. Sitting at roughly 2.2 million today, these are the lowest levels seen since 2018.\nThen we have the arrival ofspot Bitcoin ETFs. In January, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, effectively opening the doors for a new set of buyers to enter the Bitcoin market. For individuals unfamiliar with or lacking the technical knowledge required to navigate cryptocurrency exchanges, these ETFs provide a familiar and regulated avenue to gain exposure to Bitcoin through traditional brokerages. Now investors can add Bitcoin exposure to their 401(k) plans or IRAs, effectively lowering the barriers to entry for a broader range of investors.\nWhile it's still early, we can see just how popular the ETFs have been. To satiate pent-up demand, in mid-February the 11 ETFs were collectively purchasing at a rate 10 times greater than Bitcoin's daily production (roughly 900 Bitcoins). Although the initial buying frenzy has cooled, if the buying were to reach these levels again, that would mean the ETFs would be buying at 20 times the daily production rate now that the halving has passed, putting even greater pressure on Bitcoin's price.\nOnly time will tell just how explosive this halving cycle will be for Bitcoin. But with a quick assessment of the implications that every halving brings, as well as the other contributing factors like an existing supply shock and the introduction of ETFs, there's reason for considerable optimism. Even with Bitcoin's price hovering near $66,000 today, as the effects of the halving materialize over the coming months, I'm still buying Bitcoin in anticipation of what's to come.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Spark a Huge Rally?was originally published by The Motley Fool", "In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact asBitcoin's(CRYPTO: BTC)halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey.\nWhile past performance doesn't always predict future results, a closer examination of the halving reveals Bitcoin's resilience and its potential for significant price appreciation.\nOccurring roughly every four years, or 210,000 blocks added to the blockchain, the halving reduces the payouts awarded to miners for solving blocks, a process known asproof of work.\nAs this is the primary means for new Bitcoins to enter circulation, the cut to miner rewards effectively slashes Bitcoin's inflation rate. With the fourth halving now passed, Bitcoin's inflation rate stands at a measly 0.85%, making it less inflationary than gold. This process of reducing its inflation rate will continue until 2140, when the last Bitcoin is scheduled to be mined, and underpins its robust monetary policy, which prioritizes scarcity and finiteness.\nSince the halvings cut Bitcoin's inflation rate, they effectively change the dynamics around its supply and demand. As a result, even if demand stays constant, then the price has to increase to offset the supply reduction. Essentially, halvings exert upward price appreciation in Bitcoin.\nWe can see this when analyzing Bitcoin's past performance after a halving. In the years a halving occurs, Bitcoin usually returns around 125% on average. If this trend holds, then that would put its price at $100,000 if measuring from the beginning of 2024.\nEven better, as the effect of the halving solidifies, it is in the years following a halving that the best gains typically arise. In those years, Bitcoin grew by nearly 400% on average. If this halving follows a similar pattern, then Bitcoin could see its price reach somewhere around $500,000 in 2025.\nWhile the halving alone can introduce profound impacts on Bitcoin's price, there are a few other developments that could make this halving unlike any other. A further exploration of the current landscape should help you see that these potential price targets aren't as sensational as they may seem.\nFirst, it's crucial to understand that while the halving alters Bitcoin's production, this halving is unique in that there was an existing supply shock. For the first time ever, there were less coins available on exchanges during this halving than the previous on. Since hitting a peak in May 2020, the total number of coins available on exchanges has plummeted. Sitting at roughly 2.2 million today, these are the lowest levels seen since 2018.\nThen we have the arrival ofspot Bitcoin ETFs. In January, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, effectively opening the doors for a new set of buyers to enter the Bitcoin market. For individuals unfamiliar with or lacking the technical knowledge required to navigate cryptocurrency exchanges, these ETFs provide a familiar and regulated avenue to gain exposure to Bitcoin through traditional brokerages. Now investors can add Bitcoin exposure to their 401(k) plans or IRAs, effectively lowering the barriers to entry for a broader range of investors.\nWhile it's still early, we can see just how popular the ETFs have been. To satiate pent-up demand, in mid-February the 11 ETFs were collectively purchasing at a rate 10 times greater than Bitcoin's daily production (roughly 900 Bitcoins). Although the initial buying frenzy has cooled, if the buying were to reach these levels again, that would mean the ETFs would be buying at 20 times the daily production rate now that the halving has passed, putting even greater pressure on Bitcoin's price.\nOnly time will tell just how explosive this halving cycle will be for Bitcoin. But with a quick assessment of the implications that every halving brings, as well as the other contributing factors like an existing supply shock and the introduction of ETFs, there's reason for considerable optimism. Even with Bitcoin's price hovering near $66,000 today, as the effects of the halving materialize over the coming months, I'm still buying Bitcoin in anticipation of what's to come.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWill the Bitcoin Halving Spark a Huge Rally?was originally published by The Motley Fool", 'MACAU, CHINA / ACCESSWIRE / April 27, 2024 /On 22 April 2024, CertiK, a leading blockchain security audit firm, passed its audit of MicrovisionChain (MVC), marking a significant milestone as the first UTXO model-based solution to complete an audit in the industry. MVC, also known by its token symbol SPACE, features the same architecture and Proof of Work (PoW) consensus mechanism as Bitcoin. It expands Bitcoin\'s functionality by incorporating Turing-complete smart contracts and enabling decentralized applications through the UTXO model. The successful audit by CertiK underscores MicrovisionChain\'s dedication to upholding high standards of contract security and reliability, reinforcing its commitment to enhancing the Bitcoin ecosystem.\nhttps://twitter.com/mvcglobal/status/1782299924488650785\nExtensive MVC Audit: Security, Code Quality, Logic, Interactions, and Compliance\nCertiK conducted a security assessment on the MVC project, which included the following key components:\nToken-core:The smart contracts related to the token economy, including the genesis contract for minting fungible tokens and the logic for additional mint features.\nNFT-core:The smart contracts pertaining to non-fungible tokens (NFTs), including the structure for NFT unlocking scripts, NFT insurance, and NFT transfer mechanisms.\nMvcdao-core:The contracts associated with the MVC-DAO, which includes the main entry contract and operation contracts for the voting system, stake management, and other governance functionalities.\nThe audit covered a comprehensive examination using manual review and static analysis techniques, focusing on:\n1.Testing smart contracts against common and uncommon attack vectors.\n2.Assessing codebase compliance with best practices and industry standards.\n3.Ensuring contract logic aligns with client specifications.\n4.Cross-referencing contract structures against industry leaders\' smart contracts.\n5.Thorough line-by-line manual review by industry experts.\nSpecific areas of focus within the audit included centralization risks, logical issues, denial of service vulnerabilities, design issues, and checksum calculations for the files in the codebase. The audit also provided recommendations for enhancing security and transparency, such as implementing timelocks, multi-signature wallets, and DAO governance structures.\nAudit Approach: Static, Dynamic Analysis, and Beyond\nCertiK\'s audit of the MVC project involved a meticulous examination that integrated both manual review and static analysis techniques. The process included a line-by-line code inspection by industry experts, automated scanning for common vulnerabilities, testing against a spectrum of attack vectors, ensuring adherence to industry best practices, and verifying that contract logic conformed to the client\'s specifications. The audit also entailed a comparison of the contract structures with those of industry leaders and provided detailed recommendations to address discovered issues. Special consideration was given to centralization risks, and the audit report included a thorough examination of the codebase with specific file checksums, identified commits, and a disclaimer about the report\'s purpose and limitations. The goal was to enhance the security and quality of the MVC project, offering constructive feedback for continuous improvement.\nSecuring MVC\'s Blockchain Project through CertiK Audit\nMVC might choose to engage with CertiK for a variety of reasons, primarily focused on bolstering the security and integrity of their blockchain project. By undergoing a security audit and verification process provided by CertiK, MVC can ensure that their smart contracts are robust against vulnerabilities, thereby building trust and credibility with investors and users. This collaboration can also serve to mitigate risks, meet compliance standards, secure necessary insurance coverage, and differentiate MVC in a competitive market. Moreover, it can signify a commitment to continuous improvement, community engagement, and adherence to best practices within the blockchain industry.\nMVC\'s Big Picture: Launching the Proof of Build Program\nLooking ahead, MicrovisionChain is set to launch its Proof of Build program, aiming to attract developers within the Bitcoin ecosystem to collaboratively expand and enhance the platform. This initiative will focus on fostering a community of developers committed to building and refining the capabilities of the Bitcoin sidechain.\nMVC has recently launched an asset bridge that is interoperable with Bitcoin. This new feature can be accessed via the link provided: https://app.orders.exchange/bridge. The asset bridge addresses the issue of transaction congestion within the Bitcoin ecosystem, which includes BRC20 tokens, Runes, and other assets. Jason Kwok, co-founder and COO of MicrovisionChain, commented on their strategic plans: "We are actively planning to collaborate with renowned custodial institutions and execute strategic campaigns to achieve higher Total Value Locked (TVL) targets. These efforts are crucial as we aim to expand our reach and solidify our platform\'s position in the digital asset ecosystem."\nIn closing, it\'s significant to observe the dramatic increase in SPACE\'s address base, skyrocketing from 30,000 to 400,000 in just two months. This rapid growth not only reflects the escalating market interest but also positions MVC to become one of the most watched projects within the Bitcoin ecosystem, showcasing its potential to lead the way in innovation and security.\nContact Person: Jason [email protected]://www.microvisionchain.com/\nSOURCE:Microvision chain\nView the originalpress releaseon accesswire.com', 'MACAU, CHINA / ACCESSWIRE / April 27, 2024 /On 22 April 2024, CertiK, a leading blockchain security audit firm, passed its audit of MicrovisionChain (MVC), marking a significant milestone as the first UTXO model-based solution to complete an audit in the industry. MVC, also known by its token symbol SPACE, features the same architecture and Proof of Work (PoW) consensus mechanism as Bitcoin. It expands Bitcoin\'s functionality by incorporating Turing-complete smart contracts and enabling decentralized applications through the UTXO model. The successful audit by CertiK underscores MicrovisionChain\'s dedication to upholding high standards of contract security and reliability, reinforcing its commitment to enhancing the Bitcoin ecosystem.\nhttps://twitter.com/mvcglobal/status/1782299924488650785\nExtensive MVC Audit: Security, Code Quality, Logic, Interactions, and Compliance\nCertiK conducted a security assessment on the MVC project, which included the following key components:\nToken-core:The smart contracts related to the token economy, including the genesis contract for minting fungible tokens and the logic for additional mint features.\nNFT-core:The smart contracts pertaining to non-fungible tokens (NFTs), including the structure for NFT unlocking scripts, NFT insurance, and NFT transfer mechanisms.\nMvcdao-core:The contracts associated with the MVC-DAO, which includes the main entry contract and operation contracts for the voting system, stake management, and other governance functionalities.\nThe audit covered a comprehensive examination using manual review and static analysis techniques, focusing on:\n1.Testing smart contracts against common and uncommon attack vectors.\n2.Assessing codebase compliance with best practices and industry standards.\n3.Ensuring contract logic aligns with client specifications.\n4.Cross-referencing contract structures against industry leaders\' smart contracts.\n5.Thorough line-by-line manual review by industry experts.\nSpecific areas of focus within the audit included centralization risks, logical issues, denial of service vulnerabilities, design issues, and checksum calculations for the files in the codebase. The audit also provided recommendations for enhancing security and transparency, such as implementing timelocks, multi-signature wallets, and DAO governance structures.\nAudit Approach: Static, Dynamic Analysis, and Beyond\nCertiK\'s audit of the MVC project involved a meticulous examination that integrated both manual review and static analysis techniques. The process included a line-by-line code inspection by industry experts, automated scanning for common vulnerabilities, testing against a spectrum of attack vectors, ensuring adherence to industry best practices, and verifying that contract logic conformed to the client\'s specifications. The audit also entailed a comparison of the contract structures with those of industry leaders and provided detailed recommendations to address discovered issues. Special consideration was given to centralization risks, and the audit report included a thorough examination of the codebase with specific file checksums, identified commits, and a disclaimer about the report\'s purpose and limitations. The goal was to enhance the security and quality of the MVC project, offering constructive feedback for continuous improvement.\nSecuring MVC\'s Blockchain Project through CertiK Audit\nMVC might choose to engage with CertiK for a variety of reasons, primarily focused on bolstering the security and integrity of their blockchain project. By undergoing a security audit and verification process provided by CertiK, MVC can ensure that their smart contracts are robust against vulnerabilities, thereby building trust and credibility with investors and users. This collaboration can also serve to mitigate risks, meet compliance standards, secure necessary insurance coverage, and differentiate MVC in a competitive market. Moreover, it can signify a commitment to continuous improvement, community engagement, and adherence to best practices within the blockchain industry.\nMVC\'s Big Picture: Launching the Proof of Build Program\nLooking ahead, MicrovisionChain is set to launch its Proof of Build program, aiming to attract developers within the Bitcoin ecosystem to collaboratively expand and enhance the platform. This initiative will focus on fostering a community of developers committed to building and refining the capabilities of the Bitcoin sidechain.\nMVC has recently launched an asset bridge that is interoperable with Bitcoin. This new feature can be accessed via the link provided: https://app.orders.exchange/bridge. The asset bridge addresses the issue of transaction congestion within the Bitcoin ecosystem, which includes BRC20 tokens, Runes, and other assets. Jason Kwok, co-founder and COO of MicrovisionChain, commented on their strategic plans: "We are actively planning to collaborate with renowned custodial institutions and execute strategic campaigns to achieve higher Total Value Locked (TVL) targets. These efforts are crucial as we aim to expand our reach and solidify our platform\'s position in the digital asset ecosystem."\nIn closing, it\'s significant to observe the dramatic increase in SPACE\'s address base, skyrocketing from 30,000 to 400,000 in just two months. This rapid growth not only reflects the escalating market interest but also positions MVC to become one of the most watched projects within the Bitcoin ecosystem, showcasing its potential to lead the way in innovation and security.\nContact Person: Jason [email protected]://www.microvisionchain.com/\nSOURCE:Microvision chain\nView the originalpress releaseon accesswire.com', 'Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies.\nPershing Square Capital\'s current holdings look like this.\n[{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe\'s", "Percentage of Portfolio": "2.7%"}]\nData source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding.\nSome investors might cringe at his portfolio\'s lack of diversification, but Ackman\'s strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn\'t ownNvidia(NASDAQ: NVDA).\nThe only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now.\nSo, why don\'t Ackman and Pershing Square Capital own Nvidia?\nAny assessment of Ackman\'s style will clearly show he\'s a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable."\nAny investor following Ackman\'s No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia\'s business model is simple: Sell more GPUs.\nUnfortunately for investors, the company\'s sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia\'s latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up.\nChipmaking is a cyclical business, and demand for Nvidia\'s products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won\'t need to produce quite as many GPUs. But when this will happen is anyone\'s guess, which makes the business unpredictable.\nHowever, that\'s about the only rule of Ackman\'s that Nvidia breaks.\nOn his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn\'t Ackman own its shares?\nBecause Ackman doesn\'t break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn\'t be wise.\nIn sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn\'t fit their style.\nBefore you buy stock in Nvidia, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy.\nBillionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn\'t One of Themwas originally published by The Motley Fool', 'If you’re looking to increase yournet worth, Humphrey Yang has a few tips. The former financial advisor has a YouTube channel dedicated to sharing free financial advice(1).\nRecently, he created the video “21 Money Lessons I Wish I Knew Earlier(2),” offering guidance to help youmake better money choices. Here’s a quick look at what he had to say.\nCheck Out:It’s Never Too Late To Become Wealthy,’ According to Robert KiyosakiTry This:6 Unusual Ways To Make Extra Money (That Actually Work)\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nMost wealthy people actually live well below their means. Therefore, just because someone who lives a flashy lifestyle might actually have less money than another person with a more modest existence.\nMost people don’t get rich overnight. Instead, they build their wealth consistently over time, through the power of compounding.\nIt’s great if you get a big paycheck one month — i.e., you work on commission, — but you can’t expect to earn this much every month.\nFor example, if you’re a realtor and you earn $60,000 in commissions in January, you can’t expect to get a paycheck of this size every month. Instead of living the kind of lifestyle that accompanies a $60,000 per month paycheck, assume that’s all you’ll earn the rest of the year and spend accordingly.\nYou might be able to afford something on paper, but that doesn’t mean it won’t stretch your budget. Living below your means will give you more peace of mind.\nWhen you need financial advice, seek out a certified financial professional. They have the right training and are required by law to act in your best interest.\nIt might be more comfortable, but don’t fly first class until your net worth is $5 million — or maybe if you make more than $300 per hour. However, it’s okay if you’re using credit card points or airline status.\nLearn More:7 Things You Must Do To Start Making $1K a Month in Passive Income\nKeep your credit utilization under 30% of your total credit limit. Carrying more can lower your credit score.\nTry to keep your credit card balance under 10% or never carry a balance at all — i.e., pay it off every few days.\nYou never know what might happen in the future, so buy Bitcoin and never sell it. This will hedge your bets a little against our traditional types of currency.\nMoney isn’t a scoring system. Trying to “win” is often an unwinnable game, because someone will always have more than you.\nAlways take advantage of an employer-sponsored 401(k) match. This is free money offered to you, which is one of the best ROI investments you can make.\nEvery time you get paid, set up an automatic transfer from your checking account to your savings account. This will eliminate any temptation to spend money you should be saving.\nWhen you invest in an index funds, mutual fund, exchange-traded fund (ETF), you want low fees.\nThe average for an actively managed mutual fund is 0.5-0.75%, which is high. Instead, consider going with a passively managed fund with a 0.2% expense ratio or lower, such as Vanguard, Charles Schwab or Fidelity.\nAs you learn and grow, you’ll be able to identify more (and better) opportunities to make money.\nWhen you spend time with career-driven people who care about money, you can learn from them. On the other hand, when you surround yourself with people who don’t care about money or have a negative money mindset, this could rub off on you.\nA phrase spoken by Warren Buffett, this practice can protect you from market volatility. This is especially true if you’re not the type of person to pay attention to the stock market every day.\nYou need a lot of leverage to make a lot of money. The more money you have to work with, the more it will earn for you.\nInvest as early as possible to maximize your time in the market. Timing the market is mostly impossible, so try to be invested in the market as long as you can.\nA great financial decision for you might not work for someone else. This means it’s always important to weigh whether money advice is right for you before taking it.\nOnce you get wealthy, focus on maintaining this status. Avoid risk of ruin by not chancing your money in an unhealthy way.\nTalk to your friends about finances. Eliminate the stigma about financial discussions by having these conversations with friends and family who are willing to listen.\nMore From GOBankingRates\n• 5 Japanese Cars To Stay Away From Buying\n• Ramit Sethi: How To Become Rich on a Low Salary\n• 5 Clever Ways to Speed Up Your Retirement Savings\n• 3 Things You Must Do When Your Savings Reach $50,000\nThis article originally appeared onGOBankingRates.com:21 Money Lessons That Will Make You Richer, According To Expert Humphrey Yang', 'Bitcoin(CRYPTO: BTC)has hit new all-time highs this year, and it\'s up around 300% since 2023. But there have been even better crypto investments investors could have held during that time.\nCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andCleanSpark(NASDAQ: CLSK)all outperformed the popular digital currency during that time frame. Here\'s a closer look at how these stocks have done since last year, from smallest to largest gains.\nCoinbase Global runs a popular cryptocurrency exchange that benefits from crypto\'s growing popularity. And since it doesn\'t have to rely entirely on Bitcoin, it can make for a more diverse investment option for investors. While it is the most popular digital currency, it accounted for just 34% of the exchange\'s trading volume last year.\nIn 2023, Coinbase Global reported a profit of $94.9 million (a sharp improvement from 2022, when it incurred a $2.6 billion loss) as it reduced expenses and didn\'t incur hefty impairment charges. The company generates roughly half of its revenue from subscriptions and services and the other half from transactions, which further highlights its diversification.\nThe stock trades at more than 17 times its revenue, but with aprice/earnings-to-growth ratioof less than 1, this has the potential to still be a good buy for the long term if you\'re bullish on crypto. But this is still a volatile and risky stock because Coinbase\'s performance will ultimately depend on how well Bitcoin and other digital currencies are doing. And as it scales up its operations, it could be difficult for the company to remain in the black.\nCleanSpark is a Bitcoin miner, and so its performance is going to be more directly affected by how high the price of the digital currency goes. A higher price means greater revenue for the business. The recenthalving event, unfortunately, will mean less production for the company and fewer bitcoins produced.\nCEO Zach Bradford isn\'t concerned, however, leaning on the company\'s strong margins as a key differentiator and the reason it might succeed where other miners could fail. As one of the larger miners, Bradford said: "... our piece of the pie should get bigger after halving. We think to the tune of 10, 15, or even 20%."\nFor the last three months of 2023, the company turned a profit of $25.9 million, versus a loss of $29 million in the prior-year period. But that was with the aid of a $36 million gain on the fair value of Bitcoin.\nAs one of the larger miners, it might do well despite the recent halving event. But what\'s concerning is that the company needed a high price for the digital coin and an asset gain for it to turn a profit last quarter. CleanSpark is a riskier option than Coinbase, and it might only be suitable for the most bullish of Bitcoin investors.\nOne of the hottest stocks over the past year has undoubtedly been MicroStrategy. What\'s intriguing is that the company isn\'t a crypto miner and doesn\'t operate an exchange; it\'s in the business of providing companies with analysis and business intelligence solutions.\nBut its CEO, Michael Saylor, is incredibly bullish on crypto, saying in a recent interview that Bitcoin is a better option than gold -- having all of its most attractive features without its drawbacks.\nMicroStrategy owns more than 214,000 bitcoins and is the largest corporate holder of the cryptocurrency. That means its exposure to it is significant.\nLast year, the company incurred a digital asset impairment loss of $115.9 million. And the year before that, when Bitcoin was falling heavily in value, the loss totaled nearly $1.3billion.\nThe company only turned a profit in 2023 due to an income tax benefit of $553.6 million. Its core operations remain unprofitable, and that\'s what should matter to investors. MicroStrategy\'s fundamentals don\'t support its inflated valuation, which now stands at more than 800 times its expected future earnings.\nInvestors appear to be piling into the stock for its cryptocurrency holdings and the CEO\'s bullish outlook on Bitcoin. While this stock is doing well with crypto doing well, it could have the furthest to fall in a correction. MicroStrategy is a stock I\'d stay far away from.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Crypto Stocks Up More Than 500% Since 2023was originally published by The Motley Fool', 'About three years ago,Dogecoin(CRYPTO: DOGE)was on an incredible journey "to the moon." The dog-inspired token had won over speculators during meme-stock mania, hitting its peak price of under $0.74 in May 2021.\nDogecoin has been on a downward spiral since then, even as the overall cryptocurrency market continues on its path toward recovery. As of this writing, the token is 78% below its all-time high.\nPerhaps the bulls are hoping that better days are ahead. Should you buy Dogecoin right now while it\'s below $0.20?\nThe crypto market is once again winning over investors. The industry\'smarket capsits at $2.4 trillion (as of April 23), up from around $800 billion at the start of 2023. The monumental rise ofBitcoin, andEthereumto a lesser extent, are propelling the gains.\nDogecoin substantially underperformed these top two cryptos last year. But it is winning the race in 2024, up 79% so far this year.\nIt\'s really hard to pinpoint what causes these huge price swings as they relate to digital assets. One such catalyst might be the belief that after the approval ofspot Bitcoin ETFs, there could be more approvals on the horizon. Another catalyst might be that X, formerly known as Twitter, could integrate Dogecoin as a payment mechanism on the social news app. In theory, this would drive demand for the DOGE token, pushing up its price.\nExcitement for this possibly game-changing outcome looks to be waning, though. Dogecoin has tanked 27% in the month of April. Extreme volatility is the name of the game, as various hype cycles can quickly come and go.\nDogecoin was created in 2013 to be a fun-loving alternative to Bitcoin. That\'s really what the purpose was. So it\'s pretty unbelievable that it has risen to become the eighth most valuable blockchain network today, with a market cap of $23 billion.\nIt has done that with virtually no real-world utility. To be clear, th Last 60 Days of Bitcoin's Closing Prices: [57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-27 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,241,592,570,169 - Hash Rate: 613155633.4421867 - Transaction Count: 452967.0 - Unique Addresses: 673970.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. • Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. • This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said. MicroStrategy (MSTR) could surprise Wall Street analysts and report better-than-expected earnings if the software company chooses to adopt new accounting standards, a move that means it could qualify for inclusion in America’s most important stock index, the S&P 500, broker Benchmark said in a research report on Thursday.The company will report results for thefirst quarter2024 after the close of markets on April 29. MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it held 214,246 bitcoin worth $13.9 billion at current prices. Benchmark notes that since the software company started holding bitcoin on its balance sheet it has recorded $2.27 billion in cumulative impairment losses due to a Financial Accounting Standards Board (FASB) rule called ASC 350.TheFASB issued new guidancein December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.“The impact of doing so on MSTR’s reported earnings per share would be massive: the company in its 2023 10-K report estimated that early adoption would increase its 2024 beginning retained earnings balance by ~$3.1 billion,” analyst Mark Palmer wrote. Analyst consensus is for MicroStrategy to report a first-quarter 2024 loss per share of $0.55. Benchmark estimates that if the company decides to opt for early adoption of the new standard it could report a gain of more than $300 per share for the quarter.MicroStrategy currently meets nearly all of the criteria for S&P 500 inclusion, the report said. The company is based in the U.S., its shares are highly liquid, 50% of its outstanding shares are available for trading, and its market cap is greater than $18 billion. For the index committee to consider a stock for inclusion in the S&P 500 it must also report positive earnings in its most recent quarter. Benchmark notes that MicroStrategy has reported losses in 10 of the past 14 quarters. Early adoption of the new standards means the software company could meet this final criterion.“Inclusion in the S&P 500 would position MSTR’s stock valuation to receive an ongoing boost from the price-agnostic purchases of its shares resulting from enormous passive inflows,” Palmer wrote.Still, uncertainty around the tax impact of adopting the FASB’s updated guidance could cause MicroStrategy to hold off on early adoption, the report added Read more:MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Personal growth goe\xads hand in hand with facing challenges.In a recent YouTube video, financial expert Tony Robbins had a chat with investing legend Ray Dalio. In 1975, Dalio founded theinvestmentmanagement firm Bridgewater Associates. Fast forward four decades and Bridgewater Associates has grown to be the largest hedge fund in the world, managing over 160 billion dollars. They discussed six key steps to creating billion-dollar success.\nFor You:Tony Robbins: 10 Passive Income Ideas To Build Your FortuneTry This:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nHere are six steps to take if you’re looking for mega financial success, according to Robbins and Dalio:\nRobbins expressed that life\xad’s biggest chances come from tough time\xads. He stresses making the most of the\xadse moments. Struggles te\xadst your creativity and character. At the same time, crises can le\xadad to breakthroughs, which means that many struggles are really just opportunitie\xads in disguise.\nRobbins and Dalio spoke about the effects of market crashe\xads. They’re opinion is to seek balance\xad and practice some market timing at the same time. Balanced investing means dive\xadrsifying your assets in order to hedge financial losses due to market swings. It was highlighted that a combination of adjusting investments when the marke\xadts drop, taking chances, and reducing risks can all make a difference for your finances.\nBitcoin, the original cryptocurrency that took the world by storm, remains a highly speculative and volatile asset. While\xad crypto tech continues to advance, it’s crucial to take caution and avoid speculating reckle\xadssly with Bitcoin. Be sure to carefully understand blockchain principles and the risks associated withcryptocurrenciesbe\xadfore investing.\nFrom Dalio’s exhaustive\xad study on successful people such asJeff Bezosand Elon Musk, Robbins highlights some shared traits of these individuals. Each of these successful industry leaders have a captivating vision, they’re practical, and the\xady always persevere\xad against all odds. Robbins stresse\xadd the importance of being open-minded and maintaining a willingness to learn from others. To achieve similar success, becoming skille\xadd at forming partnerships and balancing individual strengths is key.\nRobbins and Dalio stress making principled choices for pe\xadrsonal and shared growth. They highlighted the importance of having cle\xadar individual principles. Being open-minde\xadd should always be coupled with disagreeing respe\xadctfully. By aligning your personal and shared principle\xads with others, people can connect de\xadeper which results in a stronger ability to navigate challenge\xads.\nRobbins highlights how having principles guide\xads our personal and work lives. He says we\xad should think about principles that matter to us and we should cle\xadarly express those principle\xads. To achieve success, our actions should always align with our principles. Whe\xadn making decisions based on principles, you\xad grow stronger, you build good relationships, and you can clearly pursue what you’re aiming for.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 5 Unnecessary Bills You Should Stop Paying in 2024\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 10 New Cars to Avoid Buying in 2024\nThis article originally appeared onGOBankingRates.com:Tony Robbins: 6 Billion-Dollar Success Strategies', "There aren't many assets that have outperformedBitcoin(CRYPTO: BTC). In the past five years, it has skyrocketed more than 1,100% (as of April 23). That far outpaced theNasdaq Compositeindex, for example.\nTo be clear, I'mstill bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks like a smart buying opportunity.\nHowever, I believe it's always a good idea for investors to understand the bear case for any asset they own or are considering.\nThe most obvious thing that could put a bearish headwind in the way of this booming crypto would be governments putting strict regulatory measures in place around it. Countries could make it illegal for their citizens to buy Bitcoin, or for anyone to mine it within their borders -- effectively banning it. This is exactly what China has done.\nIf the U.S. ever followed a similar approach, that would mean the richest country on Earth was excluding itself and its citizens and businesses from legally supporting Bitcoin. This could crush the crypto's price by alienating a massive pool of capital.\nBut why would governments want to ban Bitcoin? Bitcoin is a direct competitor to central banks across the world. These entities control benchmark interest rates and fiscal policy, which largely means they control their nations' money supply. As a decentralized monetary network that transcends borders, Bitcoin can undermine this power.\nHowever, the Securities and Exchange Commission's recent approval ofspot-price Bitcoin exchange-traded funds(ETFs) in the U.S. might reveal a more favorable regulatory stance, both from Washington and Wall Street.\nWe also can't ignore technical risks. Bitcoin has been around for about 15 years, butblockchain technologyis still a novel innovation. We don't know what changes developers have in store for the Bitcoin network, which leaves plenty of uncertainty as to how it might look 15 years from now. Those changes could have consequences for the stability and trustworthiness of Bitcoin generally.\nAdmittedly, Bitcoin's software is intentionally simple, and the system is designed so that the majority of nodes need to approve any proposed changes. If there's any risk that an update could break something, the hope is that such a change would be rejected. Nevertheless, there's always a chance that a problem could get through.\nAnother factor that adds technical uncertainty is the potential of quantum computing. A number of companies and research groups are developing new supercomputers that leverage quantum mechanics to solve certain types of extremely complex problems vastly faster than traditional machines. Some of these problems -- in cryptography, for example -- are viewed as more or less unsolvable by standard computers in any useful time frame.AlphabetandMicrosoftare among the major companies working on this technology.\nIf the technical challenges of quantum computing can be overcome, such machines would likely be able to crack the Bitcoin network's cryptography, shredding its security features. Everyone's private keys -- and their Bitcoin -- would be at higher risk of being stolen. And if the public loses confidence in Bitcoin's security as an asset, its value would be in trouble.\nTo put a positive spin on this scenario, developers could also use quantum computing to develop a new and improved security mechanism for the crypto. In other words, Bitcoin could adapt.\nAnother risk that I see is so far flying under the radar in the investing world. There's always the possibility that people will simply lose interest in Bitcoin as time passes. Many individual and institutional investors, as well as corporations and governments, have gravitated to the asset over the past decade. But that has mainly been because its price has continued to go up, despite a lot of volatility along the way.\nI suspect that if Bitcoin doesn't continue satisfying its owners' desires for rapid gains, then over time, money could flow out of crypto and back to traditional asset classes like stocks and real estate. Those outflows would further depress prices, and disappointing results would discourage new investors from buying Bitcoin.\nThe counter to this thesis is that over the past 15 years, Bitcoin has remained relevant. The longer it continues to, the more I believe that it's not going anywhere.\nEven after weighing these compelling bear-case arguments, I'd say Bitcoin bulls should have even more conviction.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Neil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Bitcoin, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nThis Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here's the Bear Case You Need to Understandwas originally published by The Motley Fool", 'Investing insmall cap stockstends to be more risky than large caps, but over the long course of history, small-cap stocks have outperformed their large cap peers -- and by a significant margin. And that makes sense: After all, it\'s easier for a small company to grow by leaps and bounds than it is for an already-large company.\nOf course, that hasn\'t been the case for a while. In fact, we\'ve just gone through an extraordinary period in which large cap stocks have outperformed small cap stocks for the second longest stretch since the1930s.\nHowever, one popular Wall Street analyst sees the tide turning. In fact, this analyst sees a potential50% return for small capsin 2024, as the market rally broadens out and dirt cheap small caps "catch-up" in valuation to large caps as the economy improves.\nWhile that may or may not happen, there\'s a good case to be made. And if the small-cap rally takes hold, here are three greatexchange-traded funds (ETFs)to play it.\n^RUTTRdata byYCharts\nIn order to decipher why a small cap rally may be in store, it may be a good idea to understand why they\'ve underperformed so badly over the past decade or so.\nFirst, small caps tend to be seen as riskier. That makes sense, as smaller companies tend to have less-diversified businesses, and also tend to need more potential funding than large caps with more resources. Small caps are also seen as more economically sensitive, as they tend to get all of their revenue and earnings from within the U.S. in only one or two end markets.\nAs such, small-caps not only tend to borrow more money, but often do so at higher interest rates, and often at variable rates. In fact, roughly 30% of the debt of companies in the Russell 2000 small cap index is floating-rate, compared with only 6% in the S&P 500. That makes them highly intersest-rate sensitive.\nSo small caps tend to need a "goldilocks" scenario to outperform. Following the Financial Crisis of 2008, everyone appeared to be afraid of the next big downturn. The growth scares of 2016, 2018, Covid, and the 2022 downturn all caused significant angst in the market, but didn\'t result in recession -- or at least in case of the pandemic, not a "traditional" one. But the fear caused investors to abandon small-caps en masse. And even in the strong recovery after the pandemic, high inflation and rising interest rates once again caused trepidation over small cap sensitivity to interest rates.\nThe composition of small caps also likely played a part. The rise in stocks over the past decade has really been lead by the technology sector. But the Russell 2000 only has about a 17.2% weighting in technology. By comparison, the S&P 500 has over 30% of its weighting in technology stocks.\nAs investors have both chased the exciting technology-fueled growth in cloud, AI, and sought the safety of The Magnificent Seven, it\'s no wonder small caps have been left behind.\nOne final factor may be competition for dollars from large capital allocators. Many large pensions and endowments are eschewing public stocks in favor of private equity and venture capital these days. Those two investment vehicles tend to occupy the high-risk, higher-upside portion for these allocators\' portfolios, which used to be occupied by small-cap stocks. As an example, the famed Yale endowment now has 40% of its funds in private investment vehicles, whereas in 1990 it had only 5%. So, that lack of demand for public small-cap stocks due to more fashionable private investments may be a contributing factor.\nWhy might small caps suddenly begin to outperform? For one thing, that\'s actually the norm, not the exception. In fact, there have really only been three stretches in market history when large caps greatly outperformed small caps like they have over the past 10 years.\nHowever, looking at the big picture of the stock market from 1936 to 2023, small caps have actually outperformed large caps almost 70% of the time, and by three whole percentage points on an annualized basis.\nSecond, the prospect of a healthy economy but with lower-interest rates could be in the cards -- a so-called "soft landing." That\'s really the environment in which small-caps thrive. With a high concentration in industrials, financials, energy, and consumer cyclicals, when the economy does well -- but without exceedingly high interest rates -- so do small caps. While inflation has remained a tad stubborn and the prospects for rate cuts have been pushed out in time, most still believe the Federal Reserve will begin to cut rates sometime later this year.\nThird, the valuation gap between large and small caps has widened to historic proportions. As of February, the Russell 2000 average traded at about 15.2 times this year\'s earnings estimates, a huge discount to the S&P\'s forward P/E ratio of 19.6. That\'s a 22.5% discount. And as of April, the Russell 2000 traded at just 1.4 times book value, the biggest discount to large caps since the 1990s internet boom.\nFourth, not only do small-caps trade at historic discounts to large caps, they\'re also potentially set for outsized growth. Fundstrat analyst Tom Lee noted recently that small caps have higher estimated sales and earnings growth in fiscal 2025 compared with large caps. And with multi-strategy clients holding decade-low allocations to small caps, he sees a setup akin to 1999.\nHow did small-caps do after the burst of the internet bubble? Between 1999 and 2011, the small-cap Russell 2000 index outperformed the S&P 500 index by a whopping 6.5 percentage points annually, more than doubling the S&P\'s performance over those 10 years! That\'s why Lee thinks when small caps begin to outperform, it could be violent, yielding as much as a 50% return in 2024.\nThe easiest and most diversified way to play small caps is to invest in an index fund tracking the Russell 2000. TheiShares Russell 2000 ETF(NYSEMKT: IWM)offers that with a fairly low expense ratio of 0.19%.\nThere are no frills with this index fund, which is a type of ETF. The IWM merely tracks the 2000 smallest public companies above a certain threshold (leaving out microcaps) in a diversified manner.\nOne advantage of having this big of an index is that the index can capture big winners, when the lucky small cap stock becomes large. For instance, the largest positions in the index are currently AI darlingSuper Micro ComputerandBitcoin-focused companyMicrostrategy, which have seen their market caps balloon to $46 billion and $22 billion, respectively.\nNot exactly "small!" However, in the June rebalancing of the Russell 2000, these stocks and others above $10 billion are likely to exit the index. So, while the Russell 2000 is good at capturing growth when tiny companies grow, the index will cut them when they get too big, limiting further gains.\nAnother way to play small caps is to go even smaller than the Russell 2000, with theiShares Core S&P Small-Cap ETF(NYSEMKT: IJR). This ETF tracks what is known as the S&P 600 index, which tends to focus on the lower-end of the Russell 2000, tracking smaller companies in that index while still filtering out the extremely low-value microcap stocks.\nFor instance, the current largest holding in the ETF is healthcare services companyThe Ensign Group(NASDAQ: ENSG), with just a $6.7 billion market cap. In addition, the ETF actually currently holds 2% in money market funds as a way to maintain liquidity to buy and sell stocks.\nWhile the IJR\'s 15.9% total return has lagged behind the IWM\'s 19.5% return over the past year, the IJR has actually outperformed over the long-term, with a 10-year annualized return of 8.8% versus the IWM\'s 7.5%. Not only that, but the IWJ\'s expense ratio is just one-third of the IWM\'s, at just 0.06%. That rock-bottom expense ratio and long-term outperformance may make the IWJ a superior choice for those who want "true" small cap performance.\nFor those looking for a more actively managed ETF that seeks to outperform, while also mitigating some of the weaknesses inherent to small caps, thePacer US Small Cap Cash Cows 100 ETF(NYSEMKT: CALF)looks like an excellent choice.\nThis ETF has actually been the top-performing small-cap ETF over the last five years, with an annualized return of 15.84%, more than double that of the Russell 2000. And that outperformance doesn\'t appear to be mere luck, but rather a result of the ETF\'s deliberate strategic filtering.\nPacer isn\'t exactly actively managed; in fact, it\'s a passive fund. However, the fund uses a rules-based methodology that is quite different from an index. CALF essentially attempts to whittle down the S&P 600 to the 100 stocks with the highest free cash flow yields as a percentage of enterprise value.The ETF then rebalances regularly, but instead of weighting the securities by market cap, it weights each holding according to free cash flow dollars over the past 12 months. And it caps any weighting at 2% on rebalancing.\nThis is a great methodology, as free cash flow is usually a more sound way to measure potential shareholder returns than net earnings. This is because free cash flow also takes into account capital expenditures. Moreover, enterprise value is a better way to measure the total worth of the company than market cap, because it accounts for debt. For instance, a company may have a very low P/E ratio based on market cap, but if the company in question is heavily indebted, it may not be as cheap as it seems.\nAnd not only does this filtering process help mitigate some of the weaknesses of all small-caps -- that being a lack of profitability and the need to use debt -- but the ETF also has another risk-mitigating filter: It completely cuts out financial stocks.\nThis is important, as the Russell 2000 has a relatively high proportion of financial stocks. These smaller regional banks and real estate companies can look quite cheap, therefore making it through the filter, but may actually be very risky. Moreover, small-cap financials are extremely sensitive to interest rates, as we saw unfold in the regional bank crisis roughly one year ago.\nSo by eliminating financials – the ETF\'s highest weighting is in consumer cyclicals, at 31.1% -- the ETF has managed to cut out a sector that has negatively contributed to the performance of most small cap indexes over the past 10 years.\nAs of March 2024, the index has an average 12.2% free cash flow yield and a P/E ratio of just 10.6. Those are huge yields these companies can use for reinvestment in growth, share buybacks, or dividends.\nThese are very prudent filters to put on a small-cap ETF, so it\'s no wonder the ETF has been a top small-cap performer. While its expense ratio is a tad higher than the index funds at 0.59%, as they say, you get what you pay for.\nBefore you buy stock in Pacer Funds Trust - Pacer Us Small Cap Cash Cows 100 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Pacer Funds Trust - Pacer Us Small Cap Cash Cows 100 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nBilly Dubersteinhas positions in Bitcoin and Super Micro Computer and has the following options: short January 2025 $1,840 calls on Super Micro Computer, short January 2025 $110 puts on Super Micro Computer, short January 2025 $125 puts on Super Micro Computer, short January 2025 $130 puts on Super Micro Computer, short January 2025 $280 calls on Super Micro Computer, and short January 2025 $85 puts on Super Micro Computer. His clients may own shares of the companies mentioned. The Motley Fool has positions in and recommends Bitcoin and iShares Trust-iShares Core S&P Small-Cap ETF. The Motley Fool has adisclosure policy.\n"Small" Set to Soar? 3 ETFs to Play a Potential Massive Rebound in Small Cap Stockswas originally published by The Motley Fool', "In the ever-evolving landscape of cryptocurrencies, few events hold as much influence and anticipation asBitcoin's(CRYPTO: BTC)halving. On Friday, April 19, the world's original cryptocurrency underwent its fourth halving, setting the stage for a potential price surge.\nWhile past performance doesn't guarantee future results, with a deeper exploration of the halving, it becomes clear that Bitcoin's price increasing is as close to a safe bet as you can get in the world of investing, especially in cryptocurrencies. Here's just how far it could go as it enters its new era.\nBefore getting into some speculation, it's crucial to understand just what the halving is and why it is so important. Programmed into Bitcoin's code, this phenomenon occurs roughly every four years, or every 210,000 blocks added to the blockchain, and reduces the block reward awarded to miners in half.\nAs the primary means for new Bitcoins to enter circulation, the reduction to miner rewards effectively slashes Bitcoin's inflation rate. Now that the fourth halving has passed, Bitcoin's inflation rate sits at a measly 0.85%, half of its previous 1.7%. Since Bitcoin's code is open source and we can peer into its inner workings, we know that this process will continue until 2140, when the last Bitcoin is scheduled to be mined, cementing its status as a deflationary asset.\nGiven the cyclical nature of the halving, there have been notable trends found arising between each one, namely price appreciation. By altering the production rate, the dynamics behind Bitcoin's supply and demand are altered. As a result, even if demand remains constant (even though it has historically been increasing), the supply cut exerts upward pressure on its price.\nIt isn't hard to see how the halving impacts Bitcoin's price. However, by taking things a step further, we can gain a better understanding on what to expect from Bitcoin in the coming months and years.\nOn average, Bitcoin increases roughly 127%. Measuring from its price at the beginning of 2024, that would put its price by year end right at $100,000.\nYet this might only be scratching the surface for what's to come. Unlike past halvings, this halving will be the first time that there are fewer Bitcoins available on exchanges than at the time of the previous one. When the third halving arrived in May 2020, there were 3.2 million coins on exchanges. This was more than at the time of the second halving in July 2016, when there were roughly 1 million coins on exchanges.\nHowever, since the May 2020 halving, the number of coins have dried up, with just 2.2 million on exchanges today. This supply shock could make this halving particularly explosive and is likely the culprit behind Bitcoin hitting an all-time high before the halving, something it had never done before.\nWhile a $100,000 price target for Bitcoin would be a considerable jump from today's prices, there are compelling reasons for investors to be focused on beyond this year. Historical data indicates that in the years following a halving, Bitcoin has experienced staggering price appreciation of around 400%. If this trend were to continue and our projected $100,000 price target hits in 2024, Bitcoin could see its price reach a staggering $500,000 in 2025.\nThis may come off as sensational, but here's why it could happen. With the introduction of the newly approvedspot Bitcoin ETFsin January, this will be the first halving where it isn't justretail investorslike you and me buying Bitcoins. Now the institutions have arrived, and they've brought their deep reserves of capital with them.\nSo far, the ETFs have been a hit, and hint that added demand from previously sidelined buyers could drive Bitcoin to previously unimaginable heights. Consider that at one point, the firms sponsoring these ETFs were buying more than 10 times Bitcoin's daily production rate (roughly 900 Bitcoins).\nWhile the rate of buying has cooled over the last month, if demand picks up to those record levels, that means the ETFs would be buying at 20 times Bitcoin's daily production rate now that the halving has passed. Combine that with an existing supply shock, and Bitcoin's price could be in for a wild ride.\nOnly time will tell what happens in this halving cycle. But what is more certain is that in roughly another four years, Bitcoin will undergo another halving. For investors with a long enough time frame, the more halvings you are able to hold through, the more likely your holdings will grow as each halving compounds on the previous.\nSee you in 2028.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Could Hit $100,000 if Past Halving Trends Play Outwas originally published by The Motley Fool", "In the ever-evolving landscape of cryptocurrencies, few events hold as much influence and anticipation asBitcoin's(CRYPTO: BTC)halving. On Friday, April 19, the world's original cryptocurrency underwent its fourth halving, setting the stage for a potential price surge.\nWhile past performance doesn't guarantee future results, with a deeper exploration of the halving, it becomes clear that Bitcoin's price increasing is as close to a safe bet as you can get in the world of investing, especially in cryptocurrencies. Here's just how far it could go as it enters its new era.\nBefore getting into some speculation, it's crucial to understand just what the halving is and why it is so important. Programmed into Bitcoin's code, this phenomenon occurs roughly every four years, or every 210,000 blocks added to the blockchain, and reduces the block reward awarded to miners in half.\nAs the primary means for new Bitcoins to enter circulation, the reduction to miner rewards effectively slashes Bitcoin's inflation rate. Now that the fourth halving has passed, Bitcoin's inflation rate sits at a measly 0.85%, half of its previous 1.7%. Since Bitcoin's code is open source and we can peer into its inner workings, we know that this process will continue until 2140, when the last Bitcoin is scheduled to be mined, cementing its status as a deflationary asset.\nGiven the cyclical nature of the halving, there have been notable trends found arising between each one, namely price appreciation. By altering the production rate, the dynamics behind Bitcoin's supply and demand are altered. As a result, even if demand remains constant (even though it has historically been increasing), the supply cut exerts upward pressure on its price.\nIt isn't hard to see how the halving impacts Bitcoin's price. However, by taking things a step further, we can gain a better understanding on what to expect from Bitcoin in the coming months and years.\nOn average, Bitcoin increases roughly 127%. Measuring from its price at the beginning of 2024, that would put its price by year end right at $100,000.\nYet this might only be scratching the surface for what's to come. Unlike past halvings, this halving will be the first time that there are fewer Bitcoins available on exchanges than at the time of the previous one. When the third halving arrived in May 2020, there were 3.2 million coins on exchanges. This was more than at the time of the second halving in July 2016, when there were roughly 1 million coins on exchanges.\nHowever, since the May 2020 halving, the number of coins have dried up, with just 2.2 million on exchanges today. This supply shock could make this halving particularly explosive and is likely the culprit behind Bitcoin hitting an all-time high before the halving, something it had never done before.\nWhile a $100,000 price target for Bitcoin would be a considerable jump from today's prices, there are compelling reasons for investors to be focused on beyond this year. Historical data indicates that in the years following a halving, Bitcoin has experienced staggering price appreciation of around 400%. If this trend were to continue and our projected $100,000 price target hits in 2024, Bitcoin could see its price reach a staggering $500,000 in 2025.\nThis may come off as sensational, but here's why it could happen. With the introduction of the newly approvedspot Bitcoin ETFsin January, this will be the first halving where it isn't justretail investorslike you and me buying Bitcoins. Now the institutions have arrived, and they've brought their deep reserves of capital with them.\nSo far, the ETFs have been a hit, and hint that added demand from previously sidelined buyers could drive Bitcoin to previously unimaginable heights. Consider that at one point, the firms sponsoring these ETFs were buying more than 10 times Bitcoin's daily production rate (roughly 900 Bitcoins).\nWhile the rate of buying has cooled over the last month, if demand picks up to those record levels, that means the ETFs would be buying at 20 times Bitcoin's daily production rate now that the halving has passed. Combine that with an existing supply shock, and Bitcoin's price could be in for a wild ride.\nOnly time will tell what happens in this halving cycle. But what is more certain is that in roughly another four years, Bitcoin will undergo another halving. For investors with a long enough time frame, the more halvings you are able to hold through, the more likely your holdings will grow as each halving compounds on the previous.\nSee you in 2028.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nBitcoin Could Hit $100,000 if Past Halving Trends Play Outwas originally published by The Motley Fool", "I've been investing inBitcoin(CRYPTO: BTC)on and off for more than 10 years now, but I never quite had the conviction to hold onto my coins for very long. After all, it's doubtful that the coins will ever have real utility like a precious metal might, and there's certainly no major nation-state or equivalently powerful actor supporting its value or accepting it as a medium of exchange.\nA couple of years ago, however, I heard an absurd argument that completely sidestepped all of those concerns, and now I'm convinced that I'll be buying and holding Bitcoin forever.\nWe use dollars as our primary currency every day. Despite the fact that a piece of paper with a U.S. president on it will never be inherently useful for any productive industrial purpose, there are many people worldwide who recognize that such a piece of paperis still valuable.\nIn fact, people are so deeply convinced that dollars are valuable that they're habitually willing to trade their time, effort, and other resources to acquire them. In other words, there is a widespread social consensus that the pieces of paper known as dollars are themselves exchangeable for other people's resources.\nThere isn't yet such a consensus about Bitcoin, despite its dramatic strides in becoming more widely accepted as astore of value. Nonetheless, there's a popular stereotype that posits the existence of a group of diehard cryptocurrency enthusiasts who are utterly convinced of Bitcoin's merits regardless of what anyone else has to say about it, to the point of being delusional.\nDetractors will claim that such investors are accumulating Bitcoin out of an inability to discern that the digital coins are in fact worthless because they're not useful for doing most of the transactions that one needs dollars to perform. On that point, the detractors seem to be right; if you've ever tried using Bitcoin to buy a burrito, you have probably gone home hungry. The financial infrastructure for using it for daily purchasing just isn't there, and it doesn't appear to be on the way.\nBut the bears miss a much more important point. The people with a cult-like appreciation for Bitcoin are so convinced of its value that they are effectively immune to any attempts to dissuade them, no matter how adept, extensive, or factually correct the objections may be. They simply don't care; their minds are made up, and, if they're to be believed, their opinion on the matter is set in stone. They're practically indoctrinated, because they'll always be willing to buy Bitcoin from someone who doesn't believe in it anymore.\nAnd if they can help it, they'll never sell a single fraction of a Bitcoin. In their view, as the coin's mining difficulty increases over time as a result of halvings that are encoded into the protocol, fewer and fewer new tokens will be added to the ones circulating, and the price will go up. So to them it's rational to buy it at any price, because in the future it'll be higher.\nPut differently, the existence of these serious Bitcoin aficionados implies that the coin cannot go to zero, as even if the price falls sharply, there will still be individuals who want to buy it so long as they have the dollars or other currencies to do so. Therefore, there is a floor for the price of Bitcoin.\nThey think that this perpetual buying behavior will be rewarded in the long run. The group exerting constant upward pressure on the coin's price is responsible for providing a baseline level of demand that produces the price action they desire. They invest and evangelize as knowing acts of self-fulfilling prophecy.\nSo far, they have been rewarded handsomely for their conviction. And, so the absurd argument goes, you don't even need to believe in the Bitcoin protocol's merits to see why it's a good investment -- you just need to believe that the zealots exist, and they'll take care of the rest.\nCould it really be the case that a relatively small clique of evangelists is all that Bitcoin needs to grind upward forever?\nIt doesn't sound correct. But it probably is. More investors are adding the coin to their portfolios every day, and there will never be more coins in existence than the 21 million described in the protocol.\nWhen taking the diehards into account, any growth in the coin's investor population at all implies that prices will rise even if the new converts aren't as convinced. Of course, it's possible that investors' conviction will be fickle. It's also possible that Bitcoin's value will fall tremendously and then never recover, making it a terrible investment.\nBut the bullish argument is persuasive because it acknowledges that the direct utility of a currency can be a separate issue from its role as a store of value. Likewise, all something needs to be a store of value is for other people to believe that it is and behave accordingly. For Bitcoin, the belief is already there, so that's why I'll be slowly buying it for quite some time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Fully Ridiculous Argument Convinced Me to Buy Bitcoin and Hold It Foreverwas originally published by The Motley Fool", "I've been investing inBitcoin(CRYPTO: BTC)on and off for more than 10 years now, but I never quite had the conviction to hold onto my coins for very long. After all, it's doubtful that the coins will ever have real utility like a precious metal might, and there's certainly no major nation-state or equivalently powerful actor supporting its value or accepting it as a medium of exchange.\nA couple of years ago, however, I heard an absurd argument that completely sidestepped all of those concerns, and now I'm convinced that I'll be buying and holding Bitcoin forever.\nWe use dollars as our primary currency every day. Despite the fact that a piece of paper with a U.S. president on it will never be inherently useful for any productive industrial purpose, there are many people worldwide who recognize that such a piece of paperis still valuable.\nIn fact, people are so deeply convinced that dollars are valuable that they're habitually willing to trade their time, effort, and other resources to acquire them. In other words, there is a widespread social consensus that the pieces of paper known as dollars are themselves exchangeable for other people's resources.\nThere isn't yet such a consensus about Bitcoin, despite its dramatic strides in becoming more widely accepted as astore of value. Nonetheless, there's a popular stereotype that posits the existence of a group of diehard cryptocurrency enthusiasts who are utterly convinced of Bitcoin's merits regardless of what anyone else has to say about it, to the point of being delusional.\nDetractors will claim that such investors are accumulating Bitcoin out of an inability to discern that the digital coins are in fact worthless because they're not useful for doing most of the transactions that one needs dollars to perform. On that point, the detractors seem to be right; if you've ever tried using Bitcoin to buy a burrito, you have probably gone home hungry. The financial infrastructure for using it for daily purchasing just isn't there, and it doesn't appear to be on the way.\nBut the bears miss a much more important point. The people with a cult-like appreciation for Bitcoin are so convinced of its value that they are effectively immune to any attempts to dissuade them, no matter how adept, extensive, or factually correct the objections may be. They simply don't care; their minds are made up, and, if they're to be believed, their opinion on the matter is set in stone. They're practically indoctrinated, because they'll always be willing to buy Bitcoin from someone who doesn't believe in it anymore.\nAnd if they can help it, they'll never sell a single fraction of a Bitcoin. In their view, as the coin's mining difficulty increases over time as a result of halvings that are encoded into the protocol, fewer and fewer new tokens will be added to the ones circulating, and the price will go up. So to them it's rational to buy it at any price, because in the future it'll be higher.\nPut differently, the existence of these serious Bitcoin aficionados implies that the coin cannot go to zero, as even if the price falls sharply, there will still be individuals who want to buy it so long as they have the dollars or other currencies to do so. Therefore, there is a floor for the price of Bitcoin.\nThey think that this perpetual buying behavior will be rewarded in the long run. The group exerting constant upward pressure on the coin's price is responsible for providing a baseline level of demand that produces the price action they desire. They invest and evangelize as knowing acts of self-fulfilling prophecy.\nSo far, they have been rewarded handsomely for their conviction. And, so the absurd argument goes, you don't even need to believe in the Bitcoin protocol's merits to see why it's a good investment -- you just need to believe that the zealots exist, and they'll take care of the rest.\nCould it really be the case that a relatively small clique of evangelists is all that Bitcoin needs to grind upward forever?\nIt doesn't sound correct. But it probably is. More investors are adding the coin to their portfolios every day, and there will never be more coins in existence than the 21 million described in the protocol.\nWhen taking the diehards into account, any growth in the coin's investor population at all implies that prices will rise even if the new converts aren't as convinced. Of course, it's possible that investors' conviction will be fickle. It's also possible that Bitcoin's value will fall tremendously and then never recover, making it a terrible investment.\nBut the bullish argument is persuasive because it acknowledges that the direct utility of a currency can be a separate issue from its role as a store of value. Likewise, all something needs to be a store of value is for other people to believe that it is and behave accordingly. For Bitcoin, the belief is already there, so that's why I'll be slowly buying it for quite some time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Fully Ridiculous Argument Convinced Me to Buy Bitcoin and Hold It Foreverwas originally published by The Motley Fool", 'In the discourse among cryptocurrency investors right now, one ever-present narrative is that investing in meme coins likeDogwifhat,(CRYPTO: WIF)Dogecoin,(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB)can confer such high returns that it offers a higher chance of making "generational wealth" than traditional investments like stocks. In their parlance, generational wealth is roughly what one would expect -- a sum of wealth that\'s sufficient for investors to retire on their earnings and pass on a similarly cushy situation to their progeny.\nAre the meme coin boosters onto something? Could it really be possible to make oodles of money from buying some of the riskiest and most speculative financial instruments that exist? Answering the question is a bit more complicated than a simple yes or no, so let\'s unpack the relevant issues in detail.\nLet\'s get one thing out of the way to start. Mathematically, it is indeed possible for small investments in cryptocurrency to deliverabsurdly high returns, the likes of which are vastly beyond all but the most successful of equity investments. For instance, if you\'d bought $1,000 of Dogecoin five years ago, you\'d now have close to $63,000, so you can imagine how much cash you\'d have with a larger investment.\nBut the chance of such an outcome actually happening is close to zero for most investors, for a handful of reasons.\nFirst, there was hardly any mention of Dogecoin in the public discourse in April of 2019, which makes it very unlikely that an investor would choose to buy it. That\'s especially true given that the coin did not have any catalysts on the horizon, as there is no team advancing it or promoting it.\nSecond, most investors do not have the conviction or patience to hold onto highly risky coins for the time it takes for them to appreciate significantly in value. In short, the probability of being able to hold Dogecoin or another coin with a similar trajectory like Shiba Inu is minimal. As the coin\'s value shoots into the stratosphere, investors with a low cost basis are likely to feel the pressure to sell, as there is nothing other than hype to drive further increases.\nFinally, the probability that an investor would actually select Dogecoin or another coin that would later experience a meteoric ascent is not high. There are many thousands of meme coins in existence. Most go to zero, a bunch languish indefinitely, a gaggle grow moderately, and only a select few go on to reachmarket capsin the tens of billions.\nSo don\'t get caught up in the euphoria of cryptocurrency investors who are marketing their meme coins as paths to generational wealth. Even if you have the foresight to invest in a future winner when its price is low and there\'s minimal hype, the challenge of holding it through the ups and downs it will experience is going to be more than most can bear.\nDespite the facts above, there are still ways to responsibly invest in cryptocurrencies, including in meme coins, for the purpose of wealth-building. Just be sure to temper your expectations and prepare to put in a fair amount of work, as you\'ll need to do plenty of research and be ready to hold for the long haul.\nThe most obvious plays right now are coins likeBitcoinorSolana, which have the benefit of favorable macro tailwinds due to the recent halving of the size of Bitcoin\'s mining reward blocks, as well as plenty of attention from the public and the most serious of cryptocurrency investors. While Bitcoin and Solana will still be somewhat volatile in comparison to stocks, and their riskiness is fairly high, if you can commit to holding them for at least the next five years the odds will be in your favor.\nSolana specifically is the way to go if you want exposure to growth resulting from other people\'s meme coin investing. Most of the meme coin activity this year and last year has been on the Solana chain, and its low fees and quick transactions make that likely to continue for at least a while longer.\nFurthermore, assuming your portfolio is already adequately diversified, it is acceptable to dabble in meme coin investments, so long as you obey the following five rules:\n1. Don\'t invest more capital than you can afford to set on fire without caring whatsoever\n2. Don\'t allocate more than 5% of your portfolio\'s value to meme coin investments as a segment\n3. Invest only in well-established meme coins with market caps that are consistently above $300 million even after major drawdowns\n4. Invest only in meme coins with large and active communities on social media\n5. Invest only in meme coins with memes that are appealing to a mass audience; nothing offensive, niche, or confusing\nIn addition to the above, if you can manage to identify meme coins that the market recently dumped, but for which there are still many active coin holders, it\'ll increase your chances of success.\nBut be aware that you\'ll still need to have an ironclad risk tolerance and diamond hands to squeeze the most money out of these investments, so they aren\'t right Last 60 Days of Bitcoin's Closing Prices: [62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-28 Financial & Commodity Data: - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,258,117,937,238 - Hash Rate: 613155633.4421867 - Transaction Count: 487521.0 - Unique Addresses: 509501.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: * Broker raised its year-end bitcoin target to $90K from $80K.* Bernstein now expects a 7% reduction in hashrate post halving from shutdowns.* Says bitcoin miners compelling buys for equity investors looking for exposure to crypto. Bernstein raised its year-end bitcoin {{BTC}} price forecast to $90K from $80K and updated estimates for mining stocks in its coverage, the broker said in a research report on Thursday. “With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto cycle,” wrote analysts Gautam Chhugani and Mahika Sapra. “We assume a 7% reduction in hashrate post halving from shutdowns versus 15% earlier,” the authors wrote.Hashraterefers to the total combined computational power that is being used to mine and process transactions on aproof-of-workblockchain. Thequadrennial reward halvingis when mining rewards are cut in half. The next halving is expected inmid-April. Bernstein raised its price target for outperform-rated CleanSpark (CLSK) to $30 from $14.20. It trimmed its price target for outperform-rated Riot Platforms (RIOT) to $22 from $$22.50 and lifted its Marathon Digital (market-perform) price target to $23 from $14.30. CleanSpark closed at $20.25 on Wednesday, Riot at $12.40 and Marathon at $22.43.Riot and CleanSpark are set to emerge as leaders in the sector, as the “largest miners with the largest self-mining capacity,” the report added.Read more:Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', 'ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter of this year following the preceding quarter\'s 3.4% growth. Meanwhile, the personal consumption expenditures price (PCE) index, the Fed\'s preferred inflation metric, showed prices rose to a 3.4% annualized rate in the first three months of the year from 1.8% in the final quarter of 2023.\nThe stagflationary combination of slower growth rate and sticky inflation has further weakened the probability of the Fed rate cuts.\nMost traders on the prediction market platform Polymarket still seeno rate cutsas the most likely scenario, with a 35% chance of this happening, but the chance of 1 rate cut is creeping up, now at 29% versus 26% a week ago and 14% at the start of the month.\nQCP also wrote that Janet Yellen\'s fiscal strategy, leveraging the Treasury General Account (TGA)—holding close to USD 1 trillion in assets—and the Reverse Repurchase Program (RRP) with USD 400 billion, could inject up to $1.4 trillion in liquidity into the financial system pushing up all risk assets.\nAsCoinDesk\'s Omkar Godbole wrote last week, the key to a continuing bitcoin bull market is the U.S. Treasury\'s impending quarterly refunding announcement, which maintains or reduces the current TGA balance of $750 billion.\nThis $750 billion figure in the TGA is key because it serves as a significant signal to financial markets about the U.S. government\'s fiscal intentions, profoundly impacting economic stability and growth.\nMeanwhile, the launch of thebitcoin exchange-traded funds (ETFs) in Hong Kongon April 30 is also catching the eye of traders. However, news thatmainland Chinese investorswon\'t be able to trade the ETFs has dialed down the bullishness of the launch.', '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter of this year following the preceding quarter\'s 3.4% growth. Meanwhile, the personal consumption expenditures price (PCE) index, the Fed\'s preferred inflation metric, showed prices rose to a 3.4% annualized rate in the first three months of the year from 1.8% in the final quarter of 2023.\nThe stagflationary combination of slower growth rate and sticky inflation has further weakened the probability of the Fed rate cuts.\nMost traders on the prediction market platform Polymarket still seeno rate cutsas the most likely scenario, with a 35% chance of this happening, but the chance of 1 rate cut is creeping up, now at 29% versus 26% a week ago and 14% at the start of the month.\nQCP also wrote that Janet Yellen\'s fiscal strategy, leveraging the Treasury General Account (TGA)—holding close to USD 1 trillion in assets—and the Reverse Repurchase Program (RRP) with USD 400 billion, could inject up to $1.4 trillion in liquidity into the financial system pushing up all risk assets.\nAsCoinDesk\'s Omkar Godbole wrote last week, the key to a continuing bitcoin bull market is the U.S. Treasury\'s impending quarterly refunding announcement, which maintains or reduces the current TGA balance of $750 billion.\nThis $750 billion figure in the TGA is key because it serves as a significant signal to financial markets about the U.S. government\'s fiscal intentions, profoundly impacting economic stability and growth.\nMeanwhile, the launch of thebitcoin exchange-traded funds (ETFs) in Hong Kongon April 30 is also catching the eye of traders. However, news thatmainland Chinese investorswon\'t be able to trade the ETFs has dialed down the bullishness of the launch.', '• Bitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said.\n• Brandt said that bitcoin\'s recent price high of near $74K has already topped according to historical data.\nPeter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin {{BTC}}, has switched sides.\nIn a report shared with CoinDesk, Brandt suggested that bitcoin’s upward trajectory may have reached its peak. This starkly contrasts hisFebruary predictionthat the bullish cycle, starting from the bear market lows in November 2022, could extend out to September 2025, with prices reachingas high as $200,000.\nThe latest projection is based on a statistical concept called “exponential decay,” which describes the process of reducing an amount by a consistent percentage rate over a period.\n“Bitcoin has historically traded within an approximately 4yr bull/bear cycle, often associated with the halving events. There have been three major bull market cycles since the initial bull cycle and each cycle has been 80% less powerful than its predecessor in terms of the price multiple gained,” Brandt said.\n“If the statistical constant of the 80% decay holds true, the [record] high in bitcoin of $73,835 of March 14, 2024, has already reached a price consistent with the historical Exponential Decay,” Brandt added.\nBrandt predictedbitcoin\'s 2018 collapse to under $4,000.\nThe table shows the magnitude or gain multiple of previous bitcoin bull runs and exponential decays.\nThe first rally saw prices rise from $0.01 to $31.91, marking a 3,391x increase in less than two years. Subsequent bull markets have been longer in duration but smaller in magnitude, consistently suffering a roughly 80% exponential decay.\nBitcoin’s rally to record highs above $73,000 in March marked a 79.1% upswing from the bear market low of $15,473 reached after the collapse of the crypto exchange FTX in November 2022.\nSo, if exponential decay theory is a guide, the bull market may be over.\nThat said, past data does not guarantee future results, more so, as historically, Bitcoin blockchain’s quadrennial mining reward halvings have bolstered bullish trends. Thefourth reward halvingtook place on April 20, reducing the pace of per-block supply emission to 3.125 BTC from 6.5 BTC.\nAs such, the consensus in the crypto community is that bitcoin’s ongoing consolidation between $60,000 and $70,000 would resolve in a bullish move.\n"The ‘Pre/Post Halving’ cycle construct would suggest that the current bull trend will reach a top in the $140,000 to $160,000 range sometime in late summer/early fall 2025,” Brandt said, adding that the thesis remains the primary driver of his bitcoin ownership status.\nBrandt, however, added that the exponential theory remains on his radar until evidence emerges that “such decay will not influence the bull trend that began in November 2022.”\nBitcoin changed hands at $62,300 at press time, down 1.5% on a 24-hour basis.', '• Bitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said.\n• Brandt said that bitcoin\'s recent price high of near $74K has already topped according to historical data.\nPeter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin {{BTC}}, has switched sides.\nIn a report shared with CoinDesk, Brandt suggested that bitcoin’s upward trajectory may have reached its peak. This starkly contrasts hisFebruary predictionthat the bullish cycle, starting from the bear market lows in November 2022, could extend out to September 2025, with prices reachingas high as $200,000.\nThe latest projection is based on a statistical concept called “exponential decay,” which describes the process of reducing an amount by a consistent percentage rate over a period.\n“Bitcoin has historically traded within an approximately 4yr bull/bear cycle, often associated with the halving events. There have been three major bull market cycles since the initial bull cycle and each cycle has been 80% less powerful than its predecessor in terms of the price multiple gained,” Brandt said.\n“If the statistical constant of the 80% decay holds true, the [record] high in bitcoin of $73,835 of March 14, 2024, has already reached a price consistent with the historical Exponential Decay,” Brandt added.\nBrandt predictedbitcoin\'s 2018 collapse to under $4,000.\nThe table shows the magnitude or gain multiple of previous bitcoin bull runs and exponential decays.\nThe first rally saw prices rise from $0.01 to $31.91, marking a 3,391x increase in less than two years. Subsequent bull markets have been longer in duration but smaller in magnitude, consistently suffering a roughly 80% exponential decay.\nBitcoin’s rally to record highs above $73,000 in March marked a 79.1% upswing from the bear market low of $15,473 reached after the collapse of the crypto exchange FTX in November 2022.\nSo, if exponential decay theory is a guide, the bull market may be over.\nThat said, past data does not guarantee future results, more so, as historically, Bitcoin blockchain’s quadrennial mining reward halvings have bolstered bullish trends. Thefourth reward halvingtook place on April 20, reducing the pace of per-block supply emission to 3.125 BTC from 6.5 BTC.\nAs such, the consensus in the crypto community is that bitcoin’s ongoing consolidation between $60,000 and $70,000 would resolve in a bullish move.\n"The ‘Pre/Post Halving’ cycle construct would suggest that the current bull trend will reach a top in the $140,000 to $160,000 range sometime in late summer/early fall 2025,” Brandt said, adding that the thesis remains the primary driver of his bitcoin ownership status.\nBrandt, however, added that the exponential theory remains on his radar until evidence emerges that “such decay will not influence the bull trend that began in November 2022.”\nBitcoin changed hands at $62,300 at press time, down 1.5% on a 24-hour basis.', "Halving is nothing new forBitcoin(CRYPTO: BTC). There have been three previous halvings, and they all shared some similarities. However, with the passing of the fourth halving, which occurred on the evening of April 19, the stage is set for Bitcoin to enter a new era, as this halving is shaping up to be unlike any before.\nHere are three reasons Bitcoin's fourth halving is different from the past three.\nIn all previous halvings, the only investors were retail folks, like you and me. But now the institutions are here, and they are buying the cryptocurrency in the form of the recently approvedspot Bitcoin ETFs.\nAfter they were sidelined for more than a decade, the arrival of spot Bitcoin ETFs was met with remarkable demand. At one point, these funds were purchasing Bitcoin at 10 times its daily production (roughly 900 bitcoins). While demand has cooled in the last few weeks, if they were to return to those levels, then they would be buying at a rate 20 times greater than Bitcoin's daily supply now that the halving has passed.\nAt the time of every other halving, there were more coins available on exchanges than there were during the previous one. Let's unpack that a little. At the third halving in May 2020, there were more than 3 million coins on exchanges. This was 2 million more than at the second halving, which occurred in July 2016.\nBut after the May 2020 halving, something changed. Since then, the number of coins available for purchase on exchanges has plummeted, sitting at 2.2 million today. There are likely a handful of reasons for this, yet the most simple answer is that Bitcoin hit a tipping point between supply and demand.\nAmidst an existing supply shortage and the arrival of the Bitcoin ETFs, this new dynamic is probably why Bitcoin hit a new all-time high of roughly $73,000 in mid-March, thefirst timeit ever hit an all-time high before the halving. It is usually after the halving, once the full effect of the supply reduction manifests, that a new all-time high is hit.\nIt was only recently that Bitcoin's viability as a store of value started to prove itself. For the first eight years of its existence, Bitcoin's inflation rate was upwards of 10%. But with this most recent halving, Bitcoin's inflation rate fell below 1%. With only 450 bitcoins being mined per day, the new inflation rate of 0.85% will officially make Bitcoin scarcer than what many believe is the ultimate inflation hedge -- gold.\nAs this becomes more well-known, Bitcoin will likely solidify itself and overtake gold's supposed role. Unlike gold, which has an unpredictable inflation rate on a year-to-year basis, we know that there will only ever be 1.4 million coins to enter circulation until 2140.\nOnly time will tell just how different this halving will end up being, but the stars appear to be aligning to make it unlike any other. With spot Bitcoin ETFs here, an existing supply shock, and a minuscule inflation rate, don't be surprised if Bitcoin surpasses expectations once again.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy This Bitcoin Halving Is Differentwas originally published by The Motley Fool", "Halving is nothing new forBitcoin(CRYPTO: BTC). There have been three previous halvings, and they all shared some similarities. However, with the passing of the fourth halving, which occurred on the evening of April 19, the stage is set for Bitcoin to enter a new era, as this halving is shaping up to be unlike any before.\nHere are three reasons Bitcoin's fourth halving is different from the past three.\nIn all previous halvings, the only investors were retail folks, like you and me. But now the institutions are here, and they are buying the cryptocurrency in the form of the recently approvedspot Bitcoin ETFs.\nAfter they were sidelined for more than a decade, the arrival of spot Bitcoin ETFs was met with remarkable demand. At one point, these funds were purchasing Bitcoin at 10 times its daily production (roughly 900 bitcoins). While demand has cooled in the last few weeks, if they were to return to those levels, then they would be buying at a rate 20 times greater than Bitcoin's daily supply now that the halving has passed.\nAt the time of every other halving, there were more coins available on exchanges than there were during the previous one. Let's unpack that a little. At the third halving in May 2020, there were more than 3 million coins on exchanges. This was 2 million more than at the second halving, which occurred in July 2016.\nBut after the May 2020 halving, something changed. Since then, the number of coins available for purchase on exchanges has plummeted, sitting at 2.2 million today. There are likely a handful of reasons for this, yet the most simple answer is that Bitcoin hit a tipping point between supply and demand.\nAmidst an existing supply shortage and the arrival of the Bitcoin ETFs, this new dynamic is probably why Bitcoin hit a new all-time high of roughly $73,000 in mid-March, thefirst timeit ever hit an all-time high before the halving. It is usually after the halving, once the full effect of the supply reduction manifests, that a new all-time high is hit.\nIt was only recently that Bitcoin's viability as a store of value started to prove itself. For the first eight years of its existence, Bitcoin's inflation rate was upwards of 10%. But with this most recent halving, Bitcoin's inflation rate fell below 1%. With only 450 bitcoins being mined per day, the new inflation rate of 0.85% will officially make Bitcoin scarcer than what many believe is the ultimate inflation hedge -- gold.\nAs this becomes more well-known, Bitcoin will likely solidify itself and overtake gold's supposed role. Unlike gold, which has an unpredictable inflation rate on a year-to-year basis, we know that there will only ever be 1.4 million coins to enter circulation until 2140.\nOnly time will tell just how different this halving will end up being, but the stars appear to be aligning to make it unlike any other. With spot Bitcoin ETFs here, an existing supply shock, and a minuscule inflation rate, don't be surprised if Bitcoin surpasses expectations once again.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhy This Bitcoin Halving Is Differentwas originally published by The Motley Fool", '• Bitcoin ETF slowdown is a short-term pause not the beginning of a negative trend, the report said.\n• Broker’s expectation of a bitcoin high of $150,000 by 2025 remains the same.\n• The bitcoin mining cycle remains healthy after the halving, Bernstein said.\nTheslowdownin bitcoin {{BTC}} exchange-traded fund (ETF) inflows is a short-term pause before ETFs become more integrated with private bank platforms, wealth advisors and more brokerage platforms, and not the beginning of a worrying trend, broker Bernstein said in a research report on Monday.\nThe broker notes that the world’s largest cryptocurrency has been range-bound in terms of price, with no clear momentum on either side following the halving.\n“There is a natural gestation time to bitcoin becoming an acceptable portfolio allocation recommendation and the platforms establishing the compliance framework to sell bitcoin ETF products,” analysts Gautam Chhugani and Mahika Sapra wrote.\nBernstein says its expectation of a bitcoin cycle high by 2025 of $150,000 remains the same, as the “unprecedented ETF demand inflows have further reinforced our conviction.”\nThe bitcoin mining cycle remains healthy after the halving, with the leading players continuing to consolidate market shares, the report said.\nBitcoin network fees have normalized at a healthy 10% of miners revenues having spiked post the halving, the report added.\nThe quadrennialreward halvingtook place earlier this month and slowed the rate of growth in bitcoin supply.\nRead more:Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein', '• Bitcoin ETF slowdown is a short-term pause not the beginning of a negative trend, the report said.\n• Broker’s expectation of a bitcoin high of $150,000 by 2025 remains the same.\n• The bitcoin mining cycle remains healthy after the halving, Bernstein said.\nTheslowdownin bitcoin {{BTC}} exchange-traded fund (ETF) inflows is a short-term pause before ETFs become more integrated with private bank platforms, wealth advisors and more brokerage platforms, and not the beginning of a worrying trend, broker Bernstein said in a research report on Monday.\nThe broker notes that the world’s largest cryptocurrency has been range-bound in terms of price, with no clear momentum on either side following the halving.\n“There is a natural gestation time to bitcoin becoming an acceptable portfolio allocation recommendation and the platforms establishing the compliance framework to sell bitcoin ETF products,” analysts Gautam Chhugani and Mahika Sapra wrote.\nBernstein says its expectation of a bitcoin cycle high by 2025 of $150,000 remains the same, as the “unprecedented ETF demand inflows have further reinforced our conviction.”\nThe bitcoin mining cycle remains healthy after the halving, with the leading players continuing to consolidate market shares, the report said.\nBitcoin network fees have normalized at a healthy 10% of miners revenues having spiked post the halving, the report added.\nThe quadrennialreward halvingtook place earlier this month and slowed the rate of growth in bitcoin supply.\nRead more:Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein', 'Gold has long been the go-to asset during times of financial uncertainty. If you have a queasy feeling in the pit of your stomach about what\'s going to happen next, you buy gold. So is it really possible that buying crypto -- an asset famous for its volatility -- could be a way to risk-proof your portfolio?\nBillionaire hedge fund investor Paul Tudor Jones thinks so. As he surveys the current geopolitical and macroeconomic environment, he\'s looking at both gold andBitcoin(CRYPTO: BTC)as potential safe-haven assets. If he\'s buyingBitcoinnow, should you be too?\nThere are two unique features of Bitcoin that make it a potential safe-haven asset. For one, Bitcoin is a digital asset that has been programmed to behave in a certain way. The Bitcoin algorithm carefully controls how much Bitcoin can be issued at one time, as well as the total lifetime supply of Bitcoin. The goal is to make Bitcoin inflation-resistant.\nThe recent Bitcoin halving is yet more evidence of this algorithm at work, since it cuts in half the rate of new Bitcoin issuance. AsCoinbase Globaltold its institutional clients, this makes Bitcoin a "programmatically disinflationary asset." Bitcoin has literally been programmed to act as a hedge against inflation.\nThe other unique feature of Bitcoin is that, until the launch of the newspot Bitcoin ETFs, it was almost completely untethered to the traditional financial system. In fact, Bitcoin was created as a reaction to the financial crisis of 2008, and every effort was made to free Bitcoin from the system of Wall Street intermediaries and central banks. That\'s why Bitcoin was largely uncorrelated with the broader financial markets for much of its existence.\nAnd that lack of correlation with the broader market is exactly what makes Bitcoin potentially so valuable during times of trouble. Bitcoin can zig, while other assets zag. Sound familiar? That\'s exactly why people buy gold. If their stock market investments are declining in value, at least their gold holdings are going up in value. The same is potentially true with Bitcoin as well. That\'s why some people refer to Bitcoin as "digital gold."\nHedge fund manager Paul Tudor Jones is no stranger to the crypto game. Since May 2020, he has suggested a Bitcoin allocation of at least 1%-2% for a diversified portfolio. At times, he has even hinted that he might boost that allocation to as high as 5%. The amount you decide to allocate to Bitcoin in your portfolio, of course, depends on how much risk you see in current events.\nAccording to Jones, the major source of risk these days is geopolitical risk. "This might be the most threatening geopolitical environment I\'ve ever seen," he said. He was specifically referring to events in the Middle East, but he could just as easily be talking about events in Ukraine or Taiwan.\nBut that\'s not all. Jones also sees a massive "debt bomb" for the U.S. economy. It\'s no secret that the U.S. government has accumulated a staggering amount of debt, and at some point, the chickens are going to come home to roost. For that reason, he says, "I can\'t love stocks, but I love Bitcoin and gold."\nMany investors assume that you only have a single option to risk-proof your portfolio: buying gold. And, indeed, if you\'ve spent any time on social media recently, you might be shocked at how many people are talking about buying gold these days. Who would ever have thought thatCostcowould have so much success selling 1-ounce gold bars to its customers?\nBut physical gold is not the only game in town during these turbulent times. If you are looking to risk-proof your portfolio, you also might want to consider "digital gold." It sounds counter-intuitive, but by allocating just a tiny portion of your portfolio to Bitcoin, you might be able to mitigate some of the risk due to the current geopolitical and macroeconomic environment.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Costco Wholesale. The Motley Fool has adisclosure policy.\nBuy This Crypto if You Want to Risk-Proof Your Portfolio, According to Billionaire Paul Tudor Joneswas originally published by The Motley Fool', "After four years of waiting, the long-anticipatedBitcoin(CRYPTO: BTC)halving finally took place on April 19. It promises to be yet another watershed moment in the history of Bitcoin. That's because every new halving cycle typically brings another bull market rally for Bitcoin, as well as another all-time high.\nBut it's not just Bitcoin that could be a big winner of theBitcoin halving. Three other big winners includeCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andBlackRock(NYSE: BLK). Let's take a closer look.\nThe obvious winner, of course, isCoinbase. First and foremost, the start of a new bull market rally for Bitcoin could lead to retail investors returning to the company's cryptocurrency trading platform, thereby pumping up Coinbase's transaction-related revenue. And, since a rising price for Bitcoin is traditionally good for the broader crypto market as well, there is likely to be increased trading in many, if not all, of the more than 245 cryptos currently listed on the exchange.\nAnd don't forget about the effect of the halving cycle on investor appetite for the new spot Bitcoin ETFs. Obviously, investors aren't going to Coinbase to trade these new ETFs. But here's the thing -- Coinbase is a custodian for eight of the 11 new spot Bitcoin ETFs. Thus, indirectly, Coinbase will benefit from investors deciding to buy these new spot Bitcoin ETFs. The more money that flows into the spot Bitcoin ETFs, the more money Coinbase could make from custodial fees.\nWhile MicroStrategy is ostensibly an enterprise software company, it's best known as the largest corporate holder of Bitcoin in the world. The company has been on a Bitcoin buying spree since mid-2020, and currently holds more than 214,000 bitcoins on its balance sheet. That's more than 1% of all Bitcoin in circulation. At today's Bitcoin price of $66,000, those holdings are worth a cool $14 billion, or about 60% of the total value of MicroStrategy itself!\nMicroStrategy shows no signs of slowing its Bitcoin acquisition strategy. The company's founder and executive chairman, Michael Saylor, is known as one of the biggest Bitcoin bulls in the world, and he has been very transparent about his desire to own as much Bitcoin as possible. In fact, his company recently had two new debt offerings, both with the express purpose of -- you guessed it -- buying more Bitcoin. If you are looking for a Bitcoin proxy stock, then look no further than MicroStrategy.\nFinally, there's BlackRock, the largest asset manager in the world, with over $10 trillion in assets under management. The company is the issuer of theiShares Bitcoin Trust(NASDAQ: IBIT), the most popular of the new spot Bitcoin ETFs that launched in January. In the span of just over three months, the ETF has gone from $0 to $17 billion in assets under management. And you can expect that figure to grow even higher as the price of Bitcoin increases.\nGranted, $17 billion is a drop in the bucket compared to the $10 trillion in assets that the company manages. But the bigger picture is that top ETF issuers such as BlackRock are using their flagship Bitcoin products as a way to attract new investors. Once you've purchased the iShares Bitcoin Trust, for example, you're much more likely to buy one of the company's other ETFs.\nBlackRock has also said that its new Bitcoin ETF is just the first step to new product innovations in areas such as asset tokenization, which has been projected as a $16 trillion market opportunity by the Boston Consulting Group. So I'm viewing BlackRock as a very long-term play on the mainstream adoption of Bitcoin and other crypto-related assets.\nThree different companies, three different ways to play the Bitcoin halving. If you are looking for a company that's directly leveraged to the price of Bitcoin, the clear choice is MicroStrategy. In many ways, MicroStrategy is a Bitcoin ETF masquerading as a software company. If you are looking for a more diversified play on the price of Bitcoin, though, Coinbase is a better choice.\nOf course, you could always just buy Bitcoin. If the 2024 halving is anything like the previous three Bitcoin halvings, it's going to be hard to find any investment that has the potential to soar higher over the next 12 months.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Winners of the Bitcoin Halvingwas originally published by The Motley Fool", "After four years of waiting, the long-anticipatedBitcoin(CRYPTO: BTC)halving finally took place on April 19. It promises to be yet another watershed moment in the history of Bitcoin. That's because every new halving cycle typically brings another bull market rally for Bitcoin, as well as another all-time high.\nBut it's not just Bitcoin that could be a big winner of theBitcoin halving. Three other big winners includeCoinbase Global(NASDAQ: COIN),MicroStrategy(NASDAQ: MSTR), andBlackRock(NYSE: BLK). Let's take a closer look.\nThe obvious winner, of course, isCoinbase. First and foremost, the start of a new bull market rally for Bitcoin could lead to retail investors returning to the company's cryptocurrency trading platform, thereby pumping up Coinbase's transaction-related revenue. And, since a rising price for Bitcoin is traditionally good for the broader crypto market as well, there is likely to be increased trading in many, if not all, of the more than 245 cryptos currently listed on the exchange.\nAnd don't forget about the effect of the halving cycle on investor appetite for the new spot Bitcoin ETFs. Obviously, investors aren't going to Coinbase to trade these new ETFs. But here's the thing -- Coinbase is a custodian for eight of the 11 new spot Bitcoin ETFs. Thus, indirectly, Coinbase will benefit from investors deciding to buy these new spot Bitcoin ETFs. The more money that flows into the spot Bitcoin ETFs, the more money Coinbase could make from custodial fees.\nWhile MicroStrategy is ostensibly an enterprise software company, it's best known as the largest corporate holder of Bitcoin in the world. The company has been on a Bitcoin buying spree since mid-2020, and currently holds more than 214,000 bitcoins on its balance sheet. That's more than 1% of all Bitcoin in circulation. At today's Bitcoin price of $66,000, those holdings are worth a cool $14 billion, or about 60% of the total value of MicroStrategy itself!\nMicroStrategy shows no signs of slowing its Bitcoin acquisition strategy. The company's founder and executive chairman, Michael Saylor, is known as one of the biggest Bitcoin bulls in the world, and he has been very transparent about his desire to own as much Bitcoin as possible. In fact, his company recently had two new debt offerings, both with the express purpose of -- you guessed it -- buying more Bitcoin. If you are looking for a Bitcoin proxy stock, then look no further than MicroStrategy.\nFinally, there's BlackRock, the largest asset manager in the world, with over $10 trillion in assets under management. The company is the issuer of theiShares Bitcoin Trust(NASDAQ: IBIT), the most popular of the new spot Bitcoin ETFs that launched in January. In the span of just over three months, the ETF has gone from $0 to $17 billion in assets under management. And you can expect that figure to grow even higher as the price of Bitcoin increases.\nGranted, $17 billion is a drop in the bucket compared to the $10 trillion in assets that the company manages. But the bigger picture is that top ETF issuers such as BlackRock are using their flagship Bitcoin products as a way to attract new investors. Once you've purchased the iShares Bitcoin Trust, for example, you're much more likely to buy one of the company's other ETFs.\nBlackRock has also said that its new Bitcoin ETF is just the first step to new product innovations in areas such as asset tokenization, which has been projected as a $16 trillion market opportunity by the Boston Consulting Group. So I'm viewing BlackRock as a very long-term play on the mainstream adoption of Bitcoin and other crypto-related assets.\nThree different companies, three different ways to play the Bitcoin halving. If you are looking for a company that's directly leveraged to the price of Bitcoin, the clear choice is MicroStrategy. In many ways, MicroStrategy is a Bitcoin ETF masquerading as a software company. If you are looking for a more diversified play on the price of Bitcoin, though, Coinbase is a better choice.\nOf course, you could always just buy Bitcoin. If the 2024 halving is anything like the previous three Bitcoin halvings, it's going to be hard to find any investment that has the potential to soar higher over the next 12 months.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\n3 Winners of the Bitcoin Halvingwas originally published by The Motley Fool", "Despite an extremely volatile journey, in the past five years,Bitcoin's(CRYPTO: BTC)price has skyrocketed 1,190%. It has benefited greatly from more bullish sentiment in the past year and a half.\nBut after hitting a fresh all-time high of almost $74,000 in March, the world's most valuable cryptocurrency has taken a breather. As of April 24, it sits 9% below that peak price. That dip tracks the broader cryptocurrency market.\nDoes the current setup makeBitcoina once-in-a-generation investment opportunity?\nIt's important to take a step back and first consider what makes Bitcoin such a unique asset. It clearly has something working in its favor that has helped drive up the price so much in the past several years.\nBefore the arrival of Bitcoin, there was no way for two people to send money to each other digitally without the use of intermediaries. Just think about all of the various parties involved in an online transaction today, with all of them taking a cut. Bitcoin's pseudonymous founder,Satoshi Nakamoto, wanted to develop a decentralized monetary network that transcended borders and was open to anyone.\nAdditionally, perhaps Bitcoin's most valuable trait is that it has a fixed supply cap of 21 million. As demand to buy and hold this digital asset has risen over time, it's no surprise that its price has as well.\nA completely decentralized network with a hard supply cap has tremendous value in and of itself. Just look at the current monetary system. In the U.S., for example, we have a currency that is constantly being devalued, as well as a ballooning debt problem. Bitcoin is an alternative to this financial ineptitude.\nOver time, a larger number of market participants and greater pools of capital are learning more about Bitcoin's attractive qualities. And this has pushed up its price. The recently approved and launched spot exchange-traded funds also opened the floodgates in terms of institutional involvement.\nAfter such an impressive run, investors are probably wondering how much more upside Bitcoin has. I believe there is still some serious potential to achieve returns that outperform the broader stock market.\nAccording to Unchained Capital, a Bitcoin-focused financial services firm, only 1 in 4 adults in the U.S. own some Bitcoin. That's compared to more than 60% who own stocks. I suspect in developing countries Bitcoin's penetration is substantially lower. As more people educate themselves, they will likely want to gain some exposure.\nBecause Bitcoin's primary use case is as an excellent store of value, it often draws comparisons to gold. The value of all the gold on Earth that has been mined is estimated to be worth almost $16 trillion. Given that Bitcoin has properties that make itsuperior to gold, it's totally reasonable to ass Last 60 Days of Bitcoin's Closing Prices:* [61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-29 Financial & Commodity Data: - Gold Closing Price: $2345.40 - Crude Oil Closing Price: $82.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,231,479,925,462 - Hash Rate: 573738485.5780463 - Transaction Count: 403064.0 - Unique Addresses: 603796.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects to change Bitcoin losing value, not adding) April 13 (Reuters) - Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, losing $5,050 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 15.8% from the year's high of $73,794 on March 14. (Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)... - Reddit Posts (Sample): [['u/btctrader12', 'The market only goes up. The sooner you accept this the better ', 2244, '2024-04-29 00:12', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', 'The long term history of the stock market is not due to chance or randomness. We were not merely “lucky” in any sense. It is not true that anyone who invests in the market gets “lucky”. The long term trend of up is completely explainable and has a very simple cause.\n\nThe cause is that most people don’t sell. It’s just not an activity that most market participants do. More importantly, there are many people who invest into the market in stages or in a variety of different stocks. Some of them systematize this by buying a portion of their salary. There’s even a strategy called DCA (Daily Cost Averaging) where people buy a certain amount of their favorite stock or crypto every single day. This is very common in Bitcoin. There is rarely ever an equivalent of a DSA (Daily Sell Averaging) because most people simply do not sell things day to day. \n\nSo on any given day, unless there is some sort of impending news or a sudden reason that can cause panic, most sell volume is simply bots. People are not regularly selling stocks every day. It is simply not a thing. Now, of course, most buy volume is also bots but it is unquestionably true that there are many, if not exponentially, more “real” buyers than sellers on any given day. \n\nPointing out how a few crappy companies have always went down long term doesn’t invalidate any of this. The main reason that happens is not because people are selling that stock every day. It’s because there is no reason left for people to buy because the company is crappy. ', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', '1cfipv0', [['u/vandysatx', 20, '2024-04-29 00:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdb2x/', 'I like the cut of your jib matey. Full port 0 dte calls on Monday.', '1cfipv0'], ['u/NotAGoodUsername36', 200, '2024-04-29 00:23', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdorq/', 'I think we accidentally got a post from 1924, guys.', '1cfipv0'], ['u/blackjack_bull', 44, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe3g7/', 'The big perspective shift for people is if someone here can post the statistics for when the banks, large traders, and companies dumped their shares during the market’s many crashes. I want to see how much of the loss is retail.', '1cfipv0'], ['u/cranialrectumongus', 457, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe4bf/', 'Yes, and as John Menard Keynes once said "In the long run we are all dead,. "', '1cfipv0'], ['u/cranialrectumongus', 14, '2024-04-29 00:28', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pehqb/', 'I believe that Mr. Keynes just entered the chat.', '1cfipv0'], ['u/Meanie_Cream_Cake', 62, '2024-04-29 00:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pel7d/', "This line of thinking doesn't work with trading options.\n\nYou need to know when to dip out and when to buy back in.", '1cfipv0'], ['u/Individual-Point-606', 1691, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfa0e/', "There's actually an explanation why the SnP500 keeps going up for decades: it keeps adding profitable big companies and let em go wen they become unprofitable . So basically they rebalance the thing to have the best businesses there, ofc other external factors (rates, wars, covid,etc) play a role", '1cfipv0'], ['u/miners915tx', 11, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfaee/', "I know this us r/wallstreetbets and not some r/investing sub but what about leaps? Yes you're paying a ton for any contracts ITM but I'd guess its about as safe as anything out there...even calls on spy at the beginning of covid turned a profit a year or less agmfter the initial draw down", '1cfipv0'], ['u/neutralpoliticsbot', 704, '2024-04-29 00:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfm60/', 'bingo S&P constantly adjusting and changing 75% of S&P is different from 15 years ago.', '1cfipv0'], ['u/gnocchicotti', 38, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfsx1/', 'The market always goes up the day after your calls expire. The sooner you accept this the better', '1cfipv0'], ['u/klauskinski79', 39, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pftu6/', "Let me provide a picture of the Japanese stockmarket. Adjusted for inflation it's far below where it was 35 years ago\n\nhttps://www.marketwatch.com/investing/index/nik?countrycode=jp", '1cfipv0'], ['u/Zajebanii', 46, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfurd/', 'There’s like 200 stocks delisted every year. You still have to pick good companies and monitor their growth', '1cfipv0'], ['u/BlindSquirrelCapital', 317, '2024-04-29 00:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg1cr/', "They thought the same thing about the Nikkei in the late 80's when Japan was supposed to overtake America as an economic powerhouse. At then end of the day it boils down to technology, productivity and demographics over the long term. Luckily the US over the past 200 years has been blessed with all of these things together with an abundance of natural resources. Will the next decade or the next 50 years yield the same results? I think so and hope so but nothing is guaranteed for any market or country, especially given our debt levels.", '1cfipv0'], ['u/HaveFunWillTravel69', 11, '2024-04-29 00:40', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg7ss/', 'Oh honey. Your asshole is going to be so raw after this week destroys you. Get sone KY Jelly before open.', '1cfipv0'], ['u/ApplicationJunior832', 23, '2024-04-29 00:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgc1i/', "Also because the world's economy has been overall growing over the last several decades, along with inflation and money supply. Money has to go somewhere, and lots get to the stock markets.\nHard to make predictions for the decades to come, let's just hope it keeps going like this", '1cfipv0'], ['u/Individual-Point-606', 670, '2024-04-29 00:44', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgsop/', 'SnP is like the playboy mansion: wen tits begin losing to gravity they are invited to leave.', '1cfipv0'], ['u/Acrobatic_Feel', 14, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5m0/', 'So only the Mag 7, got it 👍', '1cfipv0'], ['u/No_Difficulty_3116', 34, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5pk/', 'Sometimes you have to wait 10 years before talking again about gains. the current graph looks too hyped up and every finfluencer screams that every regard should throw his money also in just any index. But im too regarded too wait for a bigger crash/correction', '1cfipv0'], ['u/JustmeandJas', 14, '2024-04-29 00:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph89g/', 'Survival of the fittest', '1cfipv0'], ['u/Meanie_Cream_Cake', 23, '2024-04-29 00:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1phmkg/', "Two reasons why LEAPS are also not safe: Theta decay and the markets in a prolonged downturn.\n\nYour LEAPS won't be worth as much (or become worthless) if the markets are red for a long time. That's why you plan a stop-loss and get the eff out if things don't look right.", '1cfipv0'], ['u/DeliriousPrecarious', 28, '2024-04-29 00:52', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pi2qt/', 'Ok. Japan didn’t have people. That’s the difference.', '1cfipv0'], ['u/BlindSquirrelCapital', 30, '2024-04-29 00:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piagh/', 'Pick up a history book for once. The immigration that happened through the course of our history is what made this country an economic powerhouse since we had abundant labor pools with which to build the railroads, buildings and work in the factories. Japan was and still is very stringent on immigration and they have far more older people than productive younger people and thus the young are supporting a large portion of the population. The illegal immigration is a problem and a more orderly system should have been put in place years ago but to think that this country and much of its success was not built on immigrants from Ireland, China and elsewhere over the last two hundred years is just plain ignorant. Given the declining birthrates we better not fall into the same trap as Japan or we may be headed for the same outcome.', '1cfipv0'], ['u/lolfunctionspace', 21, '2024-04-29 00:56', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pijzy/', 'The real reason asset prices denominated in USD only go up is much simpler.\n\nEvery year the government spends more than it receives in tax revenues - can just be seen as a future obligation to print money. This is how it has worked in practice for decades.', '1cfipv0'], ['u/mythreesons1911', 119, '2024-04-29 00:56', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pilzo/', 'As Maynard James Keenan once said "all this pain is an illusion".', '1cfipv0'], ['u/AramushaIsLove', 40, '2024-04-29 00:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piv3h/', 'It\'s so fitting that someone who says this have the name "btctrader". Just so funny.', '1cfipv0'], ['u/Meanie_Cream_Cake', 40, '2024-04-29 01:00', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pj6w6/', 'There are 4 kind of economies: developed, undeveloped, Japan and Argentina.\n\nJapan is in some dip shit and their yen is becoming worthless. A harbinger for the US in my silent opinion.', '1cfipv0'], ['u/kudlatywas', 11, '2024-04-29 01:00', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pj95s/', 'You might want to check S&P from march 1937 till sep 1967. 30 years could be considered lifetime investment which would yield nothing but hey stonks only go up 😃', '1cfipv0'], ['u/Individual-Point-606', 10, '2024-04-29 01:09', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pkk2k/', 'Go tell that to the pension fund managers, edge funds, sovereign funds and other big players that hold 90% of an SnP 500 stock float....', '1cfipv0'], ['u/OKImHere', 18, '2024-04-29 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pklsq/', 'I hope your fever breaks soon.', '1cfipv0'], ['u/PremiumQueso', 12, '2024-04-29 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pkm5u/', 'Xenophobic cry baby nonsense. Quit wetting your pants over immigrants. They grow the economy. We’re lucky to live somewhere people want to relocate even if they risk their lives. The US isn’t a waste land. We have plenty of room to absorb more immigrants. The issue is an unworkable legal process for legal immigration. We could fix that but conservatives won’t ever let that happen.', '1cfipv0'], ['u/ADynes', 165, '2024-04-29 01:16', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1plfx8/', 'Saggy & Perky.', '1cfipv0'], ['u/cranialrectumongus', 59, '2024-04-29 01:16', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1plfy8/', 'That quote was from 1923. It took the market 25 years to reach the peak 1929 level following the crash.', '1cfipv0'], ['u/Placebo_Effect_47', 60, '2024-04-29 01:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pmlr9/', "Stay bearish, I'll remain a perma Bull. We can compare results in 25 years.", '1cfipv0'], ['u/klauskinski79', 18, '2024-04-29 01:25', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pmsld/', "I mean the us has been pumping up the economy first with free money and now a huge deficit for almost two decades now. If this goes bumm it will not fix itself in a couple years. It's like Italy in the nineties. Normally that doesn't necessarily kill the stockmarket but murders the exchange rate of a country. No idea how that works with the global reserve currency though. Being the global reserve currency also means they have a ton of leeway to pump further. But sooner or later this has to get back to reality.", '1cfipv0'], ['u/TheTwebber', 19, '2024-04-29 01:27', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pn0mw/', '🌀out', '1cfipv0'], ['u/149AssetManagement', 10, '2024-04-29 01:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pnfjk/', 'Everything everyone else said + \n\n1. People put a small amount into SPY EVERY WEEK through defined contribution plans (401k, etc.)\n2. The S&P 500 has a great global brand. As well, the USA economy having a similar brand. It’s the “Land of Opportunity”; if you’re smart and hard working you want to end up in USA to maximize your return on personal capital. \n3. Big, profitable companies want to stay in the S&P 500; so they do lots of things to make that happen.\n4. The best companies are able to reinvest capital in the most productive ways; and are supposed to look out for shareholders first. \n5. Think of owning stock as employing millions of hard working people who are trying to deploy your capital in the most efficient way possible. They are working everyday to improve their company (where they often own stock)… and in turn your capital will grow.', '1cfipv0'], ['u/neutralpoliticsbot', 25, '2024-04-29 01:35', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1po5db/', 'This is why I have my IRA 100% in $XXXX', '1cfipv0'], ['u/KyOatey', 17, '2024-04-29 01:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pocxm/', "This is lower than it should be. The stock market is growing because the world is growing. It's just about that simple.", '1cfipv0'], ['u/AoeDreaMEr', 70, '2024-04-29 01:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp3uw/', 'Blud explaining DCA as a “strategy” he just learnt. “There’s a strategy called DCA….”', '1cfipv0'], ['u/GlokzDNB', 60, '2024-04-29 01:42', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp5sm/', "The only reason why it's that because us international policy and leveraging dollar which makes your gdp to grow\n\nLook at Polish stock market. Gdp grows, there's political and geopolitical instability and index does not grow.\n\nHow ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\n\nI am not betting on that, but nothing lasts forever and one day someone will learn that what you said is truth only in fast growing economy.", '1cfipv0'], ['u/Zeto12', 127, '2024-04-29 01:42', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pp6sj/', 'Hey guys the top is in', '1cfipv0'], ['u/randoredditor23', 53, '2024-04-29 01:45', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pppm2/', 'That and we can add inflation and the decreasing value of our dollar 💪', '1cfipv0'], ['u/UnknownResearchChems', 31, '2024-04-29 01:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ppuue/', 'This is why stock picking is r3tarded', '1cfipv0'], ['u/VisualMod', 22, '2024-04-29 01:51', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqg2h/', 'Sure, but the poor die faster.', '1cfipv0'], ['u/ImLettuceEatter', 63, '2024-04-29 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqwh0/', 'yeah, its easy for us in america to think the market will always go up. But tell that to the europoors or the japanese. They been stagnanent for a long time now. I imagine the party has to end eventually', '1cfipv0'], ['u/Evil_Patriarch', 50, '2024-04-29 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pqz2d/', 'That was back before we realized we could just print more money whenever the market starts going down', '1cfipv0'], ['u/Hodorous', 10, '2024-04-29 01:57', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1prbiv/', 'Remember kids: The Great recession was only decade long bear trap', '1cfipv0'], ['u/Dismal_While579', 56, '2024-04-29 02:04', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1psblr/', 'also, this is a casino, green or red 0dte is all that matters, intra day is random, or against us, in any case long term trends are absolutely irrelevant day to day\xa0', '1cfipv0'], ['u/Dr-McLuvin', 20, '2024-04-29 02:05', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1psict/', 'I don’t think that includes dividends.', '1cfipv0'], ['u/First_Signature_5100', 51, '2024-04-29 02:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ptdbm/', 'Someone has to pick the stocks for an index to work lol', '1cfipv0'], ['u/Krakatoast', 25, '2024-04-29 02:14', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pts3z/', 'Agreed\n\nThe US stock market “always goes up” but also look at geopolitical influence/power… that has also gone up for the U.S. for decades and decades… the market isn’t the underlying factor for the economy or wealth, imo it’s the other way around..\n\nIf the U.S. economy gets screwy or there’s a shift in geopolitical power (like how China wants to end western global dominance for example) our market probably won’t continue to “always go up forever and ever and ever.”', '1cfipv0'], ['u/snakesign', 123, '2024-04-29 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pun6c/', "We just need to do another war in Europe so we're the only remaining industrial nation that wasn't bombed to the stone age.", '1cfipv0'], ['u/BlindSquirrelCapital', 19, '2024-04-29 02:24', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pv8l9/', 'That was a large factor as well but we still needed the people in factories and other places to produce the goods and build the infrastructure. In fact we needed even more given that we increased our industrial capacity and other countries needed our exports.', '1cfipv0'], ['u/boboleponge', 20, '2024-04-29 02:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pvgbm/', 'RemindMe! 25 years.', '1cfipv0'], ['u/FordBagholder', 19, '2024-04-29 02:32', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pwb4j/', 'Have your IRA in NVDA bigger returns….', '1cfipv0'], ['u/ProgrammaticallyHip', 11, '2024-04-29 02:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1px39m/', 'Not for long. The word is out on the generous European welfare state, which is why millions of people are flooding in to get some of those sweet, sweet benefits. Good luck keeping those social programs when half your country is unskilled, marginally employable and not paying taxes.', '1cfipv0'], ['u/No_Detective_But_304', 75, '2024-04-29 02:38', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1px4hz/', "How ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\nThat’s when the wars start.", '1cfipv0'], ['u/HedgeFundCIO', 17, '2024-04-29 02:43', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pxuys/', 'Depends what one means by “work”. In many ways the market is already a bit distorted from all the indexed fund buys', '1cfipv0'], ['u/CouncilmanRickPrime', 84, '2024-04-29 02:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pycp7/', 'This is why you put your money in an S&P 500 ETF and keep adding money to it.', '1cfipv0'], ['u/Snoo_96430', 25, '2024-04-29 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyeqk/', 'Look Mr. polish person you better hope Americans keeps growing so we can continue to finance your defense budgets you are a part of the American empire we station troops in your country we might even start putting nukes their just lay back and relax.', '1cfipv0'], ['u/LegitosaurusRex', 12, '2024-04-29 02:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyg7q/', "How could you think this is the reason when VTI and VT keep going up for decades as well at basically the same rate? VTI has actually outperformed the S&P since 2001.\n\nfyi for /u/UnknownResearchChems who's right in the wrong way. S&P 500 is actually stock picking, which underperforms the market as a whole.", '1cfipv0'], ['u/CouncilmanRickPrime', 48, '2024-04-29 02:48', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyo71/', ">How ridiculous that Americans don't even consider there will be a day when USA doesn't grow anymore and index fund will tank with it?\n\nWe don't consider it because our billionaires own most of the stocks and run the government. If anything were to happen to the stock market, either the Fed will lower interest rates to save it or we will start a conflict.", '1cfipv0'], ['u/ProgrammaticallyHip', 11, '2024-04-29 02:51', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pyz35/', 'Many of the immigrants arriving today can’t even get jobs to start paying taxes because it’s impossible to secure a visa or a work permit because the system is overwhelmed by millions of people streaming in. Go to any large European or U.S. capital and you’ll see masses of people milling around with nothing to do.\n\nThe evidence on whether immigrants are a long-term negative or positive on tax revenues is mixed. They do generate tax revenue but they also require a lot of off-setting subsidized benefits.\n\nThe problem for European states is three-fold: These new arrivals are less skilled than older arrivals, they are coming in vastly greater numbers and many of the unskilled jobs they would normally take are being automated away. They can’t all do DoorDash or Uber. \n\nI’m all in favor of European social programs but the current situation is untenable. They will have to be cut.', '1cfipv0'], ['u/qroshan', 27, '2024-04-29 03:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q1tax/', "It's incredibly dumb to think it's international policy and Dollar that makes S&P grow that's just a populist opinion.\n\nHere's why American companies regularly beat the world.\n\n1. We attract the most talent in the world. The smartest people in the world are more likely working for an American company.\n\n2. We are actually very good at leveraging that talent. We pay them extremely well. Give them all the NVidia chips, allow them to freely work with other talented people. We let them take risks. We don't condemn failure. All this means is US companies always push the frontier. \n\nIt is extremely naive to think that every US innovation comes because of international policy\n\n3. Our idea dissemination and adoption is extremely quick. Look at how many Americans use chatGPT and good management practices. Compare this to any other country (good management practices and chatGPT penetration)\n\n4. GDP growth is always about increased productivity so that we can produce more from same amount of resources. What is productivity? Simply best ideas that has a chance to succeed in free market.", '1cfipv0'], ['u/arcanition', 16, '2024-04-29 03:22', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q3fpc/', 'Also the fact that inflation exists, especially in the US. That drives prices (and stock prices) higher in general.', '1cfipv0'], ['u/skwolf522', 11, '2024-04-29 03:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q5pjp/', 'Or a small country fonds oil.', '1cfipv0'], ['u/Hularuns', 10, '2024-04-29 03:53', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q7m65/', 'Agreed. XXXX it is.', '1cfipv0'], ['u/OkDimension', 14, '2024-04-29 03:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q8d4m/', 'Lets take up some loans and invest in the ever growing stock market!', '1cfipv0'], ['u/VisualMod', 10, '2024-04-29 03:59', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q8ebm/', "Taking up loans to invest in the stock market is a risky move. I'd watch from the sidelines or get in with only the amount of money I'd be able to lose.", '1cfipv0'], ['u/mechanicalcontrols', 36, '2024-04-29 04:04', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1q94fe/', "You do realize Poland is actually one of the few countries that meet or exceed NATO's 2% GDP defense spending standards? If you're gonna insult people at least be accurate about it.", '1cfipv0'], ['u/Appletreedude', 27, '2024-04-29 04:11', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qa5uj/', "Poland's stock market has no relative comparison to the US stock market. Poland's GDP is relatively the same as Pennsylvania's GDP.", '1cfipv0'], ['u/Appropriate_Ant_4629', 54, '2024-04-29 05:02', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qgucm/', '> That’s when the wars start.\n\nWhich is how the US pumps up its stock market higher. \n\nThe USD may not be backed in gold and silver, but it sure is backed by uranium and plutonium.', '1cfipv0'], ['u/erraticventures', 22, '2024-04-29 05:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qju4x/', "There is a reason why there is a massive propaganda push advocating for the US to become isolationist, targeting many of the same people it successfully targeted to convince them that the US election was fraudulent. These people are malleable, impulsive thinkers, with a distrust for experts and an unearned confidence in their own opinions. The biggest threat to US dominance (and honestly NATO/Democracy's dominance) is still countries like China, Saudi Arabia, and Russia... because these countries are trying their best to push domestic sentiments within the US towards the US consolidating focus to purely domestic involvement, which would hemorrhage global influence, power, and ultimately many of the frankly outlandish advantages that their position in the global power spectrum has afforded them the past several decades. And the scariest part is it's working. There is an alarmingly large demographic of folks in the US who don't trust experts or education, and it's a threat to us all.", '1cfipv0'], ['u/xave321', 10, '2024-04-29 05:33', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qkmlu/', 'I don’t know much about finance so forgive a dumb question, but aren’t stocks and derivatives two different things?', '1cfipv0'], ['u/Dustangelms', 14, '2024-04-29 05:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qljtf/', "Sir, this is Wendy's.", '1cfipv0'], ['u/mpwrd', 73, '2024-04-29 06:32', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qrih9/', 'Did r/wallstreetbets just become r/bogleheads?', '1cfipv0'], ['u/THICC_DICC_PRICC', 15, '2024-04-29 06:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qrs91/', 'Vanguard marketing department got nothing on this mfer', '1cfipv0'], ['u/Cautious-Raisin-1947', 15, '2024-04-29 07:45', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1qyzbp/', "Infrastructure improves long term economic growth. A wartime economy entirely focused on building weapons might temporarily boost growth but is ultimately a massive waste of finite resources. A single bomb can take out a multi billion dollar bridge that took years to build...\n\nThe Soviet Union imploded in 1991, about 2 years after the end of the decade long Soviet Afghan war. The US spent 2 decades in Afghanistan. According to Cost of War study by Brown university, post 9/11 wars cost US taxpayers $8 trillion. Only for the Taliban to take back Kabul in a single week.\n\nWe learned nothing from Vietnam and only doubled, tripled down on our mistakes, especially now with Ukraine and Israel. The US govt could have invested trillions into US tech, US businesses, US infrastructure... If we really wanted to we could create our own TSM instead we're a mostly bullshit service economy that consumes far more than it produces and living beyond our means on a credit card with a seemingly infinite line of credit... Yet now we're already struggling to keep up with just the interest...", '1cfipv0'], ['u/plagueski', 16, '2024-04-29 08:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1r4o2r/', 'lol I laughed at that. “Hey guys there’s this thing called DCA”… please, tell me more sir genius man', '1cfipv0'], ['u/Connect_Corgi8444', 26, '2024-04-29 08:58', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1r5dqi/', 'This is the best advice ever. listen to (or read) jl collins simple path to wealth. It literally tells you exactly what need to do to grow your money.', '1cfipv0'], ['u/lefthandedsnek', 51, '2024-04-29 11:19', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1rgiom/', 'intellectually i’ve understood what to do with my money perfectly. practically though, a different approach i’ve taken. \n\ni use the force', '1cfipv0'], ['u/CouncilmanRickPrime', 11, '2024-04-29 12:18', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1rlbwm/', 'No, in the next five minutes some regard will post a YOLO on a single stock.', '1cfipv0']]], ['u/danlbooney', '100% haircut to all crypto investments ', 18, '2024-04-29 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/', 'I saw on another site that The Depository Trust Company has assigned 100% haircut to cryptos effective April 30. Can anyone comment on what implications this might have for Bitcoin? \n', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/', '1cfjvil', [['u/Financial_Design_801', 58, '2024-04-29 01:11', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1pkpyx/', "this is in regards to acceptable collateral for using a line of credit to settle trades with the DTCC. many other securities have 100% haircut for this particular LOC facility (including any stock priced below $5), and the vast majority of trades settle DvP not with an LOC.\n\nthe ability to use crypto ETFs for lending and collateral with brokerages is unaffected by this and remains dependent on the broker's risk tolerance.\n\ntl;dr: nothing to see here but uninformed doom-posting\n\nhttps://twitter.com/zeroxkeegan/status/1784015234329616727?s=46&t=ihVglVXC0BQSbw6j57EoaA", '1cfjvil'], ['u/danlbooney', 13, '2024-04-29 01:15', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1plckb/', 'Thanks for clearing that up.', '1cfjvil'], ['u/johannesonlysilly', 20, '2024-04-29 02:29', 'https://www.reddit.com/r/Bitcoin/comments/1cfjvil/100_haircut_to_all_crypto_investments/l1pvyl6/', 'tl;dr get a free hair cut with every bitcoin. Also this is very important. /s', '1cfjvil']]], ['u/TinglingTongue', 'Safe enough?', 17, '2024-04-29 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/', "I'll start by saying I've got no experience with crypto, markets and crypto wallets.\n\nI want to buy some things with crypto and I understand Monero is the safest to use. After reading a bit about it, I understand I've got to get Bitcoin (or smtn else) first, then exchange it to Monero. Now this Bitcoin is bought with my credit card, which is linked to me, of course. \n\nIf I get Bitcoin into a crypto wallet with my credit card, then transfer that bitcoin to another wallet, which is on another laptop used just with TAILS in which the Bitcoin will be exchanged for Monero, and then from that second wallet I pay the market, is that still traceable to me or was my trace lost when I transferred the Bitcoin to the second wallet?\n\nIs this safe enough, am I going too far or not far enough?", 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/', '1cfl3b5', [['u/bojangleshorseradish', 28, '2024-04-29 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1psllr/', 'Whatcha buying there, buddy?', '1cfl3b5'], ['u/TinglingTongue', 41, '2024-04-29 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1ptb0j/', "I'm buying weights to train at home, and I don't want all the women to find out where I live and swarm my place knowing I'm getting fit as fuck LMAO", '1cfl3b5'], ['u/nick_117', 10, '2024-04-29 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1pustz/', 'You can buy monero for cash directly on localmonero.co. the coins go through escrow so if there is an issue the admins can help you. If you want to pay a mark up you can find sellers who accept zelle.', '1cfl3b5'], ['u/WhyYesIAmADog', 22, '2024-04-29 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1pviqu/', 'Tell them you are into crypto, problem fixed', '1cfl3b5'], ['u/MoneroFox', 243, '2024-04-29 10:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cfl3b5/safe_enough/l1rb5u7/', 'Just buy Monero and ignore other coins.\n\nIf you do not have the opportunity to buy Monero directly, then buy some other coin that is not as popular (and closely monitored) as BTC and does not have such high transaction fees. For example BCH. Then exchange it for Monero.\n\nMonero is the best, but it is not omnipotent.\n\nIf you buy 1 XMR at the exchange and then you send it directly somewhere, expect problems. Protect yourself. Have your own wallet full of coins and pay whenever you need. Once in a while, make a new wallet and empty and delete the old one. Buy coins only occasionally, randomly and always elsewhere, most of your data goes directly to Chainalysis (or similar companies).', '1cfl3b5']]], ['u/Smooth_Pianist485', 'What if the US Bans self-custody?', 47, '2024-04-29 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/', 'Or bans the use of hardware wallets?\n\nI’m a huge Bitcoin bull, but I am concerned because I DO think the us government is dumb enough to resort to something like this.\n\nIs this a real threat to American Bitcoin hodlers?', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/', '1cfmean', [['u/M4gnificent_Ret4rd', 10, '2024-04-29 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q1wed/', 'Is this something people are talking about?', '1cfmean'], ['u/irisuniverse', 102, '2024-04-29 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q2dd8/', 'They’d have to ban free speech. A wallet is nothing more than a string of words. Are they going to ban words?', '1cfmean'], ['u/Strict_Ad8279', 11, '2024-04-29 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q2xhb/', 'you’re really underestimating the reach of the current global hegemon', '1cfmean'], ['u/iratezero', 15, '2024-04-29 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q4e97/', "I haven't heard about any plans to ban self-custody, but they did do it with gold from 1933 until 1974.", '1cfmean'], ['u/Beginning-Flan-3657', 15, '2024-04-29 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q4zv0/', 'Yea they will', '1cfmean'], ['u/Corbimos', 60, '2024-04-29 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q51p3/', "You can't ban Bitcoin. It is designed and built to resist any form of censorship or ban. \n\nYou can ban yourself from Bitcoin. That is what the US would do. They'd take themselves out of the equation and miss out on the greatest financial revolution known to man. It would put other countries in the position to innovate and would ensure the US' demise in the long run.", '1cfmean'], ['u/daishi55', 12, '2024-04-29 03:38', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q5jhx/', 'So is malware', '1cfmean'], ['u/Affectionate-Bread84', 148, '2024-04-29 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q5z0x/', 'Like when they banned gold and gave everyone a piece of paper?', '1cfmean'], ['u/Individual2020', 11, '2024-04-29 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q62t7/', 'The problem with that is self-custody is an important pillar of BTC’s perceived value.', '1cfmean'], ['u/Smooth_Pianist485', 10, '2024-04-29 03:44', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q6d3f/', 'I agree about bitcoin’s superior anti-fragility and that even if some sort of “ban” did manifest it would not kill Bitcoin or last forever.', '1cfmean'], ['u/AxionDemo', 101, '2024-04-29 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q8vpp/', 'You can ban whatever the hell you imagine, enforcing it is a whole other issue.', '1cfmean'], ['u/cryptokid2140', 19, '2024-04-29 04:03', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q8y4b/', "it is not impossible, but the difference between banning self-custody of gold (i.e executive order 1601) and self-custody of bitcoin, is that when you ban bitcoin, you don't get to seize the bitcoin. and they know this.\n\nyou'll have a lot of simultaneous boating accidents as the bitcoin leaves the country in the brains of its holders", '1cfmean'], ['u/whisper_of_smoke', 32, '2024-04-29 04:08', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1q9pp1/', 'then i become a criminal and at some point of my choosing leave this communist craphole behind for a jurisdiction that embraces bitcoin.', '1cfmean'], ['u/nick_117', 19, '2024-04-29 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qc922/', "They can't / won't. We already played this game once before when the government attempted to outlaw encryption algorithms under an arms export law.\n\nIn the end it was ruled that source code is a protected form of speech under the 1st amendment. Outlawing self custody won't happen because wallets are just source code that you are allowed to run on your own machine. The code breaks no laws and thus is legal to run. They would have to show the code is somehow extremely dangerous to the public (yelling fire in a movie theater is the example usually given for overriding the 1st amendment) to justify banning. \n\nThey could probably change the laws around taxing and reporting requirements when using self custody but couldn't outright ban it.", '1cfmean'], ['u/nick_117', 26, '2024-04-29 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qd6xj/', "This is the correct take but there are more protections than you stated. \n\nThe government already tried this once before when they attempted to ban certain encryption algorithms under an arms export law. In Bernstein v. United States the court rules that source code is a form of expression protected by the 1st amendment. That case didn't go all the way to the supreme Court because the government chose to drop it's claim, so for the time being it stands.\n\nThat isn't to say the current bat shit insane court couldn't find a way where source code isn't protected under the 1st amendment, but the current administration and Congress will have to do a lot of work and be going against precedent if they try.", '1cfmean'], ['u/Zajebann', 19, '2024-04-29 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qdkm8/', 'They are banning free speech.. look whats happening on campuses across usa..', '1cfmean'], ['u/Beginning-Flan-3657', 20, '2024-04-29 05:05', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qh6fe/', 'They didnt come knocking on doors for gold, they asked if you’d turn it in and many people did for the good of the country and many people didn’t', '1cfmean'], ['u/Ok-Tooth-4994', 15, '2024-04-29 05:48', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qmfe6/', 'I’ve heard this described as “The First Crypto War.” \n\nAnd the period we’re in now is The Second Crypto War. \n\nThe history of humans is the transmission and recording of ideas. Exchanging information with perfect encryption means the upper hand. 🤚 \n\nWe have a right to privacy.', '1cfmean'], ['u/Tropic_Tsunder', 20, '2024-04-29 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qnvbx/', 'calling in a bomb threat is just a string of words. Im not saying they are comparable, just that the government has much more reach than we give them credit for.', '1cfmean'], ['u/SpiritedBuilder3', 61, '2024-04-29 06:57', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qu82j/', 'Yep. They asked nicely. Would you please turn in your gold? It’s not like Roosevelt issued a presidential executive order or anything. People went to jail you fucking dimwit.', '1cfmean'], ['u/TravelFn', 19, '2024-04-29 07:04', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1quwjj/', 'They published a list of prominent gold holders who refused to turn in their gold. They blamed them for the nations economic problems and basically incited violence against them.', '1cfmean'], ['u/SpiritedBuilder3', 26, '2024-04-29 07:10', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qvi7u/', "I’m not going to enumerate the civil prosecutions. From Wikipedia:\n\nNumerous individuals and companies were prosecuted related to Roosevelt's Executive Order 6102. The prosecutions took place under the subsequent Executive Orders 6111,[10] 6260,[11] 6261[12] and the Gold Reserve Act of 1934.", '1cfmean'], ['u/Rieux_n_Tarrou', 22, '2024-04-29 07:53', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1qzpl7/', 'Uh-oh... He just busted out some sauce, u/Beginning-Flan-3657\n\nAre you gonna bust out your sauce or do you concede defeat in this debate titled "The Golden Age of Asking Politely to Debase Your Economy"', '1cfmean'], ['u/Major-Front', 32, '2024-04-29 08:59', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1r5i98/', 'Like when they banned drugs and alcohol and everyone became straight edge', '1cfmean'], ['u/Pretend-Hippo-8659', 13, '2024-04-29 09:49', 'https://www.reddit.com/r/Bitcoin/comments/1cfmean/what_if_the_us_bans_selfcustody/l1r9h3i/', 'Great argument. “Trust me bro, I’m an expert.”\n\nI hAvE StUdIeD tHiS!', '1cfmean']]], ['u/JDdoge23', 'Consider This', 21, '2024-04-29 03:24', 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/', "When Aero pumped from about $1.30 to $1.80 in a single day bitcoin was at nearly 70k, so when Bitcoin goes back up to 70k I'm sure Aero will follow, as recently when Bitcoin has gone up, so has Aero, and when it's gone down so has Aero. ", 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/', '1cfmskr', [['u/rocky0502', 12, '2024-04-29 03:48', 'https://www.reddit.com/r/AerodromeFinance/comments/1cfmskr/consider_this/l1q6vuz/', 'I got faith in aero for the long run but the hype has definitely died down in the last couple of weeks', '1cfmskr']]], ['u/TinglingTongue', 'Safe enough?', 12, '2024-04-29 04:22', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/', "I'll start by saying I've got no experience with crypto, markets and crypto wallets.\n\nI want to buy some things with crypto and I understand Monero is the safest to use. After reading a bit about it, I understand I've got to get Bitcoin (or smtn else) first, then exchange it to Monero. Now this Bitcoin is bought with my credit card, which is linked to me, of course.\n\nIf I get Bitcoin into a crypto wallet with my credit card, then transfer that bitcoin to another wallet, which is on another laptop used just with TAILS in which the Bitcoin will be exchanged for Monero, and then from that second wallet I pay the market, is that still traceable to me or was my trace lost when I transferred the Bitcoin to the second wallet?\n\nIs this safe enough, am I going too far or not far enough?", 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/', '1cfnywu', [['u/Temporary-Crab1340', 12, '2024-04-29 06:00', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qnuic/', 'acquire some lite coin then send that to your cake wallet , from cake wallet you will exchange for Monero into your cake wallet Monero address , once you have your Monero in cake you will transfer to your prefer market and done . Just make sure the market link is confirmed', '1cfnywu'], ['u/2sec31', 11, '2024-04-29 06:50', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qtj2o/', 'Buy monero on LocalMonero. Btc is transparent like a regular bank transfer lol', '1cfnywu'], ['u/bluetoothsmurf', 14, '2024-04-29 07:19', 'https://www.reddit.com/r/onions/comments/1cfnywu/safe_enough/l1qwgpl/', 'Lite coin fees are dummy cheap compared to btc.', '1cfnywu']]], ['u/Tricky-Cream4267', 'Most haunted places in Marin', 10, '2024-04-29 05:50', 'https://www.reddit.com/r/Marin/comments/1cfplpa/most_haunted_places_in_marin/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['MicroStrategy(NASDAQ: MSTR)Q1 2024 Earnings CallApr 29, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nShirish Jajodia\nHello, everyone, and good afternoon. I am Shirish Jajodia, vice president of investor relations and treasury at MicroStrategy I\'ll be your moderator for MicroStrategy\'s 2024 first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we provide during today\'s call regarding our future expectations, plans, and prospects may constitute forward-looking statements.\nActual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-K file with the SEC. We assume no obligation to update these forward-looking statements which speak only as of today. Also, during today\'s call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 22, 2024\nI would like to welcome you all to today\'s webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar and Michael, Phong, or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company\'s name when submitting your questions. Now, I\'ll walk you through the agenda for today\'s call.\nFirst, Phong Le will cover the business results and the key pillars of our strategy. Second, Andrew Kang will cover the financial results for the first quarter of 2024. Then, Michael Saylor will provide a strategic review and discuss our recent bitcoin market updates. And lastly, we will open up to Q&A.\nWith that, I will turn the call over to Phong Le, president and CEO of MicroStrategy.\nPhong Le--President and Chief Executive Officer\nThanks, Shirish. Hello, everyone. I\'d like to welcome all of you to today\'s webinar. We\'re excited to be reporting live from MicroStrategy World 2024 in Las Vegas, Nevada.\nWe have a packed agenda lined up for the next three days, and we\'re excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. The business intelligence track tomorrow will feature my keynote presentation titled, "Let the Data Life Blood Flow," and we\'ll explore how to create more innovative, competitive, high-performing organizations by using AI and BI to make smart data more accessible to the frontline employees. Our chief product officer, Saurabh Abhyankar, will share the latest MicroStrategy technologies for delivering convenient, flexible, and reliable data within operational workflows, not just in dashboards, to everyone who needs it. The keynote presentation will feature guest speakers from Microsoft, Amazon Web Services, Bayer Pharmaceuticals, the U.S.\nDepartment of State, and Vuori. Throughout MicroStrategy World, more than 30 top brands, including MassMutual, Pfizer, Fannie Mae, Victoria\'s Secret, and NBC Universal, will present how they use the MicroStrategy platform, gen AI, and the cloud to become truly data-driven businesses. The Bitcoin for Corporations track on Wednesday and Thursday will feature notable institutions and industry luminaries, highlighting the advantages of integrating bitcoin as a part of their corporate treasury and product offerings. It will be a unique gathering of corporations that are already adopting or looking to adopt bitcoin strategies.\nAnd we are very excited to host this event. Also, for the first time, we will live stream our world keynote, as well as all the Bitcoin for Corporation sessions. For those of you attending the conference here in Las Vegas, we look forward to seeing you in person. Turning to the business highlights for Q1 2024, MicroStrategy remains the largest corporate holder of bitcoin in the world, now holding 214,400 bitcoin, with a total bitcoin market value of $14 billion as of yesterday.\nSince December 31st, 2023, we acquired an additional 25,250 bitcoin for a total purchase cost of $1.6 billion, an average price of $65,232. This past quarter, the price of bitcoin appreciated significantly, spurred notably by the approval of the spot bitcoin exchange-traded products or ETPs, which has drawn considerable institutional attention. We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our bitcoin strategy with a long-term focus.\nAndrew will provide further details on our bitcoin purchase activity for this quarter. MicroStrategy is also positioned as the world\'s largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,800 employees focused on our software business, devoted to achieving our vision of intelligence everywhere.\nIn the first quarter of 2024, we continue to shift toward -- we continued our shift toward our cloud offering, resulting in subscription services revenues of $23 million, an increase of 22% year over year. A strong growth in our subscription services revenue was driven by both existing customer migrations to the cloud and new customer needs. Our customer renewal rate continues to remain high, and our subscription billing has remained strong. Overall, we continue to see further global adoption of our cloud platform as a result of transitioning our business strategy and product offerings from an on-prem perpetual license software company to a cloud native organization.\nOur key strategic goals in 2024 are to grow cloud, innovate with AI, and increase profitability. Customers can benefit from a range of innovative first-to-market AI powered functionality powered by the Azure OpenAI LLM. Capabilities include: Auto SQL, which allows users to generate SQL using natural language; Auto Dashboard, which allows natural language generation and new visualizations; Auto Answers, which allows customers to ask questions of their data sets and dashboards; Auto Expert, which allows users to ask questions of our MicroStrategy knowledge base and log support tickets on our website; and our Custom Auto Bot, which enables end users to access BI insights from within a custom bot, stand-alone, or embedded in any application. We also just launched Auto Express, which offers a simple way to trial our AI capabilities in minutes.\nIn April, MicroStrategy ONE became available on Google Cloud marketplace, in addition to prior deployments on Azure and AWS, allowing enterprises to easily find and deploy this cloud-native platform. Additionally, we expect to provide the ability to deploy MicroStrategy in a private cloud later this year. This will distinguish us from other BI platforms with the flexibility and automation that enterprise customers desire. We believe such investment and capability will encourage current on-prem customers to embrace the benefits of MicroStrategy, clouds such as containerized architecture, proactive cloud management from experts, seamless backups, and single-click updates.\nTransitioning our customer base to the technology of the future remains a key focus, and our resource deployment underscores our commitment to the cloud-first approach. As customers and prospects move to the cloud to empower their AI-driven digital transformations, we expect to see a continued decrease in product license revenues, which will in part be offset by increases in subscription services revenues. This will be most pronounced in the balance of 2024. This may result in a decrease in total recognized revenue in the short term.\nBut in the long run, we expect it to be more than offset by increases in subscription services revenue. Additional benefits include more engaged customers using our very latest software, higher retention rates, and ultimately more recurring revenues. As we discussed last quarter, MicroStrategy considers itself to be the world\'s first bitcoin development company. We are a publicly traded operating company committed to the continued development of the bitcoin network through our activities in the financial markets, advocacy, and technology innovation.\nAs an operating business, we are able to use cash flows, as well as proceeds from equity and debt financing, to accumulate bitcoin, which serves as our primary treasury reserve asset. We also bring our enterprise analytics software development capabilities to develop bitcoin applications. We believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique opportunity for value creation. Being an operating company, our software technology business remains our core revenue and cash flow generator.\nIn addition, it also enables us to acquire bitcoin through the use of excess cash or proceeds from equity capital raises or corporate debt capital raises. These capital market levers allow us to deploy intelligent leverage to increase our Bitcoin holdings in a manner which we believe has created shareholder value. Since our adoption of our Bitcoin strategy, we\'ve used three primary mechanisms to acquire more Bitcoin. Cash flows from software operations.\nSince 2020 we\'ve invested $825 million of total cash on our balance sheet. Equity issuances. We\'ve issued $3.2 billion in equity in a manner that we believe to be creative to existing shareholders. Debt financing.\nWe\'ve issued $3.6 billion in debt through the issuance of both senior secured notes and convertible notes. We\'ve used the proceeds from these issuances principally to purchase bitcoin. The blended cost of our outstanding debt is fixed at 1.3% annually. In the first quarter of 2024, we generated approximately $7.2 billion of incremental value from the effect of increases in the price of bitcoin on our existing bitcoin holdings, as well as our strategic use of equity and debt capital market activities.\nWe began the year with 189,150 bitcoin holdings with a market value of approximately $8 billion. As bitcoin prices increased from $42,500 to $71,000 by the end of the first quarter, we experienced an increase of $5.4 billion in value based on our bitcoin holdings at the start of the year. In addition to the incremental value from the price appreciation of the bitcoin we held as of the beginning of the year, we purchased an additional $1.6 billion of bitcoin in the first quarter using proceeds from the issuance of additional equity and two convertible senior note offerings, as well as excess cash from operations. As a result, we added an additional 25,128 bitcoin to our holdings, an average price of roughly $65,200, which generated an incremental approximately $145 million of value from the increase in the price of bitcoin after those purchases were made through the end of the first quarter.\nOverall, 2024 started off as a tremendously successful year, taking into account our bitcoin purchases and appreciation of our bitcoin holdings year to date. While the overall market benefited from the increase in bitcoin prices well, we believe our opportunistic use of leverage and excess cash to acquire bitcoin, as well as our capital market strategy, generated $1.8 billion of incremental shareholder value, demonstrating our track record of generating value for our shareholders. This slide shows an illustrative example of how intelligent leverage can be used to boost returns when bitcoin prices are increasing, the baseline returns of any long bitcoin strategy from spot bitcoin price appreciation. Bitcoin ETPs also benefit from this, offset by the management fees that are charged for those products.\nLeverage provides the opportunity to generate higher returns if the price increases. In this illustration, assuming bitcoin price reaches $250,000, keeping bitcoin count constant, spot bitcoin without leverage would return approximately 290%. In this example, adding leverage to acquire more bitcoin would return between approximately 395% to 425%, depending on the amount of leverage, further boosting returns compared to simply holding spot bitcoin. If the market value of our bitcoin increases, we believe this would create more opportunities to manage our leverage targets.\nWith the opportunity to take on more leverage in a prudent risk-managed fashion, the value generated from our increasing bitcoin holdings would be expected to outperform even further if bitcoin prices continue to rise. We believe our unique value proposition as the world\'s first bitcoin development company has enabled us to generate tremendous value for our shareholders. I\'ll now turn the call over to Andrew to discuss our financials for the quarter in further detail.\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nThank you, Phong. I\'ll start with first a recap of our software financial results. For the first quarter, total revenues were $115.2 million, which was down about 5% year over year. Consistent with prior recent quarters, the slight decline remains in part due to our ongoing shift of revenue from on-prem to cloud.\nQ1 on-prem product license revenues, which make up about 11% of total revenue, were about $12.9 million, which was down 26% year over year. As I mentioned in prior calls, we continue to transition our business to the cloud, and we fully anticipate lower product license revenues to continue as we migrate existing customers off on-prem licenses and bring them on to the cloud. More importantly, as Phong mentioned earlier, we continue to grow subscription services revenues, which reflects stronger, more durable recurring software revenue. In Q1 subscription services revenues, which now make up about 20% of total revenues or $23 million, which reflects an increase of 22% year over year.\nNon-GAP subscription billings, which represent new cloud bookings in the quarter, also grew by 30% in the first quarter to $17.7 million, which was our fourth straight year of quarterly double-digit growth in cloud bookings. Q4 last year was an important milestone for us in the progress toward cloud transition, where, for the first time, our subscription services revenues were higher than our product license revenues. This successful trend continued in the first quarter of 2024, which reflects the ongoing progress toward converting our revenue to recurring subscription services. The mix of revenue will continue to shift from on-premise product license to subscription services throughout 2024 as we focus on delivering meaningful AI-based products to our customers, which is only available in the cloud.\nWe are pleased with the progress we have made from the adoption from our customers to our cloud platform worldwide, and we still have more to do, and we\'ll continue to focus on new products and innovation to drive more demand in that space. Beginning with the first quarter of 2024, we modified our report of financials to break out our quarterly results into two categories. First, the software business category reflects income or loss from operations related distinctly to our enterprise BI software business. And the corporate and other category reflects the other nonsoftware related components associated with our digital asset holdings, which include impairment charges and other related third-party costs.\nWhile we continue to operate under one reportable operating segment, which is engaged in design, development, and sales of our software platform through licensing arrangements, cloud subscriptions, and related services, we believe this breakout of our operating results into these two categories provides better transparency with respect to the performance of our software business while isolating the impacts related to changes in bitcoin prices. In Q1, the software business revenues were $115 million, as mentioned a moment ago, while the cost of revenues were $30 million, up 7.4% compared to Q1 of last year. The increase in costs were in part due to higher cloud hosting, a result of higher usage by new and existing cloud subscription services customers. It was also attributed to costs associated with standing up an enhanced customer success function with an added focus on transitioning customers to our cloud platform in addition to servicing and managing our strong existing customer base.\nSoftware business operating expenses were $96.1 million, up 1.7% compared to $94.5 million in Q1 of last year. The increase was primarily due to higher G&A expenses this quarter, which was specifically related to an increase in employer-paid payroll taxes in connection with employee stock option exercises in the first quarter. However, overall operating expenses were also offset by lower costs in sales, marketing, and R&D, also consistent with recent quarters as we maintain strong discipline and expenses and we continue to optimize overall headcount. Noncash stock-based compensation expense was mostly flat year over year at $17.8 million for the quarter.\nAnd overall, non-GAAP adjusted operating income or profit from the software business category was $6.9 million. If you take into account the employer-paid payroll taxes related to stock option exercises in Q1, which were not material in prior periods, non-GAAP adjusted operating income from the core software business would have reflected $14.3 million for the first quarter, more appropriately reflecting the quarter\'s profitability for more software business. Lastly, the corporate and other operating expense category for the quarter is almost entirely attributable to bitcoin impairment charges, which are $192 million, compared to $20 million in Q1 of last year, the result of bitcoin price fluctuations throughout this past quarter. Turning to our bitcoin strategy more specifically, we had one of the most successful quarters of adding more bitcoin to our balance sheet as we acquired 25,128 bitcoins in the first quarter, our second largest single quarter increase in bitcoin holdings since Q4 2020.\nAdditionally, after the end of the first quarter, we purchased an additional 122 bitcoins using $8 million of excess cash. And as of April 26, 2024, the company held a total of 214,400 bitcoins acquired for an aggregate cost of $7.54 billion worth $35,180 per bitcoin. To break down the bitcoin acquisition activity year to date by entity, bitcoin acquired through proceeds from equity capital markets activities that occurred after the issuance of our senior secured notes are held at MacroStrategy, a wholly owned subsidiary of MicroStrategy. Year to date, we have added 2,652 bitcoins to MacroStrategy\'s holdings at an aggregate purchase price of $137 million using net proceeds from our at-the-market or ATM equity issuance programs in February.\nCurrently, we hold 175,721 unencumbered bitcoins, representing 82% of our total holdings, or $11.2 billion in current market value, which are held at MacroStrategy. These are all unrestricted and provide the option to potentially leverage this strategic asset in the future. Bitcoins acquired through proceeds from debt activities that occurred after the issuance of our senior secured notes, namely the two recent convertible note issuances in Q1, are held at MicroStrategy, the parent, and also serve as collateral securing our 2028 senior secured notes. Year to date, we have added 20,180 bitcoins to MicroStrategy\'s holdings at an aggregate purchase price of $1.4 billion using net proceeds from our two convertible node issuances in March.\nLastly, bitcoins purchased through excess cash from the software business are also held at MicroStrategy, the parent entity, and also collateralized our 2028 senior secured notes. Year to date, we have added 2,418 bitcoins to MicroStrategy\'s holdings at an aggregate purchase price of $136 million using proceeds from excess cash. As of April 26th, there are in total 38,679 bitcoins held at MicroStrategy or $2.4 billion in current market value. Our commitment to our bitcoin strategy remains unchanged and steadfast.\nAnd we plan to strategically and opportunistically buy more bitcoin as we have in every quarter since August of 2020 using excess cash from operations and proceeds from any capital markets activities. MicroStrategy remains the largest corporate holder of bitcoin in the world, and we remain committed to our bitcoin acquisition strategy with the utmost conviction, long-term focus, and with a strong risk-managed approach. As a bitcoin development company, the unique ability to access the capital markets and the positive impact from using intelligent leverage are illustrated on this slide. During the first quarter of 2024, our total bitcoin holdings increased by 13.3%.\nDuring the same period, our total basic share count, comprised of total basic class A shares outstanding and total basic class B shares outstanding, increased by only 4.6%. This is in part due to the deferred dilution impact of leveraging convertible debt and our opportunistic execution of these financings which has resulted in tremendous value creation for our shareholders. The difference between our bitcoin accretion and the shared dilution is representative of the yield we are able to generate for our shareholders as a bitcoin development company. Hypothetically, assuming all outstanding convertible notes are fully converted at their respective conversation prices, all outstanding options are fully exercised, and all restricted stock units and performance stock units fully vest, the fully diluted share count would have increased by only 4.8% during the first quarter.\nThus, the increase in our bitcoin holdings has outpaced the increase in our total share counts in Q1. Turning to Slide 15, bitcoin has significantly outperformed most other asset classes here today. As of March 31, 2024, the aggregate cost of our bitcoin purchases were $7.5 billion versus the carrying value of our bitcoin holdings of $5.1 billion. This is compared to the market value of our holdings of $15.2 billion based on the bitcoin prices of the last day of the quarter.\nCurrently, the market value of our bitcoin holdings is significantly above our average cost basis, which is equal to an average purchase price of approximately $35,200. The new accounting rule that was approved by the FASB last December requires companies holding digital assets, including bitcoin, to adopt fair value accounting treatment by Q1 of 2025. We fully plan to adopt the change by when the rule takes effect, and we are determining when the most appropriate time to do so would be. Now, turning to our capital markets activities.\nSince the inception of our bitcoin strategy, we have issued $3.6 billion of corporate debt through senior secured notes and convertible notes with a very attractive blended interest rate of approximately 1.3%, with staggered maturities over several years through March 2031. Leverage remains a key component of our active capital allocation strategy which when opportunistically deployed, enables us to add more bitcoin holdings at an attractive cost. Our two recent convertible note financings were both upsized and well-received by the market. We issued $800 million of convertible notes due March 2030 at an annual interest rate of 0.625% and a conversion premium of 42.5% to the closing price of our class A common stock on the pricing date, reflecting a conversion price of approximately $1,498 per share.\nThe following week, given the strong rally in MSTR stock price, we were able to access the market again in a follow-on offering and issued an additional $603.75 million of convertible notes due March 2031 at an annual interest rate of 0.875%, a conversion premium of 40% to the volume weighted average price of our class A common stock on the pricing date, and a conversion price of approximately $2,327 per share. The net proceeds from both convertible note issuances were used expeditiously to acquire additional bitcoin. In addition to raising debt, we continue to demonstrate a solid track record of issuing permanent equity in a manner that we believe is accretive to shareholders. Since the third quarter of 2021, we have raised a total of $3.2 billion in proceeds through our ATM offerings with an average price of approximately $464 per share across total equity raised.\nAs we have done in the past, we will continue to actively monitor the capital markets and carefully evaluate the most accretive use of the capital markets to drive incremental value for our shareholders. Debt financing helps us maintain healthy leverage relative to the market value of our bitcoin holdings, and raising equity helps us to deleverage our balance sheet when needed. The primary use of proceeds from our debt and equity capital activities to date have been to acquire additional bitcoin, which we have done in a manner we believe to be extremely accretive. Our overall capital allocation strategy continues to be focused on increasing our total bitcoin holdings while managing our debt very closely and prudently.\nLastly, as of the end of the first quarter, we grew unrestricted cash and cash equivalents on our balance sheet to $81.3 million, and we continue to maintain more than sufficient overall liquidity to manage our ongoing operating needs. The next slide illustrates our debt maturity profile. And as you can see, the nearest maturity is more than six quarters away and not until late 2025. While the 2025 convertible notes have been trading well in the market, as we have said previously, we continue to monitor the markets and evaluate liability management opportunities in order to manage our debt, as well as opportunities to raise additional financing in the future.\nThe management team has demonstrated a strong track record of disciplined approach to navigate through volatile times in the bitcoin market, and we believe we have established significant credibility to execute on our strategic goal of generating value for our shareholders. As Phong said earlier, we believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique value proposition for shareholder value creation when compared to other forms of exposure to bitcoin. Thank you for your time today and for your continued support of MicroStrategy. I\'ll now turn the call over to Michael for his remarks.\nMichael Saylor--Executive Chairman\nThank you, Andrew. And thank you for everybody for being with us here today. I\'d just like to add a few comments on our strategy and bitcoin in general, following up on the words of Phong and Andrew. I\'ll start with our performance scorecard.\nWe like to keep score every quarter and evaluate ourselves against all the relevant benchmarks. So, I think this slide is very instructive. What you can see here in a nutshell is all of the enterprise software companies that we compete against in the business intelligence business and their performance since we embarked on our bitcoin strategy in the summer of 2020. And you can see we\'re approximately 10x to 30x more in performance to any of those companies.\nYou can see all the Big Tech stocks over the last three and three quarters of years. The strongest one is Google. And, you know, we\'ve outperformed them anywhere by a factor of eight to 80, and we\'re very pleased with that. But of course, our primary strategy is a bitcoin strategy.\nAnd so, I think to understand why is MicroStrategy able to return 937% in a period when the S&P returned 52%, and I think we just have to start with the idea of what\'s the right treasury strategy or how do you capitalize the company. And you can see if you capitalize the company on bonds. Bonds have a negative 21% return over this timeframe. Bonds have a negative real yield.\nThey\'re not returning the cost of capital. The best surrogate for the cost of capital, I think, is the S&P index, the 52%. And so, if you were able to capitalize your company on the S&P index, you could maybe keep up with the cost of capital. What you can see here is that gold and silver don\'t really work.\nAs the money supply expands, the S&P index tracks it, and gold, silver, and bonds underperform. Nasdaq is pretty close statistically. Why is bitcoin better? Because micro-strategies performance is really based on bitcoin performance to start. And I think bitcoin illustrates a couple of principles.\nOne is digital is better than analog. Bitcoin is digital property and is digital. So, bitcoin is outperforming because it\'s digital and a world of digital transformation. I think the second thing it illustrates is a commodity is better than a security, and bitcoin is an asset without an issuer, which makes it a global asset.\nAnd a security will never be a global asset because security has an issuer and issuer is a company and a company has a nexus and a country and has an operation. So, bitcoin\'s performed well because it\'s digital, because it\'s a commodity. And the third thing this illustrates is that a scarcity is better than a commodity. So, the fact is bitcoin is a commodity, but it\'s hard-capped at 21 million.\nAnd gold is not hard-capped and silver is not hard-capped. So, commodities generally make very, very poor investments. The world has learned to invest in market baskets of securities, like the S&P index, but it would be the wrong lesson to say that, therefore, securities are better than commodities. Securities have their own risk factors.\nThe right lesson to take away is that something digital is better than something analog. Something scarce is better than something abundant. And something global is better than something local. Bitcoin represents all of those things.\nIn the last four years, it has emerged in the Western world as that global, digital, scarce commodity, i.e. digital property. Now, MicroStrategy, if it had just simply adopted bitcoin purely, perhaps, it would have had the same performance as bitcoin. But how do we actually outperform bitcoin? I think the key here is volatility is a benefit to us.\nAnd so we have harnessed volatility, and we\'ve also harnessed our unique ability to issue securities, such as convertible bonds. And the fact that we embrace securitization of bitcoin and we embrace the volatility of the asset class has given us the ability to raise capital, right? As you recall, we\'ve raised billions of dollars of equity capital and billions of dollars of debt capital. We wouldn\'t have been able to raise as much capital without volatility. And you could see with our convertible bonds, we managed to raise $3 billion at substantially less than 1% interest, really about 50 basis points, 0.5% interest.\nSo, MicroStrategy\'s performance is being driven by two things. First, we\'re raising $3 billion at 0.5% instead of paying a nonvolatile interest rate. Nonvolatile, you know, could be 8% to 10%. So, instead of paying 8% to 10% interest, we\'re paying 0.5%.\nSo, clearly, that\'s a big performance boost. And the second is, if we were nonvolatile and we didn\'t have an asset-rich strategy, we couldn\'t raise the 3 billion at all because a lot of times, senior debt would be capped at some EBITDA multiple of some sort. So, it would be -- we would have access to a small amount of capital at a high cost of capital. So, MicroStrategy has got a very low cost of capital and access to a lot of capital because of our particular strategy, but we\'re capitalizing on what clearly is the best capital asset, bitcoin, in the world over this period.\nAnd the combination of those two things is what catapulted us to that 937% performance. Let me go to the next slide now. I would say, this quarter, the first quarter of 2024, it\'s the end of the crypto childhood or the crypto cowboy era where you had had 15 years of lots of confusion, chaos, and jockeying of thousands and thousands of crypto assets. Well, bitcoin is the winner, and it is the one emergent institutional asset that has come out of that 15 years.\nBitcoin spot ETFs were approved in January of this quarter, and that was a very big milestone. And as we go into this next quarter, it\'s pretty clear that bitcoin is the only crypto asset that\'s going to be approved for sale in the form of a spot ETF in the United States. And so, bitcoin is very unique. It is the one crypto asset that has been embraced as an institutional asset.\nIt\'s the one crypto asset that a publicly traded company can hold on its balance sheet, can capitalize upon. It\'s the one crypto asset that Wall Street firms are going to be able to sell on a spot ETF basis. The entire modern institutional asset economy, the options market, the securities market, the money manager system, the institutional mutual funds, the institutional ETFs, they\'re all going to be centered around bitcoin as the digital property going forward. And so, while we\'re at the end of the beginning, you know, we\'re now, I would say, at the beginning of the middle.\nWe\'re at the beginning of the stage of rapid institutional adoption of digital property in the form of bitcoin. This chart shows that at the end of the first stage, bitcoin is a bit more than a $1 trillion asset. And from this stage forward, it won\'t really compete against other crypto assets. It will compete against gold, art, equities, real estate, bonds, you know, and other types of store of value money, in wealth creation, wealth preservation, you know, and the capital markets.\nAnd as you can see, if you look at this chart, you know, probably some number between 10% and 50% of all this wealth is really just pure capital. The use case is store of value. Many people buy equities, real estate, bonds, and arts, and other monetary instruments as a store of value, just like they buy gold as a store of value. Bitcoin, as digital property, is a store of value.\nBut it\'s the emergent high-performance, high-volatility, high-functionality, high-utility store value, and it\'s global. So we actually think that it\'s going to continue to grow from here. And this is kind of the second quarter of about a 40 quarter bitcoin gold rush where we are going to see bitcoin embraced by more and more banks, more and more money managers, more and more nations. You\'ll see more bitcoin ETFs in Hong Kong and Australia.\nYou\'ll see more derivative products and other types of related products built on top of it, or you\'ll see it built into more things. And so, the next decade we think is auspicious. We can go to the next slide. The halving just took place in a week ago, a couple of weeks ago and April 19, I guess, specifically.\nAnd when you consider the impact of the halving, it\'s pretty profound. First of all, it reminds us that bitcoin is a scarcity and not a digital commodity-only because bitcoin supply is asymptotically approaching $21 million. As of now, bitcoin has the highest stock flow ratio in the world, so it is the hardest investment asset in the world and the most scarce or certain. In the first quarter, about 2,600 bitcoin a day were acquired by the spot ETFs that were launched.\nAnd during that time frame, we had about 900 bitcoin per day sold by miners. But then following the halving on the 19th of April, we moved to 450 bitcoin a day available from natural sellers, the miners. This is pretty critical. And you can see, there is an imbalance between organic demand and organic supply.\nI don\'t think that the halving is priced in. I don\'t think that the market fully appreciates just how profound this is. But the chart on the right gives you a way to think of it, which is if a large investor, a sovereign wealth fund or a mega institutional investor, decided that they wanted to buy 450 bitcoin per day, and they were going to buy it at the market price of bitcoin every day for the next four years, assuming the price of bitcoin stayed constant at 60,000, they would have to invest $39.4 billion of capital. But if bitcoin\'s price moved up at a 100,000, it\'s a $65 billion commitment.\nAt a 150,000, it\'s a $98 billion commitment. And if the average price of bitcoin in that time frame is 250,000, that\'s the same as a $164 billion of capital being put into this network. So, the network was chopping along at 900 BTC a day before the halving. But after the halving, you just have a very reflexive protocol change that is going to remove 450 bitcoin a day for sale at any price for the next four years.\nAnd of course, there\'ll be another halving four years from now. They\'ll remove another 225 bitcoin a day from the supply, and there will be another halving four years after that to move another 112 bitcoin per day out of the supply. This is unique to bitcoin. You won\'t see it in any other commodity in the world.\nYou\'re not going to see it in any analog commodity because it\'s impossible. But you won\'t see it in any other digital commodity in the world because bitcoin is the winner. Bitcoin is going to be, in all likelihood, the only digital commodity that is made institutional grade by a spot ETF in the American capital markets. So, this is a profound insight, and we view this as being very bullish for the asset class.\nWe can go to the next slide. MicroStrategy\'s approach is the same as it has been. But I think we\'re getting a little bit better at it, and I think we\'re starting to understand our unique advantages as time goes on. We are a bitcoin development company in the same way that you might have a real estate development company.\nIf you are able to create or create a company and then take it public and then issue securities in that capital markets in order to buy and develop commercial real estate, you would have an advantage over private companies doing the same thing because public companies always have an advantage in financing. You would have the option to raise financing, not just from banks but also from the public capital markets. So, we are a public company and an operating company. And that gives us a flexible, you know, control or active control over our capital structure.\nAnd the second thing that we have is the ability to innovate with software development. And we\'ll be showing some innovations at our conference this week that we\'re very excited about. We\'re also unique because we can generate cash from operations. And as Phong and Andrew pointed out, we\'ve been able to invest $825,000 in cash to date in order to acquire bitcoin.\nAnd we\'re able to leverage the capital markets. And I think we take a very balanced view toward capital markets. When we think it\'s appropriate for us to issue equity or raise permanent equity capital via shelf registration, we do that. And we\'ve done that to raise $3.2 billion in equity capital.\nAnd when we think the markets are more supportive of us issuing debt or especially convertible debt, then we do that. As Andrew pointed out, this strategy was very accretive in Q1. And the effective difference between the accretion of bitcoin and the dilution of our share count was more than 8%. So, if we\'re able to generate an 8% yield in a single quarter, then we believe that\'s going to support a premium to our underlying net asset value going forward.\nAnd it\'s going to allow us to find more accretive capital markets opportunities in the future that we will avail ourselves of to the benefit of our shareholders. And so, in summary, bitcoin\'s crossed the chasm to institutional adoption. Bitcoin is unique and is being uniquely recognized as the one institutional crypto asset. And MicroStrategy has now developed a very balanced strategy of acquiring bitcoin with cash flows with equity, with debt.\nAnd we\'re providing a useful set of public securities, both equity, as well as options, as well as debt instruments, that institutional investors can use in order to tailor their portfolio as they invest, whether it\'s long or short or hedged in the macro economy and the crypto economy doing it on exchanges and in a way that\'s compliant with all of their operating charters. And that, in a nutshell, I think, explains the MicroStrategy value proposition and our opportunity going forward. And with that, I\'ll go ahead and pass the floor back to Shirish.\nShirish Jajodia\nThank you, Michael. Now, we will begin our Q&A\'s and the first question is for Phong. Can you elaborate on the company\'s new positioning as the bitcoin development company? And are there any new developments that you would like to highlight?\nPhong Le--President and Chief Executive Officer\nYeah. Thanks, Shirish. I guess we talked quite extensively during our prepared remarks about the bitcoin development company. I think, perhaps, the question is more specific about the development portion and whether we\'re doing any software development in the bitcoin area.\nFor those who are attending bitcoin for corporations on Wednesday, we\'ll have about a half day talking about the technology ecosystem associated with bitcoin. And we\'ll also share some new developments in an area of bitcoin security that we\'re working on. And I think people will be excited to see some of the things we\'re doing in that space. We continue to experiment and continue to advocate for bitcoin development.\nAnd so, there\'s more work going on in that area that we\'ll share in a couple of days.\nShirish Jajodia\nGreat. Thanks, Phong. Next question is for Michael. MicroStrategy\'s equity premium toward bitcoin holdings has expanded materially over the past few months.\nAnd despite the recent bitcoin pullback, the premium remains healthy? How do you think about the premium and what do you attribute this to?\nMichael Saylor--Executive Chairman\nI think that if we had no leverage and we generated no accretion, then we would start to look like a spot bitcoin ETF. But the fact -- if we have leverage, then the leverage will justify a premium. If the leverage was -- if we just had $1 billion of leverage and we were paying 10% interest, it would be a small premium. We would be basically levering a $1 billion at 10% interest that\'s yielding where bitcoin is appreciating at 40% or more.\nSo, there would be definitely a premium, but it would be the difference between the leverage and the yield of bitcoin or the depreciated bitcoin on a small amount of money on a $1 billion. But if we have more leverage and if the cost of the capital is lower, then that justifies a higher premium. So, when you get to $3 billion of converts and when the converts are 50 basis points, then you\'ve got more leverage and you\'ve got a lower cost to capital. So, I think that justifies a higher premium.\nWhen you\'re able to issue billions of dollars of equity at that premium, then that justifies in turn an even higher premium. And it also strengthens the capital structure, providing us with unpledged assets that we can use for future financings are used to leverage future corporate opportunities. And then, of course, when we\'re able to do convertible issuances and then convert it into bitcoin and capture, not just the premium upfront, but the benefits over the next six years of bitcoin appreciation, that justifies another premium. So, you could imagine if you could -- if you thought you could generate an 8% accretion per year, there\'s no reason why you couldn\'t justify a 100% or more premium in that asset value.\nIf you could generate, you know, an 8% accretion more often than once a year, if you could do it, you know, from quarter to quarter or every other quarter or do anything, consistently over time, then, it\'s quite possible to come to any number of different premium calculations. Ultimately, you know, the company\'s premium is a function of our ability to execute over a long period of time and also, you know, the market\'s view as to whether or not they appreciate that. And of course, that\'s a shifting sentiment, and there\'s uncertainty into the future. So, there will continue to be uncertainty about what the right premium ought to be.\nAnd I think that that\'s what makes the market.\nShirish Jajodia\nThank you, Michael. The next question is regarding Michael\'s 10b5-1 plan. Has the plan to exercise MicroStrategy stock options completed already? And can you please provide further color on the executed plan and the thought process behind the stock sales?\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nYeah, Shirish, let me take that one. So, I guess, first off, Michael\'s option exercises were planned and actually fully disclosed. I believe it was in our Q3 filing of last year. And as most know, as officers and directors of the company, we have to put in place a 10b5-1 plan, which discloses that upfront.\nThe plan was related to 400,000 options, which Michael received back in 2014 which were set to expire this April. So, you know, the sales were programmatic. Michael sold 5,000 shares on each trading day between Jan 2 and April 25 at market prices. And again, the sales were executed, you know, under the plan.\nIt was completed on the 25, as disclosed, and he does not have any additional 10b5-1 plan in place at the time. So, it\'s worth noting also, that, obviously, Michael still holds a significant ownership stake in the company. And I know there\'s been a lot of some questions and chatter around on the sales, but it\'s really as simple as they were put in place, disclosed, and programmatic to do so before his options expired.\nShirish Jajodia\nThanks, Andrew. We\'re coming to the end of the time. We\'ll take one last question here. This one is for Phong.\nCan you please elaborate on the progress of converting software clients to cloud from license and the AI-related partnerships?\nPhong Le--President and Chief Executive Officer\nYeah. So, you know, they\'re one and the same. A lot of our AI and cloud partnerships are with the large hyperscalers, especially Microsoft, AWS, and Google Cloud. We\'re being pretty aggressive working with our hyperscalers and our partners this year to get as many customers to cloud as possible.\nWe have some pretty ambitious plans. You\'ll note, and Andrew noted, that that does have a short-term impact of product license revenue because the product license revenue represents the incremental revenue of on-prem customers. And we\'re trying to -- as we move customers to cloud, you\'ll see that offset, overtime. So, moving fast using our partners.\nAI is only available in the cloud, so it\'s another impetus for customers to move to cloud. But it\'ll have some short-term disruption in our product license revenue and our total revenue. Many companies have gone through this transition. We\'re well-equipped to do the same, and I\'m excited about the prospects of what that means for us in the long-term.\nShirish Jajodia\nThank you, Phong. And thank you, everyone, for your questions. We received a lot of great questions, and we try to address in the prepared remarks and the Q&A afterwards. So, this concludes the Q&A portion of the webinar today.\nI will now turn the call over to Phong for the final closing remarks.\nPhong Le--President and Chief Executive Officer\nThanks, everyone. I really want to thank everyone for being with us today. We appreciate your support. We\'re also excited to host MicroStrategy World in Las Vegas over the next three days and looking forward to seeing customers, prospects, partners, analysts, and shareholders alike at this one-of-a-kind event.\nFor those who aren\'t able to be here in person, we\'re also live streaming our keynotes from MicroStrategy World, which starts at 9:30 a.m., Pacific time tomorrow, and the entirety of Bitcoin for Corporations. So, you\'ll be able to watch, both of those online. If you\'re not able to be here in person, you\'re invited to join. Get details at our website, www.microstrategy.com.\nWe\'re as enthusiastic as ever with both our enterprise software strategy as well as our bitcoin strategy. And we wish you a good quarter and look forward to seeing you all again in 12 weeks. Thank you all.\nDuration: 0 minutes\nShirish Jajodia\nPhong Le--President and Chief Executive Officer\nAndrew Kang--Senior Executive Vice President, Chief Financial Officer\nMichael Saylor--Executive Chairman\nMore MSTR analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company\'s SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has adisclosure policy.\nMicroStrategy (MSTR) Q1 2024 Earnings Ca Last 60 Days of Bitcoin's Closing Prices:* [62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-04-30 Financial & Commodity Data: - Gold Closing Price: $2291.40 - Crude Oil Closing Price: $81.93 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,249,108,692,525 - Hash Rate: 617535316.5382024 - Transaction Count: 498085.0 - Unique Addresses: 635509.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at the day ahead in U.S. and global markets from Mike Dolan Has the "Magnificent Seven" become the "Famous Five" or even "Fab Four"? With one eye on the major macro events of the week, Apple and Tesla's separation from this year's tech-infused stock market buoyancy and their underperformance against the other "Magnificent Seven" megacaps has become more pointed. Apple's stock was down almost 2% again ahead of Tuesday's bell after news that iPhone sales in China fell 24% year-on-year in the first six weeks of 2024 - as the U.S. giant faces increased competition from domestic rivals such as Huawei. And it has been a bad week already for Apple, which dropped 3% on Monday after the European Union fined it 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via curbs on its App Store. It was the iPhone maker's first ever penalty for breaching EU rules. Apple is now down almost 10% for the year to date - underperforming the Nasdaq 100 and S&P500 by about 16%. And even though it is still up 15% over the past 12 months, that's less than a third the gain of the Nasdaq 100. Tesla's stock woes are even deeper as it faces waning demand for electric vehicles and a price war, with its stock now down almost 25% for 2024. It dropped more than 7% on Monday alone after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. With artificial intelligence and related chipmaking the buzz of the year, Google-parent Alphabet has not fared much better - and is down almost 5% for the year. With even the equal-weighted S&P500 up 4% this year, the underperformance is notable. Exposure to China's stumbling economy, the geopolitical standoff between Washington and Beijing and this year U.S. elections may be common factors. China's mainland stocks edged higher on Tuesday after Chinese Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% on Tuesday, promising steps to transform the country's development model and defuse risks fuelled by bankrupt property developers and indebted cities. But with property and tech sector worries smouldering in the background, Hong Kong's Hang Seng were less impressed - sliding 2.6% and with its tech giants tumbling 4.3%. Details of Tuesday's National People's Congress plan showed China will boost defence spending by 7.2% this year, fuelling a military budget that has more than doubled under President Xi Jinping's 11 years in office as Beijing hardens its stance on Taiwan. Back on Wall St, politics was also top of mind on "Super Tuesday". Donald Trump won the North Dakota Republican presidential caucuses on Monday, according to projections, ahead of a slew of contests where he is expected to strengthen his grip on the party's presidential nomination. Trump, who has promised universal 10% import tariffs and bilateral trade tariffs of 60% on China's goods if elected, was handed a major victory on Monday as the U.S. Supreme Court barred states from disqualifying candidates under a constitutional provision involving insurrection. That reversed Colorado's exclusion of him from its ballot. Elsewhere, bitcoin's almost 60% charge higher this year seemed to stumble at the final hurdle on Tuesday as it balked at 2021's record high near $69,000 and turned tail. Microstrategy fell almost 9% after the bitcoin development company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. More broadly, S&P 500 and Nasdaq futures were in the red again after a dour start to the week. Advanced Micro Devices was off about 3% after a report that the chipmaker hit a U.S. government roadblock in its efforts to sell an AI chip tailored for the Chinese market. With Wednesday's congressional testimony from Federal Reserve chair Jerome Powell now firmly in view, U.S. Treasury yields were calm and the dollar index was steady. Key diary items that may provide direction to U.S. markets later on Tuesday: * U.S. Feb service sector surveys from ISM and S&P Global, Jan factory goods orders * Federal Reserve Vice Chair for Supervision Michael Barr speaks * U.S. Treasury auctions 3-, 6-month bills * U.S. corp earnings: Target, Crowdstrike, Greenlight Capital, Ross Stores (By Mike Dolan, editing by Ed Osmond, [email protected])... - Reddit Posts (Sample): [['u/General_Station_2474', 'Most haunted places in Chula Vista?', 13, '2024-04-30 00:11', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=H20phUXfS-qK-3RmUq4Rpg', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '1cgc3kx', [['u/Da_Floydsta', 10, '2024-04-30 01:19', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1uzur7/', 'amphitheater at memorial park', '1cgc3kx'], ['u/Specific_Woodpecker1', 12, '2024-04-30 02:12', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1v7qdk/', 'whaley house in old town. or drive out to proctor valley road', '1cgc3kx']]], ['u/MoonWeek', 'Moon Week 48 and the return of governance flair icons', 11, '2024-04-30 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', "Hello everyone and welcome to Moon Week for round 48 of Moons! For more information about Moons, please [see our wiki page here](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki).\n\nWe are using Snapshot for voting directly with the Moon balance in your wallet, in a transparent and open manner. For now all Moons held in self-hosted wallets at the time of poll creation will be eligible to vote, so if you are holding Moons on an exchange, the telegram TipBot or in a wallet that you are not comfortable connecting to snapshot then please be sure to transfer your Moons to a self-hosted wallet that you are comfortable connecting to snapshot before each Moon Week. You can [see our schedule here](https://calendar.google.com/calendar/embed?src=i0e5as6q033nruqck5c9nfk24k%40group.calendar.google.com).\n\nTo give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. Please review the following important information first:\n\n* Successful polls are implemented whenever the responsible party has a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation. You can look at implementation status on [the CCIP list.](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n# Updates\n\n* Today we are [bringing back the governance flair icon](https://www.reddit.com/r/CryptoCurrency/comments/1cgcu3y/moons_update_the_return_of_governance_flair_icons/) for users who vote on polls. \n* 3 weeks ago, we [relaunched u/MOON2gas, our Moons gas bot](https://www.reddit.com/r/CryptoCurrencyMoons/comments/1c0x4hz/moons_update_the_return_of_the_gasbot_moon2gas/).\n\n\n# Governance Polls\n\nHere's your poll(s) for this round of Moons. You can view [the full CCIP list here](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n* [CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time](https://www.reddit.com/r/CryptoCurrency/comments/1cgc6lu/ccip086_proposal_to_abandon_marshall_islands/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87~~~~))\n\n\n# Previous Polls and results\n\n* Passed - [CCIP-083 - Clarify Rules for Sponsored Polls](https://www.reddit.com/r/CryptoCurrency/comments/1btbvij/ccip083_clarify_rules_for_sponsored_polls/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x05d69dd00591c4015ef8ddffb152038a6e5d6feed84728c58117a055129a1a1e))\n* Passed - [CCIP-084 - Clarify CCIP-069 and remove Sponsored Posts after six hours](https://www.reddit.com/r/CryptoCurrency/comments/1btc0os/ccip084_clarify_ccip069_and_remove_sponsored/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x20b940488fd6f91392d5592feb2def80ab7ccde1cf5cb1f9e79ece900f716733))\n* Passed - [CCIP-085 - Drop base pricing for both events and banners by 50%](https://www.reddit.com/r/CryptoCurrency/comments/1btdtbb/ccip085_drop_base_pricing_for_both_events_and/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0xfc443750e1351fa996461478f698a0682727849b29c17a251a5f4ef2bfaa630b))\n\nThank you for reading and happy voting!", 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', '1cgcwyi', [['u/GabeSter', 10, '2024-04-30 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/l1uuv0y/', "Let's test this. Just voted.", '1cgcwyi']]], ['u/cryptosniper88', 'Chef Curry is about to 10x[DEX ads live and huge caller in 2 hours]', 29, '2024-04-30 01:20', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', 'Chef Curry has so many big things on the way. We had a slight dip today but are already making a strong recovery. I could not be more bullish right now with Solana and bitcoin recovering it will draw more money into memecoins causing a pump. We also are currently running DEX ads and have an absolutely huge caller lined up. Don’t miss out while it’s still cheap!!', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', '1cgdr30', [['u/No_Butterfly4325', 12, '2024-04-30 01:22', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0bqz/', 'LFG what a fucking community, best coin this bull market', '1cgdr30'], ['u/ObjectiveOk8173', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0czn/', 'Yo this shit is addictive 😍', '1cgdr30'], ['u/Swoftz', 11, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0gwd/', 'Been in $chef since the beginning. Best goddam team and community by a long shot', '1cgdr30'], ['u/Excellent-Weekend841', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0h1x/', 'CHEF COOK WE EAT', '1cgdr30'], ['u/cryptosniper88', 12, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0hpv/', 'Yep seeing my money go up every single day in chef feels great!', '1cgdr30'], ['u/cryptosniper88', 11, '2024-04-30 01:24', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0iox/', 'Strongest community I’ve been in for sure', '1cgdr30']]], ['u/Rooksteady', 'CHINA WHY?', 122, '2024-04-30 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', "Pretty excited about all this btc stuff. Any takes on why China won't let mainlanders participate? Would it divert money from their stock market ? Is that why?", 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', '1cgdwhh', [['u/Glimmertwinsfan1962', 112, '2024-04-30 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1jee/', 'Loss of control. The government wants to control most aspects of their citizens lives. And that’s not limited to China.', '1cgdwhh'], ['u/Grunblau', 141, '2024-04-30 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1o8u/', 'They would rather their citizens buy gold and silver… Easier to confiscate when the time comes.', '1cgdwhh'], ['u/one_way_ticketz', 116, '2024-04-30 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v395d/', "It's an authoritarian regime.", '1cgdwhh'], ['u/Bongressman', 12, '2024-04-30 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v3vwa/', "Honk Konf retail can't either, only registered investors and institutions. Flows will be pretty small. US BTC ETFs do more volume than every Hong Kong ETF combined.\n\nThe ecosystem is pretty small.", '1cgdwhh'], ['u/R3dFiveStandingBye', 27, '2024-04-30 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v58zb/', 'China is like mostly real estate when I comes to wealth, it really props up the economy and has caused issues recently with too much buildings for too little people, im guessing it’s for control and not to divert any money from the real estate bubble they’ve created', '1cgdwhh'], ['u/Strokesite', 178, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mgn/', 'The wealthy in China are looking to offshore their wealth as much as possible. The government wants to prevent that.', '1cgdwhh'], ['u/jrafelson', 18, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mmd/', 'Cuz the whole no freedom thing', '1cgdwhh'], ['u/R3dFiveStandingBye', 15, '2024-04-30 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v6d8d/', 'If China moves away from their real estate, it would make the US recession in 2008 look like a joke. Also China banning Bitcoin was the best thing to ever happen to it, the US would never have adopted it when China controlled over 50% of the hashrate before 2021. Now the US is the hashrate king', '1cgdwhh'], ['u/Which-Variation-1965', 17, '2024-04-30 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v96x0/', 'China has banned BTC every year since it existed.', '1cgdwhh'], ['u/R3dFiveStandingBye', 10, '2024-04-30 02:32', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1vankm/', 'Seems like you haven’t done any research, get back to me when you do, but yes there are too much real estate that the vast majority can afford(they will never afford it) and entire ghost cities across China with no one living in them because there’s no one left to buy.', '1cgdwhh'], ['u/SuccotashComplete', 110, '2024-04-30 04:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1vt9uu/', 'My old roommate has family in HK and we spent a few hours talking about this. I think he was exaggerating but he said “basically every millionaire or billionaire wants to leave China, but the CCP will take most of their assets if they leave”\n\nGolden cage at its finest', '1cgdwhh'], ['u/andoesq', 56, '2024-04-30 06:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1w7qjy/', "CCP doesn't let them transfer fiat renminbi out of China in large sums. Like, they can't sell the house in Guangzhou for $1m, put that money in their bank, then wire it to their account in the US or Switzerland or wherever \n\nWhat seems to be the pattern is rich Chinese want to move out of China. So they find a lender in 1st world country, and borrow whatever million dollars to buy a house, then have to pay back the lender in China with way more RMB than they'd like. \n\nThen every time they visit China they bring as much valuables as they can, like the maximum duty free cash load or gold or whatever else .\n\nIf Bitcoin wasn't banned, every rich Chinese person would just exchange RMB for Bitcoin and sell it overseas for USD or Euros.\n\nWhich actually sounds like a pretty nice reason to have a digital currency....hmmmm", '1cgdwhh'], ['u/Cleftex', 12, '2024-04-30 07:41', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1wge4n/', 'Decentralized - digital currency is worse than cash if the government controls it', '1cgdwhh'], ['u/courtrye', 10, '2024-04-30 09:19', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1wp9rj/', 'Decentralization is in direct opposition to centralized control. A core value in Bitcoin is that it is decentralized if self custodied. This is why governments are more favorable towards the ETF, because it can be frozen and confiscated… because the user does not control the underlying asset, just the symbol, much like fiat paper is symbolic of underlying value, which used to be gold in many cases.', '1cgdwhh']]], ['u/Zunqivo', 'Armory Deck: Kayo - Decklist', 52, '2024-04-30 01:28', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/', 'Individual cards: https://fabrary.net/armory-deck-kayo\n\nMSRP: $40 USD\n\nAdditional information: https://fabtcg.com/products/booster-set/armory-deck-kayo/', 'https://fabrary.net/decks/01HWNCK2BYPVKK6701052YYXMZ', '1cgdx6o', [['u/Razorcrest999', 33, '2024-04-30 03:35', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vk99j/', 'Pretty disappointing that they didn’t throw in a beast within reprint or something to up the value, doesn’t feel worth 40 bucks', '1cgdx6o'], ['u/autumngirl86', 34, '2024-04-30 03:54', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vn696/', "Honestly, I'm kinda disappointed with this one. If I wanted to satiate my mild pique of curiosity in this class with a blitz deck level of precon design, I'd rather save the 10 bucks and just get two of the Kayo HH deck instead.\n\nHaving a full 80 and/or having a couple of quality reprints, like Reckless Swing or Beast Within, would have made this a more attractive product imo.\n\nHopefully, they don't give up on these and improve them over time. Great concept, not the greatest execution for a first run.", '1cgdx6o'], ['u/bluLoL', 23, '2024-04-30 03:56', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vnk0l/', "Literally no reason to get this over heading to TCGplayer. No bloodrush bellow? No swing big? Beast within? Like why waste your $40 ? Your gonna need it for just the minimum brute staples excluded, let alone Estrike CnC + Equips. This was a huge miss fir me I'm really disappointed in LSS on this.", '1cgdx6o'], ['u/Xhukari', 30, '2024-04-30 04:35', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1vtbc9/', "Same sentiment as with everyone else; bit disappointed. Of course it wouldn't be tournament-ready, but it barely feels Armoury-ready... Though aren't these newcomer focused? So I hope there's a robust rulebook included in the box. \n\nMost the value of the box feels to be in the Chest & Arms pieces. Savage Sash can definitely be instrumental in a powerful turn!", '1cgdx6o'], ['u/OptimistTCG', 16, '2024-04-30 05:30', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1w10we/', 'I agree with the price/value sentiment from everyone else. If this was even $10 cheaper it’d be easier to recommend. Many other games give more bang for your buck, if not in reprints then in useful accessories.\n\nThat said, I hope that new players aren’t driven away by negative sentiment from enfranchised players-or, if anything, maybe longtime players can build something better for the newbies at an affordable price. I hope it’s really fun to learn and play with, because there is something good to be said about the convenience of picking up a readymade product to learn the game. I also don’t think it’s a bad idea to provide a clear upgrade path to players…but those cards in a $40 product makes me think that LSS was considering the secondary market too much for a product like this.', '1cgdx6o'], ['u/JonnyBoy89', 10, '2024-04-30 05:30', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1w12cq/', 'I think as someone who plays regularly and spent quite a bit customizing my deck, this is not appealing. But coming into the game and having a CC ready deck with no effort is great. It opens the door. It’s meant to whet your appetite. I like it. It’s approachable without too many complicated cards, and for another $150 you could have a SOLID Kayo if that’s who you want to play. New armory deck coming later this year anyway. Good job LSS for easing entry to the game', '1cgdx6o'], ['u/acguy', 12, '2024-04-30 08:49', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1wmoi8/', "I wasn't expecting anything pricey but no Bloodrush Bellow feels very, very disappointing. It's an already cheap card that would be ideal for a beginner product - a core high-power play that would allow newbies to highroll a victory here and there even while they're still learning the ropes.", '1cgdx6o'], ['u/sugitime', 19, '2024-04-30 08:53', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1cgdx6o/armory_deck_kayo_decklist/l1wn181/', 'This deck is not armory ready… I don’t understand how LSS thought it would be? What armory are they going to? Does LSS think that everyone in armories buys a blitz precon and a box of the relevant set and calls that their deck?', '1cgdx6o']]], ['u/shika03', 'If you only had a $100 to invest, what would you put it in?', 30, '2024-04-30 01:44', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/', 'And why? Considering the current narratives are AI, RWA, gaming to an extent and memes of course, where would you choose to allocate your $100?\n\nMaybe some $SOL, or some $ICP, or would you just drop it into $BTC/$ETH and forget about it? I feel with that low of an amount it would have to be an alt for some good ROI.\n\nWhat would you do?', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/', '1cgea4j', [['u/DiscussionNecessary', 31, '2024-04-30 03:22', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vi9qi/', 'Sportsbetting', '1cgea4j'], ['u/Stockcap480', 12, '2024-04-30 04:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vouih/', 'CAW with Knife', '1cgea4j'], ['u/Portland_st', 45, '2024-04-30 04:07', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1vp73y/', 'I once turned a $5 free NBA promotional bet into $800 with a 12 pick single game parlay. \nImmediately cashing out and deleting the app was one of the best financial decisions of my life.', '1cgea4j'], ['u/PrincipleNo4162', 16, '2024-04-30 05:31', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w184n/', 'The gas tank.', '1cgea4j'], ['u/swoleder', 11, '2024-04-30 05:55', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w4bxq/', "There's almost no use for the tokens", '1cgea4j'], ['u/Frequency0298', 14, '2024-04-30 06:16', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w6x2d/', "you aren't supposed to do that! The poor casino... you were meant to dump it all back", '1cgea4j'], ['u/Jenn2895', 16, '2024-04-30 06:17', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1w7574/', "Chainlink. Or a biomedical stock I'm in.", '1cgea4j'], ['u/Mountain-Ad326', 56, '2024-04-30 06:44', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1waeyd/', 'A good bottle of Scotch whiskey', '1cgea4j'], ['u/Cr-ypto79', 14, '2024-04-30 10:05', 'https://www.reddit.com/r/CryptoMarkets/comments/1cgea4j/if_you_only_had_a_100_to_invest_what_would_you/l1wt0uy/', 'Buy Macallan 18y double cask, triple cask, sherry cask every year for 3 to 5 years and sell the collection', '1cgea4j']]], ['u/xBrodoFraggins', 'How many people are fully in Bitcoin?', 253, '2024-04-30 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/', 'The more I learn, the more it feels like if you truly believe in it, you should be just all-inning on Bitcoin. But even most pro Bitcoin articles and threads will often not push diversification. \n\nI was curious about some of your different philosophies. Obviously, different time horizons may require different asset allocation, but I was just kind of curious how many were 100% in, and if not, what kind of percentage are you into it, and why?', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/', '1cgfrwc', [['u/Cultural_Bit9176', 10, '2024-04-30 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vfevd/', 'I am 100% in Bitcoin with exception of all the other ship I own.', '1cgfrwc'], ['u/BrendanTFirefly', 35, '2024-04-30 03:08', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vg88a/', 'Nice try, IRS', '1cgfrwc'], ['u/marblemorning', 10, '2024-04-30 03:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vibuo/', 'This is the way to go. 1 dollar and 1 bitcoin.', '1cgfrwc'], ['u/Intrepid-Track135', 12, '2024-04-30 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vinni/', 'I allocate a percentage of my income into Bitcoin daily. I suppose I am committed.', '1cgfrwc'], ['u/coojw', 70, '2024-04-30 03:26', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vixg7/', 'It’s not politically correct to say go all in on btc publicly. Furthermore, most people don’t understand it well enough to maintain it without selling. They get emotional when it goes up or down. On top of all that, you can’t give financial advice or the sec might come after you. \n\nThis is why there’s a disconnect in what is said versus what people do. \n\nThe real answer is bitcoin is either going to zero or infinity against every other asset on earth. The only way it’s going to zero is if there’s some kind of catastrophic failure that can’t be easily fixed, or if the entirety of the Internet goes down.\n\nOutside of those scenarios, bitcoin is the world‘s first perfectly engineered money. It is lossless, trustless, decentralized, and has no insiders. Every other form of money we’ve ever had has had a leak, even gold has had a leak in value. Every year Gold adds roughly 2% more through mining to its totals, inflating its supply. Even though 2% isn’t much, gold is not finite like bitcoin is. Once bitcoin runs dry, everyone who’s been missing out will want some, and they won’t be able to get it. Especially the millionaire and billionaire class. There are more millionaires in billionaires than there are whole bitcoins to go around. So logic dictates if you get yourself a whole bitcoin before they do, you will be in the new 1% class.\n\nKeep studying bitcoin. Watch videos, listen to podcasts, interact with communities. Stay hungry for knowledge. The more you learn the more confident you will be in stacking your bitcoin and keeping it secure.', '1cgfrwc'], ['u/Seattleman1955', 119, '2024-04-30 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vjxci/', 'This isn\'t really just a Bitcoin question. It makes sense to have some diversification regardless of what asset class you are talking about.\n\nOn the other hand, given the general demographic and knowledge level of this Reddit group, you will find many who are "all in" but they may not have much wealth in the first place so it\'s easy (and maybe even logical) to be "all in".\n\nI think the best way to look at is, regardless of your age and wealth, how much makes you excessively stressed out when Bitcoin goes down? You should have a little less than that.', '1cgfrwc'], ['u/xBrodoFraggins', 14, '2024-04-30 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vk7wo/', "That's really good insight, thank you", '1cgfrwc'], ['u/ContactLonely3498', 12, '2024-04-30 03:38', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vkqyu/', 'I never tell people what I have. I made the mistake of telling my boyfriend a few days ago, and he told me I need to sell it. I learned very quickly to keep quiet about it.', '1cgfrwc'], ['u/xBrodoFraggins', 11, '2024-04-30 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vkyh2/', "Thank you very much for the insight. Pretty much in line with a lot of what I've been learning which really just makes me want more lol", '1cgfrwc'], ['u/coojw', 22, '2024-04-30 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vlbkk/', 'Here are some clips to give you a good solid foundational understanding of both bitcoin & money.\n\nClip 1: What bitcoin is, the problem it fixes, and why its the solution\xa0https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5\n\nClip 2: Why you never sell bitcoin.\xa0https://youtu.be/QXh_8uZQ-gA?si=nR5olDl1zNdv8s0s&t=373\n\nClip 3: The difference between "Currency" & "Money".. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series.\xa0https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH\n\nClip 4: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money backing (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency)\xa0https://www.youtube.com/watch?v=EJDqQn7WC1U\xa0(a\n\nClip 5: Inflation & hyper inflation - the end result of the use of Fiat currency\xa0https://www.youtube.com/watch?v=iNNUVEfoNmE\n\nThere\'s a lot of information here, and there\'s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don\'t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.', '1cgfrwc'], ['u/harambeonmynarwhal', 27, '2024-04-30 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vltgu/', 'Bitcoin is for 10+ year time horizon. Not for 1 year time horizon. Also, you gotta live somewhere. May as we’ll own your house.', '1cgfrwc'], ['u/Big_Garden8564', 170, '2024-04-30 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vn6zh/', 'My Bitcoin is all in a lake after my boating accident. 🤷🏻\u200d♂️', '1cgfrwc'], ['u/zorg621', 78, '2024-04-30 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vnom6/', 'I will go on record and say I own no Bitcoin, I never have, and I never will. \n\nMy full faith is in the dollar and the US financial system and I cannot be persuaded otherwise. \n\nLooks over shoulder nervously', '1cgfrwc'], ['u/Haunting-Student-756', 17, '2024-04-30 04:07', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vp42g/', 'Get a new boyfriend', '1cgfrwc'], ['u/Coeruleus_', 55, '2024-04-30 04:24', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vrpn8/', 'Took me 2 cycles to learn this. I’m 100% Bitcoin and this cycle is way more fun', '1cgfrwc'], ['u/platypuspuppyparty', 10, '2024-04-30 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vszhl/', "Every time prices skyrocket, I kick myself for not buying more. But when they crash, I'm glad my investments are spread out. Diversification really helps me keep a peace of mind. I'm all in on Bitcoin's potential, but thinking it's risk-free and pouring all your money into it is just reckless.", '1cgfrwc'], ['u/Redline65', 12, '2024-04-30 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vtkhq/', "I'm about 10% into bitcoin. I don't believe in putting all my eggs in one basket. I do a mix of large cap, mid cap, small cap funds as well as international funds. I try to diversify my investments.", '1cgfrwc'], ['u/GraphicCreator', 10, '2024-04-30 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vuwvp/', 'I have all my life savings in bitcoin ($56k)', '1cgfrwc'], ['u/tj78492', 26, '2024-04-30 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1vy0jj/', "I will say going all in simplifies life, but it only works if you truly believe in Bitcoin.\n\nNo fomo, no timing the market, just DCA every paycheck and wait for the world to catch up to your understanding.\n\nThe beauty in it is if you have enough now you're only going to have more in the future.\n\nYou start thinking about health, relationships and purpose and less about money. The seed is planted, time will do the rest.\n\nThis is what they stole from us.", '1cgfrwc'], ['u/harambeonmynarwhal', 17, '2024-04-30 05:22', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w00if/', 'Honestly, bitcoin is a hold until retirement asset', '1cgfrwc'], ['u/seviay', 30, '2024-04-30 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w34q3/', '$4k is a rounding error', '1cgfrwc'], ['u/seviay', 13, '2024-04-30 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w382t/', 'Damn, you too? 😕', '1cgfrwc'], ['u/Marcusnovus', 14, '2024-04-30 06:01', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w55zw/', 'Oh dear child. Just hodl', '1cgfrwc'], ['u/Marcusnovus', 14, '2024-04-30 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w5l6t/', 'Imagine all the coins that are sitting on the proverbial encrypted seafloor.', '1cgfrwc'], ['u/LionRivr', 18, '2024-04-30 06:35', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1w9byw/', 'Every middle-class working American should aim to build a portfolio with a 401k, a ROTH IRA, a decent savings, zero credit card debt, maybe some precious metals, bitcoin for sure, and real estate if possible.', '1cgfrwc'], ['u/Content-Station-1485', 30, '2024-04-30 06:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1wc129/', "I've been pondering the same thing lately. While I see the appeal of going all-in on Bitcoin for maximal gains, I also recognize the importance of diversification for risk management. \n \nPersonally, I've settled on a balanced approach that gives me exposure to Bitcoin's potential while spreading out my investments.", '1cgfrwc'], ['u/C-Class_hero_Satoru', 12, '2024-04-30 07:56', 'https://www.reddit.com/r/Bitcoin/comments/1cgfrwc/how_many_people_are_fully_in_bitcoin/l1whuan/', "According to statistics 7.8 million of bitcoins are lost, that's 37%", '1cgfrwc']]], ['u/the_ats', 'Hong Kong ETFs went live 9pm Apr 29 EST (9 am Apr 30 HK) 130k EOY?', 58, '2024-04-30 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/', "Awesome 32nd Birthday. \nMorgan Stanley is opening up its funds to BTC ETFs. \nHong Kong ETFs are now live. \n\n\nI'm inclined to believe that we are on path for a 140k EOY price Target with primarily Stock to Flow combined with now around the clock demand driving up the price. When NYSE and USA is asleep, Hong Kong is waking up. \n\n\nI know my Fibonacci fans look superfluous but I have a method to my madness. I extend from the cycle lows and project to next cycle lows, as well as from the first dip after trading actually occurred projected out to the last dip that aligns logarithmically. \n\n\nQ4 2024 (Before End of Year) shows either a breakout above 130k, or an invalidation of the Green projection which will need to be redrawn. In fact, if the price drops below $56k this week, $57 the week after, or $58k beyond that, we will need to reconsider the green trend. \n\n\nDouble dipper FIbber forecast. Totally Valid. Trust me bros.\n\n[EOY Convergence at New Years of Blue and Green Trends at $130k](https://preview.redd.it/qxcsi8xlpixc1.png?width=2812&format=png&auto=webp&s=19f5015fc5072ceb75b959c2d5baabd6e2d348ad)\n\n[Green trend from first true Baseline to last cycle Low after peak. Blue trend is from first major dip after first major peak to the second to Penultimate dip.](https://preview.redd.it/bxklgtdooixc1.png?width=2753&format=png&auto=webp&s=e17235bbf067ef73cb2a3ae476db5641d60ad6d3)\n\n", 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/', '1cggch4', [['u/Spkr4th3ded', 12, '2024-04-30 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1cggch4/hong_kong_etfs_went_live_9pm_apr_29_est_9_am_apr/l1vj60a/', "If it drops below it's because the wealthy are trying to shake out the newly purchased paper hands.", '1cggch4']]], ['u/SpecificSubreddit', 'Michael Saylor responding to the frequent premium question', 46, '2024-04-30 04:43', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/', "Shirish Jajodia\n\nGreat. Thanks, Phong. Next question is for Michael. MicroStrategy's equity premium toward bitcoin holdings has expanded materially over the past few months.\n\nAnd despite the recent bitcoin pullback, the premium remains healthy? How do you think about the premium and what do you attribute this to?\n\nMichael Saylor \\-- Executive Chairman\n\nI think that if we had no leverage and we generated no accretion, then we would start to look like a spot bitcoin ETF. But the fact -- if we have leverage, then the leverage will justify a premium. If the leverage was -- if we just had $1 billion of leverage and we were paying 10% interest, it would be a small premium. We would be basically levering a $1 billion at 10% interest that's yielding where bitcoin is appreciating at 40% or more.\n\nSo, there would be definitely a premium, but it would be the difference between the leverage and the yield of bitcoin or the depreciated bitcoin on a small amount of money on a $1 billion. But if we have more leverage and if the cost of the capital is lower, then that justifies a higher premium. So, when you get to $3 billion of converts and when the converts are 50 basis points, then you've got more leverage and you've got a lower cost to capital. So, I think that justifies a higher premium.\n\nWhen you're able to issue billions of dollars of equity at that premium, then that justifies in turn an even higher premium. And it also strengthens the capital structure, providing us with unpledged assets that we can use for future financings are used to leverage future corporate opportunities. And then, of course, when we're able to do convertible issuances and then convert it into bitcoin and capture, not just the premium upfront, but the benefits over the next six years of bitcoin appreciation, that justifies another premium. So, you could imagine if you could -- if you thought you could generate an 8% accretion per year, there's no reason why you couldn't justify a 100% or more premium in that asset value.\n\nIf you could generate, you know, an 8% accretion more often than once a year, if you could do it, you know, from quarter to quarter or every other quarter or do anything, consistently over time, then, it's quite possible to come to any number of different premium calculations. Ultimately, you know, the company's premium is a function of our ability to execute over a long period of time and also, you know, the market's view as to whether or not they appreciate that. And of course, that's a shifting sentiment, and there's uncertainty into the future. So, there will continue to be uncertainty about what the right premium ought to be.\n\nAnd I think that that's what makes the market.", 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/', '1cgi2ux', [['u/SpecificSubreddit', 10, '2024-04-30 04:45', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/l1vup5q/', "This is from the transcript of today's earnings call. There's also a slide from the slideset that addresses this with numbers.", '1cgi2ux'], ['u/RelevantPuns', 13, '2024-04-30 06:16', 'https://www.reddit.com/r/MSTR/comments/1cgi2ux/michael_saylor_responding_to_the_frequent_premium/l1w6z66/', 'Tempted to sticky this post…', '1cgi2ux']]], ['u/DrSpeckles', 'What if.. BTC 2.0', 73, '2024-04-30 04:51', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/', 'Here’s a thought. What if someone creates a new exact copy of bitcoin, exactly the same code, same problems, everything the butters love, only difference is that they restart the chain length back at block zero. \n\nAll of a sudden all those butters lamenting that they didn’t get in early can get in on the ground floor. Miners can mine again without huge investments, power drain etc. \n\nThe butters would just say “fork off”, it’s not the real thing, blah blah, but what’s the downside?\n\nWho’s with me?', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/', '1cgi84n', [['u/KevlarGorilla', 105, '2024-04-30 05:13', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vynu1/', "I think it's a mistake to include the same problems.\n\nI think we need to include more problems at the start. This is good for bitcoin.", '1cgi84n'], ['u/bobblydudely', 55, '2024-04-30 05:17', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vzb38/', 'This already exist.\xa0\n\nThat’s called a shitcoin. Same as bitcoin, but came after. Has absolutely no intrinsic value. The first few shitcoins were the identical to bitcoin. The newer ones need to have a twist to attract attention.\xa0\n\nBitcoin on the other hand is a safe store of value and has much utility. Not a shitcoin at all. It came first, so it’s tha best.\xa0', '1cgi84n'], ['u/freedomfriis', 17, '2024-04-30 05:20', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1vzok1/', "It's still shite. 💩", '1cgi84n'], ['u/bobblydudely', 17, '2024-04-30 05:22', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w003d/', 'Of course.\xa0\n\nIf your thing is identical to shit, it’s gonna be hard to prove it isn’t.\xa0\n\nBut something something blockchain, something something tokenization.\xa0', '1cgi84n'], ['u/CantankerousOctopus', 25, '2024-04-30 05:32', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w1a90/', "Ok, just spit balling here. What if the new Bitcoin allowed users to take up half the block in a single transaction so they can write memes to the chain? That's a new one, right?", '1cgi84n'], ['u/divergent-marsupial', 144, '2024-04-30 05:41', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w2ip9/', "I think a few million people have had this idea already. You know there are 9831 cryptocurrencies listed on [coinmarketcap.com](http://coinmarketcap.com) ? And that only counts the ones that have gotten some small amount of traction. Probably hundreds of thousands more have been created where the creator couldn't convince anyone else to care about it. Some of those coins are going to be exactly what you described, just an exact clone of bitcoin, but starting the blockchain 'fresh' to get the creator in on the ground floor.", '1cgi84n'], ['u/loquacious', 11, '2024-04-30 05:43', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w2qz8/', "It's already been done tens of thousands of times with a variety of different chains. You can download the source code and fire up your own clone of it or any of the forks right now and start your own from scratch.\n\nYou can also fork your own right off BTC main or any of the forks and anyone who holds the forking coins on the fork you're forking from, they own it on the new fork as well.\n\nThis is actually a tidy demonstration of why/how blockchain has no inherent value without speculation, greater fools and bagholders trading it for fiat.\n\nHolding coins and investing money (or mining) on any given crypto system is functionally just a vote of trust (often in the form of speculation) in that network, which is kind of screwy considering how much crypto tech people like to talk about trustless transactions and currency.\n\nThe cultish faith in Bitcoin (or whatever) really just trust in that network that it's going to exist, or hold value, or increase in value. And then another layer of trust to trade it or sell it for something else whether it's fiat or physical goods or property.", '1cgi84n'], ['u/Prestigious_Guest182', 44, '2024-04-30 05:49', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w3isb/', 'Remember Doge was created as a joke\nAnd see where that went', '1cgi84n'], ['u/GapingHolesSince89', 30, '2024-04-30 06:19', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w7bm6/', 'Every other crypto is Bitcoin 2.0 but it is even better because it gives the creators and adopters the possibility of getting in early, which nearly all missed on bitcoin. The reason why all the other coins exist is that crypto has nothing to do with being a digital currency. It is all about "getting rich". That is why in my opinion, Bitcoin will flatline and fail. No one cares to put aside their own aspirations for something that may improve commerce.', '1cgi84n'], ['u/zrad603', 13, '2024-04-30 06:38', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1w9oi4/', 'Litecoin, Dogecoin, Bitcoin Cash', '1cgi84n'], ['u/ckach', 13, '2024-04-30 07:35', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wfsx2/', 'The other reason some of the coins exist is because of Warlock nerfs.', '1cgi84n'], ['u/ckach', 14, '2024-04-30 07:38', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wg2p7/', 'The main use case for two of the top \\~10 cryptocurrencies is just "named after a funny dog". That says a lot about how useful they are.', '1cgi84n'], ['u/SisterOfBattIe', 21, '2024-04-30 08:04', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wilgc/', 'Fun fact. Doge IS Bitcoin.\n\nA few lines of code have changed to give a constant supply of fake money and change the name.', '1cgi84n'], ['u/pacmanpacmanpacman', 11, '2024-04-30 08:39', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wltzx/', " > what I am missing\n\nYou're taking OP's post literally. You're suggesting that because it's already been done, and that all of the clones have failed to gain the same traction as bitcoin, that OP's point is somehow invalidated.\n\nOP's point wasn't that anyone can make a coin, and it will be equally as successful as bitcoin - in fact it was the opposite. The point is that something can be objectively better than Bitcoin, but it wouldn't gain the same traction as bitcoin. This is because its perceived value is driven completely by hype, rather than by fundamentals.", '1cgi84n'], ['u/tom-dixon', 32, '2024-04-30 09:56', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wsa98/', "There's Bitcoin Cash, Bitcoin Lite that I know of, but as you said they don't get traction because why would they.", '1cgi84n'], ['u/Rokos_Bicycle', 13, '2024-04-30 10:57', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1wx49i/', "Dogecoin's technically a clone of Litecoin... so just a few more lines of code I guess.", '1cgi84n'], ['u/robertjuh', 29, '2024-04-30 11:59', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1x23li/', "1. \\\\Bitcoin Cash (BCH)\\\\ - Forked in August 2017, focusing on larger block sizes to facilitate more transactions.\n\n2. \\\\Bitcoin Gold (BTG)\\\\ - Created in October 2017, it aims to decentralize mining by using a different hashing algorithm that is resistant to ASICs.\n\n3. \\\\Bitcoin SV (BSV)\\\\ - Forked from Bitcoin Cash in November 2018, emphasizing an even larger block size limit and reverting to some of Satoshi's original protocol.\n\n4. \\\\Bitcoin Diamond (BCD)\\\\ - Launched in November 2017, it increases the block size and adjusts the difficulty of the mining algorithm.\n\n5. \\\\Bitcoin Private (BTCP)\\\\ - A merge of Bitcoin and Zclassic, forked in March 2018, focusing on adding privacy features.\n\n6. \\\\Bitcoin Unlimited\\\\ - Not a fork into a new currency but a software project that influenced Bitcoin Cash. It advocates for a flexible block size limit.\n\n7. \\\\Bitcoin XT\\\\ - Originally one of the first notable forks proposing larger blocks back in 2015, which later lost traction.\n\n8. \\\\Bitcoin Classic\\\\ - Aimed to increase the block size to 2 MB, eventually shifting support to Bitcoin Cash.\n\n9. \\\\Bitcoin Gold (BTG)\\\\ - Forked in 2017 to make mining decentralized again.\n\n10. \\\\Bitcoin ABC (Adjustable Blocksize Cap)\\\\ - Another influence on Bitcoin Cash focusing on adjustable block sizes.\n\n11. \\\\Super Bitcoin (SBTC)\\\\\n\n12. \\\\Bitcoin Atom (BCA)\\\\\n\n13. \\\\Bitcoin Interest (BCI)\\\\\n\n14. \\\\Bitcoin Rhodium (BTR)\\\\\n\n15. \\\\Bitcoin Private (BTCP)\\\\\n\n16. \\\\Bitcoin Zero (BZX)\\\\\n\n17. \\\\Bitcore (BTX)\\\\\n\n18. \\\\Bitcoin Clean\\\\\n\n19. \\\\Bitcoin 2 (BTC2)\\\\\n\n20. \\\\Bitcoin God (GOD)\\\\\n\n21. \\\\Bitcoin Pizza (BPA)\\\\\n\n22. \\\\Bitcoin Stake (BTCS)\\\\\n\n23. \\\\Bitcoin Faith (BTF)\\\\\n\n24. \\\\Bitcoin Pay (BTP)\\\\\n\n25. \\\\Bitcoin Top (BTT)\\\\", '1cgi84n'], ['u/Karyo_Ten', 10, '2024-04-30 13:35', 'https://www.reddit.com/r/Buttcoin/comments/1cgi84n/what_if_btc_20/l1xbn17/', 'Then Dogecoin?', '1cgi84n']]], ['u/TonyCrypto721', 'S2 Onyx Cards Found List!', 29, '2024-04-30 04:52', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/', 'If I missed any let me know. I did hear rumors of BTC #1 found, but nothing concrete. ', 'https://i.redd.it/2uujyl6v6jxc1.jpeg', '1cgi96s', [['u/K1LL3ROO', 11, '2024-04-30 05:12', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/l1vylvl/', '4 of them belong to me 😈', '1cgi96s'], ['u/TonyCrypto721', 20, '2024-04-30 05:13', 'https://www.reddit.com/r/Currencytradingcards/comments/1cgi96s/s2_onyx_cards_found_list/l1vyrl8/', 'That’s all, well I’m sure if you apply yourself you can do better. 🤣', '1cgi96s']]], ['u/Shiratori-3', 'Someone ‘shit in the jacuzzi’ — Bitcoiners furious after testnet griefing', 108, '2024-04-30 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/', 'Bitcoin dev drama ', 'https://cointelegraph.com/news/bitcoiners-furious-jameson-lopp-admits-griefing-testnet-prove-point', '1cgj6mb', [['u/coinfeeds-bot', 85, '2024-04-30 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w2fyp/', "tldr; Bitcoin developers are upset after Jameson Lopp 'griefed' a Bitcoin testnet by generating three years' worth of blocks in one week, disrupting tests and applications. Lopp, who used only 20 lines of code and $1 of electricity, claimed his actions highlighted a testnet vulnerability. The incident has sparked debate about the security and purpose of testnets, with some suggesting Lopp's exclusion from future testnet activities.\n\n*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.", '1cgj6mb'], ['u/Ok_Swing_9902', 89, '2024-04-30 05:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w3ar8/', 'Ridiculous as testnets are low hashrate for testing. It’s not an exploit.', '1cgj6mb'], ['u/John_Crypto_Rambo', 23, '2024-04-30 06:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w5wtg/', 'When are Bitcoin maxis not furious? \xa0Sounds like he was using the testnet properly to find bugs.', '1cgj6mb'], ['u/Harucifer', 49, '2024-04-30 06:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1w87o1/', 'Whats the point of a test net if you cant test and push the limits of it? \n\nWas flat-earther schizophrenic lukedashjr one of those moronic developers?', '1cgj6mb'], ['u/Brief_Platform_8049', 16, '2024-04-30 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgj6mb/someone_shit_in_the_jacuzzi_bitcoiners_furious/l1wb2ze... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.\n• The latest labor cost data added to fears of a hot economy and sticky inflation.\n• The stock decline only deepens April\'s losses, snapping a five-month streak of gains.\nUS stocks plunged on Tuesday as investors got another dose of inflationary data ahead of the Federal Reserve\'s next policy decision.\nThe benchmark S&P 500 index dropped over 1%, after quarterly labor costs came in hotter than expected. The Employee Cost Index, a measure of wages and benefits, rose 1.2% against 1% consensus, the Bureau of Labor Statistics reported.\nFor the Fed, that adds even more restraint on its ability to cut interest rates this year, and futures markets now expect onlyone rate cut in December. Investors will tune in to Fed commentary after its FOMC meeting wraps up on Wednesday.\n"The policy statement and Chair Powell\'s comments in the press conference will reiterate the Fed\'s resolve to get inflation back to their 2% target. Barring a major crisis, a rate cut looks off the table before September, and even that is less likely than it seemed a few weeks ago given recent data demonstrating a broad-based increase in prices of services, houses, and labor costs in early 2024," Bill Adams, chief economist for Comerica Bank, said in written commentary.\nThe equity decline that followed only deepened April\'s market losses, making it the first month of 2024 to end in the red. Its 3.7% decline snapped a bull run that\'s extended since November.\nMeanwhile, shares inMcDonald\'sdropped as much as 3.8%, after its earnings report missed estimates.Amazonwill publish itsquarterly resultsafter Tuesday\'s closing bell.\nAmong other notable movers,ceasefire talks between Israel and Hamassent Brent crude falling 2.6% throughout the day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,035.69, down 1.57%\n• Dow Jones Industrial Average: 37,815.92, down 1.49% (-570.17 points)\n• Nasdaq Composite: 15,657.82, down 2.04%\nHere\'s what else is going on today:\n• Investors should\'be like Buffett\' and buy Applewhile the stock is cheap, Bernstein said in a note.\n• Trump Media\'sbattle against short sellers has coincided with big market gains.\n• If sentenced, Binance founder Changpeng Zhao could be therichest US inmate ever.\n• Bitcoin\'s bull rally may have come to its end, and could drop 50%, market vet predicts.\n• A rollout of Tesla\'s self-driving tech in China could earn over $2 billion by 2030, Bank of America says.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil shed 1.09% to $81.92 a barrel.Brent crude, the international benchmark, dropped 2.6% to $86.14 a barrel.\n• Goldslumped by 1.85% to $2,295.4 per ounce.\n• The 10-year Treasury yield jumped seven basis points to 4.684%.\n• Bitcoindecreased by 5.4% to $60,358.\nRead the original article onBusiness Insider', "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", 'Roger Ver, a cryptocurrency entrepreneur and Bitcoin Cash promoter, was arrested in Spain on charges of evading nearly US$50 million in U.S. taxes and committing mail fraud,accordingto the Department of Justice.\nThe indictment alleges that Ver failed to report capital gains from his substantial Bitcoin assets after renouncing his U.S. citizenship in 2014.\nThe DOJ is now seeking Ver’s extradition to face trial in the United States.\nThe case against Ver alleges that he and his companies, MemoryDealers and Agilestar, held approximately 131,000 Bitcoins in 2014, with the companies owning 73,000 of those.\nDespite selling tens of thousands of Bitcoins for around US$240 million in November 2017, Ver allegedly failed to disclose these gains to the Internal Revenue Service (IRS).\nThe indictment accuses him of providing false information to a law firm and an appraiser to hide the true size of his Bitcoin holdings.\nVer is known for promoting Bitcoin Cash, a Bitcoin spinoff.\nHe obtained the nickname “Bitcoin Jesus” as an early promoter of Bitcoin.', 'Roger Ver, a cryptocurrency entrepreneur and Bitcoin Cash promoter, was arrested in Spain on charges of evading nearly US$50 million in U.S. taxes and committing mail fraud,accordingto the Department of Justice.\nThe indictment alleges that Ver failed to report capital gains from his substantial Bitcoin assets after renouncing his U.S. citizenship in 2014.\nThe DOJ is now seeking Ver’s extradition to face trial in the United States.\nThe case against Ver alleges that he and his companies, MemoryDealers and Agilestar, held approximately 131,000 Bitcoins in 2014, with the companies owning 73,000 of those.\nDespite selling tens of thousands of Bitcoins for around US$240 million in November 2017, Ver allegedly failed to disclose these gains to the Internal Revenue Service (IRS).\nThe indictment accuses him of providing false information to a law firm and an appraiser to hide the true size of his Bitcoin holdings.\nVer is known for promoting Bitcoin Cash, a Bitcoin spinoff.\nHe obtained the nickname “Bitcoin Jesus” as an early promoter of Bitcoin.', 'Ethereum-based Azuki topped Tuesday’s non-fungible token (NFT) sales chart with US$1.13 million.\nAzuki’s daily sales surge pushes its all-time sales volume to approximately US$1.12 billion, making it the eighth-largest collection in the market.\nAzuki was the only collection with at least US$1 million in sales on Tuesday, as the overall sales profit fell by almost US$2 million, the highest since April 12, according to CryptoSlam data.\nThe second-highest performing collection of the day was DMarket, which represents in-game items on the Mythos network, with sales reaching nearly US$887,880.\nAvalanche-based Dokyo claimed the third spot in daily sales, generating US$716,860 from 948 transactions\nOther notable collections include Bored Ape Yacht Club (BAYC) and CryptoPunks.\nBoth collections had just over US$500,000 in sales.\nNew entries and significant movements were observed in the daily rankings. Collections such as Bitcoin-based $WZRD BRC-20 NFTs, closing its most successful month ever with US$36 million in sales.\nDespite the recent launch of Runes on halving day pushing sales of Bitcoin-based projects, its monthly sales volume of US$598 million is lower than the US$622 million in March.\nEthereum NFTs, with US$241.5 million sold in April had its worst monthly performance since last October.', '(Adds comment, crypto-related stocks, graphic; refreshes prices at 0900 GMT)\nBy Amanda Cooper\nLONDON, May 1 (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.\nThe value of the world\'s most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000.\nBitcoin fell by as much as 5.6% to its lowest since late February. It was last down 4.8% at $57,001, while losses in ether were more modest, down 3.6% at $2,857, also at its weakest since February.\nThe price of bitcoin is now a full 22% below March\'s record of $73,803, technically putting it in a bear market. But it is still up 35% so far this year and double where it was this time last year, thanks in large part to the billions of dollars flowing into newly minted exchange-traded funds since January.\n"The recent downtrend can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024," Fineqia research analyst Matteo Greco said.\nCrypto-related stocks fell in U.S. premarket trading. Shares in crypto exchange Coinbase fell 4.6%, while those in miners Riot and Marathon Digital dropped 4.2-4.3%.\nOn the macro front, the Federal Open Market Committee (FOMC) is not expected to make any changes to interest rates, but the view is taking root among investors that the central bank may not cut rates at all this year, delivering a blow to interest rate-sensitive assets such as cryptocurrencies, emerging market stocks and bonds or even commodities.\nInvestors have responded accordingly. The 10 largest U.S. spot bitcoin ETFs are facing their biggest weekly outflow since their inception in January.\nOutflows are up to $496 million this week, mostly as flows into BlackRock\'s iShares Bitcoin Trust, the largest in terms of holdings, have slowed, according to LSEG data.\nEven smaller alt-coins, which can sometimes benefit from weakness in the two big tokens, have been punished. Data from crypto website Coingecko shows Solana\'s sol token has lost almost a quarter of its value over the last seven days, as have meme coins dogecoin and shiba inu - both made popular in 2021 in part by Tesla owner Elon Musk.\nBitcoin\'s so-called "halving event" last month has done little to prop up the price. Since April 20, when halving took place, bitcoin has dropped some 15%. Many investors bought into the market in the run-up to the event, which involves a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nFrom a charting perspective, Alex Kuptsikevich, a senior market analyst for the FXPro platform, said the decline in bitcoin is entering a new stage.\nNot only is May a month of seasonal weakness for bitcoin, the leg down in the price in the past few weeks brings $55,700 and $51,000-52,000 into focus, he said.\n"However, both FOMC announcements later today and monthly jobs data on Friday have enough potential to accelerate or reverse the downtrend," he said.\n(Reporting by Amanda Cooper, additional reporting by Samuel Indyk; Editing by Stefano Rebaudo, Ros Russell and Louise Heavens)', 'By Amanda Cooper\nLONDON (Reuters) - Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.\nThe value of the world\'s most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000.\nBitcoin fell by as much as 5.6% to its lowest since late February. It was last down 4.8% at $57,001, while losses in ether were more modest, down 3.6% at $2,857, also at its weakest since February.\nThe price of bitcoin is now a full 22% below March\'s record of $73,803, technically putting it in a bear market. But it is still up 35% so far this year and double where it was this time last year, thanks in large part to the billions of dollars flowing into newly minted exchange-traded funds since January.\n"The recent downtrend can be attributed to increased profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who witnessed significant price appreciation on their shares after entering the market in the early weeks of 2024," Fineqia research analyst Matteo Greco said.\nCrypto-related stocks fell in U.S. premarket trading. Shares in crypto exchange Coinbase fell 4.6%, while those in miners Riot and Marathon Digital dropped 4.2-4.3%.\nOn the macro front, the Federal Open Market Committee (FOMC) is not expected to make any changes to interest rates, but the view is taking root among investors that the central bank may not cut rates at all this year, delivering a blow to interest rate-sensitive assets such as cryptocurrencies, emerging market stocks and bonds or even commodities.\nInvestors have responded accordingly. The 10 largest U.S. spot bitcoin ETFs are facing their biggest weekly outflow since their inception in January.\nOutflows are up to $496 million this week, mostly as flows into BlackRock\'s iShares Bitcoin Trust, the largest in terms of holdings, have slowed, according to LSEG data.\nEven smaller alt-coins, which can sometimes benefit from weakness in the two big tokens, have been punished. Data from crypto website Coingecko shows Solana\'s sol token has lost almost a quarter of its value over the last seven days, as have meme coins dogecoin and shiba inu - both made popular in 2021 in part by Tesla owner Elon Musk.\nBitcoin\'s so-called "halving event" last month has done little to prop up the price. Since April 20, when halving took place, bitcoin has dropped some 15%. Many investors bought into the market in the run-up to the event, which involves a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nFrom a charting perspective, Alex Kuptsikevich, a senior market analyst for the FXPro platform, said the decline in bitcoin is entering a new stage.\nNot only is May a month of seasonal weakness for bitcoin, the leg down in the price in the past few weeks brings $55,700 and $51,000-52,000 into focus, he said.\n"However, both FOMC announcements later today and monthly jobs data on Friday have enough potential to accelerate or reverse the downtrend," he said.\n(Reporting by Amanda Cooper, additional reporting by Samuel Indyk; Editing by Stefano Rebaudo, Ros Russell and Louise Heavens)', 'While many topcryptocurrencies have pushed aggressively higherthis year, there are a few cryptos to avoid. Here’s why.\nFollowing the completion ofBitcoin’s(BTC-USD) recent halving, the entire crypto sector has surged. Indeed, Bitcoin typically leads the way when it comes to price moves in this sector. That’s nothing new. So when Bitcoin’s demand is near record highs at the same time that new supply hitting the market is halved, prices typically go up.\nThe thing is, this halving event hasn’t been like others. Bitcoin has typically doubled within around a month or so of previous halvings. And while momentum has been on this token’s side in recent weeks, Bitcoin hasn’t made a new high since immediately following the event.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith any sort of broader crypto catalyst still a ways out, these three tokens could be among the top cryptos to avoid, for those who anticipate some volatility in this space.\nSource: Wit Olszewski / Shutterstock.com\nDesigned as a digital currency similar to Bitcoin,Litecoin(LITE-USD) is a top proof-of-stake blockchain many view as a crypto proxy. Thus, the thesis with this token is simple – ride Bitcoin’s momentum higher, and be wary of any sort of downside trajectory when thinking about entering a position. This is one of the top cryptos to avoid at the moment.\nLitecoin’s main investing thesis is that it’s similar to Bitcoin in many ways, but with a speed advantage. This token has seen periods of time where it outperforms Bitcoin, but it’s clear that over the longer-term, Bitcoin has been the winner. So, for investors who think that Bitcoin has more downside ahead, Litecoin could be a bet that’s not worth making.\nAs is the case in most assets, it’s usually the best decision to buy the real thing. Litecoin’s technical indicators also appear to be bearish, with this token approaching a key resistance level. If Litecoin breaks down, there could be big downside ahead. This is one I’m avoiding for the time being for this reason.\nSource: mundissima / Shutterstock\nLaunched in 2022,ApeCoin(APE-USD) is another crypto to avoid. The NFT market has declined precipitously, and given ApeCoin’s ties to the Bored Ape NFT project, it’s no wonder all the hype around this token has mostly died down.\nApeCoin has been on a relatively steady path lower since its initial coin offering roughly one year ago. NFTs just aren’t what they used to be. And speculation around future blockchain-based metaverse worlds using NFTs has died down considerably. This is a token that’s too tied to these speculative facets of crypto to be a mainstream asset worth investing in, at least in my view.\nRepeated unsuccessful efforts to boost its value have not had their desired effect. Many are predicting the bubble has already popped, and it will take time for the air to dissipate out of this balloon. If that’s the case, this is a token simply not worth buying at current levels.\nSource: Shutterstock\nPepe(PEPE-USD) has been among the best-performing meme tokens, surging more than 10,000% over a 12-month period, as of January. While this token has declined around 25% since its peak in March, it’s still a token that has plenty of momentum behind it. For that reason, it’s a hard one to trade on either side.\nI wouldn’t short any of these tokens, to be clear. There’s simply too great the potential for near-term spikes, such as the one Pepe has seen. Accordingly, this meme coin project takes third spot on this list, for this reason.\nRecent large transfers and price fluctuations emphasize Pepe’s vulnerability to online trends. Pepe has provided investors with incredible gains since its inception. But as is the case with most meme projects out there, I just don’t see the long-term viability necessary to call this an investment of any kind. For now, any investor that steps into a position is gambling. That’s just my take.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe April Bitcoin Halving Bust: 3 Cryptos to Avoid Like the Plagueappeared first onInvestorPlace.', 'While many topcryptocurrencies have pushed aggressively higherthis year, there are a few cryptos to avoid. Here’s why.\nFollowing the completion ofBitcoin’s(BTC-USD) recent halving, the entire crypto sector has surged. Indeed, Bitcoin typically leads the way when it comes to price moves in this sector. That’s nothing new. So when Bitcoin’s demand is near record highs at the same time that new supply hitting the market is halved, prices typically go up.\nThe thing is, this halving event hasn’t been like others. Bitcoin has typically doubled within around a month or so of previous halvings. And while momentum has been on this token’s side in recent weeks, Bitcoin hasn’t made a new high since immediately following the event.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith any sort of broader crypto catalyst still a ways out, these three tokens could be among the top cryptos to avoid, for those who anticipate some volatility in this space.\nSource: Wit Olszewski / Shutterstock.com\nDesigned as a digital currency similar to Bitcoin,Litecoin(LITE-USD) is a top proof-of-stake blockchain many view as a crypto proxy. Thus, the thesis with this token is simple – ride Bitcoin’s momentum higher, and be wary of any sort of downside trajectory when thinking about entering a position. This is one of the top cryptos to avoid at the moment.\nLitecoin’s main investing thesis is that it’s similar to Bitcoin in many ways, but with a speed advantage. This token has seen periods of time where it outperforms Bitcoin, but it’s clear that over the longer-term, Bitcoin has been the winner. So, for investors who think that Bitcoin has more downside ahead, Litecoin could be a bet that’s not worth making.\nAs is the case in most assets, it’s usually the best decision to buy the real thing. Litecoin’s technical indicators also appear to be bearish, with this token approaching a key resistance level. If Litecoin breaks down, there could be big downside ahead. This is one I’m avoiding for the time being for this reason.\nSource: mundissima / Shutterstock\nLaunched in 2022,ApeCoin(APE-USD) is another crypto to avoid. The NFT market has declined precipitously, and given ApeCoin’s ties to the Bored Ape NFT project, it’s no wonder all the hype around this token has mostly died down.\nApeCoin has been on a relatively steady path lower since its initial coin offering roughly one year ago. NFTs just aren’t what they used to be. And speculation around future blockchain-based metaverse worlds using NFTs has died down considerably. This is a token that’s too tied to these speculative facets of crypto to be a mainstream asset worth investing in, at least in my view.\nRepeated unsuccessful efforts to boost its value have not had their desired effect. Many are predicting the bubble has already popped, and it will take time for the air to dissipate out of this balloon. If that’s the case, this is a token simply not worth buying at current levels.\nSource: Shutterstock\nPepe(PEPE-USD) has been among the best-performing meme tokens, surging more than 10,000% over a 12-month period, as of January. While this token has declined around 25% since its peak in March, it’s still a token that has plenty of momentum behind it. For that reason, it’s a hard one to trade on either side.\nI wouldn’t short any of these tokens, to be clear. There’s simply too great the potential for near-term spikes, such as the one Pepe has seen. Accordingly, this meme coin project takes third spot on this list, for this reason.\nRecent large transfers and price fluctuations emphasize Pepe’s vulnerability to online trends. Pepe has provided investors with incredible gains since its inception. But as is the case with most meme projects out there, I just don’t see the long-term viability necessary to call this an investment of any kind. For now, any investor that steps into a position is gambling. That’s just my take.\nOn the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nChris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe April Bitcoin Halving Bust: 3 Cryptos to Avoid Like the Plagueappeared first onInvestorPlace.', "A look at the day ahead in U.S. and global markets from Mike Dolan\nMay Day for Wall Street comes with the daunting prospect that the multiple interest rate cuts once expected from the Federal Reserve this year might now just be just one - if any.\nFacing another $1.1 trillion in new Treasury debt sales over the coming two quarters, Tuesday's jarring news that U.S. employment cost growth accelerated during the first three months of the year was the latest blow to bond markets already struggling with a hawkish Fed.\nWith Wednesday's Fed decision unlikely to offer much encouragement on rates, futures markets have reduced 2024 easing expectations to just 27 basis points (bps). A quarter-point cut is now not fully priced until the Dec. 18 central bank meeting - well after November's election.\nTwo-year Treasury yields topped 5% again on Tuesday to hit their highest for the year - barely 32 bps below the current Fed policy rate - and 10-year yields crept back above 4.7%. And exchange-traded funds capturing longer-term Treasury bonds are clocking losses of more than 10% for the first four months of the year.\nWith Japan's ailing yen still on the back foot despite Monday's official intervention to support it and Switzerland's sliding franc leading the way in Europe, the dollar index is stalking six-month highs. Bitcoin plummeted to its lowest in more than two months.\nNavigating this week's torrent of corporate earnings reports alongside the rates markets rumble, Wall St stocks recorded their worst day since January, with both the S&P500 and Nasdaq clocking monthly losses of more than 4%.\nAnd stock futures remain in the red first thing - with even megacap Amazon's earnings beat after the bell on Tuesday doing little to lift the broader mood even as its shares rose in out-of-hours trading.\nAnd adding to the gloom was an miss from one of the past year's artificial intelligence darlings, Super Micro Computers, sending its stock down 14% after the bell. AMD's AI chip sales forecast also underwhelmed and its shares fell 7% too.\nAll too negative? Some suggest month-end trading on Tuesday and market holidays across much of Asia and continental Europe on Wednesday may have exaggerated the moves.\nBut it's hard to escape the discomfort in the bond market.\nPossible straws in the wind for inflation-anxious Treasuries include a retreat in U.S. crude oil prices to their lowest in more than a month amid Gaza ceasefire hopes and Tuesday's weakening U.S. consumer confidence readings for April.\nFOCUS ON POWELL\nWhat's more, the employment cost hit for the first quarter may yet be trumped by this week's series of April labor market updates - starting with ADP's private sector payrolls update later today and culminating in the full national employment report on Friday. March job openings data are also due on Wednesday.\nAnd while the Fed is unlikely to sound dovish on the policy rate outlook at Chair Jerome Powell's press conference later in the day, there's considerable focus on Fed discussions about slowing the rundown of Treasuries from its balance sheet.\nOn top of that, the Treasury itself also publishes details of its quarterly refunding process with indications on auction sizes and maturity buckets.\nAnother heavy earnings diary for stocks is perhaps overshadowed by the Fed meeting and bond market angst and Apple is due to report on Thursday.\nWith many major markets closed on Wednesday, the macro markets focus overseas remains on the still-fragile yen and continues to probe 158 per dollar - some 1.5% weaker than it was early last Friday despite Monday's intervention bout at 160.\nJapan's ruling Liberal Democratic Party is examining the possibility of introducing measures to provide tax breaks for companies converting foreign profits into the yen, two senior party officials told Reuters. The tax holiday may be deployed as a policy tool to stem the yen's sharp declines, incentivising firms to return overseas profits to Japan.\nKey diary items that may provide direction to U.S. markets later on Wednesday:\n* Federal Reserve delivers latest policy decision, statement and press conference\n* US April ADP private sector payrolls, March JOLTS job openings data, ISM's April US manufacturing survey, S&P Global's final April manufacturing survey, US March construction spending\n* US corporate earnings: Pfizer, Kraft Heinz, MetLife, eBay, Qualcomm, Mastercard, Automatic Data Processing, Marriott, Dupont De Nemours, Global Payments, CVS, Marathon Oil, Mosaic, Eversource, Yum! Brands, ETSY, Estee Lauder, Albemarle, PPL, Paycom Software, Devon Energy, Generac, Aflac, Cognizant Technology, Ventas, Allstate, MGM Resorts etc\n* US Treasury details quarterly refunding schedules and auction sizes\n* Bank of Canada Governor Tiff Macklem testifies to Senate committee\n(By Mike Dolan, editing by Alex Richardson [email protected])", 'Tilray Brands(NASDAQ: TLRY)andBitcoin(CRYPTO: BTC)aren\'t in the same league. For one, Bitcoin is a leaderless cryptocurrency with many evangelists but no true stewards, and Tilray is a major global cannabis company, complete with management, operations, assets, and a roadmap for the future.\nBut for investors considering where to park their cash, both investments could be seen as falling into the same category of very risky yet potentially highly rewarding options. So let\'s drill down and examine which of these two is more likely to grow, or at least less likely to lose your money if you decide to buy it.\nTilray\'s vision is to be the world\'s largest marijuana business, while also being a major competitor in the alcohol industry of North America, and perhaps beyond.\nAlong the way, management has high hopes formarijuana legalizationin the U.S., as it has a deal that will grant it a minority stake in a domestic cannabis business when federal legalization occurs. Similarly, its positioning in the E.U. is in medicinal marijuana, with the idea that as the markets there open for recreational use, Tilray will be the first provider in line to access consumers.\nTo attain its vision, it will need to rectify its operations such that they produce more cash than they burn. In its fiscal Q3, it reported operating losses of more than $82 million despite recently concluding a cost savings campaign in in its Canadian home market footprint. While management sought to push the company to befree cash flow (FCF)positive on an adjusted basis before the end of this fiscal year, in its third-quarter earnings report it abandoned that goal.\nNow it\'s unclear exactly what the next steps will be. Legalization in the U.S. and E.U. is not a guaranteed outcome, and recent reforms, as well as proposals for other reforms, have moved at the pace of molasses in a frigid January (pretty darn slow). Continued market leadership in the E.U.\'s medicinal segment is possible, as is retention of its leading share of the Canadian recreational market.\nBut with an uncertain timeline for the catalysts affecting its top line, and with its bottom line still hurting tremendously, it\'ll remain in risky territory for the foreseeable future.\nAs the king of cryptocurrencies, Bitcoin remains volatile and risky despite its vintage and widespread adoption. Furthermore, as it\'s presently relatively close to its all-time high, bears are apt to claim that the only direction it\'s likely to go is straight down. After all, as the critics say, the technology has no real-world use cases, and its pricing is largely a matter of runaway investor psychology and desire for speculation.\nAs convincing as those arguments might sound, they neglect to engage with the single most fundamental aspect of economics: supply and demand.\nImagine, if you will, the chart that\'s in every economics textbook countless times, with the price of a good on the Y-axis, and the demand for the good supplied on the X-axis. Now imagine the line of the demand curve, which starts at the upper left, and sweeps downward toward the right, depicting that demand for goods increases as prices fall, and vice versa. Next comes the supply curve, which starts at the lower left, and extends up and to the right, showing that as prices increase, the creation of more supply is incentivized.\nThe intersection of the supply curve and the demand curve is the equilibrium point. But what happens when supply becomes much harder to produce? The quantity supplied must drop, which leads to higher prices at the same level of demand.\nDue to the self-imposed confines of the protocol itself, there are a finite number of bitcoins that can ever exist -- 21 million, to be precise. 19 million of those coins have been mined already, meaning that they are in circulation, at least nominally. In April, the "halving" occurred, and miners will now reap only half as much of the cryptocurrency with each new block that they mine. And what do you think will happen at that point, within the framework of the supply and demand chart?\nIf you said that the price per coin will go up, that\'s indeed the textbook answer, and many people are heavily invested in that answer being proven true. Of course, the real world is far more complicated than the simplest of theoretical economic frameworks, and nothing is guaranteed.\nThe market could already be pricing in the future impact, as its rough timetable for occurring has been known for a long time due to the fact that the mining difficulty increase occurs mechanically after a certain number of blocks have been mined. Nonetheless, there\'s a clear potential catalyst event in progress, and it could lead to significant growth.\nPresently Bitcoin looks to be the better risky investment than Tilray Brands.\nWhereas Tilray\'s marijuana legalization plans in the U.S. would indeed be a major catalyst for the company, many cannabis stock investors have been burned by predicting that legalization is right around the corner. The political situation remains contentious, and Tilray\'s ongoing operational inefficiency does not inspire much confidence that it can deliver solid returns.\nBitcoin may or may not significantly gain in value in the coming months. The point is that its catalyst is playing out now rather than languishing while subject to legislation or regulations, and that\'s what makes it worth buying instead.\nBefore you buy stock in Tilray Brands, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Tilray Brands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,692!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Tilray Brands. The Motley Fool has adisclosure policy.\nTilray Brands Stock vs. Bitcoin: Which Investment Is Worth the Risk?was originally published by The Motley Fool', 'Tilray Brands(NASDAQ: TLRY)andBitcoin(CRYPTO: BTC)aren\'t in the same league. For one, Bitcoin is a leaderless cryptocurrency with many evangelists but no true stewards, and Tilray is a major global cannabis company, complete with management, operations, assets, and a roadmap for the future.\nBut for investors considering where to park their cash, both investments could be seen as falling into the same category of very risky yet potentially highly rewarding options. So let\'s drill down and examine which of these two is more likely to grow, or at least less likely to lose your money if you decide to buy it.\nTilray\'s vision is to be the world\'s largest marijuana business, while also being a major competitor in the alcohol industry of North America, and perhaps beyond.\nAlong the way, management has high hopes formarijuana legalizationin the U.S., as it has a deal that will grant it a minority stake in a domestic cannabis business when federal legalization occurs. Similarly, its positioning in the E.U. is in medicinal marijuana, with the idea that as the markets there open for recreational use, Tilray will be the first provider in line to access consumers.\nTo attain its vision, it will need to rectify its operations such that they produce more cash than they burn. In its fiscal Q3, it reported operating losses of more than $82 million despite recently concluding a cost savings campaign in in its Canadian home market footprint. While management sought to push the company to befree cash flow (FCF)positive on an adjusted basis before the end of this fiscal year, in its third-quarter earnings report it abandoned that goal.\nNow it\'s unclear exactly what the next steps will be. Legalization in the U.S. and E.U. is not a guaranteed outcome, and recent reforms, as well as proposals for other reforms, have moved at the pace of molasses in a frigid January (pretty darn slow). Continued market leadership in the E.U.\'s medicinal segment is possible, as is retention of its leading share of the Canadian recreational market.\nBut with an uncertain timeline for the catalysts affecting its top line, and with its bottom line still hurting tremendously, it\'ll remain in risky territory for the foreseeable future.\nAs the king of cryptocurrencies, Bitcoin remains volatile and risky despite its vintage and widespread adoption. Furthermore, as it\'s presently relatively close to its all-time high, bears are apt to claim that the only direction it\'s likely to go is straight down. After all, as the critics say, the technology has no real-world use cases, and its pricing is largely a matter of runaway investor psychology and desire for speculation.\nAs convincing as those arguments might sound, they neglect to engage with the single most fundamental aspect of economics: supply and demand.\nImagine, if you will, the chart that\'s in every economics textbook countless times, with the price of a good on the Y-axis, and the demand for the good supplied on the X-axis. Now imagine the line of the demand curve, which starts at the upper left, and sweeps downward toward the right, depicting that demand for goods increases as prices fall, and vice versa. Next comes the supply curve, which starts at the lower left, and extends up and to the right, showing that as prices increase, the creation of more supply is incentivized.\nThe intersection of the supply curve and the demand curve is the equilibrium point. But what happens when supply becomes much harder to produce? The quantity supplied must drop, which leads to higher prices at the same level of demand.\nDue to the self-imposed confines of the protocol itself, there are a finite number of bitcoins that can ever exist -- 21 million, to be precise. 19 million of those coins have been mined already, meaning that they are in circulation, at least nominally. In April, the "halving" occurred, and miners will now reap only half as much of the cryptocurrency with each new block that they mine. And what do you think will happen at that point, within the framework of the supply and demand chart?\nIf you said that the price per coin will go up, that\'s indeed the textbook answer, and many people are heavily invested in that answer being proven true. Of course, the real world is far more complicated than the simplest of theoretical economic frameworks, and nothing is guaranteed.\nThe market could already be pricing in the future impact, as its rough timetable for occurring has been known for a long time due to the fact that the mining difficulty increase occurs mechanically after a certain number of blocks have been mined. Nonetheless, there\'s a clear potential catalyst event in progress, and it could lead to significant growth.\nPresently Bitcoin looks to be the better risky investment than Tilray Brands.\nWhereas Tilray\'s marijuana legalization plans in the U.S. would indeed be a major catalyst for the company, many cannabis stock investors have been burned by predicting that legalization is right around the corner. The political situation remains contentious, and Tilray\'s ongoing operational inefficiency does not inspire much confidence that it can deliver solid returns.\nBitcoin may or may not significantly gain in value in the coming months. The point is that its catalyst is playing out now rather than languishing while subject to legislation or regulations, and that\'s what makes it worth buying instead.\nBefore you buy stock in Tilray Brands, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Tilray Brands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,692!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Tilray Brands. The Motley Fool has adisclosure policy.\nTilray Brands Stock vs. Bitcoin: Which Investment Is Worth the Risk?was originally published by The Motley Fool', 'The conventional wisdom is that the halving will send the price ofBitcoin(CRYPTO: BTC)soaring. But that doesn\'t mean that everything crypto-related is going to soar as well. In fact, quite the opposite.\nI\'m particularly concerned about some of the formerly high-flying Bitcoin mining stocks, such asRiot Platforms(NASDAQ: RIOT)andMarathon Digital Holdings(NASDAQ: MARA). And theBitcoin halvingcould be more bad news forEthereum(CRYPTO: ETH), which already appeared to be falling out of favor wi Last 60 Days of Bitcoin's Closing Prices: [62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-01 Financial & Commodity Data: - Gold Closing Price: $2299.90 - Crude Oil Closing Price: $79.00 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,181,371,080,253 - Hash Rate: 578118168.6740619 - Transaction Count: 478881.0 - Unique Addresses: 587665.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim impact statement penned by Ray on behalf of FTX and its subsidiaries, Ray told New York District Court Judge Lewis Kaplan that Bankman-Fried’s “delusional” claims that his exchange was solvent are a “mischaracterization” of the estate’s January statement that they expect topay customers back in full. Bankman-Fried and his legal team have leaned heavily on the estate’s recovery, arguing in his February sentencing submission that the “harm to customers, lenders, and investors is zero” and, as such, Judge Kaplan should consider a maximum sentence of 6.5 years in prison – far less than the 40-50 year sentence recommended by prosecutors or the 100 year sentence suggested by the probation department. But just because the FTX estate was able to scrape together enough money to pay back the exchange’s customers – massively aided by the run-up in bitcoin’s price as well as the “tens of thousands of hours…spent digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token, or other asset” – does not mean that Bankman-Fried’s behavior was not criminal, Ray argued. Ray told the court that, when he took over, the exchange’s coffers were nearly empty – a mere 105 bitcoins remained on the platform, compared with the nearly 100,000 bitcoins customers were entitled to. Some of the lost assets were recovered, Ray said, while others, including bribes to Chinese officials and the “hundreds of millions of dollars” Bankman-Fried spent on various investments or buying access to celebrities and politicians are gone for good. “The harm was vast. The remorse is nonexistent,” Ray wrote in the Wednesday court filing. “Effective altruism, at least as lived by Sam Bankman-Fried, was a lie.” Ray told the court that, despite the current plan to get their money back, many of FTX’s customers remain “extremely unhappy” with the valuation of their funds. Because customers will be refunded based on the value of their portfolios at the time of the bankruptcy – not today’s much higher value – they will “never be returned to the same economic position they would have been in today absent [Bankman-Fried’s] colossal fraud,” Ray argued. In their own victim impact statements filed earlier this week, dozens of FTX customers detailed theemotional and financial tollthe exchange’s collapse had on their personal lives. “There should be no delusion that because assets have increased in value or that the professionals have been able to recover funds and assets taken or stolen from the estate, that there was no need [to file for bankruptcy],” Ray wrote. “Make no mistake; customers, non-governmental creditors, governmental creditors, and non-insider stockholders have suffered and continue to suffer.” Bankman-Fried is scheduled to be sentenced on March 28.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investors added a net $31.2 billion to U.S.-listed exchange-traded funds last month, a decline from the extraordinarily hot March inflows, while at the same time keeping flows on pace to beat last year\'s total.\nThe new money brought year-to-date inflows to $227.6 billion, higher than the $146.8 billion brought in by this same time a year ago.\nApril inflows were evenly distributed among fund categories, with solid inflows for U.S. and international equity ETFs, as well as U.S. and international fixed income ETFs.\nIn terms of individual ETFs, the usual suspects, like theVanguard 500 Index Fund (VOO)and theiShares Core U.S. Aggregate Bond ETF (AGG)topped the flows charts, with inflows of $7.7 billion and $3.2 billion, respectively.\nTheiShares Bitcoin Trust (IBIT)pulled in $1.6 billion of fresh assets, despite the price of bitcoin sliding. IBIT’s streak of 71 straight days of inflows ended in April, but it’s still on the cusp of becoming the largest spot bitcoin ETF soon.\nAnother notable flows winner during May was thePacer U.S. Cash Cows 100 ETF (COWZ), which had inflows of $1.3 billion. The value exchange-traded fund has been one of the biggest ETF success stories of all time. It has $22 billion in AUM currently.\nOn the other side of the ledger, theSPDR S&P 500 ETF Trust (SPY)led all ETFs with outflows of $15.5 billion.\nTheiShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)and theiShares Russell 2000 ETF (IWM)followed behind with outflows of $3.3 billion and $2.9 billion, respectively.\nInflows in all funds dipped from what was an out-of-the-ordinary total of $101.2 million in flows in March—a month of record-high stocks fueled by artificial intelligence companies, as well as investors pouring billions into crytpo ETFs. Stocks sold off during April, with the S&P 500 falling more than 5% from its recent highs.\nSPY and IWM are among the most popular ETFs for short-term traders, so it’s no surprise to see them shed assets in a down month for the markets.\nMeanwhile, in contrast to the aforementioned IBIT, the Grayscale Bitcoin Trust (GBTC) had large outflows of $2.5 billion in May.\nAnother month of similar sized outflows for the Grayscale ETF will almost certainly put IBIT ahead of GBTC in terms of AUM.\nFor a full list of the top inflows and outflows for April, see the tables below:\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "7,690.72", "AUM ($, mm)": "430,823.28", "% of AUM": "1.79", "YTD 2024 Net Flows($,M)": "31,616.56%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "3,210.63", "AUM ($, mm)": "105,270.59", "% of AUM": "3.05", "YTD 2024 Net Flows($,M)": "8,059.17%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,648.92", "AUM ($, mm)": "118,094.84", "% of AUM": "2.24", "YTD 2024 Net Flows($,M)": "5,402.41%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,623.42", "AUM ($, mm)": "379,859.83", "% of AUM": "0.69", "YTD 2024 Net Flows($,M)": "10,615.59%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Issuer": "Invesco", "Net Flows ($, mm)": "2,228.14", "AUM ($, mm)": "54,453.44", "% of AUM": "4.09", "YTD 2024 Net Flows($,M)": "3,379.20%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,615.67", "AUM ($, mm)": "17,534.63", "% of AUM": "9.21", "YTD 2024 Net Flows($,M)": "15,478.42%"}, {"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "1,521.95", "AUM ($, mm)": "64,967.58", "% of AUM": "2.34", "YTD 2024 Net Flows($,M)": "3,255.08%"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Issuer": "Pacer Advisors", "Net Flows ($, mm)": "1,304.31", "AUM ($, mm)": "22,854.90", "% of AUM": "5.71", "YTD 2024 Net Flows($,M)": "3,233.56%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Issuer": "Direxion", "Net Flows ($, mm)": "1,282.34", "AUM ($, mm)": "10,782.19", "% of AUM": "11.89", "YTD 2024 Net Flows($,M)": "225.55%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,278.54", "AUM ($, mm)": "113,401.15", "% of AUM": "1.13", "YTD 2024 Net Flows($,M)": "3,864.29%"}]\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "31,616.56", "AUM ($, mm)": "430,823.28", "% of AUM": "7.34", "May 2024 Net Flows($,M)": "7,690.72%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "15,478.42", "AUM ($, mm)": "17,534.63", "% of AUM": "88.27", "May 2024 Net Flows($,M)": "1,615.67%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "12,275.13", "AUM ($, mm)": "440,895.24", "% of AUM": "2.78", "May 2024 Net Flows($,M)": "-771.78%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "10,615.59", "AUM ($, mm)": "379,859.83", "% of AUM": "2.79", "May 2024 Net Flows($,M)": "2,623.42%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Issuer": "Invesco", "Net Flows ($, mm)": "8,654.89", "AUM ($, mm)": "251,260.24", "% of AUM": "3.44", "May 2024 Net Flows($,M)": "-465.20%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Issuer": "Fidelity", "Net Flows ($, mm)": "8,160.90", "AUM ($, mm)": "9,809.16", "% of AUM": "83.20", "May 2024 Net Flows($,M)": "666.28%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "8,059.17", "AUM ($, mm)": "105,270.59", "% of AUM": "7.66", "May 2024 Net Flows($,M)": "3,210.63%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "7,240.89", "AUM ($, mm)": "7,435.56", "% of AUM": "97.38", "May 2024 Net Flows($,M)": "461.77%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "6,132.75", "AUM ($, mm)": "33,817.32", "% of AUM": "18.13", "May 2024 Net Flows($,M)": "1,268.98%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "5,402.41", "AUM ($, mm)": "118,094.84", "% of AUM": "4.57", "May 2024 Net Flows($,M)": "2,648.92%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-15,547.09", "AUM ($, mm)": "505,487.46", "% of AUM": "-3.08", "YTD 2024 Net Flows($,M)": "-24,747.59%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,339.00", "AUM ($, mm)": "28,154.95", "% of AUM": "-11.86", "YTD 2024 Net Flows($,M)": "-2,044.46%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,887.10", "AUM ($, mm)": "58,807.63", "% of AUM": "-4.91", "YTD 2024 Net Flows($,M)": "-7,518.79%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-2,521.97", "AUM ($, mm)": "18,969.79", "% of AUM": "-13.29", "YTD 2024 Net Flows($,M)": "-17,089.55%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,367.17", "AUM ($, mm)": "14,298.29", "% of AUM": "-16.56", "YTD 2024 Net Flows($,M)": "-4,498.88%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-1,483.79", "AUM ($, mm)": "33,755.73", "% of AUM": "-4.40", "YTD 2024 Net Flows($,M)": "-1,253.43%"}, {"Ticker": "XLV", "Name": "Health Care Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,281.19", "AUM ($, mm)": "37,880.36", "% of AUM": "-3.38", "YTD 2024 Net Flows($,M)": "-820.43%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,232.32", "AUM ($, mm)": "14,240.41", "% of AUM": "-8.65", "YTD 2024 Net Flows($,M)": "-1,712.20%"}, {"Ticker": "ACWI", "Name": "iShares MSCI ACWI ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-1,149.55", "AUM ($, mm)": "17,935.67", "% of AUM": "-6.41", "YTD 2024 Net Flows($,M)": "-2,108.08%"}, {"Ticker": "SPTS", "Name": "SPDR Portfolio Short Term Treasury ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,022.66", "AUM ($, mm)": "4,259.11", "% of AUM": "-24.01", "YTD 2024 Net Flows($,M)": "-1,262.37%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-24,747.59", "AUM ($, mm)": "505,487.46", "% of AUM": "-4.90", "May 2024 Net Flows($,M)": "-15,547.09%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-17,089.55", "AUM ($, mm)": "18,969.79", "% of AUM": "-90.09", "May 2024 Net Flows($,M)": "-2,521.97%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-7,518.79", "AUM ($, mm)": "58,807.63", "% of AUM": "-12.79", "May 2024 Net Flows($,M)": "-2,887.10%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-4,498.88", "AUM ($, mm)": "14,298.29", "% of AUM": "-31.46", "May 2024 Net Flows($,M)": "-2,367.17%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,931.20", "AUM ($, mm)": "23,716.71", "% of AUM": "-16.58", "May 2024 Net Flows($,M)": "-108.36%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,544.65", "AUM ($, mm)": "54,219.32", "% of AUM": "-6.54", "May 2024 Net Flows($,M)": "-170.73%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,410.54", "AUM ($, mm)": "6,967.67", "% of AUM": "-48.95", "May 2024 Net Flows($,M)": "197.08%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-2,918.03", "AUM ($, mm)": "62,673.99", "% of AUM": "-4.66", "May 2024 Net Flows($,M)": "183.63%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-2,795.20", "AUM ($, mm)": "11,896.89", "% of AUM": "-23.50", "May 2024 Net Flows($,M)": "-549.02%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-2,640.25", "AUM ($, mm)": "19,303.47", "% of AUM": "-13.68", "May 2024 Net Flows($,M)": "-745.99%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "95.97", "AUM ($, mm)": "7,583.92", "% of AUM": "1.27%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "126.60", "AUM ($, mm)": "17,527.00", "% of AUM": "0.72%"}, {"": "Commodities", "Net Flows ($, mm)": "790.47", "AUM ($, mm)": "142,317.96", "% of AUM": "0.56%"}, {"": "Currency", "Net Flows ($, mm)": "-88.00", "AUM ($, mm)": "57,488.43", "% of AUM": "-0.15%"}, {"": "International Equity", "Net Flows ($, mm)": "4,237.49", "AUM ($, mm)": "1,448,661.28", "% of AUM": "0.29%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "6,877.69", "AUM ($, mm)": "189,596.65", "% of AUM": "3.63%"}, {"": "Inverse", "Net Flows ($, mm)": "-635.74", "AUM ($, mm)": "13,685.12", "% of AUM": "-4.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "1,347.87", "AUM ($, mm)": "90,494.30", "% of AUM": "1.49%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "10,395.82", "AUM ($, mm)": "5,346,111.22", "% of AUM": "0.19%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "8,016.54", "AUM ($, mm)": "1,358,515.30", "% of AUM": "0.59%"}, {"": "Total:", "Net Flows ($, mm)": "31,164.71", "AUM ($, mm)": "8,671,981.18", "% of AUM": "0.36%"}]\n[{"": "Alternatives", "Net Flows ($, mm)": "749.28", "AUM ($, mm)": "7,583.92", "% of AUM": "9.88%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "145.12", "AUM ($, mm)": "17,527.00", "% of AUM": "0.83%"}, {"": "Commodities", "Net Flows ($, mm)": "-4,418.62", "AUM ($, mm)": "142,317.96", "% of AUM": "-3.10%"}, {"": "Currency", "Net Flows ($, mm)": "12,399.89", "AUM ($, mm)": "57,488.43", "% of AUM": "21.57%"}, {"": "International Equity", "Net Flows ($, mm)": "31,970.76", "AUM ($, mm)": "1,448,661.28", "% of AUM": "2.21%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "16,402.33", "AUM ($, mm)": "189,596.65", "% of AUM": "8.65%"}, {"": "Inverse", "Net Flows ($, mm)": "-834.12", "AUM ($, mm)": "13,685.12", "% of AUM": "-6.10%"}, {"": "Leveraged", "Net Flows ($, mm)": "-539.15", "AUM ($, mm)": "90,494.30", "% of AUM": "-0.60%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "122,158.53", "AUM ($, mm)": "5,346,111.22", "% of AUM": "2.28%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "49,520.44", "AUM ($, mm)": "1,358,515.30", "% of AUM": "3.65%"}, {"": "Total:", "Net Flows ($, mm)": "227,554.47", "AUM ($, mm)": "8,671,981.18", "% of AUM": "2.62%"}]\n[{"Brand": "iShares", "AUM ($, mm)": "2,764,930.41", "Net Flows ($, mm)": "22,825.23", "% of AUM": "0.83%", "YTD 2024 Net Flows($,M)": "36,594.20"}, {"Brand": "Vanguard", "AUM ($, mm)": "2,567,056.37", "Net Flows ($, mm)": "16,652.38", "% of AUM": "0.65%", "YTD 2024 Net Flows($,M)": "65,520.74"}, {"Brand": "SPDR", "AUM ($, mm)": "1,309,413.74", "Net Flows ($, mm)": "24,540.10", "% of AUM": "1.87%", "YTD 2024 Net Flows($,M)": "-2,288.08"}, {"Brand": "Invesco", "AUM ($, mm)": "509,173.22", "Net Flows ($, mm)": "7,194.45", "% of AUM": "1.41%", "YTD 2024 Net Flows($,M)": "21,048.26"}, {"Brand": "Schwab", "AUM ($, mm)": "342,179.51", "Net Flows ($, mm)": "2,177.02", "% of AUM": "0.64%", "YTD 2024 Net Flows($,M)": "4,728.78"}, {"Brand": "JPMorgan", "AUM ($, mm)": "150,136.99", "Net Flows ($, mm)": "3,441.66", "% of AUM": "2.29%", "YTD 2024 Net Flows($,M)": "10,385.94"}, {"Brand": "First Trust", "AUM ($, mm)": "139,482.85", "Net Flows ($, mm)": "592.53", "% of AUM": "0.42%", "YTD 2024 Net Flows($,M)": "986.62"}, {"Brand": "Dimensional", "AUM ($, mm)": "134,138.42", "Net Flows ($, mm)": "3,444.39", "% of AUM": "2.57%", "YTD 2024 Net Flows($,M)": "9,126.65"}, {"Brand": "WisdomTree", "AUM ($, mm)": "77,971.30", "Net Flows ($, mm)": "598.49", "% of AUM": "0.77%", "YTD 2024 Net Flows($,M)": "2,018.08"}, {"Brand": "VanEck", "AUM ($, mm)": "77,421.82", "Net Flows ($, mm)": "2,585.53", "% of AUM": "3.34%", "YTD 2024 Net Flows($,M)": "4,923.39"}, {"Brand": "ProShares", "AUM ($, mm)": "72,286.98", "Net Flows ($, mm)": "451.41", "% of AUM": "0.62%", "YTD 2024 Net Flows($,M)": "-4,358.65"}, {"Brand": "Fidelity", "AUM ($, mm)": "68,843.10", "Net Flows ($, mm)": "3,633.69", "% of AUM": "5.28%", "YTD 2024 Net Flows($,M)": "10,974.38"}, {"Brand": "Global X", "AUM ($, mm)": "46,332.33", "Net Flows ($, mm)": "1,296.97", "% of AUM": "2.80%", "YTD 2024 Net Flows($,M)": "2,004.79"}, {"Brand": "Pacer", "AUM ($, mm)": "43,259.93", "Net Flows ($, mm)": "1,395.51", "% of AUM": "3.23%", "YTD 2024 Net Flows($,M)": "5,236.50"}, {"Brand": "Direxion", "AUM ($, mm)": "41,413.19", "Net Flows ($, mm)": "-12.84", "% of AUM": "-0.03%", "YTD 2024 Net Flows($,M)": "-1,167.79"}, {"Brand": "Avantis", "AUM ($, mm)": "40,052.48", "Net Flows ($, mm)": "1,208.52", "% of AUM": "3.02%", "YTD 2024 Net Flows($,M)": "4,124.76"}, {"Brand": "Goldman Sachs", "AUM ($, mm)": "34,528.97", "Net Flows ($, mm)": "-148.82", "% of AUM": "-0.43%", "YTD 2024 Net Flows($,M)": "-140.50"}, {"Brand": "PIMCO", "AUM ($, mm)": "25,418.94", "Net Flows ($, mm)": 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AUM": "1.40%", "YTD 2024 Net Flows($,M)": "544.09"}, {"Brand": "Hartford", "AUM ($, mm)": "4,720.82", "Net Flows ($, mm)": "6.23", "% of AUM": "0.13%", "YTD 2024 Net Flows($,M)": "-204.82"}, {"Brand": "US Benchmark Series", "AUM ($, mm)": "4,306.71", "Net Flows ($, mm)": "84.30", "% of AUM": "1.96%", "YTD 2024 Net Flows($,M)": "250.27"}, {"Brand": "IndexIQ", "AUM ($, mm)": "4,107.98", "Net Flows ($, mm)": "11.46", "% of AUM": "0.28%", "YTD 2024 Net Flows($,M)": "-102.98"}, {"Brand": "Principal", "AUM ($, mm)": "4,077.74", "Net Flows ($, mm)": "132.80", "% of AUM": "3.26%", "YTD 2024 Net Flows($,M)": "126.19"}, {"Brand": "Simplify", "AUM ($, mm)": "4,066.98", "Net Flows ($, mm)": "316.87", "% of AUM": "7.79%", "YTD 2024 Net Flows($,M)": "849.86"}, {"Brand": "GraniteShares", "AUM ($, mm)": "3,933.81", "Net Flows ($, mm)": "1,230.62", "% of AUM": "31.28%", "YTD 2024 Net Flows($,M)": "1,624.78"}, {"Brand": "Alpha Architect", "AUM ($, mm)": "3,879.29", "Net Flows ($, mm)": "473.72", "% of AUM": "12.21%", "YTD 2024 Net Flows($,M)": "1,318.53"}, {"Brand": "T. 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AUM": "3.40%", "YTD 2024 Net Flows($,M)": "106.64"}, {"Brand": "Strive", "AUM ($, mm)": "1,354.49", "Net Flows ($, mm)": "46.28", "% of AUM": "3.42%", "YTD 2024 Net Flows($,M)": "178.74"}, {"Brand": "SEI", "AUM ($, mm)": "1,280.24", "Net Flows ($, mm)": "-12.31", "% of AUM": "-0.96%", "YTD 2024 Net Flows($,M)": "1,075.27"}, {"Brand": "ActivePassive", "AUM ($, mm)": "1,228.32", "Net Flows ($, mm)": "49.53", "% of AUM": "4.03%", "YTD 2024 Net Flows($,M)": "330.04"}, {"Brand": "Eaton Vance", "AUM ($, mm)": "1,135.28", "Net Flows ($, mm)": "514.04", "% of AUM": "45.28%", "YTD 2024 Net Flows($,M)": "562.14"}, {"Brand": "Davis", "AUM ($, mm)": "1,130.59", "Net Flows ($, mm)": "3.87", "% of AUM": "0.34%", "YTD 2024 Net Flows($,M)": "9.40"}, {"Brand": "DoubleLine", "AUM ($, mm)": "1,098.82", "Net Flows ($, mm)": "25.52", "% of AUM": "2.32%", "YTD 2024 Net Flows($,M)": "149.09"}, {"Brand": "Kovitz", "AUM ($, mm)": "1,074.70", "Net Flows ($, mm)": "5.03", "% of AUM": "0.47%", "YTD 2024 Net 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Capital", "AUM ($, mm)": "48.01", "Net Flows ($, mm)": "2.71", "% of AUM": "5.65%", "YTD 2024 Net Flows($,M)": "24.03"}, {"Brand": "Hull", "AUM ($, mm)": "44.84", "Net Flows ($, mm)": "2.92", "% of AUM": "6.52%", "YTD 2024 Net Flows($,M)": "3.86"}, {"Brand": "Acquirers Fund", "AUM ($, mm)": "44.13", "Net Flows ($, mm)": "-1.86", "% of AUM": "-4.22%", "YTD 2024 Net Flows($,M)": "-1.00"}, {"Brand": "Leatherback", "AUM ($, mm)": "43.67", "Net Flows ($, mm)": "-0.65", "% of AUM": "-1.50%", "YTD 2024 Net Flows($,M)": "-5.13"}, {"Brand": "Range", "AUM ($, mm)": "43.53", "Net Flows ($, mm)": "14.80", "% of AUM": "34.01%", "YTD 2024 Net Flows($,M)": "25.66"}, {"Brand": "ZEGA", "AUM ($, mm)": "43.39", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-7.09"}, {"Brand": "SonicShares", "AUM ($, mm)": "43.39", "Net Flows ($, mm)": "-0.78", "% of AUM": "-1.80%", "YTD 2024 Net Flows($,M)": "6.27"}, {"Brand": "UVA", "AUM ($, mm)": "43.12", "Net Flows ($, mm)": "-1.09", "% of AUM": "-2.54%", "YTD 2024 Net Flows($,M)": "-2.20"}, {"Brand": "Discipline Funds", "AUM ($, mm)": "40.12", "Net Flows ($, mm)": "1.12", "% of AUM": "2.80%", "YTD 2024 Net Flows($,M)": "2.45"}, {"Brand": "Gabelli", "AUM ($, mm)": "39.89", "Net Flows ($, mm)": "1.07", "% of AUM": "2.67%", "YTD 2024 Net Flows($,M)": "3.46"}, {"Brand": "Foundations", "AUM ($, mm)": "39.77", "Net Flows ($, mm)": "2.70", "% of AUM": "6.79%", "YTD 2024 Net Flows($,M)": "34.44"}, {"Brand": "Meet Kevin", "AUM ($, mm)": "39.77", "Net Flows ($, mm)": "-2.03", "% of AUM": "-5.09%", "YTD 2024 Net Flows($,M)": "-2.68"}, {"Brand": "Sovereign\'s", "AUM ($, mm)": "37.98", "Net Flows ($, mm)": "1.73", "% of AUM": "4.55%", "YTD 2024 Net Flows($,M)": "6.76"}, {"Brand": "Regan", "AUM ($, mm)": "37.80", "Net Flows ($, mm)": "32.63", "% of AUM": "86.32%", "YTD 2024 Net Flows($,M)": "36.38"}, {"Brand": "Procure", "AUM ($, mm)": "37.74", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-1.69"}, {"Brand": "AOT", "AUM ($, mm)": "36.86", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "2.82"}, {"Brand": "Sparkline", "AUM ($, mm)": "34.90", "Net Flows ($, mm)": "1.12", "% of AUM": "3.20%", "YTD 2024 Net Flows($,M)": "1.93"}, {"Brand": "Trajan", "AUM ($, mm)": "34.29", "Net Flows ($, mm)": "-0.45", "% of AUM": "-1.31%", "YTD 2024 Net Flows($,M)": "-1.96"}, {"Brand": "Martin Currie", "AUM ($, mm)": "34.11", "Net Flows ($, mm)": "-1.56", "% of AUM": "-4.58%", "YTD 2024 Net Flows($,M)": "-1.56"}, {"Brand": "Sound Income Strategies", "AUM ($, mm)": "33.92", "Net Flows ($, mm)": "0.46", "% of AUM": "1.35%", "YTD 2024 Net Flows($,M)": "1.84"}, {"Brand": "India", "AUM ($, mm)": "33.87", "Net Flows ($, mm)": "4.86", "% of AUM": "14.36%", "YTD 2024 Net Flows($,M)": "19.74"}, {"Brand": "Guru", "AUM ($, mm)": "33.72", "Net Flows ($, mm)": "-0.82", "% of AUM": "-2.42%", "YTD 2024 Net Flows($,M)": "-3.18"}, {"Brand": "Calamos", "AUM ($, mm)": "33.28", "Net Flows ($, mm)": "-3.46", "% of AUM": "-10.39%", "YTD 2024 Net Flows($,M)": "12.86"}, {"Brand": "Innovative Portfolios", "AUM ($, mm)": "33.24", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "-0.48"}, {"Brand": "RAM", "AUM ($, mm)": "33.15", "Net Flows ($, mm)": "0.04", "% of AUM": "0.12%", "YTD 2024 Net Flows($,M)": "1.54"}, {"Brand": "AlphaMark", "AUM ($, mm)": "32.88", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "1.47"}, {"Brand": "Affinity", "AUM ($, mm)": "32.69", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "0.00"}, {"Brand": "Validus", "AUM ($, mm)": "31.68", "Net Flows ($, mm)": "0.00", "% of AUM": "0.00%", "YTD 2024 Net Flows($,M)": "0.00"}, {"Brand": "Cultivar", "AUM ($, mm)": "30.70", "Net Flows ($, mm)": "-0.50", "% of AUM": "-1.64%", "YTD 2024 Net Flows($,M)": "-0.50"}, {"Brand": "Bancreek", "AUM ($, mm)": "30.24", "Net Flows ($, mm)": "0.98", "% of AUM": "3.24%", "YTD 2024 Net Flows($,M)": "23.29"}, {"Brand": "QRAFT", "AUM ($, mm)": "30.08", "Net Flows ($, mm)": "3.35", "% of AUM": "11.15%", "YTD 2024 Net Flows($,M)": "2.35"}, {"Brand": "Themes", "AUM ($, mm)": "28.45", "Net Flows ($, mm)": "16.54", "% of AUM": "58.14%", "YTD 2024 Net Flows($,M)": "19.10"}, {"B Last 60 Days of Bitcoin's Closing Prices: [63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-02 Financial & Commodity Data: - Gold Closing Price: $2299.20 - Crude Oil Closing Price: $78.95 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,126,825,055,812 - Hash Rate: 635054048.9222649 - Transaction Count: 559839.0 - Unique Addresses: 528151.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin's price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin's future. "That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission's approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline." While Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven't even begun." This lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.... - Reddit Posts (Sample): [['u/worldtraveller321', 'Important to Buy BTC now', 348, '2024-05-02 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', 'Is it just me or am I wrong to think that right now. I am important to buy BTC at this moment. so people will have something of value. As everything else is going down in value?\n\nam I right?', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', '1chysfv', [['u/Radiant_Childhood505', 144, '2024-05-02 00:18', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rkao/', 'Look at Saylor he knows he\'s in an arms race. I said to myself before the ETFs launch, "Let\'s see if he buys above 50, then I said 60. Hell, he just bought his last 122 BTC for 7.8 million, so the average was 64000 on those! Yes, buy high, buy low, but good God buy buy buy.', '1chysfv'], ['u/Financial_Clue_2534', 144, '2024-05-02 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rtj0/', 'Based on previous events nows a good time as Bitcoin typically has numerous 20% drops as it climbs up. \n\nI DCA but I also buy a bit more when we get this type of pullback. It hasn’t failed me yet.', '1chysfv'], ['u/Sudden_Agent_345', 71, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25sm2k/', 'you are important no matter what', '1chysfv'], ['u/PablovsPeanut', 15, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25spul/', 'Actual gold will be decent as well as silver. IMO BTC will be the best. No one can time it perfect because the best time to buy was obviously last cycle and that will always be the answer. From looking at past empires when they fall they fall hard and fast. The US is acting like an empire in decline.', '1chysfv'], ['u/Tasty-Lemon-2143', 240, '2024-05-02 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25u0e5/', 'This is the dip everyone was asking for 3 weeks ago....make your decision wisely.', '1chysfv'], ['u/LastRecognition4151', 69, '2024-05-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25up9c/', 'Saylor says he will always buy the top forever', '1chysfv'], ['u/BitcoinWell', 45, '2024-05-02 00:40', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25uzs4/', 'Not only are prices heavily discounted from a few weeks ago, but transaction fees are super low – high priority transactions are showing up as $3 on mempool right now.\n\nIts a great time to: \n- stack sats \n- take coins off the exchange and onto your own wallet (key in cold storage) \n- Consolidate UTXOs', '1chysfv'], ['u/BitcoinWell', 33, '2024-05-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25v30b/', 'in 2017 it happened 3 times before the big drop', '1chysfv'], ['u/Highly-Aggressive', 20, '2024-05-02 00:51', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wnxx/', "can't", '1chysfv'], ['u/thinkinon', 11, '2024-05-02 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wzu1/', 'Goodness gracious, do you need a hug?', '1chysfv'], ['u/Financial_Clue_2534', 33, '2024-05-02 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25xsd1/', 'Started in 2016. Took til 2019for me to “get use” to it. I use to check prices all the time and stress out. In the past I tried to type the market to buy back cheaper and got burned. I found out just buy, DCA and hold you gain so much overtime.', '1chysfv'], ['u/RiskRambo', 29, '2024-05-02 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25yb78/', 'This seems like a very odd time to be selling your bitcoin.', '1chysfv'], ['u/19YoJimbo93', 16, '2024-05-02 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zb92/', '<3 this is the energy we need', '1chysfv'], ['u/jluc21', 22, '2024-05-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zjy1/', 'what happened 3 times? it dropped 20% three times?', '1chysfv'], ['u/Cryptdego', 26, '2024-05-02 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l261ogx/', 'Would you say...power top!?!', '1chysfv'], ['u/cohortq', 12, '2024-05-02 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l264szu/', 'yes', '1chysfv'], ['u/gtbifmoney', 41, '2024-05-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2669g8/', 'At this point, you have to be an actual dumbass to sell, and quite honestly, a gigantic pussy. There are institutions in this now with A LOT more to lose than you, they aren’t gonna just let this crash like the dark ages.\n\ntl;dr - “stop acting like a bitch a come on” - Deebo.', '1chysfv'], ['u/heinzmoleman', 10, '2024-05-02 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l268k8t/', 'If you are a true long term holder then there is never a bad time to buy BTC.', '1chysfv'], ['u/rokman', 40, '2024-05-02 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l269kv9/', 'Saylor doesn’t buy bitcoin, he has a company buy bitcoin while he sells stock and buys hookers and blow', '1chysfv'], ['u/marcio-a23', 27, '2024-05-02 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a7ac/', 'I am doing the same thing \n\nI buy bitcoin with money and hookers with debt', '1chysfv'], ['u/Joeman106', 18, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a9oc/', '… or you could just be someone using it as a store of value to save for things you couldn’t otherwise afford. I bought at 20k and just sold a sixth of it to go to Vegas for my 21st. You can buy more bitcoin but you can’t buy back experiences like that that otherwise couldn’t have happened', '1chysfv'], ['u/don123xyz', 14, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26ae7t/', "Yup, that's what I learned too after a year of trying to time the market. At the end I learned my lesson: just buy and hodl.", '1chysfv'], ['u/gtbifmoney', 11, '2024-05-02 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26cxbe/', 'Yeah, I don’t think the guy that sold 500 BTC for pizzas would agree…', '1chysfv'], ['u/listmann', 10, '2024-05-02 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26odc6/', "If history repeats its going to drop at least to 40k then go to 80k and above, I'm still buying regardless of the price untill I reach 2 BTC, might take me 10 years but wth", '1chysfv'], ['u/BBrillo614', 15, '2024-05-02 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26t4og/', 'I buy once or twice a week a couple hundred bucks or so. That was when it was high and when it was low. But since we broke down to 60k I’ve bought a metric fuck ton\nAka .19535 ;-) I suggest everyone load up and enjoy the ride!!!!', '1chysfv'], ['u/Pafeso_', 10, '2024-05-02 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26xs0u/', 'nuh uh (then buy more)', '1chysfv'], ['u/Awkward_Potential_', 29, '2024-05-02 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2711yu/', 'Exactly. And if it goes down further, who gives a shit. Grow a set and buy more.', '1chysfv'], ['u/enzeipetre', 11, '2024-05-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2797iz/', "DCA down until the next peak. as it's always been", '1chysfv'], ['u/ClassroomCareful935', 10, '2024-05-02 06:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27b4g6/', "We've had 7 months up. One or more months down is to be expected, also in a bull market. Not sure why this wouldn't be a dip.", '1chysfv'], ['u/grey-doc', 15, '2024-05-02 07:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27h51x/', 'It happens in every bubble in every asset since forever.\n\nAnd then one day one of the bubbles cuts a little deeper and everyone becomes sad.', '1chysfv'], ['u/grey-doc', 12, '2024-05-02 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27j412/', 'The old generation built huge corporations that will give you money in exchange for a piece of your life. A deal with the devil, I say, but a deal that ends with more hodling.', '1chysfv'], ['u/NeitherShift9027', 21, '2024-05-02 13:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l288l79/', 'Managed to go from 0.21 to 0.30 in this dip. Pretty happy with that.', '1chysfv']]], ['u/JacksonRiot', 'Armory Deck: Boltyn', 124, '2024-05-02 02:05', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/', 'What do you think Boltyn needs in this [product](https://fabtcg.com/products/booster-set/armory-deck-boltyn/)?', 'https://www.reddit.com/gallery/1ci1jvf', '1ci1jvf', [['u/bluLoL', 39, '2024-05-02 02:17', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l269k5b/', "WOW! I can't wait to spend $40 to not have a play set of lumina ascension!", '1ci1jvf'], ['u/jovietjoe', 10, '2024-05-02 02:27', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26b553/', 'I 100% guarantee there will be zero copies. The Kayo deck proved that their "this is a playable deck" hype was a fucking joke.', '1ci1jvf'], ['u/Razorcrest999', 16, '2024-05-02 02:29', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26bfux/', 'This really needs a full playset of V of the vanguard and lumina ascension. Hopefully they give us at least that as it’s clear that boltyn isn’t able to do much without those. In terms of equipment I expect to see refraction bolters and gallantry gold, and a new head and chest. The head will probably be made the “chase” equipment and the chest will be a worse version of soulbond resolve or light of sol.', '1ci1jvf'], ['u/insidiousimpact', 13, '2024-05-02 02:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26c04n/', 'chase equipment is confirmed to be the legs as well as playset of yellow light dreacts', '1ci1jvf'], ['u/typhyr', 16, '2024-05-02 02:37', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26cnz0/', '3 spirit of war, take it or leave it', '1ci1jvf'], ['u/mcp_truth', 29, '2024-05-02 03:00', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26g0rs/', 'If Boltyn gets the Kayo treat then the new equipment will be whats exciting', '1ci1jvf'], ['u/Jon_Targaryen', 18, '2024-05-02 03:02', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26gabm/', 'Boots that charge on block and yellow d react that blocks 3 and if charged gives an attack -2', '1ci1jvf'], ['u/KingVape', 38, '2024-05-02 03:08', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26h8fc/', 'After the Kayo one containing no good reprints, I just can’t pretend to be excited for this.', '1ci1jvf'], ['u/senecalp', 29, '2024-05-02 03:16', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26ih4i/', 'At least this one shouldn’t immediately be DOA with the hero going LL shortly after it is released.', '1ci1jvf'], ['u/lovesahedge', 11, '2024-05-02 03:33', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26l0fd/', "Perhaps soon we will have a product for new players that seasoned collectors won't complain about not being for them", '1ci1jvf'], ['u/Razorcrest999', 12, '2024-05-02 06:51', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l27awvz/', 'They explicitly aren’t. They’re supposed to be armory power level decks that’ll help you learn how a hero is supposed to play for new players that want to play at their LGS', '1ci1jvf']]], ['u/Afraid_Base_3304', 'Ver case court documents wrong?', 26, '2024-05-02 03:14', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/', 'I was looking over the unsealed court filing and saw something that stood out as being wrong. \nNow I need someone to double check and see if I\'m wrong or the court filings are wrong. \n\n\nLink to docket https://www.courtlistener.com/docket/68485421/1/united-states-v-ver/\nPage 7 lists 4 wallets and all are wrong but #4 but i\'ll focus on just one for now. \n\n\nDocket says "These four clusters held bitcoins on February 3, 2014, as follows:"\n1JKPkpDFruDNjFKQ5upDkB2CbstbR3RtE7 = 2,000.9710 Bitcoins on 2/3/2014\n\n\nBlockchain shows that wallet only ever having 1070.64 BTC\nhttps://www.blockchain.com/explorer/addresses/btc/1JKPkpDFruDNjFKQ5upDkB2CbstbR3RtE7\nTotal Received = 1070.64000000 BTC\n\nI found this in about 10 minutes so probably more to be uncovered if I\'m right about this.', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/', '1ci3085', [['u/Bitcoinopoly', 14, '2024-05-02 04:15', 'https://www.reddit.com/r/btc/comments/1ci3085/ver_case_court_documents_wrong/l26r63l/', "You're only looking at a single address and not the whole wallet.", '1ci3085']]], ['u/polloponzi', 'The real reason for Bitcoin under-performance lately: The DTCC has forbidden leverage (margin usage) for all the Bitcoin ETFs', 38, '2024-05-02 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/', 'If you have paid a bit of attention to the current price action you may have noticed some odd things:\n\n Bitcoin is down quite a lot (-4% in 24H)\n* Other cryptos are not following, some of then even rising.\n* Stock market companies related to Bitcoin are going down much less or even rising like MicroStrategy and several miners (MARA, RIOT)\n\nWhy is that?\n\nWell, it seems that [the DTCC has passed a rule on April 30th](https://twitter.com/blckchaindaily/status/1784011897236529556) that requires broker dealers to ensure their customers have 100% marging for the Bitcoin ETFs, which means no leverage for them on this positions.\n\nThat explains why clients will sell Bitcoin ETF spot and buy miners or $MSTR (can keep up the exposure to the asset and the leverage)\n\nStay calm and stake sats!', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/', '1ci4ws0', [['u/moonpumper', 59, '2024-05-02 06:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27apy0/', 'This seems great for long term, get the ass hat gamblers out', '1ci4ws0'], ['u/JynsRealityIsBroken', 43, '2024-05-02 06:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27betj/', "This is just completely untrue FUD-mongering. The DTCC cannot stop hedge funds from leveraging their portfolios in alternative means. Swaps, for instance, would allow for leveraged positions. They could go to a bank and take out a loan with their equity as collateral. That's not the same as margin. They could create a basket with the etf in it and get leverage on that. That would be kind of like the 2008 method.\n\nYeah you can't get an options contract or use broker margin to buy it, but those are not even remotely all the levers a hedge fund can pull to get leverage.\n\nAll this is doing is blocking RETAIL from getting leverage.", '1ci4ws0'], ['u/Popular-Let-4781', 10, '2024-05-02 07:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27d76z/', 'Ah of course, any tiny tick and the entire crypto market implodes 🙄', '1ci4ws0'], ['u/pr0b0ner', 154, '2024-05-02 07:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27dxbj/', 'Uhh... Bitcoin is down 9% in the past 5 days. Microstrategy is down 16% in the past 5 days. How does this equate to Microstrategy doing better than Bitcoin?', '1ci4ws0'], ['u/pr0b0ner', 21, '2024-05-02 07:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27g1e3/', "Haha ok? So it's both at the same time? I'm responding to OPs original point of evidence. I guess we can just take any stance and create a narrative.", '1ci4ws0'], ['u/Chambana_Raptor', 53, '2024-05-02 08:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27jgcv/', "Because we're all dumb. I mean we must be...we're all still clicking on these posts.\n\nOne day we'll learn to stop engaging with every armchair TA expert that wanders in after they missed their first opportunity to take bull market profits 😂\n\nWon't that be nice?", '1ci4ws0'], ['u/EconomicsFriendly427', 15, '2024-05-02 09:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27nmm1/', 'How am I still able to buy a 2x product with margin on robinhood', '1ci4ws0'], ['u/FirstAccGotStolen', 146, '2024-05-02 11:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27z7z5/', "Dude you have no idea wtf you talking about, please stop.\n\nThat's not what the DTCC ruling says at all. It concerns collateral for settlement purposes. DTCC doesn't give a fuck what people do in their brokerage accounts.", '1ci4ws0'], ['u/FirstAccGotStolen', 28, '2024-05-02 11:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l27zc5s/', 'Because OP is full of shit and has no clue what the ruling means.', '1ci4ws0'], ['u/HandsomeAssJoe', 12, '2024-05-02 12:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1ci4ws0/the_real_reason_for_bitcoin_underperformance/l283nor/', 'This is not true at all. Can go to any brokerage and look at their initial and maintenance margin requirements for the BTC ETFs to see that OP is full of shit.', '1ci4ws0']]], ['u/loupiote2', 'Successful recovery from 2014 Bitcoin paper wallet (invalid checksum)', 52, '2024-05-02 04:59', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/', '[Bitcoin paper wallet](https://preview.redd.it/i41nfigrhxxc1.jpg?width=2050&format=pjpg&auto=webp&s=0a9dedd3e6d7b7f00d616f9f2737196358dad475)\n\nSince this recovery is not directly related to ledger, we posted this report in the Bitcoin forum:\n\n[https://np.reddit.com/r/Bitcoin/comments/1ci4xqk/successful\\_recovery\\_from\\_2014\\_bitcoin\\_paper/](https://np.reddit.com/r/Bitcoin/comments/1ci4xqk/successful_recovery_from_2014_bitcoin_paper/)', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/', '1ci54co', [['u/SecretProfessional65', 10, '2024-05-02 08:54', 'https://www.reddit.com/r/ledgerwallet/comments/1ci54co/successful_recovery_from_2014_bitcoin_paper/l27me9p/', 'I love reading these stories.', '1ci54co']]], ['u/Major_Significance59', 'First time using Bisq2 today', 26, '2024-05-02 05:10', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/', "Did my first bitcoin purchase on Bisq today using the new 'Bisq easy' method. It was very smooth. A thank you goes out to all the Bisq developers for the work they have done on the new Bisq2 release.\n\nAnd to everyone who hasn't tried Bisq yet to purchase some non-KYC bitcoin, give it a shot. Start with a small purchase. And you will pay a bit of a premium. But it's worth it.", 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/', '1ci5bxq', [['u/vwkv1', 10, '2024-05-02 11:47', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/l2803y5/', 'We should all slowly start buying/selling P2P.', '1ci5bxq'], ['u/FunWithSkooma', 12, '2024-05-02 12:09', 'https://www.reddit.com/r/Bitcoin/comments/1ci5bxq/first_time_using_bisq2_today/l281zy4/', 'p2p will always be the best', '1ci5bxq']]], ['u/Cizuuu', 'Number Go Up', 58, '2024-05-02 05:33', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/', '\nSo Im reading this book right now, its seems like a very good and also nasty take on crypto as a whole. Zeke Faux offers a fascinating exploration of the speculative frenzy surrounding cryptocurrencies, particularly Bitcoin. Faux delves into the psychology, economics, and cultural implications of the "number go up" mentality that pervades the crypto space. \n\nI think this sheds light on how other people actually see cryptocurrency and bitcoin. It can be a bit provoking since I can sense some bit of jealousy in him after he missed out on dogecoin at 2021 (which he clearly said in the book). \n\nWell the front page is sbf, since I can see he also has some biases against cryptos, along with the axie phenomenon that plagued the Philippines (a ponzi scheme), and the left and right scams within the crypto space. \n\nHe also discussed some interesting takes on tether which pointed out how their reserves was in fact questionable (if they even have that). And how they could be pumping those prices up due to the fact that they kept shitting usdt without something to show for the Proof of reserves. \n\nI just dislike that sbf will be the face of crypto for a long time after the shit he pulled. But you guys should give it a read—if you fellas can read. ', 'https://i.redd.it/s093ux2vnxxc1.jpeg', '1ci5raj', [['u/HappyAndVegan', 23, '2024-05-02 07:50', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l27gq97/', 'Hey the book is epic, give OP a break.', '1ci5raj'], ['u/DonkeyOfWallStreet', 20, '2024-05-02 09:26', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l27p1x3/', 'As the king of the hill meme goes, those guys would be awfully upset if they could read.', '1ci5raj'], ['u/ironvultures', 11, '2024-05-02 13:33', 'https://www.reddit.com/r/Buttcoin/comments/1ci5raj/number_go_up/l28akbh/', 'Listened to the audiobook. It’s a great and digestible history of cryptocurrency’s incredible failures.', '1ci5raj']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 02, 2024', 29, '2024-05-02 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/', '1ci693m', [['u/sgtlark', 12, '2024-05-02 07:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27g90v/', "Doesn't that mean that BTC will be subject to less manipulation?\n\nIf I get this right the ETFs will be now configured as a mean to hodl which is what we may want from retail and the mythical institutional investors. I mean BTC clearly doesn't work as a currency as of now or in the predictable foreseeable future (don't care what permabulls with laser eyes say). But it's got a track record to work as a store of value (very volatile, conceded). \n\nThis rule would make the ETFs more as a way to hodl for long term gains (speculate long term volatility) rather than to trade short term gains (speculate short term volatility). It is not necessarily bad, especially if the institutional investors want to add BTC to their balance sheets (that's really the only reason I can see institutions buying BTC)\n\nOn the other hand we all like to see the glass as half full and every coin's got two faces.", '1ci693m'], ['u/_TROLL', 15, '2024-05-02 07:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27h2te/', 'The fewer degenerate gambling addicts in this space, the better off everyone else will be.', '1ci693m'], ['u/Yodel_And_Hodl_Mode', 24, '2024-05-02 08:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27ix61/', "I know it's nothing, but I spent $400 on sats tonight. At this price, I couldn't resist. In the process, I drained my checking account all the way down to $20 until payday... which, luckily, is tomorrow. That's also my regularly scheduled DCA day.\n\nMan, I love it when my DCA lines up with a sale. Oh, hell yeah!", '1ci693m'], ['u/Zirup', 10, '2024-05-02 09:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27phta/', "I'm holding out for a deeper drop, probably means it won't come.", '1ci693m'], ['u/baselse', 33, '2024-05-02 09:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27qyp1/', 'Some hopium for who likes TD9 Indicator (Tom Demark Sequential). \nToday we hit 9 on the daily, and the last two times that happened were bottoms:\n\nJan 25 2024, then up 84% (39900 to 73700)\n\nAug 20 2023, then up 87% (26100 to 49000)', '1ci693m'], ['u/jogeer', 16, '2024-05-02 10:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uc9i/', 'So we were all expecting green months until the top and if that doesn’t happen the bull market is over?', '1ci693m'], ['u/nationshelf', 11, '2024-05-02 10:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27ul1q/', 'Chart overlays from previous cycles suggests sideways through summer then up in the fall', '1ci693m'], ['u/Dry-Wienner-7100', 12, '2024-05-02 10:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uofg/', "Whut, it's basically the same price as yesterday", '1ci693m'], ['u/a06play', 10, '2024-05-02 10:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27uxmu/', "Good morning, good afternoon everyone.\n\nIf we follow the upward trend line from mid oct 23 we can still drop to the low 50's and still put in a higher low. Bullish!\n\n[https://imgur.com/a/YrjXG2D](https://imgur.com/a/YrjXG2D)\n\n(Ignore the retarded inverted cup and handle i drew)", '1ci693m'], ['u/Defacticool', 10, '2024-05-02 11:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l27zbar/', "Sounds good! \n\nDo you have some knowledge of it's past performance beyond just the last 2?", '1ci693m'], ['u/btctrader12', 14, '2024-05-02 12:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2827qm/', 'It seems that more people are expecting low 50s than back to the 60s here. I don’t think it hits their bids', '1ci693m'], ['u/baselse', 14, '2024-05-02 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l282l0c/', 'Sure, the TD9 moments before that were:\n\nJul 22 2023, flatline after, but the candle bodies were so thin that TD9 had no relevance\n\nMar 10 2023, then up 58% (19500 to 31000)\n\nSep 21 2022, then up 18% (18100 to 21400) interrupted by covid crash Nov 2022\n\nJun 18 2022, then up 43% (17600 to 25200)\n\n\n\nAll these dates marked a clear bottom.', '1ci693m'], ['u/Defacticool', 11, '2024-05-02 12:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l286ttr/', "Ok fine I'll buy your hopium \n\nThat does sound very bullish", '1ci693m'], ['u/1Lost_King1', 16, '2024-05-02 13:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l288rs9/', 'Let’s hope USA will not dump and we can start the claim back towards the 60k and back in the 70k range', '1ci693m'], ['u/WaldoInWalden', 20, '2024-05-02 13:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28abtz/', 'The Fear and Greed index is at 43 today with a "Fear" reading. It\'s lower now than its last local low on Jan 23rd of this year with a Bitcoin price of \\~$39k. Love to see it', '1ci693m'], ['u/Cultural_Entrance312', 20, '2024-05-02 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28k7em/', 'Let’s hope the pain is over. The good thing about the drop is that it is cooling off a lot of the longer-term overbought indicators and getting rid of a lot of weaker hands. I think the drop to 56.5 area multiple times, corresponds to a major support area that was once resistance from the 2021-time frame.\n\nOn the hourly, BTC RSI is at 59.3 (average 46.9) at time of writing. Nearby resistance are 59, 60.5, 61.7, 63, 64.1, 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 56.7, 55.7 and 54.5.\n\nThe daily RSI is 35.4 and its average is currently at 44.1. I believe a falling wedge has formed and BTC was rejected at the upper resistance of it. BTC is near the lower support line of that wedge, about 55.8. \xa0Same resistances/supports as I mention in the hourly. The drop to 56.5 created a big crab sandwich going back to February 28.\n\nBTC closed for the 4th week in a row in the red. This hasn’t happened since last year and I haven’t seen a 5^(th) week of red, after halving ever, so this will also be a first. BTC has been over bought for most of the time since October 2023 and its average RSI has been overbought since the start of the year. It has cooled significantly and is currently 58.8 (77.3 average). A flag formation has formed, BTC wicked through it a couple hundred bucks but is back in the pattern. If this is a continuation pattern and is the midpoint, the target would be about 137.5k+/-. Main resistances were noted above.\n\nBitcoin closed April out in the red. BTC has cooled off, it’s monthly RSI is 64.6. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May should be the last month of red or turn green.\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/oDxIkoe6/](https://www.tradingview.com/x/oDxIkoe6/)\n\nDaily: [https://www.tradingview.com/x/66Y8T29s/](https://www.tradingview.com/x/66Y8T29s/)\n\nWeekly: [https://www.tradingview.com/x/WpQe0EZP/](https://www.tradingview.com/x/WpQe0EZP/)\n\nMonthly: [https://www.tradingview.com/x/cERcQpnE/](https://www.tradingview.com/x/cERcQpnE/)', '1ci693m'], ['u/1Lost_King1', 20, '2024-05-02 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28l3i4/', 'BlackRock says sovereign wealth funds, pension funds, and endowments will trade spot #Bitcoin ETFs soon.', '1ci693m'], ['u/baselse', 10, '2024-05-02 15:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28mck0/', 'Wanted to ask the same thing. But found it here: \n[https://bitcoinmagazine.com/business/blackrock-sovereign-wealth-pension-funds-considering-bitcoin-etfs](https://bitcoinmagazine.com/business/blackrock-sovereign-wealth-pension-funds-considering-bitcoin-etfs) \nThe question remains: Which interview are they talking about?', '1ci693m'], ['u/dopeboyrico', 12, '2024-05-02 15:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28mw1u/', '[Looks like Robert Mitchnick, BlackRock’s head of Bitcoin and crypto had an interview with Coindesk.](https://www.forbes.com/sites/digital-assets/2024/05/02/blackrock-insider-reveals-shock-sovereign-wealth-fund-interest-in-bitcoin-after-etf-price-boom/?sh=628893386f70)', '1ci693m'], ['u/OnTheWayToTheM00N', 11, '2024-05-02 15:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28r8tr/', "It makes sense now why price drop, helping their buddies get a good entry. Fine. Let's get it over and done with.\n\n* drops pants and bends over *", '1ci693m'], ['u/a06play', 10, '2024-05-02 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28s3gj/', 'the only thing im selling is my ass to buy more BTC!', '1ci693m'], ['u/AverageUnited3237', 12, '2024-05-02 15:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28sy57/', "Couldn't resist dipping my toes here a bit... Got another .1 worth of IBIT, just moving funds around in my IRA. Sold NVDA for IBIT today. Buy low, sell high, right?", '1ci693m'], ['u/Magikarpeles', 23, '2024-05-02 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28tg0o/', "Just like the saying goes: Trade in May if you're cray", '1ci693m'], ['u/logicalinvestr', 19, '2024-05-02 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28u0x4/', "I am cautiously optimistic that the price didn't fall off a cliff with ETF selling at market open.", '1ci693m'], ['u/mrlegday', 42, '2024-05-02 16:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28vpp8/', "So what we saw in the past 2 month was a classis distribution of whales and long term holders \nThe evidence is clear with volume exploding around 70k, whales addresses shrinking and GBTC \nwhich is held by long term holders has seen massive flows. \nFunding was high 2 months ago and OI reached ATH $36B. \n \nWe are now at 8 weeks of down trend, whales and long term holders selling around 70k triggered weak hands selling around 2 weeks ago. \nThe volume in the past 2 weeks was low yet we went down constantly as demand at the mid 60's was low, \nI suspect alot of the selling in the past 2 weeks came from new buyers this is also evident by the outflows from the new ETF's. \nLeveraged position also closed quite significant amount at that period around $7B up until 2 days ago. \nWhat I think happened is that leveraged position started closing together with weak hands into low demand, this caused the price to go down as more and more of them panicked from price decreasing.\n\n2 days ago we saw a big drop in price (10% daily) together with OI flushing another $2B, and funding going negative. \nThe drop to around 56500 attracted buyers as the spot volume on Binance showed more significant buying.\n\nNow for the short term we just had the halving about a week ago I think once we stabilize, the missing supply will have a serious affect on the market. \nFed announced tappering of QT starting on June about $40B a month, this is significant number and the psychological effect should not be underestimated either. \nOn the technical overall this drop is already 23% and is 8 weeks long.\n\nI think a 30% drop is still possible meaning 52K is still on the table (also there's a support at that price level), but judging by all of the above I think that waiting for that price is abit risky if you're still bullish. \nI think the bull has only started and as BTC matures we should and we do see volatility decreases, as such 23% is a good number.\n\nI've opened a small long yesterday and added today significantly. \nI'll double the long if we hit \\~52k, but I'm not sure if its going to hit, at this point I don't think we are starting a bear market.", '1ci693m'], ['u/a06play', 15, '2024-05-02 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l28x7g4/', "We are not in a bear market, there is no reason to even think that we are. Only thing is how low into the 50's can we go and for how long, once that is out of the way back into the 60's and up.", '1ci693m'], ['u/AccidentalArbitrage', 15, '2024-05-02 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l291pu5/', "In a few short months you've gone from despair and saying you'd never post in this sub again, due to a dip, to buying those dips. \n\nYou've come a long way, bravo 👏", '1ci693m'], ['u/xtal_00', 19, '2024-05-02 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l294g4x/', 'Thanks for the discount sats yesterday.', '1ci693m'], ['u/AverageUnited3237', 11, '2024-05-02 16:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l294i7h/', "Thanks, trying to not let price dictate my emotions and trying to approach the market with more of a level head. I know where this is going long term, so I'm not trying to get caught in the short term noise.", '1ci693m'], ['u/mork1985', 19, '2024-05-02 17:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l297ti2/', 'Hadn’t seen it added, and I know it’s small potatoes, but BNP Paris allocated to IBIT in Q1 from their filing.\n\nHopefully a trickle will turn into a flood…\n\nhttps://x.com/bitcoinmagazine/status/1785952365951975884?s=46&t=C4V3QFGqwj7N72B1NKXv_g', '1ci693m'], ['u/bobsagetslover420', 11, '2024-05-02 17:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l299fpr/', 'Good thing most people are calling the bottom again. Definitely worked the last 50 times', '1ci693m'], ['u/Odd_Occasion_563', 24, '2024-05-02 18:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29ff9h/', 'Good thing Reddit posts are the key drivers of market movement 🤡', '1ci693m'], ['u/a06play', 17, '2024-05-02 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29j8h3/', "Timmy reads r/BitcoinMarkets and tells mother someone said it's going down, mother tells father, father tells Bob at the bar, the barman hears and smashes the sell button, spreads on his socials he heard some business men talk about bitcoin going down. News spreads all over tiktok about insider info, youtubers pick up on it, (random r/BitcoinMarkets user) watches it, posts about it going to 30k, Timmy reads the post....\n\nI hope I didn't offend anyone by putting Timmy's father being the business man and not his mother as the business woman, but she's an absolute milf and doesn't need to work.", '1ci693m'], ['u/CosbyTeamTriosby', 11, '2024-05-02 18:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29mff0/', 'does anyone know the ratio of red vs green days bitcoin has had in, say, the last 10 years?', '1ci693m'], ['u/classna', 29, '2024-05-02 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29o3oh/', 'Back at 59k after 4 years. Imagine my surprise', '1ci693m'], ['u/AccidentalArbitrage', 17, '2024-05-02 19:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29r9no/', "You didn't get enough downvotes posting this yesterday?", '1ci693m'], ['u/John_Crypto_Rambo', 12, '2024-05-02 19:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l29wst1/', 'I just got this [exclusive pic](https://pbs.twimg.com/media/GMgW7RfWsAE31mt?format=jpg&name=medium) of ETF buyers.', '1ci693m'], ['u/itsthesecans', 37, '2024-05-02 20:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a1hac/', 'I just happen to have spreadsheet handy with prices from 6/20/2011 thru 12/5/2023.\n\n4465 Days total\n\n2292 Up\n\n2173 Down', '1ci693m'], ['u/itsthesecans', 14, '2024-05-02 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a3buf/', 'What can I say, I like to do analyses on an asset I have a substantial amount of my net worth in. Maybe its just me.', '1ci693m'], ['u/escendoergoexisto', 10, '2024-05-02 20:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a4bz1/', 'Awesome! Thanks for sharing this.', '1ci693m'], ['u/Outrageous-Net-7164', 18, '2024-05-02 20:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a7z89/', 'I desperately need a bull run continuation. Had a none regulated find pull a FTX on my this Morning. Luckily I’ve only lost 50k but there was over 10m in the fund. \n\nBTC will fix this.', '1ci693m'], ['u/John_Crypto_Rambo', 14, '2024-05-02 20:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a80m1/', 'I tried AI and they had no clue. You are irreplaceable, itsthesecans.', '1ci693m'], ['u/AverageUnited3237', 12, '2024-05-02 20:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2a9ihw/', "How can a betting strategy be conservative exactly...? Gambling isn't really an activity that one can consider to be conservative. Feel free to share as much/as little as you'd like. That sucks man. Im really sorry to hear about this.", '1ci693m'], ['u/dopeboyrico', 10, '2024-05-02 22:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2aoghh/', 'Lower high of $59.3k broken.\n\nRemaining lower highs acting as areas of resistance are at $60.7k, $64.7k, $65.2k, $67k, $67.2k, $67.9k, $71.2k, $71.7k, $72.7k, and then ATH at $73.7k.\n\nAfter 6 consecutive days of net spot ETF outflows will spot ETF’s flip back to net inflows in order to help break a couple areas of resistance? We’ll see.', '1ci693m'], ['u/Beastly_Beast', 32, '2024-05-02 22:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2aqqsp/', 'Have some hopium! [https://imgur.com/omE1XMX](https://imgur.com/omE1XMX)\n\nThe Next Several Days Are Critical™️', '1ci693m'], ['u/zephyrmox', 11, '2024-05-02 22:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2attsp/', 'MSTR is tempting me a bit again. I know it will only bring me stress.', '1ci693m'], ['u/btctrader12', 11, '2024-05-02 22:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2auuvo/', 'Usually when we’ve had strong crashes that mark the beginning of a bear market, the volume has been much higher and volatility spikes. In this case, the volume has been very low and volatility is still going down. This will most likely end up being a fakeout', '1ci693m'], ['u/d1ez3', 10, '2024-05-02 23:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2b1bvw/', '$500,000 confirmed by Christmas. Thanks', '1ci693m'], ['u/xtal_00', 12, '2024-05-02 23:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1ci693m/daily_discussion_thursday_may_02_2024/l2b4sfr/', 'Not many folks interested in selling down here. Bleed back up.', '1ci693m']]], ['u/Nice_Bear7522', 'Most haunted places in Hamilton?', 31, '2024-05-02 06:04', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are touring Oz, NZ, and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nOur bands studio album, An Unkindness, features members of Pearl Jam, New Found Glory, and Agent Fresco. Last year, we played Stephen Kings 75th birthday celebration. Next year, our upcoming single, “Feel Like a Fugitive”, will be on the soundtrack of Grand Theft Auto 6.\n\n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=wzVPNVoxTdin2JSg9AnGow', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/', '1ci6chv', [['u/Nice_Bear7522', 21, '2024-05-02 06:09', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l2765s3/', 'Errr, I clearly put NZ and Oz in the introduction. 🤷', '1ci6chv'], ['u/ammatheron', 27, '2024-05-02 06:16', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l276zeb/', "Tokanui Psychiatric Hospital about an hour south of hamilton. Not sure if been demolished yet and if it hasen't there might be a guard there because it's run down asf lol\n\ngratz on getting a track into GTA 6!", '1ci6chv'], ['u/EastSideDog', 10, '2024-05-02 06:16', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l277020/', 'Is the old hotel in Waitomo still around? That place is probably Haunted, not far out of Hamilton, you could also try the old Mental Hospital in Tokanui, they have guards and stuff there.', '1ci6chv'], ['u/rossbagsciggiedrags', 51, '2024-05-02 06:40', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l279nt3/', "If you can't secure a venue at one of these haunted places, get in touch with 'lastplace' it's a dive bar in Hamilton which puts on good gigs, only place in town which suits the bill I think", '1ci6chv'], ['u/Additional-Maize3980', 16, '2024-05-02 07:09', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27crym/', "Ex wife's house", '1ci6chv'], ['u/AshNdPikachu', 11, '2024-05-02 07:34', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27f8sg/', 'yeah tokanui is guarded, but you might be able to contact them (although im not sure how) and ask for permission to film there, they just dont like intruders', '1ci6chv'], ['u/Nice_Bear7522', 10, '2024-05-02 07:55', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27h5r2/', 'Seating capacity?', '1ci6chv'], ['u/gmcg01', 15, '2024-05-02 08:04', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27hz94/', 'Second this. Last Place is the best place.', '1ci6chv'], ['u/Additional-Maize3980', 23, '2024-05-02 08:05', 'https://www.reddit.com/r/thetron/comments/1ci6chv/most_haunted_places_in_hamilton/l27i2a4/', 'Unlimited, also has easy entry - front door, back door wide open.', '1ci6chv']]], ['u/Rod_Todd_This_Is_God', 'The disappearance of the /r/RBI moderators', 463, '2024-05-02 06:29', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/', 'In the sidebar for this subreddit, you will find a list of moderators for the RBI subreddit, an invitation to message the moderators about any queries or concerns, and a claim that moderation logs are publicly available.\n\nHowever, there are as far as I know no known instances of the moderators (if they exist) ever replying to queries or concerns relayed to them as messages, and the link that purportedly brings us to the public moderation logs leads to nowhere in my computer\'s browser and to a "Bitcoinprotocol,org" site on my phone.\n\nMy investigation has led nowhere. Even my replies to comments they leave begging me ("please") to contact the moderators go unanswered. Do these people really exist? If so, what\'s the explanation for their delinquency? Why do they pretend that the moderation logs are publicly available?', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/', '1ci6rvk', [['u/Edgar_V483', 119, '2024-05-02 06:44', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27a32x/', "This is the first mystery I've seen upon arrival, truly this quite the conundrum", '1ci6rvk'], ['u/qgsdhjjb', 45, '2024-05-02 07:45', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27gaol/', 'Bet they got too close to the truth ;)', '1ci6rvk'], ['u/crvz25', 453, '2024-05-02 08:13', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27itax/', 'Sometimes even the bureau itself needs to be investigated', '1ci6rvk'], ['u/yappledapple', 14, '2024-05-02 09:17', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27oafw/', 'Maybe they quit when several subs shut down over changes?', '1ci6rvk'], ['u/mookie8809', 65, '2024-05-02 09:27', 'https://www.reddit.com/r/RBI/comments/1ci6rvk/the_disappearance_of_the_rrbi_moderators/l27p58k/', 'This make me laugh out loud', '1c... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Block(NYSE: SQ)Q1 2024 Earnings CallMay 02, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block first quarter 2024 earnings conference call. Today's call will be 45 minutes. And I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our first quarter 2024 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward looking. These forward-looking statements include discussions of our outlook, strategy and guidance, as well as our long-term targets and goals.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nWe may decide to shift our priorities or move away from these targets and goals at any time. These statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered an indication of future performance.\nPlease take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further discussion during this call of Cash App's banking services referred to those offered by our bank partners.\nWithin these remarks, we will also discuss metrics related to our investment framework, including Rule of 40. With Rule of 40, we are evaluating the sum of our gross profit growth and adjusted operating income margin. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our investor relations website.\nThese non-GAAP measures are not intended to be a substitute for our GAAP results. Finally, this call, in its entirety, is being audio webcast on our investor relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nThank you all for joining us. In the last two quarters, I focused my shareholder letter on our priorities for Square and Cash App strategy to become one of the top providers of banking services. This quarter, my letter was focused on the Bitcoin strategy. If you haven't yet, please read that letter for details.\nBefore Amrita talks about our performance, there was a news report yesterday I wanted to address directly. In general, these sorts of stories can lack full context. First, we do not believe that there are any new investigation in the Block, but rather that these reports relate to the existing inquiry by the DOJ that we've previously disclosed. Second, there was critical information omitted from the article when it was first published.\nIn 2022, our compliance engineering risk team, who proactively investigates threats, identified signals that lead us to conduct a thorough review of transactions potentially associated with sanctioned countries. We voluntarily reported these to the Office of Foreign Assets Control, OFAC, where we were transparent with them, and we stand by the scope of the transactions that were included in the report. OFAC then issued us a No Action Letter in which they determine no further investigation or action was needed at the time. This is how the process is supposed to work and this outcome not originally included in the article.\nThird, as it relates to preventing terrorist financing via Bitcoin, we have a robust control environment in place to mitigate exposure from adversaries. For instance, we use industry-leading blockchain analytics firms to screen transactions in real time. We also maintain some of the most restrictive limits in the industry for on-chain Bitcoin withdrawals, which are deliberately calibrated to prevent bad activity. And of course, we require identity verification for customers engaging with our Bitcoin products and file suspicious activity reports when warranted, which is an important contributor to keeping the broader financial ecosystem safe and secure.\nWe take compliance seriously at Block. Our culture of compliance is foundational to our work. We have a radically transparent culture that supports us. Employees are empowered to raise issues through multiple channels, including directly to me or anonymously through our whistleblower hotline.\nWe continuously improve our compliance program based on the number of different inputs, including self-identified issues, audits and guidance from our regulators. Adversaries have always and will continue to try to exploit the global financial system. No company is perfect at preventing this. Our work is to constantly be steps ahead of their attacks through better use of technology.\nThis includes leveraging industry-leading machine learning models and product controls aimed at detecting and preventing bad activity in real time. It's an always-on part of our business, and it always will be. And with that, I'll turn it over to Amrita to talk about the quarter.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. I'll keep my remarks brief as we've included information on our performance and guidance in the financial discussion of our shareholder letter. We delivered strong results across the company during the first quarter. Gross profit was $2.09 billion, up 22% year over year, consistent with the fourth quarter.\nAdjusted EBITDA was $705 million, nearly doubling year over year. And adjusted operating income was $364 million, up seven times year over year. By business, Cash App's gross profit was $1.26 billion, up 25% year over year. And Square's gross profit was $820 million, up 19% year over year.\nGross profit outperformance compared to our guidance was mostly driven by Cash App. We saw strength across Buy Now, Pay Later, Bitcoin, Cash App Borrow and Cash App Card, where we had 24 million monthly actives. Inflows per active were up 11% year over year in the quarter for our highest growth since the fourth quarter of 2021. Square's GPV growth in the quarter was in line with our expectations as we saw continued moderation in same-store sales growth.\nThis was more than offset by strong attach rates on our broader ecosystem of software and banking products. Our profitability improved as we showed discipline across a range of expenses, ending the quarter below our 12,000-person cap and achieving leverage on corporate overhead expenses. For the 12 months ending in March, adjusted free cash flow was $1.1 billion, up more than 2.5 times compared to the prior 12 months, and represented 50% of adjusted EBITDA, an improvement, compared to the 36% conversion rate in the prior period. Turning to our expectations for the remainder of the year.\nWe are raising our full year 2024 guidance for both gross profit and profitability, not only reflecting the Q1 outperformance but also reflecting our raised expectations for the remainder of the year. For full year 2024, we are now expecting gross profit of at least $8.78 billion or 17% growth year over year. We expect Cash App's gross profit growth to moderate slightly from the first quarter's 25% as we lap some meaningful pricing and structural cost benefits, with relatively stable growth from the second quarter through fourth quarter. For Square, we expect gross profit growth to moderate from the first quarter's 19% growth rate as we lap strong banking performance and pricing changes from the prior year.\nIn the back half of the year, we expect GPV growth to be stable to improving behind more favorable same-store growth comparisons, with a narrowing delta between gross profit and GPV growth rates. We continue to focus on initiatives that improve our product velocity. These include several upcoming launches that further our strategies for Cash App and Square, most notably testing and rolling out Afterpay on Cash App Card and for Square, completing the orders migration this summer and conversion to a single app by year-end. These initiatives remain on track, and we expect them to benefit our growth into 2025 and beyond.\nFor profitability in 2024, we are now expecting at least $1.3 billion in adjusted operating income or 15% margins on gross profit. With efficiency initiatives underway to improve our structural costs and corporate overhead, we also see opportunities to invest in the back half of the year in high-return areas like sales and marketing that can drive future growth. Our updated guidance now implies a Rule of 32 for full year 2024. This is an improvement compared to 2023 and compared to our prior guidance of at least a Rule of 29 and progresses us toward our goal of achieving Rule of 40 in 2026.\nWith that, I'll now turn it back to the operator to start the Q&A portion of the call.\nOperator\n[Operator instructions] And your first question comes from Tien-tsin Huang at J.P. Morgan.\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nI wanted to, Jack, follow up on a question I asked you last quarter. I think, you mentioned that you expect much higher or faster product velocity from Block across the board, so just wondering if you can give us a progress report on that. Are you close to where you wanna be in launching and enhancing products? And I'm curious if some of the unannounced products that you're focused on are more about entering new categories is what I call it or are they more incremental to what you already have in place? I know a lot of investors have asked me about that, so I'll ask you.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. So we're focused on our development velocity in two main ways. One is making sure that we're much stronger in our engineering and design disciplines. We're putting much more focus on that work.\nThis did a big change here with Square just recently, to reorganize the team, to be more focused on engineering and design. And we'll start seeing that play through more and more in our work. And the second way we're doing is scoping, making sure that we're focused on the most important things. On the Square side, the most important thing that I want us to focus on right now is reliability, making sure that we stay up for sellers and that we have ways for them to work even if their networks fail, such as the off-line mode.\nThe second most is what we've talked about in the past, the focus on local and food and beverage. And there's a number of things that we're doing immediately to help not only with retention but with acquisition. Amrita mentioned our single app, which is on track to launch this year, so that we have a very simple call to action. Download Square and you have everything you need, including all of our banking products within one app.\nAnd then, onboarding is another big one. We have successfully taken our onboarding flow for Square sellers from about 15 steps and something that took people close to 20 minutes to complete down to two steps and takes under five minutes. We rolled it out to a small audience and watched what they're doing. And we saw all positive results, some much more positive than we're expecting, so we're gonna be rolling out that in the coming months.\nAnd that should have a pretty great effect on how we sign up new merchants. And most importantly, that they see more of our ecosystem and they want to stick around. And as we've talked about in the past, I think the best differentiator for us is the banking aspect of our ecosystem on the Square side. To the second point of your question, I think both on Cash App and Square, there are new products, of course, but there's a lot of work to get to parity with some of our competitors.\nThere's a lot of work to put some of the features that we've had into the hands of millions such as Afterpay on the Cash Card, which is going to continue to expand out this year and something we are super excited about. So a lot of work that is more iteration. And of course, we have some new products that we're thinking about as well. But the iteration stuff is really going to unlock a lot of new customers for us, we believe.\nOperator\nAnd we will take our next question from Timothy Chiodo with UBS.\nTim Chiodo--UBS -- Analyst\nI want to dig in a little bit on Cash App direct deposit net adds and the run rate that you might be seeing for new users. So last quarter, you mentioned that the addition of overdraft protection was helping to drive record gross adds for DD users. So I was wondering if the combination of that, plus high-yield savings and live phone support and maybe some other features, have really helped to maybe step up that run rate. So part of it is where is the run rate gone to today? And then, the second part is, if it could potentially step up further with the addition of maybe some newer products around Billpay or, as you mentioned, Afterpay being worked into the cash card or cash card BNPL as we call it.\nAmrita Ahuja--Chief Financial Officer\nTim, thanks for the question. Our top strategic priority, as you know, for Cash App is banking our base, which is about bringing more financial services to our 57 million monthly actives. Banking is not a new concept for us, but it is one that we started prioritizing in a more meaningful way recently. The last few years, we've been seeing organic adoption of direct deposit.\nNow we're focusing our efforts on driving this higher and winning that longer-term relationship with our customers. What we saw in March was that paycheck deposit actives grew on a quarter-over-quarter basis, with paycheck volumes growing faster than overall inflows. And as we think about continued growth here, there's two key areas of focus: one, around the product; and second, around how we go to market with those products. From a product perspective, we're not only prioritizing table stakes features but also how we can make those offerings more compelling than what you can get at a bank.\nWe're hearing our customers say they want products that allow them to bank without any worries. That's paying with checks. That's Billpay. That's a web offering.\nAnd we're hearing from our customers that they want to achieve their financial goals. That's initiatives around card spending insights, around our savings initiative, around Afterpay on Cash App Card. From a go-to-market perspective, with all of these products, and as we bring them together, we'll be looking to package these products in a way that makes it easier for customers to discover and understand our offerings through the app. Again, that's bundling that's packaging.\nAnd then, it's testing incentives and other ways to drive conversion. We haven't done much of that yet in terms of our go-to-market efforts with direct deposit. But you'll see us do much more of this as the features come together in the back half of this year and into next year. Similar to what we've seen with Cash App Card or with Cash App Borrow, it takes time.\nIt takes some time, several years, to get these to scale to where they are today. And we think similarly with bank or base and direct deposit, it's a multiyear effort, but it's one that we have deep conviction on and are very excited about.\nOperator\nWe will take our next question from Darrin Peller with Wolfe Research.\nDarrin Peller--Wolfe Research -- Analyst\nIt's great to see the ongoing improvement in EBITDA and the guide you guys gave now, a more notable increase than we expected so far, while at the same time, balancing it, with growth being strong. So I guess, in that context, if you can just give us a little more color on what you're identifying in terms of efficiencies now that it was able to drive that uptick? And maybe what's on the horizon? What else do you see in the model that can drive further progress on efficiencies for EBITDA going forward?\nAmrita Ahuja--Chief Financial Officer\nDarrin, thanks for the question. I'll start with the first quarter and then talk about what we're looking out for the full year. Obviously, what you saw, the first quarter was our highest-profitability metrics ever and a beat at the high end of our guidance of about $119 million from an adjusted OI perspective, with again, nearly doubling in terms of EBITDA on a year-over-year basis. I think, there's kind of three key things to point out.\nObviously, there's continued strong growth and momentum across each of the two ecosystems, Square and Cash App, with 19% growth and 25% growth, respectively. But from an expense discipline perspective, three key things I'd call out. First is our personnel cap, which is driving the right level of sharpening our strategy and prioritization and scoping our work, as Jack mentioned, and we remained under our 12,000-person cap at the end of the first quarter. Second, it's driving leverage across each of our areas of corporate overhead, whether it's T&E or professional fees, real estate, software and data fees.\nAnd third, it's around our structural costs and continuing to focus on ways that we can improve there. And do want to note, as we've called out in our shareholder letter, in the first quarter, we also benefited from $52 million in out-of-period items in Q1, mostly related to the releases of risk-loss provisions established in prior periods. So that's an important thing to note for the first quarter. More broadly, when we look at the full year, from a profitability perspective, we've raised our profitability expectations both in EBITDA and adjusted-OI basis not only for the full amount of outperformance relative to the high end of our guidance for Q1 but also an improved expectation for the remainder of the year where we expect to keep screws tight in terms of discipline and efficiency in how we run our business, but where we also see the flow-through of strong incremental margins in each of our businesses as we continue to grow Square and Cash App strongly for the remainder of the year, but also leaving room for us to invest in growth initiatives in the back half of the year.\nThat should benefit our future growth, particularly around sales and marketing. So those are the different levers that we're looking at and why we think we can drive continued profitability through the remainder of the year.\nOperator\nAnd we will take our next question from Harshita Rawat with Bernstein.\nHarshita Rawat--AllianceBernstein -- Analyst\nAmrita, can you elaborate on the drivers and quarterly cadence of the gross profit growth of 17%? You gave some first half, second half color earlier, but just maybe talk a little bit more there and also about the assumptions for Cash App and Square. And then also, just as a follow-up, Borrow and Square Loans scaled nicely over the past year and year or so. What determines your ability and willingness to continue to grow this revenue stream as credit is less benign?\nAmrita Ahuja--Chief Financial Officer\nSure. So let me start on our gross profit growth assumptions for the remainder of the year. So obviously, we've raised our full year guidance on both gross profit and profitability. We now expect gross profit of $8.78 billion, at least $8.78 billion for the full year, that equates to about 17% growth year over year.\nThat reflects both the outperformance during the first quarter mostly from Cash App with a modest beat from Square, as well as improved expectations for the remainder of the year. If you look at sort of breaking that down into its component parts, we expect Cash App will grow slightly faster than Square this year. We are gonna be lapping some of the structural cost improvements in the back half of the year. And our implied guidance for the second half demonstrates, at a Block level, mid-teens gross profit growth expectation with these changes around structural cost and pricing mostly behind us.\nMany of the key growth initiatives and strategies that we're hard at work at now and plan to be ramping through the back half of this year, whether it's Afterpay on Cash App Card, orders migration or the single app model, we expect to benefit our growth into 2025 and are less of a 2024 impact. That's sort of the cadence and the puts and takes around the remainder of the year. I think, the second question that you asked was around Borrow. We have seen strong growth on Borrow in the first quarter, with originations up more than two times year over year.\nThis is while we've been able to scale this product responsibly, with loss rates in line with what we've shared historically. This is growth that's primarily driven by increasing the number of loan actives while maintaining strict eligibility requirements. And not only does Borrow have strong positive unit economics on its own, net of risk loss as a stand-alone product, but it drives a really compelling ecosystem benefit through greater inflows into Cash App that are then spent or invested across a number of different monetized products. In fact, we see nearly 40% of Borrow monthly actives making a transaction on Cash App Card after receiving a Borrow loan.\nAnd we've seen strong conversion rates from those offered loans and repeat usage. Similar to what we see on a Square Loans product or a Buy Now, Pay Later product, we see that these products are very short in duration and act as sort of cash flow management or working capital products. So similarly with Borrow, we see repeat usage across Borrow monthly actives. And it's an area that we feel very strong about our machine learning and risk-loss capabilities behind the growth of this product, and so we are excited to continue to keep ramping it for our customers.\nOperator\nWe will take our next question from Ramsey El-Assal with Barclays.\nRamsey El-Assal--Barclays -- Analyst\nI wanted to ask about the integration of Afterpay and Buy No, Pay Later with the Cash App Card. How should we think about sizing the opportunity? In other words, which cash card customers or how many card customers would be eligible to use the Buy Now, Pay Later capability? And also, do you have any preliminary view of what the product might look like? Will users be able to toggle between credit and debit in the app, for example? Are there any other integrations like that that you could share with us?\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. I mean, so we're really excited about this integration. Just some context for you, we acquired Afterpay some time ago, and I would say that we forced an integration way too quickly. And now, having a fixed a bunch of those issues, the team is really executing on two main things.\nOne is discovery. And that is within the Cash App, bringing our Cash App network and bring the Square merchant network together. So a lot of visibility around local and a lot of what we hope to achieve with the power of our combined ecosystems, both on the merchant and the seller side. On the other side of that is the Cash App Card and how large that is and Cash App Pay, how large that network is growing to, and putting Afterpay on top of that as well.\nAfterpay on the Cash App Card, as I said earlier, is super exciting. We have started rolling it out. As with any product, we're looking at how people are using it, and we'll be making decisions on what it ultimately looks like when we roll it out 100% over time based on how people perceive it, how they use it, how they find it valuable or not valuable. But we think it's really exciting.\nAnd it's taking us some tend to get here, but we're finally here, so excited to see it roll out and for you all to be able to use it.\nAmrita Ahuja--Chief Financial Officer\nAnd I'll just add a couple of points of data around that, Ramsey. First, with the opportunity that we've got, with bringing Afterpay to Cash App card, this is having an already built-in audience of 24 million monthly actives who have spent more than $100 billion in total over the past year. Of course, we're going to start small and, as with any lending sort of product, start small and ramp based on the signals that we see, Where eligible actives will be able to easily convert certain purchases into an Afterpay transaction. As Jack said, we've begun testing here already.\nWe've seen strong attach rates and we're excited to scale this in the coming months. This brings visibility and the utility of Afterpay into Cash App much more directly than we've done so far and drive engagement around Buy Now, Pay Later which, on its own, is growing nicely for us: 25% GMV growth, 32% gross profit growth in the first quarter on a year-over-year basis. And it helps merchant partners who have access now to a much bigger network of customers across the Cash App ecosystem. Just the second piece, as Jack mentioned, Cash App Pay.\nThe strength in the growth of Cash App Pay wouldn't have happened if it wasn't for the enterprise sales team that Afterpay has built through the years, driving it across its network of merchants. And now, Cash App Pay is an example of a payment tool that customers can use regularly, and so we're giving customers the Cash App more and more ways that they can spend their funds and more reasons to inflow funds into Cash App. We ended the quarter, March had 4 million monthly actives across Cash App Pay, adding $1 million monthly active each of the last three quarters, while GMV was up 40%, more than 40%, quarter over quarter. So a very strong growth here, and I think more milestones toward proving out the integration between Cash App and Afterpay.\nOperator\nWe will take our next question from Trevor Williams with Jefferies.\nTrevor Williams--Jefferies -- Analyst\nI wanted to dig into seller GPV. The card-not-present in retail growth rates, those have lagged overall GPV growth pretty consistently over the last few quarters, if you could just unpack what some of the dynamics have been within both of those. And then, Amrita, on your comment that GPV growth could potentially accelerate in the second half, how much of that is comp-driven versus potentially starting to see some benefit from some of the go-to-market changes you guys have made?\nAmrita Ahuja--Chief Financial Officer\nYes. I mean, just to very directly answer the end of your question, I think most of it's likely more comp-driven in terms of more favorable comp, but we've got a tremendous amount of work underway that we hope will shift the tide on Square GPV into 2025. Now just to back up, Square GPV in the first quarter was up 9% year over year, which was in line with our expectations that we shared on the Q4 call. Again, gross profit growth, ahead of that based on the strength of our banking products and our SaaS attached products.\nU.S. growth was 6% in the quarter, while non-U.S. growth was 23% or 26% at constant currency. And as you noted, we expect, as we look ahead, to see stable to slightly improving GPV growth in the back half of the year.\nBut we are not satisfied with these growth rates, and we want to turn the tide. We think that increasing product velocity, as Jack shared earlier, and some of our go-to-market changes can improve growth in 2025. Specifically, I would point to orders migration, which helps us with critical features for food and beverage sellers and beauty in salons, like pre-authorization at bars or deposits for service and sellers. That work, as I mentioned earlier, is on track to be completed this summer; or onboarding flows where we're reducing the friction for new sellers to join the Square ecosystem from 10-plus minutes to a much more faster and intuitive onboarding experience.\nWe began testing that new onboarding flow with quick-service restaurant sellers. And as Jack noted, those results are encouraging, so we'll be rolling it out to our other verticals in July. And then, contracts. As we think about our go-to-market motion, our sales team and the tools that we give them are critical to be able to reach the sellers with more complex needs.\nAnd we rolled out contracts in the second half of '23. And what we saw from December to March was that the number of U.S. sales wins that had contracts attached more than doubled. It's early, but we're also seeing cohort retention improvement when contracts are deployed.\nSo we believe that there's more that we can do here as these products and features come together to lean in to go to market, especially in the back half of the year and into the future to improve the trend lines that we see across GPV.\nOperator\nWe will take our next question from Andrew Bauch with Wells Fargo.\nAndrew Bauch--Wells Fargo Securities -- Analyst\nI just wanted to expand on what you just said there around the go-to-market strategies and the improved product velocity. And maybe if you could help us understand what the value proposition of contracts really unlocks for you guys. And maybe if we can just layer that into some of the expanded franchise capabilities that you discussed. I mean, the Bitkey is better, like that's a win for Square that we haven't seen that magnitude in the past.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nYes. Well, just to start on contracts, since you pointed it out, this is something we were against for many years in our funding because we saw what a lot of people were doing to small merchants. They're locking them into these pretty predatory contracts. And we still see some of our peers do this today.\nWe took a slightly different tact on it and also have a different goal. We recognize that there are merchants who appreciate contracts because it helps them with predictability of their cost and it allows us to get them free hardware. So if you were to look at just one point, it would be that. And from December to March, we saw the number of U.S.\nsales wins with contracts attached more than double. So this is really still early for us, but we're looking, we're observing what our peers are doing. We're observing customer needs, and we want to do something that is far more attractive and much better for the seller and therefore, for us. And it's working.\nA big portion of what we are doing on the go-to-market side is we're just experimenting a lot more. I think, in the past, we relied a little bit too much on one thing working. And when that thing didn't work, we switched the thing. Now we are focused on a big thing in our go-to-market, which is like really looking deeply at the product and the onboarding experience, of course, and just really focusing a lot on that, but also looking at doing experiments like field sales, like contracts, everything we've done around verticalization of our sales force.\nAll these things compound. And some of them will work, some of them won't work, and we'll invest heavily in the ones that do. But I think that experimentation mindset and being much faster to recognize when something is working or not working will help us really improve it, mirrored with everything that we're doing on the product side as well. On the franchise capabilities, yes, this is an opportunity for us.\nWe are focused a lot on food and beverage. We know there's a number of gaps that our competitors take advantage of. We are driving those home and fixing all of them. And our first goal is to get to parity on all the features that make us lose in food and beverage.\nAnd then, as we get to that this year, then it's a question of really showing people the depth and the breadth of our ecosystem. And this is where banking continues to be a stronghold for us and something that will really set us apart, in addition to our renewed focus on a better design product and a better engineered product that doesn't fail.\nOperator\nAnd we will take our next question from Jason Kupferberg with Bank of America.\nJason Kupferberg--Bank of America Merrill Lynch -- Analyst\nI wanted to stay here on the Square side for a minute. You had expected the gross profit growth to decelerate in Q1. It's, obviously, accelerated modestly. And I think you said, at a high level, software and banking, obviously, were drivers there.\nBut hoping you could go a little bit deeper into which specific parts of the software and the banking businesses and maybe touch on international a little bit also, just trying to unpack where the sources of upside surprise were because certainly good numbers to see there.\nAmrita Ahuja--Chief Financial Officer\nSure. Maybe just to unpack the drivers on the banking side first. What we saw was first quarter banking gross profit for Square grew 36% year over year and was the key driver of delta between gross profit and GPV growth. Unpacking that a bit more, what we saw was healthy repayment trends and strong organic volume growth drive results this quarter for banking.\nSquare Loans facilitated $1.32 billion in originations, up 17% year over year in the first quarter. Instant transfer also contributed as we lap now, in the second quarter, some of the pricing impacts, pricing increases, that we made in Q2 of last year. And then, gross profit from banking products in our international markets also continue to grow as we add more and more capabilities to more geographies. The recent launches of loans in Japan in January, for instance, has well exceeded our initial expectations.\nClearly, quick access to funds and a seamless product experience are true differentiators relative to existing financing options for SMBs in Japan. From an international perspective, in the first quarter, gross profit markets outside the U.S. grew 38% year over year and represented 13% of Square's gross profit. International GPV was up 23%.\nWe believe there is a significant long runway ahead for growth here as we're less than 1% penetrated in markets outside the U.S. And we've continued to see growth in our deeper vertical points of sale as well across the Square ecosystem. So each of the key strategic and focus areas for us continues to show outsized growth and will be areas that we lean into. Specifically on vertical points of sale, gross profit from products across retail restaurants and appointments grew 24% year over year in the first quarter.\nOperator\nWe will take our next question from Alex Markgraff with KBCM.\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nJust a couple on tax in direct deposit. Of the 40% tax actives, the positive refunds into cash, just curious what sort of overlap there might be with existing payroll direct deposit actives? And then, what exactly is entailed in sort of converting those folks that are not maybe overlapping today? And then, just as a quick follow-up, any sort of indication of inflows growth excluding the impact of any sort of tax refund growth.\nAmrita Ahuja--Chief Financial Officer\nSo as I noted, the paycheck direct deposit inflows grew faster than overall inflows, so that is neutralized for the tax impact in Q1, the sort of seasonal impact in Q1. More broadly, what I'd say about our tax initiative is that it represents a discovery initiative for us in bringing our direct deposit capabilities, the ability to get your funds faster through Cash App, and put it front and center for our customers as they're engaging in a deep financial services offering that we have a free one with taxes. And so, as you look at the broader base of direct deposits in Q1, that's clearly larger than the paycheck direct deposits alone. And we saw growth in that as well.\nBut really, the tax piece is about driving discovery and awareness around our broader financial services offering, including paycheck direct deposits. And it is a potential for us to convert more of those tax direct deposit customers in the paycheck direct deposit customers. A much broader opportunity for us, of course, is, as I mentioned earlier, around the key initiatives that we got from a product perspective around financial services and around bringing all of those initiatives together in bundling and in pricing that's compelling to our customers.\nOperator\nAnd we will take our next question from John Davis with Raymond James.\nJohn Davis--Raymond James -- Analyst\nJack, I just wanted to touch on the recent merchant settlement with the networks, both on the surcharging side, as well as the interchange cuts, and just thoughts on how that impacts the merchants and Square more specifically.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nSorry, what are you talking about here?\nJohn Davis--Raymond James -- Analyst\nSorry, the merchant settlement with Visa and Mastercard on the ability to surcharge, as well as the cut in interchange going into effect next year.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nI'm not sure how to answer the question. I haven't spent much time on this particular issue. I do know that it is an active conversation for a lot of sellers and their customers, and different countries have different policies on this. We don't have a surcharge ability on Square right now.\nWe are rolling that out in Australia where it is something that most merchants do. But no other comment on this.\nJohn Davis--Raymond James -- Analyst\nOK. Then maybe just Amrita, just a quick question on the sustainability of the 1,000-basis-point difference and kind of GPV growth in Square of 9% versus 19%. I know you noted Square banking growth was like mid-30s for the quarter. But how should we think about the relation between GPV growth and seller and GP growth throughout the balance of the year?\nAmrita Ahuja--Chief Financial Officer\nYes. As I noted in the interim remarks, what we expect to see is a narrowing of the gap or the delta between gross profit growth and GPV growth. That's as we see GPV growth in the back half of the year, we expect to be stable to improving behind more favorable same-store comparisons. So that's sort of the expectation that we see for the remainder of the year.\nAnd we expect gross profit growth to moderate a bit from the first quarter, 19%, as we lap some of that stronger banking performance and pricing changes from the prior year. Obviously, all of our key initiatives the Jack's been referencing related to Square. From a product and go-to-market perspective, we're hard at work on and believe that, as they hit throughout the remainder of the year, can turn the tide from the 2025 perspective.\nOperator\nAnd we will now take our final question from Bryan Keane with Deutsche Bank.\nBryan Keane--Deutsche Bank -- Analyst\nCongrats on the solid results here. I just want to ask about Afterpay. It really seemed to have turned a corner, with volume now having consistently growing 25% the last couple of quarters. Can you just maybe talk high level what's changed for Afterpay to get better growth? And then, obviously, the gross profit growth jumped this quarter to be higher than the volume.\nMaybe what are those drivers and the outlook there?\nAmrita Ahuja--Chief Financial Officer\nSure. I can start on this, which is we saw strong growth in the quarter, as you noted, both from a GMV perspective, and even more so from a gross profit perspective, GMV being similar to our Q4 growth rate at 25% but with gross profit at 32%, which is higher than the fourth quarter growth rate. What we saw with Afterpay was strong customer acquisition across both consumers and merchants with growth driven by single-use payments and our gift cards offering. Single-use payments is our product that allows customers across the U.K., U.S.\nand Australia to shop via the Afterpay app and merchants that aren't in Afterpay's network, so a broad set of merchants. And that enables us to reach highly engaged customers through personalized merchant recommendations in the app while also offering a flexible payment offering. And gift card is a product that allows eligible customers to purchase an online gift card from a variety of leading retailers and then spread it out across four payments with Afterpay. Afterpay's enterprise sales team also has been driving a strong pipeline of new merchant growth across all of these products, our core Buy Now, Pay Later products, as well as some of these newer products.\nSome of these newer products also do have improved monetization rate relative to Buy Now, Pay Later. And that, I think, is some of what you're seeing come through in terms of the stronger gross profit growth. Stepping back more broadly to the first part of your question, what's changed here is, as Jack noted, we've reset on our strategy and reorganized our team. Afterpay is now fully embedded in the Cash App ecosystem and operating at a high level of excellence between our sales team, our product-led teams and our customer-facing teams.\nAnd so, we're excited to see what's ahead not only for some of the stand-alone Afterpay initiatives but also the deeper integrations that we're doing with Afterpay on Cash App Card and with Cash App Pay, which has now strong growth, of which I think is very much attributable to the Afterpay team as well.\nOperator\n[Operator signoff]\nDuration: 0 minutes\nNikhil Dixit--Head of Investor Relations\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nAmrita Ahuja--Chief Financial Officer\nTien-Tsin Huang--JPMorgan Chase and Company -- Analyst\nTim Chiodo--UBS -- Analyst\nDarrin Peller--Wolfe Research -- Analyst\nHarshita Rawat--AllianceBernstein -- Analyst\nRamsey El-Assal--Barclays -- Analyst\nTrevor Williams--Jefferies -- Analyst\nAndrew Bauch--Wells Fargo Securities -- Analyst\nJason Kupferberg--Bank of America Merrill Lynch -- Analyst\nAlex Markgraff--KeyBanc Capital Markets -- Analyst\nJohn Davis--Raymond James -- Analyst\nBryan Keane--Deutsche Bank -- Analyst\nMore SQ analysis\nAll earnings call transcripts\nThis article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.\nThe Motley Fool has positions in and recommends Block. The Motley Fool has adisclosure policy.\nBlock (SQ) Q1 2024 Earnings Call Transcriptwas originally published by The Motley Fool", '• Stocks closed higher on Thursday ahead of Apple earnings and the April jobs report.\n• Economists predict 240,000 job gains for April, a slowdown from 303,000 in March.\n• Bank of America\'s Savita Subramanian said the stock market has more room to run even without a rate cut.\nUS indexes closed higher on Thursday ahead of Apple\'s earnings and a key labor report set to be published Friday morning.\nMajor averages edged up on Thursday, halting the two-day decline as mega-cap tech equities led the way while Treasury yields dipped.\nNvidiaspearheaded the rebound with nearly a 3% increase, whileMicrosoftgained roughly nearly 1%. Investors are bracing forAppleearnings after the closing bell, with the stock rising more than 2% heading into the results.Expectations are mixed, with investors eyeing slumping demand in China and a weak iPhone upgrade cycle.\nOn Friday, all eyes will be on the April nonfarm payroll report as a key indicator of the Fed\'s next move. Economists surveyed by Dow Jones predict 240,000 job gains, marking a deceleration from303,000 jobs added in March.\nCiti Bank\'s Veronica Clark recently said in a note that falling quits align with survey data indicating rapidly declining employment prospects, and slower hiring has coincided with an increase in unemployment.\n"We continue to see downside risks for upcoming employment reports, including April payrolls on Friday," she said in a note.\nMarkets have regained momentum since Fed Chairman Jerome Powell calmed investors fretting over the prospects of a rate hike coming this year, saying that a move up in the fed funds rate would be unlikely.\nBank of America\'s US equity head, Savita Subramanian, has said the stock market has more room to run even without looser monetary policy.\nWith high rates likely sticking around for longer, shetold Bloomberg TVon Thursday that "this is actually kind of a reasonable setup for equities."\n"I think we\'re going to a soft landing, with a reasonable market environment, maybe better growth ahead than what we\'re used to, higher rates and a little bit higher inflation," she said.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,064.22, up 0.91%\n• Dow Jones Industrial Average:38,225.66, up 0.85% (+322.37 points)\n• Nasdaq Composite: 15,840.96, up 1.51%\nHere\'s what else is going on:\n• Elon Musk has turned Tesla into a meme stock, economist J. Bradford DeLong says.\n• Billionaire \'bond king\' Bill Grosssays soaring Treasury issuance means bond yields can\'t come down anytime soon.\n• The specter of stagflation is back in the news.BofA says investors should buy these 2 areas of the market to capitalize.\n• The stock market\'s sell-off is overand the Fed gave 5 bullish signs to investors at its latest meeting, Fundstrat\'s Tom Lee says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude was about flat at $79.03 a barrel.Brent crude, the international benchmark, was up 0.3% to $83.70 a barrel.\n• Goldinched up to $2,312.30 an ounce.\n• The 10-year Treasury yield ticked down to 4.579%.\n• Bitcoinwas up 2.8% to trade at $59,217.\nRead the original article onBusiness Insider', "Coinbase Global(NASDAQ: COIN)Q1 2024 Earnings CallMay 02, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase first quarter 2024 earnings call. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase first quarter 2024 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using the Say Technologies platform to enable our shareholders to ask questions, and in addition, we will take some live questions from our research analysts. With that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. Q1 was a very strong quarter. We generated more adjusted EBITDA than we did all of last year. Keeping our cost structure low while continuing to innovate is really paying off.\nTo kick off today's call, I wanted to provide a progress update on the 2024 priorities that I shared on our Q4 call. As a refresher, they are fir Last 60 Days of Bitcoin's Closing Prices: [68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-03 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,225,100,635,200 - Hash Rate: 564979119.3860149 - Transaction Count: 442742.0 - Unique Addresses: 537019.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks climbed Thursday following Jerome Powell's testimony to Congress. • The S&P 500 and Nasdaq both hit record highs in trading. • Traders on Friday will be assessing the February nonfarm payroll report. US stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year. In his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won't begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy. The economy has proved resilient so far despite monetary policy tightening, in Powell's view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate. The S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively. Nvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple's market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy. Meanwhile, Thursday's jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations. Traders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January. Optimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America's top brass.Business Roundtable's quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years. Across the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:5,157.34, up 1.03% • Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points) • Nasdaq Composite:16,273.38, up 1.51% Here's what else is going on: • The stock market's most popular valuation tool isonly useful for the long term, an equity strategist said. • Bitcoin is replacing goldin many investors' portfolios. • Today's stock market ismissing two key bubble ingredients. • Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024. • China has snapped up a huge amount of gold for16 months in a row. • JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly. In commodities, bonds, and crypto: • Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel. • Goldedged higher 0.4% to $2,166.70 per ounce. • The10-year Treasury yieldedged lower to 4.09%. • Bitcoinclimbed 0.47% to $67,512. Read the original article onBusiness Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", "The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", '• US stocks soared on Friday, with the Nasdaq 100 closing higher by about 1% for the week.\n• Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher.\n• "The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation\'s David Russell said.\nUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year.\nTheUS economy added 175,000 jobs in April,well below economists\' forecast of 238,000 jobs and far short of the 303,000 added in March. Meanwhile, the unemployment rate ticked higher, to 3.9% from 3.8%. The jobs report also showed the slowest year-over-year wage growth since June 2021.\n"Worries about wage pressures have dragged on the market recently and today\'s number relieves some of those fears. The first quarter had several difficult numbers on the inflation front but the second quarter might be starting on a cooler footing. The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said in comments to Business Insider.\nThe light jobs report should ultimately give the Fed more flexibility in speeding up the timing of rate cuts, and bond yields fell significantly with that sentiment in mind. The 10-year Treasury note dropped 8 basis points to 4.50%.\nAlso helping boost stocks Friday wasApple, which surged about 7% afterit reported a better-than-feared second-quarter earnings report.The iPhone maker also launched a historic $110 billion stock-buyback program and increased its quarterly dividend by 4%, which was cheered by investors.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,127.79, up 1.26%\n• Dow Jones Industrial Average:38,675.68, up 1.18% (+450.02 points)\n• Nasdaq composite:16,156.33, up 1.99%\nHere\'s what else happened today:\n• Here\'s a breakdown of Apple\'s second-quarter earnings reportand comments from the company\'s earnings call.\n• The stock market\'s bull run will end in either a bubble or a recession, the Bank of America strategist Michael Hartnett said.\n• Apple\'s $110 billion stock-buyback program is worth more than the total value of companiesincluding Boeing, Chipotle, and Airbnb.\n• Treasury Secretary Janet Yellen voiced concerns to Congress about the difficulty of buying a starter home in America.\n• Amgen soared 16% after it talked up its new weight-loss drugthat could be administered monthly instead of weekly.\n• Trump Media stock dropped after the SEC charged its auditor with "massive fraud."\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.15% to $78.04 a barrel.Brent crude, the international benchmark, declined 0.98% to $82.85 a barrel.\n• Goldedged lower by 0.13% to $2,306.60 an ounce.\n• The 10-year Treasury yield fell 8 basis points to 4.50%.\n• Bitcoinjumped 4.51% to $61,748.\nRead the original article onBusiness Insider', "Retiring a millionaire doesn't happen by accident. It takes years of patience, discipline, and steady investment returns. Because of their simplicity, exchange-traded funds can be the perfect fit for any long-term investor.\nExchange-traded funds, or ETFs, are buckets of individual stocks that trade under one ticker. It's a simple way for investors to diversify their portfolios because a few ETFs can expose you to hundreds of companies.\nIt's still important to invest based on your personality and risk tolerance. So, here are three very different ETFs that can help you build wealth over decades and potentially hit that million-dollar mark by the time you retire.\nConsider starting with the basics. That would point you to theVanguard S&P 500 ETF(NYSEMKT: VOO), one of only two ETFs Warren Buffett's company,Berkshire Hathaway, holds in its multibillion-dollar stock portfolio. The idea of this fund is simple. TheS&P 500is an index of 500 of America's most prominent companies. Think of the household names that everyone, even non-investors, knows. The index weighs them by theirmarket capto make the index, which has historically been remarkably effective at building wealth, averaging roughly 10% annual returns over the long term.\nVanguard S&P 500 ETF's top-10 largest positions include:\n1. Microsoft: 7.08%\n2. Apple: 5.63%\n3. Nvidia: 5.05%\n4. Amazon: 3.73%\n5. Meta Platforms: 2.42%\n6. Alphabet Class A: 2.01%\n7. Berkshire Hathaway Class B: 1.73%\n8. Alphabet Class C: 1.70%\n9. Eli Lilly & Co: 1.40%\n10. Broadcom: 1.32%\nYou should include this fund in your portfolio because the S&P 500 ultimately represents the best companies from the world's best economy. It's always recovered from wars, recessions, and other crises to hit new highs. You don't have to make it overly complicated. Just buy and hold this stand-in for the broader stock market.\nTruly diversifying your investments means stepping outside the world of individual companies and considering new assets altogether. Consider theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC). This is the prominent ETF centered aroundBitcoin.\nGrayscale Bitcoin Trust ETF offers the best of both worlds. Investors can benefit from Bitcoin's price movement by owning shares, which have far outpaced the broader stock market over the past decade. Why would you own the fund instead of just buying Bitcoin? Well, owning shares of the fund is handled just like owning any other stock. You can stash it in your stock portfolio, and the security is monitored by the Securities and Exchange Commission (SEC).\nMeanwhile, owning Bitcoin yourself could mean having to deal with storing the tokens, which could backfire if you forget your password, which has infamously locked some early Bitcoin investors out of their millions of dollars worth of crypto. Grayscale Bitcoin Trust ETF is theeasy buttonof investing in Bitcoin, and there's nothing wrong with going that route.\nLet's stick with the theme of new asset classes. Sometimes, investors want passive income and aren't necessarily interested in maximizing price-based returns. TheiShares 20+ Year Treasury Bond ETF(NASDAQ: TLT)could be for you. It's a fund of U.S. Treasury bonds, all with at least 20 years remaining until maturity.\nThe fund has averaged a nearly 4% yield over the past 12 months and 4.75% over the last 30 days. Its beta of 0.6 implies that the fund is less volatile than the broader stock market. In other words, the iShares 20+ Year Treasury Bond ETF is a glacier where investors can store money and expect safe passive income relative to stocks.\nInvestors in their 20s can probably avoid this fund due to its conservative nature; they have the time horizon to lean wholly into maximizing growth. However, it would be best to consider adding some Treasury bonds to your portfolio as you age and your margin for investing error shrinks. Treasury bonds are a great place to find low-risk income; this fund makes it easy for you.\nBefore you buy stock in Vanguard S&P 500 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Vanguard S&P 500 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Justin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Bitcoin, Meta Platforms, Microsoft, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nWant $1 Million in Retirement? 3 ETFs to Buy Now and Hold for Decades.was originally published by The Motley Fool", 'MOSCOW (Reuters) - Alexander Vinnik, a Russian suspected cybercrime kingpin who was arrested in Greece in 2017, convicted of money laundering in France three years later and is now awaiting trial in California, has pleaded partially guilty, TASS news agency cited his lawyer as saying on Saturday.\nThe lawyer, Arkady Bukh, said that as a result of the plea bargain he now expected Vinnik to get a prison term of less than 10 years.\n"He pleaded guilty on a restricted number of charges," TASS quoted Bukh as saying, adding that Vinnik had faced life imprisonment.\n"The culmination of the negotiations was a deal with the prosecutor\'s office. We expect that the prison term will be up to 10 years."\nVinnik, accused of laundering more than $4 billion through the digital currency bitcoin, was arrested in 2017 in Greece at the request of the United States, although Moscow has repeatedly demanded he be returned to Russia.\nHe was extradited to France from Greece where he was sentenced to five years in prison for money laundering before he was sent back to Greece and then on to the United States in 2022.\nThe U.S. Department of Justice has said Vinnik "allegedly owned, operated, and administrated BTC-e, a significant cybercrime and online money laundering entity that allowed its users to trade in bitcoin with high levels of anonymity and developed a customer base heavily reliant on criminal activity."\nThe maximum penalty for the U.S. charges against Vinnik is 55 years in prison, according to the U.S. Department of Justice website.\n(Reporting by Vladimir Soldatkin; Editing by Frances Kerry)', "History shows that during bull markets,Bitcoin(CRYPTO: BTC)miners almost always outperform the cryptocurrency itself. Yet over the past few months, Bitcoin miners have been hit particularly hard as investors poured intospot Bitcoin ETFsas a means of Bitcoin exposure via the stock market, a role miners previously served. Making matters worse, Bitcoin recently underwent its fourthhalving, an event that cut the block reward paid to miners in half, effectively cutting their main source of revenue.\nFor miners, without a significant price surge, they face a serious challenge to stay afloat and keep their stock prices up. While history has shown that halving usually precedes surges in Bitcoin's price and pulled many mining stocks with it, investing in this industry isn't easy. Before choosing a Bitcoin mining company to your portfolio, make sure you consider these three things.\nFacing a significant decrease in revenue, one of the clearest strategies to offset the effect of the halving is to increase mining production. Therefore, investors should prioritize companies that have clear strategies and initiatives in place to scale up their mining operations.\nThis requires investments in additional mining hardware, infrastructure, and operational resources. Investors should seek out companies that demonstrate a commitment to expanding their mining capacity and have concrete plans for growing operations.\nTypically, the easiest way to quantify just how much a company plans on growing its capacity is by evaluating a metric known as hash rate. Measured in exahashes per second (EH/s), the general thinking goes that the greater the hash rate, the more Bitcoins a company can mine. While only one part of the equation that goes into researching a company's potential, investors should make sure they are choosing miners with clear plans to increase hashrate.\nWhile increasing production is essential for maximizing revenue, it is equally, and likely more, important to ensure that a company's mining operations are efficient and cost-effective.\nEfficiency in Bitcoin mining is closely tied to the cost of electricity, which is one of the most significant expenses for mining operations. Optimizing efficiency can be accomplished in three primary ways.\nFirst is access to cheap energy sources. With readily available energy at a low cost, companies can power more computers to mine Bitcoin.\nThe second factor is related to mining equipment. Like any computer, older models typically consume more energy. In addition, they also require additional resources to keep equipment from overheating. Companies that invest in new miners are better suited to keep costs low. Not to mention, they're also more capable when it comes to mining Bitcoins.\nThe third aspect comes down to pure business operations. Investors should focus on investing in companies that have proven experience managing maintenance costs, have minimal operational overhead, and few financial liabilities.\nAdd it all up, and like hash rate, there is a simple way to measure each company's efficiency. Found on almost every company's quarterly earnings statements is the average cost it takes to mine one Bitcoin. In a perfect world, a company would have a high hash rate with a low average cost per Bitcoin mined.\nThe majority of Bitcoin mining companies share more similarities than differences. However, each one possesses some characteristic that makes them unique. Let's call them X factors. These distinguishing factors can play a crucial role in helping investors evaluate and differentiate between mining companies.\nThese X factors can come in various forms. For instance,Riot Blockchain's(NASDAQ: RIOT)unique energy consumption model sets it apart from the crowd. Located in Texas, Riot benefits from access to cheap and inexpensive energy. But due to Texas' unique energy grid, it also has the ability to sell surplus electricity back to the grid when the cost to mine Bitcoin would outweigh potential profits.\nSimilarly,Marathon Digital Holdings(NASDAQ: MARA)stands out with its introduction of Bitcoin sidechains, representing a strategic move to diversify revenue streams and expand its business operations. While still in its early stages, the potential of Bitcoin sidechains to generate additional income presents an exciting opportunity for Marathon and underscores its forward-thinking approach to innovation within the industry.\nThese X factors are just two small examples, but they serve as essential considerations for investors seeking to identify potential winners in the Bitcoin mining sector. By carefully evaluating each company's unique attributes and assessing their implications for future growth and profitability, investors can make informed decisions and identify potential winners in the highly competitive Bitcoin mining sector.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRJ Fultonhas positions in Bitcoin and Riot Platforms. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Halving and Bitcoin Mining: 3 Things to Know Before Investing in This Explosive Industrywas originally published by The Motley Fool", "History shows that during bull markets,Bitcoin(CRYPTO: BTC)miners almost always outperform the cryptocurrency itself. Yet over the past few months, Bitcoin miners have been hit particularly hard as investors poured intospot Bitcoin ETFsas a means of Bitcoin exposure via the stock market, a role miners previously served. Making matters worse, Bitcoin recently underwent its fourthhalving, an event that cut the block reward paid to miners in half, effectively cutting their main source of revenue.\nFor miners, without a significant price surge, they face a serious challenge to stay afloat and keep their stock prices up. While history has shown that halving usually precedes surges in Bitcoin's price and pulled many mining stocks with it, investing in this industry isn't easy. Before choosing a Bitcoin mining company to your portfolio, make sure you consider these three things.\nFacing a significant decrease in revenue, one of the clearest strategies to offset the effect of the halving is to increase mining production. Therefore, investors should prioritize companies that have clear strategies and initiatives in place to scale up their mining operations.\nThis requires investments in additional mining hardware, infrastructure, and operational resources. Investors should seek out companies that demonstrate a commitment to expanding their mining capacity and have concrete plans for growing operations.\nTypically, the easiest way to quantify just how much a company plans on growing its capacity is by evaluating a metric known as hash rate. Measured in exahashes per second (EH/s), the general thinking goes that the greater the hash rate, the more Bitcoins a company can mine. While only one part of the equation that goes into researching a company's potential, investors should make sure they are choosing miners with clear plans to increase hashrate.\nWhile increasing production is essential for maximizing revenue, it is equally, and likely more, important to ensure that a company's mining operations are efficient and cost-effective.\nEfficiency in Bitcoin mining is closely tied to the cost of electricity, which is one of the most significant expenses for mining operations. Optimizing efficiency can be accomplished in three primary ways.\nFirst is access to cheap energy sources. With readily available energy at a low cost, companies can power more computers to mine Bitcoin.\nThe second factor is related to mining equipment. Like any computer, older models typically consume more energy. In addition, they also require additional resources to keep equipment from overheating. Companies that invest in new miners are better suited to keep costs low. Not to mention, they're also more capable when it comes to mining Bitcoins.\nThe third aspect comes down to pure business operations. Investors should focus on investing in companies that have proven experience managing maintenance costs, have minimal operational overhead, and few financial liabilities.\nAdd it all up, and like hash rate, there is a simple way to measure each company's efficiency. Found on almost every company's quarterly earnings statements is the average cost it takes to mine one Bitcoin. In a perfect world, a company would have a high hash rate with a low average cost per Bitcoin mined.\nThe majority of Bitcoin mining companies share more similarities than differences. However, each one possesses some characteristic that makes them unique. Let's call them X factors. These distinguishing factors can play a crucial role in helping investors evaluate and differentiate between mining companies.\nThese X factors can come in various forms. For instance,Riot Blockchain's(NASDAQ: RIOT)unique energy consumption model sets it apart from the crowd. Located in Texas, Riot benefits from access to cheap and inexpensive energy. But due to Texas' unique energy grid, it also has the ability to sell surplus electricity back to the grid when the cost to mine Bitcoin would outweigh potential profits.\nSimilarly,Marathon Digital Holdings(NASDAQ: MARA)stands out with its introduction of Bitcoin sidechains, representing a strategic move to diversify revenue streams and expand its business operations. While still in its early stages, the potential of Bitcoin sidechains to generate additional income presents an exciting opportunity for Marathon and underscores its forward-thinking approach to innovation within the industry.\nThese X factors are just two small examples, but they serve as essential considerations for investors seeking to identify potential winners in the Bitcoin mining sector. By carefully evaluating each company's unique attributes and assessing their implications for future growth and profitability, investors can make informed decisions and identify potential winners in the highly competitive Bitcoin mining sector.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRJ Fultonhas positions in Bitcoin and Riot Platforms. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThe Halving and Bitcoin Mining: 3 Things to Know Before Investing in This Explosive Industrywas originally published by The Motley Fool", "Back in October, investment firm Bernstein predicted thatBitcoin(CRYPTO: BTC)would skyrocket to a price of $150,000 by mid-2025. At the time, Bitcoin was trading for around $35,000, the new spot Bitcoin ETFs had not yet been introduced, and the much-anticipated halving had not yet occurred.\nSix months later, it's safe to say that everything is going according to plan. In fact, Bernstein recently doubled down on its $150,000 price forecast for Bitcoin. As they see it, the case for investing in Bitcoin has become more attractive than ever. So, despite the recent dip in price, should you be buying Bitcoin?\nAccording to Bernstein, the primary factor in Bitcoin's favor right now arethe new spot Bitcoin ETFs. Ever since their launch in January, they have accumulated more than $30 billion in assets under management. By just about any metric, they have been a huge success.\nThe top ETF by a wide margin is theiShares Bitcoin Trust(NASDAQ: IBIT), which has pulled in a staggering $17 billion all by itself. It now holds over 200,000 bitcoins, or more than 1% of all Bitcoin now in circulation. Until the very end of April, this ETF had a staggering 71-day run of positive inflows. This is one of the best performances of all time for a new ETF, and until recently, it seemed like the money was never going to stop flowing.\nWhile spot Bitcoin ETFs have been approved all over the world, from Canada to Hong Kong, they aren't even close to matching the new U.S. Bitcoin ETFs in terms of size. Back in October, Bernstein estimated that these U.S.-based ETFs would eventually account for 10% of all circulating Bitcoin, or about 2 million bitcoins.\nThat leads me to think that we still have quite a ways to go with this Bitcoin ETF cycle. Most notably, we are still only at a point where investment advisors are recommending a portfolio allocation of 1% for Bitcoin. What happens when they start moving that figure even higher, to the 5% level? One would expect the flood of new Bitcoin money to turn into a tsunami, as some originally expected back in October.\nThe really good news is that, even if there is a slowdown in new investor flows into the Bitcoin ETFs, we have a second catalyst to bail us out:the halving. Granted, the halving, which took place on April 19, has been a bit of a nothing-burger to date. On April 19, the price of Bitcoin was $64,000. Heading into May, the price has actually dipped below $60,000.\nBut consider the bigger picture. There have been three previous Bitcoin halving cycles, each one approximately 12 to 18 months in duration. And in each previous Bitcoin halving cycle (in 2012, 2016, 2020), the price of Bitcoin has reached another all-time high after going on an absolutely epic bull market rally.\nSo there's still plenty of time for the halving to work its magic. Nobody -- except a cadre of brave Bitcoin bulls on social media -- seriously expected Bitcoin to skyrocket in value overnight. Bernstein expects Bitcoin to hit $90,000 by the end of this year before going on a monster rally in 2025.\nGiven the above, Bitcoin looks like a strong buy right now. First and foremost, you have the impact of the Bitcoin ETFs. More money flowing into them over the foreseeable future should help to boost the price of Bitcoin. And, as a secondary factor, there's the halving. When taken together, it's easy to see why price forecasts for Bitcoin seem to be rising higher with every passing month.\nOf course, a lot could still go wrong. Geopolitical tensions could boil over in a number of hotspots around the world. Or the U.S. economy could continue to stumble along. But I'll take my chances. Right now, I'm with Bernstein in thinking that Bitcoin could soar to $150,000 by mid-2025. If anything, more uncertainty in the world will only make Bitcoin a better buy than it already is.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency Will Soar 150% By 2025, According to Bernstein. Is It a Buy?was originally published by The Motley Fool", 'The boss of £2.8bn share trading business eToro has poured cold water on the prospect of a London float, saying British technology stocks are “lagging behind” US peers as the Israeli business prepares to go public.\nYoni Assia, the 43-year-old boss of the digital investment business, said market conditions in New York were currently more favourable, as eToro considers a long-awaited debut on public markets.\n“Right now we are at the early stage of markets heating up,” Mr Assia told The Telegraph. “Over the past roughly three to four months you have suddenly\xa0seen the [valuation]multiples come back into fintech and growth\xa0in the USand right now Europe and the UK are still lagging behind.”\nThe suggestion that eToro will snub the London Stock Exchange comes despite the fact that the online trading business makes the majority of its revenues from Europe and the UK – its biggest market. The company, which has over 30 million registered users, employs around 60 people in Canary Wharf.\nBritish technology entrepreneurs and investors have long complained thatAmerica’s public markets offer more generous valuationsand have a deeper pool of investors than the City of London.\nMr Assia’s apparent reluctance to plot a listing in London will fuel fears thatthe stock market is in terminal decline.\nThe London Stock Exchange has recently suffered an exodus of companies through delistings and takeovers,including cyber security business Darktracewhich is in the process of a £4.3bn takeover by private equity. Meanwhile, companies including Cambridge-based chip giant Arm have turned their back on London in favour of listing in New York.\nMr Assia previously told The Telegraph as far back as 2018 eToro was open to a future London listing. However, the prospect that the Israeli fintech champion will choose London over New York appears increasingly remote.\nIn 2022, the Israeli trading business targeted a US listing by merging with a special purpose acquisition company. At the height of booming demand for financial technology stocks, it would have valued the business at over $10bn.\nHowever, the deal fell through last year and eToro is now worth a more modest $3.5bn (£2.8bn) after a $250m funding round last year. That valuation would still make eToro one of the biggest floats on the London Stock Exchange this year, should it choose the LSE.\nMr Assia says the company is in an “active dialogue” about the right location for a float, adding that it would make sense to list where the business has the “highest support of the relevant investors”.\nIts major investors include Japan’s SoftBank and US firms including Wellington, Third Point and Fidelity.\nMr Assia said: “We have been ready [to go public] since 2021. We always need to refresh IPO readiness, but I do think the company is at the size and scale to become a public company.”\nObservers have blamed the waning appeal of the London stock market on low valuations in the UK compared to rival markets, low pay for executives of UK-listed companies and a reluctance by both British money managers and retail investors to buy British.\nMr Assia has built his business on the back of stock and cryptocurrency investment, appealing to retail investors in Britain.\nHowever, he said many of eToro’s clients – particularly younger ones – wanted to invest in US stocks rather than British equities.\nHe said: “A lot of retail investors, younger generations, understand that they need to start educating themselves about the markets, investing in global markets, starting with the US.”\neToro enjoyed a surge in business during the “meme stocks” phenomenon in the pandemic. Speculators around the world bet on unloved companies fuelled by social media braggadocio and FOMO.\nDespite concerns that the trend left young and inexperienced investors nursing losses, Mr Assia defended the meme stock phenomenon.\nHe said: “Young people are often interested in very volatile opportunities. We believe it is okay to try and capture those opportunities, as long as customers are understanding the risks they are taking.”\nMore recently, US technology stocks have enjoyed booming interest from amateur investors who have flocked to popular brands such as Tesla and Apple.\nConversely, the proportion of UK shares held by British individuals has fallen from 12pc in 2021 to 10.8pc in 2022, according to the Office for National Statistics.\nThe Government has been looking at ways to reinforce Britain’s capital markets and boost investment, with Chancellor Jeremy Hunt unveiling a series of reforms in his Mansion House speech last year.\neToro is planning to bolster its offering of London-listed stocks in the coming months, challenging the likes of Hargreaves Lansdown and AJ Bell. Currently, it offers around 300 UK stocks compared to several thousand across the Nasdaq and New York Stock Exchange.\nMr Assia said: “We are planning to add about 1,000 UK stocks in the coming weeks and expanding our relationship with the LSE for better execution.” He recently met with Julia Hoggett, the chief executive of the London Stock Exchange, to discuss the expansion.\neToro is also looking to boost its Isa offering and is receptive to the idea of a British Isa, proposed by Chancellor Jeremy Hunt, which would provide a £5,000 tax-free allowance to invest in UK stocks.\nThere are calls for the Chancellor to go further: investment advisers and brokers have suggested scrapping or reforming stamp duty on share transactions, currently a 0.5pc levy.\nMr Assia said: “It creates a disincentive to trade.”\nSome of eToro’s other offerings are more speculative than simple shares. The Israeli business was quick to offer cryptocurrencies such as Bitcoin, and now provides a variety of the digital assets – many of which have little apparent utility.\nIn 2022, it bought an expensive Super Bowl advert at the so-called “crypto bowl” where companies including Coinbase, Crypto.com and the now bankrupt FTX splashed out on prime-time adverts.\nThe cryptocurrency industry has long attracted scrutiny amid fears it can be used for money laundering and that it is replete with scams. In a report published last week, it emerged the Financial Conduct Authority (FCA) opened 95 money-laundering cases last year against cryptocurrency businesses, out of a total of 375 investigations.\nUnlike many cryptocurrency businesses, eToro is regulated in the UK under the FCA’s crypto asset regime. Mr Assia says the FCA represents the “gold standard” for cryptocurrency trading.\nFounded in Tel Aviv in 2007 by Mr Assia and his brother, Ronen, eToro made profits of more than $100m last year on revenues of $630m.\nDespite its Israeli origins, Mr Assia said he considered Britain and Europe to be eToro’s “home market”.\nIsrael’s tech sector, like the rest of the economy, has been rocked bythe country’s war with Hamas. Workers have been called up to the military, while those staying behind have been forced to retreat to bomb shelters in between meetings.\nMr Assia, who lives in Israel, downplayed the impact on eToro.\nHe said: “We haven’t seen any impact to the day-to-day operations of the company. Roughly half our personnel are in Israel.\n“We have always been prepared from coronavirus to work from home... We are actually required by all the various regulators to have disaster recovery sites and global systems, all of that has been in place.”\nHe added: “We still have a team of developers in Ukraine.”\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', "Cboe Global Markets, Inc. (AMEX:CBOE) Q1 2024 Earnings Call Transcript May 3, 2024\nCboe Global Markets, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Ladies and gentlemen, thank you for standing by. Welcome everyone to the Cboe Global Markets First Quarter Earnings Call. [Operator Instructions] I would now like to hand the call over to Mr. Ken Hill, Vice President of Investor Relations and Treasurer. You may begin your conference.\nKenneth Hill:Good morning and thank you for joining us for our first quarter earnings conference call. On the call today, Fred Tomczyk, our CEO; and Dave Howson, our Global President; will discuss our performance for the quarter and provide an update on the strategic initiatives. Then Jill Griebenow, our Chief Financial Officer, will provide an overview of our financial results for the quarter, as well as discuss our 2024 financial outlook. Following their comments, we will open the call to Q&A. Also joining us for Q&A will be Chris Isaacson, our Chief Operating Officer. I would like to point out that this presentation will include the use of slides. We will be showing the slides and providing commentary on each. A downloadable copy of the slide presentation is available on the Investor Relations portion of our website.\nDuring our remarks, we will make some forward-looking statements which represent our current judgment on what the future may hold. And while we believe these judgments are reasonable, these forward-looking statements are not guarantees of future performance and involve certain assumptions, risks and uncertainties. Actual performances and results may differ materially from what is expressed or implied in any forward-looking statements. Please refer to our filings with the SEC for a full discussion of the factors that may affect any forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, after this call. During this call, we will be referring to non-GAAP measures as defined and reconciled in our earnings materials.\nNow, I'd like to turn the call over to Fred.\nFred Tomczyk:Thanks, Ken and good morning, everyone and thanks for joining us today. I'm pleased to report on strong first quarter results for Cboe Global Markets. During the quarter, we grew net revenues 7% year-over-year to a record $502 million and adjusted diluted earnings per share by 13% to $2.15. These solid results were driven by strong volumes across our Derivatives franchise, specifically our proprietary index option products, continued expansion of our Data and Access Solutions business and disciplined expense management. Our Derivatives business delivered another strong quarter as organic net revenue increased 8% year-over-year. We saw strong volumes across our suite of S&P 500 Index option products with first quarter ADV and the SPX contract increasing 17% year-over-year to 3.2 million contracts.\nWe have also seen solid performance in our volatility product suite during the first quarter with VIX futures and options volumes further accelerating in April. Given the secular and cyclical tailwinds in place, we are well positioned as investors continue to utilize options in their portfolio and trading strategies. Our Data and Access Solutions business continued to perform well during the quarter with organic net revenue increasing 8% year-over-year. We continue to see durability in this business as we leveraged our global network and ecosystem of Data and Access Solutions to drive growth. Net revenue in our Cash and Spot Markets business were stable during the quarter as volume across global equity markets remain muted. Overall, it was a strong quarter for both, transaction and non-transaction revenue growth to start the year.\nI continue to remain focused on 3 priorities that I believe will further strengthen Cboe and support our longer-term growth strategy. First, sharpening our strategic focus on areas where we see strategic growth opportunities for Cboe. Second, the effective allocation of our capital. And third, developing talent and management succession. As part of our strategic review process coupled with the lack of regulatory clarity in the digital space, last week we announced plans to refocus our digital asset business to leverage our core strengths in derivatives, technology and product innovation, while realizing operating efficiencies for both, Cboe and our clients. We plan to transition and fully integrate our digital assets derivatives, currently offered by Cboe Digital into our existing global derivatives, harnessing the power of our global derivatives franchise and global technology platform to help support and fuel growth of the exchange-traded crypto derivatives market.\nWe plan to migrate our cash-settled Bitcoin and Ether futures contracts trading on Cboe's digital exchange to the Cboe futures exchange in the first half of 2025 pending regulatory review and certain corporate approvals. Additionally, we plan to wind down operations of the Cboe Digital Spot Market, our digital asset trading platform in the third quarter of 2024, subject to regulatory review. The lack of clarity on the U.S. regulatory front for the cash spot business, combined with the lack of any timeline to provide that clarity among other considerations has given us cause to change our strategic direction in the digital business to focus on where we have regulatory clarity and leverage our core strengths of derivatives, technology and product innovation.\nWith these changes, we are re-allocating resources to focus on where we see as the greatest opportunity for growth and profitability which is the continued expansion of our global derivatives franchise. On the clearing side, we plan to align and unify our clearing operations globally and intend to maintain Cboe Clear Digital which will continue to clear our Bitcoin and Ether futures. We believe these changes provide an opportunity to leverage our global derivatives platform, enhance efficiencies and sharpen our focus. Optimizing our business operations and product development across borders and asset classes enables us to better serve our diverse client base and sharpen our strategic focus. We continue to develop leadership in all functions across the company and optimize our organizational structure to support our global strategy.\nThis realignment of our digital business into our derivatives and clearing business lines creates continued opportunities for development and growth within our senior leadership team. Finally, we continue to execute on a disciplined capital allocation strategy. The steps we are taking in our digital business illustrate our intent to allocate our resources and capital to the areas where we see the best returns for our firm. Also, as demonstrated during the first quarter and through April, share repurchases remain an important component of our capital allocation framework, one we plan to continue to use opportunistically in the market. Overall, we remain committed to maintaining a flexible balance sheet while investing in organic growth initiatives, our technology capabilities and operating efficiencies, thereby driving durable revenue expansion, optimized margins and earnings growth for our stakeholders.\nI will now turn the call over to Dave Howson to talk through how we are driving results within our strategy.\nDavid Howson:Thanks, Fred. Starting with the strong results in the global derivatives category. Despite the cyclical headwind of low volatility in Q1 with the VIX Index averaging just 13.7%, the lowest in over 5 years, SPX options volume remains strong. Average daily volume was up a robust 17% year-over-year to 3.2 million contracts, finishing just shy of the all-time high set in Q4 last year. In fact, January and February ranked as the second and third highest SPX volume month on record through the first quarter. We believe investors took advantage of the low levels of volatility to more cheaply hedge their portfolio with SPX puts making up a higher share of the total volume. Hedging demand was particularly strong in our VIX auction suite with VIX core volume ADV up 4% quarter-over-quarter to over 500,000 contracts as investors took advantage of the low levels of VIX to our cheap tail protection.\nThe resilience of our index options volume in the face of cyclical headwinds speaks to the strength of the secular drivers of our business which we outlined in detail on the last earnings call. We continue to lean into these and see further room for growth. For example, in January we launched Tuesday and Thursday expiries for our Russell 2000 index options completing the set of daily expiries to small cap stocks. While still early days, Russell 2000 index options volumes hit a 5-year high ADV at 79,000 contracts in February. And the share of 0DTE volume grew from 8.7% in Q4 to now 12%. Within our more established SPX product, volumes increased 17% year-over-year and 0DTE options increased a robust 32% year-over-year and grew 3% from Q4 level to a new record of 1.54 million contracts.\n0DTE options has made up 48% of overall SPX activity in Q1, up 2 percentage points from last quarter. The rise of retail options trading is another secular trend we're excited to build on, with more platforms coming online for index options trading later this year, giving retail investors expanded access to our products. To that end, we are thrilled to see our margin relief plan approved by the SEC recently which we believe will make it easier for investors to overwrite index options on ETFs that track the same index. This is expected to benefit not just our SPX XSP options complex but also our Russell 2000 and MSCI suite of index options as well. Overwriting funds have grown tremendously in popularity in recent years with total AUM jumping more than 6-fold since the pandemic to now over $130 billion.\nAnecdotally, we're also seeing more interest from the retail and RIA [ph] community in using these options to enhance their portfolio. We see this margin relief approval as an additional catalyst for wider adoption of options by the retail community. Even without a turn in the macro environment, we believe we are well positioned for the rest of the year as we continue to execute on our strategic initiatives. However, if we do get a shift in investor sentiment, as was the case in April, we expect to benefit as traders harness the full versatility of our S&P 500 volatility tool kit. For example, with the market set of April, VIX options volume surged to a 6-year high with daily volumes exceeding 2.6 million contracts on April 12 on the back of escalating Middle East tensions.\nThat's higher volume than we saw during the 2020 COVID crisis, despite the VIX index hitting a high of just 19 last month versus 82 in March 2020. VIX options through April are on pace to report it’s second highest quarter on record at current levels. While Q1 was characterized by a consistent market running amidst low volatility, Q2 is looking a lot more precarious amidst heightened geopolitical tensions and greater macro uncertainty. As investors grapple with resurgent inflation, rising rates, not to mention the U.S. election later this year, we believe the need to use options to dynamically manage positions, hedge exposures and generate income only increases. And while trading metrics in North America remained strong during U.S. hours, volumes traded in U.S. products during non-U.S. hours continue to increase.\nDuring the first quarter, SPX global trading hours activity increased 41% as compared to the first quarter of 2023. And in April, we saw SPX GTH activity increase 73% versus Q2 2023 levels and VIX GTH increased 69% over the same period. With GTH activity accounting for just 3% of April's SPX activity and less than 1% of VIX options activity, we continue to see an attractive path forward for non-U.S. customers to increase access to the U.S. markets. Looking at the business more globally, we hit some notable milestones on our European derivatives platform CEDX. Total index derivative volumes again hit record levels in March, beating the prior record by 26% positioning us for future growth. We broadened the list of single-stock options traded on CEDX to more than 300 companies across 14 European countries at the end of March.\nAnd on April 1, we initiated and revamped our liquidity provider programs in the region. Client feedback has been promising, and we look forward to providing greater customer efficiencies through our Pan-European approach to trading and clearing. D&A net revenues grew 8% compared to the first quarter of Last 60 Days of Bitcoin's Closing Prices: [63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-04 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,252,006,662,000 - Hash Rate: 617535316.5382024 - Transaction Count: 660263.0 - Unique Addresses: 473521.0 Social & AI Sentiment: - Fear & Greed Index: 0.67 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite the inflation-powered downswing in 2022, investing markets are on a sustained roll. If you put $1,000 into anS&P 500(SNPINDEX: ^GSPC)index fund four years ago, you'd have $2,167 today. The halving ofBitcoin(CRYPTO: BTC)rewards in May 2020 led to another cycle of price gains and moderation, punctuated with the approval ofexchange-traded funds (ETFs)reflecting spot-price Bitcoin values three months ago. Hence, $1,000 of Bitcoin has grown to $10,690 over the same four-year span. But neither Bitcoin nor the stock market could hold a candle toEthereum(CRYPTO: ETH). Putting $1,000 into the leading smart contract currency in April 2020, you'd have a cool $26,800 in your digital wallet by now. The cryptocurrency is now worth $3,430 per coin, up from $1,800 a year ago and $133 in early April, 2020. But past performance is not a guarantee of future results. Does Ethereum have any game-changing moves up its sleeve, comparable to Bitcoin's next 50% cut of mining rewards? Is this digital asset likely to continue its market-beating surge in 2024 and beyond? The answer to these two crucial questions is "yes" and "I wouldn't be surprised." Read on to see what Ethereum's developer community is up to next, and what investors should expect from this crypto veteran in the near future. First,that initial batch of 11 spot Bitcoin ETFsarguably opened the floodgates for other types of cryptocurrency funds. Many of the investing firms in January's approval round have already filed applications to the Securities and Exchange Commission (SEC), aiming to introduce Ethereum-based ETFs as soon as possible. Some of the potential Ethereum ETF sponsors aren't in a hurry, though. For example, Bitwise chief investment officer Matt Hougan recently gave Ethereum ETF approvals a 50% chance in May 2024 -- but he might actually prefer a delay to December. You see, market makers and investors are still wrapping their heads around the brand-new Bitcoin ETFs. Launching another type of big-name cryptocurrency ETF into this buzzing market could be counterproductive. "It's just hard to get people to focus past Bitcoin at this point from professional investors," Hougan said in a Forbes interview last weekend. "TradFi is still digesting bitcoin and if you give [traditional finance] time to get comfortable with bitcoin and crypto, they will be ready for the next thing. But if you shove it down their throat in May, I'm not sure they will be." In other words, the company behind theBitwise Bitcoin ETF(NYSEMKT: BITB)expects Wall Street to be hungry for Ethereum ETFs once the Bitcoin furor dies down. As such, Bitwise filed for an Ethereum ETF approval last Friday, biding its time while doing homework on Ethereum's long-term prospects. So the market trends you see around Bitcoin these days should repeat for Ethereum at some point. The timing of the approvals may make a difference, at least initially. But once the two largest cryptocurrencies have gone through the growing pains of this new investing route, the long-term effects should be the same -- a more robust asset class with wider access to investors who can't or won't buy cryptocurrencies directly. In particular, the expected influx of deep-pocketed institutional investors could add game-changing tailwinds for both Bitcoin and Ethereum. I just don't know whether we'll see these micro-dramas play out in 2024, 2025, or perhaps even later. ETF approvals are underway, but their timing and exact details are in the hands of slow-moving regulators. The Ethereum community has more control over another part of the cryptocurrency's price catalysts: technical improvements to the blockchain network's operating code. One important upgrade took effect on March 13. The so-called Dencun update introduced shard blob transactions, which makes easily processed bundles out of unrelated Ethereum transactions. The big idea is to speed up processing and lower transaction fees, taking a series of smaller steps toward a more effective network. These steps will continue in 2024, followed by a more abrupt technical shift thereafter. Ethereum co-founder Vitalik Buterin has outlined the next development phase, nicknamed "The Purge." In a blog post last month, Buterin explained how cleaning out a bunch of obsolete security functions will provide more space for transaction data in each Ethereum contract. As always, this process will be slow and steady with the final cleanup scheduled "a few years down the line." So there are significant platform changes en route to Ethereum's operating platform. Some steps are coming up soon and others will take a long time. The important takeaway is that Ethereum is evolving to meet the requirements of a more hectic cryptocurrency market. The community is especially interested in making smart contracts smarter, cheaper, and more secure in order to keep up with challenges from alternative smart contract coins such asAvalancheandSolana. And that brings be to a third class of potential catalysts. Ethereum wouldn't need a faster and sleeker transaction system if the demand for smart contracts weren't on the rise. The combination of wider public awareness and incoming technical improvements should result in more interest from app developers, leading up to the first "killer apps" in simmering fields like decentralized finance and Web3 tools. The precise timing of these improvements is up in the air, but important Ethereum backers like Vitalik Buterin will do their best to move the Ethereum community forward. If you build it, the killer apps and mass-market success stories will come. Can these catalysts drive Ethereum prices all the way to $10,000 by the end of this year? Anything is possible but I wouldn't make time-limited bets on it. It's better to build a diversified portfolio of robust cryptocurrencies, stocks, and other asset types, and let the overall value of that collection rise at its own pace. Investing is a marathon, not a sprint -- and crypto investors are also better served by patient endurance than by throwing value darts at the calendar. So I would say that Ethereum is poised to grow in value for years to come, and I do expect the price to rise in 2024. I just can't promise that it will break the $10,000 barrier by the holidays. Patience is a digital virtue, dear reader. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of April 1, 2024 Anders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, Cardano, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy. Will Ethereum Ride the Crypto Bull and Reach $10,000 in 2024?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Ethereum(CRYPTO: ETH)prices have historically proven very volatile. It's not uncommon to see its value double or triple in a matter of months. In other months, however, its price has been cut in half or worse.\nBut what about the long term? If you had invested $300 into Ethereum five years ago, and held on, you'd likely be very pleased with the outcome.\nIf you had put $300 into Ethereum five years ago, you'd have roughly $5,600 today. That's a 1,770% return, even higher thanBitcoin's 1,000% performance over the same period. TheS&P 500, for comparison, increased in value by just 87%.\nBut before you jump in and buy Ethereum, there are a few important caveats to note.\nFirst, Ethereum was still a young, relatively unknown technology five years ago. The crypto industry has come a long way since then, with far greater utility, adoption, and recognition. It's possible that Ethereum's biggest days of growth are behind it.\nSecond, these eye-popping returns were only accrued by investors with so-calleddiamond hands-- that's crypto terminology for holding tight through extreme ups and downs. If you purchased Ethereum five years ago only to sell it at the start of 2023, for example, you'd only be sitting on a 640% gain. That's still impressive, but far less than what patient investors have earned. Conversely, if you purchased Ethereum at the start of 2022 only to sell one year later, you would have lost two-thirds of your original investment!\nEthereum has proven a terrific long term investment, but its short term movements are difficult to predict.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIf You'd Invested $300 in Ethereum 5 Years Ago, Here's How Much You'd Have Todaywas originally published by The Motley Fool", 'Coinbase Global(NASDAQ: COIN)is a cornerstone of the cryptocurrency ecosystem, providing investors with an easy on-ramp to convert their dollars into a plethora of different tokens. While it isn\'t the only company providing those services, it\'s clear that with such a privileged position, its offerings tend to have big impacts for cryptocurrencies, including popular ones likeSolana(CRYPTO: SOL).\nCoinbase recently launched a new service that\'ll likely catalyze growth for Solana, as well as for the many meme coins that are on the chain. Here\'s what\'s happening, and how you can position yourself to profit.\nIt\'s difficult to get into cryptocurrency investing for the first time. Much of theblockchaintechnology itself is clunkier than typical consumer-grade software applications. Plus, the space has so much technical lingo to learn, so many slang terms to be aware of, and a reputation for scams and risk that it\'s enough to keep many people away altogether.\nCoinbase is working on solving some of those issues by launching a new and highly streamlined platform for people to hold and utilize their coins.\nThe new Coinbase "smart"walletis compatible withBitcoin,Ethereum, and Solana, as well as every ERC-20 chain. It can interface with decentralized applications (dApps) and decentralized exchanges (DEXes), store non-fungible tokens (NFTs), connect to a user\'s bank account, and freely transact with a user\'s Coinbase account. Everything that people could do with a self-managed wallet, including staking tokens to a liquidity pool, swapping token pairs, and borrowing or lending crypto, is doable with the new wallet.\nCoinbase hopes that its innovation will bring as many as 1 billion people into the crypto markets because of how easy investing in the space will become compared to how it is now. It\'s unclear whether the company will be able to onboard all of the users it\'s hoping for. But if it succeeds in bringing in even a fraction of the population it\'s hoping for, the implications for the cryptocurrency markets, especially Solana, are likely to be gargantuan.\nOn the Coinbase website currently, users are limited to transacting in the cryptocurrencies that the company selects as being appropriate, which tend to be the currencies that are the most reputable. That means the biggest meme coins, likeShiba InuandDogecoin, are tradeable, but up-and-coming coins are often not available until long after an investor might prefer to start a position.\nWith the new wallet there is still the constraint of only being able to transact in coins that Coinbase has opted to list the information of, and it can still take a long time for the company to list promising new issues. But as the wallet allows for trading via decentralized exchanges (DEXes), the business does not need to hold the tokens itself, so the accessible universe of investable projects is much larger. So investors will now have a chance to invest in coins much earlier than before, and are generally able to invest in much smaller coins should they choose to do so.\nFor coins on the Solana chain, where many of the smaller and riskier meme coins reside, the new wallet could drive significant growth across the board. If Coinbase opts to list projects more loosely than it currently does for users of its wallet, which will be necessary if it intends to defend the claim that its wallet enables people to maintain full custody and control of their cryptocurrency holdings, the impact will be even larger.\nEither way, this is a big green flag for Solana and meme coin investors alike.\nIt isn\'t necessary to start investing in meme coins yourself to take advantage of the influx of capital spurred by Coinbase\'s new wallet. Nor is it necessary to actually download the wallet yourself if you already have a setup that works for you. The safest way to get exposure to the anticipated upside is to simply buy Solana and hold it for the long term, as anyone doing meme coin trading on the chain will need to buy its native token first.\nIf you want to get a bit fancier by additionally dabbling in meme coins, do yourself a favor and stick to the proven winners rather than the allegedly rising contenders. The reigning champions will still be very risky and volatile.\nBut they\'re also going to be the entry point that most new cryptocurrency investors will have to meme coin investing by virtue of their size and proven effectiveness at winning attention share over time. And, at least in the case of Shiba Inu and Dogecoin, they have enough of a history that it is very unlikely for their prices to collapse to zero.\nMost of all, don\'t take risks with money that you can\'t afford to lose. Play the long game, and play it cautiously. If you haven\'t yet diversified your portfolio sufficiently, the best move is to do that before approaching the idea of buying Solana or meme coins, as responsible financial stewardship of your portfolio is a bigger priority.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nThis 1 Catalyst From Coinbase Could Send Solana Meme Coins Skywardwas originally published by The Motley Fool', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for my next warning. The S&P is next, which will toast millions of 401ks and IRAs. Take care.”\nKiyosaki’s suggestion? Turn to gold, silver, and Bitcoin instead.\nLearn More:‘Shark Tank’ Star Kevin O’Leary — My Morning Habit That Keeps Me From ‘Losing Money 100% of the Time’\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAccording to theWorld Gold Council, the price of gold was approximately $37.44 per ounce in January 1971. Fast forward to today and gold is valued at approximately $2,333.55 per ounce as of April 30, 2024. That’s an incredible 6132.77% increase over 53 years.\nSilver has also proven to be a precious metal financial haven.\nAccording to theSilver Institute, the price of silver was $1.55 per ounce in 1971. Fast forward to today andsilver is valued at approximately $26.40 per ounce as of April 30, 2024. That’s an increase of 1603.23% over 53 years.\nBitcoin, the first ever and largest cryptocurrency on the market today, first debuted in 2009 and its value has been quite volatile since its inception, according toU.S. News & World Report.\nAccording toCrypto.com, the price of bitcoin (BTC) was valued at $0 when it first debuted in 2009. By 2021, BTC hit an all-time high price of $68,789.63. Fast forward to today andBTC is valued at $60,356.78 per coin as of April 30, 2024. Despite the cryptocurrency’s volatility, its current price represents an unfathomable 60,356,700% increase over the past 15 years.\nMany people are stillcryptocurrencynon-believers since they don’t understand the concept or simply doubt the actual value of the asset. However, Bitcoin is here to stay and it might just be the next smartest investment you can make.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 8 Ways To Make $200 (or More) a Day Working From Home\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 5 Myths About Debt That Nobody Should Believe in 2024\nThis article originally appeared onGOBankingRates.com:Robert Kiyosaki: ‘Buy Gold, Silver, Bitcoin While You Still Can’', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for my next warning. The S&P is next, which will toast millions of 401ks and IRAs. Take care.”\nKiyosaki’s suggestion? Turn to gold, silver, and Bitcoin instead.\nLearn More:‘Shark Tank’ Star Kevin O’Leary — My Morning Habit That Keeps Me From ‘Losing Money 100% of the Time’\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nAccording to theWorld Gold Council, the price of gold was approximately $37.44 per ounce in January 1971. Fast forward to today and gold is valued at approximately $2,333.55 per ounce as of April 30, 2024. That’s an incredible 6132.77% increase over 53 years.\nSilver has also proven to be a precious metal financial haven.\nAccording to theSilver Institute, the price of silver was $1.55 per ounce in 1971. Fast forward to today andsilver is valued at approximately $26.40 per ounce as of April 30, 2024. That’s an increase of 1603.23% over 53 years.\nBitcoin, the first ever and largest cryptocurrency on the market today, first debuted in 2009 and its value has been quite volatile since its inception, according toU.S. News & World Report.\nAccording toCrypto.com, the price of bitcoin (BTC) was valued at $0 when it first debuted in 2009. By 2021, BTC hit an all-time high price of $68,789.63. Fast forward to today andBTC is valued at $60,356.78 per coin as of April 30, 2024. Despite the cryptocurrency’s volatility, its current price represents an unfathomable 60,356,700% increase over the past 15 years.\nMany people are stillcryptocurrencynon-believers since they don’t understand the concept or simply doubt the actual value of the asset. However, Bitcoin is here to stay and it might just be the next smartest investment you can make.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 8 Ways To Make $200 (or More) a Day Working From Home\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 5 Myths About Debt That Nobody Should Believe in 2024\nThis article originally appeared onGOBankingRates.com:Robert Kiyosaki: ‘Buy Gold, Silver, Bitcoin While You Still Can’', "One of the hottest cryptocurrencies this year has beenShiba Inu(CRYPTO: SHIB). Year to date it has risen by 130%, and the meme coin looks to be alive and well with retail investors. But with such impressive gains already in 2024, is it too late buy the digital currency? Or is the coin just getting started, and could greater interest in the broader crypto market lead to further momentum for Shiba Inu?\nOne of the reasons Shiba Inu has grown in prominence with crypto investors is that there has simply been more acceptance of the cryptocurrency. Meme or not, more places are accepting it, and that's a positive development for Shiba Inu holders because it may lead to greater demand for the coin.\nAccording to data from Cryptwerk, there are 935 merchants in the online crypto directory's database that accept Shiba Inu as a form of payment. That's 16% more than the 806 merchants who accepted it a year ago, and a 46% increase from two years ago.\nThere are more than 9,400 merchants who acceptBitcoin(CRYPTO: BTC), according to the website, suggesting that Shiba Inu still has long way to go in being as popular as the top cryptocurrency. But it's certainly moving in the right direction.\nNearly 92% of the crypto wallets that hold Shiba Inu hold less than $1,000 of the meme coin. With Bitcoin, that percentage is a bit lower at 84%. This suggests that Shiba Inu is more heavily skewed toward smaller investors than Bitcoin is. But the meme coin's price movements may actually be due to larger investors.\nShiba Inu has a high whale concentration of 63%, according to CoinMarketCap.Whalesare wallet addresses that hold more than 1% of the coin's circulating supply. And the higher the percentage, the more potential volatility there is, because a small number of whales can have a large impact on the coin's price. In the case of Bitcoin, the whale concentration is just 1.5%.\nBut there hasn't been as much volatility of late. In early March, trading volumes for Shiba Inu were high, often totaling more than $2 billion and that's when the coin was rallying. Lately, the coin has been slowing down and declining, and that has been while volumes have also been lower (below $1 billion per day). This could be further proof of the heavy impact that whales have on the coin. And the danger for investors is that price movements can be sudden, and come without much warning.\nShiba Inu's valuation could take off at a moment's notice in either direction, and that's what can be both risky and exciting about the meme stock -- its fluctuations can sometimes be unpredictable. And for that reason, it's certainly possible for Shiba Inu's valuation to rise higher this year despite its impressive gains.\nThe danger forcrypto investorsis that there isn't a fundamental reason to expect that the cryptocurrency will rise in value. The main investing thesis resides around the greater fool theory and the expectation that someone will buy it at a higher price. But this is purely speculative. If you're bullish on crypto, you're likely better off simply investing in Bitcoin or buying stocks with exposure to crypto. Shiba Inu is an ultra-risky investment that is a downright gamble given its vulnerability to large movements as a result of whale transactions.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nUp 130% Already This Year, Can Shiba Inu's Price Go Even Higher?was originally published by The Motley Fool", 'One of the most popular narratives among cryptocurrency investors over the last six months is that the crypto sector is currently at the very start of a "meme coin supercycle" that will sendmeme coinvaluations into the stratosphere. Such claims have been made for past cryptocurrency bull runs, too -- and whether or not they were proven true, investors who were properly positioned made out like bandits.\nSo let\'s take a beat to dive into the meme coin supercycle hypothesis to see how plausible it is, and how you can make money from the ongoing surge of interest in the segment, whether or not the loftier predictions become reality.\nThe halving ofBitcoin\'s(CRYPTO: BTC)mining reward, which occurred in late April, is proposed as the starting gun for the supercycle. The theory goes that once Bitcoin\'s price adjusts upward to account for the permanent reduction in further supply of new coins via mining, it\'ll carry the rest of the cryptocurrency ecosystem along for the ride, either immediately or after its own bull run peters out. The idea is that investors will be willing to liquidate some of their supposedly enormous gains to chase growth elsewhere once Bitcoin\'s momentum dies down.\nAt the same time, driving the bull run will be tremendous amounts of new capital that are expected to flow inward as a result of the approval of exchange-traded funds (ETFs) like theGrayscale Bitcoin Trustby the Securities and Exchange Commission (SEC). Before, investors would at least need some kind of cryptocurrency trading account to invest; with the ETFs, people can buy a security whose value is tightly linked to Bitcoin from their retirement accounts, thereby opening the door for even more demand to fight over the freshly limited supply of coins. If other ETFs are approved, such as forEthereum, it could have an ancillary additional effect as well.\nSolana(CRYPTO: SOL), a popular blockchain for trading meme coins likeDogwifhatright now, will allegedly be the primary beneficiary of the capital inflows to Bitcoin. The argument here is that for new investors, it\'s the easiest chain to navigate, as it operates quickly, requires minimal fees, and has a large selection of serious crypto projects in decentralized finance (DeFi) as well as countless meme coins with no intended utility.\nFurthermore, there is reason to believe that investors at large are interested in getting exposure to meme coins. Venture capital groups and hedge funds are now starting to seriously dabble with meme coin investments, as they want to capture some of the absurd returns that are sometimes possible to attain in the space. Plus, since 2021 many small investors are familiar with the idea of a meme coin, having invested inDogecoinorShiba Inuand seen their impressive runs.\nThen there\'s the situation with inflation and the Federal Reserve\'s quest to tamp it down. Crypto investors advocating for the supercycle suggest that the Fed is likely to cut the prime interest rate at least once in 2024. As the cost of borrowing money declines, there is thus more capital to splash further along the risk curve than before, and toward the most speculative investments like memes.\nFinally, proponents of the supercycle point to a growing sense of economic discontent among younger crypto investors. Those investors have faced substantial financial barriers to achieving their life and money goals, especially for key attainments like home ownership, and thus they are becoming increasingly nihilistic about their probability of future success. Hence their alleged desire to invest in the riskiest corners of cryptocurrency, where they believe that there are life-changing returns lurking, will drive the meme coin bull market all the more intensely even after the Bitcoin catalysts have played out.\nSo far it is ambiguous whether the meme coin supercycle hypothesis will be proven true or false. With that being said, most of the arguments for it pass the sniff test.\nThe halving process\xa0will indeed eventually result in a scarcer supply of Bitcoin, and the ETF will make it easier for capital to enter the crypto ecosystem. Solana is indeed the lowest-friction chain to use in my experience, and there is already a rich set of software and hardware tools that investors might need to do research and transact. The meme coins of the minute are on that chain, and they\'re gaining public awareness by the day.\nBut forecasting the odds of a rate cut is sketchy at best. The market\'s expectations regarding the Federal Reserve\'s decisions on the matter have been refuted again and again over the last year or so.\nLikewise, it is probable that there are at least a few disenchanted young crypto investors. Still, predicting that their desperation will drive them to invest in meme coins in great numberswithin a specific period of timeis a bit of a stretch, even if the gist of it makes sense.\nDon\'t take this to mean that you should or should not invest in meme coins or other cryptocurrencies right now. If your portfolio is diversified and you have some extra capital to allocate to a riskier investment, it is worth considering buying a coin like Solana or Bitcoin to start. And if you can tolerate volatility, picking a meme coin or two to make a small investment might be appropriate -- just don\'t get caught up in the hype about the supercycle and overcommit if it starts to pick up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nHere\'s Why Some Cryptocurrency Investors Think There\'s a Meme Coin Supercycle Right Nowwas originally published by The Motley Fool', 'A new bill hopes to ban cryptocurrency mining in three North Carolina counties.\nMORE: Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering\nCrypto mining is a process that verifies Bitcoin transactions and generates coins.\nIt requires huge data centers that draw tons of electricity to operate.\nThe bill will impact Henderson, Polk, and Rutherford counties.\nState Senator Tim Moffitt represents all three counties and filed the bill.\n(WATCH BELOW: Buyer pays $654K in cryptocurrency for first home sold as NFT in the U.S.)', "New York City, NY, May 05, 2024 (GLOBE NEWSWIRE) --\nDespite recent turbulence in the crypto markets, bothBitcoin(BTC) andEthereum(ETH) have experienced a remarkable surge in prices over the past two days. This unexpected rally comes amidst a backdrop of uncertainty, indicating renewed investor confidence in these leading cryptocurrencies. Adding to the fervor,Furrever Token(FURR)has achieved a significant milestone, surpassing $1 million in presale funding, and has now launched a lucrative $10,000 competition, further igniting excitement in the crypto community.\nBitcoin's Resilience Shines as Whales Drive Market Surge: What's Next for Crypto?\nAmidst recent market turbulence, Bitcoin (BTC) has emerged resilient, witnessing a remarkable surge driven by whale activity. On May 3, the total market value soared to $2.18 trillion, propelled by a 10% increase in Bitcoin's price to approximately $64,300.75. Notably, over $2.8 billion worth of BTC was accumulated by whales within 24 hours, signaling renewed confidence in the market. Analysts interpret indicators such as the Spent Output Profit Ratio (SOPR) and Bollinger Bands, foreseeing a potential short-term turnaround.\nDespite recent corrections, market intelligence suggests key support levels and hints at a rebound, fostering optimism among investors. As Bitcoin trades at $61,721, attention turns to sustaining momentum above $59.7K, with the community eagerly anticipating further market growth and potential milestones.\nEthereum's Regulatory Challenges and Price Dynamics: Insights for Investors\nAmidst its pivotal role in the crypto landscape, Ethereum (ETH) faces a complex interplay of regulatory hurdles and market dynamics, offering crucial insights for investors. Currently trading at $3,158.07 with a 6% increase since yesterday, Ethereum maintains its position as the second-largest cryptocurrency with a market cap of $373 billion. However, the path to launching Ethereum ETFs remains uncertain, with regulatory approval prospects cast into doubt by analysts like Bloomberg's James Seyffart. Seyffart suggests that approval for spot Ethereum ETFs in 2024 is improbable, potentially delayed until 2025, citing cautious behavior from the U.S. Securities and Exchange Commission (SEC).\nEthereum's price trajectory reflects this uncertainty, experiencing fluctuations within a ranging channel, with bullish signals indicating potential for testing new highs. Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands provide further insights into Ethereum's market momentum and consolidation phase. As Ethereum navigates through regulatory challenges and market fluctuations, its future outlook remains a subject of intense interest, with regulatory decisions poised to significantly impact adoption and integration of Ethereum-based financial products.\nFurrever Token (FURR): Pioneering Cuteness in Crypto with $1 Million Presale Success and $10,000 Frenzy Bonanza Competition\nFurrever Token (FURR)has rapidly ascended as a darling of the investor community, captivating enthusiasts with its innovative approach and endearing charm. Priced at $0.000648, FURR injects a refreshing dose of cuteness into the crypto space, leveraging the universal appeal of adorable cat imagery to transcend traditional boundaries. This delightful experience fosters a sense of community and shared joy, resonating strongly with users seeking a break from the seriousness often associated with blockchain technology. The project's commitment to creating a user-friendly platform, complete with cute cat-themed stickers, emojis, and visuals, has struck a chord with investors. To buy FURR, investors can visit its official website, furrevertoken.com, where they can also explore the potential for up to 15X returns.\nThe success of Furrever Token's presale, which amassed over $1 million in funding within just two months, speaks volumes about the project's traction and investor confidence. This rapid growth underscores not only the widespread appeal of FURR but also the growing appetite for projects prioritizing user experience and community engagement. With 65% of tokens available during the presale and a prudent allocation for team tokens locked for a year to reassure investors of the project's long-term viability, Furrever Token has demonstrated a commitment to transparency and sustainability.\nTo celebrate its successful presale progression, Furrever Token (FURR) has announced an exhilarating competition: theFurrever Token $10,000 Frenzy Bonanza Competition! This thrilling event invites Furrever Token enthusiasts to participate in a seven-day competition on the Gleam platform, where completing various tasks earns participants points for a chance to win. With $10,000 worth of FURR up for grabs, three lucky winners will be crowned Bonanza Champions at the end of the competition. First place takes home $5,000 worth of FURR, second place wins $3,000, and third place receives $2,000.\nThe competition runs from 02/05/2024 to 09/05/2024, offering participants ample time to secure their spot as one of the ultimate Furrever Winners. Winners will be selected randomly through the Gleam platform, with each winner receiving the prize value in FURR tokens directly to their connected wallet. To be eligible, participants must have a minimum of $10 worth of FURR on the website dashboard. So, get ready to embark on this exciting journey and may the fluffiest members emerge victorious!\nIn conclusion, Furrever Token's rapid rise to prominence in the cryptocurrency space is a testament to its innovative vision, strong community ethos, and unwavering commitment to delivering a unique and enjoyable experience for users. As the project continues to evolve and expand its reach, it is poised to make a lasting impact, capturing the hearts of investors and cat lovers alike while carving out its niche in the ever-growing crypto landscape.Join Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Furrever Token Bonanza CompetitionJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, May 05, 2024 (GLOBE NEWSWIRE) --\nDespite recent turbulence in the crypto markets, bothBitcoin(BTC) andEthereum(ETH) have experienced a remarkable surge in prices over the past two days. This unexpected rally comes amidst a backdrop of uncertainty, indicating renewed investor confidence in these leading cryptocurrencies. Adding to the fervor,Furrever Token(FURR)has achieved a significant milestone, surpassing $1 million in presale funding, and has now launched a lucrative $10,000 competition, further igniting excitement in the crypto community.\nBitcoin's Resilience Shines as Whales Drive Market Surge: What's Next for Crypto?\nAmidst recent market turbulence, Bitcoin (BTC) has emerged resilient, witnessing a remarkable surge driven by whale activity. On May 3, the total market value soared to $2.18 trillion, propelled by a 10% increase in Bitcoin's price to approximately $64,300.75. Notably, over $2.8 billion worth of BTC was accumulated by whales within 24 hours, signaling renewed confidence in the market. Analysts interpret indicators such as the Spent Output Profit Ratio (SOPR) and Bollinger Bands, foreseeing a potential short-term turnaround.\nDespite recent corrections, market intelligence suggests key support levels and hints at a rebound, fostering optimism among investors. As Bitcoin trades at $61,721, attention turns to sustaining momentum above $59.7K, with the community eagerly anticipating further market growth and potential milestones.\nEthereum's Regulatory Challenges and Price Dynamics: Insights for Investors\nAmidst its pivotal role in the crypto landscape, Ethereum (ETH) faces a complex interplay of regulatory hurdles and market dynamics, offering crucial insights for investors. Currently trading at $3,158.07 with a 6% increase since yesterday, Ethereum maintains its position as the second-largest cryptocurrency with a market cap of $373 billion. However, the path to launching Ethereum ETFs remains uncertain, with regulatory approval prospects cast into doubt by analysts like Bloomberg's James Seyffart. Seyffart suggests that approval for spot Ethereum ETFs in 2024 is improbable, potentially delayed until 2025, citing cautious behavior from the U.S. Securities and Exchange Commission (SEC).\nEthereum's price trajectory reflects this uncertainty, experiencing fluctuations within a ranging channel, with bullish signals indicating potential for testing new highs. Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands provide further insights into Ethereum's market momentum and consolidation phase. As Ethereum navigates through regulatory challenges and market fluctuations, its future outlook remains a subject of intense interest, with regulatory decisions poised to significantly impact adoption and integration of Ethereum-based financial products.\nFurrever Token (FURR): Pioneering Cuteness in Crypto with $1 Million Presale Success and $10,000 Frenzy Bonanza Competition\nFurrever Token (FURR)has rapidly ascended as a darling of the investor community, captivating enthusiasts with its innovative approach and endearing charm. Priced at $0.000648, FURR injects a refreshing dose of cuteness into the crypto space, leveraging the universal appeal of adorable cat imagery to transcend traditional boundaries. This delightful experience fosters a sense of community and shared joy, resonating strongly with users seeking a break from the seriousness often associated with blockchain technology. The project's commitment to creating a user-friendly platform, complete with cute cat-themed stickers, emojis, and visuals, has struck a chord with investors. To buy FURR, investors can visit its official website, furrevertoken.com, where they can also explore the potential for up to 15X returns.\nThe success of Furrever Token's presale, which amassed over $1 million in funding within just two months, speaks volumes about the project's traction and investor confidence. This rapid growth underscores not only the widespread appeal of FURR but also the growing appetite for projects prioritizing user experience and community engagement. With 65% of tokens available during the presale and a prudent allocation for team tokens locked for a year to reassure investors of the project's long-term viability, Furrever Token has demonstrated a commitment to transparency and sustainability.\nTo celebrate its successful presale progression, Furrever Token (FURR) has announced an exhilarating competition: theFurrever Token $10,000 Frenzy Bonanza Competition! This thrilling event invites Furrever Token enthusiasts to participate in a seven-day competition on the Gleam platform, where completing various tasks earns participants points for a chance to win. With $10,000 worth of FURR up for grabs, three lucky winners will be crowned Bonanza Champions at the end of the competition. First place takes home $5,000 worth of FURR, second place wins $3,000, and third place receives $2,000.\nThe competition runs from 02/05/2024 to 09/05/2024, offering participants ample time to secure their spot as one of the ultimate Furrever Winners. Winners will be selected randomly through the Gleam platform, with each winner receiving the prize value in FURR tokens directly to their connected wallet. To be eligible, participants must have a minimum of $10 worth of FURR on the website dashboard. So, get ready to embark on this exciting journey and may the fluffiest members emerge victorious!\nIn conclusion, Furrever Token's rapid rise to prominence in the cryptocurrency space is a testament to its innovative vision, strong community ethos, and unwavering commitment to delivering a unique and enjoyable experience for users. As the project continues to evolve and expand its reach, it is poised to make a lasting impact, capturing the hearts of investors and cat lovers alike while carving out its niche in the ever-growing crypto landscape.Join Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Furrever Token Bonanza CompetitionJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com"]... Last 60 Days of Bitcoin's Closing Prices: [66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-05 Financial & Commodity Data: - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,264,024,777,388 - Hash Rate: 608775950.3461711 - Transaction Count: 625998.0 - Unique Addresses: 429326.0 Social & AI Sentiment: - Fear & Greed Index: 0.69 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Argentina last week moved forwardwith implementinga Registry of Virtual Asset Service Providers (VASP), drawing some outcry from those who hoped the nation might be heading in the direction of El Salvador's welcoming of Bitcoin. The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regulation appears to have been left over by the previous government, the fact that it's moved forward and has now become law under President Javier Milei is disappointing to those who imagined Latin America was going to get another bitcoin-friendly leader. “Javier Milei makes his first major mistake,”tweeted Max Kieser, a longtime Bitcoin maxi and an advisor to El Salvador President Nayib Bukele. “He never took the time to understand #Bitcoin, now he’ll suffer the consequences.” El Salvador under Bukele in 2021 became the first nation on the globe to make bitcoin legal tender. The new regulation looks to be having immediate effect, with users of payment app Strike reporting that the platforminformed them thatthe Send Globally function between Argentina and the U.S. will no longer be supported. CoinDesk has reached out to Strike for comment. The libertarian Milei, who had previously lauded Bitcoin as a safe haven against central banking and inflation, came to power in December 2023 amid triple digit annual inflation. To this point, he's had some success trimming the size and scope of the government, with Argentina this yearposting itsfirst monthly budget surplus since 2011. Themonthly inflation ratefell to 13.2% in February from 20.6% in January and 25.5% the month before that. To be sure, not everyone views the new VASP law as negative. “If Argentina wants more access to foreign investment, this [the new regulation] is one of the things that needed to be implemented,”saidan Argentina resident on X.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Meme coins are having a moment again, and there's reason to believe that they're not going to stop anytime soon. But the factors driving the market are entirely different from the meme coin mania of 2021, and any bull market in cryptocurrency that develops will have a different character as a result.\nIf you're interested in investing in this space, it behooves you to understand the macro environment. So let's investigate three trends that are defining it.\nIt is often rightfully said that cryptocurrency investments are risky, or even speculative.Meme coinsare even riskier and closer to speculation or outright gambling than the somewhat less volatile cryptocurrencies likeBitcoin(CRYPTO: BTC)orSolana(CRYPTO: SOL). And right now, there's a preponderance of evidence to suggest that investors are craving opportunities to take financial risks at the extreme end of the risk spectrum, such as by buying a meme coin likeDogecoin,Floki,Dogwifhat, orShiba Inu.\nSports bettingvia smartphone apps is exploding, with TV and internet commercials drawing in more and more people. The American Gaming Association predicted that for this year's March Madness event alone, people in the U.S. would bet more than $3 billion. Other sources suggest that commercial sports betting revenue has risen by more than 12 times between 2019 and 2024, reaching a sum of more than $10 billion annually as of 2023. The main financial properties of such bets are that they're tremendously risky, and that they can in theory deliver outsized returns.\nBetting on short-term outcomes in sports games is by definition gambling, not investing. Nonetheless, investors also recently piled into risky technology stocks with already-bloated valuations, likeTesla. And investors are also now piling into short-dated options contracts, which are incredibly risky, yet offer the chance for a large reward relative to the initial investment.\nCryptocurrency investments offer another route for those seeking exposure to big risk in exchange for the possibility of big returns. As long as investors continue to crave risk, some of their capital will flow to meme coins, which offer similar risk and return characteristics.\nBut what's driving this behavior, and will those drivers persist? Let's now look at two other trends that support this larger trend and ensure it won't flame out anytime soon.\nIt isn't a good financial decision to take on large amounts of debt. Nor is it a good decision to take large financial risks in an attempt to generate enough capital to pay down such debts.\nAlas, on average, consumers have already fallen into the first trap, and now many people are falling into the second by throwing their money at meme coins. Per the Federal Reserve of New York, household debt in Q4 of 2023 totaled $17.5 trillion, up from just under $12 trillion 10 years prior to that. One major contributor to that sum are student loans, which accounted for $1.6 trillion in Q4 of last year, and which debtors are now obligated to repay once again now that the federally mandated pause has ended.\nMany households are now effectively experiencing the burden of their student loans for the first time in several years. The painful pinch of that monthly payment is coinciding with the painful pinch of inflation in consumer goods, healthcare, services, transportation, and shelter.\nWhat hope is there of repaying large debts held at relatively high interest rates when a person's other expenses are rising sharply at the same time? With hopelessness comes desperation, so the masses turn to risky investments.\nOf course, it is probably counterproductive to dive into meme coins without a plan or the appropriate framework for successful and long-term investing.\nBut for the moment, a change for the better that would give people an easier time managing their finances and paying down their debts is not at all guaranteed. So expect more investing in meme coins.\nBeyond being debt-free, one thing that many people desire is to own their dwelling rather than rent it. Due to a combination of low housing supply, high interest rates, inflated prices, and a handful of other factors, people making the median income in the U.S. cannot afford to purchase a median-priced home in the vast majority of areas. It is thus a growing consensus that housing is more unaffordable now than ever before.\nPut differently, a very large segment of investors does not have enough capital nor enough income to buy a dwelling even when using levered debt in the form of a mortgage. Nor do they have enough capital to buy a dwelling in cash. And that means the least-riskiest and least-volatile asset that would otherwise make up the majority of most investors' net worth is out of reach.\nThere's very little reason to hold out hope for conditions in the housing market to improve within the next five years. The wage gains that most workers experience on average will do next to nothing to improve their odds of securing a home, as the price of real estate will almost certainly continue to rise at a slightly faster pace, as has been the norm for more than a decade. Look at this chart:\nOther places that are suitable for parking large sums of capital, like stocks, might seem like an obvious alternative. But stocks typically don't offer the possibility of returning life-changing money overnight -- nor should they. Still, that's sufficient to send investors further along the risk spectrum, toward meme coins and outright gambling.\nDon't make this mistake yourself. With sound financial planning and sustained effort in allocating your capital effectively, it may eventually be possible to accomplish some of your home buying goals. Instead, think about how to position your investments for the reality that many other people are going to be looking for opportunities to take risks. Buying a coin on a chain that's a hotbed for meme coin trading, like Solana, is probably a good place to start.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Shiba Inu, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin, Solana, and Tesla. The Motley Fool has adisclosure policy.\n3 Trends That Could Drive Meme Coins Higher and Higherwas originally published by The Motley Fool", 'What doBitcoin(CRYPTO: BTC),Solana,Dogecoin(CRYPTO: DOGE), and other cryptocurrencies have in common with penny stocks and sports gambling? If you guessed "they\'re all places where excess capital migrates for the purpose of financial speculation," you\'re thinking along the right lines.\nBut why would investors prefer these risky bets when there are safer investments like real estate available? As it turns out, the situation in the real estate market is actually one of the factors driving money toward crypto -- at least, it has been recently.\nAs you\'ve probably heard, the housing market is exceptionally difficult for buyers right now. But understanding why is key to appreciating the market\'s impact on cryptocurrencies.\nConsider this chart.\nAs you can see, theinflation ratein the U.S. is still somewhat elevated relative to its long-term norm of around 2% annually. In its efforts to bring inflation back down from its post-pandemic surge, the Federal Reserverapidly hiked the benchmark federal funds rate, which determines the interest rates that banks can lend at. It\'s now at a relatively high level compared to where it has been ever since the 2008 financial crisis and the Great Recession, when the Fed slashed it in an effort to hit the accelerator on the U.S. economy.\nToday\'s markedly higher federal funds rate has pushed the interest rates that lenders offer to would-be borrowers for mortgages upward as well. So from the consumer\'s perspective, there are several problems with the current state of affairs.\nFirst, even though the current rate of inflation has dropped significantly from last summer\'s multidecade highs, those prior price increases are still baked into the prices people are paying today. This makes everyday purchases like food feel inordinately expensive, and for those whose wages have not kept pace, it may be harder to save funds for a down payment on a home. More importantly, even for those who have successfully saved up a down payment (or who already own homes with equity in them), with interest rates on mortgages significantly higher than they were up until the past couple of years, the monthly payment on a loan of any given size will be noticeably higher than it would have been.\nThat makes it much harder for homeowners to justify selling their homes to upgrade to a larger dwelling, for example, as their monthly payments will almost certainly skyrocket if they took out their current mortgage at any time prior to 2022. Because people are loathe to sell if they can avoid it, the number of homes on the market is unusually low.\nNow consider this chart.\nHome prices have risen dramatically faster than the median family\'s income in recent years. Today, to afford the median home at its current price, a family would need to earn at least $113,500. But the median household income today is roughly $84,000.\xa0 So the median buyer can\'t afford the median house, and it\'ll take more than a raise or two to change that, as house prices are still rising, and inflation is still marching upward at a faster rate than the Fed would prefer.\nIt\'s easy to see why this situation is causing a sense of gloom on Main Street. Widespread homeownership is one of the pillars of the U.S. economy. When it doesn\'t appear achievable, many feel as though the American Dream is out of reach. And with the national shortage of homes estimated to be between 4 million and 7 million dwellings, the issue will not be solved anytime soon.\nEven assuming that the Fed begins cutting its benchmark rate eventually and market interest rates fall, that will likely bring many aspiring homebuyers off the sidelines, creating another hot market where fierce competition between buyers causes home sales to close at prices dramatically higher than their initial listing prices.\nFurthermore, people who lack access to a safe-haven investment in real estate are missing out on the asset that has been the single best financial instrument for forced saving and long-term wealth building. And it is precisely this scenario that has left so much capital free to flood into the cryptocurrency market.\nWhat\'s an investor to do with excess capital if their income is not sufficient to swing the cost of a high mortgage payment?\nThe most obvious answer would be to invest in stocks and pursue a strategy of wealth building for the medium term by accepting a higher level of risk, perhaps by focusing on growth stocks. However, that approach, while fully reasonable, today seems too slow and unreliable to many people. The stock market historically has grown by an average of around 10% per year. Those who choose a significantly riskier mix of stocks but who are lucky enough to make excellent picks might see their portfolios compound in value by an average of 25% annually.\nBut growth of that magnitude -- which is very rapid, and far higher than what most world-class investors are able to sustain over time -- still doesn\'t feel like it\'s enough to secure homeownership for many people, in part because of the small amounts of capital they can allocate. In pursuit of their financial goals,\xa0 they may therefore move further out toward the edge of the risk curve. And cryptocurrencies, especially the riskiest of meme coins, are an obvious market to enter in that context.\nBitcoin, with its growth of more than 1,130% over the last five years alone, is just a starting point for returns of the desired scale. Dogecoin, up more than 5,940% in the same period, may look like just the ticket for these relatively desperate investors.\nSmaller and riskier cryptocurrencies can promise even higher returns in shorter periods -- assuming that they don\'t drop to zero or near zero, which most of them do. Many of those smaller cryptos are listed on the Solana blockchain, which is currently experiencing a flurry of meme coin investing activity.\nTaking massive financial risks can backfire spectacularly, especially for those who have not diversified their portfolios beforehand. Diligent and long-term investing in stocks or blue chip cryptocurrencies like Bitcoin can almost certainly do more to support a person\'s wealth-building objectives than many of these new crypto investors assume.\nStill, people continue to flock to the most casino-like corners of the cryptocurrency markets, and they aren\'t going to stop as long as they feel like their key financial objectives are impossible to attain with a combination of hard work and a more conservative investing approach.\nSo remember: As long as housing supply in the U.S. is tightly constrained and mortgages are expensive, it will be game on for crypto.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin and Solana. The Motley Fool has positions in and recommends Bitcoin and Solana. The Motley Fool has adisclosure policy.\nHere\'s How the Housing Market Is Driving Cryptocurrencies in 2024was originally published by The Motley Fool', "The crypto markets have been hot this year, withBitcoin(CRYPTO: BTC)reaching new all-time highs back in March. One way new investors have been gaining exposure to the cryptocurrency is through exchange-traded funds (ETFs), as earlier in the year, regulators approved many spot Bitcoin ETFs.\nThese ETFs track Bitcoin and give investors direct exposure to its price movements. That means that they aren't necessarily going to provide you with safer, less volatile options for investing in Bitcoin. You will still be vulnerable to wild swings in the crypto market.\nInstead, you may want to consider investing in stocks that have strong underlying businesses and exposure to Bitcoin. Two such examples areBlock(NYSE: SQ)andPayPal(NASDAQ: PYPL). Here's why these might be better options for you than spot Bitcoin ETFs.\nBlock, the company formerly known as Square, helps merchants process payments easily using its app and point-of-sale devices. Bitcoin has also been a key part of its business.\nLast year, it was the company's largest source of revenue; Bitcoin-related transactions brought in a whopping $9.5 billion in sales, representing 43% of the company's top line ($21.9 billion). Block's next-largest source of revenue was from its subscriptions and services, which generated $5.9 billion in sales. While Block doesn't generate strong margins on Bitcoin transactions, the company still posted a profit overall last year with net income totaling $9.8 million.\nThe company's Cash App makes it easy for people to buy and sell Bitcoin. And Block is going even deeper into crypto as it plans to build its own Bitcoin mining system. It also recently finished developing its own Bitcoin mining chip.\nForcrypto investors, Block may be a safer long-term play than investing in spot Bitcoin ETFs. With a diversified and profitable business, it's easy to track the company's performance and growth; it's a less speculative investment than crypto can be. While investors will still face risks with the stock, given how much of a factor Bitcoin plays in Block's operations, it could make for a better overall investment option.\nThe stock currently trades at a price-to-earnings-growth (PEG) ratio of less than 0.9, suggesting that this could possibly be a cheap option for growth investors to hang onto for the long haul.\nPayPal also allows users to buy and sell crypto, but its operations are smaller, and it doesn't have an entire segment devoted to Bitcoin-related revenue the way Block does. In that sense, PayPal may be an even safer option for investors. However, it is still clearly bullish on crypto, as it has launched its own stablecoin, PayPal USD, which it says is designed for payments.\nUnlike with Block, investors have come to expect consistent profits from PayPal. The big knock on the business has been simply that its growth rate has been underwhelming. But it's a fairly safe option for crypto enthusiasts.\nThe payment processing company released its earnings on Tuesday and its revenue for the first three months of the year totaled $7.7 billion, rising by 9% year over year. Net income of $888 million also increased by 12% when compared to the same period last year.\nPayPal is another decently valued stock, as it trades at only 13 times its expected future profits (based on analyst expectations) and its PEG ratio is around 0.6. Whether you want some relatively safe exposure to crypto or just want a cheap growth stock to own, PayPal can be an excellent option to add to your portfolio today.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nForget Spot Bitcoin ETFs: These 2 Stocks Offer Safer Ways to Invest in Cryptowas originally published by The Motley Fool", "The crypto markets have been hot this year, withBitcoin(CRYPTO: BTC)reaching new all-time highs back in March. One way new investors have been gaining exposure to the cryptocurrency is through exchange-traded funds (ETFs), as earlier in the year, regulators approved many spot Bitcoin ETFs.\nThese ETFs track Bitcoin and give investors direct exposure to its price movements. That means that they aren't necessarily going to provide you with safer, less volatile options for investing in Bitcoin. You will still be vulnerable to wild swings in the crypto market.\nInstead, you may want to consider investing in stocks that have strong underlying businesses and exposure to Bitcoin. Two such examples areBlock(NYSE: SQ)andPayPal(NASDAQ: PYPL). Here's why these might be better options for you than spot Bitcoin ETFs.\nBlock, the company formerly known as Square, helps merchants process payments easily using its app and point-of-sale devices. Bitcoin has also been a key part of its business.\nLast year, it was the company's largest source of revenue; Bitcoin-related transactions brought in a whopping $9.5 billion in sales, representing 43% of the company's top line ($21.9 billion). Block's next-largest source of revenue was from its subscriptions and services, which generated $5.9 billion in sales. While Block doesn't generate strong margins on Bitcoin transactions, the company still posted a profit overall last year with net income totaling $9.8 million.\nThe company's Cash App makes it easy for people to buy and sell Bitcoin. And Block is going even deeper into crypto as it plans to build its own Bitcoin mining system. It also recently finished developing its own Bitcoin mining chip.\nForcrypto investors, Block may be a safer long-term play than investing in spot Bitcoin ETFs. With a diversified and profitable business, it's easy to track the company's performance and growth; it's a less speculative investment than crypto can be. While investors will still face risks with the stock, given how much of a factor Bitcoin plays in Block's operations, it could make for a better overall investment option.\nThe stock currently trades at a price-to-earnings-growth (PEG) ratio of less than 0.9, suggesting that this could possibly be a cheap option for growth investors to hang onto for the long haul.\nPayPal also allows users to buy and sell crypto, but its operations are smaller, and it doesn't have an entire segment devoted to Bitcoin-related revenue the way Block does. In that sense, PayPal may be an even safer option for investors. However, it is still clearly bullish on crypto, as it has launched its own stablecoin, PayPal USD, which it says is designed for payments.\nUnlike with Block, investors have come to expect consistent profits from PayPal. The big knock on the business has been simply that its growth rate has been underwhelming. But it's a fairly safe option for crypto enthusiasts.\nThe payment processing company released its earnings on Tuesday and its revenue for the first three months of the year totaled $7.7 billion, rising by 9% year over year. Net income of $888 million also increased by 12% when compared to the same period last year.\nPayPal is another decently valued stock, as it trades at only 13 times its expected future profits (based on analyst expectations) and its PEG ratio is around 0.6. Whether you want some relatively safe exposure to crypto or just want a cheap growth stock to own, PayPal can be an excellent option to add to your portfolio today.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of April 30, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\nForget Spot Bitcoin ETFs: These 2 Stocks Offer Safer Ways to Invest in Cryptowas originally published by The Motley Fool", '26.6 EH/s and 1.2 GW under management\nSalt Creek site fully energized and Cedarvale site partially energized\nMIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq \| TSX:\xa0HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today released its operations update for April 2024.\n“Amidst the backdrop of the halving, the operational capabilities of our team enabled us to maximize deployed hashrate as we completed the relocation of our fleet from hosted to owned facilities and brought new capacity online,” said Asher Genoot, CEO of Hut 8. “At Salt Creek, we energized 63 megawatts, totaling nearly 18,000 miners, just over three months after breaking ground at the greenfield site, which brings our current self-mining hashrate to 5.5 exahash per second.”\n“The miners deployed at Salt Creek were relocated from Kearney and Granbury, with operations of those sites now fully transitioned to the new owner. In eight days, we removed more than 25,000 miners on 440 pallets in 20 loaded 53-foot transports, a testament to our team’s ability to execute complex operational activities efficiently to minimize downtime in our fleet,” said Genoot.\n“We also partially energized Cedarvale, a 215 megawatt site in Ward County, Texas, on behalf of our partner Ionic Digital. Our Managed Services business continues to serve as a key driver of growth and profitability for Hut 8 as we navigate post-halving market conditions and execute on our restructuring plan.”\nHighlights:\n• 63 MW brought online at Salt Creek on schedule, with all-in cost expected to total less than $275,000 per megawatt pending completion of the project.\n• Partially energized Ionic Digital’s 215 MW Cedarvale site, with thousands of miners currently hashing and construction ongoing.\n• Fulfilled transition-related responsibilities at Kearney and Granbury and are now entitled to receive an early termination fee of $13.5 million.\nOperating Metrics\n[{"Average during the period unless otherwise noted": "Total energy capacity under management1,2,3", "April 2024": "1,162 MW", "March 2024": "884 MW"}, {"Average during the period unless otherwise noted": "Total deployed miners under management4", "April 2024": "250.1K", "March 2024": "241.6K"}, {"Average during the period unless otherwise noted": "Total hashrate under management5", "April 2024": "26.6 EH/s", "March 2024": "25.5 EH/s"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Self-Mining6", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Deployed miners7", "April 2024": "44.9K", "March 2024": "55.0K"}, {"Average during the period unless otherwise noted": "Deployed hashrate8", "April 2024": "4.5 EH/s", "March 2024": "5.4 EH/s"}, {"Average during the period unless otherwise noted": "Bitcoin produced1,9", "April 2024": "148 BTC", "March 2024": "231 BTC"}, {"Average during the period unless otherwise noted": "Bitcoin on balance sheet1", "April 2024": "9,109 BTC", "March 2024": "9,102 BTC"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Managed Services2,10", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Energy capacity under management1", "April 2024": "982 MW", "March 2024": "767 MW"}, {"Average during the period unless otherwise noted": "Deployed miners under management1", "April 2024": "214.6K", "March 2024": "210.5K"}, {"Average during the period unless otherwise noted": "Hashrate under management", "April 2024": "23.0 EH/s", "March 2024": "22.6 EH/s"}, {"Average during the period unless otherwise noted": "", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Hosting", "April 2024": "", "March 2024": ""}, {"Average during the period unless otherwise noted": "Deployed miners under management11,12", "April 2024": "76.7K", "March 2024": "76.8K"}, {"Average during the period unless otherwise noted": "Hashrate under management13", "April 2024": "8.7 EH/s", "March 2024": "8.7 EH/s"}]\nSite Overview\n[{"As of end of April": "Alpha", "": "Niagara Falls, NY", "Owner": "Hut 8", "Energy Capacity": "50 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": "Yes"}, {"As of end of April": "King Mountain", "": "McCamey, TX", "Owner": "Joint Venture", "Energy Capacity": "280 MW", "Self-Mining": "Yes", "Managed Services": "Yes", "Hosting": "Yes"}, {"As of end of April": "Medicine Hat", "": "Medicine Hat, AB", "Owner": "Hut 8", "Energy Capacity": "67 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": ""}, {"As of end of April": "Salt Creek", "": "Orla, TX", "Owner": "Hut 8", "Energy Capacity": "63 MW", "Self-Mining": "Yes", "Managed Services": "", "Hosting": ""}, {"As of end of April": "Kearney", "": "Kearney, NB", "Owner": "Managed", "Energy Capacity": "100 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Granbury", "": "Granbury, TX", "Owner": "Managed", "Energy Capacity": "300 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Cedarvale3", "": "Barstow, TX", "Owner": "Managed", "Energy Capacity": "215 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Rebel14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "25 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Stiles14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "20 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "East Stiles14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "30 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}, {"As of end of April": "Garden City14", "": "Midland, TX", "Owner": "Managed", "Energy Capacity": "12 MW", "Self-Mining": "", "Managed Services": "Yes", "Hosting": ""}]\n[["", "(1)", "As of the end of the period"], ["", "(2)", "Includes all Self-Mining, Managed Services, and Hosting infrastructure, including 100% of the energy capacity at the King Mountain site, which is owned by the King Mountain JV in which the Company has a 50% membership interest and a Fortune 200 renewable energy producer has the remaining 50% membership interest (the \\u201cKing Mountain JV\\u201d)."], ["", "(3)", "Includes 215 megawatts assuming full capacity at Cedarvale, which was partially energized at the end of April."], ["", "(4)", "Includes all miners that are racked with power and networking, rounded to the nearest 100, in Self-Mining, Managed Services, and Hosting infrastructure with power and networking, including all miners at the King Mountain site."], ["", "(5)", "Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the King Mountain site."], ["", "(6)", "Self-Mining operations for Hut 8 include 100% of operations at the King Mountain site."], ["", "(7)", "Deployed miners are defined as those physically racked with power and networking, rounded to the nearest 100; deployed self-mining miners net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 35.9K during April and 46.1K during March."], ["", "(8)", "Indicates the target hashrate of all deployed miners; deployed self-mining hashrate net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 3.6 EH/s during April and 4.5 EH/s during March."], ["", "(9)", "Bitcoin produced net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner was 115 BTC during April and 192 during March."], ["", "(10)", "The Managed Services figures reflected in this table include the Self-Mining and Hosting metrics from the sites where Hut 8\\u2019s Managed Services business is an additional service layer in the operation of the site (at Kearney, Granbury, King Mountain, Rebel, Stiles, East Stiles, and Garden City). As a result, the sum of the Self-Mining, Managed Services, and Hosting numbers will not add up to the \\u201cTotal energy capacity under management\\u201d, \\u201cTotal deployed miners under management\\u201d, and \\u201cTotal hashrate under management\\u201d figures that are also reflected in the table."], ["", "(11)", "Miners are rounded to the nearest 100."], ["", "(12)", "42.6K deployed miners under management net of the 50% share of the King Mountain JV held by Hut 8\\u2019s joint venture partner during both April and March."], ["", "(13)", "4.7 EH/s under management net of Hut 8\\u2019s joint venture partner\\u2019s 50% share of the King Mountain JV during April and March."], ["", "(14)", "Sites were previously consolidated into a single site called \\u2018Hotel\\u2019 but are now being reported separately."], ["", "", ""]]\nAbout Hut 8\nHut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp.’s portfolio comprises nineteen sites: ten Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five\xa0high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario.\xa0For more information, visit www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp.\nCautionary Note Regarding Forward–Looking InformationThis press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events or developments that Hut 8 expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the business, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely” or similar expressions. Specifically, such forward-looking information included in this press release includes statements relating to the Company’s operational capabilities, growth, profitability, restructuring initiatives, ability to navigate the post-halving market conditions, anticipated all-in cost at Salt Creek and expected payment of the $13.5 million early termination fee for Kearney and Granbury.\nStatements containing forward-looking information are not historical facts, but instead represent management\'s expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks; malicious actors or botnet obtaining control of processing power on the Bitcoin network; further development and acceptance of the Bitcoin network; changes to Bitcoin mining difficulty; loss or destruction of private keys; increases in fees for recording transactions in the Blockchain; erroneous transactions; reliance on a limited number of key employees; reliance on third party mining pool service providers; regulatory changes; classification and tax changes; momentum pricing risk; fraud and failure related to digital asset exchanges; difficulty in obtaining banking services and financing; difficulty in obtaining insurance, permits and licenses; internet and power disruptions; geopolitical events; uncertainty in the development of cryptographic and algorithmic protocols; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; the COVID19 pandemic, climate change; currency risk; lending risk and recovery of potential losses; litigation risk; business integration risk; changes in market demand; changes in network and in Last 60 Days of Bitcoin's Closing Prices: [66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-06 Financial & Commodity Data: - Gold Closing Price: $2321.60 - Crude Oil Closing Price: $78.48 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,279,824,751,538 - Hash Rate: 534321337.7139056 - Transaction Count: 519817.0 - Unique Addresses: 466177.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company's stock is up over 900%, despite its core business stagnating. Are you a prospective investor who has a fear of missing out? Below, I'll examine why MicroStrategy is hoarding Bitcoin, how it's funding it, what could go wrong, and where the stock could go from here. MicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009. Up until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so. Saylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash." Since then, the company's revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin. The cryptocurrency's current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment. As mentioned above, the company's core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity. First, the company's debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company's cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company's debt is unlikely to decrease anytime soon. Additionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders' ownership stakes in the company have decreased as more shares became available. It's rather simple as to what could go wrong for the company: Bitcoin's price could crash. If the crypto price craters, MicroStrategy's stock will follow, and worse yet, the company could face a margin call. Essentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin's price fell low enough, MicroStrategy wouldn't be able to cover the margin call and could face bankruptcy -- even if it sells its holdings. Previously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans. In other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise. The company's Bitcoin spending spree doesn't look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin. Senior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they're repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms. Put differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy's stock goes down, which will increase the company's debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined. The company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin's return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses). Additionally, MicroStrategy's market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing. There's no doubt the company's bold Bitcoin strategy has paid off so far, but that doesn't necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs. Should you invest $1,000 in MicroStrategy right now? Before you buy stock in MicroStrategy, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of March 8, 2024 Collin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. Is It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/GoatBoyy777', 'Safemoon is absolutely garbage. ', 24, '2024-05-06 01:07', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', 'Back in 2021, I had the opportunity of a lifetime when it comes to crypto. Out of all the tokens, BTC, ETH, and alt coins, I chose to go all in on safemoon. I have never touched that money since. I did one of those things where you buy a shit ton and then just check back years later. Unfortunately, I chose the worst crypto possible. I even sold all my dogecoin when it was at a fraction of a cent for safemoon. Man I really chose the wrong route. I think my safemoon is now worth like a few dollars 😂. I know they switched over to safemoon v2 but I did swap em over a couple years back and lost like half of the value converting them. Absolute shitcoin. ', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', '1cl492e', [['u/SnooMemesjellies5506', 36, '2024-05-06 23:32', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/l2w2583/', 'Honestly if you went all in on safemoon you deserve what you got, you clearly had 0 idea of what you are doing and just yolo into it. This is financial investment, you don’t just invest into some random coin all in, you really need to reconsider why you thought you should post this, safe moon is garbage but your financial decisions is the landfill', '1cl492e']]], ['u/cryptoconniption', 'In case you die with BTC...', 405, '2024-05-06 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', "Looking for advice: I have a decent sized portfolio, mostly BTC and it's all on Ledger. My father is in his 80s and not very good with computers. I've tried to teach him how to use it but it's not happening. What should I do to prepare for the hopefully unlikely event that I die before him? I also have a sister but she's terrible with computers also and I don't trust her. I want them to have everything if the worst happens.\n\nThoughts?\n\nBTW, I had a very expensive accountant help me out with my crypto taxes and thought that I could instruct my father to have him help but I didn't use that accountant this year because I stopped trading and didn't need someone at his level doing my taxes anymore.", 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', '1cl4df3', [['u/Holdino01', 146, '2024-05-06 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2r98pc/', 'Following for advice, good question', '1cl4df3'], ['u/NiagaraBTC', 21, '2024-05-06 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb2dq/', 'Ideally here you have someone you can trust who understands Bitcoin and can help your dad or sis with recovery.\n\nWithout that person, this is where a service like Nunchuk or Unchained would be of assistance.', '1cl4df3'], ['u/humdinger44', 71, '2024-05-06 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb6iw/', 'If i were you I would just put some meager effort into trying to outlive an 80 yr old.', '1cl4df3'], ['u/zorg621', 42, '2024-05-06 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rbrc2/', "Posted this on another comment below. But Ben from BTC Sessions has put together a company teaching people this exact thing. \n\nwww.bitcoinmentor.io \n\nI'm one of the mentors on the site, check it out if curious. If not no worries 🤙", '1cl4df3'], ['u/illbegood11', 327, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcnin/', 'Get a lawyer who specializes in estates and bitcoin.', '1cl4df3'], ['u/cryptoconniption', 10, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcowa/', "I'll check out those companies. Unfortunately I don't have any friends into crypto", '1cl4df3'], ['u/bigheader03', 78, '2024-05-06 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rdpxs/', "I come from two families (my biological and inlaws) where I can completely trust my finances with either of them. \n\nI told my wife, if anything happens to me, take the seed phrase and give it to my brother or hers, and they'll know what to do. \n\nIt really does make me sad we live in a world where people don't have the luxury of trusting their own family with their finances.", '1cl4df3'], ['u/TopKekistan76', 17, '2024-05-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2reheu/', 'You should look into opening a trust. Security of the seed phrase may still be a bit tricky but a trust will allow you to pass along very clear directions and give the people you wish to have it all the necessary info as part of the legal settling of the trust.', '1cl4df3'], ['u/LTFitness', 15, '2024-05-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhe24/', 'Never a popular suggestion here, but this is my advice. \n\nTransfer off hardware and onto an exchange like Coinbase. \n\nWhy? Then it’s not just a hardware wallet your father has no idea what to do with, no maybe even a lawyer you have set up to handle your will. \n\nHowever your father and a lawyer know how to operate a phone, and with the information needed in hand, they can work with an exchanges customer service to get the funds where they need to be with legal documentation. \n\nYour ledger isn’t going to listen to or comply a legal order, it can’t…however an exchange customer service can.', '1cl4df3'], ['u/GMEthLoopring', 87, '2024-05-06 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhu1x/', 'Honestly?\n\nThe ETF is great for this, much easier to transfer upon death than… something most people can’t figure out', '1cl4df3'], ['u/Large_Subject_4153', 38, '2024-05-06 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rj1e6/', 'Problem if OP already has a sizable stack would be paying capital gains taxes to then buy ETF.', '1cl4df3'], ['u/SoupaSoka', 12, '2024-05-06 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rjkrv/', 'Not a popular suggestion, but absolutely one that is worth consideration, at least. Gotta weigh the pros and cons.', '1cl4df3'], ['u/Mrgod2u82', 27, '2024-05-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rn6oz/', "Like not driving, not flying, living in a basement, having groceries bought for you (health ones of cource), etc.\n\nReality is that shit happens. A driver could head on you, the plane could crash, you could get killed in the grocery store.\n\nShit happens and planing for it isn't a bad idea.\n\nTrying isn't the be all end all.", '1cl4df3'], ['u/GMEthLoopring', 11, '2024-05-06 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rnjez/', 'If it’s long term gains at 15%, not terrible overall considering you gotta pay tax on gains EVENTUALLY\n\nResets cost basis and gets some security, slightly less efficient but fo', '1cl4df3'], ['u/freighttrainmatt', 18, '2024-05-06 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rotfa/', 'I appreciate your trust in your family but money changes things. I just want to make you privy to that, you are not exempt from that if we are talking a large sum.', '1cl4df3'], ['u/F101crypto', 130, '2024-05-06 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rrszn/', 'Finding a good ( non corrupt non / full of crap) attorney or account good with crypto and estate planning in the USA ?? Yeh right. Share a short list please . That WOULD be great alpha', '1cl4df3'], ['u/Austeri', 10, '2024-05-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxcdr/', 'Have you ever talked to an attorney lol', '1cl4df3'], ['u/chrisjoneschrisjones', 11, '2024-05-06 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxlk8/', 'Your heirs should be able to take advantage of a cost basis step-up if you hold the original Bitcoin, so in more cases it’s probably better to keep it as is and figure out how to make sure they know what to do.', '1cl4df3'], ['u/DominilocO', 12, '2024-05-06 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2ryg6i/', 'Its ok bro, less btc in circulation.', '1cl4df3'], ['u/Ryan_D_Lion', 12, '2024-05-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s1k7h/', "Nope.\n\nCouldn't disagree more.\n\nMoney doesn't change people.\n\nIt only amplifies what's already there.\n\nIn addition if you can't trust your family then you have a shitty family member. Sorry to be the bearer of the blunt honest truth.", '1cl4df3'], ['u/Probablyinsanes', 81, '2024-05-06 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s2n24/', 'This is fair. Very long story short (don’t know every detail), my great aunt had millions of dollars and when she passed her attorney took everything.', '1cl4df3'], ['u/freighttrainmatt', 12, '2024-05-06 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s41tv/', 'Use whatever euphemism you want, but you don’t know until it happens. So be prepared and put things in writing. You are absolutely right, shitty people can be born into our families. It doesn’t define me or you but you need to be prepared if they rear their ugly heads. Just something to think about', '1cl4df3'], ['u/justsomejabroni', 10, '2024-05-06 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6lf7/', 'My dad is 78 and has never used a cellphone or computer. Do u get many clients like that?', '1cl4df3'], ['u/Tabula_Rasa69', 35, '2024-05-06 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6zii/', "How on earth does that happen? Isn't that criminal?", '1cl4df3'], ['u/Probablyinsanes', 34, '2024-05-06 05:46', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s861f/', 'Very but there was nothing we could do. He listed himself as a beneficiary or something and since my aunt wasn’t married he was able to get away with it. Can’t remember how it all worked but all the money went to him and the government. We couldn’t touch any of it', '1cl4df3'], ['u/bigheader03', 15, '2024-05-06 05:47', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s8au3/', "We come from very humble beginnings (vietnamese boat people) and my older brother now imports Canadian beef into Asia. Our family now does very well, and I'm damn proud to say we trust each other with our finances, and have access to each other's if needed. \n\nI get you may still have your reservations, but there are some very strong families out there, which again, I'm proud to say our family is one of those.", '1cl4df3'], ['u/PlateFox', 21, '2024-05-06 05:53', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s8ytp/', 'People suggesting this have no idea a far an old person with no interest im computers mindset is. Some people might be able to do a switch, but for many people its-just-not-happening. I think in those cases a trustable 3rd party must join the game, theres no other way around it.', '1cl4df3'], ['u/rufus2785', 26, '2024-05-06 05:59', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s9nvr/', "For sure you should have hired another attorney in this situation. I am sure he was banking on the fact that you wouldn't.", '1cl4df3'], ['u/Probablyinsanes', 21, '2024-05-06 06:02', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s9zjp/', 'This was before I was born. I think my parents did', '1cl4df3'], ['u/bluelightning1224', 14, '2024-05-06 09:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2sr8h3/', 'That’s so fucked. How do people live with themselves after doing something like this', '1cl4df3'], ['u/hudsoncider', 60, '2024-05-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2sw5qg/', 'Probably on their private beach in Hawaii', '1cl4df3'], ['u/bluelightning1224', 15, '2024-05-06 11:10', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2t0xpj/', 'I am not so sure karma is real. Good people would get rewarded and bad people would get punished, yet the world is ran by thieves and crooks', '1cl4df3'], ['u/ubiq1er', 46, '2024-05-06 11:57', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2t4mp2/', '"Mr White, we don\'t need a criminal lawyer, we need a - criminal - lawyer."', '1cl4df3']]], ['u/CrabbyBC', "Reaction to Chris Pan mentioning Bitcoin at OSU's commencement today", 806, '2024-05-06 01:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/', 'Fun fact: in the online doc containing his speech and own notes, he mentioned moving this part to before the singing "so those who identify as alpha males will buy in more." ', 'https://v.redd.it/1t7c1eghxoyc1', '1cl4epr', [['u/cvaldo99', 424, '2024-05-06 01:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2r9j05/', 'What a fucking joke. Who the hell is this idiot? How do you go from Obama to this?', '1cl4epr'], ['u/Mkrah', 186, '2024-05-06 01:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2r9rsw/', 'Shocked he didn’t also start trying to sell his dropshipping course', '1cl4epr'], ['u/ChickenLegs614', 359, '2024-05-06 01:38', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2raza6/', 'A bad day all around 💔\n\nShame on the university for bringing in a LinkedIn loser bitcoin shill. This is embarrassing and someone needs to be held accountable.', '1cl4epr'], ['u/RuReddy4thisJelly', 95, '2024-05-06 01:45', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rc2f8/', 'Holy crap on a cracker... who dropped the ball on picking a half-way decent speaker?\n\nWow.', '1cl4epr'], ['u/LunarMoon2001', 286, '2024-05-06 01:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rdami/', 'Trying to stay so far from politics in their choice they chose a snake oil salesman', '1cl4epr'], ['u/ButterbeerAndPizza', 157, '2024-05-06 02:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rf4ek/', 'OSU is one of the biggest universities in the country. How could they have not attracted someone better than this?', '1cl4epr'], ['u/schadkehnfreude', 73, '2024-05-06 02:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rf4x1/', 'As one of the most chronically online Michigan fans in the city, I never thought I’d see the day where everyone in Ohio Stadium was booing something and wanting to \\join\\ with them, but here we are', '1cl4epr'], ['u/One-Fall-8143', 48, '2024-05-06 02:09', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfb3c/', "Ok help a brother out, I'm out of the loop, what's going on here??", '1cl4epr'], ['u/hotacorn', 23, '2024-05-06 02:13', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfuq9/', 'That was not even the worst part of the speech. Ohio State put on a master Class in incompetence today.', '1cl4epr'], ['u/csanturio', 142, '2024-05-06 02:14', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rfwxj/', 'At the rehearsal, he mentioned how he was able to come out of his deep depression, blah blah, because, even though he retired at 35, “0’s” in your bank account don’t make you happy. Wtf?!', '1cl4epr'], ['u/csanturio', 86, '2024-05-06 02:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rg260/', 'I was like, they had Brian Stevenson last year! I wish i’d graduated last year to hear him. \n\nHow did we stoop so low!', '1cl4epr'], ['u/cedaly1968', 67, '2024-05-06 02:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rg64i/', 'I have almost as many followers on Linked In as he does. His audience there is small. Tells me they think he\'s full of 💩 and that you get bigger audiences on YouTube when you are the Messiah of "freedom"', '1cl4epr'], ['u/TroyMatthewJ', 88, '2024-05-06 02:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rgjt0/', 'did he pay OSU to do the promo. -errr speach? This is worse than embarrassing. This is egregious.', '1cl4epr'], ['u/shermanstorch', 58, '2024-05-06 02:19', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rgql5/', 'This guy is an alumni, sadly. \n\nOSU doesn’t pay commencement speakers. Sometimes that works out great, other times…', '1cl4epr'], ['u/LuckyZero', 39, '2024-05-06 02:52', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rl9oh/', "I'll do it next year. Not like I can do worse than Crypto McCulty, regardless of my qualifications.", '1cl4epr'], ['u/fruntbutt123', 69, '2024-05-06 02:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rljjs/', 'Mr. Pan was named homecoming king in 1998. The milestone remains significant to him.\n\n“I made a commitment to use that recognition to help others,” he said. “It’s an honor to come back 25 years later to share what I’ve learned to help others live free and authentic lives for a harmonious and prosperous society.”\n\nFrom OSU commencement website', '1cl4epr'], ['u/BobsYourUncle84', 54, '2024-05-06 03:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rmtdk/', '“If I have to hear one more crypto bro ramble on about bitcoin I’m going to take a full gainer off of C-deck” - some lady, probably', '1cl4epr'], ['u/dcnassau', 26, '2024-05-06 03:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rnghg/', 'Alumnus. Alumni is plural.', '1cl4epr'], ['u/CrabbyBC', 25, '2024-05-06 03:14', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ro85v/', 'dude 💀', '1cl4epr'], ['u/CrabbyBC', 106, '2024-05-06 03:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rot1e/', 'Chris Pan was the guest speaker at commencement and it was mostly a big joke. No idea what a "social entrepreneur" is, but he tried to make everyone sing, hype up Bitcoin, and say financial insecurity is a mindset of laziness, among other things... Interesting choice of speaker for sure.', '1cl4epr'], ['u/CrabbyBC', 19, '2024-05-06 03:20', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2royve/', 'Also—link to his speech here if anyone wants it: https://docs.google.com/document/d/1rhaineFpocou4t-wFUfVHB-0muWz_sDH-yDWWJkIG2Y/mobilebasic', '1cl4epr'], ['u/YeetusThatFetus9696', 120, '2024-05-06 03:22', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rp9pl/', "It's very easy to not care about money when you have lots of it.\xa0", '1cl4epr'], ['u/TrandaBear', 90, '2024-05-06 03:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rq0ii/', "Holy fuck, we had John Glenn. And I'm pretty sure both enrollment and tuition only went up since I graduated. How did this happen? And at the SPRING commencement? Like I know they slack at the other ones, but spring? Spring?!?", '1cl4epr'], ['u/Potential-Coat-7233', 24, '2024-05-06 03:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rq8og/', ">\xa0I'm aware someone died at the ceremony\n\nWait…what??!!!", '1cl4epr'], ['u/AmericanScream', 31, '2024-05-06 03:30', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rqcpl/', '[Bitcoin and crypto is a ponzi scheme](https://www.youtube.com/watch?v=tspGVbmMmVA).\n\nThe mainstream media still pretends "blockchain has potential" because they don\'t want to alienate the scammers who will pay them ad revenue. And because the scheme is "decentralized", they can constantly pretend, "well that company was a scam but not all crypto are scams." But alas, yes, all crypto is a scam.', '1cl4epr'], ['u/CuzIWantItThatWay', 49, '2024-05-06 03:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rqxli/', "I'm sure my taxes are paying for this somehow.", '1cl4epr'], ['u/Cenamark2', 41, '2024-05-06 03:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rr1ei/', 'Not really a message most recent grads would care about.', '1cl4epr'], ['u/CuzIWantItThatWay', 30, '2024-05-06 03:36', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rr8hx/', 'Fell off the bleachers... and everything just continued as normal.\n\nhttps://www.dispatch.com/story/news/2024/05/05/person-dies-during-ohio-state-graduation-after-fall-from-stadium/73579225007/', '1cl4epr'], ['u/notkevin_durant', 19, '2024-05-06 03:40', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rrrls/', 'Whoosh. You make me sad.', '1cl4epr'], ['u/zhdat', 148, '2024-05-06 03:40', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rrua9/', 'June 14th, 2009, We had John Glenn. \n\nThis is a fucking disgrace for my alma mater to have this joke as a speaker.', '1cl4epr'], ['u/Potential-Coat-7233', 15, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs319/', 'Christ that is grim. Jeez.', '1cl4epr'], ['u/sykemol', 31, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs3dg/', 'Help me out here: Who the fuck is Chris Pan?', '1cl4epr'], ['u/csanturio', 11, '2024-05-06 03:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs4jj/', 'Exactly!', '1cl4epr'], ['u/zhdat', 28, '2024-05-06 03:43', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rs77v/', 'That was a hot day in June, and I was still feeling not good from hungover, but that graduation ceremony was great. \n\nI feel sorry for graduating students getting one of the biggest achievements in their lives so far and hearing this farce.', '1cl4epr'], ['u/throwaway-goaway12', 74, '2024-05-06 03:46', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rsou6/', 'I was there. Yeah. This part of the speech was bad, but it doesn’t even TOUCH on him advertising his glorified friendship bracelet business. He sells them for $50 by the way. Thinks they’ll bring world peace.', '1cl4epr'], ['u/sroop1', 50, '2024-05-06 03:59', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rulvt/', "So basically the wish version of the Lamborghini in my lamborghini garage guy. \n\nThese fucks are such losers - I don't understand how they get a following of any kind.", '1cl4epr'], ['u/Splattered_Smothered', 13, '2024-05-06 04:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rvans/', "You wonder why it hasn't happened before--especially during a football game.", '1cl4epr'], ['u/hotacorn', 39, '2024-05-06 04:11', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rw86u/', 'The dude posted on his Linkedin that he wrote his while on Ayahuasca. No one gives a shit about his take on Crypto lmao', '1cl4epr'], ['u/nyc_flatstyle', 26, '2024-05-06 04:26', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ry9z8/', "I looked him up and still don't know. Is he the 21st century version of a QVC salesperson?", '1cl4epr'], ['u/One-Fall-8143', 16, '2024-05-06 04:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2ryeur/', "Damn that's crazy!!! I'm really curious how he got that platform in the first place. OSU commencement is no joke. A lot of people worked hard and shelled out big bucks for that day. I'll be looking forward to seeing the footage from people who recorded it. Thanks for the breakdown!!✌️", '1cl4epr'], ['u/fillmorecounty', 37, '2024-05-06 04:37', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2rzrjm/', "It's not even about whether bitcoin is a good investment, it's about it having nothing to do with our graduation and the speech being basically an incoherent crypto ad. You expect better commencement speakers from a school like OSU.", '1cl4epr'], ['u/_Ilyaz', 36, '2024-05-06 05:33', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s6mm6/', 'Whatever it takes to make yourself feel better about losing money in crypto', '1cl4epr'], ['u/sroop1', 26, '2024-05-06 05:35', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s6ub4/', 'Sounds like someone is salty they got booed.', '1cl4epr'], ['u/w_d_roll_RIP', 44, '2024-05-06 05:48', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s8fn4/', 'i’m curious where you’re going with this?', '1cl4epr'], ['u/Master_Engineer_5077', 20, '2024-05-06 05:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s8wz7/', 'People are waking up to it being a ponzi, and that blockchain is useless.', '1cl4epr'], ['u/wiiya', 24, '2024-05-06 06:00', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s9pt2/', 'My one buddy has a bunch of money in bitcoin, and since losing his girlfriend and can’t buy a house, he’s riding that wave until he can get a girlfriend and a house.', '1cl4epr'], ['u/CumToPoppa', 18, '2024-05-06 06:01', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2s9une/', 'Chris Pan? Is that you Chris??', '1cl4epr'], ['u/wiiya', 96, '2024-05-06 06:03', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sa1w1/', 'I’d like to tell you about BlueDanube coin. If you buy enough, Blue Danube will come back and you’ll be 20 something again.', '1cl4epr'], ['u/khazixian', 10, '2024-05-06 06:08', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sakai/', 'might hold off on transferring to OSU from cscc...', '1cl4epr'], ['u/mbAYYYYYYY', 15, '2024-05-06 06:16', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sbgwt/', "This reaction brings joy to my heart. Any OSU '24 resume, will be getting an extra peek from me.", '1cl4epr'], ['u/Noblesseux', 23, '2024-05-06 06:28', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2scqof/', "I feel like if you have enough money to retire at 30 and you're still unhappy you have a hole in your soul. If I had that level of money I'd be living my best life every day.", '1cl4epr'], ['u/DanniTiger', 27, '2024-05-06 07:29', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2siv4b/', "I'm SUPER upset he did that. It's OUR Commencement! It's OUR and our families day of celebration. He wasted our time and he should have had 5 people on his pay roll to check and re read his speech. This is the end or the beginning of our lives education and our journeys. He could have done better... SO MUCH BETTER... I wanted to hear about his trials and tribulations. \nI wanted to hear about the importance of diversity, how the world needs open mineded people, and to care about the environment and each other ! \nNOT BITCOIN OR SELF ADVERTISING 💔\n\nHe almost ruined the entire day... I would have rather turned 5 shades darker in the sun in my graduation gown than listen to that again...", '1cl4epr'], ['u/ThatCharmsChick', 12, '2024-05-06 07:34', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sjauo/', "Chris Pan Glover?\n\nI'll see myself out.", '1cl4epr'], ['u/love2readafraid2post', 30, '2024-05-06 08:49', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2sptzq/', "A whole stadium booing, the second they heard the word Bitcoin.\n\nButters: it's still early \n\n🤦🤦\u200d♀️🤦\u200d♂️", '1cl4epr'], ['u/Scarif_Hammerhead', 10, '2024-05-06 09:51', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2surjw/', 'Make everyone SING?', '1cl4epr'], ['u/Scarif_Hammerhead', 10, '2024-05-06 09:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2suyvp/', 'Back in the 70s when my aunt graduated from OSU nursing college, the speaker was Vice President Walter Mondale. If you think that sounds as exciting as milk left out for a day, just wait: His speech asked, "What would happen if a 2 megaton nuclear bomb exploded over the Horseshoe. I kid you not. We went to Chi Chis for dinner after and the mood was...muted.', '1cl4epr'], ['u/MukdenMan', 19, '2024-05-06 10:41', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2symxx/', '“Three blind men touch an elephant. The first says “it’s a snake! The second argues “no it’s a wall!” The third rebuts, “no it’s a rope!” None of them are wrong, but their perspectives are limited.”\n\nDid not understand the parable', '1cl4epr'], ['u/OurPlanetAlreadyDied', 17, '2024-05-06 11:17', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t1hrd/', "We wouldn't pay taxes if dept of revenue just buy Bitcoin", '1cl4epr'], ['u/LunarMoon2001', 29, '2024-05-06 11:47', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t3sww/', 'Khahiki Koin', '1cl4epr'], ['u/Sommern', 12, '2024-05-06 11:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t4dwf/', "Makes sense these unaffordable universities ended up giving esteemed roles of power to charlatans and grifters. Lets rub in those 5 and 6 figure debt numbers you gotta pay by shilling my shitcoin and also reminding you how priced out of the housing market you are. Enjoy your degree I hope your parents can help with that down payment lol because bitcoin sure as shit isn't going back to where it used to without inflation matching it.\xa0\n\nWe truly need to stop going to college. It feels like racketeering at this point.", '1cl4epr'], ['u/DamienJaxx', 22, '2024-05-06 12:39', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2t8c5f/', 'I had Bill Clinton and my ex had RL Stein. This is just pathetic.', '1cl4epr'], ['u/warfarin11', 16, '2024-05-06 13:04', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2taqdv/', '"How did you remember that." Cosby allegedly.', '1cl4epr'], ['u/orange_appled89', 13, '2024-05-06 13:15', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tbsgt/', 'I had Jack Hanna during winter commencement, for comparison.', '1cl4epr'], ['u/No-Concentrate-7560', 11, '2024-05-06 13:27', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2td4rj/', 'Fuck yeah, I didn’t even go to OSU and I want the dube back!', '1cl4epr'], ['u/buckicherry', 22, '2024-05-06 13:53', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg0y7/', 'I looked at some of his social media… looks like he’s trying to be a cult leader.', '1cl4epr'], ['u/oupablo', 39, '2024-05-06 13:54', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg326/', 'Even funnier to say that to a group of people who are being punted into the real world saddled with tons of debt.', '1cl4epr'], ['u/oupablo', 55, '2024-05-06 13:55', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tg9m1/', 'a few years later OSU had Obama while he was still president', '1cl4epr'], ['u/buckicherry', 36, '2024-05-06 13:59', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tgq5k/', 'It really makes me wonder if they had someone better booked, but due to some political/social issue the person cancelled.', '1cl4epr'], ['u/ButterbeerAndPizza', 21, '2024-05-06 14:24', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tjs1f/', 'A really good hypothesis. It feels like an intentionally “safe” pick.', '1cl4epr'], ['u/XaoxTheory', 11, '2024-05-06 14:42', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tm5fb/', 'I had Bill Cosby on the oval (during the horseshoe upgrades). Great commencement speaker, but as it turns out, terrible human', '1cl4epr'], ['u/DoppelFrog', 20, '2024-05-06 14:52', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tne76/', "Cars and electricity solve real problems.\xa0 Unlike cryptocurrency (unless the problem you're trying to solve is how to launder money or buy drugs)\xa0\xa0", '1cl4epr'], ['u/DoppelFrog', 12, '2024-05-06 15:18', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tr3dv/', 'Tell us again how Tether works.', '1cl4epr'], ['u/Potato-Boi-69', 12, '2024-05-06 15:33', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2tt7n9/', 'Brian Stevenson was pretty good. it actually felt like a commencement speech and not an ad', '1cl4epr'], ['u/P_Star7', 14, '2024-05-06 16:03', 'https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/l2txpqg/', 'They have zeros too! Just a little dash in front', '1cl4epr']]], ['u/No_Song_8952', 'Solana vs SEC - will we eventually see a messy court battle?', 15, '2024-05-06 01:38', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/', 'I was wondering what peoples thoughts are regarding the SEC coming after Solana as a security. Will we see a huge price drop and will it turn into a long drawn out messy court battle? \n\nEarly days it was BTC, ETH and XRP as the top 3 when the SEC made their move. Now Solana is similarly in that 3rd spot (give or take). \n\nMy main two bags are Solana and Hbar, and every time I want to sell my Hbar to go all in on Solana ecosystem (because I don’t have much of either and should probably give more momentum to one), I second guess myself as Hbar has Google and a range of other big players on their governance. ', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/', '1cl4wlk', [['u/NotFunnyhah', 12, '2024-05-06 01:48', 'https://www.reddit.com/r/solana/comments/1cl4wlk/solana_vs_sec_will_we_eventually_see_a_messy/l2rcczg/', "nah, if they are gonna go after someone they'll go after Eth first.", '1cl4wlk']]], ['u/Wyfs-n-gf-of-sman', 'To all the bears and decay gang saying long hold is silly.', 21, '2024-05-06 01:46', 'https://www.reddit.com/r/TQQQ/comments/1cl5304/to_all_the_bears_and_decay_gang_saying_long_hold/', "Each position has trailing stop loss in profit. Set and forget 😎\n\nI opened chatgpt in January 2023 (saw potential), couldn't invest directly so I thought tqqq would be a good way to get exposure to the tech market. \n\nWe either going for Utopia or Terminator 4: The Governator! 🔮 \n\nWhole worlds about to change dramatically, lots of jobs or parts of jobs will be deleted over the next few years with big tech leading this change. To the point of government intervention.\n\nYou'll care more about AI legislation then you will about rate rises or cuts in the next two years. (!Remindme 2 years) \n\nAnyway, the hold continues, I'll be moving a bit to bitcoin to hedge if bitcoin drops another 20 percent. \n\nTQQQ retirement estimated in 8 years. ", 'https://i.redd.it/ut3dx7563pyc1.jpeg', '1cl5304', [['u/-JPowsMoneyPrinter-', 15, '2024-05-06 02:49', 'https://www.reddit.com/r/TQQQ/comments/1cl5304/to_all_the_bears_and_decay_gang_saying_long_hold/l2rkrdl/', 'This year I started DCA of $200 a week into TQQQ. \n\nMy thesis is rather simple. I believe that we are still in the infant stages of technology. I believe that we will see another decade of growth in this sector.', '1cl5304']]], ['u/Affectionate-Arm508', 'Most haunted places in Lehigh Valley?', 16, '2024-05-06 01:50', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are touring the States and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nOur bands studio album, An Unkindness, features members of Pearl Jam, New Found Glory, and Agent Fresco. Last year, we played Stephen Kings 75th birthday celebration. Next year, our upcoming single, “Feel Like a Fugitive”, will be on the soundtrack of Grand Theft Auto 6.\n\n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=wzVPNVoxTdin2JSg9AnGow', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/', '1cl563g', [['u/LadyNorbert', 23, '2024-05-06 01:58', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rdt32/', "The Old Jail Museum in Jim Thorpe (a bit north of the Valley but certainly within reasonable driving) has a castle-like appearance and is said to be very haunted. I don't know for sure if they'd be open to what you're suggesting, but it's easy to contact them via their website. Welcome to Pennsylvania!", '1cl563g'], ['u/auniquewaterfall', 14, '2024-05-06 02:06', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rewal/', 'Hotel Bethlehem is haunted (specifically room 932). I’ve had friends with personal experiences staying in various areas of the hotel and experiencing some ghostly things.', '1cl563g'], ['u/gfffvvbhhytffvbbnbcc', 11, '2024-05-06 02:15', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rg4on/', 'Also Sun Inn in Bethlehem.', '1cl563g'], ['u/CoolFondant3766', 17, '2024-05-06 02:18', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rgjcp/', 'Constitution Drive', '1cl563g'], ['u/gwackr', 15, '2024-05-06 03:25', 'https://www.reddit.com/r/lehighvalley/comments/1cl563g/most_haunted_places_in_lehigh_valley/l2rpnsd/', 'Maybe not haunted, but would be cool for a video, Columcille Megalith Park in Bangor.', '1cl563g']]], ['u/kora_nika', 'How do we prevent OSU from having another commencement speaker like this?', 719, '2024-05-06 02:09', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/', 'What happened at commencement today made me genuinely embarrassed to be graduating from OSU. I had lots of family there, but I’m the first one to attend OSU. The commencement speaker made me feel like I went to a sham university despite how hard I’ve been working for years. I’m hoping the backlash about his objectively bad speech (regardless of how you feel about bitcoin, it wasn’t a good speech) will make OSU reconsider how they made the decision to let him do that today. Is there anywhere we can submit feedback about graduation/commencement? What’s done is done, but I don’t want future graduates to have to deal with this garbage. I think a random person from our graduating class might have actually given a better speech. We deserve better than a literal advertisement for bracelets.\n\nI was going back and forth on whether or not to go to commencement, and I ended up deciding to go because I assumed I was more likely to regret not going than going. Well, I kind of regret going. It was nice to celebrate with everyone, but that’s it. I feel especially bad for everyone who graduated high school in 2020, so this is likely to be the ONLY commencement they ever get. That sucks.\n\nAll that being said, I’ve never felt more connected to the Class of 2024 than when we all booed that guy.', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/', '1cl5jwd', [['u/BeerBooksBuckeyes', 285, '2024-05-06 02:39', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rje57/', 'I emailed Ted about it and told him he ought to feel ashamed - but I sort of suspect that maybe he’s beyond shame.', '1cl5jwd'], ['u/CrispPuraVida', 153, '2024-05-06 02:48', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rknh7/', 'I think we saw Ted realized it with that sad attempt at a magic trick, his expression said it all lmao', '1cl5jwd'], ['u/Yallaredorks', 58, '2024-05-06 03:09', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rnkvh/', 'We should all do the same. He should get the message if enough of us do this, assuming he didn’t get the message today. \n\nLet us know if he responds!', '1cl5jwd'], ['u/bubba94110', 139, '2024-05-06 03:35', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rr3s8/', 'I’m sorry you had this guy at your commencement, but having been to dozens of graduations over the years as part of my job, this was the most memorable speech I’ve ever heard. Memorably the worst. I can’t remember any of them, but I sure will remember this stinker. Really, you’ll be laughing about this at class reunions for decades to come.\n\nKudos for taking such a positive path, to find out how he was chosen (paid $$ to TOSU?) and take steps to avoid this kind of mistake in the future. Your biggest lever to use is Alumni affairs, when they come asking you for donations. \n\nI hope the speakers threat about the bracelets was just rhetorical and he will not get your email and send you crap messages.\n\nCongratulations on your hard work - best of good fortune to you!', '1cl5jwd'], ['u/OkToasterOven', 90, '2024-05-06 03:40', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rrvlp/', 'My undergrad commencement speaker (not at OSU) was terrible. And yet this sounds like a different level of terrible.', '1cl5jwd'], ['u/HeartDue3665', 56, '2024-05-06 03:41', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rs1sd/', 'As someone who was supposed to be Class of 2024 (graduated early with 2023), you’re right about this being the first real graduation many of us have had.\n\nI did not have my high school graduation. My HS diploma was given to me through a window. I am thankful to have had my first graduation with Class of 2023 and can’t imagine the disappointment of the rest of my peers who graduated this semester.\n\nIt’s honestly mind blowing how OSU went from having Gene Smith at fall commencement to this guy.', '1cl5jwd'], ['u/avamomrr', 35, '2024-05-06 03:51', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rthbt/', 'email the university senate.', '1cl5jwd'], ['u/Remote-Process-419', 20, '2024-05-06 04:21', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rxjy6/', 'Well said OP! Wth. What a disgrace. 2024 grads are screwed again.', '1cl5jwd'], ['u/Remote-Process-419', 18, '2024-05-06 04:22', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rxp1i/', 'Worst grad speech ever', '1cl5jwd'], ['u/JackKegger1969', 67, '2024-05-06 04:33', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2rz59t/', 'That was awful and an embarrassment. Seriously, how can OSU not very easily do better?', '1cl5jwd'], ['u/arkhoury9', 176, '2024-05-06 04:43', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s0gxb/', "I work at buckeye donuts and a lot of people including me were appalled by the speaker. He sounded like a piece of work. I've heard he was trying to advertise his business to the class of 2024.", '1cl5jwd'], ['u/Tri-2th', 27, '2024-05-06 04:55', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s20j6/', 'Worst speech ever. I’m going to hopefully give Ted a pass since he just got to Osu but didn’t we all cringe when he had us get up and sing? Went downhill from there, and that was a low point.', '1cl5jwd'], ['u/hipchecktheblueliner', 12, '2024-05-06 04:57', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s2cqn/', 'A couple of years ago they had Jamie Dimon, CEO of JPMorgan Chase, a Wall Street criminal. A pattern?\n\nhttps://www.vanityfair.com/news/2017/09/jamie-dimon-billion-dollar-secret-jp-morgan#:~:text=Within%20weeks%20of%20Wagner%20sharing,the%20time%20the%20largest%20ever.', '1cl5jwd'], ['u/AdventurousWafer69', 25, '2024-05-06 05:22', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s5f8m/', "So glad I went to the bathroom as soon as his speech started. I didn't go to rehearsal and people around me were saying he was gonna plug bitcoin and do a sing along. I actually though they were fucking with me for a good min there lol.", '1cl5jwd'], ['u/xEtrac', 92, '2024-05-06 05:23', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s5gxl/', 'We had the CEO of chase bank give for my commencement speech in 2021. It burned even worse because it was cold and raining that day, we all wore ponchos, and he was giving the speech from an executive suite. Talk about selling out, well done OSU.', '1cl5jwd'], ['u/Das_Booben', 46, '2024-05-06 05:37', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s75jf/', 'After the 2nd groan hit the speech I decided it was time to go get a soft pretzel and the coldest sprite known to man. It was worth it because I came back right when the box breathing was ending.', '1cl5jwd'], ['u/binary88', 45, '2024-05-06 05:57', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2s9fo8/', "I remember half the stadium walking out when everyone realized the commencement speaker couldn't be bothered to show up. I was so jaded by that point in the pandemic that I couldn't help but laugh the rest of the time.", '1cl5jwd'], ['u/NathanXXI', 65, '2024-05-06 06:56', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sfmlf/', 'Yeah he was advertising his company at the end. 100% a shill', '1cl5jwd'], ['u/Independent_Gur2136', 32, '2024-05-06 07:27', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sinhh/', 'Like was CJ stroud not available?', '1cl5jwd'], ['u/DanniTiger', 33, '2024-05-06 07:40', 'https://www.reddit.com/r/OSU/comments/1cl5jwd/how_do_we_prevent_osu_from_having_another/l2sjvnm/', "Congratulations and yes it was quite upsetting he gave that speech. We have come so far and gone though so much and he gave such a poor speech..\n\nI'm SUPER upset he did that. It's OUR Commencement! It's OUR and our families day of celebration. He wasted our time and he should have had 5 people on his pay roll to check and re read his speech. This is the end or the beginning of our lives educatio... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["VILNIUS, Lithuania,May 7, 2024/PRNewswire/ --CCPaymentis proud to announce the launch of itsunique payment API, which allows digital businesses to add dynamism to their checkout pages.\nWith this API, businesses can easily integrate crypto payments to their existing checkout pages, so customers can pay with Bitcoin, Ethereum, Stablecoins, and other popular cryptocurrencies, and confirm their transactions instantly, with minimal fees.\nThis facilitates convenience and flexibility, making it possible for businesses to go borderless, opening doors to a global marketplace.\n• CCPayment's new API has been launched, allowing businesses to accept 900+ cryptocurrencies as payment for goods and services.\n• CCPayment excels at crypto payment solutions across several industries, including iGaming, Finance, Advertising, Brokers, and Exchanges to name a few.\n• CCPayment allows API deposits for a low fee of 0.03%, compared to the industry average of 1%\n• CCPayment automates the cashout process with auto-swap, crypto-to–fiat swap, and auto-withdrawal features.\nAdvantages of\xa0CCPayment Compared To Other Crypto Payment Processors\n1. Fees:CCPayment'sfee structureis by far the best amongst other crypto payment processors available currently. CCPayment charges 0.03% for API deposits - way lower than the average industry fee of 1%.\n2. Blockchain Infrastructure:CCPayment\xa0owns powerful blockchain nodes, which can detect transaction statuses and credit amount accordingly and send immediate notification to client's server.\n3. Dedicated Account Manager:Each merchant account on CCPayment\xa0has a dedicated account manager who can be promptly reached to get customized services, negotiate fees, make special requests like supporting specific token, or provide feedback for prompt resolutions.\nFeatures of CCPayment's New Payment API\n• Easy To Integrate:Integrating CCPayment's cryptopayment APIto your existing checkout page is extremely easy and can be completed within a few hours.\n• Supports Auto-Withdrawal:All cryptocurrencies accepted from the payment API can be automatically withdrawn into an external wallet or exchange upon receipt.\n• Supports Auto-Swap:Cryptocurrencies deposited from the payment API can be automatically swapped to stable coins to hedge against potential volatility.\n• Easy Onboarding Process: The onboarding process is as simple as in 3 simple steps,register an account, verify website ownership, integration and activation. It is smooth, short, requires no documentation, and it automatically generates an internal wallet for you upon sign-up.\nAbout CCPayment\nCCPayment, Hash AI Technology Limited, alongside its sister projectCwallet, brings over five years of experience in the cryptocurrency industry. This ensures that businesses can seamlessly accept crypto payments without any complications.\nAs a\xa0crypto payment gateway, CCPayment facilitates the acceptance and processing of cryptocurrency payments for businesses and merchants. It serves as an intermediary between customers who wish to pay with cryptocurrencies like Bitcoin and businesses that want to receive these crypto assets for their products or services.\nCheck outCCPaymenttoday and open your business to a world of possibilities.\nMedia Contact:\nMaxMarketing [email protected]\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ccpayment-launches-new-payment-api-900-cryptocurrencies-accepted-now-as-payment-302136698.html\nSOURCE CCpayment", "• US stocks surged on Monday amid solid first-quarter earnings reports and renewed hopes of interest rate cuts.\n• Rate cut wagers grew following Friday's lighter-than-expected April jobs report.\n• The futures market is now pricing in at least two interest rate cuts by the end of the year.\nUS stocks surged on Monday, extending gains from Friday and marking the best three-day rally of the year as investors cheered solid first-quarter earnings report and hopes for interest rate cuts were renewed.\nOf the 80% of S&P 500 companies that have so far reported results, 81% are beating profit estimates by a median of 7%. Meanwhile, 61% of companies have beaten revenue estimates by a median of 4%, according to data from Fundstrat.\nImportantly, most mega-cap tech companies that have held up the stock market in recent years reported solid earnings growth and reiterated their outlooks for higher sales and profits. The major companyleft to report results is Nvidia,which is scheduled to deliver earnings on May 22.\nMeanwhile, the jolt of hope for interest rate cuts followedthe Friday release of the April jobs report, which was weaker-than-expected based on economists forecasts. The US economy added 175,000 jobs last month, compared to estimates for nearly 250,000 jobs.\nThe futures market sees two 25-basis point interest rate cuts from the Federal Reserve by the end of the year, which is an increase from the recent pricing of just one interest rate cut a week ago.\nInvestors will look for further clues about interest rate cuts from several Federal Reserve members this week, with nine scheduled to speak between throughout the week.\nFed President Tom Barkin said on Monday that the economy has to slow down further before interest rate cuts can happen, but markets largely didn't appear to take that as an overly hawkish view.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,180.74, up 1.03%\n• Dow Jones Industrial Average:38,852.27, up 0.46% (+176.59 points)\n• Nasdaq composite:16,349.25, up 1.19%\nHere's what else happened today:\n• Berkshire Hathaway released its first-quarter earnings results over the weekend,and revealed it held $189 billion in cash.\n• Here's what Berkshire Hathaway CEO Warren Buffett had to sayat his company's annual shareholder meeting.\n• Inflation is scrambling Americans' perceptions of middle-class lifeas rising prices weigh on consumers' purchasing power.\n• Nvidia is dominating an AI-obsessed earnings season,and it hasn't even reported its results yet.\n• Elon Musk said Warren Buffett should buy Tesla stock for Berkshire Hathaway,but that's probably never going to happen.\n• The US government is paying $2 million per minute in interest expenses,and that number is only set to grow from here.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.60% to $78.58 a barrel.Brent crude, the international benchmark, rose 0.51% to $83.38 a barrel.\n• Goldedged higher by 1.07% to $2,333.40 per ounce.\n• The 10-year Treasury yield fell 2 basis points to 4.49%.\n• Bitcoinedged lower by 1.46% to $63,099.\nRead the original article onBusiness Insider", "• The hacker sent 11 batches of 100 ether to Tornado Cash over a two-hour period.\n• The wallet also sent $32 million worth of bitcoin to an unlabelled wallet last week.\nA hacker thatstole $125 million from Poloniex's hot walletsin November has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according toblockchain data.\nThe ether, worth roughly $3.3 million, was sent to Tornado Cash in 100 ETH batches on Tuesday, having been dormant for 178 days.\nThe Poloniex hacker also sent 501 bitcoin {{BTC}} worth $32 million to an unlabelled wallet on April 30. It still holds a total of $181 million worth of crypto across various blockchains, Arkhamdata shows.\nTornado Cash is a protocol that allows users to obfuscate crypto tokens by mixing assets across multiple wallets over a prolonged period of time. It wassanctioned by the U.S. Treasury Departmentin 2022 shortly after it was used by North Korean hacking group Lazarus, which attempted to hide funds secured from the$625 million Axie Infinity exploit.\nBlockchain security firm Elliptic said in March thatLazarus Group used Tornado Cash to launder $12 millionfrom the Heco Bridge hack, which occurred shortly after the Poloniex Hack.", '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 million in the $100,000 strike call options across different maturities. That\'s the highest notional open interest among all options listed on the exchange.\nAs of writing, more than 150,000 call option contracts worth $9.5 billion were active on Deribit. That\'s more than two times the open interest in put options, a sign of bullish market expectations.\nNotional open interest refers to the dollar value locked in the number of active or open contracts. On Deribit, one options contract represents one BTC or one ether {{ETH}}.\nBoth fundamental and technical analysts are again coalesced around on the idea that the path of least resistance for bitcoin is on the higher side.\n"Bitcoin continues to be supported by the U.S. election cycle and ongoing deficit spending. This is why we have adjusted our \'line in the sand\' from 68,300 to 62,000 in our report from May 3 — the market could trade (tactically) bullish above 62,000," 10X Research said.\nSiwssblock Insights expects the dollar index (DXY) to remain defensive unless Powell\'s stance is challenged. A weaker DXY is usually good for risk assets, including cryptocurrencies.The DXY has declined by 1.2% to 105.20 since Wednesday\'s Federal Reserve meeting.\n"The dollar\'s weaker position is likely to persist as long as economic data remains supportive of that direction and as long as Federal Reserve officials don\'t counter Powell\'s stance. The labor market is showing signs of loosening, but more hawkish Fed voices could still push for keeping rates higher for longer, which may impact the dollar\'s trajectory," Swissblock Insights latest newsletter said.\nMeanwhile, Elliot wave analysis by John Glover, chief investment officer of Ledn, suggests bitcoin\'s could rise to 92,000.\n‘The BTC price action continues to track my expected path for Wave 4 as can be seen in the chart below. Although the dip to $56.5k may have completed the correction, I still expect to see a price of $52-55k before Wave 4 completes, 2/ Once the 4th wave is completed I expect that the Wave 5 push to circa $92k will ensue," Glover said in an email to CoinDesk.\nRalph Nelson Elliott introduced the Elliot wave theory in 1938 in his book The Wave Principle. The theory assumes that asset price movements can be predicted by observing and identifying a repetitive wave pattern.\nTrends unfold in five waves, of which 1,3 and 5 are impulse waves, representing the primary trend, while 2 and 4 show temporary retracements of the preceding impulse waves.', '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 million in the $100,000 strike call options across different maturities. That\'s the highest notional open interest among all options listed on the exchange.\nAs of writing, more than 150,000 call option contracts worth $9.5 billion were active on Deribit. That\'s more than two times the open interest in put options, a sign of bullish market expectations.\nNotional open interest refers to the dollar value locked in the number of active or open contracts. On Deribit, one options contract represents one BTC or one ether {{ETH}}.\nBoth fundamental and technical analysts are again coalesced around on the idea that the path of least resistance for bitcoin is on the higher side.\n"Bitcoin continues to be supported by the U.S. election cycle and ongoing deficit spending. This is why we have adjusted our \'line in the sand\' from 68,300 to 62,000 in our report from May 3 — the market could trade (tactically) bullish above 62,000," 10X Research said.\nSiwssblock Insights expects the dollar index (DXY) to remain defensive unless Powell\'s stance is challenged. A weaker DXY is usually good for risk assets, including cryptocurrencies.The DXY has declined by 1.2% to 105.20 since Wednesday\'s Federal Reserve meeting.\n"The dollar\'s weaker position is likely to persist as long as economic data remains supportive of that direction and as long as Federal Reserve officials don\'t counter Powell\'s stance. The labor market is showing signs of loosening, but more hawkish Fed voices could still push for keeping rates higher for longer, which may impact the dollar\'s trajectory," Swissblock Insights latest newsletter said.\nMeanwhile, Elliot wave analysis by John Glover, chief investment officer of Ledn, suggests bitcoin\'s could rise to 92,000.\n‘The BTC price action continues to track my expected path for Wave 4 as can be seen in the chart below. Although the dip to $56.5k may have completed the correction, I still expect to see a price of $52-55k before Wave 4 completes, 2/ Once the 4th wave is completed I expect that the Wave 5 push to circa $92k will ensue," Glover said in an email to CoinDesk.\nRalph Nelson Elliott introduced the Elliot wave theory in 1938 in his book The Wave Principle. The theory assumes that asset price movements can be predicted by observing and identifying a repetitive wave pattern.\nTrends unfold in five waves, of which 1,3 and 5 are impulse waves, representing the primary trend, while 2 and 4 show temporary retracements of the preceding impulse waves.', 'DMarket emerged as the top-ranking non-fungible token (NFT) collection on Monday, with a daily sales volume of US$842,038, which represents a 1% uptick from the day prior.\nThe collection had a total of 36,900 transactions, involving 4,304 unique buyers and 3,555 sellers.\nDMarket is a Mythos-based collection that represents in-game items for popular games like Counter-Strike 2 and Dota 2, both of which feature in top esports competitions. The International 2021, a Dota 2 tournament held in Bucharest, Romania, had a prize pool of US$40 million, the largest in esports history.\nDMarket’s market-leading daily sales on Monday pushed its historic sales volume to US$422 million, now the 16th all time.\nThe second position for the day was claimed by Solana’s Monkey Business, with daily sales reaching US$802,328. This collection saw a total of 148 transactions, engaging 74 unique buyers and 77 sellers.\nPudgy Penguins secured the third spot with a daily sales volume of US$703,920, a big leap from the previous day’s US$143,138. The day’s top Ethereum collection achieved this with just 19 transactions.\nOther notable collections include Bitcoin’s NodeMonkes and Solana’s Mad Lads. NodeMonkes recorded a daily sales volume of US$672,683 with 33 transactions, while Mad Lads followed with US$570,755 from 41 transactions.\nLast Thursday, NodeMonkes led the NFT market to flip SATS (a BRC-20 bundle) to claim the all-time leading spot among Bitcoin-based collections.\nDeGods experienced a decrease from the previous day’s sales of over US$1.1 million and generated US$564,417 in sales on Monday, dropping out of the top five.\nMutant Ape Yacht Club, on the other hand, saw an increase to US$355,212.56 in daily sales for sixth.\nBored Ape Yacht Club, the parent project of Mutant Ape Yacht Club, trailed its spinoff collection closely with US$350,481.46.\nBAYC is the world’s second-largest NFT collection by historic sales volume with US$3.14 billion.', 'Congress is considering legislation that would put strict limits on stablecoins. Specifically, the bill would reportedly banunbacked algorithmicstablecoins. In other words, the measure would force stablecoin issuers to own $1 of U.S. currency for each $1 of stablecoins that they release. Since that provision would be very expensive for issuers, many if not most existing stablecoin providers would probably have to cease operations if the law is passed.\nAnd under the bill, the Federal Reserve would have the authority to regulate stablecoins. As a result, if it passes the Fed is likely to make life difficult for stablecoin issuers. They could force many of them to fold. Since investors often use interest income from stablecoinsto purchase cryptos, the demise of a high number of stablecoin issuers is likely to put downward pressure on crypto prices. Here are three crypto stocks to sell to avoid being hurt by Congress’ looming crypto crackdown.\nSource: Primakov / Shutterstock.com\nLast quarter,Coinbase’s(NASDAQ:COIN) direct revenue from stablecoinscame in at $197.3million out of its total sales of $1.59 billion. However, the company also had interest and finance fee income of $66.7 million. And custodial fee revenue of $32.3 million. I think there’s a high probability that a large portion or all of these latter two revenue sources were also related to stablecoins. Given these points, the firm is likely to take a large, direct revenue hit if Congress passes the stablecoin bill.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nAdditionally, investment bankTD Cowenhaswrittenthat bank secrecy crypto controls will probably be included in the stablecoin bill. I interpret TD Cowen’s statement to mean that the law would place such restrictions on all cryptos, not just stablecoins.\nIn light of these points, if the bill becomes law, I predict that trading volumes on Coinbase’s exchange will sink sharply. That’s because money launderers and other criminals will stop using cryptocurrencies in order to avoid the crypto controls that will likely be included in the bill.\nGiven all of these points, I view Coinbase as one of the top crypto stocks to sell.\nSource: rafapress / Shutterstock.com\nAccording to one source,MicroStrategy(NASDAQ:MSTR)owned 214,000Bitcoin(BTC-USD) as of May 1. Its total cost associated with those Bitcoin is reportedly over $7.5 billion. As I’ve noted above, the stablecoin legislation which I expect Congress to pass will likely force many stablecoins to shut down. This will deprie many Bitcoin buyers of an important income source.\nWhat’s more, the bill also will probably force Bitcoin purchasers to comply with anti-money laundering and bank secrecy laws. Consequently, I expect many bitcoin users to sell the crypto rather than reveal their identities to the government. That selling, in turn, would put tremendous, downward pressure on MSTR stock, due to MicroStrategy’s huge bitcoin holdings.\nAlso boding badly for MSTR stock is the fact that, in the last three months, company insidershave boughtno shares of the name, while they have sold 362,000 shares.\nSource: rafapress / Shutterstock.com\nMarathon(NASDAQ:MARA)focuses on mining Bitcoin, and it owned 17,631 BTC as of May 3. As a consequence, the firm’s top and bottom-lines, will be undermined by the potential stablecoin-regulation law.\nAdditionally, as a result of the Bitcoin halving, the number of Bitcoins that Marathon earns through mininghas been cut by 50%. Consequently, the company’s top and bottom lines are likely to sink going forward.\nMany prognosticators expected the halving to greatly boost Bitcoin prices. Such a phenomenon would have helped to cut Marathon’s losses from the halving by enabling it to unload the Bitcoins that it mines for higher prices.\nButsince the halvingon April 19, Bitcoin prices are little changed. I believe that worries about the looming stablecoin bill are a big reason why the anticipated rally hasn’t materialized.\nOn the date of publication, Larry Ramer held a short position and put options on COIN. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been SMCI, INTC, and MGM. You can reach him on Stocktwits at @larryramer.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Crypto Stocks to Sell Before Congress Strikesappeared first onInvestorPlace.', 'Growth stocksare at crossroads, with investors starting to sell. After a tremendous rally over the past year, growth stocks cooled off in April as traders reassessed their prospects heading into the summer months.\nTraders are seemingly concerned that high inflation readings may cause the Federal Reserve to forgo previously anticipated interest rate cuts. At the same time, economic data is starting to cool off, suggesting that the so-called economic soft landing may be in doubt. This indicates that a more bearish scenario such as stagflation may come to the forefront.\nAll else equal, growth stocks prefer a lower interest rate environment with greater access to capital to fund expansion efforts. Thus, this recent macroeconomic twist is not particularly favorable for the category. It remains to be seen how growth stocks will fare, and the upcoming presidential election adds another question mark to the mix.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIn any case, for investors looking to trim their exposure, the following three names that are strong standouts as growth stocks to sell. All three of these growth stocks have rallied more than 50% year-to-date and seem dramatically overvalued and are at risk of a major correction.\nSource: rafapress / Shutterstock.com\nMicroStrategy(NASDAQ:MSTR) is a long-running software company. In recent years, however, it has primarily transitioned to being aBitcoin(BTC-USD) holding operation.\nIts CEO, Michael Saylor, is an extremely outspoken bull on bitcoin and cryptocurrency. He has levered up MicroStrategy’s balance sheet, issuing debt to buy Bitcoins.\nDuring times when the price of Bitcoin is going up, this leads to tremendous gains for MicroStrategy shareholders. However, this levered strategy could lose a tremendous sum of value on even a moderate pullback in Bitcoin. In the event that Bitcoin really tanked, MicroStrategy could find itselfunderwater— holding more debt than it has in Bitcoin on its balance sheet.\nRecently, Bitcoin rallied and MicroStrategy shares went to the stratosphere. However, cryptocurrency has pulled back from the highs and the macroeconomic environment is turning more challenging. Risk is more elevated in MicroStrategy going forward, and notably, Mr. Saylor has been aggressivelyreducing his positionin MSTR stock.\nOn top of that, the company just released aterrible earnings report, with the company losing more than $8/share in a single quarter while revenues missed expectations. This highlights that MicroStrategy’s core operations have stagnated and why MSTR makes the list for growth stocks to sell.\nSource: Poravute Siriphiroon / Shutterstock.com\nVital Farms(NASDAQ:VITL) is part of the better-for-you food movement.\nOther players in the space such asBeyond Meat(NASDAQ:BYND) andOatly(NASDAQ:OTLY) have seen their share prices collapse. Vital Farms has done just the opposite, however, with its shares doubling since February.\nThe company producesnaturally raised eggswhich consumers perceive to have better taste and health benefits, and also have more humane practices in how Vital Farms’ animals are raised.\nConsumers have proven that they’re willing to pay a premium for these higher quality eggs. However, there tends to be limits to how far these sorts of alternative foods companies can run up. As I mentioned, other predecessors like Beyond Meat have fared poorly as long-term investments.\nWith the recent rally, Vital Farms is trading at 50 times trailing earnings. Even with a superior product, at the end of the day Vital Farms is still selling eggs.\nThere’s not a significant competitive moat here; certainly,other producerscan deliver higher-quality eggs to market as well if the consumer demand is there. At this valuation and after an 80% rally, investors should be extremely skeptical of VITL stock.\nSource: Ken Wolter / Shutterstock.com\nWingstop(NASDAQ:WING) is another sizzling growth company that is also, improbably enough, in the chicken business. The fast casual restaurant chain sells mountains of chicken wings and related products every year.\nWingstop pandemic growth was due to its focus on delivery and not investing as heavily in its on-premise restaurant locations. That ended up being ideal for the pandemic-era market conditions. It also positions Wingstop well for the current consumer focus on delivery and in-app ordering.\nAt some point enough is enough. Wingstop has gone up 450% over the past five years and shares are already up 51% year-to-date. This is simply unbelieveable for a restaurant chain regardless of how strong the restaurant concept may be.\nRestaurant profits tend to be limited as food and labor make up a large portion of overall revenues. It generally isn’t a sound investment strategy to pay software-type valuation multiples for low-margin consumer discretionary businesses.\nWingstop is now up to more than110 timesforward earnings. This is a simply outlandish figure for a restaurant chain.\nJust look at some other recent highflyers such aStarbucks(NASDAQ:SBUX) that are now seeing theirshare prices plungesince growth slowed down.\nI’m not necessarily forecasting that Wingstop’s growth spurt is about to end. But at this sort of valuation, any sort of reversion to the mean or issues with slowing consumer spending or changes in customer behavior or preferences could cause Wingstop shares to plummet.\nOn the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nIan Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe post3 Growth Stocks to Sell in May Before They Crash & Burnappeared first onInvestorPlace.', 'At the time of thehalvingon April 19,Bitcoin(CRYPTO: BTC)was trading around $65,000. It\'s now trading under $60,000. This wasn\'t supposed to happen, given that halving events have historically been very bullish for Bitcoin. Since its peak of $73,750 on March 14, Bitcoin is down nearly 20%.\nThat officially qualifies as "dip" territory, so the obvious question becomes: "Should Ibuy the dipon Bitcoin?" While there is definitely reason to be concerned about Bitcoin\'s recent performance, there are two key factors in Bitcoin\'s favor right now. Let\'s take a closer look.\nAdmittedly, investor inflows into the new spot Bitcoin ETFs have slowed since their early scorching pace. But that was to be expected. Investors will be a lot more cautious about putting their money into an ETF if the price of the underlying asset is declining. That\'s true for any ETF, not just a Bitcoin ETF.\nThe long-term outlook, however, remains unchanged. Increasingly, investors are viewing Bitcoin as a stand-alone asset class that deserves a place in their portfolio. Right now, the growing consensus is that investors should allocate at least 1% of their portfolios to Bitcoin, and that\'s what is fueling the strong investor inflows into Bitcoin. As this percentage increases over time, investor inflows will also increase.\nMoreover, according toBlackRock Inc.(NYSE: BLK), the issuer of the populariShares Bitcoin Trust(NASDAQ: IBIT), the next wave of institutional money into Bitcoin is coming soon. BlackRock says that three different types of institutional investors -- sovereign wealth funds, pension funds, and endowments -- are getting ready to put their money into the new spot Bitcoin ETFs. So I\'m not particularly concerned right now, given that there is so much institutional money still on the sidelines.\nWhile the Bitcoin halving is one of the most anticipated events in the crypto industry, it\'s arguably one of the least understood. The halving is not a "magic button" that Satoshi Nakamoto presses, and the price of Bitcoin goes up. So anyone expecting the price of Bitcoin to spike overnight on April 19 was bound to be disappointed.\nInstead, the halving is the first step in a chain reaction of events. Via the Bitcoin algorithm, the halving reduces the reward paid out to Bitcoin miners by one-half. Another way of thinking about this is that the halving cuts the rate of new Bitcoin creation in half. That instantly makes Bitcoin even more of a disinflationary asset than it already is.\nAt the same time, the halving boosts the perceived scarcity of Bitcoin. That\'s because the maximum lifetime supply of Bitcoin is capped at 21 million coins, and there are already 19.7 million coins in circulation. Put another way, we are getting very close to the point where all the Bitcoin that will ever be created, has already been created. That\'s true scarcity, and that\'s why Bitcoin is so often compared to gold.\nIt takes time for these two effects of the halving to have their full impact, though. That\'s why the Bitcoin halving cycle generally lasts anywhere from 12 to 18 months. We probably won\'t see the full impact of the April 2024 halving until the end of this year, or perhaps even early 2025.\nPatience is the key here. Think of the way that U.S. monetary policy works -- even after the Federal Reserve announces a policy change, it takes time to see the full impact. The same is true with the halving, which can be thought of as monetary policy for Bitcoin.\nThat being said, Bitcoin\'s upward price trajectory is by no means guaranteed. In fact, Standard Chartered Bank recently warned that the price of Bitcoin might dip as low as $50,000 this year. That\'s big news, given that Standard Chartered had previously been calling for a $100,000 price tag for Bitcoin by the end of 2024.\nBut that just goes to show you how volatile the price of Bitcoin can be. For first-time crypto investors, it might seem jarring that the price of Bitcoin can go up or down by 10% in a single 24-hour period. So, before you invest in Bitcoin, you need to be comfortable with this volatility.\nBut longtime Bitcoin investors know the drill by now: always buy the dip. Over the short term, the price of Bitcoin can and will fall. But over the long term, the price of Bitcoin has nowhere to go but up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown More Than 10% After the Halving, Is Bitcoin Still a Buy?was originally published by The Motley Fool', 'At the time of thehalvingon April 19,Bitcoin(CRYPTO: BTC)was trading around $65,000. It\'s now trading under $60,000. This wasn\'t supposed to happen, given that halving events have historically been very bullish for Bitcoin. Since its peak of $73,750 on March 14, Bitcoin is down nearly 20%.\nThat officially qualifies as "dip" territory, so the obvious question becomes: "Should Ibuy the dipon Bitcoin?" While there is definitely reason to be concerned about Bitcoin\'s recent performance, there are two key factors in Bitcoin\'s favor right now. Let\'s take a closer look.\nAdmittedly, investor inflows into the new spot Bitcoin ETFs have slowed since their early scorching pace. But that was to be expected. Investors will be a lot more cautious about putting their money into an ETF if the price of the underlying asset is declining. That\'s true for any ETF, not just a Bitcoin ETF.\nThe long-term outlook, however, remains unchanged. Increasingly, investors are viewing Bitcoin as a stand-alone asset class that deserves a place in their portfolio. Right now, the growing consensus is that investors should allocate at least 1% of their portfolios to Bitcoin, and that\'s what is fueling the strong investor inflows into Bitcoin. As this percentage increases over time, investor inflows will also increase.\nMoreover, according toBlackRock Inc.(NYSE: BLK), the issuer of the populariShares Bitcoin Trust(NASDAQ: IBIT), the next wave of institutional money into Bitcoin is coming soon. BlackRock says that three different types of institutional investors -- sovereign wealth funds, pension funds, and endowments -- are getting ready to put their money into the new spot Bitcoin ETFs. So I\'m not particularly concerned right now, given that there is so much institutional money still on the sidelines.\nWhile the Bitcoin halving is one of the most anticipated events in the crypto industry, it\'s arguably one of the least understood. The halving is not a "magic button" that Satoshi Nakamoto presses, and the price of Bitcoin goes up. So anyone expecting the price of Bitcoin to spike overnight on April 19 was bound to be disappointed.\nInstead, the halving is the first step in a chain reaction of events. Via the Bitcoin algorithm, the halving reduces the reward paid out to Bitcoin miners by one-half. Another way of thinking about this is that the halving cuts the rate of new Bitcoin creation in half. That instantly makes Bitcoin even more of a disinflationary asset than it already is.\nAt the same time, the halving boosts the perceived scarcity of Bitcoin. That\'s because the maximum lifetime supply of Bitcoin is capped at 21 million coins, and there are already 19.7 million coins in circulation. Put another way, we are getting very close to the point where all the Bitcoin that will ever be created, has already been created. That\'s true scarcity, and that\'s why Bitcoin is so often compared to gold.\nIt takes time for these two effects of the halving to have their full impact, though. That\'s why the Bitcoin halving cycle generally lasts anywhere from 12 to 18 months. We probably won\'t see the full impact of the April 2024 halving until the end of this year, or perhaps even early 2025.\nPatience is the key here. Think of the way that U.S. monetary policy works -- even after the Federal Reserve announces a policy change, it takes time to see the full impact. The same is true with the halving, which can be thought of as monetary policy for Bitcoin.\nThat being said, Bitcoin\'s upward price trajectory is by no means guaranteed. In fact, Standard Chartered Bank recently warned that the price of Bitcoin might dip as low as $50,000 this year. That\'s big news, given that Standard Chartered had previously been calling for a $100,000 price tag for Bitcoin by the end of 2024.\nBut that just goes to show you how volatile the price of Bitcoin can be. For first-time crypto investors, it might seem jarring that the price of Bitcoin can go up or down by 10% in a single 24-hour period. So, before you invest in Bitcoin, you need to be comfortable with this volatility.\nBut longtime Bitcoin investors know the drill by now: always buy the dip. Over the short term, the price of Bitcoin can and will fall. But over the long term, the price of Bitcoin has nowhere to go but up.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nDown More Than 10% After the Halving, Is Bitcoin Still a Buy?was originally published by The Motley Fool', 'Investing incryptocurrenciescan be daunting, especially for newcomers to the space. With thousands of cryptocurrencies available and constantly evolving technology, navigating the market can be overwhelming. However, I\'ve found a valuable ally in my investment journey: ChatGPT.\nChatGPT is anartificial intelligencelanguage model that can understand and generate human-like text based on the input it receives. It\'s one of the first widely available AI applications that can interact with users in natural language, offering solutions to various tasks and providing valuable insights across a wide range of topics, especially cryptocurrencies. While its answers aren\'t always foolproof, making it imperative to conduct further research, ChatGPT can be a loyal sidekick for investing in crypto. Here are some ways I\'ve used it.\nOne of the most valuable ways I\'ve utilized ChatGPT is by simply exploring the basics of a blockchain or cryptocurrency I don\'t fully understand yet. Its ability to process information and provide clear responses is invaluable in a landscape that is overflowing with information. With so many options available, it\'s essential to understand the strengths and weaknesses of each cryptocurrency before making an investment decision.\nAs so often is the case in crypto, I find myself not even knowing where to start when trying to learn about the inner workings of a cryptocurrency that make it unique. If you are in this position, it can be as simple as copying and pasting excerpts from whitepapers or documentation on cryptocurrencies and asking ChatGPT to summarize the most important points. In doing so, you not only save yourself time but can get responses put into layperson\'s terms, which is often a rarity in crypto.\nFor example, let\'s say you struggle to understand howBitcoin(CRYPTO: BTC)works and what makes it unique. You could ask ChatGPT something simple like "How does Bitcoin achieve decentralization, and why is it important?" Or you can take things a step further with a question like "Can you explain the process of Bitcoin mining and its significance in the Bitcoin network?"\nChatGPT\'s analysis won\'t directly tell you whether Bitcoin is worth an investment, but it will provide you with valuable insight that could spur further exploration of a cryptocurrency\'s nuances and aid your decision-making process.\nAnother way ChatGPT has been instrumental in my investment strategy is by helping me understand new technologies in the crypto space. Many aspects of cryptocurrencies can be difficult to grasp. By using ChatGPT, you can get a simple explanation of intricate mechanisms and processes that make cryptocurrencies so innovative.\nFor example, I\'ve used ChatGPT to delve into the technological aspects of rollups, a complicated process used by Layer 2 blockchains to finalize transactions. By asking questions like "What are the advantages and limitations of optimistic rollups compared to zk-rollups, specifically in terms of scalability, security, and adoption potential within Layer 2 blockchain ecosystems?" From here, I can gain insights into how these technologies work and their potential impact on the market.\nCompared to the stock market, there are a plethora of new ways to make money in cryptocurrencies beyond just buying and holding. However, these processes can be confusing and complex.\nBy leveraging ChatGPT\'s ability to synthesize information and provide clear explanations, I have been able to delve into innovative investment approaches such as yield farming, providing liquidity, and many other endeavors in decentralized finance (DeFi) protocols with confidence.\nI can ask, "What are the risks and potential rewards of participating in yield farming?" or "How does providing liquidity work, and which platforms offer the most promising opportunities?" ChatGPT\'s responses help me understand these complex concepts, evaluate their viability, and diversify my investment portfolio in emerging sectors of the crypto market.\nAs useful as ChatGPT is, it does have limitations. Rarely, if ever, will it give you direct investing advice. And this is for the better, as the technology still has lapses and makes mistakes. In addition, its knowledge base is cut off at January 2022, so it won\'t be aware of any recent developments or newer cryptocurrencies that have hit the market since then.\nHowever, even with its limitations, ChatGPT can give you the information and insights to navigate crypto confidently. From finding trends in data to answering simple questions, the best way to see how ChatGPT can help you is by trying it for yourself. Remember to be cautious and skeptical in its answers and follow up with your own research. But with some time, you will begin to learn how it ticks, discover its strengths and weaknesses, and how to use it as a tool in your crypto investing journey.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nUnlocking Crypto Opportunities: How ChatGPT Enhanced My Investment Strategywas originally published by The Motley Fool', '• Galaxis, a "post-hype NFT utility platform," has raised $10 million ahead of its token launch.\n• Participants included Chainlink, Ethereum Name Services (ENS) and Rarestone Capital.\nAs it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million from funders including Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday.\nGains made through the company\'s node sale of more than 11,000 \'Galaxis Engines\' also contributed to the total funding.\nThe platform, which helps creators and brands introduce collections ofnon-fungible tokens(NFTs), has worked with celebrities including DJ Steve Aoki, actor Val Kilmer and NBA personality LaMelo Ball. It has sold more than 225,000 NFTs over the last couple of years, generating over 32,000 ETH ($100 million) in secondary sales of NFTs and is now preparing for "mass distribution," the company said.\n"The next step is to see the use of our native GALAXIS token supercharge the ecosystem," said CEO and co-founder Andras Kristof, who also installed the first bitcoin ATMs in Singapore. He also said that as a post-hype NFT utility platform, "we believe the use of this new technology will go beyond the hype" and be of real value to all industries beyond Web3.\nIncubated by CoinMarketCap, Galaxis allows individuals or brands with a community to create engagement and reward mechanisms for their communities through NFTs by removing the need for any third-party engagement tools with a built-in economy.\nRead More:Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton', 'TORONTO,May 7, 2024/CNW/ -DeFiTechnologies Inc. (the "Company" or "DeFiTechnologies") (CBOE CA:DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, has successfully repaidUS$19.5 millionin outstanding loans (the "Loans"). As ofApril 30, 2024, and due to favourable business conditions, Valour has fully repaid balances ofUS$6 millionandUS$13.5 million, which were secured by BTC andETHcollateral, respectively. No further equity or debt was raised to repay the Loan.\nThe Loans, which were structured with "open term" tenures allowing for flexible repayment, were fully repaid onApril 30, 2024. This strategic financial management will result in substantial savings for Valour, eliminating monthly interest expense of approximatelyUS$226,000, orUS$2,712,000annually.\nFurthermore, the repayment of the Loans released digital asset collateral back into Valour\'s operational fold (approximately 100 BTC and 5,000ETH). These digital assets, previously tied up as collateral, are now available to be staked and generate additional top-line revenue for Valour.\nThis development is a testament to Valour\'s financial health and prudent capital management. By freeing up additional digital assets and reducing financial liabilities, Valour has continued its commitment to leveraging its financial agility to enhance its market position and capitalize o Last 60 Days of Bitcoin's Closing Prices:* [68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-07 Financial & Commodity Data: - Gold Closing Price: $2315.20 - Crude Oil Closing Price: $78.38 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,246,743,967,850 - Hash Rate: 534321337.7139056 - Transaction Count: 372643.0 - Unique Addresses: 495831.0 Social & AI Sentiment: - Fear & Greed Index: 0.68 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcointook a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more. Crypto markets rebounded slightly on reports Israel and its allies shot down over 99% of the incoming drones, cruise missiles, and ballistic missiles, but Bitcoin was still trading closer to $65,000 by Monday morning. While the crisis appears contained, at least for now, the scary episode serves a fresh challenge to one of the crypto world’s favorite narratives—that if the world goes to hell and countries collapse, Bitcoin will flourish as a store of value. Instead, as the weekend’s sudden price drop showed, investors are more inclined to dump Bitcoin than to buy it. Meanwhile,gold—which many view as the original and ultimate store of value—ticked up at the height of the weekend’s crisis. It’s true that Bitcoin’s sudden drop was fueled by a wave of liquidations as traders, some of whom were leveraged 50x or more, couldn’t cover their positions after prices first dipped on the war news, which led to still more selloffs. In contrast to these short-term traders, there are many more people holding Bitcoin for the long term—and it’s a safe bet few of them sold or were even tempted to do so. Still, this doesn’t change the fact that amid the latest geopolitical crisis, more people chose to sell Bitcoin than buy it. The broader market treated Bitcoin as a risky asset to flee in favor of traditional safe havens like gold, bonds, and the U.S. dollar. Regardless of whether the broader market view is correct, that’s what happened when Iran started firing missiles. Even though Bitcoin, for now at least, can’t claim to be an economic safe haven, this weekend’s events show that the crypto markets may serve as something else—an early warning signal. Unlike traditional markets, crypto exchanges operate around the clock. Meanwhile, many people in the crypto world follow geopolitical events closely. These conditions mean that crypto prices are among the first to respond to major news events and, when those events occur outside market hours, could serve as a good predictor for what will happen at the opening bell. No doubt people are already working on trading algorithms to do just that. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', '• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', "• The recent equity rebound stalled as investor rate cut bets were made uncertain by Fed commentary.\n• Fed President Neel Kashkari said rates might not be restrictive enough to clamp down on inflation.\n• Earnings continued to roll in, with Disney and Palantir dropping sharply following first-quarter reports.\nUS stocks were mostly higher Tuesday, with the S&P 500 and Dow Jones Industrial Average continuing to pull slightly higher.\nThe Dow hit its fourth straight day of gains, adding to a rebound that started last week. The rally was slowed during Tuesday's session as doubt about rate cuts crept back up following comments from Minneapolis Federal Reserve President Neel Kashkari, who noted that interest rates may not yet berestrictive enough to clamp down on inflation.\nHis remarks followed similar hawkishness from Fed President Tom Barkin on Monday, who indicated that the economy will need to slow down more before policy can pivot.\nStill, futures markets see two 25-basis point interest cuts this year, better than what was expected in April.\nInvestors will tune in to further commentary this week as Fed Governor Lisa Cook and Chicago President Austan Goolsbee are lined up to speak on Wednesday and Friday.\nMeanwhile, earnings data continues to flow in and has helped keep indices afloat. However, weak reports sent shares inDisneyandPalantirplunging 10% and 15% on Tuesday.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,187.70, up 0.13%\n• Dow Jones Industrial Average: 38,884.26, up 0.08% (+31.99 points)\n• Nasdaq composite: 16,332.56, down 0.1%\nHere's what else happened today:\n• Nvidia still has 22% upsideand its valuation is still cheap, Goldman Sachs says.\n• Inflation will rocket if the US doesn't focus onbuilding domestic industries, investment manager Richard Bernstein warns.\n• A 'proper' downturnwill hit in late 2024, spurring a steep Fed pivot, Manulife's chief economist says.\n• The US is unlikely to achieve asoft landing as low-income consumers cut back on spending, Citi CEO Jane Fraser says.\n• Billionaire investor cut back his Nvidia holdings asAI investing has become 'overhyped' for now.\n• A super-rare Magic: The Gathering cardjust sold for a record $3 billion.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil increased 0.6% to $78.52 a barrel.Brent crude, the international benchmark, inched up 0.1% to $83.22 a barrel.\n• Goldslipped by 0.31% to $2,313.23 per ounce.\n• The 10-year Treasury yield slid two basis points to 4.465%.\n• Bitcoinwas essentially flat at $63,142.\nRead the original article onBusiness Insider", 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a focus on sustainable green energy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns and operates state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavour to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.\nEnvironmental Sustainability:\n• Green Energy: By sourcing green renewable energy, HIVE is committed to environmental responsibility, positioning itself as a leader in sustainable cryptocurrency mining.\n• Competitive Advantage: We believe this environmentally conscious approach sets HIVE apart from competitors and aligns with evolving investor preferences.\nExpansion into AI Strategy:\n• Diversification: HIVE\'s diversification into HPC enables us to support artificial intelligence (AI) using Nvidia GPU chips, showcasing our adaptability and innovation beyond traditional Bitcoin mining.\n• Revenue Streams: This strategic move into HPC broadens HIVE\'s revenue streams and places it at the forefront of technological advancements in both cryptocurrency and AI industries.\nHIVE\'s unique value proposition encompasses efficient operations, a proven agile management team, financial strength, environmental sustainability, and innovative expansion strategies. Beyond Bitcoin mining, HIVE is firmly part of the global boom in data center infrastructure, sourcing primarily green renewable energy.\nHIVE presents a unique growth opportunity with over 2,300 Bitcoins on its balance sheet and growing revenue from its suite of Nvidia GPU chips powering data services for the AI revolution.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEdigitaltechnologies.com. Follow@HIVEDigitalTechon Twitter and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:Frank HolmesTel: (604) 664-1078\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-Looking information" in this news release includes but is not limited to: business goals and objectives of the Company; the results of operations for April 2024; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings atwww.sec.gov/EDGARandwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the Company\'s current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/208355', 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a focus on sustainable green energy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns and operates state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavour to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.\nEnvironmental Sustainability:\n• Green Energy: By sourcing green renewable energy, HIVE is committed to environmental responsibility, positioning itself as a leader in sustainable cryptocurrency mining.\n• Competitive Advantage: We believe this environmentally conscious approach sets HIVE apart from competitors and aligns with evolving investor preferences.\nExpansion into AI Strategy:\n• Diversification: HIVE\'s diversification into HPC enables us to support artificial intelligence (AI) using Nvidia GPU chips, showcasing our adaptability and innovation beyond traditional Bitcoin mining.\n• Revenue Streams: This strategic move into HPC broadens HIVE\'s revenue streams and places it at the forefront of technological advancements in both cryptocurrency and AI industries.\nHIVE\'s unique value proposition encompasses efficient operations, a proven agile management team, financial strength, environmental sustainability, and innovative expansion strategies. Beyond Bitcoin mining, HIVE is firmly part of the global boom in data center infrastructure, sourcing primarily green renewable energy.\nHIVE presents a unique growth opportunity with over 2,300 Bitcoins on its balance sheet and growing revenue from its suite of Nvidia GPU chips powering data services for the AI revolution.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEdigitaltechnologies.com. Follow@HIVEDigitalTechon Twitter and subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Digital Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:Frank HolmesTel: (604) 664-1078\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-Looking information" in this news release includes but is not limited to: business goals and objectives of the Company; the results of operations for April 2024; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company\'s ability to utilize the Company\'s at-the-market equity offering program (the "ATM Program") and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company\'s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company\'s profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company\'s disclosure documents under the Company\'s filings atwww.sec.gov/EDGARandwww.sedarplus.ca.\nThe forward-looking information in this news release reflects the Company\'s current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/208355', "While most of the top cryptocurrencies are trading sideways or slightly down,Solana (SOL)stands out with a nearly 2.28% increase over the past day. According to CoinMarketCap data, Solana is currently trading at $155.03, marking a week-long gain of over 20.36%. Despite a turbulent month that saw its value swing from a high of $184 to a low of nearly $120, Solana has been steadily climbing in the past week, outpacing the gains of Bitcoin and Ethereum.\nIn contrast, Bitcoin remained flat over the past 24 hours, trading at $63,618, while Ethereum has dipped slightly by 0.84% to $3,075. Over the past week, Bitcoin has seen a modest increase of 4.05%, while Ethereum is up 2.20%.\nAmong the top 100 coins by market capitalization, a couple of notable gainers are in the Solana ecosystem. Jupiter's token,JUP, which serves as a decentralized exchange aggregator, has risen 25% over the past week to reach a price of $1.14. Additionally, leading Solana-based memecoinDogwifhat (WIF)has experienced an over 35% increase over the past 7 days, reaching $3.28.\nSolana's recent resurgence coincides with a surge in new tokens deployed on the network using the SPL standard. On Saturday alone, a record-breaking 14,648 new tokens were deployed on Solana, as reported by Solscan. This trend has continued for the past two weeks, with at least 10,000 new tokens being introduced on the network each day.", "While most of the top cryptocurrencies are trading sideways or slightly down,Solana (SOL)stands out with a nearly 2.28% increase over the past day. According to CoinMarketCap data, Solana is currently trading at $155.03, marking a week-long gain of over 20.36%. Despite a turbulent month that saw its value swing from a high of $184 to a low of nearly $120, Solana has been steadily climbing in the past week, outpacing the gains of Bitcoin and Ethereum.\nIn contrast, Bitcoin remained flat over the past 24 hours, trading at $63,618, while Ethereum has dipped slightly by 0.84% to $3,075. Over the past week, Bitcoin has seen a modest increase of 4.05%, while Ethereum is up 2.20%.\nAmong the top 100 coins by market capitalization, a couple of notable gainers are in the Solana ecosystem. Jupiter's token,JUP, which serves as a decentralized exchange aggregator, has risen 25% over the past week to reach a price of $1.14. Additionally, leading Solana-based memecoinDogwifhat (WIF)has experienced an over 35% increase over the past 7 days, reaching $3.28.\nSolana's recent resurgence coincides with a surge in new tokens deployed on the network using the SPL standard. On Saturday alone, a record-breaking 14,648 new tokens were deployed on Solana, as reported by Solscan. This trend has continued for the past two weeks, with at least 10,000 new tokens being introduced on the network each day.", 'Revolut, the global fintech company and neobank, has made a significant entry into the cryptocurrency space with the introduction of Revolut X, a specialized crypto trading platform for retail customers in the United Kingdom. The platform, which aims to rival major cryptocurrency exchanges, offers easy access and minimal fees.\nInitially, Revolut X will enable trading for over 100 cryptocurrencies, including popular choices like Bitcoin (BTC), Ether (ETH), and XRP. However, the platform plans to expand its selection in the coming months. Revolut X features seamless conversion of fiat currencies like the British pound to cryptocurrencies and vice versa, referred to as "on-ramping" and "off-ramping." Notably, the platform charges fixed fees of 0% for makers and 0.09% for takers, regardless of the trading volume, potentially undercutting its competitors.\nRevolut X is designed with seasoned crypto traders in mind, but all UK users with a retail account can access the platform. They can seamlessly trade between the platform and their Revolut accounts without additional fees or limitations. Revolut stated that customers\' digital assets are held 1:1 and never lent out. The majority of these funds are stored in cold storage, and rigorous custodian due-diligence and constant risk monitoring ensure a market-leading solution for customers.\nRevolut\'s move into the crypto space comes after scaling back its crypto offerings in the UK and the US due to regulatory challenges. However, with the launch of Revolut X, the company demonstrates a renewed focus on cryptocurrencies. Revolut, which initially started as a money transfers service in the UK in 2015, has grown into one of the country\'s largest fintech companies, boasting over 40 million users worldwide. In 2017, it began allowing users to buy, hold, and trade cryptocurrencies.', 'CryptoPunks topped the daily sales chart with US$1.7 million, up from US$130,640 from the day prior.\nEthereum-based CryptoPunks was one of two non-fungible token (NFT) collections with more than US$1 million in sales on Tuesday, from just 14 transactions, according to CryptoSlam data.\nCryptoPunks’ all-time sales volume rose to US$2.82 billion, third in the all-time NFT sales.\nThe second-highest performer of the day was another Ethereum collection, Bored Ape Yacht Club (BAYC), which recorded US$1.05 million in sales.\nBAYC previous day’s US$350,481, with unique buyers growing to 17 and sellers to 27, culminating in 19 total transactions. BAYC’s all-time sales now stand at US$3.14 billion, which is second in all-time sales.\nBAYC and CryptoPunks led the Ethereum chain’s US$7.7 million in daily sales, the highest volume among NFT blockchains.\nDMarket dropped to the third spot in daily sales aftertoppingthe charts on Tuesday. Its sales reached US$839,582, dropped less than a percent from the previous.\nOther notable collections include Mad Lads and NodeMonkes, which also experienced substantial daily sales. Mad Lads saw a daily sales volume of US$800,761, an increase from the previous day’s US$543,026. Bitcoin-based NodeMonkes followed closely with US$750,024 in daily sales, up from US$672,684 the day before.\nSolana Monkey Business and Ethereum’s Pudgy Penguins also made headlines with their daily sales figures.\nSolana Monkey Business recorded US$656,402 in sales, while Pudgy Penguins posted US$595,679, both collections showing a slight decrease from their previous day’s performance.\nNew entries to the day’s top 10 include the $PMPS BRC-20 NFTs collection, which surged to the top 10 with US$551,476 in sales, exploding by more than 500% from the day prior.\nDeGods and DogeZuki Collection rounded out the list with sales of US$411,440 and US$380,574, respectively.', "Chicago, IL – May 8, 2024 – Today, Zacks Investment Ideas feature highlights Amazon's AMZN, Coinbase Global COIN and Transdigm Group TDG.\nAs earnings season begins to wind down, the standout performers are easier to identify. While some stocks posted adequate quarterly earnings, others really wowed Wall Street.\nThese exceptional performers not only exceeded expectations but also provided compelling outlooks, signaling strong potential for future growth.\nAs investors sift through the earnings reports to find winners, I must highlight three stocks that I have been impressed with and believe are poised for further upside potential.\nAmazon's recent earnings report painted a rosy picture, with profits exceeding expectations. The star of the show was their cloud computing division, Amazon Web Services (AWS), which saw significant growth fueled by the surging demand for AI capabilities. This strong performance in AWS underscores Amazon's prime position to capitalize on the booming AI market.\nAWS grew an impressive 17% YoY and brought in $25 billion in revenue for the quarter. Even more impressive was the $9.4 billion profit earned from the segment, demonstrating the huge margins the business enjoys.\nAdditionally, Amazon enjoys aZacks Rank #2 (Buy)rating. Earnings estimates have been revised considerably higher over the last week and across timeframes. Furthermore, EPS are forecast to grow 29.6% annually, which is a very high pace of growth and among the highest of the mega-cap technology stocks.\nCoinbase Global reported a stunning earnings beat last week, bringing in $4.40 of EPS, far exceeding analysts' expectations of $1.28. Revenue was 20% above estimates as well.\nMore than anything, Coinbase has a dominant role in the cryptocurrency ecosystem, especially in the United States. As long as cryptocurrencies and Bitcoin especially remain in a bull market, Coinbase should be one of the primary beneficiaries.\nCoinbase Global currently boasts aZacks Rank #1 (Strong Buy)rating, reflected by strongly upward trending earnings revisions. Earnings expectations have been unanimously upgraded by 250%-300%!\nCoinbase stock is also a powerful trading vehicle. The price action has regularly been consolidating and building out these descending wedges from which it breaks out aggressively from. If COIN stock can clear the $220 level it should make another attempt at its recent highs.\nTransdigm Group soared in its second quarter, exceeding analysts’ expectations. Revenue jumped 20.5%, driven by strong demand across their aerospace platforms. Net income also rose significantly, with earnings per share up over 32% year-over-year. This positive performance reflects the ongoing recovery in the commercial aerospace industry, and TransDigm is well-positioned to benefit from continued growth in passenger traffic.\nTransdigm also has aZacks Rank #2 (Buy)rating, reflecting upward trending earnings revisions.\nTransdigm Group is a lesser-followed stock that has consistently delivered exceptional long-term returns. As a leading manufacturer of aerospace components and systems, TransDigm specializes in producing highly engineered products for use in commercial and military aircraft.\nDespite flying under the radar for many investors, TransDigm's unique business model and focus on high-quality, proprietary products have contributed to its impressive track record of growth and profitability. Over the years, TransDigm has demonstrated its ability to generate strong cash flow and consistently outperform market expectations, making it a compelling investment opportunity for those seeking exposure to the aerospace industry.\nWhile there were a number of strong earnings reported this quarter, these three stocks really jumped out to me. Not only are all of them regular market outperformers but are further bolstered by the top Zacks Ranks.\nFor investors looking to add exposure following earnings, these are three worthy considerations.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nAmazon.com, Inc. (AMZN) : Free Stock Analysis Report\nTransdigm Group Incorporated (TDG) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "Chicago, IL – May 8, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Coinbase Global Inc. COIN, Robinhood Markets Inc. HOOD, CleanSpark Inc. CLSK and Interactive Brokers Group Inc. IBKR.\nThe cryptocurrency market suffered a severe blow in April after a strong rally in the previous 15 months. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen nearly 15% thereafter. Bitcoin gained more than 67% in first-quarter 2024 after jumping 157% in 2023.\nOne of the major reasons behind the decline in Bitcoin price was the halving event, which took place last month. The Bitcoin halving event happens once in four years. Moreover, U.S. equity markets tumbled in April owing to market participants’ concern that the Fed will keep the interest rate higher for longer in light of the sticky inflation rate and a resilient labor market. A higher interest rate is detrimental to high-growth sectors like technology, consumer discretionary and cryptocurrency.\nNevertheless, with the April Bitcoin halving event now concluded, there is widespread speculation that the reduction in the supply of Bitcoins will result in a scarcity-driven price increase for the digital asset in the upcoming months.\nMiners who validate and record transactions receive rewards from the Bitcoin network and transaction fees. Halving reduces the block reward by half, aiming to cap Bitcoin's global circulation at 21 million. Consequently, demand for new Bitcoins increases, driving up prices.\nMeanwhile, Wall Street rebounded in early May following a sharp decline in the April job additions, a notable deterioration of the U.S. GDP growth rate in first-quarter 2024, the contraction of manufacturing and services PMI in April and less-than-hawkish statement by Fed Chairman Jerome Powell after the May FOMC meeting. Consequently, investors’ expectations for the number of interest rate cuts in 2024 rose.\nSeveral research firms have said that this is just the beginning of the Bitcoin rally. Standard Chartered expects Bitcoin to reach $100,000 by the end of 2024. Research firm Fundstrat has provided a target range of $116,000 to $137,000 for this year. Hedge fund SkyBridge predicts Bitcoin to touch $170,000 by April 2025.\nFurthermore, VanEck estimated a medium-term target of $350,000 for Bitcoin. Connors' firm has estimated that the base case Bitcoin will reach $110,000 in 2024 and $140,000 next year. However, according to the firm’s best-case scenario, the cryptocurrency will hit $180,000 in 2024 and $450,000 in 2025.\nWe have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2(Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nNVIDIA Corp.is a semiconductor industry giant and one of the biggest success stories of 2023. As a leading designer of graphic processing units (GPUs), the NVDA stock usually soars on a booming crypto market. This is because GPUs are pivotal to data centers, artificial intelligence, and the creation of crypto assets.\nZacks Rank #2 NVIDIA’s expected earnings growth rate for the current year is 84.7% (ending January 2025). The Zacks Consensus Estimate for its current-year earnings has improved 0.4% over the last 30 days.\nCoinbase Global Inc.provides financial infrastructure and technology for the crypto economy in the United States and internationally. COIN offers the primary financial account in the crypto space for consumers, a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment.\nZacks Rank #1 Coinbase Global has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 11.1% over the last seven days.\nRobinhood Markets Inc.operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform.\nZacks Rank #2 Robinhood Markets has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 16% over the last 30 days.\nCleanSpark Inc.operates as a Bitcoin miner in the Americas. CLSK owns and operates data centers that primarily run on low-carbon power. CLSK’s infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion.\nZacks Rank #2 CleanSpark has an expected earnings growth rate of 89.2% for the current year (ending September 2024). The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last 60 days.\nInteractive Brokers Group Inc.is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures.\nZacks Rank #1 Interactive Brokers Group has an expected earnings growth rate of 12.4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.9% over the last 30 days.\nSince 2000, our top stock-picki Last 60 Days of Bitcoin's Closing Prices: [68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-08 Financial & Commodity Data: - Gold Closing Price: $2313.60 - Crude Oil Closing Price: $78.99 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,229,002,710,000 - Hash Rate: 556219753.1939834 - Transaction Count: 450856.0 - Unique Addresses: 514675.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It's a sign of how fast crypto moves that Ethereum's landmarkDencun upgradelast week is already fading from the headlines. Eyes are now turning to Bitcoin's next quadrennial halving. There's also plenty of gawking at the meme coin frenzy on Solana. (Who doesn't likesloths?) In this week's issue of The Protocol: • Exclusive interview with Solana co-founder Anatoly Yakovenko (on this week'sThe Protocol podcast) regarding what he thinks of meme coin traders, and why he welcomes the latest episode of congestion as a network stress test. • Craig Wright, Polygon, Starbucks, GCR, Dogwifhat, Peter Schiff,Ether.Fi. • Top picks from this week'sProtocol Villagecolumn: Mysten Labs, Sui, Starknet, OP Labs, Stellar, Conio. • More than $60M of blockchain project fundraisings. • Dencun postscript: Which Ethereum layer-2 network is seeing the cheapest fees? This article is featured in the latest issue ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Also please check out our weeklyThe Protocolpodcast. HALVE TIME:The expected date of the next Bitcoin halving keeps creeping forward – thanks to miners upgrading tofaster, more powerful machinesand powering up older models, incentivized by this year's BTC price runup to a new all-time high around $74,000. The halving's ETA is now somewhere around mid-April, a couple weeks earlier than was expected a few months ago. Asimilar thing happened four years ago, when prices were also surging, essentially causing the blockchain to speed up. What's different this time around – and perhapsdifferent from pretty much every prior halvingin the network's 15-year history – is how many projects are now targeting the event for hype-inducing launches and other frenzy-inciting pursuits. Chief among those is the planned launch of Runes, the fungible-token protocol being developed byCasey Rodarmor, whose launch of the Ordinals protocol last year, with its NFT-like inscriptions, caused a sensation on Bitcoin, driving up transactional activity along with fees and congestion. There could also be a scramble to mine block No. 840,000, where the halving is supposed to automatically occur. In the past, mining the all-important halving block brought little more than bragging rights and the chance to embed a message into the blockchain, for posterity. (In 2020, winner F2Pool wrote something about theU.S. Federal Reserve's Covid-related money-printing.) But now, with the introduction of the Ordinals protocol, it's possible to actually trade specific serial numbers to the tiniest increments of Bitcoin, known as satoshis or "sats." And there's a premium for the especially precious "rare sats" corresponding with milestones like the halving. Already, asreported by CoinDesk's Daniel Kuhn, people are predicting that block 840,000 could be "the most valuable block to be mined to date." There's also the risk that the competition could get so intense that things go horribly awry, resulting in a nasty "reorg." Pretty crypto, right? ALSO: Decentralized exchange Aevo'sfounder acknowledged that a recent spike in daily trading volume to over $4.5 billion was partly caused by some users "pumping volumes to $1 billion+ to get more out of our airdrop," adding that it's "not happening anymore." Polygon Labspaid $4 million to Starbucksin 2022 as part of the latte chain's soon-to-be-sunsetted NFT-based loyalty program, Odyssey, people familiar with the matter told CoinDesk's Danny Nelson. GCR,the crypto trader whobecame known in 2022for coordinating successful bets against token prices that later collapsed, reportedlypaid $4 million worth of ether (ETH)for the original image that inspired Solana's runaway hit meme coin dogwifhat (WIF). (Dogwifhat) Ethereumdevelopers areposting the entire script of the Bee Movie, an animated comedy by comedian Jerry Seinfeld about a bee who sues humans, on the second-largest blockchain – in an apparent demonstration of how cheap fees have becomefollowing the network's landmark Dencun upgradelast week. Computer scientistCraig Wright, who has long claimed he is the inventor of Bitcoin, is not in fact Satoshi Nakamoto, anddidn't author Bitcoin whitepaper, a U.K. judge ruled in the closely-watched Crypto Open Patent Alliance (COPA) trial. The evidence presented during the month-long trial was "overwhelming," the judge said. Gold bugPeter Schiffsaid hewishes he'd bought bitcoin in 2010. Poll showsformer U.S. President Donald Trumpis thefavored candidate for the 2024 electionamong crypto-owning voters. Top picks of the past week fromour Protocol Villagecolumn, highlighting key blockchain tech upgrades and news. 1. Mysten Labs, the company behind the Sui blockchain, claimed a "landmark achievement in scaling blockchain capacity" known as "linear scaling," according to the team: "During testing and development in a Sui blockchain environment, Pilotfish, a prototype Sui extension, increased throughput by 8x when backed by 8 machines, successfully illustrating the possibility of linear scaling. The latency per transaction decreased as more machines were added, proving the viability of linear horizontal scaling for low latency blockchain transactions for the first time ever on any blockchain." 2. The developers behindStarknet, the Ethereumlayer-2 networkwhose$2.3 billion STRK token airdroplast month captivated crypto markets, plan to add a design feature known as "parallelization" – one of the factors that reportedly makes rival blockchainSolanapopular as a venue for fast, cheap transactions. The feature will go live as part of an upgrade set for the second quarter, allowing Starknet to "process a greater number of transactions simultaneously, resulting in improved throughput and faster L2 finality," according to a press release distributed by a representative of the developer StarkWare. It is part of the2024 road mapreleased Wednesday. 3. OP Labs, the main development firm behind the Optimism blockchain, planned Tuesday tobegin testing fault proofs on Ethereum's Sepolia test network. The new deployment comes a few months after Optimism launched an initial version of fault proofs on Goerli, another Ethereum test network,in October. Karl Floersch, co-founder of Optimism and CEO of OP Labs, told CoinDesk he expects the proofs to reach Ethereum's main network later this year, with the Sepolia deployment bringing the team closer than ever to this goal. 4. The Stellar Development Foundation, the nonprofit supporting development and growth of the Stellar network, announced that the phased rollout ofSoroban, Stellar’s smart contracts platform, is now complete, enabling anyone to build, deploy and interact with Stellar-based dApps, according to the team. CoinDesk 20 asset: XLM 5. Conio, a financial technology company partly owned by Poste Italiane and Banca Generali, announced the acquisition of a new patent in the U.S.,No. 11,915,314, showcasing a cutting-edge multi-signature model for the creation, custody, recovery and management of a digital asset. According to the team: "The solution, designed to be blockchain agnostic compared to the blockchain used and therefore adaptable to different digital assets, involves the generation of three private keys, only two of which are needed to authorize transactions, thus enabling the recovery of the digital asset if one of the three private keys is unavailable." Schematic from Conio's new patent for a "Method and apparatus for a blockchain-agnostic safe multi-signature digital-asset management." (Conio/U.S. Patent Office) See the entire Protocol Village list from this past week here. The Solana blockchain is in the midst of what some might call a renaissance, itsSOLtoken rebounding almost entirely from all-time-lows in 2020. But recently, it's the source of activity on the chain that might give some analysts pause: Meme coins built around images of dogs and sloths, general ridiculousness and even the very concept of memes themselves. The chain, which aims to offer cheaper and quicker transactions than rival networks like Ethereum, has become the go-to platform for meme coins like dogwifhat (WIF), bonk (BONK), and book of meme (BOME) – tokens whose value lies principally (and unabashedly) in their ability to generate internet buzz. A new arrival is SLERF, asloth-themed token. Hordes of "degens" – the accepted jargon for crypto traders who are, well, really into it – have flocked to Solana, chasing the trend. Mature observers might call it a display of some of the crypto industry's worst excesses, morphing the Solana ecosystem into a carnival of scams, schemesand screw-ups. "To me, it's just a bizarre thing, I think, of people being terminally online and kind of having nothing better to do," Solana co-founder Anatoly Yakovenko told CoinDesk this week in an interview for The Protocol podcast. The meme coin boom has triggered a flurry of activity for the wider Solana ecosystem, with decentralized exchanges on the network surpassing those on Ethereum in terms of overall transaction volume this week. But users are beginning to notice a problem: Many transactions on Solana are failing to go through – highlighting the consequence of meme coin-induced volatility and congestion. The meme craze has ultimately been a mixed bag for Solana, leading to an influx in usage and liquidity, but dredging up problems with its architecture that have left a sour taste in the mouths of some traders. Click here for the full interview by Sam Kessler Fundraisings • Polyhedra Network,the Web 3 infrastructure provider behind the zero-knowledge protocol zkBridge, has closed a$20 million fundraising roundvaluing the company at $1 billion, the firm said in a press release Thursday. The Singapore-based company said the round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital and Web3Port Foundation. • Mantra Chain, a planned network for swapping tokenized real estate and other assets,raised $11 million. Early-stage tech backer Shorooq Partners led MANTRA's round which also included Three Point Capital, Forte Securities, Virtuzone, Hex Trust and GameFi Ventures, according to a press release. • JDI Ventures,a prominent DePIN investment fund under the blockchain hardware manufacturerJDI Global, has announced a strategic investment of $10 million inMXC Foundation. • TEN, an encrypted Ethereum layer-2 network, announced a funding round of $9 million, led by R3, with support from notable investors such as Republic Crypto, KuCoin Labs, Big Brain Capital, DWF Labs and Magnus Capital. • London-basedKeyringraised $6 million in venture capital fundingto expand its on-chain compliance platform, which is targeted to institutional investors and protocols, the firm said Tuesday. Gumi Cryptos Capital and Greenfield Capital led the seed investment round, with Motier Ventures, Kima Ventures and others also participating, the company said. Alex McFarlane and Mélodie Lamarque, co-founders of Keyring Network (Keyring Network) • GRVT, a hybrid cryptocurrency centralized exchange (CEX), announced a strategic fundraise of $2.2 million, bringing the total raised to $9.3 million, according to the team. Trading firms and market makers such as QCP Capital, Selini Capital, Antelope, Pulsar Trading and Ampersan contributed to the latest funding round. • Berachain'scrypto trade aggregator, Ooga Booga,raised $2M. • OKX Ventureshasinvested in Meson Network, a decentralized physical infrastructure network (DePIN), according to the team • Umoja, a pioneering smart money protocol, has successfully closed on a $2 million extension to its initial seed funding round. Deals and Grants • Fuel Labs, a developer ofFuel Network, has partnered withGraviton, an Indian Web3 accelerator, to accelerate its second volume of Indian Web3 startups following a two-month nationwide roadshow. • Aptos Labsis partnering with Google Cloud to bringAptos Gamestack, a unified platform designed to enhance live service game offerings with Web3 capabilities, to the global gaming community. • Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg Data and Tokens • Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion • Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts • Liquid restaking Protocol Ether.Fi's ETHFI Token Debuts at $4.13 After Airdrop and Binance Launchpad Distribution • Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops • North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic • Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch Ethereum's milestone "Dencun" upgrade was thebiggest story in blockchain last week; it might be a sign of just how smooth and successful the operation was, from a technical standpoint, that the industry has now moved on to other high-minded pursuits, such as gawking at the memecoin trading on Solana. But theramifications of Dencunare still playing out, and the ultimate impact – who are the big winners, and losers – likely won't be obvious for weeks or even months. One thing that's already clear is just how massive thefee reductions will be for layer-2 networksthat settle transactions on the main Ethereum chain. Median fees on Arbitrum, the biggest Ethereum layer 2, was around 5.8 cents as of Tuesday, down from about 40 cents just before the upgrade went through. Optimism, a rival layer 2, was seeing fees around 0.7 cents, down from about 50 cents. On the publicly traded crypto exchange Coinbase's own layer 2, Base, the fees dropped from about 30 cents to about 0.6 cents – hitting the company'starget for "sub-cent" transaction costs. Chart showing drop in cost of median layer-2 network fees before and after last week's Dencun upgrade. (Dune Analytics) The blockchain analysis firmGlassnodepublished a chart, citing data from the website L2fees, that's a little easier to eyeball: Table of fees for layer-2 chains, before and after Dencun upgrade. (L2fees/Glassnode) • March 18-20:Digital Asset Summit, London. • April 2024 (estimate): NextBitcoin halving. • April 8-12:Paris Blockchain Week. • April 18-19:Token2049, Dubai. • May 9-10:Bitcoin Asia, Hong Kong. • May 29-31:Consensus, Austin Texas. • June 11-13:Apex, the XRP Ledger Developer Summit, Amsterdam. • July 8-11:EthCC, Brussels. • July 25-27:Bitcoin 2024, Nashville. • Aug. 19-21:Web3 Summit, Berlin. • Sept. 19-21:Solana Breakpoint, Singapore. • Sept. 1-7:Korea Blockchain Week, Seoul. • Sept. 30-Oct. 2:Messari Mainnet, New York. • Oct. 9-11:Permissionless, Salt Lake City. • Oct. 21-22:Cosmoverse, Dubai. • Oct. 23-24:Cardano Summit, Dubai. • Oct. 30-31:Chainlink SmartCon, Hong Kong • Nov 12-14, 2024:Devcon 7, Bangkok. • Nov. 20-21:North American Blockchain Summit, Dallas. • Feb. 19-20, 2025:ConsensusHK, Hong Kong... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) --Exodus Movement, Inc.(OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024.\nThe Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange under the symbol “EXOD.” Current stockholders of the Company do not need to take any action.\nCEO JP Richardson shared “While we are surprised and confused by this last-minute decision, we remain hopeful that the SEC will follow through on its commitment to treat us as the law intends. Exodus has been fully transparent and responsive throughout this process and we expect a swift resolution in this matter. In the meantime, we will continue to provide the best possible service and value for our customers and shareholders.”\nContact\nExodus Investor [email protected]\nAbout ExodusExodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile and browser, Exodus allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum, and more across an industry-leading 10,000+ asset pairs from a beautiful, easy-to-use wallet. The self-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security and complete control over their wealth. For more info visit exodus.com.\nDisclosure InformationExodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com/blog; press releases; public videos, calls and webcasts; and social media: Twitter (@exodus_io and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube.\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.", 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'The price ofEthereum (ETH)has been hovering near a crucial support level at $3,010, experiencing a 2.57% drop over the past 24 hours, according to CoinMarketCap data. During this time, traders have shown a growing belief that the price will continue to decline, as they have accumulated significant short positions.\nThis development comes after Grayscale Investments decided to withdraw its application for an Ethereum futures exchange-traded fund (ETF) on May 7, just ahead of the scheduled decision by the United States Securities and Exchange Commission (SEC). The fate of spot Ether ETF applications, also set to be determined in May, has further fueled speculation regarding the classification of Ether as a security.\nLiquidation data indicates that if the price of Ether rises by 3%, approximately $345 million worth of short positions could be liquidated. In contrast, a 3% drop to $2,920 would only result in the liquidation of about $237 million in long positions.\nAnalysts and the crypto community have grown increasingly skeptical about the approval of a spot Ether ETF by the SEC. However, concerns about Ethereum extend beyond ETF approvals. The low usage of Ethereum has resulted in the challenge of its burn mechanism keeping up with issuance to validators. Furthermore, Ethereum has underperformed in comparison to Bitcoin, attributing it to a lag in speculative interest from short-term holders (STH).', 'CryptoPunks dominated the market with a daily sales volume for the second consecutive day on Wednesday.\nThe Ethereum-based non-fungible token (NFT) collection recorded over US$1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each.\nCryptoPunks led the market despite a 25% sales drop from the day prior. Its US$1.7 million daily sales volume also led the market on Tuesday, according to CryptoSlam data.\nCryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved US$6.68 million in sales on Wednesday, edging out Ethereum’s US$6.04 million.\nThe second-highest performing collection of the day was DMarket, with a daily sales volume of US$725,058, involving a staggering 4,147 unique buyers and 3,569 sellers across 31,734 transactions.\nDMarket is a NFT collection that represents in-game items for the Mythos chain.\nNodeMonkes on Bitcoin claimed the third spot with a daily sales volume of US$717,301.84, engaging 37 unique buyers and 35 sellers in 38 transactions. This is a slight decrease from the US$750,024.31 generated the day before. The collection’s all-time sales now stand at US$214.35 million, reflecting a strong market position.\nNodeMonkes is the all-time leading collection on the Bitcoin network, with US$214.5 million in sales. It is now about US$1 million away from overtaking CyberKongz, an Ethereum-based collection that currently holds the 26th spot on the all-time sales chart.\nOther notable collections that made Wednesday’s top 10 sales list include the $PMPS BRC-20 NFTs, which saw a daily sales volume of US$634,465, and Mad Lads, which generated US$518,697 in sales.\nBoth collections experienced fluctuations in their daily performance, with $PMPS BRC-20 NFTs witnessing an increase in transactions from the previous day, while Mad Lads saw a decrease in sales from US$800,760.\nSolana Monkey Business, Bored Ape Yacht Club, Mutant Ape Yacht Club, DogeZuki Collection, and Guild of Guardians Avatars also featured in the day’s top-performing NFT collections', '• Cumulative monthly spot and derivatives trading volume tanked by 43.8%, CCData said.\n• Binance’s spot market volume registered its first decline since September 2023.\nCryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market.\nThe cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from March’s record high of $9.12 trillion, according to a report by London-based digital assets data provider CCData.\nDerivatives fell out of investor favor again as activity in the futures and options market declined by 47.6% to $4.57 trillion. Meanwhile, the spot market volume suffered a relatively measured drop of 32.6% to $2.01 trillion.\n“This decline followed unexpected macroeconomic data, an escalation in the geopolitical crisis in the Middle East, and negative net flows from U.S. spot bitcoin ETFs, leading to major crypto assets retracing the gains they made in March,” CCData said in a report shared with CoinDesk.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, fell nearly 15% to under $60,000 last month,snappinga seven-month winning trend. The sell-off came as an overheated bull market ran into broad-based risk aversion characterized by renewed tensions in the Middle East, dwindling probability of rapid Fed rate cuts this year and strength in the dollar index.\nTheCoinDesk 20 Index, a measure of the most liquid digital assets, traded nearly 20%, and the total crypto market capitalization slipped by 16.8% to $2.177 trillion.\nWhile Binance remained the largest crypto exchange by volume, its combined spot and derivatives market share fell to 41.5%. The exchange’s spot market trading volume tanked 39.2% to $679 billion in April, recording the first decline since September 2023.\n“The decline in Binance’s market share also coincided with the news that its founder and previous CEO, Changpeng Zhao, was sentenced to four months in prison for the violation of U.S. money laundering laws,” CCData noted.\nBinance CEO Changpeng “CZ" Zhao stepped down after pleading guilty to U.S. criminal charges in November and was replaced by Richard Teng. Since then, Binance’s spot market share has increased from 30.8% to 33.8%, CCData said.', "• MarketVector has started a meme coin index, which is up 195% on a yearly basis.\n• The index constituents include Dogecoin, Shiba Inu, Pepe, Floki Inu, Dogwifhat, and BONK.\nVanEck's MarketVector has jumped on the meme coin bandwagon, starting a new index based on the highly popular token category.\nMarketVector’s Meme Coin Index, which trades under the symbol MEMECOIN, tracks the top six meme tokens. The largest holdings of the meme coin index include Dogecoin {{DOGE}}, Shiba Inu {{SHIB}}, and Pepe (PEPE). Other holdings include dogwifhat (WIF}, Floki Inu (FLOKI), and BONK.\nBased on the performance of its constituents, MarketVector’s new index would be up over 195% on a yearly basis. For comparison,the CoinDesk 20, which measures the 20 largest tokens except stablecoins, is up 97% during the same period, whilebitcoin {{BTC}} has risen 123%.\nMeme coins have a market cap of $51 billion,according to CoinGecko, and the MarketVector index tracks $44.67 billion of it.\nSome investment managers whopreviously spoke to CoinDeskbelieve that the meme coin craze will continue due to low fees on Solana, allowing users to make small bets for potentially large profits, unlike previous manias hindered by high Ethereum fees.\nRecently, a new category of meme tokens called PoliFi has come into the spotlight. The market cap of the new token category surged to$586 millionas the election season heats up.\nOne token in particular, BODEN,is up 16%after former President Donald Trump made a comment about it at a campaign event, while Trump-themed MAGA is up 28% andTREMP142%.", "• Total Revenue:$179.3 million, up 49% year-over-year.\n• Net Income:$210.7 million, compared to a net loss of $388,000 in the previous year.\n• Gross Margin:43% overall; Digital Asset Mining 46%, Hosting 32%.\n• Operating Margin:31%.\n• Adjusted EBITDA:$88 million, up 118% year-over-year.\n• Cash and Cash Equivalents:$98 million, up from $50 million at the end of 2023.\n• Debt:Reduced to $608 million from nearly $1 billion at the end of 2023.\n• Bitcoin Production:2,825 bitcoins, highest among public companies.\n• Power Cost per Kilowatt Hour:$0.043, expected to be between $0.045 and $0.047 in 2024.\n• Capital Expenditures:Included payments for miners and a $4.5 million incremental CapEx for new Austin HPC data center.\n• Warning! GuruFocus has detected 8 Warning Signs with CORZ.\nRelease Date: May 08, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Core Scientific Inc (NASDAQ:CORZ) reported a strong first quarter with total revenue of $179 million, up 49% year over year, driven by increased bitcoin production and hosting revenue.\n• Net income for the quarter was a robust $211 million, a significant improvement from a net loss in the previous year, highlighting effective cost management and operational efficiency.\n• The company has expanded its infrastructure footprint, now operating 745 megawatts with contracts for up to 1.2 gigawatts, positioning it as a leader in bitcoin mining infrastructure.\n• Core Scientific Inc (NASDAQ:CORZ) has successfully entered into a high-performance compute hosting contract, enhancing its service offerings and leveraging its existing infrastructure for new revenue streams.\n• The company's strategic focus on both bitcoin mining and high-performance compute hosting is expected to provide stable, multiyear, high-visibility cash flows, which can help buffer against bitcoin price volatility.\n• Despite strong financial performance, Core Scientific Inc (NASDAQ:CORZ) faces inherent risks associated with the volatility of bitcoin prices, which can impact profitability.\n• The company's significant reliance on the cryptocurrency market exposes it to regulatory and market risks that could affect operational stability.\n• Core Scientific Inc (NASDAQ:CORZ) has a substantial amount of debt, with total debt standing at $608 million as of the end of the first quarter, although it has been reduced from the previous year.\n• The company's growth and expansion plans are highly capital intensive, requiring substantial ongoing investment in infrastructure and technology.\n• While the company is expanding into high-performance compute hosting, the transition requires significant time and capital investment, with full conversion of infrastructure projected to take three to four years.\nQ: On the HPC front, with the 500 megawatt potential infrastructure capacity, what kind of customers are you currently having conversations with? Are they hyperscalers, datacenter operators, startups or just that color you can provide?A: (Adam Sullivan - President, CEO, Director) Our target base right now is mainly around our goal to have prepaid revenues part of this contract. So then having the client pay for the CapEx definitely narrows the scope of potential clients for that definitely puts it in the range of large tech companies that are looking at the development of their AI segments. So that's really our focus right now is mainly around large tech companies with a focus on AI where the demands are for application-specific infrastructure.\nQ: And just drilling down to the economics you guys mentioned, I would like the existing Kharif contract with now roughly $100 dollars per megawatt hour never used get closer to $150 to $170. I'm just kind of curious, is that $150 per megawatt hour level with these existing agreements where the CapEx will be to pay? And really just any other color you could provide margin.A: (Adam Sullivan - President, CEO, Director) Yes, of course. So our target for or what we laid out is really our target for conversions of sites. And so when we when we talk about things like the existing corporate deal for any conversion of existing space, where we leased and then subleased to potential clients, if our total revenue in our margin profile would be of a different and a bit lower. Our focus going forward is really on the conversion of sites. And so what we've laid out are based on discussions with potential clients as well as industry data. That's helping guide us really to the answer. And so what we're looking at on the on the margin side is really that 75% to 80% is really what we're targeting today. And that's on the back of about $1.4million to $1.6 million in revenue per megawatt.\nQ: Thank you very much, operator. Thank you for all the detail in the prepared remarks and presentations. And Adam, I also wanted to ask about the HPC. opportunity. And you mentioned kind of three to five years for greenfield. And if I understood you right, and you mentioned three to four years for your conversions, is that correct? And maybe more importantly, kind of what is the process and for developing greenfield. I'd like to understand kind of the competition. And so if someone comes in, we're looking at a greenfield, how long does it take power? How long does it take to construction? And how do you how do you compete against them? Thank you very much.A: (Adam Sullivan - President, CEO, Director) Of course, their focus. I'm going to start with the second part of the question here what we're seeing from traditional operators today, traditional data center operators, they have long dated contracts. You have 10 years or greater. And so for on the existing infrastructure side, they have a very hard time competing with the part of the industry that we're focused on today. And then going forward, they've sold forward, I would say, at least three to five years of capacity at which they've locked up. And so converting any of that in the short term is very difficult for them. Now if you look forward right now, you're seeing some of large tech companies securing power 2028, 2029, 2030. That's just to secure the power aspect you tack on on top of that, a lot of supply chain constraints for equipment, luckily that we already have. So in the traditional data center industry, it's a minimum three to five years for them to really start attacking this industry and from our perspective, what we're looking at, we said three to four years to fully develop the 500 megawatt you mentioned, we're going to have incremental capacity come online throughout that time period. And that's mainly driven by the fact that we have a lot of the long-lead items already owned inside of our inside of our business today. And you have a lot of those constraints around the electrical infrastructure that you could see.\nQ: Thank you, Wei Adam, Denise, thanks for having me on. So Adam, maybe you could offer a little operational insight. I know the hedge price has trended down right it may be a little bit lower than you expected or had modeled. I'm wondering and I know you said that you expect miners to come off and you look for the next difficult or difficult the adjustment this week and two weeks beyond. Is there anything that you're doing sort of in house term maximize the performance of the fleet?A: (Adam Sullivan - President, CEO, Director) Thanks, Kevin. I think it comes down to two really two items. First, it comes down operations prior to the Harvey. We actually moved our machines based on their efficiency amongst our sites based on their power contracts really to prepare for a time period that could be much worse than what we're seeing today in terms of the $0.05 ask price level. The second part is our in-house software development team has developed a significant amount of firmware around the ability to adjust machines on a minute-by-minute basis amongst different types of firmware settings. And really what that does, it allows us to change our efficiency of our machine fleet, and it allows us to do that based on power prices at each of our sites as well as prevailing house price metrics. And so for us, that provides a significant advantage over our peers who have outsourced much of that capability set, whereas we've been able to integrate really all three parts of the software stack, the energy management on the fleet management and the firmware all into a single software stack that allows us to provide a significant amount of control greater than our peer set today.\nQ: Yes, thank you and good afternoon and thanks for taking my questions on. And I was kind of curious on your thoughts on Kevin's question where you kind of addressed your firmware in your stack on you mentioned other miners using third party on solutions on, I guess as I think about your US firmware solution that you're using internally, is there an opportunity potentially to bring that out into the market and have and have others have other smaller miners, the potential customers, i.e., is this a potential other revenue stream for Gores?A: (Adam Sullivan - President, CEO, Director) Yes, thanks for the question. This is something that we've evaluated in the past potentially rolling out to the broader market. We view this as a significant competitive advantage over that over our peers. And what we've seen over the past few years in terms of the development of software is that we've continued to lead the pack in terms of our development. And so from our perspective, we're going to continue to keep this as our proprietary in-house in-house software so that we can maintain\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", 'Bitcoin\'s(CRYPTO: BTC)price more than doubled over the past 12 months as the approvals of its first spot price ETFs, the halving of its mining rewards, and stabilizing interest rates all brought back the bulls. The easiest way to profit from Bitcoin\'s recovery was to simply buy the cryptocurrency or invest in one of the new ETFs.\nHowever,Bitcoin\'s rallyalso lit a fire under stocks likeCoinbase(NASDAQ: COIN), one of the world\'s top cryptocurrency exchanges, andMicroStrategy(NASDAQ: MSTR), an aging enterprise software company that started hoarding Bitcoin in 2020. Over the past 12 months, Coinbase\'s stock has rallied more than 280% and MicroStrategy\'s stock over 270%. Let\'s see which of these hot crypto stocks is a better buy right now.\nCoinbase generates most of its revenue from transaction fees, so its growth is tightly tethered to the broader cryptocurrency market. In 2023, it generated 34% of its trading volume from Bitcoin, 20% fromEther(CRYPTO: ETH), and 11% from itsstablecoins. The remaining 35% came from smaller altcoins and other crypto assets.\nCoinbase\'s revenue soared 514% in 2021 as stimulus checks, social media buzz, and a fear of missing out (FOMO) drove more investors into the cryptocurrency market. However, its revenue fell 59% in 2022 as rising rates popped that speculative bubble.\nIts revenue declined another 3% in 2023 as the "crypto winter" chilled its business. But in the fourth quarter of 2023 and the first quarter of 2024, its trading volume and total revenue increased sequentially again. That stabilization was largely driven by the aforementioned tailwinds for Bitcoin and other cryptocurrencies.\nCoinbase also continued to grow as several of its largest competitors were derailed by regulatory challenges, and it became the primary custodian for most of the market\'s new Bitcoin spot price ETFs. Analysts expect its revenue to rise 80% for the full year.\nCoinbase\'s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin also turned positive again in 2023 as it aggressively cut costs. Analysts expect its adjusted EBITDA margin to rise from 31% in 2023 to 49% in 2024 as the crypto winter finally ends. Based on those expectations, Coinbase\'s stock still looks reasonably valued at 19 times this year\'s adjusted EBITDA.\nMicroStrategy\'s core software business mainly sells data analytics software for big enterprise customers. Over the past decade, it has faced intense competition from cloud-based analytics companies likeSalesforce, diversified cloud infrastructure platforms likeAmazonWeb Services (AWS) andMicrosoftAzure, and smaller business intelligence companies.\nMicroStrategy gradually expanded its subscription-based services to offset its declining license and support revenues. But that process was sluggish, and the company unexpectedly shifted gears in August 2020 by purchasing $250 million in Bitcoins. By the end of the first quarter of 2024, it had spent $7.54 billion on buying 214,400 Bitcoins at an average cost of $35,180 per Bitcoin.\nAs of this writing, MicroStrategy\'s Bitcoin holdings are now worth $13.8 billion -- which ismore than halfof its enterprise value of $25.3 billion.\nThe bulls believe MicroStrategy\'s Bitcoin-hoarding strategy will turn it into a much larger company even if the growth of its core business stalls out. Yet analysts still expect the company\'s revenue to dip about 1% this year as it struggles to sell more software.\nThe company is also taking on more debt to fund its Bitcoin purchases, and analysts expect it to turn unprofitable again on a generally accepted accounting principles (GAAP) basis this year as it racks up more impairment costs from its Bitcoin buys. Analysts expect its adjusted EBITDA to grow 8% this year -- but its stock looks expensive at 277 times that estimate.\nCoinbase will remain a linchpin and bellwether of the growing cryptocurrency market, while MicroStrategy is simply a slow-growth software company that is betting the farm on Bitcoin. Coinbase is also growing faster and trades at lower valuations than MicroStrategy. Both stocks might continue to rise as the crypto market recovers, but Coinbase is clearly a more promising long-term investment than MicroStrategy right now.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $554,830!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nJohn Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors.Leo Sunhas positions in Amazon. The Motley Fool has positions in and recommends Amazon, Bitcoin, Coinbase Global, Ethereum, Microsoft, and Salesforce. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nBetter Crypto Stock: Coinbase Global vs. MicroStrategywas originally published by The Motley Fool', 'After dropping to a low of $59,117.50,Bitcoin(BTC-USD) is back above $63,000, creating big opportunity for some of the best crypto mining stocks to buy.\nEven better, the digital currency could race even with two nearing catalysts.\nFor one,according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during the first quarter, this will show bitcoin has gained further institutional acceptance.”\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThe other potential catalyst is the potential rejection of an Ether ETF.\n“This is significant because whileEthereum‘s (ETH-USD) fate may remain up in the air until 2025 or longer, we believe there’s a substantial amount of capital waiting for a digital winner to be declared; to the extent Bitcoin proves to be that winner, the incremental demand would likely be felt even more acutely given the recent bitcoin halving,”TD Cowen analyst Lance Vitanza added.\nBefore either of those catalysts play out, investors should jump into some of the best crypto mining stocks to buy.\nSource: rafapress / Shutterstock.com\nRecent weakness inMarathon Digital(NASDAQ:MARA) is an opportunity.\nFor one, when Bitcoin pushes higher, Marathon Digital typically goes along for the ride. Two, it’s still successfully mining BTC, producing 850 BTC in April, a 21% jump year over year.\xa0Three, as noted bycompany CEO Fred Thiel, “With capacity in Ellendale coming back online and improvements made at other sites, we increased our average operational hash rate 15% in April to 21.1 exahash and increased our bitcoin production 21% to 850 bitcoin.”\nWhile we’ll get a better idea of what’s going on with MARA with earnings on May 9, we do know the stock will join theS&P SmallCap 600today.\nWe also know that for full-year 2023, MARA\xa0produced 12,852 Bitcoin, a 210% jump from a year earlier. Revenues were up 229% for the year to $387.5 million year-over-year. Net income also jumped to $261.2 million, or $1.06 per diluted share from a year earlier loss of $6.94, or $6.12 per diluted share. Adjusted EBITDA came in at $419.9 million from a 2022 loss of $543.3 million.\nSource: rafapress / Shutterstock.com\nWeakness is also an opportunity forRiot Platforms(NASDAQ:RIOT) — another one of the best crypto mining stocks to buy.\nAfter diving to a recent low of $7.80, RIOT is now back to $10.09 and could potentially retest $12.50 again shortly. Longer term, I’d like to see RIOT retest near $17.40. Helping, earnings have been strong, with the company posting net income of $211 million for its first quarter.\nTotal revenue came in at $79.3 million from $73.2 million year over year. It produced 1,364 BTC in the quarter, which was down about 36% year over year. It also saw Bitcoin mining revenue of $74.6 million in the quarter, as compared to the $48 million from a year earlier.\nNeedham is still bullishon the RIOT stock but cut its price target to $15 from $17. All following a downward revision of Riot’s fiscal 2024 revenue and adjusted EBITDA. In addition, in early April, JPMorgan raised its target by 50 cents to $15.50 with an overweight rating.\nSource: rafapress / Shutterstock.com\nThere’s alsoCleanSpark(NASDAQ:CLSK), which has been trading sideways since the start of February. From its current price of $16.50, I’d like to see it initially retest $24.\nFueling upside, analysts at Bernstein predicts mining stocks will eventually consolidate.\nIn fact, as noted byInvestorplace contributor William White, “The CEO of CleanSpark expects the industry to consolidate to 4 leading miners and believes RIOT, MARA, CLSK and CIFR to be in the lead […] [The] CEO of MARA also highlighted a path to industry consolidation and named CLSK as their arch competitor in the race for acquisition targets.”\nPlus, recent earnings were impressive. In the first quarter, the company’s revenues jumped to $73.8 million, a 165% jump year over year. Net income was $25.9 million, or 14 cents per share from a year-earlier loss of $29 million, or a 46-cent per share loss. Its adjusted EBITDA also ran to $69.1 million from a year-earlier loss of $2 million.\nOn the date of publication, Ian Cooper did not hold (directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nIan Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe postThe 3 Best Crypto Mining Stocks to Buy for a Q3 Rallyappeared first onInvestorPlace.', 'Bitcoin (BTC-USD) price has slipped below $62,000 (£49,697) over the past 24 hours as investors eye a looming bankruptcy payout that could pose a substantial overhang on the digital asset\'s price.\nAccording to Coingeckodata, the largest digital asset by market capitalisation has posted a decrease of over 1% and is changing hands for $61,182.\nThe defunct Mt Goxcryptocurrencyexchange is set to distribute 142,000 bitcoins, valued at approximately $9.5bn, to creditors before the October deadline.\nA civil rehabilitation trial granted creditors the option to receive their owed amount in cryptocurrency, instead of the fiat currency market price of bitcoin in April 2014, when the exchange filed for bankruptcy.\nAnalysts are concerned that the forthcoming distribution might lead to many creditors selling the bitcoin they receive on exchanges once it\'s in their possession.\nRead more:How a bitcoin court case in Japan may create crypto millionaires\nRecently, creditors observed updates on their crypto claim accounts within the Mt Gox claim filing system. Some creditors have already received payments in fiat currency, prompting analysts to speculate that full bitcoin payouts may be imminent.\nThe Mt Gox cryptocurrency exchange collapsed following a hack in 2014. The trustees of the defunct exchange have set a 31 October deadline for reimbursing creditors.\nThe collapsed FTX cryptocurrency exchange could also impact the cryptocurrency market. On Wednesday, the firm said that once it has sold off its remaining assets, it will have as much as $16.3bn (£13bn) to cover its debts to creditors, which stand at around $11bn.\nThe new CEO, John Ray III, who was tasked with navigating the fallen exchange through bankruptcy following its collapse in November 2022, said, "We are pleased to be in a position to propose a Chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts, plus interest for non-governmental creditors."\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nIn contrast to the Mt Gox payouts, which will be in cryptocurrency, FTX creditors could potentially receive between $14bn to $16bn in fiat currency, pending bankruptcy court approval. DeFiance Capital CIO Arthur Cheong suggested that a portion of these funds may find their way back into the cryptocurrency market.\n"Expect at least $3-$5bn of crypto-native liquidity to be injected back into the market," Cheong said in anX post on Wednesday.\nThe recent downturn in bitcoin prices has prompted a significant liquidation of long positions on cryptocurrency exchanges. The volatility has led to the liquidation of more than $32m in bitcoin positions over the past 24 hours, with the majority, over $21m, consisting of long positions.\nAccording to CoinGlassdata, the overall crypto market saw the liquidation of over $86m in long positions in the past 24 hours. This contributed to over $131m in total liquidations across major cryptocurrency exchanges.\nLiquidations tend to occur during volatile price swings, such as unexpected downturns. When prices rise sharply, as recently observed in the cryptocurrency market, many traders may be compelled to liquidate their short positions due to the surge in asset values. This can intensify overall market volatility, set off a cascade effect and potentially cause a significant increase in price fluctuations.\nRead more:Crypto live prices\nSpeaking this week on Yahoo Finance\'sThe Morning Brief, Yahoo Finance reporter, Jared Blikre, noted that "last week saw the largest outflows from spot bitcoin ETFs to date."\nHe added that bitcoin reacted in a "very characteristic" way. The digital asset dipped but then rose back above a key support level.\n"I would say a low of $57,000 is a price you do not want to see if you\'re a bitcoin bull. But if we are above, especially above the $60,000 mark, as we are now, that is a pretty bullish sign," Blikre added.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin (BTC-USD) price has slipped below $62,000 (£49,697) over the past 24 hours as investors eye a looming bankruptcy payout that could pose a substantial overhang on the digital asset\'s price.\nAccording to Coingeckodata, the largest digital asset by market capitalisation has posted a decrease of over 1% and is changing hands for $61,182.\nThe defunct Mt Goxcryptocurrencyexchange is set to distribute 142,000 bitcoins, valued at approximately $9.5bn, to creditors before the October deadline.\nA civil rehabilitation trial granted creditors the option to receive their owed amount in cryptocurrency, instead of the fiat currency market price of bitcoin in April 2014, when the exchange filed for bankruptcy.\nAnalysts are concerned that the forthcoming distribution might lead to many creditors selling the bitcoin they receive on exchanges once it\'s in their possession.\nRead more:How a bitcoin court case in Japan may create crypto millionaires\nRecently, creditors observed updates on their crypto claim accounts within the Mt Gox claim filing system. Some creditors have already received payments in fiat currency, prompting analysts to speculate that full bitcoin payouts may be imminent.\nThe Mt Gox cryptocurrency exchange collapsed following a hack in 2014. The trustees of the defunct exchange have set a 31 October deadline for reimbursing creditors.\nThe collapsed FTX cryptocurrency exchange could also impact the cryptocurrency market. On Wednesday, the firm said that once it has sold off its remaining assets, it will have as much as $16.3bn (£13bn) to cover its debts to creditors, which stand at around $11bn.\nThe new CEO, John Ray III, who was tasked with navigating the fallen exchange through bankruptcy following its collapse in November 2022, said, "We are pleased to be in a position to propose a Chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts, plus interest for non-governmental creditors."\nRead more:Bitcoin success with SEC fuels anticipation for ether spot ETF\nIn contrast to the Mt Gox payouts, which will be in cryptocurrency, FTX creditors could potentially receive between $14bn to $16bn in fiat currency, pending bankruptcy court approval. DeFiance Capital CIO Arthur Cheong suggested that a portion of these funds may find their way back into the cryptocurrency market.\n"Expect at least $3-$5bn of crypto-native liquidity to be injected back into the market," Cheong said in anX post on Wednesday.\nThe recent downturn in bitcoin prices has prompted a significant liquidation of long positions on cryptocurrency exchanges. The volatility has led to the liquidation of more than $32m in bitcoin positions over the past 24 hours, with the majority, over $21m, consisting of long positions.\nAccording to CoinGlassdata, the overall crypto market saw the liquidation of over $86m in long positions in the past 24 hours. This contributed to over $131m in total liquidations across major cryptocurrency exchanges.\nLiquidations tend to occur during volatile price swings, such as unexpected downturns. When prices rise sharply, as recently observed in the cryptocurrency market, many traders may be compelled to liquidate their short positions due to the surge in asset values. This can intensify overall market volatility, set off a cascade effect and potentially cause a significant increase in price fluctuations.\nRead more:Crypto live prices\nSpeaking this week on Yahoo Finance\'sThe Morning Brief, Yahoo Finance reporter, Jared Blikre, noted that "last week saw the largest outflows from spot bitcoin ETFs to date."\nHe added that bitcoin reacted in a "very characteristic" way. The digital asset dipped but then rose back above a key support level.\n"I would say a low of $57,000 is a price you do not want to see if you\'re a bitcoin bull. But if we are above, especially above the $60,000 mark, as we are now, that is a pretty bullish sign," Blikre added.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'An application for a rule change that would have allowed Grayscale Investments to offer an Ethereum futures exchange traded fund has been withdrawn—puzzling some analysts.\nAccording to a Securities and Exchange Commission (SEC)filing on Tuesday, the NYSE Arca Inc., the exchange on which the fund would have traded, had withdrawn the request on May 3.\n"On May 3, 2024, the Exchange withdrew the proposed rule change," the filing said without specifying reasons for the decision.\nNYSE originally filed the application on Sept. 19, 2023. The SEC has twice delayed making a decision on the application, most recently on March 22.\nBloomberg ETF analyst James Seyffartwrote in a Tuesday poston X/Twitter that he didn’t understand the firm’s rationale for withdrawing. "Idk why they\'d do this honestly," Seyffart wrote.\nUnlike the applications for spot Ethereum ETFs, which analysts say are unlikely to be approved imminently, nine Ethereum futures ETFs are already trading. The SEC approved a number of the funds last October.\nSince then, the funds have garnered modest assets compared to the first spot bitcoin ETFs, which have soared since they won SEC approval on Jan. 10 and began trading a day later.\nThe largest Ethereum futures ETF, theProShares Ether Strategy ETF (EETH), has only accumulated $77 million in assets since its unveiling, which is meager compared to the nearly $17 billion that BlackRock\'siShares Bitcoin Trust (IBIT)has garnered in its four-month history.\nA Grayscale spokesperson declined to commentl.\nSome analysts have speculated that an Ethereum futures ETF could be used as leverage to push the SEC into approving a spot Ethereum ETF.\nLast August, Grayscalewon a watershedlegal victory in federal court against the agency after the SEC blocked its conversion of the Grayscale Bitcoin Trust (GBTC) into an ETF. In their decision, federal appeals court judges noted that the SEC’s blocking of the trust conversion was “arbitrary and capricious” because the agency had already approved bitcoin futures ETFs. By having an Ethereum futures ETF, Grayscale could have potentially used the same logic to sue the agency, Seyffart speculated.\n“This was essentially a trojan horse filing in my view, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit,” wrote Seyffart on X on May 7.\nYet the withdrawal would seem to make that strategy less likely.\nTheGrayscale Bitcoin Trust ETF (GBTC)currently has $18 billion in assets, despite bleeding billions. That fund carries a 1.5% fee, though—the highest among spot bitcoin ETFs.\nContact Lucy Brewster [email protected].\nPermalink\| © Copyright 2024etf.com.All rights reserved', "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin fell below $61,000 on Thursday asthe crypto market continued its downward movementthat has persisted throughout the week.BTC dipped to $60,815 at around 11:00 UTC, trading about 2.25% lower than 24 hours before. The CoinDesk 20 Index (CD20), which measures the performance of the broader digital asset market, meanwhile has sunk by about 2%. Ether is trading just below $3,000, down 0.9%, while SOL has declined by nearly 3%. The crypto market could also soon be faced witha wave of supply events delaying a return to upward movement, with nearly $11 billion worth of BTC set to be distributed to creditors of Gemini's Earn program and the long-defunct Mt. Gox, according to cryptocurrency analysts K33.\nVanEck subsidiary MarketVectorhas started an index based on the performance of the top six meme coins.The MarketVector's Meme Coin Index, which trades under the symbol MEMECOIN, is up 195% on a yearly basis. For comparison, the CD20 is up 97% during the same period. MEMECOIN tracks Dogecoin, Shiba Inu, Pepe, dogwifhat, Floki Inu and BONK, which account for nearly $47 billion of the total meme coin market cap of $51 billion, according to CoinGecko. While they unashamedly represent the lighter side of the cryptocurrency market, some commentators believe that meme coins could continue to show impressive returns due to low fees on Solana allowing traders to make small bets for potentially large profits.\nThe 'Boden' meme coinsurged on Wednesday following a throwaway comment from former President Donald Trump.Jeo Boden (BODEN), the joke crypto token referring to a misspelling of President Biden's name, jumped after Trump said he didn't like it as an investment. The Republican challenger for the White House was hosting an impromptu Q&A session at the Trump Cards NFT Gala in Florida when he was asked about BODEN. The token jumped as high as $0.42 before retreating below $0.40 over the ensuing hours. At the time of writing, it is priced at around $0.36, up nearly 16% in the last 24 hours. Trump also said he intends to start accepting donations for his presidential campaign in cryptocurrency.\n• The table shows bitcoin and ether's correlation with major equity indices, the dollar index and the VIX index.\n• The correlation has declined to nearly zero, meaning the two cryptocurrencies have decoupled from the broader market.\n• Their uncorrelated nature could potentially attract macro traders looking to lower their portfolio volatility while improving risk-adjusted returns.\n- Omkar Godbole\n• Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ\n• Meme Coin Demand Is Stronger Than Ever, Crypto Analyst Says\n• Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review", 'For the past two months,Bitcoin(CRYPTO: BTC)has lived up to its reputation as one of the most volatile assets in the world. After hitting a new all-time high of $73,750 in mid-March,Bitcoinquickly dropped below $57,000 by the end of April.\nFor now, Bitcoin has recovered nicely to the $62,000 level. But questions still remain about where Bitcoin is headed in 2024. Is Bitcoin overvalued or undervalued at its current price? To answer that question, let\'s take a closer look at two key catalysts.\nIt all starts with the newspot Bitcoin exchange-traded funds (ETFs). For the first four months of 2024, massive investor inflows into these ETFs have led to a huge rally in Bitcoin\'s price. The new spot Bitcoin ETFs -- led by theiShares Bitcoin Trust(NASDAQ: IBIT)and theFidelity Wise Origin Bitcoin Fund-- quickly accumulated more than $30 billion in assets under management. They have found widespread investor acceptance. At one point, the iShares Bitcoin Trust had a 71-day streak of net positive inflows.\nAdmittedly, there has been a noticeable pullback in the amount of new money headed into these ETFs over the past month as the price of Bitcoin drifted lower. But we are now gearing up for what can be thought of as "round two" for these ETFs. According toBlackRock, the issuer of the iShares Bitcoin Trust, the next round of ETF buyers will include three important types of institutional investors: sovereign wealth funds, pension funds, and endowments. Combined, that\'s going to represent another huge influx of new money into Bitcoin, helping to prop up its price for the foreseeable future.\nThe second major reason to buy Bitcoin now is the halving. This event, which took place on April 19, results in the rewards paid out to Bitcoin miners being slashed in half. On the surface, this might not sound like a big deal. But this process sets off a chain reaction of events that (a) boosts the scarcity of Bitcoin and (b) cements its status as a disinflationary asset.\nBoth of these results are very important for investors. Increasing the perceived scarcity of any asset should lift its price, and it\'s no different wit Last 60 Days of Bitcoin's Closing Prices:* [69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-09 Financial & Commodity Data: - Gold Closing Price: $2332.10 - Crude Oil Closing Price: $79.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,208,266,981,875 - Hash Rate: 613867438.0566123 - Transaction Count: 517193.0 - Unique Addresses: 513026.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye. The biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments. With no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven't moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%. As a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech. These three tech stocks look like they have more potential than any cryptocurrency. Chip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion. Meanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia's offerings and has already caught the attention of some of tech's most prominent players, signing onMicrosoftandMeta Platformsas clients. Additionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled. AMD has massive potential in the coming years; earnings per share (EPS) estimates support this. AMD's earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD's stock price could nearly double by fiscal 2026, rising 96%. And with that, AMD has significantly more potential than the crypto market. Like AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year. The company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple. However, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025. Moreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently. Intel's earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company's forward P/E of 28, you get a stock price of $85. Looking at its current position, these projections could see Intel's stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency. Amazon's(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term. Additionally, as the operator of the world's biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years. Amazon's earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant's forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026. Amazon has a bright future, and you won't want to miss out on its potential. Before you buy stock in Advanced Micro Devices, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 8, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Dani Cookhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Apple, Bitcoin, Ethereum, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy. 3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool... - Reddit Posts (Sample): [['u/that-ngr-guy', 'Scaling, Moores law', 10, '2024-05-09 00:18', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', 'Will bitcoin block size eventually be able to increase, with natural technological revolutions to computing power, every so often?\n\nOr is 1-2mb a permanent constraint?', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', '1cnh5hb', [['u/zrad603', 15, '2024-05-09 00:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l379j6v/', 'All I can say, is read Roger Ver\'s new book. \n\nI\'m pretty convinced what\'s left of the BTC maximalists are just a cult. \n\nI kept hope that BTC might eventually come to their scenes, and eventually raise the block size. But it\'s been 7 years, and they are more entrenched than ever that they can\'t raise the block size. \n\nI think BTC is in it\'s LAST bull run. It\'s possible it already peaked. I think we\'re already entering into "altcoin season".', '1cnh5hb'], ['u/DontDieSenpai', 15, '2024-05-09 01:21', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37elzu/', "You're talking about BTC and this sub is primarily BCH supporters who are critical of the way bitcoin was hijacked by the store of value/small block crowd.\n\nThey claim we HAVE to have small blocks or else all Hell will break loose.\n\nWell, BCH hasn't broken, so I'd say those fears were unfounded.\n\nWithout big blocks, the base layer can't scale, so BTC crowd adopted L2 solutions like LN. But these are almost all custodial solutions and my personal fear is that even with a working L2, users still have to use the base layer from time to time. Tx fees are absolutely ridiculous though and worst case scenario is users literally cannot afford to use the base layer EVER.\n\nSatoshi himself said we would have to increase block size and the initial limit wasn't even his idea. It was a compromise introduced by Hal Finney in order to protect against denial of service attacks.\n\nEven with larger blocks, scaling is easy. Not everyone needs to run their own full node because all it takes is a single honest node to call bullshit if there's anything fishy going on. Specialized data centers have absolutely zero issue running nodes even with MUCH larger blocks than 1-2MB.\n\nLike I said, 1-2MB was NEVER intended to be anything more than a temporary solution implemented to protect the network until it scaled enough to mitigate those risks. At that time, the block limit should have been removed and we should have increased block size to meet demand.", '1cnh5hb'], ['u/ShadowOfHarbringer', 18, '2024-05-09 01:42', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37hqut/', 'Read the book "Hijacking Bitcoin".\n\nYou will deeply understand the issue.', '1cnh5hb'], ['u/doramas89', 13, '2024-05-09 01:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37imoz/', "It already scaled forking in 2017. Check the book Hijacking Bitcoin you'll understand a lot", '1cnh5hb'], ['u/pyalot', 10, '2024-05-09 04:37', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l387qjn/', '1mb is an arbitrary number that Satoshi picked in 2010, and it was extremely conservative back then, as a temporary spam protection 18 months into Bitcoins history, at the time it did about 10 transactions per day. Comparing 2010 with today:\n\n- Global average internet speed up 1000% from 10mbps to 100mbps\n- Server center uplink speed up 1000% from 1gbps to 10gbps\n- MIPS/$ up 1000% from 10 to 100\n- HDD GB/$ up 282% from 28 to 79\n- SSD GB/$ up 1900% from 1.5 to 29\n- RAM MB/$ up 240% from 205 to 500\n\nIt is also expected that more algorithmic optimizations in UTXO dataset processing are possible, and that dedicated UTXO processing chips would be developed, given incentive to do so.\n\nBitcoin has upgraded its blocksize to 32mb in 2017 and will upgrade it to a flexible algorithmic blocksize this month.\n\nBTC obsession with the 1mb blocksize limit has never been about decentralization. The 1mb cult is a scheme to maintain control of BTC so it cannot practically be used, isnt a threat to the monetary order and suffers severe economic centralization.', '1cnh5hb'], ['u/LightningNotwork', 14, '2024-05-09 05:00', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l38ay7f/', "Exactly, this is why the Internet providers universally restricted transfer speeds so the network wouldn't become overburdened. It was accepted that this was the safest way to manage the Internet. \n\nA good example is how websites aren't allowed to be created unless they're under a size limit which ensures 56k modems can still use them effectively. Shame we can't do fancy things like watch videos on the Internet, but it's important to stay backwards-compatible.\n\nWait, no, that's stupid.", '1cnh5hb']]], ['u/rabbit-girl333', 'Found dog, please DM me. Old black and gray Chihuahua.', 53, '2024-05-09 00:38', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/', 'A woman came into my work and handed me this dog, said she found him wandering near BTC. I went back over there but couldn’t find his owner.\n\nPlease contact me ASAP.', 'https://www.reddit.com/gallery/1cnhn8v', '1cnhn8v', [['u/rabbit-girl333', 11, '2024-05-09 22:39', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/l3c3fff/', 'Update: The dog’s owner was found!! Thank you so much :)', '1cnhn8v']]], ['u/No_Exam_4023', 'The joy of sending KAS', 28, '2024-05-09 01:00', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', "It's sooooo fast! And knowing it's PoW... 😮\u200d💨\n\nSometimes I send it between my wallets just for fun (for context, I only own KAS and BTC so maybe I have a skewed perspective on this)", 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', '1cni4u9', [['u/Superb-Cantaloupe-78', 10, '2024-05-09 04:42', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/l388g9q/', 'Same here! Ony BTC and KAS. POW is king. Cant wait for KAS to destroy the POS scam networks and make us rich in the process ;)', '1cni4u9']]], ['u/Master-Winter489', 'Our Synology got attacked by ransomware', 128, '2024-05-09 02:05', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', 'Just noticed that our files and folder are all encrypted and have this txt file in the file station \nanyway we can restore the data without the backup or access the admin account again \n\n Hello.\n \n This is Quick Security.\n \n What happened?\n \n - Your Network was not secure.\n - Your Network-Attached Storage was compromised.\n \n What does this mean? Where are my files?\n \n - All your data has been encrypted and moved to a special volume.\n - All your important documents have been downloaded.\n \n What can I do to recover my data?\n \n - If you want to recover your data, you have to send 0.02 Bitcoin to this wallet address:\n \n \n \n \n !!! Your ADMIN account was restricted for security reasons.\n You can contact us to restore it !!!\n\nI think we are the ones to blame here as we haven\'t had MFA enabled and we were using quick-connect to access the data there .. and I noticed the URL had changed from [synologyname.quickconnect.to](https://synologyname.cz5.quickconnect.to) to [synologyname.cz5.quickconnect.to](https://synologyname.cz5.quickconnect.to) not sure where the " CZ%" came from !! \n\n', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', '1cnjkcp', [['u/mlpzaqwer', 72, '2024-05-09 02:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nfam/', 'To answer your question it’s gonna be a no. Will you get your data back even after you pay? Maybe but probably no. All you can do is be more secure with your accounts next time and backup offsite or even cold storage.', '1cnjkcp'], ['u/Tankgineer', 39, '2024-05-09 02:22', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nkow/', 'Sorry this happened to you. But also thank you for sharing the info about the attack and details about quick connect / MFA. Best of luck in recovering your data.', '1cnjkcp'], ['u/dx___xb', 11, '2024-05-09 02:26', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37o5om/', 'That URL redirection is not a problem - it’s still under quickconnect.to domain.', '1cnjkcp'], ['u/KB-ice-cream', 20, '2024-05-09 02:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sjvp/', 'Did you have any ports forwarded on your router?\n\nCheckout this video to see if you did any of these things. https://youtu.be/x9QPUXldNAc', '1cnjkcp'], ['u/anna_lynn_fection', 13, '2024-05-09 02:57', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sxqh/', 'Then they def got admin access to the NAS. Sorry, but your stuff is most assuredly gone.\n\nMFA might have helped. But, since they got admin, and you say your password was strong, and not the default admin, then it sounds plausible that they got in via a machine the managed to infiltrate that was used to log into admin on the NAS.\n\nIf that\'s the case, then they probably grabbed a session cookie from your browser for the NAS. You may still have a compromised machine that they\'re sitting on, ready to nail you again after you get your NAS up and restored.\n\nPeople always think extra security is "extreme" until they get nailed by not using it.\n\nI recommend a PAW and segregated infrastructure management. Which basically means:\n\n1. You never use your normal workstation OS to log into the NAS admin interface. Use a bootable Linux iso.\n2. You segregate and firewall your management interfaces, so that only an admin VLAN or a specific IP (that\'s not the one you use all the time) can access the management interface.', '1cnjkcp'], ['u/HenryHill11', 16, '2024-05-09 02:59', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37t9rx/', 'Please let us know if you find out how it happened !', '1cnjkcp'], ['u/ConnedEconomist', 13, '2024-05-09 03:07', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37ufk7/', 'Um, that’s not how DNS works.', '1cnjkcp'], ['u/rpungello', 10, '2024-05-09 03:42', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37zmow/', 'RAID 0 or RAID 1? RAID 0 is striped, so if you pull a drive the array fails. RAID 1 is a mirror, and thus if you swap a drive it can rebuild the new drive from the existing one.\n\nWhat you’re proposing is kinda silly though. Every time you swap drives the system would have to re-build the entire array. Just use an external drive as a backup destination and let differential copies do their thing.', '1cnjkcp'], ['u/AppleTechStar', 23, '2024-05-09 03:48', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l380jou/', 'Enable immutable Snapshots from now on. Immutable Snapshots cannot be deleted even by an administrator.', '1cnjkcp'], ['u/mrcaptncrunch', 14, '2024-05-09 03:49', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l380mft/', 'Privileged access workstation.\n\nA machines that’s only used for 1 task which is logging in into restricted/important machines/assets.', '1cnjkcp'], ['u/NoLateArrivals', 128, '2024-05-09 03:53', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l381b8u/', 'Your problem was not QC. Your problems was that the computer you used to access your DS via QC was compromised. Then they replaced the QC URL by one they controlled.\n\nWhat now followed was a „man in the middle“ attack. Instead of contacting the Synology server when you logged in, you contacted the bogus website. This decrypted the content, copied it and then forwarded it to the legit QC server. The answers went through the same procedure.\n\nThis way you send them your user and password yourself. Without 2FA there was no last check, the road was wide open.\n\nYou need to find and sanitize this computer as well, that you used to access your DS. It is taken over and can’t be trusted, for nothing.\n\nFor the data, without a backup you can only pay and hope you get the decryption keys. Which means you will finance a criminal organization, because you didn’t care about running backups. \n\nSorry for being blunt, but you piled one mistake on top of another, until you had a nice stack of trouble waiting to fall.', '1cnjkcp'], ['u/AlexIsPlaying', 31, '2024-05-09 04:00', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l3828v2/', '> our files and folder are all encrypted and have this txt file in the file station\n\nSorry this happened to you. It\'s a good thing that you have backups.\n\nIf your machine is exposed to the internet (quickconnect), you\'ll get a lot of "attacks" each week. I know, because once I looked at some firewall logs, and I saw around 17k login tries per WEEK.\n\n* Disconnect the machine from the internet and reset everything.\n* Enable automatic updates for DSM and plugins.\n* Enable the firewall AND configure it for your needs.\n* Dont give everyone all access, only one should have "all admin" access and all other should only have access to some compartiments folders/shares/apps.\n* Disable the normal "admin" account or at least rename it.\n* Enabled the security login blocks after some tentatives.\n* Enabled the MFA if you can\'t trust your users :P', '1cnjkcp'], ['u/wolf39us', 56, '2024-05-09 04:02', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l382iww/', 'This post has had me immediately login to both my NAS and my router and enable 2FA on both. I will not be clicking "don\'t ask on this device" either.', '1cnjkcp'], ['u/Rarvyn', 34, '2024-05-09 04:24', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l385ydj/', 'I\'ve known people associated with businesses that were hacked similarly - at least one paid and got their data back. That said, I think it\'s for a simple reason - the hacker group had a known name, had articles about them online, and a reputation... if they took the money without delivering the product, they\'d presumably have a harder time getting the next guy to pay up.\n\nBut some generic bozo called "quick security" that hacked an individual? Yeah. No way they\'re doing squat, they\'re going to take the money and run if you pay.', '1cnjkcp'], ['u/climbing2man', 11, '2024-05-09 04:50', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l389lkv/', 'This makes sense. \n\nThat’s how he granted access to his NAS', '1cnjkcp'], ['u/BioshockEnthusiast', 25, '2024-05-09 06:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38kpvs/', "> That said, I think it's for a simple reason - the hacker group had a known name, had articles about them online, and a reputation... if they took the money without delivering the product, they'd presumably have a harder time getting the next guy to pay up.\n\nMake no mistake, ransomware is now a proper industry with an actual supply chain and there are a lot of operations competing for their little corner of that supply chain. Just like real businesses, they're starting to take their reputations seriously.", '1cnjkcp'], ['u/junktrunk909', 20, '2024-05-09 07:19', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38qq9z/', 'Your explanation is a solid one. It also seems possible OP just had a bad password, with admin enabled, no MFA, and either no IP blocking or an attacker that used an IP pool to continuously try passwords until they got in. The route into the NAS might have been QC alone or simply port forwarding with a discovered WAN IP. OP could test by using a different PC to see if their original QC domain is still accessible to access the NAS. If it is, your man in the middle seems most plausible. I have no idea why they would want to change the QC address after/during a direct attack either so that does give more weight to your idea too.', '1cnjkcp'], ['u/ptrku', 15, '2024-05-09 07:34', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38s77a/', 'You can block this feature to always force MFA on same device', '1cnjkcp'], ['u/zanfar', 11, '2024-05-09 08:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l38z8zn/', "Neither; in the accessing system itself.\n\nOnce I control your computer, I can do whatever I want--like make it look like you're accessing one thing, while actually accessing another.", '1cnjkcp'], ['u/Quinten_B', 10, '2024-05-09 09:09', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l390cr6/', 'If your PC is compromised, they gain access to everything your PC has access to.', '1cnjkcp'], ['u/TheCrustyCurmudgeon', 19, '2024-05-09 09:40', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l392vji/', ">If your machine is exposed to the internet (quickconnect),\n\nQuickconnect alone does not mean you will get unauthorized login attempts on a regular basis. That's more likely to happen if you're using DDNS, reverse proxies, and/or have a poor firewall setup. I've used QC every day for years. I get virtually zero attacks. The rest of your advice is spot on and if you do all that, QC is not an issue.", '1cnjkcp'], ['u/thecaseace', 33, '2024-05-09 12:40', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l39hbpd/', 'You can now rate them on trustpirate', '1cnjkcp']]], ['u/Erik-Zandros', 'How My Chinese Ancestors Taught Me to Invest in Bitcoin', 304, '2024-05-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/', "I am a second generation Chinese American. Recently, my parents visited the motherland. They brought back something that furthered my belief in Bitcoin.\n\nMy great grandparents (deceased) were wealthy landowners. Our family clan was powerful and prestigious, they had dozens of servants and lived in a huge family compound in the countryside. They were the 1%. Then the communists took over. They ransacked the compound and took everything of value and redistributed the farming land. Almost overnight my great grandparents were reduced to peasants. However, they did manage to save a small amount of their wealth in silver dollars which they had buried in the ground and hid for decades before passing on to my grandparents, who recently passed them on to my parents.\n\nThese silver dollars, a few ounces worth a couple hundred dollars today, are the extent of my great, powerful, wealthy ancestor's legacy. I can't help but think, if only they had Bitcoin! Bitcoin is the ultimate in hard, portable wealth. Bitcoin is better than silver and better than gold in that it can be stored in your mind. Like silver and gold it's even more easily transported, across oceans if need to be.\n\nPersonally I store my wealth in BTC, a small amount in other cryptos and a small amount in gold. The lesson I took from my ancestors is that hard, portable assets are the only things guaranteed to be passed down to future generations.", 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/', '1cnjm5d', [['u/paperraincoat', 12, '2024-05-09 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37rb7x/', '>Nothing anyone can do to make sure it will "store wealth" for any length of time going forward.\n\nWhy single Bitcoin out here? \n\n\\Nothing\\ is guaranteed to hold its value for any length of time. Cash, gold, oil, stocks, bonds, real estate, businesses, REITs, artwork... you name it, it\'s all subject to supply and demand. This is why diversification is usually suggested?', '1cnjm5d'], ['u/BitCypher84', 26, '2024-05-09 03:15', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37vngi/', "Nice post overall.\n\n> Personally I store my wealth in BTC, a small amount in other cryptos and a small amount in gold.\n\nYour small amount of 'cryptos' will unfortunately be a leak in your long term strategy.\n\nBy the way, shitcoins are even worse than fiat money. They can disappear overnight for various reasons, and they don't hold their value over time.\n\nIf I were you, I would convert them to bitcoin as soon as possible.", '1cnjm5d'], ['u/solomonsatoshi', 57, '2024-05-09 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l37ybd6/', 'Well said. \n\nWhile it seems likely governments will always be necessary they do often overstep their mandate to rule on our behalf. In my opinion the fiat monetary system already is an example of overreach by the state over citizens. \n\nBitcoin gives us back some freedom and independence in how we can achieve SoV and MoE independent of any government.\n\nAny government that tries to obstruct our freedom to use Bitcoin is a government that is admitting it puts its power over us ahead of our rights to monetary freedom of choice.\n\nThe sad reality is that very few governments have not obstructed Bitcoin and its use by their citizens- Only El Salvador as far as I can see and maybe a few other nations or provinces.\n\nBitcoin is insurance against state overreach and tyranny, and anyone with their eyes open knows we need it and history shows that need is not likely to ever go away.', '1cnjm5d'], ['u/WarPlanMango', 14, '2024-05-09 05:03', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l38bbaf/', "Now we just have to figure out the easiest ways to pass on this wealth to children properly. If not done properly then those Bitcoin just gets lost forever. Well I guess that's better than having the government confiscate your family's wealth, and use it for themselves", '1cnjm5d'], ['u/High4zFck', 13, '2024-05-09 08:38', 'https://www.reddit.com/r/Bitcoin/comments/1cnjm5d/how_my_chinese_ancestors_taught_me_to_invest_in/l38xv5h/', 'it’s not just that they get passed down to future generations, other than currencies, they are also a store of value and will be always worth something, that’s why Gold, Silver and Bitcoin are the only real money\n\ncurrencies can be printed and are backed by nothing, hence one day, they all become worthless…. \n\none of the “most successful” currencies in the world is the british pound with a lifespan of over 300 years - and guess what, it lost around 99,5% of value over this time\n\nso in the near future, we will either be using gold/silver coins again or sats, depends on how fcked we are', '1cnjm5d']]], ['u/ross_st', 'Adding insult to injury: the wallet that lost 1,155 WBTC to an address poisoning phisher was targeted by another address poisoning phisher imitating that fateful transaction', 69, '2024-05-09 03:44', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/', 'This is the original transaction 5 days ago where the victim sent 1,155 WBTC to the phisher: \n[https://etherscan.io/tx/0x3374abc5a9c766ba709651399b6e6162de97ca986abc23f423a9d893c8f5f570](https://etherscan.io/tx/0x3374abc5a9c766ba709651399b6e6162de97ca986abc23f423a9d893c8f5f570)\n\nAnd here, 14 hours ago, is a different address poisoning bot airdropping a transfer of a fake WBTC token to imitate that transaction: \n[https://etherscan.io/token/0x2e57249f1e5ac0bd3b9187d19120d54008b3d967?a=0xd9a192566e41e0804c3d81588a2d15be58853a91](https://etherscan.io/token/0x2e57249f1e5ac0bd3b9187d19120d54008b3d967?a=0xd9a192566e41e0804c3d81588a2d15be58853a91)\n\nI have to wonder how many transactions on Ethereum are now just bots run by scammers trying to do address poisoning.', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/', '1cnlktl', [['u/Potential-Coat-7233', 50, '2024-05-09 03:57', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l381ux9/', '>\xa0I have to wonder how many transactions on Ethereum are now just bots run by scammers trying to do address poisoning.\n\nWhat the fuck is all this development and smart contracts and energy spent programming and “building” on ethereum anyway? It’s all just number go up tech.', '1cnlktl'], ['u/cosysnail', 20, '2024-05-09 04:01', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l382f00/', 'Every time cryptobro gets phished the world becomes a little bit nicer.', '1cnlktl'], ['u/dyzo-blue', 36, '2024-05-09 04:54', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38a5cm/', 'If I understand the whole "Wrapped Bitcoin" thing, it works like this:\n\nSomeone wanted to be able to trade bitcoin, but on a different blockchain, like Ethereum or Tron. So they bought bitcoin on the bitcoin blockchain, and then wrapped it, meaning took it out of use, and created a token on another blockchain that represents it\'s ownership.\n\nWhy would anyone trust that a wrapped bitcoin actually has an underlying bitcoin? It\'s so convoluted that it would be too easy to sell 100 wrapped bitcoins that appear to be synced to a real ones, but have them all linked to the same coin, no?\n\nKnowing the scamtastic nature of creepto, why in the world would you trust such a thing? \n\nSomeone tell me if I\'ve misunderstood this particular type of Butt. It can\'t be that stupid, can it?', '1cnlktl'], ['u/wote89', 27, '2024-05-09 05:25', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38e4ue/', "Obviously, you wouldn't do that because the hit to your reputation would be so damaging you wouldn't be able to participate in the crypto economy again. With that particular identity. If there was even one associated with it at all.\n\n\nSo, y'know, completely foolproof\xa0", '1cnlktl'], ['u/ionfrigate', 24, '2024-05-09 07:40', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l38sq3d/', 'You know, I thought that "wrapping" one token onto another\'s blockchain was the type of thing that blockchain solutions could actually do in a secure, nominally decentralized away. It\'s the type of cryptographic tomfoolery that is one of the very few novel things that blockchain solutions are theoretically capable of (even if it\'s all ultimately on de facto centralized chains referencing tokens with no actual value). Something along the lines of embedding the public key to a bitcoin wallet in an Ethereum transaction - it\'d have to be more complex than that, but the basis would be something along those lines.\n\nNope. To paraphrase what people say, shit in crypto isn\'t as stupid as you think, it\'s stupider. Turns out wBTC just relies on a consortium of centralized "custodians". You send them BTC, they send you wBTC, and vice versa. The [whitepaper](https://wbtc.network/assets/wrapped-tokens-whitepaper.pdf) has some handwave-y bullshit about on-chain proof-of-reserves and such, but it\'s clear that there\'s no cryptographically verified one-for-one "these ETH correspond to these BTC" going on. \n\nSo yeah, turns out wBTC is just another wildcat bank in this supposedly "trustless" ecosystem. Shoulda known.', '1cnlktl'], ['u/Iazo', 14, '2024-05-09 09:04', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l390060/', 'Stealing magic beans tech.', '1cnlktl'], ['u/Iazo', 19, '2024-05-09 09:10', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l390ieo/', "So, basically, the 'consortium of custodians' is a bank, the wBTC are bank notes, and the BTC is gold.\n\nMotherfuckers just reinvented ye olde banking system and banknotes.\n\nWow. The ~~future~~past of finance.", '1cnlktl'], ['u/Ermeter', 10, '2024-05-09 13:04', 'https://www.reddit.com/r/Buttcoin/comments/1cnlktl/adding_insult_to_injury_the_wallet_that_lost_1155/l39jn8c/', 'Advanced money laundering\xa0', '1cnlktl']]], ['u/NoCrapThereIWas', 'Follow up- Amateur radio exemption added back into Pennsylvania Distracted Driving Bill', 68, '2024-05-09 04:23', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/', 'It looks like the concern from this thread- https://old.reddit.com/r/amateurradio/comments/1cdvgfn/pennsylvania_amateur_radio_operators_sb_37_will/ has been mitigated. The bill was amended to re-state that fcc license holders for amateur radio are permitted to use handheld and mobile radios and fixed some of the emergency responder language too. No word on GMRS, however. The bill passed concurrence in the house with the amendments today and I believe will be signed by the governor. The new full text is here. https://www.legis.state.pa.us/CFDOCS/Legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2023&sessInd=0&billBody=S&billTyp=B&billNbr=0037&pn=1588', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/', '1cnmcwm', [['u/Vaderiv', 13, '2024-05-09 04:48', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/l389ejr/', 'I’m sure Gmrs will be in there because you have to get a fcc radio license.', '1cnmcwm'], ['u/Crafty_Nothing_1622', 11, '2024-05-09 05:07', 'https://www.reddit.com/r/amateurradio/comments/1cnmcwm/follow_up_amateur_radio_exemption_added_back_into/l38bvo0/', 'The operative word is and. "...licensed users...and...removed language."', '1cnmcwm']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 09, 2024', 27, '2024-05-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/', '1cno6cx', [['u/ChadRun04', 12, '2024-05-09 06:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38nqvv/', 'Oh dear, just go full buttcoin already. All these stealth attempts to shill your bcash bags are getting tiring.', '1cno6cx'], ['u/ask_for_pgp', 13, '2024-05-09 07:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38qgdk/', 'BIG BLOCKS? NANO? LOL\n\nIs it 2018 again', '1cno6cx'], ['u/anon-187101', 14, '2024-05-09 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38w0do/', "if it didn't solve the Byzantine General's Problem, it's a shitcoin\n\nif its codebase is a fork/clone/modified version of Bitcoin, it's a shitcoin\n\nif it had a pre-mine, it's a shitcoin\n\nif it didn't monetize itself from nothing ($0.00), it's a shitcoin\n\nif it doesnt have a credible monetary policy, it's a shitcoin\n\nif it has weak final settlement guarantees, it's a shitcoin\n\nif its permissioned in any way, it's a shitcoin\n\nif its not resistant to a nation-state attack, it's a shitcoin\n\nif its network suffers outages or its infrastructure is dependent on AWS, it's a shitcoin\n\nif it has a leader/figurehead/company behind it, it's a shitcoin\n\nif it has a marketing department or any copyrighted IP, it's a shitcoin", '1cno6cx'], ['u/mr_sew', 10, '2024-05-09 08:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38xwed/', 'Sounds like total government control.\n\nIt could be used to authenticate you for use of just about anything such as accessing the Internet, buying food, gas, or banking, or admittance to government services, and the list goes on of course.\n\nIt would be an excellent foundation for tracking and control of world populations.\n\nAnonymity will be a thing of the past, or for criminals.', '1cno6cx'], ['u/trilli0nn', 15, '2024-05-09 08:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l38y69b/', 'Yes, _all_ fiat currencies are centralized shitcoins. Only an idiot would store their wealth in USD for the long term. What’s your point?', '1cno6cx'], ['u/mrlegday', 18, '2024-05-09 09:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l390soq/', "What is even the point of your posts? \nI love when bears are showing up with good arguments. \nYou are simply griefing, you don't even trade this, are you in any position? do you have any target? are you shorting? \nIf you have no meat in the game and you provide no positive value then stfu.", '1cno6cx'], ['u/_TROLL', 17, '2024-05-09 11:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3999tz/', 'Leaning left has nothing to do with crypto -- our politicians on both sides of the aisle are elderly fools who have no idea what they\'re talking about.\n\nTrump [rambled on about crypto yesterday](https://twitter.com/WatcherGuru/status/1788373884418294072), in a vaguely positive way, after babbling a few years back about how much he didn\'t like it. He says "Biden has no idea what crypto even is"; of course, no one at Trump\'s events ever has the balls to ask him if he can explain what cryptocurrency is or how it works. Because he has no clue either -- this is a man who has never used a desktop computer or email.', '1cno6cx'], ['u/messisleftbuttcheek', 10, '2024-05-09 11:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ciuv/', 'Authoritarian / Libertarian is a separate spectrum than Left / Right. I would say though, Democrats have taken a much more authoritarian stance particularly toward crypto in recent years.', '1cno6cx'], ['u/SpontaneousDream', 13, '2024-05-09 12:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39dwaa/', 'Yes, let\'s compare the two candidates. \n\n* Candidate 1: Old. Poor understanding of Bitcoin and crypto. \n* Candidate 2: Old. Equally poor understanding of Bitcoin and crypto. Facing 91 criminal charges across 4 jurisdictions. Convicted fraudster. Wants to be dictator "only for a day". Praises authoritarian dictatorships around the world. Twice impeached. Current sitting in a New York courtroom. \n\nSuch a hard, hard decision to make, right?', '1cno6cx'], ['u/I_AM_AN_AEROPLANE', 10, '2024-05-09 13:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39k9qs/', 'Can we agree to keep this kond of conspiracy shit out of here?', '1cno6cx'], ['u/Order_Book_Facts', 11, '2024-05-09 13:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39krr2/', 'I love these, “tell me whether or not to sell my bitcoin” posts. Bruh imma keep it a buck with you, WHAT YOU DO WITH YOUR 500k BTC IS A PERSONAL DECISION. \n\nThat being said, come up with a plan. If you sell and don’t have a plan for that 500k you’re probably not going to make great decisions about what you do with it. A friend cash out 1M+ in 2021 and randomly decided he wanted to try and flip/rent some commercial real estate post Covid. If you’ve seen how that market has done, he’s now underwater and paying taxes and expenses on a property that is most of his portfolio and has had very inconsistent cash flow.', '1cno6cx'], ['u/wastedyears8888', 11, '2024-05-09 13:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39kvuk/', 'is some post-halving miner capitulation part of this PA? seems the hashrate and difficulty took a dive, and probably more difficulty reduction is coming in the next retarget', '1cno6cx'], ['u/logicalinvestr', 19, '2024-05-09 13:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39m43p/', "For you, cash out the $500k. I know we have spoken about this before and you told me that you have trouble with the personal stress resulting from bitcoin's volatility. My understanding is that the last bear market was really hard on you emotionally. The last thing you need is to take out debt on that Bitcoin and then watch its value plummet, which means double the stress.", '1cno6cx'], ['u/upside_risk', 15, '2024-05-09 13:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ocmx/', '111 comments, wonder whats happened? Oh its all yank politics nvm', '1cno6cx'], ['u/gozunker', 39, '2024-05-09 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39oo5d/', 'Hey if you just woke up and are thinking “wow 100+ comments, should I read all that” the answer is no unless you want US politics (Biden vs Trump) and Buttcoiners …', '1cno6cx'], ['u/Clnlne', 10, '2024-05-09 14:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39q0ff/', "Comment of the day right here. \nThanks. I'll pass.", '1cno6cx'], ['u/horseboxheaven', 14, '2024-05-09 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39ssx5/', 'are you lost?', '1cno6cx'], ['u/Cultural_Entrance312', 13, '2024-05-09 14:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39vdef/', 'On the hourly, BTC‘s RSI is at 39.5 (average 36.4) at time of writing. Nearby resistance are 61.7, 63, 64.5, 65.7, 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 60.5, 59, 57.5, 56.7, 55.7 and 54.5. BTC keeps stair stepping to new short-term lows.\n\nThe daily RSI is 42.9 and its average is currently at 43.6. I believe a falling wedge had formed. BTC had broken though the top of the support, it is now back below it. The reverse H&S has formed more. I think we are near the end of the down time, IMO. Same resistances/supports as I mention in the hourly. The 100- and 50-day SMI could also act as support /resistance (65688/61200). Target for the reverse H&S would be about 75k.\n\nBTC closed the week green after 4 weeks of red. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It has cooled significantly and is currently 62.2 (77.6 average). A fat flag formation has formed, and we are right in the middle of it. If this is a continuation pattern and is the midpoint, the target would be about 137.5k+/-. Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May could be a red month, but it is currently green and will most likely stay that way. Current RSI 66.5\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/40mrjDwd/](https://www.tradingview.com/x/40mrjDwd/)\n\nDaily: [https://www.tradingview.com/x/ogRJmR2A/](https://www.tradingview.com/x/ogRJmR2A/)\n\nWeekly: [https://www.tradingview.com/x/obCPdYbS/](https://www.tradingview.com/x/obCPdYbS/)\n\nMonthly: [https://www.tradingview.com/x/YA730f7d/](https://www.tradingview.com/x/YA730f7d/)', '1cno6cx'], ['u/DrunkOnWeedASD', 10, '2024-05-09 15:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39zfbe/', "Speculation: negatives are stacked against bitcoin for the moment. ETFs are not doing shit (they still could in the future, but for now they're just baggage in the form of gbtc). This is a huge temporary disappointment\xa0\n\n\nThen we've got mtgox making serious actual progress towards repayment. FTX is the same. It's going to be a lot of bitcoin added to supply side\n\n\nOver at the tradfi section we've had inverted yield curve for 18 months. How much longer can it stay this way? The bad is really starting to stack up. It will at the very least hurt for a while before fed cuts and everything is chill again, but it rarely goes this smoothly\n\n\nI predict sideways for 1-2 months, then we get seriously bruised up because of the above, then more sideways, and then we can go up when this baggage is dealt with", '1cno6cx'], ['u/Frunknboinz', 27, '2024-05-09 15:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l39zq3r/', "FTX is all cash, so if anything it's a positive.", '1cno6cx'], ['u/dopeboyrico', 19, '2024-05-09 15:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3a0aww/', 'Most recent higher low of $60.8k broken but it looks like we may have already found support at $60.6k, we’ll see if it holds.\n\nSo far the range we’ve been in for the past 1.5 months has consisted of a 23.3% drop from ATH of $73.7k down to a local low at $56.5k. A 25% pullback would be $55.3k and a 30% pullback would be $51.6k.\n\nRemaining higher lows acting as areas of support before a larger 30% pullback becomes possible are at $58.8k, $56.9k, $56.5k, and $54.4k.\n\nWe appear to be at roughly net neutral when it comes to spot ETF’s for the time being. We can no longer count on spot ETF’s to consistently have net inflows nor GBTC to consistently have net outflows. I suspect the next big move will coincide with spot ETF’s getting out of their lull one way or another: either we start seeing big daily net inflows again coinciding with a pump or we start seeing big daily net outflows again coinciding with a dump.\n\nAside from 2021, we just broke a record for longest amount of time it has taken to reach a new ATH in the midst of a bull market. Previous record was 54 days in 2017’s bull market which saw a drop of 29.4% within that window of time. It’s now been 56 days since ATH of $73.7k occurred on March 14th with a drop of 23.3% having occurred within that timeframe. But what about 2021? The initial peak of $64.8k occurred on April 14, 2021 and within 56 days of that ATH, price had dropped to a low of $31.1k or a 52% drop at the time.\n\nCurrent PA is a lot more similar to 2017 rather than 2021 so I lean towards a break to the upside over a break to the downside. We’ll see.', '1cno6cx'], ['u/WYLFriesWthat', 15, '2024-05-09 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aal6y/', 'Everyone’s losing interest. Leverage is falling off. Soon the easier meal whales will be “number go up” instead of “leverage go pop.”', '1cno6cx'], ['u/Downtown-Ad-4117', 28, '2024-05-09 16:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3agmui/', 'I love bearish sentiment in the bull cycle.\xa0', '1cno6cx'], ['u/jarederaj', 21, '2024-05-09 17:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aive3/', 'lol, go look at threads in 2020.', '1cno6cx'], ['u/jarederaj', 14, '2024-05-09 17:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aly1y/', 'lol, we’ve never had an ATH this early. Too hot too fast.\n\nIt just doesn’t move that fast this early in the cycle. You’re observing the ETFs get their early position. 2020 and 2016 had similar accumulation periods that lasted months. Still a bull market compared to everything else.', '1cno6cx'], ['u/octopig', 12, '2024-05-09 18:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3auhfn/', 'Crazy comment at 62.5K. Unfortunately this isn’t for you my friend.', '1cno6cx'], ['u/fatebound', 28, '2024-05-09 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3aul1o/', "Here are the narratives which I'm dispensing all my copium into:\n\n1. The price of bitcoin has more or less been historically placid after the halving then a few weeks later it starts ramping up.\n\n2. My assumption but bitcoin doesn't just hit the previous ATH and then calls it quits and goes on another multi year bear cycle. Doesn't feel right with me\n\n3. Large macro style bullflags have lasted longer than this. \n\n4. Since we are following large indicies like the S&P500 now, you can expect prices around 67-70k in the immediate future.\n\nFeel free to add some if you can think of any", '1cno6cx'], ['u/dopeboyrico', 11, '2024-05-09 18:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3az5ls/', 'Adding on to point 4, both S&P 500 and Nasdaq are less than 2% away from ATH.\n\nIf we’re assuming correlation, these indices reaching new ATH should coincide fairly closely to BTC also reaching new ATH.', '1cno6cx'], ['u/John_Crypto_Rambo', 22, '2024-05-09 19:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3b2gcn/', 'You take away their power if you set an alert for $80k and forget about crypto for a while.', '1cno6cx'], ['u/AverageUnited3237', 18, '2024-05-09 19:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3babkt/', 'Sentiment in here seems properly fucked yet we\'re at 62k. Dipped my toes in a bit here, bought "the dip"(more dry powder on the side if we truly breakdown)\n\n\nNot even 3 weeks after he halving and we\'re at 62k and seems like based on commentary here people are already getting shaken out... not the time to be bearish imo', '1cno6cx'], ['u/AverageUnited3237', 19, '2024-05-09 20:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bf196/', "It's been going down for almost two months straight (reference the sea of red on the weekly chart), and suddenly everyone here is bearish now. Most of the same people here were bullish at the top. I'm not making any moon predictions, but I feel that this is probably not the worst time to be accumulating.", '1cno6cx'], ['u/bobbert182', 15, '2024-05-09 20:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bgach/', "We're consolidating under ATH just after the halving. What is there to be bearish about?", '1cno6cx'], ['u/GRYMandFROSTBITTEN', 13, '2024-05-09 20:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bh3wn/', 'When I look, I see bullish consolidation after a massive move up.', '1cno6cx'], ['u/Cygnus_X', 20, '2024-05-09 21:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bm5d3/', "I'm still expecting we'll be back above 70k sometime in june", '1cno6cx'], ['u/octopig', 10, '2024-05-09 21:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bmdt3/', 'You’ve NEVER been more bearish???', '1cno6cx'], ['u/nationshelf', 31, '2024-05-09 21:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3bnkpp/', 'Whether you’re bullish or bearish, Bitcoin consolidating for months at a time is completely normal.', '1cno6cx'], ['u/marsh2907', 14, '2024-05-09 23:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cno6cx/daily_discussion_thursday_may_09_2024/l3c79s6/', "Yeah sure...... It's all the stock market controlling the BTC price direction.", '1cno6cx']]], ['u/Impressive-Buyer-333', 'I am thinking about becoming a whole coiner', 164, '2024-05-09 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/', 'I am considering buying 1btc & then moving it off the exchange to a wallet.\n\nI am hesitant for a couple reasons - mainly price fluctuations. I don’t mind the 1-10% drawdowns, but a move like 50% would possibly shake me out.\n\nHow do you full coiners cope with the price of BTC fluctuations? \n', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/', '1cnokjr', [['u/UtahJohnnyMontana', 92, '2024-05-09 06:32', 'https://www.reddit.com/r/Bitcoin/comments/1cnokjr/i_am_thinking_about_becoming_a_whole_coiner/l38lvtm/', "If 50% would shake you, don't do it. That is not an uncommon occurrence with Bitcoin. If you're not in it for the long haul, you're going to get burned.", '1cnokjr'], ['u/OGghost2', 24, '2024-05-09 06:39', 'https://www.reddit.com/r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• The Dow rose for a seventh straight session on Thursday.\n• Despite jobless claims coming in higher than the previous week, Citi analysts said the reading was still low.\nUS stocks accelerated in afternoon trading on Thursday, propelling the Dow Jones Industrial Average to its seventh consecutive day of gains to mark its longest winning streak of 2024.\nDespite a shaky start to the day, the major stock averages rose steadily after the latest jobless claims came in higher than expected, bolstering the case for rate cuts from the Federal Reserve amid a cooling labor market.\nTech giants, including Apple, Meta, Microsoft, and Amazon, all gained on the day. Shares ofCaterpillarandHome Depotled the way in powering the Dow Jones higher.\nA $25 billion sale of 30-year Treasury bonds saw good demand, which helped yields come down and bolster gains for stocks.\nThe latest data showed weekly jobless claims hitting their highest level since August, jumping to 231,000 and helping to make the case that the labor market may be cooling enough to make the Fed more amenable to lowering interest rates soon.\n"We would be more concerned if initial claims continue to increase steadily in coming weeks and surpass the 260k levels from last year," Citi analysts said in a note on Thursday,\xa0 adding that New York initial claims alone contributed 10,000 to the total jump in weekly claims.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Thursday:\n• S&P 500:5,214.08, up 0.51%\n• Dow Jones Industrial Average:39,387.76, up 0.85% (+331.37 points)\n• Nasdaq Composite: 16,346.26, up 0.27%\nHere\'s what else is going on:\n• Buy this boring part of the stock marketfor overlooked exposure to the AI boom.\n• Wheat prices have surgedto 8-month highs amid global conflict and extreme weather.\n• \'Seriously underwater\' mortgagesare on the rise throughout the US, with Southern states seeing the biggest jump.\n• Don\'t blame Wall Streetfor jacking up home prices, economist says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 0.8% $79.61 a barrel.Brent crude, the international benchmark, was up 0.75% to $84.20 per barrel.\n• Goldrose 1.2% to $2,350 an ounce.\n• The 10-year Treasury dipped two basis points to 4.457%\n• Bitcoinwas up 0.7% to $62,566.\nRead the original article onBusiness Insider', "VanEck, a prominent asset management firm, has joined the memecoin frenzy by introducing a new index focused on this highly popular category of tokens. The index, known as MarketVector's Meme Coin Index and traded under the symbol MEMECOIN, tracks the performance of the top six meme tokens in the market. The largest holdings of this index include well-known meme coins likeDogecoin (DOGE),Shiba Inu (SHIB), andPepe (PEPE). Other tokens such asdogwifhat (WIF),Floki Inu (FLOKI), andBonk (BONK)are also part of the index.\nMarketVector's MEMECOIN Index has seen a staggering year-on-year increase of over 195%. In comparison, Bitcoin (BTC) has seen a rise of 123%. The memecoin market currently has a total market capitalization of $50.7 billion,accordingto CoinMarketCap, and MarketVector's index tracks $44.67 billion worth of meme coin value.\nAs meme coins continue to capture the attention of investors and gain traction in the market, the launch of VanEck's MEMECOIN Index provides a new tool for tracking the performance of these unique digital assets.\nSome believe that the memecoin craze will persist due to the lower fees associated with Solana, a blockchain platform that enables users to make small bets with the potential for significant profits. This stands in contrast to the previous bull market that saw high fees on the Ethereum network, especially during the boom in NFT trading.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", 'As the cryptocurrency market once again experiences volatility post a strong Q1 2024 surge, investors face fresh uncertainty. The recent price dip raises doubts about the sustainability of the rebound, emphasising the persistent volatility of digital assets. Consequently, market participants navigate uncertain terrain, recognising the inherent risks at play.\nAgainst this backdrop,\xa0Coinbase Global Inc\xa0has emerged as the top cryptocurrency trading platform, commanding a 47% share of voice on Reddit, reveals the\xa0Social Media Analytics Platform\xa0of\xa0GlobalData, publishers of EPI.\nGlobalData’s report,\xa0“Top Platforms for Crypto Trading – Q1 2024,”\xa0 reveals that the remaining top-mentioned platforms for crypto trading are Binance Holdings, Cash App, KuCoin Exchange, Kraken Bitcoin exchange, Bybit Fintech, OKX.com, and Bitfinex.\nShreyasee Majumder, Social Media Analyst at GlobalData, said: “In Reddit discussions on crypto trading platforms, customer service took centre stage as the most popular topic with 52% share during Q1 2024. Platforms like Binance and Kraken received mixed reviews, with users praising efficiency while expressing frustration over the delayed responses and account freezes.\nMeanwhile, Coinbase and Cash App faced pronounced criticism for their handling of inquiries, marked by prolonged wait times and difficulties in issue resolution. These varied experiences underscore the critical importance of addressing service quality across the cryptocurrency market to bolster user satisfaction and foster trust in these platforms.”\nDespite Coinbase garnering 47% of Redditors\' share of voice among the top eight trading platforms, the community\'s diverse opinions highlight concerns about the platform glitches, high fees, and withdrawal costs, prompting calls for enhancements. Although users experienced dissatisfaction due to shortcomings in customer support, their enthusiasm for Coinbase\'s platform functionalities, particularly features like staking, continues to thrive. Furthermore, influencers are engaged in discussions regarding the evolving regulatory landscape, emphasising the need for legal clarity to ensure Coinbase\'s compliance and continued growth.\nBinance emerged as the second-most discussed platform with 29% share of voice during Q1 2024. Redditors embarked on a cautious exploration of various facets of Binance’s operations, delving into the key discussed topics like the platform\'s notable decision to delist Monero, regulatory challenges, and the notable success of $WIF\'s launch on the Binance Smart Chain. Additionally, discussions surrounding trust and security issues, as well as Binance\'s profound impact on altcoins, added depth to the community dialogue.\nMajumder added: “These multifaceted discussions underscored the nuanced perspectives within the Reddit community and emphasised the pivotal role that Binance plays in shaping the dynamic landscape of the cryptocurrency market.”\n"Coinbase dominates Reddit discussions amongst top crypto trading platforms during Q1 2024, reveals GlobalData" was originally created and published byElectronic Payments International, a GlobalData owned brand.\nThe information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.', 'LAS VEGAS, May 10, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240510284046/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'LAS VEGAS, May 10, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240510284046/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'Bitcoin’s NodeMonkes led the non-fungible token (NFT) market in daily sales with US$876,936 on Thursday.\nNodeMonkes rose 21% from the previous day’s sales total of US$725,058. It was the third best-selling collection on Wednesday.\nThursday’s sales total pushes NodeMonkes’ all-time sales volume to US$215.16 million. It’s ranked as the top NFT collection in the Bitcoin network and is less than US$1 million away from overtaking CyberKongz for the 26th spot in the market, CryptoSlam data shows.\nCryptoPunks, an Ethereum collection, led the market for two straight days this week but fell out of the top 10 on Thursday with sales totaling US$113,210. The collection had just under US$3 million in sales in the two days before it dropped off the list.\nThe second-highest performing collection of the day, DMarket, witnessed a substantial daily turnover with sales reaching US$781,961.\nThis collection saw high engagement totals with 4,312 unique buyers and 3,715 sellers, resulting in 34,674 transactions.\nDMarket is a collection that represents in-game items for Mythos Chain.\nTwo Bitcoin collections closed the day in the top three, with the $PMPS BRC-20 NFTs trailing DMarket. PMPS had a daily sales volume of US$735,936.\nOther collections also made the top 10 list with their daily performances. Solana’s Mad Lads came in fourth with a daily sales figure of US$689,509 between 53 unique buyers and 50 sellers.\nAzuki followed with US$631,040 from 34 unique buyers and 32 sellers.\nThe Bored Ape Yacht Club, a collection that is often on the daily top three list, recorded a sales volume of US$232,374 on Thursday. This is the 10th consecutive day BAYC has stayed under US$1 million in daily sales.', "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin tradedeither side of $63,000 during the European morning on Fridayhaving retreated from its rebound to $64,400 late Thursday.BTC looks set to end the week in an upward trend having recovered from its collapse south of $57,000 last week. At the time of writing, bitcoin is priced just under $63,000, 3.1% higher in the last 24 hours. The CoinDesk 20 Index (CD20), measuring the broader digital asset market, is up 3.6%. Solana led the gains among the CD20 constituents, climbing over 9% to $154, while DOGE is up just over 4.5% at $0.15, testament tothe meme-coin seasonin crypto markets.\nComfortably the biggest gainer of the last week among the largest cryptocurrencies is toncoin (TON), the native token of The Open Network,which has risen from around $5.20 to just under $7.In the past 24 hours, it has jumped nearly 17% following news that viral Telegram-based game Notcoin will introduce its native NOT token on May 16. TON, which is the blockchain of choice for the messaging app's blockchain projects, has risen nearly 30% in the last week, extending its gains against other crypto majors. For context, the CD20 is up around 5.5% compared to its level of a week ago.\nBinance and fellow crypto exchange KuCoinhave won registration with India's Financial Intelligence Unit.They became the first offshore crypto-related entities to be approved by the anti-money laundering unit, months after being banned at the end of last year. KuCoin paid a $41,000 fine and resumed operations, while Binance is also expected to pay a penalty after a hearing with the FIU. “Binance is registered but the compliance proceedings are not completed because the amount of penalty has to be decided by me and that hearing is still going on,” said Vivek Aggarwal, who heads FIU-IND. Among the other sanctioned platforms, Kraken, Gemini, andGate.iohave all begun negotiations with the regulator.\n• The chart shows cumulative notional open interest, or dollar value locked, in the active toncoin (TON) perpetual futures contracts listed on Binance, Bybit and OKX.\n• Open interest has risen to a one-month high of nearly $200 million in a sign of renewed inflow of money into the market.\n• TON has risen 28% in one week, outperforming the rest of the 10 largest cryptocurrencies by market value.\n• Source: Velo Data\n- Omkar Godbole\n• Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy\n• Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win\n• Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure", "This article originally appeared inFirst Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day.\nBitcoin tradedeither side of $63,000 during the European morning on Fridayhaving retreated from its rebound to $64,400 late Thursday.BTC looks set to end the week in an upward trend having recovered from its collapse south of $57,000 last week. At the time of writing, bitcoin is priced just under $63,000, 3.1% higher in the last 24 hours. The CoinDesk 20 Index (CD20), measuring the broader digital asset market, is up 3.6%. Solana led the gains among the CD20 constituents, climbing over 9% to $154, while DOGE is up just over 4.5% at $0.15, testament tothe meme-coin seasonin crypto markets.\nComfortably the biggest gainer of the last week among the largest cryptocurrencies is toncoin (TON), the native token of The Open Network,which has risen from around $5.20 to just under $7.In the past 24 hours, it has jumped nearly 17% following news that viral Telegram-based game Notcoin will introduce its native NOT token on May 16. TON, which is the blockchain of choice for the messaging app's blockchain projects, has risen nearly 30% in the last week, extending its gains against other crypto majors. For context, the CD20 is up around 5.5% compared to its level of a week ago.\nBinance and fellow crypto exchange KuCoinhave won registration with India's Financial Intelligence Unit.They became the first offshore crypto-related entities to be approved by the anti-money laundering unit, months after being banned at the end of last year. KuCoin paid a $41,000 fine and resumed operations, while Binance is also expected to pay a penalty after a hearing with the FIU. “Binance is registered but the compliance proceedings are not completed because the amount of penalty has to be decided by me and that hearing is still going on,” said Vivek Aggarwal, who heads FIU-IND. Among the other sanctioned platforms, Kraken, Gemini, andGate.iohave all begun negotiations with the regulator.\n• The chart shows cumulative notional open interest, or dollar value locked, in the active toncoin (TON) perpetual futures contracts listed on Binance, Bybit and OKX.\n• Open interest has risen to a one-month high of nearly $200 million in a sign of renewed inflow of money into the market.\n• TON has risen 28% in one week, outperforming the rest of the 10 largest cryptocurrencies by market value.\n• Source: Velo Data\n- Omkar Godbole\n• Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy\n• Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win\n• Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure", 'Node is a Key Step Using AI to Improve and Grow Web3 Apps; MOR Token Now Available to Access AI Compute and Reward\nChicago, IL, May 10, 2024 (GLOBE NEWSWIRE) --\nLumerin, a protocol and foundational layer technology using smart contracts to control how P2P data streams are accessed, routed, and transacted, today announced its testnet node for decentralized artificial intelligence (AI) compute will go live in Q2 or Q3 on the Morpheus AI network. \xa0The Lumerin team are avid code contributors and, upon seeing the opportunity represented by Morpheus, contributed codebase that was years in the making and battle-tested. Lumerin’s testnet node is a key step in developing applications that use AI to make Web3 applications more accessible, transparent, and efficient for consumers and businesses alike.\nWhy Decentralize AI?\nCentralized AI models are more prone to inherent biases and increase the risk of censorship and monopoly. Decentralized AI on-chain democratizes access to data and intelligence and ensures better transparency and accountability with open testing benchmarks without the need to rely on flawed, centralized frameworks.\nLumerin Powers The Morpheus AI Network\nLumerin is leveraging its existing codebase to build the core node software for Morpheus, a decentralized AI network that connects users, compute providers, and personal AIs, called Smart Agents, in a seamless Web3 ecosystem. \xa0Key benefits include:\n• PermissionlessAccess to Personal AIs– Open, transparent, equitable access to public and private AI models.\n• Decentralized Al Data Routing– Secure, reliable, and efficient allocation of AI resources across the network and within any AI services marketplace.\n• Censorship Resistant– Democratic access to AI that protects data and user privacy.\n• Crypto Payments for AIs– More freedom, better usability, and rewards for Smart Agent providers using crypto payment rails.\n• AI Marketplace– A highly cost-effective, accessible two-sided market for AI services where users and AI service providers transact directly.\n"Our code contribution to Morpheus represents a vision of a future where individuals have complete control over their data and their privacy, free from the shackles of government censorship and corporate interests,” said Lumerin project leader, Ryan Condron. “Together we’re on a mission to use decentralized AI to help grow and make Web3 applications more accessible, transparent, and efficient for everyone.”\nOn Friday, May 10 at 1p ET, Lumerin and Morpheus will host the Spaces session, “Why Decentralized AI Matters,” where community members can join to discuss and learn more about this dynamic topic.\nThe Utility of MOR Token\nLike ETH for Ethereum, MOR is the underlying token and main asset for AI projects launched on the Morpheus network. The main utility of MOR is access to AI compute for holders and rewards for capital and code contributors. In addition, holders will eventually be able to stake MOR towards their favorite Smart Agents and front ends, allowing users to be rewarded in those entities’ native tokens.\nMOR can only be earned or purchased. Running on Arbitrum, MOR is now on Uniswap. MOR rewards for capital and code contributors will be available for claim by visiting theMOR Dashboard.\nAn FAQ and complete details about the MOR token is availablehere.\nAbout Lumerin\nLumerinis an open-source protocol and foundational layer technology that uses smart contracts to control how P2P data streams are accessed, routed, and transacted. Live on Arbitrum, Lumerin’s first use case is the world’s first peer-to-peer, decentralized marketplace for trading Bitcoin hashpower. Lumerin is currently being leveraged to decentralize and more efficiently allocate AI compute power and, as its ecosystem expands, will enable novel applications on DePIN and the tokenization of real-world assets (RWAs). Lumerin can also enable encrypted video and audio streams, permissioned communications, and programmable data streams and digital assets like NFTs and more. Founded in 2021, Lumerin’s strategic partners include Bloq, Hive Blockchain, Fenbushi Capital and Outlier Ventures, among others.\nFor more info, visithttps://lumerin.io/.\nCONTACT: Alexa K Head of Marketing Lumerin alexa (at) lumerin.io', 'Block(NYSE: SQ)stock has seen some wild swings over the past few years, skyrocketing and then tanking. Customers love its products, and the company has demonstrated consistent revenue growth throughout most of its lifetime. But it has struggled with profitability, and its seeming obsession withBitcoinhas scared some investors off.\nDoes it deserve a space in your portfolio?\nBlock operates two main businesses: Square, its original seller\'s business, and Cash App, a personal finance app with payments, bank accounts, and more. Both businesses offer easy-to-use services that provide innovative and tech-based solutions to real problems.\nThe seller\'s business offers payments and management solutions to help small businesses operate more efficiently. One recent breakthrough on the platform is the ability to accept payments even when there are connectivity issues. That\'s a real benefit that serves frustrated customers, and Square has a strong track record of delivering these kinds of services that make life easier for its users.\nSquare\'s revenue increased 11% year over year in the 2024 first quarter. Like many similar businesses, most of its revenue comes from transactions, which is mostly payment processing. Transaction-based revenue accounted for 81% of the total.\nThe Cash App business accounts for the majority of sales, at 70% of the total . Management is strategizing for Cash App to become more of a full-service bank app, with one of its objectives to "bank our base," and the other two to service families and become a "social bank." Sound familiar?\nIt definitely looks like it\'s talking a page out of theSoFi Technologiesplaybook. This makes sense considering SoFi\'s excellent performance and Cash App\'s similarities and base of millennial customers. Cash App revenue increased 23% year over year in the first quarter.\nBlock has incredible potential and was the kind of growth stock investors loved when it first came onto the scene. It\'s truly disruptive and innovative and was growing fast. It struggled early in the pandemic when small businesses were closed. Even though it has recovered to some degree, its stock is down 75% from its highs in 2021 and is about flat over the past five years.\nTwo parts are turning off investors. One is Block\'s major problems with profitability. Instead of becoming profitable at scale, it was bleeding through more and more cash.\nA few months ago, management said it was getting serious about cost-cutting, and that seems to be working. It slashed the head count, with a commitment to remain below 12,000 for the near future. It has turned to automation and artificial intelligence (AI) to better use its resources and reported $250 million in operating incomeat a 12% marginand $472 million in net income in the 2024 first quarter.\nThat\'s a welcome update. Even though Block needs to demonstrate sustained profitability to please investors, it\'s on the right track. So why is Block down 10% this year, even after a positive earnings report?\nThat brings us to the second reason investors are wary, and Block didn\'t do itself any favors in the first quarter when addressing it. And that\'s Bitcoin.\nBlock began to buy Bitcoin back in 2020, although it has been interested in it from early on. It offers Bitcoin trading through Cash App, which it counts as revenue.\nWithout Bitcoin trading, Cash App revenue increased 18% in the first quarter. That\'s still a good showing, but Bitcoin accounts for a not-insignificant amount. In other quarters, it has made a more substantial difference.\nBlock has invested in Bitcoinand blockchainin other ways, as well, such as Spiral, which "builds and funds free, open-source projects that advance the use of Bitcoin as a tool for economic empowerment." It also invested in TBD, which "is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution."\nIn his shareholder letter, CEO Jack Dorsey said he gets asked all the time about why Block, which changed its name from Square to signal its trajectory, is investing so heavily in Bitcoin. He gave a several-page-long explanation about how he sees Bitcoin as the native currency of the internet and why it\'s going to be crucial for digital financial transactions. He also said Block uses less than 3% of its resources on Bitcoin-related projects.\nIn other words, instead of deliberate consideration about how the Bitcoin ventures are scaring away shareholders, he doubled down on the premise.\nNow, I\'m not a prophet, and I have no idea if he\'s right or wrong in his thinking. But I do know that if you run a public company, part of your mission is to create shareholder value. Any investor interested in buying Block stock will know in advance that they\'re investing in Jack Dorsey\'s management -- for now, at least. People who believe in his vision will invest, but those who don\'t aren\'t going to be encouraged by what looks like a risky play.\nThat\'s what this boils down to. If you believe in Dorsey and his bet on Bitcoin, you might want to buy shares of Block stock. The company is doing well, with increasing sales and profits moving in the right direction. The stock is cheap, trading at only 1.9 times trailing-12-month sales.\nBut if you aren\'t ready to embrace Bitcoin as a global money-moving approach, you should probably stay away from Block stock right now.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $553,959!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nJennifer Saibilhas positions in SoFi Technologies. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nBlock Stock: Buy, Sell, or Hold?was originally published by The Motley Fool', "New York, NY, May 10, 2024 (GLOBE NEWSWIRE) --\nIn the midst of\xa0Bitcoin\xa0and\xa0Ethereum\xa0experiencing declines,Furrever Tokenemerges with an enticing proposition: a limited-time $20,000 giveaway. This offer presents a unique opportunity for investors seeking to diversify their portfolios and capitalize on potential gains. As the crypto market experiences turbulence, Furrever Token's giveaway stands out as a beacon of opportunity, offering participants the chance to win substantial rewards while the industry giants face downward trends.\nBitcoin Social Activity Declines Amid Market Volatility\nBitcoin (BTC) is currently priced at around $60,991.88, reflecting a 2.3% decrease from yesterday's rates. Recent data reveals that Bitcoin has experienced a notable decline in social activity, marking its lowest level of engagement this year. Despite this downturn, Bitcoin maintains a significant presence in discussions within the crypto space, indicating ongoing engagement and participation.\nThe decrease in social activity surrounding Bitcoin is attributed to its recent struggles to maintain the $61,000 price range. Social metrics, however, show that Bitcoin continues to dominate discussions within the cryptocurrency space. BTC's Social Dominance remains within the 26% range, with a slight shift from 26.21% to 26.42%. The Social Volume on May 8th concluded with a count of 4,622, suggesting that Bitcoin maintains a substantial presence in cryptocurrency discussions despite the reported decline in social activity.\nAdditionally, Bitcoin's 24-hour active addresses chart indicates a recent decline compared to activity levels observed earlier in the month and the previous month. Nonetheless, with around 721,000 active addresses as of this writing, Bitcoin continues to demonstrate significant activity on its network despite the recent market dip.\nEthereum Faces Regulatory Hurdles: It Is Still Declining\nEthereum (ETH) is currently priced at around $2,971.87, maintaining stability with a slight downturn from yesterday's prices. However, regulatory challenges loom large for the popular cryptocurrency. On May 6, 2024, the United States Securities and Exchange Commission (SEC) announced a delay in its decision regarding the proposed rule change to list and trade shares of the Invesco Galaxy Ethereum ETF. This delay underscores the uncertainty surrounding the approval of spot Ether ETFs, as the SEC persists in viewing Ethereum as a security.\nDespite resistance from entities like Consensys, which argues Ethereum's classification as a global computing platform akin to commodities like Bitcoin and Gold, the SEC remains firm in its stance. John Reed Stark, a senior law lecturer and former chief of Internet Enforcement at the SEC, emphasized the regulatory body's commitment to protecting crypto investors from predatory practices during his testimony before the US House of Representatives Financial Service Committee.\nAmidst speculation surrounding Ethereum's price action, the cryptocurrency has rebounded approximately 3 percent in the past week, trading around $3,070 on Monday. However, Ethereum faces a technical challenge as it aims for an all-time high (ATH) in the coming weeks, contingent upon consistently closing above $3,380. Additionally, the daily 50 MA serves as a formidable resistance level, adding complexity to Ethereum's price trajectory amidst regulatory uncertainties.\nFurrever Token (FURR) Aims to Pull More Investors with a $20,000 Giveaway\nFurrever Tokenis not your average cryptocurrency. It's a breath of fresh air in the crypto world, infusing irresistible cuteness into every aspect of its platform. With its adorable cat-themed stickers and visuals, Furrever Token offers users a delightful and charming experience, creating a whimsical and heartwarming crypto ecosystem.\nIn addition to its enchanting features, Furrever Token has seen remarkable success with its recent presale, raising over $1 million within just two months. This impressive achievement is a testament to the platform's growing popularity and investor confidence.\nBut the excitement doesn't stop there. Furrever Token recently announced a limited-time competition that has the crypto community buzzing with anticipation. Running from May 9th, 2024, at 17:00 UTC +0 to May 27th, 2024, at 12:00 UTC +0, this competition offers participants the chance to win substantial prizes based on their total buys over the specified period. With a staggering $20,000 up for grabs, the competition prizes range from $1,000 to $5,000, enticing investors looking to capitalize on this unique opportunity. Not only does this competition add an extra layer of excitement to the Furrever Token ecosystem, but it also serves as a clever marketing tactic to increase awareness and engagement with the platform.\nMoreover, Furrever Token offers the potential for significant returns, with promises of up to 15X returns for investors. With its current price reflecting its promising outlook, Furrever Token presents an attractive investment opportunity for both seasoned investors and newcomers alike.\nIn summary, Furrever Token stands out in the crypto landscape with its charming features, successful presale, and enticing limited-time competition. As it continues to capture the hearts of investors and cat lovers alike, Furrever Token is poised for continued success in the world of cryptocurrency.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", "New York, NY, May 10, 2024 (GLOBE NEWSWIRE) --\nIn the midst of\xa0Bitcoin\xa0and\xa0Ethereum\xa0experiencing declines,Furrever Tokenemerges with an enticing proposition: a limited-time $20,000 giveaway. This offer presents a unique opportunity for investors seeking to diversify their portfolios and capitalize on potential gains. As the crypto market experiences turbulence, Furrever Token's giveaway stands out as a beacon of opportunity, offering participants the chance to win substantial rewards while the industry giants face downward trends.\nBitcoin Social Activity Declines Amid Market Volatility\nBitcoin (BTC) is currently priced at around $60,991.88, reflecting a 2.3% decrease from yesterday's rates. Recent data reveals that Bitcoin has experienced a notable decline in social activity, marking its lowest level of engagement this year. Despite this downturn, Bitcoin maintains a significant presence in discussions within the crypto space, indicating ongoing engagement and participation.\nThe decrease in social activity surrounding Bitcoin is attributed to its recent struggles to maintain the $61,000 price range. Social metrics, however, show that Bitcoin continues to dominate discussions within the cryptocurrency space. BTC's Social Dominance remains within the 26% range, with a slight shift from 26.21% to 26.42%. The Social Volume on May 8th concluded with a count of 4,622, suggesting that Bitcoin maintains a substantial presence in cryptocurrency discussions despite the reported decline in social activity.\nAdditionally, Bitcoin's 24-hour active addresses chart indicates a recent decline compared to activity levels observed earlier in the month and the previous month. Nonetheless, with around 721,000 active addresses as of this writing, Bitcoin continues to demonstrate significant activity on its network despite the recent market dip.\nEthereum Faces Regulatory Hurdles: It Is Still Declining\nEthereum (ETH) is currently priced at around $2,971.87, maintaining stability with a slight downturn from yesterday's prices. However, regulatory challenges loom large for the popular cryptocurrency. On May 6, 2024, the United States Securities and Exchange Commission (SEC) announced a delay in its decision regarding the proposed rule change to list and trade shares of the Invesco Galaxy Ethereum ETF. This delay underscores the uncertainty surrounding the approval of spot Ether ETFs, as the SEC persists in viewing Ethereum as a security.\nDespite resistance from entities like Consensys, which argues Ethereum's classification as a global computing platform akin to commodities like Bitcoin and Gold, the SEC remains firm in its stance. John Reed Stark, a senior law lecturer and former chief of Internet Enforcement at the SEC, emphasized the regulatory body's commitment to protecting crypto investors from predatory practices during his testimony before the US House of Representatives Financial Service Committee.\nAmidst speculation surrounding Ethereum's price action, the cryptocurrency has rebounded approximately 3 percent in the past week, trading around $3,070 on Monday. However, Ethereum faces a technical challenge as it aims for an all-time high (ATH) in the coming weeks, contingent upon consistently closing above $3,380. Additionally, the daily 50 MA serves as a formidable resistance level, adding complexity to Ethereum's price trajectory amidst regulatory uncertainties.\nFurrever Token (FURR) Aims to Pull More Investors with a $20,000 Giveaway\nFurrever Tokenis not your average cryptocurrency. It's a breath of fresh air in the crypto world, infusing irresistible cuteness into every aspect of its platform. With its adorable cat-themed stickers and visuals, Furrever Token offers users a delightful and charming experience, creating a whimsical and heartwarming crypto ecosystem.\nIn addition to its enchanting features, Furrever Token has seen remarkable success with its recent presale, raising over $1 million within just two months. This impressive achievement is a testament to the platform's growing popularity and investor confidence.\nBut the excitement doesn't stop there. Furrever Token recently announced a limited-time competition that has the crypto community buzzing with anticipation. Running from May 9th, 2024, at 17:00 UTC +0 to May 27th, 2024, at 12:00 UTC +0, this competition offers participants the chance to win substantial prizes based on their total buys over the specified period. With a staggering $20,000 up for grabs, the competition prizes range from $1,000 to $5,000, enticing investors looking to capitalize on this unique opportunity. Not only does this competition add an extra layer of excitement to the Furrever Token ecosystem, but it also serves as a clever marketing tactic to increase awareness and engagement with the platform.\nMoreover, Furrever Token offers the potential for significant returns, with promises of up to 15X returns for investors. With its current price reflecting its promising outlook, Furrever Token presents an attractive investment opportunity for both seasoned investors and newcomers alike.\nIn summary, Furrever Token stands out in the crypto landscape with its charming features, successful presale, and enticing limited-time competition. As it continues to capture the hearts of investors and cat lovers alike, Furrever Token is poised for continued success in the world of cryptocurrency.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", 'On March 8, former President Donald Trump hosted a group of supporters at Mar-a-Lago. The event was for those who bought more than 47 of the Trump Digital Trading Cards "Mugshot Edition" NFTs, which were priced at $99 each. Trump gave a short speech on cryptocurrency after the dinner, which was recorded andposted on X.\n"The Democrats are very much against it [crypto]. And I say this, a lot of people are very much for it ... and I\'m fine with it. I want to make sure it\'s good and solid ... but I\'m good with i Last 60 Days of Bitcoin's Closing Prices:* [72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-10 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,248,530,147,334 - Hash Rate: 599332437.5790136 - Transaction Count: 713791.0 - Unique Addresses: 474605.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Investors who have bought and held Bitcoin have done well for themselves, but those in cocoa have amassed riches of their own. The price of cocoa has doubled to start 2024 and tripled over the last 12 months. "The worst is still yet to come," Rabobank commodities analyst Paul Joules said. The world is facing the largest deficit of cocoa supply in over 60 years. The International Cocoa Organization forecasts a shortage increase of 405% compared to last season. Don't Miss: • Executives and founders of Uber, Facebook and Apple are bullish onthis wellness app that you can co-investin at $1.15 per share. • Fortnite’s creator companygreenlights partial ownership for up to 100 accredited investorsin the upcoming series. With roughly two-thirds of the world's cocoa production in West Africa, extreme weather in the region has made it more difficult to grow healthy cocoa crops and transport them to ports for international shipment. Unlike other supply and demand imbalances, it's not easy to increase the supply of cocoa quickly. Trees in West Africa have been aging and yielding less cocoa over the years and farmers have had trouble getting the diseases impacting cocoa crops under control. Hedge funds that have piled into the commodity are benefiting from the situation, with over $8.7 billion in bets via cocoa futures products that the commodity will continue to rise. The bets have further raised the price of cocoa. Martijn Bron, a former global head of cocoa and chocolate trading for Cargill Inc., said hedge funds probably have the "biggest risk exposure to cocoa that they've ever had." Trending:This startup coined “eBay for gamers” with a breathtaking track record has opened upa window to invest in its future growth. Meanwhile, the rapid price appreciation of cocoa has impacted shares of chocolate companies such asHershey Co.(NYSE:HSY), which has seen its stock fall about 23% in the past year. It’s also led to sell-side analysts hitting the company with downgrades. Morgan Stanley recently issued an underweight rating on Hershey in large part because of the steep rise in cocoa impacting its gross margins. BNP Paribas also issued a downgrade. With consumers sensitive to prices after enduring the worst inflation in 40 years, cocoa prices might turn regular chocolate bars into luxury goods. Or they could be another victim of shrinkflation where companies create smaller chocolate bars sold at the same price or use less cocoa in their products. Read Next: • Long overdue disruption in the moving industry is underway.Here’s how to invest in it with just $100. • Here is whereyour most successful angel investmentmay be hidden. "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? • HERSHEY (HSY): Free Stock Analysis Report This articleCocoa's Rise Outpaces Bitcoin As Hedge Funds Have 'Biggest Risk Exposure To Cocoa Ever' — Chocolate Becoming A Luxuryoriginally appeared onBenzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks were mostly higher on Friday, with the Dow notching its eighth straight winning day.\n• The strong gains in May come ahead of a key CPI report, set to be released on Wednesday.\n• Fed speakers throughout the day struck a slightly hawkish tone.\nUS stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.\nThe gains came despite hawkish comments from two Federal Reserve officials on Friday. Fed Governor Michelle Bowman said she doesn\'t expect any interest rate cuts this year, while Fed President Lorie Logan said its still too early to be thinking about interest rate cuts based on the latest inflation data.\nYet, stocks pressed higher anyway, buoyed by a solid first-quarter earnings season.\nOf the 92% of S&P 500 companies that have so far reported results, 81% beat profit estimates by a median of 8%, while 60% beat revenue estimates by a median of 5%, according to data from Fundstrat.\nInvestors will now turn their attention to the upcoming release of the April consumer price index report on Wednesday. The report will offer insights into when the Fed might move forward with interest rate cuts.\nFundstrat\'s Tom Lee expects a lower-than-expected inflation report, which shouldsend dovish signals to the Fed and push stocks higher for the rest of May.\n"This April CPI will highlight the possibility that auto insurance\'s disproportionate impact on CPI is ebbing," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,222.66, up 0.16%\n• Dow Jones Industrial Average:39,512.84, up 0.32% (+125.08 points)\n• Nasdaq composite:16,340.87, down 0.03%\nHere\'s what else happened today:\n• Rising home prices are not being caused by Wall Street\'s foray into the single-family home rental market,according to an economist.\n• "Seriously underwater" mortgages are on the rise throughout the US,with Southern states seeing the biggest jump.\n• Stanley Druckenmiller said copper prices will surge over the next six years on growing demand from EVs and missiles.\n• Apple has pulled its new iPad Pro ad that it says "missed the mark" in a rare apology.\n• US home prices have soared 47% so far this decade,outpacing all of the growth seen in the 1990s and 2010s.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 1.10% to $78.39 a barrel.Brent crude, the international benchmark, dropped 1.13% to $82.93 a barrel.\n• Goldedged higher by 1.25% to $2,369.60 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.50%.\n• Bitcoindeclined 3.83% to $60,662.\nRead the original article onBusiness Insider', 'Cryptocurrencies are causing seismic shifts in the financial landscape. They can potentially disrupt traditional financial systems at various levels, from personal finance to entire economies.\nHowever, investing in cryptocurrencies requires a different approach than investing in traditional equities. It involves navigating a landscape that blends aspects of stocks with cutting-edge technology.\nTo construct a successful portfolio and capitalize on the unique opportunities offered by cryptocurrencies, I\'ve discovered three key strategies that have proven invaluable over time.\nIt\'s easy to see that investing during the depths ofcrypto winterswould have yielded the most substantial returns. For example, if you had invested when Bitcoin was at $16,000, you\'d be sitting on generous gains of more than 300% today. However, making the decision to invest when the sentiment is bearish and the outlook appears most bleak requires considerable conviction and goes against human nature.\nIronically, during these periods of pessimism, when the market is dominated by fear, the greatest opportunities often arise. Yet capitalizing on these opportunities demands the willingness to swim against the tide.\nUnderstanding the influence of a herd mentality on market sentiment and acknowledging your personal behavioral bias can instill the confidence to navigate challenging times in crypto.\xa0While Warren Buffet\'s stance on cryptocurrencies may be lukewarm, at best, his advice is still applicable: "Be fearful when others are greedy and greedy when others are fearful." By sticking to this, investors can position themselves tocapture those monumental gainsthat have become synonymous with crypto.\nIt isn\'t glamorous but it\'s the harsh truth, and I wish I had heard it earlier in my crypto investing journey:Bitcoin(CRYPTO: BTC)should form the bulk of your cryptocurrency portfolio. Don\'t get me wrong -- the hopes of getting in early on the "next Bitcoin" is tempting.\xa0However, this advice often falls on deaf ears, but most cryptocurrencies will likely fail to outperform Bitcoin over the long haul.\nCrypto analyst Benjamin Cowen displayed this phenomenon in a recent post on X. As you can see, the number of cryptocurrencies that outperformed Bitcoin in 2023 was slim. While this was only measured over the last year, rest assured that if the analysis were to zoom out even further, there would be even fewer cryptos that could claim to outdo Bitcoin.\nThe reasons for Bitcoin\'s dominance over the market are likely a topic for another day, due to the varying reasons. However, for today\'s discussion, the main point to take away is that even though other cryptocurrencies with seemingly infinite upside are alluring, the risk often doesn\'t outweigh the reward.\nWhile it seems like all cryptocurrencies go up, especially in bull markets, the reality is that most fade to worthlessness over the long haul.\nIt\'s up to each investor to determine how many cryptocurrencies they want in their portfolio. But it\'s worth knowing that you could spread yourself too thin.\nWhen you spread your money across dozens of cryptocurrencies, you open up your portfolio to significant risk. While altcoins have a role and are where those monumental gains usually come from, they shouldn\'t make up the bulk of your portfolio. Leave that to Bitcoin. Your future self will thank you.\nThis might be the most difficult one. While stock investors benefit from a plethora of data and information on a company\'s finances at their fingertips, cryptocurrencies operate in a more obscure realm. This means you have to do your own research. You need to teach yourself some fundamentals, such as tokenomics, consensus mechanisms, network functionality, and more, to help measure a cryptocurrency\'s potential.\nEach of these characteristics coincides with each other and forms the foundation of a cryptocurrency\'s long-term potential. Understanding how these factors play with each other will give you an edge to pick and choose cryptocurrencies wisely. The reality is that the majority of cryptocurrencies lose value over time.\nOf most importance, though, doing this research can give you the tools to navigate market fluctuations with confidence. When prices have plummeted, and another bear market sets in, you\'ll be able to operate with the bigger picture in mind and capitalize on opportunities where the fundamentals of a cryptocurrency hold more potential than the current market price.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Secrets Every Investor Needs to Know Before Investing in Cryptowas originally published by The Motley Fool', 'Stocks have surged higher over the past year-and-a-half, and theS&P 500index is firmly in abull marketthat began in October 2022. Despite the run-up in the broader market index, excellent investing opportunities exist today.\nBlock(NYSE: SQ)is one stock that is an intriguing opportunity for investors. The company is improving its efficiency and gross profit, and has made solid progress on these goals early this year. However, federal prosecutors are also investigating alleged compliance failures at Cash App and Square. If you\'re thinking of buying Block stock, consider the following first.\nLast year, CEO Jack Dorsey announced Block\'s goal to reach the "rule of 40" target by 2026. The goal is for Block to produce sustainable profits and profit margins, with 40 equaling the sum of its gross profit growth rate plus the adjusted operating margin. Dorsey told investors that Block would cap its number of employees at 12,000 "until we feel the growth of the business has meaningfully outpaced the growth of the company."\nBlock has made solid progress toward its goals. In the first quarter, the fintech announced net\xa0income based on generally accepted accounting principles (GAAP) of $475 million, the company\'s best quarterly net income since going public in 2015.\nSQ Net Income (Quarterly)data byYCharts\nDuring the quarter, Block grew its gross profit by 22% year over year, with Cash App (25% growth) and Square (19% growth) contributing to its solid performance. The company made good progress onincreasing engagement with banking productsthrough the Cash App and saw solid growth in its buy now, pay later offering, Afterpay.\nThe Cash App had 57 million monthly transacting actives (a Cash App account with at least one financial transaction using any product or service within Cash App), up 6% from last year, while inflows increased 17%. Meanwhile, Afterpay\'s nearly $7 billion gross merchant volume increased by 25% from last year.\nIn 2018, Block first offered Bitcoin on its Cash App platform, allowing customers to buy, hold, withdraw, or sellBitcoin.\nSince then, the company has expanded how customers can obtain Bitcoin, allowing customers to round up transactions and convert that spare change into Bitcoin or convert a percentage of direct deposits into Bitcoin with zero fees. It also recently launched a feature that could allow sellers to convert up to 10% of their daily sales into Bitcoin.\nBitcoin is becoming a growing part of Block\'s business. In the first quarter, Cash App made $80 million in Bitcoin gross profit, up 59% from last year. Block will continue to make a big bet on the cryptocurrency\'s future success, with plans to invest 10% of its gross profit from Bitcoin to purchase more Bitcoin.\nOver the past few years, companies have faced challenges from an evolving regulatory approach to anti-money-laundering laws. Fintechs, specifically, have felt the pressure to prevent fraud while they experience staggering growth as more payments go digital.\nLast week, NBC News reported that federal prosecutors were investigating alleged compliance lapses at Square and Cash App. A former employee told prosecutors that Block failed to assess risks adequately and processed thousands of transactions involving countries subject to economic sanction and cryptocurrency transactions involving terrorist groups.\nThe news continues the story that first broke in February when NBC News reported that the whistleblowers filed complaints with the Financial Crimes Enforcement Network (FinCEN), a unit of the U.S. Treasury that analyzes financial transactions to combat money laundering or other illicit activities.\nAccording to analysts atMacquarie, Block could face fines along with more robust oversight teams and infrastructure, which could add additional costs for the company. However, the company doesn\'t see structural limitations on the types of business Block can do. Analysts atJefferiesand BTIG also said the stock sell-off following the news felt a bit "overdone" and maintained a "buy" rating on the company.\nBlock has made solid progress on its efficiency goals, evidenced by its solid gross profit growth and record quarterly GAAP net income in the first quarter.\nIt also has a positioning advantage over competitors. According to The Motley Fool\'s Generational Investing Tools survey, Cash App is the most-used investing app, with 38% of respondents across all generations saying they use it.\nThe company will have to deal with the federal investigation into its anti-money-laundering practices, which could be an overhang for the stock until it is resolved. Bearing this risk in mind, I like the company\'s progress, which, combined with its brand positioning among younger generations, makes it a solid stock to buy and hold for the long haul.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nCourtney Carlsenhas positions in Bitcoin and Block. The Motley Fool has positions in and recommends Bitcoin, Block, Jefferies Financial Group, and Macquarie Group. The Motley Fool has adisclosure policy.\nIs Now the Time to Buy Block Stock? 3 Things to Consider Firstwas originally published by The Motley Fool', "SANTA CLARA, CA / ACCESSWIRE / May 11, 2024 /Shaping the Web3 Landscape: A Comprehensive Recap of Our University Tours.\nIn a journey that spanned the nation's most prestigious universities on both the West and East Coasts, we embarked on a mission that transcended mere education; it was a quest to ignite innovation, foster collaboration, and pave the way for the future of the Web3 ecosystem. Our vision was bold, ambitious, and deeply rooted in the belief that the seeds we sow today will yield the fruits of tomorrow's technological landscape.\nMission Highlights: Educate, Connect, Innovate\nAt the heart of our mission lay a commitment to education, connection, and innovation. Through a meticulously crafted series of engaging tours and intimate private dinners, we endeavored not only to impart knowledge but to cultivate a vibrant community united by a shared passion for Web3 technologies. Our goal was to bridge the gap between academia and industry, facilitating a seamless exchange of ideas and opportunities that would shape the trajectory of the Web3 sphere for years to come.\nUnveiling Opportunities: Key Activities and Insights\nOur university tours were not mere events; they were dynamic hubs of discussion, exploration, and discovery. Each stop on our journey was thoughtfully curated to provide students with a comprehensive understanding of the transformative potential of Web3 technologies. OKX, Polyhedra, and 0G, our esteemed partners, played pivotal roles in sharing their insights and expertise. OKX illuminated the path forward with a vision of innovation and opportunity, while Polyhedra delved deep into the technological advancements and the future promise of Zero-Knowledge Proof (ZKP) technology. 0G, with its pioneering work in the realm of AI Modular DA Layers, showcased the immense possibilities that lie at the intersection of artificial intelligence and decentralized systems.\nMoreover, our diverse lineup of speakers brought a wealth of knowledge and experience to the table, exploring narratives dominating the Bull Run and offering invaluable advice on navigating the complex landscape of the Web3 industry. From discussions on Restaking to insights into the potential dominance of narratives like DePIN, RWA, AI+Web3, and the BTC Ecosystem, our speakers left no stone unturned in their quest to enlighten and empower the next generation of Web3 leaders.\nAmazing Lineup Of Speakers\nImpressive Metrics: Impact and Engagement\nThe success of our university tours surpassed all expectations, with over 4,000 registrations, 584 job applications, and 52 distinguished speakers. These numbers not only underscore the immense enthusiasm and appetite for Web3 knowledge among students but also serve as a testament to the profound impact of our initiatives. In the eyes of every student who walked through our doors, we saw a spark of curiosity, a hunger for knowledge, and a determination to shape the future of the Web3 landscape.\nLooking Ahead: Future Initiatives\nAs we reflect on the resounding success of our inaugural university tours, we are filled with excitement and anticipation for the future. Our commitment to shaping the Web3 landscape remains unwavering, and we are thrilled to announce our plans to return in the fall with even more insights, opportunities, and collaborations. From expanding our reach to new universities to deepening our engagement with existing partners, we are poised to build upon the foundation laid during these transformative tours. Stay tuned for updates as we continue to chart the course for a vibrant Web3 future.\nGratitude and Appreciation\nWe extend our heartfelt thanks to all our campus and community partners for their invaluable support in making these tours a resounding success. Despite the intensity and challenges of our journey, the energy and excitement from students reaffirmed our shared vision for a vibrant Web3 future. To every sponsor, speaker, and participant who joined us on this journey, we say thank you. Your contributions have made a difference, and together, we will continue to shape the Web3 landscape for generations to come.\nTours Gallery\nContact Information:\nDafu Gao\| Partner \| OnePiece [email protected]\nSOURCE:ONEPIECE LABS\nView the originalpress releaseon accesswire.com", 'Bitcoin\'s(CRYPTO: BTC)price has more than doubled to about $63,000 over the past 12 months. That rally was mainly driven by the approval of the first spot price Bitcoin ETFs in January, the halving of Bitcoin in April, and the market\'s expectations for lower interest rates.\nThose catalysts drove some investors to make some extremely bullish predictions regarding Bitcoin\'s future. Ark Invest\'s Cathie Wood believes its price could hit $3.8 million by 2030, venture capitalist Chamath Palihapitiya sees a price of $1 million by 2040-2042, and Fidelity claims that its price could reach a whopping $1 billion by 2028-2030.\nIt\'s impossible to tell if Bitcoin will come anywhere close to those estimates, so most investors should focus on its realistic upside potential instead of those lofty price targets. I think Bitcoin has a viable path toward reaching $100,000 by the end of 2025, which still makes it a good bet for investors who can stomach the near-term volatility.\nFrom Jan. 1, 2014, to Jan. 1, 2024, Bitcoin\'s price rose from $771.40 to $43,835.62. That represented a 10-year compound annual growth rate (CAGR) of 50%. A 50% gain this year would boost Bitcoin\'s price to $65,800 by Jan. 1, 2025, while another 50% gain would drive its price to $98,700 by Jan. 1, 2026. So if Bitcoin merely replicates its average annual growth rate from the past decade, its price could approach $100,000 by the end of 2025.\nAnother factor is Bitcoin\'s performance after each halving, which reduces the rewards for mining the cryptocurrency every four years. Let\'s look back at Bitcoin\'s price after each of the three halvings that occurred in 2012, 2016, and 2020.\n[{"Halving Date": "2012", "Price at the Time of Halving": "$13", "Following Year\'s Peak Price": "$1,152"}, {"Halving Date": "2016", "Price at the Time of Halving": "$664", "Following Year\'s Peak Price": "$17,760"}, {"Halving Date": "2020", "Price at the Time of Halving": "$9,734", "Following Year\'s Peak Price": "$67,549"}]\nData source: Bitpay.\nBitcoin\'s post-halving returns are diminishing, but that trajectory suggests its price could still rise significantly after its latest halving, which occurred on April 19, 2024. Bitcoin\'s price closed at $63,844 on that day. It\'s still hovering around that level as of this writing, but the historical data suggests it could easily climb above $100,000 by 2025.\nBitcoin\'s bulls believe that institutional purchases will drive its price to newall-time highs. According to a recent EY-Parthenon survey, 76% of institutional investors still allocated less than 5% of their portfolios to Bitcoin and other digital assets.\nCathie Wood has repeatedly claimed that if institutional investors just added "a little more than 5% of their portfolios to Bitcoin," its price would soar into the millions. Wood believes the recent approvals of Bitcoin\'sspot-price ETFs-- which make it easier for institutional investors to buy the cryptocurrency -- will fuel that trend.\nThe Federal Reserve won\'t cut interest rates anytime soon, but it also said it wouldn\'t raise rates for the foreseeable future. That stability might drive more institutional investors to load up on Bitcoin and more speculative investments this year.\nMeanwhile, more businesses could accept Bitcoin for payments, while more inflation-ravaged countries could follow El Salvador\'s lead and adopt it as a national currency. That trend would bolster its reputation as a safe-haven asset and make it more comparable to gold, silver, and other precious metals. The U.S. Securities and Exchange Commission supports that view: it\'s repeatedly said that Bitcoin is the only cryptocurrency that\'s a commodity instead of a security.\nI believe Bitcoin\'s price has a clear path toward hitting $100,000 by the end of 2025, but it will probably endure some volatile swings before it hits that target. Therefore, investors should assess the near-term risks instead of blindly following the bulls.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $100,000 in 2025was originally published by The Motley Fool', 'Bitcoin\'s(CRYPTO: BTC)price has more than doubled to about $63,000 over the past 12 months. That rally was mainly driven by the approval of the first spot price Bitcoin ETFs in January, the halving of Bitcoin in April, and the market\'s expectations for lower interest rates.\nThose catalysts drove some investors to make some extremely bullish predictions regarding Bitcoin\'s future. Ark Invest\'s Cathie Wood believes its price could hit $3.8 million by 2030, venture capitalist Chamath Palihapitiya sees a price of $1 million by 2040-2042, and Fidelity claims that its price could reach a whopping $1 billion by 2028-2030.\nIt\'s impossible to tell if Bitcoin will come anywhere close to those estimates, so most investors should focus on its realistic upside potential instead of those lofty price targets. I think Bitcoin has a viable path toward reaching $100,000 by the end of 2025, which still makes it a good bet for investors who can stomach the near-term volatility.\nFrom Jan. 1, 2014, to Jan. 1, 2024, Bitcoin\'s price rose from $771.40 to $43,835.62. That represented a 10-year compound annual growth rate (CAGR) of 50%. A 50% gain this year would boost Bitcoin\'s price to $65,800 by Jan. 1, 2025, while another 50% gain would drive its price to $98,700 by Jan. 1, 2026. So if Bitcoin merely replicates its average annual growth rate from the past decade, its price could approach $100,000 by the end of 2025.\nAnother factor is Bitcoin\'s performance after each halving, which reduces the rewards for mining the cryptocurrency every four years. Let\'s look back at Bitcoin\'s price after each of the three halvings that occurred in 2012, 2016, and 2020.\n[{"Halving Date": "2012", "Price at the Time of Halving": "$13", "Following Year\'s Peak Price": "$1,152"}, {"Halving Date": "2016", "Price at the Time of Halving": "$664", "Following Year\'s Peak Price": "$17,760"}, {"Halving Date": "2020", "Price at the Time of Halving": "$9,734", "Following Year\'s Peak Price": "$67,549"}]\nData source: Bitpay.\nBitcoin\'s post-halving returns are diminishing, but that trajectory suggests its price could still rise significantly after its latest halving, which occurred on April 19, 2024. Bitcoin\'s price closed at $63,844 on that day. It\'s still hovering around that level as of this writing, but the historical data suggests it could easily climb above $100,000 by 2025.\nBitcoin\'s bulls believe that institutional purchases will drive its price to newall-time highs. According to a recent EY-Parthenon survey, 76% of institutional investors still allocated less than 5% of their portfolios to Bitcoin and other digital assets.\nCathie Wood has repeatedly claimed that if institutional investors just added "a little more than 5% of their portfolios to Bitcoin," its price would soar into the millions. Wood believes the recent approvals of Bitcoin\'sspot-price ETFs-- which make it easier for institutional investors to buy the cryptocurrency -- will fuel that trend.\nThe Federal Reserve won\'t cut interest rates anytime soon, but it also said it wouldn\'t raise rates for the foreseeable future. That stability might drive more institutional investors to load up on Bitcoin and more speculative investments this year.\nMeanwhile, more businesses could accept Bitcoin for payments, while more inflation-ravaged countries could follow El Salvador\'s lead and adopt it as a national currency. That trend would bolster its reputation as a safe-haven asset and make it more comparable to gold, silver, and other precious metals. The U.S. Securities and Exchange Commission supports that view: it\'s repeatedly said that Bitcoin is the only cryptocurrency that\'s a commodity instead of a security.\nI believe Bitcoin\'s price has a clear path toward hitting $100,000 by the end of 2025, but it will probably endure some volatile swings before it hits that target. Therefore, investors should assess the near-term risks instead of blindly following the bulls.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $100,000 in 2025was originally published by The Motley Fool', "Robert Kiyosaki, the bestselling billionaire author ofRich Dad Poor Dad, recently made a startling revelation: he has $1.2 billion in debt, according to a YouTube video.\nCheck Out:6 Reasons the Poor Stay Poor and Middle Class Doesn’t Become Wealthy\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nIn a 2022 YouTube video, Kiyosaki explained that the reason he’s “so rich” isbecausehe’s in debt. Later, in a November 2023 Instagram video, he said that while many people use debt to buy liabilities, he uses debt to buy assets.\n“So I drive a Ferrari, guess what? It’s paid off 100%, because it’s a liability. I drive a Rolls Royce, it’s paid off 100%, because it’s a liability,” he said. “I use debt as money and I don’t save cash.”\nAccording to him, the dollar “became debt” in 1971 and he doesn’t trust the currency.\n“All the cash I make, I convert to silver and gold,” he said, adding that this is also the reason why he owns some Bitcoin. “If I go bust, the bank goes bust.”\nAs Benzinga.com has noted, Kiyosaki’s stance is to use debt to create more wealth — in other words, leveraging money to make more money, such as using loans to acquire real estate, which are investments that appreciate over time.\nAnother advantage are the tax benefits associated with debt. When used for investment purposes, debt can in some instances be tax-deductible, as Benzinga noted.\nLearn More:How Much Does the Average Middle-Class Person Have in Savings?\n“If you understand history, the reason I pay no taxes is because I borrow money. I’m a debtor,” he said in the video.\nMore From GOBankingRates\n• Don't Buy a House in These 3 Cities Facing a 'Climate Change Real Estate Bubble'\n• The Single Best Thing To Buy at Aldi in May 2024\n• This is One of the Best Ways to Boost Your Retirement Savings in 2024\n• Here's How to Add $200 to Your Wallet -- Just For Banking Like You Normally Would\nThis article originally appeared onGOBankingRates.com:A Billionaire in Debt: Robert Kiyosaki’s Roadmap to Debt-Free Living", 'Three exceptional IT businesses offer investors attractive opportunities due to their strategic orientation and exceptional performance with solid fundamentals. With a\xa0substantial\xa0increase in revenue, the first one has accelerated. This outstanding result highlights the company’s skill at gaining market share and profitably monetizing its products, indicating a promising future growth trajectory.\nMeanwhile, the second one has seen a considerable boost in revenue in the semiconductor business. This lead has\xa0been driven\xa0by its diverse product portfolio. It serves several semiconductor industry areas and has established the firm as a\xa0major\xa0player with excellent growth prospects.\nFinally, the third has demonstrated remarkable financial strength and has a gross profit fueled by its\xa0main\xa0business. Furthermore, the company’s development potential in the rapidly developing cryptocurrency environment has\xa0been reinforced\xa0by its strategic emphasis onBitcoin(BTC-USD) and cryptocurrencies.\xa0This\xa0is supported by effective resource allocation and a dedication to innovation.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOverall, these are not random possibilities; they result from each company’s strategic goals, market flexibility and creative problem-solving.\nSource: Sundry Photography / Shutterstock.com\nIn the second quarter,Palo Alto(NASDAQ:PANW) demonstrated a robust sales growth of19% year-over-year (YoY), reaching $2 billion. This steady growth, from $1.7 billion in total sales for Q2 2023, is a testament to Palo Alto’s ability to consistently capture market share and effectively monetize its offerings, reflecting solid top-line growth.\nMoreover, the\xa0full\xa0value growth of Palo Alto’s future revenue is reflected in the Remaining Performance Obligation (RPO) growth, which\xa0has increased by22% YoY to $10.8 billion.Strong demand for Palo Alto’s products indicates this RPO boost and a robust pipeline of potential future income streams. Hence, the company can win long-term client commitments and contracts.\nFinally, the income earned from client invoices was reflected in the16% growth in billings YoY. Since the spike in billings is marginally slower than the revenue growth, there may be variations in billing cycles or revenue recognition techniques. Despite the stable bill increase, Palo Alto’s capacity to propel sales momentum\xa0is confirmed, staying in line with the trend of total top-line growth.\nSource: Pavel Kapysh / Shutterstock.com\nACM Research‘s (NASDAQ:ACMR) fourth quarter sales were$170 million, a considerable 57% increase YoY. In comparison, the company’s sales for 2023 were $558 million, signaling a solid 43% YoY increase.\nAdditionally, one of ACM Research’s main advantages that propel its quick growth is its stable top-line growth.\xa0Indeed, strong market demand for the company’s offerings indicates this increase.\xa0This\xa0also reflects the company’s successful market placement and happy customers. Thus, the capacity to steadily raise income indicates the market relevance and future growth prospects of ACM Research.\nIn 2023, sales of semi-critical cleaning products, Tahoe and single wafer cleaning climbed by 48%, accounting for 72% of revenue. There was a 33% YoY growth in sales from electrochemical plating (ECP) furnaces and other technologies, accounting for about 19% of the overall top line.\nFinally, except\xa0for ECP\xa0services and parts, revenue from advanced packaging increased by31.5% YoY in 2023to make up 9% of overall revenue. ACM Research has a diverse product line. It targets several semiconductor industry areas. Therefore, the solid revenue increase observed in all product categories suggests that ACM Research’s solutions are in high demand.\nSource: Sergei Elagin / Shutterstock.com\nBlock‘s (NYSE:SQ) potential for considerable expansion derives from its solid performance and stable growth across\xa0key\xa0measures. There was an adjusted EBITDA of$705 million in Q1 2024,nearly 3x from Q1 2023. Similarly, there was a gross profit of $2.09 billion, up 22% YoY. Comparably, adjusted operating income increased seven times from the previous year to $364 million.\nMoreover, Cash App’s gross profit increased by 25% to $1.26 billion in segments, while Square’s gross profit increased by19% to $820 million.\xa0Indeed, the company can produce considerable profits and revenues, as indicated by this expansion.\xa0This\xa0is fueled\xa0by the success of its\xa0main\xa0companies, Cash App and Square.\nFurther, one of the main factors boosting Block’s growth potential is its strategic concentration on Bitcoin and cryptocurrencies. The focus derives from its conviction in the possibility of an open system for money. With just 0.7% of associated costs, Cash App’s bitcoin goods contributed3.3% and 4.2%of Block’s gross profit in 2022 and 2023, respectively.\nOverall, this demonstrates Block’s effectiveness and financial impact on bitcoin-related projects, emphasizing the company’s capacity to profit from cryptocurrencies’ rising acceptance and popularity.\nAs of this writing, Yiannis Zourmpanos held a long position in ACMR. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nYiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postHidden Tech Titans: 3 Stocks Ready to Rocket Past Market Expectations by 2027appeared first onInvestorPlace.', 'Given all the hype and buzz around artificial intelligence (AI) these days, it\'s perhaps no surprise that a growing number of beaten-down crypto tokens are attempting to reinvent themselves for the AI future. TakePolkadot(CRYPTO: DOT), for example. Over the past several months, the formerly high-flying crypto has been making a lot of noise about becoming part of the AI revolution.\nSo, is all this a lot of sound and fury signifying nothing? Or is there real reason to believe thatPolkadotcan reinvent itself for AI and see a dramatic boost in valuation? Let\'s take a closer look.\nThe first thing to keep in mind is just how poorly Polkadot has performed recently. If you look at a chart for Polkadot, you\'ll essentially see a flat line extending from mid-2022 to the current period. In the past two years, Polkadot has done literally nothing for investors.\nAt its current price of $7, Polkadot is now down a whopping 87% from an all-time high of $55 in November 2021. Year to date, Polkadot is down 17%, so it hasn\'t even benefited from the surge in interest in crypto, driven byBitcoin(CRYPTO: BTC)and the new spot Bitcoin exchange-traded funds (ETFs). By way of comparison, other top altcoins are up 30% to 50% for the year.\nSo, obviously, Polkadot needed to do something to change investor perceptions. And that "something" turned out to beartificial intelligence. In April, Polkadot unveiled a number of details on how it plans to "unleash the power of AI" using blockchain technology. This includes a new plan to attract AI-focused blockchain partners for the Polkadot ecosystem and a new overhaul of its core blockchain architecture to make it more accessible, scalable, and interoperable for AI projects.\nThis AI narrative is starting to gain traction in the crypto world, and some high-profile crypto analysts have come out in favor of Polkadot. This is partly due to the potential fit between AI technology and Polkadot\'s blockchain technology. It also, in part, has to do with the trust the crypto community has in Polkadot founder Gavin Wood, who is also one of the co-founders ofEthereum(CRYPTO: ETH).\nLast year, Wood outlined a new vision to transform Polkadot into a "global supercomputer" in which every blockchain connected to the main Polkadot blockchain would function like a different computing core. To get the Polkadot "global supercomputer" to do more and more, you only needed to add more blockchains.\nAt a crypto conference in Dubai this year,\xa0Wood followed up that vision with something called the Join-Accumulate Machine (JAM),\xa0a new computing design that seeks to make Polkadot more like Ethereum.\nWhile reading a 55-page paper filled with complex mathematical equations on how JAM works is possible, it\'s easier just to focus on the big picture. JAM promises to be a sweeping new vision of how the Polkadot blockchain architecture works and how Polkadot can reshape itself for the computational needs of AI.\nWhile all this might sound incredibly wonky, it serves to illustrate a point: Polkadot\'s AI ambitions are not just a lot of marketing hype. Some incredibly smart people are working on this project, and some real steps are being taken to transform Polkadot for AI.\nThus far, Polkadot is having some initial success in attracting new AI blockchain partners. As Polkadot attracts more and more of these AI-focused partners, its valuation should increase. Polkadot has even created its own AI bot, known as Polkabot, that briefly created some online buzz.\nWhile the concept of an AI transformation is certainly intriguing, I\'m hesitant about some of the aggressive valuations I\'ve seen for Polkadot recently. For example, there is now a $27 price target for Polkadot. That\'s a nearly 300% increase from today\'s price of $7! Given just how poorly Polkadot has performed of late, that seems a bit fantastical to me. Polkadot\'s current market cap is $10 billion, so that higher valuation would imply the ability to generate $30 billion in value from new AI projects.\nKeep in mind, too, that plenty of other crypto tokens are also seeking to reinvent themselves for the AI revolution, so investors have options. While Polkadot has certainly earned a spot on my crypto watchlist, I\'m still in wait-and-see mode to see whether it can really deliver on its AI ambitions.\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIs Rapid Growth in AI the Key to Polkadot Soaring in Value by 300%?was originally published by The Motley Fool', "Over the last few days, the broader crypto market has experienced a massive sell-off. While these corrections aren't abnormal, it was the first to occur in quite some time.\nThe total crypto market cap is still up by 40% year-to-date, so after seemingly going up for most of the spring, this correction might have been a little more painful than normal and caught some investors off guard.\nYet it is during these corrections that there is typically the most opportunity. This wasn't the result of any major development but mainly just a natural flushing. Think of it as one step back to go two steps forward.\nFor those looking for an opportunity to grab some cryptocurrencies with long-term potential, here are three I ambuying on the dip.\nNot much needs to be said here.Bitcoin(CRYPTO: BTC)has been the leader of the crypto asset class for the last 15 years, and it will likely stay that way for decades to come. Even though it's the most valuable cryptocurrency, that doesn't mean it doesn't have room to grow.\nSeveral predictions claim that Bitcoin will reach $100,000, $500,000, or even$1 millionsomeday. As sensational as they sound, the overarching theme that Bitcoin's value will likely grow is probably not wrong.\nWith its finite supply, a dwindling inflation rate, and demand on an increasing trajectory, Bitcoin's price will continue to experience upward pressure as it is pushed and pulled by the basic laws of supply and demand. While this doesn't mean there won't be some bear markets and corrections along the way, there is no safer option for growing crypto portfolios than Bitcoin for investors with a long time horizon.\nRecently, Bitcoin fell as low as $57,000 but has since regained some of those losses and currently trades for around $63,000. Even though it has risen over the last few days, however, there is still an opportunity for investors. In the same way that the days of a sub-$10,000 Bitcoin are gone, the days of Bitcoin trading for less than $100,000 are likely numbered.\nI am a big fan ofStacks(CRYPTO: STX). As a Bitcoin-compatible Layer 2 blockchain, it introduces novel functionality that Bitcoin doesn't naturally possess, namely DeFi capabilities.\nThe thesis for Stacks is clear: It effectively unlocks Bitcoin's $1.5 trillion market cap to be used beyond the traditional buy-and-hold strategy. Its layered architecture provides the benefit of Bitcoin's security and decentralization but with the added ability to participate in several popular DeFi uses such as lending protocols, buying non-fungible tokens, and yield farming.\nTo quantify Stacks' potential, take a look at the Layer 2 blockchains built on top ofEthereum(CRYPTO: ETH). Today, Ethereum-compatible Layer 2's are collectively worth around $23 billion. If Stacks were to reach similar levels of utility found on Ethereum's comparable helper tokens, then its price would increase a generous sevenfold.\nCompared to Bitcoin, Stacks' price was hit particularly hard during the recent correction. Over the course of the last few weeks, it tumbled more than 30%. Like Bitcoin, it has recouped some of those losses, but its price still remains well off of its high of $3.48.\nA reclamation of its previous high would treat investors to a generous 50% gain, but when viewing its potential as the premier Bitcoin Layer 2 and its ability to grow as large as Ethereum's Layer 2 blockchains, there is still plenty of upside for Stacks.\nIf you haven't heard, arguably the most popular blockchain on the market today is Base. It isCoinbase Global's(NASDAQ: COIN)very own blockchain and has been optimized to have a user-friendly interface along with extremely low fees and blazing-fast speeds.\nIt can get a little technical, but Base doesn't have its own cryptocurrency. This design is likely the result of trying to stay out of the purview of the Securities and Exchange Commission, but this doesn't mean there isn't a moneymaking opportunity.\nInstead of investing in a native cryptocurrency on Base, like you would with Ethereum or Bitcoin, the next best option to give your portfolio some exposure to Base's burgeoning potential is by investing in the most valuable cryptocurrency built on Base:Aerodrome(CRYPTO: AERO).\nAerodrome is known as a decentralized exchange (DEX). Users can swap tokens, provide liquidity to earn a yield, and even earn rewards for participating in voting processes. As it stands, Aerodrome makes up nearly half the total value on Base, making it the ideal proxy to gain exposure to the burgeoning blockchain.\nAerodrome fell roughly 40% over the last week. That might sound bearish, but this type of correction was likely overdue. Since launching in February this year, Aerodrome has been up more than 1,100%.\nWith its unique technology that incentivizes user participation and its home on one of the most popular up-and-coming blockchains, it could be a hidden gem in the market. But Aerodrome is still new and has much to prove, so proceed with caution.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Aerodrome Finance, Bitcoin, Coinbase Global, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has adisclosure policy.\n3 Cryptocurrencies to Buy On the Dipwas originally published by The Motley Fool", "NOW Inc. (NYSE:DNOW) Q1 2024 Earnings Call Transcript May 10, 2024\nNOW Inc. misses on earnings expectations. Reported EPS is $0.1963 EPS, expectations were $0.24. DNOW isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Good morning. My name is Ian and I will be your conference operator today. At this time, I would like to welcome everyone to the DNOW First Quarter 2024 Earnings Conference Call. [Operator Instructions] Thank you. I’d like to hand things over to Mr. Brad Wise, Vice President of Digital Strategy and Investor Relations. You may begin your conference.\nBrad Wise:Well, thank you, Ian and good morning and welcome to DNOW’s first quarter 2024 earnings conference call. We appreciate you joining us and thank you for your interest in DNOW. With me today is David Cherechinsky, President and Chief Executive Officer and Mark Johnson, Senior Vice President and Chief Financial Officer. We operate under the DNOW brand, which is also our New York Stock Exchange ticker symbol. Please note that some of the statements we make during this call, including responses to your questions, may contain forecasts, projections and estimates, including but not limited to comments about the outlook for the company’s business. These are forward-looking statements within the meeting of the U.S. federal securities laws based on limited information as of today, May 10, 2024, which is subject to change.\nThey are subject to risks and uncertainties and actual results may differ materially. No one should assume these forward-looking statements remain valid later in the quarter or later in the year. We do not undertake any obligation to publicly update or revise any forward-looking statements for any reason. In addition, this conference call contains time-sensitive information that reflects management’s best judgment at the time of the live call. I refer you to the latest Forms 10-K and 10-Q that DNOW has on file with the U.S. Securities and Exchange Commission for a more detailed discussion of the major risk factors affecting our business. Further information as well as supplemental financial and operating information maybe found within our earnings release on our website at ir.dnow.com or in our filings with the SEC.\nIn an effort to provide investors with additional information relative to our results a Last 60 Days of Bitcoin's Closing Prices: [71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-11 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,197,047,435,719 - Hash Rate: 657199017.7590562 - Transaction Count: 719306.0 - Unique Addresses: 445747.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies. Pershing Square Capital's current holdings look like this. [{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe's", "Percentage of Portfolio": "2.7%"}] Data source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding. Some investors might cringe at his portfolio's lack of diversification, but Ackman's strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn't ownNvidia(NASDAQ: NVDA). The only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now. So, why don't Ackman and Pershing Square Capital own Nvidia? Any assessment of Ackman's style will clearly show he's a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable." Any investor following Ackman's No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia's business model is simple: Sell more GPUs. Unfortunately for investors, the company's sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia's latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up. Chipmaking is a cyclical business, and demand for Nvidia's products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won't need to produce quite as many GPUs. But when this will happen is anyone's guess, which makes the business unpredictable. However, that's about the only rule of Ackman's that Nvidia breaks. On his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn't Ackman own its shares? Because Ackman doesn't break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn't be wise. In sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn't fit their style. Before you buy stock in Nvidia, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 22, 2024 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy. Billionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn't One of Themwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['PALM BEACH, FL. — During his first stint in the White House Donald Trump was no fan of cryptocurrencies; he once tweeted they were "based on thin air." He later sold millions of dollars worth of NFTs. This week, he rebranded himself as crypto\'s candidate of choice.\n"If you’re in favor of crypto you’re gonna vote for Trump because they want to end it," he said at a Wednesday night party in Mar-a-Lago, referring to Democrats and President Joe Biden. He also vowed to make sure his campaign can accept crypto donations.\nThe 77-year-old candidate\'s apparent turnabout came as little surprise to his audience of some 200 supporters. Many had bought $10,000 of Trump Trading Card NFTs to join this surreal, sweltering outdoor reception at the former President\'s Floridian palace. A CoinDesk reporter also attended (as a +1).\nFor nearly an hour, Trump fielded questions from a sea of sweat-drenched suit-wearers. Only a handful of them focused on crypto, an incredibly niche wedge issue that was the nominal anchor of the entire event.\nBut it was enough to make a few things clear:\n1. Trump is no expert on cryptocurrencies.\n2. Trump is an expert atsellingcryptocurrencies.\n3. The first two points don\'t matter because Trump has declared himself the champion of cryptocurrencies.\nOne exchange highlights points 1 and 3 (we will return to 2 later). When asked how he felt about central bank digital currencies (CBDCs) and "government blockchains" (two things that crypto proponents generally oppose) Trump responded "I think it all has its place."\nHe continued:\n"We have some incredible things happening, I mean crypto, if you go back to crypto a couple years ago, people said it wasn’t gonna make it but now it\'s up in record numbers. I guess you could say it\'s a form of currency and I think I’m for that, more and more I’m for that."\nThe substance of Trump\'s support for crypto might be less important to the industry\'s (likely small) cadre ofsingle-issue votersthan the fact he\'s saying anything positive about it. Trump appears to be the first major party presidential candidate that\'s embraced crypto.\nOn the other side of the race is an openly hostile presidential administration. Joe Biden\'s SEC chairman Gary Gensler is waging lawfare against many parts of the crypto industry. And earlier Wednesday, hours before his opponent\'s golf-resort gala, the President vowed to block a House effort to dismantle an SEC accounting rule for crypto that politicalopponentsargue has hampered the industry\'s growth.\n"Biden doesn’t even know what it is. If you ask Biden, \'Sir, are you for or against crypto?\' he’ll say, \'What’s that? Get me off the stage.\' He has no idea," Trump said. Whether or not that somewhat plausible presumption is true, Trump followed up with an attack on Gensler, an official well-versed in crypto.\n"I’ll say this: I’m fine with it, I want to make sure it\'s good and solid and everything else but I’m good with it," Trump said of crypto. He later said, "If we’re gonna have what we have then we’re going to have to embrace a lot of things that not everybody likes."\nHours before Trump\'s impromptu Q&A, the Biden campaign team roasted "people suckered into paying as much as $10,000 for simple digital images of him" in an email to supporters. The email blasted Trump for holding a glitzy NFT dinner instead of campaigning during his midweek break from court.\nBut Trumpwascampaigning on Wednesday night. He was vying for votes from the exceptionally loud crypto crowd that Biden had thoroughly snubbed. Sure, only a few hundred heard him firsthand. Their videos of Trump\'s pro-crypto musings ricocheted across social media and triggered a torrent of media coverage for crypto\'s self-appointed political champion.\n"There\'s 50 million crypto holders in the U.S. That\'s a lot of voters," Ryan Selkis, the CEO of crypto data platform Messari claimed to Mar-a-Lago\'s packed ballroom where VIPs (those who bought $10,000 of NFTs ) mingled with dinner attendees (who paid $4,700). Trump had unexpectedly called Selkis onstage.\nThe soundbites that emerged from Wednesday\'s NFT gala may accelerate crypto\'s polarization by locking it in the same us-or-them shackles that bind much of American politics. Bitcoin\'s libertarian roots hardly resonate today; crypto has its proponents onboth sidesof the aisle.\nRepublican politics\' most powerful voice cast crypto\'s bipartisan reality aside in declaring Democrats want to kill it off. "The Democrats are very much against it," Trump said, hours after 21 of the House\'s 213 Democrats voted to repeal the SEC accounting rule.\nTrump framed himself as the industry\'s only hope. His fluency in the industry\'s issues was spotty. Asked how he would change hostile U.S. policies that drive crypto businesses out of the country, he said: "We\'ll stop it, because I don\'t want that, I don\'t want that. I want that – if we\'re going to embrace it then we have to let them be here."\nThere was one area of crypto where Trump spoke more-or-less expertly: his NFTs. Three collections of Trump NFTs – digital trading cards that depict an uber-jacked Donald in various states of patriotism – have generated millions of dollars in sales. Wednesday\'s dinner gala celebrated high-rollers who bought into his "Mugshot Edition" third collection.\n"We did it when NFTs were not hot and we made NFTs hot again," Trump claimed of his cards, adding that some NFT buyers made tens of thousands of dollars on the resale market.\nAsked by one attendee if he would sell a fourth NFT collection, the longtime businessman demurred. "I believe in supply and demand. And as you know 1 did great, 2 did great, 3 did great. At some point maybe that turns around."\nHe polled the audience: How many Mugshot high-rollers wanted a series 4 collection of NFTs? Most raised their hands. Trump sounded bewildered: "Based on supply and demand, wouldn’t that maybe keep your prices, of the stuff you already bought, wouldn\'t that keep it lower?" He tested their resolve. "Who would likenotto see a fourth collection for that reason?" Only a couple of hands shot up.\n"Ok, a couple of economists," Trump said to the laughter of the crowd.', 'Ether(CRYPTO: ETH), the largest cryptocurrency of the open-source Ethereum network, has rallied nearly 70% over the past 12 months. However, it\'s still trading about 35% below its all-time high of $4,815, which it reached during the apex of the buying frenzy in cryptocurrencies in November 2021.\nSome bullish investors believe Ether\'s price could soar even higher. VanEck\'s Matthew Sigel and Patrick Bush expect its price to reach $11,800 by 2030, while Ark Invest\'s Cathie Wood believes it could beworth $166,000by 2032. Investors should take those estimates with a grain of salt, but I believe Ether could still head much higher for four simple reasons.\nEther,Bitcoin(CRYPTO: BTC), and many other cryptocurrencies were crushed in 2022 as rising interest rates drove investors toward more conservative investments. However, the Federal Reserve recently left its rates unchanged and won\'t likely raise them again this year. That stability -- and expectations for lower rates after inflation cools off -- should drive more investors back toward cryptocurrencies and riskier plays.\nIn August 2021, the Ethereum Network implemented two major changes with its "London" upgrade. First, it changed the calculations of transaction fees -- also known as "gas fees" -- from a manual bidding system instead of an automated one. That change simplified and streamlined the process by setting prices based on the congestion in the network.\nSecond, it started to "burn" -- or remove from circulation -- the base fee of every transaction on its network. That burning process ensured that only Ether could be used to pay for transactions across the Ethereum Network (which solidifies its economic value) while gradually reducing its supply to stabilize its market price.\nIn September 2022, the Ethereum Network switched from the energy-intensive proof of work (PoW) mining method (used by Bitcoin) to the more energy-efficient proof of stake (PoS) method. That transition, known as "The Merge," reduced its total mining energy consumption by about 99.95%.\nIt also made the Ethereum Network deflationary -- so more Ether was being burned than being issued. As a result, about $12.7 billion in Ether has been burned since the London upgrade. That\'s equivalent to 3% of its current market cap of $378 billion. While that burn rate might gradually cool off, the ongoing process should limit the crypto\'s downside potential.\nThe U.S. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds (ETFs) earlier this year. However, the SEC has been reluctant to approve the first spot price ETFs for Ether because it believes Bitcoin is the only cryptocurrency that can be considered an asset instead of a security.\nThe SEC believes that Bitcoin\'s PoW process is more similar to the physical process of mining precious metals, so it can be assigned a market-driven spot price like gold and silver. But it says the PoS process that Ethereum uses makes it more similar to a security, which is subject to tighter regulations than commodities.\nThe SEC doesn\'t seem eager to approve the first "spot price" Ether ETFs anytime soon, but ETF issuers -- including VanEck, Ark Invest, and seven other companies -- could file litigation against the agency to accelerate the process. The recent approvals of Bitcoin and Ether ETFs in Hong Kong could also force the SEC to stop dragging its feet.\nThe main thing that sets Ether apart from Bitcoin is its open-source network. Bitcoin\'s blockchain can only be used to mine the cryptocurrency, but developers can build decentralized apps, tokens, and other crypto assets on the Ethereum Network.\nAccording to Fortune Business Insights, the decentralized apps market could grow at a compound annual growth rate (CAGR) of 28% from 2023 to 2030 as more companies roll out decentralized investing, lending, and crypto services that aren\'t tethered to centralized financial institutions. That expansion could drive more companies and consumers to adopt Ether as a mainstream digital currency.\nEther, like Bitcoin, is a volatile asset that could easily lose half its value before it doubles again. Therefore, investors shouldn\'t use any cash they need over the next five to 10 years to buy Ether. That said, Ether could still generate massive long-term gains for investors who can stomach all the near-term volatility.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nLeo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n4 Reasons to Buy Ethereum Like There\'s No Tomorrowwas originally published by The Motley Fool', "It would take you more than a few minutes to find an asset that has produced a better return in the past five years thanBitcoin(CRYPTO: BTC). During that stretch, the world's most valuable cryptocurrency has soared 1,000%. For comparison's sake, the tech-heavyNasdaq-100indexclimbed 128% in that time.\nBitcoinhas been on a fantastic run in the past year and a half in particular. But things are cooling down, as it sits 13% off its peak price (as of the morning of May 5). Investors are probably viewing this as a potential buying opportunity.\nIf we look out over the next five years, where could Bitcoin be?\nI think Bitcoin's key value proposition is that it is a scarce asset. There will only ever be 21 million coins in circulation, with a scheduled inflation rate that hasn't been tampered with yet in Bitcoin's roughly 15-year history. As demand for a fixed asset rises, so does the price.\nThis is in stark contrast to Bitcoin's main competitor, fiat currencies. Thanks to irresponsible fiscal and monetary policies, especially in the U.S., these currencies are constantly losing their purchasing power. Bitcoin's structure seeks a more controlled solution.\nAnother factor pushing up Bitcoin's price is the advent of a more robust financial services infrastructure. The latest development in this regard was theapproval of spot ETF productsin January. So far, these have been wildly successful at driving capital inflows to Bitcoin. Plus, the decision by the Securities and Exchange Commission to approve the ETFs can be viewed as a regulatory stamp of approval.\nThere are many businesses, ranging from Wall Street banks all the way down to scrappy start-ups, all working on different Bitcoin-related products and services. Therefore, it's easy to believe that this asset will find its way into more portfolios over time.\nI'm fairly confident that five years from now, Bitcoin's price can be double what it is today. If history is any indication, though, this might prove to be a very conservative outlook.\nAfter learning about some of Bitcoin's characteristics, it's hard not to become bullish. This is a special asset worth owning. And I do believe it has significant upside over the long term. However, investors need to also be mindful of any risks.\nThe top risk factor is that the U.S. government bans Bitcoin within its borders, essentially making it illegal to own or mine the crypto. This would basically leave out a massive pool of capital, resulting in weaker demand for Bitcoin. But as Bitcoin's value continues to rise, and more of the wealthy and political class starts to own it, the possibility of a full-on ban diminishes.\nAnother risk we can't ignore is more technical in nature. Perhaps an approved upgrade to the Bitcoin blockchain creates a software bug that exposes everyone's private keys, rendering the network worthless. Or progress toward quantum computing allows Bitcoin's cryptography to be cracked, again undermining the network's security.\nBut to help alleviate these potential threats, it's best to realize that Bitcoin nodes won't approve any updates that they think could wreak havoc. And when it comes to quantum computing, there's a high probability that Bitcoin's developers will create a way to bolster the network's security.\nOnce you understand these risks, you can set more realistic expectations. While I don't believe Bitcoin's return over the next five years will resemble the past five years, it's definitely worth taking a closer look at this cryptocurrency for your own portfolio. Just remember to maintain a long-term mentality and be prepared for the inevitable ups and downs.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", "It would take you more than a few minutes to find an asset that has produced a better return in the past five years thanBitcoin(CRYPTO: BTC). During that stretch, the world's most valuable cryptocurrency has soared 1,000%. For comparison's sake, the tech-heavyNasdaq-100indexclimbed 128% in that time.\nBitcoinhas been on a fantastic run in the past year and a half in particular. But things are cooling down, as it sits 13% off its peak price (as of the morning of May 5). Investors are probably viewing this as a potential buying opportunity.\nIf we look out over the next five years, where could Bitcoin be?\nI think Bitcoin's key value proposition is that it is a scarce asset. There will only ever be 21 million coins in circulation, with a scheduled inflation rate that hasn't been tampered with yet in Bitcoin's roughly 15-year history. As demand for a fixed asset rises, so does the price.\nThis is in stark contrast to Bitcoin's main competitor, fiat currencies. Thanks to irresponsible fiscal and monetary policies, especially in the U.S., these currencies are constantly losing their purchasing power. Bitcoin's structure seeks a more controlled solution.\nAnother factor pushing up Bitcoin's price is the advent of a more robust financial services infrastructure. The latest development in this regard was theapproval of spot ETF productsin January. So far, these have been wildly successful at driving capital inflows to Bitcoin. Plus, the decision by the Securities and Exchange Commission to approve the ETFs can be viewed as a regulatory stamp of approval.\nThere are many businesses, ranging from Wall Street banks all the way down to scrappy start-ups, all working on different Bitcoin-related products and services. Therefore, it's easy to believe that this asset will find its way into more portfolios over time.\nI'm fairly confident that five years from now, Bitcoin's price can be double what it is today. If history is any indication, though, this might prove to be a very conservative outlook.\nAfter learning about some of Bitcoin's characteristics, it's hard not to become bullish. This is a special asset worth owning. And I do believe it has significant upside over the long term. However, investors need to also be mindful of any risks.\nThe top risk factor is that the U.S. government bans Bitcoin within its borders, essentially making it illegal to own or mine the crypto. This would basically leave out a massive pool of capital, resulting in weaker demand for Bitcoin. But as Bitcoin's value continues to rise, and more of the wealthy and political class starts to own it, the possibility of a full-on ban diminishes.\nAnother risk we can't ignore is more technical in nature. Perhaps an approved upgrade to the Bitcoin blockchain creates a software bug that exposes everyone's private keys, rendering the network worthless. Or progress toward quantum computing allows Bitcoin's cryptography to be cracked, again undermining the network's security.\nBut to help alleviate these potential threats, it's best to realize that Bitcoin nodes won't approve any updates that they think could wreak havoc. And when it comes to quantum computing, there's a high probability that Bitcoin's developers will create a way to bolster the network's security.\nOnce you understand these risks, you can set more realistic expectations. While I don't believe Bitcoin's return over the next five years will resemble the past five years, it's definitely worth taking a closer look at this cryptocurrency for your own portfolio. Just remember to maintain a long-term mentality and be prepared for the inevitable ups and downs.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nWhere Will Bitcoin Be in 5 Years?was originally published by The Motley Fool", 'Wall Street analysts set price targets for where they think a stock can go in the next year or so. A high price target can be a good indicator of a growth stock with a lot of potential. But investors should be careful not to assume a stock is a sure thing just because it has a lot of projected upside. In some cases, a stock may only appear to have significant upside because it has fallen sharply of late.\nThree stocks that have bullish consensus price targets implying upside of 30% or better areMicroStrategy(NASDAQ: MSTR),Rivian Automotive(NASDAQ: RIVN), andWarner Bros. Discovery(NASDAQ: WBD). Let\'s take a closer look at these stocks to see whether they are indeed good buys, or if some downgrades could be coming.\nMicroStrategy is an intriguing company because its operations center around analytics and helping companies with business intelligence decisions. For the most part, this hasn\'t been a rapidly growing business. During the first three months of this year, revenue totaled $115.2 million, down 5% from the prior-year period. It also incurred a hefty operating loss of $203.7 million.\nThe reason for this result was a digital asset impairment loss totaling $191.6 million. The company is incredibly bullish onBitcoin, and in the first line of the company\'s earnings release, MicroStrategy highlighted that it was "the largest corporate holder of bitcoin." It even reported that as of the end of the quarter, it had 214,400 bitcoins.\nMicroStrategy is a volatile stock that seems to be trying to get some of the excitement around Bitcoin behind its business as well -- and it has worked as the stock has more than doubled since January. Its fundamentals, however, don\'t look great. The company struggles with profitability, and it carries a lot of exposure toBitcoin.\nThis stock looks to be overdue for some downgrades, and investors should take heed.\nElectric vehicle maker Rivian Automotive is poised to rise by more than 90% if you believe Wall Street analysts as they have a consensus price target of nearly $20.\nRivian has been struggling right along with rivalTeslathis year as rising competition from China and concerns about demand amid challenging economic conditions have investors worried about the future of theseEV makers. Rivian is a far riskier stock than Tesla as it is less established and it isn\'t profitable.\nIts shares have plummeted more than 56% this year (Tesla is down by 26%). That decline is likely a key reason why Rivian\'s stock looks like it possesses a lot of upside now. At the start of the year, the stock was trading at more than $20; analysts likely weren\'t expecting such a sharp and quick sell-off.\nIt\'ll be a tough road ahead for Rivian\'s stock, though. The company is nowhere near profitability, normally incurring quarterly losses of well over $1 billion. And with Rivian reducing the prices on its vehicles, the outlook for the stock doesn\'t look any better right now.\nThis is a risky stock to be holding. Investors shouldn\'t assume this one will rise higher, as more downgrades could be around the corner for Rivian.\nMedia company Warner Bros. Discovery has also been struggling, with its shares falling 30% this year. Like the other stocks on this list, Warner Bros. hasn\'t been in great shape, normally incurring losses.\nThe company has been working on growing its subscriber base for HBO Max and Discovery+, but its goals appear underwhelming. By 2025, it hopes to have 130 million subscribers, which is less than half of the roughly 270 million subscribers that Netflix currently has. A potential catalyst on the horizon this year is the planned launch of a sports streaming service which will involve Warner Bros. Discovery,Fox, and ESPN (whichWalt Disneyowns).\nLast year, the company generated some good growth with revenue of $41.3 billion rising by 22% year over year. And its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) earnings rose by 32% to $10.2 billion.\nWarner Bros. Discovery is a bit of a risky stock, but it\'s the best buy on this list. With some excellent brands in its portfolio, there\'s a lot to like about its future prospects. While I don\'t think it will rise as much as 70% in the next year or so, investors who are willing to take a chance on the stock could generate some good returns.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Tesla, Walt Disney, and Warner Bros. Discovery. The Motley Fool has adisclosure policy.\n3 Stocks That Can Soar By At Least 30%, According to Wall Street. Are The Analysts Right?was originally published by The Motley Fool', 'Now that theBitcoin(CRYPTO: BTC)halving hype is in the rearview mirror and an array of spot Bitcoin exchange-traded funds (ETFs) is available, it\'s a good time for investors to ask, "What\'s next?" The prospect of earning seven figures byHODL-ing(crypto lingo for holding) Bitcoin sounds enticing when the price is rising, but choppy consolidation periods can dim one\'s enthusiasm.\nYet the boring periods can offer opportunities. After all, the millionaire mindset isn\'t about chasing rallies and following crowds. They key to crypto prosperity is, as the old saying goes, puttingtime inthe market rather thantimingthe market.\nMaking $1 million with Bitcoin will, first and foremost, require a substantial investment. Even if you expect Bitcoin to go from today\'s price of $63,000 to $630,000, you\'d need a $100,000 investment to make your way to $1 million (and the IRS will surely demand a piece of that, by the way).\nSo, don\'t get caught up in get-rich-quick fantasies -- and don\'t put too much stock in commentators\' predictions. Sure, analysts as Bernstein expect Bitcoin to hit $150,000 by 2025 and Ark Invest Chief Executive Officer Cathie Wood said it will reach $3.8 million by 2030, but these forecasts are a dime a dozen, and a dozen of them might not even be worth that dime.\nAlso, don\'t conclude from the Securities and Exchange Commission\'s (SEC) approval of spot Bitcoin ETFs that the regulatory war is won. Even the staunchest bulls shouldn\'t forget that the SEC is suing Binance andRobinhood Marketsfor their crypto activities, with the regulator\'s latest warning hinting at a potential enforcement action.\nPerhaps the market\'s realization that the regulatory war isn\'t over yet is among the reasons Bitcoin is directionless now. This shouldn\'t be a problem, however, if you\'re a long-term Bitcoin bull and haven\'t made the mistake of pouring all of your investable capital into Bitcoin. Now that Bitcoin has pulled back from its record high of $73,000, investors can lower their cost basis by buying on the dips and capitalizing on quiet periods.\nBernstein analysts cited various reasons for their bullish stance on Bitcoin. They observed robust inflows into spot Bitcoin ETFs, noted corporate interest in Bitcoin, and suggested that there\'s "continued discipline in the Bitcoin mining cycle" due to thehalvingevents, which reduced the reward miners receive by half.\nFair enough, but there\'s an 800-pound gorilla that could have a greater impact than all of those factors. Bitcoin is among the riskiest of risk-on assets, and just a word or phrase from Federal Reserve Chairman Jerome Powell can cause risk-on assets to sink or soar.\nCurrently, the phrase that pays is "it\'s unlikely," as in: "I think it\'s unlikely that the next policy rate move will be a hike. I\'d say it\'s unlikely." That\'s Powell\'s response to a question about the probability of an interest rate raise in the next Federal Open Market Committee meeting, which is scheduled for June.\nThat, along with the Labor Department\'s surprisingly weak April jobs growth numbers, lends credence to the idea that the economy is slowing, inflation will cool, and government-bond yields won\'t be higher for longer. If the dollar softens in response to a more accommodative Fed, that would provide a significant tailwind to Bitcoin.\nOr at least, that\'s the assumption. Theory and practice are frequently at odds in the financial markets, and assumptions of future interest policy trajectory can be harmful to one\'s financial well-being.\nIt\'s perfectly fine, then, to be agnostic about the future and resist the temptation to time the cryptocurrency markets. At the same time, being agnostic doesn\'t mean being uninformed. Central bank policy shifts will be impactful for years to come, and HODL-ing doesn\'t preclude paying attention to the relevant facts and circumstances.\nAlong with staying informed, being patient will be necessary in the journey to crypto-millionaire status. Consider it a marathon and not a sprint, with pit stops along the way as Bitcoin\'s dips and boring phases allow opportunities for research, reflection, and small crypto-stake additions.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire Maker?was originally published by The Motley Fool', 'Now that theBitcoin(CRYPTO: BTC)halving hype is in the rearview mirror and an array of spot Bitcoin exchange-traded funds (ETFs) is available, it\'s a good time for investors to ask, "What\'s next?" The prospect of earning seven figures byHODL-ing(crypto lingo for holding) Bitcoin sounds enticing when the price is rising, but choppy consolidation periods can dim one\'s enthusiasm.\nYet the boring periods can offer opportunities. After all, the millionaire mindset isn\'t about chasing rallies and following crowds. They key to crypto prosperity is, as the old saying goes, puttingtime inthe market rather thantimingthe market.\nMaking $1 million with Bitcoin will, first and foremost, require a substantial investment. Even if you expect Bitcoin to go from today\'s price of $63,000 to $630,000, you\'d need a $100,000 investment to make your way to $1 million (and the IRS will surely demand a piece of that, by the way).\nSo, don\'t get caught up in get-rich-quick fantasies -- and don\'t put too much stock in commentators\' predictions. Sure, analysts as Bernstein expect Bitcoin to hit $150,000 by 2025 and Ark Invest Chief Executive Officer Cathie Wood said it will reach $3.8 million by 2030, but these forecasts are a dime a dozen, and a dozen of them might not even be worth that dime.\nAlso, don\'t conclude from the Securities and Exchange Commission\'s (SEC) approval of spot Bitcoin ETFs that the regulatory war is won. Even the staunchest bulls shouldn\'t forget that the SEC is suing Binance andRobinhood Marketsfor their crypto activities, with the regulator\'s latest warning hinting at a potential enforcement action.\nPerhaps the market\'s realization that the regulatory war isn\'t over yet is among the reasons Bitcoin is directionless now. This shouldn\'t be a problem, however, if you\'re a long-term Bitcoin bull and haven\'t made the mistake of pouring all of your investable capital into Bitcoin. Now that Bitcoin has pulled back from its record high of $73,000, investors can lower their cost basis by buying on the dips and capitalizing on quiet periods.\nBernstein analysts cited various reasons for their bullish stance on Bitcoin. They observed robust inflows into spot Bitcoin ETFs, noted corporate interest in Bitcoin, and suggested that there\'s "continued discipline in the Bitcoin mining cycle" due to thehalvingevents, which reduced the reward miners receive by half.\nFair enough, but there\'s an 800-pound gorilla that could have a greater impact than all of those factors. Bitcoin is among the riskiest of risk-on assets, and just a word or phrase from Federal Reserve Chairman Jerome Powell can cause risk-on assets to sink or soar.\nCurrently, the phrase that pays is "it\'s unlikely," as in: "I think it\'s unlikely that the next policy rate move will be a hike. I\'d say it\'s unlikely." That\'s Powell\'s response to a question about the probability of an interest rate raise in the next Federal Open Market Committee meeting, which is scheduled for June.\nThat, along with the Labor Department\'s surprisingly weak April jobs growth numbers, lends credence to the idea that the economy is slowing, inflation will cool, and government-bond yields won\'t be higher for longer. If the dollar softens in response to a more accommodative Fed, that would provide a significant tailwind to Bitcoin.\nOr at least, that\'s the assumption. Theory and practice are frequently at odds in the financial markets, and assumptions of future interest policy trajectory can be harmful to one\'s financial well-being.\nIt\'s perfectly fine, then, to be agnostic about the future and resist the temptation to time the cryptocurrency markets. At the same time, being agnostic doesn\'t mean being uninformed. Central bank policy shifts will be impactful for years to come, and HODL-ing doesn\'t preclude paying attention to the relevant facts and circumstances.\nAlong with staying informed, being patient will be necessary in the journey to crypto-millionaire status. Consider it a marathon and not a sprint, with pit stops along the way as Bitcoin\'s dips and boring phases allow opportunities for research, reflection, and small crypto-stake additions.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nDavid Moadelhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire Maker?was originally published by The Motley Fool', "Bitcoin(CRYPTO: BTC)is gaining widespread acceptance as an asset that will be around for a while, but it can still be intimidating for many investors. It's easy to see why that's the case, as everyone has heard tales of investors losing everything with cryptocurrency investments.\nBut huge losses are not a foregone conclusion, and with a very simple trick, you'll even be able to avoid one of the most serious mistakes that people tend to make with Bitcoin. Let's dive in.\nTo start, let's look at a couple of snapshots of Bitcoin's price action to see where it might be possible to mess up your investment, starting with the one-month view.\nAs you can see, if you bought the coin at the start of last month, you have lost more than 10% of your investment during the past 30 days. If this were to happen in your retirement account with a stock right after you bought it, it would probably cause consternation. The potential outcome is clear: This one's headed straight to zero. Your more risk-averse friends and relatives would be cautioning you or even pleading with you that it's better to get out now, with most of your money, while your losses aren't so serious.\nBut wait. A small dip in the coin's price is far from a death knell, and selling could actually be a serious mistake. Inability to tolerate temporary losses could therefore lead to missing out on much larger gains. Let's zoom out and take a six-month view:\nHere, there is still a risk of making the same mistake of selling prematurely.\nThis time, however, the rationale from anxious onlookers and perhaps from your own brain typically look a bit different. After such a rapid run-up in the coin's price, so the proponents of selling will say, there'ssimply no waythat its bull run could continue. Besides, Bitcoin is a bubble, and it will go to zero someday, so it's better to get out now, with a tidy profit,beforeyou ultimately lose most of your money.\nThe fact that a bull run is ongoing is not evidence that the bull run will promptly end, though it is true that eventually it probably will. Furthermore, the fact that all bull runs end is not evidence that the price of a security will fall to a lower level than you purchased it at. Cutting your gains too early could ultimately be as destructive to your portfolio's growth as cutting your losses too soon.\nNow let's peek at the 10-year period:\nStudy this chart. Where would you be the most tempted to buy or sell your Bitcoin?\nBe honest. If you are like most investors, the temptation to sell would hit you the most intensely during the sharp downward slopes after the peaks of the price, when your investment is rapidly losing value. The exact opposite situation is when you'd be the most inclined to buy, precisely when the price is peaking, and immediately before it starts to fall.\nOne more question: Where on the chart would it be themost optimalto buy or sell? It's obvious that the correct move would be to buy during the lows, and sell during the highs. Take a closer look at roughly how much time elapses between the troughs and the peaks.\nHerein lies the origins of the biggest challenge with investing in Bitcoin, or any other volatile cryptocurrency. With perfect timing, you'd need to hold onto your coins for a couple of years for the investment to work out optimally. Most investors simply aren't patient enough to make this basic strategy work. Others are overwhelmed by their panic during downturns such that they sell before their patience can reward them.\nHave no fear. There is an easy remedy.\nFor most people, it is not possible to time the market, or Bitcoin. Remember, you don't get to see the 10-year chart for the coin'sfutureperformance on the day when you sit down to make your investment. You only get to see what happened in the past. That means relying on patience is all the more important, as is usingdollar-cost averaging (DCAing)rather than bulk purchasing of coins.\nBut that isn't even the trick, it's just a tool that helps you mitigate the impact of daily price fluctuations on your investment's total value.\nTo avoid selling your shares too early, before hitting theprice targetoutlined in your investing plan, the most important trick is to simply not look at your Bitcoin or crypto investment every day.\nLooking at the price of Bitcoin does not change it. Looking at the value of your investment does not help it to gain value, or recover lost value. Stressing about your investment also does nothing positive -- but it can erode your patience, and cause you to make the serious mistake of selling before it's the right time.\nSetup your DCA plan with your brokerage, then close the browser window. Find some distractions, preferably enjoyable ones that can occupy you for months or years on end. Check back once in a great while, and if you haven't yet hit the price target you specified, try checking again much later. Out of sight is out of mind, and thus out of opportunities to falter.\nBitcoin is an investment to hold for the long term. Don't trade in and out, and don't be afraid to game your own psychology to build the patience you need to profit. When in doubt, zoom the chart out, take a peek at the trend, and log off.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Silly Trick That'll Help You Avoid 1 Serious Mistake When Buying Bitcoinwas originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)is gaining widespread acceptance as an asset that will be around for a while, but it can still be intimidating for many investors. It's easy to see why that's the case, as everyone has heard tales of investors losing everything with cryptocurrency investments.\nBut huge losses are not a foregone conclusion, and with a very simple trick, you'll even be able to avoid one of the most serious mistakes that people tend to make with Bitcoin. Let's dive in.\nTo start, let's look at a couple of snapshots of Bitcoin's price action to see where it might be possible to mess up your investment, starting with the one-month view.\nAs you can see, if you bought the coin at the start of last month, you have lost more than 10% of your investment during the past 30 days. If this were to happen in your retirement account with a stock right after you bought it, it would probably cause consternation. The potential outcome is clear: This one's headed straight to zero. Your more risk-averse friends and relatives would be cautioning you or even pleading with you that it's better to get out now, with most of your money, while your losses aren't so serious.\nBut wait. A small dip in the coin's price is far from a death knell, and selling could actually be a serious mistake. Inability to tolerate temporary losses could therefore lead to missing out on much larger gains. Let's zoom out and take a six-month view:\nHere, there is still a risk of making the same mistake of selling prematurely.\nThis time, however, the rationale from anxious onlookers and perhaps from your own brain typically look a bit different. After such a rapid run-up in the coin's price, so the proponents of selling will say, there'ssimply no waythat its bull run could continue. Besides, Bitcoin is a bubble, and it will go to zero someday, so it's better to get out now, with a tidy profit,beforeyou ultimately lose most of your money.\nThe fact that a bull run is ongoing is not evidence that the bull run will promptly end, though it is true that eventually it probably will. Furthermore, the fact that all bull runs end is not evidence that the price of a security will fall to a lower level than you purchased it at. Cutting your gains too early could ultimately be as destructive to your portfolio's growth as cutting your losses too soon.\nNow let's peek at the 10-year period:\nStudy this chart. Where would you be the most tempted to buy or sell your Bitcoin?\nBe honest. If you are like most investors, the temptation to sell would hit you the most intensely during the sharp downward slopes after the peaks of the price, when your investment is rapidly losing value. The exact opposite situation is when you'd be the most inclined to buy, precisely when the price is peaking, and immediately before it starts to fall.\nOne more question: Where on the chart would it be themost optimalto buy or sell? It's obvious that the correct move would be to buy during the lows, and sell during the highs. Take a closer look at roughly how much time elapses between the troughs and the peaks.\nHerein lies the origins of the biggest challenge with investing in Bitcoin, or any other volatile cryptocurrency. With perfect timing, you'd need to hold onto your coins for a couple of years for the investment to work out optimally. Most investors simply aren't patient enough to make this basic strategy work. Others are overwhelmed by their panic during downturns such that they sell before their patience can reward them.\nHave no fear. There is an easy remedy.\nFor most people, it is not possible to time the market, or Bitcoin. Remember, you don't get to see the 10-year chart for the coin'sfutureperformance on the day when you sit down to make your investment. You only get to see what happened in the past. That means relying on patience is all the more important, as is usingdollar-cost averaging (DCAing)rather than bulk purchasing of coins.\nBut that isn't even the trick, it's just a tool that helps you mitigate the impact of daily price fluctuations on your investment's total value.\nTo avoid selling your shares too early, before hitting theprice targetoutlined in your investing plan, the most important trick is to simply not look at your Bitcoin or crypto investment every day.\nLooking at the price of Bitcoin does not change it. Looking at the value of your investment does not help it to gain value, or recover lost value. Stressing about your investment also does nothing positive -- but it can erode your patience, and cause you to make the serious mistake of selling before it's the right time.\nSetup your DCA plan with your brokerage, then close the browser window. Find some distractions, preferably enjoyable ones that can occupy you for months or years on end. Check back once in a great while, and if you haven't yet hit the price target you specified, try checking again much later. Out of sight is out of mind, and thus out of opportunities to falter.\nBitcoin is an investment to hold for the long term. Don't trade in and out, and don't be afraid to game your own psychology to build the patience you need to profit. When in doubt, zoom the chart out, take a peek at the trend, and log off.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Silly Trick That'll Help You Avoid 1 Serious Mistake When Buying Bitcoinwas originally published by The Motley Fool", "Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Q1 2024 Earnings Call Transcript May 10, 2024\nCalumet Specialty Products Partners, L.P. beats earnings expectations. Reported EPS is $-0.61, expectations were $-0.74. Calumet Specialty Products Partners, L.P. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).\nOperator:Good morning everyone and welcome to the Calumet Specialty Products Partners LP First Quarter 2024 Results Conference Call. [Operator Instructions] Please also note, today's event is being recorded. At this time, I'd like to turn the floor over to John Kompa, Investor Relations for Calumet. Sir, please go ahead.\nJohn Kompa:Good morning. Thank you, Jamie and thank you for joining us today for our first quarter 2024 e Last 60 Days of Bitcoin's Closing Prices: [73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-12 Financial & Commodity Data: - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,208,953,376,400 - Hash Rate: 545599184.5546882 - Transaction Count: 557164.0 - Unique Addresses: 377543.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Current Bitcoin Mining Operations Annual Run Rate of Approximately $82 Million LAS VEGAS, April 03, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), mined approximately 105 Bitcoin in March 2024. Of this total, approximately 53 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 52 Bitcoin from mining machines hosted with Core Scientific, Inc. The March mining operations represent a current Bitcoin mining operations annual run rate of approximately $82 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $65,000 per coin. William B. Horne, Chief Executive Officer of Ault Alliance, stated, "Sentinum has recently installed the first Antbox mining container at one of its Montana sites. Over the coming weeks and months, Sentinum will slowly move and install miners at its Montana facility to take advantage of the low power cost and make space for the build out of its Michigan facility into an artificial intelligence data center. We continue to be pleased with the progress that Sentinum is making and are excited for the future opportunities presented to us for the Michigan facility." Ault Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company also notes the upcoming halving of Bitcoin and with that, the halving of the block reward for miners. The Company makes no prediction on the price of Bitcoin prior to or after the upcoming halving but is prepared to adjust its mining operations accordingly. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20240403420180/en/ Contacts Ault Alliance Investor Contact:[email protected] 1-888-753-2235... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', "The Runes protocol, known for enabling the creation of fungible tokens on theBitcoinblockchain, has experienced a significant decrease in activity since its initial week of trading. On May 10th, a noticeable decline in activity was observed, with fewer new mints and new wallets interacting with the protocol compared to previous periods.\nAccordingto data from Dune analytics, the protocol's fee revenue has been steadily declining. While Runes still generates hundreds of thousands of dollars daily in fees on the Bitcoin blockchain, the total fees have only surpassed $1 million on two occasions within the past twelve days, indicating a notable downward trend. The launch of the Runes protocol occurred three weeks ago on April 19, coinciding with the most recent Bitcoin halving event. This debut sparked excitement among investors, leading to a surge in transaction fees and record-breaking earnings for Bitcoin miners, who generated over $135 million in fees during the first week alone.\nHowever, Runes-related transactions, which initially dominated the Bitcoin network, have gradually dwindled since April 24. On April 23, Runes accounted for the majority of transactions, reaching 81.3% of the total, while Bitcoin transactions dropped to 18.15%, with Ordinals and BRC-20 transactions at 0.1% each.\nFollowing this decline, Runes transactions continued to decrease until May 2. However, starting from May 3, Runes began to show signs of recovery. On May 4 and 5, Runes managed to regain a transaction share above 60%. The rise in transaction fees was initially welcomed by the mining community, compensating for their reduced earnings after the Bitcoin halving. However, total revenue for Bitcoin miners dropped to under $30 million per day in May.", "The Runes protocol, known for enabling the creation of fungible tokens on theBitcoinblockchain, has experienced a significant decrease in activity since its initial week of trading. On May 10th, a noticeable decline in activity was observed, with fewer new mints and new wallets interacting with the protocol compared to previous periods.\nAccordingto data from Dune analytics, the protocol's fee revenue has been steadily declining. While Runes still generates hundreds of thousands of dollars daily in fees on the Bitcoin blockchain, the total fees have only surpassed $1 million on two occasions within the past twelve days, indicating a notable downward trend. The launch of the Runes protocol occurred three weeks ago on April 19, coinciding with the most recent Bitcoin halving event. This debut sparked excitement among investors, leading to a surge in transaction fees and record-breaking earnings for Bitcoin miners, who generated over $135 million in fees during the first week alone.\nHowever, Runes-related transactions, which initially dominated the Bitcoin network, have gradually dwindled since April 24. On April 23, Runes accounted for the majority of transactions, reaching 81.3% of the total, while Bitcoin transactions dropped to 18.15%, with Ordinals and BRC-20 transactions at 0.1% each.\nFollowing this decline, Runes transactions continued to decrease until May 2. However, starting from May 3, Runes began to show signs of recovery. On May 4 and 5, Runes managed to regain a transaction share above 60%. The rise in transaction fees was initially welcomed by the mining community, compensating for their reduced earnings after the Bitcoin halving. However, total revenue for Bitcoin miners dropped to under $30 million per day in May.", "Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry, according to market analyst Ruslan Lienkha. Lienkha explained that this open interest concentration aligns with Bitcoin's all-time high. In mid-March, bitcoin reached a peak value of over $73,000.\nOptions are derivative contracts that grant traders the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. Call options provide the right to buy, while put options offer the right to sell. It is generally assumed that traders who purchase call options are bullish on the market, while put buyers are bearish.\nLienkha highlighted the significant domination of call options in the open interest, suggesting that many option traders anticipate bitcoin surpassing its previous all-time high by the end of June. This observation is consistent with data from the Deribit derivatives exchange, which also shows a concentration of calls at a strike price of $75,000 for the end-of-June expiry.\nDespite expectations of a price surge, Lienkha predicts that the bitcoin price will likely consolidate around its current levels in the coming weeks. This suggests a potential period of relatively stable trading in the short term. At the time of writing,Bitcoin (BTC)is trading at $61,212, experiencing a slight increase of over 0.54% in the past 24 hours.", "Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry, according to market analyst Ruslan Lienkha. Lienkha explained that this open interest concentration aligns with Bitcoin's all-time high. In mid-March, bitcoin reached a peak value of over $73,000.\nOptions are derivative contracts that grant traders the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. Call options provide the right to buy, while put options offer the right to sell. It is generally assumed that traders who purchase call options are bullish on the market, while put buyers are bearish.\nLienkha highlighted the significant domination of call options in the open interest, suggesting that many option traders anticipate bitcoin surpassing its previous all-time high by the end of June. This observation is consistent with data from the Deribit derivatives exchange, which also shows a concentration of calls at a strike price of $75,000 for the end-of-June expiry.\nDespite expectations of a price surge, Lienkha predicts that the bitcoin price will likely consolidate around its current levels in the coming weeks. This suggests a potential period of relatively stable trading in the short term. At the time of writing,Bitcoin (BTC)is trading at $61,212, experiencing a slight increase of over 0.54% in the past 24 hours.", 'CryptoPunks dominated the non-fungible token (NFT) market with a US$1.39 million daily sales volume on May 12, according to CryptoSlam data.\nMost of those sales came from CryptoPunk 741, which sold for almost US$800,000 at the Larva Labs marketplace. The NFT’s last on-chain sale occurred seven years ago, for US$400.\nCryptoPunk 741 is now the eighth-highest-valued CryptoPunk in the collection.\nThe second-ranking collection for the day was DMarket, which operates on Mythos Chain, a blockchain specialized for Web3 gaming applications. Dmarket had US$945,383 in daily sales, the third consecutive day above the US$900,000 mark.\nSunday’s sales total follows a monthly high of over US$970,000 on Friday.\nDMarket’s all-time sales volume now stands at US$427.16 million.\nNodeMonkes, the all-time leader among Bitcoin collections, claimed the third spot with sales of US$565,277, a decrease from the previous day’s US$1.21 million.\nOutside the top three in the NFT market, Pudgy Penguins saw a daily sales volume of US$473,136, and $CORE BRC-20 NFTs, recorded US$450,912.\nSolana Monkey Business, on the Solana blockchain, reported sales of US$429,598 for the day’s sixth spot, followed by $LTC+ BRC-20 NFTs, Mad Lads, and $π BRC-20 NFTs.\nSunday’s sales pushed the Ethereum blockchain, home to the CryptoPunks collection, to the top of the blockchain rankings for NFT sales.\nThe network reported a total sales volume of US$5.24 million on Sunday, a 25.6% increase from US$4.17 million the previous day.\nThe Bitcoin blockchain trailed behind with US$5.08 million in daily sales, as Solana posted US$2.67 million.', '• BTC has been sliding since reaching an all-time high in March.\n• Friday\'s quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said.\n• The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said.\nCrypto markets are stuck in a lull with digital assets consolidating for the last few weeks, testing investors conviction whether the bull market will resume.\nAll attempts for a sustained rally over the past weeks have been sold off, thelatest instancecoming Friday with bitcoin {{BTC}} tumbling nearly 5% from $63,000 to just above $60,000 amiddiscouraging inflation expectationsand hawkish commentary from Federal Reserve policymakers.\nBlockchain activity also points to low participation, withtransactionson the Bitcoin network falling off a cliff and second-largest ether {{ETH}} turning inflationary.\nWe have been here before.\nThe current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.\n"Bitcoin is in the \'bore you to death\' phase," Charles Edwards, founder of crypto hedge fund Capriole Investment said in anX post Thursday.\nThis period of consolidation could last for anywhere between one to six months, he explained, during which BTC will be rangebound with low volatility until market participants lose their patience. The sentiment will be the most negative just before the consolidation ends, he added.\n"When you are sufficiently bored from sideways chop, common symptoms will include thinking the halving is priced in, the bull market is over and selling to buy stocks at the bottom," Edwards said. "Your symptoms and shorts will peak just before the mega rally."\nSaid bottom might be near, according to analytics firm Santiment.\n"Traders are showing weak \'buy the dip\' interest in bitcoin\'s latest retrace," SantimentsaidFriday monitoring social media interactions. "Generally, the crowd\'s lack of faith is a strong sign of prices being close to a bottom."\nBitfinex analysts noted in a Friday report that bitcoin\'s recent weakness happened amid a surging U.S. dollar with interest rate cut expectations tempered, and said the lull could continue into early summer.\n"We expect the market to remain uncertain over the short-term in a low volatility environment till the actual tapering of QT [quantitative tightening] takes place in June." The Federal Reserve announced plans to curb the pace of its balance sheet run-off starting next month, which would impact dollar liquidity positively benefitting risky assets such as cryptocurrencies that are sensitive to the global liquidity environment.\nHowever, the greenback\'s tumble from a six-month peak last week following the Fed meeting and weak jobs report – coinciding with BTC to rebound from near $56,000 – was a turning point in the trend, and a weaker dollar could support the next leg in the crypto rally.\n"We believe sustained strength and a reclaim of range lows on BTC post-FOMC and job market data and the simultaneous weakness in the dollar is a sign of a new regime, which would set us up for a very bullish Q3-Q4 for bitcoin," the authors said.', '• BTC has been sliding since reaching an all-time high in March.\n• Friday\'s quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said.\n• The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said.\nCrypto markets are stuck in a lull with digital assets consolidating for the last few weeks, testing investors conviction whether the bull market will resume.\nAll attempts for a sustained rally over the past weeks have been sold off, thelatest instancecoming Friday with bitcoin {{BTC}} tumbling nearly 5% from $63,000 to just above $60,000 amiddiscouraging inflation expectationsand hawkish commentary from Federal Reserve policymakers.\nBlockchain activity also points to low participation, withtransactionson the Bitcoin network falling off a cliff and second-largest ether {{ETH}} turning inflationary.\nWe have been here before.\nThe current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.\n"Bitcoin is in the \'bore you to death\' phase," Charles Edwards, founder of crypto hedge fund Capriole Investment said in anX post Thursday.\nThis period of consolidation could last for anywhere between one to six months, he explained, during which BTC will be rangebound with low volatility until market participants lose their patience. The sentiment will be the most negative just before the consolidation ends, he added.\n"When you are sufficiently bored from sideways chop, common symptoms will include thinking the halving is priced in, the bull market is over and selling to buy stocks at the bottom," Edwards said. "Your symptoms and shorts will peak just before the mega rally."\nSaid bottom might be near, according to analytics firm Santiment.\n"Traders are showing weak \'buy the dip\' interest in bitcoin\'s latest retrace," SantimentsaidFriday monitoring social media interactions. "Generally, the crowd\'s lack of faith is a strong sign of prices being close to a bottom."\nBitfinex analysts noted in a Friday report that bitcoin\'s recent weakness happened amid a surging U.S. dollar with interest rate cut expectations tempered, and said the lull could continue into early summer.\n"We expect the market to remain uncertain over the short-term in a low volatility environment till the actual tapering of QT [quantitative tightening] takes place in June." The Federal Reserve announced plans to curb the pace of its balance sheet run-off starting next month, which would impact dollar liquidity positively benefitting risky assets such as cryptocurrencies that are sensitive to the global liquidity environment.\nHowever, the greenback\'s tumble from a six-month peak last week following the Fed meeting and weak jobs report – coinciding with BTC to rebound from near $56,000 – was a turning point in the trend, and a weaker dollar could support the next leg in the crypto rally.\n"We believe sustained strength and a reclaim of range lows on BTC post-FOMC and job market data and the simultaneous weakness in the dollar is a sign of a new regime, which would set us up for a very bullish Q3-Q4 for bitcoin," the authors said.', 'Chinese e-commerce firm Alibaba will report its quarterly earnings on Tuesday, with investors keen to see how a company that acts as a barometer for the mood of consumers in the world\'s second-largest economy performed.\nFor the March quarter this year, analysts, on average, expect the company to earn $1.41 per share on revenue of $30.42bn (£24.28bn). This compares to the last year’s $1.50 per share and $29.15bn.\nAlibaba’s Taobao online shopping and Tmall B2C online retail platforms may have seen a strong sequential increase in gross merchandise value.\nRead more:FTSE 100 LIVE: European stocks mixed as UK business output and wages rise\nThe platform has lowered costs as Chinese consumers seek discounts and lower-cost shopping but analysts are concerned this risks hitting margins.\nIt is also facing increasing competition from low-cost platforms, such as PDD Holding\'s (PDD) Pinduoduo and ByteDance-owned Douyin,Reutersreported.\nBitcoin is struggling to gain momentum as the globalcryptocurrencymarket cap decreased by 1.1% to approximately $2.23tn overnight\nThe cryptocurrency was trading at around $62,504 on Monday and struggled to make any significant gains after it surged on the back of the approval of US exchange-traded funds (ETFs).\nRead more:Stocks that are trending today\nDespite the slump, crypto investors were surprised by news that two Bitcoin wallets holding a combined 1,000 Bitcoin — worth $61m at current prices — have suddenly awoken after a 10-year hiatus, with the owners withdrawing almost all the funds available.\nNearly 1.8 million Bitcoin addresses have remained dormant for over a decade, according to a recent analysis by Chainalysis and Fortune.\nSoftBank made a quarterly profit of 231.1bn yen (£1.2bn) as the Japanese tech conglomerate benefitted from a boom in valuations driven by the AI hype.\nThe Tokyo-based company reported a second straight quarter of profitability in a result which was well ahead of analyst estimates, compared to a loss of 57.6bn yen (£295m) in the first three months of last year.\nIn February, chief financial officer Yoshimitsu Goto said the company was on a return to a "growth trajectory".\nThe Vision Fund investment unit booked an investment loss of 96.7 billion yen, missing estimates for a profit of 185.1 billion yen.\nRead more:Real UK wages rise as output per worker falls\nIn recent months, SoftBank has stepped up investments in AI-related hardware, taking controlling stakes in some cases. The Japanese investment firm is in talks to acquire British semiconductor startup Graphcore,Bloombergreported.\nSoftBank Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported.\nDistribution group Diploma surged to the top of the FTSE 100 (^FTSE) after takeovers of US companies helped it report double digit revenue growth.\nAdjusted pre-tax profit came in at £115.2m in the six months to 31 March, while revenue jumped 10% to £638.3m.\nThe specialist distribution business lifted annual guidance after a 17% rise in adjusted earnings. It now expects constant currency revenue growth of around 16%, up five percentage points from previous guidance.\nThe company acquired US-based Peerless Aerospace Fastener for £236m during the period, which it said would extend its strength in aerospace specialty fasteners. It also bought UK-based Plastic and Rubber Group for £38m.\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Chinese e-commerce firm Alibaba will report its quarterly earnings on Tuesday, with investors keen to see how a company that acts as a barometer for the mood of consumers in the world\'s second-largest economy performed.\nFor the March quarter this year, analysts, on average, expect the company to earn $1.41 per share on revenue of $30.42bn (£24.28bn). This compares to the last year’s $1.50 per share and $29.15bn.\nAlibaba’s Taobao online shopping and Tmall B2C online retail platforms may have seen a strong sequential increase in gross merchandise value.\nRead more:FTSE 100 LIVE: European stocks mixed as UK business output and wages rise\nThe platform has lowered costs as Chinese consumers seek discounts and lower-cost shopping but analysts are concerned this risks hitting margins.\nIt is also facing increasing competition from low-cost platforms, such as PDD Holding\'s (PDD) Pinduoduo and ByteDance-owned Douyin,Reutersreported.\nBitcoin is struggling to gain momentum as the globalcryptocurrencymarket cap decreased by 1.1% to approximately $2.23tn overnight\nThe cryptocurrency was trading at around $62,504 on Monday and struggled to make any significant gains after it surged on the back of the approval of US exchange-traded funds (ETFs).\nRead more:Stocks that are trending today\nDespite the slump, crypto investors were surprised by news that two Bitcoin wallets holding a combined 1,000 Bitcoin — worth $61m at current prices — have suddenly awoken after a 10-year hiatus, with the owners withdrawing almost all the funds available.\nNearly 1.8 million Bitcoin addresses have remained dormant for over a decade, according to a recent analysis by Chainalysis and Fortune.\nSoftBank made a quarterly profit of 231.1bn yen (£1.2bn) as the Japanese tech conglomerate benefitted from a boom in valuations driven by the AI hype.\nThe Tokyo-based company reported a second straight quarter of profitability in a result which was well ahead of analyst estimates, compared to a loss of 57.6bn yen (£295m) in the first three months of last year.\nIn February, chief financial officer Yoshimitsu Goto said the company was on a return to a "growth trajectory".\nThe Vision Fund investment unit booked an investment loss of 96.7 billion yen, missing estimates for a profit of 185.1 billion yen.\nRead more:Real UK wages rise as output per worker falls\nIn recent months, SoftBank has stepped up investments in AI-related hardware, taking controlling stakes in some cases. The Japanese investment firm is in talks to acquire British semiconductor startup Graphcore,Bloombergreported.\nSoftBank Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported.\nDistribution group Diploma surged to the top of the FTSE 100 (^FTSE) after takeovers of US companies helped it report double digit revenue growth.\nAdjusted pre-tax profit came in at £115.2m in the six months to 31 March, while revenue jumped 10% to £638.3m.\nThe specialist distribution business lifted annual guidance after a 17% rise in adjusted earnings. It now expects constant currency revenue growth of around 16%, up five percentage points from previous guidance.\nThe company acquired US-based Peerless Aerospace Fastener for £236m during the period, which it said would extend its strength in aerospace specialty fasteners. It also bought UK-based Plastic and Rubber Group for £38m.\nDownload the Yahoo Finance app, available forAppleandAndroid.', "I have been very critical ofRobinhood Markets(NASDAQ: HOOD)during the last couple of years, which wasn't necessarily controversial given that its stock suffered a peak-to-trough collapse of 91% from its all-time high. The online brokerage platform was consistently losing active users, and its transaction revenue seemed to be in perpetual decline as a result.\nHowever, Robinhood's fortunes have changed in 2024. A rising stock market has brought users back into the fold, and they are actively transacting, which is driving the company's revenue higher.\nThe fastest-growing part of Robinhood's business right now, though, is the cryptocurrency segment, where revenue more than tripled year over year during the recent first quarter of 2024 (ended March 31). Robinhood stock has soared 30% in 2024 so far, but here's why it could be poised to go higher.\nRobinhood's monthly active users (MAU) peaked at 21.3 million during the second quarter of 2021. It declined in almost every quarter since then, bottoming at 10.3 million near the end of 2023. It was the primary reason I was bearish on the company's prospects. Simply put, generating sustainable revenue growth will be extremely difficult if the number of users to monetize continues to shrink.\nHowever, Robinhood's MAU has turned higher since that low point, and the metric currently stands at 13.7 million. The company also had a record-high 23.9 million in total funded customer accounts at the end of the first quarter, and the value of the assets held within them soared 65% year over year to $130 billion.\nThe latter figure was helped by rising stock andcryptocurrencyprices. The major U.S. stock market indexes each hit a record high in 2024, and so has leading cryptocurrencyBitcoin.\nRobinhood's customers also deposited $11.2 billion in new funds during the quarter. The platform earns fees through a practice called payment for order flow, which involves forwarding customer orders to third-partymarket makersfor fulfillment. Sending a $10,000 stock or cryptocurrency order earns Robinhood a higher fee compared to a $5,000 order, so its assets under custody is a very important indicator of its potential to earn revenue.\nRobinhood generated a record $618 million in revenue during Q1, 40% more than the year-ago period. But the real story is beneath the surface of the headline number.\nTransaction revenue jumped 59% to $329 million, which is important because this is earned through the company's brokerage operations. There was a positive contribution from all asset classes (equity, options, and crypto), but crypto was the standout performer, with revenue soaring by 232%:\nThis was a welcome change from 2023, when Robinhood's total revenue was mostly driven higher by interest income instead. The company has $4.7 billion in cash and equivalents on its balance sheet, plus it's holding $4.5 billion on behalf of customers, so the rapid rise in interest rates during the past couple of years increased the amount it was earning by storing that money in banks.\nRobinhood also earns interest on its credit card product and its margin lending activities. Overall, the company generated $254 million in total interest revenue during Q1, which was a 22% increase year over year. That number could shrink in the coming year if the U.S. Federal Reserve cuts interest rates as expected, which makes the resurgence in Robinhood's transaction revenue even more important.\nFinally, Robinhood continues to build on its progress on the bottom line. The company's operating costs fell 52% during Q1, and since revenue grew so quickly, that led to $157 million in GAAP (generally accepted accounting principles) net income -- a huge swing from the $511 million netlossfrom the year-ago period.\nMost of the decline in operating costs was attributable to the cancellation of Robinhood's founders award, which granted stock to the company's founding team. That led to a $536 million reduction in stock-based compensation expense during Q1.\nTo Robinhood's credit, it wasn't deterred by its crumbling stock price post-2021. The company continued to innovate and expand its product portfolio, and those initiatives are starting to bear fruit.\nFor example, it introduced a retirement offering in January 2023, and it already has more than 650,000 customers on board. During Q1, Robinhood's assets under custody for the retirement segment topped $4 billion, which was a 14-fold increase from its launch a year earlier. Many of Robinhood's customers are young, first-time investors, so it could yield a powerful long-term revenue stream if it can convince them to stick around for their decades-long journey to retirement.\nRobinhood is currently valued at almost $15 billion. Based on its trailing 12-month revenue of $2 billion, its stock trades at a price to sales (P/S) ratio of about 7.6. That's down substantially from its peak, which was set during 2021, because the company's revenue has grown along with its decline in stock price:\nI have previously made the argument that Robinhood's shrinking user base and stagnant revenue warranted a low P/S ratio. However, now that the top line has returned to growth -- led by a significant acceleration in transaction revenue -- it makes sense for the stock's P/S ratio to tick higher.\nTherefore, there could be more upside ahead for Robinhood investors.\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAnthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Cryptocurrency Stock Up 30% in 2024 That Could Keep Soaringwas originally published by The Motley Fool", 'LONDON,May 13, 2024/PRNewswire/ --BSV DevConis inviting blockchain enthusiasts, professionals, entrepreneurs, and innovators for a day of insightful sessions, hands-on workshops, and networking opportunities. Set to take place onMay 20that the London ExCel, this event will provide a platform for learning and collaboration in the ever-evolving world of blockchain technology.\nDevCon is designed to empower innovators and give attendees the tools to build on chain, inspire new ideas and drive advancement in technology by utilising the blockchain. The event will serve as a catalyst for innovation, enabling attendees to expand their knowledge and contribute to the technological future.\nKey themes include:\n• Hands-on Workshops – Participants will engage in interactive workshops that offer practical tools and applications of blockchain technology.\n• Expert insights – Learn from industry leaders who will share their experiences and insights for developers to build on chain.\n• Networking – Connect and build a new developer community from a diversity of backgrounds, helping attendees foster new partnerships and collaborations.\nThomas Giacomo, Director of Utilisation at BSV Blockchain,said,"BSV DevCon is set to redefine blockchain innovation. Our mission is to inspire developers and innovators to explore new horizons in technology, providing them with the knowledge and tools necessary to build the future and unlock the full potential of blockchain applications."\nWho should attend:\n• Developers looking to future proof their development and applications.\n• C-Suite of businesses who are seeking to understand the benefits of blockchain, and how it can help future proof their business.\n• Blockchain developers who are building across different blockchains who wish to learn about BSV blockchain\'s unique technology and toolkits.\nXiaohui Lui, Founder and CEO, sCrypt,said, "At BSV DevCon, we believe in the power of practical learning and real-world applications. This event is designed to elevate the understanding of blockchain technology to new heights, offering hands on experience and insights from industry experts."\nDevCon is a steppingstone for anyone aiming to play a significant role in the future of blockchain. Whether you are looking to enhance your technical skills, gain industry insights, or meet like-minded professionals, BSV DevCon is the place to be.\nFor more information about BSV DevCon and to register visit thewebsite.\nContact Details:[email protected]\nAbout BSV Blockchain:\nOne Blockchain for Everyone.\nThe BSV Blockchain leads the BSV Blockchain for Enterprise and Government initiatives. ThisSwitzerland-based global non-profit industry organisation supports the use of the BSV blockchain.\nThe BSV Blockchain oversees open-source programs and educates enterprises, government agencies, start-up ventures, developers, and users on creating a global blockchain ecosystem. The originalBitcoinprotocol and its scripting language provide powerful technical capabilities that BSV has restored.\nAbout theLondonBlockchainConference\nNETWORK. LEARN. ENGAGE.\nAt the\xa0London\xa0Blockchain\xa0Conference, we show how\xa0Blockchain\xa0will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this\xa0by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our\xa0conference\xa0is\xa0the best avenue to see\xa0blockchain\xa0innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from\xa0blockchain\xa0leaders. Join us and experience it for yourself.\nView original content:https://www.prnewswire.com/news-releases/empowering-innovators-and-building-the-future-of-blockchain-with-bsv-devcon-2024-302143367.html\nSOURCE BSV Blockchain', "Whether you're investing in serious cryptocurrency assets likeBitcoin(CRYPTO: BTC)orSolana,(CRYPTO: SOL)or silly meme coins likeDogwifhat(CRYPTO: WIF), you'll need to be ready for the standard set of risks. Volatility, macroeconomic issues, cybersecurity threats, and other pitfalls are guaranteed over a long enough period, and most investors are at least somewhat familiar with the consequences because they've experienced them before.\nThere are, however, a set of cryptocurrency risks that are less common, but potentially even more deadly for your portfolio. Let's explore three of them so that you'll know what to look out for and how you might be able to fortify yourself ahead of time.\nInvestors who are accustomed to trading stocks are used to being able to execute their trades whenever they want, as long as the market is open.\nWhen they want to buy or sell shares, their brokerage and the stock exchange communicate automatically, and the chances of their order getting lost in the works is close to nil, even during times when tens or hundreds of thousands of other investors across the market are trying to execute trades of their own. With cryptocurrencies, this unimpeded flow of orders into executions is not at all guaranteed.\nMost recently, before its network upgrade last month, Solana's chain was so congested that more than 75% of transactions failed for days on end. In other words, nobody could buy or sell any coins on the chain, nor could they transfer anything to or from anywhere. It is unfortunately a reality that many investors were thus trapped in positions that they would have preferred to sell or to add to at the opportune moment.\nThe best way to defend against the impacts of such congestion is to avoid short-term tactics that are better described asday tradingrather than investing. If you plan to hold onto your coins for several years, the threat of not being able to transact very effectively for a few days or even weeks becomes a whole lot less scary, because your primary recourse will simply be to wait a bit longer, which you were planning on doing anyway.\nMany investors think of cryptocurrencies like Bitcoin as hedges against problems in the traditional financial system and the economy at large.\nThat makes sense -- with a problem likemonetary inflation, which can make assets like cash less appealing over time, as opposed to Bitcoin with its fixed supply ceiling and immunity to currency debasement. So in theory, holding both Bitcoin and cash diversifies a portfolio such that the total value is more resilient to one of the biggest risks that could damage one of the assets inside of it.\nThe trouble is that Bitcoin's price is nonetheless correlated with many other assets, including with major stock market indexes. Check out this chart comparing Bitcoin to theInvesco QQQ Trust, an ETF that tracks theNasdaq-100, as shown here:\nAs you can see, during the past three years, the Nasdaq and Bitcoin have tended to move together.\nFor reference, a correlation coefficient of this magnitude is considered very strong, which is to say that the two components move roughly in tandem rather than in their own separate rhythms. Therefore holding the index and holding Bitcoin in the same portfolio probably does not result in enough diversification to protect the portfolio's overall value in the event of a downturn.\nBeware: Many cryptocurrencies exhibit correlations with stocks and other more mainstream investments, as well as with macroeconomic trends and consumer confidence levels and so on.\nDon't wait until there is a big problem for multiple investments you hold to diversify. Do your best to hypothesize about how and why any crypto investments you're considering buying might have their value connected to other assets, indexes, or metrics, and be sure to hedge your purchase with something that's confirmed to be totally unrelated and uncorrelated.\nWhen you decide to buy or sell a stock with a small market cap, as an independent investor working with an amount of money that's typical for a retirement account there is not much reason to worry about the functionality of the transaction itself, as discussed earlier.\nEven if you are deciding to liquidate your holdings after a big gain, your sale will almost certainly not affect the price of the stock by a perceptible amount. In short, you're simply not moving enough capital around for it to matter, as there are almost always many different buyers and sellers looking to transact.\nBut with cryptocurrencies, especially the smaller ones, there is absolutely no guarantee that your large buy or sell order can be absorbed by the market.\nFor example, if you bought Dogwifhat when its market cap was closer to $10 million than near $3 billion, where it is now, you would probably have struggled to close your position after a large gain. The value you would be trying to convert into dollars would represent a fairly large proportion of the value of the other orders.\nIn such a situation, your order will experience tremendous slippage, and you will only recoup a small portion of the value that you are trying to realize. If you're not familiar with the concept of slippage, it's basically what happens when you are trying to transact with such a large volume relative to the value of orders outstanding that you end up driving the price of the asset either up or down, thereby (potentially dramatically) reducing your returns.\nThere are two solutions to avoid this risk.\nFirst, don't invest in cryptocurrencies with very small market caps because it's essentially gambling, and most of them will go to zero anyway.\nSecond, rather than entering or exiting your investments all at once, try dollar-cost averaging (DCAing). If you transact with much smaller chunks, you'll guard yourself against some of the pain of the volatility in short-term price movements, and you'll also be totally immune to significant losses stemming from slippage too.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 6, 2024\nAlex Carchidihas positions in Bitcoin, Solana, and WIF. The Motley Fool has positions in and recommends Bitcoin and Solana. The Motley Fool has adisclosure policy.\n3 Potentially Brutal Cryptocurrency Risks That Most Investors Simply Aren't Ready Forwas originally published by The Motley Fool", 'Since its launch in July 2015,Ethereum(CRYPTO: ETH)has skyrocketed in price from just $0.31 to $3,000 today. That\'s a nearly 10,000-fold return on your investment! If you had invested just a few hundred dollars in Ethereum a decade ago, you\'d likely be a millionaire today.\nBut does Ethereum still have the power to make you a millionaire? While it\'s hard to argue with Ethereum\'s historical track record, things get a bit dicier Last 60 Days of Bitcoin's Closing Prices: [71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-13 Financial & Commodity Data: - Gold Closing Price: $2336.10 - Crude Oil Closing Price: $79.12 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,239,488,784,375 - Hash Rate: 607599091.8904481 - Transaction Count: 554780.0 - Unique Addresses: 466123.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Now that the much-anticipatedBitcoin(CRYPTO: BTC)halving is in the books, all eyes are focused on the future price of Bitcoin. And they should be given the past historical track record of halving events leading to massive bull market rallies for Bitcoin. But don't ignore what's happening with theBitcoin miners. The halving has a significant impact on their business models given that it cuts their mining rewards in half. To make up that shortfall, they are going to have to explore new options, and one that everyone is talking about right now isartificial intelligence. So just how big is this AI opportunity for Bitcoin miners? The shift from Bitcoin mining to AI computing might seem like a giant leap, but it's really not. Bitcoin miners already use a tremendous amount of computing power to solve the cryptographic puzzles required to mine Bitcoin. After the halving, they will attempt to shift some of that computing power to higher-margin AI computing. According to billionaire Mark Cuban, these miners really have no other choice. The halving will significantly reduce revenue per block, pushing miners to reconsider their business models as profits shrink. With the cost per Bitcoin effectively increasing -- due to operational expenses remaining constant while rewards drop -- miners might find current operations less viable. These financial pressures could drive miners to explore alternative business opportunities to maintain profitability. And if they fail to adapt, they could go out of business. One way to adapt to the new reality is by making the move to AI computing. Given that industry analysts have been talking about the potential impact of the halving on the Bitcoin mining industry for months now, it is perhaps no surprise that a growing number of smaller Bitcoin miners are already exploring the potential shift to AI. Three companies --Hive Digital Technologies(NASDAQ: HIVE),Hut 8 Corp.(NASDAQ: HUT), andBit Digital Inc.(NASDAQ: BTBT)-- already have AI computing operations up and running. And others, such asTerawulf Inc.(NASDAQ: WULF)andCore Scientific(NASDAQ: CORZ), are planning to add new AI computing capacity. The only problem, of course, is that shifting from Bitcoin computing to AI computing involves more than just pressing a button or flipping a switch. There are some types of older Bitcoin computing equipment that simply can't be repurposed for AI, which requires high-end GPU computing power. Moreover, some types of renewable energy used by Bitcoin miners aren't very suitable for AI computing with strict uptime requirements, so they might be forced to move operations elsewhere. And the barrier to entry is much higher for AI computing than it is for Bitcoin mining, especially when it comes to the overall infrastructure needed to provide high-end computing power to clients. That's why, for now, we're not seeing much of an impact when it comes to Bitcoin miners and AI computing. Hive Digital underwent a much-touted "AI rebrand" last year but still only gets about 3% of its revenue from AI computing right now. In its most recent quarter, Hive Digital reported $30 million in overall revenue, with about $1 million coming from AI-related computing. The key variable moving forward is the price of Bitcoin. According to CoinShares, the break-even production cost for Bitcoin miners post-halving is $53,000 per coin. So if Bitcoin -- currently trading at around $57,000 -- ever drops below that level, then Bitcoin miners might have to abandon Bitcoin entirely and shift everything they've got into AI or other forms of high-performance computing. But if the price of Bitcoin soars over the next year, as many analysts now expect, miners may be able to muddle through this part of the Bitcoin halving cycle without making major changes to their operations. So that's why the price of Bitcoin matters so much. It will fundamentally impact how miners respond to the potential market opportunity in AI. Going forward, I'm adding a number of smaller, under-the-radar Bitcoin mining stocks to my watchlist. These include both Hive Digital Technologies and Hut 8, which appear to be at the forefront of the new AI computing trend. The next time they report earnings, I'll be taking a much closer look at their overall revenue mix as well as any changes they are making to their Bitcoin mining fleets. But for now, I'm not ready to invest in Bitcoin miners at a time when the halving has the potential to lead to an industrywide shakeout. Before you buy stock in Hive Digital Technologies, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Hive Digital Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002. See the 10 stocks » Stock Advisor returns as of April 30, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks were mixed on Monday, with the Nasdaq higher while the Dow ended its 8-day win streak.\n• Investors are bracing for the release of two inflation data points this week: PPI and CPI.\n• The inflation data will help inform investors when the Fed might cut interest rates.\nUS stocks were mixed on Monday, with theNasdaq 100higher while the Dow declined slightly, ending its 8-day win streak.\nNot evena short-squeeze in meme stockscould help propel theDow Jones Industrial Averageto a ninth straight day of gains.\nThe mixed trading occurred on a rather busy day for markets, with shares ofGameStopandAMC Entertainmentroaring back with intra-day gains of more than 100% after Keith Gill returned to social media.\nMeanwhile, investorsare bracing for a busy week of economic updates,with a slew of economic data points set to be released in the coming days.\nOn the inflation front, the producer price index and the consumer price index will be released on Tuesday and Wednesday, respectively. The inflation data will help investors determine when the Federal Reserve might cut interest rates.\nInvestors expect Core PPI to rise 0.2% in April, compared to the 0.2% gains in March. And for Core CPI, investors expect the index to rise 0.3% in April, compared to the 0.4% gain in March.\nFed Chairman Jerome Powell will speak on Tuesday, and April retail sales data will be released Wednesday, both of which could move markets.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,221.42, down 0.02%\n• Dow Jones Industrial Average:39,431.51 down 0.21% (-81.33 points)\n• Nasdaq composite:16,388.24, up 0.29%\nHere\'s what else is going on today:\n• From a 65% stock market crash to an imminent recession,here\'s a roundup of all the bearish forecasts on Wall Street.\n• It\'s not just Wall Street pros that expect a stock market crash.Meet the retail doomsayers waiting for the economy to crumble.\n• The return of Roaring Kitty on social media has led to GameStop stock soaring more than 50%in Monday morning trades.\n• A flood of crypto meme tokens hit the market after Keith Gill\'s return to social media,with some printing 1,000%+ gains.\n• Tesla stock will plunge 70% after its robotaxi and AI ambitions fall flat,according to "Big Short" investor Danny Moses.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.20% to $79.20 a barrel.Brent crude, the international benchmark, rose 0.81% to $83.46 a barrel.\n• Goldedged lower by 1.32% to $2,343.70 per ounce.\n• The 10-year Treasury yield fell 1 basis points to 4.49%.\n• Bitcoinjumped 2.66% to $63,092.\nRead the original article onBusiness Insider', "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market saw a drop to $8 billion last week from an average of $17 billion in April. However, cumulative trading volume for U.S. spot Bitcoin ETFs surpassed $250 billion since their launch on January 11, reaching a total of $254 billion last week.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market saw a drop to $8 billion last week from an average of $17 billion in April. However, cumulative trading volume for U.S. spot Bitcoin ETFs surpassed $250 billion since their launch on January 11, reaching a total of $254 billion last week.", 'Q1 2024 Earnings Highlights:\n• Revenue, gains, and other income increased by 216% YoY\n• Over 4x YoY increase in adjusted EBITDA\n• Total comprehensive income increased by over 11x YoY\n14thMay 2024 \| SAINT HELIER, Jersey \| CoinShares International Limited (“CoinShares\'\' or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF),the leading European investment company specialising in digital assets, has today published itsresultsfor the quarter ending 31stMarch 2024.\nJean-Marie Mognetti, Chief Executive Officer ofCoinSharessaid:\n"Q1 2024 stands out as our strongest quarter ever, marking a period of unprecedented strength and profitability for CoinShares. This quarter reflects not only our robust financial performance but also highlights our enhanced strategic growth capabilities, exemplified by the successful acquisition of Valkyrie\'s ETF business in March 2024. This pivotal move has allowed us to expand our operations across the Atlantic, further solidifying our presence in the global market.\nAt CoinShares, we have consistently equipped ourselves to realise our ambitions while maintaining a steadfast focus on our financial outcomes, which remain central to our strategy. These financial results underscore the Group\'s significant advancement since 2021, reflecting our continuous commitment to growth and excellence in our operations.”\nQ1 2024 financial highlights\n• Q1 revenue, gains and other income of£43.9 million(Q1 2023: £13.9 million)\n• Q1 adjusted EBITDA of£34.2 million(Q1 2023: £7.0 million)\n• Total comprehensive income for Q1 2024 of£34.1 million(Q1 2023: £2.9 million)\nQ1 2024 operational highlights\n• Valkyrie:In March 2024, CoinShares successfully completed the acquisition of Valkyrie\'s ETF business, significantly enhancing its global market presence and operational footprint across the Atlantic.\n• Asset Management:The Asset Management division saw strong inflows, particularly from CoinShares Physical, which notably contributed to the platform\'s performance, with CoinShares Physical\'s assets under management becoming a substantial part of the Group’s total AUM; additionally, XBT Provider maintained a solid asset base, benefitting from the uplift in the cryptocurrency market.\n• Capital Markets & Hedge Fund Solutions:The Capital Markets & Hedge Fund Solutions division delivered robust top-line performance, bolstered by vibrant market activity and gains from staking and trading, thriving particularly after the launch of the US Spot Bitcoin ETFs.\n• Dividend:The Board of Directors approved a new dividend policy for the fiscal year 2023, committing to an annual dividend of 20% to 40% of the Group\'s total comprehensive income, with the initial payment disbursed on May 3rd and three more scheduled throughout the year.\nThe performance for Q1 marks the Group’s strongest quarter ever. Full details of the Q1 results, inclusive of financial information on each of the Group’s business units, are included within the full report, availablehere.\nENDS\nABOUT COINSHARES\nCoinShares is the leading European investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.\nFor more information on CoinShares, please visit:https://coinshares.comCompany\| +44 (0)1534 513 100 \| [email protected] Relations\| +44 (0)1534 513 100 \| [email protected]\nThis information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out below, at 7:00 am CET on 14thMay 2024.\nPRESS CONTACT\nCoinSharesBenoît [email protected]\nM Group Strategic CommunicationsPeter [email protected]\nAttachment\n• coinshares_report_q1_24', 'OrdinalsBot, founded last year, confirms more than $4M in inscriptions for Q1, over 200K individuals on the platform, and 80% of the ten largest files inscribed on Bitcoin Blockchain\nMusicians including French Montana and Ghostface Killah have recently inscribed music on bitcoin using OrdinalsBot\nMAHE, Seychelles, May 14, 2024--(BUSINESS WIRE)--OrdinalsBot, the leading provider of API solutions for building out the data layer of the BTC blockchain, has kicked off the year with several key announcements and growth numbers. In just the last 3 months, OrdinalsBot, which simplifies the process of minting and managing Bitcoin inscriptions, BRC-20 tokens, Runes and other bitcoin protocols, has also collaborated with industry leaders, including Marathon Digital Holdings (NASDAQ: MARA), Xverse, Leather, ALEX, Oyl, Mintlayer, Atomiq DeFi, Sulu, and TeleportDAO.\nOrdinalsBot is behind 80% of the ten largest files ever inscribed on the Bitcoin blockchain, and the team recently set the new record for the top spot by inscribing Logos’ manifesto. This is now the largest-ever Bitcoin block, exceeding 3.969 MB.\nSuccessful collaborations with top artists, musicians and BRC-20 projects have resulted in over $4M in revenue for Q1 with a long pipeline of partnerships and launches in Q2. New collaborations will drive further growth and allow builders, creators, and collectors to more easily create and mint fungible and non-fungible tokens, Ordinals and Runes on the bitcoin blockchain.\n"With Ordinals, we’re proving that Bitcoin is not just about finance—it is also a platform to create and store music, art, and all of the data necessary for identity, business settlement, and ownership," shared Toby Lewis, Co-Founder of OrdinalsBot. "With all the hype around bitcoin price and bitcoin ETFs, few realize the services and utility of bitcoin is becoming more interesting and scalable every day. We’re thrilled to work with creators to bring more awareness and creativity into the space and expand Bitcoin’s vision."\nOrdinalsBot Data & Milestones:\n• Over 200K individuals using the platform\n• OrdinalsBot has also collaborated with cultural icons, inscribing unique musical Ordinals for rap legends French Montana and Ghostface Killah of Wu Tang Clan\n• Inscribed:80% of the top 10 largest files ever on Bitcoin. This includes projects from Inscribed Pepes, Runestones by Leonidas, sovrn.art, and Ordz Games.Inscribed 3 of the top 20 Ordinals collections in the top 20 by market cap (Runestone, Prometheans by CyberKongz, Pizza Ninjas)More than 150K Ordinals from the top 100 Ordinals collections by market cap\n• Provided backend support to Magic Eden’s inscription services\n• Enabled the launch of the $ORDI BRC-20 token, the first meme coin on BRC-20, created by the founder of BRC-20 protocol (@Domo).\n• Launching theRunes Launchpad\n• $TRIO utility token launched on the BRC-20 protocol on April 12, 2024 and is now traded on Gate.io and MEXC\n"We’re bitcoin and tech enthusiasts who want to turbocharge bitcoin by making it accessible to all—and we’re just getting started," said Brian Laughlan, Co-Founder at OrdinalsBot. "Ordinals has shown its utility within the industry and we’re thrilled to play a role in its success."\nLior Messika, Founder of Eden Block and Novel Labs: "OrdinalsBot’s unparalleled support helped us do things with our Mutant Hounds ordinals collection that have never been done before. Their team consistently goes above and beyond, pushing the boundaries of what’s possible in the ordinals ecosystem."\nThese announcements come on the heels of OrdinalsBot’s recent oversubscribed $3M+fundinground and their token ($TRIO) launch. Investors include DACM, Eden Block, Kestrel0x, Kenetic Capital, Sora Ventures, Nural Capital, WWVentures, Lightning Ventures, and others.\n$TRIO is a utility token for use within the OrdinalsBot ecosystem only, not an investment product. $TRIO is not available to U.S. persons. Please seeordinalsbot.comfor more information.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240509837121/en/\nContacts\nFor press enquiries, please contact:[email protected]', 'OrdinalsBot, founded last year, confirms more than $4M in inscriptions for Q1, over 200K individuals on the platform, and 80% of the ten largest files inscribed on Bitcoin Blockchain\nMusicians including French Montana and Ghostface Killah have recently inscribed music on bitcoin using OrdinalsBot\nMAHE, Seychelles, May 14, 2024--(BUSINESS WIRE)--OrdinalsBot, the leading provider of API solutions for building out the data layer of the BTC blockchain, has kicked off the year with several key announcements and growth numbers. In just the last 3 months, OrdinalsBot, which simplifies the process of minting and managing Bitcoin inscriptions, BRC-20 tokens, Runes and other bitcoin protocols, has also collaborated with industry leaders, including Marathon Digital Holdings (NASDAQ: MARA), Xverse, Leather, ALEX, Oyl, Mintlayer, Atomiq DeFi, Sulu, and TeleportDAO.\nOrdinalsBot is behind 80% of the ten largest files ever inscribed on the Bitcoin blockchain, and the team recently set the new record for the top spot by inscribing Logos’ manifesto. This is now the largest-ever Bitcoin block, exceeding 3.969 MB.\nSuccessful collaborations with top artists, musicians and BRC-20 projects have resulted in over $4M in revenue for Q1 with a long pipeline of partnerships and launches in Q2. New collaborations will drive further growth and allow builders, creators, and collectors to more easily create and mint fungible and non-fungible tokens, Ordinals and Runes on the bitcoin blockchain.\n"With Ordinals, we’re proving that Bitcoin is not just about finance—it is also a platform to create and store music, art, and all of the data necessary for identity, business settlement, and ownership," shared Toby Lewis, Co-Founder of OrdinalsBot. "With all the hype around bitcoin price and bitcoin ETFs, few realize the services and utility of bitcoin is becoming more interesting and scalable every day. We’re thrilled to work with creators to bring more awareness and creativity into the space and expand Bitcoin’s vision."\nOrdinalsBot Data & Milestones:\n• Over 200K individuals using the platform\n• OrdinalsBot has also collaborated with cultural icons, inscribing unique musical Ordinals for rap legends French Montana and Ghostface Killah of Wu Tang Clan\n• Inscribed:80% of the top 10 largest files ever on Bitcoin. This includes projects from Inscribed Pepes, Runestones by Leonidas, sovrn.art, and Ordz Games.Inscribed 3 of the top 20 Ordinals collections in the top 20 by market cap (Runestone, Prometheans by CyberKongz, Pizza Ninjas)More than 150K Ordinals from the top 100 Ordinals collections by market cap\n• Provided backend support to Magic Eden’s inscription services\n• Enabled the launch of the $ORDI BRC-20 token, the first meme coin on BRC-20, created by the founder of BRC-20 protocol (@Domo).\n• Launching theRunes Launchpad\n• $TRIO utility token launched on the BRC-20 protocol on April 12, 2024 and is now traded on Gate.io and MEXC\n"We’re bitcoin and tech enthusiasts who want to turbocharge bitcoin by making it accessible to all—and we’re just getting started," said Brian Laughlan, Co-Founder at OrdinalsBot. "Ordinals has shown its utility within the industry and we’re thrilled to play a role in its success."\nLior Messika, Founder of Eden Block and Novel Labs: "OrdinalsBot’s unparalleled support helped us do things with our Mutant Hounds ordinals collection that have never been done before. Their team consistently goes above and beyond, pushing the boundaries of what’s possible in the ordinals ecosystem."\nThese announcements come on the heels of OrdinalsBot’s recent oversubscribed $3M+fundinground and their token ($TRIO) launch. Investors include DACM, Eden Block, Kestrel0x, Kenetic Capital, Sora Ventures, Nural Capital, WWVentures, Lightning Ventures, and others.\n$TRIO is a utility token for use within the OrdinalsBot ecosystem only, not an investment product. $TRIO is not available to U.S. persons. Please seeordinalsbot.comfor more information.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240509837121/en/\nContacts\nFor press enquiries, please contact:[email protected]', '• Coinbase is back online after battling a major outage that began at 4:15 AM UTC.\n• The exchange said some users may still experience failures when sending crypto or withdrawing fiat.\nCrypto exchange Coinbase (COIN) is back online after a three-hour outage that began at 4:15 AM UTC.\nThe exchange returned to use at 07:42 UTC, according toits status page. Website visitors had received a "503 Service Temporarily Unavailable" message beforehand.\nThe exchange noted the outagein a post on X,saying it was investigating the issue and working on a solution. “Your funds are safe,” it posted. A spokesperson for Coinbase said that company didn’t have anything to add.\nAccording to the status page, some users may still experience failures when sending crypto or withdrawing fiat, marking the service as degraded.\nCoinbase shares are down 1.7% in pre-market trading. The price of bitcoin {{BTC}} appears to be unaffected by the issue, and is trading around $61,900,according to CoinDesk Indices data, down less than 1% in 24 hours.\nUPDATE (May 14, 08:17 UTC):Updates with return to service, Coinbase shares.', '• The Bitcoin Runes protocol experienced a significant decrease in activity and fee revenue after its initial surge after the Bitcoin halving.\n• Runes takes the Ordinals protocol a step further by making transactions cheaper and faster, but has failed to maintain meaningful traction among users.\n• Despite the initial excitement, the protocol\'s momentum has slowed, and its impact on the Bitcoin ecosystem remains to be seen.\nActivity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite astellar start last month.\nRunes takes theOrdinals protocola step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nThemuch-hyped Runeswent live after Bitcoin’s fourth halving on April 20. Datatracked on Dune Analyticsshows that in its first 10 days the protocol racked up more than 85,000 token issuances and generated over $3 million in fees.\nIn the past two weeks, however, all the metrics – including fees, new Runes and user activity – have dropped more than 50%. Only some 5,000 new Runes have been issued since May 1, generating just under $100,000 in fees.\nAt its peak, Runes led transactions and fees in the broader Bitcoin ecosystem, accounting for as much as 80% of all network activity. Now it\'s 20%. Worth noting, however, is that the downturn came amid a general market decline marked by falling bitcoin {{BTC}} prices and slow growth in alternative tokens, which may have contributed to a drop in sentiment for novel technology.\nRunes generated massive interest on social platform X before its launch with creator Casey Rodamoraiming to make it a protocolripe for meme coin trading and “degen” traders. Some industry participants expected the protocol to mirror theflourishing meme coin ecosystemon blockchains such as Solana and Base – likely fueling interest and bets on little-known memes.\nPUPS, a Runes token, emerged as a big play and surged from under $10 million capitalization to over $150 million in under a week,gaining support from several noted traderssuch as BitMEX founder Arthur Hayes.\nSeveral NFT collections and tokens were launchedon Ordinals, and even on Ethereum, before the protocol\'s introduction – each aiming to transfer over and become the biggest compilation after the launch. Such activity made Bitcoin-based NFTs top other collections on the usual leaders Ethereum and Solana, with tens of millions exchanging hands in an otherwise scant market fornon-fungible tokens.\nSome skeptics say that while Runes may serve as a way to build the Bitcoin ecosystem, there’s still work to be done.\n"The success of the Bitcoin L2 project based on OP_Return is doubtful as UTXO based blockchain network is fundamentally different from smart contract based network," Ho Chan Chung, head of marketing at CryptoQuant, told CoinDesk in a Telegram message. "The current notion of Bitcoin narrative as a digital currency combined, and the difference in the blockchain network fundamental are the two big hurdles that Bitcoin L2 projects need to overcome."\n"Lightning network was able to prove it. However, Ordinals, BRC-20, and Runes all seemed to fail at winning the narrative for now." Chung added.', '• The Bitcoin Runes protocol experienced a significant decrease in activity and fee revenue after its initial surge after the Bitcoin halving.\n• Runes takes the Ordinals protocol a step further by making transactions cheaper and faster, but has failed to maintain meaningful traction among users.\n• Despite the initial excitement, the protocol\'s momentum has slowed, and its impact on the Bitcoin ecosystem remains to be seen.\nActivity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite astellar start last month.\nRunes takes theOrdinals protocola step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions.\nThemuch-hyped Runeswent live after Bitcoin’s fourth halving on April 20. Datatracked on Dune Analyticsshows that in its first 10 days the protocol racked up more than 85,000 token issuances and generated over $3 million in fees.\nIn the past two weeks, however, all the metrics – including fees, new Runes and user activity – have dropped more than 50%. Only some 5,000 new Runes have been issued since May 1, generating just under $100,000 in fees.\nAt its peak, Runes led transactions and fees in the broader Bitcoin ecosystem, accounting for as much as 80% of all network activity. Now it\'s 20%. Worth noting, however, is that the downturn came amid a general market decline marked by falling bitcoin {{BTC}} prices and slow growth in alternative tokens, which may have contributed to a drop in sentiment for novel technology.\nRunes generated massive interest on social platform X before its launch with creator Casey Rodamoraiming to make it a protocolripe for meme coin trading and “degen” traders. Some industry participants expected the protocol to mirror theflourishing meme coin ecosystemon blockchains such as Solana and Base – likely fueling interest and bets on little-known memes.\nPUPS, a Runes token, emerged as a big play and surged from under $10 million capitalization to over $150 million in under a week,gaining support from several noted traderssuch as BitMEX founder Arthur Hayes.\nSeveral NFT collections and tokens were launchedon Ordinals, and even on Ethereum, before the protocol\'s introduction – each aiming to transfer over and become the biggest compilation after the launch. Such activity made Bitcoin-based NFTs top other collections on the usual leaders Ethereum and Solana, with tens of millions exchanging hands in an otherwise scant market fornon-fungible tokens.\nSome skeptics say that while Runes may serve as a way to build the Bitcoin ecosystem, there’s still work to be done.\n"The success of the Bitcoin L2 project based on OP_Return is doubtful as UTXO based blockchain network is fundamentally different from smart contract based network," Ho Chan Chung, head of marketing at CryptoQuant, told CoinDesk in a Telegram message. "The current notion of Bitcoin narrative as a digital currency combined, and the difference in the blockchain network fundamental are the two big hurdles that Bitcoin L2 projects need to overcome."\n"Lightning network was able to prove it. However, Ordinals, BRC-20, and Runes all seemed to fail at winning the narrative for now." Chung added.', 'If you are looking to put $1,000 to work in the crypto market right now, you\'re probably looking for a cryptocurrency with significant upside potential. And, given the current macroeconomic uncertainty, you\'re probably also looking for a certain measure of downside protection.\nThe quest for a crypto investment with both upside potential and downside protection might sound a bit quixotic, but there\'s actually one cryptocurrency that offers both. Yes, it\'sBitcoin(CRYPTO: BTC). If I had $1,000 to invest right now, this would easily be my top crypto pick.\nSome analysts now predict thatBitcoincould hit a price of $100,000 by the end of this year, and $150,000 by the end of 2025. Given Bitcoin\'s current price of $63,000, that means you could potentially double your original $1,000 investment within just 18 months.\nAnd, if you are taking an even longer-term view of Bitcoin, the picture becomes even more attractive. According to Cathie Wood of Ark Invest,Bitcoin could hit a price of $1.48 million by 2030. And, if everything goes according to plan, she says, Bitcoin could hit a price of $3.8 million. So we\'re talking about the potential to gain 25-fold or even 50-fold on your initial investment!\nThat type of price performance might sound a bit fantastic. But not if you consider Bitcoin\'s historical track record. For much of the past decade, it has been the best-performing asset in the world, and it hasn\'t even been close.\nIn the decade from 2011 to 2021, for example, Bitcoin posted annualized returns of 230% per year. The next closest asset class (high-growth tech stocks) posted returns of just 20% per year. Granted, past results are no guarantee of future performance, but there\'s now a solid body of evidence to suggest that Bitcoin has immense upside potential over a relatively long period of time.\nIn terms of downside protection, Bitcoin\'s greatest strength is that it is an inflation-resistant asset. This is due to the algorithm that carefully controls the rate of new Bitcoin creation. Every four years, as a result of a halving, the rate of new Bitcoin creation gets cut in half. This is whyCoinbase Globalnow refers to Bitcoin as "a programmatically disinflationary asset." So if your primary concern is inflation, then Bitcoin should be an enticing option.\nAt the same time, Bitcoin also boasts remarkable scarcity, much like a precious metal. It\'s for good reason that many investors refer to Bitcoin as "digital gold." The maximum lifetime supply of Bitcoin is capped at 21 million coins, and 19.7 million coins are already in circulation. As Bitcoin adoption grows worldwide, the impact of this scarcity on price will only increase.\nAnd there\'s one more factor that gives Bitcoin downside protection: It is still largely uncorrelated with other financial assets. Put another way, Bitcoin can zig when other financial assets zag. Thus, even if the stock market tanks, there\'s still a chance that Bitcoin won\'t. This makes Bitcoin a very useful tool for portfolio diversification.\nIn fact, due to this historical lack of correlation, a growing number of investors now view Bitcoin as a safe-haven that can help them avoid the slings and arrows of outrageous fortune. A big reason for this lack of correlation is that, until recently, Bitcoin was largely ignored by Wall Street and stood outside the traditional financial system.\nBitcoin, of course, is certainly not without its risks. As they say on Wall Street, there\'s no such thing as a free lunch. And Bitcoin exposes you to tremendous volatility. In a single 24-hour period, Bitcoin can rise or fall by 10% or more. Given that Bitcoin trades 24/7 globally, you could theoretically go to bed thinking you\'re a millionaire and wake up the next morning only to find that a significant portion of your wealth has been wiped out.\nThat\'s why it\'s so important to keep a long-term perspective when investing in Bitcoin. This will keep you from worrying about short-term dips in value. Over the long haul, it\'s hard to think of a single financial asset that can outperform Bitcoin.\nYes, Bitcoin may no longer be able to deliver the types of spectacular returns that it offered early crypto investors. But, from my perspective, it still offers the ultimate mix of risk and reward.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $550,688!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000was originally published by The Motley Fool', "Craig Mahalik; IR; Rand Capital Corp\nDaniel Penberthy; President, Chief Executive Officer; Rand Capital Corp\nMargaret Brechtel; Chief Financial Officer, Executive Vice President, Treasurer, Secretary; Rand Capital Corp\nOperator\nGreetings, and welcome to Rand Capital Corporation's, first quarter fiscal year 2024, financial results conference call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Mr. Craig Mahalik, Thank you. You may begin.\nCraig Mahalik\nThank you, and good afternoon, everyone. We appreciate your interest in Rand Capital and for joining us today, for our first quarter 2024 financial results conference call.On the line with me are Dan Penberthy, our President and Chief Executive Officer, and Margaret Brechtel, our Executive Vice President and Chief Financial Officer.A copy of the release and slides that accompany our conversation is available at randcapital.com. If you're following along in the slide deck, please turn to Slide 2, where I'd like to point out some important information.As you are likely aware, we may make some forward-looking statements during this presentation. These statements apply to future events that are subject to risks and uncertainties, as well as other factors that could cause actual results to differ from where we are today.You can find a summary of these risks and uncertainties and other factors in the earnings release and other documents filed by the company with the Securities and Exchange Commission. These documents can be found on our website or at sec.gov.During today's call, we'll also discuss some non-GAAP financial measures. We believe these will be useful in evaluating our performance. You should not consider the presentation of this additional information in isolation as a substitute for results in accordance with generally accepted accounting principles. We have provided reconciliations of non-GAAP measures with comparable GAAP measures in the tables that a company today's earnings release. With that, please turn to Slide 3, and I'll hand the discussion over to Dan.\nDaniel Penberthy\nThank you, Craig, and good afternoon, everyone. We kicked off the year with solid momentum fueled by the strategic deployment of capital particularly into new and follow-on debt investments. This approach has consistently delivered results over the past years and evidences our strong performance in the first quarter of 2024.The initial three months were dynamic within our portfolio, characterized by these new and follow-on investments, certain equity sales and portfolio repayments. This activity does underscore the strength and agility of our investment approach. Moreover, seizing upon favorable marketing conditions rather market conditions, we realized $3.5 million from the sale of our ACV Auctions stock.The strategic exit in conjunction with the prudent utilization of our credit facility has enabled us to deploy over $10 million during the quarter. Fortifying the potential yield in the future of our portfolio and the strengthening dividends. Noteworthy is the evolution of our debt portfolio, which now represents 70% of our total mix, up from 64% at the close of 2023 and 56% at the end of 2022.This strategic shift has driven the 12% growth in total investment income for the quarter. This strong performance translated into tangible benefits for our shareholders as evidenced on slide 4. Year-to-date, we have declared total dividends of $0.54 per share. This includes a cash dividend of $0.25 per share for the first quarter and just last week on May 8, we increased our regularly quarterly cash dividend for the second quarter by $0.04 per share, marking a 16% increase and as now at $0.29 per share.This dividend increase reflects not only the strength and stability of our business operations and its portfolio, but our consistent and confidence abilities to execute in the future trajectory of the company. We firmly believe that our deal flow and unique marketing position will continue to support future dividends. At quarter end, having put our capital to work and distributing $645,000 in cash dividends to the shareholders. We still had approximately $11 million in total availability, including our cash on hand line of credit availability and our highly liquid publicly traded securities.If you turn to slide 5, you can see our portfolio mix between debt and equity in the changes during the recent quarter, our portfolio consisted of investments with a fair value of $82.8 million across 30 portfolio businesses. This was up $5.6 million, rather a net basis or 7% from the year end 2023, and reflected these new and follow-on investments in valuation adjustments in multiple portfolio companies. These were partially offset by our sale of ACV Auctions stock and other portfolio company loan repayments.The portfolio comprised approximately 70% in debt investments, as I previously noted, rather which have an annualized weighted average yield of 13.7%, which includes PIK. or payment in kind interest. The remaining mix was comprised 25% in equity investments in private companies and 5% in publicly traded securities consisting of our other BDC investments.During the first quarter, we completed one follow-on and two new investments. These transactions are highlighted on slide 6. The larger investment with a debt investment totaling $5.5 million into Madison Avenue holdings. They had previously repaid the $1.9 million loan to Rand, also during the quarter. This debt instruments will carry a rate of 14%, including PIK interest.Madison Avenue is based out of Texas and provides upscale salon spaces for lease. The Second was a new investment of $3.2 million made with Mountain regional equipment solutions or MRES. that consisted of a $3 million term loan at 14% and a $205,000 other equity investments. MRES is based out of Utah and supplies, automated lubrication systems active and passive safety systems and maintenance products designed for the mobile heavy equipment industry.Follow-on investments during the quarter was $1.8 million to Seybert’s Billiards Corporation. A Billiards, supply company based out of Michigan. With this investment, our total debt and equity investment in Seybert’s increased to a fair value of $7.8 million at quarter end.The bottom half of the slide highlights the notable exits and repayments from the quarter, including the sale of the stock of ACV Auctions. We have determined an appropriate time to make an exit within our investment portfolio. And this is often just as critical is making the initial investment. the shares of ACV were sold at an average price of $18.02 per share. And the sales of the 194,000 shares did result in a realized gain of $3.5 million.I should highlight that during the prior quarter, we had ACV stock valued or that is rather unrealized appreciation for approximately $2.9 million. And with the sale, we have now monetized that prior appreciation. During the quarter, we also received $687,000 principal loan repayment from pressure Pro, which left our total fair value of debt and equity investments at $2.4 million into this portfolio company.The charts presented on slide 7, offer a visual depiction of the diversity within our portfolio, in the evolving landscape of industry allocation over the past quarter. Against the backdrop of recent investments as well as adjustments in fair value, our industry composition saw notable changes during the quarter. Sectors such as professional services, consumer products and distribution witness growth.On the other end, we observed declines in the representation of the manufacturing and software industries. Overall, we continue to value this diversity of our industry mix. The diverse spectrum of sectors across our entire portfolio serves as a testament to our strategic approach, ensuring resilience and mitigating risks in our investment efforts.Slide 8 lists our top five portfolio companies at quarter end sales and continues to remain the largest fair value investment at well over $10.6 million or 13% of our total portfolio. Savers moved up to number two following their recent investment and Madison Avenue also move to the fourth ranking following our investments. Overall, these top five represent 44% of our total portfolio at quarter end.With that, I'll turn it over to Margaret for further review of our financials.\nMargaret Brechtel\nThank you, Dan, and good afternoon, everybody. I will start on slide 10, which provides an overview of our financial summary for the first quarter of 2024. Total investment income for the quarter was $2.1 million, up 12% over last year's first quarter, driven by a 40% increase in interest income. Overall, the number of portfolio companies contributing to investment income during the first quarter of 2024 was 24 companies compared to 23 in the first quarter of 2023.Total expenses were approximately $1.2 million during the first quarter compared with $1 million in the prior year's first quarter. The change reflects a $232,000 increase in interest expense on borrowings under our senior revolving credit facility. Partially offset by a decrease in capital gain incentive fees to the company's external investment adviser.Adjusted expenses, which includes accrued capital gains incentive fees and as a non-GAAP financial measure, were $1.1 million compared with $757,000 in the first quarter of 2023. First quarter net investment income increased 17% to $840,000 or $0.33 per share compared with $715,000 or $0.28 per share in the prior year first quarter. On an adjusted basis, which is a non-GAAP financial measure and excludes the capital gains incentive fee accrual expense. Net investment income was $0.37 per share compared with $0.39 per share in the first quarter of 2023.I'm going to move on to slide 11, which provides a waterfall graph for the change in net asset value for the quarter. Net assets at March 31, 2024 were $61.6 million, up 1% from the end of 2023. The change reflects our net investment income and realized gains from the ACB auction sale, coupled with a $2.9 million net change in unrealized depreciation and the $645,000 dividend distribution to shareholders during the quarter.As a result, the net asset value per share at March 31, 2024 increased to $23.85 compared with $23.56 per share at December 31, 2023. As highlighted on Slide 12, we continue to have a strong and flexible balance sheet that positions us well for future investments. Total assets grew 4% to $84.4 million, which included cash at quarter-end of approximately $759,000. We also held approximately $4.5 million in liquid BTC shares which are available for future liquidity needs, as Dan will touch on in a moment.Based on our borrowing base formula Rand has approximately $5.8 million of availability on its existing $25 million senior secured revolving credit facility at March 31, 2024. Our total outstanding borrowings of $19.2 million carrying an interest rate of approximately 8.8% at quarter end.We did not repurchase any shares during the quarter. The Board of Directors did renew the share repurchase program authorizing the purchase of up to $1.5 million in additional Rand Capital stock. The new program expires on March May 7, 2025.Our portfolio transformation to include more income-producing investments is expected to support an increased dividend level over time. In line with that expectation is previously mentioned Rand recently declared its regularly quarterly cash dividend distribution of $0.29 per share, which increased 16% from the first quarter of 2024 dividend of $0.25 per share. The cash dividend will be distributed on or about June 14, 2024, to shareholders of record as of May 31, 2024.With that, I will turn the discussion back to Dan.\nDaniel Penberthy\nThanks, Margaret. We do remain focused on our commitment to maximizing shareholder value through the sustained rather growth of dividends.We continue our strategic focus on bolstering our investment portfolio, particularly through prudent and strategic investments of income-generating debt instruments by capitalizing on these targeted opportunities. Our aim Last 60 Days of Bitcoin's Closing Prices:* [69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-14 Financial & Commodity Data: - Gold Closing Price: $2353.40 - Crude Oil Closing Price: $78.02 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,217,962,882,194 - Hash Rate: 562132493.1775575 - Transaction Count: 422043.0 - Unique Addresses: 458041.0 Social & AI Sentiment: - Fear & Greed Index: 0.66 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Global Payments Market Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com'soffering. The Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion. Digital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs). Furthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world. Real-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising. The rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential. Key Market Drivers Digital Transformation and Technology Adoption • Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations. • Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments. • Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market. Globalization and Cross-Border Transactions • Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions. • Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions. • Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems. Regulatory Initiatives and Compliance • Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development. • Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States. • Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market. Changing Consumer Preferences and Behaviors • Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options. • Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments. • Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth. E-commerce and the Rise of Online Transactions • Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods. • Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem. • Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic. Key Market Challenges Security Concerns and Cyber Threats • Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems. • Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems. • Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats. Regulatory Complexity and Compliance Burden • Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions. • Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers. • Global Standards: Importance of striking a balance between innovation and compliance in the payments industry. Fraud and Financial Crime • Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems. • Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection. • Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime. Interoperability and Fragmentation • Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems. • Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions. • Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability. Key Market Trends Contactless Payments and Digital Wallets • Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security. • Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic. • Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences. Open Banking and API Integration • Transformative Potential: Impact of open banking on collaboration and competition among financial institutions. • API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences. • Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services. Cryptocurrency and Blockchain Technology • Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods. • Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems. • Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce. Biometric Authentication and Strong Security Measures • Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions. • Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens. • Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments. Segmental Insights End User Insights • Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands. • Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge. • Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends. Regional Insights • North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology. • Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity. • Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region. Key Attributes: [{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}] Competitive Landscape • Mastercard Inc. • Visa Inc. • PayPal Holdings, Inc. • AliPay (Alibaba Group) • UnionPay International • Stripe • Adyen • WeChat Pay • Worldpay • Klarna Scope of the Report Payments Market, By End User: • Retail • Entertainment • Healthcare • Hospitality • Others Payments Market, By Mode of Payment: • Point of Sale (Card Payments, Digital Wallet, Cash) • Online Sale (Card Payments, Digital Wallet) Payments Market, By Region: • North America • United States • Canada • Mexico • Europe • France • United Kingdom • Italy • Germany • Spain • Asia-Pacific • China • India • Japan • Australia • South Korea • South America • Brazil • Argentina • Colombia • Middle East & Africa • South Africa • Saudi Arabia • UAE • Turkey • Egypt For more information about this report visithttps://www.researchandmarkets.com/r/61666l About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment • Global Payments Market CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['What Can Lifeform Bring To WEB3 And BTC Ecosystem? — True Interconnectivity And Interoperability\nNew York, May 14, 2024 (GLOBE NEWSWIRE) -- As a pioneer in the DID\xa0field, Lifeform continuously fulfills its mission amidst the BTC wave, contributing to the development of the BTC ecosystem.\xa0Lifeform\xa0token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.\nLifeform, supported by investments from a host of prominent institutions, excels in focusing on the mentioned two objectives. Let us explore how Lifeform is executing its DID blueprint.\nUnlike other DID solutions that are constrained by the specific characteristics of different public blockchains, thereby limiting their cross-chain capabilities and application scopes, Lifeform offers full-chain domain names with .btc services. It is the first platform to support multi-blockchain domain name resolution (including, but not limited to, Bitcoin, Ethereum, BNB Chain, Solana, Base, Avalanche, and OPBNB) as an all-in-one domain resolution platform. This platform has already implemented mappings for .eth, .bnb, .sol, .arb, and other domain names under the Lifeform Universal Domain .btc, enabling functionalities such as cross-chain transactions, multi-chain asset inquiry, multi-channel integration, interactive social networking, and cross-chain finance.\nIn its roadmap, Lifeform also proposes collaborations with various wallets to integrate the .btc domain SDK into exchange wallets; its plan for supporting seamless interaction across multiple Layer1 and Layer2 networks.\nLifeform leverages its technological edge in AI to analyze cross-chain activities. By profiling users based on their asset management behaviors, Lifeform provides tailored recommendations for blockchain services, tokens, or dApps.\nParticularly for Web2 users who hold substantial amounts of idle BTC assets, Lifeform facilitates easy linkage to BTC Layer2 protocols, such as decentralized staking protocols characterized by stable yields and DeFi Machinegun Pool. This approach enhances the possibility of earning additional income without the need to sell cryptocurrency assets.In the future, Lifeform also plans to utilize AI to launch various practical smart devices, such as BTC Mobile and head-mounted displays. These innovations will contribute to the establishment of a free, unrestricted Bitcoin ecosystem mobile application store, providing comprehensive mobile solutions for the Bitcoin developer community.\nIn terms of presentation, Lifeform is a leader in visual DID. With advanced high-resolution engines, users can easily create any virtual avatar and link it with one click to Web2 streaming media for dynamic virtual persona manipulation. Ultimately, Lifeform aims to bring the next billion users into Web3. Users will not only possess a unique full-chain identity and social space, but in the near future, they will also be able to navigate through the AR & XR world using smart devices with the Universal Domain.\nFrom Digital Gold to Application-Driven Asset\n2024 is set to be a landmark year for Bitcoin: with the SEC finally approving the Bitcoin ETF, and the quadrennial halving event taking place. If prior to 2024, Bitcoin DeFi applications were merely tethered as value anchors, the subsequent approval has shifted BTC from merely being the digital gold of the crypto world to a truly application-driven asset.\nOne manifestation is that, spurred by the rapid rise of inscriptions last year, a plethora of Layer2 projects aimed at constructing new scaling solutions on Bitcoin sprang up like mushrooms after rain, with the TVL in DeFi surpassing the $2 billion mark. However, at the same time, Bitcoin, which has followed a developmental path similar to Ethereum, has replicated the same issues: Layer2 solutions are not the panacea for enhancing scalability. As economic activities between various protocols become segregated, forming a barrier to blockchain interoperability, the construction of "bridge builders" is inevitably seen as a crucial element in this transformation, with Decentralized Identities (DID) being an important part of this process.\nAs other application-specific public blockchains have developed their own representative DID projects, Bitcoin ecosystem has seen the emergence of service providers like Lifeform. Over the past year, Lifeform has raised $400 million in valuation through two funding rounds, with investments from notable institutions such as Binance, IDG Capital, GeekCartel, Foresight Ventures, KuCoin Labs, and SevenX Ventures, whose actions are becoming increasingly influential.\nWhy is DID so critical, and why is Lifeform a leader on the BTC DID track? This article will outline the importance of DID and the activities undertaken by Lifeform.\nOffers A Promising Solution to Enhance Blockchain Interoperability.\nThe essence of the network is connectivity. On the internet, most platform data still cannot be freely traded or leveraged to create additional value.\xa0Blockchain technology faces similar challenges. Not only is inter-chain interaction difficult, but the transitions between different smart contracts on the same chain, as well as interactions among Layer1, Layer2, and Layer3, are also severely limited.\nDecentralized Identifiers (DID) have emerged as a solution to enhance blockchain interoperability. DIDs serve as containers for identity, certificates, private keys, and assets, designed to bridge multiple service scenarios and data sources. Compared to traditional internet IDs, Web3\'s DIDs, with their decentralized nature, have inherent privacy advantages. Control is in the hands of the users, eliminating the security risks associated with outsourcing identity management to centralized entities. Furthermore, compared to crypto wallets, DIDs can integrate multiple blockchain addresses and even multiple wallet accounts. They can evolve from 2D to 3D identities, providing a richer user profile and a more vivid and dimensional identity image. The combination of different data enhances the richness of application scenarios.\nAn ideal DID would aggregate addresses from mainstream public blockchains, supporting basic functions like signing and transferring while integrating fragmented data from different blockchains that a user may have. Additionally, it would allow users to autonomously authorize which data to disclose to projects, thereby helping users achieve data sovereignty.\nPoised to Become the Super Gateway That Helps Web3 Go Viral\nDID is playing a pivotal role in expanding the reach of Web3.\xa0Particularly significant was the approval by the U.S. Securities and Exchange Commission of the Bitcoin ETF in January of this year, which officially recognized BTC as a U.S. dollar-denominated investment.\xa0According to the latest data, leading financial institutions like BlackRock and Fidelity, among others, have collectively purchased over 500,000 bitcoins through 10 ETFs (excluding Grayscale), injecting more than $30 billion into the sector.\nFor individuals eager to embrace the world of cryptocurrency yet lacking a low-barrier entry point as an opportunity, a sufficiently simple Web3 gateway is the first step in creating a positive user experience for non-Web3 users.\nDIDs offer a lower barrier to entry and lower cognitive load, combined with a strong network effect, making them a likely candidate as a super gateway for users entering Web3. Once DID becomes a new channel for capital inflows, its ability to transform non-financial behaviors into trustable reputation scores and financial behaviors into quantifiable credit values could drive transformative development across Web3 applications.\nLifeform’s introduction of a full-chain domain has opened a gateway to the crypto world for Web2 users, acting as the first Web3 passport for new entrants. With crypto assets, users can easily earn high annual yields without needing to master complex blockchain technologies; a single click is all that is required. As 2024 sees an influx of new Web2 users, the majority of whom are unfamiliar with blockchain operations, this segment of capital is in search of a familiar entry point. Lifeform provides this accessible gateway, serving as a bridge between Web2 and Web3 and enabling every user to manage their finances effortlessly. With the significant influx of capital, the future development prospects are unimaginable.\nLifeform will kickstart a transformative era for BTC.\nIn conclusion, the future of BTC and Lifeform is intertwined, mutually empowering each other\'s endeavors.\xa0With increasing interoperable integration, Lifeform is enhancing the BTC ecosystem to become simpler, faster, more equitable, and more trustworthy.\nFor Lifeform, leveraging the widespread recognition of BTC, the earliest-born and most valuable blockchain network, outside the crypto circle, opens up broader market opportunities and prospects significantly.\nBTC will also usher in a truly decentralized user ecosystem centered around credit and reputation in the future: DeFi may see a world of low collateral or even uncollateralized credit loans, spawning a wider array of credit financial products; meanwhile, advanced and simplified social service behaviors, such as chatting, reputation scoring, and personal achievement displays, will also build a mature on-chain social network comparable in scale to Web2; GameFi, NFTs, and DAOs, among other Web3 applications, will also have a distinct future within the BTC ecosystem.\nLooking ahead, as the frequency and complexity of user on-chain operations increase, alongside the continuous advancement of cryptography and Web3 technology, we can expect Lifeform to become a key hub and foundational infrastructure connecting BTC and even broader \xa0Web3 assets, applications, and services.\nDisclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. Do your own research before making a financial decision related to any crypto company or asset.\nCONTACT: Joanna Simpson [email protected]', '• Stocks climbed higher, taking the S&P 500 near its all-time high.\n• A downgrade revision in March\'s producer price index helped curb inflation concerns.\n• Fed Chairman Jerome Powell signaled that interest rates will have to remain higher for longer.\nThe S&P 500 closed just under its all-time high on Tuesday, and the Nasdaq hit a new record as markets prepared for a key April inflation report.\nWhile April\'s producer price index gained 0.5% against expectations of a 0.3% rise, March\'s data was revised to show a 0.1% decline. For the time being, that was enough to curb worries of stubborn inflation, and investors remain optimistic aboutinterest rate cuts by September.\nMany are also waiting to see Wednesday\'s consumer price index release, before determining whether to retreat from markets. In the meantime, traders tuned into commentary from Federal Reserve Chairman Jerome Powell, who signaled that rates will need to stay higher for longer.\n"Tomorrow\'s CPI report becomes even more important for any signs suggesting that the path towards price stability has gained momentum," Quincy Krosby said, Chief Global Strategist for LPL Financial. "An overriding question -- and potential dilemma -- hovering over markets is whether the broader economic landscape is softening at the same time inflation inches higher, making the Fed\'s job increasingly difficult."\nAmong other notable movers was a sustained rally in meme stocks, with the likes of GME and AMC rallying aggressively for their second day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,246.68, up 0.48%\n• Dow Jones Industrial Average: 39,558.11, up 0.32% (+126.60 points)\n• Nasdaq composite: 16,511.18, up 0.75%\nHere\'s what else is going on today:\n• 5 trades to pursue ifstagflation or hard-landing fears make a comeback, according to Bank of America.\n• Russia\'s economy can\'t sidestep fallout forever, think tank says.\n• An unprecedented number ofrecession signals are flashing, veteran analyst says.\n• Abullish sign just flashed in the S&P 500- it could mean record highs this summer, Bank of America says.\n• Here are6 scenarios for tomorrow\'s inflation report, according to JPMorgan.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 0.10% to $77.98 a barrel.Brent crude, the international benchmark, slid 0.15% to $82.38 a barrel.\n• Goldrose 0.37% to $2,358.21 per ounce.\n• The 10-year Treasury yield fell three basis points to 4.449%.\n• Bitcoindropped 2.1% to $61,556.\nRead the original article onBusiness Insider', 'Hotter-than-expected wage growth figures today dealt a blow to hopes of a June interest rate cut.\nThe earnings update came as it emerged that the UK jobless rate crept up to its highest level for nearly a year.\nVodafone, Flutter Entertainment, Currys and Greggs have also published results or trading statements today.\nTuesday 14 May 2024 17:47,Simon Hunt\nThe FTSE 100 returned to making gains on Tuesday but finished just short of a record close price.\nThe index’s soaring increases from last week have mellowed significantly but trading was still positive despite concerns over stubborn UK wage inflation data from the Office for National Statistics.\nLondon’s top index finished 13.14 points, or 0.16%, higher to end the day at 8,428.13.\nTheGermanDax index was down 0.09% at the close and the Cac 40 inFranceended up 0.2%.\nJoshua Mahoney, chief market analyst at Scope Markets, said: “The FTSE 100 provides one bright spot within an otherwise downbeat session in Europe, withVodafoneand Ocado the two dominant gainers.\n“European markets have also had to contend with the latest UK jobs report, with theBankof England likely concerned at the combination of stubbornly high wages and the joint highest unemployment rate in over two years.”\nTuesday 14 May 2024 14:39,Michael Hunter\nWall Street stock markets made a steady start to trade, with investors only halfway through a two-day run of inflation data likely to determine direction in the near term.\nThe producer price index came in with a hotter-than-forecast monthly rise.\nAttention is already on tomorrow’s consumer price index.\nBoth readings will influence the timing of an interest rate cut from the Federal Reserve.\nThe likelihood of action has moved further back into the year and the jury remains out on when it may come.\nIn the meantime, the broad-based S&P 500 ticked up by just under three points to 5,244.53.\nTuesday 14 May 2024 14:31,Michael Hunter\nAfter US producer price inflation data was higher than expected for April, attention is turning to the reading of the consumer price index due tomorrow.\nWith Wall Street indices holding steady today, there was some speculation that after Wednesday’s CPI, investors may take a long summer pause.\nDavid Morrison at Trade Nation said: ““If there’s no improvement in this week’s inflation numbers, then investors may feel it’s a good time to cut their exposure and come back in early September.”\nThat is when the chairman of the US Federal Reserve hosts a meeting of fellow central bankers at a famous beauty spot called Jackson Hole.\nThere is usually a set-piece speech, and this year’s event is seen as the likely venue for a major signal on the timing of a Fed rate cut.\nTuesday 14 May 2024 13:37,Michael Hunter\nThe month-on-month rise in US inflation for April has come in higher than expected, feeding into the debate on the timing of an interest rate cut in the US.\nThe core producer prices index rose 0.5% from March, stronger than the 0.2% expected.\nOn an annual basis, it came in bang in line with forecasts at 2.4%.\nThe hotter-than-forecast monthly reading will play into speculation on the timing of the the first US rate cut of the current monetary policy cycle.\nIt is one of the main themes over global markets at the moment.\nFutures markets took the data in their stride, pointing to a modest opening rise of four points for the S&P 500.\nTuesday 14 May 2024 12:13,Michael Hunter\nHere’s a snapshot of the main action on global markets in the middle of the London trading day.\nThere is a cautious mood at work, boosting gold and keeping the lid on stocks and the pound.\nTuesday 14 May 2024 11:49,Simon Hunt\nGreggs is poised to deepen ties with its biggest franchise partners after Britain’s best-known baker said it planned to open dozens more sites in key transport locations such as rail and petrol stations.\nThe London-listed business said it had opened 64 new stores since the start of the year, of which around a quarter were with franchisees, and planned to open up to 160 in total by the end of the year. Like-for-like sales rose 7.4% to £693 million.\nGreggs boss Roisin Currie said Asda had been the firm’s biggest franchise partner to date, with kiosks in its supermarkets and petrol forecourts, alongside EG Group and Rontec’s forecourts.\n“Our strategy is to be available to customers wherever they want to shop with us,” she told the Standard.\n“What [on-the-go] customers purchase is the same as they purchase on the High Street.\n“We currently have 16 franchise partners and hope to have a pipeline of more for the next couple of years.”\nRead more here\nTuesday 14 May 2024 11:02,Michael Hunter\nAnother fast-growing firm from London’s tech sector is being taken private in a multi-million pound transatlantic private equity bid.\nIQGeo, which provides the software used to power next-generation telecoms networks, is being bought by legendary US private equity house KKR for £333 million.\nThe all-cash takeout bid is priced at 480p per share. The stock closed at 405p yesterday. It leapt 65p, or over 16%, to 463p this morning.\nThe offer premium is of around 48% compared to the stock’s \xa0twelve-month volume weighted average price of 325p, according to the bid announcement.\n“KKR sees an opportunity to accelerate IQGeo\'s transition towards a recurring software centric business model and the development of IQGeo\'s future product roadmap under private ownership”, it said today.\n“IQGeo\'s sector is developing rapidly, as fibre and grid infrastructure are undergoing major transformation and upgrades to deliver against national connectivity and sustainability goals”, it added.\nTuesday 14 May 2024 10:25,Graeme Evans\nBid target Anglo American today revealed it will exit diamond, platinum and coal mining as part of its most radical overhaul in decades.\nThe shock plan comes as Anglo battles to convince shareholders of its standalone future, having yesterday rejected an improved £34 billion approach by Australia’s BHP.\nAnglo believes it can unlock significant value by focusing on a simplified portfolio of “world-class assets” in copper and premium iron ore.\nThe strategy will see Anglo offload its interest in the De Beers diamonds business and also seek a partner for the vast Woodsmith potash development in North Yorkshire.\nAnglo shares were 2% or 60.5p lower at 2646.5p, representing a slight easing of the bid premium since BHP disclosed its interest last month.\nThe decline for Anglo came in a robust session for the FTSE 100 index, with the support of heavyweights HSBC and BP helping the top flight to rise 14.20 points to 8429.19.\nDCC shares posted the biggest fall after the Dublin-based owner of operations in healthcare, energy and technology reported a slight drop in annual profit to £423.7 million.\nIt hiked its dividend by 5% to mark 30 consecutive years of growth but shares retreated 5% or 285p to 5620p, a decline that erased the strong gains of the past month.\nThe FTSE 250 index lifted 8.80 points to 20,569.14, with Hochschild Mining up 2p to 159.8p after achieving the first commercial production at its Mara Rosa gold mine in Brazil.\nAmong the minnows, Angling Direct jumped 2.3p to 37p as the fishing tackle retailer reported a resilient start to the financial year alongside a surge in annual profit to £1.5 million.\nTuesday 14 May 2024 09:53,Simon Hunt\nVodafone today said it was set to lose more than 4 million customers in Germany as the telecoms giant prepared for a 400 million euro knock from regulatory change in its biggest market.\nThe Paddington-based business said it anticipated it would only retain about half of its 8.5 million TV customers based in multi-dwelling units following new laws on those contracts which come into effect in July. The customers are currently worth around 800 million euros annually to the business.\nVodafone CEO Margherita Della Valle said the regulatory changes had been long-anticipated and the business was prepared to adapt.\n“This year is going to be a year of transition because of this,” she told the Standard, adding that the German business, which accounts for around two-fifths of the group’s revenue, would be in growth excluding the TV contract losses.\n“We have a team in Germany focused on driving growth in other segments.”\nRead more here\nTuesday 14 May 2024 08:59,Simon Hunt\nOne hour into the day’s trading session in London, the FTSE is flat while Bitcoin is down almost 2% on yesterday.\nHere’s a look at your key market data.\nTuesday 14 May 2024 08:57,Graeme Evans\nVodafone is the best performer in the FTSE 100 index, with London’s former biggest company up 3% or 2p at 72p for its highest level since December.\nChief executive Margherita Della Valle said the group performed slightly ahead of expectations in the financial year, including service revenue growth of 6.3%.\nBT Group shares rose 1.3p to 110.25p ahead of its own results on Thursday, with HSBC, Centrica and BP among the other blue-chip risers.\nOn the fallers board, Flutter Entertainment dropped 3% after its first quarter update and Dublin-based conglomerate DCC retreated after annual results. The latter hiked its dividend by 5%, marking 30 consecutive years of growth.\nThe FTSE 100 index and FTSE 250 are both close to their opening marks at 8415 and 20,561 respectively.\nTuesday 14 May 2024 07:57,Michael Hunter\nMarston’s reported a rebound in sales across its 1,400-strong pub chain today, as operating profit rose, helped by its “predominantly freehold pub estate”.\nOperating profit from the pub chain was up to £52.7 million from £43.1 million in the half-year to March 30. It said there was “good momentum across food and drink sales” with like-for-like sales up over 7%, “outperforming the broader market”.\nUnderlying margins up to 12.3% from 10.6% at the operator of over 1,000 pubs..\nJustin Platt, CEO called the outlook for the second half “encouraging”, adding: “With a number of \'must not miss\' major sporting events, our massively upgraded pub gardens and much-loved food menus, we expect our pubs to be very popular this summer."\nTuesday 14 May 2024 07:47,Graeme Evans\nCapital Economics said today’s wage growth update is probably still a bit too strong for the Bank of England’s liking, adding that it may make policymakers a bit more uneasy about cutting interest rates in June.\nDespite the loosening in the labour market, the three-month year-on-year rate of average earnings stayed at 5.7% in March compared with the 5.5% forecast,\nThe consultancy added: “The Bank will be paying close attention to April’s pay settlement figures (due later this month) for further signs that wage growth will continue to moderate in the coming months.”\nToday’s 178,000 fall in employment in the three months to March was a bit smaller than many expected but the unemployment rate still rose in line with forecasts from 4.2% to 4.3%.\nTuesday 14 May 2024 07:27,Simon Hunt\nVodafone’s profits fell by 75% in the 12 months to the end of March amid a series of transactions as the telco giant adjusts its presence in Europe.\nThe firm, which in recent months has sold its Spain and Italy divisions and plans a merger with Three in the UK, said its operating profit decrease of 74.6% to €3.7 billion primarily reflects business disposals in the prior financial year, in particular the €8.6 billion gain on disposal of Vantage Towers.\nBut the firm said it had seen good organic service revenue growth of 6.3% and its business division – a key growth driver – achieved 5.4% revenue growth in the fourth quarter.\nCEO Margherita Della Valle said: “A year ago, I set out my plans to transform Vodafone, including the need to right-size Europe for growth. Since then, we have announced a series of transactions and we are now delivering growth in all of our markets across Europe and Africa.“Much more still needs to be done in the year ahead. We will step-up investment in our customer experience, improve our underlying performance in Germany and accelerate our momentum in Business, whilst also continuing to simplify our operations throughout the group. We are fundamentally transforming Vodafone for growth.”\nTuesday 14 May 2024 07:24,Graeme Evans\nThe UK unemployment rate continues to edge up after the Office for National Statistics today reported a level of 4.3% for January to March.\nThe economic inactivity rate for people aged 16 to 64 years was estimated at 22.1%, representing an increase in the latest quarter.\nAnnual growth in employees\' average regular earnings was 6%, or 5.7% when including bonuses. Both figures were higher than City estimates.\nTuesday 14 May 2024 07:21,Simon English\nFlutter, the owner of Paddy Power, fell to a loss of $177 million in the fourth quarter after accounting related hits of $356 million.\nIt said the US arm remains strong despite “unfavourable sports results in the second half of March”.\nRevenue in the three months to March were up 16% to $3.4 billion for the New York listed business.\nChief executive Peter Jackson said: “We have had an excellent start to the year. In the US, FanDuel\'s top line momentum is translating into strong growth… in US and market share gains. We are focused on continuing to expand our player base, market share, and embedding future profits within our business through disciplined investment. Outside of the US, our focus on delivering the best products for our players is driving good momentum in key markets such as the UK.”\nFlutter moved its main stock listing to the US this month, in what was seen as a blow to London.\nJackson added: “We believe a US primary listing is the natural home for the Group and we look forward to this becoming effective on May 31. With a greater proportion of the Group\'s future profits expected to be generated in the US, we have moved our operational headquarters to New York reflecting the importance of the US sports betting and iGaming market to our business."\nTuesday 14 May 2024 07:15,Graeme Evans\nThe cautious mood is set to continue after Wall Street markets closed barely changed and futures pointed to a lower start for the FTSE 100 index.\nLondon’s top flight fell 0.2% yesterday and is forecast by IG Index to lose another 12 points towards 8400, having set a series of record highs last week.\nThe prospect of tomorrow’s US inflation reading and today’s producer price data meant US investors stayed on the sidelines to leave the S&P 500 index barely changed.\nOne of the biggest moves was by Walgreens Boots Alliance, which rose 5% after Bloomberg reported the company is looking for buyers for its UK pharmacy and beauty chain.\nOn commodity markets, Brent Crude is slightly higher at $83.50 a barrel while copper continues to move higher after yesterday’s latest two-year record.\nTuesday 14 May 2024 06:47,Simon Hunt\nGood morning from the Standard City desk.\nThe FTSE 100 stepped back from its recent record-breaking spell on Monday, finishing in the red following a broadly cautious trading session.\nThe index opened slightly higher but dipped as traders saw an opportunity to sell stocks and take profit after hitting a fresh all-time high at the end of last week.\nLondon’s top index finished 18.77 points, or 0.22%, lower to end the day at 8,446.46.\nElsewhere in Europe, the picture was broadly similar across the other major indexes, with weaker commodity prices and below-par Chinese economic data from the weekend acting as drags.\nThe German Dax index was down 0.18% at the close and the Cac 40 in France ended down 0.12%.\nIn the US, the main markets were higher on the opening bell as analysts look ahead to Wednesday’s key consumer price index inflation data, amid hopes it will provide more clarity over the US interest rate outlook.\nHere’s a summary of our top headlines from yesterday:\n• London office construction roars backwith 2.5m sq ft started in first quarter, more than 50% above the 10 year average, as confidence floods back. Comes after UK construction starts fell to 22 year low in 2023\n• Ad agency Mission Group rejects £322 million bidfrom Brave Bison, a rival backed by Lord Ashcroft\n• Asda enters London property marketwith plans for huge mixed-use development\n• Heathrow April numbers grow 5%\n• Open AI launches new version of ChatGPT\n• Pizza Pilgrims eyes expansionto Scotland and Wales amid strong growth', "• Net Income:$422 million, up $120 million quarter-over-quarter and an increase of $287 million compared to the same quarter last year.\n• Counterparty Trading Revenue:$66 million in Q1, a 79% increase quarter-over-quarter.\n• Counterparty Trading Volumes:Increased 78% quarter-over-quarter.\n• Average Loan Book Size:Grew to $664 million, up 5% quarter-over-quarter.\n• Assets Under Management (AUM):$7.8 billion, a 50% increase quarter-over-quarter.\n• Mining Revenue:$31.5 million, a 69% increase quarter-over-quarter and over 200% compared to the same quarter prior year.\n• Direct Mining Profit Margin:52%.\n• Equity Capital:$2.2 billion as of March 31, up $400 million quarter-over-quarter.\n• Total Liquid Assets:$1.5 billion at the end of the quarter, up from $910 million at the end of 2023.\n• Warning! GuruFocus has detected 3 Warning Signs with BRPHF.\nRelease Date: May 14, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Galaxy Digital Holdings Ltd (BRPHF) reported a significant increase in net income to $422 million, up $120 million quarter-over-quarter and $287 million year-over-year.\n• The company successfully completed a strategic equity capital raise of USD 125 million to capitalize on growth opportunities and digital asset adoption.\n• Assets under management grew by 50% quarter-over-quarter to $7.8 billion, driven by new mandates and inflows into global range of ETFs.\n• Record revenue of $31.5 million in the digital infrastructure solutions business, representing a 69% increase quarter-over-quarter.\n• Expansion of global market operations, including derivatives trading which saw a 25% increase in notional derivatives volumes after exceeding the $8 billion threshold.\n• The new regulatory requirements for over-the-counter derivatives trading in the US will drive additional operating expenses and capital requirements.\n• The decrease in assets under management from a record $10.1 billion in February to $7.8 billion in March due to dispositions of locked assets in the FTX bankruptcy process.\n• Potential volatility in earnings due to the correlation with Bitcoin price fluctuations and market conditions.\n• Challenges in the political and regulatory environment, particularly with the upcoming election cycle that could impact the crypto market and business operations.\n• The need for significant investment in infrastructure and operational capabilities to support regulatory compliance and international expansion.\nQ: Chris, I believe you mentioned that platform derivative volume in Q1 was greater than all '23? And are you seeing a greater percentage of this volume and kind of your revenue being driven by more traditional institutional market participants and market makers as counterparties post the ETF approvals? And is kind of where you're seeing growth or expect to see more growth with your additional regulatory approvals?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: Yes, early on, it's a mix of existing market participants using more capital-efficient ways to hedge positions and new institutions using derivatives. We held back our derivatives business to prepare for regulatory compliance for swap dealer registration. Post-registration, the business expanded quickly by 25%. This setup is to accommodate traditional financial institutions entering the space, which is still in very early stages.\nQ: Can you talk a little about the political and regulatory environment heading into the election cycle and your thoughts on the best outcome for crypto markets and your businesses?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: The political landscape for crypto has become more partisan, which is unfortunate. The recent opposition from some Democrats, notably Elizabeth Warren, has politicized the issue. However, the Republican stance, particularly from Trump, appears more crypto-friendly. This partisan divide needs bipartisan support for stability in the crypto regulatory environment.\nQ: Can you discuss the costs in infrastructure, particularly the $40 million, where it is going, and how much of it is unrelated to power?A: The increase in costs is primarily driven by mining, including higher electrical costs, greater depreciation due to more machines online, and the reversal of impairments on mining machines from the previous year when Bitcoin prices increased.\nQ: Given that the price of digital assets has stabilized, how do you see this affecting your business in Q2, especially with volumes going down both institutionally and retail?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: Our business is still correlated with pricing volatility. During consolidation periods, overall crypto trading volumes decrease, affecting our activity. However, we're offsetting macro decreases with micro gains in market share by onboarding new clients.\nQ: Regarding your recent capital raise, how are you prioritizing investment across your three business units?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: Capital is being allocated primarily to the trading side of our global markets business and our mining business. We're investing in regulatory compliance and tech for trading and in infrastructure for mining, particularly at the Helios assets, to support growth and increase data center capacity.\nQ: Could you talk about the likelihood of the US passing a stable coin bill this year and the potential impact of the political landscape on this?A: Michael Novogratz - Galaxy Digital Holdings Ltd - Chief Executive Officer, Founder, Director: The chance of passing a stable coin bill this year is very low, around 15%. The political landscape is challenging, with significant divides and a focus on other priorities by the majority of Congress.\nQ: Can you provide an update on your venture side, particularly regarding raising external capital and the types of LPs involved?A: Chris Ferraro - Galaxy Digital Holdings Ltd - President and Chief Investment Officer: We're targeting $150 million to $200 million for our venture funds, focusing on not raising too much capital prematurely. LPs include both existing investors in our other funds and new investors. We're cautious about fund sizing to ensure we can generate significant returns for our LPs.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", "• Revenue:Q1 2024 mining revenues of $7.5 million, up from $4.8 million in Q1 2023.\n• Net Loss:Q1 2024 net loss of $11.7 million, compared to a net loss of $6.9 million in Q1 2023.\n• Adjusted EBITDA:$1.9 million for Q1 2024, down from $4.2 million in Q1 2023.\n• Net Loss Per Share:$0.36 in Q1 2024, based on weighted average shares of approximately 32.4 million.\n• Bitcoin Mined:Approximately 142 Bitcoin in Q1 2024.\n• Breakeven Cost:Approximately $34,000 per Bitcoin in Q1 2024, up from $23,800 in Q4 2023.\n• Cash and Cash Equivalents:$1.7 million as of March 31, 2024.\n• Bitcoin Holdings:Valued at $4.2 million as of March 31, 2024.\n• Share Buyback Program:Authorization to repurchase up to $5 million of common stock.\n• Warning! GuruFocus has detected 5 Warning Signs with GRYP.\nRelease Date: May 14, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) successfully completed their miner upgrade program ahead of schedule, enhancing operational efficiency.\n• The deployment of new Bitmain S21 miners is expected to increase the company's hashing power by 23 petahashes per second, improving fleet efficiency to 28.5 Joules per terahash.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) has a strong focus on maintaining a low-cost structure, with a Q1 breakeven cost for Bitcoin at approximately $34,000, which positions the company to handle market volatility effectively.\n• The company is actively pursuing growth through mergers and acquisitions, targeting carbon-neutral miners in safe jurisdictions to enhance their market presence.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) has authorized a share buyback program, demonstrating confidence in the company's strategy and commitment to enhancing shareholder value.\n• The increase in breakeven costs from $23,800 in Q4 2023 to $34,000 in Q1 2024 reflects rising operational challenges such as higher electrical rates and mining difficulty.\n• Gryphon Digital Mining Inc (NASDAQ:GRYP) reported a net loss of $11.7 million in Q1 2024, which included significant non-cash expenses and adjustments.\n• The company's debt, denominated in Bitcoin, poses risks associated with Bitcoin price volatility, affecting the balance sheet valuation.\n• Despite ongoing efforts, Gryphon Digital Mining Inc (NASDAQ:GRYP) has not yet secured any binding letters of intent (LOIs) with potential merger and acquisition targets.\n• The company faces intense competition in the Bitcoin mining industry, particularly post-halving, which has squeezed profitability and heightened the need for strategic operational adjustments.\nQ: Can you talk to your strategy utilizing both the ATM and the buyback? What's your strategy behind when either would be appropriate?A: Robby Chang, CEO of Gryphon Digital Mining, explained that both the ATM (At-the-Market) offering and the buyback are tools for effective capital management. The company uses the buyback when the share price is perceived as unreasonably low, which they believe is the best use of their cash at that time. Conversely, the ATM is used to raise capital when conditions are favorable and opportunities arise, ensuring that any equity issued is highly accretive.\nQ: Can you discuss the investigation around the PPP loan related to the previous business before the RTO?A: Simeon Salzman, CFO of Gryphon Digital Mining, mentioned that they received an inquiry about how the PPP was classified and are currently gathering information to support their classification. The situation is still preliminary, and they are addressing it as required.\nQ: What are you seeing in terms of opportunities for M&A, especially with companies in distress?A: Robby Chang noted that post-halving, several companies have begun exploring M&A opportunities due to reduced profitability. Gryphon is actively looking at these opportunities, focusing on acquiring companies in less than ideal scenarios to enhance their growth and market position.\nQ: Could you walk us through your organic growth opportunities and what kind of exahash could you reach organically by next year?A: Robby Chang stated that Gryphon's growth strategy is heavily reliant on M&A activities, which will enable more accretive and economically favorable growth. The company aims for an aggressive expansion to 10 exahash, although this target is ambitious and dependent on successful acquisitions and capital raises.\nQ: Why did you decide to buy back stock versus investing in more machines?A: Robby Chang emphasized that having a buyback program is part of maintaining a balanced capital management strategy. The decision to buy back shares would be based on the stock being undervalued, providing an opportunity to enhance shareholder value effectively.\nQ: What sort of operating flexibility do you have with your host partner in view of hash price changes?A: Robby Chang explained that Gryphon has significant flexibility to adjust its operations based on hash price fluctuations. They maintain regular discussions with their hosting partner to optimize operations, whether that means scaling up or throttling down as necessary.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", '• The DeFi protocol said it had identified the attacker.\n• The stolen funds have been frozen by major exchanges.\nBitcoin DeFi application ALEX Lab was drained of over $4.3 million in various tokens early Wednesday after a suspected private key compromise attacked its bridging service.\nSecurity researchersCertiK saidthe attackers likely caught hold of a private key that controlled ALEX’s XLink bridge, a service that lets users transfer tokens between different blockchains. The hacker transferred over $300,000 worth of bitcoin {{BTC}}, $3.3 million worth of stablecoins and $75,000 worth of Sugar Kingdom (SKO) tokens.\nALEX developers confirmed thehack in an X postin early European hours, claiming they knew the identity of the attacker. The team offered them a 10% bounty for the return of 90% of the stolen funds.\n“ALEX Lab Foundation has identified the individual responsible for the recent security breach and is offering a resolution through a bounty arrangement,” the developers said. “ALEX assures that upon compliance, there will be no further pursuit or law enforcement involvement. This offer stands until May 18 at 0800 UTC.”\nFunds associated with the hacker have been frozen by major exchanges to prevent further misuse, the team said.\nPrivate key compromises are among hackers’ most common attack vectors.Some of the biggest crypto hacks, such as Ronin’s $650 million drain in 2022 and Harmony’s $100 million hack in the same year, were the result of poor private key security.', '• The DeFi protocol said it had identified the attacker.\n• The stolen funds have been frozen by major exchanges.\nBitcoin DeFi application ALEX Lab was drained of over $4.3 million in various tokens early Wednesday after a suspected private key compromise attacked its bridging service.\nSecurity researchersCertiK saidthe attackers likely caught hold of a private key that controlled ALEX’s XLink bridge, a service that lets users transfer tokens between different blockchains. The hacker transferred over $300,000 worth of bitcoin {{BTC}}, $3.3 million worth of stablecoins and $75,000 worth of Sugar Kingdom (SKO) tokens.\nALEX developers confirmed thehack in an X postin early European hours, claiming they knew the identity of the attacker. The team offered them a 10% bounty for the return of 90% of the stolen funds.\n“ALEX Lab Foundation has identified the individual responsible for the recent security breach and is offering a resolution through a bounty arrangement,” the developers said. “ALEX assures that upon compliance, there will be no further pursuit or law enforcement involvement. This offer stands until May 18 at 0800 UTC.”\nFunds associated with the hacker have been frozen by major exchanges to prevent further misuse, the team said.\nPrivate key compromises are among hackers’ most common attack vectors.Some of the biggest crypto hacks, such as Ronin’s $650 million drain in 2022 and Harmony’s $100 million hack in the same year, were the result of poor private key security.', 'Bitcoin\'s price could remain stuck between $55,000 and $75,000 for the next few months, according to Mike Novogratz, CEO of crypto investment firm Galaxy Digital.\nNovogratz said on Galaxy\'s Q1 earnings call that he sees Bitcoinconsolidatingin that range until either the upcoming US presidential election provides clarity on crypto regulations, or the Federal Reserve starts cutting interest rates due to an economic slowdown.\n"We are in the consolidation phase in crypto," Novogratzstated. "Bitcoin, Ethereum and everything else will consolidate, what does that mean? It means probably somewhere between $55,000 and $75,000 until the next set of circumstances, the next set of market events bring us higher."\nBitcoin has been trading in that $55K to $75K range since late February after previously spiking to a new all-time high above $73,000 in March following the launch of spot Bitcoin ETFs and the latest bitcoin halving event.\nWhile some expected the milestone spot Bitcoin ETF launches to keep driving huge institutional inflows, that hasn\'t really materialized yet according to Novogratz. However, he said the slow process of wealth managers offering crypto products to clients is still steadily driving broader adoption in traditional finance.\nLooking ahead, Novogratz believes the US presidential election could be pivotal for crypto\'s regulatory future depending on whether the Democrats maintain an anti-crypto stance or not. The Biden administration recently signaled it would veto overturning a rule that makes crypto firms record customer holdings as liabilities.\n"It just read to the crypto community as the Democrats saying no to crypto," Novogratz remarked, contrasting with comments from Donald Trump implying he\'d be more crypto-friendly if re-elected.\nSeparately, a rate-cutting cycle from the Fed in response to economic weakness could also boost crypto prices according to the Galaxy CEO.', 'Bitcoin\'s price could remain stuck between $55,000 and $75,000 for the next few months, according to Mike Novogratz, CEO of crypto investment firm Galaxy Digital.\nNovogratz said on Galaxy\'s Q1 earnings call that he sees Bitcoinconsolidatingin that range until either the upcoming US presidential election provides clarity on crypto regulations, or the Federal Reserve starts cutting interest rates due to an economic slowdown.\n"We are in the consolidation phase in crypto," Novogratzstated. "Bitcoin, Ethereum and everything else will consolidate, what does that mean? It means probably somewhere between $55,000 and $75,000 until the next set of circumstances, the next set of market events bring us higher."\nBitcoin has been trading in that $55K to $75K range since late February after previously spiking to a new all-time high above $73,000 in March following the launch of spot Bitcoin ETFs and the latest bitcoin halving event.\nWhile some expected the milestone spot Bitcoin ETF launches to keep driving huge institutional inflows, that hasn\'t really materialized yet according to Novogratz. However, he said the slow process of wealth managers offering crypto products to clients is still steadily driving broader adoption in traditional finance.\nLooking ahead, Novogratz believes the US presidential election could be pivotal for crypto\'s regulatory future depending on whether the Democrats maintain an anti-crypto stance or not. The Biden administration recently signaled it would veto overturning a rule that makes crypto firms record customer holdings as liabilities.\n"It just read to the crypto community as the Democrats saying no to crypto," Novogratz remarked, contrasting with comments from Donald Trump implying he\'d be more crypto-friendly if re-elected.\nSeparately, a rate-cutting cycle from the Fed in response to economic weakness could also boost crypto prices according to the Galaxy CEO.', 'Ask Joe Normie which cryptos to buy if he took a bet on the crypto world. He might mention the ones everyone has heard of already. You know the ones…Bitcoin(BTC-USD), maybeEthereum(ETH-USD)… if he was really “clued in.” But these mainstream coins are already very high in price. Yes theycoulddouble, but it’s also a long way down if they collapsed just as you bought in!\nThe fact is that Bitcoin will have a hard time doubling or tripling its all-time high prices. It has already risen 10,000x its price from when it was just $6. So speculators looking for the “next Bitcoin” would do well to look at new cryptos that are at a similarly low level. Fortunately, there are superb crypto projects at low prices that offer plenty of upside.\nBy “superb,” I mean projects with ever-increasing financial backing and reassuring acceptance from mainstream institutions. And frankly, the technology involved is more advanced than that underling Bitcoin, making them excellent cryptos to buy for speculators. Remember that Bitcoin is not the best crypto, it was only the first.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Shutterstock\nDogwifhat(WIF-USD) came from under the radar of more well-known dog-themed meme coins likeDogecoin(DOGE-USD) andShiba Inu(SHIB-USD). Its first big surge came in March 2024 whenBinanceannounced it was to list the token.\nBeing newly listed by a major exchange like Binance gives good potential gains for those who buy the token early. That’s because a crypto is given more legitimacy in the eyes of the mainstream masses. Binance’s announcement wasn’t the only move into the mainstream for WIF. WIF wasfeatured on The Sphere in Las Vegas, raising over $700,000. These recent developments gave WIF a pump of 1,247% in little over a month.\nSince that initial pump, WIF has been consolidating into a bullish-looking pennant pattern. The price action is squeezing tightly into the end of that pennant. A break upwards looks likely if the technicals play out normally.\nIf WIF breaks out as expected, a run to $4.58 is where the main resistance lies. Th Last 60 Days of Bitcoin's Closing Prices: [65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-15 Financial & Commodity Data: - Gold Closing Price: $2388.70 - Crude Oil Closing Price: $78.63 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,256,753,373,862 - Hash Rate: 582799128.9561441 - Transaction Count: 493012.0 - Unique Addresses: 516619.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. Justin Wales is the head of legal for the Americas atCrypto.com. He is the author of "The Crypto Legal Handbook: A Guide to the Laws of Crypto, Web3, and the Decentralized World" (available atwww.thecryptolegalhandbook.com). The question seems almost rhetorical: Should lawyers deeply engaged in the cryptocurrency or digital asset industry understand the technologies they are paid to represent before regulators and courts? Surprisingly, many legal professionals, including those actively tasked with navigating existential threats to the cryptocurrency industry or their crypto-wielding clients, treat cryptocurrency more as a novel curiosity than a transformative technology that requires intricate understanding and thoughtful consideration. I've listened to presentations by highly sought-after attorneys with large “crypto practices” who charge thousands of dollars for an hour of their time and joke that they are "not a crypto person" when pressed on a question about the uses of the technology during formal proceedings. They treat the practicalities of using digital assets as an irrelevant afterthought that only complicates their other arguments. This detachment between the industry and its advocates is not merely unhelpful – —it's harmful. The industry tasks its lawyers with representing its interests before courts and regulators, who often need to consider the complex interplay of crypto applications and existing regulations for the first time. If these advocates are unwilling to engage seriously with what the industry is building, how can they effectively persuade a court or regulator that their legal interpretation aligns with the realities of the technology or convey the philosophical foundations upon which the broader cryptocurrency space is built? Top law firms charge thousands of dollars per hour for their services, yet too often, the senior-most partners on a case treat engaging deeply with their client’s crypto business as beneath them. This attitude forces clients to rely on the hope that some crypto-native associate will step in to prevent egregious errors or inefficiencies caused by the lack of interest from those at the top. This dynamic is inefficient and can be financially and strategically costly for those navigating the complicated regulatory challenges inherent to most projects in the space. Fortunately, as crypto-native associates become more senior, the dynamics within law firms are beginning to change. Truly adept "crypto lawyers" have emerged at many prestigious law firms, and there are lawyers at specialized boutiques who certainly know their stuff, but this phenomenon remains surprisingly rare. This shift is crucial, as lawyers who understand and can innovate within the framework of cryptocurrency law are critical for the industry's future. A cynical response might equate demanding that a lawyer representing a crypto company have meaningful experience using cryptocurrencies to a tobacco company requiring that their lawyer smoke. But such glib comparisons reveal a misunderstanding of what cryptocurrency represents – —a potential paradigm shift in how we structure society and handle value, privacy, and trust that relies on first-of-its-kind technologies to further goals that were, until recently, confined to science fiction. Lawyers are free to spend their time as they see fit, but those who believe they can coast on a superficial understanding of Bitcoin that hasn’t been expanded since 2017 and an attitude that "everything old is new again" will find their pool of clients diminishing as the industry progresses and demands more from them. I’m not suggesting that a lawyer needs a computer science degree to be a successful advocate or that they must be a “degen” with their personal finances, but they should put in enough time learning about the industry and interacting with the different projects and protocols that make up the space so that they can speak authoritatively on what their clients do, how they do it, and why it matters. Passion is a valuable asset for any professional, particularly in an industry that evolves as rapidly as cryptocurrency does. Lawyers wishing to stay up-to-speed with the continuous legal and technological changes that are characteristic of the cryptocurrency space must engage in continuous self-study – —a task that is incredibly difficult without a genuine interest in the subject matter. This isn't just about maintaining relevance; it's about providing the best possible representation for clients who rely on their attorneys to understand not just the law but the essence of the technology they are dealing with to ensure their advocacy considers a comprehensive understanding of the facts, rules, and circumstances at play. See also:Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing I get asked all the time by young lawyers or law students what they can do to start a career in crypto law. My advice is always to start using crypto and to see if they believe that technologies that permit people to interact without intermediaries are important and should be protected. If so, start reading about the industry’s history, and if you are still convinced this is a good thing for the world, develop expertise in the various areas of law and financial regulations that impact the field. On the other side, I get asked by non-lawyer entrepreneurs or developers what they can do to ensure their relationship with their lawyers is successful. My answer is to make sure your lawyer understands what you’re trying to build and why and to learn enough about the rules regulating your business so that you can have critical conversations with your legal team about their understanding of the law and their strategy. During conversations with young lawyers or entrepreneurs, I would be asked where they should start developing these informational skills, but I didn’t have a great answer. I put together a resource called“The Crypto Legal Handbook”to address this gap and serve as a primer on cryptocurrency's technological and historical aspects, as well as a comprehensive overview of the various laws that govern the field. The text is designed to, on the one hand, spur lawyers to engage with the crypto world actively, enhancing their ability to serve as true advocates for technological advancement and, on the other hand, to provide entrepreneurs with the tools they need to understand the state of crypto regulations. I believe that most of us working in the crypto industry understand that it is more than just a niche asset class within the financial sector. The proliferation of technologies that allow for a variety of peer-to-peer financial and non-financial communications is a pioneering movement capable of reshaping our understanding of money, privacy, and governance that could substantially impact how we govern our economy and society at large. Isn’t it time we started demanding all these so-called “crypto lawyers” be able to effectively articulate this vision for the future?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['(Updates prices)\nBy Tom Westbrook\nSINGAPORE, May 16 (Reuters) - The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world\'s biggest economy and drawing bets that the U.S. currency may have peaked, for now.\nIn Asia the battered yen extended a rebound into a second session, rallying to its strongest in two weeks at 153.6 to the dollar as the gap between U.S. and Japanese yields narrowed.\nThe Australian dollar, which had surged 1% on Wednesday, hit a four-month high at $0.6714 but then paused after an unexpected rise in Australian unemployment. It was last at $0.6687.\nThe euro edged up to a two-month high at $1.0895. The New Zealand dollar also hit a two-month high at $0.6140. Sterling made a one-month high at $1.27.\nCore U.S. inflation slowed to an annualised 3.6% in April, Wednesday\'s data showed, in line with market expectations. That is well above the Federal Reserve\'s 2% goal, but since it eased from 3.8% a month earlier investors saw it as opening the way for a rate cut as soon as September or perhaps even earlier, as the U.S. presidential election looms in November.\n"If we start to see a significant drop (in inflation) then I think last night was maybe the first step," said Bart Wakabayashi, Tokyo branch manager at State Street.\nSofter-than-expected U.S. retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the impression the economy was slowing.\nThe data drove a rally in Treasuries and, combined with selling in Japanese bonds, the gap between U.S. and Japanese 10-year yields has narrowed 20 basis points this week - on track for the largest weekly move of the year so far.\nThe Japanese economy however, contracted more than expected in the first quarter, complicating the challenge for policymakers as they look to raise rates from near-zero levels.\nForeign exchange markets may now face a holding pattern until central bankers give a clearer indication of how they intend to respond to the economic data.\n"160 (yen) probably was the top for the dollar for the time being, if not for the rest of the year," said Naka Matsuzawa, chief macro strategist at Nomura in Tokyo.\nBut for it to go down below 150 he said markets would need to see a clearer signal from the Fed of actual rate cuts starting.\nThe U.S. dollar index made its heaviest one-day percentage drop for the year so far on Wednesday, falling 0.75% and through its 200-day moving average. It was at a five-week low of 104.17 in early Asia trade on Tuesday.\nChina\'s yuan rallied slightly to 7.2070 per dollar. Bitcoin regained a footing above its 100-day moving average and touched a three-week high of $66,695.\n(Reporting by Tom Westbrook; Editing by Shri Navaratnam and Christopher Cushing)', '• US stocks soared on Wednesday, with the S&P 500 notching an all-time high.\n• The benchmark index surpassed 5,300 for the first time after April inflation came in cooler than expected.\n• Consumer prices rose 3.4% last month, slightly lower that the 3.5% increase in March.\nUS stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers.\nAll three benchmark indexes rose, while bond yields ticked lower. The Dow Jones Industrial Average surged 350 points while the 10-year Treasury fell 10 basis points to 4.344%.\nThe benchmark S&P 500 rose past 5,300 for the first time ever as investors grow optimistic that the Federal Reserve is still on track to cut interest rates this year after April inflation numbers were softer than the prior month.\nConsumer prices rose 3.4% year-over-year in April, according to data from the Labor Department, lower than the 3.5% increase in March. On a monthly basis, inflation rose 0.3% in April, less than 0.4% in March.\nMarkets are anticipating one to three rate cuts by the end of 2024, while odds that the Fed won\'t cut rates this year at all have been slashed in half, according to theCME FedWatch tool.\n"Today\'s inflation news keeps multiple rate cuts on the table for the second half 2024," Preston Caldwell, the chief US economist at Morningstar said in a note on Wednesday. "Our base case is two cuts in 2024 (September and December) but three or four is not implausible with continued inflation progress in conjunction with weakening economic activity."\nRetail sales also came in softer than expected for the month of April, another sign the economy is cooling. Slower economic activity helps lower inflation, though it could also indicate a slowdown in economic growth.\n"The \'soft landing\' narrative is still a possibility but not a guarantee," Jeffrey Roach, the chief economist of LPL Financial said in a note. "Markets will be looking for more confirmation and the weak retail sales report did not help."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,308.15, up 1.17%\n• Dow Jones Industrial Average: 39,908.00, up 0.88% (+349.89 points)\n• Nasdaq composite: 16,742.39, up 1.40%\nHere\'s what else is going on today:\n• These are the top 10 holdings of the Mormon Church\'s $55 billion stock portfolio.\n• The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highsthis summer.\n• Nvidia\'s rally is bound to run out of steam, as the chip giant\'s customers are turning into competitors, one analyst warns.\n• Jamie Dimon says China\'s relationship with Russiawill make it difficult for the US to fully engage with it.\n• Biden\'s new tariffs shows he\'s willing to play hardballas China ramps up its exports, according to Nobel economist Paul Krugman.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.99% to $78.79 a barrel.Brent crude, the international benchmark, ticked higher 0.13% to $82.86 a barrel.\n• Goldclimbed 1.21% to $2,3876.77 per ounce.\n• The 10-year Treasury yield dropped 10 basis points to 4.344%.\n• Bitcoinsurged 6.82% to $65,667.\nRead the original article onBusiness Insider', 'By Saqib Iqbal Ahmed\nNEW YORK, May 16 (Reuters) - U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants\' appetite for risk.\nCall it the Goldilocks trade - a bet that the Federal Reserve will be able to tame inflation while keeping growth from declining too rapidly. While that outcome was in doubt as recently as last month, investors have been reassured by a more recent spate of economic data - including Wednesday’s report showing U.S. consumer prices slowed more than expected in April.\nInvestors\' newfound renewed penchant for risk-taking can be seen across asset classes. The S&P 500 hit a new record high on Wednesday and is up 11% year-to-date as it rebounds from last month\'s decline. The Nasdaq Composite Index and Dow Jones Industrial Average scaled fresh heights as well.\nAssets such as bitcoin and meme stocks, which are often seen as barometers of risk appetite though their ties to economic fundamentals are often questioned, have also soared.\nMeanwhile, participants’ growing confidence was reflected in a survey of fund managers by BofA Global Research: the firm’s broadest measure of investor sentiment, based on cash levels, equity allocations and economic growth expectations, stood at its most bullish since November 2021.\n"Investors\' appetite for risk assets appears to be on the rise," said Garrett DeSimone, head quant at OptionMetrics.\nHere\'s a chart-based look at how investors\' new found optimism is reverberating throughout markets:\nAfter worries over the Federal Reserve\'s ability to cut interest rates in the face of stubborn inflation prompted a 4.2% pullback for the S&P 500 index in April, investors now appear eager to ride stocks higher.\nMany are opting to do so with little attention to hedging their downside. The Cboe Volatility index, which measures demand for protection from market swings, closed at a four-month low on Wednesday. The lesser-known VVIX index, a gauge of how much investors expect the VIX to move, has also dipped and now stands near its lowest level in about a decade.\nWhile there are few takers for options hedges that would guard against a drop in the market, call contracts that would benefit from further stock market gains are in high demand.\nThe one month average daily trading in calls outnumber puts 1.2-to-1, the most bullish this measure has been in about a month, according to data from Options analytics firm Trade Alert.\nSome market participants have also pointed to the rally in meme stocks as a sign of investors’ robust risk appetite.\nShares of GameStop have soared 140% over the last week, after a string of posts on the X platform from an account linked to Keith Gill, the central figure behind the previous frenzy. Shares of other companies, including theater chain AMC and headphones maker Koss have followed suit. Like GameStop, many of the stocks are heavily shorted and their fundamentals have declined over the last few years.\nHopes that softening U.S. economic data may give the Fed the leeway to cut rates later this year has pressured the dollar in recent sessions. The greenback, a popular haven during uncertain times, has dipped 2% against a basket of its peers since hitting a 17-month high in mid-April.\nThat has helped boost some emerging market currencies, which are sometimes considered riskier than those tied to developed markets.\nThe Polish zloty is up 3.7% for the month while the South African rand and the Colombian peso have advanced 2.8% and 2.7%, respectively.\nBond market volatility expectations have also slipped in recent sessions. U.S. Treasury yields - which move inversely to bond prices - fell to more than five-week lows on Wednesday.\nBitcoin, often viewed as a key barometer of risk-taking sentiment, hit a 3-week high of $66,261 on Tuesday and is creeping closer to the record high of $73,803 touched in March.\n(Reporting by Saqib Iqbal Ahmed; Additional reporting by Lewis Krauskopf; Editing by Ira Iosebashvili and Shri Navaratnam)', '• BTC rose over 7.5% on Wednesday, capping its best performance since March 20.\n• Weak U.S. data strengthened the case of a Fed rate cut in September.\n• The BOE and ECB are likely to cut rates in June.\nBitcoin {{BTC}} posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data raised the probability that the Federal Reserve (Fed) will join its advanced nation peers in easing monetary policy with rate cuts over the summer months.\nAccording to data sources TradingView and CoinDesk, the leading cryptocurrency by market value rose over 7.5% to $66,250, the largest percentage rise since March 20. Like other risk assets, BTC is sensitive to expected changes in the monetary policy stance of major central banks and rallies when the cost of borrowing fiat money is forecast to decline.\nData released by the U.S. Labor Department Wednesday showed the consumer price index (CPI)increasedless than consensus estimates in April, signaling a renewed downward shift in the cost of living in the world’s largest economy. The headline CPI rose 0.3% last month after advancing 0.4% in March and February. The core CPI, which excludes food and energy prices, rose 0.3% in April after advancing 0.4% in March.\nOther data showed that headlineretail sales growth stalledin April, with the sales in the “control group” category, which feeds into the GDP calculation, declining 0.3% month-on-month.\nAs such, rate-cut expectations shifted significantly.Fed funds futures showtraders expect the Fed to deliver the first 25 basis point rate cut in September. (This year’s summeris set to starton June 20 and end on September 22). The Fed recently signaled that it will reduce the pace of quantitative tightening, also a liquidity tightening tool, from June.\nIt’s not just the Fed.Markets expectthe Bank of England (BOE) and the European Central Bank (ECB) to cut rates in June. TheSwiss National Bank(SNB) and Sweden’sRiksbankhave already reduced their benchmark borrowing costs.\nCentral banks worldwide are pivoting toward renewed monetary or liquidity easing, which is a positive sign for risk assets, including cryptocurrencies, as evident from the chart below from the data tracking website MacroMicro.\nThe percentage of global central banks whose last move was a rate hike is falling fast, while the percentage of banks with rate cuts as the last move is rising.\nIn other words, the net percentage of central bank cutting rates is rising.\n“The higher the proportion goes, the more central banks are cutting rates, which could help improve market liquidity. The lower the proportion, the less liquidity there is in the market,”MacroMicro saidin the explainer.\nProspects for liquidity easing over Summer should support equities, giving investors adequate confidence "to remain further out on the risk curve,"according tobroking firm Pepperstone.', '• BTC rose over 7.5% on Wednesday, capping its best performance since March 20.\n• Weak U.S. data strengthened the case of a Fed rate cut in September.\n• The BOE and ECB are likely to cut rates in June.\nBitcoin {{BTC}} posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data raised the probability that the Federal Reserve (Fed) will join its advanced nation peers in easing monetary policy with rate cuts over the summer months.\nAccording to data sources TradingView and CoinDesk, the leading cryptocurrency by market value rose over 7.5% to $66,250, the largest percentage rise since March 20. Like other risk assets, BTC is sensitive to expected changes in the monetary policy stance of major central banks and rallies when the cost of borrowing fiat money is forecast to decline.\nData released by the U.S. Labor Department Wednesday showed the consumer price index (CPI)increasedless than consensus estimates in April, signaling a renewed downward shift in the cost of living in the world’s largest economy. The headline CPI rose 0.3% last month after advancing 0.4% in March and February. The core CPI, which excludes food and energy prices, rose 0.3% in April after advancing 0.4% in March.\nOther data showed that headlineretail sales growth stalledin April, with the sales in the “control group” category, which feeds into the GDP calculation, declining 0.3% month-on-month.\nAs such, rate-cut expectations shifted significantly.Fed funds futures showtraders expect the Fed to deliver the first 25 basis point rate cut in September. (This year’s summeris set to starton June 20 and end on September 22). The Fed recently signaled that it will reduce the pace of quantitative tightening, also a liquidity tightening tool, from June.\nIt’s not just the Fed.Markets expectthe Bank of England (BOE) and the European Central Bank (ECB) to cut rates in June. TheSwiss National Bank(SNB) and Sweden’sRiksbankhave already reduced their benchmark borrowing costs.\nCentral banks worldwide are pivoting toward renewed monetary or liquidity easing, which is a positive sign for risk assets, including cryptocurrencies, as evident from the chart below from the data tracking website MacroMicro.\nThe percentage of global central banks whose last move was a rate hike is falling fast, while the percentage of banks with rate cuts as the last move is rising.\nIn other words, the net percentage of central bank cutting rates is rising.\n“The higher the proportion goes, the more central banks are cutting rates, which could help improve market liquidity. The lower the proportion, the less liquidity there is in the market,”MacroMicro saidin the explainer.\nProspects for liquidity easing over Summer should support equities, giving investors adequate confidence "to remain further out on the risk curve,"according tobroking firm Pepperstone.', "• Q1 Revenue:$17 million, up 33% from Q1 last year.\n• Operating Expenses (OpEx):Decreased by 16% from Q1 last year.\n• Net Loss Improvement:Improved by 53% year over year.\n• Adjusted EBITDA Loss:Improved by approximately 44% year over year.\n• Assets Under Custody:Grew to a record $1.1 billion by the end of Q1.\n• Notional Traded Volume:Increased by 324% from Q4 2023.\n• Workforce Reduction:Reduced by 28 employees, part of a plan to reduce headcount by 20% by end of 2024, expected to yield $13 million in annualized cash savings.\n• Total Q1 Revenue:$854.6 million.\n• Net Loss:$21.3 million for the quarter, resulting in a diluted loss of $1.86 per share.\n• Cash and Equivalents:Ended the quarter with $74.6 million in cash, cash equivalents, and available-for-sale securities.\n• Warning! GuruFocus has detected 3 Warning Signs with BKKT.\nRelease Date: May 15, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Revenue net of crypto services increased by 33% from Q1 last year, demonstrating strong growth.\n• Notional trading volume on the platform increased by 94% compared to the same period last year, indicating robust trading activity.\n• Operating expenses decreased by 16% versus Q1 last year due to effective cost restructuring initiatives.\n• Net loss improved by 53% year over year, and adjusted EBITDA loss decreased by approximately 44% year over year.\n• Assets under custody grew to a record $1.1 billion at the end of the first quarter, reflecting strong asset management performance.\n• Despite revenue growth, the company still reported a net loss, indicating ongoing challenges in achieving profitability.\n• A workforce reduction of 28 employees was implemented as part of cost restructuring, which could impact morale and operational efficiency.\n• The company's take rate decreased from 80 basis points in Q4 2023 to approximately 44 basis points in Q1 2024, reflecting lower profitability per transaction.\n• Crypto trading volumes are highly volatile, as evidenced by fluctuations in monthly trading volumes, which poses risks to stable revenue generation.\n• The company acknowledged a material weakness in internal controls related to the valuation of Class 1 and Class 2 warrants, raising concerns about financial governance.\nQ: As the United States embarks on a new era of Bitcoin and cryptocurrency advancements, how is Bakkt positioning itself at the forefront of this movement, particularly with the support of the Intercontinental Exchange and ultimately restoring confidence to shareholders?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt is focusing on expanding its client network, broadening its product offerings within the Bakkt ecosystem, primarily the anticipated institutional Bakkt X ECN offering, and enhancing cost management strategies. Having ICE's support and leveraging its infrastructure and market presence are crucial as Bakkt aims to lead in the evolving crypto landscape and deliver value to stakeholders.\nQ: Why did you pursue the reverse split so quickly after shareholder approval, when you had several months to regain good standing on the New York Stock Exchange?A: (Andy Main - CEO & President, Bakkt Holdings Inc) The goal was to promptly address compliance issues with the NYSE's minimum price requirements, stabilize the market perception of Bakkt's financial health, and open doors for institutional investors who may have minimum price requirements. This action is part of a broader strategy to secure the company's financial foundation and improve investor confidence.\nQ: Is your company exploring the possibility of collaborating with ICE to secure cryptocurrency custody business from the top four to five ETF providers? Additionally, what customer feedback do you undertake to successfully acquire businesses?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt aims to leverage ICE's infrastructure and market presence to develop robust customer solutions for institutional players. The focus is on enhancing technological capabilities, ensuring regulatory compliance, and building a product suite that meets the needs of large institutional clients. Strategic partnerships and product development are geared towards securing a significant market share in the institutional crypto markets.\nQ: Can you explain the increase in the estimate for the end of the year cash balance to 42 to 57 million euros? Is that mainly savings in OpEx and expense management or are there some non-OpEx factors involved?A: (Karen Alexander - CFO, Bakkt Holdings Inc) The increase is due to a combination of factors beyond operations, including adjustments for surety bond collaterals and cash related to the purchasing card facility. The expected cash balance reflects efficiencies from integrating regulated entities, reducing duplicate surety bond requirements, and an improved cash utilization rate towards the end of the year.\nQ: In an election year, how do you see the state of the union on the regulatory side, and how are you expecting things to evolve over the next 12 to 24 months? How is Bakkt positioning the business for a range of outcomes on the regulatory front?A: (Andy Main - CEO & President, Bakkt Holdings Inc) Bakkt is focused on compliance with NYDFS and SEC regulations, anticipating that the U.S. government will continue to support current crypto regulations and facilitate market entry for new licensees. The company remains optimistic about government support for the crypto sector, which will help the industry develop and flourish.\nQ: What are the main drivers behind the projected end-of-year cash balance increase, and how does this relate to Bakkt's operational strategies?A: (Karen Alexander - CFO, Bakkt Holdings Inc) The increase in the projected cash balance is driven by a combination of operational efficiencies, strategic expense management, and one-time adjustments. Bakkt's focus on reducing operating expenses and optimizing cash flow management is central to achieving these financial targets.\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\nThis article first appeared onGuruFocus.", "Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours. This surge was in response to the release of the US Consumer Price Index (CPI) data, which has implications for potential interest rate cuts in 2024.\nAccordingto the US Bureau of Labor Statistics (BLS), the Consumer Price Index for April came in at 0.3%, which is lower than the expected rate of 0.4%. The March CPI print was 0.4%, which saw a lower rate of increase for the last twelve months ending April for the index, coming in at 3.4%. Rising shelter and gasoline costs were the main contributors, responsible for “over seventy percent of the monthly increase in the index for all items.”\nMarket participants immediately began discussing the possibility of interest rate cuts by the Federal Reserve. Currently, traders are betting on a June rate cut probability of just 3.1%. The market anticipates that the first possible rate cut would occur in September, with a 53% probability,accordingto the CME’s FedWatch tool.\nBut how do rate cuts affect crypto prices?\nAlso Read:Rate Hikes and the Fed – How Do They Affect Crypto Markets?\nPositive inflows into spot Bitcoin ETFs have also played a role in boosting investor sentiment. On May 15, U.S. spot Bitcoin ETFs recorded a net inflow of over $153 million, with Bitwise’s BITB leading the way,accordingto Farside Investors. Grayscale’s Bitcoin Trust (GBTC), which has typically experienced outflows, surprisingly saw an inflow of $27 million. This comes after weeks of net outflows from spot Bitcoin ETFs, coinciding with the decline in Bitcoin’s price from its all-time highs of $73,750, reached on March 14. Further institutional appetite for Bitcoin investment products continues to grow, as evidenced by the State of Wisconsin Investment Board's disclosure of holding approximately $164 million in spot Bitcoin ETFs.", "Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours. This surge was in response to the release of the US Consumer Price Index (CPI) data, which has implications for potential interest rate cuts in 2024.\nAccordingto the US Bureau of Labor Statistics (BLS), the Consumer Price Index for April came in at 0.3%, which is lower than the expected rate of 0.4%. The March CPI print was 0.4%, which saw a lower rate of increase for the last twelve months ending April for the index, coming in at 3.4%. Rising shelter and gasoline costs were the main contributors, responsible for “over seventy percent of the monthly increase in the index for all items.”\nMarket participants immediately began discussing the possibility of interest rate cuts by the Federal Reserve. Currently, traders are betting on a June rate cut probability of just 3.1%. The market anticipates that the first possible rate cut would occur in September, with a 53% probability,accordingto the CME’s FedWatch tool.\nBut how do rate cuts affect crypto prices?\nAlso Read:Rate Hikes and the Fed – How Do They Affect Crypto Markets?\nPositive inflows into spot Bitcoin ETFs have also played a role in boosting investor sentiment. On May 15, U.S. spot Bitcoin ETFs recorded a net inflow of over $153 million, with Bitwise’s BITB leading the way,accordingto Farside Investors. Grayscale’s Bitcoin Trust (GBTC), which has typically experienced outflows, surprisingly saw an inflow of $27 million. This comes after weeks of net outflows from spot Bitcoin ETFs, coinciding with the decline in Bitcoin’s price from its all-time highs of $73,750, reached on March 14. Further institutional appetite for Bitcoin investment products continues to grow, as evidenced by the State of Wisconsin Investment Board's disclosure of holding approximately $164 million in spot Bitcoin ETFs.", "On May 15, the cryptocurrency market experienced a surge in total capitalization by 5.5% following the release of inflation and retail sales data from the United States. However,Ethereum (ETH)failed to fully benefit from this upward momentum. Bitcoin's (BTC) price surged over 7.5% over the last 24 hours to reach $66,190, outperforming Ethereum, which only gained 5% over the past 24 hours, and struggled to surpass the $3,000 resistance level.\nThe rally in the crypto markets was largely driven by U.S. macroeconomic data, particularly the consumer price index (CPI) data, whichrevealeda 3.4% year-over-year rise in April, aligning with market expectations. However, the retail sales data for April indicated stability compared to the previous month, contrary to economists' forecasts of a 0.4% increase. This unexpected result increased the likelihood of the U.S. Federal Reserve (Fed) implementing measures to stimulate the economy.\nSome analysts believe that the pending decision by the U.S. Securities and Exchange Commission (SEC) on May 23 regarding VanEck's spot Ethereum ETF application is a key factor influencing Ethereum's struggle to surpass the $3,000 resistance level. Traders are hesitant to make investment decisions until the outcome of the SEC decision becomes more certain. A rejection from the SEC could result in a short-term market correction, despite Ethereum's promising long-term prospects.\nEric Balchunas, a senior ETF analyst at Bloomberg,expresseddoubts about the approval of a spot Ethereum ETF in 2024, given the SEC's cautious approach toward products that may be classified as securities, especially those involving native staking services.\nThis skepticism is also reflected in the Ether derivatives markets. Currently, the Ether futures premium (basis rate) stands at 9%, indicating a lack of enthusiasm regarding the spot ETF decision and suggesting a neutral sentiment among traders. In the options market, there is a balance in the demand for call (buy) and put (sell) options, indicating uncertainty about Ethereum's future price direction.", 'There’s much to learn about cryptocurrency. Many will already have an understanding of how it works, and that Bitcoin is the world’s first – and largest – digital token.\nBut a lesser-known feature of Bitcoin is its “halving events”. There have been four halving events so far, with the most recent in April 2024 – and they can have a significant effect on its price.\nHere, Telegraph Money explains what halving is, and how you could use the next event to your advantage:\n• Bitcoin halving explained\n• What impact does halving have on price?\n• Should I take any action?\n• The risks of investing in crypto\n• Buying Bitcoin\nBitcoin halving does not affect the amount of Bitcoin in circulation, and therefore will not affect any holdings.\nInstead, it affects the “mining rewards”, reducing the frequency of new coins into the system.\nBitcoin is stored and exchanged securely through an online digital ledger, known as blockchain.\nThe people (or organisations) who “mine” Bitcoin race to solve complex mathematical puzzles to add a new “block” (unit of transaction data) to the chain.\nAs an incentive to participate in this process, they are then usuallyrewarded with a certain amount of Bitcoin.\nRather than being determined by dates, a halving event automatically happens when the number of blocks that the network has processed reaches 210,000.\nThe first Bitcoin halving took place on Nov 28, 2012, and saw the block reward drop from 50 Bitcoins to 25 Bitcoins. The second halving took place on July 9, 2016, and saw the block reward being cut from 25 Bitcoins to 12.5 Bitcoins. The third halving took place on May 11, 2020, and brought the mining rewards down from 12.5 Bitcoins to 6.25 Bitcoins.\nThe latest took place on April 19, 2024 and brought the mining rewards down from 6.25 Bitcoins to 3.125 Bitcoins.\nThe reason for halving events is that Bitcoin is finite. There will only ever be 21 million Bitcoin in existence – this was written into the code when it was first created. The halvings will continue until all Bitcoins have been brought into existence through the block rewards, which means it could take until the year 2140 to complete the mining.\nEach event, however, presents challenges for the profitability of miners, who face decreasing rewards for their efforts.\nHalvings lead to increased attention and speculation on the crypto world and how they will affect market value.\nThe events reduces the incentive for ‘bitcoin miners’ to continue their activities, this can create a supply shortfall if demand stays steady or increases. This has typically led to an increase in the price of Bitcoin.\nIn the month before the most recent halving event in April 2024, the price of Bitcoin hit an all-time high, rising past $69,000 (£54,353) for the first time in its history and surpassing the previous record reached in November 2021.\nHowever, price rises were partly prompted by a move in America to allow US securities firmsto launch ETFs that invest in Bitcoin, bringing cryptocurrencies further into mainstream investing.\nSince the US regulator the Securities and Exchange Commission (SEC) authorised the first spot Bitcoin ETFs in January, several funds have been launched including ETFs from major brands such as BlackRock, Fidelity and Invesco.\nAfter the previous Bitcoin halving in May 2020, the cryptocurrency market went on a bull run, with the price of Bitcoin increasing fivefold in the next calendar year.\nThe limited number of Bitcoins that can enter circulation makes them a so-called “scarce asset”, which for some people is enough to make them valuable.\nSimon Peters, cryptocurrency market analyst at investment platform eToro said: “The cap on the number of Bitcoins is actually less than 21 million. This number is closer to 17 million because so many have been lost on hard drives and memory sticks where investors have mined their own Bitcoin or taken it into custody themselves, rather than holding it via a platform.\n“Scarce assets, such as crypto, property and gold, are attractive to investors because generally they increase in value. The halving events in crypto mean there are known price changes coming, with the peak increases coming around 12-18 months after such an event. The squeeze on supply has definitely had an impact, though there are many other factors to prices with crypto being a global asset.”\nCryptocurrency marketsare notoriously difficult to predictwith big price swings occurring, sometimes without much warning. Timing an investment is a full-time job and even then it’s impossible for a professional to know exactly where the market is going.\nAs a halving event approaches, existing investors could consider offloading some Bitcoin if they needed to raise cash for something or wanted to take profits.\nBut again, you need to factor in that cryptocurrency prices are extremely volatile and unpredictable so you can’t bank on prices rising as they have done in the past as external, wider economic factors count.\nDon’t forget that there are tax implications of selling off Bitcoin, which should be a consideration in terms of timing. Cryptocurrency is treated as a form of investment, and regulated in a similar way to stocks and shares.\nAs such, profits on selling some or all of your crypto holdings will triggercapital gains tax(CGT) over and above the £3,000 annual CGT allowance.\nIn December HM Revenue and Customs (HMRC) launched a voluntary disclosure campaign, encouraging investors who had not declared any gains from crypto assets to come forward and pay up.\nWhile a furore around a halving event will create heightened expectation and momentum surrounding Bitcoin trading, remember to invest wisely and not get caught up in the hype.\nRemind yourself of the risks, which include that cryptocurrencies are not regulated by the Financial Conduct Authority (FCA), so buyers have no protection under the Financial Services Compensation Scheme which covers losses up to £85,000 on fully regulated accounts and investment products including pensions.\nIt also means crypto investors cannot complain to the Financial Ombudsman Service to settle any claims of unfair practice.\nFraud is also rifewithin cryptocurrency trading. In Britain alone, losses to crypto fraud jumped by more than 40pc in the 12 months to March 2023, taking the estimated total losses to in excess of £300m, according to analysis of data from the Office for National Statistics by law firm RPC.\nThe FCA is clamping down on the advertising surrounding crypto and the use of so-called “finfluencers” who take to social media to promote fraudulent schemes.\nAs long as you’re comfortable with the risks, you can purchase Bitcoin – and other cryptocurrencies – from online exchanges, which make it easy to buy and sell from your smartphone, tablet or computer.\nUK cryptocurrency exchanges include Coinbase, Robinhood, Gemini and eToro. They will either charge a percentage of a trade or a fixed fee, though some offer free trades. There might also be a subscription option where you pay a regular sum and trades are free.\nAt eToro you’ll pay 1pc for buying and selling Bitcoin, but at Robinhood there’s no fee.\nThere might also be an account minimum so make sure you check the terms, though this tends to be low at around $10.\nSome offer incentives when you open an account, such as free tokens, but don’t let that determine your choice. The terms of service and the charges are more important than freebies.\nYou’ll need to add funds to your account before you’re able to start trading, usually using a credit or debit card or bank transfer.\nYour Bitcoin – or cryptocurrency of choice – can be stored in a digital wallet on the platform. You can also transfer it onto your hard drive.\nCrypto can also be bought directly from individuals via marketplaces.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', 'There’s much to learn about cryptocurrency. Many will already have an understanding of how it works, and that Bitcoin is the world’s first – and largest – digital token.\nBut a lesser-known feature of Bitcoin is its “halving events”. There have been four halving events so far, with the most recent in April 2024 – and they can have a significant effect on its price.\nHere, Telegraph Money explains what halving is, and how you could use the next event to your advantage:\n• Bitcoin halving explained\n• What impact does halving have on price?\n• Should I take any action?\n• The risks of investing in crypto\n• Buying Bitcoin\nBitcoin halving does not affect the amount of Bitcoin in circulation, and therefore will not affect any holdings.\nInstead, it affects the “mining rewards”, reducing the frequency of new coins into the system.\nBitcoin is stored and exchanged securely through an online digital ledger, known as blockchain.\nThe people (or organisations) who “mine” Bitcoin race to solve complex mathematical puzzles to add a new “block” (unit of transaction data) to the chain.\nAs an incentive to participate in this process, they are then usuallyrewarded with a certain amount of Bitcoin.\nRather than being determined by dates, a halving event automatically happens when the number of blocks that the network has processed reaches 210,000.\nThe first Bitcoin halving took place on Nov 28, 2012, and saw the block reward drop from 50 Bitcoins to 25 Bitcoins. The second halving took place on July 9, 2016, and saw the block reward being cut from 25 Bitcoins to 12.5 Bitcoins. The third halving took place on May 11, 2020, and brought the mining rewards down from 12.5 Bitcoins to 6.25 Bitcoins.\nThe latest took place on April 19, 2024 and brought the mining rewards down from 6.25 Bitcoins to 3.125 Bitcoins.\nThe reason for halving events is that Bitcoin is finite. There will only ever be 21 million Bitcoin in existence – this was written into the code when it was first created. The halvings will continue until all Bitcoins have been brought into existence through the block rewards, which means it could take until the year 2140 to complete the mining.\nEach event, however, presents challenges for the profitability of miners, who face decreasing rewards for their efforts.\nHalvings lead to increased attention and speculation on the crypto world and how they will affect market value.\nThe events reduces the incentive for ‘bitcoin miners’ to continue their activities, this can create a supply shortfall if demand stays steady or increases. This has typically led to an increase in the price of Bitcoin.\nIn the month before the most recent halving event in April 2024, the price of Bitcoin hit an all-time high, rising past $69,000 (£54,353) for the first time in its history and surpassing the previous record reached in November 2021.\nHowever, price rises were partly prompted by a move in America to allow US securities firmsto launch ETFs that invest in Bitcoin, bringing cryptocurrencies further into mainstream investing.\nSince the US regulator the Securities and Exchange Commission (SEC) authorised the first spot Bitcoin ETFs in January, several funds have been launched including ETFs from major brands such as BlackRock, Fidelity and Invesco.\nAfter the previous Bitcoin halving in May 2020, the cryptocurrency market went on a bull run, with the price of Bitcoin increasing fivefold in the next calendar year.\nThe limited number of Bitcoins that can enter circulation makes them a so-called “scarce asset”, which for some people is enough to make them valuable.\nSimon Peters, cryptocurrency market analyst at investment platform eToro said: “The cap on the number of Bitcoins is actually less than 21 million. This number is closer to 17 million because so many have been lost on hard drives and memory sticks where investors have mined their own Bitcoin or taken it into custody themselves, rather than holding it via a platform.\n“Scarce assets, such as crypto, property and gold, are attractive to investors because generally they increase in value. The halving events in crypto mean there are known price changes coming, with the peak increases coming around 12-18 months after such an event. The squeeze on supply has definitely had an impact, though there are many other factors to prices with crypto being a global asset.”\nCryptocurrency marketsare notoriously difficult to predictwith big price swings occurring, sometimes without much warning. Timing an investment is a full-time job and even then it’s impossible for a professional to know exactly where the market is going.\nAs a halving event approaches, existing investors could consider offloading some Bitcoin if they needed to raise cash for something or wanted to take profits.\nBut again, you need to factor in that cryptocurrency prices are extremely volatile and unpredictable so you can’t bank on prices rising as they have done in the past as external, wider economic factors count.\nDon’t forget that there are tax implications of selling off Bitcoin, which should be a consideration in terms of timing. Cryptocurrency is treated as a form of investment, and regulated in a similar way to stocks and shares.\nAs such, profits on selling some or all of your crypto holdings will triggercapital gains tax(CGT) over and above the £3,000 annual CGT allowance.\nIn December HM Revenue and Customs (HMRC) launched a voluntary disclosure campaign, encouraging investors who had not declared any gains from crypto assets to come forward and pay up.\nWhile a furore around a halving event will create heightened expectation and momentum surrounding Bitcoin trading, remember to invest wisely and not get caught up in the hype.\nRemind yourself of the risks, which include that cryptocurrencies are not regulated by the Financial Conduct Authority (FCA), so buyers have no protection under the Financial Services Compensation Scheme which covers losses up to £85,000 on fully regulated accounts and investment products including pensions.\nIt also means crypto investors cannot complain to the Financial Ombudsman Service to settle any claims of unfair practice.\nFraud is also rifewithin cryptocurrency trading. In Britain alone, losses to crypto fraud jumped by more than 40pc in the 12 months to March 2023, taking the estimated total losses to in excess of £300m, according to analysis of data from the Office for National Statistics by law firm RPC.\nThe FCA is clamping down on the advertising surrounding crypto and the use of so-called “finfluencers” who take to social media to promote fraudulent schemes.\nAs long as you’re comfortable with the risks, you can purchase Bitcoin – and other cryptocurrencies – from online exchanges, which make it easy to buy and sell from your smartphone, tablet or computer.\nUK cryptocurrency exchanges include Coinbase, Robinhood, Gemini and eToro. They will either charge a percentage of a trade or a fixed fee, though some offer free trades. There might also be a subscription option where you pay a regular sum and trades are free.\nAt eToro you’ll pay 1pc for buying and selling Bitcoin, but at Robinhood there’s no fee.\nThere might also be an account minimum so make sure you check the terms, though this tends to be low at around $10.\nSome offer incentives when you open an account, such as free tokens, but don’t let that determine your choice. The terms of service and the charges are more important than freebies.\nYou’ll need to add funds to your account before you’re able to start trading, usually using a credit or debit card or bank transfer.\nYour Bitcoin – or cryptocurrency of choice – can be stored in a digital wallet on the platform. You can also transfer it onto your hard drive.\nCrypto can also be bought directly from individuals via marketplaces.\nBroaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.', '• 10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading.\n• CME is one of the top bitcoin futures exchanges by open interest.\nFutures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, theFinancial Times reportedon Thursday.\nCME is already the top bitcoin futures exchange by open interest, while offshore, non-regulated Binance dominates the spot market.\nThe exchange has held discussions with traders who want to trade bitcoin on a regulated marketplace, the FT reported, citing people with direct knowledge of the talks.\nCME\'s spot trading business could be run through the EBS currency trading venue in Switzerland, the report added.\nThe exchange did not want to comment on the report.\nThe spot market will complement the CME’s existing standard and micro futures contracts, which are widely considered a proxy for institutional activity, and help the exchange become more dominant in the crypto market. The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market. Coinbase (COIN), the only U.S. traded crypto exchange, is No. 3 by daily trading volume.\nThe availability of the spot market means traders can now set up complex multi-leg strategies involving spot and futures markets in one regulated place.Carry tradersare known to short CME futures against long spot market positions on other exchanges or in spot ETFs.\n“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues," Markus Thielen, founder of 10x Research, said.\nUPDATE (May 16, 07:20 UTC):Adds additional details.\nUPDATE (May 16, 08:19 UTC):Adds Coinbase in sixth paragraph.', '• 10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading.\n• CME is one of the top bitcoin futures exchanges by open interest.\nFutures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, theFinancial Times reportedon Thursday.\nCME is already the top bitcoin futures exchange by open interest, while offshore, non-regulated Binance dominates the spot market.\nThe exchange has held discussions with traders who want to trade bitcoin on a regulated marketplace, the FT reported, citing people with direct knowledge of the talks.\nCME\'s spot trading business could be run through the EBS currency trading venue in Switzerland, the report added.\nThe exchange did not want to comment on the report.\nThe spot market will complement the CME’s existing standard and micro futures contracts, which are widely considered a proxy for institutional activity, and help the exchange become more dominant in the crypto market. The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market. Coinbase (COIN), the only U.S. traded crypto exchange, is No. 3 by daily trading volume.\nThe availability of the spot market means traders can now set up complex multi-leg strategies involving spot and futures markets in one regulated place.Carry tradersare known to short CME futures against long spot market positions on other exchanges or in spot ETFs.\n“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues," Markus Thielen, founder of 10x Research, said.\nUPDATE (May 16, 07:20 UTC):Adds additional details.\nUPDATE (May 16, 08:19 UTC):Adds Coinbase in sixth paragraph.', "(Reuters) - CME Group, the world's largest futures exchange operator, plans to launch bitcoin trading to expand its portfolio, the Financial Times reported on Thursday.\nThe Chicago-headquartered exchange has been holding discussions with traders who want to buy and sell bitcoin on a regulated marketplace, the newspaper said, citing three people with direct knowledge of the talks.\nHowever, FT said that the plan has not yet been finalised.\nCME declined to comment on the report and said it does not respond to rumours or speculations.\nBitcoin hit a record high in March, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.\nCME has hosted trading in bitcoin futures since 2017, making it one of the first exchanges to do so, along with rival CBOE. It also offers global benchmark products across major asset classes, including futures and options.\n(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sonia Cheema)", "• Bitcoin’s price could reach $74,000 in the coming weeks amid softer U.S. inflation figures and institutional demand, which favors riskier assets.\n• Large asset managers like Millennium and Schonfeld have invested in bitcoin spot ETFs, indicating growing institutional interest.\n• Selling pressure from short-term is easing, some on-chain analysts said in a Thursday report.\nBullish sentiment for riskier assets following soft inflation figures could propel bitcoin {{BTC}} prices toward the $74,000 mark in the coming days as institutional demand continues to grow, Singapore-based QCP Capital said in a note early Thursday.\nThe softer-than-expected U.S. Consumer Price Index (CPI) rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggering a breakout for BTC. The asset regained the $66,000 mark for the first time since April and posted its biggestsingle-day gain since March Last 60 Days of Bitcoin's Closing Prices: [68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-16 Financial & Commodity Data: - Gold Closing Price: $2380.00 - Crude Oil Closing Price: $79.23 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,305,632,092,219 - Hash Rate: 586932456.1118613 - Transaction Count: 476659.0 - Unique Addresses: 494221.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New York City, NY, April 19, 2024 (GLOBE NEWSWIRE) -- As the cryptocurrency landscape constantly evolves, investors and market observers are closely monitoring several key developments that could shape the sector's future. Among these are Bitcoin's upcoming halving event, Ethereum's current price fluctuations due to significant whale activity, and the rise of new players likeFurrever Token(FURR), which seeks to carve out a niche with its unique approach and potential high returns. JPMorgan Cautions Against Expecting a Bitcoin Rally Post-Halving Event As the cryptocurrency community braces for this year’s Bitcoin halving event, scheduled around April 19-20, JPMorgan has issued a less than optimistic forecast. Contrary to the significant price surges that followed previous halvings, the banking giant predicts that Bitcoin might not only fail to rally but could potentially see a decline in value. In the past, Bitcoin halvings have been pivotal moments that typically led to bullish market behavior. The process involves halving the reward for mining Bitcoin transactions, thereby reducing the rate at which new Bitcoins are generated. This mechanism serves as a counter to inflation within the Bitcoin ecosystem. Historically, such events have boosted the cryptocurrency's market price significantly within a year of occurrence. For instance, after the 2012 halving, Bitcoin's price increased from $12 to $135 over the next 300 days. However, this year's scenario presents a unique backdrop. According to JPMorgan’s analysis, the current market conditions are "overbought". Bitcoin's price, hovering around $61,200, is well above the $45,000 mark when adjusted for volatility in comparison with gold. This elevated baseline, combined with the peak price reached a month before the halving—a first in Bitcoin’s history—suggests a different outcome might be unfolding this time around. Adding to the cautious outlook, Goldman Sachs has also advised prudence. The firm highlighted the unpredictable macroeconomic factors currently at play, which could influence Bitcoin's performance differently compared to past cycles. Despite previous patterns of price appreciation post-halving, Goldman Sachs warns against assuming similar outcomes this year, given the distinct global economic conditions. This tempered expectation marks a significant shift in sentiment among financial giants regarding the crypto market's behavior following the halving. As the event nears, the cryptocurrency community and investors are keeping a watchful eye, prepared for a range of possibilities that diverge from the historical norm. Ethereum Price Volatility Continues as ICO Whale Offloads Significant ETH Holdings The Ethereum market is currently experiencing heightened volatility, underscored by a recent 4% drop in price amid broader crypto market fluctuations. This latest dip has triggered a wave of speculation about the future price movements of Ethereum. Key to the current market unrest is the activity of an ICO whale who has significantly reduced their holdings, selling off 2,000 ETH for 6 million USDC at a rate of $2,997 each. This move comes after additional transactions where the same whale offloaded 5,110 ETH on various platforms, with the price per ETH approximately at $2,545. Despite this large-scale sell-off, the whale still possesses about 29,700 ETH, which currently values approximately $89.4 million, held primarily across staking platforms. Adding to the market’s unease, Whale Alert has flagged more Ethereum moving towards exchanges. Notably, an unknown wallet transferred 10,806 ETH to Coinbase, worth roughly $32.13 million, followed by another transaction of 10,726 ETH to the same exchange, valued at around $31.90 million. These substantial movements to a major exchange like Coinbase are raising alarms about potential further increases in Ethereum’s price volatility. However, amid these concerns, some analysts maintain a cautious optimism, buoyed by positive developments such as the recent approval of Bitcoin and Ethereum ETFs in Hong Kong, which may indicate a rebound or stabilization in the market soon. Moreover, with the cryptocurrency community looking forward to the upcoming Bitcoin Halving event, there is anticipation that this might also spur positive movements in Ethereum's price. As the situation develops, Ethereum's current trading price stands at $2,978.31, marking a decrease of 3.45% from the previous day, with a trading volume that has risen by 10.77% in the last 24 hours. Despite this, Ethereum's price has seen a substantial 16% decline over the past week and an 18% drop over the last month, highlighting the ongoing uncertainty and the speculative nature of the crypto market. Furrever Token Emerges as a Strong Contender Against Established Cryptocurrencies In the competitive world of cryptocurrencies,Furrever Token(FURR)is carving out a niche for itself with a current price of $0.000564 and promising features that could potentially outperform major players like Solana (SOL) and Toncoin (TON). What sets Furrever Token apart is its unique appeal rooted in the universal love for cute kitties, aiming to create a delightful and engaging experience for its users. The charm of Furrever Token extends beyond its cat-themed aesthetics, encompassing a range of stickers, emojis, and visuals that enhance the user interface. This strategy not only enriches the community experience but also strengthens the bond among its members, fostering a welcoming and inclusive environment. Operating on the BNB-20 blockchain, the Furrever Token is designed with favorable tokenomics. About 65% of its tokens were made available during the presale, with the remainder distributed between decentralized exchanges (DEXs) and the development team. This distribution strategy promotes fairness and ensures the longevity and stability of the project. Financially, Furrever Token is not just about the novelty; it offers significant return potential, boasting up to 15X returns which highlights its attractiveness as an investment. To secure its platform and user investments, the token has undergone rigorous audits, emphasizing its commitment to security and compliance. The project’s dedication is further evidenced by its active community engagement and transparent communication, critical factors that contribute to its growing legitimacy and appeal as an investment. As Furrever Token continues to evolve and attract attention in the crypto market, its innovative integration of fun elements with serious financial prospects positions it as a formidable alternative to well-established cryptocurrencies like Solana and Toncoin. With strong community support and distinctive features, Furrever Token is poised to make a significant impact on the future landscape of cryptocurrency. For further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams. Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website\|Visit Furrever Token PresaleJoin Official Telegram Group\|Follow Official X Account Media Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Robert Smith support at furrevertoken.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks turned lower and closed in the red on Thursday after the Dow briefly crossing 40,000 for the first time.\n• Markets are feeling optimistic after April inflation data was cooler than expected.\n• The S&P 500 failed to extend its gains after closing at a record high on Wednesday.\nStocks finished lower on Thursday, with indexes giving back gains from earlier in the day after the Dow Jones Industrial Average crossed 40,000 for the first time during the session.\nThe Dow failed to close above the key threshold, and the S&P 500 struggled to consolidate gains after hitting a record close on Wednesday. Markets were feeling upbeat after Wednesday\'s consumer price index data showed inflation rising at a slower pace in April, but some Federal Reserve speakers indicated on Thursday that there was still no rush to lower interest rates.\nRichmond Fed President Tom Barkin pointed to sticky services sector inflation, while earlier in the day New York Fed President John Williams told Reuters that he believes policy is "in a good place."\n"To get to 2% sustainably in the right kind of way, I just think it\'s going to take a little bit more time," Barkin told CNBC.\nBroadly, the Fed speakers on Thursday painted a picture of a central bank in no hurry to pivot as inflation remains above its 2% target. Rate cut bets were little changed on Thursday, with the market still seeing the strongest odds for the first cut in September.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,297.10, down 0.2%\n• Dow Jones Industrial Average:39,869.38, down 0.1% (39 points)\n• Nasdaq Composite:16,698.32, down 0.3%\nHere\'s what else is going on today:\n• Jamie Dimon says inflation is worsethan people think and a soft landing is a long shot.\n• The US isn\'t facing a stagflation threateven as growth slows, according to Bank of America.\n• Reddit users are questioning whether Keith Gillis the one post the memes that ignited the GameStop rally this week.\n• Investors shouldn\'t be clamoring for rate cutsthis summer, market vet Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.8% to $79.28 a barrel.Brent crude, the international benchmark, ticked higher 0.7% to $83.35 a barrel.\n• Golddipped 0.4% to $2,384 per ounce.\n• The 10-year Treasury yield rose two basis points to 4.383%.\n• Bitcoinwas down 1.2% to trade at $65,269.\nRead the original article onBusiness Insider', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", '• Coinbase said ether has the potential to surprise to the upside in the coming months.\n• The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said.\n• The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund.\nEther {{ETH}} has underperformed the broader crypto market this year, but its long-term positioning remains strong and it has the potential to surprise to the upside, Coinbase (COIN) said in a research report on Wednesday.\nThe second-largest cryptocurrency by market value has risen 29% year-to-date, less than two-thirds the surge its larger rival bitcoin {{BTC}} which has gained 50%. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has advanced 28%.\n"Ether may have the potential to surprise to the upside in the coming months," the report said, noting that the cryptocurrency does not have "major sources of supply side overhangs" such as token unlocks or pressure created by miners\' sales.\n"To the contrary, both staking and layer 2 growth have proven to be meaningful and growing sinks of ETH Liquidity," wrote analyst David Han. "ETH\'s position as the center ofdecentralized finance(DeFi) is also unlikely to be displaced in our view due to the widespread adoption of the Ethereum Virtual Machine (EVM) and its layer 2 innovations."\nTheEVMis the Ethereum blockchain\'s native processing system that allows developers to create smart contracts and lets nodes interact with them.Layer 2sare separate blockchains built on top oflayer 1s, or the base layer, that reduce bottlenecks with scaling and data.\nMoreover, the importance of potential spot U.S. ether exchange-traded funds (ETFs) cannot be understated. "We think the market may be underestimating the timing and odds of a potential approval, which leaves room for surprises to the upside," Coinbase said\n"Even if the first deadline of May 23, 2024 encounters a rejection, we think there is a high likelihood that litigation could reverse that decision," the note said. "In the interim, we believe the structural demand drivers for ETH as well as the technological innovations within its ecosystem will enable it to continue straddling across multiple narratives."\nRead more:Ethereum Developers Target Ease of Crypto Wallets WIth \'EIP-3074\'', 'LAS VEGAS, May 17, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240517078732/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'LAS VEGAS, May 17, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum") mined approximately 89 Bitcoin in April 2024. Of this total, approximately 46 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 43 Bitcoin having been mined using the miners hosted by Core Scientific, Inc.\nWilliam B. Horne, Chief Executive Officer of Ault Alliance, stated, "The Company recently announced that Sentinum has now installed the first miners at one of its two Montana mining locations. We are excited with the progress we are making and are looking forward to bringing our power costs down as well as focusing on profitable mining operations after the recent Bitcoin halving."\nAult Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company makes no prediction with respect to the price of Bitcoin after the recent halving at any time in the future but is prepared to adjust its mining operations as it deems appropriate.\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240517078732/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', 'The meme stock season seems to be back.Novavax(NASDAQ:NVAX) has surged over 200% in the last month, with big gains coming in a few trading days.GameStop(NYSE:GME) stock has also skyrocketed more than 290% in the last month. These are just two examples and speak volumes about the ferocity of the rally. Of course, I would not look at these overbought ideas, but I would certainly consider somememe stocksto buy if there is a broad market correction.\nAn important point to note is that GDP growth in the U.S. has decelerated in Q1 2024. There are reasons for the market to feed nervous if the first-rate cut is delayed — there could be a deep price correction.\nHowever, any such correction would be a good opportunity to buy meme stocks. Rate cuts are inevitable, and easy money policies tend to support speculative activity across asset classes. So, I believe a bigger meme stock rally might be on the cards a few quarters down the line. Let’s discuss the meme stocks to buy for stellar returns.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: rafapress / Shutterstock.com\nRiot Platforms(NASDAQ:RIOT) stock has been subdued in the last 12 months. However, the meme stock looks attractive at a forward price-earnings ratio of 22. I expect a big breakout on the upside in the coming quarters on the back of positive business developments.\nThe first point to note is that Riot ended Q1 2024 with acash buffer(includingBitcoin(BTC-USD) holdings) of $1.3 billion. Further, with a zero-debt balance sheet, the company has high financial flexibility to pursue aggressive growth.\nIt’s also worth noting that the company has set an ambitious target of increasing hash rate capacity from 12.4 EH/s in Q1 2024 to 31.5 EH/s by the end of the year. If Bitcoin remains in an uptrend, this expansion will translate into stellar revenue and EBITDA growth.\nI must add that Riot plans to increase capacity to 100 EH/s by 2027. With these positives, it’s surprising the RIOT stock has remained sideways. It’s a golden opportunity to accumulate before the stock skyrockets.\nSource: T. Schneider / Shutterstock.com\nPlug Power(NASDAQ:PLUG) stock has witnessed a rally of around 50% from 52-week lows. However, PLUG stock has plunged in the last few quarters and remains attractive even after the recent rally. If the stock is depressed due to broad market sentiments, it would be a good opportunity to accumulate.\nThe company also has a big new catalyst likely to drive the stock higher. The company recently announced a commitment by the U.S. Department of Energy for a conditional loan of $1.66 billion. PLUG would utilize the loan to “finance thedevelopment,construction and ownership of up to six green hydrogen production facilities.”\nWhile Plug Power had ambitious expansion plans, funding and execution were the main challenges. The commitment from the U.S. DoE is likely to alleviate the concerns. However, I would still look at PLUG stock as a trading bet rather than an investment opportunity. Blue-chip companies are making big investments in the hydrogen economy. I prefer to stick to those ideas from a long-term investment perspective.\nSource: viewimage / Shutterstock.com\nI would like to remind investors thatTilray Brands(NASDAQ:TLRY) stock was trading below $5 at the beginning of October 2020. When Biden assumed power, TLRY stock skyrocketed above $60 in February 2021. With the presidential election around the corner and cannabis likely to be a hot topic of discussion, I would hold TLRY stock.\nFrom a business perspective, Tilray focused on diversification last year. Backed by acquisitions, the Tilray is the fifth largest craft beer manufacturer in the United States. Presence in the U.S. also provides a strong strategic infrastructure for aggressive expansion in the scenario of federal-level legalization of cannabis.\nEven in the cannabis segment, Tilray has been reporting healthy growth. For Q3 2024,global cannabis net revenueincreased by 33% on a year-on-year basis. With Tilray having a presence in the medicinal and recreational cannabis business, the addressable market is significant. Therefore, I expect healthy growth to sustain, coupled with gradual EBITDA margin expansion.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Must-Buy Meme Stocks When Prices Plungeappeared first onInvestorPlace.', "New York City, NY, May 17, 2024 (GLOBE NEWSWIRE) --\nThe crypto market is buzzing with excitement as Bitcoin experiences a 1.5% rise, signaling strong momentum for the leading cryptocurrency. Meanwhile, Ethereum is on the cusp of a significant breakthrough, with analysts predicting it could soon reach the $5,000 mark. Amid these developments, a new and captivating player,Furrever Token, is emerging as a potential game-changer in the crypto space. Combining the charm of cat-themed content with blockchain technology, Furrever Token offers a unique investment opportunity with the promise of astronomical returns. As Bitcoin and Ethereum continue to capture headlines, don't overlook the irresistible appeal and innovative potential of Furrever Token—the next big thing in cryptocurrency.\nBitcoin Surges 2%: Institutional Investments in Bitcoin ETFs Skyrocket\nBitcoin (BTC) is currently trading at around $65,738.46, experiencing a nearly 2% increase since yesterday. Over the past week, more than 600 firms have disclosed substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings with the United States Securities and Exchange Commission (SEC).\nAccording to the filing data, professional investment firms have reported owning $3.5 billion worth of Bitcoin ETFs. Major players include Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada, and hedge funds like Millennium Management and Schonfeld Strategic Advisors.\nMillennium Management leads the pack with $1.9 billion invested across various Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). Schonfeld Strategic Advisors follows with a $479 million investment, primarily in BlackRock’s and Fidelity’s funds. Boothbay Fund Management and Pine Ridge Advisers have also declared significant holdings in spot Bitcoin ETFs.\nMorgan Stanley stands out with a $269.9 million investment in the Grayscale Bitcoin Trust (GBTC), making it one of the largest holders. Other notable investors include Aristeia Capital, Graham Capital Management, CRCM, and Fortress Investment Group, each with substantial investments in IBIT.\nSpot Bitcoin ETFs, which launched in January, saw massive demand in the first three months. Despite a recent slowdown in inflows, the sustained interest from hundreds of financial institutions underscores the growing institutional confidence in Bitcoin’s potential. As Bitcoin’s price continues to rise, these substantial investments highlight the increasing mainstream acceptance and adoption of the leading cryptocurrency.\nEthereum's Potential Surge Amid SEC Decision Anticipation\nEthereum (ETH) currently trades at around $2,950.80, down 0.5% from yesterday but poised for a potential short-term bullish surge after a five-day stagnation. This momentum is fueled by discussions on declining revenue on the ETH Mainnet and the looming SEC decision on spot ETH ETFs.\nOpinions are divided on the SEC's verdict for VanEck's spot ETF application due May 23. Nate Geraci of ETF Store believes rejection is unlikely, citing past ETH futures ETF approvals and staking option removals. However, some speculate denial due to ongoing Ethereum security classification investigations.\nSEC scrutiny began in April 2023, yet ETH futures ETFs were approved in September, highlighting regulatory complexity. Ethereum now aims to surpass $3,000, facing resistance at $3,103 and $3,161. Short-term bullish sentiment is evident, with ETH long liquidations decreasing, open interest rising to 1.97%, and anticipation of increased price volatility pre-SEC decision.\nFurrever Token: Analysts Predict the Next Big Thing in Crypto\nFurrever Token (FURR) is capturing the attention of the crypto world, with analysts predicting it could be the next big thing. Built on the BNB-20 blockchain, Furrever Token stands out by combining blockchain technology with the universal appeal of cute cat imagery. This unique approach transforms everyday crypto interactions into delightful experiences, featuring charming cat-themed stickers, emojis, and visuals that enhance user engagement.\nOne of the key features driving interest in Furrever Token is its engaging community challenges. These regular events encourage users to share their love for cuteness and participate in fun activities, fostering a warm and inclusive community atmosphere. The project also promises future exclusive content, ensuring that the community remains excited and engaged with new and delightful surprises.\nSecurity and compliance are top priorities for Furrever Token. The smart contract has been audited by Securi Lab, providing a safe and trustworthy platform for all users. Additionally, the team’s tokens are locked for a year, demonstrating a commitment to the project’s longevity and stability.\nFurrever Token's impressive tokenomics include a total supply of 9 billion tokens, with 65% allocated for presale, 25% for DEX allocation, and 10% for the team. The presale has already raised over $1.1 million, nearing the end of its stages and aiming to raise $1.9 million. With a current price of $0.000648, Furrever Token offers an attractive entry point for investors.\nMoreover, Furrever Token has launched a $20,000 Highest Total Buys Competition, where 10 lucky winners will share the prize. The competition runs until May 27, 2024, providing an additional incentive for new investors to join the community.\nFurrever Token has gained organic growth with nearly 4,000 members in its active Telegram channel. This growing community and the project's innovative approach position Furrever Token as a promising investment opportunity, blending the charm of cats with the potential of cryptocurrency for unparalleled rewards. Don't miss out on being part of this adorable revolution in the crypto world!Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/support (at) furrevertoken.comDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", "New York City, NY, May 17, 2024 (GLOBE NEWSWIRE) --\nThe crypto market is buzzing with excitement as Bitcoin experiences a 1.5% rise, signaling strong momentum for the leading cryptocurrency. Meanwhile, Ethereum is on the cusp of a significant breakthrough, with analysts predicting it could soon reach the $5,000 mark. Amid these developments, a new and captivating player,Furrever Token, is emerging as a potential game-changer in the crypto space. Combining the charm of cat-themed content with blockchain technology, Furrever Token offers a unique investment opportunity with the promise of astronomical returns. As Bitcoin and Ethereum continue to capture headlines, don't overlook the irresistible appeal and innovative potential of Furrever Token—the next big thing in cryptocurrency.\nBitcoin Surges 2%: Institutional Investments in Bitcoin ETFs Skyrocket\nBitcoin (BTC) is currently trading at around $65,738.46, experiencing a nearly 2% increase since yesterday. Over the past week, more than 600 firms have disclosed substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings with the United States Securities and Exchange Commission (SEC).\nAccording to the filing data, professional investment firms have reported owning $3.5 billion worth of Bitcoin ETFs. Major players include Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada, and hedge funds like Millennium Management and Schonfeld Strategic Advisors.\nMillennium Management leads the pack with $1.9 billion invested across various Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). Schonfeld Strategic Advisors follows with a $479 million investment, primarily in BlackRock’s and Fidelity’s funds. Boothbay Fund Management and Pine Ridge Advisers have also declared significant holdings in spot Bitcoin ETFs.\nMorgan Stanley stands out with a $269.9 million investment in the Grayscale Bitcoin Trust (GBTC), making it one of the largest holders. Other notable investors include Aristeia Capital, Graham Capital Management, CRCM, and Fortress Investment Group, each with substantial investments in IBIT.\nSpot Bitcoin ETFs, which launched in January, saw massive demand in the first three months. Despite a recent slowdown in inflows, the sustained interest from hundreds of financial institutions underscores the growing institutional confidence in Bitcoin’s potential. As Bitcoin’s price continues to rise, these substantial investments highlight the increasing mainstream acceptance and adoption of the leading cryptocurrency.\nEthereum's Potential Surge Amid SEC Decision Anticipation\nEthereum (ETH) currently trades at around $2,950.80, down 0.5% from yesterday but poised for a potential short-term bullish surge after a five-day stagnation. This momentum is fueled by discussions on declining revenue on the ETH Mainnet and the looming SEC decision on spot ETH ETFs.\nOpinions are divided on the SEC's verdict for VanEck's spot ETF application due May 23. Nate Geraci of ETF Store believes rejection is unlikely, citing past ETH futures ETF approvals and staking option removals. However, some speculate denial due to ongoing Ethereum security classification investigations.\nSEC scrutiny began in April 2023, yet ETH futures ETFs were approved in September, highlighting regulatory complexity. Ethereum now aims to surpass $3,000, facing resistance at $3,103 and $3,161. Short-term bullish sentiment is evident, with ETH long liquidations decreasing, open interest rising to 1.97%, and anticipation of increased price volatility pre-SEC decision.\nFurrever Token: Analysts Predict the Next Big Thing in Crypto\nFurrever Token (FURR) is capturing the attention of the crypto world, with analysts predicting it could be the next big thing. Built on the BNB-20 blockchain, Furrever Token stands out by combining blockchain technology with the universal appeal of cute cat imagery. This unique approach transforms everyday crypto interactions into delightful experiences, featuring charming cat-themed stickers, emojis, and visuals that enhance user engagement.\nOne of the key features driving interest in Furrever Token is its engaging community challenges. These regular events encourage users to share their love for cuteness and participate in fun activities, fostering a warm and inclusive community atmosphere. The project also promises future exclusive content, ensuring that the community remains excited and engaged with new and delightful surprises.\nSecurity and compliance are top priorities for Furrever Token. The smart contract has been audited by Securi Lab, providing a safe and trustworthy platform for all users. Additionally, the team’s tokens are locked for a year, demonstrating a commitment to the project’s longevity and stability.\nFurrever Token's impressive tokenomics include a total supply of 9 billion tokens, with 65% allocated for presale, 25% for DEX allocation, and 10% for the team. The presale has already raised over $1.1 million, nearing the end of its stages and aiming to raise $1.9 million. With a current price of $0.000648, Furrever Token offers an attractive entry point for investors.\nMoreover, Furrever Token has launched a $20,000 Highest Total Buys Competition, where 10 lucky winners will share the prize. The competition runs until May 27, 2024, providing an additional incentive for new investors to join the community.\nFurrever Token has gained organic growth with nearly 4,000 members in its active Telegram channel. This growing community and the project's innovative approach position Furrever Token as a promising investment opportunity, blending the charm of cats with the potential of cryptocurrency for unparalleled rewards. Don't miss out on being part of this adorable revolution in the crypto world!Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/support (at) furrevertoken.comDisclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support (at) furrevertoken.com", 'Joltz Unlocks New Possibilities with their Wallet and SDK, bringing a new era of builders to theBitcoinecosystem.\nSAN FRANCISCO, CA,May 17, 2024/PRNewswire/ - Joltz has launched its new wallet and SDK, notably the world\'s first non-custodialBitcoinwallet supporting the cutting-edgeTaproot Assetsprotocol. This marks a significant advancement in the Web3 landscape and builds on the momentum recently sparked by innovations likeOrdinals, which have demonstrated considerable market demand forBitcoin-based applications. Taproot Assets makeBitcoin- and theLightning Network- a multi-asset network, and Joltz\'s latest offering is paving the way for a new era of scalable use cases onBitcoin, including stablecoins, whose$150Bmarket capitalization has largely eludedBitcoinhistorically in favor of other blockchains.\nIn addition, Taproot Assets can also power other types of use cases, including novel types of rewards and user incentives. For example, Joltz enables businesses to reward users with branded loyalty tokens backed by either BTC or stablecoins, all with immense scalability and speed viaLightning. This transformative technology empowers businesses to offer more engaging and valuable reward experiences, leveraging the security and efficiency of the latest innovations built onBitcoin. According toIan Major, Co-founder of Joltz Rewards:\n"We\'re thrilled about the release. The wallet SDK is a culmination of technology that combines best-in-class security and usability while unlocking brand new use cases onBitcointhat haven\'t been possible before."\nAccording to the team at Joltz, loyalty and rewards seemed like a necessary place to start when considering what technical solutions could be improved by the Lighting Network. In a world where most loyalty programs lose brands money or barely break even, and most customers experience friction in being unable to spend or transfer points easily, Joltz\'s founders realized, "Bitcoinfixes this!" Building their solution onBitcoinnegates both of these issues and more. Joltz Wallet is not only the first non-custodial wallet that supportsBitcoinandTaproot Assets, but it is designed to be user-friendly and sets Joltz apart from other solutions. Furthermore, by releasing the Joltz SDK, Joltz provides a robust framework for businesses to seamlessly integrateBitcoinand Taproot Asset functionality into their existing platforms. This duo of pivotal releases from Joltz has the potential to revolutionize how companies engage with their users.\nUnlike traditional loyalty systems and point structures, which oftenlose value over time,Bitcoinrewards represent a real, tangible asset with the upside, for both brand and consumer, of potential appreciation. This seismic shift in loyalty systems can empower consumers while aligning with the modern expectations of reward programs in a way that rewards all parties involved. According to, once again, Co-FounderIan Major,\n"Not only are you giving consumers more purchasing power that makes it more likely that the business is going to get that next purchase, but the business is going to benefit from that through new customer acquisition by being an early adopter."\nJoltz is changing how businesses and consumers consider their relationship withBitcoinand the Lighting ecosystem while striving to redefine how businesses reward customer loyalty. By leveraging the Lighting network and making Taproot Assets more accessible through its wallet and SDK infrastructure, Joltz is introducing a new era of use cases built onBitcointhat prioritizes transparency, security, and consumer value.\nAbout Joltz\nJoltz unlocks theBitcoineconomy by building industry-leadingBitcoin, Lightning Network, and Taproot Asset tools and infrastructure. Its focus is user-friendly solutions, making complex infrastructures, like Taproot Assets, more accessible.\nAbout Joltz Wallet\nJoltz Wallet makes it easy for end users to engage with new use cases onBitcoin, including stablecoins, loyalty rewards, and more. As the world\'s first non-custodial wallet supporting the cutting-edge Taproot Assets protocol, Joltz Wallet provides an accessible way to experienceBitcoinlike never before.\nAbout Joltz SDK\nThe Joltz SDK provides developers with an accessible \'plug-and-play\' solution to add support for Taproot Assets to their applications. Developed by Lightning Labs, the Taproot Assets protocol makesBitcoinand its L2 the Lightning Network, a multi-asset network, allowing for cheaper, faster transactions on BTC.\nLINKS:\n➔\xa0\xa0\xa0\xa0 Explore theJoltz Wallet➔\xa0\xa0\xa0\xa0 Learn more about Joltz SDKhere➔\xa0\xa0\xa0\xa0 Keep up with Joltz on their X / Twitter@Joltz_btc\nView original content to download multimedia:https://www.prnewswire.com/news-releases/joltz-launches-wallet-and-sdk-making-taproot-assets-accessible-to-all-302148700.html\nSOURCE Joltz', "• Bitcoin could potentially surpass its all-time highs of $74,000 as early as next week due to increasing institutional demand and risk appetite for assets.\n• The U.S.-listed spot exchange-traded funds (ETFs) tracking Bitcoin have seen four straight days of inflows, with BlackRock's IBIT receiving $94 million on Thursday, signaling a shift in investment sentiment.\nInstitutional demand and rising appetite for risk assets could cause bitcoin to breach all-time highs of $74,000 as early as next week, some traders say.\n“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs.\n“A test of the $71K-$74K highs area, in our view, could happen as early as early next week, triggering a new episode of FOMO,” Kuptsikevich.\nSingapore-based QCP Capital gave out similar price targets in a client note earlier this week.\nSuch bullish outlooks come as U.S.-listed spot exchange-traded funds (ETFs) tracking the asset have logged four straight days of inflows,ending Thursday at $257 millionin net inflows. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows on some days.\nBlackRock’s IBIT received $94 million in inflows on Thursday, the largest among peers. GrayScale’s GBTC, which has mostly seen outflows since its January listing, received over $4.6 million in inflows.\nEarlier this week,multiple regulatory filings showedthat several big-name funds, such as Millennium Management and Elliot Capital, held millions worth of bitcoin ETFs in their portfolios.\nThe softer-than-expected US Consumer Price Index (CPI), which rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggered a break out of the range for BTC on Wednesday. The asset regained the $66,000 mark for the first time since April and posted its biggest single-day gain since March.", "• Bitcoin could potentially surpass its all-time highs of $74,000 as early as next week due to increasing institutional demand and risk appetite for assets.\n• The U.S.-listed spot exchange-traded funds (ETFs) tracking Bitcoin have seen four straight days of inflows, with BlackRock's IBIT receiving $94 million on Thursday, signaling a shift in investment sentiment.\nInstitutional demand and rising appetite for risk assets could cause bitcoin to breach all-time highs of $74,000 as early as next week, some traders say.\n“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs.\n“A test of the $71K-$74K highs area, in our view, could happen as early as early next week, triggering a new episode of FOMO,” Kuptsikevich.\nSingapore-based QCP Capital gave out similar price targets in a client note earlier this week.\nSuch bullish outlooks come as U.S.-listed spot exchange-traded funds (ETFs) tracking the asset have logged four straight days of inflows,ending Thursday at $257 millionin net inflows. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows on some days.\nBlackRock’s IBIT received $94 million in inflows on Thursday, the largest among peers. GrayScale’s GBTC, which has mostly seen outflows since its January listing, received over $4.6 million in inflows.\nEarlier this week,multiple regulatory filings showedthat several big-name funds, such as Millennium Management and Elliot Capital, held millions worth of bitcoin ETFs in their portfolios.\nThe softer-than-expected US Consumer Price Index (CPI), which rose 0.3% versus 0.4% in March amid economist forecasts for 0.4%, triggered a break out of the range for BTC on Wednesday. The asset regained the $66,000 mark for the first time since April and posted its biggest single-day gain since March.", "Over the course of its 15-year history,Bitcoin(CRYPTO: BTC)is up more than 18,000% and has made plenty of millionaires along the way. But what aboutspot Bitcoin ETFs?\nApproved by the U.S. Securities and Exchange Commission in January 2024, the 11 spot Bitcoin ETFs now available to investors make investing in Bitcoin as easy as buying a stock through your favorite brokerage. Gone are the days of having to navigate complex crypto exchanges and digital wallets.\nNow investors can give their portfolios the exposure to Bitcoin's unique millionaire-making abilities by simply buying an exchange-traded fund. But before doing so, it's crucial to understand what makes these ETFs differ from each other -- and which one is the best option to help you reach millionaire status as Bitcoin continues its journey of price appreciation.\nSince the spot Bitcoin ETFs track Bitcoin's price, in the same way that gold ETFs track the price of gold, the chances of reaching millionaire status rely on Bitcoin's ability to continue growing. Fortunately, its inherent characteristics should make the cryptocurrency more valuable with time.\nWhile an exploration of Bitcoin's unique qualities that promote price appreciation over time are a topic for another day, investors should keep in mind that Bitcoin is still in its early stages of adoption, with many analyses suggesting it is in a similar position to the early days of the internet. Well-known Bitcoin analyst Willy Woo sees as much wealth-creating value in this moment as internet investors experienced after the turn of the millennium.\nIn addition, now that the spot Bitcoin ETFs have been approved, deep-pocketed institutional investors that were previously sidelined from the Bitcoin market have entered the game. This means that even more pressure will be placed on Bitcoin's finite supply.\nEven though buying Bitcoin itself would be the best way to capitalize on its future growth, the ETFs are still a viable option to help you reach millionaire status. However, if doing so, there are a few other things to keep in mind.\nIt might sound simple. If Bitcoin goes up, then so will the ETFs. However, there is an additional factor that comes into play -- fees.\nEach Bitcoin ETF is provided by a company. And since these firms are in the money-making business, they charge fees for their services. These fees may seem small, but for the investor aiming to become a millionaire, they can't be overlooked.\nToday, the 11 different spot Bitcoin ETFs trade with a range of fees. The lowest isFranklin Templeton Digital Holding Trust(NYSEMKT: EZBC)at 0.19%. The highest isGrayscale Bitcoin Trust(NYSEMKT: GBTC)at 1.5%.\nLet's use a hypothetical scenario to compare the ef Last 60 Days of Bitcoin's Closing Prices: [67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-17 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,291,887,471,750 - Hash Rate: 640665709.1361867 - Transaction Count: 573492.0 - Unique Addresses: 514199.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy ONETMUsers can ask for AI-powered insights in natural language without relying on a dashboard, making it simple to incorporate business intelligence into every business decision TYSONS CORNER, Va., March 26, 2024--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the release of MicroStrategy AutoTM, the customizable AI bot that offers a faster, simpler way to deliver business intelligence to anyone in an organization. Auto is the latest enhancement toMicroStrategy AITM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data. Auto AI Bot – Analytics for Everyone Lightweight and embeddable, Auto can be deployed as a stand-alone app in theMicroStrategy ONElibrary or embedded into third-party applications. It also offers complete customization to tailor its appearance, language style, and level of detail. And because it’s powered by generative AI, users can interact with the bot using natural language. As a result, Auto removes barriers to fast, effective decision-making by making applications smarter and putting enterprise analytics in the hands of users no matter what skill level or application they’re using. There’s no need to use a complex dashboard to get insights, and users can ask for information in ordinary language, making it effortless to incorporate business intelligence into business decision-making. Auto dramatically increases productivity and effectiveness for data consumers and data creators alike. For example, sales representatives in the field can quickly access detailed analytics on customer production volume or product failure rates with a single question to Auto during client negotiations. For data analysts, Auto eliminates many ad-hoc requests for report or dashboard enhancements by making end users more self-sufficient. With backlog reduced, data analysts can spend more time on projects that add strategic value to the organization. "We think using MicroStrategy AI will unlock huge value by providing a variety of users with deeper insights that previously required more clicks and more granularity to understand; it’s powerful for user self-service," said Nena Pidskalny, Director of Supply Chain Strategy and Planning for Federated Co-operatives Limited. Building on a Solid Generative AI Foundation MicroStrategy AI includes preconfigured applications ofAutofor specific uses, such as Auto SQL for automating SQL generation, Auto Dashboard for dynamically building dashboards from conversational queries, and Auto Answers for streamlining support queries within MicroStrategy ONE. MicroStrategy AI makes it easy for any user, regardless of analytic skill level, to interact with data using natural language. "Our modern cloud architecture, proven semantic graph, and robust APIs gave us the agility to lead the market with a solution that combines the latest generative AI with trusted BI," said Saurabh Abhyankar, Chief Product Officer at MicroStrategy. "And now, with Auto added to MicroStrategy AI, we’re enabling customers to build and deploy custom AI bots in minutes. But this is just the beginning. We have dozens of new features underway for MicroStrategy AI that will help every organization capitalize on our vision for Intelligence Everywhere." About MicroStrategy Incorporated MicroStrategy (Nasdaq: MSTR) considers itself the world’s first Bitcoin development company. The MicroStrategy software business develops and provides industry-leading AI-powered enterprise analytics software that promotes our vision of Intelligence EverywhereTM. Our flagship cloud-native platform, MicroStrategy ONE, is trusted by the most admired brands in the Fortune Global 500 to drive business agility, efficiency, and revenue. We also use our software development capabilities to develop Bitcoin applications. We believe the combination of our operating structure, bitcoin strategy and focus on technology innovation provides a unique opportunity for value creation. MicroStrategy, MicroStrategy AI, MicroStrategy Auto, MicroStrategy ONE, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. For more information, please visitMicroStrategy Marketplace listingor contactMicroStrategy. View source version on businesswire.com:https://www.businesswire.com/news/home/20240326000411/en/ Contacts MicroStrategy IncorporatedBarbara DorfVice President, Brand and [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['By Dietrich Knauth\nNEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.\nU.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.\nCrypto prices have risen sharply since Genesis filed for bankruptcy, and DCG and Genesis disagreed over who should benefit from the rise in prices. Bitcoin, for example, was worth $21,084 in January 2023, compared with its current price of $67,000.\nLane rejected DCG\'s objection, ruling that even if customer claims were capped at the lower prices, Genesis would have to pay many other creditors, including federal and state financial regulators that had asserted $32 billion in claims, before it was able to give money to its equity owner DCG.\n"There are nowhere near enough assets to provide any recovery to DCG in these cases," Lane wrote.\nGenesis is paying customers back in crypto where possible, but it does not have enough cryptocurrency to give back everything it owes.\nGenesis attorney Sean O\'Neal said Friday that the company disagreed with DCG\'s assertion that customers could be paid "in full" based on the lower cryptocurrency prices in January 2023.\n"We don\'t buy into the idea that claims are capped at the petition date value," O\'Neal said.\nGenesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.\nDCG could not immediately be reached for comment late Friday.\n(Reporting by Dietrich Knauth; Editing by Sandra Maler and Leslie Adler)', '• US stocks traded mostly higher on Friday, with all 3 major indices sitting just below record highs.\n• A cool April CPI report buoyed hopes of Fed interest rate cuts later this year.\n• Investors will look to see if the gains can spill over into next week, which is set to be a busy one for AI developments.\nThe Dow Jones Industrial Average closed above 40,000 for the first time on Friday, closing out a strong week of gains fueled by upbeat inflation data midweek.\nThe index secured the closing milestone after briefly crossing it earlier in the week before sinking back down. Rate cut optimism fueled the gains for the week, withApril\'s consumer price index dataproviding the first positive news on the inflation front all year.\nThe S&P 500 rose about 1.5% for the week, buoyed by solid earnings results from consumer giant Walmart and anApril CPI report that showed cooling inflation.That CPI report boosted investor hopes that the Federal Reserve will cut interest rates later this year.\nInvestors will look to see if the stock market records can extend into next week, which is set to be a busy one for AI developments.\nMicrosoft will host multiple AI events, showcasing its newest hardware and software products, while Nvidia is set to report its first-quarter earnings results after the market close on Wednesday.\nFundstrat\'s Tom Lee said investors should keep buying stocks even with the recent record highs in stocks, as he expects more AI developments to push stock prices higher.\n"Overall, we expect these events/earnings to reinforce the improving visibility and capabilities of AI and the related spending. And as a consequence, will be an overall positive for Technology stocks and the broader market," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,303.30, up 0.12%\n• Dow Jones Industrial Average:40,004.35, up 0.34% (\n• Nasdaq composite:16,685.97 up 0.07%\nHere\'s what else happened today:\n• JPMorgan CEO Jamie Dimon warned that inflation is worse than people thinkand that the stock market is too optimistic about a soft landing.\n• BlackRock\'s global chief investment officer Rick Rieder said that in order to tame inflation further,the Fed might actually want to cut interest rates.\n• Billionaire investor Stanley Druckenmiller slashed his Nvidia stake by 72% last quarterand made a massive bet on small cap stocks.\n• The world\'s top golfer Scottie Scheffler was detained by police Friday morningoutside of the Louisville golf course that is hosting the PGA Championship.\n• A top OpenAI executive resigned from the company and warned aboutthe importance of preventing the development of dangerous AI technologies.\n• GameStop stock plunged on Friday after the company said it would sell up to 45 million sharesto raise cash and warned about a big drop in its first-quarter revenue.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.04% to $79.56 a barrel.Brent crude, the international benchmark, rose 0.84% to $83.97 a barrel.\n• Goldedged higher by 1.48% to $2,420.70 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.42%.\n• Bitcoinjumped 2.60% to $66,945.\nRead the original article onBusiness Insider', "Nangeng Zhang; Chairman of the Board, Chief Executive Officer; Canaan Inc\nJames Cheng; Chief Financial Officer; Canaan Inc\nKevin Dede; Analyst; H.C. Wainwright\nShuang Sun; Analyst; Guosheng Securities\nOperator\nLadies and gentlemen, thank you for standing by, and welcome to Canaan Inc's first quarter of 2024 earnings conference call. (Operator Instructions) Please note that this event is being recorded.The company's financial and operating results released by the newswire services earlier today and are currently available online. The company has also prepared a presentation for today's call. You may view the presentation and navigate through the slides and the webcast page for the first quarter 2024 earnings call on the company's IR website.Joining us today, Canaan Inc's Chairman and CEO, Mr. Nangeng Zhang; and CFO, Jin Cheng James. In addition, Mr. Leo Wang, Head of Capital Markets; Ms. Xi Zhang, IR Manager, will also be available during the question-and-answer session. Mr. Zhang will start the call by providing an overview of the Company and performance highlights for the quarter. Mr. Cheng will then provide details on the Company's operating and financial results for the period, before we open the call up for your questions.Before we continue, I would like to refer you to our safe harbour statement in our earnings press released. Today's call will include forward-looking statements. These statements include but are not limited to our outlook for the Company and statements that estimate or project future results of operations or the performance of the Company.These statements speak only as of the date hereof and the Company assumes no obligation to revise any forward-looking statements that may be made in today's press release, call or webcast, except as required by law. These statements do not guarantee future performance and are subject to risks, uncertainties and assumptions.Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our most recent annual report on Form 20-F for information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements.In addition, during today's call, and webcast, we will discuss both GAAP financial measures and certain non-GAAP financial measures, which we believe are useful as supplemental measures of the Company's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results in our earnings press release, which is posted on the company's website.And with that, I will turn the call over to our Chairman and CEO, Mr. Nangeng Zhang. Please go ahead, sir.\nNangeng Zhang\nHello, everyone. This is NG, CEO of Canaan. Thank you for joining our conference call. Our CFO, James and I are at the company's headquarters in Singapore to share our quarterly results with you. The first quarter of 2024 was the last quarter before Bitcoins fourth halving. During the Q4 of 2023 earnings call, I forecasted this to be a Super Wait-and-See Period. Based on the past experience in the last quarter before halving in Bitcoin systems, miners typically waits for the halving to actually occur and the market dynamics become stable before adjusting their investments and mining purchasing plans.They also tried to maintain the stable operation of the existing computing power to maximize the remaining value of their equipment. Therefore, transactions during this period are generally very flat. The only variable was a rapid fluctuation in bitcoin price during this quarter, reaching a historical high of USD33,000. We seized this opportunity to make maximum efforts in sales activities, selling a total computing power of 3.4 million tera hash per second, and achieving a total revenue of USD35 million, surpassing previous expectations.At the same time, participating our market recovery will continue to proactively prepare ROS expects in including the mass production of new products and R&D integration of next-generation products. Striving to improve mining operations and a complete power deployment, we maintain the close cooperation with our foundry partners on the supply side. Playing out compacity, the ones for the bull market, our efforts have yielded positive results.Now let me share with you one-by-one. In terms of research and development, we are delighted to announce that we officially launched our company's new generation of mining machine. So A15 series, as Bitcoin Asia 2024 in Hong Kong on May 9. So A15 series adopt more advanced designs and process nodes, achieving significant improvements in both computer and power and energy efficiency compared to the previous generation.At the event, we showcased the A1566 engineering prototyping machine with actual computing power exceeding 185 tera hash per second and energy efficiency better than 18.5 joules per tera hash. The machine operated very stably, demonstrating excellent performance. We believe that A15 series, will become more competitive product to choice in the post halving computing power market.Meanwhile, this quarter, our A14 products have entered mass production and delivery. Through close collaboration with Florida partners, we have completed compacity ramp-ups and yielded with improvements this quarter. As we entered the second quarter, A14 serious products have become concentrated delivery and will transition to support sales in the third quarter. We will continue to monitor the pace of compacity, locking US capital into mass production and amidst order delivery needs.Additionally, the R&D of our next-generation product the A16 series is proceeding as planned. This quarter, we once again introduced products to the consumer market. So Avalon Nano 3 mining heater, this product with its portable and light weight design under various colours, received active contract orders from consumer market since its launch.We continue to provide the customers with more diverse and customized products in the comprehensive mining solutions, such as integrated mining container products. We have received positive feedback from customers regarding products performance, durability and the service quality. In terms of mining machine sales, this quarter we heated 3.4 million tera hash per second of computing power, reflecting the wait and see attitude towards purchasing sports mining machine before the halving.Additionally, as we transition through product integrations, we have completed the first batch delivery of our A14 per sale orders in the first quarter and are now accelerating mass production deliveries. Since the presale on-shelf A14 product in late 2023, [days] has continued to be popular, by the end of the first quarter. Customer advances primarily driven by A14 products amounted to about USD39 million, nearly double to USD19.6 million at the end of 2023.After the successful completion of halving in the second quarter, we have seen a significant increase in purchasing inquiries and expect to receive more customer advances. Our A15 series products made their official debut at Bitcoin Asia, 2024 in Hong Kong on May 9. And within three days after the summit on May 12th, we signed MOUs and received earliest deposits from 26 customers, which we are currently following up on forming contract sales.Over the past few years, the company has established presales coverage in markets with energy cost advantages. After the halving, customers in this market continue to show active interest in our traditional models. Based on the current situation, we are optimistic about the sales pace of A13 spot inventory and expect to complete the transaction of mainstream products for sales in the third quarter of this year.Additionally, in North America, where institutional miners are concentrated, we are working to enhance brand and product recognition. Besides various cooperation with public traded companies such as Cipher and Stronghold, this quarter we also signed an agreement with Marathon Digital for the first time, at the Bitcoin industry conference in Dubai and Hong Kong this year, we actively discussed cooperation opportunities within institutional and distributor customers.In Southeast Asia, distributor customers generate sales revenue of USD5.7 million for the quarter, up by 27% sequentially, making a stable contribution to sales orders. Our online store, for overseas retail clients, continues to diligently serve each customer, especially after the launch of the consumer-oriented mining machine, Avalon Nano 3, which has attracted active orders from individual e-services and current orders of near 10,000 units. Occasionally selling out.The company’s comprehensive mining solutions also received more orders this quarter. By the end of the first quarter, our mining business installed a computing power increased to 3.8 Exahash as per second, a nearly 100% growth quarter-over-quarter. The growth is primarily due to our continued partnership adjustments and the recovery efforts in Kazakhstan after obtaining the necessary licenses, as well as the progressive deployment of mining cooperation projects in other regions, further diversifying our mining operations.During this quarter, the energization condition was favourable and with the combined impact of the rapid increase of Bitcoin price from January to March as well as the rise in transaction fee rewards, we achieved mining revenue exceeding USD10 million this quarter. By the end of Q1, the number of bitcoins held by the company increased by 148, surpassing 1,000 for the first time to reach 1,057 bitcoins, with a current market value of over USD65 million. We will continue to carefully balance policy stability and location advantages of energy costs and persist in cultivating our mining business.Since the first quarter, the company has continued to improve as overall operational level by pushing forward and adopting flexible sales and sales strategies. We have made good progress in clearing out inventory, significantly reducing the inventory levels on the balance sheet, we’re also optimizing the inventory mix, coupled with gradual collection of accounts receivable. Sales -- cash inflows have continued to improve.As the number and the value of bitcoin held by the company increased, this portion of currency assets will provide us with substantial, potential liquidity safeguard. While maintaining an overall robust balance sheet and keeping cash at a safe level, we endeavour to direct cash towards mass production. This is reflected in increased prepayments, primarily used for securing production capacity of advanced processing technologies. On the expense side, the organization's optimizations made previously showed further positive effects in the first quarter.As part of overall market conditions this quarter, the Company continues to implement pricing strategies to drive sales, which has resulted in some inventory write-downs. However, the overall net loss of this quarter has. So the news is that it's narrow.Since the first quarter, apart from the previously disclosed USD50 million settlements of preferred stock, the company has not engaged in any other financing activities, including ATM offerings. In line with routine practice for US listed companies, our new shelf registration statement was submitted to the SEC just before the expiration of the [last one] to maintain the validity of our financing eligibility.Looking ahead of the second and third quarter of 2024, our A14 mining machines have successfully passed through the stages of transition to mass production, compacity ramp-up and yield rate improvement. Entering the phase of accelerated buck delivery. Regarding our mining operations, post halving, we are evaluating and adjusting our existing mining projects. Recently, especially after the official launch of new A1566 product, there has been a significant increase in inquiries for mining machine sales. And we have already received several earnest deposits.Now we are swiftly advancing the shipment for [Proco] machines, aiming to convert these intentional orders into actual sales contracts as quickly as possible. Based on our -- my personal experience in the weeks following the halving, miners will gradually start their computing power purchases preparing for the new full year cycle. This process will also initially reflect in volumes and our supply and the dynamic shift, computing power prices expected to recover more quickly. However, we need to note that the Fed’s interest rate cut cycle has not yet begun, resulting in high financing costs for miners and there's uncertainty regarding the timing of bitcoin price increases, posting challenges to the industry.Based on the comprehensive situation described above, we maintain a cautiously optimistic outlook for the second and third quarters of 2024. For the second quarter of 2024, the company expects total revenue to be approximately USD70 million. For third quarter of 2024, the company expects total revenue to be approximately USD70 million. This forecast is based on the current market and operational conditions of the company, and actual results may vary.Overall, the period leading up to the 2024 bitcoin halving, including entire first quarter for the super wait-and-see season for the mining machine market. However, we also witnessed many positive changes within the industry and at the company’s level. At the beginning of 2024, the Bitcoin spot ETFs was approved for listing by the US SEC. And by the end of April, the Hong Kong Stock Exchange approved the listing of multiple currencies for ETFs. These milestone events will further encourage traditional finance to participate in bitcoin’s development. By the end of the first quarter, the price of bitcoin reached a new all-time high of USD73,000.On April 20, the Bitcoin trading system, which has been operating smoothly for 15 years, completed its fourth halving schedule, starting a new four-year cycle. This series of events confirm that the Bitcoin trading system has formed a strong consensus and continuously expanding its user base, forming a closer connection with traditional finance, all of which indicates a broader potential of industry growth. Looking at the underlying operation of Bitcoin trading system, with the smooth completion of halving, we anticipate that on one hand, existing miner will face a new wave of equipment upgrades.On the other hand, as the bitcoin price stabilizes and increase after halving, more miners are expected to join the mining activities, which will significantly boost the demand for computing power. However, due to the limited production compacity on bitcoin computing power supply side, the shift in supply and demand relationships may potentially drive the prices of computing power.Company’s A14 products are being delivered successfully and the new A15 series products have debut and opened for pre-sales. And our one-stop comprehensive mining solutions and Avalon Nano 3 products are being brought to market, they are gradually gaining recognition for more customers.On the product side, the company is addressing to the world’s needs of different customers with a richer and more efficient selection of products. At the same time, we continue to lock in production compacity on the supply side with advanced process and comprehensively reach customers at a sales level.Recently, the company’s management, including myself, announced a proposed ownership expansion plan. We are very confident in seizing the market opportunities driven by the certain demand of hash rate, continuously supporting the bitcoin network with our computing power and creating long-term value for our shareholders.This concludes my prepared remarks. Thank you, everyone. I will now turn the call over to our CFO James. Thank you.\nJames Cheng\nThank you, NG, and good day, everyone. This is James speaking at our Singapore headquarters. As NG started at the top of the call, this quarter was a super wait-and-see period that occurs every four years, as the last complete quarter before the halving event of this point.Despite the subdued market, we continue to execute our strategy. First, we were committed to wafer capacity investments and R&D activities of new generation machines. This allowed us to deliver A14 series since April, to upgrade our products achieving breakthroughs in A15 series and to enrich our product portfolio with Avalon Nano 3 and integrated mining solutions.Secondly, we enhanced the flexible and multichannel sales strategy to enable us accelerate destocking of existing products and accumulate contract sales orders for A14 series. Thirdly, we adhered to our own mining strategy, continued to expand the mining deployment and strive for operation excellence.Last but not least, we continued to manage cash in a prudent way and streamline our expenses to make sure strategical tickets be prioritized. Let’s start the introduction from profit and loss. Q1 total revenue was USD35 million, which beat our guidance by USD2 million or 6%.Our revenue from machine sales was USD23 million, and our mining revenue was USD10 million. Regarding our machine sales, we delivered a total computing power sold of 3.4 million terahash per second, representing a year-over-year decrease of 20% and a quarter over quarter decrease of 38%.And the average selling price decreased from $8.2 per terahash per second in quarter for to $6.9 per terahash per second in quarter one, coupled with the multiple factors, including before halving the New Year and the Lunar New Year, the market demand in this quarter was quite weak, and we could only sell current inventory of older generation products. These factors lead to the decreases of our computing power sold and average selling price.From sales side, we were committed to execute a multichannel sales strategy. Our distribution channels in Southeast Asia performing in a good way, contributing USD5.7 million to our total quarter one revenue, representing a 27% sequential growth.We continue to gain from Southeast Asia region after moving headquarters to Singapore and developing distribution channel in different countries like Thailand, Malaysia and Indonesia. I’d like to discuss the orders and the revenue of our integrated mining solutions, which diversified our product revenue streams.In quarter one, we received the customer payments of USD4.9 million from purchase orders for our integrated mining solutions. These orders are gradually delivered, therefore USD0.2 million was recognized in quarter one revenue, the remaining USD4.7 million will be delivered in quarter two and it contributes to our quarter two revenue.Specifically, for our mining machine sales, we accrued USD47.5 million for inventories write-down, prepayment write-down and a provision for inventory purchase commitments in this quarter. Representing a 14% decrease sequentially. The decrease was driven by accelerated de-stocking in this quarter.Those non-cash write-downs and provisions are made under US GAAP rules, jeopardizing our gross profit but do not impact our cash status. If the above write-downs and provisions were excluded, we would have a gross profit of USD0.1 million for mining machine sales.Turning to our mining businesses. Our mining revenue increased 182% quarter over quarter. We mined 195 bitcoins in this quarter, an increase of 92% over the last quarter. The increases were not only driven by increases in bitcoin prices but also by increases in our energized hash rate. Our average revenue per bitcoin in quarter one increased 47% over the last quarter from almost USD37,000 to almost USD54,000.Our energized computing power in Kazakhstan recovered to 1.1 exahash in quarter one. We also further expanded our mining business in Africa increasing our energized hash rate to 0.9 exahash. At the end of quarter one, our energized hash rate totalled 3.0 exahash per second, increasing 58% over the last quarter.Our mining profit was 121 bitcoins, which increased 250% compared to the last quarter. Gross profit doubled quarter-over-quarter to USD3.5 million for our mining business. Please note here that mining profit or loss is defined as money revenues in net of costs for energy and hosting, but without consideration of depreciation for the deployed machines.Now turning to expenses. Our operating expenses totalled USD31 million, decreasing 19% year-over-year and 22% quarter-over-quarter, respectively. Staff costs including share-based compensation, decreased 27% year-over-year and 11% quarter-over-quarter, driven by organizational optimization performed in quarter four last year.As the bitcoin price rose, no further impairment for our self-mining machine was accrued in this quarter, which reduced the operating expenses by USD6 million compared to the last quarter. I want to point out that we chose to early adopt the FASB new accounting rules on cryptocurrency assets since January 1, 2024, which allow crypto currencies to be carried at their fair market value.According to this accounting rules, the cumulative effect of USD19 million was recorded to the opening balance of our retained earnings. As the bitcoin price increased from USD42,000 on January 1, 2024 to USD70,000 on March 31, 2024 again on fair value change of USD33 million was recognized in our quarter one profit and loss.As the second tranche of preferred shares was issued in January, we recognized the remaining unconverted preferred shares as a liability and recorded a non-cash gain on fair value of USD2 million according to US accounting rules compared to a non-cash loss of USD10.9 million in quarter four.Benefiting from the narrowed gross loss, the lower expenses and again from the fair value change of cryptocurrency and the financial instruments, quarter one net loss was USD39 million, narrowing 72% quarter-over-quarter and 53% year-over-year.Turning to our balance sheet and cash flow. In quarter one, we generated USD48 million of cash inflows from sales, received USD50 million from preferred shares financing facilities and USD10 million from export VAT refunds. We paid USD88 million to secure our wafer supply and USD61 million for production and operation.Our increasing investment in wafer supply is aimed at enabling the concentrated delivery and spot sales of our A14 series product in the following quarters. Consequently, at the end of quarter one, we held cash and cash equivalents of USD55 million on our balance sheet.Now moving on to our contract liability. Our A14 series has continued to be popular since the presale beginning in late 2023. The balance of contract advances reached USD39 million as of this quarter end, nearly doubled from USD19.5 million at the end of the last quarter.As of the end of quarter one, we recorded account receivable of USD1.6 million a decrease of 45% compared to the last year end. We will continuously evaluate market demand and adopt corresponding credit policies with caution.Now turning our attention to our bitcoin assets. The bitcoins we held as our own holding assets kept growing in this quarter and reached a record high of 1,057 bitcoins as of March 31 which is 148 more than the 9,009 at the end of last year.As previously mentioned, we adopted the FASB new rules effective January 1, 2024. On March 31, the fair value of our owned bitcoins totalled USD75 million. Combined our balance of cash and owned bitcoins demonstrated approximately USD130 million of liquidity.Turning to our fund raising. In early January 2024, we closed the second tranche of our preferred share financing, raising total net proceeds of USD49.9 million. This has been reported in the previous quarterly release. After that, we have not done any fundraising.We expect our quarter two revenues to be USD70 million and quarter three revenues to be USD70 million, respectively. We are glad to see that our A14 products are being successfully delivered. The new A15 series products have debuted and opened up for pre-sales and our one-stop comprehensive mining solutions and Avalon Nano 3 products are gaining recognition from more customers.We will continue to address the diverse needs of our varied customers with a richer and more efficient selection of products. This concludes our prepared remarks. We are now open for questions.\nOperator\nThank you. We will now begin the question-and-answer session. (Operator Instructions)Kevin Dede, H.C. Wainwright.\nKevin Dede\nHi James -- Yes, hi, NG and James, thank you very much for having me on the call. Can you hear me okay?\nJames Cheng\nYes.\nNangeng Zhang\nYeah.\nKevin Dede\nGreat. Okay. So NG right off the bat, I'm going to apologize because my first question is long and a little convoluted, but I think you'll understand where I'm going and I know you gave me a great answer. So I'm wondering how these all these factors combine together.Number one, we have many Canaan new products coming to market. We have the A14 and we have A15 coming soon and the A16 in R&D. So I'm wondering how you balance product cycles against the fact that liquid cool machines tend to last longer and semiconductor improvements are incrementally less from process geometry change to process geometry change.\nNangeng Zhang\nYeah. Good morning, Kevin. I think in the terms of our major product series, we are still in the cycle of iterating generations roughly every three quarters. This pattern also applies to our next-generation product. I think this is beneficial for both customer choices and hash rate deployment planning, because you have a quite clear prediction of new product. And in terms of power efficiency, our mainstream products released last year, have entered the range of 20 to 25 joules per hash. And with the products on first, half of this year are in the 15 to 20 joules per terahash range.And I believe the next target for the industry will be in the 10 to 15 joules per terahash later this year or next year. These R&D efforts are progressing systematically. Yeah. So also, I want to mention, apart from the chief developments, we are actually accelerating in the machines to mass production stages.I have examples here, A15 batch hash as an example, we went from receiving the chips to have a stable running machine in less than 72 hours. And within less than 10 days multiple [proco] machines with excellent performance and the stable operations will showcase in public events like exhibitions.And yeah, for today, we are in the process of sending fresh proto machines to customers for testing. Yeah, so we are continuing to improve our user experience. Yeah, we have comprehensive solutions from the machines to like \u200eAvalon Box containers, even the consumer Avalon Nano 3 products. Yeah, so I think we will give you some guidance for the -- what will happen in the next like 18 months or two years.\nKevin Dede\nOkay. Thanks, ND. You made it very clear, both James and you made it very clear that you're holding over 1,000 Bitcoin. And I'm wondering, I'm sure many people are wondering how you consider that are. Would you consider selling them at some point in order to raise capital, in order to fund your business and understand $88 million for a wafer run?That's a lot of money. So just kind of I'm just kind of wondering how you're thinking about that.\nNangeng Zhang\nI think for the Bitcoin final holding, today, our company’s policy is only use the bitcoin to pay the mining electricity bill. And all of other bitcoins we will hold. And also when we receive some bitcoins from our small sales, we will hold most of them.I mean we will close most of the profit from the sale. Yes, and currently, we have no plans to sell the bitcoins. But I think we are considering to make the -- maybe do some like financing operations to let the bitcoins generate more bitcoins. I think maybe James can have some idea on this.\nJames Cheng\nYeah. Currently we are starting on different approaches as using Bitcoins as collateral and also can generate a new financing interest either in Bitcoin or in other crypto currencies like the USDP. So we are talking to different vendors to see the possibility and the potential to generate more cash flows and the profit for our shareholders. I think we are still in the starting phase. And once we get some solutions, we will let our investors know that. Thank you for the question.\nKevin Dede\nOkay. Last question for me. Just curious about your perspective on the competitive environment. You know, obviously Jihan Wu is back in the market a bit here. The Aerodyne machines are expected to come out this year. I appreciate your perspective on Canaan's revenue. You obviously have a pretty bright outlook. I'm just wondering how you see that competitive environment shaking out.\nNangeng Zhang\nThank you, Kevin. Yes, we have also noticed some new entries in the market recently. Some have announced that their designs are in the tape out space, where others have shared results from like chip testing. However, I think the results expectation, we have not seen [pack] machine deliveries in the open market yet. So once machines are actually delivered to the market, we will conduct research.However, we cannot comment on products that have not been delivered. I think the entry of new players indicate that the bull market for mining machines is approaching. It’s mainly seeing the industry prospects and choosing to invest and enter the market.At the same time, this phenomenal also suggests that the industry, including ourself, eventually have errors that not fully satisfy our market partners or our customers in terms of like product's pricing, customer service, customization and sales coverage. I think this led us to accelerate products and improvement. And the entry of these new players clearly brings more vitality to the industry.But of course, the barrier to enter the mining machine business is extremely high now, and I think developing an excellent mining chip is already very challenging at this stage. However, this is like just at the back journey of hardships towards growing into an excellent brand and road ahead is indeed a lot.It has been 11 years since ideally we're the world’s first AC bitcoin mining machines to customers. And although we have accumulated a lot of experience over time. My respect for this industry has only grown. So in preparation of this cycle, we have made a lot of preparations, including not only a road map for new products, but also production compacity deployment.I think additionally, as mining machine providers, we must continuously serve our customers, especially during industry downturns, which is not easy. I think I have endured several past cycles, only a few including us have persisted, and we are the only one among with publicly listed company. Sorry, for being a little bit long. Thank you.Thank you very much, gentlemen. I appreciate you taking the time to answer my questions and thanks for having me on the call.\nJames Cheng\nThank you, Kevin.\nNangeng Zhang\nThank you.\nOperator\nSharon Flynn, caution securities.\nShuang Sun\nHello. Hello, (foreign language) Please share more colour on A1566 product.\nNangeng Zhang\nThe you mean the performance or --\nShuang Sun\nYeah.\nNangeng Zhang\nOkay, I think we have already demonstrated our A15 series. The model is A1566, in the Hong Kong event. And with an average computing power of 185 terahash per second and power efficiency of better than 18.5 joules per hash. I think this performance is on par with competing products currently on the market.Yeah. So I think at this stage, we are preparing the proto machines to our customers to demonstrate the machines on the field. So everything is going very smooth. We hope we can push it to mass production as soon as possible. Yeah, but there is really a long production period due to the cutting-edge technology. So it’s still some months away.\nShuang Sun\n(foreign language) Please share your review of the continuity of company's operations.\nJames Cheng\nThank you, Sun. So I will take this question. I think first of all, we should take a look at our balance sheet. In the end of March 31, we have $55 million cash on hand and also we have another 1,057 Bitcoins. You know, as of today, it is equals like USD65 million, putting this together, we have the liquidity total liquidity like $120 million together. And you know, in quarter one, our expense together is about $31 million, which including like a one-third of the expense is non-cash expense.So actually, the cash expense for routine business is like a $20 million per quarter, so $120 million compared to the $20 million spending. So that means another six quarters to go if we don't do anything. But of course, we are doing it, preparing patients for bull market, we will have to be very careful about the, you know, cash management.I think currently we have already seen a lot of the improvements from cash inflows as the A14 series has already been delivered on schedule, and we have already collected cash gradually from our customers. Step-by-step, we will collect more cash in quarter two and quarter three as we predicted that the revenue will be higher.And also most of the credit customers has already completed payments for their orders and our account receivables have decreased sequentially, the sales cash in early inflows I think has already been show that in the customer advances doubled the previous customer advances.And so I think from the inflows, a lot of good news. On the other hand, we have to control the capacity of pace and unlocking proportion of it cash into mass production. That's something we have to do. That's why in Q1 our cash payment to lock the wafer is about $88 million. So it's a lot.So putting this together, while we maintain this level of cash reserves, while we have the more than 1,000 coins, we have a substantial potential liquidity safeguard on hand.Looking to me it's quite safe. Overall speaking, the company is able to maintain continuous operations with overall risks being relatively controllable but of course, and we have to look very carefully in a prudent way to manage that cash.Thank you for the questions, Sun.\nShuang Sun\n(foreign language) Please share your view on the timing of return to profitability this year.\nJames Cheng\nYeah. I think profitability is always the question from investors. People would like to see the bear market end and to see our profit coming back as the bull market. I think the most interesting thing in our industry is the average selling price. I think that we can see our past three years average selling price could be below $7 per terahash or above $70 per terahash.So I think the main factor driving profitability is still the increase in computing power prices. I think this fundamental reason behind the rise in computing power prices is still the shift in supply and demand dynamics. As the price of bitcoin increases, attracting more miners into the market, there could be a surge in demand for computing power.With this kind of condition, under such cases, given the limited supply capacity of the advanced process using in our mining machines. I think the price of computing power could potentially rapidly increase. So therefore, it is anticipated that after halving as our bitcoin price is still fluctuating. But after it is stabilized and raised, the total network computing power decreases, the expanded profitability of mining could potentially attract a large number of new miners coming in. So as miners begin to purchase computing power, sales volume will initially kind of react.And as the supply-demand relationship changes, computing power prices will quickly recover. So currently, computing power prices have already been recovering from the market low. Our current assessment is that loss could continue through the first two or three quarters of 2024.But there is a big potential opportunity for gross margin to turn positive or even significantly improve in the third and fourth quarter, especially the fourth quarter. So for the full year, we will try our best to see if there is any possibility to get breakeven. But it looks to me, the trajectory will be from the loss to earnings in the coming one year time. Step by step, we will be there. Thank you, Shuang.\nShuang Sun\n(foreign language) Do you still have financing plan going forward?\nJames Cheng\nAnd I think after A14 series shipment, we have already seeing more active purchasing inquiries and a stronger sales cash inflows after halving an after A14 series shipment. So it looks like a cash flow operations and the balance sheet are also improving.So I think -- as just to mention, we have already did the financing in four and quarter one of 2024 with a total cash like $136 million. We do not have any urgent equity financing plans in the near term. So I think that's a clear answer. We do not have urgent equity financing plans in the near term. Thank you, Shuang.\nShuang Sun\n(foreign language)\nOperator\nThank you, Shuang. Thank you.As there are no further questions. Now I'd like to turn the call back to the company before any closing remarks.\nNangeng Zhang\nThank you once again for joining us today. If you have any further question, please feel free to reach us through the contact information provided on our website.\nOperator\nThank you. That concludes the call today and thank you everyone for attending. You may now disconnect.", 'According to the latestCrypto Wealth Reportfrom Henley & Partners, there were 40,500Bitcoin(CRYPTO: BTC)millionaires in the world at the end of last year. That\'s more than any other cryptocurrency, and it\'s not even close. So we know thatBitcoindefinitely has a track record of creating crypto millionaires.\nBut that was then, this is now. Nearly a decade ago, some investors became millionaires by investing when Bitcoin was still trading for less than $1,000. Today, Bitcoin is trading at around $63,000, so the task of becoming a millionaire is much more daunting. Does Bitcoin still have the power to turn you into a millionaire?\nThe starting point for answering that question, of course, is sifting through the various Wall Street price predictions for Bitcoin and finding one that you feel comfortable using. Obviously, the higher the price estimate you use, the easier it is to forecast becoming a millionaire one day.\nAs for me, the one price estimate that I\'m using is the $1 million price forecast from Cathie Wood of Ark Invest. She made that forecast in 2022, well before the arrival of the spot Bitcoin ETFs or the recent Bitcoin halving. Since then,she has raised that future price estimate to $1.48 millionand then $3.8 million.\nIn order to come up with her initial $1 million price estimate, Wood looked at eight primary use cases for Bitcoin, and then made a few projections about the growth rate for each. So, for example, she projected that institutional investors would eventually boost their allocations to Bitcoin to 6.5% by the year 2030.\nGiven that Wood made this prediction before the arrival of the new spot Bitcoin ETFs, it actually looks fairly clever today. But it\'s still a relatively aggressive prediction, given that Bitcoin portfolio allocations today are typically closer to 1%.\nOnce you have a price estimate that you feel comfortable using, it\'s time to work backwards and figure out how much effort needs to go into becoming a crypto millionaire. If you have $63,000 to invest today, almost zero effort is required. You could simply invest all of your money (yikes!) in Bitcoin now, hold on for dear life, and by 2030, you might wake up a crypto millionaire.\nBut that\'s not practical for two reasons. For one, it ignores the concept of portfolio diversification. Sure, you might have $63,000 to invest right now, but you\'d probably want to spread that money out into a few diversified investments. Never put all your eggs into one basket, right?\nSecond, unless you\'re already a member of the Top 1%, you may not have $63,000 to invest in crypto right now. So you\'d have to come up with a strategy for building a $63,000 "starter" nest egg first. And you\'ll probably need much more than that, because Bitcoin will have likely increased in price at the same time as you\'re scrambling to come up with that initial $63,000.\nOne way to solve this problem is by using a strategy of dollar-cost averaging. Simply stated, you would commit to investing a set amount into Bitcoin, every month, like clockwork, until you reach your $63,000 goal. So, for example, you might decide to invest $1,000 per month, every month, for the next five years. That would get you close to your $63,000 goal.\nBut, alas, being a patient, long-term investor is not the only part of becoming a Bitcoin millionaire. That\'s because Bitcoin is a very volatile asset, and price swings can be dramatic. Yes, Bitcoin has the potential to skyrocket in value, but it also has the potential to go on some epic portfolio-deflating losing streaks.\nIn fact, Cathie Wood has documented at least four different "Bitcoin drawdowns" in which the price of Bitcoin fell by more than 77%. That includes the nightmare "crypto winter" of 2022, when Bitcoin absolutely cratered in value.\nSo imagine a hypothetical scenario in which you had finally amassed $500,000 in Bitcoin holdings, well on your way to millionaire status. But what if the next year turns out to be a stinker, and you lose 77% (or more) of your investment? You\'d be back to square one, trying to put together all the pieces of your shattered Bitcoin nest egg.\nThat being said, I do think Bitcoin still has millionaire-maker potential. But the table stakes have increased markedly since Bitcoin first launched in 2009. Back then, you might have been able to become a millionaire with just a tiny investment of $1,000 or less. But now, given the elevated price of Bitcoin, you might need $63,000 or more to hit that mythical milestone.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $578,143!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs Bitcoin a Millionaire-Maker?was originally published by The Motley Fool', 'According to the latestCrypto Wealth Reportfrom Henley & Partners, there were 40,500Bitcoin(CRYPTO: BTC)millionaires in the world at the end of last year. That\'s more than any other cryptocurrency, and it\'s not even close. So we know thatBitcoindefinitely has a track record of creating crypto millionaires.\nBut that was then, this is now. Nearly a decade ago, some investors became millionaires by investing when Bitcoin was still trading for less than $1,000. Today, Bitcoin is trading at around $63,000, so the task of becoming a millionaire is much more daunting. Does Bitcoin still have the power to turn you into a millionaire?\nThe starting point for answering that question, of course, is sifting through the various Wall Street price predictions for Bitcoin and finding one that you feel comfortable using. Obviously, the higher the price estimate you use, the easier it is to forecast becoming a millionaire one day.\nAs for me, the one price estimate that I\'m using is the $1 million price forecast from Cathie Wood of Ark Invest. She made that forecast in 2022, well before the arrival of the spot Bitcoin ETFs or the recent Bitcoin halving. Since then,she has raised that future price estimate to $1.48 millionand then $3.8 million.\nIn order to come up with her initial $1 million price estimate, Wood looked at eight primary use cases for Bitcoin, and then made a few projections about the growth rate for each. So, for example, she projected that institutional investors would eventually boost their allocations to Bitcoin to 6.5% by the year 2030.\nGiven that Wood made this predictio Last 60 Days of Bitcoin's Closing Prices:* [61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-18 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,322,368,984,569 - Hash Rate: 529065875.9318188 - Transaction Count: 401264.0 - Unique Addresses: 434371.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the Bitcoin networkcompletedits fourth“halving”on Friday evening, the price of the cryptocurrency has only risen slightly, as rewards for miners adding a new block to the blockchain were slashed to 3.125 from 6.25. Historically, halving leads to price surges, but the original cryptocurrency hasn’t yet gained 4% since the event, trading around $66,500 as of early Tuesday afternoon. There are various reasons for Bitcoin’s price remaining fairly steady so far, and HODLers may have to play the waiting game to reap the rewards, experts toldFortune. “The halving had no immediate impact on price. The market impact of Friday night’s movement from the fourth to the fifth epoch will be felt over the ensuing weeks and months,” Mark Connors, head of research at 3iQ, toldFortunein a note. He added that the extent to which prices change largely will depend on hashrate (the total computational power being used to mine Bitcoin). “Friday night,” Connors added, “was more about observing the expected programmatic shift materialize: Did it execute as expected? We now can check that box.” Bitcoin’s price hasn’t swung massively in either direction is the result of “buy the rumor, sell the news” investors pushing prices down, which may be why Bitcoin dropped 12% in the two weeks before the halving. This retreat was somewhat expected, Vetle Lunde, a senior analyst at K33 Research,previously toldFortune,because the halving had been both widely documented and was anticipated by the Bitcoin algorithm. The halving affects price due to media attention, historical precedents incentivizing traders, and supply scarcity, Laurence Smith, senior strategist at Consensys, said in a note. But the impact of these factors on markets can be slow, he added. "Media attention draws retail users that are slower to react than professional traders, who conversely, are more likely to be buying the rumor, selling the news, in anticipation of a price spike, which limits the immediate upside,” he said. Historically, the best day to sell Bitcoin has been 500 days after a halving, Markus Thielen, founder and head of 10x Research, previously toldFortune. Meanwhile, Bitcoin-related stocks have seen some dramatic gains. MicroStrategy, the largest corporate holder of Bitcoin, was trading near $1,350 midday Tuesday, roughly a 15% bump since Friday. Shares of top U.S. exchangeCoinbasewere up about 10%, to $235, meanwhile shares of Bitcoin miners have also gained, with Marathon Digital Holdings up 15%, to $9.28, and Riot Platforms up 25%, to $11.70. The subsequent price increase of the major miners suggests market confidence that they will continue to provide sufficient hashrate to ensure the functionality of the blockchain, despite the reduced rewards, by deploying more efficient hardware to maintain profitability, Matteo Greco, a research analyst at Fineqia International, toldFortunein a note. However, in the first 48 hours following the halving, the network’s hashrate dropped by around 5%, as miners either went offline or dialed down operations, to avoid losing money. “A decline in total hashrate post-halving shouldn’t be interpreted as a sign of stress within the mining industry but rather as a typical response to the event. Over time, the hashrate is expected to rebound as miners enhance efficiency and competition intensifies,” Greco said. As larger miners bought more efficient machines this year, Thomas Chippas, CEO of Argo Blockchain, anticipates that the total hashrate will increase when those computers arrive from manufacturers and are plugged into the network. “You’ll see more hashrates slowly come back online,” Chippas toldFortune.“The unknown factor, of course, is the rate of change of total hashrate on the network, the difficulty change [of production], and then the price of Bitcoin.” This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/Collector9999', 'For the people who wonder what is moving the price of silver right now', 32, '2024-05-18 00:37', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', "I guess a lot of new people want to know what is moving the price of silver right now. IMHO, I think there are several factors in play, but I think the most significant ones are those:\n\n1. The Chinese housing market crash \n\nDue to the crash, the demand for base metals is low, so the supply corrects. 70-80% of the silver is mined as a biproduct of other metals (iron, lead, zinc, copper, gold), and as base metals supply shrinks, this also squeezes the silver supply. \n\n2. The arbitrage trade\n\nThe price of silver at the Shanghai exchange is significantly higher. Due to the arbitrage opportunity, silver bought from the exchanges in USA and Europe is sold in Shanghai (easy money).\n\n3. Expectations of Fed rate cuts\n\nInflation finaly is slowing down, and the market is expecting rate cuts. This means the M2 money supply is probably going up again soon, and that's why not only silver, but gold and bitcoin also went up a lot recently.\n\nLet me know what is yoir opinion.", 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', '1cuid0d', [['u/ajflo72', 33, '2024-05-18 01:22', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4j06tx/', 'Inflation isnt slowing down. Thats another lie from Fed.', '1cuid0d'], ['u/Big_STONE3547', 18, '2024-05-18 04:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4jmwqn/', 'China is going to brrr. They are feasting on metals before the yuan plummets.', '1cuid0d']]], ['u/nomadicandrew', 'What is a really popular thing that you know nothing about?', 164, '2024-05-18 01:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', 'Bitcoin or cryptocurrencies for me, I completely missed the boat on that one and when I decided to read up on it the whole thing was beyond me.', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', '1cuji79', [['u/Dimebag0352', 128, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2ke7/', 'DoorDash, from what I understand, you basically pay more to have cold fast food delivered.', '1cuji79'], ['u/Fireball_Lore', 92, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2l8k/', "I've tried watching summaries on KPop and it was one of the first times in my life I felt completely out of touch. \n\n Pretty people singing and dancing is a pretty easy to understand formula. But KPop feels vacuous to a degree I can't even understand it.", '1cuji79'], ['u/Helgafjell4Me', 30, '2024-05-18 01:40', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2r7k/', "It's all a scam. It has no real value, it's just purely speculative BS fed by media hype and complex pseudo-technical bullshit. Some people have made a bunch of money off of it, but most have lost, some have lost everything. One of these days I believe it will all come crashing down, but for now it's still proving to be a lucrative pump and dump for people who time it right. Doesn't mean it's a good investment. It's risky AF. Many people can't even get their money out of it if they wanted to.", '1cuji79'], ['u/StubbornKindOfFellow', 169, '2024-05-18 01:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2uvs/', 'Harry Potter. Never seen a single movie or read any of the book.', '1cuji79'], ['u/Inevitable-While-577', 31, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30dw/', 'Spotify, Apple Music, and wherever else people get their music from. (I use an MP3 player!)', '1cuji79'], ['u/Rouge_and_Peasant', 143, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30jt/', 'Video influencers. From Youtube to Tik Tok, I have never been able to name a single one of these people or recognize them. It is mind-boggling to me that some of them are the most famous people on the planet.', '1cuji79'], ['u/gnrlgumby', 96, '2024-05-18 01:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j38wc/', 'Oh like 99% of reality TV. Housewives, Vanderpump, below decks, bachelor…', '1cuji79'], ['u/bronzemat', 84, '2024-05-18 01:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3f2y/', "Funko Pops. I truly don't get their appeal. They seem to be all cookie cutter looking, with very little changes, to each one. And, they're ugly too.", '1cuji79'], ['u/Eastern-Branch-3111', 74, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3vpd/', 'Taylor Swift', '1cuji79'], ['u/Few-Way6556', 15, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3wf1/', 'Sports. I generally understand the rules of the games and even could tell you a bunch of the names of professional teams, but I know nothing about who the current star players are, what teams are doing good, etcetera.\n\nI actually used to really enjoy baseball when I was a kid and I recently rediscovered my baseball card collection. Recently, I even bought a whole bunch of the cards from the 80’s that I always wanted (they’re pretty much worthless, by the way). But still, I have no interest in watching the game or following any modern players.', '1cuji79'], ['u/rearwindowpup', 12, '2024-05-18 01:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j43s0/', 'More is an understatement. I was going to try it once and it was gunna be like 30 bucks for some Taco Bell.', '1cuji79'], ['u/bronzemat', 17, '2024-05-18 01:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4c1r/', 'Hopefully, a "Swifty" doesn\'t read this thread, or you\'ll be tarred and feathered.', '1cuji79'], ['u/jawnbaejaeger', 56, '2024-05-18 01:55', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4vnb/', "Bridgerton\n\nEvery single thing I've heard about it just seems very, very straight romance with a side of queer-baiting, and no amount of attractive looking POC will get me to slog through that.", '1cuji79'], ['u/XFrankXGrimesX', 109, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j59xe/', "Video games. Sega Genesis was end of the line for me so yeah, I am really out of it.\n\nAnything to do with social media or influencers. I'd rather eat gravel.\n\nPodcasts. People have recommended to me podcasts with huge listenerships, top notch production values and it's two morons reading Wikipedia.", '1cuji79'], ['u/Guilty_Seesaw_1836', 29, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5bxy/', 'Marvel movies', '1cuji79'], ['u/NachoNachoDan', 214, '2024-05-18 01:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5dvp/', 'Marvel movies. No idea what’s going on with that', '1cuji79'], ['u/an_Aught', 18, '2024-05-18 02:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j77hn/', 'Never saw that dragon show', '1cuji79'], ['u/Vox_Mortem', 32, '2024-05-18 02:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j7ii6/', "The fees and markup are outrageous. I'll be like oh, let's have a lazy night and order in. And then I open the app, see the prices, and go put on some pants because I'm not going to pay 100% more to have some kid in a weed-infested 2010 Honda Civic leave it on my doorstep.", '1cuji79'], ['u/Kahnza', 13, '2024-05-18 02:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j8fvc/', 'I just Youtube for the rare occasion I want to listen to something', '1cuji79'], ['u/Kafkan_mindset', 68, '2024-05-18 02:26', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j94x8/', 'Blockchain. Literally couldn’t explain it if my life depended on it.', '1cuji79'], ['u/manicpixiepuke', 26, '2024-05-18 02:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j9y51/', 'Pumpkin spice. I don’t get its appeal.', '1cuji79'], ['u/EastTXJosh', 10, '2024-05-18 02:35', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jadrg/', 'Never seen Harry Potter or any of the Lord of the Rings.', '1cuji79'], ['u/ThxIHateItHere', 32, '2024-05-18 02:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jb2s2/', 'Swifties and Disney Adults need serious help. \n\nI have one coworker who bankrupted her family due to going to DL/DW six times a year.', '1cuji79'], ['u/LOUCIFER_315', 18, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbcft/', 'Dragons and Titties', '1cuji79'], ['u/frizbeeguy1980', 14, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbdst/', "Beer. Couldn't tell you what an IPA is or a bitter is or whatever else there is out there. Give me a blind taste test of 10 completely different kinds and I would swear they were all the same beer.", '1cuji79'], ['u/TurbulentPromise4812', 14, '2024-05-18 02:46', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbtaa/', "Snap Judgement on NOR is really good, it's the only one that I listen to. It's real people telling their life stories and adventures", '1cuji79'], ['u/bgva', 11, '2024-05-18 02:47', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbxao/', 'So I have Snapchat, and every so often I\'ll venture to the "suggested videos" tab and it\'s so many fitness or "lifestyle" influencers who look no older than about 23 and they all have the nicest apartments and cars. Even if they\'re faking it by renting these things, they\'re still making some kind of bank doing videos. I don\'t imagine it\'s cheap to rent a Lambo or luxury crib for a photo shoot.', '1cuji79'], ['u/Spinachandwaffles', 126, '2024-05-18 02:49', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jc7dl/', 'The Kardashians. Never seen an episode of any of their shows. Couldn’t name who’s who in the family.', '1cuji79'], ['u/ultravioletneon', 110, '2024-05-18 02:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcfbm/', 'TikTok and other short-form video. I watch YouTube on occasion, but the videos I view are typically 20+ minutes in length.', '1cuji79'], ['u/loptopandbingo', 65, '2024-05-18 02:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jck8j/', "They're just millennial Precious Moments figurines and no one can tell me otherwise.", '1cuji79'], ['u/midnight-dour', 21, '2024-05-18 02:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcm1q/', 'Yep. Used to deliver for Jimmy John’s. We always just kinda shook our heads when someone ordered through Door Dash. Could’ve saved $5-10 ordering directly from us.', '1cuji79'], ['u/Top-Web3806', 12, '2024-05-18 02:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcrkf/', 'Football.', '1cuji79'], ['u/odin_the_wiggler', 34, '2024-05-18 02:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jcrn3/', "It's basically a ledger of money that has been stolen from you. 😀", '1cuji79'], ['u/DeadSharkEyes', 50, '2024-05-18 02:57', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jd9df/', 'Football. I know what a touchdown is and that’s where it ends.', '1cuji79'], ['u/Neither-Drag-8564', 20, '2024-05-18 03:00', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jdo8b/', 'Retirement planning', '1cuji79'], ['u/nomadicandrew', 20, '2024-05-18 03:01', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jdswo/', 'Me neither, but because of how over exposed it was I can name almost all characters and the houses. I’ve never known so much about something I’ve never seen.', '1cuji79'], ['u/tannyduca', 14, '2024-05-18 03:04', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4je5vj/', "It's trash.", '1cuji79'], ['u/Ezypeezylemonsqueezy', 12, '2024-05-18 03:05', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jeb12/', "I can name them off too, but I don't watch them either. Not everyone has ad free streaming unfortunately 🙃 and we are subjected to the stupidity of their advertising", '1cuji79'], ['u/Rouge_and_Peasant', 20, '2024-05-18 03:06', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jefe8/', 'For me it\'s even the opposite sometimes. I\'ll see a display in the store with some guys scruffy face who looks like the most average 30 year old grocery store clerk I can imagine, and my nephew or some kid will say "That\'s Dizzy Q, he makes $100,000,000 a year opening boxes"', '1cuji79'], ['u/Lebowski304', 60, '2024-05-18 03:08', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jepyc/', 'Skibidi toilet. I have no idea what is happening\n\n![gif](giphy\|AbPWwqSgMejM4\|downsized)', '1cuji79'], ['u/jackfaire', 36, '2024-05-18 03:09', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jeu2h/', "I had 0 plan to then my mom gave me the first movie as a housewarming gift felt rude to not watch it next thing I know I'm halfway through book three and yelling at the characters.", '1cuji79'], ['u/catsdelicacy', 14, '2024-05-18 03:11', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jf3hh/', "I cackled and it's funny because it's TRUE", '1cuji79'], ['u/REOassWagon', 13, '2024-05-18 03:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jf82b/', 'Mixed Martial Arts. It’s gross.', '1cuji79'], ['u/mastawyrm', 29, '2024-05-18 03:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfkmp/', "Only because people try to make it sound complex. It's a list of transactions. Everyone can read it, you can add to it when you make a transaction, it can't be edited or deleted. That's it", '1cuji79'], ['u/larryb78', 115, '2024-05-18 03:15', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfqow/', 'Anime - I just don’t get it', '1cuji79'], ['u/garygnu', 10, '2024-05-18 03:17', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfwen/', '>Crypto is all a scam. \nThis thread is for things you know nothing about. You know everything you need to know about crypto.', '1cuji79'], ['u/GF_baker_2024', 28, '2024-05-18 03:17', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jfzcn/', "Tik Tok. I just don't get it.", '1cuji79'], ['u/seamonkey420', 28, '2024-05-18 03:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jh2aj/', 'Game of Thrones. havent seen a single episode', '1cuji79'], ['u/Nukkeeva', 26, '2024-05-18 03:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jhugo/', 'Celebrities — their lives, their spouses, their children, their most recent film/show/album etc etc', '1cuji79'], ['u/Scrotchety', 48, '2024-05-18 03:33', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4ji42x/', 'Discord. "I\'ve got a Discord set up we can use." "Come to my Discord." I just can\'t understand how it fits in the computer landscape; what roles it fulfills or provides; and how to navigate the thing. \n\nAnd my computer is so bare bones that if it were a home it would be a studio apartment and Discord wants to be the 400lb gorilla that\'s gonna be crashing on the couch.', '1cuji79'], ['u/nomadicandrew', 32, '2024-05-18 03:36', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jifxu/', 'I compared them to Troll dolls to a younger co-worker, got blank stares.', '1cuji79'], ['u/Thomisawesome', 16, '2024-05-18 03:37', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jin4f/', 'Taylor Swift. I mean, I know she’s a singer, but I couldn’t tel you a single song of hers.', '1cuji79'], ['u/drainbamage1011', 27, '2024-05-18 03:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jiwfg/', "Imagine every time you received a dollar bill, it came with a chronological log of everyone who has ever possessed that dollar and what they spent it on. When you spend it, your name is added to the log. That's basically it, but for electronic currency.", '1cuji79'], ['u/AndroidNumber137', 10, '2024-05-18 03:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jj6xg/', 'Trying to educate myself on Skibdi Toilet is… an adventure.', '1cuji79'], ['u/Rouge_and_Peasant', 26, '2024-05-18 03:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jj7fo/', "I am 100% with you on podcasts. My wife loves to keep them on all the time and it drives me batty. Never found a single one I liked. Even if the information is interesting, I'll seek out a transcript to read instead. I hate having someone yap at me.", '1cuji79'], ['u/jamesmango', 13, '2024-05-18 03:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjdcv/', 'Stopped watching after Avengers: Age of Ultron. Felt like I was watching the same movie over and over.', '1cuji79'], ['u/ifnotmewh0', 14, '2024-05-18 03:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjf68/', 'I love skibidi toilet for one reason. My kids (all GenZ) may fight like cats and dogs a lot of the time, but all I have to do to make them stick up for each other is accuse any one of them of liking skibidi toilet. The others will rush to their defense. Then I get to be like "so you do like your brother. Good to know." LOL That\'s all I know about skibidi toilet. Well, that and the videos are hilarious with enough weed.', '1cuji79'], ['u/garden__gate', 27, '2024-05-18 03:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjm9c/', 'It’s a soap opera with pretty clothes.', '1cuji79'], ['u/Funkybeatzzz', 12, '2024-05-18 03:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjmun/', 'One of the undergrads I supervise sent me a Slack message today that was just "Pog 🐐" and I had to google what they meant by Pog. It\'s way different than pogs FYI but means something good as far as I can tell.', '1cuji79'], ['u/garden__gate', 12, '2024-05-18 03:46', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jjt92/', 'Nah, actually the real danger is that we’ll send you a Spotify playlist and several PowerPoint presentations explaining the lore behind each song.', '1cuji79'], ['u/cmgww', 17, '2024-05-18 03:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jk4xk/', 'I wouldn’t exactly say cool but NFTs…. I just don’t get the appeal of having something that you “own” but you don’t really own it, at least not physically… it’s all really stupid to me…. And from what I’ve heard I’m not alone', '1cuji79'], ['u/that-one-girl-who', 11, '2024-05-18 03:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkbrb/', 'Even worse are the Swiftie adults. Like I get when the young girls like her but ma’am you are 50. Stop talking about TS like she’s Joni Mitchell or something.', '1cuji79'], ['u/outlawpersona', 13, '2024-05-18 03:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkj3r/', 'My wife has listed the following for me: \n- The Kendrick-Drake beef (I hope Kendrick wins though)\n- Instagram (besides the funny videos she sends me then tells me to look at once or twice a week)\n- Game of Thrones (what I do know I learned from South Park)', '1cuji79'], ['u/XFrankXGrimesX', 10, '2024-05-18 03:52', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkma3/', "I'm suddenly remembering Emerson students in Boston Common playing Quittich, running around holding a broom between their legs and fairly successful punk bands with names like Harry & The Potters and Draco & The Malfoys. Like, it's harmless and people should enjoy themselves but I can roll my eyes.", '1cuji79'], ['u/spmaniac', 10, '2024-05-18 03:53', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jkq77/', 'Video games. Wtf is twitch and discord?', '1cuji79'], ['u/Dudeinairport', 24, '2024-05-18 04:03', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jm3dx/', 'Pokémon. What the fuck is it?', '1cuji79'], ['u/Traveshamamockery_', 10, '2024-05-18 04:10', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jmwtx/', 'You were. And I stopped after Ironman. I hate that superhero movies have had such a major negative impact on the film and acting industry.', '1cuji79'], ['u/squamishter', 12, '2024-05-18 04:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jnhp4/', 'I have no idea who Thanos is.', '1cuji79'], ['u/CapOnFoam', 30, '2024-05-18 04:15', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jnnsa/', 'Yeah but you can do other stuff while listening to a podcast (clean the house, do dishes, walk the dog, drive, etc). Can’t do any of that while reading. I get the benefit of sitting and relaxing with a book, but for stuff I’d be doing anyway, it’s nice to listen to something I find interesting while I do it.', '1cuji79'], ['u/Bandando', 12, '2024-05-18 04:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4joco7/', 'I am stunned by how many popular podcasts have marginal sound quality, boring banter, and terrible editing.\xa0', '1cuji79'], ['u/artificialavocado', 28, '2024-05-18 04:22', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4johgb/', 'Same. It seemed like it was for people younger than us when it came out.', '1cuji79'], ['u/CSWorldChamp', 32, '2024-05-18 04:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jr7al/', 'Podcasts are to talk-radio what Netflix is to movies. Nothing more, nothing less. If you like talk radio, you’ll LOVE when it’s nothing but shows on topics you love, and completely on-demand. \n\nIf you don’t like talk radio, then you’re not going to like podcasts. It’s just that simple.', '1cuji79'], ['u/AdQuirky1318', 11, '2024-05-18 04:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jrchr/', 'Same AND I grew up in Texas 🤷\u200d♀️', '1cuji79'], ['u/20miledave', 11, '2024-05-18 05:13', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jusxq/', 'I love this thread.', '1cuji79'], ['u/kinopiokun', 103, '2024-05-18 05:18', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jvcax/', 'Everything I know about them I learned against my will', '1cuji79'], ['u/MacStainless', 10, '2024-05-18 05:19', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jvj8o/', 'It’s Magic: The Gathering but with anime creatures. I had to learn it so I could play with my kids (yes I’m that dad) and as I read the rules I totally saw how it’s nearly the same structure as Magic.\xa0', '1cuji79'], ['u/Lancerevo012', 18, '2024-05-18 05:37', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jxkzx/', 'Can I just say I love this community? Ya’ll are awesome.', '1cuji79'], ['u/TysonEmmitt', 30, '2024-05-18 05:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jy56v/', "Same here. Everyone I know tries to get me to watch TikTok videos and they just make me angry. They've learned that if they send me a TikTok, I won't watch it. I, too, prefer long YouTube videos. I try to find ones that are 45 minutes or longer. \n\nI don't know if it's an attention span thing, but I've always been able to sit and read a whole book in one sitting, given I have the time to do so. I don't prefer information or entertainment in small, ever changing chunks. That's one reason I also prefer episodic TV shows with long seasons and rarely watch movies. I like to have the story told over a longer period of time where you can get a lot more detail. Every time I watch a 90 minute movie, it seems like they've rushed through whatever story they're telling!\n\n A lot of the people I know who are really into TikTok, etc, are also people who have, or think they have/claim to have ADHD. And these are people of all ages ranging from early 20s to mid 50s.", '1cuji79'], ['u/Ok_Researcher_9796', 12, '2024-05-18 05:44', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jydgc/', 'I know of several KPop groups but the only Kpop I actually know is Gangnam Style by Psy which is a comedy making fun of people in Seoul . The video is hilarious to me even without understanding any of the lyrics.', '1cuji79'], ['u/Thenadamgoes', 27, '2024-05-18 05:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k00pn/', 'I’m so happy this is the top response. I felt like I was going crazy for a bit there. Some where alright but god it felt like I was watching the same thing over and over.', '1cuji79'], ['u/aweedl', 13, '2024-05-18 06:00', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k04y9/', 'YES. I was baffled when people my age where getting into books for little kids.', '1cuji79'], ['u/Bnmko_007', 34, '2024-05-18 06:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k1m9y/', 'I passionately hate the title influencers to start with because it poses the notion they actually influence people. It’s like me calling myself climaxer while despite best intention I clearly can’t make it happen.', '1cuji79'], ['u/silenttd', 26, '2024-05-18 07:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4k9dg0/', 'Honest to God, my definition of the dividing line between Xennial vs Millennial is heavily based on how into Pokemon and Harry Potter you were. I think those were the two most popular cultural phenomena that I considered "kid stuff", but were just on the cusp.\n\nI also find that you, at best, only remember the first iteration of Power Rangers tops. If you\'re familiar with anything beyond the original team + maybe the Green Ranger, er White Ranger.... whichever, you\'re a millenial', '1cuji79'], ['u/Fallenangel152', 15, '2024-05-18 07:49', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kb2j5/', "It's porn for straight-laced women.\n\nRemember the Simpsons where Marge is reading some smutty book and imagining herself being seduced by a pirate? It's that, but Victorian England.", '1cuji79'], ['u/flittingly1', 11, '2024-05-18 08:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4keiop/', 'Same, I try really hard to avoid all info. I refuse to learn about them', '1cuji79'], ['u/frankreynoldsrumham', 18, '2024-05-18 09:25', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kjviu/', 'I must live under a boulder. lol', '1cuji79'], ['u/Hellament', 10, '2024-05-18 12:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4kwz4z/', 'Yes! And one commonality of 99% of them? They have absolutely no qualifications regarding the products they shill for. They aren’t experts, they don’t work in the industry, they aren’t rigorous product testers. It’s like an army of Kardashian wannabes…I have no idea why people watch them.\n\nIt occurred to me recently that they are essentially freelance marketers. I get why companies use them given their clout, I just don’t understand why they have that clout.', '1cuji79'], ['u/chigoonies', 26, '2024-05-18 13:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l2j5m/', 'I was in the hospital for months a few years back and to pass the time I would see how many minutes of the kardashians and Alaskan bush people I could watch before I would start weeping and begging for death . \nThe nurses would ask me daily “how many minutes did you make it today”\nMy answer was always “Kris kardashian ( the mom ) isn’t a mother she’s a pimp “! \nBe glad you know nothing of these vapid harpies , they are harbingers of the apocalypse.', '1cuji79'], ['u/LemonFizzy0000', 10, '2024-05-18 13:07', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l2jhv/', 'I must live under…what’s bigger than a boulder?', '1cuji79'], ['u/LemonFizzy0000', 18, '2024-05-18 13:13', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4l36u7/', 'So I’ve heard of everything on this thread except this. What in the world is a skibidi toilet??? ::::runs to google:::::', '1cuji79'], ['u/Ginger_Snaps_Back', 12, '2024-05-18 15:10', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4lgrzv/', 'They have their own show? I thought they were only featured in a few Star Trek episodes. They had some good character development stories in Deep Space 9.', '1cuji79']]], ['u/user192726373', 'Capital Gains Tax for Bitcoin', 33, '2024-05-18 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/', 'If I sell BTC does the IRS only tax the profit?', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/', '1cukeah', [['u/Peach-555', 34, '2024-05-18 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4j883s/', 'Yes.\nEvery transaction where you exchange BTC for anything is a taxable event, but you only pay taxes on the realized gains.', '1cukeah'], ['u/2LostFlamingos', 10, '2024-05-18 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4jq1bv/', 'If you’re still American, you owe taxes regardless of where you are when the taxable event occurs.', '1cukeah'], ['u/Zestyclose_Mine_5618', 12, '2024-05-18 05:26', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4jwapq/', 'Ah yeah my bad, I did.', '1cukeah'], ['u/Cointuitive', 24, '2024-05-18 06:23', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4k2i6c/', 'Governments have got it all figured out. If you find a way to avoid having your after-tax savings from being inflated away, they’ll tax you on “capital gains”.\n\nIf they can’t steal your money one way, they’ll just find another way to steal it.\n\nSustaining your capital savings in real terms, is NOT a capital gain.', '1cukeah'], ['u/tracing_666', 20, '2024-05-18 08:14', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4kdije/', 'That too is a taxable event', '1cukeah'], ['u/Its-a-write-off', 11, '2024-05-18 12:37', 'https://www.reddit.com/r/Bitcoin/comments/1cukeah/capital_gains_tax_for_bitcoin/l4kzora/', 'Yes. If the Pokemon card has increased in value since you bought it.', '1cukeah']]], ['u/10xlive', 'How does bitcoin balance the energy grid? ', 20, '2024-05-18 02:29', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/', 'Can someone explain the basics of energy grid and why people say that mining Bitcoin will balance the grid?', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/', '1cukpl7', [['u/Just1_More', 49, '2024-05-18 02:45', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jbngz/', "Real basic here. \n\nTo ensure we don't experience brown/black outs, our power suppliers ramp our energy production up roughly 30% greater than the actual demand. Grounding (wasting) 30% energy on average.\n\nNow, if you have a bitcoin mining facility utilizing the excess energy, you can actually take advantage of the wasted energy and even ramp up the production knowing that when peak demand arrives, bitcoin miners cam scale down so the gird can consume the energy.\n\nTheoretically, you could have 99.9% efficiency.", '1cukpl7'], ['u/Dettol-tasting-menu', 17, '2024-05-18 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jhegb/', 'Very simple summary:\n\nWe don’t use max energy (like crank up our heater to the max) all the time. Sometimes we do, most of the time we don’t. \n\nEnergy grid needs to over-build to prepare for the max usage, worst case scenarios. But that’s a lot more than what is normally needed. \n\nBitcoin mining can absorb (and pay for!) this excess power during normal times. So energy provider will have an incentive to build up the capacity in the first place. \n\nWhen demand is high, say a snow storm, energy price goes up and Bitcoin miners have a natural incentive to switch off (because high price), and the capacity would go to the households.\n\nWithout the miners, this excess capacity wouldn’t have been built in the first place. And bitcoin miners can be switched off at any given moment without consequences so the grid can divert power to real need during emergencies.', '1cukpl7'], ['u/Substantial-Skill-76', 15, '2024-05-18 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jkvmj/', 'Love that. Great explanation.', '1cukpl7'], ['u/Just1_More', 14, '2024-05-18 04:56', 'https://www.reddit.com/r/Bitcoin/comments/1cukpl7/how_does_bitcoin_balance_the_energy_grid/l4jsrox/', 'Nuclear energy is a remarkable human accomplishment.', '1cukpl7']]], ['u/Broad_Pond', 'Math and Tokenomics - CRO scarcity?', 18, '2024-05-18 04:22', 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/', "I'm figuring out the scarcity of CRO and when we might see a more permanent rise in price. This suffering the shadow of BTC is painful, but its price may stabilize with ETFs over time. As the user base of [Crypto.com](http://Crypto.com) increases so should the scarcity of CRO? I'm sure hoping so.\n\nIf there are 30 Billion CRO and 100 Million users; 30,000,000,000 divided by 100,000,000 equals 300. Most of us in the CRO Ecosystem have more than 300. I understand there is less than 30 Billion because the CDC business plan allocates rewards in the Earn program. \n\nI wonder what the catalyst in our ecosystem might be once the spread of CRO is thin. I'm a CRO Maxi and curious as to others' thoughts on how we as a community of users can elevate the price. Currently, the 4-year cycle of BTC, leads one to buy CRO at .12 cents for 3 years straight and then cash out that one year it goes to $1.00 I won't be cashing out this Bull Cycle at all. I want to become one of the 30,000 that can acquire 1 Million.", 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/', '1cumv2e', [['u/A3rdRanger1776', 12, '2024-05-18 08:23', 'https://www.reddit.com/r/cro/comments/1cumv2e/math_and_tokenomics_cro_scarcity/l4kedwm/', 'OP: I appreciate the effort you put into this post!\n\nAlthough, you don’t understand something. There is NOT 30B in circulation! There is 26.57B in circulation. \n\nThe other 3.43B CRO are the ones you receive in gift boxes, card rewards, DeFi earnings, 2% earning bonuses, the current 20% one year lockup, Netflix/Amazon/Pandora reward cashback, etc etc etc etc…\n\nThis was clearly stated almost 4 years ago in the white papers when CDC changed from MCO to CRO on the mainnet.\n\nI’m showing my age… 😝', '1cumv2e']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, May 18, 2024', 27, '2024-05-18 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/', '1cuomhk', [['u/navierb', 23, '2024-05-18 06:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k397d/', 'Never change a ruining system\n\n~ Governments and Central Banks', '1cuomhk'], ['u/edgedoggo', 12, '2024-05-18 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k68nl/', 'I just see a lovely bull flag on the hourly; should be a good weekend', '1cuomhk'], ['u/Shibenaut', 10, '2024-05-18 07:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4k8kxc/', '"Sound money? Never heard of it."', '1cuomhk'], ['u/xtal_00', 13, '2024-05-18 07:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4kbc5y/', 'This is a beautiful high volume impulse. This move is characteristic of strong support.', '1cuomhk'], ['u/BTCalt', 20, '2024-05-18 08:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4kd7m8/', "This thing looks wound tight as fuck. It's about to break up. I can see it breaking up.", '1cuomhk'], ['u/Taviiiiii', 10, '2024-05-18 12:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4ky2zx/', 'ETF holdings at ATH?', '1cuomhk'], ['u/WYLFriesWthat', 17, '2024-05-18 13:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l1ttj/', 'Sun rising. Birds chirping. Bitcoin still pumping. Gonna be a good weekend.', '1cuomhk'], ['u/phrenos', 16, '2024-05-18 13:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l4wzh/', 'I did not wake up surprised. I woke up happy. And that never happens.', '1cuomhk'], ['u/WYLFriesWthat', 12, '2024-05-18 13:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4l5s3p/', 'Show the tx or ban', '1cuomhk'], ['u/Cultural_Entrance312', 18, '2024-05-18 15:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4li8my/', 'It looks like BTC has settled in a tight crab between 66.7 and 67.4 on the hourly. BTC‘s RSI is at 54.8 (average 58.6 ) at time of writing. Nearby resistance are 67.4, 69, 70.2, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 66.7, 65.7, 64.5, 63, 61.7, 61.3, 60.5, 59, 57.5, 56.7, 55.7 and 54.5. I have added the 50d and 100d SMA since I believe they will start having more influence on future prices supports once we break out to new ATHs.\n\nThe daily is more interesting. The RSI is 58.5 and its average is currently at 49.4. I believe a falling wedge had formed. Others have noted a downward channel. BTC has broken out and closed above both. BTC pulled back close to the .382 FIB Thursday and touched the 50d SMA. It was a nice orderly retrace and test. Same resistances/supports as I mention in the hourly. The 50 and 100 day SMA are starting to act as support (64972/63056). Target for this reverse H&S would be about 75k.\n\nBTC is looking at a nice green week now. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It has cooled but is starting to rise again, it is currently 67.6 (76.9 average). A fat flag formation has formed, and we are in the middle-upper portion of it. If this is a continuation pattern and is the midpoint, the target would be about 106.7k. (The136.8k+/- was a calculation error. Sorry, I had just copied and pasted the height and forgot my chart was set up in logarithmic. New price was calculated from the lows and highs). Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May could be a red month but it is currently green and will most likely stay that way. Current RSI 68.9\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/WeHd8jvq/](https://www.tradingview.com/x/WeHd8jvq/)\n\nDaily: [https://www.tradingview.com/x/ABIZpe7L/](https://www.tradingview.com/x/ABIZpe7L/)\n\nWeekly: [https://www.tradingview.com/x/FabK42px/](https://www.tradingview.com/x/FabK42px/)\n\nMonthly: [https://www.tradingview.com/x/OmpFHApg/](https://www.tradingview.com/x/OmpFHApg/)', '1cuomhk'], ['u/dopeboyrico', 48, '2024-05-18 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lozfx/', 'Only 450 BTC are mined per day. In a month that’s 13.5k BTC.\n\n[This past week spot ETF’s bought 14,389 BTC.](https://x.com/hodl15capital/status/1791657416855085224?s=46&t=bgSu-sbt11MTMG1Zh__ugw) Spot ETF’s just accumulated more than a month’s worth of newly mined BTC in a single week.\n\nConsistent GBTC outflows are gone. We’re now at a point where it’s not unusual for GBTC to experience daily inflows. [Hedge funds allocating into spot ETF’s are buying GBTC amongst other spot ETF’s as a means of diversification.](https://x.com/ericbalchunas/status/1790885903084216627?s=46&t=bgSu-sbt11MTMG1Zh__ugw)\n\nIf this continues, supply shock is imminent. And it’s likely to continue because 13F filings create transparency amongst institutional peers which leads to game theory unfolding. If you’re an institution do you wait for more of your peers to publicly allocate into BTC ahead of you when the next batch of 13F filings release in August? Or do you beat them to it? Millennium Management is the third largest hedge fund in the world and they made a 3% allocation into BTC which is basically a green light for all of their institutional peers to take a similar approach. Game on.', '1cuomhk'], ['u/akuukka', 14, '2024-05-18 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lq2f7/', "There's always supply from early adopters who have reached their personal moon and want to secure a comfortable life.", '1cuomhk'], ['u/dopeboyrico', 25, '2024-05-18 16:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lshur/', 'Early adopters can only sell once. When you let go of your BTC it becomes extremely difficult to later acquire that same amount of BTC back at a later date (not even factoring in tax implications from selling a massive bag).\n\nMeanwhile, institutional investors are long-term holders who are thinking in terms of decades, not months or years. This mentality isn’t exclusive to BTC, this is applicable to all asset classes. Key difference with BTC though is absolute scarcity. That component is new; there has never been another asset which has a fixed supply issuance schedule that is incapable of increasing to help meet demand.', '1cuomhk'], ['u/dopeboyrico', 11, '2024-05-18 16:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4lvatb/', 'There is literally no fiat price at which I would be willing to sell 100% of my BTC holdings or even a double digit percentage of my BTC holdings.\n\nAs time passes, more and more BTC falls into possession of diamond hands. The number of diamond hands is increasing over time, not decreasing. Meanwhile BTC is absolutely scarce.\n\nSo no, not “everyone” has their price. Eventually the vast majority of BTC will enter possession of diamond hands. This is how absolute scarcity works.', '1cuomhk'], ['u/Cultural_Entrance312', 14, '2024-05-18 17:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4ly529/', 'Agree in most part. But, institutions hands are not rock solid. They will sell regularly, to rebalance their allocation. Yes, they most likely will never sell all but when they price of BTC doubles, they could unload halve their stack at their whim to rebalance their %s.', '1cuomhk'], ['u/Excellent_Toe_900', 17, '2024-05-18 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4m27ed/', 'The FOMO at $100k will be uuuge', '1cuomhk'], ['u/AverageUnited3237', 10, '2024-05-18 18:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4meqnq/', 'Who are "they"? GBTC shareholders != Grayscale', '1cuomhk'], ['u/spinbarkit', 11, '2024-05-18 20:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4mr2yp/', 'hello Bitcoin cash SV, you are on the wrong sub', '1cuomhk'], ['u/Melow-Drama', 14, '2024-05-18 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cuomhk/daily_discussion_saturday_may_18_2024/l4n5yuv/', "Looking at the last few larger green candles in the last month or so (12h, mobile in vertical):\n\n• Apr 19: up from 59.7 to 67k on the 22nd followed by a a multi day dump down to 56k, lower local low, pretty high level of fear\n• May 3: run to 65k started, followed by a dump to 60k on the 10th, higher local low, seems like a local turning point (trend change)\n• May 15: pump to 66k and we're too early for me to say much yet except:\n\nMomentum has turned bullish so we should make another higher local low after a comparably smaller pause/draw down %-wise. If history is to repeat, it will be a few days until the next impulse.\n\nOr we're forming a multi-month - looking back into Feb now - bull flag (mind you the flag points down; with only 2 upper touch points, Apr 8th + it/now) which would still allow us to form a lower local low in the lower 50s. It'd still be a bullish pattern even though there'd be bears posting on a victory lap here.\n\nTL;DR stay bullish over the next weeks - the chart is and even potential lower local lows wouldn't necessarily invalidate that position. It shouldn't scare you into selling if you have breath for weeks even if lower local lows were to materialize.\n\nPS in random order: in support of this, US macro has improved (e.g. CPI data), TradFi indices made ATHs, Biden needs the gainz (election year), BTC on exchange (=supply excl. OTC/p2p) decreased again, ETFs have turned to inflows again, no major escalations in Middle East, Ukraine etc. IMHO, this PS alone is reason enough to be bullish on a risk-on asset with diminishing supply (we halved again almost 1 month ago) and seemingly increasing demand. I'm getting another drink, cheers to you!", '1cuomhk']]], ['u/Harveyspecter2923', 'Employees who sued their own company for wrongful termination, did you win against them?', 64, '2024-05-18 07:46', 'https://www.reddit.com/r/B... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The average investor likes to turn to the professionals when it comes to finding potentially lucrative investment ideas. Given her standing as an expert in the area of disruptive and innovative businesses, it makes sense whyCathie Woodis closely watched.\nWood and her firm, Ark Invest, are incredibly bullish on a top cryptocurrency that they believe could skyrocket $3.8 million by 2030. This is a truly lofty target that would catch anyone's attention.\nBut does this mean the digital asset is a no-brainer buy?\nIn January of this year, Cathie Wood set a 2030 price target forBitcoin(CRYPTO: BTC)of $1.5 million. Based on this leading digital asset's price of $44,000 at the start of 2023, this would imply a whopping 34-fold gain over the next seven years. This outlook was provided right after the highly anticipated approval ofBitcoin spot exchange-traded funds (ETFs).\nMore recently, in March, Wood upped her price target, now saying that if institutions were to allocate 5% or more of their portfolios to Bitcoin, it could soar to $3.8 million per coin. At that level, the asset would carry a monster market cap of $75 trillion, making it about three times more valuable than U.S. GDP.\nAnd it implies that Bitcoin could rise almost 58-fold in the next seven years from its price on May 16, translating to an annualized gain of 79%. This would undoubtedly outperform probably every single asset out there.\nBesides the ETF approvals, Ark Invest points to therecent halvingas a key catalyst that can drive the price higher over the next 12 to 18 months, just as it has done in previous cycles. More clarity from regulators can also help drive institutional adoption.\nWood calls out how Bitcoin can help diversify one's portfolio. And it's hard to argue with Bitcoin's historical track record, rising 800% just in the past five years, of significantly raising one's purchasing power.\nCathie Wood and Ark Invest are known for making outlandish projections that make you scratch your head and wonder just how likely these outcomes are. I view the Bitcoin price target of $3.8 million in the same way. In my opinion, it could just be a marketing ploy to raise more assets for her firm's Bitcoin ETF product. This means investors should temper their expectations.\nBut to be clear, just because Bitcoin probably won't rise 79% per year between now and 2030 doesn't mean investors should completely discard it. I believe this crypto should still be on every investor's radar, particularly those who have a long time horizon. If you're someone who's close to or in retirement, then perhaps it's best to stay away.\nThis is an asset that investors should only buy if they plan to own it for the next five to 10 years, at least. It can take a long time for things to play out withblockchain technologyas well as regulatory developments. And the vast majority of capital out there isn't even anywhere close to wanting to own Bitcoin, as stocks, bonds, and real estate still reign supreme.\nInvestors must also be prepared, both financially and psychologically, for the extreme volatility that is sure to happen. Bitcoin has experienced multiple drawdowns in the past of greater than 50%. This just means you should only put as much money in that results in you not losing sleep at night when sizable price swings happen.\nHoping that Bitcoin reaches $3.8 million per coin seems like a pipe dream. Regardless, this top crypto could still work out as a very successful investment over time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency That Could Soar 5,700%, According to Cathie Wood. Is It a Buy?was originally published by The Motley Fool", 'In aiming to revolutionize cross-border payments by introducing a fast and secure blockchain-based alternative to cumbersome banking networks, Ripple\'sXRP(CRYPTO: XRP)has become one of the most popular cryptocurrencies on the market today.\nIt currently ranks in the top 10 most valuable cryptocurrencies and has demonstrated remarkable resilience. It continued to rise in price even as it faced regulatory challenges. With controversy in the rearview and the prospects of a crypto bull market looming, 2025 could shape up to be a great year for the cryptocurrency.\nThe saying "A rising tide lifts all boats" typically holds true in crypto, meaning that during bull markets, the prices of many cryptocurrencies tend to rise together. This phenomenon has been observed in the past, whenBitcoin, the most valuable cryptocurrency, surged and ended up pulling the value of other digital assets along with it.\nBut how high canXRPgo by 2025? The honest truth is that only time will tell. While several cryptocurrencies are trading near all-time highs as this crypto bull market has picked up steam, XRP remains well off its record peak of $3.\nPerhaps this will change as this bull market progresses into 2025, but for now it remains uncertain. Cryptocurrency prices are influenced by a multitude of factors, including market sentiment, regulatory developments, technological advancements, and macroeconomic trends. Any significant changes in these areas could affect the value of XRP in unpredictable ways.\nThe good news is that things look bright for XRP. It successfullyovercamea lawsuit from the Securities and Exchange Commission in July 2023 and recently unveiled plans to launch a new stablecoin. If it can keep up the achievements, then XRP may experience notable growth in 2025. However, predicting its exact value remains challenging.\nEven though XRP might be shaping up, investors should approach cryptocurrency investments with caution, conducting thorough research and diversifying their portfolios to mitigate risk. Ultimately, the future value of XRP will depend on a complex interplay of factors, making it impossible to make precise forecasts.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has adisclosure policy.\nWhat Will 1 XRP Be Worth in 2025?was originally published by The Motley Fool', 'A growing number of crypto investors now think thatBitcoin(CRYPTO: BTC)could hit a price of $1 million within the next few years. In addition to Cathie Wood of Ark Invest, who famously predicted a $1 million price in 2022, there\'s now Jack Dorsey, co-founder and former CEO of Twitter. In a recent interview, Dorsey suggested that Bitcoin is going to "at least a million" by 2030.\nWhat makes this forecast so interesting is that it\'s not coming from a Wall Street investment firm. Instead, it\'s coming from the perspective of a technologist with an intimate knowledge of howBitcoinworks, and not just how it trades. So if Jack Dorsey is bullish on Bitcoin, should you be too?\nThere are two classic ways that investors think about Bitcoin. The first approach is to think about Bitcoin as a commodity. From this perspective, Bitcoin is "digital gold" and a store of value, and should be hoarded much like physical gold. The second approach is to think about Bitcoin as a digital currency. From this perspective, Bitcoin functions primarily as a payment mechanism and means of exchange.\nBut there\'s a third way of thinking about Bitcoin -- as a technology. That\'s how Dorsey is thinking about Bitcoin. He sees it as a blockchain-based technology that is capable of disrupting the modern financial system. And he\'s focused first and foremost on Bitcoin\'s flourishing ecosystem, which includes everyone from Bitcoin miners to companies creating new Bitcoin payment technologies.\nAccording to Dorsey, every single person who touches Bitcoin in a significant way helps to make it better. He should know: Over the past few years, Dorsey has famously collaborated on a number of Bitcoin-related projects.Dorsey\'s latest project is Ocean, which is a new Bitcoin mining initiative.\nGiven the emphasis that Dorsey places on Bitcoin as a technology, perhaps it\'s only natural to ask: "Just how much is the Bitcoin technological ecosystem worth when it comes to valuing Bitcoin?"\nThat\'s a great question, but I\'m not sure if anyone has really answered it in a satisfactory way. Cathie Wood of Ark Invest has perhaps come closest, with her focus on the primary use cases of Bitcoin. For example, in Ark Invest\'s 2023 "Big Ideas" report, she highlighted various roles that Bitcoin can play, including as a remittance asset. So, for example, investors could plausibly attach a greater valuation to Bitcoin if they see its role in the cross-border remittances market increasing over time.\nAnother approach is to focus on the new products and services that members of this Bitcoin ecosystem are bringing to market. For example, Lightning Labs, already well known for its Lightning Network, is now working on bringing stablecoins and tokenized assets to the Bitcoin blockchain. And Strike continues to bring new Bitcoin payment options to global users. All these products and services are helping to make Bitcoin more valuable by boosting its adoption on a worldwide basis.\nWhen it comes to valuing Bitcoin, the focus should be on mainstream Bitcoin adoption. In other words, what are members of the ecosystem doing to make Bitcoin more useful in everyday life? In this case, "utility" means more than just a lot of people buying spot Bitcoin ETFs. It means people using Bitcoin as part of a decentralized financial system that empowers individuals, reduces fees, and lowers barriers to entry.\nJack Dorsey is on to something when he talks about Bitcoin\'s collaborative ecosystem. He has experience building tech companies and designing innovative technologies and platforms. He understands how important community and collaboration are to the success and mainstream adoption of any new technology.\nWhile I\'m still unconvinced that Bitcoin will hit the mythical price of $1 million by 2030, I am convinced that Bitcoin is currently undervalued at its current price of $63,000. That\'s because too many investors are focused on Bitcoin as a financial asset, and not as a digital technology capable of disrupting the modern financial system. With that in mind, I\'m bullish on Bitcoin\'s long-term outlook.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nThis Top Cryptocurrency Could Reach $1 Million by 2030, According to Jack Dorseywas originally published by The Motley Fool', "With nearly 32 years of financial experience under his belt, Dave Ramsey has seen it all. He’s been through bankruptcy, bounced back to accumulate over $200 million in assets and helped millions of people with their personal finances.\nIn a recent episode ofThe Ramsey Show, the finance guru took some time to dissect a worrying trend: younger investors have lost touch with the basic financial principle of balancing risk-reward ratios.\n• Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B —3 ways to get rich without having to gamble on risky public stocks\n• Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that.Here's how you can save yourself as much as $820 annually in minutes(it's 100% free)\n• These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes.Here's how\nHe bemoans the fact that many online influencers are pushing high-risk speculative assets with little potential for returns.\n“That’s not investing, it’s right next to gambling,” hesaid.\nHere’s what the veteran real estate investor had to say and why younger investors could jeopardize their future by ignoring this rule.\n“One of the first things they teach you in finance class is a risk-return ratio,” Ramsey said. This ratio marks the potential reward an investor can earn for every dollar they risk on an investment.\nIn this context, Ramsey says that all investment opportunities lay somewhere on a spectrum of risk and reward.\nOn one end of the spectrum is government bonds, which academics and institutional investors like Blackrock consider arisk-free asset classbecause it’s backed by the government.\nIf you’re willing to take more risk than a government bond presents, you need to be compensated with higher returns. A 10-year U.S. Treasury Bond currentlyoffersa 4.45% yield, according to Bloomberg. Ramsey believes investors should demand greater returns when investing in other asset classes such as real estate and stocks.\nRamsey talked about a mutual fund he invested in which has delivered a 12.2% annual average return since 1934 with only 10 non-consecutive years of drawdowns since then.\n“If I can make that investment by simply pushing ‘Enter’ on my computer … I don’t have any effort to go with it,” he said. “Then if you’re going to flip houses, that’s speculating, all right, and you dadgum better be making more than 12% on your money. You oughta make 20% at least.”\nUnfortunately, he says many investors have lost sight of this fundamental rule.\nRead more:‘They are awful’: Dave Ramsey is fed up with millennials and Gen Z who he claims don't work but want to own homes —here’s what he says you need to be a ‘successful' investor\nRamsey highlighted the fact that social media influencers often ignore the risks of the investments they’re pushing, which could lead to detrimental outcomes.\nSocial media has had a noticeable impact on investment culture. The “meme stock” phenomenon that emerged on online forums like Reddit during the pandemic and elevated stocks like Gamestop and Blackberry have changed the way some investors approach the market.\nMeanwhile, investors are becoming more short-term oriented. The average holding time for individual stocks hasdroppedfrom five years in the 1970s to just 5.5 months in 2023, according to eToro. And speculative assets such ascryptocurrenciesare still experiencing over $75 billion in daily trading volume, according to CoinMarketCap.\nFor Ramsey, these risky assets are only one step removed from gambling. The only difference between Bitcoin and a roulette wheel is that the odds of winning in a casino are lower.\n“If you’re going to walk away from Vegas, the house wins 100%,” he quipped. “Vegas is built on the back of losers.”\n• Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have youpaying as little as $29/month\n• Thanks to Jeff Bezos, you can nowuse $100 to cash in on prime real estate— without the headache of being a landlord. Here's how\n• 'It's not taxed at all': Warren Buffett shares the'best investment' you can makewhen battling rising costs — take advantage today\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.", '(Bloomberg) -- After the long-anticipated launch of US Bitcoin exchange-traded funds in January, and the once-every-four-years software update called the “halving” last month, the big question on a lot of crypto investors’ minds has been, what will power the largest cryptocurrency’s next rally?\nMost Read from Bloomberg\n• Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes\n• These Flight Routes Suffer the World’s Worst Turbulence\n• Harvard Denies Degrees to 13 Protesters, Defies Faculty Vote\n• Citi Trader Got 711 Warning Messages Before Sparking Flash Crash\n• US Justice Department to Seek Breakup of Live Nation-Ticketmaster\nA slew of developers think they have the answer: adding programmability to the Bitcoin blockchain. Today, Bitcoin is viewed by many as digital gold — a token you hold for appreciation, but can’t do much else with. While you can use its biggest rival, Ether, to swap coins and earn yield on the Ethereum network, the Bitcoin blockchain lacks the ability to easily support apps via so-called smart-contract functionality that allows for features such as self-executing agreements stored on the blockchain.\nFor years, developers have tried to rectify that intentional design flaw in various ways. They built Bitcoin “Layer 2” networks, such as Lightning, designed to scale Bitcoin for applications like payments. Some have proven to be unreliable, and so-called bridges — software infrastructure to move tokens between networks — have been prone to hacks, making many users hesitant to use them. And many Bitcoiners haven’t been interested in using the tokens for payment, anyway, and are holding them on the long-term bet prices will rise in what’s become known as “hodling.” However, without a fresh catalyst to maintain investor enthusiasm about Bitcoin, the original cryptocurrency has retreated from its all-time high of almost $74,000 set in March.\nThings have changed recently, though, once Bitcoin Ordinals — a way to create nonfungible tokens by embedding data onto satoshis, as the smallest denomination of Bitcoin is called — began last year. Soon after, an anonymous developer named Domo proposed BRC-20 tokens, which use the same inscriptions mechanism to issue tokens on the Bitcoin blockchain. That, in turn, has sent teams of developers scouring for ways to enable even greater Bitcoin programmability. The Bitcoin community is considering proposals like OP_CAT, which would be a software upgrade to the network itself and make programmability easier to implement. Approaches being worked on include one from a team that Domo is involved with, the Layer 1 Foundation. Another approach, from startup Arch, just raised $7 million in a round led by Multicoin Capital.\n“It’s a huge unlock for Bitcoin,” said Kyle Samani, co-founder of Multicoin. “It’s really good for users.”\nExpected to open to all developers as soon as this month, Arch runs an application platform on top of Bitcoin that uses software that will potentially allow apps from the Solana network to be ported onto Bitcoin, Arch Chief Executive Officer Matt Mudano said. Already, about 20 developer teams are building apps for functions such as borrowing and lending against Ordinals, as well as decentralized exchanges and stablecoins, he said.\nLayer 1 Foundation, meanwhile, is building out a programmable module for the so-called BRC-20 metaprotocol, which is essentially just messages stored in code layered on the Bitcoin blockchain. An indexer can find these messages and run computations in a similar way to smart contracts on Ethereum. Because Bitcoin has much longer block confirmation times than Ethereum - 10 minutes versus 12 seconds currently — that leaves more time to perform computations, “we can actually do more,” said Eril Ezerel, founder of Best in Slot, Ordinals aggregator and explorer.\n“It’s like chapter two in crypto, Ezerel said. “It’s big. It makes us question how we build things.” While building with metaprotocols is simpler, it’s enough to support most financial applications, he said.\nNot everyone in the Bitcoin programing community is convinced this is the cryptocurrency’s future. Jeff Garzik, a one-time Bitcoin core developer and co-founder at crypto infrastructure and app builder Bloq, expects Layer 2s will ultimately win out, as using them for transactions will be less expensive than running apps on Bitcoin.\n“Bitcoin programmability is increasing — by virtue of these new Bitcoin L2s expanding Bitcoin’s reach,” said Garzik, who is working on a fusion of Bitcoin and Ethereum Layer 2. “This simultaneously boosts the Ethereum ecosystem, and also competes freshly with the Ethereum ecosystem.”\nEven so, the new ventures are betting that this new type of programmability could lead to an influx of decentralized finance apps on Bitcoin. Currently, the total value of tokens locked in the Bitcoin DeFi market is about $1.1 billion, compared with $52.7 billion for Ethereum, according to data tracker DeFi Llama.\n“Bitcoin’s DeFi ecosystem could grow to the largest in all of crypto,” said Toby Lewis, a founder of OrdinalsBot. “It is possible that the Bitcoin DeFi ecosystem could grow to trillions of dollars of market cap over the next few years, and it appears to be one of the major drivers of growth in crypto this cycle.”\nAnd if demand materializes, possibly the next catalyst that Bitcoin investors appear to be waiting on.\nMost Read from Bloomberg Businessweek\n• A Hidden Variable in the Presidential Race: Fears of ‘Trump Forever’\n• Google’s Moonshot Factory Falls Back Down to Earth\n• How Dodgers Billionaire Mark Walters’ Bet on India Ended in Disaster\n• How the $17 Desk Salad Won\n• The Six Choke Points That Can Upend Global Trade\n©2024 Bloomberg L.P.', '(Bloomberg) -- After the long-anticipated launch of US Bitcoin exchange-traded funds in January, and the once-every-four-years software update called the “halving” last month, the big question on a lot of crypto investors’ minds has been, what will power the largest cryptocurrency’s next rally?\nMost Read from Bloomberg\n• Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes\n• These Flight Routes Suffer the World’s Worst Turbulence\n• Harvard Denies Degrees to 13 Protesters, Defies Faculty Vote\n• Citi Trader Got 711 Warning Messages Before Sparking Flash Crash\n• US Justice Department to Seek Breakup of Live Nation-Ticketmaster\nA slew of developers think they have the answer: adding programmability to the Bitcoin blockchain. Today, Bitcoin is viewed by many as digital gold — a token you hold for appreciation, but can’t do much else with. While you can use its biggest rival, Ether, to swap coins and earn yield on the Ethereum network, the Bitcoin blockchain lacks the ability to easily support apps via so-called smart-contract functionality that allows for features such as self-executing agreements stored on the blockchain.\nFor years, developers have tried to rectify that intentional design flaw in various ways. They built Bitcoin “Layer 2” networks, such as Lightning, designed to scale Bitcoin for applications like payments. Some have proven to be unreliable, and so-called bridges — software infrastructure to move tokens between networks — have been prone to hacks, making many users hesitant to use them. And many Bitcoiners haven’t been interested in using the tokens for payment, anyway, and are holding them on the long-term bet prices will rise in what’s become known as “hodling.” However, without a fresh catalyst to maintain investor enthusiasm about Bitcoin, the original cryptocurrency has retreated from its all-time high of almost $74,000 set in March.\nThings have changed recently, though, once Bitcoin Ordinals — a way to create nonfungible tokens by embedding data onto satoshis, as the smallest denomination of Bitcoin is called — began last year. Soon after, an anonymous developer named Domo proposed BRC-20 tokens, which use the same inscriptions mechanism to issue tokens on the Bitcoin blockchain. That, in turn, has sent teams of developers scouring for ways to enable even greater Bitcoin programmability. The Bitcoin community is considering proposals like OP_CAT, which would be a software upgrade to the network itself and make programmability easier to implement. Approaches being worked on include one from a team that Domo is involved with, the Layer 1 Foundation. Another approach, from startup Arch, just raised $7 million in a round led by Multicoin Capital.\n“It’s a huge unlock for Bitcoin,” said Kyle Samani, co-founder of Multicoin. “It’s really good for users.”\nExpected to open to all developers as soon as this month, Arch runs an application platform on top of Bitcoin that uses software that will potentially allow apps from the Solana network to be ported onto Bitcoin, Arch Chief Executive Officer Matt Mudano said. Already, about 20 developer teams are building apps for functions such as borrowing and lending against Ordinals, as well as decentralized exchanges and stablecoins, he said.\nLayer 1 Foundation, meanwhile, is building out a programmable module for the so-called BRC-20 metaprotocol, which is essentially just messages stored in code layered on the Bitcoin blockchain. An indexer can find these messages and run computations in a similar way to smart contracts on Ethereum. Because Bitcoin has much longer block confirmation times than Ethereum - 10 minutes versus 12 seconds currently — that leaves more time to perform computations, “we can actually do more,” said Eril Ezerel, founder of Best in Slot, Ordinals aggregator and explorer.\n“It’s like chapter two in crypto, Ezerel said. “It’s big. It makes us question how we build things.” While building with metaprotocols is simpler, it’s enough to support most financial applications, he said.\nNot everyone in the Bitcoin programing community is convinced this is the cryptocurrency’s future. Jeff Garzik, a one-time Bitcoin core developer and co-founder at crypto infrastructure and app builder Bloq, expects Layer 2s will ultimately win out, as using them for transactions will be less expensive than running apps on Bitcoin.\n“Bitcoin programmability is increasing — by virtue of these new Bitcoin L2s expanding Bitcoin’s reach,” said Garzik, who is working on a fusion of Bitcoin and Ethereum Layer 2. “This simultaneously boosts the Ethereum ecosystem, and also competes freshly with the Ethereum ecosystem.”\nEven so, the new ventures are betting that this new type of programmability could lead to an influx of decentralized finance apps on Bitcoin. Currently, the total value of tokens locked in the Bitcoin DeFi market is about $1.1 billion, compared with $52.7 billion for Ethereum, according to data tracker DeFi Llama.\n“Bitcoin’s DeFi ecosystem could grow to the largest in all of crypto,” said Toby Lewis, a founder of OrdinalsBot. “It is possible that the Bitcoin DeFi ecosystem could grow to trillions of dollars of market cap over the next few years, and it appears to be one of the major drivers of growth in crypto this cycle.”\nAnd if demand materializes, possibly the next catalyst that Bitcoin investors appear to be waiting on.\nMost Read from Bloomberg Businessweek\n• A Hidden Variable in the Presidential Race: Fears of ‘Trump Forever’\n• Google’s Moonshot Factory Falls Back Down to Earth\n• How Dodgers Billionaire Mark Walters’ Bet on India Ended in Disaster\n• How the $17 Desk Salad Won\n• The Six Choke Points That Can Upend Global Trade\n©2024 Bloomberg L.P.']... Last 60 Days of Bitcoin's Closing Prices:* [67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-19 Financial & Commodity Data: - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,319,814,061,562 - Hash Rate: 636532381.9804695 - Transaction Count: 644119.0 - Unique Addresses: 405155.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Thematic exchange-traded funds, or ETFs, allow you to invest in a number of the hottest trends and industries — fromblockchainto cloud computing, andclean energyto cybersecurity. Thematic ETFs are an easy way to play a trend rather than trying to pick a winner, allowing you to ride the wave that’s carrying the whole sector. Here are some thematic ETFs in the market’s hottest industries, including how big they are, their largest positions and how much they’ll cost you to own. A thematic ETF is a fund that offers the opportunity to invest based on a particular theme, such as climate change or artificial intelligence. The ETF then holds companies that should benefit from that trend. While traditional ETFs are often based on a broad market index where investors can achieve diversification at a low cost, you likely won’t be sufficiently diversified just by owning a thematic ETF, because the companies’ fortunes will be heavily tied to the same underlying trend. These thematic ETFs often have playful ticker symbols indicating what they are. For example, the symbol for the cloud computing fund is SKYY. Below are seven of the best thematic funds that invest in some of the market’s hottest industries, with data as of Apr. 8, 2024. This index ETF invests in companies that make money in cloud computing, a sector of the market that supplies on-demand services via the internet, such as data storage or computing power. The ETF has enjoyed a 10.3 percent annualized return in the previous five years. The fund caps the position size of each stock to 4.5 percent of total assets. • Top 5 holdings: Alphabet, IBM, Oracle, Arista Networks and Microsoft • Net assets: $3.1 billion • Expense ratio: 0.60 percent Thisactively managed ETFinvests in what the fund manager calls disruptive innovation, new products or services that could dramatically shift how the world works. Investments include genomics stocks, energy and automation technologies, shared infrastructure and services as well as fintech innovators. Over the last five years, the ETF averaged 0.6 percent annually. • Top 5 holdings: Tesla, Block, Coinbase Global, Roku and UiPath • Net assets: $7.2 billion • Expense ratio: 0.75 percent This index ETF invests in companies that could benefit from the proliferation of robotics andartificial intelligence, including such products as industrial robots and automation as well as autonomous driving. The fund tracks the Indxx Global Robotics & Artificial Intelligence Index. The ETF has returned about 8.9 percent annually over the past five years. • Top 5 holdings: NVIDIA, Keyence, Intuitive Surgical, ABB and SMC • Net assets: $2.8 billion • Expense ratio: 0.68 percent This fund’s ticker symbol indicates what it invests in – cybersecurity companies – and it tracks the Nasdaq CTA Cybersecurity Index. More specifically, it owns cybersecurity companies in the technology and industrial sectors, including those protecting networks, computers and mobile devices. The fund returned about 15.2 percent annually over the last five years. • Top 5 holdings: Palo Alto Networks, Infosys, CrowdStrike, Cisco Systems and Broadcom • Net assets: $6.6 billion • Expense ratio: 0.59 percent This fund is sponsored by BlackRock, one of the world’s largest fund companies, and it tracks an index of global clean energy companies, including those involved with solar, wind and other renewable sources. The fund returned about 8.0 percent annually over the previous five years. • Top 5 holdings: Vestas Wind Systems, Enphase Energy, First Solar, Orsted and NEXTracker • Net assets: $2.4 billion • Expense ratio: 0.41 percent Medical technology is one of the most exciting industries, and this actively managed fund is looking for those companies that can extend and improve human life through technological and scientific breakthroughs, and include those working with gene editing, stem cells and targeted therapeutics. The fund lost about -3.3 percent annually over the prior five years. • Top 5 holdings: CRSPR Therapeutics, Twist Bioscience, Exact Sciences, Recursion Pharmaceuticals and Beam Therapeutics • Net assets: $1.5 billion • Expense ratio: 0.75 percent Like its name suggests, this actively managed ETF invests in companies that develop and useblockchain technologies,the process behind cryptocurrency such as Bitcoin. The fund is relatively new, having been founded in January 2018, and so it’s also relatively small. The fund returned around 18.1 percent annually over the past five years. • Top 5 holdings: MicroStrategy, Coinbase Global, Beyond, Cleanspark and Galaxy Digital • Net assets: $701.8 million • Expense ratio: 0.76 percent While ETFs first began as a cheap way to invest in theStandard & Poor’s 500 Index, they’re now a way to buy slices of any “exposure” you want. Looking for a specific country, industry or investing style? It’s a good bet there’s an ETF doing what you’re looking for. For example, new thematic ETFs get you a slice of red-hot industries. Thematic ETFs allow investors who don’t want to do all the analytical work on individual companies to simply buy the industry or trend. So if you see the potential in cloud computing, you can buy the ETF and get a diversified cross-section of the industry at low expense and hassle. Most ETFs work by replicating a specific weighted index of stocks, and thematic ETFs are often no different. They’ll buy whatever stock is in the index and weight it accordingly in the portfolio. By buying one share of the ETF you’re buying a stake in all the companies in the fund, gaining quick exposure to the theme and anarrow diversification across the companies there. For that privilege, you’ll pay the fund manager anexpense ratio. That’s a management fee measured as a percentage of the money you have invested in the fund. While the cost is quoted at an annual rate, the fee is deducted almost undetectably each day from the fund’s value. If there’s a downside, the fund could be seriously hurt if something hits the sector or investors decide they don’t like it, and a thematic ETF’s narrow diversification won’t help reduce this risk. Thematic ETFs are somewhat more expensive than some of the most popular index ETFs such as those based on the S&P 500. Fees on those popular funds can run less than 0.1 percent per year. In other words, you’ll pay $10 for every $10,000 you have invested in the fund. While thematic ETF fees may be pricier than these cheap funds, they’re largely in line with the average expense ratio. Typically they’ll charge somewhere between 0.5 and 0.75 percent, meaning you’ll ultimately spend between $50 and $75 each year for every $10,000 invested. Thematic ETFs are popular for a number of reasons, but they also have some drawbacks. Here are some of the most important pros and cons of this approach. • Flexibility– Thematic ETFs offer investors a way to invest in a targeted “slice” of the market quickly and then sell it just as easily if they think the opportunity has run its course. • Diversification– Thematic ETFs may offer narrow diversification (all companies in a given industry) or broader diversification (companies across industries), but either way they put your eggs in more than one basket, reducing your risk. • Ease– Rather than needing to research and buy multiple stocks, you can know less about the individual companies and get in and out of the market with one transaction. • Low cost– You’ll pay a fee to the fund company running the ETF, but it’s often not so expensive for the diversification and expertise offered by the manager. • Higher risk than more diversified funds– A thematic ETF may be exposed to certain risks – such as declining multiples on growth stocks or specific sector risks – that make them riskier than more broadly diversified funds such as an S&P 500 index fund. • Volatility– Higher risk can translate into higher volatility, both on the upside and downside, especially for narrowly diversified funds. • May need to more actively manage– If you’re trying to use thematic ETFs to play a hot trend, you may want to actively manage them more so than you would for a typical broadly diversified index fund such as the S&P 500, where passive investing is a better approach. From low costs to instant diversification to the ability to invest in a hot sector in one click,ETFs offer investors a lot of benefits. However, as you’re investing in these funds, pay attention to their holdings, because some funds won’t always own what their name indicates. You want to get what you’re paying for and not a high-priced fund with the same stocks as every other fund. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.	71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22, 67578.09